The Business Times, 10 May 1988

Microfilm: NL16193
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, MAY 10, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    267 1 AP Dow Jones lower THE US stock market was mixed in quiet trading early yesterday morning. The Dow Jones Average dropped 8.29 points to 1,999.17 at 1430 GMT in the first hour of trading. But gainers outnumbered losers by less than five to four. Volume came to
    AP  -  267 words
  • Article
    Suspension of trading in Tonhow shares sparks off takeover talk
    297 1  -  By MAGDALENE NG TALK OF A TAKEOVER bid was rife in the stock market yesterday when shares in Ses-daq-listed Tonhow Industries were suspended from trading in the afternoon. This was the first time that a company in the secondary equities
    297 words
  • Article, Illustration
    Hongkong closes higher, bucking regional trend
    206 1 MAJOR REGIONAL markets closed lower yesterday with Hongkong bucking the trend. After a firm opening, share prices on the Singapore stock market fell slightly as profittakers came in to pare the past three days' gains. Activity was concentrated on situational stocks The Straits Times
    206 words
  • Article
    Sterling surges in London market
    136 1 THE BRITISH POUND rose sharply in early trading in London yesterday, after a report published over the weekend by an investment bank predicted that the British economy would still be competitive with the pound at 3.27 German marks. The report by Goldman Sachs chief international
    136 words
  • Article, Illustration
    SIA eyes Raffles Hotel stake
    557 1  -  Airline holding discussions with major owners By LISA LEE THE OLD WORLD charm and character of the Raffles Hotel has caught the eye of Singapore Airlines (SIA). SIA is negotiating to take a stake in the world-renowned hotel in what industry sources describe as a
    557 words
  • Article
    Lock icon Chinese economy in overdrive
    156 1 AFP THE CHINESE economy is continuing to operate in overdrive, with excessive production growth rates in both light and heavy industry threatening its development, according to the People s Daily. Production in light industry was 18.3 per cent higher in April than in the same period
    AFP  -  156 words
  • Article
    Farmer locks horns with Teng Fong to remain on Bedok farmland
    490 1  -  By WILLIAM CHIA THERE LIVES a farmer in Bedok Ria, a multi-million dollar housing project in Bedok, who is taking on property magnate Ng Teng Fong. With his rights protected by the Control of Rent Act, farmer Yeo Poh
    490 words
  • Article
    Lock icon Japan GNP forecast to grow 4.1pc
    177 1 Reuter JAPAN'S gross national product is expected to grow a real 4.1 per cent in the current fiscal year to March 31. compared with the official target of 3.8 per cent, according to the Bank of Tokyo Ltd. The trade surplus should fall to
    Reuter  -  177 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      29 1 Nikon The World's Finest Photographic System 30% Hurry and visit us at: i-EN^y DESIGN CENTRE 5 Eunos Avenue 8A (Off Paya Lebar Expressway) Singapore 1440 MON-FRI 9AM-6PM SAT 9AM-IPM
      29 words
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      Page 1 Advertisements Column 2
      429 1 TOMORROW! BT's 11th and biggest ever annual financial supplement. A bumper 52-page issue with news and views from our financial desk and top people in the industry. Their goal to provide an all-encompassing"%ffTection of the state of banking today while sheddmg lipht on where Singapore as a financial centre is
      429 words
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      Page 1 Advertisements Column 3
      60 1 Nikon The World's Finest Photographic System Shipping Timet comes as a separata section today. Make sure you get your copy. CarUer m X ''i a XN J** ■Ifer-i M ■T-I m 3 S£s£» 0 (TKi/f dp artier BOUTIQUES Icy mu/t' dc a/tier #01-36, Lucky Plaza, 304 Orchard Road Tel: *****27.
      60 words
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  • HOME NEWS
    • Article
      Siflex eyeing Australian market
      431 2  -  Plans for export of ductings and hoses By LILY FERNANDEZ SIFLEX INDUSTRIES, the newly acquired Singapore subsidiary of Consolidated Sugar Refineries (CSR), plans to add Australia to its list of export markets by the end of the year. Plans to sell to Australia followed last month's
      431 words
    • Article, Illustration
      De Beers raising price of rough diamonds
      491 2 STOCK MARKET crash or not, sales of gem diamonds everywhere have remained buoyant, prompting De Beers to raise the price of a wide range of rough (uncut) diamonds by 13.5 per cent. De Beers controls 80 per cent of the world's rough diamond
      491 words
    • Article
      Export services show slated for next year
      186 2 THE FIRST international export services exhibition and conference for the Asia-Pacific will be held in Singapore next year. Exporters will find the full range of export support services exhibited under one roof from banking and finance, transport and packaging, to market research, advertising
      186 words
    • Article
      Swedish buying agent set to make bigger purchases this year
      317 2 THE SWEDISH Business Development Centre (SBDC) is gearing up for more business this year as Swedish companies plan to buy more from Singapore and other Asian countries. Swedish companies are expected to buy goods worth $6 million through the centre
      317 words
    • Article
      DHL links up with TDB's computer
      92 2 DHL WORLDWIDE Express yesterday announced that it has become the first courier company to link up directly with the Trade Development Board's main computer through the Trade Dial-Up System. DHL has invested $26,000 to set up the dial-up system, which will speed up the
      92 words
    • Article
      TDK Corp sees potential for factory automation in region
      330 2 RAPID GROWTH in factory automation (FA) in South-east Asia has prompted TDK Corporation (Japan) to open a regional FA showroom-cum-surface mount technology centre in Singapore. The centre, which was started last year, was officially opened yesterday by Mr Motoi Fukushima, TDK
      330 words
    • Article
      Views on financial strain and physical pain
      147 2 THREE MEDICAL SPECIALISTS will speak on advances in the treatment of serious illnesses at a medical insurance seminar. Dr Oon Chong Jin, Dr Pwee Hock Swee and Dr Low Lip Ping are to speak on the symptoms, causes and treatment of cancer, cardiovascular
      147 words
    • Article
      Esso construction contract goes to subsidiary of US engineering firm
      290 3  -  By LOH HUI YIN THE EXPENSIVE YEN appears to have edged Japanese contractors out of Esso's new visbreaker project. The $130 million construction contract went to Foster Wheeler Italiana SpA, Esso said yesterday. The contract to build the visbreaker. which
      290 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      235 3 KURT ANDERSEN, managing director of Republic National Bank of New York (Singapore), has been appointed to the board of Republic New York Corporation. Mr Andersen, 43, is also the regional general manager for the bank's Far East activities. SUSAN IDTENSOHN has been named executive director of the
      235 words
    • Article
      Local developers welcome halt to Chinese hotel projects
      1003 3  -  Suspension will mean less competition for established companies By LISA LEE THE CHINESE GOVERNMENT'S latest policy calling for a halt to the building of new hotels has come as a relief to Singapore developers who were into the game early. With a
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  • Page 2 Advertisements
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      92 2 IS TH IN SIN #> f j /f .W* s A If you re serious about Cantonese cuisine. share the delights of the Palace Our fastidious Hong Kong Chef Mak Kip Fu proudly presides over a gourmet s paradise Lunch or dinner at the Summer Palace is a memorable occasion
      92 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      793 2 Adelaide Amsterdam Athens Bahrain Bangkok Barbados Beijing Beirut Belgrade Berlin Bermuda 30/26 Sunny 29/21 Clear 36/23 Clear 20/12 Clear 33/24 Sunny 26/14 Clear 20/07 Sunny 14/10 Cloudy 33/26 Roin 25/17 Clear 20/13 Cloudy 21/13 Showers 18/11 Cloudy 19/07 Cloudy 37/27 Sunny 17/14 Cloudy 29/14 Clear 26/18 Clear 18/09 Clear Moscow
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      138 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day Whatever they buy from us, we're providing our customers the same thing... success. it With 60 years' worldwide experience and extensive facilities serving Singapore, Indonesia and Malaysia, we have built a reputation as problem-solvers. For every situation our customers could
      138 words
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      Page 3 Advertisements Column 2
      58 3 k > KUOWI AIR CARGO More capacity, more efficiency and the same high levels of Korean Air service for all your valued cargo. You can even choose from our Swingnose 8747Fs or the new A3OOFs for anything from computers to precious pottery and yes, even your exotic fish. For more
      58 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Manila seizes alleged Marcos shares in firm
      416 4 Move to pre-empt a possible takeover bid AFP THE PHILIPPINE government has seized shares allegedly held by deposed president Ferdinand Marcos in a local telecommunications firm to pre-empt a takeover bid linked to his possible return, officials said. The government sequestered on May
      AFP  -  416 words
    • Article
      Lock icon Queen opens Australia's new Parliament House
      333 4 AFP AUSTRALIA'S new Parliament House, a vast project built at a cost of more than US$BOO million, was opened in Canberra yesterday by Britain's Queen Elizabeth II in an elaborate ceremony watched by more than 20,000 people. Queen Elizabeth walked through the front doors
      AFP  -  333 words
    • Article
      Lock icon Japan's April trade surplus wxpected to plunge
      307 4 Reuter JAPAN may show a surprisingly large drop in its April trade surplus when figures are announced on Friday, some economists said. "The April statistics could be astonishing." one bank economist said in Tokyo. "We had expected the downtrend for the surplus to
      Reuter  -  307 words
    • Article
      Lock icon Taiwan takes tougher stance against US demands for market access
      613 4 Reuter TRADE relations between Taipei and Washington have hit a low point as the Nationalist government. anxious to avoid accusations of a sellout, takes a tougher stance against US demands for market access. Washington is still smarting from trade talks
      Reuter  -  613 words
    • Article
      Lock icon Remove anti-dumping duties, Japan urges EC
      84 4 Reuter JAPAN has called on the European Community to remove the new anti-dumping duties slapped on Japanese electronic typewriters and scales. The appeal was made at a session of the AntiDumping Practices Committee of the General Agreement on Tariffs and Trade last week. The
      Reuter  -  84 words
    • Article
      Lock icon Arab League to debate Palestinian uprising
      119 4 AFP A SPECIAL Arab League summit to debate the Palestinian uprising in the Israeli-occupied territories will open in Algiers on June 7, the Algerie Presse Service reported on Sunday. The league's foreign ministers recommended last month that a summit be held to determine means
      AFP  -  119 words
    • Article
      Lock icon Hongkong begins to see emigration as a threat to its economy
      631 4 NYT IN A REVERSAL, the Hongkong government has begun to acknowledge that rising emigration among skilled and professional workers could threaten the thriving economy of the British colony, which is due to be returned to China in 1997 As
      NYT  -  631 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1030 4 ARRIVALS Operator Service Local From number time CAl CI341 0155 TPE NCA KZ205 0215 NRT ui UL455 0255 NRT FT FT75 0256 ATL/DFW/ORD ANC/NBT/ JAL JL6I7 0340 TYO CAL 0333 0405 TPE MAS MH603 0620 KUL AIR CW707 0700 MTS/MRU SWAZI AC AC584 0725 YYZ/YHZ/ BRU/DXB MAS
      1,030 words
  • Page 4 Advertisements
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      172 4 A POOR FARMERS SON TURNED THIS SOC KET INTO A ¥4,575 BILLION C(HFOR\TK)N FIND OUT HOW It was the first product Konosuke Matsushita produced seventy years ago. And, it paved the way for this remarkable man to build a giant multinational corporation employing 165,000 people and operating in 38 countries.
