The Business Times, 19 May 1987

Microfilm: NL15831
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, MAY 19, 1987 75 CENTS
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  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    176 1 Exchange rates The Singapore dollar closed on a firmer note against the US currency at 2.1175/85 (2.1210/20) on the Singapore torex market yesterday. US$i 139.40 yen, *****/55 DM. £> US$1.15 M$i SJ85.78 OvtrMtt markets Monday HK Hang Seng Index 2875.45 3.26) Sydney All-Ordinaries 1858.8 (+10.3) Tokyo Nikkei
    176 words
  • Article
    Ex-directors of defunct club sue lawyers for negligence
    925 1  -  Claims for damages could add up to $31 m By ELAINE KOH EIGHT FORMER and three present partners of law firm Shook Lin Bok, including a High Court judge and a Judicial Commissioner, have been sued for negligence (alternatively breach of contract)
    925 words
  • Article, Illustration
    Profit-taking trims ST Index by 10 points
    312 1 WHILE PRICES of recent high-fli-ers were subjected to profit-tak-ing for the second consecutive trading day yesterday, rotation of buying interest was also evident. The market closed generally mixed with gainers leading losers 110 to 71. Profit-takers tended to be hesitant in the face
    312 words
  • Article
    Lock icon Alliance calls for a compassionate Britain
    165 1 AFP CENTRIST ALLIANCE leaders David Steel and David Owen called for a "Britain united, confident, compassionate and competitive" as they presented the election manifesto of the Libera! and Social Democratic parties in London yesterday. The Alliance manifesto for the June 11 general elections demands
    AFP  -  165 words
  • Article
    Lock icon Lawyer and clerk sue EPF and its chairman
    180 1 Bernama A LAWYER and a clerk yesterday sued the Malaysian Employees Provident Fund Board and its chairman, Tan Sri Zain Azraai Zainal Abdin, after failing to get information relating to the management of the fund from Jan 1, 1982, to Dec 31,
    Bernama  -  180 words
  • Article
    Lock icon Weaker dollar will fuel inflation but US industry will benefit, say economists
    531 1 AP THE AMERICAN ECONOMY will see significantly higher inflation this year because of a weaker dollar, but the falling currency will finally begin to lift the fortunes of US manufacturers, leading economists predicted yesterday. The National Association of
    AP  -  531 words
  • Article, Illustration
    MAS to auction $300 m bond issue on Friday
    323 1  -  By SOH HANG KENG Financial Correspondent FHE REVAMPED GOVERNMENT securities market is gradually gaining momentum with the announcement last night by the Monetary Authority of Singapore of its second bond issue under the new system of scripiess trading and market-oriented yields.
    323 words
  • Article
    A Landmarks tussle
    113 1 A BOARDROOM crisis is brewing at Landmarks Holdings Bhd, a hotel-cum-property group headed by Tan Sri Chong Kok Lim. A group of shareholders owning more than 10 per cent of the company's capital has requisitioned for an extraordinary general meeting to vote on a resolution to remove
    113 words
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      338 1 BT hat a new facsimile number *****71. Pleaae use this new line for facsimile transmissions. Full Report, Pag* 13 Asian Stocks, Paga 11 Letting the foreigners in IF SINGAPORE is to be a major financial centre, it would need, among other things, to open up the closely-knit community of local
      338 words
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      7 1 See Pages 5, 7, 12 and 16
      7 words
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      304 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM High finance in colour TOMORROW BTs bumper Banking Finance Supplement our ninth annual survey of banks, finance houses and insurance companies. A record 36-page special with eight pages in full colour. Do not miss your copy. Details on Pag* 15 donTletthe initial ldm PUSH
      304 words
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  • HOME NEWS
    • Article
      People's Action Party sets up awards scheme
      222 2 THE RULING People s Action Party (PAP) has set up an awards scheme for its members as well as nonmembers for services to the party and the nation. Nominations are now open until May 30. The awards are of four types: Distinguished Service
      222 words
    • Article
      Exhibition draws good response
      277 2 A RECORD NUMBER of suppliers have signed up for next February's Offshore South East Asia exhibition, spurred by the end of the downturn in Asia's oil exploration industry and the need to adopt more sophisticated equipment to remain competitive. More than 400 companies from 15 countries
      277 words
    • Article, Illustration
      Sheffield looking for a Singapore connection
      550 2  -  By GOH YEE LING ROBERTS MAGNETICS, a UK company which processes and distributes magnetic products for use in audio-visual equipment, computers and medical apparatus. plans to invest $1.75 million (£0.5 million) to set up a factory in Singapore. Roberts Magnetics is one of 24
      550 words
    • Article
      Productivity — learning the ropes while on board ship
      284 2 Productivity learning the ropes while on board ship A PRODUCTIVITY CRUISE with some 470 people on board is expected to sail in today for a three-day tour of Singapore companies. The 14-day cruise from Yokohama to Hongkong to Singapore is the first of two organised by the Japan Productivity Centre
      284 words
    • Article
      Asia-Pacific JCI senators to meet In Singapore
      111 2 THE JCI Senators Club of Singapore is acting as host to the Asia-Pacific JCI Senators' Conference from May 21 to 24 at Hotel TaiPan Remade. About 300 detegatee will be attending the conference. Some deiegetes will come from Europe. JCI Senators are mainly
      111 words
    • Article
      MEMO-PAD
      502 2 Seminars and courses DURATION TITLE VENUE ORGANISER Jon 1-2 International Trode Royal Holiday Inn Singapore Contracting Federation of Chambers of Commerce and Jun 1-2 Industry The Morketing Audit SIM Conference Singapore Room Institute of Management Jun 1-15 Pressure Vessels and Singapore Singapore Piping Design Polytechnic Polytechnic Jun 3 Business
      502 words
    • Article, Illustration
      Wah Chang's Phuket hotel to open in October
      382 3  -  By MARTIN SOONG WAH CHANG INTERNATIONAL'S $25 million Phuket resort hotel, the third owned or developed by local companies on the southern Thai island, will open in October. The 240-room property, the Dusit Laguna Hotel, will join two other similar-sized resort hotels
      382 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      312 3 KENNETH L LAY has been appointed to the board of directors of Compaq Computer Corporation with effect from yesterday. Mr Lay, 45, has served as chairman of the board and chief executive officer of the Houston-based Enron Corporation, a diversified energy company with worldwide revenue of more
      312 words
    • Article
      Hong Leong group puts Tanglin land on the market
      427 3  -  Asking price of at least $10.2 million By LEE HAN SHIH Property Correspondent FOR $10.2 MILLION or more, the Hong Leong group will consider letting go of a large tract of residential land in the coveted Tanglin area. Acting through sole
      427 words
    • Article
      Drink packs to drive home message
      167 3 THE CALL to "be the best that we can be" has just gone out in a new medium. Drink packs, which have borne messages other than the manufacturers' of late, are the latest promotional channel of the National Productivity Board. Packets of Marigold longan,
      167 words
    • Article
      Keep clear of these areas
      128 3 THE SINGAPORE Armed Forces will be conducting military exercises in Lim Chu Kang, Tuas, Marsiling, Mandai, Wing Loong, Loyang and Sembawang from 7 am to 11.59 pm daily until Sunday. May 24, and at Bedok jetty from 7.15 am to 7 pm on Thursday, May
      128 words
    • Article
      N Telecom unveils new switching system
      184 3 NORTHERN TELECOM. Canada's leading manufacturer of telecommunications equipment and integrated office systems, launched its latest compact digital telephone switching system at a one-day product seminar at Westin Stamford yesterday. Called the Meridian SL-1 ST, it is billed as a promise to improve the way
      184 words
    • Article, Illustration
      College designs to be based on winning entries
      179 3 TWO NEW JUNIOR COLLEGES one each in Hougang and Bishan new towns will be built based on designs submitted for a competition. The winning entry was submitted by Architects Team 3, whose design is being implemented for the Hougang junior college, while
      179 words
  • Page 2 Advertisements
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      122 2 -jm>CeW •mm •v SSS v Korean Air flies non-stop from Seoul to New York every single day. And we arrive at 10:40 every morning. So you'll get there in time to put in a full business day. Plus, we offer 3 direct flights to New York each week as well.
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      Page 2 Advertisements Column 2
      69 2 I I CHANGING KEY TO THE FUTURE" 1 c WvV v% D> I'OSB i m\«-Mmrnt uprnifiicx iiun.'mbi :i'>ii;i 3A*i:^;i'y Now can the POSB make bettor use of its funds? Will private investors take a stake in Sentosa? o Why are the Japanese flocking back? What's the health of our stockbroking
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      Page 2 Advertisements Column 3
      46 2 Cxemit Hotels Worldwide Call *****55 Kuala Lumpur Bangkok Hong Kong Fiji Sydney Melbourne New York City Chicago Auckland Dusseldorf Okinawa Beverly Hills OPENING 1989 Taipei Djakarta Istanbul REGENT INTERNATIONAL HOTELS Sales Reservations Office: 230 Orchard Road #07-230 Faber House, Singapore 0923. Tlx: REGTEL RS *****. c
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      86 3 Prompt pick-up and delivery 24 hours a day Only at Scruples Explore Scruples. Discover designer originals in rattan and wicker. A dream collection of the classic and contemporary. All handcrafted to capture your imagination. Elegance in furniture. Come to Scruples. But come prepared to fall in love. At Scruples. Only
      86 words
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      Page 3 Advertisements Column 2
      311 3 It always costs a little more TO CULTIVATE A CERTAIN STYLE. v 'a£fr x J and dedication. Day and night-time temperatures, nourishing barks and acidity of rainwater, are precisely measured to yield a treasured prize: the brilliant blossiming of the rarest of flowers. Phalaenopsis Hybr Mode! Bamboo, water-resistant, ultra thin
      311 words
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  • ASIA – PACIFIC
    • Article
      Hanoi owes Japanese 60b yen
      333 4  -  Ambassador explains trade ties From PETER JANSSEN JAPANESE AMBASSADOR to Thailand Akitane Kiuchi revealed yesterday that Vietnam owes Japanese trading firms about 60 billion yen in debts, which is one reason why some Japanese companies have been trying to boost trade with the communist nation.
