The Business Times, 24 August 1988

Microfilm: NL16233
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 WEDNESDAY, AUGUST 24, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    246 1 Reuter Dow higher WALL STREET was mixed early yesterday with investors uncertain of its near term direction, brokers said. Early gains on favourable economic news gave way to futures-re-lated and technical selling following Monday's steep losses, analysts said. The Dow 30 was up seven points at 1997
    Reuter  -  246 words
  • Article, Illustration
    Bargain-hunting trims losses on local market
    198 1 SHARE PRICES in Singapore moved sharply lower yesterday morning following the overnight setback in Wall Street but the effect was softened by some bar-gain-hunting in the afternoon. After dropping 21.63 points at one stage, the Straits Times Industrial Index later retraced more than half
    198 words
  • Article
    US$ closes firmer against major currencies
    123 1 THE US DOLLAR closed firmer in subdued trading against major currencies in Asia's foreign exchanges yesterday even as traders avoided taking large positions ahead of tomorrow s regular council meeting of the Bundesbank. Market sentiment for the mark was bearish but fear of continued
    123 words
  • Article, Illustration
    Lock icon Record Aussie budget surplus
    484 1 Agencies AUSTRALIA'S 1988-89 budget, announced yesterday, predicted a bright future for the economy with an expected record surplus helping to ease the country's heavy debt burden. The budget surplus forecast almost trebles last year s first surplus in 35 years. "Unquestionably, a better state of affairs
    Agencies  -  484 words
  • Article, Illustration
    UIC to take 80pc stake in travel company
    595 1  -  $2.4 m injection for Sino-America Group By CORRINA LIM,GALEN CHAY UNITED INDUSTRIAL Corporation Ltd, taking a breather from its fast-paced property deals, has agreed yesterday to acquire an 80 per cent interest in one of Singapore's largest travel companies for a nominal
    595 words
  • Article, Illustration
    S$ at all-time high against ringgit
    373 1  -  By ALVIN TAY, Financial Editor THE SINGAPOHfc doiiai yesterday touched an aii time high of $1 3055 against the Malaysian ringgit, a development which reflects the differing interest rate trends on both sides of the Causeway. Bankers said the stronger Singapore dollar also reflected
    373 words
  • Article
    Lock icon American CPI up 0.4pc in July
    154 1 Agencies THE CONSUMER Price Index (CPI), the major measure of US inflation, rose by 0.4 per cent in July, providing further evidence that interest rates could continue to increase. The rate of increase in the CPI, which followed 0.3 per cent advances in the
    Agencies  -  154 words
  • Article
    All eyes on the nominations
    338 1 THE PEOPLE'S Action Party should bag some uncontested seats when nominations for parliamentary elections close at noon today, but it is unlikely the party will win enough walkovers for it to form the government straight away. Political watchers say the PAP will see walkovers in
    338 words
  • Article
    Lock icon Reagan signs historic Trade Reform Bill
    256 1 UPI PRESIDENT REAGAN, using the West Coast's busiest port as a backdrop, signed the historic Trade Reform Bill yesterday saying it will help open world markets for US products and ensure "fair play" abroad. In a dramatic setting at Long Beach Harbour with an
    UPI  -  256 words
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      Page 1 Advertisements Column 1
      177 1 i Top-Flitell. K The longest distance i golf ball. SPALDING O iW MmkaUn Marketing Pte Ltd 60A Martin Rood #04-06 Singapore Warehouse Singapore 0923 lei *****69Te1e* RS2slsoCable "AIEXCO Full report, PAGE 16 Regional Mkts, PAGE 18 World Mkts, PAGE 19 Bank intervention, PAGE 7 Thorn EMI Rentals How to make
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      228 1 Editorial Comment: 10 Investing in education China 10 Growing concern about overbuilding Arms trade 11 who is selling cc whom Home News: 3 Amara shopping centre for sale; Bill outlines proposals for confiscation of corrupt gains Foreign News: 4,5 Call for a stronger Japan; Lottery sales in US rake in
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      Page 1 Advertisements Column 3
      44 1 ■MELwANI »ui ib '"tfc ri .'ic %r j* '">>ea,e, O'Si ■OiSiabob *.»<>.£ -a -t iJSoiJ; -Oc ii -iaj» Singapura Tei *****29 ■PM Lee's question and answer session at NUS, PAGE 2 SDP and PKMS candidates, Page 3 p WE'LL WDRKTHROUGH The Night ForYdu. ABN Bank
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  • HOME NEWS
    • Article, Illustration
      Prime Minister Lee expounds further on Chok Tong's qualities
      836 2  -  By ANNA TEO PRIME MINISTER Lee Kuan Yew has shed more light on his rating of the man who would be his successor First Deputy Prime Minister Goh Chok Tong. In response to a question fielded during a talk at the
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    • Article
      PM recounts history of ISA and 'facts of life'
      520 2 SINGAPORE is in South-east Asia, a region where subversion is endemic. And the nexus between Malaysia and Singapore is an enduring one. So Prime Minister Lee Kuan Yew prefaced his answer to an undergraduate's question on the need for the Internal
      520 words
    • Article
      Not government's job to create opposition: PM
      188 2 IT IS NOT the business of a dem-ocratically-elected government to create a democraticallyelected opposition, Mr Lee Kuan Yew reiterated on Monday. He was replying to a question on why Singapore does not have an effective opposition and whether the GRCs (group representation constituencies)
      188 words
    • Article, Illustration
      Chok Tong: 'Take me for what I am'
      460 2 "I HAVE FAITH in myself... take me for what I am," responded Mr Goh Chok Tong yesterday to the Prime Minister s remarks about his less-than-desired public speaking skills. As he had first said in reaction to Mr Lee Kuan Yew's public
      460 words
    • Article, Illustration
      'BG Yeo a good thinker and a candid man'
      292 2 BRIGADIER-GENERAL (Res) George Yeo Yong Boon, one of the PAP's 17 new candidates for the coming general election, has been assessed by Prime Minister Lee Kuan Yew as a good thinker and a candid man. Mr Lee told undergraduates of the
      292 words
    • Article, Illustration
      SDP introduces last batch of candidates for coming elections
      147 3 THE SINGAPORE Democratic Party yesterday introduced its last batch of candidates, bringing the party's election slate to 19 political hopefuls, including sec-retary-general Chiam See Tong. The candidates introduced yesterday were Mr Neo Choon Ajk. 39. a parliamentary researcher for Lord Avery
      147 words
    • Article
      Three to stand as PKMS candidates
      114 3 THE SINGAPORE National Malays Organisation (PKMS) yesterday introduced its first three and probably its only three candidates for the general election. All three, will contest in sin-gle-seat constituencies. Mr Mohammed Awang will contest in Bukit Batok, Mr Salleh Mohd Bawthan in Chua Chu Kang,
      114 words
    • Article
      Caltex joining the card game
      183 3 BARELY A WEEK after British Petroleum launched its version of the petrol credit card, another oil company, Caltex, has followed in its footsteps. Mr Richard Png, Caltex's general manager and director, said the Star Card, which took the company about two years to work out,
      183 words
    • Article
      Teleview trials involve three schools
      105 3 THREE SCHOOLS will take part in a field trial of Teleview, a multi-million dollar public information system, early next year. Students of Tao Nan Primary, Victoria Secondary and Crescent Girls' Secondary School will be given 390 terminals to use in their homes. Speaking to reporters
      105 words
    • Article
      S'pore Poly to raise intake
      61 3 THE SINGAPORE Polytechnic will increase its intake of full-time students to 10,800 to cope with growing needs. To accommodate more students, a building project costing $30.4 million was launched yesterday by Dr Tay Eng Soon. Minister of State for Education. This project, to be finished
      61 words
    • Article
      Amara shopping centre for sale
      446 3  -  By LEE HAN SHIH, Property Correspondent RIDING ON the property boom, the owner of Amara shopping centre along Tanjong Pagar is putting it up for sale for $47.5 million. Sources said the Teo Teck Huat group has quietly appointed consultants Richard Ellis to market it
      446 words
    • Article
      Bill outlines proposals for confiscation of corrupt gains
      270 3 ONLY THE ASSETS acquired within six years prior to the death of someone found guilty of corruption should be subject to confiscation, says the Select Committee on the Corruption (Confiscation of Benefits) Bill. And if the estate of the person falls short
      270 words
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      239 2 BLOCKG HENDERSON INDUSTRIAL PARK THE CHOICEST INVESTMENT PER SQUARE FOOT Mr i hhm r »r r r i w i r '4 WW <£ _a JV r**< fe/r# i 1 ST W<- -i Y* irnT ""£fTT"«n-TT- E »®rn ,''^^mrr l rnP Sff JL L p T t "inr»U— p-p 1
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      151 3 SHANGRI-LA EXECUTIVE ACCOMMODATION PLAN a una MALAYSIA THAU AND THE EXECUTIVE ACCOMMODATION PLAN OFFERS YOU: Single or twin accommodation at the same special rate Daily breakfast Late check-out of 4pm No pre-payment required Shangri-La Family Plan. No additional charge lor child aged 18 years and under occupying the same room
      151 words
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      Page 3 Advertisements Column 2
      418 3 you make $48.000 a year. $10.000 DBS VISA Premiet Some credit cards offer only a credit limit without overdraft Others provide bonus plans but not insurance on expenditures. Now there is a gold card that combines all the credit you deserve in one card DBS VISA Premier is unique as
      418 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      204 3 •'''"o Hobart Hongkong Honolulu Islamabad UtfinKi A iSTanoui Jakarta Jerusalem Jo'burg Kiev K Lumpur Lima Lisbon London Los Angeles Madrid Manila Melbourne Mexico Oty Max/ Not* Mln (°C) 15/05 Cloudy 15/12 Roin 34/20 Clear 37/30 Clear 33/25 Cloudy 30/25 Cloudy 30/17 Clear 30/17 Clear 28/20 Clowdy 20/13 Clear 32/28 Clear
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  • ASIA-PACIFIC
    • Article
      Lock icon White Paper calls for a stronger Japan
      420 4 UPI JAPAN must strengthen its military might in the face of an increasing Soviet build-up in east Asia, the Defense Agency said in a White Paper approved by the government Tuesday It also stressed the need for enhanced cooperation with the United States
      UPI  -  420 words
    • Article
      Lock icon Economy back on growth path
      136 4 Reuter JAPAN'S economy is expanding steadily after a temporary halt in April and May. a senior official of the government Economic Planning Agency said. The official, briefing reporters on the agency's monthly economic report, said the economy showed almost nil growth around April and May.
