The Business Times, 28 March 1988

Total Pages: 30
1 30 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 MONDAY, MARCH 28, 1988 75 CENTS
    11 words
  • 686 1  -  Suntec said to have good chances in the bidding By LEE HAN SHIH Property Correspondent WITH STILL FIVE months to go, a number of regional and international heavyweights are already gearing up to bid for probably the last billion-dollar property project in Singapore
    686 words
  • 180 1 Reuter MARKETS IN ASIA are in for a nervous week with Wall Street down and the US dollar weak. Currency dealers and stockbrokers in Tokyo said yesterday that if Wall Street continued its slide and the dollar weakened further, even Tokyo's strong stock
    Reuter  -  180 words
  • 334 1 GROWTH will not stop when Prime Minister Lee Kuan Yew steps down, said Mr Goh Chok Tong, First Deputy Prime Minister and Minister for Defence. Mr Goh said that Singapore had yet to reach its peak This could be seen in
    334 words
  • 99 1 AFP THE US Defence Department has basically agreed on allowing Japanese access to US military technology classified as secret for security reasons, Kyodo New Service reported yesterday. The news agency quoted informed Japanese sources in Tokyo as saying that the Pentagon gave its approval in
    AFP  -  99 words
  • 339 1 UPI PRICES of basic commodities sold by poor countries to finance their development are expected to stay low despite an upturn last year, according to a United Nations report issued yesterday. The "Economic and Social Survey of Asia and the Pacific, 1987" said
    UPI  -  339 words
  • 112 1 AP THE 3,200-MAN American expeditionary force that arrived in Honduras last week during a Honduran-Nicaraguan border crisis will start returning to the US today. Military intelligence sources in Honduras said yesterday that the first troops of the 82nd Airborne Division will return today
    AP  -  112 words
  • 474 1  -  By LONG SHIH ROME JAPANESE TOY MAKER Tomy Kogyo has shifted part of its Singapore operations to Bangkok in the face of rising production costs and the depreciation of the US dollar against the Singapore dollar. Manager S Sugawara of Tomy Singapore said
    474 words
  • 161 1 Bernama MALAYSIA hopes that the move by the Singapore government to relax regulations for Malaysians wanting to work in the Republic will not affect the labour market in Malaysia. Information Minister Oatuk Mohamed Rahmat said that Malaysia needed workers, with the rise in foreign
    Bernama  -  161 words
  • Page 1 Advertisements
    • 359 1 IB Need a housing loan? CALL 'AYFOONG 737-7977 |Lrj Wfy foong Mortgage And Kiiiance (S) Ltd A wholly-owned subsidiary of Mongkongßank 6 Claymore Hill #O.VOI CUymore Pla/a Singapore (N22 THE JAZZ TRIO Blue Box, from West Germany, manages to produce music that sits somewhere in the middle ground jazz that
      359 words
    • 298 1 US CIVIL RIGHTS activist Jesse Jackson has won the state of Michigan's Democrat caucuses by a breathtaking landslide. ASIA-PACIFIC, Page 4 MIKHAIL GORBACHEV'S policy of perestroika has left Eastern Bloc leaders deeply divided as to the effectiveness of the programme, Western experts say. REST OF THE WORLD. Page 5 PHILIPPINE
      298 words
    • 100 1 m m Because of Ikuko's enthusiasm, no other airline can offer you this: r*j THE JAL PLEDGE highly trained and dedicated professionals we will confidently do our utmost to make any flight with us as enjoyable as possible. Sis the world's number one LATA airline we will maintain the highest
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  • MANAGEMENT
    • 1442 2  -  It's not a name known in this part of the world yet. British builder Brian Beazer, now attempting to buy up American building materials' producer Koppers, seems set on putting together one of the biggest construction firms in the world. He has already
      NYT  -  1,442 words
    • 762 3  -  Cross-fertilisation this is what Swedish company Saab-Scania has excelled in and what major companies in Europe and the US are rushing to try to emulate. But the barriers are considerably daunting and make for a managerial challenge of gigantic dimensions. CHRISTOPHER LORENZ looks at the lessons Saab-Scania
      FT  -  762 words
    • 1422 3 FT FOR THE PAST six months, Saab-Scania has been saving time and money by doing some of its crash-tests of complete new cars on a computer simulation programme, instead of just hurling actual vehicles against concrete barriers. The development of this advanced "strength
      FT  -  1,422 words
    • 472 3  -  By ROBERT THOMSON FT THE PEKING CENTRE of Personnel Evaluation China's first private firm of management consultants which is run by psychologists and sociologists earning a few yuan in their time has won two commissions during its first week. The government wants assistance
      FT  -  472 words
  • Page 2 Advertisements
    • 280 2 How to buy a chair custom-designed for your job A A chair for the VDU. WM operator or the typist a high-back recliner for the MD chairs for visitors and I I chairs that stack together. Chairs for meetings conference rooms... chairs you can raise or lower with or without
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  • Page 3 Advertisements
    • 109 3 Welcome to a stopover in Germany. 3>r--Ts*r 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 variety of packages with convenient connections, scenic routes
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  • ASIA – PACIFIC
    • 894 4 UPI US CIVIL RIGHTS activist Jesse Jackson won the state of Michigan's Democrat caucuses by a breathtaking landslide on Saturday, dealing a severe blow to Massachusetts Governor Michael Dukakis's hopes of becoming the party's presidential front-runner. Mr' Jackson led Mr Dukakis by a ratio
      UPI  -  894 words
    • 93 4 Reuter CHINA plans to set up five specialised companies to supervise investment in key areas of the economy such as energy and transport, Vice-Premier Yao Yilin said on Saturday. He told the annual meeting of the National People's Congress the investment firms would also be
      Reuter  -  93 words
    • 212 4 Reuter THE International Monetary Fund last Friday praised South Korea's "admirable" economic success but urged Seoul to boost imports and to continue revaluing its currency, the won. A report prepared by an IMF team after two weeks of policy discussions with Seoul officials said
      Reuter  -  212 words
    • 77 4 AFP PRESIDENT Hussain Mohammad Ershad of Bangladesh yesterday dissolved his Cabinet, the state radio announced in Dhaka. Mr Ershad had relieved Prime Minister Mizanur Rahman Chowdhury and other ministers of their responsibilities. Informed sources said a new Cabinet was expected to be announced later yesterday. The move
      AFP  -  77 words
    • 183 4 AFP SOVIET PRIME MINISTER Nikolai Ryzhkov on Saturday hailed the creation of a Soviet national committee for Asian-Pacific economic cooperation, aimed at expanding bilateral and multilateral cooperation. In a message on the front page of the Communist Party daily Pravda, the prime
      AFP  -  183 words
    • 396 4 AFP KANSAI International Airport Co said last Friday that it had selected a design by French company Aeroports de Paris for the passenger terminal at the new airport being built in western Japan "The design was considered absolutely unique and has the potential
      AFP  -  396 words
    • 161 4 Reuter PRIVATE INDUSTRIALISTS belonging to the G-7 group of countries have called for action to iron out imbalances between the nations' economies, saying steep budget deficits and fluctuating exchange rates discouraged investment and development. Private industry groups from Japan, the US. Britain. France,
      Reuter  -  161 words
    • 347 4 AP AUSTRALIA may file a petition with the General Agreement on Tariffs and Trade over Japan's restrictions on beef imports. John Kerin, Australia's Minister of Primary Industry and Energy, said in Tokyo that Australia may file a petition with the Geneva-based
      AP  -  347 words
    • 837 4 AP THE POLITICAL invectives exchanged between China and Taiwan for decades can now barely be heard over the new chorus: "Let's do business together." China's modernisation programme and the easing of Taiwan's no-contact policy with the communist Chinese have had businessmen scrambling to
      AP  -  837 words
    • 927 4 ARRIVALS Operator Service Local From number time FT FT73 0115 LAX/SFO/ANC/ NRT/OSA/TPE SIA son 0115 LAX/NTT UA UA805 0120 SFO/HKG MAS MH619 0125 KUl CIA GA9651 0225 BKK MA PK766 0505 KHI/BKK SIA SO 401 0550 CMB SIA SQ41 0610 MAA MAS MH60I 0730 KUL SIA SQ45
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  • Page 4 Advertisements
    • 62 4 For a welcome change, Hop on the train and head for Raffles. Lunch today at The Elizabethan Grill of Raffles Hotel, where we present traditional English food. We're conveniently close to City Hall MRT Station, just a stop or two from your office. For reservations, call *****76 (SfIIZABEThAN Mrill Raffles
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    • 60 4 I I I A/ \l\ I The business person's choice. every I II I I II II I Tuesday. Thursday. Saturday and Sunday. I I VI \l I Jl WI \l Leaving Changi Airport at 22 05 1 iy /-L hours and arriving Heathrow early *ie fol'owma "ncnmg Ca't your
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  • REST OF THE WORLD
    • 341 5 Reuter THE UNITED STATES could cut its annual fuel bill by US$2OO billion if its industries, buildings and transportation were as ener-gy-efficient as Japan's, according to a Worldwatch Institute study. Discussing building insulation, the research group said on Saturday: "As much