      172 words
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      56 4 F I \l ji Ifl If business person's choice, every I I II I II I Tuesday, Thursday. Saturday and I M m\ I m Sunday. Leaving Changi Airport at J_ JL 22:05 hours and arriving at Lester B. Pearson International Airport the following dav Call your Travel Agent or
      56 words
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  • Page 5 Advertisements
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      119 5 vshey say that when W given the luxuries of life, /g we can dispense with its Jjl necessities. This month our chef selects: <Smwc& Q)& (Dai//e&Sn^tSa/ac/& u/,x. (1/Mcafa Qs/cuic& u/ec r fa c lhuuy/xtte Quail breast salad with white grapes in a fine truffle dressing. c. xuite Q)e r (wz>
      119 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Mitterrand routs Chirac
      670 6 First French president to be re-elected by universal suffrage AFP SOCIALISTPresident Francois Mitterrand trounced Prime Minister Jacques Chirac in a runoff ballot on Sunday to win reelection and seal the left's supremacy in French politics. With nearly 90 per cent of the vote counted, Mr Mitterrand had
      AFP  -  670 words
    • Article
      Lock icon Franc and securities face temporary pressure
      321 6 Reuter BANKERS say France faces swift but probably temporary pressure on the franc, along with share and bond prices, as Sunday s solid presidential win by Francois Mitterrand heralds a period of political tyBut industrialists say that if the incoming Mitterrand government avoids the
      Reuter  -  321 words
    • Article
      Lock icon US may rejoin Unesco
      181 6 AP UNESCO Secretary-General Frederico Mayor said the US is likely to rejoin the organisation "at an early date" following its withdrawal in 1984 over charges of alleged anti-Western bias and gross management, a newspaper reported in Tokyo yesterday. In an interview with the Asahi Shimbun, a
      AP  -  181 words
    • Article
      Lock icon IMF begins talks on Uganda
      93 6 Reuter INTERNATIONAL Monetary Fund deputy managing director Richard Ebbs has arrived for talks with Ugandan leaders on the country's economy, according to Radio Uganda Last May, the government introduced an IMFbacked economic policy package under which the currency was massively devalued and a new shilling
      Reuter  -  93 words
    • Article
      Lock icon Chirac wins 90.3pc of vote in New Caledonia
      243 6 AFP PRIME MINISTER Jacques Chirac won 90.3 per cent of the vote in New Caledonia in the second round of the French presidential election on Sunday, it was announced in Noumea. Mr Chirac's record score left Socialist incumbent Francois Mitterrand with 9.7
      AFP  -  243 words
    • Article
      Lock icon Kohl suffers humiliating defeat
      298 6 Reuter WEST GERMANY'S Social Democrats (SPD) have dealt Chancellor Helmut Kohl's scandal-tainted Christian Democrats (CDU) a humiliating defeat in elections in the longtime conservative state of Schleswig-Holstein. The SPD swept to power with 54.8 per cent of the vote in elections on Sunday, according to provisional
      Reuter  -  298 words
    • Article
      Lock icon Strikes justified, says Pope
      186 6 Reuter POPE JOHN PAUL II kept up his strong defence of labour unions and workers' rights on Sunday, a day after throwing his support to strikers in his native Poland. On the second day of a fourcountry tour of Latin America, the Pope flew into the
      Reuter  -  186 words
    • Article
      Lock icon New cabinet m Belgium
      157 6 AFP BELGIAN Premier Wilfried Martens named a new centre-left cabinet late on Sunday, a spokesman for King Baudouin announced in Brussels yesterday, ending more than six months without a government. The king had on Friday asked Mr Martens to form a new government to replace his
      AFP  -  157 words
    • Article, Illustration
      Lock icon Regan: First Lady's stargazing frustrated me
      200 6 Reuter FORMER PRESIDENTIAL chief of staff Donald Regan, unfazed by the stir caused by his memoir, said he revealed Nancy Reagan's preoccupation with astrology because it interfered with her husband's presidency. "In the early days it really was a harmless eccentricity so we indulged
      Reuter  -  200 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      147 6 Athens, Amsterdam, Copenhagen, Paris, Frankfurt, London, Rome, Stockholm. They're 1h hours shorter with Thai. If you're on your way to any one of the seven exciting European cities, you'd be pleased to know that they're much closer with Thai. You see, we fly there non-stop from Bangkok, shortening the usual
      147 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      53 6 Doonesbury NICOLB ASKEPME TO GOON A MEEKENP WITH HER. SHE HANTS TO HAVE AN AFFAIR. IT BY GARRY TRUpEAU VOUANPN/COLSf HEE.HEE' UJSIL, THANKS FOR CLEARING THAT UP FOR MB, Ml KB' CLEARING WHAT UP? TVBBeBN TRYING TO REMEMBER UJHBTNERI MJASSTONBP TONIGHT. Jj tS I I I t. 'i sS* Jtfi
      53 words
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  • COMMODITIES
    • Article
      Lock icon Rubber
      366 7 Reuter SINGAPORE The market closed quietly steady yesterday with June 1 RSS buyers quoted at 241.50 cents a kilo, down half a cent from last Friday's close, dealers said. After a steady opening, prices hovered narrowly thereafter due to lack of interest in thin trading, they said. Dealers said
      Reuter  -  366 words
    • Article
      Lock icon KL Tin
      176 7 Reuter THE Kuala Lumpur Tin Market price roae a cent from laat week's close to M 517.39 a kg yesterday. Trading was moderate with turnover increasing to 94 tonnes from 76 on Friday mainly due to weekend accumulation. Dealers noted re* newed European interest because the KLTM price
      Reuter  -  176 words
    • Article
      RAS and MRELB
      280 7 R AS prices In S cents/kg, FOB In ImIm NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 242.50 243.50N 243.00 244.00N Int 1 RSS June 88 241.00 242.00N 241.50 242.50 lot 1 RSS July 242.00 243.00 242.50 243.50 Int 2 RSS OP 239.00 241.00N 239.50
      280 words
    • Article
      SSR and SMR
      77 7 (canh/kg) JUNE 1988 JULY 1988 (current month) (forward month) RAS NOON NOON Bwy«r» Iwyan S*ll*ri SSR 20 225.50 227.50N 225.50 227JON SSR 50 224.00 226.00N 224.00 *****N MRELB iuyrt S«4ton lvy*n S«ll«r» SMR CV 380.50 382.50N 381.50 383.50N SMS L 413.00 415.00N 414.00 416.00N SMR 5 312.50
      77 words
    • Article
      Produce Prices
      197 7 Chinese Produce Exchange Sellers' noon dosing pri<*» on Moy 9 (SS/100 kg) Coconut oil Bulk FOB 107.00 Otd drum FOB 117.00 Now drum FOB 121.00 Copra Mixed (loose) 61 New drums 2nd hand drums Bulk Local in bulk Copra (M$/ioofcg) No 1 (estate) No 2 (smallholders) Bangkok Oosing
      197 words
    • Article
      Precious Metals
      338 7 HONGKONG: The metal closed slightly lower in quiet trading on light profit-taking by Swiss investors in the afternoon session, dealers said yesterday. They said the metal attracted some selling mainly in response to the firmer tone of the US dollar. Trading was slow and featureless due to a
      338 words
    • Article
      Lock icon Tronoh Mines to know results of gold search by year-end
      110 7 Bernama TRONOH MINES (M) Bhd said results of its gold search in the Sungei Pergau-Tadoh area in Kelantan will be known by the year-end. Mr Ibrahim Menudin, chairman of Tronoh Mines, said after an annual general meeting of the company
      Bernama  -  110 words
    • Article
      Lock icon Sugar growers seek better EC deal
      353 7 Reuter THIRD WORLD sugar producers were yesterday scheduled to discuss ways of improving special trade benefits they receive from the European Community because of their historic ties with Britain. The 17-nation group of mainly Commonwealth countries, dubbed the Commonwealth Sugar Club, will meet to
      Reuter  -  353 words
    • Article
      Lock icon Palm Oil
      402 7 Bernama ES Reuter Malaysian crude palm oil futures on the Kuala Lumpur Commodity Exchange closed higher yesterday. Dealers said the market opened steadier in line with the higher CBT soyoil market on Friday. May was up by $6 to Ms9sl a tonne while June was up $8 to
      Bernama ES; Reuter  -  402 words
    • Article
      Lock icon Three-month nickel forecast to stay above US$6 a pound
      324 7 FT SEVERE SHORTAGES will keep the London Metal Exchange price of threemonth nickel above USS6 a pound in this first half of this year and at more than US$5 a pound in the second half, says Rudolf Wolff, the London based
      FT  -  324 words
    • Article
      Lock icon High oil prices expected to boost US gas distributors
      361 7 NYT MANY NATURAL GAS distribution companies are expected to do well in the near future as oil prices remain relatively high and as the manufacturing sector of the US economy continues its robust activity. Sustained by a strong demand for American
      NYT  -  361 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      171 7 SUCCESSFUL EXECUTIVES Are you looking for a change of career? A job that would bring you into contact with the best and brightest in Singapore, and put you at the very heart of business and economy? Then consider a switch to the fast-moving and stimulating world of business journalism. Put
      171 words
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      Page 7 Advertisements Column 2
      0 7 ,]|^${"(%{/+%:`];;^,@/+%<%~~}\'
      0 words
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      Page 7 Advertisements Column 3
      125 7 technology and design, ranteed by this point. v.-'. 5' •a; ML I fcrt. -4. BLAUPUNKT BOSCH Group It's a small point. But it makes a world of difference. Blaupunkt Integral IS 70-78VT. Switched on, it provides a very clear picture and stereo sound in hi-fi quality. Switched off, its functional
