The Business Times, 19 April 1988

Microfilm: NL16127
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, APRIL 19, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    253 1 AFP Dow Jones lower WALL STREET stocks traded lower early yesterday. Brokers said blue chips picked up support at the 2,000 level. But stocks were pressured by the threat of higher oil prices and rising inflation. The Dow fell 11 points to 2,002. Declines led gains by
    AFP  -  253 words
  • Article, Illustration
    Tokyo, HK down sharply
    194 1 INVESTOR SENTIMENT took a turn for the worse in the region's major markets yesterday, weighed down by worry as to whether Wall Street can get back on its feet after plunging 101 points last Thursday. Share prices on the Tokyo stockmarket fell sharply in moderate trade.
    194 words
  • Article
    British pound up, US dollar down
    139 1 THE BRITISH POUND yesterday continued its sterling performance against most other currencies, including the Singapore dollar. In contrast, the US dollar fell further, as traders were reluctant to hold dollars following last week's announcement of the big-ger-than-expected February US trade deficit figures. In Tokyo
    139 words
  • Article
    Lock icon Thai premier sets date for no-confidence debate
    366 1 AFP THAI PRIME MINISTER Prem Tinsulanonda has set May 9 as the date he will face his first no-confidence debate in Parliament since taking office in 1980, House Speaker Chuan Leekpai said yesterday. Mr Chuan said Mr Prem had rejected the opposition s
    AFP  -  366 words
  • Article, Illustration
    Local firm achieves a first in Aids diagnostic system
    580 1  -  Life Technologies applying for a patent from US and UK By GENEVIEVE CUA A SINGAPORE COMPANY has developed a mass Aids diagnostic system that could set world standards in the number of patients it can test simultaneously, its safety, precision and
    580 words
  • Article, Illustration
    Local companies to get a share of work
    258 1 THE NEW Aids diagnostic system developed by Life Technologies will be manufactured in about two months and "a fair amount" of the work involving some assembly and components will be farmed out to local companies. The process would be a form of
    258 words
  • Article
    Lock icon Brent hits 4-month highs
    106 1 Reuter THE PRICE of North Sea oil hit four-month highs yesterday after fresh hostilities in the Gulf. Brent, the most widely-traded blend on the free or "spot" market, traded more than 50 cents a barrel higher than last Friday's close at U5517.60 a barrel for June
    Reuter  -  106 words
  • Article
    Lock icon Soviet pullout signals hope, says Prem
    108 1 AFP THE SOVIET pullout from Afghanistan signals hope for a withdrawal of Vietnamese troops from Cambodia, says Thai premier Prem Tinsulandonda. Mr Prem made the statement during talks with Soviet Deputy Foreign Minister Igor Rogachev at the end of the latter's five-day visit to
    AFP  -  108 words
  • Article, Illustration
    Shell will be satisfied with a 40pc stake in petrochem complex
    483 1  -  By MARTIN SOONG SHELL SINGAPORE chief Dick van Hilten says the Anglo-Dutch oil major would be satisfied with a 40 per cent stake in Singapore's massive $2 billion petrochemical complex, but would prefer the entire half of the government's
    483 words
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      79 1 Nikon The World's Finest PhotogrsphiL System Full report, Page 14 Regional Markets, Page 16 't I *5 11 I IVfl/TE TRACK. IT GOES A LONG, LONG WAY A Extra tough, extra smooth B tungsten carbide ball W Continuous smudge-free M writing all the way W Available in fine point Comes
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      Page 1 Advertisements Column 2
      368 1 Developers looking up again THINGS ARE BEGINNING to stir in the offices of several well-known property companies in Singapore. Over the last few months, plans were being made or remade to reactivate some megaprojects which have been dormant since the property slump in 1984. See page 10 for the reasons
      368 words
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      Page 1 Advertisements Column 3
      14 1 Via! minister arrives in KL, Pag* 18. Rumanian praaidant maata Viat iaadar, Paga 4
      14 words
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      Page 1 Advertisements Column 4
      269 1 Nikon The World's Finest Photographic System Exports in March increased 30pc Back Page Access to your new home was never so easy. At Hongkongßank. our Home Access Loan can make your dreamhome a reality. Get free expert advice Call the Access Team for advice and assistance. No strings attached. Plus
      269 words
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  • HOME NEWS
    • Article
      TDB advisory team on Indian trade defines aims
      478 2  -  By HARISH MEHTA AN 11-MEMBER advisory group set up by the Trade Development Board (TDB) to boost trade with India held its first meeting last Tuesday and has defined its terms of reference. Mr Lee Ying Cheun, the TDB's deputy chief executive
      478 words
    • Article
      Top-level seminar on Indian engineering products
      326 2 SINGAPORE'S trade links with India are to receive a boost this week at a high-powered semi-nar-cum-catalogue show on Indian engineering goods and services. Organised by the Indian Engineering Export Promotion Council (EEPC), the event is co-sponsored by Singapore's Trade Development Board, the Indian High
      326 words
    • Article
      Japanese look to S'pore as base, says consultant
      277 2 SINGAPORE is increasingly being viewed as a regional base by Japan, as more Japanese companies establish offices in the Republic. according to a management consultant. Mr Takahiro Oishi, a consultant with the Tokyo office of management consulting firm Egon Zehnder, said at
      277 words
    • Article
      US official notes rise of nuclear energy
      293 2 US ENERGY SECRETARY John Herrington expects nuclear energy to revolutionise energy generation in the Pacific Rim countries by the turn of the century. The growth of the technology in Japan, South Korea. Taiwan and China is such that the US may end up
      293 words
    • Article
      Omni-Theatre closed for function
      27 2 THE SCIENCE CENTRE'S Omni-Theatre will be closfff today from spm for a private function. The last show fcfr the day is at 4pm.
      27 words
    • Article
      Five at Beecham asked to resign
      276 3 FIVE technicians of Beecham Pharmaceuticals have been asked to resign following an investigation into a failure to follow laboratory test procedures in the production of penicillin. Three others were disciplined by an investigation committee, which has just completed its work. The committee of seven
      276 words
    • Article
      Seminar on Japanese tourists
      85 3 A TWO-DAY SEMINAR aimed at upgrading services for Japanese tourists will be held on Thursday by the Asean Promotion Centre on Trade, Investment and Tourism (Asean Centre) and the Singapore Tourist Promotion Board. The main aim of the seminar, to be held at the Hyatt, is
      85 words
    • Article
      Korean companies expecting big jump in trade with Singapore
      857 3  -  By LILY FERNANDEZ MAJOR South Korean companies in Singapore have projected a big jump in bilateral trade this year in anticipation of a surge in demand for their products. Although these companies trade in electronics and electrical products and components, textiles,
      857 words
    • Article
      Nine ex-detainees say they had been ill treated
      410 3 NINE OF THE 22 people arrested last year as Marxist revolutionaries said yesterday that they had been illtreated by Internal Security Department (ISD) officials, and forced to make televised confessions under duress. The allegations, made public for the first time in Singapore,
      410 words
    • Article, Illustration
      Machines to cut queues
      203 3 IN A BID to lick the problem of long queues. Telecoms is introducing postal label vending machines today. At a press conference yesterday, Mr Lee Shin Koi. assistant general manager of Postal Services, said the machines would not only cut down queueing time for those buying
      203 words
    • Article
      Arts advisory council members named
      246 3 FOURTEEN people from the private and public sector have been named members pf the Advisory Council on Culture and the Arts, headed by Second Deputy Prime Minister Ong Teng Cheong. Announcing the names yesterday, the government also spelt out the terms of reference of the
      246 words
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      139 2 "> V «C art k w i m f ■W §£f F W IK V w. i w I V mm. zpw ~.^1 "vr-j Ky *»«J BW A SUPREME PA I R You re looking at just two models in the Supremo line of office chairs from Diethelm. Featuring slim
      139 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      111 2 wm w// Singapore 18/10 Cloudy 13/08 Cloudy 31/22 Cleor 34/26 Cloudy 29/24 Cloudy 15/03 Cloudy 18/10 Cloudy 10/02 Cloudy unov 24/15 Cloudy 18/08 Cloudy 23/15 Showtn 17/04 Cloudy 16/04 Cloudy 18/07 Cloudy unov 20/01 Cloudy 22/12 Cloudy 18/07 Cleor unov Clear 05/03 Cloudy 16/07 Fin. 24/21 Cloudy 31/20 Clear 38/20
      111 words
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  • Page 3 Advertisements
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      32 3 SHANGRI-LA INTERNATIONAL IN BANGKOK WHERE ELSE BUT THE SHANGRI-LA Shangri La hotel SHANGRI LA INTERNATIONAL: 'SINGAPORE23S 1311 BANGKOK (2) 236 7777 HONG KONG (5) 810 7782 KUALA LL MPLR (03) 230 624*
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      Page 3 Advertisements Column 2
      302 3 Corporate Electronic Banking. Hexagon. Worldwide, 24-hour financial control. s? s 4 Jf* 5^ S > >• v» mmm SSSSfc?^?!*.? s is ?».J- KM! f. ■>■■* jTVv-*, s&SMI. K Si 1 *•> >• Hexagon Corporate Electronic Banking m mm-mt •<* i wmmem v: Managing your company finances to their best advantage
      302 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Chinese-Japanese relations generally good, says Wu
      483 4 Economic disputes remain serious irritants AP CHINA s newly-named Vice-Pre-mier Wu Xueqian has said that Chinese-Japanese relations on the whole are good, but warned Japan that a controversial court case and economic disputes remain serious irritants. The official Xinhua news agency said yesterday that
      AP  -  483 words
    • Article
      Lock icon Zhao repeats summit offer
