The Business Times, 29 April 1987

Microfilm: NL15768
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 WEDNESDAY, APRIL 29, 1987 75 CENTS
    12 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    194 1 Exchange rates THE S$ closed weaker at S$2.1280/90 ($2.1165/75) against the US$ in quiet trading yesterday. It traded within a range of $2.1190 and $2.1300. The local unit also fell to $3.5229/66 ($3.5165/5203) against US$: 139.50/60 yen, 1.7900/10 DM, S$2.1280/90 L US$1.6600/10 M$: S$0.8600/10 Overseas markets Tuesday
    194 words
  • Article, Illustration
    SSA considering a system of peer reviews
    595 1  -  Bid to safeguard high auditing standards By ELAINE KOH A PEER REVIEW system may be introduced by the Singapore Society of Accountants in an effort to maintain auditing standards. Peer reviews practised in the US since 1977 are essentially quality control checks on
    595 words
  • Article
    Council to meet on threat of libel suit by Coopers
    324 1  -  By FOO CHOY PENG Chief Reporter THE COUNCIL of the Singapore Society of Accountants is to meet this afternoon to decide how to deal with Coopers and Lybrand's threat of a libel suit against its registrar. Coopers" chairman, Mr J
    324 words
  • Article
    Lock icon Reagan seeks to block trade reform package
    187 1 UPI AFP PRESIDENT RONALD REAGAN summoned Republican leaders to the White House yesterday to find ways of blocking a trade reform package he considers dangerous and protectionist. With the House beginning debate on the fiercely contested legislation, President Reagan made clear his particular
    UPI; AFP  -  187 words
  • Article, Illustration
    Ex-Lamipak MD to appeal against sentence
    453 1  -  By LUCY NG THE DISTRICT COURT yesterday sentenced Francis Siah, former managing director of Lamipak Industries, to nine months' jail for deceiving a bank into giving credit to the company. Siah. who pleaded guilty to the charge on Monday, is appealing against the sentence
    453 words
  • Article
    Singapore will escape cuts advocated by controversial US trade Bill
    497 1  -  By LOH HUI YIN SINGAPORE will be unaffected by a controversial US trade Bill that seeks to cut back exports of "major trading partners" enjoying "excessive" surpluses in their trade with Washington. The Republic has its free trade policy to
    497 words
  • Article, Illustration
    Late buying helps nudge prices above day's lows
    250 1 MODERATE buying interest in the late afternoon helped selected share prices on the Singapore stockmarket to finish above their day's lows yesterday. At the close, the Straits Times Industrial Index was off 1.65 points to 1,138.72 while the BT Composite Index lost
    250 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      167 1 Buy Genuine Regal Shoes from authorised dealers (or your protection FOR HOME BUYERS §Once you've found your dream home, the next thing you have to look for is a good housing loan. Look to International Bank of Singapore. At IBS, our housing loan scheme is designed to make it easier
      167 words
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      Page 1 Advertisements Column 2
      3 1 Letter, Page 10
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    • Advertisement
      Page 1 Advertisements Column 3
      358 1 St Michael's: From diapers to cheesecake SINCE ITS OPENING less than two weeks ago, the food department in the new St Michael's store has already sold out 14 of its 27 food lines. Its small frozen food section, set up as 'a punt', has done twice as well as it
      358 words
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      Page 1 Advertisements Column 4
      220 1 US Congreaa might succeed in passing protectionist trad* legislation, says Profassor Tommy Koh: FOCUS, Paga 6 Singapore swept up by trade storm: FEATURES, Page 10 Shipping lines lees gloomy about tariff: SHIPPING TIMES, Pg II ft r 4444<4|4 4| 555i 5||f5fc5555b<; "'M<StSCtfc|bU( ®ONY v What goes on at the back
      220 words
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      Page 1 Advertisements Column 5
      13 1 5i Full report, Pag* 18 Int'l Stocks, Pag* 12 Asian Stocks, Pag* 13
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  • HOME NEWS
    • Article, Illustration
      SIA shows its new flying colours
      431 2  -  An enhanced image to see airline into the next century By MARTIN SOONG A BIRD in the hand is worth two in the bush if Singapore Airlines's (SIA) new livery, unveiled yesterday, is anything to go by. The familiar stylised bird is the only
      431 words
    • Article
      Jeya's appeal dismissed
      178 2 THE COURT of Criminal Appeal yesterday dismissed an appeal by Workers' Party secretary-gen-eral J B Jeyaretnam and chairman Wong Hong Toy against two motions. They were each fined $5,000 and jailed one month when they lost their High Court appeal in November last year. At that time,
      178 words
    • Article
      Ex-consultant to form political party
      97 2 ANOTHER political party may be in the making. Former business consultant Syed Abubakar Alsagoff yesterday called a press conference at his home to announce the impending registration of the Singapore People Peace Party. He heads a group of 10, comprising "four Chinese, three Muslims, two
      97 words
    • Article
      Philips to inject $8m into automatic equipment
      367 2 PHILIPS SINGAPORE will spend $8 million on automatic equipment over the next three to four years to upgrade its machine factory in Jurong. The expenditure is part of a major plan to invest $84 million to automate and integrate, by computer, its five
      367 words
    • Article
      Shell sets price
      65 2 SHELL has introduced new wholesale prices for lower lead content petrol. Such petrol, with lead content ot 0.15 gram, is scheduled to be available at petrol stations from June 1. Its price for the lower lead content premium petrol is US 63 cents per US gallon while
      65 words
    • Article
      Corrections and clarifications
      88 2 NG TEOW YHEE's container yard is not in Jurong Port as reported in our story "Ng Teow Yhee prepares for Sesdaq listing" yesterday but in Gul Road, Jurong. In a letter sent to us by Trans-Island Bus Services published last Saturday, it was inadvertently stated under point
      88 words
    • Article
      More benefits for workers after the recession — Ong
      251 2 More benefits for workers after the recession Ong WORKERS CAN expect the labour movement to provide more social and recreation benefits when the recession is over. "When we recover fully from the recession, this area of workers' needs will be given more attention," Mr Ong Teng Cheong, the Secretary-General of
      251 words
    • Article
      EDB receives gift of CAD software
      190 2 CALIFORNIA-BASED Autodesk I no has donated 100 pieces of computer-aided design (CAD) AutoCAD software to the EDB. Autodesk was ranked by Business Week in 1986 as the best small American corporation. Mr Jim Michler, manager of Autodesk Inc USA, said that the EDB's CAD/CAM
      190 words
    • Article
      Computers to help improve SAF soldiers' aim
      115 2 SINGAPORE'S soldiers are to be given shooting lessons by six computers. The Defence Ministry has bought six American-made MK 13 Gunnery Trainers at a cost of $200,000 a unit. These computerised systems simulate firing conditions. The units arrived about two months ago. Singapore
      115 words
    • Article, Illustration
      Bumper-sticker's days may be numbered
      361 3 DRIVERS who have sometimes wished they could say a few choice words to that road hog or expressway show-oft might soon be able to if a Taiwanese motor accessory maker can get the blessings of the Registry of Vehicles. Amres Enterprise Co plans in the
      361 words
    • Article
      Singapore and Yugoslavia reach new air agreement
      288 3 SINGAPORE and Yugoslavia yesterday concluded a new air services agreement (ASA) after two days of consultations to liberalise their 1971 agreement. Unlike the old ASA, the new 'agreement allows the national carriers of both countries to carry passenger and cargo traffic between Singapore
      288 words
    • Article
      Forum examines copyright posers
      417 3  -  By WILLIAM CHIA IS THE SILICON CHIP in a computer a literary work and when can an independent parts manufacturer produce spare parts for a car without infringing copyright rules? These were two of the interesting examples of possible complications that our Copyright Act 1987 may
      417 words
    • Article
      Guide to the foundations of the real estate sector
      196 3 WITH LISTINGS from A-Z Holdings to Yat Yuen Hong, from Acumen Realty Centre to Winfield Real Estate Property, a directory of basic information on Singapore's real estate sector was released yesterday. Published by the Real Estate Developers' Association of Singapore. "Who's
      196 words
    • Article
      Resource panel formed
      77 3 THE Government Parliamentary Committee (GPC) on communications and information has appointed a 15-member resource panel, disclosed committee chairman Dr Arthur Beng yesterday. Speaking at the monthly luncheon meeting of the Singapore Booksellers' As- sociation, Dr Beng, the MP for Fengshan. said the panel would provide the committee
      77 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      169 2 fe llr> p--1 r- r 'V^ Jg II ->•y k"-Ss av.»» > tv;- $S*iiSLgs&i i MB? !i I'l Hill v v. Wi M v. I S' lM WHO'S C TEXT nI Ml i P I H |P< I* i# G THE NEW PAGER? BMK gg < -•%>t sfr/ *>.VS*Ss®?s jg®^wr4
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      116 3 To excel you need the right environment mm OUB Centre One Raffles Place Joint Leasing Agent: m OUB CENTRE LIMITED I Raffles Place, OUB Centre. *04-02 Singapore 0104 Telex RS ***** MANOTEL. Singapore Tel*|rtM>iie: 532 2577 R Knight Rrank Cheong Hock Chye Baillieu 101 Cecil Slreel, #14-01 Tong Eng Building.