      125 words
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  • FOCUS
    • Article, Illustration
      Lock icon US business spending rises, so do imports
      1345 8  -  LOUIS UCHITELLE attempts to explain why the US is missing out on the country's consumer boom of the 1980s while JOHN CUNNIFF surveys the American economy and suggests that last October's market crash may be just 'an interesting non-event'. The final article indicates
      NYT  -  1,345 words
    • Article, Illustration
      Lock icon Passage looks clear for American-Canadian free trade agreement
      671 8  -  By CLYDE H FARNSWORTH NYT THE CLASH between the White House and Congress over broad trade legislation has tailed to derail a free trade agreement between America and Canada. Although legislators chiefly from western states with natural resource industries have raised a
      NYT  -  671 words
    • Article
      Lock icon Great crash of '87 appears to be an interesting non-event
      573 8 AP AFTER 5% YEARS of expansion, the American economy is gaining a second wind. The evidence is not easy to accept, because it appears at odds with history, but it also appears incontrovertible. Inflation is in check. A million jobs
      AP  -  573 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      153 8 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to ejopan JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan s iron and steel industry. It also closely follows daily
      153 words
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      Page 8 Advertisements Column 2
      31 8 SHANGRI-LA INTERNATIONAL IN BANGKOK WHERE ELSE BUT THE SHANGRI-LA Shanqri La hotel SHANCRI LA INTERNATIONAL: 'SINGAPORE 235 1311 BANGKOK (2) 236 7T77 HONG KONG (5) 810 7782 KI'ALA Ll'MPl'R <03) *****48
      31 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      337 9 Hardly a day goes a fluctuation in foreign exchange rates doesn't have most company treasurers reaching for the panic button. Whatever happens out there, the chances are that one or more of the currencies your company does business in jt will be affected. 11 TV With the minimum of warning.
      337 words
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  • PERSPECTIVE
    • Article
      A sobering reminder
      531 10 THE NEW TWIST to the plot was certainly startling. What began as a Marxist plot now has a new player who is none other than the world champion for capitalism (and against Marxism), Uncle Sam himself. The government disclosures over the weekend about US involvement came as
      531 words
    • Article, Illustration
      Everything's bright and sunny
      1361 10  -  The gloom and doom of the world stock market collapse last October, it seems, is a distant memory for Australia. The economy has confounded the sceptics by staging a Lazarus-like recovery and its strength is causing considerable concern to the Hawke government, which is now being
      1,361 words
    • Article, Illustration
      Aussie jobless rate at six-year low
      372 10 AUSTRALIA'S dole queue is shortening the first time in six years. With major newspapers carrying a record number of job advertisements. Australians are enjoying the best choice of jobs available now. According to the Australian Bureau of Statistics, seasonal-ly-adjusted employment jumped by 114,000 in
      372 words
    • Article, Illustration
      Mad scramble for residential property
      430 10 THE SYDNEY real estate agent was not even embarrassed that the house was half destroyed by white ants. He was offering it as a "bargain" for A 5130.000. A potential buyer was stunned, yet still interested enough to bring a builder to inspect the property.
      430 words
    • Article, Illustration
      Indian naval build-up sets off alarm bells
      1504 11 Australian defence experts have accused the Indian Navy which recently went nuclear of threatening the security of the Asian-Pacific region, claiming that it is Asia's fastest growing navy. HARISH MEHTA of the Foreign Desk examines the validity of Australia's apprehensions, and looks at
      1,504 words
    • Article
      New Delhi moves into nuclear arena
      436 11 INDIA'S newly-acquired nuclearpowered submarine, leased from the Soviet Union, is part of a long-range expansion plan aimed possibly at building Asia's most powerful navy. Although the leased submarine does not carry nuclear weapons, the US has asked India what threat this new vessel is
      436 words
    • REGIONAL VIEWPOINTS
      • Article
        Some quality please
        181 11 THAILAND "THE ENTRY into national politics of Bangkok Governor Chamlong Srimuang's Palang Dharma Party, which is yet to be registered, is welcome news and also a blessing for the electorate... "Given the impeccable record of its party leader, the puritanical Bangkok governor, whose honesty and integrity are
        181 words
      • Article
        A safety net needed
        115 11 MALAYSIA "MALAYSIA is under a lot of pressure to join the International Cocoa Organisation (ICCO). Having become the world's third largest producer in just a decade of intensive encouragement and development, Malaysia is seen by some as a necessary participant in any viable attempt to rig
        115 words
      • Article
        Action needed
        212 11 SOUTH PACIFIC "THE INCREASED violence in New Caledonia lately proves how baseless was the optimism shown by French officials when the results of last September's referendum decided that New Caledonia should remain with France... "Increasingly violent activities, with anarchistic overtones, perhaps will fail to loosen the French grip
        212 words
      • Article
        No justification
        142 11 "WHAT HONOUR is there in having a huge force of 7,000 troops and police stationed 20,000 km away from France, defending the rights of Europeans who comprising only 36 per cent of the population? It stinks of colonialism. President Mitterrand says that Mr Chirac's two-year-term in office has
        142 words
      • Article
        A stabilising force
        166 11 Our weekly summary of what other publications have to say about issues of regional interest INDONESIA "THE VISIT of Japan's Foreign Minister, Sousuke Uno, to Indonesia could be the beginning of a long-needed serious dialogue between two important Asian countries with complementary strategic needs. "Minister Uno's visit
        166 words
      • Article
        Communist elements
        191 11 "A MUTED debate evidently took place last week on the issue of whether government agencies were in danger of being infiltrated by suspected communist elements, and what to do about the problem. Admiral (ret) Sudomo, the Coordinating Minister of Political and Security Affairs and a former commander of
        191 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      173 10 MAN DARIN ORI ENTAL JAKARTA Mandarin Oriental Jakarta is well placed to be the ideal hotel for busy executives. It is the only grand luxe hotel situated right in the middle of the business and diplomatic district. And our 24-hour business centre ensures that you're given the utmost professional support,
      173 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1299 11 TOSfflßOaiDQ® B 12 PM Opening Announcement and Programme Highlights followed by Carol Burnett And Friends. The late Rock Hudson, Madeline Kahn and Steve Lawrence appear as guests tonight. The Yellow River Minority Groups Of The Upper Basin. The expedition team experiences the difficulties of crossing the Sung pan Plains in
      1,299 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Pistons, Bulls and Hawks hold the edge
      421 12 THE DETROIT PISTONS, Chicago BuMs and Atlanta Hawks worked all season to get a home court advantage in the first round of the NBA play-offs, and that's exactly what they got. They won all of their home games and lost all their road
      421 words
    • Article
      Lock icon Trainer Lukas eyeing Triple Crown for Winning Colors
      406 12 UPI TRAINER 0 Wayne Lukas has gained confidence in Winning Colors's chances in the Preakness Stakes in spite of the threat of several fresh colts and the revamped strategy of revengeminded Woody Stephens. "I think she can win the Triple Crown," Lukas
      UPI  -  406 words
    • Article, Illustration
      Lock icon Agassi extends winning streak at Forest Hills
      510 13 UPI ANDRE AGASSI, the most exciting American tennis prospect in more than a decade, toppled big Slobodan Zivojinovic in straight sets last Sunday to win the Eagle Tournament of Champions. Effectively moving Zivojinovic around the court and neutralising his cannon serve. Agassi completed
      UPI  -  510 words
    • Article, Illustration
      Lock icon Sabatini overcomes gutsy Kelesi in Rome
      271 13 UPI SECOND SEED Gabriela Sabatini held off a charge from injured Canadian Helen Kelesi last Sunday to take the title at the US$2OO,OOO Italian Open women's tennis championships 6-1. 6-7 (4-7), 6-1. The Argentinian, touted to win the US$4O,OOO top prize after the injury
      UPI  -  271 words
    • Article, Illustration
      Christina clears the final hurdle
      534 13  -  By PETER ABISHEGANAOEN CHRISTINA JURGENSEN kept cool to win the Samsung International Showjumping competition astride Maori Girl at the Bukit Timah Saddle Club last Saturday. After two weekends of riding. Christina was ahead with no penalty points and the fastest totalled times. On Saturday, she
      534 words
    • Article
      Lock icon Langer's back in business
      336 13 AFP BERNHARD LANGER of West Germany made a lucky putter change to roll home seven birdies and beat South Africa's Mark McNulty in the European Matchplay tournament in Wales last Sunday. The four and three victory was a perfect start to the European campaign for the
