The Business Times, 1 June 1987

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 MONDAY, JUNE 1, 1987 75 CENTS
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  • 547 1  -  But revenue from income and property taxes continues to fall By SOH TIANG KENG, Financial Correspondent THE Inland Revenue Department (IRD) has reaped dividends from the government's crackdown on illegal bookies and gambling. This is reflected in the latest government statistics which show
    547 words
  • 379 1 FT THE US DEFENCE DEPARTMENT is seeking powers to place stringent export controls on advanced semiconductor chips and the equipment used to produce them, a move that could severely damage the international competitiveness of US chipmakers and electronics manufacturers, while also having significant
    FT  -  379 words
  • 211 1 AP THE PHILIPPINE economy grew by 5.53 per cent during the first quarter of this year, the biggeet increase since the recession of 1983, officials reported. Solita Monsod, Economic Planning Secretary, said on Friday that the increase was due to increased investor
    AP  -  211 words
  • 79 1 Reuter HONGKONG punters bet a record HKSSBB million (US$75 million) on the final day of the 1966-87 horse-racing season. They laid out HK5588,750,818 on nine races at the final meeting at Shatin on Saturday. This was more than HK$B7 million above the record set last
    Reuter  -  79 words
  • 319 1 DBS FINANCE ie raising its fixed deposit rales today, joining the United Overseas Bank group which raised its rates last week. The increase by DBS Finance supports the expectation that local prime lending ratee would riee this year. When UOB raiaed its fixed depoeit
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  • 79 1 AP HONGKONG'S leading banks last Saturday raised their prime rate by 0.5 percentage points to 7 per cent The Hongkong Association of Banks, which represents all commercial banks in the British colony, stso announced an across-the-board increase in deposit rstes of one-half percentage point The changes,
    AP  -  79 words
  • 479 1 NYT MOST AMERICANS believe the potential benefits of new genetic technologies to alter biological functions outweigh the risks, according to a poll published by congress. However, the nationwide telephone survey of 1,273 adults, conducted by Louis Harris Associates for the congressional
    NYT  -  479 words
  • 500 1  -  By BOEY KIT YIN THE DWINDLING rubber broking community has shrunk further with the departure of Lewis Peat, a UK-based commodity group. Lewis and Peat, which has been involved in rubber broking and trading since it set up here some 80 years ago, said the
    500 words
  • Page 1 Advertisements
    • 368 1 Need a car or truck loan? (All FOONG 737-7977 Way VAfayfoong Mirtgage And Finance (S) Ltd A hulls-owned suhstdury of I longkongbank 6 Claymore Hill #03-01 Claymore Plau Singapore l»?2 MANAGEMENT THE CHALLENGE of management has always been to find new, ingenious ways to maintain profits. It is from this
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    • 291 1 MARKET REVCWS MONEY ft EXCHAMQES COMMOOTHES AIRCRAFT SCHEDULE WUSTOW CROSSWORDS TV ft RADIO RAISING DOUBT about Its pledge to share more wealth with the world's poor, the Japanese government has reported that Its foreign aid rose sharply last year but admitted the strong yen bought most of the gain. Pege
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    • 155 1 The 7th Asian International Industrial Fair with AIMB7 conference 30 September-3 October 1987 World Hade Centre Singapore Organised by Singapore Exhibition Services Pte Ltd Tel: *****47 BT has a nsw facsimile number *****71. Pleaee use this new line for facsimile transmissions. Because of Atsuko's determination, no other aiiiine can offer
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  • MANAGEMENT
    • 583 2  -  By TSANG SAU YIN, Management Correspondent SCENARIO: The plate heat exchanger market, which has been stable for many years, is about to undergo some fundamental changes. Foreign competition will increase and it will be difficult for local manufacturers to retain their share of the world
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    • 833 2  -  li 4 By BOEY KIT YIN IT HAS BEEN OBSERVED that small companies have a phobia about computers. Not only do the machines appear intimidating and complex for some small firms, they have also spelt money and trouble. Blame for the unfriendlylooking
      833 words
    • 591 2 SKJMK3 TMfe: Simex and the Globalisation of Financial Futures Authors: Dr Robert K G Chia and Doreen Soh Publisher: Times Books International. 1967 Pagas: 150 Price: $12.50 Reviewed by NAJEEB JARHOM THE BEST PART in reading a book comes when the author offers his or
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    • 1236 3  -  Getting In touch with one's feelings is just one of the many exercises managers at a British group are having to try out In a bid to standardise management styles, Cookson Group is putting its executives on a special training programme, reports MICHAEL
      FT  -  1,236 words
    • 926 3 FT A DISGRUNTLED BRIGADE of its daily army of passengers has yst to see the benefit, but British Rsil is changing for the better. Under the electrifying stimulae of a cutback in its government subsidy, a dramatic improvement in the quality
      FT  -  926 words
  • Page 2 Advertisements
    • 270 2 DRIVE FOR SUCCESS You're probably enjoying your success. You probably also know that it's not easy staying or getting there. Well, here's a car that you can rely on to get you where you want, when you want. A car that reflects on your prudent decisions and manifests your taste.
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  • Page 3 Advertisements
    • 113 3 y Y wm" Business Plus. A Class of Us Own. Our business is a pleasure, sheer and utter pleasure. That's why we've added an extra Air Lanka 'tasteof Paradise' to everything tkat is fTpffffrf of Business Class. These are just a few of the touches we've added... priority choch-in, plus
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  • ASIA-PACIFIC
    • 501 4 in RAISING DOUBT about its pledge to share more wealth with the world's poor, the Japanese government reported on Saturday that its foreign aid roee sharply last year but admitted the strong yen bought most of the gain. The announcement by the
      in  -  501 words
    • 224 4 AFP THE NEW PHILIPPINE senate could renegotiate agreements entered into by Praaident Corazon Aquino's government and multilateral lending institutions, a senator-elect said in Manila. Vicenta Paterno, a member of the ruling Laban coalition, Mid the senate would be reviewing the debt
      AFP  -  224 words
    • 409 4 AFP HANQ SENQ BANK'S HKSB2O million (US$lO6 million) land acquisition last week stunned the Hongkong property market as it outbid rivals for one of the last undeveloped sites in the colony's central businees district. Property snalysts said the price paid
      AFP  -  409 words
    • 198 4 UPI SOUTH KOREA has sgreed for the first time to allow domestic salee of foreign cara as part of an import libaraliaation programma to aaaa international trade tension#, the Ministry of Trade and Induatry said. The import of 170 items will be liberaliaed
      UPI  -  198 words
    • 195 4 AFP THE UNITED NATIONS has approved donation of U851.7 million to rahabilitata part of an araa devastated by China's worst forsst fire in 40 years, an official spokssman said in Beijing on Saturday. The aid, in the form of 10,000
      AFP  -  195 words
    • 878 4 ARRIVALS Operator Local From number Mm* SA SQ41 061S MAA IC C555 06SS MAA MAS MH601 0720 tax su S043 otso DHA/BOM MAS MH681 0820 KM Al AM52 0635 80M MAS MH811 0910 PCN MAS MM671 0930 KlU SU SOI 03 09S0 Kid CPA 0(710 1015 CGK
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  • Page 4 Advertisements
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  • REST OF THE WORLD
    • 436 5 AP US TRADE REPRESENTATIVE Clayton Yeutter has praised the six trillion yen (US$42 billion) pump-priming package announced by Japan last Friday, but hinted that Tokyo still has not done its share to help the world economy. With slightly more then a
