The Business Times, 25 April 1988

Total Pages: 30
1 30 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 MONDAY, APRIL 25, 1988 75 CENTS
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  • 561 1  -  Commercial subsidiary making the connections By WILLIAM CHIA SINGAPORE TELECOMS International Pte Ltd (STI), Telecoms' wholly-owned subsidiary, aims to be a trend-setter for the Republic's statutory boards. With the flexibility it has as a commercial company. STI will seek to market Telecoms' services internationally. Barely
    561 words
  • 366 1 TELECOMS has drawn up a five-year business plan which outlines the kind of organisation it wants to be, the kind of services it wants to provide and the environment it expects to operate in from April 1, 1988, to March 31, 1993. In the latest
    366 words
  • 610 1  -  By JEFFREY TSANG THE LARGEST independent supplier of "thin film" disks used by Singapore's thriving hard disk industry is now in the final stages of negotiation to set up shop in Singapore. The move, signifying an important vertical integration for the industry,
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  • 96 1 Reuter A WOMAN in Houston. Texas was awarded US$l6.6 million last Friday in a liability lawsuit against the Honda Motor Co, maker of the all-terrain vehicle (ATV) involved in an accident that left her paralysed from the waist down. In 1984, Sonya Renee Webster then 16
    Reuter  -  96 words
  • 490 1 Reuter THE ANNUAL PAY of America's corporate elite soared by 48 per cent last year, angering some labour leaders and raising questions about the propriety of salaries that reach into the millions. The average compensation for the two top executives at
    Reuter  -  490 words
  • 108 1 Reuter FOREIGNERS will be able to take part for the first time in a land auction in China's Shenzhen special economic zone bordering Hongkong, the official China News Service said yesterday. The agency quoted Shenzhen land commission chief Liu Jiasheng as saying that either institutional or
    Reuter  -  108 words
  • 318 1 Reuter JAPAN and the US are locked in a power struggle at the Asian Development Bank (ADB) prior to the organisation's annual meeting which starts on Thursday in Manila, Japanese officials said. Both countries want a greater say in the
    Reuter  -  318 words
  • Page 1 Advertisements
    • 312 1 Need a housing loan? CALL T M "I 737-7977 MaTJ W&yfoong Mortgage And hi nance (S) Lid A wholly-owned subsidiary of Hongkongßank 6 Claymore Hill #O.VOI Claymore Plaza Singapore 0922 MANAGEMENT A COMPUTER manufacturing company in Texas has hit upon an innovative way of putting together pine trees and people,
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    • 280 1 CHINA'S industrial growth should reach 1 3.9 per cent during the first six months of this year, against a government target of 8 per cent, the official China Daily reported on Saturday. ASIA-PACIFIC, Page 4 SOVIET FOREIGN MINISTER Eduard Shevardnadze and US Secretary of State George Shultz are to hold
      280 words
    • 70 1 m -at w i AND NOW NAGOYA? $5 Elegant enduring symbol of the \agoya Castles former glory the legendary fish of pure gold KAGOSHIMA TOKYO NAGOVA OSAKA JAL adds another new destination Nago> Now, two flights a week every Monday and Thursday, departing at 1.10 am. Whichever day you go,
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  • MANAGEMENT
    • 1064 2  -  Nature and people power do wonders for computer company A computer manufacturing company in Texas has hit upon an innovative way of putting together pine trees and people, computers and cacti, chips and chirps. SAID ABDULLAH, who was in Houston, found out why. SAID ABDULLAH WHAT HAS
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    • 641 2  -  By GENEVIEVE CUA THE PROBLEMS seemed insurmountable when Mrs Liz Swam became the supervisor of 60 men in an aluminium foundry three years ago Rumours had flown of impending layoffs as Comalco. an aluminium refinery in Tasmania, Australia, geared up for automation It seemed
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    • 598 3  -  i column ihatbe&Bsmall r 1 companies grow By LILY FERNANDEZ SURVIVAL NEEDS drove a Singapore company, dealing in industrial process and precious metal recovery, to search for new market opportunities. It wasn't a bed of roses for Aero Supplies but the company has moved
      598 words
    • 1551 3  -  Flexible wage system is an important issue in Singapore today as concerned leaders and corporations grapple with the complex problem of how to contain cost and yet enhance employee satisfaction and increase productivity. CHAN HWA LOON and HARI SEGAR of KPMG Peat Marwick Management
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  • Page 2 Advertisements
    • 189 2 Only one first class hotel is smack in the middle. The Crown Prince Hotel. Surrounded by the colourful life and conveniences of Orchard Road. All around, in every direction, there are major shopping centres, offices, banks, post offices. AIRT stations and cinemas. There is even a hospital close by. And
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    • 43 2 r^/sw A How economical is your phone system? Unlike other key phone systems, all Goldstar key phone systems are highly effective, dependable and still very economically priced. Key Telephone Systems ASIA RADIO SINGAPORE PTE LTD. 41 BENCOOLEN STREET SINGAPORE 0718 TEL 336 3477
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  • Page 3 Advertisements
    • 91 3 Hie Ultimate French UTA, the French Airline, flies to Paris three times a week. The more discerning traveller will find that our Galaxy Business Class is the ultimate in panache and style, and clear proof that SINGAPORE TO PARIS TUE great cuisine,like great wines,can travel well.The French,it is said, know
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  • 737 4 1 1 ARRIVALS Operator Service Local 1 From i 1 number time SIA SQ238 1155 MES THAI TG403 1155 BKK SIA SQI9I 1145 PEN THAI TG407 1205 BKK/HDY GIA GA940 1205 MES GIA GA900 1210 PKU MAS MH641 1230 KCH GIA GA884 1235 CGK SIA SQ1 1250
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  • ASIA – PACIFIC
    • 460 4 AFP CHINA'S industrial growth should reach 13.9 per cent during the first six months of this year, against a government target of 8 per cent, the official China Daily said on Saturday. Price stabilisation the government's number one goal will be "difficult" to achieve
      AFP  -  460 words
    • 241 4 AFP CHINA HAS criticised Vietnam for saying that the accord requiring the Soviet Union to withdraw its troops from Afghanistan could not serve as a model for a Vietnamese military withdrawal from Cambodia. "The remark made by the Vietnamese official is nothing but an
      AFP  -  241 words
    • 242 4 AFP PRIME MINISTER David Lange left last Saturday for Europe, where he will face major hurdles in trying to retain New Zealand's trade in butter, mutton and apples to European Community markets During his week-long visit he will meet British Prime Minister
      AFP  -  242 words
    • 192 4 UPI SOVIET Foreign Minister Eduard Shevardnadze and the Laotian ambassador to the Soviet Union have released a joint statement declaring themselves in favour of a settlement in Cambodia. In a brief dispatch giving few details. Tass news agency reported last Saturday that Mr Shevardnadze
      UPI  -  192 words
    • 149 4 AFP JAPAN has rejected a US request that it buy more coal and start importing liquefied natural gas from the US US delegates to energy trade talks in Tokyo called on Japan to expand its imports of US coal, which
      AFP  -  149 words
    • 119 4 AFP A JAPANESE TEAM is currently seeking a 1,000-hect-are plot of land on the outskirts of Jakarta for a possible industrial complex. a newspaper said in Jakarta last Saturday. The team represents dozens of Japanese companies that want to move their plants out of Japan
      AFP  -  119 words
    • 207 4 Bernama ES PENINSULAR Malaysia's industrial production continued to grow in the first two months of this year, with the industrial production index rising 16.3 per cent to 160 5 against 138.0 for the same in 1987 In a statement in Kuala Lumpur on Saturday,
      Bernama ES  -  207 words
    • 162 4 Bernama ES HONDA Motor Company Ltd of Japan is studying the possibility of exporting more motorcycle components manufactured in Malaysia, according to a company official Mr Terumasa Kanazawa, general manager of the Asia sales department, said in Kuala Lumpur last Saturday that
      Bernama ES  -  162 words
  • Page 4 Advertisements
    • 241 4 I I I I Th e business person s cno«ce eve'y I I II I II II I Tuesday. Thursday. Saturday and Sunday I J\ I Ml Leaving Chang. A.rpo-' a* 2205 -L 1 hours and arriving Hea'i'ow early e f Ca'[ you- T- a vei Agent or Air Canada
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  • REST OF THE WORLD
    • 277 5 FT THE EUROPEAN COMMISSION has moved further towards injecting more competition into European air transport. It revealed last Friday conditions it will expect airlines to follow in fare agreements and joint ventures such as computer reservations systems. The EC, in discussions starting in
      FT  -  277 words