      333 words
    • Article
      Lock icon Japanese women workers paid 60 per cent of men's wages
      305 4 AP IN SPITE OF legal guarantees against sexual discrimination in the workplace, Japanese female employees on average earn only 60 per cent of what their male counterparts earn, according to Ministry official. r The average male Japanese worker aged 38.8
      AP  -  305 words
    • Article
      Lock icon India's forest cover reduced to just 10pc
      222 4 AFP INDIA'S forest cover has fallen to a dangerously low 10 per cent and timber merchants are still axing thousands of trees annually, often illegally, according to the Press Trust of India (PTI). Industrialisation, urbanisation and illegal felling of trees had combined to
      AFP  -  222 words
    • Article
      Lock icon Chinese paper hits out at officials who oppose economic reform
      369 4 Reuter DISGRUNTLED Chinese communist party officials are using a campaign against Western political ideas to attack economic reforms, an official newspaper in Beijing said yesterday. But the newspaper, the Economic Daily, emphasised that there would be no going back. i
      Reuter  -  369 words
    • Article
      Lock icon South Korea's 15.6 pc quarterly growth highest in eight years
      220 4 AP SPURRED BY fast growth in exports and manufacturing, South Korea's real gross national product (GNP) in the first quarter of this year rose 15.6 per cent over the Same period of 1966. The Bank of Korea announced yesterday that
      AP  -  220 words
    • Article
      Lock icon Indices show Australia is poised for recovery
      249 4 Reuter THE WESTPAC Banking Corp-Melbourne Institute of Applied Economic and Social Research indices of economic activity suggest Australia's economy may be poised for recovery in 1987. Westpac and the institute said yesterday that their leading index rose to 121.4 (base 1960) in February
      Reuter  -  249 words
    • Article
      Lock icon Shultz sets terms for M-E talks
      118 4 AFP US SECRETARY of State George Shultz has said that work towards an international peace conference in the Middle East should continue, but the US wouk) not go ahead with such a conference without the agreement of the Israelis. "President Ronald Reagan and I
      AFP  -  118 words
    • Article
      Lock icon Filipino Reds vow to intensify fight
      310 4 NYT LEADERS of the Philippine communist insurgency have said that last week's legislative elections did not reflect the national will and that they would intensify their armed and propaganda battle. At a clandestine meeting outside Manila on Sunday, they said participation in the election
      NYT  -  310 words
    • Article
      Lock icon Aquino set to pre-empt Congress
      125 4 AFP PRESIDENT CORAZON AQUINO is set to use her powers of decree to pre-empt the Philippine Congress by passing laws on free high school education and land reform, Manila newspapers said on Sunday. However, Mrs Aquino also reportedly said the land reform law she was
      AFP  -  125 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      908 4 ARRIVALS Operator Swtoi Local Hwn From SU CAL JAL FT CAL MAS SV MAS JAL MAS AC SU CPA MA OU SU su su THAI Al MAS GU SU SU su GU AY SU su UJFT GU SU SU SU THAI sv GU THAI CPA KIM. swt
      908 words
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      180 4 Call to study acologtcal •ff*cts of C American wars, Paga 5 fx F0r233 years it lay hidden at the bottom of the South China Sea a remarkably preserved treasure trove of 18th century antique blue and white Chinese porcelain. Then in 1985, salvage expert Capt. Michael Hatcher recovered it from
      180 words
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      Page 4 Advertisements Column 2
      56 4 f I The bus,ness person's choice, every ;> I I II I II I Tuesday, Thursdoy, Soturdoy ond I 1 /I II f Sunday. Leoving Chongi Airport at JL 1 -I- 22:05 hours and arriving at Lester B. Pearson International Airport the following day. Coll your Travel Agent or Air
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      61 4 Doonesbury AN INSPIRATIONAL VIDEO FOR: PR MHCOPBB trainees. PR. WHOOPEES ARE STJLL MADE &YHANP BY LOCAL HAITIAN CRAFTSPEOPLE USING THE SAME TJME-- HONORED METHODS IDE VELOP&? BACK 1N1986 m f.3 wi i ilffll R 5 Vi 55^ 1^ 8* a* M LSW R BY GARRY TRUDEAU '91 CONTRAST, OUR DISTRIBUTION
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  • REST OF THE WORLD
    • Article
      Lock icon Sierra Leone says IMF scheme not beneficial
      464 5 Reuter SIERRA LEONE President Joseph Momoh, whose government adopted an International Monetary Fund (IMF) programme last year to halt economic decline, has said it brought no benefit to the country. Momoh's views'reflect mounting criticism by African countries of IMF prescriptions for their ailing
      Reuter  -  464 words
    • Article
      Lock icon Studies show brutalising effects of violence on children in S Africa
      355 5 AFP APARTHEID has brutalised a generation of black and white South African children, raising fears of the emergence of violent and racist children similar to those who indulged in an orgy of killing under the Khmer Rouge in Cambodia,
      AFP  -  355 words
    • Article
      Lock icon Call to study ecological effects of C American wars
      340 5 AP WARS in Central America are destroying the region's natural reaources and diverting funds from social, economic and environmental projects that could improve the lives of its people, according to a group of scientists meeting in Managua, Nicaragua. The 100 scientists
      AP  -  340 words
    • Article
      Lock icon At least 58 cases of near collisions in southern Californian air space
      348 5 UPI THE FEDERAL Aviation Administration in Los Angeles has logged at least 58 reports of near collisions over southern California this year, including two dozen cases of aircraft missing each other by less than 152 metres. And air
      UPI  -  348 words
    • Article
      Lock icon Investors keep wary eye on inflation
      722 5 Reuter INVESTORS WORRY constantly about inflation theee day*. Thay worry avan though many of tha economist* who advisa them do not. And aa thay gat jittery, they sometimes set off near panic in financial markets, ssy dealers in gold, silver, shares and bonda. It
      Reuter  -  722 words
    • Article, Illustration
      Lock icon Gorbachev out-polls Reagan in Bonn
      282 5 NYT MIKHAIL GORBACHEV, the Soviet leader, it more popular and credible In Waat Germany than US President Ronald Resgsn, according to a flurry of racant opinion poila. A poll by tha Allensbach Organisstion showad that 46 par cant of Waat Germans baliavad that Raagan was
      NYT  -  282 words
    • Article
      Lock icon Survey to find out how churches spend money
      481 5 NYT SEVEN CENTS of every 10 that American* donate to charity goee to raiigioua groupa and their schools, hospitals and instltutiona. Now the Independent Sector, the country's largeat philanthropic coalition, ia trying to find out how thia money ia uaed. Beginning thia
      NYT  -  481 words
    • Article
      Lock icon Filofax — a holder bound for success
      472 5 Filofax a holder bound for success Reuter FILOFAX a leether ringed binder holding everything from a diary to a restaurant guide and conversion tables has become synonymous with success and a high-pow-ered lifestyle. The paperbeck-eized holder haa become as indispensable as a US$BOO suit and an expensive Ger-man-made car for
      Reuter  -  472 words
    • Article
      Lock icon Garcia warns striking police
      191 5 Reuter PERUVIAN PRESIDENT Alan Garcia said on Sunday that if poiica did not and an iliagal strike troop* would take over responsibility for public order and could move against them. A presidential communique aaid the strike waa continuing despite an agreement to end it. reached early
      Reuter  -  191 words
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      Page 5 Advertisements Column 1
      158 5 ;< > i>£ ss Flavour of the month: Mmm-JHabccan! at&k mm niiUIHW m The richness and rarity of Malaccan cuisine promises to make the Malaccan Food Festival at the Cafe In the Park the culnary event of May. Held from May 16th to the 31 st, Irs on every evening
      158 words
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      Page 5 Advertisements Column 2
      59 5 Tokyo aeli to moNNy oflodo ON PERSONAL LOANS! NOW 4% na. INTEREST OFFER GOOD FOR LMTEO CALL 225 5225 OR DROP M CITIBAftKO The world's leading bank Stow Way Brandt 1 Shcnton Way. #01-02 Robfeta Hoiat. Orchard Road Branch 268 Orchard Road #01-00 Y«n San Bidfclng. Singapore 0923 Taman Jarang
      59 words
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  • COMMODITIES
    • Article
      Lock icon World grain trade makes slow recovery
      471 6 AP THE WORLD'S grain trade is slowly recovering, including some improvements in US exports, according to the US Agriculture Department. After plumetting 19 per cent two years ago, total world grain exports are up this year and are expected to rise again in 1968.
