The Business Times, 5 August 1988

Microfilm: NL16233
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, AUGUST 5. 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    253 1 AFP Dow lower WALL STREET stocks turned lower in early trading yesterday after giving up a broad early gain. Blue chips took a sudden fall which some brokers said appeared to be due to futures related selling. The Dow was off seven points at 2127 after rising
    AFP  -  253 words
  • Article, Illustration
    Trading volume hits year's high as shares ease
    216 1 PROFIT-TAKING sent share prices lower on the Singapore stock market yesterday in the most active trading session recorded this year Early bargain-hunting cooled off as investors started to take profits after the recent gains seen in marine and banking issues. Brokers said
    216 words
  • Article
    US dollar finishes lower against mark in Tokyo
    128 1 THE US DOLLAR closed easier against the West German mark in Tokyo yesterday. banks in Singapore sold dollars for marks in both the Tokyo and Singapore markets, dealers said. But trading in Tokyo was generally quiet as many dealers and customers were
    128 words
  • Article
    Lock icon King formally names Chatichai as new Thai prime minister
    484 1 UPI AFP KING BHUMIBOL Adulyadej yesterday formally approved the appointment of a millionaire businessman, retired Major-Gen-eral Chatichai Choonhavan, as Thailand's first elected prime minister in 12 years. Mr Chatichai, 66, clad in a white, beribboned uniform, toasted the announcement with champagne,
    UPI; AFP  -  484 words
  • Article
    Shipping accord spares owners from paying taxes to US
    492 1  -  By LINDA CHEE SHIPOWNERS have been spared the onerous payment of millions of dollars in taxes to Uncle Sam following a limited agreement between the United States and Singapore. The waiving of taxes that were to be imposed following the introduction
    492 words
  • Article
    NOL's burden lightened
    140 1 THE EXCHANGE of diplomatic notes on US-Singa-pore shipping will save publicly-listed Neptune Orient Lines (NOL) at least $2 million to $3 million a year on US taxes. Sources said a wider interpretation of the complicated American tax laws could have chalked up a tax bill of as
    140 words
  • Article
    HONG FOK: Hopes dashed LUM CHANG: HK$300m bid
    133 1 TWO SINGAPORE companies are now making news on Hongkong's corporate scene. First, there is property-based Hong Fok, which created a stir early last month when it announced the sale of its last piece of Hongkong property. Hong Fok's share prices in both
    133 words
  • Article
    Lock icon Toyota in Manila
    77 1 AP TOYOTA Motor Corp has set up a joint venture in the Philippines that will produce 6,000 passenger cars a year by 1990. A Toyota official said yesterday the Toyota Motor Philippines Corp had been created in Manila. It is capitalised at US$9.B million and is 60
    AP  -  77 words
  • Article
    Better business means higher pay increases
    560 1  -  Few companies sticking to 2pc service increment By FOO CHOY PENG THE LATEST wage settlements suggest that employers boasting good growth will have no choice but to give workers higher pay increases than was previously agreed An analysis of 105 wage agreements compiled by
    560 words
  • Article
    Distribution of wage increases (Based on 105 wage pacts reported to NTUC)
    131 1 Increase in Total wage ggH basic wage* (No. of cases) increase! (No. of cases) 0 1.9 1 1 2 2.9 20 15 3 3.9 15 13 4 4.9 16 13 5 5.9 11 14 6 6.9 9 13
    131 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      159 1 iHEF ADVANCED BATTERIES for commercial, industrial military applications Full report, PAGE 14 Regional Mkts, PAGE 16 World Mkts, PAGE 17 FOREIGN CURRENCY INVESTMENT MACE EASIER. FOR YOU minimum L*_U ow you need only S$ 10,000 to invest in foreign currency at Citibank. And get an opportunity to earn high rates
      159 words
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      Page 1 Advertisements Column 2
      289 1 Working on the railroad COLIN CRAY has been working on railroads for 40 years. The last five years of this long career were spent in Singapore, as operations manager of the MRT. Turn to PAGE 10 to find out why this railway man considers his MRT stint "an experience of
      289 words
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      Page 1 Advertisements Column 3
      57 1 •iVniliUTE^'* 8 Vitalis SUPER CONTROL For hair that keeps its style all day, get hold of Vitalis Super Control. With protein formulation to nourish hair and give it a fuller, thicker look. It's the extra control stubborn hair needs. Super Contro PROTEIN NOURISHES r jROOM r H Trademark Authorised User:
      57 words
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  • HOME NEWS
    • Article
      Toshiba may produce DAT recorders here next year
      568 2  -  Sanyo planning similar move By ANDREW RAJKUMAR DIGITAL AUDIO TAPE recorders, the latest sensation in audio equipment, may soon be manufactured in Singapore. Toshiba Singapore's director and general manager Takenori Ishii told BT it is "very possible'' his company would produce DAT
      568 words
    • Article
      Technology easing shift of manufacturing plants, says expert
      352 2 THE MOVEMENT of manufacturing plants from the more advanced countries to those boasting cost advantages will be carried out more smoothly than in the 1960s and 1970s because of new technology. This was the view of Mr Robert lau, chairman of the
      352 words
    • Article
      S'pore industrial design advances faster than Japan, says don
      412 2 A VISITING Japanese industrial design expert has predicted that in five to seven years Singapore can attain a sophistication that took Japan 30 years. Professor Takuo Hirano, managing director of Hirano Design Planning Company Ltd and professor cum director of Tama
      412 words
    • Article
      Some tips for would-be entrepreneurs
      162 2 A PANEL of four speakers will spell out the "do's and don'ts" of venturing into and developing a successful business to would-be entrepreneurs at a seminar tomorrow. Organised by Singapore Jaycees and sponsored by Singapore Business, the seminar will be held at the Glass Hotel
      162 words
    • Article
      Seminar on research and technology transfer
      118 2 A SEMINAR on technology transfer and research activities will be held at the end of this month. Organised by the Science Council of Singapore and the Faculty of Business Administration of the NUS, it will examine why and how research as well as technology
      118 words
    • Article
      Mobil starts talks with dealers' group over complaints
      320 2  -  By PAUL GOPAL MOBIL has started talks with its dealers' association on complaints by dealers that their profit margins have been squeezed since the introduction of Fleet Card sales A Mobil spokesman said the company was "in communication with our dealers but
      320 words
    • Article, Illustration
      Medical progress can influence policies: Goh
      412 2  -  By WILLIAM CHIA THE GOVERNMENT is concerned at the rate at which medical doctors are opting to become specialists, said First Deputy Prime Minister Goh Chok Tong. The rapid progress of medical science over the last two decades has major implications for government policies,
      412 words
    • Article
      Legal implications of Aids
      247 2 EMPLOYERS have the right to ask a prospective candidate to undergo tests for Aids, refuse to employ an Aids-infected person or fire such a person, says Tommy Koh, Singapore's ambassador to the US. Mr Koh. a former dean of the law faculty at the then Singapore
      247 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      319 2 JEFFREY B BROWN has been appointed chairman and managing director of Exxon Chemical Singapore Pte Ltd and a director of Exxon Chemical SIMCO Pte Ltd. He has also become operations manager. Asia-Pacific, for Exxon Chemical's Paramins additives group. Mr Brown, who takes over from Mr Peter G
      319 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      43 2 unni THE SALE OF THE SEASON STARTS TOMORROW Jackets Trousers Shirts Belts Ties Leather and other fine Dunhill Merchandise Hilton International Hotel Centrepoint Metro (,rand (Lucky Plaza) Daimaru (Liang Court) Isetan (Havelock) New Isetan Orchard (Wisma Atria) C K Tang Lokvu (Marina Square)
      43 words
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      Page 2 Advertisements Column 2
      65 2 WORLDWIDE EXPRESS 0 Prompt pick-up and delivery 24 hours a day NOW IS THE TIME TO INVEST IN THE PHILIPPINES MEET GOVERNMENT AND BUSINESS LEADERS AT THE PHILIPPINES INVESTOR'S FORUM Manila, 7th-10th November, 1988 at the Philippines Trade Training Centre For further details contact: Board of Investments, Makati, Metro Manila,
      65 words
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Do you have problems transferring data between computers?
      824 3 f i Qtaaaaai JT TRANSFERRING DATA between computers can be the simplest of tasks. Or the most difficult. After all, how difficult can it be to take a floppy diskette with the data on it. put it into the disk drive and
      JT  -  824 words
    • Article
      Lock icon Like to go for this reward?
      352 3 UPI A TAIWANESE computer manufacturer has offered a US$l.3 million reward for the first computer program that can beat a human master of the Asian game "Go" or Wei Qi. The prize is being dangled before about 200 Go enthusiasts who gathered for the
      UPI  -  352 words
    • Article
      Lock icon IBM introduces 10 new mainframe models
      171 3 TECH-TAKES Reuter INTERNATIONAL Business Machines Corp has launched 10 new mainframe computer models, including what it calls the most powerful general purpose computer in the industry. In a rare reference to competitors. IBM officials say the new mainframes would help the company counter moves
      Reuter  -  171 words
    • Article
      Carry your phone with you
      70 3 MITSUBISHI Electric Corp has developed a portable telephone weighing less than 500gm (or sale to foreign telecommunications firms. A company spokesman said the phones use ultra large scale integrated circuits. The new phones are based on AMPS (advanced mobile phone systems) and TACS (total access
      70 words
    • Article
      CAD-CAM in vogue
      390 3  -  Private sector beginning to buy systems By JEFFREY TSANG THE CLOUD that the recent recession put on Singapore's purchases of computers for design and manufacture appears to be lifting in the face of a strongly growing economy Far East Computers (FEC), agents for Apollo Computer, said that
      390 words
    • Article
      Lock icon Drug companies not ready to abandon 'blind luck' technique
      699 3 NYT AS EXCITEMENT grows about the use of computers to design pharmaceuticals, drug companies are still not ready to abandon random sampling techniques crudely billed as "spray and pray" in their search for potential new drugs. While the field of computerdesigned
      NYT  -  699 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      94 3 Ml fA\ Mr /y Investments FOR SALE BY TENDER c(ewer 70 Anson Road 28 Storey office building SINGAPORE Areas available for enbloc sale are 20 levels of strata office space totalling 8,390.93 sm (90,320 sf) and 134 carparking lots. Within 2 minutes walking distance of the lanjong Ragar MRT Station.
