The Business Times, 30 March 1988

Microfilm: NL16110
Total Pages: 30
1 30 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 WEDNESDAY, MARCH 30, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    280 1 AFP Dow Jones higher WALL STREET stocks rallied early in the session yesterday following a recovery in the dollar on foreign exchanges. The Dow Jones Industrial Average was up 12 points at 1,992. Some analysts said it might flirt with 2,000 later in the day. Gainers led
    AFP  -  280 words
  • Article
    Trading in selected US stocks quiet but eventful
    392 1  -  By CORRINA LIM TRADING IN selected US stocks got off on a quiet but eventful start yesterday, following the tie-up between Sesdaq and its US counterpart, Nasdaq. In keeping with the main equity market, activity was very subdued. By the end of
    392 words
  • Article, Illustration
    Singapore bucks the trend with a 5-point fall
    234 1 STOCK MARKET sentiment in the region was given a boost by the levelling off of the decline on Wall Street and the strong gains made on the Tokyo market yesterday. Bucking the trend was Singapore which closed weaker. Leading the active counters
    234 words
  • Article
    Singapore contractors lured by Taiwan construction boom
    363 1  -  Contech applies to set up office in Taipei By ZHOU MEI In Taipei TAIWAN'S booming construction sector has attracted a flow of Singapore contractors there. And at least one of them has decided to even set up an office in Taipei. BT has
    363 words
  • Article
    Greenback makes up for lost ground
    158 1 THE US DOLLAR yesterday recouped the substantial losses recorded against major currencies on Monday amid fears that the American and Japanese central banks will continue their concerted intervention to prop up the flagging greenback. Dealers said the Bank of Japan intervened for the third
    158 words
  • Article
    Lock icon Lawson not resigning
    52 1 Reuter THE UK Treasury yesterday denied rumours that Chancellor of the Exchequer Nigel Lawson had resigned or was preparing to resign. Earlier, rumours had spread that Mr Lawson was resigning following differences with Prime Minister Margaret Thatcher over exchange rate policy. Mrs Thatcher's office also denied the
    Reuter  -  52 words
  • Article, Illustration
    QAF and Emporium: The bitterness lingers
    546 1  -  By WILLIAM CHIA LIKE EX-LOVERS, food-based QAF Ltd and Emporium Holdings are still fighting out in court for a settlement of their short and stormy relationship although their "marriage" was formally dissolved more than a year ago. While Emporium is trying to evict a
    546 words
  • Article
    Lock icon Australia concerned about Indian naval build-up
    322 1 AFP AUSTRALIAN Defence Minister Kim Beazley and other defence experts yesterday expressed concern at a seminar in Freemantle, Australia, about India's naval build-up in the Indian Ocean. Former senator Peter Sim said that the growth of Indian naval strength was causing concern in countries
    AFP  -  322 words
  • Article
    Lin Tah Hwa charged
    79 1 FORMER stockbroker Lin Tah Hwa was charged in court yesterday with causing grievous hurt to a Sabah lawyer. Lin, 43, was accused of punching Mr Raymond Szetu Mei Thong, 37, and fracturing his jaw at the Goodwood Park Hotel on Feb 19 at about 10.15pm. Lin
    79 words
  • Article
    Lock icon Thatcher meets Fijian PM
    78 1 Reuter THE PRIME MINISTERS of Britain and Fiji met yesterday in London for talks on restoring the island's links with the British crown. A statement said British Prime Minister Margaret Thatcher welcomed the Fijian government's efforts "to restore the economy and Fiji's wider well-being and stability
    Reuter  -  78 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      207 1 Q9P Official Typewriter Supplier of the 1988 Olympics brother A HELPING HAND FOR HOME BUYERS tOnce you've found your dream home, the next thing you have to look for is a good housing loan. Look to International Bank of Singapore. At IBS, our housing loan scheme is designed to make
      207 words
    • Advertisement
      Page 1 Advertisements Column 2
      360 1 Property and the MRT IS THE MRT system creating an 'elite' class of property? Property Correspondent Lee Han Shih does not expect train operations to raise overall property prices. But, if the market is depressed, the price of property around MRT stations will rise at the expense of other locations.
      360 words
    • Advertisement
      Page 1 Advertisements Column 3
      321 1 %[{|-&.'-+|&=_/*:&+&:|]$`(>,[/! Mr Lee Yocfc Suan FOCUS, Page 2 ■Government will take another look at suggestion to use CPF for tertiary education, says Lee Yock Suan Dr Augustine Tan calls for set-up of private universities Insurance: approach has been cautious The signs of the times have been wrong before. Why gamble
      321 words
Page thumbnail Page 2
  • FOCUS
    • Article, Illustration
      A closer look at CPF for tertiary education
      480 2  -  MINISTRY OF LABOUR \ie§SJO3M? aa KMAaasotf. Reports by JOHN LIM, CHUANG PECK MING THE GOVERNMENT will take another look at the suggestion to use savings in the Central Provident Fund for tertiary education. Labour Minister Lee Yock Suan, who agreed to reconsider
      480 words
    • Article
      Dr Tan calls for set-up of private universities
      245 2 THE ROOT of the matter in the clamour for the use of Central Provident Fund (CPF) money for education is the increasing demand for higher education itself, said Dr Augustine Tan (Whampoa) yesterday. He suggested the government look at ways to meet
      245 words
    • Article
      Insurance: approach has been cautious
      215 2 MINISTRY OF HEALTH THE GOVERNMENT is taking a cautious approach to a catastrophic illness insurance scheme, which it has been looking at since 1985, because of its tremendous long-term implications. Mr Yeo Cheow Tong, the Acting Health Minister, said it must be ensured that the
      215 words
    • Parliament briefs
      • Article
        Contract workers
        48 2 THE GOVERNMENT is keeping a close eye on the employment of contract workers to check abuse, said Labour Minister Lee Yock Suan. Traditionally hired in the construction, shipbuilding and repair sectors, contract workers are now also supplied by labour contractors to the electronics and garment industries.
        48 words
      • Article
        CPF rate
        35 2 LABOUR MINISTER Lee Yock Suan reaffirmed the government's commitment to restore at least part of the Central Provident Fund rate. A decision would be made after the first quarter economic performance is known.
        35 words
      • Article
        Unfair dismissal
        35 2 THE GOVERNMENT would review its practice of asking an employer to compensate a worker instead of reinstating him in cases of unfair dismissal brought before the Labour Ministry, said Mr Lee Yock Suan.
        35 words
      • Article
        Foreign stevedores
        23 2 AN EARLY decision would be msde on whether to let stevedoring companies hire more foreign workers, said Mr Lee Yock Suan.
        23 words
      • Article
        Dental clinics
        36 2 THE GOVERNMENT has so far leased out 11 dental clinics with a total of 25 dental chairs to 44 young dental officers under the Lease-A-Dental Clinic scheme, said Acting Health Minister Yeo Cheow Tong.
        36 words
      • Article
        Therapy studies
        45 2 GOVERNMENT scholarships for therapy studies would be relaxed to encourage more students to become therapists, Mr Yeo Cheow Tong disclosed. This could help the government to overcome the current shortage running up to 40 per cent in government hospitals in about seven years.
        45 words
      • Article
        Nursing profession
        38 2 LESS THAN half of the 1,502 nurses who left government hospitals between 1984 and last year joined private hospitals. said Acting Health Minister Yeo Cheow Tong. Of these. 455 were absorbed by the National University Hospital.
        38 words
      • Article
        Med leave study
        58 2 AN OFFICIAL team will be sent overseas to study how to check possible abuses of the Medisave scheme, said Acting Health Minister Yeo Cheow Tong. While there appeared to be no misuse of the scheme, he said, it was really hard to tell as the government was
        58 words
  • Article
    MEMO-PAD
    413 2 Seminars and f WTd r» Tel *****13 Courses 1 Fax: i' ii v Apr 11 Costing and Management National Mietl III II III PKTVKinOI *****88 (commenceInformation Systems for Productivity Productivity ment dote) SMEs Board Board Apr 11-12 Merchandising ond SIM Conference Singapore *****66 Display for Retail Room Institute of
    413 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      137 2 J. o* vH-- vV^-- -J£ Tt 1 'J? 'a -^V. .;.:h-'-±'->% *."> <'*' THE FIRST CHOICE 10 BANGKOK EVERY MORNING AT 8:05 jTi'H c. Beginning April 3rd, China Airlines' daily |M service to Bangkok will depart Singapore at 8:05 at am and arrive 9:15 am to give you a full
      137 words
    • Advertisement
      Page 2 Advertisements Column 2
      10 2 M onagers ust anage BT shows you how every Monday.
      10 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      234 2 CHy Max/ Note MM CO Adeloide 28/19 Roln Amsterdam 09/02 door Altera 12/05 Cloudy Bahrain 24/19 Clear Rongkok 34/2 7 Sunny Borbodos —/23 Cloudy Beijing 10/03 Cloudy Beirut 19/12 Sunny Belgrade 14/03 Cloar Berlin 08/03 Cloudy Bermuda 25/20 Cloudy Bonn 10/04 Cloudy Brisbane 25/16 Fine Bruu«h 14/04 Ooor Buono* Aires
      234 words
Page thumbnail Page 3
  • HOME NEWS
    • Article
      EDB urged to include construction services in promotion package
      324 3 CONSTRUCTION SERVICES should be included in the standard promotional package which the Economic Development Board provides to investors, said the Singapore Contractors Association Ltd (SCAL). In an editorial in the March issue of its official publication The Contractor, SCAL said that
      324 words
    • Article
      Study of textile quota allocation system
      231 3 THE SINGAPORE Textile and Garment Manufacturers' Association has appointed Kurt Salmon Associates, a US-based consultancy, to study the textile quota allocation system implemented late last year. Expected to be ready in May, the consultancy's report will touch on the impact of the allocation system,
      231 words
    • Article
      Pan-Pacific forum to be held here
      100 3 SCHOLARS, executives and government officials from more than 10 countries in the Pacific will meet for three days in May to exchange views on economic and trade policies. The gathering for the Pan-Pa-cific Conference V will look at issues such as trade barriers, multilateral
      100 words
    • Article
      Chase dangles 'interest-free' carrot in home loan war
      379 3  -  By ALVIN TAY Banking Correspondent CHASE MANHATTAN Bank yesterday became the latest bank to sweeten its housing loan package as the two-and-a-half month rate war by major banks and finance companies gathered momentum. The American bank is to offer a three-year interest-free
      379 words
    • Article
      Pre-fabricated kitchens from Darwin
      195 3 DARWIN-BASED Jaguar Kitchens has shipped its first container load of pre-fabricated kitchens to Singapore. The kitchens will be marketed under the "Koala Kitchens" brand name to identify the product with Australia. The shipment follows the signing of an agency deal with MLC Marketing, which will display
      195 words
    • Article, Illustration
      Number of tourists in January soared
      378 3  -  By LILIAN ANG ABOUT 44,000 MORE tourists visited Singapore in January this year compared with a year ago. The sharp increase of 15.4 per cent brought the total number of people who came to Singapore during the first month of the year to 328,447.
      378 words
    • Article, Illustration
      SBS tunes up fleet to compete with MRT
      471 3  -  By TONG SUIT CHEE TO MEET the competition from the Mass Rapid Transit system, the Singapore Bus Service (SBS) has invested $40 million in 200 new single-deck buses and is calling for tender for a further 200 buses this year. Mr Thai
      471 words
    • Article
      AVS clinches computer maintenance job
      179 3 LOCAL COMPUTER COMPANY AVS Electronics has clinched a computer maintenance contract from the Finance Ministry, the first to be awarded. From January, the company, a subsidiary of Advanced Computer which markets Taiwanmade Multitech personal computers, was charged with repair as well as maintenance of the
      179 words
    • Article
      Piling restrictions
      43 3 THE BAN on the use of diesel piling hammers in some postal districts will take effect from Friday. The Environment Ministry said yesterday that the ban, affecting 43 districts, also covers places within 200 metres of schools, hospitals or residential estates.
