The Business Times, 22 September 1988

Microfilm: NL16251
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, SEPTEMBER 22, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    237 1 AFP Dow lower WALL STREET stocks turned lower in early trading yesterday after failing to find support for a moderate early gain. The gain followed favourable consumer price and housing starts reports, which added to evidence of a moderating economy, analysts said. The Dow 30 was down
    AFP  -  237 words
  • Article
    Spinoffs from changes in govt accounting
    493 1  -  Openings for selling services to public sector By TONG SUIT CHEE THE PLAN by the government to adopt management accounting practices has thrown open the door for private companies to provide services for the public sector. Sources said that starting on April 1, the
    493 words
  • Article, Illustration
    Markets follow Tokyo rebound
    197 1 EXCEPT for Sydney, regional markets closed marginally higher yesterday led by the strong rebound in Tokyo. In Singapore, share prices stirred in the afternoon to close generally higher after opening mixed The Straits Times Industrial Index recovered 6.58 points to close at 1,046.53 points while the
    197 words
  • Article, Illustration
    Gold price plunges below US$4OO
    362 1 THE PRICE of gold yesterday crashed through its key support level of US$4OO an ounce in Europe for the first time since February 23. 1987. The yellow metal plunged nearly US$ll to touch a low of US$399 35 an ounce during morning trading in London.
    362 words
  • Article
    Lock icon American consumer prices up 0.4pc in August
    294 1 Reuter AP US CONSUMER PRICES rose by 0.4 per cent in August, the same moderate pace as in July, as the effects of the drought in the farm belt began to ease. Rises in food, shelter, and energy costs accounted for more than
    Reuter; AP  -  294 words
  • Article
    Lock icon Japan to expand development assistance programme for Asean
    252 1 Bernama JAPAN has decided to further expand its Official Development Assistance (ODA) programme for Asean Parliamentary Vice-Mimster for Foreign Affairs Takujiro Hamada said yesterday that this was aimed at improving the quality of Japan's economic cooperation with Asean Efforts in this direction
    Bernama  -  252 words
  • Article
    GM S'pore, OUB and PUB win National Training Awards
    453 1  -  By ZHOU MEI GM SINGAPORE'S extensive in-house training programmes for its 2,300 employees have earned the 10-year-old company the 1988 National Training Award. The award is being given for the first time by the Skills Development Fund (SDF) in recognition of
    453 words
  • Article
    Lock icon Tropical products: US, Japan offer tariff cuts
    262 1 Reuter THE US and Japan have submitted separate proposals at 105nation trade talks in Geneva to cut or eliminate tariffs on hundreds of tropical products. Gatt sources said yesterday. But delegates reported that Malaysia on behalf of Asean had criticised Japan s offer
    Reuter  -  262 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      127 1 n TiENGourerif SICHUAN CUISINE <4 4 King's Hotel Havelock Road Singapore 031b Tel: 733 0011 WE KNOW HOW IT FEELS TO BE SMALL At Great Pacific Finance, you'll find an open mind and a receptive ear w hen you talk to us about your expansion plans. We're the SIFS Specialists
      127 words
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      Page 1 Advertisements Column 2
      344 1 Talking about privatisation THE INVESTMENT and financial business has been one of the slowest to accept some of the thinking and approaches public relations professionals bring to an undertaking In the privatisation process especially, it is better to be safe than sorry. Enough organised opposition or support can win or
      344 words
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      Page 1 Advertisements Column 3
      11 1 Opec ministers to discuss oil price slide on Sunday, PAGE 8
      11 words
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      Page 1 Advertisements Column 4
      48 1 TOTAL TRANSPORTATION SERVICES tel: 265-3833 CROWN PACIFIC Profile* of award wtnnere Leader, PAGE 10 Melwani, exclusively male. Nov/ Open at (Next to Lido Theatre) 360 Orchard Road, *01-18 X *02-55 56 58 Wisma Atria. Tel *****25 *02-23. Plaza Singapura, Tel *****29 Ist level. Metro Marina Sauare Tel *****75
      48 words
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  • HOME NEWS
    • Article
      Salvors find ruptured ballast tank in Markham Bay
      227 2 THE 2.610-TONNE Markham Bay ship was found to have a ruptured ballast tank after the salvors yesterday managed to upright the vessel, which had developed a 45-degree list to starboard on Sunday. "Although the vessel is upright. it has not yet been
      227 words
    • Article, Illustration
      More people turn to press ads for jobs
      448 2  -  By CHUANG PECK MING MORE PEOPLE are ploughing through job advertisements in newspapers rather than seeking employment through friends and relatives, a university don said in a study of the labour market. Citing figures from the Labour Ministry, Lim Ghee Soon of
      448 words
    • Article
      Exports of computer goods to reach $200 m this year
      420 2 DOMESTIC EXPORTS of computer systems, peripherals and parts by major local companies, worth only $5 million in 1985, are projected to hit $200 million this year This is partly the result of an aggressive approach by the Trade Development Board
      420 words
    • Article
      School Link computerisation project wili save $11m annually
      301 2 THE Education ministry's School Link computerisation programme is expected to save about $11.6 million annually in administrative costs, said Senior Minister of State (Education) Dr Tay Eng Soon yesterday Speaking at a School Link seminar for primary school principals. Or Tay said
      301 words
    • Article, Illustration
      Ontario out to woo businessmen
      466 2  -  By TAN KEE WEE NOT MANY PEOPLE are aware that ginseng is grown in Canada, in the province of Ontario. And that it is also exported to Singapore for distribution. Even fewer people would be aware that total trade between Ontario and Singapore has been
      466 words
    • Article
      PM gets more congratulatory messages
      200 2 PRIME MINISTER Lee Kuan Yew last night received seven more messages of congratulations from leaders around the world. "I pay a high tribute to your illustrious leadership," said President Lee Teng-Hui of Taiwan, "under which your government and people have made miraculous progress in building
      200 words
    • Article
      Corrections and clarifications
      50 2 OWEN Harries, the co-editor of the American magazine National Interest, was wrongly described yesterday in a Page 1 headline as an American. As Harries is an Australian, the headline should have read "Australian writer hits out at press treatment of Singapore." We are sorry for the error.
      50 words
    • Article, Illustration
      TRADE TALK
      299 2 THE ASIAN Business Press group has adopted a new corporate logo (Mow) designed to create a strong bond among its three companies and 19 publications in the region. ABP, which publishes special interest newspapers and magazines covering fields such as computers and travel, has offices in Hongkong. Singapore
      299 words
    • Article
      Tokyo refiners' five-step strategy
      470 3  -  ASIA-PACIFIC PETROLEUM CONFERENCE By LILIAN ANG JAPANESE oil refiners, faced with the prospect of the impending deregulation of their lucrative petroleum market, are adopting a five-pronged strategy to cope with import competition. Details of this strategy were outlined yesterday by K Takahashi, executive vice-president of Showa
      470 words
    • Article
      India's demand for petroleum goods will double
      297 3 INDIA wrtl have to increase both its refining capacities and its import of petroleum products to meet a growing demand that is expected to hit 94 million tonnes per annum (MTPA) by the turn of the century. This will represent more than double
      297 words
    • Article
      'Opec losing control over quotas'
      380 3  -  By BRIAN GOMEZ MOVES BY some Opec countries to purchase oil refining capacity in major overseas markets have intensified the problem of overproduction. "In the long run, their actions will probably depress, not increase, their income," commented Dr Philip Verleger, a visiting fellow at the
      380 words
    • Article
      Enex Asia '88 to feature 700 exhibitors
      180 3 ENEX ASIA '88, making its seventh appearance since 1976. will feature more than 700 exhibitors next month. Topping the list of 11 national groups is Britain which has 21 exhibitors. The Singapore pavilion has 14 exhibitors. Also represented are individual exhibitors from 16
      180 words
    • Article
      UK minister visits Singapore
      133 3 THE BRITISH MINISTER of Agriculture. Fisheries and Food, Mr John MacGregor, arrives in Singapore today for a two-day visit. Mr MacGregor will be accompanied by his wife and a sixmember business team. The minister and his team will meet the Minister for National Development, Mr S
      133 words
    • Article
      UK audit bill has implications for local firms
      470 3  -  By AMY BALAN RECENT DEVELOPMENTS in the United Kingdom have paved the way for independent directors to play a bigger role in the listed companies in Singapore. The Companies (Audit Committees) Bill was passed by the UK House of Commons and now
      470 words
    • Article
      Singapore allowed to operate weekly all-cargo air service to NZ
      206 3 SINGAPORE has won approval to operate a weekly all-cargo air service to New Zealand through Australia The approval, which includes full traffic rights between Australia and New Zealand, came after successful talks in Wellington between New Zealand and Singapore government
      206 words
    • Article
      Indon journalists to call on BG Lee today
      101 3 THIRTY INDONESIAN journalists, in Singapore on a one-day visit, will call on Trade and Industry Minister Brigadier-General (Res) Lee Hsien Loong today. The journalists, from the Indonesian Journalists Association. will be arriving from Batam. where they have been participating in a five-day
      101 words
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      Page 2 Advertisements Column 1
      112 2 Welcome to a stopover in Germany. HITT? 17 B£ Wherever you go in Europe, either on business or on holiday, make a stopover in Germany. This place we call home gives you everything from picture-book landscapes to streetside cafes. Lufthansa's Hansatours offer you a variety of packages with convenient connections,
      112 words
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      Page 2 Advertisements Column 2
      45 2 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! WORLD WIDE BUSINESS CENTRES (S) PTE LTD #11-04/06 Peninsula Plaza, Tel: *****69 Complete facilities telex fax copier word processing, secretarial services conference room, answering service long snort term lease you name it'
      45 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      398 3 Opsc ministers to discuss oil pries slide on Sunday, World Bank sxpocts modsst pries rlss, PAGE 8 How to run an island resort without an ounce of power or a drop of water. Just the mention of an island resort creates images of paradise. Of golden beaches, tranquil gardens and
      398 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Selangor attracts more Taiwanese investors
      567 4 Bernama TAIWANESE INVESTMENT in Selangor is expected to show a marked increase within the next two years, judging from the keen interest shown by some visiting investors to the country. A 17-member investment and trade mission, which is currently visiting Malaysia for a week, has
      Bernama  -  567 words
    • Article
      Lock icon West Berlin mayor 'yes' to more trade with KL
      281 4 AFP THE MAYOR of West Berlin on Tuesday threw his weight behind Bonn s moves to foster trade with Malaysia, telling visiting Malaysian premier Datuk Sen Dr Mahathir Mohamad of potential for extra business. Mr Eberhard Diepgen said: "Commercial exchanges between
      AFP  -  281 words
    • Article
      Lock icon Finland 'potential export market'
      95 4 AFP FINLAND has been termed a "potential market" and an "export gateway" for developing nations in the Asia Pacific at a UN-sponsored five-day seminar held in Bangkok. The seminar on the Finnish market was organised by the United Nations Economic and Social Commission for Asia and
      AFP  -  95 words
    • Article
      Lock icon Japan to open electronics door wider
      280 4 UPI IN RESPONSE to US demands for a greater share of the Japanese semiconductor market, Japan's electronics industry has announced a new "action plan" designed to expand market access for foreign suppliers. The programme released by the Electronic Industries Association of Japan on Tuesday
      UPI  -  280 words
    • Article, Illustration
      Lock icon US award for HK trade woman
      234 4 AFP THE US Commerce Department awarded Lydia Dunn, chairwoman of the Hongkong Trade Development Council, its "Peace and Commerce award on Tuesday tor her role in increasing US exports to Hongkong. "I am extremely impressed with what she has done, particularly to create business
      AFP  -  234 words
    • Article
      Lock icon Sikhs freed before Gandhi's Punjab visit
      183 4 Reuter THE INDIAN government helped smooth the way for Prime Minister Rajiv Gandhi's first visit to Punjab in three years yesterday by releasing nearly 140 Sikh militants Security forces left nothing to chance as Mr Gandhi headed for the northern state where Sikh separatists
      Reuter  -  183 words
    • Article
      Lock icon Child martyr to be shown in Iranian banknote
      180 4 AP A 12-YEAR-OLD boy who blew up an Iraqi tank by stringing grenades around his body and flinging himself underneath it will be depicted on a new Iranian 1.000 riyal banknote, the official Islamic Republic news agency said on Tuesday. Hussein Fahmideh
      AP  -  180 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      235 4 Why a Motorola cellular phone is the best way to keep in touch. For a start, we have more experience. As the world leader in cellular communica- A tions, our reputation goes back 40 years I when Motorola was the 1 first to introduce the 1 mobile telephone. H Today,
      235 words
  • Page 4 Miscellaneous
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Caputo is new president of UN General Assembly
      438 5 AP ARGENTINE FOREIGN Minister Dante Caputo, who denounced developed nations for the "pitiless system" of mounting Third World debt, has been elected president of the 43rd General Assembly at the United Nations. He was swiftly elected after the 159-nation world body convened
      AP  -  438 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      861 5 ARRIVALS Operator Service Local From number time MAS MH640 0820 KUL MAS MH651 0910 PEN MAS MH607 0920 KUL ACA AC888 0925 YYZ/LHR/BOM SiA SQ103 0950 KUL CPX CX710 0955 CGK GIA GA975 1055 CDG/AUH G1A GA960 1100 CGK SIA SQI05 1105 KUl RBA BU21 1130 BWN
      861 words
    • Article
      Lock icon Thatcher warns EC against centralised power
      230 5 AP BRITISH Prime Minister Margaret Thatcher on Tuesday said Britain was committed to the European Community (EC). But she warned her EC partners against an excessive concentration of power in the 12-nation trade bloc. "Britain does not dream of an alternative to the EC."
