The Business Times, 7 April 1988

Microfilm: NL16127
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, APRIL 7, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    283 1 AFP Dow Jones higher WALL STREET stocks narrowed their gams in lacklustre trading yesterday, with blue chips hovering above the key resistance level. In early trading, the Dow Jones Industrial Average retained a rise of five points to 2.002 after scaling back an earlier advance. In the
    AFP  -  283 words
  • Article
    Simex fines five for trading misconduct
    386 1  -  Two other dealers issued warnings By SOH TIANG KENG Financial Correspondent THE SINGAPORE International Monetary Exchange (Simex) has slapped fines, totalling $220,000, on five traders for trading misconduct. It also issued warnings to two others who committed minor trading offences. The Simex action, according
    386 words
  • Article, Illustration
    Dow rebound, steady US$ boost regional markets
    210 1 ON THE BACK of news that Wall Street had rebounded overnight and that the dollar had steadied, major stock markets in the re- gion, with the exception of Australia, rose to close higher yesterday. On the local front, share prices rose in quiet
    210 words
  • Article
    British pound breaks new barriers in early trading
    130 1 THE BRITISH POUND broke through US$l.BB and tested the 3.14 West German mark barrier at the opening of trading yesterday in the London foreign exchange market, prompting the Bank of England to intervene to check the pound's latest surge. Dealers said that
    130 words
  • Article
    HK may impose spc sales tax next year
    138 1 HONGKONG may impose a 5 per cent sales tax next year to try and widen its narrow tax base. The move, according to the South China Morning Post yesterday, will mean consumers having to pay more for goods, and possibly services. But
    138 words
  • Article, Illustration
    Lock icon PNB confirms it may dispose of Guthrie Corp shares
    308 1 MBT PERMODALAN Nasional Bhd, the Malaysian government s investment agency, has confirmed that it is considering the disposal of its 49.88 million shares in UKbased international trading company Guthrie Corp. In a statement released yesterday. PNB said it has notified the
    MBT  -  308 words
  • Article
    Lock icon Dr M seeks to annul suit by three former Umno leaders
    418 1 Bernama PRIME MINISTER and Umno Baru president Datuk Sri Or Mahathir Mohamad and party secretary-general Datuk Mohamed Rahmat yesterday sought a court order to strike out an application by three former Umno leaders for an injunction to stop Umno
    Bernama  -  418 words
  • Article
    Court discharges injunctions against Bethlehem
    422 1  -  By WILLIAM CHIA AN INJUNCTION preventing Bethlehem Singapore Shipyard from disposing of its assets pending a court hearing on retrenchment claims of $14 million was yesterday thrown out by the High Court. Two injunctions had actually been taken out by 45 nonbargainable former employees in
    422 words
  • Article
    'Beecham penicillins unaffected by process inconsistency'
    254 1 A PROCEDURE in making penicillins at Beecham Pharmaceuticals' Singapore factory may have been side-stepped. But the company said that even if this were found to be true, it would not affect the end-product. The matter is being investigated, said Mr Barry Jones, managing director
    254 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      206 1 A TIEN COURT JC SICHUAN CUISINE King's Hotel Havelock Road Singapore 0316 Tel: 733 0011 r How to get ahead without ending'up in deep waters. 1 o K ij JH im vA Sk! If vou're thinking of expanding vour business, GPF has the scheme to help vou avoid the problems
      206 words
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      Page 1 Advertisements Column 2
      338 1 >}+`(==.'>-^~?>-~$_\>.~)*;])[:: The women's new place TWENTY YEARS AGO, women entrepreneurs in Singapore were a radical breed, breaking out of the kitchen only to face male prejudices. Today, things have markedly improved and if there is any lingering male disapproval at the sight of a woman owning her own shop, it
      338 words
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      Page 1 Advertisements Column 3
