The Business Times, 10 May 1989

Microfilm: NL16541
Total Pages: 34
1 34 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, MAY 10, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    259 1 Dow up US share prices were stronger in morning trade yesterday, as blue chips moved to near their session highs. Traders said the market was rebounding from an oversold condition. Blue chips have closed lower for the past seven days. The Dow Jones Industrial Average rose eight
    259 words
  • Article, Illustration
    Regional markets lose ground in active trading
    228 1 REGIONAL MARKETS lost ground yesterday in active trading with the Tokyo market breaking its run of seven straight rises. In Singapore, the market closed on a slightly mixed note. The Straits Times Industrials Index lost a marginal 1.95 points to close at 1,280.57
    228 words
  • Article
    Greenback continues climb
    128 1 THE US DOLLAR continued to strengthen against major currencies in Asia's foreign exchanges yesterday despite repeated intervention by the Bank of Japan. Dealers said the American dollar's firm tone was unchanged because BOJ's intervention could not cool the current bullish sentiment on the currency. They added that
    128 words
  • Article
    Raja chides US, Japan for warlike stance in trade dispute
    496 1  -  By MARTIN SOONG FORMER Senior Minister (Prime Minister's Office) S Rajaratnam yesterday chided the "reciprocally warlike" attitude that has come to characterise the current trade dispute between the United States and Japan, and urged the two world economic superpowers to
    496 words
  • Article, Illustration
    Singapore marine bases find new lease of life
    508 1  -  OIL FIRMS STEPPING UP EXPLORATION IN THE REGION By LILIAN ANG HIGHER crude oil prices have fuelled an increase in oil drilling and exploration activities in the region, giving marine bases in Singapore a new lease of life. International oil exploration companies,
    508 words
  • Article
    Singapore's position as financial centre secure
    433 1  -  NIPPON CREDIT INTERNATIONAL REPORT By FOO CHOY PENG, Hongkong Correspondent SINGAPORE'S position as a regional financial centre is secure in spite of growing competition from Hongkong and the importance of Tokyo, according to a report by Nippon Credit International (HK). The report, comparing the
    433 words
  • Article
    Lock icon Ito calls for drastic changes
    126 1 AFP MASAYOSHI ITO yesterday raised the stakes in the choice of successor to outgoing Japanese Prime Minister Noboru Takeshita, demanding drastic changes in the practices of the ruling Liberal Democratic Party (LDP) and the promotion of a new generation of leaders. After hours of talks
    AFP  -  126 words
  • Article
    Nine vying to develop govt management accounting system
    439 1  -  By JAYARAM MENON NINE management consultancy and accounting firms are vying to develop a more efficient management accounting system for Government ministries. They are also in the running to provide training courses for government accountants and senior managers on how to work
    439 words
  • Article
    Lock icon Thai PM urges Hanoi to reveal troop positions
    135 1 AFP, AP THAI Prime Minister Chatichai Choonhavan yesterday called for Vietnamese forces in Cambodia to make known their positions before their planned withdrawal in order to make monitoring the pullout easier. Speaking to reporters in Bangkok, he called for a date to
    AFP,; AP  -  135 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      155 1 3*9 4 SBf ljj PUT ON A CROCODILE Wf A* A LEGEND IBS Commercial Property Loan The first step to buying your own business premises Our Bank understands the difficulties of starting your own business. And the major decision to finally purchase your very own premises. IBS Commercial Property Ixjan
      155 words
    • Advertisement
      Page 1 Advertisements Column 2
      249 1 Full report, PAGE 16 Regional mkts, PAGE 18 World mkts, PAGE 19 J J Editorial Comment: 10 US dollar 5 Cane, but let the classes go on Global role declining Japanese investment 10 Simex 7 A force to be reckoned with Green light for contract revision Japanese party politics 11
      249 words
    • Advertisement
      Page 1 Advertisements Column 3
      141 1 f\ CvhXwiy 0{ ExalUb^i nhermain SINCE 1888 Made in WEST GERMANY At the most attractive rates in town, The Plaza Service Apartments offer you all the comforts of home, plus the luxury of a fine hotel, plus: ideal location along Nicoll Highway near Marina Centre panoramic sea views of the
      141 words
Page thumbnail Page 2
  • HOME NEWS
    • Article
      MRT-SBS ticket system: trial expected this year
      334 2  -  Contract may be awarded later this month By JAYARAM MENON A TRIAL of the through-ticketing system which Allows a passenger to use a common ticket for both the MRT train and buses is expected to be carried out this year, according to the
      334 words
    • Article, Illustration
      PUB gets ready to receive Malaysian natural gas PUB gets ready to receive Malaysian natural gas
      353 2  -  By JOCELYN TOH PREPARATIONS are in full swing for the Public Utilities Board to receive Malaysian natural gas in 18 months. It is installing new gas turbine generators that would be put into service
      353 words
    • Article
      Construction to begin on $50m Du Pont plant
      155 2 CONSTRUCTION of American chemical giant Du Pont's $50 million plant to produce engineering polymers in Tuas begins tomorrow. The ground-breaking ceremony, at which Economic Development Board chairman Philip Yeo will be the guest of honour, will mark the start of a massive
      155 words
    • Article
      Air-India improves departure times
      277 2 FOLLOWING the successful completion of industrial negotiations between management and unions in India. Air-India has shown a "sharp improvement" in its on-time departure performance in the first quarter. The airline registered "over 90 per cent" on-time departures in March and April, including flights from Singapore. It
      277 words
    • Article, Illustration
      MEMO-PAD
      540 2 Seminars and courses May 11-12 Managing Your Job RGA Training Centre May 11-12 Successful Public Relations May 11-12 Managing the Sales Hilton Hotel Team Roger Gill Associates Pte ltd Hawksmere ltd MMS Consultancy *****60 5-*****5 *****33 May 12-13 Know More About Japanese and Japanese Businesses May 23 Secrets of
      540 words
    • Article
      Jeya reacts to rejection of appeal for pardon
      388 2 WORKERS' PARTY chief J B Jeyaretnam yesterday expressed disappointment but "no surprise" that his appeal for a presidential pardon for a conviction which cost him his seat in Parliament in 1986 has been rejected. "Of course I am disappointed at the decision
      388 words
    • Article
      Bids invited for 'tropical playground' study
      216 2 CONSULTANTS will soon descend on Singapore's Southern Islands to find out whether they can be turned into a "tropical playground of international standards". For starters, attention will be focused on Lazarus Island, Kusu, Pulau Renggit. Sisters Islands and St John's Island. Others may be
      216 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      269 3 THE Orchard Hotel Singapore has promoted ALI ALAVI as deputy general manager. Prior to this appointment, he was resident manager of the hotel. In his new role, he will be responsible for the day-to-day operations and administration of the hotel. TANDEM Computers International has made the following
      269 words
    • Article
      'Singapore needs better apprenticeship schemes'
      291 3 MORE apprenticeship schemes and on-the-job training should be introduced to prepare school leavers for working life. Making the call yesterday was Dr Tay Eng Soon, Senior Minister of State (Education), at the opening ceremony of Asean Worlddidac Expo'B9 on education materials at the World Trade
      291 words
    • Article
      Panel formed to advise VITB on retail training
      205 3 A 13-MEMBER advisory committee has been formed to advise the Vocational and Industrial Training Board (VITB) on the setting-up of a nationally recognised training scheme for the retail industry. Called the Retail Training Advisory Committee (RTAC), it will be chaired by Steven
      205 words
    • Article
      'Cabinet' meets this Friday at Safra clubhouse
      390 3  -  By ANNA TEO A POLICY to tackle traffic congestion is expected to be announced in two months' time by a new-look Cabinet to be unveiled on Friday. It is all role-play by reservists, but policy-gaming will be more than just a game for
      390 words
    • Article
      Manufacturing, services sectors optimistic
      481 3  -  Survey on business expectations By TAN KEE WEE BUSINESSMEN in both manufacturing and services sectors are generally optimistic about the economic situation in the first half of this year. This is the finding of two separate surveys on business expectations conducted in December 1968. The first
      481 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      311 2 AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE THINGS Imagine staying in the best part of Bandar Seri Begawan, right on Jalan Bendahara, in a room as spiffy as this—everyday. It sure beats living in a pokey little apartment or a
      311 words
    • Advertisement
      Page 2 Advertisements Column 2
      49 2 la collection Van Geef Arpels Raris >k< fIBBfintSSBHI SJsyS SPORTS Authorised dealers ROY EASTERN WATCH PTE LTD Tel *****39. *****35 DELUXE EASTERN WATCH PTE LTD Tel *****36/*****83 CORTINA WATCH CTR PTE LTD Tel *****85. *****71 NANKING WATCH DEALERS Tel *****04/*****58 WATCHES OF SWITZERLAND Tel *****43 BISTA (TRADING) PTE LTD
      49 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      213 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day Make this the business move for you Effective communication is the key to business success. Our courses are specially designed to help managers and professionals develop their communication skills. Let our specialists at the Business Communication Unit give you that
      213 words
    • Advertisement
      Page 3 Advertisements Column 2
      32 3 3Y03-0100 SG "it." -V V v. v L>>. Seiko Sport-Tech. The Latest Sports Fashion Statement belonged to an elite circle of athletes and w*.r.»,'P4ig£|,g Seiko co technolo R r Sj*> statement m
      32 words
Page thumbnail Page 4
  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Summit could resolve some Cambodian issues: UN chief
      633 4 UN to consider peacekeeping troops if necessary AP SOVIET AND CHINESE leaders could resolve some of the obstacles to peace in Cambodia during their historic summit next week, UN secretary-general Javier Perez de Cuellar said. The United Nations is also prepared to
      AP  -  633 words
    • Article
      Lock icon Australia's opposition partners oust leaders