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    • Advertisement
      Page 3 Advertisements Column 2
      246 3 Flying with children could keep you awake all night! n\ 11 < a •9 m. L; Ml' J j > i. y v- 7 > V i j <•? > a v -as 1 v •> ..Sit />" ,*r t. ,1 y <f\ v. v s (f 4' <7 *i
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  • OVERSEAS
    • Article
      Lock icon Newly industrialising nations criticised
      402 4 Reuter A SENIOR US Treasury official, warning that the world trade system was in jeopardy, yesterday attacked Asia's newly developed nations for not doing enough to cut their trade surpluses with America. In a speech to the Asian Development Bank (ADB), senior deputy assistant secretary Charles
      Reuter  -  402 words
    • Article
      Lock icon Hanoi invites ADB economic survey mission
      331 4 Reuter VIETNAM has asked the Asian Development Bank (ADB) to send an economic survey mission to the country in a bid to end an eight-year deadlock in relations. Le Van Chau, director of the foreign department of the State Bank of Vietnam, said in
      Reuter  -  331 words
    • Article
      Lock icon Seoul runs up bigger trade surpluses with US and EC
      277 4 AP SOUTH KOREA'S trade surpluses with the US and the European Community grew in the first quarter of this year to US$l.B3 billion and US$44l million respectively. said the government yesterday. The Trade and Industry Ministry in Seoul said preliminary
      AP  -  277 words
    • Article
      Lock icon China to draft press laws
      148 4 AP CHINA is drafting new laws governing publishing and the press, according to the head of an office to control the mass media. The China News Agency, in an official report appearing in the pro-Beijing Wen Wei Po newspaper on Monday, said authorities were preparing
      AP  -  148 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      841 4 ARRIVALS Operator Sorvic* Local From numbor ttm* OA UA805 0045 SFO/HKG SIA SQ41 0615 MAA MAS MH68) 0820 KUL SU SQ47 0840 DEL KAL KE624 0840 KUL MAS MH811 0910 KN MAS MH671 0920 KUL SIA SQ103 0950 KUL CPA CX710 1015 CGK MAS MH603 1020 KUL
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      324 4 See Page 6 </v/ A J x V, /i l\% V y y. y </ < '/a y, V r v F, i r y 0 X ft fc U s A —C 7) r i '1' -y.'' ,i- V/ s /c V '/,>///<■ V r s y v <
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    • Advertisement
      Page 4 Advertisements Column 2
      196 4 m/m; T| X T The business person's choce. Lyf 11% /1 Ly every Tuesday, Saturday and I jl II \j I I 1 Sunday. Leaving Changi Airport at I vy_/l V JLL 22.05 hours and arriving Bombay at 00:30 hours. Call your Travel Agent or Air Canoda at *****55. Effective
      196 words
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      130 5 BBSI 0 Eg Rj IMteDfW«T*E UNE PTCHMMMCT ■wet Me*****"* t£oMh °^^TJXr toq-F/W&. zpo> WP PPAPH* 65 'V 0 i M .•■.jr. w #6#? K i v\\ >v M'' \r %<■ *i m j* TTTTWt r^-rr ■„■>■*«»■»> I *J m££ r£z.&sm ma £~2£ SS3£l-3£±_-2Jt J^SC O ISR 3ysK%iv; Sf. tt feeu^b
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  • FOCUS
    • Article, Illustration
      Koh — there's real danger of protectionist US law
      465 6 Koh there's real danger of protectionist US law In the shrill orchestra of today's world trade, the theme is contention; the variations are on the notion of 'unfair practices'. As the notes get increasingly discordant, the stories on this page attempt a review of what the orchestra sounds like, and
      465 words
    • Article
      Tariff expected to hasten shift to Singapore
      367 6  -  By BOEY KIT YIN JAPANESE COMPANIES are expected to accelerate the transfer of production to Singapore following a move by the US to impose a 100 per cent tariff on imports of four groups of Ja-pan-made items. A Singapore government official has confirmed
      367 words
    • Article
      Lock icon Europe acts to reduce deficit with Japan
      351 6 FT EUROPEAN COMMUNITY member states are gearing themselves up for a whole range of possible new measures to reduce their soaring trade deficit with Japan, or prevent its further deterioration. Mr Willy de Clercq, the European Commissioner responsible for external trade, spelt out
      FT  -  351 words
    • Article
      Lock icon Japan, US propose dropping tariffs
      231 6 Reuter JAPAN, facing trade sanctions from the US and the European Community, had proposed eliminating tariffs on industrial products, trade delegates in Geneva said. In another development, the US had suggested that Gatt member nations swap concessions on dropping certain industrial tariffs, the sources said.
      Reuter  -  231 words
    • Article
      Getting hooked on protectionism
      390 6  -  From J STEVE USDIN PROTECTION for an industry is like a narcotic, says Singapore's Ambassador to the US. Mr Tommy Koh. "The American textile industry is addicted to protection, and like an addict, it must crave for more." Mr Koh was speaking at a debate sponsored
      390 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      220 6 If fate is cruel tOWU ManuLife believes in being kind You're doing well. But life is uncertain. What if you become disabled and cannot continue working? A fate worse than death some believe. Not so with ManuLife's unique new Disability Insurance plan. Designed to help you survive the cruel twists
      220 words
    • Advertisement
      Page 6 Advertisements Column 2
      182 6 Singapore swap* up by trad* storm, Paga 10 Computers and Communications NEC APCIV dearly offers you distinct advantages unrivalled by other ATcompatibles. Powerful Compatibility with all industry-standard software. Exceptional Color Graphics Resolution with the multi-sync monitor. Superior Memory And Data Storage. Exceptional Reliability and Speed selectable at 6MHz or BMHz.
      182 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      64 6 Doonesbury YEAH, I JUST THINK MAKING THESE DECISIONS IS HARP. i THERE*NOONS 70 1 PfSOmiHEMMTH. HOW ABOUT YOUR FOLKS? NOWAY. ARE YOU SURE* HA£ YOU THETUVE ANP YOUR MRENIS EVER IN A SATPOWNTOPTSCUSS DREAM SEXUAL RESPONSIBILITY* WORLP! BY GARRY TRUDEAU WELL. YEAH. ONCE. WHEN I WA(S ABOUT M. MAYBE YOU
      64 words
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  • INITIAL TIMES
    • Article, Illustration
      Expanding range of services to meet market needs
      904 7 Merger of Initial Services Singapore and Exclusive Environmental Services THE LARGEST environmental care company in Singapore. Initial Services, is set to expand its operations and increase its profitability in the current financial year following the recent merger with Exclusive Environmental Services. For
      904 words
    • Article
      Singapore to play key regional role
      382 7 A BRITISH specialist environmental and hygiene service company, Initial pic, intends to establish its regional office in Singapore to spearhead its expansion in this part of the world. "It's a logical choice for us," said Michael Grice, regional director of Brengreen (Holdings) pic, which
      382 words
    • Article, Illustration
      Cleaning up a growth business
      687 7 CLEANING UP offices and buildings is big business in Singapore worth an estimated $120 million annually. This figure is likely to rise further with the growth of the economy and the growing affluence of the people. "As people become more affluent. fewer will want to
      687 words
    • Article, Illustration
      New linen service to help hospitals cut costs
      341 7 A NEW SERVICE to be launched by Initial Services in Singapore may very well help hospitals to provide an even higher standard of health care to their patients. The linen management service, which will supply linen to both private and public hospitals,
      341 words
    • Article
      Initial Services plans to introduce uniform rental
      266 7 SPENDING more time doing the company's laundry than making money for the business? Bogged down by administrative work and costs? Initial Services will soon be able to help you when it introduces a new garment rental service called Uniform Service Programme later this
      266 words
    • Article
      Case for privatisation of public cleansing?
      669 8 THE PRIVATISATION of public cleansing here is a viable alternative for government to consider in optimising its resources, according to a leading international environmental care company, Initial Services Pte Ltd. The element of competition in the private sector goes a long way to help
      669 words
    • Article, Illustration
      Association to raise industry standards
      551 8 BOTH are imbued with a sense of fairplay. They were competitors until April 1. Now they are working as a team to forge together the best environmental care company to help keep Singapore sparkling clean. This is their ambition to be the best in their
      551 words
    • Article
      The way towards cleaner washrooms
      270 8 IN THE MODERN WORLD where we live in today, it is sad but true that most washrooms in offices. entertainment and shopping complexes are not as clean and hygenic as they should be. Giving reasons for this. Teo Eng Guan, chairman of Initial Services, said:
      270 words
    • Article
      Portaloo — the convenient answer to nature's calls
      359 8 Portaloo the convenient answer to nature's calls PORTALOO, the portable toilet division of Initial Services, has the ideal answer for clean and convenient toilet facilities when nature calls at inconvenient places. The essence of portable toilets is to provide this convenience as and when and where necessary. It can be
      359 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      754 8 INITIAL SERVICES Pte Ltd has put together a successful team of senior management staff: Teo Eng Guan was appointed chairman of the Initial Services group in Singapore in 1965. An accountant by profession, Mr Teo also has considerable experience in commerce, publishing and insurance underwriting. Mr Teo,
      754 words
    • Article
      Capitalising on strength in services
      946 8 ANY COMPANY that chose the name BET in 1985 might seem an inexperienced victim of a fast-talking corporate image maker. (You can almost hear the ad man mulling over the slogan, "a good BET, a better BET, the best BET"). Though BET did choose its
      946 words
    • Article
      The company's most valuable and highly-prized asset
      300 8 ASK Initial Services chairman Teo Eng Guan for his company's most important and valuable asset and the answer you are most likely to get is: "People". This is hardly surprising when you stop to consider the nature and size of the operations of
      300 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      19 7 THE jS TfTTAI mm HYGIENE SERVICE SYSTEM your pests permanently DYNASTY DYNASTY Fumigation Pest Control art Inttial Services company
      19 words
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      Page 7 Advertisements Column 2
      117 7 The privatisation of public cleansing is a viable alternative. Initial Services explains the benefits and discusses the role played by environmental care companies. The Environmental Management Association of Singapore, which seeks to help keep Singapore sparkling clean, aims to raise the standards of the industry in the Republic. The ideal
      117 words
    • Advertisement
      Page 7 Advertisements Column 3