      43 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      117 3 COULD YOU SELL THIS SPACE? Business Times has a vacancy for an experienced sales person whose personality, background and experience will enable him/her to seek out and persuade advertisers whose products or services would benefit from exposure in the leading business newspaper in Singapore. The position and the remuneration will
      117 words
    • Advertisement
      Page 3 Advertisements Column 2
      167 3 Patrick. For dependah all-court performance >/ u i FOREST HILLS I i i I 7 -V RC ROLAND GARROS MEADOW No matter what court you prefer to play on, Patrick has a tennis shoe that's made for it. And it's made for tough,comfortable and long-lasting performance. We do it by
      167 words
Page thumbnail Page 4
  • ASIA-PACIFIC
    • Article
      Lock icon Continued expansion expected for Japan
      550 4 Industrialists set to inject more capital investment AFP ABOUT 95 PER CENT of Japanese businessmen say Japan's economy will continue expanding in fiscal 1988, which starts on Friday, an independent survey said on Monday. The survey, conducted in March by the powerful Federation of Economic
      AFP  -  550 words
    • Article
      Lock icon Progress reported in talks on construction
      163 4 AP PROGRESS towards solving the dispute over participation of US contractors in Japanese construction projects was reported on Monday as the two governments scheduled a third day of negotiations. US Deputy Trade Representative Michael Smith and Ichiro Ozawa, Deputy Chief Secretary of Japanese Prime
      AP  -  163 words
    • Article
      Lock icon Japanese agriculture minister leaves for talks in Washington on import curbs
      286 4 AP JAPAN'S Agriculture, Forestry and Fisheries Minister Takashi Sato left for Washington yesterday in what he described as "an unusual atmosphere" for talks with US officials to seek an easing of demands to end Japan s restrictions on beef
      AP  -  286 words
    • Article
      Lock icon Manila's international reserves fall
      224 4 Oana-Bernama THE PHILIPPINE gross international reserves (GIR) level has dropped to US$l.B billion, barely enough to fund import requirements for about 1.8 months, Manila's financial daily Business World reported yesterday. The level already includes the remaining US$l billion of the current trade facility deposited with the
      Oana-Bernama  -  224 words
    • Article
      Lock icon Good weather forecast boosts Indonesia's rice estimate
      287 4 AFP A SENIOR OFFICIAL says Indonesia's rice output in 1988 could reach 28-9 million tonnes, up 600,000 tonnes on previous estimates, Antara news agency reported. Bustanil Arifin, head of the National Logistic Board, said on Sunday in Surabaya, East Java, that the good
      AFP  -  287 words
    • Article
      Lock icon West German giant joining US$916m petrochemical venture in Indonesia
      310 4 FT THYSSEN Rheinstahl Technik, the West German industrial group, has agreed to a US$9l6 million joint venture petrochemical investment in Indonesia, it was reported in Jakarta on Monday. It will be Indonesia's largest foreign investment in over a year. The venture
      FT  -  310 words
    • Article
      Lock icon PNG on growth path: World Bank
      246 4 Reuter THE WORLD BANK has forecast that Papua New Guinea's real economic growth rate will average between 3.5 and 4 per cent until the year 1995, Finance and Planning Minister Galeva Kwarara said in Port Moresby on Monday. A World Bank report pointed to
      Reuter  -  246 words
    • Article, Illustration
      Lock icon Gandhi's party wins 32 seats in polls
      309 4 AP INDIAN Prime Minister Rajiv Gandhi's Congress Party won 32 seats on Monday in elections to the Upper House of Parliament while the opposition claimed 25 seats, official announcements in New Delhi said. Elections were held for 61 of the 244 seats in
      AP  -  309 words
    • Article
      Lock icon India using satellite to broadcast atomic time
      150 4 AFP INDIA on Monday became the second country after the US to use a satellite to broadcast "extremely precise'' time by an atomic clock, the National Physical Laboratory (NPL) announced in New Delhi. Indian Standard Time transmitted by the satellite INSAT-1B in the
      AFP  -  150 words
    • Article
      Lock icon Moscow urged to break deadlock in Afghan talks
      372 4 Reuter PAKISTAN and the United States have called on the Soviet Union to make a move which could help break a deadlock at United Nations-sponsored talks on Afghanistan. The Geneva negotiations, designed to achieve a Soviet troop withdrawal, have stalled on the
      Reuter  -  372 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      847 4 ARRIVALS Operator Sorvic* Local From number Hm* OA OA471 0015 ATH SU SQ11 0115 LAX/NtT UA UA805 0120 SFO/HKG THAI TG80I0 0300 BKK/KPS MAA SiA SQ41 0610 SU SO 4 7 0655 DEL MAS MH68I 0620 KlU KAL KE624 0850 KUL SIA SQ31 0650 PAR/tOM PEN MAS
      847 words
    • Article
      Lock icon Merrill Lynch forecasts slowdown in South Korea
      207 4 AFP SOUTH KOREA'S economic growth is likely to slow down in 1988 and 1989. but it will continue to be one of the fastest growing in Asia, according to a Merrill Lynch report released in Manila on Monday. The American securities firm forecast
      AFP  -  207 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      167 4 SHANGRI-LA INTERNATIONAL SHANGRI LA EXECUTIVE ACCOMMODATION PLAN CI UNA MALAYSIA THAILAND THE EXECUTIVE ACCOMMODATION PLAN OFFERS YOU: Single or twin accommodation at the same special rate Daily breakfast Late check-out of 4pm No pre-payment required Shangri-La Family Plan. No additional charge for child aged 18 years and under occupying the
      167 words
    • Advertisement
      Page 4 Advertisements Column 2
      66 4 I a I I I The buvness person's choce. every I I I II %I I II II I T uesdoy. Thursday. Saturdoy ond Sundoy* I 1 f I \l I yl II \l Leaving CHangi Airport ot 22:05 Jy,_ r X-L 1 1 S 1 hours and arriving Heathrow
      66 words
Page thumbnail Page 5
  • REST OF THE WORLD
    • Article
      Lock icon Drought increases fire risk, threatens western US crops
      338 5 Reuter FROM CALIFORNIA, northward to the Canadian border, the warnings are going out the west of the US is facing a serious drought this year. The drought, caused largely by light snow and rainfalls over the winter, threatens a second consecutive year
      Reuter  -  338 words
    • Article
      Lock icon 'Privatisation will boost Bonn's business'
      248 5 Reuter THE PRIVATISATION of West German state-owned firms and the deregulation of bureaucratic rules in industry will open up markets and boost competition and efficiency, the IW economic institute said. The industry-funded IW institute said its research into privatisation policies in Britaifr, France and the
      Reuter  -  248 words
    • Article
      Lock icon Authorities in Panama get tough
      173 5 AP POLICE and soldiers using shotguns and tear gas smashed an anti-government demonstration in Panama City on Monday, then shot their way into the capital's .leading hotel and confiscated the 'film of foreign television crews. Dozens of people apparently 'were taken into custody at the
      AP  -  173 words
    • Article
      Lock icon NYSE bans firm over violations of rules
      241 5 NYSE Reuter THE NEW YORK Stock Exchange has censured Rooney Pace Inc and said the firm is permanently barred from membership at the exchange because it violated a long list of rules and regulations. Officials of the firm, which has been winding down
      Reuter  -  241 words
    • Article, Illustration
      Lock icon American soldiers leave Honduras
      384 5 AFP AS NICARAGUAN government and Contra rebel delegations ended their first day of technical talks on their cease-fire agreement, the first contingent of 3,200 US troops began returning to their home base from Honduras yesterday. The US troops were ordered to Honduras on March 16 in
      AFP  -  384 words
    • Article
      Lock icon Israel moves to dampen expected demonstrations
      408 5 FT ISRAEL on Monday night sealed off the occupied West Bank and Gaza Strip for three days, in an unprecedented move aimed at dampening widespread demonstrations expected to take place today. Security sources said daytime curfews would be enforced in certain areas, particularly in
      FT  -  408 words
    • Article
      Lock icon US provision unlikely to affect takeovers
      440 5 Dollar may be hit if capital movements affected Reuter THE SPATE of mergers and acquisitions in the United States is not likely to be affected by an agreement allowing President Reagan to block takeovers by foreigners if national security is threatened, economists and bankers
      Reuter  -  440 words
    • Article, Illustration
      Lock icon Reagan praises robust US economic expansion
      286 5 AFP PRESIDENT RONALD REAGAN says the US economy is in its 64th straight month of expansion and has performed better in the first quarter of this year than during the same period last year. In a speech on Monday to employees of a metals
      AFP  -  286 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      200 5 A Business, Economic Technological Exchange RAN-RACIFIC CONFERENCE V 03® 16—18 May 1988, The Mandarin Singapore jointly organised by University of Nebraska, Lincoln, USA School of Accountancy, Nanyang Technological Institute, Singapore This 3-day conference will serve as a platform for academics, business practitioners and government officials from all over the world
      200 words
    • Advertisement
      Page 5 Advertisements Column 2
      146 5 GIOVANNI'S BUFFET ITALIAN STYLE. UNFORGETTABLE! Qiovanni does it every day of the week! An unforgettable Italian-style lunch in the afternoon. It consists of a special Antipasto Buffet, unlimited Oyster and Salad Bar, Soup, Cheese and Dessert Buffet. Six main courses and different carvings from the trolley everyday. And all for
      146 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      66 5 Doonesbury OUR HERCfS LF€ UJTTH THE PUKE has become as predictable AS SPRING RAIN IN SCOTLAND. P i OH, THERE UiAS THE 0(?P DISTRACTION, SUCH AS THB TIME THB DELECTABLE LAW SUNUEIL RODE WTO ASK DIRECTIONS- BY GARRY TRUDEAU BUT EVEN ON OCCASIONS SUCH AS THBSB, WHEN WALKS WERE 9MEP,
      66 words
Page thumbnail Page 6
  • MONEY AND EXCHANGES
    • Article
      Lock icon Simex
      464 6 Reuter EURODOLLAR futures closed lower yesterday from Chicago levels on profit-taking and some long liquidation in quiet trading, with sentiment undermined by a weak US dollar, dealers said. They said although the dollar recovered, its underlying bearish sentiment remained intact. June Eurodollar closed at 92.68, down from Chicago's 92.69
      Reuter  -  464 words
    • Article
      Lock icon IMM
      258 6 Reuter MOST currency futures on the International Monetary Market finished sharply higher on Monday and near daily highs set late. Traders pinned large early gains to a falling dollar overseas during the weekend and sentiment that Japanese investors could sell dollars after the end of the Japanese fiscal year
      Reuter  -  258 words
    • Article
      Comex gold/silver futures
      167 6 Gold futures on March 28 100 tray ouncse, USS par troy ounce Opwt MM Mof 455.80 *7.60 Apr 454.50 454.20 453.10 455.90 3.60 May 456.50 456-50 456-30 457.90 3.60 Jun 459.00 440JO 457.30 440.30 3.60 443.30 444.80 463.00 444.60 160 Oct 448.X 448.10 447JO 449JO 3.60 Ok
      167 words
    • Article
      Lock icon Asian $ market
      196 6 Asian market Reuter ASIAN DOLLAR deposit rates closed little changed yesterday from opening levels. Reuter us$ omt MO 7 day* 6 15/16 6 13/16 1 month 6 7/1 6 3/4 2 inmitht 6 7/1 6 3/4 3 mo»idw 6 IS/16 6 13/16 6 month* 7 3/16 7 1/16 9 momht
      Reuter  -  196 words
    • Article
      Lock icon Jorex markets
      2058 6 Reuter Reuter SINGAPORE: THE US DOLLAR ended higher yesterday against most major currencies in moderately active trading following short-covering by Asian operators in the morning and European traders in the afternoon, dealers said. They said the dollar's bearish tone has not changed, but today s rise was supported
      Reuter  -  2,058 words
    • Article, Illustration
      World interest rates
      170 6 Indicate* th# ivtrtgt oI tt»# prim# l«rxlir>g rtlH OI 12 major banks in S'pora Interbank market rates (offer/bid) on March 29 us$ DM SWFC Y«n 7 4ay 7 ft J/4 j/t I/J J J/1* J/1* u/l-i/i J/i 1/4 1 7/t J/4 11/1* t/i* J J/« 1/4 U/l-l/J
