The Business Times, 11 May 1989

Microfilm: NL16541
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, MAY 11, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    248 1 Dow down WALL STREET stocks slipped lower in early trading yesterday after firmness on bar-gain-hunting after eight straight declining sessions. The Dow was off one at 2370 and gains were evenly matched by declines. Reuter Footsie down LONDON share prices were lower in light midday trading yesterday,
    248 words
  • Article, Illustration
    HK surges ahead, regional markets close mixed
    224 1 REGIONAL MARKETS turned in a mixed day yesterday with the Hongkong market making the most headway. The Singapore stock market had a listless day with investors cautious after last week's gains. The Straits Times Industrials Index closed 0.1 point higher at 1,280.67 while
    224 words
  • Article
    Greenback ends easier
    85 1 THE US DOLLAR ended easier yesterday against major currencies in Asia's foreign exchanges on profit-taking and position adjustments ahead of the release of April US producer price index data tomorrow. In Tokyo, it ended at 134.44 yen and 1.9077 marks, down from New York's close of 134.60
    85 words
  • Article
    Lock icon No progress in China-Vietnam talks in run-up to Sino-Soviet summit
    533 1 UPI CHINA and Vietnam, in an illomen for next week's Sino-Sovi-et summit, reported on Wednesday they failed to make progress in three days of talks on disputes stalling a political settlement for Vietnamese-occupied Cambodia. The assessment came after Chinese Foreign
    UPI  -  533 words
  • Article
    Metro and retail giant Seibu agree on a tie-up
    459 1  -  By ROSIE TAN TWO RETAILING GIANTS. Singapore's Metro Holdings Ltd and Japan's The Seibu Department Stores Ltd, have agreed to enter into a business association to jointly develop retailing activities in Singapore and South-east Asia. The strategic alliance is expected to
    459 words
  • Article
    Lock icon Takeshita to persuade lto to succeed him as LDP chief
    419 1 AFP OUTGOING Japanese Prime Minister Noboru Takeshita will hold talks today to try to persuade party executive member Masayoshi Ito to succeed him, LDP sources and press reports said. The prime minister's decision came after talks among LiberalDemocratic Party (LDP)
    AFP  -  419 words
  • Article
    Lock icon FIC approves Hume's bid for MPHB
    216 1 Bernama THE MALAYSIAN Foreign Investment Committee (FIC) has approved in principle the general offer made by Hume Industries (M) Bhd for the entire issued and paid-up capital of Multi-Purpose Holdings Bhd (MPHB). In a statement yesterday, Aseambanker Malaysia Bhd said on behalf of Hume
    Bernama  -  216 words
  • Article, Illustration
    Hewlett-Packard to pump US$50m more into Singapore plant
    549 1  -  FIVE-YEAR EXPANSION PLAN TO MEET GROWING DEMAND By WALTON MORAIS HEWLETT-PACKARD will pump a further US$5O million into its Singapore manufacturing plant over the next five years to meet the growing demand for personal computers and peripherals in the Asia-Pacific region. The
    549 words
  • Article
    Lock icon KL seeks clarification on Observer report
    185 1 Bernama THE MALAYSIAN High Commission in London will seek clarification from the relevant British authorities on a newspaper report claiming that British Prime Minister Margaret Thatcher had pledged economic aid for Malaysia to secure a Ms 4 5 billion weapons order, Deputy Foreign Minister
    Bernama  -  185 words
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      214 1 GO 1 Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone *****22 Kuala Lumpur: Phone *****33 Penang: Phone *****5/*****1 Jakarta: Phone. *****5 Gateway deal on THE Singapore Land-Gateway deal is on. Pressured by the stock exchange. Sing Land has agreed to proceed with its acquisition of
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      225 1 Full report, PAGE 16 Regional Mkts, PAGE 18 World Mkts, PAGE 19 Editorial Comment: 10 US economy 5 Salve for the soul Growth expected to slow to 3pc Hongkong television 10 Banking 7 The picture changes Amex Bank head sees lower rates Employee health costs 11 Design 9 Problem for
      225 words
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      10 1 Opposition parties end boycott, PAGE 4 More stories, PAGE 4
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      6 1 Menstoch Quality before your eyes 1
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  • HOME NEWS
    • Article, Illustration
      Moral education syllabus to focus on Asian values
      524 2  -  By SHOEB KAGDA THE MORAL EDUCATION programme in primary schools will be oriented "more towards the inculcation of Asian values when a revised syllabus is introduced next year. The syllabus for the "Good Citizens" programme, which has only been completed in Chinese,
      524 words
    • Article
      SCS to hold joint professional exams with BCS
      481 2 THE STANDING of the Singapore Computer Society in the information technology industry will be enhanced when it holds joint professional examinations with the British Computer Society (BCS) next year As a joint sponsor of the examinations. the prestigious BCS name will be
      481 words
    • Article
      Government can only provide basics in health care
      191 2 THE GOVERNMENT should not and cannot be expected to provide alt the health care needs of the people. Acting Health Minister Mr Yeo Cheow Tong has reiterated. Speaking in Geneva at the 42nd World Health Assembly. Mr Yeo said the government can
      191 words
    • Article
      Wong Kan Seng to lead team to Zimbabwe
      127 2 A SINGAPORE delegation, led by Foreign Affairs Minister Wong Kan Seng, will start a tour of African countries on Saturday before attending a three-day Conference of Foreign Ministers of the Non-Aligned Movement. The conference in Zimbabwe will review international political and economic
      127 words
    • Article
      MEMO PAD
      903 2 Seminars and r CAHNERS EXPOSITION QROUP Courses v. Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 May 11-12 Monaging Your Job RGA Training Roger Gill *****60 Centre Associates Pte ltd Moy 1112 Successful Public Hawksmere ltd 5-*****5 Relations Moy 11-12 Monoging the Soles Team Hilton Hotel MMS Consultancy
      903 words
    • Article, Illustration
      Holiday Inn to close for renovations
      576 3  -  By SANGEETA MULCHAND ROYAL Holiday Inn Hotel will close its doors for three months from Aug 1 for the next stage of its renovation work. When the renovations are finally completed next March, the hotel which belongs to the Brunei government will become a
      576 words
    • Article, Illustration
      SGS-Thomson wants to be top service firm
      343 3 SGS-THOMSON aims to be one of the world's top 10 semiconductor manufacturers within the next five years, as well as the top service company. These targets were disclosed by its president and chief executive officer, Dr Pasquale Pistorio, at a breakfast meeting yesterday.
      343 words
    • Article
      Electronic revolution and its implications for banking litigation
      313 3  -  By QUAK HIANG WHAI THE ELECTRONIC revolution and the emergence of multinationals have created major problems in banking litigation, a banking law expert indicated last night. Speaking at a talk organised by the Singapore Academy of Law, Professor E P Ellinger from
      313 words
    • Article
      Corrections and clarifications
      63 3 IN THE report 'Cabinet' meets this Friday at Safra clubhouse" on Wednesday, it was stated that First Deputy Prime Minister Goh Chok Tong would launch the Singapore Armed Forces Reservists' Association's policy-gaming tomorrow. The activity will in fact be launched by the Minister for Communications and Information
      63 words
    • Article
      Law Academy workshops
      162 3 THE Singapore Academy of Law plans to organise a series of workshops and a major annual conference this year, Mr Justice Lai Kew Chai said last night. Speaking at a talk on banking law organised by the Academy, Mr Justice Lai, a High Court judge, said the
      162 words
    • Article
      High-level trade mission to visit Pakistan this month
      290 3 THE STEPPING UP of trade and economic cooperation with Pakistan will be the focus of a Singapore trade mission to that country later this month. The mission, a follow-up to Prime Minister Lee Kuan Yew's visit to Pakistan last year, will promote
      290 words
    • Article
      Transport of hazardous goods
      71 3 "THE Transport of Hazardous Goods on Singapore Roads" is the theme of a one-day seminar to be held at the Novotel Orchid Inn Hotel tomorrow. The seminar is organised by the Institution of Engineers. Singapore in recognition of the importance of this topic and its relevance
      71 words
    • Article
      All Nippon in accord to access Abacus
      308 3  -  First airline to link up with computer reservation system By MARTIN SOONG JAPANESE CARRIER All Nippon Airways (ANA) has entered into an arrangement to access Abacus, the Asia-Pacific computer reservation system formed by a consortium of the region's leading airlines. This makes ANA
      308 words
    • Article, Illustration
      SIA to fly to Toronto next year
      266 3 TRANSATLANTIC FLIGHTS to the eastern Canadian city of Toronto next April will be the next major milestone in the expansion of Singapore Airlines' route network, said the national carrier's deputy chairman Lim Chin Beng. He was confident SlA's Toronto service, which is expected
      266 words
    • Article
      Radac takes steps to improve standard among members
      395 3 THE RENOVATION and Decoration Advisory Council (Radac) is stepping up efforts to improve the quality of its members work and image. Farok Majeed, chairman of Radac, yesterday disclosed plans to classify members under gold, silver and bronze categories. This would be helpful
      395 words
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      149 2 Your products are at home in markets worldwide. So are we. The successful introduction of products to worldwide markets requires a bank with international resources. Deutsche Bank, with offices in more than 40 countries around the globe, is such a bank. First-hand information, international know-how and professional advice on business
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      128 3 6 legendary watch c 1 I Mtlt \ll PKIIH n I Is| II ON \N I \t I I* |It >\ \l I N I I I > II \M IK( »\1 t Kl \ll >K 11 > t K\l I s\|| lit is I ->k!l I \Mi s\\(i||M XlK'l
      128 words
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  • ASIA – PACIFIC
    • Article, Illustration
      Lock icon Summit a landmark for communist giants
      615 4 GORBACHEVS VISIT TO CHINA AP MIKHAIL GORBACHEV arrives in Beijing next week for the first Sino-Soviet summit in 30 years, formally ending tensions that alienated the communist giants. The Soviet president and Chinese senior leader Deng Xiaoping have somewhat differing expectations as they prepare
      AP  -  615 words
    • Article
      Lock icon Japan approaching US in electronics output level
      262 4 AFP JAPAN took another step along the road to economic supremacy last year, all but equalling the United States in total electronics production, a research firm reported Japan built US$25O billion worth of everything from computer chips to facsimile machines in 1988, while
      AFP  -  262 words
    • Article
      Lock icon Opposition parties end boycott
      275 4 Reuter JAPAN'S major opposition parties ended a month-long parliamentary boycott over the Recruit shares-for-favours scandal yesterday, and attended the opening session of the Upper House budget committee. The ruling Liberal Democratic Party (LDP) forced the 1989/90 budget through the Lower House on April 28, and then
      Reuter  -  275 words
    • Article
      Lock icon Seoul farmers protest outside residence of US envoy
      182 4 AFP SOUTH KOREAN police detained 26 farmers who staged a protest outside the US ambassador's residence in Seoul yesterday, demanding an end to US agricultural imports, police said. The farmers, members of the National Farmers Alliance, shouted anti-US slogans and distributed copies
      AFP  -  182 words
    • Article
      Lock icon Chinese economists back use of Japanese capital to develop Soviet Far East
      332 4 AP A GROUP of Chinese economists is backing a radical proposal to use Chinese labour and Japanese capital to develop the Soviet Far East, the world's largest untapped depository of natural resources. The Ministry of Agriculture, meanwhile, is
      AP  -  332 words
    • Article
      Lock icon US lacks a coherent policy in Cambodia, says Solarz
      298 4 AP THE US lacks a coherent policy in Cambodia, charges US Congressman Stephen Solarz, who advocates sending US arms aid to the South-east Asian country. Energetic diplomacy also is needed to help block the return to power of the communist Khmer
      AP  -  298 words
    • Article
      Lock icon UK and China at odds over Vietnamese refugee issue
      292 4 AFP A WAVE of Vietnamese boat people arrivals in Hongkong since the beginning of the month has triggered off tension between Britain and China over efforts to stop the influx. Beijing has warned the British colony to settle the refugee problem
      AFP  -  292 words
    • Article
      Lock icon Sihanouk tells refugees they will go home soon
      255 4 Reuter EXILED Cambodian resistance leader Prince Norodom Sihanouk has told refugees they will be allowed to return to Cambodia this year but pledged none would be forced back against their will. Prince Sihanouk said in a speech at this camp of almost
      Reuter  -  255 words
    • Article
      Lock icon EC agricultural reform falls short, says Australian study
      357 4 Reuter THE EUROPEAN Community's (EC) "stabiliser" agreement on farm production falls well short of significant Common Agricultural Policy (CAP) reform, the Australian Bureau of Agricultural and Resource Economics (Abare) has said. The stabiliser agreement concluded early last year provides for automatic adjustments
      Reuter  -  357 words
    • Article
      Lock icon Sri Lanka set to begin talks with guerillas
      187 4 NYT THE SRI LANKAN government is expected to begin peace negotiations in the next few days with a guerilla force that defied Colombo for a decade and held off the Indian Army for the last two years. Last week, to the astonishment
      NYT  -  187 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      900 4 ARRIVALS Operator Service Local From number time TMA TL351B 0430 BEY/SHJ/KUL SU SQ409 0520 MAA IAC KT555 0655 MAA SIA SQ407 0740 DEL SIA SQ023 0755 AMS/ZRH SU SQ411 0800 BOM MAS MH630 0920 KUL MAS MH653 0920 PEN ACA AC888 0925 YYZ/LON/BOM SU SQI03 0950 KUL
      900 words
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      9 4 Moscow to press Baker on US-Soviet ties, PAGE 5
      9 words
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      45 4 Masterplan to rebuild US electronics industry, PAGE 5 LONDON Cillyour Trrvr! Agent or Air Canada af 7i2tsSi. A BREATH OF FRESH AIR The business person's choke every Tuesday, Thursday. Saturda, and Sunday. Leaving Changi Airport at 22:05 hours and arriving Heathrow early the following morning.