      AP  -  436 words
    • 421 5 Reuter PRIME MINISTER Margaret Thatcher plans to switch her campaign emphasis from defence to the economy in the runup to the June 11 election aa opinion polla show her Conservative Party ahead though with Labour improving. Two opinion polls published yesterday
      Reuter  -  421 words
    • 533 5 Analysts say April's weakness does not point to major downturn Reuter A SHARP FALL in the United States government's key barometer of future economic activity during April the first decline in three months was discounted by analysts who said it did not foretell a major
      Reuter  -  533 words
    • 360 5 AP COURTED BY the leaders of both superpowers, 2,500 members of the International Physicians for the Prevention of Nuclear War assembled in Moecow to press for a new goal, a total ban on nuclear weapons. "Ws'rs not talking about
      AP  -  360 words
    • 334 5 Reuter BRITISH Primp Minister Margaret Thatcher is like a queen chimpanzee while her ministers are subordinate males who gaze at her with a mixture of fear and devotion, according to s leading body behaviour expert. "I was very struck by the image of Maggie
      Reuter  -  334 words
    • 251 5 AFP A PUBLIC relations campaign from the Reegen Administration to encourage the use of sunglasses, hats and skin lotion for protection against harmful sun rays caused by ozone-de-stroying chemicals was only a "last reeort" position, officials said last Friday. The suggestion drew a
      AFP  -  251 words
    • 179 5 One work death every three minutes reports AP ONE PERSON is killed on the job every three minutes worldwide, but increesing swareneas of work safety is reducing the rsts of fatal accidents. Reports released at a conference held in Stockholm, which ended last Friday, showsd 180,000 people die st work
      AP  -  179 words
  • Page 5 Advertisements
    • 41 5 tunipplt to boost trust In oconomlc pitn, 7 KOYAL HK;hlandl Of I I XK. I H V. (N 12 years old. A Welcome Awaiting. x <3 TEACHER'S ROYAL HIGHLAND i)K l-UXE I'l lADKI) SCOTCH WHISKY 7 y A. I f ft*
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    • 167 5 i H w --v *<? Diamonds Ik )l I I tl H Vh >Vl< 'I I ll ll* >1 I cutting pt-ft<>cti< >i iin<. K r.'.i* iilnu>«l« mi i «111« If< 11 it« r.\ *-ivlm« j lh« -V. jl ll'.lft >|. J\ .'fit »l> >t If. •'II ft icr ft
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  • Page 5 Miscellaneous

  • COMMODITIES
    • 1210 6 Precious metals nervous as dollar fluctuates AFP ATTENTION was focused on currency factors last week when participation in commodity trading was limited by holidays on Monday in the United States and the United Kingdom and on Thursday in several European centres. The dollar s more
      AFP  -  1,210 words
    • 150 6 Chinese Produce Exchange S#tt#n noon doting prto h on Moy 30 (SI/100 kg) Coconut oil ki KM 88 00 Otd drum FO« 1024)0 Now drum KM 98.00 Copra MUod (bow) 50 Pepper Mumok jjfilti KM NIW 1180.00 Mfowai wnnt KM faq NIW 1165i)0 Sorawak iptlol black KM NLW
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    • 54 6 ROTTERDAM Ooring prfcM on May 29 Fata o< crvdt Sumatra/M'»to iilm opOow (USS/mmm) Jww/DK VQOOif 1 Faim ofl MO FO« |M)/tam) Jww/Sap hnov OMi no FO# (MS/tam) Jww una* My/Sap una* S—arfa no Faram M'tta OF taowdawi (M$/tonn«) My/kuq man Fa4m kamri oi OF (M|/*onm) Jww/My 405.00* My/Avg
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    • 209 6 THE PRICE OF TIN on Km Kuala Lumpur ttn market ctoeed at M 516.72 at foe end ol a Ihree day trading week from foe previous week's dooe oI MT16.73. The market was closed laat Thursday and Friday for foe Meri Raya holidays. Turnover for foe
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    • 326 6 London Soto* (1343) Commodity tow 169 JO (169.00) 143 JO (143.00) ***** (164.50) Exchange No 6 OF No 6 FOt WM»No5 lvyer/Se#er do*ip f triGM on May 39 It/team* unh Prwvtota dodnQ priov M ydtUd) i hi Oils (USS/tOMNo) iiii intturti Wa oi M'rian avdo OF UK/RcMordam Colin
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    • 159 6 WHEAT FUTURES on the Chicago Board of Trade cloeed on or near the lows last Friday, down 6-3/4 to two US cents per bushel in moderstely light trade. July settled at 2.74-1/4 cents after posting an eight-cent range on the day. The lack of fresh export tender news and
      159 words
    • 143 6 SOYBEAN FUTURES in Chicago cloeed quletty mixed last Friday, ranging from down three cents per bushel in July, which settled at U555.46-3/4, to up 1-3/4 in new crop November. A local professional house spreed Aug/July soybeen# st three-cents premium August around midday. Soyproduct futurea eesed to clooe mixed, with
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  • Page 6 Advertisements
    • 213 6 XEROX The new Cost saving laser printer for an IBM* 3270 environment. A totally new Xerox model distributed by Innovest Systems and Services(S) Pte. Ltd. With built-in interface for immediate installation in an IBM* 3270 environment A perfect replacement for outdated dot matrix printers. YouU enjoy typeset quality text and
      213 words
    • 52 6 deSede of Switzerland De Sede DS-108. Sofa. $17,500.00 Contemporary' expressions of classic design. Only at Le Mercier's. c <&e Le Mercier's Fine Fnmkhing Pte Ltd 21-27 Orchard Boulevard, Park House, Singapore 1024. Tel: *****29/*****21. (next to Pavilion Inter-Continental Hotel) Open: Monday to Saturday: 10am to 7pm. Sundays/Pubbc Holidays: 1 lam
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  • WORLD BACKGROUND
    • 731 7  -  By ERIC PAGE NYT THE SOVIET AIR defence system, which failed to intercept the single-engine Cessna that flew from Helsinki to Red Square on Thursday, is enormously extensive. with forests of missiles, thousands of warplanes and more than 1,500,000
      NYT  -  731 words
    • 803 7  -  By IAN RODGER FT "DO TRUST US." That extraordinary plea, from a senior Japanese official, shows at least that the Japanese government understands the extent to which the world has become distrustful of its promises to stimulate the economy and buy more
      FT  -  803 words
  • Page 7 Advertisements
    • 238 7 mat awMuMMMi Hm r. J 100 120 ,40 BO v 160 OObOCO igo —'U 70 80 40 200 V s> 220 v r X +m J TT "V O i i t- > as L? Yjut Mercedes-Benz can now gos,oookm for just $78. Cycle h. Carriage Industries (1986) Pte. Limited
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  • THE ARTS
    • 572 8  -  By SHAUN KOH IT WAS INDEED a virtuoso performance! But then nothing short of that would have bean expected from such a riveting performer as American violinist Aaron Rosand. After all, a Berlin Der Courier reviewer once described his playing as "soulful and musical projection above
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    • 728 8  -  By CHARLES SAVAGE ALTHOUGH WHEEL-CHAIR bound, Chinas national treasure, 92-year-old painter Liu Haisu, is still a prolific artist. But more importantly, he and his art are considered the ambassadors of China. Chineee poet and historian Gou Moruo praised the artiet in the
      728 words
    • 616 8  -  CD Reviews ■y SHAUN KOH BRUCH Violin Concerto No. 1 in Q minor Op. 26. Scottish Fantaay Op. 46. Cho-Uang Un (vn); Chlcego Symphony Orchestra/Leonard Sletfcln. CBS Maaterworka digital MK ***** (51 minutea) Category: Clasaical HE ADMIRED, reapected and adored the romantic, evocative playing
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  • Page 8 Advertisements
    • 165 8 BEACH CENTRE For Sale By Tender By Order Of The Owner Located within walking distance of Raffles City, Beach Centre offers investors a unique opportunity to acquire a prime commercial property. Immediate returns on investment income are assured as the building is already almost fully leased. Land Area: 1930.3 sq
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      62 words
  • Page 8 Miscellaneous
    • 29 8 Bn£tcW: F»nlC l^Xa£ uP Curiously ugmt Mtp\Deo r ~0. te TMe. RESOLT.NO DOUBT, OF wee.KG>JD R\ST ni T*~> Tweße-souTOFrnv V LAST SaFRIDAV this U#\S NOT MffiP FROmcWOlce., NOU -MIT