      AFP  -  336 words
    • Article
      Lock icon Jahangir dazzles
      118 13 Reuter JAHANGIR KHAN looked in top form last Sunday, easily winning the opening match of his campaign to regain the World Open squash championship. The Pakistani seemed untroubled by a recent wrist injury and brutally punished Australian Austin Adarraga to win his firstround match 9-1. 9-0. 9-2 in
      Reuter  -  118 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      890 12 4 COURyOISIERXO-Where to eat, drink... UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in fun! Cocktails, snacks. Sunday jazz jam sessions and pub games from the world over, await you in the basement of the Hyatt. Opening hours: 11.00 am to 1.00 am No ties, please V A
      890 words
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      Page 12 Advertisements Column 2
      174 12 IiIUMI Catch the excitement and fever of Singapore's richest annual fashion and glamour event. SEMI-FINALS Model of The Year April 26, 29 Male Model of The Year May 3, 6 Discovery of The Year May 10, 13 (all starting at 9 pm) Ji 333 Orchard Road, Singapore 0923. Tel: 737
      174 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      478 13 and entertain 4 5; 5! IS Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are availaPle for private parties. Located on the 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm. Ample free parking A® Century Park
      478 words
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      Page 13 Advertisements Column 2
      202 13 u &> tk •s**? S:. *>, yMHHM v RMHMM ,~f SHMB ■aamyfaHi mmmbJUHMH tfem ma VERITY How to take your game to greater lengths. Play with .\laruituirfs Verity irons and woods. -Vll Verity irons have SI*SS Same Position Sweet Spot which is always l<x*ated at ;ui ideal (V)% from the
      202 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      50 13 Play golf the Sevvy way mi IT IS IMPOSSIBLE TO MIT GOOD SHOTS IF YOU THINK ABOUT .TOO MANY THINGSy SWING PROBLEMS SHOULD BE CORRECTED ON THE PRACTICE GROUND. NOT DURING J -v A POUND WHEN I V PLAY V concentrate! ON ONE I THING ONLY London Express Service v
      50 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1278 14 SINGAPORE: The US dollar and sterling closed firmer in light trading yesterday The dollar ended at 124 80/90 yen compared with New York's Friday 124 65/75 close, at 1 6825/35 marks against 1 6785/95 and at 1 4000/10 Swiss francs against 1 3995/4005. Sterling firmed to a late
      1,278 words
    • Article
      Simex
      440 14 JUNE EURODOLLAR futures opened 7 ticks lower yesterday at the day's low of 92.35. Prices, however, edged higher to the high of 92.38. The June contract finally managed to settle 4 ticks lower at 92.36. Currency futures opened near the day's high and eased lower during the session. June
      440 words
    • Article
      Lock icon IMM
      225 14 Reuter IMM CURRENCY futures closed mostly higher on Friday but near midrange after a thinly traded session. Futures opened higher but came under pressure after unemployment showed a 0.2 per cent decline to 5.4 per cent last month. The decline in unemployment bolstered sentiment. However, a 174,000 increase in
      Reuter  -  225 words
    • Article
      Options
      1510 14 CURRENCY FUTURES OPTIONS Monday, May 9, 1988 DEUTSCHE MARK (SIMEX) Jun M calls Jun M puts High Low Son High Low SM 54 CA» 55 CA1 5* CA» j 57 3 177A 172 9 59 95 95 95 25A 28 60 40 40 40 698 73 61 ISA 13
      1,510 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      285 14 THE NEW STRAITS TIMES F (MALAYSIA) BERHAD (Incorporated in Malaysia) INTERIM RESULTS The Directors are pleased to announce the unaudited results of the Group and of the Company for the six months period ended 29th February 1988 as follows: iii) There were no material adjustment for under or over-provision in
      285 words
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      Page 14 Advertisements Column 2
      9 14 11l BANOJEINDOSUEZ 3 Shenton Way, Shenton House, Singapore 0106
      9 words
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  • BANKING AND FINANCE
    • Article
      Lock icon 'Fed under pressure to raise interest rates'
      529 15 NYT CONDITIONS in the fixed-income markets >re putting further pressure on the Federal Reserve board to raise interest rates, market participants said. The latest squeeze on the Fed occurred last Friday, with the release of April employment data Some analysts took heart from
      NYT  -  529 words
    • Article
      Money markets
      57 15 THE OVERNIGHT rate on the Singapore interbank market fell 14 point to end at 3% per cent yesterday. f S$ Interbank rates A at 12 noon yesterday: OFf€R wo Overnight 3 3/4 3 1/2 1 -month 3 7/16 3 5/16 2-month 3 7/16 3 5/16 3-month 3 1/2
      57 words
    • Article
      Lock icon Bank of New York extends offer for Irving Bank
      188 15 Reuter THE Bank of New York Co Inc has extended the expiration of its tender offer for shares of Irving Bank Corp, which expired at 2100 GMT May 6. to 2100 GMT May 13, unless further extended At the close of
      Reuter  -  188 words
    • Article
      Government securities market
      86 15 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****H 04.8.88 3.33 3.28 3.30 3.20 6 months BY*****H 22.9.88 3.40 3.35 1 year BY*****Z 23.3.89 3.46 3.41 3.43 3.40 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      86 words
    • Article, Illustration
      World interest rates
      202 15 Indicates the average of the prime lending rates of 12 major banks In S'pore c ■> Interbank market rates (offer/bid) on May 9 uss DM SWFC Y*n 7 days 7 6 7/8 8 7 3/4 3 3/8 1/4 2 1/8 2 3 9/16 7/16 mih 7 1/8
      202 words
    • Article
      Asian $ market
      178 15 Asian market US$ Offf« 810 7 doyi 7 1/8 7 1 month 7 3/16 7 1/16 2 monttn 7 3/8 7 1/4 3 monttn 7 7/16 7 5/16 6 monttn 7 11/16 7 9/16 9 monttn 7 15/16 7 13/16 12 montht 8 1/8 8 S Fr DM (Middle prtcas)
      178 words
    • Article, Illustration
      Australian dollar takes on new strength
      723 15  -  From FLORENCE CHONG in Sydney LAST WEDNESDAY, the same day the Australian government reported that inflation hit an unexpectedly high rate of 6.9 per cent in the first three months of this year the Australian dollar maintained a three-year high in the foreign exchange
      723 words
    • Article
      Lock icon Citibank establishes transferable deposit programme in Australia
      200 15 Reuter CITIBANK Ltd has established a As2oo million medium-term transferable deposit programme, represented by transferable certificates of deposit. This was the first time it had entered this segment of the Australian market since it was established in December 1985, the wholly-owned Australian banking
      Reuter  -  200 words
    • Article
      Lock icon Eurobonds go a-begging
      673 15 Worries over American interest rates IHT BOND PRICES WEAKENED, interest rates edged higher and investors sat on the sidelines last week waiting to see where it all ends. Borrowers, by contrast, tried to lock in low costs while they were still available. The result was a glut
      IHT  -  673 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      542 15 Haw Par Brothers International Limited (Incorporated in the Republic of Singapore) Notice off Meeting Notice is hereby given that the Nineteenth Annual General Meeting of the Company will be held in the Board Room of United Overseas Bank Ltd, 30th Floor, UOB Building, No. 1 Bonham Street, Singapore 0104 on
      542 words
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      Page 15 Advertisements Column 2
      246 15 y SINGAPORE A MAJOR INVESTMENT OPPORTUNITY There is no restriction on foreign ownership of commercial property assets in Singapore and no capital gains tax for long term held investments Large hotels very rarely come onto the market in Singapore and this opportunity should not be missed FOR SALE BY TENDER
      246 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Afternoon fall wipes out three days' gains
      4850 16 DESPITE an initial firm opening, share prices on the Singapore stock market fell from midday on the back of weaker overseas markets, completely erasing the past three trading days' gains. Institutional investors, who were making a comeback on the local scene, were said
      4,850 words
  • Page 16 Advertisements
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Genting International — what next after that HK rejection?
      503 17 Genting International what next after that HK rejection? mm™ By HOCK LOCK SIEW WHAT ARE Genting shareholders to do with their shares in Genting International Ltd (GIL) now that the latter's proposed listing in Hongkong has been turned down? The failure to get listed in the colony may be a
      By HOCK LOCK SIEW  -  503 words
    • Article
      Exports, subsidiaries boost N Iron's profit
      346 17 NATIONAL Iron Steel Mills Ltd. a listed steei manufacturer, attributes its 82.7 per cent growth in pre-tax profit to $45.3 million last year to a 62.5 per cent rise in exports and continuing improvement in operating results of local subsidiaries and associates. NISM chairman
      346 words
    • Article
      SES meeting paves way for additional deputy chairman
      168 17 MEMBER COMPANIES of the Stock Exchange of Singapore unanimously endorsed the resolution to provide for the appointment of more than one deputy chairman at an extraordinary general meeting last Saturday. Brokers said that Dr Phillip Pillai, a member of the SES committee,
      168 words
    • Article
      Business done on the SES
      3666 17 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".
