The Business Times, 22 July 1988

Microfilm: NL16221
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, JULY 22, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    246 1 AP Dow Jones lower WALL STREET stocks headed lower in light trading early yesterday, giving back some of Wednesday s gains. The Dow Jones Industrial Average dropped 17.25 points to 2,093.35 in the first hour of trading. The dollar declined against leading foreign currencies yesterday, and interest
    AP  -  246 words
  • Article, Illustration
    Local market continues to climb
    213 1 SHARE PRICES on the Singapore stock market rose further yesterday on spillover buying interest and bargain hunting in moderate trading. The Straits Times Industrial Index made an intra-day gain of 8.99 points but posted a smaller gain of 6.96 points to 1,152.50 owing to late
    213 words
  • Article
    US dollar closes lower in Asia
    134 1 THE US DOLLAR closed lower on Asia's foreign exchanges yesterday, as dealers awaited the release of two US economic indicators in the next few days. Dealers attributed the greenback's fall yesterday to liquidation of long dollar positions. Trading was thin because most dealers were
    134 words
  • Article
    Lock icon China-Jakarta talks soon on import inspection
    358 1 Bernama A CHINESE delegation is expected to arrive in Jakarta soon to discuss cooperation in the inspection ot Indonesia's direct imports from China, Indonesia's superintending company Sucofindo said yesterday. The company's president, Mr Inyoman Muna, said: "The Chinese government has in principle agreed that
    Bernama  -  358 words
  • Article
    Keppel to acquire 51pc of Sim Lim Finance
    588 1  -  By CORRINA LIM KEPPEL CORPORATION S finance division has expanded significantly overnight with the conclusion of a deal to acquire a controlling stake in publiclylisted Sim Lim Finance Ltd (SLF). In an agreement signed yesterday. Keppel is to acquire a 51 per
    588 words
  • Article, Illustration
    Seagate Technology freezes recruitment of workers
    428 1  -  Move does not signal a slowdown in activity By BOEY KIT YIN SINGAPORE'S largest private sector employer, Seagate Technology, has frozen recruitment, bringing some relief to the scramble for workers among electronics companies. The American disk-drive maker's aggressive drive for workers in a tight
    428 words
  • Article
    Lock icon Rising yen for real estate
    104 1 Reuter JAPANESE investors bought almost US$B billion in overseas real estate in the year ending March 31, 1988, Mitsubishi Bank Ltd said yesterday in a report. Up until 1984-85, they spent less than US$l billion a year on overseas property but the amount rose sharply
    Reuter  -  104 words
  • Article
    Lock icon Vow to block US-Canada trade accord
    125 1 UPI THE LEADER of the Liberal Party majority in the Canadian Senate vowed on Wednesday to block the US-Canada free trade accord until an election could be held to allow Canadians to vote on the agreement. Mr Allan MacEachen, the leader of the Liberal
    UPI  -  125 words
  • Article
    OCBC unit to acquire finance house for $22.5m
    551 1  -  By LEONG WEN WAH INTERNATIONAL TRUST Finance Ltd (ITF). a publicly-listed finance company and 53.8 per cent-owned subsidiary of the Oversea-Chinese Banking Corporation, will soon acquire another finance house. Forward Oversea Credit Ltd (FOCL). The purchase consideration for FOCL, in which OCBC
    551 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      52 1 )<'=`%$}>''`|,"('&!==.<\:,$!<![ Full report, PAGE 12 Regional Mkts, PAGE 14 World Mkts, PAGE 15 MMILAU.E AT #02-33 CENTRIPOINT #01-09 WISMA ATRIA #01-71 AARKVWAY RARADE #03-123 MARINA SQUARE <01 OtOUl CENTRE #01-60 GOIDHIII SQUARE #03-26 EUNAN CENTRE #02 5S MERIDIEN SHPGCTR #01-134 SOUTH IRIDGE RD #01 119NEWIRI0GE ROAD #016* GOLDEN LANDMARK #02-12
      52 words
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      Page 1 Advertisements Column 2
      363 1 The patient purchasers SINGAPOREANS are not known to be patient. Yet those who buy the latest BMWs are willing to wait up to 13 months. The order books are packed. And with each car costing the equivalent of three or more five-room HDB apartments put together, sales by its Singapore
      363 words
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      Page 1 Advertisements Column 3
      3 1 Perspective, PAGE 9
      3 words
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      Page 1 Advertisements Column 4
      49 1 inolta EP49OZ with Simul-Color. Shipping Times comet es a separate section today. Make sure you get your copy today. AT A. TESTONI BOUTIQUES #01-10 Hilton Hotel Shopping Gallery Tel: *****55 #03-28/29 Mandarin Hotel Shopping Arcade Tel: *****38 Hal lev's Dept. Store Tel: *****63 Teslux Pte Ltd Tel: *****45, Singapore
      49 words
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  • HOME NEWS
    • Article
      Value of maintenance and retrofitting up 13pc
      425 2  -  By TONG SUIT CHEE MAINTENANCE and retrofitting jobs within the construction industry last year were valued at $845 million, up 13 per cent from 1986. These activities, which now account for 21 per cent of total construction work, were growing in importance as
      425 words
    • Article
      Local jewellers out to dazzle US market
      107 2 SINGAPORE jewellers will dazzle at two US jewellery shows starting tomorrow in New York. According to the Trade Development Board, the shows are part of its market development assistance programme to further enhance Singapore's presence in the US jewellery market. Singapore will be
      107 words
    • Article
      Credentials
      30 2 THE AMBASSADOR of the Republic of Venezuela, Mr Jesus Garcia Coronado, presented his credentials to President Wee Kim Wee at the Istana yesterday. Mr Coronado is resident in Jakarta.
      30 words
    • Article
      Hymold spending $4m on outfitting new factory
      457 2  -  By ANDREW RAJKUMAR SHORTLY AFTER pumping in $2 million into its plastic injection moulding operations, Japaneseowned Hymold Singapore Pte Ltd is outfitting a new factory to keep up with rising domestic demand. Sales of plastic casings for television sets and computers are expected
      457 words
    • Article
      Local company clinches $16m Brunei cellular phone contract
      250 2 FOLEC COMMUNICATIONS Pte Ltd has won a $16 million contract for the installation of a cellular telephone system in Brunei. Folec, the Singapore/Brunei distributor for US multinational Motorola, will supply and implement a country-wide cellular mobile telephone system (CMTS) in Brunei. The
      250 words
    • Article
      Dragon boat team to race in Japan
      143 2 SINGAPORE will send a 27member dragon boat team to Japan to compete in an international event in Osaka on Sunday. The team, sponsored by the Singapore Tourist Promotion Board, will challenge eight other teams from Australia, New Zealand. Hawaii, Hongkong, Great Britain and
      143 words
    • Article
      Corrections and clarifications
      51 2 IN A REPORT headlined "New Haw Par Villa theme park to cost $50 million more than estimated'" on July 20. we published an incorrect date for the closure of Haw Par Villa. It will close on July 31 at 6pm for redevelopment work. We apologise for the
      51 words
    • Article
      MEMO PAD
      423 2 Seminars and Wm j CAHNERS EXPOSITION GROUP 4 Tel *****13 Tlx RS ***** CEGSP Fax *****66 A Aug 4 Budgeting Techniques Hotel new Otoni Dataseorch *****31 for Effective Corporate Resources Management and Control m Aug 5 Import/Export. Customs Hotel new Otani Dataseorch *****31 and Warehousing Resources Regulations, Practices
      423 words
    • Article
      Air NZ to boost carrier services to Asia
      225 2  -  By SELWYN PARKER, writing for BT from New Zealand AIR NEW ZEALAND will strengthen the carrier's services to Asia, including Singapore, in a new strategy starting October. Incoming chief executive Jim Scott has decided to capitalise on forecast growth in travel within
      225 words
    • Article
      Illegal workers
      61 2 THE MINISTRY of Labour found 47 employers in the past two weeks hiring 143 foreign workers who did not have work permits. In the first six months of the year, 249 employers who were discovered hiring workers without work permits were fined a total of $940,000. One of
      61 words
    • Article
      Comfort cabs to continue shuttle service to hospital
      132 2 NTUC COMFORT will continue operating its "shuttle cab service" between the Outram Park MRT Station and the General Hospital after its three-month pilot service ends today. Pending further reviews and better response by commuters. NTUC Comfort has deferred the decision to introduce
      132 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      263 2 E^S "v T2=l m.: i5.5n L n z: iai L i' f- The Singapore International Motor Show '88 the biggest motoring event ever is now open! Car hunters and enthusiasts will thrill to the more than thirty of the latest makes and models on display... A wide range of automobile
      263 words
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      Page 2 Advertisements Column 2
      49 2 EIE Making stake In Air NZ, PAGE 13 KW SS* KB M m m T as BE£ m Sjv :< W a™ 0 *2 b lE/ IF >%* <r fc y aft sk v: us S> W. I K fc* K IP 5* V a a n Wi Wl 1
      49 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      171 2 wm vsS' Max/ Not* Mm (°C) 14/11 Show»rj 18/15 Cloudy 35/23 Cleor 39/31 Cloudy 33/26 Cloudy •/26 Cleor 30/25 Roin 30/25 Sunny 28/16 Cloudy 23/13 Clear -/27 Cleor 25/22 Cloudy 23/14 Fine 24/11 Cleor 27/15 Clear 12/08 Roin 34/23 Clear 23/08 Clear 11/04 Cloudy 27/19 Roin 30/18 Cloudy 21/13 Cloudy
      171 words
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon The do-it-all organiser of the future
      601 3 mmm by JT THE PROBLEM with human beings is that while we are flexible and adaptable, we are never really very comfortable until things work our way. Take the PC for example. It is a powerful and versatile tool and in spite of a
      by JT  -  601 words
    • Article
      Lock icon Scientists study Earth's wobble