      51 1 TOTAL TRANSPORTATION q:VR gj?| TEL; 26S-3833 CROWN PACIFIC Melwani, exclusively male. No; O pen at I B nternational uilding (Next to Lido Theatre) 360 Orchard Road. "01-18 r A m •>s> v> > *02-55 56 58 Wisma Atria. Tel *****25 *02-23, Plaza Singapura, Tel: *****29 Ist level. Metro Marina Square
      51 words
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  • HOME NEWS
    • Article, Illustration
      Cham Tao Soon is new CIDB chairman
      396 2 PROFESSOR Cham Tao Soon has succeeded Mr Lee Yiok Seng, Senior Parliamentary Secretary (National Development), as chairman of the Construction Industry Development Board (CIDB). The appointment of Professor Cham, the Nanyang Technological Institute president, took effect last month. He has been a member
      396 words
    • Article
      Sir Geoffrey Howe visiting Singapore
      143 2 BRITAIN'S Secretary of State for Foreign and Commonwealth Affairs, Sir Geoffrey Howe, begins a three-day visit to Singapore tonight at the invitation of the Minister for Foreign Affairs and National Development, Mr S Ohanabalan. Sir Geoffrey will make separate calls on the Prime Minister, Mr
      143 words
    • Article
      Expert system can help in port administration
      427 2 A PROTOTYPE EXPERT system, computer software capable of some degree of "reasoning", has been developed to help the Jurong Town Corporation manage the allocation of berths at Jurong Port. The software incorporates 10 years of a port officer's experience in allocating berths to
      427 words
    • Article
      Accountants' team to visit Taiwan
      272 2  -  By SOH TIANG KENG A SIX-MAN MISSION, jointly led by Mr Hsu Tse-Kwang, Commissioner of Inland Revenue, and Mr Keith Tay, president of the Singapore Society of Accountants (SSA), leaves today for Taiwan to identify business opportunities there. Mr Lam Peck Heng, executive director and
      272 words
    • Article
      MEMO-PAD
      279 2 Seminars and HT Courses «rs Tel: *****1 srtion Tbc RS 392 P Fax ****** J Apr 17-22 The Job of the Chief Executive SIM Conference Room Singapore Institute of *****66 Apr 18 19 Management Purchasing Savings SIM Conference Singapore *****66 Workshop Room Institute of Apr 18-22 Management Personality Measurement
      279 words
    • Article
      Lam Soon wants $32m for club site
      457 2 AFTER failing to sell the Ria Country Club site for $24.1 million last month, edible oil and soap manufacturer Lam Soon now says it is trying to sell it for $32 million. Property tycoon Ng Teng Fong of Far East Organisation last month
      457 words
    • Article
      Singapore-Canadian team develops new instrumentation system
      276 3 A MICROCOMPUTER-BASED instrumentation system has been developed by six scientists of the National University of Singapore and researchers of a Canadian process engineering company, SCAOA Systems Inc. An application for a patent is to be submitted for this system. It will be marketed after
      276 words
    • Article
      Need for more paediatric surgeons
      256 3 SINGAPORE has to double its pool of trained paediatric surgeons if it is to meet national needs, said Or Kwa Soon Bee, permanent secretary (Health). Besides raising the numbers, Singapore also has a long way to go in paediatric surgery before it could reach the
      256 words
    • Article
      Sisir invites public comment
      121 3 THE SINGAPORE Institute of Standards and Industrial Research (Sisir) is inviting public comment on a draft specification and two draft amendments. The draft specification is for fire doors and the draft amendments are *****:1985 and *****:1979. Draft *****:1985 is about additional requirements for testing sleeved-pin plugs,
      121 words
    • Article
      Minimum sum scheme: CPF members buy $5m of annuity
      219 3 ABOUT 180 Central Provident Fund members covered under the minimum sum scheme have bought annuity amounting to more than $5 million as at the end of last year. This was out of the total number of 5,662 members eligible under the
      219 words
    • Article
      Engineering faculty out to woo more girls
      303 3 ENGINEERING requires brain power, not muscles, the vicedean of the National University of Singapore's engineering faculty told a group of junior college students recently. Associate Professor C C Hang's talk at Tampines Junior College, one of several lined up for pre-university students this
      303 words
    • Article, Illustration
      UK conference to discuss shortage
