The Business Times, 21 August 1987

Microfilm: NL15925
Total Pages: 30
1 30 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.0.1. IP) No. 108/12/8« FRIDAY, AUGUST 21, 1987 75 CENTS
    12 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    205 1 Exchange rates THE S$ yesterday fell against most major currencies on the forex market. It closed weaker at $2.1045/55 ($2.1025/35) against the US$ in active trading. Trading was done between 2.1027 and 2.1085. The local unit also fell against the HK$, M$, DM and yen. US$. 144.05/15
    205 words
  • Article
    Employees accepting need for lower annual increments
    521 1  -  Slow progress in talks on variable component By FOO CHOY PENG Chief Reporter WAGE SETTLEMENTS and negotiations underway suggest that the call for lower annual increments is gaining acceptance. But talks on building up the variable component in wages are far from conclusive.
    521 words
  • Article
    Call for wage reform implementation
    267 1 OPEN AND FRANK information sharing between employers and unions is needed to achieve a flexible wage system, the executive director of the Singapore National Employers' Federation said yesterday. Mr Lawrence Mah said it was essential to have good and harmonious industrial relations as well as
    267 words
  • Article, Illustration
    Uh, bartender, there's a cherry in my beer
    177 1 BEER IS BEER Or is it? This week's Executive Lifestyle wades through the foam to determine if tradition can be broken and the brew given a new twist and image. Stop and think before rushing out to borrow money to buy "hot''
    177 words
  • Article, Illustration
    Stocks stage late recovery
    255 1 THE SHARE MARKET staged a late recovery to close almost unchanged after falling by about 23 points to 1,410 on the Straits Times Industrial Index in morning trading. Brokers said bargain-hunting and short-covering towards the close lifted the index to 1,429.68, trimming its day's loss to
    255 words
  • Article
    Lock icon Taiwan expects 10.6 pc growth
    64 1 AP THE TAIWANESE government said yesterday it expected the economy to grow 10.6 per cent this year. It said the economic growth rate reached 11.8 per cent in the first half of 1967. But. it predicted exports will slow down in the second half because
    AP  -  64 words
  • Article
    Lock icon Mochtar: Asean should restudy 'cocktail party' pact
    451 1 AFP INDONESIAN Foreign Minister Mochtar Kusumaatmadja said yesterday that the South-east Asian countries should restudy a pact Jakarta concluded with Hanoi in Vietnam last month in a bid to settle the Cambodian conflict. Dr Mochtar was commenting on Hanoi's rejection on Wednesday of
    AFP  -  451 words
  • Article
    Memo reminds US to keep Singapore out of trade bill
    655 1  -  By BOEY KIT YIN A MEMORANDUM will be sent to the US Republican congressional team on international trade to reiterate why Singapore should be left out of a US protectionist trade bill. In addition, said Trade Development Board chief executive
    655 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      15 1 YOU CAN COUNT cSUSm^^SS^ Mdtovwa u v og I. WE ARE NOW OPEN AT #01-09
      15 words
    • Advertisement
      Page 1 Advertisements Column 2
      361 1 Sh Page 2 Attracting venture capital SINGAPORE has given its whole-hearted support to the concept of attracting venture capital that would encourage the growth of local enterprise. But has Singapore the ingredients for the successful development of a venture capital industry? No, says the head of an American disk-drive maker.
      361 words
    • Advertisement
      Page 1 Advertisements Column 3
      3 1 Leader, Page 10
      3 words
    • Advertisement
      Page 1 Advertisements Column 4
      43 1 Fid report, Pag* 14 Wsjlpnal markets, Page 16 World markets, Page 17 AT A. TESTONI BOUTIQUES #01-10 rTTTf? on Hold Shopping Gallery Td: *****55 #03-28/29 Mandarin Hold Shopping Arcade Td: *****38 Sogo Dept. Store Halley's Dept. Store Teslux Pte Ltd Td: *****45, Singapore
      43 words
    • Advertisement
      Page 1 Advertisements Column 5
      20 1 Ep4ioz QUADRUPLE ZOOMING POWER MINOLTA Power-enlarging to 4 times original size. US bids couM lower Amwi'i buying powtr, Back PtQt
      20 words
Page thumbnail Page 2
  • HOME NEWS
    • Article
      Call for re-think on common market
      543 2  -  By MARTIN SOONG JUST ONE MONTH month after Asean economic ministers shelved ths proposal for an Asean common market, a former West German sconomic minister says the concept should be dusted off and re-examined. Dr Otto Graf Lambsdorff, a leading free trade proponent who
      543 words
    • Article
      Seventy offenders prosecuted for pollution last year
      95 2 THE POLLUTION Control Department (PCD) of the Ministry of the Environment Isst year proeecuted 70 offenders. They were fined s total of $76,160. Of ths offenders, 46 were for offences under the Wster Pollution Control snd Drsinage Act and Regulations, 19 under the
      95 words
    • Article
      Defence exhibition planned for Kuala Lumpur
      376 2 MALAYSIAN Exhibition Services, s subsidiary of Singapore Exhibition Services (SES). is organising s defence show in Kusls Lumpur next Msrch, the second svsnt of its kind in Msisysis since 1961. SES is cspitslising on cuts in Msisysia's defence budget in the fees of recently
      376 words
    • Article, Illustration
      Three data bases now available to insurance companies
      360 2 WITH RAPID STRIDES taken in their effort to computerise, moat ineurance companies in Singepore ere now able to tap information from three data baeee established specially for the industry. Participants at the Aaaan Insurance Council seminar were told yesterday that by this
      360 words
    • Article
      Employers to put up labour plan
      285 2 A PROPOSAL for overcoming the labour shortages faced by Vie electronics, textile and retail sectors is to be submitted to the Ministry of Labour by an employers' group. This was the outcome of a closed-door meeting yesterday between the Singapore National Employers Federation and
      285 words
    • Article, Illustration
      How computers can help the insurance industry
      466 2  -  •y SOH TIAMG KENG INSURANCE COMPANIES Stand to benefit in lour main araaa whan they computeriee their operattone, according to an Auetralian computer aoftwara axpart Mr Philip Small. Tha benefita ara in improvad productivity, battar and mora timely information, flexibility in adminietration and
      466 words
    • Article
      MEMO-PAD
      142 2 Seminars and courses DURATION TITIE VfNUE OtGANHB TBEFHOtC Sep 3-4 Report Writing Clfcl rnnlarenre vwiwtwnw too* Singapore jJ WHMlWIf Of *****64 1 Sep 3-4 Measuring ProductivityliLititnte «i insuTvW Of Institute of *****66 Function Joints System Science Sap 5 Procticol ond f n .lH n lftT0r• Dominion Profitable Approach nntinn
      142 words
    • Article
      Bid to resolve standard building contract
      403 2 SOME 200 peopla representing various sectors of the building industry yesterday sat down to iron out their differences over a standard building contract that has been under disputs sines 1980. And the tact that they had done so was significant for ths industry, noted
      403 words
    • Article
      Legacy for leukaemia victims
      166 2 LEUKAEMIA victim Jonathan Tan, who died in 1964, haa left behind a legacy of hope for other children suffering from this dreaded diseaae A fund set up in 1964 to help Jonathan Tan ia now available to all children suffering from leukaemia. The fund now totals
      166 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      65 2 Los Angeles 14 times a week. Korean Air now flies non-stop to L. A. from Seoul ten times a week. And four direct flights via Tokyo and Honolulu. No matter how often you fly there, it's nice to know you're flying with people who go there every day. For details,
      65 words
    • Advertisement
      Page 2 Advertisements Column 2
      137 2 Golden Phoenix Sichuan Restaurant Hotel Equatorial i i v W J vf m t .1 h is a connoisseur's dream come true. An Emperor's banquet in a majestic spread of exotic bod that stretches to a lew days of feasting Now you can savour a mmi version right here, any
      137 words
Page thumbnail Page 3
  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon US urged to open market more to Chinese goods
      437 3 UPI CHINESE PREMIER and acting Communist Party chief Zhao Ziyang tokl US Aaomey-General Edwin Maaaa on Wednesday that the United Stataa should opan its market mora to Chineee gooda, tha Xinhua newa agency said. Mr Zhao mat Mr Maaaa at tha
      UPI  -  437 words
    • Article
      Lock icon China's retail sales up 17.5 pc
      213 3 AP CHINA'S retail aalaa jumped 17.5 per cent in the first six months of this year, but consumer demand tor new, high-quality items exceeded the supply, according to fte Stale Statistics Bureau. Sales through June this year reached 276.2 billion yuan (U8674.6 billion), a
      AP  -  213 words
    • Article
      Lock icon Fijian political rivals agree to hold talks
      179 3 Reuter FUl's two main political groups hava agreed to hold talks aimed at forming s national unity govsrnmant to r as tors dsmocrscy following tha military coup, political sourcas said yesterday. Rstu Sir Ksmisasa Mars, Issdsr of tha Alliancs Party, and deposed prima
      Reuter  -  179 words
    • Article
      Lock icon Australia's major export industries in turmoil
      425 3 Reuter AUSTRALIA'S major export industries, coal and moat, wore in turmoil yesterday While trade unione geared for a national coal strike at the end of the month, a US ban hit beef exports to the lucrative American market. Economists said unlees the situation was
      Reuter  -  425 words
    • Article
      Lock icon Plan to push industrialisation in Malaysia
      473 3 AFP MALAYSIA has pinned Its hopes on propping Ha economy into the ranks of ths Industrial world on a master plan deeigned to break the country's dependence on crops I His rubber and palm oil. government officials and businessmen said yesterday. The Industrisl Mastsr
      AFP  -  473 words
    • Article
      Lock icon Aquino criticised for oil price rise
      183 3 AFP PHILIPPINE Vice-President Salvador Laurel on Wedneeday severely criticised President Corazon Aquino's govsrnmsnt for going ahead with an oil price increass without fully consulting the people. In a written statsment, Mr Laurel asked whether the government. in reising oil fuel prices Isst week, was
      AFP  -  183 words
    • Article
      Lock icon Manila peace strategy includes resuming talks with insurgents
      292 3 AFP THE PHILIPPINE government la prepared to resums nsgotistiona with communiet inaurgente aa part of a new peace strategy emphaaiaing countryaide development Health Secretary Alfredo Bengzon, newly-appoint-ed head of a Presidential Peece Commiaaion, aaid yeeterdey the strategy had four main pointa: e
      AFP  -  292 words
    • Article
      Lock icon Terrorists plan to use ultra-light planes
      155 3 AP THE MOST militant leftist group in Japan, Chukakuha (Middle Core Faction), has been planning terrorist attacks using ultra-light planes to protest against a visit to Okinawa in October by Emperor Hirohito, police sources said in Tokyo on Wednesday Police became aware of the
      AP  -  155 words
    • Article
      Lock icon UK journalist upsets Aussie women's groups
      237 3 AFP ONE Of Britain's bsstknown journalists has fallen foul of women's groups in Perth, Australia, who on Wednesday protested over his changes to a local newspaper. Sir Larry Lamb, former editor of The Sun in Britain, is in hot water for hia revolutionary changes
      AFP  -  237 words
    • Article
      Lock icon Traders to freeze prices of basic commodities
      210 3 PNA PHILIPPINE TRADERS haw •greed to freeze for three months the price rtee of besic commodities to cushion the impact of the 20 per cent increase in oil price on the consumers. The agreement was firmed up on Wednesday following a dialogue between
      PNA  -  210 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      153 3 "Romulus in 18 carat gold with the "Roman hours" hand-engraved on the rim. Romulus. An ultra-slim, quartz and water-resistant model. Four different f»»« in gold A. steel, solid gold, platinum or set with diamonds. OmCIAL AGENTS. tea, I SHU I HWA JEWELLERY CO. (PTE) LTD *02-112 Far Ead Ptaza. 14
      153 words
    • Advertisement
      Page 3 Advertisements Column 2
      74 3 V? (wfejue {fMituM embitiCM Hyatt Regency Singapore Come and view the largest collection of Ming and Ching Dynasty authentic antique furniture and experience the culture and arts of China's 15th 18th Century History. A rare opportunity not to be missed. Time: Mon Fri 12 pm to 9pm Sat Sun 10
      74 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      44 3 Singapore OUTLOOK: Fa*. la Mm lata M 7.30pm m Aug 20 at Calgary San Frfc'co San Jwan jonnoyo Soo Paulo Taipai 35/26 Fin* Tal A*tv 90/24 CWar Tokyo 32/25 Cloudy Toronto 27/15 Ooor Vancouver 20/11 dear Vienna 24/19 Cloudy Wonow unov Wadfttgtan 32/21 Sumy
      44 words
Page thumbnail Page 4
  • REST OF THE WORLD
    • Article
      Lock icon 'America's budget deficit will grow again next year'
      401 4 Budget Office predicts fall this year AP THE BUDGET DEFICIT will ease this year but grow again to nearly US$2OO billion unleaa Congrats and the preaident work to reduce tha rod Ink. tha US Congressional Budgat Office (CBO) said on Wadnasday. Tha
      AP  -  401 words
    • Article
      Lock icon US team to discuss arms control with Soviets
      118 4 AFP A US Congreasional delegation ia to begin an eight-day vtett to the Soviet Union on Aug 30 tor arms control talks with Soviet officials and a tour of a nuclear teat ban verification atation. it waa announced in Waahington on Wednesday.
