The Business Times, 10 June 1988

Microfilm: NL16204
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, JUNE 10, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    268 1 AFP Dow Jones lower NEW YORK share prices see-sawed In early trading on the New York Stock Exchange yesterday, but with profit-tak-ers dominating. The Dow Jones Industrial Average started the day on the downside, following Wednesday's 48.36-point surge Prices then picked up and at 11 00am, the
    AFP  -  268 words
  • Article, Illustration
    Metro expected to sweeten results with 1-for-4 bonus
    424 1  -  By CORRINA LIM RETAILER METRO Holdings Ltd, which is likely to announce record earnings of about $30 million for the last financial year today, is expected to sweeten the results with a one-for-four bonus issue. Analysts said this would be Metro's best-ever
    424 words
  • Article
    Dollar falls against yen and mark
    143 1 THE US DOLLAR weakened against major currencies on Asia's foreign exchanges yesterday in spite of news that Japan had a lower trade surplus with the US in May. Dealers said the US dollar was weaker against the West German mark because of comments by
    143 words
  • Article
    Japanese life insurer sets up fund management unit
    517 1  -  Meiji's subsidiary has initial paid-up capital of USs3om By DEXTER LEE JAPAN s oldest life insurance company. Meiji Mutual Life Insurance Company, has followed the footsteps of Nippon Life and Sumitomo Life by setting up a fund management subsidiary here to manage
    517 words
  • Article, Illustration
    Tokyo stock market hits new high
    175 1 SHARE PRICES in Singapore climbed in early trading yesterday but profit-taking emerged later to pare gains, causing the Straits Times Industrial Index to close 209 points firmer at 1042.60 The Business Times Composite Index added another 1.78 points, closing at 922 38 Tokyo share
    175 words
  • Article
    Lock icon KL not building second causeway
    287 1 Bernama THE Malaysian government has never considered building another causeway between Johor and Singapore but is studying the possibility of building a bridge across the Tebrau Straits. Malaysian Information Minister Datuk Mohamed Rahmat said. He said the government did not plan to build a second
    Bernama  -  287 words
  • Article
    Lock icon Beijing alerts Americans about possible terrorist attack
    177 1 AFP THE US Embassy in Beijing acting on advice from the Chinese government, told its citizens yesterday to be on guard against a possible terrorist attack. China had told the embassy it had information that "nationals of a third country may be planning
    AFP  -  177 words
  • Article
    Lock icon V David offers to appeal to AFL-CIO to drop GSP petition
    484 1 AFP. Bernama MALAYSIAN trade union leader V David yesterday offered to urge a US labour organisation to drop its petition to the United States Congress to remove Malaysia from the Generalised System of Preferences (GSP). Mr David, secretary-general of
    AFP.; Bernama  -  484 words
  • Article
    Lock icon China considers issuing shares to foreigners
    160 1 Reuter CHINA is considering a proposal by a state-owned car plant to issue shares in yuan and foreign exchange to foreigners and Chinese. the Beijing Financial Times said yesterday. If approved, it would be the first time foreigners are permitted to buy shares in
    Reuter  -  160 words
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      Page 1 Advertisements Column 1
      166 1 -TTTT7 ADVANCED BATTERIES for commercial, industrial military applications "Crn-oNES THE BEST THING THAT'S HAPPENED TO BANKING SINCE..." "Since I can't remember when. "I /jet my own Personal Citibanker to help with all my money matters. I get Maxi-Save so every dollar of m*v money gets moved into savings to earn
      166 words
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      Page 1 Advertisements Column 2
      388 1 Costly trial brewing ERNEST SAUNDERS, ex-chairman of Anglo-Irish brewing company V Guinness, who used to earn £175.000 j? a year is now living with friends in mT London after selling his home. According to his lawyers, he's "Y* unemployed and broke. And, legal sources say. the cost of his trial
      388 words
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      Page 1 Advertisements Column 3
      57 1 Ita EP49OZ with Simul-Color. Vitalis MOUSSE FOR MEN Vitalis Mousse for Men delivers full-bodied, natural control. Allows hair to be blown and shaped the way you want it. Then holds the style in fc I place. No stiffness. No sticky build-up. Just a clean-feeling, healthy shine. Jfl Trademark Authorised User
      57 words
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  • HOME NEWS
    • Article
      Training scheme by aviation firm
      374 2  -  Comprehensive five-year arrangement is a first for local industry By MARTIN SOONG DOWTY AVIATION SERVICES yesterday announced an apprenticeship scheme which is intended to meet the company's manpower needs for a major expansion soon into helicopter repair. overhaul and maintenance The scheme comes in the
      374 words
    • Article, Illustration
      It's all in the name, Sony dealers told
      480 2  -  By ANNA TEO TELL THE CUSTOMERS with confidence that it's made by Sony, never mind which Sony plant around the world the product came from. The sales pitch came from Mr Norio Ohga, president and chief operating officer of Sony Corporation. to
      480 words
    • Article
      Two garment makers wound up
      313 2 TWO garment manufacturing companies associated with the Lim family of Emporium Holdings have been wound up by the High Court. An order to wind up Lim Seng Huat Industries (Pte) Ltd and Lim Seng Huat Manufacturing (Pte) Ltd was issued on May 27. This effectively
      313 words
    • Article
      Class for students taking up higher studies in France
      358 2  -  By TAN KEE WEE PLANS are being evaluated to set up a preparatory class for Singapore students who wish to pursue higher studies in France The French-Singapore Institute (FSI) and the Economic Development Board (EDB) are behind the plans. Such arrangements
      358 words
    • Article
      China officials to attend travel fair
      150 2 SENIOR tourism officials from China will be coming to Singapore next month to attend a travel fair at the World Trade Centre. Santa Tours Travel, which is organising the Dragon Year China and international travel fair with Santa Advertising Marketing, said the group of
      150 words
    • Article
      CAP wins DBS contract for credit card management software
      336 2 CAP Information Systems, a British software house, has been awarded a contract worth more than $500,000 by DBS Bank to supply a credit card management software package The package, known as Cardpac, is marketed in Singapore by CAP. a subsidiary of
      336 words
    • Article
      Chase launches Visa card drive
      400 2  -  By LEONG WEN WAH CHASE MANHATTAN BANK has launched a membership drive for its Visa credit card, in an attempt to consolidate its market share before the debut of Visa cards sporting the logos of DBS Bank and United Overseas Bank The American bank started
      400 words
    • Article
      New transmission systems to upgrade Telecoms operations
      286 3  -  MtfiMMsiafffi By LILY FERNANDEZ TELECOMS will upgrade the linkage of its 26 exchanges with new optical fibre transmission systems bought from Finnish company Nokia Telecommunications. Under a contract worth about US$4 million, Nokia will supply 65 systems of Muxcard higher order digital multiplex
      286 words
    • Article
      Hotel buys $1m computer system
      269 3 WHEN IT THROWS its doors open next month, Carlton Hotel will be equipped with one of the latest computer systems in hotel management. Carlton's owners have bought a $1 million hotel management system from West Germany's Nixdorf group. Hardware for the management system is supplied
      269 words
    • Article
      Telecoms cuts rates for sea satellite and radio telex services
      598 3  -  By LIM SOON NEO RATES for maritime satellite and radio telex services will go down from next month, Telecoms announced yesterday. Telecoms subscribers will also be able to buy cheaper telephone sets. But those who send telegrams and post parcels
      598 words
    • Article
      UK communications firm expands Singapore set-up
      276 3 A $100 MILLION local market for communications processors is one reason why a UK data communications multinational has set up a regional office here. CASE Communications Ltd, which plans to corner 10 per cent of this market by the year's end, was also attracted
      276 words
    • Article
      SATS sees 14.7pc increase in operating revenue
      399 3  -  By TONG SUIT CHEE LIKE its high-flying parent company. Singapore Airport Terminal Services (SATS) had a good financial year with operating revenue soaring by 14.7 per cent to $251 million. The operating surplus of the wholly-owned subsidiary of Singapore Airlines showed a 12.4
      399 words
    • Article
      SIA places $1.3b worth of liquid assets into trust
      270 3 SINGAPORE AIRLINES has put $1.3 billion worth of liquid assets into an irrevocable trust, said managing director Dr Cheong Choong Kong. Together with income earned, the trust will be able to meet aircraft lease rentals of $16 billion. These amounts have
      270 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      153 2 arami s ARAMIS AND DAD ONE CHAMPION TO ANOTHER Show Dad he's champion, with the Aramis Pacesetter Bag. Your FREE GIFT with any $68 purchase from the Aramis, Aramis 900 or Aramis Devin fragrance and grooming collections. f •> I T f'iPßit V v T*» tlmfc S.-v I* t -."v""
      153 words
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      Page 2 Advertisements Column 2
      144 2 Treat your family to a sumptuous Chao Zhou provinaal meal at the Chao Zhou Garden Restaurant. Ask for our special set menu ranging from $28+ for 2 persons, 155 for 4-5 persons or $88 for 6-8 persons. A delectable choice of Chao Zhou dian xin are also available on the
      144 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      114 2 WW® r Max/ Not* Min (°C) 17/11 Roin 17/12 Roin 32/17 Cloudy 36/29 Cl*or 33/25 Cleor 31/25 Cl*or 30/19 O'catt 19/12 Sunny 28/15 Claar 22/15 Cloudy 29/26 Claor 25/12 Showers 20/08 Fin. 21/09 Cloudy 14/05 Cloudy 36/20 Cloor 16/12 Roin 10/03 Cloudy 34/18 Clear 24/17 Roin 30/20 Smote* 15/05 Cloudy
      114 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      257 3 V I t V A FIRST/THIRD AVENUE ..A y*. «t> ►w. f;V w*± «L c bis, •i ¥a > 3 3« r m A\ v< s» n*>,v >* it 'V r ■J /a f 4 W X? W. 4 «2-*|. r ASTRID A MEADOWS QUEEN ASTRID PARK U BELMONT PARK
      257 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Japan likely to unveil new debt proposal at summit
      399 4 Reuter JAPAN looks set to unveil a new plan to cut the crippling debt burden of Third World nations at an economic summit of leading industrial democracies later this month, banking sources said in Tokyo on Wednesday. The proposal seeks to
      Reuter  -  399 words
    • Article
      Lock icon Aussie study hits out at high debt
      94 4 Reuter THE HIGH LEVEL of Australia's foreign debt has placed it in danger of a financial crisis, said a study sponsored by the Australian Chamber of Commerce and Westpac Banking Corp. Australia's net externai debt rose to 31 per cent of gross domestic
      Reuter  -  94 words
    • Article
      Lock icon Australia and Japan plan high-tech city
      259 4 Reuter AUSTRALIA and Japan are planning to build a high-tech "city of the future" on the outskirts of a major Australian city, the Australian government said yesterday. The futuristic development, expected to attract investment and skills from all over the world, would have a
      Reuter  -  259 words
    • Article
      Lock icon Thais to discuss Asean car in KL
      191 4 Bernama A THAI delegation led by deputy permanent secretary (industry) Samnao Chulakarat will arrive in Kuala Lumpur on Monday to discuss the development of an Asean car with their Asean counterparts. The two-day meeting is aimed at formulating guidelines for the joint development
      Bernama  -  191 words
    • Article
      Lock icon New Delhi and Beijing sign trade protocol for 1988