      612 3  -  A LOOK AT THE DEARTH OF WOMEN IN ENGINEERING By ANNA TEO THE DEARTH of women engineers in Singapore is one of the subjects of an ergonomics conference to be held next week in England. Dr Stanley Richardson, a senior teaching fellow at the Nanyang
      612 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      83 2 More Europe less money. Genoa Glasgow Gothenburg Graz Guernsey Hamburg Hanover Helsinki Heraklion Ibiza Istanbul Izmir Jersey Lamaca Las Pal mas Leipzig Leningrad Linz Lisbon London Lyon Madrid Malaga Malta Manchester Milan Moscow Munich Naples Nice Nuremberg Olbia Oporto Oslo Palmade Mallorca Paris Prague Reykjavik Rome Ronne Salzburg Sofia Stockholm
      83 words
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      Page 2 Advertisements Column 2
      60 2 ftock n ßo\/ Hear the sounds of the 60's featuring Manila's #1 Revival Band The Hi-Jacks Nightly performance Sunday to Thursday Bpm to lam Friday to Saturday 9pm to 2am NO COVER CHARGE r/i RESTAURANT Metro Paragon. 290 Orchard Road #03-02 Paragon Building. Singapore 0923. Tel *****38.*****49 Entrance through Bideford
      60 words
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  • Page 3 Advertisements
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      171 3 M V WW 'pf "O M/ O/G/> 9 A 9 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always
      171 words
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      Page 3 Advertisements Column 2
      281 3 Ask for Brother's brilliant Laser Printer This new second generation super-advanced Laser Printer puts all your present printers in the Brother's new HL-8 is faster, quieter and easier to use. It offers advanced price/performance features, plus a huge built-in 1 megabyte memory (optionally expandable with additional boards), compared to 512K
      281 words
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  • ASIA-PACIFIC
    • Article
      Lock icon China's inland states seek own strategies
      511 4 Delegates object to favouring coastal development AP OFFICIALS of China s inland provinces indicated on Tuesday they are scrambling for development strategies of their own now that the central government's emphasis is on building up the coastal areas. "If the coastal policies are only
      AP  -  511 words
    • Article
      Lock icon US, Korea to ensure safety for Olympics
      229 4 UPI GASTON SIGUR, US Assistant Secretary of State for East Asian and Pacific Affairs, said on Tuesday in Seoul that the US and South Korea would cooperate to ensure safety for the Seoul Summer Olympics to be staged from Sep 17 to Oct
      UPI  -  229 words
    • Article
      Lock icon Chinese to step up trade with Soviets and Eastern bloc nations
      174 4 AFP CHINA'S trade with the Soviet Union and its Eastern European allies will grow rapidly, thanks to a major decentralisation in its overseas commerce system, according to a top trade official in Beijing. The New China News Agency on
      AFP  -  174 words
    • Article
      Lock icon Japan asks US to prevent passage of protectionist bill
      195 4 AFP JAPAN has called on the US government to try and prevent the passage by Congress of an omnibus trade bill containing a provision which would limit the US President's authority on trade issues. Minister of International Trade and Industry Hajime
      AFP  -  195 words
    • Article
      Lock icon Tokyo business groups back indirect tax plan
      233 4 AFP JAPAN'S four major economic organisations on Tuesday endorsed in principle a controversial plan to introduce a new indirect tax as part of the country's fiscal reform. The plan was endorsed in principle on Tuesday by The Japan Federation of Economic Organisations (Keidanren),
      AFP  -  233 words
    • Article
      Lock icon Japanese want price clause dropped from chip accord
      222 4 AFP JAPAN'S Ministry of International Trade and Industry said in Tokyo on Tuesday that it was seeking to revise part of a semiconductor agreement with the US which violates General Agreement on Tariffs and Trade (Gatt) rules. Two ministry officials arrived in
      AFP  -  222 words
    • Article
      Lock icon New Philippine investment plan approved by Aquino