      218 4 AFP CHINESE Communist Party leader Zhao Ziyang has renewed the conditional offer of a summit between China and the Soviet Union, it was reported. Chinese leader Deng Xiaoping is prepared to meet Soviet counterpart Mikhail Gorbachev in the Soviet Union if Moscow ends its support for
      AFP  -  218 words
    • Article
      Lock icon Desperate farmers looting fertilisers
      225 4 Reuter GOVERNMENT mismanagement, rampant corruption and soaring demand have led to serious shortages of fertilisers in China. The People's Daily said on Saturday that 12 peasants were killed and more than 80 injured between last June and August in fertiliser looting incidents by farmers in the
      Reuter  -  225 words
    • Article
      Lock icon Fujian to favour Taiwanese investors
      120 4 AFP CHINA'S coastal province of Fujian. which faces Taiwan, will provide preferential terms to businessmen from the Nationalist Chinese island. The official New China News Agency (tJCNA) said last Sunday a provincial government report on the move has been approved in principle by the State
      AFP  -  120 words
    • Article
      Lock icon China's retail prices still on the upsurge
      378 4 AP RETAIL PRICES in China's main cities continued to soar during the first quarter of this year, with Shanghai residents forced to pay almost twice as much for vegetables as last year. The official China Daily newspaper reported yesterday that retail prices in
      AP  -  378 words
    • Article
      Lock icon Rumanian president meets Vietnamese leader in Hanoi
      299 4 Reuter PRESIDENT Nicolae Ceausescu of Rumania, who has sought a mediating role in the Cambodia conflict, has conferred in Hanoi with Vietnamese leader Nguyen Van Linh, Radio Hanoi reported. The broadcast yesterday said Mr Linh received Mr Ceausescu, on his second tour of
      Reuter  -  299 words
    • Article
      Lock icon Plan for better Aussie-Indon defence ties
      151 4 Reuter AUSTRALIA and Indonesia have started discussions aimed at upgrading their defence links, a defence ministry spokesman in Sydney said yesterday. The first round of talks, held in Jakarta last week, focused on "a more broadly based and flexible pattern of activities, rather than
      Reuter  -  151 words
    • Article
      Lock icon Taiwan to resist pressure for further currency appreciation
      427 4 Reuter TAIWAN will resist pressure to appreciate its currency while trying to reduce trade surpluses with the United States and other trading partners, senior government officials said. "We don't think now is the right time to discuss an appreciation of our currency
      Reuter  -  427 words
    • Article
      Lock icon Taiwanese opposition seeks separate state
      341 4 Reuter TAIWAN'S main opposition party risked open confrontation with the government on Sunday by passing a resolution that stopped just short of demanding independence for the island. The resolution by the Democratic Progress Party on the final day of a national convention headed off a
      Reuter  -  341 words
    • Article
      Lock icon Blast in Pakistan destroyed Afghan-bound arms, says report
      229 4 AFP THE EXPLOSION at Pakistan's Ojhari ammunition depot last week destroyed more than 75 per cent of arms flown in by the US Central Intelligence Agency in a last-minute arms build-up to aid the Afghan rebels before the Soviet troop withdrawal, according
      AFP  -  229 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1047 4 ARRIVALS j Operator Service Local From numbei time CAL CI341 0155 TPE NCA KZ205 0215 NRT UL UL455 0255 NRT FT FT75 0315 jfk/dfw/iah/ ORD/ANT /kjPT JAL MNL/TPE JL617 0340 TYO CAL CI333 0405 TPE MAS MH603 0620 KUL AC AC584 0725 YYZ/YHZ/ MAS BRU/DXB MH640 0820
      1,047 words
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      124 4 43* *m2r' —T Roast Duckling for Two just for you. At only $22.50 per person. Our special for April is Roast Duckling for Two, carved with an expert hand at your table side, served with a rich Rum Sauce, Young Ginger, Buttered Brussel Sprouts, Young Corn and Dauphinoise Potatoes. Complement
      124 words
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      57 4 *I V Ji fI 1/ The business person's chotce. every I I If I II T uesday, Thursday. Saturday and I Mm Ml \l V M Sunday. Leaving Ctxjngi Airport at J- -L- 22.05 hours and arriving at Lester B Pearson Internationa! Airport the following day Call vour Travel Agent
      57 words
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  • REST OF THE WORLD
    • Article
      Lock icon Stronger US growth, higher inflation expected
      474 5 Reuter THE US economic outlook has shifted abruptly from steady growth and low inflation to a riskier prospect of strong expansion coupled with a rising cost of living, economic analysts say. After a larger-than-expected US trade deficit for February rocked financial markets last week,
      Reuter  -  474 words
    • Article
      Lock icon Dukakis leads Jackson in NY primary: poll
      87 5 AFP MICHAEL DUKAKIS is the favourite to win today's important New York Democratic Party primary, according to an opinion poll published by the New York Daily News on Sunday. The Massachusetts governor, already the front-runner for the Democratic Party nomination, will get 51
      AFP  -  87 words
    • Article
      Lock icon German minister rules out another market crash
      177 5 AFP WEST GERMAN Finance Minister Gerhard Stoltenberg predicts there will not be another stock market crash under present circumstances because of the "positive trend" in US trade. He told Bonn newspaper Welt am Sonntag on Sunday that "the unfavourable US trade results in
      AFP  -  177 words
    • Article
      Lock icon US companies in South Africa face mounting anti-American feeling
      244 5 Reuter ABOUT 160 US companies in South Africa, pressured by prosanctions congressmen to join the disinvestment caravan, are being made to feel even more uncomfortable by mounting antiAmerican sentiment. Fed by Washington lawmakers' calls for stiffer anti-apart-heid sanctions and by a
      Reuter  -  244 words
    • Article, Illustration
      Lock icon US, EC make little headway in talks on farm subsidies
      439 5 Reuter AMERICAN Trade Representative Clayton Yeutter said on Sunday after two days of negotiations that wide gaps remained in efforts by the US and the European Community to end farm subsidies. He and Willy de Clercq, the European Community's minister
      Reuter  -  439 words
    • Article
      Lock icon Pope warns against excessive holdings
      155 5 AFP POPE JOHN PAUL II has warned financiers against trying to ensure "domination" by excessive purchases of holdings in other businesses Speaking on Sunday to a business group in Verona. northern Italy, the Pope also called for controls on arms production and sales At a
      AFP  -  155 words
    • Article
      Lock icon Thatcher faces her worst revolt in Parliament
      302 5 AP PRIME MINISTER Margaret Thatcher of Britain yesterday was set to face the biggest parliamentary revolt of her nine years in office over a property tax bill that critics say will benefit high earners and penalise the poor. Rebel legislative leaders within the
      AP  -  302 words
    • Article
      Lock icon Wide fallout seen from US trade bill clash
      442 5 NYT A CLASH between the White House and Congress that could spike the 1988 trade legislation endangers major international economic initiatives of the United States, including a free trade pact with Canada, and could weaken the nation's global posture, analysts warn. Following
      NYT  -  442 words
    • Article
      Lock icon Treasury denies Baker is quitting
      90 5 Reuter REPORTS that US Treasury Secretary James Baker was about to resign from his post are unfounded, a Treasury spokesman said on Sunday night. The reports circulated in the Tokyo Stock Exchange but did not immediately affect markets. Rumours that Mr Baker would resign have
      Reuter  -  90 words
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      Page 5 Advertisements Column 1
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      41 words
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      Page 5 Advertisements Column 2
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      328 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      110 5 Doonesbury IfHE MSfiP SUMMONED HISSPINCONTROUERS AND FLAKS. J ASYOU KNOW, W&VE NOW EN- TEREDPHASEROFTHECAM- PAKSN. ITS TIME- TO MOVB TOWARDS THE CENTER! L u£ve developed a usr of 12 POUCY DEVIATIONS FROM TUB REASAN LINE.I WANT YOU TO OFFER fTTO THE PRESS AS EVIDENCE THAT tM NOW MY OWN MAN
      110 words
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  • MONEY AND EXCHANGES
    • Article
      Untitled
      33 6 OCBC Exchange Rate Index 121 25 trade-weighted index for the Singapore dollar was down 0.15 per cent to 121.25 yesterday. The index is calculated against the currencies of Singapore's top 12 trading partners.
      33 words
    • Article
      Asian $ market
      354 6 Asian market ASIAN DOLLAR deposit rates closed steady at slightly firmer opening levels. in thin trading yesterday. Dealers said most operators were sidelined in the afternoon awaiting this week's release of a batch of US March economic data, including housing starts, real earnings, consumer priced and durable goods orders. Short-dates
      354 words
    • Article
      Simex
      483 6 EURODOLLAR futures on the Simex yesterday opened sharply lower than last Friday's close at 92.47 on carry-over selling pressure following the higher-than-expected increase in US PPI. After hitting the high of 92.48, the June contract drifted lower before stabilising at 92.45 on a lower US dollar. However, sentiment still
      483 words
    • Article
      Lock icon IMM
      229 6 Reuter IMM currency futures ended a quiet afternoon narrowly mixed last Friday after failing to break out of daily ranges set early. Traders remained skittish in choppy early action after several bouts of reported central bank intervention to bolster the US dollar following an unexpectedly large US February trade
      Reuter  -  229 words
    • Article
      Options
      1661 6 CURRENCY FUTURES OPTIONS Monday, April 18. 1988 OCUTSCHEMARK (StMEX) May M et Htah Low > Ha Salt May 88 puto 54 55 54 57 58 59 60 61 62 63 64 65 66 3658 2658 1698 908 388 128 370 270 174 94 40 14 4 2 CAB CA8
      1,661 words
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      176 6 The oldest Swiss bank once again chooses a first-class harbour. mmmmm PJI > wm. v' ■H V r >v<X"-"' v >-■ > V •<-' r~ m ■:-'y m> y- -> >.-v ■r n* t -<v i" 1 <■■■ '%%>#& 1 m*mrs t Bank Leu was founded over 230 years ago.
