The Business Times, 19 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 FRIDAY, JUNE 19, 1967 75 CENTS
    12 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    194 1 Over—— markets Ttwrarfey HK Hang Seng Index (-44.88 Sydney Aft-Ordlnarfes 1798.2 (-46) T i. i k M -i A loicyo Avtro^c *****-55 (-178.87) New York (Dow Jones) 2407.35 (undi) London (FT 30 Index) 1801.7 7.2) Twangs rates THE Singapore dollar finished firmer against the greenback yeaterday at
    194 words
  • Article, Illustration
    Sembawang Maritime Ltd steals the limelight
    294 1 THE SINGAPORE stock market doeed on a mixed note in busy trading yesterday with much of the action centred on newcomer Sembawang Maritime Ltd. The ST Industrial Index dipped 1.43 points to does at 1236.17 while the BT Compoeite Index moved up 2.48 points
    294 words
  • Article
    US chip makers eye Japanese market
    63 1 IN THE LATEST twist to the USJapanese chip dispute, the Americana have brought toe battle to their rival's own ground. Read Technology on Page f on how the Americans pisn to secure 20% of the huge Japanese market by 1681. There is also a
    63 words
  • Article
    Lock icon NZ government surprises with forecast of budget surplus
    498 1 Reuter NEW ZEALAND'S Labour government stunned the country last night by forecasting the first budget surplus in 36 years, and it promised to repay some foreign debts this year. The surprise developments followed three years of radical economic retorme under Labour and
    Reuter  -  498 words
  • Article
    OUS disputes $7.64 million in tax assessments
    621 1  -  ■y NAJEEB JARHOM OVERSEAS UNION SECURITIES (OUS), the listed cloeed-end investment trust of Oversees Union Bank, has s problem with the taxman. It's the aame dispute which has sffected United international Securities (UIS) that of (iiiTtf®finiiif>fl Dfiwt6fi wnn is taxable and «what is
    621 words
  • Article, Illustration
    Shultz puts US deficit in perspective
    551 1  -  Asean urged to keep up fight against protectionism By ZHOU MEI THE MARKET In which the US Hm iO COfTrptii vntCuVfiy vS in 6 US market itself. The huge American trade deficit, as US Secretary of State George Shultz seee it, should be ■M,
    551 words
  • Article
    Tokyo aware of the problems posed by a high yen
    413 1  -  By LOH MIH YM JAPAN it fully aware that the yen's appreciation hat graatly addad to Via burdan of soma Asean countries bacauaa thay are important economic partner* of Japan. Acknowledging the burden yeeterday was Foreign Minister Tadashi Kuranari, when
    413 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      139 1 CfTICORPONSURANCE BROKERS FOR ALL YOUR SURANCE NEEDS PART OF THE WORLDWIDE CITICORP/CITIBANK GROUP PHONE 221-1288 r For the best in Sichuan and Seafood Dishes r v Fresh Scallop in Bird's Nest Dragon City Sichuan Restaurant Dragon City Sichuan Restaurant is famous for its K' exquisite Sichuan Cuisine. W Savour some
      139 words
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      Page 1 Advertisements Column 2
      0 1 >`]*/^~^,=]]!]$-]+\%(|+..}?=";*
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      Page 1 Advertisements Column 3
      299 1 Banking on electronics THE COMPETITION among banks will go beyond conventional retail banking in the next few years. Right now, almost ail banks are computerised and offering soms kind of retail deli very system such as on-line tellers and ATMs or telephone banking. But, in future, banks will be enhancing
      299 words
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      Page 1 Advertisements Column 4
      4 1 Mora laporta, Back Page )(+<?,.)::"@([!?)};=.!,@_|$=&="
      4 words
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      Page 1 Advertisements Column 5
      63 1 EP4IOZ QUADRUPLE ZOOMING POWER MMOUA ruvrp'.'* *01-02/04 Detfi Orchard Tel: *****00 *02-16 Shaw Centre Tel *****41 *01-20 Scotts Shopping Centre Tel: *****42 Datmaru (Ground Floor) New Isetan Orchard (Level 2) Authorised Dealer Metro Grand Lucky Plaza Watches of Switzerland *01-16 Scotts Shopping Centre Siow Hiap Pte Ltd 133 Middle Road
      63 words
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  • HOME NEWS
    • Article
      International phone calls outpace telex transmissions
      411 2  -  More people also sending messages through fax machines By LEE HAN SHIH ;n an environment of high-speed communications, growth in the use of the telex •v.achine in Singapore is stagnating because of the growing popularity of the telephone. In April, only 1.28 million intelex
      411 words
    • Article, Illustration
      Air show likely to be a sell-out
      387 2  -  By MARTIN SOONG .Vj'AN AEROSPACE '88, seven months away, looks set to be a seii-out at the rate bookings for s; ow space are progressing. tout 80 per cent of the 15,000 metres of indoor exhibi-t-on space have been either contacted or reserved
      387 words
    • Article, Illustration
      Government broke up seven drug rings last year
      314 2 SEVEN international drug ringa using Singapore aa a tranait point were smashed by the government last year, said Dr Lee Boon Yang at an international conference in Vienna yesterday. "We will not permit Singapore to be used as a conduit for drugs
      314 words
    • Article
      NCB to carry out national survey on Information technology
      254 2 A NATIONAL SURVEY on me un of invormcDon ••crynotogy (IT) In Stngapoia la to ba carrtod out by tha National Computer Board (NCB) from naxt Monday. Information obtalnad wM ba uaad by Sia NCB to WVwKJp POrvCfW WTTICn W?f 1 halp
      254 words
    • Article
      SPC raises wholesale prices
      85 2 SINGAPORE PETROLEUM Company (SPC) today Increased its wholesale prices for premium and intermedia* grade petrol. The wholesals (posted) price for SPC's premium grads petrol. 97 octane, has increased one US cent to 64.3 US cents per Ameri- can galton. The company's intermediate grade petrol, 82 octane,
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    • Article
      Mothercare to open in Katong
      339 2  -  By RICHARD BEAH Special Corrtipondtnt LITTLE RABBITS" srs keeping Mothercare busy and It is with some urgency that the British maternity and child-care retailer is opening a new atore at Parkway Parade next month. Soon after the start of the Rabbit Year, Mothercare had been
      339 words
    • Article
      William Jacks: from healthy bodies to healthy homes
      391 2 HAVING diversified from building products to health foods, William Jacks it now going underground, behind do—ti end into nooks end crannies with its newest venture pest control. Willism Jacks, a whollyowned subsidiary of pubtic-Jistsd Jacks international, launched Its new pest control division
      391 words
    • Article
      MEMO PAD
      604 2 Seminai rsand f r rjr Cahners Tei *****13 1 m Fvrwutinn Tlv RS ***** Courses 1 lw Jvbw J varoup rax: *****66 DURATION Jm 29-30 TTTIE TH# Secretory to Today VB4UE CHI rnefererr. J"" WtnfffflCV loom ORGANBER Singapore fnstitwta of TB9HONE *****66 Jwt 9-30 Rnonct foe NowYork Hotel
      604 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      144 2 CORUM •r *4 V ■■4,.-. e': V »A^i J&Ut f I« tfce wake of Conm'a cote watches, the Admiral 4 Cop nner among "Let Speckkj" mm J&& t:,t>:-r iim OFFICIAL AGENTS: "j 1,1, SHU! HWA JEWELLERY CO (PTE) LTD #02 112/113 Far Eaat Ptaa, Scorn Road Tel: *****40 CORTINA WATCH
      144 words
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  • BANKING AND FINANCE
    • Article
      Forex markets
      920 3 SINGAPORE: The US dollar cloeed lower against most major currencies yesterday in fairly actlva trading. Speculative tailing and profit-taking caused the dollar to (ail but buying interest from securities houses snd short covering limited Its decline. A US bank dealer aaid that thers was strong selling from ex-
      920 words
    • Article
      Government securities market
      83 3 Treasury bills Period Issue Yesterday's dosing Day's code MaturiTy MD om HK3H LOW 3 mouths BQ*****E 17.09.87 2.65 255 2j64 240 6 months &S*****E 10.12J7 273 2MS 272 270 Govsi rnmsnt notss snd bondi 1 Period Issue Maturity Coupon W > 1 TVMVrCKI] it's dosing Day's code
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    • Article, Illustration
      World interest rates
      168 3 JUm ll'b'iJQ hilaili imSiDa rtk market n Mm (oflor/bkJ) on Juno 18 us$ DM SWPC Yan 7 4my* IS/14 13/14 7/i i/4 3 S/t 1/3 ll/l-l/l 3 IS/14 13/14 1 7 1/1 7 7/« t/4 3 13/14—11/14 4 S/t 1/3 4 1/14 3 IS/14 3 ■*> 7
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    • Article
      Money markets
      61 3 THE OVERNIGHT rate on the Singapore interbank market cloeed 19/16 point lower at 1/16 per cent yesterday. One month ehed 3/16 point Two end three months loot 14 and 1/16. S$ Intfbonk rates at 7pm yMN rrdayi om* MD v»if- »/i* 0 Ihm* 4 1/4 4 3hm* 4
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    • Article
      Simex/IMM
      513 3 SEPTEMBER lecedollor opened 3 ticks higher at 92.61 in Singapore yeetoro«y wcnnicsi inarcmiors ■UN pointed toward» higher prtoee. The market, however, wee locked into a narrow range from 92.56 to 92.61 a u)« aOflar arTTIM lOWtr in the foreign exchange market Uffe opening eaw slightly lower prices with the
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    • Article
      Asian dollar market
      227 3 ASIAN DOLLAR dapoalt rates cloaad littte changed at opaning lavaia yaatarday, after qutet trading. Among ahort-dataa, ovarnight roaa to 6-15/16 6-13/16 par cant up 1/16 point from Wadnaaday whila waak-fix waa unchangad at 6-15/16 6-13/16. Parted rataa wara about unchangad to a ahada tower One and thraa
      227 words
    • Article
      Lock icon Japanese system criticised
      400 3 Moody's reviews rating of four leading banks FT MOOOY'S InvMtors Service, the influential US credit rating agency, it reviewing tha debts of four loading Japanaaa banks with a viaw to poeaibia downgrading. In making its announcamant, Moody'» aiao publiahad an admonitory raport on tha Japanaaa financial ayatam
      FT  -  400 words
    • Article
      Lock icon Italian banks to set up customer deposit guarantee fund next month
      227 3 Reuter A RESERVE FUND to guarantee customer depoeiti in the event of bank falluree will be set up early next month, the chairman of the Italian National Banking Aeeocietion (ABI) has said. Criteria announced for the creation of the
      Reuter  -  227 words
    • Article
      Lock icon Chinese enterprises to boost HK borrowings
      271 3 Reuter CHINESE ENTERPRISES will expand their syndicated borrowings arranged In Hongkong this yaar to fund large-scale capital investment projects. Speaking at an investment ssminsr in the British coiony on Wsdnssday, Zhang Xueyao, general manager of the local branch of the Bank of China, said
      Reuter  -  271 words
    • Article
      Lock icon Sweeten may change taxation method»
      155 3 Reuter THE FINANCE MINISTRY Mid It was ordering a committee to Investigate the poooKXlity of changing ruiee governing value added tax, adopting a new income tax acale, broadening the flecal base and afcnpllfying tax ruiee. The committee ahould come up with auggeetiona about ironing out
      Reuter  -  155 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      127 3 INDULGE AT THE GOURMETS' ALL TIME FAVOUR ITE RESTAURANTS WITH OTARD XO Us© your VISA or MasterCard and enjoy these special benefits when you dine at Tung Lok or Charming Garden. Amount spent Entitlement Below SS3OO 10% discount on total food bill SS3OO ***** 1 pint bottle of Otard XO
      127 words
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      Page 3 Advertisements Column 2
      87 3 Ca\ burnished coromandel screen glows 2t sofUy, reflected in the silken light of an early 19th century ginger jar table lamp. Huge mirrors bordered by sinuous, dreamlike leaves adorn the walls. This is the rare and privileged world of a superlatively exclusive new furniture showroom, Ambience. Welcome. Ambience Trading (Pk)
      87 words
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  • OVERSEAS
    • Article
      Lock icon Action needed to avoid world economic crisis, says OECD
      532 4 Slow growth, unemployment expected to continue AFP THE ORGANISATION for Economic Cooperation and Development has warned major industrial powers that unless they "fully and rapidly" translate into action recent international policy pledges, the world economy could slide into crisis. The OECD,
      AFP  -  532 words
    • Article
      Lock icon Improvement expected in Australian and New Zealand economies
