The Business Times, 26 May 1988
1988-05-26
1
30
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The Business Times
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Title Section11 1988-05-26 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, MAY 26, 1988 75 CENTS11 words
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Article286 1988-05-26 1 AP Dow Jones higher NEW YORK stock prices continued to rise in early trading yesterday as the volume of trading picked up from its recent sluggishness. The Dow Jones Industrial Average rose 9.78 to 1,972.31 in the first hour of trading. Gainers outnumbered losers by about 11AP - 286 words
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Article, Illustration287 1988-05-26 1 LONG SHIH ROME - By LONG SHIH ROME REGIONAL share markets posted moderate gains yesterday, buoyed by the overnight rebound on Wall Street resulting from a stronger bond market there. The Dow Jones Industrial Average rose 21.05 points to 1,962.53 supported by steadier bond prices and some287 words
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Article148 1988-05-26 1 THE HIGH-YIELDING Australian dollar continued its uptrend on Asia's foreign exchanges yesterday as the US dollar was sidelined because of an absence of fresh incentives. Dealers said sentiment for the Aussie dollar and the Japanese yen remained bullish. But fears of intervention by the Bank of148 words
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146 1988-05-26 1 AFP AUSTRALIAN Prime Minister Bob Hawke has written a "letter of concern" to his Japanese counterpart over reports that Japan is discriminating against Australian beef, a senior government spokesman said in Canberra yesterday. He said Mr Hawke had written to Mr TakeshitaAFP - 146 words
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Article, Illustration505 1988-05-26 1 LISA LEE - Conditional offer made for shopping podium By LISA LEE PROPERTY conglomerate City Developments Ltd has made a conditional offer for the fivestorey shopping podium of the Riverwalk Galleria development along the Singapore River. If the deal goes through, the property will be CDL's second505 words
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114 1988-05-26 1 Bernama ES PENINSULAR Malaysia s industrial index rose to 184.9 in March, up 18.4 per cent from 156.2 in February and 17.6 per cent better than the same period last year. The Statistics Department announced in Kuala Lumpur yesterday that the index for industrial productionBernama ES - 114 words
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455 1988-05-26 1 SOH TIANG KENG - By SOH TIANG KENG, Financial Correspondent CHEMICAL BANK, one of America's largest banks, will sell off its private banking business in Singapore and five other financial centres in the Far East and Europe. According to the bank's spokesman in455 words
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591 1988-05-26 1 US PRESIDENT Ronald Reagan has. as expected, vetoed the sweeping trade bill passed by Congress. "I am convinced this bill will cost jobs and damage our economic growth," he said in his explanatory address. But Singapore remains uneasy. A statement issued591 words
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Page 1 Advertisements
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Advertisement187 1988-05-26 1 Cassette Receiver K2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore: Phone *****33 Kuala Lumpur: Phone *****33 Panang Phone *****5 *****1 Jakarta: Phone *****5 Ite* THE OFFICE NEVER LOOKED SO GOOD Enter the era of the Business Class Hotel that guarantees every room has the solid business comforts and luxurious187 words
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Advertisement339 1988-05-26 1 Boom or gloom? THE MALAYSIAN ECONOMY grew 5 per cent last year. While this was a definite improvement over the 1.2 per cent GDP growth registered in 1986, analysts disagree over whether the recovery is weak or strong, and whether it shows up the strengths of the Malaysian economy or339 words
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Advertisement307 1988-05-26 1 Full local report, Page 16 Regional markets, Page 18 World markets, Page 19 FOUR CARDS FOR THE PRICE OF ONE <x> Hongkongßank MwtcrCdd ~c?r Ji <x> Hongkongßank Most<-'C<»d hen you apply for either a Hongkongßank Visa card or MasterCard, you get the other card FREE. And you may apply for307 words
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Advertisement43 1988-05-26 1 4 II II mmM House moves fast to override Reagan's veto, Page 6 A political risk for Reagan, Page 7 15dc cut in US trade deficit likely, Back Page Shipping Times comes as a separate section today. Make sure you get your copy.43 words
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HOME NEWS
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Article, Illustration422 1988-05-26 2 TONG SUIT CHEE - Reports on Asean construction industry next month By TONG SUIT CHEE THE FAST-DEVELOPING Asean region offers the construction industry a bright future, going by country reports to be presented at a convention which will be held in Singapore next month. The Singapore report says that developers and422 words
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407 1988-05-26 2 OVER $4 million worth of immediate sales with expectations of another $25 million in sales over the next 12 months were recorded at the recent South East Asia International Building Exposition (Sibex 88). According to a survey conducted by its organisers, the Cahners407 words
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456 1988-05-26 2 LEE HAN SHIH - By LEE HAN SHIH, Property Correspondent LOCAL CONTRACTORS are making a strong pitch for a slice of three major office projects worth a total of $1.5 billion which they say are needed to keep them in business. The projects UOB Plaza, Ocean Towers and456 words
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201 1988-05-26 2 THE CHIEF executive officer of a local hospital will conduct two separate seminars in Taiwan and Thailand for health-care officials in the government and private sector. Mr Dennis Brown of Mount Elizabeth Hospital will share with 30 health-care directors and managers the practical201 words
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Article539 1988-05-26 2 i Seminars and r Cahners Tel *****13 Courses Li Q Exposition Tlx x Group Fax: RS ***** *****66 Jun 6 Small business Notional National *****88 (commenceManagement Application Productivity Productivity ment dote) Board Board Jun 6-7 Finance for NonFinancial Managers Hilton Hotel Ernst ond Whinney Consultants Pte ltd *****77539 words
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363 1988-05-26 3 WHILE BANKERS, brokers and dealers roll the money in their offices in OUB Centre. Hongkong retail chain Watson will be on hand to cash in on their personal care needs. A S Watson Co, which is owned by Hongkong business363 words
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Article, Illustration199 1988-05-26 3 SINGAPORE Cabinet ministers were among the guests at a Hari Raya dinner reception held by the Menteri Besar of Johor, Haji Muhyiddin Yassin, at his residence in Johor Baru last night. In all, about 100 VIPs were invited, including State Executive Council members and199 words
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Article, Illustration216 1988-05-26 3 SINGAPORE has captured the cream of the Media and Marketing Asian Advertising Awards this year, winning more than half of all the "Best" of category awards. Two Singapore agencies dominated the crop of winners. The Ball Partnership emerged with the greatest number of awards tucked216 words
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Article, Illustration336 1988-05-26 3 BRUCE DARRINGTON has been appointed to manage the Singapore representative office of Crosby Securities. Mr Darrington, who qualified as a chartered accountant with Arthur Young in London before moving to Crosby's head office in Hongkong, will now be responsible for research on Singapore and Malaysian equities. FU336 words
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236 1988-05-26 3 A JAPANESE-SINGAPOREAN joint venture has won an $18.88 million job to build a flyover interchange at the East Coast Parkway (ECP) and Fort Road junction. The Public Works Department awarded the job to Sato KogyoSum Cheong Piling Joint Venture which submitted the lowest bid236 words
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472 1988-05-26 3 LIM SOON NEO - Additional services will mean more cargo space By LIM SOON NEO THE BOOMING air cargo industry will see more cargo space between Singapore and the US soon as several airlines are planning to operate additional freighter services. Flying Tigers, Northwest Orient and Nippon Cargo472 words
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Article246 1988-05-26 3 THE TRADE Development Board (TDB) has to help and support small and medium-sized companies so that they can compete more successfully overseas, said board chairman Alan Yeo last night. Mr Yeo, who is also the chairman of food and drinks manufacturer Yeo Hiap Seng,246 words
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Article84 1988-05-26 3 THE SINGAPORE International Chamber of Commerce (SICC) will be the first chamber of commerce to link up with the Trade Development Board s main computer through Trade Dial-Up (TDU). Trade Dial-Up provides on-line processing of inward and outward declarations. An approved outward declaration is required84 words
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Page 2 Advertisements
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Advertisement117 1988-05-26 2 .00 likes to show it. With the name of one of the world's largest and most prestigious international banks on her VISA card, who can blame her? The Chase Classic VISA card also offers: Acceptance at over 5.7 million places worldwide The highest spending limit up to 2-1/2 times your117 words
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Page 3 Advertisements
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Advertisement10 1988-05-26 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day10 words
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Advertisement121 1988-05-26 3 Welcome to a stopover in Germany. i >V m i. C 4 2fcS£. A K ■■ap*. W-. ->■ 34*^1 Wherever you go in Europe, either on business or on holiday, make a stopover in Germany. This place we call home gives you everything from picture-book landscapes to streetside cafes. Lufthansa's121 words
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Page 4 Advertisements
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Advertisement897 1988-05-26 4 Why Compaq sales reacned US $1 billion faster than any other company's in history Business records and Compaq Computer Corporation are no strangers. We achieved the highest first-year sales of any company in American business history. In our fourth year of operation, we broke into the ranks of the FORTUNE897 words
