The Business Times, 23 August 1988
1988-08-23
1
30
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The Business Times
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Title Section11 1988-08-23 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, AUGUST 23, 1988 75 CENTS11 words
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Article269 1988-08-23 1 Reuter Dow lower STOCK PRICES were slightly lower yesterday morning after pulling back last week. The Dow Jones Average of 30 Industrials, which fell 21.52 last week, was down 6.22 to 2,009.78 at 1430 GMT after one hour of trading. Declining issues held a narrow lead overReuter - 269 words
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Article, Illustration220 1988-08-23 1 SHARE PRICES in Singapore closed lower in dull trading yesterday after a firm opening that was not sustained. Bargain-hunting in the morning soon petered out as light selling took over, sending prices lower on a smaller turnover. Brokers cited a weaker Tokyo market and220 words
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121 1988-08-23 1 FEAR OF intervention by the US and West German central banks yesterday checked the rise in the American currency on Asia's foreign exchanges. Dealers, however, said the market was still bullish on the dollar in the wake of its rebound last week. The firmer121 words
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470 1988-08-23 1 TONG SUIT CHEE - By TONG SUIT CHEE SINGAPORE'S overseas image will receive a big boost in the near future with several major statutory boards spending more than $10 million on public relations and advertising campaigns. The higher profile will be projected by the Singapore470 words
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Article, Illustration541 1988-08-23 1 ELAINE KOH - By ELAINE KOH BARELY A WEEK after it decided to make a $22 million land acquisition in Pasir Panjang, Straits Steamship is staking a further $54 million cash on a prime commercial site in the Tanjong Pagar area. The property-cum-shipping group541 words
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419 1988-08-23 1 WILLIAM CHIA - Exhibition firms keeping close watch By WILLIAM CHIA THE SINGAPORE office of international exhibition giant Cahners is expected to dominate the exhibition business even more after its merger with Singapore's oldest local-ly-owned exhibition company. The Cahners Exposition Group recently signed an agreement with Interfama in419 words
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Article556 1988-08-23 1 CORRINA LIM - By CORRINA LIM RMCA REINSURANCE Ltd, a subsidiary of the Insurance Corporation of Singapore Ltd (ICS), is making a public offer of 25 million shares of $1 par value at $1 80 each from today. This will value the company at $90 million, on556 words
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Article96 1988-08-23 1 Bernama MALAYSIA is confident of achieving a balance in the current account for 1989 Deputy Finance Minister Senator Mohamad Farid Ariffin said yesterday that this stemmed from successful efforts to boost economic growth and enhance the confidence of investors in the country's economy. Opening an economicBernama - 96 words
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Page 1 Advertisements
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Advertisement196 1988-08-23 1 Nikon The World's Finest Photographic System. =!&|,^+?},_{~_*&]{<^$~?|:}[+.)| Do Your Clubs Fit Your Game? Estimates show that the majority of amateur golfers play with equipment that do not fit their game Every player has his or her own individual "playing frequency" which is related to his physical characteristics, the way he196 words
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Advertisement223 1988-08-23 1 Editorial Comment: 10 Pakistan still at crossroads Shell 10 Surviving into the 1990s Home Newt: 2 Warehouse space in demand; What it could have been for S pore Seoul Olympics 3 The brains behind the Games Foreign News: 4, 6 The Singapore factor' for JB; US farm plan may be223 words
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Advertisement104 1988-08-23 1 r Nikon The World's Finest Photographic System. A few words about UOB Gold Certificates you won't hear in any other bank. Unlike others, UOB's gold certificates have perpetual validity. So you need never worry about expiry dates or annual renewals again. And because you can buy them in multiples of104 words
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HOME NEWS
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528 1988-08-23 2 LEE HAN SHIH - By LEE HAN SHIH Property Correspondent DESPITE the lingering effects of the October crash, demand for warehouse space shot up during the first quarter of this year According to the latest Ministry of National Development figures. warehousing was the only property sector that showed528 words
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372 1988-08-23 2 THE PEOPLE'S Action Party will increase its percentage of total votes cast in the Sep 3 polls, party chairman Ong Teng Cheong forecast yesterday. Speaking to reporters at the Ngee Ann Polytechnic's 25th anniversary commemoration ceremony, Mr Ong said the increase would372 words
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Article, Illustration312 1988-08-23 2 AN ALTERNATIVE government to the ruling People's Action Party is only a "question of time," said opposition Singapore Democratic Party chief Chiam See Tong yesterday. But opposition in "adequate numbers" is needed first. Mr Chiam, who was the sole opposition MP before312 words
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Article96 1988-08-23 2 THE GOVERNMENT is to double its grants to each child in special education schools to $3,000. The increase would be retrospective from April 1 this year, said Dr Tony Tan, the Education Minister and chairman of the Advisory Council on the Disabled. The recommendation to96 words
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329 1988-08-23 2 THE UNITED People s Front yesterday introduced five candidates, none of them new, for the upcoming General Election. General secretary Harbans Singh, 61, also introduced the party's 15-point manifesto. The document is a much reduced version of the party's 40-point329 words
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Article, Illustration120 1988-08-23 2 THE NATIONAL Solidarity Party yesterday introduced its election manifesto and two more candidates. The candidates NSP president Kum Teng Hock, 56. and taxi-driver Chan Yeng Cheong, 40 bring to six the number of members the party has introduced so far. Party secretary-general Ken Sunn120 words
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227 1988-08-23 2 SINGAPORE-MADE AT&T telephone systems have yet again won an award for excellence in manufacturing quality from the leading retailing US company, Sears. This is the second year running that Sears has awarded AT&T Consumer Products Pte Ltd a special award. The presentation took place in227 words
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Article162 1988-08-23 2 A SEMINAR and exhibition to provide retirees and those retiring the opportunity to plan for a better life will be held at the World Trade Centre from Nov 3 to 6. The organiser, Seatro Management Services, wants to provide a one-stop location where visitors can162 words
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276 1988-08-23 2 AN AUSTRALIAN COMPANY has won a $5 million contract to supply and install a metal roof cladding for Singapore's new indoor stadium. Chadwick Industries Pty Ltd, one of the largest metal roofing companies in Australia, will start work on the stainless276 words
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122 1988-08-23 2 AUSTRALIA s second largest metal building products company. KH Stramit Corporation, has bought out its affiliated Asian company in Singapore The local operation. KH Industries (SEA), will operate as KH Stramit (SEA). This move will expand the group's Asian presence, especially in Taiwan, Korea and122 words
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Page 2 Advertisements
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Advertisement144 1988-08-23 2 LASERLINE 6 ELITE oirci r mm ii "T 1 v^a iwr.Second to none OKI Laserline 6 Elite Printer, we're second to none wnen it comes to perfection, using silent light to create images, we are able to obtain print quality above the rest so that your company's image is at144 words
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Advertisement88 1988-08-23 2 oo "S oo s D§ Uj Qg S> D J2 n ir v> 9- 73 (A 3 0) 13 -c <$ 00 c O c 41 CM co (D J) s rj cr tS li^hi^lllM UNIQUE C/BY A THOLSAND MILES FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a88 words
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TECHNOLOGY
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637 1988-08-23 3 JT - 1181 8 ©aaaaa- by JT KEEPING ACCOUNTS is perhaps the most important backroom operation of any company. It is also undoubtedly one of the most tedious. For the small business, however, accounting can be simply tortuous. And the dire consequences of a slip up637 words
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TECH -TAKES
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Article106 1988-08-23 3 INFORMATION has been called the most important asset of the 21st century company. But the role of the information officer is still vague. For those assigned the task of developing information into such an invaluable tool, management consultants Arthur Andersen Associates will hold a two-day workshop on106 words
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Article64 1988-08-23 3 WORDPERFECT, the leading package for word processing software, recently concluded a deal to supply 100 units of its latest WordPerfect 5.0 to t*« Trade Development Board, and 95 units to the National U ersity of Singapore. This brings the total number of WP packages sold64 words
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Article77 1988-08-23 3 THE REGISTRY of Companies and Businesses has awarded a $1.2 million contract to General Automation Singapore for a turnkey information management system. The system, based on the company's top-of-the-line Zebra 8830 computer will upgrade the existing facilities offered by the Zebra 6720 now in use.77 words
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Article100 1988-08-23 3 DHL couriers round the world roam about the streets with a wand in their hand. This is not to fend off robbers but to record the movement of their cargo as it zooms around the globe. For the "magic" wand is really a bar-code reader which can100 words