      192 3 AP THE CONSTANT shifting of a restless atmosphere is making the Earth wobble slightly but it is giving scientists "an instrument to test things about the atmosphere as a whole", according to a researcher. Roving masses of air pushing on the planet's surface cause at least
      AP  -  192 words
    • Article, Illustration
      Auto-focus camera with several smart features
      465 3 THE NEW Minolta ***** can be summed up as the state-of-the-art in camera technology. Trumpeted by Minolta as an "intelligent" auto-focus SLR, the 7000 i is either a great leap forward or the worst thing to happen since creamed corn, depending on where one
      465 words
    • Article, Illustration
      Govt acts to convert documents to PCs
      568 3  -  By JEFFREY TSANG THE SINGAPORE government has commissioned a UK systems house to convert its documents from its Philips word processors to personal computers, a deal that could cost up to $1 million. Intermedia International Ltd, based in the UK, is close to
      568 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      188 3 Toshib sktop Tbday there are only two executive tools you need on your desk. Significantly both are from Toshiba. I For all your communications, the new I Ibshiba 'Wonder Fax ui Executive', the 3-in-one 1 I telephone, fax and copier. I I your decision-making J support, a Ibshiba Laptopl^BQHj We'd
      188 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Iraq unveils five-point peace package
      656 4 Plan to test Iran's sincerity Agencies IRAQ has taken the initiative and proposed a five-point peace package it said will put to the test the sincerity of Iran's resolve to end the nearly eight-year-old Gulf War. But Iran on Wednesday rejected Iraq's proposed direct peace
      Agencies  -  656 words
    • Article
      Lock icon 'Tanker war' claims lives of 420 seamen, injures another 452
      212 4 AFP ATTACKS on 546 merchant ships in the Gulf since the Iran-Iraq war erupted in September 1980 have killed 420 seamen, most of them Asian, and injured 452, maritime insurers Lloyd's of London reported on Wednesday. Insurance companies consequently suffered
      AFP  -  212 words
    • Article
      Lock icon Security Council expresses distress
      247 4 AFP THE 15-MEMBER United Nations Security Council voted unanimously on Wednesday to approve a moderately worded resolution expressing "deep distress" over the July 3 downing of an Iranian jetliner which resulted in the loss of 290 lives. Without condemning the United States, as Iran had originally
      AFP  -  247 words
    • Article
      Lock icon Moscow, Hanoi put hope on Jakarta meeting
      308 4 Reuter SOVIET and Vietnamese leaders have expressed hope that informal talks in the Indonesian capital of Jakarta will help achieve peace in Kampuchea. Tass news agency said the statement on Wednesday came after talks in the Kremlin between Soviet leader Mikhail Gorbachev and
      Reuter  -  308 words
    • Article
      Lock icon Pakistan's plan for nuclear plants stalled by suppliers
      199 4 Reuter PAKISTAN s plans to set up four or five nuclear power plants before the turn of the century had been stalled because potential Western suppliers had refused equipment for political reasons. Justice Minister Wasim Sajjad told the Senate (upper house of
      Reuter  -  199 words
    • Article
      Lock icon Gandhi's visit to China now being arranged
      429 4 AFP INDIAN Prime Minister Rajiv Gandhi said on Wednesday that the groundwork was being laid tor his proposed visit to China, but he seemed to rule out a quick settlement to the SinoIndian border dispute. Mr Gandhi said on his return from a
      AFP  -  429 words
    • Article
      Lock icon Visitors' gallery for China's parliament
      210 4 AP A PUBLIC gallery will soon be set up in China's parliament as part of a drive to make the government more democratic and responsive to the will of the people, an official daily said yesterday. The China Daily, quoting a report from a Shanghai
      AP  -  210 words
    • Article
      Lock icon Foreign drug firms fight Manila's plan to revamp industry
      481 4 AFP A BITTER struggle has erupted between the Philippine government and multinational drug firms over proposals to overhaul the nation's huge pharmaceuticals industry. The conflict began after the Department of Health proposed a National Drug Policy (NOP) to cure a gross
      AFP  -  481 words
    • Article
      Lock icon Thai prince to visit Chicago to settle relic row
      311 4 AP THAI Prince Subhadradis Oiskul was scheduled to visit Chicago yesterday to try and settle a dispute over an ancient stone sculpture at the Art Institute of Chicago Art Institute spokeswoman Eileen Harakal declined on Wednesday to comment on the negotiations
      AP  -  311 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      924 4 ARRIVALS Operator Sorvk* Local From number tim* KAL KE697 0910 SEL/MNL PWAYS N172FE 0915 CXI MAS MH630 0920 KUL S1A SQ103 0950 Km CPX CX710 1015 CGK SWR SRI 86 1025 ZRH/BKK GIA GA960 1100 CGK SIA SO 105 1105 KUL RBA BI421 1130 BWN SAS SK971
      924 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      119 4 PUBLIC NOTICE DISCLAIMER BY BARCLAYS BANK PLC Notice is hereby given that Barclays Bank PLC, the Malaysian Representative Office of which is located at the 2nd Floor, Bangunan MIDF, 195 A, Jalan Tun Razak, *****, Kuala Lumpur has no connection whatsoever with Barclays Investment Consultants whose sole proprietor is Nik
      119 words
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      Page 4 Advertisements Column 2
      35 4 The business person's choice every Tuesday, Thursday, Soturday ond Sunday Leaving Chongi Airport at 22 05 hours and orrivmg Heathrow early the following morrung Call your Trovel Agent or Air Conoda at *****55. AIR CANADA
      35 words
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  • REST OF THE WORLD
    • Article
      Lock icon Breakthrough in negotiations on Angola
      425 5 Agencies THE GOVERNMENTS of Angola. South Africa and Cuba have accepted a set of 14 principles that could be the basis of a negotiated settlement for peace in southern Africa, an American mediator said on Wednesday. The US would mediate four-way talks in Switzerland starting
      Agencies  -  425 words
    • Article
      Lock icon Soviet Union to export trucks to US
      197 5 AP THE SOVIET UNION S first automotive export to the United States will be a heavy-duty dump truck that is used in mining and could be shipped to customers within three months, a Soviet official said in Detroit on Tuesday. Boris Hubaev, first
      AP  -  197 words
    • Article
      Lock icon Hungarian PM hoping for more tie-ups with US firms
      153 5 UPI HUNGARIAN Prime Minister Karoly Grosz is hoping that a US$ll5 million joint venture between his country and a Michigan company will be the start of a new business relationship with the US. The joint venture between the European subsidiary of
      UPI  -  153 words
    • Article
      Lock icon US, Japan settle food product row
      171 5 Reuter THE US has reached agreement on one of the last of its farm trade disputes with Japan. US Trade Representative Clayton Yeutter said in Washington on Wednesday that the two countries had resolved a longstanding dispute over Japanese import quotas on 11 categories
      Reuter  -  171 words
    • Article
      Lock icon Majority of EC people want a single market
      288 5 UPI A MAJORITY of people in the European Community want a single, tariff-free market by the end of 1992, and almost half want a European government responsible to the European Parliament, according to a survey made public on Wednesday. The poll, commissioned
      UPI  -  288 words
    • Article
      Lock icon Airbus expects deliveries worth US$179b by the year 2006
      189 5 AFP AIRBUS INDUSTRIE plans to deliver some 3,160 aircraft by the year 2006, worth a total of US$l79 billion, the four-nation European consortium announced on Wednesday. Airbus, which is a partnership between Britain, France, West Germany and Spain, said in its
      AFP  -  189 words
    • Article
      Lock icon Third World's debt rose moderately last year
      428 5 AFP THE TOTAL outstanding debt of developing countries rose moderately in 1987 to reach U551,194 billion by the end of the year, the Organisation for Economic Cooperation and Development (OECD) said in Paris on Wednesday. Outstanding debt rose by 10 per cent last
      AFP  -  428 words
    • Article
      Lock icon British water industry to be privatised in single offering
      208 5 AP THE BRITISH government has said that it intends to privatise the country's water industry in a single share offering, which is widely expected to raise about £5 billion. Shares in Britain's 10 regional water authorities would be offered to the
      AP  -  208 words
    • Article, Illustration
      Lock icon Dukakis wins nomination
      460 5 Overwhelming mandate from convention delegates Agencies MICHAEL DUKAKIS, the 56-year-old son of Greek immigrants. won the Democratic presidential nomination on Wednesday in Atlanta. Georgia, with an overwhelming mandate that sealed the long and often contentious first phase to replace President Ronald Reagan He will now face Republican
      Agencies  -  460 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      9 5 Strong plans market lor noxt 12 yoaro, PAGE 16
      9 words
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      Page 5 Advertisements Column 2
      138 5 MONTBLANC THE ART OF WRITING -MEISTERSTUCK" the pride of the MONTBLANC Collection is probably the most famous writing instrument of our times. Representing the best in design, it combines technical excellence and perfect styling from the piston-filling system to the 14-carat gold nib and the gold-plated fittings. The MEISTERSTUCK is
      138 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      31 5 SOMHATS INAWORP, 7UBMOOP THZ/HOOP/S POM* ON UNC&UAIN, WLZ THEY PONT SAY SO tN SO MANY UJORPS, PELSQATBS HCRB ARB PLAINLY CONCBRNBP... r SOUJe'RB YOU COULP 7AIKJNG CUTfTUUrTH suspense* a knife, P&ER!
