The Business Times, 10 August 1988

Total Pages: 30
1 30 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 Wednesday, August 10, 1988 75 CENTS
    11 words
  • 137 1 AFP Dow Jones lower NEW YORK stocks plunged yesterday morning when the Fed announced it was raising its discount rate. The Dow Jones average was oft 26.84 points, at 2,080.55 in the first 114 hours of trading. AFP Footsie down LONDON share prices dropped in lacklustre trading
    AFP  -  137 words
  • 372 1  -  Group to focus on operations in Europe, US, Japan By SOH TIANG KENG, Financial Correspondent KLEINWORT BENSON, the City of London merchant banking group, is closing down its Singapore operations as part of a global strategy to focus its efforts
    372 words
  • 287 1 AP, Reuter THE US discount rate, the key lending rate of the Federal Reserve Board, has been raised from 6 per cent to 6.5 per cent with immediate effect. After the Fed announcement yesterday, the White House expressed disappointment with the rate
    AP,; Reuter  -  287 words
  • 115 1 THE US DOLLAR surged in afternoon foreign exchange trading in Europe yesterday after the US Federal Reserve raised its discount rate from 6 to 6.5 per cent. In London, the greenback rose to 1.9160 Deutsche marks and the pound dropped to U551.6860 shortly after the
    115 words
  • 142 1 ASIAN STOCKS closed mixed yesterday, with the Hongkong and Tokyo markets losing ground while the Taipei and Australian markets rose to the year's highs. In Hongkong, the Hang Seng Index fell 25.06 points to 2.634.04 in persistent sluggish trading. It lost more than 30 points by
    142 words
  • 700 1  -  Flying the FLAG Story by JAIME LYE A SPIRIT was let loose last night. It was looking for a party, and it had heard that there was going to be a big one thrown somewhere near the Equator. It shot through the sky and loomed over
    Picture by YOW YUN WOH  -  700 words
  • 51 1 KEEPING the economic engine wellgreased and whirring that seems to be the top priority of Taiwan's government now ahead of an election period. What are the prospects and what efforts are being made to sustain the country's growth momentum? Turn to PAGE 10 for the
    51 words
  • Page 1 Advertisements
    • 145 1 Cloth by ildo rinenei! n Made r) Z. Available at all leading tailors Thorn EMI Rentals You make the presentation, we ll handle the rest. 100" Sony Projection System $800/ day. Ideal for seminars, conferences, and training classes. Also available. 45" screen at 5400/ day. Multiple System Colour TV and
      145 words
    • 265 1 Regional Mkts, PAGE 16 WEATHER MONEY S EXCHANGES COMMODITIES AIRCRAFT SCHEDULE CROSSWORDS TV S RADIO BRISTOW DOONESBURY A FORMIDABLE TASK lies ahead of the new coalition government in Thailand headed by Major-General Chatichai Choonhavan. But if everyone rows his oars in the same direction, this government, with an elected Prime
      265 words
    • 175 1 More stories, more pictures, more excitement on PAGE 2 Toshiba si resents the Executive Deskto PH( A built-in telepnWß with auto radial, musical hold and on-hook dialling as a bonus. A COPIER Crisp foolscap copying without leaving your desk. A FAX Complete local and international faxing With speed dialling to
      175 words
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  • HOME NEWS
    • 506 2  -  Report by GENEVIEVE CUA IT SEEMED to take hours for the guests of honour Prime Minister Lee Kuan Yew and Cabinet ministers, dressed immaculately in white to file out of the National Stadium last night. It seemed to take hours because the air was
      Photos by YOW YUN WOH, AZIZ HUSSIN, and K F SEETOH  -  506 words
  • Page 2 Advertisements
    • 173 2 At Last, A Swiss Festival Thai S Very Prim, Very Proper And Absolutely Snobbish. RI AND This isn't the usual Sunday Family Buffet promotion. On the contrary, it promises to be a rather grand and immaculate affair for those who believe that the appreciation of the art of dining demands
      173 words
    • 20 2 Managers must manage, BT every Monday COMPANIES NEWS BT keeps you ahead of your competitors with the latest corporate developments
      20 words
  • Page 2 Miscellaneous
    • 84 2 wm Montr eol Moscow No now New MN New York Nicotic Oslo Ports Perth Rio 'Janeiro Rom* Son Fiis'co Son Juan Santtogo Soo Pouto Seoul Stockholm Sydney Taipei Tokyo Toronto Vancouver Vienna Warsaw Washington 28/21 Cloudy 20/11 Rain 33/24 Cleor 33/27 Rain 34/20 Gear 39/21 Cloudy 22/16 Clear 30/19 Clear
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  • Page 3 Advertisements
    • 428 3 fv *v-sr v MI r 4 4 Occasional ly. one has to put Sfe one's foot down to slum r whos in charae. S£ &*7gt m m. M m V ?A-*. f*i v£*,'-j r < A3«*fl $$SH n LB ;lc mm r. it evm T U vi P ->^5^pCR-> A
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  • ASIA-PACIFIC
    • 306 4 Reuter THE AUSTRALIAN government cannot afford to let up on economic reform, despite better news on prices, jobs and the trade deficit, the Organisation for Economic Cooperation and Development (OECD) says. "Australia's economic situation is now definitely better than two years ago but the
      Reuter  -  306 words
    • 149 4 Reuter AN OVERWHELMING number of Australians want a slowdown in the rate of Asian immigration, according to a public opinion poll published yesterday. The poll, published in The Australian newspaper, followed emotional public debate over opposition Liberal Party leader John Howard's proposal to
      Reuter  -  149 words
    • 296 4 UPI, Reuter UNITED NATIONS SecretaryGeneral Javier Perez de Cuellar has announced Iran and Iraq will stop fighting on Aug 20 and send representatives to Geneva five days later for face-to-face talks to negotiate a settlement to the long and bloody Gulf war. "The restoration
      UPI,; Reuter  -  296 words
    • 294 4 Agencies CHINA, a major weapons supplier to both Iran and Iraq, yesterday hailed their ceasefire agreement but cautioned the countries remain "still far from eventual peace". In a commentary, the official Xinhua news agency called the decision "of tremendous importance to the two warring
      Agencies  -  294 words
    • 199 4 AFP OFFICIAL border trade between Burma and China, previously plied only by smugglers, will begin on Oct 1 and be open to private entrepreneurs, the government announced in Rangoon yesterday. The announcement said anyone exporting goods from Burma under a new Sino-Burmese trade
      AFP  -  199 words
    • 107 4 AFP CHINA has invested US$6BO million overseas to create 456 businesses since 1979, the New China News Agency (NCNA) said yesterday. Most of the firms, some joint ventures and some fully Chi-nese-owned. are industrial, producing items such as aluminum, rubber and textiles. The businesses represent
      AFP  -  107 words
    • 397 4 AP SECURITY forces dispersed anti-government demonstrators in Burma's capital of Rangoon early yesterday and arrested more than 700 people, the stateowned Radio Rangoon said. They were among tens of thousands of Burmese who surged into the streets of Rangoon and 14 other Burmese
      AP  -  397 words
    • 158 4 AFP SOUTH KOREA and China are discussing establishing trade offices in each other s country around the time of the Seoul Olympics starting next month, the Korean national news agency Yonhap said on Monday. Seoul's Korea Trade Promotion Corporation (Kotra) and Beijing's China
      AFP  -  158 words
    • 339 4 Reuter PRESIDENT Corazon Aquino set up a panel yesterday to study alternative uses for the sites of US military bases in the Philippines. Mrs Aquino's order said the panel would carry out in-depth studies "to enable the Philippine government to respond immediately" if the
      Reuter  -  339 words
    • 184 4 AFP LEADERS of South Korea s National Assembly will meet today to agree on a response to North Korea s surprise acceptance of a South Korean call for a preliminary meeting. The Speaker of the National Assembly, the two Vice
      AFP  -  184 words
    • 344 4 Reuter, AP JAPAN strongly supports Prince Norodom Sihanouk as the man who can bring peace to Cambodia and it opposes any attempt by the former Khmer Rouge to regain power, Prime Minister Noboru Takeshita said on Monday. In a meeting with Prince Sihanouk, who arrived in Tokyo
      Reuter,; AP  -  344 words
    • 264 4 Bernama MORE THAN eight million passengers passed through Bangkok's Don Muang International Airport in the past seven months, an increase of 20 per cent over the previous corresponding period. Air Vice Marshal Somboon Rahong, the governor of the Airport Authority of
      Bernama  -  264 words
  • Page 4 Advertisements
    • 315 4 YOU COULD WRAP UP A LOT OF BUSINESS IN HONG KONG |g|j| •v.•v. iii-t/m. Snfr 1 'M THE 1989 HONG KONG GIFTS HOUSEWARE FAIR! APRIL 12-15. HONG KONG CONVENTION EXHIBITION CENTRE. AN INTERNATIONAL FAIR IN A NEW VENUE. In the Hong Kong Gifts &l Houseware F;nr is going international. It
      315 words
    • 25 4 Oil prices climb, PAGE 6 Focus, PAGE 8 Boost for KL-lran trade, PAGE 14 Increased oil output and tanker capacity likely, Shipping Times PAGE II
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  • Page 4 Miscellaneous
    • 51 4 Doonesbury MIKE, I WANT YOU 70 SHIP AG THE PIBCBS IP/P PURJNG MY CONCEPTUAL PBKIOP... W YOU KNOW, THB ON6S IN THE BBPROOM CLOSET... UJHAT*... YOU WHAT? AZB YOU KIPPING Me* w I BY GARRY TRUDEAU WAT HAPPENED, HONEY* MIKE THREW OUT ABOUT *300,000 UJOZTHOFMY ART, THATtUJHAT! m m mm
      51 words