      94 words
    • Advertisement
      Page 3 Advertisements Column 2
      278 3 proFAX Facsimile System For Your PC 9600 bps OFFICIAL LAUNCH At National Computer Board Audttorium sth August 1988 itmm. rm W -4M <| m»«t J lC t A H n£| MS —-J»V? 1 C f "J I >; <B«1 ■tiwcW v *7» >•* v" s vS w •w w 1310
      278 words
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  • ASIA – PACIFIC
    • Article
      Lock icon China holds meeting on peasants' complaints
      427 4 UPI CHINA'S powerful Politburo continued to wrangle with problems in agricultural production yesterday. a week after senior leaders threw up their hands in frustration at a crucial summer summit over disagreements on the future of economic reforms. Chinese sources said the unpublicised meeting would
      UPI  -  427 words
    • Article
      Lock icon Taipei okays list of indirect imports from China
      203 4 Reuter TAIWAN'S economic minister yesterday approved a proposaj aimed at liberalising indirect import of industrial goods and raw materials from China. The economic ministry in Taipei said Chen Li-an approved a proposed list of 20 ■items, among them coal, cotton, steel, wood
      Reuter  -  203 words
    • Article
      Lock icon Outcry forces high-price store to close
      279 4 Reuter A STATE-APPROVED shop in Nanjing selling scarce goods at high prices has closed because it angered people who could not afford to shop there, the Beijing Financial Times said on Wednesday. The "special-price" store opened on May 15, on a prime site in
      Reuter  -  279 words
    • Article, Illustration
      Lock icon Hawke asks for Constitution's return
      262 4 AP PRIME MINISTER Bob Hawke of Australia on Wednesday asked his British counterpart. Mrs Margaret Thatcher, if she could help get Australia's Constitution back. Most Australians didn't even know Britain had it. Official sources said Mr Hawke asked Mrs Thatcher to help return the only
      AP  -  262 words
    • Article
      Lock icon Demonstrations in Rangoon in spite of martial law
      183 4 AP DESPITE the imposition of martial law in Burma, about 2,000 people demonstrated yesterday in Rangoon and military units were seen on the streets of the Burmese capital. Western diplomats, reached by telephone in Rangoon, said there were reports of shots being
      AP  -  183 words
    • Article
      Lock icon Ex-chairman of powerful Keidanren dies
      173 4 AFP TOSHIWO DOKO, former chairman of Japan's most powerful economic organisation, Keidanren. died of old age at a Tokyo hospital yesterday, his family said. He was 91. Mr Doko, a graduate of the state-run Tokyo Institute of Technology, built up a solid reputation as a
      AFP  -  173 words
    • Article
      Lock icon 'Mrs Aquino favours referendum on bases'
      499 4 UPI PRESIDENT Corazon Aquino has indicated she favours calling a referendum to decide the future of US military bases in the Philippines. Press Secretary Teodoro Benigno told reporters on Wednesday the polling could be held after the current review of administrative and financial arrangements
      UPI  -  499 words
    • Article
      Lock icon US-Kuwaiti arms deal all set to take off
      231 4 Reuter THE REAGAN administration has reached an accord with Congress that clears the way for a US$l.9 billion arms sale to Kuwait. Under the agreement, delivery of 40 F-18 warplanes and Maverick missiles will be stretched out and Kuwait will return its
      Reuter  -  231 words
    • Article
      Lock icon Seoul panel urges exit ban on ex-president
      146 4 AP AN OPPOSITION-CON-TROLLED parliamentary investigative committee has passed a resolution urging the South Korean government to ban former president Chun Doo-Hwan and 15 members of his family from leaving the country for alleged involvement in corruption, officials said yesterday The non-binding resolution, passed
      AP  -  146 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1027 4 ARRIVALS Operator Service Local From number time S1A SQ11 0040 LAX/NRT UAL UA805 0045 SFO/HKG GIA GA1107 0145 UPG MAS MH7240 0210 KCH JAl JL61S 0240 TYO GIA GA7308 0355 SUB MAS MH640 0820 KUL SiA SQ43 0835 DHA MAS MH65I 0910 PEN KAL KE697 0910 SEL/MNL
      1,027 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      139 4 9 V 1 z 7 From the Jiillsidc farms of the Matterhorn and the Lakes of Geneva, the Belvedere conies alive this month with traditional fare from Switzerland. Choose from a mouth-watering selection of cold and hot dishes Jellied trout, Sauerkraut swiss style, Rindsroelichen, Fondue neuchateloise and other excit ing
      139 words
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      Page 4 Advertisements Column 2
      36 4 man The buunc&s person's choice every Tuesday, Thursday, Saturday ond Sunday. Leaving Chongi Airport at 22 05 hours ond arriving Heathrow earty the tolowmg morning Co# your Trove! Agent or Air Conoda at *****55. AIR CANADA
      36 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      406 5 DBS VISA Premier Some credit cards offer only a credit limit without overdraft. Others provide And you'll find that being a DBS Premier cardholder entides you to many other bonus plans but not insurance on expenditures. Now there is a gold card that combines all the privileges. There's no entrance
      406 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Senate passes trade bill by wide margin
      679 6 Bill merits my approval, says Reagan UPI THE SENATE approved by an overwhelming margin and sent to the White House on Wednesday a historic bill to make America a leader in world trade by opening foreign markets to US exports and stopping abuses
      UPI  -  679 words
    • Article, Illustration
      Lock icon Bill may hurt relations, Japan warns
      376 6 AP JAPANESE officials yesterday called the US Senate's passage of a major trade bill containing sanctions against Japan "extremely regrettable", and warned it could harm relations between the two nations. Japan's Trade Minister, Hajime Tamura, also cautioned that Japan would monitor implementation of the
      AP  -  376 words
    • Article
      Lock icon Shultz hints of more economic aid to Argentina
      136 6 Reuter US SECRETARY of State George Shultz's two-day trip to Argentina has raised hopes of more US economic help and military cooperation with the debt-strapped country. After meeting President Raul Alfonsin and other top leaders, Mr Shultz hinted that Washington would help
      Reuter  -  136 words
    • Article
      Lock icon EC not a grocer's shop, minister tells Thatcher
      368 6 Reuter BRITISH Prime Minister Margaret Thatcher should stop looking at the European Community as one big grocer's shop, French European Affairs Minister Edith Cresson said on Wednesday. Removal of customs and trade barriers within the 12nation group was not the European Community's
      Reuter  -  368 words
    • Article
      Lock icon South African metalworkers go on major pay strike
      222 6 AFP AT LEAST 10,000 South African metalworkers have launched a major strike after last month's pay talks between employers and unions ended in deadlock. Brian Angus, a spokesman for the Steel and Engineering Industries Federation (Seifsa) representing employers, said the strike which
      AFP  -  222 words
    • Article
      Lock icon US lawmakers begin final debate on drought bill
      263 6 Reuter FARM-STATE lawmakers in the US have begun to iron out differences in multi-billion-dollar drought aid packages approved last week by Congress. A proposed milk price increase and assistance to livestock producers and fuel-alcohol refiners loomed as key unresolved issues in the
      Reuter  -  263 words
    • Article
      Lock icon Reagan heading for showdown with Congress
      176 6 Reuter PRESIDENT REAGAN's defence Bill veto has set the stage for a confrontation with Democrats in Congress over the direction of US defence policy and handed Mr George Bush a potent campaign weapon. Mr Reagan, who announced his decision to veto the U*****.5 billion
      Reuter  -  176 words
    • Article
      Lock icon Jobless rate among Americans expected to inch up
      344 6 Reuter NEW UNEMPLOYMENT figures are expected to show a slight increase in the jobless rate among Americans, but economists say other parts of the data will signal an economy growing at a robust rate. The Labour Department will issue its July employment
      Reuter  -  344 words
    • Article
      Lock icon Russians open Black Sea fleet HQ to US official
      390 6 Reuter THE SOVIET UNION opened up the headquarters of its Black Sea fleet on Wednesday for US Defence Secretary Frank Carlucci after giving him a sea voyage through some of its most sensitive waters. Arriving in the naval base of Sevastopol,
      Reuter  -  390 words
    • Article
      Lock icon Iran links release of material to US hostages in Lebanon
      492 6 AP THE UNITED STATES is holding billions of dollars worth of impounded Iranian military equipment. and Iran has raised the issue in connection with American hostages in Lebanon. Statements last week by Iran's acting commander-in-chief, Hashemi Rafsanjani, marked the third