      23 7 THE K TOTAL CLEANING MAINTENANCE SYSTEM Cleaning witlvcare is our business Commercial Cleaning Industrial Cleaning Specialist Cleaning mK TOTAI '"™al CLEANING MAINTENANCE SYSTEM
      23 words
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  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      33 8 >: Cil Wfi M flf* mm r fh. m Initial Floorcare Service Wipes out dust and dirt at your doorstep... >pp -a i VWSHROOM HYGIENE SYSTEM 1 Before it stacks up your maintenance bills
      33 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      St Michael's makes a statement
      731 9  -  By MONICA GWEE FOR 60 CENTS, you can try as many biscuits as you want at the little snack shop on the first floor of the St Michael's shop; it was a way of introducing the different varieties. Since the store opened less than two
      731 words
    • Article, Illustration
      Hennessy repackages its cognac in a new bottle
      313 9 HENNESSY revealed its new red outer packaging and a new bottle (or Hennessy VSOP at a trade launch last week. The new bottle will be used internationally and the "old" VSOP bottle will be phased out. Mr Gilles Hennessy, marketing director of
      313 words
    • COPY LINES
      • Article
        CAM wins two more accounts
        126 9 CAM ASSOCIATES has won two new businesses Banque Indosuez and Toshiba Home Appliances. The Banque Indosuez account was won after a pitch with Angie Mui Ayer, Quantum and Almarh Ad. The bank's previous agency, Gordon Maximus, did not re-pitch. Toshiba Home Appliances was a two-way
        126 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      130 9 OLYMPIC'S COMFORT m F t I mgm m m A WISE CHOICE The fastest from Singapore to Athens, Olympic offers you extra-spacious 42-inch seats plus all the trimmings and privileges of first class travel on its Olympian Class. All for just the price of a full economy ticket. For enquiries
      130 words
    • Advertisement
      Page 9 Advertisements Column 2
      225 9 Watch out for the grand opening of our Orchard Branch on May 11,1987. j i^lv mtwm Wi mmr- W» 1 r V Orchard Bo J* CUA** X# 1 Our New Home 6-B Orange Grove Road KEVIN HOUSE Moving towards more convenience, comfort and service in BofA banking kUiUiliyiiMl Access to
      225 words
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  • FEATURES
    • Article
      Banking on service
      504 10 SHARING usually means having less. The proposed sharing of automated teller machines by the Big Four local banks and the Post Office Savings Bank, however, has to be an exception. Singapore is a small country. With nearly 700 ATMs scattered all over the island and the numbers
      504 words
    • Article
      Singapore swept up by trade storm
      1435 10  -  A trade war between the US and Japan would not be good for Asia's developing countries. As it is, the US, in pressing for more market-opening measures from Japan, has created several major problems for computer makers in Singapore. BOEY KIT YIN reports. BOEY
      1,435 words
    • Article
      Kudos for SSA inquiry
      517 10  -  Letter to the Editor TAY MAY LENG DEAR SIR Please allow me to make a few comments and observations on the controversy surrounding the inquiry commissioned by the SSA into the accounts of Pan-Electric Industries. 1. As a member of the public and a small shareholder
      517 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      126 10 Comfort and elegance far men and women Comfort. Styling. Elegance Quality. For people who really care about their eyes there is only one choice Carl Zeiss. Technically perfect, precisionground, Zeiss lenses made in West Germany, provide exceptional optical purity with minimum colour dispersion. And they weigh next to nothing. m
      126 words
    • Advertisement
      Page 10 Advertisements Column 2
      132 10 Bristow is on Page 15 Pearlcorder MICROCASSGTT6 SYSTEM 2000 mm How to automate your office with one hand Introducing a dramatic new way to look at dictation: the Pearlcorder Microcassette System 2000. The ultra-compact hand-held recorder lets you compose documents anywhere. The dictation transcriber features a visual display that lets
      132 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      798 10 i CRYPTIC PUZZLE ACROSS 1 Not only from tea may it ris«! (5) 6 Seasider s dramatic utterance (5) 9 The girl you've spent most on? (7) 10 A bitter answer (5) 11 A repair done locally (5) 12 Welshman, perhaps, who almost gave in (5) 13 Like the shortest
      798 words
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  • SPORTS
    • Article, Illustration
      Walsh-Pete pays the price for success
      588 11  -  Long runs in recent tournaments take their toll on seventh seed By WALTON MORAIS SEVENTH SEED Sharon WalshPete paid the price for success with defeat in the first round of the Carlsberg Singapore Women's Open tennis championship yesterday. The 35-year-old American suffered from the
      588 words
    • Article
      Lock icon Ballesteros gets top seed
      98 11 AP SEVE BALLESTEROS of Spain was given the top seed and a tough draw on Monday for the Epsom Grand Prix of Europe match-play golf tournament. Ballesteros could face at least five veterans of Europe's Ryder Cup teams in his half of the field in the
      AP  -  98 words
    • Article
      Singapore makes it to Dunhili Cup round
      315 11 VETERAN Lim Swe Chew sank an eight-foot putt for par in sud-den-death play to lead Singapore into the Ounhill Cup Pacific Zone golf championship in yesterday's pre-qualifying competition at the Royal Selangor Golf Club. The 39-year-old first carded a 68 to help Singapore
      315 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      152 11 arlsberfci beet Probably the best beer in the worid You our probably rurnitun ibly value tureand lighting even more highly than we do. Once you've found the perfect piece of furniture or lighting and it's not easy you value it ven highly indeed. It complements your home, compliments your taste
      152 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1146 11 TOmoaQoa EXECUTIVE STRESS 9pm, Channel 12 The pros of this new comedy series based on the famous yuppy illness are Penelope Keith and Geoffrey Palmer (right), established British performers. The cons are that the series isn't very funny, at least not judging by the first episode. Keith and Palmer play
      1,146 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Iacocca expects deal with AMC very soon
      306 12 Reuter CHRYSLER CORP chairman Lee lacocca says he is optimistic that Chrysler will have a definitive agreement to buy American Motors Corp soon. Mr lacocca said after Chrysler released lower first quarter earnings on Monday that the US$l.5 billion American Motors deal was
      Reuter  -  306 words
    • Article
      Lock icon IBM chairman optimistic about prospects
      173 12 Reuter INTERNATIONAL Business Machines Corp expects its new products and costcutting measures to have an increasingly positive impact as 1987 proceeds. Chairman John Akers repeated his assessment of the American company's outlook when first-quarter results were announced last week that "although the worldwide economic situation
      Reuter  -  173 words
    • Article
      Lock icon Volume up but Dow slips 4.83 points
      412 12 Reuter WALL STREET stocks closed slightly lower on Monday after yet another very nervous and very active session dominated by intense focus on the dollar and speculation of what will come next in the form of interest rates and inflation. The Dow Jones
      Reuter  -  412 words
    • Article
      Toronto
      129 12 AM 27 Abitibi C 34% -1 Inco lot Prov Pipa 20% 46% 24 -1 Alcan Alum 53% 23% -1% Algoma Stt 17 14 -14 Bank Nova Scotia 18% unch McMil Bldl 25% Bank Of Montreal 34% 24 ♦54 Ball Canada 4114 31 41% 28 -1 Brascan CI A 34%
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    • Article
      Johannesburg
      206 12 AM 27 RANO INDUSTRIALS Tongaat Truat Bk Un Staal Wooltru 1166 210 83 1775 -10 -6 3 unch A Alpha Abarcom Aao 1625 340 1900 -25 unch unch unch unch MM Angloa NNQS 7925 125 AMIC 6500 Angvaal *****6 2775 500 75 Barlow* 2500 -25 7750 75 C G
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    • Article
      New York
      652 12 AM 27 US S Alcan Alumin Alcoa Allag Intl Alliad Sig Alli»-Chalm«r» Am Brands inc Am Can Co Am Cyanamid Am Elac Pwr Am Expraaa Am Ho ma Prod Am Motor* Cp Amax Inc 40 46% 22* 43* 2ft 43* ...41% 88* 26* 65* 64* 4* 20* unch
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    • Article
      European markets
      807 12 Amsterdam AM J7 FU ABN SOI 00 88 SO -1 5 Ahotd 106 SO Akzo 133 40 -42 Alranta 146 10 0 1 AMEV 61 70 -2 2 Amro Bank 75 60 -23 As* Sua 127 50 B«rk#l 18 30 -0 5 BOLS 149 00 -3 5 Boraumii
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    • Article
      Lock icon C Itoh to buy Cray computer
      61 12 Reuter C Itoh and Co Ltd has agreed to buy a Cray Research Inc X-MP supercomputer worth US$B.3 million. The computer will be paid for and used by the Century Research Center, a research body specialising in civil engineering, in which C Itoh has
      Reuter  -  61 words
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      Page 12 Advertisements Column 1
      518 12 1 V- W* J > w V, PS r r* >•. D *s. ir.fi All YOU WANT X t ITS <" <6* $12 per person Lunch: 12 Hid 181. Kitchener Road, Singapore 0820. Tel: *****22 Just some of the reasons why you should try the Royal Table Barbeque Buffet 1.
      518 words
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      Page 12 Advertisements Column 2
      162 12 London stocks on Pago 19 That's how we count at The Lounge during our Happy Hours from 5 pm to 7 pm daily. When a guest has had two similar drinks the third is free And every night at 8 pm except Sundays. The Melody Band from the Philippines entertains
      162 words
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  • ASIAN STOCKS
    • Article
      Hongkong
      376 13 HONGKONG: Stocks closed weak yesterday but were off the day's low thanks to bargain-hunting by small investors, which emerged in late morning trading, brokers said. The Hang Seng Index lost 19.39 points to 2,617.08 and the Hong Kong Index was off 13.17 at 1,683.33. Trading was fairly active on
      376 words
    • Article
      Taipei
      262 13 APR 28 All Sincere Indus Asia Cement Cathay Cons MT 429 47 80 56 50 -0 22 -0.2 -2 Kolin Kuochan Oev Lee Chang Yuen Cham Indus Lien Hwa Indus Nan Ya Plas 32 70 38 20 42 00 28 00 54 50 -1.3 -08 -1.3 -06 •2 Chang
      262 words
    • Article
      Tokyo
      442 13 TOKYO: Prices closed down yesterday but well up on lows hit in panic selling in the morning, as bargain hunters entered the market and a calmer mood prevailed. The market average lost 182.55 points to 22,889.86 after dropping by as much as 1,066.90 in late morning. Declines led advances
      442 words
    • Article
      Manila
      80 13 Am 78 Acoie Mining pesos 1Marcopper... Martteei Oriental B Ptlll OvSfSMS 0 94 0 03 0 0550 -0 04 0001 Apex Mining B Atlas Con. B 0.07 27.50 -0 0025 -05 Pttflex B Picop B PLOT 052 405 -001 -75 141 Basic Petroleum 0014 unch 002 Benguet Con. B
      80 words
    • Article
      Sydney
      459 13 SYDNEY: Australian share markets plunged from record levels yesterday as a sharp fall in gold and silver prices overnight led to widespread selling. The fall of 50.6 in the All Ordinaries Index to 1,749.3 was the largest-ever drop in local trading in numerical terms, a stock exchange spokesman said.