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    • 663 8 CRYPTIC PUZZLE ACROSS 1 A tot'* upset by this b«ast (5) 6 Cartoon planet? (5) 9 Where the proprietor gets win# and the cat gats w»tar (7) 10 Soma ill-gottan gains heid by a boy (5) 11 Perfect straight Una to town (5) 12 It's piayad with tormantad pain and
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  • SPORTS
    • 1141 9  -  First taste of international competition for bowler Alice Tay Five months ago, an unknown bowler shocked the fraternity when she finished a strong fifth in her first-ever bowling competition. A couple of months later, she beat a seasoned field to take second spot in the
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    • 518 9 UPI MUCH OF THE smart money at the French Open ia on Miloalav Mecir, rather than Ivan Lend I, Mats Wi lander or Boria Becker, to win the men'e ainglee title. The enigmatic Czechoelovak ia the only seed to get through the first three
      UPI  -  518 words
    • 788 9  -  By WALTON MORAIS M MURUGIAH said goodbye to amateur golf in fairy tale fashion, firing an amateur course record and helping hie team Sembewang to retain the Premier League title at Sentoea yeeter- i The 23-year-old, who will now apply to join the profeaaional ranks,
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    • 254 9 UPI THE Los Angeles Lakers received their wish on Saturday: they will face the Boston Celtics in the American NBA finela. After the Lakers dispatched the Seattle Supersonics in four gsmes last Monday in the Western Conference finale, they seid they wanted to meet
      UPI  -  254 words
    • 705 9 AP AFTER the fifth round of his double heavyweight title defence on Saturday night, Mike Tyson kept telling his trainer. Kevin Rooney, "One more round. One more round." In the sixth round, Pinklon Thomas got the message, going down before s barrage of Tyson punches that
      AP  -  705 words
  • Page 9 Advertisements
    • 82 9 Business Opportunities In Canada f Special opportunity for businessmen to invest in government approved projects in Canada and secure permanent resident status through business immigration programme. Mr. Gordon Oxley of Rimrock Resorts Limited Partnership, Alberta, Canada, (a Government approved project) will be available to discuss details at the following locations:
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  • Page 9 Miscellaneous
    • 1286 9 to m mm ADAM SMITH'S MONEY WORLD Ttw US and tfw Challenge of ttw Pacific Rim (Pt 1) 8.30pm, Channel 12 This week Adam Smith examines some of the miracle economies of the Pacific rim, countries like Hongkong, Taiwan, South Korea, Singapore and why they are prosperous. He also discusses
      1,286 words

  • INTERNATIONAL STOCKS
    • 269 10 Reuter THE CHAIRMAN of Compania Espanola de Petroleos SA, Cepsa, Spain's largest private oil company, denied talks with the Kuwait Investment Office had broken down and said they were going on at the highest level. Alfonso Escamez told Cepsa's annual assembly he
      Reuter  -  269 words
    • 102 10 MAY 30 Y«n 3500 40 425 -3 776 1300 2 30 2030 J700 •70 ■20 965 901 1170 4 -30 mS 460 ISM 20 EmCSS 3730 2340 -50 4-110 r Upon Iiiiiii 730 4 Mm Sac 3100 2000 5470 20 +70 jgggs 3300 9*0 406 •20 -10 -9 rTT
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    • 380 10 Reuter WALL STREET stocks closed mixed last Friday as blue chips fell but the broader market held on to minor gains. Special situation stocks, those involved in real or rumoured takeover situations, dominated the generally sluggish market, traders said. The Dow Jones Industrial Average, which
      Reuter  -  380 words
    • 117 10 mr m ct 2% aw*».. »x ?i5r.._::::::::::: Sw «5 KerrAdiĕwn. 2« ....y 1» Bank Of Monttd a 3 Ban Canada. 41* unch 5* bT%moutom 2i* H; t* ►aiea» O A. 36 Northoala Ĕaiii"".' 10)4 CampM Lata S7 S—3KL» %SS, Canadian Imp Bank.. 21* uneh 12« uncft Ca«ac._ 23* uneh
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    • 218 10 Rat Un Slaal MDUCTttALS WooStnT A Alpha 1AMM MMNQ9 1190 -40 220 unch 75 -5 1925 unch Abarcom 340 -10 7900 -200 Amaprop 9M -6 AMIC.. 8200 -190 Bartow* 2825 40 C 0 Smith 4300 -60 CNA 480 -10 Currta Ftnanca 560 -10 Edoarv FaJVofc. 296 -5 Fug*. 920
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    • 496 10 1 i Ml tEngathard Cp 29% tlnipan (JP) 44 Exxon Cp... ...87 Moin role int 88% 1* Aicon Aiumtn 41 r.i 7% Ahm 47% 38* Nabaoo M 80% •1% ASM M 17 Fluor Cp FMC Cp.!.... 17% 38 f Nai Otat 6ham... 81% •IK AWto Am Brandt Inc....
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    • 523 10 Amsterdam MAY as ru AOH 460 00 >1 Akzo 86 30 96 SO 190.70 -0.7 0.1 -►0.7 AMEV Amro Bank. Am M 148.00 CI 410 73.10 125.90 0.1 0.8 -0.3 -0.8 BtfW SOU UJ0 ISO 00 unch 1.8 Boraumt| Puahrman T( Catva 124 80 Maroda. 82.70 880 20
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    • 109 10 AFP ELF AQUITAINE is acquiring shares in two gasfields in the Norwegian part of the North Sea. The preliminary agree ment between the French government-controlled group's Norwegian subsidiary, Elf Aquitaine Norge, and Statott of Norway calls for Elf Aquitaine to get a
      AFP  -  109 words
    • 37 10 AFP AGIP, the oil company of the Italian state-owned ENI holding company, has brought on tap two oil wells that could provide" 10.000 barrets per day, the company announced on' Saturday. AFP
      AFP  -  37 words
    • 69 10 AFP THE INTER-AMERICAU Development Bank, baeod 1m U/««hlii niii U flnatlnn in ?!bS<il Dyion, is no®tin^ a 200-million-Swiss-franc borrowing for 12 years, with an indicative interest rate ot 5 per cent, the Swiss Bank Corp announced in Zurich. It heads a consortium offering the iseue for
      AFP  -  69 words
  • Page 10 Advertisements
    • 488 10 ta aM esterfala JU N E In praise of Asparagus the King of vegetables. Fresh, delicate, handpicked asparagus is served in exciting dishes. With a choice of wines by the glass to perfectly complement your selection. Cafe Vienna Supplement I A i. W, Enjoy the 3 hour Happy Hour. Mon
      488 words
    • 158 10 `=][/.<:=]`{_^^'^=-_-=!;{$&(_.- k 3 'A I With the dynamic Melody Band from the Philippines. At The Lounge daily 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./• uje Lounge m
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  • INTERNATIONAL COMPANY NEWS
    • 800 11 Heavier debt burden may weaken companies Reuter U S CORPORATIONS are sue cessfully beating back takeovers by borrowing heavily and declaring big dividends, but experts say the so-called recapitalisations could create a class of underperforming companies. So far, shareholders have doQ* well in the
      Reuter  -  800 words
    • 297 11 FT STURGE HOLDINGS, the most powerful underwriting group at Lloyds of London, is to buy the Bellew, Parry Raven underwriting agencies in a move that will bring Sturge close to the size of a major British composite insurance company. Sturge manages 16 insurance
      FT  -  297 words
    • 383 11 FT JAPAN'S five big steelmakers all announced dramatic losses, many for the first time since World War 11, for the 1986 fiscal year last Friday. They blamed the strong Japanese currency and warned that this year might not be much better. Nippon Steel, the
      FT  -  383 words
    • 282 11 while 13 banks post record aggregate profit AP HEALTHY EARNINGS from foreign securities and banking operations helped boost the aggregate operating profit of Japan's 13 major commercial banks to a record 1.64 trillion yen (U5511.36 billion) in fiscal 1966. According to company reports. combined operating profits of the 13 banks,
      AP  -  282 words
    • 177 11 Reuter IBM JAPAN LTD. Sumitomo Electric Industries Ltd and three Japeneee I He insurance companies have reached basic agreement on setting up a company to develop "intelligent" buildings, an IBM Japan spokeeman said. The compeny will use IBM expertise in computers and that
      Reuter  -  177 words
  • Page 11 Advertisements
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      577 words
    • 79 11 K ENTERTAINMENT *M<\ovadaB<wA p^vS^r^Nfrom the Philippine A Mutational band that is ®ur« to please wtth Its fast/ iV >km numbers, favourite <s 4 HAPPY HOURS: 12 noon bpm AM DISCOUNT on bottte rstss and premium •HI /t brands Plus! Boy ona and get ons ties (CAIHNHILL HOTEL) 19 Cairnhill Circle.