      189 4 AP INDIAN and Chinese officials on Wednesday signed a trade protocol for 1988 after three days of negotiations, the official Xinhua News Agency reported on Wednesday. The agreement, which governs the mostly government-to-government trade between the two countries, was signed by
      AP  -  189 words
    • Article
      Lock icon UK eyes contracts worth £120m
      229 4 AFP BRITAIN hopes to sign trade contracts with Indonesia worth £120 million (USS2I6 million) before September. British Energy Minister Cecil Parkinson said in Jakarta on Wednesday. Discussions on seven projects ranging from railway electrification to construction of a radio and television station and a harbour
      AFP  -  229 words
    • Article
      Lock icon Sri Lanka vows to act on trade problems
      125 4 Reuter SRI LANKAN President Junius Jayewardene said he would make every effort to settle trade differences with countries that buy the island s tea Earlier Colombo Tea Traders Association president Michael De Zoysa said Egypt, Iraq and Pakistan had expressed concern that
      Reuter  -  125 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      947 4 ARRIVALS Operator Service Local From number time MAS MH640 0820 KUL su SQ43 0835 DMA MAS MH651 0910 PEN KAL KE697 0910 SEL/MNl PUGHTN172FE ***** CXI WAYS MAS MH630 0920 KUL SU SO 103 0950 KUL CPA CX710 1015 CGK SWR SRI 86 1025 ZRH/RKK GlA GA960
      947 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      328 4 Bonn forgives USsso.sm in debts, Page 5 Tokyo to give more and better foreign aid, Page 8 HIGH-POWERED AND LUXURIOUS, THE LATEST BRAIN-CHILD OF SAAB'S INNOVATION The new SAAB 9000 CD has the classic shape, comfort, prestige and quality expected from a sedan yet its performance potential is beyond the
      328 words
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      Page 4 Advertisements Column 2
      64 4 1 I II \I I II 11 i The business person's chotce every I I II \I I II II I Tuesday, Thursday, Saturday and Sundoy I A I w\ /1 \l Leaving Changi A«port ot 22:05 J i\ y 1 M V JX. hours and arriving Heathrow eorty the
      64 words
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  • REST OF THE WORLD
    • Article
      Lock icon EC spends 3pc of GNP on subsidies
      167 5 Reuter EUROPEAN COMMUNITY governments spent 3 per cent of their total economic output on subsidies to industry and others in 1986, with farming, railways and coal the biggest beneficiaries, according to an EC study. The 12-nation Community's Executive Commission on Wednesday announced the
      Reuter  -  167 words
    • Article
      Lock icon SEC chief sees growing risk of securities fraud from abroad
      288 5 Reuter CROSS-BORDER securities trading has expanded opportunities for insider trading and market manipulation, US Securities and Exchange Commission chairman David Ruder said in Washington on Wednesday. As a result of market globalisation, the Commission is increasingly faced with situations in
      Reuter  -  288 words
    • Article
      Lock icon Senate fails to override trade veto
      371 5 Reuter PRESIDENT Ronald Reagan prevailed in a showdown with Congress over trade policy on Wednesday as the Senate failed to override his veto of tough trade proposals designed to pry open foreign markets. The 61-37 vote was five short of the two-thirds needed to
      Reuter  -  371 words
    • Article
      Lock icon Japan welcomes failure of bill
      83 5 AP JAPANESE government and business leaders yesterday welcomed the US Senate's failure to garner the two-thirds majority needed to override a presidential veto of a major trade bill. "The omnibus trade bill includes protectionist clauses We welcome the (fact that the) omnibus trade bill did
      AP  -  83 words
    • Article
      Lock icon 'Next US president should curb consumption'
      349 5 AP THE NEXT president of the US should impose sales taxes to discourage Americans from buying so much, a top Japanese economic planner said. "The need to dampen US domestic consumption" should be the top economic concern of the seven Western leaders holding their
      AP  -  349 words
    • Article
      Lock icon Carrington says world is a more hopeful place
      277 5 Reuter OUTGOING Nato secretary--general Lord Carrington, reviewing his term in office, said on Wednesday that the world was a more hopeful place than it was four years ago. "I think if you look at these past four years, due to (Soviet leader
      Reuter  -  277 words
    • Article
      Lock icon Bonn forgives US$50.5m in debts
      120 5 AP THE WEST GERMAN government announced on Wednesday that it was forgiving 86 million marks (about US$5O.5 million) of debts owed by some of the world's poorest nations. Chief government spokesman Friedhelm Ost said that the government has forgiven some debts owed by the Central
      AP  -  120 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      602 5 ALL JEWELLERY SET IN 18K GOLD 43 tag PnncassCut Diamond 1 OOct. Oiamonds 0 25cts SS 12.800 SS 6 500 45 Ring Emerald 2 19ds Diamonds 1 (Mcts SS 24.900 SS n 850 46 tag Emerald Cut Diamond 0 88ds Oiamonds 0 62cts SS 11.850 SS 6 200 48 fractttt
      602 words
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      Page 5 Advertisements Column 2
      199 5 ANG TAI-CHI and MOVING MEDITATION Group practosmg mt be held at Si Ignatius Hail on Tue Thur Bpm 9pm. Commenang on sth July 1968 9 SPECIALLY PREPARED LESSONS Individual practising arrangements tor busy protesswnais wi be held at Far East Shoppng Centre Alto available on Tai-ji A Qigong Vtoeo Courses
      199 words
  • Page 5 Miscellaneous
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  • COMMODITIES
    • Article
      Lock icon Japan switching to plantation timber
      322 6 Bernama JAPAN'S future log imports will come more from plantation timber than natural forests to maintain the raw material requirements of its existing wood-based industry, according to the Malaysia Timber Industry Board (MTIB). The MTIB said on Tuesday the current gap in market prices between
      Bernama  -  322 words
    • Article
      Precious Metals
      414 6 HONGKONG: The yellow metal closed easier yesterday mainly on moderate selling by overseas investors in the morning session Dealers said there was good technical support near US$454 an ounce. Gold recovered slightly on local buying orders in the afternoon session, pushing prices near the day's high by the
      414 words
    • Article
      Palm Oil
      420 6 MALAYSIAN CRUDE PALM OIL FUTURES closed limit-down in weak trading on the KLCE yesterday The downward trend was due to sharp erosion in Chicago soybean futures complex coupled with news of rain expected in the soybean growing areas The physical market was weak in sympathy with the bearish
      420 words
    • Article
      Produce Prices
      240 6 Chinese Produce BWP FOB NSW 1 190.00 C-1 Ord unq Exchange Gambier Loonzain Rice Sellers' noon closing prices on FOB NSW 180.00 100% 1st grade unq June 9 (SS/100 kg) FAMA 100% 2nd grade 305 Coconut oil Closing prices an June 9 100% 3rd grode unq Bulk FOB
      240 words
    • Article
      Wheat
      175 6 WHEAT FUTURES on the Chicago Board of Trade eased from midday levels to close near the lows on Wednesday, down 8% to 5% US cents per bushel, with July settling at US$3 69% A sell-off in the marketleading soybean pit prompted continued speculative long-liquidation in wheat. The growing belief
      175 words
    • Article
      Rubber
      366 6 SINGAPORE The market closed easier yesterday with July One RSS buyers price quoted at 284 50 cents a kg. down 6.50 cents from Wednesdays close Opening prices were marked down five cents on some selling following falls on the Japanese market and thereafter, fluctuated within narrow ranges in thin
      366 words
    • Article
      RAS and MRELB
      272 6 RAS prices in S cents/kfl. FOB in bales NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 290.00 295.00N 283.50 288.SON In* 1 RSS July 88 291.00 292.00N 284.50 285.50 tot 1 RSS August 294.00 296.00 288.00 290.00 Int 2 RSS OP 284.00 288.00N 282.50 286.50N
      272 words
    • Article
      SSR and SMR
      82 6 (canto/kg) JULY 1988 AUGUST 1988 (current month) (forward month) D AC NOON NOON HAo tuyers Sellert Suyerj Seller! SSR 30 258 00 263.00N 258.00 263.00N SSR 50 256.00 261.00N 256.00 261.00N MRELB fciyto Seller, 8uyer» Seller, SMR CV 595.00 599 00N 597 00 601.00N SMR L 605.00
      82 words
    • Article
      Soybean
      169 6 SOYBEAN FUTURES on the Chicago Board of Trade traded lower the whole of Wednesday and closed on or near the lows, down 30 to eight US cents per bushel in active trade. July settled at US$B 60V4, down 21% cents Locally heavy rains in western soybean producing areas and
      169 words
    • Article
      London Markets
      306 6 London High/Low 230.20/***** M'sion polm kernel oil 5%pc Tone: Soles: (1750) Commodity Exchange Oct 219.20/219 40 High/Low 226.20/219 00 Sales (6433 CIF Rotterdam Jun/Jul Jul/Aug 565pd (565pd) 565slr (580pd) Zinc High Grade Cosh 777/782 Buyer/Seller closing prices on Raw Aug/Sep 575slr (585pd) (770/775) June 8 (£/tonne unless No
      306 words
    • Article
      KL Tin
      177 6 THE PRICE ol tin on the KLTM held unchanged at yesterday's close at M 518.21 a kg. Trading was cautious. A larger offering prevented prices from rising further. Turnover was 99 tonnes against 83 on Wednesday with miners reappearing to dispose on fears of a fall in prices
      177 words
    • Article
      Oil and Products
      93 6 A SLIGHT REBOUND on the crude market yesterday did not affect the products market which remained in the slump. Closing prices for crude (FOB origin) US$/borr*4 Oiong* Topu Own*) 17.00 -0.03 Mtnoi (juna) 16.96 undi Dutooi (My) 14.38 0.08 W#st T««os Imvrmadiat*, WTI (July)* 17.36 -0.01 New
      93 words
    • Article
      Lock icon Opec to try for harmony again
      587 7 Reuter DEEP, politically tinged divisions confront the Opec cartel which will try again in Vienna talks this weekend to agree on measures to stabilise world oil prices. Ruling prices in a generously supplied market are below an Opec target of US$lB a barrel, and
      Reuter  -  587 words
    • Article
      Lock icon UN fund nearing operational level
      283 7 Reuter A UNITED NATIONS fund which would help finance international agreements to stabilise commodity prices should win enough support this week to set it in motion, a UN spokesman said in Geneva on Tuesday. The UN Conference on Trade and Development (Unctad) common fund was
      Reuter  -  283 words
    • Article
      Lock icon Panel formed to settle cocoa row
      317 7 Reuter COCOA PRODUCER and consuming nations have formed an experts' panel to try to end a dispute which has forced suspension of an accord to support prices for the last three months, delegates at talks held in London said on Wednesday. The talks are
      Reuter  -  317 words
    • Article, Illustration
      Lock icon Indonesian rubber traders urged to use exchange
      303 7 Reuter INDONESIAN Trade Minister Arifin Siregar urged his country's rubber traders to create an organised market by using the government-run commodity exchange Speaking on Wednesday at a two-day conference held in Jakarta by the Indonesian Rubber Association, he said traders should cooperate with
      Reuter  -  303 words
    • Article
      Lock icon Taiwan said to be thinking of buying Chinese coal
      225 7 Reuter TAIWAN is considering changing its trading policy and buying coal from China, US industrialist Armand Hammer said on Wednesday. Mr Hammer, the chairman of Occidental Petroleum, told a news conference that he was in Taiwan to try to arrange a
      Reuter  -  225 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      105 6 "Buthowdovou of stains,inspector?" "Loboflor." You don't have to worry about who-done-it with Loboflor: the unique carpet with the ten-year guarantee. Loboflor has up to 80 million fibres in every square metre. With most stains, it's simply scrape and wipe for a clean getaway. Now Loboflor is available in an attractive
      105 words
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      Page 6 Advertisements Column 2
      776 6 I MMP PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING (Pursuant to Section 308(1) NOTICE IS HEREBY GIVEN In pursuance to Section 308(1) of the Companies Act. Cap. SO. that a general meeting of the abovenamed Company will be held at 9 Penang Road #10-07. Supreme House.