      459 words
    • Article
      Seoul
      106 13 Kai 1200 ■9 ***** -290 3120 -40 Kla Motor 1506 •20 ***** 500 •10 Koton ind 3750 unch D—woo Corp 987 Korsa Long Tarm Lucky Ltd 2136 1326 5 -2 Da whin Stcu nttm 3600 -90 -220 -320 Ortantai Brawary Ortantsl Cham ***** 2S200 70 •300 Dong Suh Slock
      106 words
    • Article
      Bangkok
      153 13 BANGKOK: The Stock Exchange of Thailand Index was down 0.78 to 247.52 on a turnover of 951,793 shares worth 215.2 million baht. Reuter AMI •AMT Poat Putottahing 192 2 Saha Union 212 -t-2 Ao Kh«m Thai 194 -4 Siam Camant 965 -6 Ayudhya Invaatman I 294 -4 Siam City
      153 words
    • Article
      Lock icon Integrated sets up two HK units
      58 13 Reuter US-BASED INSURANCE and investment broker Integrated Resources Inc has set up two subsidiaries in Hongkong. According to a company statement, Integrated Resources Insurance and Investment Services Ltd will focus on insurance marketing and Integrated Resources (HK) Ltd on stock broking. The statement gave
      Reuter  -  58 words
    • Article
      Lock icon Chinese industry labouring under inefficiency — survey
      520 13 Chinese industry labouring under inefficiency survey Profits are on the decline AP A MAJOR SURVEY of Chinas large- and medium-sized industries has found them lacking in educated leaders, loaded down with ageing equipment, plagued by inefficiency and suffering from declining profits. The nationwide survey, announced in Beijing on Monday, said
      AP  -  520 words
    • Article
      Lock icon Pepsi project gets rival lobbies in Indian parliament
      244 13 AFP RIVAL LOBBIES in the Indian parliament are campaigning for and against a project by the US soft drink manufacturer Pepsico Inc to introduce Pepsi Cola into the expanding Indian market, the Industry Minister said on Monday. Minister J Vengal Rao told
      AFP  -  244 words
    • Article
      Lock icon HK Resort to make 212 million share offering
      148 13 Reuter HONG KONG Resort Co Ltd is seeking a share listing in Hongkong through a public offer of about 25 per cent of its expanded capital, or 212.95 million new shares of 25 HK cents each, at HK$l.2B a share. The firm
      Reuter  -  148 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      625 13 Mm to wlm, mA Paramount HotefWhfw th« happy plop* 9° W 3L ie& COCKTML LOUNGE Experience a new and refreshing concept in cocktail lounge entertainment" Experience The Gazebo The frontispiece of Paramount Hotel, away from all the husde and bustle A free flowing garden terrace in subtle shades of grey
      625 words
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      Page 13 Advertisements Column 2
      152 13 BUFFET LUNCH Now serving DRUNKEN PRAWNS P«r person $9.00++ Child Includes Peking Duck, Drunken Prawns, Roast beef on Wagon, spicy Nonya specialties and lots of other exciting varieties. Buffet Hours: 12 noon 2.30pm Frmm cotf— or (m tor Buttwt Lunch from now till 30/4/87 All patron* are entitled to a
      152 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Official moots idea of a currency buffer stock
      340 14 Reuter A SENIOR OFFICIAL of the Japanese Finance Ministry has raised the possibility of eventually establishing a buffer stock to help stabilise currencies, along the lines of those already set up for some commodities. The official emphasised that the idea was still
      Reuter  -  340 words
    • Article
      Lock icon Poehl to remain Bundesbank president
      167 14 Reuter CHANCELLOR Helmut Kohl has decided to keep Bundesbank president Karl Otto Poehl in office for a further eight years, the news magazine Der Spiegel said on Monday. Government officials were not immediately available to comment on the report, which said that because Mr Poehl
      Reuter  -  167 words
    • Article
      Lock icon German money growth shows signs of slowing
      376 14 Reuter CENTRAL BANK money stock was growing at about 7 per cent in the first quarter of 1987, down from 9% per cent in the second half of 1986, so there are signs that the pace of growth is slowing even though it
      Reuter  -  376 words
    • Article
      Asian dollar market
      298 14 ASIAN DOLLAR deposit rates closed steady yesterday at opening levels with trading quiet in the afternoon. Short-dates firmed between 1/16 and 1/8 point at the outset reflecting a higher US federal funds rate. Thereafter rates were little changed. Overnight closed at 69/16 6-7/16 per cent and week-fixed
      298 words
    • Article
      Forex markets
      936 14 SINGAPORE: The US dollar closed mixed yesterday against major currencies after its early rise was erased in thin late trading on European selling. Dealers said that the dollar firmed at around midday and in early afternoon trading on short covering by Tokyo operators due to position adjustments after
      936 words
    • Article
      Simex/IMM
      621 14 AFTER a slight setback at the opening, June Eurodollar rebounded from the low of 92.61 to reach a high of 92.68 in Singapore yesterday. The strength of the dollar and the sharp drop in metal prices which eased inflationary concerns prompted short covering activity. Prices, however, slipped to close
      621 words
    • Article
      Foreign Exchange
      213 14 Interbank rates at 3pm yesterday: CwrtMtii NMM ram SHMIBMIMI ■M OSv Local doNors to < *rm unit of i foroign currency: US dolor 2.1280 2.1290 ***** -2453 S*»<*»g pound 3.5229 3.5266 7.3469 -5105 AuftroAan dolor 1.5023 1-5041 X4286 -56.18 NZ dolor 1.2384 1.2412 3.4286 -6388 Canodlan dolor 1-5892
      213 words
    • Article, Illustration
      World interest rates
      170 14 Indicates Dm ivtrtQt of thm prim* landing rate* ot 12 major banks in S'pore Interbank market ratee (offer/bid) on April 28 us$ DM SWFC Y«n 7 4mr* if l/a 10 1/4— 1/» J 7f J/« '/>— </•« S J/1* 1/1* 1 <■* 7/i J/4 IJ/U— 1 J/16
      170 words
    • Article
      Money markets
      104 14 THE OVERNIGHT rate on the Singapore interbank market closed two points higher at 5 per cent yesterday. The term rates were unchanged across the board. S$ Interbank rates at 7pm yesterday: Offer Md Ow. r**> 5 4 3/4 1-M* 3 3/4 3 S/» 2-mar*. 3 3/4 3 J/«
      104 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      419 14 INCHCAPE BERHAD (Incorporated in the Republic of Singapore) The audited results for the year ended 31st December 1986 and the previous year are summarised below:GROUP COMPANY Percentage not meaningful Annual General Meeting and Share Register The Twentieth Annual General Meeting of the shareholders of Inchcape Berhad will be held at
      419 words
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      Page 14 Advertisements Column 2
      105 14 SB 0 Sr S&SSv ullmcM w rM^joflaulanl f. i Popular Hong Kong Dishes plus other local selections Seafood steamboat as of today Airflown 'Sultan Fish' from Pahang B Complimentary 1 pint Napolean XO for $140 set menu Complimentary 1 quart Napolean XO for 5350 set menu Steamed-to-order Hong Kong dian
      105 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon ADB under attack by rich and poor nations
      449 15 Reuter THE ASIAN Development Bank found itself caught in a crossfire between rich aid donors like the US and poorer borrowers as delegates from 46 countries met in Osaka yesterday at the bank's annual meeting. "The bank is now at a crossroads,"
      Reuter  -  449 words
    • Article
      Lock icon China to hold 1989 meeting
      153 15 Reuter THE 22ND annual meeting of the Asian Development Bank (ADB) will be held in Beijing in 1989. A senior bank official said on Monday that it will be the first major international financial meeting to be held in China, which was admitted as the
      Reuter  -  153 words
    • Article
      Lock icon Washington, Tokyo at odds over power in ADB
      395 15 Reuter THE US and Japan are waging a behind the scenes battle at this week's Asian Development Bank meeting over Tokyo's attempts to get a greater say in the organisation. Washington is opposing the Japanese effort because it would mean the end
      Reuter  -  395 words
    • Article, Illustration
      Lock icon Soviets plan sweeping reforms
      637 15 AFP THE SOVIET UNION had been considering sweeping changes to its banking system and had already approved guidelines to dismantle the nation's biggest bank, a senior Soviet banker said in Japan yesterday. Mr Yuri Ponomarev, managing director of the international division of the State Bank of
      AFP  -  637 words
    • Article
      Commercial banks raise credit limits
      120 15 COMMERCIAL BANKS raised their total credit limits to non-bank customers by $218 million to $58.1 billion in February, the first increase in five months. The Monetary Authority of Singapore, in its March issue of the Monthly Statistical Bulletin, said total loans disbursed to nonbank customers
      120 words
    • Article
      Lock icon Japan seen as a new banking powerhouse
      424 15 Study shows lending to Third World slowing down Reuter JAPAN EMERGED as a new international banking powerhouse in 1986, where creation of an "offshore" market led to a boom for Japanese banks, according to a study published in Basle on Monday. The Bank
      Reuter  -  424 words
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      Page 15 Advertisements Column 1
      308 15 BEDFORD BERHAD (Incorporated in Malaysia) REGISTERED OFFICE: CHARTERED BANK CHAMBERS, BEACH STREET, ***** PENANG. NOTICE OF MEETING NOTICE IS HEREBY GIVEN THAT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY. WILL BE HELD AT THE REGISTERED OFFICE OF THE COMPANY. CHARTERED BANK CHAMBERS, BEACH STREET, ***** PENANG, ON MAY 14, 1987
      308 words
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      Page 15 Advertisements Column 2
      457 15 INO0 HtS.A -"AYS.A GktSct. A n, LIMITED (Incdrporated in Singapore) Announcement RESULTS FOR THE SIX MONTHS ENDED 31ST JANUARY, 1987 The Directors are pleased to announce the unaudited results of the Group and the Company for the six months ended 31st January, 1987. Turnover Group 1987 1986 $'000 $'000 132,274
      457 words
  • Page 15 Miscellaneous
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  • COMMODITIES
    • Article
      Lock icon Exxon chief sees fall in new oil discoveries
      442 16 Reuter AS THE SEARCH for new oil and gas discoveries becomes a tougher job, the world will have to turn to new technology and synthetic projects to satisfy its energy needs, says the chairman of Exxon Corp. L G Rawl told the
      Reuter  -  442 words
    • Article
      Palm Oil
      472 16 Cruel* palm oil futuraa finished lower on the Kuala Lumpur Commodity Exchange in active trading yesterday. Dealers said that selling pressure caused prices to tumble after holding mixed on Monday. The cash market was easier. The drop in fresh overseas offtake also weakened prices. Prices on the Chicago
      472 words
    • Article
      Oil and Products
      74 16 MIDDLE distillates continued to firm on good demand. Fuel oil also edged up. Naphtha and kerosene remained generally inactively traded. Crude (FOB origin) US$/borr«l Dubai (Jim) 16.93 WM Tua Change +ao3 WI1 (JWM) 11.83 +aio Products (FOB S pore) US$/borr«l Oong* (mm 30.13 +0.10 COM* 20 95
      74 words
    • Article
      Wheat
      77 16 WHEAT FUTURES on the Chicago Board of Trade closed mostly lower on Monday, from one US cent a bushel lower to one higher, with spot May up one at US$2.BO. The market fell largely because silver futures tumbled after several days of buoyant prices, traders said. Corn futures closed
      77 words
    • Article
      Soybean
      75 16 SOYBEAN FUTURES on the Chicago Board closed from 7-1/4 to 2-1/2 US cents a bushel lower on Monday. Spot May closed at US$5.l9-1/4. Soymeal futures closed US$O 90 to US$3.5O a tonne lower, while soyoil prices finished 0.04 to 0.09 cent a lb lower. Spot May soymeal closed off
      75 words
    • Article
      London Markets
      333 16 London Commodity Exchange 6uyer/S*ll«r dosing prices on April 27 (£/tonne unt ess specified) Previous closing prices In parenthesis Coffee bash in-ttore London, sellers option Clf London May 1372/1379 (1355/1360) High/Low 1385/1356 July 1395/1397 (1380/1385) High/Low 1411/1381 Sales (5537 Cocoa May 1275/1276 High/Low (1286/1287) 1286/1275 July 1312/1313 High/Low (1320/1321)
      333 words
    • Article
      Lock icon 'Soybeans effective at extracting cadmium'
      147 16 Reuter EFFECTIVE EXTRACTION of the highly toxic heavy metal cadmium from soil may at last be feasible using soybean plants, research in the Netherlands by a Belgian-based environment group shows. Cadmium, which is naturally drawn up by plants and passed on to consumers, has been
      Reuter  -  147 words
    • Article
      Lock icon US to mark out oil exploration areas
      318 16 NYT THE US Interior Department announced on Monday its final five-year plan for opening millions of hectares of the outer continental shelf to oil and gas exploration. The plan includes much of the vigorously disputed waters off the California coast as well as
      NYT  -  318 words
    • Article
      Lock icon Pakistan may face tea shortages, say traders
      321 16 Reuter PAKISTAN might face a tea shortage following a disruption in imports, said tea traders in Karachi yesterday. They said the Pakistani government had not issued tea import licences since March 29. putting out instead a circular on March 30 saying licences for
      Reuter  -  321 words
    • Article
      Precious Metals
      334 16 HONGKONG: Gold yesterday closed near its high and sharply above its final New York level on strong speculative demand from local and overseas interests It gained strength from the opening after its sharp sell-off in the US on Monday. where it lost US$l9 per ounce, triggered by a
      334 words
    • Article
      Rubber
      158 16 SINGAPORE The market closed easier yesterday with May 1 RSS buyers quoted at 205 00 cents/kilo, down 2.50 cents from Monday. May and June TSR-20 closed at 170.00 cents/kilo, both up 1.50 cents. MALAYSIA The market closed unchanged at 233.00 cents per kilo for May Int ones RSS buyers.
