The Business Times, 7 May 1987

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 THURSDAY, MAY 7, 1987 75 CENTS
    12 words
  • 190 1 THE S$ closed weaker at SS2.1200/10 ($2.1170/80) against the US$ in thin and cautious trading yeaterday. The local unit also fell against the yen, M$ and HK$, but roee against DM. HK Hang Sang Max 2792.89 79.06 Tokyo NMdtoi Avorogo *****J6 (-90.47) 9, |.L, A M /N
    190 words
  • 512 1  -  Consideration expected to be at least $40 million By AMY CHEOK PARKWAY HOLDINGS LTD, the publicly-listed property and investment group controlled by the Tan family of Malaysia, is finalising a major acquisition the Gleneagles Hospital in Singapore. BT understands that the purchase
    512 words
  • 363 1  -  By AMY BALAM THE LATEST boardroom changee at trading company Intraco Ltd will see the departure of both its chairman and deputy chairman at its next annual general meeting. The impending retirement of Intraco's chairman, Mr Lien Yien Chow,
    363 words
  • 399 1 UPI Reuter THE SECRETARY-GENERAL of the UN Conference on Trade and Development yesterday called on key induetrialised nations to face up to the real challenges of the world economy at their Venice summit in June. "The real challenge goes well beyond the rectification
    UPI; Reuter  -  399 words
  • 122 1 THE SINGAPORE stock market cloeed on a mixed note yesterday as the market tried to digest this week's gains but the undertone remained steady. Trading was more active with turnover increasing to 56.30 million units valued at $86.1 million compared with Tuesday's 51.38 million
    122 words
  • 125 1 FT WRANGLES over narrow national interests between ministers from different EC member-states are seriously delaying progress towards the creation of a genuinely free common European market. That is the main conclusion of a gloomy report yesterday by the European Commission on why the
    FT  -  125 words
  • 468 1  -  By JEFFREY TSANG HEWLETT PACKARD Singapore will spend $50 million on i sophisticated wafer diffusion plant and $40 million on research and development over the next five years. The R&D budget is believed to be the largest allocated by any
    468 words
  • Page 1 Advertisements
    • 120 1 BHEB 9—V J I I 1 1 Nutritional supplements for the whole family gtfv PF DR SIFS. AND SEE WHAT A DIFFERENCE IT MAKES. We make it fast and easy for companies to get low cost financing under the Small Industries Finance Scheme. Come to any of our 6 convenient
      120 words
    • 299 1 Multi-Purpose looks ahead TROUBLED Malaysian conglomerate Mul-ti-Purpose Holdings Bhd has ended fiscal 1986 with a whopping loss of Ms22B million arising from its decision to make a major writedown of its assets. The new team installed late last year hopes to start this year on a clean slate. Turn to
      299 words
    • 100 1 +&~>?{'|%,$>'[-`~'.|`="&(;!:/$+ Melwani, exclusively male.. 2 V t A .jm W* l thorough V h Q o houses. thorougWV flnesl tas£ (udmg cKirK trorn Bu top®, «.ko©s, in -..qWW «a and more'. toWI -SSls. lu S3° a ,„ims me man lea^ e '9°° a haven So to. wsh \n you, step
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  • HOME NEWS
    • 500 2  -  By JEFFREY TSANG A STUDY by the Consumers Association of Singapore has concluded that Singapore's electronic funds transfer systems are secure and legislation is not needed to govern the relationship between banks and their customers. The study has, however, suggested some minor changes
      500 words
    • 435 2  -  By MARTIN SOONG WH BRENNAN, a local subsidiary of Australian conglomerate Elders I XL, sxpsds turnover to incrssse by s fifth to 16 million this ysar by sxpanding into servicing of life-rsfts sod other safety equipment for commercial airiinee. The company, which
      435 words
    • 141 2 THE AMERICAN EXPRESS compenies and Shearaon Lehman Brothers are launching an intarnahlp programme for buainaaa undergraduates next week. Billed as the Academy of Financial Services, the progrsmme will let 20 second-year business administration students from the National University of Singapore
      141 words
    • 304 2 BUSINESS STUDIES students of the Vocational end Industrisl Training Board have no probleme petting Jobe, according to s survey. Conducted last year by the board on Its first batch of busineee studlee students who finished their coureee in 1981. the survey showed that
      304 words
    • 195 2 A VETERAN AUSTRALIAN journalist has come up with a monthly busineee magazine "to bring the Australian and South east Asian busineee community closer". Celled Aaia-Auatralia Raviaw, the msgazina is targeted at senior managers and decision makers in the region, eeys John C Williams, its managing editor,
      195 words
    • 504 2  -  By LILIAN ANG THE RENT-FREE statin enjoyed by tenants at Marina Square's shopping mall has baan extended till next month. In addition to forgoing rent collection for four months from March, landlord Marina Centre Holdings (MCH) has agreed to charge
      504 words
    • 327 3 A TAIWANESE maker of cassette tape deck mechanisms has started manufacturing in Singapore in a bid to get around currency and labour problems back home. Lisonic Electric Co Ltd, said to be the largest manufacturer of cassette mechanisms in Taiwan, has set up its first overseas
      327 words
    • 389 3 f Seminars and nr SSL:S 2T 1013 Courses t Kj sitton Tlx 27* ■j&ax) r AJSAfS DURATION TITLE 1NUC ORGANISER TELEPHONE May 18-19 Advanced Budget E oolovard Hotel Centre for *****22 m Planning and Contro Management Case Study Method Technology May 18-19 Understanding Data K lotel Meridien Monogement
      389 words
    • 366 3  -  By BOEY KIT YIN A LOCAL entrepreneur has called on the government to remove the barriers against small local enterprises taking part in its tenders. Mr Daron Liew, chairman of the Association of Small and Medium-sized Enterprises (ASME), pointed out that
      366 words
    • 60 3 Reuter SINGAPORE'S Second Deputy Prime Minister Ong Teng Cheong arrived in Sydney yesterday on a 12day official visit during which he will meet Prime Minister Bob Hawke. Mr Ong, who is also the secretary general of the National Trades Union Congress, will hold discussions with Australian
      Reuter  -  60 words
    • 340 3 AFTER churning out software to enable computers to assit in designing, manufacturing and engineering, computer software companies are now turning their attention to modernising the banking industry. While the current buzzword among manufacturers is computer-integrated-manufacturing (CIM), bankers may soon be talking about computer-integrated banking, or
      340 words
    • 527 3  -  New site to serve as its headquarters By LIM SOON NEO IN ONE of the largest freehold land deals in recent years, NTUC Fairprice is spending a cool $12.4 million to acquire a property which will serve as its headquarters. The cash-rich retail cooperative
      527 words
    • 441 3  -  By ANNA TEO THE METEORIC rise of the yen has prompted a local plastics company to diversify its operstions and find a niche as a supplier to Japanese electronics companies. Singa Plastics, which makes household plastics wares as well as PVC industrial pipes
      441 words
  • Page 2 Advertisements
    • 147 2 Europe for our First Class passengers Ifcbon •NMrfd •Zvrid* Europe for our Business Class passengers V ftm. v? •Zwick Vienna ■T §f|d fete Ibban Madrid I Europe for our Economy Class passengers -vi' a; v m:'- /X.' •v; I '.v ••v Zoorvb Rom* DnwUorf Cologne/Bonn g riuum Tinfchwi nr^ Fork
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  • Page 3 Advertisements
    • 118 3 One word that means a great deal in anyone's language: Hertz. Travelling overseas? Then book your Hertz car before you go, to get our special Affordable rate. It's so low, that in many cases it's not even available to the people who live there. Yet, you'll still enjoy the service,
      118 words
    • 296 3 Your last opportunity to own a choice residence in Singapore's most exclusive district. tr M A 4 Only the most exquisite quality fiaMm axe used. Sf Jwtfd Italian marble, mosaic parquet and plash wall to wall carpet adorn the floors. r* D-3 The kitchen, large enough for family dining, is
      296 words