      776 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      314 7 OVERSEAS UNION BANK LIMITED > c "V '*te<3 r m QepuOK o» S-rgapcet U5530,000,000 CAPPED NEGOTIABLE FLOATING RATE CERTIFICATES OF DEPOSIT DUE 1990 Holders of Certificates of Deposit of the above issue are hereby notified that for next interest period from June 10, 1988 to September 12, 1988 the following
      314 words
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      Page 7 Advertisements Column 2
      196 7 Orchard Road Only one first class hotel is right in the middle. The Crown Prince Hotel. Completely surrounded bv the \nvid colour and constant excitement of Orchard Road. It is indeed the crown in the jewel All around, in even direction, there are stores and shopping centres, banks, business houses,
      196 words
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  • FOCUS
    • Article, Illustration
      Lock icon Japanese investments are everywhere ...
      933 8 Japanese investments are everywhere next raid will be by medium-sized companies The Economist JAPAN s wave of foreign direct investment is cresting. In the financial year to March, investment overseas was US$33 billion, 50 per cent higher than in fiscal 1986; in the year before, the rise was 83 per
      The Economist  -  933 words
    • Article
      Lock icon Tokyo to give more and better foreign aid
      636 8 While its foreign investors are swarming major countries around the world, Japan is planning to take on a greater role in the world economy. Japan is expected to unveil a new five-year foreign aid plan soon and its meat farmers are increasingly
      FT  -  636 words
    • Article, Illustration
      Lock icon Many farmers not cowed by impending US competition
      500 8 Reuter NOT ALL JAPANESE farmers see red when they discuss the liberalisation of US beef imports some of them say they're confident they can compete. Remarks by farmers in cattle country belie the image portrayed by government and agricultural lobbyists that Japan's
      Reuter  -  500 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      232 8 SINGAPORE GOVERNMENT OFFERING OF TAXABLE BOOK-ENTRY BONDS TO THE PUBLIC, 10 JUNE 1988 Amount offered Issue code Issue date Maturity Date Interest rate Price Interest payment dates First int payment date Min denomination available Method of sale Competitive applications Non-competitive applications Accrued int payable by investor Closing date of applications
      232 words
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      Page 8 Advertisements Column 2
      122 8 The Sanwa Bank Limited (SINGAPORE BRANCH) U. 5.550,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE DECEMBER 12, 1989 In accordance with the provisions ot the Certificate, notice is hereby given that for the interest for the period from June 10,1988 to December 12,1988 the Certificates will carry a
      122 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      652 8 CRYPTIC PUZZLE ACROSS 4 Game little chap given a trial (6) 7 Tubes of paste (8) 8 Adjusts aptly, with the aid of Ada (6) 10 Accident at tennis? (5) 13 Gang having ways to get credit (4) 14 Forwarded in tens (4) 15 It sounds a bit like a
      652 words
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  • TECHNOLOGY
    • Article, Illustration
      Maxwell to buy Science Research from IBM for US$150 million
      346 9 BRITISH media tycoon Robert Maxwell has entered into an agreement to buy over a company belonging to computer giant IBM for US$l5O million cash. The purchase of Science Research Associates (SRA) and subsidiaries will give Maxwell Communication Corp (MCC) a
      346 words
    • Article
      Lock icon Pop-up database can be a boon for report-writing but it is not perfect
      675 9 1 I?®©***** By JT ANYONE who has had to do research of any kind on a PC must, at some time or other, have wished that information could truly be at one's fingertips. For while you might
      By JT  -  675 words
    • Article, Illustration
      Bid to set up Singapore's first floating raceway
      620 9  -  Local listed company said to be talking to a Norwegian company By LEE HAN SHIH SINGAPORE will export thousands of sea bass and garoupa to Hongkong every year if a lo-cal-Norwegian joint venture bears fruit. The Norwegian company is Noraqua, a specialist
      620 words
    • Article
      Lock icon Techtrans in PC venture
      82 9 AFP A MALAYSIAN company will join forces with a Western Australian firm to produce computers in Malaysia. Techtrans, a Malaysian manufacturing company, has signed a major exchange agreement with Diverse Electronics, a Perth-based high-technology company. Diverse will supply the expertise and know-how for the manufacture in
      AFP  -  82 words
    • Article
      NCR bags deals from Hong Leong, Watsons
      234 9 TWO NEW retailers in town have given NCR Singapore a dose of business for its computer systems. An announcement by NCR said its retail division has secured contracts from both Hong Leong Fashion and Mr Li Ka Shing's A S Watsons. Hong Leong
      234 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      121 9 Mouth inthe heart of town! restaurant corner This is a great gastronomic experience for seafood lovers! At only $9.50, you can pick half a dozen oysters from our Oyster Bar and have them opened before your eyes served on a bed of ice with hot sauce and lemon. And a
      121 words
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      Page 9 Advertisements Column 2
      129 9 s> <b o <=> \> e e <b connects in Singapore In the ever-changing world of communications, connections count. And no-one has better connections than CASE Communications. Now, with the opening of our new office in the Standard Chartered Bank Building, CASE has brought its unrivalled sales and support network
      129 words
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  • PERSPECTIVE
    • Article
      Leaving it to market forces
      463 10 LABOUR turnover rates in some industries have soared, illustrating the tightness of the labour market. Take that of the electronics industry. The labour turnover rate in this industry has gone up to an average of 5 per cent. Just 18 months ago, the rate was
      463 words
    • Article, Illustration
      For the stout-hearted and the well-off only
      880 10  -  The trial of ex-Guinness chairman, Ernest Saunders, could become one of the most expensive criminal cases in British legal history. Legal sources say the prosecution and defence of the seven defendants in the takeover scandal could run to well over £10 million. Companies
      880 words
    • Article, Illustration
      Slaughtered, quartered and exported
      962 11  -  STEVE USDIN, reporting from Washington, looks at the illegal but lucrative trade of exporting American wildlife to some Asian countries. STEVE USDIN, AMERICAN officials have recently uncovered several smuggling networks that illegally export animal parts to customers in Taiwan. Korea and other Asian countries There are
      962 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      320 10 "Let me introduce my private collection of the original Marchetto Cuisine for lunch." h L &->■ kZ** <:*/ ttvmMPt Wtplif, N(tH -fcwhrJ Mtfi f/wAf? ([K{£i> www on iya} if w(r« tfwvw yVUPEP OitCKtH WITH tR£/fM tHEfjE F -> *r< <vlvS="s? mi Sisfc-. K»«. agw s rrrr--3> m m v. m
      320 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      30 10 NO —VVC GOT TO GO To BFV4K WD PtCK UP cußße.wcy ~<£> c. fig S U3OON m THC PP\RK n I FTTLyNCvvrirne r^-b^ i ,c: -^SS-SSt EVENING STANDARD CO LTO INI-tMI
      30 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      386 11 See you at Tanah Merah Country Club Tee-off at Hole 1 Tee-off at Hole 10 r' Tee-off Tim* N,m 12.15 Tan Hock Seng Tan Tai Yik Robin Brown 12.21 Izami Hayashi Ng AhSek Hiroyuki Takeuchi K H Cheong 12.27 Sim Cheok Lim Thomas Lek HaPH Phng Hooi Chay 12.33 Danny
      386 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1252 11 to aoD mm St > m Sony's head Akio Morita (left) and Hungarian Socialist Worker's Party leader, Karoly Grosz, in Friday Background FRIDAY BACKGROUND 7.50pm, Channel 5 An interview with Sony head Akio Morita and a study of what makes Filipinos so inherently talented in the performing arts is the
      1,252 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Symphony of street sounds
      396 12  -  MUSIC SINGAPORE FESTIVAL OF ARTS By CLAIRE LEOW EVER FELT daunted by Mozart's concertos, bored by Beethoven and faintly charmed by Gershwin? Starting tonight, the New Cambridge Buskers will present a new dimension to the enjoyment of classical music when they play the great classics with
      396 words
    • Article
      What can we say but OLE!
