The Business Times, 30 August 1988

Microfilm: NL16233
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, AUGUST 30, 1988 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    207 1 Dow Jones higher SHARE PRICES firmed in quiet trading on the New York Stock Exchange early yesterday The Dow Jones Industrial Average was up 15.29 points, at 2.032.17, at 1500 GMT. About 29 million shares had changed hands on the Big Board. Analysts said the market was
    207 words
  • Article, Illustration
    New Zealand currency falls to year's low of US$0.5990
    379 1 THE NEW ZEALAND dollar plunged against other currencies yesterday in the wake of comments by Prime Minister David Lange that the downward trend in interest rates would probably continue. The currency closed at its year's low against the American dollar at
    379 words
  • Article, Illustration
    Regional markets take another dive
    427 1  -  Nervous investors in selling frenzy By RAMESH CHANDIRAMANI INVESTORS were on tenterhooks yesterday as regional stock markets incurred yet another round of sharp losses. A lack of positive factors and a minor turbulence in the foreign exchange market were factors cited by dealers for the
    427 words
  • Article
    Lock icon Missile downed Zia's plane, says US paper
    172 1 AFP A SURFACE-TO-AIR missile brought down the plane carrying Pakistan's president General Mohammad Zia ul-Haq and US Ambassador Arnold Raphel, killing them and 27 others, the Washington Times reported yesterday. The paper quoted a high ranking US Defense Department official as saying that
    AFP  -  172 words
  • Article
    Lock icon Japanese corporate earnings hit record high in fiscal 1987
    372 1 AP LARGE Japanese firms have reported record high corporate earnings of 2105 trillion yen (U*****.8 billion) for the fiscal year which ended in March, the National Tax Administration Agency said in Tokyo yesterday. The earnings of the 4,605 firms with a
    AP  -  372 words
  • Article
    Lock icon Most Filipinos want US bases to stay, says survey
    203 1 AFP AN OVERWHELMING majority of Filipinos want the two US military bases in the country to stay, but half want revisions in the agreement, according to a gov-ernment-commissioned national survey released yesterday. Thirty-nine per cent of 2,000 respondents to the Asia
    AFP  -  203 words
  • Article
    Lock icon First Burmese opposition party in 26 years formed
    163 1 UPI FORMER BURMESE prime minister U Nu yesterday formed Burma s first opposition party in 26 years in defiance of the one-par-ty constitution, declaring that his purpose was to end the nation's turmoil and achieve multi-party democracy. The new party, named the
    UPI  -  163 words
  • Article
    Lock icon Taiwan to expand refinancing to US traders of farm, consumer goods
    145 1 AFP TAIWAN IS to expand its refinancing to US exporters to include sales of consumer goods and farm and industrial materials, Export-Import Bank vice-presi-dent S M Yu said in Taipei yesterday. Loans under the programme, launched by the Taiwan-US
    AFP  -  145 words
  • Article
    Simex to cut Nikkei minimum commissions
    325 1  -  By SOH TIANG KENG, TO SHARPEN its competitive edge against Japanese futures markets, the Singapore International Monetary Exchange will slash minimum commission rates for trading in the Nikkei Stock Index futures from Thursday. A Simex spokesman told BT last night the move would make
    325 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      45 1 Nikon The World s Finest Photographic System. London markets were closed yesterday. The most comfortable thair at a most comfortable price. M 612 M 613 Appointed Distributor HENRY DESIGNCENTRE PTE LTD HENRY BUILDING 5 Eunos Ave BA, Singapore 1440 Tel: 748-6666 A Choirmaster International Collections
      45 words
    • Advertisement
      Page 1 Advertisements Column 2
      259 1 Full report, PAGE 18 Regional Mkts, PAGE 20 ELECTIONS '88 On Page 2 Govt could have changed Constitutioi if it had wanted to: PAP TV debate on elected president On Page 10 Voting patterns over the years Significant rise in spoilt votes Editorial Comment: 10 Make the party bigger, better
      259 words
    • Advertisement
      Page 1 Advertisements Column 3
      51 1 Nikon The World's Finest Photographic System. I Major Burmese town taken over by demonstrators, PAGE 4 Cartier A\\ f/ r /55 n <* I SB yanto/ d<? a//fcf BOUTIQUES l<?/ mu/t' d<? (uf<e *01 36 Lucky Plaza 304 Orchard Road Tel *****27 #01 04. Hilton Shopping Gallery 581 Orchard Road
      51 words
Page thumbnail Page 2
  • GENERAL ELECTION '88
    • Article, Illustration
      'Govt could have changed Constitution if it had wanted to'
      354 2 PEOPLE'S ACTION PARTY THE RULING People's Action Party could have changed the Constitution to have an elected president if It had wanted to do so. It had the time and the mandate to do so, said First Deputy Prime Minister
      354 words
    • Article, Illustration
      First Teleview trial in Eunos if PAP wins
      292 2 EUNOS will be the first Group Representation Constituency to experience Telecoms's multimil-lion-dollar public information system, Teleview, on a field trial basis. That is, if the People's Action Party team running for Eunos GRC is returned in the coming elections. Minister of State
      292 words
    • Article
      Big numbers involved in coming elections
      123 2 EVERY NUMBER counts to candidates contesting the elections on Sep 3. And votes aside, there are numbers aplenty behind this year's general election. Nearly 9,000 people, mainly civil servants, have been roped in for the polls. About 8,000 will staff 300 polling stations across
      123 words
    • Article
      TV debate on elected president at 9.40 tonight
      216 2 PEOPLE'S Action Party assistant secretary-general Goh Chok Tong and Youth Wing chairman Lee Hsien Loong will represent the PAP in tonight's TV debate on the elected presidency. Mr J B Jeyaretnam and Mr Chiam See Tong, the respective leaders of the Workers'
      216 words
    • Article
      'Don't just look at qualifications'
      114 2 NSP SINGAPORE needs Members of Parliament who are sincere, have guts and are prepared to work hard for the people, said a National Solidarity Party candidate last night. These were the very qualities the ruling party MPs lacked, said Mr Kum Teng Hock, the candidate
      114 words
    • Article
      Call for elected presidency referendum
      271 2 WORKERS' PARTY THE WORKERS' Party has called once again for a constitutional referendum to settle the proposal for an elected presidency. Speaking at a party rally in Tampines last night, WP candidate Dr Lee Siew Choh said no single issue alone could be decided in
      271 words
    • Article
      PAP criticised for taking 'undue' credit
      256 2 SINGAPORE DEMOCRA TIC PARTY THE PAP government was taken to task by a Singapore Democratic Party candidate last night for taking credit in turning the economy around when it would have taken place even without government measures. Mr Jimmy Tan, the party's candidate for
      256 words
  • HOME NEWS
    • Article
      'Hopes for nuclear-free zone hinge on China and Japan'
      392 2 THE ASEAN CONFERENCE ASEANS HOPES for a Southeast Asia Nuclear Weapons Free Zone may be dashed if China and Japan continue to build up their armed forces, member states were cautioned yesterday. The note of caution, from West German Member of
      392 words
    • Article
      Donor countries urged to minimise number of conditions tied to aid
      303 2 LOANS AND GRANTS given by developed to developing countries should come with the minimum of strings attached, said a member of the Philippine Congress yesterday at the conference at the Marina Mandarin Hotel Developed countries tended to set conditions
      303 words
    • Article
      Computer house clinches contracts
      131 2 j STRAITS STEAMSHIP computing subsidiary Computer Processing Services recently clinched three contracts to provide computerised library services to J three tertiary institutions in Singapore and Hongkong The contracts, worth $2 million, are j for the installation of the Atlas Library I System in the Institute of
      131 words
    • Article, Illustration
      Shared interests make Asean tick
      212 2 ASEAN was never intended and is unlikely to integrate individual states into a supranational regional polity, according to Mr Yeo Cheow Tong, the Acting Minister for Health and Minister of State for Foreign Affairs. Speaking at an Asean conference organised by the West German foundation
      212 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      368 2 H a VlfMk f /i a CELEBRATION MENUS Grandeur of Teochew Cuisines Menu Ss4BB For 10 persons with FREE Quart Bottle of Remy Martin XO. Teochew Superior Shark s Fin Roast Suckling Pig (Local Pigl Lobster Salad Steamed Chinese Pomfret *5:1! fe Braised Sea Cucumber with Minced Chicken Mushroom Soup
      368 words
    • Advertisement
      Page 2 Advertisements Column 2
      48 2 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex, fax, copier, word processing, secretarial services, conference room, answering service, long snort term lease... you name it! Your inspection enpuiries welcome WORLD-WIDE BUSINESS CENTRES (S) PTE LTD 111-04 06 Peninsula Plaza, Tel: 336 1769
      48 words
Page thumbnail Page 3
  • HOME NEWS
    • Article, Illustration
      Archive pumps in another $15m to upgrade facility
      577 3  -  By BOEY KIT YIN LEADING TAPE drive maker Archive Corporation will invest $15 million to expand capacity at its Singapore operations, a move which will strengthen the Republic's position as the largest exporter of tape drives. Shipments from Singapore of tape drives
      577 words
    • Article
      PM Lee reiterates importance of clinging on to Asian values
      463 3 THE PRIME MINISTER has driven home for the third time in nine days the need for Singaporeans to uphold their Asian core values in a recent speech to university students, which was embargoed for release yesterday. Mr Lee Kuan Yew
      463 words
    • Article
      Govt urged to help in Little India conservation
      405 3  -  By TONG SUIT CHEE THE GOVERNMENT has been urgeg to provide financial assistance, in conjunction with graduated rent decontrol, in an effort to promote conservation and rehabilitation of buildings in Little Indian These were the key incentives proposed at a Little India
      405 words
    • Article
      Firm stand on offensive films
      104 3 THE MINISTRY of Communications and Information has issued a statement reiterating its stand that films denigrating any religion will be banned. The ministry was responding to requests to ban the film The Last Temptation of Christ. According to reports in the press, the film is
      104 words
    • Article
      Committee submits proposals for aiding disabled
      172 3 LAWS for a barrier-free environment have been recorpmended by a committee looking into the problems of the disabled. It has also suggested that three public transport companies contribute to an initial fund of $500,000 to help meet the transportation needs of the disabled. The
      172 words
    • Article
      No social visit passes for errant journalists
      149 3 THE GOVERNMENT has decided not to allow any correspondent from the Far Eastern Economic Review (FEER) and its sister publication. The Asian Wall Street Journal (AWSJ), to visit Singapore on social visit passes. A Home Affairs Ministry statement yesterday said there had been
      149 words
    • Article
      Prize for ministry
      67 3 THE MINISTRY of Health has won a World Health Organisation (WHO) award for its project, "Promotion of Healthy Lifestyle in Singapore". The annual WHO Award for Health Education in Primary Health Care rewards outstanding contributions made by any person or institution towards strengthening health education in primary
      67 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      53 3 Singapore to Seoul. 2 non-stops a week. J* Korean Air now flics non-stop to Seoul twice a week from Singapore. Our flights are conveniently scheduled early in the morning arriving in Seoul the same afternoon. For more information, call vour travel agent or Korean Air on *****11. KSREANAIR THE ART
      53 words
    • Advertisement
      Page 3 Advertisements Column 2
      298 3 Some very auspicious numbers that'll save you money at the new Brother Showroom. August is a very special month for us. Brother printers, word processors, and August is a very special month for us. It marks the opening of our new Showroom in GSM Building, at Middle Road. And we
      298 words
Page thumbnail Page 4
  • ASIA-PACIFIC
    • Article
      Lock icon Korea's trade surplus with US shrinks
      335 4 AP SOUTH KOREA'S trade surplus with the United States in the first seven months of this year shrank to U554.66 billion, down 15.7 per cent from U555.53 billion in 1987, the Korea Foreign Trade Association reported yesterday. Korean merchandise exports to the US between
