The Business Times, 15 April 1987

Microfilm: NL15768
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 WEDNESDAY, APRIL 15, 1987 75 CENTS
    12 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    190 1 Overseas markets Tvwiday HK Hang Seng Index 2668.35 (-40.59 Tokyo Nikkei Average *****.08 604.54) Sydney All-Ordinaries 1777.2 (-22.5) Monday New York (Dow Jones) 2287.07 (-51.71) London (FT 30 Index) 1512.4 (-11.4) 1517.8 (noon, Tuesday Exchange rates THE SINGAPORE DOLLAR closed firmer at S$2.1350/60 ($2.1365/75) against the US
    190 words
  • Article, Illustration
    Share prices ease on profit-taking
    162 1 SINGAPORE share prices ended lower yesterday. Profit-taking alternated with light bargain hunting, causing both the local major market indicators to tlose lower. The Straits Times Industrial lost 3.30 points to 1,101.05 while the BT Composite Index fell 4.22 points to 967.87. Turnover amounted to 42.53
    162 words
  • Article
    Banks' liquidity ratios to be revised
    815 1  -  Cost of keeping reserves will be lower, bond market to get a boost By SOH TIANG KENG Financial Correspondent RESERVE and liquidity requirements of banks will be revised next month in support of the Government's plan to develop an active market in bonds. The
    815 words
  • Article
    Lock icon US trade deficit up in February
    54 1 Reuter THE MONTHLY US trade deficit worsened in February, climbing to US$l5.l billion from a revised US$l2.3 billion in January, the Commerce Department said yesterday. The deterioration is expected to renew downward pressure on the dollar and lead to renewed calls for protectionist trade
    Reuter  -  54 words
  • Article, Illustration
    PR: The power of purchases
    154 1 AMERICAN corporations, particularly those in the communications business, have been busy in the mergers and acquisitions field in the past year largely in a bid to become bigger and stronger. How much bigger and stronger does a company really become when it buys into another?
    154 words
  • Article, Illustration
    Designer urges US to raise clothing quotas for Singapore
    457 1  -  By BOEY KIT YIN LIZ CLAIBORNE INC. one of the youngest members of Fortune 500, wants the US government to give more clothing quotas to Singapore so that its nine-month-old representative office can increase local purchases. The company is currently restricted
    457 words
  • Article
    Lock icon Siddhi to make consultations
    48 1 AFP THAI Foreign Minister Siddhi Sawetsila said yesterday he would consult three of his Asean counterparts most concerned with the Cambodian issue before his trip to Moscow in May. They are Singapore's Foreign Minister S Dhanabalan, Malaysia's Rais Yatim and Indonesia's Mochtar Kusumaatmadja. AFP
    AFP  -  48 words
  • Article, Illustration
    New general manager for Island Club
    403 1  -  By AMY BALAN AFTER* MANY MONTHS of search, the Singapore Island Country Club has found itself a new general manager a Frenchman with more than 14 years of international experience in the hotel industry. Mr Regis Catoire, 37, will assume the post today. His
    403 words
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      Page 1 Advertisements Column 1
      161 1 PUT OH A CIOCODILZ X VIAJL A LXQBHD I FOR HOME BUYERS §Once you've found your dream home, the next thing you have to look for is a good housing loan. Look to International Bank of Singapore. At IBS, our housing loan scheme is designed to make it easier to
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      Page 1 Advertisements Column 2
      12 1 Full report, Page 15 Asian stocks, Page 13 Int'l stocks, Page 12
      12 words
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      Page 1 Advertisements Column 3
      302 1 Singapore Apparel sallies forth, Page 2 When rates can be murder BUSINESS INVESTMENTS in Australia have been severely stifled by high interest rates which, at around 18.5 per cent today, have been described as "punitive". Small businesses, in particular, are bearing the brunt of high interest rates and a number
      302 words
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      Page 1 Advertisements Column 4
      248 1 Sc I'll M n: ipfl\VA\*<aliia M At The Plaza Service Apartments we offer all the comforts of home with panoramic harbour and city view. With our newly refurbished apartments elegantly decorated in subtle pastel shades. Combining elegance and practicality. Each apartment has a fully-equipped kitchenette, with cooker, fridge, crockery and
      248 words
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  • HOME NEWS
    • Article, Illustration
      Singapore Apparel sallies forth
      443 2  -  Overseas shows planned for next two to three years By GOH YEE LING AFTER LAST WEEK'S homecoming, Singapore Apparel will show off its best garb overseas over the next two to three years to win further approval from overseas buyers. Organisers of SA '87, reporting sales
      443 words
    • Article
      Conservation: The best way
      328 2  -  By LIM SOON NEO CONSERVATION works best when the government and the private sector work together, if European and American experiences in conservation programmes are any guide. Making this point yesterday at a seminar of urban renovation, French banker Emmanuel Racine said private developers would not
      328 words
    • Article
      Fertiliser trader's effort bears fruit
      313 2 A LEADING fertiliser company is making further inroads into regional markets through its Singapore office, South East Asia Fertilizer Co Pte Ltd (SEAFCO). SEAFCO began marketing muriate of potash for the Toronto-based Potacan last year, when it also assumed marketing responsibility for Malaysia. Established in
      313 words
    • Article
      Wall St Journal editor explains stand on letters
      296 2 THE EDITOR of The Wall Street Journal refused to publish three letters from Singapore rebutting a controversial Dec 12 Sesdaq article in The Asian Wall Street Journal because he felt they had been written under duress. In a letter, dated March 11,
      296 words
    • Article
      MSA to sell more software in Asean
      350 2 INTERNATIONAL software manufacturer Management Science America (MSA) Inc is expecting some 30 per cent growth in sales from its Singapore office Vice-president of the MSA's division in charge of international sales. Mr Martin Judd. said that that was also the average rate of
      350 words
    • Article
      Two journalists appointed to Cultural Foundation committee
      182 2 TWO JOURNALISTS have been appointed as members of the Singapore Cultural Foundation Management Committee. The Ministry of Community Development announced yesterday that Mr Leslie Fong, editor of The Straits Times, and Mr Hawazi Daipi. assistant to editor of Berita Harian, will serve on
      182 words
    • Article, Illustration
      Logo for Community Development Ministry
      150 3 THE MINISTRY of Community Development has introduced a new logo to symbolise its corporate philosophy. With five human figures with outstretched arms as the motif, the new logo designed by Australian designer Ken Cato symbolised many Singaporeans, regardless of race, religion and creed being united
      150 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      331 3 C C LEE-TAN has been promoted to senior vice-president of Oversea-Chinese Banking Corporation. The appointment took effect from March 1. Mrs Lee-Tan has been assistant to the chairman since 1983 and in December last year, she was given the added responsibility of heading the bank's private banking
      331 words
    • Article, Illustration
      Complementary investment role with Indonesia noted
      491 3 ALTHOUGH both Singapore and Indonesia are keen on foreign investments, they cannot be considered rivals since they are attracting different types of industries. As such, the two countries could complement each other, pointed out the Indonesian Minister for the Promotion of Domestic Products, Mr
      491 words
    • Article, Illustration
      US envoy welcomes easy access to Singapore market
      224 3 THE CURRENT trade quarrel between the US and Japan is unlikely to deteriorate into a trade war, in the view of visiting US Assistant Secretary of State for International Organisation, Ambassador Alan L Keyes. Efforts being made by both sides to cool
      224 words
    • Article
      Indian software company looks to regional market
      424 3  -  By ANNA TEO TATA BURROUGHS LTD (TBL), the biggest computer software exporter in India, hopes to set up a software development centre in Singapore. TBL, a joint venture between the Tata conglomerate of India and Unisys Corp. the number two computer group in
      424 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      216 2 Mam i Life gives nonsmokers their just rewards: Money If you're a non-smoker, or have stopped smoking for over 12 months, ManuLife has very good news for you. Our studies show that nonsmokers are healthier, live longer and thus are better insurance risks. And unlike most other insurance companies who
      216 words
    • Advertisement
      Page 2 Advertisements Column 2
      172 2 NEC APCIV dearly offers you distinct advantages unrivalled by other ATcompatibles. Powerful Compatibility with all industry-standard software. Exceptional Color Graphics Resolution with the multi-sync monitor Superior Memory And Data Storage. Exceptional Reliability and Speed selectable at 6MHz orBMHz. The list goes on so ask your NEC dealer today about our
      172 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      92 3 77 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day Philippine Airlines s OUT OF THE BLUE, PHILIPPINE AIRLINES COMES SHINING THROUGH. At Philippine Airlines we're flying with a new look, a new purpose and a new commitment to maintaining Asia's first airline as Asia's finest airline. But through
      92 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Economists at a loss to explain trade bind
      641 4 Effectiveness of currency moves questioned Reuter JAPANESE trade figures are seriously challenging the entrenched view of policy makers of the Group of Seven industrialised nations that relative currency rates are the key to smoothing world trade problems. Senior Japanese. US and European
      Reuter  -  641 words
    • Article
      Lock icon Nakasone urges swift passage for budget
      297 4 UPI PRIME MINISTER Yasuhiro Nakasone, his leadership troubled after an election setback, called yesterday for swift parliamentary approval of the 1987 fiscal budget to prevent a further rise of the yen. "The budget has to be enacted as soon as possible to check the
      UPI  -  297 words
    • Article
      Lock icon New Fijian PM may mean change in ties with US
      408 4 AP FIJI, long a staunch Western ally in the South Pacific, could strain its relations with the US in the wake of an election that dethroned the regions elder statesman, Ratu Sir Kamisese Mara The new Prime Minister, Timoci Bavadra.
