The Business Times, 17 August 1988

Microfilm: NL16233
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 WEDNESDAY, AUGUST 17, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    267 1 Reuter Dow Jones up BLUE CHIPS on Wall Street soared and the general market gained in morning trading yesterday, after an early decline, following a recovery in bond prices. The early decline followed a bigger than expected rise in the June US trade deficit. The Oow was
    Reuter  -  267 words
  • Article
    Crucial need to hold on to Asian values: PM Lee
    256 1 SINGAPORE'S future will depend on whether her people can maintain their Asian core values, said Prime Minister Lee Kuan Yew last night. The need to hold on to Asian values on human ties, family and marriage was more crucial in
    256 words
  • Article
    Dollar tumbles on US trade deficit news
    150 1 A BIGGER-THAN-EXPECTED US trade deficit in June sent the dollar tumbling on the London foreign exchange yesterday. Dealers said it dropped nearly two Japanese yen and two West German pfennigs within minutes of news from Washington late last night that the US June
    150 words
  • Article
    Promenade fetches UIC $150m-$160m
    513 1  -  Company may announce deal with Japanese today By LISA LEE IN A DEAL set to inflame the property market, United Industrial Corporation (UIC) is said to have found a Japanese party which is prepared to pay between $150 million and $160 million for The Promenade shopping
    513 words
  • Article, Illustration
    Markets play safe ahead of US trade data release
    145 1 REGIONAL MARKETS were mesmerised yesterday by the prospect of the release of US trade figures for June. Trading volumes in share and foreign exchange markets were very low with all sides awaiting the figures. Wall Street's heavy loss of 33 points
    145 words
  • Article
    Tiger Balm offers 18.75 m shares at $1.70 apiece
    424 1 TIGER BALM LTD, the newly formed pharmaceutical subsidiary of Haw Par Brothers International Ltd, is offering the public 18.75 million shares of par value 20 cents at $1.70 each. Of these. 10 per cent will be reserved for directors, management, staff
    424 words
  • Article
    Lock icon KL revises 1988 GDP growth to 7.2 pc
    154 1 Reuter MALAYSIA'S real gross domestic product is now projected to grow 7.2 per cent instead of 5.9 per cent in calendar 1988, due to the surge in commodity prices, Primary Industries Minister Lim Keng Yaik says. "This means that our economy has
    Reuter  -  154 words
  • Article
    Musa Hitam declares support for independent candidate Shahrir
    450 1  -  FORMER MALAYSIAN DPM SURPRISES IN JB CAMPAIGN By PAUL GOPAL FORMER MALAYSIAN Deputy Prime Minister Datuk Musa Hitam yesterday joined the fray in the campaigning for the Aug 25 Johor Baru parliamentary by-election in support of independent candidate Datuk Shahrir Abdul Samad.
    450 words
  • Article
    Lock icon American trade deficit rose to US$12.5b in June
    410 1 Reuter THE US TRADE DEFICIT widened to a seasonally-adjusted U5512.54 billion in June from U559.76 billion in May, the US Commerce Department announced yesterday. Exports fell 2.4 per cent to U5526.81 billion and imports rose 5.7 per cent. Forecasts for the trade
    Reuter  -  410 words
  • Article
    Lock icon Troops positioned in central Rangoon
    162 1 Reuter AFP BURMESE TROOPS backed by light tanks moved into central Rangoon yesterday to deter new protests against the country's authoritarian government as it prepared to choose a third leader in a month, according to Ran-goon-based diplomats contacted from Bangkok. They said it was the
    Reuter; AFP  -  162 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      192 1 999 Official Typewriter Supplier of the 1988 Olympics brother IBS offers a full range of banking services to meet yourneeds Executive Loans a flexible loan programme which can turn your plans into reality Housing Loans a loan programme that makes it easier for you to own a home Ml Account
      192 words
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      Page 1 Advertisements Column 2
      249 1 Full report, PAGES 16 Regional markets, PAGE 18 World markets, PAGE 19 Editorial Comment: 10 Tough interest rate journey Omnibus Bill 10 Provisions and impact on S pore India: 41 years later 11 Still building that noble mansion Home News: 2,3 Zipping up the wooden products market; Services sector going
      249 words
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      Page 1 Advertisements Column 3
      248 1 I mita NEW AGE COPIERS Convenient, reliable feature-packed Sote Agent WEI TAH CO PTE LTD TEL: 746 1061 Just think. While you wait for your clients to pay up, the money they owe could be in use now. V J^jj| The ability to take advantage of new business opportunities often
      248 words
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  • HOME NEWS
    • Article
      YKK eyes wooden products market
      506 2  -  Company in tie-up with local firm to export wooden doors to Japan By LILIAN ANG JAPANESE zipper-maker YKK is gearing up for the global wooden building products market just two months after leaping onto the property development bandwagon in Singapore. The group plans to do
      506 words
    • Article
      Look at overseas markets, Malay businessmen urged
      431 2 MALAY BUSINESSES are being encouraged to seek export markets and to upgrade their Singapore operations under a two-pronged campaign being launched by the Singapore Malay Chamber of Commerce (SMCC). SMCC's secretary, Mr Suhaimi Bidin, said yesterday the chamber will send a team to
      431 words
    • TRADE TALK
      • Article, Illustration
        Training software for money markets
        243 2 ALL ONE needs to know about the basics of money markets, foreign exchange, capital markets, financial instruments and technical analysis are now contained in a single software training system known a» the Intuition Expert. Marketed by Telerate, the global financial infor-' mation network company, the
        243 words
      • Article
        China-made computers on show
        161 2 ELEVEN computer companies from China will take part in COMTEC 88, the microcomputer industry's four-day exhibition starting on Aug 25 at the World Trade Centre. A 40-strong delegation from Beijing,* Foshan, Shanghai, Shenzhen, and Xilu will show off China-made, computer hardware, software and peripherals for home
        161 words
      • Article
        Conference on biotechnology
        142 2 A FOUR-DAY biotechnology conference will be held at the Mandarin Hotel from Sep 5 to 9. Topics will include government, programmes in biological research and development, the role of research institutions and mechanisms for technology transfer. The conference is jointly organised by the Economic Development Board(EDß), the
        142 words
    • Article
      Singapore Polytechnic receives US grant
      180 2 THE Singapore Polytechnic has received a US$lOO,OOO grant from the US government to further develop its facilities for computeraided design and manufacturing (CAD/CAM). The grant, under the US government's Trade Development Program, is the second one given to the polytechnic. The first in 1963 was
      180 words
    • Article
      Donation to museum
      69 2 PHILLIPS PETROLEUM Singapore Chemicals (Pte) Ltd (PPSC) has donated $100,000 to the National Museum for purchase of works of art. Mr Yeo Seng Teck. who is chairman of PPSC and chief executive officer of the Trade Development Board (TDB). said the donation was a small contribution from
      69 words
    • Article
      JSL, JEL donate $100,000 to scholarship fund
      177 2 JURONG SHIPYARD Ltd (JSL) and Jurong Engineering Limited (JEL) have donated $100,000 to the National University of Singapore (NUS) for the establishment of an endowment fund in honour of their late chairman, Mr Tan Teck Chwee. Interest accumulated from the fund will be
      177 words
    • Article
      Commerce sector posts second highest productivity growth
      388 3  -  THIRD QUARTER SURVEY OF BUSINESS EXPECTATIONS OF SERVICES SECTOR By LILY FERNANDEZ SINGAPORE'S commerce sector turned in a robust productivity performance in the first quarter this year, according to the Quarterly Bulletin of Productivity Statistics, a National Productivity Board publication. Sectoral growth of
      388 words
    • Article
      Services sector sees good outlook for rest of the year
      575 3  -  By ZHOU MEI Economics Correspondent BUSINESSMEN in the services sector commerce, transport and business services, and financial services continue to be upbeat about the outlook for the rest of the year. The Third Quarter 1988 Survey of Business Expectations of
      575 words
    • Article, Illustration
      Tokyu set to exceed sales target
      370 3  -  By GENEVIEVE CUA TOKYU Department Store is likely to exceed its $50 million sales target by more than 10 per cent this year, Tokyu director and general manager Takaoki Suzuki told BT. Tokyu's ladies' fashion department appeared to be the key attraction for Singaporeans
      370 words
    • Article
      Tobacco sector posts highest productivity growth in group
      422 3 NOMINAL GROWTH in output and a pared-down level of employment have combined to give the tobacco industry the highest productivity growth rate in its industry group category. The tobacco industry registered a productivity gain of 31.4 per cent over the same period
      422 words
    • Article
      July price index up by 0.6pc
      82 3 HIGHER FOOD and housing cost led to a rise in the July consumer price index. Overall, the CPI rose by 0.6 per cent over June 1988. Compared with 12 months ago, the cost of living in July was 1.6 per cent higher. Dearer vegetables,
      82 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      213 2 The first medals of the 1988 Summer Olympic Games have already been awarded. V- A m y i mm** Federal Express. The Official Air Express Carrier of the 1988 Olympics Games. It was really no surprise when the worlds most important sporting event chose the world's biggest air express company
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      Page 2 Advertisements Column 2
      86 2 GRAND CARPEI AUCTION presented by Edmund and Shukor Sunday, Aug 21,1988 Grand Ballroom Hilton International Singapore Viewing 10am Ipm Auction Sale: 2pm 5.30pm 100 selected pieces from Persia, Afghanistan and Pakistan including interesting tribal pieces. All lots are guaranteed and backed by a full trade-in value at our showroom. Ample
      86 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      171 3 ►Wth 700 luxurious rooms and suites each overlooking the Chao Phraya River, the Shangri-La is truly a city resort in the heart of Bangkok. Set amidst beautiful landscaped gardens, it offers an extensive range of leisure activities as well, of course, as the warm welcome and superb standards of personal
      171 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      197 4 rv w. f y/ Xg< M -J Him #^kl y iipjijOffjlHl w^mm. W'r -M yy-'-'-v. •:■:•■•>:■ BMBg^AgTO^SJa^ it L m 0 i ;M. J* Pi W ;xj-V' Si X s# >:•:<'•' .S-: f Wor/d leading products. The British Aerospace VSTOL Harrier and the Rover 800 Series H9B hit on ROVER
      197 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Inequality getting out of hand in China
      292 5 AFP INEQUALITY in China has reached such proportions that it is provoking public discontent, according to the weekly Beijing Review. Maoist egalitarianism, which had "everyone eating from the same big pot", once drew criticism. "Now it is the problem of great gaps in
      AFP  -  292 words
    • Article
      Lock icon Melon riot injures 30 farmers
      121 5 Reuter ENVIOUS PEASANTS seriously injured 30 farmers and looted thousands of tonnes of prized fruit in a new round of China's "watermelon riots". The Farmers' Daily said on Monday a mob stormed fields in Zhengyang county last month and looted melons valued at two million
      Reuter  -  121 words
    • Article
      Lock icon NAM holds talks on Cambodia
      175 5 AP SENIOR OFFICIALS of the NonAligned Movement (NAM) began a three-day meeting in Harare, Zimbabwe, on Monday, aimed at making recommendations for a political settlement in Cambodia. A Zimbabwe Foreign Ministry official, who insisted on anonymity, said the recommendations would be submitted to a September
      AP  -  175 words
    • Article
      Lock icon India set on raising export earnings by 20pc this year
      221 5 AFP INDIA aims to boost export earnings by at least 19.6 per cent from last year to US$l4.5 billion in the current fiscal year ending March 31, 1989 the Commerce Ministry said on Monday. The government has drafted a strategy
      AFP  -  221 words
    • Article
      Lock icon Suharto spells out challenges and hopes
      415 5 AFP INDONESIA will continue to face tough challenges in developing its economy in the next five years but the future is not without hope, according to President Suharto. In a state of the nation address to Parliament in Jakarta yesterday, Mr Suharto said that
      AFP  -  415 words
    • Article
      Lock icon Jakarta dissidents call for more democracy
      245 5 AFP A GROUP of prominent Indonesian dissidents has criticised the country's rulers and called for moves towards more democracy. In a statement issued on Monday just before the 43rd anniversary of Indonesia's Declaration of Independence at the end of World War 11, the Group
      AFP  -  245 words
    • Article
      Lock icon Tokyo's economic aid to Rangoon declining
      209 5 AP JAPAN has cut back aid to Burma in recent years and is not likely to increase its contribution until the country carries out political and economic reforms, Japanese economists and commentators say. Though Japan is reluctant to comment on other countries' internal affairs.