      AP  -  335 words
    • Article
      Lock icon Takeshita pledges closer ties with China
      256 4 AP JAPAN'S Prime Minister Noboru Takeshita has said that Japan, China s biggest source of economic aid. will promote greater cultural ties with its Asian neighbours because "exchange without a meeting of hearts is vacuous." Mr Takeshita was speaking on Monday in an address
      AP  -  256 words
    • Article, Illustration
      Lock icon Major Burmese town taken over by demonstrators
      295 4 AFP UPI RANGOON RADIO has reported for the first time that Burma's ruling party had lost control of a major town and said hundreds of thousands of people were demonstrating peacefully for "abolishment of the Burma Socialist Program ty"The radio said on Sunday
      AFP; UPI  -  295 words
    • Article
      Lock icon Japan joining drive to develop neural computers
      419 4 Reuter THE JAPANESE government is set to throw its weight behind a drive to remake computers in the image of man's brain. The Ministry of International Trade and Industry (Miti) wants to conduct a 22 million yen feasibility study into neural computers from
      Reuter  -  419 words
    • Article
      Lock icon Gulf talks: sharp division over '75 border accord
      198 4 AFP THE UN Secretary-General oo Sunday said "unexpected difficulties' had arisen in Iran-Iraq peace talks, which resumed yesterday in Geneva with the parties sharply divided on a 1975 border accord and accusing each other of obstructing a Gulf war settlement United Nations
      AFP  -  198 words
    • Article
      Lock icon Soul searching in Seoul over traffic In illegitimate babies
      550 4 UPI THEY ARE South Korea s most precious exports orphans in swaddling clothes sent abroad to start a new life free from the stigma of illegitimacy that brands them at home. Tucked in blankets and strapped to airline seats, some 6.000
      UPI  -  550 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      492 4 ENTERTAIN AT SENTOSA GARDEN &r AT SENTOSA IB 59 SINGAPORE'S DISCOVERY ISLAND NEWFUN KELONG RESTAURANT NEWFUN BEER GARDEN AND MUCH FUN AWAITING YOU AT THE <<9 MONORAIL STATION 2. IT'S JUST A FEW MINUTES WALK FROM THE NEW FERRY TERMINAL. "'^2^ ALL THE WAY TO SENTOSA FOR SEAFOOD AND BEER
      492 words
Page thumbnail Page 5
  • Article
    DAILY AIRCRAFT MOVEMENTS
    752 5 ARRIVALS Operator Service Local From number time RBA BI30 1330 DXB DLH LH780 1345 FRA/BOM GIA GA956/ 1355 DPS SQ956 SIA SQ109 1405 KUL SIA SQ455 1410 BMW KIM KL831 1415 AMS/DEL THA TG405 1415 BKK/HKT GIA GA962 1435 CGK SIA SQ61 1435 BKK *JC AI432 1440
    752 words
  • REST OF THE WORLD
    • Article
      Lock icon US trade pact could sound death knell for Mulroney
      424 5 UPI THE US-CANADA free trade treaty, on which Canadian Prime Minister Brian Mulroney originally pinned his hopes for reelection, could become the final nail in the coffin of his' Conservative government. The Conservative-con-trolled House of Commons is scheduled to approve legislation
      UPI  -  424 words
    • Article
      Lock icon Govt considering Walesa for talks
      134 5 AP THE POLISH Communist Party leadership is considering Solidarity leader Lech Walesa as a possible participant in talks on the grievances that set off the worst labour unrest in seven years. Party leader General Wojciech Jaruzelski, at the conclusion of a two-day meeting of the
      AP  -  134 words
    • Article
      Lock icon Soviets begin scrapping of SS-20s
      99 5 Reuter THE Soviet Union has begun the wholesale scrapping of its SS-20 missiles, blowing three of them to bits under the terms of the superpower Intermediaterange Nuclear Forces treaty. The Soviet army used 625 kg of dynamite on Sunday to blow up the SS-20s with
      Reuter  -  99 words
    • Article
      Lock icon Secrets from US base said to have been sold to Soviet agents
      289 5 AP SOVIET BLOC agents may have had access "for decades" to Nato defence secrets stored in a US army base at the centre of a growing spy scandal, a West German newspaper said on Sunday. West Germany last
      AP  -  289 words
    • Article
      Lock icon 'Computers dehumanising workplace'
      305 5 Reuter COMPUTERS are turning white-collar offices into old-fashioned sweatshops Jwith a sinister modern "twist: managers can now easily adapt technology to spy on their workers. So krgues writerplaywright Barbara Garson in a new book that says computers are dehumanisTng the workplace and transforming stockbrokers, military officers, social
      Reuter  -  305 words
    • Article
      Lock icon Bentsen expresses doubts about Quayle's abilities
      442 5 Reuter DEMOCRATIC US vice-presiden-tial nominee Lloyd Bentsen has expressed doubts about the abilities of Dan Ouayle, his Republican counterpart, but said Mr Quayle could probably take over as president in an emergency. Mr Bentsen's weak compliment on Sunday for the 41-year-old junior senator from
      Reuter  -  442 words
    • Article, Illustration
      Lock icon Bonn bans aerobatic displays following disaster
      237 5 AFP AEROBATIC displays have been permanently banned in West Germany following the disaster at the Ramstein air show on Sunday. Defence Minister Rupert Scholz took the decision yesterday after visiting the scene of Sunday's disaster at the US Air Force Base at Ramstein, where
      AFP  -  237 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      155 5 '•I jM J w If I V The business person's choice, every I I II I 111 Tuesd °V- Thursdoy, Saturday and I 1 fl \l II I Sunday. Leaving Changi Airport at JL 1 JL 22:05 hours and arriving at Lester B. Pearson International Airport the followinq day. Call
      155 words
    • Advertisement
      Page 5 Advertisements Column 2
      129 5 .4 11 nta* BLAUPUNKT BOSCH Group .It's a smal^ppint. But it makes a world of difference. We leave it to you.whether you are partial to its sound or to its traffic messages in any case, the Toronto SQR 48 makes a distinct contribution towards relaxation. Reception is strong even when
      129 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      98 5 //S'\ w// Max/ Not* Mln (°C) 20/06 Cloudy 23/18 Clear 33/22 Cloudy 37/31 Clear 33/25 Clear UfIQV 30/18 Clear 30/25 Sunny 27/13 Clear 23/16 Clear una* 20/10 Rain 19/08 Fine 25/17 Clear 25/U Clear 19/03 Clear 33/22 Clear 24/09 Cloudy 16/01 Cloudy 28/17 Cloudy 20/15 Clear 21/16 Clear 34/21 Fin*
      98 words
    • Miscellaneous
      Page 5 Miscellaneous Column 2
      62 5 Doonesbury MASSACHUSETTS? UH,SURE...THAT'S /N...UH...NEUJ EN6LANP, RJ6HT? NEAR. NEW YORK* 600 P... I m -fc w m 10HEREISIT IN RELATION TORHOPE\ ISLAND? V? 1 ft BY GARRY TRUDEAU WY.C'MON, MAN. I'M NOT UP ON EVBFy RJNKT-PtNK ISLANP MR. SPENCER, RHOPt ISLANP IS ONE OF THB 50 STATES! T, UJHOA.WG MAN WITH
      62 words
Page thumbnail Page 6
  • MONEY AND EXCHANGES
    • Article
      Lock icon Nigeria's foreign exchange auctions to be revamped
      230 6 Reuter NIGERIA'S system of foreign exchange auctions will soon be revamped to curb abuses and may be scrapped altogether, according to military President General Ibrahim Babangida on Saturday. In a wide-ranging televised address he also appealed for more support from creditors to help
      Reuter  -  230 words
    • Article
      Lock icon Forex markets
      1000 6 Reuter SINGAPORE: The US dollar closed firmer against most major currencies yesterday. Against the Singapore dollar, the US dollar closed firmer at 2 0365/75 in erratic trading. It traded within a range of 2.0338 and 2.0573 after opening at 2.0335/45. OCBC. The firmer US dollar was attributed to
      Reuter  -  1,000 words
    • Article
      Asian dollar market
      353 6 ASIAN DOLLAR deposit rates closed unchanged from opening levels after a day of subdued activity yesterday. partly due to the closure of the Hongkong and London markets. Short-dates were mostly unchanged at the outset, reflecting a steady US federal funds rate They remained little changed in subsequent
      353 words
    • Article
      Lock icon Simex
      494 6 BA Futures Inc. DECEMBER Eurodollar futures opened unchanged in Simex yesterday from last Friday's Chicago close at 9070 Prices were underpinned by a slightly-lower-than-expected 0.6 per cent US July personal income figure. Trading, however, was very quiet and confined to a narrow range of 9070 to 9071. The December
      BA Futures Inc.  -  494 words
    • Article
      IMM
      255 6 IMM CURRENCY futures ended a slow session of trading at mixed levels on Friday. Sterling futures recovered from their worst levels after the Bank of England intervened on behalf of the UK currency near midsession, but it nevertheless still suffered large losses Sterling pound contracts had fallen steeply at
      255 words
    • Article
      Options
      1517 6 CURRENCY FUTURES OPTIONS Monday, Aug 29, 1988 DEUTSCHEMARK (SIMEX) Sap M ca High Low 30 Ha Salt High Sap 88 put Low la San 2 52 53 54 53 56 57 sa 59 63 928 38A 16A 88 34 12 CA8 CA8 23 1406 2328 9308 23 66A 7
      1,517 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      390 6 I'Mii-Hfli 11HH,'.'. 'I'Ni l -)s>!l| 11 A iinWlil 2i &him ~sian£su 'Tirade r<fair It will be held from Sept. 2 to 10, 1988 in Mandarin Hotel Singapore. Adopting the i practice of integrating import with f export, trade with absording foreign investment and trade with tourism, the TRADE FAIR will
      390 words
    • Advertisement
      Page 6 Advertisements Column 2
      10 6 Keep your investment decisions on target "JHAKTPOIHIf EVERY SATURDAY X
      10 words
Page thumbnail Page 7
  • BANKING AND FINANCE
    • Article
      Lock icon First Boston explores setting up private company
      403 7 NYT FIRST BOSTON Inc is discussing a possible merger with Financiere Credit Suisse-First Boston that would form a private company of the big American securities firm and its European investment bank. First Boston has announced. The talks are being held by the two
      NYT  -  403 words
    • Article
      Money markets
      68 7 THE OVERNIGHT rate on the Singapore money market fell point yesterday to close at 4% per cent. The one-mont term rate rose 1/16 point while twoand three-month rates rose a uniform 1/16 point. S$ Interbank rates at the close yesterday: o«w no night 4 7/8 4 3/4 1
      68 words
    • Article
      Government securities market
      113 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****W 24.11.88 4.46 4.41 4.45 4.30 6 months BY*****T 24.11.88 4.46 4.41 1 year BY*****S 20.07.89 4.77 4.72 4.74 4.72 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      113 words
    • Article, Illustration
      World interest rates
      195 7 IndMates the average of the prime lending rates of 12 major banks In S'pore Interbank market rates (offer/bid) on Aug 29 us$ DM SWFC Y«fl 7 do; f% 8 5/16 3/16 12 1/4 12 5 4 7/8 3 1/4 3 5 4 7/8 1 mm i 8
      195 words
    • Article
      Lock icon Defacing of M$ notes might be made criminal
      287 7 Bernama BANK NEGARA may propose amendments to certain sections of the Central Bank Malaysia Ordinance. 1958. to consider the defacing of currency notes in Malaysia as a criminal offence if it becomes problematic. Bank Negara adviser Ramly Ahmad said in Kuala Lumpur
      Bernama  -  287 words
    • Article
      Tenders open for ATMs at airport
      348 7  -  Dispensing service for cash and travellers' cheques By DEXTER LEE CREDIT CARD companies and banks have been invited to bid for the right to install the first automated teller machines at Changi Airport that will dispense Singapore dollars and travellers' cheques to credit card
      348 words
    • Article
      Lock icon Daiwa Bank to issue 20m new shares
      150 7 Reuter DAIWA BANK Ltd will issue 20 million new shares at market price through a public placement on its domestic market. The Japanese city bank will also issue 30 billion yen in fouryear, 10 billion yen in six-year and 10 billion yen in
      Reuter  -  150 words
    • Article
      US treasury market quiet pending job data release
      493 7 THE US treasury market is likely to remain quiet until the August US employment data are released on Friday, which will set the tone of the market for the near-term, economists said. The jobs data are expected to show a gain of
      493 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      84 7 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way every Tuesday BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, tennis, bowling, etc. And, of
      84 words
    • Advertisement
      Page 7 Advertisements Column 2
      199 7 Y JL 01 JL ou've endured a tiresome flight, and a talkative taxi-driver. Now you've reached your hotel. It should be a haven of peace, welcoming you to its comforts. But where's the check-in? This last hurdle before the eagerly awaited hot bath and refreshing drink is nowhere in sight.
