The Business Times, 7 July 1987

Microfilm: NL15870
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 TUESDAY, JULY 1, INJ 75 CENTS
    12 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    184 1 THE S$ cloeed lower against the US$ yesterday, dosing at 2.1238/49 (2.1208/15) In thin trading in the local torex market It firmed up againet the M$, the yen, starling. Swisa franc and D-mark but ooood against the HK$. US$1149.29/35 yon, *****/33 DM, S|Z1235/45 L US$*****/20 HK Hong
    184 words
  • Article, Illustration
    Tenders close for biggest renovation job in Singapore
    560 1  -  ■y LEE HAN SHIH Property Correspondent THE FIGHT to renovate tha Miniatry of National Davaiopmant'a haadquartara and its annax at Maxwail Road haa reached Ha final ataga, with tha lowest bid of $54.4 million making it tha largaat renovation job in Singapore.
    560 words
  • Article, Illustration
    ST Index breaches 1,300-mark
    506 1  -  Blue chips hotly pursued By LISA LEE THE SINGAPORE ttockmarkM yesterday staged on* of its strongest rallies in recent months as the hot pursuit of blue chipe and good-quality stocks drove share prices up acrosa the board in active trading. The Straits Timee Industrial Index gained
    506 words
  • Article
    Lock icon Philippines preparing 45 cases against Marcos
    155 1 AP THE PHILIPPINE author itiea plan to file 46 criminal caaea against former president Ferdinand Marooa this month which could result in prison terms of "millions of years", a senior official said in Manila yesterday. But Ramon Diaz, chairman of the Preeidential Commisaion on
    AP  -  155 words
  • Article
    Lock icon Neo Yee Pan to vie for posts in MCA party election
    506 1 Bernama FORMER acting preeident of the Malayaian Chineee Association, Datuk Dr Neo Yee Pan, yesterday filed his nomination papers for the preeident's and a vicepresident's poet in the party's election this weekend. Datuk Dr Neo submitted his papers'at the
    Bernama  -  506 words
  • Article
    BT Top 100 continued
    167 1 THE POSITIVE EFFECTS of the one-year-old bull market have yet to be reflected in the balance aheets of the Top 100 companiee. This is evident in BT's latest half-year rankings of the Top 100 companies listed on the Stock Exchange of Singapore based on shareholders' funds.
    167 words
  • Article
    Lock icon Bank Negara comes up with DTC rescue plan
    409 1 Bernama MORE THAN HALF a million depositors with about MSI.4 billion trapped in 24 beleaguered de-posit-taking cooperative (DTCs) will get a ringgit-tor-ringgit refund under a reecue package announced by the Malaysian central bank yesterday. The DTCs' assets were frozen by Bank Negara
    Bernama  -  409 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      100 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM ■■I ■Sony's New Portable Video Projector Now w Now with a 50% Improvement In Brightness and Resolution Sony brighten your business presentation with improved technology, giving razor sharp clarity to all screen images. Ease of operation on desk top, ceiling mount or floor; on
      100 words
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      Page 1 Advertisements Column 2
      293 1 Bank changes tack THE ECONOMIC RECESSION in the past two years has changed the view of many bankers in Singapore. Foreign banks, for instance, are putting greater emphasis on market activities as well as more specialised activities where they have a competitive edge over local banks. See Page 10 for
      293 words
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      Page 1 Advertisements Column 3
      47 1 {=']!,]<;,}&!,!~.,?:^$,\,>'$/!- Cartier f &:wm& V. s 0 M, :H V n K v \««w «^tr1\ fi m 1ii1Li1.,.,.Ui V 'I'.'i r ,•:< Sanlto/ de Cartier BOUTIQUES ky mu/f de Cartier fcr« #01 -36, Lucky Plaza, 304 Orchard Road. Tel: *****27. #01-04, Hiton Shopping Geiery, 581 Orchard Road. Tel: *****96.
      47 words
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      Page 1 Advertisements Column 4
      34 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM "+&>].'@&[((@!:+*)%){:){<@",</\ Bmmuuhu A|||l ihaaL |g| economy rail WW m tpnv of baiter flguraa, Back Pag* Shipping Times comet as a separate section today. Make sure you get your copy.
      34 words
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      464 2 When you consider the size and variety of the financial risks that almost every large company has had to manage, it's a tribute to their treasurers that any companies survived at all let alone emerged successful. With a blend of science, creativity and (occasionally) crossed fingers, company You're producing great
      464 words
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  • HOME NEWS
    • Article
      'Accountancy school could become industry centre'
      408 3 BESIDES producing accountants, the School of Accountancy could become an industry centre where companies with tax, accounting, or financial management problems may turn to for advice, suggested Mr Michael Fam, chairman of the Nanyang Technological Institute council. The school, now a part of NTt,
      408 words
    • Article
      There is a time for everything
      164 3 UNDERGRADUATES were told yesterday to strike a balance between work and play. Welcoming students to the National University of Singapore yesterday, vice-chancellor Professor Lim Pin said: "As undergraduates. there is the danger of veering to one or the other extreme without realising it. "There
      164 words
    • Article
      Organ Transplant Act in effect on July 16
      189 3 THE Human Organ Transplant Act comes into effect on July 16, but no kidneys will be removed for transplant under this law for six months from this date. Under the Act, which was passed by Parliament in May, the kidneys of those
      189 words
    • Article
      Travel exchange fair
      163 3 TRAVEL AND HOTEL 87. an international Asian-Pa-cific travel and hotel exchange fair, will be held at the Hyatt Regency from July 16 to 19. The exhibition seeks to encourage regional and international travel as well as help build up business contacts. Those taking part in the travel
      163 words
    • Article
      Corrections and clarifications
      59 3 IN THE BT ARTICLE "TDB forms panel to help companies expand overseas" (July 2), Mr George Abraham, chairman of the Committee for Development of International Marketing Expertise, was described as the exec- utive-director of the Singapore Federation of Chambers of Commerce and Industry. He is in fact
      59 words
    • Article, Illustration
      Brascotres sets up office in Singapore
      151 3 A REPRESENTATIVE office of Brascotres Ltd. a Swiss trading company, was set up in Singapore a fortnight ago. Mr Heinz Rohrer, 36, (above) the managing director of its local office. Brascotres Ltd (based in Basel) at International Building, told BT that the company will
      151 words
    • Article
      Economic ministers to meet
      484 3  -  Proposals on how to strengthen Asean economic ties to be discussed By LOH HUI YIN SENIOR ASEAN OFFICIALS are meeting in Singapore to prepare for this week's meeting of their economic ministers. The Asean Economic Ministers meeting will have a significant bearing on the year-end summit
      484 words
    • Article
      Employment service reaches out to smaller companies
      413 3 THE LABOUR MINISTRY'S Employment Service knocked on more doors last year looking for jobs. In the effort to build up its job register, the unit reached out to even the small new companies, says the ministry in its 1966 annual report. It used
      413 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      49 3 p NATIONAL I NI\KKSIT\ <)l SINCiAI'OKi: Public Lectures by SIR ZELMAN COWEN Lee Kuan Yew Distinguished Visitor Topic ki I: W m ll'i Part I Tuesday, 14 July 1987 Part II Tuesday, 21 July 1987 Venue: Lecture Theatre 13, Kent Ridge. Time: 6.00 pm For Enquiries, Please Call: *****39,*****03
      49 words
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      Page 3 Advertisements Column 2
      405 3 m K I M /✓7S f. if**' «l ■p* •-w f J s f pm»? zm !U I <* -•>- If jr.* i'i -*I i -^r •fC* 4 •J r> ■>- -S r mmt j V VI angiin Park Phase I. A runaway bestseller exceeding all expectations, with more than
      405 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Aussie parties enter last week of campaigning
      420 4 Economy the main issue Reuter AUSTRALIA'S ruling Labour Party entered the last week of campaigning yesterday warning of economic doom if the conservative opposition wins Saturday's general elections. Prime Minister Bob Hawke said the opposition Liberal and National parties, which broke off their
      Reuter  -  420 words
    • Article
      Lock icon Japan embarrassed by trade with S Africa
      396 4 Reuter AS WESTERN SANCTIONS take hold. Japan is poised to supplant the US as South Africa's biggest trading partner. Japan's two-way trade with South Africa last year surged 25 per cent to US$3.6O billion while US/South African trade hit by anti-apartheid sanctions dedined
      Reuter  -  396 words
    • Article, Illustration
      Commodity-rich nations urged to boost research
      337 4 DATUK SERI Dr Mahathir Mohamad has called on commodityproducing countries to invest more in research and to work collectively to raise the uee of raw materials in the world market. The Prime Minister said theee countries should jointly undertake a campaign to enhance the
      337 words
    • Article
      Lock icon Japanese set to profit from superconductors
      511 4 AFP WHILE SCIENTISTS around the world are racing to develop a useable generation of superconductors, profit-minded Japanese are already marketing everyday applications for the revolutionary new technology. "The idea is to supply practical and innovative application blueprints to small and mediumsized companies which don't