      AP  -  209 words
    • Article
      Lock icon Japanese awaiting stability in Manila
      205 5 AFP JAPANESE investors are still waiting for the Philippine political situation to settle down before pouring more money into the country, the Business Star newspaper yesterday quoted an expert as saying. Masao Sawaki, a former ambassador to Manila serving as adviser to Japan's Chamber of
      AFP  -  205 words
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      314 5 h. 'M -1 i I V •'w o*e» n «jJP 4 'a* H ..'."H^r* t ¥'M 4 SiS^&i IJ f' t sgp x z' V >' -A I -r «'|fe fIBt 1 I 1 v> »'A s.'. u U*J s v •<s* I 5 At Ming Court Hotel Kuala Lumpur
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      46 5 ojell.of course, caftain! u/hether in atlantic cm or NEW ORLEANS, THBRB MILL ALWAYS BE AN AUPI&NCB FORQUAUJV! BY GARRY TRUDEAU THESE ARB MY PEOPLE, CAPTAIN, THE STRIKERS, THEMNNA-BES, THE urns people m/th BIG DREAMS! ft +A yOO-HOO! PON ALP' OVER HERB! y t u m ,||H
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  • REST OF THE WORLD
    • Article
      Lock icon America needs Bush, declares Reagan
      509 6 President savages Democrats in stirring speech Reuter RONALD REAGAN passed the leadership of the Republican Party to Vice-President George Bush on Monday night in a stirring speech in which he told Americans: "I'll leave my phone number and address behind just in case you need
      Reuter  -  509 words
    • Article
      Lock icon Northtrop consultants overspent on Koreans
      439 6 AP SOUTH KOREAN consultants spent up to US$9O,OOO a month entertaining government officials to secure F-20 fighter jet contracts for Northrop Corp, according to a published report. The Los Angeles Times reported on Monday that Jimmy Shin and the late Park Chong Kyu spent the
      AP  -  439 words
    • Article
      Lock icon EC, Comecon nations begin formal ties
      126 6 AP THE European Community (EC) has established formal diplomatic relations with some member nations of its Soviet bloc counterpart, Comecon, according to the West German government. The development was also announced in East Berlin by East Germany's state-run ADN news agency. At least four
      AP  -  126 words
    • Article
      Lock icon US births in 1987 highest in 25 years, deaths at record high
      311 6 AP AMERICANS had more babies in 1987 than in any year in nearly a quartercentury, but at the same time the nation recorded more deaths than any year .in history. A slight increase in fertility. coupled with the
      AP  -  311 words
    • Article
      Lock icon UK seeks laws to allow seizure of IRA funds
      275 6 Reuter THE BRITISH government is intending to introduce laws that will allow the seizure of Irish Republican Army (IRA) funds. Prime Minister Margaret Thatcher told Northern Ireland's official unionist Member of Parliament, the Reverend Martin Smyth, in a letter on Monday
      Reuter  -  275 words
    • Article
      Lock icon Netherlands considers cutting value added tax
      230 6 Reuter THE DUTCH government, resuming 1989 budget talks this week, will discuss cutting value added tax (VAT) to bolster the spending power of low income groups. A Finance Ministry spokesman said in Amsterdam on Monday that Finance Minister Onno Ruding would propose an unspecified
      Reuter  -  230 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      779 6 ARRIVALS Operator Service Local From numbtr time GlA GA940 1150 MES THA TG403 1155 IKK SU SQ191 1155 PEN SU SQ238 1155 MES GlA GA902 1210 PDG GlA GA7318 1215 HLP TMA TL351B 1230 SHJ/KUL MAS MH641 1230 KCH GU GA950 1220 CGK GlA GA895 1235 AMS/FRA/AUH
      779 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      126 6 Tm ►a H v p •> *•>. jt If you've not tasted Dian Xin at the Sommerville, you've not tasted Dian Xln'at all! fu We believe that only the best is good enough for you. Which is why we go out of our way to create a widespread choice of
      126 words
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      Page 6 Advertisements Column 2
      75 6 •***** The buvms person's chotct every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Air port at 22.05 hours and orriving Heathrow early Col your Travel Agent or Air Canoda at *****55. AIR CANADA years of Distinctive Tailoring. 1933 1988. I# Our suits are handcrafted. Our fit, impeccable. And our fabrics,
      75 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      60 6 wmi Singapore Montr vol Moscow Nassau Ne~ Delhi New York Nicosia Oslo Paris Perth Rio 'Joneiro Rome Son Frisco San Juon Santiago Sao Poulo Seoul Stockholm Sydney Taipei Tokyo Toronto Vancouver Vienna Warsaw Washington 22/17 Cloudy 22/11 Rain 30/23 Cloudy 34/26 Cloudy 33/20 Sunny 40/24 Clear 20/14 Rain 30/18 Clear
      60 words
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  • COMMODITIES
    • Article
      Palm Oil
      379 7 MALAYSIAN CRUDE PALM OIL FUTURES yesterday closed weaker on late selling as operators liquidated positions ahead of the Palm Oil Registration and Licensing Authority's release of July palm oil output and stocks data. Dealers said prices were steady initially following firmer Chicago soy complex futures. October closed M$31
      379 words
    • Article
      Lock icon KL Tin
      180 7 Reuter THE KUALA LUMPUR Tin Market (KLTM) price yesterday added one cent to M 519.28 a kg on small offering as miners held back In anticipation of higher levels after the long holiday weekend. Dealers said trading wss quiet despite high bids of 95 tonnes at the open,
      Reuter  -  180 words
    • Article
      Produce Prices
      236 7 Chinese Produce Exchange Sollors' noon dosing prices on Aug 16 (S$/100 kg) Coconut oil Mk FOB 126.00 Old drum FOB 140.00 New drum FOB 136.00 Copra Mixed (loose) 72 tellers Pepper ii. n t n L Lt|« "WniOK wntrw FOB NtW 772.50 Sarawak white FOB faq NLW 762.50
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    • Article
      London markets
      310 7 London Commodity Exchange Buyer/Seller closing prices on Aug 15 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis io-store London, sellers option CIF London Sep 972/973 (970/973) High/Low 978/960 Nov 983/985 (974/976) High/Low 988/971 Soles (1935) Cocoa Sep 878/880 (897/898) High/Low 912/878 Dec 865/866 (873/875) High/Low 887/862
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    • Article
      Oil and Products
      87 7 TALK AGAIN stagnated, although firmer discussion seen for naphtha due to good demand for tight prompt supply. Closing prices for crude (FOB origin) USS/borr*l Chang* Toph (S*p) 14.90 undi Minm (Aug) 14.15 unch Dubai (Sap) 13.12 -t-0.12 W*i» T«xo< lnt*rrr>*d iot* f WTI (S*p)* 15.61 +0.05 N*w
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    • Article
      RAS and MRELB
      279 7 RAS prices In 8 c*nts/kg, FOB In b«l«i 1 NOON CLOSE 8uyors S*ll*rs Buyers Sellers tnf 1 RSS Prompt 253.50 254.50N 251.00 252.00N lot 1 RSS Sop 88 253.50 254.50N 251.00 252.00N Int 1 RSS Oct 256.00 257.00N 253.00 254.00N lot 2 RSS OP 251.00 253.00N 248.50
      279 words
    • Article
      Rubber
      249 7 SINGAPORE PRICES yesterday closed lower with September RSS 1 buyer quoted at ***** cents a kg. down five cents from Monday's close, dealers said. They said prices were marked down slightly at the outset following Monday's after-hours easiness and fell further in subsequent moderate dealings on overseas selling and
      249 words
    • Article
      SSR and SMR
      76 7 (cants/kg) SEPTEMBER 1988 OCTOftER 1988 (currant month) (forward month) RAS NOON NOON 1uyn S*4Wn •vy*n S*H*rt SSR 20 223.00 225.00N 223.00 225.00N sst so 221.00 223.00N 221.00 223.00N MRELB bftn S*ll*r< luytfl SMR CV 420.00 422.00N 422.00 424.00N SMI I 420.00 422.00N 422.00 424.00N SMR 5 300.50
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    • Article
      Precious Metals
      400 7 HONGKONG: GOLD yesterday closed slightly lower in trading made quiet by a lack of fresh factors, dealers said. They noted sporadic selling of gold in the afternoon session, but the market was very thin for most of the day as traders were awaiting the release of US June
      400 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      14 7 The wheat and soybean reports have been held over due to pressure on space
      14 words
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      Page 7 Advertisements Column 2
      54 7 THE SHIRT FOR BOARDROOM BATTLES. The Arrow Criterion range. Working shirts with the casual feel. CRITERION EY *-AITOW^ THE MOST FAMOUS SHRT M Tt-£ WORLD AVAILABLE AT ALL LEADING DEPARTMENT STORES AND ALSO ARROW SHOF>S AT FORUM GALLERIA. MERIDIEN HOTEL OUB CENTRE AND PENINSULA PLAZA. LICENSEE AND SOLE DISTRIBUTOR AF>PAREL
      54 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Simex
      597 8 BA Futures Inc SEPTEMBER Eurodollar futures yesterday opened slightly higher at 91.24 and firmed to the high of 91.25 initially. However, the market eased off on continued bearish sentiments following strong industrial production of 0.8 per cent with the September contract touching a low of 91.21. Trading remained cautious
      BA Futures Inc  -  597 words
    • Article
      Lock icon IMM
      192 8 Reuter IMM currency futures on Monday finished mixed after a session marked by quiet, cautious trading. The larger-than-expec-ted 0.8 per cent rise in July US industrial production evoked little reaction as traders prepared for yesterday's June US trade balance report. Many expected the trade gap to widen to US$ll.O
      Reuter  -  192 words
    • Article
      Government securities market
      112 8 Treasury bills Period Issue Yesterday's closing Day's code Maturity RIO OFFER HIGH LOW 3 months BQ*****T 10.11.88 4.06 4.01 4.08 4.03 6 months 8Y*****T 24.11.88 4.10 4.05 year BY*****S 20.07.89 4.60 4.55 4.60 4.55 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate
      112 words
    • Article, Illustration
      World interest rates
      194 8 Indicates th« raragi of ttM prime haidha ratM of 12 ma|or banks In S'pors Interbank market rates (offer/bid) on Aug 16 us$ DM SWFC Y«1 7 day. 3/0 1/4 10 1/4 10 J 1/14 4 15/14 J J/0 l/a 4 J/14 J/14 1 M* 7/14 J/14 II
      194 words
    • Article