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  • BANKING AND FINANCE
    • 702 12 Intervention mainly in yen for three months ended April NYT THE FEDERAL RESERVE Bank of Now York reported last Friday that its purchases of dollars to support the currency during the three months ended April 30 were the Isrgest in nearly a
      NYT  -  702 words
    • 102 12 Reuter THE COMBINED MMtt of Taiwan's offshore banking units ross to U556.75 billion at the and of April from US$6.6 billion in March and U556.66 billion in April 1966, a central bank official has said. The official said that the increeee came mainly
      Reuter  -  102 words
    • 433 12 UPI THE ARGENTINE government has signed s US$5OO million co-financing loan with commercial banks snd has received approval from the Securities snd Exchange Commission to offer banks "sxit bonds" in payment of its debt The co-financing loan, partly guaranteed by the World Bank, will become
      UPI  -  433 words
    • 417 12 FT THE JAPANESE government has come under fresh pressure to open up access to the country's 20,000 billion yen (US$7 billion) pension fund market following its recent decision to allow 17 foreign investment advisory firms to begin managing
      FT  -  417 words
    • 291 12 Reuter LATIN AMERICAN officials drew up new draft proposals for resolving the region's US$3BO billion debt on Friday after a two-day meeting of the Cartagena group. "The world economy ia presenting a discouraging panorama aggravated by the recent rise in
      Reuter  -  291 words
    • 294 12 Reuter BANK OF ITALY Governor Carlo Ciampi has urged cloeer cooperation between European central banks in currency market intervention and more flexibility within the allowed fluctuation limits of the European Monetary System (EMS). Mr Ciampi told the Bank of Italy's annual aasembly a
      Reuter  -  294 words
    • 382 12 Number IlOICuTTVf Gram Coupon Amount W—oH of days of n riddle price ademption Maturity V ear robsd rate MMon) payment accrued (exdudbig 7 WO (%po) dales U J accrued (%pa> 15.737 Loan 1 1967 5% 4063 15/1. 15/7 136 *****
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  • MONEY AND EXCHANGES
    • 181 12 IniflcrtM ths averags of tie prim# landing rates el 12 ms|or banks In ftlnpapins Interbank market n Hm (offar/btd) on May 28 US$ DM SWFC Yan 7 4wr% 7 1/1* 19/1* 19/1* 19/1* 4 9 7/9 2 19/4 9 19/1* 19/1* 1 7 9/1*— 1/1* 9 19/1*
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    • 310 12 Green Collier Bullion BULLION PRICES nosedived to s new low on end-of-contract liquidation and a rising American dollar. At New York's Commodity Exchange last Friday, spot «sM last traded at U*****.20 an ounce, down about US$ll4 over the previous Friday's cloee. It
      Green & Collier Bullion  -  310 words
    • 209 12 Asian market ASIAN CURRENCY av*rog« deposit r< lt»> for tho wook •ndod May 28 ■D MNCtS M# L«v USI 7 doy» 7 6 15/16 1 moo* 7 1/» 7 2 muifc 7 5/14 7 i/t 3 owrths 7 5/16 7 1/4 A Mrili 7 11/16 7 7/16 9 nontfo 7
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    • 112 12 The market traded on a bearish note for moat of last week, under the presaure of a high overnight interbank rate. Prices for two-year and five-year notee were marked down about 40 BP and 20 BP respectively. from opening. The T-bill market also suffered from the high
      112 words
    • 477 12 fit of banks at tfw d OH Of Omng KMaw 5* long to mi CrodH Japan 6% budnow an Thuraday, Mi ay 28. CMbank NA 6% Malayan Banking 6* 8 r I itfon of Condntrtfoi Mnoli 7* Malayan United 7% Ionics In Singapore. Crodft lyonwab 6* midland
      477 words
  • Page 12 Advertisements
    • 309 12 frag YONGBKN (MERCHANDISING) PR. LTD. j i;m pi m 1 h r NOTICE I 8 HEREBY GIVEN pursuant to Bectlon 308 of the Companies Act, Cap. 186, that the Final Meeting of the members of the abovenamed company will be held at l Colombo Court, #08-15, Singapore 0617 on the
      309 words
    • 325 12 nv THE MATTEE OP THE COMPANIES ACT, CAP. 80 Mn r;i;t7TvJ HOUSE A BAB (PTE) LTD (fit Member >' Voluntary Ujjfcttflß) E—iilnlhwn NOTICE 18 HEREBY GIVEN that at an Extraordinary General Meeting of Penlnaola Coffee House A Bar (Pte) Ltd duly convened and held at 111 North Bridge Road #12-01
      325 words
    • 159 12 MENG ft LING PTE LTD (Member*' Voluntary Winding Up) FINAL MfirnNG NOTICE 18 HEREBY GIVEN porsoant to Sec. 308 of the Companies Act, Cap 60 that the Pinal Meeting of the members of the abovenamed Company will be held at 1. North Bridge Road, #19-05 High Street Centre, Singapore 0617,
      159 words
    • 2 12 TRADER VK'S
      2 words

  • MARKET REVIEWS
    • Article, Illustration
      4515 13 BT Comp< (WmI Mite Index compoiM mM May 29, 1*7) Kit* Aaof Steel louifod C8.C Car ados Cotd Stora Eno f I N Ganhngs How Por tnrteepa Keppel Corpn Lua Chang N 8-T Not Iron PMC Fwtrnoirt M— I'A s r m j** 2.67 i a» 338 6.75 420 4.42
      4,515 words
    • 842 13  -  IT 1 4 By HOMER CHEN THE MARKET continued to consolidate last week on reduced but still relstively high volume. Investors' interest wss temporarily diverted to the record-breaking Sembawang Maritime issue which closed on Tuesday. During the holiday-shortened week, the Strsits
      842 words
    • 269 13 Si o*l r vlAustralia dl g= M 4 AFP THE Australian share market bounced back last Friday after a dramatic drop in the gold price and a lack of overseas support saw share prices fall heavily in the middle of last week. As
      AFP  -  269 words
    • 657 13  -  Week ended May 28 compiled by JULIANA TAY SCRIP ISSUES Marco Potoi Rights issue of one-for-five at $1.00. OCIG Proposed acquisition of 8.32 million International Trust Finance shares which the bank does not already own on the basis of one OCBC share for every 20
      657 words
    • 1215 14 Lacklustre performance by Wall Street in second quarter 7 1 WA J New York wt\l d FT WHO SAID that the takeover game was dead on Wall Street? Talk of acquieitions and rumoured mergers has provided moet of the action in the stock market last
      FT  -  1,215 words
    • 390 14 K.Lumpur A FRESH ROUND of buying took share prices higher on the Kuala Lumpur stock maiket last week In continued active trading. Selected quality and second-liner stocks in industrials, properties and finance advanced sharply on sustained buying support The KLSE composite index roee 10.64
      390 words
    • 1053 14  -  J- IrmJ London Front RAY HEATH SHARE PRICES started the short week with knocking kneee, and ended it sprinting away at record levels on expectations of a powerful Conservative victory in the June 11 general election. On Tuesday, inveetors had returned
      1,053 words
    • 442 14 L I Hongkong ImJ SHK THE HONGKONG market last week continued to improve until a late sell-off on Friday trimmed much of the earlier gains. The Hang Seng index closed the week at 2,920, up 22 points. Wednesday and Thursday witnessed consecutive new
      SHK  -  442 words
    • 393 14 AFP SHARE PRICES climbed to a record high in terms of the Nikkei stock average this week on the Tokyo Stock Market in erratic trading. The closely-watched market barometer of a 225-blue chip average finished at a record 24,772.39 yen on
      AFP  -  393 words
    • 199 14 NMB Bank LAST WEEK was a week to be quickly forgotten. On Monday, the New York and London markets were closed for holiday art? Ascension day on Thursday was for many investors sufficient son to take the day off on Friday as well. Trading hardly
      NMB Bank  -  199 words
    • 1178 14 CwPMt b Bmmka Dote Tot* tar To* tor ctoM until fttmr Mp»'" A I N 13*% NY A NYA NYA 27% 27% A Enlatprbui 2%lnl Jun 5 Jun 17 Jul 3 9%> 22% Acmo l%T€ Jun 22 Jun 29 Jul 31 l%Tf 4%TI Ameol 10% May X Jun
      1,178 words

  • Page 14 Advertisements
    • 283 14 ISLAND It PENINSULAR BEPHAD (Incorporated In Moioyvia) PROPOSED RIGHTS ISSUE OF 30,191,616 NEW ORDWARY SHARES OF $1.00 EACH AT $2.00 PER SHARE ON THE BASS OF ONE (1) NEW ORONARY SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES HBD. NOTICE IS HERBY GIVEN that the Extroordtoary General M«Hng to be
      283 words
    • 52 14 FACTORY BUILDING FOR LEASE PREFERABLY FOR WAREHOUSING INDOOR OPEN LAND 50CENTS PER SOFT 12CENTS PER SOFT TOTAL AREA (APPROXIMATE): 2 WAREHOUSES 24,000 SO FT 17,700 SO FT OPEN LAND 56,000 SO FT FACILITIES CANTEEN, SANITARY, WATER/ELECTRIC SUPPLY, SPRINKLER SYSTEM ETC. LOCATION NEAR JURONG BUS INTERCHANGE INTERESTED PARTIES PLEASE CALL *****11
      52 words

  • COMPANY NEWS
    • 1183 15  -  By LORETTA McLAUGHLAN THE NEW MEN at the helm of Qpustead PLC and its Singa-pore-baaed subsidiary, Bousteadco, are confident that the group is now thoroughly into recovery mode. "At both Boustead PLC and Bousteadco the downside risk is Relatively small and the upside
      1,183 words