      45 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      181 4 wmm "SS/ Max/ Note Min (°C) 02/11 Roin 17/08 Clear 21/10 Clear 31/25 Clear 33/26 Sunny 29/21 Cloudy 21/14 Cloudy 22/16 Sunny 16/04 Cloudy 22/10 Clear 25/20 Rain 23/20 Clear 24/18 Rain 22/08 Clear 18/06 Clear 16/06 Clear 30/18 Clear unav 15/13 Cloudy 26/19 Cloudy 17/04 Clear 15/10 Cloudy 32/20
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    • Miscellaneous
      Page 4 Miscellaneous Column 2
      114 4 Doonesbury MR. PRESIPENT, FIRST OFF, IGOTTA TELL YOU I'M A HUGE FAN OF YOUR. FILM J WORK! "KNLTTE ROCKNE"* TOURPE FORCE! *BEN- > HUR"? JUST OUT OF CONTROL! «V 7. i Vk m m MERE yOU? GET OUTA HERE.' BUT THE THING OF IT 15, see, YOU'VE. GOT THIS B
      114 words
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  • Article
    Lock icon REST OF THE WORLD Masterplan to rebuild electronics industry
    456 5 FT AMERICAN electronics manufacturers are seeking a total of US$l.35 billion in government funding, loans and loan guarantees for an ambitious plan to rebuild the US consumer electronics industry and place the US in the forefront of high definition television (HDTV).
    FT  -  456 words
  • Article, Illustration
    Lock icon Delors, Bush warm towards dialogue
    489 5 FT THE PROSPECT that US President George Bush and Jacques Delors, the European Commission President, will meet twice within the next six weeks has heightened the interest of both men in launching a political dialogue across the Atlantic, according to US and EC officials in
    FT  -  489 words
  • Article
    Lock icon Moscow to press Baker on US-Soviet ties
    327 5 Reuter KREMLIN LEADERS are likely to press Washington to quicken the flagging pace of US-Soviet ties during US Secretary of State James Baker's first visit to Moscow, which began yesterday. Soviet officials have voiced concern that a lengthy foreign policy review by the
    Reuter  -  327 words
  • Article
    Lock icon High technology produces more stress and less leisure: Survey
    219 5 AP MANY EXPERTS predicted at the outset of the 1980s that high technology would produce more leisure time. But a new international business survey has found that that has not come true. Instead, longer hours are commonplace, stress levels are higher
    AP  -  219 words
  • Article
    Lock icon US economic growth expected to slow down to about 3pc
    464 5 Reuter THE US ECONOMY is slowing to a sustainable growth rate of around 3 per cent but another month or two of poor inflation data could lie ahead, White House Chief Economic Adviser Michael Boskin has said. He told the
    Reuter  -  464 words
  • Article
    Lock icon Foreign investment cost more jobs than it created: researchers
    368 5 AP THE SURGE of foreign investment in the US during the mid1980s cost the country more jobs than it created in spite of claims that it boosted employment, two researchers have claimed. The tripling of foreign investment during the 1980s came
    AP  -  368 words
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      30 5 en the computer has just declared your company solidly in the black, celebrate with something refreshingly green 'V 5-U Bf ■"< W m pr--5?-: k( n V vn. r *m < > Heineken
      30 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1607 6 SINGAPORE: .After hitting a high of DJmark 1.9180 in New York, the US dollar has since retreated on profit-taking and fears that the central banks will act much more aggressively once the market gets •overly long US dollar. Lows of D-mark 134.12/ pound •1.6705/ Singapore dollar 3-9530 were
      1,607 words
    • Article
      Government Securities Market
      103 6 Treasury bills Period Issue Yesterday's closing Day's 3 months 6 months code Maturity BID OFFER HIGH LOW BQ*****H BS*****N 10.08.89 4.21 27.08.89 4.17 4.16 4.12 4.27 4.16 4.23 4.16 1 yeor BY*****H 23.11.89 4.19 4.14 Government notes and bonds Period Issue code Maturity Coupon Yesterday's closing Day's
      103 words
    • Article
      Money markets
      70 6 THE OVERNIGHT RATE on the Singapore money market rose by 1/8 point to close at 5 3/8 per cent yesterday. Short-term rates were unchanged except for three months which fell by 1/16 point. S$ Interbank rates at the close yesterday: Of ft* »<o o»*f5 3/8 5 1/4 1
      70 words
    • Article
      Asian dollar market
      267 6 ASIAN DOLLAR deposit rates ended at their opening levels in quiet trading yesterday, dealers said Short-dates weakened 1/16 point at the outset due to a late decline in US federal funds rate in New York, but were unchanged subsequently. Wednesday/Thursday and weekfixed rates finished at 9-7/8 9-3/4
      267 words
    • Article
      Lock icon Simex
      432 6 BA Futures JUNE Eurodollar futures opened eight ticks lower yesterday at 90.08 on concern about the market's ability to digest the 10-year and 30-year bond auction. Trading was cautious ahead of tomorrow's release of US April producer price index. The June contract ranged from 90 11 to 90 07
      BA Futures  -  432 words
    • Article
      IMM
      230 6 IMM CURRENCY FUTURES reversed early weakness and rebounded to close mostly higher on Tuesday Traders called the rise, led by the Swiss franc, a short-covering rally that spilled over into other pits. The market's depressed condition had also fuelled expectations of a technical upswing. "I think what we're seeing
      230 words
    • Article
      Comex gold/silver futures
      204 6 Gold futures on May 9 1989 tOO troy ounces. US$ per troy ounce Optn High Low Sattla Mar ***** 1 90 km 377.80 380.50 376.90 380.30 1.90 M 382.30 1.90 Aug 3*1.90 384.70 381.30 304.40 f 1.80 Oct 367 00 388 70 386 80 388 90 1.70
      204 words
    • Article, Illustration
      World interest rates
      188 6 Indicates the average of the prime lending rate* of 12 major banks in S'pore Interbank market rates (offer/bid) on May 10 7 dojn 3 Mil 6 Ntffc 12 fnrtt uss IS/16 13/16 9 13/16 13/16 9 15/16 13/16 10 9 7/t 0 1/16 13/16 U i/t J/6
      188 words
    • Article
      Options
      1257 6 CURRENCY FUTURES OPTIONS Wednesday, May 10, 1989 OEUTSCHEMARK (SIMEX) SI S3 53 54 55 56 Jun 88 call* High Low So« Jun 88 put High Low Son III 13 3 CAS 27 27 9 32 80 IS3 S3 53 54 Sop 88 calls High Lew Son So High p
      1,257 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon HK futures exchange given green light for expansion
      406 7 FT HONGKONG'S futures exchange has won support from its members for the introduction of a new constitution which enables it to go ahead with expansion plans that have been stalled since the 1987 world stock markets crash. This marks an important stage
      FT  -  406 words
    • Article
      MMGU changes name to Keppel Insurance
      190 7 MALAYAN Motors and General Underwriters (MMGU) has changed its name to Keppel Insurance, Mr Sim Kee Boon, the chairman of Keppel Corp said last night. In a ceremony to unveil the company's new red and grey logo, Mr Sim said that yesterday was a
      190 words
    • Article
      Lock icon Argentines rushing to withdraw savings
      190 7 AFP WILD SPECULATION is sweeping financial markets as Argentines rush to protect their savings in the run-up to Sunday's presidential elections, analysts said on Tuesday. Rumours dominated the mar-ket-place, which was so volatile that it would react to "the sneeze of a fly", according to
      AFP  -  190 words
    • Article, Illustration
      Amex Bank head expects lower interest rates
      489 7  -  By QUAK HIANG WHAI THE CHIEF EXECUTIVE of American Express Bank has predicted lower interest rates and a slowdown in the US economy for the rest of this year Robert Savage, who is also the bank's vice-chairman, told BT that the course of
      489 words
    • Article
      Lock icon Bank of China has no plans to issue Hongkong money: official
      261 7 AFP THE BANK of China (BOC) has no immediate plans to issue Hongkong bank notes before 1997, when the British colony reverts to Chinese sovereignty, a senior BOC oflicial said. "We have read about the matter in press reports
      AFP  -  261 words
    • Article
      Lock icon Dollar surge may force Tokyo to raise rates
      452 7 AFP THE Bank of Japan could raise its discount rate in an attempt to halt a steady climb in the dollar, analysts said in Tokyo on Tuesday. The dollar jumped to its highest value against the yen since Sep 6 in Tokyo
      AFP  -  452 words
    • Article, Illustration
      Lock icon More laundering charges filed in the US against BCCI employees
      353 7 AP US FEDERAL prosecutors have brought additional money-laundering charges against a Luxembourg banking group, adding two employees as defendants and implicating the bank s Colombian branch office. The charges were contained in a new indictment against the Bank of Credit
      AP  -  353 words
    • Article
      Lock icon Market faces US$4b in high-yield Nabisco bonds
      483 7 NYT THE JUNK BOND MARKET, beset by worries about a slowing US economy, is facing a record array of new high-yield securities for RJR Nabisco Inc this week, investors and underwriters said. The bonds are expected to total nearly US$4 billion. RJR Nabisco's
