The Business Times, 18 August 1987

Microfilm: NL15925
Total Pages: 28
1 28 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, AUGUST 18, 1987 75 CENTS
    12 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    192 1 Over—aa markets HK Hang Song Indox *****6 (-1.49 Tokyo KMckol Avorogo *****.88 (-115.13) Sydney AN-Ordinartos 2111.1 (-3.4 Friday Now York (Dow Jonos) 2700-57 31.25) London (FT 30 Index) 1785.3 6.7 Simex DM (Sop)0J343 51) Euro-$ (Sop) 92.58 (-3 Yon (Sop) 0.*****9 97) Pound (Sop) 1.5870 140) Nfckoi
    192 words
  • Article, Illustration
    Profit-taking sets market back by 27.11 points
    280 1 WIDESPREAD PROFIT-TAKING in blue chips led the market to close sharply lower in light trading yesterday. The ST Industrial Index fell 27.11 points to 1,449.28. Dealers said the recent spate of good news had already been discounted and most investors preferred not to
    280 words
  • Article, Illustration
    Chinatown Centrepoint tender attracts many Chinatown Centrepoint tender attracts many
    560 1  -  Closing date extended to Aug 24 By LISA LEE AN UNEXPECTEDLY large number of developers are eyeing Chinatown Centrepoint, the stalled hotel and shopping project in the heart of Chinatown once owned by beleaguered property developer Ho Kok Cheong. Tenders
    560 words
  • Article, Illustration
    Transmarco confirms sale of Hour Glass for $11m
    257 1 TRANSMARCO LTD has accepted an offer to sell The Hour Glass Re Ltd for $11 million to its founder, Dr Henry Tay Yun Chwan, and his wife. Madam Chan Siew Lee, who is known in the business as Mrs Jannie Tay, confirming
    257 words
  • Article
    Lock icon 'Malaysia taxing oil industry too severely'
    198 1 Bernama MALAYSIAN taxes on the oil industry are "too tough and stringent", says Dick Reid, president of Exxon Company, International. "We hope that there will be some changes made not only for our sake but tor the sake of the industry and Malaysia," he
    Bernama  -  198 words
  • Article
    Lock icon Mahathir warns elitists against interfering with his administration
    453 1 AFP Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday warned elite groups against interfering with his government after a conference called for a major review of his administration's policies. .Elite groups could present their views on issues to his administration
    AFP; Bernama  -  453 words
  • Article
    Big Four rush for business in CPF-approved unit trusts
    406 1  -  By ALVIN TAY Banking Correspondent A SCRAMBLE for clients ha* started among the Big Four local banks following the inclusion of their respective unit trusts as approved investments by the Central Provident Fund last Tuesday. Both the Oversea-Chinese Banking Corporation and
    406 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      74 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Special Thai Shark's Fin cuisin e Plaza Hotel Our Special jfe Thai Shark's jfcj j. Fin cuisine is here to stay. You can now have the same delicious fare at our elegant Seafood-Theatre Restaurant Braised Shark'§ Fin Soup with Crabmeat, Spicy Seafood Combination and
      74 words
    • Advertisement
      Page 1 Advertisements Column 2
      294 1 FuN report, Page 14 Regional markets, Page 16 RAPID CHANGES in company law "means more law and Inevitably more problems and inconsistences thrown up," says Andrew Hicks, senior law lecturer at the NUS. HOME NEWS, Page 2 STANDARD CHARTERED Bonk is working hard to interest its corporate customers in dealing
      294 words
    • Advertisement
      Page 1 Advertisements Column 3
      75 1 Women in banking A DECADE and a half ago, few women could be found in banking and finance because this male-dominated circle thought it wiser that women stay at home and have babies. As they say so often now, times have changed and most women managers are found working in
      75 words
    • Advertisement
      Page 1 Advertisements Column 4
      166 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC THE WRONG CHAIR CAN TURN A CUSHY OFFICE JOB INTO BACKBREAKING WORK. Silting with a hunched, rounded back ploces a strain on the neck and shoulder muscles and leads to pressure on the decs of the spine. The result, all too often, is backache, especialy
      166 words
Page thumbnail Page 2
  • HOME NEWS
    • Article
      Caution on pace of law changes
      408 2  -  Company law reform: Lectured praises alertness but warns about pace of amendments By SOH HANG KENG A LOCAL law lecturer has warned of the adverse consequences of the rapid pace of company law reform. Rapid changes in legislation "means more laws and inevitably more
      408 words
    • Article
      'Singaporeans must treasure national identity'
      338 2 SINGAPOREANS should treasure their national unity and strive to become a more united people to bring the country to higher achievements. Mr Ho Kah Leong, Senior Parliamentary Secretary (Communications Information), said this at the National Day celebrations of the Ulu Pandan constituency at its community
      338 words
    • Article
      Catch the Manipuri dancers in action
      97 2 MAWURI, a dance from northeast em India that la not normally eeen in Singapore, will be performed tomorrow night at tie PavWon Inter-Conti-nental Hotel (Royal Pavilion Ballroom), at tpm. The performance is part of the celebrations lor the 40Bi Anniversary of India's Independence. It
      97 words
    • Article
      MEMO-PAD
      538 2 Seminars and courses DURATION TITLE VENUE OtGAMStX Aug 27-26 The Secretory in CU4 1 v^onrerenc# Singopore Monogement T odoy Room Institute of Aug 27-28 A Proctkol Approoch SIM Conference Singopore to Survey Reseorcti Room Institute of Aug 26 R&D Seminor Series Science Council Science Council Biochemical Conversion of Singopore
      538 words
    • Article
      PR firms to highlight need for emergency preparedness
      191 2 PUBLIC EDUCATION on the need for emergency preparedness and exercises. including civil defence, will be given a booet with the help of advertising and public relations consultants. The Ministry of Home Affairs has appointed J Walter Thompeon, an international advertising agency. and
      191 words
    • Article, Illustration
      Adam Road dealer and BP tussle over meaning of 'status quo'
      435 3  -  By PAUL GOPAL A NEW ROUND has started in the tussle between BP petrol desler Tom Gwee and the oil company, this time over what is meant by the "status quo". As BP officials were handing over the station
      435 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      251 3 CHRISTOPHER JOHNSON has been appointed a director of Kleinwort Benson (Singapore) Ltd and will head the banking department for the Asean countries. Mr Johnson takes over from NEIL TAYLOR, who returns to the bank's London head office. A graduate of Cambridge University, Mr Johnson was formerly responsible
      251 words
    • Article
      Parliament sitting
      22 3 PARLIAMENT will sit again on Monday, Aug 31, the Clerk of Parliament announced yesterday. The sitting will begin at 11am.
      22 words
    • Article
      Blood donation drive
      134 3 THE ASSOCIATION of Women for Action and Research (Aware) is organising a blood donation session for its members and the public on Thursday. The session, which is organised jointly with the Bukit Mersh branch library, is in response to the appeal by the Blood Transfusion Service to
      134 words
    • Article
      Asean and the EC
      92 3 A LECTURE on "Asean and the European Community: The Development of Economic and Political Relations" will be held on Aug 20 at the RELC Auditorium. The lecture will be given by Or Otto Friedrich Wilhelm Graf Lambsdorff, former Federal Minister for Economics of West Germany. He
      92 words
    • Article
      Air traffic growth at Changi on the rise
      426 3  -  Final figure likely to exceed projections By UM SOON NEO AIR TRAFFIC at Changi Airport both in terms of passenger movements and cargo handled seems poised to surpass official projections for this year. Already, statistics for the first seven months of this
      426 words
    • Article
      SGS head to talk on productivity
      211 3 DR PASQUALE PISTORIO, president of the Italian electronics group SGS, and chief executive officer of the newly merged SGS/Thomson Corporation, will deliver the 1967 Singapore Productivity Lecture. The lecture will be held at the World Trade Centre Auditorium on Tuesday, Sep 1, from 9
      211 words
    • Article
      Contest for best in-house newsletter award
      181 3 ENTRIES for the 1967 Best In-house Newsletter Awards Competition are now open. Organised for the fifth year running by the National Productivity Board, the competition will see some of the best newsletters in Singapore vying for the various awards. Entries for the competition will
      181 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      298 2 Second R\n rcific IfcIMUiIJIII9I (CftUMCI EMEHN SHB Held concurrently with Singapore Informatics 'S? Singapore, August 2(r29,1987 Program and Keynote Speakers WEDNESDAY August 26,1987 The Search for the Ultimate Personal Computer Alan Kay, Apple Fallow, Apple Computer Inc. Technology Trends Exploring Commercial Possibilities Patrick McGovern, CEO. International Data Group The information
      298 words
    • Advertisement
      Page 2 Advertisements Column 2
      82 2 We are celebrating 5 years of business and personnel related services. Permanent Recruitment Technical and Engineering Temporary Hire" Drafting Services Secretarial Office Staff Computer Personnel Seminar Management Services Business Communication Centres at: Tai Pan Ramada Hotel The Glass Hotel w® wwi to man* our ononis ana »mi n wnjaport, Bruno,
      82 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      95 3 Prompt pick-up anddelivery 24 hours a day f0 That's right! Vbo can have the Southern Seas, the Padang and Raffles Place, and of course, historic Singapore. Whole-floor offices of 10,000 sq ft Parking-more than 700 lots Reasonable rental •i» •ti i. 'ii s I Shaw Towers Owner Principal Agent Gofchn
      95 words
    • Advertisement
      Page 3 Advertisements Column 2
      126 3 A BRAND NEW HYATT. A WHOLE NEW FEELING. i JUT I r M V t* &m 1. »?s- r~ WV-'T? tit ft -iV y -,rT4W ITT ■B 1 ■f ¥f I ik !c v .1 111 Mr 11« U t«. I lill'J .11 ll\.!" Kl'L'.li- II- '11' l\tM)L r MIkV
      126 words
Page thumbnail Page 4
  • ASIA-PACIFIC
    • Article
      Lock icon Aussie unions hit out at privatisation plans
      426 4 Proposed sale of state corporations threatens party unity Reuter AUSTRALIA'S powerful trade unions, s strong political bass for Prims Ministsr Bob Hawks, yestsrday threatened to go on the offensivs if he preessd shsad with privatiaation plana. Ths Austrslian Council of Trads Unions (Actu)
      Reuter  -  426 words
    • Article
      Lock icon Lange makes an end to traditional weekly press meetings
      154 4 Reuter NEW ZEALAND Prime Minister David Lange will no longer hold the regular weakly news conference that made him one of the world's most accessible and widely-quoted leaders. Mr Lange, who was re-elect-ed last Saturday for another three years, said yesterday:
      Reuter  -  154 words
    • Article
      Lock icon Pakistan accused of aiding Sikh terrorism
      501 4 AP INDIAN PRIME MINISTER Rajiv Gandhi on Sunday accused Pakistan of fomenting Sikh terrorism and smuggling stolen technology end msterisl to build nuclesr weapons. He expresssd satisfaction with the 2%-week-okJ peace accord with Sri Lanka and ssid he was confident that peace will be
      AP  -  501 words
    • Article, Illustration
      Lock icon Meese opens Sino-US law conference
      157 4 AP AMERICAN Attorney General Edwin Meese 111 opened a threeday Sino-American conference on economic law yesterday by saying that adherence to law is an "indispensible precondition" to commerce and prosperity. Meese was addressing some 900 Americans, including about 600 lawyers, and 660 Chinese legal and
      AP  -  157 words
    • Article
      Lock icon Manila seems undecided on plans for privatisation
      387 4 Reuter THE PHILIPPINES appears to be wavering in its ambitious privatisation program, sending negative signals to foreign investors, an analyst said yesterday. Peter Wallace, president of the Australian Chamber of Commerce in the Philippines, told Reuter that potential investors were irked by a
      Reuter  -  387 words
    • Article
      Lock icon Opposition seeks to oust Ershad
      284 4 AP OPPOSITION GROUPS in Bangladesh on Sunday announced plana for a massive protest rally in October to force the ouster of President Hussain Mohammad Ershad's government. "We have asked millions of people from across the country to stream into Dhaka on Oct 7 to force
      AP  -  284 words
    • Article
      Lock icon Flash in the pan for anti-MSG campaign in Hongkong
      329 4 AFP IN A NARROW ALLEY in Hongkong's bustling Wanchai district Ma Wlng-kok stirs s spicy Chinees dish in a hugs blackened wok, then sprinkles in a controversial flavour enhancer, locally called meijing. "What'a wrong with rrfijing, doesn't it maka food taatier?"