      AP  -  230 words
    • Article
      Lock icon Peace Prize petition for Reagan, Gorbachev
      132 5 AP A MAJORITY of Finland's parliament appealed on Tuesday to the Norwegian Nobel Committee to award the 1988 Peace Prize to US President Ronald Reagan and Soviet leader Mikhail Gorbachev. The petition, signed by 140 members from all parties in the 200-member parliament, praised
      AP  -  132 words
    • Article
      Lock icon Austrian budget talks fail to agree on defence
      189 5 Reuter AUSTRIA'S left-right coalition government has settled most outstanding issues for next year's budget but has yet to agree on defence spending. Chancellor Franz Vranitzky says. He told reporters in Vienna on Tuesday that his Socialist Party (SPOe) and the conservative People
      Reuter  -  189 words
    • Article
      Lock icon Soviet reforms take their toll on 31 firms
      411 5 UPI THE SOVIET government, showing it is serious about introducing capitalist-style cost accounting reforms in business, has declared 31 state-run industrial enterprises insolvent with six months to achieve a turnaround before being closed or turned over to private management. The daily Socialist
      UPI  -  411 words
    • Article
      Lock icon Global economy is in great shape, says US
      486 5 Treasury official sees continued expansion AP THE US GOVERNMENT has pronounced the world economy as being in the "best" shape in a long time and said US policy would continue to be steady during President Ronald Reagan s final months in office.
      AP  -  486 words
    • Article
      Lock icon 'US social security, defence cuts vital'
      243 5 AP AMERICA'S budget deficit problems will not be solved without reductions in social security and defence spending, according to a co-chairman of the National Economic Commission on Tuesday. Washington attorney Robert Strauss said the commission, which he heads with former Transportation Secretary Drew Lewis,
      AP  -  243 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      58 5 fI V jM If I \M T business person's choice, every I I II \l II I Tuesdav Thursday Saturday and I W\ I I m Sunday Leading Changi Airport at I 1 22 05 hours and arriving at Lester B. Pearson International Alport the following day Call your Travel
      58 words
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      Page 5 Advertisements Column 2
      155 5 i <*i I wn m m w mas* mm Bi-component shaft steel graphite Jr.*. r 4 ■rt Wm m?, m WOOD Combines a classic head shape with some exceptional innovations. A high density co-polvmer reinforced with ceramic whiskers and crosswoven carbon fibres for maximum impact resistance. IRON Made of investment
      155 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      77 5 Doonesbury YEAH, THIS IS ATUJAIBR OVER AT TUB BUSH CAMPAIGN... SSH m y >« m i just umrwv isr you KNOW OUR TOPIC-OF-TH£ lW ISEN&&Y. THS PHOTO OP IS AT AN OFFSHORE. OIL RIO. ANP IMB UHBOFTHE-PAY IS "REAP MY UPS TAX BREAKS FOR OIL COMPANIES" BY GARRY TRUDEAU m
      77 words
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  • MONEY AND EXCHANGES
    • Article
      Money markets
      61 6 THE OVERNIGHT rate on the Singapore money market rose V 4 points to close at 5%. One-month term rate rose 1/16 points while the two- and three-month rates were unchanged. S$ Interbank rates at the close yesterday: OfFCR SID S 1/8 5 -motrrh 5 4 7/8 2-monrh 5
      61 words
    • Article
      Lock icon Forex markets
      1541 6 Reuter SINGAPORE: The US dollar yesterday closed firmer against most major currencies. Against the Singapore dollar, the US dollar closed firmer at 2.0385/95 in dull trading. It traded within a range of 2.0380 and 2.0395. It opened initially at 2 0380/90. OCBC The US dollar closed mixed against
      Reuter  -  1,541 words
    • Article
      Government securities market
      114 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ*****E 22.12.88 4.42 4.37 4.48 4.35 6 months BY*****Z 23.03.89 4.72 4.67 4.71 4.65 1 year BY*****S 20.07.89 4.75 4.70 4.73 4.70 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      114 words
    • Article
      Asian dollar market
      269 6 ASIAN dollar deposit rates ended little changed yesterday after a quiet day's trading. Dealers said the market was awaiting yesterdays release of the US August consumer price index, housing starts and personal income and spending for clues on the economy. Short-dates and term rates were mostly steady
      269 words
    • Article
      Slmex
      507 6 DECEMBER Eurodollar futures yesterday opened two ticks higher than previous Simex close at 91.32. A downward revision to the 2nd quarter to 3.0 per cent was supportive of the market but was offset by an upward revision the 2nd quarter implicit price deflator, an inflation gauge, to 5.5 per
      507 words
    • Article
      IMM
      260 6 MOST IMM currency futures drifted lower at the opening in lacklustre trading yesterday, but Canadian dollars managed slim gams. The 0.4 per cent jump in the August US consumer price index matched market predictions, which called for a rise of either 0.4 or 0.5 per cent. Traders had hoped
      260 words
    • Article
      Comex gold/sliver futures
      204 6 iiiiwrS Wiiiih* i 'fMBBi mi. WftfTir 1. Gold future* on Sep 20 1988 100 troy ounc»s USS per troy ounce Opwi Htgh tew sa«e s«p 409.50 409.50 403.00 405.30 -3.90 Oct 411.00 411.90 402.30 406.20 -4.00 Nov 408.70 -4.00 Ok 416.30 417.00 407.00 411.30 -4.10 F«b *****
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    • Article
      Options
      1423 6 CURRENCY FUTURES OPTIONS Wedneiday Sep 21, 1988 DEUTSCHEMARK (SIMEX) Si High Oct 88 can* Low Sofl Oa 88 puto High Low Sofl 1 52 53 54 ss High Nov 88 caNi Low 36 7 1 JoD 1 MM 10A lot 88 pud Low 3 8 Sofl 54 56 748
      1,423 words
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  • BANKING AND FINANCE
    • Article
      Lock icon US to maintain Third World debt approach
      303 7 43rd IMF/World Bank meeting AFP THE NEW US Treasury Secretary will tell officials at the international economic summit in West Berlin that the United States plans to maintain its current approach to the Third World debt crisis. A top US Treasury official, who
      AFP  -  303 words
    • Article, Illustration
      Lock icon Current Deutsche mark, US dollar parity within set range: Lawson
      275 7 AFP THE CURRENT parity between the dollar and the Deutsche mark is within the range set by leading industrial nations in the 1987 Louvre accord, British Chancellor of the Exchequer Nigel Lawson said. "We are back at that level and
      AFP  -  275 words
    • Article
      Lock icon Stockholm to allow foreign banks to open branches
      152 7 Reuter SWEDEN INTENDS to let foreign banks open branches in Stockholm instead of insisting on the present more expensive practice of making them operate a Swed-ish-registered subsidiary, a finance ministry official said. Anders Nordstrom, head of the ministry's banking division, told a
      Reuter  -  152 words
    • Article
      Dutch bank buys stake in Indon company
      91 7 DUTCH COOPERATIVE bank Rabobank Nederland, a specialist in agricultural finance, has bought a 10 per cent stake in the Indonesian Development Finance Company for 3.5 million guilders. An agreement was signed in Jakarta on Tuesday. IDFC gives loans to small- and mediumsized companies
      91 words
    • Article, Illustration
      World interest rates
      194 7 Indicate* the average of the prime lending ratee of 12 major banks In S'pore r Interbank market rates (offer/bid) on Sep 21 us$ DM SWFC Yen 7 do; n 8 3/1A 1/16 10 15/16 13/16 4 15/16 13/16 2 5/8 3/8 7 6 7/8 1 8 3/16
      194 words
    • Article
      Lock icon British M-4 growth
      177 7 AFP BRITISH money supply in its broadest measure. M-4, rose a seasonally-adjusted 1.2 per cent in August over a month earlier, a marked decline from July's 2.1 per cent growth, the Bank of England said on Tuesday. Bank lending, also in its broadest measure M-4, rose £5.8
      AFP  -  177 words
    • Article
      Lock icon Reform US banking system: Fed governor
      231 7 AFP THE UNITED STATES should "reform and liberalise" its banking system to be competitive, Robert Heller, one of the Federal Reserve Board governors, has said. He said the system needed reforming if US banks were to compete with Japanese financial institutions and avoid being
      AFP  -  231 words
    • Article, Illustration
      Finance companies expect 70pc growth
      955 7  -  By ALVIN TAY THE COMBINED net profit of finance companies can be expected to grow by about 70 per cent to $90 million this year, which will only be surpassed by the record $128 million earned in 1983 Most of these companies should have already
      955 words
    • Article
      Lock icon Six Tokyo banks decline to lead manage KL loan
      340 7 Reuter SEVERAL Japanese banks have declined to act as lead managers for the US$3OO million Eurocredit for Malaysia which has started syndication in Hongkong. A report in the International Herald Tribune newspaper this week said six Japanese commercial banks were going
      Reuter  -  340 words
    • Article
      Lock icon C'wealth ministers meet on debt
      249 7 Reuter COMMONWEALTH finance ministers started talks on the world debt crisis yesterday after hearing Cyprus President George Vassiliou warn of a new slump in world trade that could worsen the plight of poor countries Mr Vassiliou told a formal opening ceremony in Nicosia on Tuesday
      Reuter  -  249 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      73 7 This announcement appears a matter of record only A ASIAN OCEANIC CAPITAL CORPORATION U5515,000,000 GUARANTEED LOAN FACILITY Funds Provider Credit du Nord New York Branch Guarantors Credit du Nord Singapore Branch Credit Suisse Istituto Bancario San Paolo di Torino Singapore Branch Rabobank Nederland Singapore Branch Berliner Handels-und Frankfurter Bank Singapore
      73 words
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      Page 7 Advertisements Column 2
      200 7 The legend in Jakarta takes you to the heart of business matters. 12 m onirsm l ■> J. ii i N 1" < f. 0 MAN DARIN OR 11 \r A I JAKARTA Mandarin Oriental Jakarta is well placed to be the ideal hotel for busy executives. It is the
      200 words
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  • COMMODITIES
    • Article
      Lock icon Opec ministers to discuss oil price slide on Sunday