      AFP  -  118 words
    • Article
      Lock icon Punitive duties on Japanese circuit boards could hurt US industry
      470 4 AP PUNITIVE duties on imports of Japaness circuit boarde could cost the US computer industry hundreds of millions of dollars, ths Amsricsn Computer and Business Equipment Manufecturers Association said. "Ths cost to Americans would be more than the administration wanted
      AP  -  470 words
    • Article
      Lock icon Japan Is largest electronics exporter
      191 4 FT JAPAN and European countries are increeeing their share of international trade in electronics products while the US share is diminishing, according to a survey published by the American Electronics Association (AEA). The industry group reports that the US share of electronics trade with 10
      FT  -  191 words
    • Article
      Lock icon Institute expects UK inflation to rise next year
      316 4 FT BRITISH inflation to likely to rise next year and tha underlying position on tha balance of payments is deteriorating but fears that the economy could be overheating are exaggerated, according to the National Institute of Economic and Social Research. In its
      FT  -  316 words
    • Article
      Lock icon White politicians vacating seats
      136 4 Reuter ZIMBABWE Conservative White politicians have voted ttiemeeives into political oblivion, Joining Prima Minister Robert Mugabe's government in scrapping their racially-reserved seats in parliament Bowing to inevitable change, the White members of the Lower Houee on Wedneeday night backed a constitutional reform which will deprive them
      Reuter  -  136 words
    • Article
      Lock icon Ambassador cautions on disinvestment
      304 4 AFP EDWARD Perkins, who made history by becoming the first black US ambassador to Pretoria, expressed doubts on Wednesday that disinvestment would sdd to a solution in South Africa. Mr Perkins, who arrived nearly nine montha ago, waa addressing the Executive Women's Club in Johannesburg in
      AFP  -  304 words
    • Article
      Lock icon Botha 'speaks up' for Blacks
      119 4 AFP PRESIDENT Pieter Botha shocked mixed-race MPs in Cape Town on Wedneeday when he launched an unexpected attack against their "negative attitude'' towarda South Africa's dominant Afrikaners. Botha delivered his attack during a budget debate in the mixed-race chamber of parliament as he told stunned
      AFP  -  119 words
    • Article
      Lock icon Mexican TV network takes out 'shocking' ads
      359 4 UPI A TELEVISION network has taken out a series of "shocking" advertisements in which a group of leading artiats and intellectuals demanded that the government do something about Mexico City's severe air pollution. Health risks posed by pollution were publicised for more than
      UPI  -  359 words
    • Article
      Lock icon Sarney calls for Latin American common market
      144 4 UPI BRAZILIAN Preaident Joee Sarney on Wedneeday called on Latin American nations to accelerate "economic integration" leading towards a common market to provide a solution to the heavily indebted region. In a news conference wrapping up his official three-day visit, Mr Sarney alao
      UPI  -  144 words
    • Article
      Lock icon OECD forecasts 2.5-3 pc growth for Canada
      249 4 AFP A REPORT on Canada by the Organisation for Economic Coop» oration A Development iaawad on Wednesday said the country should have average growth of 2.5 to 3 par cant a year la *****8. with lower unemployment •ikj irmaoon ***** year probably brought
      AFP  -  249 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1010 4 ARRIVALS Opmratoi S*rrkm Local From su UA FT G4A OA OA MAS OA SU MAS SU KAL MAS MAS OA son FT71 QA12I0 GA7212 GA7112 MH601 GA1211 SQ45 MM401 S043 KE697 MH01 1 MH671 GA1110 0045 0045 0044 0100 0450 0*00 0720 0750 0750 0030 0050 0*10
      1,010 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      206 4 r Vs<h Pockoynq Food Processing 11 The fifth internationally I recognised pockogingond food processing *™J exhibition. Yes, you're invited to attend the region's biggest showcase of the latest trends and technology in packaging/food processing,plastics/rubber and printing/ graphic arts. Exhibits by over 400 participants from 29 countries will be on show
      206 words
    • Advertisement
      Page 4 Advertisements Column 2
      55 4 I I I I The business person's choice, every I I II \I I H Tuesdoy, Thursdoy. Soturdoy ond SundoyJ I A \l I #1 fl \l Leoving Chongi Airport at 22:05 1 J- -1 hours ond arriving Heathrow eorly the following morning. Call your Travel Agent or Air Canodo
      55 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      49 4 Doonesbury USTEK HMTA&UE SUPPOSBP TOM/BAR UH-OH' /707 m.. JSSSA mm BACK IN! m m 5» m s < iTi II BY GARRY TRUDEAU mat NO, TMNOTTFANCBQ Wear I BETTER ASTMLIY nom* PROJECT! ASTMUY UJHO?... COULD BOOPStB? aoC SOMEONE 900PSG* <$¥**• OPENV€ A i SKYUGHT, S S. PLEASE* m 2A I
      49 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      32 5 ss c V t. C 9ft Here's to a match made in heaven. From the star reachers at Leo Burnett. Happy 150 th, Procter Gamble. We think you deserve a big hand.
      32 words
Page thumbnail Page 6
  • MONEY AND EXCHANGES
    • Article
      Forex markets
      914 6 SINGAPORE: THE US dollar yesterday closed mixed in active and nervous trading, dealers said. Japanese trust bank selling pushed the dollar to a low of 143.50 yen midmorning, but rumours about Bank of Japan intervention in Tokyo at around 143.80 yen sparked a slight recovery by midday. It
      914 words
    • Article
      Government securities market
      81 6 Treasury bills > Period Issue Yesterday's dosing Day's code Maturity WD OFFEt HKJH LOW 3 wontfn BQ*****S 19.11.87 3.18 3.08 6 months 8S*****Z 21.01.88 3.26 3.16 3.17 3.17 1 year •Y*****S 30.06.88 3.40 3.30 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's cod* rate
      81 words
    • Article, Illustration
      World interest rates
      180 6 •m prim* ton«ng*ralM of 12 ma|or banks In S'para Interbank markat r atas (offer/bid) on Aug 20 US$ dm swfc Y«n 7 doyi '3/1* 11/14 f 7/0 J/4 3 13/1*— 11/1* n/)-*7/| 3 7/1* 3/1* 1 m*i 6 13/1* ll/l* IS/1* 13/1* 3 7/» 3/4 3 1/3
      180 words
    • Article
      Lock icon 'Managed float used to stabilise currencies'
      164 6 AFP MONETARY suthorities in lesding industrial nations srs sdopting a msnsgsd floating sxchsnge rets system to tighten controls on currency msrkets, the Nihon Keizai Shimbun newspaper reported yesterdsy. A msnsged flost is s system of currency fluctuation in which central banks intervene regularly to
      AFP  -  164 words
    • Article
      Lock icon Simex/IMM
      551 6 BA Futures OECEMBER Eurodollar yesterday oponad sharply lower at 02.33, down 0 ticks from Wedneeday on continued weakness of the US dollar. The December contract broke support at 92.32 and moved down quickly to 92.29 aa sell stop orders were activated. However, as the US dollar recovered in the
      BA Futures  -  551 words
    • Article
      Comex gold/silver futures
      133 6 QoM futuroo on Aim 19 100 Mr •MK Ml p* My on m 0*« to* Mk 07 445-40 450-70 455J0 4J0J0 -430 w mm ■440 Oct 45*JO 4U50 450J0 441 OO ■A4 DM 444J0 407JO 40X00 4*7 JO ■440 Nk M 470 10 47X70 470.00 mm -0*0
      133 words
    • Article
      Asian $ market
      322 6 Asian market ABIAN DOLLAR deposit rates yesterday cloeed lit»* changed from opening tevela, after thin trading. Dealer* said most operators were sidelined in the afternoon in the abeence of '••n TaClOfl. The market was awaiting today's reieeee of US revised second quarter GNP data, July oonsumer price index and real
      322 words
    • Article
      Options
      625 6 CURRENCY FUTURES OPTIONS IMM Wadnaa* lay, Amfmt 10, 1007 Mm «M POUND C luat; mMo pM C SMa CaOp-OaO lp Ma-OaM* Mm fan OM« Dim ■fa* OMp 0a*p 1573 4J3 4.20 3.13 0X0 a*3 1.00 1*00 143 2X0 370 0-S3 1X0 2.00 1*25 Ij00 1X0 2X3 140 4X0 1*30
      625 words
    • Article
      Money markets
      64 6 THE OVERNIGHT rat* on the Singapore interbank market closed unchanged at one per cent yesterday. The one-month term rate remained unchanged while the two and threemonth rates fell by 1/18 point each. S$ Interbank rates at 7pm yesterday: arm mo Ow. ■M» 1/2 I—* 4 3/4 4 S/S
      64 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      240 6 How Exxon Chemical protects you from the hard knocks of life By helping you ride on air air held securely inside the tough rubber mnertubes and tyres of the motor vehicle you use Innertubes, or innerliners in the case of tubeless tyres, made from butyl rubber provide an enduring cushion
      240 words
    • Advertisement
      Page 6 Advertisements Column 2
      65 6 w Bank of India London Branch U5525,000,000 Nagotlabla Floating Rata Cartlficatas of Dapoait Dua August 1987/88 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the six-month interest period from 21 August 1987 to 22 February 1988, the Certificates will carry an Interest
      65 words
Page thumbnail Page 7
  • BANKING AND FINANCE
    • Article
      Lock icon Brazil debts may get 'value impaired' label
      504 7 AP YESTERDAY marked six months since Brazil suspended payments on US$6B billion worth of debts, and the day could open a new phase in the crisis over the trillion dollars owed by Third World countries. When a country fails to pay interest on
      AP  -  504 words
    • Article
      Lock icon Westpac cuts indicator lending rate
      148 7 Reuter WESTPAC BANKING Corp is dropping its indicator lending rate to 19.5 per cent from 20.5 per cent from September 1. Westpac New Zealand's acting general manager, Barry Horsnell, said that various reductions would apply to overdrafts, term loans, housing loans, personal loans and bank
      Reuter  -  148 words
    • Article
      Lock icon Brazilian deputies seek firmer moratorium
      144 7 AFP BRAZILIAN parliamentarians who accompanied Finance Minister Lulz Carlos Bresser Pereirs to the United States last month for preliminary talks on debt rescheduling are seeking a stiffening of Brasilia's moratorium on interest payments to private banks. Ruling Democratic Brazilian Movement Deputy Franco Gasparian said in
      AFP  -  144 words
    • Article, Illustration
      Lock icon Argentina to sign debt agreement
      440 7 AFP ARGENTINA'S Economy Minister Juan Sourrouille is to sign agreements in New York today with creditor banks that will reschedule some US$34 billion of the country's US$54 billion foreign debt Argentina holds the thirdIsrgest foreign debt in Latin America, following Brazil's US$ll2 billion and Mexico,
      AFP  -  440 words
    • Article
      Lock icon Peru's bank move to go ahead
      280 7 AFP THE PERUVIAN government is prepared to pay US$3OO million to nationalise the banking industry and intends to push ahead with the project, Prime Minister Guillermo Larco Cox said on Wednesday. President Alan Garcia announced the proposal to nationalise banks, insurance companies and financial
      AFP  -  280 words
    • Article
      Lock icon The largest ATM network in S-E Asia