  • REST OF THE WORLD
    • 269 5 AFP AMERICAN Defence Secretary Frank Carlucci's groundbreaking visit to the Soviet Union last week had failed to alter American convictions that the Soviet military posture remains offensive, a top Pentagon official said in Brussels on Monday. The trip, marking the first-ev-er official visit to
      AFP  -  269 words
    • 146 5 AP THE Soviet Union, after refraining for months from sending nuclear submarines to stations off the United States' eastern coast, resumed the patrols early this summer and appears to be continuing them, US Defence Department officials said. The officials disclosed last week that a lone
      AP  -  146 words
    • 141 5 UPI EXPERTS from the United States and Asia gathered in north-west Florida on Monday to begin a four-day conference to compare social services and policies towards the aged. The International Exchange Centre on Gerontology and the Florida-China Linkage Institute arranged the conference, which includes
      UPI  -  141 words
    • 887 5 ARRIVALS Operator Service Local From number time GIA GA1111 0445 UPG SU SQ41 0610 MAA GIA GA7213 0655 HLP SiA SQ31 0755 PAR/ROM MAS MH640 0820 KUL KAL KE624 0840 KUL SEY HM60I 0900 SEZ MAS MH651 0910 PEN MAS MH630 0920 KUL SU SQ103 0950 KUL
      887 words
    • 156 5 Reuter THE US said on Monday it would begin implementing the sale of US$l.9 billion in FlB fighter aircraft and other arms to Kuwait after a compromise with Congress and the Gulf kingdom. State Department spokeswoman Phyllis Oakley said the sale
      Reuter  -  156 words
    • 305 5 UPI FIVE US cabinet secretaries and two other senior administration officials have warned the Senate that they will recommend a veto of a textile Dili expected before the Senate soon. In a letter released on Monday, they said the bill "would be extremely harmful
      UPI  -  305 words
    • 216 5 AP THE US Senate has voted unanimously to approve a US$3.9 billion drought-assistance bill, a wide-ranging measure that would be the most expensive di-saster-relief legislation for agriculture ever passed by Congress. The bill would extend help to hundreds of thousands of growers and ranchers.
      AP  -  216 words
  • Page 5 Advertisements
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  • COMMODITIES
    • 458 6 UPI, Reuter OIL PRICES jumped by up to 63 US cents a barrel on world markets on Monday after Iraq accepted truce terms calling for a ceasefire in its nearly eight-year-old war with fellow Opec member Iran followed by face-to-face peace talks. Prices
      UPI,; Reuter  -  458 words
    • 398 6 Bernama LOG PRODUCTION in Malaysia rose 27 per cent in the first quarter this year because of better weather conditions, but there was a temporary shortage of rubberwood due to buoyant demand in the export and local markets. The Timber Trade Review published by
      Bernama  -  398 words
    • 228 6 Bernama THE INTERNATIONAL Tropical Timber Organisation (ITTO) has signed an agreement with Malaysia to finance two projects in the country at a cost of U*****,253. The first project, costing U5584,900, is the ITTO international seminar on furniture development and promotion which began
      Bernama  -  228 words
    • 188 6 Reuter JAPANESE TERM BUYERS of liquefied natural gas (LNG) are asking Indonesia, Malaysia and other oil producers to cut LNG export prices to Japan to reflect drops in spot crude prices. According to Japanese oil industry sources. Tokyo Electric Power Co Inc
      Reuter  -  188 words
    • 137 6 AFP BANGLADESH'S jute industries suffered a loss of U*****.1 million in the five years ending June 1988, industry sources in Dhaka said on Sunday. The public sector lost U*****.4 million and the private sector lost US$BB.7 million, the Bangladesh Jute Mills Association (BJMA) said.
      AFP  -  137 words
    • 429 6 MALAYSIAN CRUDE PALM OIL FUTURES recovered yesterday to close off the day's lows on short-covering and some speculative buying, aided by a smaller-than-expected rise in July palm oil output. Trading was reduced with operators sidelined due to uncertainty over the market s trend, dealers said, adding weaker Chicago
      429 words
    • 106 6 FAMA '5% 285 Cloiing prim on Aug 9 20% 282 Coconut oil (M$/100kg) 25% 280 New drums 168.00 35% 275 2nd hand drum 162.00 Broken Rice Bulk 153.00 Local In bulk 150.00 A-l Super 245 Copra (MS/iookg) A-l Special C-1 Special 243 unq No 1 (estate) 90.00 C-t
      106 words
    • 179 6 SOYBEAN FUTURES on the Chicago Board of Trade closed down their permitted 30 US cent per bushel limit on Monday after surprise weekend rain and forecasts of lower mid-west temperatures were reported to have relieved drought damage in some areas Unfilled sell orders were estimated at four million to
      179 words
    • 174 6 LIMIT-DOWN CLOSES in corn and soybeans dragged CBT soft red winter wheat futures to a lower close on Monday after weekend rain and on forecasts of further dampness and lower temperatures in the drought-stricken midwest. "Wheat can't do anything with corn and beans locked limit-down either side," said one
      174 words
    • 222 6 Bernama INDONESIA will have to import about 400,000 tonnes of sugar next year compared with only 120,000 tonnes this year. The Indonesian Minister of Agriculture, Mr Wardoyo, has said that the government will have to spend about US$l6O million on next year's sugar
      Bernama  -  222 words
    • 160 6 THE PRICE of tin on KLTM cloeed unchanged at M 519.24 a kg in quiet trading yaataiday. Market participation waa thin aa moat traders had made heavy commitments recently and they preferred the sidelines awaiting further developments. Buyers and sellers closed deals within the first few minutes of
      160 words
    • 215 6 SINGAPORE The market was closed yesterday. MALAYSIA The market ended mixed yesterday, mainly due to lack of trading interest, reflecting the closure of Singapore for a national holiday. Trading- was listless as operators remained sidelined throughout waiting for fresh developments, but with the mixed Tokyo closing. September SMR 20
      215 words
    • 154 6 MRELB SMR MRELB prices In M onto/kg, FOB In 1 NOON CLOSE Buyers S*M*fs Buyers Stiitn tn» 1 RSS Sap 88 343.50 345.503 344.00 346.00N ln» 2 RSS OP 337JO 338.50N 338.00 339.00N UIC/Con» 334 JO 337.50N 337.00 338.00N lm 3 RSS OP 335.00 336.00N 335JO 336JON UK/Coot 334.00 335.00N
      154 words
    • 321 6 HONGKONG: The metal closed lower yesterday on active late selling by mainly Soviet interests Light local buying in the morning session became a flurry of Soviet-led sales ahead of the close. Soviet interests were estimated to have sold hundreds of thousand of ounces here. Gold ended the day
      321 words
  • Page 6 Advertisements
    • 126 6 ujcf Itapo-sap I That's news that should thrill even epicureans in QfMDA ~7\ IPI I our midst. To titillate jj tastebuds, there's Tai No •Level b> Usuzukuri (thinly sliced sea bream), Fugu Yakishimo Zukuri (lightly v broiled globefish with vinegar sauce) and \Senbazuru Kaiseki (a menu featuring 8 traditional dishes).
      126 words
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  • Page 7 Advertisements
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      417 words

