The Business Times, 5 May 1989

Microfilm: NL16541
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, MAY 5, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    248 1 Dow down WALL STREET STOCKS fell in early trading yesterday after a sharp drop in bonds in after-hour trading on Wednesday. US bonds fell after the Treasury surprised traders with news that it would provide financing directly to the thrift rescue agency. The Dow was off four
    248 words
  • Article, Illustration
    Hectic trading in regional stock markets
    229 1 REGIONAL stock markets continued to experience hectic trading yesterday despite the closure of the Tokyo market for the Golden Week holidays. In Singapore, prices closed mixed on selective profit-taking in brisk trading. The Straits Times Industrials Index shed a marginal 1.33 points to close
    229 words
  • Article
    US dollar closes weaker in Asia
    99 1 THE US DOLLAR closed weaker yesterday against major currencies in Asian foreign exchange markets. In Singapore, it closed at 133.65 Japanese yen and 1.8870 German marks against the New York finish of 134.25 yen and 1 8925 marks. Against the Singapore dollar, the greenback
    99 words
  • Article
    Asean urged to launch strategy of 'comprehensive engagement'
    587 1  -  By ASAD LATIF Foreign Editor MALAYSIAN Foreign Minister Dato Haji Abu Hassan bin Haji Omar yesterday called for Asean nations to launch a strategy of "comprehensive engagement" which, he added, had a "politi-cal-military side". Speaking on Asean Security at the Turn of
    587 words
  • Article
    Balmoral Road land for condo sold at $224 psf
    429 1  -  By ROSIE TAN A NEW BENCHMARK for the price of land for condominiums may have been set with the recent sale of a development plot in Balmoral Road. Chi Liung Holdings Sdn Bhd, a family-owned Malaysian company with substantial property interests
    429 words
  • Article, Illustration
    Takeshita assures PM that Japan will make every effort to avert trade war
    498 1  -  By MARTIN SOONG JAPANESE Prime Minister Noboru Takeshita yesterday assured Prime Minister Lee Kuan Yew that Japan would make every effort to mend its trade rift with the United States and avert a trade war a situation
    498 words
  • Article
    New development charge system to be adopted soon
    571 1  -  WELCOME BOOST FOR CONSTRUCTION INDUSTRY By LILIAN ANG DEVELOPERS will soon be freed from the uncertainty of being slapped with a development charge beyond their estimates. The National Development Ministry will adopt in two months' time a new system which will allow
    571 words
  • Article
    Lock icon Inflation too high: Hawke
    116 1 Reuter AUSTRALIAN Prime Minister Bob Hawke said in Canberra yesterday that he is keeping the economy on a tight rein because inflation is still excessive, in spite of sky-high interest rates aimed at curbing consumer spending. His remarks followed the release of figures indicating an annual
    Reuter  -  116 words
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      128 1 _<})&=+$";{'/+&{&^[;=,\`?%_|/@@ Ij>bster Salad Cold Cuts Dragon City Sichuan Restaurant Dragon City Sichuan Restaurant is famous for its exquisite Sichuan Cuisine. Savour some of the marvellous delights from our menu comprising of over 188 Sichuan and Seafood dishes. All these are masterfully prepared by experienced chefs in keeping with our tradition
      128 words
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      Page 1 Advertisements Column 2
      220 1 Full report, PAGE 16 Regional mkts, PAGE 18 World mkts, PAGE 19 Editorial Comment: 10 Pax Americana. Pax Japonica Sri Lanka Opportunities, opportunities Japan Fears over future of free trade Diethelm Plans for expansion Property 3 Proposals for Thai embassy site Car industry EC tackling Japanese threat Trade barriers .5
      220 words
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      3 1 See BACK PAGE
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      306 1 Quadruple Zoom+Auto Two-Color. MWOUA cMagical drops of liquid i WHAT IS a smell by any other name? Plenty says one hope-full EL romantic. But "anyone who imagines that a scent can make up for lack of that time-honoured quality animal magnetism knows nothing about animals, magnets, perfumes or very much
      306 words
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  • HOME NEWS
    • Article, Illustration
      Diethelm plans to expand and diversify
      550 2  -  Swiss company expects to double profit By GENEVIEVE CUA SWISS COMPANY Diethelm Industries, long associated with up-market office furniture, has embarked on an ambitious fiveyear plan to expand its core trading business and eventually diversify into new areas. Oiethelm managing director Ralf Seifert is
      550 words
    • Article
      Local Diethelm chairs for export
      308 2 DIETHELM is forging ahead with the export of Singapore-designed chairs to the world, although its Swiss-designed office chairs are already a household name in many ways. Diethelm division manager (regional) Ng Wei Min said two lines of chairs, "Tropic" and "Nuclea", are currently being developed.
      308 words
    • Article
      IT can help construction industry be more competitive
      212 2 THE CONSTRUCTION industry can be made more competitive worldwide with the help of Information Technology (IT), says the Institute of Engineers Singapore (lES). Towards this end, the institute is organising the first lES Information Technology Conference to held on May 25-27 at
      212 words
    • Article
      Seven selected to hear views on Companies (Amendment) Bill
      493 2  -  By ANNA TEO SEVEN MEMBERS have been named to sit on the Select Committee to hear views on the Companies (Amendment) Bill. Picked by the Committee of Selection, they include Finance Minister Or Richard Hu and the Minister of State for
      493 words
    • Article
      Morgan Grenfell in joint Thai banking venture
      179 2 MORGAN GRENFELL Asia has reached in-principle agreement to form a jointventure merchant bank in Thailand with GF Holdings. A Morgan Grenfell Asia statement yesterday said the new unit would focus initially on primary and debt equity issues, corporate advisory activities including project and
      179 words
    • Article
      MEMO-PAD
      726 2 Seminars and courses Moy 6-27 May 1112 Moy 1112 Moy 1112 Moy 12-13 Moy 23 Moy 22-26 May 22-26 Soper-SeHIng Your Way to Success Managing Your Job Successful Public Relations Managing the Sales Team Know More About Japanese and Japanese Businesses Secrets of Successful Selling The Allen Manogers' Seminar
      726 words
    • Article, Illustration
      Singapore is the safest property market in Asean: JLW
      519 3  -  By WALTON MORAIS SINGAPORE is the safest property market in the region, Kuala Lumpur the best long shot while Bangkok is the most promising, says international property consultants Jones Lang Wootton in an analysis of global hot spots. In its latest
      519 words
    • Article
      $3m upgrading for Telebox system
      216 3 SINGAPORE TELECOM has invested $3 million to upgrade its Telebox communication system, allowing businesses in Singapore speedier and more efficient in-house transfer of electronic mail. Telebox is essentially an electronic mail system like the telex but it operates between computers. A message is typed out
      216 words
    • Article
      Preparing for on-line disaster
      51 3 SURVIVING a computer crash is the theme of a two-day seminar which begins next Thursday at the Westin Stamford and Plaza. Disaster Recovery and Contingency Planning will bring together bankers, auditors, electronic data processing managers, computer and telecommunications equipment vendors. It is organised by Systems Technology
      51 words
    • Article
      Corrections and clarifications
      148 3 IN THE ARTICLE entitled 'Fair organiser fails to get injunction against rival', which appeared in Business Times of Dec 7, 1988, it was reported that Technofairs Corporation had failed to obtain an injunction against International Trade promotions (ITP) Services after ITP gave an undertaking not to use
      148 words
    • Article
      11 Indians charged with over-staying
      141 3 ELEVEN Indian nationals were yesterday charged in a subordinate court with over-staying in Singapore for more than three months. They were among the 21 arrested in island-wide raids two days ago, according to the Singapore Broadcasting Corporation. Aged between 23 and 41 years old, they
      141 words
    • Article, Illustration
      Thai embassy receives 10 proposals for site
      595 3  -  May 31 deadline for further proposals By ELAINE KOH SEVERAL BIG property groups among them Pontiac Land. Hotel Properties and the Overseas Union Bank group have submitted proposals to redevelop the choice Thai Embassy land along Orchard Road. Altogether, the Thai Embassy has
      595 words
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      Page 2 Advertisements Column 1
      181 2 Haute Cuisine, the fine art of dining awaits you from France at The Belvedere this month. Enter into the spirit of fine dining by devoting Bonne Chance... a French Affaire at The Belvedere. one, two or even all your afternoons to the delights of French cuisine. Go all the way.