      31 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Forex markets
      1572 6 OCBC, Reuter SINGAPORE: The US dollar yesterday closed easier against most major currencies. Against the Singapore dollar, the US dollar closed easier at 2.0430/40 in torpid trading. It traded within a range of 2.0440 and 2.0451. It opened initially at 2.0445/50. Dealers said most operators were reluctant to
      OCBC,; Reuter  -  1,572 words
    • Article
      IMM
      231 6 IMM currency futures settled mostly higher on Wednesday, but most contracts finished in the lower half of daily ranges. Profit-taking by traders who bought contracts earlier in the day pared session advances, with continental currencies erasing most gains and yen prices turning lower ahead of the close. Sterling and
      231 words
    • Article
      Comex gold/silver futures
      177 6 Gold futures on July 20 100 troy ounces; USS per troy ounce Open High Low Sofflo M 444.70 -1 80 Aug 446.50 447.80 445.00 445.70 •1.80 S*P 448.50 -1.80 Oct 453.00 453.80 451.00 451.60 -1.80 DK 459.00 459.80 457.00 457.50 -1.80 F«b 462.50 465.00 462.50 463.30 -1.80
      177 words
    • Article
      Asian dollar market
      234 6 ASIAN DOLLAR deposit rates closed steady yesterday at slightly weaker opening levels after a day of quiet trading, dealers said. They said most operators refrained from taking large positions due to an absence of fresh factors. The market is waiting for tomorrow's release of US June consumer
      234 words
    • Article
      Money markets
      58 6 THE OVERNIGHT rate on the Singapore money market rose was unchanged yesterday. One month rose 1/4 point, two and three months each gained 1/8 point. S$ Interbank rates at the close yesterday: OFf€« BID Overnight 4 3/4 4 5/8 1 -month 4 11/16 9/16 2-month 4 3/4 5/8
      58 words
    • Article
      Government securities market
      103 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity RID OFFER HIGH LOW 3 months BQ*****N 20.10.88 3.93 3.88 3.86 3.80 6 months BY*****T 24.11.88 4.00 3.95 1 year BY*****S 20.07.89 4.23 4.18 4.21 4.20 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      103 words
    • Article, Illustration
      World interest rates
      197 6 Indicates the average ot the prime lending ratee of 12 major banks In S'pore Interbank market rates (offer/bid) on July 21 us$ DM SWFC Yen 7 do rt 7 7/8 3/4 7/8 3/4 4 5/8 1/2 3 2 7/8 4 11/16 9/16 1 m* 8 7 7/8
      197 words
    • Article
      Simex
      424 6 EURODOLLAR futures opened unchanged from Chicago's close and moved in a narrow range as there were no new factors to move the market on Simex yesterday. The Sept contract however drifted off from 91.67 to 91.64 on unconfirmed report that the Japanese authorities were looking for dollar/yen to move
      424 words
    • Article
      Options
      1507 6 CURRENCY FUTURES OPTIONS Thursday, July 21, 1988 DCUTSCHEMARK (SIMEX) Aug High 88 calk LM Soft Aug High SB pula Low See 53 54 55 56 57 58 59 60 228 18 22 4 2 CAB 13 418 1018 186B 281B 13 37 91 13 37 92 178 271 Sep
      1,507 words
  • Page 6 Advertisements
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  • BANKING AND FINANCE
    • Article
      Lock icon Bundesbank chief rejects French 'lone rider' charge
      575 7 FT A FRANCO-GERMAN row over West Germany's efforts to stem the dollar's rise erupted in public on Wednesday when Karl Otto Pohl, president of the West German Bundesbank, strongly denied a French charge that the central bank had been acting alone. Pierre Beregovoy,
      FT  -  575 words
    • Article
      Lock icon Bank of Japan to allow interest rates to rise
      187 7 AFP BANK OF JAPAN (BOJ) governor Satoshi Sumita has said the central bank will allow market interest rates to rise and described the upward trend as "natural". "It is not appropriate to curb its rise," Mr Sumita told a regular press
      AFP  -  187 words
    • Article
      OCBC offers special savings and loan deal to undergraduates
      341 7  -  By LEONG WEN WAH THE OVERSEA-CHINESE Banking Corporation has launched a special banking package which is aimed at some 20,000 undergraduates of the National University of Singapore and Nanyang Technological Institute. The package includes a current account with a minimum deposit
      341 words
    • Article
      Lock icon Saudi banks show sharp recovery after years of declining earnings
      420 7 Reuter SAUDI BANKS reporting their halfyear results have shown a dramatic turn-around after long years of declining earnings in the post-oil-boom period. Of the seven joint-venture banks in the kingdom to release figures so far, all have made strong improvements
      Reuter  -  420 words
    • Article
      Lock icon Poland to restructure US$9.4b debt
      125 7 Reuter POLAND and its Western creditor banks on Wednesday signed a long-awaited rescheduling deal covering almost all of Warsaw's commercial debt in the West. A spokesman for the bank group said the agreement, signed some nine months behind schedule, would restructure about US$9.4 billion of
      Reuter  -  125 words
    • Article
      UOF branch in Hougang
      38 7 UNITED Overseas Finance, the finance subsidiary of the United Overseas Bank group, will relocate its South Bridge Road Branch to Block 681. Hougang Avenue 8, tomorrow. The branch will be renamed UOF Hougang Branch.
      38 words
    • Article, Illustration
      New capital rules will pose problems, says expert
      524 7  -  By SOH TIANG KENG, Financial Correspondent AN AMERICAN expert on finance, Professor James Van Home, yesterday predicted that many banks will face problems in the next few years in meeting the new capital adequacy requirements laid down by the Bank for International
      524 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      57 7 Ultra Sportivo De jri ny A Porsche by IWC *'»a n m 18 r O'a! qoI fJ or 'jp ium th qold to 18 0 ee' inrqe or small PORSCHE DESIGN iwc St P norm O /'-'Sfas T'od»nq P*p l f ri S»r»qapore Te' 33^4188 ofS\ mtzerfanJj 6 Scotts Road
      57 words
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      Page 7 Advertisements Column 2
      198 7 They all have a point in common. It is this ■Hi CITROEn b HYunoni A Mercedes-Benz mttsubch fit Pr? Q l atAtVJW «£J. ffft BP iR BERLIN SQR 87 b LO ri^ NEW YORK SQR 05 TORONTO SQR 48 ItSM PORTO 26 MELBOURNE SQR 26 MONTREAL SQR 48 DENVER SQM
      198 words
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  • PERSPECTIVE
    • Article
      Ethics 101: Cure or symptom?
      474 8 "ETHICS" is now the latest buzzword in graduate business schools what with prisons in the US and elsewhere stocking up on corporate executives, accountants and investment bankers gone bad. John S R Shad, a one time Wall Street chieftain and former chairman of the US
      474 words
    • Article, Illustration
      BMW: The car you'll just have to wait for
      1431 8  -  BMW has never had it so good. Sales by its Singapore agent this year would net enough to buy maybe half a dozen blocks of HDB flats. But it is not just in Singapore that the German car maker is doing
      1,431 words
    • Article
      Three generations of German car history
      325 8 BMW's gorgeous "Museum on Wheels'' evokes memories of the avant-garde of olde when dapper dans drove their belles across rolling hills and romantic woods, along warbling streams and fields in bloom. In all, 120 priceless cars, from the quaint to the sporty, are put
      325 words
    • Article, Illustration
      Lock icon Canadian-US economic ties are getting stronger
      1704 9  -  Are you aware that Canada and the US are fast forging a colossal continental economy of nearly 260 million consumers? Trade between the two countries now exceeds US$l5O billion a year, resulting in the world's largest bilateral trading relationship. In fact, this relationship is
      NYT  -  1,704 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      1183 8 wj aias aaaa® B 12 7.30 PM Opening ond Programme Highlights followed by The World Cycling Championships. 8.20 Coming Attractions. 8.30 Asian Exchange Programmes Weddings Of Malaysia. 9.00 Three Up, Two Down Two Down, One To Go (Last episode). 9.30 Okavongo, Jewel Of The Kalahari The Living Jewel. 10.30 Sportsview
      1,183 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      686 8 rawKKDoa mmmnb 2 m CRYPTIC PUZZLE ACROSS 4 Are such orders disturbing to pals? (6) 7 Where Walter changed, ducks (8) 8 Violin part, perhaps (6) 10 Keep up with the need tor things to go swimmingly? (5) 13 Only water (4) 14 Do farm work tor money (4) 15
      686 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      44 9 Congratulations to Mr. Stephen Lee Managing Director of Great Malaysia Textile Mfg. for being elected the new president of the Spore National Employers Federation in fi] Best Wishes from NC Staflex Co. Pte Ltd 27 First Lok Yang Road Spore 2262 Tel *****5^ \L
      44 words
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      Page 9 Advertisements Column 2
      24 9 The Studio Glasses Designed by Ferdinand A. Porsche Flexible, self-adjusting bridge for wearing comfort Frame suitable for correction lenses PORSCHE DESIGN b y CARRERA
      24 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon French team hit by injury and threats
      449 10 UPI YANNICK NOAH has injured his right shoulder and the other three French Davis Cup players are targets for anti-apartheid demonstrations, increasing pressure on the visiting team as it prepares to face trophy holder Sweden in the Davis Cup semi-finals in Bastad this
      UPI  -  449 words
    • Article, Illustration
      Lock icon Becker to face former doubles partner in semis
      146 10 AP BORIS BECKER will play Slobodan Zivojinovic in the opening singles today of the Davis Cup semi-final between West Germany and Yugoslavia in Dortmund. In the second singles, West Germany's Eric Jelen will face Goran Prpic, according to the draw held on
      AP  -  146 words
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      Lock icon Italian wins Tour stage as Delgado fails drug test
      371 11 AP ITALY'S Gianni Bugno won the Tour de France's 18th stage on Wednesday, but the race was overshadowed by the death of a six-year-old spectator in an accident and a positive drug test of the leader, Pedro Delgado. Bugno won the
      AP  -  371 words
    • Article, Illustration
      The big fight is on
      403 11  -  By CHARLES SAVAGE THE FIGHT'S ON. All the contracts have been signed. Come Sep 14, Thai World Boxing Council flyweight champion Sot Chitalada will defend his title against Nana Yaw Konadu of Ghana at the National Stadium. The 22-year-old Sot (whose real name is Chawalit
      403 words
    • Article, Illustration
      Lock icon Griffith Joyner and Lewis have the 200 on their minds
      407 11 UPI CARL LEWIS and Florence Griffith Joyner have some unfinished business at the US Olympic track and field trials in spite of the recordshattering world marks they have already set at the meet. Griffith Joyner and Lewis each want the
      UPI  -  407 words
    • Article
      Lock icon Chance for Leonard to bag two world titles at one go
      268 11 Reuter SUGAR RAY LEONARD may be returning to the ring this autumn, enticed by the prospects of fighting for two world titles in one fight. The World Boxing Council (WBC) gave preliminary approval on Tuesday to a title fight
      Reuter  -  268 words