      383 4 AFP AUSTRALIA and New Zealand should see some improvement in growth and inflation by the end of 1988, according to the Organisation for Economic Cooperation and Development. Australia's gross domestic product (GOP) should pick up this year to a rate of 2.5
      AFP  -  383 words
    • Article, Illustration
      Lock icon Keating disputes opposition's tax plans
      277 4 Reuter AUSTRALIAN Treasurer Paul Keating yesterday said that the opposition's tax-cutting policy, a key issue in the run-up to the country's July 11 elections, is a miscalculation that would severely damage the economy. Opposition leader John Howard disputed Mr Keating's allegations. "Keating is engaged in
      Reuter  -  277 words
    • Article
      Lock icon Lawson outlines economic goals
      159 4 Reuter THE UK Conservative government will use its third term in office to pursue steady falls in unemployment, wider ownership generally, improve education and housing, and rejuvenate Britain's inner cities, Chancellor of the Exchequer Nigel Lawson said. "We embark upon our third term in office with
      Reuter  -  159 words
    • Article
      Lock icon Winds of change
      66 4 Bernama THE SULTAN of Perak spoke today of "winds of change" blowing into Malaysia where more of the people were making their voices heard, a development he said could contribute to the growth of democracy. He said although Malaysia had made progress in many directions, there was
      Bernama  -  66 words
    • Article, Illustration
      Lock icon How countries treat workers will influence trade with US
      333 4 Reuter COUNTRIES that treat their workers badly may find it more difficult to trade with the US, American Labour Secretary William Brock said. In a speech on Wednesday to the annual conference of the 150-member International Labour Organisation (ILO), Mr Brock
      Reuter  -  333 words
    • Article
      Lock icon Budget compromise reached
      208 4 Reuter DEMOCRATIC congressional leaders said on Wednesday that a compromise had been reached on a 1988 US budget, paving the way for final approval of a trillion dollar spending plan. House of Representatives speaker Jim Wright and Senate majority leader Robert Byrd told a news conference that
      Reuter  -  208 words
    • Article
      Lock icon Pressure on UK to lift veto on joint European research programme
      486 4 FT THE EUROPEAN Parliament and tha Europaan Commission ara stapping up preaaura on tha Britieh Government to lift its veto on the £4 billion or 5.7 billion European Currency Unit Joint EC reeearch programme in the aftermath of the
      FT  -  486 words
    • Article
      Institute sees 1.3pc growth for Bonn
      252 4 REAL West German economic growth will average 1.3 per cent a year until 1990. according to the latest DIW economic reeearch institute report In April, DIW and Munich's IFO Institute revised downwsrds their forecaat for 1987 GNP growth to one per cent compared with
      252 words
    • Article
      Lock icon EC plans curbs on exporters over anti-dumping duties
      449 4 FT EUROPEAN COMMUNITY national representative# have put the finishing touches to a controversial scheme to crack down on Asian and particularly Japanese exporters' use of lowcost assembly plants to avoid antidumping duties. The proposal looks almost certain to get the final go-ahead
      FT  -  449 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      940 4 ARRIVALS Operator Sarvtca Locoi From number Mm* SA SOU 0045 LAX/NRT UA US005 0045 SFO/HKG FT PT71 004* JPK/BOtyOtD/ MAS MNMI 0730 KUl SU SQ45 0750 MtU MAS MN601 0020 KUl SU SQ43 0050 DHA/KM KAl KE697 0910 S&/MNI MAS MNtll 0910 PtN MAS MH671 0920 KUl
      940 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      61 4 APPOINTMENT INTERNATIONAL TECHNICAL SALES Singapore based Representative (Expansion Joints Bridge Components), Pacific Rim Territory for Canadian manufacture. Education-Engineering Technical Diploma. Minimum 2 years sales experience; Mandarin, Cantonese, English mandatory. Immediate interviews reply: Stephan Hop* The Dennis Group 2 Bloor Street West, Suite 802 Toronto, Ontario Canada M4W 3E2 For quick
      61 words
    • Advertisement
      Page 4 Advertisements Column 2
      34 4 The business person's choice, every Tuesday, Thursday, Saturday ond Sunday. Leaving Changi Airport at 22:05 hours and arriving Heathrow eorly the following morning. Call your Travd Agent or Air Canoda at *****55. AIR CANADA
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      95 4 Doonesbury RJCK, I KNOW YOU LOVE JEFF AS MUCH AS IPO. SO WHY DON*T YOU SEEM AS TORN UP i ABOUT NOT O&H6 ABLE TO SPENP TIME IOI7H HIM* mi, TT MAY Be BECAUSE TM SPENPIN6 A WHOLE LOT MORS TIME ON FAMILY THAN MY mm PfQ ANP YOU'RE SPENP)N6
      95 words
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  • TECHNOLOGY
    • Article, Illustration
      US fights for share of Japanese chip market
      616 5 American chip makers launch diplomatic offensive CHIP MAKERS in America are staging a diplomatic offensive to clinch a 20 per cent share of Japan's 2 trillion yen a year chip market, the Japan Economic Journal (JEJ) has reported. During the meeting they
      616 words
    • BITS & BYTES
      • Article, Illustration
        DAT poised to invade computer market
        211 5 IN A MOVE that will boost the already high demand for digital audio tape, Hitachi has developed a new type of external memory unit for computers using a DAT recorder which could store up to one billion units of data. Priced at about 500,000
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      • Article
        Lock icon New drug for treatment of hypercalcemia
        125 5 UPI RESEARCHERS at the Memorial Sloan-Kettering Cancer Center have discovered an effective drug for the treatment of cancer-related hypercalcemia, a sometimes fatal excess of calcium in the blood. The drug, called gallium nitrate, enhances the ability of bonee to accumulate and maintain calcium. This
        UPI  -  125 words
      • Article
        Lock icon How to know who's calling
        137 5 AFP A NEW TECHNOLOGY that can help telephone users determine who is calling before they pick up the telephone has been offered by Bell South Corp. The Ringmaster will allow subscribers to have up to two additional numbers assigned to their private or business phone
        AFP  -  137 words
      • Article
        Lock icon Joint effort to develop semiconductor laser
        135 5 AP MATSUSHITA ELECTRONICS, a major Japanese chip maker, has reached an agreement with TRW Inc, a leading US space machinery maker, to develop jointly a high-capacity semiconductor laser for use in space communications, a Matsushita official said. Under the agreement with the Ohio-based TRW,
        AP  -  135 words
    • Article, Illustration
      Lock icon Software to bring the IBM family closer together
      239 5 NYT IN ITS latest step to connect disparate computers, IBM has launched a host of communications software products that it aaid would make it a much fiercer competitor in telecommunications. IBM aaid the communicationa software announcement waa the most significant in its
      NYT  -  239 words
    • Article, Illustration
      NHK develops flat colour TV screen
      242 5 THE JAPAN Broadcasting Corp (NHK) says it hss become the first company in the world to develop a 20inch colour telsvision screen just 6mm thick, which could be hung on the wall like a painting to save space. The public corporation has also developed
      242 words
    • Article, Illustration
      Orange juice straight from the test tube
      384 5 FIRST THERE were oranges. Then there was freshly squeezed orange juice. Now a bizarre exercise in biotechnology may provide relief for the wrist with fresh orange juice from the test tube. Mr Brent Tisserat, a plant geneticist at the US Department of Agriculture's
      384 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      319 5 A QUICK GUIDE TO SINGAPORE GOVERNMENT SECURITIES Investing In Government Securities Is both safe and flexible. Safe because the Securities carry the credit of the Singapore Government Flexible because through these Instruments varying maturity options are available. A quick guide: SAFETY: Government Securities are about the safest investment going. The
      319 words
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  • FEATURES
    • Article
      The fallacy of generalising
      528 6 ONE WONOERS on what basis the Institute of International Economics (HE) has concluded that the currencies of South Korea, Taiwsn, Hongkong and Singapora do not reflect their "true valuee". That Waahington-baaed resesrch organisation Is deecribed ss non-partisan. To that sdjective must be edded chauvinistic non-partisan where
      528 words
    • Article, Illustration
      Staying ahead in electronic banking
      1958 6  -  Technology is the key to the future of the banking industry. Almost every bank in Singapore has computerised its so-called back-room operations and ATMs, on-line teller systems and telephone banking have become familiar to the man-in-the-street now. AMY BALAN discusses the future direction of electronic
      1,958 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1197 6 to aas aaoQQ APPLAUSE An Evening With Marten* Dietrich •pm, Channel 12 Filmed in 1972 at the New London Theatre, this film captures the magic of Marlene Dietrich (right). This show was her last, and features her performance of songs from films and stages hows like You're The Cream In
      1,197 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      653 6 CRYPTIC PUZZLE ACROSS 4 Possibly amuses, tot's say (6) 7 Canine volunteers? (8) 8 Town wildly looted (6) 10 Economical as skate? (5) 13 Soundly punished, you'll discover (4) 14 It can be worn in the snake pit (4) 15 The god of spoils (4) 16 A *50 total (3)
      653 words
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  • SPORTS
    • Article
      Lock icon Woosnam leads first round of Belgian Open
      318 7 UPI BRITAIN'S lan Woosnam, twics a winnsr in Europe slrssdy this season, scored s five under per 66 to lead the first round of the U*****,000 Belgian Open golf championship at Royal Waterloo course in Brussels on Wednesday. Woosnam was one shot shead
      UPI  -  318 words
    • Article
      Lock icon Jones pulls out from North Run
      96 7 AFP STEVE JONES. Britain's fastest marathon runner, has withdrawn from Sunday's great North Run on Tyneeide because of injuries received in last weekend's classic at Ostoihesrt Jones, second in the Boeton marathon this year, suffered a twisted knee and was spiked by runners behind
      AFP  -  96 words
    • Article
      Lock icon Becker not serving as well as before: Leconte
      333 7 Reuter FRENCHMAN Henri Leconte believes Boris Becker's hopes of completing a hat-trick of Wimbledon successes may be undermined by the diminishing power of his main wespon his first service. Leconte, who observed the 19-year-okJ Wsst German from close quarters st eech of
      Reuter  -  333 words
    • Article, Illustration
      Lock icon Evert believes she can still win another Wimbledon
      313 7 Reuter FORMER Wimbledon champion Chris Evert has not given up hops of winning the title for the fourth time at this year's championships starting onMonday. Evert, 32. speaking at the Eastbourne Women's Tennis Tournament where rain prevented her playing fellow-American Wendy Whits,
      Reuter  -  313 words
    • Article
      Lock icon One change in NZ's World Cup team
      226 7 UPI NEW ZEALAND has made only one team change for tomorrow's inaugural Rugby World Cup final against Franco at Edan Park in Auckland. Flanker Michael Jonas comas back into the side in place of Mark Brooke-Eden, the only alteration from the aide which
      UPI  -  226 words
    • Article
      Lock icon Cauthen, Cecil score Royal Ascot wins
      124 7 Reuter AMERICAN Steve Cauthen and trainer Henry Cecil took Royal Ascot by storm on Wedneeday with three victories each. The pair, associsted with Epsom Derby winner Reference Point and the French Oaks heroine Indian Skimmer, hit top form after drawing a blank on the
      Reuter  -  124 words
    • Article, Illustration
      Lock icon Aggressive Wadkins set to strike
      664 7 Player worth watching at US Open NYT WALKING QUICKLY from shot to •hot and pausing only a few seconds before taking each of his fast swings, Lanny Wadkins is the most exciting player on the PGA tour when he is in the hunt The 37-year-old
      NYT  -  664 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      316 7 Corporate Electronic Banking. Hexagon. Worldwide, 24-hour financial control. Welcome to M Hexagon Corporate Electronic Eankiriq -mmt A, Ml s Si 9 r Jw&t*m maev' Mm £sS£ral .A U' m. •V Si 5 F „',V4 Ife -as® z~. t-. .Wb fl -T> s-< ®3» S: -1, ST-;.- „> -«i I®* >?