  • ASIA-PACIFIC
    • 494 4 Small impact even if all controls are lifted AP REMOVAL OF ALL Japanese barriers against American products in itself would make a relatively small impact on the US trade deficit with Japan, government trade officials told Congress on Tuesday. "Even if the
      AP  -  494 words
    • 359 4 AP PRIME MINISTER Yasuhiro NaKasone said yesterday that talks with US President Ronald Reagan resulted in some progress toward easing bilateral trade friction, but the overall result was "regrettable". Mr Nakasone, who returned on Tuesday from his summit trip to Washington, expressed
      AP  -  359 words
    • 366 4 AP JOHN BOHN, chairman of the US Export-Import Bank, said on Wednesday that a new soft loan for Indonesia, supplemented by grants, was aimed at helping US companies overcome "predatory" practices by such nations as Japan and France. "We found
      AP  -  366 words
    • 257 4 AFP TAIWAN is considering investing in energy projects in Canada to ensure the country's energy supply, Economic Minister Lee TaHai has said. Mr Lee told John Bruk, visiting chairman of the Asian-Pacific Foundation of Canada, that Taiwan's state enterprises
      AFP  -  257 words
    • 100 4 UPI BEIJING warned yesterday of "unpleasant incidents" if India does not withdraw its troops as soon as possible from border areas claimed by China. "Faced with the tense situation emerging on the Sino-lndian boundary, the Chinese side cannot stand by without taking any action,'' Foreign Ministry spokesman
      UPI  -  100 words
    • 215 4 UPI CONFIDENCE in the future of Hongkong has declined as a result of political turmoil in China and a growing number of people are hoping to emigrate before the Chinese takeover in 1997, a public opinion survey saia. The opinion
      UPI  -  215 words
    • 284 4 Reuter NEW ZEALAND'S Labour Party government has told the opposition it will call general elections before September, and mid-August looks the most likely time for it to seek a second three-year term. Political commentators predict a poll on Aug 15, ahead of
      Reuter  -  284 words
    • 264 4 AFP PRESIDENT Corazon Aquino said on Tuesday that her government was taking steps to make the Philippines a better investment location, and listed the investment she hoped to attract. Mrs Aquino told a gathering of businessmen in Manila that a new investment code was
      AFP  -  264 words
    • 342 4 UPI AUSTRALIA is facing growing problems because of offence being taken by major trading partners to satire on Australian television. Prime Minister Bob Hawke said yesterday. However, he said, beyond cautioning the media about the problem, there was nothing that he
      UPI  -  342 words
    • 819 4 ARRIVALS Operator S«rvk» Local From number Mm* SU SQ11 0045 LAX/NTT MAA IC C555 0655 MAS MH681 0«20 KUL MAS MH811 0910 P€N MAS MH671 0920 KUL AC AC588 0925 YYZ/LH»/»OM su SQ103 0950 KUL CPA CX710 1015 CGK MAS MM603 1020 KUL GU GA975 1055 CDG/AUH
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  • Page 4 Advertisements
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  • Page 4 Miscellaneous

  • REST OF THE WORLD
    • 345 5 AP NORWAY'# Prime Minister Gro Harlem Brundtland presented on Tuesday her UN-commissioned report on world environment and development to ministers and ambassadors of the European Economic Community and European Free Trade Association countries. "My impression is very positive," she said after the meeting.
      AP  -  345 words
    • 184 5 AFP WORLD BANK president Barber Conable announced on Tuesday a major programme to protect the environment through its programmes in the developing world and elsewhere. He said the new policies would try to "ensure that environmental awareness is integral to all of the bank's activities."
      AFP  -  184 words
    • 258 5 UPI A TOUGH immigration bill requiring deportation of aliens who fail to qualify for refugee status was introduced in the Canadian parliament on Tuesday, the same day a new immigration law took effect in the United States. The legislation, expected to be passed
      UPI  -  258 words
    • 125 5 Reuter THE authorities of Venice, worried that the canal city would be swsmped by tourists, would be considering proposals to limit the number of visitors each day during peak periods, a senior official said on Tuesday. Last weekend, a holiday peak period, authorities closed
      Reuter  -  125 words
    • 260 5 FT EDWIN MEESE, US AttorneyGeneral, is to face investigation by the Justice Department, which he heads, for possible violations of US conflict-of-interest laws. The investigation will focus on Meese's link with Wed tech, a New York-based defence contractor. Central to the investigation is a
      FT  -  260 words
    • 529 5 Portugal investment expected to rise Country reaping benefits of EC membership Reuter FOREIGN INVESTMENT in Portugal is expected to show a steady rather than spectacular rise in the coming years as investors cash in on the benefits of the country's European Community (EC) membership, analysts said. Portugal's January 1 1966
      Reuter  -  529 words
    • 280 5 UPI BRITAIN'S top 40 manufacturing companies have increased their overseas investment and their foreign-based work forces since Prime Minister Margaret Thatcher took office in 1979, a survey by Labour Research disclosed on Tuesday. The organisation, a trade union-financed body unconnected with the Labour Party,
      UPI  -  280 words
    • 185 5 Reuter LOS ANGELES is living up to its reputation as a glamorous land of the healthy and wealthy, according to a recent study. The 12 million residents of the sprawling Los Angeles metropolitan area drink more wine, buy more boats, and use more
      Reuter  -  185 words
    • 160 5 Reuter SOVIET LEADER Mikhail Gorbachev, in excerpts from a new book, says communism is ready for peaceful competition with capitalism. "We have reached a crossroads. For us to go to war that is out of the question," he wrote. Mr Gorbachev, whose book 'Toward
      Reuter  -  160 words
  • Page 5 Advertisements
    • 100 5 ■Isfitr" X And our red carpet awaits you for just US$9O a night Now that the Shangri-La Beijing is fully open you can enjoy the red carpet treatment of Beijings most luxurious hotel for as little as US$9O a night (and thats before corporate rate discounts). In Beijing where else
      100 words

  • BANKING AND FINANCE
    • 307 6 AFP THE American central bank's decision to push interest rates higher would adversely affect parts of the economy such as housing, but a senior Federal Reserve Board official said on Tuesday he hoped the rise in rates would only be temporary.
      AFP  -  307 words
    • 169 6 Doubled market for bartering dollar debts AFP THE INTERNATIONAL MARKET for bartering debts contracted in dollars virtually doubled in 1986, reaching US$3l3 billion, according to a study published on Monday by the International Swap Dealers Association (ISDA). The association said about 14,000 such barter operations, known as interest rate swaps,
      AFP  -  169 words
    • 208 6 FT BULGARIA is to become the second communist country after Hungary to create competitive, profit-oriented commercial banks which are to provide state companies with the bulk of loans for investments. The first guidelines issued by the Communist Party and government note that the new commercial banks are to
      FT  -  208 words
    • 153 6 AFP BRITAIN'S reserves currency, gold and special drawing rights received their second largest monthly boost ever in April, rising by U552,912 billion to U5529,807 billion, the UK Treasury announced on Tuesday. It was the sixth consecutive monthly rise and the second only to
      AFP  -  153 words
    • 467 6 UPI TAKING AIM at a nagging consumer complaint, the House of Representatives easily passed a bill on Tuesday that would eventually force American banks to clear most local cheques in one day and out-of-town cheques in four days. The legislation, approved
      UPI  -  467 words
    • 160 6 AP CHINA WILL issue bonds worth 17 billion yuan (US$4.6 billion) and open long-term money markets this year, a senior official of the People's Con* struction Bank of China said on Tuesday. The money market will help finance processing industries and various high-priority
      AP  -  160 words
  • MONEY AND EXCHANGES
    • 1192 6 SINGAPORE: The US dollar closed slightly higher after fluctuating in thin and cautious trading yesterday. Dealers said the dollar firmed in the morning on Japanese importer demand and buying by insurance companies, but fell in the early afternoon on news Japan s Prime Minister Yasuhiro Nakasone told a
      1,192 words
    • 189 6 Indicates the average of the prime lending rate* of 12 major banks in Singapore Interbank market rates (offer/bid) on May 6 us* DM SWFC Y«n 7 do n 7-47/1 3/4 5/t 3 7/S 3/4 1 7/i 5/i 4 1/16 3 15/16 1 m* i 7 6 7/i
      189 words
    • 285 6 ASIAN DOLLAR deposit rates closed steady yesterday at slightly lower opening levels, with trading quiet in the afternoon. Short-dates weakened 1/16 point at the outset but were little changed later. Overnight and week-fixed closed at 7-1/16 6-15/16 per cent each and Thursday/Friday at 7 6-7/8. In term
      285 words
    • 115 6 THE OVERNIGHT rate on the Singapore interbank market closed V 4 point lower at 3% per cent yesterday. The one- and two-month rates each shed 1/16 point. The three-month rate was unchanged. S$ Interbank rates at 7pm yesterday: Off* lid o»«f3 1/4 3 1 -monlii 3 3/4 3
      115 words
    • 549 6 JUNE Eurodollar opened 3 ticks higher at 92.45 on carry over buying interest and continued to trade higher to 92.48. The market, however, drifted lower. The June contract eased to 92.44 before closing at 92.47. June US Treasury bond opened sharply higher at 91.20 and traded cautiously amid the
      549 words
  • Page 6 Advertisements
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      48 words
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      139 words