      AFP  -  329 words
    • Article
      Lock icon Thailand to develop own computer software
      110 4 TNA THAILAND will soon develop and produce It* own computer software for microcomputers to help save aeveral million baht spent on the annual imports of software. Deputy Minister of Science, Technology and En- ergy Bhichit Rattakul said yeeterday that Thailand needa to initiate such
      TNA  -  110 words
    • Article
      Lock icon Fiji's civil servants warned of a 15pc pay cut
      179 4 UPI FIJI 18,000 government workers heve been warned they will have to take a 15 per cent pay cut unlesa a dispute with four public service unions is resolved. Talks between unions snd the government on a pey cut have been
      UPI  -  179 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      861 4 ARRIVALS Operator S#rvict numb*f Kmc From SA CPA MAS MA GU SU SU SU THAI AJ MAS GU SU StA su GU AY SU SU GU urr GU SU SU SU THAI GU sv GU THAI CPA KIM < SQI03 CX710 MH603 M421 GA960 SO 105 SO
      861 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      91 4 i s>> «■<« !+K-»-r*» »'<• vf 1 -•< I LUNCH 12 noon 2.30pm LUNCH SUPPER I 11.00pm 3.00 am I 1 i +-rf* -4 It t s f'-t.'H •>- I «.W > /-j- rr ..t I I ,wi Lunn COFFEE HOUSE Five outstanding Nonya buffets around the clock. Anytime is
      91 words
    • Advertisement
      Page 4 Advertisements Column 2
      60 4 f| \l Jf rI V The business person's choice, emy I I I II 1 Tuesdoy. Thursday. Soturdoy ond I 1 II \1 I I 1 I Sundoy. Leoving Chong. Airport at JL 1 X V-X 22:05 hours ond omvwg at Lester B. Pearson International Airport the following day. Coll
      60 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      29 4 Doonesbury ».i>..tcaeKAuxiMMsim MLL HAPPEN DURING THE HARMONC CONVERGENCE, BUTTHERE wmmw& ¥t S wti\ «I m MJ i i "*z: BY GARRY TRUDEAU *£fU+ *.V A > A m a r
      29 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      46 4 Singapore OUTLOOK: town iWittl IftM In longfcofc ••port lor 24 730pm on Rainy days Ma i New DaM Nw York Rio 'Jonoiro Rom* San Frta'co San Juan ?n|j[ J i JL |i jannayo Soo Powte Soowl Sydnoy Tolpoi Tol Aviv Tokyo Toronto Vanoowor Vlonno Worjow ▼TOirMnyTOn
      46 words
Page thumbnail Page 5
  • REST OF THE WORLD
    • Article, Illustration
      Hot-air house balloon takes to the skies
      40 5 AN EXPERIMENTAL house-shaped balloon In Quebec sets itself apart from other types off hot air balloons at the nine-day Upper Richelieu Hot Air Balloon Festival which drew 115 balloons from nine countries. Reuter
      40 words
    • Article
      Lock icon US Gulf presence 'not an open-ended commitment'
      468 5 UPI PRESIDENT REAGAN's National Security adviser says the United States' beefed-up military presence in the Gulf 'is not an open-ended commitment'. Mr Frank Carlucci, in an NBC television interview, defended the administration's Gulf policy as well as its decision not to invoke the
      UPI  -  468 words
    • Article
      Lock icon Newly-legalised Moscow markets meet with mixed success
      340 5 Reuter A HANDICRAFT FAIR held in Moscow on Sunday under a new law was a mixed success, with some markets bustling and others empty. The Moscow evening newspaper Vecharnyaya Moskva last week published a list of 32 fruit and vegetable markets and other
      Reuter  -  340 words
    • Article
      Lock icon Miners' strike moves into second week
      491 5 UPI MILITANT black miners yesterday took South Africa's biggest strike into its second week vowing to defy a back-to-work ultimatum that could trigger mine closures. But officials of the National Union of Mineworkers (NUM) agreed to meet negotiators of Anglo American Corp (AAC), the
      UPI  -  491 words
    • Article
      Lock icon NY group defies anti-apartheid wishes
      319 5 AFP A NEW YORK-BASED organisation of young business executives will defy the wishes of anti-apartheid groups and some US Congressmen by holding a meeting in South Africa, the group said. The Young Presidents Organisation (YPO) an international grouping of about 5,500 business leaders who became
      AFP  -  319 words
    • Article
      Lock icon Other forms of fife may exist
      182 5 UPI AN ASTRONOMER says she has discovered the first interstellar molecule containing phosphorus significant because it supports the possibility that other forms of life could exist in the universe. Lucy Ziurys, a post-doctoral researcher at the University of Massachusetts, said she first detected the
      UPI  -  182 words
    • Article
      Lock icon Call to end death penalty
      189 5 AFP A PROMINENT Soviet jurist has pleaded for the abolition of capital punishment in the Soviet Union and the repeal of an article outlawing "anti-Soviet agitation and propaganda". This article of the penal code was "morally outdated", Mr Alexander Yakovlev, departmental chief of the Legal
      AFP  -  189 words
  • Page 5 Advertisements
Page thumbnail Page 6
  • MONEY AND EXCHANGES
    • Article
      Lock icon W German money growth slows
      680 6 Outlook uncertain, say economists Reuter WEST GERMAN money supply growth slowed significantly in July, but it was too soon to say whether the slower pace would continue for the rest of the year, economists in Frankfurt said. The Bundesbank said central bank money stock rose
      Reuter  -  680 words
    • Article
      Lock icon Egypt's free forex market boosts foreign money
      103 6 AFP THE CREATION of a free foreign exchange market in May has enabled Egypt to attract foreign currency worth between US$B million and US$l2 million daily, up from U*****,000 to US$l million. Prime Minister Atif Sidqi said that since the free foreign exchange
      AFP  -  103 words
    • Article
      Lock icon Pakistan lowers rupee-dollar rate following reserve drop
      157 6 AFP THE STATE BANK of Pakistan has set a lower rupee-dollar rate after a sharp drop in the country's foreign exchange reserves last week, central bank sources said in Karachi. The rupee, which operates under a managed float was fixed by the central
      AFP  -  157 words
    • Article
      Government securities market
      81 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ*****Z 12.11.87 3.19 3.09 6 months BS*****Z 21.01.88 3.25 3.15 1 year BY*****S 30.06.88 3.42 3.32 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate 1%) UD OFFER
      81 words
    • Article
      Money markets
      56 6 THE OVERNIGHT rate on the Singapore interbank market plunged 4-1/4 points to end at 1/2 per cent yesterday. The term rates roee 3/16 acroea the board. S$ Interbank rates at 7pm yesterday: ofvat mo i/a 1/4 1 -m* 4 1/2 4)/| > 4 1/3 4 3/1 1 4
      56 words
    • Article
      Lock icon Forex markets
      1297 6 Reuter SINGAPORE: THE US dollar yesterday closed lower against major European currencies but was steady against the yen, after a day of thin trading, dealers said. They said sentiment for the dollar has turned slightly bearish following Friday's announcement of a wider than expected US$l5.7 billion trade deficit
      Reuter  -  1,297 words
    • Article
      Lock icon Simex/IMM
      561 6 BA Futures DECEMBER Eurodollar, yeeterday opened 2 ticks lower than Friday's cloee at 92.56 on short-covering and bargain hunting following a wider than expected trade deficit last week. After hitting a high of 92.80 in the December contract, prices eaaed off on selling pressure to the low of 92.58
      BA Futures  -  561 words
    • Article, Illustration
      World interest rates
      195 6 Indicate* Km tvertgt of Mm prim* landing rata* of 12 major banks In S'pora Interbank market ratea (offer/bid) on Aug 17 uss DM SWFC Y«n 7 dari 3/4 J/l 3/4 I/a 3 IS/1* 13/1* 1 7/t 1 3/t 3 s/t l/a 1 MNI 6 3/4 S/t 13/1*
      195 words
    • Article
      Asian $ market
      354 6 Asian market ASIAN DOLLAR deposit yesterday rates closed steady at firmer opening levels, in quiet afternoon trading, dealers said. They said operators were sidelined in the afternoon due to lack of interest. The market was awaiting today's releaae of US July housing starts and building permits and this week's Federal
      354 words
    • Article
      Options
      620 6 CURRENCY FUTURES OPTIONS IMM 1 Tkicry, Aw gMit 14 1907 Bftmt Ml m POUND C2M CM •0; osnN i par C PM MM 1323 kH 5.95 Oot-c I >pe-e I NM aio 0X5 OPO-P 1.40 1330 3X0 3.40 4.40 ox 1.10 2.15 1375 IAS 2.00 3.10 075 2.20 3X5
      620 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      190 6 erf Banking Pinancr Singapore International Monetary Exchange Limited TRADING IN OPTIONS 7 Sep 11 Sep 1987 9.00 am 1.00 pm daily An options contract on Eurodollar interest rate futures will be introduced on the Singapore International Monetary Exchange before the end of the year. What are options? How are options
      190 words
    • Advertisement
      Page 6 Advertisements Column 2
      54 6 SWOODS from: £63 per wk CAP RENTAL Unlimited mileage inclusive VAT Over 20 year's experience Fleet size 1,000 vehicles, all less than one-year old Best service at competitive prices Also available self-drive holidays (car hotels) in UK. ANGLO FRENCH TRAVEL SCENIC TRAVEL #10-03 Asia Chambers, #01-02.110 KBney Road, I Tel:
      54 words
Page thumbnail Page 7
  • BANKING AND FINANCE
    • Article
      Lock icon Japanese banks may raise loss reserves
      400 7 Reuter JAPANESE COMMERCIAL banks look increasingly likely to raise their loss reserves for loans to Third World debtor nations although they see some unresolved problems with such a move, banking sources said. Banks generally see a need to boost their reserves in line with
      Reuter  -  400 words
    • Article
      Lock icon More US short-term credit for Venezuela
      161 7 Reuter US BANKS have offered to step up short-term trade credit lines to Venezuela to around U553.75 billion from their current level of US$3 billion, Finance Minister Manuel Azpurua said. Reporting on the results of a mission to the US, he said a group
      Reuter  -  161 words
    • Article
      Lock icon Principles governing China's borrowing
      335 7 Reuter CHINA WILL CONTINUE to borrow cautiously from overseas, Chen Muhua, president of the People's Bank of China, told a US-China trade and investment law conference in Beijing last week. China, which has a strong need for capital, has adopted three principles to govern foreign borrowings,
      Reuter  -  335 words
    • Article, Illustration
      Lock icon All eyes on Alan Greenspan today
      562 7 NYT ALAN GREENSPAN will assume the mantle of real power at the Federal Reserve today when he acts as chairman for the first time at a meeting of the Federal Open Market Committee. Although no change in Fed policy is expected at the meeting,
      NYT  -  562 words
    • Article
      Lock icon Tokyo banking group makes US$100m loan to World Bank
      157 7 UPI THE WORLD BANK said yesterday it has borrowed US$lOO million from a group Of 49 Japanese regional banks to finance projects in developing nations. It said a loan agreement was signed in Tokyo yesterday by representatives of the World Bank
      UPI  -  157 words
    • Article, Illustration
      Stanchart to promote currency options
      341 7  -  Simex to introduce currency futures later this year By SOH HANG KENG Financial Correspondent STANDARD CHARTERED Bank is working hard to interest its corporate customers in currency options. The bank is holding workshops and seminars on currency options in the foreign exchange and futures markets.