      AFP  -  511 words
    • Article
      Lock icon Roh emerges in strong position to challenge presidency
      690 4 AFP AP RULING PARTY LEADER Roh Tae-Woo, whose nomination last month to succeed President Chun Doo-Hwan ignited a wave of rioting in South Korea, appears determined to win the presidency anyway. Many South Koreans feel chances are good for the 56-year-old retired
      AFP; AP  -  690 words
    • Article
      Lock icon 23 cities in China have over 1 m people
      116 4 AP CHINA has 23 cities with populations of mors than one million. Statistics released by the Ministry of Public Security on Sunday show that Shanghai, with 7.102 million people living in the city centre, is China's largest city. The capital, Beijing,
      AP  -  116 words
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      Page 4 Advertisements Column 1
      90 4 Leader... Page 10 r faS*'< r/; TWO ASTONISHING DISCOVERIES WHILE LUNCHING AT MAXIM'S. ig& bOO L*~ v.^ w SeV^ V)«^.- !>**' r~TT TTI At Maxim's, you'll discover our set menus are setting an enviable standard. Not to mention our daily Plat du Jour special for just $20+ >» r y
      90 words
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      Page 4 Advertisements Column 2
      106 4 mi GOLF f HOLIDAY B\ 3DAYS/ 2NIGHTS fl s~\ FROM $699 1/ -q MTwin-Sharmg) Just imagine... Golfing this weekend on a course set in the Crater of an extinct Volcano 3700 feet above 9ealevel. Jet away to Bali Handara to 100 hectares of gently sloping greens and fairways. Located beneath
      106 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      68 4 Doonesbury me CONTRA CHAIN OF COMMAND. I JUST GOT THE FTeU) REPORT! i 5? wm 'M c. *12 fi «S M 31 We ■Id Va it V.. 9G& 5^ i ti Ta 'Ml BY GARRY TRUDEAU w\* we've been hmm...geta ORDEREPTO ME9SAGETO ATTACK'. TEGUCIGALPA. I UEXLNEEP AUTHORIZATION! i!Li 1 r
      68 words
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  • REST OF THE WORLD
    • Article
      Lock icon African summit to focus on economic recovery
      265 5 Reuter A WIDE-RANGING economic recovery programme and propoeals for a substantial injection of fresh capital are expected to dominate this week's summit of the Economic Community of West African States (Ecowas). The three-day summit, beginning in Nigeria's inland capital Abuja today, will discuss
      Reuter  -  265 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      897 5 ARRIVALS Operator number Local flmo From SU SQ1I 0045 LAX/N8T CAL 0341 0155 TPE JAL J1617 0215 TYO FT FT75 0316 IAH/OtD/ANC/ NIT/MNL/TPE CA1 0333 0405 tpe G4A GA7204 0645 HLP G4A GA7104 0805 HLP MAS MH681 0620 KUL SV SV398 0635 JED/tUH PEN MAS MH811 0910
      897 words
    • Article
      Lock icon Gulf states starting to climb out of recession
      366 5 Reuter GULF STATES, after mors than four years of economic slowdown, are starting to climb out of recession and may see a sharp resurgence in the *****. Gulf International Bank (GIB) economist Henry Azzam said yeeterday: "By the 1990s the world may
      Reuter  -  366 words
    • Article
      Lock icon White group may visit African states after ANC talks
      272 5 Reuter FIFTY prominent whit* South African liberals will visit Burkina Faso and Ghana after planned talks this week with exiled members of the African National Congress (ANC) in Senegal, published reports in Johannesburg said on Sunday. A meeting with Ivory Coast
      Reuter  -  272 words
    • Article
      Lock icon Bolivia planning US$l.lb investment programme
      152 5 AFP FINANCE Minister Juan Cariaga announced on Sunday the launch of a US$l.l billion government investment programme aimed at reviving Bolivia's ailing economy. The programme, oppoeed by at least one Cabinet minister, waa scheduled to be formally introduced by executive order yesterday, the minister said.
      AFP  -  152 words
    • Article
      Lock icon Apology from Tanzania
      54 5 Reuter TANZANIA has apologised to its Arab creditors for failing to repay development loans on time. The official news agency Shihata yesterday quoted Finance Minister Cleopa Msuya as telling a visiting delegation of Arab aid groups: "We really feel embarraaaed to fail to honour our debts within
      Reuter  -  54 words
    • Article
      Lock icon Survey shows slower US growth in June
      461 5 Increases in production, orders and employment NYT THE US industrial economy continued to expand in June, with increases in production, orders and employment, but the overall rate of growth was slower than in the previous two months, the National Association of Purchasing Managers
      NYT  -  461 words
    • Article
      Lock icon How do you know how much work is too much?
      540 5 Reuter YOUR BOSS might want you to work more. Your doctor may not But the question of how much work is too much work is not as clear as might be expected whether from the point of view of whet
      Reuter  -  540 words
    • Article
      Lock icon Soviet adviser underlines role of efficiency
      180 5 Reuter A SENIOR ADVISER to Soviet leader Mikhail Gorbachev said efficiency was now the most important criterion within the Soviet economy. Leonid Abalkin, a leading member of the Academy of Economic Sciences of the Communist Party Central Committee, told the Weat German news magazine
      Reuter  -  180 words
    • Article
      Lock icon IEA expects no rise in second quarter OECD oil use
      248 5 Reuter OIL CONSUMPTION in OECO countries is likely to show almost no change year-on-year in the second quarter of this year, after a 1.9 per cent rise in the first quarter compared with the same 1966 period, the International Energy
      Reuter  -  248 words
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      Page 5 Advertisements Column 1
      97 5 fI U J W \l\ If Ila The business person's choice, every I I II I II 1 Tuesday. Thursday. Saturday and I 1 I \l II Sunday. Leaving Changi Airport at -L VVyl 1 A 22:05 hours and arriving at Lester B. Pearson International Airport the following day. Call
      97 words
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      Page 5 Advertisements Column 2
      182 5 iiwi I :i n M V Today, the challenge is not just to get on top of the competition but to stay on top. Which is why a move into one of the top ten floors in prestigious OUB Centre, One Raffles Place, Asia's tallest building, makes good business sense.
      182 words
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  • COMMODITIES
    • Article
      Lock icon US ban on uranium from South Africa
      289 6 UPI A TEMPORARY RULE permitting imports of uranium ore and uranium oxide from South Africa into the US was allowed to expire last Thursday and will not be revived. The announcement is likely to have the most impact domestically in Paducah, Kentucky, where
      UPI  -  289 words
    • Article
      Lock icon Aluminium price expected to be higher this year
      227 6 AFP LONDON Metal Exchange standard aluminium will average 60 US cents per pound in 1967 for cash metal against 52.2 in 1966, an increase of 15 per cent international analysts Shearson Lehman Brothers predicted in their latest quarterly report. By mid-May this
      AFP  -  227 words
    • Article
      Oil and Products
      77 6 PETROLEUM products were firm, with the exception of naphtha. C+ F Japan August naphtha cargoes were talked at low levels, on limited end-user buying interest. Crude Dubai (Aug] WM T**o» (FOB origin USS/borrvJ 1 17.40 anno* 0.02 WT1 (Aug) flnnrt Products (FOB S'pore) US$/barral Chang* GOMT'* low
      77 words
    • Article
      Palm Oil
      262 6 Crude palm oil futures closed marginally easier in moderate trading at the Kuala Lumpur Commodity Exchange yesterday. Dealers said the market was bearish, reacting to the campaign against the use of palm oil by certain countries. Spot month July fell MsB to Ms73B a tonne while August dropped
      262 words
    • Article
      Rubber
      159 6 SMGAPORE The Singapore rubber market closed higher yesterday. August One RSS finished the day at 220.50, two cents higher from Friday's close. MALAYSIA The rubber market also closed higher in Malaysia yesterday. August Int One RSS finished the day at 261.00, up 2.50 cents from Friday. TOKYO Rubber futures
      159 words
    • Article
      RAS and MRELB
      285 6 RAS prices mtc MMg, FOB In bait NOON CLOSE Buyon SoNort Buyor* 5eHen tot 1 RSS Prompt 223.00 224.00N 222JO 223J0N tot 1 RSS Aug 87 221.00 222.00 220JO 221 JO tot 1 RSS Sop ***** 221.00 219 JO 220J0 tot 2 RSS Of 214.00 216.00N 213J0
      285 words
    • Article
      KL Tin
      86 6 THE KUALA LUMPUH Hn pctea row on* Malaysian cent from last Friday's doss to M$lM6 a kilo In a won, quiti tracing union. The rteo was due to strong demand of 104 tonnee at the ootnlno orico on curronev factors iwhllo »>llin oWored only SI tonnoa. Final turnover
      86 words
    • Article
      SSR and SMR
      79 6 (canti/kg, 1-ton pc*»w) AUGUST 87 SEPTEMBER 87 (current month) (forwar d month) RAS NOON NOON Iwyafl Srim lvy«n 1 SS« 20 190-50 192 JON 189.50 191.50N SSI 50 1I9M 190.00N 1 S8.00 109.OON SMI cv 272.50 274J0N 273.50 275-50N SMI I 272.00 274.00N 27X00 275.00N SMI 5
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    • Article
      Lock icon Johor studying gold potential
      126 6 Bernama THE POTENTIAL of gold doposits in sovorsl areas in Johor is being identified, according to the Regent of Johor yesterday. The areas are Jementah, Qunung Ledang and the areas of Sungai Dohol and Sungai Papan in Mersing. Opening the state assembly session in Johor Bahru.