  • WORLD BACKGROUND
    • 776 7 As China gradually opens its doors wider to the outside world, it also seeks solutions to pressing issues at home. These three articles describe efforts towards resolving problems arising from its inadequate trademark system, mismanagement of state enterprises and laxity in enforcing
      AP  -  776 words
    • 604 7 Reuter THE ECONOMIC reforms which in five years transformed China's countryside have met a huge obetacle in the form of giant state firms that are resisting attempts to turn them into profitable and well-run enterprises. In the past two weeks, the official press has
      Reuter  -  604 words
    • 615 7 AP CHINA'S countryside had a bumper crop of babies last year, raising concerns that the government population control programme may be in trouble. The nation's birth rate rose in 1966 to 20.77 per 1,000 people, compared with 17.8 per 1,000 In 1985. The main
      AP  -  615 words
  • Page 7 Advertisements
    • 82 7 □a VWbL'R'li Japanese Restaurant Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16-f- per set, they are
      82 words
    • 3 7 FMrturM, Pagt 8
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    • 139 7 Would you rather be right with TRUVISION f i ■AS. s AO TruVrSKXi Lens B'toca If you have Of left with things close up, ugly lines? bifocals are of some help,but the lines are unattractive and aging. With AO TruVision Progressive Power Lenses, you not only see more clearly, you
      139 words

  • FEATURES
    • 497 8 WHEN PROPERTY DEVELOPERS talk bullishly to journalists about the market, it could be that they have vested interests. This was put forward to one prominent developer during an informal lunch with BT recently. He agreed. He had vested interests. But, he was quick to add, he was
      497 words
    • 1353 8  -  The Japanese have outmanoeuvred other nations in the scramble to cultivate business in the world's most populous country China. In fact, the Japanese have such a substantial lead that it would be difficult for the West Europeans or Americans to make strong inroads, reports NICHOLAS
      NYT  -  1,353 words
  • Page 8 Advertisements
    • 166 8 /j A--1! ft N T* M stt oV <xV e J! 1 J* J ISYO foil ORDER FORM Yes, I would like to subscribe/renew Please send the magazine to the following address: I Address: 1 Company: Designation: Enclosed is cheque/money order no: Charge my American Express/Visa/Master Card account Card No:
      166 words
    • 17 8 PLiWGOLK THE SEVVY \m Tighten-up your game Let Sevvy Ballesteros show you how In BT every Tuesday.
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  • Page 8 Miscellaneous
    • 701 8 CRYPTIC PUZZLE ACROSS 1 Shelter for a runaway? (6) 7 Anciently, Rome rebuilt another time (4, 4) 8 It's bitter, but there's only half a gallon left! (4) 10 Working with one, does a beginner get the push? (6) 11 Mission to a royal part of S Africa (6) 14
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  • SPORTS
    • 455 9 AP WITH top seeded Martina Navratilova still trying to find har game, No. 2 Staffi Qraf looks like the ona to baat in tha US$l5O,OOO Italian Opan woman's tannis tournamant. "If I kaap playing lika I did today thara's no way I'll ba
      AP  -  455 words
    • 427 9 AP FRANCE'S Yannick Noah, bothered more by the unseasonably cold weather than opponent Jaime Yzaga, took the first step towards the defence of his title on Tuesday with a 7-5, 6-2 firstround victory in the rain-plagued Tournament of Champions in New York. The
      AP  -  427 words
    • 227 9 AFP FORMER world featherweight champion Barry McGuigan healed his rift with former manager Barney Eastwood on Tuesday and then set his sights on resuming his professional boxing career at junior lightweight. The two Irishmen buried their differences after six hours of negotiations in Belfast,
      AFP  -  227 words
    • 495 9  -  Jranklif, speaking.... BRIAN MILLER COME SUNDAY, a new chapter will be written into Singapore racing's history books when 18 horses gallop down the long Bukit Timah straight to challenge for the Bowater-Wattie Cup. But while the runners hardly repreeent what one would call a glamorous
      495 words
    • 167 9 Reuter LEADING STALLION Nureyev, sir* of last wHk's English 1,000 Guineas winner Mieeque, underwent surgery on Tuesday in Kentucky after breaking a leg. Nureyev, a son of ths great Northern Dancer, whoee retirement at the age of 26 was announced last month, wss first past the
      Reuter  -  167 words
    • 330 9 UPI MARIO ANDRETTI sat an unofficial track record, and Dennis Fireetone crashed into the outaide wail of the fourth turn on Tueeday during practice for the 71st Indianapolis 500. Andretti, a 21-time Indy 500 entrant and 1960 champion, blazed around the
      UPI  -  330 words
    • 169 9 AP IF LEGAL WRANGLES between Canada'e two largeet breweriee are not reeolved, Montreal could lose its annual Formula One Grsnd Prix race for the next eix years. Jack Long, rights-holder for the race, said: "I own the rights and I would
      AP  -  169 words
    • 254 9 AP A GOAL by Dean Saunders one minute from time clinched s 3-2 victory for Oxford United st Luton on Tuesday and kept his team in the First Division of the English soccer league. Oxford's victory means Manchester City, Leicester and
      AP  -  254 words
    • 61 9 AFP SPANISH golfing superstar Severiano Ballesteros has pulled out of the British Masters, which will be held in Woburn from June 4 to 7. The world number two has decided not to defend the title he won last summer because he wants to rest
      AFP  -  61 words
    • 206 9 AFP BARRY HEARN, manager of nawly-crownad world snookar champion Stava Davis and aix ottiar leading players, plana to take over the tournament The multi-millionaire wants to buy up the television rights, sponsorship and promotion of the world championship in 1900, when the contract
      AFP  -  206 words
  • Page 9 Miscellaneous
    • 1419 9 THURSDAY FEATURE SPECIAL Deal Of The Century 10.30pm, Channel 5 Chevy Chase (left) and Sigourney Weaver star in this near disastrous movie about a first rate hustler who sells second rate weapons to Third World nations. When he comes upon a deal of the century, it nearly blows up in
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  • INTERNATIONAL STOCKS
    • 362 10 Reuter THE US$25O million loss in mortgage-backed securities trading which jolted Merrill Lynch and Co Inc into shaking up its operations shows brokers are as vulnerable as ever to boom and bust market cycles, securities analysts said. "Each time there's a big market
      Reuter  -  362 words
    • 117 10 NYT IN A MOVE to bolster its investment banking operation outside the US. Citicorp has acquired full ownership of its Australian stock brokerage subsidiary. Citicorp, the largest American bank holding company, said it would acquire the 50 per cent of Clarke Vickers that it did
      NYT  -  117 words
    • 395 10 Reuter WALL STREET closed with its fourth biggest single session gain ever on Tuesday as a firm dollar and stronger bond prices convinced investors that the treasury refunding was going well and that interest rates were not likely to move much higher. Technology
      Reuter  -  395 words
    • 121 10 MAY C 6 moo. 23* *1* tot Prov Plpo. 47% uoch AM** 34* hi ML TZ MK AteanAhim 38* KarrAddtoon. 23H Algoma 3d IS uoch loMw Co 16% Bonk Nova SooKa 18* MeMN ML 26* Bonk 01 Montrool 34* Motaon A. 25* Bofl Canada 41* Moor* Corp. »1% Bp
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    • 206 10 t i RAND Tongaat MKUn StMl 1180 212 SO 10 +2 MD Woortru i«m +96 A Alpha. 1625 i harrinm AOerUOm A«oi iEBF** 940 I860 800 10 -28 -20 Anglo*. Angvui 7028 +200 AMlC Birtom COSmNh. CNA. Currt* Ftnanca 8380 2800 3808 480 575 uroh -25 10 unch BufMa
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    • 510 10 MAY M Mean AJumtn Alcoa ANag m AwSaStiww Am Brands inc.. Ami Can Co Am Am Elac Pwr Am C«pr— Am Homa Prod... Am Motors Cp Amu Inc. Amtrada Hm Amoco Corp Amr Corp. Armoo tnc Aaarco inc AB ntcNlatd Alt Avon Products. Bankamartca Co A Howl i
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    • 742 10 Amsterdam MAY oo ABM FL8 488.00 Ahotd 88 JO ***** -0.7 •1J Atao Airanla 127.30 146.80 0J 0.1 AMEV Amro Bank. AM tad 9* f BOL8 81 JO 70J0 127.80 14 JO 148.80 08 •0.1 unch -05 •1 Boraumtj Buahrman Tmv Calva FeMer-ZZZZ OWteat Moooovan® HuryJou. Mwrwao MMM
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  • Page 10 Advertisements
    • 563 10 Wmre id wlaae, «iu«« aai entertain TIOCHEW PORRTDGF BUFFET SS 50 1 A''* < fiK 50 (Per person) You can enjoy savoury'homrfy dishes such as braised pork 9 steamed stuffed bean curd 9 sambal Unreal f fried salted fish 9 sauteed chicken with mushroom 9 sauteed cai b*> omelette 9
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    • 221 10 @.^"&%\,{;`<~>'["-?"++%]%,{`}&| mcifllWUE $6.00 Meringue, fresh cream and strawberry halves. niliUlllra pancakes with strawberry sauce, marinateddw* r/\ strawberries and fresh cream. Layered ice-cream with strawberry and chocolate sauces. 00 T 1 i M:::l Puff crusts layered with strawberry cream and strawberries. qq CAiini IE Fresh strawberries V? 1 iVmrVE served with
      221 words