      126 7 AFP AN AUTOMATED-TELLER machine network partly owned by Beijing's Bank of China (BOC) group has become the biggest such network in South-east Asia, its operators said in Hongkong on Wednesday. Standard Chartered Bank, a British bank which issues currency in the colony, has
      AFP  -  126 words
    • Article
      Lock icon Deposits of Australian trading banks rose in July
      114 7 Reuter AUSTRALIAN major trading bank deposits rose by A 5393 million to A 546.60 billion in July after falling AS2O3 million to A 546.21 billion in June and falling As6s million to A 544.26 billion in July 1966. Total loans, advances and
      Reuter  -  114 words
    • Article, Illustration
      MAS to auction five-year bonds worth $300 m
      273 7  -  By LEONG WEN WAH THE THIRD ISSUE of bonds under the new system of scripiees trading and market-oriented yields waa announced by the Monetary Authority of Singapore last night. The taxable bond iaaue five-year notes worth $300 million will be auctioned off
      273 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      134 7 1 The Telecoms car phone makes it possible for you to return to work even when you've just stepped off the plane. With a car phone, just two minutes out of Changi and you're already ahead of any office development or negotiation that may have transpired during your overseas assignment.
      134 words
Page thumbnail Page 8
  • COMMODITIES
    • Article
      Lock icon On-line UK sugar market doing well
      505 8 Reuter SET UP TO RIVAL a decadesold Paris Sugar Exchange, a new computer-based market in London to trade in sugar futures contrscts is flourishing, British dealers say. As a result, the French Finance Ministry is considering changing its currency rules to allow French residents
      Reuter  -  505 words
    • Article
      Lock icon US group may have found largest oil field of the past 10 years
      183 8 FT KERR McGEE, the US energy group, may have made the largest discovery in the North Sea for over a decade, with a fieid that could contain more than 350 million barrels of oil and substantial gas.
      FT  -  183 words
    • Article
      Lock icon London broker revises sugar deficit to a surplus
      149 8 Reuter BRITISH augar broker Qill and Duffue PLC, reviaing earlier predictiona of a world augar deficit in the production year ending Aug 31, haa forecaat a amall surplus. Two months ago, it aaid there would be a deficit between production and consumption
      Reuter  -  149 words
    • Article
      Lock icon US oil imports at 7-year high
      274 8 UPI US PETROLEUM imports surged in July to the highest level in more than seven years because of rising oil demand and a sharp decline in domes tic crude oil production, the American Petroleum Institute (API) reported yesterday. Mounting tensions in the Gulf also
      UPI  -  274 words
    • Article
      Lock icon Japanese get Indonesian US$400m LNG contract
      335 8 FT TWO JAPANESE companies have been awarded a US$4OO million construction contract to expand the indoneaian liquefied natural gas (LNG) facility at Bontang on the island of Kalimantan. Chiyoda and Mitaubishi Corp have won the contract against competition from Lurgi and Kellogg of the
      FT  -  335 words
    • Article
      Lock icon Soybean
      122 8 Reuter SOYBEAN FUTURES on the Chicago Board of Trade on Wedneeday cloaed on or near the higha with old crop August maintaining atrong gains. New crop prices ended four to eight US cents higher per bushel and Auguat finiahed up 10-1/4 cents at US$5.4O-1/4. November aettled aix cents higher
      Reuter  -  122 words
    • Article
      Lock icon Wheat
      124 8 Reuter WHEAT FUTURES on the Chicago Board of Trade on Wednesday cloaed on or near the day's highs with prices up 3-1/4 US cents to one cent per bushel. December finished 2-1/4 cents higher at US$2.B7-3/4. Tradera said steady commercial buying sustained pricea for the day and firmness in
      Reuter  -  124 words
    • Article
      Oil and Products
      67 8 EXCEPT (or a marginal increase in naphtha talking I avals, moat products ramainad unchanged in quiat trading, as traders sat back raaaaaaaing near term price trends. USI/kenel O—i» Oubo (Oct) 17jOS -aio WM T«ia> wn tool lf.4« -0 37 Products (FOB S'por*) USS/bon* Otanf* <imn 22.40 Mrfi
      67 words
    • Article
      Lock icon KL Tin
      113 8 Reuter TM PRICES on ffM Kuala Lumpur Tin Market yaa> itroiy uHiunuM to ITM, gaining fiva cants from Wedneeday to eloao at M 816.72 par kMo. Daalara acid Ida ateedy gatna vara Aw reault 9» aterflng'a ataadi|«f|| l*|| -*l wnrcn promptM Mtft Europoan and Japanaaa buying. Loaal Merest
      Reuter  -  113 words
    • Article
      Precious Metals
      316 8 HONGKONG: GOLD yesterday closed lower but waa off the dey's lows on late buying by Mkf-dle-Eaat interests. Local investors sold sporadically amid a lack of fresh incentives, they said. The increasing prospect thst South African gold miners will end their strike soon also dampened buying interest. Bullion settled
      316 words
    • Article
      Produce Prices
      291 8 Chinese Produce Exchange S#M#rt noon pfk Auguft 20 (SS/100 kg) 9M an Coconut oil M FOB 95.00 OW drum FOB 105.00 N»w drum FOB 109.00 Copra Mlx«d (Ioom) 56 soUocs Pepper Muniok wtilt* FOB NIW 1192 J0 Sarawak whit* FOB foq NIW 1177 JO Sorawak special block FOB
      291 words
    • Article
      London Markets
      311 8 LCE •vrWMar dod ng prtcot on Aug 19 (I/lam m i ill ,4 »p«cm#o j Provtout doting p irioo* In Con— loth in iiou London, iiMirt opHon OP London s^» 1240/1245 (1249/1230) htgh/low 1254/1239 Nov 1261/1263 (1273/1275) Ugh/Low 1262/1261 Solo* (2966) Cocoa Sop 1245/1246 (1256/1260) High/low 1256/1239 Doc
      311 words
    • Article
      Palm Oil
      441 8 Cnrfi palm oN fulurM at the Kuala Lumpur Commodity Exchange y aster day cloaod slightly ataadlar in moderately active trading. Dealers aaid market sentiment improved with fresh overssas interests at the market They added that news of Indian and Chineee buyers preeence in the market helped to puah
      441 words
    • Article
      Rubber
      260 8 SINGAPORE THE MARKET yesterday cioeed steady with September One RSS buyers quoted at 216.50 centa/kilo, unchanged from Wed needay. Trading on the TSA-20 market wes thin throughout the day but prtcee eased slightly towards the doee on some selling. September and October TSR-20 cioeed at 190.50 cents/kUo. both down
      260 words
    • Article
      RAS and MRELB
      274 8 RAS prices in 14 ikib* NOON CLOSE tar 1 RSS frompt WTWTJ 218.50 219 JON wryan 21X00 219.00N hi 1 RSS Sop 87 217.00 217 JO 21X50 217X10 tat 1 RSS Oct 217.25 217.75 217.00 217 JO tar 2 RSS Of 21X00 217.00N 214J0 21X50N J tal
      274 words
    • Article
      SSR and SMR
      87 8 (cann/k®, 1 -*on RA8 SSI 20 sst so MRELB MM SEPTI (cum N l«ftn 194.00 192 JO Ivytn MBEt 87 mr month) OON S*n 196. OON 193J0N lilm OCTOW t7 (forward imuiMK) NOON hnwi S»l«n 194.00 196j00N 19X50 193JON IvMn Stlfi SMI CV 265.00 267OON H4H 266.00N
      87 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      93 8 Live Seafood Italian flavour Aug 24-Sept 10,1987 (except Sundays) o r All fresh from the sea. Prepared traditional Mediterranean style. A rediscovery of culinary wonders. Only at the Grand' Italia Restaurant. Mi ■><% Price*are wtoject to 10* tervke charge and 3% ce*. Special set lunch (12.00 pm 3.00 pm) 5525.00
      93 words
    • Advertisement
      Page 8 Advertisements Column 2
      86 8 V* B*st S*thr: <y Dr. /Übirt CM*, author of ovar 400 prol—lon«< journal arttdas end mora thtn 20 (wofrt on mx low* and marrtaga Including 'THE ART AND SCIENCE OF LOVE." axpiains how you can ravttaltoa your kwa Ma by if. f. ll>i«.L aat^a iw iTiliW, ••'O 8C« In Wiy#
      86 words
Page thumbnail Page 9
  • TECHNOLOGY
    • Article, Illustration
      Australia making rapid advance in software development
      481 9  -  By JEFFREY TSANG OTHER THAN kangaroos and the Great Barrier Reef, the land down under is rapidly rising in the high-tech world of computer software development. To show how good they really are, a dozen software firms are displaying their wares at the
      481 words
    • Article
      Hewlett Packard closing in on local banks
      330 9 HEWLETT PACKARD, known for its calculators. scientific instruments and computers, is now planning a big move into banks. And with its typical panache, the company is throwing its full weight behind its decision to woo bankers: it will take on this market with
      330 words
    • BITS & BYTES
      • Article, Illustration
        Putting power to the pedal
        61 9 THE LINE between motorcycle and bicycle contlnuee to blur with a German invention ironically named the Saxonette. Engineers at Fichtel ft Sachs have constructed an auxiliary motor for bicycles. With a power output of 0.7 hp, it can attain a top speed of 20 kmph
        61 words
      • Article
        Test on use of shock-waves for gallstones
        128 9 LARGE-SCALE testing will begin soon to discover whether shock-wave machines are an effective treatment for gallstones. The machine, called a lithotripter, uses shock-waves to smash stones in the body. Since it was introduced in the United States about four years ago, it has
        128 words
      • Article
        New evidence about super-heavy elements
        135 9 A NEW ELEMENT, the 110 th in the table of periodic elements, has been synthesised by an international team of scientists at a Soviet nuclear research institute. The scientists from France, East Gjermany, Rumania and the Soviet Union said the new element was obtained by
        135 words
    • Article
      Lock icon A breakthrough that makes IBM's Model 25 worth thinking about
      1013 9 NYT WHEN THE FIRST IBM personal computer was introduced six years, it was easy for office workers to choose the computer they wanted to use at home. It would be the unadorned PC. the same one they had in the
      NYT  -  1,013 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      245 9 Corporate Electronic Banking. Hexagon. Centralise the finances of your subsidiaries, instantly. Welcome to i ►< Hexagon Corporate Electronic Eanking U Decentralising management control has its problems. Problems that arise because your subsidiaries do not work to your schedules. They may be in another time zone or lack the authorisation to
      245 words
Page thumbnail Page 10
  • PERSPECTIVE
    • Article
      Hanoi shows its true colours
      489 10 ONCE AGAIN, Vietnam has revealed its true intentions. Not that it could hide them very well in the past. But its rejection of Asean's move to get it to engage in dialogue with the Coalition Government of Democratic Kampuchea (CGOK) and the Heng Samrin regime
      489 words
    • Article, Illustration
      Venture capital: The start of a new venture
      1959 10  -  The head of an American disk drive company argues that Singapore should not develop a venture capital industry when there is still a lack of skilled and experienced engineers. But the local venture capital fund companies disagree. BOEY KIT YIN looks at
      1,959 words
    • Article
      Where funds come from and where they go