      170 words
    • Article
      Money markets
      53 6 THE OVERNIGHT rate on the Singapore interbank market was unchanged at 3)4 per cent yesterday. Term rates remained unchanged across the board. S$ Interbank rates at 12 noon yesterday: ora nd Omr3 1/4 3 l-n* 3 3/1* 1/1* )hw* 3 3/1* 1/1* 3 mi*! 3 3/1* 1/1* Overnight
      53 words
    • Article
      Government securities market
      88 6 Treat ury bills Period Issue Yesterday's dosing Day's cod* Maturity MO OfRB HK>H LOW 3 iumtltw »Q*****V 23.6.88 2.99 2.94 2.97 2.97 6 mm whs BY*****H 22.9.88 3.06 3.01 3.06 3.03 1 yeor BY*****Z 23.3.89 3.16 3.11 3.15 3.14 Government notes and bonds Period Issue Maturity Coupon
      88 words
    • Article
      Options
      1153 6 CURRENCY FUTURES OPTIONS Tim •day. Mat rrft 29. 1988 DEUTSCHE MARK (SMCJC) Apr LOW SPP Apr pm 54 "*tr l M0I Lot 8*P CA1 55 CAM M CAM 57 CA1 51 2721 50 255 1 5» 1731 160 s to •71 •4 11 19 ISA 19 61 331 21
      1,153 words
  • Page 6 Advertisements
Page thumbnail Page 7
  • BANKING AND FINANCE
    • Article
      DBS Group finance companies trim rates
      200 7 THE TWO finance companies in the DBS Bank group are slashing their deposit rates from today. DBS Finance and its subsidiary, Great Pacific Finance, will lower their common savings rate by 3/8 percentage point to 3-1/8 per cent a year. Interest rates for fixed
      200 words
    • Article
      After-tax profit of CSFB (Asia) falls by 22.4pc
      124 7 TOTAL after-tax profit of Credit Suisse First Boston (Asia), a local-ly-incorporated merchant bank, fell by 22.4 per cent to $3.3 million last year. According to the company's 1987 annual report, operating income amounted to $13.3 million, down from $19.0 million in the
      124 words
    • Article
      Lock icon 'Peso will fall further'
      157 7 Reuter THE PHILIPPINE peso will fall to between 22 and 22.50 against the US dollar by the end of 1968, according to a forecast by the Manila office of US-based Merrill Lynch International Inc. The forecast comes in the latest issue of the Asian Economic Commentary,
      Reuter  -  157 words
    • Article
      Lock icon Japanese banks cutting loans to raise asset returns
      579 7 Reuter JAPANESE BANKERS under pressure to improve low returns on assets for the sake of fairer competition in world financial markets want to sell off some old loans and cut back on new ones to reduce their vast risk assets. The Bank
      Reuter  -  579 words
    • Article
      Lock icon Bank Negara issues new loan rules
      449 7 Bernama ES COMMERCIAL BANKS in Malaysia will from now be required to make new firm commitments to individuals to finance the purchase of at least 75,000 units of newly constructed houses costing Msloo,ooo and less by Dec 31, 1989 At least 45,000 units should
      Bernama ES  -  449 words
    • Article
      Lock icon Record surplus for Taiwan
      84 7 Reuter TAIWAN'S current account balance of payments, buoyed by rising exports, rose 22.3 per cent to a record surplus of U5520.32 billion in calendar 1987 from the previous peak of U5516.62 billion in 1986, the Central Bank said on Monday. A bank official attributed the increase
      Reuter  -  84 words
    • Article
      Lock icon FDIC faces possible first ever loss
      236 7 AP THE FEDERAL FUND that insures deposits in US commercial banks could suffer a loss in 1988 for the first time in its 54-year history, says Federal Deposit Insurance Corp chairman L William Seidman. Speaking in Washington on Monday, he said a loss to
      AP  -  236 words
    • Article
      Lock icon Taiwan set to be largest gold buyer in Asia
      453 7 FT TAIWAN seems set to become the largest buyer of gold in Asia, bullion dealers believe, following the lifting in November of long-stand-ing government restrictions on private trading in the metal. Total purchases this year could well reach more than 200
      FT  -  453 words
    • Article
      Lock icon 'Pressure on the dollar stems from speculative selling'
      623 7 Reuter THE RECENT downward pressure on the US dollar stemmed from speculative selling and has not been that strong, a senior Finance Ministry official said in Tokyo. He expects the currency to stabilise as economic fundamentals in both the US and Japan
      Reuter  -  623 words
    • Article, Illustration
      Lock icon Bank of England governor clarifies policy on sterling
      357 7 FT BANK OF ENGLAND governor Robin Leigh-Pemberton on Monday sought to clarify policy towards sterling by emphasising that the official aim was to promote exchange rate stability as long as it was compatible with efforts to hold down inflation. In evidence to
      FT  -  357 words
    • Article
      Malaysia to host insurance conference
      140 7 AGAINST a background of much debate about the future direction of the Malaysian insurance industry, Malaysia is to host the 14th East Asian Insurance Congress (EAIC) conference in October this year. About 800 top level professionals in insurance from all over the world are expected
      140 words
    • Article
      Lock icon Chinese bank opens specialised subsidiaries
      163 7 Reuter THE PEOPLE S Bank of China has opened two specialised subsidiaries through its Canton branch. The official China News Service said on Monday that Guangzhou Capital Co was the first Chinese company to re-discount commercial bills and engage in short-term fund-raising for financial institutions.
      Reuter  -  163 words
    • Article
      Japan savings tax to free big sums of moneys
      351 7 JAPANESE money is a major factor in world markets. On April 1, it will become an even bigger factor. On Friday, Japan will end a 67-year-old system of tax-free savings for small investors known as maruyu and a potential 300,000 billion
      351 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      54 7 INVESTMENT OPPORTUNITIES IN WESTERN AUSTRALIA If you are looking for good investments, we can provide expert advice and information on Industrial, Farming, Residential and Commercial properties in Western Australia. Interested parties please write or telex to: emas investments (S) PTE LTD 50, Jalan Sultan #20-10 Jalan Sultan Centre Singapore 0719
      54 words
    • Advertisement
      Page 7 Advertisements Column 2
      148 7 Hie Imperial. Hie one place for many pleasures The Imperial can be many things to many people. To food lovers, it offers spicy North Indian delights at the Rang Mahal; authentic Sichuan cuisine 'V** at the Chinatown; exquisite French specialities at the L'escargot; and many western Nibbles Cafe. Hilltop Lounge,
      148 words
Page thumbnail Page 8
  • COMMODITIES
    • Article
      Lock icon Opec's five-member pricing committee to meet on April 9
      246 8 AFP FIVE KEY OPEC countries are to meet in Vienna on April 9 to consider possible ways of stabilising world oil prices, Opec sources said in Paris on Monday. Oil prices have showed signs of recovering from their slump since last
      AFP  -  246 words
    • Article
      KL Tin
      167 8 THE Kuala Lumpur Tin Markat racovarad to doss a cant hlghar at 17.29 cants a kg on ranawad buying damand In quiet trading yaatarday. Turnovar roaa to S3 tonnaa from 46 on Monday aftar strong buying from Europa, largaly dua to starllng'a strangth against rlngglt and aa tha
      167 words
    • Article
      Lock icon Rubber
      282 8 Reuter SINGAPORE The rubber market closed quietly steady yesterday with April 1 RSS buyers quoted at 224.25 cents/kilo, up 0.25 cent from Monday's close, dealers said. Prices opened steady at around Monday's levels and thereafter fluctuated within a narrow range on lack of interest in quiet morning trading, they
      Reuter  -  282 words
    • Article
      Lock icon Palm Oil
      432 8 Bernama ES Reuter Crude palm oil future* on the Kuala Lumpur Commodity Exchange closed higher yesterday in active trading. Prices moved aggressively higher since morning due to the higher overnight chicago soyoil market. News that China was purchasing about 60,000 tonnes of Malaysia's RBD palm olein also boosted
      Bernama ES; Reuter  -  432 words
    • Article
      London markets
      310 8 London Commodity Exchange Buyer/Seller dosing prices on Marc* 28 (£/tonne unlets spedfied). Previous closing prices In parenthesis. Coffee Basis In-store London, sellers option OF London Mor 1110/1115 (1109/1112) High/Low 1115/1105 May 1135/1137 (1140/1141) High/Low 1145/1134 Sales (1635) Cocoa Mar 909/916 (935/945) High/Low nil May 924/925 (957/958) High/Low 957/924
      310 words
    • Article
      Lock icon Venezuelan oil exports rose to US$9.3b last year
      262 8 Reuter VENEZUELA boosted its oil exports to U559.36 billion in 1987, increasing its industry's fund investment which will be used to buy more foreign refineries. Energy Minister Arturo Hernandez Grisanti said in Caracas on Monday. The minister, presenting the annual results of
      Reuter  -  262 words
    • Article
      RAS and MRELB
      240 8 R AS priCOS In t c*nts/kg, FOB In bat« 1 NOON CLOSE Buyon Saltort Buyar* Sstlen In* 1 RSS Prompt 225 50 226. SON 226.00 227.00N lot 1 RSS Apr 88 224.00 224.50N 224.25 224.75 lot 1 RSS May 88 226.00 226 50 226.50 227.00 bit 2
      240 words
    • Article
      SSR and SMR
      84 8 le^nn/kg) APRIL 1988 MAY 1988 (currant month) (forward month) RAS NOON NOON 6vy*n S*U*n lvy*rt S»M>n SS« 20 223 50 225.50N 223.50 225 JON SSt 50 222.00 224.00N 222.00 224.00N MRELB tvyn t H<n lwy*n S*il*rt SM« CV 317.50 319J0N 318.50 320JON SMI I J 19.00 32I.00N
      84 words
    • Article
      Oil and Products
      85 8 BULLISH MOOD continued on good buying interest and tight supply. Closing pric •s for crude (FOB origin) u Top* (Apr) Mine* (Apr) Dutoo* (Mot) W«t T««o» Sl/borrrt Chongt 15.90 «n<h 13.«0 +0.33 14.10 +0.05 WT1 17.10 w* New Yarti daw twaHaw doy. Products (FOB S'por«) Kerosene Oeee*
      85 words
    • Article
      Lock icon Soybean
      236 8 Reuter SOYBEAN valuaa rallied on aggressive buying from C and 0 Commoditiea, both in futurss and call options, with futuree ending 0-3/4 to three centa par buahel higher In moderate trade on Monday on the Chicago Board of Trade. The lata rally puahed all new crop months through contrsct
      Reuter  -  236 words
    • Article
      Lock icon Wheat
      235 8 Reuter WHEAT FUTURES closed on or near the lows on Monday on the Chicago Board of Trade, down 5-3/4 to four cents per bushel. May settled at U552.99-1/2 after posting a 7-1/2 cent range. Initial values were supported by Friday's confirmation that the Soviet Union purchased 475,000 tonnes of
      Reuter  -  235 words
    • Article
      Produce Prices
      239 8 Chinese Produce Exchange S*4l*n' neon doting prlc»» on Mardi 29 (SS/100 kg) Coconut oil Bulk FOB 103.00 Old drum FOB 117.00 Ntw drum FOB 113.00 Copra Mixed (IoomI 59 wHtn Pepper Munfok whit* FOB NtW 1110.00 Sarawak wNt» FOB fog NIW 1095.00 Sarawak ipodal block FOB NLW 802.50
      239 words
    • Article
      Lock icon Texaco makes gas discovery
      89 8 Reuter TEXACO NORTH SEA UK. a unit of Texaco Inc TX, said on Monday that it had made a gas and condensate discovery in block 23/26, located 145 miles east of Aberdeen, Scotland. The well. designated 23/26b-8, in an area known as the Erskine Prospect, flowed
      Reuter  -  89 words
    • Article
      Lock icon Precious Metals
      361 8 Reuter HONGKONG: Gold closed barely changed in active two-way trading yesterday, dealers said. They said gold attracted active buying in early trading on the US dollar's weakness. "But there was not enough follow-through to push it higher," said a local dealer. "So it had to come down slightly
      Reuter  -  361 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      334 8 ADVERTISEMENT ELIMINATING THE US TIRADE DEFICIT Implications for Asia The recent stock market Crash provides clear warning that the stability of the US and international financial system is at risk if America cannot learn quickly to live within its means. But as the US reverses its trade deficit—with a weaker
      334 words
Page thumbnail Page 9
  • ADVERTISING & MARKETING
    • Article, Illustration
      Performance Motors hits on a winner
      586 9  -  By GENEVIEVE CUA PERFORMANCE MOTORS launched the BMW 7 series last year with some trepidation. After all, Singapore had yet to pick itself up from the recession. BMW had three models to spring on the market, with prices then ranging from $216,000 to $407,000