      AP  -  492 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      90 6 GRAND CARPET AUCTION by Edmund and Shukor 100 selected pieces from Persia, Afghanistan and Pakistan including interesting tribal pieces. All lots are guaranteed and backed by a full trade-in value at our showroom Auctioneer* Cheong toon Seng iCKSi Auctioneers Or Valuers Pie Ltd Sunday, Aug 7, 1988 Grand Ballroom Milton
      90 words
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      Page 6 Advertisements Column 2
      74 6 Coffee at ITCCl T CC Fountain Cafe. (.nioin up at Saloon de Yamano. Lunch at Tung Lok Shark's Fin. (>rah a novel at Hooks Kinokuniva. Shop at Daimaru Dept Store and Siifx»niiart. Work out at Riverside I itness Centre. Dine at The New Otani TVader Vic's Imyind at your apartniciit
      74 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      47 6 Doonesbury 5 >5! 1 (■■A fll NO! I'M ALUFUL! PREGNANCY IS AWFUL! BY GARRY TRUDEAU I PONT KNOW IF I WANT TO GO THROUGH UJfTH IT ANYMORE, MOM! Pi V /V 0( HAVING IT ON CABLE. I FEEL SO UGLY. WITH...WITH HAVING THB 111 I I I
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      157 6 Rohfotn Bangkok Sofbodot &eirvt ftelgrode Berlin Bermuda ro 15/10 Showers 20/11 Gear 37/26 Cltar 39/31 Ont 31/25 Oowdy 27/23 Ooudy 28/23 Rain 26/15 Sunny 33/19 Cleor 20/13 Rain 30/27 Cloudy 23/08 Ooudy 23/12 Fine 22/09 CI«or 29/19 Clear 16/04 Clear 36/23 Gear 19/08 Cloudy 16/01 Fin* 27/18 Cloudy 38/26 Clear
      157 words
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  • COMMODITIES
    • Article
      KL Tin
      109 7 THE PRICE OF TIN on Mm KLTM clOMd another cent higher yesterday at M 519.21 a kg, still holding at 30-month highs. Turnover fell to 74 tonnes from 101 on Wednesday with miners moving to the sidelines after the recent heavy sales. The firmness reflected higher European prices
      109 words
    • Article
      Precious Metals
      267 7 HONGKONG: The metal closed slightly higher yesterday on lacklustre trading in the absence of fresh incentives. Bullion ended at U*****.70/434.20 an ounce against the U*****.40/90 open and New York's U*****.25/75 close. On the local market, gold rose HK$l6 to end at HK54,047 a tael. Coins were generally higher,
      267 words
    • Article
      RAS and MRELB
      280 7 RAS prices In S c*nts/kg, FOB in bal*s NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 259.00 260.00N 257.50 258.50N bit 1 RSS S*p 88 258.50 259.50N 257.50 258.50N bit 1 RSS Oct 260.00 261.00N 259.00 260.00N bit 2 RSS OP 255.50 257JON 254.50 256.50N
      280 words
    • Article
      SSR and SMR
      79 7 (cant*/kg) SEPTEMBER 1988 OCTOBER 1988 (current month) (forward month) n A 4% NOON NOON HAS Buyers S*U*ri Bvy*rs S*4l*rs SSR 20 223.00 225.00N 223.00 225.00N SSR 50 222.00 224.00N 222.00 224.00N MRELB Bvy*r» Salkrj Ivytn S*U«r» SMR CV 457.00 459.00N 459.00 461.00N SMR I 457.00 459.00N 459.00
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    • Article
      Rubber
      146 7 SINGAPORE Prices closed sharply lower yesterday with September RSS One buyers quoted at 257.50 cents a kg, down 6.5 cents from Wednesday's close. On the TSR-20 market, prices were also marked down sharply. MALAYSIA Absence of consumers' interest prompted continued persistent speculative selling to weaken the market at yesterday's
      146 words
    • Article
      Oil and Products
      113 7 THE RESULTLESS END of the Opec price committee meeting sent prices into a tailspin yesterday. The heavy end of the barrel suffered more than the light end. Closing prices for crude (FOB origin) USS/borrwl Oang* Taph (Aug) 14.75 -0.55 MJnoi (Aug) 14.70 undi Dubai (Aug) 12.70 -0.50
      113 words
    • Article
      Palm Oil
      409 7 Totol o/p at at 1 100 hrv 3843 contractv Tum©*«f: 1171 lots. Market tan*: St»ody MALAYSIAN CRUDE PALM OIL FUTURES closed firmer yesterday on short-covering and speculative buying, prompted by market talk that China bought about 50,000 tonnes of Malaysian processed palm oil for August/September shipments. But no
      409 words
    • Article
      London markets
      290 7 London Commodity Exchange ftvyor/SoMor ctoi ring pricos on Aug 3 (£/fomo unioss spodfiod). Previous dosing pricos in paronfhosis. Coffee Boris in-stor* London, soHors oplion OF London s*p 958/960 (906/908) Ugh/Low 975/900 Nov 974/975 (920/922) Htgh/Low 982/920 SoWs (4502) Cocoa 947/948 (937/938) High/Low 950/938 D«C 939/941 (937/938) High/Low 943/937
      290 words
    • Article
      Produce Prices
      239 7 Chinese Produce Exchange Sellers' noon dosing prices on Ayg 4 (S$/100 kg) Coconut oil Bulk FOB 123.00 Old drum FOB 133.00 Ntw drum FOB 137.00 Copra Mii*d (loos*) 70 Pepper Hit I A.U"Hhiiv* WIN lv FOB NtW 877.50 Sarawak whit* FOB foq NtW 862.50 Sarawak sp*dal black FOB
      239 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      64 7 FOR THOSE WHO ARE BORED WITH THE SAME OLD HOLIDAYS: A Tradewincb EZ Pack lets you choose where you want to go, flies you there, offers you a choice of accommodation and leaves you to do whatever you want to do. Iradewinds If 'briber you Prefer an A>ui. Aiwtralui, New
      64 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Argentina devalues austral by 11.4 pc
      325 8 UPI ARGENTINA on Wednesday devalued its currency by 11.4 per cent, increased exchange rate costs for imports and announced a voluntary programme of price restraints in a stabilisation plan designed to curb inflation and attract international financing. Banks were allowed to reopen yesterday for
      UPI  -  325 words
    • Article
      Lock icon Forex markets
      1158 8 Reuter SINGAPORE: The US dollar closed easier against most major currencies yesterday. Against the Singapore unit, the greenback closed marginally changed at $2.0437/47 in dull trading. It traded within a range of $2.0462 and $2.0438. It opened initially at $2.0455/65. The US dollar closed mixed against major currencies
      Reuter  -  1,158 words
    • Article, Illustration
      World interest rates
      205 8 Indicates the average of the prime lending rates of 12 major banks in S'pore r Interbank market rates (offer/bid) on Aug 4 us$ DM SWFC Yen 7 da n 7 15/16 13/16 10 3/16 1/16 4 15/16 13/16 2 1/2 3/8 4 1/4 1/8 8 1/16 7
      205 words
    • Article
      Money markets
      69 8 THE OVERNIGHT rate on the Singapore money market rose 3/4 point yesterday to end at 4-3/4 per cent. The one and two-month term rates rose by 1/16 point while the three-month was unchanged. SS Interbank rates at the close yesterday: OFFM MD Ov«foighf J -monlti 2-montb 3-month 4
      69 words
    • Article
      Government securities market
      109 8 Treasury bills -> Period issue Yesterday's closing Day's code Maturity BID OFFER HIGH low 3 months BQ*****A 03.11.88 4.05 4.00 4.01 3.98 6 months BY*****T 24.11.88 4.06 4.01 1 year BY*****S 20.07.89 4.29 4.24 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate
      109 words
    • Article
      Simex
      498 8 SEPTEMBER Eurodollar futures on the Simex opened two ticks lower yesterday at 91.56 on technical selling interests as a result of reaction to the announcement of the details of the US Treasury refunding. Trading activity, however, was locked within a very narrow range ahead of Jfie release of US
      498 words
    • Article
      Asian dollar market
      325 8 Asian dollar deposit rates closed steady at opening levels in quiet trading yesterday. Most operators refrained from taking new positions due to a lack of fresh factors. Traders were awaiting today s release of US July employment data, expected to show a rise of about 250.000 in
      325 words
    • Article
      Options
      1354 8 CURRENCY FUTURES OPTIONS Thursday, Aug 4, 1988 1 DEUTSCHE MARK (SIM EX) Aug M cans m»*> Low Sen 53 62 62 62 54 55 2 56 CM 57 CAS 58 CAi 59 CA* N* Aug 88 pun Lev Sea 7A 4 54A 49 150A 145 245A 240 345A 340
      1,354 words
    • Article
      Lock icon IMM
      262 8 Reuter CURRENCY FUTURES on the IMM ended mixed on Wednesday with most contracts near the top of session ranges after firming gradually on short-cover-ing. Trading was lacklustre and volume thin with many participants sidelined before today's July US employment figures. Scattered short-covering emerged after D-marks and Swiss francs found
      Reuter  -  262 words
    • Article
      Comex gold/silver futures
      176 8 Gold futures on Aug 3 100 troy ounces. liSS per troy ounce Op*fl Htgfi Low SMh Aug 431.50 434.70 431.30 433.30 1 80 S«p 435.90 110 Oct 437.50 440.30 436 50 438.70 1 80 D»C 442 80 446.00 ***** 444.30 1 80 ftb 450.30 450.30 449 50
      176 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Expert sees ringgit remaining stable for next six months
      337 9 Bernama THE MALAYSIAN RINGGIT is expected to remain stable at the current level vis-a-vis other major currencies over the next six months, the Malaysian Institute of Economic Research's (MIER) executive director, OatuK Dr Kamal Salih, said in Kuala Lumpur on Wednesday.