  • FOCUS
    • 392 8 The following is the statement of UN Secretary-General Javier Perez de Cuellar announcing the ceasefire between Iran and Iraq. MEMBERS of the Security Council are aware that, over the past two weeks, I have been engaged in intensive diplomatic activity and achieving the implementation of
      392 words
    • 522 8 The long-awaited ceasefire in the Gulf war is now in sight. FOCUS takes a look at the war and the man behind the ceasefire agreement. Reuter JAVIER PEREZ de Cuellar, who on Monday announced an Aug 20 ceasefire in the Iran-Iraq war, has won
      Reuter  -  522 words
    • 1082 8 UPI THE FOLLOWING is a chronology of the Iran-Iraq war, in which more than one million people have been killed or wounded: Sep 22, 1960 Hostilities erupt between Iran and Iraq after Iraqi tanks rumble across the Iranian border and Iraqi warplanes attack Teheran's Mehrabad airport.
      UPI  -  1,082 words
    • 825 9  -  After a decade of economic reforms, it is no longer a capitalist sin in China to seek an edge in the fledgling free market. But the country is simultaneously enduring a boom in schemes, scams and swindles. FOCUS takes a look at corruption
      UPI  -  825 words
    • 931 9 AP THE PHONE has been ringing off the hook at the Embezzlement and Bribery > Reporting Station in the east district of Beijing ever since it opened late last month. It is a sign of the times. Corruption is everywhere in
      AP  -  931 words
  • Page 8 Advertisements
    • 110 8 Now less is more. Introducing United's smaller, more exclusive Business Class. United is happy to announce that it is offering businessmen far fewer seats in its new Business Class. Which means you can enjoy a more comfortable flight, and far more personal attention. As well as the friendly, professional care
      110 words
    • 32 8 SHANGRI-LA INTERNATIONAL IN BANGKOK WHERE ELSE BUT THE SHANGRI-LA Shangri-La hotel SHANGRI-LA INTERNATIONAL: SINGAPORE 235 1311 BANGKOK (2) 236 7777 HONG KONG (5) 810 7782 KUALA LI WW R (03) 230 6248
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  • Page 9 Advertisements
    • 320 9 Corporate Electronic Banking. Hexagon. Wbrldwide, 24-hour financial control. r'V i >}'iMils 'v. > S:. •> -fir* < £>*?is*r w•■ itM»-. m% mi js* > <*.%• mi#** I n <> "V *^vi SfS&d r ipMM 1 ME ppw^nigK E§gjgigr< yt $Br\® i V e« i ■•-v .e 1 ;> H Hexagon
      320 words

  • PERSPECTIVE
    • 496 10 BUSINESS TIMES WEDNESDAY, AUGUST 10, 1988 MOST SEASONED pundits of Thai politics were caught off-guard when General Prem Tinsulanonda turned down the invitation to be Prime Minister of a coalition government in Thailand. But, with hindsight, the signs were there. The voices clamouring for
      496 words
    • 630 10  -  By ZHOU MEI, Economics Correspondent TAIWAN is expected to sustain the current year's projected growth rate of 7.5 per cent in 1989. If necessary, the Taiwanese government may well "use its considerable reserve powers to ensure that the growth momentum is maintained", according to the latest
      630 words
    • 368 10 WHILE THE much heard of "reunification" of Taiwan and China is to date an open-ended and sensitive issue, commercial relations between the two are being pushed ahead at an amazing rate. The question today is thus no longer "if" but at what rate and
      368 words
    • 1180 11  -  There's simply not enough space in Tokyo, which is fast turning into a concrete jungle lacking in human resonance. Buildings are taking up more and more of the city and residents are getting kicked out. The problem is so severe it moved a prominent architect to
      AP  -  1,180 words
  • Page 10 Advertisements
    • 210 10 > >-# imam > v-.,i f&a£Sog ■-•Mffj :^sv 4 b i| v. -.8- i J m... E VSzA* i <i .->V t 1 -3 A HOME. NOTA HOTEL. There's no place like home. Especially after being away for a few weeks on a business trip. But now, in Singapore, The
      210 words
  • Page 10 Miscellaneous
    • 1318 10 LeT me consult U}HAT y QO GL LUNCH ToDPiV J VBOOK > Lx)6DNE.SDP>V I »2. 30 to US \Fißnn s 1.15 TO I 30 S/CK 6ftyPumP to aoiD Baa® Is 12 PM Opening and Programme HigNights followed by Videofashion Monthly New Proportion!. In this week's issue, we see how brand
      1,318 words

  • Page 11 Advertisements
    • 189 11 counting on teamwork •>» •WV ji ~v vr V'i. v -"V- > 4 *€i J sfcv 3s V >« Vl'« OK M W«£ J' wV V r \v/vV mmgS kLi. M4PW .ttiri/'!V//" JE >*» i: w<>:s3K?<s? St < r > ir 'VX V A'*. r 1 s^\ ;4 v.f iW
      189 words
  • Page 11 Miscellaneous
    • 634 11 raiWKMaa ®a^sa(MD CRYPTIC PUZZLE ACROSS 1 A little light is shining (5) 6 Spacious as an apart^ ment house (5) 9 A letter, I see, changed into a story (7) 10 Surgery that's hard work (5) 11 Swear to find new cures (5) 12 Blemishes on one's exam paper? (5)
      634 words

  • SPORTS & LEISURE
    • 387 12 UPI DEFENDING CHAMPION Gary Player shot a four-under par 68 on Monday to defeat Bob Charles by two strokes in an 18hole play-off for the 1988 US Senior Open golf title in Medinah, Illinois. Player, who won the Senior Open at Brooklawn Country
      UPI  -  387 words
    • 431 12 UPI 808 KNEPPER scattered five hits over 7 1-3 innings last Sunday and the Houston Astros took advantage of two wild pitches and two balks by Los Angeles pitchers to score a 4-2 victory over the Dodgers in Houston. Knepper, 12-3.
      UPI  -  431 words
    • 613 13 THE American Olympic swimming trials began on Monday with a roar. In the morning heats, Matt Biondi and Angel Myers broke American records, Janet Evans swam her usual fast race, John Moffet qualified for a final the hard way, and Carrie Steinseifer and Sandy
      613 words
    • 432 13  -  By CHARLES SAVAGE SINGAPORE'S combined pace and spin attack ripped through fragile Perak batting to set up a resounding seven-wicket win for the Republic in a J&B Rare Cricket Carnival match at the Singapore Recreation Club yesterday. Against opponents who simply failed to apply
      432 words
    • 151 13 AP A MAN was missing and five people capsized in heavy seas yesterday within hours of the start of the Around-Australia Yacht Race, which organisers dubbed the world's toughest. Police threatened to prosecute organisers of the 14,000-km race, saying it was foolhardy to allow
      AP  -  151 words
    • 890 13 UPI DALEY THOMPSON would never be mistaken for an English gentleman. Although adept at turning on that British charm, he's often rude to youngsters asking for autographs and can be arrogant, argumentative and, sometimes, downright crude in his behaviour away from the athletic field. Even when
      UPI  -  890 words
  • Page 12 Advertisements
    • 242 12 (Ma/fantwS Where to eat, drink h 'si 1 w m r rap c o ?vieiQH'Pol£ay a band with a faraway name but who's right at home with the crowd at Treetops Bar... 8 pm onwards. A Singapore ORCHARD'S TRIBUTE TO OUR NATION August 1-14 We are going all out for
      242 words
    • 158 12 MING COURT HOTEL DIAN XIN BUFFET *mr > Our Dian Xin buffet lunch spread will also include authentic Cantonese dishes like Braised Beef Brisket in brown sauce, Red Braised Chicken in vinegar, Fried Black Fungus with shredded meat Enjoy rich wholesome Dian Xin specially prepared by our Hong Kong chef
      158 words
    • 228 12 DEUCIOZO HYATT Mama Mia! Pete's Race introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary bowl of salad
      228 words
    • 146 12 I Every second's on-the-house! The Fountain Lounge is Bowing with the good times Between 5 and 8 pm daily, for every drink you order you get your next FREE And bottle purchases are at 25% less. There's no happier time to enjoy your favourite drinks and some of the best
      146 words
    • 229 12 The Matterhom beckons! Savour the works of Swiss masters at the Belvedere. In our month-long fair stretching from August 1-31. With Jellied trout, Rindsroeflschen, 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
      229 words