      Reuter  -  341 words
    • 187 5 AFP AMERICAN business startups fell in 1987, for the first time since '1983. But the level remained strong and reflected continuing economic stability, a business information company said. The Dun and Bradstreet Corp said new business startups dropped 7.7 per cent nationwide, from 253,092
      AFP  -  187 words
    • 151 5 AFP THE NUMBER of jobless in France rose 0.2 per cent or 4,100 people in February over the previous month to 2.56 million, in seasonally adjusted figures. The Social Affairs Ministry said unemployment, however, dropped a sea-sonally-adjusted 2.4 per cent or 54,000 people
      AFP  -  151 words
    • 159 5 Reuter MICHAEL HESELTINE, who resigned as a British Cabinet minister two years ago. is a favourite to replace Prime Minister Margaret Thatcher as Conservative party leader, according to a Sunday newspaper poll. The poll, conducted for the Observer newspaper by the independent Harris Research
      Reuter  -  159 words
    • 68 5 Reuter THE ECONOMIES of the seven leading industrialised countries (G-7) should grow by 2.6 per cent this year and by 2.8 per cent in 1989, according to economists at the International Monetary Fund. The forecast for 1988 is the same as the projection the
      Reuter  -  68 words
    • 132 5 UPI THOSE golden arches of capitalism, the symbol of the McDonald's hamburger empire, have gone up in communist Yugoslavia on the second try. Four years ago the US company formed a joint venture project with a Yugoslav firm and hoped to open a McDonald s
      UPI  -  132 words
    • 182 5 AP THE OMNIBUS trade bill pending in Congress will include a provision allowing the US to "get tough" with a European aircraft manufacturer which domestic aerospace companies claim receives subsidies and engages in unfair trading practices, a senator said last Friday. Democrat
      AP  -  182 words
    • 629 5 AFP MIKHAIL GORBACHEV'S policy of perestroika (economic restructuring) has left Eastern Bloc leaders deeply divided as to the effectiveness of the programme and the political safety of carrying it out, Western experts say. The depth of reactions to the reformist Soviet leader was
      AFP  -  629 words
    • 332 5 Reuter BRITAIN reported a balance of payments deficit for February of £720 million (US$l.3 billion) last Friday and the figure bigger than markets expected sent the pound and stocks sharply down in London. The gap between what Britain spent on foreign goods and
      Reuter  -  332 words
    • 149 5 AFP THE EUROPEAN Community and the Gulf Cooperation Council (GCC) agreed in Brussels last Friday to cooperate in a wide range of economic sectors and seek a second accord that would liberalise trade, according to an EC spokesman. Analysts said the
      AFP  -  149 words
  • Page 5 Advertisements
    • 233 5 Three out of four programming hours are wasted. Unisys computer systems make the most of your programming hours, instead of wasting them, because you won't have to use obsolete languages to maintain software. With our fourthgeneration languages you can quickly develop new applications and build an integrated software system. Backlog
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  • Page 5 Miscellaneous
    • 129 5 wmm Max/ Not* Min (°C) 32/22 Cloudy 09/06 Cloudy 20/09 Cloudy 26/17 Clear 36/26 Sunny 30/24 Cloudy 13/0 Clear 18/12 Showers 12/04 Cloudy unov 23/16 Clear 08/04 Cloudy 24/17 Showers 09/05 Cloudy 24/21 Rain 23/14 Clear 09-01 Cloudy 27/09 Cloudy 27/16 Cloudy 17/07 Clear 05/04 Cloudy 29/25 Rain 11/04 Rain
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    • 81 5 Doonesbury BY GARRY TRUDEAU V/OF THE MODERN EN6USH GENTRY ARB UNCEASING. CASEIN J POINT, THE INSOLENT CHAUFFEUR OH, BUGGER OFF, UORD- ITT SHIP! yj OTHER AGGRAVATIONS: THE UN6RAJEFUL OFFSPRING, THB PREGNANT CHAMOERMAJP, ANP THE INCOMPETENT BIRPPO6. BUT OF ALLTHEMWAD HARDSHIPS THAT ATTENP PRIVILEGE, ONE tS PREAPEP ABOVE ALL OTHERS... YOU
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  • MONEY AND EXCHANGES
    • 594 6 Reuter CONTINUED STRAINS in the US financial system will probably preclude any move by Federal Reserve policymakers to tighten credit when they meet tomorrow, say economists. Recent glimpses of an economy that is expanding faster than anticipated, rising commodity prices and a steepening
      Reuter  -  594 words
    • 182 6 Reuter AFRICAN NATIONS are stepping up efforts to get reluctant creditors to a round-table conference to consider radical action on a burden of US$2OO billion of debt which is crippling their economies. "Our economies are grinding to a halt and many of
      Reuter  -  182 words
    • 90 6 Reuter TAIWAN'S M-1B money supply rose a seasonally adjusted 35.82 per cent in the year to end-February after rising 26.86 per cent in the year to end-January, the Central Bank said on Saturday. M-18, comprising cash in circulation plus deposits in current and savings accounts,
      Reuter  -  90 words
    • 1651 6 Union Bank of Switzerland AFP A FEATURELESS WEEK for the dollar led to professional traders making repeated forays into cross trading and high-interest-bearing non-dollar investments Aside from the general speculative run on the yen/D--mark axis, which led to the reemergence of the Bank of Japan's daily intervention in
      Union Bank of Switzerland; AFP  -  1,651 words
    • 245 6 Asian market ASIAN CURRENCY average deposit rates for 1 1 ended March 25 BIO PRICES High Lew US t 7 doyi 6 3/4 6 9/16 1 month 6 3/4 6 11/16 2 i— 6 13/16 6 3/4 3 monfht 6 13/16 6 3/4 6 —<■ 7 1/6 6 15/16 9
      245 words
    • 177 6 Gold futures on March 25 100 troy ounces USS per troy ounce Opon Htfh Low Sow* Mor 453.20 -0.90 *f" 432.20 454.20 450 90 453.30 -1.00 May 455*0 455.80 455.80 455.30 -1.00 J«n 457.50 458.40 455.20 457.60 -1.10 Aug 461.00 462.50 460.70 462.00 -1.20 Oct 464.50 467.00
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    • 316 6 Commercial Discount Co Ltd SINGAPORE GOVERNMENT bond prices closed on a mixed note, generally off their previous highs. Sporadic selling interest by operators saw prices of the 5-year note issues down 10-16 cents from the highs at one stage, but edged to their respective support levels to
      Commercial Discount Co Ltd  -  316 words
    • 491 6 PLR of bonks ot the close of business on Friday, March 25, as supplied by the Association of Bonks in Singapore. Indicate* the average of the prime lending rates of 12 major banks In S'pore RANK PLR <%> Algemene Rank 6% Allied Irish Bank PLC 6 Americon
      491 words
  • Page 6 Advertisements
    • 239 6 irrrr ff&O! The BEST At The E&O longest seafront East of Suez Penang's Malaysia's World Famous and Historical Hotel home of SOMERSET MA UGH A A discriminating visitors All Enquiries Tel: 04-*****2 or 03-*****75 THE EASTERN h ORIENTAL HOTEL 10, Farquhar Street. ***** Penang, Malaysia Tel *****2, FAX *****3 CaMc
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    • 9 6 IB BANQUEINDOSUEZ 3 Shenton Way, Shenton House, Singapore 0106
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  • BANKING AND FINANCE
    • 799 7  -  urai by PAUL FRANKLAND Paul Frankland is the Singapore branch manager for Commercial Union Assurance, one of the Republic's largest insurance companies. He is also vice-president of Singapore's General Insurance Association. His views do not necessarily reflect those of Commercial Union or
      799 words
    • 208 7 AFP THE SOVIET UNION wants to join the Asian Development Bank (ADB) as part of its efforts to expand ties with countries in the region, Soviet Deputy Foreign Minister Igor Rogachev said in Manila last Friday. "We are for broader participation of all countries
      AFP  -  208 words
    • 360 7 OANA-Bernama ASIA s burgeoning new venture capital opportunities will be highlighted next month in Bangkok at an Asian Development Bank symposium on venture capital financing in the Asian and Pacific region. Sponsored by the ADB in cooperation with the Industrial Finance Corporation of Thailand,
      OANA-Bernama  -  360 words
    • 223 7 Reuter PANAMA'S military-dominated government has warned that it would take tough measures against banks unless they agree to reopen their doors, closed since March 3 because of a cash crisis and US economic sanctions. The order came late on Saturday after government
      Reuter  -  223 words
    • 579 7 Reuter PHILIPPINE BANKS have largely recovered from years of crisis, but high intermediation costs still constrain lending, bankers and analysts say The industry's total assets grew to 259.9 billion pesos at end-1987 from 236.4 billion a year earlier, according to a study by the
      Reuter  -  579 words
    • 154 7 Agencies THE WORLD BANK has announced the approval of a US$lO3 million in-terest-free loan to improve irrigation and crop production and "help reduce extreme poverty" in northern China The credit will be combined with central and provincial government funds in a US$234 million project "to
      Agencies  -  154 words
    • 71 7 NYT CHARLES H PISTOR, one of the top three executives at the troubled First Republicbank Corp and the president of the American Bankers Association, has said that he plans to resign from the banking company on April 15. He is the third top official
      NYT  -  71 words
  • Page 7 Advertisements
    • 199 7 Orchard Ruid Only one first class hotel is right in the middle. The Crown Prince 1 lotel. Completely surrounded by the vivid colour and constant excitement of Orc hard Road. It is indeed the 'crown in the jewel All around, in every direction, there are stores and shopping centres. Ixinks.