    • Article
      Turning off the tension
      458 11  -  10 JMOHKE? IUSUBSS with Mike Cashmore RESPONSES to an American Management Association (AMA) study reported several ways to relieve both personal and career-related tensions: Develop sensitivity to physical and emotional responses. Pinpoint stress-producing situations. e Withdraw temporarily from stressful situations; take any sort of break Work
      458 words
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      Page 10 Advertisements Column 1
      838 10 COURVOISIERXO Httlt TO lAI.IIIM Fashion show. Fashion show! Fashion show"* Hot grills oho salads? V W®ase. BARBEQUE 'N' FASHION SHOW. a double pleasure, by the POOLSIDE. food served 7pm 10pm showtime 8.15pm. even' Thursday and Friday. Select from a variety of: salads and dressing, vegetables, meat, seafood and desserts. Not
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      136 10 1 Nightly from spm /jAMgS A pleasant, friendly waterhole amidst a cosy ambience. Favouritz of the Philippines and charming lames Hall from America entertain with their wide repertoire. vGV£3) Alfmt gg tzxcefuor note/ 5 Coleman Street Singapore 0617 Tel 338-7733 I A delicious spread of exotic Northern Indian Mughlai cuisine
      136 words
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      466 11 }{,>~(/`>-"-*\%+^!,]~].~!]!/<$$ Be a Steamboat Chef! July 15 to 24 We're bringing Dock me Steamboat Buffet to the Cate-in-the-Portc Select from a generous array at the freshest chicken, beef. pork, seafood and vegetables from the bultet table Then cook it at your table in a merrily boiling clear consomme The result
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      33 11 v VaC A COURyOISIER COGNAC >«* anni« <k vrailuMmtn, m fa„ oe chine ont pour obtenir la subnln* et li finesse d* ce Cognac Sr\ '*OOUCfc O fftANCI ''Sto .w i* xo COURYOISIER COGNAC
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  • COMMODITIES
    • Article
      Rubber
      264 12 SINGAPORE The rubber market closed little changed yesterday with August RSS One buyers price quoted at 261.50 cents/kg. unchanged from Wednesday s close. No Inro activity was reported. Trading on the TSR-20 market was very quiet and prices eased slightly from Wednesday's close. The August buyers price ended at
      264 words
    • Article
      Precious Metals
      253 12 HONGKONG: Gold closed higher yesterday but trading was quiet due to a lack of fresh news and factors. Bullion ended at U*****.20/70 an ounce against an initial 443.00/50 and 444.50/445.00 in New York's close. On the local market, gold fell HK$23 to close at HK54,132 a tael. Coins
      253 words
    • Article
      Soybean
      70 12 SOYBEAN FUTURES closed down the expanded 45 cent per bushel limit on Wednesday in most months for the third straight day on the Chicago Board of Trade, with the November settlement of US$B.37 representing about a 50 per cent retracement of the season's rally. A sell-off in the spot
      70 words
    • Article
      Wheat
      87 12 SOFT red winter (SRW) wheat futures closed down four to 6-1/2 cents per bushel after spot July expired 11 cents lower at US$365 on the Chicago Board of Trade on Wednesday. September settled at US$3.BO-1/2. near the middle of its 12-1/2 cent daily range. CBT corn futures closed mixed,
      87 words
    • Article
      Produce prices
      240 12 Chinese Produce Exchange Sollors' noon doling prim on My 21 (SJ/'OO kg) Coconut oil Bulk FOB 130.00 Old drum FOB 140.00 Ntw drum FOB 144.00 Copra Mi«*d (loos*) 73 P«pp«r soliori Muntok wfiite FOB NtW 952.50 Sarawak wfvt* FOB foq NIW 937JO Sarawak tpodol block FOB NIW 577.50
      240 words
    • Article
      RAS and MRELB
      290 12 RAS prices m s c*nt*/k 0 fob in t»i« NOON CLOSE Buyers S*ll*rs Buyers Sellers bit 1 RSS Prompt 259.00 261.00N 261.50 263.50N bit 1 RSS Aug 88 259.00 260.00N 261.50 262.50N bit 1 RSS S*p 260.50 261.SON 263.00 264.00N bit 2 RSS OP 257.00 259.00N 259.00
      290 words
    • Article
      KL Tin
      177 12 STRONG BUYING demand helped the Kuala Lumpur Tin Market recover nine centa to M 518.79 a kg in fairly active trading yesterday. They said the riae was aided by the lower offering of 54 tonnes at the opening. Most miners have exhausted their disposal stocks and some are
      177 words
    • Article
      SSR and SMR
      74 12 (canh/kg) AUGUST 1988 SEPTEMBER 1988 (current month) (forward month) NOON NOON RAS ftwycn S*H*n tvy«ri SSR 20 ***** 231.00N 229.00 231.00N SSR 50 227.00 229.00N 227.00 229.00N MRELB tuy*r* S*4l*n Saiitn SMR CV 486.00 *****N 488.00 490.00N SMB I 486.00 488.00N 488.00 490.00N SMR 5 314.50 316.50N
      74 words
    • Article
      Palm Oil
      448 12 MALAYSIAN CRUDE PALM OIL FUTURES yesterday recovered to close off the day's lows on short covering and speculative buying interest in anticipation of a rebound in Chicago soybean futures as operators felt the recent declines were overdone. Pakistan's purchase of 12,000 tonnes RBD palm oil for second half
      448 words
    • Article
      London markets
      284 12 London Commodity Exchange Buyer/Seller closing prices onJuly 20 (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Basis in-store London, sellers option OF London Jul 1052/1058 (1050/1057) High/Low 1055/1048 Sep 1075/1078 (1077/1078) High/Low 1078/1074 Soles (765) Cocoa Jul 952/968 (950/960) High/Low 960/948 Sep 978/980 (967/968) High/Low 984/964 Soles
      284 words
    • Article
      Oil and Products
      107 12 A bullish run on the New York Mercantile Exchange sent prices up on the crude and products markets. The volatility is keeping traders out of the market however. Closing prices for crude (FOB origin) USS/borrvl Chang* Taph (Aug) 14.75 0J5 Mlnoi (Aug) 15.25 +0.40 Dubai (Aug) 13.60
      107 words
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      588 12 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF P K GEMS PTE LTD (In members' voluntary liquidation) At an Extraordinary Oeneral Meeting of P K Oems Pte Ltd, held on 14th July 1988 at 63 Robinson Road #02-14 Afro Asia Building, Singapore 0106 the
      588 words
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      595 12 rim IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WAN-LI INTERNATIONAL HOLDINGS PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being voluntarily wound-up, are required on or before 22nd August, 1988 to send In
      595 words
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      Page 12 Advertisements Column 3
      719 12 THE COMPANIES ACT. CAP. 50 SAKLOU TRADING (S) PTE LTD (In Voluntary Liquidation) SPECIAL RESOLUTIONS PASSED ON 14 JULY 1968 At an Extraordinary General Meeting of the company held at Peninsula Plaza, North Bridge Road. #06-25 Singapore 0617 on 14 July 1988 the following Special Resolutions were passed (a) That
      719 words
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      Page 12 Advertisements Column 4
      628 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AMERADA ENTERPRISE PTE. LTD. (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of AMERADA ENTERPRISE PTE. LTD. duly convened and held at #01-20, Lucky Plaza. Orchard Road. Singapore 0923 on
      628 words
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  • REGIONAL MARKETS
    • Article
      Prices close lower
      1457 13 Hongkong HONGKONG SHARE prices closed slightly lower yesterday after a dull trading day with most investors remaining cautious about the immediate future, brokers said. The Hang Seng Index fell 10.17 to 2,687.37 after fluctuating less than 20 points in the whole day. The broader-based Hong Kong Index
      1,457 words
    • Article
      Lock icon Tokyo
      521 13 Reuter TOKYO SHARE prices closed up and on the day's highs yesterday after an up and down session which closed with a late afternoon buying spree, brokers said "It is an overall flat environment for stocks." said a broker. "The general tone of the market was weak but what
      Reuter  -  521 words
    • Article
      Seoul
      134 13 JULY 21 WON Cheil Sugar ***** unch Daelim Ind ***** 1000 Daewoo Corp ***** 600 Daewoo Heavy ***** -100 Daishin Securities ***** -500 Dong Ah Phar ***** -400 Dong Soh Stock ***** -500 Dongbu Steel ***** 100 Gold Star ***** -300 Hanil Bank ***** 250 Hami Cement ***** 100
      134 words
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      Lock icon Sydney
      479 13 Reuter THE AUSTRALIAN share market closed higher yesterday, with big mining and gold stocks leading the way, brokers said. They said both sectors were propelled by steady bullion and rising base metals prices. People were also encouraged by firmer performances in Wall Street and London overnight. The local market
      Reuter  -  479 words
    • Article
      Lock icon Bangkok
      160 13 Reuter THE SECURITIES Exchange of Thailand Index rose 3.50 points to 454.99 yesterday on a turnover of 2,793,719 shares worth 466.40 million baht. JULY 21 BAHT Ao Kham Thai 462 10 Ayudhya Investment 458 20 Bangkok Agro-lnd 130 2 Bangkok Bank 325 unch Bank Of Ayudhya 364 4 Charoong
      Reuter  -  160 words
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      Taipei
      302 13 JULY 21 NT t All Sincere Indus 6 00 -57 Asia Cement 86 00 1 Cathay Coos 105 50 0 5 Chang Hwa Bank 602 00 17 Cheng Loong 45 80 -02 Chia Hsin Cement 72 00 2 5 Chin Hsin Flour 28 30 03 China Chem 53 50
      302 words
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      Manila
      67 13 JUL* 21 PESOS *1AcO|« Mining Anglo Phil Ape* Mining B 0 041 -0 00! Atlas Con B Baguio Gold Basic Petroleum Benguel Con B First Phil Hldgs lepanto B Marcopp«r Marsteel Oriental B Phil Overseas Phila. R nnrh Picop B PLOT 200 -1 San Miguel B 218 3 Seafront
      67 words
    • Article
      Lock icon Mitsui considers withdrawing from giant project in Iran
      214 13 AFP JAPAN'S MITSUI business group is considering withdrawing from a giant petrochemical project it launched jointly with Iran's National Petrochemical Co (NPC) in 1973, sources in Tokyo said Tuesday Mitsui hopes to reach agreement with the Iranian side this year on its
      AFP  -  214 words
    • Article
      Lock icon Hongkong stockbrokers vote for reforms
      700 13 Move should help restore HK's tattered reputation FT HONGKONG STOCKBROKERS have bowed in the face of two months of intensive "re-educa-tion" by its executive and threatened government intervention in their operations by voting unanimously on Wednesday for reforms that for the first time give corporate
      FT  -  700 words
    • Article
      Lock icon Bond Corp's holding in Bell Group reaches 40 per cent
      105 13 Reuter AUSTRALIAN brewing conglomerate Bond Corp Holdings Ltd's holding in its takeover target, Robert Holmes a Court's Bell Group Ltd, has reached 40 per cent, the company said in a statement to the stock exchange on Wednesday On Tuesday, it
      Reuter  -  105 words
    • Article
      Lock icon EIE seeking stake in Air NZ
      117 13 AFP JAPANESE real estate firm EIE Development Ltd said yesterday that it was seeking a strategic shareholding in Air New Zealand. "The company wants a strong minority investment that will not endanger Air New Zealand's status as a national carrier," EIE director Bungo Ishizaki
      AFP  -  117 words
    • Article
      KL shares finish slightly higher