      176 words
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      Page 6 Advertisements Column 2
      9 6 IB R4NQUEINDOSUEZ 3 Shenton Way, Shenton House, Singapore 0106
      9 words
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  • BANKING AND FINANCE
    • Article
      Forex market
      1734 7 SINGAPORE: The US dollar closed slightly lower against most major currencies yesterday after fluctuating narrowly in thin and nervous trading. Dealers said the dollar moved in a 50-point range because of fears of possible Bank of Japan intervention at around 123.50 yen and selling interest above 124 yen.
      1,734 words
    • Article, Illustration
      World interest rates
      192 7 Indicates the average of the prime lending rates of 12 major banks in S'pore Interbank market rates (offer/bid) on April 18 7 doy* 1 mffc 2 ml* USS 7 1/16 6 15/16 8 1/8 8 7 1/6 6 15/16 8 1/16 7 15/16 7 3/16 7 1/16
      192 words
    • Article
      Money markets
      59 7 THE OVERNIGHT rate on the Singapore interbank market closed unchanged at 3% per cent yesterday. The term rates were also unchanged. S$ Interbank rates at 1 2 noon yesterday: OFtB MD Ovw night 3 1/2 3 1/4 1 -month 3 1/4 3 1/8 2-momb 3 1/4 3 1/8
      59 words
    • Article
      Government securities market
      78 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****F 14.7.88 3.04 2.99 6 months BY*****H 22.9.88 3.10 3.05 1 year BY*****Z 23.3.89 3.17 3.12 3.14 3.14 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID
      78 words
    • Article
      Lock icon ANZ, National Australia deny report of informal merger talks
      241 7 Reuter AUSTRALIA and New Zealand Banking Group Ltd (ANZ) and National Australia Bank Ltd (NAB) have denied a published report that they had engaged in informal merger talks. NAB managing director Nobby Clark told reporters in Sydney yesterday that no merger
      Reuter  -  241 words
    • Article
      Lock icon China negotiating with ADB for six new loans
      364 7 Reuter CHINA IS NEGOTIATING with the Manila-based Asian Development Bank for six new loans this year, a Chinese official said. Li Dongqun, alternate executive director of the ADB, said in Manila yesterday that Beijing wanted to move slowly in building up its
      Reuter  -  364 words
    • Article
      Lock icon Seven First Boston executives quit
      212 7 NYT SEVEN EXECUTIVES who have played a leading role in the First Boston Corp's leveraged buyout business, including two managing directors, are leaving to set up a competing firm. First Boston said in New York last Friday. Their departures are the latest in a dramatic
      NYT  -  212 words
    • Article
      Lock icon HongkongBank to sell three branches
      170 7 AFP HONGKONG AND SHANGHAI Banking Corp said yesterday it had agreed to sell its branches in Fiji. Vanuatu and the Solomon Islands to Westpac Banking Corp of Australia for an undisclosed sum. The sale follows the disposal of Hongkongßank's 33.3 per cent interest in Papua
      AFP  -  170 words
    • Article
      The 9-in-1 savings account
      113 7 THE HONGKONG and Shanghai Banking Corporation yesterday launched an innovative foreign currency product for retail customers in Hongkong. This multi-currency account, branded the "Combinations Savings Account", enables the customer to hold up to nine major currencies in one account. They may also switch from one currency
      113 words
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      Page 7 Advertisements Column 1
      71 7 X o \v KlflWlTOlWWlil Every single shipment we handle is treated individually. Indeed, Lufthansa offers solutions that are tailored to your particular airfreight requirements. Speed, technology and reliability. These are the qualities you'll find on every one of our three weekly direct flights from Singapore to Frankfurt and the rest
      71 words
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  • COMMODITIES
    • Article
      Lock icon Lure of gold draws miners to Malaysia
      544 8 NST MINING HOUSES are on the gold trail in Malaysia and the central belt is attracting its share of domestic and offshore investors. While not all ventures may prove successful, these companies are willing to stake millions on this high-risk, capital-inten-sive and technologically
      NST  -  544 words
    • Article, Illustration
      Lock icon Firming of prices boosts Malaysian tin output
      465 8 NST THE PRODUCTION of tin in Malaysian mines has shown signs of being on the rise again in line with the continued firming of tin prices in recent months. According to an official of the Tin Industry (Research and Development) Board in Kuala
      NST  -  465 words
    • Article
      Oil and Products
      84 8 RENEWED TENSIONS in Miooi (Apr) 16.10 unch Ga«o« 21.90 +0.15 the Arab Gulf pushed Dutxri (Ma y 15.35 0.25 lo» Sulphur prices higher yesterday. W*«t T*xas Waxy ItMtdu*, LSWt 15-55 +0.20 WT1 (May)*' 18.37 -0.04 Naphtha 18.50 +0.45 Closing prices for crude Now York do prcviout day.
      84 words
    • Article
      Palm Oil
      278 8 Malaysian cruda palm oil futures closed slightly steadier on the KLCE yesterday. Dealers attributed this to better sentiment on the cash market which prompted short-covering activity. May was MsB higher at Ms94B a tonne, June Ms 4 higher at M 5929 and July Msl higher at Ms9l7. Turnover
      278 words
    • Article
      Produce Prices
      187 8 ChfrttM Produce Exchange SmBurt' neon doting pd CM en Aorfl is (SS/100 kgl Coconut oil M fO* 103 00 CXd d nn FO» 117.00 Now drum KM 113.00 Copra MUod Hoaw) 59 Pepper Munmk <Aki FOt NLW 1117.50 Scrowofc dMi* K5» feq NIW 110J.50 vc o on apvaai
      187 words
    • Article
      KL Tin
      194 8 HIGHER OFFERINGS pushed the Kuala Lumpur Tin Market price eight cents down to M 517.32 per kg In quiet trading yesterday. Prices weakened on a high offering of 159 tonnes at the start due to accumulation over the weekend, with buying at the lower levels dominated by Japan
      194 words
    • Article
      Rubber
      401 8 SINGAPORE The market closed sharply lower yesterday with May One RSS buyers quoted at 235.00 cents per kg, down 4.50 cents from last Friday's close. Dealers said prices were marked down at the outset following easier Tokyo advices and fell further thereafter due to lack of interest in the
      401 words
    • Article
      SSR and SMR
      76 8 (c«nt»/kg) RAS SSR 20 SS8 50 MRELB SMR CV SMK I SMS 5 SMS GP SMS 10 SMS 20 smr so MAY 1988 (current month) NOON tuy»n S«ll«ri 232.50 234.50N 231.00 233 50N Saftan 388 00 390.00N 392.50 394.50N 317.00 319.00N 311.SON 304.50 306.50N 296.50 298.50N 292.50
      76 words
    • Article
      Precious Metals
      334 8 HONGKONG: The metal closed higher yesterday in active trading on increased tension in the Middle East. Dealers said news that American forces attacked two Iranian oil rigs in the Gulf triggered some buying in the afternoon. But the rally was stalled by late profit-taking amid a steady US
      334 words
    • Article
      Lock icon Chinese coal industry to reduce workforce by one-third
      254 8 AFP CHINA is to cut the number of workers in its state coal industry by about one-third to improve labour productivity, the official China Daily has quoted the new Energy Minister as saying. Mr Huang Yicheng said cuts would be made gradually
      AFP  -  254 words
    • Article
      Lock icon Oil market expects a production cut
      465 8 Reuter MOVES BY OPEC to cooperate with other producers to prop up oil prices have sent them higher without the cartel having to sacrifice any output, but the market expects a production cut when the two sides meet late this month. Joint output cuts
      Reuter  -  465 words
    • Article
      Lock icon Colombia finds 40m barrels of oil
      284 8 Reuter COLOMBIA has discovered more than 40 million barrels of crude oil so far this year, easily compensating for its present output of around 415.000 barrels per day, the president of the state oil company Ecopetrol said. And by 1990/1991, helped by another pipeline
      Reuter  -  284 words
    • Article
      Lock icon Oil waiting to be found in Canada
      114 8 Reuter ABOUT 3.6 billion barrels of recoverable light and mediumgrade crude oil are still undiscovered in western Canada. A Canadian government study predicted last week that as many as 10,000 oil discoveries will be made in western Canada during the coming decades. The
      Reuter  -  114 words
    • Article
      RAS and MRELB
      237 8 RAS prices In S cent»/kg, FOB In balM NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 239.00 240.00N 237.00 238.00N Im 1 RSS May 88 237.50 238.00N 235.00 236.00 lot 1 RSS June 240.00 240.50 237.50 238.50 lot 2 RSS OP 237.00 239.00N 235.00 237.00N
      237 words
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      Page 8 Advertisements Column 1
      77 8 For Fine Russian and Continental cuisine... Wine and dine at a new restaurant with an age old tradition of impeccable service and authentic Shashlik, Borscht, Chicken a-la Kiev and, what we believe is, the best fish menu. All delicately prepared by Tony Han (Executive Chef of former Troika). BELUGA RESTAURANT
      77 words
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      Page 8 Advertisements Column 2
      94 8 BY ORDER OF THE MORTGAGEE TWO INDUSTRIAL BUILDINGS FOR SALE BY TENDER A 5-storey factory building and A Single-Storey factory with a 3-Storey office annex under one title. f I Address 12 14 Shaw Road Legal Descriptions Lot 4335 of mk 24 Title Freehold Land Area 4268.2 m 2 Gross
      94 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      559 9 Winning since the' 60s. What do you call a car that wins all the time? Right from the early days of the car building industry, Lancia was already a pioneer coming up with many 'firsts' in concepts that work at building a better car. Concepts that are adopted by all
      559 words
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  • PERSPECTIVE
    • Article
      An honour S'pore has to refuse
      498 10 j POVERTY IS a difficult condition But wealth is not without its problems. It is one thing to be impoverished It is another thing to be prosperous. It is anything but comfortable to be caught between the two states, as Singapore is. Last week
      498 words
    • Article, Illustration
