The Business Times, 3 June 1987

Microfilm: NL15852
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 WEDNESDAY, JUNE 3, 1987 75 CENTS
    12 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    180 1 Exchange rata* THE Singapore dollar finished firmer at $2.1235/45 ($2.1240/50) against the US dollar yesterday. The local currency also closed stronger against the HK$ and yen, but weaker against the M$, Swiss franc and DM. US*. 144.85/95 yon, 1.8230/40 DM, S$2.1245/55 US$1.6325/35 M$t S$84.70/77 OvtrNM markets twMday
    180 words
  • Article
    Philips to raise rather than cut its $300m investments in Singapore
    573 1  -  By BOEY KIT YIN DUTCH electronics giant Philips has changed its mind about Singapore. instead of proceeding with plans to half its $300 million investments in Singapore, it will expand its local operations in the next 24 months as
    573 words
  • Article, Illustration
    Archbishop concedes case
    749 1  -  Vincent Cheng used Church for his own ends Reports by MANO SABNANI, RICHARD SEAH ROMAN CATHOLIC Archbishop Gregory Yong yesterday conceded that the government had good grounds for arresting Vincent Cheng under the Internal Security Act, but he asked for more evidence on the others detained. Speaking
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  • Article
    PM Lee — no cover for Marxism
    404 1 PM Lee no cover for Marxism THE GOVERNMENT will not tolerate people who use lawful religious organisations to purvey Marxism and Communism, or to build up a mass base and pressure points for political action, Prime Minister Lee Kuan Yew said yesterday. Speaking to journalists after his meeting with the
    404 words
  • Article
    Lock icon Paul Volcker will not serve another term
    245 1 Reuter PRESIDENT Ronald Reagan said yesterday that Paul Volcker had declined another term as chairman of the Federal Reserve. President Reagan said that he would nominate economist Alan Greenspan to take over at the US central bank when Mr Volcker's current term expired
    Reuter  -  245 words
  • Article
    Lock icon Gerakan to discuss proposal on DTCs with Bank Negara
    287 1 Bernama ES GERAKAN will meet Bank Negara governor Datuk Jaffar Hussein next week to discuss in detail the party's proposal on the setting up of an apex bank or any other option to help depositors of the beleaguered DepositTaking Cooperatives. Gerakan
    Bernama ES  -  287 words
  • Article, Illustration
    Share prices close mixed after late profit-taking
    223 1 SHARE PRICES closed mixed yesterday after profit-taking in the afternoon. Cautious investors were keen to cash in on the good gains which were made across-the-board over the previous few days. The Straits Times Industrial Index fell 3.90 points to 1.236.60 while the more
    223 words
  • Article
    The top ad agencies
    50 1 ADVERTISING and Marketing on Page 7 this week looks at the listings of Singapore's top agencies as ranked by Advertising Age in New York. And, coming up in China later this month, the biggest commercial conference China has yet staged in line with its "open-door" policy.
    50 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      147 1 HftXrrm -—ill MauUd A at ATM Ckm> <* Con*M»»« Ttt: 7MMM TMaar RS2SISO CaMr' ALEXKO Thorn EMI Rentals Yon make the presentation, we ll handle the rest 100"Sony Projection System $800/ day. Ideal for seminars, conferences, and training classes. Also available. 45" screen at $400/ day. Multiple System Colour TV
      147 words
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      Page 1 Advertisements Column 2
      330 1 Tale of two financial centres CONTRARY TO the fear of some, the emergence of Japan as a financial centre does not necessarily augur ill for Singapore, says an American professor of economics. For instance. Singapore and Hongkong too enjoyed more business when the Japanese offshore market was launched last year.
      330 words
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      Page 1 Advertisements Column 3
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  • HOME NEWS
    • Article
      MEMO PAD
      381 2 Seminars and Courses H c EG Cahners Tel *****13 Exposition Tlx RS ***** Group Fax: *****66 y DURATION TITLE VENUE OtGANtS® TELEPHONE Jun 17-19 Supporting Personal Hotel New Otani Management *****77 Computers Technology Education Jun 20 and Telephone Techniques SIM Conference Singapore *****66 27 and Courtesies Room Institute
      381 words
    • Article
      Esso lowers premium pump price to match rivals
      360 2 DEREGULATION of petrol pricing aimed at increasing competitiveness has yielded almost immediate results. Today, Esso cut the pump price of its premium grade petrol to 96.8 cents per litre, matching the pump rates set yesterday by the other five oil companies in
      360 words
    • Article
      M'sian chipmakers look for supplies nearer home
      429 2  -  Sales growth of 25 to 30pc predicted By GOH YEE LING THE MALAYSIAN electronic industry would like to cut short its supply line by buying parts from Singapore instead of Japan, and/or msnufacturing more of them locally, says the chairman of Malaysian American
      429 words
    • Article
      Buyer wanted for Hardee's and Baskin-Robbins franchises
      472 2  -  By ANNA TEO THICKER and juicier beef patties could not translate into thicker and juicier in fact, any profits. Barely two years into its fast food foray, and landed with a $3 million loss, trading group Mulpha (Singapore) Ltd is seeking to sell
      472 words
    • Article
      Corrections and clarifications
      39 2 THE INTEREST RATE for 12-month fixed deposits quoted by the United Overseas Bank ((JOB) group is 3.5 per cent and not 3 per cent as reported in Monday's issue of BT. We apologise for the error.
      39 words
    • Article
      Seminar to offer tips to small companies
      133 2 A SEMINAR on business plan- Mr Victor Ng, the director of ning and venture capital in re- the specialist services departlation to small- and ment of Peat Marwick Manage-medium-sized enterprises will ment Consultants Pte Ltd, will be held this afternoon. be speaking on
      133 words
    • Article
      More flights to India
      98 2 AIR TRAVEL between Singapore and India will be easier with a second Indian airline operating between the two countries. Indian Airlines will start a weekly Madras-Singa-pore-Madras service with effect from Thursday. This follows the liberalisation of the bilateral air services agreement between Singapore and In- dia
      98 words
    • Article
      Software house acts on piracy
      209 2 ASHTON-TATE. the world s second largest personal computer software maker, is on the warpath to combat parallel imports and attract buyers away from pirates. Its software will be sold at the US retail price and the exchange rate will be 2.15, a level very close
      209 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      111 2 m W V I* a A h r* f 1 The Beauty of China Airlines' World The skill necessary to produce this ivory sculpture of a legendary Chinese artist's concept of the harmony of the universe, has been handed down through the centuries. Treasuring the beauty of things past is
      111 words
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      Page 2 Advertisements Column 2
      65 2 TAN CHONG TOWER SERVICE APARTMENTS 15 QUEEN STREET 'An ideal location for your short stay in Singapore' Weekly basis within CBD "telephone. TV. air-con. cooker, fridge, kilchenware. household linen and housekeeping available Telex, secretarial and laundry services available Covered car park 24-hour security "Types available: Studio 5350 Weekly 1-bedroom 5420
      65 words
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  • ASIA-PACIFIC
    • Article
      Lock icon China denies plans to attack India
      398 3 UPI CHINESE Vice-Premier Qiao Shi said on Monday that incidents had occurred along the tense Sino-lndian border but denied that China was planning to attack its south Asian neighbour, the official Xin Hua News Agency said. "We are ready to resolve the boundary questions
      UPI  -  398 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      850 3 ARRIVALS Operator Sorvic* number Loco time From SU UA UTA SU StA MAS KAL AAAS MAS SU CPA MAS Al MA GU SU SAS Uft SU SU SU THAI MAS GU SU SU SU CAL GU su SU SU SU THAI GU THAI CPA MAS KIM AAAS
      850 words
    • Article
      Lock icon Idea of a 'multi-function town' to be studied
      199 3 AFP JAPAN and Australia agreed on Monday to conduct a feasibility study for a US$7 billion project to build in Australia a "multi-function" town, complete with high-technology industries, academic institutions and leisure facilities, Japanese officials said. The agreement came at a government-level
      AFP  -  199 words
    • Article, Illustration
      Lock icon Manila may use Israeli model for citizen's army
      247 3 AP PRESIDENT Corazon Aquino's government is looking to Israel as a model for building a "citizen s army" and phasing out paramilitary organisations. Mrs Aquino is expected to issue an order shortly creating such a force, Catalino Macaraeg, deputy presidential executive secretary,
      AP  -  247 words
    • Article
      Lock icon Reagan's economists review trade sanctions on Japan
      383 3 NYT PRESIDENT REAGAN'S top economic policy team met on Monday to examine reports that could persuade the President to remove or relax the trade sanctions that he imposed on imports of US$3OO million worth of Japanese goods, officials disclosed on Monday. "We may
      NYT  -  383 words
    • Article
      Lock icon Saudis tells US it will look elsewhere for arms
      161 3 AP SAUDI Defence Minister Prince Sultan has said that hia country will buy weapona elsewhere if the US Congress blocks the purchase of American arma. "It ia up to the American people to agree or disagree to supply Saudi Arabia with
      AP  -  161 words
    • Article
      Lock icon Shah's son warns America against being drawn into Iranian conflict
      243 3 AP THE SON of the late Shah of Iran on Monday warnad tha US against baing drawn into a military conflict with Iran, aaying such a move would serve to inspire Khomeini's government. "Direct US military involvement, even aa a
      AP  -  243 words
    • Article
      Lock icon Taiwanese Parliament shows its teeth and cuts budget
      272 3 FT TAIWAN'a Parliament haa had a record NTS46B billion (U5514.75 billion) budget after both ruling and oppoaition party MPa reached a compromise on an unprecedented NT$l2.6 billion in cuta from the originally propoaed NT$4BO billion figure. Parliament ia thua beginning to emerge
      FT  -  272 words
    • Article
      Lock icon Private property market re-emerging in China
      355 3 Reuter "RISING demand for private homes is spurring a revival of the property market... some owners have more than enough homes and are willing to sell or let them." This news item appeared recently in a newspaper but the dateline was not New York
      Reuter  -  355 words
    • Article
      Lock icon Bofors inquiry handed over to Sweden
      116 3 Reuter AN INQUIRY into allegations that Sweden's biggest arms firm bribed senior Indian officials while negotiating a major weapons deal was handed over on Monday to the Swedish government, an inquiry spokesman said. Leif Anted refused to give details of the findings but said
      Reuter  -  116 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      50 3 X I I \i \rv I The business person's choice, every I I I II II I Tuesday, Thursday. Saturday and Sunday I Ml Leaving Changi Airport at 22:05 L JL hours and arriving Heathrow early the fallowing morning. Call your Travel Agent or Air Canada at *****55. AIR CANADA
      50 words
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      Page 3 Advertisements Column 2
      228 3 X SOMEWHERE ALONG THE WAY, YOU MAY BEGIN TO RECOGNISE A FEELING YOU'D ALMOST FORGOTTEN. IT'S CALLED TAKING A BREAK'. TO FIND IT, COME TO THE HILTON INTERNATIONAL SINGAPORE TALK TO YOUR TRAVEL AGENT ABOUT OUR SUITE LIFE. FOR AS LITTLE AS $240' NIGHT, f YOU CAN EXPERIENCE OUR DELUXE
      228 words
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      Page 3 Advertisements Column 3
      7 3 R«agan warns against closing marietta, Pags 4
      7 words
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  • REST OF THE WORLD
    • Article
      Lock icon Reagan warns of retaliation against closed markets
      505 4 FT PRESIDENT Ronald Reagan, calling on Japan and West Germany to adopt more growth orientated economic policies, warned that countries which close their markets to American goods or unfairly subsidise their exports "risk a backlash from the American people". In a speech in
      FT  -  505 words
    • Article, Illustration
      Lock icon Inflation up in industrial nations
      167 4 AFP PRICES in industrialised nations rose at a slightly accelerated rate in the first quarter of 1987 after falling in 1986 to the lowest level in 25 years, the International Monetary Fund (IMF) said on Monday. Inflation increased at an annual rate of 2.3 per
      AFP  -  167 words
    • Article
      Lock icon Strike paralyses Canadian province
      411 4 UPI MORE THAN 300,000 workers shut down the economy of Canada's third-largest province on Monday in a 24-hour general strike to protest against government plans to cut the power of organised labour. Pickets hit every sector of the economy in a massive display of anger over
      UPI  -  411 words
    • Article
      Lock icon Moscow to step up campaign against alcoholism
      282 4 AP A NEWS AGENCY said on Monday that the Soviet Communist Party Central Committee has ordered new measures to boost the official campaign against alcoholism, which has been reported recently to be losing momentum. The official Tass news agency said the central committee,
      AP  -  282 words
    • Article
      Lock icon Mosquito repellent with a difference
      163 4 AFP A YOUNG Belgian researcher has perfected a non-chemical mosquito repellent that is 100 per cent effective, patent officials said in Brussels on Monday. The liquid developed by Alfons Vandoninck, 29, of Antwerp, also works against horse flies, spiders and other insects, said Jose Loriaux.
