The Business Times, 24 March 1988

Microfilm: NL16110
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, MARCH 24, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    282 1 Reuter Dow Jones steady WALL STREET stocks remained mixed in early trading yesterday as they were at the opening and at Tuesday's close. The Dow Jones 30 index was unchanged but a few more issues showed gains than losses. Trading was moderate. Both the CPI and gross
    Reuter  -  282 words
  • Article, Illustration
    Regional markets finish mixed
    180 1 THE SINGAPORE market edged upwards yesterday in moderate trading, with share prices closing marginally higher. Activity was focused on second-liners. The ST Industrial Index rose 3.65 points to 951.50, while the BT Composite Index finished at 847.02, a gain of 4.31 points. In Tokyo, share prices
    180 words
  • Article
    Bank of England acts to halt sterling rise
    139 1 THE BANK of England intervened in the London foreign exchange market yesterday morning to curb the British pound's vigorous rise. Dealers said the British central bank sold sterling to buy marks at mid-morning when the pound topped 3.11 West German marks. The
    139 words
  • Article
    Lock icon Manila, Washington name panels in bases talks
    380 1 Agencies THE PHILIPPINES and the US yesterday named their respective panels that will review an agreement governing US military bases in the Philippines starting in Manila on April 5. Foreign Secretary Raul Manglapus has been named to head the five-man Philippine panel while
    Agencies  -  380 words
  • Article, Illustration
    Hongkong tycoon eyes major property deals
    549 1  -  Bid for residential and entertainment projects By BOEY KIT YIN AFTER a $11.4-million foray into Singapore s property market last year, Hongkong tycoon Deacon Chiu is now taking final steps to make major investments in residential and entertainment projects. Through his Hongkong investment holding
    549 words
  • Article
    Property investors face growing competition from foreigners
    433 1 PROPERTY INVESTORS, on the look-out for major pieces of real estate development in Singapore. are facing increasing competition from Hongkong and Taiwanese parties. The foreigners, who are on a worldwide hunt to invest in property. are attracted by Singapore's political stability and sound
    433 words
  • Article
    Economic policy committee already exists
    116 1 FIRST DEPUTY Prime Minister Goh Chok Tong chairs a ministerial committee which coordinates the government's overall economic policy. The Trade and Industry Minister, Brigadier-General (Reservist) Lee Hsien Loong, who is himself on the committee, said this when asked by Mr Yeo Toon Chia (Ang Mo
    116 words
  • Article
    National Iron and Steel proposes one-for-two bonus issue
    530 1  -  By AMY BALAN FOLLOWING a denial made a month ago. National Iron and Steel Mills Ltd has proposed a one-for-two bonus share issue on the back of better-than-expec-ted financial results. Profit after tax and minority interest rose 39.4 per cent to $30.5
    530 words
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      67 1 TIENGOURTJ? SICHUAN CUISINE (A* Kings Hotel Havelock Road Singapore 0316 Tel: 733 0011 *<•••••« s Start off on a right note in the morning. Use Braun micron foil shavers: recognised worldwide as a measure of quality and good design. Use with or without cord 1 hour quick charge Charge from
      67 words
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      249 1 Full report, Page 16 Regional markets, Page 18 World markets, Page 19 SHARE INFORMATION MONEY ft EXCHANGES COMMODITIES AIRCRAFT SCHEDULE CROSSWORDS TV ft RADIO BRISTOW DOONESBURY THE BANKS PARTICIPATING in the shared automated teller machine network ought to seek written permission from their customers to clear them of the secrecy
      249 words
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      Page 1 Advertisements Column 3
      112 1 DBS Land breaks off Adalphl talks, Back Page Should the HDB build? THE HOUSING and Development Board has for 26 years done a superb job of housing the people. In the process it has built up a huge administrative apparatus. That is now to be whittled down under the government's
      112 words
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      5 1 Mors Parliament reports, Page 2
      5 words
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      119 1 BALLY ..meets the challenge of tomorrow Tj Shipping Times comes as a separata section today. Make sure you get your copy. <~ r w* W :r |jfc liiifGUr xs mmo. lii n DINING ON TOP-OF-THE-WORLD Join us at the top. Enjoy the best Beijing cuisines spec ially prepared by our
      119 words
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  • FOCUS
    • Article
      Drugs: seizing of assets to be studied
      417 2  -  MINISTRY OF HOME AFFAIRS msmMi Reports by JOHN LIM, LOH HUI YIN and GENEVIEVE CUA THE GOVERNMENT would consider laws to seize the assets of convicted drug traffickers, said Home Affairs Minister Professor S Jayakumar yesterday. Professor Jayakumar said that the Government would
      417 words
    • Article, Illustration
      Road hoggers and bad drivers, look out
      240 2 THE TRAFFIC POLICE will be on the lookout for road hoggers on expressways. Such drivers, who crawl along expressways, especially those who hog the extreme right lane meant for overtaking, are a hazard to other road users Dr Lee Boon Yang said road
      240 words
    • Article
      Architects, engineers urged to work with fire bureau to ensure public safety
      323 2 ARCHITECTS and engineers must work together with the Fire Safety Bureau (FSB) to ensure that building plans provided for public safety, said Or Lee Boon Yang yesterday. The Minister of State (Home Affairs) was replying to Mr Bernard
      323 words
    • PARLIAMENT BRIEFS
      • Article
        Financial system sound
        58 2 SINGAPORE'S financial system was sound. Dr Richard Hu reiterated yesterday when Parliament began debating the Finance Ministry's budget estimates for the new fiscal year. But before he could finish explaining why he was confident about the financial system here, Parliament adjourned for the day at 4pm. Debate
        58 words
      • Article
        Index of business costs
        65 2 THE MINISTRY of Trade and Industry has a system of monitoring the cost of doing business in Singapore. Briga-dier-General (Res) Lee Hsien Loong, Minister for Trade and Industry, said that the ministry had developed a comprehensive index of various costs and all changes were reflected in
        65 words
      • Article
        Cleaner beaches
        33 2 THE GOVERNMENT will be buying machines to clean Singapore's beaches. Dr Ahmad Mattar, Minister for the Environment, also said there was a need for public education to keep our beaches clean.
        33 words
      • Article
        Clearing the air
        61 2 A POLLUTION control committee is studying ways to reduce smoke emission from vehicles. Dr Ahmad Mattar, Minister for the Environment, said that four options were being studied: an increase in fines, a review of the design standards of vehicles, a change in the smoke emission standards and
        61 words
      • Article
        Immigration policy
        91 2 SLIGHTLY MORE than a quarter of a million people staying in Singapore under various kinds of permits could have been potential applicants for permanent residence last year. That is why, pointed out Home Affairs Minister Professor S Jayakumar, the Government adopts a cautious, selective. even strict immigration policy.
        91 words
      • Article
        HDB air raid shelters
        72 2 THE FIRST eight air raid shelters in Housing and Development Board flats will be ready by this year-end in Jurong West and Pasir Ris housing estates. And according to Dr Lee Boon Yang, the Minister of State (Home Affairs), there will be 829 blocks with such
        72 words
      • Article
        Fewer abortions
        56 2 THE NUMBER of abortions decreased last year compared with 1986. Last year, there were about 21,200 legalised abortions. Roughly a fifth were performed by government doctors and the rest by private doctors. In 1986, there were about 23,000 abortions, about 6,300 of which were done by government doctors
        56 words
      • Article
        Labelling of medicines
        65 2 ONE IN FIVE clinics did not comply with the Medicines (Labelling) Regulations, a survey conducted in 1985 and 1986 showed. Mr Yeo Cheow Tong, Acting Minister for Health, said the instances of non-compliance were minor as the labels failed to specify the strength of the medicine, the
        65 words
      • Article
        Publication of textbooks
        51 2 THE PRIVATE sector was free to publish textbooks, said Mr Tang Guan Seng, Parliamentary Secretary for Education. In fact, textbooks produced by the private sector were already being used in schools. Competition from private publishers would enhance the range and quality of Singapore s educational materials. he
        51 words
      • Article
        Police go on-line
        64 2 THE COMPUTERISATION of the police force was well under way, said Professor S Jayakumar, Minister for Home Affairs. The move was part of a drive to increase the force's efficiency. In addition, members of the force had been deployed in more vital areas to make the fullest
        64 words
  • Page 2 Advertisements
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      245 2 Corporate Electronic Banking. Hexagon. Centralise the finances of your subsidiaries, instantly. Welcome to Corporate Electronic Banking J T f f Decentralising management control has its problems. Problems that arise because your subsidiaries do not work to your schedules. They may be in another time zone or lack the authorisation to
      245 words
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      Page 2 Advertisements Column 2
      117 2 COULD YOU SELL THIS SPACE? Business Times has a vacancy for an experienced sales person whose personality, background and experience will enable him/her to seek out and persuade advertisers whose products or services would benefit from exposure in the leading business newspaper in Singapore. The position and the remuneration will
      117 words
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  • HOME NEWS
    • Article, Illustration
      Qing Dynasty artefacts making their way here
      322 3 THE EIGHT-MONTH-LONG Qing Dynasty exhibition to be staged at the restored Empress Place Building next year will be promoted overseas. Mr Joseph Chew, chairman of Historical and Cultural Exhibitions Pte Ltd (HCEPL), said this at the signing ceremony yesterday between Singapore and China.
      322 words
    • Article
      Monotype buys Spicers' divisions
      255 3 MONOTYPE (SEA), the Britishowned distributor of photo-typ-setting equipment, has bought over the machinery divisions of Spicers in Singapore, Malaysia and Hongkong for about $800,000. The recent acquisition is in line with Monotype's plan to broaden its market base in the region. It will now sell pre-press
      255 words
    • Article
      Ngee Ann offers incentive in staff recruitment
      461 3  -  By TONG SUIT CHEE BESIDES WALK-IN interviews, Ngee Ann Polytechnic is trying another new way of getting staff. It is offering lecturers an incentive if they recommend two or three new teaching staff, provided they stay on for more than a year The
      461 words
    • Article
      West German team due
      84 3 AN EIGHT-MEMBER team from the West German Parliament arrives here today on the last leg of its visit to three Asean countries. The delegation, headed by Mr Klaus-Jurgen Hedrich, will pay a courtesy call on Mr S Dhanabalan, Foreign and National Development Minister, during their three-day
      84 words
    • Article
      Ex-lawyer charged with CBT
      74 3 A FORMER LAWYER was yesterday charged with criminal breach of trust in five instances. The court heard that Munusamy Sugunaretnam, 54. was entrusted with sums of money which belonged to clients and the office accounts of the law firm, M S Retnam Company in Chin Swee
      74 words
    • Article
      Wooing the Taiwanese investor
      322 3 A HIGH-LEVEL MISSION will leave on Sunday for Taiwan to identify trade and business opportunities following the country's recent liberalisation of its market. Included in the delegation, to be led by Trade Development Board chairman Mr Alan Yeo, will be Mr Lim Kim Kuay, TDB's director
      322 words
    • Article
      Three worrying features in S'pore's trade
      333 3 A COMPARISON of the trade performances of the four Asian newly-industrialising countries threw up three worrying features for Singapore, said the chief of a leading manufacturers' body yesterday. One was that Singapore was the least successful of the four countries in tapping the developed
      333 words
  • Page 3 Advertisements
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      231 3 Wth 746 guest rooms and 40 suites, the Shangri-La brings to Chinas capital our world famous standards of service and accommodation. There are fine Chinese and Continental restaurants in which you and your guests can enjoy gourmet cuisine. Our 24-hour Business Centre is recognised as the finest in the city.