      And the dust-covers shall be lifted
      1539 10  -  Over the past months, several well-known property companies have decided to reactivate their megaprojects which have been lying dormant since the property slump in 1984. LISA LEE looks at the reasons for reviving these projects. LISA LEE MAKING LOFTY AMBITIONS come true can take
      1,539 words
    • Article
      Lock icon The allure of Ada to software firms
      670 11  -  By LAWRENCE EDELMAN Reuter A US DEFENCE DEPARTMENT project to simplify the development of weapons systems has transformed a tiny backwater of the computer industry. The project, initiated in the late *****, led to the creation of Ada. a computer language used by
      Reuter  -  670 words
    • Article, Illustration
      Lock icon When good news is no news
      1200 11  -  US economic expansion fosters fears of market contraction By REGINALD DALE IHT SIX MONTHS after the great market collapse of 1987, the good news is that the US economy is far healthier than almost anyone expected. The bad news is that the good news
      IHT  -  1,200 words
    • REGIONAL VIEWPOINTS
      • Article, Illustration
        A grand idea
        126 11 Our weekly summary of what other publications have to say about Issues of regional interest HONGKONG "HONGKONG is a showcase of capitalist progress and there would be no better way to emphasise that than by staging a successful exposition here A grand exhibition, with the theme of
        126 words
      • Article
        Silver lining
        173 11 "LAST YEAR alone the Canadian, Australian and American consulates issued about 36,000 resettlement visas to local residents. The Hongkong and Chinese governments have explained the exodus as stemming not so much from fear over 1997 as the relaxed immigration requirements in some countries... "The emigration statistics do, however,
        173 words
      • Article
        Investment boost
        112 11 INDONESIA MINISTER/STATE Secretary Moerdiono has instructed the new chairman of the Investment Coordinating Board (BKPM), Sanyoto Sastrowardoyo, to further simplify licensing procedures so as to expedite the processing of in-vestment-project proposals "It should be noted, however, that simple procedures and expedient licensing which are BKPM s responsibility are
        112 words
      • Article
        Tough posture
        178 11 THE PHILIPPINES "IT HAS become clear to a growing number of Filipinos that the bases agreement has been terribly tilted to favour American interests. Yet American officials have the cheek to tell us in so many ways that we should be grateful that their installations are around. They
        178 words
      • Article
        Path to military rule
        114 11 'THE CONTINUING rebellion of Gregorio Honasan is a symptom of the resistance to the democratisation tide sweeping this nation today by a significant segment of the Armed Forces which shares his views Reduced to its simplest statement, Honasan cabal wants to install itself through force of
        114 words
      • Article
        Siren melody
        312 11 VIETNAM "TUNE IN to Vietnam these days and you'll hear a lot about the wretched state of the Vietnamese economy Beggared by years of central planning, burdened by the cost of maintaining the world's fourth largest army and occupying two neighbouring countries, Ho Chi Minh's heirs are admitting
        312 words
      • Article
        Wrong signals
        115 11 "CURRENT MOVES in the House and Senate to establish an interest section in Vietnam to resolve this issue and the refugee, political prisoner and Amerasian issues is an attempt by Congress to send a message to the US Administration that it is frustrated by the lack of progress
        115 words
      • Article
        The Big Steal
        242 11 THE US "BIG STEEL'S comeback is owed importantly to two things: voluntary quotas on steel imports imposed by Congress and the Reagan Administration in 1984; a softer dollar that has boomed demand for US manufactured goods The only problem for those of us who don't own stock
        242 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      127 10 SCAN DUTCH GIVES YOU SOUTHERN If you're exporting to southern b ranee or Switzerland, Scan Dutch has what you're looking for. We go direct every week to Marseilles-Fos the largest, most modern container port in the Mediterranean. From Fos, we can rush your gocxls to consignees throughout southern France. To
      127 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      679 10 rawi GNDOB CRYPTIC PUZZLE ACROSS 3 Though mostly cold, it can taste hot (5) 8 Rush ahead in town (5) 10 The charity of Max. possibly (5) 11 Evidently a cold part of the mountains (3) 12 Experimental air show'' (5) 13 Being of lower rank upsets Tom indeed! (7)
      679 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1294 11 TO SOD i 12 PM Opening Announcement and Programme Highlights followed by Carol Burnett And Friends. The Pointer Sisters appears as guests on tonight's show. The Yellow River The River's Source (See highlights). World Musk Album. Only Fools And Horses From Prussia With Love. Cosmopolitan Theatre A Perfect Spy. Free
      1,294 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Jahangir on course for seventh British Open title
      178 12 AFP FORMER world champion Jahangir Khan was set for an intriguing clash with Australia's Rodney Martin in the final of the British Open squash championship in London scheduled for yesterday. Jahangir, aiming for his seventh title, overcame Chris Dittmar of Australia, last
      AFP  -  178 words
    • Article, Illustration
      Lock icon Lakers and Celtics slip on the road
      659 12 AP THE LOS ANGELES LAKERS and Boston Celtics have been the only two NBA teams to hit the road with any success this season. Lately, the road has been hitting back The Lakers, who've had their troubles away from the Forum for the
      AP  -  659 words
    • Article, Illustration
      Lock icon First US win for Norman in two years
      491 13 AP GREG NORMAN came from four shots back on Sunday to score his first US victory in two years, a one-shot triumph in the Heritage Classic in Hilton Head Island. South Carolina. The Australian was accompanied by a gravely ill teenager whose
      AP  -  491 words
    • Article
      Lock icon Navratilova wins for third time
      121 13 UPI MARTINA NAVRATILOVA routed Argentine teenager Gabriela Sabatini 6-0, 6-2 in 53 minutes on Sunday to win the US$3OO,OOO Bausch and Lomb tournament In Florida for the third time. "I'm happy with my year so far," Navratilova said after winning her fifth title of this
      UPI  -  121 words
    • Article
      Lock icon Leconte breaks Grand Prix losing streak
      168 13 UPI FRENCHMAN Henri Leconte overwhelmed nervous countryman Jerome Potier 6-2, 6-2 on Sunday to win a US$l5O,OOO men's tennis tournament in Nice and claim his first Grand Prix title since 1986 Potier, 25, playing in his first Grand Prix final, had his serve broken
      UPI  -  168 words
    • Article, Illustration
      Lock icon Kristiansen takes break in battle for marathon world record
      308 13 AP INGRID KRISTIANSEN s pursuit of a magic number in the marathon is over for now. For more than a year, the Norwegian distance runner has been trying to become thd first woman to run a marathon in less than two
      AP  -  308 words
    • Article, Illustration
      Champion survives first-round scare
      595 13  -  DHL SINGAPORE WOMEN'S OPEN TENNIS By WALTON MORAIS PLAYING what she said is the most difficult match of any tournament, defending champion Anne Minter overcame a temporary slump midway through the first set to defeat former world junior number one Susan Mascarin in a first-round match
      595 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      236 12 COURVOISIER XO-Where to eat, drink... Grills Greens A choice of 18 salads, five cold cuts, soup, three roasts, eight grills (St 12 desserts. What more could you ask for? The entire buffet spread is yours for $25.50 per adult $15.00 per child under 12. BARON'S TABLE. BAROP'S Simply the best
      236 words
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      Page 12 Advertisements Column 2
      222 12 MING COURT HOTEL SINGAPORE DIAN XIN BUFFET w t .•V •v Our Dian Xin buffet lunch spread will also include authentic Cantonese dishes like Braised Beef Brisket in brown sauce, Red Braised Chicken in vinegar, Fried Black Fungus with shredded meat Enjoy rich wholesome Dian Xin specially prepared by our
      222 words
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      Page 12 Advertisements Column 3
      198 12 UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in fun! Cocktails, snacks, Sunday jazz jam sessions and pub games from the world over, await you in the basement of the Hyatt. Opening hours: 11.00 am to 1.00 am No ties, please 79 I V w r 3 sk
      198 words
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      Page 12 Advertisements Column 4
      269 12 t s "O #cJ 1 Right now when you order an\ three US beef entrees, the fourth is free. ut Jmc When the beef is from cattle fed solely on quality grains and corn, your steaks can't be anything but prime. > And stay around for Jolly Hours, from 10pm
      269 words
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      Page 12 Advertisements Column 5
      164 12 Catch the excitement and fever of Singapore's richest annual fashion and glamour event. SEMI-FINALS Model of The Year April 26, 29 Male Model of The Year May 3, 6 Discovery of The Year May 10, 13 (all starting at 9 pm) ini For reservations call *****11 ext 721, The management
      164 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      315 13 and entertain 4 übertiufdhiU 55 »W So much to choose for only $21.50 A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection...superb pastries, truffles, fortes...cheese board, fresh fruit...freshly brewed coffee All for $21.50 And for $27.50 you can add a roast or a
      315 words
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      Page 13 Advertisements Column 2
      175 13 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES. PALM w For between $26 and $40+ Pll I U C3n se ect from our appetiser vjKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses.