      396 12  -  MUSIC THEATRE By TSANG SAU YIN SOME STRONG body language was seen at the Kallang Theatre last night. Flamenco dancers of the Spanish operatic group, the Anatologia de la Zarzuela, literally stomped their way into the hearts of their audience. The flamenco is said
      396 words
    • Article
      Lock icon Jordan unanimously picked for star squad
      253 13 UPI CHICAGO BULLS cuard Michael Jordan, who led the US National Basketball Association in scoring and steals, was selected unanimously to the all-NBA team announced on Wednesday and Boston Celtics forward Larry Bird was chosen for the ninth consecutive year. Joining Jordan and Bird,
      UPI  -  253 words
    • Article, Illustration
      Lock icon Connors pulls off thrilling comeback win
      629 13 AP IF THERE WAS EVER a separate tennis ranking list based purely on the bravest comeback experts, then Jimmy Connors would surely be No. 1, even at 35 years old The veteran American, now the second oldest player on the men's tour, seems to
      AP  -  629 words
    • Article
      Lock icon Norman warming up for showdown at US Open
      397 13 AP THIS IS WARM-UP WEEK for the touring golf pros who are playing the Westchester Classic in New York while they think about the US Open. Westchester is the Open's annual appetizer, a neat tune-up for the second major tournament of the
      AP  -  397 words
    • Article
      Lock icon Champ hits fastest time in training
      91 13 AP DEFENDING CHAMPION HansJoachim Stuck of West Germany had the fastest time on Wednesday after the first two official training sessions for the Le Mans 24 Hours Race. Stuck, in a factory Porsche 962, drove the fastest lap around the 13.535-km circuit in three
      AP  -  91 words
    • Article
      Chinese pair win bridge contest
      94 13 THE CHINESE PAIR of Gu Xue Hai and Li Jin share the unique honour of being the champions of the world's biggest bridge game ever played, the Epson Worldwide Bridge Contest. Last week, they pitted their wits and skills against 100,000 bridge fans in 2,500
      94 words
    • Article
      Be careful when you exercise
      633 13  -  Homoiinr BOSIHBSS with Mike Cashmore This article continues where last week's column left off: DR COOPER definitely believes that a proper treadmill stress test and other medical evaluation are necessary to uncover the problems along with an intelligent exercise programme. In fact, sudden death doesn't
      633 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      829 12 COURVOISIERXO-vvi 11l TCr«.I IINI. At Phoenix Coffee House, you can savour superb Hainanese or soya Sauce Chicken rice at only S&so++. Plus the convenience of Somerset MRT Station right at our doorstep For great taste and better value, pick the Phoenix instead ft A LOWER GROUND HffRL PHMVIV SINGAPORE Orchard,
      829 words
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      Page 12 Advertisements Column 2
      151 12 Look out for the Grand Finals to be held at Neptune Theatre Restaurant on Friday Sept 16 at 7.00 pm. S/aru/aKn QQ ip*' kffctra*unrfMpmn. 333 Orchard Road, Singapore 0923. Tel: 737 4411. Paramount HotelWhoft tht happy p*opi» go DANCING LOUNQE Experience a new and refreshing concept in cocktail lounge entertainment.
      151 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon US securities commission to file charges against Drexel
      459 14 FT THE US SECURITIES and Exchange Commission (SEC) has voted to charge Drexel Burnham Lambert, the Wall Street investment bank which dominates the American high-yield bond business, with civil securities fraud violations stemming from the Ivan Boesky insider trading scandal. The decision
      FT  -  459 words
    • Article
      Renovation at POSB branch
      78 14 THE POST OFFICE Savings Bank will close its Coronation Plaza branch for renovation on June 13. The branch is scheduled to reopen for business in September. The savings bank said yesterday that the current account facility at this branch will be transferred to its Bukit Timah
      78 words
    • Article
      Lock icon Simex
      530 14 Reuter EURODOLLAR futures on the Simex closed lower on profit-taking and position adjustments yesterday in moderately active trading. Operators were hesitant to open large positions as they awaited further market guidance from today's US May producer price index which was forecast to show a gain of 0.4 to 0.5
      Reuter  -  530 words
    • Article
      Comex gold/silver futures
      167 14 Gold futures on June 8 100 tro y ounces. USS per troy ou nee Opt* Low umrn Jun 458.00 459.70 456.30 456.10 -X90 M 460.00 460.00 460.00 457JO -4.10 *"9 ***** 464.40 460JO 460.70 -4.10 Oct 467JO 469JO 465JO 465.80 -4.20 OK 473.00 475.00 470JO 471.10 -4.30
      167 words
    • Article
      Lock icon IMM
      244 14 Reuter IMM currency futures closed mixed on Wednesday, with Continental currencies falling and the Canadian dollar firming Activity picked up in the morning with local traders turning sellers on comments by central bank chiefs indicating a further US dollar fall would not induce additional American exports, traders said. Bundesbank
      Reuter  -  244 words
    • Article
      Options
      1474 14 CURRENCY FUTURES OPTIONS Thursday, June 9, 1988 DEUTSCHEMARK (SIMEX) •M N caito Jut N puts Mtfl* Low SM High Low Son 58 2H 23 38A 34 608 64 60 IIA 9 134» 130 57 59 Mtg Aug 88 cat h Law 58A la Son 54 Htgh 148 Aug 88
      1,474 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      579 14 BANKERS TRUST NEW YORK CORPORATION AND SUBSIDIARIES Incorporated with Limited Liability in the U.S.A. Consolidated Statement of Income Bankers Trust New York Corporation and Subsidiaries Interest Income Loans Interest-bearing deposits with banks Federal funds sold and securities purchased under resale agreements Trading account assets Investment securities Taxable Exempt from federal
      579 words
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      Page 14 Advertisements Column 2
      9 14 !li BANQUEINDOSUEZ 3 Shenton Way, Shenton House. Singapore 0106
      9 words
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  • BANKING AND FINANCE
    • Article, Illustration
      World interest rates
      188 15 Indicates the average of the prime lending rates of 12 major banka in S'pore Average of prime or equivalent lending rate on June 9 London 8.5% Hongkong 7.5 New York 9.00 Bangkok 11.5 Tokyo 3.375 Jakarta 23 Zurich* 4.5% Kuala Lumpur 7.5 Frankfurt* 4.5% Manila 15 Sydney
      188 words
    • Article
      Money markets
      62 15 OVERNIGHT money rose T4 point to close at 3% per cent yesterday. One-month term rate fell by V 4 point, two-month by 1/16 and three-month was unchanged S$ Interbank rates at 12 noon yesterday: OFFER BID Ov«fnighf 3 3/8 3 1/4 1 -month 3 7/8 3 3/4 2-month
      62 words
    • Article
      Asian $ market
      313 15 Asian market ASIAN DOLLAR deposit rates closed unchanged from opening levels in steady and quiet trading yesterday. Overnight and weekfixed rates were unchanged at 7* 714 and 7V4 7* per cent respectively with early business reported in overnight at 7%. Operators were reluctant to take positions ahead of today's release
      313 words
    • Article
      Government securities market
      85 15 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****Z 08.09.88 3.87 3.82 3.85 3.80 6 momtis BY*****T 24.11.88 3.84 3.79 1 year BY8810CZ 23.3.89 3.83 3.78 3.80 3.75 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      85 words
    • Article
      Forex markets
      1838 15 SINGAPORE: The US dollar was easier against major currencies yesterday in spite of news that of Japan s smaller-than-expected May trade surplus "News that the Japanese trade figures showed a surplus of US$3.3 billion with the US after US$4 45 billion a year ago had already been discounted
      1,838 words
    • Article
      Tokyu Investment to sign $35m NIF
      615 15  -  By LEONG WEN WAH TOKYU INVESTMENT Singapore Pte Ltd, a wholly-owned subsidiary of Japan s Tokyu Corp, will sign a seven-year $35 million note issuance facility this morning at the Pan Pacific Hotel. The company is also borrowing another $15 million. The proceeds will
      615 words
    • Article
      Lock icon Central bankers want no further fall in dollar
      358 15 Reuter A FURTHER FALL in the US dollar would not soon induce more US exports, Federal Reserve chairman Alan Greenspan told a press conference in Chicago on Wednesday. Bundesbank president Karl Otto Poehl agreed with Mr Greenspan that the global adjustment process
      Reuter  -  358 words
    • Article
      Lock icon 'Capital guidelines could hurt swaps'
      186 15 Reuter PROPOSED global rules for the capital adequacy of banks would curb growth of the swap market and could even raise risk in the banking system, said Allan Taylor, the chairman of Royal Bank of Canada, on Tuesday. Mr Taylor said guidelines, drafted by central
      Reuter  -  186 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      136 15 IIIV.I Buying a UK Property? VICTORIA SUMMERTON OF LONDON'S PREMIER ESTATE AGENTS FARRAR STEAD AND GLYN AND ADRIAN WRIGHT OF INTERNATIONAL MORTGAGE PLANS WILL BE IN SINGAPORE FROM 9TH to 13TH JUNE AND WOULD BE PLEASED TO MEET OLD AND NEW CLIENTS REQUIRING ADVICE ON FINANCING AND LETTING OF UK
      136 words
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      Page 15 Advertisements Column 2
      305 15 EDP Seminars Peat Marwick Management Consultants pte. Ltd. will be organising a series of EDP seminars for those who must keep abreast of the developments in the increasingly important and complex area of information technology opportunities and risks. The seminar topics, which have been designed to heighten the awareness, the
      305 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Profit-taking reduces market's earlier gains
      4948 16 SHARE PRICES underwent bouts of profit-taking after a firm opening yesterday but sustained buying supported the Straits Times Industrial Index which closed marginally firmer. Share prices opened strongly following the overnight 48-point gain in the Dow Jones Industrial Average. However, profit-taking emerged just before the
      4,948 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon UIC looking across the Causeway
      619 17 Rama mm™ By HOCK LOCK SIEW UNITED INDUSTRIAL Corporation is on the go again, after a lull since the October crash when it liquidated about 60 per cent of its equity holdings. This left it with an estimated cash hoard of at least $200 million.
      By HOCK LOCK SIEW  -  619 words
    • Article
      Lee Kim Tah clinched $80m worth of contracts last year
      337 17 CONSTRUCTION group Lee Kim Tah has $80 million worth of contracts in hand which it clinched last year. Among the largest are a $40 1 million contract to build 1,048 Housing and Development Board flats in Pasir Ris, and an
      337 words
    • Article
      Parkway makes paper gain of HK$23m
      274 17 SPECULATION, the hfeblood of the Hongkong stock market, has given Parkway Holdings a paper gain of HK$23 million on a HKS3O million investment over the past few months The 77 per cent gain was made on listed A TV which runs the smaller of
      274 words
    • Article
      CitySec dispute: SES avoids pre-judging the issue
      388 17  -  By ELAINE KOH LAWYERS for the Stock Exchange of Singapore have stated that it would be premature to get involved in the dispute between City Securities liquidators and a former client over undelivered Pahang Investments shares. In a reply to Madam Yoko Sasagawa
      388 words
    • Article
      'Hong Leong Prop stake won't affect CDL's earnings'
      401 17 CITY DEVELOPMENTS Ltd s acquisition of the remaining 51 per cent stake in Hong Leong Properties the owner of IBM Towers will have no material effect on its earnings for this year, the company said in a circular to shareholders yesterday. However.