      158 words
    • Article
      RAS and MRELB
      301 16 R AS prices in S cont*/kg, fob In bai« NOON CLOSE Buyers Sollors Buyers Sellers Irrf 1 RSS Prompt 207-50 208.50N 206.50 207JON Int 1 RSS Moy 87 206.00 207.00 205.00 206.00 Int 1 RSS Jun 200.50 201 JO 119 JO 200.00 Int 2 RSS OP 189.00
      301 words
    • Article
      SSR and SMR
      76 16 (e«nfi/kg, 1 -Ion pollen) MAY 87 JUNE 87 (current month) (forward month) NOON NOON RAS Swy«f» S»II*M ftuy»ri S*tl*n SSR 20 177 00 179.00N 177.00 179.00N SSR SO 176.00 177.00N 176.00 177.00N MRELB Iwyan S*ll*n buyn SalWa SMR cv 242.00 244.00N 243.00 245.00N SMR I 241.00 243.00N
      76 words
    • Article
      Produce Prices
      279 16 Chinese Produce Exchange Sollori noon ciosir>£ pficti on April 28 (S$/!00 kg) Coconut oil Bulk FOB 88.00 Otd drum FOB 98.00 New drum FOB 102.00 Copra Mixed (loose) 50 sellers Pepper Muntok whit* FOB NLW 1170.00 Sorawak white FOB foq NLW 1155.00 Sarawak spedai black FOB NtW 935.00
      279 words
    • Article
      KL Tin
      90 16 THE KUALA LUMPUR tin market price roee two cents from Monday'* doe* to M 516.64 per kilo y*st*rd*y on r*n*w*d support. Buying was particularly brisk from Jspan*s* traders, aided by th* yen's strength against the dollar, while scattered demand waa seen from European and local interests. At the
      90 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      593 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SENTOSA SHIPPING (PTE) LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of the above named company duly convened and held at 79 Robinson Road 27-00, CPF Building, Singapore 0106 on
      593 words
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      Page 16 Advertisements Column 2
      462 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF MUN YEW LEE TRADING (PTE.) LTD. (Incorporated in Singapore) (In Voluntary Liquidation) At an Extraordinary General Meeting of Man Tew Lee Trading (Pte.) Ltd. duly convened and held at 100 En Tong Sen Street, #04-16, Pearls
      462 words
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      Page 16 Advertisements Column 3
      148 16 COLOUR LAP The Professional Service Lab since 1964 Special enlargement service: MRT posters Display lightboxes for pedestrian malls shopping complexes Exhibitions (up to 20') Special Otferl Poster prints (20" x 30") from your favourite 35mm negative. Usual: $3600. Special: $2500 Limited period only! Other Services: E6 processing Ektachrome, Fujichrome. Agfachrome.
      148 words
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  • SHARE INFORMATION
    • Article, Illustration
      Market edges lower in fairly active trading
      4313 17 IN THE ABSENCE of fresh factors, share prices on the Singapore stock market drifted marginally lower in fairly active trading yesterday. Stockbrokers noted widespread profit-taking in both Singapore blue chips and Malaysian stocks. But these stocks proved to be resilient, indicating that the
      4,313 words
    • Article
      Chief price changes
      249 17 Rises Indices Tor* M«ng 170 30 April 27 April 28 Somondo •dm 140 16 8T Compel* 101 5.05 1013.15 Nn s*rand<* 300 15 BT08/0S 296 205 iodu Inr 165 15 8T CAD) -5980 -6006 T roctort 440 12 IT 10-doyMA -6162 -6141 S 1 A 1250 10
      249 words
    • Article
      Business done on the SES
      4587 17 BID and offer prices officially luted 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".
      4,587 words
  • Page 17 Advertisements
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  • COMPANY NEWS
    • Article
      Lock icon Ganda-linked companies in dispute over Penang hotel
      525 18 MBT TWO MEMBERS of the Ganda group of companies, Seasian Corp and Orchard International Hotels (M) are locked in a dispute over the Penang Orchard Sun Hotel. Seasian, owner of Orchard Sun, is 80 per cent controlled by Ganda Holdings. Orchard International, which
      MBT  -  525 words
    • Article
      Blue chips bear the brunt of selling in KL
      513 18 AFTER posting gains for six consecutive sessions, share prices on the Kuala Lumpur stock market encountered profit-taking yesterday. No clear-cut trend could be discerned as prices fluctuated in response to alternating bouts of buying and selling before closing mixed. A broker
      513 words
    • Article, Illustration
      Ch'ng Poh aims to double Emporium turnover within a year
      430 18  -  By ELAINE KOH MALAYSIAN businessman Ch'ng Poh has targeted a doubling of the present turnover for the Emporium group within a year of his taking over 45 per cent of the retail group's equity. Mr Ch'ng, currently based in Hongkong,
      430 words
    • Article
      Selected indices
      117 18 HONGKONG Hongkong Index Tuesdoy 1683 33 Monday 1696 SO Week 090 *****5 Hong Song Index TuMdoy 2617 06 Mondoy 2636 47 WnI ogo 2713 36 All Industrials Tuesday 2507 8 Mondoy ***** W eek ogo ***** NEW YORK Dow Jones Monday *****4 Friday *****7 Week ogo 2270 60
      117 words
    • Article
      Business done on the KLSE
      2897 18 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Acma *****1 AJtootnoto *****1 xd Alcom 186BJ 116) 85
      2,897 words
    • Article
      COMPANY MEETINGS
      232 18 BATU LINTANG RUBBER COMPANY Barhad: 63rd AGM at Santubong Room, Holiday Inn, Jalan Tunku Abdul Rahman, Kuching, Sarawak today at 11am. SELANGOR PROPERTIES Barhad: 25th AGM at 4th Floor, Wisma Perdana, Jalan Dungun, Oamansara Heights. ***** Kuala Lumpur today at 11am. CONSTRUCTION AND SUPPLIES HOUSE Barhad: 28th AGM
      232 words
    • Article
      Unit trusts
      246 18 Manogtn' prices for April 79 Singapore Unit Trust n» Commerce 109 1.16 Tke Savings Fund 092 098 S'pore Prog Fund 043 0.47 S'pore Sac Fund 0 73 0 78 S'pore Invest Fund 079 0 65 S'pore Equity Fund 0.52 056 Asia Unit Trust Mai Invest Fund 145 153*
      246 words
    • Article
      LONDON STOCKS
      759 18 LONDON share prices were marked up in earty trading yesterday in the wake of a steadier performance on Wall Street after the dollar took on a firmer tone. At 11.00 am. the FT 30 Index was up nine points to 1,574.2 while the FTSE 100 Index rose 11.2
      759 words
    • Article, Illustration
      Lock icon Inchcape all fired up again
      654 19 HOCK LOCK SIEW INCHCAPE BHD means different things to different people. To some, it's the company that sells trucks, tractors and heavy construction equipment. To others, it's a motor vehicle distributor. However, the group has •even widely varied divisions, each of which has been pummelled
      HOCK LOCK SIEW  -  654 words
    • Article, Illustration
      Investors to pump HK$47m into Promet Petroleum
      805 19  -  By NAJEEB JARHOM PROMET PETROLEUM Ltd (PPL). the Hongkong-listed subsidiary of financially-stricken Promet Bhd, is being given a new lease of life by a consortium of investors including Mr Jimmy Peh of Chuan Hup Holdings fame. Trading in PPL shares will resume on
      805 words
    • Article
      Cerebos posts good interim results
      498 19 NEWLY-APPROVED CPF trustee stock Cerebos Pacific Ltd has turned in its best interim performance since becoming a public-ly-listed company in mid-1983. Group pre-tax profits rose 28 per cent to $22.21 million in the six months ended Jan 31, compared with $17.31 million in the previous
      498 words
    • Article
      AHL plans to raise funds this year
      226 19 AMBASSADOR HOLOINGS Ltd (formerly Ambassador Hotel Ltd) is planning to tap funds from the securities market this year. Acting chairman Gopinath Pillai. in his latest address to shareholders, says the board expects to tap funds to finance new acquisitions which would also expand
      226 words
    • Article
      COMPANY BRIEFS
      46 19 FIRST CAPITAL Corporation Ltd (formerly Sealion Hotels Ltd) said it had completed the acquisition of Robinson Centre. Certificates for the 26.08 million new First Capital shares issued in consideration for the acquisition have been despatched and dealings in the new shares will commence shortly.
      46 words
    • LATEST
      • Article
        MULPHA (SINGAPORE) LTD:
        30 19 Group net loss of $16.22 million ($16.2 million) on turnover of $78.82 million ($81.86 million) for the year ended Dec 31, 1986. No dividend will be paid.
        30 words
      • Article
        MALAYA GLASS Bhd:
        44 19 Operating profit of M 53.06 million ($862,000) on turnover of $19.63 million ($13.7 million) for the six months ended Jan 31, 1987. The CIC has approved a special issue of six million Malaya Glass shares at $1.40 each to bumiputra investors.
        44 words
      • Article
        FEDERAL FLOUR Mills Bhd:
        50 19 Group profit after tax and minorities of M$27.06 million ($26.56 million) on turnover of $513 million ($566 million) for the year ended Dec 31, 1966. Earnings per share came to 31.66 cents (31.11 cents). A final dividend of 11.5 per cent less tax has been recommended.
        50 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      176 18 RED LANTERN REVOLVMG RESTAURANT (PTE) LTD 60A Change Alley Aerial Plaza, Collyer Quay, S'pore 0104. iiw < t 1 FABULOUS WEDDING OFFER $230 net per table with FREE Chinese tea, peanuts, towels and printing of imitation cards, No Cortege Charge. NofService Charge. No Govt. Tax FREE Flow of Beer. Stout
      176 words
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      Page 18 Advertisements Column 2
      44 18 Training Courses for Manufacturing Excellence Speakers Ken F. Sellers Venuei Glass Hotel, Singapore Call (02) ***** M or (02) 748-8550 ima ratio advanced controls INTERNATIONAL m genting lane #oe-oi. metal house. Singapore 1334. WMOucnvWT cowwuum *****90. 497M12. TELEX: RS ***** UNIMIC MWII AMD MOuirUT
      44 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      120 19 Introducing the advanced FEATUREPAKII The total telex management system The new TELEX BOX 3 allows multi-terminal inputs; it converts electronic typewriters and personal computers into versatile telex stations without the need of special host software. FEATURES battery-backed 150,000 character memory unique mailbox facility short code directory personalised multi-addressing sends and
      120 words
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      Page 19 Advertisements Column 2
      220 19 38 storeys of glistening modern architecture rising spectacularly atxve a strategic hartjour front location. In the immediate vicinity of the new-generation Treasury and MAS Buildings, finance and commercial houses, major banks, even two world-class hotels. All in an area rapidly developing into an important financial and commercial centre of the
      220 words
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  • Article
    Revamped bond market all set for the big day
    721 20  -  Scripless trading from Monday By SOH TIANG KENG Financial Correspondent A RESTRUCTURED Government securities market, with scripless trading and market-oriented yields, will be launched on Monday with the auction of 91-day Treasury bills. This will be followed four days later by
    721 words
  • Article
    Lee to Suharto: Congratulations!