      168 4 Reuter AUSTRALIA's opposition coalition Liberal and National parties yesterday elected new leaders to mount a major election challenge to the Labour government, party sources said. Andrew Peacock became Liberal Party leader after ousting John Howard by 44 votes to 27 in a noconfidence ballot among
      Reuter  -  168 words
    • Article
      Manila gets World Bank loan
      69 4 A US$3OO MILLION loan aimed at strengthening the Philippine economy by revamping the banking system was announced on Monday by the World Bank. The credit will help strengthen regulation of and confidence in the commercial banking system. The money will be disbursed in two US$l5O
      69 words
    • Article
      Lock icon Political storm hits Taiwan over ADB team's Beijing visit
      397 4 Reuter TAIWAN officials returned from an unprecedented visit to China to face questions about whether Taipei has compromised its staunch anti-Communism policy and is ready to deal officially with Beijing. A 12-member delegation led by Finance Minister Shirley Kuo arrived in
      Reuter  -  397 words
    • Article
      Lock icon 'Freedom of expression does not exist in China'
      253 4 AFP FREEDOM of expression in China does not fully exist. Culture Minister Wang Mweng has conceded, saying the situation "still leaves something to be desired", while stressing that progress had been made in the last few years. Mr Wang, who began an
      AFP  -  253 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      237 4 New York Property in Singapore! /v- i** t£. k fc&t r i I < &>* i-.'V vA_/—--— AT GREAT XfCKPIAZA 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
      237 words
    • Advertisement
      Page 4 Advertisements Column 2
      333 4 I low IjoyJs RannL can maLe yomi Laind o' iLeGlei or LomJ of iLe Manor EXECUTIVES working in Singapore tend to be very busy people. They seldom, if ever, work regular 9 to 5 hours and rarely get the chance to look after their own best interests. Take property for
      333 words
    • Advertisement
      Page 4 Advertisements Column 3
      11 4 Visit by Taiwan officials reflects growing ties with China, PAGE 11
      11 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      26 4 Doonesbury BY GARRY TRUDEAU I A SORRY. 50MB GUY ms ABOUT TOTAKB ASHOT AT MB. SO UJHAT PO YA THINK i W i titis hmss&Mi M
      26 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      83 4 El Singapore OUTLOOK: Showara over many araaa In the ••port for 24 houn prior to 7.30pm on May 9 at Max lamp 31.9 Assoc humidity 72 Min lamp 25.4 Assoc humidity M Hrs of sunshine 6.60 Rainfall In mm S.S Rainfall this mth 94.3 Rainy days Ms mth 6 Mexico
      83 words
Page thumbnail Page 5
  • Article
    DAILY AIRCRAFT MOVEMENTS
    766 5 ARRIVALS Operate r Service Loco From number time G4A GA902 1210 POG SIA SQ69 1210 BKK GlA GA950 1220 DPS/CGK MAS MH641 1230 KCH GiA GA895 1235 AMS/FRA/AUH SAB SN283 1250 BRU/BOM/BKK SIA SQ001 1250 SfO/HNL/HKG CAL <3342 1305 LUX/DXB SIA SQI07 1305 KUL SIA SQI 53
    766 words
  • REST OF THE WORLD
    • Article
      Lock icon US companies to unveil joint plan for HDTV
      393 5 FT AMERICAN electronics companies were to present their plan (or a national collaborative high definition television (HDTV) development project to Congress yesterday. The industry's eagerlyawaited report, prepared by the Boston Consulting Group, is expected to outline a plan under which industry and
      FT  -  393 words
    • Article
      Lock icon Bush to outline his Soviet policy soon
      220 5 Reuter PRESIDENT Bush's longawaited review of US policy towards the Soviet Union is now complete and he will lay out his approach to America's superpower rival in a major speech this week, the White House said on Monday. Mr Bush, who has been
      Reuter  -  220 words
    • Article
      Lock icon US firms urged to meet overseas challenge
      226 5 AP THE CHALLENGE from imports that drove Detroit car makers into a high-technology age should be taken seriously by other businesses, US Commerce Secretary Robert Mosbacher said on Monday. The government can help by pushing to end some other countries' restrictions on imports
      AP  -  226 words
    • Article
      Lock icon Global role of dollar declining, says BIS report
      483 5 Strong growth in yen and DM Reuter THE DOLLAR'S global role has shrunk steadily in the past five years and it now accounts for only just over half of lending by banks in industrialised countries, according to a study published yesterday. By
      Reuter  -  483 words
    • Article
      Lock icon West German March exports jump 9pc to record high
      349 5 IHT WEST GERMANY has announced that its exports took an unexpectedly sharp leap to a record 55.15 billion deutschemarks (U5529.07 billion) in March, up 9 per cent from February. The jump, which caused the country's stubborn merchandise trade surplus to widen
      IHT  -  349 words
    • Article
      Lock icon Dip in confidence among small UK firms: CBI study
      126 5 Reuter BUSINESS confidence among small British firms has suffered its sharpest fall for nearly seven years, according to a study published on Tuesday. The report by the Confederation of British Industry (CBI) employers' group blamed the drop partly on higher borrowing
      Reuter  -  126 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      215 5 TDRONTC Call your Travel Agent or Air Canada at *****55. A BREATH OF FRESH AIR The business person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving at Lester Pearson International Airport the following day. Air Canada In Kuala Lumpur where else but the
      215 words
Page thumbnail Page 6
  • MONEY AND EXCHANGES
    • Article
      Asian dollar market
      291 6 ASIAN dollar deposit rates closed at their opening levels after a day of quiet trading yesterday Most operators were cautious and sidelined awaiting the outcome of the US Treasury's three-day auction of a total of U5528.75 billion of threeand 10-year notes and 30year bonds which started yesterday.
      291 words
    • Article
      Lock icon Simex
      437 6 BA Futures JUNE Eurodollar futures opened two ticks lower than the overnight IMM level at 90.19 on concern over this week s treasury auction. Prices dipped further on news of Swiss Bank raising its deposit rates by 0.25 f P rom°qn ii°» S The June con,ract ranged !5l 14
      BA Futures  -  437 words
    • Article
      IMM
      202 6 IMM CURRENCIES slumped to sharp daily losses on Monday but recovered from daily and new contract lows on closing short-covering and dealer buying. Although sentiment remained bearish, speculation about when and if central banks would aggressively intervene to curb the dollar's ascent discouraged a rapid sell-off, traders said. The
      202 words
    • Article
      Comex gold/silver futures
      179 6 Gold futures on May 8 1989 100 troy ounces. USS par troy ounce Op«(l High Low SoWo May 378.50 378.50 378.50 376.90 0 80 Jim 379 50 381.40 376-50 378.40 •0.90 Jul 380.40 -0.90 Aug 383.40 385.70 381.00 382.60 -0.80 Oct 389.70 390.30 386.40 387.20 -0.80 Ok
      179 words
    • Article, Illustration
      World interest rates
      206 6 Indicates Mm average of Mm prima landing rates of 12 ma)or banks In S'poro Interbank market rates (offer/bid) on May 9 US) DM SWFC Y«o 7 dojrt t IS/16 13/14 12 J/16 3/16 6 7/16 J/16 7 3/0 1/4 4 3/0 1/4 1 fnth 1 J/16 1
      206 words
    • Article
      Options
      1332 6 CURRENCY FUTURES OPTIONS Tuesday May 9, 1989 DEUTSCHEMARK (SIMEX) Jim 88 cm Nigh Low Ms Son 4 High km M pu Low ts San SI 8 52 31 S3 79 54 10 133 S3 2 34 CAS Sap M cal High Ln *a Salt &*p W puts HWi LAW
      1,332 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      86 6 K-ii m ■H*. flh lb V V y a Thai transports fish chips with i equal care. However fragile and whatever the shape or size of your cargo, your business demands it arrives in perfect condition, on time, every time. Which means choosing an experienced and reliable airline that takes
      86 words
Page thumbnail Page 7
  • BANKING AND FINANCE
    • Article
      Forex markets
      1413 7 SINGAPORE: Bundesbank president Poehl's remarks that the US dollar's strength was remarkable given US trade imbalances but that "we will have to live with it" reinforced market perceptions that the G-7 had indeed raised its target zones for the US dollar. In particular, the absence of ceatral bank
      1,413 words
    • Article
      Goverment Securities Market
      114 7 Treasury bills Period issue Yesterday's closing Day 's code Maturity BIO OFFER HIGH LOW 3 months BQ*****S 03.08.89 4.29 4.24 4.28 4.28 6 months BS*****N 27 08.89 4.27 4.22 4.25 4.23 1 year BY*****H 23.11.89 4.24 4.19 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      114 words
    • Article
      Money markets
      73 7 f > S$ Interbank rates at the close yesterday OfFER BIO Over night 5 1/4 5 1/8 1 -month S 5/16 5 3/16 2 month 5 5/16 5 3/16 3-month 5 3/8 5 1/4 Overnight mode: 5 3/8 THE OVERNIGHT RATE on the Singapore money market (ell by
      73 words
    • Article
      Second delivery of high sulphur fuel oil
      197 7 THE Singapore International Monetary Exchange (Simex) last night announced the second delivery of its high sulphur fuel oil (HSFO). This delivery of 305 lots of 100 tonnes each will be made on May 31. After launching the fuel oil contract on Feb 22,
      197 words
    • Article
      Lock icon Oslo bonds open to foreigners
      143 7 Reuter THE Norwegian bond market was reopened for foreign investors yesterday. The overnight rate, at which the central bank lends to commercial banks, was cut to 10.5 per cent from 11 per cent with effect from the start of business yesterday. The bond market was
      Reuter  -  143 words
    • Article, Illustration
      Go-ahead for revision of Simex gold contract
      427 7  -  By SOH TIANG KENG, Financial Correspondent THE BOARD of the Singapore International Monetary Exchange has given the go-ahead for the revision of the gold futures contract. The Simex gold contracts committee. which drew up the revisions. is working out the details for the
      427 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      342 7 GOOD IDEAS KEEP COMING UP Once agfain, Sharp wins th e awards in copiers. l m, V-880G *4 ;-Ni? >* J3I What to Buy for Business June i'Wtf SF-8800: 40 cpm Maximum A3 size Auto paper size/copy ratio selection Large LCD with easy operating instructions 151-step zoom copying from 50%
      342 words
Page thumbnail Page 8
  • COMMODITIES
    • Article
      Lock icon NY probe focuses on information sharing
      438 8 NYT THE criminal investigation of trading practices at four New York commodity exchanges is examining whether brokers and traders illegally shared information about customer orders, allowing them to make trades before the orders changed market prices, people involved in the inquiry said on Monday.