      341 words
    • Article
      Lock icon Call for lower 'special loan' rates
      625 7 MBT TWO MALAYSIAN financial institutions administering the World Bank-sponsored special loan scheme for small and medium enterprises have appealed to the Malaysian Finance Ministry for a reduction of interest rates they have to pay for the funds. Bank Pembangunan Malaysia Bhd (BPMB) and the
      MBT  -  625 words
    • Article
      Lock icon Inquiry launched into massive fraud in Dallas
      310 7 Reuter A US FEDERAL task force has issued subpoenas to seize the records of 290 Texas developers and savings banks executives in a massive white-collar fraud investigation. In a report on Sunday, the Dallas Times Herald said those named by Grand Jury subpoenas
      Reuter  -  310 words
    • Article
      Lock icon Finnish bank creates new currency basket
      140 7 Reuter UNION BANK of Finland International of Luxembourg said in a statement that it had created a new multi-currency unit in which its capital will in future be denominated. A spokesman for the bank, a wholly-owned subsidiary of Union Bank of Finland, said the
      Reuter  -  140 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      116 7 Prime Offices Warehouse For Sale By Tender A modern 4-storey office building and a quality 2-storey warehouse together with potential for additional office developments on this very large plot of freehold land. Location Harpers House 154 West Coast Road near Clementi West St 1 Rentable Office Area 28,899 sq ft
      116 words
    • Advertisement
      Page 7 Advertisements Column 2
      303 7 Only the very dedicated CAN MAKE HISTORY. m -i m HI Royal Oak, extra-thin, water resistant to 50 meters. BA *****/477 BA (Gents) SA *****/516 S/4 (ladies) In 1909, Ettore Bugatti built the first fourwheeled thoroughbred in history. Determined to create an automobile of unsurpassed beauty, he was prepared to
      303 words
Page thumbnail Page 8
  • COMMODITIES
    • Article
      Lock icon Oil drilling industry is on the mend
      402 8 Reuter US OIL COMPANIES showed lively interest last week in the annual Gulf of Mexico offshore lease sale, especially in deepwater tracts one of the clearest signs yet that the oil drilling industry is on the mend. The sale, which took place in
      Reuter  -  402 words
    • Article
      Lock icon Rise in first quarter consumption of rubber
      167 8 UPI WORLD CONSUMPTION of both natural and synthetic rubber during the first quarter of 1987 totalled 3.51 million tonnes, a 2 per cent increase on the comparative 1986 level of 3.43 million tonnes, the International Rubber Study Group said in its latest monthly
      UPI  -  167 words
    • Article
      Lock icon Soviets set to sell more oil to West, say analysts
      540 8 Reuter THE SOVIET UNION has increased oil production and looks set to sell near record levels of crude and petroleum products to the West this year to help meet its needs for foreign exchange, according to Western oil analysts. "Output
      Reuter  -  540 words
    • Article
      Lock icon Western world lead output falls
      192 8 AFP WESTERN world lead mine and metal production fell while trends for zinc moved in the opposite direction during the first half of this year compared with the same 1986 period, the latest statistics from the International Lead and Zinc Study Group revealed last week.
      AFP  -  192 words
    • Article
      Lock icon World peanut crop expected to rise
      114 8 AP WORLD PEANUT production is expected to be up slightly in 1987-88, largely due to bigger crops in China and the United States. In all, global output was forecast at 20.6 million tonnes, up from 20.5 million tonnes last season, the US Department of
      AP  -  114 words
    • Article
      Lock icon US steel imports fell 10.6 pc in June
      318 8 AP US STEEL IMPORTS declined 10.6 per cent in June and 4 per cent for the first six months of the year to 10.3 million net tons, two steel industry trade groups reported last Friday. For June, the US imported 1.69 million
      AP  -  318 words
    • Article
      Oil and Products
      76 8 CONTINUED weakness across the barrel as levels continued to correct themselves in line with market fundamentals. Fuel oil. kerosene and gas oil weakened in an over-supply situation. USS/borr*i Oiang* DUxX (Oct) 17.43 ■0.10 W«t T««M wn (On) 30.23 -0.23 Products (FOB S'pore) USS/borr* Chans* Kmmmm 23.30 -0.35
      76 words
    • Article
      RAS and MRELB
      296 8 RAS prices in s cmmq, fob in t»i« 1 NOON CLOSE Kuyors ftuyori Soltors Int 1 RSS Prompt 216.25 217.25N 216.75 217.75N Int 1 RSS Sop 87 215.00 215 JO 215 JO 216.00 Int 1 RSS Oct 215.25 215.75 215.75 216.25 Int 2 RSS OF 213.00 215.00N
      296 words
    • Article
      SSR and SMR
      85 8 j f patten) SEPTEMBER 87 OCTOBER 87 (currant month) (forward month) RAS NOON Ivyn Satten NOON k/y«n S*H*n SSI 30 191J0 193J0N 191 JO 193 JON SSI 50 190.00 191.00N 190.00 191.00N MRELB lwy«fi Stltn lwy«n c, ni|| SMI cv 363.00 365.00N 364.00 366.00N SMI I 36X00
      85 words
    • Article
      Lock icon Rubber
      256 8 Reuter SINGAPORE THE MARKET yesterday closed slightly higher with September One RSS buyers quoted at 215.50 cents/kilo, up 0.25 cent from last Friday, dealers said. Trading on the TSR-20 market was thin throughout the day but prices firmed on light buying of nearby positions. September and October TSR-20 closed
      Reuter  -  256 words
    • Article
      Lock icon China in bid to raise cereal output
      210 8 AFP THE CHINESE government is to buy more grain from peasants at above the state quota fixed price in an attempt to stimulate production, the China Daily said last Friday. The summer grain harvest is coming to an end and output so far
      AFP  -  210 words
    • Article
      Lock icon Brazil's coffee exporters to sponsor debate on quota
      96 8 Reuter THE RIO DE JANEIRO Coffee Exporters Trade Association will sponsor an open debate on Aug 25 to evaluate if it is convenient for Brazil to agree with a quota formula at next month's International Coffee Organisation (ICO) meeting in London, association
      Reuter  -  96 words
    • Article
      Palm Oil
      239 8 Crude palm oil futures at the KLCE yesterday closed slightly steadier in active trading. Sentiment remained strong in line with the higher close last Friday. September rose Msl6 to $724 per tonne while October gained $17 t*****. November added $16 to $721. Turnover rose substantially to 627 lots
      239 words
    • Article
      Precious Metals
      320 8 HONGKONG: GOLD yesterday closed steady in fairly active trading on fresh buying interest amid renewed concern about tension in the Gulf. The metal ended at U*****.00/50 an ounce against Saturday's 453.50/454.25 close and the 452.20/70 Friday close in New York. On the local market gold rose HK$l2 to
      320 words
    • Article
      Lock icon KL Tin
      149 8 Reuter TM PRICES on the Kuala Lumpur Tin Market (KLTM) firmed If cents from last Friday to dose at MSI 6.52 per kilo In fairly active trading, dealers said. After opening unchanged, strong demand emerged for 322 tonnee at the 16J9 level, booeted mainly by sterling's strength against
      Reuter  -  149 words
    • Article
      Produce Prices
      222 8 Chinese Produce No 2 (■naNholdert) 60.00 Exchange Palm kernel 3M on (ex-mflW M$/tonne) a!*M» iTTsS/ToO kg) tuyer/Seller 480.00/490.00 Coconut oil Palm kernel oil kk FOt 95.00 (FOt M$/100kg) Otd drum FOt 105.00 In bdk (local) 84.00 New drum FOt 109.00 Cocoa Copra (FOt M$/tonne) Mixed (too—) 56 togan
      222 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      112 8 < )ur sjw uilit\ .S. Prime Beef (>nl\ $16.50 Every once in a while even you deserve somewhere special. For OCBC MasterCard (St Visa Cardmembers Bring along a minimum of 2 guests and charge their meals to your card. You dine FREE! (Thu offer u toid till iI 8.87) 3l
      112 words
    • Advertisement
      Page 8 Advertisements Column 2
      259 8 YOUR QCSE/GCE OR PROFESSIONAL EXAM SUCCESS Study at home pass first time with The Rapid Results College ACCREDITED BY COUNCIL FOR THE ACCREDITATION OF CORRESPONDENCE COLLEGES Complete Home Tuition Service Enrolment at any time with immediate benefit from a study time-table, covering the complete syllabus, devised to suit you The