    134 20 PRIME MINISTER Lee Kuan Yew sent a congratulatory message on Monday to President Suharto of Indonesia on the outcome of the general elections there. "The people and government of Singapore join me in sending you our warmest congratulations on the outcome of the general elections in
    134 words
  • Article
    Lock icon Regional barter trade to be discussed at Asean summit
    313 20 Reuter ASEAN LEADERS will discuss a proposal to set up a regional barter trade system at the Manila summit in December, according to Indonesian Foreign Minister Mochtar Kusumaatmadja. Mr Mochtar returned to Jakarta yesterday from talks in Manila with President Corazon
    Reuter  -  313 words
  • Article
    Lock icon 'Ex-BMF head may face death if tried by China'
    353 20 Bernama IF FORMER Bumiputra Malaysia Finance Limited (BMF) chairman Lorrain Esme Osman was tried and imprisoned in Hongkong, it is likely that he would be retried by China by public demand and face the death sentence once the colony was returned
    Bernama  -  353 words
  • Article
    The world's most expensive city
    275 20 AT LEAST 33 major world cities are more expensive than New York because of the weakening US dollar, a global cost-of-living survey said yesterday. Tokyo tops the list and is now twice as costly as New York, while some other cities are 50 per cent
    275 words
  • Article
    More women Joining work force
    341 20 MORE WOMEN, especially in the 20 to 44 year age group, are joining the work force, probably because of unemployment affecting the men in their households. On the other hand, male participation in the labour force last year slipped marginally from 79.9 per cent in
    341 words
  • Article
    Contractors clinch overseas jobs worth US$162m
    413 20  -  By LEE HAN SHIH Property Correspondent OVERSEAS JOBS clinched by local contractors almost doubled to US$l62 million last year in spite of a fall in the value of contracts awarded worldwide. About 70 per cent of these contracts involved commercial, industrial and residential works,
    413 words
  • Article
    Lock icon Comex gold and silver
    81 20 Reuter COMEX GOLD FUTURES were sharply higher on bargain hunting demand yesterday morning after tumbling on Monday on sympathetic selling from a depressed silver market. In fast-paced dealings, gold halved the overnight losses, with the June delivery running ahead US$lO.5O at U*****.50. Silver futures stayed on
    Reuter  -  81 words
  • Article
    Lock icon Dow Jones higher
    76 20 Reuter STOCKS moved higher yesterday amidst a slight appreciation in US dollar. Signs that the US Federal Reserve may be ready to increase the discount rate failed to discourage investors, many of whom have determined that further weakness in the dollar is more of a threat then
    Reuter  -  76 words
  • LATE FILE
    • Article
      Record trade in Nikkei index
      45 20 THE Singapore International Monetary Exchange said trading in Nikkei stock average index futures rose to a new record of 1,069 contracts yesterday. The previous record of 1,638 was set on Sep 3 last year, the day the contract was launched.
      45 words
    • Article
      Lock icon US may lift trade sanctions
      34 20 UPI US Trade Representative Clayton Yeutter said yesterday that Japan appeared to have made the corrections that would lead to the lifting of US sanctions against selected Japanese goods.
      UPI  -  34 words
    • Article
      Lock icon UK business more optimistic
      46 20 UPI THE Confederation of British Industry yesterday announced another increase in business optimism, with manufacturers winning new orders at the fastest rate in more than 10 years. Rising exports and further gains in output were expected over the next four months. UPI
      UPI  -  46 words
    • Article
      Lock icon Barclays lowers base rate
      29 20 AFP BARCLAYS BANK, one of Britain's four main clearing institutions, said yesterday that it was lowering its base rate from 10 to 9.5 per cent.
      AFP  -  29 words
    • Article
      Lock icon KL to broaden tax base
      48 20 Bernama ES MALAYSIA'S Inland Revenue Department plans to broaden its tax base as this may possibly lead to a lower rate of taxation. Director-general Raja Abdul Aziz Raja Salim said yesterday that the move ought to be carried out in phases. Bernama ES
      Bernama ES  -  48 words
    • Article
      Lock icon Revolutionary group formed
      53 20 Reuter A PUZZLING, highly-organ-ised gathering of more than 1,000 politicians, peasants and labourers in Bangkok yesterday proclaimed a "national revolutionary council" which organisers said would replace Parliament. The meeting's vice-chairman, Suthin Jaijit, said the council was an arm of a peaceful revolution led by army commander General
      Reuter  -  53 words
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      Page 20 Advertisements Column 1
      26 20 W l *> m a* f f 3T N R s &V; -r, m nit y Hilton Hotel #02-24/25 Tel: *****56 Monday Saturday: 10 a.m. 6.30 p.m.
      26 words
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      Page 20 Advertisements Column 2
      102 20 ,< < J; 1 The Oce way... The other way guaranteed by a well trained, country*wide, service organisation. Oc* has been a market leader in copying f<w office and industry for more than sixty yeai and has a permanent presence In Asia. Ck* is not a bere-today, gone-tomorrow organisation. Oc6
      102 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      55 20 smbgeb Outlook: Showers in several areas In ths lata morning and afternoon. R sport for 24 hours prior to 7.30pm on April 28 at the airport Maximum temperature 31.5 Associated humidity 69 Minimum temperature 24.8 Aaaoclated humidity 97 Hours of sunshine 1.55 Rainfall In millimetres 1.1 Rainfall this month 72.5
      55 words
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  • SHIPPING TIMES
    • Article
      Jappercon confident of another freight rate increase in July
      457 21  -  By LINDA CHEE WITH BETTER trading conditions in the Middle East, the Japan-Persian Gulf Rate Agreement (Jappercon) is confident of another successful round of rate increase in two months' time. As planned in December last year, it has confirmed July 1
      457 words
    • Article
      Lock icon No negotiations in sight between union, authorities
      133 21 AFP A STRIKE by Japanese dock workers entered its second week on Tuesday with no negotiations scheduled between their union and port authorities. officials said. The Japan Council of Port and Harbour Workers Union walked out on April 21 over minimum wages, job
      AFP  -  133 words
    • Article
      Australia to look into collision as ship sails away
      151 21  -  oi \J 11 By Kingsley Wood AUSTRALIAN TRANSPORT is to investigate a collision involving the Panamanian freighter Great Brisbane and an Australian trawler Naomi Maru, about 15 miles east of Eden, on the NSW south coast. The 10,000-tonne freighter, bound from
      151 words
    • PORTSIDES
      • Article
        Lock icon Atlas Highway delivered
        46 21 UPI THE 14,487-TON Atlas Highway was turned over to the Panamanian company at a ceremony held at Kawasaki's Sakaide Shipyard near Osaka, Western Japan. The ship will carry Japanese cars exported to the United States on its maiden voyage. Kawasaki officials said. UPI
        UPI  -  46 words
      • Article
        Lock icon Itel may acquire XTRA Corp
        191 21 Seatrade Week ITEL CONTAINER Corp, which recently purchased Flexi-Van Corp to become the largest container lessor, is reportedly interested in acquiring the XTRA Corp of Boston. XTRA owns about 120,000 containers that, if added to ltel's current fleet, would increase ltel's world market share from
        Seatrade Week  -  191 words
    • Article
      Lock icon US liner conferences less gloomy about Japanese tariff
      763 22 Lloyd's List UNITED STATES shipping lines, particularly those in the transPacific trades, are breathing a little easier after initial concern over the possibility of a trade war following President Reagan's imposition of 1005 tariffs on certain electronic goods. It was felt that
      Lloyd's List  -  763 words
    • Article
      UK to stage symposium on reception facilities for chemical tank washings
      233 22 AN INTERNATIONAL symposium on reception facilities in ports for residues and tank washings from chemical tankers carrying noxious liquid substances will be held in London next month. The symposium, to be held on May 13 to 15, is to
      233 words
    • Article
      Lock icon US task force will decide on how to dispose garbage from barge
      157 22 Reuter THE UNITED STAtES State Department an<Kthe US environmental protection agf&y have formed a task force to decttfe how to dispose of a bargeful of garbage wandering through the Gulf of Mexico in search of a dumping site,
      Reuter  -  157 words
    • Article
      Sydney harbour tunnel work to start on May 31
      69 22 CONSTRUCTION of a US$4OB million road tunnel under Sydney harbour will start on May 31 after the project received New South Wales cabinet approval. State Premier Barrie Unsworth said. The four-lane tunnel will be built by a joint venture between Japan's
      69 words
    • Article
      INDEX TO ADVERTISERS
      1004 22 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Ahrenkiel liner XI 1 Africo Ocean XII 1 Allfrans VII 3 AC Toepfer IX 5 Anro Service IV 2/3 Arrow lines XII 2 Atlas line X 3 ANl 1 1/2 APC line V 4 API
      1,004 words
    • Article
      LONDON FREIGHTS
      993 22 WITH the exception of the time-charter sector, the London shipping frieghts market was extremely quiet on Monday, especially in the grain sector The only reported grain business was the 30.000 tons booked from the North Pacific to China at a firmer US$l7 by Chinese charterers. No fresh sugar
      993 words
    • Article
      CONSORTIA
      173 23 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      173 words
    • Article
      Norfolk extends Australian service to Cook Islands
      183 23  -  By Kingsley Wood THE NEWLY FORMED Norfolk Island Shipping Line is to extend its service to the Cook Islands, giving Australian exporters a direct link to a new market. The line has been formed by a group of businessmen who chartered a 2,089-dwt
      183 words
    • Article, Illustration
      Felixstowe registers 23pc increase in box traffic
      344 23 CONTAINER TRAFFIC through the UK port of Felixstowe rose by 23 per cent last year to a new record ot 639.460. It is the 15th consecutive year that box statistics have registered increases and strengthens the port's position as the leading container port
      344 words
    • Article
      Lock icon WEEKLY FREIGHTS
      796 23 AFP BRISK activity in the time-charter sector where vessels were sought for periods of up to seven months' trading lent underlying steadiness to an otherwise quiet market in the aftermath of the long Easter break. Chinese charterers provided interest, taking several vessels in the 30,000-tonner range Similar-sized units
      AFP  -  796 words
    • Article
      Lock icon Group signs 20-year deal to deliver LNG
      117 23 Reuter PANHANDLE-TRUNKLINE Group has signed a 20-year contract for the deliver of liquefied natural gas (LNG), the official APS news agency said. Deliveries will start next winter and rise over three years to reach 4.5 blflion cubic metres annually, with 60 per cent
      Reuter  -  117 words
    • Article, Illustration
      SHIPPING LIST where your ships are due... and when
      7932 28 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      7,932 words
    • Article
      Who acts for whom .. .