      401 words
    • Article
      Bonvests in compost venture with Aussies
      381 17 BONVESTS Holdings Ltd has formed a joint-venture company with two Australian companies to produce compost. In its latest annual report (1987), the group said it had taken over the operation of a compost plant in Ulu Pandan last November under a lease arrangement with
      381 words
    • Article
      Bonvests unit raises stake in Tonhow
      80 17 BHL INVESTMENTS Pte Ltd. a wholly-owned subsidiary of Bonvests Holdings Ltd. acquired another 100.000 shares in Tonhow Industries at $1,165 per share yesterday. The hotel-based group and the parties acting in concert with it now hold 56 7 per cent in the target company.
      80 words
    • Article
      Unit trusts
      339 17 Managers' prices Japan G< Fund 1 60 1 65 for June 10 She*'or* Thf.fi fund 0 835 0 835 Singapore Unit Trust UOB Management T *e Co«*»*e f ce 0 97 <03* U"ifund 091 091 **e Sov«gs Fjnd 085 091 U«»bo«d 1 005 103 S pore P">g S
      339 words
    • Article
      Terms for Keppel's bond issue seen unchanged
      367 17 THE INDICATIVE TERMS of Keppel Corporation's proposed private placement of a $120 million five-year bond issue with detachable warrants have been worked out following a meeting with the bankers for the issue two nights ago BT understands that the bond issue by the
      367 words
    • Article
      Lock icon MBf to build franchise network for Grandy's
      303 17 NBT GRANDY's, the latest American fast-food chain to set up operations in Malaysia. will operate through a system of company-owned restaurants and an extensive franchising network. Khoo Soo Peng, chief operating officer of MBf American Foods, the AsiaPacific master franchisee for Grandy's, said
      NBT  -  303 words
    • Article
      Lock icon Yaohan plans wholesale centre in S'pore
      209 17 MBT JAPANESE retailer Yaohan has identified Singapore as its foothold in plans to expand its international operations to other parts of South-east Asia. India and the Middle East To achieve this, Yaohan intends to set up a wholesale centre in Singapore in 1990 Yaohan
      MBT  -  209 words
    • COMPANY BRIEFS
      • Article
        OUS's unaudited net tangible asset
        31 17 OVERSEAS Union Securities Ltd has announced that the company's unaudited net tangible asset < backing every $1 share was $2 44 as at May 31 this year.
        31 words
      • Article
        MCB revokes marketing deals
        64 17 MCB HOLDINGS Bhd is revoking the management and marketing agreements dated Sep 30. 1987, which the company signed with Golden Apartments Sdn Bhd on May 9 this year for the development of 150 acres of land in Genting Highlands The company has also announced the appointment
        64 words
      • Article
        Sembawang forms subsidiaries
        125 17 SEMBAWANG SHIPYARD Ltd has announced the formation of two subsidiary companies. Sembawang Bethlehem Pte Ltd and Sembawang Mineral Ores Pte Ltd Sembawang Bethlehem Pte Ltd was incorporated on May 10 this year with an authorised capital of $5m divided into 5m ordinary shares of $1 per share
        125 words
    • Article
      Lock icon ASM unit buys Johor shoe manufacturer for M$200,000
      149 17 MBT AMALGAMATED Steel Mills (ASM) announced that its wholly-owned subsidiary. Umatrac Enterprises, has agreed to acquire 12 5 million shares or 77 33 per cent of shoe manufacturer Ozly for M 5200.000 cash The price is payable immediately upon the execution of
      MBT  -  149 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      656 17 HMPB HARRISONS MALAYSIAN PLANTATIONS BERHAO (INCORPORATED IN MALAYSIA) Directors Tun Ismail bin Mohamed Ah (Chairman) Tunku Mansur Yaacob (Alternate M A St Clair-George) J McLeod Dato Abdul Khalid bin Ibrahim 2am Azahari b«n Zainal Abtdm Datuk James S Ong Mohammad bin Abdullah To the Members. PRELIMINARY REPORT FOR THE YEAR
      656 words
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  • REGIONAL MARKETS
    • Article
      Stocks finish higher
      1508 18 Hongkong HONGKONG share prices yesterday climbed amid the heaviest turnover seen so far this year, brokers said. The Hang Seng Index rose 31.85 points to 2.640.83 and the broaderbased Hong Kong Index 21.01 to 1.749 59 The day's turnover was HK$l.B billion, a record for 1988 "We
      1,508 words
    • Article
      Lock icon Tokyo
      516 18 Reuter TOKYO share prices surged to a record close yesterday, but ended off earlier peaks in near record volume thanks to hefty gains on Wall Street overnight and drops in global commodity prices, brokers said. The Nikkei Index rose 159.37 points, or 0.57 per cent, to 28,072.02, off an
      Reuter  -  516 words
    • Article
      Lock icon Bangkok
      168 18 Reuter THE SECURITIES Exchange of Thailand Index rose 3.94 to 443.94 on a turnover of 5,345,116 shares worth 902.06 million baht. Reuter JUNE M Ao Kham Thai Ayudhya lnvMtm«nt Bangkok AgrtHnd Bangkok Bank Bank Of Ayudhya Charoong Thai Wlra A Catrta Data mat Ghana Siam Fin Aata Fibra Duaitam
      Reuter  -  168 words
    • Article
      Lock icon Sydney
      438 18 Reuter AFTER opening brightly yesterday, the Australian share market failed to hold its early gains and closed easier in modest trade. Brokers said the early Wall Street-inspired rally lost its momentum against increasing bearishness spilling over from declining world bullion prices. They noted that the market lacked direction and
      Reuter  -  438 words
    • Article
      Manila
      75 18 JUNE M PESOS Man tool Acoie Mining Oriontal B Phil OvvrMtt 0041 0 036 -0 001 unch Anglo Phil ***** >0001 Apex Mining B 0043 -<-0001 PUJT 17V -1 Atlas Con B 2375 -0.25 San Miguai B 190 unch 0 001 0 026 B*ngu«« Con. B Fir* Phil HkJgs
      75 words
    • Article
      Seoul
      103 18 Kal ***** JUNE M WON -400 •00 -400 Kangwon Ind Kia Motor ***** ***** -100 400 Koton Ind ***** 900 ***** Koraa Long Tarm... ***** 300 ***** ***** 300 700 500 Lucky Ltd ***** 100 Daishin Sacuritias Oriental Brawary Oriental Cham ***** ***** -200 -400 Dong Suh Stock *****
      103 words
    • Article
      Taipei
      264 18 JUNE M NT S Koim 52 SO All Sincara Indus Asia Camant 5 60 90 00 0 15 25 Kuochan Oav Laa Chang Yuan Cham Indus 64 00 66 50 74 50 1.5 1.5 2 Cathay Cons 116 SO 3 Nan Ya Plat 6900 2.5 Chang Hwa Bank Chang
      264 words
    • Article
      KLSE
      3748 18 SHARE PRICES on the Kuala Lumpur stock market covered further ground but closed off the day's highs yesterday. Attention was on second and lower liners which were marked upon heavy volume. Blue chips held steady but rubber and tin issues underwent correction and closed easier. Finance and property stocks
      3,748 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      85 18 aw r ts^ =#3 ;v "-L--m **■>- yt* :*V 1 n ii 4 •>' r SA, "V--r ii < >■**•- v 1 0 >.r jfe. %M,! j w vV; I wr #w* ICC ■mom*'** V-: k ••••♦•l'*-'- IV E ->< -i i >* -V *> -V A* -'•V any *Y«
      85 words
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  • WORLD MARKETS
    • Article
      Lock icon Dow breaks key resistance level
      1015 19 New York Reuter FIRMER BOND PRICES and a sharp drop in commodities prices on Wednesday cheered Wall Street to a rally that briefly brought blue chips above the highest closing level since the October crash. Analysts said advances accelerated as investors poured in after a
      Reuter  -  1,015 words
    • Article
      Lock icon Equities open higher
      1053 19 London Reuter INITIAL MARK-UPS on the back of a near 50-point surge on Wall Street and a record close in Tokyo met with a muted response from investors in London yesterday, and dealers noted that there was an almost total lack of fol-low-through buying. The FTSE index
      Reuter  -  1,053 words
    • Article
      Untitled
      1221 19 Selected indices HONGKONG Hongkong Index Thursdoy 1.749 59 Wednesdoy 1.***** Week ogo 1 ***** Hang Seng Index Thursday 2.***** Wednesday 2 608 98 Week ogo 2.546 67 All Industrials Thursday 2.503 6 Wednesdoy 2 493 7 Week ogo 2.501 0 NEW YORK Dow Jones Wednesday 2.***** Tuesday 2.054 59 Week
      1,221 words
    • Article
      Lock icon Way paved for Dome takeover
      111 19 Reuter SHAREHOLDERS of Dome Petroleum Ltd, the huge, troubled oil company, resoundingly approved a US$4 5 billion takeover offer from Amoco Corps Canadian unit on Wednesday. clearing the way for Canada's biggest takeover At a special five-hour meeting. Dome said holders of 87.7 per cent
      Reuter  -  111 words
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  • Article
    Lock icon OECD projects 20pc fall in NICs' combined trade surplus
    497 20 South Korean and Taiwanese imports expected to soar AFP ASIA'S "four dragons" appear headed for a significant reduction of their towering collective trade surplus by the end of next year, the Organisation for Economic Cooperation and Development (OECD) said in its
    AFP  -  497 words
  • Article
    Lock icon America's March trade deficit seasonally adjusted to US$11.95b
    178 20 Reuter THE US March trade deficit was a seasonally adjusted U5511.95 billion, compared with the U559.75 billion unadjusted deficit reported earlier, the Commerce Department said yesterday. The department will begin reporting the trade data on a seasonally adjusted basis as well as
    Reuter  -  178 words
  • Article
    Lock icon Japan's trade surplus down in May
    132 20 Reuter JAPAN'S trade surplus with the rest of the world plunged to an unadjusted US$5.O5 billion in May from US$6 42 billion a year earlier, the 13th straight month of decline. The Japanese Finance Ministry issued figures yesterday which showed that Japan s politi-cally-sensitive
    Reuter  -  132 words
  • Article
    Lock icon Tokyo plans to cut direct taxes by 5,600 billion yen
    319 20 Reuter THE JAPANESE government plans direct tax cuts of 5.600 billion yen on an annual basis as part of its overall tax reform package. Finance Ministry and ruling Liberal Democratic Party officials said yesterday. The cuts will include reductions of
    Reuter  -  319 words
  • Article
    Lock icon Mitterrand proposes cancelling a third of Third World debt
    402 20 AFP FRENCH President Francois Mitterrand proposed on Wednesday that the Group of Seven leading industrialised countries cancel up to one third of the debt owed by the world's poorest countries. Mr Mitterrand's special adviser, Jacques Attali, said the plan was to
    AFP  -  402 words
  • Article
    Lock icon More than 25,000 students stage rallies across S Korea
    139 20 UPI MORE THAN 25.000 students staged rallies and demonstrations on and off 78 campuses across South Korea yesterday, demanding that the government allow them to meet North Korean students at the truce village of Panmunjom, police said. Authorities threw in more
    UPI  -  139 words
  • Article
    Lock icon Summit takes Beijing's hints, goes for NIEs
    162 20 AP ASIA'S NICs the newly industrialising countries of Taiwan, Hongkong, South Korea and Singapore are no more. Welcome NIEs. for newly industrialised economies, in the official jargon of the Toronto summit of Western industrialised nations. A Japanese official told reporters yesterday that Japan
    AP  -  162 words
  • Article, Illustration
    Lock icon Jardine Matheson's Keswick bows out
    342 20 Reuter SIMON KESWICK, the taipan of Hongkong's oldest trading company. Jardine Matheson. bowed out on Wednesday. Like his brother and father who were chairmen before him, Mr Keswick is a direct descendant of William Jardine. one of the company's founders. Mr Keswick is being replaced
    Reuter  -  342 words
  • Article
    Lock icon Parker Pen scraps plans for LSE flotation
    194 20 FT PARKER PEN, the well-known writing instrument maker, scrapped its London Stock Exchange flotation plans on Wednesday, the day it was due to announce full details of its offer for sale. The embarrassing cancellation followed a dispute between Parker's advisers Lazard Brothers, the
    FT  -  194 words
  • Article
    Lock icon Comex gold and silver
    103 20 Reuter COMEX GOLD futures held steady on mixed buying in the first hour yesterday following a lower dollar and firmness in platinum. Spot June gold had a minor loss of 10 cents at U*****.00 an ounce after setting a range of US$455 90 to US$455 10.