      Reuter  -  136 words
    • Article
      Lock icon Japanese may take part in conference on two Koreas
      179 4 AP JAPAN WILL CONSIDER taking part in a six-nation parliamentary conference, proposed by visiting South Korean opposition leader Kim Young-sam, to promote peace on the divided Korean peninsula. But Japanese Prime Minister Noboru Takeshita, in a brief meeting on Monday with
      AP  -  179 words
    • Article
      Rangoon seeks views on one-party system
      298 4 THE BURMESE government has called on the public to express their written opinions on the country's one-party system through a grievance commission to open today, and said no one should fear reprisals. Radio Rangoon called for mass participation in the opinion poll on Monday
      298 words
    • Article
      Lock icon Aquino sugar estate ready for reform
      172 4 AFP PRESIDENT Corazon Aquino s relatives have formed a corporation to distribute shares in the large family sugar estate in compliance with the land reform law. Hacienda Luisita Inc (HLI) would take over ownership of the 6,000-hectare plantation north of Manila from the family-owned
      AFP  -  172 words
    • Article
      Lock icon Complaint against Iranian troop movement
      268 4 Reuter IRAQ says it has complained to the United Nations ceasefire monitoring force that Iran moved troops up to the border over the weekend. The official Iraqi News Agency (INA) said in Baghdad on Monday the Iranian troops had moved back to their original positions
      Reuter  -  268 words
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      Page 4 Advertisements Column 1
      324 4 WHEN YOU HAVE A HUGE PRINTING JOB, EPSON'S NEW DFX-5000 SPEAKS VOLUMES. ■*,y it j w r f f i I f H >30 1. r.' i ml I 1 «Wi2 rvc! I s I n I* I Eritannifa If If »If i f",!, s| i li b y. .n
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      Page 4 Advertisements Column 2
      10 4 Iran to repair oil installations fast. Shipping Times Page XII
      10 words
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      Page 4 Advertisements Column 3
      294 4 'Wtci' iaC(Mt f lutet Stow -AOV The Microcomputer Industry Event of the Year August 25-28, 1988 Hall 3, World Trade Centre, Singapore Don't miss the latest and the best under one roof. Let COMTEC '88 help you in your choice of new computers, software, peripherals, accessories or supplies. COMTEC '88
      294 words
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  • REST OF THE WORLD
    • Article
      Lock icon Pretoria signs ceasefire pact with Cuba and Angola
      343 5 Reuter SOUTH AFRICA has formally signed a ceasefire accord with a combined Cuban and Angolan delegation agreeing to end hostilities in the 13-year-old Angolan civil war. The agreement, signed on Monday at a South African military base near the northern Namibian town
      Reuter  -  343 words
    • Article
      Lock icon South Africa's growth tailing off, says central bank
      131 5 AFP SOUTH AFRICA'S brief economic upswing is tailing off. The Reserve (Central) Bank on Monday forecast growth of gross domestic product (GDP) of up to 2.5 per cent this year, down on last year's 2.6 per cent. But several private sector economists
      AFP  -  131 words
    • Article
      Lock icon Lottery sales in US rake in more revenue
      411 5 UPI AMERICAN lottery ticket sales nationwide climbed 3.4 per cent from U5512.42 billion and pumped US$l2 84 billion into state treasuries in fiscal 1987, a report on the US gaming industry showed on Monday. Massachusetts pulled in US$l.52 billion to edge New
      UPI  -  411 words
    • Article
      Lock icon Bombings by Afghans increase terrorism count
      142 5 UPI A US State Department report on international terrorism says there was a 7 per cent increase in incidents last year, over the 1986 total of 774. The report, released on Monday, said: "This increase resulted from a wave of high-casualty bombings in Pakistan
      UPI  -  142 words
    • Article
      Lock icon Upgrading B-1B bomber may cost US$8b
      137 5 Reuter AMERICA'S troubled B-1B bomber may require US$B billion in improvements to boost its ability to carry nuclear weapons deep into the Soviet Union, a Congressional report said on Monday. The Congressional Budget Office (CBO) told the House Armed Services Committee lawmakers would have
      Reuter  -  137 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      905 5 ARRIVALS Operator S*rvic« Local From number time GIA GA1222 0110 SUB FTl FT9080 0205 DXB AIR CW707 0410 MTS/MRU SWA2I SIA SQ41 0610 MAA SiA SQ69I 0650 KHH GIA GA1122 0700 UPG SiA SQ31 0755 PAR/ROM MAS MH640 0820 KUL KAL KE624 0840 KUL SEY HM601 0900
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      37 5 imm The business person's choice every Tuesday, Thursday, Saturday and Sunday Leaving Chongt Airport at 22 05 hours and ornvmg Heathrow early the fo*owing morning. Col your Travel Agent or A* Canodo ot *****55. AIR CANADA (3
      37 words
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      Page 5 Advertisements Column 2
      139 5 South African trad* hit by •conomic unctions, SHIPPING TIMES II Small is beautiful Introducing United's new, exclusive Business Class, j At United, we believe it's the small things that count. And having a smaller, more exclusive Business Class is one of them. That's why we've just reduced the number of
      139 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      81 5 Doonesbury AND SO GEORGE BUSH HATS SPELLEV OUT UJHAT HE CALLS IHE VISION THING." fTIS, LARGELY, A VISION OF MORS OF THE SAME, ONLY UJUH FEWER PEOPLE 60/MG TO JAIL. STILL; NO CUORP ON UJHCfS PAYI IN6FOR.IT. I ?Mk: a Wm jmm I u c BY GARRY TRUDEAU AND NOW,
      81 words
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  • COMMODITIES
    • Article
      Oil and Products
      91 6 MARKETS remained directionless in thin trading and prices little changed Naphtha talk was screen-driven and jet talk faltered. Closing prices for crude (FOB origin) US$/borrel Chonge Topis (Sep) 14.95 unch Minos (Aug) 14.45 undi Dubai (Sep) 13.17 -0.03 West Texas Intermediate, WTI (Sep)* 15.75 0.03 New York
      91 words
    • Article
      Palm Oil
      387 6 Totol o/p as at 1 lOOhrs: 988 contracts. Turnover: 3787 lots. Market tone: Slightly Easier MALAYSIAN CRUDE PALM OIL FUTURES yesterday closed off the day s lows on short-covering after falling initially on limit losses in overnight Chicago soy complex futures. The falls ranged from Ms 9 a
      387 words
    • Article
      Precious Metals
      238 6 HONGKONG: Gold closed slightly lower in quiet trading yesterday. On the local market, gold rose HK$25 to HK54,039 a tael. The Krugerrand rose HK$3O to HK53.375, or U*****.40. The Maple Leaf and the Australian Nugget each rose HK$l7 to close at HK53.492. equal to U*****.40 TOKYO: Yen-denominated gold
      238 words
    • Article
      KL Tin
      98 6 THE KUALA LUMPUR tin price ros« four cents to end at a two-and-a-half-year high of M 519.56 a kg yesterday. However, volume fell to 62 tonnes from 110 on Monday. The local premium over the price in Europe fell to £40 and attracted some speculative demand. Tin futures
      98 words
    • Article
      SSR and SMR
      77 6 (canti/kg) SEPTEMBER 1988 OCTOBER 1988 (current month) (forward month) RAS NOON NOON Buyer* S*H*ri Buyer* Seller* SSR 20 220.00 222.00N 220.00 222.00N SSR 50 218.00 220.00N 218.00 220.00N MRELB Buyer* Seller* Buyer* Seller* SMR CV 392.00 394.00N 394.00 396.00N SmR l 392.00 394.00N 394.00 396.00N SMR 5
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    • Article
      Rubber
      214 6 SINGAPORE Rubber prices closed slightly easier yesterday with September RSS One buyer quoted at 249 50 cents a kg, down one cent from Monday's close. Prices on the TSR-20 award market retreated slightly towards the close after opening slightly higher. Trading was also thin. September buyer ended at 221
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    • Article
      RAS and MRELB
      282 6 RAS prices in S cents/kg, FOB in t>al«a NOON CLOSE Buyers Sellers Buyers Sellers kit 1 RSS Prompt 250.50 251.50N 249.50 250.50N bit 1 RSS S«p 88 250.50 251.50N 249.50 250.50N Int 1 RSS Oct 253.00 254.00N 252.00 253.00N Int 2 RSS OP 247.50 249.50N 246.50 248.5ON
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    • Article
      Produce Prices
      240 6 Chinese Produce Exchange Sellers' noon doting prices on Aug 23 (SS/100 kg) Coconut oil FOB 118.00 Old drum FOB 128.00 N*w drum FOB 132.00 Copra Mined (loos*) 68 A11 A aa Pepper sailers Mwntok white FOB NIW 822.50 Sorawafc whit* FOB faq NIW 812.50 Sorawafc sp«ciol block FOB
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    • Article
      London markets
      310 6 London Commodity Exchange Buyer/Seller dosing prices on Aug 22 (£/torme unless specified). Previous closing prices in parenthesis. Coffee Basis in -stor London, tellers option CIF London Sep 1038/1040 (1017/1018) High/Low 1046/1030 No* 1055/1056 (1029/1030) High/Low 1062/1043 Sales (3745) Cocoa Sep 887/890 (879/880) High/Low 890/870 Dec 871/872 (864/865) High/Low
      310 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      253 6 The wheat and soybean reports were held over due to pressure on space. Who puts you on the road to results with interactive networking? The dealer with the right connections. The simplest way to improve business operations is to avoid duplication of effort. And the simplest way to do that
      253 words
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  • BANKING AND FINANCE
    • Article
      Asian dollar market
      326 7 ASIAN DOLLAR deposit rates ended steady in quiet trading yesterday. Most operators were sidelined due to lack of fresh factors. Short-dates weakened 1/16 to point at the outset because of lower US Fed funds rate but were subsequently unchanged. Overnight closed at 8 7% per cent. Wednesday/Thursday
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    • Article
      Money markets
      58 7 THE OVERNIGHT rate on the Singapore money market rose point yesterday to end at 5 per cent. Term rates remained unchanged across the board. S$ Interbank rates at the close yestei day: OFf€R BID ntfllW 5 4 3/4 1 -month 4 3/4 4 5/8 2-monlh 5 4 7/8
      58 words
    • Article, Illustration
      World interest rates
      191 7 Indicates tha average of the prim* landing rata* of 12 ma|or banks In S'pora Interbank market rates (offer/bid) on Aug 23 us$ DM SWFC Y«n 7 da n 8 3/16 1/16 10 3/8 1/4 5 1/16 4 15/16 1/16 2 15/16 4 9/16 7/16 frrtti 8 3/8
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    • Article
      Goverment securities market
      100 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 month* BQ*****X 17.11.88 4.18 4.13 4.16 4.10 6 months BY*****T 24.11.88 4.18 4.13 1 year BY*****S 20.07.89 4.61 4.56 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID
      100 words
    • Article
      Lock icon Central banks move in to check dollar's surge
      198 7 AFP THE central banks of the seven major industrialised nations are acting together to keep world currencies stable. This became clear on Monday as the banks teamed up to slow a massive surge of the US dollar when it broke through the
      AFP  -  198 words
    • Article
      Hong Leong Finance raises car rates