      231 words
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  • Page 4 Advertisements
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      141 4 Don't dpill the beans! Qjjj) One s evening entertainment takes on a whole new jollity in the cloistered conhnes of The Club. Resplendent in spanking new threads, The Club pours balm on the arid throats ot early evening cocktailers. And goes on late into the night, appeasing the urge ol
      141 words
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  • ASIA – PACIFIC
    • Article
      DAILY AIRCRAFT MOVEMENTS
      848 5 ARRIVALS Operator Service Local From number time OA OA472 0015 SYD/MEL SIA SQI1 0115 LAX/NRT •C IC555 0655 MAA MAS MH681 0820 KUL MAS MH811 0910 PEN MAS MH671 0920 KUL SIA SQI 03 0950 KUL AC AC058 0950 YYZ/LHR/BOM CPA CX710 1015 CGK MAS MH603 1020
      848 words
    • Article
      Lock icon Fiji maintaining wage freeze to ensure economic recovery
      238 5 Reuter FIJI will maintain a wage freeze in force since the beginning of the year to ensure continued economic recovery, Finance Minister Josevata Kamikamica said in Suva yesterday. "There has been some improvement in the economic situation but we need to ensure
      Reuter  -  238 words
    • Article
      New posting for AWSJ publisher
      119 5 THE ASIAN WALL STREET Journal s publisher and editor, Fred Zimmerman, is to return to a new position in the US after four years at the helm of the Hongkong-based regional newspaper, according to an announcement by Dow Jones Co in New York. The US
      119 words
    • Article
      Lock icon 'Macau autonomy hinges on economic progress'
      502 5 AFP STRONG DEVELOPMENT and a continued Portuguese economic presence will allow Macau to remain self-reliant after its transfer to Chinese rule in 1999, according to Macau Governor Carlos Melancia. In an interview in Macau on Monday. Mr Melancia also said his administration aims for
      AFP  -  502 words
    • Article
      Lock icon Asean-Japan fund raises interest in mixed financing schemes
      381 5 Reuter PHILIPPINES Trade and Industry Undersecretary Tomas Alcantara said in Manila on Tuesday that the launch of the Asean-Japan Development Fund (AJDF) has provoked international interest in mixed financing schemes to reduce interest rates. The AJDF, from which poorer members of the
      Reuter  -  381 words
    • Article
      Lock icon Thailand happy with new Indonesian Cabinet
      123 5 AFP THAILAND has no complaints about Indonesia's reshuffled Cabinet and believes it can work with Jakarta's new Foreign Minister, an official said in Bangkok on Tuesday. Thai Foreign Ministry spokesman Saroj Chavanavirat. in an interview on state-run television, said Monday's reshuffle of the Indonesian
      AFP  -  123 words
    • Article
      Lock icon Where workers vote to raise the manager's bonus
      346 5 AP UNION MEMBERS at the Beijing No 1 Machine Tool Plant recently decided that the factory manager had not been duly rewarded for his hard work, and voted to increase his annual bonus. That was one example, boasted Zheng Lanjun. head of
      AP  -  346 words
    • Article
      Lock icon Taiwanese seek to invest more in China
      113 5 AFP TAIWANESE businessmen seek to expand investment 1 in the mainland s Fujian province, the official China Daily reported on Tuesday. More than 40 invest- ment agreements have been sealed between Taiwan and Fujian since Taipei lifted a ban on visits by Taiwanese
      AFP  -  113 words
    • Article
      Lock icon Tokyo protests against sanctions on Toshiba
      177 5 AP JAPAN has lodged a protest with the US over American legislation to punish the Toshiba group for illegally selling sensitive technology to the Soviet Union, the Foreign Ministry said in Tokyo on Tuesday. A Ministry official, who spoke on condition of anonymity, said
      AP  -  177 words
    • Article
      Lock icon 'Coordination needed to get US to cut deficit'
      205 5 Reuter JAPAN AND EUROPE must coordinate their efforts to encourage the US to work decisively to reduce its budget deficit. "It is vital that we cooperate toward the establishment of a strong America," Eishiro Saito, chairman of the Japanese Federation of Economic
      Reuter  -  205 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      177 5 TORONTO The business person's choice, every Tuesday, Thursday, Saturday and Sunday. Leaving Chongi Airport at 22:05 hours and arriving at Lester B. Pearson International Airport the followma day. Call your Travel Aqent or Air Canada at *****55. AIR CANADA ThcC S~ -J 1 < f Delhi. For centuries its glory
      177 words
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      Page 5 Advertisements Column 2
      187 5 A HOME NOTA HOTEL. There's no place like home. Especially after being away for a few weeks on a business trip. But now, in Singapore, The Ascott Executive Residences provide a marvellous home away from home. One or two bedroom apartments and penthouses individually designed for the executive or family
      187 words
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  • REST OF THE WORLD
    • Article
      Lock icon US durable goods orders fell 1.8pc in February
      505 6 Reuter NEW US ORDERS for durable goods fell in February for the second consecutive month, with the largest declines coming in machinery and business equipment bookings, the government said in Washington on Tuesday. Economists said they were confident the setback was an
      Reuter  -  505 words
    • Article
      Lock icon US House rejects Gephardt amendment to trade bill
      225 6 Reuter CONGRESSIONAL trade negotiators and the Senate have rejected a proposal calling for reprisals against countries like Japan, Taiwan and South Korea that consistently run up trade surpluses with the United States. Rejecting the so-called Gephardt Amendment, the US House of Representatives
      Reuter  -  225 words
    • Article
      Lock icon Dukakis ahead of Bush in opinion poll
      243 6 Reuter DEMOCRAT Michael Dukakis has narrowly passed Republican Vice-President George Bush in the US presidential race, according to a public opinion poll reported on American television on Tuesday. The ABC television network said the national survey found 48 per cent support for Massachusetts
      Reuter  -  243 words
    • Article, Illustration
      Lock icon Officials give vent to US beef
      220 6 Reuter IF A GOOD PICTURE is worth a thousand words, the Reagan administration had a lot to say on Tuesday about Japanese quotas on imports of American beef and citrus. Two top US officials told a joint news conference in Washington that the Tokyo
      Reuter  -  220 words
    • Article, Illustration
      Lock icon Mitterrand to seek another term
      376 6 Reuter PRESIDENT Francois Mitterrand, saying that France needed him to fight off right-wing intolerance, announced in Paris on Tuesday that he would seek a new seven-year term of office at the age of 71. "I want France to be united. It will not be if
      Reuter  -  376 words
    • Article
      Lock icon Sarney wins vote to retain presidency
      155 6 Reuter PRESIDENT Jose Sarney of Brazil, often dismissed as a lame duck leader, won an important political victory in Congress when legislators voted on Tuesday to retain the country's strong executive presidency. The vote, 344 to 212. was a major boost for the conservative
      Reuter  -  155 words
    • Article
      Lock icon Something for every comrade at Riga market
      172 6 AP THE SOVIET UNION S tangled underground economy has poked through the surface at Moscow's Riga market a weekend jungle of moonlighters, fast-ruble artists and curious consumers brought out by Soviet leader Mikhail Gorbachev s economic reforms "You can get anything you want
      AP  -  172 words
    • Article
      Lock icon Call by eight to reduce tension in Honduras
      202 6 AP A SEVEN-POINT COMMUNIQUE presented by Colombia's representative to the UN, Enrique Penalosa. has specifically called for "de-es-calation" of the foreign military presence in the Honduras, and asked for "an end to all assistance to irregular forces and insurgents operating in the
      AP  -  202 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      120 6 Leader, Paoe 10 Welcome to a stopover in Germany. ?Sr 1V... 71L J&f J* Wherever you go in Europe, either on business or on holiday, make a stopover in Germany. This place we call home gives you everything from picture-book landscapes to streetside cafes. Lufthansa's Hansatours offer you a Lufthansa
      120 words
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      Page 6 Advertisements Column 2
      7 6 K»y thtmt In Ownocritic campaigns, Pag« 11
      7 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      60 6 Doonesbury •ANPI A6RBB HJITH MR. QEPHARUT'S ASSERTION THAT ASIANS ARB THRBATBNING OUR ECONOMIC FUTURE-..." i m o*m>\ 5r u r "we can sea it rjqhthbpb in OUR OWN SCHOOL. MHO ARB GETTING INTO THB BEST CDLLB6ES, IN DISPROPORTIONATE NUMUH... THAT U/AS THANK CERTAINLY AN y \r BY GARRY TRUDEAU unfortunately,:
      60 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      123 6 •//S' Mix/ Not* Singapore OUTLOOK: Cloudy wHh OCC A S KJOi 4 Report foe 24 heurt prior to 7.30pm on Mor 23 at Mr* of HimMm 0.00 IMM In hmh 0 6 MlntoN thia 170.1 Rainy dayi Mt mth 11 Moscow Nossou New Delhi New York Nicosio Otto Port* Perth
      123 words
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  • Page 7 Advertisements
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      242 7 It had to come to this. For 9 long years we've been slogging away in the same old grotty office at Beach Road. We've watched in silence as clients became more demanding and deadlines grew alarmingly shorter. We've stood by as fresh new faces streamed in followed by odd pieces
      242 words
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  • COMMODITIES
    • Article
      Lock icon Soybean
      211 8 Reuter SOYBEAN futures closed on the Chicago Board of Trade on Tuesday with extended gains of two to 7-1/2 cents a bushel. May finished 5-1/4 cents higher at U556.43. Prices firmed on buying mainly by professional houses, especially the influential C and D Commodities. which bought a May, August
      Reuter  -  211 words
    • Article
      Lock icon Wheat
      152 8 Reuter WHEAT futures closed on Tuesday on the Chicago Board of Tarde with gains of 3-1/2 to 1-1/2 cents a bushel. May settled 3-1/2 cents higher at US$3.O7-1/2. Traders said commission house buying and the absence of commercial sales firmed prices throughout the session. Ideas China may buy more
      Reuter  -  152 words
    • Article
      Oil and Products
      86 8 MOST product prices marked firm in dull trading. Crude in the US declined on bearish inventory levels. Closing prices for crude (FOB origin) US$/b«rr»l Oong* Toph (Mor) 15.90 Mjnoi (Mar) 15.47 Dubai (May) 13.20 ww T««o» WTI (April)* 16.02 -0.50 N«w YoHi do«« previous day Products (FOB
      86 words
    • Article
      SSR and SMR
      84 8 (canft/kg) APRIL 1988 MAY 1988 (current month) (forward month) NOON NOON RAS &uy»r» S«lk«ri ftuy*rs S*ll*r> SSR 20 220.50 222.50N 220.50 222.50N SSR 50 219.00 22) OON 219.00 221. OON MRELB Suyarj Srfm Ivytn S*ll«rs SMR CV 305.50 307.50N 306.50 308 50N SMS I 307 00 309
      84 words
    • Article
      Lock icon Rubber
      332 8 Reuter SINGAPORE The rubber market closed slightly steadier yesterday with April 1 RSS buyers quoted at 221 75 cents/kilo, up 0.50 cent from Tuesday's close, dealers said After a steadier opening, prices fluctuated within a narrow range in thin morning trading on lack of interest and fresh factors, they
      Reuter  -  332 words
    • Article
      RAS and MRELB
      229 8 RAS prices in S cent*/kg, FOB In bal« NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 222.50 223.50N 222.50 223.50N lot 1 RSS Apr 68 221.50 222.00N 221.75 222.25 bit 1 RSS May 88 223.00 223.50 223.25 223.75 Int 2 RSS OP 219.00 221.00N 219.00
      229 words
    • Article
      Lock icon KL Tin
      196 8 Reuter The price of tin on the Kuala Lumpur Tin Market (KLTM) andad two cants lowar yaatarday at M 517.40 ringgit a kg, axtanding Tuaaday'a loaaaa, daalara aald. Trading ramalnad thin with only 33 tonnas tradad against 61 on Tuaaday, and daalars addad that operators continued to adopt
      Reuter  -  196 words
    • Article
      Lock icon Precious Metals
      347 8 Reuter HONGKONG: Gold closed slightly higher yesterday in fairly active bargain hunting following the easier tone in New York, dealers said. They said local physical demand provided some support, although participants generally preferred to await the US February consumer price index due at 1330 GMT for clear direction.