    • 666 15 Last Friday, the FTSE .rose 45.6 to 2203.0 and •FT 30 gained 33.9 :1712.1. 100 the to INDUSTRIALS ;Moy 29 Pane* 171 ■•■2 ,A««d-lyon» .4t» pic 446 331 13 16 213* 2* 533 +3 541* 17* •ncc 360 'ftk* Ord» 907 12 'IOC Group jloo*. 462 310 7
      666 words
    • 384 15 SINGAPORE FODDER Co Ltd: Group net loss of $500,000 (loss of $11.8 million) on a turnover of $8.89 million ($11.4 million) for the year ended Dec 31, 1988. Loss per share amounted to 5.0 cents (117.9 cents). Net tangible assets backing per share is $0.29 ($0.34). No dividend
      384 words
    • 175 15 TAN SRI KHOO Kay Peng has sold another block of shares in Malayan United Industries Bhd (MUI) amounting to 10 million shares. In a statement on the change in the interests of substantial, KKP Holdings Sdn Bhd informed MUI that it
      175 words
    • 129 15 FEDERAL CABLES. WIRES Metal Manufacturing Bhd haa discovered discrepancies and irregularities in its recent share certificates recall and verification exercise. This has necessitated an investigation that satisfies the board of directors, its share registrars PFA Registration Services Sdn Bhd and its auditors, Messrs Kassim Chan
      129 words
    • 99 15 Company RIGHTS ISSUE Bedford One-for-one JO 50 per shore Ex-dote: May 26 Boots dot* Jun 6 Marco Polo One-for five J1 00 per share Eoch rights shore hot o detachable TSt carrying the right to subscribe on* further ordinary shore of $1 ot $1 eoc Ex dote: Jun
      99 words
    • 319 15 Company RIGHTS ISSUE C 1 Holdings 27 million loan stocks in Hi* ratio of $3 loon stock for every five ordinory City D«v shores held Oe for tour $1 40 per shore tights issue ol bonds with warrants in the ratio ol $1 nominal amour" of bonds for
      319 words
    • 336 15 GOLD COIN Ltd ia to separate its manufacturing and operational < activities from the investment i holding activities of the compa- I ny. i The company ia currently en- i gaged in the manufacture of ani- i mal feeds and the operation of a i
      336 words
  • Page 15 Advertisements
    • 56 15 Notice of Removal and Change of Name With effect from Ist June 1987 Summit Securities (Pte) and Hoare Govett Ltd will be trading as Hoare Govett Summit Securities Pte Ltd (Member of the Stock Exchange of Singapore Ltd) at 65 Chulia Street #22-01 0.C.8.C. Centre Singapore 0104 Telephone: 533 3388
      56 words
    • 335 15 CORPORATE FRAUDS IN AN ELECTRONIC ERA The Westin Plaza, Singapore Friday, 26 June 1987 Companies in their eagerness to exploit technology for growth must not overtook the risks of internal and external corporate frauds, thefts and embezzlements. Fraud is one of the growing risks of modem businesses today. Millions of
      335 words

  • 543 16  -  Proposal to be followed up by Singapore officials By FOO CHOY PENG SOME OF China's finest histori- cal art treasures are likely to be on show in Singapore some time next year under an offer made to visiting
    543 words
  • 333 16 A SINGAPORE trading and manufacturing group is confident of grossing a US$2O million turnover in its first year of manufacture in China. The Maya group, which recently set up five joint venture companies with Chinese government companies in Dalian, Guizhou and Jiangmen, has
    333 words
  • 263 16 PRAISES are being sung of the humble plastic bag. The Ministry of Environment, for one, in its drive to get more private estate residents to use plastic bags for trash, is promoting their sales. With the help of oil
    263 words
  • 217 16 NYT KING HUSSEIN of Jordan and Israeli Foreign Minister Shimon Peres have reached an informal secret agreement over broad aspects of an Arab-Israeli peace settlement, according to sources close to the monarch. The reported accord calls for joint Arab-Israeli rule over
    NYT  -  217 words
  • 185 16 AP IN A MEASURE aimed at boosting foreign cigarette sales in South Korea, dealers will receive 41.6 per cent bigger profits starting today, according to Seoul's Office of Monopoly. Monopoly officials said yesterday the profit margin for foreign cigarette sales would
    AP  -  185 words
  • 462 16 Reuter PLANS by Opec ministers at their Vienna meeting this month to press for previously agreed output increases while keeping prices tied to a US$lB-a--barrel benchmark could mean (ailing spot oil prices later this year, oil industry analysts say. Recent
    Reuter  -  462 words
  • 165 16 FROM TODAY, oil companies will be granted more freedom to determine pump prices. The Ministry of Trade and Industry will no longer announce petrol price changes. The oil companies can freely set, time and announce changes in their pump prices subject to ceilings
    165 words
  • 228 16  -  By MARGARET THOMAS TRADE and Industry Minister Brigadier-General Lee Hsien Loong will bring to West Germany today a message of opportunities Singapore can offer European companies. Three functions have been lined up for the day, during which he will meet more than
    228 words
  • LATE FILE
    • 32 16 AFP Malaysian Foreign Minister Abu Hassan Omar will begin a five-day tour of Brunei, Indonesia, the Philippines. Singapore and Thailand tomorrow, the Bernama news agency said yesterday.
      AFP  -  32 words
    • 58 16 Bernama THE Tengku Mahkota of Pahang has declared one week of mourning in Pahang following the death of Tengku Ariff Bendahara Tengku Ibrahim yesterday afternoon. The late Tengku Ariff Bendahara, who had been suffering from cancer for nearly a year, died at the royal ward of the
      Bernama  -  58 words
    • 60 16 UPI PRESIDENT Pieter Botha has appealed in letters to seven world leaders, including US President Reagan, for support in his campaign against the outlawed African National Congress (ANC). A government source said Mr Botha's letters apparently were designed to press the advantage of growing reservations
      UPI  -  60 words
    • 44 16 AP AN ASSASSIN who hu worked for Libyan leader Muammar Gaddafi entered Britain within the- last three weeks and his target may be Prime Minister Margaret Thatcher, according to a report in a London newspaper yesterday. AP
      AP  -  44 words
    • 35 16 AFP THAI FORCES have established "complete control" over the disputed Chong Bok border pass after fierce clashes with Vietnamese troops, the region's military commander was quoted as saying yesterday. AFP
      AFP  -  35 words
  • Page 16 Advertisements
    • 260 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Link with Nasdaq starts at end of year 2. BP clinches three-year deal with Petronas 3. Wah-Chang lands Turf Club job 4. Local prime lending rates look
      260 words
    • 283 16 Personal Computers Licensed MS DOS Licensed Phoenix BIOS Of course everybody knows that DATAMINI operates on fully licensed DO5 and 8105. nevertheless, we would like to remind you of the fact that in Dec 1985 we purchased operating licences from Microsoft and Phoenix Technologies Ltd. This of course is merely
      283 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 521 17  -  By G DURAIRAJ KONTENA NASIONAL plans to start an inland clearance depot at Kluang, in northern Johor with a view of transporting containers in association with Malayan Railway to Port Klang. The proposal is also aimed at boosting the flow of
      521 words
    • 140 17 AFP THE WORLD BANK has approved a US$32 million loan to the Philippines for a provincial port project to help meet and serve projected shipping traffic volumes. The project will expand the facilities at the ports of Calapan, San Jose, Tagbilaran, Nasipit, Surigao
      AFP  -  140 words
    • 96 17 Reuter THE ASSOCIATION representing 11 Great Lakes shipping companies and the Seafarers International Union have reached a tentative contract agreement averting a threatened strike on the Lakes which could have begun this week, the union said. The atrike by the union's 2,100 members
      Reuter  -  96 words
    • PORTSIDES
      • 77 17 Reuter THE ASSOCIATION of West India Trans-Atlantic Steam Ship said its member lines had adjusted the level of port congestion/delay surcharge at Maracaibo City from US$O.BO per foot westbound/nil eastbound to nil westbound and eastbound. The levels of surcharge at La Guaria and Puerto Cabello will
        Reuter  -  77 words
      • 72 17 HAMBURG SUD of West Germany will resume its liner service between North American east coast and Brazil, Argentina and Uruguay which it suspended in 1969. The fortnightly service will be maintained with four self-sustained container ships with an average of 650 TEUs. Ports of call will
        72 words
      • 104 17 Reuter A SOVIET TANKER damaged by a mine in the northern Gulf has cancelled plans for repairs in Bahrain. The tanker, Marshal Chuykov, was scheduled to dock at the Arab Shipbuilders and Repair Yard (Asry) in Bahrain last week but changed course at the last moment.