  • Page 13 Advertisements
    • 467 13 and entertain ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOtCK Oh MAIN COURSES. p.\L\l W For between $26++ and $40+ „pi I > ou can select from our appetiser OKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish
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      70 words

  • BANKING AND FINANCE
    • 732 14 Bernama A MEMORANDUM of understanding has been signed between the central banks of Malaysia and Iran, removing the last obstacle to a smooth flow of trade between the two countries. The accord was signed by Bank Negara governor Tan Sri
      Bernama  -  732 words
    • 275 14 Reuter THE JAPANESE Finance Ministry has decided to further deregulate interest rates on large-lot time deposits from November, according to ministry officials. They said on Monday the ministry would lower the minimum size of deposits with unregulated interest rates to 30 million yen
      Reuter  -  275 words
    • 462 14 AFP BRITISH INTEREST RATES rose to their highest level since March last year after the Bank of England lifted its money market lending rate to 11 per cent in a bid to dampen inflationary pressures on the economy. The half-point
      AFP  -  462 words
    • 1063 14 Reuter KUALA LUMPUR: The US dollar closed at 2.6415/25 and the Singapore dollar at 129 30/40 yesterday. JAKARTA: The US dollar was fixed at 1693/1699 yesterday. HONGKONG: The US dollar closed slightly lower yesterday in quiet trading as operators waited for new factors. "Corporate traders
      Reuter  -  1,063 words
    • 473 14 AP A SPECIAL MISSION charged with getting new loan commitments from foreign commercial banks left Venezuela on Monday amid growing frustration at the country's inability to escape from the vicious circle of foreign debt problems. The team, headed by Finance
      AP  -  473 words
    • 120 14 Reuter MOODY'S Investors Service has affirmed at AA-2 Bank of Tokyo Ltd's senior debt ratings. About US$2 billion of debt is affected. Moody's said the action reflected Bank of Tokyo Ltd's purchase of Union Bank Corp and its unit Union Bank will not rep- resent
      Reuter  -  120 words
    • 586 14 Reuter SEVEN MAJOR British banks, including the four big clearing banks, have signed an agreement to reschedule their part of Brazil's US$62 billion medium term debt and to provide about (JS$5.2 billion in new money, banking sources said.
      Reuter  -  586 words
    • 560 14 Reuter THE AMERICAN DOLLAR is riding high but economists say it may fall again before long, probably under the weight of the still-huge US trade deficits. The dollar on Monday closed in London above 1.9 marks for the first time since Jan 9,
      Reuter  -  560 words
    • 183 14 Reuter AMSTERDAM-ROTTERDAM Bank NV (Amro) is expected to announce higher first-half 1988 profits today, with analysts' earnings expectations between 4.75 and 4.94 guilders per share after first-half 1987's 4.48. The forecast rise is based on what analysts see as a firmer grip on
      Reuter  -  183 words
  • Page 14 Advertisements

  • COMPANY NEWS
    • 412 15  -  By ROSIE TAN FEDERAL CABLES. Wires Metal Manufacturing has appointed a Queen's Counsel to help sort out its one-and-a-half-year problem of forged share certificates. The QC from Australia flew into Kuala Lumpur recently to investigate the overissue of certificates for 8.6
      412 words
    • 171 15 Bernama INNOVEST BHD has acquired the Shakey's pizza franchise in the South-east Asian region through its takeover of a company called Grossvent Sdn Bhd (GSB). Innovest said GSB had entered into an agreement with Shakey's Pizza Sdn Bhd to buy its pizza restaurants in Malaysia, using the
      Bernama  -  171 words
    • 1148 15 □(MM? The Economist FOREIGNERS are baffled by the seemingly unstoppable rise in share prices in Japan. The Tokyo stockmarket hit a new high on Aug 2. when the Nikkei 225-share index closed at 28.366.33. The index was trading on a prospective price/earnings
      The Economist  -  1,148 words
    • 398 15 Current payment Ex data Books rloee Data payable Total lor the year Total lor last yaar Aiax Hldgs 6%lb> Aug 30 Sep 9 Sep 26 6% 6% B Sambowong 35%lol Jul 19 Jul X Aug 12 35%lol 20% Batu Kawon 5%l Jul 27 Aug 11 Aug 22 5%
      398 words
    • 153 15 Reuter "GOLD and nothing else" drove Hongkong's Hang Lung Development Co Ltd to buy the ailing Australian company Parry Corp Ltd. Hang's Lung managing director S S Yin said "Journalists always ask what drove us to acquire an overseas company which was beset with serious
      Reuter  -  153 words
    • 523 15  -  DBS understood to be working on flotation of paper products company By KEVIN GWEE RIDING HIGH on the paper and paper-related industry boom. Hiap Moh and Company Pte Ltd is planning a listing on the second securities market. Sesdaq. DBS Bank, which managed the most
      523 words
    • 522 15 MBT THERE IS NO DOUBT that Promet Bhd will turn around in the current year, according to the group s chief executive Brian Chang. But he declined to elaborate. He pointed out that the company had been through a difficult period but
      MBT  -  522 words
    • 350 15 MBT HARRISONS Malaysian Plantations (HMPB) yesterday proposed a one-for-one bonus issue of 422.99 million shares of Msl each. The entitlement date will be determined later. The bonus shares will rank equally with the existing shares from the date of issue inclusive of
      MBT  -  350 words
  • Page 15 Advertisements
    • 245 15 /gg\ OVERSEA-CHINESE BANKING \Mn CORPORATION LIMITED (Incorporated in the Republic of Singapore) The Directors are pleased to announce the following "1988 1987 Increase The Group The Bank The Group The Bank The Group The Bank Ss'ooos SS'OOOs Ss'ooos Ss'ooos 1 UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1988
      245 words

  • REGIONAL MARKETS
    • 3436 16 SHARE PRICES recovered from an uncertain start to close mixed with a firmer bias on the Kuala Lumpur stock market yesterday. Trading picked up in the afternoon but overall volume was lower than Monday's. The New Straits Times Industrial Index closed with a loss of
      3,436 words
    • 1411 16 Hongkong HONGKONG share prices drifted sharply lower yesterday on technical selling, as the fear of rising interest rates and a lack of direction overseas prompted selling from local investors, brokers said. The Hang Seng Index finished at 2,634.04, a drop of 25.06 points. Turnover was HKJS7O million,
      1,411 words
    • 93 16 AFP BEIJING'S top investment firm, China International Trust and Investment Corp (Citic), is considering going public in Hongkong. There s been talk around the market lately that people from Citic have been discussing listing possibilities with several merchant banks," a Hongkong stockbroker said. jCom- merits were
      AFP  -  93 words
    • 488 16 Reuter TOKYO share prices closed down, but off their lows yesterday, with no major buying incentives to jolt a market caught up in listless summer holiday trade. Investors were more interested in the ongoing national high school baseball tournament than the market, dealers said. "It's just dead," said Joan
      Reuter  -  488 words
    • 455 16 Reuter THE AUSTRALIAN share market turned around to cloee at post-crash highs on strong local and foreign demand for blue-chip stocks yesterday. Brokers said the strength of the market took them by surprise after its poor start. "I would think this is one of the better turnarounds we have
      Reuter  -  455 words
    • 162 16 Reuter THE SECURITIES Exchange of Thailand Index lost 0.46 points to 470.99 yesterdsy on a turnover of 5,330,109 shares worth 594.75 million baht. AUG M KAMI r Ao Kham Thai 460 Ayudhya Invaamm 470 Bangkok Aground 120 i -6 4 •1 Bangkok Bank 323 BartfOf -2 Charoong Thai Wira
      Reuter  -  162 words
    • 286 16 AUG M 1 All S4nc*ra Indus Asia Comsnt Cathay Cons Chang Hwa Bank Chsng Loong Chi a Htm Camsnt Chin Hsin Flour China Chsm «T S 6 5 102 00 133 90 863 00 45 80 77 00 32 80 58.50 258 00 0 56 0.5 3.5 25 1.4
      286 words
    • 113 16 Reuter TAIPEI stocks soared past the 7,000-point mark for the first time yesterday to the sound of firecrackers and popping champagne corks. Less than two weeks after the index topped 6.000 points, gleeful brokers were once again setting off fireworks and uncorking champagne as hectic
      Reuter  -  113 words
  • Page 16 Advertisements
    • 681 16 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND COLD STORAGE TRADING PTE LTD At an Extraordinary General Meeting of the Company held on 3 August 1968, at 176 Orchard Road. #06-01 Centrepolnt, Singapore 0923. the following Resolutions were passed:— 1. SPECIAL RESOLUTION WINDING UP RESOLVED that the
      681 words
    • 556 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOGETSU ARTS (SINGAPORE) PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION 290(2) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at No.
      556 words
    • 409 16 LOST SHARE/TRANSFERABLE SUBSCRIPTION RIGHTS CERTIFICATES The following Share/Transferable Subscription Righto (TSR 1993) Certificate*/ together with the relevant signed transfer deeds have been reported lost or destroyed:NEPTUNE ORIENT LINES LIMITED Certificate No. In the name of No. of Shares/ TSR *****88 *****46 *****03 ******42/5 ******91 Lee Seah Mr Tan Stew Khim
      409 words
    • 7 16 Manila and Seoul prtcea war# not available
      7 words