      NYT  -  438 words
    • Article
      Lock icon Oil futures fall to two-month low
      338 8 AP REPORTS of over-production by Opec member nations knocked oil futures prices to their lowest levels in nearly two months on Monday. The contract for June delivery of West Texas Intermediate, the benchmark grade of US crude oil, fell 58 cents to U5519.44 a
      AP  -  338 words
    • Article
      Lock icon Study on Chinese aluminium project
      159 8 AFP THE US has agreed to study the feasibility of a US$2 billion aluminium project in China only months after Australian interests abandoned a separate project amid clashes with Chinese authorities. The US$l.5 million study will focus on how to arrange commercial finance for the
      AFP  -  159 words
    • Article
      Rubber
      199 8 SINGAPORE: Rubber prices closed higher yesterday with June 1 RSS buyer quoted at 196.25 cents a kg, up one cent from last Friday's close. Dealers said prices rose slightly in the afternoon on some short-covering interest. Trading was quiet with most operators keeping to the sidelines in the absence
      199 words
    • Article
      RAS
      157 8 RAS prices in S cents/kg, FOB in bales noon close Buyers Sellers Buyers Sellers Inf 1 RSS Prompt 198.50 I99.50N 198.75 199 75IM ln» 1 RSS June 89 196.00 197.00N 196.25 197 25N ,95n ,9 6- 7 5N 196.75 197.00N OP 192.50 I94.50N 192.50 I94.50N lot 3 RSS OP
      157 words
    • Article
      SSR
      30 8 (cams/kg) RAS SS8 30 SSK 50 JUNE 1989 (current month) NOON Setter! 169.00 171 OON 167.00 169 OON JUIY 1989 (forward month) NOON fc/yeo Sellers 169.00 171.OON 167.00 I69.00N
      30 words
    • Article
      Lock icon Soybean
      166 8 Reuter CHICAGO Board of Trade soybean futures closed higher in the spot May on small deliveries and tight available supplies on Monday, while forecasts for normal rains kept new crop weak, traders said. Settlements ranged from up five cents per bushel in May at US$7 64% to down US$l2%
      Reuter  -  166 words
    • Article
      Lock icon Wheat
      179 8 Reuter > CHICAGO Board of Trade soft red winter (SRW) wheat futures eased in sympathy with weakness in the market-leading Kansas City hard red winter wheat market on Monday, settling 1% cents per bushel lower in December to up 'A cent in distant May Rumours that the Soviet Union
      Reuter  -  179 words
    • Article
      Lock icon Crude Oil end Products
      186 8 Telerate FUEL OIL trading was quiet yesterday, both in the cash and futures market in Singapore. Near-term market sentiment was bearish with potential downward movement in prices seen. Sellers of CST-180 were still holding out at US$99-US$lOO tonne fob Sing levels. Limited buying interest was noted
      Telerate  -  186 words
    • Article
      Palm Oil
      37 8 ROTTERDAM: doling prfcm on May 8 Potm oft crud* Sumatra/M'rio opHon (USS/tann*) *oy 41 (Mr WS* 40 5 sir PoWn oil >60 FOB |M|/tom) Moy unq iun unq own no FOft (MS/tonrw) unq M/S«p unq
      37 words
    • Article
      London Markets
      264 8 London Commodity Exchange Buyer/Seller closing prices on May 8 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London May 1201/1209 (1210/1179) High/Low 1179/318 July 1125/1125 (1127/1130 High/Low 1130/1118 Soles (2069) Cocoa May 694/693 (695/695) High/Low 690/666 July 709/709 (710/720) High/Low 701/2205
      264 words
    • Article
      Precious Metals
      360 8 HONGKONG: Gold closed slightly lower in thin and directionless trade yesterday. Dealers noted light European and Swiss activity in the afternoon, allied with some physical demand from local investors, but they said the firm US dollar and a fall in crude oil prices depressed the metal. Bullion ended
      360 words
    • Article
      Produce Prices
      194 8 Chinese Produce Closing prices on May 9 Exchange Coconut oil (MS/100kg) Sellers' noon doting prices on New drums Closed May 9 (SS/100 kg) 2nd hand drums Closed Coconut oil Bulk Local in bulk Closed Bulk FOB 103.00 Closed Old drum FOB New drum FOB 113.00 117.00 Copra (MS/100kg)
      194 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      149 8 "Why is KLM always expanding its business connections?" ss u ST f KLM FLIES TO 138 DESTINATIONS ON 6 CONTINENTS. to be ready t our fe* axgsgtie --iIAtAL When your business is on the move, you need an airline that keeps up.That's why KLM continuously expands its network offering flights
      149 words
    • Advertisement
      Page 8 Advertisements Column 2
      153 8 TSwwTfj The freshest seafood and choicest meats are barbecued to perfection whilst you enjoy the latest fashions by Ivor's models. Priced at only $22.00 per person, the Show begins at 8 pm. BALLROOM T«m asek (Level 3) Witness a cultural experience every Wednesday from Bpm. Featuring Malay, Chinese and Indian
      153 words
Page thumbnail Page 9
  • FOCUS
    • Article
      Lock icon Global topics on agenda not so Utopian after all
      804 9  -  Transnational and global issues will be among the topics to be discussed by US Secretary of State James Baker and Soviet Foreign Minister Eduard Shevardnadze in Moscow today. Thomas L Friedman and Richard M Gardner keep tabs on developments in US-Soviet
      IHT  -  804 words
    • Article
      Lock icon 'Third World clients too expensive'
      846 9 NYT THERE is a new sound coming from the Third World the sound of superpowers pulling up stakes. From Afghanistan to Syria to Cambodia to Ethiopia to Angola to Nicaragua, both the United States and the Soviet Union are looking for the exits. And as
      NYT  -  846 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      55 9 -k -sk- FAS'IHIMARPKISjI Speoaiists infi*« Hand-knotted Carpets r, Wednesday. May 10.1989 Grand Ballroom Hilton International Singapore Viewing a cocktails: 4pm 7pm Auction Sale: 7pm 830pm Auctioneers: Cheong Koon Seng (CKS) Auctioneers Valuers Pte Ltd I 3 HOI sm sm era I ma import Vots_^ Showroom: #03 28 Raffles City Shopping
      55 words
    • Advertisement
      Page 9 Advertisements Column 2
      113 9 "7^ Step into the office of any chairman in Singapore and chances are you'll find him sitting behind a Oiethelm desk. You'd do a lot better if you stepped into our showroom though. Because there, on the first floor of the Treasury Building, you'll find every desk in the Diethelm
      113 words
Page thumbnail Page 10
  • PERSPECTIVE
    • Article
      Cane, but let the classes go on
      565 10 BUSINESS TIMES WEDNESDAY, MAY 10, 1989 THE IMMEDIATE reason for President Roh TaeWoo's decision to crack down on student and labour protests is the tragic death last week of six policemen at the hands of radical students in Pusan city That incident, unexpected
      565 words
    • Article, Illustration
      Tokyo tycoon seeks S'pore connection
      1575 10  -  Japanese property tycoon Harunori Takahashi hit the headlines in Singapore recently when he offered to buy the Goodwood Park and its three sister hotels in a billion-odd dollar deal that is still pending. But his interest in a Singapore connection forms only part of his
      1,575 words
    • Article
      Lock icon Irish successes beyond the Emerald Isle
      573 10 Reuter WHAT DO aircraft, beef and cardboard boxes have in common? Answer a new breed of Irish entrepreneurs eager to expand their corporate frontiers beyond the "Emerald Isle" and onto the international stage. Tony Ryan, son of a Tipperary railwayman, has built up the
      Reuter  -  573 words
    • Article, Illustration
      Lock icon Takako Doi: Japan's premier woman
      920 11 NYT WITH A confident voice and a jab of her hand. Takako Doi sounds and looks persuasive when condemning the money and greed in national politics. Less certain is whether the Japanese political world is prepared for the leadership of Miss Doi. It seems now,
      NYT  -  920 words
    • Article
      Lock icon Peronists expect triumphant return in elections
      584 11 Reuter ARGENTINA'S Peronists expect to win the forthcoming general elections and return in triumph to the Casa Rosada, the pink government house from which they were expelled by a military coup 13 years ago. Party faithful consider the Casa Rosada and the balcony from
      Reuter  -  584 words
    • Article, Illustration
      Lock icon Visit by Taiwan official reflects growing ties with China
      838 11 NYT CHINA'S six-decade civil war may be ending. The bearer of the olive branch was Shirley Kuo, Finance Minister in the Taiwan government, who last week became the first Nationalist official to return to China since the Communist victory in 1949.
      NYT  -  838 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      158 10 How fast can you start again if these records are suddenly destroyed! <1 ®L£9t Two months f Three months Or a year The process of withering lost information can be paintul and tedious. Worse, it vital information cannot l>e retrieved and your business suffers as a All these can Ix*
      158 words
    • Advertisement
      Page 10 Advertisements Column 2
      167 10 At Trader Vic's our Businessman's Lunch has a distinct flavour > r J M i J 4 A* ms TRACER VIC'S RESTAURANT of San Francisco (Level 5) At Trader Vies we offer daily a 3-course Businessman's Set Lunch for only $17.00 which we think, youll find superb value for money.
