The Business Times, 14 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 TUESDAY, JUNE 14, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    259 1 AFP Dow Jones lower THE US stock market opened lower yesterday as traders moved to cash in on the previous week's gains. The Dow Jones Average was off 10.67 points at 2,091.04 at 1430 GMT in the first hour of trading. Analysts attributed the decline to profit-taking
    AFP  -  259 words
  • Article, Illustration
    ST index retreats in light trading
    185 1 REGIONAL MARKETS yesterday were generally quiet due to the holiday closure of the Hongkong and Australian stock markets and anticipation of the release of the US April trade deficit figures today. In Singapore, share prices finished lower on thinner volume after two weeks of
    185 words
  • Article
    NZ dollar hits post-float high
    152 1 THE New Zealand dollar hit a post-float high of US$O.7OBO in Wellington yesterday before easing slightly to close at U550.7070. Dealers expect the Kiwi currency to remain firm in the short term. When it was floated in 1985, one New Zealand dollar was worth U550.4444.
    152 words
  • Article
    Auditors qualify accounts of 3 Khoo-related companies
    419 1  -  By AMY BALAN TWENTY MONTHS have passed since the Bruneian government closed down the ill-fated National Bank of Brunei but some of the companies of fugitive tycoon Khoo Teck Puat are still "receiving" interest from the defunct bank. That's what the annual reports
    419 words
  • Article
    Insurer planning to float subsidiary
    455 1  -  ICS unit expected to offer 20m shares on main board By CORRINA LIM THE INSURANCE Corporation of Singapore intends to float its reinsurance subsidiary on the main board of the Stock Exchange of Singapore very soon. A source close to the company said: "The flotation
    455 words
  • Article, Illustration
    Temasek may make public offer of some SIA shares
    567 1  -  By LOH HUI YIN TEMASEK HOLDINGS, the investment arm of the government, appears to have taken the first steps towards making another public offer of a small portion of its remaining 55.89 per cent stake in Singapore Airlines. B T understands
    567 words
  • Article
    Lock icon EC-Comecon statement approved
    100 1 AFP FOREIGN MINISTERS of the European Community yesterday approved the EC's statement of mutual recognition with Comecon, the Warsaw Pact's "common market", it was announced in Luxembourg. The approval helped the statement, initialled in Moscow last Thursday after 15 years' negotiation. It must now be submitted to
    AFP  -  100 words
  • Article, Illustration
    Lock icon Six-man tribunal set up to decide position of Tun Salleh
    393 1 Bernama THE MALAYSIAN government yesterday announced the appointment of a six-member tribunal to determine the position of Lord President Tun Mohamed Salleh Abas who has been suspended. The tribunal will be chaired by the Chief Justice of Malaya Tan Sri
    Bernama  -  393 words
  • Article
    Lock icon Three M'sian states face water problems
    100 1 Bernama THREE Malaysian states PerIts, Malacca and Panang will continue to have water problems until the year 2000 owing to uneven distribution of rain, a Malaysian government official said yesterday. Agriculture Ministry secre-tary-general Ahmad Badri Mohamad Basir said according to the national water source
    Bernama  -  100 words
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      55 1 Nikon The World's Finest Photographic System Full report, Pagt 18 Regional markets, Page 20 More reports. Page 16 i" I U a gjL*P M i "ife? «#£*<> %s> «*<e l+J^vS VV J r=».. -1 Good tolhe brfdrop A product of the PILOT PIN CO. LTD., JAPAN 1... WJTKfffU Of. PILOT
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      361 1 Surprising Singapore SINGAPOREANS who think they know Singapore better than anyone else should still take a look at a recently published architectural guidebook the fruit of painstaking labour of two men who used to work here. Their mission, prompted by a common interest in the architectural heritage of Singapore, took
      361 words
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      Page 1 Advertisements Column 3
      140 1 Nikon Thp Aorld finest Pf>o!oq f *p*<( S*sf#m Shipping Time* comes as a separate section today. Make sure you get your copy. Introducing smart money management for busy people. The world's two most accepted credit cards. Visa and Master Card. 24-hour ATM facilities in Singapore and around the world using
      140 words
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  • HOME NEWS
    • Article
      First quarter exports to Japan up 44pc
      624 2  -  Strong export growth helped Singapore chalk up an impressive 10.9 pc economic growth rate in the first quarter of the year. One particularly encouraging sign was the rise in domestic exports to Japan. BOEY KIT YIN takes a closer look at Singapore's first
      624 words
    • Article
      Higher prices boost value of domestic garment exports by 33pc in first quarter
      506 2 PRICES OF locally-made shirts, dresses and trousers rose in the first quarter of the year compared with laat year. This helped push up the value of domeatic exports of wearing apparel by 33 per cent. Induatry circles
      506 words
    • Article
      Where almost 75pc of S'pore's exports go
      476 2 ALMOST three-quarters of Singapore's total exports are shipped to only eight countries. The US alone accounts for nearly a quarter of total exports. Demand for Singapore products from these countries the US. Japan, Malaysia, the European Community (EC), Thailand, Hongkong, Taiwan and China
      476 words
    • Article, Illustration
      A place in the sun for solar power
      407 3  -  By CLAIRE LEOW THE SUN is steadily making its way into Singaporean homes and buildings. Increasingly, owners of private and public buildings are harneesing solar energy in the search for savings on their utilities bill. The second passenger terminal at Changi Airport,
      407 words
    • Article
      Public lecture on auditing education
      117 3 THE NANYANG Technological Institute's School of Accountancy will hold a public lecture next week on Changes in Auditing Education Past. Present and the Future. The lecture will be delivered by Professor AlvinAArens. the 1988 American Accounting Association Distinguished International Visiting Lecturer. Prof Arens obtained his
      117 words
    • Article
      Italian business opportunities coming this way
      81 3 SEVEN ITALIAN companies out to promote Italian products as well as source products from Singapore will be here for a two-day visit from June 27. The seven firms are members of Consorzio Invexport, a consortium of companies in Venice. Among the seven companies' products
      81 words
    • Article
      Korean giants look to regional market
      470 3  -  By LILY FERNANDEZ IN A MOVE to diversify their export markets for telecommunications products, two South Korean conglomerates are keen to build up their presence in Singapore and the region. The two Samsung Semiconductor A Telecommunications (SAT) and Goldstar Computer Communications Sector (CCS) will
      470 words
    • Article
      Corrections and clarifications
      169 3 BT's June 11/12 edition reported that Parkway Holdings Ltd directors Tan Chin Nam, Tan Kim Yeow and Tony Tan Choon Keat have deemed interests in the sale of 1.5 million shares in Carlisle Investments. They actually have deemed interests in the sale of 1.5 million shares in
      169 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      157 3 STEPHEN WARD has been elected president of Cargiil South-east Asia. Mr Ward was previously vice-president and before that, he was with the company'a headquarters in Minneapolis, Minnesota, aa head of the international trading department of the Oilseed Processing Group. The company has also named Richard Stauffer and
      157 words
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      71 2 HO //"'J. tohroln Bangkok Nport for 24 hours prior *o 7.30pm an Jmno 13 or Baku ftatgrado Bwono* AJro* Cairo Calgory Canbarra Carocoi Chicago Cop*hogan Darwin OuMn Frankfurt Ganava Ho 'Jonolro Jakarta J«rv»a4fn Jo'burg Kiov K Lumpur La* Ang«4ot Madrid M ii-U ir "wlDOUrnf Moxico Oty San Frit'co San Juan
      71 words
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      311 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day i§mk.£&ik 1 •••>' ■4r —r i >* i" K:.+fe ium v <• J I •I K ■s-j'X.Xjm v 'M 3 1 f iL •'to If I > t -"?w r >> V' >* x J x *e. ■Vr~ s i
      311 words
  • Page 3 Miscellaneous
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  • ASIA-PACIFIC
    • Article
      Lock icon China pledges to protect living standards against inflation
      436 4 Reuter CHINA, nervous of a run on banks by panicky consumers, said yesterday that inflation and price rises were here to stay but promised to protect living standards. Lo Jingfen, a member of the State Planning Commission, China's top planning body, wrote
      Reuter  -  436 words
    • Article
      Chinese team leaves for Moscow talks
      222 4 A CHINESE delegation led by Vice-Foreign Minister Tian Zengpei left yesterday to attend the 12th round of Sino-Soviet talks on normalising their longstrained political relations. "We hope that progress can be made on the Kampuchean (Cambodian) issue, the biggest obstacle" to normalisation, Mr Tian
      222 words
    • Article
      Lock icon Indonesian MP denies Aussie charges
      163 4 AFP AN INDONESIAN parliamentary leader has rejected charges by the Australian Labour Party that there is political repression in his country, the Indonesian news agency Antara said yesterday. "What happened in Indonesia a few years ago was a streamlining of political parties based on deliberation
      AFP  -  163 words
    • Article
      Lock icon Seoul's trade surplus with US expected to fall