      AP  -  408 words
    • Article, Illustration
      Lock icon Lange denies report of secret deal for US base
      256 4 Reuter NEW ZEALAND Prime Minister David Lange yesterday denied a British press report that his government had made a secret deal with Washington to safeguard the future of the US Antarctic base in the New Zealand city of Christchurch. In a
      Reuter  -  256 words
    • Article
      Lock icon Korean electronic goods make headway
      459 4 Reuter SOUTH KOREAN television sets, video cassette recorders and other electronic goods had been creeping into Japan, the home of most of the world s top electronics makers, industry analysts said. The progress made by Korean products had been very gradual but within a few
      Reuter  -  459 words
    • Article
      Lock icon 80,000 Chinese companies closed down
      125 4 AFP CHINA'S State Administration for Industry and Commerce uncovered 900,000 economic offences in 1986 and closed down 80,000 companies, the Chinese press reported Monday. Nearly 300,000 companies were investigated, the communist party newspaper the People's Daily said. "Related departments are also cracking down on gambling,
      AFP  -  125 words
    • Article
      Lock icon New Indian companies
      67 4 Reuter A TOTAL of 12,111 companies in India, with a combined authorised capital of 32.40 billion rupees, registered under the Companies Act in the first nine months of fiscal 1986/87 ended March 31 The annual report of the Indian Department of Company Affairs said this compared with
      Reuter  -  67 words
  • Page 4 Advertisements
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      165 4 tg% mm 10U39H •> verm*. T 5 V «r «sss v; < •t < A> Tr\ m 'J""; I PJITi uTgii i j|M §j |#4- ■UNI m J i lit i WW J <! C. SS?V dTOjlfc&i *5 «5* L v r 1 Wk vT w* y .a*, *fl& IPBPSfcVi
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      Page 4 Advertisements Column 2
      150 4 For the best in Sichuan and Seafood Dishes v > r. -w,r ft V TI •w r L sJS Sliced Whelk (Shell Fish) with Garlic Sauce Rest Manager Wang Ban Sav If 75ft Dragon City Sichuan Restaurant Dragon City Sichuan Restaurant is famous for its exquisite Sichuan food. Savour some
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      43 4 Doonesbury BY GARRY TRUDEAU I THINK tM QOIN6TOBB IN PICT BP. you PONT HAVSTO MAKS SMALL mm. Wr vtrt m m. m TALK, PUCKS. V* s^l A K S, K I 1 m y m m ■y f). f A m Ml >v
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  • REST OF THE WORLD
    • Article
      Lock icon US runs up trade deficit with communist countries
      187 5 Reuter FOR THE FIRST TIME since 1965, the US last year bought more goods from communist-ruled countries than it sold, the US International Trade Commission reported on Monday. The overall US trade deficit reached a record-breaking U*****.7 billion in 1986. Trade with
      Reuter  -  187 words
    • Article
      Lock icon Bonn expected to raise public borrowing this year
      311 5 FT WEST GERMANY'S five main economic institutes yesterday forecast a sharp increase in public borrowing this year and formally retreated from their robust 1987 growth predictions made six months ago. The five institutes Kiel, Hamburg, Essen, Munich and Berlin also called, in
      FT  -  311 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      700 5 ARRIVALS Operator Service Local From number time SU SQ191 1155 PEN SU SQ238 1155 MES THAI TG403 1155 BKK MAS MH682 1230 KCH GU GA940 1235 MES SIA SQ107 1250 KUL SIA SQ37 1300 MAN/AMS/DXB SU SO 203 1300 CGK CAl CI342 1305 LUX/DXB GtA GA900 1310
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    • Article, Illustration
      Lock icon Sense of urgency felt at Moscow talks
      356 5 UPI THE US and the Soviet Union accelerated talks on nuclear arms control and other issues in advance of yesterday s meeting between US Secretary of State George Shultz and Soviet leader Mikhail Gorbachev in Moscow. Mr Shultz and Foreign Minister Eduard Shevardnadze
      UPI  -  356 words
    • Article
      Lock icon Moscow talks may decide on summit
      488 5 Report of arms control disagreement in US denied Reuter PRESIDENT RONALD REAGAN'S Chief of Staff has said that a decision on a new US-Soviet summit could emerge from Secretary of State George Shultz's Moscow talks with Soviet Foreign Minister Eduard Shevardnadze. Chief of Staff
      Reuter  -  488 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      50 5 /I I T The business person's choice. I J1 11% every Tuesday, Saturday and I II I I Sunday. Leaving Changi Airport at I i- V 11 22:05 hours and arriving Bombay at 00:30 hours. Call your Travel Agent or Air Canada 0^73^8555. Effective thru 30 April 987 AIR CANADA
      50 words
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      Page 5 Advertisements Column 2
      321 5 I ISV a I ■V sm k vA:9I -y, Transit lounges are dedicated to the business fliers of other airlines. Our Passenger Service wW Award for 1986 goes to SAS for not only maintaining the high standards of passenger service that helped SAS win our Airline of the Year Award
      321 words
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  • COMMODITIES
    • Article
      Lock icon Market review expects steady fall in coffee prices
      392 6 UPI COFFEE PRICES are expected to fail steadily over the next five years as production continues to outpace consumption, the Economist Intelligence Unit (EIU) said in a market review published on Monday. Climatic disasters in Brazil would temporarily interrupt the trend, it
      UPI  -  392 words
    • Article
      Precious Metals
      285 6 HONGKONG: GOLD yesterday closed stronger in fairly active trading, helped by the weakness of the US dollar It ended at U*****.50/441.00 an ounce against New York's 436.60/437.10 close and the 435.10/60 finish here on Monday. On the local market gold closed HK$5l higher at HK54,082 a tael. Krugerrand
      285 words
    • Article
      Produce Prices
      284 6 Chinese Produce Cocoa (FOB M$/tonne) Exchange Bogon Datok 3,950.00 Sellers' noon doting prices on April 14 (SS/100 kg) Sabak Bernam Kuala Selongor Batu Pahat 3,***** 3,900.00 3,900.00 Coconut oil EST FOB 3,975.00 4,025.00 Bulk FOB Old drum FOB 88.00 98.00 Coffee (M$/iookg) New drum FOB 102.00 No 1
      284 words
    • Article
      Oil and Products
      94 6 NAPHTHA and fuel oil weakened as buyers held off at lower prices and sellers followed by lowering their price ideas. Gas oil remained stable while kerosene continued static at current levels with little demand noted. LSWR weaker with supplies reported to be good Crude (FOB origin) USI/barra*
      94 words
    • Article
      Lock icon KL Tin
      156 6 Reuter THE TIN PRICE on the Kimla Lumpur Tin Market yeeterday roaa two cants to and at M 516.63 par kilo attar fluctuating narrowly In fairly modarata activity. Daalara attrlbutad the rtaa to a flrmar trend on the Europaan spot tin market on Monday, following talk that an
      Reuter  -  156 words
    • Article
      Palm Oil
      439 6 Crude palm oil future* yesterday closed slightly easier in quiet trading on the Kuala Lumpur Commodity Exchange (KLCE). Dealers said the futures market was in line with the easier cash market. April was unchanged at Ms74o per tonne and May also held steady at Ms74o per tonne but
      439 words
    • Article
      Lock icon Rubber
      254 6 Reuter SINGAPORE THE MARKET yesterday closed higher with May RSS One buyers quoted at 198.25 cents/kilo, up 1.25 cents from Monday. On the TSR-20 market, trading was very quiet throughout the day but prices rose in line with the RSS market. TSR-20 May and June closed at 165.50 cents/kilo,
      Reuter  -  254 words
    • Article
      RAS and MRELB
      283 6 RAS prices In s cmMs, fob m m NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 200.50 201. SON 201.00 202.00N lot 1 RSS May 87 197.50 198.00 198.25 198.75 lot 1 RSS Jun 194.00 194.50 194.75 195.25 lot 2 RSS OP 184.00 186.00N 184.50
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    • Article
      SSR and SMR
      87 6 (cents/kg, t -ton pollen) MAY 87 JUNE 87 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers ssr 20 171.50 173.SON 171.50 I73.50N SSR 50 170.50 171 50N 170.50 171. SON MRELB Bur*™ Sellers Buyers Sellers SMR CV 241.00 *****N 242.00 244.OON Smr I 239
      87 words
    • Article
      Lock icon Wheat
      120 6 Reuter WHEAT FUTURES on Monday closed 6-3/4 US cents to three cents a bushel lower. with spot May leading the decline and ending at US$2.7B-1/2 a bushel on the Chicago Board of Trade. Traders said the ASCS decision to lower terminal prices for low protein hard wheat and spring
      Reuter  -  120 words
    • Article
      Lock icon Soybean
      107 6 Reuter SOYBEAN FUTURES on Monday extended midsession gains and closed 4-1/2 US cents to 7-1/2 cents a bushel higher with spot May ending at USSS.I3-3/4 a bushel on the Chicago Board of Trade. November led the late surge when a commercial bought one million bushels, prompting local short covering.