      259 words
Page thumbnail Page 9
  • FOCUS
    • Article
      Lock icon Chinese city banks on private enterprise
      990 9  -  The owner of an electrical parts company in the Chinese city of Wenzhou once approached the state bank for a loan. Rebuffed, he set up his own bank Instead. And so the borrower becomes the lender, an audacious thing to do even in a
      UPI  -  990 words
    • Article, Illustration
      Thailand pays court to foreign capital Thailand pays court to foreign capital
      621 9  -  The pace of capital flow into Thailand has quickened lately, due in part to the removal of much red tape encountered by investors. BRIAN GOMEZ here looks at the nature of foreign investment in Thai industry and in
      621 words
    • Article
      A stake in shares
      434 9 FOREIGN INVESTMENT has been moving strongly into the Securities Exchange of Thailand (SET), but it has either reached, or is close to reaching, the maximum 25 per cent limit for all listed shares. "Foreign investors have already invested more than five billion baht in the SET
      434 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      321 9 Good ideas keep coming up I hanks to Sharp's pace-setting IC miniaturisation technology that made possible the workfs first ultra-thin calculators, facsimiles are no longer the bulky office machines they used to be. The Sharp FO-200, the world's smallest high speed G2/G3 fax with halftone transmission, is no bigger than
      321 words
Page thumbnail Page 10
  • PERSPECTIVE
    • Article
      Tough tasks ahead
      518 10 IT WAS A SIGNIFICANT victory for New Zealand's Prime Minister David Lange in the country's general election last Saturday. His Labour Party romped home with 56 seats in the 97-seat unicameral Parliament, 15 seats ahead of the Opposition National Party, led by Mr Jim Bolger. Mr Lange
      518 words
    • Article, Illustration
      Women who manage well in a male bastion
      2306 10  -  Most women managers in Singapore today are in the financial sector, some of them holding pretty senior positions. How did they overcome traditional biasness in a previously predominantly male domain? To find out, AGNES CHEN and CATHERINE FERNANDO interview several top women
      2,306 words
    • Article, Illustration
      Top of the crop in banking, finance
      549 10 MRS LAURA HWANG is an enigma. Men and women in banking circles talk about the managing director of Royal Trust Merchant Bank in awed tones because she appears to have everything success, looks, a family. Laura Hwang, the banker, is one of a
      549 words
    • Article
      Lock icon Ethics vies for a place in US business community
      1212 11 UPI BUSINESS has traditionally been driven by economics, the discipline of production, distribution and consumption of goods and services. But in recent years, ethics, the discipline dealing with good and evil and with moral duty, has been gaining momentum in a
      UPI  -  1,212 words
    • Article, Illustration
      Lock icon Inflation fears cloud Wall Street boom
      1151 11  -  In the US, the number of jobs and inflation rates have been rising. But are threats of labour shortages and wage escalation so great that the Federal Reserve will be forced to tighten money, driving up interest rates and knocking down the stock market
      NYT  -  1,151 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      333 10 FOREIGN TRADE AND INVESTMENT POLICIES: EXPECTATIONS AND OPPORTUNITIES 22-24 October 1987. The Mandarin Singapore Organised by: Ministry of Hade and Industry, Republic of Singapore with the cooperation of the Office for Special Economic Zones State Council of the People s Republic of China For the first time, international businessmen, bankers
      333 words
Page thumbnail Page 11
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1127 11 iTIVIN NDIRWDIIIO f An empty Coke bottle shatters ths peaceful Ills in a Bushman community B 12 PM SBC Text Sample Pages. Opening and Programme Highlights foßowed by Never The Twain (Last episooe). Apartheid Adapt Or Die (See highlights). Musical Interlude. No Ptac* Like Horn*. Cosmopolitan Theatre AN Passion Spent
      1,127 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      718 11 CRYPTIC PUZZLE ACROSS 3 Oliver's turn (5) 8 Turn and Imv* letter lor a writer (5) 10 On* medicine in a hundred. I aee (S) 11 Provide personnel tor an island (3) 12 Working pert of an orang (5) 13 Supreme ability to take a rest perhaps, during May (7)
      718 words
Page thumbnail Page 12
  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Lewis leaps to victory but fails to shatter world record Lewis leaps to victory but fails to shatter world record
      405 12 Reuter CARL LEWIS won the Pan American Games gold on Sunday with the sixth-best long jump ever but his performance will go down as one of glorious failure. Lewis swept
      Reuter  -  405 words
    • Article
      Lock icon Johnson sprints to triumph
      470 12 Reuter BEN JOHNSON of Canada clocked the second fastest time ever officially recorded in the men's 100 metres on Sunday and declared he had not yet reached his peak. With just two weeks to go before the start of the World Championships in Rome, Johnson sizzled
      Reuter  -  470 words
    • Article, Illustration
      Lock icon Mansell clinches trophy in Austrian Grand Prix Mansell clinches trophy in Austrian Grand Prix
      469 13 AP NIGEL MANSELL's weekend started with a toothache. Before it was over, he had been involved in a multi-car collision and nearly knocked himself out when his head hit a beam But he had also won
      AP  -  469 words
    • Article
      Lock icon Phinney sparkles at Coors Bicycle Classic
      260 13 AP DAVIS PHINNEY led his 7Eleven team mates, including race leader Jeff Pierce, to a second consecutive sweep in the Coors International Bicycle Classic in Sunday's 60-mile race through the streets of the posh resort town of Aspen in Colarado. It was the 12th
      AP  -  260 words
    • Article
      Lock icon Holyfield closer to bout with Tyson
      225 13 Reuter EVANDER HOLYFIELD took one more step towards a showdown with world heavyweight champion Mike Tyson when he retained two world crowns of his own on Saturday night with an impressive win against Puerto Rican Osvaldo Ocasio. The American stopped the challenger in the
      Reuter  -  225 words
    • Article
      Lock icon Cook scores eagle to win Castle Rock tournament
      432 13 AP JOHN COOK scored a decisive eagle-3 on the 17th hole and moved past defending champion Ken Green on Sunday to win the second edition of the International Golf Tournament in Castle Rock, Colorado. Cook, whose last previous victory had come in
      AP  -  432 words
    • Article
      Lock icon Ratcliffe in shock win at Benson golf tournament
      339 13 AFP AUSTRALIAN GOLFER Noel Ratcliffe, 139 th in the European Order of Merit, turned the formbook upside down in York, England, on Sunday when he won the £200,000 Benson and Hedges International. The 42-year-old from Sydney shocked many of golf's big names
      AFP  -  339 words
    • Article, Illustration
      Lock icon Lendl wins US$ 375,000 Players
      533 13 UPI IVAN LENDL broke Stefan Edberg's serve three times in a second-set tie-breaker last Sunday to win the U*****,000 Players International in Montreal, 6-4, 7-6 (7-2). Lendl said illness forced him to consider defaulting during the match. He said he had suffered from irregular eating
      UPI  -  533 words
    • Article
      Lock icon Steffi Graf now ranks No 1 worldwide
      258 13 UPI ABOUT THE only person at the U*****,000 Virginia Slims of Los Angeles Tournament unaware that the No 1 ranking in women's tennis was at stake last Sunday was the winner Steffi Graf. The West German teenager, kept from knowing by her father,
      UPI  -  258 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      847 12 ,}|],|?|{+%~>?:-&[!$"?=/.\/|/+- Seconds are FREE and all bottle sales enjoy a 30% discount f lead singer, entertains with his rich, mellow songs during HAPPY v HOUR from 5 pm -7 pm. After Happy Hour, two of the city's hottest bands. NBU PACES and CLASSIC, rave non stop throughout the night. And.