    • 128 5 AFP THE NEW CENTRE-LEFT coalition government of Ciriaco de Mita won a vote of confidence in the Italian Senate last Saturday by 177 votes to 106, easily exceeding the required majority of 143. Mr de Mita formed Italy's 48th post-war government on April 13
      AFP  -  128 words
    • 99 5 AFP ITALY had a balance-of-payments surplus of 646 billion lire (US$52O million) in March, the Bank of Italy announced in Rome last Friday. For the first quarter, the balance of payments was in surplus by 1.239 trillion lire (US$999 million, against 1.988 trillion for the
      AFP  -  99 words
    • 179 5 Reuter AN INTERNATIONAL PROJECT to examine the feasibility of producing almost limitless sources of energy through nuclear fusion got underway in Vienna last Thursday. Physicists from the European Community, Japan, the Soviet Union and the US met for their first session to lay the groundwork
      Reuter  -  179 words
    • 262 5 AFP IN A BLUNT WARNING to Teheran, President Ronald Reagan has threatened that continuing military and "terrorist" attacks against non-belligerents will be very costly to Iran and its people". In his weekly radio address broadcast from his Camp David retreat on Saturday,
      AFP  -  262 words
    • 502 5 NYT FOUR TOP executives of one of France s largest machine-tool makers were arrested last week and charged with selling tens of millions of dollars' worth of sophisticated milling machinery to the Soviet military. The arrests were confirmed last Friday by French authorities and
      NYT  -  502 words
    • 216 5 Reuter MEMBERS of Austria s ruling Socialist Party (SPOE) have urged its leadership to work towards the resignation of President Kurt Waldheim. saying the debate over his wartime past had made him an unbearable burden The resolution, adopted by the overwhelming majority of delegates representing
      Reuter  -  216 words
    • 515 5 Likely to be final meeting before Moscow summit Reuter SOVIET Foreign Minister Eduard Shevardnadze and US Secretary of State George Shultz are to hold further talks in Geneva on May 11 and 12. It is expected to be their final meeting before a Moscow
      Reuter  -  515 words
  • Page 5 Advertisements
    • 319 5 With Learning Automation, you can have a computer education in the comforts of your home or the privacy of your office. s fe So simple to use and learn. learning Automation is a process by which you can obtain a computer education through your PC interacting with our special Audio
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    • 128 5 THE HILTON-BRITISH AIRWAYS PLAYHOUSE presents f k DereK Geoffrey NINMfIO PalMer and Prunella Gee with RdifTjernlundi tally Creen T ih P "A delectable amoral M French confectionery." H N.Y. Times. "Wildly funny topsy-turvy H love triangle." H Daily Telegraph. H Directed by HUGH GOLDIE H Designed by m TERRY PARSONS
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  • Page 5 Miscellaneous
    • 58 5 50' 901 77/5 VERY PICTURE! MX jug COMB ON IN! HOU/<5 OLD ALUM 1 MARRJEP UFE \-KEATING Doonesbury Izll THE B/6 5* REUNION 0» A m n SN ill i7M: t f BY GARRY TRUDEAU //SLtft.. rraxiD&woKse YOU KNOW TMSUFStTCDULPBe rrs uh woßse. AumjGufc OKAY hARP TO IMAGINE HOUJ, —I
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  • MONEY AND EXCHANGES
    • 667 6  - On the lighter side wacsaaa saoaa by PAUL FRANKLAND IT IS an unhappy fact of life that matters of insurance are rarely cause for laughter. All too often, tears are more the order of the day. However, the insurance man's life is not completely without its humorous moments, thank goodness.
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    • 357 6 NYT A NEW YORK judge delivered another setback last Friday to the Irving Bank Corp, ruling that it must complete a shareholder vote on a takeover proposal by May 6. The decision raises the pressure on Irving executives to settle the protracted
      NYT  -  357 words
    • 1676 6 Union Bank of Switzerland AFP WHEREAS, not long ago. the US dollar was at liberty to make daily jumps of three centimes, it is now undergoing a phase of pronounced lethargy. In contrast to sterling's strength, which challenged the Bank of England to intervene, the dollar fluctuated hesitantly
      Union Bank of Switzerland; AFP  -  1,676 words
    • 370 6 Gold Financial futures Green A Collier AT THE New York Commodity Exchange, gold prices ended an uneventful week on a softer note in light trading. Spot gold last traded last Friday at U*****.90 an ounce, down US$5 over the previous week's settlement. The bullion's failure to rally in spite of
      Green A Collier  -  370 words
    • 231 6 j ASIAN CURRENCY average deposit rates for the week I ended April 22 1 BiO PRICES 1 High Low us s 7 days 7 6 15/16 1 month 7 1/16 7 I 2 months 7 1/S 7 1 3 months 7 3/16 7 1/8 6 months 7
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    • 491 6 PLR of banks at the close of business on Friday, April 22, as supplied by the Association of Banks in Singapore. Indicates the average of the prime lending rates of 12 major banks in S'pore j BANK PLR Algemene Bonk 6% Allied Irish Bank PLC 6 American
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  • Page 6 Advertisements
    • 75 6 MERIDIEN SINGAPOUR i'lmiL ni I!# 1 ISLiilli <r'iSs^ brasserie LIPP The famed brasserie Lipp is now at La Brasserie Georges Starring Chef Juliard from Paris For a limited season only from 15-30 April! Secretaries' Week Special Don't miss this opportunity of treating your secretary to superb French cuisine at the
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    • 9 6 IB R4NQUEINDOSUEZ 3 Shenton Way, Shenton House, Singapore 0106
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  • BANKING AND FINANCE
    • 628 7 Reuter THE AMERICAN Eagle gold coin is missing out on a booming demand for gold products in Asia because it is not being promoted widely enough, say US dealers and coin industry analysts. Sales of the Eagle fell to 1.2
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    • 136 7 Reuter BANKING REGULATORS from about 100 countries will meet In Tokyo for three days from Oct 12 to seek better ways to cope with changing financial environments, according to Japanese finance ministry officials. The meeting would address the issue of the international
      Reuter  -  136 words
    • 137 7 Reuter THE BANK of Canada's key bank rate has risen to 9 06 per cent from 8 96 per cent two weeks ago The rise prompted four Canadian banks The Bank of Nova Scotia, National Bank of Canada. The Tofonto Dominion Bank and Canadian Imperial
      Reuter  -  137 words
    • 472 7  -  Lowest in market for 6- to 30-year loans By ALVIN TAY DBS BANK, a major home financier which has been surprisingly quiet during the past two months, has re-surfaced with new housing loan rates of 5.5 to 5.9 per cent for maturities of up to
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    • 274 7 Reuter COMMERCIAL BANK LOANS to some sovereign borrowers are starting to carry slightly wider margins and more accurately reflect the risks they carry, according to David Walker-Smith, the executive director at Manufacturers Hanover Trust in London. Since December there has been a slow movement
      Reuter  -  274 words
  • Page 7 Advertisements
    • 204 7 THANKS TO THF. SINGLE-MINDEDNESS OF OUR DESI'GNERS SPECIFICATIONS OF THE ATTESA ARE SUBJECT TO CHANCE. When our Swiss counterparts first set to work on the Attesa their objective remained clear: They were to build a lounge so versatile that it could be arranged in virtually any configuration. Without the need
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  • COMMODITIES
    • 554 8 UPI THE ORGANISATION of Petroleum Exporting Countries will meet this week with seven nonOpec nations in an attempt to forge an international oil coalition to cut production and bolster oil prices. "This meeting may well be historical," Opec president and Nigerian
      UPI  -  554 words
    • 297 8 Reuter MALAYSIAN SUPPLIERS and users of latex differed at a meeting in Kuala Lumpur last Friday over whether the recent shortage of the commodity had ended. "The meeting was a sop. Producers said there was no problem but I will believe that when
      Reuter  -  297 words
    • 1354 8 AFP THE SUDDEN ESCALATION of tension in the Gulf, with hostilities between Americans and Iranians last Monday, dominated trading on the London commodities markets at the beginning of last week. North Sea crude oil prices reacted with a strong rise, reaching U5517.50 a barrel,
      AFP  -  1,354 words
    • 296 8 Rubber KL Tin Bernama ES THE MALAYSIAN rubber market remained unchanged last week with Int RSS One still fetching 308.50 cents a kg amid tight latex supplies. The market started off the week four cents higher at 307.00 cents a kg on short-covering and was maintained around that level for
      Bernama ES  -  296 words
    • 342 8 Bernama Crude palm oil future* on the KLCE closed mixed to easier in moderately active trading last week The market opened lower in line with the easier CBT overnight soyoil market and continued its bearish trend on long liquidation by physical houses. Turnover for the week was smaller
      Bernama  -  342 words
    • 170 8 Chinese Produce Sarawak white Exchange FOB foq NLW 1092.50 Sarawak special MMrt noon doting prices on block FOB NLW 715.00 April 23 (SS/100 kg) Sarawak Asto Coconut oil block FOB NLW 810.00 106.00 Lampong block Bulk FOB FOB Asto NLW 800.00 Old drum FOB 116.00 Coffee New drum