  • WORLD MARKETS
    • 1027 17 New York Reuter US STOCKS sank in late trading to finish lower on Monday, hurt by the perception that interest rates are headed up and by a surge in crude oil prices. Analysts said results of a US Treasury bill auction, which showed a rise
      Reuter  -  1,027 words
    • 1034 17 London Reuter LONDON equity prices opened mostly easier yesterday in low turnover after an early modest mark-down in the wake of Monday's unexpected halfpoint rise in UK base rates. At 0815 GMT, the FTSE-100 Share Index was 4.2 points off at 1,871.2 on a volume of
      Reuter  -  1,034 words
    • 983 17 Selected indices HONGKONG Hongkong Index Tuesday 1.741 04 Monday 1.***** Week ogo 1.786 06 All Industrial] Tuesday Monday Week ago NEW YORK 2.648 7 2 629 4 2.5784 Hang Seng Index Tuesday 2.634 04 Monday 2.659 10 Week ago 2.701 09 Dow Jones Monday Friday Week ogo 2.107 39 2.119
      983 words
    • 276 17 Reuter A TAKEOVER battle for La Suisse, a Lausanne-based insurance company, has boosted investor interest in Switzerland's small and medium-sized insurers and sent their share prices soaring, analysts say "People on the bourse have realised that insurance shares are undervalued," analyst Bruno Hauser at
      Reuter  -  276 words
    • 442 17 Three parties keen on group FT GRAND METROPOLITAN, the UK brewing and food group, has started an auction for its Intercontinental Hotels group with its starting price around £1.5 billion. The UK group said it had been approached by several parties over
      FT  -  442 words
    • 496 17 Reuter PUBLISHER Rupert Murdoch's US$3 billion purchase of US Triangle Publications Inc is unlikely to prompt him to sell his 20 per cent stake in Pearson PLC, owner of the London Financial Times newspaper, analysts said. "I doubt if he's going to relinquish his
      Reuter  -  496 words
    • 352 17 NYT THE HERSHEY Foods Corp has agreed to sell its restaurant subsidiary. the Friendly Ice Cream Corp, to the Tennessee Restaurant Co for about US$375 million. Friendly owns and operates a chain of about 850 full-service restaurants in 15 states, primarily in the
      NYT  -  352 words
    • 537 17 Reuter TAIWAN'S 'Big Bang' stock market liberalisation is attracting few international securities firms. The market, which is Asia's fastest growing bourse, broke through the 7,000-point barrier yesterday Foreign companies, allowed to invest in local brokers for the first time, have been scared
      Reuter  -  537 words
    • 106 17 Reuter RANKS HOVIS McDougall PLC has issued a further rejection of Goodman Fielder Wattie Ltd's contested £1.7 billion bid for thecompany Following Monday's publica-*... tion of GFW's offer document;' 1 RHM said in a statement it found no reason to change its view
      Reuter  -  106 words
  • Page 17 Advertisements
    • 8 17 Zurich, Vienna and Stockholm prices were not available
      8 words
    • 147 17 Consult Master Tan Khoon Yong between 12 noon to 8 pm daily for an appointment now. <x*s WAY CHINESE GEOMANCY CENTRE I Rwhor Road. *03-18/81-03 t/ Fu Lu Shou Complex St)7lB Far *****05 LOST SHARE CERTIFICATES The following shore certificates hove been reported lotf. destroyed or mislaid RALfIOM BfRHAD A
      147 words

  • 517 18  -  Plans for shared-ATM network progressing well By ALVIN TAY, Financial Editor NETWORK for Electronic Transfers Singapore (Nets) Pte Ltd, the company which runs the cashless shopping and payment service here, has agreed in principle to admit Asia Commercial Bank
    517 words
  • 532 18  -  By LILIAN ANG SOME 120 HECTARES of land near Desaru beach are to be converted into a holiday resort with a ferry service which will link the proposed seafood and recreational centre to Singapore. The Msl27 million project by West End
    532 words
  • 130 18 Reuter IRAN'S military chief Ali Akbar Hashemi Rafsanjani ordered the armed forces yesterday not to start any military action against Iraq following the declaration of a ceasefire. "The armed forces should not start any armed action as of today," Teheran Radio quoted the
    Reuter  -  130 words
  • 301 18 Reuter WORLD OIL STOCKS are now at their highest level since 1982, with many countries storing 100 days' supply, Indonesian Energy Minister Ginanjar Kartasasmita said yesterday. He told reporters in Jakarta that prices were unlikely to recover much until October because of the huge
    Reuter  -  301 words
  • 273 18 QANTAS and Singapore Airlines will be increasing their flights between their respective home bases from October this year to meet the high demands by travellers, said Or Lee Boon Yang. Or Lee, the Minister of State (National Development Home Affairs) was
    273 words
  • 72 18 AP THE INDONESIAN government has named Mr Faizal Abdaoe the new chief executive of the state-owned Pertamina oil company, replacing Mr Abdul Rachman Ramli. Mr Abdaoe. currently finance director of Pertamina. will take over from Mr Ramli on Aug 19, Mines and Energy Minister Ginanjar Kartasasmita
    AP  -  72 words
  • LATE FILE
    • 67 18 AFP A FORMER Barclays Bank executive who faced charges in connection with the defunct Carrian group pleaded guilty yesterday to two counts of accepting a bribe. Stuart Turner, 41, former executive director of Barclays Asia Ltd, admitted in a district court in Hongkong to have accepted
      AFP  -  67 words
    • 37 18 AP COMMERCIAL AIRLINES carried nearly 88 million passengers in the first half of this year, up 6 per cent over the same period last year, the International Air Transport Association said yesterday. AP
      AP  -  37 words
    • 51 18 Reuter KUWAIT pledged yesterday not to raise its 21.68 per cent stake in oil giant British Petroleum Co PLC. assuaging takeover fears in Britain. The London-based Kuwait Investment Office signed legallybinding deeds which oil analysts said effectively promised not to mount a takeover of BP.
      Reuter  -  51 words
    • 44 18 AFP PHILIPPINE President Aquino yesterday called for a new body to be set up to draft a repayment scheme for the country's US$2B.6 billion foreign debt. The new group would comprise members of the government and parliament. AFP
      AFP  -  44 words
    • 23 18 AFP FRANCE plans to reopen its Phnom Penh embassy before the end of 1968, Radio Hanoi has announced. AFP
      AFP  -  23 words
    • 47 18 UPI MOHAMMAD ALI Hammadi, a Lebanese arrested in West Germany in January last year, confessed yesterday he was one of the hijackers who forced a TWA jetliner from Athens to Beirut in 1965 but denied he killed a US Navy diver. UPI
      UPI  -  47 words
    • 28 18 AP A JAPANESE company on Monday became the first foreign firm to "buy" land from the Chinese government in public tender bidding. AP
      AP  -  28 words
  • 239 18 THAI Prime Minister Chatichai Choonhavan named a Cabinet yesterday with his Chart Thai Party controlling the key defence. interior, finance and industry ministries. Mr Chatichai, a 66-year-old retired major-general who was deputy premier under his predecessor Prem Tinsulanonda, also took over the post
    239 words
  • 260 18 Reuter BURMA yesterday stopped granting tourist visas amid violent anti-government riots sweeping the country. "We have suspended temporarily issuing tourist visas from today on instructions from Rangoon. I do not know the reason." said First Secretary Saw Tun at the Burmese Embassy in Kuala
    Reuter  -  260 words
  • 88 18 Reuter STRIKES are increasing in China as workers and managers argue over economic reforms, a top union official said yesterday Forty-nine strikes were reported to the All-China Federation of Trade Unions from January to June this year but more certainly took place, said Chen Ji. a
    Reuter  -  88 words
  • 627 18 Agencies THE MALAYSIAN Supreme Court yesterday dismissed an appeal by 11 former Umno members against the High Court decision rejecting their suit for a fresh Umno general assembly and party elections. Lawyers in Kuala Lumpur said the ruling saved Prime Minister Datuk
    Agencies  -  627 words
  • 101 18 Reuter COMEX GOLD futures eased in nervous early dealings yesterday, with many operators apprehensive that weak holders may liquidate long positions, traders said. October fell US$l.9O to U*****.20 after trading a highlow U*****.30 /U*****.60. Analysts said spot August may test the July low of U*****.30 if
    Reuter  -  101 words
  • Page 18 Advertisements
    • 90 18 Country Risk Report THAILAND Our latest 48 page report is an invaluable strategic planning tool that will help you to identify, evaluate and minimize medium-term business risks in Thailand. Available now at Ss2oo per copy. To order or request for more information, contact Brace Gale at RISK CONSULTANCY PTE. LTD.
      90 words
    • 8 18 Iran-Iraq caasaflra •at for Aug 20, PAGE 4
      8 words
    • 8 18 Oil prtcas climb on true* nm, PAGE 6
      8 words
    • 9 18 Mor« than 700 arrested In Rangoon protests, PAGE 4
      9 words
    • 308 18 Leader, PAGE 10 "Master off Arts in Education" (Human Resource Development) The George Washington University School of Education and Human Development The Singapore Institute of Management in conjunction with The George Washington University, invite applications for the Master of Arts in Education (Human Resource Development) programme commencing March 1989. For
      308 words