      167 words
  • Page 10 Miscellaneous
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      136 11 -*cr .-r r- ,*r; y -in.". v, I S%»3h $rB#lj ,M S& v i; v *b P* v t £"MS I?\A 1 > v»# i'*, ,< <* K1» s rJ&tiZZm '<~e£rljl£Sl *t|£ v ->;< lllTr^r'S!?*Bft. ■>■? 'w»f**r.liS tiS A". V. *1 'M r ii'wHHHn ill MP i 1 -jii i
      136 words
Page thumbnail Page 12
  • LEISURE
    • Article, Illustration
      Lock icon England's pub scene in for major change
      794 12 NYT AFTER applying its free-market doctrines to virtually every other facet of national life, the Conservative government of Margaret Thatcher has finally worked its way to the most revered of British institutions: the pub. In March, after a two-and-a-half year investigation, the government's
      NYT  -  794 words
    • Article, Illustration
      Lock icon Ballet Theatre — true to the past, open to the future
      605 13 Ballet Theatre true to the past, open to the future DANCE NYT LOOKING AHEAD to its 50th anniversary next year, the American Ballet Theatre ushered in its spring season on Monday with a mammoth new production of Swan Lake at New York's Metropolitan Opera House. It also has a new
      NYT  -  605 words
    • Article, Illustration
      Lock icon Paris pays tribute to its first shopping malls
      995 13  -  EXHIBITIONS By MARY BLUME IHT SINCE Parisians live fashion, they tend to connect it with events. When the first giraffe came to the Jardin des Plantes in 1827, women adopted a towering corkscrew hairstyle a la girafe, and this spring, Elle magazine
      IHT  -  995 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      268 12 Where to entertain... Where to entertain... Where to entertain... Where to ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANtiniKß IS THE CHOICE OF MAIN CXXRSFS. PALM For between $26+ and $40+ r"mi I y <)U can se ect f rom our appetiser VJIXIIJ. buffet
      268 words
    • Advertisement
      Page 12 Advertisements Column 2
      102 12 For that special day, Ming Court Hotel f TNJ is proud to present 2 special Buffets for her... c> CP Ming Palace Restaurant Special Dian Xin Lunch Buffet v Adults- S$ 15.00++ Children under 12 5511.50 CoffeePot Nasi Padang Buffet specially prepared by Muslim Chef Adults Ss2o.oo+ Children under 12
      102 words
    • Advertisement
      Page 12 Advertisements Column 3
      163 12 It's a small, small, small, small, small, small world l FROM HAWAII TO SINGAPORE WITH FOOD. ITALIAN STYLE CHEF PECARARO hawaii-based italian chef Try It* Pecararo Italian Hawaiian taste only from May 1, to May 14, 1989 PETE'S PLACE DONATE LLO'S HWT RB3CNCYOSNGAPORE BAR THE GREAT BEER GIVEAWAY Beer drinking
      163 words
    • Advertisement
      Page 12 Advertisements Column 4
      246 12 Hainanese Buffet 1 15 May There's more to Hainanese food than just chicken rice. Try pork chop, mutton stew, satay with pineapple sauce and other Hainanese favourites. Lunch or Dinner Adults: $14.50 Children: $9.00 <3 Cafe Plaza 0 Plaza Hotel SINCAPOBf A ARM •COt OUHt UL*l*«yi!tNG Beach Road. Singapore 0719
      246 words
    • Advertisement
      Page 12 Advertisements Column 5
      216 12 grxyß May 14, '89 Mandarin Ballroom £V «v m \(S 111 UN°°* 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
      216 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      193 13 entertain..,. H Every second's on-the-house! The Fountain Lounge is (lowing with the good times. Between 5 and 8 pm daily, for every drink you order you get your next FREE. And bottle purchases are at 25% less. There's no happier time to enjoy your favourite drinks and some of the
      193 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      663 13 CRYPTIC PUZZLE ACROSS 1 A woman's trophy? (5) 6 A ring in a square, naturally? (5) 9 It's always there to be played (7) 10 Work hard at surgery (5) 11 Prepare to fight for a back-number (5) 12 The Spitfire, obviously, was no such aircraft (5) 13 Dog with
      663 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1380 13 TV and RADIO f V 7 i 4. grt i/ OUR CHOICE GREASE 1, 12.05 am, Ch 5 SBC has kindly slotted in a repeat to kill the time before the live' telecast from Bern of the European Cup Winners' Cup Final at 2.15 am. Catch the fresh-faced and pre-burnt-out
      1,380 words
Page thumbnail Page 14
  • SPORTS
    • Article
      Guinness race back on the streets
      413 14  -  RUNNING By CHARLES SAVAGE THE OLDEST COMPETITIVE street run in Singapore, the annual Guinness Road Race, takes to bitumen for the sixth time on June 6, beginning and ending at Marina Square. About 5,000 runners, equalling the record set in 1987, are expected to
      413 words
    • Article
      Lock icon Nelson looking forward to bountiful summer
      467 14 GOLF UPI JODIE MUDD's victory at the Byron Nelson Golf Classic has solidified his place in the top echelon of the US PGA tour. And Larry Nelson's second-place finish signalled a victory of another sort. Only two players. Seve Ballesteros and Tom Watson, have
      UPI  -  467 words
    • Article
      Lock icon Mears clocks unofficial Indy record
      110 14 MOTOR RACING AP RICK MEARS, methodically working up speed on a cool and overcast day. shattered his own unofficial track record in Indianapolis on Monday with a lap of 363.272 kph in a duel with teammate Al Unser during practice for the May 28 Indianapolis
      AP  -  110 words
    • Article, Illustration
      Lock icon Lendl romps to third Champions title
      347 14 TENNIS AP IVAN LENDL, wearing sweatpants to stay warm, routed unseeded Jaime Yzaga of Peru 6-2, 6-1 on Monday to win his third Tournament of Champions tennis title. The world's top-ranked player beat Yzaga in 70 minutes on another chilly, windy day at the
      AP  -  347 words
    • Article
      Lock icon Sabatini looks set to conquer Rome
      229 14 AP ARGENTINA'S Gabriela Sabatini is so heavy a favourite in the US$3OO,OOO Italian Open women's tournament that the first two days of tennis in Rome risk being remembered as a bland prologue to her entrance. Sabatini, ranked third in the world behind Steffi Graf
      AP  -  229 words
    • Article
      Lock icon War of words erupts ahead of title fight
      286 14 BOXING AFP. AP HEROL GRAHAM promised to let his hands do the talking in his World Boxing Association middleweight title fight with Mike McCallum in London today after the Jamaican's trainer attempted to rile him on Monday. Eddie Futch, a 77-year-old American
      AFP.; AP  -  286 words
    • Article
      Lock icon Top IOC official admits not asking about drugs
      381 14 THE BEN JOHNSON INQUIRY AP RICHARD POUND, a lawyer and vice-president of the International Olympic Committee, has admitted that he did not ask Ben Johnson whether he was on drugs before arguing the sprinter's case before the lOC at the Olympics in
      AP  -  381 words
    • Article, Illustration
      Lock icon Belgian wins with a little help from his friends
      258 14 CYCLING Reuter ERIC VANDERAERDEN of Belgium used his teammates' help and a late sprint on Monday to win a cold, windy third stage of the Tour de Trump. Vanderaerden, 27, of Herkdested, Belgium, crossed the finish line in five hours. 30
      Reuter  -  258 words
    • Article
      Lock icon Delgado wins Tour stage
      123 14 AP SPAIN'S Pedro Oelgado won the 15th leg of the 44th Tour of Spam cycling race on Monday and Colombian Martin Farfan became the new overall leader Delgado, winner of the 1988 Tour of France and the 1985 Vuelta, covered the 24.8-km leg in 53 minutes
      AP  -  123 words
    • Article, Illustration
      Lock icon Reserve Award caps career for Suns forward
      381 14 BASKETBALL AP PHOENIX SUNS forward Eddie Johnson, named winner of the NBA s Sixth Man Award honouring non-starting players, on Monday said the honour capped the best season of his eight-year pro career on and off the court. "It's been a great year,
      AP  -  381 words
    • Article
      BONDS, LOANS & WARRANTS
      540 14 BONDS, LOANS WARRANTS Company Eiptry maturity date Coupon <%> CK Tang Wrts *****990 Choon Hup Wrts 1991 City Dev Bonds 1994 5'/4 City Dew Wrts 1992 G Corp CULS 1989 10 G Cofp CULS 93 1993 8% H Prop Bonds H Prop Wrts 1993 1993 4 H Toi-Pon Wrts 1992
      540 words
Page thumbnail Page 15
  • COMPANIES & STOCK MARKETS
    • Article
      JC-MPH turns in its best results
      626 15  -  By AMY BALAN AUSTRALIA has proved to be a goldmine after all for entrepreneur Jack Chia. Yesterday, his publicly-listed vehicle Jack Chia-MPH Ltd reported its best-ever results, thanks largely to "impressive" contributions from subsidiaries Jack Chia (Australia) Ltd (JCAL) and the UK-based Cannons group.
      626 words
    • Article
      Lock icon No deadline for Ka Wah Bank debt recovery, says HK official
      229 15 AFP THERE IS no deadline for the Hongkong government's efforts to recover bad loans of the local Ka Wah Bank though a full debt recovery is unlikely, Secretary for Monetary Affairs David Nendick said yesterday. Ka Wah nearly collapsed
      AFP  -  229 words
    • Article
      Tai-Pan still negotiating sale of flagship hotel
      323 15 HOTEL Tai-Pan Ltd (HTP) is still negotiating with prospective buyers of its flagship hotel, the Tai-Pan Ramada Hotel in Victoria Street. At a press briefing yesterday to explain the group's results, HTP chairman Jack Chia confirmed that "several approaches'' to purchase the hotel
      323 words
    • Article
      Singatronics to sell healthcare products to Europe
      408 15 SESDAQ-LISTED Singatronics, which will be making its big move to a new $15 million headquarters later this year, is looking into alternative product lines, to widen its base beyond computer-related industries. Disclosing this in its latest annual report, chairman Eddie Foo also said
      408 words
    • Article, Illustration
      National Iron to make presence felt in region
      701 15  -  Group seeking to broaden income base By KEVIN GWEE NATIONAL IRON STEEL Mills Ltd is strengthening its business presence in the region, particularly in Mslaysia, through further investments in steel and related products. In its 1988 annual report, chairman Yeo Seng Teck
      701 words
    • Article, Illustration
      Straits Steamship eyes Russian ventures
      490 15 STRAITS STEAMSHIP Company Ltd is venturing into hotel and commercial property development in Russia, chairman Sim Kee Boon said yesterday at the signing ceremony for the company's $150 million loan stock with warrants. According to Mr Sim, Straits Steamship has approached the Russian authorities about
      490 words
    • Article
      Inchcape sees growth in motor sector
      408 15  -  By WILLIAM CHIA INCHCAPE BHD is expecting future growth in its motor sector to come from supporting services, other than new car sales. The company said in its 1968 annual report, released yesterday, that these services involve finance, service, parts and accessories, insurance and
      408 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      105 15 Computer Literacy Course For All Employees At No Charge" Worker training programme being conducted We have a leading team of highly qualified and, licensed trainers by the National Productivity Board (NPB) to train employees on CORE SKILLS FOR EFFECTIVENESS AND CHANGE (COSEC), a training programme specially designed by NPB and
      105 words
    • Advertisement
      Page 15 Advertisements Column 2
      85 15 CURRENCY INVESTMENT A MIRK I \|'Kl ss It \\K TEL: 321 3333 U5540,000,000 Negotiable Capped Floating Rate U.S. Dollar Certificate of Deposit due Ist November, 1990 The Sanwa Bank Limited In accordance with the provisions of the Certificates, notice is hereby given that for the three month interest period from
      85 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      36 15 cwMßomm by Martell "yer r?/&e£/WMTG "s rU/Mt 77/&/ZS? 4 /e/&/rS££ /7 *e tf£' £47&?,Jf7£7?/6M>#/M6 AA/0 AW £I£S?ZP ruesyeooL£'*f. zwr /*£s&&£"&r?//e££'M3*/r&6. y^ £*&*&s W& *U- AU-/WWd>£Ks..." l«/A£ AZ7VAU*/MP&S&Z £C//~£VgA/ > > &4/#£??/ m H. /If? \Vv wv (7?: P
      36 words
Page thumbnail Page 16
  • SES
    • Article, Illustration
      Investors' attention shifts to Malaysian lower liners
      988 16  -  -by i HERMAN PHUA WITH the Kuala Lumpur Stock Exchange still closed for the Hari Raya holidays yesterday, the local stock market ended an active day with prices closing mixed. The Straits Times Industrials Index slipped a marginal 1.95 points to close at
      988 words
    • Article
      Unit trusts
      332 16 Managers' prices OCBC-SIMBL Investment for May 10 Savers Copitol Fund 0 98 102 Savers Trust Fund 097 1 01 Singapore Unit Trust The Commerce 1 IS 122 OUB Investment Mgt Union Global Fund@ 08/ 091* The Savings Fund S pore Prog Fund 0.98 0.45 104 049 S pore
      332 words
    • Article
      COMPANY MEETINGS
      45 16 AJINOMOTO (MALAYSIA) BHD: 28th AGM at the Registered Office, Lot 5710, Jalan Kuchai Lama. Petaling, ***** Kuala Lumpur, today at 3.00 pm. KAMUNTING CORPORATION BHD: EGM at Johore Room. Shangri-La Hotel, No. 11, Jalan Sultan Ismail. ***** Kuala Lumpur, today at 10.00 am.