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Article, Illustration677 1988-08-23 3 WILLIAM CHIA - Games computer centre could be target for attack By WILLIAM CHIA EVEN as the 1968 Seoul Olympics promises to be the arena for some of the most exciting athletic performances ever, the organisers are fearful the Olympics could be a target for terrorist groups. And677 words
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Page 3 Advertisements
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Advertisement190 1988-08-23 3 Wth 746 guest rooms and 40 suites, and Continental restaurants in which our fully-equipped Health Club meets the Shangri-La brings to Chinas capital you and your guests can enjoy gourmet the needs of the most demanding keep-fit Hour world famous standards of service and cuisine. Our 24-hour Business Centre is190 words
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ASIA – PACIFIC
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713 1988-08-23 4 PAUL GOPAL - By PAUL GOPAL in Johor Baru THE ECONOMIC ADVANTAGE of Singapore to Johor has emerged as the main theme in the Johor Baru by-election with all three candidates dwelling on the "Singapore factor'' as it is being described here. Nearly every big-wig of Prime713 words
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236 1988-08-23 4 Bernama AGRICULTURE MINISTER Datuk Sen Sanusi Junid said yesterday that he felt Oatuk Shahrir Abdul Samad resigned his Johor Baru parliamentary seat to contest in a by-election to test his popularity. Speaking to reporters after meeting officers and staff of agencies and departments under theBernama - 236 words
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226 1988-08-23 4 AFP SOUTH KOREAN opposition leader Kim Young-sam has asked Japanese Premier Noboru Takeshita to support his proposal for a North-east Asian parliamentary conference. Mr Kim. president of South Korea's opposition Reunification Democratic Party, was quoted by officials in Tokyo yesterday asAFP - 226 words
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295 1988-08-23 4 AFP TAIWAN PLANS to buy 14 passenger airplanes from Europe in a bid to foster two-way trade. The purchase has not beqn, officially announced, butjtftjofficial with the'TaiwaNte Board of Foreign Trade said last Sunday that it was worth more than US$4OO millionAFP - 295 words
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151 1988-08-23 4 AFP INDONESIA'S workforce is growing by 3 per cent each year, outpacing the number of jobs, which is growing by a mere 2.7 per cent. Manpower Minister Cosmas Batubara has said. Mr Batubara was quoted yesterday by the Antara news agency as saying that, basedAFP - 151 words
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134 1988-08-23 4 AFP THE Saudi Arabian government has stopped issuing visas to Filipino workers, the Philippine Department of Labour and Employment in Manila said yesterday Saudi Arabia s Interior Ministry did not explain why it stopped issuing visas three weeks ago The Saudi Arabian embassyAFP - 134 words
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134 1988-08-23 4 AP AUSTRALIAN Prime Minister Bob Hawke reshuffled his Cabinet yesterday, appointing senator Gareth Evans to take over as minister for foreign affairs and trade following last week s resignation of Bill Hayden to become gover-nor-general Mr Evans. 43. is a constitutional lawyer andAP - 134 words
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449 1988-08-23 4 Reuter IRAN and Iraq, their ceasefire still intact, are preparing for a bruising encounter when they meet for direct talks in Geneva on Thursday. The Iraqi Minister of State for Foreign Affairs. Saadoun Hammadi. yesterday predicted that the Iranian side would actReuter - 449 words
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Article896 1988-08-23 4 ARRIVALS Operator Service Local From number time CAl CI806 1000 CGK GU GA960• 1100 CGK SiA SQ105 1105 KUL RBA BI421 1130 BWN SiA SQ20I 1145 CGK GiA GA940 1150 MES TMA TG403 1155 MCK SiA SQ191 1155 PEN THA TG407 1205 BKK/HDY GiA GA900 1210 PKU896 words
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Page 4 Advertisements
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Advertisement73 1988-08-23 4 Los Angeles 14 times a week. j4! Korean Air now flics non-stop to L.A. from Seoul every day. And seven direct flights a week via Tokyo and Honolulu. No matter how often you fly there, it's nice to know you re flying with people who go there every day. For73 words
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Advertisement73 1988-08-23 4 Alter Vm war it o vsr, PAGE 1V Iran's oil plans, PAGE 7 rI y£ Jm IFI If The business person's choice, every I I II I II I Tuesday, Thursdoy. Saturday ond I 1 Ml II m Sunday. Leoving Chongi Airport at J_ VV/1 1 JL 22 05 hours73 words
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Page 4 Miscellaneous
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Miscellaneous35 1988-08-23 4 GOVERNOR. DUKAKIS SAYS THZ £i£CTfON IS ABOUT COMPETBHCB. WZLL, IT'S NOT! IT'S ABOUT j IPBOLOGY! I WANT THB ZISC--1 TION TO BB ABOUT IDEOLOGY I BECAUSEHBt A ÜBBRAL'. W6OP..JWAT HAPPBHBPIO TUB TBIEPFOMPTER? BVERy THING'S UPSIPBPOMN...35 words
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Page 5 Advertisements
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Advertisement422 1988-08-23 5 HUMAN ENGINEERING MAXIMISES HUMAN SAFETY WITH THE 4-WHEEL ANTI-SKID BRAKING SYSTEM. J. 1 y*. m VNEW NISSAN CEDRIC BROUGHAM VIP 4-Whctl Anti-skid Braking System I Sensors on front wheels and rear differential gear measure wheel revolutions and any wheel slippage 2 Electronic control module calculates optimum slippage ratio based on422 words
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REST OF THE WORLD
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582 1988-08-23 6 Eliminating global subsidies Reuter PRESIDENT REAGAN'S proposal for an international agreement to scrap all government subsidies for farmers is unlikely to survive intact after he leaves office next January. That should please the European Community (EC) which pays huge handouts. But nations thatReuter - 582 words
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Article, Illustration397 1988-08-23 6 Reuter US SENATE REPUBLICAN leader Robert Dole has said that the flap over vice-presidential candidate Dan Quayle will persist longer than his campaign managers think and hurt the Republicans' chances in November. But Mr Dole said on Sunday that while he did notReuter - 397 words
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160 1988-08-23 6 UPI SOLIDARITY leaders launched a strike yesterday in the giant Lenin Shipyard in Gdansk the birthplace of the independent trade union in a move expected to ignite a fresh wave of walkouts across Poland. About two hours after the day shift began, some 800UPI - 160 words
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111 1988-08-23 6 Reuter PRESIDENT Kenneth Kaunda of Zambia has revoked his government s decision to remove subsidies on some commodities The government announced last Friday it was lifting price controls on spare parts, stockfeeds, beer, soft drinks, rice, blankets. batteries, cigarettes and tyres The governmentReuter - 111 words
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362 1988-08-23 6 Reuter THE SOVIET UNION is not ready for the major overhaul of its political institutions due to be implemented next year, according to one of the closest aides of Kremlin leader Mikhail Gorbachev. Alexander Yakovlev. a member of the ruling Politburo. said, however,Reuter - 362 words
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210 1988-08-23 6 AFP DILAPIDATED ROADS in the Third World are in need of US$43 billion worth of repairs because governments have failed to spend enough on their upkeep, according to a World Bank report. The area in greatest need is Latin America and the Caribbean, withAFP - 210 words
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143 1988-08-23 6 Reuter ZIMBABWE'S President Robert Mugabe says Pretoria is mainly to blame for the plight of more than a million refugees who have fled wars, drought and economic turmoil in southern Africa. Speaking in Oslo on Sunday ahead of an international conference on theReuter - 143 words
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Page 6 Advertisements
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Advertisement273 1988-08-23 6 Ma de Perfect. A M? Swim Made Swiss Quart* Movement. 10 Mtcrona Plating in Rodiure (Whrte Gold). YHtow Gold. Or Ye«ow GoM And Rodium Caaing Chela In Choice CM Gold. Ivwy Or Water Resistant To 30 Metre* Ledw* And Genta Modeto Aveiable m leather Strap Or I i And Slate273 words
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Page 6 Miscellaneous
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Miscellaneous147 1988-08-23 6 ™ia Ki V//'H (°C) IS/06 Cloudy 17/13 Ooudy 36/24 CWor 31/18 Cleor 31/25 Clowdy 28/25 Cloudy 29/18 Cleor 30/25 Sunny 36/24 Clear 20/13 Ooudy 36/28 Ooudy 20/12 Ooudy 24/16 Showers 18/14 Ooudy 23/18 Ooudy 21/08 door 37/23 Clear 24/14 Rain 14/09 Roin 25/17 Roin 28/18 Ooudy 21/15 Clear 32/25 Rne147 words
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COMMODITIES
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Article329 1988-08-23 7 MALAYSIAN CRUDE PALM OIL futures finished off the day's lows yesterday on light covering and speculative buying, aided by fresh palm oil offtake by India and Pakistan. dealers said. Prices had eased initially in sympathy with a weaker Chicago soy complex futures close last Friday. Price movements were329 words
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Article91 1988-08-23 7 ALL PRICES seemed to find a little upward thrust yesterday except gasoil. where levels came under pressure from oversupply. Closing prices for crude (FOB origin) US$/barrel Change Tapis (S«p) 14.95 +0.05 Minas (Aug) 14.45 +0.15 Dubai (Sep) 13.20 0.30 West Texas Intermediate, WTI (Sep)* 15.72 +0.12 New91 words
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Article318 1988-08-23 7 SINGAPORE Prices closed lower yesterday with September RSS One buyer quoted at 250.50 cents a kg, down two cents from last Friday's close. Prices held steady at the opening but fell slightly towards the morning's close on some speculative selling. They continued to fall in the afternoon on light318 words
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Article334 1988-08-23 7 HONGKONG: The metal closed easier in quiet trading yesterday There was a lack of fresh factors. There was light US and Japanese selling in the morning. A firm US dollar prompted renewed Swiss selling of gold after midday and pushed prices to close near the day's lows Bullion334 words