      586 words
    • Article, Illustration
      When three heads are better than one
      858 9  -  By MONICA GWEE NO ONE got rich from this merger. No one made a bundle. The result of the merger between Young Rubicam's two joint ventures with foreign agencies was a three-way arrangement, with the other partners being Dentsu of Japan, the world's
      858 words
    • Article, Illustration
      Baptista Marketing to handle Cross pens
      210 9 CROSS prestige pens will be moving into the fold ot a new marketing company in April this year. Cross, formerly marketed by Moutrie of the Inchcape group, will be handled by Baptista Marketing, a company set up last December by Moutrie's former executive director,
      210 words
    • Article
      Marketing body elects office bearers
      117 9 THE MARKETING Institute of Singapore elected new office bearers at its sth annual general meeting last week at the Amara Hotel. Or Tan Boon Wan. a senior NUS lecturer, was returned to office as president. The office bearers include Ist vice-president Cheong Kun Pui. managing
      117 words
    • Article
      Frances Yip to sing praises of HK for Cathay Pacific
      209 9 IN A BID to sell Hongkong as a tourist destination, Cathay Pacific is getting someone to literally sing the praises of the British colony. The company, in search of a novel way to promote the territory, will be launching a
      209 words
    • Article, Illustration
      New account director for Leo Burnett
      150 9 SINWAN KASLAN, former partner of Spenser, Kaslan Friends, has joined Leo Burnett as account director. Mr Kaslan, who worked with McCann-Erickson for more than 10 years before starting Spencer, Kaslan Friends with Spenser Chan, has wide experience with quick-service restaurants, fastmoving consumer goods and
      150 words
    • Article
      Lock icon WPP takes legal action
      151 9 Campaign NYT MARTIN SORRELL's WPP Group is suing the former directors of its subsidiary, Lord Geller Federico Einstein (LGFE), of conspiring to take business away from the agency prior to breaking away to form their own agency. The charge of "premeditated conspiracy to sabotage" the agency's
      Campaign; NYT  -  151 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      170 9 fL Ti 'Pf Or, Or 9* On Of, V A <><// BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have
      170 words
    • Advertisement
      Page 9 Advertisements Column 2
      162 9 BBDO SINGAPORE As part of our continuing drive to recruit quality people to service an increasing number of blue chip clients, BBDO seek a MEDIA GROUP HEAD This is a new senior position offering the right person good prospects for advancement with one of the world's top advertising agencies. Candidates
      162 words
Page thumbnail Page 10
  • PERSPECTIVE
    • Article
      Training v cost considerations
      277 10 EMPLOYERS will welcome the Trade and Industry Minister s announcement in Parliament on Monday that there will be no change in the Skills Development Fund levy this year. They had hoped to hear this in the Finance Minister's Budget speech early this month but all they
      277 words
    • Article
      Preparing for world of work
      239 10 THE MOVE to release information that can help young Singaporeans better plan their working lives is much needed. The economy gets ever more diverse and new jobs and career opportunities are being thrown up all the time. But young Singaporeans in the schools and the
      239 words
    • Article, Illustration
      A new class of properties arriving
      1285 10  -  Trains move people. They can also move property prices. But, Property Correspondent LEE HAN SHIH reports, the operation of the MRT system will not raise overall property prices in Singapore. It will instead create an elite class of properties which, in a stagnant market,
      1,285 words
    • Article, Illustration
      Lock icon Britain's prime minister shows she still wields the whip
      1001 11  -  Dubbed the 'Iron Lady' and often charged with authoritarianism, Britain's Prime Minister Margaret Thatcher believes she has wrought a revolution, a claim that not even her severest critics would totally dismiss. In this report, MAUREEN JOHNSON examines the Thatcher revolution, her
      AP  -  1,001 words
    • Article, Illustration
      Lock icon Mitterrand, the enigma of a president
      729 11 His aloof manner and his cryptic pronouncements have earned Francois Mitterrand the nickname The Sphinx'. Even after seven years of. leadership, his countrymen still find him a puzzle. The following report takes a look at his political career so far. Reuter FRANCOIS MITTERRAND, who
      Reuter  -  729 words
    • Article, Illustration
      Lock icon Will Hollywood recover its 'Old Tinseltown' glitter?
      890 11  -  By ROBERT REINHOLD NYT A HOLLYWOOD revival is under way and it has nothing to do with old films. Rather, it is old Hollywood itself, the nowtattered urban remains of the once-glamorous movie capital, that is coming back to life in a new
      NYT  -  890 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      63 10 The sales division of Business Times is now located at: Times Industrial Building, Level 2, 422 Thomson Road, Singapore 1129. Tel: 255-0011, Fax: 253-2821, Telex: RS ***** BTAD. Contact persons sire: Kenneth Teo, ext.257 Joe Heng, ext.237 Iris Lim, ext.23B Chia Ah Leek, ext.24o Azman, ext.24l Jarrod Leong, ext.242 Lista
      63 words
    • Advertisement
      Page 10 Advertisements Column 2
      55 10 SINGAPORE $4 A MONTHLY JOURNAL OF BUSINESS TRENDS A tale of three arts festivals Hie National Moseom shows its age Impact of stock maHcet crash Transnational chiefs MNC dream r rOpcny• IPWCf SQT Dwrf revived liif vVIiIKJIII j^vfinpn• VvlrCl 111 LumDGr ana rcnu riwiiuviuvis wiiuf ap L China V Omseto
      55 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      701 10 LETT'S DROP THO FbRmRUITIES PnR. BRisrou)... .my NROTC IS Doßia D-O-R-l -S D-DOLO^eSI O- OLIVIFV..R-ROSp»L|TH.... I -IOTeLDR... s-SYLVANfc.... 6or YOU PHPIV CRLL m£ KlTfeM... IC-1-T-T-6.M k- KlSSft&Le il -IRReSISTpiBL£. rniTTE-N ?7 EVENING STANOAAO CO. LTD, IM3—KM 5 7 CRYPTIC PUZZLE ACROSS 1 As worn in Ruislip, Arkansas. etc (5) 6
      701 words
Page thumbnail Page 11
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1321 11 to aaa aaaa® PM Opening and Progromme Highlights followed by Fashion TV. This week we find out from Stuart Jacobson, author of The Art Of Giving, about some very unique gifts. Also featured are costumes from the epic film, The Last Empwor, Canada's latest evening-wear designer, Romano Keveza; and Liza
      1,321 words
Page thumbnail Page 12
  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Odds stacked against Foreman's comeback
      403 12 UPI GEORGE FOREMAN is either a fool or the smartest person in boxing today. "Mike Tyson has a glass jaw." the former heavyweight champion said recently about the current title-holder. "I think someone is going to knock the guy flat. I think that someone is
      UPI  -  403 words
    • Article
      Lock icon Spinks may retire after the ultimate fight of his career
      183 12 Reuter MICHAEL SPINKS is thinking about retiring after his June 27 fight with heavyweight boxing champion Mike Tyson, the New York Post said on Monday. "I'm not ready to retire, really. but this may be the match for me to
      Reuter  -  183 words
    • Article
      Lock icon McGuigan faces Valdez in return
      101 12 AFP FORMER world featherweight champion Barry McGuigan will face American Lennie Valdez in his long-awaited comeback fight in London on April 20. McGuigan's new mentor, Frank Warren, believes that the 31-year-old should provide the ideal test for the Irishman in his first bout since June
      AFP  -  101 words
    • Article, Illustration
      Lock icon McCumber aims to win Masters
      503 13 UPI FOLLOWING his most important Tour victory, Mark McCumber must be considered a distinct threat to win the Masters tournament in two weeks' time. Mike Reid, meanwhile, holds no illusions about great things to come. He is just happy to have a Masters invitation. McCumber
      UPI  -  503 words
    • Article, Illustration
      Gomer leads British team for DHL Open
      422 13  -  By WALTON MORAIS SARA GOMER, the I.BBm-metre tall top-seeded player from England, who came crashing down in the first round of last year's championships, will be back to spearhead the British challenge in the DHL Singapore Women's Open tennis championships from April 18
      422 words
    • Article
      Lock icon IOC hopes to avoid African boycott of Olympics
      337 13 AP THE INTERNATIONAL Olympic Committee hopes a history of good relations with Africa will help avoid an anti-apartheid boycott of the summer games. The decision to allow an Ail-Star rugby team to visit South Africa this summer is one for the sport's
      AP  -  337 words
    • Article, Illustration
      Lock icon Queensland may cancel Botham's contract
      257 13 AFP THE QUEENSLAND Cricket Association (OCA) is to consider cancelling lan Botham's contract to play for the state at a special executive board meeting. OCA secretary Qrantly Evans said the 20-member executive, including former Australian Test captain Greg Chappell. will meet to discuss an incident
      AFP  -  257 words
    • Article
      Lock icon Baseball unions take higher profile in disputes
      375 13 AP IT USED TO BE that when a baseball player had a grievance, he went upstairs and worked it out with the general manager. Now he calls the union and a year of hearings ensue. "It's pretty clear managements in all sports are
      AP  -  375 words
    • Article
      Lock icon Minorities fill one-third of all jobs
      152 13 AP ONE-THIRD of all baseball job openings in the past year were filled by minorities, says the US Baseball Commissioner's Office. However, baseball still does not have a black manager or general manager one year after Los Angeles Dodgers executive Al Campanis caused a
      AP  -  152 words
    • Article, Illustration
      Lock icon Expert says catamaran unlikely to 'catch wind'
      378 13 Reuter AN AMERICAN EXPERT on yachting law believes there is little chance that San Diego Yacht Club will be allowed to defend the America's Cup in a catamaran if the courts are asked for a ruling. James Michael said in Auckland yesterday that
      Reuter  -  378 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      664 12 4 COURyoiSIERXO-Where to eat, drink... The Szechuan Experience with the Meisan Difference SavxMjr the finest Szechuan cuisine; aromatic, spicy gnurmet creations in an exciting blend of flavours. And discover the exquisite art HjTg MFTCIIM of true enjdNmenr." |r|£lvnll At the Meisan SZ£CHUAN BtSTAUKAm Oiiinitnrh SjriKium Insfivufart* Wiwn Royal Stvrv Singapore
      664 words
    • Advertisement
      Page 12 Advertisements Column 2
      180 12 P^i::sU:sU:sUUU:sUUiUV^3I i I <A Y V Feast on delicious Dian Xin specialties from Guangdong and Beijing. We have an incredible selection to choose from including Shark's Fin ShiLiu Baa Eight Treasures Glutinous Roll. Steamed Chicken Wing Stuffed with Mushroom and Shark's Fin and much more! Daily from 12 noon to
      180 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      450 13 and entertain ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES. w For between $26++ and $40 you can select from our appetiser LjKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses. And finish
      450 words
Page thumbnail Page 14
  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Shares edge lower in lacklustre trading
      4871 14 TRADITIONALLY a slow starter, the Singapore stock market closed on a weak note yesterday. as other major stock markets rose to higher grounds. The Straits Times Industrial Index fell 5.87 points to finish at 919.35, which is a shade lower than the support level
      4,871 words
Page thumbnail Page 15
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Genting International profits drop to A$12.7m
      620 15 MBT GENTING International Ltd. which is 14.8 per cent-owned by Genting Bhd, has announced a group pre-tax profit of A 512.7 million for the year ended Dec 31, 1987 against AslB.B million previously. Chairman of GIL Tan Sri Lim Goh Tong, in a press
      MBT  -  620 words
    • Article
      Business done on the SES
      5807 15 BID and offer 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 "SETT".