      Bernama  -  126 words
    • Article
      Produce Prices
      220 6 ChlrwM Produce Palm kernel oil Exchange (FOB M$/100kg) ki bdk (local) 99.00 S#Mers' noon dorino pi My 6 (SI/100 kg) Coconut oil rtcM on Cocoa (FOB MS/m) Bagan Datok 4,100j00 M FOB 97JOO locnoNi 4,***** OW drum FOt 107XX) StloRQor 3.950J00 Now drum FOB 111.00 Bate Wwi 3,*****
      220 words
    • Article
      Precious Metals
      195 6 TOKYO: YEN-DENOMINATED gold futures closed up eight to 16 yen per gram on shortcovering snd small-lot fresh buying by private investors snd speculetors due to the dollar's strength against the yen. International bullion was U*****.40/90 an ounce against the opening U*****.60/3.10, and the U*****.2(V70 finish in New York
      195 words
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      Page 6 Advertisements Column 1
      237 6 ssSe l: \\> y 120 X 100 140 80 160 "■**6o 0 0 5 0 C 0 —40 200 X 20 70 80 V •v 220 V *<3 W r 1 fr->* f*V > K Yxir Mercedes-Benz can now gos,oookm for just $78. Cycle it Carriage Industries (1986) Pte. Limited
      237 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon Garcia freezes exchange rate, raises wages
      534 7 AP PRESIDENT Alan Garcia has halted devaluations of the Peruvian currency and announced large wage increases in an effort to maintain the current economic expansion. In a nationwide television address on Sunday. Garcia said he would continue the consumeroriented recovery programme that brought 8.9
      AP  -  534 words
    • Article
      Lock icon Arab banks plan to set up institute
      166 7 Reuter THE BEIRUT-BASED Union of Arab Banks (UAB) said the response from bankers in Qatar to a plan to set up an Arab Institute for advanced banking studies had been positive. Anwar al-Khalil, heading a UAB delegation to Qatar, told a news conference
      Reuter  -  166 words
    • Article
      Lock icon Italian T-bill yields likely to rise
      181 7 Reuter THE ITALIAN Treasury will offer 4,250 billion lire of short-term bills at its mid-month auction at higher yields than the preceding end-June issue. Three-month bills worth 1,500 billion lire will be offered at a base price of 97.30 per cent for an effective
      Reuter  -  181 words
    • Article
      Lock icon Taiwan raises forex reserves
      166 7 Reuter TAIWAN has increased its yen and mark foreign exchange reserves due to the weakness of the US dollar, a central bank official said. Reserves totalled the equivalent of US$6O.2 billion at endMay, up from about US$29 billion a year earlier, he said. However, the US
      Reuter  -  166 words
    • Article
      Lock icon US moves a step nearer to closing troubled thrifts
      409 7 Reuter THE DAY OF RECKONING for financially weak savings and loan institutions has moved nearer with a congressional committee's approval of a plan to rescue the insolvent US Federal Savings and Loan Insurance Corporation (FSLIC). But the US$B.5-billion recapitalisation of FSLIC,
      Reuter  -  409 words
    • Article
      Union Bank of Finland to open offshore branch
      347 7  -  Opening will not affect merchant bank subsidiary By SOH HANG KENG Financial Correspondent FINLAND'S oldest and largest commercial bank, Union Bank of Finland (ÜBF), with total assets of about US$22 billion will open an offshore branch in Singapore in October. The Singapore
      347 words
    • Article
      Lock icon Fed policy unlikely to change as Volcker chairs his last meeting
      643 7 Reuter AFTER EIGHT years as US Federal Reserve chairman, Paul Volcker presides this week over his last meeting in the central bank's main policy-making body, a session economists expect to be a relatively quiet affair with no imminent changes
      Reuter  -  643 words
    • Article
      Lock icon East Germany Imposes curbs
      117 7 AFP STRINGENT currency restrictions have been imposed on East Germans travelling to West Germany. The daily Frankfurter Rundschau said last Saturday that East Germsns, who were previously allowed to spend 70 Deutschemarks (US$3l) each day they spent in the West will now be limited to 15
      AFP  -  117 words
    • Article
      Lock icon Bank of the future shown to bankers
      560 7 UPI NOTHING LESS than the bank of the future was on display at a recent hightech conference in San Francisco. Heat-sensitive automatic teller machines that operate at the touch of a finger on a screen, software that can mimic human decisions and robot
      UPI  -  560 words
    • Article
      Government securities market
      87 7 Treasury bills Period Issue Yesterday's dosing Day's code Maturity K) OFFR KIGH LOW 3 iwomhi BQ*****Z 01.10.87 3.06 2.98 3.02 2.95 6 mm din RS*****F 24.1287 3.13 3.03 3.15 306 1 for IY*****S 30.0&88 3.18 3.08 3.17 3J09 Government notes and bonds Period Issue Maturity Coupon Yesterday's
      87 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      128 7 THE FEDERAL SINGAPORE HOTEL For Sale By Tender m 1 i SCOTTS Shaw Shaw House centre Fede The nOA 0 Singapore l=nfsi Goodwood Park Hotel Environment Building The Federal Singapore, a newly-completed, high quality-finished 255-room deluxe hotel built on freehold land on Scotts Road. Facilities include restaurant, coffee house, bar
      128 words
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      Page 7 Advertisements Column 2
      120 7 YOURS WITH EVERY HOME LOAN Looking for an attractive home loan? About to finalise one? Or have you just signed up already? Then come to Citibank—for an unbeatable free cash bonus! Well give you $5000 in cash if you take a loan of $200,000 with us.* Limited offer! Ist 100
      120 words
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  • MONEY AND EXCHANGES
    • Article, Illustration
      Work! interest rates
      183 8 Indicates the mragi of tht prim* lending ntss of 12 ma|or banks in Singapore I i at®§ (offer/bid) on July 6 usi DM SWFC Y«n 7 13/1*— 11/1* t 9/1* 3/1* 3 11/1* —9/1* 3—13/4 s i/a s/t 1 aft IS/1* 13/1* 1/4 1/« 3 3/4 3/»
      183 words
    • Article
      Asian $ market
      191 8 Asian market ASIAN DOLLAR deposit rates yesterdsy closed steady at slightly lower opening levels in quiet trading. Interbank Otpofn riivf us$ orm mo 7 days 6 13/16 6 11/16 1 month 6 7/8 6 3/4 2 momh« 6 19/16 6 13/16 3 —<■ 7 6 7/S 6 momh> 7 3/16
      191 words
    • Article
      Money markets
      66 8 THE OVERNIGHT rate on the Singapore interbank market fell two points from Friday to end at 4 per cent yesterday. The one-month term rate fell 1/16 point as did two-months and threemonths. S$ Interbank rates at 7pm yesterday: om MO Overnight 4 3 1/2 1 -month 4 5/16
      66 words
    • Article
      Forex markets
      928 8 SINGAPORE: THE US dollar closed firmer against most major currencies at 3 pm yesterday. Against the Singapore dollar, it closed higher at 2.1235/45 in thin trading. It traded within a range of 2.1230 and 2.1255 after opening at 2.1230/40. Against the Deutschemark, the US dollar opened at 1.8400/10
      928 words
    • Article
      Simex/IMM
      391 8 SEPTEMBER Eurodollar opened 5 ticks higher than Friday's cloee at 82.89 and traded higher on a firmer US dollar and carryover bullish sentiment It clooed at 82.87, up 3 ticks. US Treasury-bond futures edged higher. September bond closed 13 ticks higher at 83.06 in quiet trading. September DM closed
      391 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      380 8 The Government Securities Market table Is on Page 7 THE NEW BMW 735 i COSTS $222,000. (AND NO, IT DOESN'T COME FTTTT WHEEL OR PLATINUM BUMPERS.) If® II0|)0 WO uiHi uvvnj iw nnlUl UT VI WW! IllUIIIIVf• But wo had to fact tho rouKty that tho now BMW 7351 adroamcar.
      380 words
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  • Article
    BT TOP 100 BY SHAREHOLDERS' FUNDS ranking as a, June 30, 1987
    1833 9  -  Compiled by JULIANA TAY NOTES (S) incorporated in Singapore. (M) Incorporated in Malaysia. (UK) Incorporated in the UK. AA Not ranked last year. F First year of listing. L loss. NBt All banks' consolidated assets exclude customers' liabilities.
    1,833 words
  • Article
    Fifteen companies achieve double-digit return on equity
    821 9  -  By HOMER CHEN THERE HAS BEEN little change in the ranking of the Top 100 corporations listed on the Stock Exchange of Singapore based on shareholders' funds compared with a similar ranking six months ago. The latest ranking shows that 15 companies managed
    821 words
  • Article
    RESULTS DUE
    228 9 LAST FULL YEAR Company NfM Dot* Toar NM EPS Grom Not announced •ndlng (cann) dtv profit la* year ($-000) Fed Cablet Interim Jun 87 6 1751 (i) S J Amol Interim Dec 19 Mar 86 73 527 Malayawota Interim Dec II Mar 87 30.4931 Minebea Tatek Cement Final
    228 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      43 9 Hotels Worldwide Call Kuala Lumpur Bangkok Hong Kong Fiji Sydney Melbourne New York City Chicago Auckland Dusseldorf Okinawa Beverly Hills OPENING 1989 Taipei Djakarta Istanbul REGENT INTERNATIONAL HOTELS Sales Reservations Office: 230 Orchard Road #07-230 Faber House, Singapore 0923. Tlx: REGTEL RS *****.
      43 words
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      Page 9 Advertisements Column 2
      79 9 Vrine Relish in an assortment of delectable dishes as you embark on a gastronomic journey along the Rhine. Authentic and sumptuous dishes from the Rhineland are served at the Baron's Table. For lunch and dinner from July 7 to July 26. A must for every gourmet. The usual a la
      79 words
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  • PERSPECTIVE
    • Article
      Research should pay dividends
      497 10 FEW PEOPLE talk about trying to set up a new world economic order these days. That's not because Third World countries have given up trying to catch up with the developed world. Try they still do, but with a healthy dose of pragmatism. It's a reflection
      497 words
    • Article, Illustration
      New direction for an old-timer
      1393 10  -  Banque Indosuez, the only French bank with a full banking licence in Singapore, is likely to fare better this year. It has redefined its strategies to focus on areas in which it has a competitive edge, says Jean-Jacques Picard, general manager of the Singapore branch.