      NYT  -  483 words
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      67 7 Continental Bank NA Bringing Partners Together By Creating Strategic Business Opportunities Global Fund Raising for Venture Capital Funds Direct Venture Capital Investments Private Equity Placements Cross Border Mergers Acquisitions Over 350 Institutional Investors Throughout The Asia/Pacific Region Offices in Asia: Singapore Hong Kong Tokyo In Singapore contact: James M.F. Yip
      67 words
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      301 7 -=gom©<= COMMODITY EXCHANGE, INC. Brings For The First Time To Asia-Pacific A Seminar On MANAGING TRADING RISKS WITH FUTURES AND OPTIONS Gold, Currencies, Eurodollars, T-Bonds, Oil Nikkei Index Topics: Introduction To Options Concepts And Terminology Hedging Price Risks With Futures Arbitrage Cash (Spot) Positions With Futures &/or Options Cash Carry
      301 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Possibility of Opec raising ceiling
      646 8 UPI THE SECRETARY-GENERAL of Opec has indicated the cartel may raise its oil production ceiling in June if such action does not cause oil prices to weaken from the group's official US$lB-a-barrel target Indonesia's Subroto. who assumed his new post at the Organisation of Petroleum
      UPI  -  646 words
    • Article
      Lock icon Perak expected to re-impose tin royalty from June
      445 8 Bernama THE PERAK government is expected to re-impose royalty on tin from June 1 if the federal cabinet approves a report being prepared by the Primary Industries Ministry. Mentri Besar Datuk Seri Ramli Ngah Talib said on Tuesday the state government agreed
      Bernama  -  445 words
    • Article
      Lock icon Martial law ultimatum to copper-rich Bougainville
      197 8 Reuter PAPUA NEW GUINEA has threatened to impose martial law on its copper-rich Bougainville island unless militant landowners accept a peace plan within two days. The ultimatum from the office of Prime Minister Rabie Namaliu yesterday was aimed at breaking a deadlock in talks
      Reuter  -  197 words
    • Article
      Lock icon Crude Oil and Products
      166 8 Telerate THE fuel oil market continued to be quiet in Singapore yesterday. Market sentiment tended towards bearishness following near-term crude oil price sentiment. An end-May MSFO was reportedly on offer at around US$9B tonne cif Sing. Buyers of June CST-180 were heard to be at US$95-US$96
      Telerate  -  166 words
    • Article
      KL Tin
      193 8 THE Kuala Lumpur Tin Market (KLTM) price closed 12 cents lower at M 527.88 a kg In Increased trading activity yesterday. The easiness was attributed to a higher ottering which was accumulated over the long weekend closure for the Muslim festive holidays on Monday and Tuesday. Turnover rose
      193 words
    • Article
      Oil and Products
      379 8 MALAYSIAN CRUDE PALM OIL FUTURES Crude palm oil futures closec firmer in active trading yesterday, on strong covering and speculative buying as sentiment was underpinned by anticipation of lower palm oi stocks at end-April. Dealers said net gains in Chicago soyoil futures values over the last two
      379 words
    • Article
      Soybean
      254 8 CHICAGO BOARD of Trade soybean futures rallied to close mostly higher on Tuesday as local traders unwound long old crop, short new crop spreads, traders said. Settlements ranged from down 1/4 cent per bushel in August to up 5-3/4 in January. New crop values had been under pressure on
      254 words
    • Article
      Wheat
      252 8 CHICAGO BOARD of Trade soft red winter (SRW) wheat ended 10 cents a bushel lower in spot May at a US$4 26 settlement on Tuesday, with new crop down 4-1/2 to 3-1/2 cents. Disappointed speculative long liquidation after the rumours of Soviet purchases of Canadian wheat and interest in
      252 words
    • Article
      Produce Prices
      195 8 Chinese Produce Exchange S«llers' noon dosing prices on May 10 (SS/100 kg) Coconut oil Bulk FOB 103.00 CMd drum FOB 113.00 New drum FOB 117.00 Copra Mixed (loose) 61.00 sellers Pepper Muntok white FOB NLW 61 2.50 Sarawak white FOB faq NLW 602.50 Sarawak special block FOB NLW
      195 words
    • Article
      RAS and MRELB
      274 8 R AS prices In S cents/kg, FOB In bale* NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 199.50 200.50N 198.50 199.SON Int 1 RSS June 89 197.00 198.00N 196.00 197.00N Int 1 RSS July 196.50 197.50N 195.50 196.50N Int 2 RSS OP 193.00 195.00N 192.00
      274 words
    • Article
      Rubber
      279 8 SINGAPORE: Rubber prices closed mixed with June 1 RSS buyer quoted at 196.00 cents a kg yesterday, down 0.25 cent trom Tuesday's close. Dealers said some speculative selling and a lack of buying interest caused prices to drift in quiet afternoon trading. On the TSR-20 Award market, prices rose
      279 words
    • Article
      SSR and SMR
      75 8 (canti/kg) JUNE 1989 JULY 1989 (current month) (forward month) RAS NOON NOON Bwy*r< ScMari Buy»r» s*a*n SSR 20 170.50 I72.50N 170.50 172.50N SSR 50 168.50 170.50N 168.50 170.50N MRELB Bvy*rt S*tWfj S«M«n SMR CV 271.00 273.00N 273.00 275.00N SMR I 272.00 274.00N 274.00 276.00N SMR 5 248.50
      75 words
    • Article
      Precious Metals
      389 8 HONGKONG: Gold closed slightly firmer after a quiet afternoon's trade yesterday, dealers said Bullion ended at U*****.00/50 an ounce against an initial U*****.30/80 and New York's close of U*****.40/90 On the local market, gold rose HK$lB to close at HK53,511 a tael. Dealers said the firmer US dollar
      389 words
    • Article
      London markets
      266 8 London Commodity Exchange Buyer/Seller closing prices on May 9 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, toilers option CIF London May 1311/1311 (1315/1330) High/Low 1211/1585 July 1147/1145 (1145/1165 High/Low 1129/3533 Soles (6671) Cocoa May 697/696 (694/693) High/Low 695/236 My 714/712 (714/718) High/Low 705/924
      266 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      144 8 rl l!iTS?3i >;.,»;-■>■ Gross wastage of expensive office spate. ramped work areas. Lower staff (XTtormance. These are some costly sac ritic es you will have to make when you divert expensive spat e to store and scarce manpower to manage your records and dot u A more costefficient alternative is
      144 words
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  • ADVERTISING & MARKETING
    • Article
      Movenpick cuts up art for a new image
      388 9 BUY ART PRINTS, cut them up and stick them on the walls or the ceiling that's how Swiss restaurant chain Movenpick has redecorated its Scotts Shopping Centre outlet. Gone is the traditional Swiss tavern decor with the dark wooden beams and dim
      388 words
    • Article
      The Galeries Lafayette advertisement that was
      189 9 AN ADVERTISEMENT that was submitted too late last Saturday meant that some readers of The Straits Times received their copies of Section Two with a blank quarter page space on the front page. In the place of what should have been a Galeries Lafayette
      189 words
    • Article
      Reebok expects sales worth $18m this year
      261 9 REEBOK, the athletic shoe which bounced onto the sport shoe market last year, is expecting $18 million worth of sales this year, supported by a milliondollar promotional campaign. Mr J S Gill, the managing director of Royal Sporting House (RSH), said that to
      261 words
    • Article, Illustration
      The best of Saatchi and Saatchi
      247 9 SAATCHI AND SAATCHI Advertising International yesterday launched a Singapore-produced book in New York featuring the company's best works since its inception. The Award Winners, in glossy hard cover, comes with a video tape featuring television and cinema ads that appear in the book. Planned
      247 words
    • Article
      Landor to zoom in on 'Asian regionals'
      462 9  -  By GENEVIEVE CUA DESIGN CONSULTANT Landor Associates is hoping to expand its client base by focusing on a key group "Asian regionals", or Asian companies with regional operations. Up to now. the company has concentrated on international clients, having made its name as
      462 words
    • Article, Illustration
      Chomel — from laces and bows to tailored working clothes
      404 9  - Chomel from laces and bows to tailored working clothes By SUZANNE SOH FRILLS, LACES and all things white will no longer be the hallmark of boutique chain Chomel. In August, the stores will be projecting a more purposeful look, reaching out to the Singapore working woman. There is strong demand
      404 words
    • Article
      JB Holiday Inn lures Singapore businessmen
      277 9 HOLIDAY INN in Johor Baru is reaching more aggressively across the causeway to tap the growing business and tourist market in Singapore. The business class hotel's most recent marketing strategy is to sell the hotel as an attractive venue for "out of town" meetings.