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  • Page 8 Advertisements
    • 186 8 »BE«BMiac«iMialklSl£lMro lal w aw/^fj r» •k--■j. V m m r- *> V* J V, H to* er B Casablanca, by way of the MRT, lies but three stops and a minute's walk from Raffles Place. This advert, though, isn t to show how blindingly quick it can be to reach
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  • COMMODITIES
    • 198 9 Bernama ES MALAYSIA'S rubber output rose 13,601 tonnes to 159,622 tonnes in January this year compared with December last year, but was down 9.482 tonnes as against the same month last year The Statistics Department, in releasing the figures last Friday,
      Bernama ES  -  198 words
    • 189 9 Bernama ES PRICES on the Malaysian rubber market rose further last week with April International RSS Ones up by 1.5 cents a kg to 288.00 cents a kg. Dealers said trading was dull and featureless reflecting the absence of fresh leads. Market was also influenced by the lack of
      Bernama ES  -  189 words
    • 209 9 Bernama THE KUALA LUMPUR tin market (KLTM) last week closed four cents easier at M 517.37 per kg in quiet trading. Buyers were cautious from the generally lower European spot tin trend throughout the week. The market opened firmer on Monday with the price rising seven cents to
      Bernama  -  209 words
    • 203 9 Reuter SOYBEAN FUTURES closed lower on Friday on the Chicago Board of Trade after setting new contract highs in all new crop months. Prices were off 2-1/2 to 1/4 cents lower with spot May settling 3/4 cent lower at US$6.4B-1/2. Traders said pre-week-end profit taking pressured prices late although
      Reuter  -  203 words
    • 1030 9 AFP ATTENTION last week focused on the petroleum market, which was nervously awaiting a statement from Opec leaders and hoping for measures able to bring about a recovery in prices. North Sea Brent prices were irregular at the beginning of the week but climbed to
      AFP  -  1,030 words
    • 325 9 Bernama ES THE CRUDE PALM oil (CPO) futures market closed Ms3B higher last week at Ms9o2 a tonne in active trading. The week saw prices rising steadily on a higher turnover of 4.003 lots against 3,870 previously. Prices opened lower on Monday at MsB6o but rose Msls to
      Bernama ES  -  325 words
    • 119 9 AFP STRONG DEMAND pushed Australian wool prices to a record high last week as the market indicator hit 1,177 Australian cents a kilogram clean, the Australian Council of Wool Exporters said last Friday. The council said the indicator was 82 per cent above the floor price
      AFP  -  119 words
    • 389 9 Green N Collier Bullion Pte Ltd AT NEW YORK'S Commodity Exchange. gold bullion prices edged higher in active but nervous trading. As compared to the previous week's cfbse, spot gold gained nearly US$9.OO to settle on Friday at U*****.20 an ounce. The bullion's
      Green N Collier Bullion Pte Ltd  -  389 words
    • 133 9 Reuter WHEAT FUTURES closed lower on Friday on the Chicago Board of Trade, off 1-3/4 to ane cent a bushel in thin volume. Spot May settled 1-3/4 cents lower at US$3.O5. Prices finished weak in the absence of major commercial demand and some mixed selling. Shearson bought May while
      Reuter  -  133 words
    • 308 9 London Commodity Exchange Buyer/Seller dosing prices on March 25 (£/tonne unless specified). Previous doting prices in parenthesis. Coffee Basis in-store London, sellers option Clf London Mar 1109/1112 (1092/1097) High/Low 1112/***** May 1140/1141 (1126/1127) High/Low 1144/1122 Sales (2714) Cocoa Mor 935/945 (928/933) High/Low 940/936 May 957/958 (947/948) High/Low 960/951
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    • 372 9 Reuter AN UNEXPECTED post-Crash stainless steel buying spree is sending prices of base metals soaring, and is likely to keep them high through 1988. market analysts and metals traders say. Steel firms around the world say order books for stainless steel and other alloys are
      Reuter  -  372 words
    • 97 9 Reuter PETRONAS. Malaysia's state-owned oil company, has signed productionsharing contracts with subsidiaries of two US-based oil firms. Tenneco Inc and Occidental Petroleum Corp. Under the deal, Tennaco. Occidental and Petronas exploration division, Carigali Sdn Bhd. will jointly explore off the coast of East Malaysia in a
      Reuter  -  97 words
    • 230 9 Reuter THE Organisation of Petroleum Exporting Countries may need new output cuts to be sure of getting prices back to its benchmark of US$lB a barrel and keeping them there through the summer, several market analysts said in London last Friday.