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Article301 1988-08-23 7 KL TIN Closing prk«i on Aug 22 (M$/kg) A Price 19.54 up 0.07 Turnover (tonnes) 110 up 35 V, J RAS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 251.50 252.50N 250.50 251 50N lot 1 RSS S«p301 words
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Article89 1988-08-23 7 (cents, kg) SEPTEMBER 1988 OCTOBER 1988 (current month) (forward month) RAS NOON NOON ftuyers Sellers Ivyers Sellers SSR 20 220.00 222.00N 220 00 222 OON SSR 50 218.00 220.00N 218.00 220.00N MRELB Buyers Saltan Buyers Sellers SMR CV 397 50 399.50N 399.50 401.50N SMR I 397 5089 words
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Article208 1988-08-23 7 Chinese Produce Exchange Sellers' noon dosing prices on Aug 22 (SS/100 kg) Coconut oil Bulk FOB 120.00 Old drum FOB 130.00 New drum FOB 134 00 Copra Mixed (loose) 69 sellers Pepper Muntok white FOB NIW 822.50 Sarawak white FOB foq NIW 812.50 Sarawak special block FOB NIW208 words
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Article138 1988-08-23 7 Sentiment continued strong on the KLTM yesterday, with the price surging another seven cents from last Friday to close at M 519.54 a kg. The price is still holding at its 30-month high. The bullish market was attributed to active European and local buying. Fresh Japanese demand was138 words
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457 1988-08-23 7 AFP MALAYSIAN TIN PRICES, now at their highest levels in two-and-a-half years, are triggering concern that sharp gains could hurt the industry s efforts to restore an orderly world market for the metal "The Association of Tin Producing Countries (ATPC) is creating goodAFP - 457 words
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371 1988-08-23 7 Reuter AFRICAN COFFEE producers are prepared to discuss a reformed international agreement to stabilise prices, but they see no need to replace the present pact, the head of the Inter-African Coffee Organisation (IACO) says. "Consumers want to change the whole thing, but producersReuter - 371 words
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195 1988-08-23 7 AFP IRANIAN OIL "will be sold to all countries interested except the US. the South African apartheid regime and the regime occupying Holy Quds (Jerusalem) Oil Minister Gholamreza Aqazadeh has been quoted as saying According to the Iranian newsAFP - 195 words
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Page 7 Advertisements
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Advertisement93 1988-08-23 7 R/ftJw I I A J LW Investments FOR SALE BY TENDER 70 Anson Road 28 Storey 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 Tanjong Pagar MRT Station. Excellent93 words
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Advertisement42 1988-08-23 7 A Chef's gratitude. '*^I^' h jfi //7"\ trU V ""pit '£<* ft ZtJ^"'' fa.. e*' 'tJZ> "ffuii h&* -t 3 t:r%z£< i > 1 rinS iIL v r f^DOMf: I ."ntinmul Kc-x^ur.inr Orchard Road, Singapore V Tel: 7 >4 *>00. dynasty VALET PARKINC". AVAILABLE42 words
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MONEY AND EXCHANGES
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Article1214 1988-08-23 8 SINGAPORE: The US dollar closed firmer against most major currencies yesterday. Against the Singapore dollar, the US dollar closed marginally changed at $2.0391/98 in dull trading. It traded between $2.0398 and $2 0380. It opened initially at $2.0385/95. The dollar closed stronger against the mark and other European1,214 words
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Article484 1988-08-23 8 SEPTEMBER Eurodollar futures on the Simex opened unchanged yesterday from last Friday's close at 91.27 as release of the FOMC minutes which confirmed tighter credit policy was within market expectation. The contract eased lower to the low of 91.24 from the opening high with trading locked within a narrow484 words
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Article243 1988-08-23 8 Reuter MOST CURRENCY futures on the IMM yesterday opened a quiet session moderately lower. Commercial selling pressured contract values as traders brought values in line with currency losses in Europe overnight. Otherwise, traders reported no developments that could explain the downmove, with the exception of continued bullish sentiment forReuter - 243 words
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Article1456 1988-08-23 8 CURRENCY FUTURES OPTIONS Monday, Aug 22, >988 DEUTSCHE MARK (S4MEX) Sap M calls S^Mput! 50 S3 53 54 55 56 57 51 59 63 S4 HI* HWl 39a I6A SA Oct IS cm Low SSA Dac SS ca Lota 35 13 1 CAS CAS as Saa 54 Na 3811,456 words
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Page 8 Advertisements
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Advertisement193 1988-08-23 8 <ri 1 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 Ascott Executive Residences provide a marvellous home away from home. One or two bedroom apartments and penthouses individually designed for the executive193 words
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Advertisement100 1988-08-23 8 AS 1 month 11.9375% p.a. 2 months 12.2500% p.a. 3 months 12.3750% p.a. 6 months 12.5625% p.a. USS 1 month 8.1250% p.a. 2 months 8.1875% p.a. 3 months 8.5000% p.a. 6 months 8.7500% p.a. NZS 1 month 12.8750% p.a. 2 months 13.0000% p.a. 3 months 13.1250% p.a. 6 months 13.3750%100 words
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BANKING AND FINANCE
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227 1988-08-23 9 DUTCH MERCHANT BANK, Pierson, Heldring Pierson NV announced yesterday that it had reached an in-principle agreement to buy over Chemical Bank's Asian private banking operations in Singapore and Hongkong, confirming a BT report on the deal earlier this month. The acquisition is227 words
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377 1988-08-23 9 Reuter SWISS REGIONAL BANK Gewerbebank Baden has announced measures to fend off an unknown predator which it believes is trying to take over the bank by buying its shares in the stock market. Gewerbebank general director Max Fluri told a news conference last weekReuter - 377 words
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Article316 1988-08-23 9 Asian dollar deposit rates closed at the morning's steady levels in quiet trading yesterday. Dealers said most operators were generally sidelined throughout the day due to lack of interest. The market was waiting for the release of the US July consumer price index due at 1230 GMT316 words
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681 1988-08-23 9 SOH TIANG KENG - Rapid earnings growth at finance subsidiary By SOH TIANG KENG Financial Correspondent OVERSEAS UNION Bank the last of the Big Four to announce interim profits has posted a 12.7 per cent rise in after-tax group profits to $30 98 million for the first681 words
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494 1988-08-23 9 Reuter THE FEDERAL RESERVE is holding credit policy steady for now after last week's meeting of its policy-making arm. but the US central bank will face pressure to tighten policy further to check inflation, economists say. The Federal Open Market Committee metReuter - 494 words
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Article510 1988-08-23 9 Reuter UK GOVERNMENT BONDS, weathering a barrage of disappointing economic figures, are nevertheless showing tentative signs of longerterm recovery, say dealers and economists in London. "Short-term there are serious inflationary pressures, but over the longer term the prospects look excellent," said Giles Keating, UKReuter - 510 words
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Article, Illustration188 1988-08-23 9 Indicate* the average of the prim* lending rat** of 12 ma|or banks In S'por* r Interbank market rates (offer/bid) on Aug 22 us$ DM SWFC Y«o 7 days 8 1/4 1/8 10 1/2 1/4 4 IS/16— 13/16 3 2 3/4 4 7/16 3/16 1 8 3/8 1/4188 words
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287 1988-08-23 9 Reuter BARCLAYS PLC says it is bidding for the 30 per cent of Barclays Bank New Zealand Ltd it does not already own. The offer was 20 NZ cents per share, valuing the bid at NZ$5B million. Barclays NZReuter - 287 words
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Article62 1988-08-23 9 THE OVERNIGHT rate on the Singapore money market fell 3/8 point yesterday to end at 4-3/8 per cent. The term rates fell 1/16 point across the board Interbank N rates at the close yesterday: Offff •10 o»»»night 4 3/8 4 1/4 1 month 3/4 4 5/8 2 month62 words
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Article114 1988-08-23 9 f Treasury bills "N Period Issue Yesterday's closing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ*****X 17.11.88 4.13 4.08 6 months BY*****T 24.11.88 4.13 4.08 1 year BY*****S 20.07.89 4.60 4.55 4.56 4.56 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code114 words
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Page 9 Advertisements
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Advertisement62 1988-08-23 9 mm£Z& HONG LEONG FINANCE LTD SINGAPORE FINANCE LTD FIXED DEPOSIT RATES 4.625% P3 24 months 4.375 ®/0 pa 18months 4.250% PS 12months 4.000% pa 9 months 3.750% pa 6 months 3.625% pa 3 months 3.500% pa*— 1,2 months Special rates may be negotiated for deposits of $30,000 and above. Minimum62 words
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Advertisement329 1988-08-23 9 OUE reports 36pc rIM In Interim profits, PAGE 15 You don't have to go out on a limb to grab the edge in international procurement Do it... in safety at IN PRO '88! The first international procurement exhibition and conference of technology, materials, components and manufacturing services for electronic original329 words
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PERSPECTIVE
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Article495 1988-08-23 10 BUSINESS TIMES IT WAS UNFORTUNATE that General Zia ul-Haq had to die to give democracy a chance in Pakistan. What caused his death in a plane crash last week has yet to be established, but already, the mood of expectancy has become palpable. His successor, MrBUSINESS TIMES - 495 words
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Article, Illustration1516 1988-08-23 10 LOH HUI YIN - Following an /fTK offer last August to buy the government's half share in the Pulau Ayer Merbau petrochemical complex, Shell this year announced new investments worth more than $500 million. LOH HUI YIN interviews Shell chairman Dick van Hilten and finds him forthcoming about the1,516 words
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508 1988-08-23 10 GENERALLY forthcoming about his company's operations. Shell chairman Oick van Hilten is coy on one subject Shell s bid to buy the half share owned by the Singapore government parties in the Pulau Ayer Merbau petrochemical complex. All that he allows himself to be508 words