  • SHIPPING TIMES
    • 384 19  -  By LINDA CHEE BENGAL Tiger Line has decided to introduce a second 340TEU vessel into its Singaporeeast coast of India common feeder service. From early September the feeder container ship Susak will join Tiger Bay to provide main line operators with
      384 words
    • 365 19 Lloyd's List LLOYD'S Register has failed to attract a single buyer for its marine "black box" despite marketing the safety device for nearly a year. Interest in the voyage data recorder (VDR) developed by the British classification society after years of research appeared
      Lloyd's List  -  365 words
    • PORTSIDES
      • 108 19 Reuter UNDERWRITERS at Lloyds are still showing reluctance to lower hull war risk insurance premiums for vessels trading in the Mid-East Gulf, despite news that the War Risk Rating Committee had set lower insurance rates for cargoes for most loading areas ahead of an expected
        Reuter  -  108 words
      • 143 19 A DUTCH methane tanker ship which sank while carrying a dangerous cargo of liquefied gas was refloated, the Dutch Coast Guard announced. The 1,597-ton Anna Broere, foundered in around 32-me-tre of water after colliding with a Swedish cargo ship, the Atlantic Compass, on May 27. Experts
        143 words
      • 60 19 AFP Reuter A TYPHOON struck China's southeast province of Zhejiang on Monday, killing more than 50 people and leaving 110 fishermen missing, officials said. Fourteen fishing boats sank at sea and seven vessels were missing, the New China News Agency said. A local official said yesterday
        AFP; Reuter  -  60 words
    • 668 20 Reuter THE EVENTUAL ending of the war in the Middle East Gulf is likely to result in increased oil output in Iran and Iraq while there is likely to be a slight rise in the effective transportation capacity of
      Reuter  -  668 words
    • 893 20 A West Monhe Energ XI AB Shpg V ABSS Shpg XN ABC Container IX Accord Shpg VI Ahrenkiel liner X AHtront VII AC Toepfer XI Americon Tpt N Anro Service IV Arrow lines IX Anon Oceon XI Assoc Corrioge XI AHos line X ANl 1 A PC
      893 words
    • 264 21 Reuter CANADIAN PACIFIC, which earlier reported higher second quarter profits, said it expects a "good performance' in the second half of 1988 It said it is concerned about the impact of Western Canadian drought conditions on rail grain revenues, the continuing volatility of world
      Reuter  -  264 words
    • 171 21 Reuter ISOLATION of the Piper oil field in the British North Sea sector from five associated fields will start soon, according to a spokeswoman for operators Occidental Petroleum (UK) Ltd of Occidental Petroleum Corp. Crude production from the six fields amounting to
      Reuter  -  171 words
    • 722 21 HOPES that the dry cargo market will shortly stabilise were encouraged by a fairly small variation in rates over the past week and by the approach of autumn, a traditionally more active period. The Biffex (Baltic International Freight Futures Exchange) index slipped a mere five points over the
      722 words
    • 143 21 AFP SIX FILIPINO sailors whose ship broke up and sank in heavy seas flew out of Australian on Monday on their way home. The six spent 29 days drifting in a life raft off the Western Australian coast before being picked up by a Greek freighter
      AFP  -  143 words
    • 9522 26 AARHUS B Surie. ScsrDulcht Aug 9 Vill. <M Jupiter CM 0 Atrenement Aug 10 Ever G'Mt Ev.rgr..r Aug 10 Luna Ma.ru Marin Lm Aug 11 Rhin. Meru Triol. Aug 12<PK) Sha Ha. China Oc.an Aug 13 Ming Prominence Yang Ming Aug IS
      9,522 words
    • 1227 26 FRESH Panama* grain chartering was slow to develop on Monday out of the US but various smaller vessels were reported fixed for such business with rates tending easier, although some details were hard to ascertain, shipbrokers said Three grain cargoes were covered from the Gulf to east coast
      1,227 words
    • 2034 28 A—o AB Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkie! Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American President Lines
      2,034 words
  • Page 19 Advertisements
    • 764 19 TIMES STP Distributors OOCL Orient Ovt njt»s Comluhm Line WW/ Agents JARDINE SHIPPING AGENCIES (R<*c No *****4 OOK) 200 Cantonment Road #12 05 Southpom!. Smgapo'e 0208 Tel *****11 TELEX NO RS ***** TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING ACENCIES SDN BHD PORT KELANG TEL
      764 words
    • 75 19 mm THE EVENTUAL ending of the war in the Middle East Gulf is likely to result in increased oil output in Iran and Iraq while there is likely to be a slight rise in the effective transportation capacity of the tanker fleet, London shipbroker John I Jacobs said. Page II
      75 words
    • 835 19 vV V -4% o.O° V' h» 4 TIMES STP Distributors Timet htMwi| Croup MAERSK LINE MAERSK RAPID TRAIN IS THE FASTER TRACK TO U.S. GULF th» me* Luna M CY 10/8 2300 MRS CFS 10/B 1300 MRS To Europe— UK Scandinavia Finland ANT ROT BflV I HAM M Mondo Sailed
      835 words