      Reuter  -  230 words
    • 168 9 Chinese Produce Exchange Sellers' noon doting prices on Mordi 26 (SS/100 kg) Coconut oil Bulk FOB 103.00 Old drum FOB 117.00 New drum FOB 113.00 Copra Mixed (loose) 59 seders Pepper Muntok white FOB NLW 1110.00 Sarawak white FOB foq NLW 1095.00 Sarawak spedal block FOB NLW 802.50
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  • Page 9 Advertisements
    • 73 9 QTROtNBX: STEP OUT OE 7i*\ LL'fi a /A Go for it. For only k, $54,500 [r PARF nett Call 472 0011 j for a test drive ADVANCE AUTOMOBILE (PTE) LTD 281 Alexandra Road, Singapore 0315 Tel: 472 0011 Telex: RS ***** SINCIT Showroom open: 8.30 am to 6.00pm (Mon-Sat) 10.00
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  • FOCUS
    • 902 10  -  Taiwan is a country that beckons. The recent deregulation on capital flow, the gradual dismantling of its trade barriers, along with an appreciating New Taiwan dollar all these enhance the attractiveness of the island-republic to those in search of more trade. Singapore too is alert to
      902 words
    • 881 10 SOME 127 million sq m of knitted or crocheted fabrics of synthetic fibre, valued at $332 million, left Taiwanese mills for Singapore last year These and other textile sales to Singapore are valued at $691 million, making textiles the top Taiwanese export
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  • Page 10 Advertisements
    • 63 10 The sales division of Business Times is now located at: Times Industrial Building, Level 2, 422 Thomson Road, Singapore 1129. Tel: 255-0011, Fax: 253-2821, Telex: RS ***** BTAD. Contact persons are: Kenneth Teo, ext.257 Joe Heng, ext.237 Iris Lim, ext.23B Chia Ah Leek, ext.24o Azman, ext.24l Jarrod Leong, ext.242 Lista
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  • Page 10 Miscellaneous
    • 698 10 CRYPTIC PUZZLE ACROSS 1 Just the stuff for the clergy (5) 6 Grass to sit or lie on (5) 9 Fathom how to keep fit (4. 3) 10 Desire to give a customer a bit of tea (5) 11 Where to dance in a girl's company (5) 12 Objects to
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  • THE ARTS
    • 784 11  -  By MARTIN SOONG JAZZ ADDICTS in the 1980s pay heavily to maintain a habit which brings with it severe side-effects. Getting a fix these days means turning to obtuse experimental forms, a sometimes totally alien encounter beneath which lies, listeners are led to
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    • 489 11  -  By SHAUN KOH BEETHOVEN Symphony No 2 No 5 Wiener Philharmoniker/Abbado Deutsche Grammophon digital 423 590-2 GH (69 minutes) Category: classical AS THIS IS a live recording, one cannot expect the tonal reproduction to be as excellent as a studio recording. But
      489 words
    • 538 11  -  By SHAUN KOH GIL EVANS, the musician and the man, epitomised the musical spirit of the 20th century eclectic and progressive. Born in Toronto, Canada, on May 13. 1912, he learned music on his own without much formal guidance. He later moved to the US
      538 words
    • 856 11  -  By JAMES MARKHAM NYT THE WORDS OF the bestselling author sounded like those of a tormented poet or an introspective novelist "There are sentences that it took me three days to write," he confided. "My criterion was not: Should I say it or not?' But rather:
      NYT  -  856 words
  • Page 11 Advertisements
    • 117 11 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
  • Page 11 Miscellaneous
    • 1440 11 W Mi) iiaiflD CALL ME MISTER Long Shot (Part 2) 7.30pm, Channel 12 Jack enlists the aid of Fred Hurley of the City Investigation Bureau, a quadriplegic who runs the office from his wheelchair Meanwhile, Sheppick is met at the airport by Winchell, who shoots him for bungling the job
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  • SPORTS & LEISURE
    • 489 12 AP KATARINA WITT won the World Figure Skating Championship in Budapest for the fourth and last time on Saturday in a virtual rerun of the Calgary Olympics Canada's Liz Manley took the silver medal and American Debi Thomas finished third, as they did in the
      AP  -  489 words
    • 308 13 AFP FORMER WORLD SNOOKER champion Terry Griffiths broke an Irish Masters record in Eire during the weekend but still became a victim of Neal Foulds' revival in the semi-finals of the £110,000 tournament. Griffiths' second-frame clearance of 139, the highest in the
      AFP  -  308 words
    • 128 13 AP IS INTEREST in cricket in the desert dwindling? The question was raised in Middle Eastern sports circles after the poor turnout of spectators for the India versus Sri Lanka match on Friday, the opening day of the three-nation Sharjah Cup Tournament in the
      AP  -  128 words
    • 395 13  -  By WALTON MORAIS SINGAPORE TENNIS is headed for a grand revival after last year's severely depleted calender. At the unveiling of the 1988 tournament calendar on Thursday, Singapore Lawn tennis Association president Dr Ong Leong Boon, who took office again after a one-year hiatus, announced the
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    • 491 13 AP STEFFI GRAF practiced like the world's 400th-best player on Saturday, but she lived up to her No 1 ranking in the match that followed. Graf overcame a shaky forehand to beat Chris Evert 6-4, 6-4 in the finals of the Upton's
      AP  -  491 words
    • 318 13 AP A SERIES of thunderstorms forced postponement of thirdround play in the USSI.2S-million Players' Championship in Florida on Saturday. Play was held up by a thunderstorm at 1840 GMT. It resumed at 2015 GMT, then was stopped again by heavy, flooding rains at
      AP  -  318 words
    • 837 13  -  From SHIRISH NADKARNI in Bombay CRICKET HAS A HABIT of playing the nastiest of jokes on some of her best servants The incomparable Sir Donald Bradman needed only four runs in his last innings to have an average of more than a hundred
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  • Page 12 Advertisements
    • 265 12 4 cou Ryoisi ER XO-Where to eat, drink... EASTER Easter Edition Mar 21 to Apr 3 A wide selection of cakes and cnocolate confectionery shaped into bunnies, ducklings, chicks and dolls will be on sale at the Easter Cart in the hotel lobby and Mr Deli's Delicatessen corner, from 9
      265 words
    • 180 12 if 6 EAST MEETS WEST Daily Buffet at the Dondang Sayang Enjoy the best of both worlds, 'East Meets West' daily buffet. Salads, cold cuts, roasts curries, satay, noodles and many more dishes you will find irresistable. Coffee or tea is included to complement the meal. Lunch Noon-2.30pm Dinner: 7.00pm
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    • 107 12 fiol km™ TRAP A FEAST OF FAMILIAR FAVOt RITKS! Help yourself to more than 15 delicious dishes, including tasty seafood and braised meats, lip-smacking sauces and traditional condiments. I V To go with steaming-hot Vy porridge or rice. Dinner is from 7pm to 12 midnight. Walk, drive or take the
      107 words
    • 230 12 Jolly Hours are back! OpM Ut ktncfc jnd draft 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
      230 words
    • 188 12 I I A •v V A \Sf *> 1 > Feast on delicious Dian Xin specialties from Guangdong and Beijing. We have an incredible selection to choose from including Shark's Fin ShiLiu Baa Eight Treasures Glutinous Roll. Steamed Chicken Wing Stuffed with Mushroom and Shark's Fin and much more! Daily
      188 words

  • Page 13 Advertisements
    • 539 13 and entertain 6 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES. PALM For between $26++ and $40+ y° u can select from our appetiser OKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses.
      539 words

  • MARKET REVIEWS
    • Article, Illustration
      5093 14 BT Composite Index components (W««k MMtod Mar 25, 11 M) Stock Cloelng price fStoc* Clotifig price Anol Stee 1 55 009 S'ine Derby 239 OIO Scxji'eod 1 IS 002 St Trading 320 006 CSC 210 009 U M W 064 001% Cereboi 486 004 DBS 10 10 060 Cold S'o'«
      5,093 words
    • 692 14  -  Singapore By MAGDALENE NG IT WAS A WEEK of contrasts. After having struck a seemingly independent course with a strong opening on Monday, the Singapore stock market eased to close weak as the gloom of Wall Street spread through the world's major markets.