      3609 13 SHARE PRICES on the Kuala Lumpur stock market closed slightly higher yesterday in active trading. The property sector, which attracted support in early trade eased, however, to end the session somewhat mixed except for a couple of double-digit gainers such as City Developments, which perked
      3,609 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article
      APPROVED ISSUES
      25 14 Company BONUS ISSUE S P P One-for-two Ex dot*: NYA Books close: Aug 1 Tuan Sing One-for-10 Ex-dote: NYA Books dose: Aug 1
      25 words
    • Article
      PROPOSED ISSUES
      262 14 Company RIGHTS ISSUE AMDS One-for-four $0 50 per share C 1 Holdings 27 million loon stocks in the ratio of $3 loon stock for every five ordinary shores held C K Tang One-'or-two $225 per store. Each rights comes with two detoctobie TSts. The exercise price for the
      262 words
    • Article
      COMPANY MEETINGS
      191 14 BUKIT Sembawang Estates Limited: 22nd AGM at 19th Floor, OCBC Centre, Chulia Street, Singapore 0104 on Friday, July 29, at noon. GENERAL CORPORATION Berhad: AGM at Bunga Kenanga, Level 3, Pan Pacific Hotel, Jalan Putra, Kuala Lumpur on Friday, July 29, at 11am. METROPLEX Berhad: 25th AGM at
      191 words
    • Article
      Unit trusts
      271 14 Monagers' prices Jopon Gr Fund 1 49 1 54 for JuN 22 Shenton Thrift Fund 087 087 Singapore Unit Trust UOB Management Umfund 099 099 The Commerce 104 111 Umbond 101 1005 The Savings Fund 092 098 S'pore Prog Kind 044 048 S'pore See Fund 072 077 MARA-Bumiputra
      271 words
    • Article, Illustration
      Profit-taking pares gains scored in morning trade
      692 14 ERRATIC SENTIMENT among local investors sent share prices to their highest levels yesterday before sporadic profit-taking pared down the gains on moderate turnover. Selective institutional interest in component stocks pushed share prices higher in the morning while all eyes were watching the Tokyo
      692 words
  • Article
    SES SHARE INFORMATION
    5215 14 Gr't fir's 11 MS Tol Last Dlv Dtv Vld Net Vol Day Loot G Mot* nign Low Codo Company Sal* OC- C'vr P/E (-000) High Low Buyer SECTION ONE INDUSTRIAL A COMMERCIAL ADEF A 1005 1005 ADEF B 1005 139 95 t 1000 Acma 130 xd unch
    5,215 words
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  • COMPANY NEWS
    • Article
      Tang's purchase may iron out complexities
      509 15 IMS® mmm C K TANG Ltd's (CKT) proposal to buy up chunks of Tangs department store space at a discount would help iron out complexities under the current ownership of the property. Its purchase of the remaining store space it does not already own,
      509 words
    • Article, Illustration
      Lock icon Goodman pricing Ranks low
      562 15 tfaiaea mm™ By HOCK LOCK SIEW THE ACQUISITIVE Aussie food giant Goodman Fielder Wattie has finally swooped in on Ranks Hovis McDougall after stalking it for more than two years. Following failed negotiations with RHM's officials, GFW has decided to switch the battle from the boardroom
      By HOCK LOCK SIEW  -  562 words
    • Article
      Lock icon G Lumber to buy logs for M$2.75m
      149 15 Bernama GENERAL LUMBER (Holdings) Bhd has entered into an agreement with P T Kwala Langsa of Medan, Sumatra, to purchase all logs to be extracted from a designated 5.000 hectares of a timber concession for M 52.75 million. The company said in a
      Bernama  -  149 words
    • Article
      Majority stake in Apollo on offer
      340 15  -  By CORRINA LIM THE TAN FAMILY, which owns a majority stake in Apollo Enterprises Ltd, is now trying to sell off its stake in the hotel company to the highest bidder. This follows a break-down in negotiations with an unnamed party, believed to be
      340 words
    • Article
      KFCS a partner in Tianjin's largest husbandry project
      389 15 KENTUCKY FRIED Chicken (S) Ltd (KFCS) has scored a first with its joint venture in China. It has teamed up with the Tianjin Poultry and Egg Company (TPE) of China and Aquiline Resources Services Pte Ltd (ARS) to set up the largest
      389 words
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      203 15 NOTICE IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF AMS INVESTMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap 50, that a Final Meeting of the Members of the
      203 words
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      Page 15 Advertisements Column 2
      836 15 B Keppel Corporation limited (Incorporated in the Republic of Singapore) ACQUISITION OF SHARES IN SIM LIM FINANCE LIMITED The Directors of Keppel Corporation Limited ("KCL") are pleased to announce that KCL has entered into a conditional sale and purchase agreement ("the Agreement") with Sim Lim Investments Limited ("the Vendor") to
      836 words
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  • WORLD MARKETS
    • Article
      Lock icon Counter bid for RHM is likely, say analysts
      726 16 Goodman's offer not overly generous Reuter AUSTRALASIAN food group Goodman Fielder Wattie Ltd's £1.7 billion contested bid for Ranks Hovis McDougall PLC (RHM) is not overly generous and could well pave the way for a counter offer by another food group, food
      Reuter  -  726 words
    • Article
      Lock icon Shamrock makes buyout bid for Polaroid
      200 16 Reuters LONG-RUMOURED takeover target Polaroid Corp has received an unsolicited US$2.4B billion buyout bid from Roy Disney's Shamrock Holdings, a week after the instant photograph company stunned the business world with plans to enter conventional photography. The news sparked instant speculation that Polaroid would
      Reuters  -  200 words
    • Article
      Lock icon Strong aircraft market for next 12 years: Airbus
      676 16 NYT AIRBUS INDUSTRIE has been strengthened by a spate of recent orders for its planes in its rivalry with the Boeing Co. The recent crash of one of its new A 320 jetliners at an airshow in Paris, however, has cast some
      NYT  -  676 words
    • Article
      Lock icon Drastic reform of Paris bourse rules on the cards
      425 16 FT THE PARIS BOURSE is preparing a radical reform of operating practices, following the disclosure of another 700 million French francs (US$llO million) of provisions to cover trading losses by member firms. This reform includes the application of strict prudential rules
      FT  -  425 words
    • Article
      Untitled
      1236 16 Selected indices HONGKONG Hongkong Index Thursday 1.777 99 Wednesday '.783 66 Week ogo 1,***** Hang Seng Index Thursday 2.687 37 Wednesday 2.697 54 Week ogo 2.752 96 All Industrials Thursday Wednesday Week ogo NEW YORK Dow Jones Wednesday Tuesday Week ogo 2.5886 2.576 8 2.5670 ZII060 2.097 26 2,104 37
      1,236 words
    • Article
      Lock icon US drug company to buy Vichy
      61 16 Reuter WARNER-LAMBERT Co has agreed to buy the French candy maker Nouvelle dee Pastilles de Vichy from the Perrier Group for undisclosed terms. The diversified pharmaceutical company, which makes such chewing gum brands as Trident, Dentyne, and Chiclets, said the acquisition will provide the
      Reuter  -  61 words
    • Article
      Lock icon Stocks rally on moderate volume
      1047 16 New York Reuter WALL STREET stocks snapped a twoday losing streak with a moderately higher finish on Wednesday. Analysts called the rally partly technical after the Dow Jones Industrial Average twice closed below the 2,100 level in recent weeks and that failed to trigger heavy
      Reuter  -  1,047 words
    • Article
      Lock icon Shares open higher on bid talk
      1032 16 London Reuter SHARE PRICES in London opened firm yesterday, with Wednesday's flurry of speculative activity carrying over into early business, dealers said. "Yesterday's Goodman (Fielder) bid for RHM has got people looking out for more moves elsewhere and resurrecting old bid stories," one trader
      Reuter  -  1,032 words
  • Page 16 Advertisements
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      175 16 Global Financial Derivative Markets Seminar A Two Day Basic Course on Interest Kate, Foreign Kxehani»e and Stock Index Futures and Options Topics Include: Markets, Concepts and "Hoic to Use" Applications Singapore. Oriental Hotel. .Inly 2.~>-2() What This Course Offers THIS COURSE is designed to introduce the successful trading and hedging
      175 words
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      5 16 Hock Lock Slow, PAGE 15
      5 words
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      Page 17 Advertisements Column 1
      640 17 ITALIA shifts into top gear w The most comforting thought for any car owner is to know that there is life beyond putting ones commitment on the dotted line. Truly, it is by no means a mere coincidence that many an astute car buyer believes that a car is only
      640 words
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  • Article, Illustration
    BG Lee: S'pore faces challenge of smooth leadership change
    383 18  -  By ANNA TEO ENSURING that leadership change goes through smoothly is a challenge Singapore faces, said Trade and Industry Minister Lee Hsien Loong on Wednesday night. Although the younger leaders have decided on Mr Goh Chok Tong as the next prime
    383 words
  • Article
    Lock icon Pyongyang proposes non-aggression agreement
    377 18 Reuter NORTH KOREA yesterday proposed a non-aggression agreement with South Korea to ease tensions on the peninsula. The official North Korean central news agency, monitored in Tokyo, quoted the text of a letter it said was delivered to South Korea at the Panmunjom truce village earlier
    Reuter  -  377 words
  • Article
    Lock icon Seoul builders suffer US$1.3b default
    157 18 AP FOREIGN CLIENTS defaulted on US$l.35 billion in payments to South Korean construction firms for overseas work by the end of 1987, according to a report released yesterday by the Construction Ministry in Seoul. Officials said the amount compared with about US$2 billion a year
    AP  -  157 words
  • Article
    Lock icon Aquino sticking by Justice Secretary's ruling on bases
    492 18 UPI PRESIDENT Corazon Aquino says she is "sticking by" her Justice Secretary's ruling that she has the power to disregard a constitutional ban on nuclear weapons, enabling Washington to keep its military bases in the Philippines. Justice Secretary Sedfrey Ordonez laid down
    UPI  -  492 words
  • Article
    Lock icon Sydney monorail opens
    90 18 Reuter SYDNEY'S monorail, built at a cost of As6o million to cruise silently above the traffic in the heart of the city, started operations yesterday. The monorail, target of countless public demonstrations since New South Wales state authorities decided to go ahead with the project in 1985,
    Reuter  -  90 words
  • Article
    Lock icon Sihanouk to visit Jakarta but will not attend Bogor meeting
    246 18 AFP PRINCE Norodom Sihanouk will arrive in Jakarta tomorrow as a personal guest of Indonesian President Suharto but will not attend next week's informal meeting on Cambodia. Foreign Minister Ali Alatas said yesterday: "Prince Sihanouk will arrive here on Saturday
    AFP  -  246 words
  • Article, Illustration
    Anarchitecture
    65 18 A COUPLE of businessmen are pictured walking out of this strange looking building in downtown Tokyo. The facade gives an impression that the building has been semi-destructed by some force or other, but that's the way design architecture is shaping up nowadays in New York and other jet-set cities.