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    • 318 8 London No 6 FOB (USS/tonne) Commodity May 197.60/198.00 High/Low 198.20/193.00 Exchange Aug 197.60/197.80 High/Low 197.20/192.20 Soles (3884 Buyer/Seller closing prices on Raw April 22 (£/tonne unless speciNo 6 CIF 226.2 (228.8) fied). No 6 FOB 193.2 (195.8) Previous closing prices in White No 5 237.5 (240.5) parenthesis. 0il8
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    • 139 8 SOYBEAN FUTURES on the Chicago Board of Trade rallied late and posted gains of 3% to 6V4 US cents a bushel last Friday May settled four cents higher at US$6 63V4 Prices ended on or near session highs on local, commission house and professional pre-weekend short-covering. Demand was boosted
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    • 148 8 WHEAT FUTURES on the Chicago Board of Trade closed lower last Friday with prices off one US cent a bushel across the board except in spot May which settled up cent at US$3 15 The May contract benefited from steady commercial buying on the scale-down while other months were
      148 words
    • 142 8 Reuter AUSTRALIA has lifted its ban on coal exports to Japan, but warned that it would veto future contracts unless realistic prices were offered. "The bottom of the price bucket has been reached," Primary Industries and Energy Minister John Kerin said in
      Reuter  -  142 words
  • Page 8 Advertisements
    • 288 8 The world's largest worldwide centrally-owned removals network Coming summer, if you are taking up a new job overseas or emigrating or returning to your native country, it would be best to start early in planning for the moving of your household goods now. At no cost or obligation, we will
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  • Page 8 Miscellaneous
    • 53 8 VBIMI W// Singapore OUTLOOK: Showers over several areas In the afternoon Report for 24 hours prior to 7.30pm on April 24 ot the airport: Max temp 32.5 Assoc humidity 70 Mln temp 25.9 Assoc humidity 93 Hrs of sunshine..... 5.90 Rainfall In mm Nil Rainfall this mtti 70.4 Rainy days
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  • Page 9 Advertisements
    • 207 9 Here's the full account of the new Corona CD's and w+4ft. w m m ,«&<» t.,„ r m. V 3B MM* y A CD-player for distortion-free high-fidelity music Toyota s critically acclaimed 16-valve twin-cam engine for high performance and low fuel consumption. s A cooler box for refreshments. A seat
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  • PERSPECTIVE
    • 798 10  -  The mood in South Korea has changed. In stark contrast to the tension-laden days of the 1987 presidential election, the campaign for tomorrow's National Assembly vote has sparked nothing so much as widespread apathy. ROGER CRABB reports. ROGER CRABB Reuter SOUTH KOREANS go to
      Reuter  -  798 words
    • 534 10  -  By IAN PEDLEY AFP BRISBANE, the sub-tropical city on the east coast of Australia, is set to become the leisure capital of the world for the next six months. World Expo 88 opens its doors for business this Saturday a
      AFP  -  534 words
    • 506 10  -  By ELIOT BRENNER UPI A NEW intelligence report shows the Soviet economy was stagnant in 1987 and there is little evidence of progress in the reforms of Mikhail Gorbachev. US Senator William Proxmire said yesterday Mr Proxmire, releasing a report to the Joint Economic Committee
      UPI  -  506 words
  • Page 10 Advertisements
    • 430 10 SUCCESSFUL CREDIT MANAGEMENT Today's competitive business environment dictates the giving of credit terms to increase sales. The implication is increased credit risk and increased probability of frauds. Yet this need not be the case it Credit Management is well organised to meet the challenge. With leading edge technology, Credit Management
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  • Page 10 Miscellaneous
    • 691 10 CRYPTIC PUZZLE ACROSS 4 A dog to check out as safe (6) 7 Pet on double rations? 8 Doesn't change, this place (6) 10 Put ad men right? (5) 13 Bends at the front (4) 14 Mouse-like car? (4) 15 Something good to play in (4) 16 Incubator infant? (3)
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  • THE ARTS
    • 475 11  -  iaMi® -By SHAUN KOH THE DOMINANT theme In his home is the Far East especially South-east Asia and oriental artwork adorns his walls. The region is. after all, one of Geoffrey Saba's interests, and he tries to perform as much as
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    • 122 11 APPLICATIONS for entry are being accepted for the Rolex Music Performance Awards 1989. The deadline for applications is Dec 1, 1988. The annual competition, launched in February 1987 for pianists and violinists, will be held in Singapore from March 26 to April 8 next
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    • 718 11 Harper Row wins bid for Lao-Tze translation NYT AFTER a spirited auction involving eight publishers, Harper Row recently agreed to pay USssl3o,ooo for a new translation of a Chinese book of philosophy and religion written more than 2,000 years ago. The amount is one of the highest ever paid to
      NYT  -  718 words
    • 434 11  -  By SHAUN KOH IT WAS REWARDING to hear the Chilingirian Quartet perform last Saturday evening at the Victoria Concert Hall. Their playing was highly responsive and expressive, and filled with an infectious vigour qualities we have come to expect from a group of such high
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    • 371 11  -  By TOH HAI LEONG 1964, based on the famous bleak novel of totalitarianism by George Orwell, is Michael Radford's second feature film that distinguishes itself by its deliberate slow pace and an uncompromising artistic vision approximating that of acerbic Orwell's. Radford, one of the initiators of the
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  • Page 11 Advertisements
    • 19 11 A weekly column which takes a more personal look at the world of music and the people in it.
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    • 63 11 Cool and Ref i'eshi n^ KINTA*MANI -INDONESIAN RESTAURANTIt's delightful this cool inviting concoction of water chestnut, sago and coconut milk in crushed ice. Mildly sweet, it is a palatable Indonesian favourite excellent as a light dessert. Ask for Es Delima! I'M mil Level 3 Opening Hours: 12noon 3.00pm 6.00pm 10.30pm
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  • Page 11 Miscellaneous
    • 1590 11 to qhd mm i v<c 5 Or Stanley Shephard (Timothy Hutton, left) tries to communicate with the Iceman (John Lone) 25TH ANNIVERSARY SPECIAL I Iceman 9.30pm, Channel 5 A Neanderthal man is found frozen in ice, and scientists manage to bring him back to life, but only young scientist Stanley
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  • SPORTS & LEISURE
    • 440 12 NYT LIKE A GIANT DRAGONFLY out of myth, a fragile ultra-light plane with a Greek cycling champion at its pedal controls skimmed 74 miles over a choppy Aegean Sea last Saturday to establish three new world records for human-powered flight. Propelled by the churning legs of Kanellos
      NYT  -  440 words
    • 271 12 NYT THE WORLD s leading chess grandmasters declared a new era for their game last Saturday after a hard-fought tournament they themselves had helped to organise in Belgium. The first chess World Cup tournament, won by a former world champion, Anatoly Karpov of the
      NYT  -  271 words
    • 119 13 FEU VERT won the Perak Derby in style yesterday, striding away from Measure II to win by an easy 1% lengths. It was his eighth win and his fourth in a major classic race. The win brought his total earnings to $868,100 Trained in Singapore
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    • 436 13 AFTER THREE HOURS of working with three batches of juniors, the verdict from Paul McNamee of Singapore's tennis future was both good and bad. The good news is that in our nine-year-olds, Singapore has a bunch of players whose natural talent and ability
      436 words
    • 54 13 Reuter AUSTRALIAN Rodney Martin made a shock exit in the first round of the Paris Open Squash Championship on Saturday, only five days after appearing in the British Open final. Fourth seed Martin, troubled by a mystery virus, succumbed to veteran compatriot and ex-world number one Geoff Hunt
      Reuter  -  54 words
    • 644 13  -  I Singopore J Women's J Open By WALTON MORAIS THE GROUND WORK was laid in Japan a week ago. After she had beaten world number 13 Natalia Zvereva in the second round of the Japan Open, it was going to be hard stopping Monique Javer. Yesterday,
      644 words
    • 353 13  -  By CHERRIE HOLDER SHE LOVES the opera, listens to Mozart and is an avid patron of the ballet. But on centre court yesterday, Monique Javer left behind her classical inclinations, turning into a tigress to clinch a 7-6, 6-2 victory over Leila Meskhi in the DHL Singapore
      353 words
    • 349 13 AP IVAN LENDL of Czechoslovakia. the world's No 1 tennis player returning to the circuit after a two-month layoff, gained his first final of the year as he beat Frenchman Yannick Noah 4-6. 7-6(7-4), 6-3 last Saturday in the U*****,500 Monte Carlo Open.