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ASIA-PACIFIC
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345 1988-05-26 5 Reuter SINCE CHINA opened its doors to the world in 1979, its coastal areas, with a stronger industrial base, skilled labour and easier access to world markets, have boomed while inland regions have lagged behind. The fastest growing sector of the economy rural industry,Reuter - 345 words
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Article143 1988-05-26 5 AFP MICHEL CAMDESSUS, managing director of the International Monetary Fund, says other countries should learn from Australia's economic policies. Mr Camdessus told reporters in Canberra on Tuesday that other countries "have a great deal to learn" from the Hawke government's economic strategy, after meeting Prime MinisterAFP - 143 words
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Article851 1988-05-26 5 ARRIVALS Operator Sorvk» Local From numbor Mm* S1A SQ11 0040 LAX/NTT LUFT LH4514 0140 FKA/DXI MAA KL <555 0655 su SQ411 0800 •OM MAS MH640 0820 KUL MAS MH651 0910 PEN MAS MH607 0920 KUL AC AC888 0925 YYZ/LHt/IOM SiA SQ103 0950 KUL CPA CX710 1015 CGK851 words
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Article, Illustration143 1988-05-26 5 AFP CHINESE communist party chief Zhao Ziyang said on Tuesday there had been a relaxation in the situation across the Taiwan straits, the official New China News Agency (NCNA) reported. "Trade, shipping and postal services have already begun between the mainland and Taiwan. IAFP - 143 words
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261 1988-05-26 5 AP SOUTH KOREA reported on Wednesday that its overall trade surplus rose, but its surplus with the US shrank to US$2.5B billion between January and April, down from U552.69 billion a year earlier. Officials at the Trade and Industry Ministry attributed the dropAP - 261 words
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Article149 1988-05-26 5 AFP THE SOVIET UNION has accepted South Korea's application to take part in a Moscow meeting concerning patents next month, officials in Seoul said on Tuesday. Senior officials from the Office of Patents Administration (OPA) would represent South Korea, which is being sponsored by theAFP - 149 words
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473 1988-05-26 5 AP CHINA'S official labour federation has called on the government to guarantee workers' basic living standards in the face of rising inflation, according to an official report in Beijing on Tuesday. The All-China Federation of Trade Unions, an umbrella organisation of state-supervisedAP - 473 words
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236 1988-05-26 5 AFP HONGKONG'S trade deficit doubled in April compared with a year earlier as imports rose sharply in spite of gains in exports. According to government statistics released on Tuesday, domestic exports increased 10 per cent in April from a yearAFP - 236 words
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192 1988-05-26 5 AFP PRESIDENT Ronald Reagan said in an interview published in Manila yesterday that he was against a Soviet-backed proposal for a nuclear-free zone in Southeast Asia because it could heighten the risk of war. "We must look with caution at the proposition thatAFP - 192 words
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Page 5 Advertisements
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Advertisement59 1988-05-26 5 fI jM J W Ifl 1£ The business person's choice, every I I II 111 I Tuesday, Thursday, Saturday and I m\ I I M Sunday. Leaving Changi Airport at J_ 1 JL 22:05 hours and arriving at Lester B. Pearson International Airport the following day Call your Travel Agent59 words
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Advertisement79 1988-05-26 5 The German experience with the Baron's distinction 0 I >' m r f V iv z--:V -m Experience the timeless pleasures of dining on authentic German cuisine; specialities from the Baron's own smokehouse and roast spit. Or on international a la carte cuisine. TiA T At the Barons Table, x/79 words
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Page 5 Miscellaneous
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Miscellaneous150 1988-05-26 5 V////M Max/ Not* Mln (°C) 19/07 Fine 22/16 Cleor 29/17 Cloudy 36/28 Clear 36/26 C)Mr 31/25 Cloudy 36/26 Cloor 25/18 Sunny 17/08 Cloudy 21/12 Cleor 30/20 Clear 25/08 Showers 23/08 Flow 19/06 Clear 16/06 Cloar 35/20 Cloar 26/14 Cloudy 14/09 Cloudy 30/21 Cloudy 13/09 Ooar 16/05 Cloar 33/23 Smoke 15/03150 words
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Miscellaneous21 1988-05-26 5 WKMO, iOU UMLL UALKIO A FWN6 VBHtae, POS&BLYA HGUCOPJBK. YOU UMLL FAILTQ HeAK&paaß&'Qu&rroNS, MOST UKBCf BGCAJSG OF PROPWASH* BY GARRY TRUDEAU21 words
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REST OF THE WORLD
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Article, Illustration484 1988-05-26 6 Senate unlikely to go along with House AFP PRESIDENT Ronald Reagan vetoed on Tuesday the omnibus trade bill with "sincere regrets", but the US House of Representatives quickly voted to override the veto. It was considered unlikely the Senate would go along withAFP - 484 words
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263 1988-05-26 6 Reuter THE US trade deficit would be reduced by about US$42 billion, or over one-quarter, if countries followed a Reagan administration plan to scrap all farm subsidies and trade barriers, according to a new study. The study by 20 economists in fiveReuter - 263 words
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221 1988-05-26 6 Reuter CAR manufacturers, especially in Western Europe, should cut production to avoid further protectionism in a shrinking world market, the International Labour Organisation (ILO) said in Geneva on Tuesday. "Too many cars are chasing too few buyers," a report by the 150-member nationReuter - 221 words
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274 1988-05-26 6 AFP THE NEW French government intends to follow deflationary policies, and hopes that it will soon be able to cut interest rates as a result, Finance Minister Pierre Beregovoy said on Paris television on Tuesday. "I hope toAFP - 274 words
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313 1988-05-26 6 Reuter NATO might have misread Soviet naval strategy and could face a surprise wartime attack by submarine forces now massed near Soviet home waters, a senior Western military expert said in London yesterday. Captain Richard Sharpe, editor of the authoritative annual directory of worldReuter - 313 words
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204 1988-05-26 6 AP THE EUROPEAN Community and Comecon, the Communist trade bloc, will sign an accord, most likely in Brussels on June 24, formalising their relations, an EC spokesman said in Brussels on Tuesday. The agreement will be initialled in Moscow on June 9. ItAP - 204 words
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168 1988-05-26 6 AFP YUGOSLAV Prime Minister Branko Mikulic's three-day visit to Tokyo which began yesterday is expected to centre on trade. Mr Mikulic will be the first Yugoslav leader to visit Japan since the two countries re-estab-lished diplomatic ties in 1952, returning aAFP - 168 words
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192 1988-05-26 6 Reuter CANADA has unveiled details of the proposed Canada-US free trade agreement, touching off a bitter political row certain to spill over into a general election. The Progressive Conservative government's long-awaited legislation authorising the deal, released in the House of Commons onReuter - 192 words
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Page 6 Advertisements
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Advertisement271 1988-05-26 6 FOCUS, Pag* 7 "Let me introduce my private collection of the original Marchetto Cuisine for lunch." ,r> m if ZW, ®P^m| •sfe HEfje miou qWiMitPwmin 'aiefynit Mm I* (IAWC tfEM Kflet F r. 5 -O* r S»«P s*«r awwit wfih wmf s*«r tff me Mf IJLLLII) t-fyW jrtMP 4 refab'M271 words
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FOCUS
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Article, Illustration827 1988-05-26 7 President Reagan on Tuesday vetoed the US trade bill which includes a provision which protects workers from unexpected plant shutdowns. FOCUS looks at how the veto will affect Mr Reagan's standing and the future of the trade bill itself. AP IN VETOING a sweeping tradeAP - 827 words
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439 1988-05-26 7 Reuter PRESIDENT REAGAN'S veto of tough trade legislation on Tuesday seemed certain to send the measure to its grave despite a vote by an angry House of Representatives to override the veto. "Only the Japanese will be smiling," warned Democratic representative DanReuter - 439 words
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508 1988-05-26 7 AP RETALIATION: Transfers from the President to the US Trade Representative authority to decide if another country is engaged in unfair trade practices and what, if any, retaliatory measures to impose. It also requires retaliation against violation of international trade agreements and otherAP - 508 words
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Page 7 Advertisements
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Advertisement176 1988-05-26 7 Composition with blue. Mondiiaan, 1937, Hugs Gemccntemuseurn. I > s Rabobank Q The Art of Dutch Banking Singapore Branch, 50 Raffles Place 3001, Shell Tower, Singapore 0104, Republic of Singapore. Telephone: +*****9896. Telex: *****. Rabobank Nederland, Croeselaan 18,3521C8 Utrecht, the Netherlands. Telex *****. New York, London, Antwerp, Pans, Singapore, Hong176 words
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PERSPECTIVE
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558 1988-05-26 8 Next SBC episode privatisation? IT WAS NOT merely yet another tourism development project that the government announced last week. One indication that there was something special about the proposed $50 million Tang Dynasty Village was that the project was announced by four government bodies the Singapore Tourist Promotion Board, Jurong558 words
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Article, Illustration1179 1988-05-26 8 DAVID CHEW - The Malaysian economy has recovered from recession and expanded 5 per cent last year. Is that strong or weak? Does it bode well for the country? Is the present political uncertainty affecting future economic performance? Malaysian analysts cannot agree on the answer to these questions,1,179 words
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Article, Illustration398 1988-05-26 8 POLITICAL STABILITY, like Malaysia's recent economic recovery, appears to be the subject of a growing debate. The central question is whether Malaysia is politically stable and how this will affect the country's recent economic recovery. Without political stability, sustaining economic recovery398 words