      Reuter  -  347 words
    • Article
      Lock icon Palm Oil
      441 8 Bernama ES Reuter Crude palm oil futures closed higher in moderately active trading on the KLCE yesterday. Dealers said good demand in cash market helped to boost market sentiment. Reports that Indonesia's CPO shipment to Malaysia will be delayed due to some technical problems also helped market to
      Bernama ES; Reuter  -  441 words
    • Article
      Produce Prices
      240 8 Chinese Produce Exchange Selleri' noon doting price* on March 23 (SS/100 kg) Coconut oil Bulk FOB 103.00 Ok) drum FOB 117.00 New drum FOB 113.00 Copra Mixed (loott) 59 lellen Pepper Muntok white FOB NCW 1110.00 Sarawak white FOB foq NtW 1095.00 Sarawak special block FOB NIW 802.50
      240 words
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      Page 8 Advertisements Column 1
      312 8 Good ideas keep coming up pr -14 2 y, w\ Con^V*£2-—■ v »nant w«v.—J- SHA rP I 0 POVfe n °*J cut &UABO r ,-1 fSSPmSffS Ti g'|C gaa^S^ad LrHr g^B^\i^VSvS Hi'inr ISljlß X* 6 5 4 3 2 1 0 1421 pocket computer 16-digit dot matrix display with 10
      312 words
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  • FOCUS
    • Article, Illustration
      Lock icon Muslim fundamentalists enter Philippine politics
      909 9  -  In the Muslim-dominated southern Philippines, Islamic fundamentalists have made a controversial entry into party politics by winning office in local elections. RICHARD GOURLAY assesses the strength and nature of the Islamic challenge. The accompanying article discusses a bill to set up an Islamic bank. RICHARD
      FT  -  909 words
    • Article
      Proposal to set up full-fledged Islamic bank being discussed
      477 9  -  From AL O LABITA JR THE PHILIPPINES, Asia s predominantly Roman Catholic country, may set up a full-fledged Islamic bank, in the hope of helping to encourage more Middle East investments. A bill seeking to create the Philippine Islamic Investment Bank
      477 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      139 9 QIOVANNI'S BUFFET ITALIAN STYLE. UNFORGETTABLE! Qiovanni does it every day of the week! An unforgettable Italian-style lunch in the afternoon. It consists of a special Antipasto Buffet, unlimited Oyster and Salad Bar, Soup, Cheese and Dessert Buffet. Six main courses and different carvings from the trolley everyday. And all for
      139 words
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      Page 9 Advertisements Column 2
      111 9 Thai Royal Orchid Service > f m mI rr?v" V *#<&&••• ;,Ck w We're doing what comes naturally And our clients keep coming back. Because on Thai, youll be treated to the same sort of attentive, yet unobstrusive service that makes us such a favourite amongst frequent travellers, we decided
      111 words
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  • PERSPECTIVE
    • Article
      Peeking through the holes in Nets
      305 10 SINGAPORE'S first nationwide shared automated teller machine network was to have been launched six months ago. Today, the participating banks are still ironing out some nagging problems that have kept the project from going on line. First, it was a cost issue. Then, came
      305 words
    • Article
      Free traders 2, Gephardt 0
      184 10 PROTECTIONIST fever does not appear to be as rampant in the US as political rhetoric would indicate. Consider the fortunes of Rep. Richard Gephardt, the Missouri Democrat and presidential candidate who champions a gettough trade measure that would punish countries, particularly Asia's prodigious exporters, that
      184 words
    • Article, Illustration
      Lock icon Housing: Looking boldly ahead
      2094 10  -  The government's new policy on public housing will see the Housing and Development Board shrink its role to that of developer. Economists welcome the move to hive off much of the board's huge administrative apparatus. But, they told Economics Correspondent ZHOU MEI, why not go one
      Source: HDB Annual Report 1986/87  -  2,094 words
    • Article
      Maintaining property and its value: how it's done in other countries
      453 10 THE MAINTENANCE of property is essential to ensure the quality and the market value of the property in the years ahead. It is all the more important in high-rise housing estates where the neglect of individual units will adversely
      453 words
    • Article, Illustration
      Lock icon Economic nationalism a key theme in Democratic campaigns
      1001 11  -  By PETER KILBORN NYT AFTER SIX WEEKS of caucuses and primaries, economic issues have begun to shape the oratory of the Democratic presidential campaign, and many of them come down to a single theme: what economists and political analysts call economic nationalism.
      NYT  -  1,001 words
    • Article, Illustration
      Lock icon Prospect of 1992 jolts 'the other Europe'
      1235 11  -  Members of the European Free Trade Association have long enjoyed duty-free trade with the EC. But now that the European Community plans to create a true internal Common Market by 1992, says ROLF SODERLIND, the question arises as to the price EFTA members
      UPI  -  1,235 words
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      226 10 Business people waste the equivalent of one day a week looking for information. With a Unisys computer system you won't have to pay that kind of penalty. Our fourth-generation languages are productivity tools that deliver information the way you need it: quickly and in the right format Unisys 4GLs are
      226 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1237 11 WD fiGE) oaoQ® PM Opening ond Programme Highlights followed by Lingo. The Entrepreneurs An American Adventure: Giving 'Em What They Want (Pt 5, See highlights). World Music Album. Home To Roost High Spirits. Matthew and Fiona are convinced that the spare room in the house is haunted. Jane Austen Festival
      1,237 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      678 11 11 12 13 23 24 25 26 27 CRYPTIC PUZZLE ACROSS 1 Tribesmen, possibly damson producers (6) 7 Indian poetry? (8) 8 Simply speechless (4) 10 Is bade, possibly, to be unfair (6) 11 Hard beds (6) 14 Ground for some pleasure (3) 16 He gets beer in (5) 17
      678 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Cram blasts UK selection policy
      285 12 Reuter FORMER WORLD 1,500 metres champion Steve Cram has slammed Britain's Olympic athletics selection policy and said that it could wreck his plans for two gold medals at the Seoul Olympic Games. The world mile record holder was joined in his blistering attack on the
      Reuter  -  285 words
    • Article, Illustration
      Lock icon Testing time for Higgins
      177 12 AFP STORMY IRISH snooker star Alex Higgins is facing one of the most crucial months of his roll-er-coaster career. After being banned from the first two ranking tournaments of the season, Higgins has since slipped to 17th place in the updated world ranking positions. That means
      AFP  -  177 words
    • Article, Illustration
      Singapore Open comes back as a Challenger series event
      354 13 AFTER A ONE-YEAR lapse, the Singapore Open grasscourt tennis championships is back and will be upgraded to a Challenger series event carrying U5525,000 in prize money. Announcing this at a press conference to launch the Tretorn Inter-Club tennis tournament yesterday, Singapore
      354 words
    • Article
      Lock icon The older the better tor Noah?
