The Business Times, 25 June 1987

Microfilm: NL15852
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 THURSDAY, JUNE 25, 1987 75 CENTS
    12 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    176 1 Exchange rates THE S$ closed stronger against the US dollar yesterday at $2.1160/90 ($2.1225/35). The local currency also finished firmer against the M$ and HK$, but softer against the yen, DM, Swiss franc and US$1 145.25/35 yon, *****/75 DM, L US$1.6130/40 M$« S$0.8393/6400 Omtmm markito \A/, ij
    176 words
  • Article
    Singapore Reinsurance seeks listing on SES main board
    561 1  -  By SOH TIANG KENG Financial Corraaoondant SINGAPORE Reinsurance Corporation, a company owned by 50 local and foreign insurance firms operating here, is aeeking a listing on the main board of the Stock Exchange of Singapore. BT underatanda that Singapore Re, which submitted
    561 words
  • Article, Illustration
    ST index at new high for third consecutive day
    152 1 AFTER A quiet atart in the morning, the pace of trading on the Singapore stock market quickened yesterday. The merket closed on a steady note with the ST Index at a new high for the third coneecutive day. The Straits Times
    152 words
  • Article, Illustration
    Attention shifts to second tranche of SIA shares
    362 1 WITH LITTLE doubt that Temasek Holdings' first tranche offer of 30 million shares in Singapore Airlines has been fully subecribed. attention ia now focueead on the second tranche of up to a further 30 million sharee. Temasek haa until 12 noon today
    362 words
  • Article
    Lock icon Malaysian economy poised for an upturn, says deputy minister
    382 1 Bernama ES THE MALAYSIAN economy haa put the worst behind it and is now poised for an upturn, according to Deputy Finance Minister Loke Yuen Yow. "The ball ia now in the court of the private sector, the entrepreneurs and their
    Bernama ES  -  382 words
  • Article, Illustration
    Khoo sells Orchard plots for $62m BR
    442 1  -  Hotel Properties to redevelop sites By LEE HAN SHIH I, Property Correspondent IN HIS LATEST and largest aaaet sale in Singapore, Mr Khoo Tack Puat haa soid two large plots of residential land on either aide of preettgious Orchard Boulevard to Mr Ong
    442 words
  • Article
    Lock icon Dollar falls sharply against the yen
    298 1 Reuter THE DOLLAR FELL aharply against the yen in Tokyo yesterday after Bank of Japan eourcee aaid It had gone high enough proving right one New York dealer who aakJ bad news hits the dollar more than good newa helps It. The US currency
    Reuter  -  298 words
  • Article
    Lock icon S'pore cited for sound management
    111 1 Bernama THE INTERNATIONAL Monetary Fund (IMF) has designated Singapore. Malaysis, South Korea, Venezuela and Papua New Guinea as smong ths developing countries sufficiently strong in terms of their current account, thus enhancing their credibility in the world, the Finance Ministry reported. The IMF, a watchdog
    Bernama  -  111 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      174 1 }'~]=-[>).<[=/>~~*;)@}{{$\/])"" Full report, Fag* 13 Asian stocks, Rags 11 Infl stocks, Pag* 10 THE OFFICE NEVER LOOKED SO GOOD Enter the era of the Business Class Hotel that guarantees every room has the solid business comforts and luxurious amenities expected of a grand deluxe hotel. Each of the 640 rooms
      174 words
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      Page 1 Advertisements Column 2
      307 1 The urbanised Singapore woman DO WOMEN in Singapore need a Women's Desk whose purpose it is to look into all matters concerning women? Representatives of the Singapore Council of Women's Organisations feel that such a desk would go a significant way to meeting the need to do more research into
      307 words
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      Page 1 Advertisements Column 3
      258 1 Rodensloch Quality before your eyes DONT LET THE INITIAL id m PUSH HOME OWNERSHIP^ We offer home loans without you having to come up with the usual 10% downpayment. Hongkongßank also offers other attractive features: 100% financing Quick processing allows for verbal confirmation within 24 hours and written confirmation within
      258 words
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      464 2 When you consider the size and variety of the financial risks that almost every large company has had to manage, it's a tribute to their treasurers that any companies survived at all' let alone emerged successful. With a blend of science, creativity and (occasionally) crossed fingers, company You're producing great
      464 words
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  • HOME NEWS
    • Article, Illustration
      Singapore's $1 b reason for Canada to join its tourist promotion
      449 3  -  By ANNA TEO CANADIAN INVESTORS and developers could take a stake in Singapore's billion-dollar tourism development plan if only they know about it. Convinced that Canada would find abundant opportunities in Singapore's mega project to attract more visitors, the
      449 words
    • Article
      Variety's the keyword at N-Day Carnival
      201 3 THIS YEAR'S National Day Carnival promises to have a wide enough variety to tickle anyone's fancy. A pop concert fashion show, ballroom dancing, plays, gymkhana and the usual food fair will be among the many activities that carnival goers will be able to enjoy.
      201 words
    • Article
      EDB business prospects survey
      145 3 THE ECONOMIC DEVELOPMENT Board (EOB) has sent out questionnaires to companies to survey business expectations in the manufacturing sector for the third quarter. To be conducted quarterly by the EDB's research and statistics unit, the survey aims to assess trends in Singapore's industrial activities based on
      145 words
    • Article, Illustration
      S'porean for Japanese seminar
      91 3 A SINGAPORE businessman, Mr Michael Fernandez, left for Japan yesterday for a six-week seminar on small enterprise development. Mr Fernandez, who is active in trading and insurance, is a management committee member of the Singapore Indian Chamber of Commerce. The seminar he is attending is one
      91 words
    • Article
      Development association seeks new blood
      215 3 NEW BLOOD is needed in the Singapore Training and Development Association (Stada), according to newly re-elected president Dr Charlotte Lim. The association held its AGM last month, during which the 1967/88 management committee was elected. Among the ninemember team were five new faces. Dr Lim
      215 words
    • Article
      Corrections and clarifications
      149 3 BT REPORTED on June 23 that Shell was laying the groundwork for a major upgrading project, a catalytic cracker. A Shell spokesman yesterday clarified that the company had not made a decision on the economic feasibility of the project at its Pulau Bukom refinery, as may be
      149 words
    • Article
      Swiss and US companies team up for $12m venture
      454 3  -  By BOEY KIT YIN TWO SWISS companies have teamed up with an American manufacturer to set up a $12 million factory in Singapore to make custom-designed medical and electronic products. The venture, to be called Nycosa (S) Pte Ltd, will not
      454 words
    • Article
      Miniscribe automating to keep up with demand
      319 3  -  By CHARLES SAVAGE SALES OF disk drive manufacturer Miniscribe Peripherals will nearly double this year as orders continue to pour in. The company expects sales, which form two-thirds of the group's figures, to climb to about US$23B million from US$l22 million last year.