  • Page 20 Advertisements
    • 659 20 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT RHINE MARU TOKYO BAY FRANKFURT EXPRESS HAMBURG EXPRESS LA SEINE LONDON EXPRESS BENALDER BENAVON ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST, DUBLIN. COPENHAGEN. AARHUS GOTHENBURG MALMO HELSINKI OSLO AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT CALLING AT #KOBE 5/9. #TYO 8/9
      659 words
    • 57 20 Lines and services represented by /*w Members of the Registry ot Accredited Shipping Agents. Singapore National V\, Shipping Association. V. BUSINESS FOR SALE ESTABLISHED VIABLE AND FULLY LICENSED SHIPPING AGENCY COMPANY WITH EXISTING STAFFS AND PRINCIPALS HAVING OFFICES IN PORT KLANG/KUALA LUMPUR FOR IMMEDIATE SALE/TAKE OVER. INTERESTED AND GENUINE PARTIES
      57 words
    • 757 20 <3 C SAV Corrpjnu Sud Americanj dc Vjpcrcs S A SERVICE TO/FROM CHILE rtEDCR IS'PORE IWTHU VESSEL HK TOKO ARKA IQQ ANTOFVALP SAi VtSStL CSAV2 11* CAR CARRIER (2) 2M Wfi M CSAV 3 HK ATCAMA V *357 1/1 11/10 9/11 22/ l» 2S/M 2VII CSAV 1 _W A VESSEL
      757 words

  • Page 21 Advertisements
    • 1266 21 The Straits Steamship Group ijJar. Mansfield Container Shipping Re Ltd K P&O Containers COWHHCRSHIP SERVICE to utT/cowiitcwf 7 STRAITS SHIPPING Singapore to Sabah, Sarawak. Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK PEGASUS PROGRESS VU9N 14 IS Aug 17 II Aug PEGASUS PROGRESS VS4ON 22 23 Aug 25» Aug BANGKOK
      1,266 words
    • 650 21 SGS I NSPECTION MARINE SURVEYS (IN 140 COUNTRIES WORLDWIDE) SGS SINGAPORE (PTE) LTD 71, AYER RAJAH CRESCENT #07-18 AYER RAJAH INDUSTRIAL ESTATE SINGAPORE 0513 TEL *****50 (MARINE DEPT./INDUSTRIAL DIVISION) TLX: SGS RS ***** FAX: (65) *****27 T/GULF OF ADEN AND RED EA PORTS CONFEREN J Notice to Shi Congestion 8
      650 words

  • Page 22 Advertisements
    • 507 22 HXSINOSE Efi MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore 22H Loading (or BANDAR ABBAS IKYOWAi KYOWA LINE PNG/S. PACIFIC SERVU DARA SAMUT Singapore Loading for: 8/9 LAE, PMB, HRA MICRO! lIA SERVICE OCEANIA EXPRESS V-19 25/8 OCEANIA EXPRESS V-20 11/9 ASIAN LILY V-43 HK LOAD
      507 words
    • 906 22 FULLY CONTAI TO EUROPE Vl* SUEZJA &.L.INE Ml* Cf"'*■"<*» N E R I S E_D_ SER VICE Member of Ihe Ace Convorti'im Sf» BU LA 27 8 9*9 •FDRMOTHER VESSEL OCH 60€ HANJIN SEOUL KE OCH 60E KOREAN WONIS SEVEN S3E T*B 43E HANJIN KUNSAN ME TWB 43E/E HARU 2E
      906 words
    • 208 22 AUSTRALIA/ NEW ZEALAND EURO-AFRICA SERVICES PORTO, LISBON, OR AN, BILBAO 14/8 23/8 MADRID, MALAGA, MELILLA, TANGER, TENERIFE. LASPALMAS, ALGIER TUNIS, VALLETTA, IRUN, CEUTA ISTANBUL FAR EAST PORT KELANG PENANG s 20/8 13/8 BANGKOK 14/8 19/8 HONG KONG 15/8 24/8 KOBE 16/8 20/8 MANILA s 14/8 21/8 TOKYO/YOKOHAMA 17/8 15/8 KEE
      208 words
    • 731 22 ©EVERGREEN 1 \#SCjr r..n Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GENTLE 18# 22# 24# 25/1 27# 30* 3 EVER GENTRY 24# 21/1 301 31/1 2# V* I EVER GATHER 211 1# ift 4/9 t/9 I*9 13 EVER GOVERN 41 Ift 101 111 131 161 l! EVER GARDEN U/»
      731 words

  • Page 23 Advertisements
    • 639 23 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 •Singapore 0106. Tel: *****33 CHINA NATIONAL FOREIGN TRADE TRANSPORTATION CORPN TIANJIN BR TRANPAC SHIPPING ENTERPRISES LTD, HONG KONG PACIFIC INTERNATIONAL LINES (PTE) LTD, SINGAPORE JOINTLY OPERATE FULL CONTAINER LINER SERVICE XINGANG/SOUTHEAST ASIA/XINGANG VESSEL SEA DRAGON INB SINGAPORE 28/8/88 SHIP'S AGENTS
      639 words
    • 595 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT [tlifM Miry lit raniifurl [iprns liwfcurg Exprns EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAM 6 HAVEN R QAM HAVRE STON P KLANC POME FOR rjnkturt Eiprtu Sj>wd SjnM Sj >«! Sjiiad Sjii«d Si.ltd 10,1 HKC I Sain* Si <0 Sj «J SliM SiiM
      595 words
    • 420 23 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 SINGAPORE TO EUROPE SRIWIJAYA/24W8 OCEAN PRIMA/11WB KUTAI/15WB ANTWERP H'BURG/ RDAM/ADAM BREMEN 14/10 18/10 19/10 22/10 24/10 28/10 Subject to Inducement. Also accepting cargo to Casablanca, Port Said. Port
      420 words
    • 343 23 BOUSTEAD SHIPPING AGENCIES HTONEYWA V237W PAGAN VI3IW PA-AN Vl2l* BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok 11/13 Aug 14/11 AUG 19/71 Aug tej* BANK UNI SEMI CONTAINER SERVICE NORTHBOUND TO UKC FORTH BANK V22N IVY BANK V22N TAUSALA SAMOA VI3N SPORE
      343 words