      181 words
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  • Page 3 Advertisements
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      8 3 advertisement -mnfem M&S mrme x'&ef, AT isast ON
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      Page 3 Advertisements Column 2
      247 3 1 HONG LEONG FINANCE I SINGAPORE FINANCE Take home a fabulously exclusive free gift when you onen or renew a Fixed Der**dt with Hnno I mno Rnanr* 1 open or renew a Fixed Deposit with Hong Leong Finance or Singapore Finance. And, if you deposit $50,000 or more, we'll arrange
      247 words
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  • ASIA – PACIFIC
    • Article
      Lock icon EC to decide on countering threat of Japan's car makers
      489 4 NYT THE EUROPEAN COMMUNITY'S Executive Commission is expected to issue recommendations this month covering one of the most irksome issues ever faced by the Brussels bureaucracy: What to do about the mounting threat of Japan's car makers. The answer, to
      NYT  -  489 words
    • Article, Illustration
      Lock icon Chinese students take to streets again
      460 4 Reuter SURGING IN TRIUMPH through police lines, tens of thousands of Chinese students defied warnings and marched peacefully in waves into the heart of Beijing in an illegal demonstration for democratic rights yesterday. For the second time in eight days, the Chinese capital was
      Reuter  -  460 words
    • Article
      Lock icon Labour unrest costs US$4b in lost output for South Korea
      236 4 AP LABOUR UNREST has cost almost US$4 billion in lost production, more than three times that of a year ago, the South Korean government said yesterday. A government report also said that wage increases in the manufacturing industries might top
      AP  -  236 words
    • Article
      Lock icon NZ minister raps American officials for snubbing Lange
      308 4 AFP NEW ZEALAND Foreign Minister Russell Marshall has said the administration of US President George Bush is uncivilised in its behaviour towards politicians from other countries. Speaking in Parliament on Wednesday during a debate on the Anzus defence alliance, he said the
      AFP  -  308 words
    • Article
      Lock icon Japan, Soviet Union make no headway in Kuriles dispute
      197 4 Reuter JAPAN and the Soviet Union failed to make progress on Wednesday on a territorial dispute which has bedevilled their relations and prevented the signing of a peace treaty. "There is nothing new on the territorial issue from either side," a
      Reuter  -  197 words
    • Article
      Lock icon Asian nations lead in GDP growth
      275 4 Bernama THE STRONG GROWTH performance of developing countries as a group, in which real GDP grew by 4.5 per cent last year, was concentrated largely in Asian countries, says the International Monetary Fund (IMF). In its April 1989 world economic outlook released in Kuala
      Bernama  -  275 words
    • Article
      Lock icon Bases agreement extended: Enrile
      281 4 AP LONE OPPOSITION Sen Juan Ponce Enrile said yesterday Manila has already agreed with the United States to extend the stay of American military bases in the Philipines beyond 1991. Mr Enrile made the statement in an 60-minute radio interview. He dismissed President Corazon Aquino's reiterations
      AP  -  281 words
    • Article
      Lock icon Philippine union threatens national strike
      226 4 AFP THE PHILIPPINES's largest labour group, the Trade Union Congress of the Philippines (TUCP). threatened yesterday to hold a nationwide strike next month unless Congress agreed to a 30 peso (US$l.4O) wage increase. A rival left-wing labour group, the May First Movement (KMU), said the
      AFP  -  226 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      862 4 ARRIVALS Operator Service Local From number time CIA GA992 0035 CGK (Tech stop) SiA SQ011 0040 IAX/NRT UAL UA805 0055 SFO/HKG JAl JL615 0340 TYO MAS MH640 0820 MA SIA SQ403 0835 DHA MAS AAH651 0900 PEN MAS MH630 0920 KUl SiA SQI03 0950 Km CPA CX710
      862 words
    • Article
      Lock icon S Korean minister hits out at US trade pressure
      319 4 AP SOUTH KOREAN Deputy Prime Minister Soon Cho has said that continued yielding to US trade pressure could undermine stability at home. Accusing US negotiators of taking a one-sided approach to economic issues. Mr Cho also disputed US charges that South
      AP  -  319 words
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      112 4 bBS RSS SSSS 55 vv •r*c v*x. 5bS o-<-5 jKmerffiffT SBSSSHB ->■: ■>>:•-: Be •ess SSSS sssss 3sS$S <N One may liken the new Samsonite Focus Attache to a sports car. Its streamlined grip, smooth curves and sturdy magnesium frame make for superb handling. And eye-catching futuristic looks. Its scratch-resistant
      112 words
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      41 4 The business person's choice every Tuesday. Thursday Saturd* and Sunday. Leaving Changi Airport at 22:0$ hours and arriving at Lester B. Pearson International Airport the following das. Cjllyour Tra*tl Agent or Air Canada Jt *****55. A UREA TH OF FRESH AIR
      41 words
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  • REST OF THE WORLD
    • Article
      Lock icon 'Potential in Third World for US grain exports'
      466 5 AP SALES OF US GRAIN to the Soviet Union and Japan capture attention because of the countries and quantities involved, but the US government says the Third World offers strong export potential as well. Unlike the Soviet Union and Japan, however, the
      AP  -  466 words
    • Article
      Lock icon Fed board member calls for patience
      422 5 AP THE FEDERAL RESERVE'S tightfisted monetary policy can curb inflation and prolong economic growth, but only if business leaders exercise some patience, an official of the US central bank says. "It takes time for monetary policy to relieve pressure on prices," Federal Reserve board
      AP  -  422 words
    • Article
      Lock icon Senators press Hills to target Japan under new trade law
      320 5 AP AMERICAN SENATORS have called on the nation's top trade negotiator to resist pressure to omit Japan from a blueprint she will unveil later this month for opening key markets around the world to US exports. "We would be amazed
      AP  -  320 words
    • Article
      Lock icon Tentative Pacific fishing accord reached
      351 5 AP A TENTATIVE ACCORD on driftnet fishing in the northern Pacific was reached in Tokyo between the United States, Canada and Japan, US officials and the Japanese Embassy said on Wednesday. US fishermen claim fishing boats from Taiwan, South Korea and Japan have been using
      AP  -  351 words
    • Article
      Lock icon Soviet trade unions to be given right to strike later this year
      325 5 Reuter SOVIET trade unions, long closely controlled by communist authorities, will be given the right to strike under a draft law to be adopted in the next few months, union leader Stepan Shalayev said on Wednesday. The draft
      Reuter  -  325 words
    • Article
      Lock icon Soviet census shows slower Russian reproduction rate
      223 5 FT THE RUSSIAN HEARTLAND of the Soviet Union now boasts a bare majority of the population, with birth rates in the Central Asian republics far outstripping those in Russia and the Ukraine. At the same time, the Russian federation has been worst hit
      FT  -  223 words
    • Article
      Lock icon Trade barrier charges: EC hits back at US
      417 5 Commission names 42 American barriers AFP THE EUROPEAN COMMISSION, countering allegations that the European Community (EC) is impeding US exports, has named 42 areas where it said the United States had erected its own barriers to trade. "The Commission continues to be
      AFP  -  417 words
    • Article
      Lock icon Progress seen in EC's merger control plan
      210 5 AFP PLANS to give the European Commission sole authority over big cross-border mergers in the European Community (EC) took a step forward in Brussels on Wednesday when they suddenly won West German support, diplomats said. But the diplomats cautioned that the 16-year-old scheme,
      AFP  -  210 words
    • Article
      Lock icon Nato continues efforts to break deadlock
      367 5 AP CHANCELLOR Helmut Kohl has met the new US ambassador to West Germany and the Dutch Premier as Nato allies seek to resolve a dispute over short-range nuclear missiles. Officials declined to discuss details of the two meetings in Bonn on Wednesday. US ambassador
      AP  -  367 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      231 5 New York Property in Singapore! ,JE w I** ■xnmmm AT GREAT KECK PtAZA A timely purchase in the New York Market. An excellent opportunity for capital appreciation. KRAUS- A full service company looks after your purchase We rent, manage, maintain and resell on your behalf. Only 10% initial down payment
      231 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      312 5 1 '""A Max/ Note Mln (°C) 20/13 Fine 16/03 Clear 22/13 Cloudy 31/25 Cloudy "it/27 Sonny 31/20 Clear 27/17 Clear 23/18 Clear 11/05 Cloudy 20/11 Cloudy 26/21 Clear 20/07 Sunny 25/16 Cloudy 22/04 Clear 18/10 Cloudy 20/09 Clear 32/16 Clear 07/03 Cloudy 17/10 Cloudy 30/20 Cloudy 10/04 Rain 14/08 Cloudy
      312 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1189 6 SINGAPORE: ANOTHER day of prepositioning before today's release of US employment report for April, as the US dollar eased to close near the day's lows. Range was: D-mark 1.8926/1 8862, yen 134.32/133.50, GBP 1 6860/1 6818 and S$ 1 9535/1 9490 With speculation that G7 may well tolerate
      1,189 words
    • Article
      Lock icon Simex
      479 6 BA Futures JUNE Eurodollar futures yesterday opened 4 ticks lower than Wednesday's Simex close at 90.01 on news of a US$5O billion bailout by the Fed in the saving and loans industry by issuing zero coupon directly to recorp agency rather than buying them in the open market. Prices
      BA Futures  -  479 words
    • Article
      IMM
      228 6 IMM currency futures extended a week-long slide, posting modest losses on Wednesday as opinions on the dollar remained bullish due to consistently high US interest rates Traders largely ignored several more rounds of central bank intervention Prices had advanced at the opening on buying tied to speculation that central
      228 words
    • Article
      Comex gold/silver futures
      189 6 Gold futures on May 3 1989 100 troy ounces. USS per troy ounce Op«n Hlgfl Low s«m« MOT 376 80 379.00 376.80 378.40 ♦0.60 km 379 50 382.90 379.50 380 40 0.30 M 382.50 0 20 Aug 384 50 387 40 384 00 384.60 Oct 389.10 392.00
      189 words
    • Article
      Lock icon 'New Zealand dollar is now a dead horse'
      177 6 Reuter THE ONCE-VOLATILE New Zealand dollar is now stodgy and stable, squeezing turnover and trading room profits. Last year it was one of the 10 most heavily traded currencies. bouncing around in a trading range of 11 US cents This year it
      Reuter  -  177 words
    • Article, Illustration
      World interest rates
      195 6 Indicates the average of the prime lending rate* of 12 ma|or banks In S'pore Interbank market rates (offer/bid) on May 4 USS DM SWFC Y«n 7 doyi 9 7/4 3/4 12 S/4 12 1/2 4 3/4 4 1/4 7 1/4 4 7/4 4 S/14 3/14 1 mi
      195 words
    • Article
      Options
      1285 6 CURRENCY FUTURES OPTIONS Thursday, May 4, 1989 DEUTSCHE MARK (SIMEX) May It calla High Low 52 53 54 55 Son 29 1 CAS May 88 puts High Low Sea CAS 9 81 180 I r I I Sett Jun 88 puts High Low Sett 51 52 53 54 55
      1,285 words
  • Page 6 Advertisements
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      98 6 OVER 55 YEARS OF DISTINCTIVE TAILORING COLLAR Top-quality Irish linen for collar backing to ensure softness for comfort and retention of shape. SHOULDERS Perfectly-shaped shoulders which are lightweight and flexible. Quality is ensured by the careful pressing of cotton wool between two layers of felt. INTER-LINING Traditionally hand-stitched body interlining
      98 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon ADB president sets out priorities at meeting
      601 7 UPI THE ASIAN Development Bank opened its annual meeting in Beijing yesterday with its outgoing president calling tor new investment, technology advances and policy reform in Asia's poorest nations to help them over a "new threshold" in development. The board of governors representing
      UPI  -  601 words
    • Article
      Lock icon Bank Buruh expects M'sia $ to stay firm
      412 7 Bank Buruh expects M'sia to stay firm Bernama MALAYSIA'S Bank Buruh said in its Money Letter that it expected the ringgit to hover between M 52.67 and M 52.71 against the US dollar this month. The bank said it would not be surprised to see the central bank selling dollars
      Bernama  -  412 words
    • Article
      Government Securities Market
      100 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****S 03.08.89 4.31 4.26 4.33 4.26 6 months BS*****N 27.08.89 4.30 4.25 4.30 4.29 1 year BY*****H 23.11.89 4.25 4.20 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      100 words
    • Article
      Lock icon China may have to wait for soft loans from ADB
      314 7 Reuter CHINA is likely to have to wait a while before it can draw on cutprice loans from the Asian Development Bank (ADB). Japanese officials said on Wednesday. They said Beijing will probably have to wait until the next replenishment
      Reuter  -  314 words
    • Article
      Lock icon AMP looks to further global expansion