      235 13 Reuter IT MAY BE that getting older for Yannick Noah means getting better. Noah, who has finished the past six years ranked in the top 10 of men's tennis, has often been a tip for the top. But the Frenchman has never quite fulfilled
      Reuter  -  235 words
    • Article, Illustration
      Lock icon Graf concentrates on winning Lipton title
      375 13 UPI TOP-SEEDED Steffi Graf of West Germany defeated country-wom-an Claudia Kohde-Kilsch, 6-3, 6-1, on Tuesday to advance to the semi-finals of the US$2 1 million I ipton International Players Championships in Florida. No 15 seed Mary Joe Fernandez of Miami beat unseeded Elna Reinach
      UPI  -  375 words
    • Article, Illustration
      Lock icon Last chapter begins in battle of the Brians
      342 13 Reuter OLYMPIC CHAMPION Brian Boitano, who plans a quadruple jump, and Brian Orser. who just wants to enjoy himself, began their final battle at the World Figure Skating Championships in Budapest yesterday. Boitano captured the Olympic title last month to go with
      Reuter  -  342 words
    • Article
      Jansher gets opportunity to avenge defeat by Jahangir
      183 13 WORLD SQUASH CHAMPION Jansher Khan, beaten recently by his great Pakistan rival Jahangir Khan in France, has the chance to exact sweet revenge in London next month in the British Open The British title is the one valued most by Jahangir, who
      183 words
    • Article
      Lock icon IBF still recognises Tyson as champion
      285 13 AP THE INTERNATIONAL Boxing Federation, which threatened to strip Mike Tyson of his heavyweight title, still recognises him as champion. "At this point. Mike Tyson is the heavyweight champion for the IBF," its vice-president, Jim Stevenson, said on Tuesday. "He has not been stripped
      AP  -  285 words
    • Article
      Lock icon Million-dollar stakes for bout
      113 13 Reuter THE STAKES for Jorge Vaca's World Boxing Council (WBC) welterweight title defence against Lloyd Honeyghan have been raised sky-high with the announcement of a US$l million offer to the winner. The winner of the Vaca-Ho-neyghan scrap on March 29 will be offered US$l million to
      Reuter  -  113 words
    • Article
      Lock icon Kite prepares to soar in Players Championship
      348 13 AP IT COULD have been a downer for Tom Kite. "I had my chances. I just wasn t able to do it." he said of the last-round bid that was blunted by Paul Azinger last Sunday in the Bay Hill Classic. On the
      AP  -  348 words
    • Article
      Boxing needs a compulsory retirement age
      537 13  -  Iranklif speakinq... by Walton Morals THE NEWS REPORTS contrasted sharply. In Tokyo, 21-year-old Mike Tyson demolishes out-of-shape Tony Tubbs with clinical precision. A day earlier, in Las Vegas. 40-year-old George Foreman stops Dwight Muhammad Qawi in a fight that was described as reaching near
      537 words
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      Page 12 Advertisements Column 1
      246 12 4 COURyOISIERXO-Where to eat, drink... The Szechuan Experience with the Meisan Difference Sawiur the hnest S:echuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art of true enjoyment. II MEISAN At the Meisan. BCSTAUfiANT lAitmttmrty SjrJludn. Inunu. imrh Mriwjn Royal Singapore 25 Scotts
      246 words
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      Page 12 Advertisements Column 2
      185 12 nostalgia with Every night at the Jade Lounge* From 8.30 pm Old favourites. Evergreens. Yesteryear's hits. Brian Richmond's got them all at his fingertips. Just surrender to the cosy, relaxed atmosphere of the Jade Lounge and let the great sounds of nostalgia have their day. 'Brian Richmond. 4 nights a
      185 words
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      Page 12 Advertisements Column 3
      198 12 FASHIONABLY HYATT Join the fashion-conscious every Thursday (3.00 6.(X) pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus.show at $10.50 IVT rvTC( in Plus
      198 words
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      Page 12 Advertisements Column 4
      276 12 Jolly Hours are back! Order a Guinness draft stout or draft beer get another FREE. Or get 25% off all other drinks by the glass. And 10% off bottle purchases. Nothing could be jollier! Mon Thur: 10pm to lam Come try our detectable entrees where east meets west. Citfri-XTnumiouun- i
      276 words
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      Page 12 Advertisements Column 5
      181 12 Mandarin Singapore I presents Neil Simon's BAREFMT IN THE R\RK The smash comedy that took Broadway and West End by storm! Neil Simon at his best™" Washington Post. makes you want to take oft your shoes and dance barefoot down the street-" New York Daily News. Venue: Mandarin Ballroom 23
      181 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      566 13 and entertain 4 So much to choose for only $21.50 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 $21.50 And for $27.50 you can add a roast or a
      566 words
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      Page 13 Advertisements Column 2
      5 13 Sm Frankly Speaking, this page
      5 words
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  • MONEY AND EXCHANGES
    • Article
      Simex
      437 14 JUNE Eurodollar opened unchanged in Simex yesterday from Chicago's closing level at 92.70 in quiet trading as there was very little dealing interest in the market Market participants were sidelined ahead of GNP and the US February consumer price index data. The June contract remained lightly traded from 92.69
      437 words
    • Article
      Lock icon IMM
      270 14 Reuter IMM currency futures closed mixed after a choppy, thinly traded session on Tuesday. Futures opened on a weak note and in line with gains in the dollar overnight. The US currency rose after the Bank of Japan intervened to support the dollar. The Japanese yen rose sharply Monday
      Reuter  -  270 words
    • Article
      Comex gold/silver futures
      146 14 Gold futures on March 22 100 troy ounces; USS per troy ounce Open High Low s«ra« Mo f 448.70 -0.50 Apf 449.50 451.20 447.60 449.60 -0.60 Moy 451.60 -0.60 Jun 454.00 455.50 452.00 454.00 -0.70 Aug 457.50 459.30 456.50 458.40 -0.80 Oct 462.50 465.00 462.00 463.20 -0.90
      146 words
    • Article
      Asian $ market
      211 14 Asian market ASIAN DOLLAR deposit rates closed steady yesterday at opening levels in quiet trading Most operators were on the sidelines awaiting yesterdays's release of some US economic data USS Of FEB BID 7 doys 6 7/8 6 3/4 1 mortti 6 13/16 6 11/16 2 monttij 6 7/8 6
      211 words
    • Article
      Money markets
      58 14 THE OVERNIGHT rate on the Singapore interbank market rose by points to end at 3 per cent yesterday Term rates remained unchanged across the board S$ Interbank rates at 12 noon yesterday: OFFtH BIO Oft night 3 2 7/e 1 month 3 1/8 3 2-month 3 1/8 3
      58 words
    • Article
      World interest rates
      86 14 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ881 11V 23.6.88 2.98 2.93 2.96 2.92 6 months BY*****H 22.9.88 3.00 2.95 3.01 2.97 1 year BY*****Z 23.3.89 3.10 3.05 3.11 3.08 Government notes and bonds Period Issue Maturity Coupon Yesterday's
      86 words
    • Article
      Lock icon Forex markets
      1644 14 Reuter Reuter SINGAPORE: The US dollar yesterday closed slightly lower against most major currencies partly due to some selling in generally quiet trading, dealers said. They said there were no fresh (actors to affect the dollar's movement. Most Japanese operators held back from taking large positions due to
      Reuter  -  1,644 words
    • Article, Illustration
      World interest rates
      174 14 Indicates the average of the prime lending rates of 12 major bank* in Singapore Interbank market rates (offer/bid) on March 23 us$ DM SWFC Y«n 6 3/4 s/e s/8 I/J 3 7/16 J/16 1 3/8 1/8 5 7/8 3/4 6 13/16 11/16 8 11/16 9/16 3 7/16
      174 words
    • Article
      Options
      1461 14 CURRENCY FUTURES OPTIONS Wednesday, More* 23, 1988 DEUTSCHE MARK (SIMEX) Apr 88 ca< It* Apr 88 pu» High Low Safl High Low Safl 54 CAS 55 CAS 56 CAS 57 1 58 168A 164 3 59 86A 82 208 22 60 26 26 26 74 74 74 61 8
      1,461 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Bank of Japan buys US$ to help insurers
      426 15 AFP THE BANK OF JAPAN intervened in the Tokyo foreign exchange market on Tuesday, preventing the dollar from sliding below 126.75 yen in an effort to shield Japanese insurance firms from posting huge losses in 1987. The central bank bought an estimated
      AFP  -  426 words
    • Article
      Lock icon Visa introduces a 'super smart' card in Japan
      268 15 AFP VISA INTERNATIONAL unveiled a new electronic credit card in Tokyo yesterday giving users in Japan the freedom to carry out a wide range of financial transactions. The Super Smart Card developed by Visa and electronics firm Toshiba has a conventional integrated
      AFP  -  268 words
    • Article
      Lock icon Bank of Tokyo to convert some of its Brazilian debts
      129 15 AFP THE BANK OF TOKYO, taking the lead among Brazil's major creditors, is to convert some ol the Brazilian debts it holds into venture capital. The president of the bank's Brazilian operations. Toshiro Kobayashi, said in Sao Paulo on Tuesday
      AFP  -  129 words
    • Article, Illustration
      Lock icon Japan's outstanding personal savings up
      226 15 Reuter JAPAN'S outstanding personal savings totalled 572,942 billion yen on Dec 31, 1987, up 10.7 per cent from a year earlier, the Bank of Japan said. However, savings in the Oc-tober-December period fell 2.7 per cent from the previous quarter partly due to a slowing
      Reuter  -  226 words
    • Article
      Lock icon Profits up for non-Japanese banks in Korea
      192 15 AFP THE NET PROFITS of the 45 nonJapanese foreign banks operating in South Korea rose 30 per cent from a year earlier to US$l22 million in the year to Dec 31, the Bank of Korea said on Tuesday. The combined figure accounted for
      AFP  -  192 words
    • Article
      Lock icon Taiwan to cut forex reserves
      221 15 Reuter TAIWAN will buy gold and reduce its external debt to help cut its massive foreign exchange reserves, a senior central bank official said in Taipei on Tuesday. "Buying more gold is part of our efforts to diversify and cut our foreign exchange holdings," the
      Reuter  -  221 words
    • Article
      Greater impetus for automated trading
      296 15  -  Financial markets becoming more global in nature By LEONG WEN WAH THE TREND towards globalised financial markets is hastening the move towards automated trading of securities and financial instruments. "The international banking and securities trading arena is one of rapid, sometimes dramatic, change,'' said Mr
      296 words
    • Article
      Lock icon US will back expanded role for IADB after reforms
      307 15 Reuter THE UNITED STATES, sounding more conciliatory than in recent days, has told the Inter-American Development Bank (IADB) that it will back an expanded role for the lending agency once reforms are agreed upon. US Assistant Treasury Secretary David Mulford, in
      Reuter  -  307 words
    • Article
      Lock icon Irving buying more of Aussie venture
      53 15 Reuter IRVING BANK CORP said in New York on Tuesday that it had signed a letter of intent to acquire the 50 per cent interest in Australian merchant bank Trans City Holdings Ltd it did not already own from Capita Financial Group of Australia
      Reuter  -  53 words
    • Article
      Lock icon US bank woes renew debate over deposit insurance funds
      510 15 Reuter FINANCIAL PROBLEMS at large banks and savings and loan associations in Texas and California are reviving calls for reform of US deposit insurance, banking analysts and Congressional staff say. Proposals have been advanced to merge the Federal Deposit Insurance Corp
      Reuter  -  510 words
    • Article
      HongkongBank beefs up its home loan package
      373 15 YET ONE more major bank has decided to beef up its home loan package. Hongkongßank announced yesterday that its two-month-old Home Access Loan package will now include a renovation loan at very attractive interest rates and free valuation of the property to be