      316 words
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  • Article, Illustration
    Where excellence is a way of life
    600 8 IT IS ONLY FITTING that the highly instructive and rivettingly entertaining SBC series. The Business of Excellence, was brought to Singapore screens by courtesy of Citicorp Citibank. Few companies in Singapore have devoted themselves so earnestly to the concept of increasing productivity, improving
    600 words
  • Article, Illustration
    Memorable moments from a good corporate citizen
    440 8 IT IS BASIC to Citibank philosophy that It takes seriously and builds steadily on its role as a good corporate citizen in whatever country it operates. For Citibank in Singapore this has not merely meant that it has fceen generous in its charitable
    440 words
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  • Article, Illustration
    A long history of service in Singapore
    165 9 IT IS 85 YEARS since Citibank first made its presence felt in Singapore banking, and 40 years since it was first incorporated here. But then Citibank has an unbroken existence of 175 years as a financial institution since it was founded in New
    165 words
  • Article
    A wide range of financial services on offer
    236 9 A FULL RANGE of financial services is provided by Citicorp Citibank in Singapore. Commercial Banking LONG-TERM loam, bridging finance, Negotiable Certificates of Deposit current accounts, international transfers, letters of credit export bills, acceptances and payroll services. Electronic Banking A WIDE RANGE of
    236 words
  • Page 9 Advertisements
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Salomon Bros lost US$100m: Analysts
      219 10 NYT SALOMON BROTHERS, Wall Street's targeet securities firm, lost about US$lOO million during the violent plunge in bond prices in April, according to analysts and Wall Street officials with knowledge of the firm s activities. Salomon Brothers thus became the third major securities firm known
      NYT  -  219 words
    • Article
      Lock icon ITT sells subsidiary in South Africa
      178 10 UPI ITT CORP on Wednesday became the third major US company this week to announce plans to withdraw from South Africa amid signs of political conflict in the white-ruled nation which has made it impossible to do business there. ITT said it had sold
      UPI  -  178 words
    • Article
      Lock icon Professor tipped to head SEC
      83 10 Reuter A UNIVERSITY law professor will be nominated as the new chairman of the Securities and Exchange Commission, which regulates the US securities industry, Reagan administration sources said. The White House was expected to announce the nomination of David Ruder of Northwestern University in Evanaton,
      Reuter  -  83 words
    • Article
      Lock icon NY nervous ahead of triple witching hour
      384 10 Reuter WALL STREET'S seven-session rally, the longest since January, came to a reluctant end on Wednesday as blue chipe closed unchanged and the broader market was mixed. The nervous tension that often precedes an expiration contributed to the lack of buying ahead of
      Reuter  -  384 words
    • Article
      Toronto
      128 10 JIM 17 AtlWtH Alcan Alum Algoma M m D«n« rtovm scoria Bank 01 Montreal Ball Canada Bp Raaourcaa Braacan CI A. Camptoi Lata ct 7* A. noo kit Prow ffpa ki M Karr AddMon Lobiaw Co McMH Btdl lolion A i4oor« Corp. I (RmmuMMMM Pit 24) 90) 25 23
      128 words
    • Article
      Johannesburg
      190 10 JUNE 17 RAND ass1228 298 18 8 1 Un Staal 80 MO urmuLS Wooftru 1879 A Alpha 1700 unch MM Aod SOS 1829 -28 unch Angfoa. «5«n -60 A/naprop MO AMl£T 9480 2960 •00 2918 -10 Mr 7300 C Q SmMh 4300 -20 CNA 446 Cona GoM. Currta Flnanca
      190 words
    • Article
      New York
      465 10 Alctn Ahiintn. AkOt UM 4-#. AMog M SSSS^r Am Cyefwntd Am r ipi— Am Homo Prod.... Am Molora Cp Amu inc. Amoco Corp Amr Corp 10* 23* AM MnhfllH 93* 4-1* AM 33* 4-1% Pir.nr.iii m 10* Mng Co m 825k 46* st* 4-X -1 4-* 4-* a*
      465 words
    • Article
      European markets
      454 10 Amsterdam JUNK 17 AJ aan 471.no ti I +3.4 AhaM Mil I +12 Afczo 142.20 +0J Alranto. 140.40 m* AMEV AM ■ST:... kjo +a UOO -ft 123 30 0 8 MJi +u Ml JO 120 JO 11J (1 a *ot 19 i Catoa. Hwrltr riMm M •f 11M
      454 words
    • Article
      Lock icon Bank of England criticises EC move
      170 10 Reuter BANK OF ENGLAND executive director Anthony Loehnia restated the bank's criticism of European Community propose is requiring iaeuers of Eurobonds and other securities to publish a prospectus before making an after. He warned that the propoead move could drive the Eurobond market out
      Reuter  -  170 words
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  • ASIAN STOCKS
    • Article
      Hongkong
      350 11 HONGKONG: Share prices yesterday closed sharply lower in heavy trading on profit-taking and disappointment over an offer by Dairy Farm to buy a 22 per cent stake In Kwik Save of Britain for £146 million. The Hang Seng Index lost 44.88 points to 3,133.74 with much of the setback
      350 words
    • Article
      Taipei
      217 11 JUNK It All Slncara Indus..... NTS 4.54 0.15 -0.1 unch unch -0.1 -0.7 Kuochan Oav. Laa Chang Yuan Cham Indua .93.60 .36.70 unch 0.2 Cathay Con* Chang Hwa Bank.... ..M.00 MOO Uan Hwa Indua. Nan Ya Plaa. Pacific Cone. .24.60 44.30 36.20 -0.2 0.2 •0.2 Chla Haln Camant... ..43.90
      217 words
    • Article
      Lock icon Tokyo
      390 11 Reuter TOKYO: Share prices yesterday closed lower overall after rebounding from their lows on Wedneeday, mainly on concern that the market may have risen too fast in recent sessions. The Nikkei Average loet 178.87 yen to 25,750.55 after plunging to 25,427.47 in the late morning. On Wednesday, the index
      Reuter  -  390 words
    • Article
      Manila
      86 11 JUNK It XKM 0rtental B HWI Oversees 0 0660 an •0.005 •0 006 ZCflE. SMI *ng»o rTiii .0.01 0 00® Pi* lex B 0.57 npvx Mining b 0.0025 Ptcop B AMU Con. B PLOT S35 36 Bigulo QoM Bute Petroleum Iwgwl Con. B 0015 MS uneh unch Sen Miguel
      86 words
    • Article
      Sydney
      376 11 SYDNEY: The Australian share market was easier at the close yesterday as light but widespread selling pushed indices down in all sectors. Scattered bargain-hunting among quality industrial and mining stocks failed to offset a general lack of interest in the market, which has fallen for four consecutive days. "The
      376 words
    • Article
      Seoul
      119 11 JUM 18 WON Kai 148i +g§ C*mM Sugar DaaMm Ind ***** ***** 1170 uneh +080 30 t od Kla Motor Koton M. ***** ***** ..-.***** UOCtl +210 •10 Daawoo Haavy........ -L. JViui lUM Dong Alt Ptwr Dong Suit Stock. Oonybv Stoat ►ton* Saii'.ZZ.""" Han* Camant Hankufc Om 1)400 440
      119 words
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      Bangkok
      124 11 JUNK 1« IAMT 7b Poat PubHaMna I I AoKhamTM. Saha Union. 388 8 Ayudhy tm—aK. 3» +2 Stam CamanL 1001 unoh Bangkok Afro-kid..... 127 +8 Stem City ■ng»o< »«nk. 296 unoh Caw ant 832 -12 Bank Of Ayudhy*. 244 uncft 81am rammarclal Charoong Thai Wire tank.. 882 +2 ICaMa
      124 words
    • Article
      Lock icon Strike at JAL grounds 2,500
      72 11 AFP A STRIKE by cockpit and cabin crew unions of Japan Air Lines over summer bonuses partially grounded its domestic and overseas flights on Thursday, affecting some 2,500 passengers. The strike forced the cancellation of five of the 43 international flights and 22 of the
      AFP  -  72 words
    • Article
      Lock icon Dairy Farm offers £146 m for 22pc of Kwik Save
      277 11 Reuter DAIRY FARM International Holdings Ltd l« making a tender offer for 22 per cent of Kwik Save Discount Group PLC of Britain for a total of £146.6 million. Dairy Farm will offer to buy up to 32 JB million
      Reuter  -  277 words
    • Article
      Lock icon Hyundai to set up joint venture in Australia
      116 11 AFP AUSTRALIA'S Bond Corp and South Korea's Hyundai Corp are to set up a joint venture trading company to improve links between the two countries. Bond Corp special projects manager Bill Newton said in Perth yeeterday that the joint venture could provide
      AFP  -  116 words
    • Article
      Lock icon China Light awards turn-key contract
      68 11 Reuter CHINA LIGHT and Power Co Ltd has swarded a 12 billion yen order to Sumitomo Electric Industries Ltd of Japan and Balfour Beatty Power Construction Ltd of tha UK. The turn-key project will run power lines from a Chinese nuclear power plant in Dayawan
      Reuter  -  68 words
    • Article
      Lock icon Australia's Ansett Airlines to take 20pc of America West
      207 11 Reuter AUSTRALIA'S Aneett Airlines will exsrcise an option to acquire 20 par cant of America Wast Airlines Inc for about USS3I.S million, Ansatt Tranaport Industrie» Ltd managing director Patar Abates aaid. Tha axarcisa, involving the purchase of about three million naw
      Reuter  -  207 words
    • Article
      Lock icon Bell a winner in Adsteam-BHP deal
      221 11 Reuter ROBERT HOLMES a Court's Beil Group Ltd was the dear winner from an options agreement with the Adelaide Bteamehip Co Ltd for shares in the Broken Hill Pty Co Lid, share analysts said. Bell was showing a profit of A 5377 million on
      Reuter  -  221 words
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      Page 11 Advertisements Column 1