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187 1988-05-26 8 THE ACQUIRED immunity deficiency syndrome or Aids may have sent shock waves through the US and Western Europe. But where Malaysian rubber exports are concerned, the "dark Aids cloud" certainly has a "silver lining". The Aids scare has created a big demand for187 words
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Article, Illustration1948 1988-05-26 9 Barriers to hostile takeovers from abroad in some leading countries in the current merger wave FT THE ACQUISITIVE INTEREST being shown in Rowntree, the UK confectionery concern, by Nestle and Suchard of Switzerland is not the only example of what seems toFT - 1,948 words
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Page 8 Advertisements
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Advertisement279 1988-05-26 8 The signs of the times have been wrong before. Why gamble when there 's a better, surer way? £555 f v i|§% p§ msam All the signs may show an upward trend in business. But, touch wood, what if they're wrong? (If s happened before, and it could happen again.)279 words
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Page 8 Miscellaneous
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Miscellaneous51 1988-05-26 8 Spring »s nere arvd there is fomQr%ce ,r > H>a Chester Perry build V.':;*": •.yr.-V- iV:: Ti&KijsP' '.r .r r 'j iiHaiiiiiil j .i' J -,rI y r -..-J ••i I" ,1" [moRMING POSTBOY. r*R. BRISTOU)— L3Hprr 'S TMe fDUMNo Of TMf\T Ngu) lenp /N TMtTypioQ PtooL 7 y Miss51 words
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Page 9 Advertisements
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Advertisement56 1988-05-26 9 Suchard making offer tor Rowntrii, Societa Generate bid: hint of new movaa, Page 19 Get Hooked on Seafood from around M 1 the world! J .0 m i 1 c m*A ■I Closed for lunch on Saturdays Sundays. IMVIttIWMIAAn.II g ou evarc j Hotel Singapore C 200 Orchard Boulevard. Singapore56 words
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Page 9 Miscellaneous
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Miscellaneous1357 1988-05-26 9 TO (MD 2QSM® 7,30 PM Opening and Programme Highlights followed by Lingo. 7.5S Coming Attractions. 8.00 With The Poet In Gorbachev's Russia (See highlights). 9.15 Soccer: European Champion Club's Cup Final (r). 11.00 Bookvisions— Wuthering Heights. In order to take revenge on Catherine and the Linton family, Heathdiff marries Isabella1,357 words
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Miscellaneous651 1988-05-26 9 CRYPTIC PUZZLE ACROSS 1 Just the place for a pizza? (6) 7 In which any nuggets are not so dusty (4. 4) 8 Hub of church activity? (4) 10 Stripped of jackets, says? (6) 11 Wrong name for an airman (6) 14 Half a foot to the right? Rubbish! (3)651 words
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COMMODITIES
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Article, Illustration578 1988-05-26 10 Miners suggest incentives for diversification Bernama ES THE MALAYSIAN government has been urged to provide a suitable and attractive incentive package to encourage potential investors to diversify into tinbased manufacturing. President of the States of Malaya Chamber of Mines Ibrahim Menudin suggested some ofBernama ES - 578 words
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Article267 1988-05-26 10 Reuter THE Malaysian government should limit exports of latex to check the current price spiral and to ensure adequate supplies to local manufacturers, according to Ngan Chin Wen, the secretarygeneral of the Associated Chinese Chamber of Commerce and Industry of Malaysia. High rubber prices, particularlyReuter - 267 words
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367 1988-05-26 10 Reuter THE EMIRATE of Abu Dhabi plans to make major investments in foreign oil companies as a safeguard against oil price fluctuations, an oil industry official said in Abu Dhabi on Monday. Khalifa Mohammed al-Shamsi, general manager of the state International Petroleum InvestmentReuter - 367 words
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Article362 1988-05-26 10 HONGKONG: The metal closed slightly higher yesterday in fairly quiet trading on some short-covering by local and overseas investors in the morning session, dealers said. They said foreign interests also pushed up platinum prices in the morning. But the advance lost momentum in the afternoon, pushing gold near362 words
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193 1988-05-26 10 AFP BRAZIL has the capacity to overtake Malaysia in tin production in the next few years provided prices are right, a mining group said in Kuala Lumpur yesterday. Brazil, which produced only 6,320 tonnes in 1978, was the third largest producerAFP - 193 words
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634 1988-05-26 10 Bernama ES OUTPUT of fats and oils and of oilmeals is expected to increase by 5 per cent this year to 215.1 million tonnes, said the Food and Agriculture Organisation. It said this is mainly on account of larger production ofBernama ES - 634 words
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Article300 1988-05-26 11 London Commodity Exchange Buyer/Seller closing prices on May 24 (£/tonne unlets specified). Previous closing prices in parenthesis. Coffee (ash in-storo London, toilers option C1F London May 1040/1043 (1050/1051) High/Low 1046/1037 Jul 1058/1060 (1068/1069) High/Low 1065/1051 Solos (2743) M'sion/Sumatron crvdo OF UK/Rottordam May 425tlr (425sir) Jun 427.5«ir Aug 425tlr300 words
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Article237 1988-05-26 11 Chinese Produce Exchange Sellers' noon dosing prices on May 25 (SS/100 kg) Coconut oil Bulk FOB 107.00 Old drum FOB 117.00 Now drum FOB 121.00 (USS/toma, FOB) White Rke 100% do* 100% 2nd chm 100% 3rd dots 5% 10% '5% 20% 350 315 310 300 295 285 283237 words
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Article166 1988-05-26 11 Reuter TIN ON THE Kuala Lumpur Tin Marfcat extended Tuesday's gains yeatarday, rising another aavan cants to doaa at M 517.03 a kg, daalara aaid. A firmer European apot tin marfcat on Tuesday triggered paralatant short-covering from Japan and Europa with wrong diqi o? iorin*s noted at theReuter - 166 words
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Article45 1988-05-26 11 N*W Yark daw pnilw dmy. Products (FOB S'pore) Kirnw Com* 21.20 21.19 Chang* Mnrfi -0.10 low Sui wo «r LSWI 1475 1«.4J undi •mfc Fvat ai Al prto USS/mmw •7 00 M 1900 S'por* Mm »a Onrg* «ndi •«>« wn Source: Petroleum Argus45 words
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Article309 1988-05-26 11 Reuter SINGAPORE The market closed firmer yesterday, after fluctuating fairly widely and June 1 RSS buyers ended at 290.00 cents a kilo, up three cents from Tuesday. Oealers said opening prices held steady at around overnight levels but speculative selling and profit-taking caused prices to fall sharply towards midday.Reuter - 309 words
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Article274 1988-05-26 11 RAS prices *sc *M|, F0 ia In bate B NOON CLOSE lvy*r* S*H*rv 8vy*r* e m •aaari bit 1 RSS Prompt 282.00 284.00N 291.00 295.00N ht 1 KSS Jm U 290.50 284JON 290.00 295.00 Int 1 RSS My 283.00 289.00 294.00 299.00 Int 2 RSS Of 276.00274 words
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Article73 1988-05-26 11 (eann/kfl) JUNE 1984 JULY 1988 (currant month) (forwot d month) RAS NOON NOON SIIMI ssi 30 350.00 255.00S 350.00 355-OON SSI 50 241.00 353.00N 24C40 253.00N MRELB tvyan SaMan >JX MM SMt CV 530.00 532.00N 531.00 533.00N SM» I 535.00 527.00" 536.00 528.00N SMt 5 333.00 335.00N73 words
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Article418 1988-05-26 11 Bernama MALAYSIAN CRUDE PALM OIL FUTURES closed firmer in moderate trading on the Kuala Lumpur Commodity Exchange yesterday. Dealers said short covering and speculative buying helped prices to breach the Msl,ooo mark. The report that Pakistan's purchase of 6,000 tonnes of RBD, together with the higher Chicago soybeanBernama - 418 words
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Article185 1988-05-26 11 Reuter CBT SOYBEAN FUTURES rallied on Tuesday to the 30-cent per bushel upper limits in some new crop months, ending with gains of 29-1/2 to 21-1/2 cents per bushel. July settled at $7.83-1/2. The outlook for a return of hot. dry weather across most of the Midwest by thisReuter - 185 words
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Article198 1988-05-26 11 Reuter CBT WHEAT FUTURES rallied steadily from opening levels to close Tuesday on or near the highs, up 4-3/4 to 18 cents per bushel. July wheat settled at 3.47-1/2 dlrs per bushel after posting an eight cent range on the day. Strong gains in Minneapolis spring wheat futures afterReuter - 198 words
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Page 10 Advertisements
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Advertisement33 1988-05-26 10 support we've received on our IBM system, we're improving analysis and control." Koo Tse Chia Financial Manager, Singapore National Printers Ltd., Singapore i «T k am \k 5 V" yi >" m Ik \fjUhiP33 words
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Page 11 Advertisements
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Advertisement262 1988-05-26 11 The estimators at Singapore National Printers don't like to see red ink. They're responsible for ensuring that SNP turns a profit on each job it undertakes. And since SNP charges customers on the basis of cost bids, profitability depends upon how accurately estimators can judge the amount of paper, ink262 words
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SPORTS & LEISURE
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Article, Illustration446 1988-05-26 12 AFP MIKE GATTING was at the rudder himself at Lord's on Tuesday for one of his greatest triumphs as England captain. Gatting finished 40 not out to steer England to a seven-wicket victory and a 3-0 whitewash of the West Indies in the one-day international series.AFP - 446 words
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Article141 1988-05-26 12 Reuter FORMER AUSTRALIAN JOCKEY David Brosnan told a Hongkong court on Tuesday he was paid a total of US$l9O,OOO (U5524.000) by a race-fixing syndicate. Brosnan is the second Australian jockey to testify at the trial of two Hongkong businessmen and three jockeys charged with trying toReuter - 141 words
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427 1988-05-26 12 UPI IN A RARE, front-page editorial, the Daily Racing Form on Tuesday accused Hall of Fame trainer Woody Stephens of "unsportinglike conduct" for the strategy he used against the filly Winning Colors in last Saturday's Preakness Stakes The racing paper alleged thatUPI - 427 words
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Article, Illustration622 1988-05-26 13 BARRY WOOD - From BARRY WOOD HANA MANDLIKOVA, who has slipped to the eighth spot in the world, got no further than the second round of the French Open, losing 6-4, 6-3 last night to Bettina Fulco. The result does not come as622 words