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Article390 1988-08-23 10 TELL AN OIL MAN that his is a sunset industry and chances are. he will be terribly upset. And. he will rebut vehemently. To back his denials, he would point to the major new investments announced by Mobil. Esso and Shell, all within the last390 words
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REGIONAL VIEWPOINTS
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Article288 1988-08-23 11 Our weekly summary of what other publications have to say about issues of regional interest. INDONESIA "TOMORROW we, as a nation, will commemorate our 43rd Independence Day. On August 17, 1945 one week after the atomic bomb was dropped on Nagasaki and two days after Japan288 words
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Article301 1988-08-23 11 THE PHILIPPINES "LAST Saturday, 48 fishermen were flown back to the country after four months in a Malaysian jail. And on Sunday, five soldiers who had been held captive by the New Peoples Army (NPA) in Quezon were finally released after two weeks of negotiations. Vicariously,301 words
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220 1988-08-23 11 THAILAND "USUALLY, when a government takes office after an election in a democratic country the press gives it a "honeymoon" of about 100 days, reserving criticism until the performance of the new pow-ers-that-be can be judged fairly. However, as soon as the Chaitchai Choonhavan220 words
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Article270 1988-08-23 11 HONGKONG "THE SIGNS are that the Hongkong Government, after many months of deliberation, will endorse the selective import of workers to ease the acute labour shortage. The pending decision has already aroused the anger of trade unions, who believe that the import of foreign labour270 words
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Article245 1988-08-23 11 S'PORE-M'SIA "THE CAUSEWAY linking Malaysia and Singapore was opened to rail traffic 65 years ago. Since those early years, the authorities have had to contend with a growing volume of traffic and the consequent complaints as bottlenecks and long frustrating queues inevitably developed. Many changes and245 words
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Article, Illustration680 1988-08-23 11 ALISTAIR LYON; MOHAMMAD ZARGHAM - After the war is over Iraq sets ambitious plans Last Saturday, the eight-year-old war between Iraq and Iran finally ended as a United Nations-mediated ceasefire took effect. What lies ahead now for the two war-torn countries? ALISTAIR LYON and MOHAMMAD ZARGHAM look at the enormous obstacles facing Iraqi and IranianReuter - 680 words
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Article, Illustration595 1988-08-23 11 Reuter IRANIAN leaders face formidable problems in trying to rebuild a ravaged economy and chart the future course of their Islamic revolution after a long, bloody war which failed to topple their Iraqi adversaries If the ceasefire declared last Saturday holdsReuter - 595 words
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Page 10 Advertisements
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Advertisement175 1988-08-23 10 5 SINGAPORE BUSINESS gives you the newest trends affecting the economy, analytical features and snappy columns on the stockmarket, trade Jtr> W I industry, banking, property, company profiles and personalities. Don't miss a single issue, subscribe today! Just complete and post this coupon. You'll get 12 monthly issues, and a175 words
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Page 10 Miscellaneous
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Miscellaneous19 1988-08-23 10 BriStOOTftankl&ctes Hou) DID u £ND UP IN Such A god-Forsrkcn job-? a NOT LOHfvr DO ITS uho yoo KNOU)19 words
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Page 11 Advertisements
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Advertisement200 1988-08-23 11 Live at the Hua Le ■> i Well, not quite. After all, it takes hours to prepare our delicious shark's fin soup. And we can't expect to keep you waiting. But our other items of seafood certainly are alive, as is the long venerated tradition of Cantonese cuisine here at200 words
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LEISURE
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Article, Illustration729 1988-08-23 12 JOAN HANAUER - TV SERIES By JOAN HANAUER UPI FRANK'S PLACE has the TV critics' stamp of approval, nine Emmy nominations but no place on the CBS schedule. Lead actor Tim Reid, who has been nominated for outstanding actor in a comedy, has aUPI - 729 words
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Article, Illustration741 1988-08-23 13 MONICA GWEE - SWING SINGAPORE HIGHLIGHTS By MONICA GWEE THEY'RE ORDINARY MEN with uh unusual passions. Francis Bose bites fire. Gordon Koh walks on eggs. "Fire always amuses people." Bose Bosco" to his audiences) says as he douses the tip of his torch with lighter fluid from a small yellow741 words
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Page 12 Advertisements
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Advertisement233 1988-08-23 12 COURyOISIERXO -WIIEII 110IENTIEICTAIIN Grills Greens A choice of 18 salads, five cold cuts, soup, three roasts, eight grills 12 desserts. What more could you ask for? The entire buffet spread is yours for $25.50 per adult $15.00 per child under 12. BARON'S TABLE. BAROft' S Simply the best in town233 words
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Advertisement133 1988-08-23 12 EAST MEETS WEST Daily Buffet at the Don dang Sayang K Enjoy the best of both worlds, 'East Meets West' daily buffet. Salads, cold cuts, roasts curries, satay, noodles and many more dishes you will find irresistable. Coffee or tea is included to complement the meal. Lunch Noon 2.30pm Dinner:133 words
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Advertisement234 1988-08-23 12 Salutes the Ladies Chinoiserie salutes the 'fairer sex' every lljesday Night. Ladies it's your night out, for fun, and great times. Cover charge is exempted for all females, so guys, tonight's the night to spoil your gals. HYATT REGENCYO SINGAPORE 10-12 SCOnS ROAD, SINGAPORE 0922 TEL: *****88 TELEX: RS *****234 words
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Advertisement181 1988-08-23 12 In I M f'riday. Enjoy! After Bpm get 10% -xoff everv bottle Plaza Hotel SI*GAPO»t IA«M»COi OCtFUL •IHVITIfIQ Brae* Road 0719 Trf *****11 'A m 24-hr Coffee (Level Where the service is good. the ambience great, the food simply marvellous! An experience you II not forget A choice of local,181 words
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Advertisement179 1988-08-23 12 \Y o o d Allen's Produced by special arrangement with Samuel French, Inc. The zaniest. finest and funniest comedy by America's top comic script writer is now in Singapore. "...A master of bright and hilarious dialogue..." New York Past Book your tables early for seats of your choice Call 737179 words
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Page 13 Advertisements
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Advertisement189 1988-08-23 13 <• <• <• f Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties. Located on the 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm Free valet parking. Century Park Sheraton Singapore 16189 words
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Page 13 Miscellaneous
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Miscellaneous590 1988-08-23 13 rajHKMaa saaasssjM!) CRYPTIC PUZZLE ACROSS 1 Happy ignorance? (5) 6 Letter with requests for work (5) 9 Opportunity for a learner in church architecture (7) 10 Harass, nominally (5) 11 Frequent letter to a relative (5) 12 Foreign film? (5) 13 Recover or obtain supplies from down under! (3.4) 15590 words
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Miscellaneous1249 1988-08-23 13 WJ aaa aasDM) V- BPS I V V m. urn Pavarotti the outsize and outstanding tenor CULTURAL MOMENTS i) Pavarotti at Madison Square Garden 9.30pm, Channel 12 II) Alfredo Kraus Recital at Barcelona 11pm, Channel 12 Luciano Pavarotti the tenor with the astonishing voice and the amiable face He's not1,249 words
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SPORTS
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Article, Illustration539 1988-08-23 14 CHARLES SAVAGE - By CHARLES SAVAGE A STRONGLY-WORDED letter to the International Squash Players Association (ISPA) was the key to a star-studded field in next month's *****,000 Anchor Beer Singapore Open. World champion Jahangir Khan and world number one Jansher Khan are among nine ot the world539 words
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Article, Illustration400 1988-08-23 14 AP JOEY SINDELAR scored a re-cord-setting, four-point victory during the rain-delayed US$l million International Golf Tournament in Colorado to take home the US$lBO,OOO first prize. Fast starts by Dan Pohl and Steve Pate on Sunday put Sindelar in a catch-up position. "I thinkAP - 400 words
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376 1988-08-23 14 AP lAN WOOSNAM rolled to a comfortable seven-stroke victory last Sunday at the US$4OB,OOO Carrolls Irish Open golf championship in Portmarnock. It was not as easy as last year's 10-stroke win by Bernhard Langer, but the 30-year-old Welshman took a one-shot lead intoAP - 376 words
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307 1988-08-23 14 UPI SECOND-SEEDED Mats Wilander of Sweden battled back to win two tie-breakers and edge topseeded countryman Stefan Edberg. 3-6, 7-6 (7-5), 7-6 (7-5). last Sunday for his fourth Association of Tennis Professionals championship. Wilander, the second-ranked player in the world, regained theUPI - 307 words
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189 1988-08-23 14 UPI ANDRE AGASSI captured his Grand Prix-leading sixth tournament of the year, defeating Jeff Tarango 6-2, 6-4 last Sunday in the singles final of the U*****,000 Mennen Cup championships. The 18-year-old Agassi strengthened his No. 4 world ranking, winning each of his fiveUPI - 189 words
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Article102 1988-08-23 14 Reuter OLYMPIC DOUBLE gold medallist Greg Louganis became the first American male diver in history to make four consecutive US Olympic teams as he won the men's 10-metre platform final at the US Olympic trials on Sunday. Louganis. 28. accumulated 1,331.19 points. Patrick Jeffrey. 25, wasReuter - 102 words