      339 4 AP BECAUSE of the won's appreciation, South Korea's trade surplus with the US is expected to drop to US$B.6 billion this year from US$9.6 billion in 1987, the Korea Foreign Trade Association said yesterday. The Korean currency, under American pressure, has so
      AP  -  339 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1004 4 ARRIVALS Operator Sorvfc. Local From number tin* JAl JL617 0340 TYO CAl 0333 0405 TPE su SQ491 0525 •WN MAS MH603 0620 Km AC AC584 0725 YYZ/YH2/ MAS •RU/DXB MH640 0820 Km SV SV398 0835 JED/RUH StA SQ4I7 0845 DXB/KHI MAS MH651 0910 PEN MAS MH630 0920
      1,004 words
    • Article, Illustration
      Lock icon Mrs Aquino leaves on first official trip to Europe
      422 6 AFP PRESIDENT Corazon Aquino left Manila yesterday for her first official European visit despite fresh outbreaks of political violence in the capital and at a nearby US military base. "I leave for abroad without wild speculations about the stability of the
      AFP  -  422 words
    • Article
      Lock icon Manila unions and employers mixed in their assessments
      354 6 AP PHILIPPINE PRESIDENT Cory Aquino addresses the prestigious International Labour Organisation today, but labour and management are mixed in their assessment of her government's record on worker rights. The speech in Geneva will be a highlight of Mrs Aquino's first visit to
      AP  -  354 words
    • Article
      Lock icon Two parties merge to give boost to Cory's programme
      121 6 Reuter TWO of the three major parties in Philippine President Corazon Aquino's coalition said yesterday they had merged to throw greater weight behind her legislative programme. The Lakas Ng Bansa and PDP-Laban groups formed the New Laban Ng Demokatikong Pilipino (Fight
      Reuter  -  121 words
    • Article
      Lock icon Bangkok governor's party wins city by-election
      199 6 AFP BANGKOK Governor Chamlong Srimuang's party won a city assembly by-election in Bangkok last week. The by-election was seen as a test of strength for the two leading parties ahead of a July general election. Radio Thailand announced. The state-owned radio said Mr Chamlong's
      AFP  -  199 words
    • Article
      Lock icon Consultative council to be set up to draft Macau's Basic Law
      231 6 AFP Jl PENGFEI, China's director of the Hongkong and Macau Affairs Office, said during a visit to Macau that a consultative council responsible for the drafting of Macau's Basic Law will be set up. Mr Ji, the highest ranking
      AFP  -  231 words
    • Article
      Lock icon Japanese May bankruptcies down 20pc
      334 6 Reutef THE NUMBER of corporate bankruptcies in Japan fell by 20 1 per cent in May from a year earlier the 41st straight month of declines The Tokyo Commerce and Industry Research Co said yesterday that bankruptcies dropped 7.4 per cent from April. Business failures
      Reutef  -  334 words
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      Page 4 Advertisements Column 1
      176 4 FOCUS, Pag« 7 1 Sharp space-saving facsimiles offer instant relief from office pain due to cramped quarters, lack of time or low efficiency. If your office is suffering from communications ailments that need immediate treatment, see your Sharp dealer today. He has some modern cures that are very easy to
      176 words
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      57 4 F I \l If I The business person's choice, every I I II ||l I Tuesday. Thursday. Saturday and I MI I I m Sunday. Leaving Changi Airport at _L JL 22 05 hours and arriving at Lester B Pearson International Airport the following day Call your Travel Agent or
      57 words
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      105 5 (3 legance, f/iey say, is good taste K. Pius a dash of daring, t M This month our chef selects: Sweetbread and wild forest mushrooms in a puff pastry topped with a light cream sauce. CIUC& Vineyard snails with a hint of garlic spiced with a mild red pepper sauce
      105 words
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      366 6 Think of it. When your company succeeds with the assistance of our comprehensive business banking services. Or when your foreign exchange risks are minimized with the help of our wide range of treasury financial services. \bu ll know you've made the right move when your main bank bears the name
      366 words
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  • FOCUS
    • Article
      What China can expect next year: Merrill Lynch
      1314 7  -  China's economy will face a dose of realism in the coming years. Its gross domestic product growth is expected to slow down in 1988-89 from a high of 9 per cent to 7 per cent. HARISH MEHTA of the Foreign Desk analyses
      1,314 words
    • Article
      Industrial growth expected to remain strong
      553 7 A REMARKABLE aspect of the Chinese economy is that despite heavy deflationary pressure, industry will grow by a solid 8 to 9 per cent in 1988-89. This, however, is lower than last year's double-digit growth because of tight fiscal and monetary policies and the
      553 words
    • Article, Illustration
      Agriculture unlikely to expand by more than 3.5pc
      739 7 CHINESE FARMS may look the perfect picture of serenity, but an intense struggle for survival and profitability is going on in this vital sector of the economy. China s farms, accounting for over 40 per cent of its national output and feeding
      739 words
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      166 7 SHANGRI-LA INTERNATIONAL SHANGRI-LA EXECUTIVE ACCOMMODATION PLAN CHINA MALAYSIA TIIAILAND THE EXECUTIVE ACCOMMODATION PLAN OFFERS YOU: Single or twin accommodation at the same special rate Daily breakfast Late check-out of 4pm No pre-payment required Shangri-La Family Plan. No additional charge for child aged 18 years and under occupying the same room
      166 words
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      Page 7 Advertisements Column 2
      285 7 NEW TECH PARK SOUTHEAST ASIA'S FIRST In late 1988, high-tech companies will have a base of operations that's unlike any other. A prestigious, futuristic building set in a landscaped park in Lorong Chuan. Offering 44,500 sq m of production area over 5 levels. Each of which has 8,870 sq m
      285 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon French Socialists looking for a coalition partner
      495 8 A minority government is another possibility for Mitterrand AP PRESIDENT Francois Mitterrand's Socialists have emerged from legislative elections with the biggest bloc of votes, but are looking to the Communists or the centrists for a coalition partner to form a National Assembly majority.
      AP  -  495 words
    • Article
      Lock icon Money markets in France face double threat
      535 8 Reuter FRENCH money markets, which only last week looked set for further gains, now face a double threat from Sunday's inconclusive general election and a stock market scandal that threatens to embroil bourse authorities. Results late on Sunday showed that President Francois Mitterrand's
      Reuter  -  535 words
    • Article, Illustration
      Lock icon Genscher welcomes Soviet arms statement
      225 8 AP FOREIGN MINISTER HansDietrich Genscher welcomes new Soviet moves towards forging a conventional arms treaty with the West, but only as a starting point for future negotiations, his spokesman said in Bonn on Sunday. "This will have to be looked at very closely, but it
      AP  -  225 words
    • Article, Illustration
      Lock icon Poll: majority of Americans against third Reagan term
      414 9 AP A SUBSTANTIAL majority of Americans say they would not vote for Ronald Reagan, winner of two landslide presidential elections, if he could seek a third term, a Media General-Associat-ed Press poll has found. Most Republicans in the national poll supported Mr
      AP  -  414 words
    • Article
      Lock icon Dukakis, Jackson still split over taxes, defence
      389 9 Reuter US DEMOCRATIC presidential candidate Michael Dukakis has settled his policy difference with black leader Jesse Jackson on South Africa, but the two remain at odds over taxes, defence and other thorny issues. Platform-writing aides of the Massachusetts governor yielded to Mr Jackson's
      Reuter  -  389 words
    • Article
      Lock icon Yugoslavia in debt deal
      164 9 Reuter YUGOSLAVIA has reached agreement with its Western creditors to reschedule US$946 million of debt, according to the Belgrade newspaper Politika on Sunday. The agreement, expected to be signed shortly, provided for a 10-year rescheduling of a part of principal and interest, with a six-year grace
      Reuter  -  164 words
    • Article
      Lock icon Dubcek: Support Gorbachev's reforms
      265 9 UPI ALEXANDER DUBCEK, the ousted Czechoslovakian leader whose reformist "Prague Spring" Movement of 1968 was crushed by Soviet tanks, urged Western nations in an interview to support the reforms of Mikhail Gorbachev. "I support Gorbachev's policies unconditionally," Mr Dubcek told Life magazine in an interview in
      UPI  -  265 words
    • Article
      Lock icon Takeshita faces first summit as premier
      181 9 AFP NOBORU TAKESHITA attends his first Western summit as Japan's premier in Toronto next week with the task of living up to the image of his predecessor Yasuhiro Nakasone. but Japan s brilliant economic performance should make things easier for him, analysts in Tokyo
      AFP  -  181 words
    • Article
      Lock icon Summit likely to sidestep thorny farm issues
      397 9 Reuter TWO YEARS after they first called for an overhaul of their farm economies, the world's seven largest industrial powers appear ready to sidestep the thorniest issues facing global agriculture. The heads of state of the Group of Seven nations, meeting in Toronto
      Reuter  -  397 words
    • Article