      387 8 NYT THE ORGANISATION of Petroleum Exporting Countries is planning an emergency meeting on Sunday to address the slide in oil prices, which are down more than 30 per cent from a year ago. Many industry experts expect the meeting to be
      NYT  -  387 words
    • Article
      Lock icon World Bank expects modest rise in prices
      185 8 Reuter WORLD OIL PRICES will begin to rise again in the early 1990s as demand increases and supplies tighten, according to a World Bank official this week. Prices should climb to around US$2O a barrel but decline again after the year 2000, Anthony
      Reuter  -  185 words
    • Article
      Lock icon US wants more Arabica
      174 8 AFP THE US is pressing for special measures to ensure that more mild Arabica coffee comes on the market if the 74-nation International Coffee Organisation (ICO) extends its supply and price regulatory system from Oct 1. "Our objective is to increase supplies of mild coffee in
      AFP  -  174 words
    • Article
      Produce Prices
      241 8 Chinese Produce Exchange SoMort' noon doting pricot an Sop 21 (SS/100 kg) Coconut oil M rot 120.00 CHd drVK KM 1 30 00 Ml* dnw fOI 124.00 Copra Mlx*d (Ioom) 70 Pepper KM mw 670.00 Sarawak «MM KM (oo NLW < 660.00 jgrgvaa •pevu' black KM NIW 352-50
      241 words
    • Article
      Precious Metals
      230 8 HONGKONG: Gold closed weaker in active trading. Bullion ended at U*****.40/90 an ounce. On the local market, gold fell HK$72 to close at HK53,770 a tael. Krugerrand dropped HK$6O to HK53.140. The Maple Leaf and the Australian Nugget each shed HK$64 to close at HK53.259 TOKYO: Yen-denominated gold
      230 words
    • Article
      Lock icon KL Tin
      203 8 Reuter THE KUALA LUMPUR Hn market closed eight cents lower yesterday at MSIS.SI a kg on continued lack of support, extending Its downward trend In thin trading. Dealers said prices fell further In sympathy with a weaker London trend, wHh operators adopting a cautious stance over market developments
      Reuter  -  203 words
    • Article
      Rubber
      282 8 SINGAPORE: RUBBER prices closed sharply lower yesterday with RSS 1 buyer quoted at 217.00 cents a kg. down seven cents from Tuesday Dealers said prices lost three cents in moderate morning trade. They said prices felt another four cents in the afternoon on long liquidation and arbitrage selling. On
      282 words
    • Article
      SSR and SMR
      78 8 (etnh/kg) OCTOBER 1988 NOVEMBER 1988 (currant month) (forward month) RAS NOON NOON tuyvn S*U*n kuy*n SS« 20 210.00 212.00N 210.00 212.00N SSI so 208 00 210.00N 208.00 210.00N MRELB 8uy«n S«IWri luytn Sdltn SMt CV 320.00 322.00N 322.00 324.00N SMt I 310.00 312.00N 312.00 314.00N SMt S
      78 words
    • Article
      Oil and Products
      89 8 TRADE was thin yesterday as the industry went into the last day of the Asia Pacific Petroleum Conference. Closing prices for crude (FOB origin) USS/barrd Chang* Topli (Oct) 13 80 undi Minoi (Oct) 13.65 undi Dubai (No«) 11.81 W#« Texas wn (Nov)*' 14.51 New York dot* pr*viout
      89 words
    • Article
      Lock icon Soybean
      214 8 Reuter SOYBEAN futures closed mostly higher in moderately light trade on the Chicago Board of Trade on Tuesday, ranging from down 1/2 cent per bushel in spot to up 10-1/2 cents in distant September November settled unchanged at US$B.3l. The lack of aggressive speculative short-covering after the decline of
      Reuter  -  214 words
    • Article
      Lock icon Wheat
      163 8 Reuter SOFT red winter wheat futures rallied through overhead technical resistance on Tuesday to close 8-1/4 to 5-3/4 cents per bushel higher. December settled at US$4.l9-3/4 after posting a 7-1/2 .cent range Aggressive buying from Cargill. Rosenthal and other commercials overcame the speculative selling seen around the uptrend line
      Reuter  -  163 words
    • Article
      Lock icon Japan to oppose complaint
      62 8 Reuter JAPANESE farm leaders will press US officials in meetings in Washington next week to oppose a complaint filed by the US rice industry against Tokyo's curbs on rice imports. a spokesman for a large Japanese farm cooperative said on Tuesday Seven executives from Japan's Central
      Reuter  -  62 words
    • Article
      RAS and MRELB
      269 8 RAS prices In S cent*/kg, FOB In bata 1 NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 221.00 222.00N 216.50 217.50N Wit 1 RSS Oct 88 221.50 222.SON 217.00 218.00N Int 1 RSS Nov 225.50 226.50N 221.00 222.00N Int 2 RSS OP 219.00 221.00N 214.50
      269 words
    • Article
      Palm Oil
      488 8 MALAYSIAN CRUDE PALM OIL FUTURES recovered from earlier lows to close higher on late covering and speculative buying yesterday, sparked off by a further purchase of RBD palm olein by India. The market started on a steadier note in sympathy with firmer overnight Chicago soyoil futures but profit-taking
      488 words
    • Article
      London markets
      319 8 London Commodity Exchange 8«/yOf/S*llor doting prtcot on Sop 20 (£/tonno t*ilott tpodflod) Provtaut doting pricot In poronrtmH. Coffee ftotit ln-itof» London, xH#n OOrtan OF London 1J 40/1130 {1112/1115) H»gh/Lo*' 1150/110B Ho* 1140/1142 0103/1104) Htgh/lo» 1147/1096 So lot (4934) Cocoa sop 839/844 1830/836) H4gh/lo» 842/826 DK 776/777 <770/771) High/low
      319 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      138 8 M What do you notice about KLM Business Class?" "There's less room for the competition." v v wmrm I KLM's Business Class J J sets the standard. As a I I M frequent business traveller, I you'll appreciate the seat H selection when your Kx)king is made. Business Class lounges
      138 words
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  • ADVERTISING & MARKETING
    • Article
      Olympic packages prove to be strong pull
      359 9  -  by MONICA GWEE SINGAPORE ADVERTISERS have voted strongly in favour of this year's Olympic Games, taking advantage of special ad packages offered by the media. Notable international corporate names have spent more than $800,000 on The Straits Times alone from Sep 17 to
      359 words
    • Article, Illustration
      Lock icon Seoul games is biggest event in American TV ad history
      516 9 Advertising Age THE 24th OLYMPIC GAMES has turned out to be the biggest event in the history of TV advertising in the US. This year's event has generated an unparalleled amount of advertising revenues. NBC-TV, for example, sold US$55O million
      Advertising Age  -  516 words
    • Article
      Y & R in joint venture with Soviet agency
      225 9 Y R in joint venture with Soviet agency YOUNG RUBICAM INC. the largest independent American advertising agency, and V/O Vneshtorgreklama, the largest international advertising and commercial communications company in the Soviet Union, have signed a letter of intent to form a joint venture. The new company will be owned and
      225 words
    • COPY LINES
      • Article, Illustration
        Diet drink wants to be streets ahead
        105 9 FOR THE SECOND Saturday running, 120 undergraduates will take to the streets on Sep 24 to promote Fibre Trim Sparkling Fruit Tabs The 100 women and 20 men will be distributing pamphlets in Orchard Road, Shenton Way, Marina Square, Raffles City and Parkway
        105 words
      • Article
        Time's new marketing man for S-E Asia
        61 9 TIME MAGAZINE has appointed Michael Hay as director of marketing for South-east Asia based in Hongkong. Mr Hay spent six years as business development manager in Time's Toronto office. In his new post, he will be responsible for all research, marketing and promotional
        61 words
      • Article
        Alliance Int'l spreads its wings
        80 9 ALLIANCE INTERNATIONAL has acquired a 40 per cent holding in a Frankfurt agency. It is being re-launched this week as Gultig Hoffmeister Alliance. The agency counts among its major clients, Bosch, Hoechst, Wella, Schering, Fruit of the Loom, Sansui and Food from Britain. Earlier this
        80 words
    • Article
      Communication vital in privatisation
      552 9  -  By MONICA QWEE IT IS BETTER safe than sorry in the privatisation process. Enough organised opposition or support can win or lose the day Yet professionals who have been through the "danger zones" still ignore the role communication plays in privatisation. Why? "It's because. I believe,
      552 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      34 9 internati 0 3 VnTs post o«^ llent pr os rr interested P 3fl S epte Bo3 d, bel° re Thomson BT BO* Indus' guildinS' Times 129. SingaP 0 BT SHOWS YOU HOW EVERY MONDAY
      34 words
    • Advertisement
      Page 9 Advertisements Column 2
      333 9 RECOGNISING BUSINESS LEADERSHIP Business Times, Singapore's foremost business paper, and DHL, the world's leading courier, are proud to announce that the search is on for Singapore's Businessman of the Year, for the individual who strove for success and so made the most notable contribution to business in 1988. And we
      333 words
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  • PERSPECTIVE
    • Article
      Six who cared most about training
      399 10  -  Reports by SHOEB KAGDA TAN KEE WEE A TIDAK APA or couldn't care less attitude towards training still seems to pervade among most Singapore employers, judging from the scant resources spent. Training expenditure in Singapore accounts for just one per cent of the national
      399 words
    • Article, Illustration
      Five times the national average
      387 10 PUBLIC UTILITIES BOARD THE Public Utilities Board's training philosophy is simple: avoid duplicating basic training of staff. "We don't train our staff for the basic skills. When we hire, we make sure they already possess such skills," explains Mr Toh Wai Thong, the PUB's personnel
      387 words
    • Article, Illustration
      An unusual commitment
      372 10 SINO-TECHNIC PTE LTD WINNING special mention in the National Training Awards came as "a big surprise" to Sino-Tech-nic Pte Ltd because, says administrative manager Julia Nah, "we are such a small company". But that was why the company won. The Awards Committee thought that for a small
      372 words
    • Article, Illustration
      Ensuring competence in all staff
      292 10 OVERSEAS UNION BANK OVERSEAS UNION BANK, winner of the training award in the service sector, adheres to a training philosophy that ensures that all employees possess the necessary knowledge to do their jobs competently. A conscious effort is made by top level management to integrate
      292 words