      779 10 THERE ARE two basic types of venture capital funds in Singapore the professional or pure funds and the corporate ventures. Under the pure funds are the Economic Development Board s $100 million Venture Capital Fund (VCF) and private independent funds. Southeast Asia
      779 words
    • Article
      Lock icon Incentive pay gains ground in America
      631 11 UPI AMERICAN WORKERS are paying the price of growing foreign competition as companies increasingly seek to lower base salaries and link pay directly to performance, experts say. While offers of lump-sum bonuses for increased performance, gain-sharing or other rewards may sound enticing, actually employees
      UPI  -  631 words
    • Article, Illustration
      Lock icon Number of displaced workers growing in US
      704 11 AP THEY'VE TOILED for decades in America's factories, mills and mines. They are the backbone of the labour force, loyal workers who suddenly find themselves in an unfamiliar place: the unemployment line. They are the displaced millions who lose their jobs when plants
      AP  -  704 words
    • Article, Illustration
      Lock icon Lebanon hit by dwindling forex reserves
      680 11  -  'We're on the brink of disaster,' said Economy Minister Victor Kassir. The ongoing civil war has brought about crisis in Lebanon's economic arena, so much so that the country is considering dipping into its gold reserves to make ends meet. IHSAN HIJAZI reports. IHSAN
      NYT  -  680 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      189 10 BT SURVEYS Wtriar Thinklrm ivNßnp i n inn my Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps.
      189 words
Page thumbnail Page 11
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1241 11 W EU3D B&OQS) B 12 PM SBC Text Sample Paget. Opening and Programme Highlights followed by Agatha Christie's Mi is Marple Sleeping Murder (Pt 2). Indelible Evidence Windfall. Applause Jerash Festival of Culture and Arts. This annual cultural and artistic festival, held In Jordan, features the London Oty Ballet, US
      1,241 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      672 11 CRYPTIC PUZZLE 4 Justification for joining me in dance (6) 7 Are they written when recitals are arranged? (8) 8 Flights, not entirely by air (6) 10 There's no certainty about it (5) 13 Chain letters? (4) 14 Glut with assorted eats (4) 15 They open a Manx house (4)
      672 words
Page thumbnail Page 12
  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Leonard touches Cuban hearts
      278 12 AP THE POPULARITY of former middleweight boxing champion Sugar Ray Leonard apparently extends into Cuba, which officially frowns on professional boxing and forbids its fighters to turn pro. The American boxer appeared at the Pan American games boxing competition in Indianapolis on Tuesday night, and was
      AP  -  278 words
    • Article
      Lock icon US sails away with six yachting golds
      135 12 AP GRIT AND TALENT helped the US sail away with six gold medals in Pan American Games yachting. US sailors hoped to sweep all seven on Wednesday, but had to share one with Canada. "People will look at this and say there's not
      AP  -  135 words
    • Article
      Lock icon New marks at old swimming pool
      482 12 AFP TWO WORLD RECORDS tumbled at Strasbourg in Franca on Wednesday as the European swimming championships produced in one day what a week of world championships in Madrid last August failed to deliver. Not a single men's world record was erased in Madrid but
      AFP  -  482 words
    • Article
      Lock icon Nott's cricket bid looks good
      438 13 AFP NOTTINGHAMSHIRE'S drive for the English county cricket championship appears to be in safe hands despite the loss of four key players for the MCC Bicentenary game at Lord's. Their depleted side managed a magnificent 360 for three declared against champions Eaaex at Chelmsford. Tim
      AFP  -  438 words
    • Article
      Gimson in one stroke lead
      533 13  -  Singapore Amateur Open golf championship By WALTON MORAIS SAVING HIS BEST PLAY for the big occasion, Samson Gimson took a one stroks lead in the opening round of the Singapore Amateur Open golf championship at Tanah Merah yesterday. The Republic's top amateur this season carded
      533 words
    • Article
      Lock icon Workers struggle to get golf course ready for US tourney
      280 13 AP STENCH PLAGUED workers attempting to get the Butler National Golf course in shape for the day-late start of tha US Western Open Golf Tournament Aa mora of the course emerged from flood waters on Wedneeday, officials remained hopeful the
      AP  -  280 words
    • Article
      Lock icon Reference Point canters home to an easy win
      189 13 Reuter EPSOM DERBY winner Reference Point started at 14-1 on and to backers' relief strolled to an easy victory on Wedneeday in the Great Voltigeur stakes. The 12 furlong race created little stir with only two opponents taking on Reference Point but
      Reuter  -  189 words
    • Article, Illustration
      Norman hits a shoe in one
      59 13 Grag Norman of Qusansland, Australia, Joking about tha small of a shoo that hia ball I landad In during tha aacond round of tha Frad Mayar Challanga Qolf Tournamant on 2 Tuaaday In Portland, Oragon. Norman and his partnar Arnold Palmar taamad up for
      59 words
    • Article, Illustration
      Lock icon Hateley's goal keeps Monaco at top of French league
      414 13 AFP MARK HATELEY's fifth goal in six games, giving Monaco a 1-0 victory at Pari# St Qarmain, took the England international's new club two points clear at the top of the French league on Wednesday night. Hateley. who had already had
      AFP  -  414 words
    • Article
      Lock icon Headwind cheats Johnson of world record at Zurich Athletics Grand Prix
      474 13 Reuter BEN JOHNSON of Canada surged through the 10-second barrier for the third time this month on Wednesday but a headwind robbed him of his dreams of a world record. Johnson clocked an astonishing 9.97 seconds at the Zurich
      Reuter  -  474 words
    • Article
      Lock icon Hampsten wins stage
      126 13 AFP TOP AMERICAN bicyclist Andy Hampsten won the 14tt) stage of the Coors Classic, a 16km individual time trial at Vail in Colorado, but his compatriot and 7-Eleven team-mate Jeff Pierce retained the overall lead Hampsten covered the distance in 26 min 33 sec. heading the American
      AFP  -  126 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      280 12 'J I T Baron's Table Sunday Brunch... you'll love it.' Give mum a break this Sunday and bring the family in for our taste-tempting Brunch. You can relish our enormous spread of wholesome fare at only 825.50 per adult and $15.00 per child (under 12) every Sunday from 11.00 am
      280 words
    • Advertisement
      Page 12 Advertisements Column 2
      188 12 Seconds are FREE and all bottle sales enjoy a 30% discount > les 1 stager, entertains with his rich, mellow songs during HAPPY HOUR from 5 pm 7 pm. After Happy Hour, two of the city's hottest bands. NEU FACES and CLASSIC, rave non stop throughout the night. And. the
      188 words
    • Advertisement
      Page 12 Advertisements Column 3
      143 12 PLEASINGLY HYATT Discover the world of sensational Singaporean dishes in a buffet. Taste Chinese, Malay. Indian and Nonya specialities in one meal. At Plum's, daily for lunch and Friday and Saturday for dinner. Price: S2o*. A fabulous one-stop gourmet's dream! 5^ 'O m Hyatt RegcncyoSingapore 10-12ScomHood. Smgaooi*o922 1» 7J311M Ittm
      143 words
    • Advertisement
      Page 12 Advertisements Column 4
      263 12 You'll love our one for one-and a-half-bottle promotion at Club 5, during Happy Hours, from spm-Bpm, Mondays to Fridays.* Simply order a quart bottle (that's the normal sized bottles) and get a pint bottle absolutely free! Sit back, enjoy the smooth sounds of the Memories and savour the happiest thred
      263 words
    • Advertisement
      Page 12 Advertisements Column 5
      140 12 gag; •v Oil TO: Theßelvedeie The Belvedere s Italian buffet luncheon. An incredible selection of 60 authentic favourites, from now till September 4. 12.00 to 2.30 pm daily. Adult: $31/ Child $15 All pnces subject to 10% service charge and.?% govt. tax. The management reserves the right S to change
      140 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      429 13 ;".:|+)`~:-/&,^_`+{=(:;*_$>|}": tsat U m m j There's a cafe on a lush, green hi 11... where you can take a break. Meet Mends. Relax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Cuny. RahmschnMzei. Hainanese Chicken Rice. And much more. At Cafe in
      429 words
Page thumbnail Page 14
  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Late bargain-hunting fails to lift share prices up
      4150 14 IN SPITE OF late bargainhunting, ahare pricee cioeed generally lower yeeterday with several taauee poetrng double-digit loeeea. Dealera aaid bargainhunting helped many etocka recover from their early sharp falla. but a temporary atrain on liquidity due to the public ahare offer by
      4,150 words
    • Article
      Chief price changes
      210 14 SINGAPORE 1 fit iiii 223 43 40 23 15 19 10 IT CI Wp 14i I rot/os r cao IT 10-4a? MA r o*v M* It 1277-44 -212 -9703 -5470 ******7 143X99 Mf 20 1274jM -so* -5727 -590* *****9* 1429J* 3030l3* M Mtatal *o» UOI UOi Mi
      210 words
    • Article
      Business done on the SES
      4270 14 BID and otter prices officially listed and business In and reportod to the Stock Exchange of Singapore yoetordey with the number of shares traded shown in brackets In lota of 1,000 units unless otherwise specified. All Tl||kA CaMlaimaiil n nti a i ita 1 inif
      4,270 words
  • Page 14 Advertisements
Page thumbnail Page 15
  • COMPANY NEWS
    • Article
      Lock icon Bid aimed at boosting Berjaya's earnings
      792 15 Bernama ES BERJAYA CORPORATION Bhd's proposed general offer to acquire the entire stake in Sports Toto Malaysia Bhd is targeted to widen its earnings base, investment analysts said. They added that Sports Toto, being a money spinner and whose earnings are recession proof, will
      Bernama ES  -  792 words
    • Article
      Lock icon MBf Finance expects another difficult year
      365 15 Bernama ES FINANCIAL INSTITUTIONS In Malaysia will continue to experience a difficult period this year although signs of an economic recovery have emerged, said Datuk Loy Hean Heong, managing director of MBf Finance Bhd. He said their profitability would be affected by the move
      Bernama ES  -  365 words
    • Article
      Lock icon Berjaya paying M$15m for controlling stake in Tioman Island Resort
      391 15 MBT BERJAYA Corporation has agreed to acquire 51 per cent of Tioman Island Resort's equity from B B Enterprise for M 515.3 million cash. This works out to M 52.40 per share based on a stake of 6.'37 million shares
      MBT  -  391 words
    • Article, Illustration
      C & C continues search for new investments
      582 15  - C C continues search for new investments By NAJEEB JARHOM CYCLE CARRIAGE, undaunted by its failure to take over Cold Storage Holdings, is to continue its search for investment opportunities in line with the confidence placed on the motor-based group by those who put together a $600 million financial package.