      175 words
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      Page 13 Advertisements Column 3
      351 13 An introduction to^(M)nTlg YOU'VE HEARD of the three Rs of learning reading, writing and arithmetic which will help you get ahead in life. Now let us introduce you to the three Rs of tennis ready, read, react to help you get ahead in your game. If you find yourself having
      351 words
  • Page 13 Miscellaneous
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Market ends lower on a nervous note
      5004 14 THE SINGAPORE market closed lower on a nervous note yesterday, with investors unable to Shake off their anxiety in ad- vance of Wall Street s trading last night. Share prices rose slightly at the start in lethargic trading, following a mild rebound in
      5,004 words
  • Page 14 Advertisements
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  • COMPANY NEWS
    • Article
      Lock icon Index shows plantation stocks taking firm root
      626 15 mm... By HOCK LOCK SHEW RECENT HEADLINES proclaiming a seven-year high for the price of rubber will have brought an even wider grin to the faces of plantation investors who have, in any case, been smiling for a good few months. Though the
      By HOCK LOCK SHEW  -  626 words
    • Article
      Two companies traded big blocks of Promet shares
      342 15 TWO COMPANIES, believed to be connected with Promet's founder and chief executive Datuk Brian Chang, have executed the sale and purchase of huge blocks of Promet shares. In a notice to the Stock Exchange of Singapore, Promet Bhd said substantial shareholder Tonnage
      342 words
    • Article
      Lock icon MISC to monitor currency movements weekly
      388 15 MBT MALAYSIAN International Shipping Corp (MISC) has set up a special committee to monitor currency movements on a weekly basis. Chairman Raja Tan Sri Muhammad Alias said this is to enable the group to take advantage of fluctuations in exchange rates. The bulk of
      MBT  -  388 words
    • Article
      Lock icon PNB sold 170,000 Harrisons shares
      95 15 Bernama ES PERMODALAN Nasional Bhd (PNB) sold 170,000 shares of Harrisons Malaysian Plantations Bhd (HMPB) for M 5697,000 between March 21 and 24. In a statement yesterday, HMPB said PNB's holding in HMPB after the disposal is now 113.377 million shares or 26.80 per cent
      Bernama ES  -  95 words
    • Article
      Unit trusts
      256 15 Monoger*' prices (S) for April 19 Singapore Unit Trust t*» ot> ow »v>« 0 0#3* Vt»>« r. -_>q 0 JK 0 «J s>c**» w. <--J co ose 4 »r.«» »u«il Of 0 T} iwii f"v» 0*4 M Asia Unit Trust SNrV «.tv f.«f I 77 it' »rn» Oil
      256 words
    • Article
      Eighteen more stocks go under margin trading
      401 15  -  SES drops six from marginable list By LONG SHIH ROME EIGHTEEN COMPANIES have been added to the list of marginable securities, whose shares can be used by investors as collateral. The Stock Exchange of Singapore has also dropped six previous marginable stocks, and
      401 words
    • Article, Illustration
      Nathan resigns from SPH board
      150 15 SINGAPORE'S new High Commissioner to Malaysia. Mr S R Nathan, has resigned as a director of the Singapore Press Holdings and its subsidiaries. Mr Nathan, 63. who is taking up his new appointment in Kuala Lumpur later this month, first joined the board of The
      150 words
    • Article
      Fuji Offset issue fully subscribed
      347 15 THE PUBLIC OFFER by Sesdaq s latest candidate Fuji Offset Plates Manufacturing Ltd, which closes at noon today, is already fully subscribed. The current weakness and uncertainty in the stock market have caused brokers and analysts to revise their expectations on the response to Fuji
      347 words
    • Article
      Lock icon Bata (M) to invest M$2.1m in facilities this year
      164 15 Bernama ES BATA (M) Bhd is to invest an estimated Ms2.l million this year to upgrade its facilities in Seremban and Klang. Chairman J G Janssen told reporters after the company's annual general meeting in Shah Alam yesterday that a portion
      Bernama ES  -  164 words
    • COMPANY BRIEFS
      • Article
        Green light for MBf's Emtex sale
        52 15 MBf HOLDINGS Bhd announced it has received approval from the Malaysian Ministry of Trade and Industry for the sale of its 22.6 per cent interest in Emtex Corp Bhd to Ladang Setia Sdn Bhd The company has now received all the necessary approval for
        52 words
      • Article
        Sakilan Desa Estate deal off
        45 15 BATU KAWAN Bhd announced that the agreement with Sakilan Desa Sdn Bhd to purchase its estate Sakilan Desa Estate including all the buildings, plant, equipment. machinery and stores, for a cash consideration of Ms 27 million has been mutually terminated
        45 words
      • Article
        New Raleigh director
        46 15 RALEIGH BHD has appointed Datuk Suleiman bin Mohd Noor as an additional director of the company from April 5, 1988 He was the former j State Secretary of Johore from 1980 to 1984 and is now chairman of the Jo- hore Port Authority
        46 words
    • Article
      Lion-Nathan merger cases: court decides on one cross examination
      328 15 A NEW ZEALAND COURT ruled yesterday, the first day of Malayan Breweries Ltd's anti-merger trial, that the two MBL directors' cases against Lion Corp be combined so that there would only be one cross-examination. Malayan Breweries, which holds 22 per cent
      328 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      197 15 -s* -4 INTERNATIONAL HOTEL FOR SALE CHRISTCHURCH NEW ZEALAND To facilitate a change of investment direction our client company wishes to sell one of its Hotel's. The Elms Hotel located in Papanui Road Christchurch was built in 1986 opening in October. It has: 76 rooms of an international standard provides
      197 words
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      Page 15 Advertisements Column 2
      12 15 A more active role in vegetable oil trade, Shipping Times Page I
      12 words
    • Advertisement
      Page 15 Advertisements Column 3
      165 15 Margin stocks: See Page 14 il! 11l 141 l[j| !llkill[^SM T il]llKllll J 4 I I mi •in* 1 x t I > m io: Hong Kong Trade Development Council Head Office: 31 /F Great Eagle Centre. 23 Harbour Road, Wanchai. Hong Kong Telephone 5-*****33 Telex: ***** CONHKHX Fax 852-5-*****9
      165 words
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  • REGIONAL MARKETS
    • Article
      KL prices end easier across the board
      3198 16 THE KUALA LUMPUR stock market finished easier across the board yesterday in another bout of lacklustre trading. Buying interest remained low for a good part of the day while selling, albeit light, was persistent. But losses on balance were mostly below 10 cents.
      3,198 words
    • Article
      Sharply lower close
      1493 16 Hongkong SHARE PRICES on the Hongkong market closed sharply weaker yesterday on mounting selling pressure in the afternoon in sympathy with the weakness in Tokyo. The Hang Seng Index fell 46.99 points or 1.8 per cent to end at the day's low of 2,551.96. after rising 22
      1,493 words
    • Article
      Seoul
      122 16 AJ>H ia WO* -it Ch#»t Sugji 37SOI ■TOO Dmmii ind MMD li'Ori D»»»oo Co*o 1*300 ■no OMTOC IMOO /ao S«Cu»tiM MOM 500 Deng Ah Ph#« 'MCO •400 Owig S<jh Slock «04CC •'SB Dongfe* 54««l ***** xo Vjctd Su> WOO uncti H#/iil Bant '7«00 soo M«nit '"600 unch G>MI >«aoo
      122 words
    • Article
      Lock icon Tokyo
      444 16 Reuter PRICES on the Tokyo market closed sharply lower in moderate trade yesterday due to worry as to whether Wall Street can get back on its feet after plunging 101 points last Thursday "In order for the Nikkei to maintain levels above 27,000, New York has to stay around
      Reuter  -  444 words
    • Article
      Lock icon Sydney
      377 16 Reuter THE AUSTRALIAN share market closed higher in thin trade yesterday, despite early nervousness and fears of follow-on selling from last Friday's solid loss. Brokers said the market's 30 point fall on Friday. further poor performances offshore during the weekend and a computer malfunction at the exchange this morning
      Reuter  -  377 words
    • Article
      Lock icon Bangkok
      156 16 Reuter THE SECURITIES Exchange of Thailand Index rose 2.87 points to 397.58 yesterday on a turnover of 4,789,059 shares valued at 574.51 million baht. APR 1« BAHT Ao Kham Thai 197 •••14 Ayudhya Investment 406 •4 Bangkok Agro-lnd 145 3 Bangkok Bank 329 2 Bank Of Ayudhya 356 unch
      Reuter  -  156 words
    • Article
      Taipei
      243 16 A?* 11 MT t rh AH 5lncs«« IrnJu* J2S 0 i« Asia 0*rvem rs oo •25 Caf>a» Cons esoo 4 Cnang H«« Bank Cuang Loong 67 50 •a C**a Hain Camant 67 00 *2 CUKl Htm Ftou' 22 20 1 Omi ClMi 37 20 J Oina Day 136 SO
      243 words
    • Article
      Manila
      34 16 Pl*l Ov«»a«M a 0033 040 -000' "001 P«op A PVDT B '66 ««7 0 SMtr&nt 0»rtr, 5u"g»o Con 6 0 091 *50 0 0650 .0003 1 5 -001 uaiptui VutC«n 0 0" unc*
      34 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      363 16 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Mdm Wong Jeet Ngo of Blk 322 Clementi Avenue 5 No. #03-241 Singapore 0512, have applied for a Retail Beer Shop licence in respect of premises at M/s Kwang Chuan Mini Mart at Blk 49, Teban Gardens Road #01-584 Singapore 2260, and
      363 words
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      Page 16 Advertisements Column 2
      327 16 In the matter of THE COMPANIES ACT, CAP. 50 and In the matter of GULFSTREAM AGENCY PTE LTD NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the Members of the Company duly convened and held at 51, Anson Road. #02-57 #02-59 Anson Centre. Singapore 0207. on Monday. 18th
      327 words
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      Page 16 Advertisements Column 3
      278 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF Y Y MARINE PRODUCTS ENTERPRISE PTE. LTD. (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting: of the Members of the abovenamed company, duly convened and held at 304 Orchard Road, #03-14 Lucky Plaza.
      278 words
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      Page 16 Advertisements Column 4
      310 16 In the Matter of The Companies Act, Cap. 50 and DRIWA (S) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Colombo Court, #04-15, Singapore 0617 on Monday, the 18th day of April 1988 at 10 a.m. the
      310 words
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      Page 16 Advertisements Column 5
      463 16 ACHERNA (PTE) LTD (Incorporated in the Republic of Singapore) (in Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 o» the Companies Act Cap 50 the Final Meeting of Members of the Com- pany will be held on Fnday 20th May. 1988 at 1100
      463 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Analysts say JAL must change its bureaucracy
      590 17 JAPAN AIR LINES must jettison the bureaucratic baggage of its stateowned days to manoeuvre effectively in the free market, industry sources and securities analysts say. But a travel boom among Japanese, boosted by the high yen, will help smooth the ride for the
      590 words
    • Article
      Business done on the SES
      3246 17 BID and oiler 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".