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Article, Illustration736 1988-08-23 14 AP THE OLYMPICS won't be the same without Sebastian Coe and Steve Ovett, two countrymen and rivals who put Britain at the forefront of middle-distance running but have not been selected for next month s Games. Neither managed to qualify through their country's trialsAP - 736 words
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Article81 1988-08-23 14 NYT CALVIN SMITH and Dennis Mitchell of the US both took the measure of Ben Johnson on Sunday afternoon, defeating the Canadian world champion in a 100metre race in Cologne Johnson, whose confrontation with Carl Lewis is expected to be one of the highlights of theNYT - 81 words
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Page 14 Advertisements
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Advertisement17 1988-08-23 14 BUSINESS TIMES MCI (P) 95/12/87 75 CENTS H fjflfeJIPP PA >* r2i» *v Js? w. m t .f»>:Tt17 words
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Page 14 Miscellaneous
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Miscellaneous66 1988-08-23 14 I Pi AY THIS SMOT VERY MUCH WITH I THE RIGHT HAND AT ADDRESS THE HANDS SHOULD BE V DOWN THE 6RIP AND I THE CLUBFACE jL SLIGHTLY OPEN BY MAKING THE RIGHT HAND CONTROL THE SHOT I MAKE SURE THE CLUBFACE GOES THROUGH AND UNDER V THE BALL THIS66 words
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COMPANY NEWS
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Article, Illustration564 1988-08-23 15 KEVIN GWEE - By KEVIN GWEE CONSTRUCTION-CUM-PROP-ERTY group Lum Chang Holdings is setting up shop in Mauritius, a tiny island 2,500 km from South Africa s coast and said to have one of the fastestgrowing economies in Africa. As part of Lum Chang s ongoing expansion into564 words
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319 1988-08-23 15 SESDAQ COMPANY Wah-Chang Electro-Plating Ltd (Wepco) has made its first acquisition as a listed company a 25 per cent stake in Chem-Solvents Disposal Technologies Pte Ltd for slightly more than $1 million cash. According to Wepco, it has an option to purchase the319 words
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164 1988-08-23 15 OVERSEAS Union Enterprise Ltd. the hotel and property arm of the Overseas Union Bank group, boosted its after-tax profits by 36 per cent to $4.05 million for the six months ended June 30. This was achieved on an 11 per cent rise in164 words
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Article141 1988-08-23 15 FLOUR-MILLER Prima Ltd has reported a near 15-per cent jump in group net profits to $13.8 million ($12.03 million previously) on a 71 per cent rise in turnover to $42.98 million ($25.08 million) for the six months ended June 30. 1988 Net earnings per share came141 words
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311 1988-08-23 15 DIVERSIFIED GROUP United Industrial Corporation intends to be an active player both in the local as well as the overseas property markets The company moved a step nearer in that direction when it sold The Promenade. a prime shopping-cum-office311 words
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278 1988-08-23 15 PUBLIC BANK Ltd. the fourth largest bank in Malaysia. has reported a 11.5 per cent drop in group pre-tax profits to M 538.09 million (M 543.04 million previously) for the six months to June 30. 1968 but it is still confident of278 words
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Page 15 Advertisements
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Advertisement390 1988-08-23 15 i Li Lr> Ln Li LiLi Ei gjEFLn i f7 ;LlLllnLiLlLlLlL l L l lqLlljE l l^L l L-iLiL,ILILILI.iPU I w OVERSEAS UNION TRUST LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Trust Limited is pleased to announce* UNAUDITED RESULTS FOR SIX MONTHS390 words
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Advertisement624 1988-08-23 15 u OVERSEAS UNION BANK LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Bank Limited is pleased to announce: The Bank Six Months Six Months Increase Six Months to 30-6-88 to 30-6-87 to 30-6-88 Ss'ooo Ss'ooo Ss'ooo The Group > Six Months Increase to624 words
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Page 15 Miscellaneous
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Miscellaneous22 1988-08-23 15 I SVOO&KU/&#£/&£>. A<c/60£>/ 7&Va&QOt~S F#/GA<//r&£r grfgr/Ai. i?-3& A*f&&7M£../ by Martell r t/A0 TO M'A*/r 7Z> &T&XOC// CAV /A44&/Mf.. 60ST A MMOC& (i22 words
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STOCK EXCHANGE OF SINGAPORE
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Article39 1988-08-23 16 Company OTHERS Hotel Prop Non renounceoble offer by SIM&l of )l7 5n HPl Bonds with worrants o'foched on the basis of 5500 Bonds for 1.000 HPl shores held ot por Ex-date: Aug 15 Books close: Aug 2539 words
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Article324 1988-08-23 16 Company RIGHTS ISSUE A M D B One-tor-four $050 per shore C 1 Holdings 27 million loan stocks in the ratio o' $3 loan stock for every five ordinary shares held Duta Cons One for one $1 10 per share F N Two-for-five $300 per share F A324 words
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Article148 1988-08-23 16 EVERPEACE CORPORATION B«rhad: 21st AGM at £Oth Floor, Wisma Supreme. Jalan Punchak, ***** Kuala Lumpur on Friday. Aug 26 at 3 30pm I DAY API INDUSTRIES (MALAYSIA) Berhad: 4th AGM at 15th Floor MCB Plaza,6 Changkat Raja Chulan. ***** Kuala Lumpur on Tuesday. Aug 30. at 10am. SING148 words
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Article333 1988-08-23 16 Managers' prices for Aug 23 Singapore Unit Trust The Commerce 099 105 The So*.og S Fund 087 093 S pore Prog Fund 0<2 0 46 S pore Sec Fund 066 0 71* S pore invest Fund 0 69 0 74 S pore Equity Fund 0 49 0 53333 words
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Article, Illustration714 1988-08-23 16 SHARE PRICES continued to ease on lack of buying support as some early bargain-hunting gave way to selling pressure later in the day. Absence of fresh leads and a weaker Tokyo market overcame early buying sentiment, dealers said. The lower volume reflected714 words
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Article5183 1988-08-23 16 1988 High Low Tel Code Company Last Sale OCQr*» Dlv Dlv C'vr Qr's Y'ld Net PIE Vol C00O) Day High Low Last Quote Buyer Seller SECTION ONfe INDUSTRIAL 8 COMMERCIAL 141 85 218 167 135 460 178 350 129 167 177 297 5914 354 555 565 6855,183 words
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SES/KLSE
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Article, Illustration3510 1988-08-23 17 AN ENCOURAGING start failed to materialise into a rally for want of fol-low-through support and share prices closed mixed on the Kuala Lumpur stock market yesterday. The sev-en-day consecutive weak spell was therefore only partially checked. At the close of trading, the3,510 words
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439 1988-08-23 17 THE REVAMPED Stock Exchange of Hongkong is coming down hard on brokers who have been trading in shares of Paul Y, the construction company which is being courted by two bidders, in the grey market. In a letter to a439 words
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Article454 1988-08-23 17 Currant E> Books Otto Total tor Total psymsnt date ctooe payable N year Last ye AJax Hldgs 6%lbl Aug 30 Sep 9 Sep 26 6% 4% 8erfuntoi 3% Aug <9 Sep 2 Sep 29 7% 5% C C M io%ui Aug 25 Sep 8 Oct 3 '0% 20%454 words
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Article416 1988-08-23 17 BONDS, LOANS WARRANTS Cowpioy Wl' maturity date Coupon <%) Chuon Hup Wrts 1991 City D»* Roods 1994 5% Gty D*v Wrti 1992 Dunlop Est CULS 1988 8% G Corp CULS 1989 10 H Toi-Pon Wrts 1992 JC-MPH Loon JC-MPH Wrts A 1988 1989 9 Komunting Notes 1994 7 Kentucky Loon416 words
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Page 17 Advertisements
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Advertisement18 1988-08-23 17 On target, Chart Point every Saturday m j onagers AAust V lanage BT shows you how every Monday.18 words
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REGIONAL MARKETS
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Article, Illustration739 1988-08-23 18 Results will reflect buoyant property market Reuter LEADING DEVELOPER Cheung Kong (Holdings) Ltd is expected to post a sharp increase in profit when it releases results for the six months ended June 30. Stock analysts say the results, to be released tomorrow, willReuter - 739 words
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535 1988-08-23 18 Reuter FOREIGN INVESTORS will remain cautious over investing in Japanese shares in view of interest rate jitters and may continue net selling in months ahead, fund managers and analysts in London say. "We think Japan will be forced to tighten its monetary grip to defendReuter - 535 words
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348 1988-08-23 18 Reuter JAPANESE COMPANIES are rushing to make public domestic share issues to take advantage of firm stock prices amid uncertainty over the market outlook later this year, according to analysts and officials at securities houses in Tokyo. Public issues in Japan ofReuter - 348 words
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Article, Illustration523 1988-08-23 18 Tokyo Reuter SHARE PRICES closed lower yesterday in weak trading, with typical Monday dullness and lack of fresh buying incentives hanging over the market, brokers said. "There were no significant factors over the weekend to push the market up further. People are taking profits, sitting back andReuter - 523 words
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Article, Illustration507 1988-08-23 18 Australia Reuter SHARE PRICES closed barely steady after a slow start yesterday as early selective demand gave way to pre-budget prout-taking Brokers said most of the interest was restricted to the transport sector on speculation that the federal government would announce a cut in oil excise. AtReuter - 507 words
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Article, Illustration1452 1988-08-23 18 Hongkong STOCKS closed lower in lacklustre trading yesterday, overshadowed by concern about further increases in local interest rates The Hang Seng Index closed 15.61 points down at 2.564.14 while the broader-based Hongkong Index was down 10.79 at 1.692.31. Turnover tell to HK5416.38 million from HK5443.69 million last1,452 words
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Article375 1988-08-23 18 Reuter TAIWAN'S stock market yesterday rallied almost across-the-board to close above the 8.000point barrier for the first time. The weighted index rose 211.99 points to close at 8.160 89 compared with last Saturday's 7,948.9. Turnover fell to NT539.6 billion from NTS46.I billion last Saturday. Banking shares ledReuter - 375 words