      175 7 AFP AUSTRALIA'S biggest insurers and institutional investors plan further overseas expansion after reporting on Wednesday a 14.8 per cent increase in managed assets last year. Australian Mutual Provident Society (AMP) managing director lan Stanwell said total assets under management worldwide had risen As 3
      AFP  -  175 words
    • Article
      Money markets
      52 7 THE OVERNIGHT RATE on the Singapore money market and the short-term rates remained unchanged across the board. S$ Interbank rates at the close yesterday: OfFCT uo Ov#fBi h 1/4 5 1/« 1-mowti 5 S/16 3 3/16 2-mon* J S/16 5 3/16 3-mon* J S/16 S 3/16 Overnight mod*:
      52 words
    • Article
      Asian dollar market
      274 7 ASIAN dollar deposit rates closed unchanged from the morning in dull trading, dealers said. "Trading has been quiet due to a holiday in Tokyo," one dealer said. "The market is unlikely to see significant changes till US April job figures are released tomorrow," another dealer said. One
      274 words
    • Article, Illustration
      NZI in one-stop cargo insurance package
      351 7  -  Move expected to save customers time and cost By QUAK HIANG WHAI NEW ZEALAND Insurance has signed an agreement with Singapore Air Cargo Agents Association Cargo Services (SCS) to provide Singapore's first onestop service which includes cargo insurance. Under this agreement, customers will now
      351 words
    • Article
      Lock icon US House approves Bill to aid thrifts
      291 7 Reuter THE US HOUSE Banking Committee on Tuesday night approved a Bill to help the federal government rescue hundreds of failing savings and loan associations from insolvency. The vote was 49-2. The Bill would allow the government, under a plan proposed by President
      Reuter  -  291 words
    • Article
      Lock icon Argentine currency allowed to float
      327 7 Reuter ARGENTINA'S battered currency was left to float against the dollar for the first time in 30 years on Wednesday after the Economy Minister declared that the state was virtually broke. Argentina had struggled to support the value of its austral currency, which lost nearly
      Reuter  -  327 words
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      50 words
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      Page 7 Advertisements Column 2
      118 7 <>-f Z.\ V SK HwX-V^-\ v*V s^;*> bw. *a m h&k m W& ■X V "5* r^K m > H 3 H •x t Xl- V >: >>» >; I t. $>*V »y h 'WW fh Kl cm S3 The a wort v <(> th th p« is ur an
      118 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Ginanjar warns against high oil prices
      193 8 AFP OIL PRICES should not reach so high as to encourage large scale energy diversification, Indonesian Mines and Energy Minister Ginanjar Kartasasmita said in Jakarta on Wednesday. Prices of crudes produced by the Organisation of Petroleum Exporting Countries (Opec) should not exceed US$2O a
      AFP  -  193 words
    • Article
      Lock icon Britain and Norway expect export boost from N Sea projects
      448 8 UPI NORTH SEA projects promise to boost petroleum exports for the UK and Norway, according to energy officials from both countries. "The level of business by operators on the UK continental shelf (in 1988) is a sure sign of the
      UPI  -  448 words
    • Article
      Lock icon Manila launching scheme to raise rice output
      193 8 AFP THE PHILIPPINES is to launch a programme to increase rice production to help eliminate the need for imports. Food and Agriculture Secretary Carlos Domingo said in Manila on Wednesday that under the programme. expected to be implemented in November, farmers will be
      AFP  -  193 words
    • Article, Illustration
      Lock icon Demand for M'sian timber in Thailand set to surge
      388 8 Bernama MALAYSIA'S exports of timber to Thailand are expected to rise with the Thai government's decision to ban logging nationwide from Jan 17 this year. The ban means that roughly 38 4 million acres of forests will be closed to save
      Bernama  -  388 words
    • Article
      Precious Metals
      286 8 HONGKONG: Gold closed slightly firmer in quiet and thin trade yesterday on short covering by US investors. Dealers said investors were sidelined ahead of the release of US April employment figures due today. Dealers expect the metal to trade narrowly between USS376 and US$379 in New York. Bullion
      286 words
    • Article
      Lock icon Crude Oil and Products
      169 8 Telerate FUEL OIL market continued to trade down in Singapore following weaker European market. Buying interest remained fairly thin. Only two overnight deals of CSTIBO were reported. One 20,000 mt was sold at $98.75 m fob Sing and another 25,000 m was sold mt $99 mt
      Telerate  -  169 words
    • Article
      Lock icon US farm lawmakers propose soybean research scheme
      230 8 AP A GROUP of US farm state lawmakers has proposed legislation to establish a US$6O million soybean research and promotion programme financed by a levy on domestic soybean production. The proposal, which was developed by the American Soybean Association, would provide for a
      AP  -  230 words
    • Article
      Lock icon Sarawak to raise natural rubber production
      195 8 Bernama THE SARAWAK government will increase production of natural rubber through replanting the crop in several divisions of the state beginning this year. Deputy Chief Minister and State Agriculture and Community Development Minister Datuk Alfred Jabu said 1,200 ha of land would be replanted
      Bernama  -  195 words
    • Article
      Palm Oil
      534 8 MALAYSIAN crude palm otl prices closed steady to higher on light covering and speculative buying yesterday, supported by further gains in palm oil futures. Dealers said sentiment was aided by talk Egypt bought 25.000 tonnes of stearin/tallow for June shipment in addition to earlier purchases of RBD palm
      534 words
    • Article
      Soybean
      142 8 CHICAGO Board of Trade soybean futures rallied steadily from opening lows to close near the lows, up 12-3/4 to two cents per bushel on diminished deliveries, slow country movement and fears that supplies will tighten further. A statement by the American Soybean Association president that Soviet officials told him
      142 words
    • Article
      Wheat
      223 8 CBT SOFT RED winter (SRW) wheat futures closed up 11 cents to one cent a bushel on Wednesday, led by old crop May on fears that steady lake shipments out of Toledo will cut supplies and further reduce deliveries. Trade talk around midday that China will tender for up
      223 words
    • Article
      Lock icon KL Tin
      164 8 Reuter THE Kuala Lumpur Tin Market (KLTM) weakened 28 cents to 27.98 ringgit a kg on continued lack of buying demand in thin trading yesterday. Brokers said consumers were holding back for cheaper metal as reflected in the opening bids of six tonnes against offers of 67 tonnes.
      Reuter  -  164 words
    • Article
      Produce Prices
      197 8 Chinese Produce Exchange i Sellers' noon closing prices on Moy 4 (S$/100 leg) Coconut oil Bulk FOB 103.00 Old drum FOB 1 13.00 New drum FOB 117.00 Copro Mixed (loose) 61.00 sellers Pepper Muntok white FOB NLW 635.00 Sara wok white FOB foq NLW 625.00 Sarawak special block
      197 words
    • Article
      Rubber
      330 8 SINGAPORE: Rubber prices closed lower yesterday with June 1 RSS buyer quoted at 193.50 cents a kg, down three cents from Wednesday's close. Dealers said prices continued to drift in the afternoon as traders kept to the sidelines in the absence of fresh factors. Trading remained quiet. On the
      330 words
    • Article
      RAS and MRELB
      271 8 R AS prices in S cents/kg, FOB in bale* NOON CLOSE Buyers Sellers Buyers Sellers int 1 RSS Prompt 196.50 197.50N 196.00 197.00N lot 1 RSS J one 89 194.00 195.00 193.50 194.50 Int 1 RSS July 194.00 195.00 193.50 194.50 Int 2 RSS OP 191.00 193.00N
      271 words
    • Article
      SSR and SMR
      77 8 (cents/kg) JUNE 1989 JULY 1989 (current month) (forward month) RAS NOON NOON Buyer* Sellers Buyers Sellers SSR 20 170.00 I72.00N 170.00 172.00N SSR 50 168.00 170.00N 168.00 170.00N MRELB Buyers Sellers Buyers Sellers SMR CV 271.50 273.50N 273.50 275.50N SMR I 272.50 274.50N 274.50 276.50N SMR 5
      77 words
    • Article
      London Markets
      268 8 London Commodity Exchange Buyer/Seller closing prices on May 3 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London May 1158/1160 (1160/1170) High/Low 1170/1155 July 1106/1108 (1115/1120) High/Low 1112/1101 Sales (1977) Cocoa May 725/726 (726/727) High/Low 729/725 July 744/745 (749/750) High/Low 748/743
      268 words
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  • FOCUS
    • Article, Illustration
      Lock icon Key issues remain despite concessions
      812 9 Prince Sihanouk has offered flexibility and conciliation towards Mr Hun Sen the tactically necessary flexibility to keep things going. But the bottom line remains the same what is to be the future role of the Khmer Rouge. AFP CONCESSIONS on both sides at talks in
      AFP  -  812 words
    • Article, Illustration
      Lock icon The Prince cuts a lonely figure in his search for peace in Cambodia
      623 9 Prince Sihanouk, described by some as a general without an army, commands considerable support from East and West while Hun Sen, the world's youngest prime minister, fights to win support for his government. Concessions and compromises marked
      Reuter  -  623 words
    • Article, Illustration
      Lock icon The young man fights for recognition
      661 9 Reuter HUN SEN, one of the world's youngest prime ministers at 38. is struggling to revive a country driven to the brink of the Stone Age by a reign of terror. He seeks international recognition for a Cambodian government shunned by most as a
      Reuter  -  661 words
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      143 9 I The outstanding International Education and Training Exhibition with Congress in the centre of the ASEAN region. asean worlddidac expo '89 Singapore 9-13 may ASEAN WORLDDIDAC EXPO '89 will take place in Hall 4 of the World Trade Centre Opening hours: For Trade and Professionals only: May 9-11, 11 a.m.
      143 words
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  • PERSPECTIVE
    • Article
      Pax Americana, Pax Japonica
      526 10 THE WORLD over, discussions during official visits by foreign leaders seem to fall into two parts: there is the bilateral "meat", and there is the "wine" of the international situation which, more often than not, is meant to help the food go down better. That was
      526 words
    • Article, Illustration
      Opportunities in Sri Lanka
      1963 10  -  Now into its sixth year of sectarian violence, Sri Lanka may not be the best place for investors. But its export processing zones do offer refuge and potential for foreign manufacturers. And when peace does return to the land, even locations outside the processing zones will
      1,963 words
    • Article
      Lock icon Chinese students inspired by Soviet and American examples
      545 11 AP STUDENTS IN CHINA traditionally have looked to Western nations for models of democracy, but this time they also are getting inspiration from their socialist neighbour to the north, the Soviet Union. The students see Soviet President Mikhail Gorbachev's policies of glasnost
      AP  -  545 words
    • Article
      Lock icon Japanese fretting over future of free trade
      799 11 Reuter JAPAN, the world's biggest beneficiary of free trade, is worried that the system it built its success upon is crumbling. But it doesn't know what to do about it. "We know we will be the biggest loser if the Gatt (free trade)
      Reuter  -  799 words
    • Article, Illustration
      Lock icon Israeli foreign policy foundation shaken
      517 11 AFP A STATEMENT BY Yasser Arafat that the PLO's anti-Israeli charter is now obsolete has shaken the pillars of Israeli foreign policy and strengthened the hand of those in France who advocate a dialogue with the organisation. Mr Arafat, chairman of the Palestine Liberation Organisation,
      AFP  -  517 words
    • Article, Illustration
      Lock icon Figures from past active in Turkey's politics
      852 11 Reuter MAJOR POLITICAL FIGURES Irom Turkey's turbulent past are looking confidently to the future as Prime Minister Turgut Ozal struggles to hold his ruling Motherland Party together. Suleyman Demirel, prime minister for 10 of the years between 1965 and 1980 and twice ousted
      Reuter  -  852 words
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      108 10 FOR IMPORTERS AND EXPORTERS. •m SHIPPING TIMES covers all aspects of local and international shipping (except, of course, the really technical aspects). The emphasis is on news that is likely to affect the Business Times reader. Covering the latest trends in the shipping markets, we also carry up-to-date news of
      108 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      46 10 Key TO rue ejt&zv Tive v LOptSHT3QQPn., POINTLESS talking To Hirn in THIS nnoop J Hpye you u_V IQST NJQUR up\ueT^ eveKYTMING I HfND sV)RS \w THPrr lorugT YOU LOOKING RT FS ngp\M BeRCPT Te.P\ BND CFvCC moNey... season TICKET TO THe HUNDReDS OP c^et>T CftRDS.....
      46 words
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      1241 11 MALAYA TIN PRINTING COMPANY LIMITED (Incorporated in the Republic ot Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT AN EXTRAORDINARY GENERAL MEETING OF MALAYA TIN PRINTING COMPANY LIMITED WILL BE HELD AT 1 SIXTH LOK YANG ROAD, SINGAPORE 2262 ON FRIDAY, 2ND JUNE 1989 AT 10.30 A.M.