      319 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      57 3 GORDON WAREHOUSE BUILDING *1 I VALUABLE WAREHOUSE SPACE FOR SALE Strategically located junction Airport R-j&d/Eunos Link fcasy access to Pan-Island Expressway Ample labour supply close to Kallang, Aljunied, Macpherson and Ang Mo Kio estates Size of units from i6lsqm *****88 65 Chuha Street #3905/08 Call the Sole Agents to day
      57 words
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      Page 3 Advertisements Column 2
      81 3 Good America Only United has same day arrivals anywhere in the USA. We are America's Friendly Skies. Our daily morning departures via Tokyo or Hong Kong wing you across the Pacific in time to enjoy the rest of the day in the States. Lunch on the West Coast, dinner on
      81 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Privatisation drive taking hold in Asia
      648 4 From Malaysia to Japan, divestment is the word AP OFFICIALS have given up trying to sell Malaysia's state-owned railroad for Msl, but still hope to turn the debt-ridden carrier over to private enterprise. Philippine President Corazon Aquino has approved 113 stateowned or controlled corporations
      AP  -  648 words
    • Article
      Lock icon World Bank urges major revamp of Indian economy
      320 4 Reuter THE WORLD BANK hat urged India to begin a major overhaul of its highlyregulated economy and replace complex controls on industry with a flexible system to boost investment and production. In a report prepared for a meeting of India's Westem aid
      Reuter  -  320 words
    • Article
      Lock icon Hawke accused of not facing up to economic issues
      311 4 Reuter PRIME MINISTER Bob Hawke has come under attack from the Opposition and the news media, who have accused him of avoiding discussion of the economic problems facing Australia ahead of next month s general election. Reaction to Mr Hawke's policy
      Reuter  -  311 words
    • Article
      Lock icon Managers in China hit out at efficiency contests
      233 4 AFP MANAGERS of model Chineee enterprises say they are wasting time collecting medal» for efficiency, and would prefer political and management reforms instead, the New Chins News Agency reported on Tuesday. Resentment has been brewing among directors againet meaningleee efforts to compete
      AFP  -  233 words
    • Article
      Lock icon 10.5 m voters in Australia
      63 4 Reuter ALMOST 10.5 MILLION Australians are eligible to vote in the July 11 election, an increase of more than 600,000 over the number of voters in the 1064 election, the Australian Electoral Commission said yesterday. There were 9.87 million enrolled to vote in 1964. Enrolment
      Reuter  -  63 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      815 4 ARRIVALS Operator Sarvta Local Hnw 1 From su son 0045 LAX/NTT su SQ315 0440 D*W IC ICJ3J 0655 MAA MAS MH661 0920 KUL MAS MHSII 0910 PB4 MAS MH671 0920 KUL AC 0925 rrz/iHt/iOM SU SQ103 0950 KUL CPA CX710 1015 CGK MAS MH603 1020 KUL GU
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      143 4 iiaaTTanWvlimiTiri V a fj§4 i <HKj I *< *£^1 :W% 4*4.* k ißt& v n M l'*: *7% •>. a* «de« r ~.<r w > "1 <iV -V MM 4A < Will 11 *y •rf. T H ..4, r, ws *> fbeeholp \;w: m m SiS V W, u $>
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      Page 4 Advertisements Column 2
      184 4 flu \I If Ifl If The business person's choice, every I I II I l| I Tuesday, Thursday, Saturday and I 1 /1 X 1 I \l I 1 F Leaving Chongi Airport at JL \-/l Wyl 1 A 22:05 hours and arriving at Lester B. Pearson International Airport the
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon House of Representatives approves US Budget
      314 5 Reuter THE DEMOCRAT-controlled House of Representatives has approved a controversial, defi-cit-cutting 1988 budget that challenges President Reagan over tax and defence policy. Passage of the trillion-dollar budget came on a 215-to-201 vote. The budget, which Reagan does not have to sign, would be the
      Reuter  -  314 words
    • Article
      Lock icon Call for rules on trade secret
      167 5 UPI US PRESIDENT Ronald Reagan on Tuesday directed federal agencies to develop rules protecting trade secrets and other commercial data from disclosure under the Freedom of Information Act. In an executive order released by the White House, Reagan ordered agencies to develop formal rules
      UPI  -  167 words
    • Article
      Lock icon Air travellers to get sky-high world phone link
      185 5 Reuter AIR TRAVELLERS will soon be able to telephone worldwide from their aircraft seat, officials from the international communications group Inmarsat said on Tuesday. The London-based 48-nation organisation told a symposium it was launching an airborne satellite communications system to provide advanced
      Reuter  -  185 words
    • Article
      Lock icon America now world's largest debtor nation
      479 5 Reuter THE US'3 foreign debt more than doubled in 1986. prompting comparisons with heavily indebted Latin American countries and warnings about the economic costs of reliance on foreign investment. The Commerce Department said on Tuesday US foreign debt swelled to U*****.3 billion In 1986,
      Reuter  -  479 words
    • Article
      Lock icon Leading S African businessmen call for more pressure on Pretoria
      397 5 AFP TWO LEADING South African businessmen have called for big business in South Africa to step up pressure on the government to speed social and political reform. Peter Gush, chairman of the Chamber of Mines, said in a speech in
      AFP  -  397 words
    • Article
      Lock icon Ways to hedge against chaos in South Africa
      145 5 Reuter A SHOPPING LIST for the South African investor who has trouble sleeping at night Krugerrand gold coins, diamonds, works of art; e mining shares, companies with assets abroad; and e South African real estate, especially good farm land. The recommendations, a
      Reuter  -  145 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      107 5 How now? You read about our arrival last week. How we're opening two major high technology plants in Jurong. At an investment of SI 52 million. How Control Data is a Ss7 billion computer company. With over 33,000 employees in 50 countries. How we'll be making the world's best selling
      107 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      41 5 Doonesbury THANKS,BOB, 1 APPRECIATE THE SUPPORT. V BEFORE 160, IETAGJUSTSAY ONE MORE 7HIN6. THERE HA/6BEEN A LOT OF PEOPLE TELLING METHATI HAVE TO REINVENT MtSELFFORTHfS CAMPAIGN. WELL, 6EOR6E BUSH POEStfTBELIEVE IN CHANGE FOR CHANGES SAKE! m i i TJ n BUSH
      41 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Bank of Boston in deal to buy Philippine bank
      477 6 Buyers to pay about USs2sm FT THE BANK of Boston and local partners hava agreed to buy Commercial Bank of Manila for around US$25 million in the first full privatisation of a govern-ment-controlled financial institution since President Corazon Aquino came to
      FT  -  477 words
    • Article
      Lock icon Japanese showing renewed interest in US
      460 6 AP A MORE stable US dollar and improved market conditions have helped lure Japanese investors away from Tokyo and back to Wall Street, although the extent of their interest isn't known yet financial experts say. "They're definitely bullieh," said Maria Ramirez, a managing partner
      AP  -  460 words
    • Article
      Lock icon Ex-minister to head Swiss banking commission
      172 6 Reuter FORMER SWISS Interior Minister Alphons Egli will head a commission policing a new cods of bank conduct due to corns into fores on Oct 1, according to the Swiss Bankers' Association. Ths five-member body will both investigats and punish breaches by banks of
      Reuter  -  172 words
    • Article
      OUB's special renovation loan
      64 6 THE OVERSEAS Union Bank will offer renovation loans at preferential rates exclusively to its housing loan customers. The interest ratee are 4.5 per cent for loans with maturitiee of 12, 18, 24, 30 or 36 months, and 4.75 per cent for the 42 and 48 months.
      64 words
    • Article
      Lock icon Call for global settlement system to deal with rising risks
      138 6 UPI THE CHAIRMAN of West Germany's largest bank told the International Monetary Conference on Tueeday it waa time the financial community came up with an international settlement system to deal with the rising risks cauaed by the growth of round-the-clock
      UPI  -  138 words
    • Article
      Lock icon New call to counter debt crisis
      829 6 FT A NEW VOICE has been raised to counter the disturbing trend towards what bankers refer to as "unilateral i»m" in handling ths dsveloping country debt crisis. If it is heeded, it could help to unify the somewhat tattered strategy of banks tor dealing
      FT  -  829 words
    • Article
      Money markets
      52 6 THE OVERNIGHT rate on the Singapore interbank market cloeed unchanged at one per cent yesterday. One and two montha each lost point Three months shed 1/16 point S$ Interbank rates at 7pm yesterday: OffV NO Ow rf I I-mMII 4% 4 I-W* 4% 4» W* 4% 4K OvemigN
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    • Article
      Government securities market
      79 6 Treasury bills Period Itsut Yesterday's doting Day's cod# Moturtty MO OfF® WGH LOW 3 nmnlit 8Q*****F 24.09.87 2.83 273 2.81 2^7 6 rnumtn 8S*****F 24.1247 2.90 2.80 2.88 2.82 Government notes and b ondi 1 Pariod Issue Moturtty Coupon Yesterday's dosing Day's code ro tof*) MO OTO
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    • Article
      Forex markets
      946 6 SINGAPORE: The US dollar closed lower against most major currencies yesterday on heavy selling by Japaneee institutions on nervousness over central bank intervention and forecasts from Tokyo that the dollar would not rise. A US dealer said the dollar might fall to 144.50/75 yen and 1.8225 marks yesterday
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    • Article
      Simex/IMM
      531 6 SEPTEMBER Eurodoller opened five ticks lower st 92.66 in Singapors yesterday and traded to an intraday high of 92.68 before being sold off to s low of 92.61 by mid-morning. The technical gap 92.59 attracted prices lower snd by London opening the September contract slipped further to s low
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    • Article
      Asian dollar market
      175 6 ASIAN DOLLAR deposit rate» cloeed little changed from Tueeday'a levela after a day of dull trading. US) arm no 7 dayt 7 3/» 7 1/4 1 north 7 3/1« 7 1/1* 2 norths 7 3/1« 7 1/1« 3 norths 7 3/1« 7 1/1« «■Mhs 7 3/» 7
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    • Article, Illustration
      World interest rates
      161 6 Interbank market ra itaa (offar/bkf) on June 24 7 4mf 11 us$ 7 7/14 J/H 7 3/14 1/14 7 J/14 1/14 7 S/I 4 3/14 7 11/14 —9/14 1/14 IS/14 •7/1 l/l S/14 3/14 DM SWFC 3 IS/14 13/14 l/» 7/i 3 13/14 11/14 4 1/3 3/1
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      42 6 1986 &1987 Issues Japan Emperor Coins mi 1986 100,000 Gold *****0 V 10,000 Silver SS 370 500 Cupro-nickel SS 20 GOLD 20gm Taisei Stamps Coins (S) Pfie Ltd 177 River Valley Road #01-33 A #02-11 Liang Court Singapore 0617 Tel: *****85/*****22 CUPRO-NICKEL
      42 words
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      Page 6 Advertisements Column 2
      84 6 uwmzni Japanese Restaurar., > Jr s V ■P^ Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16+
      84 words
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  • FOCUS
    • Article, Illustration
      Keeping the light aglow the Asean way
      1612 7  -  A government's role in business The Asean spirit, Dr Chlrayu Isarangkun emphasises, Is glowing and growing. It is up to him, as Thai Minister of the Economy, and his Asean counterparts to keep the light aglow with measures that are meaningful and realisable.
      1,612 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      159 7 Let's get you the Best Deal 7 I K i mm W* 4 A ri. *m Very wide range to suit every budget Rentals from $20.00 per sq.m. ($1.50 per sq.ft.) per month Our experience know-how will help you get the best terms }F*tOr*Angei* G€orge orJßsrmne Widest selection of quality
      159 words
    • Advertisement
      Page 7 Advertisements Column 2
      318 7 A QUICK GUIDE TO SINGAPORE GOVERNMENT SECURITIES In vesting in Go vernment Securities is both safe and flexible. Safe because the Securities carry the credit of the Singapore Government Flexible because through these instruments varying maturity options are available. A quick guide: SAFETY: Government Securities are about the safest investment
      318 words
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  • FEATURES
    • Article
      The blessing in the curse
      524 8 SINCE there is such a thing as a mixed blessing, there should be such a thing as a mixed curse. That had better be the case, at least, for Indian Prime Minister Rajiv Gandhi's Congress (I) party, which has just suffered one of its most
      524 words
    • Article, Illustration
      Is there a need for a Women's Desk?