      3,246 words
    • Article
      COMPANY MEETINGS
      99 17 CHEMICAL COMPANY (MALAYSIA) Berhad: 26th AGM at Johore Room, Lower Lobby. Shangri-La Hotel, 11 Jalan Sultan Ismail, Kuala Lumpur today at 10 30am. IMATEX Berhad: 20th AGM at 15th Floor, Wisma OnTai, 161-B. Jalan Ampang, ***** Kuala Lumpur today at 10am. OVERSEAS UNION SECURI- TIES Limited: 11th AGM
      99 words
    • Article, Illustration
      Lock icon History casts ominous shadow over Wall Street
      913 17 Dow's dive last Thursday points to market's vulnerability Reuter SIX MONTHS AFTER the Crash of 87' shook stock markets around the world, fear that history might repeat itself has made Wall Street nervous and vulnerable to sharp and sometimes painful fluctuations. A 130-point
      Reuter  -  913 words
    • Article
      Lock icon Parry Corp's future likely to be decided today
      501 17 Reuter THE FUTURE of beleaguered Australian company, Parry Corp Ltd, is likely to be decided at a board meeting today, independent non-executive director Ken Court said. Mr Court said the meeting will consider the injection of capital into the company by its
      Reuter  -  501 words
    • Article
      Lock icon Texas Air under closer investigation
      180 17 Reuter THE US government expanded its investigation of Texas Air Corp yesterday with an intensive safety inspection of subsidiary Continental Airlines similar to the one being conducted at Eastern Airlines But Texas Air chairman Frank Lorenzo defended his corporation the largest US airline company, with
      Reuter  -  180 words
    • Article
      Selected indices
      133 17 HONGKONG Hongkong Index Mondos 477 *3 f ndoy 1 /OB 0* Wwrt o®c 1.741 «8 Hong Seng Index Mciadov 2.56' t.<ja v JSW*5 Wve* 090 7ASI 0' TOKYO Nikkei Averoge McWf J6 6" *5 fiidcy JtW5? Week ofo K W ft? TSE Inde* Manda* 2.t55 3' ftiday 21^390
      133 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      144 17 BUSINESS OPPORTUNITY WITH INDIA One of India's well known companies Niky Tasha (India) Pvt Ltd is looking for foreign partners in the manufacture and assembly of electronic and consumer products. The company is owned by the promoters of Escorts Limited, ranked among the top five in the engineering field in
      144 words
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  • Article
    Exports in March increased 30pc
    489 18  -  Strong growth underscores good economic performance By CHUANG PECK MING EXPORTS IN MARCH rose by 30.5 per cent over the same month of 1987 but the rate of increase was lower compared with January and February. Export growth rates in the first two months were
    489 words
  • Article
    Lock icon China shuts door on new joint venture hotels
    219 18 UPI CHINA has closed the door on the construction of new joint venture hotels and will no longer seek foreign help in managing those already in operation, according to the official Xinhua news agency. Citing a glut of hotel space in major
    UPI  -  219 words
  • Article, Illustration
    Prime Minister Lee and Mrs Lee sample aspects of Venetian life
    199 18  -  By RICHARD SEAH A GONDOLA RIDE, cappuccino at a sidewalk cafe, and olive oil on toast were some aspects of Venetian life which Prime Minister Lee Kuan Yew and Mrs Lee sampled yesterday. Mr Lee, who is on the
    199 words
  • Article
    Lock icon Indonesia may dominate Asian coal market
    125 18 AFP AUSTRALIA'S domination of the Asian coal market may be challenged by Indonesia in the next decade, says Indonesian Direc-tor-General of Mines Soetaryo Sigit. Mr Sigit told an Australian Coal Association conference in Surfers Paradise yesterday that Indonesia had the capacity to supply 35
    AFP  -  125 words
  • Article
    Lock icon M'sia to develop three islands
    105 18 Bernama THREE ISLANDS off Malaysian state Selangor are to be developed Carey Island will be turned into a sea resort, Pulau Ketam into an aquaculture centre and Pulau Lumut into an educational centre. State executive councillor DatuK Ng Thian Hock said in Shah Alam yesterday
    Bernama  -  105 words
  • Article, Illustration
    'NICs should help other Asian nations develop'
    351 18  -  By TAN KEE WEE THE Asian Newly-Industrialising Countries (NICs) should assist other countries in the region with their development plans, said the visiting South Korean Minister of Foreign Affairs. Mr Choi Kwang Soo made this point yesterday in an address at a lunch
    351 words
  • Article
    'Korea not ready to join OECD'
    164 18 SOUTH KOREA is not yet ready to join the Organisation for Economic Cooperation and Development (OECD), its Foreign Minister Choi Kwang Soo said yesterday. He said the decision to join OECD has not been made, although it will be considered. It will certainly not
    164 words
  • Article
    Lock icon Comex gold and silver
    96 18 Reuter COMEX GOLD FUTURES rose to 11-week highs in early trade in New York yesterday on fresh buying after reports of clashes between US and Iranian forces in the Persian Gulf. June gold was ahead US$3.9O at $462.40 an ounce after earlier rising to as high
    Reuter  -  96 words
  • Article
    Lock icon Vietnam welcomes Geneva accord on Afghanistan
    124 18 Bernama VIETNAM yesterday welcomed the Geneva agreement on Afghanistan saying it augured well for peace. "It's a good thing (the agreement) for peace." Vietnamese Vice-Foreign Minister Tran Quang Co said yesterday on arrival for a five-day visit to Malaysia. Any linkage between the US-Soviet
    Bernama  -  124 words
  • Article
    Lock icon Hawke: Protectionism affects Aussie part in global security
    253 18 AFP AUSTRALIAN Prime Minister Bob Hawke has hit out at trade protectionism and warned that it could affect his country's contri> bution to international security. The International Herald Tribune yesterday quoted Mr Hawke as saying that protectionist measures had done "substantial damage''
    AFP  -  253 words
  • Article, Illustration
    Lock icon AT&T chairman dies
    287 18 Reuter AMERICAN TELEPHONE and Telegraph Company chairman James Olson, who underwent cancer surgery last month, died at his New Jersey home yesterday morning at the age of 62. The cause of death was not immediately announced but Mr Olson had a tumour rembved from his colon on
    Reuter  -  287 words
  • Article
    Lock icon Tax rumours put pressure on Jakarta financial system
    365 18 AFP RUMOURS OF an impending new tax on bank deposits have exerted pressure on Indonesia's financial system which may intensify unless the government makes its intentions clear, according to bankers in Jakarta. For the past month, bankers and businessmen have been discussing
    AFP  -  365 words
  • LATE FILE
    • Article
      Lock icon Chevron-Texaco oil deal
      51 18 AFP AMERICAN oil giants Chevron and Texaco are to explore for oil in the Bay of Bengal under a productionsharing agreement signed in New Delhi yesterday. Indian officials said the new contract gave Chevron and Texaco, as equal partners, the right to explore the 8,300-sq-km Mahanadi basin.
      AFP  -  51 words
    • Article
      Lock icon Independent newspaper, please
      60 18 AFP A MAJORITY of 200 highranking Beijing personalities say they would like to see a major Chinese newspaper independent of the Communist Party. The official China News Service said yesterday that 35.5 per cent of those polled by Beijing University's opinion research institute thought press liberalisation ought
      AFP  -  60 words
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      Lock icon Laotian soldier wounded
      38 18 AFP A LAOTIAN soldier has been wounded and a Thai soldier detained in the first border fighting between the two countries since a ceasefire went into effect in February, Thai army spokesmen said yesterday. AFP
      AFP  -  38 words
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      Lock icon Seoul police on alert
      38 18 Reuter SOUTH KOREA s 140.000 policemen went on top alert yesterday to thwart protests planned for today by students and dissidents making their first major challenge to the government of President Roh Tae-Woo. Reuter
      Reuter  -  38 words
    • Article
      Lock icon Japanese car sales below mark
      51 18 UPI JAPAN'S car exports to the US for fiscal 1967, ended last March, apparently fell short of a 2.3 million unit ceiling for the first time since Japanese carmakers started voluntary shipment controls in 1981. Industry sources yesterday said the trend is expected to continue.
      UPI  -  51 words
    • Article
      Lock icon No sign of release for hostages
      68 18 Reuter HOSTAGES aboard a hijacked Kuwaiti airliner began their 14th day of captivity yesterday with no sign of a deal for their release despite a flurry of negotiations in the middle of the night. The estimated 31 remaining hostages on board the Kuwait Airways
      Reuter  -  68 words
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      Page 18 Advertisements Column 1
      90 18 rfyoure looking for products/ services brands firms' addresses, telephone numbers, key personnel and business activities ..in Singapore and professisonal, trade and government bodies in American You'll be able to fine it in WMtoy's American Products Services in Singapore Buyers' Guide. U» it to do mon bumnm todayl t- I I
      90 words
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      Page 18 Advertisements Column 2
      165 18 Koreans axpact big riM in bilateral trada, Paga 3 Leader, Page 10 DID YOU KNOW? HILL SAMUEL arranged the financing for Bernardo Bertolucci's 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
      165 words
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  • SHIPPING TIMES
    • Article
      Siong Huat yard wins US$53m contract to build 49 trawlers
      493 19  -  By JUNE LIM SIONG HUAT Shipyard has won one of the biggest shipbuilding contracts in Singapore after pursuing the deal for more than a year. But its inability to obtain financing locally meant that the ships will be built abroad.