      Reuter  -  107 words
    • Article
      London Markets
      334 6 London Commodity Exchange Buyer/Seller closing pricw on April 13 (£/tonne unless specified) Previous day's dosing prices in parenthesis Coffee Basis in-store London, sellers option OF London May 1265/1271 (1275/1276) High/Low 1288/1260 July 1286/1287 (1286/1287) High/Low 1290/1271 Sales (2300 Cocoa May 1290/1291 (1288/1291) High/Low 1294/1288 July 1319/1320 (1318/1319) High/Low
      334 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      169 6 B J can do just by looking at it In the case of the Zucomat. a picture isn't always worth a thousand words. For just by looking at it, you'd never know it has a sychromechanism that ensures both the seat and the back rest support every movement of r-
      169 words
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  • Page 7 Advertisements
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      534 7 i Ms A 3P H. J' i fv 9v Mg *2: -4 Sp'V «e< r I •Sr &vWr* > -r--3P S^B *wr ".A" cSf fey Tlk >***>«!£ r4gM» i* V X „W-3ftl T.»' 'Vf.,'*-^-V •ft?- 4 ■'-< m,H* r* l» St dNnraSHHKjH •<- VV V I 3&* /-is 2 jp*s
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  • ADVERTISING & MARKETING
    • Article, Illustration
      The power of purchases — views from the Hill & Knowlton chief
      827 8 The power of purchases views from the Hill Knowlton chief WHEN ROBERT DILENSHNEIDER took over the reins as president and chief executive officer at Hill Knowlton Inc last November, the public relations company had just made its second acquisition within six months. In August, H K announced it was acquiring
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    • Article, Illustration
      BJKE's local office gets new chairman
      326 8  -  By MONICA GWEE BOZELL, JACOBS, KENYON Eckhardt (BJKE), which announced senior management changes last month, has appointed Eugene Fang, former managing director of The Ball Partnership, as chairman of its Singapore office. The appointment may surprise some in the industry who had heard on
      326 words
    • Article
      Kikkoman serves up a saucier image
      372 8 HEALTH AWARENESS has driven Kikkoman, the soy-sauce manufacturer, to get fresh and saucy with its customers. As part of an expansion in production at its Woodlands factory, Kikkoman (S) Pte Ltd has launched a new advertising campaign to spell health and to improve brand
      372 words
    • COPY LINES
      • Article, Illustration
        Three join Ball Partnership
        100 8 THE BALL PARTNERSHIP has hired three new accounts people from its recent recruitment exercise Menjin Sim joins the agency from Ponds where he was sales and marketing manager. Doris Soh was formerly Customer Marketing Relations (South and East Asia) at Rank Xerox and David Tan joins
        100 words
      • Article
        Omsearch in Singapore
        55 8 OMSEARCH (M) Sdn Bhd has announced the launch of its new Singapore joint-venture, Omsearch Market Research Consulting (S) Pte Ltd. The consumer research company has tied up with Pretesting Pacific Pte Ltd here. The new company at The Orchard Point will be managed by Ms Lai Choi
        55 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      351 8 FOR THOSE WHO TAKE THEM COMFORTS ASSBHOUSIYAS WE DO. With Volvo, comfort is both a state of mind and a reality. First, let's explore the physical comforts of the Volvo 740 1987 model. It offers more spaciousness than any other 2 litre car. More passenger room, enough to comfortably accommodate
      351 words
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  • WORLD BACKGROUND
    • Article
      Sarawak election unlikely to settle family feud
      1038 9  -  By LUCY NG in Kuching SARAWAK'S snap election is unlikely to settle the family feud that sparked it off and may lead to new racial power divisions. And, ironically, although there are signs of some antiWest Malaysian sentiments, both the two big political
      1,038 words
    • Article
      Lock icon Rift with unions sets back Polish economic reforms
      705 9 Reuter GOVERNMENT plans to inject a sharp dose of market realism into Poland's struggling economy have been jolted by a confrontation with labour unions over price rises and the threat of another over wage restraint. Surrendering to pressure from official unions, the
      Reuter  -  705 words
    • Article, Illustration
      Lock icon World population growth rate picks up
      584 9 AP THE RATE at which people are being born is speeding up again, just as the planet s population edges past the fivo-billion milestone, a population study group reported on Monday. The private Population Reference Bureau cited an easing of strict birth limits in
      AP  -  584 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      159 9 'mi y ifV i A sr** v. i K.I r m II ft I I a»5 .V-. >S „V IB V r: E" C, Hi M i Hi :'VSi- i it?,-: JSC i,:. mm X-., i y ?>.' jii w*>- dm&t >■, ip m? -n: -■.->■ *XiB S**,' P?~ Don't
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  • FEATURES
    • Article
      Trading in a tough world
      503 10 THAT the United States has decided to restore duty-free status to US$5l.5 million worth of Singapore exports does not sound exciting when one considers that the amount is peanuts in relation to the Republic's annual exports. But in the light of the worldwide protectionist sentiment
      503 words
    • Article, Illustration
      High interest rates stifle business investment in Australian economy
      1800 10  -  The strengthening Australian dollar in recent days has given rise to hopes of a gradual fall in interest rates. They will have to come down quite a bit before bringing appreciable relief to Australians and Australian companies, reports FLORENCE CHONG in
      1,800 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      75 10 SHANGRI-LA INTERNATIONAL SHANGRI LA EXECUTIVE ACCOMMODATION PLAN BANGKOK BEIJING KUALA LUMPUR Single or twin accommodation at the same special rate Daily breakfast Late check-out 4pm No pre-payment required Optional limousine transfer available Rates in Singapore dollars jre approximate and sub|ect to current y exchange fluctuations Service charge and government tax
      75 words
    • Advertisement
      Page 10 Advertisements Column 2
      22 10 PLAYCiOLF THE SKVV Y -iwp« |ii V mwwi w Tighten-up your game Let Sevvy Ballesteros show you how In BT every Tuesday.
      22 words
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      Page 10 Advertisements Column 3
      131 10 OLYMPIC'S COMFORT m L K fiSS r A WISE CHOICE The fastest from Singapore to Athens, Olympic offers you extra-spacious 42-inch seats plus all the trimmings and privileges of first class travel on its Olympian Class. All for just the price of a full economy ticket. For enquiries and reservations,
      131 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      659 10 mmanm 13 14 15 16 22 123 CRYPTIC PUZZLE ACROSS 1 The worn part of a tooth? (5) 6 Room that's out of this world! (5) 9 Athletic bird? (7) 10 Figures it to be a restriction (5) 11 Roll down to the seaside (5) 12 An overhead, like cot-ton-wool,
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  • SPORTS
    • Article
      PGA should stick to original selection, say left-out golfers
      418 11  -  By WALTON MORAIS THE TWO GOLFERS who were dropped from the Republic's Ounhiil Cup team at the eleventh hour yesterday expressed disappointment and dismay at the selectors' decision. Veterans Lim Swe Chew and M Marimuthu said the Professional Golfers' Association of
      418 words
    • Article
      Lock icon History repeating itself in Mize's victory
      200 11 UPI THERE IS no record showing that anyone who watched this year's Masters playoff watched the US Open playoff in 1913. But the historians in the crowd were able to point out the coincidences between Larry Mize's thrilling playoff victory on Sunday and the
      UPI  -  200 words
    • Article, Illustration
      Lock icon Norman looks ahead despite loss
      536 11 AP GREG NORMAN attempted to think positively about the biggest disappointment of his golfing life. "It makes me more determined than ever to go ahead and make 1987 a better year than 1986," he said after a miraculous shot by Larry Mize had made him
      AP  -  536 words
    • Article
      Lock icon Piquet blames fans for second place finish
      195 11 AP BRAZILIAN Nelson Piquet said in an article published on Monday that paper confetti tossed by fans at his Williams-Honda as he sped around the Rio circuit cost him a first place in the Brazilian Grand Prix. Piquet took second place in the
      AP  -  195 words
    • Article
      Lock icon Khans to meet in final
      610 11 AFP KHAN JUNIOR came bravely through to compete for Khan senior's title on another day of surprises in the British Open Squash Championships in London on Monday. Jansher Khan, the 17-year-old world junior champion from Pakistan, reached the final when he won a classic 85-minute
      AFP  -  610 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      173 11 i :i l i'. c fi.- ".li RED LANTERN REVOLVM6 RESTAURANT (PTE) LTD 60A Chanoe Alley Aenal Plaza, Colfyer Quay, Spore 0104 Delicious Set Lunch at (2-3 persons) t w Family Dinner Treat with 1 Whole Suckling Pig for only $228 nett per table t (FREECh,nesetea),^jUa|||^ For reservations, please call
      173 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1120 11 w em aaaa© HOLLYWOOD'S CHILDREN Bpm, Channel 12 The phenomenon of the child star, or what it feels like to be over the hill when your voice cracks, is the focus of this documentary written and directed by Gene Feldman. Extensive film clips highlight the careers of Jackie Coogan, Shirley
      1,120 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Pennzoil to fight Texaco's petition
      430 12 Reuter PENNZOIL CO. frustrated by Texaco Inc's decision to seek bankruptcy protection from its US$lO.3 billion court judgement, is preparing to launch a new assault that may include investigating assets Texaco transferred from its corporate parent to subsidiaries, legal experts say. Joe Jamail, a Houston
      Reuter  -  430 words
    • Article
      Lock icon Saunders denies "document shredding" allegations
      98 12 Reuter FORMER Guinness PLC chairman Ernest Saunders dismissed allegations he ordered the shredding of documents in the early stages of a UK investigation as "completely untrue," the Press Association News agency reported. The allegations were made by his former personal assistant Marga- ret McGrath, in
      Reuter  -  98 words
    • Article
      Lock icon NYSE suffers its fourth biggest fall
      406 12 Reuter STOCKS TUMBLED in a late afternoon selloff on Monday as talk of a larger than expected trade deficit and rising interest rates preyed on investors' fears. Falling bond prices triggered the descent, which took the form of profit-taking and programme selling. The Dow
      Reuter  -  406 words
    • Article
      Toronto
      168 12 APR 13 C Inco 23% Abitibi -1% Int Prov Pipe 49% 37% lu Intl 25B A lean Alum 54% Kerr Addison 25% Algoma Stl 16% unch Lobliw Co 14% Bank Nova Scotia 18% McMil Bldl 26 Bank 0( Montreal 34% Molson A 24% Ball Canada 41 Moore Corp Bp
      168 words
    • Article
      Johannesburg
      190 12 APR 13 RAND Tongaat 1160 unch Trust Bk 205 unch Un Steel 90 unch MDUSTRIALS Wooltru 1700 25 A Alpha 1650 unch MMM ICS Abercom 350 -10 7700 125 Aeci 1825 -5 Anglos Amaprop AMIC 535 6500 unch Blyvoor 2550 Buflels 7900 -25 Charter 1600 unch unch Cons Gold
      190 words
    • Article
      New York
      676 12 APR 1J US t Alcan Alumin Alcoa Alleg Intl Allied Sig Allis -Chalmers Am Brands Inc Am Can Co Am Cyanamid Am Elec Pwr Am Express Am Home Prod Am Motors Cp Amax Inc Amerada Haas Amoco Corp Amr Corp Armco Inc Asarco Inc Atl Richfield Aft Avon
      676 words
    • Article
      European markets
      906 12 Amsterdam APR 13 FLS IABN 516 00 -7 Aegon 93 20 unch Ahold ioe oo -0 5 Akzo 136 30 -1 6 Alrenla 145 70 unch AMEV 67 00 -05 Amro Bank 82 40 -1.4 Ass Stad 128 00 unch 8e'*e 19 30 unch BOCS 161 00 -3
      906 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      172 12 Japanese review business with Texaco, Page 13 1 c 4'-*. &m&SSfif: HSS 5r SI B^v|\£Tg& I Ki i«P •WW VTl'ii'f „£.>• T A P at the Royal Holiday Inn Singapore April 18 Dian Xin at the PHEASANT ROOM (2nd floor! from 11 am to 3pm 3-course set lunch and dinner
      172 words
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      Page 12 Advertisements Column 2
      69 12 t A superb lunch experience with a grand variety of home made soups, the largest salad bar, fresh seafoods, succulent meats, savoury poultry and delightful desserts. A complimentary aperitif for all patrons. The Manhattan Splendour a superb choice at only $24.50*. *Subject to 10% service charge A 3% govt tax.