      AP  -  349 words
    • 180 13 Reuter SPANIARD Manuel Pmero. who partnered Severiano Ballesteros to victory in the 1976 World Cup but lost his taste for golf and dropped out of the limelight, bounced back with a 67 to take the lead in last Saturday's third round of the US$3BO,OOO Madrid Open championship
      Reuter  -  180 words
  • Page 12 Advertisements
    • 268 12 4 COURYOISIER XO-Where to eat, drink... Rtr the health<onscious, weight-watchers or simply lovers of greens, we present you Daily from 11 am to 2pm at Cafe Vienna Fbr 98.90 you can tuck into more than 35 varieties of salads, eight dressings, eight condiments, soups, breads, mlLs and fresh fhiits. Treat
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    • 215 12 SlKi much more.. $22.00+ per pecno Programme iadudcs Mien shows by hor'j Modds, daßy h*±y (ferns, door gifts for Ihe aeaetaiies and a WUd fkxh Watt Cooler far Secretaries only *******43 The R*****8 hMNOTTEL REDISCOVER EI)F\ •^fir It's Secretary's Week! 24th 30th April '88 Vour secretary must be honoured for
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    • 332 12 SECRETARIES WEEK Monooy 2SAo> <9M TUMOOV 26 April 19M *»*»>—t>o» 27 April 19M Tnurtoov 29 April «9M f"dOV 29 April <9M SCu'aoy M April 19M GOLDEN DEDICATED TO SECRETARIES ALL OVER THE WORLD mVg in cetetxaton of Secretaries Week CATHAY PACIFIC AIRWAYS HONG KONG TRADE DEVELOPMENT COUNCIL present 'A Twte
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    • 287 12 SUNDAY FAMILY LUNCH M V s. nl J m ik Bnng the family for a fabulous meal of fresh seafood and Chinese dishes from our a la cane menu. At a generous 25% off the bill. But only on Sundays between 11.30 am and 2.30pm. And for a limited period.
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    • 230 12 iIiMMISTiI 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) ■IIMU 1 For reservations call *****11 ext 721,
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  • Page 13 Advertisements
    • 540 13 and entertain 4 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THF. CHOICE OF MAIN COl USES PALM c u For between $26++ and $40++ I ou can se ect from our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose
      540 words
    • 188 13 VERITY How to take your game to greater lengths. Play with Marumans Verity irons and woods. All Wntv irons have Same Position Sweet Spot which is always located at an ideal (iO% from the toe and 40% from the heel of the club face. They also have Strong Power design
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  • MARKET REVIEWS
    • 5324 14  -  f 1 Singapore P 4 By MAGDALENE NG IN A RARE SHOW of independence last week, the Singapore stock market staged a mild mid-week rally to finish at the week's high despite unsteady and volatile Wall Street and Tokyo performances. Although trading
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    • 436 15 Singapore Stock Indices April 18 April 19 April 20 April 21 April 22 BT Comp 1 ***** ***** 824 87 830 48 839 21 BT OB OS 10 67 13 55 +6 107 BT CADI 11 -7005 -6995 6917 6904 6848 BT 10-doy av 11 -6942 -6941 6935 -6935 -6924
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    • 504 15  -  compiled by JULIANA TAY Week ended Apr 22 SCRIP ISSUES Amcol: Bonus issue of one-for-ten Hexza Corpn: Rights issue of one-for-two at $065 per shore Bonus issue of one-for-six (nghts entitled to bonus). Nat Iron: Bonus issue of one-for-two. Pilecon Bhd: Rights issue of one-for-two
      504 words
    • 334 15 K.Lumpur j Bernama ES PRICES on the Kuala Lumpur Stock Exchange advanced on bargain hunting and speculative buying last week, taking the key market indicators to new postcrash highs The KLSE Composite Index rose 9.33 points over the week to 309 48 while the KLSE
      Bernama ES  -  334 words
    • 453 15 IIIU Tokyo A AFP THE NIKKEI Stock Average, the key indicator of the Tokyo Stock Exchange, topped the 27,000-yen mark last Saturday for the first time since April 14, when it hit a record 27.111.35 yen. The average of 225 blue chips closed out last
      AFP  -  453 words
    • 532 15  -  From SHIRISH NADKARNI and AJIT AGHARKAR IT WAS A WEEK that saw the smiles return to the faces of marketmen, as equities on the Bombay Stock Exchange (BSE) staged a smart rally from their subdued conditions of late, and made substantial gains on a
      532 words
    • 215 15 AFP THE AUSTRALIAN share market last week had a relatively quiet time with little selling of note as nervous eyes watched the doings on Wall Street Brokers said there was no evidence of panic following the sharp dip earlier in the week There was a
      AFP  -  215 words
    • 1068 15 HI L x j j Hongkong y DBS Securities HK ENCOURAGED by the weekend news that the Dow Jones had closed up slightly the previous Friday, the week started optimistically. However, this mood was abruptly shattered with the news that the Nikkei was taking
      DBS Securities HK  -  1,068 words
    • 577 15  -  London y From RAY HEATH STOCK MARKET veterans with memories of the sad stop-go economic policies of a couple of decades ago recall only too well that runaway consumer spending was the signal for the traffic lights to turn red again. The inability
      577 words
    • 288 15 UPI THE NEW YORK market ended a volatile week last Friday with a winning performance as prices closed sharply higher in moderate trading. Traders cited futures-related buying, a firmer dollar and a steady bond market for the gains. The Dow Jones Industrial Average,
      UPI  -  288 words
    • 263 15 ABN Bank THE ABSENCE of any important news and the aftermath of the disappointing US trade deficit announcement resulted in a dull stock market last week Trading volume was low. (daily average DFL 510 million, with a downward trend), and stock prices hardly moved The
      ABN Bank  -  263 words


  • COMPANY NEWS
    • 288 16 SINGAPORE-BASED Yeo Hiap Seng Ltd has announced that its newly set-up wholly-owned subsidiary in Canada will acquire a fruit processing business in that country for Cs3 million ($4.8 million). The subsidiary, YHS Fruit Concentrates Ltd, is expected to
      288 words
    • 447 16 Contracts to make batteries and tyres MBT TWO COMPANIES in the Sime Darby group have clinched contracts worth a total of M 53.2 million to manufacture batteries and tyres for the African and MiddleEast markets. Century Batteries (M) Sdn Bhd, a subsidiary
      MBT  -  447 words
    • 444 16 INTEL CORPORATION, a leading manufacturer of semiconductors, microprocessors and microcomputers, is well-known as a trailblazer in the semiconductor industry. The company was founded in 1968 by two men who are now legends in the industry. Robert Noyce, co-inven-tor of the integrated circuit, and
      444 words
    • 212 16 Bernama ES MALAYSIA should reduce its corporate tax to 35 per cent from 40 per cent currently by year of assessment 1989 to enhance its investment climate, said tax consultant Or Arjunan Subramaniam. Or Subramaniam, national tax director of HRM (Tax Services)
      Bernama ES  -  212 words
    • 152 16 Reuter INTEL CORP is close to meeting customer demand for its ***** microprocessor but will not be able to eliminate the shortage of the popular chip until its new plant near Albuquerque. New Mexico, begins manufacturing it this summer. "We are not that
      Reuter  -  152 words
    • 84 16 Company RIGHTS ISSUE Hexza Corpn On*-lor-two JO 65 pe' shor* Ex-dot*: Apr 28 Books dot* May 13 Pilecon Bhd On* lor two $065 p*r ihor* Ex-dot*: Apr 27 Books dot*: May 12 Company BONUS ISSUE Amcol On*-lor t*n Ex dot* May 31 Books dos* iwn 10 DBS On*lorliv*
      84 words
    • 377 16 Company RIGHTS ISSUE AMDS One-for-four $0 50 per stars C 1 Holdings 27 million loon stocks in the rotio of (3 loon itock lor eve'y five ordinary shares held Duta Cons One for one $1 10 per share F A C B One to' one $060 per shore
      377 words
    • 773 16 msm By HOCK LOCK SIEW INVESTORS do not seem terribly excited over the new computerised order routing system currently in the test run stage. Well, they should be. Of all the Pan Electric-triggered market reforms, they stand to gain most from this one.