  • ASIAN STOCKS
    • 421 11 HONGKONG: Strong technical support by local and overseas investors sent share prices to a sharply higher close in heavy trading yesterday. The Hang Seng Index finished 79.06 points higher at 2,792.89 for its biggest one-day gain since March 18 when it rose 94.73. Hong Kong Index rose 50.39 to
      421 words
    • 233 11 MAY M All Sincere Indus NT 406 -0.11 2 •163 1 2 5 Kuochan Dav Laa Chang Yuan Cham Indus 38 70 44 60 1.6 12 Cathay Cons Chang Hwa Bank. 38 70 81 00 56 00 Lian Hwa Indus Nan Ya Plaa Pacific Cons 29 90 55 50
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    • 381 11 TOKYO: Share prices closed lower in subdued trading yesterday on concerns that the current US Treasury auction would siphon funds from the stockmarket. The market average fell 90.47 to 23,918.56 after climbing in early morning trade to 24,161.27. Declines led advances four to three in turnover of 750 million
      381 words
    • 98 11 MAY OS WON ***** 310 Kia Motor 1700 50 Kolon Ind 3960 130 1035 -10 2220 60 Lucky LM 1420 15 Daishin Securities Dong Ah Phar 3800 ***** 10 600 Oriental Brewery ***** 100 Dong Suh Stock Dongbu Steel isaoo 2296 90 66 Pacific Chemical Samhwan .***** 1660 *****
      98 words
    • 416 11 SYDNEY: Continued demand for resource stocks pushed the Australian share market higher yesterday for the fourth consecutive session. At the close of trading the Oil and Gas Index had risen 10.6 to 975.5 and the All Resources 10.1 to 1,248.4, pushing the All Ordinaries up 5.4 to 1,796.0. The
      416 words
    • 171 11 Reuter BANGKOK: The Stock Exchange of Thailand Index rose 1.84 to 256.27 on a turnover of 2,330,307 shares worth 528.3 million baht. Reuter Manila market was closed MAY 06 Ao Kham Thai BAHT 196 2 Poat Publishing Saha Union 203 254 991 unch 2 ♦6 Ayudhya Invaatman Bangkok Aground
      Reuter  -  171 words
    • 134 11 UPI DAIHATSU Motor Co s talks with a Canadian partner for a joint car venture have hit a snag over differences on volume and types of vehicles to be produced in Canada. Daihatsu, a leading Japanese minicar manufacturer, said negotiations have been under way with Bombardier
      UPI  -  134 words
    • 489 11 Innovation pays off Bernama IN THE BUSINESS of consumer electrical and electronic products, Philips is unmistakably a household name in Malaysia, and has been so for as long as one cares to remember. While other European manufacturers of such products fall
      Bernama  -  489 words
    • 271 11 AP NISSAN MOTOR'S Tennessee plant aims to use more American parts than the big three US car makers two years from now, says the president of Nissan's US manufacturing subsidiary. Mr Marvin Runyon, who has headed Nissan Motor Manufacturing Corp USA since
      AP  -  271 words
    • 121 11 AP A FOREIGN consortium made up of mostly mining firms is considering a bid to purchase 40 per cent of Philippine Airlines. The Manila Times reported that the national flag carrier is among 113 state-run firms offered for sale by the government of
      AP  -  121 words
  • Page 11 Advertisements
    • 509 11 s©?T3 /< Mm and I j I Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are availaPle for private parties. Located on the 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm Ample free parking A<§> Century
      509 words
    • 209 11 ENTERTAINMENT HIGHLIGHTS t m 4 •N! 3 HAPPY HOURS 12 noon Bpm 4(l'/ DISCOUNT on bottle rates and premium 4U brands Plus l Buy one and get one tree (CAIHNHILL HOTEL) 19 Cairnhill Circle. S'pore 0922 Tel: *****22 Fri, Sat eve of public holiday: 6pm 2am Mon to Thur Sun:
      209 words

  • COMMODITIES
    • 381 12 FT THE COMMODITY Exchange in New York, the world's busiest precious metals futures exchange, is struggling to cope with a backlog of contract settlements in the wake of the recent surge in gold and silver trading. Comex closed early both on Monday
      FT  -  381 words
    • 325 12 London Commodity Exchange 6uyer/Se*er doting pried on May 5 l£/lonw unta Previous doling pdn Mtpodftod) In pomnhetis Coffee BotH hvsfof# London, Mfcn option OF London May 1312/1315 (1300/1304) High/Low 1322/1302 My 1345/1348 High/Low (1326/1329) 1350/1330 r i jOWl (3598) Cocoa May 1252/1255 (1255/1256) Hty/Low 1260/1248 July 1286/1287 High/Low
      325 words
    • 85 12 WHEAT FUTURES on the Chicago Board of Trade closed mostly lower on Tuesday, in a range from three US cents a bushel higher to 4-1/4 lower, with spot May up three at U552.95. Weaker gold and silver values depressed the market, which lacked fundamentals to drive prices. Refco, Geldermann
      85 words
    • 88 12 SOYBEAN FUTURES in Chicago closed from six to 10 cents a bushel lower on Tuesday, with spot May off six at U555.36-1/2. Rains in the midwest that might encourage growth of the crop discouraged buying. Orexel and Cargill bought November late and a professional bought July while Produce sold
      88 words
    • 109 12 THE PRICE OF TIN on the Kuala Lumpur tin market (KLTM) closed unchanged yesterday at Tuesday's M 516.65 per kilo in continued quiet trading, dealers said. In the absence of fresh leads, sellers and buyers were evenly matched at the opening level of M 516.65. Total volume was
      109 words
    • 474 12 Crude palm oil futures retreated in reduced activity on the Kuala Lumpur Commodity yesterday after rising in the past two days. Dealers said prices eased in line with lower overseas advices and also due to an absence of fresh leads. Many operators were waiting for India's weekly tender
      474 words
    • 129 12 SINGAPORE The market closed lower yesterday with June 1 RSS buyers quoted at 199.50 cents/kilo, down 0.50 cent from Tuesday. June and July TSR-20 both closed one cent lower at 170.00 and 170.50 cents/kilo. MALAYSIA The market closed easier at 232.00 cents per kilo for June Int ones RSS
      129 words
    • 316 12 RAS priCOS In S FOB In batoi B NOON CLOSE Buyors SfHocs 8wy*n Int 1 RSS Prompt 205.50 206JON 204.00 205.00N Int 1 RSS Jun* 87 201 JO 202.00 199 JO 200.00 Int 1 RSS July 198.75 199.25 197.00 197 JO Int 2 RSS OP 189.50 191
      316 words
    • 78 12 I pollen) JUNE 87 JULY 87 (currant month) (forward month) NOON NOON RAS S»N«n luyn S*H*n SS* 20 177.00 179.00N 177.00 179.00N S» 50 176.00 177.00N 176.00 177.00N MRELB fcjy»r> HiHin lwy«n S*U*n SMI cv 243.00 245.00N 244.00 246.00N SMI L 241.50 243.50N 242.50 244.5ON SMR 5
      78 words
    • 275 12 HONGKONG: Gold closed lower on prof-it-taking in sympathy with the weakness in silver. The metal ended at U*****.10/60 against the U*****.40/U*****.00 close in New York and the U*****.10/60 finish here on Tuesday. On the local market, it lost HK$7O to end at HK54,231 a tael. Dealers said sentiment
      275 words
    • 103 12 IT WAS a mixed trading day in the Far East petroleum products market with kerosene firming on good Japanese demand and fuel oil weakening in an oversupply situation. Naphtha talked firmer while LSWR remained static. Qaaoil was stable with a stand-oft between buyers and sellers after recent
      103 words
    • 294 12 Chinese Produce Exchange Sellers' noon dosing pricos on May 6 (SS/100 kg) Coconut oil Bulk FOB 88.00 Old drum FOB 98.00 Now drum FOB 102.00 Copra Mixed (loot*) Pepper Muntok whit* FOB NIW 1170.00 Sarawak whM* FOB foq NIW 1155.00 Sarawak special block FOB NLW 935.00 Sarawak Asta
      294 words
  • Page 12 Advertisements
    • 225 12 MiiigQxut Hotel Limited (Incorporated in the Republic of Singapore! NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Nineteenth Annual General Meeting ot the Company will be held at Ming Crystal Room, Ming Court Hotel, 1, Tanglin Road, Singapore 1024 on Saturday, 23rd May. 1987 at 12.00 noon
      225 words
    • 289 12 Ivfc >: i f'r.Vw, < fi' THE COMPANIES ACT, CAP. 1M AND IN THE MATTER OP HARTFORD PTE LTD |ICI T i:j 'A K VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 185. that the Final Meeting of the members of
      289 words
    • 349 12 la The Matter of The Cwpiin Act Gap 5* Aml la The Matter of AFAJtCO TRADING (S) PTE LTD (la Creditors' Vola tary Uqeidatioe) At General Meetings of the company and the creditors of the company held at 1 Raffles Place; #4000 OUB Centre, Singapore 0104 on 28th April 1987,
      349 words
    • 478 12 NOTICES IN THE MATTER OP THE COMPANIES ACT, CHAPTER ItS AND HAND A ACTUARIAL SERVICES PTE LTD (In Mcobm' Voluntary liquidation) At an Extraordinary General Meeting of Handa Actuarial Services Pte Ltd. duly oonvened and held at No. 1 North Bridge Road, #10-06/07 High Street Centre, Singapore 0617 on Friday.
      478 words
    • 463 12 NOTICE IS HEREBY GIVEN that I Chan Hing Wah of No. 2 Kitchener Rd #04-63, Singapore (0621), have applied for J i spect of premises at M/s. Cafe De Kent at 100 Jin Sultan Rd Sultan Plaza #04-18, Singapore (0718), and that this application will be heard in Court No
      463 words