      847 words
    • Advertisement
      Page 12 Advertisements Column 2
      120 12 Camus XOwitl Pine Court's sumptuous Beijing cuisine For lunch and dbmer, tißAupatJOl *1 m «WMMt Sumptuous Sensational Satisfying Cafe Excelsior's w DUlliXUißuttct A Lunch, at Cafe Excelsior, is now more exciting. Our dian xin selection could J weD be the finest in town. So, you get more than just buns
      120 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      372 13 5 ir. V) <$>riU A. j So much to choose for only $16.60 A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection superb pastries, truffles, tortes cheese board, fresh fruit.. freshly brewed coffee. All for $16.50 And for $26.50 you can odd a
      372 words
  • Page 13 Miscellaneous
Page thumbnail Page 14
  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Market falls sharply on a broad front in quiet trading
      4135 14 SHARE PRICES fell sharply across the board yesterday in one of the quietest trading sessions this year. At the close, the Straits Times Industrial Index was down by a hefty 27.11 points to 1,449.28. The broaderbased BT Composite Index lost
      4,135 words
    • Article
      Chief price changes
      216 14 Rises Trough Mm (70 so* SIS Urn Capiat 17» M tfwmi* 1140 ■ortMon. Mo 1000 *HJ 470 SM bo 1 Fin 237 Falls, Carafe* 50* (OS M 730 o u a 5«o O Ul 545 Gw715 Strati TrodM 545 S1 A 1470 OCIC 1070 S t H
      216 words
    • Article
      Business done on the SES
      3730 14 810 and olter prtcaa officially listed and buainaaa in and raported to tha Slock Exchanga of Singapora yaaterday with tha number of sharaa tradad shown in brackets in iota of 1,000 units uniaaa otharwtaa spacfflad All Tima Satttamant Contracts sra quoted after tha word ■•SETT"
      3,730 words
  • Page 14 Advertisements
Page thumbnail Page 15
  • COMPANY NEWS
    • Article
      Lock icon Fledgling market gathering more confidence
      481 15 msm mm»» HOCK LOCK SIEW NOT SINCE the February 18 arrival of Singapore National Printers on Sesdaq has there been more interest evident in the second securities market. First, consider the sparkling debut of Amtek Engineering on the Stock Exchange of Singapore Dealing and Automated
      HOCK LOCK SIEW  -  481 words
    • Article
      Lock icon Bank of Commerce next to go public
      539 15 MBT BANK OF COMMERCE, the 16th largest Malaysian bank in terms of assets, is expected to be the next new issue with its shares set to be offered to the public at the end of this month. It is understood that approval has
      MBT  -  539 words
    • Article, Illustration
      C & C fights against time in bid for Cold Storage
      700 15 C C fights against time in bid for Cold Storage QTH shareholders meet today to decide on Wattie's offer CYCLE CARRIAGE Ltd (C C) is fighting against time in its efforts to acquire a strategic stake in food group Cold Storage Holdings PLC (CSH). It has to put a firm
      700 words
    • Article
      UOL and UIC to pay $225 million for Goldhill Square
      400 15  -  By CORINNA LIM UNITED OVERSEAS Land (UOL) and United Industrial Corporation (UIC) are to pay a total of $225 million for Goldhill Square. This includes an extra $8.5 million for legal fees and stamp duty on top of the agreed
      400 words
    • Article
      UOB completes first stage of proposed ICB takeover
      338 15  -  By AMY BALAN THE FIRST stage of United Overseas Bank proposed takeover of Industrial and Commercial Bank involving the conditional sale of ICB shares from Tai Sing Realty and its four subsidiaries has been completed. At an extraordinary general meeting yesterday, UOB
      338 words
    • Article
      Lock icon Innovest more than doubles interim profit
      260 15 Bernama WELL-DIVERSIFIED Innovest Bhd has more than doubled its group operating profit before tax and extraordindary items to M 522.64 million for the first half of 1987 from $10.34 million for the same period the previous year. After provisions for substantially higher charges in
      Bernama  -  260 words
    • Article
      Unit trusts
      278 15 Managers' prices for Aug 18 Singapore Unit Trusl The Commerce 1.27 The Savings Fund 1 10 S'pore P'Ofl Fund 0 52 S pore Sac Fund 0 86 S'por* Invest Fund 094 S'pore Equity Fund 063 Asia Unit Trust Mol In vast Fund 166 Mol frog Fund 044 Mol
      278 words
    • Article
      Lock icon Complex financing package for UEM's highway project
      774 15 MBT FINANCING for the mammoth north-south highway project in Malaysia is expected to be complex because of the magnitude and uniqueness of the project. To ensure the success of the project, the consortium led by United Engineers Malaysia (UEM), which is expected to
      MBT  -  774 words
    • Article
      COMPANY BRIEFS
      261 15 Antah subsidiary to acquire Initial unit ANTAH Exclusive Environmental Services Sdn Bhd, a 51 pc owned subsidiary of Antah Holdings Bhd, has signed a conditional sale and purchase agreement with Initial Services International Ltd for the acquisition of Dynaklen Services Sdn Bhd. Following the acquisition, the industrial and
      261 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      73 15 BULLS. Or bears. Whichever way the stock market is heading, you can look to us for financial assistance to help build a sound investment portfolio. Our Share Financing Scheme provides up to 70% financing. And at rates as low as 7.5% p.a. Find out more. Call 532-3332 today. Standard ft
      73 words
    • Advertisement
      Page 15 Advertisements Column 2
      330 15 THE BANK OF EAST ASIA, LIMITED INTERIM REPORT 1987 The Directors of The Bank of East Asia, Limited announce that the unaudited consolidated profit after providing for taxation and after making transfers to inner reserves for the six months period ended 30th June, 1987 amounted to HK568,828,000, representing an increase
      330 words
Page thumbnail Page 16
  • REGIONAL MARKETS
    • Article
      KL prices take a steep plunge
      4190 16 A WAVE OF selling hit the Kuala Lumpur stock market yesterday sending share prices sharply lower across the board in fairly active trading. Market observers had no excuse for the plunge except that the market may be going through a heavy correction the first
      4,190 words
    • Article
      Lock icon Profit-taking takes its toll
      638 16 Hongkong DBS Securities PROFIT-TAKING continued in the morning session on the Hongkong market yesterday as the Hang Seng Index quickly came off 22 points to an intra-day low of 3,485 points. After the 11 am fixing, bargain hunting set in and the market slowly recovered to
      DBS Securities  -  638 words
    • Article
      Lock icon Evergo deal may lead to change in control
      131 16 Reuter TRADING IN shares of Evergo Industrial Enterprise was suspended yesterday as the company is involved in negotiations which may lead to a change of control. A Hong Kong Stock Exchange statement said Evergo's affiliates Chinese Estates and China Entertainment and Land
      Reuter  -  131 words
    • Article
      Seoul
      114 16 AUQ 17 1 VON Kal Kangwon Ind Kia Motor ***** ***** 360 ***** 100 CTiwl Sugar ***** uncti I —J* ***** ***** -400 200 Koraa Long Tarm ***** 6101 Lucky Ltd ***** 500 Onwoo Hnvv Daiahin Sacuritia* ***** ***** 900 *1000 Ortantal Bra wary ***** •100 Dong Ah Ptiar
      114 words
    • Article
      Selected indices
      109 16 HONGKONG All Industrials Hongkong Index Monday 2.304.07 f'KJoy 2,303 27 Week 090 2.318 72 Hong Seng Index Mondoy 3.510.66 Fridoy Week 090 3.543 76 Monday 3,0258 Fridoy 3J0I07Week 090 2.932 4 NEW YORK Dow Jones Hdoy 2.685.43 Thursday 2.****** Week 090 2,***** TOKYO Nikkei Average Monday 25.***** Fridoy
      109 words
    • Article
      Lock icon Bank of East Asia strengthens control
      405 16 Reuter THE MAIN shareholders of Bank of East Asia have solidified their control by issuing new shares, equal to nearly 10 per cent of the bank's stock, to Chinese and French business partners, say Hongkong stock analysts. They said the move would fend off
      Reuter  -  405 words
    • Article
      Lock icon Surge in Japanese interest in foreign equities
      325 16 FT UNOFFICIAL ESTIMATES circulating in Japan's securities industry confirm the big surge in Japanese investment in foreign equity markets this year. According to the estimates, net purchases of foreign stocks by institutional investors reached about US$9 6 billion in the first half of
      FT  -  325 words
    • Article
      Lock icon Tokyo
      457 16 Reuter SHARE PRICES closed lower in modest trsde on the Tokyo market yesterday as the yen's strength spurred profit-taking on export-related stocks and spread mild confusion through the market The 225-Nikkei Index lost 115.13 points to 25,378.88, near the day's lows. Last Friday the average loet 81.73 to 25,494.01.
      Reuter  -  457 words
    • Article
      Lock icon Sydney
      469 16 Reuter THE AUSTRALIAN share market retreated from last week's record levels and closed easy in uninspired trading yesterday, led down by resource stocks. Following a fall in gold prices over the weekend in New York most oil, gold and other resource stocks moved lower, but this was partly offset
      Reuter  -  469 words
    • Article
      Lock icon Bangkok
      159 16 Reuter THE SECURITIES Exchange of Thailand Index edged up 0.51 to 326.09 on a turnover of 2,611,256 shares worth 284.18 million baht. Reuter AIM 17 BAMT Ao Kham Thai Ayudhya Invaatmai 326 -2 Bangkok Agro-4nd 171 uncti Bangkok Bank. Bank 01 Ayudhya... ...333 308 2 -4 A Cabta Oatamat
      Reuter  -  159 words
    • Article
      Taipei
      269 16 AUG 17 MT$ KoMn ..*52 0 J. Kuochan Dav 46 30 4 3 Lm Chang Yuan All Sincara Indus 3.84 4.17 Cham Inous 37 00 +2.7, Asia Camant 48 90 +1.5 Lian Hwa Indus 28.20 0 7. Camay Cons. 93.50 +8 NanYaPlaa 51 50 +1 Chang Hwa Bank. 180.00
      269 words
    • Article
      Manila
      92 16 AIM 17 PESOS +h Mtfimi i Oriental B 0 1250 -0 005 Ptxl OvtriMl 017 -0.01 Anglo Ptiil PMI«« B 0 73 -0 02 Apex Mining B ***** ■0 006 Picop B ARM Con B 38 -05 plot 6B2 SO •25 Bagmo OoM San Miguai B 235 one* Btnc
      92 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      348 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF 'J 'A* n'A [M iv) DiKfr y;i iDtcW PTE LTD At an Extraordinary General Meeting of the Company duly convened and held at 10 Jalan Besar #13-05 Sim Lim Tower, Singapore 0620 on the 12th
      348 words
    • Advertisement
      Page 16 Advertisements Column 2
      385 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND CHAROEN POKPHAND (SINGAPORE) CO 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
      385 words
    • Advertisement
      Page 16 Advertisements Column 3
      180 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BLESSING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of the members of the abovenamed company will be
      180 words
    • Advertisement
      Page 16 Advertisements Column 4
      3 16 Technology every Friday
      3 words
Page thumbnail Page 17
  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Quadrex might renew its bid for Mercantile House
      406 17 Reuter QUADREX HOLDINGS chairman Gary Klesch said ha still wanted to acquire Mercantile House Holdings PLC and might renew his bid for the company which has agreed to a takeover by British and Commonwealth Holdings PLC. "I am examining all my options,
      Reuter  -  406 words
    • Article
      Lock icon US employment agency turns down Blue Arrow's takeover offer
      394 17 NYT MANPOWER INC. the world's largest temporary employmsnt agency, said on Sunday that its board has rejected an unsolicited US$l.2l billion takeover offer by Britain's Blue Arrow PLC. In a unanimous decision reached last Friday, Manpower's seven-member board called Blue Arrow's
      NYT  -  394 words
    • Article, Illustration
      Lock icon Airbus still hopes for British Airways order