      1,241 words
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  • LEISURE
    • Article, Illustration
      Lock icon A showcase of Asian movies at Cannes
      795 12 CINEMA AFP TWO OF the major events at this year's Cannes film festival, which opens next Wednesday, are the latest films by the distinguished Asian directors Satyajit Ray of India and Lino Brocka of the Philippines. Cannes launched both their international careers. Ray
      AFP  -  795 words
    • Article
      Lock icon Strange creations in a Miami hotel
      761 13 ART NYT AS SOON as Somoa got a glimpse at Room 208 of the New Leonard Beach Hotel in Miami Beach, Florida, it was obvious to him what he had to do: tattoo it. So he did. And that's how the west wall came
      NYT  -  761 words
    • Article, Illustration
      Lock icon Golden chance for hard-working Japanese to take time off
      542 13 LIFESTYLE AP JAPAN is closing down for its annual weeklong series of spring holidays, with an extra day thrown in this year by the government to encourage hard-working Japanese to really take time off. For many workers, the annual "Golden Week"
      AP  -  542 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      836 12 Where to entertain. It's a small, small, small, small, small, small world 1 FROM HAWAII TO SINGAPORE WITH FOOD, ITALIAN STYLE^ chef"fecO^lro' hawaii-based Italian chef Try me Pecararo Kalian Hmm> tasie only from May 1, to May 14, 1989 PETE'S PLACE Li COFFEE-HOUSE Intimate \E" mood. Soft sentimental music i
      836 words
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      Page 12 Advertisements Column 2
      336 12 *hkUwik£*A)M*i ggXW May 14, *89 111 Mother's Day Special Buffet Lunch Live entertainment The latest fashions from top boutiques Special numbers by Production D'Orient dance troupe Songs dedicated to Mum Lucky Draw for Mum. Win a beautiful jewellery set. National home appliances and weekend stays for 2 at The Mandarin.
      336 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      174 13 ,;v M f Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties. Located on the 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm. Jk® Century Park Sheraton Singajjore 16 Nassim Hill Singapore
      174 words
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      Page 13 Advertisements Column 2
      41 13 'SA V//' /a w< matured guaranteed FINEST SCOTCH WHISKY BLENDED 4 BOTTLED BY Mroye ■Aa/Za/t/z/trlZjj/uJed (/)u//ZZw -~(/)t/utAarfot/. e/co//aru/ PIOOUCT OF SCOTLAND 01 IMPOT 01IH *U«0 *AUER DISTRIBUTORS SON MO SO JUU PENCMAU PETAJJN6 JAVA MALAYSIA a 1 WtMPA THE SUPERB SCOTCH
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      663 13 mmmm CRYPTIC PUZZLE ACROSS 4 Needs, we're told, to work as a baker (6) 7 Upset because of a fright? (8) 8 Dodge out of the way, girl! (6) 10 Jack makes it a folder (5) 13 Appear to understand a lot (4) 14 Lil's new contribution to the house
      663 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1395 13 OUR CHOICE BABY, IT'S YOU, 10.35pm, Channel 5 This is a 60s teenybopper romance between a two high-schoolers. She s a middle-class girl with good grades and he's a street-wise working-class boy. Already the tears are welling up. They face the dilemma of their different lifestyles after graduation. Stars Rosanna
      1,395 words
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  • SPORTS
    • Article, Illustration
      Gearing up for the vertical
      484 14  -  MARATHON By CHARLES SAVAGE THE JUNE FOURTH Vertical Marathon at the Stamford Westin is now wide open as both the top contenders, Sandra Pang and Kenneth Keng, are recovering from injuries. Pang, a 28-year-old confidential assistant at Triremis, a food distribution firm, sustained an ankle
      484 words
    • Article, Illustration
      Lock icon West Indies completes rout of India
      343 14 CRICKET AP THE WEST INDIES took 45 minutes to complete its third successive victory over India by seven wickets in the fourth and final cricket Test match in Jamaica on Wednesday. After his team took the fourmatch series 3-0, captain Vivian Richards declared jubilantly:
      AP  -  343 words
    • Article
      Lock icon 'Johnson had side-effects linked to steroid use'
      300 14 BEN JOHNSON INQUIRY AP SPRINTER Ben Johnson suffered side-effects associated with steroid use two years ago, his family doctor said on Wednesday. Testifying before a Canadian federal drug inquiry in Toronto, Dr Jack Sussman, a general practitioner who also treated Johnson's mother, said
      AP  -  300 words
    • Article, Illustration
      Lock icon Spain's Zabala wins 10th leg of race
      161 14 CYCLING AP HERMINIO DIAZ ZABALA of Spain won the 10th leg of the 44th Tour of Spain cycling race on Wednesday, finishing 14 seconds ahead of a charging main pack after riding alone for more than five hours. Colombian Omar Hernandez remained the
      AP  -  161 words
    • Article
      Lock icon All Craig Stadler needs is a victory
      341 14 GOLF AP THE COMEBACK is all but complete, Craig Stadler says Only a victory remains to be accomplished. "It's coming along pretty good," Stadler said before a practice round for the US$l million Byron Nelson Classic in Dallas "I'm pretty much back where
      AP  -  341 words
    • Article, Illustration
      Lock icon Wilander beaten again, Noah aggravates foot injury
      803 14 TENNIS UPI MATS WILANDER suffered yet another unsettling defeat in his opening match of the Eagle Tournament of Champions in New York on Wednesday, and Yannick Noah hobbled off the court in pain following another foot injury. Wilander, still without a tournament title
      UPI  -  803 words
    • Article, Illustration
      Lock icon Krishnan bows out of Indian Davis Cup team
      365 14 AFP RAMESH KRISHNAN has pulled out with a back injury, dealing a serious blow to India's hopes of beating South Korea in a Davis Cup Asia-Oceania zone semi-fi-nal starting in India today. Indian number one Krishnan. ranked 62 in the world and
      AFP  -  365 words
    • Article
      Lock icon Mancini on course for victory
      117 14 AP ALBERTO MANCINI of Argentina, seeking his second consecutive clay-court tournament victory, swept past Ricki Osterthun of West Germany 6-1, 6-3 to reach the third round of the U*****,000 Bavarian Open on Wednesday. Mancini, who beat Boris Becker for the Monte Carlo Open title last
      AP  -  117 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      100 14 Fashion Line Bag (3 colours) U P $150 00 Fashion Boston Bag (3 colours) U P $52.00 1 w $80.00 $98.00 $40.00 Frior Bag (with thermal insulation side pocket for keeping drinks) U P $180.00 Travel Coverall UP $56 00 $1311 nn Sunday Bag U P. $36 00 Bag Stand
      100 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      DBS Land's properties rise 42pc in value
      545 15  -  By HERMAN PHUA THE MARKET value of DBS Land Ltd's portfolio of investment properties has risen 42 per cent to $702.64 million as of Dec 31, 1988 In the case of those properties held for sale, the market value has risen less sharply
      545 words
    • Article
      PMCW pays M$32.5m for 10 million shares in MUI
      300 15 PAN MALAYSIA Cement Works Bhd (PMCW) has acquired through its subsidiary, Cafe Boulevard Sdn Bhd 10 million shares in Malayan United Industries Bhd (MUI) for Ms 32 5 million. PMCW, which a 49.4-per-cent associate of MUI, said in its statement that
      300 words
    • Article
      Jack Chia Enterprises profits rise spc
      306 15  -  By WILLIAM CHIA JACK CHIA Enterprises (M) Bhd has recorded a 5 per cent increase in group after tax profit to M 52.58 million for the year ended March 31. 1989 This makes it the first company in the Jack Chia stable of companies
      306 words
    • Article, Illustration
      MPHB lodges report on alleged insider trading
      536 15 Police asked to investigate MULTI-PURPOSE Holdings Bhd (MPHB). the target of a controversial takeover offer, has asked the police to investigate the possibility of insider trading in the company's shares. On the Kuala Lumpur Stock Exchange. MPHB shares fell nine sen to close
      536 words
    • Article, Illustration
      General Corp losses down to M$2.8m
      451 15  -  By MICHELLE OH GENERAL CORPORATION BHD. which had earlier predicted a turnaround, has ended its latest financial year still in the red, albeit much reduced at M 52.87 million compared with losses of M 57.28 million previously. Turnover drop a marginal 8.2 per cent
      451 words
    • Article
      Ng Teng Fong buys office building in KL for M$22 million
      322 15  -  By JOSEPHINE CHAN PROPERTY MAGNATE Ng Teng Fong of the Far East group has purchased a commercial building in Kuala Lumpur for Ms 22 million. Menara Bena, a 15-storey office building on Jalan Ampang. was acquired through Natwest Holdings
      322 words
    • COMPANY BRIEFS
      • Article
        MMGU renamed
        22 15 KEPPEL CORPORATION s joint-venture with NV AMEV Group of the Netherlands, MMGU Insurance, is now renamed Keppel Insurance Pte Ltd
        22 words
      • Article
        Haw Par deal
        82 15 HAW PAR Brothers International Ltd has, through its whollyowned subsidiary, Scott English Ltd, agreed to subscribe for 3.5 million shares in Pioneer Die-Casting Industries Pte Ltd (PDCI) for cash at par, representing 50 per cent of the enlarged capital of PDCI. The agreement also provides for Haw
        82 words
      • Article
        Amcol investment
        40 15 AMCOL HOLDINGS LTD has invested M 5500.000 for 500.000 shares of Msl each in Amcol (M) Sdn Bhd. a newly incorporated wholly-owned subsidiary in Malaysia. Amcol (M) was incorporated on April 3 and is involved in metal fabrication.