    • Article, Illustration
      Planning for the second decade
      454 10 GENERAL MOTORS STAFF at General Motors Singapore are not just trained for their jobs, but also for jobs they would do in the future. The company encourages its employees to have a three-to-five-year training plan through which they can upgrade themselves and thus qualify for
      454 words
    • Article, Illustration
      Quality first and foremost
      257 10 NATIONAL UNIVERSITY HOSPITAL THE National University Hospital believes in quality training, not quantity. This is not just an empty slogan It translates into efforts to give its staff customised training to suit their specific needs, rather than standardised courses. This is partly achieved through a Hospital
      257 words
    • Article, Illustration
      'People are our greatest assets'
      190 10 TEXAS INSTRUMENTS SINGAPORE TEXAS INSTRUMENTS Singapore Pte Ltd started operations in 1968, using labour-intensive production techniques. Today, highly sophisticated equipment are employed in the production of state-of-the-art computer components It is no longer just another of 50 manufacturing centres worldwide of the US-based Texas Instruments
      190 words
    • Article
      Investing in training
      472 10 SINGAPORE'S future lies in being plugged into the global network of investment flows, trade and communications. That means having to be competitive in every sense of the word. The Skills Development Fund, which was established in 1979, has a central role in this connection. A study conducted
      472 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      46 10 Bristol ftanfr T)irhmg RS Tne U)€*THeK FoReCAST IS GOOD OJGATING rov pßeTnesr somroeß DRess £5* moRKiKG nnR £>£<STOU) U>HpH C\ BefwjTiFuL DRY O.N J ""Vi^v (^7# < SIGH' Pit L£AST N£ COULD MavE .LOOICCD UP ftT POe <_, M raoßrt'NC? roiss Sunnn^N EVENING STANDARD CO LTD 1*43-1 Ml
      46 words
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  • OLYMPIC SPECIAL
    • Article
      Lock icon Americans make clean sweep but complain about event format
      457 11 TENNIS AP TIM MAYOTTE and Robert Seguso completed a clean sweep of American first-round men's singles winners in the new Olympic tennis tournament yesterday but both said the format of the event lacked a proper team atmosphere and should be changed
      AP  -  457 words
    • Article
      Lock icon US beats Korean favourite, silences fans
      258 11 BOXING AFP THE AMERICAN boxing team fed-up with being got at by the Korean fans silenced them yesterday when light-flyweight Michael Carbajal beat hometown favourite Oh Kwang-soo. Carbajal, shrugging off the boos that filled the stadium as he stepped into the ring, got to
      AFP  -  258 words
    • Article, Illustration
      Lock icon Lewis plans to take Johnson at last 30m
      610 11 TRACK Reuter CARL LEWIS expects to pass archrival Ben Johnson in the closing third of Saturday s Olympic 100 m finals to become the first man to retain the title. The American is banking on snatching gold from the faststarting world champion
      Reuter  -  610 words
    • Article, Illustration
      Lock icon Nesty surprise for Biondi
      747 11 American favourite misses gold by the hair of his nose AP LIKE A MAGIC FOUNTAIN, the Olympic swimming pool again transformed obscurity into instant fame as Surinam's Anthony Nesty outswam the world's elite yesterday to win the first gold medal ever for his small South American
      AP  -  747 words
    • Article
      Lock icon Yugoslavs out-dribble Koreans to enter finals
      303 11 BASKETBALL AP IT WAS NOT too tough to figure out what Yugoslavia basketball coach Ousan Ivkovic thought of his team's listless 104-92 Olympic victory over South Korea. All you had to do was peek into the practice gym, where the Yugoslavs went through a
      AP  -  303 words
    • Article
      Today's events
      146 11 Basketball Women's preliminaries (7.45am, 9.45am, 5.30pm, 7.30pm) Boxing Preliminary bouts (8am) Cycling Men's and women's sprint (8am); Men's 4,000m individual pursuit finals (3pm) Equestrian Show-jumping (11.30am) Fencing Men's individual preliminaries (6.30am); women's individual preliminaries (12pm, finals: 6pm) Football Preliminaries (3pm, 5pm) Gymnastics Men's individual (finals: 10am) Handball Men's
      146 words
  • Page 11 Advertisements
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  • LEISURE
    • Article, Illustration
      Lock icon Old Possum's centenary
      692 12 UPI THE 100 th BIRTHDAY of T S Eliot, the man who reflected the mood of a generation and gave the 20th Century many of its literary treasures, will be celebrated around the globe on Sep 26 with readings, films and the publication of his letters. Poetry
      UPI  -  692 words
    • Article, Illustration
      Lock icon What a strange coincidence
      1042 13 CINEMA NYT IT ALMOST SEEMS to have been a conspiracy. On the eve of the 26th New York Film Festival, which opened at Avery Fisher Hall in New York last Friday night, Manhattan's movie theatres were suddenly offering more films by talented and innovative American film
      NYT  -  1,042 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      798 12 Where to entertain. J Hainanese Buffet 16 30 Sept. 1988 I ADULT $13.50+ CHILDREN $9.00+ i Cafe Plaza I Plaza Hotel SINGAPORE WA*M«COLOO*r<JL*inVITIMC Beach Road Singapore 0719 TM *****11 Hainanese Curry Buffet Lunch Sept 16 30 511.50 (Adult) S6.so+* (Child) Friday Fashion Fare 1.15 pm Sept 16. 23 30 Models:
      798 words
    • Advertisement
      Page 12 Advertisements Column 2
      371 12 Mitafrzmg Spanish flawtrs attheßdvedm The Spaniards have invaded the Belvedere with wonderful dishes like national favourites F&ella Valenciana and Tbrtilia a la Espanola. And for sweets, we recommend Flan de Naranja. one of the 24 desserts you'd love to tuck into. Over 60 dishes, at just $31 for adults and
      371 words
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      197 13 Such Splendid Fare: the British Food Fair. September 16 24 Put together by our own British chef lan Neish, the British Food Fair at the Cafe-in-the-Park features 27 favourites from the British Isles including Cock-a-leekie Soup, Mutton and Barley Broth. Lancashire Hotpot, Shepherd's Pte. Faggots in Onion Gravy, Roast Beef
      197 words
    • Advertisement
      Page 13 Advertisements Column 2
      57 13 >/ n i j »UUY 1 i i QUALITY guaranteed I yny vAruHi I 75 cl i 432 vol I FINEST m SCOTCH WHISKY BLENDED BOTTLED BY fyroyr CAalfmmlitif ti eJort. l&tru/ed y)u////rri —^/)vtnAar/ot/. (p/ro//aru/ PRODUCT OF SCOTLAND Ot WPOT OHM AUISO WALKER DISTRIBUTORS SON BNO SO JAIAN PEHCKAIA PEIAUNC
      57 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      638 13 (SiitDQaKaeiaicD CRYPTIC PUZZLE ACROSS 1 Sad quality leading to quiet oaths, possibly (6) 7 When finished, it's given by a viewer (4. 4) 8 How a name could be used in conclusion (4) 10 Excellent swimmer, but unhealthy (6) 11 Rush to make an accusation (6) 14 Also part of
      638 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1567 13 iLS THURSDAY FEATURE SPECIAL Thief Of Hurts 10.30pm, Channel 5 Among the booty that a good-looking thief pilfers when he ransacks a San Francisco apartment are the secret diaries of the lady of the house. Armed with the knowledge of her secret hopes and desires, he has no trouble charming
      1,567 words
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  • SPORTS
    • Article, Illustration
      Cool response to inter-bank
      451 14  -  CHESS By DEXTER LEE THE RECENT inter-bank team chess tournament was as successful as it could have been with the prevailing sentiment towards this sedentary game. But both the organiser, Singapore Chess Federation, and participants agree that more can and should be done to make the
      451 words
    • Article, Illustration
      Lock icon Good playing by Curren, Pate in Volvo tournament
      265 14 UPI SECOND-SEEDED Kevin Curren rallied to defeat Todd Nelson 5-7, 6-4, 6-4 and defending champion David Pate eased past Peter Lundgren of Sweden 6-3, 6-2 on Tuesday in opening-round play at a U*****,000 Volvo Tournament in Los Angeles. Top-seeded Andre Agassi faced
      UPI  -  265 words
    • Article
      Lock icon Oakland lands AL West Title
      232 14 UPI THE OAKLAND Athletics relentless march to the American League (AL) West Title has come to an end. with the defending World Series champions on hand to witness it. Dave Parker hit a two-run homer on Monday night in New York to lead Oakland to
      UPI  -  232 words
    • Article, Illustration
      Lock icon IAAF ratifies three world records set in July
      246 14 UPI FLORENCE Griffith-Joyner's world 100 metres record time of 10.49 seconds has been ratified by the International Amateur Athletic Federation following its two-day council meeting in Seoul. The lAAF has also approved Jackie Joyner Kersee s world heptathlon mark of 7215 points
      UPI  -  246 words
    • Article, Illustration
      Lock icon Aussies threaten to quit tour
      467 14 AFP AUSTRALIA, angered by umpire decisions and poor wickets, threatened to cancel the rest of its Pakistan tour after its first Test drubbing on Tuesday. After losing the Karachi match by an innings and 188 runs, Australian captain Allan Border said a decision would be
      AFP  -  467 words
    • Article
      Lock icon Pakistan appoints Shah as umpire for second Test
      149 14 Reuter THE PAKISTANI Cricket Board ignored Australian protests on Tuesday and appointed umpire Mahboob Shah for the second Test as the future of the troubled tour hung in the balance. Board officials said Shah, criticised by Australia for his decisions in the
      Reuter  -  149 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      108 14 J new TPSiron. like having aba#i\„ of 8-ironsl the easiest clubs t -jps irons fro new lhr ough s s£ *gSZi>>'*~ confidence slaver 1 through. 4«mo\e,th isisa P > SSEtt— w -l perimeter t < "move metal SEESSU 4 ff renter sheas. re frjcVcsp* 0 Pro vides moi<- specmcauoos lhc
      108 words
    • Advertisement
      Page 14 Advertisements Column 2
      6 14 Frankly Speaking has been held over
      6 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon UIC could be pulling off coup of the year
      565 15 n mm™ HOCK LOCK SIEW UNITED INDUSTRIAL Corporation never fails to titillate the market. And if latest speculation proves true, the multi-fac-eted UIC could pull off the coup of the year, if it has not already done so. Now hear this.