      456 7  -  By DEXTER LEE HONG LEONG Finance has raised its car loan rates by one-eighth of a point for the longer maturities, reversing a fouryear downturn in the cost of car financing The move on Monday by Hong Leong, which is the biggest finance company
      456 words
    • Article
      Lock icon New capital adequacy guidelines for Aussie banks
      197 7 Reuter THE AUSTRALIAN Reserve Bank has announced new capital adequacy guidelines which require each Australian bank to have a capital to risk-weighted assets ratio of not less than 8 per cent, with at least 4 per cent in core capital. The bank said
      Reuter  -  197 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      173 7 The following IBM Business Partners can help you on the road to results: Aaron Asher Business Machines Pie Lid 17 Leng Kee Road Singapore 0315 Tel: 472 0911 Asian Computer Services Pie Ltd 154 Clemenceau Avenue #02-00 Haw Par Centre Singapore 0923 Tel: 336 0111 Bizland Systems Pte Ltd 25
      173 words
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      Page 7 Advertisements Column 2
      79 7 I :*T m t 'm WWa 'P* M' v jSf i t'Xr it ht f ay J? I# t j J? if 3 mM W V V, I.f» £1 w\ The Arrow Criterion range. Working shirts with the casual feel. "1 CRITERION BY THE MOST FAMOUS SHPT IN THE WOPLD
      79 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Forex markets
      1474 8 Reuter SINGAPORE: The US dollar closed firmer against most major currencies yesterday. Against the Singapore dollar, the greenback closed slightly firmer at 2.0393/00 in dull trading. It traded within a range of 2.0398 and 2.0395 after opening at 2.0390/00. OCBC The US dollar eased to 1 9040/50 marks
      Reuter  -  1,474 words
    • Article
      Simex
      533 8 DECEMBER Eurodollar futures in Simex yesterday opened five ticks lower than Monday s close at 90.73 as a result of concerted central bank intervention in overnight trading. After edging to the high of 90.74, the December contract plunged to the day's low of 90.69 on rumours in the Far
      533 words
    • Article
      IMM
      248 8 MOST IMM currency futures on Monday settled lower on central bank intervention. Early intervention by the Federal Reserve and almost every other major central bank except the Bank of Japan did little to dampen traders' buying enthusiasm for the US currency initially. Most dealers used the cheaper levels to
      248 words
    • Article
      Comex gold/silver futures
      184 8 Gold futures on Aug 22, 1988 100 troy ounces USS per troy ounce Opon High Low 5MM Aug 430.70 ***** 430.70 433.60 1.90 s*p 434.90 1.80 Oct 434.30 438.70 433 70 437.40 4- 180 DK 440.30 444.50 439.60 443.20 1.80 F«b 447.50 450 80 447.50 449.40 1.80
      184 words
    • Article
      Options
      1458 8 CURRENCY FUTURES OPTIONS Tuesday, Aug 23, 1988 MUTSCHCUARK (8IMCX) Sep i High M call* Lew 1 katt Sap 88 put* High Lew Sa« 50 53 53 54 55 56 57 391 148 43 18 6 39A 85A 157A 250A 346A 5 36 85 159 245 341 58 59 63
      1,458 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      70 8 Authentic Jn6onesian at the... >5 KINTA'MANI -INDONESIAN RESTAURANTSavour true-to-Indonesia cuisine right here. Specially prepared by invited chef Sohyar and his team from the well-known Sahid Jaya Hotel in Jakarta. Exotic. Sumptuous. A real Indonesian experience you must discover yourself. Indonesian Food Promotion: 18 August 4 September 1988 Lunch 12noon- 3.00pm
      70 words
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      Page 8 Advertisements Column 2
      6 8 Keep your investment decisions on target
      6 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      230 9 If you're a secretary with your typewriter Canon N having word processing problems i>7 /Oco y A and micro, eg: it refuses to i /v*-B8 Crt^! oW <ir^ &T tl S^ 0 6 perform mail merging or vertical or cant detect ng spelling, forcing you to make u individual corrections
      230 words
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  • PERSPECTIVE
    • Article
      Investing in education
      585 10 THE CALLS for Central Provident Fund savings to be released for education had been getting louder in the past few years, and especially so after the approved investments scheme was announced Finally the government has accepted the arguments, and is now prepared to let people use their
      585 words
    • Article, Illustration
      Real estate in China
      1767 10  -  Real estate development has attracted the largest amount ot foreign investment to China. To date, more than US$3 billion have been committed to projects in Beijing alone. Unfortunately, the rush is likely to backfire on investors, reports FLORENCE CHONG who was in Beijing recently. Growing concern
      1,767 words
    • Article
      Lock icon Funding projects that promote democracy
      657 11  -  By RUTH SINAI AP FOUR YEARS ago, Liang Heng, a former Chinese Red Guard living in the US, wanted to launch a magazine for Chinese intellectuals. The State Department was concerned about contributing US government money to the effort, fearing that American promotion of Chinese
      AP  -  657 words
    • Article, Illustration
      Lock icon Supplier of arms to the Saudis
      703 11  -  Doubled sales, thanks to Britain's mixture of politics, hard-sell and technical advances By MAUREEN JOHNSON AP BRITISH ARMS merchants have supplanted the US as the biggest supplier to wealthy Saudi Arabia, and edged out long-time rival France as a global purveyor of everything from
      AP  -  703 words
    • Article, Illustration
      Lock icon MICRONESIA: still a long way from paradise
      783 11  -  By GRAHAM EARNSHAW Reuter IF PARADISE means tiny palmfringed desert islands set in a turquoise coral sea, then Micronesia in the northern Pacific might be it. That is. if you ignore the 50 per cent unemployment, one of the highest birthrates in the
      Reuter  -  783 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      100 10 Set yourself up for success with the help of Chinese Geomanc Consult Master Tan Khoofc Yong i i "Feng Shui" for your office, shop, factory or residential premises between 12 noon to 8 pm daily for an appointment now. dt it ii n WAY CHINESE GEOMANC Y CENTRE 149 Roc*™
      100 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      28 10 Have i U3OKCN n/ou up e>C\S"TOU) > 's-» ftoS'SiBUY.. rn Tißeo. Bg EVCNIMQ STANOAftO CO. LTD, IM2—IM« I SREND SL££PI£SS NIGHTS ABOUT THIS JOB =cr J=sf M ~mi p\
      28 words
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      Page 11 Advertisements Column 1
      108 11 Eighth Moon Ecstasy: Experience once again the ecstasy of scrumptious Moon Cakes at Cathay and Kdong Thomson Restaurants. This season's specialty comes with traditional fillings like liin r6ng, melon seeds and egg yolks in our unique nonya-inspired pandan or banana flavoured skins. Choice of two sizes. From 26 Aug J
      108 words
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  • LEISURE
    • Article, Illustration
      Lock icon Hampton still sending out good vibes
      704 12 JAZZ UPI WHEN THE UNIVERSITY of Idaho named its new college of music after Lionel Hampton last year, it was a fitting tribute to a leader whose band bus has been a university on wheels since 1940. Dexter Gordon, Illinois Jacquet, Quincy Jones, Clark
      UPI  -  704 words
    • Article, Illustration
      Lock icon Mid-life crisis, yuppie style
      951 13  -  BOOK REVIEW Yuppies are heading for a mid-life crisis, a financial mid-life crisis, that is. Their fast-spending habits are catching up on them. Worse still, some don't even know their personal assets and liabilities. But not to fear, MELISSA SONES unveils here a book to help
      UPI  -  951 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      235 12 COURyOISIERXO -WHERE TD ENTIECTAIIN 'faietyiPolocy a band with a faraway name but who's right at home with the crowd at Treetops Bar... 8 pm onwards. Royal -\{pfL(£oa3 £n»C Singapore THE INDONESIAN EXPERIENCE AUGUST 15-29 AWAITS YOU... If your interest lies in the exotic, then don't miss our Indonesian Festival from
      235 words
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      Page 12 Advertisements Column 2
      185 12 MALAYSIAN HIGH TEA ONLY $7.00++ > «u Trv Something Malavsian Style "HIGH TEA" From three to six evei\ afternoon your choice of 15 Buffet spread of delicious Kueh Lapis. Kueh Dadah, Mee Siam, Kueh Kuchee, Agar Agar Gundil. Bubor Hitam, Gula Melaka and many more. Unlimited servings Time: 3.00—6.00pm Venue:
      185 words
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      Page 12 Advertisements Column 3
      164 12 PLUM'S YOUR AUGUST FEAST RICH NONYA FLAVOURS AUGUST 22 SEPTEMBER 4 Discover spicy, flavourful nonya novelties at Hyatt Regency Singapore. Come to Plum's and let nonya food expert, Christibelle Savage personally prepare "baba" specials just for you. Nonya lunch and dinner buffets SS2O' hwtQsaujana K s* a THE HOT FAVOURITE
      164 words
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      Page 12 Advertisements Column 4
      195 12 Enjoy the healthiest buffet in town The first-ever Vegetarian Buffet 16 31 August Adults: $13.50++ Child (below 12 years): $9++ Lunch or dinner. Cafe Plaza Plaza Hotel SINGAPORE WARM* COLOUR FUL*tMVITIMG Beach Road. Singapore 0719 Tel: *****11. eDian Xin Buffet Lunch Aug 16 31 9.50** (Adult) $5.50* (Child) Friday Fashion
      195 words
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      Page 12 Advertisements Column 5
      275 12 w A 1 I e ii DONTBRNITIEWtIHt! Produced by special arrangement with f 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 Post Book your tables early for seats of your
      275 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      225 13 (§ubtrtus<&nll *^P* Scottish Saddle of Lamb at only $22.50. August I—3l Our dinner speciality for August is a highland highlight, Scottish Saddle of Lamb. A lamb with a distinct and delicate flavour, your lamb will be finely roasted and served piping hot from the wogon, with sauteed potatoes and buttered
      225 words
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      Page 13 Advertisements Column 2
      0 13 ^%+\?{&]@>?*;\'&&"".:'@-|")]@:`
      0 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      629 13 CRYPTIC PUZZLE ACROSS 1 A little vixen, maybe? (3, 3) 7 Former railman in international business (8) 8 Rebel against low wages? (4) 10 It's illuminating, so how can it be a trick? (6) 11 Possibly a horse a sailor may be glad to get (6) 14 Something like a
      629 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1284 13 to OCB bqqwd INSIGHT Bpm, Channel 12 Tonight's items include: the history, causes and future of the conflict between the rebel Somalia Nationalist Movement of East Africa and the government forces; the problem of homeless children in the world, especially in Guatemala city and; Ireland's difficult road towards a political
      1,284 words
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  • SPORTS
    • Article, Illustration
      Lock icon Tway-Azinger team leading
      329 14 Duo ahead by one shot in Fred Meyer Challenge tournament AP THE TEAM of Bob Tway and Paul Azinger birdied seven .straight holes en route to a 10-under-par 62 on Monday to take the first-round lead in the U*****,000 Fred Meyer Challenge golf tournament in Portland, Oregon.