      577 11 Tlm Bangkok report wm not avadaMt <Sdi M wra* i m& esttierMa mm 'XM W A V <* A s If. 11 ff f' 11 W\vi>»l»i AV^=-";"y .i' w > Fabulous Buffets in a Day at Apolfo Local Buffet Breakfast Nonya Buffet Lunch High Tea Buffet Singapore Buffet Dinner Hot
      577 words
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      Page 11 Advertisements Column 2
      72 11 Peking 4 Sichuan Rattauranl HOKKIEN-PORRIDGE nUMVICN-KUKmt MEWS DINNER/SUPPER Buffet Style Choose from more than jfo ffVOH ix 20 appetizing dishes. }g r IZII Eat all you can for only a Dinner/Supper Time: 7pm 3am $7 V 4 f xs What's So Special at Window on the Park? Temasek Buffet Lunchl
      72 words
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  • COMMODITIES
    • Article
      Lock icon ICO may propose new formula for quotas
      458 12 Reuter EUROPEAN coffee traders and roasters may propose a new formula for calculating International Coffee Organisation (ICO) coffee quotas at the end of their meeting in Amsterdam this week, traders and officials said. Although traders were unwilling to reveal details of the possible
      Reuter  -  458 words
    • Article
      Lock icon Record coffee harvest forecast
      114 12 AP THE WORLD'S coffee crop for 1967-68 is forecast st a six-yesr high of 97.8 million bags, up 27 per cent from last season's revised production of 77.1 million bags, the US Agriculture Department says. In its first forecast of the new season, the department's foreign
      AP  -  114 words
    • Article
      Lock icon Japan urged to deregulate domestic oil industry
      164 12 AFP JAPAN should drastically esse its control over oil production end retail sales in the next five years in a bid to rehabilitate and strengthen the industry, a governmental advisory committee said on Wednesday. The proposed deregulation is sxpected to rationalise the industry,
      AFP  -  164 words
    • Article
      Produce Prices
      283 12 Chinese Produce Exchange StUtn* noon dorinQ pci Juno 18 (SI/100 kg) kti en Coconut oil Mk FOt 91.00 OW drum FO« 101.00 Now drum FOt 105.00 Copra MU*d Doom) 53 Pepper Muniok wMt« FOt NtW Sarawak wMlt *****0 FOt faq NLW 1157 JO Sorawak ip*dai bladt FOt NLW
      283 words
    • Article
      Lock icon Helping hand for aluminium joint ventures
      279 12 Reuter JAPANESE private and government companies are ready to help troubled aluminium joint ventures in Indonesia and Brazil. Industry sources in Japan said a decision might be made on the package at a Cabinet meeting today. They said Japan would invest 24 billion yen
      Reuter  -  279 words
    • Article
      Lock icon Sri Lankan tea board lifts ban
      307 12 Reuter SRI LANKA's tea board has lifted a ban on CTC imports due to a shortage for blending purposes. A board spokesman in Colombo said on Wednesday that the government would permit only imports of tea not sufficiently available in Sri Lanka. CTC (cut,
      Reuter  -  307 words
    • Article
      Palm Oil
      478 12 Crude palm oU futuree cioaed steadier to marginally easier in moderately active trading on the Kuala Lumpur Commodity Exchange yesterday. The market waa still holding steady although the Chicago Board of Trade aoyoil futures fell 20 points overnight Values opened unchanged yesterday morning and maintained its ateadiness but
      478 words
    • Article
      Oil and Products
      58 12 EAST ASIAN spot oil product pricss were unchanged or slightly firmer in thin trsde. Recent high crude runs through Singapore refineries failed to dampen buyer's enthusissm and prompt oils remained strong. Crude (FOB origin) USt/barrel O—i Oubol (My) 17M «M* W«> T.u» WTI (My) ItJO -Q-J1 Products
      58 words
    • Article
      Wheat
      93 12 WHEAT FUTURES in Chicago on Wednesday rebounded slightly from the midday lows in sympathy with the recoveries seen in corn and soybeans, but still closed with loses of 6-1/4 to three US cents per bushel in light dealings. July settled at US$2 66 after posting a five-cent range. Thompson/McKinnon
      93 words
    • Article
      Soybean
      76 12 SOYBEAN FUTURES in Chicago rebounded from midday lows on Wednesdsy. but still closed with losses of 15-1/4 to 11-1/2 US cents per bushel. July settled at US$5.B2-1/2 after poeting a 15-1/2 cent range. Forecasts for scattered rains across the midwest later this week prompted continued speculative long-liquidation. But talk
      76 words
    • Article
      KL Tin
      91 12 THE PRICE OFTMMUM Kuala Lumpur Nn marfcat cloaad unchangad at Wednesday's level af Mflt.M par kilo In quiet trading yeetorday. Buyers end Mllsrs ware matched at the opanlng price at Turnover totalled M tonnae, up krom •2 tonnee on Wadnaaday but no foreign metal wee detected. AaMmMu waa
      91 words
    • Article
      Precious Metals
      266 12 HONGKONG: Gold clOMd higher yesterday, mainly on buying by local investor», continuing Wednesday's bullish trend. Qold clossd at US$45l 60/U*****.10 an ounce against an opening U*****.20/70 and New York's closs ot U*****.60/U*****.10. On ths local msrket, gold cloeed HKS2B higher st HK54,197 s tael. Coins were higher. The
      266 words
    • Article
      London Markets
      319 12 Commodity Exchange Bwyw/SoBor doring I prteot on Jim 17 (£/ton*» uni mm tpmdHod). OF London My 1265/1269 (1265/126*) Ugh/low 12M/1262 1 288/1290 (1288/1289) M*/t~ 1309/1285 Sofa* (2995) COW My 1284/1285 I (1274/1275) H^i/Unr 1285/1273 Sv 1260/1261 (1254/1255) W*/low 1265/1252 Sato* (3663) Sugar No 6 F08 (USS/tonn AMQM* 15X6/153i)
      319 words
    • Article
      Rubber
      265 12 BMQAPORE The market closed slightly higher yesterday with July 1 RSS buyers quoted at 209.00 cents/kilo, up ons cent from Wednesday. The morning session roee half a cent on light buying interest and short covering in quiet trading. Prices gained another 0.50 cent in the afternoon on continued buying
      265 words
    • Article
      SSR and SMR
      92 12 I i palMt) KAY 87 AUGUST 87 (currant month) (forword month) RAS NOON NOON Ivy SO ;,fln i •vyart Win SU 30 ISO JO 113 JON ISO JO 162 JON SSI 90 UDEI B 179 JO 190J0N 179 JO 1 tO JON wv#n j#N§n Bw#fs b#n#o SMI
      92 words
    • Article
      RAS and MRELB
      262 12 RAS prices mtc MM|,R MIRM NOON close tat I KSS Prompt MfVIl 211.00 212.00N W7W1 211 JO 212 JON tat 1 KSS My 87 208J0 209.00 209X)0 209JO tat 1 KSS Aug 207.25 ***** ***** 20*25 Int 2 KSS Of 201XX) 203.00N 201 JO 203J0N tat 3
      262 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      258 12 NOTICES THE COMPANIES ACT, CAP. 50 ENERGY CONSULTANTS PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Company held at Sun House, 19th Floor, 90 Conna light Road, Central Hong Kong on 18th June, 1987, the following special resolutions were passed: (a) That ENERGY CONSULTANTS PTE LTD
      258 words
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      Page 12 Advertisements Column 2
      285 12 IN THE MATTER OF THE COMPANIES ACT CAP 185 AND IN THE MATTER OF INTERNATIONAL FORWARDERS AND WAREHOUSING SERVICES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of International Forwarders and Warehousing Services Pte Ltd. held on 17th June 1987 at 34 Phillip Street, #06-00, Kheng Hoe
      285 words
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      Page 12 Advertisements Column 3
      309 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 and IN THE MATTER OF IZ F.l ;1 SERVICES SUPPLIES CO. (PTE) LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 190 Middle Road, #14-02 Fortune Centre. Singapore 0718 on the
      309 words
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      Page 12 Advertisements Column 4
      177 12 NAM KANG TRADING CO (PTE) LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306(1) of the Companies Act, (Chapter 50) a final general meeting of the abovenamed Company will be held on Friday the 17th day of July 1987 at 11.00 a.m.
      177 words
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      Page 12 Advertisements Column 5
      2 12 TRADER VIC'S
      2 words
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  • SHARE INFORMATION
    • Article, Illustration
      Bouts of profit-taking bring market to a mixed close
      4282 13 SHARE prices on the Singapore stock market closed on a mixed note yesterday due to intermittent bouts of profit-taking in the afternoon. The Straits Times Industrial Index loet 1.43 points to close at 1235.17 but the Business Times Composite Index moved
      4,282 words
    • Article
      Chief price changes
      270 13 I SINGAPORE Rises Indices Juno 17 Jwno 18 1111.06 Utd Moiocco 550 40 8T CmpoAt 11 08-58 Tronofe Mines 580 4-30 8T Ot/OS -77 58 indtcape 550 30 BTCADt -5687 •56*5 Temertoh 255 •♦■25 •T 10-day MJ -5691 -5697 Peck Huo 138 25 8T 08V +*****17 +*****10
      270 words
    • Article
      Business done on the SES
      4286 13 810 and ofler prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "BETT".
      4,286 words
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  • COMPANY NEWS
    • Article, Illustration
      Tibs will not be unduly affected by MRT: chairman
      481 14  -  Result for 1987 expected to be better than forecast By HOMER CHEN THE PERFORMANCE of Translaland But Service* will not be unduly affected by the Maaa Rapid Tranait system. This is the opinion of Mr John Michael Parker, chairman of Tibs.