      3,666 words
    • Article
      Unit trusts
      324 17 Managers' prices for May 10 Singapore Unit Trust The Commerce 096 102 THe Sowings Fund 081 087 S'pore Fund 0 39 0 43 S'pore Sec Fund 064 0 69 S'pore invest Fund 068 0 73 S pore Equity Fund 0 46 0 50 Asia Unit Trust Mo' Invest
      324 words
    • Article
      Osaka's $47,000 claim: Phillip Securities to appeal
      416 17  -  By CORRINA LIM LOCAL STOCKBROKING firm Phillip Securities Pte intends to appeal against a summary judgment granted by the court to Osaka Team Design for claims of $47,000 BT understands that Phillip was served a writ of seizure and sale last Wednesday, and
      416 words
    • Article, Illustration
      Jurong Shipyard wins $90 million orders
      447 17  -  Jobs involve repairs and vessel conversions By ROSIE TAN JURONG SHIPYARD LTD (JSL). one of the Big Four shipbuilding and repairing companies in Singapore. has clinched $90 million worth of new orders for specialised repairs and conversion jobs. JSL said it secured the orders
      447 words
    • Article
      Lion-Nathan merger case: 5pm deadline for appeal
      467 17 THE MERGER between Lion Corporation and LD Nathan will go ahead today if Malayan Breweries does not appeal before spm against the New Zealand High Court judgment issued last week. Malayan Breweries group general manager (corporate services) lan Mac Lean said lawyers were
      467 words
    • Article
      COMPANY MEETINGS
      58 17 THE DEVELOPMENT BANK OF SINGAPORE Limited: 20th AGM in the Board Room, 46th Storey. DBS Building. 6 Shenton Way. Singapore 0106 today at j 11am MALAYSIA MINING COR- i PORATION Berhad: 12th I AGM at the International Hall. Ground Floor, The j Merlin Hotel. No 2. Jalan Sultan
      58 words
    • Article
      Lock icon SPTI's interim profit up 57pc
      170 17 MBT SOUTH PACIFIC Textile Industries, at present the subject of a general cash offer by its major shareholder, Berjaya Corp (Malaysia), has reported a 57 per cent rise in after-tax profit to M 52.92 million for the six months ended March 31, 1988. At the
      MBT  -  170 words
    • Article
      Trial of former Dah Yung director adjourned to July 5
      150 17 FORMER executive director David Cheng Heng Soon of Dah Yung Investment, who faces trial for alleged cheating and criminal breach of trust, had his case adjourned yesterday to July 5. His counsel, Mr Pala Krishnan, successfully applied for the two-month
      150 words
    • Article
      Company partly owned by Lien's family buys 18pc of Hotel Negara
      257 17 A PRIVATE COMPANY related to Mr Lien Ying Chow of the Overseas Union Bank group has bought an 18 per cent stake in Hotel Negara, the smallest listed hotel on the exchange, for $3.37 million. Wah Hin Shipping Co
      257 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      78 17 For Fine Russian and Continental cuisine... Wine and dine at a new restaurant with an age old tradition of impeccable service and authentic Shashlik, Borscht, Chicken a-la Kiev and, what we believe is, the best fish menu. All delicately prepared by Tony Han (Executive Chef of former Troika). BELUGA RESTAURANT
      78 words
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  • REGIONAL MARKETS
    • Article
      Kuala Lumpur prices close lower
      2829 18 REVERSING the previous five sessions of advances, share prices on the Kuala Lumpur stock market ended broadly lower yesterday on adverse follow-through support and bouts of profittaking. Business volume was reduced further. The easier performance was despite a higher opening on spillover interest. Trading conditions,
      2,829 words
    • Article
      Lock icon Stocks close firmer
      1513 18 Hongkong Reuter HONGKONG share prices closed firmer yesterday in active trading on selective buying, brokers said. The Hang Seng Index ended 12.29 points higher at 2.564.03 after losing four points in mid-morn-ing. The Hong Kong Index gained 7.93 to 1.708.58. Turnover was HK$l 03 billion against HK$l.36
      Reuter  -  1,513 words
    • Article
      Seoul
      136 18 MAY 0* WON 4 Kai ***** -200 Cheii Sugar Daelim Ind Daewoo Corp ***** ***** ***** unch -9700 400 Kangwon Ind Kia Motor Kolon Ind Korea Long Term Lucky Ltd ***** ***** ***** ***** ***** unch -500 120C -200 -300 Daewoo Heavy Daishm Securities Dong Ah Ptiar Dong Suh
      136 words
    • Article
      Tokyo
      539 18 TOKYO share prices yesterday fell for the third session in moderate trade on wariness ahead of the j three-day quarterly US Treasury auction starting I today and the release of the American March trade data on May 17, brokers i said. "Until we see these re- suits, investors will
      539 words
    • Article
      Lock icon Sydney
      447 18 Reuter A LACK of buying support saw the Australian share market drift to a weaker close in all sectors yesterday, brokers said, with industrial stocks bearing the brunt of selling pressure. "Buyers just seemed more tentative." one broker said. "The market was really struggling and volumes were awfully light."
      Reuter  -  447 words
    • Article
      Lock icon Bangkok
      172 18 Reuter j THE SECURITIES Exchange of Thailand Index fell 2.12 to 416.81 on a turnover of 5,160,266 shares worth 664.45 million baht. Reuter MAY 0* BAMT *1Ao Kham Thai 272 -30 Ayudhya Investment 402 -16 Bangkok Agto-lrxl 137 -2 Bangkok Bank 333 -59 Bank Ot Ayudhya 354 Charoong Thai
      Reuter  -  172 words
    • Article
      Taipei
      267 18 MAY 09 NT f 4. Kolin 47 80 -0 7 Kuochan Oev 62 00 -25 Lee Chang Yuen All Sincere Indus Chem Indus 62 50 ♦0 5 Asia Cement 86 00 15 Lien Hwa Indus 77 00 ♦2 5 Camay Cons 106 00 4 Nan Ya Plas 78 50
      267 words
    • Article
      Manila
      102 18 PESOS Marsteei MAY M Oriental B 0 043 -0 002 Acoie Mining Phil Overseas 0 031 -0 004 Philei B 0 40 unch i Anglo Phil 0 0095 unch Picop B Apei Mining B 0 031 unch plot 186 2 Atlas Con B Baguio Gold 22 50 -05 San
      102 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      552 18 NOTICE! THE COMPANIES ACT, CAP. 50 CHANNEL ENGINEERING PTE LTD (In Voluntary Liquidation) SPECIAL RESOLUTIONS PASSED ON 6 MAY 1988 At an Extraordinary General Meeting of the company held at 561-C Balestier Road. Singapore 1232 on 6 May 1988 the following Special Resolutions were passed:(a) That Channel Engineering Pte Ltd
      552 words
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      Page 18 Advertisements Column 2
      624 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WEHOP TRADING PTE LTD (Incorporated in Singapore) (In Members Voluntary Liquidation) At an Extraordinary General Meeting of members of WEHOP TRADING PTE LTD duly convened and held at 151 Chin Swee Road, #02-12 Manhattan House, Singapore
      624 words
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      Page 18 Advertisements Column 3
      609 18 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF FORT CANNING AMUSEMENT PHP IT T TH (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company duly convened and held at 200 Jalan Sultan #11-07 Textile Centre,
      609 words
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      Page 18 Advertisements Column 4
      297 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SEACRAFT ENGINEERING (PRIVATE) LIMITED (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP NOTICE IS HEREBY GIVEN that the creditors of the above company which is being voluntarily wound up. are required on or before 11th June 1968
      297 words
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      Page 18 Advertisements Column 5
      3 18 Chartpoint, every Saturday
      3 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Bethlehem offering a sign of turnaround in steel industry
      653 19 NYT THE BETHLEHEM Steel Corps announcement last week of a public offering of 10 million of its common shares at US$l9 each is viewed as a sign not only of the attractiveness of steel stocks but also of the relative prosperity
      NYT  -  653 words
    • Article
      Lock icon Nestle may leave Confederation of British Industry
      231 19 Reuter SWISS FOOD GROUP Nestle has served notice that it might leave the Confederation of British Industry (CBI) after its leader urged the government to block Nestle s bid for a British company. Nestle managing director Frank Edwards denounced the CBl's director-general. John
      Reuter  -  231 words
    • Article
      Lock icon Proposed leveraged buyout may mean higher pay for ICM talent agents
      516 19 NYT TOM WOLFE, Meryl Streep and Willie Nelson will not be directly affected if a proposal to take International Creative Management private receives US government approval. But their agents, and those representing 2.600 other agency clients, could be. They
      NYT  -  516 words
    • Article
      Lock icon GM and Toyota to join forces in Australia
      245 19 Reuter GENERAL MOTORS and Toyota, fierce competitors and the world's largest carmakers, yesterday signed agreements to join forces in Australia. Australian divisions of the Japanese and US giants will share several models to be sold under their brands the first major step
      Reuter  -  245 words
    • Article
      Selected indices
      134 19 HONGKONG Hongkong Index Mondoy 1.708 58 Fridoy 1.700 65 Week ogo 1.708 86 Hang Seng Index Monday 2.584 03 Fridoy 2.571 74 Week ogo 2 589 89 All Industrials Monday 2.2852 Friday 2.303 3 Week ago 2.341 6 NEW YORK Dow Jones Friday 2.007 46 Thursday 2,020 23
      134 words
    • Article
      Lock icon Casio delays sale of DAT recorders in US
      659 19 Fear of being sued said to have deterred Casio NYT CASIO Computer Ltd, which was expected to become the first company to sell digital audio tape (DAT) recorders in the US. has put its plans on hold, indicating that the American introduction
      NYT  -  659 words
    • Article
      Lock icon Cutbacks to continue, says LSE chairman
      101 19 Reuter LONDON Stock Exchange chairman Sir Nicholas Goodison says cutbacks in the securities industry after last October's collapse of world stock prices will continue. "Too many banks and too many people rushed in when the market was booming, making cutbacks inevitable in the wake
      Reuter  -  101 words
    • Article
      Lock icon Sears sells Lewis's unit for £74m
      92 19 Reuter SEARS PLC has sold its Lewis's Stores unit to a new management team for £74 million. Midland Montagu Ventures Ltd announced last week. Midland Montagu, the investment banking and securities arm of Midland Bank PLC. said it had arranged the deal and was
      Reuter  -  92 words
    • Article
      Lock icon More than just an eerie quiet in Wall Street
      911 19 NYT WHEN William Harnisch. president of Forstmann-Leff Associates, walked into his trading room in New York last Monday afternoon, he could not believe his eyes. Not one of the dozens of telephone lines linking his money management firm to Wall Street
      NYT  -  911 words
    • Article
      Lock icon Rockefeller Foundation elects new president
      90 19 Reuter THE ROCKEFELLER Foundation, one of America's premier philanthropic organisations, announced the election of newspaper executive Peter Goldmark as president and chief executive officer. Goldmark, senior vice-presi-dent in charge of five Eastern newspapers for the Times Mirror Company, succeeds Richard Lyman from July 1. Lyman
      Reuter  -  90 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      363 19 NOTICE NOTICE IS HEREBY GIVEN THAT, I MADASAMY s/o PANDIAN of Blk 161, n 10-184, YISHUN ST. 11 Singapore (2776), has applied for a Retail Beer Shop Licence in respect of premises at M/s MAMI MIA ENTERPRISE at BLK 106, #01-189, YISHUN RING ROAD Singapore (2776), and that this application
      363 words
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      Page 19 Advertisements Column 2
      451 19 NOTICE NOTICE IS HEREBY GIVEN that, I Wong Ee Chiong of Blk 50, Circuit Road, #04-771 Singapore 1337, has applied for a Beer House, First Class licence in respect of premises at M/s Wong Ngor Kang Eating House at 302 Übi Ave 1 #01-09 Singapore 1440, and that this application
      451 words
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  • Article
    Another good year forecast for Winchester disk drives
    514 20  -  Strong demand from the US computer storage market By BOEY KIT YIN THE LOCAL Winchester disk drive industry which makes about 60 per cent of the world's output available for exports is headed for another buoyant year. According to an optimistic forecast
    514 words
  • Article
    'S'pore should concentrate on disk drives'
    309 20 SINGAPORE should concentrate its strengths on developing the disk drive and consumer electronics industries, according to an official of Dataquest Inc, the research organisation. Mr Tom Wang, associate director of Dataquest's Asian division. noted the presence of a number of integrated circuit and systems
    309 words
  • Article
    When wage guidelines play second fiddle to tight labour...