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Article169 1988-08-23 18 Reuter INTEREST in selected leading shares pushed the share market a little higher at the close yesterday. "No one's too excited at the moment." said one broker. "It's certainly a good way of starting off the week and. hopefully. this will put investors into a positiveReuter - 169 words
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Article102 1988-08-23 18 Reuter SELLING PRESSURE in oil shares yesterday depressed that sector and affected commercial/industrials and mines despite improved copper and Philippine company I share prices in New York The Manila Stock Ex- change s Composite Index fell 2.8 per cent to 797.03 points from last Friday's 819 95Reuter - 102 words
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Article243 1988-08-23 18 Reuter MOST share prices fell for the third consecutive session yesterday due to lack of buying interest in weak trading. "A breakdown in talks between North and South Korean lawmakers dampened investors' confidence." a broker said. North and South Korean parliamentarians failed yesterday in the third roundReuter - 243 words
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Article150 1988-08-23 18 Reuter SHARE PRICES retreated yesterday after opening firm but cloeed with widespread gains as institutional buyers remained active, brokers said. The market saw heavy profit-taking after last week's big rally. Fresh speculative demand was minimal. Brokers said other investors were chiefly sellers as they wanted to raiseReuter - 150 words
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Article159 1988-08-23 18 Reuter THE SECURITIES Exchange of Thailand Index fell 9.14 points to 432.52 yesterday on a turnover of 4,640.799 shares worth 329.11 million baht. Reuter AUG 22 AHT *h Ao Kharo Thai Ayudhya Investment Bangkok Agro-lnd 410 412 100 -20 •IB -9 Bangkok Bank Bank Of AyudhyaReuter - 159 words
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Page 18 Advertisements
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Advertisement542 1988-08-23 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 Y. K. ENGINEERING PTE LTD (IN VOLUNTARY LIQUIDATION) At an extraordinary general meeting of the company held at 156 Cecil Street #07-02 Far Eastern Bank Building, Singapore 0106 on 20th August 1988 the following Special Resolutions were duly passed:1. That542 words
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INTERNATIONAL COMPANY NEWS
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850 1988-08-23 19 The surprise reference to the Monopolies and Mergers Commission of the highly-leveraged bid for Ranks Hovis McDougall by Goodman Fielder Wattle raises fresh questions about the British government's competition policy. FT takes a look at the reasons for the move and its implicationsFT - 850 words
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497 1988-08-23 19 FT THE CONTROVERSIAL section of UK's new investor protection legislation which gives investors an automatic right to compensation for losses suffered through a breach of the rules is to be severely curtailed. The Securities and Investments Board (SIB), the chief City regulator, has publishedFT - 497 words
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Article124 1988-08-23 19 HONGKONG Hongkong Index Monday 1,692 31 Friday 1.***** Week ogo 1.715 19 Hang Seng Index Monday 2.564 14 Friday 2.579 75 Week ago 2.600 63 All Industrials Monday 2.640 5 Friday 2.626 8 Week ogo 2,609 2 NEW YORK Dow Jones fridoy 2.***** Thursday 2.***** Week ogo 2.037124 words
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Article, Illustration850 1988-08-23 19 FT STANDARD CHARTERED wants 1988 to be viewed as the year "when we did something about our problems," says executive chairman Sir Peter Graham. Last week's interim results went some way towards bearing that out. After the heavy losses of 1987 whichFT - 850 words
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392 1988-08-23 19 NYT SANFORD C SIGOLOFF. the turnaround specialist who guided the Wickes companies out of bankruptcy in 1985, has agreed with other members of the management to take the US company private in a leveraged buyout. Including debt that would be assumed, the dealNYT - 392 words
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Article759 1988-08-23 19 Reuter MILAN: ITALIAN SHARES recouped some early losses in relatively quiet late trading yesterday, with good demand for Generali shares ahead of its capital increase in September helping to buoy the insurance sector, dealers said. The MIB Index closed 0.27 per cent down on the session, withReuter - 759 words
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683 1988-08-23 19 Reuter SO MANY PEOPLE are pessimistic about Wall Street that many analysts are taking it as a sign that a comeback is near. "All the negatives are already out there." said Michael Metz of Oppenheimer and Co. "But the market hasReuter - 683 words
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Page 19 Advertisements
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Advertisement353 1988-08-23 19 PRIMA LIMITED (FLOUR MILLS) (Incorporated tn the Republic of Singapore) COMPANY ANNOUNCEMENT The Board ot Directors ot Prima Limited is pleased to make the following announcement:UNAUDITEO RESULTS FOR FIRST HALF YEAR ENDED 30TH JUNE 1988 The Company The Group Increase/Decrease 30.06.88 30.06.87 30 30.06.87 Company Group ssooo ssooo In the353 words
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640 1988-08-23 20 BOEY KIT YIN - Growth largely due to rise in non-oil domestic exports By BOEY KIT YIN EARLY SIGNS that economic growth during the third quarter may be less than the breathtaking pace set in the previous two quarters were reflected in latest trade data. Trade640 words
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406 1988-08-23 20 AFP THOUSANDS of anti-government demonstrators took to the streets in Rangoon yesterday to challenge new Burmese leader Maung Maung as troops were reported to be stopping more protestors from entering the capital, witnesses said. Burma's two major insurgent groups have also calledAFP - 406 words
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291 1988-08-23 20 AFP PAKISTANI GENERALS have been holding frequent meetings since President Mohammad Zia ul-Haq was killed in an air crash last Wednesday and are keeping a close eye on the moves of his successor. Informed sources in Islamabad said yesterday that the militaryAFP - 291 words
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281 1988-08-23 20 AFP THE AUSTRALIAN government is expected to announce a record budget surplus today of about Ass billion, with a significant commitment to repay foreign debt. Treasurer Paul Keating's sixth budget is otherwise likely to contain few surprises, analysts say. Most major economic initiatives for the currentAFP - 281 words
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401 1988-08-23 20 THE PEOPLE S ACTION Party yesterday outlined how it planned to comply with the Ministry of National Development's three-phase implementation of Town Councils by February 1991. In a statement, the ruling party promised voters that it would provide the "best401 words
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317 1988-08-23 20 Bernama THE MALAYSIAN Bar Council yesterday released its preliminary observations on the report of the tribunal which recommended the removal of former Lord President Tun Mohammed Salleh Abas. The observations were related to the empanel ment, composition and hearing of the tribunal setBernama - 317 words
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Article103 1988-08-23 20 Reuter COMEX GOLD futures yesterday steadied on dealer buying but the market retained net losses on lingering pressure from a firm dollar. In light morning business. October gold was off US$O.3O at U*****.30 an ounce after sinking to U*****.70 and penetrating last Friday's low of U*****.00.Reuter - 103 words
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379 1988-08-23 20 AFP EXILED former president Ferdinand Marcos could be assassinated by anti-gov-ernment elements if he returns to the Philippines, says President Corazon Aquino's chief aide. Mr Marcos's plea to be allowed to return home posed a problem for Manila because there areAFP - 379 words
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Article108 1988-08-23 20 AFP REAL WAGES in Manila fell by 12.2 per cent between January and July, according to the Philippine National Wages Council yesterday. Wage earners in the Philippine capital received 14.58 pesos (69 US cents) a day in July, down from 16.61 pesos (78.8 USAFP - 108 words
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218 1988-08-23 20 AFP INDONESIA, Brunei and Malaysia have agreed that they should coordinate their oil marketing to Japan. their main oil buyer. Indonesian Mines and Energy Minister Ginanjar Kartasasmita said yesterday: "We are making efforts to coordinate our oil sales to Japan.'' He was speakingAFP - 218 words
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LATE FILE
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Article50 1988-08-23 20 AFP BOND Corp Holdings Ltd yesterday reported a 201 per cent rise in profits to A 5355 million in the year ended June 30. compared with the year before. Net equity-ac-counted profits rose 255 per cent to A 5356 million, the company said. AFPAFP - 50 words
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Article49 1988-08-23 20 UPI THE South Korean prosecution yesterday demanded a 15-year prison term and a fine and a penalty levy totalling US$4.B5 million for Chun Kyung-hwan, the younger brother of former president Chun Doo-hwan, .on charges of embezzling public funds and committing other wrongdoings. UPIUPI - 49 words
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Article75 1988-08-23 20 UPI EFFORTS to gat North Korea to taka part in tha coming Saoul 24th Olympiad appaarad doomed yastarday as South and North Koraa broke up the first official talks between them in nearly three years without any agreement. Ten lawmakers from the two Koreas failedUPI - 75 words
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28 1988-08-23 20 Reuter AFGHANISTAN'S Soviet-back-ed government was responsible for the vast majority of state-sponsored terrorist acts recorded in 1987, said tha US yesterday. ReuterReuter - 28 words
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32 1988-08-23 20 Bernama MALAYSIA is still discussing with Britain the possibility of buying UK armaments for its armed forces, UK's High Commissioner to Malaysia, Nicholas Spreckly, said yesterday. BernamaBernama - 32 words