      AFP  -  163 words
    • Article
      Lock icon US airlines draw up schedules to ease congestion
      167 4 AFP EIGHTEEN AMERICAN airlines have disclosed summer schedules drafted in compliance with a Department of Transportation request that they limit airport congestion at peak flying times. The government had warned that summer air traffic congestion could pose security threats and worsen already
      AFP  -  167 words
    • Article
      Lock icon Food council official hits out at preoccupation with plenty
      288 4 Reuter WESTERN bickering over food surpluses is obscuring the fact that starvation is a bigger problem than ever before, a senior World Food Council official said. Alain Vidal Naquet told a news conference on Monday that a meeting organised by the
      Reuter  -  288 words
    • Article
      Lock icon Oil prices edge higher on lower production
      407 4 UPI OIL PRICES inched higher on the world market on Monday as a US pipeline shut down because of flooding and Opec's president said the 13-nation cartel is producing slightly less than its current ceiling. Industry sources said the Basin pipeline, which runs
      UPI  -  407 words
    • Article
      Lock icon US ill-prepared for energy crisis — House member
      175 4 US ill-prepared for energy crisis House member Reuter US REPRESENTATIVE Mike Synar said yesterday that while President Reagan is ready to use military force to protect Kuwait tankers in the Gulf, the United States is ill-prepared at home to deal with a new energy crisis. Mr Synar, Democrat of Oklahoma,
      Reuter  -  175 words
    • Article
      Lock icon German pilot held in KGB prison as officials carry out investigation
      357 4 UPI MATHIAS RUST, the young pilot whose landing in the middle of Moscow shook the politburo, is being held in the KGB's notorious Lefortovo Prison while Soviet officials investigate the case. Three West German embassy officials spent half an
      UPI  -  357 words
    • Article, Illustration
      Lock icon French minister to step down after presidential elections
      365 4 FT MR EDOUARD BALLADUR, the French Finance Minister, announced on Monday that he would return to private life after the presidential elections in May next year. The declaration caused some surprise in Paris because it has long been thought that should Mr
      FT  -  365 words
    • Article
      Lock icon The highs and lows of taxes
      118 4 AFP FRANCE imposes the lowest income tax burden on individuals among the 10 leading induatrialised nations, while Sweden's is the highest, says a study published in Bonn. According to the Co-logne-based Der Deutschen Wirtschaft (IW). the taxation of individual incomes amounts to 5.80 per
      AFP  -  118 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      112 4 e First Class Deluxe Hotel with the Business Class Rate. {fat/ &ayct Gpecrbff 1i in W l fUhr.itc I In- /Jonuvs l .mpliMu n' ii. \\i 1, lul! HutU r fir t t •^V 5 PAN PA( ;ii'l( K I I j i v t. Cclchr.itc the Dittcrcnn \.l|.i rni
      112 words
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      Page 4 Advertisements Column 2
      61 4 OLYMPICS COMFORT JE Z y s<g»M 'i 'i A WISE CHOICE The fastest from Singapore to Athens, Olympic offers you extra-spacious 42-inch seats plus all the trimmings and privileges of first class travel on its Olympian Class. All for just the price of a full economy ticket. For enquiries and
      61 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      38 4 Doonesbury St a z ►V. m If till &8T w* #i 3UTASUB UKB !09-9SWAnHS WHrrt House, veiMJMS TECHNICAL IN NATURE! AND I SHOULD KNOW-1%1 TECHNICAL* NATURE! II 4 >7/ LIU 1111 ill nS K'E i BY GARRY TRUDEAU
      38 words
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  • FOCUS
    • Article, Illustration
      Lock icon Fears of violence hit Lebanon
      647 5 Murder of Karami thwarts nation's interest, says official Reuter THE MURDER on Monday of veteran Prime Minister Rashid Karami has aroused fears of fresh sectarian violence that could thwart Syri-an-backed efforts to end 12 years of civil war in Lebanon. Mr Karami was Syria's choice
      Reuter  -  647 words
    • Article, Illustration
      Lock icon A tireless worker for peace
      648 5 AP RASH ID KARAMI, who was killed by a time bomb on Monday, became Lebanon's youngest prime minister in 1955 at the age of 34. He held the post on and off a record 10 times. The 65-year-old Karami was a close ally of Syria
      AP  -  648 words
    • Article
      Lock icon Education Minister steps in for now
      139 5 Reuter SELIM HOSS, named as Lebanon's acting Prime Minister on Monday following the murder of Premier Rashid Karami, is a US-educated economist with the reputation of a moderate and an effective mediator among his country's many warlords. The 57-year-old Education Minister is also a
      Reuter  -  139 words
    • Article, Illustration
      Lock icon Six Lebanese leaders murdered since 1943
      402 5 AP PRIME MINISTER Rashid Karami bethe sixth senior Lebanese politician to be assassinated since Lebanon's 1943 independence from Trance, although scores of others have 'survived attempts on their lives. Prime Minister Rlad SoJh, a SunJi\, was shot-dead by three assailants •while on an official
      AP  -  402 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      88 5 Leader, Page 8 Good America Only United has same day arrivals anywhere in the USA. We are America's Friendly Skies. Our daily morning departures via Tokyo or Hong Kong wing you across the Pacific in time to enjoy the rest of the day in the States. Lunch on the West
      88 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Optimism over German Eurobond market
      506 6 Analysts expect revival before summer slumber Reuter WEST GERMANY'S Eurobond market may revive in June, after two months' relative dormancy, before dozing off for the summer, say bond market sources in Frankfurt. Syndicate managers said many borrowers, anticipating lower German interest rates, cancelled mandates during
      Reuter  -  506 words
    • Article
      Lock icon Security Pacific increases loan loss reserve
      263 6 Reuter AMERICA'S seventh largest banking group has said it will follow other big banks by putting aside US$5OO million to protect itself against losses over its Third World loans. Security Pacific announced in Los Angeles on Monday that this would mean a loss of
      Reuter  -  263 words
    • Article
      Shell Eastern signs S$100m NIF for cheaper financing
      251 6  -  By AMY BALAN SHELL Eastern Petroleum (Pte) Ltd has signed a three-year Ssloo million note issuance facility (NIF) to obtain cheaper and more cost-effective short-term financing. The NIF, arranged and managed by the Singapore International Merchant bankers Ltd (SIMBL), is unique in
      251 words
    • Article
      Lock icon Sterling commercial paper market tops £1 billion
      405 6 FT THE STERLING commercial paper market surpassed the £1 billion milestone in April, a year after the Bank of England first gave the go-ahead for the market's inception. The amount of outstanding commercial paper issued by companies with a final term of less
      FT  -  405 words
    • Article
      Forex markets
      1418 6 SINGAPORE: The US dollar closed lower against most major currencies yesterday, with its early firmness erased in moderate late trading on profit-taking. Dealers said that the dollar firmed during the morning session mainly on buying and short covering by Japanese life insurance firms and investment trusts. Short-term sentiment
      1,418 words
    • Article
      Asian dollar market
      174 6 us$ OFFER MO 7 day* 6 15/16 6 13/16 1 moo* 7 l/» 7 2 —in 7 1/4 7 1/« 3 7 5/16 7 3/16 6 nwi*»i 7 »/16 7 7/16 9 nioiitu 7 13/16 7 11/16 12 iwumtw 8 7 7/1 S Fr Dm (MMdl* prim)
      174 words
    • Article, Illustration
      World interest rates
      184 6 Indicates the ivtrag* of the prim* landing rates of 12 ma|or banks In Singapore Interbank market rates (offer/bid) on June 2 uss DM SWFC Y«n 7 doyt IS/1* 11/1* %7f 4-17/1 1 2 1/4 4 1/1* 1 IS/I* 1 mm 7 1/1*— 1/1* IS/1* 11/1* 1 IS/1*
      184 words
    • Article
      Govt securities market
      55 6 Treasury bills (mo«t recei rrt Issues) Issue code Maturity Yesterday's yield KID OFfW tQ ***** 1 27.8.87 2.65 2.55 BS ***** A 26.11.87 2.95 2.85 Singapore government bonds Issue Coupon Maturity Indicative Yield code rate closing (offered price rate) N*****0Z 3.500 1.6.1989 99.603.66 99.70 N*****0H 5.375 15.5.1992
      55 words
    • Article
      Money markets
      53 6 THE OVERNIGHT rate on the Singapore interbank market yesterday closed 1% points higher from Monday's close. One and two months shed point each while three month closed unchanged. S$ Interbank rates at 7pm yesterday: 0«W UD Omrnight 4 3% 1 4% 4K 2-month 4% 4^4 3-monfh 4% 4%
      53 words
    • Article
      Simex/IMM
      552 6 SEPTEMBER Eurodollar opened 10 ticks lower at 92.19 in Singapore yesterday. However, a steady US dollar ahead of the Venice summit led prices to trend higher initially, but they eased off on profit-taking during the Liffe session. The September contract closed at 92.12, after ranging between 92.24 and 92.10
      552 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      130 6 Pearlcorder MICROCASSGTTG SYSTGM 2000 1 '-•S ;iv r r.: ■■T. m mm mm How to automate your office Introducing a dramatic new way to look at f dictation: the Pearlcorder Microcassette System 2000. The ultra-compact hand-held recorder lets you compose documents anywhere. The dictation transcriber features a visual display that
      130 words
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      Page 6 Advertisements Column 2
      17 6 Are your savings earning these rates? If not, phone us at 220-1688 Minimum Deposit: Foreign Currency $50,000
      17 words
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  • ADVERTISING & MARKETING
    • Article
      Beijing gearing up for big advertising conference
      392 7 OVER 15 TONNES of audio-visual and other equipment from Britain have been shipped to China in preparation for what has been touted as the biggest commercial conference ever held in China. All the big advertising, marketing and media names will be in Beijing
      392 words
    • Article, Illustration
      A Rado watch to hang on the wall
      126 7 THE LATE Andy Warhol unveiled this rendering (right) of a Rado Diastar Anatom watch in New York in February shortly before his death. The acrylic silkscreen on canvas is now on show, among other works of contemporary art and watches, in Hongkong.