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Article, Illustration365 1988-05-26 13 UPI THE DALLAS MAVERICKS, who spent last weekend waiting for the Los Angeles Lakers to advance to the Western Conference final, spent Game 1 watching the defending NBA champion breeze past them. The Lakers, employing their fastbreak about as wellUPI - 365 words
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Article, Illustration864 1988-05-26 13 SHIRISH NADKARNI - By SHIRISH NADKARNI INDONESIA, strongly favoured to challenge holder China (or the Thomas Cup yet again, was simply irresistible at the Stadium Negara yesterday, as it stormed past one of its strongest rivals in Group B, South Korea, with plenty to spare. The Indonesians, expected to be864 words
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Article, Illustration372 1988-05-26 13 AP A 60-FOOT (18.2 m) waterline catamaran with a sail akin to an aircraft wing was unveiled on Tuesday as the US defender for the America's Cup, but the boat must first clear legal obstacles before the September regatta. The San Diego Yacht Club boat representsAP - 372 words
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428 1988-05-26 13 CHARLES SAVAGE - By CHARLES SAVAGE NEXT MONTH'S squash championships should be thrilling although two top players won't be there. Singapore's only playing squash professional Peter Hill is injured and out of action for about a month. Women's champion Lim Seok Hui is unable to defend428 words
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Page 12 Advertisements
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Advertisement260 1988-05-26 12 COURyoiSIERXO-Where to eat, drink... The Szechuan Experience with the Meisan Difference Sav\>ur the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting Nend of flavrxjrs. And discover the exquisite art WEICA W of true enjoyment, i* Ar the Meisan J2ll SZECHUAN BESTAUHAHT *-1 /nsimctnvh Mruon Royal §*jrc Singapore 25260 words
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Advertisement214 1988-05-26 12 BARBEQUE 4 N' FASHION SHOW, a double pleasure, by the POOLSIDE, food served 7pm 10pm showtime 8.15pm, even' Thursday and Friday. Select from a variety of: salads and dressing, vegetables, meat seafood and desserts. Not forgetting choice of coffee or tea. $1630++ per adult $10.00 per child under 12 years214 words
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Advertisement174 1988-05-26 12 FASHIONABLY HYATT Join the fashion-conscious every Thursday(3.oo 6.00 pm) in The Lounge. Watch our models parade the latest collectioas while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus.show at $10.50 fY*r nprCAfl Plus 10% Service174 words
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Advertisement262 1988-05-26 12 Jolly Hours are back! 0f« far fcnefc jnd dmtr Order a Guinness draft stout or draft beer get another FREE. Or get 25% off all other drinks by the glass. And 10% off bottle purchases. Nothing could be jollier! Mon Thur: 10pm to lam Come try our delectable international cuisine.262 words
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Advertisement164 1988-05-26 12 dp (Qk French connection The culinary favourites of France are yours to enjoy from May 1 31. With Fines de Claires, Canard a 1' Orange, Quiche Lorraine, Escargot au champignons, Coq au vin rouge, Crepes Suzette and more! Make the French connection for just 15* for children. i,/•>/.... Prices tubjKtlo164 words
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Page 13 Advertisements
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Advertisement537 1988-05-26 13 and entertain 4 4 Wa v* 1 /r f-. i r-~ Invitingly Indonesian Cate-in-the-Park cordially invites you to dinner during our Indonesian Food Promotion. Our daily Buffet Dinner will put the spice into your life with offerings of piguant sambals, coconut-rich curries and delectable Indonesian favourites. It's an invitation you537 words
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MONEY AND EXCHANGES
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Article260 1988-05-26 14 Reuter ASIAN DOLLAR deposit rates closed steady yesterday at opening levels with trading quiet ahead of today's release of revised US first quarter gross national product data, dealers said. Rates were little changed at the outset with fairly good speculative activity seen on expectations that the GNPReuter - 260 words
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Article1309 1988-05-26 14 SINGAPORE: Report not available. KUALA LUMPUR: The US dollar closed at 2.5645/55 and the Singapore dollar at 128.10/20 yesterday. JAKARTA: The US dollar was fixed at 1667/1673 yesterday. HONGKONG: The US dollar closed slightly higher yesterday, though trading was quiet most of the day prior to the release1,309 words
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Article217 1988-05-26 14 Reuter IMM currency futures ended mixed on Tuesday but above session lows after a late bout of shortcovering. Many locals who were sellers on the earlier drop squared their positons late. The yen and sterling showed the greatest strength on the afternoon recovery, but volume remained thin, traders said.Reuter - 217 words
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Article176 1988-05-26 14 Gold futures on May 24 100 troy ounces; USS par troy ounce Open High Lorn MM May 460.60 1.60 Jun 460 50 462.40 458.70 461.10 1.70 Jul 463.70 1.20 Aug 463.00 466.80 462.40 465.40 1.00 Oct 469 50 472.20 467.40 470.30 4X80 Ok 474.00 477.10 472 JO176 words
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Article87 1988-05-26 14 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****X 18.8.88 3.70 3.65 3.70 3.54 6 months BY*****7 24.11.88 3.84 3.79 3.82 3.70 1 year BY*****Z 23.3.89 3.84 3.79 3.83 3.75 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing87 words
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Article404 1988-05-26 14 EURODOLLAR futures opened unchanged yesterday from the previous close with the September contract testing minor resistance at g2.81 in early trading. Trading slow initially as there was little dealing interest ahead of revised US GNP number today. Further short covering in the afternoon saw the September contract recov- ering404 words
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Article, Illustration180 1988-05-26 14 Indicates the average of the prime lending rates of 12 major banks in S'pore Interbank market rates (offer/bid) on May 25 us$ DM SWFC Y«o 7 day* 7 3/16 1/1* 7J/i- i/a 3 J/16 3/16 3 J/« 3/1 4J/1- i/a 1 mflh 7 J/16 3/14 7 1/2180 words
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Article54 1988-05-26 14 THE OVERNIGHT money rate rose point to end at 3% per cent yesterday One month rose 5/16 to 4 per cent. S$ Interbank rates at 1 2 noon yesterday: OffH MO Ow night 3 7/8 3 3/4 1 -rnmilti 4 3 7/8 2-monrti 4 3 7/8 4 354 words
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Article1531 1988-05-26 14 CURRENCY FUTURES OPTIONS Wadnasday, May 25 1988 DEUTSCHE MARK (SIMEX) JwNcMi Mm M puv 54 55 56 57 S« 59 60 61 62 63 92A 17A 87 IS 2 CAS CAB CAS 278 1106 2108 3108 4108 CAS CAB CA6 CAB 3 30 115 215 315 415 59 601,531 words
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Page 14 Advertisements
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Advertisement74 1988-05-26 14 GRAND AUCTION by Edmund 6c Shukor on Sunday, Nay 29,! at the Grand ballroom Milton International Singapore. "TTWT 'itL r r*y TtZ*' A A 1 ►T XV. ..W!CT°a 100 pieces specially selected for this auction from Persia and Pakistan including beautiful tribal pieces. Viewing 10am —1 pm Auction Sale: 2pm74 words
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Advertisement10 1988-05-26 14 IB banque indosuez 3 Shenton Way. Shenton House. Singapore 010610 words
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BANKING AND FINANCE
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501 1988-05-26 15 UPI NEW INTERNATIONAL standards on bank capital-asset ratios, agreed upon by major Western nations and Japan, will provide a level playing field for international banking companies but could pose problems for less efficient banks, says an economist. "By and large, the German and BritishUPI - 501 words
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178 1988-05-26 15 NYT THE CONCLUSION of the eight-month-old takeover struggle for the Irving Bank Corp was delayed further on Tuesday when the Bank of New York Co gained more time to continue its efforts to acquire Irving. The Federal Reserve BoardNYT - 178 words
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414 1988-05-26 15 Reuter THE PHILIPPINE Central Bank s domestic borrowings through reverse repurchase agreements have driven interest rates up and interfered with economic growth and investment, the National Economic Development Authority (Neda) said. "Although we grew substantially in 1987, we were still below theReuter - 414 words
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196 1988-05-26 15 AFP THE Bank of China has signed an agreement with 17 international financial institutions to get a US$2OO million loan for the building of the Daya Bay nuclear plant. The 10-year credit facility was managed by Chase Manhattan Asia, MidlandAFP - 196 words
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124 1988-05-26 15 Bernama ES BANK NEGARA's gold and foreign exchange reserves decreased to M 515,868.65 million as at April 30. from M 516,729.6 million the previous fortnight. Central bank governor Tan Sri Jaffar Hussein said in a statement in Kuala Lumpur on Monday that theBernama ES - 124 words
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Article, Illustration402 1988-05-26 15 DEXTER LEE - By DEXTER LEE TOTAL AFTER-TAX profit of Standard Chartered Finance Ltd, the local finance company arm of Standard Chartered Bank, rose 73.4 per cent to $2.97 million last year. Its operating profit increased 80 per cent to $4.5 million, boosted mainly by the402 words
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496 1988-05-26 15 Reuter BANKS in the United Arab Emirates are recovering from a lean period but are still dogged by bad debts left over from the oil boom years, some caused by fraud and others by a Gulf-wide recession, bankers said. Profits areReuter - 496 words
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131 1988-05-26 15 INDIVIDUALS opening a deposit account of at least $5,000 with Citibank (Singapore branch) before the end of the month will be in for a pleasant surprise they'll enjoy the luxury of being transported to and from the bank in a limousine. A131 words
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Page 15 Advertisements
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Advertisement400 1988-05-26 15 A The Hokkaido Takushoku Bank, Ltd. 1 (Incorporated in Japan) BALANCE SHEET (Non-Consolidated) Aiaets Cash and Due from Banks Call Loans Trading Securities S«curities Loans and 3ills Discounted Foreign Exchange Assets Other Assets FYemises and Equipment Customers' Liabilities for Acceptances and Guarantees Total Aisets Liabilities Deposits Call Money Borrowed Money400 words