      1,393 words
    • Article, Illustration
      Lock icon Ten years down the road, Zia's still calling the shots
      638 11 Pakistani ruler thriving on divisions within opposition AFP AFTER 10 YEARS in power, Pakistani President Mohammed Zia Ul-Haq faces ethnic and sectarian problems, sconomic pressures and border tensions, but no immediate threat to his position. Observers analysing his 10 years
      AFP  -  638 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      215 10 ;V--v/y VTH < mTERriEPcon SEmiCOnDUCTOR inTERDfiTIOnPL o o MALAYSIA 22 -25 |uly 1987 Putra World Trade Centre Kuala Lumpur. Malaysia Creating a dynamic business environment for the Electronics Industry Internepcon/Semiconductor International Malaysia '87 focuses on the dynamic Malaysian electronics industry. It includes an exhibition on the latest equipment, components, materials
      215 words
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      Page 10 Advertisements Column 2
      10 10 M anagers ust anage BT shows you how every Monday.
      10 words
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      Page 10 Advertisements Column 3
      56 10 wi*rtii*{iiiil»3»i*tMii SWOODS from: £63 per wk CAR RENTAL Unlimited mileage inclusive VAT Over 20 year's experience Fleet size 1,000 vehicles, all less than one-year old Best service at competitive prices Also available self-drive holidays (car hotels) in UK. ANGLO FRENCH TRAVEL SCENIC TRAVEL #10-03 Asia Chambers. #01-02, 110 KHney Road,
      56 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      697 10 DIDN'T NjOU S€£.THPO" LOOK THG GCRGeOUS MISS Ffcerry sgr icuagNifiPHOMg, Gpve mefp 1 TWivJKr TiHe SQUIRTfaG BOTTOMMOie f\NO rue u)HooPte CUSHOH LJWS f\ RIDICULOUS Dea U4TH£ FIRST PLACPI RnStcW: Fianit Ju±er£ CMeeR oP, BR i STQU) MOU) CPvKI I I DID BMP FfcAMKLy I'm NOT SURPRISED.. :¥i 11 HI CRYPTIC
      697 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      496 11 enabled us to build better, more affordable machines. From home computers like the ACER 500 and the world's fastest 8088 PC-the ACER 710 to the revolutionary *****based ACER 1100. So check out the ACER 910. You'd be surprised what big returns such small stakes bring. When it's a choice between
      496 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1242 11 V Datora Winger and Mark Kayfoun star aa two long lost lovara whoaa raunlon comaa to a tragic and TUESOAY PREMIERE Mike's Murdar 10.56pm, Channal 5 A young lady's joyous reunion with her long lost tennis-coach boyfriend Mike is short-lived when he is murdered under mysterious circumstances. Puzzled by his
      1,242 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Langer wins Irish Open by 10 shots
      314 12 Reuter BERNHARD LANGER completed the perfect preparation for his assault on the British Open golf championship in two weeks by romping to a 10-stroke triumph in the Irish Open on Sunday. Records fell as the West German played what he rated some of
      Reuter  -  314 words
    • Article
      Lock icon Geddes beats Taylor to clinch Jamie Farr Toledo Classic title
      283 12 UPI JANE GEDOES fired a five-un-der-par 67 on Sunday to overtake Nancy Taylor, who had led for the first three rounds, and capture the U*****,000 Jamie Farr Toledo Classic. Geddes finished with a fourday total of eight-under-par 280. She entered
      UPI  -  283 words
    • Article
      Lock icon Canadian Open: Strange victory
      102 12 Reuter AMERICAN Curtis Strange won the Canadian Open on Sunday and with it US$lOB,OOO as he notched his 10th career victory. Strange shot a final round of three-under-par 69 at the Glen Abbey Golf Club for a total of 12-under-par 278 and a threestroke victory. It
      Reuter  -  102 words
    • Article
      Lock icon Coach proves them wrong
      514 13 |VVM M B LE D vV N! |P<S7 Reuter LAN BARCLAY, coach to Wimbledon's new men's champion, said on Sunday he was once told "I would never make a tennis player out of Pat Cash". Barclay, speaking soon after Cash had lifted the Wimbledon trophy in
      Reuter  -  514 words
    • Article, Illustration
      Lock icon Cash realises his dream with brilliant play
      854 13 NYT HE IS A ROGUE among tennis players, dashing in his familiar checked bandana, blunt to a fault, looking forward, he said, to the day when he will sit with his friends in a neighborhood pub. telling stories, getting fat on beer. But
      NYT  -  854 words
    • Article
      Putra Cup team likely to be placed fifth
      360 13  -  By WALTON MORAIS ONE HOUR after he arrived in Jakarta, Douglas Ooi was sounding a cautious note about Singapore's chances in the Putra Cup international golf team championship beginning on Thursday. The veteran of the team, making a comeback to international competition
      360 words
    • Article
      Lock icon Stars and Stripes defeated by Steak 'N' Kidney
      144 13 Reuter THE INADEQUACIES of America's Cup winner Stars and Stripes in light winds were glaringly obvious on Sunday as it was crushed by Australia's Steak 'N' Kidney in the matchrace semi-finals of the World 12-metre Yachting Championship. San Diego skipper Dennis Conner
      Reuter  -  144 words
    • Article, Illustration
      Lock icon That daring move on the curve
      395 13 AP BRITAIN'S Nigel Mansell broke out of his slump, winning the French Grand Prix after making a daring move on a curve. Prior to the race on Sunday, the Briton had the pole position for three straight Grand Prix races Belgium, Monaco and Detroit.
      AP  -  395 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      784 12 Seconds are FREE and all bottle sales enjoy a 30% discount WT'wm RAMON. ex-Blackjack lead singer, entertains with his rich, mellow songs during HAPPY HOUR from spm 7 pm. 4 After Happy Hour, two of I the city's hottest bands. NEU FACES and CLASSIC, rave non stop throughout the night.
      784 words
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      Page 12 Advertisements Column 2
      187 12 Live at the 11 n i i o i More than 20 years after her smash hit, The Wedding, the calls for an encore keep coming. Showtime: Sun to Thur 11.15 pm;Fri& Sat 11.45 pm. Also appearing: Perry De Guzman Band from Manila and Via or Khoo Productions' disc jockeys.
      187 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      284 13 3 Ss J J Why Pepper Steak's a hot favourite Prepared with the best Prime U.S. Sirloin of Beef and priced at $1950, it comes with a piquant pepper sauce, double-baked potatoes, grilled tomato and a green garden salad. Ifs a dinner that has all the makings of a hot
      284 words
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      Page 13 Advertisements Column 2
      182 13 Serving traditional Japanese delicacies and favourites. Including tempura, teppanyaki, sushi and sashimi In an inviting and contemporary setting. 3rd Floor, Westin Plaza. For reservations, call 338 8585 ext. ***** or 330 8310. The WtsnN Plaza Raffles City 2 Stamford Road, Singapore (1617. WfcSTIN Hotels Resorts THE FEOTLE AND PLACES OF
      182 words
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      Page 13 Advertisements Column 3
      189 13 MIZUNO. THE WORLDS BIGGEST SELLING GOLF CLUBS. Oitpon oyrpor Astran clubs are made to suit many f levels of golfers, especially those in the mid to high ■j^^^HAfjpP handicap range. The clubs are weighted progressively from the toe in the long irons toward the heel in the shorter irons. This
      189 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      62 13 Play golf the Sewy way Always take a clua w/th rlehty of LOFT OA/ SHOTS FROM 7Wf ROUGH THE F/RST PR/ORfTY /S TO GET BACK OH TO THE FA/RWAY— REMEMBER fT/S VERY &/FF/CULT TV GET MUCH AACK—SF/H OH THESE SHOTS... A FIVE l /ROH FROM THE I ROUGH MAY ROLL
      62 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Finance and blue-chip counters lead upsurge
      4195 14 SHARE PRICES roaa across ths board in activa trading aa ths two wask-toog rally continusd on ths Singapors stock markst ysstsrday. Ths Straits Timsa Industrial Indsx gsinsd 28.87 points to closs at an all-tims high of 1,316.15, surpsssing ths msrkst's bast sxpsctationa. Ths BT
      4,195 words
    • Article
      Chief price changes
      214 14 SINGAPORE Rises 1 ndlcM *+r 3 119U3 103 -9900 -9974 *****90 13VJO *****7 039-99 400.91 ***** 31 17j03 ***** Ml 44 49QuM Mty PAN 13» <:■**■!» AM OCIC 1000 M MO Hm fcaa 70S DBS 1470 Partnwry H 90* 39* out 9*9 Pwfc»a> Wrd 303 PMII 90#
      214 words
    • Article
      Business done on the SES
      4213 14 SECTION ONE rnwAiMiii Aoaa 0.44» M 7) 235 (69 234 m 257 UO 23* MO 231 (132 2.40 14*1 241 (171 2.42 19 2.41 19 23* 9 2« IM 244 19 23» 09 246 17« 24* OS 247 00 243 AIM an SI Aml M
      4,213 words
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  • COMPANY NEWS
    • Article
      UIC raises stake in Brisbane gold mining company
      396 15  -  By ELAINE KOH UNITED INDUSTRIAL Corporation has raised its shareholding in Jason Mining Ltd, triggering speculation that UIC might be gearing up for another takeover bid of the Sydney-based gold mining company. UIC bought 745,000 shares at Asl.Bo in May and another
      396 words
    • Article
      South Malaysia Ind to pay M$25m for property company
      410 15  -  By ROSIE TAN PROPERTY-BASED South Malaysia Industries Berhad has entered into a conditional agreement to acquire a Malaysian property development company, Salinas Sdn Bhd, for Ms2s million. The proposed acquisition is subject to the approvals of SMI shareholders and the relevant
      410 words
    • Article, Illustration
      Lock icon MBf Holdings wins control of Emtex board
      792 15 NST MBf HOLDINGS headed by Datuk Loy Hean Heong has succeeded in taking control of the board of Emtex Corporation. At an extraordinary general meeting held in Kuala Lumpur yesterday, five Emtex directors resigned just before the meeting to make way for the
      NST  -  792 words
    • Article
      Inter Park subscribes for 10m JC-MPH shares
      210 15 INTER PARK Ltd, a member of the Jack Chia-MPH group, has subscribed for cash, 10 million shares, in JC-MPH at $1.34 each. The subscription by InterPark, a wholly-owned subsidiary of JCI Holdings (Singapore) Pte Ltd, was made under its Transferable Subscription Rights (TSR).
