The Business Times, 21 July 1988
1988-07-21
1
32
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The Business Times
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Title Section11 1988-07-21 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, JULY 21, 1988 75 CENTS11 words
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Article250 1988-07-21 1 AP Dow Jones up WALL STREET stocks rose quickly in early trading yesterday, largely on technical factors. Traders said blue chips turned back, due to anticipation of resistance ahead. The Dow Jones Industrial Average was up 8.89 at 2,106.15 in the first hour of trading Advancing issuesAP - 250 words
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Article, Illustration170 1988-07-21 1 SPURRED BY a sharp recovery in Tokyo, the Singapore stock market staged its own modest recovery in moderate trading. The Straits Times Industrial Index posted a gain of 9.32 points to 1,145.54, while the 40-issue BT Composite Index gained 5.73 points to 1,010.62. Regional170 words
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92 1988-07-21 1 THE US DOLLAR eased yesterday against regional and major currencies in the Asian foreign exchange markets. Some dealers believe the greenback is entering a period of consolidation after hitting an eight-month high against the yen on Monday. In Tokyo, the Bank of Japan92 words
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176 1988-07-21 1 AP OUTGOING Economic Affairs Minister Lee Ta-hai yesterday criticised Taiwan's top watchdog body for impeaching him in connection with a controversial diesel truck deal. Mr Lee, 69, is leaving the Taiwanese Cabinet as part of a major government reshuffle. The Control Yuan, the government watchdogAP - 176 words
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Article, Illustration355 1988-07-21 1 ZHOU MEI - By ZHOU MEI, Economics Correspondent A CABINET reshuffle in Taiwan will affect Singaporeans at least those who had planned to attend the Lim Tay Boh Memorial Lecture, scheduled for July 29. The lecture has been cancelled because the speaker. Professor355 words
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618 1988-07-21 1 CORRINA LIM - Lease of major tenant renewed at triple the old rate By CORRINA LIM LOCAL PROPERTY group Hong Fok has pulled off a minor property coup in Hongkong. The company has renewed the lease of a major tenant in its Fortress Tower property618 words
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Article, Illustration383 1988-07-21 1 LILY FERNANDEZ - By LILY FERNANDEZ THE SINGAPORE National Employers Federation (SNEF) and the National Trades Union Congress (NTUC) appear to be on a collision course on the question of wage increases. Addressing about 40 Canadian Business Association members at a luncheon yesterday, SNEF executive383 words
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448 1988-07-21 1 ELAINE KOH - By ELAINE KOH SIX PRESENT and former partners of law firm Shook Lin Bok, including a High Court judge and a Judicial Commissioner, yesterday succeeded in having a $31 million negligence suit against them struck out. The suit448 words
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Article211 1988-07-21 1 SHOOK LIN BOK partners faced with the $31 million suit have taken legal action against their insurers, the Insurance Corporation of Singapore. BT understands that when the partners were faced with the suit in April last year, they informed ICS. The insurance company said it211 words
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Page 1 Advertisements
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Advertisement146 1988-07-21 1 Cassette Receiver K2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore: Phone *****33 Kuaia Lumpur Phone *****33 Penang Phone *****5 *****1 Jakarta: Phone *****5 Full report, PAGE 16 Regional Mkts, PAGE 20 World Mkts, PAGE 21 BBS 1 I v •J No other hotel in Singapore can welcome their guests146 words
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Advertisement367 1988-07-21 1 On PAGE 2 Wag* rtM at K*pp«l NWC cut rwtoiid Boon or bane? TOO MANY TOURISTS can bring problems for Singapore, cautions columnist Seah Chiang Nee. While not calling for any limits to be imposed on the number of visitors, he believes a review of long-term strategy would be in367 words
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Advertisement328 1988-07-21 1 S!•JI kN i lift M I Shipping Times comet at a separata section today. Make sure you get your copy today. FOUR CARDS FOR THE PRICE OF ONE <z> Hongkongßank L "d V M •< t if oatssr"'« e <X> Hongkongßank V "Card r---xr^x #J w &TO .TC3K hen you328 words
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HOME NEWS
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494 1988-07-21 2 PAUL GOPAL - By PAUL GOPAL THE FEDERATION of Singapore Petroleum Products Dealers' Association (FSPPDA) has come out in support of Mobil dealers who claim that the oil company is "squeezing them out of business". Mr Goh Geok Poh, president of the FSPPDA, told BT his federation494 words
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Article161 1988-07-21 2 PUMP PRICES of a number of Esso products were cut last night in response to increasing competition. Esso Super XT now costs 90 cents per litre, a reduction of 2.1 cents. Esso 95 Gold, at 85.5 cents a litre, costs 2 cents less. The161 words
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576 1988-07-21 2 BOEY KIT YIN - By BOEY KIT YIN ALTHOUGH the growth rate of tourist arrivals slowed considerably in May, the total number of visitors rose by 14.5 per cent to more than 1.6 million during the first five months. The stronger growth in tourist576 words
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160 1988-07-21 2 TWO COMPANIES of the Keppel group, Keppel Shipyard Ltd and Singapore Slipway Engineering Co, will grant their 1,700 employees an across-the-board wage increment of $25 per month for the 12 months ending June 1989. The companies decided on the payment after discussions160 words
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179 1988-07-21 2 EMPLOYEES in the public sector will have the cut in their 1984 National Wages Council payment fully restored and, if the economy continues to do well, may get a bonus in addition to their 13th month payment. These were the terms179 words
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Article, Illustration229 1988-07-21 2 LOKE FOOK CHUEN has been appointed a director of Chesterton International's Singapore office. Mr Loke, 41, has more than 15 years experience in property consultancy. A graduate of the former University of Singapore and the Australian Institute of Business Administration, he is responsible for overseeing the company's229 words
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Page 2 Advertisements
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Advertisement233 1988-07-21 2 WORLDWIDE EXPRESS" Prompt pick-up and delivery 24 hours a day On* Man's View, PAGE 12 The Swire Group f§ ■'¥*?m z <y -1 I he perfect approach to the runway Paris, France There was only one way to approach the Pans runways. I knew the Spring Collections would flatten me233 words
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ASIA-PACIFIC
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Article737 1988-07-21 3 ARRIVALS Operator Service Local From number time SIA SQ19I 1155 PEN THA TG407 1205 BKK/HDY GIA GA900 1210 PKU MAS MH641 1230 KCH SIA SQ83 1235 MNL StA SQ1 1250 SfO/HNL/HKG StA SQ203 1300 CGK SIA SQ107 1305 KUL RAW BA1 1 1335 LHR/AUH SIA SQ23 1340737 words
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310 1988-07-21 3 AFP JAPAN COULD NOT defend Hokkaido against a Soviet invasion without the help of the United States, a senior Japanese defence official said in Chitose. It would be "tremendously difficult" to defend the country's northern-most island with Japanese forces alone, he said. The official,AFP - 310 words
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466 1988-07-21 3 AFP CHINA is actively preparing to profit from South Korea's "economic miracle'' despite its lack of diplomatic ties with Seoul, beckoning to investors from its capitalist neighbour and setting up facilities to welcome them. Such openness also appears to reflect a political change of mind,AFP - 466 words
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178 1988-07-21 3 AFP THE TWO super-powers are "very much concerned about the balance and equal security between them", but their security cannot guarantee a peaceful world, the Chinese ambassador in Geneva. Mr Fan Guoxiang, told the United Nations' conference on disarmament. "There now exists a greatAFP - 178 words
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Article138 1988-07-21 3 FT INDIA'S foreign exchange reserves dropped sharply by 19.5 billion rupees (US$l.36 billion) in the first quarter of fiscal 1988-89 and stood at 53.8 billion rupees in the beginning of July, according to figures released by the Reserve Bank of India. The sharp fall, which isFT - 138 words
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123 1988-07-21 3 AFP A MYSTERIOUS engine problem has grounded most of Australia's domestic commercial airline Ansett's new Fokker F5O fleet. The fleet s operations were restricted eight days ago after "momentary engine power fluctuations which automatically returned to full power" during heavy rainAFP - 123 words
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160 1988-07-21 3 Reuter BURMA'S Minister for Home and Religious Affairs resigned on Tuesday as the official Rangoon Radio reported that 41 detainees suffocated to death in a police van during bloody riots in March. The radio, monitored in Bangkok, said Ming Gaung quitReuter - 160 words
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132 1988-07-21 3 Reuter SOVIET and Chinese citizens visiting each other on business will no longer need visas under an agreement starting next month, a Soviet Foreign Ministry official announced on Tuesday. The agreement, signed by the Soviet Foreign Ministry and the ChineseReuter - 132 words