      199 words
Page thumbnail Page 8
  • COMMODITIES
    • Article
      Lock icon US threatening the world's rice bowl
      461 8 Analyst warns against overproduction AP THE ADVENT of the United States as a major rice exporter and its push to gain entry into Asian markets threatens domestic production and self-sufficien-cy in the world s rice bowl region, according to experts attending an international symposium
      AP  -  461 words
    • Article
      Lock icon India scraps export duty on coffee
      98 8 AFP INDIA has scrapped export duty on coffee to boost overseas shipments, a government announcement in New Delhi said. The decision last Friday, estimated to cost US$7 million in lost revenue to the government, came after New Delhi announced a 41 per cent cut
      AFP  -  98 words
    • Article
      Lock icon Copper prices recover in the face of tighter supplies
      824 8 NYT AFTER slipping for several weeks, copper prices have begun to rebound again because of a renewed tightening of supplies brought on in part by copper workers' strikes in Peru and Canada. But analysts expect prices to stabilise at a level
      NYT  -  824 words
    • Article
      Lock icon Asean oil officials to discuss deal
      122 8 AFP OIL EXECUTIVES from Asean began a meeting in Jakarta yesterday to discuss arrangements to secure oil supply and market for the six members of the regional grouping. The three-day meeting, including a two-day workshop. would draft an action plan for the Asean Petroleum
      AFP  -  122 words
    • Article
      Palm Oil
      315 8 MALAYSIAN crude palm oil futures moved erratically yesterday before closing lower on late profit-taking and renewed selling following India's rejection of palm oil offers today. Trading activity was reduced as operators moved to the sidelines due to market uncertainty and the lack of a clear lead from Friday's
      315 words
    • Article
      Produce prices
      199 8 Chinese Produce Exchange S*ll*rs' noon closing prices on Aug 29 (SJ/100 kg) Coconut oil Bulk FOB 11 8 00 Old drum FOB 1 28.00 N«w drum FOB 1 32.00 Coconut oil (M$/100kg) New drums 166.00 2nd hond drums 160.00 Bulk 151.00 local In bulk 148.00 Copra (M$/ioofcg) No
      199 words
    • Article
      Lock icon Qatar studies petrochem proposals
      194 8 AFP QATAR is studying proposals by several European and Japanese companies wishing to participate in petrochemical projects that would use surplus gas from the country s North Field Project, believed to be the biggest of its kind in the world. The managing director of Qatar General
      AFP  -  194 words
    • Article
      Lock icon US consumers urge end to wheat subsidies
      537 8 AP THREE CONSUMER GROUPS have asked the US Agriculture Department to stop subsidising wheat sales to foreign countries to avoid depleting droughtdamaged domestic supplies. In a letter to Agriculture Secretary Richard E Lyng, the three US groups said that continuing wheat export subsidies
      AP  -  537 words
    • Article
      Precious Metals
      276 8 HONGKONG: The market was closed yesterday. TOKYO: Yen-denominated gold futures closed narrowly mixed but on their highs yesterday Spot August gold expired three yen per gram up at 1,859 with 4.852 deliveries. September to December gained two to nine yen, while other months ended four to six yen
      276 words
    • Article
      Oil and Products
      90 8 A SLOW beginning of the week with the London market closed. The undertone was weak in thin trade. Closing prices for crude (FOB origin) USS/borral Chang* Tapis (Sep) 14.85 uncti Minos (Aug) 14.40 -0.05 Dubai (Sep) 13.02 +0.02 West Texas Intermediate, WTI (Sep)* 15.33 undi New York
      90 words
    • Article
      KL Tin
      199 8 THE Kuala Lumpur Tin market extended its upward trend yesterday, rising another nine cants on its twelfth consecutive trading day to end at M 519.79 a kg. The current general supply tightness attracted further brisk covering from European and Malaysian traders who needed to meet requirements. Demand was
      199 words
    • Article
      RAS and MRELB
      278 8 RAS prices m S cmMq, FOB In ImI* NOON CLOSE Bvyors S*ll*rs Buyors Sellers Int 1 RSS Prompt 247.75 248.75N 248.50 249.50N Int 1 RSS S*p 88 247.75 248.75N 248.50 249.50N Int 1 RSS Oct 251.75 252.75N 252.50 253.SON Int 2 RSS OP 245.75 247.75N 246.00 248.00N
      278 words
    • Article
      Rubber
      303 8 SINGAPORE: Quiet conditions continued to prevail on the rubber market yesterday with September RSS One bid at 248.50 cents a kg, up one cent from last Friday's close. The closure of the London rubber market for a local holiday limited activity here. Prices also closed slightly firmer on the
      303 words
    • Article
      SSR and SMR
      76 8 (ewin/kg) SEPTEMBER 1988 OCTOBER 1988 (currant month) (forward month) RAS NOON NOON fc/y»n S«M*ft tuy«n S«JI«ri SS* 30 330.00 333.00N 330.00 222.00N SH 50 218.00 220.00N 318.00 220.00N MRELB Ivirtn S*il»r> •uycri S*H*rs SMt CV 383.00 385.00N ***** 387.00N SM» I 378.50 380.50N 380.50 382.50N SMB 5
      76 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      170 8 Air Seychelles departs Every Wednesday non-stop to Seychelles with departures to Europe. Enquiries: 235 9900 V Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to clop an JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and
      170 words
    • Advertisement
      Page 8 Advertisements Column 2
      106 8 The last unspoilt corner is now for sale LAND, BUNGALOW PLUS FREE GOLF MEMBERSHIP FROM $250,000 Desaru Resort Bungalows. Luxurious holiday homes built in one of the fastest growing and prestigious beach resorts m Malaysia. Sited within the exclusive Desaru Golf Course one of the best golf courses m Johore
      106 words
Page thumbnail Page 9
  • TECHNOLOGY
    • Article
      Lock icon Bush, Dukakis urged to appoint science adviser
      402 9 NYT LEADERS of 23 American science and engineering societies are urging the two presidential candidates, Vice-President Bush and Governor Michael Dukakis, to recognise the importance of science by appointing a White House science adviser early in a new administration. The adviser should have
      NYT  -  402 words
    • Article
      Comtec proves there's a place for PC shows
      660 9  -  (p(j> ©DQQSEh by Jeffrey Tsang COMTEC is perhaps the only exhibition that caters exclusively to the PC user. Gone are the days of PercompAsia, Micro Asia and other PC shows. There just wasn't enough room in the market, especially with the gigantic
      660 words
    • Article
      Lock icon Where to get those accounting systems
      160 9 JT RESPONSE to last week's PC Corner featuring accounting systems for the small business was tremendous: readers wanted to know where these packages could be bought. I got mine via mail-order from the US. The Dac-Easy Version 3.0 costs U5599.95 while Dac-Easy Light costs
      JT  -  160 words
    • Article
      Teaching computers to decide by estimation
      308 9 WHEN A DRIVER sees an obstacle on the road, his brain tells him to put on the brakes without having to calculate his exact speed or the distance to the obstacle. A computer can reach the same decision only after being given the precise
      308 words
    • TECH -TAKES
      • Article
        Cheaper solar energy
        172 9 THE COST of solar energy has fallen 10 times in the last 20 years, making it possible that one day, the sun will be the major source of energy. Twenty years ago, the price of a one-watt solar panel for converting sunlight into electricity was about $150,
        172 words
      • Article, Illustration
        Contracting Aids through surgery
        160 9 A NEW computer analysis estimates that as many as one in every 5.000 people who undergo major surgery in the US may become infected with Aids from tainted blood that slips through the screening process. "It's alarming." said Dr Allan Salzberg, chief of medical service at
        160 words
      • Article
        Speedy network system on the way
        202 9 INTERNATIONAL Business Machines and Carnegie Mellon University recently announced plans to create an experimental computer network that will permit high-speed transmission of computer files. Its designers believe the system has the potential to alter the way office work is done because it will let
        202 words
      • Article
        Getting robots to wear aprons
        191 9 IT WILL NOT BE like the cafe In Batteries Not Included where little spaceship-robots went about helping out in the Kitchen. But robots are definitely going to find a place in fast-food restaurant Kitchens, say industry experts. The machines will flip hamburgers. bag French fries,
        191 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      308 9 WHEN YOU HAVE A HUGE PRINTING JOB, EPSON'S NEW DFX-5000 SPEAKS VOUUMES. >1 f li •M I f hi X 1 i i*. > v ,r S!.•; f Mwli Hntajin l! f.| f |l| f I|*f» C! f Pi f I I Epson's new DFX-5000 is unlike any other 9-pin
      308 words
Page thumbnail Page 10
  • PERSPECTIVE
    • Article
      Lock icon Make the party bigger, better
      520 10 BUSINESS TIMES TUESDAY, AUGUST 30, 1988 "ARE YOU having a great time?" yelled a deejay at Swing Singapore last Saturday night. "Yes," thundered back the throng of party-goers boogieing at Orchard Road. Yes, the Party of the Year was a success. It was well organised,
      BUSINESS TIMES TUESDAY, AUGUST 30, 1988  -  520 words
    • Article
      Voting patterns over the years
      1500 10  -  Starting today, BT brings you a series of background articles on the general election. In these articles, RICHARD SEAH and MARTIN SOONG dig into historical records to discern some trends and features of voting behaviour. MARTIN SOONG RICHARD SEAH VOTE SWING must surely be the
      1,500 words
    • Article
      Significant increase in number of spoilt votes
      842 10 DRAW AN "X". Voting is as simple as that. Yet some people just cannot get it right. Or they would not. So every election has its share of spoilt votes. Normally, little attention is paid to them. Votes are counted by the thousands,
      842 words
    • REGIONAL VIEWPOINTS
      • Article
        More Asian immigrants not a threat
        216 11 Our weekly summary of what other publications have to say about issues of regional interest. AUSTRALIA "WHILE AUSTRALIA was founded on British values, the facts today are that politically and economically, the country cannot always look West. Its major trading partner is not Britain
        216 words
      • Article
        The administration must listen to the people
        201 11 BURMA "ALTHOUGH MAUNG MAUNG has become the first civilian president of Burma in 26 years, demonstrations are continuing in that country. It is hoped that under the new administration the Burmese situation will return to normal. In order to make this possible, the
        201 words
      • Article