    65 words
  • Article
    Lock icon Tun Salleh fails in bid before Supreme Court
    162 18 NST, Bernama THE MALAYSIAN Supreme Court yesterday dismissed two applications including one by suspended Lord President Tun Mohamed Salleh Abas which sought to stop a tribunal from submitting its recommendations to the King. Tun Salleh had asked the court to strike out
    NST,; Bernama  -  162 words
  • Article
    Lock icon Kit Siang hearing postponed for third time
    173 18 AFP THE HIGH COURT in Penang yesterday postponed for the third time its hearing of a habeas corpus application by detained parliamentary opposition leader Lim Kit Siang. Judge Dzaiddin Abdullah said he was postponing the hearing to Sep 6 to allow Mr Lim's
    AFP  -  173 words
  • Article
    Lock icon Second KL-S'pore link: final decision may take two to three years
    262 18 Bernama THE MALAYSIAN and Singapore governments have agreed in principle to having a second traffic link between Johor and Singapore, Mentri Besar Haji Muhyiddin Yassin said. However, a final decision might take another two or three years, he said.
    Bernama  -  262 words
  • Article
    Lock icon Comex gold and silver
    89 18 Reuter COMEX gold futures ticked lower on early sympathetic selling yesterday from silver, which deflected demand from a weak dollar. In a subdued market. August gold was down US$O.5O at U*****.21 an ounce. Silver futures lost ground on fresh selling fed by unconfirmed reports that Peruvian
    Reuter  -  89 words
  • Article
    Lock icon Polls show Prem likely to head new government
    257 18 Reuter PRIME MINISTER Prem Tinsulanonda is widely expected to be invited back to head a multi-par-ty coalition government after Thailand's general election on Sunday. According to most polls, the 67-year-old former army chief who has led five governments since 1980, stands an
    Reuter  -  257 words
  • LATE FILE
    • Article
      Lock icon Ruling could harm politicians
      63 18 AFP A JAPANESE Supreme Court ruling on stock transaction could have serious repercussions for Prime Minister Noboru Takeshita and other politicians connected with a share selling scandal, analysts said yesterday. The judge ruled in a case not directly connected with the politicians that selling shares for
      AFP  -  63 words
    • Article
      Lock icon Taiwan expands imports list
      49 18 AFP TAIWAN is expanding its list of approved imports of Chinese commodities from 30 to SO items to include coal, cotton and silk, Board of Foreign Trade director Vincent Siew said yesterday. But these still have to pass through third points such as Hongkong. AFP
      AFP  -  49 words
    • Article
      Lock icon Drought strikes China province
      48 18 Reuter THREE million people are without water after a fourmonth drought in the central China province of Hubei, the China Daily said yesterday. It said 50,000 officials have been sent to fight the drought which has hit more than half the farmland in Hubei.
      Reuter  -  48 words
    • Article
      Lock icon Vietnam wants payment from US
      53 18 AP VIETNAM has asked the US government to pay all expenses involved in its recent rescue of three US Navy aviators whose plane made an emergency landing in the South China Sea, a US Embassy spokesman said yesterday. Spokesman Bill Schauer said: "This request is
      AP  -  53 words
    • Article
      Lock icon Burmese police chief sacked
      59 18 AFP BURMESE police directorgeneral Thein Aung has been dismissed in connection with the deaths of 41 people who suffocated in a police van during riots in Rangoon in March, the state news agency said yesterday. Rangoon police director Pe Kyi was demoted and transferred, following the
      AFP  -  59 words
    • Article
      Lock icon UIC offer to buy Roxy approved
      44 18 Bernama THE proposal by United Industrial Corporation Ltd to acquire up to 60 per cent of the enlarged capital of Roxy Electric Industries (Malsysia) Bhd has been approved by the Foreign Investment Committee end Bank Negara Malaysia. Bernsma
      Bernama  -  44 words
    • Article
      Lock icon Smoking banned on Air Canada
      46 18 Reuter AIR CANADA said it would extend its no-smoking policy to all of its nearly 400 daily flights in North America and Mexico. The ban, which takes effect on Sep 3, would forbid smoking on all scheduled and charter flights. Reuter
      Reuter  -  46 words
  • Page 18 Advertisements
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      171 18 SUCCESSFUL EXECUTIVES Are you looking for a change of career? A job that would bring you into contact with the best and brightest in Singapore, and put you at the very heart of business and economy? Then consider a switch to the fast-moving and stimulating world of business journalism. Put
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      9 18 Moscow, Hanoi put hope on Jakarta meeting, PAGE 4
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      Page 18 Advertisements Column 3
      266 18 ■Z 'A Grown-up toys at The G/smo Shop THERE ARE about 150 different gismos to take home at any one time. Each week, new items are added even as hot-sellers go out of stock. The Gismo Shop may be new, but its reputation as Singapore's one-stop gimmicky gadget haven has
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  • SHIPPING TIMES
    • Article
      M'sian ports likely to post 12pc rise in box handling
      415 19  -  Uniglory Line boosts Johor Port's box traffic By G DURAIRAJ PENINSULAR Malaysian ports are expected to handle about 490,000 TEUs this year, an increase of more than 12 per cent over 1987. Last year the three principal ports, Port Klang,
      415 words
    • Article
      "K" Line will add 100 double-stack cars to fleet
      176 19 KAWASAKI Kisen Kaisha had announced its intention to increase dramatically its double-stack train service within the United States. Within six months "K" Line will be offering daily stack train service between Long Beach, Chicago and New York. Currently, the Japanese carrier
      176 words
    • Article
      Lock icon Turkish maritime chief dismissed
      80 19 Reuter THE HEAD of the Turkish Maritime Administration, Ahmet Yildirim, has been dismissed by cabinet decree The state-run Maritime Administration, which runs shipping lines and ports, will now be headed by former banker Engin Civan. The head of Turkish Airlines (THY), Yilmaz Oral, was also dismissed.
      Reuter  -  80 words
    • PORTSIDES
      • Article
        Lock icon Unicorn Joni towed to Curacao
        55 19 Reuter THE 5,233 dwt Bahamian tanker Unicorn Joni is under tow to Curacao after being immobilised by an engine room fire on July 15, Lloyd's Shipping Intelligence said. The vessel is expected in Curacao after discharging part of its cargo of 25,000 barrels of gas
        Reuter  -  55 words
      • Article
        Lock icon Ship grounded after hitting bridge
        60 19 Reuter THE 11,169 dwt British bulk carrier Gypsum Countess ran aground after striking the Oanziger lift bridge in New Orleans on July 19, Lloyd's Shipping Intelligence said. The vessel was fully laden en route from Tampico to the United States Gypsum Co plant, Intracoastal Canal.