  • Page 24 Advertisements
    • 600 24 Q KAWASAKI KISEN KAISHA, LTD. K'lini N. AMERICA-ATLANTIC COAST HFX 21/9 2819 5/10 12/10 CHLS 13/9 20/9 27/9 4/10 NYC 17/9 24/9 1/10 8/10 NFK 15/9 22/9 2919 6/10 •INDO 7/8 14/8 21/8 28/8 •PK/PNG 8/8 15/8 22/8 29/8 NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET •PK PNG 'INDO
      600 words
    • 309 24 Accepting LCL and containerised cargoes Direct to South Africa S'pore I Durban P.Eliz VAAL 5937F VIRGO 0602 F NEDLLOYD COLOMBO V 6036F OSAKA MARU 5740G \WUt rrrm JAROINE SHIPPING AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAD #12-05 SOUTHPOINT. SINGAPORE 0? Tel: *****11 TELEX NO RS ***** TERMINAL CFS Tel *****18-220
      309 words
    • 723 24 ///<? KALIDAS V 38 TULSIDAS ¥.37 KALIDAS 39 TULSIOAS V.38 AIKTRAI IA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P Helang Ptnang loading tor Mother Vsl By Feeder Br Feeder <38 IS Aug 8 Aug 8 Aug Frem «Wb S»dn Adct V 37 8 Sept 1 Sept 1 Sept Frem
      723 words
    • 697 24 GOLDEN LINE W3 £>1 GUAN GUAN SHIPPING (PTE) LTD V 21 Trtoti Ay«f StrMt SINGAPORE 0104 TEL U4MB (10 LINES) Fai SJ4JSW STRAITS/PERSIAN GULF SERVICE: Spore P Kelang Penang GOLDEN HAVEN Colombo Karachi Dubai In Port GOLDEN BEAR Colombo Karachi Dubai 20/73 Aug CHINA SERVICE BAI TUN SHAN Shanghai HsinKang
      697 words
    • 483 24 v PHIU OniCNT LINCS PTC LTD V® AFRO ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHILI fA* *****76 EAST/FAR EAST FCL ft LCI SERVICE ETA SINGAPORE] DESTINATION DUBAI DAMNAN KUWAIT BOMBAY DOHA MUSCAT BAHRAIN ABU DHABI t SHARJAH JEOOAH (LCL) 16/1. 20 NEW GENCORO 11/1 iiwMvm l-l. MMM-'IVM WM'.rnTi LATTAKIA.
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  • Page 25 Advertisements
    • 903 25 NEPTUNE AGENCIES PTE LTD. FE EU/AUST T PA/SEA General Enquiries: Tel: *****77 Terminal CFS BOOKINGS *****53 *****42 *****22 *****53 27*119 27*111 \\NEPTUNE ORIENT LINES LTD S£" SSSI J .Bahru NEPLINE SON E SERVICE A ol ACE Consortium TO EUROPE/UK (V I A SUEZ): I p Kelang Spore Havre Fstowe Rdam
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    • 469 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, KEELUNG, BUSAN, INCHON STRAITS/KOREA SERVICE WEF JUNE:1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE !l SERVICE!! 10 DAYS SERVICE tl Vessel s Name ETO BS S PORE PKELANG KEE KEE BUSAN MOJI Gloria/*)7N 0408 15-17/01 18-1»« 27-27»
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    • 834 25 Oil 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 Telex Numbers RS ***** RS ***** RS ***** PENANG P. KELANG MESSRS HAI THONG SHIPPING 127 Penang Street Penang, Malays* M/S HANDLING SYSTEM CO
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  • Page 26 Advertisements
    • 174 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA RS ***** A B SSCAD INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -Vl* LARNACA ACCEPTING CARGO FOR LIMASSOt BEIRUT. LA TT AH IA ALEXANDRIA, PORT SAID, PIRAEUS,
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    • 78 26 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN KABUKI VU SOVEREIGN ACCOf CONTINENT VU HERMES ACE VU KABUKI VU SHOFUKU AGENCIES (S) PTE LTD TEL: *****68 W MALAYSIA AGENT: TRANS-ASIA SHIPPING CORP. TEL: K.l *****77 PKL *****64 PNG *****2 I gßal COMPAGNIE MALGACHE DE NAVIGATION H
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  • Page 26 Miscellaneous
    • 160 26 a Sri Regional Weather V Ss vs n 4 m r j <4 I g •LaV SIGNIFICANT WEATHER AND SEA CONDITK>MS AT 7JO A.M. August 10, 1988 "c O" Wind direction witti speed <r\ knots R Thunderstorm •<- A A howef Weather _X Wmd cVecton with speed m knots Ran
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  • Page 27 Advertisements
    • 1855 27 AT CONVENTIONAL WHARVES VMMI KEPPEL WHARVES Als Dedication Fengtoo Onward Soldiers Tour lour Golden Haven Koto Pelongi Straits Hope Allied Chemi Eastern Glory Gwardio ludo Kop Smirnov lin Petoling 2 Mm Xing Piotr Dun in PASIR PANJANG Adka Tarunoga Bintong Serio Noga Joyo Nha Song Nisaan laurel Pyi Dow Aye
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    • 216 27 TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 c n an > J mil ojj Algerian National Line FAR EAST I MEDITERRANEAN SERVICE S PORE LOADING FOR MV BEL ABBES i* japan MV BECHAR 15/9 Algiers, oran. annaba ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS
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  • Page 28 Advertisements
    • 608 28 .ia FINE-LINER SHIPPING Tflßi PTE LTD I 70 Sbenton Wty 04 0?C Mirin.i House S pore 0?07 y TEL ??***** (8 Lines) L TLX RS 2?WI rLINER fAX ??528b6 EUROPE SERVICE 77W" 'll.HliJirtiJ.~-ilMm .I.TTVu"'/ 73 U2 I M I M |MW 11*1 IMfl a* li« |lM Ufl |an |Z2 ji
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    • 649 28 Z I M I'i Vi i g iVtf 1^! W^"*? |T^-nrrr^3MTrjSMZia"rM s 7S| THICSTE vessel 1 l;Mlf.lh 111 I-T17T3,1 Hi ZIM TtIESTI ZIM PIRAEUS ZIM MCIMURNC AcarriiK camo to aoclaioe via Melbourne and also fcl to Guam ZIM EILAT CONTAINER UNE ITH ALX Pit VCt TRS KM 1 w m
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    • 316 28 I COMPANIA PERUANA vHEA DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MAT ARAN I. ILO* ANO ALL OTHER CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P Ktl»nf* S»ngapore THOMASEVERETT 19/20 Aug HUGHEVERETT ?9fX Aug MANOLOEVERETT 17/1* S«p "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA.
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  • Page 29 Advertisements
    • 374 29 Seabrfdjgfe nONTMFMTiI I NFS W INTERCONTMENTAL LINES JEUM AFGHAN/IRAN SERVICES Y MAKSARYEV I YERMOSHKIN DESTINATIONS TORGHUNDI. HAIRATAN, KABUL. TEHRAN. DJULFA INSTALBUL JEURO EASTERN BLOCK SERVICES Y MAKSARYEV I. YERMOSHKIN DESINATIONS HUNGARY. POLAND. ROMANIA. BULGARIA. AUSTRIA. YUGO. CZECH. E. BERLIN ALL INLAND PORTS SEABRID6E EUROPE S SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE
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    • 273 29 Consolidation Service NEW CALEDONIA TAHITI SIN 18/8 NOUMEA 22/9 PAPEETE 24/9 MAURITIUS REUNION ISLAND SIN 19/8, 19/8 PORT LOUIS 29/8 REUNION 29/8 FRANCE SIN 16/8 MARSEILLE 1/9 LE HAVRE 5/9 TRANSTAINERS delmas-vielieux WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA REGULAR LINER SERVICE VSL ETA
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    • 452 29 SINS KWAMG HANG TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE ALSO ACCEPTING CARGO TO E. MALAYSIA, BRUNEI. EUROPE. USA CANADA. mi'Ku LUCKY SEAWAY SERVICES PTE LTD Tlx: ***** Fa*: *****77 S.E.ASIA/CHINA SERVICES SGP P KLANG P GUDANG KTN FOR D YUN 10/8 QINGDAO XINGANG SHANGHAI ORAVA 15/8
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    • 529 29 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SP C/S£LATAN IXV-74 Sid G/SELATAN VIII V-13 41 C/SELATAN VI V «3 6/1 PKL PN BLW KAOH xn 7/1 lOfl 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS
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    • 372 29 PTC CONTAINER LINES ECI/ICE SERVICE PIC GROUP C/CJ CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL H-\ 16/8 HAIRATAN/KABUL/TOURGHUNDI General Agents POH TIONG CHOON SHIPPING (PTE) LTD TEL: *****66 FAX *****41 TLX R*****6 ri O (MEMBER OF THE PRESS GROdP) WEEKLY CONSOL SERVICE LCL/FCL U.S.A. (East West Coast all inland
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  • Page 30 Advertisements
    • 375 30 1// Hai Sun Hup Co (Pte) Ltd L I TEL *****06 (20 Lines/ TLX RS ***** &RS ***** Ii \sll k\ c \k i ini k. i 11). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS Senboku Moji 'Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG
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    • 531 30 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/«l£XICO AND FRENCH WEST INDIES L.W VJH 25/s NUERNBERG EXP f J*., SELANDIA V 272 15/8 1/9 STUTTGART EXP Halifax. Montreal. TOYAMA V2S2 22/8 8/9 OUSSELDORF EXP Toronto, New Yort. 111 Baltimore. Portsmouth. Norfolk. Savannah Also serving Miami. Mobile. New
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    • 334 30 ULTIATI ULTIMATE FREIGHT SERVICES PTE LTD Tel: *****11 Tlx: ***** Fax: *****92 Weekly LCL acceptance to AUSTRALIA all ports NZ HK BANGKOK EUROPE USA CANADA all ports incldg China incldg Laos all major ports Seattle, Portland, LA, SFO major ports Edmonton, Calgary, VCR Winnipeg, Saskatoon. TRT Montreal, Ottawa Tatsumi Marine
      334 words
    • 628 30 /M CALL US AT: P. KELANG J PENANG F 1 J. BAHRU P GUDANG mm®. SINGAPORE mmrn K. LUMPUR *****53/*****11 04-*****2/4. *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEOCR LiiAnu'L'.: iMir.' 11 sn r-ag-'.w:' n it.m in TT77 OTHM DCSTINATIONS AARHUS AMSTEROAM
      628 words