        Socialist regime collapsing in face of people's power
        195 11 BURMA "COMMOTION in Burma is intensifying despite Wednesday's announcement that the ruling party will propose ending a quarter century of single-par-ty rule. President Maung Maung gave the belated sign of reform towards democratisation in a radio broadcast on the third straight day
        195 words
      • Article
        Further expansion in economic matters expected
        87 11 JAPAN- CHINA "THERE WILL BE no pending issues between the two countries for the time being. During his visit to China, Prime Minister Takeshita will notify China of Japan's economic cooperation policies, such as the third yen loan, amounting to 800 billion yen, to
        87 words
      • Article
        Leaders must exchange views frankly
        129 11 CHINA JAPAN "IT HAS BEEN 16 years since Japan and China normalised their diplomatic relations, and 10 years since the signing of a peace and friendship treaty between the two countries During this time, bilateral relations have been remarkably developed in various fields such as
        129 words
      • Article
        Need for mental switch
        156 11 INDONESIA "THE VIRTUE discipline so far has been easier to talk about than to employ because the first question is where it should start. Most Indonesians still do not realise the link between national discipline and the age of micro-electronics. They still have to be convinced
        156 words
      • Article
        Competence and integrity go hand in hand
        111 11 MALAYSIA "ALTHOUGH PROFESSIONAL competence is very important in today s world of high technology and knowledge explosion, it is not the only requirement for corporate executives and others in positions of authority and responsibility. Professionalism has to be accompanied by human integrity. Speaking
        111 words
      • Article
        Marcos's return is too big a risk
        272 11 PHILIPPINES "THE AQUINO government, wittingly or unwittingly, has legally left the door ajar for the possible return of former president Ferdinand Marcos. The Sandiganbayan, the anti-graft court, in a resolution last Thursday granted a government petition to take evidence from Mr Marcos's public
        272 words
      • Article
        Time for terrorism to take a holiday
        160 11 SOUTH KOREA "THE WORLD s largest sports festival begins next month in Seoul. South Koreans will climax their five-year countdown by staging a huge pageant to open the Olympic Games. The whole world will be watching. "Politics has been a part of the
        160 words
    • Article, Illustration
      Big names to attend Pacific symposium
      635 11  -  PAUL KHOO looks at what Pacßim 89 has in store PAUL KHOO AUSTRALIAN financier Alan Bond, US economist Henry Kaufman and Chinese Communist Party General Secretary Zhao Zhiyang are among some of the people who will be meeting in Hongkong next February. At the
      635 words
    • Article
      Australia looking towards Pacific
      281 11 AUSTRALIA'S leadership role in organising a major symposium on the Pacific Rim points to a fundamental shift in Australian economic and political outlook, says Mr Gary Pearce. chairman of Pacßim 89. Mr Pearce was in Singapore recently to promote the conference. An investment banker, Mr Pearce
      281 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      80 10 Me* c \u i 0^ M rift* ?AN^° *V ir WE'LL DELIVER To Your Home Or Office AT NO EXTRA SINGAPORE BUSINESS gives you the newest trends affecting the economy, analytical features and snappy columns on the stockmarket, trade industry, banking, property, company profiles and personalities. Don't miss a single
      80 words
  • Page 10 Miscellaneous
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      306 11 Corporate Electronic Banking. Hexagon. Worldwide, 24-hour financial control. 1 z S v- *w v.-J usrv. V ,fS Wmm m IfiUS >? mmsmm <s •'sAJ'W'. -X, 3* rv S i -W M Hexagon Corporate Electronic Banking Fx m mmmmmm mm, BBM« V Managing your company finances to their best advantage can
      306 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      1212 12 MISAS The Businessman's Airline Tomorrow's way of flying today i K SINCE ITS FIRST major turnaround in the early 1980s, Scandinavian Airlines has not stopped reaching out to new heights in its continuing effort to make business travel even bigger business It figures that the one way to achieve this
      1,212 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      1321 13 m m W 'V: V Vi'. '/■y/. 'm/pfrvs j v >-iC KB a ,9m N WORK CLASS SLEEP CLASS where business takes priority where all is peace and tranquility iA All set for No. 5 EXACTLY a week ago, SAS mounted its first and probably the industry's fastest non-stop Europe-China
      1,321 words
Page thumbnail Page 14
  • LEISURE
    • Article, Illustration
      Lock icon Two new shows win Emmys
      618 14 UPI TWO ROOKIE SHOWS on ABC. The Wonder Years and Thirtysomething, walked away with the top prizes last Sunday at the 40th annual prime-time Emmy Awards for excellence in television. The gently nostalgic Wonder years was named outstanding comedy series, and the yuppie show Thirtysomething
      UPI  -  618 words
    • Article, Illustration
      Twelve eligible chefs at wok
      499 15  -  Twelve young men donned starched aprons and chef's caps recently to attend a French cooking class. SANGEETA MULCHAND reports on the results of these bachelors. SANGEETA MULCHAND MEN AT WOK? Why not? Women can be won over by good cooking too. you know. At least
      499 words
    • Article, Illustration
      Lock icon Western rock stars to perform in human rights concert
      173 15 UPI ROCK MUSIC STARS Bruce Springsteen, Peter Gabriel and Sting will be joined in New Delhi on Sep 30 by other performers in a concert for human rights. The concert, to be attended by 70,000 fans at the Jawaharlal Nehru Stadium,
      UPI  -  173 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      242 14 COURyOISIERXO -WhLIC TO lENTCICTAIIN Traditional jazz at its best. Come on over and swing to the brilliant blend of jazz unique to Jorgen Svare Jazz Quartet. This fabulous ensemble from Denmark will be at the Treetops Bar on August 30 and 31. from 8.00 pm onwards. At no extra charge
      242 words
    • Advertisement
      Page 14 Advertisements Column 2
      132 14 MALAYSIAN HIGH TEA ONLY$7.OO++ HZ 4 Try Something Malavsian Stvle "HIGH TEA" From three to six every 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: Dondang
      132 words
    • Advertisement
      Page 14 Advertisements Column 3
      250 14 Salutes the Ladies Chinoiserie salutes the 'fairer sex' every Tuesday 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 *****
      250 words
    • Advertisement
      Page 14 Advertisements Column 4
      190 14 Jolly drinking in the Streets $$sf m &EMESE3XLWm PiAZAHcn^ Brach Road Singaporr 0719 1W *****11 SINGAPORE raramount note! Whft tho hippy p*opi» go r »v -2s i firi W'f m We're blasting off tonight and every night at Para Wave Discotheque. Take off to the stars groove to the pulsating
      190 words
    • Advertisement
      Page 14 Advertisements Column 5
      166 14 oo(1 v Allen's DONTDRDKIHEHiUQt! 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 choice. Call 737
      166 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      225 15 53 "9* übertuK (!>rtll So much to choose for only $21.50 A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection...superb pastries, truffles, fortes cheese board, fresh fruit freshly brewed coffee All for $21.50 And for $27.50 you can add a roast or a
      225 words
    • Advertisement
      Page 15 Advertisements Column 2
      36 15 SaC ,'V xo CQURyoISIER cognac l>» anrrfn d, vieiilivK-mn). en tots oi>T it* pour ohtrrm la subtiln* et la finesse ce ngnac '«OOXiOf»AN(J r "6200 J"" .•m *%ci i 732^ 2S3»JS#B®® ses^fet^ 1 XO COURyOISIER COGNAC
      36 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      667 15 CRYPTIC PUZZLE ACROSS 3 Fliers right in the news, possibly (5) 8 Transport ministry or vehicle (5) 10 Work in the theatre (5) 11 Keep out from an urban section (3) 12 The chaplain s home again (5) 13 A leader in the fizzy drinks business, we hear? (3, 4)
      667 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1213 15 Operas, Maharajas CULTURAL MOMENTS II Trlttlco (r) 9.30pm, Channel 12 An operatic tryptich by Giacomo Puccini (left) which consists of: II Tabarro (a melodrama) in which the owner of a barge who is doubtful about his wife's fidelity has an opportunity for revenge; Suor Angelica (a sentimental piece) about a
      1,213 words
Page thumbnail Page 16
  • SPORTS
    • Article
      Lock icon Reid scores play-off victory to claim World Series crown
      632 16 UPI MIKE REID sank a 0.7 m par putt on the first play-off hole on Sunday to outduel Tom Watson and win the US$9OO,OOO NEC World Series of Golf, only his second PGA tour title in a 12-year career Watson, bidding
      UPI  -  632 words
    • Article
      Lock icon College golfing star wins US amateur championship
      203 16 UPI ERIC MEEKS, the No. 4 player on the University of Arizona golf team, easily won the 88th US amateur championship on Sunday, downing Danny Yates 7 and 6 in the match-play final in Virginia. Meeks captured the jewel of American amateur golf
      UPI  -  203 words
    • Article, Illustration
      Lock icon Jones recovers to win world title
      447 16 UPI ROSIE JONES of the US squandered a five-stroke lead on Sunday but recovered to win the U*****,000 LPGA world championship by a stroke. Her victory in the exclusive 16-player field was worth US$Bl,5OO, the biggest prize ever in women's golf. Jones, with only
      UPI  -  447 words
    • Article, Illustration
      Lock icon Graf cruises through one-sided final
      347 16 NYT DISPLAYING A DOMINANCE like that of a champion prizefighter in the ring against an overmatched contender, Steffi Graf won another title on Sunday The 19-year-old West German routed Nathalie Tauziat of France 6-0, 6-1 in 41 minutes to win the United Jersey Bank Classic
      NYT  -  347 words
    • Article, Illustration
      Lock icon Winning weekend for Cram and Aouita
      460 16 AP SAID AOUITA and Steve Cram, still avoiding each other before their expected showdown in Seoul, brought the British track season to a close on Sunday with a pair of impressive preOlympic victories at an international invitation meet in London Aouita. with the fastest
      AP  -  460 words
    • Article
      Lock icon Agassi extends winning streak
      210 16 AP SECOND-SEEDED Andre Agassi continued his winning ways on Sunday, defeating fourth-seeded Yannick Noah of France 6-3, 0-6, 6-4 to win the US$l9O,OOO Hamlet Challenge Cup tournament in Jericho, New York. Agassi, an 18-year-old who ranks fourth in the world and had won six tournaments coming