      Money markets
      59 8 THE OVERNIGHT rate on the Singapore money market fell S point yesterday to end at 3% per cent. The term rates remained unchanged across the board. S$ Interbank rates at the close yester day: OWB MO Overnight 3 3/4 3 1/2 1 4 13/16 4 11/16 2-monHi 5
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    • Article
      Asian $ market
      294 8 Asian market ASIAN DOLLAR deposit rates yesterday closed at slightly firmer opening levels after a quiet day's trading, dealers said. They said most operators were sidelined, awaiting the release of US June trade data. Short-dates firmed 1/16 point at the outset following higher US Federal funds rate but were unchanged
      294 words
    • Article
      Options
      671 8 CURRENCY FUTURES OPTIONS Tuesday, Aug 16, 1988 DEUTSCHEMARK (tWCX) *ap M calls Mah Low Baa I MfR lap 88 pali Law OaR SO 52 53 54 55 56 57 58 90A 87 46A 43 22A 19 3 581 1148 18*8 2738 S 29 *1 117 191 200 54 Oct
      671 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      215 8 Corporate Electronic Banking. Hexagon. Worldwide, 24-hour financial control. it* j St-V'ai V?. v 1 •V I %mmi H&tf ,4 .w < Welcome to i V. if' <■ v V -> '■M t •< M Hexagon Corporate Electronic Banking J.' •m m M': ®m2m> *-V V" -a V .>\ -V. mmmmmmm
      215 words
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  • BANKING AND FINANCE
    • Article
      Options
      818 9 INTEREST RATE OPTIONS Tuesday, Aug 16, 1988 EURODOLLAR (SIMEX) ItLnli Sap 88 ca I n« Ha Sap M puts i 9100 WW 99U Sat! 6 9125 ii 15 IS 15 9150 4 31 9175 2 54 9200 1 77A 78 <(225 CAS 103 9250 CAS 128 9275 CAS 154
      818 words
    • Article
      Comex gold/silver futures
      154 9 Gold futures on Aug 15, 100 troy ounces. USS per troy ounce Open High Low s«m« Aug 430.70 433.00 430.40 433.00 1.70 S.P 434.60 1.70 Oct 435.00 437.40 434.20 437.10 1.60 DK 440.00 443.30 440.00 442.90 1.70 F*b 446.50 446.60 446.50 448.90 1.70 Ap» 454.90 1.80 Jun
      154 words
    • Article
      Forex markets
      744 9 SINGAPORE: THE US DOLLAR yesterday recovered against most currencies in thin late trading to close slightly above New York's levels. Dealers said the late recovery followed some buying by European traders in an otherwise quiet and featureless market for most of the day. Major Asian operators refrained from
      744 words
    • Article
      Lock icon BA shifts focus to West Coast
      712 9 Reuter BANKAMERICA CORP's Shift of its foreign exchange trading operations to Los Angeles from New York is expected to enhance its Pacific Rim business and bolster Southern California as a key trading centre, dealers and analysts said. For its employees, some of whom were
      Reuter  -  712 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      124 9 Small is beautiful Introducing United's new, exclusive Business Class. At United, we believe it's the small things that count. And having a smaller, more exclusive Business Class is one of them. That's why we've just reduced the number of seats in our f Business Class by almost half. But we
      124 words
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  • PERSPECTIVE
    • Article
      Lock icon Tough interest rate journey
      573 10 BUSINESS TIMES CENTRAL BANKS are nudging up short-term interest rates to counter the growing threat of inflation. Last Tuesday, the US Federal Reserve Board hiked its so-called discount rate, the interest it charges on overnight loans to commerical banks, a half a percentage point to 6.5
      BUSINESS TIMES  -  573 words
    • Article, Illustration
      Most sweeping, most stringent
      1428 10  -  The US Omnibus Trade and Competitiveness Bill, which Congress passed earlier this month, has been described as 'the most sweeping reform of US trade'. Economics Correspondent ZHOU MEI spells out the main provisions of the bill and explains what they mean to Singapore. ZHOU MEI A
      1,428 words
    • Article
      When it's a relief not to be mentioned
      440 10 WHAT A RELIEF it must be for Singapore not to be among the Asian newly industrialising countries (NICs) that earned special mention in the Omnibus Trade and Competitiveness Bill recently passed by the United States Congress. In recent years, as the US
      440 words
    • Article, Illustration
      Still trying to build that noble mansion
      1085 11  -  India after 41 years of independence In 1947, the world's largest democracy came into being with tremendous hope and idealism. India's first prime minister, Jawaharlal Nehru, told his countrymen that his nation had a 'tryst with destiny' and was stepping out 'from the
      1,085 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      142 10 mm fc v r W* *£W YOBH Amsterdam Anchorage Bangkok Dhahran Fukuoka Hong Kong Honolulu Jakarta Kaohsiung Kuala Lumpur Los Angeles Manila New York Okinawa San Francisco Seoul Singapore Taipei Tokyo rOUCH DOWN 17 TIMES A WEEK [N THE USA r ly China Airlines from Singapore: times a week to
      142 words
  • Page 10 Miscellaneous
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      Page 11 Advertisements Column 1
      207 11 t The Swissline OA Office System By Diethelm 1 V •> ■U W w I IF YOU KNOW DIETHELM ONLY FOR THEIR CHAIRS, IT'S TIME YOU TAKE A LOOK AT THEIR NEW OFFICE. The making of fine office chairs is regarded by many Particularly the Swissline OA. which you see
      207 words
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  • LEISURE
    • Article, Illustration
      Look out for the mark of Zara
      515 12  -  FOOD REVIEW Whether it's just a salad or a large helping of Ossobuco Gremolata, Italian chef Luigi Zara will leave you in no doubt that you've just experienced a gastronomic adventure. CHARLES SAVAGE tries desperately to keep one hand on his fork and
      515 words
    • Article, Illustration
      Lock icon The legend of Patty Hearst
      745 13  -  A member of a wealthy American publishing family is kidnapped by self-styled urban guerillas, is brainwashed and proceeds to hit the headlines by robbing a bank. A very unlikely plot for a film if not for the fact that it actually happened. ALY SUJO speaks
      Reuter  -  745 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      259 12 -^5 >'4 •r 4 w ••y*?-*" SBVS r| i 'it'' v- 'vSt W l»"" > m «f- f- srw *>> ~Y $&B&Zmk i;i I Hn£ I« o ponetyst^olCey a band with a faraway name but who's right at home with the crowd at Treetops Bar... 8 pm onwards. Royal Singapore
      259 words
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      Page 12 Advertisements Column 2
      234 12 Ernest Greg ■R *ft 3 A The JADE LOUNGE is the perfect spot to relax in, after a hard day at work. Ernest and Greg provide a hot new entertainment style. With a rich repertoire of ballads, old favourites and impersonations. Ernest is a soloist and plays the guitar while
      234 words
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      Page 12 Advertisements Column 3
      143 12 SATISFYINGLY HYATT Discover Hong Kong at Ruyi, our new Cantonese restaurant on the mezzanine level. Our Hong Kong chefs will delight your palate with lunchtime dion xian and a la carte dinner specialities Lunch: 11.30 am to 2.30 pm Dinner: 6.30 pm to 10.30 pm SRSfi 4 4 n HYATT
      143 words
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      Page 12 Advertisements Column 4
      192 12 Great dining in the Streets a IK I IM' "ESXiMAi STREETS Plaza Hhjh, Beadi Road Singapore 0719 M: *****11 Wa Level 4, Excelsior Hotei The Ivory's Sensational NEW IMAGE! Now, No Cover Charge! Cover Charge from Sundays to Thursdaysnad been waived! And as an added treat, a new image is
      192 words
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      Page 12 Advertisements Column 5
      198 12 f The Matterhom beckons! Savour the works of Swiss masters at the Belvedere. In our month-long fair stretching from August 1-31. With Jellied trout, Rindsroellschen, Fresh oysters, Sauerkraut swiss style, Fbndue neuchateloise, Nut croissants, authentic Swiss rolls and lots more! Come enjoy over 60 traditional favourites at just $31 for
      198 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      224 13 übertug (^rfll Ist a is V.V r So much to choose for only $2150 A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection...superb pastries, truffles. tortes...cheese board, fresh fruit.freshly brewed coffee. All for $21.50 And for $27.50 you can add a roast or
      224 words
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      Page 13 Advertisements Column 2
      7 13 ■ss/s. s» QUALITY GUARANTEED THE SUPERB SCOTCH
      7 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      617 13 CRYPTIC PUZZLE ACROSS 1 The horse Ted's broken out East (5) 6 See joints as fried potatoes (5) 9 Naval triumph (7) 10 Colourful area (5) 11 Goodbye to an aid system for part of Europe (5) 12 Cut up many a nice mixture (5) 13 Pat, characteristically? (7) 15
      617 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1397 13 w em GMDQQ From Russia with hope INSIGHT 60 Minutes Bpm, Channel 12 In four segments, the 60 Minutes crew first visits Britain's Thalidomide babies, 25 years after the discovery that the drug caused abnormal development in unborn babies. It then switches to Belize, a small Central American country that
      1,397 words
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  • SPORTS
    • Article, Illustration
      Edberg makes easy start to ATP event
      424 14 DEFENDING CHAMPION Stefan Edberg took just 57 minutes to advance to the second round of the Association of Tennis Professionals (ATP) championship on Monday at the Jack Nicklaus Sports Center in Ohio. Edberg, the tournament s top seed, defeated South African Eddie Edwards
      424 words
    • Article
      Lock icon Giant-killer claims another scalp
      280 14 AP FIFTH-SEEDED Yahiya Doumbia of Senegal, who has scored upsets over some of the world's top 30 players this year, defeated Peter Lindgren of Sweden 6-0, 6-2 in the first round of the U*****,000 Mennen Cup tennis championships in New Jersey on Monday. Doumbia needed only
      AP  -  280 words
    • Article, Illustration
      Lock icon Bruno bristles at talk of defeat by Tyson...