    Reuter  -  103 words
  • LATE FILE
    • Article
      Lock icon Malaysia to build new oil refinery
      47 20 Reuter MALAYSIA has decided to go ahead with building a second oil refinery, with a maximum capacity of 100.000 barrels a day. to process its crude petroleum for the domestic market, national oil firm Petronas said in Kuala Lumpur yesterday. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Shell/Esso to tap N Sea gas fields
      35 20 Reuter SHELL UK Ltd said in London yesterday that it will develop two North Sea gas fields with Esso Europe Inc at a cost of £420 million. Reuter
      Reuter  -  35 words
    • Article
      Lock icon Kuwait suspends BP share buying
      44 20 Reuter THE KUWAIT Investment Office in London has agreed not to add to its around 22-per-cent stake in British Petroleum. pending the outcome of a UK Monopolies Commission inquiry, the Department of Trade and Industry said in London yesterday.
      Reuter  -  44 words
    • Article
      Lock icon China, USSR border trade deal
      55 20 Reuter CHINA and the Soviet Union, seeking to expand economic ties, have signed an agreement allowing their regional governments to conduct trade. The People s Daily said in Beijing yesterday that the accord was signed on Wednesday after a meeting of the Sino-Soviet commission on
      Reuter  -  55 words
    • Article
      Lock icon 'Court can order return of Marcos'
      52 20 Reuter PRESIDENT Corazon Aquino has hinted that she would allow ousted ruler Ferdinand Marcos to return to the Philippines from exile if he was needed for trial. "Whatever the courts decide, definitely we will respect the decision of the courts,'' she said in Manila
      Reuter  -  52 words
    • Article
      Lock icon Nato ministers begin meeting
      48 20 AFP NATO foreign ministers opened a two-day meeting of the North Atlantic Council in Madrid yesterday, its first in Spain. The foreign ministers of the 16-member organisation were to focus on, among other things, the problem of burden-sharing within the Western defence alliance. AFP
      AFP  -  48 words
    • Article
      Lock icon Zia announces caretaker govt
      60 20 UPI PRESIDENT Mohammad Zia ul-Haq yesterday announced a caretaker administration in Islamabad that included many senior ministers from the sacked government of former Prime Minister Mohammad Khan Junejo which he had strongly criticised. He did not name a new prime minister, however, but diplomatic sources said
      UPI  -  60 words
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      233 20 r sick and tired of looking for the right apartment? Why not drop in to our Open House. have a cool drink, enjoy the views and pleasant surrounds, see our "country club" facilities, appreciate the Orchard Rd location and take comfort in tip top 24 hr security at ARDMORE LUXURY
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      Page 20 Advertisements Column 2
      213 20 Bonn forgives USsso.sm debts, Page 5 7a 4k irte "Ti» Straying into Austria and finding Innsbruch a typical fairy-tale kind of place. Travel the non-traveller's way MOST TRAVEL WRITERS have this inexplicable way of squeezing 10 adjectives into every single line when describing, say, the difference between a sunrise in
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      Page 20 Advertisements Column 3
      8 20 VALUE ADDED MANAGEMENT PIE LTD (Executive Recruitment Division)
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  • SHIPPING TIMES
    • Article
      Kontena Nasional suggests ways to ease congestion at customs
      397 21  -  By G DURAIRAJ KONTENA NASIONAL, the only haulier which operates in southern Peninsular Malaysia, has proposed to the Malaysian Customs Department to reserve the green lane at the Causeway for container haulage between Johor and Singapore. The chairman of Kontena Nasional,
      397 words
    • Article
      Lock icon Mixed crews will not make Japanese ships competitive
      268 21 Seatrade Week AS JAPANESE owners attempt to persuade seafaring unions to accept the concept of mixed Japanese/foreign manning on Japanese-flag deepsea vessels, figures show that at current yen rates, vessels would still be seriously uncompetitive compared with an allPhilippine crewed flag of
      Seatrade Week  -  268 words
    • Article
      APL denies report on tie-up
      77 21 AMERICAN President Lines has denied a report that it agreed to join C T International in managing the ports of Phuket and Songkhla. The report on Wednesday was based on an interview which Bangkok Post had with an official of C T International. C T
      77 words
    • PORTSIDES
      • Article
        Lock icon Oil slick pollutes Soviet beach
        176 21 UPI MORE THAN 100 tons of oil have washed ashore in Lake Onega, east of Leningrad, following a May 25 collision between passenger launch Volga-Don 5074 and oil tanker Volgoneft 129. The official Tass news agency said on Wednesday that efforts to contain the oil
        UPI  -  176 words
      • Article
        Gearbulk ends Atlantic service
        38 21 GEARBULK Container Services has withdrawn its bi-weekly container service from North Europe to the US west coast The company, a division of Gearbulk Ltd. will concentrate on strengthening its eastbound and westbound Pacific services.
        38 words
    • Article
      CONSORTIA
      163 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 4NRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd
      163 words
    • Article
      Master's error caused ship mishap: report
      353 22  -  From Kingsley Wood THE DANISH Antartic supply ship Nella Dan grounded on Buckles Beach. Macquarie Island, on Dec 3 through the master s error of judgment in not exercising basic seamanlike skills in the prevailing weather conditions, according to a preliminary report. The report.
      353 words
    • Article
      Lock icon Belgian ferry seamen on one-day strike
      180 22 Reuter BELGIAN cross-Channel ferry seamen staged a 24-hour strike yesterday in protest against proposed new working practices similar to those which sparked Britain's Peninsular and Oriental Steam Navigation (P O) ferry strike. Union spokesman Jan Francois said Belgium's state-owned RTM ferry operator planned to
      Reuter  -  180 words
    • Article
      INDEX TO ADVERTISERS
      1018 22 A8 Shpg V 5 ABC CoolOiner IX 1 Accord Shpg VI Ahreofc,®- l>n«r XI AlHrom VN AC Toepfer XI A<i»er.cor Tp* N Anro Se" ce IV Arrow 1 nes IX A son Oceon XI Assoc Co" og« XI Afios line X ANl 1 A PC lm« V
      1,018 words
    • Article, Illustration
      Lock icon West German builder comes up with new combi-carrier design
      229 22 Fairplay ONE OF THE latest newbuilding projects to come from the prolific West German builder, J J Sietas of Hamburg-Neuen-felde. is a 4,100-dwt combi-carrier. The Multi-type 144 has been produced by both the builder and Finland's Transfennica organisation, a wellknown name
      Fairplay  -  229 words
    • Article
      Lock icon Kuwait plans fleet expansion
      141 22 Opecna KUWAIT Oil Tanker Company is seriously considering an expansion of its fleet to keep pace with international marketing needs in the *****, according to chairman Abdul Fattah Al-Bader. The company, an affiliate of the Kuwait Petroleum Corporation, signed a contract last year with a South
      Opecna  -  141 words
    • Article
      Lock icon Planes hit small tanker in Gulf, says Baghdad
      127 22 Reuter IRAQ said yesterday that its warplanes attacked a small tanker or merchant ship in the Gult on Wednesday night. A military spokesman said the aircraft returned safely to base after an "accurate and effective" strike on a medium-sized naval target Baghdad's
      Reuter  -  127 words
    • Article
      Lock icon New York authority appoints new head for port department
      261 23 Lloyd's List THE PORT AUTHORITY of New York and New Jersey has solved the first of two pressing personnel problems by installing Lillian Liburdi as director of the port department in place of retiree James Kirk. Mrs Liburdi's appointment still leaves
      Lloyd's List  -  261 words
    • Article
      Lock icon Precautions taken in salvage work
      93 23 Reuter A 16-KILOMETRE exclusion zone and restrictions on over-flying was enforced yesterday to protect shipping and aircraft when the Dutch salvage company Smit Tak attempted to raise the chemical tanker Anna Broere. The vessel, loaded with toxic chemicals, sank on May 27 following a collision
      Reuter  -  93 words
    • Article
      Lock icon Khor Fakkan and Port Khalid terminals turn in mixed results
      184 23 Containerisation International SHARJAH Port Authority s two container terminals at Khor Fakkan and Port Khalid in the United Arab Emirates experienced mixed fortunes during 1987. At Port Khalid throughput increased to 70.328 TEUs during 1987, compared with 53.657 TEUs in
      Containerisation International  -  184 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8271 28 AARHUS Palembang Diasagetri June 6/11 Ever Gentry Evergreen June 10 B Suna ScanOutcht June 11 Cardigan Bay Triot June 11(PK) Seiandia ScanOutcht June 13 Ming Promotion Yang Ming June 13 Tang Me China Ocean June 13 Rhine Maru Triot June 15<PK) Ever
      8,271 words
    • Article
      Who acts for whom...