      Bernama  -  337 words
    • Article
      Lock icon Malaysian interest rates likely to firm
      246 9 Bernama MALAYSIAN interest rates are expected to firm slightly from current levels by the year-end. Bank Buruh said in its monthly review of the economy. It added that this would be especially so if the surge in overseas interest rates continued or if there
      Bernama  -  246 words
    • Article
      Lock icon EC officials welcome British ECU move
      363 9 AFP BRITAIN's announcement that it will issue Treasury bills in European Currency Units (ECUs), the EC currency about which it has traditionally been unenthusiastic, was given a warm reception in Brussels on Wednesday. The European Commission, the executive organ of the European Community, said
      AFP  -  363 words
    • Article, Illustration
      OCBC to bolster investment banking
      487 9  -  Bank not competing with SIMBL for market share By SOH TIANG KENG Financial Correspondent OVERSEA-CHINESE Banking Corporation is making a "conscious effort" to beef up its investment banking services, said its chairman Yong Pung How at a loan signing ceremony yesterday. But the move will
      487 words
    • Article
      Lock icon Bundesbank move calms money market
      466 9 Reuter THE BUNDESBANK'S allocation of 24.2 billion marks at its latest securities repurchase tender has restored calm to a tense money market, helping call money to ease to 4.80/90 per cent from an effective ceiling of 5 00. The injection was the largest in at
      Reuter  -  466 words
    • Article
      Lock icon Manila asks creditors to help bridge gap
      204 9 Reuter THE PHILIPPINES has told its commercial bank creditors they must help bridge a US$l.B billion financing gap in 1989. a senior official close to talks held in New York last month said. The official said Philippine officials had told a 12-bank advisory
      Reuter  -  204 words
  • Page 9 Advertisements
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      217 9 THE CHOICEST INVESTMENT PER SQUARE FOOT A r >> E«* i rfeffß i M 4L I w p w 4 •r 8 W w I- F I I r I r I J r I -v. <**■< •>>,'' C VVi"'- r :K >* ■*r pi; S-lk-■F^saS ■31 ssura' J*' A
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      61 9 HONG LEONG FINANCE LTD SINGAPORE FINANCE LTD FIXED DEPOSIT RATES 4.500% pa 24 month* 4.250% pa 18 months 4.000% pa 12 months 3.750% pa 9 months 3.500% pa 6 months 1375% pa 3 months 3.250% pa*— 1,2 months Spscial rats* may bsnsgotislsd for dtposili of $***** and abov* J •Minimum
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  • PERSPECTIVE
    • Article
      Timely to raise chip output
      505 10 THE JAPANESE say the silicon chip is to industry as rice is to agriculture. How accurate an analogy. For like rice, these tiny pieces of glass the size of thumb nails and as thin are the staple for all industry connected with electronics. So important
      505 words
    • Article, Illustration
      Forty years on the right track
      1208 10  -  Colin Cray, general manager of the MRT's Operations Division, has decided to call it a day and return to a quieter life in England with his family. He speaks to TONG SUIT CHEE about his past five years here with the fledgling MRT. TONG
      1,208 words
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      Lock icon London hopes for a greater financial role in 1992
      1132 10  -  As the European Community develops its proposals for the financial services industry, DAVID LASCELLES examines the debate over London's future role in the integrated capital market planned for 1992. DAVID LASCELLES FT HOW WILL the EC's plans for a single market
      FT  -  1,132 words
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      Lock icon An aura of hope and energy returns to South Vietnam
      866 11 UPI THE SOUTH lost Vietnam's civil war, but already it is rising again on a spate of new economic reforms overturning Marxist dogma. Shortly after the fall of the US-backed regime in Saigon in 1975, South Vietnam was the victim
      UPI  -  866 words
    • Article
      Lock icon A growing case for minimal intervention
      1450 11  -  For years, salt-water economists of the old school have maintained that the economy needs a government pilot who manipulates taxes, spending and interest rates to try to keep the economy out of a slump. But sceptics known as the fresh-water economists are arguing that
      NYT  -  1,450 words
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      147 10 BUSINESS TIMES MCI (P) 96/12/87 f- BJUUM .fi-iJ. %&i 1 You said yes to all three questions? Then you could be just the kind of person Business Times needs. We are looking for bright young graduates with an urge to write about business. A degree in economics, accountancy or business
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      713 11 mmnmn mmmnsn CRYPTIC PUZZLE ACROSS 4 Making such a score, we lost out (6) 7 Legendary character who gave new heart to America? (8) 8 Eleven plus (6) 10 The ones Thomas East has? (5) 13 One of a pair tor a customer (4) 14 Go down as an evil
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      Page 11 Miscellaneous Column 2
      1223 11 to an© oaati® 12 7.30 PM Opening ond Programme Highlights followed by Speed Test. 8.30 Asian Exchange Programmes Brunei Traditional Cake. 8.50 Musicol Interlude. 9.00 Julio Pereira Special (Last episode). Guitarist Julio Pereira performs in this television speical recorded in Portugal. 9.30 The Natural World khkeul: Between The Desert And
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Marshall is still every batsman's bogey man
      657 12 Reuter MALCOLM MARSHALL'S most humiliating cricket experience stilt hurts to this day. He had been given out, wrongly he believes, tor nought on his Test debut and as he returned in tears to the pavilion in Bangalore, India, a voice in the crowd
      Reuter  -  657 words
    • Article
      Lock icon Gatting fined £5,000 over autobiography
      225 12 AP MIKE GATTING, the former captain of England's national cricket squad, was fined a record £5,000 on Wednesday for publishing his version of an argument with a Pakistani umpire. Gatting, 31, had been warned by the Test and County Cricket Board, which administers the sport
      AP  -  225 words
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      Lock icon Double Olympic setback for British selectors
      367 13 AFP BRITAIN'S athletics selectors were landed with a double dilemma on Wednesday. when their leading women's javelin throwers and men's 5,000 m runners pulled out of this weekend's Olympic trials. Until now, it has just been speculation that Britain could go to South Korea
      AFP  -  367 words
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      Lock icon Hearns trying to beat Leonard to fifth title
      273 13 Reuter THOMAS "HIT MAN' HEARNS, trying to stay one step ahead of archrival Sugar Ray Leonard, has signed to fight for an unprecedented fifth boxing championship, promoter Bob Arum announced on Wednesday. Hearns would fight World Boxing Association (WBA) super middleweight champion
      Reuter  -  273 words
    • Article, Illustration
      Lock icon Top tennis pros to play in Seoul Games
      460 13 AP TWENTY-SIX of the world's topranked 40 players in men's and women's tennis will take part in the Seoul Olympics when the sport returns to the Games as a medal event for the first time in 64 years. The final entry list,
      AP  -  460 words
    • Article
      Lock icon Trump puts down Leonard fight
      146 13 NYT DONALD TRUMP doesn't think much of the Donny Lalonde-Sugar Ray Leonard match that is on the verge of being made He has made it known that the US$5 million to US$6 million price tag that he heard is being asked for the live-site rights
      NYT  -  146 words
    • Article
      Lock icon Austin makes comeback after four-year absence
      276 13 UPI FORMER US Open champion Tracy Austin returned to the tennis tour after a four-year absence on Wednesday, teaming with Robin White in a first-round doubles loss at the US$lOO,OOO Virginia Slims of San Diego. Austin, 25. looked sharp in the 7-6 (9-7), 6-1
      UPI  -  276 words
    • Article
      Lock icon Lyle and Faldo back in the hunt
      409 13 AFP FORMER BRITISH OPEN champions Sandy Lyle and Nick Faldo return to the European circuit in York, England, yesterday in the £250,000 Benson and Hedges Open, and they are eager to return to winning ways. Both have had their appetites for success refreshed
      AFP  -  409 words
  • Page 12 Advertisements
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      277 12 COURVOISIERXO WHERE TC I AI.I MM At Meisan Szechuan g*' Restaurant (Level 2) From Aug 8 '88 to Aug 31 '88 Celebrate with an imperial feast during the auspicious month of August '88. Jfe*. y Savour suckling pig, shark's fin, sauteed prawns, smoked duck, steamed garoupa, abalone and other heavenly
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      Page 12 Advertisements Column 2
      182 12 4 Bring your family and friends and enjoy our steamboat buffet dinner laden with fresh prawns, succulent seafood, fresh vegetables, eggs and noodles. Cook up a steaming hot, mouthwatering meal... mmm then take a second helping or more. Share an all-you-can-eat steamboat with family and friends today! Price: SSI 5.00
      182 words
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      Page 12 Advertisements Column 3
      182 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 FriOay and Saturday for dinner. Price: S2o*. A fabulous one-stop gourmet's dream! JEW C» >» 855S r. >w HYAn REG£NCY©SiNGAPORE 10-12$com<tooa 0922
      182 words
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      Page 12 Advertisements Column 4
      220 12 I iappy 1 lours are now Doubly Ckxkl: Order one drink h 9 Friday. Enjoy! \fter Bpm £et 10°/< 1. purchased. Cluh 5. Where you'll have happy the double. Plaza Hotel sixctruit wu««coi ou«rui»iN«iimc Bwrti Koad 0719 T«l *****1 I Every second's on-the-house! The Fountain Lounge is flowing with the
      220 words
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      Page 12 Advertisements Column 5
      204 12 The Matterharn beckons! Savour the works of Swiss masters at the Belvedere. In our month-long fair stretching from August 1-31. With Jellied trout, Rindsroellschen, Fresh oysters, Sauerkraut swiss style, Fondue neuchateloise, Nut croissants, authentic Swiss rolls and lots more! Come enjoy over 60 traditional favourites at just $31 for adults
      204 words