      By HOCK LOCK SIEW  -  773 words
    • 1372 16 Current El dele ■oak* ctooe ll ToW tor the jreer ToM for tell yttr A B N '354% May 3 NYA NYA 27% 27% Amcol 10% Moy 31 Jun 10 Jun 24 '0% 10% Asiatic D*« 3% May 19 Jun 3 Jul 1 5% 5% BAT 318% Mar
      1,372 words
    • 90 16 Bernama ES MALAYSIAN FEEDMILLS Ltd has reported a lower group pre-tax loss of $2.57 million for 1987 against $7.74 million previously. Group loss attributable to shareholders fell to $2 31 million from $7.02 million while loss per share fell to 18 cents from 40 cents.
      Bernama ES  -  90 words
  • Page 16 Advertisements
    • 71 16 C k nßo\/ Hear the sounds of the 60's featuring Manila's #1 Revival Band The Hi-Jacks Nightly performance Sunday to Thursday Bpm to lam Friday to Saturday 9pm to 2am NO COVER CHARGE Jug O'Beer Nights every Sunday, Monday and Tuesday $20/- nett per pitcher RESTAURANT Metro Paragon. 290 Orchard
      71 words
    • 479 16 NOTICE NOTICE IS HEREBY GIVEN that, I Tan Swee Ing of No 716 Bedok Reservoir Rd #04-4518 Singapore (1646), have applied for a Second Class Beer House licence in respect of premises at M/s Rocovo Restaurant at 151 Thomson Road, Singapore (1130), and that this application will be heard in
      479 words

  • WORLD MARKETS
    • 819 17 New York Reuter FUTURES-RELATED program activity sent the stock market on another ride on Friday, but this time the direction was mostly up Waves of futures-linked buying lifted the market early and late in the session, brokers said. The Dow Jones Industrial Average rose 27.69 points at
      Reuter  -  819 words
    • 1050 17 London LONDON share prices on Friday showed a firmer tendency in late trading helped by gains on Wall Street. But volume was light and did not appear to reflect much buying for the new account which starts today, dealers said. The FTSE 100 Share Index closed
      1,050 words
    • 1483 17 Amsterdam APR 22 FLS 1ABN 39 80 -02 Aegon 74 10 -07 Ahold 70 20 1 4 Akzo 109 40 *03 Alrenta 151 50 unch AMEV 49 80 unch Amro Bank 65 90 -08 Ass Stad 119 20 -2 2 Berkel 13 10 02 BOLS 119 00 -1 Borsumi| 92
      1,483 words
    • 86 17 FT TEXAS INSTRUMENTS, a leading US electronics, computer and defence group, has reported sharply higher earnings from operations thanks in part to a sharp improvement in semiconductors A large reduction in other income such as royalty payments resulted, however, in lower net earnings Net
      FT  -  86 words
    • 674 17 Tough competition expected from specialist companies Reuter JAPAN'S six major trading companies. all experts in international trade but unschooled in high technology, may one day regret their ventures into domestic telecommunications. Japanese industry analysts feel that huge risks and fierce competition from specialist
      Reuter  -  674 words
    • 441 17 NYT CARL ICAHN, the New York investor and chairman of Trans World Airlines Inc. last Friday resumed his efforts to take the airline private. Mr Icahn is seeking to buy the 23 per cent of the airline s shares he does
      NYT  -  441 words
    • 127 17 NYT SIGNALLING THE START of direct Japanese participation in the US options markets. a representative of Nomura Securities has executed the first options trade by a Japanese securities firm on a US exchange Last Friday Tetsuya Wada. a vice-president who heads Nomura s Chicago office, bought
      NYT  -  127 words
    • 389 17 NYT AS WALL STREET went into its chaotic tailspin last Oct 19. the New York Stock Exchange struggled to keep trading open and preserve a bedrock principle: that the exchange provides a marketplace where investors can
      NYT  -  389 words
  • Page 17 Advertisements
    • 7 17 Stockholm and Vienna prices were not available
      7 words
    • 206 17 KINGCUPS 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 ot Members ot the Company will be held on Thursday 26th May 1988 at 1100 am
      206 words
    • 362 17 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF TAKE ONE PTE LTD (IN MEMBERS VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN, pursuant to Section 306(2) of the Companies Act Cap 50 that the Final Meeting of the Members of the above named company will
      362 words
    • 279 17 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND SUNLAND INVESTMENT PTE LTD. (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 50 Jin. Sultan #21-04 Jalan Sultan Centre. Singapore 0719 on Monday the 18th day of April 1988 at
      279 words
    • 272 17 THE COMPANIES ACT. CAP. 50 FLORES MARITIME PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of Flores Maritime Pte Ltd duly convened and held on 20 April 1988. the following special resolution was passed Winding Up It was resolved that the j Company be wound up vol- untarily
      272 words
    • 289 17 THE COMPANIES ACT. CAP. 50 CAROLINE MARITIME PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of Caroi line Maritime Pte Ltd duly convened and held on 20 April 1988. the following special resolution was passed:Winding Up It was resolved that the Company be wound up voluntarily pursuant to
      289 words

  • 177 18 UPI VOTING in France's first-round presidential election got underway yesterday in about 36,000 polling places, but separatist violence in the overseas territory of New Caledonia forced the closure of many voting stations. Military authorities in Paris said eight gendarmes were wounded, one seriously,
    UPI  -  177 words
  • SATURDAY ROUNDUP
    • 100 18 A 29-YEAR-OLD SCHOLAR, Chan Kam Fai, will head the Trade and Industry Ministry's Economic Research Unit after its present director leaves for the National University of Singapore. Mr Chan, an Overseas Merit Scholar, replaces Dr Tan Kong Yam, who will join NUS's School of Management
      100 words
    • 60 18 THE NTUC Women's Programme Secretariat is to set up a unit to help women find fulland part-time jobs. For those interested, it will also look into training and job orientation. Ms Nancy Teo, women's programme section secretary, disclosed this on Saturday at a forum titled Towards
      60 words
    • 182 18 A quick look at Saturday's main news TRADE UNIONS made a call on Saturday for an immediate restoration of part of the Central Provident Fund cut implemented two years ago. The cut was designed to help Singapore get out of the recession. The call was
      182 words
  • 250 18 CHIA THYE POH, detained since October 1966, declined an offer by the Canadian government last September to emigrate. Disclosing this yesterday, a Home Affairs Ministry statement said: "It would appear that he prefers martyrdom with the chance of glory if the Communist revolution
    250 words
  • 260 18 A GOOD GOVERNMENT, not luck, is the main factor behind Singapore's success as a prosperous and progressive country, said Dr Tay Eng Soon, Minister of State for Education. Speaking at the 50th anniversary dinner of the Tong San Association yesterday,
    260 words
  • 105 18 A ROUSING WELCOME by kindergarten children (above) marked the start of a varied and hectic day for Community Development Minister Wong Kan Seng yesterday. The minister's twoconstituency walkabout took him first to Aljunied where he toured several places, including a Muslim orphanage and a
    105 words