      373 words
    • Article
      Lock icon KL investors may soon be able to apply for shares through ATMs
      269 15 Bernama ES IF ALL GOES WELL, investors in Malaysia will be able to use the automated teller machine (ATM) to apply for new shares in the next public issue. The general manager of MIDF Consultancy Corporate Service Sdn
      Bernama ES  -  269 words
    • Article
      Lock icon CCB sets up panel to recover loans
      149 15 Bernama THE MALAYSIAN Cooperative Central Bank (CCB) has set up a panel to recover loans which have not been repaid by borrowers. Deputy Finance Minister Senator Farid Ariffin said in Kuala Lumpur on Tuesday. The panel would have meetings with borrowers to discuss
      Bernama  -  149 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      111 15 "Why were you born? The purpose and meaning of your life on earth. Furthei information is available in different languages. UNIVERSAL LIFE, dept. E P.O. Box 5643, D-8700 Wuerzburg, West-Germany" KAMPACfff Japanese Restaurant f 1 Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese
      111 words
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      Page 15 Advertisements Column 2
      289 15 APPOINTMENT Coopers &Ly brand Associates provides a comprehensive range of management consultancy services aimed at helping clients increase the effectiveness and profitability of their organisation. These services include Corporate Development Strategic Planning, Financial Control and Management Information Systems, Manpower Reviews and Cost Reduction Studies, information Technology, Manufacturing and Distribution Systems,
      289 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Market edges higher with focus on second-liners
      4730 16 THE STOCK MARKET inched upwards yesterday with activity concentrated on the second-liners and penny stocks. Dealers said there was some speculative buying interest and bargain hunting following Tuesday's 11point fall. Share prices closed marginally higher over a broad front. The popularly-followed Straits Times
      4,730 words
    • Article
      Business done on the SES
      3713 16 BID and offer prices officially listed and business in and reported to the Stock Exchange at Singapore yesterday with the number at shares traded shown in brackets in lots at 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,713 words
    • Article
      COMPANY MEETINGS
      78 16 GENERAL SECURITIES INVESTMENTS Limited: 13th AGM in the Function Room of The Development Bank of Singapore Ltd, 45th Storey. DBS Building. 6 Shenton Way, Singapore 0106 on Monday. March 28, at 11am. GOODWOOD PARK HOTEL Limited: 40th AGM at the Tudor Ballroom. Goodwood Park Hotel, 22 Scotts Road,
      78 words
    • Article
      Unit trusts
      283 16 Managers' prices for Mardi 24 Singapore Unit Trust The Commerce 095 101 The Savings Fund 081 087* Spore frog Fund 036 042 S pore Sec Fund 064 069 Spore Invest fund 068 073 S'pore Equity Fund 046 050 Asia Unit Trust Mol Invest Fund 131 1 41 Mol
      283 words
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  • COMPANY NEWS
    • Article
      QAF shares rise on talk of takeover bid
      183 17 MARKET TALK that food-based company QAF is the target of a takeover bid fuelled speculative interest in the stock yesterday. It was the most actively traded stock with more than four million shares changing hands. It rose 6.5 cents to 52.5 cents.
      183 words
    • Article
      Lock icon Temerloh in the dark about sale of 7.43m shares
      165 17 Bernama ES TEMERLOH Rubber Estates Bhd says it is in the dark over the 7.43 million shares transacted in a single deal on the Kuala Lumpur Stock Exchange yesterday. A company spokesman, when contacted, said the sale was probably made by
      Bernama ES  -  165 words
    • Article
      FELS unit wins $3.6m deal
      103 17 A SUBSIDIARY of the Far East-Lev-ingston Shipbuilding Ltd (FELS) group has clinched a $3.6 million contract to design and manufacture two rubber-tyred gantry cranes for the Burma Ports Corp. Kone Fels Cranes Re Ltd will build the cranes under licence from Ferranti Container Handling Ltd
      103 words
    • Article
      Lock icon Sindora expects listing by early next year
      168 17 NST TIMBER-BASED Sindora Bhd, a 65-per-cent-held subsidiary of the Johor State Economic Development Corporation (JSEDC), expects to be listed on the Kuala Lumpur and Singapore stock exchanges by early next year. JSEDC executive director Datuk Mohamed Ali Haji Hashim said on Tuesday that
      NST  -  168 words
    • Article
      Lock icon Benta Plantations profit up five-fold
      160 17 MBT BENTA Plantations has achieved a five-fold increase in pre-tax profit for the half-year ended Dec 31, 1987. to Msl 89 million from M 5296.000 for the corresponding period last year. This was achieved despite a 59 per cent reduction in turnover to Ms 3
      MBT  -  160 words
    • Article
      Haw Par on even keel despite market crash
      481 17  -  By ROSIE TAN HAW PAR BROTHERS International Ltd has turned in an almost unchanged after-tax profit of $24.97 million despite a steep fall in profits from share dealings for the year ended December, 1987. The highly diversified investment holding conglomerate said profits
      481 words
    • Article, Illustration
      Singland selling off Arcadia units
      503 17  -  By LEE HAN SHIH Property Correspondent SINGAPORE LAND aims to add $102 million to its coffers in May by marketing property it once held as investment. Singland will sell 92 luxury units in the Arcadia condominium, which it has held for investment purposes since 1986.
      503 words
    • Article, Illustration
      Taking a closer look at Seagate Technology
      527 17  -  By MAGDALENE NG SEAGATE TECHNOLOGY should be a company familiar enough to at least 13,000 people. This is the total staff strength at Seagate, which now has the distinction of being the largest foreign multinational employer in Singapore. But Seagate is more well
      527 words
    • Article
      Lock icon Yeo Hiap Seng (M) profits soar
      282 17 MBT YEO HIAP SENG (Malaysians pre-tax profit more than doubled to M 511.34 million for the year ended Dec 31. 1987 This was achieved on the back of a 31.8 per cent jump in turnover to MSI6I 88 million but contribution from investment and
      MBT  -  282 words
    • Article
      Lock icon TV3 to spend M$20m on expansion
      80 17 NST SISTEM Televisyen Malaysia Bhd (TV3) will invest about MS20 million in the next two years to expand its operations Managing director Datuk Ahmad Sebi bin Bakar said this on Tuesday at a press conference after the balloting of the bumiputra portion of the
      NST  -  80 words
    • Article
      Big drop in profits for Hotel Plaza Ltd
      274 17 HOTEL PLAZA LTD the wholly-owned hotel and property subsidiary of United Overseas Land Ltd has suffered a substantial fall in bottom-line profits for the year ended Dec 31. 1987. Operating profits due to shareholders plunged 92 per cent to $187,000 from $2.35
      274 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      541 17 NOTICES In the matter of THE COMPANIES ACT. CHAPTER 50 and In the matter of TRANSWORLD OIL SINGAPORE PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the Members of TRANSWORLD OIL SINGAPORE PTE LTD duly convened and held at 645 Fifth Avenue. Suite 1900, New York. NY.
      541 words
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      Page 17 Advertisements Column 2
      535 17 IN THE MATTER OF THE COMPANIES ACT CAP. 50 AND IN THE MATTER OF E.C. ANG'S GROUP PTE LTD (Members' Voluntary Winding Up) At an extraordinary general meeting of the members of E.C. Ang's Group Pte Ltd duly convened and held on 18 Mar 1988 at 10 Jalan Besar #12-06,
      535 words
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      Page 17 Advertisements Column 3
      403 17 NOTICE OF RESOLUTION TAN KWONG HUAT COMPANY (PTE) LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Tan Kwong Huat Company (Pte) Ltd duly convened and held at 38-B Hong Kong Street. Singapore 0105 on the 24.3.1968 the following resolution be passed as Special Resolution: '"That the Company shall
      403 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Honda Power to boost facility
      246 18 AP HONDA POWER Equipment Manufacturing Inc is working on a US$2O million plant expansion to produce new lines of riding tractors and riding mowers in the US The expansion, slated to begin this summer, will double the size of the present Swepsonville facility in North
      AP  -  246 words
    • Article
      Kuala Lumpur prices close broadly higher
      3426 18 SHARE PRICES on the Kuala Lumpur stock market closed broadly higher yesterday on late renewed buying support with interest centred on second and third liners, dealers said. Reflecting the sentiment, the New Strait Times Industrial Ordinary Share Index rose 6.61 points to 1538 48
      3,426 words
    • Article
      Lock icon Two HK firms call off deal
      53 18 Reuter CHINESE ESTATES Ltd and China Entertainment and Land Investment Co Ltd have scrapped plans to merge and will maintain separate listings on the Hongkong Stock Exchange. The two companies said in Hongkong yesterday that "a merger at this time would not bring any
      Reuter  -  53 words
    • Article
      Lock icon Fee increase for HKSE
      53 18 AFP THE HONGKONG government has asked the Hongkong Stock Exchange to pay 80 per cent more in the 1988-89 financial year than in the previous year for the right to operate the local stock market. It must pay HKJI4.S million compared with HKSB million in the
      AFP  -  53 words
    • Article
      Prices close lower
      1435 18 Hongkong HONGKONG stocks closed sharply lower yesterday on speculative selling triggered by rumours that the Hong Kong Association of Banks would raise interest rates shortly, brokers said. The sell-off saw the Hang Seng Index down 32.89 points to 2,561.91. after it lost only 8.98 in the morning
      1,435 words
    • Article
      Seoul
      132 18 MAM 21 WON Chail Sugar J3000 unch Daalim Ind ***** 100 0—woo Corp 1*700 -400 Daawoo Hnvv Daishm Sacuritiaa ***** 41(00 •100 200 Dong Ah Ptiar ***** -200 Oong Suh Slock unch DoogtKj Staai Gold Star ***** ***** -400 400 Ham l Bank ***** 190 Mann Camant ***** •100
      132 words
    • Article
      Lock icon Tokyo
      520 18 Reuter SHARE PRICES on the Tokyo market yesterday closed up in robust trade on bargain-hunting following Tuesday's 120-point fall, with sentiment boosted by a stable dollar, brokers said. "There is no new news, so you'd expect the market to pause after recent gains," a broker said. The Nikkei Index
      Reuter  -  520 words
    • Article
      Lock icon Sydney
      441 18 Reuter THE AUSTRALIAN share market resumed its upward trend and closed higher yesterday as Australian institutions made their buying presence felt in the industrial sector, brokers said. The market opened easier due to profit-taking and a quiet olose on Wall Street, but recovered strength later in the morning session,
      Reuter  -  441 words
    • Article
      Taipei
      283 18 MAR 23 MT Ml Sincara Indus Asia Camant. Cathay Corn Chang Hwa Bank Chang loong Chta Ham Camant Chin Hain Flour China Cham China Dav China Elact Wire China Gulf Plas China Rabar China Staai Chung Hwa Pulp Chung Shing Tax Far Eaat Dapt Far Eaat Tax First Bank
      283 words
    • Article
      Manila
      89 18 MAM 23 1 •esofc Aco|« Mining Anglo Ptiil 0 012 unct* Apax Mining B 0 032 uncfi Atlas Con B 24 uncfi Baguio Gold Basic Patrolaum 0 016 unch Banguat Con B 80 oncti First Phil Hldgs Lapanto B 047 -0 01 Marcoppar MarstMi Oriental B 0 037 -0
      89 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      473 18 The Saitama bank, Ltd. (INCORPORATED IN JAPAN) BOARD OF DIRECTORS AND STATUTORY AUDITORS Chairman: Prmident: Deputy Pmidrntc Senior Managing Dirrfkxi: Managing Dim-tor*: Direelor A AdvWr: Director*: Standing Auditor*: Auditor*: Shigetake Ijichi Show hi Kamio Satoni Monta. Kazuo Imai Takuva Mori; Yuji Amnama; Shoichi Komivama Shigehiko Yoshino: Rvota Iwai: Takeo Masuno.