      299 14 AFP BRITISH HEAVYWEIGHT Frank Bruno came out fighting on Monday against suggestions that he should not be allowed in a ring with unbeaten world champion Mike Tyson. Speaking in London, the 26-year-old Briton promised that the American champion would have to do
      AFP  -  299 words
    • Article, Illustration
      Lock icon .. while champ says nothing's fixed
      374 14 while champ says nothing's fixed AP HEAVYWEIGHT CHAMPION Mike Tyson says he has not yet committed himself to fighting British boxer Frank Bruno at London's Wembley Stadium in October. "We really haven't decided if we're fighting him or not,'' Tyson said while visiting boxing promoter Don King and Cleveland City
      AP  -  374 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1062 14 DG BANK Consolidated Balance Sheet (condensed) as at December 31, 1987 ASSETS Cash in hand Bills receivable Due from related cooperative banks Due from other banks Securities Due from non-bank customers Long-term mortgage loans Investments in subsidiaries, premises Other assets 12/31/1987 DM million 12/31/1986 DM million including pre-issue sales LIABILITIES
      1,062 words
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  • COMPANY NEWS
    • TAKING STOCK...
      • Article, Illustration
        Lock icon Haw Par need not engage in costly takeover of MCL
        441 15 HOCK LOCK SIEW DESPITE REPEATED denials, rumours tol a pending takeover of Malayan I-Credit Ltd keep cropping up, with Haw jPar Brothers International frequently I cited as a predator. Could it be that the market is looking through the wrong
        HOCK LOCK SIEW  -  441 words
      • Article, Illustration
        Stanchart's white knights told to pitch in or bale out
        393 15 iMORE ON Standard Chartered and its three white knights', Australian financier Robert Holmes a Court, Hongkong tycoon Sir YK Pao and Malaysian businessman Khoo Teck Puat, who col- tectively own 37.5 per cent of the bank. Reports from London now
        393 words
    • Article
      SIA buys 3 Airbuses with option for 5 more
      388 15 SINGAPORE AIRLINES has signed a contract with Airbus Industrie for the purchase of three A3lO-300 aircraft for US$lBO million. It has also taken an option to purchase five similar type aircraft which would cost another US$3OO million. The three new wide-body
      388 words
    • Article, Illustration
      Hysan makes higher offer for Paul Y
      556 15  -  By AMY BALAN HONGKONG construction group Paul Y, in which Lum Chang Holdings was said to be interested, has attracted another bidder willing to pay substantially more than what the Lau brothers are offering. Hysan Development, a Hongkong construction group, yesterday took out
      556 words
    • Article
      Lock icon General Corp raising M$49m through CULS issue
      378 15 MBT GENERAL CORP (GCB) yesterday announced a rights issue of M 549.2 million nominal amount of 8 per cent convertible unsecured loan stock 1988/93 (CULS) at a par value of Msl each. The CULS will be allotted to both GCB shareholders and to
      MBT  -  378 words
    • Article
      LATEST RESULTS
      291 15 MALAYAN UNITED Industries Bhd has reported a 92 2pc drop in group pre-tax profit to Ms4.lsm for 1987 compared with M553.35m previously. Group turnover fell to M5312.76m from M5429.24m a year earlier. Its banking subsidiary, MUI Bank, recorded a lower pre-tax profit of Ms2.Bm compared with Ms2B 1m
      291 words
    • COMPANY BRIEFS
      • Article
        Mt Pleasure gets more time
        82 15 MOUNT PLEASURE Holdings Bhd has been granted an extension of time to Oct 13 by the Capital Issues Committee to complete its proposed acquisition of Plaza Yow Chuan Phase 1 from Low Yat Construction Company Sdn Bhd (LYC). The CIC is also agreeable to allowing
        82 words
      • Article
        CIC nod for Tongkah's proposed issues
        146 15 TONGKAH HOLDINGS Bhd s proposed special and rights issues have been approved by the Capital Issues Committee (CIC). The company had proposed a special issue of 13.940.545 shares of Msl each to settle its M 513.94 million in debts to Bena Holding group ($7,719,444)
        146 words
      • Article
        EAC sets up gloves subsidiary
        69 15 EAST ASIATIC Company (M) Bhd has set up a wholly owned subsidiary company, EAC Rubber Industries (M) Sdn Bhd. with an authorised share capital ot Mslo million. The subsidiary is engaged in the manufactureof examination gloves for export primarily to the American and European markets.