  • 542 18 Dealers worry about inflation Reuter DEALERS IN CURRENCIES and stocks expect a quiet but nervous time ahead. Six months after last October s global stock market crash led some to worry about a worldwide economic recession, most dealers and economists now fear
    542 words
  • 106 18 Bernama FORMER Trade and Industry Minister Tengku Razaleigh Hamzah said last Saturday that the disunity existing at present was due to leaders who were "not gentle'' and failure to abide by the regulations and constitution of the old Umno. He said this was seen from the dropping
    Bernama  -  106 words
  • 87 18 Bernama JOHOR Executive Councillor Haji Abu Bakar Dewa has refuted claims by some quarters that Umno Baru does not have the support of the Malays in Johor. He said in Batu Pahat yesterday that the claims were not true in view of the great demand for
    Bernama  -  87 words
  • 272 18 IN PLUGGING into the technological grid of the advanced nations, "we may have rewarded the whiz kids and neglected the many 'plateaued' employees who form the backbone of every organisation", observed Foreign Affairs Minister S Dhanabalan yesterday. Declaring open Professional Secretaries' Week 1988. Mr Dhanabalan
    272 words
  • LATE FILE
    • 36 18 Reuter SIX Iranian gunboats attacked a Liberian-flagged tanker at the mouth of the Gulf yesterday, a day after President Reagan warned Teheran it would pay dearly for raids on neutral shipping. Reuter
      Reuter  -  36 words
    • 46 18 UPI A PRO-IRANIAN clandestine organisation yesterday threatened to "execute'' its two Americans hostages in retaliation for what it called "increasing American aggressions in the Gulf". A statement released in West Beirut was accompanied by a photograph of one of the Americans. UPI
      UPI  -  46 words
    • 46 18 AFP PHILIPPINE Vice-President Salvador Laurel yesterday warned that an unjust redistribution of private farms through land reform could lead to the government's downfall. Addressing land owners in Manila, he said the government should give up its own holdings before touching private land. AFP
      AFP  -  46 words
    • 36 18 UPI VIETNAM'S population redistribution plan is failing due to food shortages, poor transportation, rapid price fluctuations, broken government promises, and governmental infighting, according to a Radio Vietnam report released yesterday. UPI
      UPI  -  36 words
    • 44 18 UPI AFGHAN PRESIDENT Najibullah, in an unprecedented exchange with visiting Americans in Kabul yesterday, said his government would accept a cut-off in Soviet military aid only if the US ends arms supplies to Pakistan and to Afghan resistance fighters. UPI
      UPI  -  44 words
    • 44 18 Reuter ISRAEL yesterday allowed Palestinians living in the occupied West Bank and Gaza Strip to leave their homes and travel to jobs in Israel for the first time in a week, but has failed to end an Arab business strike. Reuter
      Reuter  -  44 words
  • Page 18 Advertisements
    • 884 18 Free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Boeing has set up a regional spare parts distribution centre in Singapore, giving the aviation industry another boost. 2. Why sports goods company Adidas has stopped the re-exports of
      884 words
    • 0 18 }($_*?-(!)|,{%,-$%]?+`}\>~^.~`(
      0 words

  • SHIPPING TIMES
    • 79 19 AFP CHINA is to buy two container ships worth 150 million Deutschemarks (US$9O million) from the West German shipyard Howaltswerke Deutsche Werft (HDW) AG, the company announced Ernst Pieper, chairman of the Salzgitter group, which owns a 74.9 per cent stake in HDW,
      AFP  -  79 words
    • 304 19  -  Direct call will be made at Port Klang By G DURAIRAJ SEA-LAND Service has plans to upgrade its regional service which would include a direct call at Port Klang, in response to expansion plans by American President Lines (APL) in South Asia and
      304 words
    • 405 19 Reuter DRY CARGO freight futures collapsed last Thursday to their third 50-point limit fall two weeks ago, and only a major grain purchase by the Soviet Union can stem the current fall, traders on the Baltic International Freight Futures Exchange said. Signs
      Reuter  -  405 words
    • 256 19 AFP THE DUTCH port of Rotterdam will have to develop its rail and road links to face competition from the Channel Tunnel between Britain and Europe, port authorities said. Rotterdam, the world s biggest port, handles most freight traffic between Britain and the
      AFP  -  256 words
    • 360 20 Fairplay JOHNSON LINE, the Swedish shipowner, has reported an operating income for 1987 of SKr69 million (US$ll.7 million), compared with SKr97 million the previous year. However, income from ship sales fell from SKr67 million in 1986 to SKrl2 million last
      Fairplay  -  360 words
    • 435 20 Lloyd's List A SHIFT by many Japanese towards traditional flags of convenience has been pinpointed as the reason for a substantial increase in export orders signed by Japanese shipbuilders during 1987-68. The Japan Ship Exporters Association (JSEA) said Japanese shipbuilders signed contracts to
      Lloyd's List  -  435 words
    • 1027 20 UNCONFIRMED reports are circulating the ship sale and purchaae market that Exxon has purchased the Wllnora, motor tanker of 125,457 tonnes dw built 1977, for around US$25 million, secondhand-ton-nage brokers said. The vessel was converted in 1982 for offshore installation work. Scandinavian buyers are reported to have bought four
      1,027 words
    • 913 20 AB Shpg V i ABC Contain*' vw 1 Accord Shpg VI 3 Ahrenkiel liner XI 3 Africa Ocaon XI 2 Allfrons VI 3 AC Toepfer XI s Americon T pt XI 4/5 Anro Sarvic* IV 2/3 Arrow Imas IX 5 Asian Ocaon XI 4 Amoc Carnage XI
      913 words
    • 151 20 Reuter IRAN'S gunboats stayed out of sight on Saturday as US and allied navies searched Qulf shipping lanes for mines five days after a US-Iranian naval battle, shipping sources said. "The gunboats are staying in port while American warships
      Reuter  -  151 words
    • 308 21 AMERICAN President Companies has introduced the first 53-ft long freight container for use in domestic transportation services in North America. The new large-capacity units will initially be available in a door-to-door, combined stacktrain and truck service between Southern California and markets in the US
      308 words
    • 463 21 Reuter TRANSPORT FIRM Nedlloyd's results are likely to show a mild recovery in 1988, said analysts, who endorsed the firm's expectations of a 30 guilder per share net profit. Nedlloyd earlier reported a 1987 loss of 1.01 billion guilders, after a 1986 net profit
      Reuter  -  463 words
    • 56 21 Reuter THE US Coast Guard has suspended a 36.000 sq km search in the North Atlantic for survivors of a Greek-owned tanker that broke up in flames. The tanker Athenian Venture was carrying 29 Poles when it apparently exploded about 600 km southeast of Cape
      Reuter  -  56 words
    • 116 21 Reuter INDIAN TEA shipped from Calcutta to London will cost at least 35 paise more per kg due to a 15 per cent increase in freight rates, said V M Nair, deputy manager of the Shipping Corp of India He said there will
      Reuter  -  116 words
    • 7936 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.