      473 words
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      Page 18 Advertisements Column 2
      6 18 On target, Chart Point every Saturday
      6 words
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  • WORLD MARKETS
    • Article
      Lock icon Equities close mixed
      1026 19 New York Reuter STOCKS on Wall Street closed mixed on Tuesday after a day of narrowranged trading marked by concern about an upward trend in interest rates and by takeover speculation. Analysts said the government's report that US durable goods orders fell a surprising 1.8 per cent
      Reuter  -  1,026 words
    • Article
      Lock icon Stocks mixed to easier
      979 19 London Reuter SHARE PRICES on the London market on Tuesday were mixed with an easier bias in late trading as the market continued this week's lacklustre trend. Dealers said that, in the absence of any catalyst, volume continued to be depressed and was not significantly aided
      Reuter  -  979 words
    • Article
      Untitled
      1322 19 Selected indices HONGKONG Hongkong Index Wednesday 1,679 14 Tuesday 1.***** Week ago 1.674 64 All Industrials Wednesday Tuesday Week ogo NEW YORK 2 301 3 2 281 7 2 1983 Hang Seng Index Wednesday 2.561 91 Tuesday 2 594 80 Week ago 2.555 04 Dow Jones Tuesday Monday Week ogo
      1,322 words
    • Article
      Lock icon Bid rejected
      29 19 AFP THE BOARD of Koppers Co. the US building materials and chemical group, on Tuesday rejected an improved takeover bid from ihe British-owned construction group, Beazer Pic
      AFP  -  29 words
    • Article
      Lock icon Benedetti hits snag in tussle for control of Generale
      477 19 IHT CARLO DE BENEDETTI s fight for control of Societe Generale de Belgique SA hit new stumbling blocks on Tuesday as France hinted that it might block a deal that would help him finance the takeover and his tender offer for
      IHT  -  477 words
    • Article
      Lock icon Firestone may be sued
      72 19 Reuter AN INVESTOR GROUP said on Tuesday that it was considering suing Firestone Tire and Rubber Co over its agreement to sell the company to Bridgestone Corp for US$BO a share. Sal Berkowitz. a principal of an Ontario-based investment banking firm. Salamon Co. told Reuters he
      Reuter  -  72 words
    • Article
      Lock icon P & O profits up 57 per cent
      116 19 P O profits up 57 per cent UPI THE PENINSULAR and Oriental Steam Navigation Co (P O) the shipping-to-housebuilding conglomerate has announced a 57-per-cent jump in 1987 pre-tax profits to £274.7 million (US$3l3 38 million). The figure in 1986 was £174.1 million, chairman Sir Jeffrey Sterling said in London on
      UPI  -  116 words
    • Article
      Lock icon GE offers US$54 a share for Roper
      126 19 NYT RESPONDING to a lawsuit by the Whirlpool Corp. the General Electric Co filed two suits in New York on Monday and formally announced its offer of US$54 a share, or US$5O7 million, for the Roper Corp. Whirlpool sued GE on Friday, charging
      NYT  -  126 words
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      Page 19 Advertisements Column 1
      530 19 Haw Par Brothers International Limited (Incorporated in the Republic of Singapore) RESULTS FOR THE YEAR ENDED 31ST DECEMBER, 1987 The Directors wish to announce the following audited Group and Company results for the year ended 31st December, 1987: Shareholders' funds per share (Dollars) $1.80 $1.70+ -I- Adjusted for bonus issue
      530 words
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  • Article
    Lock icon KL: Marxists out to replace existing order
    576 20 White paper explains last year's arrests AFP Bernama THE MALAYSIAN GOVERNMENT said yesterday that Marxist and Christian groups subscribing to liberation theology had threatened to disrupt Malaysia's delicate racial and religious balance and trigger violence. In a white paper explaining last year's arrest
    AFP; Bernama  -  576 words
  • Article
    Lock icon Former radical student leader met Chin Peng in Beijing
    354 20 Bernama SELF-EXILED former radical student leader Hishamuddin Rais met the secretary-general of the banned Communist Party of Malaya (CPM) Chin Peng in Beijing at least twice in 1980 and 1981, in an attempt to resuscitate militant activities among students, particularly Malay
    Bernama  -  354 words
  • Article, Illustration
    Lock icon President Suharto swears in new Cabinet
    179 20 AFP INDONESIAN President Suharto yesterday swore in 38 of the 41 members of his new Cabinet for the coming five-year term. The Cabinet, comprising three coordinating ministers, 21 ministers, eight state ministers, six deputy ministers and three senior officials holding ministerial rank, was announced
    AFP  -  179 words
  • Article
    Lock icon US GNP up 4.8pc
    67 20 Reuter THE US gross national product (GNP), after removing the impact of inflation, rose at a revised annual rate of 4 8 per cent in the fourth quarter of last year, the Commerce Department said. The rise, the largest since a 5.4 per cent increase in
    Reuter  -  67 words
  • Article
    National Semiconductor's plan to axe staff upsets union
    405 20  -  By LILY FERNANDEZ A MOVE by Singapore chipmaker National Semiconductor to axe about 100 workers has upset the union representing its bargainable staff The union. United Workers of Electronic and Electrical Industries. was upset because up till last evening, it had not
    405 words
  • Article, Illustration
    DBS Land breaks off talks to buy part of Adelphi complex
    448 20  -  By LEE HAN SHIH DBS LAND has broken off negotiations to buy the office portion of the uncompleted Adelphi complex behind City Hail. In a brief statement issued yesterday, DBS Land said it discontinued the negotiations because the vendor,
    448 words
  • Article
    Lock icon Comex gold and silver
    78 20 Reuter COMEX GOLD FUTURES held unchanged in thin morning business yesterday in the absence of notable dollar reaction to the 0.2 per cent rise in US consumer price index for February and a modest upward revision in the fourth quarter gross national product. April gold was
    Reuter  -  78 words
  • Article
    KL states stand on defence hardware equity
    160 20  -  By David Chew MALAYSIA'S Defence Minister said yesterday that his country is willing to allow 100 per cent foreign equity participation by foreign manufacturers of defence equipment in Malaysia if they met several conditions. Tengku Ahmad Rithauddeen said the ventures must involve high
    160 words
  • Article
    Lock icon Japan's economy not overheating, says central bank chief
    185 20 AFP BANK of Japan governor Satoshi Sumita said in Tokyo yesterday that his country's economy was strong, dismissing suggestions that it was overheating but acknowledging that inflation was of immediate concern to the central bank. "The bank's assessment is that the economy
    AFP  -  185 words
  • Article
    Lock icon Japanese official confirms G-7 meeting
    348 20 AFP A TOP Japanese Finance Ministry official confirmed in Tokyo yesterday that the Group of Seven (G-7) leading industrial nations would meet in Washington in April, but strongly denied plans to issue a five-point statement "The exact date is not yet fixed but there will
    AFP  -  348 words
  • LATE FILE
    • Article
      Lock icon Seoul sets election date
      25 20 AFP SOUTH Korea s ruling Democratic Justice Party (DJP) yesterday announced that national elections will be held on April 26. AFP
      AFP  -  25 words
    • Article
      Lock icon Manila tightens airport security
      40 20 Reuter PHILIPPINE Defence Secretary Fidel Ramos yesterday ordered tighter security at international airports around the country. The four international airports outside Manila would get modern detection equipment, a move aimed mainly at catching arms smugglers. Reuter
      Reuter  -  40 words
    • Article
      Lock icon Taiwan lifts ban on China mail
      42 20 Reuter TAIWAN has lifted a 39-year ban on receiving mail from China. The directorate-gener-al of posts in Taipei said yesterday that post offices were already delivering letters from the Mainland but would not frank them. Reuter
      Reuter  -  42 words
    • Article
      Lock icon Chinese in Seychelles
      43 20 AFP A FOUR-MAN Chinese delegation is in the Seychelles to finalise the use of a US$l.2 million loan to the Indian Ocean islands. The Chinese officials are studying projects in the fields of housing, hy-dro-electricity, veterinary services and sports AFP
      AFP  -  43 words
    • Article
      Lock icon Fire kills 113 people in Burma
      32 20 AFP A MASSIVE fire in the northeastern Burmese town of Lash 10 left 113 people dead and more than 20,000 homeless, state-run newspapers reported yesterday. AFP
      AFP  -  32 words
    • Article
      Lock icon Kohl threatens to quit
      60 20 AFP WEST GERMAN Chancellor Helmut Kohl threatened to resign on Tuesday when the "most vehement" dispute within his centre-right coalition since 1982 erupted over the government's tax reform. Reports from Bonn yesterday quoted officials as saying Mr Kohl insisted that the Bill be adopted as such
      AFP  -  60 words
    • Article
      Lock icon Surveillance help for South Pacific
      48 20 AP AUSTRALIA and New Zealand are helping South Pacific island nations to organise a surveillance network to protect their waters. Australian officials said yesterday that the network will combine sophisticated patrol aircraft, new patrol boats and a coastal watch by islandbased observers. AP
      AP  -  48 words
    • Article
      Lock icon Batticaloa placed under curfew