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Article, Illustration420 1988-07-21 3 Reuter, AP TAIWAN yesterday announced a sweeping Cabinet reshuffle that promoted young technocrats to positions of economic power. Five out of eight Cabinet ministers were replaced, but Premier Yu Kuo-hua kept his job despite calls for his resignation by young reformers in the rulingReuter,; AP - 420 words
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224 1988-07-21 3 AP IN AN unexpected move. North Korea has accepted a letter from South Korea's National Assembly urging it to take part in the Olympic Games in Seoul. Officials said yesterday it was the first time the communist North has accepted a letter from the SouthAP - 224 words
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Page 3 Advertisements
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Advertisement197 1988-07-21 3 f I Y If I V The business person's choice, every I I II 111 I Tuesday, Thursday, Saturday and I 1 f| II f Sunday. Leaving Changi Airport at JL \\yl 1 JL 22:05 hours and arriving at Lester B. Pearson International Airport the followinq day. Call your Travel197 words
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Advertisement59 1988-07-21 3 •A %> Experience the timeless pleasures of dining on authentic German cuisine; specialities from the Baron's own smokehouse and roast spit. Or on international M rs; V KAMI' S SABM The best German restaurant in town Royal 3yv»v Singapore 25 Scotts Road. Singapore 0922. For reservations, please call 7 ext.59 words
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Page 4 Advertisements
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Advertisement387 1988-07-21 4 announces two bits of bad news for the m r- j i T j v s L w ul 1 Bad News *1. Our Competition isn t going to like tbts one bit. but tbe fact is. tbe new COMPAQ DESKPRO 386s is tbe first affordable alternative for those considering387 words
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REST OF THE WORLD
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423 1988-07-21 5 AFP THE EUROPEAN Community (EC) is considering helping its food sales to developing countries by offering concessionary credit terms. The move could raise new tensions between the EC and the United States, analysts said. According to proposals announced on Tuesday by the EuropeanAFP - 423 words
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327 1988-07-21 5 UPI, Reuter SEVERAL hundred thousand demonstrators gathered late on Tuesday in Yerevan, the Armenian capital, for approximately one hour following a decision on Monday by the Presidium of the Supreme Soviet to reject Armenian demands concerning Nagorny Karabakh, a witness said. "It was theUPI,; Reuter - 327 words
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227 1988-07-21 5 UPI THE EUROPEAN Community's Executive Commission on Tuesday fined British Sugar US$3.3 million for abusing its dominant position on the sugar market in Britain. The decision followed a complaint in 1985 by Napier Brown and Co Ltd, a British sugar merchant, that BritishUPI - 227 words
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238 1988-07-21 5 AFP THE UNITED NATIONS Security Council on Tuesday adjourned its debate on the July 3 downing of an Iranian civilian aircraft by US forces, saying it would continue consultations among its 15 members for a possible compromise agreement. Iran originally had demanded that theAFP - 238 words
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467 1988-07-21 5 NYT THE ORGANISATION for Economic Cooperation and Development has criticised West Germany for not doing more to reduce rigidities in its economy and taking other measures to speed economic growth. In a report released on Tuesday, the 25-nation Paris-based organisation also saidNYT - 467 words
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367 1988-07-21 5 FT WEST GERMANY'S economic growth is likely to slow to 1.75 per cent in 1989 from a forecast 2.25 per cent this year, according to the Organisation for Economic Cooperation and Development (OECD). Domestic expansion will slow down as a result of theFT - 367 words
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Page 5 Advertisements
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Advertisement309 1988-07-21 5 M -c «K •-V 1 s -r i -i v.- %s v 53 Hr RW •^■t V.M& x lid,-1 ■n" J*. *.L-. K f r 9* ■r- m .fV* "i it J •-'o* J* Ai > 1 ■>* i >■ WT. 3* s %> > Iml i* W<! At Millg309 words
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Page 5 Miscellaneous
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Miscellaneous30 1988-07-21 5 Doonesbury 39 mmm mzmmm V> a SKI feiP^SBB(¥l! BY GARRY TRUDEAU m SO THE AIR. CDNPrnoN/NG fs rrsaeeAi ATFAG&YJUST KNOWN WAITING TO HAP- TO GO, a 55 25 f£^ Mi30 words
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FOCUS
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Article, Illustration1711 1988-07-21 6 ZHOU MEI - The Asia-Pacific region exudes dynamism. Much of the energy force is generated by global industrial restructuring with direct investments as a major tool. In the process, traditional investment recipients, among them the Asian newly-industrialising countries, are taking on1,711 words
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421 1988-07-21 6 THE ASIAN-PACIFIC Economic Literature (APEL) of the National Centre for Development Studies, Australian National University (ANU), is likened to the Journal of Economic Literature of the American Economic Association. Just as the American journal has for many years "surveyed, reviewed. abstracted, listed and annotated421 words
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Page 6 Advertisements
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Advertisement112 1988-07-21 6 A TASTE OF PARADISE SRI LANKAN FOOD FESTIVAL JULY 17 31 Sri Lanka weans hot and fiery spices. Curries with ginger, cumin, cloves, coriander, cinnamon, chilli, tumeric and lemon grass. An abundance of seafood and crisp, fresh vegetables. At Tradewinds, Sn Lankan chefs create the real thing from $3.50 +-f112 words
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Page 6 Miscellaneous
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Miscellaneous76 1988-07-21 6 \jMMa ////j Max/ Note Min (°C) 15/10 Showers 19/14 Cloudy 34/22 Cloudy 38/29 Cleor 33/25 Cleor 30/26 Cloudy 33/23 Showers 30/25 Sunny 28/16 Clear 20/10 Cloudy 29/— Cleor 21/12 Cloudy 23/10 Fine 21/09 Cloudy 25/16 Cloudy 15/11 Cloudy 36/24 Clear 21/09 Cloudy 09/00 Rain 29/18 Cloudy 29/22 Smoke 18/14 Cloudy76 words
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Miscellaneous53 1988-07-21 6 WWIC* m NOUyDuVCRM\SH€O KNOCKING DOu>N TuCIOiLSsON vOHRf'S GOING OP ifsi ITS PIP\C(L 0 TH£.V DO SftV IT'S GONG I SHAN'T HfW£ SO TO Ec.WC FFNR TO LOPiL-K TO roY OF TV£, 6P\Nkr CP>SM POINT rzz i^c; (G%EJ\T 1 TH^ t IS .GOOD M£u)S... rnpiN's iNHmoRMiTy r lb rnP*N rYiNMO trwoAKs53 words
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Page 7 Advertisements
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Advertisement271 1988-07-21 7 31 A9S7/» When the business has made a profit, how does the Corporate Treasurer explain a loss? You know that foreign exchange rates are reversal of your projections or an aborted notoriously fickle. And can turn profit into overseas contract. loss overnight. Yet to hedge fully is not necessarily the271 words
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COMMODITIES
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Article292 1988-07-21 8 R AS prices in S cents/kg, FOB In bah M NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 259.00 261.00N 261.00 263.00N Int 1 RSS Aug 88 259.50 260.50N 261.50 262.50N lot 1 RSS Sep 261.00 262.00N 263.50 264.50N Int 2 RSS OP 257.00 259.00N292 words
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Article219 1988-07-21 8 Reuter SINGAPORE THE rubber market closed slightly higher yesterday with August 1 RSS buyers price quoted at 261.50 cents/kg. up 1.50 cents from Tuesday's close, dealers said. Opening quotes were marked down slightly from overnight levels and prices eased further towards midday on some trade selling interest in moderateReuter - 219 words
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Article76 1988-07-21 8 (c«nt»/kg) AUGUST 1988 SEPTEMBER 1988 (current month) (forward month) RAS NOON NOON kytn S*ll*n Buy»n S*l|«ri SSR 20 229.00 231.00N 229.00 231.00N SSR 50 227.00 229.00N 227.00 229.00N MRELB kytn S«lt«ri Buy«n 3 fI SMS CV 487.00 489.00N 489.00 491.00N SMR L 487.00 489.00N 489.00 491.00N SMR76 words
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Article120 1988-07-21 8 Reuter THE MARKET price of tin dropped seven cents to 18.70 cents kg in fairly active trading yesterday, pressured by large offerings and an easier European spot market on Tueeday, dealers said. The decline, allied with sterling's strength against the Malaysian dollar, put the Kuala Lumpur tin priceReuter - 120 words
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Article197 1988-07-21 8 Chines* Produce Exchange Sellers' noon dosing prices on July 20 (S$/100 kg) Coconut oil Bulk FOB 130.00 Old drum FOB 140.00 New drum FOB 144.00 Copra Mixed (loot*) 73 sellers Peppe' Mont ok whit# FOB NIW 952-50 Sarawak whit* FOB foq NLW 937.50 Sarawak special block FOB NLW197 words
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Article84 1988-07-21 8 The weaker futures market and bearish inventory figures in the US pushed prices lower. Trading was listless and traders remained on the sidelines. Closing prices for crude (FOB origin) USS/borrd Chang* Topta (Aug) 14.20 -0.30 Minos (Aug) 14.85 undi Duboi (Aug) 13.20 -0.25 W•« Taxos WT1 (Aug)*84 words
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Article366 1988-07-21 8 MALAYSIAN CRUDE PALM OIL FUTURES yesterday moved erratically before closing higher on short covering activity dealers said. Prices had initially extended their falls on further liquidation following limit losses in overnight Chicago soybean complex faturavthey added. Sep closed MS2I higher at M 51,106 while Aug M 51,095, October366 words