      7,936 words
    • 1004 27 NORTH AMERICAN grain rates on the London shipping freights market continued their steep decline thursday in both US Gulf and US North Pacific loading areas Peavey fixed the West Mannori from the US North Pacific to Japan with a 52,000-ton first-half May cargo at the much-reduced level of
      1,004 words
    • 1457 27 AT CONVENTIONAL WHARVES Vessel Berth Arrival Departure KEPPEL WHARVES &*»de< Hi <22 alongside 26 04 0700 Moiroto OS olongs.de 26 04 0700 Gi *28 olongs.de 2504 1600 KIS oiongs.de 25 04 0600 Kmok «7 OiOngs.de 27 04 2359 KONJ Wifo«ro Ol a'cngvae 2604 2300 Kv To* *13
      1,457 words
    • 2046 28 A—B AB Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg (S) Accord Shpg Accord Shpg (S) Africa Ocean Lines Sealion Shpg (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK) Alltrans Alltrans Express American President Lines
      2,046 words
    • 388 30 Reuter ANGRY New Zealand officials are blaming a flood of Chilean apples into the European Community for quotas imposed on all southern hemisphere producers. Wednesday's shock move by the community has been denounced by the New Zealand government and growers. They say it
      Reuter  -  388 words
    • 118 30 P 0 seamen vote to continue strike Reuter STRIKING seamen at UK ferry operator Peninsular and Oriental Steam Navigation Co said they voted to continue a 12week stoppage There was an overwhelming vote to continue the strike," Mike Gibson, a spokesman for the National Union of Seamen (NUS), said Most
      Reuter  -  118 words
    • 240 30 Reuter NEW MEASURES aimed at improving the safety of car ferries have been approved by the Maritime Safety Committee of the International Maritime Organisation, IMO said. They will become amendments to the International Convention for Safety of Life at Sea (SOLAS) 1974. The amendments,
      Reuter  -  240 words
  • Page 19 Advertisements
    • 884 19 &},{\.^^|>^.|'^%{>>+`*![;_$^{%" OOCL OigENT Ovf kjcas Cotdcatm Lime NORTH AMERICA ATLANTIC EXPRESS (ROUND-THE WORLD ROUTING* WW/ Voy SGP LBH CHTO* NFK NYC HFX NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE 14 214 21 5 31 5 2"6 46 86 19 5 5 285 76
      884 words
    • 100 19 mm A SHIFT by many Japanese towards traditional flags of convenience has been pinpointed as the reason for a substantial increase in export orders signed by Japanese shipbuilders during 1987-88. Page II AMERICAN President Companies has introduced the first 53-ft long freight container for use in domestic transportation services in
      100 words
    • 733 19 <*> V TIMES STP Distributors Cl& USA IS CLOSER TO YOU WITH MAERSK OAKLAND 17 DAYS LOS ANGELES 18 DAYS This *eek Arthur M Closing Time C* 27/4 2XO HPS CFS 27/4 1300 MRS I ARTHUR M 8806 ANNA M 8806 M TACOMA 8808 M ROTTEROAM 8806 ANDERS M 8808
      733 words

  • Page 20 Advertisements
    • 458 20 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ALSO ACCEPTING CARGO TO: AIL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS. GOTHENBURG, MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT CONV/SEMI-CONTAINER SERVICE TO MED EUROPE MALTA I CASABLANCA! LEIXOES BILBAO| AMSTERDAM! HAMBURG| HAVEN er S: Sinjppor* *****00 Booking* *****06 CFS *****48
      458 words
    • 17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
    • 376 20 is c SAV Ccrrp.irr.i Sud Amcncjn.i de ijecrcs S C- .'JB TO/FROM CHILE FEEDER VESSEL |rPO«| BOTHER VESSEL M MICA IQQ ANTOFVALP SAI CSAV 1 Ifi VEiAT US IP tP UP CSAV 2 V 5 CA* CARRIER (TC* 2*S) 9* JM CSAV 3 Uff LAJA Sfi *P IP tPItP CARGO
      376 words

  • Page 21 Advertisements
    • 1191 21 B The Straits Steamship Group Mansfield Container Shipping Pte Ltd P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT 7 TO* 10 EXPdES In PI KM IMB 15/05 17/05 IMS 20/05 L* SE'« 30/04 23/05 IMB IMB \IK UK HAMBURG EXCESS 30/04 0105 IMB 21« 23*5 24*5 2MB KOWIOOI* BAY OMB 05/05 23/05
      1,191 words
    • 648 21 Mitsui O.S.K. Lines opens more doors to North America. I? §¥> Norfolk m f fifties*?-#'*; s Vk VEtSMi ?-&SW *> V fr -Hrir* m£ L» Mitsui O S K Lines Alligator container service now gives Asian shippers fixed day EJorth American ports than ever Every 10 days to the East
      648 words

  • Page 22 Advertisements
    • 426 22 HXSINOSE MARITIME PTE LTDI ISLAMIC REPUBLIC OF IRAN SHIPPING LINES lONIAN SERVICE IRAN TAKHTI ELISA DYO Singapore »5 251* Loading for BANDAR ABBAS BANDAR ABBAS KYOWA LINE PWC/S. 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,
      426 words
    • 1117 22 P IC S LINE MM A C9*rO*ATl§* FULLY CONTAINERISED SERVIC E 0,-^rrr^.^ r FROM [UROPE VIA SUEZ J Membff ol the Ace Comortmfn fUHY CONTAINf RISED 10 FROM NORTH AMERICA W[S! COASI CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL kuantan spore loading for HAISBON 20/5 DUBAI. DAMMAM C£N AGENTS CROWN MARINE
      1,117 words
    • 968 22 -'■■Hl—■ m EVERGREEN Full Container Service Bound (FE/CARIB/USEC/EURO/FFI ever cleamt ever cirTto 2* 3-5 s TTO ">» «j- *'<- lhv an* rom fix hbc scp EVER glamour *5 u/s 11* im iw 77* J* M 10* 11* SSSoT l $sg 3 $**S3Bs JU a *s GAINING 2.5 w f m
      968 words

  • Page 23 Advertisements
    • 997 23 r m PACIFIC INTERNATIONAL LINES Am\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE VESSEL SCA DRAGON SEA HAWK GOWA SEA HAWK RED SEA/EAST AND WEST AFRICA SERVICE VOYAGE HONGKONG SINGAPORE BANGKOK CONTAINER SERVICE VESSEL ARNSTADT SIRI BHUM
      997 words
    • 614 23 ta BEN LINE CONTAINERS EXPRESS CONTAINER SLRVICE TO UK/CONTINfNT Totio Eiprtti La Saint Eiprr Kowloon Bji l«nj»or Out) Itr La PtrouM Larp (ay i*s an 21/5 EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAM Benjvor Sa>ad Osaka Bay Sj<>«4 Kitano Haru S*il«4 City oI Edinburgh Sa Larp Bay Sa m Honpong Eiprrsi
      614 words
    • 656 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUOERA INDONESIA P.T. TRIKORA LLOYD SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY L.J. 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 H'BURG/ BREMEN 12/6
      656 words
    • 352 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORiTWII (Burmese National Line) Spore HTONEYWA V234W H/23 Apr BASSEIN V/» LOIKAW V/13JW Tim Apr PAGAN VI27W 3/5 May AVA V* 2/3 H*« Loading for Rangoon P Kelang Penang Bangkok 22/74 tar Z Z BANK LINE bi 08-XJLIL I WW TAUSALA SAMOA VI2N
      352 words

  • Page 24 Advertisements
    • 741 24 'Kline KAWASAKI KISEN KAISHA. LTD. N. AMERICA-ATLANTIC COAST NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP VIA FEEDER VOY *INDO 14 23/4 VOY LB 13 19/3 •PK/PNG *INDO ACE CONCORD ORIENTAL CHIEF TRANSWORLD BRIDGE NEPTUNE DIAMOND VOY NEPTUNE CRYSTAL 44E CHINA CONTAINER
      741 words
    • 279 24 r.r.l Accepting LCL and contalnortaad cargo** Dlrvcl to South Africa NEDLLOYD COLOMBO 5234F OSAKA MARU 5339F VIRGO 0301F HAYAKAWA MARU SO37G VENTO 0106 VAAL SI3SC NEDLLOYD COLOMBO 5234 C JARDINE SHIPPING AGENCIES (REG *****4/ OOKI fS C 2X N mYx R °O AD Rf|4f79 SOUTHPOINT SINGAPORE TERMINAL/CFS Tel *****18 220
      279 words
    • 768 24 a INDIA EXPRESS CONTAINER SERVICE TICER BAT V ORIENT SUCCESS V 107 SO MANIPUR V 37H TIGER BAT V 31 INDIAN COURIER VJON ORIENT SUOCESS V 1M S O NAGALANO V »H TIGER BAY V 37 INDIAN COURIER VJIN ORIENT SUCCESS V 101 V NANDINI V S2M TIGER BAY VS
      768 words