      HOCK LOCK SIEW  -  565 words
    • Article, Illustration
      Promet to prepay M$62m debts on Sep 30
      515 15  -  By ROSIE TAN REHABILITATED Promet Bhd is to prepay an equivalent of Ms 62 million of its multi-currency debts through a cheaper overdraft facility of Ms4l million and internally generated funds The company is expected to serve notice today of its intention
      515 words
    • Article, Illustration
      Fuji turning Rex into ice-skating rink
      223 15  -  By MAGDALENE NG SESDAQ-LISTED Fuji Offset Plates Manufacturing Ltd is skating into a new venture. In a statement last night, the offset-printing plate maker said it had formed a wholly-owned subsidiary, Fuji Ice Palace Re Ltd, on Aug 26, to operate an iceskating rink
      223 words
    • Article, Illustration
      Lock icon HK Land earnings likely to rise
      479 15 Reuter HONGKONG LAND Co Ltd is expected to be one of the main beneficiaries of a shortage of office space in the British colony. Analysts say this could translate into a 5 per cent to 16 per cent rise in its half-year net earnings.
      Reuter  -  479 words
    • Article
      Lock icon IGB reports 38pc fall in pre-tax profits
      254 15 Bernama PROPERTY group IGB Bhd has reported a 38 03 per cent fall in group pre-tax profits to MSB.2 million (Msl3 24 million) on a lower turnover of Mslo3 85 million (Msll2 81 million) for the half-year ended June 30. 1988 IGB said
      Bernama  -  254 words
    • Article, Illustration
      Witness says not necessary to tell Sealion directors about transaction
      385 15  -  Trading Trial ALLAN NG A FORMER merchant banker to Sealion Hotels Ltd told the court yesterday he did not deem it necessary to inform the directors of Sealion Hotels Ltd of a transaction involving the disposal of its shares. Mr
      385 words
    • Article
      Hour Glass shares on Sesdaq 3.5 times subscribed
      350 15  -  By KEVIN GWEE THE HOUR GLASS Ltd's share offer closed yesterday with a very low subscription level which was not surprising considering the state of the stock market. The Hour Glass is the fourth company to come onto Sesdaq this year. Balloting
      350 words
    • Article
      Lock icon MUI moderately hopeful this year
      222 15 Bernama MALAYAN UNITED Industries Bhd (MUI) is moderately hopeful about its prospects this year in spite of the steady recovery of the Malaysian economy. MUI chairman Tan Sri Khoo Kay Peng said in the company's latest annual report that the moderate forecast took into account
      Bernama  -  222 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        APPROVED ISSUES
        130 16 Company RIGHTS ISSUE QAF ltd Onefortwo $040 per share Ex dote Sep 19 Books close: Sep 29 S P P One for-two $025 par per share Ex date: Sep 16 Books close: Sep 28 Tuon Sing Two tor-'ive $025 par per share Ex date: Sep 16 Books close:
        130 words
      • Article
        PROPOSED ISSUES
        301 16 Company RIGHTS ISSUE C 1 Holdings 27 million loon stocks in THe ratio of $3 loon stock for every five ordinary shares held Duta Cons One for one $1 10 per shore F A C B One-for one $060 per shore General Corp Issue of $49 20* 936
        301 words
      • Article
        COMPANY MEETINGS
        119 16 INNOVEST Berhad: EGM at the Conference Centre, Ist Floor, MUI Plaza. Jalan P Ramlee. ***** Kuala Lumpur, today, Sep 22. at 9am. BERJUNTAI TIN DREDGING Berhad: 47th AGM at PNB Theatrette, 2nd Floor. Menara PNB. 201 A, Jalan Tun Razak. ***** Kuala Lumpur tomorrow. Sep 23. at 10am.
        119 words
      • Article
        Unit trusts
        324 16 Managers' prices UOB Management for Sep 22 (Jn<fund 093 101 0 93 1 035 Singapore Unit Trust MARA-Bumiputra ''•e Co»«*«'c« 09' 1 03 First B pu'ra Second B'pu"a Third 9ck)»'o 6 31 571 4 23 636 5 76 428 The Savings fund Spore P'og Fund S po'e Sec
        324 words
      • Article, Illustration
        Market makes partial recovery on low volume
        754 16  -  by GALEN CHAY THE STOCK market in Singapore made a partial recovery and closed slightly higher on low volume yesterday following a spirited recovery in Tokyos share prices Share prices, which remained stagnant throughout the morning, climbed steadily in afternoon trading At the
        754 words
    • Article
      SES SHARE INFORMATION
      5151 16 Gr's Gr's 1988 Tel Last Dlv Dlv Y'kl Nat Vol Day Last Quote High Low Cod* Company Sale or- C'vr P/E 000) High Low Buyar Sailer SECTION ONE INDUSTR IAL COMMERCIAL 141 95 t 1000 Acma 111 1.0N 24 09 462 112 117 85 42 1001 Alcom
      5,151 words
    • SES/KLSE
      • Article, Illustration
        Lock icon Bargain hunters move into KL
        3034 17 Bernama THE KUALA LUMPUR Stock Exchange closed higher yesterday, brushing aside the poor sentiment prevailing in the market the past few days. Bargain hunters, attracted by the low prices, surfaced at about noon and stayed on until the final bell. Buying, however, was selective. The
        Bernama  -  3,034 words
      • Article
        Lock icon Matsushita to shift some projects to Shah Alam
        253 17 Bernama MATSUSHITA ELECTRIC Industrial Co Ltd of Japan is making plans to shift some of its manufacturing projects to Shah Alam where it has recently acquired a 36-hectare site. The managing director of Matsushita Electric Co (M) Bhd (Melcom), Tadashi Akita. told
        Bernama  -  253 words
      • Article
        DIVIDENDS ANNOUNCED
        996 17 Current El Books Dale Total lor Total lor payment date ctoee payable the year laat year Alex Hldgs 6%ibl Aug 30 Sep 9 Sep 26 6% 6% Asiatic Dev 2% Oct 12 Oct 26 Nov 21 2% s% Austral Amal >3% Oct 7 Oct 21 Nov 8 25%
        996 words
      • Article
        BONDS, LOANS & WARRANTS
        640 17 BONDS, LOANS WARRANTS Company Eaptry/ Coupon Conversion p#rto<3 Interest Conversion term tor ooe ordinary maturity (tote <%> payable share Chuon Hup Wrts 1991 Anytime on or ofter Mar 1987 16 worronts plus $1 60 cosh until Doc 31. 1991 City Dev Roods 1994 5* Feb 1 Aug 1 City Do*
        640 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Yaohan — giant abroad, midget at home
        607 18 Yaohan giant abroad, midget at home NYT YAOHAN DEPARTMENT Store Co, a Japanese supermarket chain that is little known in the Tokyo area, is doing booming business abroad, far outperforming its more powerful Japanese competitors in overseas sales. The Yaohan chain is based in the small city of Numazu in
        NYT  -  607 words
      • Article
        Lock icon Dubai's free zone hopes peace will lure investors
        289 18 Reuter FOREIGN COMPANIES are showing new interest in Dubai's Jebel Ali free zone because of the Gulf war ceasefire and investment could rise considerably, zone chairman Sultan Bin Sulayem said. "We've been waiting for peace for eight years." he said in an
        Reuter  -  289 words
      • Article
        Lock icon New Dickson Concepts share issue
        91 18 Reuter DICKSON CONCEPTS Ltd. the Hongkong wholesaler of fashion accessories, is issuing 39 million shares internationally, lead manager Morgan Stanley International has said The offer comprises 28.6 million new shares and 10 4 million shares held by Dickson Too (Holdings) Co Ltd, which is controlled
        Reuter  -  91 words
      • Article
        Lock icon Not just yet, says Peko
        110 18 Reuter PEKO OIL Ltd. a 54 per cent-owned listed subsidiary of North Broken Hill Holdings Ltd, has advised shareholders not to dispose of their shares until it responds to Santos Ltd s proposed As44B million bid. The Santos offer of Asl 80 a share represented
        Reuter  -  110 words
      • Article, Illustration
        Lock icon Stocks close higher
        545 18 Tokyo Reuter TOKYO SHARE prices reversed their downward spiral to close higher yesterday, as investors came in hunting for bargains in the afternoon, partly on prompting from a major securities house, brokers said. Investors are seeing that the market hit bottom and there has not been much
        Reuter  -  545 words
      • Article, Illustration
        Lock icon Prices finish easier
        593 18 Australia Reuter AUSTRALIAN STOCKS closed easier yesterday on nervous trading on fears of further drops in gold bullion prices. Brokers said after opening firmer, the market ground to a halt around noon before drifting lower in late selling. "On the positive side, there was reasonable nibbling among
        Reuter  -  593 words
      • Article, Illustration
        Lock icon Shares up as volume shrinks
        1450 18 Hongkong Reuter HONGKONG STOCKS closed slightly higher yesterday as volume shrank due to continued lack of interest, brokers said. The Hang Seng Index rose 8.77 points to 2,432 00 and the broader based Hong Kong Index was up 5.71 to 1,602.96 Turnover totalled HK5285.20 million
        Reuter  -  1,450 words
      • Article
        Lock icon Taipei: Record turnover
        446 18 Reuter TAIPEI STOCK prices were broadly lower at yesterday's close after a day of hectic trading that set a new turnover record. dealers said. The weighted index shed 90.56 points, or 1.1 per cent, to close at 8,210.86 compared with Tuesday's record 8.301 42 close and a
        Reuter  -  446 words
      • Article
        Lock icon Manila: Mixed closing
        102 18 Reuter MANILA share prices yesterday closed mixed again with falls outpacing rises as speculation in oils eased after a pause in drilling offshore at North Matinloc II well. Brokers said slight advances in mining stocks, reflecting mediocre copper and gold price rises, failed to support the market
        Reuter  -  102 words
      • Article
        Lock icon Bombay: Firmer trend
        149 18 Reuter BOMBAY share prices rose again yesterday on revived speculative demand after modest setbacks on Tuesday, brokers said They said the market recovered after most investors refused to join the ranks of the profit-takers on expectations of a further rise in prices Moderate institutional purchases also helped
        Reuter  -  149 words
      • Article
        Lock icon Seoul: Thin trading
        232 18 Reuter SEOUL SHARES closed mixed in thin trading yesj terday as investors reI mamed sidelined, brokers said. The composite index rose 0.29 point to 662 84 points on turnover of 87.8 billion won against Tuesday's 105.5 billion. Shares started weak in the absence of marketboosting news, but
        Reuter  -  232 words
      • Article
        Bangkok: Index up
        194 18 THE SECURITIES Exchange of Thailand Index rose 1.84 points to 438.11 on a turnover of 3,024.497 shares worth 221.56 million baht. Reuter SEP 21 Turnover 3.024.497 share Value 221.56 mln bahts S E T Index: 438.11 up 1 84 Bookclub index: 384 72 up 1.57 Reutlo:ls 09-21