      45 words
    • Article
      SES SHARE INFORMATION-SES SHARE INFO
      6230 16 1989 High Low Tel Code Company Last Sale MAY 09 orVol (000) Oay High Low Last Quote Buyer Seller Gr'e Div Div C'vr Qr's Y'ld Net P/E M Cap $mil SESDAQ 168 93 180 70% 94 100 101 82% 190 91% 104 141 100 87%
      6,230 words
  • Page 16 Advertisements
Page thumbnail Page 17
  • KLSE
    • Article
      KLI submits revamp scheme for approval
      712 17  -  Plan includes Ms4om cash injection by HK company By P Y Chin FINANCIALLY-STRAPPED Kuala Lumpur Industries Bhd (KLI), the listed flagship of property developer Oatuk Wong Kee Tat, has submitted a restructuring scheme to the authorities for approval. The scheme comprises: an injection of
      712 words
    • Article
      DIVIDENDS ANNOUNCED
      1453 17 Current payment El dale Boofce cloee Dele payable Total la the yeai r Total lor r last year A ft N ■4S% Moy 2 Moy 10 28% 27% A Enterprises 6%in Moy 3 May IB iun 8 11% "0% A|'r>omotO •0% Apr 24 Moy 10 Moy 25 10%
      1,453 words
    • Article
      Lock icon UEM expects even better year ahead
      234 17 NST UNITED ENGINEERS (Malaysia) Bhd (UEM). which reported a six-fold jump in group earnings to M 546.84 million for the year ended Dec 31, 1988, is expecting a more exciting year with benefits coming from the full year's operation of Projek Lebuhraya UtaraSeletan (Plus).
      NST  -  234 words
    • Article
      APPROVED ISSUES
      118 17 Company RIGHTS ISSUE George Town Three lor two $1 00 per shore En date: Morch 13 Boot? close: March 28 Acceptance Payment May 12 Guthrie GTS Three lor one of $020 shore $022 eoch with two $0 20 noeiinol loon stocks and four TSts Ex date: April 12
      118 words
    • Article
      PROPOSED ISSUES
      405 17 Company RIGHTS ISSUE Alcorn Proposed capital reduction Iron MJ8I 56 to M) 16 31m through a write down of M$l par volue to M$020. followed by the consolidation ol live ol the 20-sen share into one shore ol M$l eoch Sights issue ol three tor one M$0 80
      405 words
Page thumbnail Page 18
  • REGIONAL MARKETS
    • Article
      Lock icon Chinese, Taiwan firms form airline
      644 18 Joint venture based in Hongkong AFP BUSINESS INTERESTS in China and Taiwan have joined forces to form a new Hongkong-based passenger airline, Formosa Airlines Ltd, which, its directors say, will eventually be a major regional force. Formosa will not be a Mickey Mouse airline and
      AFP  -  644 words
    • Article
      Lock icon 'Ceramic tiles industry in M'sia heading for a boom'
      421 18 Bernama CERAMIC TILES manufacturing, an industry which is dependent on the construction and housing sectors, is set for boom times again after being in the doldrums in the last few years, said an official of a new ceramic tiles firm. Oatuk
      Bernama  -  421 words
    • Article
      Lock icon Harris to spend another M$17m on expansion
      262 18 Bernama HARRIS MALAYSIA, a subsidiary of Harris Semiconductor of Melbourne, Florida, US, is to invest a further Msl7 million to expand its Malaysian manufacturing facilities. Vice-president and general manager of Harris Semiconductor's manufacturing division, Mr Russell Morcom, said in a statement last Saturday
      Bernama  -  262 words
    • Article, Illustration
      Lock icon Stocks close lower
      555 18 Tokyo Reuter TOKYO share prices closed lower yesterday, snapping a string of seven straight rises. Recent gains in share prices and the dollar encouraged profit-taking. The dollar edged briefly past 135 yen, entering an area brokers said could prompt the Bank of Japan to raise the discount
      Reuter  -  555 words
    • Article, Illustration
      Lock icon Market down sharply
      441 18 Australia Reuter FALLS across the board led the Australian share market sharply lower by the close of floor trading yesterday. The All Ordinaries Index was off 11.5 points at 1.500.8. Brokers said profit-tak-ing was a factor in most sectors but especially among leading industrial stocks, as investors
      Reuter  -  441 words
    • Article, Illustration
      Shares finish down in choppy trade
      1387 18 Hongkong HONGKONG share prices closed lower yesterday after see-sawing throughout the day on moderate turnover. The Hang Seng index shed 6.29 points to end at 3.262.25. Profit-taking pushed the index lower in early trade, but it later retrieved losses to close 9.21 points up
      1,387 words
    • Article
      Lock icon Seoul: Individual buying
      182 18 Reuter SEOUL STOCKS bounced back in continued light trading yesterday as aggressive individual purchases won over institutions still worried about liquidity, brokers said. The composite index rose 5.50 points near the close to end at 950.00. Turnover was a light 235.7 billion won from 230.8 billion at
      Reuter  -  182 words
    • Article
      Lock icon New Zealand: Slightly firmer
      151 18 Reuter THE NEW ZEALAND share market firmed slightly yesterday on continuing overseas demand and continued offshore buying should see the 2.000 point rechallenged shortly, brokers said. The Barclays index climbed 7.32 points to 1.988 "It was dominated from offshore." a broker said. "But I'm not calling
      Reuter  -  151 words
    • Article
      Lock icon Manila: Narrowly mixed
      185 18 Reuter PHILIPPINE share prices closed narrowly mixed yesterday as mild profittaking in mines pulled the main share average down, but commercial issues rose on interest generated by strong market fundamentals, brokers said. The Manila Stock Exchange composite index slipped to 1,039 41 points or marginally off a
      Reuter  -  185 words
    • Article
      Lock icon Taipei: Index edges down
      394 18 Reuter THE TAIWANESE stock index edged marginally lower at the close yesterday after a run of profit-taking wiped out earlier gains, dealers said. The weighted index lost 3.19 points, or 0.04 per cent, to finish at 8,476.92 compared with Monday s 8,480.11 close and a high
      Reuter  -  394 words
    • Article
      Lock icon Bangkok: Index down
      132 18 Reuter THE Securities Exchange of Thailand Index fell 4.29 points to 515.44 yesterday on turnover of 22,594,573 shares worth 1,531.69 million baht. s t IAMT Ao Khun Thai 402 •12 38 30 -1.28 n■ fi n L MngHOR Agronnc 71 •1 DtfWO" MfW BanfcOf Avydhya Charoong Thai
      Reuter  -  132 words
  • Page 18 Advertisements
Page thumbnail Page 19
  • WORLD MARKETS
    • Article, Illustration
      Lock icon Blue chips retreat further
      856 19 New York Reuter A LACK of investor interest in the face of economic uncertainty sent Wall Street stocks into further retreat on Monday. Analysts said investors were troubled by the latest employment report, which contained conflicting data about the pace of the US economy. "There was
      Reuter  -  856 words
    • Article, Illustration
      Lock icon Equities open firm
      1008 19 London Reuter SHARE PRICES in London were firm at the opening yesterday in fairly low volume One trader said, "Wall Street, although weaker, did better than expected and we've had some good company results." Consolidated Gold Fields was 10p up at 1,328 after 1,345 p. The UK
      Reuter  -  1,008 words
    • Article
      Lock icon EUROPEAN MARKETS ROUNDUP
      1505 19 Reuter MILAN: Italian shares pared their earlier gains in late trading yesterday, with volume little more than 100 billion lire due partly to nervousness over the insolvency of the Giugni brothers' broking businesses, dealers said. The MIB index ended the session 0.10 per cent higher, after having
      Reuter  -  1,505 words
    • Article
      Lock icon Nabisco to sell five European food firms
      209 19 Reuter RJR NABISCO Inc is putting up for sale five European food businesses which had aggregate revenues last year equivalent to US$l.2 billion. It said the businesses, three in Britain and one each in France and Italy, are being offered for sale separately
      Reuter  -  209 words
    • Article
      Lock icon Cons Gold told to stop court action
      506 19 Panel insists on shareholder approval Reuter BRITAIN'S Takeover Panel has insisted that Consolidated Gold Fields pic obtain shareholder approval to continue its US court action against Minerals and Resources Corp Ltd (Minorco). The panel said in a statement it would extend the bid
      Reuter  -  506 words
    • Article
      Lock icon WPP negotiating to prevent US$800m Ogilvy bid from turning hostile
      577 19 Reuter BRITISH ADVERTISER WPP Group pic, wary of a backlash from shareholders and advertisers, hopes to keep its US$BOO million bid for Ogilvy Group Inc from turning hostile, industry analysts said. WPP on Monday said it raised its proposed bid
      Reuter  -  577 words
    • Article
      Lock icon Fairchild Industries accepts Banner's takeover offer
      366 19 NYT SURRENDERING after a five-month struggle to remain independent. Fairchild Industries has agreed to be acquired by Banner Industries for US$lB a share in cash, or a total of about US$265 million. Banner is also assuming Fairchild's debt of USSI36 million, bringing the total
      NYT  -  366 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      39 19 The Paris market was closed on Monday A particularly handy dictionary for everyday use. For quick and easy reference go for the Chambers Pocket Dictionary. 1)00 definitions .13 (MM) references Hardback Edition Available at all good bookshops STP Distributors
      39 words
    • Advertisement
      Page 19 Advertisements Column 2
      458 19 NOTICES r HOCK CHYE HUAT (PTE) LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN PURSUANT TO Section 308(2) of The Companies Act. Cap 50 that the Final Meeting of the Members of the abovenamed company will be held at the office of M/s Hen? Lee
      458 words
Page thumbnail Page 20
  • Article
    Expatriate housing costs expected to rise 10-20pc
    469 20  -  MNCs do not foresee relocation of staff By SUZANNE SOH EXPATRIATE housing costs are expected to rise a further 10 to 20 per cent over the June-July period, the time each year when many companies relocate their expatriate staff and thus renew or
    469 words
  • Article
    Lock icon South Korean DPM dismisses crisis fears
    264 20 Reuter SOUTH KOREA'S top economic planner yesterday brushed aside crisis fears and said Seoul could achieve an 8 per cent growth it aimed for this year. Deputy Premier Cho Soon told a cabinet meeting that strikes in the first four months of this year
    Reuter  -  264 words
  • Article
    Lock icon HK Bank chief sees sound growth in Asia
    421 20 Reuter THE CHAIRMAN of the Hongkong and Shanghai Banking Corporation yesterday told the company's annual meeting that the countries of Asia should show sound growth with only moderate inflation through this year. "The bank is fortunate to be based in a region
    Reuter  -  421 words
  • Article
    Lock icon Taiwan to allow limited indirect investment in China
    168 20 AFP TAIWAN will allow limited indirect investment in China under revamped guidelines for its trade policy towards the mainland. Taiwanese Economics Minister Chen Lu-an said yesterday. The Economics Ministry was to ask the Mainland Affairs Committee of the ruling Kuomintang (Nationalist Party)
    AFP  -  168 words
  • Article
    Lock icon Hawke not planning snap polls this year
    194 20 Reuter AUSTRALIAN Prime Minister Bob Hawke will not call a snap general election this year, a government spokesman said yesterday. The spokesman told reporters in Canberra that Mr Hawke was standing by his earlier pledge not to call an early election this year.