      Lock icon Economists urge alignment of growth rates
      184 9 Reuter THE "Group of Seven" nations should align growth rates, reduce exchange volatility and open trade to avoid global recession, a US news magazine on Sunday quoted international economists as saying. The leaders of the US, Britain, France, Japan, Italy, Canada and Weat Germany,
      Reuter  -  184 words
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      160 8 Europe with Thai mrr i .;4JK: "S> K*»*l fclhKv *.«M M ®t 4 mr 11 -1-m/ BffiSiAthens, Amsterdam, Copenhagen, Paris, Frankfurt, London, Rome, Stockholm. They're 2 Vt. hours shorter with Thai. If you re on your way to any one of the seven exciting European cities, you'd be pleased to
      160 words
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      Page 8 Advertisements Column 2
      246 8 Qty? %iab%£ at iEmmtto Sjtll s"™ HU 3jS!H 1138 S ov Of# vV II If If If I! 31 it if H Jf it H ii H ill M 21 II Jf )l M M II )i II IS Ml ai>t ft am liiiii ilgl finr.l i |Oi| l«WI merald
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      254 9 Computers and Communcations Office management j 7 >" jr. 'ii *r i jr > y> t V r S Jfar r?/n^ Dur common sense saftware gets rigbt la UK pent Selecting a mainframe for your growing company means more than just picking the best hardware. It has to run software
      254 words
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  • COMMODITIES
    • Article
      Lock icon Kuwaiti minister to discuss BP stake with London officials
      213 10 Reuter KUWAITI Oil Minister Sheikh All al-Khalifa al-Sa-bah is to hold talks in London with officials of the Monopolies and Mergers Commission (MMC) about Kuwait's stake in British Petroleum Co PLC, delegate sources at the OPEC talks in Vienna said. The
      Reuter  -  213 words
    • Article
      Lock icon Caltex Pacific Indonesia strikes oil
      151 10 AFP CALTEX Pacific Indonesia has made its second onshore oil strike this year with a discovery at the Mangga No 1 exploratory well in the Sumatran province of Riau, the state oil company Pertamina said yesterday. The well is located some 45 kilometres (28 miles)
      AFP  -  151 words
    • Article
      Produce prices
      180 10 Chin*M Produc* Exchange Sollor*' noon doting pr lc*s on Am 13 (S$/100 kg) Coconut oil tuft F06 115.00 Old drum FOt 125.00 Now drum FOt 129.00 Copra Mtaod (Ioom) 66 Pepper FOt NLW 1117 JO JOlUWOK W HI# FOe faq NLW 1102 JO Sarawak facial Mack FOB NLW
      180 words
    • Article
      Lock icon Chemical exports
      78 10 AFP INDIA'S exports of chemicals and related products reached a record US$79O million in the first 11 months of fiscal 1987-88, official figures released yesterday in New Delhi showed. Exports of chemicals from April through Febru- ary were up US$23B million over the same period last year and
      AFP  -  78 words
    • Article
      Precious Metals
      305 10 HONGKONG: Gold market was closed yesterday for Queen's Birthday TOKYO: Yen-denominated gold futures closed lower yesterday on stop-loss long liquidation by private investors, dealers said. Prices ended 16 to 22 yen per gram weaker. Sharp drops in the Chicago soybean market, which has been a main indicator of
      305 words
    • Article
      Oil and Products
      100 10 THE BEST Opec seems (FOB origin) US$/berrel Chang* able to achieve is a US»/borr»l Oang, r«niM 20 30 -0.3J roll-over of the old agreeTop*. Uwtl 17.00 me* GOMI 19S9 -0.20 ment. In reaction, the marfMnm (June) 17.00 imdi DnWMrl 13 95 -0J3 law Suipfc Wo« y hi
      100 words
    • Article
      Palm Oil
      267 10 Malaysian cruda palm oN futures closed slightly easier in moderstely sctive trading on the Kuala Lumpur Commodity Exchange yesterday. The market opened tower in line with the easier soybean futures on the Chicago Board of Trade. Values turned eaaier in the afternoon as sellers dominated the floor on
      267 words
    • Article
      Lock icon Rubber
      423 10 Reuter SMGAPORE The rubber market closed slightly easier yesterday with July 1 RSS buyers price quoted at 287.00 cents/kilo, down one cent from last Friday's close, dealers said. They said after a steady opening at around Friday's levels, prices fell slightly in quiet morning trading following lower Japanese advices.
      Reuter  -  423 words
    • Article
      Lock icon KL Tin
      217 10 Reuter The Kuala Lumpur Tin Market (KLTM) priee eased yesterday four cents from laat Friday's cloae to M 518.12 a kg In tekty active trading, dealera said. The tad waa aOTbutod lo a continuing high supply of metal annaiudatail over tie weekend. Turnover was 142 tonnes at the
      Reuter  -  217 words
    • Article
      SSR and SMR
      79 10 t 1 JUIY 1988 AUGUST 1988 (currant month) (iffwc trd iwOJ RAS NO ON N OON Sdm Srfan SSI 30 253.00 260.00N 255.00 260JOON SS> 50 253.00 254.00N 25X00 2M.00N MRELB feyc Sriten Mm SMC CV 595.00 597.00N 597.00 599 OON SMt I 604.00 606.00N 606.00 60*-00N
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    • Article
      RAS and MRELB
      246 10 RAS prices m c**** NOON Ml* Mm CLOSE y* i kss ta» 1 RSS My 88 Int 1 RSS August tat 2 RSS Of tat 3 RSS Of tat 4 RSS Of tat 5 RSS Of Oedng ton* QM RAS forward 284-50 1 284.50 299 JO *****
      246 words
    • Article
      Lock icon Cocoa sales policy could hurt Ivory Coast
      284 11 Reuter IVORY COAST'S cocoa sales embargo could hurt the country, the world's biggest cocoa producer, for years to come by eroding its share of the world market, chocolate industry sources say. "The cocoa will have to be spld at some stage, and the
      Reuter  -  284 words
    • Article
      Lock icon M'sia to boost cocoa production
      196 11 Bernama MALAYSIA is expected to become the world's second largest producer of cocoa within the next five or six years. Mardi directorgeneral Datuk Dr Mohamad Yusof Hashim said last Saturday. > He said that if all current programmes to develop the industry were carried out
      Bernama  -  196 words
    • Article
      Lock icon Furniture expected to lead Malaysia's wood industry
      132 11 Bernama THE FURNITURE, moulding and joinery industries will be the main thrust of the M4laysian government's efforts to develop woodbaaed industries in Malaysia, a Malaysian Timber Industry Board official said yesterday. The board's director of planning and development Miaa Roszehan Mohamed idrua said
      Bernama  -  132 words
    • Article
      Lock icon Third straight rise for US producer prices
      642 11 NYT PRICES at the producer level rose in May for the third straight month, offering another sign that inflation this year is expected to reach its highest level since 1961. The producer price index for finished goods climbed five-tenths of one per cent
      NYT  -  642 words
    • Article
      Lock icon 'Opec talks may end today'
      114 11 Reuter VENEZUELAN Oil Minister Arturo Hernandez Grisanti said Opec talks may end today with an agreement on an oil production ceiling. Iraq's Issam Abdul Rahim alChalabi also said he hoped the talks would end today. "Some ministers have commitments to leave Vienna Wednesday or 50...
      Reuter  -  114 words
    • Article
      Lock icon Opec expected to extend accord limiting output
      452 11 Ministers may agree to disagree Reuter OPEC MINISTERS look set to extend to the end of this year their pact limiting oil output, despite seemingly irreconcilable differences on how to boost prices, delegates say. The 13-nation Organisation of Petroleum Exporting Countries headed into
      Reuter  -  452 words
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      Page 10 Advertisements Column 1
      329 10 "Let me introduce my private collection of the original Maichetto Cuisine for lunch. ttmeHAPt V/tPIV, w(ff» rtjjcgp tjMUev 4*lois>rA ntffi f»Mfi tofrv 4m" /fifWdaf t* H.us (f Tfmftv w f« mww VHfey ctlicKtu "flirt ctfAM CHEfk MWU Ltfn^^na CAi*btUm fAtPttiALi Miff) wtKf «r»/{ AfX <jf "flhcbcQt tnflflTt HtTH micHttfS Ahp
      329 words
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      245 11 OA HINGE fr FLIPPER STORAGEOA PERSPEX SCREEN t -SOS'** ftfl > *->'; I f Mmm HIP Ms;?;: C:- OA TWO FILE DRAWER OA COUNTER LIKE MOST EFFICIENT OFFICE SYSTEMS. THIS ONE OWES ITS SUCCESS TO THE SUM OF ITS PARTS. The making of fine office chairs is regarded by many
      245 words
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  • PERSPECTIVE
    • Article
      Behind the riots in Seoul
      448 12 THE LEFT-WING STUDENT demonstrations in South Korea last Friday were deliberately calculated to test the resilience of President Roh Tae Woo's government. Those behind the demonstrations felt that pushing the complex and emotive issue of reunification, exactly one year after demonstrations forced former president Chun
      448 words
    • Article, Illustration
      Portraits of our past
      1019 12  -  Two men, drawn by a common interest in the architectural styles of Singapore, have published an informative guidebook on the numerous known and less familiar buildings and park spaces here. TONG SUIT CHEE talked to the two authors. TONG SUIT CHEE A FIVE-YEAR SEARCH into Singapore's
      1,019 words
    • Article, Illustration
      Good, but it could be better
      446 12 DO YOU OFTEN pus by a building which Intrigues or charms you and makes you want to know mora about its designer or background? If you have, then you will find Singapore: A guide to buildings, streets and places a gem. The 600-page guidebook
      446 words
    • REGIONAL VIEWPOINTS
      • Article
        Spectre of inflation
        384 13 Our weekly summary of what other publications have to say about issues of regional interest CHINA "THE POLITICAL WILL of China held firm yesterday as the Politburo ended its special aession to discuss inflation with a pledge to proceed with reforms. Any decision to return to firmer
        384 words
      • Article