      126 words
    • Article, Illustration
      DMB&B back on track after revamp
      389 7 IT SEEMED, at one stage, that the market had totally dismissed D'Arcy Masius Benton Bowles Pte Ltd (DMB&B) as it retreated quietly with each succeeding account loss after three consecutive years of serious losses and liabilities. Left with hardly any sizeable local accounts and
      389 words
    • Article
      Ogilvy & Mather retains pole position in agency listings
      577 7  - Ogilvy Mather retains pole position in agency listings Top five positions in trade journal rankings remain unchanged By MONICA GWEE THE TOP FIVE SLOTS for international agencies in Singapore were unchanged in the latest listings by New York-based trade journal Advertising Age. Ogilvy Mather retained its place as Singapore's leading
      577 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      942 7 PLATINUM FOR INVESTMENT (The Precious Metal most know precious little about) Why you should read this. Because platinum is experiencing an explosion of interest from investors. Starting in 1982, before which time investor demand for platinum was negligible, there has been tenfold growth in just a 5 year period Read
      942 words
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  • FEATURES
    • Article
      A martyrdom by any other name
      600 8 IT MIGHT SEEM a strange thing to say, but one of the problems with political violence today is a loss in the realm of linguistic value. Once upon a time, people used to be martyred when they laid down their lives for a cause;
      600 words
    • Article, Illustration
      S'pore an ideal financial gateway
      1595 8  -  Professor suggests financial institutions invest more in research and information Singapore is ideally placed to become a premier regional financial centre, to become a major conduit for the movement of capital between the region and the first-tier financial centres, says an American economist. Economics Correspondent
      1,595 words
    • Article
      'Hard to get students to be creative'
      468 8 "THE WHOLE is less than the sum of the parts," comments Professor Richard S Thorn, summing up his one-year teaching experience at the National University of Singapore. Professor Thorn is the first Tan Chin Tuan Professor of Banking and Economics with the Department
      468 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      108 8 H Vv ic i s .'•sDrti r vs ft 1 M U Vj ■-■M' 98& f M w £>■ fsi 4 n planning "All work and no play makes Jack a dull boy" and dull people don't make it to the top of any heap. Lifestyle is of crucial importance
      108 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      689 8 CRYPTIC PUZZLE ACROSS 1 Jack may be a big disappointment (5) 6 Fluid able to spurt? (5) 9 Any loch can have such calm days (7) 10 Repeatedly one has the advantage (5) 11 Illegally take some films at the church (5) 12 Just follow the current tendency (5) 13
      689 words
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  • SPORTS
    • Article
      Lock icon Broad pulls out of Test against Pakistan
      270 9 AFP ENGLAND opening batsman Chris Broad has pulled out of the first Test against Pakistan, which starts at Old Trafford, Manchester, on Thursday. The Nottinghamshire left-hander, who scored two half-centuries in England's oneday series victory, suffered a cracked left thumb last Sunday when
      AFP  -  270 words
    • Article
      Lock icon Massive pile-up at Italian cycling race
      242 9 Reuter SIX CYCLISTS, including twotimes winner Giuseppe Saronni of Italy, were taken to hospital on Monday after a spectacular pile-up in the last straight of the 10th stage of the Giro d'ltalia cycle race. Italy's Paolo Rosola, winner of the eighth leg last week,
      Reuter  -  242 words
    • Article
      Lock icon Michael Spinks pulls no emotional punches
      776 9 Reuter MICHAEL SPINKS still feels the pain not from more than 15 years of boxing, but from a teacher who teased him as a 10-year-old for having holes in his trousers. "I was a real poor kid. I didn't have but two pair of
      Reuter  -  776 words
    • Article, Illustration
      Lock icon Connors keeps rolling along
      365 9 Reuter JIMMY CONNORS, who would have everyone believe he is just another elderly American taking in the sights of Paris, decided to visit the quarter-finals of the French Open tennis championships on Monday. Three months short of his 35th birthday. Connors beat West German Ricki Ostherthun
      Reuter  -  365 words
    • Article
      Lock icon Amazement and admiration from younger players
      296 9 AP JIMMY CONNORSs advance to the quarter-finals of the French Open has spurred amazement and admiration from younger rivals for the only Grand Slam event he has not won. "I think it's amazing that he's in the quarter-finals at 34. Not too many people
      AP  -  296 words
    • Article
      Lock icon Noah tames stubborn Carlsson
      476 9 AFP YANNICK NOAH took a major step towards repeating his emotional 1983 Championship triumph in Paris on Monday when he edged past tough Swedish opponent Kent Cartsson 7-6 (7/4), 6-3. 6-7 (5/7). 7/5 in an absorbing, punishing three-and-a-half hour Centre Court battle to reach the quarter-finals
      AFP  -  476 words
    • Article, Illustration
      Trainer van Berg still confident of win for Alysheba
      368 9 TRAINER Jack van Berg knows he'll need some luck for Alysheba to win Saturday's 119 th Belmont Stakes and become the 12th Triple Crown winner in thoroughbred history. But he remains confident he has the horse to do it. "He acts
      368 words
    • Article
      Lock icon Cauthen confirms he will ride Reference Point
      433 9 Reuter AMERICAN Steve Cauthen was in action on Monday fresh from narrowly escaping injury which could have put his bid to win the Epsom Derby for a second time in serious doubt. The former English champion jockey has confirmed he will ride hot
      Reuter  -  433 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1266 9 to iML) mm ii *y 7 V 4 yy Kim Braden (right) stars as Clao Spearfield, a dedicated and dynamic Journalist SPEARFIELD'S DAUGHTER 9.30pm, Channel 5 The Vietnam War provides the backdrop to the opening segment of this six-part drama series about a woman journalist's struggle to stay at the
      1,266 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon BA expects to benefit from deregulation
      313 10 Reuter BRITISH AIRWAYS which was sold to the public by the Conservative government in February, has a good chance of flourishing under European airline deregulation, chief executive officer Colin Marshall said on Monday. Mr Marshall told Reuter Europe will phase in deregulation gradually to
      Reuter  -  313 words
    • Article
      Lock icon R J Reynolds under investigation
      190 10 Reuter THE US GOVERNMENT has begun a criminal investigation of R J Reynolds Tobacco Co after the company imported herbicide-tainted tobacco and then exported tainted cigarettes to Japan, federal law enforcement authorities said on Monday. "We can confirm that the US Customs Service has launched
      Reuter  -  190 words
    • Article
      Lock icon Wall Street's early gains whittled away
      393 10 Reuter STOCKS CLOSED mixed in sluggish trading on Monday after remaining aloft the balance of the day. The markets early gains were whittled away late in the session when the bond market eased from its session highs. But stocks associated with real and rumoured
      Reuter  -  393 words
    • Article
      Lock icon Maxwell in bid to stop Harcourt
      178 10 Reuter BRITISH PUBLISHER Robert Maxwell, apparently showing he is still keen on acquiring book publisher Harcourt Brace Jovanovich Inc, on Monday sued the US company to stop it from carrying out an anti-take-over plan. Harcourt, America's largest school book publisher, last week announced an
      Reuter  -  178 words
    • Article
      Toronto
      138 10 JUNE tl AbMW Ct am Inco Int Prov Ptpa ki InM 22% 46% uncti A lean Alum 36% Karr Add son Algoma 30 16% inch 14% Bank Nov Scotia Bank Of Montreal 17% 33% jnch McMII BWI Moiion A 24% 23% Bail Canada 42 31% •1% Bp Rotourcot Braacan
      138 words
    • Article
      New York
      494 10 JUNE tl UB Engalhard Cp Exxon Cp 25% 87* t-% Natl Oiat Cham 63% 6 1% A lean AJumin Ateo# 40* 47% Flraatona Tire.. Fluor Cp 39% 17% t-% NCR Corp Newmonl Mng...... 73% 97% •1% t-% Ali#g Intt 16% 40% •t-% FMC Cp Ford Motor 34% 61%
      494 words
    • Article
      European markets
      742 10 Amsterdam JUNK »1 pie ABN 462 50 •46 Aagon Ahokl 87 00 96 00 0.7 Akzo Atranta AMEV Amro Bank Am Stad 131.20 149.00 91 00 73 10 125 50 0.5 unci* unch unch Btrltti isao BOLS 199.00 Bomimii 123 Buahrman Tanaroda 52 80 Caiva as? unch -1.5
      742 words
    • Article
      Lock icon Rome okays joint venture
      54 10 Reuter ITALY'S Ministry of State Participation formally approved the telecommunications joint venture between Stet, a subsidiary of the state holding company Istituto Per La Ricostruzione Industrials) (IRI) and Fiat SPA. Minister Clelio Darida passed the joint venture Telit—Telecommunicazioni Italiane SPA yesterday morning. Reuter Johannes burg, Milan
      Reuter  -  54 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      467 10 ma/zsk ad! z* m m )r.*> v\ mil/. mm y. 4 *2 S* 4 Baron's Table Sunday Brunch... you'll love it.' Give mum a break this Sunday and bring the family in for our taste-tempting Brunch. You can relish our enormous spread of wholesome fare at only 825.50 per adult
      467 words
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      Page 10 Advertisements Column 2
      155 10 !@?++.=<\^%';[\>&\_](|{:}}\`{_' With the dynamic g Melody Band from 1 the Philippines. At The Lounge daily except Sundays. Bpm 1 am. with an extra hour on weekends and eve of Bublic holidays. Happy [ours from 5-7pm daily. Third drink is free with every two similar drinks ordered, 270 Orchard Rood. Singapore