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Article219 1988-07-21 8 Reuter HONGKONG: Gold closed higher yesterday in active trading on light short-covering by local and Swiss investors. Bullion ended at U*****.60/446.10 an ounce against an initial U*****.70/444.20 and compared with New York's close of U*****.75/446.25. TOKYO: Yen-denominated gold futures closed firmer in line with strong dollar-based gold pricesReuter - 219 words
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Article298 1988-07-21 8 London Commodity Exchange Buyer/Seller closing prices onJuly 18 (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London Jul 950/960 (971/977) High/Low 964/950 Sep 967/968 (990/991) High/Low 985/955 Sales (9517) Cocoa Jul 1050/1057 (1059/1062) High/Low 1060/1054 Sep 1077/1078 (1081/1083) High/Low 1083/1075 Sales298 words
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Article106 1988-07-21 8 Reuter CHICAGO Board of Trade soybean futures on Tuesday closed offered down the expanded 45 cent per bushel limit in August through May. plus distant August and September, under pressure from widespread mid-western rains and forecasts for additional rainfall over the next few days, traders said. A morning rallyReuter - 106 words
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Article115 1988-07-21 8 Reuter CHICAGO Board of Trade soft red winter (SRW) wheat futures recovered from early losses to end with gains of 8-1/2 to six cents per bushel in moderately active, fast trade on Tuesday. September settled at US$3.B6-1/4, near the top of a 16-cent range on the day. The growingReuter - 115 words
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Page 8 Advertisements
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Advertisement187 1988-07-21 8 should V < v, "*< }> ■<"?;< t i .>\ 4/ ■> ,'V A BBMi M vsf* i l frs-y ■V a®* m lilfets pa 3?^ ti rwv m v->.' f 'V< w <<?// wm ■/7" 5- :A. i u ty'vyy/ Yt'. \a. •Sr.y v y/K; <»_> y&4: ■<! x;187 words
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BANKING AND FINANCE
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352 1988-07-21 9 LEONG WEN WAH - By LEONG WEN WAH SALES of Canada's Gold Maple Leaf coins in Singapore hit 10,000 ounces in the first quarter of this year. With this performance, the Ottawa-based Royal Canadian Mint, the producer of the gold coins, has achieved half of its total352 words
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225 1988-07-21 9 THE NUMBER of commercial banks in Singapore stood at 135 at the end of March 1988, a net increase of two. The closure of the First National Bank of Chicago, a full-li-cenced bank, last year reduced the number of full-licenced banks to 22.225 words
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408 1988-07-21 9 Reuter BANKAMERICA is poised to report strong secondquarter operating earnings of around 70 US cents per share and at least some of that expectation is already reflected in its stock price, banking analysts said. "I'm sure the stock would not be at US$l4 withoutReuter - 408 words
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262 1988-07-21 9 NYT FOUR MAJOR banking companies in the US on Monday reported sharp improvements in quarterly earnings in comparison to the second quarter of last year, when they posted large losses after setting aside special reserves against their loans to developing countries. ExcludingNYT - 262 words
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Article74 1988-07-21 9 AFP THE LARGEST bank in the United States. Citicorp, reported greatly improved second-quarter earnings on Tuesday, confirming a trend announced on Monday by three of its largest competitors. It announced second- quarter net earnings of US$359 million, compared with a loss of US$2.6 billion in theAFP - 74 words
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Article66 1988-07-21 9 AFP HUNGARY has devalued its currency, the forint, by an average of 6 per cent against most Western currencies. The devaluation, which took effect on Tuesday, was intended to boost Hungarian exports to Western countries, analysts said. Bank sources said last Monday the devaluation was the country'sAFP - 66 words
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167 1988-07-21 9 Reuter WESTERN insurers are considering underwriting Soviet launches of commercial satellites following a visit by an international insurance team to the Soviet cosmodrome at Baikonour. The Italian firm Assicurazione Generali Spa on Tuesday quoted Benito Pagnanelli, chairman of the space risks study group of theReuter - 167 words
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197 1988-07-21 9 Reuter VENEZUELA is seeking more than US$3.4 billion in credits from the World Bank's International Finance Corporation. Finance Minister Hector Hurtado said. Mr Hurtado told reporters after a meeting with President Jaime Lusinchi that the credits include a US$7O million loan toReuter - 197 words
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382 1988-07-21 9 Bernama BANK NEGARA will set up and administer a bureau to blacklist current account holders who issue bad or "bounced'' cheques. Association of Banks in Malaysia (ABM) chairman Tan Sri Basir Ismail said on Tuesday the ABM had decided to establish theBernama - 382 words
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248 1988-07-21 9 AFP HONGKONG and Shanghai Banking Corp is transferring some of its poorly-performing European activities to Midland Bank PLC in exchange for some of the British bank's operations in Asia. The announcement comes seven months after HongkongBank bought 14.9 per cent ofAFP - 248 words
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Page 9 Advertisements
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Advertisement6 1988-07-21 9 On target, Chart Point every Saturday6 words
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Advertisement110 1988-07-21 9 FOR YOUR URGENT INFORMATION! THE COST OF BEING WELUNFORMED IS REDUCED FROM $490 TO $300 Missing an important message can mean missing out on business. Or the difference between success and failure. Fortunately, that need never happen with Telecoms Radio Memo Service. Because the Radio Memo pager can receive messages110 words
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MONEY AND EXCHANGES
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Article278 1988-07-21 10 Tradlr >g on July 20, 1MS Opan High low San Est Vol Op/bn Voi EURODOLLAR Sap 88 91 66 91.68 91.65 91.67 6111 ***** 9428 Dk 88 91.34 91.37 91.34 91.36 1388 8464 2126 Mor 89 91.26 91.27 91.25 91.26 174 5242 165 Jun 89 91.11 91.11 91.10 91.10278 words
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Article167 1988-07-21 10 EURODOLLAR futures on Simex yesterday opened unchanged from Chicago's close to inch up higher on fear of another sharp drop in Nikkei prices. September contract opened at 91.66 and was brought up to 91.68 on weak share prices in Tokyo in early trading. But as Tokyo share prices rebounded167 words
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Article243 1988-07-21 10 IMM currency futures opened mostly higher on Tuesday and hovered just below session highs. Reports of more sales of Us dollars for marks by major central banks on Tuesday morning fuelled the across-the-board rally in currency contracts. Several central banks intervened on Monday to stem the dollar's recent rise.243 words
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Article344 1988-07-21 10 ASIAN DOLLAR deposit rates closed steady yesterday at weaker opening levels in quiet afternoon trading. Dealers said that most operators were sidelined in the afternoon due to lack of interest. Term rates fell by 1/16 to 1/8 point at the outset after a slight rise in US344 words
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Article941 1988-07-21 10 OCBC. Reuter SINGAPORE: The US dollar closed marginally changed against most major currencies in thin trade yesterday with sentiment affected by recent central bank intervention. Dealers said major players refrained from taking large positions due to an absence of fresh factors. Against the Singapore dollar the dollar closedOCBC.; Reuter - 941 words
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Article, Illustration73 1988-07-21 10 THE OVERNIGHT rate on the Singapore money market rose point to cloee at 4% per cent yesterday. One month and two months each gained 1/16 point. Three months was unchanged. indkjtH Km ivirigi of inf pnrTif WnoiriQ rlitt Of 12 ma|or banks In S'per* S$ Interbank rates at73 words
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Article104 1988-07-21 10 Treasury bills Period Issue Yesterday's dosing Day's cod* Maturity MD OFFER HKX LOW 3 months BQ*****N 20.10.88 3.83 3.78 3.90 3.78 6 months BY*****T 24.11.88 3.95 3.90 3.91 3.91 1 year 6Y*****S 20.07.89 4.20 4.15 4.20 4.13 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing104 words
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Article168 1988-07-21 10 Interbank market rataa (offer/bid) on July 20 US) DM SWFC 7 doy* 7 IJ/14 13/14 7/1 3/4 4 1/3-3/0 3 1/0— 3 7/0 4 3/0 1/4 1 mth 1-77/1 10 7/14 4 3/4 J/0 3 7/14 J/14 4 1/3 3/0 3 mth J/14 3/14 10 3/4 J/0168 words
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Article1544 1988-07-21 11 CURRENCY FUTURES OPTIONS Wednesday, July 20, 1988 DEUTSCHEMARK (SMKEX) Ami 88 caH* Htflh Low Sae Ai High f BS pun Law Sae 53 ISA 12 54 42A 37 55 278 31 96A 91 56 10 10 10 175A 170 57 3 267A 262 58 18 2 59 CAB 601,544 words
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319 1988-07-21 11 FT BORROWING COSTS for industry and home owners are s?t to rise following the British government's decision on Monday to raise interest rates for the sixth time in seven weeks. Building societies are poised to lift mortgage rates by up to twoFT - 319 words
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Article177 1988-07-21 11 Gold futures on July 19 100 toy ouncas USS par tray on m OpM LM MOa M 444J0 X70 *"9 43AA0 449.00 437OO 447JO X70 s*> 450-30 A70 Oct 44X70 455-50 ***** ***** X90 Ok 449.70 4*1.00 444.20 45*JO *20 Hto 45 J50 444 TO 445.10 *J0177 words
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Page 10 Advertisements