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  • Page 13 Advertisements
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      606 13 IENTIEIimiN 4 THE 7TH BELGIAN GASTRONOMIC FESTIVAL. AUGUST 4 14 For the 7m year in succession. Belgian mosteichef. Chef Pierrot returns to the Hubertus GriH to bring you delicious specialities from his celebrated restaurant, Chez Pierrot au Surcout His exquisite menu rcludes items like Terrtne ot fine Goosellver with Poached
      606 words
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      32 13 xo COURyOISIER COGNAC Tf*® 8 dc vieillissement en ftits P"' pour rt?n r k subtdit* er a fm« S e ue ce Cognac. /n "OOUCf OF te?00 I 4 xo COURYOISIER COGNAC
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  • STOCK EXCHANGE OF SINGAPORE
    • Article
      APPROVED ISSUES
      40 14 Company RIGHTS ISSUE C K Tang Ooe-for-tv»o $2 25 per shore Eoch rights comes with two detachable TSRs The exercise price for the TSRs. expiring on May 31. I9°C, is $225 Ex-date: Aug 3 Books close: Aug 16
      40 words
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      PROPOSED ISSUES
      259 14 Company RIGHTS ISSUE AMDB One-for-four JO 50 per share C 1 Holdings 27 million loan stocks in the ratio of $3 loan slock for every five ordinary shores Held Duta Cons One-for-one $1 10 per share F N Two-for-five $300 per share F A C B One-for-one $060
      259 words
    • Article
      COMPANY MEETINGS
      193 14 MALAYAN CREDIT Limited: 26th AGM at Room 835. 8th Floor, South Wing, Mandarin Hotel, Orchard Road, Singapore 0923, tomorrow at 10am. SINGAPORE AIRLINES Limited: 16th AGM at the Collyer Room. 4th Level. The Westin Stamford and Westin Plaza. 2 Stamford Road, Singapore 0617, tomorrow at 11am. HARRISONS Malaysian
      193 words
    • Article
      Unit trusts
      325 14 Managers' prices for Aug 5 UOB Management Umlund 1 00 100 Singapore Unit Trust Unibond 1 01 1 03% The Commerce 1 06 1 12 MAKA-Bumiputra The Savings f.jnd 093 099 First B putra 670 6/5 S pore P'og Fund 044 048 Second B'putra 606 611 Spore Sec
      325 words
    • Article, Illustration
      Profit-taking sends prices tumbling from early highs
      697 14  -  By LONG SHIH ROME HECTIC PROFIT-TAKING in recent favourites yesterday brought share prices down from the morning s highs to end the day with the highest turnover reached this year. After advancing substantially in four consecutive trading sessions, banking and marine stocks bore
      697 words
  • Article
    SES SHARE INFORMATION
    5278 14 11 High >88 Low Tel Code Company Lest Sale orGr'« Dtv Dtv C'vr Gr"s rid Nat P/E Vol C000) Day High Low Last Quote Buyer Seller SECTION ONE INDUSTRIAL A COMMERCIAL 139 85 218 167 121 460 176 350 126 167 169 297 59 350 555 565
    5,278 words
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  • COMPANY NEWS
    • Article
      Hong Fok withdraws tender for Fortress Tower
      409 15  -  By ELAINE KOH THE PAST two weeks' excitement over Hong Fok's anticipated sale of its Fortress Tower in Hongkong deflated yesterday when the tender was withdrawn. The announcement released by property group Hong Fok in Hongkong did not give a reason for its
      409 words
    • Article, Illustration
      Lum Chang eyeing stake in Paul Y Construction
      449 15  -  Company making HKs3oom bid for share in HK group, says report By LISA LEE SINGAPORE CONTRACTOR Lum Chang Holdings, whose full-year results are due soon, is creating a stir in the Hongkong stock market. Press reports originating from the British colony say
      449 words
    • Article, Illustration
      MMC's Ashton unit bids for gold miner
      254 15 DIAMOND MINER Ashton Mining Ltd, which is 46.3 per cent owned by Malaysia Mining Corporation (MMC), is making an offer to buy an Australian gold producer, Hill Minerals. Ashton, which already owns 20 per cent of Hill, is offering AJI.IO cash a share
      254 words
    • Article
      Lock icon Sungei Way expects improvement in profits
      240 15 NST SUNGEI WAY Holdings's construction division has secured Ms 97 million in contracts to date, mostly for the supply of aggregates and asphalts. This has made the company optimistic about an improved performance this year, chairman Tan Sri Nasruddin bin Mohamed notes in his
      NST  -  240 words
    • Article, Illustration
      Electro Magnetic to expand product base
      404 15  -  By KEVIN GWEE ELECTRO MAGNETIC (S) Ltd (EMS), the first entrant to the stock exchange this year, is expanding its product base. For a start, the company will begin manufacturing 3% inch micro floppy disks within a year at an initial rate of 250,000
      404 words
    • Article
      Venture capital fund set up to invest in growth companies
      518 15 A $4(>-MILLION venture capital fund has been launched to invest in emerging growth companies in Singapore, Malaysia, Thailand and Taiwan, and to a lesser extent, Indonesia and the Philippines. The fund, Pacven Investment Ltd, will also invest in similar types
      518 words
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      Page 15 Advertisements Column 1
      194 15 This announcement appears as a matter of record only BANK OF SINGAPORE (AUSTRALIA) LIMITED US$lOO MILLION DUAL CURRENCY NOTE ISSUANCE FACILITY MANAGER AND FACILITY AGENT OVERSEA-CHINESE BANKING CORPORATION LIMITED UNDERWRITER Oversea-Chinese Banking Corporation Limited Banque Paribas Malayan Banking Berhad Banco di Napoii. Hong Kong Branch CIC-Union Europeenne. International et Cie
      194 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Indian investors lost millions in vanishing firms
      208 16 Reuter INDIAN investors who invested in new share issues during the stock boom of 1985/86 lost hundreds of millions of rupees as firms vanished or collapsed. M R Mayya, executive director of the Bombay Stock Exchange, estimated that up to 100 small firms
      Reuter  -  208 words
    • Article
      Lock icon World Int'l revalues assets
      86 16 Reuter HONGKONG investment holding company World International (Holdings) Ltd has revalued its net assets to HK$5.9B per share as at March 31 from HK52.52 a year ago. A report said the company has revalued its assets as of the balance sheet date in line with new
      Reuter  -  86 words
    • Article
      Lock icon Sony expected to recover strongly in first quarter
      386 16 Reuter SONY CORP is expected to post a 400 per cent rise in group net profit in the three months ended June 30 from a year earlier thanks to strong domestic demand and higher overseas production. Analysts said group net profit in
      Reuter  -  386 words
    • Article
      Stocks ease in Kuala Lumpur
      3545 16 SHARE PRICES closed slightly easier on the Kuala Lumpur stock market yesterday in lacklustre trading. The market opened on a firm note but drifted lower as the session wore on. Brokers noted quiet conditions in most sectors in early trading as operators preferred to wait
      3,545 words
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      Shares edge lower
      1445 16 Hongkong HONGKONG share prices fell in slow, quiet trading yesterday on declines in Tokyo and a lacklustre performance on Wall Street overnight. The Hang Seng Index lost 15.26 points to 2.677.37 and the Hongkong Index dropped 10.60 points to 1,770.21. Turnover was HK5635.93 million compared with Wednesday's
      1,445 words
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      Seoul
      102 16 Kai ***** -300 -300 Kangwon Ind Kia Motor ***** ***** -600 -300 ***** -100 Daawoo Corp Daawoo Hnvv Oalahm SacurMaa ***** ***** ***** -900 -300 -900 unch •1200 •600 -300 Koraa Long Tarm Lucky Lid Oriantal Brawary ***** ***** ***** ***** -400 -200 unch unch Dong Suh Slock Oongbu
      102 words
    • Article
      Lock icon Tokyo
      552 16 Reuter TOKYO STOCKS closed lower on profit-taking yesterday after a strong morning rally that took the main market index to a record high at midday, dealers said. '"There is no clear market leader, no fresh news and no real movement in the dollar." said George Ai, an analyst with
      Reuter  -  552 words
    • Article
      Lock icon Sydney
      464 16 Reuter AUSTRALIAN share prices closed higher yesterday as investor demand for selected industrials spread into all sectors. "There were some stories circulating in the market about particular stocks," including Coles Myer, Elders IXL and Lend Lease, one dealer said. "There's still a lot of appetite for leading industrials." he
      Reuter  -  464 words
    • Article
      Lock icon Bangkok
      160 16 Reuter THE SECURITIES Exchange of Thailand Index rose 2.54 points to 467.85 yesterday on a turnover of 4,714,561 shares worth 523.96 million baht. AUG M BAHT Ao Kham Thai 462 8 Ayudhya invaatman I 458 2 Bangkok Agro-ind 128 3 Bangkok Bank 323 unch Bank Of Ayudhya 376 2
      Reuter  -  160 words
    • Article
      Taipei
      240 16 AUG M All Slncara Indus Aaia Camant NT S 6 10 94 00 0.15 2 Kuochan Oav Laa Chang Yuan Cham Indua Lian Hwa Indua 54 50 .61.00 89 00 •1 -1 2.5 Cathay Cons 119 50 3 Chang Hwa Bank.... Chang Loong Chia Hain Camant Chin Hain Flour
      240 words
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      Manila
      60 16 AIM 04 PESOS Acof* Mining Oriental B Phil OvtrMM Phitox B •0 01 Anglo Phil P»cop B PLOT S«n Miguel B Ap*» Mining B 0 042 -0 002 3 233 231 -11 1 SMfront Banc Pttroloum B«ngu«t Con B »1 •1 0.5 uncti Sim# Darby... Surigao Con B U»tphil
      60 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      615 16 NOTICE NOTICE IS HEREBY GIVEN that, I Kwa Peck Kan of Blk 537, Ang Mo Kio, Avenue 5, #04-4060 Singapore (2056), has applied for a Retail Beer Shop licence in respect of premises at M/s Kwa Eng Huat Provision Shop at Blk 406, Yishun Ave 6, #01-K1 Singapore (2776), and
      615 words
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  • WORLD MARKETS
    • Article
      Lock icon Rates fears hold back investors
      1026 17 New York Reuter WALL STREET stocks closed mixed on Wednesday, with the Dow Jones Industrial Average up 2 85 points at 2.134.07. Investors were reluctant to take positions out of fear that the continued growth in the US economy could lead the Federal Reserve Board
      Reuter  -  1,026 words
    • Article
      Lock icon Bid activity fails to boost stocks
      1085 17 London Reuter LONDON EQUITIES opened lower yesterday but recovered in later trading. Fresh activity on the bid front failed to stimulate interest in the wider market. The FTSE 100 opened 1.3 points lower at 1,863.8 with only 42 million shares traded in pre-opening business.