        40 words
      • Article
        UEL in Taiwan
        68 15 UNITED ENGINEERS LTD has, through its wholly-owned subsidiary, United Engineers (S) Pte Ltd subscribed for 5.1 million shares of NT$lO each or 26 per cent of the paid-up capital of Hwa Tech Industrial Development Corporation. The investment in Hwa Tech, an environmental engineering company incorporated in Taiwan,
        68 words
      • Article
        Ganda sells assets
        84 15 GANDA HOLDINGS BHD's subsidiary, Ganda Plantations Sdn Bhd, has agreed through its subsidiary, Penang Edible Oil Sdn Bhd, to sell the entire fixed assets of its refinery comprising leasehold land, buildings and plant and machinery for M 56.5 million in cash to Federal Flour Mills Bhd. And
        84 words
      • Article
        Eu Yan Sang sales
        94 15 EU YAN SANG HOLDINGS LTD's wholly-owned subsidiary, Torex Pte Ltd, has sold two properties which will result in a profit of $133,106. The sales will increase earnings per share for the group by 1.48 cents for the year ending Dec 31, 1989 but will not have
        94 words
    • SES
      • Article, Illustration
        Market takes a breather as investors resort to profit-taking
        1679 16  -  by HERMAN PHUA AFTER THREE DAYS of consecutive post-Crash highs, the local market finally took a breather with share prices closing mixed on selective profit-taking. The Straits Times Industrials Index slipped by a marginal 1.33 points to close the day at
        1,679 words
      • Article
        COMPANY MEETINGS
        101 16 THE DBS BANK LTD: 21st AGM at the Board Room, 46th Storey, DBS Building, 6 Shenton Way, Singapore 0106, on Tuesday May 9 at 11.00 am. FAR EAST LEVINGSTON SHIPBUILDING LTD: 23rd AGM at the Registered Office, No. 31 Shipyard Road, Jurong Town, Singapore 2262, on May 9
        101 words
    • Article
      SES SHARE INFORMATION
      6230 16 1989 High Low Tel Coda Company Last Sale MAY 04 f orVol Day ('000) High Low Last Quote Buyer Seller Gr's Dlv Dlv C'vr Gr's rm Net P/E M Cap (mil SECTION ONE INDUSTRIAL COMMERCIAL 182 94 300 200 112 398 244 352 143 157 183 340
      6,230 words
    • KLSE
      • Article, Illustration
        Lock icon Heavier profit-taking in KL
        3649 17 NST PROFIT-TAKING turned more aggressive after two days of firmer trading and share prices closed mixed on the Kuala Lumpur stock market yesterday Brokers are optimistic despite the heavier profittaking. They said it is a healthy development to prevent over-heating. A base must be built for
        NST  -  3,649 words
    • REGIONAL MARKETS
      • Article
        Lock icon Jardine wants part of Macau airport project
        448 18 Reuter JARDINE MATHESON Holdings Ltd is negotiating to invest in a project which will build and operate an international airport in the Portuguese territory of Macau, a Jardine official has said. Stanley Ko, a director of Jardine's wholly-owned Jardine Pacific Ltd and responsible
        Reuter  -  448 words
      • Article
        Lock icon NZ: Climb continues
        188 18 Reuter THE NEW ZEALAND share market yesterday closed higher for the sixth consecutive day, despite being sold near the close from its mid-session high. Brokers' views on direction were divided between the expectation of a continued bullish rise and the onset of profit-taking The Barclays Index climbed
        Reuter  -  188 words
      • Article
        Lock icon Seoul: Technical rebound
        167 18 Reuter SEOUL STOCKS rebounded in moderate trading yesterday after two consecutive days of falls but wary brokers said the market rise was merely a technical one The composite index firmed 8.14 points, closing at 941.80. Turnover was 233.5 billion won against 206.4 billion at Wednesday's finish. About
        Reuter  -  167 words
      • Article
        Lock icon Manila: 19-month high
        154 18 Reuter PHILIPPINE shares closed mixed yesterday and dealers said trading was heavy despite caution in the mining sector after a foiled management takeover of Atlas Mining Corp. The Manila Stock Exchange composite index rose 9.97 points to 1,020.35, a 19-month high. Combined volume of the twin Manila
        Reuter  -  154 words
      • Article, Illustration
        Sharp rise to record post-Crash high
        1431 18 Hongkong PRICES of blue chips shot up to close at a post crash record yesterday on news that no blood was shed during the student demonstrations in Beijing. The Hang Seng Index rose 65.9 points or 2.09 per cent to 3,221.12. The Hong Kong
        1,431 words
      • Article, Illustration
        Lock icon Shares close firmer
        528 18 Australia Reuter THE AUSTRALIAN share market closed firmer yesterday despite profit-tak-ing in leading industrial stocks during the afternoon. The All Ordinaries Index was up 7.3 points at 1.511.6. well off the day's high of 1,519.5. Brokers said there was little reaction to the 1.0 per cent rise
        Reuter  -  528 words
      • Article
        Lock icon Taipei: Higher close
        462 18 Reuter THE TAIWAN stock index leapt sharply higher in the first minutes of trading yesterday but soon settled. leaving share prices mixed, dealers said. By mid-morning the weighted index had risen 23.30 points to 8,267.60 compared with Wednesday's 8,244.30 finish and an earlier high of 8,356 33.
        Reuter  -  462 words
      • Article
        Lock icon Bangkok: Index up
        164 18 Reuter THE Securities Exchange of Thailand Index rose 2.37 points to 513.51 yesterday on turnover of 19,688,822 shares worth 1.593.16 million baht. MAY 04 BAHT fAo Kham Thai 422 -8 Ayudhya Investment 37 75 unch Bangkok Agro-lnd 71 50 -05 Bangkok Bank 207 *2 Bank 01 Ayudhya
        Reuter  -  164 words
      • Article
        Bombay: Quiet session
        148 18 BOMBAY share prices yesterday finished a quiet session mixed with narrow price movements, brokers said. The market attracted selective institutional buying for the second day. But this failed to bolster sentiment which is undermined by reports that Prime Minister Raiiv Gandhi may call for early general elections
        148 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Profit-taking before jobs report
        839 19 New York Reuter WALL STREET on Wednesday chalked up its third closing loss this week, curbed by more profit-taking and investor hesitancy before a crucial government report on April US employment, due tomorrow. Outside of special situations, analysts said they saw few standout issues. The markets
        Reuter  -  839 words
      • Article, Illustration
        Lock icon Equities open firmer
        966 19 London Reuter LONDON share prices were generally firm in quiet business yesterday despite Wall Street's lower close on Wednesday. Dealers said that with inflation and the danger of higher UK interest rates weighing on the market, the lack of major economic data could make for a quiet
        Reuter  -  966 words
      • Article
        EUROPEAN MARKETS ROUNDUP
        1184 19 MILAN: ITALIAN shares yesterday fell back in late trading to end below the day's highs in moderate volume, brokers said. The MIB index, up 0.8 per cent at mid-morning, edged up two points or 0.19 per cent to close at 1.031. Brokers said the market showed little
        1,184 words
      • Article
        Lock icon Former Piedmont chairman may bid for Eastern Airlines
        595 19 NYT the FORMER CHAIRMAN of P edmont Airlines has emerged as a possible bidder for Eastern Airlines during a hearing in Federal Bankruptcy Court In New York. The court was told on Wednesday that William R Howard was working with Pruden-tial-Bache Securities
        NYT  -  595 words
      • Article
        Lock icon Metro Life buying stake in CS First Boston
        566 19 NYT IN A MOVE that would increase its influence on Wall Street, the Metropolitan Life Insurance Co has agreed to buy a 10 per cent stake in CS First Boston Inc. the two companies announced on Wednesday. CS First Boston is the
        NYT  -  566 words
      • Article
        Lock icon WPP's Ogilvy bid sparks scepticism
        441 19 Reuter THE LATEST attempt by Martin Sorrell, chief executive of WPP Group pic, to displace his former employers Charles and Maurice Saatchi as the world's biggest advertising agency has sparked scepticism among analysts. They questioned both the financial and business logic behind the US$725 million
        Reuter  -  441 words
      • Article
        Lock icon Ogilvy reports 11 pc rise in earnings
        128 19 NYT THREE DAYS after becoming the target of a takeover attempt, the Ogilvy group has reported that its firstquarter earnings rose 10.8 per cent from the comparable period last year. The parent company of Ogilvy Mather reported net income of US$3.B million, or
        NYT  -  128 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      281 15 f NEW INTERNATIONAL EXECUTIVE BUSINESS CENTRE OPENING THIS MONTH IN RAFFLES PLACE Receptionist, Executive Secretary, Telex, FAX Video Conference Room. v Your office will be designed to fit your individual needs. Contact Mr Thomas Telephone: *****73 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Maheswari d/o Boopalan of No. 59
      281 words
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      Page 15 Advertisements Column 2
      331 15 rt SINGAPORE'S PREMIER WATCH BOUTIQUE Cold Storage i llnrnrnnrßlAd in Ltd (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the First Annual General Meeting of Cold Storage Holdings Ltd will be held at Mandarin Court A, 4th Floor, The Mandarin Hotel, 333 Orchard Road, Singapore
      331 words
  • Page 15 Miscellaneous
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      602 18 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Chan Kuan Ming 1-B Woo Mon Chew Road #04-01 Poh Heng Court, Singapore (1545), have applied for a wholesale liquor licence in respect of premises at M/s Tafil Trading (S) Pte Ltd 12, Kung Chong Road, Singapore (0315), and that this application
      602 words
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      Page 18 Advertisements Column 2
      539 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SEAPAC CHEMICAL AND TRADING COMPANY PTE LTD At an Extraordinary General Meeting of the company held on Tuesday, 25 April 1989. the following resolutions were passed:SPECIAL RESOLUTION WINDING-UP That Seapac Chemical and Trading Company Pte Ltd
      539 words
    • Advertisement
      Page 18 Advertisements Column 3
      542 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BEN OFFSHORE COMPANY PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION [Pursuant to Section 290(2Kb)] At an Extraordinary General Meeting of the Company held at 9 Penang Road #12-00. Singapore 0923 on 3 May
      542 words
    • Advertisement
      Page 18 Advertisements Column 4
      376 18 VEMA ASIA EQUIPMENT PTE LTD (In Members' Voluntary Winding-Up) LIQUIDATORS' OFFICE: 15 Beach Road 903-10 Beach Centre f Singapore 0718 NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Chapter SO. that the Final Meeting of the Company will be held at 15
      376 words
    • Advertisement
      Page 18 Advertisements Column 5
      369 18 THE COMPANIES ACT. CHAPTER 50 Section 290(2)(b) NOTICE OF RESOLUTION RAYMOND INTERNATIONAL (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Raymond International (Singapore) Pte Ltd held on the 26th day of April 1989. the following special resolutions were duly passed: RESOLVED: 1) That the company
      369 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      46 19 This announcement appears as a matter of record only GOLDEN LANDMARK PTE. LTD. 5535,000,000 MEDIUM TERM FACILITY Arranged and Managed By BNP International Financial Services (Singapore) Ltd Funds Provided By Banque Nationale de Paris DBS Bank (Singapore Branch) BNP International Financial Services (Singapore) Ltd April 1989
      46 words
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  • Article
    Pay rise for about 2,000 NUS and NTI staff members
    498 20  -  First salary scale revision in seven years By ANNA TEO SALARIES have gone up by between 5 and 25 per cent for some 2,000 academic, administrative and professional staff members of the National University of Singapore and Nanyang Technological Institute
    498 words
  • Article
    Lock icon Inflation rampant in Soviet Union, say economists
    387 20 Reuter THE SOVIET UNION has printed so much paper money that it could buy all the goods in Western Europe if the Europeans would accept the rouble at the official rate, a group of economists said yesterday. Writing in the weekly Moscow News,
    Reuter  -  387 words
  • Article, Illustration
    Lock icon Tigress Thatcher for a better Britain
    286 20 Reuter PRIME MINISTER Margaret Thatcher said constant political attack had made her a "tigress" in the fight to build a better Britain. In an interview on Wednesday, the eve of her 10th anniversary in power, the country's first woman prime minister said her greatest
    Reuter  -  286 words
  • Article
    Lock icon Taiwanese proposals to cut trade surplus with US
    374 20 AP UNITED STATES and Taiwanese officials continued a fourth day of trade talks yesterday as Taiwan reiterated its proposals to cut its trade surplus in an effort to avoid retaliation from the US. Mr Donald Bishop, spokesman for the US delegation, said
    AP  -  374 words
  • Article
    Lock icon Suharto appeals for debt relief from Japan
    264 20 AFP INDONESIAN President Suharto yesterday appealed to Japan to relieve Indonesia of part of its growing foreign debt burden. In a speech at a dinner to honour visiting Japanese Prime Minister Noboru Takeshita, Mr Suharto said: "We want special attention in that Indonesia
    AFP  -  264 words
  • Article
    Thailand, China potential labour markets for Filipinos
    267 20  -  By AL O LABITA Jr TWO ASIAN COUNTRIES have been showing signs of becoming potential labour markets for Filipino workers, the Philippine Overseas Employment Administration (POEA) said on Tuesday. Thailand and China, both moving quickly towards industrialisation and economic boom, are experiencing shortages
    267 words
  • Article
    Lock icon Cuepacs refutes report o KTM being corporatised
    340 20 Bernama CUEPACS yesterday refuted a report that Malayan Railway (KTM) is likely to be corporatised and that its staff will probably get their option letters in July. Cuepacs president A Ragunathan described the report as "alarming", saying that it had placed KTM staff
    Bernama  -  340 words
  • Article
    Lock icon India still considering Coca-Cola plant
    244 20 AFP INDIA is still considering whether to approve a Coca-Cola bid to set up a plant making ingredients that go into the world-famous beverage. The government s Special Approvals Board was waiting for clarifications from the Coca-Cola Co before deciding on a proposal submitted by
    AFP  -  244 words
  • Article
    Lock icon Comex gold and silver
    96 20 Reuter COMEX GOLD FUTURES gained early on mixed buying yesterday, spurred by a weak dollar and renewed firmness in crude oil prices. In slow trading due to the closing of European financial centres for Ascension Day, June gold moved ahead US$l.4O at US$3Bl.BO an ounce. Analysts
    Reuter  -  96 words
  • Article
    Lock icon US reaches deal with Europe on 'hormone meat' dispute
    393 20 UPI US OFFICIALS have announced a tentative agreement with Europe on high-quality meat involved in the "hormone meat" dispute but the accord covers only 15 per cent of the meat at stake. The disagreement has cut off a US$lOO million European
    UPI  -  393 words
  • Article
    Lock icon Positive response to Aussie trade proposal
    258 20 AFP ASIAN COUNTRIES have welcomed Australia's proposal for a regional trade forum, a government spokesman in Canberra said yesterday, after an eight-na-tion tour by envoy Richard Woolcott Mr Woolcott, who is Secretary of the Department of Foreign Affairs and Trade, reported on his talks
    AFP  -  258 words
  • LATE FILE
    • Article
      Lock icon Taiwan to buy more from US
      31 20 Reuter TAIWAN yesterday announced it will send five buying missions to the United States this year to head off possible trade retaliation by Washington. Reuter
      Reuter  -  31 words
    • Article
      Lock icon KL to donate to Sultan Mosque
      46 20 Bernama MALAYSIA has agreed to donate $200,000 to the Sultan Mosque in Singapore for its expansion project, the Foreign Ministry said yesterday. Foreign Minister Oatuk Abu Hassan Omar will hand over the money to the mosque trustees after prayers today.