      AP  -  471 words
    • Article
      Lock icon Palm Oil
      276 6 Reuter Crude palm oH futures yesterday closed marginally easier in moderate trading in the absence of fresh factors. June and July both weakened Ms 3 and Ms 2 each to close at M 5744 and M 5745 per tonne respectively. Turnover fell to 205 lots from 515 lots
      Reuter  -  276 words
    • Article
      Precious Metals
      256 6 HONGKONG: GOLD yesterday ended little changed from Saturday's close, aftsr early gains were pared on late profit-taking by mainly Mid-East interests. Bullion sndsd at U*****.50/476.00 an ounce against an early 476.75/477.50 and Saturday's closs hsrs of 475.25/476.00. On ths local markst, gold finished HK$4 lower st HK54,402 a
      256 words
    • Article
      Produce Prices
      236 6 Chinese Produce Gambier Coffee Exchange FOB NSW 200.00 (M$/100kg) Sflkn noon dostno Dfkti on FAMA No 1 674.00/710.00 Moy 18 (S$/100 kg) No 2 650.00/683.00 Coconut oil Ooring price* en May 18 Bangkok Buft FOB S8.00 Coconut oil doting prices on May 18 OW drum FOB 98.00 (M$/100kg)
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    • Article
      Oil and Products
      93 6 EAST ASIA oil product prices were largely unchanged in a quiet start to the week. Spot fuel oil firmed by 50 cents to $1 per tonne on strong Singapore demand. Naphtha prices were stable with few traders willing to move despite bullish talk. Crude (FOB origin) USS/borral
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    • Article
      Lock icon KL Tin
      141 6 Reuter THE PRICE of tin on Km Kuala Lumpur Tin Market (KLTM) yesterday aaaad a cant from laat Friday'» ctoaa to M 516.67 par kilo In qylfl trading, d§§|§f| ssfd. Tha mark at opanad at Ha previous MSI6.6S, with •altars offering 141 tonnaa and buyers willing to taka
      Reuter  -  141 words
    • Article
      Lock icon Malaysia's crude palm oil output in April up 5.71 pc
      135 6 Bernama MALAYSIA'S output of crude palm oil rose in April by 5.71 per cent to *306,300 tonnes comprising 279,100 tonnes from peninsular Malaysia and 27,200 tonnes from Sabah and Sarawak, over the March output. April CPO output for peninsular Malaysia
      Bernama  -  135 words
    • Article
      Lock icon Rubber
      190 6 Reuter SINGAPORE THE MARKET yesterday closed firmer with June RSS One buyers quoted at 205.50 cents/kilo, up 2.50 cents from last Friday's close. Trading on the TSR-20 market was thin throughout the day and prices moved higher in line with the trend on the RSS market. June and July
      Reuter  -  190 words
    • Article
      RAS and MRELB
      313 6 RAS prices In S omMs, FOB In M« I NOON CLOSE Buy*r* SoNors Buyers Setter* bit 1 RSS Prompt 209.00 210.00N 209.00 210.00N Int t RSS Juno 87 205.50 206JO 205.50 206JO bit 1 RSS My 202.00 203.00 202.00 203.00 bit 2 RSS Of 194.00 196.00N 194.00
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    • Article
      SSR and SMR
      82 6 (cantt/kg, 1 -tan po«*n) JUN€ 87 JULY 87 (currant month) (forword month) RAS NOON S*H*r> NOON •vr*n Saltan SSI 20 178.00 180.00N 178.00 180.00N SSt 50 177 XX) 178.00N 177.00 178.00N MRELB lwy«o S^Wo 1«yr» S»l»n SMR CV 242.00 244.00N 243.00 245.00N SMI I 241.00 243.00N 242.00
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      296 6 At IBM Towers you tend to see things a little differently. ?v* "> ■r>><0$ 'M S4* s > S3* i A well thought out office environment could give you a business overview that is quite extraordinary. And that extra edge in your business perception could spell the vital difference between
      296 words
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  • WORLD BACKGROUND
    • Article
      Lock icon A UK unemployment time-bomb ticking away
      833 7 AP CLEVELAND COUNTY, which has England's highest unemployment rate, does not belong to the manicured British isles of picture postcards. Thousands of jobs have disappeared, and an industrial stink fills the air around 1,200 hectares of derelict factories. The joblessness 20.8 per cent of
      AP  -  833 words
    • Article
      Lock icon Swedes in bid to improve their images abroad
      563 7 AP HOPING to brighten up its image, Swedish business has launched a campaign to promote itself abroad and teach Swedes to be more outgoing and friendly. Other businessmen perceive Swedes as honest, reliable and efficient, but also hard to get to know,
      AP  -  563 words
    • Article, Illustration
      Lock icon Intellectual who did not fit the mould
      701 7 Reuter GUNNAR MYRDAL, the Nobel Prize-winning Swedish economist and sociologist, died on Sunday at the age of 88, leaving a deep mark on the history of race relations in the US, the postwar development of the Third World and the birth of the
      Reuter  -  701 words
    • Article, Illustration
      Lock icon Tokyo acts to mollify effects of falling dollar
      785 7  -  By LEONARD SILK NYT JAPAN'S Finance Ministry exerted moral persuasion last week on the country's major commercial banks, securities firms and investment companies, urging them to stop their speculative selling of dollars. In fact, the Japanese governments move goes beyond mere talking.
      NYT  -  785 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      42 7 1 hCoiHTßfc* Hvf 101.1 L'o.l 1 Moonphast's" gents' model by Jaeger-I*e Coultre. Automatic movement with complete calendar. Available in SINGAPORE: Sincere Watch Pte Ltd Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C.I.L. Centre Hilton Hotel Woo Hing (M) Sdn Bhd
      42 words
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      Page 7 Advertisements Column 2
      58 7 THE TALK OF THE BUSINESS DISTRICT TOMORROW IS ON TONIGHT. K M 4 'J i fll > T< iff rRobert Schwartz, President of the Tarrytown Group and Alistair Mant, author of "Leaders \Ne Deserve' 7 discuss 'The Future" on THE BUSINESS OF EXCELLENCE B.oopm. Channel 12 Brought to your screen
      58 words
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  • FEATURES
    • Article
      For MCA, the battle has only just begun
      488 8 THE BY-ELECTION victory of the Malaysian Chinese Association (MCA) over the opposition Democratic Action Party (DAP) in Gopeng last Saturday must certainly come as a relief to the number two party in Malaysia's Barisan Nasional coalition government. The MCA had withstood a
      488 words
    • Article
      Corporatisation heralds a new era
      2353 8  -  In recent months, the stockbroking fraternity in Singapore has witnessed a number of well-known foreign brokers and investment houses taking up equity in previously family-owned broking firms, some of them for generations. Corporatisation, it appears, is the road ahead for Singapore, if it wants to
      2,353 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      151 8 AIE 09 8 V lanage BT shows you how every Monday. Where can you enjoy two meals for the price of one? 'II ,r i w X* *Jr li V. if/j V/js Tlyour NEW EXTENDED MENU at Meisan Incredible? But it's true! Each time you have lunch or dinner at
      151 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      695 8 CRYPTIC PUZZLE ACROSS 3 Provide some tripe to eat, tree (5) 8 Transport by car and railway (5) 10 Figure a measure to be a certainty (5) 11 Athlete's note to the company (3) 12 Try to state anew (5) 13 Soccer club getting a field from another (7) 15
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  • SPORTS
    • Article
      Mahader among wild card entries
      449 9  -  Main draw of U5512,500 men's tennis tournament By WALTON MORAIS NATIONAL tennis champion Mahader Hassan and Davis Cup teammate Tan Ah Peng have been given wild card entries to the main draw of the Pro Kennex/Bonds Asian Satellite Circuit Singapore leg next month. Mahader and
      449 words
    • Article, Illustration
      Lock icon Wilander is French Open favourite
      559 9 AP SWEEPING through Rome without dropping a set, Mats Wilander has emerged as the favourite at the French Open, the second leg of the Grand Slam of tennis. Both the players he eliminated on the way to winning the Italian Open title last Sunday and
      AP  -  559 words
    • Article
      Lock icon Nick Faldo wins Spanish Open
      530 9 UPI AP BRITAIN'S Nick Faldo ended three years without a win by shooting a last round 72 to capture the U*****,000 Spanish Open on the Las Brisas course last Sunday. Faldo, who had not won since he took the Heritage Classic title at Hilton Head
      UPI; AP  -  530 words
    • Article
      Lock icon Clearwater wins first PGA tournament
      206 9 UPI ROOKIE Keith Clearwater shot consecutive 64s in a gruelling 36-hole finale in Fort Worth, Texas. last Sunday that vaulted him past two players in the US$6OO,OOO Colonial National Invitation and gave him his first PGA tour triumph. Clearwater's 12-under-par 128 over the final 36
      UPI  -  206 words
    • Article
      Lock icon Alysheba faces numerous obstacles
      481 9 UPI ALYSHEBA, winner of the Kentucky Derby and Preakness, faces numerous obstacles in his bid to become the first Triple Crown champion in nine years: the gruelling 1-1/2 miles of the June 6 Belmont Stakes, nemesis Bet Twice, fresh opponents, trainer Woody Stephen's monopoly of the
      UPI  -  481 words
    • Article
      Lock icon Celtics defeat Bucks in decisive seventh game
      319 9 UPI THE BOSTON Celtics, inspired by the return of Robert Parish and powered by Larry Bird's 31 points, defeated the Milwaukee Bucks on Sunday 119-113 in the decisive seventh game of the American NBA Eastern Conference semi-finals. Parish finished with 19 rebounds and
      UPI  -  319 words
    • Article
      Lock icon Prost equals Formula One record
      218 9 AP WORLD champion Alain Prost has used time to its best advantage throughout his Formula One career and time is giving its rewards. During the Belgian Grand Prix on Sunday, his sense of time earned him a place in racing history. The Frenchman won the
      AP  -  218 words
    • Article
      Lock icon Piggott wins first European Classic as a trainer
      72 9 Reuter LADY BENTLEY, ridden by John Reid, made all the running to win the U*****,511 Italian Oaks and give former British champion jockey Lester Piggott his first European classic winner as a trainer on Sunday. Italian-trained outsiders Cunizza Da Romano and Fracassina
      Reuter  -  72 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      62 9 gggTgiiiaiKtmai BTmSfrKiliiliiSiSnii s SWOODS from: £63 per wk CAP PEN TA L Unlimited mileage inclusive V*? Over 20 year's experience .-w Reet size 1,000 vehicles, ail less than one-year okf'J Best service at competitive prices Also available self-drive holidays (car hotels) in UK. ANGLO FRENCH TRAVEL SCENIC TRAVEL #10-03 Asia
      62 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1173 9 to vm mm TUESDAY PREMIERE Terrible Joe Moran 10.30pm, Channel 5 James Cagney (left) made his last screen appearance in this made-for-TV movie about a retired boxer who faces the biggest challenge of his life when his estranged granddaughter, who is involved with a mobster, comes to live with him.
      1,173 words
    • Miscellaneous
      Page 9 Miscellaneous Column 2
      14 9 r Play slue way TARGET mm I :w 1 ft SSI'S 2 9 /j
      14 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon No quick solution seen for Kidder's problems
      602 10 NYT KIDDER, PEABODY CO faces a major test in the coming months in the wake of a forced management shake-up and a pending settlement of insidertrading charges with the Securities and Exchange Commission, according to a number of officials close to the firm.