      1708 8  -  Council wants to be included in major decisions concerning women and the family The urbanised Singapore woman today is getting more ragged than rugged, observe several representatives of the Singapore Council of Women's Organisations. Tugged between work and home, she is now
      1,708 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      202 8 Your property trump card. Richard Ellis Your search ends here 21. CollyerQuay #12-01. Hongkong Bank Building, Singapore 0104 Men and women of distinction always have something rare in common, like a Coram watch on their wrists. For instance, the "Romulus" in 18 carat gold with the "Roman hours" hand-engraved on
      202 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      662 8 CRYPTIC PUZZLE ACROSS 1 Big fight (6) 7 Dice can't be shaken by pure mischance! (8) 8 She feminises Edgar Allan (4) 10 A rolled umbrella! (6) 11 Gruel for the airsick? (6) 14 It's done when shadows fall (3) 16 A deserted refreshment place (5) 17 Vessel upset by
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  • SPORTS
    • Article, Illustration
      Lock icon Lendl and Becker clear round one
      834 9 NYT FROM THE MOMENT he takes those first soggy steps on the grass courts of England, Ivan Lendl feels less like the No. 1 player in the world and more like a survivor. Wimbledon is the vegetable on Lendl's tennis plate, good for his
      NYT  -  834 words
    • Article
      Lock icon Okamoto sweeps past Tarabini
      296 9 AFP JAPAN'S elegant 22-year-old Kumiko Okamoto swept majestically into the second-round of the women's singles on Tuesday when she scored a straight-sets victory over bad-tempered Patricia Tarabini of Argentina. The Osaka-born player, who had to play through the qualifying tournament for a place in the draw,
      AFP  -  296 words
    • Article
      Lock icon Results
      334 9 Reuter FIRST-ROUND results on Tuesday (prefix number denotes seeding): Men's singles: (1) Boris Becker (W Germany) beat Karel Novacek (Czechoslovskia) 6-4 6-2 6-4; (4) Stefan Edberg (Sweden) beat Stefan Eriksson (Sweden) 6-0 6-0 60; (2) Ivan Lendl (Czechoslovakia) beat Christian Saceanu (West Germany) 6-2 3-6 6-3 7-6; Stephen Shaw
      Reuter  -  334 words
    • Article
      Wimbledon just won't be the same
      537 9  -  Jrankly speaking.... WALTON MORAIS AMONG a luminary field that include* the two bast tannis playars in the world today, the absence of a player ranked number eight should not have created much of a stir. Yet, John McEnroe's announcement that he waa withdrawing from
      537 words
    • Article
      Lock icon Bengal dominates yacht race
      107 9 Reuter BENGAL, formerly Australia 111, on Tueaday dominated the first race of the world 12-metre yachting championship, proving that it remains the best light wind yacht in its class. The reigning world champion, being sailed by its former Australian crew for new Japaneee owners, was almost
      Reuter  -  107 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      155 9 If4 ITAI A World of Difference in International Distribution Our service has grown over the years, from strength to strength. Wve extended our deep sea route network and inland transport systems so that we can deliver door to door throughout the world. In the process, we've carried just about every
      155 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1209 9 em mm t THURSDAY FEATURE SPECIAL Remember My Nam* 10.30pm, Channel 5 After serving 12 years in jail on a murder charge, a woman arrives in town to terrorise her ex-husband who has since been happily married. She is arrested when she throws a rock through his window and the
      1,209 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon BAE to buy 72 'world's quietest' cargo aircraft
      504 10 FT BRITISH AEROSPACE has rsached agreement with the Australian-based TNT transport group to buy at least 72 cargo versions of the BAE 146 for about US$l.5 billion. The five-year deal for the four-engined 146-QT, known as Quiet Trsder, is described ss a
      FT  -  504 words
    • Article
      Lock icon SEC silent on Dayton
      73 10 Reuter SECURITIES and Exchange Commission spokeswoman Mary McCue declined to comment on whether the agency was Investigating an offer for Dayton Hudson Corp stock, which was later described as not being bona fide. The SEC has a policy against disclosing whether it is sctively involved in
      Reuter  -  73 words
    • Article
      Lock icon Profit-taking sends Wall Street lower
      402 10 Reuter WALL STREET stocks closed slightly lower in moderately active trading on Tuesday. Analysts said the retreat was not worrisome after an advance stretching over 11 consecutive seesions that took the averages to all-time highs, climbing above early-April peaks. The Dow Jones Industrial Average fell
      Reuter  -  402 words
    • Article
      Toronto
      144 10 JUNK a C 1 Inco 23* Int Pr ov Plpa SO* AbMM 36 -Jt hi int) 26* 36* -1* 22* fc Algoma 811 16 Lobt* w Co 14* Bank Nova Sooda.... 17* .33* Mo«•€ 1 Bfc* 29* 24* Ml Canada 41% Bp Raaourcaa. BraacanO A Camptoi Laka 21* .36
      144 words
    • Article
      Johannesburg
      198 10 jum a MM A Alpha... RAM) WTMALS 1729 Tongaat True! Bk. Un Steal WooNru 1240 240 78 1875 unci* 8 -2 fthairi-.nl Aad 320 1800 4-8 Angtoa 7800 •178 a900 0800 unch unch -20 80 uncft Angvaal ac 2800 500 300 BufMa 6600 C Q SmMh 4400 Charter *****
      198 words
    • Article
      New York
      595 10 jumc a US 1 AJctri AiurrWn 29% Alcoa 53 Allafl Irrtt 15* Alt lad S*o 44* iUU Am Brands Inc. Am Can Co 2* 4$ -X •X Am Cyanamid 52* X Am Elac Pwr 27* J% Am Expraaa 36% Am Homa Prod. Am Motor* Cp. Amax tnc SI*
      595 words
    • Article
      European markets
      610 10 Amsterdam JUNK ABM PU 478 00 +J. lannq 96 50 AhoM 100.20 -13 Atao 148 50 AMEV w w -04 0J Amro Bank. Am Mad 78 JO 124 20 16 10 B0L8 187 W Bor»umt| 123 Bwhcman TMM C«>v« rod* S3 902 -03 Elwvtor 52 10 0.3 Fofckar
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    • Article
      Lock icon IBM bullish on prospects for its PCs
      140 10 Reuter INTERNATIONAL Business Machines Corp's asseesment of its personal computer businsss was surprisingly positive. Wall Street analysts said. IBM, at a meeting for industry analysis held earlier on Tussday. said customsr response to its personal systsm/2 line of PCs has been very strong
      Reuter  -  140 words
  • Page 10 Advertisements
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  • ASIAN STOCKS
    • Article
      Hongkong
      408 11 HONGKONG: The Hang Seng index rose to a record 3.178.98 yesterday after senior Chinese official U Hou denied reports he had said talk of direct elections in Hongkong was against the spirit of the SinoBritish accord on Hongkong. The index rose 68.57 to push past the previous high of
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    • Article
      Taipei
      236 11 JUNE M All Si near* Indus Asia Camant Cathay Cons MT» 4 53 46.80 .67 50 -0 07 -0.9 -1.5 Kuochan Dav Laa Chang Yuan Cham Indua Uan Hwa Indua Nan Ya Piss 32.90 36.50 23.20 42 30 •0.6 -0.5 -1 -1 2 Chang Hwa Bank Chang Loong Chla
      236 words
    • Article
      Tokyo
      358 11 TOKYO: Prices closed higher in active trading yesterday on bar-gain-hunting of stocks linked to the expansion of Japan's economy which have been sold. The market index rose 97.84 to 24,892.75 after earlier rising to 24,999.24. In the previous three sessions it had fallen 1,289.07 points. Advances barely led declines
      358 words
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      Seoul
      108 11 JUNE M WON +A Kai 1436 ***** •12 -100 ***** ***** 500 460 -•-330 -50 -40 -1010 Kia Motor ***** Koton Ind ***** -*-60 ***** Korea Long T«rm 2350 20 Daewoo Hmvv Datahin Sacuritiee ***** 3660 ***** Lucky LM Oriental Brewery... Oriental Cham 1440 ***** ***** uncti 100 500
      108 words
    • Article
      Sydney
      402 11 SYDNEY: Australian share markets closed slightly easier yesterday after a firmer opening on a resurgence of selling pressure in industrial stocks. After a rise in gold prices overnight the share market at first rebounded from the heavy falls of the past two sessions, but by midsession selling of industrials
      402 words
    • Article
      Lock icon Bangkok
      162 11 Reuter BANGKOK: The Securities Exchange of Thailand Index rose 6.91 to 295.33 on a turnover of 3,107,113 shares worth 618.78 million baht. Manila prices were not available JUNE M Ao Kham Thai •AMT Poat PubUaMng Saha Union 207 ...410 1171 10 Ayudftya Invaatman Bangkok Aground 1 330 i4a 4
      Reuter  -  162 words
    • Article
      Lock icon HK to sell controlling stake in HICB
      138 11 Reuter THE HONGKONG Government will sell its controlling stake in Hongkong Industrial and Commercial Bank Ltd (HICB) to the locallybased Oah Sing Bank Ltd. An official statement said the government's wholly owned Overseas Trust Bank (OTB) will sell its 63.5 per cent of
      Reuter  -  138 words
    • Article
      Lock icon Ka Wah Bank Ltd returns to profit after huge 1985 loss
      195 11 Reuter THE KA WAH BANK Ltd. 92 per cent-owned by the China International Trust Investment Corp (Citic). had a net profit of HK$l.94 million for the year ended Dec 31, 1986, against a 1985 loss of HK5541.23 million. It