      1949 30 Who acts for whom A—B AB Shipping Boustead Shpg Agencies ABC Containerline NV Spore Shpg (S) Accord Shpg Accord Shpg (S) Africa Ocean Lines Sealion Shpg (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceania Shipping Agenciea (S) Multiport Sdn Bhd (PK) Alttrana Alltrana Expreea American Preeident Linea API.
      1,949 words
    • Article
      SHIPS IN PORT
      584 31 AT CONVENTIONAL WHARVES VmmI Berth Arrival Deperture KEPPEL WHARVES Dong D#fcmo KI9 olongside 2904/2300 K29 olongside *****600 £♦•< XJl Moon MO olongside X04..I8X Gozonio KM alongside 29 044)700 Hyundo< 5 K32 alongside 29 04 1200 ktmor KI7 olongside *****600 Im Patofeng 2 K21 alongside 29 04,0600 U#Ctv
      584 words
    • Article
      CONTAINER SCHEDULES
      817 31 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna FCL Arrival LCL movamant Ship Voy date/time Oparator cargo schedule Location SO Edo 707 29 04 87 1900 Ned-EAC F7 1000-1100 P4 Plato 37N 2904 87 1900 Borneo F5A 1000-1100 V2 Jenwel 16N 29 04 87 2000
      817 words
    • Article, Illustration
      Lock icon Bow doors open due to 'sloppy procedures'
      576 32 Inquiry into Herald of Free Enterprise disaster FT THE TOWNSEND THORESEN vehicle ferry Herald of Free Enterprise, which capsized with the loss of nearly 200 lives, set to sea with its bow doors open because of "sloppy procedures," a public inquiry was told
      FT  -  576 words
    • Article, Illustration
      Maritime federation re-elects Captain Choo as chairman
      85 32 CAPTAIN Choo Guan Choon of Maersk Co (S) was re-elected chairman of the Singapore Maritime Employers' Federation for the third successive year at the last annual general meeting recently. Members also returned Captain ACS Ezekiel of Neptune Shipmanagement Services as vice-chair-man for the
      85 words
    • Article
      Lock icon Norwegian tanker attacked by pirates near Singapore
      147 32 Reuter FIVE PIRATES armed with knives slipped on board a Norwegian tanker carrying gas as it passed through the Straits of Singapore, robbed some of the crew and disappeared into the night. Olav Olafsen, spokesman for Havtor Management, which owns the ship, said
      Reuter  -  147 words
    • Article
      Lock icon J Lauritzen incurs losses of US$65.4m
      177 32 FT NET LOSSES at J Lauritzen, the Danish shipping, shipbuilding and manufacturing group, mounted to DKr 446 million (U5565.4 million) last year compared with DKr 55 million in 1985. Pre-tax losses were DKr 643 million against DKr 26 million in 1985. Equity capital sank
      FT  -  177 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      969 21 The Mammoth Hunters Jean M. Auel CORONET BOOKS Available al all Good Bookshops [Sk] STP Distributors Ju*ong PVvi Road S»ngaoor9 2261 ,V 'v CVOCC iff k-> VV em WW/ OVEIQEAS Corttum* LINE JARWME SNIPPING AGENCIES (R«S No 242K4/ 00K 200 Cantonnwnt Road #12-05 South pom!. Singapore (808 Ttl *****11 TELEX
      969 words
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      Page 21 Advertisements Column 2
      119 21 [ISMDB UNITED STATES shipping lines, particularly those in the trans-Pacific trades, are breathing a little easier after initial concern over the possibility of a trade war following President Reagan's imposition of 1005 tariffs on certain electronic goods. Page II CONTAINER TRAFFIC through the UK port of Felixstowe rose by 23
      119 words
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      Page 21 Advertisements Column 3
      931 21 A WOMAN 0T POWER. SHE SUBSTANTIA NEEDED LOVE. SHE WANTED REVENGE. F A WOMAN OF SUBSTANCE But what is ihc price jL p shr has paid? 7 Available at all good bookshops MAERSK LINE EUROPE The Direct Line Towards A Weekly Service To: Europe UK Scandinavia Finland JCTn» «m« Ragma
      931 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      367 22 TEL: 03-*****50 imalaysia SON. bho. TLX: ***** MTM EUROPE/FAR EAST CONVENTIONAL SERVICE vst PT Of LDG DATES PT. KLANG LE CHANG LING Sailed t/S AGIAIA 7 Sailed SCAN VENTURE I jmuiden-Bremen Sailed 23/S SOCRATES Lubeck-Hamburg 13-22/4 1/6 Further load/ discharging ports en route subject to sufficient inducement. Singapore Office: MTM
      367 words
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      Page 22 Advertisements Column 2
      17 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association
      17 words
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      Page 22 Advertisements Column 3
      377 22 OUTBOUND TO NORTH AMERICA SENATOR LINK j CONTAINER TRANSMIT LOADING DATES ARRIVAL DATES ACCEPTING CARGO TO LOS ANKLES, SAVANNAH, MIAMI, BALTIMORE A NEW YORK. OTHER DCST PORTS ON REQUESTS. INBOUND FROM EUROPE NEWSHfP > AGENCIES PTE. LTD IS CARPENTER ST «B-« S port OMS TEL: 534-1477 TAX. 532-6023 LOADING DATES
      377 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      835 23 The Straits Steamship Group Mansfield Container Shipping PteLtd rsr STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok P&O Containers Limited CONTMNERSHP SERVICE TO UK/CONTINENT STRAITS HOPE AUBY STRAITS PtlOt A LI BY BINT AUG saw* rpart P.KJani fka N'tarf rkraa rim la I Hff an an on an
      835 words
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      Page 23 Advertisements Column 2
      177 23 C SAV Ccrrpantj Sud Americana do l'jpcrcs S A Lino DIRECT SERVICE TO/from CHILE Ag«nts; 9 Singapore *****66 K Lumpw *****25/6/1, *****19. Booknt *****78 f. KeUnf *****1S ONLY APL OFFERS THROUGH SERVICE TO NEW DELHI With APL, shippers and importers can now benefit from trading C and F terms with
      177 words
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      Page 23 Advertisements Column 3
      253 23 CHARGEURS REUNIS EOliliia: 1 .i'i r»: pi T?j r I (MED CLUB MEMBER) at kok a mtt Accapbnt CAKCO tar Wn) Ufa* Ufa* flfa* Vim t*r«l»** Gmh Trtak Sm a■» 1 Apr (Apr fa ?w1 U Apr U Apr M Apr H Apr fa> KXMTEMANLA H Apr IS Apr U
      253 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      287 24 CONTAINERSHIP SERVICE TO UK/CONTINENT Hapag-Lloyd CONV/SEMI CONTAINER SERVICE TO EUROPE CONV SEMI-CONTAINER SERVICE TO MED EUROPE SP PK PEN TRIES LEX BILBAO MBG B'HAVEN AMS 14 BORUSSIA ifi 7/5 28/5 &4 184 224 124 CONTAINERSHIP SERVICE FROM UK/CONTINENT Agents Singapore *****66 K. Lumpur *****25 Booking *****78 P. Kelang *****18 Freight
      287 words
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      Page 24 Advertisements Column 2
      744 24 I ItG&LINE g§Hf A smfmc [IWIUfW FULLY CONTAINERISED SERVICE [TO FUROPE VIA SUEZ 1 Mfmb o( ,h < Consorts Mill Y CON I AINf RISEO 10 fROM NORTH AMERICA WSI COAST vtm CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL INDON S'PORE LOADING FOR CRYSTAL REED 1/5 DUBAI, DAMMAM. KUWAIT GEN AGENTS:
      744 words
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      Page 24 Advertisements Column 3
      351 24 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: Sailed Rott/Antw/ UK (Nawport) 20ft Sata/Rott; Antw/UK SINGAPORE CALICO SHIP?INC PTE LTD Tai mam Ti« rs aui calico fax nvjn PORT KELANG PERKAPALAN UTAMA SON BHD Tat: XCItM KOTA KINABALU KESAWAN SHIPPING SON BHO Tat: QtSI (1 Item) Fu ntW
      351 words
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      Page 24 Advertisements Column 4
      865 24 ra Isi EVERGREEN f Container Srrvicn Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) S6P HK PU IN AIM LKV NYC NFK CHS KSN TYO OSK PUS jux KSC MM —5 EVER GRADE 30/4 20/5 22/5 24/5 2S/5 26/5 4ft IB 7ft 100 2/7 50 W W I*7 am"" ,4P
      865 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      672 25 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL (SOW A HOT A MtQA MAJAPAHfT HUR MURORAM (HOKKAIDO) *MTC HITACHI INDONESIA CONTAINER SERVICE BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE L./J )'T' SEA DRAOON RED SEA/EAST AND WEST AFRICA SERVICE
      672 words
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      Page 25 Advertisements Column 2
      758 25 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Kitana Mini l"*l» an w w v» rn m u* w i« «fl jyi 27fl on an w w Ufl up EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAH HAVEN I'M HAVRE STON IP KLANG SPORE FOR ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG
      758 words
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      Page 25 Advertisements Column 3
      651 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VESSEL/VOY U. BONTANC/11WB GANDA GAHA/IIWB PALEMBANG/6WB mataramaiwb KUTAI/12WB ANTWERP BILBAO BREMEN A DAM/R OAM H'BURG —6/6 9/1 12/1 7/7 Uf7 12/7 Z K Sublet to
      651 words
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      Page 25 Advertisements Column 4
      408 25 BOUSTEAD SHIPPING AGENCIES MYOMA YWA VlO3 HTONEYWA V224W PAGAN Vll3 HAND* LAY Loading tor Europa *2* BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok VB** Z Z Z SIS SSB BANK UNE NORTHBOUND TO UKC MORAYBANK V3N TAGAMA VIN CLYDEBANK V2ON FORTHBANK VI9N
      408 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1565 26 Li K LINE KAWASAKI KISEN KAISHA. LTD. USA CANADA ATLAIffIC COAST (Round The World Service) 0 FRIENDSHIP V 2 BROOKLYN BRIDGE V 2 0 FORTUNE V 3 N JADE V 7 S PORE 7 May 30 May IS May 6 Jun 22 May 13 Jun 29 May 20 Jun CHLS
      1,565 words