      NYT  -  602 words
    • Article
      Lock icon Drexel releases upbeat annual review
      357 10 FT DREXEL. BURNHAM. Lambert has not a worry in the world, judging by its annual review which indicates it earned more profits than any other firm on Wall Street last year as "the leader in innovation in the securities industry". Yet, the glossy, unremittingly upbeat
      FT  -  357 words
    • Article
      Lock icon Congress drawing up laws to curb takeover abuses
      327 10 UPI IT ALWAYS is risky to predict what Congress will do. But America could be witnessing the beginning of the end of some highly criticised corporate strategies used in takeover battles such as greenmail, poison pills and golden parachutes. All signs indicate
      UPI  -  327 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      276 10 J 7 < y y \k >"> V'♦ i vS&Z- --t**'' w w. rv>- M ll mm *4 Z Traz/ yourself to something totally different. A taste of Thai. There's sumptuous seafood you can select at a self service counter. Or a wide variety of temptingly exotic Thai dishes from
      276 words
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      Page 10 Advertisements Column 2
      88 10 TECHNOLOGY EVERY FRIDAY Seconds are FREE and all bottle sales enjoy a 30% discount > wmmm mm w. one 200 Orchard Boulevard. Singapore 1034. Tel: *****11 THEMGWUE SET LUNCH PORONIYS?SO* From Monday />' to Friday, j^gfl a deliciously different Set Lunch is yours for the asking. Mr You can savour
      88 words
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      Page 10 Advertisements Column 3
      78 10 ALL YOU WANT m KB mm 'ism. SUPER-VALUE SEMINAR PACKAGE for Sf 20 nett per person per day, all these complimenuwies: Seminar Rooms, beautifully arranged vs per your instructions /7 Overhead Slide and 16mm Movie Project Screen Video Recorder Television Car Parking facilities for participants 2 coffee breaks (morning afternoon)
      78 words
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      Page 10 Advertisements Column 4
      75 10 0) "N* (i C| SHOKADO imatsat 12 different sets of Japanese lunches priced from $10++ to $20++ per set Lunch: 12 Noon 2.30 pm Dinner: 6.30 pm -10.30 pm MFURAMA "If 1 SINGAPORE HOTEL 10 Eu Tong sen street Singapore 0105. Tel: 533 3888 novotel orchid inn rSHftGQfeXD-SEF*! JAPANESE BREAKFAST
      75 words
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      Page 10 Advertisements Column 5
      180 10 With the dynamic m Melody Band from S the Philippines. At The Lounge daily l except Sundays, Bpm lam, with an extra hour on weekends and eve of Eublic holidays. Happy [ours from 5-7pm daily. Third drink is free with every two similar drinks ordered.# Trie Lounge 270 Orchmrd Road.
      180 words
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  • ASIAN STOCKS
    • Article
      Hongkong
      453 11 HONGKONG: Share prices reversed early losses yesterday to close slightly higher following a late round of bargain-hunting by overseas fund mangers. The Hang Seng Index gained 3.26 to 2,875.45, while the Hong Kong Index rose 2.72 to 1,858.22. Turnover was HK51,073.51 million. Brokers said a sharp selloff on Wall
      453 words
    • Article
      Taipei
      259 11 MAY 18 All Sincere Indus Asia Cement Cathay Cons MT S 4 07 48 80 65 00 +1- 0.19 -05 •1 Kuochan Dev Lee Chang Yuen Chem Indus Lien Hwa Indus 35 70 40 30 27 50 49 80 unch -02 -05 -02 Chang Hwa Bank. Cheng Loong Chia
      259 words
    • Article
      Tokyo
      459 11 TOKYO: Share prices plunged in thin trade on selling yesterday prompted by Friday s steep decline on Wall Street and fears that increased US bank prime lending rates may attract funds away from local stocks. The market index tumbled 430.05, its sixth largest drop, to 24,298.98. Declines led advances
      459 words
    • Article
      Manila
      77 11 MAY 1« PESOS Marsteel Oriental B 0 033 unch Phil Overseas 0 0775 -001 Aco|e Mining Anglo Phil Philex B 0 55 -002 Apex Mining B 0 0650 0 0025 Picop B PLDT 425 -7 5 Baauio Gold 0 055 0 0495 San Miguel B 143 unch 002 unch
      77 words
    • Article
      Sydney
      485 11 SYDNEY: Australian share market closed at record highs yesterday after a day of relatively quiet trade, with renewed demand for gold stocks and miners offsetting a softer industrial sector. Local and overseas buyers flocked back to the gold sector following a US$lO rise in the bullion price in New
      485 words
    • Article
      Seoul
      125 11 MAY 1« WON Kal 1380 -18 Cheii Sugar ***** Kangwon Ind Kia Motor ***** 1690 -40 16 ***** -850 Daewoo Corp 1090 -41 Korea Long Term 2340 -20 Daewoo Heavy ***** -50 Lucky Ltd 1417 -a Daishin Securities 3931 -139 Oriental Brewery ***** -210 Dong Ah Phar ***** -360
      125 words
    • Article
      Lock icon Bangkok
      156 11 Reuter BANGKOK: The Stock Exchange of Thailand Index was down 3.90 to 259.00 on a turnover of 1,327,930 shares worth 267.3 million baht. MAY 1« BAHT Post Publishing 190 -3 Saha Union 252 -8 Ao Kham Thai Siam Cement 965 -30 Ayudhya Investment 300 unch Siam City Bangkok Agro-lnd
      Reuter  -  156 words
    • Article
      Lock icon Dunlop expands Ansell arm
      72 11 Reuter PACIFIC DUNLOP Ltd is spending more than Asso million to expand the worldwide production capacity of its Ansell International latex products division. It is to meet rising demand for goods made by Ansell, the world's largest producer of latex medical examination, surgical and household gloves
      Reuter  -  72 words
    • Article
      Lock icon Japanese investors snap up UK securities
      387 11 FT JAPANESE INSTITUTIONAL investors have suddenly become enthusiastic about UK securities. The latest indication was the reported purchase by Japanese investors of about 20 per cent of the Bank of England's auction last week of £1 billion in five-year gilts. Daiwa Securities, the second
      FT  -  387 words
    • Article
      Lock icon NEC assembling computers in US to beat tariffs and rising yen
      209 11 Reuter NEC CORP will begin assembling personal computers in the US to restore profitability undermined by the strong yen and US sanctions. A company spokesman said Nec will be the first Japanese comput-er-maker to start such assembly in the
      Reuter  -  209 words
    • Article
      Lock icon IFC invests US$36m in Indian plants
      124 11 AFP THE INTERNATIONAL Finance Corporation, an affiliate of the World Bank, is to invest US$36 million in the development of two new production plants by Hindustan Motors Limited in India. One of the new plants has a production target of up to 15,000 modern
      AFP  -  124 words
    • Article
      Lock icon Indonesian car maker to test Thai market
      180 11 AFP JAPAN'S Mitsubishi Motor Co has given the green light for an Indonesian company producing its cars under licence to export to Thailand, according to Antara news agency. The rise of the Japanese yen had cut Mitsubishi's competitive edge, Antara said yesterday. It
      AFP  -  180 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      406 11 OK I BH Us V a i Claim your T-Bone Steak for only $19.50. From now till 31 May. we are offering for dinner T-Bone steak chosen from the best Prime US Beef Grilled to perfection, your T-Bone steak will be accompanied by Idaho potatoes and a green salad. Unbeatable
      406 words
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      Page 11 Advertisements Column 2
      153 11 *7THTW7iTTF± Peking A Sichuan Restaurant HOKKIEN-PORRIOGE IjgWS DINNER/SUPPER ■"■i- Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 00++ Dinner/Supper Time: 7pm 3am Ate //•v--rv i V *> >« V Ik Select from our special lunch menus available when you dine at Fragrant
      153 words
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  • BANKING AND FINANCE
    • Article
      Canadian banks likely to increase presence here
      481 12  -  B* SOH TIANG KENG Financial Correspondent Ai TOP Canadian investment banker, Mr Paul Cantor, predicted yesterday that Canadian banks and companies would be increasing their presence in Singapore and Asia as the region consolidated its status as Canada's largest overseas trading market. In
      481 words
    • Article
      Lock icon Sumita: High yen will hurt world economy
      200 12 UPI BANK OF JAPAN governor Satoshi Sumita warned yesterday the yen's excessive appreciation would harm the world economy and hinder the governments efforts to expand domestic demand and restructure its economy. Mr Sumita told a news conference in Osaka that the current dollar-yen
      UPI  -  200 words
    • Article
      Lock icon TSE raises yen futures limit
      102 12 Reuter THE TOKYO Stock Exchange said it would expand the daily fluctuation limit in yen bond futures trading to two yen from one. effective from yesterday afternoon's session. An exchange spokesman said the change was a temporary measure due to limit-down falls in the bond
      Reuter  -  102 words
    • Article
      Lock icon Business picks up for foreign banks in UAE
      399 12 Reuter FOREIGN BANKS in the United Arab Emirates (UAE) are showing signs of improving earnings after a sharp decline caused by the Middle East recession and a growing number of non-performing loans. The UAE's 29 foreign banks, whose branches mushroomed during the
      Reuter  -  399 words
    • Article
      Lock icon Saudi banks make heavy provision for bad debts
      393 12 Reuter SAUDI ARABIA'S joint venture banks are continuing to put aside heavy provisions against bad and doubtful debts in the first quarter of 1987 and results so far show profits remain under pressure. Bankers said Saudi Arabia's banks had little choice but
      Reuter  -  393 words
    • Article
      Lock icon New Sri Lankan bank optimistic
      289 12 Reuter SRI LANKA's newest commercial bank, the first local bank launched in the strife-torn island in 15 years, is setting early profits as its goal, its chairman, Neville Jayawardene, has said. He said the privatelyowned Investment and Credit Bank, which opened last month, hoped for
      Reuter  -  289 words
    • Article
      Lock icon Forex markets
      1138 12 Reuter SINGAPORE: THE US dollar yesterday closed generally weaker against major European currencies but steady against the yen, after fluctuating narrowly in thin trading, dealers said. Operators refrained from taking large positions due to the absence of fresh factors. Dealers said the dollar s underlying sentiment continued bearish
      Reuter  -  1,138 words
    • Article
      Foreign Exchange
      214 12 Interbank rates at 3pm yesterday: M> wwmm om MM MrtTr local dollar! to < mo unit of 4 Foroign ourroncyi US donor 2.1175 2.1185 2.8196 -24.90 Storing pound 3.5605 3.5643 7.3469 •5144 Australian dolor •5543 NZ dolor 1.2302 1.2329 3.4286 -64.12 CoOodKy dottor 1.57*4 ***** 3.4206 -53.86 Local
      214 words
    • Article
      Asian $ market
      391 12 Asian market ASIAN DOLLAR deposit rates yesterday closed firmer compared with last Friday's close, after a day of moderate trading. Dealers said news of a 1/4 point increase in prime rates by several major US banks to 8-1/4 per cent a larger-than-expected 0.7 per cent rise in US producer price