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Advertisement431 1988-07-21 10 V <h1 'AA ■or If I?* jl I 1 t > 3& r i i j t/ t -*?w« *i '> 'Ot "V ]> pv H* rvS SB < 5V t* ,r >? «3; In: rfv H- Ifef rh f3 .4* Jtti V U. »'Tv IK 3 Persian SAROUGH RUG431 words
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Page 11 Advertisements
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Advertisement505 1988-07-21 11 A, X JLfter a long, numbing flight, you should expect your hotel to extend a considerate welcome as you step inside. What a pity that even international hotels fall short in this regard. Because it's likely that you'll be confronted by an arcade of shops, travel and car-hire desks with505 words
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PERSPECTIVE
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Article515 1988-07-21 12 THE WAR of attrition in the Gulf, having despatched one million men to their graves in eight horrific years, has now taken a new and unexpected twist: Iran's acceptance of the UN ceasefire has come like a welcome bolt from the blue and is nothing515 words
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Article, Illustration1057 1988-07-21 12 SEAH CHIANG NEE - TOURISM bane as well as boon ONE MAN'SX/'EW By SEAH CHIANG NEE WHAT WOULD BE the social impact for Singaporeans if every second person they met on the street was a tourist? An unlikely event? Think again. Tourism in most parts of the world has been enjoying a mini-boom and1,057 words
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Article, Illustration932 1988-07-21 13 AL O LABITA Jr - Is the government of Mrs Cory Aquino really serious about privatising the financially-ailing national flag carrier? Filipino tycoon Enrique Zobel has his doubts. AL O LABITA Jr, writing for 6T from Manila, gives us the details. AL O LABITA Jr, FILIPINO tycoon Enrique Zobel and his932 words
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Page 12 Advertisements
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Advertisement10 1988-07-21 12 M onagers ust anage BT shows you how every Monday.10 words
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Advertisement11 1988-07-21 12 Our people stay ahead... And keep you there, too. i i11 words
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Page 12 Miscellaneous
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Miscellaneous641 1988-07-21 12 26 27 CRYPTIC PUZZLE ACROSS 1 The consternation upsetting Sid and Amy (6) 7 Helping with an article on gambling (8) 8 Catherine gives dad a posh car (4) 10 Attacked for being drunk (6) 11 Global extent of interest? (6) 14 A new denial (3) 16 Music arranged for641 words
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Page 13 Advertisements
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Advertisement189 1988-07-21 13 When you turn to IBM to solve a problem, we do more than put the right products together. We put the right people together. t —0 i -?e-- f V; 4 A Hh yM li» 5 A -S.v V It's the partnership between your people and ours that's at the189 words
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Page 13 Miscellaneous
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Miscellaneous1223 1988-07-21 13 W OK© QaiDOO > Mitchell Ryan and Barbara Partlns star in Uncommon Valour THURSDAY FEATURE SPECIAL Uncommon Valour 10.30pm, Channel 5 Not to be confused with the Gene Hackman Vietnam flick by the same name, this 1983 series pilot that never took off stars Barbara Parkins, Ben Murphy and Mitchell1,223 words
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SPORTS & LEISURE
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Article, Illustration642 1988-07-21 14 NYT HE HAS WON every Olympic gold medal and every world championship he has tried for. He has broken the world record four times and has held it for 12 years. For a span of nine years nine months nine days,NYT - 642 words
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291 1988-07-21 14 AP CANADIAN SPRINTER Ben Johnson has a message for American sensation Carl Lewis: 'Tell him I'm coming for him." Johnson's fighting words in an interview on Monday were a prelude to a showdqwn in Seoul that is shaping up as one of the titanicAP - 291 words
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Article, Illustration409 1988-07-21 15 UPI IN SPITE OF coach Hans Olsson's attempts to keep the opponents in the dark, the Swedish players have already picked the team for the Davis Cup semi-final against France from July 22 to 24 Even slowcourt specialist and Davis CupUPI - 409 words
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Article, Illustration281 1988-07-21 15 AP DUTCHMEN Jean-Paul Van Poppel and Adri Van de Poel won individual stages in the Tour de France cycling classic on Tuesday, but Spain's Pedro Delgado. battling rumours that he tested positive in a drug test, held onto the overall lead. Van Poppel,AP - 281 words
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383 1988-07-21 15 AFP SEVERIANO BALLESTEROS, crowned British Open champion for the third time on Monday, is now aiming to add the two "major" titles which have so far eluded him to his collection. The 31-year-old Spaniard, who has also won the US Masters twice, wantsAFP - 383 words
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Article180 1988-07-21 15 AFP NEW England skipper Chris Cowdrey has warned the West Indies team that it can expect a battle in the fourth Test starting at Leeds today, following its easy win at Manchester. The Kent all-rounder, appointed in the wake of England's innings humiliation in theAFP - 180 words
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173 1988-07-21 15 AP THE WORLD Boxing Council announced on Tuesday its approval of a fight between Sugar Ray Leonard and Canada's Don Lalonde for the new super middleweight crown. "The executive committee of the WBC has voted in favour of the fight, requiring of course as theAP - 173 words
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Article591 1988-07-21 15 WALTON MORAIS - Jranklif speaking.... by WALTON MORAIS LET'S CUT OUT the doubletalk. As Mike Tyson says, this is a pain business. So I'll put it to you straight. Sugar Ray Leonard is a fraud. In requesting the World Boxing Council to approve a fight between him and591 words
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Page 14 Advertisements
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Advertisement698 1988-07-21 14 COURVOISIERXO HH I I i U.I in The Szechuan Experience with the Meisan Difference v Sawur the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art U GVCA 1U of true enjoyment. lH At the Meisan. Lkumctmitty S vcfcuOT, Instmctmtry Mrtum698 words
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Advertisement113 1988-07-21 14 July 4th, everyday The Belvedere's American buffet lunch is a month-long celebration erf July 4th stretching from July I—3l. With Prawns on ice. Smoked turkey breasts. Oyster Rockefeller. Roast US prime rib, Apple pie, California snowball and much, much more! Celebrate July 4th everyday for just S3l for adults and113 words
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Page 15 Advertisements
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Advertisement513 1988-07-21 15 ENTERTAIN 4 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES. PALM For between $26+ and S4o+ I ou can se ect f rom our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main513 words
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Advertisement40 1988-07-21 15 i» V\C i i i xo COURYOISIER cognac Dj* mnta <fc viejlliMono* en tore <* chine om Hi n*v<rswires pour owerm la subnjn* et la finesse ce Cognac. L **OCXXi- Of HWnci r. "6200 ''■V r ***** .fig* XO COURYOISIER COGNAC40 words
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STOCK EXCHANGE OF SINGAPORE
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Article47 1988-07-21 16 Company BONUS ISSUE Metro Hldgs One tor five Ex-date: Jul 8 Books close: Jul 20 Transmarco One-for-four Ex-date: Jul 8 Books dose: Jul 20 S P P One-for-two Ex dote: NYA Books dose: Aug 1 Tuan Sing One-for-IO Ex date: NYA Books dose: Aug 147 words
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Article275 1988-07-21 16 Company RIGHTS ISSUE A M D B One-tor-four $050 per share C 1 Holdings 27 million loon stocks in the ratio of $3 loan stock for every five ordinary shares held C K Tang One-for-two $225 per shore Each rights comes with two detachable TSRs The exercise price275 words
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Article163 1988-07-21 16 GB HOLDINGS Limited: AGm at 26 Jalan Terusan, Jurong Town, Singapore 2261, today at 10am. BUKIT Sembawang Estates Limited: 22nd AGM at 19th Floor, OCBC Centre, Chulia Street. Singapore 0104 on Friday, July 29, at noon. GENERAL CORPORATION Berhad: AGM at Bunga Kenanga. Level 3, Pan Pacific Hotel.163 words
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Article319 1988-07-21 16 Managers' prices for July 21 Singapore Unit The Commerce The Savings Food S pore Prog Fund S pore Sec Fund S pore Invest Fund S pore Equity Fund Asia Unit Tri Mo' Invest Fund Mol frog Fund Mol Se<ur<ty Fund Mol Ber |OyO Fund Mo< Equity Fund Mol319 words
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Article5357 1988-07-21 16 Gr's Gr's 19 m Tal Last Dlv Dlv Y'ld Net Vol Day Last Quote Ul-U nign Low Cod* Company Sale or- C'vr P/E (*000) High Low Buyer Seller SECTION ONE INDUSTRIAL COMMERCIAL 139 95 t 1000 Acma 130 xd 1 1 ON 24 07 54.1 79 1325,357 words
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Article, Illustration733 1988-07-21 16 SHARE PRICES regained most of Tuesday's loss as investor confidence returned following the rebound in the Tokyo stock market yesterday. Trading was cautious. Dealers said the 404-point rise in the Nikkei Average helped to overcome investors' jitters about the outlook of733 words
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COMPANY NEWS
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Article488 1988-07-21 17 MBT MALAYSIAN RESOURCES Corp (MRC) is selling its Resource Plaza to General Lumber Holdings (GLH) for Ms2o million as part of the group's financial restructuring scheme and to reduce borrowings. The price is to be met by GLH issuing 10 million GLH shares of Msl eachMBT - 488 words