      210 words
    • Article
      COMPANY BRIEFS
      51 15 GEORGE KENT (M) Bhd's shareholders have adopted a resolution at an AGM that its directors be empowered to issues shares at any time and on terms at their absolute discretion, provided that the total number of shares issued does not exceed 10 per cent of the issued share
      51 words
    • Article
      Lock icon SES approves new Parkway shares' listing
      168 15 Bernama ES PROPERTY DEVELOPMENT group Parkway Holdings Ltd's new shares to be issued in connection with the takeover of Gleneagles Hospital has been given in-principle approval for listing and quotation by the Singapore Stock Exchange (SES). Standard Chartered Merchant Bank Asia Ltd said in
      Bernama ES  -  168 words
    • Article, Illustration
      Robert Kuok pays M$27m for 30 per cent of PMRI
      653 15  -  Tycoon's second recent major deal with Khoo Kay Peng By AMY BALAN SUGAR KING Robert Kuok Hock Nien has bought into another company of the Malayan United Industries (MUI) group headed by Datuk Khoo Kay Peng. It was reliably learnt
      653 words
    • Article
      Lock icon Sime Shield seeking control of United Asia Re
      460 15 MBT SIME SHIELD INVESTMENT Holdings, Sime Darby's insurance arm in Singapore, is negotiating to buy a controlling stake in Singapore-based United Asia Reinsurance Corp (United Asia Re), say industry sources in Kuala Lumpur. United Asia Re was formed about seven years ago
      MBT  -  460 words
    • Article
      Lock icon Cold Storage Bhd rights issue approved
      202 15 Bernama ES COLD STORAGE Bhd has received approval from the Capital Issues Committee (CIC) for its proposed three-for-four rights issue of 35.25 million new ordinary shares of Msl.oo each at M 51.50 per share. Cold Storage said in a statement yesterday that shareholders holding
      Bernama ES  -  202 words
    • Article
      Lock icon Sungei Way group to launch township project by year-end
      509 15 MBT THE SUNGEI Way group will launch a lakeside townahip project comprising low-cost flats and medium-coat houses before the end of the year. The township, sited at Sungei Way, will have a 24-hectare lake for recreation. Sungei Way lies adjacent to
      MBT  -  509 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      324 15 AUSTRALIAN TOURIST RESORT for sale or partner to expand. Income plus profits. Write to: W. Robinson, c/o Century Park Sheraton Singapore, Room 521, 16 Nassim Hill, Singapore 1025, by 11 July 1987 or Box 38 Perth, Melville 6156, W. Australia, Tel: (09)339-5409 NOTICE IMB AUTOMOBILE SERVICE CENTRE PTE. LTD (incorporated
      324 words
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      Page 15 Advertisements Column 2
      262 15 V" A An International Conference AGRO-BASED FOOD INDUSTRIES 4 MALAYSIA New Technology, Now Developments ft Now Opportunities MNipi X 7 Kmy Paper* O Viable Projects Opportunities in Agro-based Food Industries in Malaysia O The Rubber Products Industry in Malaysia new trends and opportunities. O The Vegetable Fruit Industry in Malaysia
      262 words
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  • REGIONAL MARKETS
    • Article, Illustration
      Lock icon Taipei insurer looks to foreign securities
      471 16 Plans for a USsl29m portfolio AFP CATHAY LIFE Insurance Company plans to buy NT$4 billion (US$l29 million) of securities abroad following government measures to encourage such investment. A spokesman for the company, Taiwan's biggest life insurance firm, said authorities approved the project last year
      AFP  -  471 words
    • Article
      Bulls propel KL stocks higher
      3215 16 THE Kuala Lumpur stock market continued its upbeat performance for the third consecutive session yesterday with share prices spiralling to higher levels. Scattered double-digit gains were recorded across the board with some plantation stocks stealing the limelight. The strong buying support drove the 30-counter New
      3,215 words
    • Article
      Unit trusts
      253 16 Managers' prices MARA*Bumiputra for July 7 First B'putro 7.10 715 Singapore Unit Trust Socond B'putro Third B'putro 6J4 488 439 493 Th* Co*m*rc* MB 125 Fourth B'putro 574 581 Th* Savings Fund 1 OB »09 Filth B'putro 377 382 S'por* Prog Fund 0 48 0 53 Sijrttl B'putro
      253 words
    • Article
      Selected indices
      112 16 HONGKONG Hongkong Index Monday 2067 67 Friday 2079 78 Week ago 2046 44 Hang Seng Index Monday *****6 Friday 3206.84 Week ago 3151 96 All Industrials Monday ***** Friday ***** Week ogo 2599 2 NEW YORK Dow Jones Friday Closed Thursday *****0 Week ago 2436 86 TOKYO Nikkei
      112 words
    • Article
      Lock icon Mitsubishi to buy 80pc of meat co-op
      104 16 Reuter MITSUBISHI CORP plans to buy 80 per cent of Midcoast Cooperative Meat Society Ltd of Australia this month to slaughter cattle raised on a Mitsubishi-owned ranch in New South Wales. A company spokesman said the remaining 20 per cent of the co-op,
      Reuter  -  104 words
    • Article
      Lock icon Mitsui and C Itoh in aircraft deal
      83 16 Reuter MITSUI ANO CO Ltd and C Itoh and Co Ltd have signed a basic agreement with Bell Helicopter Textron Inc and Boeing Vertol Co to market in Japan an aircraft jointly developed by the US firms, Mitsui and Co aaid in a
      Reuter  -  83 words
    • Article
      Lock icon Toy maker plans listing
      39 16 Reuter GENERAL ELECTRONICS Ltd, a Hongkong-based electronic toy manufacturer, plans to list its sharea on the Hongkong Stock Exchange in earty August Arranger is CEF Capital Ltd while Jardine Fleming (Securities) is the co-ar-ranger. Reuter
      Reuter  -  39 words
    • Article
      Lock icon Toshiba's future in the US market looks bleak
      626 16 TOSHIBA FT THE FUTURE of Toshiba, Japan s second largest electricals group, is looking increasingly bleak aa a result of US anger over the illegal exports of machine tools to the Soviet Union by one of Its subsidiaries. "Everything is over for
      FT  -  626 words
    • Article
      Tokyo
      460 16 TOKYO: Share prices closed lower in listless trading yesterday, but up from early lows, as a weak bond market and uncertainty over the future of dollar/yen exchange rates prompted selling. The 225-share Nikkei Average fell 287.66 yen to 23,870.86 but had hit a low of 23,790.22 earlier. In Saturday's
      460 words
    • Article
      Hongkong
      397 16 HONGKONG: Share prices closed with pared gains yesterday, following late profit-taking focused mainly on the Cheung Kong group of companies. The Hang Seng Index gained 11.84 to 3,220.68 after reaching a high of 3,233 at midday. The Hongkong Index was up 7.89 at 2,087.87. Turnover totalled HK51.180.5 million. Brokers
      397 words
    • Article
      Manila
      79 16 JULY M moi Oriantai B 0 OS -0.546 ftpoji Minhj Phil Ovwm® PNtax B... 0.1S 0.S2 •0.05 -0.01 Angio PhH Apax Mining B Anas Con. B 0 027 0.1060 33 0 002 -0015 1 PtoooB. PLOT. 636 •10 Baguto Qotd Baaic Patroiaum Banguat Con. B... fl BBkII HI rl
      79 words
    • Article
      Taipei
      229 16 JULY M All ShK»m Indus Aala Camant NTS 4.0S 42.60 •0.06 -1.4 Kolln Kuochan Day Laa Chang Yuan 27 JO 31 JO St 40 -0.1 0.1 Cathay Cona 50.00 -3 Chang Hwa Bank. 76.00 1 Nan Yt Plat. 40 10 ♦02 Chang Loong 37.60 -0.2 37 00 -0.4 CMa
      229 words
    • Article
      Lock icon GE agrees to pay Taipower
      84 16 AFP GENERAL ELECTRIC of the United States it to pay the Taiwan Power Company (Taipower) US$75 million for parts replacements after a fire caused by a defective nuclear generator It designed. Under the agreement signed yesterday. General Electric (QE) will not compensate the state-run firm
      AFP  -  84 words
    • Article
      Lock icon Sydney
      389 16 Reuter SYDNEY: Share prices closed slightly lower on balance as early euphoria evaporated and profit-tak- i ing dominated the market. An early rise in Septem- ber share price index fu- tures helped fuel morning share price gains, but a sudden sharp drop in the September contract spark- ed off
      Reuter  -  389 words
    • Article
      Bangkok
      130 16 JULY MKT g Stem Camant 1301 -60 AoKtamTiMi 1« +4 *y qy Avudhvt IfWMlfTiML 396 4- 8 CiMML I«v4 W7 Stem CommwcW Bangkok Bank. 307 59 T5* BankOf Avudhvm 290 +12 Stam Food Producli. 781 -II 12 Thailand30 50 -0.28 ICMi Sinpkryo Furxl Da^ntaL.................... 217 -4 Sinptnyo Fund 37.25
      130 words
  • Page 16 Advertisements
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Operator of 7-Eleven chain plans to go private in US$5 billion transaction
      525 17 SOUTHLAND CORP. operator of the 7-Eleven convenience store chain, said members of its founding family would make the company private. Sources close to the company valued the transaction at US$5.l billion, since it would involve recapitalisation in addition
      525 words
    • Article
      Lock icon Siemens expects lower earnings in the current year
      432 17 Reuter SIEMENS AG expects world group profit to be lower in the current year to end-September than in 1965/86. This confirms a reduced net earnings forecast announced last Managing board chairman Karlheinz Kaske did not give a specific profit forecast but told
      Reuter  -  432 words
    • Article
      Lock icon Gilbert House to pay £143 m for Singer and Friedlander
      197 17 Reuter GILBERT HOUSE Investments PLC has agreed to pay £143 million for merchant bank Singer and Friedlander Holdings Ltd. The purchase will be through Gilbert House Buying Ancomass Ltd. Singer's holding company. Ancomass is, in turn, 91.6 per cent owned
      Reuter  -  197 words
    • Article
      Lock icon Dutch bourse lifts ban on publishers
      94 17 Reuter THE AMSTERDAM stock exchange has withdrawn its ban on trading in sharss, certificates and convertible bonds of. publishers Elsevier NV, Kluwer NV and Wolters Samsom Qroep NV. The ban waa imposed last Friday pending an announcement from Wolters Samsom and Kluwer that Wolters
      Reuter  -  94 words
    • Article, Illustration
      Lock icon Pace of Japanese takeovers in US below expectations
      1163 17 Many analysts have expected more NYT SO FAR THIS YEAR, in spite of several highly-publicised takeover attempts, Japanese companies are buying American companies at a pace no greater than last year's and slower than most acquisition analysts had expected. The US dollar
      NYT  -  1,163 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      15 17 ADVERTISEMENT WHkMiftmM&jMr-atzir'Btyr firigercN w WPB®&. i I i I m EXBCI7IIVE LIFESTYLE. SATURDAY. BUSINESS TIMES.