      692 words
    • 326 14 I K.Lumpur MBT THE KUALA LUMPUR stock market weathered the late bouts of selling last week, finishing steadier across the board in erratic trading. Tin and rubber stocks stole the limelight as the major gainers of the week. Share prices opened on a firm
      MBT  -  326 words
    • 303 14 Tokyo AFP SHARE PRICES in Tokyo fell sharply last week on worries about the US dollar and as many institutional investors retreated to the sidelines ahead of the new financial year beginning April 1. The Nikkei Average shed 674.54 to close at 25,320.72
      AFP  -  303 words
    • 610 14  -  Week ended Mar 25 compiled by JULIANA TAY SCRIP ISSUES Amcol: Proposed bonus issue of one-for-ten Kamunting Tin: Bonus issue of four-for-one Nat Iron: Proposed bonus issue of one-for-two Uo L Proposed rights issue of one-for-two at $1 per share CORPORATE DEVELOPMENTS The Singapore High
      610 words
    • 739 15 New York FT YET AGAIN, the limit on the New York stock market s daily movement has been tested and triumphantly survived. With Thursday s fall of 43.77 points in the Dow Jones Industrial Average, the New York Stock Exchange has
      FT  -  739 words
    • 313 15 Australia AFP AUSTRALIAN stocks suffered a nervous finish to what should have been an extremely strong week's trading. "Up until Thursday, it was the best week since the October crash." said Ord Minnet broker Andrew Main. An overnight fall of 44 points on Wall Street
      AFP  -  313 words
    • 2794 15 BALANCE SHEETS AS AT 30TH SEPTEMBER, 1987 GROUP COMPANY Note 1MT W 1*7 UN S S FIXED ASSETS •UMMMY COMPANY. unquoted shares ft cost ASSOCIATED COMPANY OTHER INVESTMENTS DEVELOPMENT PROPERTIES LOAN AND HME PURCHASE OEBTORS QOOOWTU. ON CONBOUDATION CURRENT ASSETS 7 9 10
      2,794 words
    • 403 16  -  From SHIRISH NADKARNI and AJIT AGHARKAR In Bombay SHARE PRICES succumbed to sustained selling pressure and the Bombay Stock Exchange Index dropped by almost 25 points to close at 392.44. a new low. The previous low was 396.9 recorded in the post-Budget
      403 words
    • 231 16 ABN Bank AT THE BEGINNING of last week, internal factors stimulated share prices on the Amsterdam Stock Exchange. Company results for 1987 and prospects for 1988 which were in general better than expected, the proposed changes in the tax law which could lead
      ABN Bank  -  231 words
    • 525 16 Hongkong SHK Securities SHARE PRICES in Hongkong took a plunge last week, with the Hang Seng Index losing more than 100 points. The index closed at 2,501.93, down 105.67 from the previous week, when it soared past 2.600, its highest level since
      SHK Securities  -  525 words
    • 878 16  -  London From RAY HEATH in London A ONE-DAY FALL of 50 points in the Financial Times Stock Exchange 100 Share Index last week had the soothsayers wringing their hands. Stock exchange lore has it that the crash of October would be followed
      878 words


  • COMPANY NEWS
    • 599 16  -  Exercise expected to take a few weeks By LEE HAN SHIH Property Correspondent THE HOTEL MERIDIEN in Orchard Road will not be sold until a review has been conducted on its owner, said receiver Arthur Anderson Co yesterday. The review will focus on the
      599 words
    • 89 16 Plantation-based Kulim Malaysia Bhd chalked up a hefty 531 per cent rise in profit after tax but before extraordinary items of M 57.7 million ($1.22 million) on an enlarged turnover of $64.31 million ($51.43 million) for its financial year ended Dec 31, 1987. Industrial and Commercial Bank Ltd
      89 words
    • 182 16 Reuter MALAYSIAN conglomerate Sime Darby Bhd will acquire 9.93 million shares of £1 each in the UK-based Harrisons and Crosfield PLC (H and C) from stateowned Permodalan Nasional Bhd. "The acquisition, which represents 7.2 per cent of the paid up capital of
      Reuter  -  182 words
    • 743 16 w mm™ By HOCK LOCK SIEW STANDARD Chartered Bank's problems are universally known: huge non-performing or doubtful Third World loans; heavy losses on commercial bank loans in Singapore, Malaysia, Canada and France; its 1987 results due to be released on Wednesday are expected to be horrific; its
      By HOCK LOCK SIEW  -  743 words
  • Page 16 Advertisements
    • 486 16 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND GULF WIND MARKETING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at 1 Colombo Court #04-06 Singapore 0617 on the 21st day of March 1988 the following Special Resolution
      486 words
    • 497 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TRICO INDUSTRIES FAR EAST PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE is hereby given. in pursuance of Section 308 of the Companies Act, Cap. 50. that the FINAL GENERAL MEETING of the members of
      497 words
    • 536 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND SAHAPHAND MOTOR (PTE) LTD. (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 50 Jin. Sultan #21-04 Jalan Sultan Centre, Singapore 0719 on Monday 21st day of March 1988 at 11
      536 words

  • WORLD MARKETS
    • 1063 17 New York Reuter WALL STREET was routed by sell orders for the second straight day last Friday, leaving the market more than 100 points lower than where it began the week and below the Dow 2000 level for the first time in more than a month.
      Reuter  -  1,063 words
    • 991 17 London Reuter SHARE PRICES on the London market were improving quietly but steadily in late trading on Friday after the market had fallen sharply on UK balance of payments data. The current account deficit of £720 million for February was well above median expectations of
      Reuter  -  991 words
    • 1331 17 Amsterdam MAR 29 FLS ABN 3# 50 Aagon 00 90 Ahold 99 70 Akzo 105 00 Alranta 150 40 AMEV 53 70 Amro Bank 99 20 Am Stad 121 20 Barkal 13 70 BOLS ***** Borauml) 91 Buahrman Tatlaroda 44 50 Calva 745 Elaaviar 49 50 Fokkar 25 00 Gamma
      1,331 words
    • 96 17 Reuter FORD MOTOR Co plans to seek approval from the Tokyo Stock Exchange and the Japanese Ministry ot Fi- nance to list Ford common t stock on the TSE. The listing is expected to be completed in the autumn, Ford said Ford vice president of
      Reuter  -  96 words
    • 1361 17  -  The Kuwait Investment Office is known in major world financial centres for its reputation as an aggressive and shrewd investor but nowhere more so than in London where it is headquartered. ALAN LEE files this report from the City ALAN LEE LATELY, the Kuwait
      1,361 words
    • 318 17 Reuter THE BROKEN HILL Pty Co Ltd (BHP) expects fourth quarter profit to fall due to its multi-bil-lion dollar restructuring. But even though profit is forecast to fall in absolute terms, earnings per share will later rise with the cancellation of 300 million BHP
      Reuter  -  318 words
    • 189 17 Reuter BOEING CO and McDonnell Douglas Corp are likely bidders for Pneumo Abex Corp. the defence and aerospace unit that IC Industries Inc is considering selling for about US$l.2 billion. analysts said. Foreign companies also are among the seven parties expected
      Reuter  -  189 words
  • Page 17 Advertisements
    • 43 17 CHANGE OF NAME OTHMAN NG SDN.BHD. has changed its name to TA SECURITIES SDN. BHD. With immediate effect TA SECURITIES SDN. BHD. 19th 20th Floor, ÜBN Tower Jalan P. Ramlee, ***** Kuala Lumpur Tel: *****77 (20 Lines) Telex: TASEC MA ***** Fax: 03-*****69
      43 words

  • 160 18 NTUC INCOME, which began with a $1.2 million capital base in 1970, now has total sums assured of more than $3 billion in the life insurance business. The co-operative insurance company of the National Trades Union Congress has, in
    160 words
  • 398 18 IT WAS A WALKABOUT with a difference it was done on two wheels. Then again, the Ayer Rajah constituency is different it has a mixture of housing types spread out over a large area. "That is why the Member of Parliament for Ayer
    398 words
  • 483 18  -  By AMY BALAN THE KUALA LUMPUR Stock Exchange is working out final details for a central depository system and a second board for smaller- and medium-sized companies two key projects which it hopes to bring up within the next 12 months In an exclusive
    483 words
  • 511 18  -  By MARTIN SOONG THE SINGAPORE Society of Accountants (SSA) may make a professional ethics course mandatory for membership soon the latest of several recent attempts to bolster the credibility of the profession following controversial lawsuits in the wake of the Pan-El debacle.
    511 words
  • SATURDAY ROUNDUP
    • 235 18 A quick look at Saturday's main newt DIPLOMACY and defence capability must go together, said Mr Goh Chok Tong, First Deputy Prime Minister. The task is to build up the Republic s defence without alarming its neighbours. "The effectiveness of the SAF must be measured by
      235 words
    • 164 18 UNIONS could cause great harm if they did not get their act together, NTUC secretarygeneral Lim Boon Heng said during a seminar last Saturday. He cited the case of disagreements among workers and unions in Dundee, a Scottish city, which resulted in the loss of
      164 words
  • LATE FILE
    • 41 18 UPI BILLIONAIRE developer Donald Trump has added New York's posh Plaza Hotel to his real estate empire at a cost ot US$39O million. The New York Times said yesterday that the deal was made on Friday. UPI
      UPI  -  41 words
    • 57 18 AFP FORMER Israeli nuclear technician Mordechai Vanunu was yesterday sentenced to 18 years in prison for having divulged Israeli nuclear secrets to the British newspaper. the Sunday Times, in 1986. Mr Vanunu faced a possible life term after a court in Jerusalem found him
      AFP  -  57 words
    • 47 18 Reuter THE ruling Australian Labour Party has narrowly retained a previously secure seat in a weekend by-election. Polling officials in Adelaide said yesterday that a 14 per cent swing against Labor almost wrested South Australia's working-class Port Adelaide seat for the Liberal Party.