      493 words
    • Article
      Lock icon HIT proposes two port development schemes
      267 19 Reuter HONGKONG International Terminals Ltd (HIT) has put forward two new port development schemes as part of its plans for the future expansion of Hongkong's Kwai Chung container port. HIT, a Hutchison Whampoa Ltd unit, said in a statement it was studying two options
      Reuter  -  267 words
    • Article
      Lock icon MISC plans to concentrate on vegetable oil trade
      357 19 Reuter MALAYSIAN International Shipping Corp (MISC) plans to play a more active role in the vegetable oil trade over the next few years. MISC has placed orders with Korea Shipbuilding and Engineering Corp for four new 30.000 deadweight tonne chemical tankers equipped
      Reuter  -  357 words
    • PORTSIDES
      • Article
        Four missing in boat accident
        38 19 TEN PEOPLE drowned and four others were missing after a small shell-fishing boat capsized in strong winds on Sunday off Shinan. near the southern South Korean port of Mokpo. Korean police said. Reuter
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    • Article
      CONSORTIA
      168 20 THE MAJOR shipping consortia operating between the Far East/European. Far East' Persian Gult. Straits ports/Australia. Straits/Japan and the member lines ACE (FAR EAST/EUROPE): Franco Belgian Services K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/AUSTRALIA): Australian National Line Australia Straits Container
      168 words
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      Lock icon UK seamen reject new pay offer
      103 20 Reuter SEAMEN employed by UK ferry operator Peninsular and Oriental Steam Navigation Co have rejected a new pay offer aimed at ending their 10-week-old strike. The strike by 2.300 members of the National Union of Seamen has halted sailings by all 11 P and
      Reuter  -  103 words
    • Article
      Lock icon P & O orders two bulkers for US$60 million
      466 20 P O orders two bulkers for US$60 million Lloyd's List P O BULK Shipping has placed a US$6O million order its first in three years for two new bulk carriers with South Korea s Daewoo Shipbuilding and Heavy Machinery. The UK company explained that trade with a secondhand vessel in
      Lloyd's List  -  466 words
    • Article
      Lock icon Drop in number of idle ships
      125 20 UPI THE NUMBER of vessels in lay-up fell below 600 for the first time in six years, Lloyd's monthly list of laid-up vessels showed. Figures gathered at the end of March showed 586 ships with a combined 15.59 million tonnes deadweight (dw) were laid
      UPI  -  125 words
    • Article
      INDEX TO ADVERTISERS
      795 20 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrans VII 3 American Tpt X 4/5 Anship Inf'l V 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III
      795 words
    • Article
      Lock icon TANKER RATES
      298 20 AFP ATTENTION on the tanker market focussed on the sharp rise in oil prices over the past week, following the decision by the Organisation of Petroleum Exporting Countries to call meetings of world oil producers in Vienna on April 26 and 28. London brokers E A Gibson said
      AFP  -  298 words
    • Article
      Lock icon US Navy attacks Iranian oil platforms in retaliation for mine blast
      509 20 Reuter THE UNITED STATES Navy has struck two Iranian oil platforms in the Gulf yesterday in retaliation for laying a mine that damaged a US warship on patrol in the Gulf last week, the White House said. Gulf shipping
      Reuter  -  509 words
    • Article
      Lock icon Uganda re-routes exports
      119 20 Reuter AT LEAST 50 trucks loaded with Ugandan coffee have left the Tanzanian town of Mwanza for Dar-es-Salaam. landlocked Uganda's second land route to the sea The Ugandan government decided to re-route part of its coffee exports through Tanzania after cross-border fighting closed the Kenya-Uganda border in
      Reuter  -  119 words
    • Article
      Lock icon PAT ordered to suspend crane charges
      514 21 Business Post THAILAND'S CommunicaI tions Minister Banharn Sil-pa-archa has ordered the Port Authority of Thailand (PAT) to suspend its plan to collect crane charges in advance from shipowners and agents. The minister also instructed Thai Deputy Permanent Secretary for Communications Chamlong Salikupt to determine
      Business Post  -  514 words
    • Article
      Lock icon Maersk to call at Halifax terminal
      111 21 Fairplay DANISH shipowner A P Moller's liner subsidiary Maersk Line will call at the Halterm container terminal in the Port of Halifax on its new trans-At-lantic service. The Danish company intends to introduce its weekly Europe-US service next month when the first of nine
      Fairplay  -  111 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8439 26 3®aBG)gEB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      8,439 words
    • Article
      SHIPS IN PORT
      1587 27 AT CONVENTIONAL WHARVES Ve*»el keppel wharves Arrow Qveer Ajy-I G'O'y Co'o'bo°fc EQU0*0' IN G Se o'o" 6 Hot. Bo k lOt'igOiN}" MMM Pon««' Wo«e Q ng*h c So-nt John S*ro »S Hope Tg Pe'o» Tro*S How V'od'W.r VOS XinhO'yoO Z*on* «>g Aj O" H g*v*ov or MOT*O*O
      1,587 words
    • Article
      LONDON FREIGHTS
      959 28 FURTHER time-charter business by Soviet operators to lift US grain was reported on Friday but freight rates continue to edge lower, shipbrokers said No confirmation was obtainable. but the Soviet fixing is understood to include a 64.000 tonner from the Continent for a trans-Atlantic round trip and redelivery
      959 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      789 19 > TIMES STP Distributors Ttrr*+s Pub/ishinq Croup OOCL OI*JENT OVEIQEAS Cottlcum* LINE NORTH AMERICA ATLANTIC EXPRESS (ROUND-THE-WORLD ROUTING' WW/ agents JAR DINE SHIPPINC ACENCIES (Ret No 242*4/ OOK) 200 Cantonment Road #12 05 Souttipomt, Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL CFS Te) *****18 220 BOOKINGS Tel *****34
      789 words
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      Page 19 Advertisements Column 2
      76 19 ikbqdb P O BULK Shipping has placed a US$6O million order its first in three years for two new bulk carriers with South Korea's Daewoo Shipbuilding and Heavy Machinery. Page II THAILAND'S Communications Minister Banharn Sil-pa-archa has ordered the Port Authority of Thailand (PAT) to suspend its plan to collect
      76 words
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      Page 19 Advertisements Column 3
      810 19 ODESSA OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent Singapore Soviet Shipping Co. Pte Ltd TEL: *****33 MAERSK LINE THE SHORTEST DISTANCE BETWEEN TWO POINTS IS MAERSK LINE Feeder from| Port Malaysia Ketang To Europe UK Scandinavia Finland LUNA M 8806 ARTHUR
      810 words
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      Page 20 Advertisements Column 1
      676 20 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT TOKIO EXPRESS LA SEINE HAMBURG EXPRESS KOWIOON BAY BENAVON OSAKA BAY HAMBURG BREMERHAVEN 15/5 17/5 19/5 21/5 22/5 24/5 25/5 27/5 2/6 4/6 9/6 11/6 ROTTERDAM/I ANTWERP ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN, COPENHAGEN. AARHUS. GOTHENBURG. MALMO, HELSINKI OSLO AMSTERDAM,
      676 words
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      Page 20 Advertisements Column 2
      11 20 Lines and services represented by Shipping Agents. Singapore National Shipping Association
      11 words
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      Page 20 Advertisements Column 3
      335 20 rojJITl-A-PITW FORT-DE-FRANCE DECRAO DES CANNE 27« 07« OMI im SINGAPORE FNOUIRIES *****44 FA* 225S851 SO ESTERO HIM LA RtOJA MB CATAMARCA II 17« AGENTS SINGAPORE TEL ?nill tele* RVISM f A* ??5M51 Optorg Shipping Pte. Ltd Port *eianq 36«7001'2'3 PHalmg Java 7^6?593 Penang *****5 E L M A M.'PRESA LINE
      335 words
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      Page 21 Advertisements Column 1
      732 21 STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok V P&O Containers CONTAINERSHIP SERVICES TO/FROM BANGKOK CONTAINfRSHIP SERVICE TO UK/CONTINENT PtCASUS PROCRESS VS27N PEGASUS PROGRESS VUtN TPORE In Port/20 Apr 2S-27 Apf BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO SABAH. SARAWAK AND BRUNEI Also Accepting Cargo For:
      732 words
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      Page 21 Advertisements Column 2
      660 21 Now,"K" Line's Sea Rail service blankets the U.SJI Japan Korea Taiwan Seattle Chicago New York Columbus Atlanta Dallas New Orleans Beach Houston V/ Hong Kong Singapore Port Kelang "K" Line's Pacific Southwest/Chicago- penang New York Double Stack Train (DST) service route is joined by a new Pacific/ Gulf-Atlanta DST service.