        Labour squeeze
        358 13 HONGKONG "THE LABOUR SHORTAGE in Hongkong has now affected the retail industry. The territory's largeet grocery chains say they, like many other industries, are seriously understaffed. But there is no immediate answer in any society to labour shortages of the type that Hongkong is now experiencing. Grand schemes
        358 words
      • Article
        Watch those arms
        350 13 THE PHILIPPINES "THE NATIONAL BUDGET debate has opened with the disclosure that the defence department has requested a 51.12 per cent increase of its budget to 27.84 billion pesos tor FY1989, up from this year's 18.09 billion pesos. The hefty increase exceeds the limit set by the
        350 words
      • Article
        Alternatives to look into
        300 13 INDONESIA "FINANCE MINISTER JB Sumarlin, while appreciating Japan's new aid commitments of US$2.3 billion to Indonesia for 1968/89, nonetheless asked Japan to help reduce the country's debt service burdens using one of three financing alternatives. "Sumarlin suggested at an Indonesia-Ja-pan conference early this week that: Japan
        300 words
    • Article, Illustration
      Lock icon Regional bilateralism gains popularity
      821 13  -  Regional bilateralism has surfaced to challenge the global move towards freer trade. CLYDE FARNSWORTH reports. CLYDE FARNSWORTH NYT A NORTH AMERICAN trading bloc of 250 million people may soon face off against a Western European trading bloc of 320 million people. In Tokyo, Sydney and other
      NYT  -  821 words
  • Page 12 Advertisements
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      240 12 Ud lecW q HP* £aS VJI>I c \ors ne>N >s P (e f te c\" otTl J" node' m tec^° 0P !l fl ft vN^ W« <• mW dSmrn *>-> *> East par igroUP fechn tem Unite* Technigroup Far East Re Ltd is the manufacturer of the Unitek and S-Tek
      240 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      635 12 CRYPTIC PUZZLE ACROSS 1 Happy ignorance? (5) 6 Letter with requests for worts (5) 9 Opportunity for learner in church architecture (7) 10 Harass, nominally (5) 11 Frequent letter to a relative (5) 12 Foreign film? (5) 13 Recover or obtain supplies from down under* (3. 4) 15 Joined in
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  • Page 13 Advertisements
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      139 13 Manufacturers Hanover This advertisement appears as a matter of record only MONTE DEI PASCHI Dl SIENA MPS BANCA DAL 1472 Monte dei Paschi di Siena (A Public Law recognized Bank in the Republic of Italy) Singapore Branch 5Fr.100,000,000 4/a% Depositary Receipts due May 4,1993 Manufacturers Hanover (Suisse) S.A. Manufacturers Hanover
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1219 13 TO OK© aaOQiD PM Opening Announcement and Programme Highlights. Carol Burnett And Friends. The Yellow River The Path Of Buddha (See highlights). World Music Album. To The Manor Bom (r). Audrey is not very happy when she discovers that DeVere is not living up to his responsibilities as lord of
      1,219 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon The music of silence
      451 14  -  MIME SINGAPORE FESTIVAL OF ARTS /C 1088 Jfc By CLAIRE LEOW MARCEL MARCEAU is known for his eloquent silence, the ability to communicate without words. But when he met the press yesterday, he just talked and talked and talked. "I love words. The French love to
      Photos by AZIZ HUSSIN  -  451 words
    • Article
      Lock icon Lakers race to 2-1 lead in NBA finals by beating Pistons
      427 14 UPI THE LOS ANGELES Lakers finally took their rousing show time act to the road on Sunday. Led by James Worthy, who scored scored 12 of his 24 points in the first six minutes of the decisive third period,
      UPI  -  427 words
    • Article, Illustration
      Lock icon Senna triumphs in Canadian Grand Prix
      272 15 AP BRAZIL'S Ayrton Senna overcame a bad start on Sunday and blazed his turbo-powered McLaren Honda to a victory in the Canadian Grand Prix. Senna's McLaren teammate, Alain Prost of France, finished second, but crossed the finish line 5.934 seconds behind Senna. Thierry Boutsen,
      AP  -  272 words
    • Article, Illustration
      Lock icon Becker demolishes top seed Edberg
      447 15 UPI WEST GERMAN Boris Becker sounded a Wimbledon warning on Sunday, outgunning top seed Swede Stefan Edberg 6-1, 3-6, 6-3 to win the U*****,000 Stella Artois grasscourt tennis tournament for the third time in four years. The strawberry-blond 20-year-old destroyed the world No 3 with
      UPI  -  447 words
    • Article
      Lock icon Ballesteros wins sudden-death playoff
      371 15 UPI SEVE BALLESTEROS of Spain sank a 5-foot birdie putt on the first extra hole and won a four-way suddendeath playoff on Sunday in the Westchester Classic golf tournament in New York. Ballesteros, who lost this title in a playoff on the same hole a year
      UPI  -  371 words
    • Article
      Lock icon US Open returns to Brookline
      197 15 UPI THE US OPEN is returning to one of the most hallowed locales in American sport to celebrate the 75th anniversary of the event that helped make golf a world game. With the sport now in the midst of another wave of internationalism, the world's
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    • Article
      Lock icon Kalambay keeps WBA title
      160 15 AP ZAIRE-BORN Sambu Kalambay retained his World Boxing Association (WBA) middleweight title on Sunday with an unanimous decision over challenger Robbie Sims of the US. Shortly after the 12round title fight ended, the former middleweight champion and older brother of Sims, Marvelous Marvin Hagler. announced his
      AP  -  160 words
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      246 14 COURVOISIERXO-HIIII 14 I VI.I UNI Grills Greens m A choicc of 18 salads, five cold cuts, soup, three roasts, eight grills 12 desserts. What more could you ask for? The entire buffet spread is yours for $25.50 per adult $15.00 per child under 12. For lunch only at the p/VfwScc
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      Page 14 Advertisements Column 2
      242 14 MING PALACE OR POOLSIDE STEAMBOAT Bring your family and friends and enjoy our steamboat buffet dinner laden with fresh prawns, succulent seafood, fresh vegetables, eggs and noodles. Cook up a steaming hot, mouthwatering meal... mmrr then take a second helping or more. Share an all-you-can-eat steamboat with famity and friends
      242 words
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      Page 14 Advertisements Column 3
      170 14 Marool Mmrtmmu wM portorm at thm World Trmdm Cm*» Auditorium until Thurodmy. Sold Out Salutes the Ladies Chinoiserfe salutes the 'fairer sex' every Tuesday Night. Ladies it's your night out, for fun, and great times. Cover charge is exempted for all females, so guys, tonight's the night to spoil your
      170 words
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      Page 14 Advertisements Column 4
      200 14 Experience the delicate taste of Claypot Sharksfin again in June. Delicate sharksfin and crab claw...a unique Thai dish that shouldn't be missed. Or take up one of two special 10-course set menus with complimentary Hennessy XO. $398++ (plus free pint) $498++ (plus free quart) Whichever you choose, it will be
      200 words
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      Page 14 Advertisements Column 5
      167 14 Heat 1 Heat 2 Heat 3 Heat 4 Heat 5 SmniTwk m a 4 Discotheque We're Masting off tonight and every night at Para Wave Discotheque. Take off to the stars... groove to the pulsating rhythms spun by our dynamic music makers. Burin—i Hours A First Drink Charge: Weekdays Sundays:
      167 words
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  • Page 15 Advertisements
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      290 15 ENTICCTAIIN 4 lUu m. < k ia V M U.S. Beef Primed To Perfection June 1-30,195S The best of both worlds: U.S. Prime Beef, wilt be used in authentic Japanese cuisine. Enjoy favourites like Shabu-Shabu, Sukiyaki, Teppanyaki, Gyu Tataki and Gyu Sashi, or try our hearty U.S. Beef Set Lunch
      290 words
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      Page 15 Advertisements Column 2
      287 15 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES. PADvI p or $26+ and $40+ you can select from our appetiser vjKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses. And finish with mouthwatering
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      Page 15 Advertisements Column 3
      7 15 o o c 1 cn 5 s
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      Page 15 Advertisements Column 4
      83 15 V For Fine Russian and Continental cuisine... Wine and dine at a new restaurant with an age old tradition of impeccable service and authentic Shashlik, Borscht, Chicken a-la Kiev and, what we believe is, the best fish menu. All delicately prepared by Tony Han (Executive Chef of former Troika). BELUGA
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  • Page 15 Miscellaneous
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1058 16 SINGAPORE: THE US dollar closed slightly higher against major currencies while sterling rose on position adjustment after an uneventful day as operators were awaiting release of today's US April trade data at 1230 GMT, dealers said. The dollar rose to 125.10/20 yen from 125.05/15 in New York on
      1,058 words
    • Article, Illustration
      World interest rates
      184 16 Indicates Km average of ttw prim* landing rata* o4 12 ma|or banks In S'pora Interbank market rates (offer/bid) on June 13 us$ DM SWFC Y«n 7 days 7 7/16 3/14 7 7/• 3/8 3 9/16 7/16 2 7/8 3/8 4 1/16 3 13/16 1 m* 7 5/8
      184 words
    • Article
      Money markets