    Reuter  -  194 words
  • Article
    Lock icon Roh vows to crush violent protests
    169 20 AP SOUTH KOREAN President Roh Tae-woo said yesterday that the government will crush violent protests by students and workers and warned "the fate of the country hinges on whether law and order can be maintained Mr Roh instructed a special Cabinet session to use
    AP  -  169 words
  • Article
    Sisir gains recognition as test centre for West Germany
    428 20  -  By WALTON MORAIS THE Singapore Institute of Standards and Industrial Research (Sisir) has gained recognition as a test centre for West Germany following the success of local manufacturers in gaining German quality marks based on its recommendation. Three Singapore manufacturers were
    428 words
  • Article
    Lock icon Anwar denies Thatcher pledged aid
    87 20 AP A SENIOR Malaysian government official denied yesterday a report in a London magazine that British Prime Minister Margaret Thatcher had personally pledged economic aid to Malaysia to secure a Ms 4 billion arms order last year. Anwar Ibrahim, Education Minister and a vice-president of
    AP  -  87 words
  • Article
    Comex gold
    94 20 COMEX GOLD futures drifted lower early yesterday after the market was unable to make a deep penetration of the plus column on early buying by dealers. June gold lost 40 US cents at U*****.00 an ounce, having given back a rally to a high of U*****.70. "Gold can't
    94 words
  • LATE FILE
    • Article
      Lock icon Japanese traders to set up in US
      56 20 Reuter A GROUP of 21 Japanese trading houses will set up offices in major US cities next month to promote exports to Japan, a spokesman for the group said in Tokyo yesterday. The move is in response to a request from the Ministry
      Reuter  -  56 words
    • Article
      Lock icon Higher corporate capital spending
      45 20 Reuter JAPANESE corporate capital spending is likely to rise 8.7 per cent to 37.8 trillion yen in the year ending March 31. 1990, from an estimated 34.8 trillion yen in 1988/89, said an Economic Planning Agency official in Tokyo yesterday. Reuter
      Reuter  -  45 words
    • Article
      Lock icon Vietnam invites Thai top planner
      62 20 AFP VIETNAMESE Foreign Minister Nguyen Co Thach has invited Thailand's top economic planner Snoh Unakul to visit Vietnam to brief its leaders on Thai economic development strategy Radio Thailand said yesterday. Or Snoh. head of the National Economic and Social Development Board, is credited with
      AFP  -  62 words
    • Article
      Lock icon Surplus for Philippines
      45 20 AFP THE Philippines held a balance of payments surplus of US$l million in January, a turnaround from a $52 million deficit the year before, the Central Bank said yesterday. This was due to a strong performance of the non-mone-tary capital account. AFP
      AFP  -  45 words
    • Article
      Lock icon Journalists call for press freedom
      58 20 Reuter CHINESE journalists breathed new life yesterday into a campaign to spur political reform by calling for talks with senior Communist leaders on ending press censorship. A group representing more than 1,000 reporters and editors from 30 party-run publications delivered a petition to officials protesting
      Reuter  -  58 words
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      376 20 AUSTRIA STYLE '90 SINGAPORE May 24th 26th, 1989 2.00 p.m. 6.30 p.m. Century Park Sheraton I Fabrics Garments Accessories For the tenth consecutive year, leading designers and manufacturers from Austria will present the latest fashion materials and accessories to buyers and agents in South East Asia. Please indicate the companies
      376 words
    • Advertisement
      Page 20 Advertisements Column 2
      27 20 Political storm hits Taiwan over team's Beijing visit, PAGE 4 Visit by Taiwan official reflects growing ties with China. PAGE 11 Opposition partners oust leaders. PAGE 4
      27 words
    • Advertisement
      Page 20 Advertisements Column 3
      139 20 Leader, PAGE 10 CERTAIN WORLD W <v A <»«■*» A A A <» A A A A v A A .Ay* A A y A «> A -A A > .AAA<♦•AA* A aaaaAAAAA AA A A A A A A aAA **A A A A A A A A A
      139 words
Page thumbnail Page 21
  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Salvors discharge cargo from ship
        60 21 Reuter SALVORS had discharged approximately 10,000 tonnes of cargo from the Cypriot bulk carrier Vakis Tsakiroglu by May 6, Lloyd s Shipping Intelligence Service reported The 117,893 dwt vessel has been ballasted in the empty holds and the salvors are preparing pumps for refloating attempts
        Reuter  -  60 words
      • Article
        Lock icon New South Wales to close today
        89 21 Reuter NEW SOUTH WALES ports are scheduled to close today due to a strike involving more than 20 unions to protest against proposed state government changes to maritime administration, a trade union spokesman said. The changes involve the possible break-up of the Maritime Services
        Reuter  -  89 words
      • Article
        ICS talk at World Trade Centre
        155 21 INTERNATIONAL shipbroking specialist Mr William Packard will be at the World Trade Centre tomorrow to deliver two papers on Shipping Pools and Maritime Arbitration. Mr Packard has 27 years of shipping experience behind him and has written a number of books on shipping. He
        155 words
      • Article
        Lock icon Kvaerner wins Soviet orders
        102 21 Reuter NORWEGIAN engineering firm Kvaerner Industrier A/S has won an 80 million crown order from a Soviet shipping firm for two high-speed catamarans. Kvaerner said in a statement that it had signed the contract with AKP Sovcomflot last week. The passenger vessels, with a top speed
        Reuter  -  102 words
      • Article
        Lock icon Carrier refloated in Orinoco
        112 21 Reuter THE Liberian combination carrier Trade Endeavour, which ran aground in the Orinoco river at Mile 169 on May 4 blocking the channel, was refloated on May 5 and is anchored at Mile 159, Lloyds Shipping Intelligence said. The 113,706 dwt vessel has rudder problems, Lloyds
        Reuter  -  112 words
    • Article
      Index to advertisers
      1067 21 ABBS line XII 3 4 ABC Containerl«ne XI 5 Accord Shpg VIII AFS XIII 3 e Ahrenkiel liner XII 5 AC Toepfer XIH 5 American Tpt XII 4 Arrow lines XI 5 Assoc Corrtoge XIII 5 ANl III 1 2 A PC line VII 4 API V
      1,067 words
    • Article
      Lock icon Nedlloyd's major investments until 1993
      415 21 Reuter NEDLLOYD plans to invest 500 to 600 million guilders a year until 1993, chiefly on takeovers and ships, said Nedlloyd chairman Henk Rootliep Rootliep. The company has invited bids from shipbuilding firms for five 3,000 TEU (twenty-foot equivalent unit) ships to be delivered by
      Reuter  -  415 words
    • Article, Illustration
      Mac-Nels Agencies expanding forwarding activities outside S'pore
      427 21  -  By RAHITA ELIAS MAC-NELS Agencies, a leading nonvessel operating common carrier (NVOCC) in Singapore, is expanding further into the international arena. The company, which will open its third representative office in Indonesia before July, is looking into various areas outside Singapore. Revealed Mr
      427 words
    • Article
      Lock icon China to double tonnage to US
      143 21 AP SEATTLE will be the first port of call for an expanding Chinese shipping industry that is expected to double its tonnage to North America in the next year, Chinese shipping officials say. The China Ocean Shipping Co, Cosco, plans to add five container
      AP  -  143 words
    • Article
      Lock icon ABP seeks court ban on strike ballot
      199 21 Reuter ASSOCIATED British Ports Holdings pic is seeking a High Court injunction to prevent a ballot which may lead to a dock strike. AB Ports runs Britain's 19 registered ports, at which dockers' working conditions are governed by the National Dock Labour Scheme.
      Reuter  -  199 words
    • Article
      Norasia gets priority berthing in Piraeus
      83 21 NORASIA LINE has concluded an agreement with the Piraeus Port Authority for priority berthing and cranage of all vessels in its mainline and Red Sea services at the new container terminal at Piraeus Okonion. This is the first time that such an agreement has
      83 words
    • Article, Illustration
      Surplus in Australian reefer box space
      821 22  -  Exporters are being discriminated JOHN SPIERS, Writing for BT from Sydney JOHN SPIERS, A SEVERE collapse in Australia's projected refrigerated fruit and vegetable exports to Europe this season has turned a looming shortage of refrigerated container shipping space into a surplus, senior shipping conference
      821 words
    • Article, Illustration
      Lock icon Alaska imposes new regulations for tankers loading in Valdez
      320 22 Reuter ALASKA is imposing tougher regulations on oil tankers loading crude at Alyeska Pipeline Service Cos terminal in Valdez, a spokesman for the State s Department of Environmental Conservation said The new rules, to take effect on May 15, also call
      Reuter  -  320 words
    • Article
      Lock icon Weekly freights
      709 22 AFP A SHORTAGE of available tonnage and significant activity by Soviet charterers had rates breaking new ground on the world freights market over the past week, traders said. The Baltic Freight Index (BFI) on the Baltic International Freight Futures Exchange (Biffex) reached an all time record, up 54
      AFP  -  709 words
    • Article
      Shipping events
      458 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
      458 words
    • Article
      Who acts for whom ...