        194 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks up in slow trading
        834 19 New York Reuter BLUE CHIPS showed slight gains at the end of a quiet, drifting session in New York on Tuesday. Traders said investors lacked motivation to act in the absence of clear signs about the economy. A recovery in bond prices and a steady
        Reuter  -  834 words
      • Article, Illustration
        Lock icon Equities rally after Minorco bid
        976 19 London Reuter A SURPRISE £2.9 billion bid for the UK mining financial group, Consolidated Goldfields, by Minorco sent the London market roaring away yesterday, with other speculative issues showing double figure gains. "This is just the tonic the market needed. Many people have been talking
        Reuter  -  976 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1979 19 Reuter ZURICH: The all-share Swiss Index broke through the psychological barrier of 900 points yesterday and closed 9.6 points higher at 901.7, dealers said Share prices firmed across the board in quiet trading as market sentiment was boosted by gains in Tokyo and a steady dollar. Most
        Reuter  -  1,979 words
      • Article
        Lock icon Kohlberg Kravis is top US White Knight
        625 19 Investment partnership builds a large empire Reuter THE SECRETIVE investment partnership of Kohlberg Kravis Roberts and Co has built a corporate empire in the US as large as General Electric Co. mostly by playing White Knight (or dozens of companies threatened by hostile
        Reuter  -  625 words
      • Article
        Lock icon Swiss banker hits out at multi-tier shares
        361 19 FT THE MANY different types of shares issued by Swiss companies and the large number of Swiss stock exchanges are a cause of concern to the Swiss Bankers Association, Claude Oe Saussure, its president, said in Geneva on Tuesday. The nationwide, fully-auto-mated Swiss
        FT  -  361 words
      • Article, Illustration
        Lock icon Ferguson assets fail to fetch expected £11m
        547 19 FT THE SALE of assets of James Ferguson Holdings, the group into which Peter Clowes injected his fund management companies in order to obtain a stock market listing, has failed to realise the £11 million which had been expected This means that only
        FT  -  547 words
      • Article
        Lock icon Newmont to sell subsidiary's assets
        194 19 NYT THE NEWMONT Mining Corp, one of the largest gold mining companies in the US. has agreed to sell the foreign assets of its Newmont Oil Co subsidiary to the Dutch subsidiary of Clyde Petroleum PLC. a British Oil Exploration company, for US$234 million. Under
        NYT  -  194 words
      • Article
        Lock icon Ford still undecided about plant
        94 19 Reuter THE FORD MOTOR CO has still not decided where to build its new engine facility, which press reports said could mean an investment of £500 million. A spokesman for the Ford UK subsidiary said a report in the Financial Times newspaper saying the company
        Reuter  -  94 words
    • Article
      Modified engine could save NOL millions
      537 20  -  NTI lecturers design device using water, fuel mixture By JEFFREY TSANG NEPTUNE ORIENT Line (NOL) could save a lot of money from a modified engine that runs on water. Well, not entirely on water, but good enough to save NOL millions of dollars every
      537 words
    • Article, Illustration
      Lock icon PM visits China's boom town today
      479 20  -  By FOO CHOY PENG PRIME MINISTER Lee Kuan Yew wraps up his nine-day visit to China today with a trip to Shenzhen, widely regarded as the country's boom town. Often cited as a testimony of the country's success in economic modernisation, Shenzhen has attracted
      Picture by MICHAEL LIEW  -  479 words
    • Article
      Lock icon Seoul seeks accord on investment protection
      277 20 AP SOUTH KOREA is seeking an agreement with China to protect South Korean investments there South Korean Foreign Minister Choi Kwang-soo said in Seoul yesterday that his government has emphasised to China the need for such an arrangement to encourage South Korean investments. He
      AP  -  277 words
    • Article
      New tax proposal submitted to KL ministry
      131 20 A PROPOSAL for a new tax reform package has been submitted to the Malaysian Ministry of Finance by the Malaysian Institute of Economic Research Tax Reform Group. The proposed package covers every aspect of direct taxes corporate tax, personal income tax, and tax
      131 words
    • Article, Illustration
      Lock icon Takeover bombshell shocks the gold mining world
      662 20 Bitter battle for Cons Gold Reuter LUXEMBOURG-BASED Minerals and Resources Corp Ltd (Minorco) a firm part-owned by the South African-based An-glo-American and De Beers groups has launched a huge takeover bid for British-based mining giant Consolidated Goldfields. the West's number two gold producer.
      Reuter  -  662 words
    • Article
      Lock icon Comex gold and silver
      77 20 Reuter COMEX GOLD FUTURES gave back gains in extremely slow early trading yesterday amid disappointment over the absence of follow-through buying from overnight markets At midday, the December contract was off US$5 80 at U*****.60 an ounce, having slipped from a high of US$4l7 00. Silver
      Reuter  -  77 words
    • Article
      Lock icon Mahathir envisages M'sia being an NIC by 2000
      202 20 Bernama MBT DATUK SERI Dr Mahathir Mohamad expects Malaysia to be a newly industrialising country by 2000. when its industrial production will account for 80 per cent of the gross domestic product, with a corresponding decrease in its dependence on commodities The
      Bernama; MBT  -  202 words
    • Article
      Lock icon Gen Saw Muang named premier of Burma
      250 20 Agencies GENERAL Saw Muang. a hardline career officer who led a military coup last weekend, was yesterday named Burma s fourth government leader in the past two months of chaos and bloodshed Saw Muang. who already holds the defence and foreign ministry portfolios.
      Agencies  -  250 words
    • Article
      Lock icon China's press acknowledges crisis over economic reforms
      480 20 AFP AP CHINA s official media has acknowledged. for the first time, that there is a "crisis" over economic reforms and has blamed the announcement of an ambitious price and wage reform plan for a run on stores last month "It is undeniable
      AFP; AP  -  480 words
    • LATE FILE
      • Article
        Lock icon 'Policy could be shortsighted*
        71 20 'Policy could be shortsighted AFP AN IMMIGRATION policy that called for fewer Asians could economically isolate Australia from other nations in the Pacific Basin, Primary Industries and Energy Minister John Kerin said yesterday. Australia s biggest market was Japan, while significant markets were developing in South Korea. China and Southeast
        AFP  -  71 words
      • Article
        Lock icon Britain's GDP grows by 0.5 pc
        76 20 AFP BRITAIN s gross domestic product grew by 0.5 per cent in the second quarter this year compared to the first quarter, showing a year-on-year increase of four per cent over the second quarter last year, according to official figures released yesterday. The figures
        AFP  -  76 words
      • Article
        Lock icon Crown Prince for Regent
        36 20 AFP THE JAPANESE Imperial Palace yesterday asked the government to make Crown Prince Akihito Regent for his father Emperor Hirohito, who was in stable condition after a sudden deterioration in health AFP
        AFP  -  36 words
      • Article
        Lock icon Newsmen barred from Armenia
        50 20 AP THE SOVIET government yesterday barred foreign journalists from Armenia, where tensions were reported rising following renewed ethnic unrest and violence in the troubled southern republic. A Foreign Ministry spokesman refused to say whether the resurgence of ethnic unrest was behind the government s action. AP
        AP  -  50 words
      • Article
        Lock icon Hanoi supports Soviet peace plan
        40 20 AFP VIETNAMESE President Vo Chi Cong expressed "total support for the latest Asian peace initiatives unveiled by Soviet leader Mikhail Gorbachev. Mr Gorbachev congratulated President Vo on progress made towards achieving peace in Cambodia AFP
        AFP  -  40 words
      • Article
        Lock icon NZ pressured to join programme
        44 20 AFP AUSTRALIAN Foreign Minister Gareth Evans pressured New Zealand yesterday to sign up for a warship-build-ing programme that will cost it NZ$2 billion. New Zealand had to pull its weight in its defence relationship with Australia, he said. AFP
        AFP  -  44 words
      • Article
        Lock icon 'Historic' pact with Maoris
        56 20 AFP THE NEW ZEALAND government yesterday said that it had reached an historic agreement with the native Maori people to return half of the country s offshore fishing resources to Maori control over 20 years. The government will return 2.5 per cent of the fishing quota
        AFP  -  56 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      54 15 r EXECUTIVE CENTRE ORCHARD ROAD Fully Serviced Offices Secretarial S€ vices Fax Telephone Telex Datalink Photocopying Boardroom PRESTIGE OFFICE COMPLEX Outside CBD area Minutes walk to major hotels MRT Fully furnished offices available lone term/monthly or as required by negotiation. PERMANENT OFFICE FROM SSISOO PER MONTH ENQUIRIES: TEL: *****271 FAX:
      54 words
  • Page 15 Miscellaneous
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      453 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ABLTRA TRADING PTE. LTD. (In Voluntary Liquidation) At an Extraordinary General Meeting of the members Of ABLTRA TRADING PTE. LTD. duly convened and held at 6001, Beach Road. #14-01, Golden Mile Tower, Singapore 0719 on the 16 day of September 1988.
      453 words
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      Page 18 Advertisements Column 2
      414 18 THE COMPANIES ACT, CAP. 50 SIN GUAN CREDIT PTE LTD (In Liquidation) At a general meeting of SIN GUAN CREDIT PTE LTD duly convened and held on the 19th day of September, 1988, the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to
      414 words
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      Page 18 Advertisements Column 3
      12 18 Nominate Singapore's Businessman of the Year now. Call Adeline Yong on 344-8955.