      155 words
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  • ASIAN STOCKS
    • Article
      Hongkong
      375 11 HONGKONG: Share prices closed higher on fairly active bargainhunting yesterday, despite a halfpoint rise in local interest rates effective yesterday. The Hang Seng Index gained 14.49 points to 2,934.19 and the Hong Kong Index was up 9.79 at 1,892.88. Turnover totalled HK51.039.50 million. Brokers said the market had discounted
      375 words
    • Article
      Taipei
      184 11 JUNE ax All SI near* Indua NTS 4.20 -1.8 Kuochan Dav Laa Chang Yuan Cham Indus Cathay Cona Chang Hwa Bank.. Llan Hwa tndua. Nan Ya Plaa Pacific Cona 52.00 -2 Chia Haln Camant Chin Haln Flour 43.00 15.40 -1.3 -0.8 Pacific Elact Wlra Sharp 25.00 20.80 -1.7 -1.3
      184 words
    • Article
      Tokyo
      466 11 TOKYO: Prices closed lower yesterday in moderately active trading on profit-taking after three consecutive rises to record levels and due to reluctance by institutions to buy ahead of the Venice summit of industrial powers. The market index fell 90.15 to close at 24,902.63 after rising to 25,051.96 in early
      466 words
    • Article
      Manila
      92 11 JUNE 02 I pesos Msrst—I Oriantal B 0030 unch Aco|« Mining Phil Ovarsaaa 0 08 -0 0025 Anglo Ptiil Phiia* B 0 53 0 01 0 048 ■0 001 Plcop B Atlas Con B 22 PLOT 475 20 Bagoio Gold 0.006 unch San Migua! B Basic Patrol sum 0.014
      92 words
    • Article
      Sydney
      389 11 SYDNEY: The Australian share market yesterday fell away in afternoon trading, with gold and resources stocks down sharply at the close. Trading reflected a weak market in London overnight and pressure on the gold price following the rally in the US dollar. At the close, the All Ordinaries Index
      389 words
    • Article
      Seoul
      107 11 JUNE Kai 1420 Kangwon Ind ***** ChaM Sugar -200 Kn Motor 1120 -2980 900 -4 -25 10 Daewoo Corp Daawoo Haavy OalaMn Sacunttaa Dong All Phar ***** ***** 3800 ***** 2080 420 -36 -900 Koraa Long Tarm... Lucky Ltd Ortantai Brawary 2385 1470 ***** Dong Suh Stock Dongbu Staat
      107 words
    • Article
      Lock icon Bangkok
      146 11 Reuter BANGKOK: The Securities Exchange of Thailand Index rose 1.36 to 272.21 on a turnover of 2,228,191 shares worth 416.6 million baht. JUNK as MKT Maul Bom n so -05 L SOS 2 Pnaf Publtahina 217 12 Ayuonya invaatmam Saha Union 306 8 Bangkok Aground Ill 1 Siam Camant
      Reuter  -  146 words
    • Article
      Lock icon IEL raises stake in Wrather
      76 11 Reuter INDUSTRIAL Equity (Pacific) Ltd, a Hongkong investment firm, raised its stake in Wrather Corp to 2,025,850 shares, or 28.1 per cent of the total outstanding common stock, from 1,806,700 shares, or 25.1 per cent. In a filing with the Securities and Exchange Commission, lEL,
      Reuter  -  76 words
    • Article
      Lock icon Matsushita in US$25m venture with Ford and Mazda
      179 11 UPI MATSUSHITA Electric Industrial Co has signed an agreement with Ford Motor Co and its Japanese affiliate Mazda Motor Corp to establish a US$25 million joint venture to manufacture car air conditioners in Japan for the Japanese carmaker. Matsushita, Japan s largest
      UPI  -  179 words
    • Article
      Lock icon British Caledonian starts new service
      131 11 AFP BRITISH Caledonian Airways inaugurated the London-Tokyo flight with the first flight to Japan of a Boeing 747 jumbo jet carrying 124 passengers arriving at Narita airport in Tokyo on Monday. British Caledonian Airways, Britain's second largest airline, is to operate three return flights a
      AFP  -  131 words
    • Article
      Lock icon Delta plans flights to Seoul
      75 11 AP DELTA AIRLINES plans to start regular services between South Korea and Atlanta in the United States later this year. A transportation ministry statement said the American carrier was seeking permission to operate six flights a week between Seoul and Atlanta via Portland, Oregon and
      AP  -  75 words
    • Article
      Lock icon Renison Goldfields to venture into Papua New Guinea's Bulolo field
      216 11 Reuter RENISON GOLDFIELDS Consolidated Ltd and explorer City Resources Ltd have agreed in principle on a joint venture to re-examine the Bulolo alluvial gold field in Papua New Guinea. City Resources would progressively earn up to 66.66 per cent of
      Reuter  -  216 words
    • Article
      Lock icon Kepco to float Euroyen bonds
      119 11 AP THE KOREA ELECTRIC Power Co (Kepco) will float Euroyen bonds in London to raise 7.5 billion yen later this month. Officials say the proposed bonds will carry a coupon rate of less than 5 per cent. The London branch of Japan's Daiwa Securities Co
      AP  -  119 words
    • Article
      Lock icon Teijin buys over UK joint venture
      71 11 Reuter TEIJIN LTD had acquired 100 per cent ownership of its former computer floppy disk manufacturing joint venture with Britain's Memorex International Ltd, a Teijin spokesman said. It bought Memorex's 49 per cent stake in the former London-based joint venture firm, the spokesman said.
      Reuter  -  71 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      538 11 V ii to wiac, tiims juuil eaierfaia > FASHIONABLY HYATT Join the fashion-conscious every Wednesday and Thursday (3.00 -6.00 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and
      538 words
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      Page 11 Advertisements Column 2
      147 11 EAST-WEST BUFFET LUNCH w N NOW SERVING DRUNKEN PRAWNS plus 40 Sr $12.50 p«r p«rson $o.oo++ Child Free coffee or tee for Buffet Lunch from now till 30/6/87 Sfl HOVVM^ J L K CtimhHl Orel*. Sport 0922 »ae oar*»j W T»l *****2? Of *****98 wc r Co fowtrt anxaMa THE
      147 words
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  • COMMODITIES
    • Article
      Lock icon Dropping of Comex limits: little effect seen
      299 12 Reuter THE elimination of price limits on precious metals contracts trading at the Commodity Exchange in New York appears to be having little effect on the market, analysts have said. "There is nothing apparent from the change,'' said William O'Neill, director of futures
      Reuter  -  299 words
    • Article
      Lock icon US soybean farmers trying to raise Korean and German interest
      304 12 AFP THE AMERICAN Soybean Association is hosting South Korean and West German soybean processors in an effort to broaden a growing market in the Asian country and to hang on to customers in the European nation. A five-member group from
      AFP  -  304 words
    • Article
      Lock icon New gold find in old Saudi mines
      99 12 AP SAUDI ARABIAN geologists have discovered significant gold deposits at the ancient mines of al-Amar, it was reported on Monday. The weekly Middle East Economic Survey said the geologists of the Ministry of Petroleum and Mineral Resources said samples indicated that one of
      AP  -  99 words
    • Article
      Lock icon Indian tea output fell 5.5pc last year, says report
      212 12 AFP INDIAN TEA production, the largest in the world, fell by 5.5 per cent in 1966, a trade group said in a report published Tuesday. Production had fallen by about 36 million kiloe to 621 million kilos. R P Kalyani, chairman
      AFP  -  212 words
    • Article
      Lock icon More metals to be added to official LME stocks in Singapore
      237 12 AFP SINGAPORE, designated by the London Metal Exchange earlier this year to be the first Far Eastern good-de-livery point for aluminium, will also hold official LME copper, lead, zinc, and nickel stocks from the beginning of next year. In
      AFP  -  237 words
    • Article
      Palm Oil
      428 12 Crude palm oil futures closed easier yesterday in quiet trading at the Kuala Lumpur Commodity Exchange. Dealers said that lack of buying interest led to the lower close as the market was still in a holiday mood. There were no fresh developments and this further depressed sentiments. The
      428 words
    • Article
      Wheat
      124 12 WHEAT FUTURES in Chicago rebounded from the minus side to cloee 1-1/2 US cents a bushel higher to unchanged on Monday. July finished 1/2 cent higher at U552.74-1/2. The short covering rebound in the soycomplex prompted spillover buying in wheat. Earlier, wheat values came under renewed speculative selling pressure.
      124 words
    • Article
      Produce Prices
      277 12 Chinese Produce Now drum 131.00 25% 203 Exchange /TK3 XJOQ Ul WW Mk 126.00 117.00 195 190 SeWeo' noon daring pi Juno 2 (SI/100 kg) Coconut oil rtco* an Local In buti 114.00 35% 185 Copra (ms/lootcg) 6700 Broken Rice A-l Supor A-l Sptdd 146 M *08 88.00
      277 words
    • Article
      Precious Metals
      349 12 HONGKONG: Gold closed higher yesterday on late buying by mainly US commission houses in view of the weakening US dollar. Bullion rose to U*****.60/U*****.10 an ounce from an initial U*****.10/60 and was above New York'a U*****.70/U*****.20 Close But it was below last Friday's finish of U*****.00/50 before the
      349 words
    • Article
      Oil and Products
      83 12 EAST ASIAN oil products wore mixed in thin talk. Naphtha fail on limited buying intaraat Fuel oil and Low Sulphur Waxy Residue were steady. Qaaoil waa firm for prompt loading. Kerosene was quiet Crude (FOB origin) US$/Wrat Otang* 0*4 (My) 17.13 0.03 WM T«M wn (My) 19J3
      83 words
    • Article
      London Markets
      336 12 London Commodity Exchange Ruyor/SoRor doi ring prioot an Juno 1 (i/toan* unioM ipoi m«.r Previous dosing prices In Con— lotii Iwloci loftdci. wfttn ooMovi OF London Mr 1340/1345 (1365/1368) High/Low 1378/1337 Sop 1358/1360 (1382/13*4) High/Low 1394/135* MM (unov) Cocoa Mr 1267/1268 (1260/1261) High/Low 1271/1263 Sop 1264/1265 (1261/1262) Mgh/low
      336 words
    • Article
      Lock icon Tocom to take in more
      77 12 Reuter THE TOKYO Commodity Exchange (Tocom) for Industry will allow five more members to become precious metal brokers, taking the total to 54. and four more members to be rubber brokers, for a total of 39. The Ministry of International Trade and Industry is expected