      56 16 OVERNIGHT money dropped >4 point to close at 3)4 per cent yesterday. One-.two- and three-month rate rose by 1/16. S$ interbank rates at 12 noon y ester day: OW» MO Ownight 3 1/4 3 1 iii<i 4 3 7/9 7-month 4 1/16 3 15/14 3 munUi 4 1/1*
      56 words
    • Article
      Government securities market
      81 16 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFF€R HKJH low 3 month* BQ*****Z 08.09.88 3.92 3.87 3.80 3.80 6 month* BY*****T 24.11.88 3.89 3.84 1 year BY*****Z 23.3.89 3.86 3.81 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID
      81 words
    • Article
      Asian dollar market
      295 16 Asian dollar deposit rates closed unchanged from opening yesterday with many players remaining on the sidelines. Trading was thin and inactive as operators anxiously awaited the US April trade figures due tomorrow. Overnight and weekfixed rates were unchanged from the morning s levels at 7-7/16 7-5/16 pet
      295 words
    • Article
      POSB draw on Saturday
      73 16 Post Office Savings Bank will be holding its 1988 June lucky account draw at the POSB Centre, Bras Basah Road, this Saturday at 3pm. Every savings and current account holder who has a minimum of $1,000 in his account for the period from March 5 to
      73 words
    • Article
      Simex
      489 16 EURODOLLAR futures opened slightly higher yesterday than Friday's dosing level following the drop in CRB index and commodities' prices. The September contract opened at 92.02 and traded to the high of 82.06 in quiet trading with traders awaiting the release of US merchandise trade figure for further direction. The
      489 words
    • Article
      Lock icon IMM
      303 16 Reuter IMM currency futures were mostly lower last Friday but off the lows of the session in quiet early trade. The 0.5 per cent rise in the May US producer price index had little impact on currencies as it was in line with expectations, traders said. Declines in most
      Reuter  -  303 words
    • Article
      Options
      1481 16 CURRENCY FUTURES OPTIONS DEVI Monday, Junt 13, nrmuM 1988 M 88 uh M* lO» M ArtOOpali M*» Lm •ao 54 59 60 34A I3A 34 178 508 1338 21 63 137 M*» Lot* 0a0 AN«P* W* Lmi M 57 59 59A 54 17 NOMb Ln M 8ap 00 p«ti
      1,481 words
  • Page 16 Advertisements
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      244 16 COMPUTER FOR SALE WANG VSBO COMPUTER SYSTEM (in perfect operating condition) with the following peripherals: 512 KB memory 2 x 75 MB diskdrive 1 x 15 MB diskdrive 1 unit 250 LPM Band Printer model 5573 1 unit Power Supply Stabilizer 1 unit Daisy Wheel Printer with twin sheet feeder
      244 words
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      Page 16 Advertisements Column 2
      8 16 BANQUEINDOSUEZ 3 Shenton Way. Shenton House, Singapore 0106
      8 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Saudi Arabia tailors government bonds to Islamic principles
      494 17 Reuter SAUDI ARABIA has carefully tailored a pioneering government borrowing programme to uphold Islamic principles and avoid a confrontation with conservative religious groups over the thorny question of interest payments. Gulf bankers said it was vital economically and politically that the kingdom's
      Reuter  -  494 words
    • Article, Illustration
      Lock icon European currency union a long-term goal, says Kohl
      374 17 IHT WEST GERMAN Chancellor Helmut Kohl said the creation of a European currency union will be discussed at the European Community's summit meeting starting on June 27, but as a long-term goal rather than an immediate priority. Mr Kohl, who also said
      IHT  -  374 words
    • Article
      Lock icon US interest rates seen to be stable in next few weeks
      885 17 Release of April trade figures likely to have little effect NYT THE CONDITIONS that have enabled long-term interest rates to stabilise at around 9 per cent should remain in place for the next few weeks, credit market analysts in
      NYT  -  885 words
    • Article
      Lock icon BIS: Governments must act against new slide in dollar
      539 17 UPI, AFP GOVERNMENTS must remain ready to prevent any new slide in the US dollar if they want to avoid a repeat of last year's stock market crash, the Bank for International Settlements (BIS) said yesterday. Work must also continue on
      UPI,; AFP  -  539 words
  • Page 17 Advertisements
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      492 17 I IPII ill III! H in IH 11 !I 11 J > II if If lli I 1 Slll i i 111 i ills 11 it i. i iw\ ri w 1 fiiiu wslaSiliilii: li ■it WfCSßangkok MR Richard Ellis RICHARD ELLIS APPOINTED SOLE INTERNATIONAL MARKETING AGENTS FOR THE WORLD
      492 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Share prices fall in widespread profit-taking
      4845 18 THE STOCK MARKET yesterday showed signs of a correction with share prices losing some ground on across-the-board profit-taking. In a day of controlled profittaking, the Straits Times Industrial Index closed 3.69 points lower to 1,042.74 after a firm opening. However the ST Index managed
      4,845 words
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  • COMPANY NEWS
    • Article
      Lock icon KL likely to outpace other regional stock markets: James Capel
      402 19 Reuter THE Malaysian stock market ia likely to outperform other regional marketa in 1988, according to a Far Eaat stockmarket review by stockbroker James Capel in Hongkong. "Given the improved political environment, low interest rates and lack of inflationary pressure.
      Reuter  -  402 words
    • Article
      Malayan Credit's profit up 36pc at $1.38m
      495 19  -  After-tax figure falls short of forecast By LISA LEE A TAX PROVISION of $979,000 for previous year's profits was the reason why Malayan Credit Ltd failed to meet its earlier after-tax profit forecast for the year ended March 1968. Although the property-based group
      495 words
    • Article
      Sing Investments incurs $873,000 after-tax loss
      277 19 A POORER second-half performance has led Sing Investments and Finance Ltd to turn in worse-than-expected final results for the year ended Dec 31, 1987. The medium-eized nonbank affiliated finance company made an operating after-tax loss of $873,000 (previous loss of $160,000) in the final
      277 words
    • Article
      KFC (S) may take stake in Thai company
      193 19 KENTUCKY Fried Chicken (S) Ltd, which is on the look-out for new investments in Singapore and the region, is considering taking a strategic stake in a company in Thailand. In the group s latest annual report, chairman Oatuk Or Mokhzani Bin Abdul
      193 words
    • Article
      Lock icon NSOP plans to make acquisitions
      149 19 Bernama NEGRI SEMBILAN Oil Palms Bhd (NSOP) plans to make some acquisitions to increase its land area for oil palm. Speaking to reporters after N SOP's annual general meeting in Kuala Lumpur on Saturday, a spokesman said: "A few deals are in the pipeline which
      Bernama  -  149 words
    • Article
      Dah Yung to sell off subsidiary for $600,000
      323 19 DAH YUNG Investment Ltd will sell off its medical services subsidiary for $600,000 $4.6 million less than what it cost the group in 1964. The Medical Laboratory, a wholly-owned subsidiary, engages in medical and pharmaceutical analyses. Dah Yung had issued 1.67 million
      323 words
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      Lock icon Genting ready to take advantage of better M'sian economic performance
      370 19 Bernama GENTING BHD is well poised to face competition in the market as well as take advantage of the upturn in the Malaysian economy, said company chairman Tan Sri Lim Goh Tong. In his 1987 report, he said that Genting
      Bernama  -  370 words
    • Article
      Lock icon Asiatic has liquid resources for expansion: chairman
      307 19 MBT ASIATIC DEVELOPMENT, the 70.9 per cent-owned plantation subsidiary of Genting Bhd, has substantial liquid resources to expand and seek out investment opportunities. The outlook for 1988 is good. Commodity prices are currently at attractive levels, especially the price of rubber which recently
      MBT  -  307 words
    • Article
      Promet Petroleum aims for full share in Indonesian oil project
      264 19 PROMET Petroleum, the Hong-kong-listed company now controlled by the Chuan Hup group, is negotiating to gain the remaining 25 per cent stake in an oil recovery project in Indonesia. The Bunyu oil recovery contract is held by Mainline Resources, in
      264 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      661 19 NOTICES FOR SALE PARTICLE BOARD PLANT WITH LAMINATING LINE Modern second hand particle board (chipboard) plant machinery, in very good condition. for sale in Scandinavia. Most of the equipments manufactured 1978. Press-size: 2610 x 5150 mm. single opening. Capacity: 80 m 3; 23 hours. LAMINATING-LINE for i.e. MelaminePapers: Press-size: 2150
      661 words
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      Page 19 Advertisements Column 2
      488 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CHIP HENG BEE (PTE.) LTD. (In Members' Voluntary Liquidation) Special Resolutions NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of CHIP HENG BEE (PTE.) LTD. duly convened and held at 141 Middle Road. #06-03 GSM
      488 words
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      Page 19 Advertisements Column 3
      412 19 Meet the name behind the glory of IBM Premium/286 Also available Premium/386 and Premium Workstation •According to IMS America Ltd s Sat tonal Computer Retail Report a monthly audit of computer specialty stores m the US tor the month ending 31 May 1987 y AS trademark of AST Research. Inc
      412 words
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  • REGIONAL MARKETS
    • Article
      Business done on the SES
      4286 20 810 and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified All! Time Settlement Contracts are' quoted after the word "SETT".