      481 words
    • Article
      Tin counters catch buyers' attention in Kuala Lumpur
      509 14 SHARE prices at the Kuala Lumpur stock market finished mixed yesterday as bargain-hunting alternated with profit-taking. Tin stocks sttrscted strong buying interest with many recording hefty dou-ble-digit gains. Among them were Sungei Bagan which rose 50 cents to M 512.50, Tronoh 40
      509 words
    • Article
      Lock icon KSM may have to stop existing as a cooperative
      452 14 MBT KOPERATIF Strbiguni Malaysia (KBM), tha tarpaat of tha 23 da-poatt-taking rooparatlvaa frozati by Bank Nagara, may oaata to axtot aa a oooparatlva if It la to uxiunuf wiui ra (Mpotn-itKing a i Hi illlaa acDwin. Dapoait-taking may continua aithar through
      MBT  -  452 words
    • Article
      Lock icon Bandar Raya considering other housing businesses
      136 14 Bernama ES BANOAR RAYA Developments Bhd, s mtmb«r of the MultlPurpoM group, to looking into inf ponioiimM of vtoTunnfl into the upstrssm and downstream houalng kUvIMw such m construction and property managemant "The company will uaa Its axMing raaourcaa to go into thoee fiaida,"
      Bernama ES  -  136 words
    • Article
      Lock icon PNB boosts profits by 39 per cent to M$ 148.7 million
      268 14 MBT PERMODALAN National Bhd (PNB) haa raportod a group pretax proftt of M 5148.7 million tor tha yaar andad Dacambar 31, 1999 naarty 39 par cant mora than tor tha pravtout yaar. Tha hafty incraaaa in proftt cama on
      MBT  -  268 words
    • Article
      Business done on the KLSE
      2750 14 MDUSTRIALB Kama I—l ApiawW OSOSI od AJox HMg I I Atom (***** IS 106 11« 107 (3 108 (1) 10« (13 10» Oil 108 AS* ***** ***** Ml 147 (71 14« a 143 (711 144 091 146 API (92# 935) (3 94 (49 95 01
      2,750 words
    • Article
      Selected Indices
      107 14 HONGKONG AR tndusfrkih Hongkong Indox Thursdoy 2615-3 Wednesday 2621.2 Tlursdoy *****5 Wednesdoy 2052-01 Week ago 2621J Week ago 1996.88 NEW YOffK Hang Song Indox Dow Jonoi Thursday *****4 Wednesday 2407.35 Wednesday *****2* Tuesday 2407-35 Week ago 3087 52 Week ago *****1 TOKYO Standard Poors NMcoi Avorogo Wednesday *****
      107 words
    • Article
      Unit trusts
      246 14 ManoQtrs' pfftfi MARA-Bumiputra for Jun* 19 Br* FpuV* 4.7% 4J3 Shaaoora Unit TruX Smc—d l>nn ON 4-15 TkM l><w fo»r* l*p«m 4tf 477* TW CMMM III ur i«4 s«r Tta S«k|i tod ON 1 JOB M» l>N 341 147 S'por* *o« S-4 044 Oil SMk MP S.N S>or*
      246 words
    • Article, Illustration
      Sunshine Allied plans to tap market for $13.5 m
      525 15  -  One-for-one rights issue at $1.35 a share By ELAINE KOH SUNSHINE Allied Investments Ltd is planning to tap the stock market lor $13.49 million with a one-for-one rights issue priced at $1.35 a share. The chocolate manufacturing and trading company, now
      525 words
    • Article, Illustration
      Lock icon KLSE pledges careful study
      419 15 MBT THE GRADUATED commissions which may be introduced to the Malaysian stockbroking fraternity will be carefully considered before it is implemented by the Kuala Lumpur Stock Exchange. KLSE chairman Nik Mohamed Din bin Datuk Nik Yusoff said yesterday that changes to the present system would be
      MBT  -  419 words
    • Article
      Lock icon Decentralisation of stockbroking firms makes expansion difficult: KLSE
      545 15 MBT THE SPREAD of stockbroking firm» throughout Malaysia creates problems for implementations of new regulations and rules. Kuala Lumpur Stock Exchange Chairman Nik Mohamad Din bin Datuk Nik Yusoff said the size of the country thus affected the expansion plans of the
      MBT  -  545 words
    • Article
      LONDON STOCKS
      730 15 LONDON SHARES opened mostly lower in slow trading yesterday with many issues dipping on profittaking at Wednesday's record high levels, although insurances continued to rise. At 9.25 am. the FTSE. 100 was down 5.2 points to 2,315.2. On Wednesday, the FTSE 100 Index added 11.4 points to a
      730 words
    • Article
      Wardley is Ming Court's adviser
      126 15 THE DIRECTORS of Ming Court note I niv6 ippotVuM rrwenam bank Wardley Ltd as financial advisar on *>e takeover offar of tha company by Far East Organisation Pta Ltd. Far Eaat, controHad by proparty magnate Ng Tang Ring, ia baing adviaad by Ovareee-Chi-nasa Banking Corp,
      126 words
    • Article, Illustration
      Lock icon More on the new system
      443 15 HOCK LOCK SIEW AFTER UPSETTING the stockbroking community and investors with the announcement that a new settlement system was to be in place by next month, the Stock Exchange of Singapore is now holding back for views from "certain institutions". These institutions refer principally to
      HOCK LOCK SIEW  -  443 words
    • Article
      UlC's offer for Jason Mining shares fails through
      219 15 UNITED INDUSTRIAL CORP Ltd's conditional cash offer at At 1.00 par share tor the remaining 86 per cent of tie sharee in Jason Mining Ltd that it doee not own has (ailed. The directors of UIC yesterday announced that insufficient acceptancee ware
      219 words
    • Article
      COMPANY BRIEFS
      96 15 UNTTEO VfTCVWATIONAL Sacurittaa Ltfi consolidated net tangiMa aaaat backing par ahara as at May 31. 1087. was $2.17. MAONUM CORP Bhd has appointed Mr Ong la Chaong as managing diractor and Mr Gan Kong Htok as an additional diractor of tha company with affact from Juna 18. KEPRfl
      96 words
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      Page 14 Advertisements Column 1
      62 14 i^r BANK OF INDIA (London Branch) U.S. $20,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATE OF DEPOSIT DUE 21 ST DECEMBER, 1988 In accordance with the provisions of the Certificates, notice is hereby given that for the interest period from 19th June 1987 to 21st December 1987, the Certificates will carry
      62 words
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      Page 14 Advertisements Column 2
      28 14 THE BORDER ALL THE DELIGHTS OF A CALIFORNIA BAR RESTAURANT Jumbo Fruit Daiquiri's, unique appertains greet food. 21, Lorong Mam bong, Holland Village, Singapore 1027. T* *****17 a
      28 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      676 15 COPENHAGEN HANDELSBANK A /s (Akt«s«4skabet Kj»ber»havns Handetsbanfc) llncorporated with limited liability m Denmark) Hud Office 2. Hoimens Kanal, DK-1091 Copenhagen K, Denmark Sto«apor« Branch: 10 CoNyer Quay *12-02. Ocean Budding. Singapore 0104 CONSOUDATED BALANCE SHEET AS AT DECEMBER 31,1986 CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE ACCOUNTING YEAR 1986 ASSETS
      676 words
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  • Article
    Lock icon US must act fast to cut budget deficit, says OECD
    242 16 Reuter THE US NEEDS to act fast to cut its budget deficit, possibly by raising taxes, reducing non-de-fence spending and curbing the rise in its defence outlay, the OECD said yesterday. The Organisation for Economic Cooperation and Development's review of
    Reuter  -  242 words
  • Article
    Lock icon Japanese trade surplus expected to keep growing
    199 16 Reuter JAPAN'S controversial trad* surplus is likely to continue to grow in 1967, according to the Organisation for Economic Cooperation and Development. Japan's exports would keep rising but demand for goods within Japan would stay sluggish, it said. The OECD outlook did not
    Reuter  -  199 words
  • Article, Illustration
    Cambodia stands in way of ties with Moscow: Dhana
    567 16  -  -K-'k••• JC'ft -i 4L > v '&L ASEAN MINISTERIAL MEETING/ 111 j POST MINISTERIAL CONFERENCE 1987, Singapore Reports by ZHOU MEI, LOH HUI YIN DESPITE the Soviet Union's seeming interest in improving relations with countries in the Asia-Pacific region, it is
    567 words
  • Article
    Dialogue partners hold wide-ranging talks with grouping
    415 16 FREE-FLOWING DISCUSSIONS on political and economic issues were held between Asean and its six dialogue partners on the first day of the poet ministerisl conference yesterday. One of the economic issues discussed at the closed-door session waa the European Community's- proposed levy on
    415 words
  • Article
    Lock icon Vietnam sacks premier and president
    178 16 Reuter VIETNAM'S Parliament sacked Prima Minister Pham Van Dong and President Truong Chinh yesterday. but the choice of their successors indicated that the influence of the old guard might not be over. Mr Dong, 81, prime minister for 32 years, was a popular hero of
    Reuter  -  178 words
  • Article
    Bid for a solution to refugee problem
    314 16 CANADA hopes to prsssnt ths UNHCR (United Nations High Commission for Rsfugsss) with s papsr on possible longsr-tsrm initistivss in ths sssrch for a mors comprshsnsivs rssponss to ths problsm of rsfugsss in ths nsar future. Both Canada and Australia hsvs plsdgsd thsir
    314 words
  • Article
    Lock icon Call for regional move to fight protectionism
    394 16 Bernama ES FORMER Australian prime minister Malcolm Fraser has suggested that Asian and Pacific countries establish their own trade arrangements to fight the protectionist measures of developed nations. Speaking at a forum together with other former world leaders over Malaysia's TV3 last night.
    Bernama ES  -  394 words
  • Article
    Junk as investment
    198 16 "BECAUSE it was made for axpats, they (Singaporeans) didn't understand that it was part of their heritage, part of Singapore history and unique," a dealer said. She was referring to colonial furniture, suddenly enjoying a burst of interest smong young Singaporeans and expatriates. Tomorrow's cover story in
    198 words
  • Article, Illustration
    NZ's future tied to the Asian-Pacific region, says minister
    427 16 NEW ZEALAND'S security and prosperity are closely bound with those of its Pacific and Aaian neighbours, rather than with Europe, said its Deputy Minister of Foreign Affairs yeeterday. Mr Francis O'Flynn said that although hie country ie usually included among the
    427 words
  • Article
    Lock icon UAE refects coup in Sharjah
    92 16 Reuter A POWER STRUGGLE in Sharjah was unresolved yesterday as ths highsst federal authority in the United Arab Emiratee (UAE) refected the overthrow of the emirate's ruler by his elder brother. The UAE was plunged into a crisis on Wednesday after Sharjah's ruling family said
    Reuter  -  92 words
  • Article
    Lock icon Campaign against book piracy
    60 16 Bernama THE MALAYSIAN Book Publishsrs Associstion (MBPA) will Isunch s nationwide campaign soon sgsinst ths infringement of copyright through photocopying. Its honorsry secretary, Mr Johnny Ong, said yesterday the campaign, aimed at combatting book piracy by way of photocopying, was endoraed at the sale of rights
    Bernama  -  60 words
  • LATE FILE
    • Article
      Lock icon Banks asked to buy securities
      36 16 Reuter BANKAMERICA Corp ysatarday asksd about 20 Japan—commercial banks to buy US$36O million in aubordinatad capital notas and prafarrad stock that it plana to iaaua to boost its squity baaa. Rautar
      Reuter  -  36 words
    • Article
      Lock icon Seoul sees 10 pc
      45 16 Reuter growth this year SOUTH KOREA'a rsal Qrosa National Product will grow mora fftan 10 par cant this yaar and tha won will riaa furthar whila tha currant account surplus continuaa to incraaaa. Daputy Prima Miniatar Chun In-Yong aaid yaatarday. Rajtar
      Reuter  -  45 words
    • Article
      Lock icon EC farm policy talks collapse
      33 16 Reuter EUROPEAN Community agriculture ministers Isilsd to agrM on key policy rstorm» in marathon negotiations which sndsd in Luxsmbourg yesterday, and pHmgsd ths bloc into s crisis. Rsutsr
      Reuter  -  33 words
    • Article
      Lock icon Trial transferred to High Court
      50 16 Bernama THE TRIAL of Malaysian Deputy Youth and Sports Minister Wang Choon Wing, Malaysian Chineee Aaeociation Youth leader Datuk Kee Yong Wee and two others on charnof Criminal Breach of »t has been transferred back to Kuala Lumpur High Court from the Sessions Court Bernama
      Bernama  -  50 words
    • Article
      Lock icon Enrile wins Senate seat
      64 16 Bernama cooajcd Bkm —i— r> ,i,,,,,, runwcn rninppfnc uvunct Utiiia4a# Liam fti-. n n f .i Minister ju«n rone# cfirtv# and two candidates, Memintal Tama no and Santanina Raaul, both of the government s People Power coalition, clinched the last three berths in the 24 seat
      Bernama  -  64 words
    • Article
      Lock icon Optimism in China
      35 16 AP A POLL of residents in 42 cities says that they are generally optimistic about China's economic, social and political future. A majority believes that China will cnango for in# Dtuif. Ar
      AP  -  35 words
    • Article
      Lock icon Rajiv's party heads for defeat
      51 16 Reuter INDIAN Prim* Minister Rajiv Gandhi, •••king a moraleboosting victory over th« Opposition, yesterday sppeared to b« heading for stunning •i«ction d«f«st in 0m ksy northern stats of Haryana. Early trsnds in vote-counting showed ths Opposition far ahead of Mr Qandhi's ruling Congress (I) party.