      Reuter  -  1,085 words
    • Article
      Untitled
      1142 17 Selected indices HONGKONG Hongkong Index Thursday 1.***** Wednesday 1.***** Week ogo 1.***** All Industrials Thursday Wednesday Week ogo NEW YORK 2 6026 2 583 6 2 547 2 Hang Seng Index Thursday 2.677 37 Wednesdoy 2.692 63 Week ago 2.***** Dow Jones Wednesday Tuesday Week ogo 2,134 07 2.131 22
      1,142 words
    • Article
      Lock icon Daimler to have stake in Dornier company
      184 17 Reuter DAIMLER-BENZ AG has agreed to take a 20 per cent stake in a company belonging to the -Oornier family which is developing an amphibious aircraft, according to the Dorniers' lawyer, Martine DornierTiefenthaler. The Daimler stake in Dornier Seastar GmbH und Co KG
      Reuter  -  184 words
    • Article
      Lock icon Mecca makes £621m bid for Pleasurama
      323 17 Reuter MECCA LEISURE Group PLC has launched a £621 million bid for Pleasurama PLC. The offer is seven new Mecca ordinary shares plus 10 new Mecca convertible preference shares for every 10 Pleasurama ordinary shares, and 28 new Mecca ordinary shares plus 40 new
      Reuter  -  323 words
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      0 17 ^</+"/[^>>[@&/][+`@>'^%=&,((^\{
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      Page 17 Advertisements Column 2
      419 17 IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF JEBEERUP A COMPANY PRIVATE LIMITED (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of. the members of Jebeerup Company Private Limited duly convened and held at 1 North Bridge Road, #17-01 High Street Centre,
      419 words
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      Page 17 Advertisements Column 3
      671 17 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SANYEI ENTERPRISES CO (SINGAPORE) PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of Sanyei Enterprises Co (Singapore) Pte Ltd duly convened and held at 10 Collyer
      671 words
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      Page 17 Advertisements Column 4
      366 17 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND EQUIMED PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE Is hereby given pursuant to Section 306 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the abovenamed Company will be held at 1
      366 words
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      Page 17 Advertisements Column 5
      510 17 A Leading cigarette manufacturer in Indonesia invites applications for positions in its R -I- D/ Blending Department from persons who have the following qualifications and/or experience: A degree/ diploma in Chemistry/ Food Sciences from a Recognized University/ College. Work Experience of not less than five years in the tobacco/food or
      510 words
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      Page 17 Advertisements Column 6
      386 17 ENTERPRISES PTE LTD (In Voluntary "yiHwtfrm) SPECIAL RESOLUTIONS PASSED ON 28 JULY IMS At an Extraordinary General Meeting of the company held at 113 Eonoe Ave 3 #03-18 Oordon Industrial Bldg., Singapore 1440 on 28 July 1988 the Special Resolutions were passed (a) That Links Marine Enterprises Pte Ltd be
      386 words
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  • Article
    MPs to ask House to back elected president plan
    126 18 WHEN PARLIAMENT sits next Thursday, two MPs will move a motion asking the House to support the government proposal for a popularly elected president. The motion was submitted jointly by Mr Lim Boon Heng (Kebun Baru) and Mr Goh Choon Kang
    126 words
  • Article
    Lock icon New advisory body for Suharto
    80 18 AFP INDONESIAN President Suharto yesterday named a new 40member Supreme Advisory Council. The new council to be formally installed on Saturday by the supreme judge includes Mochtar Kusumaatmadja. who was foreign minister until March, as well as other former cabinet ministers and provincial governors, according
    AFP  -  80 words
  • Article
    Lock icon 'Baker's leaving will end secret Asian project'
    175 18 AFP US TREASURY Secretary James Baker's planned departure is expected to kill a secret project to coordinate the economic policies of Japan and the Asian newly industrialising countries with those of the US, the Wall Street Journal said on Wednesday. The resignation of
    AFP  -  175 words
  • Article, Illustration
    Gateway project revived after four-year delay
    587 18  -  Marina Centre expected to give building a boost By LEE HAN SHIH Property Correspondent ALL THE CHINESE deities that could help Singapore Land restart its Gateway project were summoned yesterday in a ceremony lasting almost two hours. Buddhist monks vied with Taoist priests in
    587 words
  • Article
    Lock icon Mixed reactions to trade bill from East Asia
    435 18 Agencies JAPAN. SOUTH KOREA and Taiwan reacted sharply yesterday to the US Senate's passage of a major trade bill, while Hongkong welcomed it as an "enormous improvement" over an initial package The Singapore Federation of Chambers of Commerce and Industry President G
    Agencies  -  435 words
  • Article
    Lock icon No deluge of oil if Gulf War ends: Lukman
    261 18 Reuter OPEC PRESIDENT Rilwanu Lukman yesterday dismissed as ridiculous the idea that Iraq and Iran may flood the oil market and send prices crashing if they end their Gulf war. "It's ridiculous to say the two countries will flood the world
    Reuter  -  261 words
  • Article
    Lock icon China's trade unions want greater say
    175 18 AFP TRADE UNIONS in China are exploring ways of better representing and protecting workers and have called for a greater say in deciding the nation's labour policy. The official China Daily said yesterday that the unions acknowledged the leadership of the Communist Party, but
    AFP  -  175 words
  • Article
    Lock icon China has 10pc of textile trade
    89 18 Reuter ONE OUT of every 10 garments or textile goods bought on the international market is made in China, according to the People's Daily yesterday. The Beijing newspaper said China's exports of these items last year were worth U559.54 billion, more than double the
    Reuter  -  89 words
  • Article
    Lock icon Ex-Umno members sue newspapers
    144 18 Bernama TWO FORMER Umno members have filed a suit in the Kuala Lumpur High Court seeking damages for libel over news reports relating to the status of the "old" Umno and its successor. The suit was brought by Mohd Zainal Abidin bin Abdul Mutalib and Azizi
    Bernama  -  144 words
  • Article
    Bank of Tokyo plans to recruit foreign employees
    218 18 A MAJOR Japanese foreignexchange bank will begin hiring graduates from Asia and elsewhere for future management positions in their home countries. The announcement earlier this week by the Bank of Tokyo which has the largest overseas operations network among Japanese foreign-exchange banks
    218 words
  • Article
    Lock icon Some US senators hit out at Asean's stance on US-Viet ties
    315 18 Bernama SOME United States senators have criticised Asean for opposing efforts by the US Congress to normalise US-Vietnam relations while the grouping itself maintains diplomatic and trade ties with that communist country. Senator John McCain, proponent of the Senate
    Bernama  -  315 words
  • Article
    Lock icon Comex gold and silver
    89 18 Reuter COMEX GOLD FUTURES drifted lower in early trading yesterday, on selling spurred by crude oil's weakness on the disappointing results from Wednesday's meeting of the Opec price monitoring committee. The October delivery lost US$l.OO at U*****.70 an ounce. Analysts said local traders were featured sellers
    Reuter  -  89 words
  • LATE FILE
    • Article
      Lock icon Japan backs Sihanouk's work
      69 18 AFP JAPAN will support Prince Norodom Sihanouk's efforts to bring about a Vietnamese withdrawal from Cambodia and block the return of the Khmer Rouge. Foreign ministry officials in Tokyo said yesterday that "the prince has played a key role" in solving the almost decadeold Cambodia conflict"
      AFP  -  69 words
    • Article
      Lock icon M'sia, Indonesia hold war games
      66 18 Bernama THE Indonesian army is, for the first time, participating in a joint war exercise on Malaysian soil since the "Kek-ar-Malindo" war games series was introduced in 1977 under the aegis of the joint Malaysia-Indonesia General Border Committee. A 164-member company of the Indonesian army
      Bernama  -  66 words
    • Article
      Lock icon Charges against agent dropped
      62 18 AP A CITY magistrate in New Delhi yesterday dropped charges against Win Chadha. a central figure in corruption accusations against Prime Minister Rajiv Gandhi's government over a US$l.4 billion Swedish gun contract. Mr Chadha was the Indian agent for the Swedish arms-maker AB Bofors. which paid
      AP  -  62 words
    • Article
      Lock icon Call for trade development
      51 18 AFP ECONOMIC cooperation between South Korea and China should be developed gradually and at a private level. Yonhap news agency in Seoul yesterday quoted Vice-Economic Planning Minister Moon Hi-Gab as saying that economic ties between the two countries should be developed slowly and between private firms.
      AFP  -  51 words
    • Article
      Lock icon KL cancels Jackson concert
      65 18 Bernama THE Malaysian government has had to cancel the Michael Jackson concert scheduled in Kuala Lumpur at the end of the year following objections to the concert by several quarters. The Welfare Services Ministry said yesterday that the decision was made after considering the opposition expressed,
      Bernama  -  65 words
    • Article
      Lock icon Hayden keeps mum
      37 18 AP FOREIGN Minister Bill Hayden yesterday refused to confirm he had agreed to serve as Australia's next governor general. A spokesman for Mr Hayden said the minister had not yet made a decision. AP
      AP  -  37 words
    • Article
      Lock icon Jordan lays off Palestinians
      46 18 AFP JORDAN yesterday announced the retirement of all Palestinian government or municipal employees in the occupied territories and the dismissal of non-governmen-tal Palestinian employees. A Cabinet announcement said 21,305 employees would face retirement as of Aug 16. with full severance pay. AFP
      AFP  -  46 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      191 18 Q W Not for shrinking violets THE NEWEST retail kid on the Orchard Road block is much-awaited Tang's Studio, due to open on Monday. Studio's intended market is the independent and confident shopper, secure in his or her self-image. The store promises to bring Singapore retailing into the realms of
      191 words
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      Page 18 Advertisements Column 2
      9 18 Senate passes trade bill by wide margin, PAGE 6
      9 words
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      Page 18 Advertisements Column 3
      226 18 B 45 T— FE7 7 o fotZtzt fc#HS|A U l £Qhfto C. Itoh Co. Cosmo Oil Singapore Pte Ltd Dowa Fire Marine Insurance Co. Ltd Daiwa Singapore Ltd Fuji Bank Ltd A Honda Motors Hokkaido Takushokußank*JapanS'porelns. of Software JGC Corporation I J Japan Travel Bureau Inc. I i Embassy of
      226 words
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  • SHIPPING TIMES
    • Article, Illustration
      Perkins will launch two-weekly service to Singapore
      247 19  -  By KINGSLEY WOOD Writing for BT from Sydney DARWIN-BASED Perkins Shipping will begin a fast, two-weekly container service from northern Australian ports to Singapore beginning next month. It will be in addition to Perkins' barge service to South-east Asia, Timor and northern Australian
      247 words
    • Article
      Lock icon Taiwanese breakers ask government to delay yard closure
      205 19 Reuter TAIWANESE shipbreakers have asked the government to wait for two years before evicting them from a shipbreaking yard in the southern Port of Kaohsiung. Hsu How-zwe, chairman of the Taiwan Shipbreaking Industry Association, said he made the request when he met
      Reuter  -  205 words
    • Article
      Lock icon Rotterdam cargo traffic up in first half
      326 19 Reuter CARGO volume in the port of Rotterdam rose 7.3 per cent to 130.3 million tonnes in the first six months of 1988 from 121.4 million in the first half last year, Municipal Harbour Company figures show. This represented a return to the
      Reuter  -  326 words
    • Article
      Lock icon Iranian gunboats attack Norwegian tanker
      184 19 Reuter IRANIAN gunboats attacked the 284.502 dwt Norwegian tanker Berge Lord in the Gulf 40km off Dubai, shipping sources said. It was the first Iranian attack on shipping since Iran said on July 18 it wanted to end the Gulf War. The tanker was heading
      Reuter  -  184 words
    • Article
      Lock icon APC's move seen as an effort to deter potential raiders
      421 20 Reuter AMERICAN President Co's plan to sell a new series of preferred stock and possibly repurchase some of its common stock was viewed by analysts as an effort to deter potential raiders. The company's stock fell two to 33% after
      Reuter  -  421 words
    • Article
      INDEX TO ADVERTISERS
      1111 20 A Wast Monhe Energ XI 2 AB Shpg V 5 ABSS Shpg XII 3 ABC Container IX 1 Accord Shpg VI 3 Ahrenkiel liner X 4 Alltrans VII 3 AC Toepfer XI 5 American Tpt N 4/5 Anro Service IV 2/3 Arrow lines IX 5 Asion Ocean
      1,111 words
    • Article
      Lock icon Gulf insurers adopt wait-and-see approach
      526 20 War risk committee to meet next week Reuter TANKER BROKERS and Gulf shipping war risk insurers will need a significant move in the Iranian-Iraqi peace talks before making a forecast on how the tanker market will react and before making any cut in Gulf Insurance
      Reuter  -  526 words
    • Article, Illustration
      Lock icon US maritime sector badly affected by drought
      1101 21 Fairplay THE RECENT torrential rains may have briefly wetted the parched plains of the US midwest, but it did nothing to dampen the fears of the farmers, barge operators, grain ports or lakes carriers. Sympathy has gone to the farmers, pictured standing amidst
      Fairplay  -  1,101 words
    • Article
      Lock icon Singa Sea's crew survived on rain water
      330 21 Reuter RAIN WATER and prayers kept alive six Filipinos in a lifeboat for a month after their freighter broke in two in heavy seas, rescuers said. "They are undoubtedly the luckiest people in the world," Dr Michael Galvin said after examining the weary
      Reuter  -  330 words
    • Article
      SHIPPING LIST where your ships are due... and when
      8299 26 AARHUS Ming Universe Yang Ming Aug 6 Ever Grade Evergreen Aug 7 B Suria ScanOutcht Aug 8 Vine ae Jupiter CM 0 Atrettement Aug 10 Ever Greet Evergreen Aug 10 Luna Maersk Maersk Line Aug It Rhine Maru Triot Aug '?IPK)
      8,299 words
    • Article
      BUNKER QUALITY MARKET REPORT
      126 26 Area/Port Vlecosity CST at 50C Density G/ML at 15C Water Volume 0/0 Africa/Red Sea Jeddah Durban Arabian Gulf 23/207 132/182 0.912/0.979 0.977/0.991 0.1/1.9 0.0/0.8 Ras Tanura Bahrain Europe 167/268 182/184 0.950/0.987 0.976/0.977 0.0/0.2 0.1/0.1 Rotterdam Hamburg Le Havre Genoa Far East 31/495 34/385 25/359 63/260 0.955/1.010
      126 words
    • Article
      LONDON FREIGHTS
      1151 26 EXTREMELY dull conditions pervaded dry cargo charter markets on the London shipping freights market on Wednesday but the overall rate tone held a stable course. Amongst very scant representative fixing. Bunge paid US$l9 05 (without combination ports) for the Pacer to move 52.000 tons of grain from the
      1,151 words
    • Article
      Who acts for whom ...