      12 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      186 20 The art of fine living. Beautifully furnished dining rooms, separate fully et|uip|>ed kitchens, elegant one or two bedroom suites right in the heart of< »r« hard Road. At The Ascott, we take pride in giving our c lients their own home. A spacious, private living environment that offers the ultimate
      186 words
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      Page 20 Advertisements Column 2
      0 20 ~%<*`+-@\],/,>$)%/+}'@'$=-[^@\<
      0 words
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      Page 20 Advertisements Column 3
      63 20 Ken-Air Rent a Car scores another Ist with the new and exciting Toyota Corona 1.6 CD Business Class... the Ist and only rental car in Singapore equipped with compact disc player. Now available for your driving pleasure, on daily and weekly rentals. For reservations, please call *****82 or *L ONLY
      63 words
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  • SHIPPING TIMES
    • Article, Illustration
      Better integration to improve safety
      401 21  -  World Maritime Day By JUNE LIM THE INTERNATIONAL Maritime Organisation has adopted "Shipboard management for maritime safety and pollution prevention" as its theme for this year's World Maritime Day The IMO believes that more emphasis should be placed on shipboard management to arrest the number
      401 words
    • Article
      Lock icon Japanese yards receive fewer foreign orders
      168 21 Reuter JAPANESE shipyards received foreign orders for 10 ships totalling 370.450 gross registered tons (grt) in August, down from 13 ships of 571,580 grt in July, a Japan Ship Exporters' Association official said. August's orders were up from three vessels of 113,920 grt a
      Reuter  -  168 words
    • Article
      Lock icon Mitsubishi diversifies into development of swimming pool
      169 21 UPI IN A CONTINUING effort to diversify its products to overcome a slump in the shipbuilding business. Mitsubishi Heavy Industries Ltd has announced the development of a mul-ti-purpose swimming pool whose water depth can be altered to meet various requirements. The company, a
      UPI  -  169 words
    • POT SIDES
      • Article
        Lock icon Maltese tanker loses propeller
        62 21 Reuter THE 39.999 dwt Maltese tanker Protank Trader has lost a propeller and its engine-room is flooded 48km north of Sumatra. Lloyd s Shipping Intelligence said The salvage tug Salvista and tug Sumarco are proceeding to the vessel, which may be towed back to Singapore. Lloyd's
        Reuter  -  62 words
      • Article
        Lock icon Agents seize largest drug haul
        89 21 Reuter NARCOTICS agents have made the largest-ever heroin seizure in Hongkong, finding 95kg in a sampan in Aberdeen harbour and arresting two men after a tip-off. police said They said Tuesday s haul, with a street value in the United States of US$l5O million, had
        Reuter  -  89 words
      • Article
        LA, Keelung sign port deal
        66 21 A SISTER-PORT agreement has been signed between the Port of Los Angeles and the Keelung Port. The agreement promises an exchange of trade, technology and culture, signifying the sisterport relationship between the ports that was originally signed two months ago in Taiwan by a Los
        66 words
      • Article
        Lock icon Aussie TV crew rescued
        97 21 AP A SOUTH KOREAN patrol boat rescued the passengers and crew of an Australian television helicopter that crashed while covering a yacht race at the Olympic regatta course. We were in the water for about 20 minutes." said Michael McDermott. a cameraman for Network 10 McDermott
        AP  -  97 words
    • Article
      Lock icon Danish register lifts off to a good start
      308 22 Seatrade Week THE NEW Danish International Register appears to have lifted off to a successful start. By the end of August, just one week after its launch. 110 ships of 3 3 million dwt, representing 82 per cent of the Danish fleet,
      Seatrade Week  -  308 words
    • Article
      Australian Ships Act amended for major trading vessels
      171 22  -  By KINGSLEY WOOD THE AUSTRALIAN Ships (Capital Grants) Act has been amended to make it clear that its purpose is to make grants for major trading ships and not large ferries Senator Robert Ray. assisting transport, said the government had become aware
      171 words
    • Article
      INDEX TO ADVERTISERS
      808 22 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Adrich Shpg VII 1 Alltrans VII 3 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 ARC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Asian Ocean VI
      808 words
    • Article
      Lock icon Morocco ports ship more than 35m tonnes of cargoes
      168 22 Reuter MOROCCO s ports saw record levels of activity in 1987. shipping more than 35 2 million tonnes of goods a 68 per cent rise on the previous year, the Moroccan news agency MAP reported Citing the annual port authorities report,
      Reuter  -  168 words
    • Article
      Lock icon 29 seamen freed after hijackers steal ship
      140 22 AFP TWENTY-NINE crewmen have been freed off the Philippine island of Palawan after their Greek-registerd ship was hijacked by armed men in Manila, Philippine Coast Guard officials said. The officials refused to give more details of the hijacking but a television report said
      AFP  -  140 words
    • Article
      Lock icon Norwegian firm to focus resources on shipping
      426 23 Fairplay ANOTHER major transport group has announced rationalisation plans which will enable it to concentrate on core shipping activities The Norwegian company, Kosmos A/S, which is the 100 per cent owner of the Anders Jahre A/S fleet, is selling its land transportation, hotel,
      Fairplay  -  426 words
    • Article
      Lock icon Piper Alpha accommodation module will be lifted at the end of the week
      292 23 Reuter THE MAIN accommodation module of the Piper Alpha platform, destroyed in an explosion on July 6 with the loss of 167 men, is to be lifted towards the end of this week subject to weather conditions,
      Reuter  -  292 words
    • Article
      PORT CONDITIONS
      303 23 ALL SURVEYS were conducted on Sep 7. Argentina Buenos Aires Normal operation Bahia Blanca Nine vessels operating. Australia All ports Normal operation. Bangladesh Chittagong 18 vessels operating; 31 vessels due by Sep 12. No berthing delays. Brazil Salvador Waiting time of up to three days Santos Normal operation.
      303 words
    • Article
      Lock icon Aussie truck drivers continue rate campaign with strike
      198 23 Reuter SYDNEY truck drivers have go on strike for 24 hours on Tu«sday as part of a continuing campaign for a rise in ro«d haulage rates for owner-driv-ers, a Transport Workers Union (TWU) official said. The strike was called after a breakdown
      Reuter  -  198 words
    • Article
      LONDON FREIGHTS
      1315 28 FAIRLY active grain chartering on Tuesday was reported out of the US Gulf but some details were difficult to confirm, shipbrokers said The Channel Fortune was said to have been fixed for 52,000 long tons from the Gulf to Japan at about USS2I basis no combination discharge ports
      1,315 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5555 28 AARHUS Ever Galant Evergreen Sep 22 Ocean Prima Diasagetn Sep 22'24 Anders Maersk Mae s* Line Sep 23 Ming Peace Yang Ming Sep 25 Kaga Tnot Sep 26 Largs Bay Tnot Sep ?6<PK) Nihon ScanOutcht Sep 26 Luo Me China Ocean Sep
      5,555 words
    • Article
      SHIPS IN PORT
      1565 28 AT CONVENTIONAL WHARVES Vessel Berth Arrival Departure KEPPEL WHARVES Berl.r Hdd It28 olongside 2309 1500 Fio'osonios *29 *olongs>de 22 09 1200 Gongcheng *31 oiongs.de 24 09 0600 Ha'eg KI9 alongside 2309 1200 l.n Petol.ng 3 «C20 olongs.de 22 09 0600 Myion Wa.e *32 oiongs.de 2209 2300 So«d
      1,565 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      681 21 TIMES STP Distributors Pubiishtng Group WW jAroine shipping agencies 200 Cantonment Raid #'2 05 Soutnpoint Singapore 0208 Tel *****11 TeteißS ***** Facsimne *****09 TERMINAUCFS Tel *****11 *****19 *****20 FOR CUSTOMER SERVICE INQUIRIES ANO BOOKINGS Tel *****305 PESAKA JAR DINE SHIPPING I SENCIES SON IHO PORT KELANG Tei *****18 lele< MA
      681 words
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      Page 21 Advertisements Column 2
      53 21 THE NEW Danish International Register appears to have lifted off to a successful start. Page II ANOTHER major transport group has announced rationalisation plans which will enable it to concentrate on core shipping activities. Page 111 Index to advertisers II Ships in port VIII Port conditions 111 Container schedules VIII
      53 words
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      Page 21 Advertisements Column 3
      769 21 INTERMARINE SUPPLY CO (PTE) LTD T*' *****33 (6 Mn*t) Tl. IMCCO H*****8 *****7 7 MAERSK LINE THE WORLD AT YOUR FINGERTIPS CALL MAERSK LINE TODAY! This A"Oe'S M Casing Time CY 23/9 030 C MRS CFS 22*9 1 700 MRS ANDERS M AXEL M LUNA M M PARIS ARTHUR M
      769 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      695 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT KAGA LARGS BAY HONG KONG EXPRESS CITY Of EDINBURGH CARDIGAN BAY AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT CALLING AT #KoB£ 10/10, #TYO 13/10 CONV/SEMI-CONTAINER SERVICE TO MED EUROPE VOY NO S PORE P SAID BREMERMALTA CASABLANCA LEIXOES BILBAO AMSTERDAM HAMBURG HAVEN Agents:
      695 words
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      Page 22 Advertisements Column 2
      18 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National V: Shipping Association
      18 words
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      Page 22 Advertisements Column 3
      596 22 APPOINTMENT WW/ JARDINE SHIPBROKERS PTE LTD has a vacancy for an EXPERIENCED, QUALIFIED SHIPBROKER to concentrate on dry cargo chartering. The successful candidate will be working in a young and dynamic organisation with the backing of a major regional and international shipbroking and agency network. He or she should have
      596 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1465 23 The Straits Steamship Group Mansfield Container Shipping Re Ltd P&O Containers (Container service to uk/continenT:^) Also Accepting Cargo For: Hamburg to Coeenfugen Aarhtn Gotlwnburg Mjlnio Stockholm Hclsink > Sonttcrfiurg Rotterdam to Antwerp. Amsterdam. Oslo. Bisle. Zurich Brtmwiiu.tti to Brawn Southampton to all UK destinations Beltist and Dublin (CONTAINERSHIP SERVICE FROM
      1,465 words
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      Page 23 Advertisements Column 2
      786 23 -Wit I It is perhaps a virtue to preserve the good things of yesterday, as long as one is aware of the alternatives of tomorrow. This is what we want to drum into you. Please turn to back page of Shipping Times EUROPE W WF 823 105 10 #F $25
      786 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      484 24 MARITIME PTE LTD IRAN EKRAM IRAN EHSAN ISLAMIC REPUBLIC OF IRAN SHIPPING LINKS IRANIAN SERVICE Singapore Loading for In Port BANDAR ABBAS In Port BANDAR ABBAS IfcYOVk A KYOWA LINE FULL CONTAINER SERVICE TO S. PACIFIC VIA HK AND/OR YOKOHAMA (JPN ALSO ACCEPTING LCL CARGO SUBJECT TO INDUCEMENTS MOTHER VSL
      484 words
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      Page 24 Advertisements Column 2
      814 24 ]l£S. LINE FULLY CONTAI NE RI S E_D SERVICE TO EUROPE VIA SUEZ 'Tl Member ol the Ac e Consortium IUtIY COMAINfRiStD -10 FROM NOR T H AMFRICA NFS! COASi OAK SEA nio 11/10 30/10 25/10 illl 1/11 20/11 till •FDR/MOTHER VESSEL SSB 67E/HANJIN KUNSAN 3SE SSB 67E/ELBE MARU 3E
      814 words
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      Page 24 Advertisements Column 3
      218 24 VA FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY KARACHI: ETA 26 9. 13/10 AFGHANISTAN NEW SERVICE KABUL/HAIRATAN/TORGHUNDI 8/104 21/10 AUSTRALIA/ NEW ZEALAND 1/10 ft 15/9 SYDNEY, MELBOURNE 27/9 ft 7/10 FREMANTLE 26/9 7/10 Also accepting to Darwin AUCKLAND. WELLINGTON. LYTTLETON. DUNEDIN ft NAPIER 1/10 ft 15/ EUROPE HAMBURG.