      AP  -  329 words
    • Article
      Lock icon Malaysian PGA Championship may get permanent site
      169 14 Bernama THE 27-HOLE GOLF COURSE designed by Malaysian Deputy Prime Minister Ghafar Baba at Kelab Rahman Putra in Sungei Buloh near Kuala Lumpur is likely to be the permanent venue for the Malaysian PGA Championship. The challenging course, which Malaysian Professional Golfers' Association
      Bernama  -  169 words
    • Article
      Lock icon Bid to set up fight between Honeyghan and Curry
      192 14 AFP FRANK WARREN is reported to have made a bid to promote a return fight between Britain's only world champion Lloyd Honeyghan managed by Warren's rival Mickey Duff and world light middleweight champion Don Curry of the US. Leading American promoter
      AFP  -  192 words
    • Article
      Lock icon Wilander narrows Lendl's lead
      106 14 AP IVAN LENOL retained his No. 1 men's tennis ranking on Monday, but second-ranked Mats Wilander has cut his lead to its smallest margin in three years. With his victory at the Association of Tennis Professionals championship last Sunday, the Swede increased his computer average from
      AP  -  106 words
    • Article
      Lock icon NZ Open boasts star-studded field
      269 14 AFP WORLD NO. 1 squash players Jansher Khan of Pakistan and Susan Devoy of New Zealand head what officials said yesterday are the strongest fields ever assembled for the New Zealand Open. The women's draw for the five-day tournament, which starts in Auckland today, includes
      AFP  -  269 words
    • Article
      Lock icon Higgins goes his own way
      154 14 AFP CONTROVERSIAL Irish snooker star Alex Higgins has left the Framework team and will be managed by his own company this season. Higgins has slipped to 17th in the world rankings following his ban from the game, and while not completely severing his link with
      AFP  -  154 words
    • Article, Illustration
      Lock icon When Biondi feels like a fish out of water...
      855 14 UPI MATT BIONDI feels more comfortable swimming with dolphins than dealing with the fame that comes from his attempt to win seven gold medals at the Seoul Olympics. "I don't enjoy being seen all the time as Matt Biondi the swimmer
      UPI  -  855 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      233 14 Corporate Electronic Banking. Hexagon. Centralise the finances of your subsidiaries, instantly. Decentralising management control has its problems. Problems that arise because your subsidiaries do not work to your schedules. They may be in another time zone or lack the authorisation to make payments beyond a certain level. Hexagon gives you
      233 words
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  • COMPANY NEWS
    • Article, Illustration
      Tiger Balm out to rub its message in
      841 15  -  Thirty-five distributors of Haw Par's Tiger Balm products from 18 countries are in Singapore for a three-day conference to map out long-term strategies for the product. KEVIN GWEE looks at the proposals which will be used as a blueprint for the future
      841 words
    • Article
      C K Tang offers rights issue only to locally registered shareholders
      359 15 C K TANG has followed in the footsteps of Fraser and Neave in offering its $57 million rights issue with warrants only to Singa-pore-registered shareholders However, C K Tang has not gone to the extent of amending its articles
      359 words
    • Article
      Lock icon Ex-HSBC chief on Elders board
      66 15 AFP HONGKONG-LISTED Elders Investments Ltd has appointed Sir Michael Sandberg, former chairman of the Hongkong and Shanghai Bank, as a non-execu-tive director. Sir Michael, who retired from Hongkongßank in 1986 after nine years at the helm, is currently living in England and will visit periodically
      AFP  -  66 words
    • Article
      Harimau reports 62pc drop in interim after-tax earnings
      324 15 HARIMAU INVESTMENTS Ltd, the last of the four closed-end investment trusts to release its interim results, has reported a near 62-per-cent drop in its group after-tax profits to $1.07 million from $2.81 million previously. Earnings per share fell to 2.14 cents from
      324 words
    • Article
      Lock icon Ashton Mining suffers sharp interim profit fall
      180 15 Reuter DIAMOND PRODUCER Ashton Mining Ltd. 46 per cent owned by Malaysian Mining Corporation, has attributed the 42 per cent drop in its half-year net profit to a stronger Australian dollar and fluctuations in diamond shipment timings. Ashton's interim equity-accounted net profit fell
      Reuter  -  180 words
    • Article, Illustration
      Wah-Chang group expands in Thailand
      535 15  -  By CHUANG PECK MING SINGAPORE-BASED Wah-Chang International has embarked on four new Thai investment projects with a combined paid-up capital of of $80 million. To be carried out through its Thai publicly-listed vehicle. Thai Wah Co Ltd, the investments include a $42.5 million venture capital
      535 words
    • Article
      Lock icon AMMB finds Japanese partner for investment fund project
      264 15 Bernama ARAB MALAYSIAN Merchant Bank Bhd (AMMB). which has proposed to launch a Malaysian investment fund to tap the Japanese market, has identified a Japanese securities house as its partner in the venture. AMMB chairman Tan Sri Azman Hashim did not name
      Bernama  -  264 words
    • Article
      Find out more about the Thai exchange
      171 15 LOCAL INVESTORS keen to know more about the Thai stock market may have a better idea of the opportunities there by taking part in a one-day conference in Bangkok this Friday. The conference, "Investment Opportunities in the Securities Exchange of Thailand," will have
      171 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      221 15 BULLS OR BEARS. Whichever way the stock market is heading, you can look to us for financial assistance to help build a sound investment portfolio. Our Share Financing Scheme provides up to 70% financing. And at rates as low as 6.75 p.a. Find out more. Call 222-1355 today. Standard ft
      221 words
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      Page 15 Advertisements Column 2
      205 15 Bangkok exchange attracts more interest, PAGE 18 INDUSTRIAL SITES 11 :V4l 1. Lot 3967 MK24 at Kaiang Puddng ianm faff Mocptwon ttood/Alunied Rood). DEBENHAM TEWSON TIITP CITY VALUERS PTE LTD 11. Collyer Quay 13-01 The Arcade. Singapore 0104 ei *****79/*****84 StteArea: 8*300.1 sq m (Approx. 89,342 sq fl) Zoning: Zoned
      205 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      31 15 r t/ocs ..^ev/A^z^/v/^v/^/r f&fc 77*£> I^/£&CS, UOtV MCJ&S/&/V£tvCft£ /W£> f/Z/tte-A/AZ /VT//V OA/ &V£Z/C/fi/6 AVP £CCJ&~£"> TU/$ A/£~IV PjeOJFCr.. CUScZr/M* £y&et/ _OT»_ _F^_ Mi Mi //6'6 C>eWV£T &>s<£~ 7ZU. c£ //V l*/Af...
      31 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article
      PROPOSED ISSUES
      307 16 Company RIGHTS ISSUE AMD6 One for four $0 50 per shore C 1 Holdings 27 million loon stocks in the rotio of $3 loon stock for every five ordinary shares held Duta Cons One-for-one $1 10 per shore F N Two-for-five $300 per shore F A C B
      307 words
    • Article
      APPROVED ISSUES
      38 16 Company OTHERS Hotel Prop Non-renounceabfe ott®r by SIMftt of $17 5m HPl Bonds with warrants ottoched on the bosis o' $500 Bonds for 1,000 HPl shores held at par Ex-dote: Aug 15 Books dose: Aug 25
      38 words
    • Article
      COMPANY MEETINGS
      169 16 EVERPEACE CORPORATION Berhad: 21st AGM at 20th Floor, Wisma Supreme, Jalan Punchak, ***** Kuala Lumpur on Friday, Aug 26 at 3.30pm. DAYAPI INDUSTRIES (MALAYSIA) Bertiad: 4th AGM at 15th Floor MCB Plaza.6 Changkat Raja Chulan, ***** Kuala Lumpur on Tuesday, Aug 30, at 10am. SINGATRONICS Limited: EGM at
      169 words
    • Article
      Unit trusts
      321 16 Managers' prices UOB Management for Aug 24 Unifund Urn bond 0 925 101 0925 1034 Singapore 7h e Commerce Unit Trust 099 105 MARA-Bumiputra 645 The Sovngs Fund Spore Prog fund 087 093 first o putra 640 0 41 045 Second B putra 580 585 S pore Sec
      321 words
    • Article, Illustration
      Late bargain-hunting stems spate of selling
      717 16 SHARE PRICES continued to slide but managed to close above the day's low after late bargain-hunting tempered yesterday's selling bout. Sharp declines in New York and Tokyo sparked off a spate of selling by small investors but selective bargain-hunting emerged later in the day.