      277 words
    • Article
      Caltex, Esso make motoring easier
      212 9 mm ILQOBB CALTEX (Asia) and the Automobile Association of Singapore (AAS) have entered into a joint promotion aimed at broadening AA's 37,000strong membership base and creating awareness of the Caltex Star Card and CalCare. During the four-month promotion launched recently. AA will waive the $30
      212 words
    • Article, Illustration
      Hill and Knowlton to capitalise on growing Asian market
      369 9 PUBLIC RELATIONS firm Hill and Knowlton is tapping the regional market in a big way, as seen by its recent opening of a Taipei office and three more within the year. The company is going all out to capitalise on what
      369 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      535 9 THE INTERNATIONAL HERALD i TRIBUNE AND THE OIL DAILY ARE PLEASED TO ANNOUNCE A A MAJOR NEW CONFERENCE ASIA and L 5 The BM3FIC THE PROGRAM JUNE 14 ASIA/PACIFIC: PaiTICAL PERSPECTIVES Dr. Mohamad Nordln Sopiee, Director General. Institute of Strategic International Studies, Malaysia ASIA/PACIFIC: FINANCIAL PERSPECTIVES Alfred F. Grove, Senior
      535 words
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  • PERSPECTIVE
    • Article
      Salve for the soul
      537 10 BUSINESS TIMES THURSDAY, MAY 11, 1989 DOES Hippocrates' charter of medical conduct, a legacy of the Greek physician who lived nearly 2,500 years ago, hold up in the world of big-busi-ness, megabucks medicine today? That was the thrust of a searing speech delivered last month at
      537 words
    • Article, Illustration
      Hongkong TV — the picture changes
      1696 10  - Hongkong TV the picture changes TVB has long dominated TV broadcasting in Hongkong. But with the revamp at the smaller rival station ATV, Goliath is bracing itself for some stinging slingshots. BT's Hongkong correspondent FOO CHOY PENG reports on the battle of the stations and the tussle for the advertising
      1,696 words
    • Article
      Lock icon South Korean economy at crossroads
      540 11 AFP SOUTH KOREA'S vibrant economy is at a crossroads with one path promising continued growth but the other following a tortuous route into stagnation. Over the past two decades South Korea, a nation of 42 million people, experienced soaring growth and last year became the
      AFP  -  540 words
    • Article
      Lock icon Pity the Italian air traveller
      783 11 Reuter ABOUT 100 PEOPLE, mainly men in business suits, push, yell and sway from side to side in a kind of ritualistic scrum. As they push forward against steel bars protecting three check-in desks, a distraught woman among them screams: "They are treating us like
      Reuter  -  783 words
    • Article
      Lock icon Winning battle to overcome public and official attitudes
      1065 11 THE ELDERLY POOR IN SOVIET UNION NYT IN A SPARE, sunny cafeteria on a quiet street in Leningrad's city centre, an organisation of volunteers has won a battle to overcome public and official attitudes towards the Soviet Union's poor. For an hour
      NYT  -  1,065 words
    • Article, Illustration
      Lock icon Employee health costs a threat to the industry: US carmakers
      739 11 NYT FACING AT LEAST US$5 billion in employee medical costs this year, many US automobile industry executives acknowledge that their efforts to control costs have failed, and they are calling for drastic changes in the way the US pays for
      NYT  -  739 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      348 10 |vg> i2f It's easy to see .W Vr* ui* %%L44 who isn't using the new Epson PC AX Portable It brings a tear to your eye just thinking of spending a day on an ordinary computer, doesn't it"? Well, fortunately the innovative Epson PC AX Portable has addressed this problem
      348 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      80 11 ON SALE NOW! SINGAPORE MCI(P)2O7/7/Bfi VOL 13 NO 5 Women who have arrived A look at women who have made it in a man's world against all odds I Farming Breakthrough Easi#r Work, Better Yields Datuk Lim Kok Wing The Philanthropist Ad Tycoon Lunch Is Not At All For Wimps
      80 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      29 11 BnSteW?R»nfr Dlrftfng U .Tms IS POLSON OF gun Rio rßroos...i f U)HeTMGR yoj CRM J rMeLp-me^'* IVf NINO STANDARD CO. LTD.. f< Me?HeLp? don'T rr\Pi<ei i me laugh I
      29 words
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  • LEISURE
    • Article, Illustration
      Lock icon Broadway's best named for Tony Awards
      591 12 THEATRE UPI NOMINATIONS for the 1988-89 Tony J Awards for the best of Broadway were announced with Jerome Robbins's J Broadway and Black And Blue almost i neck and neck in the musical awards J competition, and Lend Me A Tenor and The Heidi
      UPI  -  591 words
    • Article
      Lock icon Transfer students
      285 12 TAKES Agencies CLASSES began yesterday in the mountains of Tennessee for the first high school for children of Japanese executives on business assignments in the United States. The Tennessee Meiji Gakuin High School opened in Sweetwater with 23 students in the 10th grade in a 113-year-old building that
      Agencies  -  285 words
    • Article, Illustration
      Lock icon Thousands of children married over the weekend
      745 13 WEDDINGS AP AT MIDNIGHT, the priest lit a sacred fire and called for the bride and groom. The bride was nursing at her mother's breast. The bleary-eyed groom, burdened with a huge turban, a sword and marigold garlands, was yawning. Sonu, the two-year-old
      AP  -  745 words
    • Article, Illustration
      Lock icon A journey in vastness on the Trans-Siberian Express
      828 13 TRAVEL Reuter SEASONED TRAVELLERS say you should take the Trans-Siberi-an Express in the heart of winter to feel the region's full harshness. But no matter what time of the year, the world's longest train ride enables the traveller to experience the vastness
      Reuter  -  828 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      962 12 I Where tv entertain... Where to entertain... Where to entertain... Where to Swing at Club 5 with the delightful sounds of the golden oldies Happy Hours Daily 5-Bpm (except Sundays) Drinks ai ONE for ONE prices dub^ Temptations served round the clock... only at Cafe Excelsior A delightful selection of
      962 words
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      Page 12 Advertisements Column 2
      208 12 'hkUWik&jtyfhi May 14, '89 Mandarin Ballroom U m 7 hi V ,A^ Mother's Day Special Buffet Lunch Live entertainment k The latest fashions from top boutiques Special numbers by Production m D'Orient dance troupe f Songs dedicated to Mum Lucky Draw for Mum. Win a beautiful jewellery set. National home
      208 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      192 13 entertain..., A 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 /m Century Park Sheraton Singapore 16 Nossim HHI. Singapore
      192 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      643 13 12 113 26 27 CRYPTIC PUZZLE ACROSS 1 Possible result of handling paper (6) 7 Kitchen worker for whom a small item is costlier (6, 2) 8 Behind the clock (4) 10 Hags for whom there may be scorn out East (6) 11 As historically involved in a drama (6)
      643 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1313 13 Deceptive hubby OUR CHOICE INTIMATE BETRAYAL, 10.30pm, Ch 5 A loving couple stay at Wakefield Inn. an exclusive country resort managed by the husband. But his past seems to have caught up with him when one day, a mysterious stranger appears and frightens the heck out of him. Running away
      1,313 words
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  • SPORTS
    • Article, Illustration
      Muru the favourite
      469 14  -  GOLF By CHARLES SAVAGE THE NEXT few weeks will be golf packed with the second leg of the BP Circuit tomorrow, the Royal Johor Golf Classic from May 24 to 27, the Tiger Open from June 8 to 11 and the Sabah Masters from June 7 to
      469 words
    • Article, Illustration
      Lock icon Call for greater access to US tour
      452 14 AP PRO GOLFER Jack Nicklaus joined Tom Watson in a call to provide non-US players specifically Spanish star Seve Ballesteros with greater access to the US pro tour. "Once a guy has earned his stature in the game, he can only help any
      AP  -  452 words
    • Article, Illustration
      Lock icon Jordan does it again
      339 14 BASKETBALL NYT THE GAME was deadlocked, 103-103, entering the over-time on Tuesday night at Madison Square Garden. It was Michael Jordan time. Time for him to take over the game. And he did. After being limited to 25 points through four periods in which the Knicks
      NYT  -  339 words
    • Article
      Lock icon Commissioner gets report on gambling allegations
      311 14 BASEBALL AP US BASEBALL COMMISSIONER A Barlett Giamatti got the report on gambling allegations against Pete Rose on Tuesday, but there was no indication when the Cincinnati manager's fate would be decided. A source familiar with the inquiry said that investigator John Oowd personally
      AP  -  311 words
    • Article
      Lock icon For a moment, Duran was richer by US$3m
      207 14 BOXING AP FOUR-TIME boxing champion Roberto Duran received more than US$3 million in income tax refunds last year from the Internal Revenue Service, though the agency owed him US$6O,OOO The US Justice Department is seeking a refund from Duran. But his lawyer,
      AP  -  207 words
    • Article
      Lock icon Sabatini's potential challengers breeze through in Italian Open
      409 14 TENNIS AP THE THREE PLAYERS most likely to challenge top-seeded Gabnela Sabatini for the US$6O,OOO first prize in the Italian Open women's tennis championship powered through their second round matches on Tuesday. Second-seeded Manuela Maleeva of Bulgaria downed Italy's Barbara Romano 6-3,
      AP  -  409 words
    • Article, Illustration
      Lock icon Lendl looks poised to win French Open
      544 14 UPI THREE WEEKS before the start of the French Open, Ivan Lendl would seem to stand alone among favourites. After briefly losing his world No 1 ranking to Mats Wilander, Lendl again has pulled himself far above the pack as he strives for
      UPI  -  544 words
    • Article
      Lock icon 'Canadian track body ignored warnings about drug use'
      295 14 BEN JOHNSON INQUIRY AP THE CANADIAN Track and Field Association ignored for years repeated warnings from its coaches about drug use among athletes, a top coach said on Tuesday. Andy Higgins, head of the University of Toronto track centre. told a federal
      AP  -  295 words
    • Article
      Lock icon Chang survives first-round scare
      222 14 Reuter SECOND SEED Michael Chang considered himself lucky to survive his first round match at the U*****,000 US Clay Court tennis championships in Charleston on Tuesday. Chang, ranked 20 in the world, rebounded from a sluggish start to defeat fellow American Jimmy Brown 3-6 6-3 6-4.
      Reuter  -  222 words
    • Article, Illustration
      Lock icon Theunisse captures fourth stage of Tour de Trump
      304 14 CYCLING AP DUTCHMAN Gert-Jan Theunisse left a pack of 20 riders with 1.5 miles (2.4 km) left and easily won the rain-dampened fourth stage, while Norway's Oag Otto Lauritzen maintained his overall lead on Tuesday in the Tour de Trump bicycle race.