      Reuter  -  77 words
    • Article
      Soybean
      129 12 SOYBEAN FUTURES in Chicago rebounded late to range from up 3/4 US cent to off 6-1/2 cents a bushel at the close on Monday. July finished up 3/4 cent at U555.49-1/2. Traders said that soycomplex prices recovered on active short covering by local professional houses. They attributed the rally
      129 words
    • Article
      SSR and SMR
      81 12 (canft/kg, 1-ton poHan) JULY 87 AUGUST 87 (currant month) (forward month) NOON NOON RAS Ivyan Walton lwy«n Silhn SSt 30 183.00 184.00N 183.00 184.00N SSt SO 181.00 183.00N 1S1XX> 183.00N MRELB br«n S*U*n Ivyari S*H«n SM> cv 250.50 353.5ON 351 JO 353JON SMI I 349JO 351 JON
      81 words
    • Article
      Rubber
      161 12 SINGAPORE The market closed higher yesterday with July 1 RSS buyers quoted at 209.75 cents/kilo, up 1.75 cents from Monday. July and August TSR-20 both closed up one cent at 176.50. MALAYSIA The market cloeed higher in subdued pre-holiday trading with July Int ones RSS buyers rising to 243.50
      161 words
    • Article
      KL Tin
      131 12 THE PRICE OF TM on the Kuala Lumpur tin market clossd six cants knrar at M 516.66 par kNo yoatarday i ApAjilgKja In winy moovfaiv iriaing. Tha tall was attributed lo Initial Mgh <»pDHIi and ■m lack ol a laad from Via Europaan spot Hn markat rtn nLntit
      131 words
    • Article
      RAS and MRELB
      285 12 RAS prices mse •nta/kg, FOB In Mm 1 NOON CLOSE Buyon Seller* tuyon Seller* bit 1 RSS Prompt 212.00 213.00N 213.00 214.00N It* 1 RSS My 87 208.25 ***** ***** 210.25 Int 1 RSS Aug 206.25 ***** 207.25 208^5 to 2 RSS Of 198.25 200.25N 199.25 201.25N
      285 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      294 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 185) AND IN THE MATTER OF NAM LEE SCIENTIFIC PTE LTD (Incorporated In the Republic of Singapore) (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of members of NAM LEE SCIENTIFIC PTE LTD duly convened and held at 5001
      294 words
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      Page 12 Advertisements Column 2
      291 12 THE COMPANIES ACT, CAP. 188 S.O.G. MARKETING SERVICES PTE. LTD. VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of 5.0.0. MARKETING SERVICES PTE. LTD. duly convened and held at 13 Veerasamy Road, Singapore 0820 on Saturday, the 30th day of May 1987, the following special resolutions set out below were duly
      291 words
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      Page 12 Advertisements Column 3
      313 12 IN THE MATTER OF THE COMPANIES ACT. CAP 115 AND IN THE MATTER OF S K APPARELS IS) PTE LTD (In Mentor's Vekintary WindknfrUpl NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of S K Apparels (S) Pte Ltd duly convened and held at 36 Robinson Road. #05-01/02
      313 words
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      Page 12 Advertisements Column 4
      336 12 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF SURERISE PTE LTD (In Member*' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at 20 Maxwell Road #06-03 Maxwell House Singapore 0106 on 26th May 1867, the following resolutions were
      336 words
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      Page 12 Advertisements Column 5
      179 12 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 185) ANO IN THE MATTER OF TECX SIN RUBBER PTE LTD (IN CREDITORS VOLUNTARY LIQUIDATION! NOTICE IS HEREBY GIVEN, pursuant to Section 306(2) of the Companies Act Cap 185 that the Final Meeting of the Members and of the Creditors of the
      179 words
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      Page 12 Advertisements Column 6
      2 12 TRADER VK'S
      2 words
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  • SHARE INFORMATION
    • Article, Illustration
      Market absorbs profit-taking to close mixed
      4375 13 SOME PROFIT-TAKING appeared yesterday following the hefty gains on Monday. But with bullish sentiment still strong, prices finished mixed. After a strong start in the early morning following Monday's huge 20.33-point gain, the market started to waver at about 11.30 am as profit-takers moved
      4,375 words
    • Article
      Chief price changes
      211 13 x SINGAPORE Ohgtal hlWwy Rites 50* 324 590 H 50* 334 to 200 370 396 36 30 14 X 1 4 Indices km* 1 •T Cowprt. 1106.99 •T O# OS +250 •TCAO -5666 9 1103.15 336 •5653 Y H S M Hour T 14 13 13 •TOtV
      211 words
    • Article
      Business done on the SES
      4560 13 SECTION ONE MDUtTMAL rOMMgWCIAL Am II Ml I 93 SI 1421 1.95 M iw oo \n m in on i.«o in 191 Ml 1« 071 192 (20 1.91 193 111 141 1171 190 CD Ataoi 0.74 0 (2 074 a 074 II 0.77* *mat SM
      4,560 words
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  • COMPANY NEWS
    • Article, Illustration
      May brought out the buyers in full force
      867 14  -  TK MONTH THAT WAS By HOMER CHEN MAY WAS a good month for the Singapore stock market which surged forward in active buying, propelled by heavy demand from investors, local and foreign, small and big-time. The Straits Times Industrial Index rose by
      867 words
    • Article
      Selected indices
      104 14 HONGKONG Hongkong Index Tuesday 1892.88 Monday Closed Week ogo 1891 85 Hang Seng Index Tuesdoy 2934.19 Monday Closed Week ogo 2935.88 All Industrials Tuesday 2573.8 Monday 2573.0 Week ago 2551.0 NEW YORK Dow Jones Monday 2288.23 Friday 2291.57 Week ago Closed TOKYO Nikkei Average Tuesday *****.63 Monday *****.78
      104 words
    • Article
      Unit trusts
      246 14 Monogcrs' prices for June 3 Singapore Unit Trust Tha ComiMrc* I II 1 18* Th* Savings Fund 0 *6 1.02 S'por* frog Fund 0.46 0 SO S'por* S*c Fund 078 0 83 S'por* lnv*sf Fund 0.81 087 S'por* Equity Fund 0.56 0.60 Asia Unit Trust Mol Invest Fund
      246 words
    • Article
      Lock icon Antah expects financial services to boost profits
      551 14 MBT ANTAH Holdings Bhd expects more than SO per cent of its group pre-tax profit for the year ending March 31, 1988, to come from its financial services division. Managing director Tunku Imran ibni Tuanku Ja'afar said the proposed purchase of a 20
      MBT  -  551 words
    • Article
      Selected stocks in KL gain support
      407 14 THE Kuala Lumpur stock market experienced a mixed to slightly steadier close yesterday as profittakers re-appeared for a good part of the session following the previous firm advances. Fresh support in selected counters, however, resulted in a number of double-digit gainers. Financials held steady
      407 words
    • Article
      Lock icon Injunction granted to restrain Emtex from confirming minutes of board meeting
      374 14 NST THE KUALA LUMPUR High Court has granted an injunction restraining Emtex Corporation Berhad from confirming the minutes of a board meeting held last Wednesday. At that meeting, Emtex managing director Chris Low attempted to set aside the resolutions
      NST  -  374 words
    • Article
      RESULTS DUE
      350 14 LAST FULL YEAR Company P*r<od Dot* Yaor Nat EPS CTOM Nat announced »d>n loan*) dfc profit lost yaar ($-000) Fed Cables Interim Jun 87 6,1751 li) S J Amal Interim Dec 19 Mar 86 7.3 527 Malayawata Interim Dec II Mar 87 30,4931 Minebea Final Mar 10 Sep
      350 words
    • Article
      Business done on the KLSE
      2619 14 BID and offer prices officially listed and in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Apnomoto QMS) AJcom ***** a 91 (12 90 AJJI (157*1
      2,619 words
    • Article
      COMPANY MEETINGS
      292 14 AMCOL ELECTRICAL INDUSTRIES Limited: AGM at No.7 Fourth Chin Bee Road, Singapore 2261 tomorrow at 10am to be followed by the EGM. EU YAN SANG HOLDINGS Limited: 14th AGM at 65 Chulia Street #19-00, OCBC Centre. Singapore 0104 today at 12.30pm. LEE KIM TAH HOLDINGS Limited: 5th AGM
      292 words
    • Article
      Lock icon The truth about those contra deals
      545 15 mm$ mm™ By HOCK LOCK SIEW CASHLESS contra deals will be extinct by July and some disgruntled remisiers and market players are already predicting dire consequences for the bull run even before the Stock Exchange of Singapore has worked out the finer points of
      By HOCK LOCK SIEW  -  545 words
    • Article
      Super Holdings to buy rest of George Town
      197 15 SUPER HOLDINGS (M) Sdn Bhd is making a general offer for the remaining 3.6 per cent equity of George Town Holdings at MS 1.60 a share. Super Holdings completed its acquisition of 96.4 per cent of George Town's equity on Monday, putting
      197 words
    • Article
      Two Wannian creditors tying up financing for Furama deal
      401 15  -  By HOMER CHEN ARRANGEMENTS are being finalised for DBS Bank and Bank of China, defunct Wannian's two major secured creditors, to finance Samta group's purchase of Wannian's last asset, Furama Hotel. The two banks are expected to lend more than $30
      401 words
    • Article, Illustration
      UIC sets up electronics arm to broaden profit base
      643 15  -  Bid to plug into buoyant components industry By AMY BALAN THE DIVERSIFIED United Industrial Corporation group has set up an electronics manufacturing plant in a bid to broaden further its profit base, and to capitalise on the booming electronics components industry.
      643 words
    • Article
      DIVIDENDS ANNOUNCED
      1171 15 Current (x Beefco Mi Jam tor TeM lor payment date doee payable Me year M year A B N 13)4% NYA NYA NYA 27% 27% A Enterprise* 2%ta) Jun 5 Jun 17 Jul 3 5% 22% Acma Amcol 1%TE Jun 22 Jun 29 Jul 31 l%TE 4%TE '0%
      1,171 words
    • Article
      LONDON STOCKS
      868 15 THE MARKET was s little below its best yesterday sfter an initial advance following the latest opinion polls. Gilts traded quietly and were little changed. Gold shares rallied with gains stretching to US$5. The FT 30 share index at midday was up 12.8 at 1743.9. Among leading shares.