      159 4 AFP PHILIPPINE PRESIDENT Corazon Aquino has approved a new investment priorities plan which widens the areas benefiting from incentives to attract investors. The plan lists 277 investment areas entitled to fiscal incentives, an addition of 25, the official Philippine News Agency said in
      AFP  -  159 words
    • Article
      Lock icon Philippine economy grew 5.66 per cent last year
      93 4 AFP THE PHILIPPINE economy grew by 5.66 per cent in 1987, higher than the earlier estimate of 5.1 per cent, the National Economic and Development Authority (Neda) said in Manila yesterday. Neda, the government economic monitoring agency. said the gross national product
      AFP  -  93 words
    • Article, Illustration
      Lock icon Indonesia gets US$200m loan from World Bank
      189 4 AP THE WORLD BANK will lend Indonesia US$2OO million a year to help restructure its textile industry, an industrialist said yesterday H Chamroel Djafri, an executive of the Indonesian Textile Association, said the first loan, carrying a 15 per cent interest rate, should
      AP  -  189 words
    • Article
      Lock icon Taiwanese tourists boost sales of HK stores
      126 4 AFP SALES AT Hongkong department stores selling Chinese goods are booming amid an influx of Taiwanese tourists heading for the mainland to visit relatives, industry officials said yesterday. Tse Sung-wing, general manager of the Chinese Goods Centre. said sales soared 80 per cent
      AFP  -  126 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      866 4 ARRIVALS Operator Service Local From number time SU son 0040 LAX/NTT LUFT LH4514 0140 FtA/DXB MAA •C 1C555 0655 S1A SQ411 0800 BOM MAS MH640 0820 KUL HM MM60) 0900 SEZ MAS MH651 0910 PEN MAS MH607 0920 KUL AC AC888 0925 YYZ/LHR/BOM SU SQ103 0950 KUL
      866 words
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      Page 4 Advertisements Column 1
      215 4 •»> 3F- ,-a f libit The famous Hong Kong Lei Garden makes its impact in Singapore At Lei Garden, every dish tastes as delicious as it looks. It's always innovative and elegantly exciting, because we have so many fresh ideas in our recipes. Inspiring dishes such as Dian Xin, Fresh
      215 words
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      Page 4 Advertisements Column 2
      59 4 fI V \l Jf fI Y 1 The bosmess person's choice, every I I II I II I Tuesday. Thursday. SaturdOy ond I 1 w\ I 1 Sunday. Leaving Chongi Airport at X JL 22:05 hours and arriving at Lester B. Pearson International Airport the following day Call your Travel
      59 words
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  • REST OF THE WORLD
    • Article
      Lock icon American trade bill lacks agricultural teeth
      433 5 Reuter THE AGRICULTURAL section of the trade bill now being wrapped up in the US Congress has become a tiger declawed. Most protectionist provisions in the section have been eliminated and mandatory actions have been fitted with numerous escape valves that leave US agricultural
      Reuter  -  433 words
    • Article, Illustration
      Lock icon Gorbachev will go ahead with his reforms despite signs of panic
      451 5 Reuter .KREMLIN LEADER Mikhail Gorbachev, in a new defence of his reform drive, has said panic among some sectors of the population would not halt his attempt to achieve "a qualitative breakthrough" in Soviet life. Mr Gorbachev made his
      Reuter  -  451 words
    • Article
      Lock icon Forecasting groups expect slower British growth into next decade
      310 5 FT BRITAIN'S economy will continue to grow into the *****, but at a slower rate than in recent years and with a growing trade deficit, an average of the latest forecasts from 22 economic forecasting groups in the country suggests. Independent
      FT  -  310 words
    • Article
      Lock icon Bonn's January surplus bigger than December's
      327 5 AFP THE WEST GERMAN balance of payments surplus was 4.004 billion Deutsche marks (U552,413 billion) in January, according to figures released on Tuesday by the Bundesbank, the central bank. The January surplus was slightly larger than the December surplus, which was 3.981 billion marks
      AFP  -  327 words
    • Article
      Lock icon Dukakis beats Jackson in Wisconsin primary
      281 5 AFP MASSACHUSETTS Governor Michael Dukakis won the pivotal Wisconsin primary on Tuesday, slowing Jesse Jackson's bid for the Democratic presidential nomination, as Vice-Presi-dent George Bush further cemented an already assured Republican nomination. With 46 per cent of the state s precincts counted, Mr Dukakis