      AP  -  304 words
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  • COMPANIES & STOCK MARKETS
    • Article
      JC-MPH shareholders asked to approve inter-group transactions
      367 15  -  By WILLIAM CHIA JACK CHIA-MPH has become one of the first listed companies to ask its shareholders to approve inter-group transactions as required under a 1987 amendment to the Companies Act. The amendment under Section 160, effective since May 15, 1987, requires a
      367 words
    • Article
      Trading in JC-MPH TSR(A) to cease after May 18
      166 15 TRADING in Jack Chia-MPH Transferable Subscription Rights (A) will cease after the close of business on May 18. This is to facilitate the registration of TSR (A) holders by the stated deadline of 4pm on May 31, when the TSRs will
      166 words
    • Article, Illustration
      SBS to continue rationalising and streamlining network
      576 15  -  By KEVIN GWEE TO MEET the increasing competition posed by the Mass Rapid Transit, Singapore Bus Service (1978) Ltd (SBS) is to continue with tenacity its present momentum in rationalising and streamlining its network to ensure optimal use of resources. With the MRT
      576 words
    • Article, Illustration
      Singapore Land to go ahead with Gateway deal
      368 15 SINGAPORE LAND has finally bowed to pressure from the Stock Exchange of Singapore and is going ahead with its acquisition of shares in Gateway Land Pte Ltd from the Shing Kwang Group (SKG) of companies. Sing Land had earlier aborted the deal
      368 words
    • Article
      Lock icon MMC Marketing expects M$1b turnover next year
      410 15 NST MALAYSIA Mining Corporation's marketing arm, MMC Marketing Sdn Bhd, hopes to achieve a Msl billion turnover during its next financial year ending Jan 31. 1991. The ambitious projection is based on the strength of its current growth and business development programmes, which
      NST  -  410 words
    • Article
      LATEST
      173 15 THE NORTH BORNEO TIMBERS Bhd: Group profit after tax and minorities of M 51.75 million ($3.23 million) on turnover of $8.62 million ($12.15 million) for the year ended Dec 31, 1988 Earnings per share fell two sen to three sen. Net tangible assets backing per share rose to M
      173 words
    • Article
      Hotel Prop intends to engage Four Seasons
      627 15  -  Terms for managing of new hotel being discussed By MAGDALENE NG HOTEL PROPERTIES Ltd has signed a letter of intent with the Canadian-based Four Seasons Hotels to manage its new 270room hotel being built behind the Singapore Hilton at Orchard Road. In making
      627 words
    • SES
      • Article, Illustration
        ST index little changed in rather featureless trading
        1148 16  -  rrao by HERMAN PHUA EARLY PROFIT-TAKING was followed by last-minute bargainhunting by investors in a rather featureless trading day on the local stock market yesterday. The Straits Times Industrials Index fell by nearly seven points in the morning before recovering to close
        1,148 words
      • Article
        Unit trusts
        332 16 Managers' prices for May 11 Singapore Unit Trust OCBC-SIMBL Investment Savers Cop*tol Fund 0 98 102 Savers Trust Fund 097 1 01 The Commerce The Saving* Fund S'pore Prog Fund S pore Sec Fund S'pore Invest Fund S'pore €qu«ty Fund 1 15 098 045 0/6 080 054 122
        332 words
      • Article
        COMPANY MEETINGS
        62 16 FOCAL FINANCE LTD: 21st AGM at 65 Chulia Street #19-00, OCBC Centre, Singapore 0104, today at noon. KEPPEL CORPORATION LTD: 21st AGM at the Registered Office. Keppel Corporation Ltd, Board Room. 325 Telok Blangah Road. Singapore 0409, tomorrow at 2.30 pm. GANDA HOLDINGS BHD: 20th AGM at Wisma
        62 words
      • Article
        SES SHARE INFORMATION
        6162 16 1989 High Low Tel Code Company Last Sale MAY 10 orVol ('000) Day High Low Last Quote Buyer Seller Gr's Olv Olv C'vr Gr's Y'W Net P/E M Cap (mil SESDAQ 168 93 180 7014 94 100 101 8214 190 9114 104 141 100 8714 120 t
        6,162 words
    • KLSE
      • Article, Illustration
        Lock icon Indecisive trading in KL
        3651 17 MBT SHARE PRICES ended mixed to firmer at the Kuala Lumpur stock market yesterday as dabblers were indecisive and buying alternated with profit-taking. After a prolonged weekend (the market was closed on Monday and Tuesday for Hari Raya Puasa), investors showed no urgency. Bouts of profit-taking
        MBT  -  3,651 words
    • REGIONAL MARKETS
      • Article
        Lock icon Row in Tokyo over deregulation
        539 18 Protest over review of securities-banking barrier AFP THE JAPANESE Finance Ministry has proposed two ways to bridge the long-standing separation between banks and securities houses amid strong protests from Japan's powerful securities houses. In Japan, as in the US, strict regulatory law separates banks and
        AFP  -  539 words
      • Article, Illustration
        Lock icon Bond denies plans to move brewing into Bell
        589 18 Reuter BOND CORP Holdings Ltd has no plans to shift its brewing interests into its Bell Resources Ltd subsidiary. Managing director Peter Beckwith denied a report in the Sydney Morning Herald that Asl.B billion worth of Bond brewing assets could be sold
        Reuter  -  589 words
      • Article
        Lock icon New HK Land shares
        75 18 Reuter SHARES in Bermuda-based Hongkong Land Holdings Ltd will replace Hongkong Land Co stock next Tuesday. HK Land has said. In mid-March, HK Land said it would create a Ber-muda-based holding company. The company said shares and warrants in locally-incorporated HK Land will be cancelled at
        Reuter  -  75 words
      • Article, Illustration
        Lock icon Stocks close mixed
        594 18 Tokyo Reuter TOKYO share prices closed mixed in light trade yesterday. The key Nikkei index was slightly lower, giving up earlier gains, due mainly to selling linked to unwinding of in-dex-futures arbitrage positions in the afternoon. There was also lack of conviction amid uncertainty over interest rates
        Reuter  -  594 words
      • Article, Illustration
        Little change
        380 18 Australia MAY 10 CENTS *1MOUSTRIALS Aberfoyle 480 uoch Amatil 1200 uoch 1170 20 Amcor 434 -3 Ampol Expl 185 *3 Ani 91 Nts 365 -18 Ani 96 Nts 255 unch Ani 143 unch Aiu 506 -2 Ariadne Ausl 16 unch Arootts 590 4-4 Ashton 124 *-3 Beach 22S
        380 words
      • Article, Illustration
        Shares end higher in see-saw trade
        1442 18 Hongkong HONGKONG share prices closed higher in active trade yesterday, reversing the market's earlier losses and subdued tone. The Hang Seng index rose 18.73 points to 3.280.98, retrieving a morning loss of 15.04 points. "It's pretty clear the market's consolidation phase is over and
        1,442 words
      • Article
        Lock icon Manila: Mixed close
        193 18 Reuter PHILIPPINE STOCKS were mixed yesterday at the close of an active day's trade as buy orders switched to commercial and industrial issues from mines following further declines in metal prices, brokers said. The Manila Stock Exchange composite index closed at 1,044.01 points, up slightly from Tuesday's
        Reuter  -  193 words
      • Article
        Lock icon Seoul: Marginal gain
        175 18 Reuter THE SEOUL composite stocks index closed marginally higher yesterday after institutions took profits in the afternoon, erasing early gains. Just before the close, the index was up 0.95 at 951.11. Turnover was very, weak at 206.7 billion won against 236.7 billion on Tuesday. About 8 4
        Reuter  -  175 words
      • Article
        Lock icon New Zealand: Quiet session
        167 18 Reuter SELECTED leading shares in New Zealand weakened yesterday, dragging the Barclays Index lower at the close in a market consolidating after last week's gains. The Barclays Index eased 7.37 to 1,981.10. "We are in a period of consolidation. The market needs to do some work
        Reuter  -  167 words
      • Article
        Lock icon Taipei: Moderately higher
        451 18 Reuter THE TAIWANESE stock index ended moderately higher yesterday after a day of heavy trading that saw investors scrambling to minimise their risks, dealers said. The weighted index gained 24.51 points to finish at 8,501.43 against Tuesday's 8,476.92 close, while turnover remained high at NT599.95 billion compared
        Reuter  -  451 words
      • Article
        Lock icon Bangkok: Index down
        159 18 Reuter THE Securities Exchange of Thailand Index fell 0.23 points to 515.21 yesterday on turnover of 17,408.955 shares worth 1.295.99 million baht. MAV 10 BAHT Ao Kham Thai 400 -2 Ayudhya Investment 38 SO unch Bangkok Agro-lnd 72 1 Bangkok Bank 291 unch Bank Of Ayudhya 340
        Reuter  -  159 words
      • Article
        Lock icon Bombay: Selling pressure
        177 18 Reuter BOMBAY share prices fell under selling pressure triggered by end-of-account considerations and the shifting of Tata Steel from the forward trading to spot delivery list. Brokers said the exchange was shifting Tata Steel to the spot delivery list from May 15 in view of the company's
        Reuter  -  177 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Lower close for eighth day
        876 19 New York Reuter WALL STREET stocks closed lower on Tuesday for tho eighth consecutive session, pressured by a weak bond market. Traders said too many potential buyers are on the sidelines for the market to stage any meaningful bounce although one seems overdue. Hugh Johnson,
        Reuter  -  876 words
      • Article, Illustration
        Lock icon Equities marked down
        998 19 London Reuter LONDON SHARES were mostly marked down at the start of morning trading yesterday following a weaker Wall Street close and in the absence of fresh bid news. Dealers said there was little sign of selling pressure and market makers were taking the opportunity to cut
        Reuter  -  998 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1668 19 Reuter MILAN: Italian shares maintained their gains in late trading yesterday, with foreign buying interest focussing on Montedison ahead of a possible Cabinet decision on tax breaks for its Enimont chemical venture, dealers said. Problems relating to the Giugni's brothers' insolvency also appear to have been largely
        Reuter  -  1,668 words
      • Article
        Lock icon US exchanges cash in on Japanese boom
        679 19 New foreign stock index products to be launched Reuter US EXCHANGES are hoping to capitalise on this year's eyepopping Japanese stock market rally as well as a growing appetite (or foreign investment by offering US investors a way to tap world equity markets
        Reuter  -  679 words
      • Article
        Lock icon PanAm may join hands with billionaire family to bid for NWA
        286 19 Reuter AILING PanAm Corp, itself rumoured as a takeover target, has joined together with one of America's richest families for a possible buyout of NWA Inc. the parent company of Northwest Airlines. A takeover by PanAm and an investment
        Reuter  -  286 words
      • Article
        Lock icon Boeing to compensate for late deliveries of 747-400s
        249 19 Reuter BOEING CO plans to compensate airline customers for late deliveries of 747-400 aircraft. "Our contract has not been met and like any good business we will get together with the airlines and agree on a settlement," Phil Condit, executive vice-president of
        Reuter  -  249 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      124 15 CURRENCY INVESTMENT AMI Rl< i:\PRI SS HANK TEL: 321 3333 FOR THE VIEWS OF FINANCIAL EXPERTS >/ Changes in interest and exchange rates affect your business. BANKING FINANCE brings to you the views of experts in Singapore as well the other financial centres, from Hongkong and Tokyo to London and
      124 words
  • Page 15 Miscellaneous
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      87 18 Provocative. Revealing, The inside story of the White House A provocative and revealing insider's account of Ronald Regan s presidency and those who influenced him including a blow-by-blow account of the Iran-Contra debacle. Written by the man once called 'the second most powerful man in America. ;.,\W FOR THE RECORD
      87 words
    • Advertisement
      Page 18 Advertisements Column 2
      51 18 How to get 'Out of the Crisis' "OUT OF THE CRISIS" is a practical book which examines two of the central issues facing industry how to increase productivity without sacrificing quality, and how to capture markets from competitors. W r.IHARDS IJFMING sis K. J*L Available at all good bookshops STP
      51 words
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      Page 18 Advertisements Column 3
      6 18 On target, Chart Point every Saturday
      6 words
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  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      121 19 NOTICE NOTICE IS HEREBY GIVEN that, I Woo Yue Kiong of Blk 53 Geylang Bahru, #08-3603 Singapore (1233), have applied for a Public House First Class licence in respect of premises at M/s. Missing You Deluxe Lounge at 89 Short St. 81-09 Golden Wall Auto Ctr Singapore (0718), and that
      121 words
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      Page 19 Advertisements Column 2