      Reuter  -  51 words
    • Article
      Lock icon Japan welcomes Chinese decision
      33 16 Reuter JAPAN yesterday welcomed China s confirmation that a bilstsrsl ministerial confsrsncs next week would go ahead ss plannsd in spite of recent strained relations between the two sidss.
      Reuter  -  33 words
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      Page 16 Advertisements Column 1
      127 16 Mora OECD reports on Pago 4 leaving Singapore for 3 weeks? know your family is safe and happy... 7' 2 n ,'4 X 2 y\- J You owe it to yourself to check out Ardmore Park... the security is excellent, school buses call at the gate, and there is aerobics,
      127 words
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      Page 16 Advertisements Column 2
      33 16 presents, SUPER 120 GABARDINE. The quintessence of quality in fabrics. eena i f ■> 11 el-.- a W- f r, *> J*r IT* V KJU 4MMMV V Mm m t -<» 5 PMf ■i J i-' .>
      33 words
  • Page 16 Miscellaneous
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  • SHIPPING TIMES
    • Article
      New Norwegian ship registry stirs little concern in Singapore
      512 17  -  By LINDA CHEE THE NORWEGIAN International Ship Registry (NIS), opening on July 1. has stirred little concern in Singapore over its possible effect on the local shipping industry. When reports first emerged about the new register, concern arose over whether Norwegian
      512 words
    • Article
      Lock icon 2,500 Spanish dockworkers begin 9-day strike
      182 17 Reuter CARGO HANDLING in most of Spain's major ports was disrupted as about 2,500 dockworkers began a nine-day partial strike over planned port services changes, a government official said. Angel Delgado, Director of the Labour Ministry's Port Works Authority (OTP), said 80 per cent
      Reuter  -  182 words
    • PORT SIDES
      • Article
        R M Currle returns at ICS chairman
        44 17 R M CURRIE was returned as chairman of the Institute of Chartered Shipbrokers, Singapore branch, at the association's 10th annual general meeting on Monday. Mr Michael Leong was re-elected vicechairman with Mr Bryan Quah was hon secretary.
        44 words
      • Article
        Lock icon Mora contributions to fight pirates
        119 17 Reuter THE DANISH government will give a further one million crowns (U*****,000) to fight pirates who attack Vietnamese "boat people" refugees sailing to Thailand. The contribution wiH go to a United Nations anti-piracy programme in the region which has apparently proved effective in arresting pirates
        Reuter  -  119 words
      • Article
        Osaka port added to Senator's list
        92 17 SENATOR LINIE will include Osaka in its schedule in addition to the Japanese port of Yokohama in its newly launched round-the-world service. The first call will be made by the Dutch Senator which will sail into in mid-July. Senator Llnie further announced that the
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      • Article
        Lock icon May orders drop for Japanese yards
        100 17 Reuter NEW FOREIGN shipbuilding orders received by Japanese yards in May fell to five vessels totalling 188,900 gross tons (gt) from eight ships of 314,000 gt in April, against four ships of 104,500 gt a year earlier, the Japan Ship Exporters Association said. The
        Reuter  -  100 words
    • Article
      Lock icon Gulf war renews pressure on Reagan to ensure security of US oil supplies
      625 18 Reuter THE THREAT to tankers in the Gulf has renawad pressure on President Reagan to use means other than military power to ensure security of oil supplies for the United States. Congressmen are calling on him 1o
      Reuter  -  625 words
    • Article
      Lock icon US$3m fishing port to be constructed in Sumatra
      109 18 Bernama A NEW FISHING port will be built at Sibolga, north Sumatra next year to help fishermen and farmers increase their income, Director General of Fishery Suprapto said. The port will be constructed at a cost of about US$3 million, he said.
      Bernama  -  109 words
    • Article
      Lock icon Iran laying mines around Kuwaiti oil port of Ahmadi
      160 18 Reuter IRAN has been laying mines in the main waterways leading to Kuwait's oil port at Ahmadi, the Washington Post reported yesterday. The post quoted a senior administration official as saying the United States was assessing the potential threat to US
      Reuter  -  160 words
    • Article
      Lock icon Experts gain new insights into seamanship of Vikings
      606 18 Reuter SLENDER Viking ships once ruled the seas, disgorging fierce warriors to conquer England and occupy Iceland and Greenland. Now, the skills of the men Who built the vessels 1,000 years ago are win* ning Yapt admiration from modern marine archaeologists. The
      Reuter  -  606 words
    • Article
      INDEX TO ADVERTISERS
      897 18 AB Shpg V S ABC Container VIM 1 Accord Shpg VI 3 Ahrenfciel liner XI 1 Africa Ocean XN 2 AlHrow vn 3 AC Toepfer IX 5 America .1 Tpf XII 2/3 Anro Service IV 2/3 Arrow lines XN 3 A$»on Ocean VI 3 AHas line X
      897 words
    • Article
      Heavy lift ships switch to Togo flag
      235 18 FOUR HEAVY LIFT vessels have been transferred from West German line to ttie Togo flag as part of efforts to boost the crewing experience of Togo nationals. The multi-purpose vessels are being acquired by Togo company Sorinoco Marine from West Germany's Hansa Linie
      235 words
    • Article
      LONDON FREIGHTS
      1112 18 CHARTERING has been mainly confined to the grain and coal sectors of the freight market on Wednesday, shipbrokers said. Two grain cargoes were covered from the US Gulf to Egypt at US$lB.5O and $18.90, respectively, slightly under previous levels, while $15.50 was paid from the Gulf to Jeddah.
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    • Article
      CONSORTIA
      173 19 THE MAJOR «hipping consortia operating between the Far East/European, Far East/Persian Gull, Straits ports/Australia. Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      173 words
    • Article
      Lock icon Soviet ships searching for oil, minerals off Syria
      185 19 Reuter TWO SOVIET SHIPS started prospecting for oil and minerals off Syria's Mediterranean coast, the Syrian news agency, Sana, reported. Sana said the Soviet scientific ships Strankhov and Petrov would start surveying west of the northern port of Latakia and work south.
      Reuter  -  185 words
    • Article
      Aussie Ships Bill approved
      594 19  -  Operating costs still most expensive in the world By KINGSLEY WOOD AUSTRALIA would retain its appalling record of operating the most expensive shipping in the world unless the high crew cost was tackled seriously, opposition Senator David Homer said. Seventeen of the 21 Australian ships engaged
      594 words
    • Article
      Lock icon US seizes fireworks shipped in container
      206 19 UPI STATE AND FEDERAL officials in US have seized 6 tons of fireworks shipped illegally from Taiwan and carried by train across the United States in a container with shoes. The 6 tons of explosives, confiscated on Tuesday, packed enough power to "blow up
      UPI  -  206 words
    • Article
      Agency wins berth contract
      77 19 TAIWANESE RetSer Engineering Agency has won a E£2l million contract for the construction of a multi-purpose berth at Port Said, Egypt The 250-metre berth with a 14 metre draught alongside will be located next to the port's new container terminal. The berth is part of a
      77 words
    • Article
      Lock icon Gruppo to sell 45pc stake in Fercofin
      80 19 Reuter ITALIAN AGRIBUSINESS concern, Gruppo Ferruzzi, has agreed to sell a 45 per cent stake in holding company Fercofin SPA to a Genoa shipping and trading group, Clerici, for an undisclosed sum. A Ferruzzi spokesman said Clerici already holds a 50 per cent
      Reuter  -  80 words
    • Article
      Port of Los Angeles to register all-time record for cotton exports
      434 19 COTTON EXPORTS through the Port of Loe Angeles is heading for an all-time record. During fiscal 1906, 945,430 bales or 206,000 tonnee of cotton were shipped through the port to apparel manufacturers in Japan, Korea, Taiwan, Jakarta, Hongkong and
      434 words
    • Article
      SHIPPING LIST where your ships are due...and when
      9134 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.
      9,134 words
    • Article
      Who acts for whom...