      Bernama  -  46 words
    • Article
      Lock icon Seoul unable to control inflation
      43 20 AFP SOUTH KOREA will be unable to hold inflation down to the targeted 5 per cent this year and will likely fail to reach its economic growth objective of 8 per cent, officials in Seoul said yesterday.— AFP
      AFP  -  43 words
    • Article
      Lock icon Melanesian leader killed
      33 20 UPI GUNMEN yesterday assassinated Jean-Maire Tjibaou, head of the Melanesian separatist movement in the French-ruled Pacific archipelago of New Caledonia, and critically wounded one of his aides, police said. UPI
      UPI  -  33 words
    • Article
      Lock icon More Tokyo funds for Australia
      36 20 AFP THE proportion of Japanese foreign investment going to Australia could double or treble in the near future, an adviser to the Tokyo-based EIE International Corp said in Melbourne yesterday. AFP
      AFP  -  36 words
    • Article
      Lock icon Sri Lanka peace talks begin
      40 20 AP TAMIL TIGER rebels and the the Sri Lankan government opened their first round of peace talks yesterday in a bid to end six years of ethnic warfare that has claimed 9,000 lives, sources said.
      AP  -  40 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      55 20 REGENT HEALTH SPA TEL: *****68 (5 lines) ytr iP Business Hours 10.30 am 1100pm Ample Parking Lots Available 78 SHENTON WAY «01-01 A 81-01 We're beside Dai-lchi Hotel We are the same team trom EMPRESS HEALTH CENTRE with great differences Massage Hot/Cold Pools Sauna Bath Steam Bath Gymnasium Hair Salon
      55 words
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      Page 20 Advertisements Column 2
      246 20 !{/::$]<=!]{'},]@:}%@!$=%$_<!;/ A SPECIAL REPORT BY RISK CONSULTANCY PTE LTD The implications of greater labor activism and militancy are wide-ranging. How should your company adjust its policy to suit the changing situation? Will labor disputes disrupt your production schedules and lines of supply? How will it affect your competitive situation? Companies
      246 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Wool group to raise rates
        133 21  -  By Florence Chong THE Wool Commodity Group (Australia) has announced a 7.3 per cent increase in freight rates for wool shipments to Europe for the 1989/90 season. The new rates were agreed at negotiations in Perth recently between the group which represents European importers, exporters,
        133 words
      • Article
        CTI asked to pay higher fees
        101 21  -  By Richard Ng THE Thai Finance Ministry will ask C T International who manages the Songkhla and Phuket ports to pay higher fees for wanting to build a container yard outside the Songkhla port area. C T International recently informed the ministry it wanted
        101 words
      • Article
        Lock icon Pioneer Sea towed to port
        59 21 Reuter THE 11,960 dwt Panamanian bulk carrier Pioneer Sea was towed into Cagliari, Sardinia, following a fire in its engine room earlier the same day, Lloyd's Shipping Intelligence said. The fire was extinguished by the crew. Repairs needed before the ship can resume its voyage
        Reuter  -  59 words
      • Article
        Lock icon CHIEF system for UK customs
        86 21 Reuter BRITISH Telecommunications pic has received a £70 million order to provide and manage a computer system for the British Customs department. It said the CHIEF (Customs Handling of Import and Export Freight) system would enable fast processing of goods in and out of Britain
        Reuter  -  86 words
      • Article
        Lock icon Trade Fortitude undergoing repairs
        55 21 Reuter THE 249,223 dwt Liberian ore/oil steamer Trade Fortitude, damaged in a collision off South Africa, has arrived at Saldanha Bay, South Africa, Lloyds Shipping Intelligence said. Temporary repairs have been carried out to the Trade Fortitude and permanent repairs will be made after the cargo
        Reuter  -  55 words
      • Article
        Lock icon Santos strike ends
        91 21 Reuter SANTOS, Latin America's busiest port, returned to normal after auxiliary workers ended a strike, union and port officials said. The port has been strike-bound since April 11. Stevedores have ended their strike but said they could not return to work without auxiliary staff such as checking
        Reuter  -  91 words
    • Article
      Index to advertisers
      1033 21 ABBS l>ne XII 3/4 ABC Contoinerlm© XI 5 Accord Shpg VIII 1/2 AFS XIII 3 Ahreniuel liner XII 5 AC Toepler XIII 5 Americon Tpl XII 4 Arrow lines XI 5 Assoc Corrioge XIII 5 ANl III 1/2 A PC line VII 4 API V 3-5 ASCI
      1,033 words
    • Article, Illustration
      Nedlloyd to use S'pore as a key relay hub for more services
      666 21  -  Trans-Pacific run will be launched in the 1990s By JEAN FOONG NEDLLOYD Lines plans to use Singapore as a key relay hub for more of its services worldwide, says the shipping company's chief operating officer, Mr P R
      666 words
    • Article
      Lock icon NSCSA seeks 4 new ships
      147 21 Reuter THE partially state-owned National Shipping Co of Saudi Arabia (NSCSA) is studying plans to acquire four new chemical tankers, officials said. "The board has agreed to purchase four chemical tankers. Depending on the price, we will either buy or lease new vessels," the company's
      Reuter  -  147 words
    • Article
      P Klang gearing up for more transhipment traffic in the next few years
      514 21  -  By VONNIE BISHOP Writing for BT from Hongkong MALAYSIA'S Port Klang expects to challenge Singapore for some of its transhipment traffic in the next few years and expand considerably as a first line port for international operators.
      514 words
    • Article
      PIL to start first semi-container service to US soon
      300 21 PACIFIC International Lines (PIL) will be introducing its first semicontainer service to the United States soon. The service is likely to provide fortnightly sailings with alternate voyages to the US Gulf and east coasts from the Far East, says a report
      300 words
    • Article
      FE ports spearhead container traffic growth
      441 22 VONNIE BISHOP reports from the 2nd World Container Congress held in HK TOGETHER the traditional "Far East" ports handled about 15 million TEUs in 1988, representing an enormous concentration of container traffic. Mr David Turner, chief of Transport and Communications Division of the United
      441 words
    • Article
      Prices of S Korean containers likely to stabilise
      567 22 THE PRICES of South Korean containers are finally expected to stabilise in the coming year, according to Mr K C Yoo, chairman of the Korea Container Industry Association and president of Hyundai Precision Industries Co Ltd the world's largest volume producer of
      567 words
    • Article
      Cosco hopes to buy more vessels
      480 22  -  By Vonnie Bishop CHINA'S national shipping line, Cosco, hopes to place further orders for large container vessels before the end of this year Mrs Xu You Qun, general manager of the shipbuilding department of Cosco, said the five 2.70 C TEU vessels they have
      480 words
    • Article
      Shipping events
      331 22 May 8-12 Economics Operations of Bunkering, to be held at the Omni Marco Polo Hotel. This course, conducted by the College of Petroleum Studies, aims to provide an in-depth analysis of the international supply system for bunker oil and presents an insight into bunker oil pricing, planning and
      331 words
    • Article
      Bunker market report
      539 22 Density Water Carbon Ash Aluminium Sediment Residue KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Cimac limit* Spec E25 991 1.0 15.0 0.10 30* 0.15* Spec G35 991 1.0 18.0 0.15 30* 0.15* Northern Europe 180 Ave 983 0.3 13.4 0.05 9 0.04 180 Max 993 2.0
      539 words
    • Article
      Who acts for whom ...