      Reuter  -  195 words
    • Article
      Lock icon Hitachi to consolidate position in US
      235 11 UPI HITACHI LTD, Japan's top electric machinery manufacturer, will produce communications equipment in Norcross, Georgia, in a move to consolidate its position on the US market. The company said Hitachi Telecom (USA) was established recently to take over its communications business from the telecommunications
      UPI  -  235 words
    • Article
      Lock icon Daihatsu's Canadian joint venture project called off
      163 11 UPI DAIHATSU MOTOR Co has dropped a plan to produce commercial vehicles in Canada in partnership with a Canadian firm because of a poor profitability outlook. A company spokesman said in Osaka that the venture called for the production of four-wheel-drive commercial vehicles
      UPI  -  163 words
    • Article
      Lock icon HK camera firm plans Thai venture
      90 11 Reuter W HAKING INDUSTRIES LTD of Hongkong plans to set up a plant in Bangkok to produce 1.5 million cameras a year. An official of the Board of Investment said 801, which promotes local and foreign investment, was reviewing Haking's application for special tax
      Reuter  -  90 words
    • Article
      Lock icon BNZ says profit target not easy to achieve
      145 11 Reuter BANK OF NEW ZEALAND (BNZ) said achieving its NZ$l75 million profit forecast in the year to March 1968 will be no easy task. BNZ chairman Ron Brierley said the bank faced continued uncertainties arising from economic restructuring and stronger competition from
      Reuter  -  145 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      554 11 2®3! am M X Wit«r« id wiae, dine aai eaterMu Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado. Sate (Satay). spicy Rendangs. Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The
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      Page 11 Advertisements Column 2
      190 11 x ENTERTAINMENT HIGHLIGHTS CvadaScind £\From the Philippines A sensational band that la slow numbers, favourite 4 *9 i 4 V X TC/N The popular I w local soloist For your sentimental moments (CAIHNHILL HOTEL) 19 Cairnhill Circle, S'pore 0922. Tel: *****22 Fri, Sat eve of public holiday: 6pm 2am Mon
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  • COMMODITIES
    • Article, Illustration
      Lock icon Malaysia to go all out against EC oil tax
      608 12 Bernama ES MALAYSIA will seek all avenues available to oppoee the EC tax on vegetable oils and fats, Primary Industries Minister Datuk Dr Lim Keng Yaik says. "In this regard, Malaysia ia adamant," he told about 650 delegates sttending the International
      Bernama ES  -  608 words
    • Article
      Lock icon Call for a new type of palm oil to exploit cooking oil market
      453 12 Bernama ES THERE is a need to come out with a second type of palm oil that is more liquid to exploit the cooking oil market, the International Oil Palm/Palm Oil Conference was told in Kuala Lumpur
      Bernama ES  -  453 words
    • Article
      Lock icon Agreement to study new uses for tin
      229 12 Bernama TWO MALAYSIAN institutions yesterday signed a memorandum of understanding with the Londonbaaed International Tin Research Institute (ITRI) to conduct studies on the diversified use of tin. It includes studies on the use of tin chemicals, particularly those belonging to the class of
      Bernama  -  229 words
    • Article
      Lock icon US oil companies likely to step up drilling
      236 12 Reuter US OIL COMPANIES are likely to spend more exploring for oil in the second half of this year than in the first half now that oil prices are higher, but budgets will still not reach 1966 levels, according to oil analysts
      Reuter  -  236 words
    • Article
      Wheat
      140 12 WHEAT futures closed three to one US cent higher in moderate trading in Chicago on Tuesday as prices retraced some of Monday's losses. July closed up 2!4 cents at $2.62%. Prices firmed in sympathy with higher soybean prices in a general consolidation following Monday's steep losses. Delays in winter
      140 words
    • Article
      Soybean
      142 12 SOYBEAN futures settled 9% to US cents higher in moderate trading in Chicago on Tuesday as prices retraced some of Monday s losses. July closed up 9% cents at $5.43%, and November settled 7% cents higher at $5 59%. Prices opened higher and held midsession highs in a consolidation
      142 words
    • Article
      Palm Oil
      459 12 Crude palm oil futures continued to close lower in moderately active trading on the Kuala Lumpur Commodity Exchange yesterday in line with easier overseas sentiments. The market opened slightly higher but drifted thereafter on selling pressure on lack of fresh developments. It also weakened further as buyers remained
      459 words
    • Article
      Produce Prices
      284 12 Chinese Produce Exchange S«M*n' noon doting pi Juno 24 (SS/100 kg) rtcos on Coconut oil It* FOB 92.00 OW drum FOB 102.00 Now drum FOB 106.00 Copra Mlxod (IoqmI 54 Pepper U, "WW wTWIW FOt NLW 1137 JO JWawQi WTVTV FOt faq nlw 1122 JO Sarawak tpodol Mack
      284 words
    • Article
      Oil and Products
      92 12 PETROLEUM PRODUCTS were thinly talked and barely traded, as the Opec meeting starts today. There was little change except naphtha, which weakened, with most buyers covered for July. WTI fell as the earliest period talked switched to August. Crude (FOB origin) USS/borr* C Dutoo' LMr) 17.28 WW
      92 words
    • Article
      KL Tin
      106 12 THE PRICE of Hn on Mm Kuala Lumpur tin markat allppad flva canta to Msl(.4g par kHo yartarday In qulat trading dua to lack of buying Intaraat daapHa a rtaa In prlcaa on tha European apot mart at. A larga offartng of M tonnaa at tha opantng dapraaaad
      106 words
    • Article
      London Markets
      323 12 London Commodity Exchange Buyot/Soiler dosi Ing prices on Juno 23 (£/toraw unleu specified). Previous doting p ►rice* in porenthesis Coffee Bosh In-store London, tellers option OF London My 1252/1254 High/Low (1220/1222) 1253/1215 Sop 1269/1270 High/Low (1241/1244) 1275/1237 Safe* (3768) Cocoa •My 1318/1319 High/Low (1305/1360) 1333/1309 S*p 1305/1307 High/Low
      323 words
    • Article
      Precious Metals
      290 12 HONGKONG: Gold closed higher yesterday on a round of late short covering after declines in the US dollar on a report that Bank of Japan does not see a further rise in the currency due to the large US trade deficit. Bullion ended at U*****.00/50 an ounce compared
      290 words
    • Article
      Rubber
      136 12 SINGAPORE The market closed slightly lower yesterday with July 1 RSS buyers quoted at 206.75 cents/kilo, down 0.25 cent from Tuesday. On the TSR-20 market prices were hardly changed throughout the day. TSR-20 July and August closed at 175.00 cents/kilo, both unchanged. MALAYSIA The market cloeed slightly lower on
      136 words
    • Article
      RAS and MRELB
      274 12 RAS prices mio M*/kg, FOB in b*4« NOON CLOSE Bwy*n Sellers 8wy*rs Selien Int 1 RSS Prompt 208.50 209.50N 208.50 *****N bit 1 RSS My 87 206.75 207.25 206.75 207.25 Int 1 RSS Aug 204.25 ***** 204.25 ***** Inf 2 RSS OP 199.00 201.00N 199.00 201.00N bit
      274 words
    • Article
      SSR and SMR
      77 12 (caoft/kg, 1 -ton poltan) JULY 87 AUGUST 87 (currant month) (forward month) RAS NOON NOON kytn SoM^rt SSR 20 179.00 181.00N 178.00 180.00N SSR 50 178.00 179.00N 177.00 178.00N MRELB Buywn S*tt*n SMR cv 258SO 260JON 259JO 261.50N SMR L 257.00 259.00N 258.00 260.00N SMR 5 217.00
      77 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      368 12 NOTICES BASSETT ANO OSCAR FABER PTC LTD (In Voluntary Liquidation) At an extraordinary general meeting of Banett and Oscar Faber Pte Ltd held on 16 June 1967, the following Special Resolution* were duly petted: 1. That Banett end Oscar Fabar Pte Ltd be wound up voluntarily and that Messrs Roger
      368 words
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      Page 12 Advertisements Column 2
      394 12 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND WIT SINGAPORE PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE Is hereby given pursuant to Section 306 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the abovenamed Company will be held at
      394 words
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      Page 12 Advertisements Column 3
      194 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND TSUI HANG VILLAGE HOLDINGS (PTE) LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE Is hereby given pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the abovenamed Company will be
      194 words
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  • SHARE INFORMATION
    • Article, Illustration
      Local market ends trading at another record high
      4290 13 THE MARKET CREPT upwards yesterday, with the ST Index again closing at an all-time high. The Straits Times Industrial Index rose 2.44 points to 1.252.42 while the BT Composite Index increased by 2.22 points to 1.124.57. Gainers led loeers by 106 to
      4,290 words
    • Article
      Chief price changes