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Page 20 Advertisements
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Advertisement166 1988-08-23 20 INVOICE TURN INVOICES INTO CASH SIOO SlOO 2^ sioo Assign your invoices to us and get immediate cash (uptown of the value) Factoring, the great business aid of modern times, can bring your business untold benefits... BETTER CASHFLOW means more money for investment and expansion ffl' INCREASED COMPETITIVENESS with improved166 words
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Advertisement466 1988-08-23 20 More stories, PAGE 2 k A SINGAPORE INSTITUTE OF MANAGEMENT (1) THE ALLEN MANAGER'S SEMINAR OCTOBER 24 28, 1968 Fee: SJI6OO (SIM members)/SslBoo (Non-members) Objective: This highly participative, results-oriented, five-day seminar intends to ■help managers improve their managerial skills and management performance. Over 300,000 managers have taken part in the466 words
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SHIPPING TIMES
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Article, Illustration310 1988-08-23 21 G DURAIRAJ - By G DURAIRAJ PORT KLANG s new incentive bonus scheme for general cargo vessels is yielding positive results. According to the port authority, the discharging rate for steel and containers via conventional ships has improved by 30 and 21 per cent310 words
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215 1988-08-23 21 AFP THAI Communications Minister Montri Pongpanich has ordered a review of a cabinet decision to privatise two deepsea ports in southern Thailand, the state-run Thai News Agency said. Mr Montri had discovered "unsettled problems" in a recent government plan to privatiseAFP - 215 words
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171 1988-08-23 21 Bernama TEN NEW radar light beacons are being installed along a 120 km stretch of the Straits of Malacca under a traffic separation scheme to provide further navigation safety along the straits, an Indonesian official said. The beacons, costing 800 million rupiahsBernama - 171 words
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PORTSIDES
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Article52 1988-08-23 21 AFP JAPAN s ship exports on a contract basis rose 11.2 per cent from a year earlier to 571.580 gross tons in July, the Japan Ship Exporters Association said. Shipbuilders concluded export contracts for three cargo vessels, three bulk carriers and seven oil tankers, the associationAFP - 52 words
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Article112 1988-08-23 21 A KOREAN crewmember was killed in an accident aboard an oil tanker attempting to dock at the Port of Corpus Christi, port officials said Rin Jin Sang, a Korean national working aboard the Liberian-regis-tered tanker Loire, was struck in the head by a mooring112 words
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623 1988-08-23 22 Reuter CHINA'S decision to open more of its offshore waters to foreign oil explorers has not precipitated the scramble Chinese officials would like to see Foreign oil companies have shown scant interest in a new 65.000 sq km area off China's south-easternReuter - 623 words
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322 1988-08-23 22 Kingsley Wood - By. Kingsley Wood THE REORGANISATION of the NSW Maritime Services Board as a corporation to be managed by a board of directors modelled on commercial lines should be put in hand immediately. according to a report by the Australian State Commission of Audit. It322 words
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Article801 1988-08-23 22 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrans VII 3 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 APL III 2/3 Arrow lines IX 5 ASCI III 1 Asian Ocean VI 1 Bait-Canada line801 words
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352 1988-08-23 22 Reuter IRAQ has a secret pipeline that emerged unscathed from the war with Iran ready to export oil through the Gulf again, oil and shipping sources said. But the sources could not confirm if the pipeline to the Umm Qasr GulfReuter - 352 words
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Article, Illustration299 1988-08-23 23 Seatrade Week DESPITE pressure on exports to the US and an increasingly crowded Pacific, Evergreen has had to raise profit forecasts for the year as its ships sail full on almost every trade. The company is now predicting a NTS 2.4 billion (US$B5 million) surplus, upSeatrade Week - 299 words
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466 1988-08-23 23 Bangkok Post THE Port Authority of Thailand is expected to drop its plan to impose closing dates on container stuffing, a measure requiring exporters to prepare their cargoes for shipment 24 hours before their vessels arrive. Deputy PAT director BoonyingBangkok Post - 466 words
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Article55 1988-08-23 23 Reuter THE PANAMANIAN bulk carrier Aurora Ruby was refloated after a salvage tug arrived to start salvage services, Lloyd s Shipping Intelligence said. The 16.615 dwt Aurora Ruby ran aground on uncharted sand off Gizan. Saudi Arabia It had been bound for Maputo from Gizan with aReuter - 55 words
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Article270 1988-08-23 23 AFP A GOOD level of enquiry circulated in the tanker market for all sizes of vessels over the past week, although rates did not appreciate correspondingly. London brokers E A Gibson said in their latest report. Very active conditions prevailed in the Gulf for very large crude carriersAFP - 270 words
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Article307 1988-08-23 23 Lloyd's List CHINA s development as a major shipbuilding nation is about to take a significant step forward with the construction of its first liquefied petroleum gas carrier. The 3.000 cubic metre capacity vessel could be the prototype for a series of small gasLloyd's List - 307 words
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Article1268 1988-08-23 28 INTEREST continues to be shown in Panamax grain fixing on Friday from the US Gulf to the Continent, with the Kosmaj being chartered for about 56.000 long tons of any grain from the Mississippi to Rotterdam at a lump sum equivalent to the fairly steady level of about1,268 words
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7637 1988-08-23 28 AARHUS Ville de Vesta CM D Atretlement Aug 23 Anna Maersk Maersk Line Aug 25 Hamburg Express Triot Aug 27(PK). Ming Promotion Yang Ming Aug 27 Tang He China Ocean Aug 26 Ever Guest Evergreen Aug 28 B Per mat ScanOulcht7,637 words
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Article1518 1988-08-23 28 AT CONVENTIONAL WHARVES Jorrbt J3 2308 0600 *****600 VmmI Kola Alom J69 23 *****0 2808 0600 Berth Arrival Departure Karunio Jaya I Seng Hm 3 J2 a *****600 2308 1900 24 08 2300 2406 1900 KEPPEL WHARVES Maritime No 1 a 230B0730 23 06 2300 Equator III1,518 words
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Page 21 Advertisements
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Advertisement733 1988-08-23 21 \]~:\^_^!@')%-$+-<?*:}!'*'.|%`& Indicated to Quality Service jAaowe shipping AGENCIES 200 Cantonment Road #12-45 SoutDponr. Smgipori 0208 T« *****11 Tale. RS ***** facsimile *****09 TERMINALS Tel *****11. *****19. *****20 FOR CUSTOMER SERVICE INQUIRIES ANO BOOKINGS Tat *****304 PESAKA JAAOME SHIPPING AGENCIES SON SHO PORT KELANG TW: 36(4111 Tm> MA *****/UA ***** PENANG733 words
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Advertisement77 1988-08-23 21 mm CHINA'S decision fo open more of its offshore waters to foreign oil explorers has not precipitated the scramble Chinese officials would like to see. Page II DESPITE pressure on exports to the US and an increasingly crowded Pacific, Evergreen has had to raise profit forecasts for the year as77 words
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Advertisement578 1988-08-23 21 1 OCEAN LINE BUCK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****33 MAERSK LINE 4 Every Time UK Scandinavia Finland uwj This wee* Anna M 8010 CY 24/8 2300 MRS CFS 24/8 1300 MBS M PARIS BSI2578 words
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Page 22 Advertisements
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Advertisement605 1988-08-23 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HAMBURG EXPRESS LA SEINE LONDON EXPRESS BENALDER BENAVON OSAKA BAY KAQA P KELANG SOUTHAMPTON 29/8 HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN I S AMERICA CONTAINER SERVICE FROM UK/CONTINENT605 words
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Advertisement19 1988-08-23 22 Lines and services represented by ZEMINS Members of the Registry of Accredited (Hf/Stkl Shipping Agents. Singapore National Shipping Association19 words
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Advertisement430 1988-08-23 22 China to build first LPG carrier, Page 111 71 POLISH OCEAN LINES Tel *****44 P Kelang *****C1 3 Telei RS ***** Petat.ng Jaya 7 SyM3 JS'Stffl Fai *****51 Penang W3245 RUHIANO Ml aWTWOHL 2M BUCKLAM) 7/00 EACON SERVICE (FULLY CONTAINERISED SERVICE) FROM EUROPE RUEBELANO N. CE6IELSKI FAHRLANO m v-3 77T771430 words
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Page 23 Advertisements
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Advertisement846 1988-08-23 23 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT: HAMUK UP*ESS U SEINE LOMOON EXPtESS CONTAINERSHIP SERVICES TO/FROM BANGKOK II PEGASUS PROCRESS BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO SABAH SARAWAK AND BRUNEI ft n S Ali846 words
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Advertisement685 1988-08-23 23 EUROPE OUTOMNO VESSEL i, i» a DUTCH SENATOI KMEAN tfUTN «F Ct WF 121 111.09 Iff 122 I7M Iff 123 11.10 •111 Nil 17.11 Mil 13.10 14.11 1110 27.11 2110 2110 VESSEL LONDON SENATM TOKYO SENATM NEW TOM SENATM EE Oil I7J EE 021 21 00 1 Ml i H685 words
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Page 24 Advertisements
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Advertisement537 1988-08-23 24 MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRAN EKRAM IRAN BAYAN IRANIAN SERVICE Singapore 30/8 25/8 Loading forBANOAR ABBAS BANDAR ABBAS KYOWA LINE PNG/8. PACIFIC SERVICE DARA SAMUT Singapore Loading for: 8/9 LAE. PMB. HRA MICRONESIA SERVICE HK LOAD FOR OCEANIA EXPRESS V-19 27/8 OCEANIA EXPRESS V-20 13/9537 words
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Advertisement716 1988-08-23 24 MSline FULLY CONTAINERISED SERVICE CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S PORE LOADING FOR BOTO AC 18 14/9 10/9 DUBAI. DAMMAM. KUWAIT GEN AGENTS CROWN MARINE CO (PTE) LTD TEL: ***** M (9 LinM) FAX NO: *****69 SUB AGENTS: KUALA LUMPUR TEL: *****66/ PENANG TEL: *****0. *****6 UAN HUAT716 words