    • 686 24 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LID 23, Tttok Aye* Street SINGAPORE 0104 TEL S343SM (10 LINES) Fai 5343J04 STRAITS/PERSIAN GULF SERVICE: S pore PKeUn, p*™ GOLDEN BEAR Cotomtw Krachi/Dub* 17/11 feUy GOLDEN HARVEST Cotooibo'Karachi Dutai 8/9 June CHINA SERVICE DAI YUN SHAN Dalian m/ 30 Aor A VESSEL MuanjPu
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    • 474 24 MM P PHILI OHKNT UNtS PT( LTD 4 HEAD OFFICE 63 ROBINSON ROAD -07 1? 1 AFRO ASIA BUHOING SINGAPORE 0106 1 TELEX RS ***** PHILI FA* ??556"6 EAST/FAR EAST VESSEL I ETA SINGAPORE 33 rrn M^i'.., IM'l' mi m iED 'iIH UK. EUROPE SERVICE MOMBASA. OABESSALAM BEJRA. TAMATAVI REUNION
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  • Page 25 Advertisements
    • 1037 25 vl T4~T 7 wm S r pof. NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA \l7 H Qanaral Enquiries: T*l: 275M77 U y T < B H T«l No Terminal CFS BOOKINGS 27U753 27*574 \\W 1 a H *****2 *****s 2nmi» *****1 Yt-~\ PKelang NEPLINE SDN BHD *****87 *****18 27*114 IF
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    • 370 25 HEUNG-fl SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN. INCHON STRAITS/KOREA SERVICE Vessel Name ETD BS BKK S PORE PKELANG BUSAN No I Donam BC3N 05 W 1604 In Port 27 21/04 QMS D "Cloria 804N 14/04 M Enterprise 806N 2S/04 No 9 Donam 803N 30/04
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    • 960 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** rcNAnu p KFLANG nwr"? l 'i? g t^ tr Pt m l «y ysa S? system co son
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  • Page 26 Advertisements
    • 337 26 XT SINGAPORE SHIPPING ~sgr CORPORATION (PTE.) LTD. TEL 225 6868 (30 lines' FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD V£,B DEUTF RACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE RADEBEUL W 26/4 LAND VU 21/5 TOCK in 14/5 6/6 7/6 W TIA COLOMBO: Accepting cargo
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  • Page 26 Miscellaneous
    • 185 26 Regional Weather fi m h VI f m A w a "Si PS a 7 X k 1 V m k? L< si SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND c cr w Wmd direction with speed in knots Wove height R Thunderstorm Temperature c m
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  • Page 27 Advertisements
    • 1082 27 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fa*: *****15 FIXED CONSOLIDATION SERVICE FCL/LCL TO: CHINA, HONG KONG, DANGKOK, P.KELANG, KEELONG, KAOSHIONG, MANILA, OOSAN, TOKYO/YOKOHAMA KOBE, OSAKA, FELIXSTOWE, HAMBURG ALL EUROPE BASE PORTS ALL USA PORTS Also accepts to other destinations. ACCEPTING FCL/LCL AND CONVENTIONAL: IHDCHIBZint S pore to
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    • 274 27 iM UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. pan IRAQI UNF '"*Ol ST*T| (NT(IF*IS( FOR RMRITIMf MUSH" WEST BOUND SERVICE Jeddih Aqabj BighdM) Tt oU6H B/L« to BAGHDAD UPON REQUEST ALSO AC ££PJ'NC CONTAINERS UPTO AQABA t BAGHDAD REEFER SPACE AVAILABLE UPTO AOABA LOADINC CONTAINERS'CONVENTIONAI COO FOR MAIN PORTS IN JAPAN
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  • Page 28 Advertisements
    • 522 28 ImS FINE-LINER SHIPPING 'ram PTE LTD i 0 Shenton IKiy, (H 0?C Mirini House S pore 070/ 1 Tfl ??S«W//(8 l.nes) tlx RS ?;MI FLINFR FAX ;:wBi6 EUROPE SERVICE ll'iniaEELilJiii. 1 "miiiiim,': irmnrrrrrirrrarTWTT: a IS I*B l*S |U I'B IK FAR EAST SERVICE MIDDLE EAST GULF SERVICE VOit IHQ IXJI
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    • 506 28 ZIM FULL CONTAINER SERVICE accept.r>| FCL,LCI cargoes to USA East i West Co Ctrr.btan.laft Canada HAITI Costa Rica El Salvador Guatemala Hondu Wenefuela Peru Ecuador Colombia via Miami Tf.nidad Barbados Antigua Lucia. Montscrrat Cuayana via Kinfston AUSTRALIA CONTAINER SERVICE ACCEPTING CARGO TO AKLAIDC VIA MELBOURNE AND ALSO FCL TO GUAM
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    • 557 28 Everett Lines j LOADING FOR CALLAO, MATARANI, 110* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. JOHNEVERETT MURRAYEVERETT THOMASEVERETT P Kelang* Singapore 27/28 Apr 3/4 toy 19/20 May DAVAO* AND TO OTHER Penanf* P. Kelang* Singapore JOHNEVERETT 27/21 Apr MURRAYEVERETT
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  • Page 29 Advertisements
    • 254 29 Seabrfdgfe INTERCONTINENTAL LINE General/Marketing Agents: SEABRIDGE TRANSPORT SINGAPORE MALAYSIA (A member of the JEURO GROUP o» COMPANIES Japan) Singapore *****11 Tl*: R*****1 SEAAIR Fax *****50 Warehouse at PSA Multistorey Complex *****08 Malaysia *****33 Tlx: MA***** Fax: *****68 WEEKLY FROM Singapore Port Kelang Penang UK/EUROPE: FAR EAST United Kingdom Bangkok, Hong
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    • 182 29 jfr TRAVERWAY MARITIME LTD MONTHLY CONVENTIONAL SERVICE S PORE Loading for 'A' VESSEL 30/5/88 FAMAGUSTA/BEIRUT/ TRIPOLI (LEBANON)/ LATTAKIA/ISTANBUL/ MERSIN/ALEXANDRIA Agents; SEALORD SNIPPING AGENCIES Spore: Tel: *****94 P.Kelang: Tel: *****18 Penang: Tel: *****6 WENDER SHIPPING FREIGHT SERVICES TEL 2246/44 (3 LINES) TLX ***** WENDER REGULAR LINER SERVICE ETA LOADING FOR J22
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    • 516 29 SMG KWAN6 HANG LCL/FCL SERVICE ■USAN 4 JAPAN TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LUCKY SEAWAY SERVICES PTE LTD Tlx: ***** Fai: *****77 .E.ASIA/CHINA SERVICES SGP PKLANC PNG FOR rBN 15/5 lt/S HONGKONG/HUANGPU/ SHANGHAI MARU In Pi HONGKONG COLOMBO SERVICE TO/FROM SCP PKLANG PNG COLOMBO MUPO *4 lIS
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    • 644 29 GLORY NAVIGATION GROUP TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES" GLORY SELATAN V V K GLORY SELATAN VI V 77 GLORY SELATAN VII GLORY SCLATAN IX PM- P* BLW KAON M 21/4 24/4 BANJARBASIN t/5 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW
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    • 425 29 PTC CONTAINER LINES FCI/ICI SERVICE WC GfAJUP CICJ CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO RO VESSEL SIN AfOHANISTAN 30/4 HAIRATAN/KABUL/TOURGHUNDI WORLD FREIGHT SERVICES LTD International NVOCC Container Liner Weekly Service To and From U.K. (Accepting cargoes for all inland destinations in U.K. General Agents POH TIONG CHOON SHIPPING (PTE)
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  • Page 30 Advertisements
    • 392 30 Hai Sun Hup Co (Pte) Ltd L Lrx TEL *****06 (20 Lines) TLX RS ***** RS ***** li I \S I I K \R K. Ill) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS Yokohama 16/5 Nagoya Osaka 13/5 Senboku Mo j i 'Subject to cargo inducement NOT C
      392 words
    • 781 30 CGMSTF FOR RELIABLE and fast transit WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/HEXICO AND FRENCH WEST INDIES VSL Sport LeHa»rt Connecting VSI B PERMAI Vll2 2S/4 UH STUTTGART EXP For Gulf: korrigan V 122 2/5 m nuernseg atl Miami, Mobile, jutlandia yia Hi xii pusselporf exp New Orleans. Houston/Mexico Vera Cruz,
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    • 817 30 BSKk CONTAINER SERVICE CALL US ATP. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE J K. LUMPUR ******/*****11 04-*****2/4. *****3 •07 *****8 •07-*****3, *****5. *****0. *****1 '02-*****22 *****88 TO EUROPE FEEDER B BUTANC 437 B BUTANC 4M B BUTANC 441 B BUTANC 443 PERMAI KORRICAN JUTLANDIA N OCLn FROM EUROPE P
      817 words