      340 17 AFP THE EUROPEAN Airbus Industrie consortium still hopes to sell its long range jets to British Airways, despite the giant British carrier's decision last Friday to buy 11 Boeing 767 jets for US$BOO million. British Airways, which was privatised earlier this year, has
      AFP  -  340 words
    • Article
      Lock icon De Lorean to repay debts and make comeback in car business
      290 17 Reuter JOHN DE LOREAN is poised to re-enter the car business after a judge approved a U559.36 million agreement to repay partially creditors who backed his bankrupt sports car company. Mr de Lorean told Reuters he plans to announce
      Reuter  -  290 words
    • Article, Illustration
      Lock icon More formidable challenges lie ahead forHongkongßank chief
      1683 17 Analysts question whether bank should remain decentralised IHT WHEN HE BECAME chairman of Hongkong Shanghai Banking Corp towards the end of last year, William Purves seemed to take every opportunity he could to emphasise the bank's need for a period of consolidation. Such
      IHT  -  1,683 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      98 17 For horse racing fans... BT provides the winners too m i! t Wi JWa U i Business Times, Singapore's largest business daily, has a reputation for in-depth coverage of business and financial news. Easily the most trusted paper among Singapore's key decision makers, BT keeps them ahead in the economic
      98 words
    • Advertisement
      Page 17 Advertisements Column 2
      324 17 OPPORTUNITIES IN RESOURCE-BASH) August 27 ft 28, 1987 Putra World Trade Centre, Kuala Lumpur Jointly organized by Federation of Malaysian Manufacturers Malaysian Industrial Development Authority Objectives 1. To familiarize investors with Malaysia's liberal investment policies, incentives and procedures. 2. To focus on investment and business opportunities in the following industrial
      324 words
Page thumbnail Page 18
  • Article, Illustration
    Lock icon Ghazali denies plans to transfer money out of Papua New Guinea
    477 18 NYT FORMER Malaysian Foreign Minister Tan Sri Ghazali Shafie says that he is unaware of the allegation made in Papua New Guinea last week that he and four others had planned to transfer US$9.4 million (about M 523.5 million)
    NYT  -  477 words
  • Article
    US to give preference to Singapore trade
    136 18 THE United States will give preference to trade with Singapore over South Korea, Taiwan and Japan as these other countries have big trade surpluses with the US and, unlike Singapore, do not seem to want to correct them. Mr Robert Smith, a member
    136 words
  • Article
    Giken Engineering setting up three joint ventures
    580 18  -  Move to buy components locally By ANNA TEO NOT ONE, but three, new jointventure factories are being set up in Singapore by a Japanese manufacturer of precision components in a move to procure components locally instead of buying from Japan. Giken Engineering Corporation
    580 words
  • Article
    Lock icon Taiwan expects high growth rate
    242 18 Reuter TAIWAN should achieve a high economic growth rate comfortably this year in spite of US pressure for further appreciation of its currency, officials said yesterday. They said that surging investment and domestic consumption would offset a slowdown in Taiwan's external trade in the fourth
    Reuter  -  242 words
  • Article
    Tan Chong gets $50m through NIF
    305 18  -  By ALVIN TAY Banking Correspondent TAN CHONG Sons Motor Company (Singapore) is raising $50 million from the local capital markets through a dual currency note issuance facility (NIF). BT understands that the three-year facility, which will be signed today, is arranged by N M
    305 words
  • Article
    Lock icon The qualities of an ideal NZ Cabinet member
    126 18 Reuter THE IDEAL MEMBER of New Zealand's new Cabinet should be a combination of Superman and Nobel Prize winner Mother Teresa, Prime Minister David Lange said yesterday. He said that Labour members of Parliament elected on Saturday would meet today to choose
    Reuter  -  126 words
  • Article
    Lock icon Dow Jones up
    62 18 AP WALL STREET STOCKS headed higher yesterdsy morning, breaking through the 2,700 level on the Dow Jones Industrial Average. The Dow roee 14.96 points to 2,700.41 in the first hour of trading. Gainers outnumbered loeers by nearly two to one in the overall tally of New York
    AP  -  62 words
  • Article
    Lock icon American officials urge China to emulate Hongkong
    127 18 Reuter AMERICAN OFFICIALS urged China yeeterday to strengthen its Isws and imitate Hongkong's policies to attract more foreign investment end increase its trade with the US. Chinas economic links with the rest of the world were being held beck because foreigners had little
    Reuter  -  127 words
  • Article
    Lock icon Reagan intends to go on talking'
    123 18 Reuter PRESIDENT RONALD REAGAN has predicted that he will not retire at the end of his term in 1969 but will go on the dinner speech circuit. Time magazine yesterday quoted him as saying: "I have a hunch I will be back on the
    Reuter  -  123 words
  • Article
    Lock icon Vietnam urged to get on with purge
    132 18 Reuter AN OFFICIAL Vietnamese newspaper has urged the country's communist leaders to fulfil their promise to purge incompetent and corrupt officials resisting reforms. Lao Dong, the party weekly for workers, accused some senior officials of blocking a purge of those who break party
    Reuter  -  132 words
  • Article
    Lock icon Jeepney fuel price stays
    66 18 Reuter DRIVERS of Manila's colourful jeepneys challenged President Corazon Aquino's government yesterday with a crippling transport strike, but Mrs Aquino rejected their demand to rescind a 20 per cent rise in fuel prices. Mrs Aquino defended the increase in the price of petrol and fuel oil
    Reuter  -  66 words
  • LATE FILE
    • Article
      Lock icon Korean economy grew 15.3 pc
      58 18 AP Reuter PROPELLED by strong export», South Korea's economy grew 15.3 per cent in 1987 s first half, but officials predicted yeeterday that economic progress would be slow in the next half becauee of protracted labour troubles. Meanwhile, a protest by up to 30,000 workers
      AP; Reuter  -  58 words
    • Article
      Lock icon Rise in Chinese exports to EC
      50 18 AFP CHINA'a exports climbed 36.3 per cent from a year earlier to US$2O.2 billion in the Sevan months to July, marked by a sharp riae in exports to the Europesn Community. Exports to Hongkong and Macau rose 45.3 per cent to US$5.B billion. AFP
      AFP  -  50 words
    • Article
      Lock icon Malaysia's EPF owed M$67m
      43 18 Bernama MALAYSIA» Employees Provident Fund is owed a staggering Ms 67 million in contribution arrears tor last year, Deputy Finance Minis» ter Loke Yuen Yow said yeeterday. This represents a shsrp increaae over the Msl9 million owed in 1983.
      Bernama  -  43 words
    • Article
      Lock icon Vote against Deputy Speaker
      72 18 Bernama THE YOUTH wing of the United Malays National Organisation's Kapar division yeeterday paaeed a vote of no confidence againet the Deputy Speaker of Parliament and MP for Kapar, D P Vijandran. Divisional head Abdul Rahman Palil said that the vote waa in proteet against Mr
      Bernama  -  72 words
    • Article
      Lock icon US aircrash: 154 dead
      48 18 AP A JETLINER plunged in flamee to the ground in Romulus. Michigan, Just after takeoff on Sunday night and "crumbled like a piece of paper" as it smashed through freeway bridges, killing 154 people in the US' secondworst crash, the authorities said yesterday. AP
      AP  -  48 words
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      95 18 TELEX L I N K The Most Affordable and Comprehensive Telex System At only Ssl3l a month Yours in 2 years. TELEXCARD 2000 TELEXLINK 4000 TELEWRITER 841 {TAC 960 87 T132) (TAC 920-87 T131) (TAC 901-87 T128) Own a TELEXLINK for only Ssl3l per month and a one time payment
      95 words
    • Advertisement
      Page 18 Advertisements Column 2
      14 18 Lang* putt an and to traditional waakly prats maatlnga, Paga 4 Laadar, Paga 10
      14 words
    • Advertisement
      Page 18 Advertisements Column 3
      91 18 *<-};;]%\___+|{/(]`(]_++'-$=/|? ADVERTISEMENT rme's moke than one my to see snvts •5 J ■n k I y- <Y. H m *s m r: v f V v h f.rp 7 sr/v^s^T^ 3 CARD ENTITLES ioU TO be ENTERED FOR THE UACKX DMV, WITH pfijzez RAN&IH& fkcm. radios, tv& MO VIDEOS TO
      91 words
Page thumbnail Page 19
  • SHIPPING TIMES
    • Article
      Lock icon Klang Port Authority offers rebates
      134 19 Bernama KLANG PORT AUTHORITY has offered rebates of 25 to 50 per Gent for rental of warehouses in South port. KPA general manager Hashir Abdullah said the rebates are aimed at stimulating transhipment trade and promoting cargo consolidation at South port where the lifting of
      Bernama  -  134 words
    • Article
      FEFC postpones plan to raise rates after shippers' protest
      401 19  -  By LILIAN ANG THE FAR EASTERN Freight Conference (FEFC) has scrapped a plan to raise freight rates in October this year but will go ahead with a bigger rate increase next year. A Federation of Asean Shippers' Councils (FASC) statement said
      401 words
    • Article
      Lock icon Orient back in the black with US$7.l m profit
      305 19 Reuter ORIENT OVERSEAS (Holdings) Ltd has returned to profitability for the first time since 1964 and is expecting the recovery to continue at least through this year, a company statement said. Chairman C H Tung said freight rates on Orient's main
      Reuter  -  305 words
    • PORT SIDES
      • Article
        Lock icon Conference raises bunker surcharge
        71 19 Reuter THE JAPAN/lndia-Pakistan-Gulf/Japan conference yesterday said it would raise the bunker surcharge on shipments to India and Pakistan to 25.1 per cent from 22.2 per cent, effective Sep 1. It will also increase the bunker surcharge on shipments to Gulf ports not covered by existing temporarily
        Reuter  -  71 words
      • Article
        Lock icon 13 arrested for looting ship
        105 19 Reuter THIRTEEN PEOPLE were arrested after they looted a Chinese freighter which ran aground on China's southern coast this month, the official China News Service said yesterday. The agency, monitored in Hongkong, said nearly 100 villagers looted the ship carrying a cargo of various goods
        Reuter  -  105 words
      • Article
        Lock icon Harbour closure decision criticised
        161 19 Kingsley Wood THE DECISION of the New South Wales government and Maritime Services Board to close Darling Harbour for as long as three weeks in January for Australia's bicentenary celebration has ruffled a few feathers. Sir John Moore, chairman of the Stevedoring Review Committee, has challenged
        Kingsley Wood  -  161 words
    • Article
      Lock icon Fujairah no longer considered safe
      570 20 UPI SEVEN YEARS AGO. before the war began between Iraq and Iran, Fujairah was juat another town along the Gulf of Oman outside the Strait of Hormuz, the waterway to the Persian Gulf. But the conflict has changed all that. Aa shipping Inside the Gulf
      UPI  -  570 words
    • Article
      Lock icon Tough job protecting Gulf shipping
      723 20 NYT AS THE US NAVY is finding out, protecting shipping in the Persian Gulf is no easy task. Kuwaiti tankers flying the American flag entered the Gulf last month with a naval escort prepared to cope with air attacks and suicide boats, only to have
      NYT  -  723 words
    • Article
      INDEX TO ADVERTISERS
      705 20 AB Shpg V 5 ABC Contamor vw 1 Accord Shpg VI 3 Africa Ocaon 1 2 AMfrons VII 3 American Tpt X 4/5 Anship toll X 3 AflfO Service IV 2/3 ANl 1 1/2 AfC lino V 4 API M 2/3 Asa w Asian Ocean VI 3
      705 words
    • Article, Illustration
      Hunting for mines
      32 20 A CREW MEMBER of the Japanese supertanker Ikuyo Maru looking for mines from the bow as his ship steamed towards the entrance of the Strait of Hormuz last Friday.