      238 13 SINGAPORE Rises Indices An 23 J«w 24 S»wg»l M 490 no IT CiwpmlH 1122.35 1124.57 DBS 1410 40 «TO»/OS fS M Mtng Court Mrooe 60S 35 IT CADI -5619 -5590 43* 2* IT l04or*U -569t -S6M UIC 535 25 ITOOV 120*330 *****37 ICS 1040 30 STMwfttak 1249.90
      238 words
    • Article
      Business done on the SES
      4351 13 BID and offer prices officially listed and bustnaaa 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 unleee otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      4,351 words
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  • COMPANY NEWS
    • Article
      Lock icon Bolton Properties' land bank sufficient for next five years
      556 14 Condominium project in Kuala Lumpur deferred MBT BOLTON PROPERTIES has sufficient land to sustain development for another five years, according to executive director Datuk Chong Shih Guan. Datuk Chong told reporters after the company's annual general meeting on Tuesday that the
      MBT  -  556 words
    • Article, Illustration
      Lock icon Island & Peninsular planning to diversify business
      296 14 Island Peninsular planning to diversify business MBT PROPERTY and plantation group Island Peninsular (l&P) intends to venture downstream into the building material trade and property management, chairman Haji Abdul Aziz bin Omar said after the company's annual general meeting on Tuesday. Although he did not specify when he thinks the
      MBT  -  296 words
    • Article
      Sporadic profit-taking brings KLSE to a mixed close
      441 14 THE KUALA LUMPUR stock market finished mixed to fkmer yesterday as bar-gain-hunting alternated with bouts of profit-taking in ffirly active trading, c As in the previous session, most counters were traded within narrow margins. k A dealer said dabblers and investors continued
      441 words
    • Article
      Lock icon Pilecon planning move into electronics and security systems
      260 14 Bernama ES PILECON ENGINEERING BHD ia planning to manufacture electronic products or components for security systems in Malaysia. Speaking after the company's annual general meeting in Kuala Lumpur yesterday, chief executive director Hong Lee Pee said Pilecon had the potential to take
      Bernama ES  -  260 words
    • Article
      APPROVED ISSUES
      93 14 Company RIGHTS ISSUE Marco Polo On*torfiv« <g $100 p*r iter* Eocti right* thor* ha a d*tod»fal* TSI carrying fh* right to sutecrib* on* furth*r ordinory thor* of $1 at $1 *a< Ex dot*: Jufl 16 Books dot* Jwi 25 P*ak Hoo Fi**-for-on* Q 1 00 p*r ihor* Ex-dot*
      93 words
    • Article
      PROPOSED ISSUES
      304 14 Company RIGHTS ISSUE C 1 Holding j 27 *iltion loan ttocta in tha ratio of $3 loan Stock tor ovary fiva ordmory Owta Cora sfcoras hold Ona-for-ona Q $1.10 par shora FAC6 Ona-for-ona $(140 par shorn Fimo M Box Ono-for-two 0 $200 par shora Gaorga Town Two-for-ona $1.00
      304 words
    • Article
      Business done on the KLSE
      2756 14 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 at 1,000 units unless otherwise specified. INDUSTRIALS Ajinomoto (***** Atex Hldg I—l Alcom III2S) 08) 11)
      2,756 words
    • Article
      Selected indices
      125 14 HONGKONG Hongkong Index Wednesday 2057 41 Tuesday *****6 Week ago 2052 01 Hang Seng Index Wednesday 3178 98* Tuesday 3110 41 Week ago 3178 62 All Industrials Wednesday 2567 5 Tuesday ***** Week ago 2621 2 NEW YORK Dow Jones Tuesday 2439 73 Monday *****1* Week ogo 2407
      125 words
    • Article
      Unit trusts
      251 14 Managers' prices MARA-Bumiputra for June 25 Fiat B'putro 6 A5 690 Singapore Unit Trust B'pwtro TKird B'putro 614 468 419 473 T«« Commerce 1.12 1 19* Fourth B'putro 548 553 The Savings Fund 097 103 Fiftto B'putro 364 369 S pore Frog Fund 0 46 050 Si*th B'putro
      251 words
    • Article
      COMPANY MEETINGS
      66 14 BOU8TEAOCO SINGAPORE Limited: EGM at 20 Collyer Quay, #16-00 Tung Centre, Singapore 0104 on June 25 at noon. DATUK KERAMAT MOLDMOS Berhed: 13th AGM at the Langkawi Room, Shan- gri-La Inn, Jalan Magazine, Penang, on Thursday, June! 25, at noon. FEDERAL FLOUR MILLS Bertiad: 25th A6M at 19tfr
      66 words
    • Article
      Lock icon Pan Malayan expecting a tough year ahead
      216 14 Bernama ES SINGAPORE-BASED Pan Malayan Holdings Ltd will have to brace itself for another difficult year as its main activities are in areas where economic growth is not expected to be robust. In his 1986 annual report, chairman Goh Tjoei Kok said that
      Bernama ES  -  216 words
    • Article
      Lock icon Green light for Gold Coin issue
      87 14 Bernama ES GOLD COIN (M) BHD has received shareholders' approval for its proposed bonus issue of one new share for every three shares held. The proposed bonus issue of eight million new shares of Msl each will increase Gold Coin's capital to a level
      Bernama ES  -  87 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      107 14 APPOINTMENTS HOTEL VACANCIES Hotels in China inviting competent and confident personnel to fill the following resident positions:- Financial Controller Asst. Financial Controller Chief Accountant General Manager Resident Manager Laundry Manager Executive Housekeeper Asst. Executive Housekeeper Requirements: Male or female age below 45 Min. 3-6 years hotel experience with at least
      107 words
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      Page 14 Advertisements Column 2
      64 14 LAND DISTRICT 10 Two parcels of prime residential land at Sixth Avenue for sale by tender. Tenure Freehold LotandAree Lot 2601 (126,554 sq ft) Lot 25(57.172sqft)Mukim4 Tender Closing: 400pm on 20 July 1987 Property details of the two sites and tender documents are obtainable from the Sole Agents. Richard Ellis
      64 words
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  • COMPANY NEWS
    • Article
      Sunshine to take part in the running of Beijing hotel
      525 15 SUNSHINE Allied Investments Lid hopee to recover its investment of US$2.5l million in a Beijing hotel project with its share of fees earned from a contract to manage the hotel. In the chocolate manufacturer's bid to diversify. Sunshine Allied is
      525 words
    • Article
      DIVIDENDS ANNOUNCED
      993 15 C arrant b IMIB Mi TaW tar Total tor poywam data ctoaa poyabta •m yoor toat yoor A EiOaipihoi 2%W Jun 5 Jun 17 Jul 3 5% 22% Acma '%TE Jun 22 Jun 29 Jul 31 l%Tf <%TE Asiatic Dov 3% May 6 May 19 Jul 1 5%
      993 words
    • Article
      LONDON STOCKS
      801 15 EQUITIES yesterday met renewed demand following on from Tuesday's late gains, with firmer sterling helping to dispel some of the recent bearish market tone. Dealers said there was evidence of increased UK institutional demand for stocks amid a belief that the market's recent declines, particularly after the lack
      801 words
    • Article, Illustration
      Fresh agreement made for Singapore Fodder shares
      489 15  -  Ng Teng Fong's original deal has lapsed By ELAINE KOH PROPERTY MAGNATE Ng Teng Fong mad* a freah agreement yesterday to buy over a block of Singapore Fodder shares from mortgagee Sim Lim Finance, as the original deal has lapeed. Mr Ng was
      489 words
    • Article
      COMPANY BRIEFS
      119 15 AMBASSADOR Holding» Ltd says its wholly-owned Malaysian subsidiary, Ambassador Oils Sdn Bhd, has increased Its paid-up capital from Ms 2 to $250,000 by allotting and issuing 248,996 new shares of $1 each at par for cash to Ambassador Holdings. Payment for the shares is effected by substantially offsetting
      119 words
    • Article
      Lock icon KL High Court hears application by UOA to strike out petitioner
      463 15 MBT THE HIGH COURT in Kuala Lumpur has heard an application by United Oriental Assurance to strike out the first petitioner from s petition brought against the Company. The petition, which is filed by Wan Abdul Rahim Kamil and
      MBT  -  463 words
    • Article
      Lock icon MMC aims to become a major mining house
      177 15 Bernama ES MALAYSIA Mining Corporation Bhd (MMC) aims to become a major internationally recogniaed mining house dealing in a variety of metals, chairman Tan Sri Nasruddin Mohamad said yesterday. He told shareholders at the company's annual meeting in Kuala Lumpur that MMC
      Bernama ES  -  177 words
    • Article
      Haw Par getting new group GM
      324 15  -  By HOMER CHEN HAW PAR BROTHERS International is hiring Mr Mickey Kon from the Hong Laong group to fill the new poet of group general manager to look for new acquisition». Flush with profits from its pharmaceutical operationa and merchant hanking activities (forex/share market
      324 words
    • Article
      CASH turns in $1.78 m interim loss
      214 15 CONSTRUCTION and Supplies House Bhd (CASH), which made a MS6.B million provision for its properties in the group's 1906 accounts, has announced a consolidated pre-tax loas of $1.78 million for the half-year to Feb 28, 1987. In the previous corresponding period, CASH chalked
      214 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      356 15 HP Inter First Inter First Bank Dallas, NA Dallas, Texas. INCORPORATED WITH UMITEO UAOUTY IN THE U SA) CONSOLIDATED STATEMENT OF CONDITION Dgcggfcgr >1. 1W CONSOLIDATED STATEMENT OF EARNINGS Inlsrset Income (In Millions) Loans US$544 Time Deposits in Banks 41 Funds Sold 23 Investment Securities: Taxable 64 Tax-Exempt 5 Total