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Advertisement139 1988-05-26 15 PULSAR LX 1.3 78 M Hop aboard the Orient Express, our >W wT exciting new short-term car rental scheme, and you can drive jr- off in style —with one of our brand new Nissan Pulsar or Nissan Sunny models. Our Orient Express scheme is the perfect complement to our well-established139 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration4871 1988-05-26 16 SHARE PRICES made modest gains yesterday as sentiment was buoyed by the 21.05-point rebound in the Dow Jones Industrial Average on Tuesday. The Straits Times Industrial Index climbed 12.40 points to 909.42 while the broader-based BT Composite Index gained 11.24 points to 850.94. Total4,871 words
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Page 16 Advertisements
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Advertisement12 1988-05-26 16 Unit Trusts table, Rags 17; Business dons on ths SES, Psgs 1712 words
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COMPANY NEWS
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Article534 1988-05-26 17 tcmkig mm... By HOCK LOCK SIEW AFTER LIMPING for seven years, things are looking up for United Engineers Ltd. The hitherto ailing heavy equipment and industrial engineering group has just received an enviable sum of $27.15 million for half of its stake in associated companyBy HOCK LOCK SIEW - 534 words
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229 1988-05-26 17 BOUSTEADCO SINGAPORE has been appointed agent to Korean-based Hyundai Trans- Pacific Service to provide husbandry services to the shipping company's vessels in Singapore. At a press conference yesterI day, Bousteadco's managing di- rector K A Wallen said the company's role would be to canvass for229 words
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Article3421 1988-05-26 17 SECTION ONE INDUSTRIAL a COMMERCIAL Aono C95%6 097 Si IS 095% Alcorn C 65 SI Amai Staal 50* (1848 I 85 SI (1211 I 85 191 I 86 (281 I 84 1117) 1.84 141) 185 Avtono 20* 14.14 B 4 16 SI 19) 4.16 (2)3,421 words
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Article283 1988-05-26 17 Managers' prk*» for May 26 Japan Gr fund Shenton Thrift fund 1 62 081 167* 081 Singapore Unit Trust UOB Management The Commerce 093 099* Unifvmd 085 085 TK# Sovings fund 082 088 Unibond 1005 103 S'por* Prog Fund S pore Sec fund Spore Invest fi**d Spore Equity283 words
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504 1988-05-26 17 ELAINE KOH - By ELAINE KOH BY THE END of this month, Promet Bhd will have repaid its bankers about Ms 47 million out of the Ms2Bs million owing, leaving it free from having to make any instalment payments until March,504 words
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167 1988-05-26 17 UNITED ENGINEERS Ltd has reduced its interest in associated company United Engineers (M) Sdn Bhd from 29 per cent to 15 per cent, following the disposal of 11 million shares. UE said it sold the shares on Tuesday167 words
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246 1988-05-26 17 WEARNE Brothers Ltd, which has been diversifying aggressively, boosted its profit after tax and minority interests by 20 per cent to $7.60 million for the first half ended March 31. 1968. The healthy set of figures was due to a stronger performance246 words
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Page 17 Advertisements
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Advertisement983 1988-05-26 17 THE ROYAL BANK OF CANADA FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED OCTOBER 31, 1987 Consolidated Statement of Assets and Liabilities (in thousands of Canadian dollars) Head Office: 1 Place Vie Marie. PO. Boot 6001 Montreal. Quebec. Canada H3C 3A9 Branches and Offices: In Canada. Arngua, Alumna. Bahama* Barbados, Cayman983 words
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REGIONAL MARKETS
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254 1988-05-26 18 AFP VOLVO announced on Tuesday that it had signed an agreement with Fuji Heavy Industries, maker of Subaru, to boost sales of the Swedish manufacturer in Japan. R6ger Holtback, president of Volvo Car Corp, told a press conference in Tokyo he aimedAFP - 254 words
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3197 1988-05-26 18 SENTIMENT took a distinct turn for the better at the Kuaia Lumpur stock market yesterday and share prices soared across the board. The run-up was led by United Engineers Malaysia (UEM) which shot up 22 cents. The counter opened 14 cents up at M$3.44 and3,197 words
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Article99 1988-05-26 18 AFP STATE-OWNED Philippine Airlines (PAL) on Tuesday pledged to improve safety standards with a special fund demanded by relatives of one of the 50 people killed in a domestic flight's crash last year. PAL senior vice-presi-dent Ricardo Palomo announced the setting up of the fundAFP - 99 words
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181 1988-05-26 18 Reuter PAPUA NEW GUINEA is investigating transferring its 20 per cent stakes in foreign mining projects to a company which it would float. Shell Papua New Guinea Pty Ltd general manager Joe Tauvasa said in Sydney. "The vehicle would provide equity shares to PapuaReuter - 181 words
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Article1418 1988-05-26 18 Hongkong HONGKONG share prices closed steady yesterday but off their early highs in moderately active trading on renewed buying interest. brokers said. The Hang Seng Index rose 11.82 points to close at 2,528.00 and the Hong Kong Index 7.14 to 1,671.45. Turnover was HK5780.47 million against Tuesday's1,418 words
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Article116 1988-05-26 18 MAY 23 WON Kai Kangwon Ind Kia Motor Koton Ind Korea Long Term Lucky LM Oriental Brewery Oriental Cham Pacific Chemical Samhwan Samsung Corp Samsung Elec Samsung Semicon Ssangyong Cem Sunkyong Ltd Taihan Wire Yukong Cheil Sugar Daelim ind Daewoo Corp Daewoo H««vy Daishin Securities Dong Ah Phar Dong116 words
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Article467 1988-05-26 18 Reuter TOKYO share prices closed higher yesterday in active trade due to market sentiment boosted by Wall Street's rebound overnight. but whether Wall Street could get fully back on its feet was still in question, brokers said. "The market falls, and then gains, falls and then gains," said MrReuter - 467 words
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Article418 1988-05-26 18 Reuter THE AUSTRALIAN share market closed strongly firmer yesterday ahead of the May mini-budget and reached its highest level since last October. Brokers said light prof-it-taking later in the session saw the All Ordinaries Index close 19.5 points higher at 1.489.4. It peaked earlier in the day at 1,493.8Reuter - 418 words
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Article160 1988-05-26 18 Reuter THE SECURITIES Exchange of Thailand Index rose 2.26 to 422.87 on a turnover of 5.172,111 shares worth 417.32 million baht. Reuter MAY IS AMT IAo Kham Thai 254 2 Ayudhya Invaatmant 400 2 Bangkok Agro-lrxJ 131 -2 Bangkok Bank 325 -2 Bank <X Ayudhya 352 unch Charoong ThaiReuter - 160 words
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Article294 1988-05-26 18 MAY 25 NT S Kolin 43 60 -1.2 Kuochan Dev 56 00 -1.5 Laa Chang Yuan All Sincere Indus 4.71 -014 Cham Indus 56 50 -0.5 Asia Onwil 79 50 -1 Lien Hwa Indua 86 50 -2 Cathay Cons 95 SO -2 5 Nan Ya Plas 73 00 -2294 words
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Article97 1988-05-26 18 MAY 2S PESOS I- Marsteel 0 004 unch Oriental B 0 042 uncfi Phil Overseas 0 034 *0001 Acoie Mining Phitex B 0 40 -0 01 AngloPhil 0 01 -0 001 Picop B Apex Mining B 0 037 uncti Atlas Con B 24 SO -0 5 T Mimj R97 words
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Page 18 Advertisements
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Advertisement455 1988-05-26 18 SOUTH EAST ASIA DEVELOPMENT CORPORATION BERHAD PROFIT AND DIVIDEND ANNOUNCEMENT The Board of Directors are pleased to announce the audited results of the Group and the Company for the twelve months ended January 31,1988. Operating Revenue Profit before taxation and extraordinary item Less Taxation Group current year prior year adjustments455 words
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WORLD MARKETS
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Article993 1988-05-26 19 New York Reuter WALL STREET stocks ended broadly higher on Tuesday with blue chips managing to hold on to sharp gains. Traders said selling pressure evaporated as the market recovered, mainly on technical factors, after two days of losses. "Once you get a unanimous opinion thatReuter - 993 words
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Article1041 1988-05-26 19 London Reuter LONDON share prices firmed yesterday at the OQOO GMT opening as Britain's Department of Trade and Industry said it would not refer Nestle's £2.1 billion bid for Rowntree to the Monopolies and Mergers Commission. At 0800 GMT, the FTSE 100 Share Index was 2.1 upReuter - 1,041 words
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Article1188 1988-05-26 19 Selected indices HONGKONG All Industrials 2.3708 2.342 1 Hongkong Index Wednesday Tuesday Wednesday 1,671 45 Week ogo 2.3508 Tuesday 1.664 31 Week ogo .***** NEW YORK Hang Seng Index Dow Jones Wednesday 2.526 00 Tuesday 1.962 53 Tuesday 2,***** Monday 1.941 48 Week ago 2.533 26 Week ago 1.986 411,188 words
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79 1988-05-26 19 AFP TWO DUTCH paper groups. KNP and VRG, are to join forces in a bid to dominate Europe's paper trade, the groups said in a joint statement on Tuesday. The two groups have agreed that KNP will retain its paper-making activities but willAFP - 79 words
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Article87 1988-05-26 19 Bernama FORD AEROSPACE Corporation will acquire the military contracting firm of BDM International Inc for US$425 million, the two companies announced on Tuesday. The joint statement released in McLean, Virginia said Ford Aerospace, a subsidiary of the US carmaking giant, would pay U5534.75 inBernama - 87 words
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94 1988-05-26 19 UPI LEVI STRAUSS and Co has signed its first licensing agreement in Turkey to manufacture, market and sell Levi's products in the local market. The agreement was signed with Denimko Ready Made Wear A S Co of Istanbul, a spokesman said in San Francisco onUPI - 94 words
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214 1988-05-26 19 Reuter THE BOOM in Europe's chemical industry is set to continue in 1988 after five years of almost uninterrupted growth, putting the companies in a position to continue their strategy of building global chemical empires. "First-quarter results have been excellent. Major European chemical companies remain wellReuter - 214 words