      582 words
    • Article
      Two major OUE projects coming onstream
      503 15  -  By USA LEE OVERSEAS UNION Enterprise (OUE), the hotel and property arm of the OUB group, will tee two large overseas hotel projects costing some SS3SO million come onstresm within the next two years. They ere a 484-room resort hotel in Penang costing MslB9
      503 words
    • Article, Illustration
      Lock icon Hongkong Bank to post HK$l.3b profit
      732 15 Reuter THE HONGKONG Shanghai Banking Corp is likely to report a 12 to 14 per cent rise in its interim profits to between HK$l.34 billion and HK$l.36 billion next TOesday, according to stock analysts. They expected the bank to announce an interim dividend of
      Reuter  -  732 words
    • Article
      Unit trusts
      275 15 Managers' prices for Aug 21 Singapore Unit Trust Tit* Commerce 126 133 THe Savings Fund 109 1 16 S'por* frog Fund 053 056 Spore Sec Fund 08S 091* S'por* Invest Fund on 099 S'por* Equity Fund 063 068 Asia Unit Trust Mol Invest Fund 163 1 70 Mat
      275 words
    • Article
      COMPANY BRIEFS
      150 15 Antah's rights iitut oversubscribed ANTAH HOLDINGS Bhd's rights issue of 50m new ordinary shares of 50 cents each at MS1.10 a share was oversubscribed by 3.232m shares. D A C Nomura Merchant Bankers Bhd, on behalf of Antah, said in a statement yesterday 40.865m shares were accepted for
      150 words
  • Page 15 Advertisements
Page thumbnail Page 16
  • REGIONAL MARKETS
    • Article
      Lock icon PAL attracts investors
      266 16 AFP FOREIGN and local investors have offered to buy into the Philippine Airlines's equity, but it has no plans to privatise until its financial position stabilised. PAL vice-president Enrique Santos said that if ever the state-owned monopoly decided to turn over the airline to the private sector,
      AFP  -  266 words
    • Article
      Lock icon Dai-Ichi to raise US$827m
      173 16 AFP DAI-ICHI Kangyo Bank Ltd, the world's biggest bank in terms of assets, said it would raise 120 billion yen (US$B27 million) through a share issue aimed at improving its primary capital ratio. The Japanese bank said it would issue 400 million common shares on September
      AFP  -  173 words
    • Article
      Lock icon HICB share price higher than offer
      188 16 Reuter THE BOARD of directors of the Hongkong Industrial and Commercial Bank (HICB) and the bank's financial adviser, Jardine Fleming (Securities), have cautioned shareholders on the bank's rising share price. The bank noted in a statement that its ordinary shares ended at HK$l.9O on
      Reuter  -  188 words
    • Article
      Lock icon Stocks continue downtrend
      596 16 Hongkong DBS Securities Reuter THE HONGKONG market opened weak yesterday, losing 30 points in esrly trsding before staging a slow rally to end the morning session st 3,433 points. Trsding was equally weak during the afternoon session. The Hsng Seng Index recorded snother low for the week
      DBS Securities; Reuter  -  596 words
    • Article
      Lock icon HK's First Pacific unit to offer ADRs
      59 16 Reuter FIRST PACIFIC Special Assets Ltd of Hongkong will offer its shares in the US in the form of American Depositary Receipts. These receipts will be issued on August 20. One ADR will be given for each bundie of SO shares, and they
      Reuter  -  59 words
    • Article
      Seoul
      89 16 AM OWN DMM WON Sugar MOM i" ***** imeh -an wrm OataMn SmajrLm..... SHOO -w -mo to# id m All SutiModL a ku aiMi n Bur. 1 J" •110 ♦800 -100 uncti •JM f KM* N. unch 000 -180 -00 000 K*. ***** KmhmM. tOH 400 3300 -2700 IrblWufl"
      89 words
    • Article
      Profit-taking depresses KL prices
      3820 16 ALTHOUGH overall sentiment remained weak on the Kuala Lumpur stock market yesterday, prices of selective stocks were able to regain some ground to close in positive territory. Bargain-hunters were picking up cheap stocks, analysts said, while some short-sellers were covering their tracks. However, selling was still
      3,820 words
    • Article
      Lock icon Tokyo
      378 16 Reuter PRICES GAINED in active trad* on the Tokyo market yesterday, after declining in the previous four eeestons, due to a recovery in local bond prices and tentative expectations some Japaneee intereet rates may fall. The 225-ehare Nikkei Average Index roee 164.98 points to 25,386.57, just off the day's
      Reuter  -  378 words
    • Article
      Lock icon Sydney
      375 16 Reuter THE AUSTRALIAN ehare market cloeed sharply K>Wtf Ifl W»wl uiO€ yattarday, wtth an abeonoe of poaitiva ovaraaaa nawa undarmining buyar confidence. Ona brokar ssid a combination of factor* had lad to declines acrooa a broad front. "Tha Dow Jonas was pratty quist and it la a Mt too
      Reuter  -  375 words
    • Article
      Lock icon Bangkok
      80 16 Reuter THE SECURITIES Exchange of Thailand Index roee 4.06 to 333.60. Turnover totalled 5.321.760 eharee worth 577.06 million beht. Reuter Ft ly Cm M< 10 M CfwiwHc 421 14 —,i Mm Union.— M> «MN CMMHL 1308 StamCNy C4IMM..... 1ZK 1 1 •44 *n 717 uncil 42 +1 42. SO
      Reuter  -  80 words
    • Article
      Taipei
      126 16 AIM 99 WT1 A» Stocf Indus 4.02 -0.14 Asia CtlMM 51.00 0.6 Cmhrnt Cons Chang Hwa Bank Chang Loong CMs Hsin Corwont Own Hatn Flour CMna Cham CMna Dav MOO 207.00 43 50 42J0 wn 29.00 4170 1 0 *0.2 uneh 0 5 +0.1 ■0.7 CMna Elact Wlra China
      126 words
    • Article
      Manila
      38 16 MM a PCM +h rirrta UIMM Aigk)i«yi Apan MirMng B ***** unci* AMas Con. i 36 -2 5 Qflffl llfll Mum 0 024 #*>• b m 13 0 *3 170 uneh uneh 0.J 0 0 Mnch S a
      38 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      720 16 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF INDUSTRIALITE PRIVATE LIMITED At an Extraordinary General Meeting: of the Company duly convened and held at 10 Jalan Besar #13-05 Sim Lim Tower, Singapore 0620 on the 18th day of August 1967 the following Special
      720 words
    • Advertisement
      Page 16 Advertisements Column 2
      698 16 NOTICE TO CREDITORS OF FIRST MEETING f IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE y Companies Winding Up ie No. 136 of 1987 id In the Matter of the it Companies Act (Chapter 50) y And t- In the Matter of LAI SENG 13 READY-MIX PTE LTD (IN
      698 words
Page thumbnail Page 17
  • WORLD MARKETS
    • Article
      Lock icon Dow makes late recovery
      933 17 New York Reutor INVESTORS SNATCHED UP stocks in the final minutes of the session on Wedneeday, and Wall Street recovered from a 20-point intra-day deficit to doee higher in active trading. Continijed wsaknws in the dollar end bond markets, however, left the market cautious. t The
      Reutor  -  933 words
    • Article
      Lock icon Stocks still nervous of data
      908 17 Reuter SHARES ON THE London market i opened firmer with —ntimont helped by higher doeee on Wall Street and in Tokyo ypolorday and the footing that after losing nearly 100 points this week. tho market was duo for an up- ward correction. After the initial
      Reuter  -  908 words
    • Article
      Untitled
      1056 17 Selected indices HONGKONG AN Industrials Hongkong Index Tlwndoy Z233.M Wvdnwrioy 2.25* 54 Thwrwfc* 3017 8 WwtMdoy 3.0B9J WMk 090 2.9*7 4 WMk ago 2.308 46 NEW YOKK Hong Seng Index Dow Jones Thundoy 3.***** Wadnatdoy 3.490*4 Wedwdey *****2 WMk ogo 3.***** Tuwdoy *****4 WMk 090 2449 32 TOKYO Standard Poors
      1,056 words
    • Article
      Lock icon UBS won't buy H & S
      71 17 UBS won't buy H S AFP THE Swiss Bank Union, ths biggest Swiss bsnk, has abandoned its pi an to buy ths British msrchant bsnk. Hill and Samusi, altar mors thsn two months of negotiations. If it had succssdsd in gstting hold of Hill snd Samuel's plus Phillips snd Drsw's
      AFP  -  71 words
    • Article, Illustration
      Lock icon Citicorp's offer puts pressure on stocks
      436 17 Reuter CITICORP'* move to issue about US$l billion Of common stock is depressing US bank share prices, as investors await stock offerings by other banks, say analysts. Money centres were particularly hard hit. Citicorp led. falling as much as US$3 on Wednesday morning. Its
      Reuter  -  436 words
    • Article
      Lock icon US broker Charles Schwab to go public again
      342 17 NYT FOR THE SECONO time in this decade Charles Schwab A Co it trying to go public. America's largest discount broker hsaded down thie route in 1960. But plene tor an initial public offering were •helved and Schwab was ultimstsly sold to
      NYT  -  342 words
    • Article
      Lock icon Bidding for Fairchild's unit
      177 17 AP SCHLUMBERQER LTD ie conaiderfng aeveral buyout offera for its Fairchild Semiconductor Corp subsidiary, including one financed by an arm of Citicorp and one for a pert of the compeny from National Semiconductor Corp, according to a San Jo— Mercury Mews report publiehed on Wedneeday. Fairchild's
      AP  -  177 words
    • Article
      Lock icon Profit rise likely for General Foods
      337 17 Reuter GENERAL FOODS Corps restructuring is expected to raise the company's profits and unit volume growth to the level of the reet of the food industry, say analysts. "I think they're taking a step here to eliminate a tremendous layer of management at General
      Reuter  -  337 words
    • Article
      Lock icon US company to do China steel study
      164 17 UPI CHINA has asked s Californian engineering firm to study the feasibility of a proposed US$l.5 billion project aimed at making steel at an iron-making plant near the city of Nanjing in Jiangehu province. Kaiser Engineers of Oakland, California, said on Tuesday that
      UPI  -  164 words
    • Article
      Lock icon Asea — possible insider trading?