  • SHARE INFORMATION
    • 4286 13 SHARE prices fluctuated within narrow margins yesterday before closing on a largely mixed note although the undertone continued to be steady. Malaysian "penny" stocks and selected local situational stocks such as United Overseas Bank headed the actives list as losers outstripped gainers 93 to
      4,286 words
    • 242 13 SINGAPORE Rises Ma* 6 D S 1290 H laong Fbi 352 SI A 1270 S P H 785 C Proportion 426 Kappa* Corpn 332 0 1 C kt* SOt 161 U 1 C 406 TOM 125 Gantings 685 Nat Iran 585 Falls NST 665 Rmo M Koi
      242 words
    • 4214 13 BID and otter prices officially listed am) business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified All Time Settlement Contracts are quoted after the word "SETT".
      4,214 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 449 14  -  By ELAINE KOH NEW STRAITS Times Press (Malaysia) Bhd has reached an agreement with two parties to reduce its proposed purchase of shares in Sistem Televisyen Malaysia Bhd (STMB), operators of the only private television station in Malaysia, TV3. This follows a
      449 words
    • 239 14 Reuter DIVERSIFIED New Zealand engineering and construction group McConnell Dowel I Corp Ltd is planning to merge with its Australian subsidiaries McConnell Dowell Group Ltd and Inter-Pacific Equity Ltd. Chairman Malcolm McConnell said in a statement the NZ5178.7 million plan involves Inter-Pacific
      Reuter  -  239 words
    • 333 14 PROMET PETROLEUM Ltd said a recently announced corporate reorganisation will provide enough funds for the firm to finance its two oil production projects, generating a positive cash flow in the next 12 to 18 months. The company's new directors, who spoke to the Hongkong press
      333 words
    • 123 14 Bernama Es THE EMPORIUM and Supermarket Holdings Bhd (ESHB), which is now under provisional liquidation, can still be profitable with the support of the creditors. Mr Chow Yuen Seng, chairman of the ESHB creditors committee said yesterday. He said that most creditors support the
      Bernama Es  -  123 words
    • 2632 14 BID and offer prices rrffiHoiiy listed sad hiiiwa in and reported to tbe Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS AJbwmoto (3208) xd Alcom 186$) (13 86 (I) 84
      2,632 words
    • 299 14 FAR EAST LEVINGSTON SHIPBUILDING Limited: 21st AGM at No 31 Shipyard Road, Jurong Town, Singapore 2262, today at 10am. KEPPR CORPORATION Umh•ds 19th AGM at Keppel Corporation Limited Administrative Building, 325 Telok Blangah Road, Singapore 0409, today at 2.30pm. BOUSTEADCO SINGAPORE Limited: 12th AGM at #1600, Tung Centre.
      299 words
    • 111 14 HONGKONG Hongkong Index Wednesdoy *****1 Tuesdoy *****2 W*k ogo 1665.80 Hong Song Index Wednesdoy 2792 89 Tuesdoy 2713 83 Week ogo 2509 54 All Industrials Wednesday ***** Tuesday 2S15.3 Week ogo ***** NEW YORK Dow Jones Tuesday 2338.07 Monday 2286 22 Week ago 2231 96 TOKYO Nikkei Average
      111 words
    • 232 14 Manogen' prices for May 7 Singapore Unit Trust Th» Co»<mcl i .0» 116 Th* Sov>«e> Fund 092 Off S'por* Prog Fund 0.43 0 47 S'por* Stc Fund 0.74 0.7V S'por* Invait Fund 0.79 OAS S'por* Equity Fund 052 056 Asia Unit Trust Mot ln<*« Fund 1 45 IS*
      232 words
    • 483 14 THE RUN-UP yesterday was short-lived as share prices fell back under light selling to close mixed to easier on the Kuala Lumpur stock market. At the close, price changes either way were mostly marginal. It appeared initially that the market was
      483 words
    • 626 15 Miaa By HOCK LOCK SIEW THERE HAS been very little cheer in the lives of Multi-Pur-pose Holdings' shareholders over the past year or so. But at least they can console themselves with the fact that the new team headed by
      By HOCK LOCK SIEW  -  626 words
    • 217 15 Bernama Es MALAYSIA British Assurance (MBA) Bhd has bought the entire businsss portfolio of ths CIU group of companiss amounting to Mslo million prsmium a yssr. In its announcement yesterday. MBA said it is confidant that its sarnings capacity will be considerably snhsncsd by ths acquisition
      Bernama Es  -  217 words
    • 128 15 SOUTH EAST ASIA Development Corporation Lid: Group profit after tax of M$6.83 million ($2.22 million) on operating revenue of $43.71 million ($38.5 million) for the year ended Jan 31, 1987. Earninga per •hare of 13.7 centa (4.5 centa). A final dividend of 13 per cent leaa tax amounting
      128 words
    • 892 15 SHARES were firm in quiet early trading yeeterday in the wake of a sharply higher cloee on the US market But dealers said the prospect of s cut possibly later yesterday, in 9.5 per cent UK base rates was the main factor underpinning prices. The key three months
      892 words
    • 281 15  -  By ELAINE KOH VAN DER HORST Ltd. the offshore oil industry servicing group whoee shares are expected to be re-listed on the Stock Exchange of Singapore by the week's end, said that the method. timing and amount of its proposed
      281 words
    • 362 15  -  From FLORENCE CHONG NEW SOUTH WALES opposition leader Nick Qreiner yesterday claimed in parliament that Genting Australia was being inveetigated for fraud and misappropriation in Perth. Speaking under parliamentary privilege, Mr Qreiner said that the Western Australian Corporate Affairs Commission and the National Companies and
      362 words
    • 596 15  -  By NAJEEB JARHOM AILING CONGLOMERATE MultiPurpose Holdings Bhd (MPHB) hM Mt i record of sorts for listed companies by showing the worst-ever loeses for two years in a row. Last year's group bottom-line losses amounted to a staggering M 5228.38
      596 words
  • Page 14 Advertisements
    • 1180 14 1 THE NEW STRAITS TIMES PRESS (MALAYSIA) (Incorporated in Malaysia) iTTTh* iTf-TiT; i u m ;Vm H iAi; 7:T TaT Notice is hereby given that an Extraordinary General Meeting of the members of the company will be held in the theatrette of the company, Balai Berita, 31 Jalan Riong, *****
      1,180 words
    • 77 14 GOLDEN OPPORTUNITY required by European distribution chain promoting uPVC windows and doors In this Multi-Bfllion-Dollar industry. Distributors already appointed in Canada, England. India. Ireland. Italy. Spain and Switzerland. interviews will be conducted locally, interested parties or companies should contact Fersina international immediately or Contact G.Sykes at Ming Court Hotel, Singapore
      77 words

  • Page 15 Advertisements
    • 143 15 (IncorpcrwHd ntm RapuUk ot Smgtpon/ Rights Issue of 8,000,008 New Shares of Ssl.oo each at 556.00 per share On behalf of the Company, we wish to inform Shareholders that the Provisional Allotment Letters and Excess Shares Application Forms together with copies of the Abridged Prospectus relating to the abovementioned rights
      143 words
    • 363 15 Nat N» .V m?OM V *w town Record profits from the international Action Bank "Record profits in 1986 have again shown that the Nat West Group is one of the most successful banks in the World? Lord Boardman, Chairman National Westminster Bank PLC Nat West is now represented in 37
      363 words