      69 words
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      Page 12 Advertisements Column 3
      127 12 ALL YOU WANT X L f 3 <r $12 per person Ai Lunch:l2 iliir^.h h4 TVfsflnnf I 181. Kitchener Road, Singapore 0820. Tel: *****22 Just some of the reasons why you should try the Royal Table Barbeque Buffet 1. Over 23 items, including soup of the day, beef, pork, chicken,
      127 words
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      Page 12 Advertisements Column 4
      63 12 mW&S' run ■i- */>. i. V>"V." *>•: *-^aK- novotel orchid inn fix&ent'. A French Easter 6-19 April S3 I V i m m m i 1 SB a K Wi i /s m w. m \fXZ^' P X > P Chef Bidou rw*» you to ootebrate ta«Br of Le Pwcodou
      63 words
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      Page 12 Advertisements Column 5
      202 12 London stocks on Pago 16 dishes, four seven to eight\ A nine or more pick ten dishes. adult $12 per i (Minimum two Now till May 14 v Pick only your Cavernites for $18 per person. From our extensive 118item Sichuan menu. Two to three persons may pick four to
      202 words
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  • ASIAN STOCKS
    • Article
      Hongkong
      498 13 HONGKONG: Share prices closed sharply lower yesterday in fairly active trading after selling pressure accelerated in the afternoon. Brokers said buying interest was sluggish as local investors were concerned that local interest rates might be raised soon, following a rise in Asian dollar rates on Monday. The Hang Seng
      498 words
    • Article
      Taipei
      295 13 AM 14 All Sincere Indus Asis Cement Cathay Cons Chang Hwa Bank Cheng Loong Chia Hsin Cement Chin Hsin Flour NT t 500 42 40 53 SO 82 00 45 30 40 30 17 20 b 022 14 2.5 unch 2.1 0 9 0 2 Kuochan Dev Lee Chang
      295 words
    • Article
      Tokyo
      485 13 TOKYO: Prices recorded their biggest ever single day rise yesterday to close at a record high on heavy buying of financial shares, much of it with cash reinvested from U S bond markets. The 225-stock Nikkei market average rose 604 54 points to 23,524.08. The peak compares with the
      485 words
    • Article
      Manila
      83 13 APR 14 PESOS Marsteel Oriental B 0 028 unch Acoie Mining Phil Overseas 0 043 *0 001 Anglo Phil Ptvlex B 0 44 0 01 Apex M.nmg B 0 0623 -0 0052 Picop B PLOT 362 50 25 Baguio Gold Basic Petroleum 0 012 unch San Miguel B Seatront
      83 words
    • Article
      Sydney
      481 13 SYDNEY: Australian share markets closed sharply weaker yesterday in a retreat from record levels as traders took profits. A sharp fall in the futures market led to fears that the market was due for a major correction after a firmer opening, brokers said. Gold stocks came in for the
      481 words
    • Article
      Seoul
      133 13 APR 14 WON *h Kal 1320 -46 Kangwon Ind Kia Motor ***** -500 Chad Sugar 3040 *20 1679 -21 Daelim Ind ***** unch Kolon Ind 3900 •100 Daewoo Corp 1020 unch Korea Long Term 2098 -32 Daewoo Heavy 1320 -16 Lucky Lid 1420 Datshm Securities 3720 -70 Oriental Brewery
      133 words
    • Article
      Lock icon Bangkok
      172 13 Reuter BANGKOK: The Stock Exchange of Thailand Index rose 2.28 to 246.10 on a turnover of 2,470,244 shares worth 383.8 million baht. —Reuter APR 14 BAHT *b Saha Union 212 +6 AO Kham Thai f.am Cement 996 -10 Ayudhya Investment 292 6 Siam City Bangkok Agro-lnd 92 50 05
      Reuter  -  172 words
    • Article
      Lock icon US$21 m loan for Suzhou hotel
      80 13 Reuter A TOURIST hotel in Suzhou. Jiangsu Province, is raising a US$2l million loan to cover its construction cost, lead manager DNC Ltd said The loan for the Suzhou Aster Hotel will mature in 10 years and is guaranteed by the provincial investment arm
      Reuter  -  80 words
    • Article
      Lock icon Dornier plane deal held up by spare parts row
      364 13 Airline accused of poor maintenance standards AFP INDIA is holding up a US$4OO million military deal with a West German aircraft maker in a row over the safety of 10 planes flown by a government airline. Dornier. which supplied five DO
      AFP  -  364 words
    • Article
      Lock icon US$37m loan for hotel venture in China
      186 13 Reuter THE SCANDINAVIAN Airlines System's SAS International Hotels Unit and Skanska AB of Sweden are raising a US$37 million loan for their joint venture hotel in China Loan lead manager DNC Ltd said the loan would finance part of the cost of the
      Reuter  -  186 words
    • Article
      Lock icon Japanese oil companies review new business with Texaco
      202 13 Reuter JAPANESE oil traders and refiners are considering whether to suspend further business with Texaco Inc. which has filed for protection under Chapter 11 of the US Bankruptcy Code, industry sources said. Texaco, the third biggest US oil company, said it filed
      Reuter  -  202 words
    • Article
      Lock icon Record profits for Indian oil concern
      124 13 AFP INDIA'S state-owned Oil and Natural Gas Commission (ONGC) said yesterday its net profits climbed from US$l billion to a record US$l.l billion in the year to March 31. ONGC. which is spearheading India's quest for crude oil self-suffi-ciency by the turn of the
      AFP  -  124 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      684 13 •J! M irUP as m m •v L„, r. m 1 #rw WS as ■i T e h»n Every second's on-the-house! The Fountain Lounge is flowing with the good times Between 5 and 8 pm daily, for every arink you order you get your next FREE Ana bottle purchasers pay
      684 words
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      Page 13 Advertisements Column 2
      204 13 PHILIP^ The nooular \r T C The popular x I local soloist. For your sentimental moments. HAPPY HOURS 12 noon Bpm If)'/ DISCOUNT on bottle rates and premium tU /l brands Plus! Buy one and get one tree (CAIRNHILL HOTEL) 19 Cairnhill Circle, S'pore 0922. Tel. *****22 Fri, Sat eve
      204 words
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  • BANKING AND FINANCE
    • Article
      Baring Brothers bullish on European bonds
      404 14  -  By AMY BALAN A LEADING European investment bank has strongly recommended European bonds to investors in this part of the world. Baring Brothers, London's oldest merchant bank, is projecting total returns of about 25 per cent for bonds raised in UK, Germany, France and
      404 words
    • Article
      Lock icon Canadian Imperial reviews status of Brazil's loans
      157 14 Reuter CANADIAN Imperial Bank of Commerce is considering classifying its Csl.2 billion in loans to Brazil as non-accrual and will decide whether it will do so in June, bank chairman R Donald Fullerton said after a business speech in Montreal. Mr Fullerton said
      Reuter  -  157 words
    • Article
      Volume on Simex hits new high
      91 14 TRADING VOLUME on the Singapore International Monetary Exchange hit a new high of 20,300 lots yesterday, on heavy selling pressured by rumours of a large US trade deficit in February and a perceived tightening of US monetary policy. The previous high for total trading
      91 words
    • Article
      Profits of CSFB (Asia) rose by 151 pc last year
      540 14  -  By ALVIN TAY Banking Correspondent AFTER-TAX profits of Credit Suisse First Boston (Asia) rose by 151 per cent to $4.3 million last year, a clear indication that the trading of securities can be a profitable activity. Mr Jack M Hennessy,
      540 words
    • Article
      Lock icon Australian deficit expected to be A$800m to $1.1b
      191 14 Reuter AUSTRALIA'S current account deficit for March is expected to fall within an AsBoo million to Asl.l billion range, compared with the low unrevised February shortfall of As7so million, economists in Sydney said. The Australian Statistics Bureau will release the data today.
      Reuter  -  191 words
    • Article
      Asian dollar market
      381 14 ASIAN DOLLAR deposit rates yesterday closed sharply firmer compared with Monday's levels, after a day of moderately active trading. Dealers said a sharp fall in US Bond prices in New York overnight and a continued high US federal funds rate contributed to the firmer trend. Sentiment was
      381 words
    • Article, Illustration
      World interest rales
      183 14 Indicate* the average of the prime lending rate* of 12 major banks In S'pore Interbank market rates (offer/bid) on April 14 US) DM SWFC Y«n 7 doy» 7/8 J/4 3/4 J/8 3 IJ/U 13/U 11/4—1 4 1/8 4 1 m#t 7 6 7/8 9 IJ/U 1 J/16
      183 words
    • Article
      Lock icon Forex markets
      909 14 Reuter SINGAPORE: THE US dollar yesterday closed weaker against the yen and major European currencies despite reports of dollar buying intervention by the central banks of Japan, West Germany and Switzerland, dealers said. The dollar closed at 141.35/45 yen against an early 141.80/90 and New York's 142.15/25 close.