      243 17 Asea possible insider trading? Reuter NORWAY'S stock sxchange said it wss investigating possible insider trading in connection with a business plan by Swedish engineering giant Asea AB to take over electronic components manufacturer Elektrisk Bureau A/S (EB). Asea, which is combining with Switzerland's BBC Brown Boveri und Cie to make
      Reuter  -  243 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      418 17 Or MALAYA »/a TmA Transport A (wr| SmiwUi M >pwt| g ■r 3 5*3 IMM rr.Tni 1W NWMT'I <MM ta c/« fate Nh 70J-707. 7* Rm>. >•- har W, Ma OnM SOlOO MT)m NMmm'i S*lM*n a Man, One la CM A Cm.. A*w-tlhUHw-W 707. M PW. M*< la*. Mat Qraja,
      418 words
    • Advertisement
      Page 17 Advertisements Column 2
      416 17 IN THK MATTER OP THK COMPANIES ACT, CAP. M CONCORDE JEWELLERY INDUSTRIES PTE. LTD. (la Voluntary LiaaidaHosQ At an Extraordinary General Meeting of the members of CONCORDE JEWELLERY INDUSTRIES PTE. LTD duly convened and bald at S Ever ton Road, Singapore 0206 on the 17th day of August 1987, the
      416 words
Page thumbnail Page 18
  • Article
    'Aim of investigation was to bring Teh to court'
    819 18  -  Investigation began with anonymous affidavit in 1984 By ANNA TEO THE INVESTIGATION into alleged graft by Teh Cheang Wan was aimed at bringing the late National Development Minister to court, the Commission of Inquiry was told yesterday. Mr Tan Ah Leak,
    819 words
  • Article, Illustration
    Liaw tells how he served as middleman in Teh affair
    559 18  -  By LOH HUI YIN CONTRACTOR Liaw Teck Kee, key witness in the Teh Cheang Wan affair, yesterday told the Commission of Inquiry how he acted as middleman in the passing of bribes to the late Minister for Home Affairs. On
    559 words
  • Article
    Question mark remains over Chiam's attendance at Inquiry
    334 18 THE COMMISSION of Inquiry moves into its second and third terms of reference today, with a question mark hanging over Mr Chiam See Tongs attendance. Mr Chiam, who asked for the Inquiry's establishment in March, has been absent since hearing began on
    334 words
  • Article
    Proposal to limit MPs' speaking time in Parliament to 30 minutes
    350 18 NEW RULES proposed tof Parliament will halve the time for MPs to speak on a matter to no mors than 30 minutes. The Standing Orders Committse. in a report to Parliament, said 30 minutes was considered adequats for an
    350 words
  • Article
    Lock icon S-E Asia competes for Taiwanese investment
    373 18 Reuter SOUTH-EAST ASIAN countries are competing for a slice of Taiwan's huge foreign exchange reserves. Missions from the Philippines and Indonesia have visited Taiwan and two from Malaysia and Thailand are there to woo Taiwanese investors. "South-east Asian countries are cashing in on a
    Reuter  -  373 words
  • Article
    Lock icon Comex gold
    80 18 Reuter COMEX GOLD futures eased early yesterday under dollar-related local selling, bank dealers said. Gold for December delivery was off US$2.4O at U*****.90 an ounce in a U*****.00 to U*****.70 range. Along with a slightly higher American currency, talk that South African goM minors would soon snd thair
    Reuter  -  80 words
  • Article
    Lock icon Dow Jones higher In early trading
    67 18 Reuter WALL STREET stocks advanced in early trading yesterday with blue chips leading. The dollar opanad higher In New York and was higher overnight against major currencies except the yen. 118 traaaurias oponod highai on a firm dollar. Tha Dow Jonaa Industrial Indax roaa
    Reuter  -  67 words
  • Article
    Lock icon Avoid controversial statements, urges Ghafar
    111 18 Bernama MALAYSIA'S Deputy Prime Minister Ghafar Babe yesterday urged leaders of all National Front (NF) parties to adhere to the directive of Prime Minister Datuk Seri Or Mahathir Mohamad not to make open ststements which could give rise to controversies. The lesders, including those in
    Bernama  -  111 words
  • Article
    Lock icon 'US bills could lower Asean's buying power'
    327 18 Bernama US PROTECTIONIST bills could restrict the free flow of trade which would lead to a reduction of Asean countries' purchasing power of US goods and services. This was the main message conveyed to American businessmen in the US West Coaat recently. The
    Bernama  -  327 words
  • Article
    US panel against detention
    162 18 THE CHAIRMAN of the US Houm Foreign Affair» Committee and 54 other Congressmen have written to the Singapore government to protect against the detention without trial of 15 people accused of being Communist subversive*, says AP. "We must strongly protect your government's decision to refuee to
    162 words
  • LATE FILE
    • Article
      Lock icon Nato-Japan summit?
      34 18 Reuter PR6BIO6NT REAGAN ie considering whether to call a »ummt of WMltrn and Jepeneee liadir» to discuss the Geneve arms negotiations, Eest-Wset relatione and Via Guff war, German governmant sources said yootordoy.
      Reuter  -  34 words
    • Article
      Lock icon Siddhi meets Chinese premier
      24 18 AP THAI Foreign Minister Siddhi Sevetsils concluded Ms Mhi wHh CMnese leedsrs ysstoidaji wMh a msstlng w*h Prsmisi Zhao Ziyang.
      AP  -  24 words
    • Article
      Lock icon Amnesty announced
      40 18 Reuter VCTNAM has announood en amnesty or reduction of ssntsncsa, lor prisoners and inmatea of political re-education campe, the same day Communist Party newspeper Nhan Dsn carried an editorial reaffirming the ieedership s piens to broedsn democracy'. Reutor
      Reuter  -  40 words
    • Article
      Lock icon Contempt, says Datuk Harris
      58 18 Bernama FORMER Chief Minister Dafluk Harris Saitoh it Making an ordor of committal against Dmity Bxprmt in-chiaf Joaaph Martin Farnandaz and Sabah Pubtiahing Houss Sdn Bhd managing diractor Clamant Yah Chang lor sMsgsd contempt of court Datuk Harris claimad an articJa in tha nawspapar yastsrdsy had
      Bernama  -  58 words
    • Article
      Lock icon Miners refuse to bow to ultimatum
      48 18 UPI SOME 2,000 striking Mack mMars in Johannaaburg yaa•srday bagan iaavlng a goM mina shut down whan thay ratosad to go bock to work, and 22,000 otiars vowad to shut down anoOw mina aßsr a masting with managars in Vta aftamoon. UPt
      UPI  -  48 words
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      118 18 Space to turn the wheels of industry Whether you're gearing up to lease, buy or sell industrial space, KFCB is in an ideal position to help you. Over 40 years experience in property gives us an unique advantage in helping you secure a better deal. Which is why, some of
      118 words
    • Advertisement
      Page 18 Advertisements Column 2
      85 18 m s Your family's happiness in Singapore will be determined by the environment in which they live. That's why you owe it to yourself to check out Ardmore Park. School buses call at the gate... there is aerobics, squash, tennis, swimming, chip and putt and special interest dasses for aH.
      85 words
Page thumbnail Page 19
  • SHIPPING TIMES
    • Article
      Tiphook buys Mitsubishi boxes on board three US Lines ships
      477 19  -  By JUNE LIM TIPHOOK has purchased the entire stock of containers which Mitsubishi group had on board the three United States Lines ships laid-up in Singapore since December. Container leasing sources say 1,167 40-ft containers, each costing under US$l,7OO, are
      477 words
    • Article
      Lock icon 50-Mile Rule violates US shipping act, says FMC
      257 19 Seatrade Week THE US Federal Maritime Commission has boldly declared the controversial "50-Mile Rule" discriminatory and in violation of the 1916 Shipping Act. The announcement was greeted with cheers by shippers, but many industry people are not optimistic that the FMC will
      Seatrade Week  -  257 words
    • Article
      Plans to help Tokyo shipping industry
      205 19 NEW PLANS to assist the Japanese shipping industry in the financial year starting next April have been drawn up by the country's Ministry of Transport. They aim to encourage shipping companies to diversify and to move towards the use of more modern vessels with
      205 words
    • PORT SIDES
      • Article
        Lock icon Negligent official got cheated
        83 19 Reuter A NEGLIGENT Chinese official has been disciplined for losing 7.3 million yuan of state funds in ship-buy-ing deals, the People s Daily said yesterday. Shang bin, head of the Liaoning province hydro-electric power office in the north-east, set up a ship-break-ing business but was cheated
        Reuter  -  83 words
    • Article
      Crisis forces maritime lawyers to change roles
      1609 20 The shipping crisis of the past three years has forced maritime lawyers, who have generally kept a fairly low profile, to emerge from the back-room. Lloyd's Maritime Asia speaks to expanding Hongkong practice Holman Fenwick and Willan about the changing role of maritime
      1,609 words
    • Article
      INDEX TO ADVERTISERS
      805 20 AB Shpg V 5 ABC Container VtH 1 Accord Shpg VI 3 Ahrenkiel liner XI 1 Africa Oceon XH 7 ANtrons VH 3 AC Toepler IX 5 American Tpt XH 4/5 Anro Service IV 2/3 Arrow lines IV 3 Asian Ocean VI 3 Artos line X 4
      805 words
    • Article
      LONDON FREIGHTS
      1277 20 MOOERATELY activ* chartaring was reported on Wednesday to covar grain requirements out of the US. But no fresh fixing is so far evident on the significant Gulf to Continent and Japan routes, ship brokers said. Shippers paid US$l5 for heavy grain from the Gulf to Norway and the
      1,277 words
    • Article
      CONSORTIA
      174 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia Straits Container
      174 words
    • Article
      Lock icon British barge to be leased as floating prison
      204 21 Reuter A BARGE used to house British military personnel in the Falkland Islands in the wake of the 1962 war with Argentina is to go to New York as a floating prison. The Liverpool-based Bibby Line said it was to supply the
      Reuter  -  204 words
    • Article
      Lock icon Five boxship lines reach accord on strategic route
      478 21 Lloyd's List FIVE leading containership operators have entered into a cross-charter agreement on the strategic trade route between the US and Australia and New Zealand. The controversial accord, which could involve a maximum of 40 vessels, will afford improved operational efficiency through
      Lloyd's List  -  478 words
    • Article
      First Fleet faces more problems
      406 21  -  Kingsley Wood AUSTRALIA'S troubled re-en-actment First Fleet, marooned for two weeks in Rio de Janeiro while frantic efforts were made to raise the A 5900.000 due for charter hire on arrival in Cape Town, has had its wallet restocked. But its problems are far from
      406 words
    • Article
      SHIPPING EVENTS
      750 21 Sep 1-10 13th annual maritime law short course, Faculty of Law, The University, Southampton, Hants. Sep 2-3 Which Register? Which Flag? Lloyd s of London Press conference, The Gloucester Hotel. London. Sep 0-18 Anatomy of Shipping. Cambridge Academy of Transport course. Selwyn College, Cambridge (Details: CAT, 11 Hinton
      750 words
    • Article
      Lock icon Lloyd's looking for missing box filled with gold
      237 21 AP LLOYD'S of London is searching for a cardboard box loaded with more than US$lOO,OOO in gold that disappeared while being shipped to South Dakota in the US "Federal Express picked up the package and signed for it, but it never got
      AP  -  237 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8403 26 §®aBS)gEB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      8,403 words
    • Article
      SHIP IN PORT
      490 27 AT CONVENTIONAL WHARVES KEPPEL WHARVES Bert n Arrival Departu AHatoni Ar*s K2I atongiade *****700 K34 olongsade *****700 Equotor V K22 olongudo *****700 ft Of>P»' KI5 olongsade 3208/1300 Gingo Mo'g K36 olongsade 2108/2300 K27 olongsade 22 *****0 Koheng K30 olongsade 2208/2)00 Kola Magoh K3I olongsade 2408/1500 N«d Bangkok
      490 words
    • Article
      CONTAINER SCHEDULES
      635 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Arrival Odos FCL Ship LCL cargo Voy date/time Operator achadula Locatk Ml 0*»> Ma S All P rod** t Kwm| Ptyo Btnim O CW N Garnot Sd Honshu Soo Dragon N Crystal Shong Owng 22W J4H II8N KDN S6W IOW
      635 words
    • Article
      Who acts for whom ...