      2051 30 A—B AB Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg |S) Accord Shpg Accord Shpg (S) Africa Ocean Lines Sealion Shpg (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toep'er Oceanus Shipping Agencies (S) Multiporl Sdn Bhd |PK) Ailtrans Alltrans Express American President Lines
      2,051 words
    • Article
      LONDON FREIGHTS
      1226 30 CHARTERING was quiet on Wednesday as the London shipping freights market waited for further developments by Soviet operators who returned to the market Tuesday for the first time since April The Soviets were believed to have taken a 65 000 tonner at U557,250 a day for one trans-Atlantic
      1,226 words
    • Article
      Lock icon Thriving China trade benefits Taipei ships
      458 32 AFP MORE AND MORE Taiwanese freighters are sailing across the Taiwan Strait, thanks to booming trade with mainland China which is expected to reach US$2 billion this year. Although the ships are owned by Taiwanese nationals, most of them fly foreign flags as Taipei
      AFP  -  458 words
    • Article
      Lock icon Plan to merge two shipping associations fails
      260 32 Seatrade Week A CAMPAIGN to secure full merger between the International Chamber of Shipping and the International Shipping Federation has to all intents and purposes failed following the ISF council meeting in Athens. The proposal was made more than a year ago as
      Seatrade Week  -  260 words
    • Article
      Lock icon Conti Reederei expects comfortable earnings
      199 32 Lloyd s List CONTI REEDEREI of Munich which specialises in collecting private capital for investing in newbuildings expects the current year to provide the company with comfortable returns. The company operates 16 vessels including two Norasia vessels and is administrating the holdings in two additional
      Lloyd s List  -  199 words
  • Page 21 Advertisements
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      808 21 TIMES ICO® «.iftu r S*. STP Distributors Ttmmn PiMiahtng Group OOCL OfyEM Okqm Cmfumt Line \xait agents: JAROINE SHIPPING AGENCIES (Reg No 2428 M/ OOK) 200 Cantonment Road #12 05 Southpoint. Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL/CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JAROINE SHIPPING
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      Page 21 Advertisements Column 2
      125 21 mm THE DANISH Antartic supply ship Nella Dan grounded on Buckles Beach, Macquarie Island, on Dec 3 through the master's error of judgment in not exercising basic seamanlike skills in the prevailing weather conditions, according to a preliminary report. Page II THE PORT AUTHORITY of New York and New Jersey
      125 words
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      Page 21 Advertisements Column 3
      564 21 TIMES STP Distributors MAERSK LINE MAERSK LINE FIRST CARRIER TO RUN DOUBLE-STACK TRAIN TO CANADA SIN/TORONTO: 23 DAYS!! Tr*t mt Luna UMTik Closing Time C* 15* 2300 MRS CFS 15* 1300 MRS To Europe UK Scandinavia Finland To Mediterranean Sea BCN *'LC This wee* Luna Maersk Closing Time CY 15*
      564 words
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      625 22 im± U Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ROTTERDAM ANTWERP P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN CARDIGAN BAY RHINE MARU TOKIO EXPRESS HAMBURG EXPRESS LA SEINE BENALDER 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 BREMER-
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      Page 22 Advertisements Column 2
      98 22 Lines and services represented by /-iSB Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. CSAV Campania Sud Americana dc Vjporcs S A Ct*iirjn Line i M isr? SERVICE TO/FROM CHILE FEEDER VESSEL S POKE MOTHER VESSEL HK ARICA IQQ ANTOFVALP SAI CSAV IS/S ARAUCO ItSSEB S
      98 words
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      Page 22 Advertisements Column 3
      596 22 PROMPT LOADING OF 2100 M/ 3 SAWN TIMBER AT DUMAI (INDONESIA) DISCHARGING PORT WAMPU. VESSEL MUST NOT BE OF CHINA FLAG. CONTACT TELEPHONE NO. *****43, *****74 AmTVans. AMERICAN TRANSPORT LINES, INC. U.S. EAST COAST, CENTRAL/SOUTH AMERICA, CARIBBEAN/MEXICO I.I7''V'WV'ITTTTI ■■E3EBElEi3^^| CEXZZEE rrm n A VESSEL VI L^W.'.TTHrnB BY FEEDER VESSEL ACCEPTING
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      Page 23 Advertisements Column 1
      1029 23 a The Straits Steamship Group Mansfield Container Shipping Pte Ltd P&O Containers CONTAINERSHIP SERVICE TO UK/CONTInENTT^ Also Accepting Cargo For: to Copenhagen Aarhuv Gothenburg. Malmo Stockholm Helsinki. Rone-ajm to Antwerp. Amsterdam Oslo. Basle. Zurich Bremenhaven to Bremen Southampton to *11 UK destination*. Belfast and DuMin CCONTAINERSHIP SERVICE FROM UK/CONTINENT: Cjihnf
      1,029 words
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      Page 23 Advertisements Column 2
      770 23 K 1\ V NOW YOU CAN DEPEND ON ||"K"line S OWN PACIFIC NORTH-WEST SERVICE Starting end of June, you can depend on our own container service to the Pacific North-west. Together with our Pacific South west route, K' Line now offers the most comprehensive container service between the region and
      770 words
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      Page 24 Advertisements Column 1
      476 24 IISINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading for:In Port BANDAR ABBAS IRAN VAHDAT Singapore IMC Loading for JAPAN. KOREA lcr"l KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: A VESSEL 15/6 LAE, PMB, RBL, HRA MICRONESIA SERVICE HK LOAD FOR OCEANIA EXPRESS V-15
      476 words
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      Page 24 Advertisements Column 2
      872 24 MC S I nut IHU a. LINE turn SHMOS cK'fo rio» FULLY CONTAINERISED SERVICE 10 fIIROPE VIA SUfT^J^VMrmbr^Mh^o^omoitnm•FOß/MOTHER VESSEL OCH 59E PACIFIC PROSPERITY IK OCH HE/HANJIN KUNSAN 32E TWB «E KOREAN WONIS JIN 7K TWB 42E HANJIN KWANGYANC 4SE NDB 75EjKOREAN WONIS SUN TIE NOM 7SE/HANJIN BUSAN «1E NCY 45E
      872 words
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      Page 24 Advertisements Column 3
      259 24 FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY MADRAS: ETA 20/6 AUSTRALIA/ NEW SYDNEY, MELBOURNE FRE MANTLE AUCKLAND, WELLINGTON, LYTTLETON, DUNEDIN NAPIER EUROPE EURO-AFRICA SERVICES FOR: PORTO, LISBON, ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, ALGIER TUNIS, VALLETTA, IRUN, CEUTA ISTANBUL FAR EAST PORT KELANG PENANG BANGKOK HONG
      259 words
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      Page 24 Advertisements Column 4
      1000 24 ruuuy, dune iu, x»oo EVERGREEN Full Container Set vice Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) sass-""*-S s as a S EVER CROUP EVER OVEN EVER GROWTH EVER CRANO 17* M 1M fin M 26ft 29ft 30ft 2/7 S/7 vi m in m 11/7 w yi tp w VI 11/7 14/7 17/7 1/7
      1,000 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      798 25 PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE SBY SMG SIN 16/6 1»/« 21 '6 23/6 27/6 25/6 28/6 30/6 2/7 5/7 VESSEL WOV INTEGRA 6625 GOWA 2558 SEA FORTUNE M2S INTEGRA M 27
      798 words
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      Page 25 Advertisements Column 2
      362 25 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Card,»an Ba, lit Rhine Maru 144 Totw (iprnt 21* Hjmfeuri (iprns 21* U S«n« 3M EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA, FIJI AND NEW ZEALAND
      362 words
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      Page 25 Advertisements Column 3
      491 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSI/VOY S PORE BILBAO ANTWERP H'BURG/ ROAM/ADAM BREMEN MATARAM/21WB 26-30/6 27/7 1/8 S. PANJANG/19WB 4-7/7 8/8 11/8 KUTAI/15WB 16-18 It 19/9 22/9 Subject to Inducement.