      642 19 NOTICES MORGAN CO. PTE. LTD. (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) of the Companies Act Cap. 50 that a Final Meeting of the members of the above named company will be held at 1 Colombo Court 05-23 A, Singapore 0617,
      642 words
    • Advertisement
      Page 19 Advertisements Column 3
      380 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TSI (FAR EAST) PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of TSI (Far East) Pte Ltd duly convened and held at Hans-Pinsel-Strabe 7, D-8013 Haar (near
      380 words
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  • Article, Illustration
    SIA boosts its share of GDP to 4.5pc
    354 20  -  Healthy 22pc rise in value-added output By MARTIN SOONG RIDING the back of the transport and communications sector's 10.2 per cent growth in 1988, the highest in six years, the Singapore Airlines Group last year boosted its contribution to the economy to
    354 words
  • Article, Illustration
    Lock icon Minebea chairman dies of pneumonia
    194 20 Reuter TAKAMI TAKAHASHI, chairman of Minebea Co Ltd, yesterday died of pneumonia. He was 60. Mr Takahashi was immediately replaced by Mr Iwao Ishizuka, who was formerly vice-chairman, said a company spokesman. The death of Mr Takahashi coincided with the release of the group's results
    Reuter  -  194 words
  • Article
    Lock icon Won appreciation nearing limit
    101 20 AFP SOUTH KOREA'S top economic official said yesterday that the government would prevent further significant appreciation of the won to avert additional damage to exports. "Any significant appreciation of the currency is not possible for us because of damage to exports," Deputy Premier and Economic Planning
    AFP  -  101 words
  • Article
    Lock icon 'Japan's purchase of foreign chips will fall short'
    435 20 AP Reuter JAPAN'S procurement of for-eign-made semiconductors will fall 2 per cent short of the US target of 20 per cent of the Japanese market by 1991, a major Japanese economic newspaper said yesterday. The Nihon Keizai Shimbun made the prediction based
    AP; Reuter  -  435 words
  • Article
    Hongkong to let in only 3,000 foreign workers to ease shortage
    306 20  -  By FOO CHOY PENG Hongkong Correspondent THE HONGKONG government will let in no more than 3,000 foreign workers to help meet the colony's labour shortage. In what is being dubbed a "please nobody" decision, the government said employers wanting
    306 words
  • Article
    Lock icon 'Most Hongkong people will stay'
    113 20 AFP MORE THAN 90 per cent of Hongkong's 5.6 million people are expected to stay on before China's takeover of the British colony in 1997, the colonial government said yesterday. Those who choose to stay "will enjoy the sheer thrill of living in the most
    AFP  -  113 words
  • Article
    Lock icon Chinese tax evasion
    59 20 Reuter AT LEAST half of China's state and publicly-owned enterprises were caught trying to evade taxes last year, the New Cnina News Agency reported yesterday. Companies run directly by the state and labour service firms were the worst offenders. A survey showed the firms evaded 12.31 billion
    Reuter  -  59 words
  • Article
    Lock icon US computer makers may form new lobbying group
    373 20 NYT MAJOR US computer manufacturers, worried about proposed new sanctions on Japanese-built semiconductors, are on the verge of forming a new industry group to push their views in Washington. The companies depend on Japan for memory chips and other components used in
    NYT  -  373 words
  • Article
    Lock icon US semiconductor orders hit record high last month
    174 20 NYT rHE LEADING INDICATOR of the US semiconductor industry showed continued strength as semiconductor orders reached another all-time high in April, a trade group reported on Tuesday. The Semiconductor Industry Association, based in Cupertino. California, reported a book-to-bill ratio of 1.05 for
    NYT  -  174 words
  • Article, Illustration
    Lock icon Picasso painting fetches US$48m
    244 20 Agencies AN INTENSE, brooding Picasso self-portrait done during the artist s Blue Period was sold yesterday at a Sotheby's auction in New York for US$47 85 million, a record for the artist and the second-highest price ever paid for a single artwork at auction. Yo Picasso's
    Agencies  -  244 words
  • Article
    Lock icon KL outlines conditions for those wanting to visit China
    174 20 Bernama MALAYSIAN Deputy Home Minister Oatuk Megat Junid Megat Ayub yesterday outlined the conditions under which the government would consider applications from Malaysians aged not less than 30 years to visit China. Approval for such visits would carry various conditions, he
    Bernama  -  174 words
  • Article
    Lock icon Comex gold
    87 20 Reuter COMEX GOLD FUTURES yesterday gave back gains on early selling carried over from the morning's profit-taking setback in silver. June gold was marked down US$O.BO at U*****.50 an ounce, having corrected from a high of U*****.20. Analysts said gold shadowed silver, which has apparently taken a leadership
    Reuter  -  87 words
  • LATE FILE
    • Article
      Lock icon Two Malaysian MPs to quit seats
      58 20 Bernama DAP Deputy Secretary-Gen-eral Lee Lam Thye said yesterday he will not back out of the contest with MCA Deputy President Lee Kim Sai and will be at Parliament House today to tender his resignation as MP for Bukit Bintang. Likewise, Liew Ah Kim
      Bernama  -  58 words
    • Article
      Lock icon 1.3m applying to join Umno
      38 20 Bernama UMNO Secretary-General Datuk Mohamed Rahmat said in Johor Baru yesterday that more than 1.28 million membership application forms have been processed by the party so far and none had been rejected. Bernama
      Bernama  -  38 words
    • Article
      Lock icon Stability needs openness: envoy
      29 20 AFP OUTGOING US Ambassador to Indonesia, Mr Paul Wolfowitz, said in Jakarta yesterday that he believed long-term stability in Indonesia will require political openness. AFP
      AFP  -  29 words
    • Article
      Lock icon Manila's export of electronics up
      50 20 AFP Philippine electronics exports rose 19 per cent in the first two months of 1989 to U*****.3 million to remain the country's top dollar earner, the Manila National Statistics Office (NSO) said yesterday. The country's export earnings totalled $1.14 billion in January and February. AFP
      AFP  -  50 words
    • Article
      Lock icon Taipei seeks funds for venture
      54 20 AFP TAIWAN is seeking funds amounting to about US$l5 million from the private sector to invest in a 15 per cent stake in a Washington, DCbased space module manufacturer, said Mr Chao Chichang. chairman of the Industrial Development Bureau's committee for aviation and space industry
      AFP  -  54 words
    • Article
      Lock icon Sydney plans own clearing house
      43 20 Reuter THE Sydney Futures Exchange is planning to set up its own clearing house instead of working through the London-based International Commodities Clearing House Ltd. said SFE committee member and Macquarie Bank Ltd commodities director Clive Carroll yesterday.
      Reuter  -  43 words
    • Article
      Lock icon NZ posts lower budget surplus
      36 20 AFP NEW ZEALAND'S Finance Minister David Caygill announced yesterday a net budget surplus of NZ$l.63 billion for the fiscal year ended March 1989. The surplus was NZ$65O million below forecast. AFP
      AFP  -  36 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      153 20 of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens, elegant one or two bedroom suites right in the heart of Orchard Road. At The Ascott, we take pride in giving our (lients their own home. A spacious, private living environment that offers the ultimate in luxury and convenience.
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      14 20 More stories on PAGE 3 Japan approaching US in electronics output level, PAGE 4
      14 words
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      Page 20 Advertisements Column 3
      361 20 I Put your managerial and business skills to the test f Join in TITR NATIONAL MANAGEMENT a trip to i >moZ n l K °r 9 and *10,000 JZ°*hot prizes) GAME 1989 Tite exciting, rewarding and realistic learning experience of running your Company'in competition with others The National Management Game
      361 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Port strike at New South Wales
        92 21 Reuter NEW South Wales ports were closed after more than 1,500 maritime workers voted to stop work until today. A spokesman for the ports co-ordi-nating committee, a group of about 20 Maritime Services Board (MSB) trade unions, said ship loading would continue as normal
        Reuter  -  92 words
      • Article
        Car carrier sinks off south Japan
        99 21 THE 5,775 dwt Panamanian motor vehicle carrier Orange Coral sank after a collision in Kurushima Strait, southern Japan, with the Panamanian tanker Shamrock Ocho on May 2, Lloyds Shipping Intelligence said. The Orange Coral was bound for Hiroshima from Mizushima laden with 138 automobiles
        99 words
      • Article
        Lock icon USSR to buy ships from Japan
        78 21 AFP THE Soviet Union has approached Japanese firms about building more than 100 ships, including a 200,000-ton tanker and a deluxe passenger liner, industry sources said. Soviet Merchant Marine Minister Yuri Volmer asked Tokyo-based major trading companies to cooperate in a Soviet project to
        AFP  -  78 words
      • Article
        Lock icon Ship declared total loss after fire
        52 21 Reuter THE 12,182 dwt Cypriot refrigerated ship Kastora has been declared a constructive total loss following a major fire on board last month, Lloyds Shipping Intelligence said. The fire broke out while the ship was south of Haiti. It was carrying a cargo of
        Reuter  -  52 words
      • Article
        Lock icon Salvors refloat Indian tanker
        145 21 UPI AN INDIAN supertanker that ran aground off the Saudi Arabian coast and leaked 3.9 million gallons of oil into the Red Sea was refloated after running aground for a second time, shipping sources said. The Gulf-based sources said the 276,744-ton Kanchenjunga was refloated on Tuesday
        UPI  -  145 words
    • Article
      Lock icon S Korean yards receive more orders
      204 21 Reuter NEW foreign orders with South Korean shipyards rose to 60 ships totalling 1.13 million gross tons in the first four months of 1989 from 10 ships totalling 622,000 tons a year earlier, South Korean trade ministry officials said. The value of the orders
      Reuter  -  204 words
    • Article
      Index to advertisers
      764 21 ABC Contoinerline XI S Accord Shpg VIII 1/2 Arrow linos XI 5 ANl III 1/2 A PC line VII 5 API V 35 ASCI V 1 Austrosio line VII 1 Bolt Conoda line IX 4/5 Bolt Orient line IX 4/5 Baltic Orient Shpg XI 4 Bangladesh Shpg
      764 words
    • Article
      Salen, SCI confirm ship orders with Hyundai
      357 21 SOUTH KOREAN shipbuilder Hyundai Heavy Industries has confirmed new orders from the Shipping Corp of India (SCI) and Salen Group of Sweden for two bulk carriers each, Hyundai's sales manager said. Salen made firm orders in March for two 167,000-dwt combined ore/bulk/oil carriers,
      357 words
    • Article
      Singapore as an alternative base for HK owners
      473 21  -  By RAHITA ELIAS HONGKONG shipowners, faced with the prospect of a new regime in 1997 when the British colony returns to China, could consider Singapore as an alternative base. "The logical thing (for Hongkong shipowners) to do is consider seriously being based
      473 words
    • Article
      Thailand urged to develop Kantang port
      314 21  -  By Richard Ng THE THAI government has been urged to develop Kantang port in south Thailand instead of building a new deep-sea harbour at Krabi. The Trang Chamber of Commerce president Surin Tothaptieng said Kantang in Trang province, about 130 km south of Krabi,
      314 words
    • Article
      4pc rise in S'pore's cargo throughput
      450 21  -  By JEAN FOONG SOME 36 million tonnes of seaborne cargo were handled through Singapore in the first three months of this year, a 4 per cent increase compared with the same period last year. Official statistics show that 20.7 million tonnes of seaborne cargo,
      450 words
    • Article, Illustration
      Growing interest in LPG carriers
      1070 22 The early signs of an upturn in interest in gas carrier newbuildings, .detected a year ago when LLOYD'S SHIPPING ECONOMIST last examined the world gas Hsihip orderbook, did in fact result in a significant rise in LPG newbuilding contracts. Although the first quarter of 1989
      1,070 words
    • Article, Illustration
      Port Conditions
      306 22 All surveys were conducted on April 18. ASIA Bangladesh: Chittagong 20 vessels operating. Mongla 10 vessels operating. China: Dalian, Xingang, Qingdao and Xiamen Normal operation. India: All ports Strike is on. Japan: All ports Work resume, normal operation. Pakistan: Karachi Waiting time of up to two weeks. Port
      306 words
    • Article
      Who acts for whom ...