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282 1988-05-26 19 Societe Generale hints off new control moves Reuter ITALIAN TYCOON Carlo de Benedetti hinted on Tuesday he might make new moves in a thwarted bid to control Societe Qenerale de Belgique, Belgium's largest company. Reporters at a Lisbon news conference asked if his attempt to gain control of Societe QeneraleReuter - 282 words
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104 1988-05-26 19 Reuter RANKS Hovis McDougall PLC Mid in London yesterday it was acquiring privately owned Naas Foods Inc of the US for U5527.55 million, with a further US$4 million to be paid over the next seven years. The consideration is being funded by the issueReuter - 104 words
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Article165 1988-05-26 19 AP SOFTWARE manufacturer Microrim Inc has sued Mitsubishi Corp, a major shareholder, alleging that the Japanese company misrepresented itself when acting as an intermediary in a contract between Microrim and another company. In a lawsuit filed earlier this month in the US District Court in Seattle.AP - 165 words
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96 1988-05-26 19 Reuter JACOBS SUCHARD AG said it was making a 940p per share cash offer for Rowntree PLC and that it was seeking a recommendation from Rowntree's board for the offer. The Swiss confectionery firm said in a statement it was willing "toReuter - 96 words
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311 1988-05-26 19 Reuter US SENATE Banking Committee chairman William Proxmire vowed on Tuesday to press for a bill to streamline regulation of US stock, futures and options markets, despite opposition from the Reagan administration. Senator Proxmire lashed out at a committee set up byReuter - 311 words
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Page 19 Advertisements
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Advertisement234 1988-05-26 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF COL SERVICES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE Is hereby given, In pursuance of Section 308 of the Companies Act. Cap. 50, that the FINAL GENERAL MEETING of the members of the abovenamed234 words
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Advertisement385 1988-05-26 19 NOTICES THE COMPANIES ACT, CAP. 50 LOTCO (S) PTE. LTD. (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of Lotco (S) Pte. Ltd. duly convened and held at 101 Upper Cross Street, #04-43 People's Park Centre, Singapore 0105 on the 21st day of May 1968, the following385 words
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Advertisement363 1988-05-26 19 In the Matter of THE COMPANIES ACT, CAP. 50 And In the Matter of HUP JOO SEED TRADING PTE LTD NOTICE IS HEREBY 3IVEN pursuant to Section 108 (2) of the Companlei tot (Cap. 50) that the Pinal sleeting of Members of the ibovenamed Company wll] held at the office363 words
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Advertisement369 1988-05-26 19 11l the Matter of The Companies Act, Cap. 80 And In the Matter of KAI HOUSEWARE (S) PTE LTD (In Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50 that the PINAL GENERAL MEETING of the Members of the abovenamed Company369 words
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Article, Illustration564 1988-05-26 20 MARTIN SOONG - \7BSiJIMDQE? By MARTIN SOONG PRESSING Washington to come clean, Brigadier-General (Res) Lee Hsien Loong yesterday offered to arrange a televised showdown, via satellite, between Francis Seow and Patrick Seong and the three US State Department officials accused of interfering in local politics. During564 words
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301 1988-05-26 20 CONTINUING Internal Security Department investigations into the financial affairs of Francis Seow show that the former solic-itor-general has debts totalling more than $1.2 million. Trade and Industry Minister Brigadier-General (Res) Lee Hsien Loong, describing "some suspicious patterns'" in Seow's financial affairs, said among Seow's debts was301 words
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Article49 1988-05-26 20 TWO NEW BILLS were introduced in Parliament yesterday. First Deputy Prime Minister Goh Chok Tong introduced the Parliamentary Elections (Amendment No 2) Bill, and National Development Minister S Dhanabalan introduced the Town Councils Bill. Both bills will be debated at the next available sitting of Parliament.49 words
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224 1988-05-26 20 Reuter, AFP THE Philippine economy grew at the yearly rate of 7.57 per cent in real terms in the first quarter, but per capita gross national product (QNP) remains below the 1983 figure, the government Statistics Office said yesterday. Meanwhile, President Corazon Aquino addressedReuter,; AFP - 224 words
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263 1988-05-26 20 AP AN OPPOSITION PARTY alleged yesterday that the family of former president Chun Doo-Hwan was implicated in new corruption scandals involving US companies. The New Democratic Republican Party, led by former Prime Minister Kim Jong-Pil, made the charges against Mr Chun's family inAP - 263 words
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171 1988-05-26 20 Reuter US COMMERCE Secretary William Verity has predicted that the US trade deficit would be cut more than 15 per cent this year, to below US$l5O billion. In a television interview on Tjesday, Mr Verity also urged that Congress, instead of requiring companiesReuter - 171 words
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108 1988-05-26 20 AP CZECHOSLOVAKIA Communist Party leader Milos Jakes said yesterday his country and China share problems of irrational prices and "unhealthy egalitarianism" as both seek to stimulate their economies. "On many points our work methods are very similar." Mr Jakes said in the Great HallAP - 108 words
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420 1988-05-26 20 Reuter AUSTRALIA'S Labor government has unveiled sweeping reforms aimed at revitalising the country's economy. Treasurer Paul Keating told Parliament in Canberra yesterday that his mini-budget aimed to increase the competitiveness of every sector of Australian industry, from agriculture to manufacturing industry. Company tax will beReuter - 420 words
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376 1988-05-26 20 Bernama THE KUALA LUMPUR High Court yesterday struck out a suit brought by former prime ministers Tunku Abdul Rahman and Tun Hussein Onn and former agriculture minister Datuk Abdul Manan Othman against Umno Baru president Datuk Seri Dr MahathirBernama - 376 words
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Article104 1988-05-26 20 Reuter COMEX gold futures lost more than US$6.OO on general liquidation following yesterday morning's setback in London on heavy selling at the first fix. June gold dropped US$6.6O to U*****.50 an ounce, the lowest since last Tuesday s U*****.20. Analysts said the London market was hitReuter - 104 words
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86 1988-05-26 20 AFP JAPAN should liberalise its agriculture to help ensure an open world market. US President Ronald Reagan said in an interview published in Manila yesterday. He said there was progress in opening up Japan's domestic market and in bilateral efforts to ease trade tensions, but "moreAFP - 86 words
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502 1988-05-26 20 AP PRESIDENT RONALD REAGAN embarks on his fourth superpower summit without a ratified treaty banning intermediaterange weapons, but is hoping it will be rushed to him in time for his talks next week with Soviet leader Mikhail Gorbachev. After delivering a farewell speechAP - 502 words
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394 1988-05-26 20 Lee Lee issue writ of summons against Devan LEE LEE, Prime Minister Lee Kuan Yew's lawyers, yesterday issued a writ of summons against former president Devan Nair after he failed to meet the 4pm deadline to apologise to Mr Lee. Lee Lee are demanding damages and interest from Mr Nair394 words
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121 1988-05-26 20 AFP JAPAN'S House of Councillors (Upper House) passed a JapanUS nuclear cooperation pact in Tokyo yesterday under which US nuclear fuel will be reprocessed in Europe and flown to Japan for use. officials said. The accord the Agreement for Cooperation Concerning Peaceful Uses of NuclearAFP - 121 words
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LATE FILE
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60 1988-05-26 20 AFP PHILIPPINE PRESIDENT Corazon Aquino yesterday laughed off a plan by the ruling coalition to draft her to run for a second six-year term in the 1992 election. House of Representatives Speaker Ramon Mitra said on Monday he would not run for president in 1992AFP - 60 words
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Article32 1988-05-26 20 AP THE Asian Development Bank yesterday announced it had approved a US$3lO,OOO technical assistance grant to Indonesia to finance Jakarta's first systematic inventory of natural resources. APAP - 32 words
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Article37 1988-05-26 20 UPI FORMER Philippine president Ferdinand Marcos was admitted to the intensive care unit of St Francis Medical Center in Honolulu on late Tuesday after complaining of chest pains, a hospital spokesman said. UPIUPI - 37 words
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Article45 1988-05-26 20 UPI THE Soviet Union yesterday gave the first figures of casualties 13,310 dead and 35,478 wounded suffered during its 814-year intervention in Afghanistan. Armed forces chief political commissar General Alexei Lizichev added that 311 men were reported missing in the war.UPI - 45 words
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Article65 1988-05-26 20 AP IN AN unusually critical editorial, an influential newspaper yesterday accused the US of meddling in South Korean affairs, but opposed calls for the expulsion of US troops. The Chosun llbo said South Koreans resent "US interference in domestic politics and economy in aAP - 65 words
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Article35 1988-05-26 20 Reuter THE African National Congress opened an office in Tokyo yesterday with a call to Japan's government and corporations to sever trade ties with the white-led South African government.Reuter - 35 words
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Article41 1988-05-26 20 AFP THE US and Japan were closer to agreement on liberalising US beef imports because of Washington's firmness and "serious concessions" by Japan, a US exporters group. Meat Export Federation, said in Tokyo yesterday. AFPAFP - 41 words
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Article42 1988-05-26 20 UPI US ARCHITECTS actively participated in bidding for the design phase of the US$B billion Kansai International Airport, which has been the focus of US efforts to open Japan's construction market, an airport spokesman said yesterday. UPIUPI - 42 words
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Page 20 Advertisements