      717 words
  • Article
    SES SHARE INFORMATION
    5343 16 Gr'a Gr'a 1988 Tel Lost Dlv Dtv rw Not Vol Day Lost O note High Low Cod* Company Solo OC- C'yr P/E ('000) High Low Buyer 8 A |U. •IIWl SECTION ONfe INDUSTRIAL COMMERCIAL 141 95 X e 1000 Acma 120 6 1 ON 2.4 08 50.0
    5,343 words
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  • SES/KLSE
    • Article, Illustration
      Lock icon KL shares finish lower in subdued trading
      3504 17 MBT SHARE PRICES closed easier but off the day's lows on the Kuala Lumpur stock market yesterday. Trading remain subdued as dabblers showed no urgency at all. The mixed trading the day before was only a brief respite as sellers dominated trading again.
      MBT  -  3,504 words
    • Article
      Lock icon Operator sought for Oriental KL
      445 17 NST HAZAMA GUMI, the new owner of the Oriental Kuala Lumpur, is trying to mobilise a construction and technical crew to shape up the once "abandoned" hotel and to enable work to begin by the middle of next month. The Japanese construction giant which outbid
      NST  -  445 words
    • Article
      DIVIDENDS ANNOUNCED
      491 17 P—.. Tow tec Total tor poyrrvon< j«i« ctooo poyabto mo yoor toot ymmr 1J N NVA 31 .3*% 27% X J*Z* A 30 *>' S.P 26 6% 6% 3% Aug 19 Sop 2 Sop 29 7% 5% Si '0%™ Aug 25 Sop 8 Oc» 3 10% 20% C
      491 words
    • Article
      BONDS, LOANS & WARRANTS
      573 17 BONDS, LOANS WARRANTS Company Expiry/ Coupon Conversion period Ivti9r#8t 1 I maturity <%> payable ihtrv date Oman Hup Wrti 1991 Anytime on or ofter Mor 1987 16 warrants plus $1 60 cash until Dec 31. 1991 City Dev bonds 1994 5* Feb 1 Chy Dev Wrti 1992 Anytime on or
      573 words
  • Page 17 Advertisements
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  • REGIONAL MARKETS
    • Article, Illustration
      Lock icon Bangkok exchange attracts more interest
      650 18 FT BURGEONING foreign interest in Thailand's stock market this year has had a psychological impact on trading, bringing new influences to bear on investors. As the economy heads for growth of 8 to 9 per cent, the Securities Exchange of Thailand has become increasingly attractive
      FT  -  650 words
    • Article
      Lock icon Pacific Dunlop sets. up new latex factories
      239 18 Reuter PACIFIC DJUNLOP Ltd is to spend As7o million on two new latex products factories in Thailand and Sri Lanka. The Sri Lankan plant, to be built near Colombo, will produce medical gloves and condoms for Pacific Dunlop's Ansell division, the world's largest
      Reuter  -  239 words
    • Article
      Lock icon Swire unit to pay higher dividends this year
      197 18 Reuter SWIRE PACIFIC Ltd unit Hongkong Aircraft Company Ltd (Haeco) is paying a final dividend for 1988 of not less than HKSO.36 a share, compared to a 1987 final payout of HKSO.34. Haeco chairman Peter Sutch said the high aircraft maintenance workload,
      Reuter  -  197 words
    • Article, Illustration
      Lock icon Shares down
      530 18 Tokyo Reuter TOKYO share prices closed lower yesterday with no fresh bullish news and a number of concerns paralyzing the market and keeping it down, brokers said. "We're basically dealing with a lot of nervous people. There is no reason to be confident so the market is coming
      Reuter  -  530 words
    • Article, Illustration
      Stocks sharply lower
      476 18 Australia AUSTRALIAN stock prices yesterday moved sharply lower in late trading on increased nervousness ahead of last night's release of the federal budget. Brokers said the national share market closed near the day's lows, with losses posted in most major sectors in thin, featureless trade. They said
      476 words
    • Article, Illustration
      Stocks close lower
      1423 18 Hongkong HONGKONG share prices finished lower yesterday after a day of nervous trading following Wall Street's weak performance, but rebounded from earlier lows, brokers said. The Hang Seng Index closed 32.01 down at 2,532.13 and the Hongkong Index lost 20.07 to 1,672.24. Turnover was HK$52l 05 million.
      1,423 words
    • Article
      Lock icon Taipei: Record high
      355 18 Reuter TAIWAN share prices ended at a record closing high yesterday despite late selling by profit-takers. The weighted index rose 53.57 points or 0.66 per cent to end at 6,214.46 against an early 8.356.91 and Monday's 8,160.89 close Turnover rose to NT551.72 billion from NT539.6 billion. Many
      Reuter  -  355 words
    • Article
      Lock icon Manila: Selling continues
      105 18 Reuter SHARE PRICES in Manila dropped again yesterday as bearish investors continued to sell for lack of immediate prospects for profit. "Investors and players seem to be pulling out as they probably foresee poor performance of the market in the next two or three months," said Ramon
      Reuter  -  105 words
    • Article
      Lock icon New Zealand: Still weak
      158 18 Reuter AUSTRALIAN BUYING in the afternoon session helped prop up the New Zealand share market yesterday, but it was not enough to prevent the Barclays Index from sliding 12.34 points to 2.030 20. Brokers said they had expected a lead from the Australian share market, ahead
      Reuter  -  158 words
    • Article
      Lock icon Seoul: Bearish sentiment
      230 18 Reuter SEOUL stock prices closed lower in moderate trading yesterday as a bearish mood persisted. The Composite Index shed 3.33 points to finish at 690.27 on a turnover of 156 billion won against 132.2 billion on Monday. "The market is expected to remain lacklustre this week," one
      Reuter  -  230 words
    • Article
      Lock icon Bangkok: Down
      112 18 Reuter THE SECURITIES Exchange of Thailand Index fell 1.10 points to 431.42 yesterday on a turnover of 9,819.332 shares worth 503.70 million baht. Reuter r.;i u. Industrial Finance Corp 136 •2 Intl Cosmetic Jaiaprathan Cement 4(3 6 Maboonnhroig Malal Box Poat Publishing Sana Union 366 4 Siam Camant
      Reuter  -  112 words
    • Article
      Lock icon Bombay: Heavy profit-taking
      149 18 Reuter SHARE PRICES fell in Bombay yesterday on heavy profit-taking after a week-long rally, triggered by lower institutional buying, brokers said. Attention was concentrated on a five billion rupee debenture issue by Reliance Petrochemicals Ltd which opened on Monday. "The market rally was chiefly fuelled by heavy
      Reuter  -  149 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      447 18 NOTICES IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND ALUVILLA CO. PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At on Extraordinary General Meeting of Aluvllla Co. Pte Ltd. duly convened .and held at No. 1 North Bridge Road. #1046/07 High Street Centre, Singapore 4)617 on 17th August. 1988 'the
      447 words
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      Page 18 Advertisements Column 2
      120 18 NOTICE NOTICE IS HEREBY GIVEN that, I Cheng Tow Min of No 462 C Serangoon Road Singapore 0821, has applied for a Ist Class Beer House licence in respect of premises at M/s Fuzhou Restaurant at 50 East Coast Road #03-00 Roxy Square Shopping Centre Singapore (1542), and that this
      120 words
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  • WORLD MARKETS
    • Article, Illustration
      Stocks close below 2000 level
      842 19 New York WALL STREET stocks closed at their lowest levels on Monday since the end of May and below the psychological support level of 2000. Analysts said weaker bond prices, thin trading and persistent fears of higher interest rates and inflation all pressured equities prices.
      842 words
    • Article, Illustration
      Lock icon Stocks open lower
      996 19 London Reuter SHARE PRICES opened lower yesterday after an initial mark-down in response to a 26-point drop on the New York market, concerned by the prospect of higher US interest rates. Wall Street s fall below 2,000 on the Dow Jones 30 share index weighed heavily on
      Reuter  -  996 words
    • Article
      Lock icon Irish Distillers rejects bid
      72 19 AFP DUBLIN-BASED whiskey group Irish Distillers has rejected a £253 million takeover bid by British group Grand Metropolitan, while French group Per-nod-Ricard has formally denied stock exchange rumours that they are to mount a rival offer Irish Distillers chairman Joe McCabe said the Grand Met bid.
      AFP  -  72 words
    • Article, Illustration
      Lock icon Revamp cuts Apple into four slices
      387 19 NYT APPLE COMPUTER Inc has announced a sweeping corporate reorganisation that splits the company into tour autonomous divisions and eliminates the position of chief operating officer. The company said the reorganisation would decentralise decision-making and let the company grow faster. "What it does is
      NYT  -  387 words
    • Article
      Lock icon US brokerages profit from mergers
      429 19 Reuter SOME WALL STREET firms are enjoying record profits due to such merger-related activities as merchant banking, traditional investment banking and risk arbitrage. according to analysts. However, those firms more dependent on commissions from small investors are having a difficult time. For those making money,
      Reuter  -  429 words
    • Article
      Lock icon EUROPEAN MARKETS ROUNDUP
      1811 19 Reuter PARIS: French share prices yesterday ended the last session of the August bourse accounting month easier but marginally off lows in nervous, thin trading. The 50-share bourse indicator posted a late 1 09 per cent drop compared with a low of 1.40 per cent down early
      Reuter  -  1,811 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      424 19 HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1988 The Board of Directors of Harimau Investments Limited is pleased to announce the unaudited results of the Group and the Company for the six months ended 30 June 1988:30.06.88 GROUP COMPANY
      424 words
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  • LATE FILE
    • Article
      Lock icon Tun Salleh gets Kelantan award
      42 20 Bernama TUN Mohamed Salleh Abas, who was sacked as Malaysian Lord President recently, was yesterday conferred the Darjah Pahiawan Yang Amat Gagah Perkasa by the Sultan of Kelantan in conjunction with the sultan s 38th birthday. Bernama
      Bernama  -  42 words
    • Article
      Lock icon DAP members want to join BN
      42 20 Bernama A GROUP of 40 DAP members quit the party yesterday and declared their interest to join a Barisan Nasional component to Prime Minister Dr Mahathir Mohamad before he addressed a gathering in Johor Baru. Bernama
      Bernama  -  42 words
    • Article
      Lock icon Moscow denies media charge
      30 20 AFP MOSCOW yesterday angrily rejected as "groundless and absurd" suggestions in Western media that Moscow had a hand in the death of Pakistani President Zia ul-Haq.