        Reuter  -  104 words
    • 786 18 UPI AN EIGHT-YEAR boom in China's overseas trade has helped push Hongkong ahead of New York to the rank of world's sec-ond-busiest containerised shipping port. And things are expected to get busier. Busy enough to justify an aggressive campaign
      UPI  -  786 words
    • 197 18 FRANCE will not cooperate to resolve a fishing dispute with Canada until Canadian ports are reopened to French fishing vessels, French president Francois Mitterrand said. President Mitterrand made the comments last Friday during a brief tour of St Pierre and Miquelon two small French island territories in
      197 words
    • 915 18 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Ahrenfciel liner XI 1 Africa Ocean XN 2 Alltrons VN 3 AC Toepter IX 5 Anro Service IV 2/3 Arrow lines XII 3 Asian Ocean VI 3 Atias line X 3 AMI 1 «/2 A
      915 words
    • 205 18 Reuter JAPANESE police said they suspected Soviet intelligence was behind a major operation to obtain high technology machine tools from Japan that are being used to make Soviet submarines virtually undetectable. The Soviet Navy has already installed at least one of
      Reuter  -  205 words
    • 1150 18 THE ASCENSION Day holiday throughout much of Europe contributed to a quiet tone on the London shipping freights market on Thursday, with only scattered business reported outside the grain sector. The slightly weaker rate of U5519.85 (fio) was paid by Cargill for 30,000 tons of grain from the
      1,150 words
    • 174 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Qulf, 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
      174 words
    • 212 19  -  ■y Kingsley Wood THE AUSTRALIAN Defence Department has began a world search for a floating dock to be installed at the Garden Island naval base at Cockburn Sound, near Fremantle. The A 56.5 million dock is part of a spending spree by the
      212 words
    • 348 19 Lloyd's List POLISH-CREWED ships face the threat of worldwide action by dock workers who have been asked to step up the International Transport Workers Federation campaign against low pay among seafarers. The Polish crewing agencies have been arguing that they should
      Lloyd's List  -  348 words
    • 386 19 THE ATTACK on the US frigate Stark jangled nerves in Japan and caused worry about the safety of the country's crucial oil supplies from the Gulf. But few analysts believe Japan can or should play a military role in
      386 words
    • 95 19 THE FIVE permanent members of the UN Security Council, in what one delegate called an unusually co-operative spirit, have mounted a new effort for a ceasefire in the Gulf war between Iran and Iraq. Delegates of the United States, the Soviet Union, France, Britain and
      95 words
    • 364 19 TWO SUPERTANKERS changed hands in the quiet second-hand tonnage market last week. An ultra large crude carrier, now known as the Happy Mariner, was taken by a European joint venture for U5512,375 million, while the Orfon Trader, VLCC of 236,767 tonnes and built 1976, was sold to undisclosed interests
      364 words
    • 85 19 Reuter CAPITAL Corp International Ltd, a Hongkong listed unit of New Zealand based Equiti Corp Holdings Ltd, has acquired a 14.5 per cent stake in Chung Wah Shipbuilding and Engineering Co Ltd for HK$26.l million. A Capital Corp state- ment said the company
      Reuter  -  85 words
    • 201 19 CARIBBEAN seafaring unions are to launch a campaign to woo shipowners away from traditional sources of labour in the Far East. The plan is being co-ordi-nated by the Caribbean Maritime and Aviation Council (CMAC) which acts as a secretariat for a federation of trade
      201 words
    • 8886 24 8®aBG)(IEB 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
      8,886 words
    • 1984 26 Who acts for whom A B AB Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Seel ion Shpg (S). Ahrenkie* Liner Kim Shpg (S). Alfred C Toepter Oceanus Shipping Agenctee (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express American
      1,984 words
    • 789 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movamant Ship Voy date/time Operator cargo schedule Locatta P Pierce 129W 01.06.87 1900 API F8 1000-1100 II Kosuga Maru 57/440 01.06.87 1930 Borneo F5A 0930-1030/1030-1130 F3/G3 B Permai 168 01.06.87 2000 Ned-EAC F7 1100-1200/1000-1100 C7/E7 Jenhol
      789 words
    • 305 27 AT CONVENTIONAL WHARVES VhmI Berth Arrival Departure KEPPEL WHARVES Boiyinshon KI5 alongside 02.06/0600 Caly K35 alongside 02.06/0600 Jiangmen K29 alongside 01 06/1500 Koto Mulia K3I alongside 03.06/0600 Koto Wangi K32 alongside 01.06/0800 Queen Denis KI9 alongside 01 06/1830 Southern Gl K28 alongside 01.06/1500 Straits Hope K24E alongside
      305 words
    • 486 28 Reuter, AP, UPI A JAPANESE Transport Ministry advisory panel has sat the guidelines for a government-sponsored programme to cut Japan's shipbuilding capacity by 20 per cent between April 1, 1967 and March next year, ministry officials said. The guidelines require shipbuilders to regroup
      Reuter,; AP,; UPI  -  486 words
    • 198 28 NYT THE TOGO SHIPYARDS Corp said the loes of a US$l62 million contract would necessitate a restructuring of the troubled shipbuilding company. Todd, US's largeat independent shipbuilder, said that it had appointed Brown Brothers Harriman Co to
      NYT  -  198 words
    • 102 28 Reuter BOMBAY businessmen called off a six-dsy strike in the Indian business capital after authorities announced the abolition of an unpopular transport tax. Maharashtrs State Chief Minister Shanka Rao Chavan said his government agreed in principle to replace the levy. Introduced last century by
      Reuter  -  102 words
    • 194 28 Reuter WESTERN MINING Corp Holdings said the WA-149-P Joint venture proposed to spend about US$4O million to develop the South Pepper and North Herald oil fields offshore Western Australia, subject to government approvals. The development would involve initisl production of four
      Reuter  -  194 words
  • Page 17 Advertisements
    • 551 17 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Harte is A WOMAN OF SUBSTANCE But what is (he price she has paid? I Available at all good bookshops OyENT Oveiqms C*Uaim\ Line NORTH AMERICA ATI ANTIC E XPRtSS (ROUND THE WORtD ROUTING > UPORT Vim TS 22UH1 TELEX
      551 words
    • 117 17 JKMPB AN EIGHT-YEAR boom in China's overseas trade has helped push Hongkong ahead of Now York to the rank of world's second-busiest containerised shipping port. P«g« II POLISH-CREWED ships face the threat of worldwide action by dock workers who have been asked to step up the International Transport Workers Federation
      117 words
    • 598 17 BLfti mrnwiEß «VAf.fN H«B.E.AA ■pt tte »*rfaU West ""■ypV- twaoic. OANQEftOUS. *n*abhMl Good Bookshop* x,r-tev MAERSK LINE EAST AFRICA SERVICE FAST TRANSIT SIN/MOMBASA 20 DAYS SIN/DAR ES SALAAM 18 DAYS Tha Anna M Ooang Tm CY 3* 2300 MRS CFS 3* 1300 MRS Thtt «wt Lara M Ooamg Tuiw CY
      598 words

  • Page 18 Advertisements
    • 324 18 EUROPE/FAR EAST CONVENTIONAL SERVICE Frt. Booking contact Miss Gan TRANSPORT TEL: 03-*****50 MALAYSIA SON. BHO. TLX: ***** MTM VSL SOCRATES HER U VIM Baltic Port-Hamburg-Antwerp Bremen-Hamburg PT. KLANG in UP W 2M Further load/ discharging ports eo route subject to sufficient inducement. Singapore Office: MTM S pore. Tel: *****00 Tlx:
      324 words
    • 17 18 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
    • 144 18 835 Barber Blue Sea Super Carriers for roll-on/roll oft u and container flexibility TO: PANAMA US WC/EC/GULF E. CANADA w 7« CARIBBEAN C. AMERICA I*7 I*7 S2 5. M SMi S 3 5 ;.M« V, rr VI .i'M a l/MSL CONTAINER SERVICE AL HUMUS AL BAMUM m Nrt U Mi!