    441 20  -  By CHUANG PECK MING EVEN COMPANIES not doing well last year had to pay wage increases of 2 to 3 per cent because of the tight labour market, according to a survey by the Singapore Manufacturers' Association. The survey report, submitted
    441 words
  • LATE FILE
    • Article
      Lock icon Manila wants unattached aid
      57 20 AFP THE PHILIPPINES government said yesterday it would accept a proposed US$lO billion Western aid programme without strings attached. President Corazon Aquino said in a meeting with eight senators that the plan should not be linked to an ongoing bilateral review of the leases on two
      AFP  -  57 words
    • Article
      Lock icon Takeshita back after Euro-tour
      44 20 AP JAPANESE PRIME Minister Noboru Takeshita returned home yesterday from an 11day European tour during which he called for stronger links between Japan and Europe and pledged that Japan would play a more "positive role" in the global community. AP
      AP  -  44 words
    • Article
      Lock icon New trouble at Amritsar
      42 20 UPI SIKH militants occupying the Golden Temple and security forces outside yesterday exchanged heavy gunfire in their most serious clash at Sikhdom's holiest shrine since 1986. At least one person was killed and four injured, police said. UPI
      UPI  -  42 words
    • Article
      Lock icon Curfews in Karachi
      41 20 UPI TROOPS enforced curfews throughout much of Karachi yesterday as the casualty toll from more than a week of ethnic violence in the southern port city rose to 42 dead and 166 injured, police and hospital sources said.
      UPI  -  41 words
    • Article
      Lock icon Warsaw workers down tools
      60 20 Reuter WORKERS downed tools at a big Warsaw factory yesterday as a two-week strike wave spread to the Polish capital for the first time, opposition sources said. Up to 80 per cent of the workers at the Ursus factory outside Warsaw stopped work after a strike
      Reuter  -  60 words
  • Article
    Lock icon European common market could cause short-term job cuts, says EC study
    424 20 Reuter ABOLISHING trade barriers within the European Community could bring a short-term increase in unemployment but more jobs, higher growth and lower prices thereafter, according to a major study published by the EC's Executive Commission in Brussels yesterday. The
    Reuter  -  424 words
  • Article
    Lock icon EC sees substantial gains from integration of financial services
    305 20 Reuter THE INTEGRATION of financial services markets in the European Community (EC), planned for completion by the end of 1992, should bring substantial economic gains for the bloc, a study published by the EC's executive commission said. The study estimated the
    Reuter  -  305 words
  • Article
    Taiwan-S'pore venture wins Boon Lay job
    163 20 A TAIWAN-SINGAPORE joint venture has clinched the last major civil works contract for the mass rapid transit project, worth $34.19 million. The contract to build Boon Lay Station and 1.4 km of adjoining twin viaducts went to RSEA International of Taiwan and Hock Lian
    163 words
  • Article
    Chiam stand a surprise: Boon Yang
    359 20 THERE IS no reason for opposition MP Chiam See Tong to reject the government's disclosure of US interference in Singapore's domestic affairs, says Dr Lee Boon Yang. The Minister of State for Home Affairs said that neither the US government nor American diplomat E
    359 words
  • Article
    Lock icon China seeks ILO aid to meet expected tourist boom
    138 20 UPI CHINA has asked for International Labour Organisation (ILO) help in preparing for an expected boom in tourism, the UN specialised agency said yesterday. The ILO said the Chinese expect five million visitors a year by 1990 and 10 million by
    UPI  -  138 words
  • Article
    Lock icon 'Foreign investors returning to Bangladesh'
    253 20 Reuter AN EASING of the political crisis in Bangladesh has brought foreign investors back to the country, officials said in Dhaka yesterday. The government on Thursday approved nine joint-venture industrial projects worth US$l5O million. Italians will be the biggest investors, with participation in five projects
    Reuter  -  253 words
  • Article
    Selected recovery in Malaysian housing industry
    108 20 MALAYSIA'S housing and property industry is seeing signs of recovery in selected areas, notably the Klang Valley and larger urban areas, despite the generally weak situation at present, said Housing Developers' Association Malaysia president M K Sen in Kuala Lumpur yesterday. He said the
    108 words
  • Article
    Lock icon Former M'sian deputy minister jailed
    117 20 Reuter A FORMER Malaysian deputy government minister was sentenced yesterday to nine months in jail by a Kuala Lumpur court for illegally siphoning off M 5211,000 belonging to a company in which he had a share. Wang Choon Wing, who resigned last year as deputy
    Reuter  -  117 words
  • Article
    Lock icon Comex gold and silver
    96 20 Reuter COMEX GOLD futures gained yesterday on light buying by professionals against a lower US dollar but the market making bulk traders were sidelined, awaiting this week's US Treasury refunding. Around mid-morning, June gold was ahead US$l.OO at U*****.30 an ounce. Silver futures rose in the
    Reuter  -  96 words
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      Page 20 Advertisements Column 1
      41 20 COPPER CATHODES AVAILABLE We have available with us in S'pore 800 tons of Prime Virgin Copper Cathodes of 99.95% purity. Interested parties please contact:— MR ALI HASAN CHEMET HANDEL TRADING (S) PTE LTD TEL: *****83 TLX: RS ***** CHEMET FAX: *****23
      41 words
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      Page 20 Advertisements Column 2
      150 20 ITALY/<f italian Building Materials and Technology at sieexee world Trade centre Hall 4 11-14 May 1988 Italy, which is constantly upgrading its building materials and technology once again invites you to view its top quality products at SIBEX 88. The large range of exhibits on display include: ceramic tiles, marble,
      150 words
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  • SHIPPING TIMES
    • Article
      IMB warns shippers of stolen PVC
      106 21 THE International Maritime Bureau has warned shippers not to buy a stolen cargo of PVC worth US$3 million on sale in Lebanon. Director Eric Ellen said that the IMB was trying to recover the cargo, which was discharged from a vessel diverted from a
      106 words
    • Article
      Special concessions boost PK's traffic
      337 21  -  By G DURAIRAJ SPECIAL tariff rates introduced for selected cargo are showing results at Port Klang in the form of higher traffic and new cargoes One of the most significant increases has been recorded in the import of fruit which shot up to 750,000 crates
      337 words
    • Article
      Lock icon Rotterdam cargo throughput increases by 11pc
      293 21 Reuter CARGO VOLUME in the Port of Rotterdam in the first three months of 1988 rose about 11 per cent to 65.7 million tonnes from a depressed 59 million tonnes in the same period last year. Municipal Harbour Company figures show. Figures for the
      Reuter  -  293 words
    • PORTSIDES
      • Article
        PLA expects drop in cargo traffic
        125 21 TRAFFIC in cargo handled by the Port of London for this year is expected to be down on the 1987 level According to the recent PLA newsletter, the decline will be largely because of a marked drop in fuels, such as oil, oil products
        125 words
      • Article
        Stolt sells bulk liquid terminal
        106 21 STOLT TANKERS and Terminals has sold its bulk liquid storage terminal in Brownsville, Texas to Itapco (Independent Terminal and Pipeline Company) of Houston Itapco currently operates and manages a network of independently operated bulk liquid storage terminals along the US Gulf coast and lower Mississippi
        106 words
      • Article
        Groups oppose port proposal
        179 21  -  From Kingsley Wood A GOVERNMENT proposal to open Australian ports for the use of Soviet fishing fleet has been opposed by the opposition and conservation groups which have warned against allowing the Russians a greater role in the Pacific. But Australian Foreign Affairs Minister Mr Bill
        179 words
    • Article
      CONSORTIA
      162 22 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): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line AuStralia/Straits Container Line Djakarta Lloyd NedHoyd
      162 words
    • Article
      Lock icon Gulf sources unable to confirm attack
      128 22 UPI IRAQ claimed it has attacked two tankers near an important Iranian oil-loading terminal in the Gulf but shipping sources monitoring events in the volatile waterway are unable to confirm the strike. A military spokesman in Baghdad said warplanes attacked two naval targets Iraq's
      UPI  -  128 words
    • Article
      Lock icon Customers worried over box leasing situation
      878 22 Fairplay NEVER renowned for being particularly stable, the container leasing industry has, nevertheless, been radically altered and restructured in the last year by a series of mergers, acquisitions and management takeovers which have effectively reduced the number of "major" lessors from seven to four.