      AFP  -  30 words
    • Article
      Lock icon Russians halt troops retreat
      40 20 UPI SOVIET military officials in Kabul have decided to halt troops withdrawals from Afghanistan until the onset of winter and blame the delay on violation of the Geneva accord by Pakistan, a diplomat said yesterday. UPI
      UPI  -  40 words
    • Article
      Lock icon Olympic torch leaves Greece
      39 20 Reuter THE 1 kg-Olympic torch was lit from the sun's rays yesterday amid the ruins of the ancient birthplace of the games and began its 25-day journey for the start of the Seoul games. Reuter
      Reuter  -  39 words
    • Article
      Lock icon British GDP up 1.3pc
      53 20 AFP BRITAIN'S gross domestic product rose 1.3 per cent in the second quarter from the previous quarter and 5.2 per cent from a year earlier. The Central Statistical Office said yesterday the figures reflect the strength of British economic growth and were generally in line with
      AFP  -  53 words
  • Article
    Lock icon Comex gold and silver
    70 20 Reuter COMEX gold futures yesterday drifted lower on news of a 0.4 per cent rise in US consumer prices in July. In quiet morning dealings, October delivery was off US$O.7O at U*****.70 an ounce after locking itself into a small range of U*****.50 to U*****.20 Comex
    Reuter  -  70 words
  • Article
    Lock icon Suspended KL judges submit applications
    101 20 Bernama THE FIVE suspended Malaysian Supreme Court judges have submitted their applications to be represented by lawyers during the tribunal proceedings which will begin on Aug 29. tribunal secretary Dr Mazlan Ahmad said yesterday. He declined to reveal the names of the lawyers or the
    Bernama  -  101 words
  • Article
    Reebok International serves injunction
    461 20  -  Nearly 36,000 pairs of shoes at issue By WILLIAM CHIA SIX CONTAINERS containing 35,832 pairs of highly soughtafter Reebok shoes shipped here from Nagoya two months ago cannot now make the voyage back to Japan because of a court injunction. Royal Corporation of Japan had hoped
    461 words
  • Article, Illustration
    We are confident of victory, says Mahathir
    573 20  -  By PAUL GOPAL PRIME Minister Datuk Seri Dr Mahathir Mohamad has dismissed suggestions Malaysia was heading for a "dictatorship" under his leadership. And even if his Barisan Nasional candidate was defeated in the Johor Baru by-election. Dr Mahathir said, he would not change
    573 words
  • Article
    HongkongBank reports 18.6pc higher profit
    115 20 THE HONGKONG and Shanghai Banking Corp, the British colony's leading bank, has announced an 18.6 per cent profit increase for the first six months of the year. The bank announced the unaudited profit for the six months ended June 30. 1988 attributable to shareholders was
    115 words
  • Article
    Cahners pact: no share change
    376 20  -  By ANDREW RAJKUMAR THE MERGfcH agreement between Cahners Exposition Group (S) Pte Ltd and Interfama Pte Ltd docs .iot involve changes in either company s shareholdings. Mr Kerry C Gumas, Cahners's regional managing director, said major events such as ENEX-ASIA (Eiectric-Asia Asia Electronics) would continue
    376 words
  • Article
    Lock icon Taiwan's per capita GNP set to rise
    202 20 AFP TAIWAN'S per capita gross national product is expected to reach US$6,OOO this year, up from last year's $4,939. the directorate general of Budget, Accounting and Statistics has reported. Per capita GNP was U551,469 in the second quarter, reflecting a 22 6 per
    AFP  -  202 words
  • Article
    Lock icon Masses demonstrate all over Burma
    149 20 Reuter MORE THAN half a million people marched peacefully through cities across Burma yesterday, demanding an end to the 26-year-old socialist regime. Troops deployed under martial law were pulled back in Rangoon. where at least 100,000 people took control of the streets, declaring they would
    Reuter  -  149 words
  • Article
    Lock icon Laurel threatens civil disobedience
    353 20 Agencies PRESIDENT Corazon Aquino s rebellious vice-president threatened a mass civil disobedience campaign in the Philippines in his bid to force an early presidential election. Salvador Laurel, speaking yesterday at the start of a nationwide tour to try to gain public support for his bid to
    Agencies  -  353 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      156 20 In a prosperity-filled year of 88, there's no better name than Winners; For the chic, new bar we've created in our lobby; Dedicated to those with a taste for winning. Late breakfasts and lunches. From 10 am till 2 pm, a contemporary restaurant and bar; Fresh sandwiches, pies and soups;
      156 words
    • Advertisement
      Page 20 Advertisements Column 2
      954 20 Rangoon seeks views on one-party system, PAGE 4 Assertiveness Skills for Managers Singapore, September 14 —16, 1988 The aim of this workshop is to teach managers how to: take charge in their jobs handle conflict with strength and decisiveness get tasks accomplished while maintaining effective relationships make requests and how
      954 words
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  • SHIPPING TIMES
    • Article
      Singapore set to become a major convention centre with SingaPort
      450 21  -  By LINDA CHEE SINGAPORE is set to take its place on the world map as a major maritime convention centre. Starting next year the Port of Singapore Authority will organise the first in a series of annual conferences and biennial
      450 words
    • Article
      Remaining Ace members set up new consortium
      357 21  -  By LINDA CHEE THE THREE remaining members of the Ace group have formed a new" consortium to operate services between the Far East and Europe, with eftect from Jan 1 next year Kawasaki Kisen Kaisha ("K" Line). Neptune Orient Lines and Orient Overseas
      357 words
    • Article
      Lock icon US builder emerged from bankruptcy as employee-owned
      397 21 NYT ONE OF THE largest shipbuilding and tugbuat companies on the US west coast is scheduled to emerge from two years of bankruptcy proceedings under the ownership of its 400 union workers In a move that the unions say would make the company
      NYT  -  397 words
    • Article
      Lock icon South African trade hit by economic sanctions
      803 22 Lloyd's List INTERNATIONAL measures have cut South Africa's exports by 7 per cent since 1985. But according to a report commissioned by Commonwealth Foreign Ministers, a number of other countries have leapt into the void left by those imposing sanctions. While action by
      Lloyd's List  -  803 words
    • Article
      INDEX TO ADVERTISERS
      981 22 AB Shpg V s ABC Contain*' IX 1 Accord Shpg VI Ahrenkiel Line' X Alltrons VII AC Toepfer XI American Tpt XI Anro Service IV Arrow lines IX Asian Ocean XI Assoc Cornoge XI Atlas line X ANl 1 A PC line V API III ASCI III
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      Australian waterfront report delayed
      130 22  -  By KINGSLEY WOOD Writing for BT from Sydney THE AUSTRALIAN Interstate Commission's draft report on the Australian waterfront, due out at the end of July, is running up to a month late Reports indicate it will be a lengthy document of up to five volumes. Early
      130 words
    • Article
      Inmarsat programme to assist nations using mobile satellites
      283 22 INMARSAT is about to institute a programme designed to assist developing countries to gain maximum benefit from mobile satellite communications. The likely programme elements will include: Training of technical, administrative and marketing personnel from developing countries at Inmarsats headquarters in London; The
      283 words
    • Article
      Lock icon Reefer ship design breaks new ground
      372 23 Fairplay TWO PALLET reefer/container vessels currently building at Fincantieri's Ancona yard tor Armatori Partenopi will break new ground in terms ot their design. The pair will employ a side-loading system as the main cargo handling mode a departure from conventional 10-lo systems of most
      Fairplay  -  372 words
    • Article
      Lock icon US Navy joins rescue teams to find cruise ship
      126 23 UPI THE US NAVY has joined Indonesian search and rescue teams "racing against time' to find (our Americans and six others aboard a tiny cruise ship that has been adrift in the Indian Ocean for 10 days. "We have permission for
      UPI  -  126 words
    • Article
      Lock icon Kuwaiti ship sails home after eight years
      184 23 Reuter A KUWAITI ship trapped eight years in Iraqi waters by the Gulf war has sailed home after the declaration of a ceasefire on Saturday, the ship's owners said. The Ibn al-Haitham, caught since 1980 in the Khour al-Zu- bair inlet in the
      Reuter  -  184 words
    • Article
      Lock icon WEEKLY FREIGHTS
      763 23 AFP GRAIN CARRIERS seeking employment in the US Gulf met increased demand over the past week on the dry cargo market, observers noted. Traders consequently raised their nominal rate quotations for Panamax vessels (50,000-70,000 tonners capable of navigating the Panama canal) on the US Gulf to Europe and
      AFP  -  763 words
    • Article
      LONDON FREIGHTS
      1289 28 ACTIVE chartering by the Indian government, mainly for grain cargoes but also for fertiliser and coal, featured the freight market on Monday, shipbrokers said Wheat was covered from the US west coast to India at an unchanged USS37 but $44.50 was paid from the Gulf to India against
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      SHIPPING LIST where your ships are due...and when
      9118 28 AARHUS Anna Maersk Maersk Lma Aug 25 Hamburg Express Triot. Aug 27(Wt). Ming Promotion Vang Ming Aug 27 Tang Ha China Ocean Aug 28 Ever Quest Evergreen Aug 28 B Permai ScanDutcht Aug 29 Villa de Mercere CM D Atrettement Aug 31
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      SHIPS IN PORT
      1556 28 AT CONVENTIONAL WHARVES Suroboyo II J3 24 06,0700 2506 23® i trtern C'OSS 1 JI2 24 *****0 24 06 06® V*SMl Berth Arrival Departure MARINA WHARVES KEPPEL WHARVES Gold Mountoin IC36 Koto Bakti K32 Koto Mutioro K3I alongside alongside olongside 26 06-2300 2606 1830 26 06 1800
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    • Article
      Lock icon Iran to repair oil installations at 'maximum speed'
      360 32 Opecna IRAN will repair its damaged oil installations "at maximum speed" as soon as the United Nations-mediated ceasefire proves to be durable. Iranian Petroleum Minister Gholamreza Aghazadeh announced. Speaking at a press conference, the minister stressed that the government haa giver, "top