      391 words
    • Article, Illustration
      World interest rates
      154 12 Indicates the average of the prime lending rates 12 ma}or banks ta Singapore Intarb ■nk mart at n ■tot (offer/bid) on May 10 us$ DM SWFC Y«n 7 A*yi 7 i/» —7 7 1/4 1/i 71/1-1/1 7 a/4 J/» 1/4 1/i 7/1* 5/1* 11/1* »/1* a/4 s/i
      154 words
    • Article
      Money markets
      61 12 THE OVERNIGHT rate on the Singapore interbank market closed 1/4 point lower at 2 3/4 per cent yesterday. The term rates rose 1/16 point across the board. S$ Interbank 'rates at 7pm yesterday: OfFft »10 2 3/4 2 1/2 I -monrti 4 1/4 4 I 2-monrti 4 1/4
      61 words
    • Article
      Lock icon Simex/IMM
      512 12 BA Futures SEPTEMBER garodoiai yesterday opened sharply lower at 01.80 following sharp loeses on Friday. Prices initially finned to 01.84 on short-covering but renewed selling pressure from a still bearish market saw prices drifting off to a low of 01.74 on rumours of US diecount rale increese soon. The
      BA Futures  -  512 words
    • Article
      Govt securities market
      46 12 Treasury bills (most recent mutt) Issue code Maturity Yesterday's yield md arm BQ ***** X 13.8.87 2.00 1.95 Singapore government bonds Issue Coupon Maturity Indicative Yield code rate closing (offered; price rate) 1 N*****0H 5.375 15.5.1992 100.55- 5 2a 100.75 Source: DBS Bank
      46 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      329 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 and IN THE MATTER OF NATIONAL MARINE ENGINEERING PTE. LTD. (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of NATIONAL MARINE ENGINEERING PTE. LTD. doly held and oonvened at 36. Phillip Street #02-00, Singapore
      329 words
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      Page 12 Advertisements Column 2
      356 12 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 50) AND IN THE MATTER OF ASSOCIATED BUILDERS (PTE) LIMITED (In Memberi' Voluntary Wtnding-Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act, Chapter 50, a Final Meeting of the Members of the Company
      356 words
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      Page 12 Advertisements Column 3
      253 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 188 AND IN THE MATTER OF GOLDEN GULF JEWELLERY (S) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company held on 27th day of April 1967 at 150, South Bridge Road, #04-02, Singapore 0105, the following Special
      253 words
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  • SHARE INFORMATION
    • Article, Illustration
      Selected trustee stocks lift prices from day's lows
      4294 13 CONTINUED profit-taking of recent high-fliers alternated with fresh purchase orders for laggards on the stock market yesterday. Thanks to last-minute buying of selected trustee stocks, prices were slightly lifted from their day's lows and at the finish, rising issues outstripped falls by
      4,294 words
    • Article
      Chief price changes
      251 13 SINGAPORE Rises Indices may 18 1 c Mo, 15 505 47 8T Composite 1074.24 1069.27 Shall U O 1 550 30 ST 06/OS 153 197 550 20 bt Cadi -5918 -5889 H Uong Credit 350 16 IT 10-doy MA -6045 -6025 11** 50* 144 16 •T 06V
      251 words
    • Article
      Business done on the SES
      4875 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo *****1 (23 163 (7) 164 HOI 162 131 160 161 161 15) 162 (26) 163 US 165 (211 164 AJcom 079 S) 111 077 111 080 (15) 078 15) 079 151 078 Amai SM 50« 12 42 B 243 S)
      4,875 words
  • Page 13 Advertisements
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  • COMPANY NEWS
    • Article, Illustration
      The waiting drags on for Genting
      1239 14  -  From FLORENCE CHONG SO NEAR YET SO FAR. This must be how Tan Sri Lim Goh Tong feels right now as he waits out yet again for the outcome of the bid by Genting International to clinch the licence to operate what is Australia's
      1,239 words
    • Article
      Business done on the KLSE
      3016 14 BID ud Oder prim officially Hated and bustneas in and reported to the Kuala Lumpur Stock Ezchaage yesterday, with tfee number of sharea traded Aon la brackets la lots of 1.000 units nnleas otherwise specified. MOUBTBIALB Am (—t 058S) «J Alea NUf t—l Akom ms»
      3,016 words
    • Article
      Selected indices
      124 14 HONGKONG Hongkong Index Mondoy 1858 22 Friday *****0 Week ago *****0 Hang Seng Index Mondoy *****5 Friday 2872 19 Week ago 2846 93 All Industrials Monday 2584 5 Friday 2589 8 Week ogo 2546 4 NEW YORK Dow Jones Friday 2272 52 Thursday 2325 49 Week ogo 2322
      124 words
    • Article
      Rally slows down on the Kuala Lumpur market
      464 14 SHARE PRICES on the Kuala Lumpur stock market lost some steam yesterday and ended on a mixed note in active trading. Selected counters, however, recorded hefty advances. Stags of Dreamland Holdings were rewarded with one of the beet capital gains as the
      464 words
    • Article
      Unit trusts
      259 14 Managers' pricas MARA-Bumiputra for May 19 First B'putro 643 648 Singapore Unit Trust Socond I'putro Third B'putro 577 468 502 473 Th* CoMwfct 1 08 1 15* Fourth B'putro 543 540 Th* Savings Fund 095 101 Filth B'putro 342 347 S'por* Frog Fund 045 0 40* Sixth B
      259 words
    • Article
      Lock icon FACB signs letter of intent with Chinese company
      217 14 MBT FIRST ALLIED CORP (FACB) has signed s letter of intent with the Dslisn Salt and Management Bureau Corp of Chins to develop the potential of prawn squaculture. exploit msrine resources and move into downstresm processing of squstic and marine products. Mr
      MBT  -  217 words
    • Article
      DIVIDENDS ANNOUNCED
      1347 14 Corn* b Books Mi ToM tar Total tar payment dtae ctooo pay*ta tao year tool year A 1 N 13*% NYA NYA NYA 27% 27% A tiOnwIwi 2%W Jun 5 Jun 17 Jul 3 5% 22% Acmo '%TE NYA NYA NYA '%TC 4%TE Amcol 10% May 24 Jun
      1,347 words
    • Article, Illustration
      Lock icon Keppel plans Manila listing for Philippine operations
      386 15 tcmiog mm... HOCK LOCK SIEW DIVERSIFIED KEPPEL GROUP is getting enthusiastic about overseas listings Last month the group's property, shipping and energy subsidiary. Straits Steamship, announced that it would be seeking a listing Down Under for its Australian operations. The company said that
      HOCK LOCK SIEW  -  386 words
    • Article
      Lum Chang may list combined hotel interests in Singapore
      327 15 CUM CHANG HOLDINGS Ltd has Raised the possibility of a listing of its combined hotel interests in Singapore. The other two countries being considered are Australia and Hongkong. J The company has interests in four hotels. They include two in Australia:
      327 words
    • Article
      Tibs ends year with $4.42 m profit
      413 15  -  By HOMER CHEN SHAREHOLDERS of Trans-Island Bus Services Ltd have reason to be pleased with the transport company's first-year results as a publicly-listed company. Higher ridership stemming from the growth of Yishun New Town and lower operating costs have led to a large
      413 words
    • Article
      Lock icon AMMB plans more investment funds
      315 15 Bernama ES SPURRED BY the success of the recent listing of Malaysia Fund Inc on the New York Stock Exchange, Ar-ab-Malaysia Merchant Bfrnk (AMMB) has started work to launch similar investment funds in Japan and Europe. AMMB managing director Datuk Malek Merican said the bank
      Bernama ES  -  315 words
    • Article
      Lock icon MBf group studies listing of country fund in Australia
      640 15 NST THE MBf GROUP is studying the possibility of listing a country fund for Malaysia on the Australian stock exchange similar to the Malaysia Fund recently listed on the New York Stock Exchange, according to managing director Datuk Loy Hean Heong.
      NST  -  640 words
    • Article, Illustration
      Bid to oust Chongs from Landmarks Holdings board
      772 15  -  EGM called to vote on resolution next month By ALAN LEE THE CHONG FAMILY headed by patriarch Tan Sri Chong Kok Lim, who is the controlling shareholder of publicly-listed Landmarks Holdings Bhd, is under siege. A group of financial institutions and nominee
      772 words
    • Article, Illustration
      Growth prospects likely to remain weak: Esso M'sia
      412 15 ESSO MALAYSIA Bhd is cautiously optimistic about its prospects in the current yesr. Outgoing chairman Gerald Cox says in his latest snnusl sddress to shareholders that given the current market outlook for both crude and product prices, the results achieved last year
      412 words
    • Article
      Three OUB subsidiaries boosting paid-up capital
      111 15 THREE wholly-owned subsidiaries of Overseas Union Bank Ltd are increasing their paid-up capital to cater for expansion and growth and to bring their capital more in line with the scale of their operations. Securities Investments Re Ltd has increased its paid-up capital to $20
      111 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      30 14 «SIMBL An association of OCBC and Schroders CHANGE OF TELEPHONE NUMBER With effect from 20th May 1987, our telephone number will be changed to: *****11 Singapore International Merchant Bankers Limited
      30 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      40 15 ■Foreign buyer is interested in buying prestigeous and designer French colognes and perfumes and health and beauty aids for export. •Please contact Harry Gold at Marina •Mandarin Hotel Room 1640, Tel: 338-3388 or telex No. *****44 in Brooklyn, New York.
      40 words
    • Advertisement
      Page 15 Advertisements Column 2
      437 15 PILECON PILECON ENGINEERING BERHAD (Incorporated in Malaysia) AUDITED ACCOUNTS For th« ytor *nd*d 31st Dtcsmbtr 1986 The Boord of Directors are pleased >o announce the audited results of the Company and of 4m Group for the year ended 31st December. 1966 IW IW JOOO sooc 103.873 165.560 75,816 61.738 Profit
      437 words
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  • Article, Illustration
    More Japanese companies come a-knocking
    431 16  -  Supporting industries in pursuit of big customers By LOH HUI YIN JAPANESE COMPANIES, scrutinising their bottom line after foreign exchange losses stemming from the yen's high value, are hastening their plans to relocate production overseas. This is evidenced by the growing number of enquiries to
    431 words
  • Article
    Stanchart dangles another Visa carrot
    193 16 IN A BID to woo new cardholders, Standard Chartered Bank is waiving the annual fee for the first year for new memberships from April 15 to June 30. Stanchart has been aggressively trying to attract new cardholders in the wake of a move by the
    193 words
  • Article, Illustration
    Lock icon Conflicting claims by Rabuka, Ganilau
    455 16 UPI IN A CONFUSING TWIST on the fifth day of a bloodless coup, takeover leader Lieutenant-Colo-nel Sitiveni Rabuka announced yesterday that he had been sworn in by the Governor-Gener-al of Fiji to head a new government only minutes after the Governor-General denounced the military regime.