      1985 26 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). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). All trans All trans Express American
      1,985 words
    • Article
      CONTAINER SCHEDULES
      800 27 RECEIVING OF EXPORT FCL CONTAINERS ANO LCL CARGO Gdna FCL Arrival LCL movamant Ship Voy date/time Oparator cargo •chadula Location Moyo 204 19.0687 1600 l*o Shpg f5A 0700 0900 R3 ijffi forever 017W *****7 2100 G Alio f5A 1200-1300 A4 Pr$)ude 020 *****7 2300 Shorp f5A 1400-1500 J4
      800 words
    • Article
      SHIPS IN PORT
      493 27 AT CONVENTIONAL WHARVES VnmI Bwi Arrival Dapartara keppel wharves tam oi X *****0 Glaka T>ada> KIS elo#«gwde 1 04/2100 Hortio* Star 00 o4o«pMs 1*04X100 Kola lotv OI olo^ttda 2t 01X100 Krti Moduro KM CIO atoned* X0t/2300 lAt o*o«gv6* l*0t/2300 So^ai KS motju/w OJ Q*Oipi<l 21 OtXtOO Nad
      493 words
    • Article
      Lock icon South Koreans prepare to meet challenge from foreign shipowners
      273 28 Fairplay SOUTH KOREA shipowner* are reported to be jostling for position in sn attempt to ensure they sre in s strong position to meet the challenge from foreign shipowners when Korea's cargo reservation laws are relaxed next year. The collapse of
      Fairplay  -  273 words
    • Article
      Lock icon Slight increase in idle tonnage
      153 28 AFP LAID UP TANKER and combination carrier tonnage rose slightly in June compared with the previous month, standing at 20.9 million dwt, against 20.75 in May, London shipbrokers E A Gibson said on Wednesday. But the figure was well below the 26.75 million dwt recorded
      AFP  -  153 words
    • Article
      SHIPPING EVENTS
      463 28 July 24-Aug t Galbraith's Shipping Course 1967. To be held at Ashbridge Management College. Berkhamsted, Hertfordshire. Full details from Galbraith's Ltd. 86 Fenchurch Street, London EC3M 40N. Telex. *****1. Sep 6-11 Offshore Europe '67 to be held at the Aberdeen Exhibition and Confernce Centre, Aberdeen Scotland. Contact Spearhead
      463 words
    • Article
      Lock icon Steamships to buy PNG company
      112 28 Reuter THE PAPUA New Guinea government has agreed to sell the Papua New Guinea Shipping Corp (PNGSC) to Steamships Trading Co Ltd, a Steamships official said. Steamships, owned 33 per cent by John Swire and Sons Ltd of Britain, would pay 2.08 million kina, less
      Reuter  -  112 words
    • Article
      Lock icon Port of Oakland signs US$100m waterfront deal
      173 28 Reuter SALOMON INC's (SB) whollyowned subsidiary, Salomon Bros Real Estate Development Corp, exercised a 30-day option that guarantees financing of US$lOO million waterfront project at Oakland. The Port of Oakland said Salomon Bros has a 70 per cent stake in the waterfront project
      Reuter  -  173 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      675 17 a ■MM iHI /vv SHE HAD AmflAnur power, she ;wt **s n «smc-> rxutx A NV'.M XtM Y ?>»<;> S NEEDED LOVE. SHE WANTED REVENGE. Emma Hartr is A WOMAN OF SUBSTANCE But what is the prior she has paid? Available at aH good bookshops Cmtaimi Uwe jArapi wm <—
      675 words
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      Page 17 Advertisements Column 2
      124 17 THE THREAT to tonkers in the GuW has rentwed pressure on President Reogon to use means other than military power to ensure security of oil supplies for the United States. Page II AUSTRALIA would retain its appalling record of operating the most expensive shipping in the world unless the high
      124 words
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      Page 17 Advertisements Column 3
      430 17 H«w B.E. AsU dS&, m*awou«. tragic. ammTS JiVriyvi <nr«:»N Avmtmbtof* Good Bookshop* MAERSK LINE SINGAPORE/U.S.A. now calling direct at OAKLAND Voy yporv Tha »«a* V«d M Cnang It* cr 2V6 0200 HRS CFS 24* 1000 HRS ANLD M AXEL M CORNELIA M LUNA M ARTHUR M m Port I IS/7
      430 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      366 18 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL PT. of LOG. TEL: 03-*****50 MALAYSIA SON. BHD. TLX: ***** MTM VSL muuv* SAN JIANG KOil llao*org WNMn# Aotoo-g)oa PT. KLANG m> 2V7 m m Frt. Booking contact Miss Gan S PORE LDG FOR Kuching-Busan-Ulsan W Xinfinf HI Manila-Mongkong-Busan-Ulsan 4/1 Kaohsiung-Keolung-Busan load/ diocharging ports on
      366 words
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      Page 18 Advertisements Column 2
      19 18 Lines and services represented by SSJT 8 the R istr > Accredited ffgSni Shipping Agents, Singapore National VVftis#/ Shipping Association.
      19 words
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      Page 18 Advertisements Column 3
      280 18 OUTBOUND TO NORTH AMERICA SENATOR LINIC j caifTAMH TRANSPUT ACCEPTING CARGO TO SAN FRANCISCO, LOS ANGELES, BALTIMORE ft NEW YORK. OTHER DEST PORTS ON REQUEST INBOUND FROM EUROPE LOAO4RC DATES SAVANNAH, TAMPA, CHARLESTON, MIAMI, ARRIVAL DATES SuperCamers for ro!l-on/roll off and container flexibility BaroerßhieSea TO: PANAMA US WC/EC/GULF E. CANADA
      280 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      708 19 mm mn The Straits Steamship Group Mansfield Container Shipping Re Ltd STRAITS SHIPPING Singapore to SatMh, Sarawak, Brunai Ports and Bangkok CONTAHERSHP SERVICE TO UK/COffnNEHT: pegasus pride Pegasus mot SPORE B'KOK 23-M Jun M-27 Jm a Jt»-C M 03-M M fpan P. Klant Ha M'tarrf Him R'«m* U N m
      708 words
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      Page 19 Advertisements Column 2
      582 19 C SAV Corrrnrvj Sad Amerce. r\> rt^'.jccrcs S<3 DIRECT SERVICE TO/FHOM CHILI FRANKFURT EXPRESS A VESSEL S PORE MOTHER VESSEL HK ARtCA IQQ AIITOF VALP SAI W SEA EXPORTER U7 7/1 U/» *7 CAR CARRIER 2M JM (TOK 2*7) CARGO FOR PUNTA ARENAS, TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA
      582 words
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      Page 19 Advertisements Column 3
      87 19 CHARGEURS REUNIS I i MED CLUB MEMBER) avip.LL^!7! J _a.;u3 iv L ■BNTURAJKA a >m »n«Him CARGO tar fnrtilnn Jw (M IM 2SJw MM lIM A Ciyiwi 7M 12 M 11M KM NEW OASQ on mm mpfowcA C* KOK mm* amm nwm, nu* ijw ijw Ihi Itm Him UJ aim
      87 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      189 20 CONTAINERSHIP SERVICE TO UK CONTINENT CONV.SEMI CONTAINER SERVICE TO EUROPE w* an CONV SEMI CONTAINER SERVICE TO MED EUROPE ;ONTAINERSHIP SERVICE FROM UK CONTINENT SOUTHEABTABU FTC. LTD. INTERNATIONAL FREIGHT FORWAROERS CONSOLIDATION SERVICE WEEKLY FROM *1 i I-J I.UI AceopMng FCL and LCL Singapore BIRKART S E A fa! ***** 1
      189 words
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      Page 20 Advertisements Column 2
      635 20 FULLY CONTAINERISED SERVICE FlO (UROPI VIA SUf /1 M, mb,r 01 ;hf C R'feai FttXM H'fcurj I'havM AatMWf KOREAN JACEJIN CHINA CONTAINER TRANSBKMLD NIKE 3M|22/7 •PKELANC CTRS VIA FTEDC* KSSEL FROM J ■IROPF VIA SUF/J fl Mrmhrr il th* S. f i Spar* N VERRAZANO MIDGE ME m 21 TRANSWORLD
      635 words
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      Page 20 Advertisements Column 3
      381 20 K&S LINE JAPAN/HONG KONG/STHAIIS StHVICfc SANKVO LINE (S) PTE LTD. 141 Oi4 -v 10 04 (,fi BuMm{ S pof UlOf) Tel Po«t *rljo£ If j r*ij Sd«i Bf>il lei 03 3€»*So?4 Ppnjnf Mjljtw t,jd» Irii.%pwt ltd Ifi 04 *****1 p J'» r >.Mijnf M.i jfS»*()p«i{ A(rri(*s Sdr Bhd 1H 0/
      381 words
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      Page 20 Advertisements Column 4
      770 20 EVERGREEN Round-T he-World East Bound (FE/CARIB/USEC/EURO/FE) ever LEVU EVU GLORY EVER LINKING EVE* CLOSE EVER GAROEN EVER GENTRY EVER GLEAMY ALSO ACCEPTING CARGC 1) PHOVtOENCE, NCVAJH muMNCTM, KRMU 1) ATLANTA. CHICAGO. I MU KK Kit W OH m UN CM NYC MLBr FIX MM AM LNV .5 VP tw M
      770 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      589 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE is/7 is/7 sin i/s UURORAN (HOKKAIDO) *HTC HITACHI INDONESIA CONTAINER SERVICE I KOTA MNOA MA HAWK VESSEL VOY SIN SSY SMO SIN BLW KN SEA FORTUNE 1711 SU> SLO SU) SU> SU>
      589 words
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      Page 21 Advertisements Column 2
      111 21 m TO UK/CONTINENT PORTS TO INDIA/PAK/RED SEA PORTS SWK/SABAH SPORE LOAWNC FOR NORBULK NBT-10 NOR BULK NBT-ll SPORE MARATHON UNITED AGENCY PTE LTD TEL 2226*6 W MALAYSIA SP YEO SHIPPING i TRADING KL P* 3WIOI PENANG TANJUNG MARINE SDN BHD TEL WSS2S SABAH TRANSPAC K K »«,7212« m PACIFIC NAVIGATION
      111 words
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      Page 21 Advertisements Column 3
      694 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT B'HAVEN KOMI HAVRE UP UP I*7 W W UP w no up www ait an up www 1W 1W 1M m m w m m m on vn an ww*» M W 1W EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAM B'MVEN DAM HAVRE STON
      694 words
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      Page 21 Advertisements Column 4
      563 21 DJASAGETRI A Joint Europe Santo* Of: f.T. DJAKARTA LLDYD P.T. DOOM LLOYD P.T. SMNO6OA INDONESIA P.T. TDIKOM LLOYD VESSEL/VOY ERBBA F/tCH-WB KUT AIJUR s. panjang,i6wb CAN DA BHAKTI/1M tiimt a a/7 ANTWERP BILBAO BREMEN A'DAM/R'DAMHBURG 2*7 lit z 3 JB a* m Sublet to Inducement A too wxepMng cargo to
      563 words
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      Page 21 Advertisements Column 5
      396 21 BOUSTEAD SHIPPING AGENCIES PA-AN VIUW PACAN VIIM AVA VK OtadiaraiM onty Loatfinf for Europt m BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S'port P.Kelang Penang Bangkok 2V22 Junt S/MJw WJNIy —'~-l it* Jul _«•>-- TAMA IT AI SAMOA V.ION FORTHBANK VI9N IVY BANK VIS* MEADOWBANK VUN SPOKE ROAM