      2304 22 Who acts for whom A B AB Shipping Boustead Shpg Agencies (S) ABBS Line SMS Pie Ltd (S)/Tunas Sena (PK/KL) ABC Containerline 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)/Multiporl Sdn Bhd (PK)
      2,304 words
    • Article
      Lock icon Promising outlook for tanker market
      233 23 Reuter THE world tanker market looks promising, although there are several uncertainties and pitfalls, the International Organisation of Independent Tanker Owners (Intertanko) said in its 1988 annual report. "With some reservations for 1989, the long-term prospect for the tanker industry looks promising," Intertanko said. It
      Reuter  -  233 words
    • Article
      London Freights
      1057 23 SINGLE voyage fixing on the dry cargo freight market was fairly thin on Monday but the Baltic Freight Index rose six points to a third consecutive all-time high of 1.699 Heavy grain was reported covered from the US Gulf to Japan at a rate of either US$29 or
      1,057 words
    • Article
      SHIPPING LIST where your ships are due...and when
      10606 30 SSSJSID^tLS 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
      10,606 words
    • Article
      SHIPS IN PORT
      1521 34 AT CONVENTIONAL WHARVES Mys KrytovO Ruby Stor a ill 10 05 0730 10 05,0930 1106 2300 HQS 1000 Smmebin II, B a 1005.0900 II 06.2300 Vessel/Voyage Berth Arrival Departure spc xi Western lucky 112 J5 *****630 1005 0900 1105 0200 1106,1500 KEPPEL WHARVES MARINA Bos Spray 1
      1,521 words
    • Article, Illustration
      Bonn Express makes maiden trip
      256 34 A new generation of ships for Hapag-Lloyd Bonn Express, Hapag-Lloyds new 34,800 dwt container ship, called at Singapore on May 1 during her maiden voyage Initially deployed on the service between Europe and the Far East, the 2,291 TEU vessel is a prototype for a
      256 words
    • Article
      Lock icon Iranian tanker blast killed 40 people
      103 34 Reuter ABOUT 40 people were Killed in an explosion aboard an Iranian tanker unloading jet fuel at the southern Iranian port of Bandar Abbas last month, Lloyd's Shipping Intelligence reported. Lloyd's, monitored in Cyprus, said several small boats in the area were destroyed by
      Reuter  -  103 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      9 21 <s a.O x TIMES STP Distributors A ST* t}G&s
      9 words
    • Advertisement
      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
    • Advertisement
      Page 21 Advertisements Column 3
      573 21 TIMES STP Distributors Tm»* PuWuf MO9 Croup Surplus in reefer space A SEVERE collapse in Australia's projected refrigerated fruit and vegetable exports to Europe this season has turned a looming shortage of refrigerated container shipping space into a surplus, senior shipping conference officials said. PAGE II Tanker market looks promising
      573 words
Page thumbnail Page 22
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      1166 23 JANOINC SHIPPING ACfNCIfS 200 Cantoronerrt Road #12 05 Souttifloint. Singapore 0208 m 221 am mix no us 241/9 ftRMiNAi/Cis rn *****18 no BOOKINGS TH 120K34 235 PCSANA JANOINC SHIPPING AGfNCIIS SON «NO POUT HUANG 111 XMIII T*i No MA8427/MAJJ/01 PINANC 111 *****4 lIUX NO MA4OO/3 CIS Til J49MB PGUOANG 111
      1,166 words
    • Advertisement
      Page 23 Advertisements Column 2
      1011 23 MAERSK LINE 'Port *Pen«ng I Kelang DESTINATIONS rc California cS Cju'! OS Atsanv East C*ra This week L»i«e M Closing Tim* CY IS* 2300 MRS CFS 15/5 1300 MRS This we#* Axel M Closing Time CV 10/5 2300 MRS CFS 10/5 1300 MRS This week Cornelia M Closing Time CY
      1,011 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      606 24 i u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BENALDER LA SEINE BENAVON TOKIO EXPRESS NIPPONCA OSAKA BAY TOLAGA BAY HEIDELBERG EXPRESS P KELANG SOUTHAMPTON 13/5 30/5 LE HAVRE 6/6 AMSTERDAM. CARIBBEAN &'s. AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG BREMERHAVEN OSAKA BAY NIPPONICA TOLAGA BAY HONGKONG EXPRESS MONTE ROSA ALASKA
      606 words
    • Advertisement
      Page 24 Advertisements Column 2
      576 24 7*r<> COLUMBUS LINE REEOERE! GMBH (A SERVICE Of hamBURG-SOD! EXj>Rf StMKOWTAJCP StPVKE *C (ASM-SOUTH PACIFIC JOttfT SCR COLUMBUS NIUGINI V6S TAYBANK VIOS SPORE I 23/5 Port Moresby. Lae, Rabaul, 7/6 Port Moresby. La*. Rabaul, Kimbe Accepting LCL cargo for main ports discharge and also to Wewafc, Kavieng, Kieta. Honiara via
      576 words
    • Advertisement
      Page 24 Advertisements Column 3
      878 24 SHIPPING TIMES, Wednesday. May 10, 1989 j>u r FLi _S2 TO EUROPE REGULAR INDEPENDENT FULL CONTAINER SERVICE NORASIA AL-MANSOORAH VB9OB-3 10/5 JAPAN SEA 8909-3 16/5 NORASIA PEARL 8910-3 22/5 NORASIA PRINCESS 8911-3 1/6 (VIA FEE OCR) PKL 11/5 17/5 23/5 2/6 a U K t>Wtinat,oni Scandiruv,an (Aarhus Copenhagen. Gothenburg) and
      878 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      1199 25 Steamers Maritime Holdings Ltd W* p&0 FvV Print Containers Also Accepting Cargo For: Hamburg Is CotwnlMfwi. Aarhm. Gothenburg, Ma I mo. Stockholm Helsinki. Sonderburg Rotterdam to Antwerp. Amsterdam. Oslo. Bltle Zurich Bremenhaven to Bremen Southampton to all UK destinations Belfast and Dublin CONTAINERSHIP SERVICE FROM UK,'CONTINENT Nag Yoto Kobe P.Klat
      1,199 words
    • Advertisement
      Page 25 Advertisements Column 2
      870 25 Tri f«Un VAMP I IMC WEEKLY EXPRESS INDEPENDENT TMNU LINC FAR EAST/EUROPE FULLT CONTAINERISED SERVICE WESTBOUND Alto accepting for Inland UK destinations Antwerp and Scandanavian ports Ldg tor HK/KAO/KOBE/YOKO/BUSAN C MG FIOTA MERCANTE GRANCOLOMBIANA, S.A 3NA. Nt rt« 'V! 1 :avn COMPANIA ANONIMA VENEZOLANA OE NAVEGACION (NATIONAL LINE OF VENEZUELA)
      870 words
    • Advertisement
      Page 25 Advertisements Column 3
      146 25 ij Jk -J* fc- *«i EAST MALAYSIA SNIPPING ENT. (PTE) LTD 41-A AWOY STREET, S PORE 0106 TEL: *****18 (4 LINES) TELEX NO EMVES R*****9 SINGAPORE TO SARAWAK 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
      146 words
    • Advertisement
      Page 25 Advertisements Column 4
      347 25 jflCHai Sun Hup Co (Pte) Ltc n TEL *****06 (20 Line*) TLX R*****1 A R*****2 fc. KASTKKN CAK I.INKK LTD Jtmitj/ japan/ mum service SPECIALIST IN RO-R0 HEAVY LIFT! NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG, TAIWAN I CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK
      347 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      532 26 mSINOSE MARITIME PTE LTD m ISLAMIC M PUBLIC OF IRAN SHIPPING LINIS IRANIAN SERVICE IRAN MEEAD PJL69I Singapore Loading for SW BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSI KYOWA VIOLET V 25 KYOWA HIBISCUS V 37 HK LOAD FOR 29/5 GUAM SAIPAN. HRA. VILA. NMA, LTK. SVA. PAGO.
      532 words
    • Advertisement
      Page 26 Advertisements Column 2
      599 26 HANJIN SHIPPING CO., LTD FVL.I.V CONTAINERISED SERVICE 'l TO USA PACIFIC SOUTH WEST CHOYANG PARK 002W HANJIN OAKLAND 002W CHOYANC SUCCESS 003* HANJIN TONGHAE 06IW TO FAR EAST PORTS HANJIN TONC HAE 067E 15/5 HANJIN ROTTERDAM 002£ 22/5 CHOYANG CHANCE 041E 29(5 HANJIN MASAN OWE 5/6 TO PACIFIC NORTH WEST
      599 words
    • Advertisement
      Page 26 Advertisements Column 3
      194 26 INTEROCEAN UNE 78, 2nd Floor, Jalan 2/71, Taman Tuo Dr. lamall. ***** KL. Tal: 71H734. *****54. *****20 TLX. MO. MA-***** FAX: 03-*****11 Panartg Off Tal: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS LIN LIN SHIPPING PTE. LTD. 1. Magazine Road. #05 08 Central Building Singapore 010S Tel *****14 C
      194 words
    • Advertisement
      Page 26 Advertisements Column 4
      657 26 EVERGREEN Full Coi.'amer Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GOVERN OMB In Pt 15/05 IMB IMB 2105 23, EVE* GARDEN 13/05 IMB 2*05 S EVER CROWTH 2MB 2MB 3105 3105 0406 0706 EVERGAANO 29/5 0/« OW 0».« EVER GREET 1206 13/06 21,06 IMB 2306 2MB 28, EVER GOLDEN IMB 21MB
      657 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      929 27 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES ACCEPTING MURURAN/TOMAKOMAI/HITACHI CARGO VIA HKG JAKARTA BANGKOK VESSEL SEA PEARL SEA HAWK SEA HAWK SEA HAWK SURABAYA/SEMARANG XINGANG VESSEL KOTA MELATI KOTA MAWAR KOTA MAWAR KOTA MELATI VESSEL VOY SIN SEA DRAGON 17NB 1/6 SEA
      929 words
    • Advertisement
      Page 27 Advertisements Column 2
      226 27 NORBUL NORBULK CARGO SERVICES LTO II S REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES 'O 'JK CONTINENT POP'S SPORE MARATHON UNITED AGENCY PTE LTD TEL U3t3M KL/PK S P YEO SHPO ft TRDQ KL: 7U9644 PK MMIOI SABAH TRANSPAC KK TEL: 594M/2212« BREAKBULK SERVICE TO EUROPE/UK S pore P Kelang Loading
      226 words
    • Advertisement
      Page 27 Advertisements Column 3
      444 27 irjt BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Tol»gj B«y 1* M«d«lb»r| Eiprnt 1% Kowlooa Bj, t AI is*j Maru u* Mont* Rom 1S« L»'P Bit 21* London [lgini ?tt Bonn Eiprnt ip S POM P KIANC 11* 12* Urt ll* 20* M* 25* 21* M 14* 1M IS*
      444 words
    • Advertisement
      Page 27 Advertisements Column 4
      453 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TMKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EOROPE Lt SRIWIJAYA/26W8 S. PAN JANG/22 WB KUTAI/17WB ANTWERP H'BURG/ RDAM/ADAM BREMEN 50 9/7 20/7 24/7 30/7 4/8 Sub)ect to Inducement Also accepting cargo to Casablanca,
      453 words
    • Advertisement
      Page 27 Advertisements Column 5
      402 27 BOUSTEAD SHIPPING AGENCIES In PAGAN VI4IW HTONEYWA V247W PA-AN VI3BW MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok «/sMay 13/15 May 21/23 May J BANK LINE SEMI CONTAINER SERVICE NORTHBOUND to UKr FORTHBANK V24N IVYBANK V24N TAUSALA SAMOA VISN SPORE RDAM HMBG HULL I
      402 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      812 28 NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE OOCL FREEDOM K LINE KAWASAKI KISLN KAISHA. LTD. N. AMERICA-ATLANTIC COAST NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE OOCL FREEDOM VIA FEEDER FEEDER VESSEL NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE OOCL FREEDOM *Vu Fm4« FEEDER VESSEL NEPTUNE RUBY CHINA CONTAINER ACE CONCORD NEPTUNE TOPAZ NUMBER
      812 words
    • Advertisement
      Page 28 Advertisements Column 2
      604 28 j a AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers KALIDAS V 12 Ma, TUISIDAS V 41 27 Way 2 KALIDAS *43 3 Jul» I TU LSI DAS V.4? 11 July 1 Transit time S.nppore. Melbourne 11 days P Kelang Penanj loading tor: Bi feeder B t Feeder f rem, MetoSydn,
      604 words
    • Advertisement
      Page 28 Advertisements Column 3
      487 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. Telo* Street SINGAPORE 0104 TEL S34JSM (10 LIMES) Faa *****4 STRAITS/PERSIAN GULF SERVICE: GOLDEN BEAR Cotanbo/Katadu Oubo GOLDEN HARVEST Colombo Karadx/Oubn CHINA SERVICE BAI TUN SHAN Shanghai P Kelang Pena CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA UKC
      487 words
    • Advertisement
      Page 28 Advertisements Column 4
      514 28 p PHI LI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD »07-<2 AFRO-ASIA BUILDING. SINGAPORE 0106TELEX RS ***** PHILI FAX *****76 MHPPIf EAST/f AH EAST FO. 1 LCI (VESSEL I ETA SINGAPORE I DESTINATION 21' S. 24/5 w 151 m !t| 22 £2 COLOMBO. KARACHI. BOMBAY MADRAS CALCUTTA EAST/WEST AHIICA/MHI.