      Reuter  -  47 words
    • 48 18 Reuter A TAIWANESE reporter covering China's National People's Congress in Beijing said yesterday that he had applied to interview Mao Zedong's disgraced widow, Jiang Qing. "I'm sure the interview will not be allowed," said Chou Yofei, editor of an independent magazine Human Rights Forum. Reuter
      Reuter  -  48 words
    • 37 18 UPI SOVIET and American human rights negotiators yesterday agreed to a series of visits by American psychiatrists to Soviet mental hospitals to determine whether the facilities are used to punish dissidents. UPI
      UPI  -  37 words
    • 34 18 AP PROSECUTORS in Seoul said yesterday that they were questioning bank officials to prepare charges of embezzlement and influence-ped-dling against Chun Kyung-Hwan, the brother of former president Chun DooHwan. AP
      AP  -  34 words
  • Page 18 Advertisements
    • 518 18 Get your free dippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Government sets up $100 m fund to help companies invest overseas. 2. The HK brain drain: a consultancy firm has tossed up some astounding emigration figures. 3.
      518 words
    • 166 18 \W //i> A 7 hV \\\W lA\ JLW Investments JTdamchimotb. is Jtmm *TO KfttJVHOHG EAST COOST For Sale By Tender LOCATION Situated at 11, Palmer Road, between Shenton Way and Anson Road. In the vicinity of major office buildings like 78 Shenton Way. MAS and Treasury Buildings. Within short walking
      166 words

  • SHIPPING TIMES
    • 234 19 THE NEPTUNE KIKU. a Free-dom-type vessel equally owned by Neptune Orient Lines and Jurong Shipyard, has been sold. Second-hand tonnage brokers reported that the deal for the 1973-built multi-purpose vessel of 15,192 dwt was concluded with an unnamed interest for US$2.2 million. The sale
      234 words
    • 319 19 AFP MALCOLM MCLEAN, a multimillionaire, wants to start another shipping line. Now in his 70s, Malcolm McLean took over a bankrupt shipping line and turned it into the world's biggest operator, sold it, bought another bankrupt shipping line and turned that into the
      AFP  -  319 words
    • 112 19 Seatrade Week THE PHILIPPINE government is losing two million pesos each day because of delays in awarding the Manila International Container Terminal lease contract. authorities claim. The amount represents fixed and variable fees and taxes that should have been due
      Seatrade Week  -  112 words
    • 176 19 AFP SOUTH KOREA'S troubled shipping industry has more than halved its debts and profits in January rose 41 per cent from a year earlier, the South Korean Maritime and Port Administration (MPA) said. Debts of the country's 35 shipping firms narrowed from
      AFP  -  176 words
    • PORTSIDES
      • 71 19 Reuter WORKERS at South Korea's second biggest shipyard voted overwhelmingly to go on strike over demands for a 55 per cent wage rise. Union leaders at Daewoo's mam shipyard on the southern island of Koje said about 98 per cent of the yard's
        Reuter  -  71 words
      • 75 19 Reuter SAUDI ARABIA is expected to introduce a law requiring shippers to unload imported goods at Saudi ports, maritime officials said. Port dues in Saudi Arabia are the highest in the Gulf and many importers prefer to unload in the United Arab Emirates and re-export
        Reuter  -  75 words
      • 46 19 Reuter THE FAR Eastern Freight Conference (FEFC) announced that the new level of the interim bunker adjustment factor (BAF) will be minus 0.45 per cent, to apply concurrently with the general rate increase and the incorporation of the BAF on April 1.
        Reuter  -  46 words
      • 76 19 AFP FIRE BROKE out aboard a car ferry with 348 passengers aboard off south-east England. Lloyd's insurance brokers said. The ferry Nordic was said to be without electricity as a result of the fire in the generator room. The Nordic belongs to P and O
        AFP  -  76 words
    • 163 20 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
    • 100 20 Reuter BANGLADESH s biggest port remained paralysed as only a few of its 30,000 dock workers returned to work at the end of a two-day strike, officials said. Dockers at Chittagong began an indefinite strike over demands for higher wages and benefits
      Reuter  -  100 words
    • 438 20 Reuter A NEW BRAZILIAN private company is set to build a US$63O million railway to serve grain production areas in the key states of Parana and Mato Grosso do Sul, where soybean cultivation is expanding rapidly Ferroeste (Estrada de Ferro Parana Oeste SA)
      Reuter  -  438 words
    • 214 20 LLOYD's Register spent 1987 consolidating plans to meet the challenge of change in marine and land-based industries The international classification and survey society is concentrating its efforts on three fronts promoting technical skills in the service of customers. maintaining standards in marine and offshore safety, and building
      214 words
    • 1035 20 IN THE second-hand tonnage market last week, there were rumours that the Stena Fortuna was sold to an unnamed company for about US$l4.5 million to US$l5 million. However, the sale of the motor bulker 60,005 tonnes dw built 1983 could not be substantiated. Though bulk carriers still dominated the
      1,035 words
    • 1009 20 *B Sfipg V 5 ABC Container vm 1 Accord Shpg VI 3 Ahronkiol liner XI 3 Africa Ocean XN 2 Alltrans vn 3 AC Toeple' XI 5 American Tpt XN 4/5 Anro Service IV 2/3 m Arrow lines IX 5 Anon Ocean XI 4 Atlas t">« X
      1,009 words
    • 688 21 AFP THE DEVELOPED member states of the Organisation for Economic Cooperation and Development (OECD) are likely to put on a more united front than before in negotiations over global shipping policies, the chief representative of West European and Japanese shipowners said.
      AFP  -  688 words
    • 180 21 AFP DELAYS were lengthening on Saturday afternoon at Dover for crossing the Channel as the P and O ferry company seamen's strike dragged on. Waits were 36 to 48 hours for trucks, 24 hours for cars, and 18 to 24 hours for people on foot, port
      AFP  -  180 words
    • 211 21  -  From Kingsley Wood MEMBERS of the Seamen's Union and Marine Stewards in Australia have overwhelmingly moved for amalgamation in a postal vote conducted by the Australian Electoral Commission. A decision required more than 50 per cent of each union to register
      211 words
    • 312 21 Lloyd's List THE UNITED STATES shipbuilding industry which has not won a merchant vessel order for nearly Jour years, plans to take on the daunting task of breaking into the export market for the first time. The switch in policy has been
      Lloyd's List  -  312 words
    • 181 21 March 29-31 Reinsurance underwriting workshop, Insurance Reinsurance Research Group. Royal Horseguards Hotel, Whitehall Place, London SWI. April 6 Bills of lading Masters responsibilities. Nautical Institute (Solent Branch) meeting. 1930 hrs. College of Maritime Studies. Warsash April 6-7 Subsea control and data acquisition for oil and gas production systems.
      181 words
    • 8294 26 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.
      8,294 words
    • 1233 27 GRAIN fixing from the US Gulf to the Continent at slightly easier levels and active chartering for grain from the US North Pacific to Egypt featured the freight market on Thursday, shipbrokers said A grain vessel was fixed from the Gulf to Rotterdam at a lump sum of
      1,233 words
    • 1504 27 AT CONVENTIONAL WHARVES Thanh Da PSA 28 03 0730 29 03 1500 Timber lodoh PI A 2803 1230 29 03 1200 Vessel Berth Arrival Departure JURONG PORT KEPPEL WHARVES Alaconbus Jl alongside 28 03 0600 Am Oussero K35 alongside 29 03 0700 Amer Kanti J8 olongside 2803
      1,504 words
    • 2045 28 A—B AB Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg (S) Accord Shpg Accord Shpg (S) Africa Ocean Lines Sealion Shpg (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK) Alltrans Alltrans Express American President Lines
      2,045 words
    • 585 30 Reuter THE POLITICAL crisis in Panama is being watched by the freight market because of the possibility that it could lead to the closure of the Panama Canal But the market is showing no signs of panic, shipbrokers and dry cargo futures traders said.