      4,286 words
    • Article
      Kuala Lumpur prices ease across the board
      3486 20 AFTER several days of upswing, bulls decided to take a breather yesterday causing prices on the Kuala Lumpur stock market to fall marginally across the board in lacklustre trading. Reflecting the easier trend, the 30-counter New Straits Times Industrial Ordinary Share Index decreased
      3,486 words
    • Article
      Unit trusts
      285 20 Monageri' prices for June 14 >opor Of Fund Shortto* Thrift Fund UOB Man Un.tund Umbond* MARA-Bu Fiat Bputro Second B putra Third Bputro Fourth Bputro Fifth Bputro Sixth I'putro Sov#«th ft'putro (A) Sovonth Bputro <BJ Eighth B putro Ninth Bputro Tonth B putro 6l«vO*th B putro Worrior Invest
      285 words
    • Article
      Lock icon Tokyo
      503 20 Reuter TOKYO stock prices rose in moderate trade yesterday after Wall Street gained last Friday, in a market that lacked direction as investors awaited today's US April trade figures. brokers said. The Nikkei Index rose 116.18 points, or 0.42 per cent to 28,036.54, against Friday's close of 27,920.36. .Saturday
      Reuter  -  503 words
    • Article
      Lock icon Bangkok
      167 20 Reuter THE SECURITIES Exchange of Thailand Index fell 0.53 to 444.52 on a turnover of 5,401,019 shares worth 846.97 million baht. Reuter JUNE IS BAHT Ao Kham Thai 366 -12 Ayudhya Invaatmai 422 20 Bangkok Aground 130 -3 Bangkok Bank 325 -2 Bank Of Ayudhya 348 -2 Charoong Thai
      Reuter  -  167 words
    • Article
      Taipei
      253 20 JUNE IS NT S 6 25 -03 Kuochan Oav Laa Chang Yuan 03 00 06 00 -25 •0 5 06 50 •4 71 00 -2 5 Cathay Con* 113 00 -65 Nan Ya Ptaa 01 50 Chang Hwa Bank Chong Loong Chta Main Camant Chin Main Floor 54(00 56
      253 words
    • Article
      Manila
      68 20 Aco|« Mining Oriantal B Phil Ovaraaaa 0 041 0 036 0043 unch unch 0 009 -0 0005 Ptcao R Apax Mining B 0 043 unch PLDT 180 San Migual B 190 unch 5 -03 0 025 -0 001 Banguat Con B Firal Phil Hidgs Lapanto B Marcoppar 105 40
      68 words
    • Article
      Seoul
      126 20 JUNE 11 WON Kai Kangwon Ind Kia Motor ***** ***** 100 -500 -400 Cheil Sugar ***** 400 -400 900 -300 -200 -100 -700 -700 Koton Ind 2400C -4700 Deeiim ind Daewoo Corp Daewoo Haavy Datahin Securities Dong Ah Phar Dong Suh Slock Dongtou Steel ***** ***** ***** ***** *****
      126 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      292 20 The Stock Exchange of Singapore and Business Times will present a seminar entitled Investment Opportunities in Asian Securities at the Westin Stamford and Plaza Hotel, Raffles City, Singapore, on Friday, July 15th, 1988. PARTICIPANTS in this seminar will hear expert views on the opportunities that currently exist in Asian stock
      292 words
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      Page 20 Advertisements Column 2
      12 20 Th« Sydney and Hongkong markets wer* doted yesterday for the Queen's Birthday
      12 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon UK private client stock deals may be at an end
      475 21 FT HOARE GOVETT's decision to sell off its private client business appears to confirm what commentators have suggested for some months: that private client stockbroking in its old-fashioned form is dead. The stock market Crash may have hastened the end.
      FT  -  475 words
    • Article
      Lock icon B and C sells Bricom to management and employees for £359m
      146 21 FT BRITISH and Commonwealth Holdings has announced the sale of Bricom, its transport and commercial services division, to management and employees for a total of £359 million (US$649 million). The long-awaited disposal, announced last Friday, leaves B and C
      FT  -  146 words
    • Article, Illustration
      Lock icon Why Chrysler stocks are commanding a low price
      1076 21 NYT JUDGING BY the Chrysler Corps low stock price, the financial community is taking a dark view of the company's prospects. But judging by the strong sales of jeeps, mini-vans and cars that have enabled Chrysler to increase its market share, consumers
      NYT  -  1,076 words
    • Article
      Lock icon Nat-Ned affiliate gets licence
      196 21 Reuter THE LARGEST insurer in the Netherlands, Nation-ale-Nederlanden NV (NatNed), said yesterday its US affiliate. Life Insurance Company of Georgia, had been granted a preliminary licence to start a life insurance branch in South Korea. Life Insurance is the first foreign company to be granted a
      Reuter  -  196 words
    • Article, Illustration
      Lock icon British Telecom turns in higher profits
      234 21 Pledge to improve telephone service Reuter BRITISH Telecommunications PLC will act to improve its oftencriticised telephone service. It also said that its pre-tax profits last year were up by 10.6 per cent last year to £2.20 billion (US$4.l4 billion). The national telecommunications company, sold
      Reuter  -  234 words
    • Article
      Lock icon Jacobs Suchard posts Rowntree offer document
      246 21 Reuter JACOBS SUCHARD AQ has posted its offer document lor Rowntrss PLC as part of its £2.31-billion bid battis, saying its offsrs are generous. In a latter to Rowntree shsreholders yesterday, Suchsrd chairman Klaus Jacobs said: "The offers sre generous they provide the basis
      Reuter  -  246 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      1237 21 SOON TECK FINANCE (Incorporated in me BALANCE SHEET AS AT 31 ST DECEMBER 1987 Not— IW7 IPB6 SHARE CAPITAL AND RESERVES Share capital Statutory raearve Revenue Retained profit Deferred taxation Represented by RXED ASSETS NON-CURRENT ASSETS Loana. advance#, hire purchase and block discounts due after 12 months CURRENT ASSETS Quoted
      1,237 words
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  • Article
    Petroleum pays best in manufacturing sector
    658 22  -  Footwear industry stands at the foot of the league By CHUANG PECK MING ALTHOUGH the output of the petroleum industry has fallen sharply, it remains the most generous paymaster in the manufacturing sector, according to figures compiled by the Economic Development Board. Last year,
    658 words
  • Article
    Ronald Li case: Swire ex-chief questioned
    325 22  -  By LILIAN ANG THE FORMER chairman of Swire Pacific, Mr Michael Miles, has been questioned by Hongkong's Independent Commission Against Corruption (ICAC) in relation to its investigation into the affairs of ex-stock exchange chairman Ronald Li. Cathay Pacific, the airline subsidiary of the Swire
    325 words
  • Article
    Lock icon Voters re-elect governor opposed to Tokyo tax plan
    289 22 AFP JAPAN'S ruling Liberal Democratic Party's (LDP) drive for tax reform has been shaken by another show of popular resistance as a provincial governor was reelected with an appeal against a proposed indirect tax. Yawara Hata, 77, whose old age and prolonged
    AFP  -  289 words
  • Article
    Lock icon KL backs Jakarta's bid to host non-aligned summit
    414 22 AP MALAYSIA'S Prime Minister Mahathir Mohammad said yesterday he supports Indonesia's bid to host the 1989 summit of nonaligned nations and a meeting of the four warring Cambodian factions. according to Indonesia's foreign minister. "Malaysia promised to inform other members of the
    AP  -  414 words
  • Article
    Lock icon Comex gold and silver
    93 22 Reuter COM EX GOLD FUTURES yesterday were narrowly changed in nervous two-way dealings ss traders assessed the opening indications of NYMEX crude oil and CBT soybeans. August gold held unchanged at U*****.30 an ounce after modest fluctuations of U*****.10 to U*****.90. Analysts said the opening expectations
    Reuter  -  93 words
  • Article
    Lock icon Seoul sets up committee to tackle violent student protests
    200 22 Reuter SOUTH KOREA'S ruling and opposition parties have agreed to form a special "re-unification" committee in parliament to help end violent student protests in the country. "Wttti our country having taken a great democratic stride in the past year, the re-unification
    Reuter  -  200 words
  • Article
    More incentive travellers
    87 22 THE SINGAPORE Tourist Promotion Board expects a 10 per cent increase in the number of incentive travellers to the Republic this year, and projects additional earnings of some $8 million. According to the Singapore Broadcasting Corporation yesterday, the number of incentive travel- lers here will hit 60,000
    87 words
  • Article
    Lock icon Joblessness good for economy: Chinese paper
    208 22 Reuter IN unprecedented attacks on the concept of full employment. the official Chinese press has said nearly a quarter of China's urban workforce is superfluous and that unemployment is inevitable and good for the economy. The People s Daily yesterday said that up to
    Reuter  -  208 words
  • LATE FILE
    • Article
      Lock icon Oil prices tumble in London
      50 22 Reuter OIL PRICES fell sharply yesterday as traders bet that Opec would be unable to agree on production cuts to mop up a worldwide petroleum glut. In London, the price of Brent crude oil plunged 50 cents to U5515.50 a barrel for delivery in July.
      Reuter  -  50 words
    • Article
      Lock icon Turkish PM arrives in Greece
      45 22 AFP TURKISH Prime Minister Turgut Ozal arrived in Athens yesterday amid tight security for the first official visit to Greece by a Turkish leader in 35 years. He was welcomed by Prime Minister Andreas Papandreou and Greek cabinet ministers. AFP
      AFP  -  45 words
    • Article
      Lock icon Thai Int'l to buy four MD-11s
      57 22 Reuter THE THAI government has given its final approval for national carrier Thai Airways International Ltd to buy four MD-11s from McDonnell Douglas Corp, a Cabinet spokesman said in Bangkok yesterday. He said the planes, costing a total of U*****.6 million, are due for
      Reuter  -  57 words
    • Article
      Lock icon M'sia-China air pact this week?