      2036 28 Who acts for whom A—B A&Shipping Boustead Shpg Agencies. ABC Containerline NV S pore Sh*g (S). Accord Shpg Accor<fcShpg (S). Africa Ocean Lines Sealion Shpg (S)r Ahfenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhs (PK). Alltrans Alltrans Express. American President Lines APL (S)fßoustead
      2,036 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      926 19 vv* h,, TIMES ijG#* R fbß SI) tcBSS STP Distributors H jIrDINE SHIPPING AGENCIES (Ref No 242K4/ OOK) «tlVf# 200 Cantonment Road #12 05 Southpomt. Singapore 0208 "II" Tel *****11 TELEX NO RS ***** |rcnTaj| terminal CFS Tel *****18 220 r V"*y J BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING
      926 words
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      Page 19 Advertisements Column 2
      91 19 TANKER BROKERS and Gulf shipping war risk insurers will need a significant move in the Irani-an-Iraqi peace talks before making a forecast on how the tanker market will react and before making any cut in Gulf insurance premiums. Page II RECENT TORRENTIAL rains may have briefly wetted the parched plains
      91 words
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      Page 19 Advertisements Column 3
      635 19 fn, TIMES STP Distributors MAERSK LINE MAERSK RAPID TRAIN IS THE FASTER TRACK TO U.S. GULF To Europe— UK Scandinavia Finland LUNA M 8910 ARTHUR M MlO ANNA M. MM M PARIS an M ROTTERDAM 8810 ANOERS M 8810 Th« Anna M Closing Time CY 24* 2300 MRS CFS 24/8
      635 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      560 20 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP ARLBERG RHINE MARU TOKYO BAY FRANKFURT EXPRESS HAMBURG EXPRESS LA SEINE LONDON EXPRESS BENALDER ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN i S. AMERICA CONTAINER SERVICE
      560 words
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      Page 20 Advertisements Column 2
      17 20 Lines and services represented bv Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 20 Advertisements Column 3
      616 20 AmTransAMERICAN TRANSPORT LINES, INC U.S. EAST COAST, CENTRAL/SOUTH AMERICA, CARIBBEAN/MEXICO 1,1,. i n rrm I.i*' I H 1 '.7T I J'.l." BY FEEDER VESSEL ACCEPT IMC CARGO TO ATLANTA. SAVANNAH. BALTIMORE. MIAMI. TAMPA. OTHER U.S. EAST COAST PORTS ON REQUEST. ALSO ACCEPTING CARGO TO CENTRAL/SOUTH AMERICA CRISTOBAL. PUERTO CABELLO. SANTOS.
      616 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      1315 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok AAIMRC RHINE MARU TOKYO BAT FRANKFURT EXPRESS HAMBURG EXPRESS LA SEINE LONOON EXPRESS KNAIOCR Also Accepting Cargo For: Hmkurt to Copmntfwv Ajrtws. Cottw Dottorfljm to
      1,315 words
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      Page 21 Advertisements Column 2
      628 21 C SAV Corrpjnu Sud Americano dc Vjpcrcs S A Line t M <6 7* SERVICE TO/FROM CHILE FEEDER SPORE MOTHER VESSEL HK TOKO ARICA IQQ ANTOf VAIP SW" »tSStL OA* 1 M NOBLE STAR VKB MP tfi Ufi CSAV 2 LW CAR CARRIER 0) JM 3D* *10 <*** 3 [ATCAMA
      628 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      529 22 v< mSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE PNG/8. PACIFIC SERVI DARA SAMUT Singapore Loading for: 8/9 LAE, PUB, HRA OCEANIA EXPRESS V-19 25/8 OCEANIA EXPRESS V-20 11/9 YOKO ASIAN LILY V-43 2/9 LOAD FOR GUAM, SAIPAN GUAM, SAIPAN LOAD FOR YAP KOROR, TRUK, PONAPE
      529 words
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      Page 22 Advertisements Column 2
      1002 22 $MW*6 Co*'o*AT,9* FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Member of the Ace Consortium KOkEAN JACEWON MW QUEEN S WAY BRIDGE fl» SEVEN SEAS BRIDGE 67* KOREAN CHANCE 3M ACE CONCORD 18* ORIENTAL CHIEF UW TRANSWORLD BRIDGE 44W LtHjvrt Pitom R dam H'burg B'havan 25/8 26/8 27/8 29/8 30/8 28/8
      1,002 words
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      Page 22 Advertisements Column 3
      239 22 FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY KARACHI: ETA 9/8 23/8 MIDDLE EAST SERVICE NEW SERVICE DUBAI 12/8 24/8 AUSTRALIA/ NEW ZEALAND SYDNEY, MELBOURNE FREMANTLE Also accepting to Darwin AUCKLAND, WELLINGTON, LYTTLETON, DUNE DIN NAPIER EUROPE HAMBURG, ROTTERDAM, BARCELONA, FELIXSTOWE, LONDON, ANTWERP Also accepting to: Scandinavian European inland
      239 words
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      Page 22 Advertisements Column 4
      1065 22 M illUClriiuaj, g f iaao EVERGREEN Full Container Service lound-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP HKC KSC KLG PUS OSK TYO EVER CLOSE M 11* 12* 14* 1M 21*1 31 EVER GENTLE l«* 22/1 24/1 2VI 27# »t 4 EVER GENTRY M M M 1M 2* EVER GATHER 2M Ifi 3*
      1,065 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1107 23 vn PACIFIC INTERNATIONAL LINES AV\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE GOWA HOT A EAGLE MAJAPAHIT *1 MY VOY SIN POO HKQ KAO KEE MTC VOK MOO KOB BUS .r* m MN i#/« is/t 17/b im a* at/s 2t/i »i U2 *1»
      1,107 words
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      Page 23 Advertisements Column 2
      617 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Artfearj Rlum Harw Fr«n»furt Eiprn ■**1 tlfrau Evmi I—IW EXPRESS CONTAINER SERVICE FRO* UK/CONTINENT DAB HAVfff STOW P KLANC S'POftt FOR MMC Sfftotf S*M SIIW u Hue Swlti SiiW S«M Sa«M 1/1 mc [725? twr £2 £22 i*" M hrc J* 1-
      617 words
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      Page 23 Advertisements Column 3
      561 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSI/VOY L.J BONTANG/ISWB KUTAI/15 WB OCEAN PRWA/11WB SRIWIJAYA/24W8 ANTWERP H'BURG/ RDAM/ADAM BREMEN 11/10 14/10 10/10 13/10 15 10 22/10 26/10 29/10 Buto)«ct to Inducement Atoo
      561 words
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      Page 23 Advertisements Column 4
      363 23 BOUSTEAD SHIPPING AGENCIES P* HTONEYWA VZ37W PAGAN VI3IW PA-AN VI2W BURMA FIVE STAR SiUgglHS CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Kelang Penanj Bangkok 11/13 Aug 1611 AliC IV2I Aug BANK LINE SEMI-CONTAINER SERVICF HEAvy lift CAPAbii ity FORTH BANK V22N IVY BANK V22N TAUSALA SAMOA VI3N SPORE
      363 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      675 24 "Klin* KAWASAKI KISEN KAISHA, LTD. NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE NcPTUNE GARNET *Vi* Feeder NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET VIA FEEDM N. AMERICA-ATLANTIC COAST N. AMERICA PACIFIC SOUTH-WEST •PK/PNG *INDO FEEDER VESSEL ACE CONCORD ORIENTAL CHIEF TRANSWORLD BRIDGE NEPTUNE CRYSTAL N. AMERICA PACIFIC NORTH-WEST MOTHER VESSEL
      675 words
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      Page 24 Advertisements Column 2
      325 24 PKL -j- TEL *****75/85 TLX_NO MA ***** Accepting LCL and containerised cargoes Direct to South Africa I S pore I Durban P.EI& C.Town NEDLLOYD LINGE V SIM VAAL 5937F VIRGO OM2F NEDLLOYD COLOMBO V CO36F NEDLLOYD COLOMBO SC3SG VENTO 04Q2G OSAKA MARU 5740 C ESQB33 JARDINE SHIPPING AGENCIES (REG. *****4/
      325 words
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      Page 24 Advertisements Column 3
      664 24 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Smpport p P«mn| losdir* (or Moth* m By Ftsder By Fssdsr M 7 7 riiiPH)gnflMil 1 ISW 1 Frtm IMb S,«> AM VL 3 00 27 27 Fr «M>MVSr*VAM TULSIDAS v a Ocl DOct It Oct FrtmMb-Sydn AM INDIA EXPRESS CONTAINER SERVICE Aeevptlflfl
      664 words
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      Page 24 Advertisements Column 4