      AP  -  210 words
    • Article
      Lock icon Indians confident tour will go on
      112 16 AFP THE INDIAN Cricket Board has expressed confidence that the New Zealand team will go ahead with a tour of India this year, in spite of threats to cancel it over an itinerary dispute. Ranbir Singh Mahendra, secretary of the Board of Control for
      AFP  -  112 words
    • Article, Illustration
      Lock icon Formula One title practically Senna's
      481 16 UPI IT ISNT OFFICIAL, but after his win I in the Belgian Formula One Grand Prix last Sunday, only a miracle or i a catastrophe will stop Brazilian Ayrton Senna from claiming the 1988 world drivers championship. The 28-year-old Sao Paolo native notched his seventh
      UPI  -  481 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      121 16 A K r T Scalpel...scissors...sutures...BusinessTimes Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well informed to maximise returns on your money. In the same way a surgeon needs his tools to operate, he needs Business Times to help him make sound investments. Fluctuations in shares,
      121 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      61 16 LEARNED THE VALUE OF SHAPING MY SHOTS FROM WATCHING LEE TREVINO- y ml IF YOU HAVE A PRACTICE GROUND. SPEND SOME TIME THERE WITH A FIVE-IROW AND TRY TO HIT THE BALL RIGHT TO LEFT OR LEFT TO RIGHT j THE BENEFITS OF LEARNING TO CONTROL THE GOLF BALLWILL SOON
      61 words
Page thumbnail Page 17
  • COMPANIES & STOCK MARKETS
    • Article
      Mount Pleasure proposes new terms for CULS
      680 17  -  By CORRINA LIM ANOTHER MALAYSIAN listed company is unable to redeem its convertible unsecured loan stock (CULS) due to mature on Sep 30. 1988 and is proposing to defer the maturity date by more than two years. In an announcement yesterday, property group
      680 words
    • COMPANY BRIEFS
      • Article
        Go-ahead for OCBC
        90 17 OVERSEA-CHINESE Banking Corp Ltd has received approvals from the SES. KLSE, CIC and Bank Negara Malaysia for the listing and quotation of 1.57 million new OCBC shares to be issued for the acquisition of 5.5 million shares of Forward Oversea Credit Ltd. The new OCBC shares are
        90 words
      • Article
        F&N gets approvals
        142 17 FRASER NEAVE has received in-principle approvals from the SES, KLSE and CIC for its listing and quotation of new shares arising from its rights issue of 50.4 million shares of $1 par value at $3 each. The company said its register and transfer would be closed from
        142 words
    • Article, Illustration
      Intraco heads for promising year
      505 17  -  By AMY BALAN TRADING COMPANY Intraco Ltd looks set to turn in its best results in recent years gauging from its spirited performance at halftime Thanks to a higher volume of petroleum-related business, group trading profit jumped 64 per cent to hit $6 58 million
      505 words
    • Article
      Earnings growth slows at Singatronics
      358 17  -  By KEVIN GWEE SESDAQ-LISTED Singatronics Ltd's earnings growth has slowed considerably in sharp contrast to last year's sparkling performance. For the latest six months ended June 30, 1988, the health-care and electronic products manufacturer only managed to achieve a marginal 6 per cent increase in
      358 words
    • Article
      City Dev completes rights issue
      77 17 CITY DEVELOPMENTS Ltd said it had received acceptances for 73.27 million new ordinary shares representing 99 13 per cent of the 73.91 million new ordinary shares to be issued under its rights issue Excess share applications have been received for 5.32 million new ordinary shares.
      77 words
    • LATEST RESULTS
      • Article
        Hind incurs net loss of $2.43m
        95 17 HIND HOTELS International Ltd Net loss of $2 43 million (loss of $2 66 million) on turnover of $5 45 million ($5 62 million) and interest income of $1 29 million ($1.45 million) for the six months ended June 30, 1988 Loss per share
        95 words
      • Article
        Carlsberg nets M$7.73m in interim
        58 17 CARLSBERG BREWERY Malaysia Bhd Net profit of M 57.73 million ($5 34 million) on turnover of $108.71 million ($BB 75 million) for the six months ended June 30, 1988, giving earnings per share of 19 cents (13.1 cents) An interim dividend of 10 cents gross
        58 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        APPROVED ISSUES
        18 18 Company RIGHTS ISSUE Raleigh Seven-for-two $1 00 per shore Ex-dote: Aug 31 Books close: Sep 14
        18 words
      • Article
        PROPOSED ISSUES
        305 18 Company RIGHTS ISSUE A M D B One-for-four @40 50 per shore C 1 Holdings 27 million loan stock} in the ratio of )3 loan stock for. every five ordinary shares held Duto Cons One-for-one $1 10 per share F N Two-for-five $300 per share F A C
        305 words
      • Article
        COMPANY MEETINGS
        219 18 DAY API INDUSTRIES (MA- LAYSIA) Berhad: 4th AGM at 15th Floor MCB Plaza,6 Changkat Raja Chulan, ***** Kuala Lumpur, today, Aug 30, at 10am. .SINGATRONICS Limited: £CLM at Board Room, #06- 01/06, 512 Chai Chee Lane.Bedok Industrial Estate, Singapore 1646 on Thursday, Sep 8, at 11am. OAF Limited
        219 words
      • Article
        Unit trusts
        313 18 Managers' prices for Aug 30 UOB Management Unifund 0 886 0 885 Singapore Unit Trust Unibond 101 1035 The Commerce 095 101 MAKA-Bumiputra The Savings Fund 084 090 f First, B putro 630 635 S pore Prog Fund 040 044 Second B puHo Afrxi Bputrow fcurth^utr^ 571 5
        313 words
      • Article, Illustration
        Punters and fund managers beat a hasty retreat
        720 18 THE MARKET took another hard knock yesterday as punters and fund managers alike beat a hasty retreat following Tokyo's near 300-point drop. There was some late bargain-hunting which trimmed the day's losses. Dealers said investors were unnerved by the sharp falls in
        720 words
    • Article
      SES SHARE INFORMATION
      5297 18 1988 High Low Tal Cod* Company Last Sale forGr'a Dlv Dlv C'vr Gr'a rid Net PIE Vol Day (•000) High Low Laat O Buyer 3 note •Iter SECTION ONE INDUSTRIAL COMMERCIAL 141 85 218 167 135 460 95 42 122 100* 111 316 X e X X
      5,297 words
    • SES/KLSE
      • Article, Illustration
        KLSE stocks slip further on lack of interest
        4533 19 A LACK of buying interest saw share prices slip to yet lower ground on the Kuala Lumpur stock market yesterday. Sellers were in total command and losses were incurred across the board. At the close of trading, the scoreboard showed 191 losers
        4,533 words
      • Article
        Lock icon Malaysia Airlines' cash reserves up by 30pc
        407 19 NST MALAYSIA AIRLINES' cash reserves have surpassed the Mssoo million mark, thanks to the continued growth in earnings of the national flag carrier. Group deposits, cash and bank balances of M 5568.5 million as at March 31, 1988. were almost 30 per cent
        NST  -  407 words
      • Article
        DIVIDENDS ANNOUNCED
        637 19 Curront Ca looks Doto Totol lor Total for poyment dm dot# poyabto fee yeor tool yeer AIN Bonk 13*% III Aug 23 NYA Aug 31 '3*% 27% Atox Hldgs 4%lbi Aug X Sep 9 Sep 26 6% 4% Roto 8% "I Sec 9 Sep 23 Oct 12 8%
        637 words
      • Article
        BONDS, LOANS & WARRANTS
        436 19 BONDS, LOANS WARRANTS Company E*p*y/ maturity date Coupon <%) Chuan Hup Wrts 1991 City Dev Roods >994 5% City Dev Wm 1992 Dunlop Est CULS 1988 8% G Corp CULS J 989 10 H Prop bonds H Prop Wrts 1993 1993 4 H Toi-Pon Wrts 1992 JC-MPH Loan JC-MPH Wrts
        436 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Indonesia's exchange awakes from slumber
        622 20 Index at record high, new over-the-counter market to be launched FT INDONESIA s tiny stock exchange is usually said to be suffering the effects of a big sleep, not a big bang In recent weeks, however, the market has stirred into life, as the index
        FT; Annual figures  -  622 words
      • Article
        Lock icon Venture to get Toyota know-how
        288 20 AFP JAPAN'S Toyota Motor Corporation is to transfer technical know-how to a Taiwanese-Japanese joint venture in Taipei for making sedans next month, a spokesman for the venture, Kouzui Motors, said yesterday. The introduction of the new sedan, a 1,600 cc vehicle exclusively for Taiwan's domestic
        AFP  -  288 words
      • Article
        Lock icon Pacific Dunlop's quiet foray into US market
        639 20 NYT PACIFIC DUNLOP Ltd, an Australian conglomerate that is outgrowing its home market, is quietly invading the United States. Eight years ago, the Mel-bourne-based company did virtually no business in America. Today, after a spate of acquisitions, US sales are running at more
        NYT  -  639 words
      • Article
        Lock icon FAI Insurance selling Ariadne shares
        222 20 Reuter FAI INSURANCES Ltd is selling 146 million of its 196 41 million shares in Ariadne Australia Ltd to a company controlled by Ariadne s founder. New Zealand entrepreneur Bruce Judge, for 58 cents each The parcel, worth AsB4 68 million, is nearly 20 per
        Reuter  -  222 words
      • Article, Illustration
        Lock icon Sharply lower close
        581 20 Tokyo Reuter SHARE PRICES on the Tokyo Exchange closed sharply lower yesterday in a thin dealers market with no buying incentives in sight The Nikkei index fell 299 81 points, or 1.08 per cent, to 27.379.10 It gained 113.50 points in Saturday s half-day session. Falls led
        Reuter  -  581 words
      • Article
        Lock icon Taipei: Early rally falters
        378 20 Reuter AN EARLY RALLY on the Taiwan exchange (altered yesterday when strengthening financial issues suddenly dropped The weighted index dropped 8 18 points, or 0.1 per cent, to close at 7,589.75 compared with Saturday's 7.597.93 close and an earlier high of 7,747.58. Turnover jumped to more
        Reuter  -  378 words
      • Article
        Lock icon Bangkok: Stocks edged up
        166 20 Reuter j THE SECURITIES Exchange of Thailand Index edged up 068 points to 438 61 yesterday on a turnover of 4.365.268 shares worth 302 35 million baht Reuter AUG BAMT Ao Kham Thai 434 ♦10 Ayudhya Investment 424 -4 Bangkok Agro-lrid 109 1 Bangkok Bank 313
        Reuter  -  166 words
      • Article
        Lock icon Manila: Prices firm up
        178 20 Reuter SHARE prices on the Manila Stock Exchange ended the day higher yesterday on the first day of President Corazon Aquino s two-day state visit to Brunei, brokers said "Investors are still cautious, but there's a growing realisation that the political situation is no longer as
        Reuter  -  178 words
      • Article, Illustration
        Lock icon On a downward skid
        616 20 Australia Reuter j AUSTRALIAN stocks closed sharply weaker yesterday in very low turnover as a despondent tone dragged the national market down to its lowest level in nearly two months. Brokers said there i were no buyers in the market yesterday and no sector escaped the