        69 words
      • Article
        Alcom secures refinancing loan
        101 15 THE ALUMINIUM Company of Malaysia Bhd (Alcom), a subsidiary of Canada s j Alcan Aluminium Ltd. has signed a MSS2 8 million loan with a consortium of seven banks to refinance its existing loan. The firm and banks declined to j disclose details, but said it
        101 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      31 15 1 FOR THE EXECUTIVE Take that business trip with the right clothes to give you the right look Wi WINDY BAY APPAREL PTE. LTD. Marina Square #03-316 Singapore 0103. Tel: *****07
      31 words
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      Page 15 Advertisements Column 2
      235 15 HOME MULTICOVER: THE BLANKET POLICY THAT COMES WITH m A BLANKET' Are you already paying $200 or more in premiums to protect your home? If you are, Norwich Winterthur Insurance has got a blanket policy that will really cover you because our Home Multicover policies now come with a free
      235 words
  • Page 15 Miscellaneous
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  • STOCK EXCHANGE OF SINGAPORE
    • Article
      APPROVED ISSUES
      40 16 Company OTHERS Hotol Prop Non renounceable offer by SlMBl of 17 5m H PI Bonds with warrants ottoctod on the basis of $500 Bonds for 1.000 HPl shares told at par Ex-date: Aug 15 Books dose-. Aug 25
      40 words
    • Article
      PROPOSED ISSUES
      242 16 Company RIGHTS ISSUE AMDB One-for-four $0.50 per shore C 1 Holdings 27 million loon stocks in the ratio of $3 loon stock for every five ordinory shores held Duta Cons One-for-one $1 10 per shore F N Two-for-five $3.00 per shore F A C B One-for-one $0 60
      242 words
    • Article
      COMPANY MEETINGS
      124 16 KILLINGHALL (MALAYSIA) Berhad: 10th AG M at N0.49 Jalan Hang Lekiu, Kuala Lumpur, today at 2.30pm. The UNITED MALACCA RUBBER ESTATES, Berhad: 74th AGM at No BH, Jalan Laksamana Cheng Ho, Malacca, on Saturday, Aug 20, at noon. THE SUNGEI BESI Mines Malaysia Berhad: 12th AGM at the
      124 words
    • Article
      Unit trusts
      310 16 Managers' prices for Aug 17 UOB Management Unifund 097 097 Unibond 101 1 103% Singapore Unit Trust The Commerce 1 03 MO MARA-Bumiputra The Sovtngs Fund 091 097 hrst B putro 660 665 Spore Prog Fund 043 047 Second B'putro 598 603 S pore Sec Fund 060 073*
      310 words
    • Article, Illustration
      Late bargain-hunting helps market recoup early loss
      707 16  -  ■by LONG SHIH ROME EARLY JITTERS yesterday sent share prices down to their lowest levels since July but a rebound in the Tokyo market encouraged some bargain hunting and prices closed only marginally lower. Share prices started to slide in the morning as
      707 words
  • Article
    SES SHARE INFORMATION
    5265 16 1988 Tel High Low Cod* Company Last Sale OCGr'a Dlv Dlv C'vi Gr'a T Id Nei P/E Vol Day 000) High Low Last Buyer Quota Seller SECTION ONE MDUS TRIAL A COMMERCIAL 141 85 218 167 121 460 178 350 129 167 177 297 59% 354 555
    5,265 words
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  • SES/KLSE
    • Article, Illustration
      KL stocks under pressure for the fourth day running
      3500 17 SHARE PRICES slipped lower for the fourth consecutive session in quiet trading on the Kuala Lumpur stock market yesterday. Losses, however, were narrowed by late bargain hunting. After a long weekend (the market was closed on Monday) the market got off
      3,500 words
    • Article
      Lock icon Nestle (M)'s listing hangs on revision of CIC guidelines
      471 17 NST NESTLE MALAYSIA is waiting for a realistic revision of the Capital issues Committee (CIC) guidelines on the issue of shares before it considers floating the company. Managing director Datuk Ernest Zulliger said although the company has every intention of listing
      NST  -  471 words
    • Article
      DIVIDENDS ANNOUNCED
      296 17 mtm To« lor ToM lor r eto P-r»b*e «m yeer le« yiar Ak»* Hldgs *>%*& Aug 30 Sep 9 Sep 26 6% 67 Jo*Kowon 5%, W27 Aug II Aug 22 S7 ?2T *2, A re r P l# Aug 19 Sep 2 Oct 3 10% 20^ C Properties
      296 words
    • Article
      BONDS, LOANS & WARRANTS
      427 17 BONDS, LOANS WARRANTS Company Eipiry/ maturity dale Coti| <%) Chuon Hup Wrti 1991 City Dev Roods 1994 5% City Dev Wrti 1992 Duntep Est CULS 1986 8% G Cotp CULS 1989 10 M Toi-Pon Wrts 1992 JC-MPH Loon JC-MPH Wrts A 1988 1989 9 Komunting Notes 1994 7 Kentucky Loon
      427 words
  • Page 17 Advertisements
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  • REGIONAL MARKETS
    • Article
      Lock icon Crash spurs HK's move towards paperless trading
      802 18 FT THE RECENT arrest of former officials of the Hongkong Stock Exchange, charged with offences under the colony's prevention of bribery ordinance, has underlined afresh the major overhaul taking place in the securities market. But if the clean-up campaign being waged by the
      FT  -  802 words
    • Article
      Lock icon Bull run sends Taiwan market to new heights
      569 18 NYT TAIWAN'S MARKET is among the world's smallest in terms of the number of listed companies, with only 140 stocks quoted. But for the past two years, the exchange has emerged as one of the hottest when it comes to daily turnover
      NYT  -  569 words
    • Article
      Lock icon Seoul
      153 18 Reuter SHARE PRICES in Seoul yesterday rebounded in active buying after the sluggish mood of the market in the past week, brokers said. The composite index rose 6.01 points to close at 710.91 on a turnover of 285.4 billion won against 106 billion on Saturday s half-day session. The
      Reuter  -  153 words
    • Article
      Lock icon Bombay
      140 18 Reuter SHARE PRICES in Bombay fell sharply yesterday after angry brokers held up trading at the start demanding the reinstatement of an expelled colleague Brokers boycotted trading last Thursday in protest at the expulsion of Ghanshyam Biyani on speculation charges The expulsion demoralised traders and triggered nervous selling, brokers
      Reuter  -  140 words
    • Article, Illustration
      Lock icon Stocks close sharply lower
      526 18 Australia Reuter THE AUSTRALIAN share market closed sharply lower yesterday, breaching 1,600 points, on worries about the June US trade deficit, brokers said. The market opened down after foreign bourses performed poorly overnight due to fears of inflation. Prices slumped further in the afternoon on fears
      Reuter  -  526 words
    • Article
      Lock icon Manila
      216 18 Reuter SHARE PRICES in Manila closed mostly steady yesterday but gainers outpaced losers due to fresh speculation in oils and a dividend announcement by Lepanto Mining, brokers said. "I won t say the market has recovered, because it is still unstable at this point. Only a few issues moved,
      Reuter  -  216 words
    • Article, Illustration
      Stocks close lower on better turnover
      1480 18 Hongkong HONGKONG STOCKS closed lower yesterday on slightly improved turnover that mainly focused on blue chips, brokers said The Hang Seng Index lost 11.27 points to 2.589.36 and the broader based Hong Kong index was down 6.57 at 1,709 34 Turnover rose to HKSS72
      1,480 words
    • Article
      Lock icon New Zealand
      79 18 Reuter THE NEW ZEALAND share index yesterday fell through 2.000 points for the first time in five weeks after uninspired trading The Barclays Index ended at 1.996 59. down 16.14. Brokers said there appeared to be little reason for a recovery in the short term. They said falling
      Reuter  -  79 words
    • Article
      Lock icon Taipei
      386 18 Reuter SOARING share prices in Taipei yesterday pushed the market index to a record close as enthusiastic investors pumped money into the market, dealers said. The weighted index rose 148 86 points, or 2 per cent, to close at 7,394.91 compared with Monday's close of 7,246.05. Turnover fell to
      Reuter  -  386 words
    • Article, Illustration
      Lock icon Prices close slightly lower
      613 18 Tokyo Reuter i TOKYO SHARE prices closed slightly lower yesterday after holding near a j narrow 100-point range j throughout the day in thin turnover, partly dampened by summer holidays, broI kers said. "Investors are worried the US (June) trade deficit will worsen and are afraid
      Reuter  -  613 words
    • Article
      Lock icon Bangkok
      270 18 Reuter THAI STOCKS yesterday tell sharply in moderate trading amid concern about the prospect of higher local interest rates and following a 33-point fall in the Dow Jones Industrial Average, brokers said The Securities Exchange of Thailand Index plunged 10 63 points, or 2 34 per cent, to finish
      Reuter  -  270 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      482 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GRIFFIN BROADCAST SYSTEMS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290<2Kb) At an Extraordinary General Meeting of the company held at 1302, Lorong 1, Toa Payoh #06-13. Siong Hoe
      482 words
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      Page 18 Advertisements Column 2
      318 18 Fai stake FAI SECURITIES Ltd of Hongkong has acquired 7.4 per cent, or 3.968.255 of Bond International Gold Inc's ordinary shares. In a filing with the US Securities and Exchange Commission. FAI said the shares were acquired for investment purposes at a I cost of US$4B.4 million. FAI Securities said
      318 words
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      Page 18 Advertisements Column 3
      5 18 Seoul prices were not available
      5 words
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  • WORLD MARKETS
    • Article, Illustration
      Lock icon Shares close sharply lower
      1073 19 New York Reuter WORRIES over higher interest rates sent buyers scuttling to the sidelines on Monday as blue chips closed at their lowest level in months. Traders said some fu-tures-related selling contributed to the decline. Investors were reluctant to make bets before the trade deficit report.
      Reuter  -  1,073 words
    • Article, Illustration
      Lock icon Equities open quietly lower
      1066 19 London Reuter LONDON EQUITIES opened lower yesterday in thin, cautious trading after Wall Street posted sharp falls in the run-up to the release of US June trade data at 1330 GMT. Dealers said they expected the market to trade narrowly in continuing low turnover, amid nervousness
      Reuter  -  1,066 words
    • Article
      Selected indices
      128 19 HONGKONG Hongkong Index Tuesday 1,709 34 Mondoy 1.***** Wee* ogo 1.741 04 Hang Seng Index Tuesdoy 2.589 36 Mondoy 2.600 63 Week ago 2.634 04 All Industrials Tuesday 2.5656 Monday 2.609 2 Week ogo 2.648 7 NEW YORK Dow Jones Monday 2.004 27 Friday 2.037 52 Week ago
      128 words
    • Article
      Lock icon EUROPEAN MARKETS ROUNDUP
      1250 19 Reuter FRANKFURT: Shares closed lower across the board in listless trading yesterday, undermined by Monday's losses on Wall Street and by position squaring before yesterday's US trade data. The real-time 30-share DAX Index fell 11.06 points or just under one per cent to 1.158.76. "There's been nothing
      Reuter  -  1,250 words
    • Article
      Lock icon Kuwait may sell shares
      69 19 Reuter THE GOVERNMENT of Kuwait. which holds a 22.1 per cent stake in British Petroleum Co. may sell some of its British Petroleum shares The Kuwait Investment Office "continually reviews Kuwait's investment portfolio in light of market conditions and other factors. and may from time to
      Reuter  -  69 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      152 19 The Brussels, Vienna and Paris markets were closed on Monday This announcement appears as a matter of record only MARINA SOIARE MARINA CENTRE HOLDINGS PTE LTD 5580,000,000 NOTE ISSUANCE FACILITY/STANDBY CREDIT LINE Lead Managed By UNITED OVERSEAS BANK LIMITED Severally Guaranteed and Provided By UNITED OVERSEAS BANK LIMITED BANQUE NATIONALE
      152 words
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      Page 19 Advertisements Column 2
      214 19 f COMES WITH A BUTLER A f If TV tS. J r~ i 11 tr ifi mm The 25 is another name for an exclusive business circle high up on the 25th Floor of the Grand Continental. Stay at our Continental Rooms on Level 25 and enjoy these exclusive facilities.