    UPI  -  455 words
  • Article
    Lock icon Thai exchange to introduce takeover code
    207 16 Reuter THE SECURITIES EXCHANGE of Thailand (SET) expects to start enforcing a takeover code this year to give small shareholders fair treatment in any future hostile corporate takeovers. SET assistant vice-president Suthichai Chitvanich said yesterday that the exchange was drafting takeover rules, including provisions
    Reuter  -  207 words
  • Article
    Lock icon Some Japanese firms unscathed by sanctions
    492 16 AP MONTH-OLD US PENALTY tariffs on some Japanese goods have had little impact on large Japanese firms that have built up inventories in the US or that make the products there, Japanese government and company officials said yesterday. However, other companies with little inventory
    AP  -  492 words
  • Article
    Lock icon Tokyo seeks to cool Chinese anger
    122 16 Reuter JAPAN yesterday sought to cool mounting Chinese anger over lopsided trading relations and prevent a dispute over a student dormitory damaging bilateral ties. Japanese officials promised at a meeting in Tokyo of the Japan-China Mixed Committee on Trade to do their best to
    Reuter  -  122 words
  • Article
    Lock icon NZ business confidence in decline, says institute
    118 16 Reuter BUSINESS confidence in New Zealand is falling and the outlook for the services sector is negative for the next six months, the NZ Institute of Economic Research has said. The institute said that a survey of business opinion for the March quarter
    Reuter  -  118 words
  • Article
    Dhana's hope
    54 16 FOREIGN MINISTER SDhanabalan said yesterday he hoped the differences between Prince Sihanouk and the Khmer Rouge could be resolved, reported SBCText. His remarks were in response to recent attacks by the Khmer Rouge on the Prince s forces and the Prince's decision to relinquish his post as leader
    54 words
  • Article
    Lock icon Government grossly overstaffed, says Deng
    176 16 Reuter CHINA'S leader Deng Xiaoping said in speeches published yesterday that the government was grossly overstaffed at all levels and must be more efficient for China to catch up with the rest of the world. But he said that the leadership of the Communist Party
    Reuter  -  176 words
  • Article
    Lock icon Death toll on US warship hit by Iraqi missile rises to 28
    598 16 Reuter AP THE DEATH TOLL on a US warship hit by an Iraqi missile in the Gulf rose to 28 yesterday when 25 more crewmen were found dead in a fire-ravaged portion of the ship, the Pentagon said.
    Reuter; AP  -  598 words
  • Article
    Lock icon Comex gold and silver
    84 16 Reuter COMEX GOLD FUTURES dropped on scattered selling yesterday morning following a lack of reaction to news of the missile attacks by Iraq on the US frigate Stark. Gold for delivery in June was off US$O.7O at U*****.50 an ounce. Silver futures dropped Pack to unchanged
    Reuter  -  84 words
  • Article
    Lock icon Dow Jones lower
    67 16 Reuter THE same inflation and interest rate concerns that positioned the market for its fourth biggest single session decline last Friday, pulled Wall Street stocks lower yesterday morning. A weak bond market underscored the bearish sentiment of stock investors. The Dow Jones Industrial Average, down 53 points
    Reuter  -  67 words
  • LATE FILE
    • Article
      Lock icon Group of 77's declaration
      52 16 AFP CUBAN Foreign Trad* Ministar Ricardo Cabriaaa aaid yesterday that the davaioping countriaa, known aa the "Group of 77". had adopted a declaration on thair goats "in a context of international economic criaia" In advance of the seventh Unctad ministerial meeting slated next July 9-31 in
      AFP  -  52 words
    • Article
      Lock icon Nguyen in talks with Gorbachev
      39 16 Reuter VIETNAMESE leader Nguyen Van Linh arrived in Moecow yesterday for talks with Soviet leader Mikhail Gorbachev expected to focus on the Vietnamese economy, Soviet aid and Cambodia, said the official news agency Tass
      Reuter  -  39 words
    • Article
      Lock icon Seoul replaces two ministers
      34 16 Reuter SOUTH Korean President Chun Doo Hwan replaced two government ministers yesterday but retained the rest of his 22-member Cabinet, including Prime Minister Lho Shin-Yong, said a presidential spokesman. Reuter
      Reuter  -  34 words
    • Article
      Lock icon Philippine coup suspect killed
      35 16 Reuter A PHILIPPINE army sergeant held after a coup attempt against President Corazon Aquino was shot dead by a guard while trying to escape, said the atate-owned Philippine News Agency yesterday.
      Reuter  -  35 words
    • Article
      Lock icon Hongkong ICs will be recognised
      58 16 Reuter CHINA will recognise Hongkong identity documents after it returns to Beijing's control in 1997. The New China News Agency yesterday published a memorandum issued jointly by the British and Chinese governments which said that holders of the identity cards could continue to use them
      Reuter  -  58 words
    • Article
      Lock icon KL businessman's sentence cut
      51 16 AFP THE Malaysian Supreme Court yesterday cut by half an eight-year jail sentence for breach of trust given to Abdullah Ang, who hseded Malaysia's first Japanesestyle trading company. The three-judge court also set aside a fine of Msloo,ooo which had been imposed by the High Court
      AFP  -  51 words
    • Article
      Lock icon Prospects for manufacturing
      39 16 Bernama THE Faculty of Economics and Administration of Unrversiti Msiaya is conducting a survey on the 1967 Malaysia manufacturing future. According to a UM statement yesterday, the survey covers information vital to the country's 1,000 manufacturers.
      Bernama  -  39 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      127 16 Join #is major brokerage wins, DanKs ana oiwsmeo tv sMfcrttons in subscribing to the most advanced Computer Charting Sarviot tor investment anriysis and dadatorvmakino. OMrTMMTIC is an indispensable software todtor conducting technical analysis to support fundamental data research. Complete with historical data tar afl counters traded on the SES, you
      127 words
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      Page 16 Advertisements Column 2
      12 16 Chinsso paper hits out at officials who opposo economic reform, Pag* 4
      12 words
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      Page 16 Advertisements Column 3
      232 16 Shipping TbnM, Page N Computer Fraud. The Danger Signs 25 June 1987 Westin Plaza Hotel Bras Basah Room Purpose of Seminar Computer fraud is a risk that exists in most business organisations using computers. Some organisations have already fallen victims to it. More can be victims too unless the risk
      232 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      51 16 Outlook: Showers over a faw area* in the afternoon Report lor 24 hours prior to 7.30pm on May 18 at tha airport: Maximum temperature 32.2 Aaaoclated humidity 87 Minimum temperature 25.4 Aaaodated humidity 89 Hours of sunshlna 10.45 Rainfall in millimetres nil Rainfall this month 228.2 Rainy days this month
      51 words
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  • SHIPPING TIMES
    • Article
      Singapore yards negotiating more shipbuilding contracts
      425 17  -  By SHAHRIR ARIFF MORE SHIPBUILDING jobs are in the pipeline for Singapore yards. Marinteknik Shipbuilders, fresh from delivering two catamaran crewboats to Malaysian International Shipping Corpora- tion last week, is negotiating a contract to build four high-speed passenger vessels for a Hongkong company. Mr
      425 words
    • Article
      Scan Dutch's seven vessels will be drydocked in S'pore
      237 17 SEVEN VESSELS from the Scan Dutch consortium will be serviced at Singapore shipyards in a major drydocking exercise this year. According to the latest issue of PSA News, Singapore was picked when Scan Dutch found that it offered the most attractive
      237 words
    • Article
      Lock icon Bangladesh plans to expand fleet
      137 17 Reuter BANGLADESH plans to double the size of its commercial shipping fleet by 1900 to lessen dependence on chartered veesels, Bangladesh State Minister for Shipping Ziauddin Ahmed said. The strength of the Bangladesh Shipping Corporation (BSC) roee to 20 vessels with the arrival of a
      Reuter  -  137 words
    • PORTSIDES
      • Article
        Api, Api becomes a showpiece
        82 17 API, API has become a museum showpiece after being restored and preeerved at Jurong Shipyard. The display site for the Api Api has not been fixed. According to Eric Alfred, curator of the PSA Maritime Museum, "we need a site which is near to the
        82 words
      • Article
        Lock icon Bunker adjustment factor
        100 17 Reuter THE AUSTRALIA-Weet India and Australia-Sri Lanka Outward Shipping Conferences will raise their bunker adjustment factor to minus 6.70 per cent from minus 9.81 per cent from June 18. The Japan/India-Pakistan-Gulf/Japan Conference will also raise the bunker surcharge on Hongkong to Pakistan and India shipments to 222
        Reuter  -  100 words
      • Article
        More bodies recovered in Yangtze
        84 17 ANOTHER 13 bodies have been recovered from a ferry that sank in the Yangtze River on May 8, lifting to 99 the number of people killed in the accident, the New China News Agency (NCNA) reported. NCNA, in a dispatch from Nanjiang, said one crew