        Reuter  -  616 words
      • Article
        Lock icon Seoul: Ninth straight fall
        261 20 Reuter SHARE prices on the Seoul stock exchange fell across the board yesterday in thin trading as nervous investors sold stocks throughout the day. brokers said. The market fell for the ninth consecutive session with the composite index losing 7.91 points to close at 662.69 "Most
        Reuter  -  261 words
      • Article
        Lock icon Bombay: Fall on broad front
        171 20 Reuter SHARE PRICES on the Bombay exchange fell on a broad front yesterday in the absence of investor and institutional support. Brokers said stateowned financial institutions sparked off widespread selling when they withdrew support, after sustaining the market for a week. A five-billion rupee debenture
        Reuter  -  171 words
      • Article
        Lock icon New Zealand: Lower close
        98 20 Reuter THE SHARE market lost ground yesterday, affected by a rapidly depreciating domestic currency Brokers said the significantly lower NZ dollar, if sustainable. should breathe new life into trading over the next few days. Private investors were unnerved by bearish local economic news reports but a
        Reuter  -  98 words
    • INTERNATIONAL COMPANY NEWS
      • Article, Illustration
        Lock icon European merger mania following Wall Street style
        866 21 'Merger and acquisition activity is more intensive than ever been' NYT EUROPE'S STAID industrialists have long looked down on Wall Street's boisterous takeover scene as a financial Wild West. In recent months, however, Europe has been doing its best to imitate American merger
        NYT  -  866 words
      • Article, Illustration
        Lock icon Volvo's second quarter profits expected to be flat
        511 21 Reuter CAR MAKER AB Volvo is expected to present flat second quarter net profits today, with first half figures still reflecting losses caused by a three-week strike in January, analysts said. Analysts polled by Reuters gave estimates of first half profits ranging
        Reuter  -  511 words
      • Article
        Lock icon Alcan accord averts plant shutdown
        262 21 Reuter ALCAN ALUMINIUM Ltd has reached a tentative contract agreement with 1.500 unionised employees at its Kitimat smelter, narrowly averting an expensive shutdown of the plant, the fifth-largest in the world. Alcan spokesman Allan Hewitson would not release details of the pact, but said members
        Reuter  -  262 words
      • Article
        Lock icon Jaguar bracing for lower full-year profit
        252 21 FT JAGUAR, the UK luxury car maker which saw its firsthalf profit more than halved to £22.5 million (£45.7 million), is bracing itself for a significantly lower full-year profit. Chairman Sir John Egan warned that trading conditions would remain difficult throughout 1989 Sir John
        FT  -  252 words
      • Article
        Selected indices
        136 21 HONGKONG Hongkong Index Monday Closed Friday -626 33 Week ago 1.692 31 Hang Seng Index Monday Closed Friday 2 464 83 Week ogo 2.564 14 All Industrials Monday 2.540 1 Friday 2 581 7 Week ogo 2 640 5 NEW YORK Dow Jones Fridoy 2.017 43 Thursday *****5
        136 words
    • Article
      Fujikura subsidiary awarded OHQ status
      578 22  -  Second Japanese firm to gain such tax incentives By BOEY KIT YIN THE JAPANESE subsidiary, Fujikura International Management (S) Pte Ltd, has become the second Japanese company to gain tax incentives under Singapore's operational headquarters (OHQ) scheme. The OHQ status covers a network of 14
      578 words
    • Article
      Lock icon Asean builders map out 8-point strategy
      307 22 Bernama ASEAN construction companies have mapped out an eight-point action plan to counter an impending challenge from giant foreign competitors who are expected to flock to their countries with the economic recovery in the region. The new chairman of the Asean Constructors Federation (ACF),
      Bernama  -  307 words
    • Article
      CMS unit expects $40m sale of storage devices
      482 22  -  By JOHN TAN A US subsidiary expects to sell about $40 million worth of electronic mass storage devices by the year-end following recent acquisition of a manufacturing facility. CMS Enhancements (S) Pte Ltd. a wholly owned subsidiary of CMS Enhancements Inc of
      482 words
    • Article
      Lock icon Taiwan firm asks for permission to buy Chinese coal
      143 22 AFP THE STATE-RUN Taiwan Power Company (Taipower) has asked economic authorities in Taipei whether it can match the private sector and indirectly import coal from China. A Taipower official said yesterday it was the first time a government enterprise had formally
      AFP  -  143 words
    • Article
      Lock icon China backs Seoul offer to ease Korean tensions
      262 22 AFP CHINA HAS for the first time explicitly backed a South Korean initiative for dialogue between Seoul and Pyongyang, breaking from its traditional alignment with North Korean positions, an informed Japanese source said in Beijing yesterday. Chinese Premier Li Peng told his
      AFP  -  262 words
    • Article
      Lock icon Rebels warned against terrorism in India
      170 22 AFP INDIA has warned separatist rebels belonging to Sri Lanka's powerful Liberation Tigers of Tamil Eelam (LTTE) against carrying out their threat of terrorism on Indian soil. New Delhi said on Sunday it would "firmly deal" with LTTE rebels if they tried to stage
      AFP  -  170 words
    • Article
      Lock icon Suspended judges ask tribunal head to disqualify himself
      353 22 UPI FIVE SUSPENDED Malaysian Supreme Court judges charged with gross misbehaviour" appeared yesterday before a royal tribunal and asked the chairman of the investigation to disqualify himself, lawyers said Tribunal chairman Hashim Yeop Sam told reporters after the closed-door session that lawyers
      UPI  -  353 words
    • Article, Illustration
      Lock icon Mahathir calls for national unity
      241 22 Bernama PRIME MINISTER Datuk Seri Dr Mahathir Mohamad has called on Malaysians to appreciate fully the theme of this year s National Day celebrations, which is "Unity so that greater development can be attained and the country will gain more respect "When we are really
      Bernama  -  241 words
    • Article
      Lock icon Inactive M'sian partners rapped
      138 22 Bernama MALAYSIAN Trade and Industry Minister Datin Paduka Rafidah Aziz yesterday took to task Malaysians of joint ventures who remain inactive in their companies. Urging them to be real industrialists. she added that they should not be satisfied merely with their contributions "in terms of capital
      Bernama  -  138 words
    • Article
      Lock icon Comex gold and silver
      95 22 Reuter COMEX GOLD futures yesterday eased in thin early business reflecting the holiday closing of markets in Hongkong and London. The October delivery was down US$O 30 at US$435 30 an ounce after a narrow range of US$436 30 to US$435 00. Comex silver futures slipped
      Reuter  -  95 words
    • LATE FILE
      • Article
        Lock icon Kim wants two ministers fired
        40 22 AFP SOUTH Korean opposition leader Kim Young-Sam said he had met President Roh Tae-Woo yesterday and called for the dismissal of the country's Defence Minister Oh Ja-Bok and Minister of Government Administration Kim Yong-Gap. AFP
        AFP  -  40 words
      • Article
        Lock icon Opposition backed by Junejo
        36 22 Reuter FORMER Pakistani Prime Minister Mohammad Khan Junejo yesterday joined a growing chorus of opposition demands for the sacking of Pakistan's federal and provincial governments to prevent rigging of November's elections. Reuter
        Reuter  -  36 words
      • Article
        Lock icon Victorians to vote in October
        42 22 AFP THE Labor government in Victoria would go to the polls on Oct 1 in an election expected to test the policies of the Australian federal Labor government, according to Premier John Cain in Melbourne yesterday. AFP
        AFP  -  42 words
      • Article
        Lock icon Iraq wants free navigation
        40 22 Reuter IRAQ wants Iran's agreement to free navigation in the Gulf and the Shatt al-Arab waterway before progress can be made at the Geneva peace talks. Iraqi Foreign Minister Tareq Aziz said in Geneva yesterday Reuter
        Reuter  -  40 words
      • Article
        Lock icon Belfast police brace for violence
        31 22 UPI POLICE in Belfast said yesterday they were braced for further violence in Northern Ireland after a weekend blitz of riots, bombing and gun attacks. UPI
        UPI  -  31 words
      • Article
        Lock icon US-Soviet N-talks begin
        41 22 Reuter US and Soviet officials began talks in Geneva yesterday aimed at completing treaties this year to limit the size of underground nuclear explosions. between US Ambassador Paul Robinson and Igor Palenykh. of the Soviet Foreign Ministry. Reuter
        Reuter  -  41 words
      • Article
        Lock icon RN women in Nato combat roles
        27 22 AP BRITAIN for the first time will assign 12 Royal Navy women to participate in a Nato exercise this week AP
        AP  -  27 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      58 17 Pharmaton Capsules An effective aid to good health One Pharmaton J capsule a day wiJI help to maintain your well-being, relieve t i f tiredness and improve physical fitness. V Available at all leading pharma< ies, drugstores and the local distributor: INDRUCCO PTE. LTD. F,„ y p <■»*'«» S(0105) TEL.
      58 words
    • Advertisement
      Page 17 Advertisements Column 2
      756 17 AMERICAN EXPRESS BANK (a wholly owntd subsidiary of Amtnan Eiprns Company) Spfculifti in IncomtOonMl Financial Sarvkts International Headquarter! American Express Tbv«er World Financial Center New York NY *****-21 SO Singapore Branch: Shmg Kwtr House Shenton Way telephone 220-2311 leiex K*****2 Cable Address AME XBANK SINGAPORE REPORT OF CERTIFIED PUBLIC ACCOUNTANTS
      756 words
  • Page 17 Miscellaneous
Page thumbnail Page 18
Page thumbnail Page 19
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      537 20 NOTICES In the Matter of The Companies Act, Cap. 50 and In the Matter of CARROLLTON TANKERS (SINGAPORE) PTE. LTD. Notice of Resolutions for Members' Voluntary Winding Up (Pursuant to Section 290) At an Extraordinary General Meeting of the members of CARROLLTON TANKERS (SINGAPORE) PTE. LTD. duly convened and held
      537 words
    • Advertisement
      Page 20 Advertisements Column 2
      418 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FORTUNE OILFIELD SERVICES PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the members of Fortune Oilfield Services Pte Ltd convened and held at 3 Tuas Avenue 2, Singapore 2263 on August 23.