      2306 22 Who acts for whom A B AB Shipping Boustead Shpg Agencies IS) ABBS Line SMS Pte Lid (S)/T u nat Sena (PK/KL). ABC ConUinerline 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
      2,306 words
    • Article
      Seven major ports to take part in Asia Pacific Freight conference
      278 22 SEVEN major world ports will be exhibiting at the Asia-Pacific Freight 2 Exhibition and Conference to be held in Singapore from May 23 to 25. They include the Port of Seattle in the United States; Port of Fujairah and
      278 words
    • Article
      Shipping events
      209 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
      209 words
    • Article
      No bids submitted for Bangkok's CFS project
      268 23  -  By RICHARD NG BUILDERS last week again snubbed a State Railway of Thailand invitation to build a multi-million dollar container freight station in Bangkok The deadline for the bid submission passed on May 4 without any proposals submitted for the project, estimated to
      268 words
    • Article
      London Freights
      1053 23 THE DRY cargo freight market on Tuesday saw scattered business in most sectors of the market, some of which helped to lift the Baltic Freight Index to a fourth consecutive record at 1,704, up five points Brokers said there remained confusion over recent grain fixing from the US
      1,053 words
    • Article
      SHIPPING LIST where your ships are due... and when
      6050 30 AARHUS Axel Maersk. Maersk Line. May II Ever Given. Evergreen. May II Benalder. Triot. May ll(PK). La Seine, Triot. May 12 Norasia Al Mansoorah Norasia Line. May 13 Ming Prosperity. Yang Ming. May 13 Kang Me. China Ocean Shpg. May 13
      6,050 words
    • Article
      SHIPS IN PORT
      1583 32 AT CONVENTIONAL WHARVES Voy No Berth Arrival Departure KEPPEL WHARVES 8°» Voy I K30 olongs.de 1205/ 0500 Continent 1 3,89 K3I olongs.de 1305/ 0900 J range hang OS 02 K29 alongside 1205/0600 Kohhj Moru 2,89 KI6 olongside 1105/1800 1'atol.ng PG89II KI7 olongside 1005/ 2300 lotowo 01 K33
      1,583 words
    • Article
      ITEL joins Sea Containers in takeover fray
      202 32 ITEL, the world's biggest container lessor, has made a surprise entry into the takeover fray for Sea Containers, as a potential buyer of its container business. According to a Lloyd's List report, ITEL president Rod Dammeyer declared in New York last Friday that
      202 words
    • Article
      Hope revives for 26 missing crewmen
      160 32 HOPE was revived for 26 missing Filipino crewmen on Tuesday when pieces of wreckage believed to be from their ship were spotted in the southern Indian Ocean, rescue officials said. A spokesman for the Rescue Coordinating Centre (RCC) said the wreckage was spotted by
      160 words
    • Article
      US court rejects request for an injunction against Sea Containers
      417 32 A FEDERAL court in Washington has rejected on all counts the request for a preliminary injunction against Sea Containers sought by Stena Finance and its Swedish affiliates. Stena had previously disclosed a stake in excess of 8 per cent in
      417 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      7 21 TIMES STP Distributors 00 m si't CESS
      7 words
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      Page 21 Advertisements Column 2
      19 21 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National W&) Shipping Association. vJPBPK/
      19 words
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      Page 21 Advertisements Column 3
      407 21 THE SPECIALIST IN: i AVAILABLE INTERMARINE SUPPLY CO. (PTE) LTD. TEL KM) (I IMS) Til- MCCO RS SOS FAX; 384C7 INSIDE J.A -l Interest in LPG ships With the upturn in new LPG contracting, optimism among owners regarding the mediumand long-term outlook for seaborne LPG demand, gave rise to a
      407 words
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      147 22 NOTICE 6fficial notice Proposal to CHANGE OF i SHIP'S NAME i I, David R. Moody of Clew Enterprises Private IJ.mlted, hereby give no-t*ee-Qiat in consequence of jftlrfchase of the vessel "ALIA", I have applied to the Registrar of Singapore Ships, under Section 386 of The Merchant Shipping Aftt (Chapter 179)
      147 words
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      989 23 tAulicnK'* i h» CJtuility iJcrvict' \W/ im Jordines JAROINE SHIPPING ACENCIIS TOO Cantonment Road #12 05 SouHipotnt. SinfapM* 0701 r« *****11 TEIIX NO RS 241/9 terminal,cfs rn *****18 220 BOOKINGS ret ***** M 2)5 PtSAKA JAROINC SMIffINC ACENCIIS SON BMO PORT KEIANC 111 *****18 T«<«i No MA3947//MAJ97OI PENANG TIL *****4
      989 words
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      Page 23 Advertisements Column 2
      1083 23 MAERSK LINE "Port 'Penang Keiang DESTINATIONS This LeiM M Closing Tim* CY 15/5 2300 MRS CFS J5/5 1200 MRS LEISE M 8906 16* LOUS M 8906 23/5 MARGRETHE M 8906 30/5 METTE M 8902 6/6 7* LAURA M 8906 13/6 14/6 REGINA M 8906 20/6 21/6 LEXA M 8906 27/6
      1,083 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      614 24 u Hapag-Lloyd CONTAINER SERVICE TQ UK/COMTIMENT BENALDER LA SEINE BENAVON TOKIO EXPRESS NIPPONCA OSAKA BAY TOLAGA BAY HEIDELBERG EXPRESS SOUTHAMPTON ROTTERDAM/ ANTWERP LE HAVRE 6/6 iJ ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN. AARHUS. GOTHENBURG, MALMO, HELSINKI. OSLO, AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT
      614 words
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      Page 24 Advertisements Column 2
      459 24 COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG-SOOI A express SEMM:OWTAJ« swvx;! to COLUMBUS NIUGINI V6S TAYBANK VIOS SPORE 28/5 Port Moresby, lae, Rabaul. 7/6 Port Moresby. Lae. Rabaul. Kimbe Acceding LCL cargo for main ports discharge and also to Wcwah. Kavteng, Kieta. Honiara via Transhipment Port Kotang's Agent: H
      459 words
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      Page 24 Advertisements Column 3
      812 24 jnirriiiu limits, mursaay, may 11, i»ou xj r. o w 'AJ L I JJIiSL\Ws _S2_j VD tor_i>r TO EUROPE (VIA EEEOER) NORASIA AL MANSOORAH VB9OB 3 10/5 U/5 13/5 R °J NT LEH JAPAN SEA 909-W 16 5 17 5 17 5 i?i ,f£ Jff 1( W 12/6 NORASIA PEARL
      812 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1346 25 Steamers Maritime Holdings Ltd P&0 CONTAINER SERVICE TO UK/CONTINENT LA SEINE BENAIDER TO* 10 EXPRESS BENAVON NIPPONICA TOKYO BAT OSAKA BAT TOIAGA BAT KOWIOON BAT Also Accepting Hamburg to Rotterdam to Bremen law en to Southampton to Cargo For: Copenhagen Aarhus. Gothenburg. Malmo. Stockholm. Helsinki. Sondefburg Antwerp, Amsterdam Oslo. Basle.
      1,346 words
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      Page 25 Advertisements Column 2
      884 25 YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FULLY CONTAINERISED SERVICE PMG ♦»< FLOTA MERCANTE GRANCOLOMBIANA, S.A NAf DNi.ciNlO' 0 ;v 8 To Buenavetitura/Barranquilla/Santa Marta/Cartagena/ Cristobal/Santo Dom ngo/Port Au Prince Pto Qu«tzal/Aca|iitla'San lorenzo/Coonto/Pto Caldera CAVN COMPANIA ANONIMA VENEZOLANA D€ NAVEGACION (NATIONAL LINE OF VENEZUELA) To: Maracaibo/Pu«rto Cabello/George Town/Guaranao/ La Guaira/PTo Sucre,
      884 words
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      Page 25 Advertisements Column 3
      144 25 EAST MALAYSIA SNIPPING ENT. (PTE) LTD 41-A AMOY 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 U/5 Receiving cargo it M 2 (PSA Marina Wharf) from Monday to Saturday (MARINA WHARF OFFICE
      144 words
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      Page 25 Advertisements Column 4
      405 25 rage Sun Hup Co (Pte) TEL *****0S (20 LI nee) TLX RS22CXI RSiM'/C fc. KASTKKN CAR LIN'KK. LTD STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT VESSEL ASIAN TANJUNG SFKI VOY NO S'pore P. Kelang Penang Hong Kong Yokohama Nagoya Osaka Senboku Moji Takamatsu TANJUNG PINANG 2 SEKI MATSUYAMA
      405 words
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      Page 26 Advertisements Column 1
      535 26 IISINOSE PTE LTD H ISLAMIC MPUBLIC Of IRAN SHIPPING LINKS IRANIAN SERVICE IRAN MEEAD PJL69I Singapore Loading (or Sid BANDAR ABBAS f**OWA\ KYOWA LINE SOUTH PACIFIC SERVICE KYOWA VIOLET V 25 KYOWA HIBISCUS V 37 GUAM. SAIPAN, HRA. VILA. NMA. LTK, SVA. PAGO. APIA GUAM. SAIPAN. HRA. VILA NMA. LTK.
      535 words
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      Page 26 Advertisements Column 2
      709 26 HAN JIN SHIPPING CO., LTD. Kl'i.l.V CONTAINERISED SERVICE TO EUROPE VIA SUEZ I TO USA PACIFIC SOUTH WEST CHOYANG PARK 002W HANJIN OAKLAND 007W CHOYANC SUCCESS 003W HANJIN TONCHAE 068W LeHavre R dam H burg B haven F slow. 31/5 lit 2/6 4* V* 7/6 8/6 9/6 11/6 12# 14/6
      709 words
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      Page 26 Advertisements Column 3
      265 26 INTEROCEAN UNE 78. 2nd Floor. Jalan 2/71, Taman Tun Or Ismail, ***** KL. Tal: *****34, *****94, *****26 TLX. NO. MA-***** FAX: 03-*****11 Panang Off: Tal: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS AUSTRALIA UK/EUROPE v\ LOADING FOR SYO. MELB. ADE BRIS. FREM LE HVE. HBG. BREMEN. R DAM. GENOA.