      AFP  -  281 words
    • Article
      Lock icon US considers seizing tax payments to Panama
      419 5 Economic sanctions have not created enough pressure AP THE US GOVERNMENT is considering whether to invoke a law authorising it to seize tax payments made by US businesses operating in Panama, national security adviser Colin Powell said. Saying that economic sanctions applied so
      AP  -  419 words
    • Article
      Lock icon 'Realistic' prospects for arms pact, says Kremlin
      177 5 Reuter KREMLIN LEADER Mikhail Gorbachev said on Tuesday there were realistic prospects for a superpower pact halving longrange nuclear arsenals, despite differences with the US. Soviet television reported. It said Mr Gorbachev had discussed the Geneva negotiations aimed at concluding a strategic arms
      Reuter  -  177 words
    • Article
      Lock icon Japanese real estate investment in US soars
      210 5 Bernama ES JAPANESE real estate investment in the US soared to a record US$l2.7 billion in 1987, Kenneth Leventhal and Co. a Los Angeles-based accounting company, said. The company told an international investment conference at the University of Southern California yesterday the increase
      Bernama ES  -  210 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      207 5 To stay competitive your company must increase productivity at least 10% a year. You won't meet that goal without a partner who knows your business. And that's where Unisys makes a difference. Our people have career experience in a wide range of businesses, from banking to manufacturing to communications. So
      207 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      170 5 V/S'Z w// Max/ Note Min (°C) 24/14 Fine 07/04 Cloudy 22/12 Cloudy 25/19 Cloudy 36/28 Sunny 21/13 Sunny 18/12 Clear 11/02 Cloudy 24/18 Cloudy 15/05 Cloudy 26/20 Rain 16/01 Cloudy 20/10 Clear 27/13 Clear —/-01 Cloudy 23/12 Showers 27/20 Cloudy 20/08 Cloudy 09/04 Cloudy 32/25 Storms 12-01 Cloudy 14/05 Clear
      170 words
    • Miscellaneous
      Page 5 Miscellaneous Column 2
      85 5 Doonesbury YOU KNOW, U/HENI FIRST CAME, 70 MIAMI, I HAS JUST ANOTHER FORMER NATIONAL GUARDSMAN DOWN ON HIS LUCK... HASTA LA VISTA, BUT NOW, AFTER EJ6HT YEARS OF FRBEPOM FIGHTING, TVE GOT A NICE RETIREMENT CONPOIN KEY BISCAYNE AND A *7MJUJON NBSTEG6 IN A CAYMAN BANK! V IS THIS A
      85 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Forex markets
      1092 6 Reuter Reuter SINGAPORE: The US dollar ended slightly lower yesterday against major currencies after moving within a narrow range in moderate, nervous trading. It ended at 125.00/10 yen against New York s 125.20/30 close, at 1.6685/95 marks against New York's 1.6695/6705 and at 1.3765/75 Swiss francs from 1.3770/80.
      Reuter  -  1,092 words
    • Article, Illustration
      World interest rates
      201 6 Indicate* the average of the prime lending rate* of 12 major banks In S'pore Interbank market rates (offer/bid) on April 6 us$ DM SWFC Yen 7 da r« 7 6 7/8 8 1/2 3/8 3 5/16 3/16 1 3/4 5/8 3 11/16 9/16 1 m» 7 6
      201 words
    • Article
      Simex
      396 6 JUNE Eurodollar opened unchanged on Simex yesterday from Chicago's close at 92.54 and did not budge at that level for the greater part of the session. June ended unchanged from the opening level after trading within a three-tick range. Currency futures opened lower from the previous close. However, with
      396 words
    • Article
      Lock icon IMM
      151 6 Reuter IMM currency futures ended the day lower on Tuesday and in the bottom half of daily ranges. Traders cited a growing perception that the Federal Reserve Board nudged Fed funds rates up to 6-3/4 per cent from 6-1/2 per cent to stem inflation and support the dollar. IMM
      Reuter  -  151 words
    • Article
      Comex gold/silver futures
      162 6 Gold futures on April 5 100 troy ounces; USS per troy ounce Opan High Low 454.30 455.50 452.00 453.40 3.30 May 452.00 452.00 452.00 454.00 -3.30 Jun 457.00 458.20 454.X 456.20 -3.30 Aug 461.60 462.60 459.30 460.70 -3.30 Oct 466.30 466.70 463.00 465 50 3 50 Doc
      162 words
    • Article
      Money markets