      418 words
    • Advertisement
      Page 20 Advertisements Column 3
      9 20 The Hongkong market was closed yesterdav for Liberation Day
      9 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      689 21 ROXY ELECTRIC INDUSTRIES (MALAYSIA) BERHAD (Incorporate) In Malaysia) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Roxy Electric Industries (Malaysia) Berhad will be held at the Ming Crystal Ballroom, Ist Floor, Ming Court Hotel, Jalan Ampang, ***** Kuala Lumpur, Malaysia on 15th September,
      689 words
  • Page 21 Miscellaneous
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      194 22 INVOICE TURN INVOICES M INTO CASH M s FM P E CIM E N i! Factoring.. Get your invoices paid within ON E DAY "t/ 8% Assign your invoices to us and get immediate cash (up to 90*0 of the value) PRODUCTIVITY we handle sales ledgering and supply you with
      194 words
    • Advertisement
      Page 22 Advertisements Column 2
      10 22 Archive pumps in another $15m to upgrade facility. PAGE 3
      10 words
    • Advertisement
      Page 22 Advertisements Column 3
      131 22 A MITSUBISHI LATEST MODEL HAND-HELD CELLULAR PHONE MAKE AND RECEIVE PHONE CALLS AT ANY TIME, ANY PLACE. TELECOMS MODEL AH 20 Retractable antenna 100 memory spaces to store your contact names and telephone numbers in code World s lightest in Weight (520gm) and compact in size, fits well into your
      131 words
Page thumbnail Page 23
  • SHIPPING TIMES
    • Article
      Marginal improvement in Penang Port's throughput
      389 23  -  By G DURAIRAJ PENANG PORT handled 3.94 million tonnes in the first half, 0.3 per cent higher over the same period last year. Though containerised movement continued its upward trend, there were sharp reverses in the flow of commodities including fuel oil, palm oil.
      389 words
    • Article
      Lock icon Foreign seamen allowed to man Japanese ships on April 1
      173 23 Reuter THE JAPANESE Transport Ministry plans to allow foreign seamen to man Japanese flag carriers in the year starting April 1, 1989, in a move to help maintain the Japanese merchant fleet, shipping industry sources said. The ministry has said
      Reuter  -  173 words
    • Article
      Lock icon Greek strike will affect eight ports
      156 23 Reuter A STRIKE by Greek port workers from Sep 1-7 inclusive will affect operations at eight major Greek ports, the president of the Port Employees Union said. Ports affected will be Piraeus, Patras, Thessaloniki, Volos, Eleusina, Hania, Iraklion and Rethymnon. "We are striking because
      Reuter  -  156 words
    • PORTSIDES
      • Article
        New Dutch venture
        88 23 A NEW SHIP financing venture has taken over the Dutch activities of Den norske Creditbank, which is rationalising following major losses last year. Dolfinance BV will manage a substantial volume of business in both shipping and real estate. It will act as a service company both in
        88 words
      • Article
        Sulpicio to improve ferry service
        98 23 SULPICIO LINES will improve its Manila-Cebu service with the addition of a cargo-passenger ferry, the Filipino Princess. The vessel, capable of transporting 2,500 passengers. 90 crew and 200 TEUs, will join the service in December The 11,295 grt vessel, the third to be acquired by
        98 words
      • Article
        Lock icon Japan seeks delay in ships' call
        86 23 AFP KANAGAWA governor Kazuji Nagasu has met with US ambassador to Japan Mike Mansfield to ask that the United States cancel or delay the scheduled entry of two nuclear warships into Yokosuka port. After the meeting, Mr Nagasu told reporters that he had asked
        AFP  -  86 words
    • Article
      Lock icon Electronic data interchange: not a cure-all for all shipping problems
      1166 24 Seatrade ANY TRADE exhibition visitor during the last year or two could not have missed the seemingly religious power that the words Electronic Data Interchange have acquired. EDI, as it is more commonly called, has, however, now broken free from
      Seatrade  -  1,166 words
    • Article
      INDEX TO ADVERTISERS
      764 24 AB Shpg V 5 ABC Container IX I Accord Shpg VI 3 Alltrans VII 3 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Asian Oceon VI 1 Bolt Canodo i.ne
      764 words
    • Article
      Lock icon Manila tightens inspection on tyre imports
      301 24 Manila Chronicle AN INCREASE In technical smuggling of imported tires at the Port of Manila has prompted the Bureau of Customs to tighten inspection of new and used tyre imports. Customs Commissioner Salvador M Mison recently ordered port collectors and inspectors to subject all
      Manila Chronicle  -  301 words
    • Article
      Lock icon New measures to improve safety at sea
      465 25 Lloyd's List NEW INSURANCE measures that should make a major contribution to safety at sea are to be introduced by more than 200 London marine underwriters. They provide for an unprecedented level of co-operation between insurers and classification societies to improve maritime safety.
      Lloyd's List  -  465 words
    • Article
      Lock icon Aker seeks cooperation with Dragados
      82 25 Reuter NORWEGIAN offshore engineering and construction company Aker A/S said it was discussing future cooperation with a Spanish contractor firm, Dragados y Construeciones SA. based in Cadiz. "We are discussing cooperation with Dragados, which could eventually lead to a joint venture agreement." Aker spokesman Per
      Reuter  -  82 words
    • Article
      Lock icon Iraqi ports prepare to service commercial ships
      166 25 Reuter IRAQ said its Gulf ports were preparing to receive and service commercial ships after an eight-year stoppage due to the war with neighbouring Iran. "The Iraqi Ports Authority is making preparations to service and load outgoing and incoming commercial ships to Iraqi
      Reuter  -  166 words
    • Article
      US landbridge concept boosts Aussie line's trade
      256 25  -  By KINGSLEY WOOD AUSTRALIAN New Zealand Direct Line has increased its business out of Australia by some 300 per cent since 1984 with the introduction of the US landbridge concept, director of import sales in the United States, Homer Walker said. The concept
      256 words
    • Article
      Lock icon TANKER RATES
      241 25 AFP THE CURRENT uncertainty regarding production levels among Opec members and the volatile oil price structure are acting as a deterrent on potential buyers on the tanker market, according to London brokers E A Gibson. In their latest weekly market report, they say that a seasonal lack of
      AFP  -  241 words
    • Article
      Lock icon Incinerator ash is not poisonous
      146 25 AP UNITED STATES authorities have allowed a Norwegian shipping company to return 14,000 tons of incinerator ash that had been rejected by the government of Guinea as toxic waste. Tom Erik Klaveness of the Torvald Klaveness Co said federal and state environmental authorities in Pennsylvania
      AP  -  146 words
    • Article
      Lock icon Rate battle intensifies
      206 25 Seatrade Week PROSPECTS for a running tit-for-tat battle between European Community and South Korean owners are intensifying in the run-up to the expected adverse EC Commissions ruling against Hyundai Merchant Marine for "rate dumping". Shipping analysts in South Korea foresee the new joint outsider service of Korea
      Seatrade Week  -  206 words
    • Article
      LONDON FREIGHTS
      1329 30 INCREASED activity in the grain sector was noted, although other commodity sectors on the London shipping freights market remained very quiet Friday, and in the case of coal and fertiliser, completely neglected. The grain sector saw two bookings by Archer Daniels from the US Gulf to Holland, one
      1,329 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7589 30 AARHUS Vill. de Mercer CM D AfreflemMl Aug 31 Meersk Paris Msersk Lin. Sep 1 La Same Triof Sap 1 L ondon Express Triot Sap '(PK) Evar Garland EvergrMn Sap 3 Ming Propitious Yang Ming Sap 3 Chun He China Ocean Sep
      7,589 words
    • Article
      SHIPS IN PORT
      1545 30 AT CONVENTIONAL WHARVES Ko'a Alow 19 alongside X 0B ISX < on loops P gess ilO olongside xoe 2300 Vessel Berth i Arrival Departure ftwd- U'oma Dong Do Jl J4 XOe 0600 xoeoeoo 3106 2300 31 06 7300 KEPPEL WHARVES Ory Groce KM olongside 31 06 1500
      1,545 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      774 23 TIMES STP Distributors Dedicated to Quality se»*vice JAROINE shipping AGENCIES 200 Cantonment Road. #12-05 Southpomt Singapore (POO Toi *****11 TMi RS ***** Facsimile *****09 TERMINALS Tai *****11. *****19 *****20 FOR CUSTOMER SERVICE INQUIRIES ANO BOOKINGS T« *****30/5 PESAKA JAR DINE SHIPPING AGENCIES SON SHO PORT KELANG Tal *****18 Ttlei MA
      774 words
    • Advertisement
      Page 23 Advertisements Column 2
      88 23 mm ANY TRADE exhibition visitor during the last year or two could not have missed the seemingly religious power that the words Electronic Data Interchange have acquired. EDI, as it is more commonly called, has, however, now broken free from its esoteric status. Page II NEW INSURANCE measures that should
      88 words
    • Advertisement
      Page 23 Advertisements Column 3
      679 23 BALT-ORIENT LINE Baltic Shipping Co Regular Services from South East Asia to United Kingdom and M Cll■■ll ■ill .1 Bnr*f norm uontramai ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel; *****33 MAERSK LINE YOU ARE AHEAD WITH OUR ARRIVALS FM EUROPE EVERY MONDAY Feeder from' Port Malaysia Ketang This
      679 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      504 24 I u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ROTTERDAM ANTWERP P KEIANG SOUTHAMPTON HAMBURG BREMERHAVEN LA SEINE LONDON EXPRESS BENALDER BENAVON OSAKA BAY KASUGA MARU ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN. COPENHAGEN AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM, CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO
      504 words
    • Advertisement
      Page 24 Advertisements Column 2
      19 24 /JSmJJV Lines and services represented by Members of the Registry of Accredited I Shipping Agents. Singapore National Shipping Association.