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      Page 26 Advertisements Column 2
      666 26 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contain*?* ESTECIiPPER »13 29 Apr CALABAR V 34 13 MUy INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers P Ketanj Prunt Loading tor 30 Apr 21 Apr Madrai> ESTECIiPPER Vl3 30 Apr Apr SO NAGALAND V JSH 10 May VISMVA NATAK V 34 U Nay
      666 words
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      Page 26 Advertisements Column 3
      779 26 GOLDEN LINE GIMN GUAN SHIPPING (PTE) LTD 23. Tttt Arc Street Singapore 0104 tel b34»u no IMS) STRAITS/PERSIAN GULF SERVICE: S'pora PKeiang Pwanj 15/1* Hay 21/29 fey COLPCN HARVEST Cotanbo/Karadii Dubai Bahrain ■kxr.bo Karachi/M meat' Bahrjin GOLDEN HAVEN Cotombo l CHINA OCEAN SHIPPING CO., PEKING W THE PEOPLE S REPUBLIC
      779 words
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      Page 26 Advertisements Column 4
      452 26 SHIPPING TIMES, Wednesday, April 29, 1987 NTRASCA (PTE) LTD. 15. Hoe Chiang Roarf. ffo7-02>03, Sanford Building Singapore 0208 Tel *****11 (10 Lineal Bulk Orient Line I BREAKBULK SERVICE TO EUROPE/UK S pore f. Ketani Loading for V BOSL TBN' 1705 5/5 1/5 ROT/ANT/U.K. (MULL) AftrrtJ Singapore K. Lunpur INTRASEA (PTE)
      452 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      877 27 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTD Ft EU/AUST TPA/Sf A Terminal CFS BOOKINGS 77J»U *****2 man *****53 gwu gSJS NEPLINE SON. BHO. 3MH7 NEPLINE SON. BHO *****3 NEPLINE SON. BHD. umsiwmumifizmi NEPLINE SON. BHD. ZMO4O/***** A m#mb#r o4 |h« ACS Consortium TO EUROPE/UK (VIA SUEZ): p Kttoßt H™
      877 words
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      Page 27 Advertisements Column 2
      455 27 DOMAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN. INCHON 1 Veucl I Name No t Donam/70SN No S Donjm,7(BN M Entofprm/hON No 7 Donam/704N No I oonam/7MN No f Donam/70tN No Donam7o4N S port P Keling PN M Ent*rpriM/711N 11/t 211S No 7 DonjmTOSN
      455 words
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      Page 27 Advertisements Column 3
      752 27 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 ***** P KELANC KNAIK M/S HANDUNC SYSTEM CO SON BND MESSRS HAI THONG SNIPPING 127 Panana Straat, Panani
      752 words
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      Page 27 Advertisements Column 4
      70 27 FERI MALAYSIA SON. BHD. RORO CONTAINER PAIIFTISID WEEKLY SERVICF 10 KUANIAN KUCHING K MNABALU ALSO ACCEPTING SEIE DRIVEN HEAVY VEHICLES "CRUISE MUHIBAH" VOYAGE tfOM KUANTAM KUCHMQ KOTA KMABALU m 101 IMS 1M 17-06 1M wm nm tiw tim mi rim mm Afffrtx: 19, Koppol Rood #05-02/03 J* Pah BuMlng S'por*
      70 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      331 28 SINGAPORE SHIPPING CORPN.CPTE) LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD VEBDEUTERACHT SEEREEDEREI ROSTOCK. hi j j iVIU li/' r y-M CZT3B tzmmMi •VIA COLOMBO: AccwOng cjfgo for Bom toy, Cochin I Madras "VIA LARNACA: Accepting cargo for Piraeus, Thassatoniki, Izmir, Istanbul, Marsn,
      331 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      157 29 "®i FINE-LINER SHIPPING PTE LTD 70 Shenton Way W 02C Manna House, S pore 0207 TEL *****7-7 (6 Lines) TLX RS 22M1 FLINER EUROPE SERVICE iii-i'Mi' 1 r' ■r i"v.r nrrri IS I J5 3R 1 I FAR EAST SERVICE :-i RHI MIDDLE EAST GULF SERVICE WEEKLY ALL CHINA SERVICES
      157 words
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      Page 29 Advertisements Column 2
      293 29 MN CONTAINER LINE accepting lcl/fcl to> MCA 3/5 TO: LA/LB, OAK/SF, N.YORK COLOMBO DUBAI BUBBAN 10/5 LA/LB, OAK/SF, N.YORK ACCEPTING DOOR TO DOOR DELIVERY:ACCEPTING LCL/FCL TO ALL PORTS/IPI PT. KELANG TO KOTA KINABALU IN CONTR Bookings: MAC-NELS AGENCIES PTE. LTD. mac-nels (Malaysia) SDN bhd. mac-ncls ipenangi SDN bhd Tel: *****44
      293 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      358 30 a;a :ii (EAST-BOUND) mm 1 TO: EUROPE (WESTBOUND) nil yii irrarMrrßßrwrTnrprnifn ARABIAN EXPRESS CLOSE TRADER SUNBHIP AGENCIES PTE LTD 20 McCofcm S*tm« #16-01/03 'Ma Chonban, Stogopor* 0106 W *****22 (7 hnl I Fox: *****05 KIE QWAN SHIPPING (M) SDN BHD. f. Kdav *****22, *****62 MALAYSIA TRADE TRANSPORT CO SON BHD
      358 words
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      Page 30 Advertisements Column 2
      529 30 Wa hermamnVT ludwic International Freight Forwarders WEEKLY-CONSOLIDATION SERVICE ACCEPTING FCL/LCL HONG KONG BANGKOK TOKYO SYD/MEL FREMANTLE HAMBURG/ROTTERDAM COPENHAGEN FELIXSTOWE/LONDON LOS ANGELES ETD SINGAPORE WEEKLY WEEKLY WEEKLY FORTNIGHTLY FORTH I6HTLY WEEKLY WEEKLY WEEKLY WEEKLY FORTNIGHTLY TRANSIT TIME/DAYS 3 3 9 20 7 22 26 24 24 30 Booking: Telephone *****33 FAX
      529 words
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      Page 30 Advertisements Column 3
      655 30 ZIM FULL CONTAINER SERVICE accepting FCL/LCL cargoes to USA East t West Coast, Carribbean.East Canada, HAITI, Port Au Spain, Barbados N ST LUCIA m i 1 i!E(y r E I*". I. 1 "g^f l i 1 liM I\m im ii AUSTRALIA CONTAINER SERVICE ZIM S PORE ACCEPTING CARGO TO ADELAIOE
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      Page 30 Advertisements Column 4
      477 30 Everett Tines] COMPANIA PERUANA OE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" Uadtnc lor CiMin. Matron, lo and al attar IVwo porti Mtk tjanotopMß I Koto On CP* Throyjfi Mb of Ladmt to final dtwtiur Penang* P. feUnf MANOLOEVERETT johneverett MURRAYEVERETT 'EVERETT ORIENT LINE' JAPAN/BAY Of BENGAL/JAPAN SERVICE OADING FOR HONGKONG*. YOKOHAMA.
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      162 31 Hamburg West Germany Tiger Line Common Carrier Feeder Services SINGAPORE INDIA VESSEL VOY SINGAPORE CALCUTTA MADRAS TBA TBA 14-14 MAY 20-22 MAY 2S-2S MAY Common Carrier Food* Sorvico For Main Lino Operators Only. Agents: C.F. Sharp Company Pie. Ltd. Telephone: 220 1422 Telex: RS ***** ahrenkiel liner service DURBAN. JOHANNESBURG
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      Page 31 Advertisements Column 2
      236 31 PERCH OCEAN LINES (Perfect China Ocean Shipping Linn) CHINA SERVICES Destinations: EM. S TORE Etd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN WFPKI Y HAIKOU, ZHANJIANG J! fi. XINGANG, QINGOAO SAILINGS SHANGHAI t OTHER PORTS mm TT 0 FCL CARNANG TO: i T5 (MEMBER Of THE PRESS GROUP) WEEKLY CONSOL SERVICE LCL/FCL
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      Page 31 Advertisements Column 3
      251 31 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE JAKARTA VESSEL VOY ETA ETD ETA ETD RATU 02/03 04/05 05/05 07/05 09/05 KONSORTIUM 04/05 11/05 12/05 14/06 16/05 06/07 11/05 19/05 21/05 23/05 PRABHAKTI 56/57 30/04 01/05 03/05 05/05 SB/59 07/05 08/05 10/05 12/05 60/61 14/05 15/05 17/05 1905 SINGAPORE/SURABAYA VESSEL VOY
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      Page 31 Advertisements Column 4
      494 31 /M CALL US AT; P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B. BUTANC leharve i wmwmm turn i'LU n. DCJIMA B. SURIA SCLANOIA TOY ABA TI7T B.
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      Page 31 Advertisements Column 5
      279 31 KJ P M LINE CONVENTIONAL LINER SERVICE JAPAN/STRAITS/JAPAN EXPORT Smpport P MUnf P«n»nf POMEX SACA 14N Apr 27/21 Apr 2OTO POMEX PIONEER 12N »»y 77,71 May 2S/J0 ■POUT POHEX SACA 1«S Apr 2W77 Apr 24/25 Cargo will occap) to Japan Pom including heavy cargo lma> SO K/D «üb|»ci to cargo
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      266 32 COLUMBUS LINE REEDEREI GMBH <A SFRVICF OF HAMBURG-SUD) EXPRESS SEMI CONTAINER SERVICE TO 1U FORTHBANK VI9S IVYBANK VI9S Genera' Agents Singapore To Port Moresby, Lae Rabaul.Madang, Kimbe and Kieta SEALION SHIPP'.NG (S) PTE LTD SALES BOOK'NGS TEL *****51 (5 lines) TLX RS 34 354 SELION FAX *****41 Mm AfraCA Ocean
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      Page 32 Advertisements Column 2
      183 32 Arrow Lines 9^^ S'PORE/COLOMBO/S. AFRICA VSL S PORE COLOMBO DURBAN CAPETOWN ARROW PRINCE 12A 5/6 10/6 22* 2/7 ARROW KING 16A 26/6 30/6 12/7 22/7 Maputo call subject to inducement S'PORE/BENGfIL/E. AFRICA VSL S PORE CHITTA PORTS ARROW QUEEN 1A SM 4/5 7/5 *21-29/5 ARROW DUKE 1A 8/5 13/5 16/5
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      Page 32 Advertisements Column 3
      533 32 J"OjK V« MOL Mitsui OS K. Lines Ltd FULL CONTAINER UK/CONTINENT (TRIO) fpara r UM| S*M N*to*i tan RMi UMr IMCMMO MM MA Ofi Bfi Ufi Wfi M an or dhwu*o 075 mn an an an on mn f*amfu«t express ua im au as* om mn KNALOCR JKS H1 M
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      Page 32 Advertisements Column 4
      372 32 FARGO SHIPPING COMPANY (PTE) LTD *M REGULAR EXPRESS FULL CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERIZE From USAVCartnda/Europn/Mndttnrrannan V*l BRUSSEL ANTWERPEN C. YEROLME TBN #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49 I TWICE WEEKLY SERVICE FROM APRIL
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      157 32 a* Regional Weather iTTI k 4 3* M i > S3 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. C yA cr 1 Wind direction with speed in knots Wave height LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain \~s Cloudy Sky
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