      2271 22 Who acts for whom A B AB Shipping Boustead Shpg Agencies <S) ABBS Line SMS Pte Ltd (S)/Tunas Setia (PK/KL) ABC Contamerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Line (PK/PN) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepter Oceanus Shipping Agency (S)/Multiport Sdn Bhd (PK)
      2,271 words
    • Article
      Thai port contract called off
      203 23  -  By Richard Ng THE SIGNING of the 1.78 billion baht contract to build the deep-sea port of Mab Ta Phud has been called off after government officials discovered additional funding for the project had not received Cabinet approval Industrial Estates Authority of Thailand officials who
      203 words
    • Article
      London Freights
      1029 23 A FURTHER two vessels were reported fixed to Soviet charterers for trans-Atlantic round voyages, and the Soviets are understood to be still open for further tonnage, brokers said. The US offered the Soviet Union a further 1 5 million tonnes of wheat under the Export Enhancement Programme, which
      1,029 words
    • Article
      SHIPPING LIST where your ships are due... and when
      10660 30 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      10,660 words
    • Article
      SHIPS IN PORT
      1547 34 AT CONVENTIONAL WHARVES Patembong ftoda Perkasa J8 110,11 0505,2330 0506,0800 0605/1630 06 05/2300 Berth Sri lomo No 17 17 0505,1000 OS 06/1200 Vessel Arrival Departure SPC XI 112 05 05,0830 0505,1800 KEPPEL WHARVES Smdora Serayo Jl 0505,2000 09 05/2000 Si nor Mega Jl 05 OS,0830 07 OS
      1,547 words
    • Article
      Aussie port users criticise surcharge
      502 34  -  By John Spiers THREATS to apply a port congestion surcharge by June 1 on all cargoes moving through Melbourne, Sydney and Brisbane, drew outraged criticism from Australian industries. The Australia to Europe Shipping Conference has warned exporters and the federal government that the surcharges would
      502 words
    • Article
      Port Conditions
      260 34 All surveys were conducted on April 10 ASIA Bangladesh: Chittagong 25 vessels operating. Mongla 15 vessels operating India: Calcutta and Kandla Waiting time of up to one week Tuticorin and Madras Waiting time of up to five days. Bombay and Mangalore Waiting time of two weeks Cochin Waiting
      260 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      4 21 *>y*' TIMES STP Distributors
      4 words
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      Page 21 Advertisements Column 2
      17 21 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 21 Advertisements Column 3
      578 21 -°v.^ TIMES STP Distributors m FE box traffic TOGETHER the traditional "Far East" ports handled about 15 million TEUs in 1988, representing an enormous concentration of container traffic. Port contract called off THE signing of the 1.78 billion baht contract to build the deep-sea port of Mab Ta Phud was
      578 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      148 22 LCT FOR CHARTER IMMEDIATELY AT SINGAPORE 1983 Bit LCT ABS unrestricted 1300 DWT Twinscrew Bowthruster. Vessel can rampload heavy equipment or 54 TEU containers with 8 reefer plugs, draft loaded 10 feet. Clear deckspace 450 sq/m. Can carry 1220 CBM diesel oil or combined FW/DO. Speed 10 knots on 3.5MT/day
      148 words
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      Page 22 Advertisements Column 2
      10 22 li fl™ Q Hong Kong Convention and Exhibition Centre CNj3rd-sthMayl9B9
      10 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1217 23 WW/ I f«.» C\u*l»ly in'rvut* JAROINI SMIffIMC ACINOUS 200 OitoMiMAt ffcMd 012 OS Southpomt. Smypof* OJW r« 221K11 IIIIX NO US ***** TERMINAL,CFS r«t vm\t 220 BOOKINGS T«4 DOKJ4 235 PtSAKA JAIMNC SNIfftNC ACtNCHS SON. MO PORT NiiANC m jutui r*i NO MAJW/7/MAJUOI PfNANC Til (***** TilIX NO MA4OO/3 CfS
      1,217 words
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      Page 23 Advertisements Column 2
      1080 23 •Poo 'Penang Kelang This week Marcheo M Ckwirtg Tim# CY 8/5 2300 MRS CFS 8/5 1300 HRS DESTINATIONS To California US Go?? US Ariant'r Ea*? Cana 27/5 28/5 31/5 3/6 4/6 7/6 10/6 11/6 14/6 17/6 18/6 21/6 24/6 25/6 28/6 1/7 2/7 5/7 8/7 9/7 12/7 15/7 16/7 19/7
      1,080 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      638 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BENALDER LA SEINE BENAVON TOKIO EXPRESS NIPPONCA OSAKA BAY TOLAGA BAY HEIDELBERG EXPRESS LE HAVRE 6/6 AMSTERDAM. CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG BREMERHAVEN ROAM/ ANTWERP LE HAVRE BENAVON TOKYO BAY OSAKA BAY NIPPONICA TOLAGA BAY HONGKONG EXPRESS a CONV/SEMI-CONTAINER
      638 words
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      Page 24 Advertisements Column 2
      474 24 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SODi EWfSS S£MM:OWTA#€P S£RWCE TC TAYBANK V9S COLUMBUS NIUGINI V6S SPORE In Pt Port Moresby. Lae, Rabaul. Kimbe. Alotau (Direct) 23/5 Port Moresby. Lae, Rabaul. Accepting LCL cargo for main ports discharge and alio to Wewak. Kavieng, Kieta. Honiara via Transhipment Port Kelang's
      474 words
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      Page 24 Advertisements Column 3
      1000 24 3'Wi S»Lb r_5L .>r_szs s TO EUROPE REGULAR INDEPENDENT FULL CONTAINER SERVICE NORASIA MUBARAK V 8907-3 2/5 NORASIA AL MANSOORAH VB9OB 3 10/5 JAPAN SEA 8909-3 16/5 NORASIA PEARL 8910-3 22/5 (VIA FEEDCR) PKL 3/5 11/5 17/5 23/5 Zfg&SL* a U K Destinat,ons ScandiM ,an Copenhagen, Gothenburg) ,nd other European
      1,000 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1330 25 Steamers Maritime Holdings Ltd P&O Containers CONTAINER SERVICE TO UK CONTINENT Also Accepting Corgo For: Hanturi to CoomlUftn Ajrhui. (Mtwnbur t Iblmo. Stockholm. Htlitnki. Sonterturf RottonUn Antwwp. Aiwtordjn. 0«lo. Bui* Zurich Brwwnluvtn to Bromfl to all UK tfwtinatiora, Boltait and Dublin ICONTAINERSHIP SERVICE FROM UK'CONTINENT H'burj B'luvwi R'dam Loh S'ton
      1,330 words
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      Page 25 Advertisements Column 2
      1007 25 > Tru nun vKiin i itir weekly express independent TAMI LINt far last/europe fully containerised service QUEEN S WAY BRIDGE OUW CHOYANG PARK 002W HANJIN OAKLAND 002W CHOYANG SUCCESS OUW Alto accepting for Inland UK dMtinatiom Antwerp and Scandatuvian ports CHOYANG SUCCESS OCE HANJIN TONGMAE QS7E HANJIN ROTTERDAM 0021 CHOYANG
      1,007 words
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      Page 25 Advertisements Column 3
      60 25 "J." #fc-* J EAST MALAYSIA SNIPPING EMT. (PTE) LTD 41-A AMOY STREET, S PORE 0106. TEL: 222*318 (4 LINES) TELEX NO EMVES R*****9 SINGAPORE TO SARAWAK I BRUNEI VESSEL VOY ETA ETD SRI LIKU 9/89 MIRI/K. BELAIT 10/5 11/5 Receiving cargo at M 2 (PSA Marina Wharf) from Monday to
      60 words
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      Page 25 Advertisements Column 4
      335 25 Sun Hup Co (Pte) Ltd TEL: *****06 (20 Lines) TLX R*****1 A R*****2 ft. KASTKKN LIN'KK LTD STRUTS/ JAPAN/ straits service SPECIALIST IN RO-R0 HEAVY LIFT! VOY. NO. S'pore P. Kelang Penang Hong Kong Yokohama 3/( Nagoya 1/1 Osaka 26/5 Senboku 30/5 Moji Takamatsu •For Discharging Only ASIAN CLIPPER 115
      335 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      510 26 mSINOSE MARITIME PTE LTD fnrri ISLAMIC NIPUBUC OP IflFjl IRAN SHIPPING LINKS IRANIAN SERVICE IRAN MCEAO PJ1691 Singapore Loading lor Sld BANDAR ABBAS T*YOWAI KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA VIOLET V 25 KYOWA HIBISCUS V.37 HK LOAO FOR: 29/5 GUAM, SAIPAN. HRA, VILA. NMA, LTK, SVA, PAGO.
      510 words
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      Page 26 Advertisements Column 2
      684 26 HANJIN SHIPPING CO., LTD. KI'L.I.V containerise:, service TO EUROPE VIA SUEZ QUEEN'S WAY BRIDGE 008* CHOYANC PARK OKW HANJIN OAKLAND OQ2W CHOYANC SUCCESS OOJW TO FAR EAST PORTS CHOYANC SUCCESS 007E HANJIN TONC HAE Ot/E CHOYANC CHANCE 041E FROM EUROPE VIA SUEZ CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S'PORE
      684 words
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      Page 26 Advertisements Column 3
      225 26 INTEROCEAN LINE 78, 2nd Floor, Jalan 2/71, Taman Tun Or. Ismail, *0000 KL. Tal: 71ft734, *****04. *****20 TLX. NO. MA-***** FAX: 03-7173*11 Panang Off: Tal: 3*0427, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS AUSTRALIA UK/EUROPE LOADING FOR SYO. MELB. ADC BRIS FREM LE HVE. HBG. BREMEN. R DAM. GENOA. ANTWERP.
      225 words
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      Page 26 Advertisements Column 4
      792 26 r ■aMUHMBUaMaUHMI EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Am Roa ax 26*7 vm mm mm 22m I) BAIOQA L«M 0 MONTREAL. TORONTO Vl* NEW TOM ALSO ACCEPTING CARGO TO: 1) PROVIOENCE. NEWARK SAVANNAH BOSTON PHILADELPHIA. NORFOLK JACKSONVILLE WILMINGTON. BERMUDA ETC 2) ATLANTA CHICAGO. DETROIT COLUMBUS t OTHER MAJOR
      792 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1098 27 s ■w PACIFIC INTERNATIONAL LINES i VWV PIL Building, 140 Cecil Street, *03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES ACCEPTING MURUR AN/TOM AKOM AI/HITACHI CARGO VIA HKG [JAKARTA BANGKOK XINGANQ VESSEL SEA DRAGON SEA DRAGON VOY SIN 15NB Sid 17NB 1/6 QINGDAO VESSEL SINO OCEAN SINO OCEAN CONVENTIONAL/SEMI-CONTAINER SERVICES HKG
      1,098 words
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      Page 27 Advertisements Column 2
      272 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAM B HAVtN R OAM HAVRE STON IP KLANC S POM IFO* ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORT! TASMAN ASIA SHIPPING NEW CALEDONIA, FIJI AND iti SIN MAIN LINE (TS) HKG NOUMEA SUVA AKL NAP TIM U/S
      272 words
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      Page 27 Advertisements Column 3
      482 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOTI P.T. 6ESURI LLOYD r.T. UNIKM IROORESM P.T. TMKOM LLOTI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY SRIWIJAYA/26W8 S. PANJANG/22 WB KUTAI/17WB ANTWERP H'BURG/ ROAM,ADAM BREMEN V 7 9/7 20/7 24/7 30/7 4/S Subject to Inducement. Also accepting cargo to Casablanca,
      482 words
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      Page 27 Advertisements Column 4
      352 27 BOUSTEAD SHIPPING AGENCIES PAGAN VI4IW HTONEYWA V247W PA-AN VI3BW MYANIMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok «/5Ma 1 13/15 May 21/23 Mar BANK UNE CONTAINER SERVICE NORTHBOUND to UKr FORTH BANK V24N IVYBANK V24N TAUSALA SAMOA VISN SPORE ROAM HMBG 17/5 15/6 19/6
      352 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      909 28 NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE OOCL FREEDOM Kline KAWASAKI KIShN KAISHA. LTI). N. AMCRICA-A1 COAST NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE OOCL FREEDOM N. AMERICA —PACIFIC SOUTH-WEST 11/5 18/5 26/5 1/6 MOTHER VESSEL MANHATTAN BRIDGE HENRY H BRIDGE MACKINAC BRIDGE BROOKLYN BRIDGE VOY LA/LB OAK 22 4/6 7/6 24
      909 words
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      Page 28 Advertisements Column 2
      563 28 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Suipeorc p Ktitn( Ptnanf Lotdrr* lor KALIDAS V 42 U Mj, TULSIOAS V 41 78 May J KALIDAS *43 t Juhf 3 TULSIOAS V 42 It My I Transit tan* Sinppore KWboucnt 11 3ars B» fttOti 5 Mar frain/Wtib/SfdniAdM 27 May Frem AM
      563 words
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      Page 28 Advertisements Column 3
      484 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. Tatot *»«t Street SINGAPORE 0104 TEL 5343W (10 LINCS) Fu U***** STRAITS/PERSIAN GULF SERVICE: GOLDEN BEAU CotomtxvKwadn/Oubai GOLDEN HARVEST Cotonbo/Hjrtchf 'Dutx CHINA SERVICE BAI TUN SHAN Sftanfhai Spore P. 14/11 May 2W21 Ma, P Keiang Penang CHINA OCEAN SHIPPING CO., PEKING THE
      484 words
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      Page 28 Advertisements Column 4
      531 28 p s3 PHI LI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD «07 12 AFRO ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 lihA/'.U'lli-N 11-1-: ETA SINGAPORE IDESTINATION m I MIJ! 1 'f\ m 23CESffi 771 w COLOMBO, KARACHI. BOMBAY MADRAS, CALCUTTA M.lktf NEW GENTRUST EAIT/WEIT AHUCA/MB. FCL
      531 words
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      Page 29 Advertisements Column 1
      1297 29 NIPIIM ACINOUS PU LIO QtntiM Bockinui ttwhaits IniMfd/ Imimml CIS ft tU/AUSf IPAjSIA Outwaifl *****22 ******} "*»>> imii) 2/ 85/42 2/8/844 2/-»U1 2/*MU6 2/***** 2/001 M NEPTUNE Htnm SON BHO tiap* p n i i Mwu Tfitn&l WW W0035 *****0 M'«o *****3 WMI *****4 EXPORT IMPORT mMwmmssiwmwiiM MOTHKK VSL N.