      514 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      820 29 Agents S'pwe NEPTUNE AGENCIES PTE. LTD General Bookings Bookings Inward/ Terminal CFS Enquiries FE EU/AUST TPA/SEA Outward *****22 *****53 *****77 *****53 *****42 *****44 *****19 *****16 *****18 *****48 EXPORT IdyilJ NEPLINE SDN BHD K Lumpur Penang *****33 *****5 *****0 *****1 *****2 MOTHER VSL N Amber 3W O. Executive HttW Y. Maru
      820 words
    • Advertisement
      Page 29 Advertisements Column 2
      131 29 fcriA JE CONTAINER LINE f A TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST JE CNTP LINE p KEuANG) TEL (03) 36' 1200 1 JE CNTP IiNE (PENANG) TEi. (04) *****6 INDIA/S.E. ASIA Conventional/ LCL/FCL Service To COLOMBO, KARACHI, CHITTAGONG, BOMBAY, MADRAS ft CALCUTTA
      131 words
    • Advertisement
      Page 29 Advertisements Column 3
      383 29 •7 00* AW HEUNG-A SHIPPING Korean Flag Vessels SEM -CONTAINERISEC DIRECT SERVICE *0 P KEIANG PENANC KEEIUNG BUSAN INCHON STRAITS/KOREA SERVICE Vessel's Name £TD BS S PORE PKIC KEE BUSAN MOJI NO 9 DONAM/904N 30/04 11-1305 14 15/05 23 2105 26 30/05 26/05 •GLORIA 905N 10/05 22-22/06 20-21/05 31-3105 06-07/05
      383 words
    • Advertisement
      Page 29 Advertisements Column 4
      817 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 ***** fVMM P KELANG MESSRS HAI TKONC SNIPPINC 127 Penang Straet, Pwang. Malaysia M/S HANDLING SYSTEM CO SDN
      817 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      277 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTO IH US liHiiH |U I mm) FAX HS/% l')/2M8*t/i> lUM MS 2'MiM A/H S-SIiMA MS J')irt'l A/H SSI All DSR-LINES 05U rc RACHT S6EP»e£O£RE ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND I SIN I -LCA I
      277 words
    • Advertisement
      Page 30 Advertisements Column 2
      63 30 r t.s.k. lime WEEKLY CONTAINERISED S€AVICC WITH FIXED DAY ARRIVAL AH EXPORTS TO TAIWAN A JAPAN BHiiKBOIBBEME3iEJBBE3 QIQIQIESBEimBimai il[Ji3lilEJ HERMES ACE vn HERMES ACE V 22 IMPORTS FROM JAPAN TAIWAN HERMES ACE V? 2 iSCTiSSiiSSBSEa G9I ESI Ql Q □Bmaaaacin I SINGAPORE TSKLINE AGENCIES (S) PTE LTD TFI iikoaiiq NYK
      63 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      131 30 n m g m r j > is mm SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING LEGEND: R ThundeiMmm Temperature *C v Shower Weather Wind direction with ipeed in knoti Rain Cloudy Sky Wave height *rta«* iMi are MttM by »n*»i wfcick By wttk Ike wtnd O
      131 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1946 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE C MONKAD4 (Sewn Ski LEAUVt ail 10 A. GONCHAROV OOSIOO 0-100 TIGER RAY UN 10 SUSAK MN 10 5 P STAROSTIN A 11-110 OCEAN STRENGTH 13A 13-150 SUPANYA I9H 170 LEAUVE 04N 22/5 TIGER BAY 07N 23 S A. GONCHAROV 09SIW
      1,946 words
    • Advertisement
      Page 31 Advertisements Column 2
      101 31 REGULAR EXPRESS FCL LCL SERVICE DESTINATION ETA SINGAPORE KARACHI, BOMBAY. COLOMBO (FCL ONLY) 13/5, 16/5, 8/6, 15/6 ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND VSI MUSSEL 72* C VEHOIUC 275 ANTWIRPIN 221 TNT tXMtS 221 imrnßc 12 DAYS TO MELBOURNE! TO USA/CANADA Also accepting cargo to USA Houston. Savannah. Tampa. Jacksonville.
      101 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      331 32 J/Transocean Marine,lnc. CONVENTIONAL LINER SERVICE FROM USA MEXICO TO WEST COAST/GULF/EAST COAST PORTS VESSEL ETA ETO FOR PHILIA V9OSE 12/5 15/5 LA/OAK/VANC WASH, BC MIN JIANG V9O7E 22/5 25/5 CAM/NFK/CHA/NOLA/HOUS SAN MATEO VICTORY V9O9E 27/5 31/5 LA/OAK/VANC WASH. BC OTHER DISCHARGE PORTS IN USA ARE SUBJECT TO MINIMUM INDUCEMENT OF
      331 words
    • Advertisement
      Page 32 Advertisements Column 2
      312 32 OcerrSeruice LCL/FCL SERVICE TO/FROM k 'operates over 600 terminals/offices in U.S.A. maintains over 35.000 tractors trucks, serves over 60,000 points in U.S.A. offers reliable LCL/FCL services. SINGAPORE SSSST *****22 (22 LINES) 02-*****. Contact: Elaine Teo, Esther Yap. 21-*****4 transintra shipping (Singapore) private limited Cargo bookings Tel: *****88 (5 I.INES) REGULAR
      312 words
    • Advertisement
      Page 32 Advertisements Column 3
      329 32 r PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA PRABHAKTI (TUES) PRASETIA (FRIDAY) VOY SINGAPORE JAKARTA ETA ETD ETA ETD 258-259 In Pt In Pt 12/5 12/5 260-261 16/5 17/5 19/5 19/5 262-263 23/5 24/5 26/5 26/5 VOY SINGAPORE SURABAYA ETA ETD ETA
      329 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      693 33 r -ggg== Everett Lines COMPANIA PERUANA TO&A. 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"
      693 words
    • Advertisement
      Page 33 Advertisements Column 2
      300 33 Zl FULL CONTAINER SERVICE *cc«p(inf FCL/LCI MrfMt to USA East 4 West Cmi Carnbtein.EJit C*n*4r HAITI Cottl R>cj, El Salvador. Guatemala Hondura Vonuucla. Ptfu. Ecuador. Colombo via Miami. Trinidad. Barfeadot. Antifua. S Lucia. HontMrrat. Cuayana via Kingtton llrPw 5S3n 2IM PIRAEUS ZIM KOPIR ACCCPTINT. CARGO fO AOfIAIOC VIA Mf 180URM
      300 words
    • Advertisement
      Page 33 Advertisements Column 3
      669 33 SMIPPIHO TRANSPORTATION (PTf) LTD WEEKLY LCL/FCL SERVICE FOR BOOKING ENQUIRIES, PLEASE CONTACT:SINGAPORE TEL: 737*713 (4 LINES) TLX: 2041* SKMST FA*: *****90 J. BAHRU TEL: (07)****** *****3 FAX: *****3 P KELANG TEL: (03)*****32/3 FAX: (03)*****11 BANGKOK TEL: (02)*****24/7 FAX: 235*424 ETA SINGAPORE PORT KELANG 13 MAY MANILA 16 MAY HONG KONG.
      669 words
    • Advertisement
      Page 33 Advertisements Column 4
      390 33 la FL SHIPPING PTE LTD FINE LINER SHIPPING PTE LTD 70 SHENTON KAY «04 02C MARINA HOUSE S PORE 0707 TLX RS ??M1 FIINER FA* ??S?BS6 TEL: *****77 (12 LINES) SilnilUH7.li (Pcrtect China Ocean Shipping Unas) CHINA SERVICES Destinations: FROM PORT KELANG/SINGAPORE SHANTOU, GUANGZHOU SHANGHAI ft OTHER PORTS SINGAPORE AGENTS:
      390 words
    • Advertisement
      Page 33 Advertisements Column 5
      339 33 rage AIII PTC CONTAINER LINES FCL ICI SERVICE lift EAST 14/5 KEELUNG/KAOHSIUNG 13/5 BANGKOK 14/5 MANILA 13/5 JAKARTA 13/5 PORT KELANG/PENANG 15/5 BUSAN 26/5 TOKYO/YOKO/KOBE 13/5 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai 13/5 RDM/HAM/ANT/LE HAVRE/GENOA 13/5 LDN/FLX/LVP/SOU General AgenK POH TIONG CHOON SHIPPING (PTE) LTD T 220 i
      339 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      174 34 ROCO CARRIERS NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Liner services accepting FCL containers (GP and reefer) and breakbulk cargo for both north and southbound. Heavylift 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 JUAN" VOOl
      174 words
    • Advertisement
      Page 34 Advertisements Column 2
      942 34 te tW/ Mitsci OS K. Lines. Ltd m i"ti FULL CONTAINER UK/CONTINENT (TRIO) S port PKolan» S ton H"tur| Bramm Rdm La Ml LA SCINC 12ft 5* 31/5 2ft 2*5 BENALDER 11,-5 12/5 3D' t 3ft 4ft M BENAVON lift Mft M U IH 1U 1U MEDITERRANEAN (MED CLUB)* i
      942 words