      59 6 THE OVERNIGHT rate on the Singapore interbank market closed point higher yesterday. The one and two-month rates were unchanged while threemonths rose 14 point. S$ Interbank rates at 12 noon yester day: 0»H MO Ov»rn*M 1 -month 2-month 3-month Ov •might 3 3/« 3 </• 3 1 3
      59 words
    • Article
      Government securities market
      81 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity WD Of F£R HJGH LOW 3 months 8Q*****E 07.7.88 2.99 2.94 2.98 2.95 6 months BY*****H 22.9.88 3.08 3.03 1 year BY*****Z 23.3.89 3.17 3.12 3.15 3.15 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's
      81 words
    • Article
      Options
      1447 6 CURRENCY FUTURES OPTIONS Wadnatdoy, April 6, 1988 OCUTSCHEMARK (SIMEX) Apr M c«M« Apr put* hh* LM s*« Htati LM m CAI 55 5* CAi CAI 57 CAI 58 234A 229 CA» 59 I33A 129 CAB 60 «8 42A 48 10* )2 61 3 3 3 708 74 62 CAB
      1,447 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      297 6 Ernst Whinney Consultants Pte Ltd Presents IMPROVING MANAGERIAL EFFECTIVENESS April 26 27,1988 Hilton Hotel WHY YOU SHOULD ATTEND It is often not how diligently you work that matters but rather how smartly you work that counts. The ability to achieve results through others is a skill that can be cultivated
      297 words
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      Page 6 Advertisements Column 2
      9 6 !li BANQUEINDOSUEZ 3 Shenton Way, Shenton House. Singapore 0106
      9 words
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  • BANKING AND FINANCES
    • Article
      Lock icon M'sian ATM network to go on line soon
      494 7 Member banks doing final user tests MBT ABOUT one million automated teller machine (ATM) cardholders of five banks will be able to access their accounts through 300 ATMs throughout Malaysia, including Sabah and Sarawak, when Malaysian Electronic Payment System (Meps) goes "live"
      MBT  -  494 words
    • Article
      Lock icon East West-Umi forecasts brighter performance
      209 7 Bernama ES CONGLOMERATE Sime Darby's insurance arm. East West-Umi Insurance Bhd, expects a 30 per cent increase in premium income to Ms2oo million for the second half of 1983 from Msl3o million in the previous corresponding period. East West-Umi Insurance chief executive Leow Siak Fah
      Bernama ES  -  209 words
    • Article
      Lock icon Nesa swamped with demands for withdrawals
      158 7 NST SYARIKAT Kerjasama Nesa Pelbagaiguna Bhd (Nesa), which had its assets frozen by Bank Negara on Monday, has been plagued with increasing demands for withdrawals following adverse reports in vernacular newspapers in Malaysia last month. Demands for withdrawal of specific deposits shot up from
      NST  -  158 words
    • Article, Illustration
      Lock icon ADB approves grant to help Malaysian fishing villages
      363 7 AFP THE ASIAN Development Bank (ADB) has approved a U*****,000 technical assistance grant for a study on improving conditions in 50 Malaysian coastal fishing villages, according to an ADB statement released on Monday. The study will assess 50 villages in a bid
      AFP  -  363 words
    • Article
      Lock icon India capitalises on rise in sterling to boost exports
      185 7 Reuter INDIA is capitalising on the pound sterling's rise by revising the rupee down against the British currency to help boost exports, foreign exchange dealers and exporters said. At the same time, the Reserve Bank of India, the central bank, has
      Reuter  -  185 words
    • Article
      Lock icon Fijian minister urges cut in rates
      90 7 Reuter FIJIAN Finance Minister Josevata Kamikamica has urged Fiji's commercial banks to cut interest rates further to help boost foreign investment and rejuvenate the economy, depressed after two military coups in the past year. "We are doing all we can to encourage investors to
      Reuter  -  90 words
    • Article
      Lock icon Royal Bank revamps London operations
      252 7 FT ROYAL BANK OF CANADA is to combine its London investment banking activities with those of Dominion Securities, a Canadian securities firm, in a move which will mean the end of Orion Royal Bank's activities. The former consortium bank, of which Royal assumed control in
      FT  -  252 words
    • Article
      Lock icon Egypt back in Arab financial institutions
      144 7 AFP ARAB FINANCE ministers meeting in Muscat have approved the reinstatement of Egypt in Arab financial institutions, the Omani press agency reported on Monday. It said the move was proposed by Oman's Deputy Prime Minister for Finance and Economy, Qais bin Abdul Munim Al