      144 words

  • Page 19 Advertisements
    • 557 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd mp&o Containers Limited COOTMtKSHPgIHICt TO UK/COWTREHT:) STRAITS SHAPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok PEGASUS PRIOE V«2* M-M jaa IMS Jan PEGASUS PRIDE MDN QUO Jun 12-13 jun BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 MKMJk'LI JJLfJ J 'lU.v'h
      557 words
    • 547 19 C SAV Cc- r.ir .iSud£rt'< r.C.w.l cl-'JCCrCS S > SIRVICI TO/MM CHILI rum vessel spore bother vessel m arka iqq amtof v alp sai KURMM MID 1/1 DELAWARE GLORY 140 U 11/1 l«l ■ENAVON M DELAWARE CLORY W I# M ******/1 A VESSEL Uji TW fTOH VK) 777 a/7 LIVERPOOL
      547 words
    • 63 19 CHARGEURS REUNIS ■r.'v'rf'f 2J km IM UM U M MM (MED CLUB MEMBER) 2 Mm IJm SMi *Jw MMm UM at DOUAIA C> AMDJAN LOADING DIRECT FOR; LA-KUMON P.HOIK PCWTIU UMWKIE DOUAU MM 4M CM IM 20M DM 1 Aa| 3 Aa| N .APnPI S 1 -1 A i Optorg
      63 words

  • Page 20 Advertisements
    • 292 20 CONTAINERSHIP SERVICE TO UK CONTINENT CONV SEMI CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT Agents 9 Singapore *****66 K. Lumpur *****2S Booking 4471(78 P. Kelang *****18 Freight *****00 CFS *****50 CFS *****48 Penang *****7, *****2 Terminal *****33 *****3 ;!l:i:/.!ii SOUTHEAST ASIA
      292 words
    • 693 20 IMTi C—****"— FULLY CONT AINERIS ED SERVICE KOREAN CHANCE M CHINA CONTAINER X VERRAJANO BRIDGE HE 23* mil* CONTAIN! RISID 10 IRI'M NORTH SMfRICA COASI CONVENTIONAL SERVICE TO PERSIAN GULF vessel WONSBON KUANTAN S'PORE LOADING FM Z7/B 25/6 DUBAI, DAM GEN AGENTS: CROWN MAR ME CO (PTE) LTD TEL: *****8S
      693 words
    • 436 20 K&S LINE JAPAN/HONG KONG/STHAIIS StRVIUt SANKYO LINE (S) PTE LTD. 143 Ocd Stifft alO 04 G8 Burfdinf S potf 010b 1H ??19?bS P«l Hfljnf Pmj Shippnf Sdn Rhd Ifl 03 *****74 S Pfr,M»| ludf I(jnspo<t ltd Tel 04 61 7 893 Pi\» uudjnt Maljfsjjn Shippmj Affncifi Sdn Bfxl Ifl o;
      436 words
    • 853 20 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FF) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE; SGP HBC FIX AM* LMV NYC NFK CHS KSN TYO OSX PUS KLC in up up vn up an 167 \t M 1M 1 S 120 ****************************** 2m ALSO ACCEPTING ICL/fCI FOJFU TO QOTNENRURC. AARHUS. COfCNMACtN. OSLO JTOCHMOULHELSINKI, IONOO* SOUTNA4»TO!», MNCMBTCR.
      853 words

  • Page 21 Advertisements
    • 600 21 PACIFIC INTERNATIONAL LINES \VV PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VOY BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE POO LOADMQ TON M MOONCSUrTAIWAM HAJAPAHn OOWA KOTA WHO, RED SEA/EAST AND WEST AFRICA SERVICE ®3C fTT tmm 1 3 X
      600 words
    • 514 21 BLC BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT M KaaMart ten. 7* Una Mm 12M 14* •mm* an an Lxmmt ter a* a* Rlmm kn 4/7 1/7 Mr •> w v FraMfcrt Upran 117 U/7 ■■■■Kir no a/7 MM Mm OR a(l EXPRESS CONTAINER ALL VESSELS ACCEPT TRANSHIPMENT CARGO
      514 words
    • 537 21 DJASAGETRI A Joint Europ* Swvtoe Oft r.T. DJAKARTA LLOTB M. IBM USTB r.T. IMMBtt HBMEStt P.T. TNMtt LLOTI w 11J 1 II VESSEL/VOY MATARAMftJ/*B PALEMBANQ6WB emm rnai-wb KUTAI/12NB Subject Id MI ANTWERP S PORE BILBAO BtOKN ADAM/R OAM H'BURC 4-7* an 1/7 14-It* UP UP UP a-ap an jot la
      537 words
    • 319 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE SIM (Burmese National Line) Loading for Rangoon Spore P.Kalang Penang Bangkc Loadmj far Emu BANK UNE CLYDEBANK V2OM TAMAITAI SAMOA V.ION FORTH BANK VISN IVY BANK VISN SPOKE ROAM HULL 3(7 12/7 27/6 w ap W 11/1 (CALLING LEIXOCS 2*7) */7 Vfi 25/1 IVY BANK
      319 words

  • Page 22 Advertisements
    • 1132 22 K"UnE SHIPPIfIG-DflTfl ATLAfITIC COAST (Round-The-World Service) SPORE LB CHLS 0. FAIR V 3 5 Jun 27 Jun 7 Jul RAINBOW BRIDGE V 7 12 Jun 4 Jul 14 Jul N. GARNET V 9 19 Jun 11 Jul 21 Jul 0. FREEDOM Vl4 26 Jun IS Jul 21 Jul PACIFIC SOUTH-WEST
      1,132 words
    • 597 22 ''M AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCUFCL Container* r P.KOmc |Lmr M IkWb Fiwn Sr* Abo Accapt IPPER V.M 9 Jon -tAMOAS- 13 Mm 21 Mm 7Mr 5Mr AcWßra VJS 1J )un« "CNANOIOAS* *J» 27 Jim 11 Mr 20 Mr It Mr AM/** IPPER *15 UMr "KABIROAS" VJ6 If Mr
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    • 672 22 tTT&n GOLDEN LINE ln.(> GUAM GUM) SHPPMG (PTE) LTD V l« kyr Straat ll —4 smemm iim m mum (it lks) STRAITS/PERSIAN GULF SERVICE: S por. PKatanfPan. GOLDEN HARVEST Cotonbo/Mradnflhw Qsßoo*/Duta< Dim 001 DEN HAVE* Cotantoo/KaradH/MuMt/Bahnw 14/15 J una— CHINA SERVICE DAI TUN SHAN H»nUntSl»f*h* 30 Jum CHINA OCEAN SHIPPING
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    • 399 22 k£3 PHI! I IRON SHIPPING AGENCIES PI I IW PHIL iOPIf NI IINfS PIE LID h»»d on in t,\ Roemo* none, xro' lISO AM* BINDING MNG*P<#t 3106 •S". 1 > t <«' Tilli f\ phiii MIDDLE EAST/FAR EAST FCL LCL SERVICE VESSEL ETA SINGAPORE u* a* a* EAST/WEST AFRICA/MED PORTS
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  • Page 23 Advertisements
    • 771 23 ILNOL; NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. ITO. IWAUST TP^ttA Th»«I CFS BOOKINGS Zn&* *****42 *****22 ana gg* NEPIINE SON. BHD. 3NNV NEPLINE SON. BHD. *****8 NEPIINE SDN. BHD. UM»5*27M1*27M1*27M2 nepiine son. BHD. zmmmn INWARDfOUTWARD ENQUIRIES mm I?.' lJ.Hfj; liv 0 EUROPE/UK (VIA SUEZ):fT^T •AY BRIDGE IM* In Port
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    • 329 23 HEUNG-A SHIPPING Korean Flag Vessels OOH*M SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON No I Donwv7MM Me I Dorum 70W» No I PH—/7WN Eitfarpriao/711N No 7 Ornmmfhsn No I DorumTOSN No I Oonjm,7C7N No I DonamfHSH $>or» fom JS 1 m Buun Moil IV* W a# 9 "G
      329 words
    • 585 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 ***** r. BUM rou* «S HANOI INC SYSTEM CO SON. BHD MESSRS MAI TNONC SHIPPING 127 Pwg S&W
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    • 53 23 FERI MALAYSIA SDN. BHD. r Kt N'SINfP PAiIITIMD WiM' MPVICf to IN Mlt HfN :NBHSi U Si Sl' AM.fPTINb Shf DKIVfN Hft.t WHICIIS Kill 1 i 19, Kappat food #05-02/03 J1» foh »u»dlnq S'por# 0208 T«k *****38 (5 Umt) Tlxi K ***** SEAfO Fan: *****25 tg Agent SMS. lid TaL
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  • Page 24 Advertisements
    • 384 24 SINGAPORE SHIPPING CORPN.tPTE) LTD. TEL: 225-6868 (30 LINES) TELEX: RS ***** A/B SSCMA. RS ***** A/B SSCAD VEB DEUTFRACHTSEEREEDEREI ROSTOCK •'■in."'"Jif.v ji g Tmn .I jT UT2. I •VIA COLOMBO: Adapting car*) for INDIA Bombay. Cochin i Madras; EAST AFRICA Dar-EvSalaam, Mombasa t m, Istanbul, Maran, Middle-East destme--•"*IA LARNACA Accepting
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  • Page 25 Advertisements
    • 221 25 gmtmm ML CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****3/*****1 04-*****2/4, *****3 07-*****1, *****8, 07-*****1, *****3, *****5, *****0 02-*****22 242M1 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE B. BUTANC M 5 1 —i OIL KORRKAN 171 N DELFT rrr rrvi rrr> OTHER DESTINATIONS: AAXHUS.