      32 words
    • Article
      Lock icon Saudi gas plant back to work
      143 20 Reuter NORMAL WORK has resumed at a major Saudi plant damaged by explosions and a fire last Saturday, oil sources in the region said. They said ships had returned to berth at the offshore terminal of the Arabian-American Oil Company (Aramco) liquefaction plant at
      Reuter  -  143 words
    • Article
      LONDON FREIGHTS
      1377 20 INCREASED grain chartering was reported out of the US Gulf on Friday with rates generally ruling fully steady, ship brokers said. Grain was reported covered from the Gulf to Holland at U559.825. but reports that $10 has been paid from the Gulf to Hamburg are believed to be
      1,377 words
    • Article
      CONSORTIA
      175 21 THE MAJOR shipping consortia operating betwssn the Far Eaat/European, Far East/Persian Gulf, Straits ports/Australia. Straits/Japan and tha member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping AHRO (STRAITS/ AUSTRALIA): Auatralian National Line Auatralia Straits Container
      175 words
    • Article
      Lock icon Three bodies removed from Japanese ship
      173 21 Reuter THE BODIES of three crewmen who inhaled what were believed to be toxic fumes were removed from a Japanese freighter on Sunday in the Canadian port of St Johns. The three men were killed and two others injured, one seriously, when they were
      Reuter  -  173 words
    • Article
      OSG buys five more ships
      443 21 FIVE MORE SHIPS have been ordered by one of the world's leading bulk shipowners. Overseas Shipholding Group, from yards in Japan and South Korea at an estimated cost of US$l5O million. This latest order, which Includes a very large crude carrier, comes less than three
      443 words
    • Article
      Cairncross yard facing closure
      305 21  -  By KINGSLEY WOOD AUSTRALIA'S largest commercial dock. Cairncross in Brisbane, is finally facing closure, caused by a string of heavy losses and failure to negotiate a joint venture arrangement with a private ship repairer. The yard, owned by the Queensland government and operated by the Brisbane
      305 words
    • Article
      Lock icon Sea Containers plans to float Sealihk British Ferries
      314 21 FT SEA CONTAINERS has announced plans to float its Sealink British Ferries subsidiary on the London stock market. Provided the market is favourable, the flotation would be as soon as possible after the third quarter results come out in November. Sea Containers
      FT  -  314 words
    • Article
      Box traffic expected to rise 160 pc
      98 21 THE FUI-BASED South Pacific Bureau for Economic Cooperation has predicted a 160 per cent growth in the container traffic of the East Asian-Pacific region by the end of the century. By the year 2,000, world container throughput is expected to grow to about
      98 words
    • Article
      Lock icon TANKER RATES
      262 21 AFP DESPITE initial disruption caused by the collision of the Texaco Caribbean with a mine near the Strait of Hormuz, which tended to suppress activity in the Gulf states area, owners refused to accept lower rate levels on the tanker market during the past week. Trading slowly returned
      AFP  -  262 words
    • Article
      Oakland port to revise tariff rates
      351 21 THE PORT of Oakland will revise its tariff with effect from Oct 1 its first in three years. Wharfage, wharf demurrage and storage rates will be raised by about 5 per cent. And an extra US$2O per hour will be placed on the base
      351 words
    • Article
      SHIPPING LIST where your ships ore due...ami when
      6598 26 soaßGmß 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
      6,598 words
    • Article
      SHIPS IN PORT
      466 27 AT CONVENTIONAL WHARVES KEPPEL WHARVES h Arrival Dapariuri BoruSSK) KIS alongside 1808/2300 Hong leong K29 alongside 1808/1200 Koheng K30 alongside 2208/2300 Ned Amersloo KIS alongside 1808/1800 Sinzhong K33 alongside 2108/1200 Sit Twoy K27 alongside 19 *****0 St Nogolond KI6 olongside 18 *****0 Str Venture K24E alongside 1808/1100
      466 words
    • Article
      CONTAINER SCHEDULES
      887 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Qdm > FCL Arrival LCL cargc yf Ship Voy data/tima Oparator > achadula Locatta* Sinoio 960 *****7 1600 Sea Cow F8 *****600 *****600 *****200 rt Q2 a a N2 Gold Aliso IK Rotno 52W 84S 1808 87 *****7 1600 2000
      887 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      649 19 How S.K. Asia upsrt the logical West HILARIOUS TRAGIC DANGEROUS. B ET; ft IE UVA fiH ■Js VJViJ -r 4>♦ Available at a n Good Bookshops STP Distributors 2 JuflHf Moad •r Of ft* r«n« Wvv OOCL OVEIQEAS QomLim\ LINE NORTH AMERICA ATI ANTIC EXPRESS (ROUND-THE WORID ROUTING'S EXPORT WW/
      649 words
    • Advertisement
      Page 19 Advertisements Column 2
      80 19 mm SEVEN YEARS AGO, beforo the war began between Iraq and Iran, Fujairah was |ust another town along the Gulf of Oman outside the Strait of Hormuz. But the conflict has changed all that. P»ge ll FIVE MORE SHIPS have been ordered by Overseas Shipholding Group from yards in Japan
      80 words
    • Advertisement
      Page 19 Advertisements Column 3
      898 19 Agont: Singapore Co Pt« Ltd Shipping T«fc *****33 MAERSK LINE THE FAR EAST AND THE MEDITERRANEAN HAVE BEEN BROUGHT CLOSER TOGETHER BY MAERSK LINE TH» «>aak Andara u Ctoamg Tm CY 1M 2300 HNS CFS IM 1300 HRS 7* M M 7* H M IM IM IM IH IM 14/P
      898 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      358 20 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL PT. of LOG. KAftVATIS Rostock ELEFTNCRIA II lmmnoiM CUM Luebock-Hambiirs TEL: 03-*****50 MALAYSIA SON. BHD. TLX: ***** MTM Frt. Booking contact Miss Gan Further load/ discharging ports en route subject to sufficient inducement Singapore Offer MTM S pore. Tei: *****00 Tlx: RS ***** MTMSEA. Fax:
      358 words
    • Advertisement
      Page 20 Advertisements Column 2
      17 20 Lines and services represented by Members of the Rroistry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
    • Advertisement
      Page 20 Advertisements Column 3
      282 20 CHARGEURS REUNIS f. CR DOUALA C* ABIDJAN LOADING DIRECT FOR: U4CUMON PMMK P.GENTtL/ LIBREVILLE DOUALA an? 122. 3 Oct 5 OB a<to 1 CNM I Mm Optorg Shipping Pte. Ltd lEL M A TRINTA RICHFIELD PORTLAND 2W 17/10 MELBOURNE 23/9 20/10 Also accepting braakbulk shipments. Vessel also calling Port Kombia
      282 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      984 21 The Straits Steamship Group wSf\ Mansfield Container Shipping Re Ltd I U C I 9 OSAKA MY NTMOMM LAMS BAT MR MM IXPfttSS E± PEGASUS PROGRESS PEGASUS PROGRESS STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunai Ports and Bangkok SPORE l« Part/19 Auf 2S-2S A«f m an m w an an
      984 words
    • Advertisement
      Page 21 Advertisements Column 2
      503 21 EUROPE/MED USA/PANAMA 111 11. I II! V ■MV'fl ■F 711 IZB 08 IF 7K Mill if re la w wf 7UWM Ef m 27 Jl EF 711 11 IN EF 711 |t4.H EF 712 ia.ii i7.il ia.ia ia.ii 27.ia 31.1 a ai.ii nit 12.11 14.11 IS.II 17.11 Gofiorsl Ag*nt EE
      503 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      262 22 CO NT AINERSHIP SERVICE TO UK CONTINENT ALL UK INLAND DESTINATIONS. BELFAST, DUBLIN COPENHAGEN, AARHUS. GOTHENBURG. MALM). HELSINKI. OSLO. AMSTERDAM CARIBBEAN t S AMERICA CONVjSEMI CONTAINER SERVICE TO EUROPE COW SEMI CONTAINER SERVICE TO MED EUROPE CO NT AINERSHIP SERVICE PROM UK CONTINENT lay Karma thru tgents Singapore *****66 K.