      15 words
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      Page 17 Advertisements Column 2
      70 17 This announcement appears as a matter of record only. FIRST PACIFIC J FIRST B-VCIFIC INTERNATIONAL LIMITED U5520,000,000 Loan Facility Provided by BNA—Bancs Nazionale dell' Agricoltura, Hong Kong Branch Christiania Bank, Singapore Branch Copenhagen Handetsbank A/S, Singapore Branch DnC Limited, Hong Kong Danish Finance (Asia) Ltd., Hong Kong FennoScandia Limited, London
      70 words
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      Page 17 Advertisements Column 3
      58 17 This announcement appears as a mailer of record only. FIRST PACIFIC. FIRST WCIFIC INTERNATIONAL LIMITED U553,750,000 Five-Year Standby Letter of Credit Facility to support the acquisition by its associated companies, Berii Jucker Philippines, Inc. and Berii Jucker Industries, Inc., of the Metro Group of companies in the Philippines Provided by
      58 words
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  • Article, Illustration
    Malays urged to gauge progress through time
    579 18 Inter-racial comparisons not the best measure, says PM MALAY Singaporeans should gat out of the psychological trap of comparing their progress with that of the other rscial groups, Prime Minister Lee Kusn Yew said in an interview with Berita Harlan. "It is better
    579 words
  • Article
    Lock icon Fiji's coup leader warns Indian workers
    126 18 AFP THE LEADER of Fiji's military coup warned Indian cane farmers and businessmen yesterday that thousands of Chinese were ready to replace them if they did not accept native Fijian rule. Colonel Sitiveni Rabuka led the May 14 coup which toppled the Indian-dominated government
    AFP  -  126 words
  • Article
    Lock icon Malaysian economy still weak in spite of better figures, says Daim
    362 18 Reuter Bernama MALAYSIAN Finance Miniater Daim Zainuddin said yeeterday that the economy waa still weak though its economic figuree for this year would be better than expected. Opening a pre-Budget meeting with commercial groups, trade unionists and academics in
    Reuter; Bernama  -  362 words
  • Article
    Lock icon Nakasone presents budget to boost economy
    336 18 Reuter JAPANESE Prime Minister Yasuhiro Nakasone yesterday presented a supplementary budget aimed at meeting Western demands for a boost in local spending and called on Parliament to approve it quickly. Mr Nakasone, addressing the opening of a special parliamentary session called to pass a
    Reuter  -  336 words
  • Article
    Lock icon Indonesian banks face liquidity squeeze
    401 18 AFP BANKS IN INDONESIA, which were caught in last month's hectic currency speculation, now face liquidity shortagee, with the short-term borrowing coets for rupiah soaring to around 36 per cent yesterday. Bankers in Jakarta said that liquidity was very tight after the government raised intereet
    AFP  -  401 words
  • Article
    Lock icon Cheap packaging is false economy
    90 18 Bernama MALAYSIAN Deputy Trade and Industry Minister Detuk Kok Wee Kiat said yesterday that manufacturers must go for better peckaging, and that cheep peckaging is false economy. He said products from the Third World ere often labelled cheap and of low quality becauee the peckaging
    Bernama  -  90 words
  • Article
    Lock icon Jakarta to boost cooperation
    66 18 AFP INDONESIA, the world's largest Muslim nation, plans to boost Ms economic cooperation wllh other Islamic countriee by taking advantage of a new loan facility offered by the Mamie Development Bank (IDB). Industry Minister Hartarto said yeeterday that IDB's loans are now available to Indoneeian businessmen
    AFP  -  66 words
  • LATE FILE
    • Article
      Lock icon China squeezes building boom
      54 18 Reuter CHINA, trying to reetrain an overheated conatruction boom, yeetorday announced a 30 per cent tax on new service-industry buildings not ordered by the government Some non-Stats projects will be ordered halted in midconstruction under the Stale Council regulationa. Hotels, theatres, offlcee and other "non-productive" projects
      Reuter  -  54 words
    • Article
      Lock icon EC announces dumping probe
      58 18 AFP TWO ANTMXJMPtNQ enquiries againet a category of Japaneae semi-conductor and againet Japaneee and South Korean compact diec players were announced by u># vxxthtiiwkxi oi m european Economic Community yesterday. The purpoee of. in® invwngtDoni is 10 199* whether the goods are being ioid at artificial
      AFP  -  58 words
    • Article
      Lock icon Canadian move on refugees
      61 18 Reuter CANADA has propoood that Wwtom countrioa be mora salactiva in VMincrooaing flow of "boot poo* -1-.H jk hnM pi 6 neeing uitir nonwmna. Boot pooplo who loovo Vtotnom for oconomic rothor thori political rootorw would bo sent homo forcibly under tho propooel, Mid John Baker
      Reuter  -  61 words
    • Article
      Lock icon Violence flares in S Korea
      38 18 Reuter STUDENTS mourning a coilaagua fatally woundod during an anti-government damonatration claahod with taargaa-Artng riot polioo yeetorday hours aftar South Koroa sot froo 177 dissidents aa a first stop towards promlaod flmyifiicy Rautsr
      Reuter  -  38 words
    • Article
      Lock icon Soldiers killed in rebel attack
      38 18 AP AT LEAST' 27 aoldlors woro roportod killod and IS woundod yoatorday whan Tamil robots attackod and Mow up a school building uaod aa an army camp on tho northern Jaffna ponlasulo. AP
      AP  -  38 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      191 18 Mn The NCR TOWER family Computers that grow with you. Today's challenging environment means your business will grow and change quickly. Whatever size your business is, the NCR TOWER family is ready for whatever size it may become. The TOWER family's leadership begins with the multi-tasking TOWER 32/400 which supports
      191 words
  • Page 18 Miscellaneous
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  • SHIPPING TIMES
    • Article
      Penang will appoint bank to study port privatisation move
      460 19  -  By G DURAIRAJ THE PENANG Port Commission will appoint a merchant bank to undertake a study on the feaaibility of privatiaing its containar terminal. A total of aight banks have applied to be considered for the propoeed study. General manager of
      460 words
    • Article
      Tanjong Priok to invest US$l4m in facilities
      175 19 TANJONG PRIOK, Indonesia's premier port will Invest US$l3.6 million in new container handling equipment at its common user terminel to accommodate increaae in throughput It ia expected to place orders for two ship-to-shors gantriee and 11 yard gantries in August for delivery in
      175 words
    • Article
      Lock icon Five Iranian boats attack supertanker
      115 19 Reuter A SPANISH supertsnksr wss attacked by five Iranian gunboata cloae to the Strait of Hormuz at the entrance to the Gulf, Lloyd'a Shipping Intelligence reported. It aaid the 313,467tonne Santo Maria waa attacked four milea off Mine Saqr in the United Arab Emiratee on
      Reuter  -  115 words
    • PORT SIDES
      • Article
        Cochin goto US$35m to develop port
        70 19 ASIAN Development Bank will provide U5534.6 million to the Cochin Port Trust for the development of container port facilities. Cochin handles 16 containers a day and a container veeeel sails from the Indian port daily, said Dr D Babu Paul, chairman of Cochin Port
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      • Article
        Mexican Navy continues search
        141 19 MEXICAN officials ordered the US Coest Guard to halt the attempted reecue of two people, poesibty Americana, whose bodiee were Ister discovered in the ocean aouth of Enaensds, Coast Guard officials ssid. A Mexican national radioed for help on Saturday in searching for two Americana who
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        Fears of large tidal wave
        117 19 SHIPS were advised to run tor shelter and residents to move to high ground yesterday after an earthquake near Vanuatu in the south Pacific raised fears of a large tidal wave, Vanuatu government officials said. A spokesman said people in coastal areas of the islands
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    • Article
      John Burke celebrates 100 th year
      217 20  -  Kingsley wood ONE OF AUSTRALIA'S pioneering shipping lines, the Queens-land-based John Burke Group, is celebrating its centenary this year. The low profile company, provides vital services from Brisbane and Cairns to north Queensland, into the Torres Strait region and Gulf of Carpentaria plua Papua