      5,807 words
    • Article
      Unit trusts
      350 15 f T T Aanagmrt' prk** or March 30 Singapore Unit T hm Comm%rc9 0 H# Savings fund 0 rust ♦3 099 79 085>d S s s s ft ft ft V ft V 1 pO'« Prog fund 0 por« S#c Fund 0 pO'» lnv#«t Fund 0 QOf Equity
      350 words
    • Article
      Tibs expects no significant adverse effect from MRT this year
      325 15 IN ANNOUNCING its results for last year, Trans-Island Bus Services Ltd which is listed on Sesdaq said it does not expect any significant adverse effect from the MRT this year. The company added that 1987 results were also not adversely
      325 words
    • Article, Illustration
      Metalock gets strong investor support
      457 15  -  Brokers expect oversubscription of at least 15 times By CORRINA LIM DESPITE the recent weakness in the local stock market, Metalock (S) Ltd the first company to be floated this year has received good support from investors. Broking sources say the public offer of seven
      457 words
    • Article
      M Breweries seeks injunction to stop merger
      416 15  -  By ELAINE KOH MALAYAN Breweries Ltd applied for an interim injunction yesterday to prevent Lion Corporation from proceeding with a controversial merger until its suit is heard in the New Zealand High Court. New Zealand-based brewer Lion Corp in which MBL owns a
      416 words
    • Article
      Lock icon Wisma Supreme's buyer revealed
      305 15 MBT SUPREME Corporation has revealed the buyer of Wisma Supreme as Swiss Gold Realty Sdn Bhd. In a statement yesterday in reply to a Kuala Lumpur Stock Exchange (KLSE) query, Supreme Corp did not provide further details about Swiss Gold Realty. However, sources said that Swiss
      MBT  -  305 words
    • LATEST RESULTS
      • Article
        United Engineers
        229 15 DEBT-LADEN United Engineers Ltd sank deeper into the red with an operating loss of $5.69 million for the year ended Dec 31, 1987. This was a 34 per cent fall from the previous year's $4.26 million. An exceptional loss of $2.19 million due to costs over-run in two
        229 words
      • Article
        Eu Yan Sang Holdings
        109 15 HERBAL PRODUCTS maker and property developer Eu Yan Sang Holdings Ltd made a modest improvement at the pre-tax level with an operating profit of $980,000 ($906,000 previously) for the year ended Dec 31, 1987. It attributed this to lower operating costs Profit after tax stood at
        109 words
      • Article
        Ambassador Holdings
        165 15 AMBASSADOR HOLDINGS Ltd's pre-tax losses rose 55 per cent to $4.27 million last year despite a twofold increase in turnover from $5.07 million to $14.84 million. Losses after tax but before extraordinary items also rose but by a smaller margin of 28 per cent from $3.21 million to
        165 words
      • Article
        Tongkah Holdings
        142 15 TONGKAH HOLDINGS has reduced its group pre-tax loss to M 53.415 million for the six months ended Dec 31. 1987 from M 54.113 million previously, thanks to higher crude palm oil prices and and lower interest rates. Group turnover increased by 52.7 per cent to M 55.913 million.
        142 words
      • Article
        Riverview Rubber
        253 15 LIKE THE OTHER plantation companies, Riverview Rubber Estates Bhd had a good year with pre-tax profit up 14 per cent to M 54.26 million for the year ended Dec 31. 1987. After tax, net earnings were some 17.5 per cent higher at M 53.15 million. Riverview said earnings
        253 words
    • Article
      Lock icon Esso Malaysia earned less from petroleum, ammonia operations
      397 15 MBT ESSO MALAYSIA'S after-tax profit from petroleum and ammonia operations last year was slashed sharply to M 539.7 million from the record earnings of Ms7o million in 1986. In a press statement released yesterday, chairman Charles Roxburgh said that unusual mar- ket
      MBT  -  397 words
Page thumbnail Page 16
  • REGIONAL MARKETS
    • Article
      Lock icon Li Ka-Shing negotiating for Expo 86 site
      340 16 AP HONGKONG billionaire Li Ka-Shing has won the right to negotiate the purchase of the provincially owned Expo 86 site, a prime piece of real estate on the downtown Vancouver waterfront, sources close to the talks said. The sources, who spoke on condition
      AP  -  340 words
    • Article
      Lock icon GFW looking for more European acquisitions
      219 16 Reuter AUSTRALIAN FOOD COMPANY Goodman Fielder Wattie (GFW) was looking for more acquisitions in Europe when it detailed on Monday its bid for Dutch bakery firm Meneba NV. The chairman of GFW's board. Patrick Goodman, said: "We have the ambition to have more acquisitions
      Reuter  -  219 words
    • Article
      Lock icon Coles Myer buys NZ retailer from Brierley
      80 16 Reuter RETAILER Coles Myer has bought control of New Zealand supermarket chain Progressive Enterprises from a Brierley Investments unit for NZ5477.5 million. Coles Myer said in Melbourne yesterday that it held 11 per cent of Progressive before the deal with 70-per-cent owned Brierley
      Reuter  -  80 words
    • Article
      Lock icon Hutchison Whampoa profits up 15pc
      74 16 AFP HUTCHISON Whampoa Ltd a key conglomerate in magnate Li Ka-shing's business stable said in Hongkong yesterday that its net profits rose 15 per cent to HKJI.B6 billion (U*****.5 million) in 1987. The firm also recorded extraordinary profits of HK$764 million for the year, and
      AFP  -  74 words
    • Article
      Lock icon ICI Australia buys Williams Holdings paint companies
      69 16 Reuter ICI AUSTRALIA LTO has bought various Australasian paint and chemical companies from Williams Holdings PLC for Asl3o million. ICI Australia. 62.4 per cent owned by ICI PLC. said in a statement it bought the Berger, British Paints and Selleys's brand businesses covering
      Reuter  -  69 words
    • Article
      Kuala Lumpur share prices close mixed
      850 16 SHARE PRICES on the Kuala Lumpur stock market closed mixed in selective trading yesterday as sentiment remained poor, dealers said. The 30-counter New Straits Times Industrial Ordinary Share Index fell 0.93 points to 1500.20. The index had dropped a total of 37.35 points over
      850 words
    • Article
      Stocks close higher
      1416 16 Hongkong HONGKONG share prices closed sharply higher yesterday in fairly active trading on continued buying, mainly by large local investors. brokers said. The Hang Seng Index rose 54.83 to close at 2,521.61. near the day's high of 2,523. The Hong Kong Index climbed 36.47 to 1,652.79. Turnover
      1,416 words
    • Article
      Seoul
      132 16 MAR n WON h Cbeii Sugar OasiiTi Ind ***** ***** uncti 100 Daewoo Corp Daewoo Heavy Daiahin Securities Dong Ah Ptiar Dong Suh Slock ***** ***** ***** leeoo ***** 800 800 300 -350 500 Dongbu steel ***** +900 Gold Star ***** +000 HanH Bank. ***** 100 Hand Cement Hankuk
      132 words
    • Article
      Lock icon Tokyo
      518 16 Reuter SHARE PRICES on the Tokyo market closed sharply higher yesterday due to aggreeaive buying continued from Monday, which marked the beginning of the new stock market fiscal year, brokers said. "It's a new business trading year," a broker at a large Japaneae securities house said. "Everyone haa the
      Reuter  -  518 words
    • Article
      Lock icon Sydney
      465 16 Reuter THE AUSTRALIAN share market closed sharply higher yesterday after good performances on international markets boosted confidence among some Australian buyers, brokers said. Market sentiment was boosted further by a 300point rise on the Tokyo market yesterday. "The local market had a nice healthy correction," one broker said. "If
      Reuter  -  465 words
    • Article
      Lock icon Bangkok
      161 16 Reuter THE SECURITIES Exchange of Thailand Index rose 10.32 points to 390.61 yesterday on a turnover of 11,700,329 shares worth 930.41 million baht. MAM BAMT Ao Kham Thai 190 /yudhya lnv»atmant 474 Bangkok Aground 147 4 unch Bar>gkok Bank 329 -8 Bank 0» Ayudtvya 350 Charoong Thai Wlra A
      Reuter  -  161 words
    • Article
      Manila
      97 16 MAN pesos *h Aco)« Mining Anglo PMI Api* Mining B A tin Con B BaguioGoM Bmc P*tro«*um B*nou« Con B Flr*t PMI HkJg* Lopanto B Marcooo*' 0013 003 23 0 017 71 870 048 090 0 001 uncti -3 unch 1 unch -48 52 -891 Marst*«l Oriental B 0
      97 words
    • Article
      Lock icon Suzuki and Nissho Iwai form joint venture
      150 16 Reuter SUZUKI MOTOR Co Ltd and Nissho Iwai Corp have set up a joint venture to distribute General Motors Corp GM cars and Peugeot SA cars to domestic outlets of Suzuki and Nissho Iwai. a Suzuki spokesman said. The new company, named Suzuki
      Reuter  -  150 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      291 16 v< I JEj! OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP S NAME We, Acmes Bunkering Services Pte Ltd, of No 1 Marine Parade Central #09-06 Parkway Builders Centre Singapore 1544, hereby give notice that in consequence of our intended purchase of the vessel MT BERJAYA DUA, we have applied to
      291 words
    • Advertisement
      Page 16 Advertisements Column 2
      260 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SINGA WOOD CO. PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of the abovenamed Company will be held at Deloitte Haskins
      260 words
Page thumbnail Page 17
  • WORLD MAKETS
    • Article
      Lock icon Dollar sell-off hits stocks
      1076 17 New York Reuter WALL STREET closed mostly lower on Monday in reaction to a sharp sell-off in the dollar and the possibility that further currency weakness would encourage higher interest rates, analysts said. The bond market fell sharply adding further pressure to stocks. The Dow Jones
      Reuter  -  1,076 words
    • Article
      Lock icon Equities open higher
      909 17 London Reuter SHARE PRICES on the London market opened higher yesterday after an early mark-up, encouraged by Wall Street's resistance to downward pressure from a weaker dollar, dealers said. Trading volume was low in the run up to the Easter holiday and is likely to fall further,
      Reuter  -  909 words
    • Article
      Untitled
      1279 17 Selected indices HONGKONG Hongkong Index T uesdoy .652 79 Monday 1.616.32 Week ogo t.***** All Industrials Tuesday 2.2336 Monday 2.208 4 Week ogo 2,281 7 NEW YORK Hang Seng Index Tuesday 2.***** Mondoy 2.466 78 Wee* ogo 2,594 80 Dow Jones Monday .979.77 Friday .978 95 Week ogo 2.067 14