      396 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1040 22 K"LinE SHkPPinG-DfVTfl ATLfIriTIC CDfIST (Round-The-World Service) •PK/PNG SPORE LI CHLS N. GARNET VI SID 19 Jim U Jul 21 Jul 0. FREEDOM Vl4 19 Jun 26 Jun II Jul a Jul 0. FAITH V 3 27 Jun 3 Jul 25 Jul 4 Auf NFK NYC 23 Jul 25 Jul 30
      1,040 words
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      Page 22 Advertisements Column 2
      232 22 Accepting LCL and NEDLLOYD COLOMBO 322* OSAKA HARU 3334F c iryoii Direct to Sport Durban P.Elii C.To Vfk IR/7 12/7 13/7 W 23/7 2S/7 21/7 JARMNE SHIPPING AGENCIES (REG. 242*4/ OOK) 200 CANTONMENT ROAD #12-05 SOUTHPOINT, SINGAPORE 0208 tot 22M011 TELEX NO: RS 2(179 TERMINAL/CfS Tal. *****11-220 BOOKINGS Tal. *****34-235
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      Page 22 Advertisements Column 3
      662 22 AUSTRALIA EXPRESS CONTAINER SERVICE AcMpdnt FCL/FCL Cowflfwn F d PM** lunar fns* Spare llMti Fran Sytfn Aba Accapt "CHANOIDAS" VXIIIM AM/tm rESiTS.' 15 12 ABl *>Ar VJS 20 My 3 At* 12 Am| 10 Aa| AM/Brit -RAMOAS" VJO I Au| 23 Au( 1 S«* 30 Adal/Bra ESTECUPPER Vl6 13 Au(
      662 words
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      Page 22 Advertisements Column 4
      718 22 GOLDEN LINE Y<G6>\ GUM GUM SHPfWG (PTE) LID ?3 t« kfT SkM( mtmm iim m mum or no Fax. jm STRAITS/PERSIAN GULF SERVICE: ?po» P KatovPan OOLOCN WON OCR Cok*nbo/Ksndii/Dubsi/Dwiiiiwiii 001 DEN BEAR totomto/Karadu Atocat/Bafcraw 21/2» My CHINA SERVICE A VESSEL H»wunf,Sh»nfh«i SUMy- snis a ar s assr"? ?7 k-
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      Page 22 Advertisements Column 5
      254 22 ftr PHMIRON SHIPPING HjSINCIIS PJI I 171 PHIH i PUNi llNfs pj[ ijp Z *fi f P writ' f. iN 'N.lPOfif y v EAST/FAR EAST FCI La SERVICE ETA SINGAPORE tn7m EAST/WEST AFRICA/MED PORTS SERVICE 5E AUSTRALIA UK/EUROPE USA/CANADA SERVICE PORT LOUIS/SOUTH AFRICA SERVICE I SI NO EXPRESS LINE TO
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      Page 23 Advertisements Column 1
      866 23 NEPTUNE AGENCIES PTE. LTD. EE EUIAUST TPA/SEA Ttnmntt crS BOOKINGS *****53 2787 C mxn *****53 27*111 *****41 NEPTUNE ORIENT LINES LTD NEPLINE SON. BHD. MM7 NEPLINE SON. BHD X 1483 nepline son bhd. NEPLINE SDN. BHD. 23WD/23W1 INWARD/OUTWARD ENQUIRIES *****44 li.. Jl:.. .ifi:,- .U'l» .177 :7 tr Si¥ TO EUROPE/UK
      866 words
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      Page 23 Advertisements Column 2
      134 23 4* TAYO SHIPPING LINES PTE LTD TEL *****25 (3 Lines) TLX RS ***** TAYOIN VESSEL PIYA I A VESSEL SINAR MEGA A VESSEL A VESSEL ETA ETD DESTINATION 26/6 30/6 KRABI/COLOMBO 2£ PORT KELANG BELAWAN 20£ PEKAN BARU/DUMAI 20/6 BATAM 27/6 SEMARANG/SURABAYA 22/6 15/6 18/6 22/6 REGULARSERVKES TO INDONESIAN PORTS
      134 words
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      Page 23 Advertisements Column 3
      421 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN INCHON 1 Vmml'i Name No J Donam/7WN M. Ent*rprit«/711N No 7 Donain/705N Not Dona*/7BN No C Dona*/7«7N No I Donam/7VSN M. Enterpri*a/712N No 7 DorvtmTOfcft No I Donam/70tN S PORE AGENTS SEPTUNE AGENCIES PJI LTD Tei 2N01L2,;TiM34
      421 words
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      Page 23 Advertisements Column 4
      734 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 ***** P. KlUljC PCHAffC MfS HANDLING SYSTEM CO SON. MO NESSXS MAI TUfWT tyiMw 177 i T«t *0243;
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      Page 23 Advertisements Column 5
      60 23 FERI MALAYSIA SDN. BHD. «[>( .NiaiNiP pennisu: wmi* sipvicj MKNUN MliHINt, MN»R#i!l si r -u acctPiiNij snt dkiwn Hf«vr thighs *OM KUANTAM KUCIIQ KOTA i tm mi nm run !w 17*7 IM7 IM7 Jin 19, Kappat load #05-02/03 J» Pah MMng Spora 0208 Tafc *****38 (5 Urn) Tlx, KS *****
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      Page 24 Advertisements Column 1
      353 24 SINGAPORE SHIPPING CORPN.(PTE) LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD V£ B DEUTERACHT St EREEOEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE 0 tUWft m a— I '.'.'I'jILMEMI •via COLOMBO: Accepting cargo for INDIA Bombay. Codun A Madras; EAST AFRICA Dor-E* Salaam, Mombasa I
      353 words
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      159 25 wu> .v?iv. CALLUS E LAHC PENANG J. BAHRU P. GUDANG SINGAPORE I K. LUMPUR *****53/*****11 04-*****2/4 *****3 07-*****8, *****1, *****5 07-*****1, *****3, *****5, *****0 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE OTHER DESTINATIONS: AARHUS, AMSTERDAM, ANTWERP, BASLE. BREMEN. BREMERHAVEN. COPENHAGEN. HELSINKI, MALMO. OSLO, STOCKHOLM. UK. RECULAR FAR EAST/MEDITERRANEAN CONTAINER SERVICE
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      Page 25 Advertisements Column 2
      273 25 MN CONTAINER LINE IRA 14 6 T0: LA/LB. OAK/SF, N.YORK UOil 21/6 LA/LB, OAK/SF, N.YORK ACCEPTING LCL/FCL TO ALL PORTS/IPI TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO: DAKAR, CONAKRY 22/6 25/6 ABIDJAN, LOME 2M 26* CONTONOU. DOUALA LIBREVILLE, PORT GENTIL P. NOIRE. LUANDA DAILY ACCEPTING LCL/FCL TO:HUM NUI NHII
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      250 26 UHSWORTH INTERNATIONAL CONTAINER LINE THE NAME IN NVOCC WEEKLY SERVICE TO AND FROM LONDON (ACCEPTING CARGOES FOR ALL INLAND DESTINATIONS U.K.) BOOKING AGENT FREIGHT MANAGEMENT TELEPHONE *****11 (15 LINES) CONTACT JACQUELINE LIM JULIE QUEK MARGARET GOH DOROTHY LIM FROM: EUROPE (EAST-BOUND) I mnm vessel CLOSE TRADER BANGKOK NAVEE JUMP A
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      Page 26 Advertisements Column 2
      442 26 TO x FINE-LINER SHIPPING PTE I.TI) 70 Shenton Way 04 02C Marina House S por« 020? TFL *****77 (6 Lines) y ***** FLINER EUROPE SERVICE 1M U7 an 2*7 mo vp w up W MP tW KM FAR EAST SERVICE raTTni*'. i„nr-»i;."r MIDDLE EAST GULF SERVICE AUSTRALIA SERVICE Fna Ma
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      Page 26 Advertisements Column 3
      602 26 ZIM ILL CONTAINER SERVICE accaptinf FCLACL carwos to USA East A Ht Coast Carribbaan.East Canada, HAITI, Port Au Spain, Barbados N. ST. LUCIA. 1' Hi "IH- if.ij ij.fi; ZIM PIRAEUS ZM lILAT ZIM KAOHSUNS ACCEPTINt CARGO TO ADELAIDE VIA MELBOURNE AM) ALSO FCL TO GUAM r* ZIM EILAT CONTAINER LINE
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      Page 26 Advertisements Column 4
      496 26 WJ* COMPANIA PERUANA Df VAPORES "PERUVIAN STATE LINE" Loadrn tor Cattao. Mataram, No art aH othar Par uvma parti mOi Koba On CPV Throujh Ms of Ladinf to fmal iliHiimUiii Penanf* P. Kaianc Singapon THOMASEVERETT 2S/2S iur HUGHEVERETT I*ll Jul MANOLOEVERETT 24/21 Jul 2S/2I Jun I*ll Jul Ufa Jul "EVERETT
      496 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      200 27 i Hamburg West Germany Tiger Line Common Carrier Feeder Services Common Carrier Feeder Service For Main Line Operators Only. Agents: C.F. Sharp Company Pie. Ltd. Telephone: 220 1422 Telex: RS ***** ahrenkiel liner service CONTAINER BREAKBULK SERVICE TO FROM PORT LOUIS AND DURBAN S RELIANCE VS2W 20/06 01/07 08/07 ALS
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      Page 27 Advertisements Column 2
      143 27 r\. .1 CONSOLIDATION SERVICE FROM: SIN6APORE/P.KELANG J©^GT" 0 CV i.MFMBER OF THE PRESS GROUP) WEEKLY CONSOL SERVICE LCL/FCL lI.SJL (East West Coast Ports) UK/EUROPE Continents (All Ports) □MiAWiIMiBHIiiI! I.' itl FOR BOOKINGS/ ENQUIRIES PLEASE CONTACT:MS PEGGY TAN TEL: 221-1444 MS ALLISON CHEONG TLX: RS ***** MS CAROL HOE FAX: 225-6K4
      143 words
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      Page 27 Advertisements Column 3
      154 27 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE HAN LI M SHIPPING CO.. LTD. REGULAR UNER SERVICE TO BOMBAY AND PERSIAN GULF VSL NAME Hanlim Mascot V.24 Korean Ruby V.OB S pore LOG FOR 28-29/6 Bombay 18-25/6 B. Abbas Note: Span ivaitoWe for timber/locs from EIWI to E 4 W Coast India
      154 words
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      Page 27 Advertisements Column 4
      833 27 Jjgr OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR LAST TO EUROPE MEDITERRANEAN *EST AFRICA rcuxsTom i toTTtmw I unrnnr f'f T',i» U-L OUTBOUND TO MEDITERRANEAN Eznn OUTBOUND TO W AFRICA m nt INBOUND FROM EUROPE FOR FAR EAST PORTS r'.'.'.n YT* A OCEANUS SHIPPING AGENCY
      833 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      340 28 FARGO SHIPPING COMPANY*PTE)LTD HM KK>Lt AR MPRESS FULL CONTAINFR AND LCL StKv'lCE WOUND AQOfT FOR ABC CONTAMERUNE From USA/CanadaTEuropa/Madllarranaan Vsl L NUOIG Aitmitf ETA SINGAPORE DESTINATION imam Chfttjfoof, Chalna RUNGA KEMJNING 110N 22/6 BUNGA BUTAMG 391 230 Port Kalang. Panang Jll 11 25* W. *7, 14/7. 23/7 H* 2/7, J/7,
      340 words
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      Page 28 Advertisements Column 2
      521 28 Afßlt A OoAH LiNIS Lid HIM I 4 A'iMACCEPTING FCL/LCL 1 BREAKBULK TO; LAGOS/ APAPA, PORT HARCOURT, WARRI, CALABAR. SAPELLE, TEMA, CONAKRY AND OTHER WEST AFRICAN PORTS VESSEL ETA SPORE CARMBBEAN EXPRESS 3/7 M/V EKE SOS 6/8 COLUMBUS LINE REEDEREI GMBH ia service of Hamburg sudEXPRESS SEMt-COHTAHEP SERVICE TO General
      521 words
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      Page 28 Advertisements Column 3
      194 28 ymr > m i Mitsui OS K Lines Ltd FULL CONTAINER EXPORT TO; UK/CONTINENT (TRIO) MEDITERRANEAN (MED CLUB)' IM M J M 91 WHh 11JMr IJ/M* M/Mv 22 S2 !3~ ■85 T5 "SS 15 15 DOC AT SMUAMA (SACT) USA (WEST COAST)/CANADA TO PSW (CCB SERVICE) TO PNW (CNB SERVICE)
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      147 28 Regional Weather 9t 2* t/03 > s K2 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 730 AM. THIS MORNING. LEGCND: *C O w Wind drection with speed m knots Wove height R Thunderstorm Temperature c A V Showef Weather Wind direction with speed m knots cZLdy Sky Wove height Surface «Wi
      147 words