      Reuter  -  909 words
    • Article
      Foreign Exchange
      217 14 Interbank rates at 3pm yesterday: M OOer ereM pert* ckMfe Local dollar? to c >ne unit of foreign currency: US dollar 2.1350 2.1360 2.8196 •24.28 Sterling pound 3-4747 3.4785 7.3469 -52.70 Australian dollar 1.5421 1.5439 3.4286 •55.02 NZ dollar 1.2394 1.2421 3-4286 -63.85 Canodkm dollar 1.6354 1.6374 3.4206
      217 words
    • Article
      Money markets
      59 14 THE OVERNIGHT rate on the Singapore interbank market rose 1/8 point to close at 3-7/8 per cent yesterday. The term rates rose 1/16 point across the board. S$ Interbank rates at 7pm yesterday: Offar M nig* 3 7/8 3 5/8 I mwti 4 3 7/8 2-mo«* 4 3
      59 words
    • Article
      Simex
      604 14 JUNE Eurodollar again gapped down sharply lower yesterday despite the oversold market. Rumour of large United States February trade deficit and perceived Federal Reserves' tightening of monetary policy led to selling pressure. The June contract traded down to a low of 92.85 in the morning but came under further
      604 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      296 14 S3 DBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD REDEMPTION OF Ss7y»% CONVERTIBLE UNSECURED LOAN STOCK 1991 AND TERMINATION OF CONVERSION RIGHTS To: All Loan Stock Holders 1 FINAL REMINDER 1.1 This is the final reminder to all Loan Stock Holders. 1.2 The Development Bank of Singapore Limited ("DBS Bank") had
      296 words
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      Page 14 Advertisements Column 2
      120 14 TRADER VK'S ■■I S/ t.nu b:h iP.i iUtdti*o::*c lin rj£\ M n- or.m, S -a.-,:''"'' 06r CHINA TAI-CHING Cash Vault Protector 1987 31 5 oz 99.9 Pure Silver Mintage worldwide: only 2,000 pieces Price: Ss27o Irlr> 'm i-1 TAISEI STAMPS COINS (S) PTE LTD 177 River Valley Road ffOl-33 #02-11
      120 words
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  • SHARE INFORMATION
    • Article, Illustration
      Market takes a breather as profit-taking sets in
      4465 15 AFTER SETTING daily records for the past four consecutive sessions, the Singapore stock market took a breather yesterday. Share prices drifted lower as profit-takers moved in. The local markets decline was also influenced by the fall in other major world markets, stock
      4,465 words
    • Article
      Chief price changes
      272 15 SINGAPORE Rises Indices V Bonkng 770 35 April 1 3 April 14 ST CompoV* ***** 967 87 1 C S 960 260 32 20 BT O* OS 162 203 M To«-Pon S 1 A BT Cadi -6211 -6267 75 1190 12 10 •T 10-dor ma BT OBV
      272 words
    • Article
      Business done on the SES
      4284 15 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified All Time Settlement Contracts are quoted after the word "SETT".
      4,284 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      326 15 KL market report, Business done on the KLSE See page 16 NOTICES In the matter of the Companies Act Cap. 185 and In the Matter of HUP LEE HONG ENTERPRISE PTE LTD (Members' Voluntary Wlnding-Up) At an Extraordinary General Meeting of the members of HUP LEE HONG ENTERPRISE PTE LTD
      326 words
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  • COMPANY NEWS
    • Article
      Judicial managers and the indemnity poser
      523 16  -  By ELAINE KOH THE JUDICIAL MANAGER, as provided for in the amended Companies Bill recently passed in Parliament, is being looked upon as a saviour for failed companies, but the person appointed to such a post faces a major potential problem. Under the new
      523 words
    • Article
      Selected indices
      117 16 HONGKONG Hongkong Index Tuesdoy 1713.73 Monday 1739 24 Week ago 1713.81 Hang Seng Index Tuesday *****5 Monday 2706 94 Week ogo 2664 70 All Industrials Tuesday 2610.5 Monday 2632.1 Week ogo 2615.3 NEW YORK Dow Jones Mondoy 2287 07 Friday 2338 78 Week ogo 2405 54 TOKYO Nikkei
      117 words
    • Article
      Prices easier in KL
      407 16 PERSISTENT profit-taking caused share prices to ease across the board on the Kuala Lumpur stock market yesterday. However, some lastminute buying helped several counters to recoup their earlier losses. Prices of speculative stocks and blue chips were marginally lower. Observers said the pro-fit-taking was expected and
      407 words
    • Article
      Business done on the KLSE
      2572 16 BID and otter prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified INDUSTRIALS Acmo >'806 i Ajinomoto *****) 111 320 Alcom (746)
      2,572 words
    • Article
      LONDON STOCKS
      824 16 LONDON equities suffered early mark-downs yesterday. reacting to a 51-point decline on Wall Street in late trading on Monday following rumours that yesterday's release of US February trade data would show a deficit of as much as US$lB billion. But by noon, the FT 30 Index had recovered
      824 words
    • Article
      Unit trusts
      239 16 Monogeri' prices MARA-Bumiputra for April 15 F*fft B'putro 621 626 Second B'putro 533 538 Singapore Unit Trust Th«rd B'putro 438 443 Th* Co*i<n*rc* 1 06 Th* Savings fund 091 S'por* Prog Fund 041 S port Stc Fund 071 1 14 098* 046 077 Fourth B'putro f>Hh B'putro S««tfc
      239 words
    • Article
      COMPANY MEETINGS
      88 16 SEALION HOTELS Umrted: 11th AGM at Gateway 4 Room, Level 2, Pan Pacific Hotel. Marina Square, Singapore 0103, on April 18 at 10.30am. INCH KENNETH KAJANG Rubber Public Limited Company: 77th AGM at 5th Floor, Straits Trading Building, 4 Leboh Pasar Besar, Kuala Lumpur, Malaysia, on Monday, April
      88 words
    • Article, Illustration
      Keppel seeks planning approval for marina project
      643 17 Master plan being drawn up KEPPEL CORP has given the strongest indication yet of its plans to build a classic mari-na-condominium cum commercial complex at its 286,264- sq metre harbour yard site. The marine and propertybased conglomerate disclosed that it was hoping to
      643 words
    • Article
      Cold Storage Holdings profits rise 14.2 pc
      501 17  -  By LORETTA McLAUGHLAN COLD STORAGE Holdings PLC, the Singapore-based food group, continued to boost its operating margins in the second half of last year, thanks both to its own and govern-ment-inspired cost-cutting measures. At the year-end on Jan 31, pre-tax profits were 14.2
      501 words
    • Article
      Lock icon Emporium (M) creditors to form inspection panel
      337 17 Bernama ES THE UNSECURED creditors of the ailing Emporium and Supermarket Holdings Bhd (ESHB) are to form a committee of inspection within a fortnight to unravel the web of debts and dealings of Malaysia's largest retail chain. With the formation of the le-gally-recognised
      Bernama ES  -  337 words
    • Article
      Kim Eng denies NatWest link
      84 17 MR RONALD 001 Thean Yat, a director of Kim Eng Securities, has denied that his broking firm has found a potential partner in UK bank Nat West. "No application has been made by the firm with any foreign participant,'' said Mr Ooi. He was responding
      84 words
    • LATEST RESULTS
      • Article
        JURONG ENGINEERING Ltd:
        86 17 Group profit after tax and minorities of $6 47 million ($4.14 million) on turnover of $117.67 million ($104.89 million) for the year ended Dec 31, 1986 Earnings per share came to 25.8 cents (16.5 cents). A first and final dividend of 15 per cent (same) less tax
        86 words
      • Article
        SPK-SENTOSA Corporation Bhd:
        67 17 Group net loss of M 51.05 million (loss of M 52.75 million) on turnover of M 55.62 million (M 511.95 million) for the year ended Dec 31, 1986. Loss per share came to 2.2 cents (5.9 cents loss). No dividend will be paid The board expects that
        67 words
    • Article
      Lock icon Batu Lintang negotiating with lenders over repayment of M$64m loans
      247 17 Bernama ES BATU LINTANG Rubber Co Bhd. which has gone deeper into the red, has term loans of M 564.29 million outstanding as at Sep 30. 1966. In a statement yesterday. Batu Lintang said principal and interest amounting to M
      Bernama ES  -  247 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      463 16 Cold Storage Holdings RL.C. (Incorporated in the United Kingdom) PRELIMINARY REPORT TO STOCKHOLDERS The Directors announce the audited results for the year ended 31st January, 1987 as follows:Operating profit includes $139,000 arising from the sale of a property. The results do not include any pre-acquisition profits or profits on the
      463 words
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      Page 16 Advertisements Column 2
      166 16 v» COMING HOME. Coming home means returning to a relaxed atmosphere. And being showered with the comforts you're accustomed to. It's enjoying TV or a video film while your suit is pressed and a missing button is sewn back on. It means appetising swiss-style veal tor dinner. Or beef rendang,