      1977 28 Who acts for whom A—B AB Shipping Bousteed Shpg Agenciee. ABC Conteinertine NV S'pore Shpg (8). Accord Shpg Accord Shpg (S). Africa Ocean Linos Seal ion Shpg (S). Ahrenkiel Liner Kim Shpg (S). A (trad C Toepfer Ocaanus Shipping Agancioa (S) Muttiport Sdn Bhd (PK). Aiitrana Alltrene Express American President
      1,977 words
    • Article
      Lock icon US to send more minesweepers
      406 30 NYT Reuter THE REAGAN administration, preparing to enlarge the US naval presence in the Persian Gulf, has ordered the navy to activate at least eight reserve minesweepers and send them to that region. The ships, which are small vessels built in the mid-*****, after the
      NYT; Reuter  -  406 words
    • Article
      Lock icon Keener competition between Tokyo, Seoul
      166 30 Seatrade Week COMPETITION between Japanese and South Korean shipbuilders has intensified over recent weeks as the Japanese have sought to take advantage of higher Korean prices to close the previous gap and, in some cases, regain the pricing initiative. According to Korean sources, a recent
      Seatrade Week  -  166 words
    • Article
      Senator Line to shorten round-the-world voyage
      147 30 SENATOR LINE, the latest company to otter a round-the-world service, will shorten its round voyage from 84 to 77 days next month. This is made possible by dropping Leghorn, Italy, as a direct port call, substituting Bremerhaven for Bremen and sailing its vessels at
      147 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      708 19 How S.K. Asia upset the logical West HILARIOUS. TRAGIC DANGEROUS Available at all Good Bookshops STP Distributors 2 Jurong Road SmQtpo226l m T*nn n Oo« OOCL jIrDINE SHIPPING mnaaarn. No. K»4/OOK) Cwtownort And #12-05 Sotffow* Smpport 0201 Mill/ tbi *****11 telex nous aim TEMIINAL/CFS Td *****18 220 BOOKINBS TM *****34
      708 words
    • Advertisement
      Page 19 Advertisements Column 2
      113 19 mm SHIPPING LAWYERS, like bankers, have kept a fairly low profile in general. But the shipping crisis of the past three years has forced them to change their roles. Psg« II FIVE leading containership operators have entered into a cross-charter agreement on the strategic trade route between the US and
      113 words
    • Advertisement
      Page 19 Advertisements Column 3
      920 19 A WOMAN 0T POWER. SHE SURCTANCF NEEDED LOVE. SHE WANTED REVENGE. V* Km ma Harte is 1 I M a woman of SUBSTANCE *Hut what is ihr price jL she has paid? 1 J| Available at all good bookshops MAERSK LINE THE FAR EAST AND THE MEDITERRANEAN HAVE BEEN BROUGHT
      920 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      304 20 "VPS majfted c EUROPE/FAR EAST CONVENTIONAL SERVICE TEL: 03-*****50 MALAYSIA SON. BHD. TLX: ***** MTM Frt. Booking contact Miss Gan Singapore Office: MTM S'pore. Tel: *****00 Tlx: RS ***** MTMSEA. Fax: *****45. YAMASHITA-SHINNIHON LINE TRANSPACIFIC SERVICES STRAITS FEEDER Pacific South Wast Faadar at Kao Pacific North Wast Faadar at Kao
      304 words
    • Advertisement
      Page 20 Advertisements Column 2
      17 20 Lines and service* represented by Wemb-ers of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
    • Advertisement
      Page 20 Advertisements Column 3
      291 20 C SAV C .1 Si.dA' DIRECT SERVICE TO/FROM CHILE FEEDER VESSEL I SPORE |«OTHER VESSEL NK ARtCA MN A«TOF VALP SAI OSAKA BAY 7/1 VELAY l«fl «1 «1 1))U *11 11/11 BREMEN EXPRESS 12/1 CAR CARRIER W» »U LARCS BAY I*l TBR I*ll I*ll 17/11 I*ll a/U CARGO FOR PUMTA
      291 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      1066 21 The Straits Steamship Group J Mansfield Container Shipping PteLtd D6/|rt| P&O r«VA>L Containers Limited STRAITS SHPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok foir.'iH. flKi ;n aital > #.11; n. w :n*i *;n w f»7a pecasus progress v<mn *casus progress v«sn an n» ufi un v un 17)1 an
      1,066 words
    • Advertisement
      Page 21 Advertisements Column 2
      468 21 EUROPE/MED K m aj7 EE 711 II.M EE 711 a n 1- i. 11l I .1 HIT USA PANAMA ra I ■II 1110 11.11 •111 Mil 14.11 17.11 1 LiiU !M TO USA/CANADA WEEKLY FULL CONTAINER SERVICE FEEDER NUPTSE VII 4 P. MADISON VIS MAKALU VIIS P. PIERCE V 132
      468 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      195 22 CONTAINERSHIP SERVICE TO UK CONTINENT ALL UK INLAND DESTINATIONS. BELFAST, DUBLIN COPENHAGEN. AARHUS, GOTHENBURG, MALMO. HELSINKI, OSLO. AMSTERDAM CARIBBEAN 1 AMERICA CONV_SEM> CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE SP PK PEN TRIES LEX BILBAO HBG B HAVEN AMS holsatia \/t to* 12/10 I*lo too CONTAINERSHIP
      195 words
    • Advertisement
      Page 22 Advertisements Column 2
      838 22 FULLY CONTAINERISED SERVICE [TO EUROPE VIA SUtZ M>p bff ol thf tf Consortium I S port I LaHairrc R'dam filtM H'kur| B'tovan KOREAN JACEJIN 4BN 29/1 CHINA CONTAINER 41N 3/9 NEPTUNE CRYSTAL 41* lOfl HONGKONG CONTAINER UN 17/) TRANSWORLD BRIDGE 39W 24/9 14/9 w 17n 19/9 20/9 20/9 2219 M
      838 words
    • Advertisement
      Page 22 Advertisements Column 3
      404 22 Arrow Line^^ S'PORE/COLOMBO/S. AFRICA >0.1 'I ;!il T H TTT'lTrf 1 a f iTT S'PORE/BENGAL/E. AFRICA irrfvi PORTS ARROW QUEEN/2 In Pt Aceoptinf Durban ARROW DUKE/2 3/9 8/9 12/J 24-4/10 1 AFR 'CAN PORTS CALL: MAHE/OOOOOBASA/tURFS-SAI A All •win KHiibU bnrAßLt Ut MAHDL NC CONTAINERS CONVENTIONAL, HEAVY LIFT ANO BULK
      404 words
    • Advertisement
      Page 22 Advertisements Column 4
      1101 22 ii air i iHifiiHifcißiaiiiMMl EVERGREEN Round-The-World East Bound (FE/CARIB USEC/EURO/FE) SGP HKC KSC KLC PUS OS* TYO KM CMS NYC ML NK FIX MM ANN LHV SCf ever guide/ever growth ?4* ?m a* i/i vn ua vm iw vm va 12m an* an* urn nm nna an* vm EVER CI
      1,101 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      706 23 PACIFIC INTERNATIONAL LINES *W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAFAHIT QOWA KOTA S4NGA KOB BUS 1M 1M 1/1* 3/10 •HUB MURORAN (HOKKAIDO) *MTC HITACHI INDONESIA CONTAINER SERVICE VESSEL SEA HAWK RATANA BHUM SEA DRAGON SEA DRAGON VOY SIN MY SMC
      706 words
    • Advertisement
      Page 23 Advertisements Column 2
      248 23 NORBUL "3 NORBULK CARGO SERVICES LTD. REGULAR CONVOJTIONAL TIMBER AND PLYWOOD SERVICE TO UK/CONTINENT PORTS TO INDIA/PAK/RED SEA PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL 22X366 W MALAYSIA SP YEO SHIPPING 4 TRADING KL 7«3»M* P* *****01 PfNANG TANJUNG MARINE SDN BHD TEL SABAH TRANSPAC K K »«7?12« CHINA
      248 words
    • Advertisement
      Page 23 Advertisements Column 3
      812 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT T«H«i by T«tx Eiprtu OuU by Kitam Maru Larp by M 11/0 U/0 IJ/0 1«0 U/0 U/0 17/0 17/0 1M I*l 21/0 TJ/O 21/0 TVO on an an i/w I.M I'M VlO i,l« 7/W VlO VM M/M IftlO 12/ M w w
      812 words
    • Advertisement
      Page 23 Advertisements Column 4
      613 23 r DJASAGETRI A Joint Europe Service Of: P.T. WAKAITA LLOYO FX BESOM UOYI FT. SAMOOERA NMBtt F.T. TKHCOM UOYI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VESSEL/VOY L. J BONTANG/12WB OCEAN PRIMA/tWB PALEMBANG/7WB MATARAM/IWB GANDA CAMAI9WB ANTWERP BILBAO BREMEN A'DAM/R DAMH'BURG 27/9 1/11 6/10—10/10 14/ M Mflt 21/10 31 10
      613 words
    • Advertisement
      Page 23 Advertisements Column 5
      354 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SIT-TWAY V3IE HTONEYWA V22W PAGAN VU7W PA-AN Vlm Dncfcarfint only (Burmese National Line) Loading for Rangoon S'pof* P.Kelang Ptnang Bangkok z z v #a z z z BANK LINE W EXPRESS SEiU-CQWTAIMFB s NORTHBOUND TO UKC TAUSALA SAMOA V.ION (CALLING LEIXOES 11/9) TOANA PAPUA
      354 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      1042 24 fiTLfiriTlC COAST (Round-The-World Service) •PK/PNG SPORE LB CHI N GARNET VlO SID 21 Aug 12 Sap 22 0. FREEDOM Vl5 22 Aug 28 Aug 19 Sep 29 •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER VSL N. GARNET VlO SW 21 Aug MACKIWAC BRIDGE Vt 0. FREEDOM Vl5 22
      1,042 words
    • Advertisement
      Page 24 Advertisements Column 2