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Advertisement120 1988-05-26 20 U-Drive Britf*; J4D from**** 4>\ ,T± m Vl> i Include Return iiirhirc /W lircaktiKt throughout i/ourshjy m' (ft cl It<««/.s ur on unlimited miU'mjf l.iits <</ <r hy-rj,<tjts ■WOODS anglo French travel 'IOO.t -1 sto humbtTs. Tel: 222 4222 VUIbLKILi Japanese Restaurant T W. f Choose from Kampachi's exquisite Japanese120 words
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Advertisement11 1988-05-26 20 Aussie economic strategy praised, Paga 5 MOVADO I he Museum Watch.11 words
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SHIPPING TIMES
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243 1988-05-26 21 THE THAI Communications Minister has ordered the Port Authority of Thailand to terminate the container crane service contract with Bangkok Cranage. The ultimatum was delivered after the PAT defied an earlier instruction issued on May 16. Mr Banharn Silpa-acha told the PAT243 words
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284 1988-05-26 21 IN ITS ONGOING fleet renewal programme, Pacific International Lines has entered into a deal with a Chinese yard to construct two container ships. The Singapore carrier recently concluded a "build and lease'' arrangement with Shanghai Zhonghua Shipbuilders. The 750-TEU vessels will be leased284 words
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107 1988-05-26 21 Reuter AN INTERNATIONAL consortium including three Japanese, one US and one Korean firm is expected to win a construction order from the Indian government's Oil and Natural Gas Commission, a Nippon Kokan spokesman said. The order worth about US$l5O million is forReuter - 107 words
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PORTSIDES
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91 1988-05-26 21 Reuter ICI AUSTRALIA Ltd said it has commissioned a liquefied petroleum gas (LPG) and ammonia carrier from Ishikawajima-Harima Heavy Industries Co Ltd. tCI said in a statement the 17,600 cubic metre refrigerated carrier would carry LPG feedstock from Westernport in Victoria and PortReuter - 91 words
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Article97 1988-05-26 21 Reuter THE ALL JAPAN Seamen's Union temporarily called off a 10-day-old strike by workers at J L Shipping Ltd over demands that its Japan Line parent withdraw dismissal notices sent to all J L Shipping workers, a union spokesman said. Stevedoring work on sixReuter - 97 words
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Article124 1988-05-26 21 Reuter SPANISH shipyard workers set a train ablaze near Bilbao on Tuesday after the Labour Ministry allowed state-owned shipyards to dismiss more than 3,000 staff, police said. Two carriages were destroyed, but no-one was injured. The state railway company said it was suspending traffic indefinitelyReuter - 124 words
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112 1988-05-26 21 UPI MITSUBISHI HEAVY industries reported yesterday that its net income for the year up till March 31 suffered a sizeable decrease from a year ago due to the sluggish shipbuilding and steel markets. One of Japan's major heavy machinery manufacturer said net income fell 30.4UPI - 112 words
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Article139 1988-05-26 21 AP INDONESIAN authorities have freed from jail 10 foreigners charged with violating the country's territorial waters, but a court official said Wednesday they were not allowed to leave the city until a court decides the case Authorities arrested six Americans, three Australians and a Briton onAP - 139 words
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Article163 1988-05-26 22 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines ACE (FAR EAST/EUROPE): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd163 words
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133 1988-05-26 22 Reuter THE SOUTH KOREAN Port of Pusan and the Port of New York became "sisters" on Tuesday. A proclamation was signed by Stephen Berger, executive director of the New York Port Authority, and Taek Huh, director general of the Pusan District Maritime andReuter - 133 words
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256 1988-05-26 22 Reuter FREIGHT RATES for shipments of steam coal are forecast to rise sharply during the rest of this century, Ocean Shipping Consultants Ltd said. The rise is likely to reflect an anticipated sharp increase in world seaborne movements of steam coal initiallyReuter - 256 words
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211 1988-05-26 22 Seatrade Week ISHIKAWAJIMA do Brasil has signed a US$2l9 million contract with ship operator Marimpex of Hamburg. West Germany to build three 260,000-dwt tankers. Part of the payment for the ships will be made with converted Brazilian international debt paper. The debt-for-exports swap includesSeatrade Week - 211 words
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Article787 1988-05-26 22 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrans VII 3 American Tpt II 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API III 2/3 Arrow lines IX 5 ASCI787 words
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352 1988-05-26 22 Reuter SOUTH KOREA is holding its lead as the country with the largest tonnage in its shipbuilding order book, Lloyds Register of Shipping said. In its latest quarterly shipbuilding return, Lloyds said South Korea's order book at end-March involved 6.10 million grossReuter - 352 words
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235 1988-05-26 22 NYT THE US CUSTOMS Service an<* Coast Guard have altered part oI their aggressive campaign against illegal drugs, a spokesman for the US Customs Service said. David Hoover said that under* new guidelines, the Coast Guardwould no longer seize Americanflag vessels inNYT - 235 words
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393 1988-05-26 23 Lloyd s List SWEDISH Stena Group is taking its passenger ship, hotels and fast food divisions to the Stockholm stock market in a bid to raise capital for a variety of investments. The listed company, to be called Stena Line and incorporatingLloyd s List - 393 words
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120 1988-05-26 23 Reuter BRITAIN'S National Union of Seamen (NUS) failed on Tuesday to regain control of its seized assets after the High Court ruled that its picketing of P and O Line channel ferries at Dover was unlawful. The union's assets worth £2.8 millionReuter - 120 words
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Article184 1988-05-26 23 Reuter THE DANISH Shipowners Association said it was essential for a future Danish government to carry through measures to aid shipping, including the establishment of an international shipping register. The last government proposed a package including a register and the easing of tax and other restrictions,Reuter - 184 words
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Article, Illustration102 1988-05-26 23 Router A BRITISH channel freight tarry swept by fir* that killed on* crewman and eerlously burnad another on Monday night waa towed into Dunkirk harbour late on Tueeday. Port officials aald the Soafrmlght ferry (above) had been towed by a tug on loan to theRouter - 102 words
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Article222 1988-05-26 23 ALL SURVEYS were conducted on May 3 Argentina Buenos Aires, Bahia Blanca Normal operation. Australia All ports Normal operation. Bangladesh Chittagong 20 vessels operating. Brazil Salvador and Santos Normal operation. Cameroon Douala Normal operation. Chile All ports Normal operation. China Dalian, Xingang, Huangpu Normal operation. Colombia All ports222 words
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251 1988-05-26 23 Fairplay THE PORT of Seattle has told one of its stevedoring clients, Seacon Terminals Inc, that it must shift terminals or move out of the port altogether if the firm cannot come up with another major steamship customer inFairplay - 251 words
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7714 1988-05-26 28 §®aBG)(!EB 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 of7,714 words
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Article106 1988-05-26 28 ITUS WttKiy r*poCT W prtpiftO Dy ftfllii rfirOlVUm otrYVCtl,. libofttoritc. More contprih#niivi tu#i QusJity intonnctipn poilio 10 ptTDCipinis m mi tnxti ruti quMviy vtviing pro- Area/Port vitcotny Density Water CSTatSOC G/ML at 15C Volume 0/0 Africa/Red Sea Jeddah 114/305 0.948/0.979 0.0/1.0 Durban 130/183 0.987/0.992 0.0/0.6 Arabian106 words
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Article1405 1988-05-26 29 AT CONVENTIONAL WHARVES I > B«rth Arrival Departure KEPPEL WHARVES Antfcos KI6 olongside 26 05/0600 Bongkok Novm US alongside 27 05,0600 Bonglo' Umu KI9 olongside 26 05,0200 DoulosP K20 alongside 26 *****0 Koto Beront K32 alongside *****600 Kola S*to'i K3I alongside 27 05,7300 Kiar Eitw KIS olongside1,405 words
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Article1182 1988-05-26 30 FREIGHT rates generally held fairly steady on Tuesday although market talk suggested the Esperos had been chartered for 52.000 long tons from the US Gulf to Japan at the lower level of US$22 basis no combination discharge ports, shipbrokers said. Some credibility was provided for this fixture when1,182 words
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Page 21 Advertisements
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Advertisement717 1988-05-26 21 *°V -0° >7 hi, TIMES IC0»i STP Distributors Tim** MMwif Croup OOCL Oiqent OvEKjas (Usiw Line \MI// JAROINE SHIPPING AGENCIES (Reg No. 242K4/ OOK) 200 Cantonment Road #12 05 Souttipoint. Singapore 0201 Tel *****11 TELEX NO RS ***** TERMINAL,CFS Tel *****18 220 BOOKINGS Tel *****34 235 PCSAKA JARDINE SHIPPING AGENCIES717 words
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Advertisement68 1988-05-26 21 FREIGHT RATES for shipments of steam coal are forecast to rise sharply during the rest of this century, Ocean Shipping Consultants Ltd said. Page II SWEDISH Stena Group is taking its passenger ship, hotels and fast food divisions to the Stockholm stock market in a bid to raise capital for68 words
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Advertisement861 1988-05-26 21 TESTISG FACILITIES AVAILABLE MTERMARINE SUPPLY 00. (PTE) LTD. Tarawa unei) iut mcco rs ms fa* wsmr MAERSK LINE MAERSK LINE FIRST CARRIER TO RUN DOURLE-STACK TRAIN TO CANADA SIN/TORONTO: 23 DAYS!* To Europe UK Scandinavia Finland AXEL M M TOKYO LUNA M ARTHUR M ANNA M M TACOMA 28/6 »6861 words
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Page 22 Advertisements
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Advertisement651 1988-05-26 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP LARGS BAY HONG KONG EXPRESS CARDIGAN BAY RHINE MARU TOKIO EXPRESS FRANKFURT EXPRESS HAMBURG EXPRESS ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST, DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM, CARIBBEAN S. AMERICA CONTAINER SERVICE651 words