      214 words
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  • Article
    Suntec submits highest bid for convention project
    720 20  -  HK group appears likely to win site tender By LEE HAN SHIH and LISA LEE HONGKONG'S Suntec group has emerged as the most likely victor in the fight for the right to develop the billion-dollar International Convention and Exhibition Centre project. Tender for
    720 words
  • Article
    Venture sniffs out investment targets
    334 20 WHEN A GROUP of Hongkong tycoons set up Suntec Investment in Singapore in October 1985, many thought it would be the vehicle through which the magnates would pour their billions into Singapore. Well, they're wrong. Based on discussions with top Suntec officials and their associates
    334 words
  • Article, Illustration
    Francis Seow faces six charges of tax evasion
    407 20 LAWYER FRANCIS Seow, freed last month after 72 days in detention under the Internal Security Act, now faces six charges of tax evasion. The charges, of dodging income tax on income of almost $74,000 from interest, commissions and professional fees, were read
    407 words
  • Article
    Reaching more in Singapore
    91 20 Da»©(D(D BUSINESS TIMES has crossed the 18, OCX) mark. The month of July saw BT's net circulation comfortably above the 18,000 level, every day of the week. This means more than 100,000 people read BT each day, among them Singapore's top decision-makers and managers. Our advertising
    91 words
  • Article
    Peter Tham's trial postponed
    119 20 THE COURT has adjourned the trial of Pan-Electric Industries director Peter Tham Wing Fai to Sep 2. Tham faces 10 counts of criminal breach of trust and abetment of criminal breach of trust involving nearly $100 million belonging to the defunct Pan-Electric group. The case came
    119 words
  • Article
    US troops can shift from Philippines if needed: Senate
    467 20 THE US SENATE has approved legislation that will allow American troops to be shifted to Japan or South Korea if Washington and Manila fail to reach a new agreement for US bases in the Philippines. The provision is part of a
    467 words
  • Article
    Lock icon Laurel opposes coup against Aquino
    373 20 AFP PHILIPPINE Vice-President Salvador Laurel said in Manila yesterday that he would oppose a military coup against President Corazon Aquino, and denied that his recent breakaway was part of an American plot against her government. But Mr Laurel who said on Monday that he was
    AFP  -  373 words
  • Article
    Lock icon Comex gold and silver
    98 20 Reuter COMEX GOLD FUTURES firmed on news of a U5512.54 billion June US trade gap before easing early yesterday amid technical resistance just above last week's highs, dealers said. October rose US$O.6O to U*****.70, while December gold rose to just above last week's high of U*****.00
    Reuter  -  98 words
  • LATE FILE
    • Article
      Lock icon Khmer Rouge moots peace plan
      52 20 Reuter KHMER ROUGE guerillas yesterday proposed a 14point peace plan for Cambodia that would put the armed forces of each warring faction under international supervision. Diplomats in Bangkok said it was the first time the Khmer Rouge had accepted the idea of political and military
      Reuter  -  52 words
    • Article
      Lock icon Sihanouk to visit three Asean states
      42 20 AFP CAMBODIAN resistance leader Prince Norodom Sihanouk plans to visit Malaysia, Singapore and Brunei next month in the run-up to talks in November with Phnom Penh Premier Hun Sen, the prince's entourage said in Paris yesterday.
      AFP  -  42 words
    • Article
      Lock icon First Chinese firm set up in KL
      69 20 AFP NATIONAL Chemicals Import and Export Corp has set up the first Chinese firm in Malaysia, a company official said in Kuala Lumpur yesterday. The company imports natural rubber from Malaysia but also hopes to buy palm oil, timber, plywood and urea, said
      AFP  -  69 words
    • Article
      Lock icon Taiwanese gold imports soar
      83 20 AFP TAIWAN'S gold imports soared from 10.4 tonnes a year earlier to 265 tonnes in the seven months to July, accounting for almost a fifth of the free world's average annual production, officials in Taipei said yesterday. The value of gold imports jumped from US$l52 million
      AFP  -  83 words
    • Article
      Lock icon Syrian ally to run for Lebanon post
      69 20 AFP SULEIMAN FRANJIEH. a former Lebanese president and close ally of Syria, announced his candidacy yesterday in presidential elections set for tomorrow. Outgoing President Amin Gemayel and the main Christian Lebanese Forces (LF) militia are reportedly opposed to Mr Franjieh. According to press
      AFP  -  69 words
    • Article
      Lock icon Vietnam, India
      61 20 AFP sign nuclear pact VIETNAM and India have signad an accord on tha paacaful use of atomic energy and a business agreement involving industrial and agricultural projects, the official Vietnamese press said in Hanoi yesterday. The nuclear accord was signed during a seven-day visit to Vietnam by the
      AFP  -  61 words
  • Article
    Deposit for elections raised
    47 20 THE DEPOSIT required for contesting in an election has been increased from $1,500 to $4,000. The upward revision falls under the Parliamentary Elections Act (Variation of Form) Regulations 1988 The increase in the deposit required was announced in a government gazette published yesterday.
    47 words
  • Article
    Lock icon Aussies want fewer Asians
    62 20 AFP MORE THAN 80 per cent of Australians favour curbs on Asian immigration, according to a phone-in poll which jammed the nation's telephone system on Monday night. A spokesman for the Channel Nine television network which conducted the poll in five state capitals said 166,222 people
    AFP  -  62 words
  • Article
    Lock icon Revamped Soviet polls start
    155 20 Reuter THE SOVIET Communist Party has started elections under new procedures designed to make the country's political system more democratic, but which retain many features of the top-to-bottom control of the past. The Tass News Agency, announcing the start of the elections on Monday, said grassroots
    Reuter  -  155 words
  • Article
    Lock icon PLO claims Egypt's backing for plans
    241 20 Reuter THE PALESTINE Liberation Organisation (PLO) says it has won Egypt's backing for plans to declare an independent state in Israelioccupied territories. "The Foreign Minister has informed us that Egypt will place all its political potential to achieve the objectives of the PLO," said
    Reuter  -  241 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      9 20 PATRICIA ANN HITTER, BA» MX (East Mm SMtos), LLB.
      9 words
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      Page 20 Advertisements Column 2
      160 20 $ogj|g. /W\ AT LAST, ajjUjimia T k In a prosperity-filled year of 88, there's no better name than Winners; For the chic, new bar we've created in our lobby; Dedicated to those with a taste for winning. Late_breakfasts and lunches. From 10 am till 2 pm, a contemporary restaurant and
      160 words
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  • SHIPPING TIMES
    • Article
      Bangladesh Shipping will expand feeder service
      379 21  -  By LINDA CHEE NATIONAL carrier Bangladesh Shipping Corporation (BSC) is doubling capacity in its common feeder service between Singapore and Bangladesh in early October. A second container ship of 450-TEUs will be slotted into the service which calls at Calcutta and Chittagong ports. This
      379 words
    • Article
      Lock icon Hyundai told to supply two tankers to World-Wide
      102 21 Reuter THE SOUTH KOREAN District Court at Ulsan has told Hyundai Heavy Industries Co Ltd to supply World-Wide Shipping Ltd of Hongkong with two tankers under construction. court officials said. World-Wide placed an order with Hyundai Heavy, an associate of Hyundai Motor
      Reuter  -  102 words
    • Article
      Lock icon Sumitomo to build high-speed ship
      182 21 AFP SUMITOMO Heavy Industries is planning to build a ship with a special hull powered by a superconductive motor that can cross the Pacific in four days, the Yomiuri Shimbun reported. The planned ship. 200 metres long and 24 metres wide, will go 50 knots
      AFP  -  182 words
    • Article
      Lock icon Sea Containers expects record 1988 net income
      205 21 Reuter SEA CONTAINERS Ltd expects to announce record net income and earnings per share for the 1988 calendar year, up sharply from US$436 million, or US$2.l6 per share, reported for the year ended Dec 31. 1987. Sea Containers, a supplier of marine containers
      Reuter  -  205 words
    • PORTSIDES
      • Article
        Lock icon New CAF
        39 21 Reuter THE AUSTRALIA to Eastern USA and Australia to Eastern Canada shipping conferences said their currency adjustment factor (CAF) will be changed to minus 11 46 per cent from minus 10.22 per cent, effective Sep 1. Reuter
        Reuter  -  39 words
    • Article
      Pure car carriers: meeting that vital challenge
      1360 22 The pure car and truck carrier trade is alive and well. New manufacturers and routes are emerging, while old customers like the Americans want a bigger share of the trade. This article from LLOYD'S MARITIME ASIA looks at this new change. CLOUDS are
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      INDEX TO ADVERTISERS
      1030 22 A West Moor** XI 1 AB Shpg V s ABC Contain*' IX 1 Accord Shpg VI Ah rental lin#r X Alltrons VM AC Toepler XI Americon Tpl XI Anro Service IV Arrow lines IX Asian Ocean XI Assoc Carrioge XI Atlas line X ANl 1 APC line
      1,030 words
    • Article
      Lock icon West German ports want to be on par with rivals
      446 23 Lloyd's List THE Central Association of German Sea Ports has appealed to the federal government for immediate action to place West German ports on a competitive par with their Dutch and Belgian rivals. The West German sea ports have for
      Lloyd's List  -  446 words
    • Article
      Aussie yard launches trawler for E Africa
      304 23  -  By KINGSLEY WOOD THE FIRST of an export order of five large fishing trawlers for East Africa has been launched at the Australian Shipbuilding Industries yard at Fremantle. While it is the first ship ASI has built for East Africa, it is the
      304 words
    • Article
      Lock icon WEEKLY FREIGHTS
      759 23 AFP AN INCREASE in demand was noted over the past week on the dry cargo market, mainly in the time-charter sector. The Biffex (Baltic International Freight Futures Exchange) index closed three points higher on the week at 1,195 points. Conditions had initially been extremely quiet, as most shipowners
      AFP  -  759 words
    • Article
      Lock icon Laid-up tanker tonnage drops slightly to 9.08m dwt
      197 23 Reuter WORLD LAID-UP tanker tonnage at end-July fell to 908 million tonnes dw from 9.79 million at end-June although the number of vessels rose to 109 from 108. Lloyd»-pf London Press said Included in the latest total were 10 vessels of 200.000
      Reuter  -  197 words
    • Article
      LONDON FREIGHTS
      1263 28 THE DRY charter rate undertone held up well on the London shipping freights market on Monday despite continued patchy summer fixing which yielded little representative business Major grain voyages only featured in Bunge's payment of lumpsum U*****,000 to the Konpolis for a 65,000-ton Aug 20-27 shipment from the
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    • Article
      SHIPPING LIST where your ships are due... and when