      19 words
    • Advertisement
      Page 24 Advertisements Column 3
      461 24 POLISH OCEAN LINES Optorg Shipping Pf#» Ltd 4.^ CHARCEUHS DEL MAS Agents Optorg Shipping Pte Ltd PKeiar* jsaoi/2/3 S.ngjporf ******4 PeUling Jaya 75^2593,*****03 Penang 62J?«5 SEMI-CONTAINER SERVICE TO W AFRICA S PORE REU PNR POC/LSV OLA COU LOME ABJ OKU ALTAI/2 CR OOUALA/22 vital 2M 9/10 12/10 J/10 10/1# 14/10
      461 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      1313 25 The Straits Steamship Group t—Mansfield Container Shipping Re Ltd P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok LA SCINf LONDON EXPRESS ■ciwVON OSAKA lAV KASUCA MARU W* llfl 01 10 83(10 OHO <*,10 ism urn wio 01/10 10,10 11/10 isne 1M n/9
      1,313 words
    • Advertisement
      Page 25 Advertisements Column 2
      609 25 EUROPE m TIKYI SERATOR ■El TMK SENA TOD km TTHTTI 3 i-m: 3 ,u vI I. i.M ■T7l <§L SENATOR LIN IE General Agent: USA/PANAMA mm iTITM LI accept** carco tjtrw m. uu. crl na. sm. tam. ryc mm oal mm rfk. •TKI PORTS M REORCST FEEDER P PIERCE VI4S
      609 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      481 26 IHSINOSE El MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE PNO/8. PACIFIC SERVICE Singapore Loading for: t 1/10 LAE, PMB, HRA MICRONESIA SERVICE OCEANIA EXPRESS V-20 13/9 YOK ASIAN LILY V-43 2/9 HK LOAD FOR 13/9 GUAM, SAIPAN YOKO LOAD FOR 2/9 YAP KOROR, TRUK. PONAPE EH
      481 words
    • Advertisement
      Page 26 Advertisements Column 2
      723 26 CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL BOTO AC IS KUANTAN S PORE LOAOING FOR 12/9 7/9 DUBAI, OAMMAN. KUWAIT GEN AGENTS: CROWN MARINE CO (PTE) LTD TEL: ***** M Unee) FAX NO: 223 MM SUB-AGENTS: KUALA LUMPUR TEL: ***** M/ PENANG TEL: Hl5OO, SII7M LI AN HUAT SNIPPING CO.. (PTE)
      723 words
    • Advertisement
      Page 26 Advertisements Column 3
      155 26 VA FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY KARACHI: ETA 10 9 20 9 AFGHANISTAN NEW SERVICE KABUL/HAIRATAN/TORGHUNDI 20/9 8/10 AUSTRALIA/ NEW ZEALAND SYDNEY, MELBOURNE FREMANTLE Alto accepting to Darwin AUCKLAND, WELLINGTON, LYTTLETON, DUNEDIN NAPIER EUROPE HAMBURG, ROTTERDAM, BARCELONA, FELIXSTOWE, LONDON, ANTWERP Also accepting to: Scandinavian European inland
      155 words
    • Advertisement
      Page 26 Advertisements Column 4
      992 26 EVERGREEN Full Container Service lound-The-World East Bound (FE/CARIB/USEC/EURO/FE) FVf»fUTM,» "5 LC ws EVER GATHER In Pt J/1 Sfl (q m ij* ,c« EVE* GOVERN Sn M 11/9 un H" TS £2 EVER GARDEN U/t is, W U* 2*o 2M *0 EVER GROWTH 17n »t M M WO EVER GRAND 24n
      992 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      994 27 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 VOY U35 U3« 2958 M 37 U3I SIN SBY SMG SIN SCO 1/9 5/9 5/9 7/9 9/9 12/9 10/9 15/9 19/9 11/9 14/9 19/9 19/9 19/9 21/9
      994 words
    • Advertisement
      Page 27 Advertisements Column 2
      467 27 va BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT La Seme Iff London Eipresi 14 Benalde' SI Benjyor 11 Osaka Bit 141 Kaluga Mjru 111 Kafa an Lirp Bay 241 Hongkong Eipretl 301 SPO»E P KLANG STON NAM B HAVEN ROAM HAVRE n/* tbi nn in 24i aw an 241
      467 words
    • Advertisement
      Page 27 Advertisements Column 3
      508 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE SRIWIJAYA/24W8 OCEAN PRIMA/11WB KUTAI/15WB S PORE ANTWERP H BURG/ RDAM/ADAM BREMEN 5- 9/9 14/10 18/10 24-26/9 2S/10 29/10 30/9-3/10 26/10 31/10 Subject to Inducement. Also
      508 words
    • Advertisement
      Page 27 Advertisements Column 4
      362 27 BOUSTEAD SHIPPING AGENCIES PA AN Vl2»* HAKA V 341 BURMA FIVE STAR SHIPPING JffIRPORATION (Burmese National Line) Loading for Rangoon Pore P Kelang Penang Bangkok BANK LINE SEMI-CONTAINER SFRVICF heavy unrm&myNORTHBOUND TO UKC IVYBANK V22N TAUSALA SAMOA VI3N MORAYBANK V6N SPORE RDAM HULL HMBG 11/9 10/10 15/10 12/10 4/10 31/10
      362 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      608 28 Kline KAWASAKI KISEN KAISHA, LTD. N. AMERICA-ATLANTIC COAST NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP FEEDER VESSEL NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP N. AMERICA PACIFIC SOUTH-WEST MOTHER VESSEL GEORGE W. BRIDGE MANHATTAN BRIDGE HENRY HUDSON BRIDGE MACKINAC BRIDGE N. AMERICA PACIFIC NORTH-WEST ■export ACE CONCORD ORIENTAL
      608 words
    • Advertisement
      Page 28 Advertisements Column 2
      294 28 Accepting LCL and containerised cargoes Direct to South Africa Accepting Containers Onlt NEDLLOYO COLOMBO 603SF UNITY 8209F OSAKA MARU 6141F VENTO 0703F Spore 318 10-9 20^ □ONGNAMA LIME SPORE PKELANC PENANG INCHON BUSAN MALAYSIA GLORY V»1 In Pt 4 Sep 5 Sep IS Sep 17 Sep INSA VBO7 2 Sep
      294 words
    • Advertisement
      Page 28 Advertisements Column 3
      619 28 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore Penanf Load** tor Hotter W By feed* By Feeder ZZ\» n rvT > s*p» 8 S«pt frwi Mdc S,an Aon >» l 3 <* 3 Oct Frem IMb Srfn AM KEV« »<* »0S Fr«n IMb Sfdn AM Mll S 23 Nov F„m
      619 words
    • Advertisement
      Page 28 Advertisements Column 4
      618 28 GOLDEN LINE 3; £>i GUAN GUAN SHIPPING (PTI) LTD I 23 liW A)rer Str*«t SINGAPORE 01M Ttl S34MM (10 LINES) Fai U4JSM STRAITS/PERSIAN GULF SERVICE Spore PKeiang Pww, GOLDEN BEAR Colombo Kjrjchi Dubai 6/7 Sept GOLDEN HARVEST Colombo Karachi Dubai 28/28 Sept CHINA SERVICE BAI YUN SHAN Shanghai HsinKang 5/6
      618 words
    • Advertisement
      Page 28 Advertisements Column 5
      533 28 PHIU OniCNT LIN€S PT€ LTD HEAO OFFICE 63 ROIINSON ROAD »07 12 AFRO-ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 EAST/FAR EAST Pa ft LCI SSI VICE ETA SINGAPORE NiiMiy../; J EDO AH (LCL) m n-iMn-iiVifi'iii;-; '5 I 'II iII 1 I ig.'iiXTi' ;n: W.V' J.'IMH-l': n rnB7TTIT7TfT*TT
      533 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      706 29 NEPTUNE AGENCIES PTE LTD ft EU/AUST TPA/SCA General Enquiries: Tel: 278M77 Terminal CFS BOOKINGS *****53 *****42 *****22 *****53 *****19 *****16 NEPTUNE ORIENT LINES LTD WTH77T-, FULLY CONTAINERISED SERVICE a TO EUROPE/UK (VIA SUEZ): I sw. 1 H* NEPLINE SON BHD 36M57 NEPLINE SDN BHD 2t1«33 1 NEPLINE SON BHD. t2O»/«27MM27M1«27it2
      706 words
    • Advertisement
      Page 29 Advertisements Column 2
      152 29 JE CONTAINER LINE, INC DIRECT LINER SERVICE ASSURANCE TWICE WEEKLY LCL TO PORT KELAN6 (IST CALL) 03/09 (2ND CALL) 10/09 PENANG (IST CALL) 06/09 (2ND CALL) 06/09 BANGKOK (IST CALL) 03/09 (2NO CALL) 07/09 HONG KONG (IST CALL) 03/09 (2ND CALL) 05/09 KEELUN6/KAO (IST CALL) 01/09 (2ND CALL) 06/09 BUSAN/INCHON
      152 words
    • Advertisement
      Page 29 Advertisements Column 3
      567 29 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 SERVICED Vmml» Name ETD BS S PORE PKELANC KEE BUSAN MOJI #Vega/UIN 01/09 02/09 12-15/09 17/09 No I Donjm W/N 22/01 02-04/09 05-014-14/09
      567 words
    • Advertisement
      Page 29 Advertisements Column 4
      746 29 W Oil NOV./\ 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 KEIANG MESSRS HAI THONG SHIPPING W Penang St'ee* Penang, Malaysia M S HANDLING
      746 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      258 30 r r SINGAPORE SHIPPING r CORPORATION (PTE.) LTD. TEL 225 6868 |30 lines) FAX *****39 *****76 TELEX RS ***** A/ B SSCMA RS ***** A B SSCAO DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK A INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE RUEBELANO Ml CEGIELSKI IIU
      258 words
    • Advertisement
      Page 30 Advertisements Column 2
      122 30 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL SHOFUKU OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. KABUKI Via ETA SIN l/«/M SPORE KAOSHIUNG 4 DAYS KEELUNG -> TOKYO SHIMIZU NAGOYA KOBE 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS SHOFUKU AGENCIES (S) PTE LTD TEL: 2256M8
      122 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      553 31 i I p REGULAR EXPRESS FCL LCL SERVICE ABC CONTAINERLINE N.V. WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: ELLEN HUDIG 208 ETA 7/9/88 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 15 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vsl TNT EXPRESS E- HUDIG Brussel
      553 words
    • Advertisement
      Page 31 Advertisements Column 2
      170 31 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 <16 Linas) Fai *****61 LCL FIXED CONSOLIDATION TO:MARSEILLES/GENOA KEELUNG/MANILA mm PACIFIC ORIENT LINE m ac Wr? HWA YANG MARINE PTE LTD (a member of The Straits Steamship Group) WEEKLY CONTAINER FEEDER TO/FROM JAKARTA ETA Singapore every Friday VESSEL: C V MAUNG ETA S
      170 words
    • Advertisement
      Page 31 Advertisements Column 3
      1143 31 Tatsumi Marine DIRECT SAHJNG TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct caH 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 kp. omcL m mmm wraccs m. Ltd. trpok) til amm
      1,143 words
    • Advertisement
      Page 31 Advertisements Column 4
      227 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 FBI IRAQI LINE 1*10" S T »H (WTf Kr* IS( »0« MARITIME HIIJ'O" MV SINDBAD EAST BOUND SERVICE ETA S PORE LOADING FOR 5/9 Japan WEST BOUND SERVICE ETA S PORE LOADING FOR MV ALWASITTI 5/9 jeddah.
      227 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      398 32 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX KS ***** RS ***** i \si i k\ c \k l i\i k. ill). STRAITS/ JAPAN/ STRAITS SERVICE Hong Kong 23/9 Yokohama 4/10 Nagoya 2/10 Osaka 30/9 Senboku Tokyo •Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS,
      398 words
    • Advertisement
      Page 32 Advertisements Column 2
      227 32 l™"P r FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/MEXICO' AND FRENCH WEST INDIES AND FRENCH WEST INDIES L»Hivr» Coowctinf yjT" 15fl STUTTGART EXP For: Halifai. Montreal jutlandi* vjk I'vi \ai lousstLowlr'fll o^. 00 0 Yort iwi is? isxg; I i uJUZP- le or,Mns Ver, Cru2 n
      227 words
    • Advertisement
      Page 32 Advertisements Column 3
      121 32 ULTIMATE FREIGHT SERVICES PTE LTD Tel: *****11 Tlx: ***** Fax: *****92 Weekly LCL acceptance to AUSTRALIA all ports NZ HK BANGKOK EUROPE USA all ports mcldg China incldg Laos all major ports Seattle, Portland, LA, SFO A major ports fcdmonton. CalgaryTVoF Winnipeg, Saskatoon, TRT Montreal, Ottawa TOKO LINE Loading For
      121 words
    • Advertisement
      Page 32 Advertisements Column 4
      686 32 SM TO EUROPE FEEDCR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE 8222C31 CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 2'SUS, *****5 ***** *****1 02-*****22 *****88 MOTHER VSI JUTLANDIA KOARIGAN N.KLFT SINGAPORE I LEHARVE LiiIAIU'JJ 'T!.n <U 10 03 10 X OTHER DESTINATIONS:
      686 words
  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      162 32 I Regional Weather 01 N\*S zt rL I -i st 7+-* W SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Augu«t 30, 1988 V* 1 W.nd direction speed m knots LEGEND R Thunder storm Temperature c y Shower leather w.nd direction with speed m knots Rom Cloudy S* v v
      162 words