        84 words
    • Article
      Lock icon Kuwaiti-chartered Soviet oil tanker strikes a mine
      431 18 AFP NYT THE FIRST Soviet oil tanker chartered by Kuwait in an effort to protect Persian Gulf shipping from Iranian attack struck a mine on Saturday, the press agency Tass reported. The 38,792-ton Marshal Chuikov was being towed into port on Sunday with
      AFP; NYT  -  431 words
    • Article
      Lock icon Garbage barge awaits outcome of legal and political wrangles
      567 18 NYT AFTER MORE THAN eight weeks of wandering in the Caribbean and up and down the east coast in a futile search for a final resting place, Long Island's outcast garbage was anchored off Brooklyn, NY, on Sunday, awaiting the outcome
      NYT  -  567 words
    • Article
      New member of Oakland board
      66 18 CAROLE WARD Allen, an active participant in community affairs has been appointed a member of the Oakland Board of Port Commissioners. Allen is a director of community relations and assistant to the president of Laney College, Oakland. The seven-member Oakland Board of Port Commissioners oversees
      66 words
    • Article
      Lock icon A case of mistaken identity, say American officials
      500 18 AP Reuter A TUGBOAT towed the smouldering USS Stark towards port in Gulf yesterday after a missile tore into the ship, killing at least three crewmen in the first attack on an American warship in Iranian-Iraqi war. US officials in Washington said
      AP; Reuter  -  500 words
    • Article
      Lock icon Association sets up fund for suppliers
      177 18 Fairplay THE INTERNATIONAL Ship Suppliers Association has set up a special fund to «Mist its campaign to ensure suppliers retain the right to arrest ship for non-payment of bills. The establishment of the fund follows a decision by the ISSA's Board that the discussions
      Fairplay  -  177 words
    • Article
      INDEX TO ADVERTISERS
      636 18 ABShpg V s ABC Container VM 1 Accord Shpg VI 3 Africa Oceon X 1 AHtrons v« 3 Anro Service IV 2/3 ANl 1 \n A PC I in* V 4 An M 2/3 Asa m 1 Bolt Conodo lin* VI 4/5 Bolt-Orwot lm# w 4/5 Bonk
      636 words
    • Article
      Lock icon More complaints against Queen Elizabeth 2
      278 18 AP THE NEWLY REFITTED Queen Elizabeth 2 returned almost three hours late on Sunday carrying passengers complaining of flooded cabins, broken beds and no heat on their week-long cruise to the Canary Islands A spokesman for Cunard, the vessel's owners, said the delay was
      AP  -  278 words
    • Article
      LONDON FREIGHTS
      1131 18 CHARTERING was largely restricted to the grain and time-charter sectors of the London shipping freights market on Friday, with the lower featuring very little business on the major trading routes. From the US Gulf to China, Chinese charterers paid U5524.50 for 30,000 tons of grain, while from the
      1,131 words
    • Article
      CONSORTIA
      173 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Quit, 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
      173 words
    • Article
      Greece, USSR sign protocol to bolster shipping cooperation
      162 19 A PROTOCOL to increase cooperation on shipping has been signed between Greece and the Soviet Union after a three-day meet in Athens. Mr Igor Averin, head of the foreign affairs section of the Soviet Ministry of Merchant Marine, who led the Soviet
      162 words
    • Article
      Evergreen Line to develop major shipyard
      430 19 EVERGREEN LINE, the world's biggest container ship operator, is to spend NT$lB billion (US$55O million) on developing a major shipyard and heavy industrial complex in central Taiwan. Provisionally titled Evergreen Heavy Industrial Corporation, the enterprise will be located either in the Taichung Industrial Zone
      430 words
    • Article
      Lock icon Many West German yards likely to go bankrupt
      218 19 Fairplay THE WEST GERMAN shipbuilding industry is suffering its worst crisis. More than 90 per cent of the 47 shipyards on the North German coast will go bankrupt without immediate help from Bonn, West Germany's IG Metal trade union said. Local union
      Fairplay  -  218 words
    • Article
      Lock icon Damman installing ship unloaders at new terminal
      145 19 CargoNews Asia THE DAMMAN Port Authority of Saudi Arabia will install an Italian made continuous ship unloaders at a new cold store terminal being built at King Abdul Aziz Port. The continuous unloaders will replace conventional dockside cranes, thereby speeding up productivity and
      CargoNews Asia  -  145 words
    • Article
      Corrections and clarifications
      88 19 IN YESTERDAY S Shipping Times report "More details on tariff rebates for port users", the new removal charges for movements within Keppel Wharves, Tanjong Pagar Terminal and Marina Wharves were giyen as $70 for a 20-ft container and $90 for a 40-ft container, after a 25 per
      88 words
    • Article
      Lock icon TANKER RATES
      223 19 AFP RATE levels remained steady in the majority of loading zones on the tanker market during the past week, when consumers appeared to be taking advantage of more abundant supplies in order to replace oil stocks while the market is firm. Many very large (VLCC) and ultra large
      AFP  -  223 words
    • Article
      Sea Containers incurs US$12.9m net loss
      254 19 SEA CONTAINERS, a container leasing and ferry operator, turned in a firstquarter net loss of US$l2.9 million 41 per cent improvement over the same period last year. Revenues were U*****.6 million, up 8 per cent from the U*****.4 million generated in the first quarter
      254 words
    • Article
      SHIPPING LIST where your ships are due... and when
      8592 24 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
      8,592 words
    • Article
      SHIPS IN PORT
      515 25 AT CONVENTIONAL WHARVES V,M Sarlh Arrival Dapartura KEPPEL WHARVES J®"** K2I olongside 1906/1830 uo *22 olongside 1905/1100 Joocheng K29 olongside 24 05/2300 Kolo Woruno IC3I alongside 2205/0600 lin Petaling 3 K20 alongside 1905/0*00 no ok>ngs«Je 20 05/1500 longhuoihon K33 alongside 24 05/0600 Thoe«Movereft K19 olongs4e 2006/1800 Toaoh
      515 words
    • Article
      CONTAINER SCHEDULES
      896 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdn* FCL Ship Voy Arrival LCL movament date/time Operator cargo schadula Location K Jocejin 38E 19 0587 1600 Crown M F5A 0700-0800 El R2 Pelopor 240A 19 0587 1600 Bousteod F5A 0700-0600 IG Bridge 51E *****7 1800 Kawasaki F5A 0900-100
      896 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      761 17 Hsw S.E. Asia ■net tfce logical West HILARIOUS. TRAGIC. DANGEROUS. w Sirf* 1 Available at all Good Bookshops STP Distributors t j»»«m MM hom M» I 23*1 mol to. fUMnn, lyu OHjEMT OVHgßtt C%ntzim\ Line NORTH JMFRiCA Afl ANTIC FXPRfSS (ROUND THF WORID ROUTING^ wm a jAMMM mmm mocks a**.
      761 words
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      Page 17 Advertisements Column 2
      76 17 mip± A TUGBOAT towed the smouldering USS Stark towards port in Gulf yesterday after a missile tore into the ship, killing at least three crewmen. P«g« II EVERGREEN LINE, the world's biggest container ship operator, is to spend NTS 18 billion (US$55O million) on developing a major shipyard and heavy
      76 words
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      Page 17 Advertisements Column 3
      928 17 im*r I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. fte Ltd. TEL. *****33 LINE WEEKLY TO EUROPE SINGAPORE/ ROTTERDAM 18 DAYS Yor B>ore Tha wmk Ander* M Cto«ng Tana CY 20* 2300 MBS CFS 20/5 1300 MRS
      928 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      369 18 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL ACLAIA 7 SCAN VENTURE SOCRATES TBN TBN TBN TEL: 03-*****50 MALAYSIA SON. BHO. TLX: ***** MTM Frt. Booking contact Miss Gan VNG S PORE LOO. FOR Bangkok--Hanila-Hongkong-Kaobsiung Bangkok-Kaobsiung-Monfksng-PiMaii-Oiaka Kaohsiung-Keelung- Busan Further load/ discharging ports en route subject to sufficient inducement. Singapore Office: MTM S pore
      369 words
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      Page 18 Advertisements Column 2
      18 18 Lines and services represented by Members of the Registry of Accredited [5 Shipping Agents, Singapore National Shipping Association
      18 words
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      Page 18 Advertisements Column 3
      190 18 SENATOR LIMIC TEL: 534-1477 TAX. 532-4023 OUTBOUND TO NORTH AMERICA ASIAN SENATOR EF ne| 25.Q5 30 05 BB BB I (7 0S EUROPEAN SENATOR EF 781 2MS MB I 278 I BJI I 82 87 DUTCH SENATOR EF TBI B.V 8.87 U. 87 14.87 IIJ7 I BJ7 ACCEPTING CARGO TO
      190 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      874 19 The Straits Steamship Group i Mansfield Container Shipping PteLtd F&OCL p&o Containers Limited *Ai i W I STRAITS SHIPPING Singapore to Sibth, Sarawak, Brunei Porta and Bangkok COHTAWERSHP SERVICE TO UK/CONTINENT: PEGASUS PflIK M PEGASUS PRIOE VWN S'PCRE rKM in Pwi-a May no m* %-v My »a May BANGKOK BORNEO
      874 words
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      Page 19 Advertisements Column 2