      8909 28 AARHUS Ever General Evergreen Aug 17 Ville de Vega CM D Alrenement Aug 17 Tokyo Bay Triot Aug 17(PK) Arthur Maersk Maertk Line. Aug 18 Ming Progress Vang Ming Aug 20 Vin Me China Ocean Aug 21 Ever Gaining. Evergreen Aug
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      SHIPS IN PORT
      1543 28 AT CONVENTIONAL WHARVES SPC XI Smioeb<n II 8 JI2 J3 1708 0800 1706 0900 1708 23S9 1808 2300 VhmI Berth Arrival Departure MARINA WHARVES KEPPEL WHARVES Aneko Ho«g Woo* M38 M2A alongside alongside *****600 *****600 April Glory W7 o'ongs'de 1708 1800 Hye Meng 1 M4B olongside 1808
      1,543 words
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      Vanuatu adopts maritime package to boost register
      789 32  -  By VONNIE BISHOP Writing for BT from Hongkong THE Vanuatu government has adopted a package of maritime conventions which provides further expansion opportunities for the country's shipping register. In particular, passenger vessels especially cruise ships will now be accepted for register. The administrators
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    • Article
      SHIPPING EVENTS
      154 32 Aug 19-21 The TransLink group of international freight forwarders will hold its first regional meeting at Boulevard Hotel in Singapore. About 30 top company executives from Singapore, Hongkong, Manila, Brunei, Bangkok, Jakarta, New Delhi and from Allied-Link in Kuala Lumpur and Penang will discuss strategy and adjustment of
      154 words
    • Article
      Lock icon 1.25m bpd oil going into storage, says broker
      153 32 Reuter SOME 1.25 million barrels per day (bpd) of crude oil produced by Opec countries are currently going into storage and could overhang the market next year, tanker broker E A Gibson said in its weekly review. As a result, tanker owners
      Reuter  -  153 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      926 21 v V*> TIMES STP Distributors OOCL A JMOMC SMPfMS MHNCia 200 Cantonment Road #12-05 Soutnpomt Swgipora 0208 Tel: *****11 TMex RS ***** Fleam* *****09 TERMINAUCFS TM *****11. *****19. *****20 FOR CUSTOMER SERVICE INQUIRIES ANO BOOKINGS T« *****306 ft SAW JAROrnt SHIPPING AGENCIES SON IHO I PORT KELANG TM *****19 T»n«
      926 words
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      Page 21 Advertisements Column 2
      100 21 mm CLOUDS are settling over the international car carrying trade whose stability and sustained health have traditionally contrasted with the fortunes of less disciplined shipping sectors. Page II THE Central Association of German Sea Ports has appealed to the federal government for immediate action to place West German ports on
      100 words
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      Page 21 Advertisements Column 3
      657 21 TIMES STP Distributors MAERSK LINE THE SHORTEST DISTANCE BETWEEN TWO POINTS IS MAERSK LINE ARTHUR M ANNA M M PARIS M ROTTERDAM ANDERS M AXEL M M Mondo M Mcmdo M Mondo M Mondo M Mondo M Mondo El Tins »eei> M PARIS Closing Time CY 31 8 2300 HRS
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      622 22 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT TOKYO BAY FRANKFURT EXPFIESS HAMBURG EXPRESS LA SEINE LONDON EXPRESS BENALDER BCNAVON OSAKA BAY ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN. COPENHAGEN. AARHUS, GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT BREMER-1 R DAM/ I HAVEN ANTWERP LE
      622 words
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      Page 22 Advertisements Column 2
      26 22 Lines and services represented bv q!finn ers A f the Re 9' s,r y of Accredited th nn m9 A 9en!s Sin 9apore National Shipping Association.
      26 words
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      Page 22 Advertisements Column 3
      506 22 U POLISH OCEAN LINES Agio's Optorg Shipping Pte Ltd Singapore Tel *****4J P »e a->g WHTI 1 Iflei RS 21' iS Prtaimg Ityt ">' fin 22S»S' Penaog VI 1 15 CHARGEURS OELMAS *gems Optorg Shipping Pte Ltd j« ooi.M Singapore *****44 Petaling Jaya ?5t0?593 7V56G3 Penang fe732«5 SEMI-CONTAINER SERVICE TO
      506 words
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      Page 23 Advertisements Column 1
      1211 23 B The Straits Steamship Group Mansfield Container Shipping Re Ltd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok P&O Containers CONTAINERSHIP SERVICE TO UtT/COfff^f 7 CONTAINERSHIP SERVICES TO/FROM BANGKOK TOKYO BAT FRANKFURT EXPRESS HAMBURG EXPRESS LA SEINE LONDON EXPRESS BENALOER BENAVON OSAKA BAT Also Accepting Cargo For: Hiwtaii
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      Page 23 Advertisements Column 2
      587 23 C SAM Corrpjn .j Sud Arrcricjn.i dc'iJC [g® SPORE ■OTHER VESSEL HK rOKO ARICA l<N ANTOf VALP 4AI uSStL CSAV 3 240 ATCAMA V «S7 1/9 1110 20/10 22/10 2S/10 OAV 1 M VELAY Ufl 7" SflJ CSAV 2 11/ l CAR CARRIER (1) 2*» »10 *11 CARGO FOR PUNTA
      587 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      507 24 mSINOSE J MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN EKRAM IRAN TEYFOURI IRAN BAYAN Singapore 30/8 19/8 23/8 Loading (or BANDAR ABBAS BANDAR ABBAS BANDAR ABBAS KYOWA LINE PNC/S. FA! IC SERVICE Singapore Loading for: DARA SAMUT 8/9 LAE, PUB, HRA MICRONESIA SERVICE OCEANIA EXPRESS
      507 words
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      Page 24 Advertisements Column 2
      981 24 KS tS>. LINE g$M4 imfnai c»»?»»*"»» FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ M A Mrmbet ot the Ace Consortpjm KOREAN CHANCE JBW ACE CONCORD 16W ORIENTAL CHIEF 61W TRANSWORLD BRIDGE 44 W NEPTUNE DIAMOND 77* NEPTUNE CRYSTAL 47W CHINA CONTAINER «7W iUIIY COMAIWRiSED TO FROM NOR'H AWRICA MS! CCASi
      981 words
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      Page 24 Advertisements Column 3
      139 24 FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY KARACHI: ETA 23/8. 24/8 30 8 MIDDLE EAST SERVICE NEW SERVICE DUBAI 24/8 5/9 AUSTRALIA/ NEW PORT KELANG PENANG BANGKOK HONG KONG KOBE MANILA TOKYO/YOKOHAMA KEELUNG/KAOHSIUNG BUSAN JAKARTA bookings: *****88 (8 Lines) SINGAPORE: *****45 (25 Lines) JOHORE BAHRU: (07) *****2, *****7
      139 words
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      Page 24 Advertisements Column 4
      1140 24 Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SCP HKC KSC KiG PUS OSK TYO CHS BAL NYC LHV ANN RDM a* HBC SGP 22 -2 Vlt x,t w 2M s,io mo jiw mo 1010 vu 2*!t 2M 30/8 11/1 Jfi S/9 8/9 2/10 11(10 12/10 13/10 14/10 li/10 8/U 11
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      747 25 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 BANGKOK CONTAINER SERVICE SIN SBY SMG SIN Sid Sid In Pt 19/8 Sid In PI 19/8 22/8 18/8 23/8 27/8 23/8 26/8 28/8 31/8 27/8 1/9
      747 words
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      Page 25 Advertisements Column 2
      288 25 *****54 CHINA OCEAN SHIPPING COMPANY WC COWYDmOWAi mviCT KK PCD P Klg Pefunf loading for T N 30/8 Rotterdam Antwerp MAUTMA/CHWA FULL CONTAPTO IHVia Penang Pklg Spore Bkk Hkg Shai Qingdao E CHENG 17 U/| 121* i/t lift 21/* ft/t Accepting FCL Carpi for all other Chinese ports MAIATMA/JAPAN FULL
      288 words
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      Page 25 Advertisements Column 3
      565 25 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT SI 71 11 111 '1 11 11 111 13/1 IJI 1M 111 111 201 211 111 221 MI MI 241 ai ai n in 131 IV! 11l 711 111 711 »S 7 10 4 10 4 10 110 no a 10 ioio
      565 words
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      Page 25 Advertisements Column 4
      521 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY SRIWIJAYA24WB OCEAN PRIMA/11WB KUTAI 15WB S PORE ANTWERP H BURG/ RDAM/ADAM BREMEN S- 9/9 14/10 18/10 23-25/9 30/10 3/11 1- 4/10 29/10 5/11 Subject
      521 words
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      Page 25 Advertisements Column 5
      385 25 BOUSTEAD SHIPPING AGENCIES 1* TONENUfA V237W AGAN VI3IW A AN VI2BW BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) S pore 14/17 Aug 22,24 Aug 24/26 Aug Loading for Rangoon P.Kelang Penang Bangkok St BANK LINE i\ SEMI-CONTAINER SFRVir.F NORTHBOUND TO UKC IVYBANK V22N TAUSALA SAMOA VI3N MORAYBANK V6N SPORE
      385 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      642 26 Kline KAWASAKI KISEN KAISHA, LTD. ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM N. AMERICA-ATLANTIC COAST ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM N. AMERICA PACIFIC SOUTH-WEST MOTHER VESSEL MACKINAC BRIDGE BROOKLYN BRIDGE GEORGE W BRIDGE MANHATTAN BRIDGE FEEDER VESSEL NEPTUNE CRYSTAL CHINA CONTAINER MOTHER VESSEL GOLDEN GATE BRIDGE
      642 words
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      Page 26 Advertisements Column 2
      340 26 MIIIIM!'If',I^3 Accepting LCL and containerised cargoes Direct to South Africa Accepting Containers Only VIRGO 0602F NEDLLOYD COLOMBO 6036F Spore 20/8 30/8 Durban P.Eli* C.Town 3/9 10/9 12/9 11/9 14/9 16/9 P.Eliz C.Town Durban OSAKA MARU 5740G 27 7 29 7 1 8 S pore 14 8 WW/ JARDINE SHIPPING AGENCIES
      340 words
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      Page 26 Advertisements Column 3
      830 26 /l€. AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P «rtanj Penang t oading lor. "A. DAS TULSiDAS V 2' HAt DAS V 3? TULSIDAS < 38 P «dang Penang t oadmg tor. Bf c m)e' B» F«d*i Frem Melt S»d" Adel 1 Sept 1 Sept Fr&n MelO Sjrfln Adel
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      Page 26 Advertisements Column 4
      617 26 7s-7 GOLDEN LINE 5 ttV GUAN GUAN SHIPPING (PTE) LTD 23. Taiot Aytf StrMt SINGAPORE 0104 TEL U4W» (10 LINES) Fai JJ43SM STRAITS/PERSIAN GULF SERVICE: Spore PKeung Penjng GOLDEN BEAR Cotombo Karachi Oubti 30'31 Aug GOLDEN HARVEST Colombo Karachi Dubai 15.16 Sept CHINA SERVICE BAI YUN SHAN Shanghai HsinKang 2»/»
      617 words
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      Page 26 Advertisements Column 5
      446 26 PHI LI Oni€NT LIN €5 PTC LTD \"S AFRO ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FA* *****76 EAST/FAR EAST Fa ft LCI SERVICE ETA SINGAPORE DESTINATION 25* NEW GENTRADE 20* JEDDAH (LCL) H KONG KOBE TOKYO. KEELUNC KAOHSIUNC MANILA BANGKOK BUSAN JAKARTA m.n»!'!.!.»:i.vy.w!tTTm CHITTAGONG EAST AFRICA/MBNTKRANEAN FCL ft
      446 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      984 27 NEPTUNE AGENCIES PTE LTD. FE lU/AOST TPA/SEA o*n«ral Enquirtaa: T»l: 275M77 Terminal CFS BOOKINGS *****53 27*70 ansa mua 27*119 zmu NEPTUNE ORIENT LINES LTD NEPLINE SON BHD. 3HM7 NEPLINE SON. BHD. 2C1M33 1 NEPLINE SON. BHD. UUS*Z7MM27KI427«2 INE SON. BHD. zaowami 27*5753 vtao 27*111 2*oll* 27*111 27*141 INWARD/OUTWARD ENQUIRIES: 2717*44
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      Page 27 Advertisements Column 2
      609 27 9f DO*AM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: KELANG, PENANG, KEELUNG, BUSAN. INCHON 1 STRAITS/KOREA SERVICE WEF JUNE 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE SERVICE!! Vessel's Name ETD BS S PORE PKELANG KEE BUSAN MOJI Clori»f»7N 04 08 In Port 20-21/08 02 041)9 06
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      Page 27 Advertisements Column 3
      915 27 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 keianc MESSRS HAI THONC SHIPPING 127 Penang Street. Penang. Malaysia M/S HANDLING SYSTEM CO SDN
      915 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      294 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A B SSCAD r DSR-LINES l VEB DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE "Vl* iARNACA ACCEPTING CARGO FOR UMASSOL BEIRUT.