      Opecna  -  360 words
    • Article
      Lock icon Japan relaxes Gulf safety measures
      124 32 Reuter JAPAN'S shipowners and seamen s union have agreed to relax saieiy measures for Mid-East Gult shipping effective immediately, shipping sources saio The accord followed the implementation on Aug 20 of a United Nations-bro-kerea ceasefire in the Iranian-Iraqi war. Japanese ships will be free from
      Reuter  -  124 words
    • Article
      Lock icon Cargo ships resume docking at Bandar Khomeiny after ceasefire
      247 32 AFP IRAN has started to re-use a major port in the north-east Gulf that was the target of frequent Iraqi air raids. The Iranian news agency IRNA said two cargo ships loaded with wheat and sugar docked on Sunday at Bandar
      AFP  -  247 words
    • Article
      Untitled
      299 32 Aug 24-31 CAD/CAM in Shipbuilding, conference, Leningrad. USSR. Sep 6-9 Baltexpo '88, 4th international maritime exhibition, Gdansk, Poland. Sep 13-16 3rd International conference on stability and handling of liquid fuels. Institute of Petroleum conference. The Cavendish Conference Centre, 20 Duchess Mews, London Wl. Sep 15-16 Singapore International Bunkering Conference (SIBCON
      299 words
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      651 21 ~>v TIMES STP Distributors WW/ Dedicated to (2"£*lity se**vice jAROINE SHIPPING AGENCIES 200 Cantonment Rom) #12-05 SouWpoint Smgi pee 0206 Tel *****11 Tetai RS ***** Facsimile *****09 TERMINAL/CFS Tit *****11 *****19, *****20 FOR CUSTOMER SERVICE INQUIRIES AND BOOKINGS T« *****30.5 PESAKA JAROINE SHIFTING AGENCIES SON IHD PORT KEIANG T« *****1S
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      98 21 J J-il l) j INTERNATIONAL measures have cut South Africa's exports by 7 per cent since 1 985. But according to a report commissioned by Commonwealth Foreign Ministers, a number of other countries have leapt into the void left by those imposing sanctions. Page II TWO PALLET reefer/container vessels currently
      98 words
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      543 21 s "wg sS suc£t> MAERSK LINE Every Voy Spore Feeder *rony Port Malaysia Keiang To: Eurof>e— UK Scandinavia Finland To: Mediterranean Sea 6 8 '6/9 18/9 23/9 24/9 26/9 26/9 28/9 29/9 30/9 1/10 2/10 UlO 2/9 23/9 25/9 30/9 1/10 3/10 3/10 5/10 6/10 7/10 8/10 9/10 M 0
      543 words
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      583 22 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HAMBURG EXPRESS ±A SEINE LONDON EXPRESS BENALDER BENAVON OSAKA BAY KASUGA MARU AMSTERDAM. CARIBBEAN I S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT BENAVON THAMES MARU OSAKA BAY KASUGA MARU LARGS BAY CALLING AT #KOBE 5/9, #TYO 819 CONV/SEMI-CONTAINER SERVICE TO MED EUROPE BREMERMALTA CASABLANCA LEIXOES BILBAO
      583 words
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      98 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National \rjQjE£ff. Shipping Association. M CSAV Compariia Sud Americana dc Vapores S A SERVICE to/from CHILE FEEDER |S KMC I MOTHER VESSEL HK TOKO ARICA IQQ ANTOFVAIP SAI VESSEL CSAV t H VELAT VMB 1M 7/11
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      465 22 '31 POLISH OCEAN LINES Agents Optorg Shipping Pte Ltd Singapore Te! ******4 Teiei RS 21.'45 Fji 22SSU1 P Ke.jnj mmci 2'3 Pet*ling Jaya ***** M *****03 Penang *****S PUMtANO 6/M otortwoMi. im mjCKIAM) EACON SERVICE (FULLY CONTAINERISED SERVICE) FROM EUROPE RUEBELANO H CECIELSK FAMRLANO m a NMtMg Tetyc Wi M
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      1021 23 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Vyl P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok MaUNQPIBS LA SEME umum anas BENALSU K MA VON OUU (AT Also Accepting Cargo For: mil!»■ :ti fl|li>Hli. A»r* ptcasus procress PtCASUS PIONEER >*»
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      646 23 SC3S INSPECTION 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 r^n EUROPE EE 121 21 H SENATOR LINK G*n*f«i Ag*nt: El ■VI *ll Wf: USA/PANAMA
      646 words
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      555 24 mSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN EKRAM IRAN BAYAN Singapore 30/1 2W Loading for BANDAR ABBAS BANDAR ABBAS KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: t 1/10 LAE, PMB, HRA MICRONESIA SERVICE OCEANIA EXPRESS V-19 27/8 OCEANIA EXPRESS V-20 13/9 YOKO ASIAN
      555 words
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      890 24 J/C.&LINE tmu iNWi :o»f»*ATi»a FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ "Ti A Member of the Ace Coosortum KOREAN CHANCE 3W 24/t ACE CONCORD ltW 2S/S ORIENTAL CHIEF UN 5/9 TRANSWORLD BRIDGE 44W 11/9 NEPTUNE DIAMOND 77W 11/9 NEPTUNE CRYSTAL 47W 21/9 CHINA CONTAINER 47W 2S/9 FROM L'JROPE VIA SUEZJ
      890 words
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      122 24 FREIGHT LINKS EXPRESS y PTE LTD DIRECT SERVICE TO BOMBAY ft KARACHI: ETA 1/9 20/9 AFGHANISTAN NEW SERVICE KABUL/HAIRATAN/TORGHUNDI 1/9 A 20/S AUSTRALIA/ NEW ZEALAND bookings: *****88 (8 Lines) SINGAPORE: *****43 (25 Lines) JOHORE BAHRU: (07) *****2, *****7 KUALA LUMPUR: (03) *****66 (6 Lines) PENANG: (04) *****9, *****5 JAKARTA: (021)
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      861 24 EVERGREEN Full Container Service EVE* GENTRY EVER GATHER EVER GOVERN EVER GARDEN EVER GROWTH Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) "V W.C PUS OS* TVO CHS BAL NYC LNV AM ROW FU HOC SCP HI 22 .S? .fff 2/10 u/M 12/u i*u una 11/u *u u Hi .S H! 5! wiwiwiMiifiiiiiiiaMivii m
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      45 24 1 SHOREPACK FREIGHT SERVICES (S) PTE LTD TEL: 224-2542 (4 LINES) FAX: *****8 TLX: RS 433 M WEEKLY LCL A FCL SERVICES TO/FROM: Europe UK/N. Cont/Scandinavian ports F. East Bangkok/Hongkong/Taiwan/Korea/Japan U.S.A. East/West Coast ports Australia/New Zealand/S. Pacific Islands Continuous r*c«lvtng al our CFS/Coltoctton S»ryic»« available
      45 words
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      664 25 PACIFIC INTERNATIONAL LINES AV\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE MAJAFAMT OOWA HOT A EAGLE ACCCmNQ MURORAN HITACHI CARGO VIA HKG JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE SIN jut SIN VEB6EL KOTA MELATI MY >MC MM Wl 1* 7* m 1H 14*
      664 words
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      265 25 CHINA OCEAN SHIPPING COMPANY ukc cowvnmowA? KK PGO P.KIg Ptnang Loading for 3W Rotttrdam/Antwerp Ptnang Rklf Sport Bkk Hkf S'hai Qti^ao E CHENC 0 lift aft ixft 23/1 9ft Accepting FCt Carfo for ill otter Chinett port* XALATMA/JAPAW FULL COKTAPm mvia Pklg Sport Bangkok Hongtong Koto Shanghai SHANGCHENG VH 12/1
      265 words
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      545 25 \r BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT lit 1« IM t« M nn aw a i im an an 22/1 m/i wi a/i an an an an an an va *a */a t.lO VM lit 111 Kit U« u/a urn am um via iva ma uta ant ivi
      545 words
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      445 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 SRIWIJAYA/24W8 OCEAN PRIMA/11WB KUTAIISWB ANTWERP H BURG/ RDAM/ADAM BREMEN 14/10 11/10 26/10 29/10 26/10 31/10 Sub|ect to Inducement. Also accepting cargo to CesaMance, Port Said,
      445 words
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      Page 25 Advertisements Column 5
      391 25 BOUSTEAD SHIPPING AGENCIES PAGAN VUIW pa-an vunr HAM VMI BURMA FIVE STAR SHIPPING CORPORATIIIH (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok S9 BANK LINE SEMI-COWTAiNEW SFRVirr HLAVY Lirr CAPABIi ITV IVYBANK V22N TAUSALA SAMOA VI3N MORAYBANK VCN SPORE ROAM HULL HMBG 9/9 1/10 15/10 12/10 4/10 31/10
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      1051 26 13 KAWASAKI KISEN KAISHA. LTD. K'linb N. AMERICA-ATLANTIC COAST HFX 5/10 12/10 19/10 26/10 NYC 1/10 1/10 15/10 22/10 •INDO 21/8 28/8 5/9 12/9 •PK PNG SGP LB 17/9 24/9 1/10 8/10 NFK 29/9 6/10 13/10 20/10 CHLS 27/9 4/10 11/10 18/10 RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH
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      Page 26 Advertisements Column 2
      859 26 a a a a?: AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* TULSIOAS 37 KALI OAS ¥39 TULSIOAS V 31 KAtIDAS V4O P Keiang Penan| Loading tor Br Feeder By Feeder I Sept t Sept f '«n KWb Srdn A(W 1 Oct 1 Oct Fron/IMb/Sydn Add Oct 27 Oct Frem IMb
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      Page 26 Advertisements Column 3
      680 26 GOLDEN LINE <0\ CU»N GUAN SHIPPING (Pit) LTD ■I I 23 Ttto* Ayer Street V*-— SINGAPORE 0104 Til U4JMS (It LINES) Fat SJ43SO4 STRAITS/PERSIAN GULF SERVICE: Spore P Kelani Penan* GOLDEN BEAR Cotombo/Karachi'Dubai il* Saj* GOLDEN HARVEST Cotombo Karachi Dubai 21/21 Sept CHINA SERVICE •Al TUN SHAN Shanftiai Hsinßani 1/2
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      450 26 PHILI-ORI€NT LIN€S PT€ LTD HEAO OFFICE (3 ROIINSGN ROAD *07 12 AFRO ASIA BUILDIN3. SINGAPORE 0106 TELEX RS ***** PHIII FAX *****76 11^1^'ir-K- 1 ETA SINGAPORE DESTINATION DUBAI DAMMAN KUWAIT BOMBAY DOHA MUSCAT. BAHRAIN. ABU DHABI t SHARJAH COLOMBO KARACHI BOMBAY CHITTAGONC EAST AFRICA/MEDITERRANEAN Fa ft LCI SStVICE I SMO
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      955 27 FAR EAST/EUROPE HILLY CONTAINERISED SERVICE A mtmbcf of ttw ACE Consortium TO EUROPE/UK (VIA SUEZ): H.., F n. K CHANCE MI. S»M In m m 11/9 13n A CONCORD 1W (29*) 31/8 17/5 11/9 19/9 0 CHIEF M. «/9) 6/9 24/9 25/9 26/9 T W BRIDGE Ml. 9/9) 11/9 29/9
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      Page 27 Advertisements Column 2
      534 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, KEELUNG. BUSAN. INCHON WEF JUNE 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE II SERVICE!! Vmml'i Name ETO IS S PORE PKELANC KEE BUSAN NO JI No 1 D<*um»7N 11« In Port 25-271* 03-***** Ot-OM» IMB #v«g»*)iN
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      820 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- KELANG MESSRS HAI THONG SHIPPING 127 Penang Street. Penang. Malaysia M/S HANDLING SYSTEM CO SON
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      159 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 225 6868 (30 Lmes) FAX *****39/ *****76 TELIX RS ***** A B SSCMA RS ***** A/B SSCAD INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE "VIA lARHACA: ACCEPTING CARGO FOR LIMASSOi. BEIRUT, LATTAKIA, ALEXANDRIA, PORT SAID. PIRAEUS. TOSSAIOWKI. IZMIR.