      53 20 AFP INDIAN troops yesterday clamped an indefinite curfew on the eastern Sri Lankan town of Batticaloa after Tamil rebels attacked a police station there, sparking off a fire-fight. Witnesses said an unknown number of Tamil militants threw two grenades at the station, causing people to flee
      AFP  -  53 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      154 20 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex, fax, copier, word processing, secretarial services, conference room, answering service, long short term lease you name it! Your inspection enquiries welcome. WORLD-WIDE BUSINESS CENTRES (S) PTE LTD #11 -04 06 Peninsula Plaza. Tel: 336 1769 50§>
      154 words
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      Page 20 Advertisements Column 2
      61 20 Silver report not available at press time THK I.ONGINFS STY I .y Conquest VHP in titanium LONGINES Pri-X >t !fv s» isv Miv«* !s<i (Mfirnl rimckrtper of theGamenf the XXIV tli < Hwiipkicl S»t»ul I<in.s HTm i-il Timrkr< |n i < »f the XV th Olympic Winter 1 »amcs <
      61 words
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  • SHIPPING TIMES
    • Article
      Singapore box throughput forecast to expand by 12pc
      478 21  -  By LINDA CHEE CONTAINERISED traffic through Singapore is forecast to expand by 12 per cent this year. Barring major upheavals in the world economy, the Port of Singapore Authority expects to handle a total of 2.9 million TEUs containing 42 million tonnes
      478 words
    • Article
      Lock icon Lines face extra costs at Panama due to strike
      217 21 Lloyd's List LINER shipping serving Panama is facing enormous extra costs because of its inability to discharge cargo at strikebound ports. Dock workers demanding payment of their salaries have paralysed the ports of Balboa and Cristobal for more than a week,
      Lloyd's List  -  217 words
    • Article
      Lock icon EAC to increase stake in Johnson ScanStar
      319 21 Reuter THE DANISH-BASED East Asiatic Co Group will increase its stake in Johnson Scan Star, a container liner company which operates in the US west coast-Europe trade. EAC will assume five-ninths majority holding in Johnson Scan Star with Johnson Line and Blue Star
      Reuter  -  319 words
    • PORTSIDES
      • Article
        Lock icon Herald arrives in Taiwan for scrap
        57 21 AFP THE FORMER Herald of Free Enterprise ferry, which last year capsized off the Belgian port of Zeebrugge killing 200 people, has arrived in Taiwan to be scrapped, the ITC Holland tug company announced. The ship, renamed Flushing Range, was towed 7,500 nautical miles
        AFP  -  57 words
    • Article
      CONSORTIA
      163 22 .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): "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 Djakarta Lloyd Nedlloyd
      163 words
    • Article
      Lock icon Committee expects no rise in premiums
      108 22 Reuter INSURANCE brokers, underwriters and the War Risk Committee see no immediate rise in premiums for vessels trading in the Mid-East Gulf, despite the renewed spate of attacks on shipping in the area. Hull rate premiums are still seen well covered at current levels
      Reuter  -  108 words
    • Article, Illustration
      Lock icon Norwegian shipowners offering plans to save ships Norwegian shipowners offering plans to save ships
      472 22 Members advised to keep away from the Strait of Hormuz Reuter NORWEGIAN shipowners, alarmed by the raging Gulf tanker war, say the government has failed to protect the country s huge shipping interests and are offering
      Reuter  -  472 words
    • Article
      Lock icon Havglimt's captain misses death by inches
      302 22 Reuter NORWEGIAN captain Kvam Egil missed death by inches on Tuesday when shrapnel sliced into his legs and hip as he guided his tanker through the Gulf at night. On his first trip through the waterway in "four or five years", an Iranian frigate
      Reuter  -  302 words
    • Article
      INDEX TO ADVERTISERS
      788 22 AB Shpg V 5 ABC Contoiner VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrans VII 3 American Tpt X 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API III 2/3 Arrow lines IX 5 ASCI
      788 words
    • Article, Illustration
      Lock icon Search continues for 10 seamen after Philippine cargo ship capsized
      204 22 AP JAPANESE patrol boats recovered the bodies of 11 crew members on Wednesday after a Philippine cargo vessel capsized on Tuesday night in rough waters off the Pacific coast of northern Japan. Japanese Maritime Safety Agency officials said. One crewman
      AP  -  204 words
    • Article
      Lock icon P & O seeks cost cuts despite rise in pre-tax profits
      501 23 P O seeks cost cuts despite rise in pre-tax profits FT PENINSULAR and Oriental Steam Navigation has announced 1987 pre-tax profits up more than £100 million on the previous year to £282 million only hours before going to arbitration on its demand for substantial cost savings on ferries operating out
      FT  -  501 words
    • Article
      Lock icon Kawasaki Heavy and Nippon Kokan sign deal to tie up shipbuilding operations
      240 23 Reuter KAWASAKI Heavy Industries Ltd and Nippon Kokan K K have signed an agreement to link their shipbuilding operations and cut capacity jointly, an NKK spokesman said The two companies will file their plan with the Japanese Transport
      Reuter  -  240 words
    • Article
      Lock icon Unctad urges nations to scrap old ships and curb new orders
      324 23 Reuter A UNITED NATIONS agency said that old ships should be scrapped and that governments should spend less money subsidising new construction to end a 10-year-old shipping surplus. That surplus has kept freight rates low. But for many nations,
      Reuter  -  324 words
    • Article
      PORT CONDITIONS
      235 23 ALL SURVEYS were conducted on Feb 29 Argentina Buenos Aires Normal operation; Bahia Blanca Waiting time of up to one week. Australia All ports Normal operation. Bangladesh Mongla 15 vessels operating; Chittagong 20 vessels operating. Cameroon Douala Normal operation. Chile All ports Normal operation. China Dalian, Qingdao and
      235 words
    • Article
      Lock icon Rhine river will be closed if heavy rain continues
      184 23 Reuter SHIPPING may be barred from the Rhine in West Germany again later this week if recent heavy rams swell the river further. authorities said. The Rhine Transport Police said flooding downriver receded slowly but was worsening again in its upper
      Reuter  -  184 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7881 28 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      7,881 words
    • Article
      BUNKER QUALITY MARKET REPORT
      128 28 Area/Port Viscosity Density Water CST at 50C G/ML at 15C Volume 0/0 Africa/Red Sea Jeddah 181/181 0.956/0.956 0.4/0.4 Durban 130/354 0.985/0.993 0.0/0.5 Arabian Gulf Ras Tanura 99/222 0.941/0.959 0.0/0.2 Bahrain 192/192 0.976/0.976 0.1/0.1 Europe Rotterdam 32/430 0.947/1.008 0.0/2.6 Hamburg 30/369 0.958/0.991 0.0/0.4 Le Havre 27/393 0.924/0.989
      128 words
    • Article
      SHIPS IN PORT
      1243 29 AT CONVENTIONAL WHARVES V«*Ml Berth Arrival Departure KEPPEL WHARVES Aconcagua KI8 alongside 24 03-2300 As Corridor K20 alongside 24 03 <0600 Huoqiong K35 olongside 24 03 0600 Johneverett K27 alongside 25 03/2300 Koto Jaya K32 alongside *****600 S Poniong KI5 alongside 27 03/1500 Tg Perok KI9 alongside
      1,243 words
    • Article
      LONDON FREIGHTS
      1110 30 PAIRLY active grain chartering on Tuesday was reported out of the US. with rates generally holding firm on previously paid levels, brokers said Heavy grain shipments are said to have been covered from the US Gulf to Japan at US$2B 50 But. while this was denied by Japanese
      1,110 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      739 21 *%v TIMES STP Distributors f PuM>s/m*« Ooup m j/SoiNE SHIPPING AGENCIES (Reg No 242K4/ OOK) *%11## 200 Cantonment Road #12 05 South pom 1 Sinppore 0208 Ml If/ TM *****11 TELEX NO RS ***** errrrniii terminal cfs t«< *****18 220 r fc,Vi» J BOOKINGS Tel *****34 235 JARDINE SHIPPING AGENCIES
      739 words
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      Page 21 Advertisements Column 2
      88 21 NORWEGIAN shipowners, alarmed by the raging Gulf tanker war, say the government has failed to protect the country's huge shipping interests and are offering their own plans to save vessels and lives. Page II PENINSULAR and Oriental Steam Navigation has announced 1987 pre-tax profits up more than £100 million on
      88 words
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      Page 21 Advertisements Column 3
      607 21 hi, TIMES STP Distributors 91^ rHl^ H&f MAERSK LINE NEW DIRECT SERVICE TO OAKLAND TRANSIT TIME REDUCED RY 5 DAYS SIN/OAK 17 DAYS LPK/OAK 23 DAYS PEN/OAK 22 DAYS (Wef: Louis Maersk 8804 etd sin 30/3/88) To Europe— UK Scandmavta Finland ANDERS M AXEL M M TOKYO LUNA M ARTHUR
      607 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      759 22 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT KITANO MARU HONG KONG EXPRESS TOKYO BAY RHINE MARU TOKIO EXPRESS HAMBURG EXPRESS ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN. COPENHAGEN. AARHUS, GOTHENBURG. MALMO HELSINKI OSLO AMSTERDAM. CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT TOKYO BAY KURAMA MARU RHINE MARU TOKIO EXPRESS
      759 words
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      Page 22 Advertisements Column 2
      19 22 Lines and services represented by fa Members of the Registry of Accredited (fl Shipping Agents. Singapore National Shipping Association.