      166 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      327 17 APPOINTMENTS Coopers Lybrand Associates provides a comprehensive range of management consultancy services aimed at helping clients increase the effectiveness and profitability of their organisation. These services include Corporate Development, Organisation Planning, Financial Control and Management Information Systems, Manpower Reviews and Cost Reduction Studies, Electronic Data Processing, Manufacturing and Distribution Systems,
      327 words
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      Page 17 Advertisements Column 2
      158 17 A large reputable international tank container operator is looking for: OWNER'S REPRESENTATIVE Primary Task: Owner's Representative with sales function Secondary Task: Operating. Administration. Financial Control Candidate should be aged minimum 35 years and familiar with all aspects of international shipping in regard to special equipment (Tank Container), have marketing and
      158 words
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      Page 17 Advertisements Column 3
      1360 17 Far East Levingston Shipbuilding Limited NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-first Annual General Meeting of the Company will be hekJ at the Company's Registered Office at No. 31 Shipyard Road. Jurong Town, Singapore 2262 on Thursday. 7th May 10.00 a.m. to transact the following
      1,360 words
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  • Article, Illustration
    Mahathir calls for racial harmony in Sarawak
    395 18  -  By LUCY NG in Kuching MALAYSIAN Prime Minister Dr Mahathir Mohamad yesterday appealed to Sarawakians to help maintain racial harmony in the state and not to change their government. Sarawakians go to the polls today and tomorrow and Dr Mahathir is the first
    395 words
  • Article
    Lock icon Jaffar warns ringgit speculators
    164 18 Bernama FOREIGN EXCHANGE dealers who are tempted to speculate on the ringgit are doing so at their own peril. Bank Negara governor Datuk Jaffar Hussein warned yesterday. He said although the ringgit being not a reserve currency was less subject to prey by speculators, "temptation strikes
    Bernama  -  164 words
  • Article
    Lock icon Dollar sinks against yen as Tokyo stock market soars
    338 18 Reuter THE DOLLAR fell to a record low against the yen yesterday as major Japanese financial institutions dumped US government bonds and bought yen to pour into the Tokyo stock market, which hit a record high. "There is a colossal amount
    Reuter  -  338 words
  • Article
    Singapore ranks third among Indonesia's export markets
    328 18  -  Republic comes out tops in terms of volume By LOH HUI YIN SINGAPORE, which imported U551,239 million worth of goods from Indonesia last year, was the third biggest buyer of Indonesian goods, after Japan and the US. But in terms of volume, the
    328 words
  • Article
    Lock icon Japan considers tit-for-tat list against US
    180 18 UPI THE JAPANESE government is considering a list of US imports as targets for trade retaliation if the US imposes sanctions as planned last Friday in a computer chip dispute, a senior trade official said yesterday. But Masaji Yamamoto. deputy director of the Machinery
    UPI  -  180 words
  • Article
    Lock icon Prices down
    53 18 AFP WHOLESALE prices in Japan fell 10 per cent in fiscal 1986, the second consecutive annual drop and the biggest in post-war years, the Bank of Japan reported. The wholesale price index for the fiscal year, which ended March 31, stood at 88.1 against 100 for the base
    AFP  -  53 words
  • Article
    Lock icon Mozart's manuscripts up for auction
    109 18 Reuter MUSICAL MANUSCRIPTS by Mozart are to be sold in London next month in what auctioneers on Monday called the most important music manuscript sale of the century. Sotheby's auction house said 500 pages representing nine symphonies by Mozart were expected to fetch a record
    Reuter  -  109 words
  • Article
    Lock icon Comex silver
    87 18 Reuter COMEX SILVER futures soared to 18-month highs yesterday morning on buying propelled by robust gams in gold and a weak dollar. In fast-paced business, silver for delivery in .May jumped up 33.0 cents to U557.25 an ounce before backtracking to US$7.O7. Analysts said managed funds were major
    Reuter  -  87 words
  • Article
    Lock icon Dow Jones lower
    67 18 Reuter NEW YORK stock prices tumbled in early trading yesterday as inflation and interest rate fears remained the paramount concern. The Dow Jones Industrial Average, which lost 52 points on Monday, fell 24 points to 2,272. "Disappointment with the trade deficit, the downward pressure on the dollar
    Reuter  -  67 words
  • LATE FILE
    • Article
      Lock icon Indonesia revalues rupiah upwards
      30 18 Reuter BANK INDONESIA has revalued the rupiah upwards against major currencies, setting the middle rate against the dollar at 1.639. compared with 1.641 on Monday. Reuter
      Reuter  -  30 words
    • Article
      Gorbachev gives a conditional 'no'
      47 18 SOVIET leader Mikhail Gorbachev said yesterday he would not visit the United States unless he had business' to do there, as US Secretary of States George Shultz arrived at the Kremlin with a letter from President Ronald Reagan inviting him to Washington.
      47 words
    • Article
      Lock icon Japanese workers get small pay rise
      45 18 Reuter THE RENEWED rise of the yen and heightened trade tension between Japan and the US have forced Japanese workers to accept their smallest ever wage increase for the current year from April 1. labour union officials said. Reuter
      Reuter  -  45 words
    • Article
      Lock icon Sino-Soviet talks resumed
      38 18 Reuter THE SOVIET UNION and China have resumed talks on normalising relations. Chinese Deputy Foreign Minister Oian Qichen and Soviet Deputy Foreign Minister Igor Rogachev opened the 10th round of the normalisation talks yesterday morning.
      Reuter  -  38 words
    • Article
      Lock icon Call for expulsion of former minister
      38 18 Reuter SEVERAL ruling Congress (I) Party executives yesterday called for the expulsion of former defence minister Vishwanath Pratap Singh whose resignation on Sunday deeply embarrassed Mr Rajiv Gandhi's government and party. Reuter
      Reuter  -  38 words
    • Article
      Lock icon Cory visits rebel stronghold
      40 18 Reuter PRESIDENT Corazon Aquino yesterday visited a remote village in the Bondoc peninsula. a rebel stronghold, to inaugurate a road project promised by the government last year after communist guerillas freed a kidnapped army officer. Reuter
      Reuter  -  40 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      108 18 Sarawak election unlikely to settle family feud, Page 9 *1 0 ,-V- >1 W&%wmMim Wmm Hk ft. m m s'S Wm. mm w. «i hi i j-iif; *vi i-x x t W >. z > ic.iA unw Oc£ has been a market leader in copying for office and industry for
      108 words
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      Page 18 Advertisements Column 2
      97 18 Complementary investment role with Indonesia noted, Page 3 The gold report was not available at press-time. Grills Greens t .'Sfe A choice of 18 salads, five cold cuts, soup, three roasts, eight grills 12 desserts. What more could you ask for? The entire buffet spread is yours for $25.50 per
      97 words
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      Page 18 Advertisements Column 3
      3 18 See Page 5
      3 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      52 18 msrciaa A Outlook: Showers over several areas in th« afternoon. Report for 24 hours prior to 7.30pm on April 14 at the airport Maximum temperature 33.0 Associated humidity 65 Minimum temperature 25.5 Associated humidity 96 Hours of sunshine 6.45 Rainfall in millimetres Nil Rainfall this month 40.3 Rainy days this
      52 words
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  • SHIPPING TIMES
    • Article
      Tight supply of containers
      638 19  -  By JUNE LIM CONTAINERS are in short supply as exports of Far East goods to US and Europe have outpaced imports from these countries A container leasing representative says the situation is particularly critical in Bangkok where the company which "holds the box holds the cargo"
      638 words
    • Article
      Maersk Line to start direct UK port of call by end 1988
      280 19 LEADING Danish operator, Maersk Line, is to introduce a direct UK port of call when its EuropeFar East service goes weekly towards the end of 1988 Maersk has served the UK market through feeder services from Tilbury and
      280 words
    • PORTSIDES
      • Article
        Lock icon BS wins Chinese contract
        115 19 AP STATE-OWNED British Shipbuilders has won a mul-ti-million pound contract to build two big container vessels for the China Ocean Shipping Co, the largest ship operator in China. The company did not specify the value of the contract for the two 46.000ton vessels. The British domestic
        AP  -  115 words
      • Article
        Dressing ship on May 1
        27 19 MASTERS have been requested by the Singapore Marine Department to dress ship to celebrate Labour Day which falls on Friday. May 1.