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    • 216 25 USA 31/5 TO: LA/LB, OAK/SF, N.YORK ***** 7/6 LA/LB, OAK/SF, N.YORK ACCEPTING LCL/FCL TO ALL PORTS/IPI TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO: DAKAR, CONAKRY U MMS ABIDJAN, LOME 22* 25* CONTONOU, DOUALA LIBREVILLE, PORT GENTH. P. NOIRE, LUANDA L '-X AccHDra ooor to ooor cwrviry PT. katam to
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    • 160 25 We, Dong Nan Tankjrs (Pte) Ltd of Ha 1 Play&lr Road, Singapore 1331, hereby glee notice that in cflnsequence of our Intended purchase, we have appQed to The Registrar of Sinepore shlpe, under Section 417, of The Merchant Blgpptng Act (Chapter 173, D"® Edition), In reepect of 4he ship "Hakko
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  • Page 26 Advertisements
    • 255 26 3ii 931: (EAST-BOUND) VESSEL GLOBE TRADER V TO: EUROPE (WESTBOUND) mmmr. Mi:vm SUNSHIP AGENCIES PTE LTD '20 McCoMMb S(tm) #16-01/03 Ada Ownlxn, Singapore 0106 iTali *****33 (7 M FFaxi *****05 ITYMA KIE QWAN SHIPPING (M) SON BHD. Men* f. Raton* 36*0122, 36W162 MALAYSIA TRADE TRANSPORT CO SON BNO Nnonp *****3
      255 words
    • 443 26 FINE-LINER SHIPPING PTE LTI) 70 Shenton Way, 04 02C Marina House. S pore 0207 lf~ TEL *****77 (6 lines) TLX RS ***** FLINFR J EUROPE SERVICE MIDDLE EAST GULF SERVICE WEEKLY ALL CHINA SERVICES a V" a k International Freight Forwarders WEEKLY-CONSOUDATtON ACCEPTING FCL/LCL HQMC KONG BANGKOK TOKYO SYO/MEL FREMANTLE
      443 words
    • 578 26 ZIM FULL CONTAINER SERVICE accepting FCL/LCI cirmi to USA East 4 West Coast, Caribbean, East Cauda. HAITI, Port Au Spain, Barbados N. ST. LUCIA ZIM BRISBANE 14.617 ZIM PIRAEUS Oil 7 ZIM EILAT 7.7J7 ACCEPTING CARGO TO ADELAIDE VIA MELBOURNE ANO ALSO Fa TO GUAM. ZIM HUT CONTAINER UNI VCE
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    • 406 26 Everett Lines COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" LowttM tor CaNao. Matara*. Ra and H odwr Pn«w ports t ran* Kobe On CPV Throufh B»«s of Ladm| to final deAmabon Ptnanf* P. Kaianf Sapapora HURRA YEVERETT 7/1 Jim THOMASEVERETT 2*21 Jun HUGHEVERETT 3/4 Jul "EVERETT ORIENT LINE" JAPAN/BAY OF
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  • Page 27 Advertisements
    • 247 27 Hamburg West Germany Tiger Line Common Carrier Feeder Services SINGAPORE CALCUTTA MADRAS PRELUDE PRELUDE PRELUDE 01-01 JUN 07-10 JUN 13-13 JUN 19-19 JUN 25-27 JUN 30 JUN-1 JUL 07-07 JUL 13-15 JUL 11-19 JUL Common Carrier Feeder Service For Main Line Operator? Only. Agents: C.F. Sharp Company Pte. Ltd. Telephone:
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    • 187 27 L ♦*?VWWU*. no MEM IMEt (Parted China Ocaan Shipping linaa) Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGOAO SHANGHAI A OTHER PORTS Etd. S'PORE Etd. PKLG WEEKLY SAILINGS If* CONSOLIDATION SERVICE FROM: SIN6APORE/P.KELANG ILU q -T"~l O 42, (MEMBER OF THE PRESS GROUP) WEEKLY CONSOL SERVICE LCL/FCL U.SJL (East
      187 words
    • 190 27 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE JAKARTA PRABHAKTI VESSEL VOY SINGAPORE JAKARTA RATU 12/13 os/os mm W W KONSORTIUM 14/15 12/08 13/06 15/08 17/06 16/17 19/06 20/06 22/06 24/06 11/19 26/06 27/06 29/06 01/07 PRABHAKTI 66/67 IH/06 08/06 11/06 13/06 68/69 15/06 16/06 11/06 20/06 70/71 22/06 23/06 25/06
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    • 515 27 COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT n —7 fiuxrrowt wtte*oaii i ucmxP nir OUTBOUND TO MEDITERRANEAN ■AUCaOAA ALEXAMMIA BEIRUT OTTAWA OUTBOUND TO W AFRICA INBOUND FROM EUROPEFOR FAR EAST PORTS OCEANUS SHIPPING AGENCY PTE LTD SO2-63 ANSON CENTPE SINGAPORE
      515 words
    • 422 27 H P M LINE CONVENTIONAL LINER SERVICE JAPAM/STVKAITS/JAPAN Corfo «riM to cargo •10NCER UN HT'Js' hmW lABA IB iww 1/1 II occapl *o Japan tofH mdvdmg Kaovy corgo laox SO K/T) i intoml. AJ porticwton pl»an apply to: POMEX MAYA SDN BHD ,'P T UNITFD SHIPPING ORGANISATION LTD JAKARTA DIRECT
      422 words

  • Page 28 Advertisements
    • 420 28 v FARGO SHIPPING COMPANY (PTE) LTD REGULAR EXPRESS FIJI I CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERUNE From USA/Canada/Europa/MadHerranaan i: i i v TOB L HUDIG BRUSSEL ANTWERP i rm pm k um V'uM Em 200 Cantonment Road rO2-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import)
      420 words
    • 514 28 A L Alkka Ocean Lints Lxd. ACCEPTING FCL/LCL I BREAKBULK TO: LAGOS/ APAPA, PORT HARCOURT, WARRI, CALABAR, SAPELLE, TEMA, CONAKRY AND OTHER WEST AFRICAN PORTS M/V PEROAMOB TBN M/V EKEMOS COLUMBUS LINE REEDF.REI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMKOWTAHEP SERV)CE TO ■era of tIL'JLi SPORE IVY BANK VMS
      514 words
    • 246 28 •*2=3 s v r/f' y W&MMC* Mitsui OS K Lines Ltd i FULL CONTAINER JEDDAH MIDDLE EAST (OASIS) (KMMfT MC AT MHMM (UCTV USA (WEST COAST)/CANADA TO PSW (CCS SERVICE) mo nw m n Hmnwna w a m» I—in mum mum wt SKK.""" 8 asxas SS IS SS 2F JS
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  • Page 28 Miscellaneous
    • 153 28 r* K <;• Regional Weather VI r ran > 7 ti: SSfifr s X 4 :•>:•>. sN z w w S LL SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AH. TWS MORNi LC6CMO; Temperature c j uILIJ W#ather Wnd drection with speed *> knots J* CL Wo»« height Cloudy Sky
      153 words