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    • Article
      Oakland approves US$69m budget
      236 20 OAKLAND'S Board of Port Commissions approved a budget of US$6B.5 million for the fiacal year, beginning July 1. The figure is about US$3 million higher than last year's reflecting modest upturns in both seaport and airport revenues. "Greater profitability in the coming 12 months, is a
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    • Article
      INDEX TO ADVERTISERS
      711 20 AB SHpg V 5 Lev's Nov VII 1/2 ABC Container VIII 1 lion Huot IV 2 Accord Shpg VI 3 lin lin Shpg IV 3 Africa Ocean X 2 logistics Tpt X 3 ANtrani VII 3 I Brasileiro IV 2 American Tpt X 2/3 lloyd Triestino IV
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      LONDON FREIGHTS
      1436 20 DRY cargo chartering on the London shipping freights market on Friday was highlighted by a resurgence of coal and iron ore voyege fixing on a broad geographical scale. Meanwhile, a slightly firmer undertone entered the US Gulf grain origin for Panamax loaders offering July readiness Coal fixing stemmed
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      Lock icon TANKER RATES
      279 21 AFP VERY LARGE crude carrier (tankers over 200,000 tons) rates for fixings in the Gulf States firmed during the past week as traders moved to restock following the Opec agreement on production limitations. The 15 to 18 large vessels fixed left only about five suitable tankers unemployed in
      AFP  -  279 words
    • Article
      IMC buys two second-hand ships at a 'bargain* price
      169 21 PUBLICLY-LISTED International Maritime Carriers has acquired another two second-hand vessel» at a "bargain" price of US$l2.B million. The purchase of the 15,888-dwt bulker, Maritime Wisdom, snd the 41,408-dwt combination carrier Maritima Bravery will bring the number of vessels owned by IMC
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    • Article
      Lock icon Cunard, Ellerman merger may result in rationalisation talks
      449 21 Lloyd's List TWO LEADING British container ship groups, Cunard and Ellerman, are merging in a move which could be the prelude to rationalisation talks with other shipowners. Cunard's parent, Trafalgar House, is paying £24.1 million for the Ellerman Group Ltd, which waa
      Lloyd's List  -  449 words
    • Article
      A history of takeovers for UK line
      188 21 FEW SHIPPING companies have changed hands as often aa Ellerman. one of the great names in British shipping history, in the peat few years. Towards the end of 1963, Ellerman Linee which then included breweriee, wee aold to the brothers David and Frederick
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    • Article
      Lock icon Selling pleasure boats through a delicatessen
      1028 21 NYT IN APRIL, Irwin L Jacobs, the fesred corporate raider and sometime greenmailer, became the nation's most unliksiy delicatessen owner. He began pitching pastrami for a simple, although not necessarily obvious, reason. He did it to sell boats. Jacobs is chairman of the nation
      NYT  -  1,028 words
    • Article
      Lock icon Silkworms
      66 21 AP at Hormuz IRAN has begun to place Its Chinasa-mada anti-ship miaailaa on launchars at tha strategic Strait of Hormuz. Tha miaailaa were teat-fired in the area in February, but salvage exec utivea aaid aome were placed on launchers, making them fully operational •gainst shipping. But a US government
      AP  -  66 words
    • Article
      Lock icon Pusan cuts free storage time
      130 21 Seatrade Week THE KOREAN PORT of Pusan has reduced the free storage period from 15 days to 10 in an attempt to deal with the problem of congestion. The bonded transportation time has been halved to five days and the marshalling period of Korean-flag vessels
      Seatrade Week  -  130 words
    • Article
      SHIPPING LIST where your ships are due...and when
      9662 26 3®aBDgEB 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
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    • Article
      SHIPS IN PORT
      507 27 AT CONVENTIONAL WHARVES VhmI Berth i Arrival DtfMrtM KEPPEL WHARVES AJax Pushkin CIO olongsid* 07 07/2000 Allosom K2I olongsida *****800 Ah Endaovour KIS olongsid* 07 07/0300 Arutot*lis K35 olongsida *****400 Arrow King Kie olongsid* 0707/2100 Auby K25E olongsida 0707/1100 Ho—omo Koto S*gor K33 otonguda 08.07/0600 K3I olongsida
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      CONTAINER SCHEDULES
      816 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna i FCL Arrival LCL cargt movement Ship Voy Operator > tchadula Locatfc Oasis Altoir 12/694 07.0747 1600 Borneo Shpg F5A 0700-0800 N2 SS Bridge 60E 07.0747 1600 Kawasaki F5A 0700-0800 El Kasuga M 58/556 07.07.87 1800 Borneo F5A 0900-1000
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      640 19 Bit* Oft. H*w B.E. Aria apart logical mlamou*. tragic. OANOCROUt 1 q" mr*> "J W AvilabhataH Good Bookshops Orient Ovhqbis Cmtcitm Line NORTH ;M?Ri,..A ATI ANTIC FJPRTSS iPOIINP THF WOP! D ROUTING 24/7 IS* Kfi VH *w w i/» yi It* 2M M IQfl NTH NTC NTX W IM 2W
      640 words
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      Page 19 Advertisements Column 2
      61 19 ONE OF AUSTRALIA'S pioneering dripping iin««, the Queensland-based John Burke Group, is celebrating its centenary this year. Pag* II TWO LEADING British container ship groups, Cun* ard and Ellerman, are merging in a move which could be the prelude to rationalisation talks with other shipowners. Page 111 indox to odvorHsors
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      Page 19 Advertisements Column 3
      303 19 r<TT>j So* tot fab ta Agont: Singapore Bovitt Shipping Co Pit Ltd MAERSK LINE MEDITERRANEAN SERVICE INAUGURAL SAILING "LUNA MAERSK*' VOT S7lO etd Singapore 16.7.87 Tim week Cec«e M Cteang Time cr g/***** mrs CFS 6/7 0100 MRS ooaocaaoooa 2V7 XV7 M 11/7 2« M 44 M 17/7 M IM
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      Page 20 Advertisements Column 1
      461 20 "K" Line's Sea Rail service brings your North American Markets a whole lot closer: K 'JQ days to the West Coast /Bays to Chicago to New York Transit times from Taiwan on "K" Lino's PSW route. Seattle Chicago New York y Taiwan Singapore Japan LongV~ Beach Fenang OM Port Kelang
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      Page 20 Advertisements Column 2
      23 20 Lines and services represented Members of the Registry of Aocred Members of the Registry of Accredited (ffiTilt Shipping Agents. Singapore National Shipping Association.
      23 words
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      Page 20 Advertisements Column 3
      293 20 CHARGEURS REUNIS f. (K S ,A P Wt S s> 'O'f i I'H F > Optorg Shipping Pte. Ltd EL M A iOGfVNf '<»' jN-i. V UhM« Hka Km 8 In 11* m n inn s r tm m ii/i u* 2M lie CATARMRCA H SAN LUIS G EARBULK LTD.
      293 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      634 21 The Straits Steamship Group <ir@9f Mansfield Container Shipping Pte Ltd ff STRAITS SHAPING Singgpora to Sabah, Sarawak, Brunai Porta and Bangkok i i 9 L* Hi I*7 up ap w Tan 2*7 27* un an an an an an un an an w an M M M Abo Accepting Corgo
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      Page 21 Advertisements Column 2
      602 21 N EUROPE MED UM 11.11 1111 21.11 17.11 mi ia.ii H KLUAI iti sss EE 7NM7J7 EE 7N nm yfn •4J7 H.r 14J7 2U7 2117 27J7 •3M MJI IMI rr* ra USA PANAMA M 711 lIJ7 IM7 24J7 mm KM KM IMI M 703 13JI ILN 21M WTM 27J1 MM
      602 words
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      Page 22 Advertisements Column 1
      298 22 CONTAINERSHIP SERVICE TO UK CONTINENT COPENHAGEN. AARHUS. GOTHENBURG, NALMO. HELSINKI. OSLO. MBTUOMI CARIBBEAN 4 S. AMERICA CONV SEMI CONTAINER SERVICE TO EUROPE nii ma CONV SEMI CONTAINER SERVICE TO MED A EUROPE •MUSS! A 110 Ufl D W an an w CONTAINERSHIP SERVICE EROM UK CONTINENT W «n V» lit
      298 words
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      Page 22 Advertisements Column 2
      421 22 FULLY CONTAINERISED SERVICE CONVtNTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S'POftE LOADING FOR WONSBON V.34 14/7 DUBAI, DAM LEADRON V.42 20/7 DUBAI. DAM GEN AGENT* CROWN MAJMNE CO (RTE) LTD TIL: *****88 (8 Unas) FAX MO: SUB-AGENTS: KUALA LUMPUR TEL: 7S2MM/ a ui CO., (PTE) LTD. 10 Aiwon RoMd, #1«-1f/20
      421 words
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      Page 22 Advertisements Column 3