      356 words
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  • Article, Illustration
    US planning a better framework for its relations with Asean
    568 16  -  Washington to send out its Trade Representative By CHUANG PECK MING REFLECTING the importance the US attaches to the revival of talks on the Asean-US Initiative, it will send its Trade Representative. Mr Clayton Yeutter, here next month to work
    568 words
  • Article
    Lock icon President Chun fails to win over opposition at crisis summit
    644 16 Reuter SOUTH KOREAN President Chun Doo Hwan failed to win over the hardline political opposition at an unprecedented summit yesterday and the tense confrontation over free elections looked set to continue, perhaps worsen. President Chun held three hours of talks
    Reuter  -  644 words
  • Article
    Lock icon Modest growth likely for Sri Lankan economy
    246 16 Reuter SRI LANKA's economic growth this year will be modest, inflation is likely to rise and foreign reserves will continue to dwindle, the US Embassy said in a report yesterday. "Economic growth should remain modest in 1987," the report said. It forecast real
    Reuter  -  246 words
  • Article
    Lock icon New budget will spur Thai economic growth: Prem
    221 16 Reuter PRIME MINISTER Prom Tinsulanonda said yesterday that Thailand's budget for the fiscal year to September 1968 would help the country achieve high economic growth. Mr Prem said in a speech to Parliament that the 243.5 billion baht (US$9.4 billion) budget contained
    Reuter  -  221 words
  • Article
    Lock icon Poehl to stay as Bundesbank president
    108 16 Reuter THE WEST GERMAN Cabinet yesterday decided to reappoint Karl Otto Poehl president of the Bundesbank, the nation's central bank, when his current eightyear contract expires at the end of this year, government sources said in Bonn. The decision was not unexpected, but a
    Reuter  -  108 words
  • Article
    Lock icon Call for freer trading system in Asean
    212 16 Bernama ES THE ASEAN private sector wants the member governments in the grouping to take immediate liberalisation initiatives towards a freer market trading system in the region. This was the main thrust of proposals contained in a report drawn up by the Group
    Bernama ES  -  212 words
  • Article
    Lock icon More Singapore investors moving to Johor
    230 16 Bernama ES MORE SINGAPOREAN investors are relocating their industries in Johor, citing lower operational costs and abundant land as their prime reasons. Latest to join the bandwagon are two electronics companies. Highlands Electronics and Taiko Electronics. which have just set up assembly plants in
    Bernama ES  -  230 words
  • Article
    Lock icon Trust companies looking to Taiwan for business
    338 16 AFP LOCAL and foraign trust compenias ara planning to offar Taiwan rasidants invaatmant sarvicas abroad whan authoritias naxt month lift foraign axchanga controls in forca for almoat 40 yaars. Thomas Lu, vica-prasidant of Intarnational Invastmant Trust Company, said his company would launch a
    AFP  -  338 words
  • Article
    Comex gold
    92 16 COM EX gold futures yesterday firmed early on buying spurred by the dollar's tumble on comments by the Bank of Japan that it did not see a further dollar rise against the yen. A later clarification by the central bank it did not expect the yen's fall to
    92 words
  • Article
    Dow Jones lower
    67 16 PROFIT-TAKING chipped away at the Wall Street market yesterday morning, spurred by weaker dollar and bond markets amid news that the Bank of Japan did not expect the greenback to rise much more against the yen because of the large US trade deficit. The Dow Jones Industrial
    67 words
  • LATE FILE
    • Article
      Lock icon Kim Dae-Jung freed
      50 16 Reuter LEADING DISSIDENT Kim Dee-Jung was rHuMd from houee arrest by South Korean Preeident Chun Doo Hwan yesterday. Naarly 100 eupportera crowded into tha vetaran dissident's homa in Saoul as police busas began to pull away from tha building for tha first time sinca April 10. Rautar
      Reuter  -  50 words
    • Article
      Lock icon KL to reduce base lending rate
      50 16 Bernama THE BASE rate in Malaysia will ba furthar reducad naxt month to induca graatar invastmants. Daputy Financa Ministar Lofca Yuan Yow said in Kuala Lumpur yaaterday. Tha reduction, if impoaad, will ba tha fourth this yaar and tha fifth in aight months. Barnama
      Bernama  -  50 words
    • Article
      Lock icon Door open for software houses
      40 16 Bernama THE Malaysian government hdl not ruled out computer aoftware development as a possible promoted activity which merits tax inoanHvaa. Daputy Trade and Industry Ministar Detuk Kok Waa Kiat said in Kuala Lumpur yesterday. Barnama
      Bernama  -  40 words
    • Article
      Lock icon Umno Youth move welcomed
      42 16 Bernama THE MCA YOUTH vanguard yaatarday welcomed the Umno Youth executive committee's decision to let the Malaysian government resolve the beleaguered de-posit-taking cooperativea (DTCe) issue inetaad of calling for an extraordinary general meeting of the Umno Youth. Bernama
      Bernama  -  42 words
    • Article
      Lock icon Tokyo to make loan to China
      34 16 Reuter JAPAN, which holds ministe-rial-level talka with China this week, yesterday announced it would make a loan of about 86 billion yen on conceeeional tarma to Beijing. Reuter
      Reuter  -  34 words
    • Article
      Lock icon New guidelines on Tokyo chips
      45 16 Reuter JAPAN'S powerful Ministry of International Trada and Industry announced guidalinaa yaaterday allowing Japan to incraasa production of ksy computer microchips, a ministry official aaid. But the higher output is unlikely to causa prices to fall, industry analysts said. Reuter
      Reuter  -  45 words
    • Article
      Lock icon Guangdong cuts back on projects
      45 16 AFP NO NEW CAPITAL construction projects will be approved this year in Guangdong province. "This step will ensure completion of important construction projects now in progress in the province," said He Kuan, director of the Guangdong Planning Commission, yesterday. AFP
      AFP  -  45 words
    • Article
      Lock icon China warns HK again
      34 16 Reuter CHINA repeated a warning yesterday that political reform in Hongkong must not breach a mini-constitution it is drafting for the British colony, which returns to Chineee administration in 1987.
      Reuter  -  34 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      194 16 Jrtn In He Sarvfca lor iMW m OOQgnUU¥V9Omj aftta aoftwm tool tar conduct- Mtrtfef A T*> jngtachnicaianrtyiß to support Mrar VMflw tXDT D* CempMiarttiittortartdMi Vimt Urn snd motl tar al counlars tradad on flit GMMTMMrK OpenOw on SB. you on start nwnedMtfy Hottf PC/XT or AT and i skmi conduct
      194 words
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      Page 16 Advertisements Column 2
      107 16 Us© your VISA or MasterCard and enjoy these special benefits when you dine at Tung Lok or Charming Garden. Amount spent Below SS3OO SS3OO ***** Entitlement 10% discount on total food bill 1 pint bottle of Otard XO worth 5370 SSSOO and above 1 quart bottle of Otard XO worth
      107 words
  • Page 16 Miscellaneous
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  • SHIPPING TIMES
    • Article
      Shipowners seek solution to tax problems set by US reform act
      549 17  -  By LINDA CHEE SCANDINAVIAN owners of vessels registered in Singapore are pressing for an urgent solution to tax problems posed by the US Tax Reform Act 1986. The big issue in question is a US freight tax on income
      549 words
    • Article
      Lock icon Unemployed seamen in Indonesia seek help from government
      222 17 AFP REPRESENTATIVES of 4,000 seamen who lost their job* after the Indonesian government forced shipowners to scrap vessels over 25 years old have appealed to parliament to find them new jobs. The 12-member seamen's delegation asked parliament on Monday to ease job
      AFP  -  222 words
    • Article
      Lock icon Lloyd's underwriters raise premiums for war risk by 33pc
      165 17 AFP LLOYD'S insurance underwriters in London have increased their premiums for war risk applying to ships going to Kuwait by 33 per cent. The premium has been increased from 0.375 per cent to 0.5 per cent of the insured value, sources
      AFP  -  165 words
    • Article
      Lock icon Pipe project to facilitate palm oil shipments to Johor
      195 17 Bernama ES PALM OIL refineries in Pasir Gudang will be able to use pipelines rather than lorry tankers to move crude palm oil to the nearby Johor Port terminal when the Ms 7 million pipe gantry project is ready. Work on
      Bernama ES  -  195 words
    • Article
      Jumbo misconceptions loom over liner shipping
      1708 18 MISCONCEPTIONS have hovered large and persistent throughout the modern history of liner shipping. In 1960, when Trio and Scan Service (now ScanOutch) ordered vessels of 2,500/3,000 TEU. they were labelled "third generation" even though only a few so-called "second generation" craft (of 1,300/1,400 TEU)