      634 24 goaasa* AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Feedor P KHanf Liw Vessel S port |Mdt Frem S»dn Aho Aoepa "SSSSSTJii 1 J >« 27 S«pl 25 Sept Adol/Brti KABIWOAS V-36 ?7 Sept U Oct 21 Oct 19 Oc' Adri/Brts INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Smppore P Ktiani
      634 words
    • Advertisement
      Page 24 Advertisements Column 3
      713 24 GOLDEN LINE WS 0\ GUAN GUAM SWUNG (PTE) LID 23. I*l *Tf Strfft —*i smurm iim iel smjmi <io lks) Far bow STRAITS/PERSIAN GULF SERVICE: Spore P KelanfPenanc GOLDEN BEAR Cotombo/Haraehi/Dgbai 24/2S Auf GOLDEN HARVEST Colombo Karachi Muscat, Dubai 11/12 Sept CHINA SERVICE A VESSEL Shanfhai/Hsnkanj 21/21 Auf CHINA OCEAN
      713 words
    • Advertisement
      Page 24 Advertisements Column 4
      483 24 PHILI OniCNT LINGS PT€ LTD KA3 Cff C? 63 PCS ">SCN PGAD -2T 1? e'flo AS A BL! LOiNG S'NCAfOPf ClO5 Tf lf RS ?6 T ?3 PH'H FAX *****76 EAST/FAR EAST FCL m DONA, MUSCAT, BAHRAIN. AW DHAM 4 SHARJAH JEOOAH. NOOEOAH AQABA COLOMM. KARACHI. BOMBAY ZEIaIZ SERVICE 2M
      483 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      978 25 NEPTUNE ORIENT LINES FM EAST/EUROPE FULLY COOT* TO EUROPE/UK (VIA SUEZ): O CHIEF iSH S«M K JACLI IN m (27/8) C CONTAINER 418 i/j) LC BRIDGE ML M) N CRYSTAL 418 S3) HK CONTAINER Sl» (15fl) AT cvp will ke transhipped via RO L——— Alio act*ptinf cargo to/from Scandinavia 0
      978 words
    • Advertisement
      Page 25 Advertisements Column 2
      397 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON 1 S PORE i GENTS NEPTUNE AGENCIES PTE LTD T•> 2 90U2.*****4 *****0 *****22 (Operj? o nn *****1' 22W2J4 (T»"nji) 2702 45C *****04 (CFS) MALAYSIA A CENTS TUNAS SETA SON BHD KL-Tet r«ft%2 4C«7 PI- T»
      397 words
    • Advertisement
      Page 25 Advertisements Column 3
      716 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Officr 7HKMI/J Cable. Address SINSOV SINGAPORE Tele. Numbers RS ***** RS »C 1 rThW r. KILANC rfMIMf M/S HANDLING SYSTEM CO SON WD wsxSiiui nenaac a..*—*tS: M/TSSB HS"KTG KMAJWUR** T-: ea^^l
      716 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      271 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6368 (30 Lmesi FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD Vf-.B DEUTF HACHT SE tRFEDEBn INTEGRATED FULL CONTAINER SERVICE TO EUROPE SPORE «CBO T. N AC A |A*WERP *"1 nw« EUROPE USARARK) WE lsiTß! rTTTm n
      271 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      222 27 IB CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR 04-C*****/4, 6272)3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****08 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE rr I. BUT AM JU rrr I. BUTANC in I. BUTANC 373 OTHER DESTINATIONS: AARHUS. AMSTERDAM. ANTWERP. BASLE, BREMEN. BREMERHAVEN.
      222 words
    • Advertisement
      Page 27 Advertisements Column 2
      353 27 1 > I TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO; DAKAR, CONAKRY 27/8 29H8 ABIDJAN, LOME Ifi 4/9 CONTONOU, DOUALA LIBREVILLE, PORT GENTIL P. NOIRE, LUANDA DAILY ACCEPTING LCL/FCL TO:HUI Ml RHEUM JUBTMLU SE/MI PORT TO DOOR DELY: PT. KELANC TO KOTA KINABALU IN CONTR $V$ MAC-NELS AGENCIES PTE
      353 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      173 28 THE NATIONAL SHIPPING COMPANY Of SAUDI ARABIA REGULAR RO-RO SERVICE TO MIDDLE EAST JEODAH 14 SEP 1 OCT I Ot XT 15 OCT Accaptaif Brtakbutk, Roflto. Contains to Sharjah, Doha and Riyadh. REGULAR RO-RO SERVICE TO USA/CANADA a magna MZE. IETTH H.!l Ii7.1»!!lafl: I Alto AccaptingFCL Containers for Charleston, Miami.
      173 words
    • Advertisement
      Page 28 Advertisements Column 2
      560 28 m FINE LINFR SHIPPING PTF LTD 0 Wiy 'M fI.T Vtnni House Spore 0?0/ [ft .\'S9O (ft Imp Tl* RS ??M1 FLINFR FA* EUROPE SERVICE I ion BE It' l '.|T7T T' I. 'M im an an nn an P Ift > 1 [ft n FAR EAST SERVICE lEE23t2223E2!3CaaBEi2M[ 5
      560 words
    • Advertisement
      Page 28 Advertisements Column 3
      340 28 C.V. LINE (A Mtmbtr Ot Tho ACE Consortium) FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) S'pw* LaNan* Mm F«m* M'Wff Bran Amaarf KOREAN JAC£J IN V4BM V* 1» 1» Wl V D|) CHINA CONTAINER *41* Jfl 2M Ofl D/» 21/f l c bridge vsw irt an vn an mt NEPTUNE
      340 words
    • Advertisement
      Page 28 Advertisements Column 4
      539 28 COMPANIA PERUANA 4 S W DE vapores w A 2 "PERUVIAN STATE LINE" 5 4 Loadinf for CaMao. Mataram. Ito and all other Peruvian ports witti transhipment at Q| Kjj Kobe or Yokohama on CPV Through Bill of Ladmf to final destination K K Penang* P Kelang Singapore K MURRAYEVERETT
      539 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      299 29 Hamburg West Germany; Tiger Line VESSEL VOY SIN CALCUTTA MADRAS CHITTAGONG PRELUDE 23 21 AUG 27-21 AUG 31-31 AUG LOTTE SCHEEL 24 31 AUG M SEPT 12-13 SEPT PRELUDE 11 5-4 SEPT— 12-14 AUG LOTTE SCHEEL 25 W SEPT 25-21 SEPT 31 OCT Common Carrier Feeder Service For Main Lint
      299 words
    • Advertisement
      Page 29 Advertisements Column 2
      180 29 ♦WrVMM*. ram kcm uncs (Perfect China Ocean Shipping Lines) Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGOAO SHANGHAI ft OTHER POUTS Etd. S'PORE Etd. PKLG WEEKLY SAILINGS MB J. I A CONSOLIDATION SERVICE FROM: SI N6APORE/P.KELANG t'mmr** a iv >- -l u A r\ 0 —c' l y l
      180 words
    • Advertisement
      Page 29 Advertisements Column 3
      192 29 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE/JAKARTA General Agents Nrinto Uw 19 Keppel Road Jrt Poh Btdg Singapore 0206 Tel. *****33 Tlx. ***** a/b pt (5) HAN LI M SHIPPING CO.. LTD. REGULAR UNER SERVICE TO BOMBAY AND PERSIAN GULF VSL NAME Soners Linker V.03 Korean Sapphire S'pore LDG FOR
      192 words
    • Advertisement
      Page 29 Advertisements Column 4
      518 29 jEZ OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR LAST TO EUROPE MEDITERRANEAN WEST AFRICA VUFIEOU I STORE I HAMBURG I FELIXSTOWE ANTWERf LE HAVRE > carfi to «fl U.K. tattarttoM. fiillintii (Af*m, Cl|lilipiii. ft—Urm* IM pm* OUTBOUND TO MEDITERRANEAN OUTBOUND TO W AFRICA cm INBOUND
      518 words
    • Advertisement
      Page 29 Advertisements Column 5
      328 29 iiiiii mi*!/ LUCKY SfflWfiv SrPU p Tf IT| RED SEA/MEDITERRANEAN SERVICES SCP KUANTAN FOR •RUAHA BLT. I*o Sfl Sfl Shanghai, TONG JIANG IV) Shanghai. Huano» Will call Inienesia Ports subject to indue—i>nt Accepiinf oiner en'nese pons suojtci 10 iVMucomom. PHILIPPINES SERVICE TO/FROM VSL PNG PKLANG SGP MANILA DIAMOND STAR VJ«7
      328 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      444 30 FARGO SHIPPING COMPANY (PTE) LTD. regular express full container AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From USA/Canada/Europ*/Mediterranean Vsl ANTWERPEN C. VEROLME TNT EXPRESS E. HUDIG 11' J im Mim R7M ißipariißM ETA SINGAPORE SRI BHUM SEA PEARL 334N 22/8 15N 23/8 KITI BHUM 119N 24/8 BUNGA BUTANG 368
      444 words
    • Advertisement
      Page 30 Advertisements Column 2
      833 30 v\U/> IW FEI LONC MV MU* QtONG ■V HO* SHENC ■V KOHCNG ■V WAMCNG I :M > H *'I.IM i iT. iM'.li LoW mx Far HUANGPU HUANGPU SHANGHAI XINGANG MMGKONG. SHANTOU NUAMPU. GUANGZHOU Sinfapgrt/Honffconf C«|a i Agents: 8M CHIAO SHIPPING AGENCY PTE LTD Tel: 2246*81/2 Tlx ***** SOCfETE MAURICIENNE DE
      833 words
    • Advertisement
      Page 30 Advertisements Column 3
      643 30 0 Aniltim. AMERICAN TRANSPORT LINES, INC. TEXAS RAINBOW CANADIAN RAINBOW NEW YORK RAINBOW A VESSEL TEXAS RAINBOW TAMPICO 23/10 16/11 10/12 29/12 18/1 ACCEPTING CARGO TO ATLANTA, SAVANNAH. BALTIMORE, MAM. TAMPA. OTHER U.S. EAST COAST PORTS ON REQUEST ALSO ACCEPTING CARGO TO CENTRAL/SOUTH AMERICA CRISTOtAL, PUERTO CAKLLO. SANTOS. RIO GRANDE.
      643 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      168 30 Regional Weather I# 4 w iS IS 2S X* J h v •N'--X, ri LLi* °C yA a Wind direction with speed in knots Wove height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND R Thunderstorm Temperature c X\ n Shower Weather Wmd direction with speed in
      168 words