      868 words
    • Article
      Lock icon Kumpulan Guthrie investing M$2m in production of new rubber
      548 15 Bernama ES KUMPULAN GUTHRIE Sdn Bhd is to invest about Ms 2 million in a new venture to produce epoxidised natural rubber (ENR), a new rubber with a wide range of properties. Kumpulsn Guthrie chairman Tan Sri Or Rashdan Baba said
      Bernama ES  -  548 words
    • Article
      Lock icon Pilecon pinning its hopes on innovation
      300 15 Bernama ES PILING SPECIALIST Pilecon Engineering Bhd has achieved another technological breakthrough with the creation of a piling product called the "intermediate plate". The company's chief executive director. Hong Lee Pee, said in his 1986 annual report that the intermediate plate would have a
      Bernama ES  -  300 words
    • Article
      Lock icon Datuk Keramat makes M$16.4m from sale of MMC stake
      190 15 Bernama ES DATUK KERAMAT Holdings Bhd made an extraordinary gain of M 516.4 million from the sale of its entire shareholding of 16,403,922 shares in Malaysia Mining Corporation Bhd (MMC) for M 528.87 million in February. Datuk Keramat chairman Tan Sri
      Bernama ES  -  190 words
    • Article
      COMPANY BRIEFS
      70 15 FAR EAST Lavkngeton Shipbuilding Ltd's subsidiary, Kone FELS Cranes Re Ltd. has secured a $7.5-million contract to build six rubber type gantry cranes for the Port of Singapre Authority. The cranes will be manufactured under a licence agreement signed with Ferranti Container Handling Ltd of UK in December,
      70 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      132 15 Keep yourself constantly informed of the latest developments In Japan's Steel industry by regularly subscribing to $apansteji ]£Sk JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily
      132 words
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  • Article, Illustration
    BG Lee's frank business talk finds a receptive audience
    708 16  -  State of North Rhine-Westphalia keen to foster links By MARGARET THOMAS AS HE HAS DONE in most of his speeches during this European investment promotion trip, Trade and Industry Minister Lee Hsien Loong referred to the BERI (Business Environment Risk Information)
    708 words
  • Article
    Tommy Koh makes strong plea for resolution of US-Japan trade conflict
    553 16  -  By LOH HUI YIN ANOTHER STRONG plea has been made by Singapore for the United States and Japan to resolve their trade conflict as failure to do so would have repercussions on countries in East and South-east Asia. As
    553 words
  • Article, Illustration
    Bid to raise level of Japanese technology transfer
    257 16 SINGAPORE HAS made three requests to Japan the No 1 investor in the Republic last year aimed at raising the level of technology transfer. The requests, were made by Mr Tommy Koh, Singapore's Ambassador to the US, when he addressed the US-Japan
    257 words
  • Article
    Goh offers to share S'pore's experience
    318 16  -  By FOO CHOY PENG SINGAPORE is prepared to share as much of its experience in economic development with Jiangsu as possible if it is of benefit to the province, First Deputy Prime Minister Goh Chok Tong said last night. "We shall be open and
    318 words
  • Article
    Colombo troops on alert to defend waters
    301 16 SRI LANKA yesterday ordered its armed forces to defend the island's territorial waters as India prepared to send a flotilla with relief supplies that Colombo says it does not want for the Tamils in Jaffna peninsula. The sudden crisis between Sri Lanka and
    301 words
  • Article
    Lock icon Crowds mourn assassinated Lebanese premier
    232 16 Reuter WEEPING CROWDS gathered to console the family of Lebanon's assassinated Prime Minister Rashid Karami in his home town of Tripoli yesterday as a week of official mourning began with a nationwide strike. "Tripoli mourns its son" read a huge black banner over the southern
    Reuter  -  232 words
  • Article
    Lock icon Ship to take wheat to Fiji
    149 16 Reuter EIGHT THOUSAND tonnes of urgently-needed wheat bound for Fiji are likely to be loaded on board ship today after Australian port workers eased a ban on trade with the nation, a Wheat Board spokesman said in Sydney yesterday. In Wellington, the New Zealand
    Reuter  -  149 words
  • Article
    Lock icon Members agree to revise distribution of coffee quotas
    383 16 AFP LEADING coffee producers and consumers agreed yesterday to revise the way export quotas should be distributed to prop up prices on the international market. An executive board meeting in Nusa Dua, Indonesia, of the International Coffee Organisation received the full backing
    AFP  -  383 words
  • Article
    Lock icon Philippine central bank chief says healthy growth likely
    355 16 Reuter THE PHILIPPINE economy's impressive growth in this year's first quarter suggests that the government's ambitious economic targets are within reach, central bank governor Jose Fernandez said yesterday. "I don't see anything on the horizon that should cut (growth) short," Mr Fernandez
    Reuter  -  355 words
  • Article
    Lock icon PTL campaign may have raised US$10m
    96 16 AP PTL's TWO-WEEK emergency fund-raising campaign may have raised up to US$lO million despite controversy surrounding the TV ministry, says the Rev Jerry Falwell. Meanwhile, the US justice department announced in Washington that it has begun a preliminary inquiry of possible criminal activity at
    AP  -  96 words
  • Article
    Lock icon Bonn accepts superpower deal
    60 16 Reuter THE NATO allies yesterday welcomed Bonn's acceptance of a superpower deal to rid Europe of medium- and shorter-range nuclear missiles but snags were foreseen over West Germany's Pershing 1A systems. The acceptance by Chancellor Helmut Kohl's coalition ended six weeks of political wrangling. Reuter The
    Reuter  -  60 words
  • LATE FILE
    • Article
      Lock icon Interest rate cuts unlikely
      35 16 Reuter JAPAN and West Germany do not plan further interest rate cuts at present officials said yesterday, despite expected pressure for reductions at next week's seven-nation summit meeting in Venice. Reuter
      Reuter  -  35 words
    • Article
      Lock icon Return of Prince Sihanouk sought
      53 16 Reuter INDONESIAN and Malaysian officials will ask Prince Norodom Sihanouk to return as leader of the Kampuchean guerilla government Malaysia's new Foreign Minister said yesterday. Abu Hassan Omar, in Jakarta to meet his Indonesian counterpart Mochtar Kusumaatmadja, said they talked about Prince Sihanouk's one-year 'leave
      Reuter  -  53 words
    • Article
      Lock icon KL plans to woo foreign firms
      63 16 Bernama ES MALAYSIAN TRADE commissioners serving overseas have been asked to invite foreign companies using Malaysian primary commodities to set up their downstream operations in ths country. Primary Industries Minister Datuk Or Lim Keng Yaik said in Kuala Lumpur yesterday that rubber-based industries such
      Bernama ES  -  63 words
    • Article
      Lock icon Soviets offer to launch satellites
      42 16 Reuter THE SOVIET UNION offered yesterday to launch Indonesian satellites and train Indonesian aatronauts for a Soviet space mission. Soviet ambassador Vladimir Semyonov made the offer when he met Tourism, Post and Telecommunications Minister Achmad Tahir. Reuter.
      Reuter  -  42 words
    • Article
      Chun's choice for presidency
      27 16 SOUTH KOREAN President Chun Doo Hwan yesterday named his close associate Roh Tae-Woo as the ruling party candidate for this year's presidential election.
      27 words
    • Article
      Macao's governor steps down
      36 16 PORTUGUESE President Mario Soares has accepted the resignation of the Governor of Macao, Joaquim Pinto Machado. who served only one year. He submitted his resignation on Saturday, citing "reasons of institutional dignity."
      36 words
    • Article
      Fear of bloodbath in New Caledonia
      38 16 GASTON FLOSSE, the French minister for the South Pscific, has predicted that there would be a bloodbath in New Caledonia if the territory voted for independence in a referendum scheduled for September.
      38 words
    • Article
      Lock icon Reinforcing temple security
      24 16 Reuter PAKISTANI POLICE yesterday strengthened security at Hindu properties and temples following protests against last month's Hindu-Muslim riots in neighbouring India.
      Reuter  -  24 words
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  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      37 16 >Mw#i "•port lor 24 hours 7.30pm on Juno 2 at tho Maximum tsmparataira Asaoctatad humidity 32.6 <2 24.5 A—ocilad humkMty Hours of sunahina Rainfall in mlNimafraa Rainfall thla month Rainy days this month 7.10 90.7 90.7 1
      37 words
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  • SHIPPING TIMES
    • Article
      PSA and ITI to develop expert system for ship planning
      488 17  -  By JUNE LIM THE PORT of Singapore Authority and tha Information Tachnology Institute have pooled their resources to develop an expert system to plan tha loading and unloading sequence of container ships. ITI, part of the National Computer Board, is
      488 words
    • Article
      Expert system will not affect employment prospects for planners
      253 17 THE PSA hat 25 ship planners working round-ths-clock to provkJs plant for an sverage of 500 ships a month. At peasant it takss four to 10 hours to ptan a veessl. Ths time taken depands on tha complsxity of tha task.
      253 words
    • PORTSIDES
      • Article
        Lock icon Wartsllaa wins Soviet deal
        73 17 AFP THE FINNISH shipyard Wartsila* hat won a U*****,000 order to build a marina diaaal motor factory tor tha Soviet Union at Leningrad, the firm announced on Monday. The statement said the 80viet factory would build Wartsilae-Vaaa motors under licence. The factory is due to start
        AFP  -  73 words
      • Article
        Lock icon WWF lifts cargo bans to Fiji
        103 17 Reuter THE WATERSIDE Workers' Federation (WWF) has agreed to lift bane on cargo to Fiji which had held up a 9,C00 tonne shipment of Australian rice and wheat, union officials told reporters. The bans had been lifted on humanitarian grounds after reports that food
        Reuter  -  103 words
      • Article
        Lock icon More bulkers find jobs
        103 17 Reuter MORE BULK carriers have been taken out of lay-up to capitalise on the higher bulk movement. London shipbroker Howard Houlder said dry bulk tonnage in lay-up, idle or under repair declined to 5.87 million long dwt (190 vessels) at end-May from 6.68 million dwt (219)
        Reuter  -  103 words
      • Article
        Lock icon 3,000-year-old anchor found
        99 17 AFP AN ANCHOR believed to have been used by an Egyptian vessel 3,000 years ago has been raised from the sea in southern India, it was reported. United News of India said the pillar shaped, one-ton anchor, carved from a block of stone, had been found off
        AFP  -  99 words
    • Article
      Lock icon PAT likely to incur losses of 140m baht on dredging Klong Toey
      1063 18 Lloyd's List THE PORT Authority of Thailand estimates that it loses around 140 million baht a year on dredging the river port of Klong Toey, the country's leading port. Klong Toey is located not far from the centre
      Lloyd's List  -  1,063 words
    • Article
      Lock icon Crewmen want to stay onboard garbage tug
      404 18 AP THE SKIPPER of a tugboat stranded with a load of garbage that no one wants «aye he and his crew had a chance to escape their burden but turned it down. "It's been pretty boring, believe me," said Captain Duffy St Pierre
      AP  -  404 words
    • Article
      Female sailors to repair Stark
      224 18 A DESTROYER Tender sent to Bahrain to repair the USS Stark haa about 240 female sailors smong its crew, US officials confirmed on Monday. However, the officials denied the Navy waa violating a US law against sending women into combat areas. The USS Actdla arrived
      224 words
    • Article
      INDEX TO ADVERTISERS
      1024 18 A»SN* V 5 AtC Cowiol—i VW 1 Accord Shpg VI 3 AhrtnkM liner XI 1 Africa Ocnon XI 2 Alhrom V* 3 AC Toftw a 5 Anro Sorvicn IV 2/3 Arrow 1mm XII 3 Asian Ocoon VI 3 AHas Un* X 3 AM 1 1/2 AfC Um
      1,024 words
    • Article
      Lock icon Iranian Navy releases Panamanian ship
      268 18 AP A PANAMANIAN-FLAG container ship seized by Iranian Navy patrol boats off the United Arab Emirates was released, the vessel's operator said. Malcolm Stafford, general manager of the Fujairah National Shipping Agency that operates the container ship Karakoram, said: "Ws have received a brief messsge
      AP  -  268 words
    • Article
      LONDON FREIGHTS
      1119 18 TIME-CHARTER business dominated physical business on the London shipping freights msrket on Mondsy ss s dssrth of grsin, cosl snd iron ors voyage fixing left uncheck--60 mt oownwara onn of freight retes. In the Far East. Shows took the 64,000 tonner Orient Trader at U516.500 per day for
      1,119 words
    • Article
      CONSORTIA
      174 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf. Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services VK" 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
    • Article
      Nigeria reopens damaged jetty at Port Harcourt
      165 19 A NIGERIAN oil export jetty damaged by a petroleum tanker about three weeks ago has been reopened. According to Jokotade Buluro, general manager of the AlesaEleme refinery in Port Harcourt, the jetty had been repaired by a consortium of the Japanese Gasoline Corporation
      165 words
    • Article
      Lock icon Banks pressing ahead with bankruptcy petitions against Wijsmuller
      405 19 Lloyd's List BANKRUPTCY petitions have been filed against the Dutch salvage, towage and heavy lift specialist, Wijsmuller. Holding company Wijsmuller Beheer and subsidiaries including one-ship companies controlling the heavy lift vessels Super Servant 1. 3 and 4 are involved. Financially-troubled Wijsmuller has
      Lloyd's List  -  405 words
    • Article
      Lock icon WEEKLY FREIGHTS
      793 19 AFP THE LEVEL of chartering activity suffered a downturn during the past week due to holidays Monday in the United Kingdom and the United States and later in the week in certain other European and Far Eastern countries. But market observers indicated that the decline in the Baltic
      AFP  -  793 words
    • Article
      Lock icon Nisa leaks oil at Sines
      44 19 Reuter THE STEAM TANKER Nisa leaked about 100 to 150 tons of oil when discharging at the Portuguese port of Sines on May 26. Lloyds Shipping Intelligence said. The 322,912 dwt Portuguese vessel had arrived from Ain Sukhna. Reuter
      Reuter  -  44 words
    • Article
      ICS to study merger of two associations
      171 19 A MERGER between two of the industry's major international associations, the International Shipping Federation, is now being investigated, Seatrade Week has learned. At the ICS meeting in London three week ago, a proposal for merger was discussed and it was agreed that a
      171 words
    • Article
      Lock icon India will send fleet to Sri Lanka
      131 19 NYT INDIA announced on Monday that it would send a convoy of unarmed ships to northern Sri Lanka on Wednesday to provide humanitarian assistance to ethnic Tamils besieged from a week-long offensive by the government's armed forces. The unexpected announcement marked the first
      NYT  -  131 words
    • Article, Illustration
      SHIPPING LIST where your ships are due...and when
      8340 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 Singapore.