      1,279 words
    • Article
      Lock icon Control Data gets stake
      59 17 NYT THE Control Data Corp will buy a 20 per cent stake in Silicon Graphics Inc. a maker of computer work stations, the two companies said on Monday. Under the agreement. Control Data will pay US$22 50 a share for newly issued shares of Silicon Graphics,
      NYT  -  59 words
    • Article
      Lock icon IBM heads Forbes list of top-value US firms
      446 17 GM has highest sales, says Forbes 500 survey Reuter AP GENERAL MOTORS Corp sold more goods than any other US company last year, according to the Forbes 500 survey released in New York on Monday, but IBM made the most profits and
      Reuter; AP  -  446 words
    • Article
      Lock icon Standard and Poor's lowers its rating of Seagram
      267 17 NYT STANDARD AND POOR'S, a major US credit rating agency, said on Monday that it was lowering its rating of the Canadian liquor giant Seagram Co. Seagram had just spent a total of US$2.l billion to buy two companies the French cognac
      NYT  -  267 words
    • Article
      Lock icon British Aerospace expected to make large loss provision
      232 17 Reuter BRITISH Aerospace PLC is expected to announce a large provision against losses in its civil aircraft division, due to the US dollar's fall against sterling, when 1987 results are reported today, analysts in London said. Lan Wild of securities house Barclays
      Reuter  -  232 words
    • Article
      Lock icon UK government to bail out Rover, says London papers
      157 17 AFP THE BRITISH government is to bail out the state-owned Rover car group to the tune of £500 million (US$9OO million) before selling it to privatised aircraft firm British Aerospace for less than £200 million, the daily Independent reported in London
      AFP  -  157 words
    • Article
      Lock icon Pearson chief expects to buy French daily
      229 17 AFP PEARSON GROUP chairman Lord Blakenham said in London on Monday that the group's purchase of the French financial daily Les Echos is only a matter of time. In February, French Finance Minister Edouard Balladur delayed the purchase after Les Echos and Pearson
      AFP  -  229 words
    • Article
      Lock icon BA foresees alliances as an alternative to mergers
      90 17 Reuter BRITISH AIRWAYS PLC said international airlines will pursue global marketing alliances, rather than full mergers over the next five years. BA's chief executive. Sir Colin Marshall, speaking at an airline conference in London on Monday, said such alliances of- fered a
      Reuter  -  90 words
    • Article
      Lock icon Verdict expected on Guinness action
      153 17 Reuter THE BRITISH PANEL on Takeovers and Mergers said on Monday that Guinness PLC would learn the next day whether it had succeeded in its High Court battle against a ruling by the panel that Guinness was part of a "concert party" in its 1986
      Reuter  -  153 words
    • Article
      Lock icon Quick processing of applications
      72 17 Reuter THE Association of Futures Brokers and Dealers, a self regulatory organisation set up under the UK's Financial Services Act, was processing membership applications as fast as possible so that few would be outstanding by yesterday. The Securities and Investments Board, an umbrella regulatory authority, estimated
      Reuter  -  72 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      119 17 Scalpel...scissors...sutures.. Business Times Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well informed to maximise returns on your money. In the same way a surgeon needs his tools to operate, he needs Business Times to help him make sound investments. Fluctuations in shares, in local,
      119 words
Page thumbnail Page 18
  • Article, Illustration
    Lock icon Malaysia's GDP likely to grow by 5.3pc
    559 18 Bank Negara optimistic about this year's performance Agencies AFTER CONFOUNDING the pundits and posting a 4.7 per cent growth last year, Malaysia's gross domestic product is expected to grow by another 5.3 per cent this year. "The performance of the economy far surpassed
    Agencies  -  559 words
  • Article
    Lock icon KL private, public sectors raise M$9b in funds
    279 18 Bernama ES NET FUNDS raised by the Malaysian public and private sectors through the issue of government and quoted corporate securities rose sharply by 87.1 per cent to M 59,186 million in 1987. Bank Negara, in its 1987 annual report, said these
    Bernama ES  -  279 words
  • Article
    Bank Negara planning to run checks on insurance firms in Malaysia
    131 18 MALAYSIA's central bank will launch an investigation into the affairs of the country's 60 insurance companies once it takes over supervision of the industry on April 1. "The insurance companies will not be allowed to issue guarantees once we
    131 words
  • Article
    Lock icon Umno Baru putting party structure in place
    279 18 Bernama MALAYSIA'S newly formed Umno Baru is moving into gear to formalise its position as Malaysia's premier political party. Malaysia's Deputy Prime Minister Qhafar Baba told reporters in Kuala Lumpur yesterday that all of Umno Baru's 113 divisional pro tern committees had been
    Bernama  -  279 words
  • Article
    Lock icon Vietnamese minister rules out meeting with Sihanouk
    245 18 AFP VIETNAMESE Foreign Minister Nguyen Co Thach yesterday ruled out any meeting with Prince Norodom Sihanouk but said an exchange of letters with the Cambodian resistance leader would be possible "if necessary". In an interview in Hanoi, Mr Thach recalled that former Vietnamese
    AFP  -  245 words
  • Article, Illustration
    Cold Storage wins case against insurance firm
    539 18 THE COLD STORAGE Group yesterday won its case against Overseas Assurance, the insurance company it sued over the cancellation of four policies covering the $50-million Centrepoint project. Overseas Assurance was ordered to pay damages and costs to the Cold Storage Group, which suffered
    539 words
  • Article
    Lock icon Comex gold
    83 18 Reuter COMEX GOLD FUTURES drifted lower on light selling against a firm dollar yesterday morning but the market lacked high-vol-ume traders on the approach of the Easter holiday weekend. April gold lost US$O.2O at U*****.70 an ounce with sellers pulling out at U*****.70 versus Monday's low of U*****.10.
    Reuter  -  83 words
  • Article
    Lock icon Court will not try Jayewardene
    97 18 Reuter A SRI LANKAN court yesterday refused to try a 100 million rupee (US$3 million) suit against President Junius Jayewardene, saying the president was constitutionally immune from any law suit. The petition had been filed by Anura Bandaranaike, leader of the parliamentary opposition, who said
    Reuter  -  97 words
  • Article
    Lock icon South Korean car stocks rise after Gephardt drops out
    271 18 Agencies CAR STOCKS rose on the Seoul Stock Exchange yesterday after Richard Gephardt, who accused South Korea of pushing the local price of an American car up nearly five-fold with heavy taxes, dropped out of the US presidential race. Investors were
    Agencies  -  271 words
  • Article
    Lock icon Legislators fear China may not be equal to world market
    402 18 Reuter CHINA'S plans to compete on world markets are being stifled by timid Communist Party officials and the low quality of the country's goods, legislators at the National People s Congress said. The Economic Information newspaper yesterday reported key complaints
    Reuter  -  402 words
  • Article
    Lock icon Leading index rise shows US not heading for a recession this year
    375 18 AP THE AMERICAN government's chief economic forecasting gauge climbed 0.9 per cent in February, a sharp rebound following several months of weakness after the October stock market collapse. The gain in the Commerce Department's index of leading economic
    AP  -  375 words
  • LATE FILE
    • Article
      Lock icon US intelligence failure alleged
      48 18 AFP AMERICAN intelligence agencies failed to block the purchase by Saudi Arabia of nuclear-capable Chinesemade missiles. The Washington Post said yesterday. It said the fact that the deal went through, in spite of close US-Saudi military ties, "suggests a significant failure of US intelligence".
      AFP  -  48 words
    • Article
      Lock icon Border tension over oil rights
      48 18 AFP NORTH AND South Yemen have maased troops along their common border in a dispute over oil exploitation rights in the region. A newspaper in the United Arab Emirates reported yesterday that each country had sent eight brigades to the Shabwa region. AFP
      AFP  -  48 words
    • Article
      Lock icon Seoul to ease investment rules
      53 18 Reuter THE SOUTH KOREAN government plans to allow local institutional investors to invest in foreign stock markets as a preparatory step to opening the country's capital markets, Finance Ministry officials in Seoul said yesterday. They said the plan was also aimed at reducing Seoul's current
      Reuter  -  53 words
    • Article
      Lock icon Call in Taipei for new elections
      43 18 AFP SOME 3,000 opposition supporters drove through Taipei streets yesterday in a demonstration calling for new elections to replace ageing congressmen, witnesses said. The demonstration was organised by s radical legislator of the Democrstic Progressive Party. AFP
      AFP  -  43 words
    • Article
      Lock icon Chinese foreign reserves rise
      39 18 Reuter CHINA'S foreign exchange reserves at end-1967 rose to U5515.24 billion from U5513.98 billion at endSeptember and US$lO.5l billion at end-1986, International Monetary Fund figures showed. China has not yet published the end-1967 figure. Reuter
      Reuter  -  39 words
    • Article
      Lock icon Nissan threatens to shut plant
      41 18 AFP NISSAN has threatened to cloee its assembly plant at Cuernavaca, about 100 km south of Mexico City, if a labour dispute there persists. The Jspanese company is the second largeet car maker in Mexico. AFP
      AFP  -  41 words
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      58 18 Q^Hpe^(J&mer 70 Anson Road n distinctive w WH jge •fA *■+> 1 ■Mi 'mm M m Joint Sole Leasing Agents Sansin Investment Pte. Ltd. 402 Orchard Rd #06 04 Detfi Orchard Singapore 0923 Tel 235 3324 Fax 732 8450 Jones Lang Wootton 66 ChuHa St #39-03/06 OCBC Centre Singapore 0104