      218 words
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      Page 24 Advertisements Column 4
      1032 24 ©EVERGREEN Full Container Service East Bound FE/CARIB/USEC/ EURO/FE) EVER GRAND rw ST -f PUS 0S Tro CHS m! a*£o°uß 410 «10 i& I iSS s s ss 2s ss EE; I I" a 3 3 CATHE* 11/lj 22/11 a/11 25/11 27/11 2/12 s/12 ALSO ACCEPTING CARGO TO 1) PROVIOCNCE NEWARK
      1,032 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      848 25 PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL KOTA EAGLE MAJAPAHIT QOWA VOY SIN JKT SB* VOY 17SB 25/9 27/9 29/9 ISMB 2758 8/10 11/10 13/10 28NB 31SB 22/10 25/10 27/10 30NB ACCEPTING MURORAN HITACHI CARGO VIA HKG SIN HKG
      848 words
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      Page 25 Advertisements Column 2
      447 25 BEN LINE CONTAINERS express container service to uk/continent B HAVEN ROAM 1310 I*lo 1410 lft 10 II 10 nio mo 27 10 24 10 1110 3110 4.11 4/11 1/11 0/U 1411 14/11 20> ii mi 24/u a/ii EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAM B HAVEN DAM I City of Edinburgh
      447 words
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      Page 25 Advertisements Column 3
      564 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL'VOY S PORE ANTWERP H BURG/ RDAM/ADAM BREMEN PALEMBANG 10WB 29/9-2/10 4/11 9/11 KUTAI/15WB 30/9 2/10 26/10 30/10 S PANJANG 20WB 15-18/10 21/11 25/11 MATARAM/22W8
      564 words
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      Page 25 Advertisements Column 4
      412 25 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok BANK LINE SEMI-CONTAINER SFRVIfF HEAVY Lift CAPABILITY NORTHBOUND TO UKC TAUSALA SAMOA VI3N MORAYBANK V6N CLYDEBANK V24N SPORE ROAM HULL HMBG 4/10 31/10 4/11 ft/11 26/10 24/11 28/11 1/12 19/11 18/12
      412 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      669 26 'K'linb KAWASAKI KISEN KAISHA, LTD. ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE N. AMERICA-ATLANTIC COAST VOY *INDO 10 19/9 •PK/PNG SGP NFK NYC 77/10 79/10 3/11 5/11 10/11 17/11 ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FOFTUNE NEPTUNE JADE •PK/PNG *INDO FEEDER VESSEL ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE
      669 words
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      Page 26 Advertisements Column 2
      303 26 MUff L^J JARDINE SHIPPING AGENCIES (REG *****4/ OOK) 200 CANTONMENT ROAD #12 05 SOUTHPOINT. SINGAPORE 02 Tel: *****U TELEX NO: RS ***** TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 Vt3\ DOIUGIUAMA I—IE\IE S TORE P KELANC PENANC INCHON BUSAN MAI YINC VBOB 21 Sap 21 S*p J Oct
      303 words
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      Page 26 Advertisements Column 3
      721 26 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers KALIDAS ¥39 TULSIDAS V 38 KALIDAS V P Kelang Penang loading (w By Feeder By Feeder Oct 7 Oct FrenMMb Sydn Adel 1 Hon 1 Nov Frem Melb Sydn Adel 27 No» 27 Nov F rem Melb Sydn Adel INDIA EXPRESS CONTAINER SERVICE
      721 words
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      Page 26 Advertisements Column 4
      604 26 STRAITS/PERSIAN GULF SERVICE GOLDEN HARVEST Colombo Karachi Dubai GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. Telot Ayer Strwt SINGAPORE 0104 TEL U4J9H (10 LINES) Fa> *****04 JLF SERVICE: Spo-e PKelang Penang Damman GOLDEN WONDER ColomOo Karachi Dubai 2*29 Oct CHINA SERVICE BAI TUN SHAN Shanghai MynHang W2l Stot JIN
      604 words
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      Page 26 Advertisements Column 5
      355 26 PHILI ORICNT LINGS PTC LTD HEAD OFFICE 63 ROBINSON BOAO »07 12 AFRO-ASIA BUILDING SINGAPORE 0106 TELE* RS ***** PHILI FA* *****76 MIDDLE EAST/FAR EAST FCI ft LCI SBIVICf ETA SINGAPORE DESTINATION 24/9 2/10 5/10. 21/10 DUBAI DAMMAN KUWAIT BOMBAY DOHA. MUSCAT BAHRAIN. ABU DHABI i SHARJAH JEDDAH (LCL) H
      355 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      895 27 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTD FE EO AUST TPA/SEA General Enquiries: Tel: *****77 Terminal CFS BOOKINGS *****53 27*5742 *****22 *****53 *****15 *****16 NEPLINE SON BHD M9H7 J™" i!" 1 NEPLINE SON BHD K***** NEPLINE SDN BHD S2oQ3s;«7Mo«7tti M7«2 NEPLINE SDN BHD *****0/*****1 TO EUROPE/UK (VIA SUEZ): C
      895 words
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      Page 27 Advertisements Column 2
      573 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, KEELUNG. BUSAN, INCHON STRAITS/KOREA SERVICE WEF JUNE 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE SERVICE!' Vewel j Name ETD BS S PORE PKELANG KEE BUSAN MOJI 'DRAGNET 801N IN PORT 22/1 2» «/10 01/10 NO J
      573 words
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      Page 27 Advertisements Column 3
      962 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 Tele* Numbers RS ***** RS ***** RS ***** rtNANG p KfiANf wssins sa-j-. ssvss K'a" SM ,ho Wffi rna Tel 332*71 *****1 Tb MA *****
      962 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      219 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEI 225 6868 (30 Linesi fAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD r DSR-LIMES VEB DEUTFRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT RUEBELAND 7/88 In
      219 words
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      Page 28 Advertisements Column 2
      91 28 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL SHOFUKU OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. HERMES ACE VIJ ETA SIN 36/9/88 I KAOSHIUNG 4 DAYS SPORE > KEELUNG -> TOKYO SHIMIZU -> NAGOYA KOBE 5 DAYS SHOFUKU AGENCIES (S) PTE LTD TEL: *****68 W MALAYSIA AGENT TRANS-ASIA
      91 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      181 28 Regional Weather S 1 r. Va IB 3* IS ft K i K m a LU m SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Sep 22. 1988 V* 1 Wm<J direction w»it* speed m knots Wove height LCGCND R Thunderstorm Temperature c y Shower Weather w«id ckrecton -ith speed
      181 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      404 29 FARGO SHIPPING Tel:S34 0122 REGULAR EXPfIESS FCL LCL SERVICE ABC CONTAINERIZE N.V. I TO AUSTRALIA/NEW ZEALAND 2Q C V*fo«M 212 TNT Eiprmi 214 Alto accepting cargo to AUSTRALIA —Adelaide. Brisbane NEW ZEALAND —Wellington. Napier. Christchurch Also acceding cargo to USA Houston. Savannah. Tampa. Jacksonville. Wilmington (Del) Norfolk. Baltimore. New York.
      404 words
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      Page 29 Advertisements Column 2
      328 29 LWpICSP SHIPPING AGENCIES PTE. LTD. uul iTel: *****66 (16 Linet) Fax: *****61 ITI* ***** CSPFRT I>l J kWil iLtiWtß <il LCL FIXED C MARSEILLES/GENOA KEELUNG/MANILA HM S pore to USA (ALL PORTS) S'pore to Auckland S'pore to Antwerp S'pore to Copenhagen S'pore to Fremantle S'pore to Inchon/Busan S'pore to Chittagong
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      1097 29 < CFS > CRYSTAL FREIGHT SERVICES BEST RATES EVER LOS ANGELES ETO SIM: 29/9/88 WEEKLY CONSOL SERVICES FAR EAST BUSAN 29/9/88 BANGKOK 25/9/88 HONG KONG 28/9/88 KEE/KAOH 25/9/88 COLOMBO 29/9/88 AUSTRALIA MELBOURNE/SYDNEY 9/10/88 CALL BOOKING HOTLINE FOR BEST RATES 2233 9 2 2 TEL: *****88 TELEX *3391 CFStN FAX: *****88
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      256 29 0 Tatsumi Marine DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports subject to inducement (also accepting transhipment cargo OROBA Y, MADANG. KIETA, WEWAK KIMBE. RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Td: *****77, *****34, *****71 OTTICL TH MM INC SERVICES FTL LTD. <TPO«E) TEL
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      223 29 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 FBI IRAQI LINE *0 S'i'f »0« ITIH( TRANSPORT MV ALRAZI MV SINDBAD SILVER EACLE EAST BOUND SERVICE ETA S PORE LOADING FOR 2V Japan Japan WEST BOUND SERVICE 10/10 Jeddah, Aqaba. Baghdad THROUGH B/Li to BAGHDAD UPON
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      409 30 ff/ Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX HS ***** RS ***** i'' 1 t I \s I I R\ c \R I INI R. 1 II) STRAITS/ JAPAN/ STRAITS SERVICE PECIALIST IN RO-R0 HEAVY LIFT! Senboku 27/10 26/10 Tokyo 'For Discharging Only NOTE: ALSO CALLING
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      295 30 Integrated Tank Container Service for EDIBLE OILS CHEMICALS lW V Intercontinental Intra Asia and Domestic transports of liquids (Bitumen included) and gases on a door to door Tankcontainer for basis Offshore Leasing and sales All types and capacities available e LIQUID AND GAS TRANSPORT (ASIA) PTE LTD SINGAPORE member of
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      Page 30 Advertisements Column 3
      271 30 IPa P.T. MASKAPAI PELAYARAN PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****54/*****73 SMGAPORE INDONESIA SERVICE VSL MANDIRI PUL ADIL
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      715 30 CALL US AT: P KELANG r 1 PENANG < sc > s I SINGAPORE UUUU V V K.LUMPUR *****53/*****11 04-*****2/4. *****3 07-*****8 i'S 5 3 5 sim *****1 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE IBT'VI TO EUROPE FEEDER PENANG P KELANG B BUTANC 411 22 0) |24 09 01 10
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      74 30 TOKO LINE Loading For Port Klang/Penang S PO»t PKLAWC PtNANC J. »AHRU NOSEI NARU V-2 CRYSTAL *OSt V I QUEENLY V-t TOZAN V C GOLDEN FALCON V 10 SDN ISLAND V-7 NO 4 BINEKA V-4 ■ARIA PILAR V I GREEN PINE V I TUE NOPE V 10 SITI MEIKA V
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