        27 words
      • Article
        Lock icon HDW on defence deal with India
        184 19 AFP WEST GERMAN shipbuilder Howaldtswerke Deutsche Werft (HDW) confirmed that it was negotiating a defence contract with the Indian government, but refused to comment on an inquiry ordered by former Indian Defence Minister V P Singh into improper payments. A spokesman for HDW said
        AFP  -  184 words
      • Article
        Tour boat sinks
        79 19 AN OVERLOADED tour boat sank in the bay of Port-au-Prince and 18 people drowned. Twenty-six people were aboard the vessel that sank around 7:30 pm (2330 GMT) Sunday. The victims included four Jamaicans, survivors were quoted as saying Navy patrol boats searched night and day but by
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    • Article
      Lock icon Seaway pilots accused of piracy
      1738 20 On Feb 23, 1986, the engines of a West German freighter stalled at the mouth of the Saguenay River after its propeller was damaged. Pilots of the Laurentian authority tried to remedy the situation when the Wilhelm Wesch drifted but without much success. Eventually, the
      UPI  -  1,738 words
    • Article
      Lock icon Treasure from wreck likely to be estimated at more than £20m
      187 20 Reuter TREASURE being hauled from the wreck of a British ship torpedoed by a German submarine in 1917 could be worth many times more than the original estimate of £20 million (US$32 million), salvage experts said. tjvers from the
      Reuter  -  187 words
    • Article
      INDEX TO ADVERTISERS
      927 20 AB Shpg V 5 ABC Contoiner VIII 1 Accord Shpg VI 3 Ahrenkiel liner X 1 Africa Ocean IX 4 Alltrons VII 3 AC Toepfe' X 5 Anro Service IV 23 Arrow lines IX 5 Alios line X 3 ANl 1 1/2 A PC line V 4
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    • Article
      LONDON FREIGHTS
      1614 20 VERY ACTIVE time-charter fixing featured the freight market on Monday with several vessels secured for period business. shipbrokers said A 43.000 tonner was arranged from west coast South America for 12 months trading at US$5.OOO daily Shippers fixed a 26 000 tonner from Cape Passero for six to
      1,614 words
    • Article
      Bolitho to be named chairman of ICHCA
      421 21  -  By Kingsley Wood THE AUSTRALIAN National Line chairman Bill Bolitho will be named chairman of the International Cargo Handling and Co-ordina-tion Association (ICHCA) at the 18th biennial conference which opens in Brisbane on May 11. His appointment has been endorsed by the London-based
      421 words
    • Article
      Lock icon Overturned rig tosses six men into chilly waters
      204 21 UPI AN OFFSHORE oil rig capsized in the Gulf of Mexico and tossed six crewmen into the chilly waters, where they remained for nearly 12 hours before they were rescued by two vessels on Monday, the US Coast Guard said. Donald West,
      UPI  -  204 words
    • Article
      Lock icon ABP profits surge by 50pc to £26 million
      349 21 FT SIR KEITH STUART, chairman of Associated British Ports, has reported a 50 per cent surge in 1986 profits to £26 million pretax and added that 1967 had got off to a good start and prospects for the year were excellent. Sir
      FT  -  349 words
    • Article
      Hamburg registers 7.5 pc rise in container handling
      105 21 HAMBURG port continued to handle more containers last year, with a 7.5 per cent rise over 1985. At 1.25 million TEUs, its performance brought it further away from rival port Bremerhaven, the second largest port in Germany at one million TEUs last
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    • Article
      Lock icon WEEKLY FREIGHTS
      1052 21 AFP SENTIMENT turned cautious during the past week on the freight market after an initial surge last Monday which took the Baltic International Freight Futures Exchange (Biffex) index to 1,033 points, its highest level for two years. Signs that grain bulkers on the key routes out of the
      AFP  -  1,052 words
    • Article
      Lock icon HKIL's new service will offer twice monthly sailings
      125 21 Cargonews Asia HONGKONG ISLAND Line has inaugurated its new trans-Pa-cific direct service between Kaohsiung/Keelung/Hongkong and Seattle with the maiden voyage of its recently purchased 1,660 TEU vessel Admiralty Island. According to Bob Guinan. Seattle-based sales manager for HKIL, the new service wtfl
      Cargonews Asia  -  125 words
    • Article
      SHIPPING LIST
      2602 26 AANNUB Ever Qrece Evergreen April 17 Banavon If lot AprH 20(PK). NM Dam ScanOuteht April 20 Fan He China Ocean AprN 20 Ever Greet Evergreen April 23 Luna Maarak Mearek Lma AprH 23 Ming Galaxy Yang Ming. April 25 Mercetor Maarak Lina May 1 AMftOCEN Fan Ha China
      2,602 words
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      SHIPS IN PORT
      1138 26 AT CONVENTIONAL WHARVES SPC XI JI2 15 04 OB00 1504/1800 Trono 15/6 I5 04A3200 1604*3600 Vasaal Barth Arrival Departure Uremic J4 1504*1730 20 04/2300 KEPPEL WHARVES MARINA WHARVES MI8 M2B MIA MIC M4A M3 M2B Alfesoni Alj Harmony Aoby Bergen Arrowr Eastern Glory For Eo$t NavM Gno
      1,138 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      757 19 Mammoth Hunters Jean M. Auel M CORONET BOOKS Available at all Good Bookshops fits} STP Distributors nIU 2 Jufong Pr<n Roma Singapore 2261 eV V '"fs iVtiuO OOCL Orient Oviiqias Co*Lim\ Line wir// JAROIHE SHIPPING AGENCIES (R* MO 242K4/ OOK) 200 Cantonmortt Road #12-06 South pomt Smppore 0208 Td 221»U
      757 words
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      Page 19 Advertisements Column 2
      73 19 raps WHILE St Lawrence Seaway officials sipped champagne to mark the opening of the 1987 season, the marine lawyers in Montreal were preparing a lawsuit that could darken the waterway's already-tarnished reputation. Page II THE CHAIRMAN of Associated British Ports has reported a 50 per cent surge in 1 986
      73 words
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      Page 19 Advertisements Column 3
      1067 19 A WOMAN 0T POWER. SHE SUBSTAHCE NEEDED LOVE. SHE WANTED REVENGE. OfU Emma Marie is X M A WOMAN OF SUBSTANCE Bui what is the price jL she has paid'* Available at all good bookshops *1 MAERSK LINE EUROPE The Direct Line Towards A Weekly Service Port Keiang Penan 9
      1,067 words
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      Page 20 Advertisements Column 1
      285 20 o*3 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTINENT OUTBOUND TO MEDITERRANEAN Aim FCL Car»> to Limiuot. Ikrtin lattakia. Mrul and Akiartria rtlay via IbrMill OUTBOUND TO ARABIAN GULf AND INDIAN SUB CONTINENT KARACHI MNDIA
      285 words
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      Page 20 Advertisements Column 2
      17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association
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      Page 20 Advertisements Column 3
      451 20 TEL: 03-*****50 MALAYSIA SON BHD. TLX: ***** MTM EUROPE/FAR EAST CONVENTIONAL SERVICE VSL SCAN VENTURE PT of LOG I jmuidtfl Brtmtfl -1 Uanderun Iskanderun Madras Lubac* Hamburg PT KLANG 17/5 Further load/ discharging ports an route subject to sufficient inducement Smppore Office: MTM S pore Tel *****00 Tlk RS *****
      451 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      847 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd F&OCLm P&O Containers Limited CONTAINERS!# SERVICE TO UK/COffTMENT: OWTAIWERSHIP SERVICE FROM UK/COWTWENT: mm rkn« rta■ una sin [p.Vmi s>an km cm or axmmm mm mm mm mm mm a* on an FMiKFurr express mm mm mm mm mm mn ejs mn
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      Page 21 Advertisements Column 2
      761 21 CHARGEURS REUNIS »imt M: S sort PJWM| 8 ton* Iwta tl IT lUMC BAMi 11 Apr a Apr Mry 12 «n 14 MBI a/br Star Vkf u a X PIOKEft Kir uir V N*T a fey 1 jum Um *OMCA U fey Sin *Jm Ibw VhM IS bm (MED CLUB
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      271 22 r Hapag-Lloyd CONTAINERSHIP SERVICE TO UK/CONTINENT ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN COPENHAGEN. AARHUS. GOTHENBURG. MALMO HELSINKI. OSLO. AMSTERDAM CARIBBEAN S. AMERICA CONV/SEMI-CONTAINER SERVICE TO EUROPE CONV/SEMI-CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK/CONTINENT Agents Singapore *****66 K. Lumpur *****25 Booking *****78 P. Kelang *****18 Freight *****00 CFS *****50
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      Page 22 Advertisements Column 2
      723 22 K=£ JuH* ItC.&.LINE m t t CM'***"** FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 MfmbN ol ,he te Coni ,,um FROM EJROPE VIA SUEZ f Member of the Ace Consortium HIIIY CONIAINfRISED 10 FROM NORTH AMERICA WFST COASJ CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL CRYSTAL REED INDON S'PORE LOADING
      723 words
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      Page 22 Advertisements Column 3
      380 22 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: MOORDRECHT 25/4 ITC 005 KK Tl Man, S PORE Rott/Antwi UK (Newport) Sete/Rott, Antw'UK (Newport) CRANE SHIPPING AfWita: SINGAPORE CALICO SNIPPING PTE LTD t* nam tu in am cauco fax: whh PORT KELANG PERKAPALAN UTAMA SON BHD Tat MUM KOTA
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      Page 22 Advertisements Column 4
      882 22 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) r«. Kf HKG KSC KLG PUS OSK TYO KSN CMS NYC BAL CVU GRACE flfl M 77A ma nit EVU LINKING 2*4 27N 2*4 Ifi 2*5 3*5 evu globe a/4 i/j *j 7/5 EVER GRAND l/i WS 12/5 14/5 u m >u
      882 words
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      Page 23 Advertisements Column 1
      680 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHfT QOWA HOT A StNQA SIN JKT 9M hi W 27/4 29/4 5/5 11/5 MY SIN 10/4 M/ 4 1/5 5/5 14/5 KEE 'MUR "HTC 'YOK KOI •l» 1/5 5/5 0/5 0/5
      680 words
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      Page 23 Advertisements Column 2
      118 23 IMORBUL. NORBULK CARGO SERVICES LTD. If'* REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO: INDIA/PAK/RED SEA PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL *****56 MALAYSIA S P YEO SHIPPING t TRADING KL 7CTM4* PK 36K101 PENANG. TANJUNG MARINE SDN BHD TEL 6215» SABAH TRANSPAC K K SMM/*****S
      118 words
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      Page 23 Advertisements Column 3
      471 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS KKJJEBSEN LINE NEW ZEALAND I PORT KIANG K LUMPI)P PFNANG BFNOfRA BfNOFRA BfNDfRA TEL TEI TEL *****09 *****23 6P5319 HANJIN HAXJL CONTAINER LINES, LTD. EAST COAST
      471 words
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      Page 23 Advertisements Column 4
      635 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE ANTWERP BILBAO BREMEN A DAM R OAM H BURG VESSEL VOY OCEAN PRIMA 7WB SRIWIJAYA TOWB L J BONTANG 11WB MATARAM 18WB GANOA GAMA 18WB
      635 words
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      Page 23 Advertisements Column 5
      470 23 BOUSTEAD SHIPPING AGENCIES PA-AN VIOS PAGAN VU2 HTONEYWA V2Z3 MYOMA TWA VIQ3 BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Kelartg Penang Bangkok I*l4 Apr 20. 22 Apr Z3/2S Apr BANK LINE NORTHBOUND TO UKC SPORE ROAM HULL TOANA NIUCINI V3N 19/4 14/5 14/5 TAUSALA
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      Page 24 Advertisements Column 1
      1409 24 USA CANADA ATUWTIC COAST (Round The Wortd Service) 0 FREEDOM Vl3 S.S. BRIDGE VS9E/0 FRIENDSHIP V 2 ACE CONCORD VBE/0. FAITH V 2 BROOKLYN BRIDGE V 2 SPORE 24 Apr 16 May 25 May 28 Apr S May 30 May 6 Jun 15 May K line KAWASAKI KISEN KAISHA. LTD.