      660 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      373 22 pXSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading for:ri 30/5 BANDAR ABBAS ISI KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: A VESSEL 10/5 LAE. PMB. RBL, HRA MICRONESIA SERVICE HK LOAD FOR OCEANIA EXPRESS V-13 4/5 GUAM, SAIPAN OCEANIA EXPRESS V-14 25/5
      373 words
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      Page 22 Advertisements Column 2
      565 22 LINE it»f* imp* mi CM*9*a ri§o FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Membff ot the Ace Consortum CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL HAISBOT KUANTAN S PORE LOADING FOR 20/5 DUBAI. DAMMAM GEN AGENTS CROWN MARINE CO (PTE) LTD SUB-AGENTS: 2JMS KUALA LUMPUR TEL: *****66/ PENANG TEL: *****0, *****6
      565 words
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      Page 22 Advertisements Column 3
      302 22 FREIGHT LINKS EXPRES, PTE LTI DIRECT SERVICE TO DUBAI: SAILING 23/4 EURO-AFRICA LINE FOR: PORTO, LISBON. ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN. CEUTA, ALGIER ISTANBUL U.S.A. LBH NYC lALSO ACCEPTING TO 23/4 20/5 1/6 J CHICAGO. BOSTON, JAV. PHIL, SAV, 7/5 2/6 14/6 i MIAMI
      302 words
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      Page 22 Advertisements Column 4
      1036 22 m WL<z±*Zl 1 nj/ftll 19, 1700 EVERGREEN a//// Container Service ound-The-World East Bound (FE/CARIB/USEC/EURQ/FE) 2M a/4 27/4 »4 2* i? JJ" C L LHV AN« ROM FLX XK SGP 12* 13/5 U/s 17/S 20* 23;S w im w« H5 M I* W W S? LW Off 24* 27* S 22
      1,036 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      650 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 .VESSEL «KOTA EAGLE f MAJAPAHIT OOWA FAR EAST CONTAINER SERVICE VOY SIN jkt sbv VOY SIN pgo hkg kao kee htc yok 0»SB SLO SLD 20/4 10NB 28/4 30/4 1/S 7/5 1»SB 23/4 24/4 21/4 20NB 2/5
      650 words
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      Page 23 Advertisements Column 2
      266 23 NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES SPORE MARATHON UNITED AGENCY PTE LTD TEL *****66 KL.PK S P YEO SHPG TRDG KL ?&39M4 P* 3(***** PENANG TANJONG MARINE SDN BHD TEL &?85?5 SABAH TRANSPAC KK TEL ***** *****8 IoE BREAKBULK SERVICE TO EUROPE/UK S pore PKelang Loading
      266 words
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      Page 23 Advertisements Column 3
      588 23 ia BEN LINE CONTAINER* *Nin« Itaru Tokio Eiprttl Lj torn* H»«»ur| Eiprtu *ewt«en Bij B*ru«or Ouu (ay L< PWOUM Urj« Bay EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Ko»loo« Bty Thamtt Mjru Sj m 6*n»»or Soim OuU lit Sola* *■1100 Mjru Sa I«t Cily of U'nburfti I*4 L»'P *»Y 21/4 (ipr«u 25.4
      588 words
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      Page 23 Advertisements Column 4
      587 23 ft. DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD r.T. SAMUDEEA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSNIP SERVICES SINGAPORE TO EOROPE VSL/VOY LJ. BONTANG/14WB SRIWIJAYA/23W8 OCEAN PRIMA/10WB PALEMBANG/9WB UNISIERRA/CP 29-03 SPORE 1-3/5 10-13/5 20-22/5 3-5 6 12-14/6 BILBAO ANTWERP RDAM/ADAM 9/6 20/6 30/6 7/7 14/7
      587 words
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      Page 23 Advertisements Column 5
      431 23 BOUSTEAD SHIPPING AGENCIES J* BURMA FIVE STAR sHippiwe mmm (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok HTONEYWA V234W U/20 Apr BASSE IN V« 21/22 Apr 23/24 Apr PAGAN VIZ7W 30 Apr/2 Ma> i bank une Itt'iiiLlKltE TAUSALA SAMOA VI2N MORAYBANK VSN CLYDEBANK V23N SPORE ROAM HULL HMC
      431 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      587 24 K'lini KAWASAKI KISEN KAISHA. LTD. N. AMERICA-ATLANTIC COAST RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH VOY -INDO 12 18/4 VOY LB 11 16/3 •PK/PNG SGP N. AMERICA PACIFIC SOUTH-WEST ACE CONCORD ORIENTAL CHIEF TRANSWORLD BRIDGE NEPTUNE DIAMOND NEPTUNE DIAMOND KOREAN JACEWON
      587 words
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      Page 24 Advertisements Column 2
      355 24 Accepting LCL and containerised cargo** Dlroct to South Africa NEOLLOYD COLOMBO &234F OSAKA MARU 5339F VIRGO 0301F HAYAKAWA MARU SO37G VAAL SI3SG NEDILOYD COLOMBO 5234G Spore Durban P.Eliz down W* 11/5 13/5 17/5 10/5 23/5 25/3 2S/5 17/5 1/8 6/6 9/6 >\w/ J R INE SHIPPING AGENCIES (REG. *****4/ OOK)
      355 words
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      Page 24 Advertisements Column 3
      664 24 INDIA EXPRESS CONTAINER SERVICE Accepting FCI/FCL Containers S< op port P HMant P«n»n| loediiw tor Mother ¥sl By Faeoer By Feeder Mother Vsl ORIENT SUCCESS V lOt 20 Apr SO ANDHRA PRADESH V37H17 Apr TICtR BAY V 27 Apr VESSEL J May ORIENT SUCCESS V 107 Ma. S 0 MANIPUR
      664 words
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      Page 24 Advertisements Column 4
      667 24 GOLDEN LINE WK fcV GUAN GUAN SHIPPING (PTE) LTD v n TgUi A w#f o rM f SINGAPORE 0104 TEL S34JM (10 LINES) Fai U43SM STRAITS/PERSIAN GULF SERVICE: S pore p Keiai* p enjr GOLDEN BEAR Colombo Karachi/Dob* 24/23 Apr GOLDEN HARVEST Colombo Karachi'Dubai 12/14 May CHINA SERVICE OAIVUN SHAN
      667 words
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      Page 24 Advertisements Column 5
      526 24 m PHILI Oni€NT UN€5 PT€ LTD I HMD OFFICE 63 ROHNSON ROAD »07 12 1 AFRO ASIA BUILDING SINGAPORE 010E TELEX RS ***** PHILI FAX *****76 EAST/FAR EAST FCL LCL SERVICE ETA SMGAPORI DESTINATION DUBAI DAMMAN KUWAIT. BOMBAY DOHA MUSCAT. BAHRAIN ABU DHABI t SHARJAH JEDDAM HODEIDAH AQABA m l/s
      526 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      853 25 4 l ?<*>" NEPTUNE AGENCIES PTE LTD Ft EU/AUST TP A/SEA H' o«iMral Enquiries: Tel: 275M77 -r l—A. H H H If/HiS CFS bookincs rnsm xmn. -r~ I *****: *****53 2790 m *****1 H P Kelang NEPLINE SDN BHO. 3U9U 27W111 *****4 MCnTI IMC r*nir KLumpur NEPLINE SON BHD *****33
      853 words
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      Page 25 Advertisements Column 2
      521 25 HEUNG-A SHIPPING Korean Flag Vessels OCKAM SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG. BUSAN. INCHON STRAITS/KOREA SERVirP Vessel Name ETO BS BKK S POR£ PKELANC BUSAN No I Oonjm JO3N (ft/04 17/04 2375/04 7S-27/04 07/05 •Gloria/BMN UO4 21/04 01 03/05 04 05/05 19/05 En,efpflie/ N M«4 05/05 08 10/05 11-12/05
      521 words
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      Page 25 Advertisements Column 3
      798 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 ***** rtrlArlb p |(ci Awr kwat&wwr s .rsaffs r N S r srjbs ajsgjssr SDN BHD ft T®*
      798 words
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      Page 25 Advertisements Column 4
      20 25 #n U, MADJU SENDIRIAN BERHAD 20-12 Tong Eng Building. Singapore 0106 Tel *****87 3 REGULAR VESSEL SERVICE TO BELAWAN WEEKLY
      20 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      325 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEI 226 6868 i3O lines FA* *****39 *****76 TELEX RS ***** A B SSCVA RS ***** A B SSCAD Vtß DEUTF R ACHT/SEEREEDE RE I ROSTOCK INTEGRATED FULL CONTAINER SERVICE H BURG "VIA LARNACA Accepting cargo f<y Lattakia, Piraeus, Thessaloniki, Izmir. Istanbul. Mtfsiri, Limassol. Betrut,
      325 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      178 26 Regional Weather n Sri i K Va -V N T, m j sc K a m S 55 M 352 A: SE&P? 6 sg 4f SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wove height LEGEND R Thunderstorm Temperature c y<\ rf
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      Page 27 Advertisements Column 1
      1333 27 WAREHOUSING A TRANSPORTATION Weekly consoJ at our CFS to Far East: Bangkok, Hongkong, Keefung, Kaoshiung, Manila Australia: Sydney, Melbourne, Brisbane, Fremantle 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 JMc/hifi>/ \Y on
      1,333 words
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      Page 27 Advertisements Column 2
      165 27 UNIPACIFIC TRANS. TRADING AGECY PTE. LTD. OC IRAQI LINE '**0' S T »n {NT f RPRi$( fOR MARITIMJ TRANJPORI WEST BOUND SERVICE MV ALFARABI ETA S PORE Sailed ETA P KELANG 19/4 LOADING FOR J«ddah Aqjba BijtxUd LOAOINC FOR JetfcUh Aqjba Bagfxlic THROUGH B/Lt to BAGHDAD UPON REQUEST ALSO ACCEPTINC
      165 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      352 28 I// Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** I \S I I K\ C \k I I\l K. I I I). STRAITS/ JAPAN/ STRAITS SERVICE ►PECIALIST IN RO-R0 HEAVY LIFTS Yokohama Nagoya 3/5 Osaka Senboku 4/5 Moji 'Subject to cargo inducement NOTE:
      352 words
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      Page 28 Advertisements Column 2
      755 28 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/MEXICO AND FRENCH WEST INDIES VSL ISp*. |L«H»yr« Iconntiinf vsl Montreal TOYAMA VlO2 18/4 5,5 ATL. cartier Toronto New York B PERMAI Vll2 25/4 12/S STUTTGART EXP KORRICAN V 122 2/5 19/5 NUERNBEC ATL. Baltimore —I Portsmouth, Norfolk, Savannah Alto
      755 words
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      Page 28 Advertisements Column 3
      655 28 TO EUROPE FEEDER B BUTANC 437 B BUTANC 4» 8 BUTANC 441 B BUTANC 443 OTHER DESTINATIONS AARHUS. AMSTERDAM ANTWERP BASIE BREMEN BREMERHAVEN COPENHAGEN HELSINKI MALMO OSLO STOCKHOLM UK.' FROM EUROPE HONGKONG *****53/*****11 04-*****2/4. *****3 •07-*****8 07-*****3, *****5, *****0. *****1 '02-*****22 *****88 P KELANC 23 04 SINGAPORE I LEHARVE HIM
      655 words