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Advertisement148 1988-08-23 24 VA FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY KARACHI: ETA 1/9 20/9 AFGHANISTAN NEW CALEDONIA FIJI ISLANDS NOUMEA, SUVA/LAUTOKA PORT MORESBY, PABUAL, LAE MADANG SRI LANKA 31/8 6/9 LONGBEACH, NEW YORK, LOS ANGELES CHICAGO, BOSTON, JAV, PHIL, SAV, MIAMI ALL INLAND DESTNS. 30/8 8/9 bookings: *****88 (8 Lines)148 words
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Advertisement992 1988-08-23 24 r (©EVERGREEN r..n r* i r* Full Container Service EVER GENTRY EVER GATHER EVER GOVERN EVER GARDEN EVER GROWTH Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) OSK TYO CHS BAL NYC IHV AN* RW FLX HK Stf 22 i?» IK" as m imo ioi ALSO ACCEPTING CARGO TO 22!2««- KKTO" «'LA«L(*IA. NORFOLK JACKSONVILLE.992 words
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Page 25 Advertisements
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Advertisement578 1988-08-23 25 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE BANGKOK CONTAINER SERVICE BELAWAN/STRAITS CONTAINER SERVICE VESSEL VOV SIM BLW PEN PKL SW SEA FORTUNE MM In Pi 24/1 »l 27/9 2S/( KOTA MELATI HOI 31/1 2/9578 words
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Advertisement290 1988-08-23 25 co*:' CHINA OCEAN SHIPPING COMPANY UKC CONVPmONAt «VKI KK PCO P Klg Penang loading for 30/1 Rotterdam Antwerp Penang Pklg Spore Bk. Hk( S'hai Qingdao i cheng n w uit w w m yw Accepting FCL Cargo for all other Chinese ports MALATMIA/JA»AM TOLL CO NT AINU SKHVICZ Pklg Spore290 words
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Advertisement534 1988-08-23 25 r BENLIKE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT M UA LM 1M iv» i7i an un an an an an im an aw 22/1 2M 2M 2M 2M 2M 2M a/1 Mfl IM 210 4/10 410 i/K MO 110 Id 10 10.10 U/10 11,10 1110 IVIO IVIO 17(10 I*lo 11/534 words
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Advertisement574 1988-08-23 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY SRIWIJAYA/24W8 OCEAN PRIMA/11WB KUTAI/15WB SPORE ANTWERP H'BURG/ ROAM/ADAM BREMEN 5- 9/9 14/10 18/10 23-25/9 30/10 3/11 303-3 10 2S/10 31/10 Sub)ed to Inducement Also574 words
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Advertisement321 1988-08-23 25 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPIH6 corporation (Burmese National Line) PAGAN VI3IW pa-an \nm S'pore P.K 2V27 Aug 30 Auf/1 Sep Loading for Rangoon P.Kelang Penang Bangkok BANK LINE i SEMI-CONTAINER SERVIf-F NORTHBOUND TO UKC IVY BANK V22N TAUSALA SAMOA VI3N MORAYBANK V6N SPORE RDAM HULL HMBG 9/9 8/10321 words
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Page 26 Advertisements
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Advertisement726 1988-08-23 26 Q K LINE KAWASAKI RISEN KAISHA. LTD. N. AMERICA-ATLANTIC COAST NYC 1/10 8/10 15/10 22/10 HFX 5,10 12/10 19/10 26/10 NFK 29/9 6/10 13/10 20/10 VOY *INDO 14 21/8 CHLS 27/9 4/10 11/10 18/10 •PK PNG 22/8 29/8 6/9 13/9 LB 17/9 24/9 1/10 8/10 RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL726 words
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Advertisement258 1988-08-23 26 Accepting LCL and containerised cargoes Direct to South Africa NEDUOYD COLOMBO HX3tf OSAKA MARU CI4IF CANOPUS OSO2G WW S pore Durban P Eli* 31/1 11/4 13/9 m nn jsn C Town Durban 12It 25/8 JAROINE SHIPPING AGENCIES (REG. *****4/ 00K) 200 CANTONMENT ROAO #12 05 SOUTHPOINT. SINGAPORE 0? TH *****11258 words
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Advertisement572 1988-08-23 26 iiaj s&. AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contelnwi Smgaport P Ketanf Paw* Load** (or. Moth«r Vd 8, Feeder (Mr I»Mn« S y»' 15 1 I Sapt Frem/Mefttydn/AIM KALIDAS *39 (Oct I Oct 1 Oct Frem«Mb/S*dn/Adal TULSiDAS V 3» 3 Nov 77 Oct 27 Oct M I INDIA EXPRESS CONTAINER572 words
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Advertisement642 1988-08-23 26 golden line IQ Qli GUAN GUAN SHIPPING (P1I) LTD hi i yj Tilflt Aw#f Cir««< SINGAPORE 0104 TEL S34JW (10 LINES) Fu *****4 STRAITS/PERSIAN GULF SERVICE: GOLDEN BEAR Colombo/Karachi Dubai GOLDEN HARVEST Colombo* Karach, Dubai CHINA SERVICE BAI YUN SHAN Shanghai HsinKang A W€SStt Huan|pufShan(hai S'porc mi Au( IS/16 Sept642 words
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Advertisement332 1988-08-23 26 v PHIU OniCNT LIN€S PTC LTD HEAD OFFICE 63 ROHNSON ROAO -0? 12 AFRO ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FA* *****76 EAST/FAR EAST FCI LCI SBMCE ETA SINGAPORE DESTINATION DUBAI. DAMBBAN. KUWAIT. BOMBAY DOHA MUSCAT BAHRAIN ABU DHABI t SHARJAH JEDOAH (LCL) EAST AFRICA/MEDITERRANEAN FCL ft LCL332 words
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Page 27 Advertisements
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Advertisement868 1988-08-23 27 NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA General Enquiries: Tel: *****77 Terminal CFS BOOKINGS *****53 27*5742 2212(82 *****53 27W119 *****16 NEPTUNE ORIENT LINES LTD NEPLINE SON BHD. 3HM7 NEPLINE SON BHD *****33 NEPLINE SDN BHD. *****5/*****0/*****1/*****2 NEPLINE SON BHD *****0/23»1 27C5753 27*5742 *****19 *****14 *****11 *****41 INWARD/OUTWARD ENQUIRIES *****44 FAR868 words
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Advertisement466 1988-08-23 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: KELANG, PENANG. KEELUNG, BUSAN. INCHON STRAITS/KOREA SERVICE WEF JUNE 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE II SERVICED Westel l Name ETD BS S PORE PKELANC KEE BUSAN MOJI No 9 Donam/aO7N U/OI In Port 7S-271* 03 03/0) OS466 words
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Advertisement898 1988-08-23 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P. «LANG MESSRS HAI THONG SHIPPING 127 Penang Street. Penang. Maliyaa M S HANDLING SYSTEM CO898 words
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Page 28 Advertisements
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Advertisement262 1988-08-23 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 L*ies| FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO r DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE "VIA LARRACA ACCEPTING CARGO FOR UMASSOL BEIRUT. LATTAKIA, ALEXANDRIA,262 words
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Advertisement56 1988-08-23 28 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAI SHOFUKU OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. CONTINENT VIS ETA SIN 24/S/SS SPORE -> KAOSHIUNG KEELUNG TOKYO -> SHIMIZU -> NAGOYA KOBE 4 DAYS 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS COMPAGNIE MAIGACHE DE NAVIGATION 156 words
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Page 29 Advertisements
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Advertisement414 1988-08-23 29 REGULAR EXPRESS FCL 8. LCL SERVICE VSI Tut Eisriu 207 icsasa Also accepting cargo to:AUSTRALIA Adelaide. Brisbane NEW ZEALAND Wellington, Napier. Christchurch TO USA/CANADA Also accepting cargo to:USA Houston. Savannah Tampa Jacksonville. Wilmington (Del) Norfolk. Baltimore. New York, Boston CANADA Montreal. Toronto. St. John FROM USA/CANADA/EUROPE/MEDITERRANEAN Vsl TNT EXPRESS E.414 words
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Advertisement277 1988-08-23 29 CSP SHIPPING AGENCIES PTE. LTD T«l: *****66 (16 Line*) Fax: *****61 LCL FIXED CONSOLIDATIONTQiS'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore to USA (ALL PORTS) to Auckland277 words
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Advertisement833 1988-08-23 29 < cfs > CRYSTAL FREIGHT SERVICES BEST RATES EVER LOS ANGELES i I ETD SIN: 25/8/88 WEEKLY CONSOL SERVICES FAR EAST V BUSAN 25/8/88 BANGKOK 27/8/88 HONG KONG 28/8/88 KEE/KAOH 28/8/88 LANKA COLOMBO 31/8/88 AUSTRALIA MELBOURNE/SYDNEY 1/9/88 CALL BOOKING HOTLINE FOR BEST RATES 2233 9 2 2 TEL *****88 TELEX833 words
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Advertisement249 1988-08-23 29 Tatsumi Marine DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports subject to inducement (also accepting transhipment cargo OROBA Y. MADANG, KIETA. WEWAK KIMBE. RABUAL via LAE) S PORE: NEPTUNE AGENCIES PTE. LTD Tel: *****77, *****34, *****71 REP OfftCt T* MARINE SERVICES PTE LTD. (TORE) TEL249 words
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Advertisement233 1988-08-23 29 n-t UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 PE IRAQI LINE '••O l S'A't tNTf«Mls| »0« ■4RIT I TdiUJfO*' MV SINDBAD MV ALWASITTI EAST BOUND SERVICE ETA S PORE LOADING FOR 1 29/8 Japan WEST BOUND SERVICE ETA S PORE LOADING FOR 24/t Jeddah.233 words
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Page 30 Advertisements
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Advertisement368 1988-08-23 30 If/ Hai Sun Hup Co (Pte) Ltd TEL *****06 120 Lines, TLX RS ***** 8. RS ***** <4 X ft. I \si i r\ c \r i i\i k i) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS •Subject to cargo inducement NOTE. ALSO CALLING OTHER JAPANESE PORTS, HONGKONG,368 words
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Advertisement223 1988-08-23 30 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/MEXICO AND FRENCH WEST INDIES VSI Spore LeHayrt Comxrtint VSI For: TOY AHA VW Z& tfi STUTTGART EXP Tuffy!!* B PERMAI US W IV) DUSSELDORF UP JUTLAWMA V3P Uli NUERNBERG EXP Also serving GULF Miami. Mobil*. New Orleans, Houston/Mexico City/FRENCH223 words
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Advertisement268 1988-08-23 30 1 ULUUTf I N® 7 ULTIMATE FREIGHT SERVICES PTE LTD Tot: *****11 Tta: ***** F««: *****92 Weekly LCL acceptance to AUSTRALIA all pods NZ HK BANGKOK EUROPE USA CANADA all ports incldg China incldg Laos all major ports Seattle, Portland, LA, SFO A major ports Edmonton. Calgary. VCR Winnipeg, Saskatoon,268 words
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Advertisement695 1988-08-23 30 U dJ V CALL US AT: P. KELANG PENANG J. BAHRU P GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4. *****3 07-*****8 07-*****3. *****5. *****0. *****1 02-*****22 *****68 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE vsi KORRICAN 3U N. DELFT 321 PKELANC SINGAPORE NAGOYA I SHNMZU I TOKYO N OCJMA Ml LOADING695 words
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Page 30 Miscellaneous
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Miscellaneous166 1988-08-23 30 Region! Weather r. m 3 H 1 m Tk K 'it. A 5H Ki SIGNIFICANT WEATHER AND SEA CONOfTIONS AT 7.30 A.M. August 23, 1988 LEGEND: R Thunderstorm Temperature *C Shower Weather s-S w »*> direction with speed la knots Rain U Wave height Cloudy Sky Sartnne winds are MkaM166 words
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