      8,340 words
    • Article
      Who acts for whom ...
      1950 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 Sealion Shpg (S). Ahrankiel Liner Kim Shpg (S). Ate»d C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American President Lines
      1,950 words
    • Article
      SHIPS IN PORT
      441 27 AT CONVENTIONAL WHARVES Vaaaal Bartt Arrival DaMriura KEPPEL WHARVES ANnoni K2I alongside 07 06/1500 Angottc KI6 alongside Aufcy K25W otongside 0106/1500 lorbor Tampa O alongside 0306/0400 Dong Dtliao K36 otongside 06.06/2300 Equotor V <22 otongtido 03 06/0700 Koto lorkot K27 alongside 03.06^)600 Koto Mulio K3I otongside 0406/0(00
      441 words
    • Article
      CONTAINER SCHEDULES
      726 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdrn FCL Arrival LCL movement Ship Voy dale/time Operator ceroo ichedule L IWWW n r a #4 n n OCiuOT Ms Pinto 8723 03.06.87 1800 Moersk F2 0900-1000 J2 Tonghe 36W 03.06.87 1900 Y Fung F5A 1000-1100 II Howthorn Hil
      726 words
    • Article
      Thai Maritime awaits decision
      522 28 THE THAI National Committee on State Enterprisee Organisation will be asked to make a decision on the fate of stateowned Thai Maritime Navigation Company. A Thai Finance Ministry source told the Bangkok Post that the organiaation should decide either to wind down the financially ailing company
      522 words
    • Article
      Lock icon Contship begins joint service with Lloyd Triestino
      300 28 Seatrade Week CONTSHIP, the independent liner operator managed from the UK, has started a joint service with Lloyd Triestino from the Mediterranean to the Indian sub-continent. Three chartered vessels of 562TEU capacity, L—rort, Lilisnthsl and Eststurn are being used to maintained the 17-day
      Seatrade Week  -  300 words
    • Article
      Lock icon Esso Production Malaysia will announce successful bidders for project soon
      337 28 Bernama ESSO PRODUCTION Malaysia Incorporated (EPMI) expects to announce the eucceesful bidders for its Ms2oo million Selegi project off the Terengganu coast in the next few weeks. EPMI's development and project diviaion manager, B L Walker, said that 13 companies,
      Bernama  -  337 words
    • Article
      Lock icon Six men hijack tanker
      204 28 Bernama SIX MEN. two armed with pistols and s knits, hijacked s tsnksr with a cargo of soyabsan oil and robbed its craw of cash and valuablas worth about M 540,000. The incident occurred in tha Philips Straits last Thursday when tha Pana-ma-rag istared Molly Laura
      Bernama  -  204 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      577 17 W SHE HAD POWER. SHE U NEEDED LOVE. IT SHE WANTED REVENGE. |V Emma Harlr is W A WOMAN OF a ®ÜBSTAIfCE ;> *But what is the price she has paid? I AvaHabh at all good bookahopa o a OVBQEAS CfUaimi IINE at rd ines NORTH AMI RICA All ANTIC
      577 words
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      Page 17 Advertisements Column 2
      97 17 DCMDB THE PORT Authority of Thailand estimates that It loses around 140 million baht a year on dredging the river port of Klong Toey, the country's leading port. Pmgm H BANKRUPTCY petitions have been filed against the Dutch salvage, towage and heavy lift specialist, Wi|smuller. Page in THE THAI Notional
      97 words
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      Page 17 Advertisements Column 3
      443 17 jSS&j «£T mrnrnra Qood Bookshop* MAERSK LINE MIDDLE EAST SERVICE FAST TRANSIT SIN/RIYADH 11 DAYS SIN/SHARJAH 11 DAYS Th« Anna M CY M 2300 HNS CF» 3/6 1300 HRS Tj* Lw. M CtaMng CY MMtW CFS M 1300 MW E XI TIW wmk Laura k CY— M 2300 HNS Cft
      443 words
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      Page 18 Advertisements Column 1
      268 18 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL FT. of LOG. DATES PT KL HERUVIM laWc Nrt-Hiwtfg-Awhwry 2S-11/I up TB Antwerp Q-2M a/3 T BN lr»nn-Hwtn H-Hp afl Further load/ dlachartfng porta en rout* autofrct to turned inducement Singapore Offer MTM Spore. Tel: *****00 Tl*: RS ***** MTM3EA. Fax: *****45 TEL: 01 IKHtBQ
      268 words
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      Page 18 Advertisements Column 2
      17 18 L 1 *«rvices represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
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      Page 18 Advertisements Column 3
      214 18 SENATOR LINK TEL: 94-1477 TAX. 99-MB vtssa OUTBOUND TO NORTH AMERICA FT m* im mji *a na va mm va ma ma ua ma va ma ma ua ua ua va ma ma ma ma na ua ma ma ua ism iui ma aa Kfaa C A INBOUND FROM EUROPE
      214 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      822 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd pwrvpr P&O ITwIUviL Containers Limited i STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok n» h'W| nm r«M un§ an an vn an an an vn an an mp mp mp mp mp mp mp ap up up up
      822 words
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      Page 19 Advertisements Column 2
      800 19 CHARGEURS REUNIS f VAaUL 'IHA'iIP (MED CLUB MEMBER) C* KOK HAKATA BAtU ■EMTEMANEA wm ■wHiiljM A Ciyi—i I VICE TO WEST Ai U M MM OBEX MOWER I Mm I Mm 3 Mm IMm HMm U M at OOUALA C« ABIDJAN S»N< .APORf f NOUIP* s .V *44 C* s
      800 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      233 20 sc CONTAINERSHIP SERVICE TO UK,CONTINENT Hapag-Uoyd CONV SEMI CONTAINER SERVICE TO EUROPE CONV SE Ml-CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT Agents Singapore *****66 K. Lumpur *****25 Booking *****78 P. Kelang *****18 Freight *****00 CFS *****50 CFS *****48 Penang *****7, *****2 Terminal *****33 *****3 BIRMRT SOUTHEASTASIA PTE.
      233 words
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      Page 20 Advertisements Column 2
      723 20 {P«: *JuN' LINE FULLY CONTAINERISED SERVICE [TO EUROPE VIA SUEZ 1 01 lht CoovK ,urTl S port LaHavra R'dam Ffto«» M"bur| B hJ n LION GATES BRIDGE S2W 10* 2S/6 30* 1/7 4/7 V 7 W ORIENTAL CHIEF S4W 17/6 6/7 7/7. JJ! I^l KOREAN JACEJIN WW 24/6 13/7 14/7
      723 words
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      Page 20 Advertisements Column 3
      490 20 K&S LINE JAPAN/HONG KONG/STHAITS SfcHVllfc SANKYO LINE (S) PTE LTD 143. Cecri Stiff I #10 04 G8 biridmf S po<f 0106 If) ??19?55 Port Kfljnf lip Pmj Shw.it Bhd Ifl 03 *****74 5 Pr.wf Mjlatvij Iridf Inisport ltd Ifl 04 *****3 Pas» u./diif Mjlijvjr Stapp«i( Affncifs Sdn Bhd If! 07
      490 words
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      Page 20 Advertisements Column 4
      882 20 EVERGREEN Ft: II 0 Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE] SGP HBC FLX EVER GARDEN 4* 2S* 27* EVER GUARD 12* 3/7 *7 EVER GOING 11* Sfl 11/7 EVES GROWTH 25* I*7 I*7 EVES GRACE 11 BP 25/7 EVER GREET 9 7 1/1 EVER GRADE I*7 t* 0*
      882 words
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      Page 21 Advertisements Column 1
      636 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE SCA DRAGON OOWA MA DRAGON MA DRAOON VESML VOY SIN MY SMO SIN M.W SEA PEARL 04N SLD M FT MA GLORY 4723 SCO 3/6 4/4 tit 10/6 MA FORTUNE
      636 words
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      Page 21 Advertisements Column 2
      119 21 f r.Ja ti c. 8 TO: UK/CONTINENT PORTS TO INDIA/PAK/RED SEA PORTS SWK/SABAH STORE LOADING FOR NORBULK NBT'IO 12/» MADRAS/VIZA/CALCUTTA NOR BULK NBT-U 1M MAN6ALORE/TUTI SPORE MARATHON UNITED AGfNCY PTE LTD TEL *****66 W MALAYSIA S P YEO SHIPPING i TRADING KL 7SW44S P* XBIOI PfNANG TANJUNG MARINE SDN BHD
      119 words
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      Page 21 Advertisements Column 3
      684 21 r BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT I SaiM SWM S*>M u M >4A «A W IW UA MA 14A 1M 1M rjStLiFS?. ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS KKJ JEBSEN LINE NEW ZEALAND PAWA I PACIFIC FIJI ANI SHTI
      684 words
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      Page 21 Advertisements Column 4
      565 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUOMA INDONESIA P.T. TRIKORA LLOY EXPRESS SEMI CONTAINERSRIP SERVICES VESSEUVOY CAUDA GANA/IMTB MATARAM/IfWB PALEMBANQCWB EMMA F/ICH-WB KUTAI/IJWB ANTWERP S'PORE BILBAO BREMEN A DAM/R OAM H'BURC il ii i »«-V7 tft 13ft 84toje* to Inducement AJeo accepting cargo
      565 words
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      Page 21 Advertisements Column 5
      373 21 BOUSTEAD SHIPPING AGENCIES SITTWAY V3OCB PAGAN VII4W PA-AN VlliW Lotdinf for Europt BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok M Junt I*l3 Junt 7ft Junt IMB Junt BANK LINE CLYDEBANK V2ON 8/6 TAMAITAI SAMOA V.ION 27/( FORTHBANK VI9N 8/7 (CAI IVY BANK VI»N 26/7
      373 words
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      Page 22 Advertisements Column 1
      1261 22 V k K"LinE SHIPPiriG-DflTfl ATLAFITIC COAST (Round-The-World Service) SPORE LB CHLS 0. FAIR V 3 5 iun 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
      1,261 words
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      Page 22 Advertisements Column 2
      590 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contains* f Mdr PKotonf CALABAR V.3S It June ESTECLIPPER V.15 14 July CALABAR VJt K July Limr S port •RAMOAS" »J» 14 jum "CMAHOIDAS" »J6 3 Junt "KABIROAS" VJS 16 Jul, "RAMOAS" YJO Au( IMb frrr AIK Acc«ptj Sfdn Jum I July 6 July
      590 words
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      Page 22 Advertisements Column 3
      844 22 GOLDEN LINE GUAM GUM SWUNG (PTE) LTD »gI5«*oTo« m ***** M <1# l*S) Fax: *****04 STRA TS PERSIAN GULF SERVICE: Sport MUHiuP—m GOLDEN HARVEST Cotanbo/K*adM/Min» Qaboos/OutM 3/4 June GOLDEN HAVEN Cotombo/KvKiH/Outei/Dwnmwn 11/12 June— CHINA SERVICE DAI YUN SHAN Hswkam CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA P.KLANG
      844 words
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      Page 22 Advertisements Column 4
      301 22 PHIL IT RON SHIPPING AGENCIES Pit I ID PHIL I ORIENT lINES PTE LTD HMD OfflCE 63 POBI*V)N ROAD #07 AFRO *SW BUM DING SINGHPORf :}|o6 TH ??M?? ??***** <S inn rs ?i:?o PHiu Ml MIDDLE EAST/FAR EAST FCL LCL SERVICE AUSTRALIA UK/EUROPE USA/CANADA SERVICE SINO EXPRESS LINE TO ENZEN.