      1,708 words
    • Article
      INDEX TO ADVERTISERS
      654 18 •AiSfcpQ ABC COMOIMI Accord SKpg Alrtco Ocsoa AKtreM rtaM Tp» A«ro Wvks ANl AfC Una AA Asa Atiea Oomo 5oti Conobo UM Bolt Or Mm Um lad UM B6& kyol IM«OI ft«x !«<• Com kw Oc*o» >>kqoI K prmm fc~ong Mn brtort SlA MbKO Or'M Mm S«or
      654 words
    • Article
      Lock icon Fifty still missing as cargo ship sinks off the coast of Sumatra
      173 18 UPI A CARGO VESSEL carrying 162 people tank off the coast of Sumatra two day* ago and rescue teams are searching for more than 50 people missing and feared drowned, officials said. A total of 124 survivors have
      UPI  -  173 words
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      LONDON FREIGHTS
      1111 18 CHARTERING was very quiet throughout tha freight market on Tuesday with very little grain fixing seen out of the US, shipbrokers said. Grain was covered from the Gulf to Kuwait however, at U5434.50 while $14.25 was agreed from the US North Pacific to Taiwan. Elsewhere, shippers arranged wheat
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      CONSORTIA
      173 19 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
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      Lock icon Warrant of arrest for Gucci over purchase of luxurious yacht
      190 19 AFP A JUDGE in the northern Italian city on Tuesday issued an arrest warrant against Maurizio Gucci, the 38-year-old chairman of the Gucci leatherware firm, in connection with Mr Gucci's alleged purchase of a yacht said to be the most
      AFP  -  190 words
    • Article
      Lock icon Brazilian ports strike may get worse
      270 19 Reuter THERE are 15,000 dockers on strike at several Brazilian ports and the situation could get worse, a Brazilian spokesman for the Dock Workers Union said. A meeting was convened in Brasilia between port officials, union leaders and the government to discuss a pay
      Reuter  -  270 words
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      Lock icon Plans to extend foreign currency loans to Japanese shipowners
      213 19 Lloyd's List JAPAN'S Ministry of Transport is planning to extend foreign currency loans to national shipowners who have had their vessels built under the state-sponsored shipbuilding programme. Under such an arrangement through the Japan Development Bank, owners will be able to
      Lloyd's List  -  213 words
    • Article
      Lock icon US, Kuwait investigate sea-mine blasts
      318 19 Reuter UNITED STATES Naval experts are helping an investigation by Kuwait into sea-mine blasts in the emirate's waters amid fears that Iran wants to blockade its oil ports. Political sources said the United States offered help after four tankers, one of them Soviet, were holed
      Reuter  -  318 words
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      Lock icon Soviet courts ordered to apply law on maritime zone
      166 19 Reuter SOVIET COURTS have been ordered to apply a law strictly governing the use of maritime resources in an economic*zone stretching far beyond international-ly-recognised Soviet territorial waters, Tass news agency said. Tass said a plenary session of the Soviet Supreme Court
      Reuter  -  166 words
    • Article
      Lock icon Indian ships will unload relief supplies in north Sri Lanka
      196 19 Reuter INDIAN SHIPS carrying hundreds of tonnes of relief supplies to Tamils are expect to arrive in northern Sri Lanka today under an agreement with Colombo. Sri Lankan government officials said. A foreign ministry spokesman said two ships left the
      Reuter  -  196 words
    • Article
      PORT CONDITIONS
      239 19 ALL SURVEYS are conducted on Juno 1. Argentina Buenos Aires 25 vessels operating. Australia Brisbane Labour shortage; Melbourne Normal operation; Sydney Normal operation. Bangladeeh Chittagong 20 vessels operating. Brazil Santos Normal operation. Cameroon Douala Normal operation. Canada Vancouver, British Columbia Waiting time of up to 1 week. Chile
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    • Article
      No permit needed to immobilise ship's engine
      136 19 MASTERS and agents of ships intending to immobilise the main engines of vessels at anchorage are not required to apply for a written permit from the Port of Singapore Authority The circular takes immediate effect. But the port master has advised those who
      136 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8409 24 MBDM 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
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      SHIPS IN PORT
      399 25 AT CONVENTIONAL WHARVES vwmmm KEPPEL WHARVES ■an h Arrival Departure Auby K25£ olongside 25.06/1500 Chitrol K32 alongside 27.06/0600 Hulin K35 alongside 25.06/0500 Inobokvwo KI7 alongside 2506/0600 Koto fotu K3I alongside 25.06/0600 Maritime Joy K34 alongside 2606/0700 Nehaj Southern Glory v KI8 alongside 2506/2100 K20 alongside 25.06/2300 Taihangshan
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      CONTAINER SCHEDULES
      859 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns. FCL Arrival LCL cargc movement Ship Voy date/thn* Operator > ictwduto Localh Ms Jakarta 8726 25.06.87 1600 Moersk F2 0700-0800 j2 Hermes Acs 50 2506.87 1700 Or Lloyd F5A 0800-0900 P3 E7 Kobirdos 34H 25.06.87 1900 R Jumobhoy F5A
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      BUNKER QUALITY MARKET REPORT
      120 26 AT—/Port aSamc Q/MLaft 1IC VOSIMM Afrtea/Flad Im Jtooan Durban Arabian Gulf 151/179 148/176 0.949/0.974 0.984/0.992 0.1/14 ao/o.2 Roi Tonura L, Eur dpi 125/175 176/178 0.946/0.950 0.976/0.978 0.1 /04 0.1/0.1 loNardom Hamburg U Havr* Genoa Far EmI 31/473 30/445 174/439 38/369 0.956/1.010 0.939/0.992 0978/0985 0.931/0.989 0.0/14 0.0/2-4
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      799 17 Si KM fill How S.E. Asia upset the logical West HILARIOUS TRAGIC. DANGEROUS. Available at all Good Bookshops Gnuc WW/ jAfiSk SHIPPING AGENCIES (Raf. N*. ICM| OOK) 2QD Oil* toad #12-06 SaafeaMt. ti*»|*n OH* Til *****1 TELEX NO IU ***** TDMINAL/CFS T«t *****11 220 BOOK IMS T«l *****34 ZS PCSAKA
      799 words
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      Page 17 Advertisements Column 2
      65 17 [ISMDB MISCONCEPTIONS have hovered large and per* si stent throughout the modern history of liner shipping. Pege II THERE are 15,000 dockers on strike at several Brazilian ports and the situation could get worse, a Brazilian spokesman for the Dock Workers Union said. Pege 111 Index to advertisers N Shipping
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      Page 17 Advertisements Column 3
      552 17 SHE HAD POWER. SHE fF NEEDED LOVE. If SHE WANTED REVENGE. Emma Hartr is W A WOMAN OP SUBSTANCE But what Is the price she has paid? Available at all good bookshop* MAERBK LINE TNe week Awl M CkMtog Tin* CY 1/7 2300 MRS CPS 1/7 1300 MRS Jii.pi u*
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      Page 18 Advertisements Column 1
      357 18 EUROPE/FAR EAST CONVENTIONAL SERVICE TEL: 03-*****50 Malaysia son. bhd. TLX: ***** MTM PT. KLANG W ap UB VSL PT. ot LOG. DATES PT. Kl HERUVI* A vil«* Inwwnghaat Sailed 12/ SAN JIANG KOU Anlwp Sailed 25/ TIN Ayiias MMdtoitouugh I—iigham 29-11/7 121 HnAif Intinam Antwerp TW Baltic pom 13-21/7 24/1
      357 words
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      Page 18 Advertisements Column 2
      18 18 Lines and services represented by Members of the Registry of Accredited [rff/Siwlt Shipping Agents. Singapore National Shipping Association.
      18 words
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      Page 18 Advertisements Column 3
      246 18 OUTBOUND TO NORTH AMERICA SENATOR LINK LOADING DATES EF m O«J7 «.«7 11.07 14.07 ef m vua nsa nsa mjb UW BJI fOM HJI ef m vut vut nm »m 15J7 17 J7 a.« 7 3U7 UJI UJI 25 Jl JJM ai vi u« 11JI 2LM BJI ACCEPTING CARGO TO
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      924 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok FfcOCLm P&O Containers Limited ion PEGASUS PHIOC V4BN PEGASUS PRIDE V«7N m jiM-a M 0-M BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 BINTANC SUIA* AU BY RAJAH BROOKE STRAITS PRIDE VUE
      924 words
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      Page 19 Advertisements Column 2
      725 19 CHA RGEURS REUNIS f* r »iN< .APOPf f NQUIPIF s r f S 404 1 A Optorg Shipping Pte. Ltd t E L MA Mr-acc.*. II '1 I Tor* *»-Mnq 3*1*7001 3 Prtalmq J.»ya *****91-/5 Pcn.mq i? 45 SABfiEN" %AS ARGfN T WE NATIONAL L'NE S O EST MO LA
      725 words
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      Page 20 Advertisements Column 1
      293 20 CONTAINERSHIP SERVICE TO UK'CONTINENT CONIVISEMI CONTAINER SERVICE TO EUROPE CONV'SEMI CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT Agents Singapore *****66 K. Lumpur *****25 Booking *****78 P. Kelang *****18 Freight *****00 CFS *****50 CFS *****48 Penang *****7, *****2 Terminal *****33 *****3 mm r A SOUTHEASTASIA PTE. LTD. 1
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      Page 20 Advertisements Column 2