      53 22 Bernama AN INITIAL air services agreement between Malaysia and China is expected to be signed at the end of this week. Transport Minister Datuk Dr Ling Liong Sik said in Kuala Lumpur yesterday that discussions were also underway on signing a pact on Kuala Lumpur-Beijing
      Bernama  -  53 words
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      Page 22 Advertisements Column 1
      83 22 A Strong Bond..* Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness brings genuine enjoyment a gift the receiver will appreciate. Discretely enhanced with your company name or logo, engraved or with a medallion, it will soon become indispensable a lasting
      83 words
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      Page 22 Advertisements Column 2
      13 22 China pledges to protect living standards against Inflation, Page 4 Focus, Page 7
      13 words
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      Page 22 Advertisements Column 3
      30 22 Leader, Page 12 Do you play clean... Skin-wise? 55v\ V**) X I If you want fit skin you'd better... Ask Clinique to show you how. CLINIQUE SKIN SUPPLIES FOR MEN
      30 words
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      Page 22 Advertisements Column 4
      80 22 `_}},!:<{</^)/(*>+]-=!</|:'(=%| Country Risk Report MALAYSIA and SINGAPORE Our latest 70-page report is an invaluable strategic planning tool that will help you to identify, evaluate and minimize medium-term business risks in both Malaysia and Singapore. Available now at Ss2oo per copy. To order or request for more information, contact Brace Gale
      80 words
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  • SHIPPING TIMES
    • Article
      Lock icon Plan to include sequestered firms in decree
      115 23 Seatrade Week FILIPINO authorities are considering the inclusion of all state-sequestered firms in the scope of Presidential Decree 1466, Known as the flag reservation law. Since coming to power in February 1986, the Aquino government has sequestered a total of 297 companies in
      Seatrade Week  -  115 words
    • Article
      Jardine plans to expand operations in Malaysia
      355 23  -  By G DURAIRAJ JARDINE MATHESON has identified Malaysia as one of the growth areas in the Asia-Pacif-ic region to expand its shipping activities. The company, whose shipping activities in Malaysia is carried out by Pesaka Jardine Shipping Agencies, feels there is great scope
      355 words
    • Article
      APL plans to acquire 10 foreign flag feeder ships
      298 23 AMERICAN President Lines is planning to acquire up to 10 foreign flag feeder ships. Lloyd's List reported that APL has successfully applied for US Maritime Administration approval to own or charter the feeder vessels in trade routes west of Kaohsiung. The
      298 words
    • Article
      Lock icon China auctions ship to pay South Korean company
      178 23 AFP AN INDONESIAN SHIP arrested in China for debts owed to a South Korean company has been sold for US$3OO,OOO at a marine court auction in Oingdao. eastern China. Observers believed it was the first time a Chinese court had ever handled
      AFP  -  178 words
    • PORTSIDES
      • Article
        Lock icon Newport News wins navy contract
        57 23 Reuter NEWPORT NEWS SHIPBUILDING, a unit of Tenneco Inc, was awarded a US$6l2 million navy contract to build two SSN-688 class submarines The Pentagon said work will be performed at Newport News, Virginia, and is expected to be completed in August 1993. Two bids were
        Reuter  -  57 words
      • Article
        Shipping agents directory out
        113 23 CONTAINERISATION INTERNATIONAL has released the second edition of the World Directory of Liner Shipping Agents. The directory provides details of more than 2.300 general agents, an increase of 25 per cent over the first edition and contains more comprehensive coverage of shipping lines overseas representative offices.
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    • Article
      Lock icon TANKER RATES
      278 24 AFP ONCE AGAIN the tanker market saw an uneventful week with only sporadic activity, according to London broker E A Gibson. The market was waiting for the outcome of the Opec meeting in Vienna to see if any decision would be taken to stem the slowly declining oil
      AFP  -  278 words
    • Article
      Lock icon Smit reduces losses at half-time
      106 24 Reuter SMIT INTERNATIONALE NV. a salvage firm 40 per cent-owned by shipping group Koninklijke Nedlloyd Groep, reported a first-half 1987/88 net loss of 28.2 million guilders against 44.8 million a year ago. Operating losses in the first half to end-March fell to 19.9 million guilders
      Reuter  -  106 words
    • Article
      Lock icon Cyprus aims to become top maritime centre
      687 24 AP CYPRUS, which has the world's seventh largest shipping fleet, is seeking to become an international maritime centre as well. "Our objective is to attract shipping banks, marine insurers. lawyers and brokers through tax incentives and other facilities," said Zenon Katsourides, appointed special
      AP  -  687 words
    • Article
      Lock icon Suez Canal faces uncertain future as tanker traffic falls
      323 24 AFP THE SUEZ CANAL confronts an uncertain future in the face of slumping tanker traffic. Egyptian authorities in 1987 offered discounts to shipping companies in a bid to persuade them to use the canal to reach the Gulf instead of the
      AFP  -  323 words
    • Article
      INDEX TO ADVERTISERS
      780 24 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrans VII 3 American Tpt II 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 A PC Line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Asian Ocean
      780 words
    • Article
      Lock icon Australia to Europe wool freight rates to rise 26pc
      310 25 Reuter AUSTRALIA to Europe wool freight rates will rise from Sep 1 under a new two-year agreement between Australian exporters. European importers and the Australia to Europe Shipping Conference The rate for the first year will be A 52.400 a container,
      Reuter  -  310 words
    • Article
      Plan to ease congestion at Bangkok port by limiting berthing time
      206 25 THE Port Authority of Thailand plans to limit berthing time to ease congestion at Bangkok port Bangkok Post reported that the maximum time allowed for each ship to berth at the port will be 60 hours, plus extra time
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    • Article
      SHIPPING LIST where your ships are due...and when
      8029 30 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.
      8,029 words
    • Article
      SHIPS IN PORT
      1666 31 AT CONVENTIONAL WHARVES Vessel Berth Arrival Departure KEPPEL WHARVES Apr.l G'O'y (.26 alongside 1506 0600 Cor—r *32 aiongsde 14 06 2300 FengyOr *29 olongside 17 06 2300 Gold S"«o» *27 alongside 1506 1700 ♦fO" Vo>vOo' *35 alongside 14 06 0700 Ko*o B«'fco* *30 olongside 14 06 0600
      1,666 words
    • Article
      LONDON FREIGHTS
      750 32 THE WEEK ended on a steadier note in the US Gulf grain market ot the London shipping freights market, but no new fixing materialised on Friday Most voyage fixing comprised iron ore and coal business, while the time-charter sector became slightly busier than of late Argentine grain featured
      750 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      695 23 I Publishing Croup OOCL On|f NT Ovhqiw CmtuHvi LINE WW/ Jardines Agents JARDINE SHIPPING AGENCIES (Ret No *****4 OOK) 200 Cantonment Road #12 05 Southpoint. SngaDO't 0208 TH *****11 TELEX NO RS ***** [TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 PCSAKA JARDINE SHIPPING AGENCIES SDN BHD PORT KELANG
      695 words
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      Page 23 Advertisements Column 2
      68 23 CYPRUS, which has the world's seventh largest shipping fleet, is seeking to become an international maritime centre as well. Page II AUSTRALIA to Europe wool freight rates will rise from Sep 1 under a new two-year accord between the Australia to Europe Shipping Conference, Australian exporters and European importers. Page
      68 words
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      Page 23 Advertisements Column 3
      774 23 &0 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To south east asia, japan, Agent: Singapore Soviet Shipping Co Pte Ltd TEL: 535 2333 MAERSK LINE MAERSK LINE FIRST CARRIER TO RUN DOUBLE-STACK TRAIN TO CANADA SIN/TORONTO: 23 DAYS!! LUNA M ssoe Arthur M am anna m aaoe m tacoma aeto
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      647 24 U Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP RHINE MARU TOKIO EXPRESS HAMBURG EXPRESS LA SEINE BENALDER BENAVON 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 HAMBURG EXPRESS BENALDER
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      Page 24 Advertisements Column 2
      17 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
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      Page 24 Advertisements Column 3
      446 24 It is perhaps a virtue to preserve the good things of yesterday, as long as one is aware of the alternatives of tomorrow. This is what we wont to drum into you. Please turn to back page of Shipping Times AMERICAN TRANSPORT LINES, INC. U.S. EAST COAST, CENTRAL/SOUTH AMERICA, CARIBBEAN/MEXICO
      446 words
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  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      1086 25 a The Straits Steamship Group Mansfield Container Shipping Pte Ltd P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK CONTAINERS** SERVICE TO UK/CONTINENT: MINI HARU TOKK) txmss LA KIM HAMBURG EXPRESS KNALOCR KNAVON OSAKA (AT Also Accepting Cargo Fof: to CuiHinu, Art Pt
      1,086 words
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      Page 25 Advertisements Column 2
      943 25 Now,"K" Line's Sea Rail service blankets the U.SJ Korea Hong Kong Seattle Chicago New York n Columbus Atlanta Dallas 1 Long Beach Japan Taiwan w Houston Orleans Singapore Port Kelang "K" Line's Pacific Southwest/Chicagoi penang New York Double Stack Train (DST) service route is joined by a new Pacific/ Gulf-Atlanta
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      416 26 pXSINOSE El MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN VAHDAT A VESSEL Singapore In Port 30/6 Loading (or BANDAR ABBAS BANDAR ABBAS JAPAN/KOREA SERVICE Singapore 1* Loading for JAPAN. KOREA KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: A VESSEL 30/6 LAE, PMB. RBL, HRA
      416 words
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      Page 26 Advertisements Column 2
      884 26 JKSline I$»!* twrnai IWH' FULLY CONTAINERISED SERVICE fUUY CONTAINfRiSED 10 FROM NORTH AMERICA WIS! COASi FDR/MOTHER VESSEL TWB A2E/KOREAN WONIS JIN 76C TWB UEjHANJIN KWANCYANG «E NOM 75EjKOREAN WONIS SUN TIE NOM 75E/HANJIN BUSAN tIE NCY 4SE/KOREAN WONIS SUN /IE NCT 45E.HANJIN BUSAN IIE CCN 4SE/KOREAN WONIS ONE »E CCN
      884 words
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      Page 26 Advertisements Column 3
      892 26 m OBIS EVERGREEN Full Container Service EVER CROUP EVER GIVEN EVER GROWTH EVER GRAND EVER CLEJUBT EVER CENERAL Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTING CARGO TO: 1) PROVIMNCE. NCWARK. SAVANNAH BOSTON PHILADELPHIA NORFOLK. JACKSONVILLE WILMINGTON. KMfcJDA CTC 2) ATLANTA CMtCACO OCTWXT COLUMBUS 4 OTHER MAJOR MICRORRIOGE DESTINATIONS I) CRISTOBAL. lALIOA.