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Article, Illustration589 1988-07-21 17 ROSIE TAN - RHM prepares for 'long, bloody fight' By ROSIE TAN GOODMAN FIELDER WATTIE Ltd, Australia's largest food company, has launched its much-anticipated hostile bid for Ranks Hovis McDougall PLC, one of Britain's largest food manufacturers. The offer price of 465p cash per share, for589 words
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207 1988-07-21 17 PENGKALEN HOLDINGS has proposed a two-for-three rights issue of 28.41 million shares of Msl each at M 51.15 a share to raise M 532.7 million for the group. It also announced that it is acquiring the remaining 45 per cent interest in subsidiary Grand Union207 words
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659 1988-07-21 17 KEVIN GWEE - MQI By KEVIN GWEE NATIONAL KAP Ltd's public share otter has been a runaway success. Its otter of three million shares at 95 cents each was subscribed by 46 times. In dollar terms, the aluminium electrolytic capacitor manufacturer's issue attracted applications totalling $130.5659 words
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Article, Illustration925 1988-07-21 17 FT THE JAPANESE stock market has finally succumbed to the fear of inflation, which had been haunting it since spring. The immediate trigger was the rise in oil prices which fol■lowed Iran's acceptance of a United Nations call for a ceasefire in the Gulf war.FT - 925 words
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Article, Illustration640 1988-07-21 18 LISA LEE - 10th Asian Securities Analysts Council Conference By LISA LEE HONGKONG'S stockbroking industry is moving towards operating under the guidelines of a new international blue-print as it evolves within a new framework after the crash in October last year. This is expected640 words
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Article, Illustration389 1988-07-21 18 NST THE MALAYSIAN Federation of Public Listed Companies (FPLC) is taking steps to draw up a code of ethics for public listed companies (PLC) so that certain distinctive standards are maintained. Its president, Tunku Naquiyuddin Tuanku Ja'afar, said there is aNST - 389 words
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321 1988-07-21 18 Bernama MALAYSIAN PLANTATION and mining stocks have always been favoured by international fund managers for balancing and spreading the risk factor in their equity investment. The president of Malaysia's Federation of Public Listed Companies (FPLC), Tunku Naquiyuddin ibni Tuanku Ja afar,Bernama - 321 words
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Article112 1988-07-21 18 LAST FULL YEAR Company Period Dote Yeor Net EPS Gro* Net announced ending (<«Ms) dtv profit last yeor ($-000) Samondo Hldgs Interim Apr X Sep 88 2.5 2.736 Perlis Plant Interim May 7 Sep 88 289 220 39,823 Rahman Hyd Interim May 15 Sep 88 87 15.0 2,449112 words
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Article203 1988-07-21 18 LAST FULL YEAR Compony Period Date Year Nat EPS Gross Net profit orvtounc^d (cants) dK last year ($•000) Minebea Interim Jul 21 Sep 87 169 230 2.907(g) Duta Cora Final Aug 28 Dec 86 4.8481 Fed Cobles Final Sep 12 Jun 87 6.1751 (i) bit Wood Interim Dec203 words
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Article518 1988-07-21 18 Current fa dstt Books Date Total lor Total lor Ale* Hldgs 6%(bl Aug 30 Sep 9 payable Sep 26 6% pear Ayer Molek 10% IN Jun 29 Jul 13 Aug 5 20% 20% B Sembowong 3S%loJ Jul 19 Jul 30 Aug 12 35%<ol 20% Botvi Kawan 5%l Jul518 words
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Article, Illustration610 1988-07-21 18 MBT RALEIGH BHD's proposed rights issue of 253.73 million shares of Msl each at par, the second biggest in Malaysian corporate history, is set to make its mark in the annals of underwriting as well. The cash call, which created a lot ofMBT - 610 words
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Article289 1988-07-21 18 SEMBAWANG THAILAND, a three-way joint venture, has clinched four turnkey projects worth $12 million from oil and petrochemicals industries in Thailand. The venture, owned 60 per cent by Sembawang Engineering, was formed in the middle of last year. Its two Thai partners are API Thailand289 words
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Page 18 Advertisements
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Advertisement167 1988-07-21 18 This announcement appears for the purposes of record only ODBSLAND DBS LAND LIMITED *****,000,000 NOTE ISSUANCE FACILITY Arranged and Lead-Managed By NDC MERCHANT BANK LTD Co-Managed By DBS BANK TAT LEE BANK LIMITED WARDLEY LIMITED Tender Panel Members Algemene Bank Nederland N. V. The Bank of Tokyo, Ltd Commerzbank (South167 words
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Advertisement80 1988-07-21 18 RAMPACW Japanese Restaurant Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16 per set, they are easy80 words
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INTERNATIONAL COMPANY NEWS
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293 1988-07-21 19 Reuter ALLIANZ AG HOLDING, West Germany's biggest insurer, has examined 52 companies so far this year with a view to possible acquisition or cooperation but had not yet come to any decision. Managing board chairman Wolfgang Schieren told the annual news conferenceReuter - 293 words
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306 1988-07-21 19 NYT UNISYS CORP is undertaking several corrective actions in response to a government investigation of the company's military contracting practices. The maker of computer and military equipment said that it had terminated all consulting contracts with those who had represented Unisys before the government,NYT - 306 words
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230 1988-07-21 19 Reuter KUWAIT AIRWAYS said on Monday its net profits in 1987-88 jumped 26-fold over the previous year, despite the loss of millions of dollars during the hijacking in April of one of its Boeing 7475. Chairman Ahmed alMishari told a news conference the state-ownedReuter - 230 words
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179 1988-07-21 19 FT A NEW CONSORTIUM of Alitalia. Swissair and Austral, a private commercial Argentine airline, has put in a 55 per cent bid for Aerolineas, Argentina's statecontrolled airline. The company fronting the bid is Cielos del Sur, an Argentine company which bought Austral from the ArgentineFT - 179 words
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244 1988-07-21 19 Reuter CANADA'S Wardair Inc has agreed in principle to buy 16 Fokker-100 short-haul jetliners and to take an option on a further eight. A spokesman for Koninklijke Vliegtuigenfabriek Fokker said yesterday that the deal will be discussed at a Wardair board meeting on AugReuter - 244 words
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206 1988-07-21 19 NYT CARL ICAHN, the New York corporate raider, on the eve of the first day upon which he can sell his Texaco Inc Holdings and Keep all of the profits, is apparently keeping all of his options open. Mr Icahn. who is Texaco's largestNYT - 206 words
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Article75 1988-07-21 19 AP THE KAO Corp. a leading Japanese manufacturer of household products, has purchased Sentinel Technologies Inc. a US company that makes floppy disks for computers, for US$ll million. Kao official Munehide Morimot said Kao's new subsidiary, Kao Infosystems. Co will produce five million of the 5.25-inchAP - 75 words
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Page 19 Advertisements
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Advertisement154 1988-07-21 19 -3vvvw^ Pl^JVi --A orro •55ss5?»r^ #&£S2fl ""ners '*%K BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this154 words
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Advertisement1665 1988-07-21 19 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I J.M. C has tan of No 8 Angklong Lane, Faber Garden Condo, Singapore 2057, has applied for a Liquor Wholesale Licence in respect of premises at M/s La Gastronomie (S) Pte Ltd at 608 Martin Road, Singapore Warehouse 07-01/02, Singapore 0923, and1,665 words
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Advertisement788 1988-07-21 19 IN THE MATTER OF THE COMPANIES ACT, CAP. SO and IN THE MATTER OF COMMUNITEK INDUSTRIES (S.E.A.) PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary Oeneral Meeting of the members of COMMUNITEK INDUSTRIES (S.E.A.) PTE LTD duly held and convened at 36 Phillip Street #02-00, Singapore 0104788 words
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REGIONAL MARKETS
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286 1988-07-21 20 FT MITSUBISHI MOTORS, the third largest Japanese car maker, is to be floated on the Japanese stock market, probably later this year, in the largest listing of a manufacturing company since the Second World War. The group, which could command a marketFT - 286 words
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325 1988-07-21 20 Reuter THE NEW ZEALAND Stock Exchange has drafted new listing requirements aimed at ensuring that companies keep the market more informed. The proposed changes will revise the definition of what constitutes relevant information, an exchange statement said yesterday. They will require listedReuter - 325 words
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175 1988-07-21 20 Reuter TRADING IN Henderson Land Development Co Ltd and its 73 per cent-held affiliate. Wing Tai Development Co Ltd, was suspended from yesterday. A joint announcement in Hongkong yesterday said: "Discussions are in progress regarding proposals for a possible reorganisation of the businessReuter - 175 words
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304 1988-07-21 20 FT EVIDENCE OF the new era into which Hongkong's securities industry is being swept was amply provided this week in the guise of a tiny colour television manufacturer called Teletech. The company's public offering of HKSBO.7 million of shares, oversubscribed 7.7 times, may beFT - 304 words