      Reuter  -  585 words
    • 167 30 Reuter ISHIKAWAJIMA-HARIMA Heavy Industries Co Ltd has filed plans to cut its group shipbuilding capacity by 25.9 per cent, Japanese Transport Ministry officials said. They said IHI will slash capacity to 539,347 compensated gross registered tonnes (cgrt) by March 31 from its current 728,044
      Reuter  -  167 words
  • Page 19 Advertisements
    • 873 19 TIMES STP Distributors OOCL Ohjent Oviiqeas Co*laim\ Line NORTH AD4ERICA ATLANTIC EXPRESS (ROUND-THE-WORLD ROUTING I EUROPE EXPRESS SERVICE S pore Le Havre F"stow« R'dam H'burg B'luvan •KOREAN JACEJIN 43W 3 4 21*4 221* 23/4 25/4 26/4 QUEEN S WAY BRIDGE 2W 7/4 25/4 25/4 27/4 29/4 SEVEN SEAS BRIDGE 66W
      873 words
    • 123 19 A NEW BRAZILIAN private company is set to build a US$63O million railway to serve grain production areas in the key states of Parana and Mato Grosso do Sul, where soybean cultivation is expanding rapidly. Page II THE DEVELOPED member states of the Organisation for Economic Cooperation and Development (OECD)
      123 words
    • 819 19 TIMES STP Distributors TVm#« PuMs/moq Group 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) This «eek Andres M Closing Tme CY 30 3 2300 MRS CFS 30 3 1
      819 words

  • Page 20 Advertisements
    • 512 20 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ALSO ACCEPTING CARGO TO ALL UK INLANO 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 KOWLOON BAY THAMES MARU BENAVON CALLING 'KOBE 11/4. TOKYO 14,4 #KOBE 29/4. TYO
      512 words
    • 17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
    • 391 20 CHARGEURS REUNIS #> m FNOUIBIFS *****44 FA« *****51 Optorg Shipping Pte. Ltd 1 Port K*»iang *****01'?'3 Pelahnq Jaya 756?593Z7b756£3 Ppnang f>***** EL M A 'PRESA JNf AS VAPi' VAS APGENTINAS .ARGENTINE NATIONAL LINE 1 MM HUM EZ* 08N C Town Rk> Sin,M 8 Aires s pore Labuan Hkg Keclunj Kobe
      391 words

  • Page 21 Advertisements
    • 1157 21 £2 The Straits Steamship Group i- Mansfield Container Shipping Re Ltd P&O Containers rCOmHIHERSHIP SERVICE TO UK/COHTwTnf 7^ STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok 14/04 16/04 11/04 IMK 21/04 1703 1903 21/03 22/03 24/03 24/04 26/04 28«4 29/04 01(05 02/05 04,05 06/05 07/05 »/05 07,05 09-05
      1,157 words
    • 619 21 £3 CSAV Corrponu Sud Americano cfo Vjpcrcs S A SERVICE TO/FROM CHILE S PORE I MOTHER VESSEL HK ARICA IQQ ANTOf VALP SAI M A VESSEL 14/4 St 11* 1014 CAR CARRIER YO«- »f5 Jl'S »4 UM 8 VESSEL 2S/4 4* 2/6 10« CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE)
      619 words

  • Page 22 Advertisements
    • 432 22 mSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRAN EHSAN IRAN TEYFOURI IRANIAN SERVICE Loading for BANDAR ABBAS BANDAR ABBAS KYOWA LINE PNG/S. PACIFIC SERVICE Singapore Loading for EAGLE V-2 Sailed JAYA. LAE. MRA, LTK. MALAU MICRONESIA SERVICE OCEANIA EXPRESS V-12 13/4 OCEANIA EXPRESS V-13 3/5 YOKO ASIAN
      432 words
    • 854 22 MCSline FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ KOREAN JACEJIN 43W queen s way bridge m SEVEN SEAS BRIDGE 6SW KOREAN CHANCE J6W ACE CONCORD 14* ORIENTAL CHIEF »W A Member of the Ace Consortium r FROM EUROPE VIA SUEZ f Member ol Ihe Act Consortrum KOREAN CHANCE 35E ACE
      854 words
    • 344 22 m FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO CHITTAGONG: SAILING 8/4 11/4 EURO-AFRICA LINE FOR: PORTO. LISBON, ORAN, BILBAO MADRID. MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER ISTANBUL U.S.A. PAPUA NEW GUINEA PORT MORESBY, RABUAL. LAE KIETA, MADANG KIMBE NEW CALEDONIA FIJI ISLANDS NOUMEA
      344 words
    • 904 22 w EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPT INC CARGO TO 1) PROVIDENCE NEWARK SAVANNAH BOSTON PHILADELPHIA NORFOLK JACKSONVILLE WILMINGTON BERMUDA ETC 2) ATLANTA CHICAGO DETROIT COLUMBUS OTHER MAJOR MICROBRIDGE DESTINATIONS CRISTOBAL BALBOA PANAMA CITY COLON LINON CURACAO VIA KINGSTON 4) MONTREAL TORONTO VIA NEW YORK Round-The-World
      904 words

  • Page 23 Advertisements
    • 938 23 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 VESSEL GOWA KOTA EAGLE MAJAPAHIT KOTA SINGA FAR EAST CONTAINER SERVICE VOY SIN JKT SBY VUT SIN PGD MRU MU 21 SB Sid In PI 30/3 22N8 4/4 6/4 11/4 13/4 15/4 19« MSB 14/4 17/4
      938 words
    • 500 23 \CI BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE TO NEW ZEALAND, NEW CALEDONIA FIJI AND SOUTH PACIFIC ISLANDS JEBSEN SOUTHLAND 22S SIN NOUMEA AM. TGA NAP TIM BLUFF 7/4 4/5 7/5 8 5 HIS 13/5 155 ANANGEL LEADER VOY 8S 28 4 a/5 25,'S Z7/S 30/5 1/6 3/6 ACCEPTING
      500 words
    • 506 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAWUDEIA INDONESIA P.T. TRIKORA LLOYD r EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE vsl/voy KUTAI/14WB L J BONTANG/14WB S PORE 13-16/4 6 BJ—BILBAO ANTWERP H BURG/ RDAM;ADAM BREMEN 16/5 21/5 13/6 16/6 Suto|«ct to Inducement Also accepting
      506 words
    • 389 23 BOUSTEAD SHIPPING AGENCIES MERGUI VB3W PAGAN VI26W PA AN VI23W HTONEYWA V234W BURMA FIVE STAR SHIPPING CDRPimTWN (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok 30 Mar 5 Apr 4/6 Apr 9/11 Apr 15/17 Apr 23 BANK LINE SEMI-CONTAINER SERVICES heavy liTt Capability NORTHBOUND TO UKC SPORE
      389 words

  • Page 24 Advertisements
    • 1382 24 jL K"UriE SHIPPtnG OfITPI ATLAriTIC COAST (Round-The-World Service) ORIENTAL FORTUNE V 8 NEPTUNE JADE Vl2 ORIENTAL FAIR V 8 •PK/PNG SPORE Sid 31 Mar 3 Apr 7 Apr 9 Apr 14 Apr PACIFIC SOUTH-WEST FEEDER VSL ORIENTAL FORTUNE V 8 NEPTUNE JADE Vl2 •PK/PNG SP MOTHER VSL Sid 31 Mar
      1,382 words
    • 818 24 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Keiang Penang Loading tor Mother Vsl By Feeder B| Feeder S O TRIPURA V 34H 3 Apr Kandla Bombay RAVIDAS V»M 6 Apr 29 Mar Mar Kandla Bombay INDIAN COURIER V 29N IS Apr I Apr I Apr HMCalfCbo/Madrai S 0
      818 words
    • 754 24 GOLDEN LINE S G>k GUAN GUAN SHIPPING (PTE) LTD 23. Tata* Ayar Strtct SINGAPORE 0104 TEL U43W (10 LINES) F». SJ43SO4 STRAITS/PERSIAN GULF SERVICE: Spore PKeiang Penang GOLDEN WONDER ColoniDo Karachi Dubai 5/6 Apr GOLDEN BEAR CotanDo Karachi Dubai 24/75 Apr CHINA SERVICE A VESSEL Shanghai Hsinkang 4/5 Apr MINFU
      754 words
    • 502 24 PHI LI-OniCNT UN€5 PT€ LTD HEAD OFFICE 63 ROBINSON ROAD '07 12 i AFRO ASIA BUILDING SINGAPORE 0105 TELEX RS ***** PHH.I FAX *****76 MIDDLE EAST/FAR EAST FCL ft L& SERVICE DUBAI. DAMMAN KUWAIT. BOMBAY DOHA MUSCAT. BAHRAIN. ABU DHABt t SHARJAH JEDDAH HODCIDAH AO ABA H KONG KOBE KEELUNC.