      262 words
    • Advertisement
      Page 22 Advertisements Column 2
      569 22 u FULLY CONTAINERISED SERVICE [TO fUROPE VIA Slit/ Mwh" thf Consortium fROM ['JROPE VIA SUFZ s Member of the Ace Consortium NEPTUNE CRYSTAL 2ZH 2W M VERRA2ANO BRIOCE I7t 29/1 1/9 2/9 TRANSWORLO MIOGC 3BE ifi Ili W SEVEN SEAS BRIDGE 111 12/9 IV) ISA ACE CONCORD IK 16/9 19/9
      569 words
    • Advertisement
      Page 22 Advertisements Column 3
      388 22 SAILINGS EVERY MONDAY Smg lpoif HSi-M MMI [>#KR» SHIFTING f If lIP !>•' V ,1088 'i {'.M P INDIA STEAMSHII EXPRESS FCL/LCL FORTNIGHTLY CONTAMER SERVICE TO MADRAS HALOIA CALCUTTA CH ITT A GONG CHALNA SIN MAO* HAL* CAL MAO MLA* CTC INDIAN COURIER V22NNOI— 30« 31/ M 04/W T. FONTANE
      388 words
    • Advertisement
      Page 22 Advertisements Column 4
      920 22 EVERGREEN Round The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP HKC KSC KLC PUS OSK TTO (U rue nr EVER GATHER 1M TM OM VH WW GUIDE/EVER GROWTH 2M MS 1/1 IS M iL WW LIVtNC 1/1 VI 7/1 M n m WW QANT/EVER GENIUS H 12H l«l M iw2» nnl 2Wl 17/11
      920 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      659 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL SEA HAWK RATANA SHUM KA DRAGON KAMAQON VOY SIN MY SMG SIN 9LW PEN GRA (701 SM SM SM It/I 20/1 SEA FORTUNE 1731 Sid 11/1 21/t 25/1 27/1
      659 words
    • Advertisement
      Page 23 Advertisements Column 2
      228 23 NORBUL T* NORBULK CARGO SERVICES LTD. V REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICE TO UK/CONTINENT PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL OTWtt MALAYSIA S P YEO SHIPPING i TRADING KL PK *****0! PfNANG TANJUNG MARINE SDN BHD TEI SABAH TRANSPAC K K 59*0,***** CHINA OCEAN SHIPPING COMPANY S
      228 words
    • Advertisement
      Page 23 Advertisements Column 3
      691 23 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT City (f Uinkurjfi Frankfurt Ei«r«u Oaaka Bay RitanoMam STON HAH R HAVEN ROAM HAVRE ,g m nn m u/i is* m m» m "J w an m w» 27* w» m im J/N KM VH WM 7/M m HW vw 12/ M >VM
      691 words
    • Advertisement
      Page 23 Advertisements Column 4
      449 23 DJASAGETRI A Joint Europe Service Of: p.t. imma iloyo m. besiiri lloyd r.T. BUM MOOHEStt P.T. TMKORA LLOYI EXPRESS SEMI CUNTAINERSHIP SERVICES SINGAPORE TO EUROPE VtSSEL/VOY L. J BONTANG/12WB OCCAM PRMA/OWB PALEMBANG/7WB MATARAM/19WB GANOA GAMAA9WB ANTWERP STORE BILBAO PREMEN A DAM/R DAMH'BURG a/9 MO 10 10 13/10 *"22 20/10 yii
      449 words
    • Advertisement
      Page 23 Advertisements Column 5
      427 23 SIT-TWAY V3l£ HTONEYWA V22SW PAGAN VII7W PA-AN VII4W Discharging only BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok 21/23 Aug 21/22 Aug 1 2779 Aug 5/7 Sept *g» BANK LINE EXPRESS SEMI-CONTAINER SFRVICF NORTHBOUND TO UKC SPORE RDAM HULL HMBG TAUSALA SAMOA V
      427 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      903 24 kL K"UnE SHIPPinG DATA ATLAfITIC COAST (Round-Th#-WofW Service) WNC S'POUE LI N GARNET VlO SLO 21 Auc 12 to 0. FREEDOM Vl5 22 Aug 21 Aug 19 to •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSI fK/fMC SP MOTHER VSL N. GARNET VlO SM 21 Aug MACKIWAC MIDGE VI 0. FREEDOM Vl5
      903 words
    • Advertisement
      Page 24 Advertisements Column 2
      253 24 Accapdng LCL and Soutfi Africa NEW. 10 YD COiOMBO OSAKA MARU 3735f HAYAKAWA MARU 3433 C S. A. VAAI 3531 C contains iiM d carQoaa Dfract to S'para Durban P.Eliz an 4/i W 2» P.EIu C Town Durban SJd Sk) SM 26/8 27/8 30/8 J»rd.n JAR DINE SNIPPING AGENCIES (REG.
      253 words
    • Advertisement
      Page 24 Advertisements Column 3
      602 24 'M AUSTRALIA EXPRESS CONTAINER SERVICE Aooapdna FCUFCL Container* M«.n| LMr In* Spon "CHANOt OAS' W 3 S«0 "kaiiwas" vsm fw Si# to Acnob II S* 27 S«p( K S«pt AM/Bnt U Oct 21 Oct 1* Oct AM/Bm INDIA EXPRESS CONTAINER SERVICE Aocepttng PCL/FCL Contalnere 10 V.MH wC PRADESH VMM M
      602 words
    • Advertisement
      Page 24 Advertisements Column 4
      669 24 ICTto- GOLDEN LINE WS&-V GUAM GUM* SHPTME (HE) LTD Zl Ttto b* SM 1 ■—'»4 wmrm «w m. mum <n üb) Fu. mm STRAITS/PERSIAN GULF SERVICE: Spor. P.Katai«Pm 001KN BEAR 22/21 Ami 00LDEN HARVEST CotomtaHerec* /Muscat/Duta 10* Uft— CHINA SERVICE A VESSEL nm#>i/»wili«w| SIS Am— CHINA OCEAN SNIPPING CO., PEKING
      669 words
    • Advertisement
      Page 24 Advertisements Column 5
      376 24 PHI LI OHKNT LIN€S PT( I TP ♦'{AH Off cr f>3 Ho§ r ,ON MAP U AF MO A A P u "'-N r Ni.AI iiHf f wi f« ?/i» H: i jn I 7T li.'i. Vt 1 :i'1.:.'.1.V J 1 SC3 LATTAHA, KNRMA2 TNPOU, ALEXANOMA. MuTTA. AOE* OJOOUTI J
      376 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      931 25 NEPTUNE AGENCIES PTE. LTO. FE EU/AUST TP A/SEA Teontnel CFS BOOKINGS; *****J1 *****« *****22 *****53 JJMUJ gjg" 2710U1 *****41 NEPTUNE ORIENT LINES LTD FAB EMT/EBRBPE FULLY CBNTMBBSEBSaVICE, NEPLINE SON. BHD. NMK7 NEPLINE SON. BHD 2U4883 NEPLINE SON. BHD. UMUfnmiKMlitnw NEPLINE SON. BHD. 2MOMRMB4I INWARD/OUTWARO ENQUIR'ES *****44 mwnbtr o* ttw ACE
      931 words
    • Advertisement
      Page 25 Advertisements Column 2
      503 25 No I Donwn/TWI No Oonom/TOM Car|oboy/7US No 1 Donem/TOIN M. Entarjrtao/713tt General Survey at Gdn. PPW PIC on 201.17 from MB to UOO hra M.V No. 7 Oonom V.7W S/N SPORt A&IMS S{PTUNt AGINCIIS PTI I ID Tti '.'.vsio .vijc:: <0p»-jIpoo«) KUitr jimXA (1.-m.nji) :MMO 7x:v* <CFS> MAtAYSIA »GIN!S tunas
      503 words
    • Advertisement
      Page 25 Advertisements Column 3
      610 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Marktt Straet Singapore 0104 Tal: *****33 (15 Utm) Tarminal Officr *****41/2 SINSOV SINGAPORE Talax Numbers RS ***** RS ***** RS2SIOB MS HANDLING SYSTEM CO SON. MO. mode ut&hSjr .ne ma t* aci/nwn ti«: ma mu -feblos- TN: &ZM*niw \STwI 20?!
      610 words
    • Advertisement
      Page 25 Advertisements Column 4
      26 25 ggSk AUSTRALIAN SERVICES WEEKLY CONSOLIDATION/SHIPPING SERVICES TO/FROM ALL AUSTRALIAN PORTS INCLUDING TASMANIA A ALL INLAND POINTS BOOKING AGENT: FREIGHT MANAGEMENT SINGAPORE CONTACT: LYN/HELEN *****11 (15 LINES)
      26 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      303 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 bnesi FAX *****39 *****76 TUEX RS ***** A/B SSCMA RS ***** A/B SSCAD VE.B DEUTFRACHT SEtREEDERFI INTEGRATED FULL CONTAINER SERVICE TO EU*O« ARKONA mm 11M 122.1 I RUNUNOW 2M 112/1 USAJtAMO WW •VIA COLOMBO: Aoaptinf cargo for INDIA Bombay, Cochin Madras
      303 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      171 26 m Regional Weather 8 <4 m -r r i m m Sis I si ->\ K cV I m SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. •c yA Wind direction with speed m knots Wove height LEGEND R Thunderstorm Temperature c X\ V Shower Weather Wind direction
      171 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      243 27 Mill CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE OTHER DESTINATIONS. AARHUS. AMSTERDAM. ANTWERP. BASLE. BREMEN. BREMERHAVEN, COPENHAGEN. HELSINKI. MALMO. OSLO. STOCKHOLM. UK. P.KELANG Omit FROM EUROPE VSL
      243 words
    • Advertisement
      Page 27 Advertisements Column 2
      203 27 CONTAINER LINE DAILY ACCEPTING LCL/FCL TO:K TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO: DAKAR, CONAKRY 19/8 21/8 ABIDJAN, LOME 278 298 CONTONOU, DOUALA LIBREVILLE, PORT GENTIL P. NOIRE, LUANDA Bookings MAC-NELS AGENCIES PTE. LTD. MAC-NELS (MALAYSIA) SDN BHD. MAC-NELS (PENANG) SDN BHD. *****44 (22 Lines) P. Kelang Tel: (03)
      203 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      319 28 FARGO SHIPPING COMPANY(PTE)LTD REGULAR EXPRESS FULL CONTAINER AND LCL SERVICE MBOUND AGENT FOR ABC CONTAINE RUNE From USA/Can*da/Europ«/Medlt*rran«an V«l ANTWERPEN C. VEROLME TNT EXPRESS E. HUDIG EMEU EM EM Ism EES MM wm 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS
      319 words
    • Advertisement
      Page 28 Advertisements Column 2
      836 28 S M N (SOCIETE MAURICIENNE DE NAVIGATION) INDIA OCEAN, SOUTH/EAST AFRICA REGULAR SEMI-CONTAINER SERVICE Agents SEALION SHIPPING (S) PTE LTD TFL *****81 *****72 TFLEX RSI43S4 SEIION FA< *****41 I Aftm* Ocean Lms Lid. NIGERIA. WEST AFRICA SERVICE VESSEL I ETA SPORE 1 MARIE H 29/8 Loading for APAPA/LAGOS, PORT HARCOURT,
      836 words
    • Advertisement
      Page 28 Advertisements Column 3
      493 28 AMERICAN TRANSPORT LINES, INC. AnflVam. OTEXAS RAINBOW CANADIAN RAINBOW NEW YORK RAINBOW A VESSEL TEXAS RAINBOW SPORE 14/9-15/9 5/10-6/10 31/10-1/11 19/11-20/11 8/12-9/12 JAX TAMPICO 19/10 24/10 10/11 15/11 5/12 10/12 HQ2 29/12 13/1 11/1ACCEPT INC CARGO TO ATLANTA, SAVANNAH. lALTWORE. HUM, TAMPA. OTHER UX EAST COAST PONTS ON RBQUEST ALSO
      493 words