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Article1450 1988-07-21 20 Hongkong HONGKONG STOCKS recovered their initial losses to close firmer yesterday on bargain-hunting by speculators and day-job-bers. brokers said The Hang Seng Index finished 19.74 points higher at 2,697.54 while the broader-based Hong Kong Index rose 13.51 to 1,783 66 Turnover was a low HK5765.40 million, compared1,450 words
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Article470 1988-07-21 20 Reuter TOKYO SHARE prices closed sharply higher yesterday after afternoon buying centred on relatively more expensive blue-chip car. electrical and precision instrument issues, brokers said. "People sensed the market was ready to bounoe back. Blue chips have a big influence on the index so they can make things lookReuter - 470 words
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Article3904 1988-07-21 20 FOLLOWING an initial dip, share prices recovered after the lunch break to finish broadly higher on the Kuala Lumpur share market yesterday in active trading. Property issues were well sought, accounting for about a third of total business volume transacted. Among the counters, Pelangi perked3,904 words
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Article134 1988-07-21 20 JULY 20 WON Cheil Sugar ***** -600 Daelim Ind ***** 1000 Daewoo Corp ***** -600 Daewoo Heavy ***** -600 Oaishin Securities ***** -1100 Dong Ah Ptiar ***** -100 Dong Suh Slock ***** -1100 Dongbu Steel ***** 100 Gold Star ***** -550 Hanil Bank ***** -800 Haml Cement ***** 200134 words
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Article458 1988-07-21 20 Reuter AUSTRALIAN SHARE prices yesterday closed lower for the second day running, though they recovered some of their early losses in afternoon trading. Brokers said trading remained fairly quiet, though investors regained some confidence when the Tokyo market average gained about 400 points, recouping most of Tuesday's falls. TheReuter - 458 words
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Article163 1988-07-21 20 Reuter THE SECURITIES Exchange of Thailand Index fell 6.55 points to 451.49 yesterday on a turnover of 6.299.438 shares worth 592.61 million baht. JULY 20 »AHT Ao Kham Thai 452 -8 1 c I I < 436 -2 Bangkok Agro-lnd 128 -3 Bangkok Bank 325 -2 Bank Of AyudhyaReuter - 163 words
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Article291 1988-07-21 20 JULY 20 NT S +b All Sincere Indus Asia Cement 85 00 *2 Camay Cons 105 00 *2 Chang Hwa Bank 565 00 -20 Cheng Loong 46 00 -02 Chia Hsin Cement 69 50 1.5 Chin Hsin Flour 26 00 0 6 China Chem 52 00 ♦05 China Dev291 words
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Article67 1988-07-21 20 JULY 20 Acoie Mining pesos Anglo Ptiil Ape» Mining Anas Con B Baguio Gotd B 0 042 0 006 Benguet Con B First Phil MkJgs Lepanio B Marcopfw Marsteel Oriental B Ptiil Overseas Philen B 039 uncti Picop B PLOT 209 ♦5 San Miguel B 215 *2 Seatront I67 words
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WORLD MARKETS
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Article947 1988-07-21 21 New York Reuter US STOCK PRICES closed lower on Tuesday, continuing the downward bias set by Monday's soft finish. Analysts and traders said some scattered program selling, weak bond prices and a falling dollar contributed to afternoon declines. Even declining oil prices, triggered by anReuter - 947 words
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Article1008 1988-07-21 21 London Reuter LONDON SHARES opened firm yesterday but in sluggish trading conditions as investors awaited the batch of June UK economic data, including money supply and bank lending figures, dealers said. Tokyo's recovery overnight after Tuesday's steep fall, a firmer pound and easier UK money market ratesReuter - 1,008 words
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Article1295 1988-07-21 21 Selected indices HONGKONG Hongkong Index Wednesday 1.783 66 Tuesday 1.***** Week ogo 1,***** Hang Seng Index Wednesday 2.697 54 Tuesday 2.677 80 Week ago 2.744 85 All Industrials Wednesday 2.576 8 Tuesday 2.586 5 Week ogo 2.574 0 NEW YORK Dow Jones Tuesday 2.097 26 Monday 2.117 89 Week ogo1,295 words
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Article90 1988-07-21 21 Reuter PENINSULAR and Oriental Steam Navigation Co has bought a stake of around 6 per cent in construction and property group Taylor Wood row PLC. The companies said in a joint statement released in London on Tuesday that P and O regarded the stake asReuter - 90 words
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423 1988-07-21 21 Agreement to buy up to 44pc of outstanding common stock Reuter SHEARSON LEHMAN HUTTON Holdings Inc has agreed in principle to acquire 42 to 44 per cent of the outstanding common stock of First Capital Holdings Corp. In May. First Capital said Shearson hadReuter - 423 words
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375 1988-07-21 21 Reuter HUALON ELECTRONICS (HK) Ltd, a local subsidiary of Taiwan's E-Hsin group, plans to become the first Taiwanese company to be listed on the Hongkong Stock Exchange, Hualon managing director Derick Cheng has said. Mr Cheng said yesterday that he was waitingReuter - 375 words
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270 1988-07-21 21 Reuter THAI SHELL Exploration and Production Co Ltd says it has suspended offshore oil production at its Nangnual field in the Gulf of Thailand at least until early 1990 Thai Shell, a unit of the Royal Outch/Shell Group, said in a statement in Bangkok yesterdayReuter - 270 words
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223 1988-07-21 21 AFP AIR NEW ZEALAND staff have joined the bidding for part of the 25 per cent stake in the airline which the government is selling to the private sector, merchant bank Citibank NA said yesterday. Interest among the airline s 8,000 direct employeesAFP - 223 words
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380 1988-07-21 21 Reuter ITALIAN GUNMAKER Beretta. claiming its name was stolen by General Motors tor its recently launched Beretta Sportscar, has fired a US$25O million lawsuit against the US carmaker. "We plan to stop General Motors Corp from using Beretta, our company name,Reuter - 380 words
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Page 21 Advertisements
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Advertisement171 1988-07-21 21 SUCCESSFUL EXECUTIVES Are you looking for a change of career? A job that would bring you into contact with the best and brightest in Singapore, and put you at the very heart of business and economy? Then consider a switch to the fast-moving and stimulating world of business journalism. Put171 words
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540 1988-07-21 22 ANNA TEO - Malaysia, S'pore are like two households living together By ANNA TEO in Kuala Lumpur A STRONG CASE for Singapore and Malaysia to work closely with each other, especially in the areas of security and prosperity, was made by Trade and Industry540 words
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241 1988-07-21 22 AFP PRESIDENT General Mohammad Zia ul-Haq yesterday announced that general elections will be held on Nov 16 to replace the National Assembly he dissolved on May 29. General Zia made the announcement in the Senate, the Upper House of Parliament. The NationalAFP - 241 words
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420 1988-07-21 22 A CHANGE of the Singapore leadership will not lead to a change in its policy towards Malaysia, Brigadier-General (Reservist) Lee Hsien Loong said last night. The new leaders may have a style different from that of their predeceesors, but young or old,420 words
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353 1988-07-21 22 Agencies IRAN'S SPIRITUAL leader Ayatollah Khomeini said yesterday he decided to accept a UN-or-dered ceasefire in the Gulf War in the interests of the Islamic Republic and not as a new tactic for continuing the conflict. In a Teheran Radio broadcast monitored in Nicosia,Agencies - 353 words
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312 1988-07-21 22 Reuter THE POWERFUL BODY set up to track down former Philippines president Ferdinand Marcos's illegal assets has itself become the target of corruption charges. President Corazon Aquino acted on complaints on Tuesday by ordering an audit of the companies the Presidential Commission onReuter - 312 words
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Article277 1988-07-21 22 AFP THE EC and Japan are set to go to the General Agreement on Tariffs and Trade (Gatt) to discuss Tokyo's biggest grouse against the community its action against Japanese "screwdriver plants" assembling products in Europe that are chiefly made from importedAFP - 277 words
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218 1988-07-21 22 Reuter THE JAPANESE Supreme Court yesterday ruled that the sale of shares in a company before it is listed can be considered bribery, a decision that could have implications for a stock scandal that has rocked the country. In that scandal, secretariesReuter - 218 words
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Article, Illustration426 1988-07-21 22 LINDA CHEE - By LINDA CHEE REDUCTIONS in port charges from next month will mean total savings of $6.5 million a year for port users, Communications and Information Minister Dr Yeo Ning Hong said yesterday. The Port of Singapore Authority, the minister426 words
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149 1988-07-21 22 AFP PHILIPPINE economic managers have predicted a full recovery by 1992, when President Corazon Aquino finishes a six-year term. Mrs Aquino's spokesman, Teodoro Benigno, yesterday cited a National Economic Development Authority (Neda) report saying gross national product (GNP) would grow at an annualAFP - 149 words
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91 1988-07-21 22 AFP HONGKONG'S draft "mini-consti-tution" is "seriously flawed and will not adequately protect basic human rights after the British colony reverts to China in, July 1997", Amnesty International said yesterday in London. The worldwide human rights organisation said the draft, published in Hongkong at theAFP - 91 words