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  • Page 25 Advertisements
    • 862 25 NEPTUNE ORIENT LINES LTD J Bahru NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEi Term mil CFS BOOKINGS *****53 *****42 *****22 *****53 27*0119 *****16 *****11 *****4* NEPLINE SON BHD 3619*87 inward outward NEPLINE SON BHD *****33 ENQUIRIES *****44 NEPLINE SON BHD *****5/6276f0/t276«1«276t2 NEPLINE SDN BHD 23»40/23«Ml StRVICE A Consortium IU tUKUrt/Ur\
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    • 533 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN. INCHON STRAITS/KOREA SERVICE Vessel s Name No 6 Donam 802N •Gloria 803N M Enterprise'loSN No 9 Donam SO3N No 7 Donim 804N No 8 Donam BQ3N ETD BS BKK 12 03 27/03 ***** ft/03 76/04 23/03 03/04
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    • 741 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** rtNANG p KELANG Sfs RS j "A'pOH°Pf N ,S HANDLINC SVST CO SON BHD Laoles JAYArOH PtNANG, Tel
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  • Page 26 Advertisements
    • 316 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 22b 6868 <30 Lines FAX 2252-539 TELEX RS ***** A B SSCVA RS ***** A B SSCAD VE.B DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE "VIA COLOMBO Accepting cargo tor INDIA Bombay, Cochin, Madras Calcutta ""VIA LARNACA: Accepting cargo tor Lattakia, Piraeus, Tbessaloniki, Izmir, Istanbul.
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  • Page 26 Miscellaneous
    • 194 26 I Regional Weather m "4 S 3C S s m s 'A m m /r f\£. 5* M <? ol_ «8 s\ <£ a IS SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperoture c X\ ml
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  • Page 27 Advertisements
    • 1203 27 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fax *****15 FIXED CONSOLIDATION SERVICE FCL/LCL TO. CHINA, HONG KONG, GANGKOK, P.KELANG, KEELUNG, KAOSHIONG, MANILA, GUSAN, TOKYO/YOKOHAMA KOOE, OSAKA, FELIXSTOWE, HAMGURG AIL EUROPE BASE PORTS ALL USA PORTS Also accepts to other destinations. ACCEPTING FCL/LCL AND CONVENTIONAL: EAST MALAYSIA (LCL DOOR
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    • 280 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. PC IRAQI LINE I**ol STATI f NT( RPRISI FOR MASITIMt TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR •W BABYLON 13/4 Japan (r HAMA) ALFARABI 15/4 Japan WEST BOUND SERVICE ETA S PORE LOADING FOR MV ALFARABI 10/5 Jeddah Aqaba Baghdad THROUGH B/Ls
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  • Page 28 Advertisements
    • 592 28 m FINE-LINER SHIPPING PTE LTD 70 Shenton Wiy. M 07C Minna House. S pore 0707 TEL *****77 (8 Lines) TLX RS ***** FLINER FAX *****56 MIDDLE EAST GULF SERVICE SPORE IHQ DUB SMJ AO® DAM KWT »AH OOH 2/4 12/4 14/4 1M 15(4 1M IW W> W 274 "M H/S
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    • 532 28 ZIM -5 FULL CONTAINER SERVICE accepting FCLLCI cargoes to USA E«st 1 West Cojst Carribbean List Canada HAITI Costa Rica. El Salvador. Guatemala. Honduras. Venezuela Peru Ecuador Colombia via Miami Trinidad Barbados Antigua St Lucia. Montserrat Guayana via Kingston a+* i: 11 immrmm ttw i ■■iii f ZIM STDNEY ZiM
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    • 619 28 verett Lines/ COMPANIA PERUANA \SK& DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO MATARANI, ILO* AND ALL OTHER •PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION P Kelang* MANOLOEVERETT JOHNEVERETT MURRAYEVERETT Singapore 8/9 Apr 22/23 Apr 3 4 May ORIENT LINE" JAPAN/BAY OF
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  • Page 29 Advertisements
    • 155 29 P.T. TYTYAN SAMODRA SHIPPING COY Envi Services Pte Ltd Tel: *****55 Tlx RS ***** ENVISV Fax: *****28 ESPRIT CHINA CONTAINER LINE 1 ~r=H= tif 35 3 tjjls If I] 1 ■lIIJJIJIIMB I■! IP—p WEEKLY LCL/FCL SERVICE TO: CHINA DAILY TRANSIT BY ROAD TO SHENZHEN GUANGZHOU. SHANTOU. inland destinations via HONG
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    • 57 29 NEW WAVE TRANSPORT (S) Jffl? PTE LTD. TEL: 223-3448/223-3477 ACCEPTING LCI/FCI TO: KOBE/ YOKO/ BANGKOK 06/04 04/04 02/04 *NAGOYA/HAKATA SUBJECT TO INDUCEMENT ALSO ACCEPTING HOUSEHOLD REMOVALS TO ANY DESTINATION /Qy Ngship Agencies "V J T*l«phoo«: *****43. *****90 224*374 T«)«» RS ***** FAX *****69 AB NGSHIP BREAKBULK CONTAINER SERVICE MINXING A
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    • 562 29 LCL/FCL SERVICE SINGAPORE 8/4/88 NOUMEA 4/5/ itsaoEicsEiHFsngi SINGAPORE 11/4/88 Also accepting cargo to KEEL UNO. KAOHSIUNQ, HONG KONQ, P KELANQ. BUSAN JAPAN E. MALAYSIA A BRUNEI PORTS TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LUCKY SEAWAY SERVICES PTE LTD Tlx: ***** Pax: *****77 S.E.ASIA/CHINA SERVICES SGP PKLANG PNC FOR
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    • 599 29 GLORY NAVIGATION GROUP RE6ULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* GLORY SELATAN VIII Sid 9/3 CLORY SELATAN IX V« Sid l«/ 3 GIORY SCLATAN V 30/3 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE
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    • 384 29 PTC CONTAINER LINES FCL/ICL SERVICE PIC GTOJP C/CJ CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL SIN AFGHANISTAN 29/3 HAIRATAN/KABUL/TOURGHUNDI WORLD FREIGHT SERVICES LTD International NVOCC Container Liner Weekly Service To and From U.K. (Accepting cargoes for all inland destinations in U.K. General Agents POH TIONG CHOON SHIPPING (PTE) LTD
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  • Page 30 Advertisements
    • 392 30 if/ Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** I*3 lAMI K\ \K I INI K I I I). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS SEKI MATSUYAMA 68 12/4 15/4 VOY. NO 63 55 Spore Sailed P. Ke'ang Yokohama 17/4
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    • 507 30 FOR RELIABLE and fast transit WEEKLY FCL SERVICE 10 USA-EAST COAST/GULF/CANADA/MEXICO AND FRENCH WEST INDIES VSL ISPCK, lltHavrt I Conntcting~VSL le. New N dejima W72 2»/3 14/4 STUTTGART EXP. Orleans Houston/ B SURIA VOB2 4/4 21/4 NUERNBERG ATL. J? I—™'1—™' SELANDIA VOS2 11/4 21/4 ATL CARTIER C Cruz, Mexico Crty.
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    • 230 30 WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK Agent MHON-ASM SHIPPING (S) PTE LTD Tel: *****88 (8 Lines) Tlx: RS ***** JUNO SHIPPING PTE LTD TEL: *****55 I TLX: RS ***** FAX *****14 teR UNES) TIMBER/BREAKBULK SERVICE RANGOON S PORE BKK HKG KEE QINGDAO LATANGAN In Port 4/4 7/4 KEN
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    • 597 30 MJU, CALL US ATZ P. KELANG 5 PENANG v J BAHRU p GUDANG mmm SINGAPORE MmM 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 FEEDER B BUTANC 4» BUTANC 432 B BUTANC 433 B BUTANC 435 P KELANG MTHR
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