      301 words
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      Page 23 Advertisements Column 1
      877 23 NEPTUNE AGENCIES PTE LTD. FE EU/AUST TPA/S Terminal CFS BOOKINGS *****53 *****1 22X2022 *****53 *****H 27*U 27*111 *****4 NEPTUNE ORIENT LINES LTD NEPLINE SON BHD. 3HM7 V NEPLINE SDN BHD 2(***** NEPLINE SDN BHD *****5/*****0/*****1/*****2 NEPLINE SDN BHD *****0/23KM1 INWARD/OUTWARI ENQUIRIES *****4 at tha ACE R'Dam 23/6 30/6 7/7 14/7
      877 words
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      Page 23 Advertisements Column 2
      416 23 V HEUNG-A shipping Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P. KELANG. PENANG. BUS AN, INCHON 1 No I Oorum/TWN In ft No I Donjm T®n No 9 Donam/TMN 17/6 M Entarpri«a/711N 22/6 No 7 Dorum 7to* 4 No I DonamTOSN s No 6 iDonam,7o7N 12 7 No Don«m/7Q&N 11/7
      416 words
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      Page 23 Advertisements Column 3
      662 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 ntLAnu PEN ANG Mli HANDLING SYSTEM CO SOU BHD MESSRS MAI THONC SHIPPING 177 Pmm. Str-»
      662 words
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      Page 23 Advertisements Column 4
      50 23 FERi MALAYSIA SDN. BHD. RORO CONTAINER PfttIFTIStD WEEKIY SFRWICF 10 KIJANT AN KUCHING K KINABAIU AISC ACCEPTING SUF DRIVEN WAVY VEHICLES 19, K«pp«l Rood #05-02/03 Jit Pah (wilding S port 0208 T#4: *****38 (5 Ur»t) Tlx: K ***** SEA*O Fox: *****25 Booking Agon* S-M.S. Ftm Ltd T«k *****55 (5 Unci)
      50 words
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      Page 24 Advertisements Column 1
      460 24 SINGAPORE SHIPPING CORPN.(PTE) LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD VEB DEUTF RACHT/SEE REE DE RE I ROSTOCK 1J2216£38 HS3 BCS3IBE3 BCS3 Biß I •VIA COLOMBO: Accepting cargo for INDIA Bombay. Cochin Madras; EAST AFRICA DarEs-Salaam. Mombasa Mogadishu "VIA LARNACA: Accepting cargo
      460 words
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      241 25 .v.y.v.y W CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE i K. LUMPUR *****53/*****11 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 nT <1 1.1 j.'! !»I.M rrn v: P. SUNSHINE 1M N DELFT I BUTANC
      241 words
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      Page 25 Advertisements Column 2
      329 25 MN CONTAINER LINE USA ,'Jff T0: LA/LB OAK/SF, N.YORK V™* 14/6 LA/LB, OAK/SF, N.YORK ACCEPTING LCL/FCL TO ALL PORTS/IPI ACCEPTING LCL/FCL TO:TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO: DAKAR, CONAKRY IABIDJAN, LOME 22/6 25/6 CONTONOU, DOUALA LIBREVILLE, PORT GENTIL P. NOIRE. LUANDA I ;< MJ to Kota Kinabalu in
      329 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      192 26 FROM: EUROPE (EAST-BOUND) mm TO: EUROPE (WESTBOUND) SERVICE \rmtzmumnm ;jEziE3E3UEZJ" r T[^»r-T-T-^rTm vv. 'ijm.'ji BANGKOK NAVEE JUMP A SUHBHIP AGENCIES PTt LTD '70 McOAim Sm #16-01/03 A»to Otombart, Singapore 0106 IT* *****22 (7 few.) (Fax: *****05 KIE QWAN SHIPPING (M) SDN BHD. P. Katun* *****22, *****62 MALAYSIA TRADE TRANSPORT CO
      192 words
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      Page 26 Advertisements Column 2
      467 26 SHIPPING PTK I/nf 7fl \h*ntnn lAf» u f\i r\i/~ \f*l TEL 22W077 ft Lines) TLX RS 22M1 FLINER J EUROPE SERVICE 1 04 l ar MOU .T-HTT-Tr-nT—M I II II FAR EAST SERVICE MK 11* 17» iS IS MIDDLE EAST GULF SERVICE ■9 OUS SMj AM CMC KWT MM DOM
      467 words
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      Page 26 Advertisements Column 3
      539 26 ZIM FULL CONTAINER SERVICE accaptinf FCIJLCL urmt to USA East A West Coast, Carritotoaan.East Canada, HAITI, Port Au Spain, Barbados N. ST. LUCIA. titiim wy fl 1 mil. Him,!. I ,Hi.undv.i 1.717 5.7J7 ***** 7.7.17 0.717 ill? ***** ***** t H i/'IT.'H' jl'i I VESSEL STONCT pi TUNG HAI N0.2
      539 words
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      Page 26 Advertisements Column 4
      530 26 mm ■a— Everett Lines COMPANIA PERUANA DE VAPORES m X "PERUVIAN STATE LINE" 2 Wc^sarjsr-^-'S Pononf P lUlanc S*n«*ort K MURRAYEVERETT 7- >-n J THOMASEVERETT M >MB y HUGHEVERETT jy| 9 yfffi "EVERETT ORIENT LIME" yt£A. of bmmujapaii soma LOADING FOR HOH6KOIW, YOKOHAMA, KO6E, K NAfiOYA, MO JI ANO OTHER
      530 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      247 27 Hamburg West Germany Tiger Line Common Carrier Feeder Services VESSEL VOY SINGAPORE CALCUTTA MADRAS PRELUDE PRELUDE PRELUDE SAILED 17-10 JUN 13-13 JUN 20-20 JUN 25-27 JUN 39 JUN-1 JUL 07-47 JUL 13-15 JUL 11-19 JUL Common Carrier Faadar Service For Main Lina Operators Only. Agents: C.F. Sharp Company Pie. Ltd.
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      Page 27 Advertisements Column 2
      105 27 a;iH il h7 ill i> Destinations: SNANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, Z HAN JIANG XINGANG, QINGOAO SHANGHAI t OTHER PORTS Eld. S PORE EM. PKLG WEEKLY SAILINGS ---vi x CONSOLIDATION SERVICE FROM: SINGAPORE/P.KELANG W I r (V V w7i]Vr./i'Hi UV7VJV (MFMBfP Of THF PPfSS GROUP) WEEKLY CONSOL SERVICE LCL/FCL U.SJL
      105 words
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      Page 27 Advertisements Column 3
      232 27 PERINTIS LINE SINGAPORE JAKARTA VESSEL VOY SINGAPORE JAKARTA RATU 12/13 05/06 06/06 09/09 10/08 KONSORTtUM 14/15 12/06 13/06 15/06 17/06 16/17 19/06 20/06 22/08 24/06 11/19 26/08 27/06 29/06 01/07 PRABHAKTI 61/67 N/06 9606 11/16 13/06 69/09 15/06 16/06 11/96 *06 70/71 22/06 23/06 25/06 27/06 SINGAPORE/SURABAYA VESSEL VOY SINGAPORE
      232 words
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      Page 27 Advertisements Column 4
      365 27 I^3 COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR LAST TO EUROPE MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT OUTBOUND TO MEDITERRANEAN OUTBOUND TO W AFRICA m iNBOUNO FROM EUROPE FOR FAR EAST PORTS n n C 3 OCEANUS SHIPPING AGENCY PTE LTD »C 2 ANSON Cl NT«f TIL *****77
      365 words
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      Page 27 Advertisements Column 5
      306 27 EJ P M LINE CONVENTIONAL LINER SERVICE Corfo wm BCBMpf to Jopo* Pom mdud«g *®ovy corpo Uo* JO K/Tl e*ied to QOifO iwdMfiwt Al porticuAon ptoot* app*y to POMEX MAYA SDN BHD i 7** Tat N* 08-22D1144,*****70 P T UNITFD SHIPPING ORGANISATION I Tf) JAKARTA WQVU* nVKQ TO JAKARTA 0
      306 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      512 28 r 4&FARGO SHIPPING COMPANY (PTE) LTD •Jr* REGULAR EXPRESS JUI I CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAMERUNE From USA/Canada/Europa/MadMarranaan V*l TUT EXPRESS E. HUDI6 BRUSSEL ANTWERP EEEB ESI *****31 EMUSI^iSSI ETA SINGAPORE SIRI BHUtt 323N VEGA m it BUNGA KEMUNING 24 17RATANA BHUM 12SN I/ BUNGA BUTANG
      512 words
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      Page 28 Advertisements Column 2
      195 28 AL Af«i< a o(ian Linus Lid. ACCEPTING FCL/LCL A BREAKBULK TO: LAGOS/ APAPA, PORT HARCOURT, WARRI, CALABAR, SAPELLE, TENIA, CONAKRY AND OTHER WEST AFRICAN PORTS ETA SPORE 29/6 6/8 M/V EKESOt General Agents SEALION SHIPPING (S) PTE LTD Singapore SALES BOOKINGS TFL ?rO%Bl (3 !'"?<,) TLX RS "dIM SELION FAX
      195 words
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      Page 28 Advertisements Column 3
      190 28 Arrow Lines r: IS'PORE/COLOMBO/S. AFRICA VSL S'PORE COLOMBO DURBAN CAPETOWN ARROW PRINCE 12A S#S «/7 ARROW KING MA MP OP 13/7 22/7 'ftpito call Mtyact lo ImtmmmA I S'PORE/BENGAL/E. AFRICA S PORE CHITTAGONG CHALNA E. AFR PORTS iSBW 2? IS PORTS CALL MAHE/MOMRASA/DARES-SALAAM j -a- Mf A*-f,» v, i•( ip,
      190 words
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      Page 28 Advertisements Column 4
      330 28 W 0 1 ,/t v H* MitsuiOSK Lines Ltd FULL CONTAINER EXPORT TO: UK/CONTINENT (TRIO) MEDITERRANEAN (MED CLUB)' t. Mm trtm 11m > tm B km 1 M B tm IM IM DM Q M 17 M aia a m* <m IM 4M IM 7M IM IM IN IM SM
      330 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      123 28 r* F nm n Xv. >• S J "M y-m. m r A v;« i-.. Jg W V V r* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJfI.THIS RAORNMQ. IBQUPi R HhmliiMiniii Temperature *C Shower Weather Wind dkectioa with *eed hi knots Wave |i«u|i| Cloudy Sky hrtfht Owe tan drcie
      123 words