        Reuter  -  60 words
      • Article
        Lock icon Pumping operation in Gulf
        102 19 Reuter A PUMPING operation to discharge liquefied ammonia gas from the 15,530 dwt Liberian gas carrier Mundogas Rio to its sistership Mundogas Pacific will begin on July 26 off Fujairah, United Arab Emirates, Lloyd's Shipping Intelligence said. The Mundogas Rio was badly damaged in an attack
        Reuter  -  102 words
      • Article
        Lock icon Indian carrier still adrift
        48 19 Reuter A TUG/SUPPLY vessel has failed to arrange towage for the 10.280 dwt Indian bulk carrier Thapar Kahnadi, adrift in the Arabian Sea with failed engines. Lloyd s Shipping Intelligence said. The vessel is drifting off Tarapur. unable to anchor due deep waters. Reuter
        Reuter  -  48 words
    • Article
      Lock icon Bright outlook for tanker market, says Intertanko
      522 20 Reuter THE MEDIUM and long-term fundamentals of the tanker market look promising, although an end to the Gulf War would release tonnage back on to the market, exerting downward pressure on rates. Intertanko said. The war has tied up tonnage due to escort
      Reuter  -  522 words
    • Article
      Lock icon Consolidated Rail increases second half traffic forecast
      241 20 Reuter CONSOLIDATED Rail Corp officials said they had increased their forecast of rail traffic in the second half and also plan to raise capital spending about 10 per cent above previously planned levels. In a meeting with analysts, Charles Marshall, senior vice president,
      Reuter  -  241 words
    • Article
      INDEX TO ADVERTISERS
      970 20 A6 Shpg V 5 ABC Container IX 1 Accord Shpg VI Ahrenkiel liner X AMtrons VII AC Toepler XI Amfficofl Tpt N Anro Service IV Arrow lines IX Asian Oceon XI Assoc Co"»og« XI Ados Una X ANl 1 AfC line V API HI ASCI III Bolt
      970 words
    • Article
      MTL enjoys 26pc rise in throughput
      178 20 MODERN TERMINALS Ltd has chalked up an impressive first half by turning in a 26 per cent increase in throughput. In the first six months, Hongkongs private terminal operator, handled 612,937 TEUs compared with 428,788 TEUs in the same period last year. The improvement
      178 words
    • Article
      ITF in fresh bid to list Philippines as a FoC nation
      879 21  -  By JUNE LIM THE THREAT has hung over the Philippines for the last three years. But the latest move by the International Transport Workers' Federation (ITF) to list Philippines as a flag of convenience appears to be the most
      879 words
    • Article
      World's largest supplier of seafarers
      554 21 PHILIPPINES remains the world's largest supplier of seamen. Last year, the Philippines Overseas Employment Administration (POEA) reported that 67,000 seamen were employed at sea. the highest number on record. This compares with 52,000 three years ago when the industry was going through one of its
      554 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8638 26 3®aBG)(!EB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      8,638 words
    • Article
      BUNKER QUALITY MARKET REPORT
      136 26 Area/Port Viecoelty CST at 50C Density G/ML at 15C Water Volume 0/0 Africa/Red S«a Jeddoh Durban 23/207 158/182 0.912/0.979 0.977/0.991 0.1/2.0 0.0/0.3 Arabian Gulf Ras Tanura Bahrain 167/202 182/184 0.950/0.977 0.973/0.977 0.0/0.2 0.1/0.2 Europe Rotterdam Hamburg Le Havre Genoa 51/496 31/385 25/359 63/316 0.957/1.009 0.931/0.989 0.928/0.987
      136 words
    • Article
      SHIPS IN PORT
      1396 27 AT CONVENTIONAL WHARVES V,M# Barth Arrival Departure KEPPEL WHARVES IS oiongs.de 2207/2300 olongs.de 24 07 WOO t ungk.ng K33 olongs.de 22 *****0 Eos em Gory IC26 olongs.de 22 07/1500 Encowrooeownt KI6 0lon9s.de 22 07 1830 ok »W<* 2207 0600 t™ 8 K2 olongs.de 23 07 2300 Koto
      1,396 words
    • Article
      Who acts for whom...
      2071 28 A—B AB Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg (S) Accord Shpg Accord Shpg (S) Africa Ocean Lines Sealton Shpg (S) Ahrenkiel Liner KiwSbpg (S) Alfred C Toepfer OOMnus Shipping Agencies (S) Multiport Sdn Bhd (PK) Alltrans Alltrans Express Amencsn President Lines APL
      2,071 words
    • Article
      LONDON FREIGHTS
      1160 28 NORTH AMERICAN grain charter rates on the London shipping freights market held firm on Wednesday, enabling the Tonci Topic to achieve US$l9 50 (basis no combination ports) or $20 (with combination ports) for a 52,000-ton August shipment from the US Gulf to Japan The North Pacific grain tone
      1,160 words
    • Article
      Lock icon Reorganisation pays off for Wah Kwong
      475 30 Changes in chartering policy Lloyd's List HONGKONG'S Wah Kwong Shipping Group s financial restructuring has begun to pay off with the company starting to reap profits from the improved bulk carrier market and changes to its chartering policy. Chairman Tsong-Yea Chao said 1987 was
      Lloyd's List  -  475 words
    • Article
      SHIPPING EVENTS
      364 30 July 29-Aug 13 Galbraith's Shipping Course, Ashridge Management College. Berkhamsted, Herts (details: Galbraith's Ltd, Shackleton House, 4 Battle Bridge Lane. London SEI). Aug 23-26 Offshore Northern Seas Technology, conference. Stavanger, Norway. Aug 24-31 CAD/CAM in Shipbuilding, conference, Leningrad. USSR. Sep 6-9 Baltexpo '88, 4th international maritime exhibition, Gdansk,
      364 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      750 19 *0° TIMES STP Distributors Tmt»t Pu6Mnn« Croup OOCL *gents JARDINE SHIPPING AGENCIES (Reg No 242*4, OOK) WW/ 200 Cantonment Road #12 05 Southpomt. Singapore 0208 Tel *****11 TELEX NO RS ***** I TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SDN BHD j mMiPOIII KELANG
      750 words
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      Page 19 Advertisements Column 2
      126 19 mm THE MEDIUM and long term fundamentals of the tanker market look promising, although an end to the Gulf War would release tonnage back on to the market, exerting downward pressure on rates, Intertanko said. Page II THE THREAT has hung over the Philippines for the last three years. But
      126 words
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      Page 19 Advertisements Column 3
      378 19 TIMES STP Distributors STR^?' MAERSK LINE WE PUT YOUR CARGO ON THE TRACK TO THE U.S. GULF Feeder from! Poft VOy ,P Malay*. Keiang To Europe -UK Scandinavia Finland M Monoo M Monoo M Monoo M Monoo M MonOO M Monoo To Mediterranean Sea ALR BCN VLC FOS MRS LSZ
      378 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      740 20 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT KAGA KASUGA MARU LARGS BAY HONGKONG EXPRESS KAMAKURA ARLBERG RHINE MARU TOKYO BAY ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN. COPENHAGEN, AARHUS, GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM, CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT CONV/SEMI-CONTAINER SERVICE TO MED EUROPE (MB Singapore
      740 words
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      Page 20 Advertisements Column 2
      19 20 Lines and services represented by Members of the Registry of Accredited (flf/jiH Shipping Agents. Singapore National tffc Shipping Association.
      19 words
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      Page 20 Advertisements Column 3
      557 20 ([AMERICAN TRANSPORT LINES, INC U. 3. EAST COAST, CENTRAL/SOUTH AMERICA, CARIBBEAN/MEXICO l.TuiV-l AmTrans- IT FEEDER VESSEL ACCEPTING CARGO TO ATLANTA. SAVANNAH. BALTIMORE MAUI. TAMPA OTHER U.S. EAST COAST PORTS ON REQUEST ALSO ACCEPTING CARGO TO CENTRAL/SOUTH AMERICA CRISTOBAL. PUERTO CAKLLO. SANTOS, RK> GRANDE. PARANAGUA, RIO OE JANEIRO. BUENOS AIRES OTHER
      557 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      856 21 S3 The Straits Steamship Group Mansfield Container Shipping Re Ltd Eirf STRAITS SHIPPING Singapore to Satoah, Sarawak, Bmnai Ports and Bangkok P&O Containers CONTAINERSWP SERVICE TO UK/CONTHENT: LAMS MY MOMS KONG EXPRESS milium n UJUC RHINE MARU TOUTO BAY WM 12M i«M vm am ft CASUS PROGRESS VSJ7N Ptcasus progress
      856 words
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      Page 21 Advertisements Column 2
      629 21 c SAV Carrpjn.j SudArrf-nc.mj do I'jpcr J, .u.Lj.jiuji 9tnu van. m toko amca km antotvaip sm *ohl im a* ap tm li/M iCAWO®- an M m VCSKL ap 2/M VM VM Mp4 CARGO FOR PUNTA ARENAS TAICAMUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Ag«nts Singapore *****00 Bookings *****08 rv*
      629 words
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  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      500 22 as I NOSE MARITIME PTE LTD ntl ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRAN MEE2AN IRAN EKRAM Singapore 26/7 n/7 BANDAR ABBAS BANDAR ABBAS Singapore Loading forJAPAN. KOREA KYOWA LINE Singapore Loading for: A VESSEL 15/8 LAE, PMB, RBL, HRA HK LOAD FOR OCEANIA EXPRESS V-18 6/8 GUAM, SAIPAN YOKO
      500 words
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      Page 22 Advertisements Column 2
      928 22 MC&.lme g»*n cMfKjr/M FULLY CONTAINERISED SERV l IC_E TO EUROPE VIA SUEZ 1 A Member ol the Ace Consortium CHINA CONTAINER 4M HONGKONG CONTAINER MW KOREAN JACEJIN 4SW KOREAN JACEWON MM QUEEN S WAY MIKE «W SEVEN SEAS MIDGE 67W KOREAN CHANCE WH OAK SEA 21/8 1M 28/8 an m
      928 words
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      Page 22 Advertisements Column 3
      172 22 VA FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY KARACHI: ETA 9/8 23/8 INDOLE EAST SERVICE NEW SERVICE DUBAI 28/7 ft 10/8 EURO-AFRICA FOt> PORTO, LISBON, Off AN, BILBAO MADRID, MALAGA, MELJUA, TANGER, TENERIFE, lASPAIMAS, ALGCR TUNC, VALLETTA. IRUN, CEUTA A ISTANBUL 6/8 9/8 FAR EAST PORT KELANG A
      172 words
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      Page 22 Advertisements Column 4
      1113 22 w bos EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP HKC KSC KLC PUS OSK TYO EVER GLAMOUR/EVER GMET MP VP MP Mp 2* I* EVER GENERAL/EVER GOLDEN It 11 VI U J1 4U EVE* GLOBE I* *0 I*o UH I*o a* 21* EVU GENTLE 14* ll* 2M E*