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      90 28 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN 'Weekly LCL services lo Kaohsiung Keelung. Tokyo. Kobe Also calling Shimizu FCL ony FROM JAPAN VESSEL HERMES ACE VU MIUKI VU SOVEREIGN ACCORD VU M CONTINENT VU HERMES ACE VU SHOfUKU AGENCIES (3) PTE LTD TEL: 22SMM W
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      602 29 REGULAR EXPRESS FCL& LCL SERVICE DESTINATION ETA SINGAPORE ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND wt Tut Eiptma 207 |2M IV* I 11/» 2W ■niiMi 210 I 7110 I 14/10 I 11/10 ISaLHEIa tt DATS TO MELBOURNE! TO USA/CANADA USA Houston. Savannah. Tampa. Jacksonville. Wilmington (Del) Norfolk. Baltimore. New York. Boston
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      310 29 L\pqplCSP SHIPPING AGENCIES Pit LTD. 1T«I: *****66 (16 Line*) Fat: *****61 LCL FIXED CONSOLIDATION TO:s s S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to
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      492 29 < CPS > CRYSTAL FREIGHT SERVICES BEST RATES EVER LOS ANGELES WEEKLY CONSOL SERVICES FAR EAST BUSAN 1/9/88 BANGKOK 2/9/88 HONG KONG 28/8/88 KEE/KAOH 28/8/88 COLOMBO 1/9/88 V AUSTRALIA MELBOURNE/SYDNEY 10/9/88 CALL BOOKING HOTLINE FOR BEST RATES 2 2 3 3 12 2 TEL: *****88 TELEX ***** CFSJN FAX *****88
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      210 29 0 Tatsumi Marine DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports subfect to inducement (also accepting transhipment cargo: OROBA Y. MADANG. KIETA. WEWAK KIMBE, RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Ttl: *****77, *****34, *****71 W OmCL TO NMHNE UVKU PTL LTD. (S'POtE) TEL
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      229 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 cn a n ij=slJ—mU ojjjj j —iJl n 11/ —n-^=sp*±jj Algerian National Line <I> FAR EAST I MEDITERRANEAN SERVICE MV BECHAR MV BEL ABBES SPORE LOADING FOR 15/9 ALGIERS. ORAN. ANMABA ALGIERS. ORAN. ANNABA ALL VESSELS ACCEPTING
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      510 30 m FINE-LINER SHIPPING PTE LTD si ™S ™4 cM ,naHou!i s TLX RS ??64l FLINER FAX ??5?856 EUROPE SERVICE |2V« I iw I 1/11 \°P vu no FAR EAST SERVICE 5 13 12! IS? 152 MIDDLE EAST GULF SERVICE WEEKLY HKG/CHINA SERVICES Hamburg West Germany Tiger Line BEN LINE AGENCIES
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      593 30 Zl Kxaptiof FCL/LCL urpn to Carnbbean East Canada, HAITI Co*U Riea. El Salvador. Guatemala Honduras Venezuela. Poru. Ecuador. Colombia via Miami. Trinidad Barbados Anticua St Lucia. Montsarrat. Cuayana via Kinfiton i-^i.v.'iTTmngMzswsgi-iMjju IM KEELUNC IK NEW TOOK M NEW TOOK IM IBERIA IM MONTREAL AUSTRALIA CONTAINER SERVICE ACCtriNC CARGO TO ADELAIDE
      593 words
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      439 30 Everett Lines tlMBSgiiS LOADING FOR CALLAO, MATARANI. ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penjnf* p Kelanf* Singapore HUGMEVERETT 29/30 Au| MANOLOEVERETT 22/23 Sep JOHNEVERETT 22/23 Sep WEV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA. KOBE,
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      421 31 Seabtidgfe mtrnkinrrii i imcc INTERCONTMENTAL LINES 11 s. JEURO EASTERN BLOCK SERVICES ■EZEZIII I. YERMOSHKIN S. GOLUBKINA D€SI NATIONS HUNGARY. POLAND, ROMANIA. ISTANBUL BULGARIA. AUSTRIA. YUGO. CZECH. E BERLIN t ALL INLAND PORTS SEA BRIDGE EUROPE SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM. RTM. L.
      421 words
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      281 31 Consolidation Service NEW CALEDONIA TAHITI SIN 31/8 NOUMEA 22/9 PAPEETE 27/9 MAURITIUS REUNION ISLAND SIN 29/8, 30/8 PORT LOUIS 10/9 REUNION 13/9 FRANCE SIN 30/8 MARSEILLE 16/9 LE HAVRE 23/9 TRANSTAINERS delmas-vieljeux WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TTA Freight Pte Ltd Tel:
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      486 31 m KTCfiIT m 11 i* 111 r TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE KUHI KtLANG 29/8 HONG KONG. CHINA PORTS 28/8. 3/9 KEELUNG. KAOHSIUNG 28/8 4/9 MANILA 28/8. 5/9 BUS AN 25/8. 1/9 KOBE. TOKYO 29/8 6/9 SYDNEY. MELBOURNE. ADELAIDE. BRISBANE 9/9, 23/9 ALSO ACCEPTING CARGO
      486 words
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      Page 31 Advertisements Column 4
      504 31 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* sp G/SELATAN IXV-74 SM G/SELATAN VIII V t3 SW G/SELATAN VI V-O SW G/SELATAN IX V-rt 2W PKL PN BLN KAOH 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN
      504 words
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      Page 31 Advertisements Column 5
      411 31 r PTC CONTAINER LINES FCL/ICI SERVICE PIC GROUP 30/8 RDM/HAM/ANT/LE HAVRE/GENOA 30/8 LDN/FLX/LVP/SOU SIN IU/CAMiA 28/8 L.A./NYC/SFO 28/8 VANCOUVER/TORONTO/MONTREAL 29/8 SYD/MELB/ADEL/FREM 28/8 AUCKLAND/WELLINGTON 30/8 P. MORESBY/RABUAL/LAE SIN SOUTH ASIA 28/8 BOMBAY/MADRAS/CALCUTTA 28/8 COLOMBO 28/8 KARACHI B C/CJ CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL %m AFGHANISTAN 8/9 HAIRATAN/KABUL/TOURGHUNDI General
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      Page 32 Advertisements Column 1
      361 32 If/ Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX RS ***** RS ***** 4 ft. 1 \SI IR\ C \K I l\l K I II) STR/UTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS Tokyo 18/9 'Subject to cargo inducement NOTE ALSO CALLING OTHER JAPANESE PORTS, HONGKONG,
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      Page 32 Advertisements Column 2
      239 32 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/MEXICO AND FRENCH WEST INDIES n«wi an lyj STUTTGART EXP JUTLAND.A V 302 v« an OUSSELOORF EXP korricam vm im ait wuernberc exp vSJcJijiEieo city Alto serving Halifax, Toronto. Now York. Baltimore. Portsmouth, Norfolk. Savannah/ FRENCH W Indict Fort Do
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      Page 32 Advertisements Column 3
      125 32 TOKO LINE 1 Loading For Port Klang/Penang A|*nt> Spar* PAN CONTINENT CORPORATION T«l: *****55 ***** M *****57 P fating Ocmhk Shipping Aftnctn S4n. BM., Tai: HWW, 3CMMS Ptow* TNug Lm Trading C*„ TM: 67(71. (2M41 SIM SWE£ JOO SHIPPING SDN. BHD. i EXPRESS TO BINTULU SWEE LONG SATU P Kelang
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      Page 32 Advertisements Column 4
      733 32 Midi ill CALL US AT: P. KELANG 2- PENANG [V > J. BAHRU P. GUDANG SINGAPORE K. LUMPUR km *****53/*****11 04-*****2/4. *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE OTHER DESTINATIONS: AARHUS. AMSTERDAM. ANTWERP BASLE. BREMEN BREMCRHAVEN. COPENHAGEN HELSINKI. MALMO OSLO. STOCKHOLM. UK REGULAR FAR
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      157 32 Regional Weather m I 2» I V Wl i 35 A 1 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AJLAugust 24, 19S8 _y^ o Wmd (kfCtN>n with ipeed n knott On« holt ftech* rtprmnn 5 knots R Thunderstorm T feature A A Weo»h«* Wmd dvechon with ipced m knots •Rom
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