      491 words
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      Page 25 Advertisements Column 4
      396 25 BOUSTEAD SHIPPING AGENCIES 1^ MYOMAYWA VIIO HTONEYWA V 236 MERGUI VSSWB BURMA FIVE STAR SHIPPING CORPORATIOM (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok In Pt/U Jun 19/21 Jun 10 Jun BANK LINE SEMI-CONTAINER SERVICF NORTHBOUND TO UKC CLYDEBANK V23N TAMAITAI SAMOA VI3N FORTHBANK V22N SPORE RDAM
      396 words
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  • Page 26 Advertisements
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      564 26 K'link KAWASAKI KISEN KAISHA, LTD. ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM N. AMERICA-ATLANTIC COAST VOY LB N. AMERICA PACIFIC SOUTH-WEST •PK/PNC 'INDO N. AMERICA PACIFIC NORTH-WEST MOTHER VESSEL GOLDEN GATE BRIDGE HARBOUR BRIDGE VERRAZANO BRIDGE TOWER BRIDGE EUROPE (Member of ACE) LE HAVRE 30/6 7/7 14/7 21/7 ORIENTAL
      564 words
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      Page 26 Advertisements Column 2
      374 26 KRL TtL *****75/85 TLX NO MA ***** Accepting LCL and containerised cargo** Direct to South Africa S pore I Durban PEIu accepting Containers Only VAAL 5536F NEDLLOYD BANGKOK 8804 VENTO 04G2F* NEDLLOYD COLOMBO 5635f OSAKA MARU 533% HAYAKAWA MARU 5438G VAAL 5536G m 23/6 2VS 18/6 30/6 *2/7 -m tp
      374 words
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      Page 26 Advertisements Column 3
      512 26 'M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers S 0 NAGAIANO V MM TICER BAT V 37 I INDIAN COURIER V 31N I ORIENT SUCCESS V 109 i V NANOINI V «H I TICER BAY V3B ORIENT SUCCESS V 110 INDIAN COURIER V 3?N 1 TICER BAT V AN ORIENT
      512 words
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      Page 26 Advertisements Column 4
      806 26 GOLDEN LINE GUAN GUM SHIPPING (PTE) ITD n a. Trtot Ay*r Strwt SINGAPORE 0104 TEL U4JM (II LINES) Far S343SM STRAITS/PERSIAN GULF SERVICE: Six™ P Keianj Penan, GOLDEN HARVEST CokxnOo Karachi DjM< 16/17 June GOLDEN WONDER Colombo Karachi Dubai 8/9 Jul CHINA SERVICE BAI VUN SHAN Xiamen Shanghai 20/21 June
      806 words
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      Page 26 Advertisements Column 5
      536 26 PHILI Oni€NT UN€S PT€ LTD HEAD OFFICE 63 ROBINSON ROAD -0" 1? AFRO ASIA BUILDING SINGAPORE 01C6 TELE RS ***** PHILI FA* *****T6 i ETA SINGAPOREI DESTINATION JEDOAh (LCD R 222*2 I>'■'?■"! 21*. m NEW CENTRAOE 21/t LATTAKIA BENGHAZI. ALGIER TRIPOLI ALEXANDRIA PORT SAID PIRAEUS. CASABLANCA LIMMASOC VALETTA ADEN. DJIBOUTI
      536 words
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      813 27 nivnu S pore NEPTUNE AGENCIES PTE. LTD F£ EU/AUST TPA/SCA O«o«ral Enquiries: T«l: *****77 Tel No Terminal CfS BOOKINGS *****53 27*5742 mxn *****53 27*11? 27*116 f-' |H| P Kelang NEPLINE SON BHD 361*87 NEPTUNE ORIENT LINES LTD VST SSSSSU-m*. J Bahru NEPLINE SON BHD. *****0/*****1 FM EAST/EUROPE FULLY CONTAINERISED SERVICE
      813 words
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      Page 27 Advertisements Column 2
      502 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG, KEELUNG. BUSAN. INCHON STRAITS/KOREA SERVICE WEF JUNE 1) BUSAN I SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE SERVICE!! Vessel s Name ETD BS No 9 Don j m 80S N 05 06 No 1 Donam 805N 1? 06
      502 words
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      Page 27 Advertisements Column 3
      894 27 r SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P. KELANG MESSRS MAI THONG SHIPPING 127 Pew* Street Pening. Miltyt* MS HANOLINC SYSTEM CO
      894 words
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      Page 28 Advertisements Column 1
      257 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 22b 6868 .30 lines' fAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTFRACHT/SEEREEDEREI ROSTOCK Sailed Sailed j Sailed J Silled J 25/6 In Pt lln Pt I 20* ARKONA 4 88 FAHRLAND 5 88 •Accepting cargo for
      257 words
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      Page 28 Advertisements Column 2
      182 28 THE TACOMA ADVANTAGE. At the Port of Tacoma, we've got a lot going for us. We can also get a lot going for you: THE TACOMA ADVANTAGE—WHERE IT IS The Port of Tacoma is one of the fastest growing ports on the West Coast. We call ourselves the "Pacific Gateway
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      508 29 FARGO SHIPPING COMPAHY(PT{)LTD. N0.15 Hoe Chiang Road #13-02 Sanford Building. Singapore 0208 Tel *****22 Tlx: ***** FASCO ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND 16 DAYS TO SYDNEY! TO USA/CANADA Also accepting cargo to:USA —Houston. Savannah. Tampa. Jacksonville. Wilmington (D«l). Norfolk. Baltimore. New York. Boston CANADA —Montreal. Toronto, St. John FROM
      508 words
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      Page 29 Advertisements Column 2
      263 29 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fai: *****15 LCL FIXED TWICE WEEKLY CONSOL J n LCL FIXED CONSOLIDATION TO:CHINA, HONG KONG, BANGKOK, KEELUNG, KAOSHIUNG, KOBE, MANILA, BUSAN, INCHON, TOKYO, YOKOHAMA, OSAKA, COLOMBO, CALCOTTA, FELIXSTOWE, HAMBURG, BOMBAY, SYBNEY, MELB, KARACHI, CHITTAGONG, LEGHORN, JAKARTA, NAGOYA, GOTHENBURG. e ALL EUROPE
      263 words
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      1224 29 AT CONVENTIONAL WHARVES KEPPEL WHARVES Al» E«deo.ou' Anoxot Conopul Chupong Co'M' Huoq.o«fl Koto Nogo Ko'o Sego' Myon>oy»»o p o t)G "y Poko" l""a Vnteng fqwo'o' Equo'o' V f'o'osngopo'e G«'M'o U".»i#rrO PASIR PANJANG Anny PotfQl Ndn Hwo lampung joyo N 090 22 Pinyo Ponee' Supreme T honh Do So"owo' Bmtong 9*
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      Page 29 Advertisements Column 4
      205 29 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. IRAQI LINE IRAQI STATE (NTfUPRISE FOR MARITIME TRANSPORT WEST BOUND SERVICE ETA S PORE LOADING FOR IBN BASSAM 15/6 Su«. USA (EC/WC) MV BABYLON 20/6 Hodtidah, Jaddah, Aqaba THROUGH B/L» to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AO ABA t BAGHDAD REEFER SPACE
      205 words
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      607 30 i&a FINE-LINER SHIPPING I ram, PTE LTD 70 Shenton Wjy 04 0?C Mirirn House. S pore 0?07 r TEL *****77 (8 lines) TLX RS ??M1 FLINER FAX ??5?856 EUROPE SERVICE n.'.u.r."*5 I 11*7 112/7 114/7 17 I*? a.7 \mn far east service MIDDLE EAST GULF SERVICE I SPOM ]HQ DUB
      607 words
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      Page 30 Advertisements Column 2
      550 30 ZI M FULL CONTAINER SERVICE icceptmg FCL/LCL cirgoes to USA East t West Coast Carnbbean East Canada HAITI Costa Rica. El Salvador. Guatemala Honduras. Venezuela. Peru Ecuador. Colombia via Miami. Trinidad. Barbados. Antigua St Lucia. Montserrat Cuayana via Kingston •i.»:.n3!n!nMUZSB[SI33IiI IM HAIFA IM SAVANNAH IM SAVANNAH IM HONGKONG AUSTRALIA CONTAINER
      550 words
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      Page 30 Advertisements Column 3
      603 30 ■>ML4AaaMflai Everett Lines/ COMPANIA PERUANA vtSA DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO. MATARANI, ILO* AND ALL OTHER /m Millie J.ivifljij: ii] CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penjng* P Keljnf* Singapore A HUGHEVERETT Gdn K27/11 Jun MANOLOEVERETT 21/22 Jun JOHNEVERETT 1/9 Jul K ORIENT LINE" I
      603 words
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      324 31 Seabridge INTERCONTINENTAL LINE General/Marketing Agents: SEABRIDGE TRANSPORT SINGAPORE MALAYSIA (A member of the JEURO GROUP of COMPANIES. Japan) Singapore *****11 Tlx: R*****1 SEAAiR Fax: *****50 Warehouse at PSA Multletorey Complex. *****06 Malaysia: *****33 Tlx: MA***** Fax *****66 WEEKLY FROM Singapore Port Kelang Penang UK/EUROPE: FAR EAST United Kingdom Bangkok, Hong
      324 words
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      Page 31 Advertisements Column 2
      120 31 Consolidation Service NEW CALEDONIA TAHITI SIN 23/6, 28/6 NOUMEA 3/7 PAPEETE 12/8 MAURITIUS REUNION ISLAND SIN 22/6, 21/6 PORT LOUIS 2/7 REUNION 1/7 FRANCE SIN 19/6 MARSEILLE 5/7 LE HAVRE 19/7 TRANSTAINERS OEIMAS-ViaJEUX WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TTA Fr*l|lrt Pt« LM
      120 words
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      Page 31 Advertisements Column 3
      364 31 TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE VESSEL TBN S PORE 10/6 Also accepting cargo to KEELUNG KAOHSIUNG CHINA (via HONG KONGI P KELANG BUSAN JAPAN E MALAYSIA BRUNEI PO«TS EUROPE USA. CANADA AUSTRALIA MERCANTILE CONSOLIDATORS MERCANTILE CONSOLIDATORS (SINGAPORE) PTE LTD Weekly consolidation at our CFS 200,
      364 words
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      Page 31 Advertisements Column 4
      630 31 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' SP GLORY SEIATAN VIII V7B SIO GLORY SELATAN VII VII SLD GLORY SELATAN V V 90 14/6 PKL PN BLW KAOH 30/5 30/5 IS* 6 VESSELS OF LOG CARRIERS 5 VESSELS OF
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      Page 31 Advertisements Column 5
      448 31 PTC CONTAINER LINES FCL/LCL SERVICE PIC GTOJP SJW FAR EAST 12/6 KEELUNG/KAOHSIUNG 11/6 BANGKOK 11/6 MANILA 11/6 JAKARTA 11/6 PORT KELANG/PENANG 16/6 BUSAN 17/6 TOKYO/YOKO/KOBE 17/6 HONG KONG also accepting cargo to Huangpu Shenzhen Fuzhou Xiamen/ Xingang, Shanghai SJN EUROPE 11/6 RDM/HAM/ANT/LE HAVRE/GENOA SJN USA/CANADA 12/6 L.A./NYC/SFO 12/6 VANCOUVER/TORONTO/MONTREAL SIN
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  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      143 31 Regional Weather ft S is a s« 3! SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. June 10, 1988 LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain > Cloudy Sk, Wave height Surface winds are Indicated by imwi which fly with the wind One
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      289 32 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines* TLX RS ***** RS ***** ft. I \S I I K\ \K I I\ I k. III). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! Moji 'Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN CHINESE
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      Page 32 Advertisements Column 2
      465 32 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/HEXXO AND FRENCH WEST INDIES VSL Sport LtMjrrt Connecting VSL NkamT'llotMle B SURIA V 172 U/S nH STUTTGART EXP New Orleans. SELANOIA VIM 13/6 30* DOSSELOORF EXP Houston/Meiico TOYAMA V 192 20/t 7/7 NUERNBERG EXP Vera Cruz. Mexico City. Also
      465 words
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      Page 32 Advertisements Column 3
      195 32 SEAFIX INDONESIA/JAPAN SERVICE SPORE PBARU PTK BJM LOADING FOR: ■**-241 2V6 27/6 29/6 OSAKA. NAGOYA. TOKYO STRAITS/S. KOREA SERVICE SPORE K.K. TAW LOADING FOR: E AGSPYR SLD SLD SLD INCHON. BUSAN SABAH-SARAWAK/INDIA SERVICE SABAH LOADING FOR KOREAN RUBY In Port MANGALORE. KANDLA E. AGSPYR 26/6 —do— SPORt SIROCCO SHIPPING TEL
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      Page 32 Advertisements Column 4
      1069 32 GM CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4. *****3 '07-*****8 •07-*****3, *****5, *****0, *****1 '02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER EEE23 SINGAPORE I LEHARVE Lmuj'Lv.iT' 1 m m.f-i OTHER DESTINATIONS AARHUS. AMSTERDAM. ANTWERP BASLF RRFMFN BREMERHAVEN. COPENHAGEN. HELSINKI.
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