      708 19 CHARGEURS RE UN IS m (MED CLUB MEMBER) ►T'T.inini:*ii.iTO fil l ffifflTTTim »Apr 2M* I*r BMr *Apr 8 Apr 7M* Uk| Z7 Mtr MM* U fey M Iky IS toy 4)m n a* m a n ujw C* DOUALA 01 AftDJAN LOADING DIRECT FOR: LA-KUMM P.NONK P.OCWTIW UNCVKLE OOUALA COTONOO
      708 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      289 20 CONTAINERSHIP SERVICE TO UK/CONTINENT CONV SEMI CONTAINER SERVICE TO EUROPE CONV/SEMI CONTAINER SERVICE TO MED EUROPE SP PK PEN TRIES LEX BILBAO HK HAVEN MB JYTTESKOU 22/5 lt/t tilt 4/7 M/ 7 W CONTAINERSHIP SERVICE FROM UK CONTINENT Agents Singapore *****66 K. Lumpur *****25 Booking *****78 P. Kelang *****18 Freight
      289 words
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      Page 20 Advertisements Column 2
      513 20 I P«: *TuM» JCS.LINE fM i r,tm FULLY CONTAINERISED SERVICE [10 EUROPE VIA SUEZ 1 Mfmbfr ol ,hf cr Cwiw,,um CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL INOON S PORE LOADING FOR HAISBON TVS DUBAI. DAMMAM. KUWAIT GEN AGENTS CROWN MARME CO (PTE) LTD TEL: ***** M IB UnM) FAX NO:
      513 words
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      Page 20 Advertisements Column 3
      403 20 K&S LINE JAPAN/HONG KONG/STHAITS StHVICt SANKYO LINE (S) PTE LTD. 143 Cffrf Stiff! .(*lO 01 (jB pox" 0106 IH Poet Itfj Pmj Srtn Hhd let 03 *****. 1 4 b P»- m{ Mjljysu liad* I Inmpor! ltd lei 04 61 7(193 Pl<.ir u tidjn( MiUywn St*ppmf *f»nrifs Sdn Rhd Tel
      403 words
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      Page 20 Advertisements Column 4
      870 20 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC'EURO/FE) tvtl GLEAMT In fort 2*5 27/5 2*5 EVE* LAUREL 27/5 31/5 2* u EVER GENIUS Vfi EVER GATHER 1/1 7/1 M 11/* EVER CUIDE 1M 14/ C ll* I*l EVER LIVING 17S 21* 21* 25* EVER GLORY J/7 *7 11/7 EVER LINKING 1/7 I*7 I*7
      870 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      778 21 PACIFIC INTERNATIONAL LINES \\p\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT OOWA HOT A SStGA SIN JKT 25/5 17/5 7 M 20/5 22/0 SSY SIN 20/5 2/6 11/0 1M 2M HKQ KAO KEE tit io/6 1M 21/0 237 V in *n
      778 words
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      Page 21 Advertisements Column 2
      766 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT HAVEN ROAM MAVDE EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAVEN R DAM HAVRE STON P KLANC S PORE FM Saila* SwM S«M biM 22/5 O/i mt.HA SaiM Siilod SaM SaiM 21/5 TK. KB SaiM SaM Sa>M SaiM 31/5 1* HKG. U SwM bw
      766 words
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      Page 21 Advertisements Column 3
      546 21 D J AS AGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES i ui aniji VESSEUVOY MATARAM/11/WB PALEMBANG/6WB EMMA F/ICH-WB KUTAI/12WB ANTWERP BILBAO BREMEN A DAM/R DAM H BURG 11/7 15/7 up up up 25/7 29/7 31/7
      546 words
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      Page 21 Advertisements Column 4
      426 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penanf Bangkok HTONEYWA V224W 20/22 May PAGAN VU3W In Pt/lS Hay 1 'PAGO IVIS I PA-AM VUIW »2» May Loadinc (or Europ* BANK LINE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE ROAM HULL
      426 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      704 22 kL K"UnE SHIPPIfIG DfiTPl ATLAtITIC COAST (Round-The-WorW Service) 0. FORTUNE V 3 N. J ADC V 7 0. FAIR V 3 RAINBOW BRIDGE V 7 FEEDER VSI K. JACEJIN V3SE 0. FORTUNE V 3 N. JADE V 7 ww.'V'V'. \V V. H i PACIFIC fIDRTH -UJEST FEEDER VSI SP MOTHER
      704 words
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      Page 22 Advertisements Column 2
      250 22 U .1 OcwpMm LCL and South Africa containortMd citqom Dlract to NAYAKAWA MAftU 3032F S.A. VAAL 3MF U VAAL 2738 C NEOLLOYD COLOMBO 2BK Spore Durban P.Cltz C.Town *fi 1* M 10/8 ii/i a£ a* hh C.Town Ovrten SM SW SW Jmra JAR DINE SNIPPING AGENCIES (REG. 242*4/ 00K) 200
      250 words
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      Page 22 Advertisements Column 3
      612 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL CwtWMf INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers wajn PMknf Penanj leetoM tor VISMVA NAT AX VJt (2nd call) II Mer Btoalateaa<Aa t ana RAMOAS v m n»r THEOOORE FONT AW V OSN 22 Hay INDIAN COUftK* VJM 2S Nay MaltMMHIi 10. ANDNRA PRADESH
      612 words
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      Page 22 Advertisements Column 4
      658 22 GOLDEN LINE M&GNi GUM GUM) SHPPWG (PTE) LID V 21. Ttf* »T» IP T -s smunm tm la vmmi (ituoi STRAITS/PERSIAN GULF SERVICE: ypor* PMa^Pana GOLDEN HARVEST Colombo Krachi/toina QaOoo* DuD»i2s/2» May GOLDEN HAVEN Cotombo/KaradM/Mujeat/Bahfaw M/K Jun •nil tm KM Sjk M LINCQUANHE 21/4 22/4 Z7/4 1/5 *5 11/5 11/5
      658 words
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      Page 22 Advertisements Column 5
      371 22 ro rnuiiKun >nirtini, Pbfii tit lit' PHIII ORIIHI IMS RTF I TP Hlir MUM B"*N- ON f»0«' lie I >l ptjiinw, 'IN* IP'ifF '■> »i f Mill PS ?0 PHI! Ki 7 t s6'(EAST/FAR EAST FCL LCL SERVICE VESSEL ETA SINGAPORE EAST/WEST AFRICA/MED PORTS SERVICE in mi," V-"'* T*T ■.11'
      371 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      713 23 NOL NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTD FE EU/AUST TMWLA T«rnwm< CFS BOOKINGS ******3 nSu *****22 *****53 gg» gg* NEPLINE SON BHD. MH NEPLINE SON BMO. »l«3 NEPLINE SDN BHD amnKTmitiminvm NEPLINE SDN BHD. 23M4W3W1 M MlOtt ■>+. A CONCOKO W ■AT MtOCE m LC BRIOCE S»._. 0
      713 words
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      Page 23 Advertisements Column 2
      489 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON Vtutl'i Nam* M EntarprtM/710N No 7 Donam/7MN No I Donjm/TNN No i oona<n/706N No J oonam/7MN M Entorprim/711 N No 7 IDonam No I Donam/705N S PORE AGENTS NEPTUNE AGENCIES PTE ITD Tol 2roU2 t 77»*34
      489 words
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      Page 23 Advertisements Column 3
      686 23 swsov 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 ***** P KELANG M/S HANDLING SYSTEM CO SON WO No 14 Joton Cunatfi. Port KoMi*. SoMneor. MMm T«t
      686 words
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      Page 23 Advertisements Column 4
      49 23 FERI MALAYSIA SDN. BHD. 'iiN-JiNIP PHIIHISfD WfKIV SfRVICF TO iIANi 6N PIIC.HiNG KINABAIU SISO ACCEPTING SHf PPIVfN HMVY WHICIES rlftfl CRU 19, Kappai Rood #05-02/03 J* Mi Mdhg Spor. 020* T«ii *****34 (5 Urn*) Tbu K ***** SCAJfO Fox. *****25 g Agw* IMi. ft* Ltd T«ti *****55 (5 Una*)
      49 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      402 24 SINGAPORE SHIPPING CORPN.(PTE) LTD. TEL. 225 6868 (30 LINES) tELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD VEB DEUTFRACHT/SEEREEDEREI ROSTOCK TTfi ji|| 11 f.i KM j A I r r-'M.' j •VIA COLOMBO Accepting cargo lor Bombay, Cochin I Madras -VIA LARNACA: Accepting cargo lor Piraeus, Thessaloniki, Izmir, Istanbul.
      402 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      166 24 12 20N of £i Regional Weather SS J *A Wj ft .5 i I 55 JB 52 w 0* Is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °c CT'" Wind direction with speed in knots R Thunderstorm Temperature °C Shower Weather r/ Wind direction with speed in
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      238 25 mil CALL us t.w PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B. BUTANC 341 B. BUTANC JO rcr TT7i MTHR VSL TOY AHA 150 P PERMAI Id KORRIGAN 171 P
      238 words
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      Page 25 Advertisements Column 2
      297 25 4 i ■■'.7ZZ vmmrmjai ni'mwu a*» Scan Dutch tf TO EUROPE (UK-NORTH CONTINENT-SCANDINAVIA) WEEKLY I. SwUni/* Bhum I. Butanf/R Bhum 11/5 U/5 an ms 14/5 IVS a/5 a/5 *5 27/5 yi M I. BuUnf/H Bhum B Butang/R Bhum 13* 10* 20* 17% SaMUMB* Toy—os 4 I. Pera»i/ia* ImWUI Pacific SumMnt^lM
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      426 26 FARGO SHIPPING COMPANY<PTE)LJO! REGULAR EXPRESS FULL CONTAINER AND LCL SWVICE INBOUND AGENT FOR ABC CONTAINERLINE From UBA/Canada/Europ*/M«dH*rran«an 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49 ACCEPTING FCL/LCL BREAKBULK TO: LAGOS/ APAFA, PORT HARCOURT, WARRI, CALABAR, SAPELLE, TEMA,
      426 words
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      Page 26 Advertisements Column 2
      311 26 SAILINGS EVERY MONDAY OUTBOUND VESSEL TOYAMA 19 B. PERMAI 10 KORRIGAN 171 JUTIAKWA Id CONNECTING VESSEL AT ROTTERDAM FIONIA 711 FIONIA 711 BORINGIA 741 ACCEPTMQ CARGO (LCL FCL) FOR: DAKAR, FREETOWN, MONROVIA, ABIDJAN, TEMA, LOME, LAOOE DOUALA Singapore Agents. HAKKI MM! DARBY SHIPPING P!l III) Ifl YiSIOHB S3b.\l.'h TAGAMA VIN
      311 words
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      Page 26 Advertisements Column 3
      165 26 Ta *A INTRANS DISTRIBUTION SERVICES PTE LTD Tel: *****33 Tlx: RS ***** Fax: *****79 INBOUND REGULAR FCL AND LCL CONSOLIDATION SERVICES FROM TOKYO KOBE ROTTERDAM OUTBOUND REGULAR LCL CONSOLIDATION SERVICES TO BANGKOK HONG KONG ROTTERDAM FCL/LCL SERVICE TO USA (EAST/WEST COAST) VA EUROPE FAR EAST/CHINA M sia agent S pore
      165 words
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      Page 26 Advertisements Column 4
      392 26 r »W<l Mitsui OS K Lines Ltd F" CONVENTIONAL/SEMI-CONTAINER AFRICA MARU VOY SWA26A 28 May Port Loots, Reunion ATLAS MARU VOY. EAA42A 2 Jun Mombasa. Daressalam. Tanga SUBJECT INDUCEMENT AFRICA'S 1 r NO t HIMALAYA MARU Rmks: Subject Inducement 11 Jun P. Noire. Ab«d|an. Monrovia. Lome. Contonou. Tema 14 Jun
      392 words