  • 308 16 Reuter, AFP CHINA yesterday attacked Tokyo's trad* policies and what it described as a revival of militarism in Japan. A Chinese Foreign Ministry spokesman said that Japan had repeatedly damaged Sino-Japa-nese relations and warned that China might be forced to take retaliatory
    Reuter,; AFP  -  308 words
  • 686 16  -  Dresdner, Apple Computers and others B: AMY BALAN SOME of the world's most well-known companies Apple Computers Inc, Jaguar PLC, Dresdner Bank AG and Ericsson (LM) Telephone will be quoted on the Stock Exchange of Singapore when the proposed link-up between Nasdaq
    686 words
  • 495 16 Reuter THAILAND'S taciturn Prime Minister Prem Tinsulanonda is under pressure to break his characteristic silence and take a stand on political turbulence inside and outside Parliament. Mr Prem has kept quiet throughout weeks of haggling among soldiers, officials, politicians and citizens'
    Reuter  -  495 words
  • 166 16 Reuter US PURCHASING managers expect stronger domestic economic growth in 1967 by a margin of more than eight to one. a substantial increase from December 1966, when only three to one saw a pick-up in growth this year, according to the National Association of
    Reuter  -  166 words
  • 409 16 Bernama ES MALAYSIA, which ranks among the top 15 beneficiaries of the US Generalised System of Preferences. exported about US$lBB million of duty-free goods under the scheme to the US last year. J Huenemann, deputy director of the US GSP programme, said
    Bernama ES  -  409 words
  • 348 16 Bernama THE HEADQUARTERS of the United Malays National Organisation has discovered the existence of a small group of the rich and affluent outside Umno actively oppoeed to the leadership of Datuk Seri Dr Mahathir Mohamad, Umno secretary-general Datuk Seri Sanusi Junid said
    Bernama  -  348 words
  • 49 16 QEORQE DANIELS displaying his 'Space Travellers Watch' wllh every component down to the «crews made personally by Mm. Worth about U*****,000, the watch shows botfi sidereal and solar time. Daniels makee only one welch a year, taking over 2,000 hours lor each.
    49 words
  • 90 16 Reuter PALESTINE LIBERATION Organisation (PLO) chairman Yasser Arafat yesterday called for a democratic bi-national state to be set up for Jews, Christians and Muslims. He said in Bahrain that he was ready to discuss the issue with Israeli minister Ezer Weizman, who has agreed to meet
    Reuter  -  90 words
  • 61 16 Reuter INVESTORS became cautious after Tuesday's fourth-biggest single session gain. Traders said optimism began to erode concerning the Treasury refunding snd subsequent firming of the dollar and bond markets, after Tuesday's weaker-than-expected three-year note sale. The Dow Jones Industrial Average gained two points to 2240. Advances and
    Reuter  -  61 words
  • LATE FILE
    • 50 16 Reuter KUWAITI Oil Minister Sheikh Ali al-Khalifa al-Sabah yesterdsy ssid he expected Opec ministers to discuss the possibility of rsising oil prices st their meeting in Vienns on June 25. He expects world prices to stabilise at US$lB to US$2O in coming months. Reuter
      Reuter  -  50 words
    • 38 16 Reuter TAIWAN'a trade surplus, a major source of friction with the US, soared in the first four months of this year by about 36 per cent to U555.77 billfon, official figurea released yesterday showed.
      Reuter  -  38 words
    • 49 16 White House knew about arms deal' UPI A RETIRED US major general, Richard Secord, told Congress yesterday that he helped engineer secret arms ssles to Iran and diverted US$3.5 million to the Contra rebels, and made K deer he believed he was working with the Reagan administration's approval. UP!
      UPI  -  49 words
    • 48 16 Reuter A TRIBUNAL in The Hague yesterday said it had told the US to return US$45l million in frozen assets to Iran. The tribunal said the award, the biggest yet had nothing to do with US hostages being held in Lebanon. Reuter
      Reuter  -  48 words
    • 59 16 AFP THE CHINESE nuclear industry has shifted its focus from military to civilian use aa part of the country's economic modernisation plan, the New China News Agency said yesterday. Now 70 per cent of the industry's researchers are engaged in developing technology for civilian use," Nuclear
      AFP  -  59 words
    • 37 16 AFP MUSLIM rebels ars holding at least fivs Red Cross workers, including two Swiss nationals, kidnapped during a relief misaion in the southern Philippines, Red Croes decisis said in Manila yesterday. AFP
      AFP  -  37 words
    • 43 16 AP THE DEATH toll from a landslide in west Sumatra reached 55 yeeterday aa rescue workers using axes, shovels and bulldozers searched around the clock for more than 40 other people believed to be still buried. AP
      AP  -  43 words
    • 46 16 Reuter BANK of JAPAN governor Satoshi Sumita yesterday said Washington and Tokyo were determined to resist a further fall of the dollar against the yen, a slide that has hurt Japan's exports and sharpened inflationary pressure in the US. Reuter
      Reuter  -  46 words
    • 28 16 Reuter Former Central Intelligence Agency director William Casey. 74, died yesterday of pneumonia in Glen Cove Community Hospital, a hospital spokeswoman said.
      Reuter  -  28 words
  • Page 16 Advertisements
    • 240 16 Japan tcalas tha Qraat Wall, Paga SENDUR ON INDIA'S STRATEGIC U OPERATING ISSUES krdta represents a large and growing market for most products and services, which no company can afford to ignore. However, trxfia atso has one of the most complex operating environments in the world. To operate successfuly in
      240 words
    • 57 16 I'V, '*>. ■V > I 1 -v II m .Mai J-? $1 <m > k A )w 4k .< We are a results-oriented, friendly team. We succeed by knowing the market in depth Zj and by providing a service which •i..lr t i »V nm'tT JE-* w A J. h
      57 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 209 17  -  By KINGSLEY WOOD SYDNEY-BASED engineers Mac Donald Wagner Pty Ltd has won s heavily contested consulting contract to rsdevelop a AS3OO million grain port facility in Argentina. The project, which is funded by. World Bank, calls for the redesign and construction planning
      209 words
    • 362 17  -  By SHAHRIR ARIFF PIRATES in speed boats attacked and robbed two Yugoslav ships off Singspore in ths past wssk, according to Tanjug, ths Yugoslsv news sgency. Seven pirates armed with knives and machetes stormed cargo vessel Krk on May 1 and stole
      362 words
    • 341 17 Seetrade Week UNITED STATES Lines has petitioned the Bankruptcy Court in US for permiaaion to cancel specific clauses of its labour contracts in order to speed up the sals of its USL maintains that a quick sale of its services to
      Seetrade Week  -  341 words
    • 305 17 Reuter THE ALL JAPAN Seamen's Union hat urged the government to investigate an attack on a Japanese flag supertanker in the northern Gulf. The 258,079-dwt Shuho Msru was hit by rocket bombs and shells on Tuesday in two separate attacks some 48 km
      Reuter  -  305 words
    • 680 18 Reuter LIMOUSINES, helicopters and chartered buses equipped with bars are some of the ways to get to Manhattan but the latest in transportation chic is the old-fashioned ferry boat. "I used to drive every day and it took an hour and fifteen minutes.
      Reuter  -  680 words
    • 375 18 Reuter THE UNITED STATES and Kuwait are close to agreement on flying American flags from some Kuwaiti oil tankers to give them US Navy protection against Iran in the Mid-East Gulf. US administration officials, who asked not to be identified,
      Reuter  -  375 words
    • 409 18 Herald of Free Enterprise disaster AP THE FIRST OFFICER of the British ferry that capsized off the Belgian coast, killing almost 200 people, said he failed to ensure that the bow doors were closed as the ship left harbour. Leslie Sabel
      AP  -  409 words
    • 104 18 THE BIGGEST cargo shipped from Australian port has left Cape Lambert aboard the Liberian bulk carrier Hitachi Venture. The ship loaded over 240,000 tonnes of Robe River iron ore bound for the British Steel terminal at Hunterson in Scotland. The
      104 words
    • 711 18 AB Shpg V 5 ABC Container VN1 1 Accord Shpg VI 3 Africa Ocoon 1 1 Alltrons VH 3 Anro Sorvico IV 2/3 ANl 1 1/2 A PC I in* V 4 API M 2/3 ASCI M 1 Bott-Conodo lino VI 4/5 Bolt-Oriont line VII 4/5 Bonk
      711 words
    • 206 18 Reuter OMAN has signed an agreement with a foreign consortium to explore for oil near the Strait of Hormuz entrance to the Gulf, Muscat government sources said. The 2,000 sq-km concession, for which the accord was signed on
      Reuter  -  206 words
    • 1038 18 TRANS-ATLANTIC round voyages from European delivery points were popular on the London shipping freights charter market on Tuesday and last week's firmer positions were maintained. There was scant fixing, however, in the aftermath of Britain's three-day holiday weekend. German interests took the 63,000 dwt Tenoch at U556,550 per
      1,038 words
    • 173 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho-Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta
      173 words
    • 170 19 AMERICAN PRESIDENT Companies has increased the frequency and container capacity of its doublestack linertrain service between Los Angeles and cities in southern US, for the third time in two years. APC now offers three stack train departures a week, both westbound and eastbound,
      170 words
    • 300 19 Reuter THE AUSTRALIAN Wool Corp may give non-conference shipping lines the right to carry around 20 per cent of Australian wool exports to Europe, AWC chairman David Asimus said. The AWC would negotiate a new pact allocating
      Reuter  -  300 words
    • 125 19 PRE-TAX profit of Ellerman Lines rose 6 per cent last year to £3.5 million. Chairman Anthony Cooke said the encouraging result was made because of Ellerman's involvement in a wide diversity of trades and close control of costs. Turnover last year fell to £64.2 million
      125 words
    • 991 19 AFP NEWS that the Soviet Union has agreed to purchase four million tonnes of US wheat under the Export Enhancement Programme for shipment by September 30 this year restored optimism to the freight market during the week. Shipowners hoped that this fresh demand would help to buoy the
      AFP  -  991 words
    • 127 19 Opecna THE SCOTTISH-BASED Lyle Shipping Group is to pull out of the North Sea oil market with the sale of its 46 per cent stake iff Lyle Offshore to a city consortium, according to a newspaper report in London. The London report
      Opecna  -  127 words
    • 9240 24 asiaßoatLß A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      9,240 words
    • 1322 26 AT CONVENTIONAL WHARVES Now Jodo SNo*o Mora TKong U» 01 19/4 07 05,1200 0906/12® a 07 OS/XOO ®0SAP® Arrival 14 07 06/1300 1006AM® Vlllll Bertl Departure T "or Jovo JB 07 06/1000 07 OS/IS® KEPPEL WHARVES MARINA WHARVES Bonosftor No MJA otoogudo aosot® Doqtngition K33 atoaguda ******00
      1,322 words
    • 139 26 Ares/Port f Viscosity CST at 50C Density Q/ML at 15C Water Volume 0/0 Africa/Red Sea Jeddah Durban Arabian Gulf 151/195 147/193 0.949/0.973 0.983/0.993 0.1/2.4 0.1/0J Ras Tanura Bahrain Europe 139/161 178/182 0.946/0.950 0.968/0.981 0.0/0.1 0.1/0.2 1, Rotterdam Hamburg Le Havre Genoa Far East 33/454 30/445 27/388
      139 words
  • Page 17 Advertisements
    • 724 17 Mammoth Hunters Jtan M. Aiml CORONET BOOKS n 1 ml M OOCL OiqwiOwniHS Uuw LINE WW/ JARBINE MNPPMC AGENCIES (Mf. I 200 CantaMHMt M #12-06 Srhbmm, TH 22U011 TELEX NO RS HI 71 TOMINAI/CFS U *****11 220 ROOKINtt Td *****34 235 POAKA JAROME SNfftNC AGENCIES MM. WO. POTT KELAM TEL
      724 words
    • 88 17 US, Kuwait working on final (totalis to prolsct oil tank or*, Pago II LIMOUSINES, helicopters and chartered buses equipped with bars are some of the ways to get to Manhattan but the latest in transportation chic is the old-fashioned ferry boat. Page ll THE AUSTRALIAN Wool Corp may give non-con-ference
      88 words
    • 761 17 li M, CO« •Blitut* no** HMMHCZM WSWsK SHE HAD I POWER. SHE I NEEDED LOVE. SHE WANTED REVENGE. Emma Harte is A WOMAN OP SUBSTANCE 'But what is the price she has paid? f Available at aU good bookahopa MAERSK LINE SINGAPORE/U.SJL now calling direct at OAKLAND Tha Mt Comeka
      761 words