      747 24 GOLDEN LINE GUAN GUAN SHIPPING (Pit) LTD 3. Tele* Ayer Street SINGAPORE 0104 TEL &343W (10 HUES) Fai S343SM STRAITS/PERSIAN GULF SERVICE: Spore PKeiang Pew* GOLDEN HAVEN Cotombo/K*radii Dub«< 1/9 Au| GOLDEN BEAR Cotanbo/Kiucti. Dubai 20/23 Aug CHINA SERVICE DAI YUN SHAN Shangtia. In Port A VESSEL Huartgpu Shanghai 11/20
      747 words
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      Page 24 Advertisements Column 5
      365 24 PHIU Oni€NT LINCS PTC LTD HEAD OFFICE (3 ROBINSON ROAD *07 1? AFRO ASIA BUILDING SINGAPORE 0106 TELE* RS ***** PHILI FAX *****76 EMT/FAI BUT Fa i LCI SSmtt ETA SINGAPORE I DESTINATION Till £5 JEDOAH (La) M 2M NEW GENCORD 11/1 1222X*****11 COLOMBO KARACHI. yj lV Ii: r LATTAKIA
      365 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1077 25 NEPTUNE AGENCIES PTE LTD. FE EU/AUST TP A/St A Gwrwral Enqulrlva: Tel: 278M77 Terminal CFS BOOKINGS 27*5743 *****42 *****22 *****53 27*119 *****16 \\NEPTUNE ORIENT LINES LTD FM EAST/EUROPE FUUY CONTAINERISED SERVICE A TO EUROPE/UK (VIA SUEZ):I >lw I NEPLINE SDN BHD 3IMS7 NEPLINE SDN. BHD *****33 NEPLINE SDN BHD. 620a35/677*C0/627i61/627K2
      1,077 words
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      Page 25 Advertisements Column 2
      573 25 HEUNG-A SHIPPINI Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. KEELUNG, BUSAN, INCHON STRAITS/KOREA SERVICE WEF JUNE 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUN 10 DAYS SERVICE II SERVICE!! Vessel's Name ETD BS S PORE PKELANG KEE BUSAN MO JI No I Donam/Ht* 21/07 In Port OS-OM* 13-13/08 1(1
      573 words
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      Page 25 Advertisements Column 3
      930 25 on now 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 Tele* Numbers RS ***** RS ***** RS ***** PENANG P KELANG MESSRS HAI THONG SHIPPING 127 Penaig Street Penang. Malaysia M S HANDLING SYSTEM
      930 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      210 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 (30 lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA RS ***** A/B SSCAD DSR-LIMES VEB DfcUTFRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE FVU LAdKACA. ACCEPTINC CARGO FOR LMASSOI BEIRUT, lATTAKIA, ALEXANDRIA, PORT SAID.
      210 words
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      Page 26 Advertisements Column 2
      100 26 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIyAi TO TAIWAN JAPAN SOVEREIGN ACCORD VU 111* Ult 1M HEMES Ad Vl2 "WMkly LCL (trvicM to K*oh«iuof. Ketlung. Tokyo. A Koto Alto calling Shimini FCL ony FROM JAPAN SOVEREIGN ACCORD VU SKI u HEMES ACE fa L W. MALAYSIA AGENT: TRANS-ASIA
      100 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      156 26 m Regional Weather c m r vr 52 to 1 W I s c /a> *33 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. August 5, 1988 LEGEND R Thunderstorm Temperoture c X\ y Shower Weather Wod dree too with speed «n knots Ro*> Cloudy Sky W h 9 Surface
      156 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      2034 27 Bipug SjUftS JJ i'llil'j' AT CONVENTIONAL WHARVES Berth Arrival KEPPEL WHARVES Adh. lOyomof EQuOtOf Ev«r Sr>gM GMn Huofc Ifcopo Jtfi Feng Koto T.mur Kni Merub' MurroyOv«r«tt P.ngquor. SO Est«ro Stroits P"de Trorn Hov No 2 April Glory Do'yunshon Equo'O' 111 Inobufcwo Mel-no Sefci Koch PASIR PANJANG Axon S»Of Bonos»of 2
      2,034 words
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      Page 27 Advertisements Column 2
      238 27 71 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUNO SERVICE ETA S PORE LOADING FOR MV SINDBAO 251t j,p,„ WEST BOUND SERVICE ETA SPORE LOADING FOR MV ALWASITTI 10/8 J«ddah, Aqaba. Baghdad THROUGH B/U to
      238 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      585 28 m r FINE-LINER SHIPPING PTE LTD 70 Shenton Wiy. W 02C Mirina House S pore 070 TEL *****7/ (8 Lines) TLX RS ***** FLINER FAX *****d6 EUROPE SERVICE 2S3i:v :|^j7T^rr7rT^frrnT-i FAR EAST SERVICE jff m ism x* ::i V* 2M MIDDLE EAST GULF SERVICE 1 S<WC I 1,0 DU® SMi
      585 words
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      Page 28 Advertisements Column 2
      717 28 ZIM ■lalaM 'I 1 M 11 \M |1 AUSTRALIA CONTAINER SERVICE I MXCPTINC CARGO TO ADELAIDE VIA MELBOURNE AND ALSO FCL TO GUAM ZIM EILAT CONTAINER UNE VESSEL ZM BRISBANE ZM SINGAPORE ZM EILAT ZM OSAKA AttaßtMf FCL T» EuropMn and Narfiterranaan Ports Alw LCL/fCL to *11 ■*V tV«J» GOLD
      717 words
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      Page 28 Advertisements Column 3
      333 28 Everett Luies] ttfevv COMPANIA PERUANA OE VAPOREB "PERUVIAN STATE LINE" LOADING FOR CALLAO. MATARANI, ILO* ANO ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LAOING TO FINAL DESTINATION. Ponang* P. Kelang* Singapore MURRAYEVERETT Gdn K27/S Au| THOMASEVERETT 17/ U Aug HUGHEVERETT wm Pefijng* P. Kelang*
      333 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      461 29 Seabrfctafe JEURO AFGHAN/IRAN SERVICES DESTINATIONS TORGHUNDI, HAIRATAN, KABUL. TEHRAN. OJULFA 4 INSTALBUI JEURO EASTERN BLOCK SERVICES SEABRIOGE EUROPE SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM. RTM. L. HAVRE. ANT. GENOA. ARAHUS. STOCKHOLM. HEL. CPH, GOTBG. MARSEILLES. OLSO I ALL INLANO DESTINATIONS POINTS. SEABROiSE FAR EAST.
      461 words
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      Page 29 Advertisements Column 2
      208 29 Consolidation Service NEW CALEDONIA TAHITI SIN 8/8 NOUMEA 5/9 PAPEETE 16/9 MAURITIUS REUNION ISLAND SIN 9/8, 19/8 PORT LOUIS 19/8 REUNION 29/8 FRANCE SIN 9/8 MARSEILLE 26/8 LE HAVRE 31/8 TRANSTAINERS delmas-vieljeux WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TTA Freight Pte Ltd Tel:
      208 words
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      Page 29 Advertisements Column 3
      507 29 TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE JENWEL V.79N JENHOL V.76N DESTINATION BANGKOK PORT KELANG HONG KONG, CHINA PORTS KEELUNG. KAOHSIUNG MANILA BUSAN KOBE, TOKYO SYDNEY, MELBOURNE, ADELAIDE. BRISBANE JAKARTA JAKARTA ETA S PORE 7/8, 14/8 1/8, 8/8 1/8, 6/8 7/8. 14/8 3/8, 11/8 4/8. 11/8 1/8,
      507 words
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      Page 29 Advertisements Column 4
      549 29 REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* IXV-74 C/SELATAN VIII V-< 3 G/SUATAN VI V-O SP PKL PN BLW KAON SW 2V7 4/1 7/1 ill 10/1 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE
      549 words
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      Page 29 Advertisements Column 5
      383 29 PTC CONTAINER LINES FCI/LCL StRVICE PIC GrtOUP S!N Pa EAST 7/8 KEELUNG/KAOHSIUNG 13/8 BANGKOK 12/8 MANILA 13/8 JAKARTA 13/8 PORT KELANG/PENANG 11/8 BUSAN 9/8 TOKYO/YOKO/KOBE 118 HONG KONG also accepting cargo to Huangpu/Shenzhen/FuztKHj Xiamen/ Xingang/Shanghai S|N EUROPE/UK 9/8 RDM/HAM/ANT/LE HAVRE/GENOA 9/8 LDN/FLX/LVP/SOU SIN MSA/CAMAIA 7/8 L.A./NYC/SFO 7/8 VANCOUVER/TORONTO/MONTREAL S|N AUSTRALIA/HEW
      383 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      447 30 Hai Sun Hup Co (Pte) i r L TEL *****06 (20 Linesi TLX RS ***** &RS J- I \SI I K\ c K I IM K. III). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT: •Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN t CHINESE
      447 words
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      Page 30 Advertisements Column 2
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