      627 20 JCSlihe FULLY CONTAINERISED SERVICE [TO f UROPE VIA SUf 1 S Mfmhfr ol thf »Cf Comaliufr S port LtHarrt R'dam Fstowa H'burf B'havwi Antwp CHINA CONTAINER «W 1/7 20/7 21/7 22/7 2S/7 2S/7 21/7 NEPTUNE CRYSTAL 4W S/7 27/7 21/7 29/7 1/t 2/t 4/1 VERRAZANO BRIDGE I7W IS/7 3.1 4/1
      627 words
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      Page 20 Advertisements Column 3
      453 20 K&S LINE JAPAN/HONG KONG/STHAIIS SfcHVllfc SANKYO LINE (S) PTE. LTD. 143 Oc< Street #10 04 GB B<4<Wif Spore 0106 Irt ??19?SS Port *elan |||J Pmi Sdn Bhd IH 03 5 Penjnj Malaga (i de K Ifansport lid lei 04 61/893 Pjs» Gudj.if Maijysun Shipping Ajeocie} Sdn Bhd Tel 07 *****0
      453 words
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      Page 20 Advertisements Column 4
      990 20 >1 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/f-E) s e UH M 14* 11* ll* an a* a* an a* ALSO ACCEPTINC CARGO TO EMUM"™" I**1** m n FH,UM)amA «CMONVILU. 2) ATLANTA, CHICAGO. DCTROIT, COLUMBUS A OTHER MAJOR ■CHOMtM DESTINATIONS --u*a*a*M*i**i*,«, an an wiwiviuflufliw H* 4AMMZMWIIMIM 'U 1W 1« 1M M W
      990 words
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      Page 21 Advertisements Column 1
      481 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL HOT A SMQA MAJAPAHIT OOWA MURORAN (HOKKAIDO) *HTC HITACHI INDONESIA CONTAINER SERVICE VESSEL KOTA SMOA SEA HAWK SEA DRAGON SEA HAWK VESSEL VOV SIN SSY SMO SIN BLW REN SEA FORTUNE
      481 words
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      Page 21 Advertisements Column 2
      194 21 rr* &NORBUL NOPBULK CARGO SERVICES LTD. If* 3 REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICE TO: UK/CONTINENT PORTS TO INDIA/PAK/RED SEA PORTS SPORE MARATHON UNITED AGENCY PTt LTD TEL 72XM W MALAYSIA SP YEO SHIPPINC 4 TRADING KL TOTU4* P* *****01 PENANG TANJUNG MARINE SDN BHD TIL &***** SABAH TRANSPAC K
      194 words
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      Page 21 Advertisements Column 3
      695 21 I BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT City of Uinfcurf* Kitano Mini by T«*y« by UP UP ap ap an ap is u 11* IJ4 vn im an an an an W VI m tn 1V» 17/1 up up ap ap ap is tn tn tn un un an
      695 words
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      Page 21 Advertisements Column 4
      530 21 DJASAGETRI A Joint Europe Service Of. P.T. DJAKARTA LLOYD FX 6ESURI LLOYD p.t. umam inponesia p.t. trikora um EXPRESS SEMI CONTAINERSHIP SERVICES in VtSStUVOY SPORE KUTAI/12WB 30^-2/7 S. PANJANGISWB 15-17/7 CAN DA BHAKTIOWTB 21-23/7 ANTWERP BILBAO BREMEN A'DAM/R'DAMH BURG ifi V» 13/1 15/1 21/1 24/1 27/1 20/1 26/1 Bub|act to
      530 words
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      Page 21 Advertisements Column 5
      424 21 BOUSTEAD SHIPPING AGENCIES M. HAGWE M AN VU2W PAGAN VUSM AVA VK BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok i\m 23/25 Jun 2/4 Juty 12/15 iuty Ducharpnf only Loading for turop* 5S BANK UNE TAMAITAI SAMOA V.ION FORTHBANK VI9N IVYBANK VI9N MEADOWBANK VIIN
      424 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1251 22 K"LinE SHtPPIfIG-DPITfI ATLAfITIC COAST (Round-The-World Service) •PK/PNG SPORE LB CHLS 0. FREEDOM Vl4 Sid 26 Jun II Jul 28 Jul 0. FAITH V 3 27 Jun 3 Jul 25 Jul 4 Au| 0. FRIENDSHIP V 3 4 Jul 10 Jul 1 Aug 11 Auf •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL
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      Page 22 Advertisements Column 2
      240 22 Accapdnq LCL and South Africa Direct to S'pora Durban P.Elii 2S* 10(7 10-7 23,7 NEDLLOYD COLOMBO 322* OSAKA MARU 3334F P.Eli* C Town Durtan MAYAKAWA MARU 3832 C NEDCRBURG 3154G SM SW 5/7 JAR DINE SNIPPING AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAD #12-06 SOUTHPOINT. SINGAPORE 0201 tat *****11 TELEX
      240 words
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      Page 22 Advertisements Column 3
      650 22 UP AUSTRALIA EXPRESS CONTAINER SERVICE AecapMng FCL/FCL Containers fmdm P ftrimt Lrar ltu»I S port IMb Frwn S)pOn Ate Acctots "CHANDIDAS" VX IMy IS Mr 2* Mr 22 My AM/Bnt ESTECLIPPfR Vl5 10 Mr "KABIROAS" ¥J5 20 Mr 3 Au» 12 Au| 10 Auf AM/Bm CALABAR *.38 25 July RAMOAS"
      650 words
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      Page 22 Advertisements Column 4
      635 22 GOLDEN LINE W3 0\ GUAM GUAN SHPPMG (PTE) LTD 1 4 UMTOK IIM m U4J9U (II LBB) Far SMS STRAITS/PERSIAN GULF SERVICE: Soort fkh^Pm GOLDEN WON OCR Cotanto/Kafacfci/Dubai/Dananam 14/15 My 601OCN BEAR Cototnto; Kar act* %la*at Brivaifi 21/2S Juty CHINA SERVICE A VESSEL Htinkani/Stonflw Wl2 Jirfy— CHINA OCEAN SHIPPING CO.,
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      Page 22 Advertisements Column 5
      394 22 t nursaay, june PHIL HRON SHIPPING AGENCIES PU I JO PHIL I ORIINI IINfS Plf UP HI (iKICt bj ROBINSON POAD aO7 MROASI* Hi 111 PIN r ,!NG»p(*i OlOf. id :nM?? > i i iff II in RS ;*??0 PHIP f»» _>?SV6'6 MIDDLE EAST/FAR EAST FCL LCL SERVICE VESSEL ETA
      394 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      764 23 NEPTUNE AGENCIES PTE LTD ft EU/AUST TPA/SCA Ttrmcful CFS BOOKINGS *****53 »»0 221*2 mixa 279U19 279M16 27*111 27*1<1 NEPTUNE ORIENT LINES LTD ST K3S»» J.Bahru NEPLINE SON. BH FM EJUT/HMK FBUY CONTAMEMSd TO EUROPE/UK (Vl* SUEZ):! s I C CONTAINER 40W+ (29*) 1/7 20/7 21/7 22/7 25/7 N CRYSTAL 4M..
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      Page 23 Advertisements Column 2
      134 23 u TflYO SHIPPING LINES PTE LTD TIL ?2«J6?5 (3 lln»») TLX RS SSIOI T A YOIN VESSEL ETA ETD DESTINATION PIYA I 27/7 31/7 KRABI/COLOMBO A VESSEL 27/6 3/7 PORT KELANGi BE LAW/I SINAR MEGA 2/7 4/7 PEKAN BARU/DUMAI A VESSEL 28/6 2/7 BATAM A VESSEL 30/6 3/7 SEMARANG/SURABAYA REGULAR
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      Page 23 Advertisements Column 3
      365 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON 1 S PORE Atf NTS HEPTUNf AGfhCIES PTE LTD Tel 27»112.27»*34 *****22 (Operation.) *****67 7XKU (Terwnji) *****50 *****04 (CFS) MALAYSIA AGENTS TUNAS SETIA SDN BHD *1 T»l 2'4oV*> 2;40«7 Pk T.l fettSM JMW.T fcgo** PEN Tel
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      Page 23 Advertisements Column 4
      689 23 SINSOV" SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG MESSRS NAI THONG SHIPPING 127 FW« Strt* Ptntn. Mjlaysu PENANG. TM: *****4/*****8 T«tei MA ***** R
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      Page 24 Advertisements Column 1
      392 24 SINGAPORE SHIPPING CORPN.(PTE) LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD VEB DEUTF RACHT SE EREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE IQE2SJH1 E***** iO CB2 EG3 Q233 Qufll l.: K" IfETTMfI 1' IV 'I'JMEaT—ETTTMI •VIA COLOMBO: Accepting cargo tor INDIA Bombay, Cochin Madras,
      392 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      157 24 a i Regional Weather 51 r A a SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots LEGEND: R Thunderstorm Temperature °C y Shower Weather Wind direction with speed in knots Rain Cloudy Sky Wave height Sw**®® wlwh an Indicated by arrows which
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      Page 25 Advertisements Column 1
      230 25 mm m Will CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR 0M*****/4, (***** 07-*****8, *****1. *****5 07-*****1, *****3, *****5, *****0 02-*****22 242U88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE rrrr fTTT rrr rm rr-77 OTHER DESTINATIONS: AARH BREMERHAVEN, COPENHAGEN 28£L**51W! ANTWERP, BASLE, BREMEN COPENHAGEN, HELSINKI.
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      Page 25 Advertisements Column 2
      202 25 MN CONTAINER LINE IRA 28 6 T0: LA LB OAK/SF, N.YORK 5/7 LA/LB, OAK/SF, N.YORK ACCEPTING LCL/FCL TO ALL PORTS/lh TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO; DAKAR, CONAKRY 27/6 29/6 ABIDJAN, LOME 2/7 5/7 CONTONOU, DOUALA LIBREVILLE, PORT GENTIL P. NOIRE, LUANDA Bookings MAC-NELS AGENCIES PTE. LTD. MAC-NELS
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      419 26 JK» FARGO SHIPPING COMPANY (PTE) LTD. *T~ REGULAR EXPRESS FULL CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From USA/CaruKiaL/Europ«/Medtterran«an Vsl TUT EXPRESS E. HUDIG BRUSSEL ANTWERP |Efg?MigaigM 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49
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      Page 26 Advertisements Column 2
      493 26 AJL Af«i< A OftA* LINIS Lid. mwwmMmsrrmz ACCEPTING FCL/LCL A BREAKBULK TO: LAGOS/ APAPA, PORT HARCOURT, WARRI, CALABAR, SAPELLE, TEMA, CONAKRY AND OTHER WEST AFRICAN PORTS VESSEL CARRIBBEAN EXPRESS M/V EKESOS ETA SPORE 9/7 6/8 COLUMBUS LINE REEDEREI GMBH A (A SERVICE OF HAMBURG SUD) EXPRESS SEM»-COWTA**R SERVICE TO TAMAITAI
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      Page 26 Advertisements Column 3
      10 26 lif flp.-uf HRK>I IMt !>W .Mlf'l'lN.. f'll III! KMX s<s •:>
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      Page 26 Advertisements Column 4
      282 26 0 *1 VP ymmemmJ [WH. Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER GLORIA PEAK VOY. SWA34A OCEAN ELITE VOY. EAA34A SUBJECT INDUCEMENT Port Louis. Reunion Mombasa. Daressalam. Tang a Beira, Tamatave AFRICA'S ALTAI MARU V.WAB 27A RIVER GURARA V.WAA 30A Rmks: Subject Inducement. 13 Jul P. Noire. Abidjan, Monrovia. Lome. Contonou.
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