  • Page 18 Advertisements
    • 360 18 vrAMmmwiL EUROPE/FAR EAST CONVENTIONAL SERVICE MALAYSIA SON. TEL: 03-*****50 ■NO. TLX: ***** MTM Frt. Booking contact Min Gan VBL PT. of LOG. DATES PT. KLANG AGLAIA 7 Sailed SCAN VENTURE IJwuHii I MM 23/5 SOCRATES UM-Mlii| 13-Z2/4 1/1 TBN Antwerp 22-25* 25/7 TSN ill Ml! 22-2*7 2* L Further load/
      360 words
    • 18 18 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National vs Shipping Association.
      18 words
    • 203 18 OUTBOUND TO NORTH AMERICA vor i i SENATOR LINIC r m ASIAN SENATOR |tf 7® AMCTtCAN SOATOO Iff M mum ACCEPTING CARGO TO LOS ANGELES, SAVANNAH, ON REQUESTS. r t I'ji'.T j»,i i.jf tiii i i jan ijb t i tuDJD ma a VLB JO 17JVJ7 vaa naa MAM, BALTIMORE
      203 words

  • Page 19 Advertisements
    • 667 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd z cr MP IWUK EXP KIT MO MRU lams BAY SERVICE FROM UK/CONTINENT: C»*li<n Imi, Kate Ihmi T«*y» C*Hto| IW Ui A Toky* Camm Kato 4 T#y« t guf sow* te« YM» toto I PJtot P«|» rpan Id* Dm M M
      667 words
    • 760 19 CHA RGEURS REUNIS f* M (MED CLUB MEMBER) VAtMA ITT .1 WL Vi rrr JILLLL tt TOim HOIK O DOUALA LOADING DIRECT FOR; MNMK P.GOmw LIBREVILLE COTONOU LOME 9 Mm K Mm 7 M IM ME PITERRA NIE AN SHIPPING COMPANY S.A. SWITZERLAND TW *Sl 17/5 MEE HAT 17/1 TM
      760 words