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      Page 28 Advertisements Column 2
      32 28 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAi *==1 COMPAGNIE MALGACHEDE NAVIGATION h\ I (Madagascar National Shipping Lina) INDIAN OCEAN/AFRICA REGULAR SEMI-CONTAINERISED SERVICE HINODE KISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE
      32 words
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      Page 29 Advertisements Column 1
      1835 29 ICSP SHIPPING AGENCIES PTE. LT Tel: *****66 (16 Lines) Fax: *****61 LCL FIXED CONSOLIDATION TO:IMARSEILLES/GENOI S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore
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      Page 29 Advertisements Column 2
      221 29 rrmUNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 cn a n > J mil *Jji) j —Jj m iiJ —lyjf Algerian National Line SERVICE S PORE LOADING FOR MV BEL ABBES sio japan MV BECHAR is* Algiers, oran. annaba ALL VESSELS ACCEPTING FCL CONTAINERS FOR
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      Page 30 Advertisements Column 1
      466 30 FINE-LINER SHIPPING PTE LTD 70 Shenton Way. 04 0?C Marina House. S pore 0207 TEL *****77 8 L.nes) TLX RS ??M1 FLINER FAX *****56 EUROPE SERVICE :W.I 1,1.,J T.tt- tvu»i u li« 2 I 1 4" |1M w N |jyi FAR EAST SERVICE vn in» urn lim I in 1M
      466 words
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      Page 30 Advertisements Column 2
      734 30 ZIM cargoM to USA tilt wnt Coast. CjrhbbMn.EMt Canada HAITI Cocta Rica. El Salvador. Guatemala. Honduras Vontnwla. Poru. Ecuador Cotomfc* via Miami Trinidad Barbados. Antwua St Lucia. NontMrrat. Guayana via Kinpton AUSTRALIA CONTAINER SERVICE AccEnm cako to aoeiaioe via Melbourne and also fcl to cuam ZIM EILAT CONTAINER LINE LCL/FCL
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      Page 30 Advertisements Column 3
      430 30 BBißagßHggSsegSgSga mmmmm Everett Lines LOADING FOR CALLAO. MATARANi, ILO* AND ALL OTHER PERUVIAN PORTS' WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P Kelang* Singapore THOMASEVERETT 20/21 Aug HUGHEVERETT 28'29 Aug MANOLOEVERETT 20,21 Sep EVERETT ORIENT LINE* K JAPAN/BAY OF BENGAL/JAPAN SERVICE 6 LOADING
      430 words
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      Page 31 Advertisements Column 1
      498 31 Seabrfctafe Vttmycirrii i nice JEURO AFGHAN/IRAN SERVICES SEABRIOGE EUROPE S SCANDINAVIAN SERVICES WEEKLY FCULCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM. RTM, L. HAVRE. ANT. GENOA. ARAHUS. STOCKHOLM. Ha. CPU, GOTBG. MARSEILLES. OLSO 4 ALL INLAND DESTINATIONS POINTS. SEABROIGE FAR EAST. VIETNAM CHINA SERVICES WEEKLY FCULCL GROUPAGE FROM SINGAPORE
      498 words
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      Page 31 Advertisements Column 2
      353 31 Consolidation Service NEW CALEDONIA TAHITI SIN 21/8 NOUMEA 25/9 PAPEETE 26/9 MAURITIUS REUNION ISLAND SIN 19/8, 29/8 PORT LOUIS 29/8 REUNION 13/9 FRANCE SIN 23/8 MARSEILLE 9/9 LE HAVRE 14/9 TRANSTAINERS D6LMAS-VIEUEUX WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATAOI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TTA Freight Pte Ltd Tel.
      353 words
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      Page 31 Advertisements Column 3
      451 31 I r .U V TEL: 733*411 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE ALSO ACCEPTING CARGO TO E MALAYSIA. BRUNEI, EUROPE. USA CANADA UitKU LUCKY SEAWAY SERVICES PTE LTD Tlx: ***** Fax: *****77 S.E.ASIA/CHINA SERVICES SGP P KLANG P. GUDANC KTN FOR D YUN In Pt QINGDAO/XINGANG/ SHANGHAI ORAVA
      451 words
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      Page 31 Advertisements Column 4
      582 31 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* G/SELATAN IXV-74 G/SELATAN VIII V-(3 G/SELATAN VI V-U TBN SP PKL PN BLW KA( Sid 26/7 SW lit SW 10/8 20/1 24/1 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW
      582 words
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      Page 31 Advertisements Column 5
      433 31 PTC CONTAINER LINES FCL LCI SERVICE tfC GT</OUP B FAR EAST 8 KEELUNG/KAOHSIUNG /8 BANGKOK /8 MANILA 8 JAKARTA 8 PORT KELANG/PENANG 8 BUSAN 8 TOKYO/YOKO/KOBE 8 HONG KONG also accepting cargo to Huangpu Shenzhen/Fuzhou Xiamen Xingang, Shanghai i EUROPE/UK '8 RDM/HAM/ANT/LE HAVRE/GENOA '8 LDN/FLX/LVP/SOU i USA/CANADA '8 L.A./NYC/SFO 8
      433 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      359 32 ///Mai Sun Hup Co (Pte) Ltd U TEL ?*****6 (20 Lmesi TLX HS ***** &RS ***** L I \M I K\ \K I l\l K III) strait:/ japan/ straits service PECIALIST IN RO-R0 HEAVY LIFTS 'Subject to cargo inducement N TE TAum!i C /ru, N w G cc 0 c
      359 words
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      Page 32 Advertisements Column 2
      261 32 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/MEXICO AND FRENCH WEST INDIES VSI s#oft LeHayre Connecting VSI TOYAMA VX 22/8 If) STUTTGART EXP nitTfVUjn't' W M DUSSELDORF EXP Houston/Meiico JUTLANWA V 302 V» 22ft NUERNBERG EXP. _v"m Cr!u Mexico City Savannah/ FRENCH W Indies Fort De France.
      261 words
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      Page 32 Advertisements Column 3
      208 32 KENWALT INTERNATIONAL UNFS EXP CONV SVC (TO/FM) SRI LANKA/EAST INDIA VSI SIN CBO MAD NAGAPATTINAM TARTOUS VlOl PPW2A 22 25/1 30 31* TARTOUS VlO2 9-llfl £25 24-$? Also accepting cargo fm P Kelant/Penaiw. EXP CONTNR SVC TO/FM HONGKONG A TAIWAN VSL SIN HKG KAOHKEE SWAN REEFER 43SN 20/1 24/S 25/1
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      Page 32 Advertisements Column 4
      906 32 *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 /M CALL US AT: P. KELANG f PENANG stf J BAHRU P GUDANG Singapore K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE *****231 SINGAPORE I LEHARVt GOTHENBURG 12 OS Hirrr; TO EUROPE FEEDER RUTANC 471 t RUTANC 473 R RUTANC 475
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      152 32 Regional Weather Z 'V. I <• yf 1 SI r 4! sW SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. August 17, 1988 V* LEGEND R Thunderstorm Temperoture c A> Shower Weother _X Wind d«ec»ior> w«th speed m knots Ro*"> vj Cloudy Sky h **9 h SvrfKe -»«h M Mutate*
      152 words