      Fairplay  -  878 words
    • Article
      INDEX TO ADVERTISERS
      794 22 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrans VII 3 American Tpt II 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl i 1/2 A PC line V 4 API III 2/3 Arrow lines IX 5 ASCI
      794 words
    • Article
      Lock icon NUS, Sealink talk fails to break deadlock
      283 22 Reuter A NEW round of negotiations between Britain's National Union of Seamen (NUS) and ferry operators Sealink has failed to break the deadlock in the 14-week-old ferry workers strike. After more than five hours of talks at the London ACAS Conciliation Service on
      Reuter  -  283 words
    • Article
      Lock icon Workers, management negotiation collapses
      194 22 AFP TALKS between strikers and management at the giant Lenin shipyard in the Baltic port of Gdansk which resumed overnight broke down again early Monday, informed sources said. The talks, the third round in an attempt to settle the dispute that has brought the yard to
      AFP  -  194 words
    • Article
      AMEC threatens to shift A$5b work if dispute continues
      395 23  -  From Kingsley Wood AUSTRALIAN Marine Engineering Corporation, owner of Williamstown Dockyard near Melbourne, has threatened to move work worth up to Ass billion elsewhere if unions do not quickly resolve their three-month demarcation dispute. The argument between unions has stopped all
      395 words
    • Article
      Golden to install Pick system
      113 23 HONEYWELL BULL has won a contract worth HKSI.2 million with Hongkong shipping company Golden Fortune Shipping Co for the supply and installation of a Honeywell Bull computer running the Pick operating system. The system, with two megabytes of memory and two 142 megabytes hard disks,
      113 words
    • Article, Illustration
      PEOPLE IN SHIPPING
      249 23 OHM MARITIME, which is poised for expansion, has recruited two senior managers in a bid to strengthen its management. Mr Patrick Lim. former country manager for American President Line has joined OHM Maritime as its general manager (commercial). He will be looking after agency activities of OHM
      249 words
    • Article
      Lock icon TANKER RATES
      243 23 AFP THE CONTINUING volatility of oil prices, following the failure of Opec members to reach an agreement with non-Opec colleagues on production cuts, has inhibited buyers on the tanker market over the past week, according to London brokers E A Gibson. Demand for tonnage is reduced, and current
      AFP  -  243 words
    • Article
      GL expects rebound
      103 23 FOR THE first time in its 39-year history Germanischer Lloyd last year reported a loss of Dml.B million. The loss was attributed to the dearth of newbuildings requiring classification and the October crash which affected its investment portfolio. The society expects a rebound in the present year
      103 words
    • Article
      Leif Hoegh reports better results
      376 23 NORWEGIAN shipowner Leif Hoegh has achieved its predicted improvement in results. The group announced an operating profit before depreciation of NorKrll7 million in the first quarter of this year a rise of Krl7 million. The company claims the improvement is largely due to earnings realised
      376 words
    • Article
      Philseco turns in first profit since 1982
      183 23 THE PHILIPPINE Shipyard and Engineering Corporation last year turned in an operational profit its first since 1982. The Philippine governmeJ3|£awasaki Heavy Industries Ltd yeiit venture made an operationaCflJffit of 7.8 million pesos on ar» unproved turnover of 149 mfJlJOn pesos as against 90
      183 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8440 28 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 Singapore.
      8,440 words
    • Article
      LONDON FREIGHTS
      1142 30 BULLISH freight market sentiment on Friday was prompted by talk that a sharply higher rate had been paid for grain business from the US Gulf to Japan, although this was not substantiated. shipbrokers said. Such chartering was thought to have received U5522.50. $23 or even $24 for May
      1,142 words
    • Article
      SHIPPING EVENTS
      231 30 May 17-18 The remote sensing of oil slicks, symposium. Institute of Petroleum. 61 New Cavendish St. London Wl. May 18-20 IMAS 88 the 3rd International Maritime and Shipping Conference "The Design and Development of Passenger Ships". Organised and sponsored by the Institute of Marine Engineers. 76 Mark Lane.
      231 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      686 21 *%Vl > fyjUtsfurl to, times STP Distributors Tim#* Publishing Croup OOCL ORIENT OVERJCAS Co*Li*t* LINE HgefltS JARDINE SHIPPING AGENCIES (Re( No 242*4 OOK) 200 Cantonment Ro»d #12 05 Southpoint. Singapore 0208 MiIWW Tel *****11 TELEX NO RS ***** If AlilA J| TERMINAL/CFS Tel *****18 220 r feViS 1 BOOKINGS Tel
      686 words
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      Page 21 Advertisements Column 2
      78 21 NEVER renowned for being particularly stable, the container leasing industry has, nevertheless, been radically altered and restructured in the last year by a series of mergers, acquisitions and management takeovers which have effectively reduced the number of "major" lessors from seven to four. Page II AUSTRALIAN Marine Engineering Corporation, owner
      78 words
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      Page 21 Advertisements Column 3
      621 21 ODESSA OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd TEL: *****33 MAERSK LINE USA IS CLOSER TO YOU WITH MAERSK LINE OAKLAND 17 DAYS LOS ANGELES 18 DAYS This week M Tacoma Dosing Time CY 11/5
      621 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      750 22 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ROTTERDAM/ ANTWERP P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN NAVON KAGA OSAKA BAY LIVERPOOL BAY LARGS BAY HC>NG KONG EXPRESS CARDIGAN BAY ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST, DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT KAOSPORE
      750 words
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      Page 22 Advertisements Column 2
      17 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 22 Advertisements Column 3
      440 22 AmTrans--1 AMERICAN TRANSPORT LINES, INC. BY FEEDER VESSEL ACCEPTING CARGO TO ATLANTA, SAVANNAH. BALTIMORE, MIAMI. TAMPA. OTHER U S EAST COAST PORTS ON REQUEST ALSO ACCEPTING CARGO TO CENTRAL/SOUTH AMERICA CRISTOBAL. PUERTO CABELLO, SANTOS. RIO GRANDE PARANAGUA RIO DE JANEIRO BUENOS AIRES. OTHER PORTS ON REQUEST. TO CARIBBEAN RICO. VIRGIN
      440 words
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  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      1041 23 The Straits Steamship Group r Mansfield Container Shipping Re Ltd P&O Containers COWTAIfCRSHIP SERVICE TO UK CONTINENT: N Cjllinf Kobe Nafoya. Shim./u Cjllifif Buian. Kate. Nafoya Tokyo f GULF SERVICE Accepting cargo to Doha. A Dhabi. Mombasa B Abbas t Dar-es sallam via Dubai Also accepting LCL cargoes to Gulf
      1,041 words
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      Page 23 Advertisements Column 2
      506 23 EUROPE SENATOR LIN IE VESSEL AMERICAN SENATOR SINGAPORE SENATOR LONDON SENATOR TOKYO SENATOR ACCEPTING CARGO TO'FRO* NAN ME OTHER UK PORTS ON NEWEST USA/PANAMA a SINGAPORE SEN |EF 110 |21J5 EF 111 TOKYO SEN |EF 112 124 06 NEW YORK SEN EF 013 08.07 G*n«ral Agent EE 810 1704 EE
      506 words
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  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      427 24 HXSINOSI MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRAN TAKHTI IRAN VAHDAT IRANIAN SERVICE Loading for BANDAR ABBAS BANDAR ABBAS 13| KYOWA LINE PNG/S. PACIFIC SERVICE Singapore Loading for: A>VESSEL 30/5 LAE. PM6. RBL. HRA MICRONESIA SERVICE OOEANIA EXPRESS V-14 LOAD FOR GUAM. SAIPAN ASIAN LILY V-42 YAP
      427 words
    • Advertisement
      Page 24 Advertisements Column 2
      552 24 tC&LINE »»»tt tmnmt CM'Mi rum FULLY CONTAINERISED SERVICE fUUY CONTAINfRISEO TO FROM NORTH AMERICA WfST COAST ■rORfMOTHER VESSEL HKC ME PACIFIC PROSPERITY 18E MKC 54E.HANJIN KUNSAN 31E KJJ 43E HANJIN KWANCYANC 45E KJJ 43E KOREAN WONIS JIN 7SE SSB 65£ KOREAN WONIS SUN 70£ SSB Ss€ HANJIN BUSAN WE KCH
      552 words
    • Advertisement
      Page 24 Advertisements Column 3