      1,113 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      925 23 PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE tM 1M m/s >m m ii/s MTC HITACHI MOO NAGOYA. POO PASW QUOANO. ACCtmNO MOMOMAN CARGO VU HKO JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE I OOWA HAWK KOTA MCLATI OOWA 1 BANGKOK
      925 words
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      Page 23 Advertisements Column 2
      408 23 \a BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT m u* i* iu IM W MN ia 1M im im aw an an an a* a* a* an w oi w a m m in vt vt iu» W 11/1 UK 1*» IV) l« IM 1H W1 M EXPRESS CONTAINER SERVICE
      408 words
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      Page 23 Advertisements Column 3
      547 23 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 SIN6APORE TO EUROPE VSI/VOY A' VESSEL L.J BONTANG/15WB SRIWIJAYA/24W8 OCEAN PRIMA/11WB KUTAI/15 WB Port Said, Port Alexandria, Qonoa, Trtoola. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO
      547 words
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      Page 23 Advertisements Column 4
      370 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon s'pore P.Kelang Penang Bangkok pagan vum PA-AN VIZ7W HTONEYWA V237W SEMI-CONTAINER SERVICE TAMAITAI SAMOA VI3N FORTHBANK V22N IVYBANK V22N SPORE ROAM HULL HMBG 24/7 25/S 31/S 29/1 3/8 29/S fi/9 JS 9/9 */10 WO 12/10 CORAL
      370 words
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  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      978 24 Q K LINE KAWASAKI KISEN KAISHA. LTD. N. AMERICA-ATLANTIC COAST AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR VOY *INDO II 24/7 VOY LB 17 11/6 9 25/6 13 2/7 10 9/7 •PK/PNG 25/7 l/» Iff 1*» N. AMERICA PACIFIC SOUTH-WEST MOTHER
      978 words
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      Page 24 Advertisements Column 2
      668 24 ■M. KALI DAS V3B TULSIDAS V 37 KALIDAS 39 TULSIDAS 38 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P slang Ptnang Loading tor. Motor Vsl By «Ot' By Faed* V3B i Aug 1 Aug 1 Aug Frem/Meto,«!«*/* *J? 2 Sept 25 Aug 25 Aug Frsm/Malb'Sydn/A V 39 26 Sept
      668 words
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      Page 24 Advertisements Column 3
      516 24 STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN Cotombo/KaradWOuba. GOLDEN BEAR Cotombo/Kjrachi'Dubai CHINA SERVICE OAI VUN SHAN Shongtwi A VESSEL Huanipui'Siitnfhti GOLDEN LINE GUAN GUAN SHIPPING (Pit) ITO 23 Tfttofc Av«r Str««t SINGAPORE 0104 TEL U4JM (It LINES) Fti S3USM JLF SERVICE: Sport PKotam Ponant Ktrtctii Dubai 30/31 iuty i/Ktr*chi Dubai 1/9 Auf
      516 words
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      Page 24 Advertisements Column 4
      498 24 .I M'M'JI M rvn nr'H't SHAH) AM JEDOAH (LCL) »n. um an, ia c/i h i [•mvv I PHILI Oni€NT LINCS PT€ LTD HEAOOEFICE 63 ROBINSON ROAD .07 1? 11l AFRO ASIA BUILDING SINGAPORE 01C6 I^-—TEUX RS ***** PHIL! FA* *****76 NOBLE EAST/FAR EAST FCL i LCL S ETA SINGAPORE
      498 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      924 25 7 B mm s pore neptune agencies pte ltd fe Vl f H Ownwrwl Enquiries: Twl: 275M77 H' Tel No Terminal CFS BOOKINGS H *****22 *****43 P MUng NEPLINE SDN BHD. 3«JUJ NEPTUNE ORIENT LINES LTD ™IS!JHS 1 J Bihru NEPLINE SDN BHD *****0/*****1 A mwnbw of Mm ACE Conaocttwn
      924 words
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      Page 25 Advertisements Column 2
      448 25 HEUNG-A SHIPPING Korean Flag Vessels DOHA* SEMI CONTAINERISED DIRECT SERVICE TO KELANG. PENANG. KEELUNG, BUSAN. INCHON WEF JUNE 1) BUSAN SINGAPORE 2) 10 DAYS SERVICE 11 VeuoTt Name CTO BS SPORE PKELANC No t Donjm/K7N 13/07 23-23/07 No I Donam/UtN 10/07 Z3 2V07 27 2S/07 No I Donam/WN 17/07 01-02/01
      448 words
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      Page 25 Advertisements Column 3
      599 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG p KELANC MESSRS MAI THONG SHIPPING 127 Penanj Street. Penatg. Malaysia M/S HANDLING SYSTEM CO SON
      599 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      333 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 <30 L.nes> fAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAO VE.B DEUTF RACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE TO EUROPE FAHRLAND VWK HAVELLAND Vtyßß 14/6 M J22.1 1/1 I 1/9 I 3/9 RUHLAND VW ■VIA COLOMBO:
      333 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      144 26 I Regional Weather <« v. 8 (S 1 m VE 1 3 X u SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7JO AJL July 22, 1968 R T*mp*roKr# c X\ W ihou..| W*ott<*' W#xl <V*c>.on »,tti sp**<3 knot* W. M^, Cloudy Sky Woct «r« by o'rowt wtocti H» wit* tk# w.mJ
      144 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      450 27 FARGO SHIPPING COMPANYIPTEILTO. No 15 Hoe Chiang Road #13-02 Sanford Building, Singapore 0208 .Tel: *****22 Tlx ***** FASCO ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND IE i ca 1* DATS TO SYDNEY! TO USA/CANADA f .""I "1 Also accopting cjrfo to:USA —Houoton, Savannah, Tampa, Jackaonvilla, Wilmington (Dal) Norfolk. Baltimore. Now York,
      450 words
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      Page 27 Advertisements Column 2
      293 27 hcsp i i CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Llnet) Fa*: *****61 MElffl S'pore to USA (ALL PORTS) (LCL) S'pore to Auckland (LCL) ETD S'pore to Antwerp (LCL) ETD S'pore to Copenhagen (LCL) ETD S'pore to Fremantle (LCL) ETD S'pore to Inchon (LCL) ETD S'pore to Bueen (LCL)
      293 words
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      Page 27 Advertisements Column 3
      622 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 Bj IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE MV SINDBAD ETA S TORE 30/7 LOADING FOR Japan THROUGH l/U to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA A BAGHDAD REEFER SPACE AVAILABLE
      622 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      655 28 m FINE-LINER SHIPPING PTE LTD 70 Shenton Way. 04 02C Marina House S pore 0707 TEL *****77 (8 Lines) TLX RS ***** FLINER FAX *****56 EUROPE SERVICE FAR EAST SERVICE 12% l*B 1* m nt at MIDDLE EAST GULF SERVICE I I"Q DOS SRI AN Ul m MH DW jS
      655 words
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      Page 28 Advertisements Column 2
      697 28 ZIM FULL CONTAINER SERVICE accepting FCL/LCI cargoes to USA East t West Cms Carribbean East Canada HAITI CostJ Rica El Salvador Guatemala Honduras Venezuela Peru Ecuador Colombia via Miami Trinidad. Barbados Antigua. S Lucia Montserrat Guayana via Kingston I ri.'MiTrnrTMTwna^Tiiara J AUSTRALIA CONTAINER SERVICI ZIM SYDNEY 7IM TRIESTE ZIM MELBOURNE
      697 words
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      Page 28 Advertisements Column 3
      320 28 bverett Lines/ COMPANIA PERUANA \\S DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO. MATARANI, 110* ANO ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Pwwflg* P. Ketone* Stepper* MURRAYEVERETT 31/2 A* THOMASEVERETT 12/14 Aul HUGHEVERETT 24/25 ki* THOMASEVERETT 12/14 Ai« HUGHEVERETT
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      428 29 Seabridgfe JEURO AFGHAN/IRAN SERVICES JEURO EASTERN BLOCK SERVICES S*m HUNGARY. POUND. ROMANIA. mm BULGARIA AUSTRIA, YUGOSLAVIA. CZECHSLAVIA, EAST BERLIN A ALL INLAND POINTS Y BAKSARTEV CONSOLIDATION CO-LOADING WEEKLY FROM Singapore Port Kelang Parang UK/EUROPE: FAR EAST United Kington Ban*ok, Hang Kant Kaalun* Kaoahiung Rattardam Buaan, Manila. China BOOKINGS/ENQUIRES, PLEASE CONTACT:SMGAPORE:
      428 words
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      Page 29 Advertisements Column 2
      256 29 Consolidation Service TTTiI NEW CALEDONIA TA SIN 28/7 NOUMEA 5/9 PAPEETE 29/8 MAURITIUS REUNION ISLAND SIN 28/9, 29/7 PORT LOUIS 9/8 REUNION 11/8 FRANCE MARSEILLE 26/8 LE HAVRE 31/8 KJ TRANSTAINERS {J} delmas-vieueux WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TTA Freight Pte Ltd
      256 words
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      Page 29 Advertisements Column 3
      448 29 TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE VESSEL S PORE BANGKOK A VESSEL Also accepting cargo to KIELUNG KAOMSIUNG CHINA |via HONG KONG) P KFIANG BUSAN tl JAPAN MALAYSIA BRUNEI PORTS EUROPE USA CANADA AUSTRALIA tiii' KU LUCKY SEAWAY SERVICES PTE LTD Tlx: ***** Fax: *****77 S.E.ASIA/CHINA
      448 words
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      Page 29 Advertisements Column 4
      455 29 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' GLORY SELATAN VIII VJI SM 6/SELATAN V V-B SU WSELATAN IXV-74 22/7 HP sn 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN
      455 words
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      Page 29 Advertisements Column 5
      292 29 PTC CONTAINER LINES FCL/lCt SERVICE PIC GfrOUP 24/7 RDM/HAM/ANT/LE HAVRE/GENOA 31/7 LDN/FLX/LVP/SOU 24/7 L.A./NYC/SFO 24/7 VANCOUVER/TORONTO/MONTREAL »mfmber or Tnr press group) WEEKLY CONSOL SERVICE LCL/FCL U.S.A. (East West Coast all inland points) UK/EUROPE Continents (All Ports) ALSO ACCEPTING CARGO TO OTHER PORTS FOR BOOKINGS/ ENQUIRIES PLEASE CONTACT:MS PEGGY TAN TEL:
      292 words
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      Page 30 Advertisements Column 1
      410 30 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines). TLX RS ***** RS ***** i \si I k\ c \k i i\i k. ill) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! Yokohama 7/8 24/8 Nagoya Osaka 10/8 Senboku Moji 'Subject to cargo inducement 25/8 4 /9 2/9
      410 words
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      Page 30 Advertisements Column 2
      374 30 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMkCOWTA*® SERVICE TO S'PORE 1 RDM/A DAM HBG HULL (U.K.) TAMAITAI SAMOA VI3N 24/7 FORTHBANK V22N 3/8 IVYBANK V22N SjfS •Alio Accepting FCL to Antw*rp/Br«n« 31 It 29/8 3/9 6/9 12/10 15/10 (ASIA-SOUTH PACIFIC JOINT SERVICE) bc£& B A1!? uff
      374 words
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