      892 words
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      Page 26 Advertisements Column 4
      54 26 LIN LIN SHIPPING PTE. LTD. 1 Mjfitinc RmD MR 01 Central BuiMin* Singapore 0105 T«l t U3M22 #EE*LV SERVICE S PO«E 'O«XH«*G S«U SAR*E PASifi GUOAMG VESSH UN PCTALING VESSEI LIN PfTALING II vessti LIN PETALINC 111 Aftits PASIR GUDANG JOHOft BAHRU UJUNGTANAH SHIPPING SDN BHD JOHOfi BAHRU TEL 23M01.
      54 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      921 27 YC PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE VESSEL SEA DRAGON SOW A SEA HAWK SEA DRAGON BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE VESSEL JAftU SHUW MYA OHUM REPULSE SAY VESSEL VOY
      921 words
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      Page 27 Advertisements Column 2
      460 27 ia BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Eiprau Hit.ri (iprtu U Inn EXPRESS CONTAINER SERVICE FROM UK/CONTINENT NAM I'HAVtN OAM HAVRf ST OH f RLAK SKM FM Mm MA UA It* M W ap ma KM Lsrpß* M a W W M W UP MKC, KM Urmia* VH
      460 words
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      Page 27 Advertisements Column 3
      523 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYO EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY MATARAM/21WB S PANJANG/19WB KUTAI/15WB BILBAO ANTWERP HBURG/ 26-30/6 ltlJg ROAM/ADAM BREMEN Sutyact to inducement Also accapttng cargo to Caaablanca, Port Said, Port Alexandria. Genoa,
      523 words
    • Advertisement
      Page 27 Advertisements Column 4
      405 27 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CDBPBMTipiI (Burmese National Line) PA-AN VI2W PAGAN VI29H Loading for Rangoon P.Kolanj Penang Bangkok NORTHBOUND TO UKC CLYDEBANK V23N TAMAITAI SAMOA VI3N FORTHBANK V22N SPORE RDAM HULL HMBG 29/6 24/7 1/1 21/7 16/7 13/8 22/1 IS/I 3/8 29/8 6/9 3/9 CORALBANK V3S Spore
      405 words
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  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      630 28 K'linb KAWASAKI KISEN KAISHA, LTD. ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM N. AMERICA-ATLANTIC COAST •PK/PNG 14/6 20/6 27/6 4/7 •PK/PNG *INDO N. AMERICA PACIFIC SOUTH-WEST SGP MOTHER VESSEL 16/6 BROOKLYN BRIDGE 23/6 GEORGE W. BRIDGE 30/6 MANHATTAN BRIDGE 7/7 HENRY
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      Page 28 Advertisements Column 2
      296 28 lit .ill U I J.rd JARDINE SHIPPING AGENCIES (REG. 242K4/ OOK) 200 CANTONMENT ROAD #12 05 SOUTHPOINT. SINGAPORE 0208 Td: *****11 TEIiX NO RS ***** TERMINAL/CFS Tel *****18 220 BOOKINGS Tel. *****34 235 DOMGNAMA UIUE TV SPORE PRELANC PENANC INCHON BUSAN SINGAPORE GLORY VMS 17 Jun II Jun 28 Jun
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      Page 28 Advertisements Column 3
      519 28 'M. INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIAN COURIER V JIN ORIENT SUCCESS V 10) V NANWNI V S2H TIGER BAT VJB ORIENT SUCCESS V 110 INDIAN COURIER V J2N TIGER BAT V m ORIENT SUCCESS V 111 TICER BAY m INDIAN COURIER V UN TICER BAT V 41N
      519 words
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      Page 28 Advertisements Column 4
      663 28 fcTci GOLDEN LINE MSGIV GUAN GUAN SHIPPING (PTC) LTD n, Tim *r* si'*' SINGAPORE tW TEL UOW (M LINES) Fu 9435 M STRAITS/PERSIAN GULF SERVICE: Spore P KHa«t QOIOCN HARVCST Cotofnte/KaractN/Outai 16/17 Jtma GOLDEN WONDER Karachi/Dubai/Dammam 1/9 Jul CHINA SERVICE lAJ TUN SHAN Xinpnj BOJM- A VESSEL Hjjngpu 28/29 June
      663 words
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      Page 28 Advertisements Column 5
      560 28 u I PHIU onl€NT LIN€S PT€ LTD A H f*o OFFICE 63 ROBINSON ROAD -07-12 t« AFRO ASIA BUILDING SINGAPORE ClO6 TELEX RS ***** PMIII FA* *****76 .IMiUMiWiMVWmi-'JrTTr. VESSEL I ETA SINGAPORE I DESTINATION TBN JEDDAM (LCL) rrnr Fm Iv.l- '•m.n.tu'.M I ft* 2i*. yi NEW GENTRAOE 21* ;n; >
      560 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      910 29 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAMERJSB) SERVICE TO EUROPE/UK (VIA SUEZ): h™ SS MIDGE MT. Sailed In Pt 1/7 K CHANCE 37W (20/6) 22* 10*7 A CONCORD 19V. (26*) 28* li/7 ocMitr m (1/7) 3/7 n/7 TW MIOCE Oi. 1/7) IQ/7 21/7 NEPTUNE OIAMONO )W. (11/7) 13/7 31/7
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      Page 29 Advertisements Column 2
      376 29 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: KELANG. PENANG. KEELUNG. BUSAN, INCHON WEF JUNE 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE II SERVICE!! VmmTi Nam ETD IS SPO*E PKELANG KEE BUSAN MO JI No» Donjm/KBN OSm 21 23/06 24 01/07 OS-***** No I Donam/OOSN 17* 30-02/07
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      Page 29 Advertisements Column 3
      735 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PCNANC P KELANG MESSRS MAI THONG SHIPPING 127 Penjnj Street. Penjng. Malaysia M S HANDLING SYSTEM CO
      735 words
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  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      352 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 .30 lines 'AX *****39 TELEX RS ***** A B SSCWA RS ***** A B SSCAD VE.B DEUTF RACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE TO EUROPt WILHELM PIECK 4 88U8/6 22/6 4/7 |13/7 |13/7 jIS/7 RUEBELANO 5/88 29,6 U 16,7 ARKONA 588 16.7
      352 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      188 30 Regional Weather 29 oX I N s V 7A k Va 8 fi I •>> V > SJsV f? fi? mSmk m IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. June 14, 1988 LEGEND c O w Wind direction with speed in knots Wove height One holt Heche represents
      188 words
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  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      370 31 FARGO SHIPPING COMPANY(PTE)LTD. No 15 Hoe Chiang Road #13-02 Sanford Building. Singapore 0208 Tel *****22 Tlx ***** FASCO b. ABC CQNTAINERLINE N.V. WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! ETA 25/8/88 Only 7 days to Fremantle Only 12 days to Melbourne Only 15 days to Sydney FROM USA/CANADA/EUROPE/MEOITERRANEAN
      370 words
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      Page 31 Advertisements Column 2
      262 31 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fai: *****15 LCL FIXED TWICE WEEKLY CONSOL LCL FIXED CONSOLIDATION T CHINA, HONG KONG, BANGKOK, KEELUNG, KAOSHIUNG, KOBE, MANILA, BUSAN, INCHON, TOKYO, YOKOHAMA, OSAKA, COLOMBO, CALCUTTA, FELIXSTOWE, HAMBURG, BOMBAY, SYDNEY, MELB., KARACHI, CHITTAGONG, LEGHORN, JAKARTA, NAGOYA, GOTHENBURG. ALL EUROPE BASE PORTS
      262 words
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      Page 31 Advertisements Column 3
      213 31 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 IRAQI LINE I**o' fo* MARtTiMf TM«S»O«T WEST BOUND SERVICE IBN 6ASSAM WV BABYLON ETA S PORE In Port an LOADING FOR Suez. USA (EC/WC) Hod*idih J«ddah A*ata THROUGH B/Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO
      213 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      406 32 Integrated Tank Container Service for EDIBLE OILS CHEMICALS i r w I Tankcontainer for Intercontinental Intra Asia and Domestic transports of liquids (Bitumen included) and gases on a door to door basis Offshore Leasing and sales All types and capacities available LIQUID AND GAS TRANSPORT (ASIA) PTE LTD SINGAPORE member
      406 words
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      Page 32 Advertisements Column 2
      442 32 CGMi FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/fdEXICO AND FRENCH WEST INDIES For: Halifax, Montreal Toronto, Now York, Baltimore. Portsmouth Norfolk. Savannah Also serving GULF Miami. Noble New Orleans, Nouston/Meuco Vera Cna. Mexico Citv/FRENCH W Indies Fort De Franco, Pointre A. Pitro, Degrad COLUMBUS LINE REEDEREI
      442 words
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      Page 32 Advertisements Column 3
      130 32 ULTIMATE FREIGHT SERVICES PTE LTD Tel: *****11 Tlx: ***** Fax: *****92 GOODWAY LCL ACCEPTANCE TO NOUMEA, FIJI NEW ZEALAND SIN 22 6 14 7 19(7 HKG NOUMEA 5.7 2« 20 7 58 21 188 AKL NAP TIM Ml 10* 12 "8 238 25,1 271 7/9 10/9 12/9 EXPRESS SAILINGS TO
      130 words
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      Page 32 Advertisements Column 4
      592 32 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 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER SINGAPORE I LEHARVE LiilllLlil?. lfa:r.' m; nB-'.W!! j'l ?H.M I KORWGAN OTHER DESTINATIONS: AARHUS. AMSTERDAM. ANTWERP. lASIE. BREMEN
      592 words