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LATE FILE
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Article55 1988-07-21 22 Reuter TEXAN oil disaster expert Paul "Red" Adair and his team have extinguished the biggest wellhead blaze on the stricken North Sea Piper Alpha platform, operator Occidental Petroleum Corp said. The platform was ripped apart on July 6 by several explosions in history's worst offshoreReuter - 55 words
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Article52 1988-07-21 22 Reuter THE Commerce Department said the May US trade deficit was a seasonally adjusted US$9.4l billion excluding the cost of insurance and freight, versus US$B.BO billion in April. Before seasonal adjustment, the May trade gap was US$9.l9 billion excluding insurance and freight, versus US$B.69 billionReuter - 52 words
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Article40 1988-07-21 22 OANA-TNA JAPAN and Canada ara to provide financial aid worth over 1,000 million baht to help implement varioua development projects in Thailand. These include the establishment of a calculus research centre and increasing food production.OANA-TNA - 40 words
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Article59 1988-07-21 22 Reuter THE Tokyo Stock Exchange, securities firms and exchange members agreed in principle to extend afternoon trading hours to 2-1/2 hours from two, Mr Seiichi Kato, chairman of a meeting of the three parties, said. They will also change the last trading day of theReuter - 59 words
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Article67 1988-07-21 22 AFP BUMIPUTRA Malaysia Finance Ltd (BMF) has loat an appeal against an order to pay US$6.4 million in damages and interest to three local companies for disposing of shares without authority. The Hongkong Court of Appeal Tuesday rejected BMF's appeal against liability for the illegalAFP - 67 words
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Article58 1988-07-21 22 Reuter DIRECT trade and investment between Taiwan and China are inevitable because of economic forces and the return of Hongkong to China in ig97, the official International Business newspaper said in Beijing. It said Taiwanese investment had flooded into Hongkong since the end of 1986 and wouldReuter - 58 words
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Page 22 Advertisements
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Advertisement6 1988-07-21 22 Inflation fear* hit market, PAGE 176 words
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Advertisement197 1988-07-21 22 Leader, Pag* 12 Security Council adjourns debate, Page 5 Tanker market mixed response to ceaeellre, Shipping Times Page il PSA boosts terminal capacity to 4m TEUa, Shipping Timet Paga I Tho Comox gold and silver reports wtrt not ivilltbls cW d? ojr^ e J, OtVC* 7nC^ etl ul ,ets 4197 words
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SHIPPING TIMES
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Article, Illustration403 1988-07-21 23 LINDA CHEE - By LINDA CHEE THE LAST LEG of expansion at the Tanjong Pagar Terminal will boost the port's container capacity up to its maximum of 4.34 million TEUs enough to meet projected traffic demands up to 1992. Existing capacity now stands at about 3.5403 words
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224 1988-07-21 23 THE COMPANY at the heart of the Bangkok crane controversy is seeking compensation of over 400 million baht from the Port Authority of Thailand. A PAT source told the Bangkok Post that Bangkok Cranage which had its monopoly righte for providing crane services at224 words
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220 1988-07-21 23 Lloyd's List SEA-LAND SERVICES will have a new man at the helm in August. Alex Mandl is to succeed Robert Hintz as chairman and chief executive of the CSX Corporation subsidiary. Mr Mandl, 44, has served as senior vice-president, corporate development, since joiningLloyd's List - 220 words
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PORTSIDES
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Article70 1988-07-21 23 SRI LANKA is working on the possibility of establishing a direct link with Australia, said the chairman of Ceylon Shipping Corporation Tilak Collure. Discussions were held between CSC and the Australian National Line during Mr Collure's recent visit to Sydney. At present the two parties70 words
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Article274 1988-07-21 24 The above information is compiled from data provided by the Singapore National Shippers' Council. ALL SURVEYS were conducted on July 19 Argentina Buenos Aires and Bahia Blanca Normal operation. Australia Queensland. Victoria, South Australia and Western Australia Normal operation. Gladstone, Brisbane, New South Wales, Sydney and Port KemblaThe above information is compiled from data provided by the Singapore National Shippers' Council. - 274 words
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Article775 1988-07-21 24 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrons VII 3 American Tpt II 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANL 1 1/2 APC tine V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Asian Ocean VI775 words
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598 1988-07-21 24 Reuter IRAN'S acceptance of an United Nations ceasefire resolution in the eight-year-old Gulf War brought a mixed response, and some uncertainty following hostilities between Iran and Iraq on Tuesday, tanker brokers said. Oslo-based Intertanko, which represents 80 per cent of the world's independentReuter - 598 words
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Article73 1988-07-21 24 GOVAN Shipbuilders' facilities or\ the Clyde will be equipped fop high-technology tonnage following the acquisition of the yard by Nor-, way's Kvaerner Industrier. The three berths currently op-! erated will be converted to two, each capable of handling the con-; struction of gas carriers of73 words
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269 1988-07-21 25 MAERSK LINE will launch a dedicated train service directly to and from the US Gulf next week. The weekly service, operated in co-operation with Santa Fe Railroad, will cut down transit time by one to three days for goods destined for the US269 words
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215 1988-07-21 25 Reuter TAIWAN'S merchant fleet will reach a record 250 ships totalling about 7.2 deadweight tonnes by the end of 1988 against 240 ships of 6.99 million dwt at the end of last year, the Taiwanese Communications Ministry said. Tseng Kow-Chain, director of the ministry'sReuter - 215 words
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Article74 1988-07-21 25 Reuter MACAU has set up an international shipping register which will allow vessels to fly the Portuguese flag until 1999, an official announcement said. The new register, which comes into effect immediately, will supervise technical characteristics of ships using the flag and will also checkReuter - 74 words
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8668 1988-07-21 30 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.8,668 words
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Article1180 1988-07-21 32 BUSINESS on the London ship- ping freights market proved slow to develop into definite fixing on Tuesday as brokers reported a generally firmer undertone. The major US Gulf and North Pacific grain origins were not represented in scant voy- age fixing. However. European Com- < munity wheat featured1,180 words
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Page 23 Advertisements
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Advertisement759 1988-07-21 23 V DMtwvrf bu TISJES STP Distributors Timom Pubhmhtng Group 15(7"^ OOCL Orient OvfiQEAi Codtcimfi LINE WW JKoiNE SHIPPING AGENCIES (Rof No 242X4/ 00«) 200 Cantonment Rood #12-05 Southern!. Singapore 0201 Tel *****11 TELEX NO RS ***** TERMINAI/CFS Tel *****11 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SON BHD759 words
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Advertisement70 1988-07-21 23 mm IRAN's acceptance of an United Nations ceasefire resolution in the eight-year-old Gulf War brought a mixed response, and some uncertainty following hostilities between Iran and Iraq on Tuesday, tanker brokers said. Page II MAERSK LINE will launch a dedicated train service directly to and from the US Gulf next70 words
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Advertisement494 1988-07-21 23 THE SPEC/AUSTIN Wire Rope Slings Lashing ll* r m t INTERMAWNE SUPPLY CO. (PTE) LID. Tel mma (i unes) tlx mcco rs mm f/ul mm I MAERSK LINE WE PUT YOUR CARGO ON THE TRACK TO THE U.S. GULF To Europe UK Scandinavia Finland '.'iM.'.lM'Wjll'Hhl MAERSK TOKYO WIS 11/8 1U494 words
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Page 24 Advertisements
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Advertisement896 1988-07-21 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ROTTERDAM/ S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE 22/7 10/8 11/8 13/8 8/8 14/8 64/966 24/7 26/7 14/8 16/6 18/8 19/8 21/6 10/563 26/7 26/7 16/8 16/8 20/8 21/6 23/8 84/566 31/7 2/8 19/8 21/8 23/8 24/8 26/8 01/564 4/8 30/8896 words
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Advertisement19 1988-07-21 24 Lines and services represented by /*a Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association. V19 words
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Advertisement464 1988-07-21 24 lAMERICAN TRANSPORT LINES, INC. U.S. EAST COAST, CENTRAL/SOUTH AMERICA, CARIBBEAN/MEXICO mtUEJCJM PUEllb.'tJL'tJi IY FEEDER VESSEL T T I A,,TA »althso«e. mm. tmm. omit u.s east coast ports on request SO CCEPTINC CARGO TO CENTRAL/SOUTH AMERICA:- ««TO«ALJ^KJTOICAJEUO, SANTOS, RIO GftANOE. PARANACUA. RK> OE JANEIRO, TO CARIMEAN »U€JIOS WRES OTHER PORTS ON464 words
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Page 25 Advertisements
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Advertisement1108 1988-07-21 25 STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok P&O Containers CONTAINERS* 1 SERVICE TO UK/CONTMENT: KASKA IMll LUCS (AT HOW KON6 EXPRESS KAMAKIMA ULKK RHINE MUtU TOKYO MY Also Accepting Cargo For: fin H'torf rkM« R'to iw W IKI w M Iff W 1«R 1M IM mt njt1,108 words