      1,409 words
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      Page 24 Advertisements Column 2
      640 24 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers i-w S po<f llMt Fraai Sfdr Aho Actepll RAMOAS ¥28 20 Apr 5 Ml, 14 Ml, 12 Mir Adet B"S fSUCIiPPtR *13 26 Api OAND'OAS Apr 13 Mi, 22 Mi, 20 Ma, Afld Bos H **6'"OAS ¥34 l'j Mi, 29 Mi, J Jurw
      640 words
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      Page 24 Advertisements Column 3
      861 24 7S-7 GOLDEN LINE %OA GUAM GUAN SHIPPING (PTE) LTD 23. I(to »?r Street SMGtfOK 0104 TEL 5343»tt (II UKS) STRAITS/PERSIAN GULF SERVICE: s-por. 80LDEN REAR Cotort»o/K*»clM/l«« Qrtoct/tMw GOLDEN HARVEST Cotombo/K*idM/Oul»t/B«hr»in 1.0 May P Kmn| Ptwtf CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA P KLANG PENANG DESTINATION
      861 words
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      Page 24 Advertisements Column 4
      422 24 4, 15 Ho« Chiang Road. #07-02/03. Sanford Building, Singapore 0208 Tat *****11 (10 Llnaa) Bulk Orient Line 1 I BREAKBULK SERVICE TO EUROPE/UK M V BOSL TBN 1705 P Kaianf Loading lor--1/5 ROT/ANT/U.K. (HULL) Agents Smgapor. INTRASEA (PTE) LTD BOOKING 22*511 K Lumpur BINTANC SHIPPING CO. SON. BHD 71*711 Penang
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      864 25 ?»ore NEPTUNE AGENCIES PTE. LTD FE EU/AUST TPA/SEA Tel No Offtt. Tenmrul CFS BOOKINGS *****53 *****42 zimn man Z22US3 vwm *****H *****13 77« i« NEPTUNE ORIENT LINES LTD NEPLINE SDN BHD 360*07 NEPLINE SDN BHD *****8 NEPLINE SDN BHD txtasttnimitrmiww NEPLINE SDN BHD ***********1 K CHANCE lIV C CONTAINER 39*
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      Page 25 Advertisements Column 2
      472 25 OOMAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN. INCHON 1 Vessel's Name S pore No I Donjm 703N In Poet No 7 Donjmi7Q3N 17/4 No 6 Donam;7osN 30/4 No 9 Donam ,703N 7/5 M Enter/7 lON 11/5 No 7 Donjm;7o4 N 20/5 No t
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      Page 25 Advertisements Column 3
      715 25 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 ***** P. KELANG PfNANG Wi HANDLING SYSTEM CO SOU. MO. MESSRS MAI THONG SHIPPING 127 StrwL Nm Wtpm
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      Page 25 Advertisements Column 4
      80 25 FERI MALAYSIA SDN. BHD. PORO CONTAINER PAIIF TISt D MEKIY SFRVICF 10 KUANT«N KUCHING K KINABAIU #1 SO ACCEPTING SHE DRIVFN HEAVY VEHICLES GULAR DEPARTURE ON "CRUISE MUHIBAH" VOYAQC SPORE KUANTAN KUCHMQ KOTA KMABALU nt I*l 17AM IVt4 IWM IVM 1M um am nm sum 12/ M IVM um WI.U
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      313 26 SINGAPORE SHIPPING CORPN.tPTEI LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD VEB DEUTF RACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE -LNACA *****1 "VIA LARNACA: Accepting cargo for Piraeus, Thessaloniki, Izmir, Istanbul, Mersin, Limassol, Beirut, Alexandria, Port Said, Iraqi, Iranian and other Middle-East destinations. E23EBH
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      Page 26 Advertisements Column 2
      73 26 THAI-PORE ENTERPRISE PTE LTD TEL: 748-5755 TLX RS *****/TAIPO REGULAR SERVICE TO AND FROM PHNOM PENH KAMPUCHEA ETA ETD MEKONG EXPRESS In Port 16/4 Veswh ado ailing HoctMmincitr/o«n.n l /H*phon| Ports Sublet mdwxnwnt UNITED FORTUNE SHIPPING PTE. LTD. 47 Beach Ro#d, 005-06 Kheng Chiu BuikJing, S'p Tel: *****74, *****03, *****17,
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      Page 26 Advertisements Column 3
      92 26 SEA VENTURE LINE DHAKA SERVICE TO CHITTAGONG/CHALNA Tlnpinn CMtt»fan« m SUSAN (BANCLADCSM FUC) LiH/U awv AUNTS KYC UNC (t) m LTD Ttl *****77 (I LINES) TELEX. *S2H« KYCI Boo«>m| Aftnts CONTCN MUMNIQ Tat: *****07/ nun HI IMB Tatar ft* SUM COMFI A «2Sw tCX SMPPM SON. BHD. PTiffM Malaysia Singapore
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      Page 26 Advertisements Column 4
      278 26 INTEROCEAN EXPRESS LINE Weekly LCL Consolidation Service Wnf MEN 6 HORN 6 SNIPPING PTE LTD ■Mii* TEL: *****11 (S Lino) Tlx: RS ***** HWICO ACCEPTING LCL TO CHfTTAGONG REGULAR SERVICE TO BANGLADESH PORTS V«m< ETA ETD Loading for •HYE SIANG-8711 30/4 5/5 Chittagong/Chalna •HORNG LEE-8713 24/4 25/4 Chittagong/Chalna HAI LEE47OI
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      Page 26 Advertisements Column 5
      198 26 Hai Sun Hup Co (Pte) Ltd fEL 220J006 '20 Linos) TLX RS ***** f, RS 2C .77 Accepting cargo for Kaohsiung, Osaka Subject inducement Loading at appropriated Berth P4-P5 NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG," J TAIWAN i CHINESE PORTS. SUBJECT INDUCEMENT IML INTERMARITIME SOUTHERN AFRICA SERVICE VIA MAURITIUS
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  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      132 26 Regional Weather m i il 3 */•> 4 a gg A ikV '01k SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature *C y Shower Weather Wind direction with speed in knots Rata \J Cloud, Sky Wlw "tail ire MnM by arrows wMek 0, wttk
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      Page 27 Advertisements Column 1
      493 27 y HERMANN\T LUDWIG International Freight Forwarders WEEKLY-CONSOLIDATION SERVICE Hamburg West Germany Tiger Line Common Carrier Feeder Services SINGAPORE INDIA VESSEL VOY SINGAPORE CALCUTTA MADRAS PORT HARCOURT 019 TBA TBA 17-17 APR 26-27 APR 3-5 MAY S-9 MAY Common Carrier Feeder Service For Main Line Operators Only. fc. Agents: C.F. Sharp
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      Page 27 Advertisements Column 2
      222 27 PERCH OCEAN LINES (Perfect China Ocean Shipping Lines) Barge "ADD ON III": ETD SPORE END APR FOR HONGKONG ACCEPTING PIPES, MACHINERIES. EQUPT, ETC A VSSL PRC FLAG ETD SPORE END APR ACCEPTING FOR HONGKONG/HUANGPU" SMGAfIXE KENTS KAPtO SHIPPING PTE LTD TEL M»344 TU 22*5 PKEIMK/Kinm AGENTS FOMTRANS SERVICES S/B TEI
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      Page 27 Advertisements Column 3
      515 27 A PERINTIS LINE i WEEKLY FULL CONTAINER SERVICE A SINGAPORE JAKARTA VESSEL VOY SINGAPORE JAKARTA General Agents Asia Penntis Line Pte Ltd 19 Keppel Road Jit PoU Btdg Singapore 0208 Tel *****33 Tlx. ***** a/b pt asia C IMC LINES WEEKLY FCI LCL CONTAINER SERVICE SPORE IKK NKG KM UE
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      Page 27 Advertisements Column 4
      339 27 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SPORE P KELANG PENANC BELAWAN KAOHSIUNG NAHAN V-25 27/4 I*l* C SELATAN VI V SS 21/4 1/5 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER
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      Page 27 Advertisements Column 5
      199 27 FARGO SHIPPING COMPANY (PTE) LTD REGULAR EXPRESS FULL CONTAINER AND LCL-S^VICE INBOUND AGENT FOR ABC CONTAINERIZE From USA/Canada/Europe/M»dlt«rranean 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49 Arrow Lines S'PORE/COLOMBO/S. AFRICA VSL S PORE COLOMBO DURBAN CAPET ARROW
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      Page 28 Advertisements Column 1
      511 28 FINE-LINER SHIPPING PTE LTD lAl\ TEL: *****52 *****62, *****82 TLX: RS ***** FLINER j EUROPE SERVICE FAR EAST SERVICE MIDDLE EAST GULF SERVICE AUSTRALIA SERVICE WEEKLY ALL CHINA SERVICES ACCEPTING FCL ft LCL HONGKONG KEELUNG/KAOHSIUNG BANGKOK AUSTRALIA FREMANTLE USA/CANADA UNITED KINGDOM/EUROPE NEW ZEALAND SUSAN PORT KELANG MANILA TOKYO/YOKOHAMA PORT MOftSEBY
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      Page 28 Advertisements Column 2
      332 28 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22 (3 LINES) TLX NO. RS ***** HEAPCO fIP.T. UNITED SHIPPING ORGANISATION LTD JAKARTA DIRECT REGULAR SERVICES TO JAKARTA I SURABAYA Accept cargoes to all other Indonesian ports with transhipment at Jakarta or
      332 words
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      Page 28 Advertisements Column 3
      603 28 in C.V. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) CHINA CONTAINER V39H 22/4 NEPTUNE CRYSTAL V3WT n V* BRIDGE VRSW i/5 TW BRIDGE V37W 11/5 SEVEN SEAS BRIDGE VfON 20 5 16/5 17/5 23/5 24/5 FULLY CONTAINERISED SERVICE
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      Page 28 Advertisements Column 4
      923 28 Everett Lines! 1 COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" Lotdirv for Callao. Matarani. Ik) and ail other Ptfjvwn ports *rth transhipment It Kobe On CPV Through B«tts at Lading to final destination Penanf* "P Kelang HUGHEVERETT HANOI OEVERETT JOHNEVERETT Singapore 20/21 Apr 2/3 May 22/23 May "EVERETT ORIENT
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      Page 28 Advertisements Column 5
      300 28 ZIM FULL Lunii AintK btKVltt accepting FCL/LCL cargoes to USA East I West Coast. Carribbean.East Canada. HAITI, Port Au Spain, Barbados N ST LUCIA I VSL Vessel JEW" 7 1 V S»DNE* 2 M TR ESTE I V AUSTRALIA 13 58? I 17.5J7 23 587 H 8 205-87 24.5.8' 30
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