      1,297 words
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      Page 29 Advertisements Column 2
      756 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P KELANG MESSRS HAI THONG SNIPPING 127 Penang Street. Peaang. Malaysia M/S HANDLING SYSTEM CO SON
      756 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      303 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTO. 11l ii'y liHlirt 114 lnwt) FAX 77'>7»»')/7?41W/li lUM MS A/H SSI.MA. US )Hi A/H SSCAI) DSR-LINES VEB OEUTP«ACHT S6EREEOeRE PGSTQO i INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND RUEBELAND 4 89 E THAELMANN 1/89 T. WENDA IN WILHELM
      303 words
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      Page 30 Advertisements Column 2
      85 30 T.S.K. LINE WEEKLY CONTAINERISED SERVICE rtITH FIXEO OAV ARRIVAL EXPORTS TO TAIWAN JAPAN [J*****8H1Q8 OH CLH dB9 ESI d C 3 QUI CONTINENT V2l KABUKI 21 HERMES ACE V2l HAKUSAN II Vt CONTINENT V 22 KABUKI V 22 IMPORTS FROM JAPAN TAIWAN KABUKI V2l HERMES ACE 21 HAKUSAN II Vt
      85 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      157 30 Regional Weather vi at 'i -4k A u s as SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. May 5. 1969 W»fxJ direction wrtft speed »n knots LIGCND R Thurv*,*,orm yC\ A Weather W»r>d direction with speed m knots V Shower Ro,n Wo.f he,gh. Cloudy Sk* Sortoce wm<h ore indicated
      157 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      720 31 m UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT MV SINOBAD EAST BOUND SERVICE ETA S PORE LOADING FOR 5/5 S. Korea. Japan THROUGH B/Ls to 6AGHOAO UPON REQUEST ACCEPTING CONTAINERS UPTO AQABA 0A( REEFER SPACE AVAILABLE UPTO AQABA
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      306 31 S3 RICHFIELO MARINE AGENCIES |S| PTE LTO *****33 HO Un««l PAX *****1S TEIIX AS ***** RI3HIP <) i m n—i Mimun <Naf«wl t m of RMiKW ACCEPTING FCI ANI) CONVENTIONAL PCN/PKG ETA SPOftE LOADING FO« noamiTl NET SANE T 7/6 OAHESSALAAM °J |BOUTI VOV 15WB ASSAB MASSAWA. HOOCIOAH ABBAY WONZ
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      755 31 SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 ACCEPTING CARGOES FOR: BANGKOK 8/5 BUSAN 8/5 BOMBAY 7/5 COLOMBO 7/5 HONGKONG 8/5 MUARA/LABUAN/KK 6/5 KUCHING/SIBU 6/5 KOBE/NAGOYA 9/5 YOKOHAMA 9/5 LE HAVRE/HAMBURG 8/5 FELIXSTOWE/R'DAM 8/5 KEELUNG/KAOSHIUNG 7/5 FREMANTLE 19/5 SYDNEY/MELBOURNE 9/5 LONG BEACH/LOS ANGELES 11/5 NEW ZEALAND PORTS 17/5 ALSO
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      Page 31 Advertisements Column 4
      162 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE l YMIMENKO K JESPEHSEM KtUL LEUVE MAHASEM FULL CONTAINER SERVICE (ADEN/MUKELLA) NT H til IHI 03* 8/5 23'5 LJ (NOTE: DOOR TO DOOR/REEFER SERVICE AVAILABLE) CONTACT PERSONS MR ROBERT OH' HENRY/ MR JULIAN LIM/ANWAR TELEPHONE NO 224*071. *****72 TELEX/FAX NOS RS
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      77 31 sM'FARGO shipping Tel:BS4 0122 TO AUSTRALIA/NEW ZEALAND VSI BRUSSEI 224 C. VEROUK 225 ANTWtRPtN 226 TNT EXPRES 221 16 DAYS TO SYDNEY! TO USA/CANADA Also accepting cargo to USA Houston. Savannah. Tampa. Jacksonville. Wilmington (Dot) Norfolk. Baltimore Now York. Boston CANADA Montreal Toronto. St. John FROM USA/CANADA/EUROPE/MEDITERRANEAN Vsl BRUSSEL C.
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      Page 32 Advertisements Column 1
      330 32 .> V f/Transocean Marine,lnc. CONVENTIONAL LINER SERVICE FROM USA MEXICO VESSEL ETA MARINE SKY 2/6 ALLGAEO 914 15/7 LONDON PRIDE *****/7 FROM U.S.A /MEXICO USA USA. TO WEST COAST/GULF/EAST COAST PORTS VESSEL ETA ETD FOR PHILIA V9OSE 12/5 15/5 LA/OAK/VANC WASH. BC MIN JIANG V9O7E 22/5 2S/5 LAM/NFK/CHA/NOLA/HOUS SAN MATEO
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      233 32 OcerhSeruice LCL/FCL SERVICE TO/FROM operate over 600 terminals/offices in U.B.A. maintains over 35.000 tractors trucks, •erves over 60,000 points in U.S.A. offers reliable LCL/FCL services. 71 SINGAPORE a-SSTi *****22 (22 LINES) M? 213 Contact: Elaina T«o, Esther Yap. 2tS?«2« transintra shipping (Singapore) private limited x Cargo bookings Tel: *****88 (5
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      372 32 lr PEHINTIS LINE WEEKLY PULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA General Agents: ASIA PERINTIS LINES PTE LTD 80 Anson Road #25-04 IBM Towers Singapore 0206 Tel. *****33 Tli: ***** A/B PTASIA FAX A/B PTASIA FAX: *****53 CR NO **********0 C ahrenkiel liner service CON
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      Page 33 Advertisements Column 1
      579 33 Lvereu Lines COMPANIA PERUANA OE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS' WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. HUGHEVERETT MANOLOEVERETT ROSEEVERETT P. Kelang* Singapore 11/12 May 19/20 May 5/7 Jun "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN
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      Page 33 Advertisements Column 2
      338 33 L I FULL CONTAINER SMVItt «cc*t>n« TCIACI ur*m USA |*st I W*tl Cottl CjrribbMn.btt C*ntdi NAITI Cwla Mo. II tolvrfw. CwfcjMlj HonOur it Vtowu«l» Ptru, Ecuador Col—>i« *i» Tnniitf. loMh. AntifM. SI luci*. MontMrrtt. Guayan* via Kinfaton 'M Wl 'iM 'II hi il AUSTRALIA CONTAINER vessel ZIM GUAM 9/5 I'M
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      Page 33 Advertisements Column 3
      739 33 r tmiiiAYM: i *w«w IMMMMMINM LTO WEEKLY LCL/FCL SERVICE DESTINATIONS ETA SINGAPORE PORT KELANG 13 MAY MANILA 10 MAY HONG KONG. ALL CHINA PORTS 13 MAY KEELUNG. KAOHSIUNG 14 MAY BUSAN 8 MAY TOKYO. KOBE 8 MAY CHITTAGONG 13 MAY DUBAI 12 MAY SYDNEY. MELBOURNE 13 MAY BRISBANE. ADELAIDE 13
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      Page 33 Advertisements Column 4
      484 33 rL riL Liu FINK LINER SHIPPING PTE I T /O SHENTON WAY #04 0?C MARIN* MOUSf S PORE 070? TLX PS 77M1 FLINEP FAX ??S?B*> TEL: *****77 (12 LINES) EUROPE SERVICE (FCL LCL) LONDON, HAMBURG. ROTTERDAM, I 12/5, 25/5 ANTWERP, LE HARVE, FELIXSTOWE CHINA (FCL LCL) HAIKOU, GUANGZHOU, BEIJING. 12/4,
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      Page 33 Advertisements Column 5
      406 33 PTC CONTAINER LINES FCL LCI SERVICE SIN FAIEAST 14/5 KEELUNG/KAOHSIUNG 13/5 BANGKOK 14/5 MANILA 13/5 JAKARTA 13/5 PORT KELANG/PENANG 11/5 BUSAN 26/5 TOKYO/YOKO/KOBE 13/5 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EUROPE/UK 13/5 RDM/HAM/ANT/LE HAVRE/GENOA 13/5 LDN/FLX/LVP/SOU UN USA/CANADA 10/5 L.A./NYC/SFO 10/5 VANCOUVER/TORONTO/MONTREAL m Mi'Ti.'ivfnrr 14/5 SYD/MELB/ADEL/FREM 14/5
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      116 34 f«] ROCO CARRIERS NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Liner services accepting FCL containers (GP and reefer) and breakbulk cargo for both north and southbound. Heavy lift capacity upto 60 tons. Vessel S'pore Penang Lae T'ville Loading For "ANKE" VOO2SB 25-26/5 27-28/5 7/6 13/6 Lae, Townsville, Pt Moresby (via T'ville) "SAN
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      939 34 «r MilsciOSK Lines JLld FULL CONTAINER UK/CONTINENT (TRIO) Carfa fa, S C l 111 1 U#w*w. Mm to Mmrp. Aimlarfea. CW«. Stajhomi. Hal To Bromon lo *11 UK destinations. Matt tnri DuMm MEDITERRANEAN (MED CLUB) OCf AW US TOKYO OCEANUS OSAKA t Kti*( B calana Cum I*is jus l/i m
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