  • Page 20 Advertisements
    • 300 20 5C CONTAINERSHIP SERVICE TO UK/CONTINENT Hapag-Uoyd CONV SEMI CONTAINER SERVICE TO EUROPE CONV'SEMI CONTAINER SERVICE TO MED EUROPE SP PK PEN TRIES LEX BILBAO HBC B'HAVEN AMS JYTTE SKOU 21* I** 2** 4/7 I*7 W CQNTAINERSHIP SERVICE FROM UK CONTINENT MMEMMSingapore *****66 K. Lumpur *****25 Booking 447U78 P. Kelang *****18
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    • 586 20 kpi: JliH» K.S.line IMIA smrfHK c r/#» FULLY CONTAINERISED SE RVI C E [lO EIIROPf VIA SUEZ 1 Membff ot thf Acf Consortium TRANSWORLD BRIDGE 37* 13ft SEVEN SEAS BRIDGE MW 20ft ACE CONCORD 9W 27ft TDC 1W 3/6 •PKELAN6 CTRS VIA FEEDER VESSEL r FROM I'JROPE VIA SUEZ Mrmhrr
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    • 387 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: SINGAPORE CALICO SHIPPING PTE LTD T«t: 22SM Tli: RS SSUI CALICO FAX: ZMH7I POUT KELANG PERKAPALAN UTAMA SON BHD t* aum* KOTA KINABALU KESAWAN SHIPPING SOD BHD Tal: TUSa (1 Neat) Fix BMB K&S LINE JAPAN/HONG KONG/STRAITS SbHWIUk SANKYO LINE
      387 words
    • 1091 20 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP MKC KSC KLC PUS OSK TYO KSN CMS NYC BAL HK FLX MB ANW LHV SCf ever crand m a* un ua m un an m w Si m EVER OBTAIN/EVER GENTRY 11/5 17/5 I*s Z mMOM---EVER GOLDEN/EVER GENTRY I*sll/5*21/5 li* 11* ffl» »«***Na*M/?12f7ll/7i*7
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  • Page 21 Advertisements
    • 681 21 PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VIMEL QOWA KOTA SJNOA MAJAPAHIT JKT MY SIN SLO SID MPT 14/5 17/5 27/5 »/5 2/5 N (HOKKAIDO) *HTC HITACHI INDONESIA CONTAINER SERVICE VESSEL SEA HAWK SCA HAWK SEA HAWK BANGKOK CONTAINER
      681 words
    • 719 21 BENLINE CONTAINERS express container service to uk/continent HAVEN ROAM HAVRE EXPRESS CONTAINER SERVICE FROM UK/CONTINENT w an iw Z 12/5 11/5 Wl HI IK <* M EG^KAC ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS (KjJEBSEN LINE NEW ZEALAND M ZEAUNI. PAHA MEW lIIKEA FUI AMI StVTN
      719 words
    • 652 21 D J AS AGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESUII LLOYD P.T. SAMSDEIA INDONESIA P.T. TRIKORA LLOYD 11-: SINGAPORE TO EUROPE VESSEL/VOY CANDA GAMA/19WB VESSEL/VOY MATARAM/11/WB PALEMBANG/SWB EMMA F/ICM-WB KUTAI/LWB ANTWERP S PORE GENOA/TRIESTE ADAM/R'DAM H'BURG 24-77/5 29/5 1/7 11/7 ANTWERP BILBAO BREMEN A DAM/R OAM
      652 words
    • 427 21 BOUSTEAD SHIPPING AGENCIES HTONEYWA V224W PAGAN VII 3 •PAGO Loading for Europe S3 BURMA FIVE STAR (Burmese National Line) Loading for Rangoon pore P.Kelang Penang Bangkok BANK LINE NORAYBANK V3N TAGAMA VIN (BANKLINE CHARTER) CLYDEBANK V2ON FORTHBANK VI9N SPORE ROAM HULL 14/5 m 19/6 29/5 22/6 30/6 30/6 7/7 3/7
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  • Page 22 Advertisements
    • 912 22 [i K LINE KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE FEEDER VSL MOTHER VSL F M BRIDGE V 32 TBN SPORE PKLC PNC SPORE KOBE GUAYAQUIL CALLAO ARICA IQUIQUE AFAGASTA S ANTONIO VALPARAISO t Hay 7 Hay I Hay 10 Hay 29 Hay 7 Jun IS Jim u Jun carnuL america/caribsean sea
      912 words
    • 386 22 Accepting LCL and South Africa contatniriMd cirgoM Direct to OSAKA MARU 2933F MAYAKANA MARU 3182F S.A. VAAL 2730 C NEDLLOYD COLOMBO 2S2K Sport Durban P.EIli 13/5 25/5 27/5 2S/5 7/1 4/1 P.EI« C.Town Durban Std 7/5 12/5 15/5 U/5 J*rd JARWNE SHIPPING AGENCIES (REG. 242*4/OOK) 200 CANTONMENT ROAD #12-06 SOUTHPOINT,
      386 words
    • 612 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container# Faadcr P Kalanf lunar «aual Spora IkMb Fram Sydn Aho Acc*o CALABAR V.J4 12 May "KABIROAS" ¥.34 20 May 4 June 13 tun* U June AM Bra ESTECLIPPER Vl4 4 June "RAMOAS' VPS 10 June June 4 iuly 2 July AM Bra CALABAR
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    • 674 22 GOLDEN LINE WS GUAN GUAN SWUNG (PTE) LTD V 21. IM Arc Sfrtel —a tmUKK 01M m S34JM (II IMS) STRAITS/PERSIAN GULF SERVICE: s*»o« pk^p«. GOLDEN HARVEST Colomt»/Karacto/*ina QaDocn. DutmZl/24 Hit GOLDEN HAVEN Cotomta/K4r«chi/Mincst/B**iraMi 21/29 May fk% "Paw «i M M LINCQUANHE TU* 22/4 t* Iff Iff Wi guqkng in
      674 words
    • 421 22 PHIL I IRON SHIPPING AGENCIES PTE I ID PHIII ORIENI lINES PIE I TP HMO o»'iQ 6i POeiNSON ROAD «(T I! *IPO »SI« BUI! DING SINGAPORf OlCf m :n*M7 t»•«s TMFI RS PHfli MI ??SS6 76 m MIDDLE EAST/FAR EAST FCL LCL SERVICE VESSEL J ETA SINGAPORE Mb I EAST/WEST
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  • Page 23 Advertisements
    • 702 23 NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA Terminal CPS BOOKINGS 27K753 27*5742 *****22 mi2S3 *****19 27*116 27*111 27*141 \\NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A TO EUROPE/UK (VIA SUEZ): I7= H NEPLINE SON BHD JM*»7 NEPLINE SDN BHD 2(***** NEPIINE SDN BHD *****5/*****0/*****1*27tt2 NEPLINE SDN BHD. 23M40/23M41
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    • 73 23 tl TAYO INTERNATIONAL PTE. LTD. TEL *****25 (3 Lines) TLX RS ***** TAYOIN PEKAN BARU/DUMAI/BATAM/BELAWAN WEEKLY SERVICES VESSEL ETA ETO DESTINATION PERAWANG SATU In Port 5/5 BELAWAN/CIGADING SINAR MEGA 5/5 10/5 PEKANBARU DUMAI SARI SAMUDERA 7/5 12/5 JAMBI VIZANAEI 11/4 13/4 PORT KELANG/UJUNG PANDANG* SUBJECT TO INDUCEMENT JVan tai[in e
      73 words
    • 476 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG. BUSAN, INCHON Vmml'i Nam* No J Donam/703N Entarprit«/710N Mo 7 Donam/7MN No I Donam/704N No t oonam/70tN No 9 Donam/704N M. Enterpriu/711N No 7 OonjmTOSN S PORE AGENTS NEPTUNE AGENCIES PTE LTD Tal *****12,77»5«34 *****10/*****22 (Operation) 2222M7 270T2M
      476 words
    • 583 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2SIOB P. KELMK PEMANC M/S HANOUNC SYSTEM CO SON. MO. MESSRS MAI TMONG SNIPPING 127 Pwmm Strwt Pma,
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    • 63 23 FERI MALAYSIA SDN. BHD. RORO CON!SINf R P«l 11 lISfD WHMY StRVICF in KUANTAN KIM.HINf, K HINARAUi At SO ACCf PTING Silt DRIVf N HI AW WHICHS CRUISE MUHIBAH" ypHI KUANTAM KUCHMQ KOTA ntlAtAI U 19, Kmppml Rood #05-02/03 Jft M Mdhg S'por* 0206 Tofc *****38 (5 Urns) Tlx. K
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  • Page 24 Advertisements
    • 373 24 SINGAPORE SHIPPING CORPN.CPTE] LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAO VEB DEUTERACHT SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE 11/.V'.ITU CE2EEB E3£JiOiaE3liJJbl| raf——j fail •VIA COLOMBO Accepting cargo for Bombay, Cochin Madras ""VIA LARNACA: Accepting cargo for Piraeus, Thessaloniki, Izmir, Istanbul. Mersin, limasaoi,
      373 words

  • Page 25 Advertisements
    • 158 25 *****53/*****11 04-*****2/4, *****3 07-*****8, *****1, *****5 07-*****1, *****3, *****5, *****0 02-*****22 2&088 rawooeomgH S£ SBBBB£J!f^ Will vXWv«w.-.v.w.vv.-.v CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE ED FROM EUROPE vsi 157 117 I. KORRKAN 177 JUTLANO4A 117 LOADING FROM: GOTHENBURG, BREMERHAVEN,
      158 words
    • 157 25 Scan Dutch V TO EUROPE (UK-NORTH CONTINENT-SCANDINAVIA) WEEKLY 1) R-OAM B) UK POUTS *5 Iff 7/5 *5 >. Surla/UI I 12/5 I art I 2*5 SS i 8 m I SSW 111 d I I »/S V/S l|S W L NnaMM+ I .3 4 JKHSTO RED SEA-MEDITERRANEAN EVERY 10 DAYS
      157 words
  • Page 25 Miscellaneous
    • 151 25 r ■m Regional Wtatbir >2 K y;- H H JK V v Wnd drcctnn with «0««d n knot* wo»i hm&t LIGtMO R T«mpwwur. «c A Shower W*oth*r _X w«x) dr action witti ipiiil n knot* Wov.h«#w Cloudy Sky Ww on mixmtU by n—» ahch witk Mm Q On* hjl crd*
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  • Page 26 Advertisements
    • 504 26 FARGO SHIPPING COMPANY (PTE, LTD. ■*W r REGULAR EXPRESS FULL CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From USA/Canada/Europ«/M*dlt*r anwan Vsi ANTWERPEN C. VEROLME TBN HELEN Em EDI RATANA BHUM BUNGA BUTANG 121N 11/5 1/5, 11/5,14/5, 17/5 In Pt, 12/5, 15/5, 21/5 9/5, 14/5, 11/5, 21/5 In Pt,
      504 words
    • 130 26 a SAILINGS EVERY MONDAY OUTBOUND VESSEL BUNCA SURIA 131 SELANDIA 141 TOYAMA 151 B. PERMAI 10 BORINGIA 73S BORINGIA 739 HEONIA 70 FIOMIA 711 ACCEPTMQ CARGO (LCL A FCL) FOR: DAKAR, FREETOWN, MONROVIA, AMMAN, TEMA, LOME, LAOOB« DOUALA #ponl-, MM! DfIHKY SMUTING P'| f TO l. i •..{■»ID.-;K p» 0
      130 words
    • 177 26 ICJ.T. MUMUMM UK ROUTING: (A) AUSTRALIA: S E ASIA: INDIA: RED SEA: MED/N AFRICA «B) W AFRICA: S W AFRICA: S. AFRICA: AUSTRALIA. MV ANITA MMT •dtbaiwi Kvontor* S'por»i Panangi Cotombot Alexandria Soiled 15-5 20-5 23-5 13-6 AMANDA SMIT/SUB 29-5 15-6 20-6 20-7 ACCEPTING PARCEL SHIPMENTS ROUTING (A) IB) COIIOLA
      177 words
    • 379 26 1 Mitsui OSK Lines Ltd CONVENTIONAL/SEMI-CONTAINER NEDLLOYD MOJI VOY. EAB32A 18 May Mombasa. Daressalam AFRICA MARU VOY SWA26A 28 May Poet Lours. Reunion SUBJECT INDUCEMENT TELAMON VOYWAA2A 18 May EARNEST VENTURE VOY.WAB22B 12 May Rmks: Subject Inducement Apapa, P. Harcourt P. Noire. Abidjan. Monrovia. Lome. Contonou. Tema OSAKA MARU VOY
      379 words