      19 words
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      Page 22 Advertisements Column 3
      360 22 CHARGEURS REUN/S f FNQUIPIFS 2223"14 FAX 225S8S' Optorg Shipping Pte. Ltd v i ort JM'OPI 2 3 aling Java 756?593 75T5603 <ang *****5 SAN JUAN s"* T i To *T° IST S.D ESTERO aw MS I SB M "tiMjirt mdycinK *C€ NTS SINGAPORE I TEL *****11 TELt* »S:I4JC f*t EL
      360 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1033 23 The Straits Steamship Group z~'i Mansfield Container Shipping Re Ltd P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT: NEW ZEALAND SERVICE MUIBERA 01(4 011* 07/4 20/4 22/4 22/4 22/4 MANOAMA 17/4 17/4 23/4 04/5 OS/5 OS/5 OS/5 AUSTRALIA STAR 7»4 29(4 04,5 16/5 13/5 IJ/5 H/5 t P. Klanf I Penang «u
      1,033 words
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      Page 23 Advertisements Column 2
      484 23 EUROPE ACCEPTWS CANS TOFNOB NAM ME OTHER UK POUTS M HE QUEST SENATOR UN IE if USA/PANAMA in MTCH SEN KOREAN SEN lELGIAN SEN ACCEPTNK CAACO TO FRON SFO LAI. CNL MIA SAI TAB NYC AND BAL AND NEK OTNER POUTS ON REQUEST N TO USA/CANADA WEEKLY FULL CONTAINER SERVICE
      484 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      474 24 US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore 31/3 Loading for BANDAR ABBAS KYOWA LINE RNG/S. PACIFIC SERVICE Singapore Loading for: EAGLE V-2 26/3 JAYA, LAE. HRA. LTK, MALAU MICRONESIA SERVICE OCEANIA EXPRESS V-12 10/4 OCEANIA EXPRESS V-13 30/4 YOKO ASIAN LILY V-41
      474 words
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      Page 24 Advertisements Column 2
      836 24 HSSLINE MU (MMuriW r FROM EUROPE VIA Member ol the Ace Consortium FULLY CONTAINERISED TO/FROM NORTH AMERICA WEST COAST •FDR MOTHER VESSEL ACD 13C;PACIFIC PROSPERITY 17E ACD 13E HANJIN KUNSAN 30E OCH 58E KOREAN WONIS JIN ME OCH WE HANJIN KWANCYANC ME NO 74E KOREAN WONIS SUN 69E NO HE
      836 words
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      Page 24 Advertisements Column 3
      541 24 M L*as EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTING CARGO TO 1) PROVIDE NCI NCNARK SAVANNAH BOSTON PHILADELPHIA NORFOLK JACKSONVILLE WILMINGTON BERMUDA ETC 2) ATLANTA CHICAGO DETROIT COLUMBUS t OTHER MAJOR MiCROBRIOGE DESTINATIONS I) CRISTOBAL BALBOA PANAMA CITY COLON HMON CURACAO VIA KINGSTON 4) MONTREAL TORONTO VIA
      541 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      625 25 PACIFIC INTERNATIONAL LINES AV\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE 2SSB Sid Sid SM 26N8 26/3 31/3 2/4 4/4 HTC HITACHI NGO NAGOVA. POO PASIR GUOANC ACCEPTING MORORAN CARGO VIA HKO JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE I VESSEL SEA HAWK SEA
      625 words
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      Page 25 Advertisements Column 2
      297 25 rs jNDRBUL vyr* norbulk cargo services ltd. V* REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES SPORE MARATHON UNITED AGENCY PTE LTD TEL nX&b K.L PK S P *E0 SHPC TRDG Kl 'W9M4 PK 36M101 PENANG TANJONG MARINE SDN BHD TEL U45:5 SABAH TRANSPAC KK TEL »4M *****1 lo L' t BREAKBULK
      297 words
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      Page 25 Advertisements Column 3
      532 25 \CIP BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT B HAVEN ROAM HAVRE iw iw I*4 n-4 n* 22 lit* »< 2*4 «w *5 *5 M 11/5 13/5 17 (5 17/5 I*s an an m nn an 2*5 w M w 11* lift 13ft EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL
      532 words
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      Page 25 Advertisements Column 4
      543 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD p.t. mmm mmm p.t. trikora lloyd EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EOROPE VSL/VOV S PANJANG/18WB KUTAI/14WB L.J BONTANG/14WB BILBAO ANTWERP H BURG/ In Pt 13-16/4 68 5 RDAM/ADAM BREMEN Suto)«cl to Inducement Also Accepting cargo to Casablanca,
      543 words
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      Page 25 Advertisements Column 5
      360 25 BOUSTEAD SHIPPING AGENCIES 1* BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore HTONEYWA V233W 22/24 Mar MERGUI VIJW 30 Mar/5 Apr PAGAN VI26W 2/4 Apr P.Kelang Penang Bangkok 11/20 Mar BANK LINE SEMI-CONTAINER SERVICES NORTHBOUND TO UKC FORTHBANK V2IN IVYBANK V2IN TAUSALA SAMOA VI2N SPORE ROAM
      360 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1246 26 flTLflnTlC COAST (Round-The-World Service) 'PK/PNG SPORE LB CI AMBASSADOR BRIDGE Vl6 Sailed 24 Mar 16 Apr 2( ORIENTAL FORTUNE V 8 26 Mar 31 Mar 23 Apr NEPTUNE JADE Vl2 3 Apr 7 Apr 30 Apr 1C •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER VSL AMBASSADOR BRIDGE Vl6
      1,246 words
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      Page 26 Advertisements Column 2
      770 26 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore p Kelang Penang loading tor Mottif Vsl By Fe«d»r B> Feeder SO TRIPURA V J4H Apr Kandla Bombay RAVIDAS V»H 6 Apr 29 Mar 29 Mar Kandla Bombay INDIAN COURIER V 29N 15 Apr 8 Apr 8 Apr Hid Cal Cbo Madras
      770 words
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      Page 26 Advertisements Column 3
      666 26 GOLDEN LINE 1 GUAN GUAN SHIPPING (PTE) LTD 23. TeloA Ayef Street SINGAPORE 0104 TEL *****U (10 LIMES) Fai *****04 P Keiang Peiaig STRAITS/PERSIAN GULF SERVICE Spore GOLDEN WONDER Colombo Ka-achi Dubai 56 Apr GOLDEN LANO Cokxrbo Karachi Oubai Bahrain lilll Apr CHINA SERVICE A VESSEL Shanghai Hsmkang 26(27 Mar
      666 words
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      Page 26 Advertisements Column 4
      427 26 PHIU Oni€NT LINCS PT€ LTD HEAD OFFICE 63 ROBINSON ROAD *07 12 i AFRO ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 MIDDLE EAST/FAR EAST FCL LCL SERVICE LATTAKIA, BENGHAZI TRIPOLI, ALEXANDRIA PORT SAID. PIRAEUS CASABLANCA. LIMMASOL. YALETTA ADEN. DJIBOUTI UH EUROPE SERVICE JEURO USA SERVICE JEURO MED
      427 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      735 27 NEPTUNE ORIENT LINES LTD J Bahru NEPTUNE AGENCIES PTE LTD EE EU AUST TPA SEA Terminal CES BOOKINGS *****53 *****42 *****22 *****53 *****19 *****16 NEPLINE SON BHD iitmi NEPLINE SON BHD *****33 NEPLINE SDN BHD *****S *****2 NEPLINE SON BHD ?***** *****1 *****19 *****16 *****11 *****4* INWARD OUTWARD ENQUIRIES *****44
      735 words
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      Page 27 Advertisements Column 2
      480 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN. INCHON STRAITS/KOREA SERVICE Vatartt Name ETD BS BKK S PORE PKELANC BUSAN MOJI No 6 Donam 80?N "Gloria 803N M Enterprise 805N No 9 Donam (03N No 7 Donam 804N 27-03 30 1/04 23/04 13 1604 1(04
      480 words
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      Page 27 Advertisements Column 3
      704 27 m 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 ***** PfNANC p KELANC MESSRS HAI THONG SHIPPING 127 Penang Street. Penang. Malaysia M/S HANDLING SYSTEM CO
      704 words
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      Page 27 Advertisements Column 4
      15 27 ii A fft Uy MADJII SENDtRIAN BERHAD -20-12 Tong Eng Building. Singapore 0106 Tel *****87
      15 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      304 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. T£l 22b 6868 .30 Lines fAX *****39 *****76 TtIEX RS ***** A B SSCMA RS ***** A B SSCAD Vtß DEUTF RACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE "VIA COLOMBO Accepting cargo for INDIA Bombay. Cochin, Madras Calcutta "VIA LARNACA Accepting cargo tor Lattakia. Piraeus. Thessakmiki.
      304 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      155 28 Regional Weather m *vi m k> K 'I CLT SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS R Thun<J*r*totm Tempwotur, X\ A Show»r WtfKj with speed #> knot* Ro** >✓ Cloud, Sk, "O'"**" S« r *ott Bindi arc b> 0"0-t wk<t> H, ..tfc >k» «.nd ,u c c, '*P"**nt*
      155 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      537 29 \\CSP\ CSP SHIPPING AGENCIES PTE. LTD. T el: *****66 (16 Lines) Fax *****15 FIXED CONSOLIDATION SERVICE FCL/LCL TO: CHINA, HONG KONG, BANGKOK, P.KELANG, KEELUNG, KAOSHIUNG, MANILA, OOSAN, TOKYO/YOKOHAMA KOBE, OSAKA, FELIXSTOWE, HAMGURG ALL EUROPE BASE PORTS ALL USA PORTS Also accepts to other destinations. ACCEPTING FCL/LCL AND CONVENTIONAL: EAST MALAYSIA
      537 words
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      Page 29 Advertisements Column 2
      137 29 WAREHOUSING TRANSPORTATION LCL Acceptance Clasiai Far East Bangkok 1/4 Hongkong 29/3 Keelung/Kaoshiung 26/3 Manila 26/3 Australia: Sydney, Melbourne 29/3 USA: Los Angeles, San Francisco, 26/3 New York, Oakland WAREHOUSING TRANSPORTATION PTE LTD 44 Benoi Road Singapore 2262 Tel: *****60, *****24 Tlx: RS ***** Fax: *****97 0 Tatsumi Marine DIRECT SAILING
      137 words
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      Page 29 Advertisements Column 3
      470 29 UNIPACIFIC TRANS TRADING AGECY PTE. LTD. [H IRAQI LINE IRAQI S T *T| (NT( RPRISf »0» «*lllT(Wf TRA«S»C»< EAST BOUND SERVICE ETA S PORE LOADING FOR MV BABYLON 30/3 Jipjn ALFARABI 154 japan WEST BOUND SERVICE ETA S PORE LOADING FOR MV ALFARABI 10ft Jeddah Aqaba Biftidad THROUGH B/ls to
      470 words
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      Page 30 Advertisements Column 1
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      Page 30 Advertisements Column 2
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      Page 30 Advertisements Column 3
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      Page 30 Advertisements Column 4
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      683 words