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Advertisement1001 1988-07-21 25 15 16 September 1988, Marina Mandarin, Singapore BUH/f SI B CO N '8 8 "SINGAPORE BUNKER PORT OF THE 1990'5" Both the international shipping and bunkering industries have recognised the importance of Singapore as a bunker port that can fulfill their requirements in the increasingly competitive environment. The Port of1,001 words
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Page 26 Advertisements
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Advertisement532 1988-07-21 26 IHSINOSE MARITIME PTE LTD IRAN MEE2AN IRAN EKRAM ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore loading for:26/7 BANDAR ABBAS 31/7 BANDAR ABBAS JAPAN/KOREA SERVICE Singapore Loading for:1/8 JAPAN. KOREA H| kyowaline POLLUX V-11l SUM UNION LINE KARACHI SERVICE Singapore Loading for:l 22/7 Karachi TAIYO MARINE LINE PAKARTI LIMA532 words
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Advertisement755 1988-07-21 26 HC&.LINE FULLY CONTAINERIS E D SERV I C E 10 EUROPE VIA SUEZ "J Mrmbf. ol the Ice Coosodum MillY CONTAIN!RiSfD 10 FROM NORTH UMIRICA WIS! Co*Si CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S'PORE LOAOING FOR CRYSTAL REEO 65 25/7 DUBAI. DAMMAN GEN AGENTS: CROWN MARINE CO (PTE) LTD755 words
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Advertisement143 1988-07-21 26 FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY KARACHI: ETA 9/8 23/8 MIDDLE EAST SERVICE NEW SERVICE DUBAI 28/7 A 10/8 AUSTRALIA/ NEW bookings: *****88 (8 Lines) SINGAPORE: *****45 (25 Lines) JOHORE: (07) *****2, *****7 KUALA LUMPUR: (03) *****66 (6 Lines) PENANG: (04) *****9, *****5 JAELARTA: (021) *****1/*****2 Va143 words
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Advertisement1161 1988-07-21 26 r EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GLAMOUR/EVER Gt££T HP VP MP mp 2M fc/S I fvf! art»f AWm CO*-*" V* Vt SA U It rvt! e»2?ft »M 12* IS* 21; 14* 1M 2M Zl/I Z3* 2M EVER gentry 21* 2* 27* 20* jo/i 2* s ALSO1,161 words
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Page 27 Advertisements
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Advertisement942 1988-07-21 27 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE 1 '.Il .l i BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE ma wr mm i/a 1M 12/4 11/4 IKOTA MEGAH KOTA RATII WOT A TTMUR942 words
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Advertisement403 1988-07-21 27 ir* BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT ■n w ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASM AN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE HKC NOUMEA SUVA AU NAT TN 11/1 LI BRUSSEL m m 11/9403 words
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Advertisement593 1988-07-21 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD F T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES il TTfrigiTiiaiiiatiiTiiJ vsiyvoy S PORE BILBAO ANTWERP H'BURG/ R DAM/ADAM BREMEN 9-12/1 14/9 17/9 3UB-J/9 7/10 10/10 MP 12/10 15/10 14/10 17/10 10(10 1510 'A' VESSEL LJ.593 words
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Advertisement478 1988-07-21 27 BOUSTEAD SHIPPING AGENCIES J* BURMA FIVE STAR SHIPPINC corporation (Burmese National Line) PAGAN VI3OW PA-AN VI27W HTONEYWA V237W Loading for Rangoon P.Kelang Penang Bangkok BANK LINE SEMI-CONTAINER SERVICE TAMAITAI SAMOA VI3N FORTHBANK V22N IVY BANK V22N SPORE ROAM HULL HMBG 24/7 25/8 31/8 29/8 W nit w i<) W 8/10478 words
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Page 28 Advertisements
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Advertisement834 1988-07-21 28 K'lini KAWASAKI KISEN KAISHA, LTD. N. AMERICA-ATLANTIC COAST ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE •PK/PNG 18/7 25P l/» ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE •PK/PNG *INDO CHINA CONTAINER HONGKONG CONTAINER KOREAN JACEJIN KOREAN JACEWON ■VIA FEEDER QUEENSWAY BRIDGE SEVEN SEAS BRIDGE KOREAN CHANCE ACE CONCORD LE834 words
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Advertisement723 1988-07-21 28 'm KALIOAS 31 TU LSI OAS VJ7 KALI DAS ¥39 TU LSI DAS VJI AUSTRALIA EXPRESS CONTAINER SERVICE Accruing FCL/FCL Contelr*ec* Singapore NiW) P«non| LOOdir* tor Mothw Vsl B> Foodor By foodor <38 I Aug 1 Auf 1 Au| Fre»/Mot»/S»dn/Adol ¥J7 2 Sept 25 Au» 2S A* Fren/Maß>/S»dn/AM *39 26723 words
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Advertisement558 1988-07-21 28 G€ GOLDEN LINE GUAN GUAN SWUNG (PTE) LTD mlr S 8. TiM Aftr Strwt SIHCAFOtt 0104 TU S3UW (II LHICS) Fas: SM3SW STRAITS/PERSIAN GULF SERVICE: Spor. PMto* Pmm fiOUK* HA VEX Cdp«to/KaraciM/Oub* *31 J«ty GOLDEN BEAR Coto«too/K*»eh./Dubi. H Auj CHINA SERVICE BMVMMMNNMai MAm A vcaso. mitSt *f~2 CHINA OCEAN SHIPPING558 words
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Advertisement405 1988-07-21 28 PHILI-Oni€NT LIN€S PT€ LTD H£AO OFFICE 63 ROHNSON ROAD *0" 1? AFRO ASIA BUILDING SINGAPORE 0106 TUEX RS ***** PMILI FA» ??***** EAST/MR EAST FA i LO. ETA SINGAPORE T 7W l- l '■l/Wl'. 1 n rTTTTT ii'j J r-Bir-r; >W,M >.l'f |MI <w.» r ij FCLiuinmci V. V ion,405 words
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Page 29 Advertisements
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Advertisement937 1988-07-21 29 NEPTUNE AGENCIES PTE LTD. FE EU/AUST TPA/SEA Q«n«r«l Enquiries: T»l: 27*M77 Terminal CFS BOORINCS *****53 27*5742 *****22 *****53 *****19 27*116 :\\NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE a T(* EUROPE/UK (VIA SUEZ): I I N CRYSTAL 4CW C CONTAINER 4CW HR CONTAINER SCW K JACEWON MN K JACEJIN937 words
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Advertisement374 1988-07-21 29 DONA* HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, KEELUNG. BUSAN. INCHON WCF JUNE:1) BUSAN SINGAPORE 2) SINGAPORE/ KEEL UNO 10 DAYS SERVICE II SERVICE?! Vmml'i Name ETD BS S PORE PKELANG KEE BUSAN MO JI ~NotDon»m/H7N1307 a OK? 10n N« I OonMMOCN UVO7 Z3-2VC7 77-21/07374 words
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Advertisement715 1988-07-21 29 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 ***** PENANG P KELANG MESSRS MAI THONG SHIPPING 127 Penjng Street. Penang. Maia»s<a MS HANDLINC SYSTEM CO SDN715 words
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Page 30 Advertisements
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Advertisement308 1988-07-21 30 SINGAPORE SHIPPING ■Jar CORPORATION (PTE.) LTD. TEL 225 6868 >30 Lines fAX *****39 *****76 TELEX RS ***** A B SSCVA RS ***** A B SSCAO VE.B DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE TO EUROPE FAHRLAND VS/88 HAVEL LAND V 5/88 RUHLAND V&W •VIA COLOMBO Accepting cargo for INDIA Bombay, Cochin,308 words
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Page 30 Miscellaneous
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Miscellaneous169 1988-07-21 30 Regional Weather SSI I? I Vi 'A Z4 kt&i m Yl Va VS S3 1 s ss* 35 2 Ly 2 W 4* <s "If SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. July 21, 1988 LEGEND R Thunderstorm Temperature c X\ y Shower Weather Wind direction with speed in169 words
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Page 31 Advertisements
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Advertisement1167 1988-07-21 31 FARGO SHIPPING COMPANY (PTE) LTD. No 15 Hoe Chiang Road p 13-02 Sanford Building, Singapore 0208 .Tel *****22 Tlx: ***** FASCO „c ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND vs. IE I."! v*"ir Alto Kcaptin* ck|o to:AUSTRALIA —AdaUidt, I NEW ZEALAND -Wtilinfton, TO USA/CANADA Naptor, Chfirtthurth IN". IS DATS FROM LTVORNO1,167 words
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Advertisement422 1988-07-21 31 &i]j>3 in AT CONVENTIONAL WHARVES Berth Arrival KEPPEL WHARVES Borboro* Okt CS Oceor Chungking Hucntong Koto NO9O XlAhuO 2 Aconcoguo >•«s<>« KoH«r>g Krrs Moduro Phuket Novm SKoun Fuffya Stratj Pr.<J# X.nt*o 2 Eastern G»ory Encourogem#«r Equator IN l»n Pe»olmg 2 OMu Bo»oh Brook* Trom Sun PASIR PANJANG Ale«onde' Donong Flying422 words
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Advertisement213 1988-07-21 31 n UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 rgi IRAQI LINE *0 ST T I fMTfMRISf »0» ■IP IT TM«S»0«" MV SINDBAD EAST BOUND SERVICE ETA S PORE LOADING FOR Japan THROUGH B/Li to BACHDAO UPON REQUEST ACCEPTING CONTAINERS UPTO AQABA i BAC REEFER213 words
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Page 32 Advertisements
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Advertisement347 1988-07-21 32 —I Hai Sun Hup Co (Pte) Ltd Lr, n l ??04'»0f> I?n Lines; Tlx HS ??Oht 8. MS ?06/? ft. I \s R\ \|< K III) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS m V 9 nit nit Moji •Subject to cargo NOTE: ALSO CALLING OTHER JAPANESE POSTS,347 words
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Advertisement435 1988-07-21 32 CGMi FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST CM AND FRENCH Par Halifax, Terante, Haw Yarfc. BaMmara, fvlHMri Hoi-foMi Savanruh aarvtng GULF Miami, Kabila, Near Oriaawa, Houatsn/Maiico Vara Cruz. Da Ctty7FKCMCH W. India* Fart Da Franca, PaMra A. PHra, Oar* 0. COLUMBUS LINE REEDEREI GMBH (A SERVICE435 words
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Advertisement175 1988-07-21 32 ULTIMATE FREIGHT SERVICES PTE LTD Til: *****11 The 4S4H Fas: 2MM2 WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK LONDON, MARSEILLES Agent: NMON*ASU SHIPPING (S) PTE LTD Tel: *****88 (8 Lines) Tlx: RS ***** PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA ft MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI175 words
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Advertisement694 1988-07-21 32 MM CALL US AT: P. KELANG PENANG J. BAHRU P. GUOANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4 *****3 •07-*****8 07-*****3, *****5, *****0, *****1 •02-*****22 *****88 VEEKLY FAR EAST/EUROPE CONTAINER SERVICE VII "J rrrrr I KLAMNA VI SBSSSrS«S I FROM EUROPE ri r rT-7T LOADING FROM; GOTHENRURG. RREMERHAVEN. HAMNURG. ROTTERDAM COPENHAGEN. LE694 words
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