      265 words
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      Page 26 Advertisements Column 4
      1048 26 Willi M. til VJ M. IITIUHf illUl *»*MJ EVERGREEN Full Container Service tound-The-World East Bound (FE/CARIB/USEC/EURQ/FFI EVER GARDEN EVER CROWTH EVER GRAND EVER GREET EVER GOLDEN EVER GLOBE ALSO ACCEPTING CARGO TO: 1) PROVIDENCE NEWARK SAVANNAH BOSTON PHILADELPHIA NORFOLK JACKSONVILLE WILMINGTON BERMUDA. ETC 2) ATLANTA. CHICAGO. DETROIT COLUMBUS t OTHER
      1,048 words
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      823 27 a FAR EAST PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES VESSEL MAI GUANG MAJAPAHIT GOWA ACCEPTING MURURAN/TOMAKOMAI/HITACHI CARGO VIA HKG JAKARTA BANGKOK VESSEL SEA PEARL SEA HAWK SEA HAWK SEA HAWK SURABAYA/SEMARANG VESSEL SEA PEARL KOTA MELATI SEA PEARL SEA PEARL KOTA
      823 words
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      Page 27 Advertisements Column 2
      277 27 NORBULK NORBULK CARGO SERVICES LTO. 3 tJ V REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES 'O: UK CONTINENT PQR'S 'O: INOIA/PAKfSTAN PORTS SPORE MARATHON UNITED AGENCY PTE LTO TEL: 223t3H KUPK: S P YEO SHPO A TRDO KL. 7J39A44 PK 3MAIOI SABAH: TRANSPAC KK TEL: 594M*****4 [o L' BREAKBULK SERVICE TO
      277 words
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      Page 27 Advertisements Column 3
      371 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT I I STOW HAH 8 HAVEN ROAM MA 52 W 1* 1* W 1W W a* w «rt IB* 11* ii* r- iw u E Benalder 11/S U/5 Li Seine l}/5 ftwu.on llrt rotio tapre.s U/S Ntpgonici Osaka by JS* Xft Telaja
      371 words
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      Page 27 Advertisements Column 4
      561 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMIDERA INDONESIA P.T. TftIKORA LLOYI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE SRIWIJAYA/26W8 S. PANJANG/22 WB KUTAI/17WB ANTWERP H'BURG ROAM/ADAM BREMEN 5/7 9/7 20/7 24/7 30/7 4/8 Subject to Inducement. Also accepting cargo to Casablanca, Port Said,
      561 words
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      Page 27 Advertisements Column 5
      403 27 i I BOUSTEAD SHIPPING AGENCIES PAGAN VI4IW HTONEYWA V247W PA-AN VI3W MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok «/S Ha* 13/15 May 21/23 May 5 BANK LINE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC. FORTHBANK V24N IVYBANK V24N TAUSALA SAMOA VISN SPORE ROAM HMBG HULL
      403 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      429 28 K LINE KAWASAKI KISEN KAISHA. LTD. v^nrrr EXPORT IMPORT luiaK >iii fl: i 'Ams; 4411 AGO NYC 18/6 25/6 2/7 9/7 im Kill VQli'ji'ii I IMM J Mi Tfi? in ih «i 1 KITII Kill It EXPORT IMPORT R DAM 26/4 2/5 10/5 17/5 11 i mm ihiKAVn :II;III U
      429 words
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      Page 28 Advertisements Column 2
      66 28 SWEE ANN SATU V 7/89 SANTOS V 2/89 NEW LINE No 1 V 489 v In. if, U |«K -I CJOLDENWAY MARITIME SDN. BHD. ETA ETD Loading For ITU V 7/89 6/5 10/5 Kuching,KK/Labuan V?/89 7/5 10/5 Tawrau 1 V 4/89 18/5 22/5 Labuan/Miri 6A, Lorong Cempening. off, Jin Berangan.
      66 words
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      Page 28 Advertisements Column 3
      528 28 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P.Ketang Penang Loading tor Mottwr »si By Feeder By f enter JALATAPI VC2H 21 Ma« Kandia. Bombay KALI DAS ¥42H 10 June 4 June 4 June Colombo Kandia Bombay TULSIOAS V.4IH X June 20 June
      528 words
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      Page 28 Advertisements Column 4
      378 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD a Telok Aftt Stre«t SINGAPORE 0104 TEI *>343*1 (10 LIMCS) Fai i34JiO4 STRAITS/PERSIAN GULF SERVICE: GOIOEN BEAR CotomboiKafachuDubai GOLDEN HARVEST Cotomoo.Karach. Ouba. CHINA SERVICE BAI YUN SHAN Sfengha. P Kelang Penan TONGNING A VESSEL KANG HE m XING HE 3M AN HE TM
      378 words
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      Page 28 Advertisements Column 5
      532 28 a tmuu, t iiuioun.Tf ifiaj a& f n/ua 1® PHIU-ORIENT LINES PTE LTD HEAD OFFICE: 63 ROBINSON ROAD »07-12 AFRO-ASIA BUILDING. SINGAPORE 0106 TELEX: RS ***** PHILI FAX: *****76 ETA SINGAPORE JEOOAH (LCL) WEEKLY AQABA HOOtiOAH IM-; l',V MOMBASA, DARESSALAM ASSAB BEIRA. TAMATAVE. P SUDAN REUNION, TANGA. P SUE 2
      532 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      791 29 Agents S pore G«n«ul Book fnqutfiM ft (i NEPTUNE AGENCIES PTE. LTD Bookings Imm d/ r«im»(Vil CfS •^L^? USf ,pa /«A Outlaid 2212Q22 2221A3 2/»/S3 2/SS/42 2/8/844 2/BS/S3 2/85/42 2/8/844 2KOIH 2/***** *****18 2/***** EXPORT NEPTUNE NQL ORIENT UNES LTD NEPLINE SDN BHD PK«Unf Nlumcur Penan* 36»»a/ *****3] WOO)? a.
      791 words
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      Page 29 Advertisements Column 2
      167 29 tali JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST JE CNTR LINE (P KELANG) TEL (03) 36- 1200 1 JE CNTR LINE (PENANG) TEL (04) *****6 INDIA S.E. ASIA Conventional/ LCL/FCL Service To COLOMBO, KARACHI, CHITTAGONG, BOMBAY, MADRAS CALCUTTA VESSELS AVAILABLE
      167 words
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      Page 29 Advertisements Column 3
      322 29 HEUNG-A SHIPPING Korean Flag Vessels DO* AJW) SEM.-CONTAINERISED DIRECT SERVICE TO KEIANG PENANG KEELUNG OUSAN INCHON STRAITS/KOREA SERVICE CTD BS S PORE PKIG KEE Vessel s Name ETO BS S PORE PKLG KEE BUSAN MOJI NO 9 DONAM/904N 30/04 13-15/05 14 15/05 23 23/05 26-30/05 26/05 'GLORIA/SOSN 10/05 22 22/05
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      Page 29 Advertisements Column 4
      783 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG p KELANG MESSRS MAI TMONC SNIPPING 12/ Penan| Street. Penang. Malaysia M S HANDLING SYSTEM CO
      783 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      268 30 SINGAPORE SHIPPING COHPOHATIOIM (PTE.) LTD. IH 77' i liHilH |M I FAX 77VIW/77»H*l/li ItUX Its IHH A/II SSIMA US i't Irt'l A/ll SSCAI) DSR-LIHES VEB OEUTPRACHTSSefEEOeRE 1 ROSTOCK RUEBELAND 4/89 T. WENDA 1W H CEGIELSKI 4/89 TO FAR EAST COLOMBO I accepting for: MADRAS. CALCUTTA. COCHIN. CHITTAGONG. BOMBAY FROM EUROPE,
      268 words
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      Page 30 Advertisements Column 2
      75 30 xz. T.S.K. LINE mekly containirisio soviet WITH riXEO OAY ARRIVAL EXPORTS TO TAIWAN JAPAN Q2jQ2Q3BHG2BCi9iGQiI2H29G3!ICBLL3LIiUI HERMCS ACf V 22 IMPORTS FROM JAPAN TAIWAN I qb [2H CS9 L ***** CZ9 EBDIQH ici IQQQi EXPORTS TO SURABAYA rm TSKLINE AGENCIES (S) PTE LTD TEL: *****68 NYK AGENCIES (M) SDN BHD. TEL:
      75 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      172 30 Regional Weather VI u Li* Vi r* I s< 1 :'.V iv==" S^> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. May 11, 1959 R Thundmtonn •<- X\ Shower Weather -V Wmd direction with speed m knots Ran A r-t Wove height Cloudy Sky Wfo(« winds ore mdKotfd b\r arrows
      172 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      509 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 nn IRAQI LINE I) IMQ s'4T{ »nTM*«!Sf »o« mantrimi r«iiis»o« T EAST BOUND SERVICE MV SINDBAD ETA S PORE 15/5 LOADING FOR S. Korea, Japan THROUGH B/Li to BAGHOAO UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA A BAGHDAD REEFER
      509 words
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      Page 31 Advertisements Column 2
      336 31 i RICHFIEIO MARINE AGENCIES (S) PTE ITO TCL 22)0113 (10 un«ti SAX 2 25^116 rtiex R3 1555 3 AI3MIP J Un«» fHi EIMMM SNNWMI UNCS If? (MtHfinit(MMOlEUSflii) ACCEPTING FCI. AND CONVFNfIONAL PCN/PKO ETA SPORE LOADING FOR NET SANE T J/% DARESSALAAM, MOMBASA. DJIBOUTI VOY 15W8 ASSAB. MASSAWA, HOOCIOAM A °9
      336 words
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      Page 31 Advertisements Column 3
      771 31 SIGMA EXPRESS (S) PTE LTD TEL *****44 FAX *****75 HONGKONG/ CHINA 14/5 ft 17/5 BANGKOK 13/5 A It/5 P. KELANG/PENANG 13/5 ft 20/5 BUSAN 13/5 4 28/5 KEELUNG/KAOHSIUNG 14/5 ft 21/5 MANILA 14/5 ft 21/5 TOKYO/YOKOHAMA 13/5 ft 25/5 JAKARTA 13/5 3 20/5 SYDNEY/MELBOURNE 13/5 ft 22/5 FREMANTLE 17/5 ft
      771 words
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      Page 31 Advertisements Column 4
      132 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE (MOTE: DOOR TO DOOR/REEFER SERVICE AVAILABLE) CONTACT PC MOMS MM ROBERT OH/ HENRY/ MR JUUAM UM/ANWAR TELEPHONE NO. *****71, 2M8872 TELEX/FAX NOS. RS MM BALTRA/2247(73 err iuhdno, smgapore dim XJR CUSTOM REGISTRATION NO: *****74 MMM Hamburg West Germany SINGAPORE MADRAS SHUTTLE
      132 words
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      Page 31 Advertisements Column 5
      100 31 PORT KELANG (FCL ONLY) HONG KONG MRU BHUM PIYA BHUM SIRI BHUM KITI BHUM 3SN 17/5 176N 18/5 411N 16/5 KEELUNG, KAOHSIUNG MANILA JAKARTA (FCL ONLY) TOKYO, KO6E, BUSAN (FCL ONLY) KARACHI, BOMBAY. COLOMBO (Fa ONLY) 15/5, 23/5, 30/5, 60, 13/6 14/5, 21/5, a/5, 40. 11/6 lE2E3SS233ED 26/5, 5/6. 230,
      100 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      171 32 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 P.Kelang Penang Lae T'ville Loading For "ANKE" VOO2SB 25-26/5 27-28/5 28-29/5 8/6 14/6 Lae, Towneville, Pt Moresby, Cairns, Mackay (via
      171 words
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      Page 32 Advertisements Column 2
      773 32 V Mitsui O.S.K. Lines. JLtd EXPORTS TO PSW CONNECTING AT TC DOUBLE STACK TRAINS ETA till I l&ltl cancaiaacaiii] IPOa QSQOEI dE3EaEaE3LJL JL',l QDQ rannnnnnn JO J i r -,ii.' nannnnm i EXPORTS TO OTHER USA/CANADA CONNECTING AT TO PNW CANAOA EAST COAST I ALL WATER! i',:ii.: an IOICaEJ EZICZJCi9
      773 words