      58 words
    • Advertisement
      Page 18 Advertisements Column 2
      8 18 Bank Nagara laauas naw loan rulaa, Paga 7
      8 words
    • Advertisement
      Page 18 Advertisements Column 3
      162 18 DID YOU KNOW? HILL SAMUEL arranged the financing for Bernardo Bertoluccis award winning epic "The Last Emperor HILL SAMUEL chartered the very first oil tanker, the Murex, through the Suez Canal in 1892. HILL SAMUEL can arrange credit facilities for the purchase of property in Singapore, U.K., Australia, Canada and
      162 words
Page thumbnail Page 19
  • SHIPPING TIMES
    • Article, Illustration
      Timber operators need to improve efficiency
      491 19  -  By JUNE LIM OPERATORS of timber carriers would have to work at improving their efficiency to ensure that they remained in the black with the prevailing charter rates, said a leading timber operator. With voyage charter rates hovering above US$B,OOO for a 26.000-ton-ner and
      491 words
    • Article
      Lock icon Xiamen to become free port by end century
      258 19 AFP XIAMEN, a Chinese coastal city facing Taiwan, aims to become a free port by the end of the century, according to a city government official quoted by the New China News Agency (NCNA). It is the first time that China has
      AFP  -  258 words
    • Article
      NSW working on plans to form separate authorities
      165 19  -  From Kingsley Wood THE FOUR MAJOR New South Wales ports could each have their own port authority under plans being formulated by the new state Liberal government led by Premier Nick Greiner. The Maritime Services Board, which now administers all state gateways,
      165 words
    • PORTSIDES
      • Article
        Lock icon USDA to hold conference in May
        64 19 Reuter THE US Agriculture Department has invited Atlantic and Gulf states port officials to describe their agricultural commodity services at a conference on May 20-22 in Atlanta. The conference, aimed at agricultural trade industry representatives from the United States. Caribbean Basin and Latin America,
        Reuter  -  64 words
    • Article
      CONSORTIA
      163 20 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf. Straits ports/Australia. Straits/Japan and the member lines ACE (FAR EAST/EUROPE): "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 Djakarta Lloyd Nedlloyd
      163 words
    • Article
      Lock icon US helicopter carrier passes through Panama
      118 20 AP THE UNITED STATES Defence Department, breaking its normal silence about US Navy ship movements, said its helicopter carrier Okinawa passed through the Panama Canal on its way to its home port in California yesterday. The department described the movement in a statement as
      AP  -  118 words
    • Article
      Shipmasters in dilemma when taking risks at sea
      894 20  -  A master's life is fraught with risks. However, some are taken in spite of the dangers they pose to life and property. A collision early one morning in the South China Sea prompts CAPTAIN J T MACIEL of the Business Administration, Singapore
      894 words
    • Article
      Lock icon Oil tanker released
      78 20 Bernama A FOREIGN-REGISTERED oil tanker, detained for the last two months for discharging oil pollutants into the sea at Tanjung Piai. Malaysia, has been released after its owner paid MSIO.OOO as compensation to the Johor government. Malaysian State Tour- ism and Social Development Committee chairman Jimmy Low
      Bernama  -  78 words
    • Article
      INDEX TO ADVERTISERS
      941 20 AB Shpg V s ABC Co«»o»ner vw 1 Accord Shpg VI Ahrenk«e' liner XI A»f.co Oceon XN AlHrons VII AC Toepler XI A»«r»con Tpt XN Anro Service IV Arrow lines IX Anon Oceon XI Atlos liA* X ANl 1 APC l*»e V Aft m ASCI HI Bolt
      941 words
    • Article
      Lock icon Sealink wins court injunction to order NUS to cancel strike ballot
      311 20 Reuter THE SEALINK ferry company has won a High Court injunction ordering the National Union of Seamen (NUS) to cancel a nationwide strike ballot. Justice Michael Davies said the union must cancel or withdraw the decision, made on March
      Reuter  -  311 words
    • Article
      Lock icon Reflagging to UK flag does not guarantee naval protection in Gulf
      279 20 Reuter AFP THE UNITED KINGDOM has told Norwegian shipowners that placing their vessels under the UK flag does not guarantee them Royal Navy protection against attacks by Iran and Iraq in the Gulf. The Foreign Office and the Department
      Reuter; AFP  -  279 words
    • Article
      Lock icon India starts programme to rehabilitate lines
      446 21 Reuter INDIA has launched a longawaited programme to rehabilitate private-sector shipping companies threatened by mounting losses "The rehabilitation package includes rescheduling of debt and conversion of part of it into zero-rated bonds and overdue interest on loans into equity." said N C Singhal, managing
      Reuter  -  446 words
    • Article
      Lock icon Overtime ban in Cyprus forces ships to divert
      173 21 Reuter SHIPPING firms using Cyprus as a transit point have been re-routing vessels because of an overtime ban by port workers, shipping sources sa'd. DSR has sent two of its ships to Mersin, Turkey and other shipping companies have also been diverting
      Reuter  -  173 words
    • Article
      Lock icon WEEKLY FREIGHTS
      969 21 AFP THE SHARP rise in rates seen over the past month on the freight market showed some signs of slowing down at the end of the week. After having reached a record level of 1,648.5 points on Wednesday, the Biffex index (Baltic International Freight Futures Exchange) lost ground
      AFP  -  969 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8001 26 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      8,001 words
    • Article
      LONDON FREIGHTS
      1270 27 RATES for grain chartering out of the US tended easier where changed on Monday with US$32 paid from the US North Pacific to Egypt compared with $33.40 late last week, shipbrokers said. Grain from the Gulf to Buenaventura paid $22.50 and a grain cargo was covered from the
      1,270 words
    • Article
      SHIPS IN PORT
      1472 27 AT CONVENTIONAL WHARVES Mejok Seroyo X 03,1600 02 *****0 Mossy Pt*o«n.« 111 X03/I6X 02 04 0700 Vessel Berth Nosonol ioyo 12 X 03 080C 31 03 7300 Arrival Departure KEPPEL WHARVES MARINA WHARVES Johon 2 M4A o'ongs-de X 03 1100 April Arrow King Boikol, P So ber
      1,472 words
    • Article
      Who acts for whom...
      2063 28 A—B AS Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg (S) Aecord Shpg Accord Shpfl (S) Africa Ocean Line# Sealion Shpg (S) Ahrenkiel Lirver Kim Shpg (S) Alfred C Toe pier Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express American President
      2,063 words
    • Article
      Lock icon Lowest number of ships completed in 22 years
      333 30 Reuter WORLDWIDE completions of new merchant ships fell in 1987 to their lowest tonnage level for 22 years Figures published by Lloyd's Register of Shipping said the total number of freighters completed last year was 1,528, compared with 1,634 in 1986 Gross
      Reuter  -  333 words
    • Article
      Lock icon Middle East pipeline links likely to cut demand for tankers, warns Intertanko
      212 30 Reuter PIPELINES planned to link Middle East oil fields to Mediterranean and Red Sea ports could seriously cut demand for tankers, the International Association of Independent Tanker Owners (Intertanko) warned in a report. "This should send a chill
      Reuter  -  212 words
    • Article
      Lock icon Argentina to construct fishing wharf in April
      167 30 AFP ARGENTINA will begin building a fishing wharf in early April with a US$2O million grant from the Japanese government, officials said Antonio Francia and Ricardo Gestaldi president and director, respectively, of the General Administration of Argentina Ports said the wharf would be
      AFP  -  167 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      651 19 TIMES STP Distributors OOCL OVIIQEAS Cottle*** LIWE WW jIrEHNE SHIPPINC AGENCIES (Reg No *****4/ 00K) 200 Cantonment Road #12 05 Southpoint. Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SDN BHD PORT KELANG TEL *****18 Telei No
      651 words
    • Advertisement
      Page 19 Advertisements Column 2
      119 19 [KMD3 RISK-TAKING is very much part of a shipmaster's life and these are generally taken after carefully weighing the pros and cons. A case, heard in a Singapore court, involving the collision between two ships in the South China Sea in October 1 980 highlights how risks were taken even
      119 words
    • Advertisement
      Page 19 Advertisements Column 3
      759 19 xV V 0.0 0 TIMES S N. STP Distributors sTI C goc^ MAERSK LINE 1 A NEW STANDARD IN SERVICE A BETTER WAY TO OAKLAND SIN OAK— 17 DAYS! LPK OAK— 23 DAYS! PEN/ OAK— 22 DAYS! (FeeOe* from! Port Vo, Spor. KMng FW>g This *ee» And'es M Clos<ng Time
      759 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      593 20 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST, DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT BREMER- R DAM/ VOY NO HAMBURG ANTWERP LE HAVRE TOKYO BAY KURAMA MARU RHINE MARU TOKIO EXPRESS KOWLOON BAY THAMES MARU
      593 words
    • Advertisement
      Page 20 Advertisements Column 2
      18 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapofe National Shipping Association iiiwyji.i
      18 words
    • Advertisement
      Page 20 Advertisements Column 3
      296 20 CHARGEURS REUNIS SING JPnBE E NOUtPIF S *****44 FAX 22SM5' Optorg Shipping Pte. Ltd Port «eljng *****01/2/3 Jaya 7t>7St>o3 Penang *****5 EL M A EVPRES&LINtASMABi' VAS ARGFNTINAS (ARGENTINE NATIONAL LINEI CENTS SINGAPORE TEL 222*111 TELE* RS2IS*) f*< 22SS#51 Anglo French Shipping MALAYSIA MISC AGENCIES DN B O PK 36*5753 PEN
      296 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      963 21 A'W P&O Containers COHTAINERSHIP SERVICE TO UK/CONTINENT: Also Accepting Cargo For: HM*ur| to Coqonhafwv Aarhul Gathonlwrt. "almo. Stocthotm. ttotunki, Rotterdam to Antwp, Arotontam. Otto. ton*. Zurich irMMihnw to IrHM Southampton :to all UK tatinatnra. Mint and DuWin CONT AINERSHIP SERVICE FROM UK/CONTINENT: Calling Kate. Tokyo t Sfcimiiu Cillinf Kobe. Nafoya.