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Advertisement19 1988-05-26 22 Lines and services represented by /-SfIMWT. Members of the Registry of Accredited Shipping Agents. Singapore National Vj&SZffc) Shipping Association.19 words
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Advertisement482 1988-05-26 22 AmTVansAMERICAN TRANSPORT LINES, INC. ACCEPTING CARGO TO A TLA* TA, SAVANNAH. BALTIMORE. NAM. TAMPA. OTHER U.S. EAST COAST PORTS ON REQUEST ALSO ACCEPTING CARGO TO CENTRAL/SOUTH AMERICA CRISTOBAL. PUERTO CABELLO. SANTOS, RIO GRANDE. PARANAGUA. RK> DE JANEIRO. BUENOS AIRES. OTHER PORTS ON REQUEST. TO CARIBBEAN: BUENOS AIRES. OTHER PORTS ON482 words
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Page 23 Advertisements
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Advertisement978 1988-05-26 23 The Straits Steamship Group m Mansfield Container Shipping Re Ltd \y P&O Containers STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK CONTAINERS** SERVICE TO UK/CONTMENT: LIVERPOOL MY LAMS MY NOW KONG EXPRESS CAROMAN MY RHINE MARU TOKIO EXPRESS FRANKFURT EXPRESS LA SEINE HAWURG EXPRESS978 words
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Advertisement707 1988-05-26 23 EUROPE Wf 113 25.00 nr.; m i USA/PANAMA SOM7W||"™», LINE G*n«f»l Agvnt: rrm VESSEL JtfU SEN 1104 15.04 IM4 WA Nt 127.04 30.04 01.06 DHTCN SEN |WA 010 11.06 1405 10.06 WA 011 124.05 27.06 20J5 02.05 10.06 IIJO 30 J6 125.06 12J0 Ui [•2 L*2 EUROPE wr in v.k707 words
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Page 24 Advertisements
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Advertisement451 1988-05-26 24 HXSINOSE m MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE PNG/8. PACIFIC SERVICE Singapore Loading for: A VESSEL 15/6 LAE, PUB, RBL, HRA MICRONESIA SERVICE t HK LOAD FOR OCEANIA EXPRESS V-15 15/6 GUAM, SAIPAN YOKO ASIAN LILY V-42 29/6 YAP KOROR TRUK PONAPE, MAJURO un SUN451 words
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Advertisement477 1988-05-26 24 MCS.LINE ixtrrmt cm*t*A n— FULLY CONTAINERISED SERVICE TO FUROPf VIA SUCZ Mrmbff ot the *cr Comorlrim H<llY CONIfIINf P;SID 10 FROM NORTH fIWRIC# ASS' COASi CONVtNTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S PORE LOADING FOR HAISBON 20/6 DUBAI, DAMMAM GEN AGENTS CROWN MARINE CO (PTE) LTO TEL: ***** M477 words
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Advertisement332 1988-05-26 24 k freight links express PTE LTD DIRECT SERVICE TO lAV ft MADRAS: eta 5/6 FOR: PORTO. LISBON, ORAN, BILBAO MADRID, MALAGA, MEULLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER ft ISTANBUL USA. PORT MORESBY, RABUAL, LAE ft MADANG NOUMEA 29/6 FREMANTLE 11/6 SYDNEY MELBOURNE AUCKLAND, WELLINGTON, LYTTLETON, DUNEDIN ft332 words
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Advertisement1243 1988-05-26 24 a ■Mni UAbmu EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SCPNKCKSCKLCPUSOSKTYOKSNCNS EVER GAINING 27*3U5 1* MMl*U*2/75ff EVER GUEST 3* lit U IK 1H 1M 1M *7 120 ever cnoup 17* nn 22* nn an ip *pap EVER GIVEN M M 1/7 4/7 1/7 11/7 S/J EVE* GROWTH IP 5/71,243 words
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Page 25 Advertisements
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Advertisement760 1988-05-26 25 PACIFIC INTERNATIONAL LINES \V\ PIL Building. 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE BANGKOK CONTAINER SERVICE MAJAPAHfT BEL A WAN/STRAITS CONTAINER SERVICE vov VESSEL INTEGRA SEA FORTUNE SIN PEN BLW PKL S4N Sid Sid 27/5 2S/S 29/5 31/5 1/9760 words
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Advertisement386 1988-05-26 25 \r% BEN LINE "A CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA, FIJI AND NEW ZEALAND FROM NEW ZEALAND Orient Pacific Services EXPRESS SAILINGS TO PAPUA NEW GUINEA CEDHUS VOV 17 SIN 16-18/6 PORT MORESBY 28/6 ACCEPTING Fa ANO LCL MADANG. WEWAK, KIETA, RABAUL. KIMBE. KAVIENG, 000 BAY. HONIARA.386 words
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Advertisement463 1988-05-26 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 CONTAINERSHIP SERVICES ■MUM VSL/VOY PALEMBANG/9WB MATARAM/21WB BILBAO ANTWERP H'BURG/ ROAM/ADAM BREMEN 10/7 13/7 W 11* |§ct to Inductvntfit Also tcctpdoQ ctfjo to Ctttbitnct, Poet 1 ..J, Port Alexandria, Ganoa, TriaaOa.463 words
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Advertisement370 1988-05-26 25 BOUSTEAD SHIPPING AGENCIES MYOMAYWA VllO PAGAN VUI PA-AN VI2SW BURMA FIVE STAR SHIPPIWB CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok a m*/i j«" 31 Mvy/2 Jun V* Jut 1# Jun BANK LINE SEMI-CONTAINER SFBVIP.P MORAYBANK VSN CLYDEBANK V23N TAMAITAI SAMOA VI3N SPORE RDAM HULL HMBG370 words
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Page 26 Advertisements
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Advertisement1056 1988-05-26 26 KAWASAKI KISEN KAISHA, LTD. K'lini N. AMERICA-ATLANTIC COAST AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR N. AMERICA PACIFIC SOUTH-WEST •PK/PNG SGP VOY LA/LB MOTHER VESSEL MANHATTAN BRIDGE HENRY HUDSON BRIDGE MACKINAC BRIDGE BROOKLYN BRIDGE N. AMERICA PACIFIC NORTH-WEST FEEDER VESSEL YS. PROSPERITY ACE CONCORD ORIENTAL CHIEF NEPTUNE DIAMOND VOY1,056 words
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Advertisement621 1988-05-26 26 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* INDIAN COURIER V JON AGIOS ANDREAS V.C-1 ORIENT SUCCESS V 101 S O NAGAIAND VMM TIGER BAY V.37 INDIAN COURIER V.3IN ORIENT SUCCESS V 10 V NANDINI V S2H TIGER MY V S ARUNACHAL PRADESH V 43H INDIAN COURIER V 32N TIGER BAY621 words
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Advertisement632 1988-05-26 26 CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE'S REPUBLIC OF QHINA unc ivwYumgwAi wavm P KdanfP«nan| llmnlw DtrtiwO—TAOJIANG a/S Ronertom/Antwerp ukc ruu. cow Awn —gag P*l| Pen Sport ft dam H burg Til A'* SHA He 24'S ft/5 a/5 1« 21H 22H 2M yin he m n/s i/i 4* n* an632 words
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Advertisement466 1988-05-26 26 PHIU Oni€NT LIN(S PT€ LTD HEAD OFFICE 63 ROIINSON ROAO -0? 1? FRO ASIA BUtIOING SNGAF-ORE C>C6 TEIFX RS ?87?0 PH'LI FA* I'B ETA SINGAPORE I DESTINATION 21 5 30 I! M'■ II M rti N. .M'I.K NEW GENLORD I 31/5 EAST .:-.1-B. 3d LATTAKIA. BENGHAZI. ALGJER. TRIPOLI, ALEXANDRIA PORT466 words
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Page 27 Advertisements
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Advertisement824 1988-05-26 27 NOL NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD. EU/AUST TPA/SEA Q*n*ral Enquki«s: T«l: 271H77 L T anrinal CFS BOOKINGS: 27K753 ***** C m*n H2USJ 2718U9 ***** m wrirr FULLY HONGKONG CONTAINER 55W KOREAN JACEWON OH KOREAN JACEJIN ¥M—QUEEN'S WAY MIOGE SS MiOGE Mi K CHANCE V*. Scaninavu HK CONTAINER824 words
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Advertisement384 1988-05-26 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON STRAITS/KOREA WEF JUNE BUSAN SINGAPORE 10 DAYS SERVICE 111 CALLING IMC HON DIRECTLY ON 1506 S PORf AGENTS NEPTUNE AGENCIES PTE ITO Tel ??***** .'*****W501&1 *****10 (Opotrons) *****87 (Termmji) *****50 *****04 (CES) MALAYSIA AGENTS TUNAS SETIA384 words
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Advertisement727 1988-05-26 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 P KELANC MESSRS MAI THONG SHIPPING 127 P*wn| Street. Pwang. Malay*! M/S HANDLING SYSTEM CO SON727 words
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Page 28 Advertisements
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Advertisement320 1988-05-26 28 /t SINGAPORE SHIPPING jjKT CORPORATION (PTE.) LTD. TEL 225 6868 .30 Lines' FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAO VE.B DEUTF RACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE TO EUROPE RUHUNO m I 1/6 1— 17/6 WILHELM PIECK 4/Mill/6 82/6 4/7 RUEBELANO SM 89/6320 words
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Page 28 Miscellaneous
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Miscellaneous132 1988-05-26 28 n r* I m I V <y<* m m ;r >1 m i <k BK2NIFICAMT WEATHER AND SEA CONDITIONS AT 7JOAJML May 2C, IMt R Thunderstorm Tnnpcraturr *C Shown- Weather s-/ *W Artetioo with n haou W.«h«h. Cloudy Shy he l BufM* «Wi are WktM hy wrm wWeh Oy with132 words
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Page 29 Advertisements
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Advertisement420 1988-05-26 29 FARGO SHIPPING COMPANY(PTE)LTD. No 15 Hoe Chiang Road £*13-02 Sanford Building. Singapore 0208 Tel: *****22 Tlx ***** FASCO ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND w Elian Mu*( 201 Brutal HQ 2M 1/7 I 7/7 a/7 u Alto accepting cargo to:AUSTRALIA —Adelaide, Brisbane NEW ZEALAND —Wellington. Napier. Christchurch. TO USA/CANADA vs.420 words
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Advertisement248 1988-05-26 29 Tel *****66 (16 Lines) Fax *****15 .ATJ). FIXED TWICE WEEKLY CONSOL mm iSiIH CALCUTTA, FELIXSTOWE, HAMBURG, BOMBAY, SYDNEY, MELB„ KARACHI, CHITTAGONG, LEGHORN, JAKARTA, NAGOYA, GOTHERBURG. ALL EUROPE BASE PORTS ALL USA PORTS Also accepts to other destinations. ACCEPTING FCL/LCL AND CONVENTIONAL: MV Tobofli Nest Voy 307 Voy 309 MV Tobona248 words
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Advertisement794 1988-05-26 29 TRANS TRADING AGECY PTE. LTD. [E IRAQI LINE t**o l S*»n 'R T I«MiSf <0« AR/TIRM TMBSW WEST BOUND SERVICE ETA S PORE LOADING FOR IN RORO AL-ZAHRAA SM IMMWI. )mtt mi RORO BALQEES In Pod HofexUh J«tt MV BABYLON 20* HodexUh j«to THROUGH B/U to BAGHDAD UPON REQUEST ALSO794 words
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Page 30 Advertisements
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Advertisement310 1988-05-26 30 UL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX HS ***** RS ***** 1 I \S I I K \K I I\ 1 K III) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! Moji •Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN310 words
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Advertisement368 1988-05-26 30 CGM^ FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST CO* AND FRENCH For Gulf: Halifax, Montreal. Toronto, Mow York, Baltimore. PortMmrth. Norfolk. Savannah. AJto serving GULF Miami, Mexico City/FRENCH Wind* Cannot Mobile, Now Orleans, Houston/Mexico Vara Cruz, i Port Do Franco, Pomtre A. Pitro, Do(rad 0. COLUMBUS LINE368 words
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Advertisement170 1988-05-26 30 ULTIMATE FREIGHT SERVICES PTE LTD T«fc *****11 The ***** Fax: 224M32 WNkty La AUSTRALIA LCL acctpiinct to all ports NZ aH ports HK mcldf China BANGKOK inddf Laos a EUROPE alt Major ports a USA Saattta, Portland, LA, Sfo major ports CANADA Edmonton, Calgary, lIP* Wilv, Montreal, Ottawa ES WEEKLY170 words
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Advertisement699 1988-05-26 30 /M wmm* CALL US AT: _±Kl, P. KELANG if TL 1 PENANG J. BAHRU P. GUDANG I SINGAPORE vmmmm k. Lumpur 04-*****2/4, *****3 •07-*****8 •07-*****3, *****5, *****0, *****1 102-*****22 *****11 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER ■J \mv:A lA'lin.i'V SINGAPORE I LEHARVE ■iIBJ ft aUTANG 4SI TOTOMA OTHER699 words
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