      356 24 I r freight links express PTE LTD DIRECT SERVICE TO MADRAS: SAILING 13/5 EURO-AFRICA SERVICES SIN FOR: PORTO, LISBON, ORAN, BILBAO 14/5 MADRID. MALAGA, MELILLA, 28/5 TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER ISTANBUL U.S.A. SIN LBH NYC ALSO ACCEPTING TO 10/6 6/7 22/7 CHICAGO. BOSTON, JAV, PHIL, SAV,
      356 words
    • Advertisement
      Page 24 Advertisements Column 4
      1319 24 SHIPPING TIMES, Tuesday, May 10, 1988 Full Container Service ound-The-World East Bound (FE/CARIB/USEC/EURO/FE) m K? K 8g 2? ML NYC LHV AM ROM HBC SGP EVER GENERAL 13/5 17/5 18/5 20/5 23ft 29/5 EVE* CLOSE 21,5 25/5 2*5 2t/5 31« 3* £1 ["I W i« 2* 4/» t EVER CROUP
      1,319 words
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  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      1024 25 4 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE II VEMCL SEA DRAGON SEA HAWK KOTA EAOLE SEA HAWK VESSEL SEA FORTUNE INTEGRA SEA FORTUNE INTEGRA VOY SIN Nil SLD M2l 15/5 M2l 22/5
      1,024 words
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      Page 25 Advertisements Column 2
      520 25 \a BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Oukj Bay 22 5 Liverpool Ba, 2*5 IJ'P 21'5 Honftonf Eiprtu I Cardigan (ay iw Rhtnt Maru 174 To»io Eiprtu 234 Mwnburj Eiprtu 2ti W lift IK* 1M I*4 IM 2M 2M 22ft 24ft 2M 2M M M *4 IM 1/7
      520 words
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      Page 25 Advertisements Column 3
      497 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAWUPEM MOOiEStA P.T. JjjKjjM LLOYD r EXPRESS SEMI CONTAINERSHIP SERVICES 1 SINGAPORE TO EUROPE VSL/VOY SRIWIJAYA/23W8 OCEAN PRIMA/10WB UNISIERRA/CP29/WB PALEMBANG/9WB BILBAO ANTWERP H'BURG/ 10-13/5 17-20/5 30/5-2/6 10-13/6 RDAM/ADAM BREMEN Subject to Inducement. Also accepting cargo to CaeaManca,
      497 words
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      Page 25 Advertisements Column 4
      400 25 BOUSTEAD SHIPPING AGENCIES 101 KAN V 133W PAGAN VIZ7W AVA V9O PA AN V/124W c PAGAN VUI BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) S'pore VU May 3/10 May 4112 May 11/13 May 21/30 May Loading for Rangoon P.Kelang Penang Bang BANK LINE SEMI-CONTAINER SFRVirr TAUSALA SAMOA VI2N MORAYBANK
      400 words
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  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      655 26 'K'linb KAWASAKI KISEN KAISHA, LTD. N. AMERICA-ATLANTIC COAST ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE VOY *INDO 8 7/5 8 14/5 17 21/5 9 30/5 ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE VIA FEEDER •PK/PNG *INDO N. AMERICA PACIFIC SOUTH-WEST EUROPE (Member of ACE) NEPTUNE CRYSTAL CHINA CONTAINER
      655 words
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      Page 26 Advertisements Column 2
      331 26 Accepting LCL and containarlMd cargo** Direct to South Africa OSAKA MARU 5339f VIRGO 0301F HAYAKAWA MARU 5435F VAAL SI3SG ANJOU 016G NEOUOYD COLOMBO 5234 C down Durban Sid SM SW Ski 14/5 17/5 SB a f JAROINE SHIPPING AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAD #12-05 SOUTHPOINT, SINGAPORE 0208 Tel:
      331 words
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      Page 26 Advertisements Column 3
      807 26 INDIA EXPRESS CONTAINER SERVICE Accepting >mgapo FCL/FCL Container* ORIENT SUCCESS V 107 IS kU< S O MANIPUR V 37H IS May TICtR BAY V ft 1) «u, INDIAN COURIER V 30N 24 May AGIOS ANDREAS V C I 24 May ORIENT SUCCESS V 101 1 June S O NACAIAND V
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      Page 26 Advertisements Column 4
      763 26 GOLDEN LINE GIV GUAN GUAN SHIPPING (Pit) LTD V a. Tttok Ayor Stroot SINGAPORE 0104 TEL 534JM1 (IS LINES) Fai ******4 STRAITS/PERSIAN GULF SERVICE: S pore P K«t»nf Pew* GOLDCN BEAR Cotombo/KMcfcOubii 20(21 May GOLOtN HARVEST Colombo K»»cfci Dubai W June CHINA SERVICE DAI rud SHAN Dalian In Port A
      763 words
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      Page 26 Advertisements Column 5
      523 26 I PHILI-Oni€NT LIN€S PT€ LTD I\P HfAD OFriCf 63 ROBINSON ROAD -07 1? AFRO ASIA BUILDING SINGAPORE 0105 Tflt* RS ***** PHIil fAX *****76 EAST/FM EAST Fa ft LCI SOYCE ETA SINGAPORE IK2KEI DUBAI DAMMAN KUWAIT. BOMBAY DOHA MUSCAT. BAHRAIN. ABU DHABI A SHARJAH JEDDAH HODCIDAH, AQABA TBN NEW GENLORD
      523 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      704 27 NEPTUNE ACENCIES PTE LTD FE EU/AUST TPA/SEA Q*n«r»l Enquiries: T«l: *****77 Terminal CFS BOOKINGS *****53 *****42 *****22 *****53 27*119 *****16 NEPTUNE ORIENT LINES LTD P Kelang NEPLINE SON BHD 36MM? K Lumpur NEPLINE SON. BHD. 2C***** Penjng NEPLINE SON BHD *****5/6276«0/*****1/67?t62 J.Bahru NEPLINE SON. BHO. *****0 *****1 *****53 *****42 *****19
      704 words
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      Page 27 Advertisements Column 2
      359 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P. KELANG. PENANG. BUSAN. INCHON STRAITS/KOREA SERVICF Vessel s Name ETD BS BKK S PORE PKELANC M Enterprise/IO6N 26/04 09/05 14-17/05 17 11/05 No 9 Donam 803N 30/04 16/05 19-71/05 22-23/05 No 8 Donam 804N 09/05 22/05 25-27/05 21-29/05 No 6
      359 words
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      Page 27 Advertisements Column 3
      665 27 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P KELANG MESSRS HAI THONG SHIPPING 127 Penang Street. Penang. Malaysia M S HANDLING SYSTEM
      665 words
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  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      375 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 ,30 l.nes FAX *****39 *****76 TUEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTF RACHT/SEE REEDERE I ROSTOCK INTEGRATED FULL CONTAINER SERVICE TO EU*OP£ S TOUt -CBO -INACA A WERP R DAM HBURC E THAELMANN 488 RUHLAND 4
      375 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      184 28 VA Regional Weather b A m m n S s «a y 2 s iCI 2 s* to > S3 Jz C s» I eg s> fl« -s& SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm TemDerature °C Temperature y Shower Weather w »»d direction
      184 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1824 29 •'FARGO SHIPPING CO¥PANY<PWLTD N0.15 Hoe Chiang Road #13-02 Sanford Building, Singapore 0208 Tel: *****22 Tl*: ***** FASCO ABC CONTAINERIZE N.V. WE HAVE GOT THE FASTEST TRANSIT TIME TO AOSTRALIA! NEXT VESSEL: ELLEN HUDIG 201 ETA 24/5/08 Only 7 days to Fremantle Only 12 days to Melbourne Only 15 days to
      1,824 words
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      Page 29 Advertisements Column 2
      152 29 UNIPACIFIC TRANS TRADING AGECY PTE. LTD. [I] IRAQI LINE I**ol S T »Tf fH T i RPRISf »0« ■**ITIHf IMBJPO*' WEST BOUND SERVICE ETA S PORE LOADING FOR *«V RORO AL-ZAHRAA 12'5 Hodt.Oah Jeddah Aaaba MV RORO BALQEES 14/5 NaM**! jeddah Aoaßa MV BABYLON 27* Hodeidah Jeddah Agaba THROUGH B/Li
      152 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      336 30 Hai Sun Hup Co (Pte) I r EL *****06 (20 Lines) TLX RS ***** RS K. I \S| I K\ \K MM R III). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT Yokohama 23/5 Nagoya 20/5 Osaka Senboku Mojj 'Subject to cargo inducement NOTE ™i5?. CALLING OTHER JAPANESE PORTS,
      336 words
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      Page 30 Advertisements Column 2
      445 30 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANAOA/MEX ICO AND FRENCH WEST INDIES Sport LtHayrt Connecting <fSI 16/5 Hi NUERNBEG ATL. a/5 ili DUSSELDORF EXP 30/5 16/6 STUTTGART EXP. VSI Spore LtHayrt Connecting VSL F°r: H DELFT V 142 1 6/5 m NUERNBEG ATL NIHON V 152
      445 words
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      Page 30 Advertisements Column 3
      74 30 ES WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK LONDON, MARSEILLES Agent NIHMHUU SHIPPING (S) PTE LTD Tel: *****88 (8 Lines) Tlx: RS ***** SEAFIX INDONESIA/JAPAN SERVICE SPORE PBARU PTK BJM LOADING FOR 25/5 23/5 29/5 OSAKA. NAGOYA. TOKYO RED SEA/E. MED. SERVICE P BARU SPORE PK LOADING FOR:17/5 15/5
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      Page 30 Advertisements Column 4
      732 30 win CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE I K. LUMPUR *****53/*****11 <04-*****2/4, *****3 '07-*****8 07-*****3, *****5, *****0, *****1 '02-*****22 *****88 EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER 8 BUTANC 443 SINGAPORE LEHARVE 02 Of IM HAMBURG GOTHENBURC B BUTANC 447 B BUTANC 449 Hi f! T"iJ
      732 words