      963 words
    • Advertisement
      Page 21 Advertisements Column 2
      603 21 S? c SAV r.in\i Sudi Cjnj do V JDC/rs S >5 TO/FROM CHILE FIEDC* VESSEL S POKE MOTHER VESSEL MK UK* IQQ /LNTOf VALP SAI csav i m Noau nM mm m an m CSAV 2 14* CiUI CARRIE* TO*- 2*5 US IK CSAV 3 U* VESSEL 7W U ID
      603 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      380 22 mm ■SS HSINOSE MARITIME PTE LTD M ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore IRAN EHSAN IRAN TEYFOURI Loading lor BANDAR ABBAS BANDAR ABBAS KYOWA LINE PNC/S. PACIFIC SERVICE Singapore Loading for: A VESSEL 21/4 LAE, PMB. RBL, HRA MICRONESIA SERVICE OCEANIA EXPRESS V-12 13/4 OCEANIA EXPRESS V-13
      380 words
    • Advertisement
      Page 22 Advertisements Column 2
      877 22 MS LINE mm SMtnm co»n** ">* FULLY CONTAINERISED SERVICE KOREAN JACEJIN 43W QUEEN'S WAY BRIDGE 2* SEVEN SEAS BRIDGE 65W KOREAN CHANCE 36* ACE CONCORD 14W ORIENTAL CHIEF 59W r fROM [JROPE VIA SUEZ I Mfmbf ol <ct ConswUum ACE CONCORD 13E ORIENTAL CHIEF ME NEPTUNE DIAMOND 74E KOREAN JACEWON
      877 words
    • Advertisement
      Page 22 Advertisements Column 3
      310 22 fA FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO CHITHeOHG: SAILING 8/4 11/4 EURO-AFRICA LINE FOR: PORTO, LISBON, ORAN, BILBAO MADRID. MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS. VALLETTA, IRUN, CEUTA, ALGIER ISTANBUL U.S.A. PAPUA NEW GUINEA PORT MORESBY, RABUAL, LAE MADANG NEW CALEDONIA FIJI ISLANDS NOUMEA 4/5 SUVA/LAUTOKA
      310 words
    • Advertisement
      Page 22 Advertisements Column 4
      986 22 a EVERGREEN r Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GOLDEN IK M *4 10 4 I*4 15/4 17/4 V 5 EVER GUARD IM I*4 Uff Uff a/4 22/4 2*4 1M EVER GROWTH 14/4 1M 20/4 22/4 25/4 27/4 21/4 17/5 EVER CRANO 21/4 27/4 21/4 3*4 J/5 M *5 10/5 EVER
      986 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      877 23 il ¥'!>'■ I TH T J—LLL 5S W PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL GOWA KOTA EAGLE MAJAPAHIT KOTA SINGA 15/4 IS/4 30/4 S/5 13/5 17/5 4/4 JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE SIN SBV SMG SLD 31/3
      877 words
    • Advertisement
      Page 23 Advertisements Column 2
      482 23 irjn BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN JEBSEN NEW ZEALAND LINE TO NEW ZEALAND, NEW CALEDONIA FIJI AND SODTH PACIFIC ISLANDS JEBSEN SOUTHLAND 22$ SIN NOUMEA AKL ANANGEL LEADER VOY 8S
      482 words
    • Advertisement
      Page 23 Advertisements Column 3
      460 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDEM IWOWESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES •i IrfAJil;^|iD3M,{i)J: KUTAI/14WB L.J BONTANG/14WB SPORE BILBAO ANTWERP H'BURG/ RDAM ADAM BREMEN 12-15/4 16/5 21/5 I 6-8/5 13/6 16/6 Subfacl to Inducement Also accaptlng cargo to Casablanca. Port
      460 words
    • Advertisement
      Page 23 Advertisements Column 4
      489 23 BOUSTEAD SHIPPING AGENCIES J* MERGUI VB3W PAGAN VI26W PA AN VI23W BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon 'pore P.Kelang Penang Bangkok Spore 31 tort Apr 4« Apr »|U Apr HTONErWA V234W 15(17 Apr BANK LINE SEMI-CONTAINER SERVICES NORTHBOUND TO UKC IVYBANK V2IN TAUSALA SAMOA VI2N
      489 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      1392 24 V L K"LknE SHIPPinG-DRTR E®B 23 Apr 3 May 30 Apr 10 May 7 May 17 May flTLflriTiC COAST (Round-The-World Service) •PK/PNG SPORE LB CHLS NFK NYC HFX ORIENTAL FORTUNE V 8 Sid 31 Mar 23 Apr 3 May 5 May 7 May 11 May NEPTUNE JADE Vl2 3 Apr
      1,392 words
    • Advertisement
      Page 24 Advertisements Column 2
      746 24 '/Ie INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Support P Helan| Penang Loading for Moth*- Vsi B. Feeder By feeder Mother Vsl SO TRIPURA V34H Apr RAVIDAS V WH 6 Apr INDIAN COURIER V 2»N 10 Apr S 0 ANOHRA PRADESH V ]7Hlt Apr INDIAN COURIER V lON 5 May
      746 words
    • Advertisement
      Page 24 Advertisements Column 3
      723 24 GOLDEN LINE GUM GUAN SHAPING (PTE) LTD 71 Talat Avtf StrMt SINGAPORE 0104 TEL SMnd (10 LINES) Fit U43SW STRAITS/PERSIAN GULF SERVICE: GOLOCN WONDER Colombo Kinctn DuDu GOLDEN BEAR Krichi Dubn Dimmirr CHINA SERVICE A VESSEL SMnghi. Hjinnjng MINFU Hurngpu Shmghii S'lKxe P Keting Pening fit Apr 24/2$ Apr 15,16
      723 words
    • Advertisement
      Page 24 Advertisements Column 4
      516 24 PHILI Oni€NT LIN€S PT€ LTD HEAD OFFICE 63 HOUNSON ROAD '07 1? AfRO ASIA BUILDING SINGAPORE 0106 TELEK RS ***** PHIII FAX 2?SW>76 MIDDLE EAST/FAR EAST FCL LCL SERVICE vcssa. H KONG KOBE KfEIUNG. MANILA. BANGKOK. TOKYO. COLOMBO. KARACHI. BOMBAY EAST AFRICA MEDITERRANEAN SERVICE LATTAKIA. BENGHAZI TRIPOLI ALEXANDRIA. PORT SAID
      516 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      794 25 \\NEPTUNE ORIENT LINES LTD K StRiEM:! FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A mimbtr of lh« ACE Consortium NEPTUNE ACENCIES PTE LTD FE EU/AUST TPA/SEA Terminal CFS BOOKINGS *****53 27*5742 *****22 *****53 27*111 27*1» 27*111 27*140 NEPLINE SDN BHD 360N07 INWARD OUTWARD NEPLINE SDN. BHD 2****** ENQUIRIES *****44 NEPLINE SDN BHD
      794 words
    • Advertisement
      Page 25 Advertisements Column 2
      414 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P. KELANG. PENANG. BUSAN. INCHON CALLING INCHON DIRECTLY ON 11/04 CALLING INCHON DIRECTLY ON 1405 S PORI AG!NTS NfPTUNf A&fNCIIS PTE UD Tet 2/901/17/901/17/***** 2/7/SlO ?71ffl/7 (Oprrat.ons) ?m?M (luminal) jmtio iwM (CfS) MAt AYSIA AG!NTS lUN AS SITIA SDN BHD Kl
      414 words
    • Advertisement
      Page 25 Advertisements Column 3
      845 25 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 ***** PENANC P KELANC MESSRS HAI THONC SHIPPINC W Penang Strict. Penang, Malaga M S HANDLING SYSTEM CO
      845 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      442 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 >30 lines UX *****39 ***** 1 6 TELEX RS ***** A B SSCVA RS ***** A B SSCAO Vtß DEUTFRACHT/SEEREEOEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE •VIA COLOMBO Accepting cargo for INDIA Bombay. Cochin. Madras Calcutta —VIA LARNACA Accepting cargo for Lattakia. Piraeus.
      442 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      141 26 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: *C yA W Wind direction with speed m knots Wave height R Thunderstorm Temperature c Shower Weather Wmd direction with speed m I Rom Wave height Cloudy Sky Surface winds ore mdicoted by orrows which fly with the wind
      141 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      928 27 WAREHOUSING TRANSPORTATION Weekly consol at our CFS to Far East: Bangkok, Hongkong, Keelung, Kaoshiung, Manila Australia: Sydney, Melbourne, Brisbane, Fremantie USA: Los Angeles, San Francisco, New York, Oakland WAREHOUSING A TRANSPORTATION PTE LTD 44 Benoi Road Singapore 2262 Tel: *****60, *****24 Tlx: RS ***** Fax: *****97 Tatsumi Marine I DIRECT
      928 words
    • Advertisement
      Page 27 Advertisements Column 2
      197 27 as^a UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. 0 c n a n J mil mjjjf j —JI m i>i—ltfjj o_£i3jvu//j Algerian National Line FAR EAST/ MEDITERRANEAN SERVICE S PORE LOADING FOR MV AIN OUSSERA m Pt alger. oran. ANNABA. TUNIS ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heavy Lift
      197 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      578 28 m FINE-LINER SHIPPING PTE LTD <'0 Shenton Wiy 04 07C M irini Hojse. Spore 0707 TEL *****7/ (i lines) TLX RS 77W1 TUNER EAX *****% EUROPE SERVICE TBN I 5(4 127 4 in.4 I 1,5 I 1/5 55 TBN ***** Iff |as 135 |IS/5 |I7S FAR EAST SERVICE V 4
      578 words
    • Advertisement
      Page 28 Advertisements Column 2
      530 28 ZIM FULL CONTAINER SERVICE »ctep«inj FCL LCL cargoes to US* Ei»t t Weil Coast. Cjrribbejn Eiit Canada HAITI Costa Rica El Salvador Guatemala Honduras Venezuela Peru. Ecuador. Colombia via Miami. Trinidad Barbados. Antifua St Lucia. Montserrat Guayana via Kingston f1.y.1l 'MI."irTT—TTMTiMTV"7JT'ra b < ZIM PUSAN 114 ZIM LIVORNO 4/4 ZIM
      530 words
    • Advertisement
      Page 28 Advertisements Column 3
      506 28 Everett Lines! I COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P Kelang* Singapore MANOLOEVERETT ft/9 Apr JOHNEVERETT 22/23 Apr MURRAYEVERETT 3/4 May ORIENT LINE" JAPAN/BAY OF
      506 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      74 29 LAi t ESPRIT CHINA CONTAINER LINE CHINA WEEKLY LCL/FCL SERVICE TO: DAILY TRANSIT BY ROAD TO SHENZHEN, GUANGZHOU, SHANTOU. ALSO OTHER IN LAND DESTINATIONS VIA HONG KONG FIXED WEEKLY CONSOLIDATION TO HONG KONG MANILA BANGKOK KEELUNG KOAHSIUNG JAKARTA AGENT: INTEGRA SHIPPING PTE LTD TEL: *****33 FAX: *****22 Panca Sabda Maritime
      74 words
    • Advertisement
      Page 29 Advertisements Column 2
      70 29 Ngship Agencies T«l«p*oo« *****43. *****90 *****74 T«I«I RS ***** FAX *****69 AB NGSHIP BREAKBULK CONTAINER SERVICE TO CHITTAGONG. INDIA TAIWAN YOU Yl 9 ZHEN XING SHANTOU HUANGPU I P. T. GESURI LLOYD CONVENTIONAL SERVICE TO USA PORTS DESTINATIONS LOS ANGELES VANCOUVER WASH VANCOUVER BC PORT AU PRINCE HOUSTON NEW ORLEANS
      70 words
    • Advertisement
      Page 29 Advertisements Column 3
      553 29 SING KWJtNfi HANG LCL/FCL SERVICE A VESSEL SINGAPORE 11/4/88 Also Accepting c«rgo to KEELUNG, KAOMSIUNQ, r hong konq. p. kelano, busan japan E. MALAYSIA BRUNEI PORTS ViiXk :V .1 W.''-ll.'. TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST Uii'KU LUCKY SEAWAY SERVICES PTE LTD Tlx: ***** Fax: *****77 S.E.ASIA/CHINA SERVICES
      553 words
    • Advertisement
      Page 29 Advertisements Column 4
      566 29 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SP PKL PN BLW KAOH GLORY SELATAN VIII SW 9/3 GLORY SELATAN IX V 66 Sid 18/3 GLORY SELATAN V 303 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN
      566 words
    • Advertisement
      Page 29 Advertisements Column 5
      433 29 PTC CONTAINER LINES FCL/ICI SERVICE PIC GfVOUP SIN FAR EAST 3/4 KEELUNG/KAOHSIUNG 2/4 BANGKOK 13/4 MANILA 2/4 JAKARTA 2/4 PORT KELANG/PENANG 11/4 BUSAN 7/4 TOKYO/YOKO/KOBE 1/4 HONG KONG also accepting cargo to Huangpu'Shenzhen/Fuzhou Xiamen/ Xingang, Shanghai SIN EUROPE 1/4 RDM/HAM/ANT/LE HAVRE/GENOA SIN USA/CANADA 3/4 L.A./NYC/SFO 3/4 VANCOUVER/TORONTO/MONTREAL SIN AUSTRALIA/NEW ZEALAND
      433 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      371 30 Hai Sun Hup Co (Pte) Ltd r EL *****06 (20 Lines) TLX RS ***** RS ***** fc. I \SII R\ CAR I INI R. I II). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS •Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN CHINESE PORTS. SUBJECT
      371 words
    • Advertisement
      Page 30 Advertisements Column 2
      493 30 for reliable and fast transit WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/HEXICO AND FRENCH WEST INDIES VSL I Spore I LtHavrt 1 Connecting VSL MiaiS^'lilobil*, b suria VOB2 4/4 a/4 *TL CARTitR N Orleans, SELANDIA V 092 11/4 2«/4 STUTTGART EXP /lilpjirn TOYAMA VlO2 \H* S/S NUERNBEG ATI Vera Cru: Mexico
      493 words
    • Advertisement
      Page 30 Advertisements Column 3
      240 30 I REGULAR TSR SERVICE TO I KABUL/HAIRATONfrOR6|IB*H/E.BLOC WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK MHOH-MM MM (I) PTC LTD Tel: *****88 (8 Lines) Tlx: RS ***** JUNO SHIPPING PTE LTD TEL *****55 (3 LINES) TLX: RS ***** FAX *****14 TIMBER/BREAKBULK SERVICE RANGOON S PORE BKK HKG KEE QINGDAO LATANGAN
      240 words
    • Advertisement
      Page 30 Advertisements Column 4
      822 30 CALL US ATr P KELANG "*r~~" PENANG jV J BAHRU www.v.4 P. GUDANG mMm SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4 *****3 07-*****8 07-*****3, *****5. *****0, *****1 >02-*****22 *****88 EEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B BUTANG 431 B BUTANG 433 B BUTANG 435 B BUTANG 437 P KELANG MTHR
      822 words