      271 22 •i> HAHM MM! |)AKH* Hit I'lNl, I'll 'IP 1.1 1 EXPRESS FCL/LCL roWTISOMTIY CONTAS4ER SERVICE TO MAMAS MAUMA CALCUTTA CHTTTAOONO CMALNA (15 «a* MAD* HAL* CAL MO CUP CTt w Ufa w w W w am mm vm iva 111 JB.j'll ORIENT OMDfT CONTVt ft WAMMOUMNQ services ftc. Ltd. (A
      271 words
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      Page 22 Advertisements Column 4
      782 22 EVERGREEN Round The-World East Bound (FE/CARIB/USEC/FURO'FE) EVER UNKING I EVER GENUAL EVE* CLOSE EVE* GUANO eve* gentry EVE* GUEST EVU GUABY EVU GLEAHT ALSO ACCEPTING CAROO TO: a ATLANTA. CMCAQO. DETROIT, KSC KLG PUS OSK TYO KSN CHS NYC ML HKFUSt* 14/7 I*7 ID HI HI lit 10 MS 2*l
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      Page 23 Advertisements Column 1
      649 23 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE LOAOMG FOR SUBJECT TO MOUCEMENT MOONESIAN/TAIWAN RED SEA/EAST AND WEST AFRICA SERVICE VESSEL KOTO MAJU KOTA WIRAMA KOTA TIMUR KOTA BENAR KOTA
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      Page 23 Advertisements Column 2
      155 23 NORBUL NORBULK CARGO SERVICES LTD. If REGULAR CONVBJTIONAL TIMBER AND PLYWOOD SERVICE TO UK/CONTINENT PORTS TO INDIA/PAK/RED SEA PORTS MAJOR BASIL NBT-10 NORBULK NBT-U SWK/SABAH SPORE LOADING FOR In Port MANGALORE 15/7 MADRAS/VIZA/CALCUTTA SPORE MARATHON UNITED AGfNCT PTE LTD TEL 22X366 MALAYSIA SP TEO SHIPPING i TRADING KL TJSMIIj P*
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      Page 23 Advertisements Column 3
      639 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT City ot Umkurfti 1/7 Tafcia iiprau City 1 UMkHTftl EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANC AND EAST MALAYSIAN PORTS KkJ JEBSEN LINE NEW ZEALAND NOINKA SUVA TA/AKI M TU TU/LV TU/OR BLUFF 31/7 ¥1 *1 12*
      639 words
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      Page 23 Advertisements Column 4
      454 23 DJASAGETRI A Joint Europe Service Oh P.T. OJAKAITA LLOr» P.T. BESMN UOTI P.T. SAW)BOA MBI P.T. TMKOU LLOYI EXPRESS SEMI CONTAINERSHIP SERVICES US ?A**° 0lt SSSwMrOO* ioteru g is gj sfflr its 5, jg li*|iello CSfQO 10 CtMfellflCfl, I Stld Port lliiinrtili ftanna Triette ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO
      454 words
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      Page 23 Advertisements Column 5
      425 23 BOUSTEAD SHIPPING AGENCIES m PAGAN Vlls* AVA vat PA-AN VII3W HTONEYWA V22SW Diiehiffmj only BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok 1/10 July 1012 July 13/15 July 15/17 July BANK LIME EXPRESS Smi-TAMTAIHCD C NORTHBOUND TO UKC SPORE ROAM HULL HMBG FORTH BANK VI9N
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      Page 24 Advertisements Column 1
      1406 24 K"LlflE SHiPPkfIG-DfiTfl fiTLfiflTtC COAST (Round-The-World Service) •PK/PNG SPORE LB CHIS 0. FRIENDSHIP V 3 11 Jul 14 Jul 4 Aug 13 Au BOOKLYN BRIDGE V 3 U Jul 17 Jul I Aug 11 Au 0. FORTUNE V 4 IS Jul 24 Jul IS Aug 2S Au •VIA FEEDER LB CHLS
      1,406 words
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      Page 24 Advertisements Column 2
      527 24 'M AUSTRALIA EXPRESS CONTAINER SERVICE AecepOng PCL/FCL CawMtoan fmdm P.Mmb |L-« Hml fm, $n* Ate teM KABIRDAS VJS 22 khf 5 Ami 14 Ami 12 Ami Adri/Bni CALABAR *36 23 Jtf* "RAMOAS" VJO 10 iZ 25 A? 3 s2t 1 sS( ASXS 13 *2 iSftK'." 7 8 *saiS a B
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      Page 24 Advertisements Column 3
      677 24 G. GOLDEN LINE GUAN GUAN SMPPMG (PTE) LTD n W* *r S*TM< smunm tm m uuw <i« hoi Far son STRAITS/PERSIAN GULF SERVICE: Sow. P MtoncfW* QOUKN VOMOU Cotombo/KiraciM/OubK HflSMi- OOLDCN KAR Cotombo/Karachi/llweat'Balwaw 21/2J July CHINA SERVICE a A VESSEL HsnkJH|/S*«*» MP* My f 1 CHINA OCEAN SHIPPING CO., PEKING
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      Page 24 Advertisements Column 4
      385 24 PHI LI Oni€NT LINCS PT€ LTD H E AO Off CE 63 ROB NSCS PCAO «rno AS;* Bono S3 S NGi I ifif *"j r? 7 >M\ a< !1 '"-'Hi'iU'i':-»w 3 JR2 V.V ii- M J' I C J SERVICE Ii„ i i Ml-. LDN. F STONE. S TON, TILNUNY.
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      602 25 NOL NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD. Ft lU/AUST TPA/SEA Trrrri' CFS BOOKINGS: *****S Z***** *****22 mw 77WM 27*111 *****11 27W« NEPLINE SON. BHD. MM7 NEPLINE SDN. BHD. K4BI NEPLINE SON. BHD. (MOW NEPLINE SON. BHD. ZSMfI ww EAST/EMOPE FVUY CMTNMSttSa TO EUROPE/UK (VIA SUEZ):! pjuZ"Sri WiTSTAI Salad
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      Page 25 Advertisements Column 2
      392 25 HEUNG-A SHIPPING Korean Flag Vessels 1 DONAM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG PENANG. BUSAN INCHON Nol Donam/706N t DWUM/7D7N No I Donam/7»N toMpriffTUn No 7 Donatn/7KN No I Oonmpmn No Oonam/TOM Conor 11 Survoy at Go Ooim" Voy 70SS/N 1 PPW PIC on IfJIV frmmm-vmtn "M.V. No. 7 S
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      Page 25 Advertisements Column 3
      744 25 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Linee) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS 213K RS ***** RS ***** P. ROAMS PENANG IfS HANDLING SYSTOI 00 KM. MO. MESSRS MAI THONG SHIPPING 127 Nmm Start.
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      Page 25 Advertisements Column 4
      24 25 AUSTRALIAN SERVICES WEEKLY CONSOLIDATION/SNIPPING SERVICES TO/FROM ALL AUSTRALIAN PORTS INCLUDING TASMANIA ALL INLAND POINTS BOOKING AGENT: FREIGHT MANAGEMENT SINGAPORE CONTACT: LYN/HELEN *****11 (15 LINES)
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      Page 26 Advertisements Column 1
      375 26 SINGAPORE SKIPPING CMPN. (PTE) LTD. TEL: 225-6868 (30 Lines) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD FAX NOS: *****39/*****76 VEB DEUTFRACHT SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE 0 EUROPE •VIA COLOMBO: Accepting cargo for INDIA Bombay. Cochin Madras; EAST AFRICA Dar-Es-Salaam, Mombasa I —VIA LARNACA Accepting cargo for
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      Page 27 Advertisements Column 1
      286 27 MIL CALL US ftoA* PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE ll'MliWd FEEDER I. BUT ARC B. BUTANG B. BUTANG nrr TTTT rrrr rrvW".* 1 !H mw-'.wtitm iTTVT B. SURIA OTHER DESTINATIONS: AARHUS,
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      Page 27 Advertisements Column 2
      257 27 MN CONTAINER LINE lICA I2 7 TO: LA/LB, OAK/SF, N.YORK UOH I9 /7 la/LB OAK/SF, N.YORK ACCEPTING LCL/FCL TO ALL PORTS/IPI TRANSTAINERS UNE WEST AFRICA SERVICE KWK SIN TO: DAKAR, CONAKRY 11/7 13)7 ABIDJAN, UK I*7 a/7 CONTONOU, OOUALA LIBREVILLE, PORT GENTIL P. NOIRE. LUANDA DAILY ACCEPTING LCL/FCL TO:- I
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      Page 28 Advertisements Column 1
      406 28 FARGO SHIPPING COMPANY(PTE)LTD. REGULAR EXPRESS EULL CONTAINER AND LCL SERVICE MBOUND AGENT FOR ABC CONTAINERLINE From USA/Canada/Europa/Madlterranaan E. HUDIG BRUSSEL ANTWERPEN C. VEROLME \€mzmEmzm IEMBMIMirB 200 Cantonment Road &02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49 SHAW LINE LTD GENERAL
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      Page 28 Advertisements Column 2
      452 28 AfRK Ot ian Lr»is Lid. mrwmrmvx ACCEPTING FCL/LCL A BREAKBULK TO: LAGOS/ APAPA, PORT HARCOURT, WARRI, CALABAR, SAPELLE, TEMA, CONAKRY AND OTHER WEST AFRICAN PORTS VESSEL CARIBBEAN EXPRESS M/V EKESOS ETA SPORE 15/7 6/8 o COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMKOWTOCfI SERVICE TO General Agents
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      Page 28 Advertisements Column 3
      80 28 Bg| LOGISTICS TRANSPORT (S) PTE. LTD. NEEKLY SAILING TO: USA WEST COAST —LA USA EAST COAST NY VSL SAILING EVERY FRIDAY. ACCEPTING Fa A LCI. ALSO COMFI Ml TWICE WEEKLY SAILING TO COLUMUS. CINCINNATI. DETROIT, PITTSBURG, LOUISVILLE. CLEVELAND. DAYTON A INDIANAPOLIS. ALSO ACCEPTING Fa COLOMO/OOMAY/CNOTAOONG TO USA N.C. A EX
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      Page 28 Advertisements Column 4
      356 28 of* 'Mr K W> Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER 34)jraui l( i r j»r itrtoA OCEAN ELITE VOY. EAA34A PRIMERA PEAK SWA 31A SUBJECT INDUCEMENT WEST AFRICA ALTAI MARU V WAB 27A RIVER GURARA V WAA 30A Rmks: Subject Inducement. OSAKA MARU VOY. 3334F HAYAKAWA MARU 3433F SA VAAL
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      137 28 t r Regional WMtbtr kSi yW I v' i u W»td draction with speed m knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JOAJLTNM MOWNNiO UGCNO R Thundmiom. Tatnpwotur. •<. A y Show.r Weottw *<*) drection wrth ipttd n knots Ravi U Cloud* Sky Wov Sortw* -Wi or* «*cat«d W» mn
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