      AFP  -  144 words
    • Article
      Lock icon Asian dollar market
      233 7 Reuter ASIAN DOLLAR deposit rates closed little changed from opening levels yesterday, with trading quiet in the afternoon. Thereafter rates were unchanged. One month closed at seven 6-7/8 per cent, threes at 7-1/8 7 and sixes at 7-1/4 7-1/8 per cent. Short-dates were narrowly mixed in initial
      Reuter  -  233 words
    • Article
      Lock icon Rouble to be convertible in seven years: Soviet official
      104 7 AFP THE ROUBLE may be traded on foreign currency markets in seven to eight years, according to Soviet Deputy Finance Minister Vyacheslav Sengiakov Mr Sengiakov. in Rome for talks with industrialists, on Tuesday confirmed his government's intention to make the rouble
      AFP  -  104 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      93 7 FREEHOLD SHOPPING CENTRE (EN BLOC) FOR SALE BY TENDER A 4-storey shopping-cum-residential complex ideally located in the busy expatriate shopping area at Farrer Road/Bukit Timah Road. Nearby shopping centres include Serene Centre and Coronation Plaza. The total shop area is 16,483 sq. ft. with ample carpark lots in the basement.
      93 words
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      Page 7 Advertisements Column 2
      115 7 Pleasure before business ■I i h ET 1 1 ~5! Thai's Royal Executive Class While you're on your way to a business trip, we're there to prepare you. And we will go to extremes to serve our business travellers better. With our highly-acclaimed Royal Orchid Service, you can expect the
      115 words
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  • COMMODITIES
    • Article
      Lock icon Natural rubber prices soar to new peak
      501 8 Bernama ES THE NATURAL rubber (NR) market remained buoyant with prices soaring to a new peak as the strong demand continued to outstrip supply, according to the Malaysian Rubber Exchange and Licensing Board (MRELB). In the latest issue of the Rubber Market Review,
      Bernama ES  -  501 words
    • Article
      Lock icon Kramat Tin expects proven reserves to run out
      103 8 Bernama ES KRAMAT TIN DREDGING Bhd's proven reserves are expected to be exhausted by the third quarter of the current financial year, chairman Ibrahim Menudin said in his latest annual report. He said the dredge would be transferred to work on an
      Bernama ES  -  103 words
    • Article
      Lock icon World jute output down
      103 8 Reuter THE INTERNATIONAL Jute Organisation (IJO) has said that world jute output dropped 4.44 per cent to 2.93 million tonnes in the 1987/88 season following floods and drought in jutegrowing countries. However, in its latest review of the world jute situation, the Dhaka-based body has forecast
      Reuter  -  103 words
    • Article
      Lock icon Gold rush threatens Brazil's Indians
      198 8 Reuter GOLD PROSPECTORS pushing through Brazil's Amazon frontier lands are threatening with extinction the last primitive nation in the Americas, Indian rights activists in Sao Paulo said yesterday. Over the last few months, a gold rush has attracted about 10,000 garimpeiros, or gold panners, to
      Reuter  -  198 words
    • Article
      Lock icon China still top importer of M'sian rubber
      150 8 Bernama ES CHINA remained the biggest importer of Malaysian natural rubber in January in spite of a 43.4-per cent fall in its offtake to 13,036 tonnes from 23,023 tonnes the previous month. In its monthly market review, the Malaysian Rubber Exchange and Licensing
      Bernama ES  -  150 words
    • Article
      Lock icon Pertamina denies discounting price for Japanese
      143 8 AFP I INDONESIA'S state oil company Pertamina on Tuesday denied a press report that it has agreed to discount its crude-oil selling prices to Japan, the official Antara news agency said. Pertamina and its Japanese buyers concluded a new oneyear contract to supply oil
      AFP  -  143 words
    • Article
      Lock icon Americans take a shine to gold
      472 8 UPI IN SPITE OF a first-quarter US$35-an-ounce fall in the value of gold, Americans are changing their attitudes and purchasing habits towards the world's most popular precious metal. Kevin Cloud, manager of marketing and sales. Mint Division, Johnson Matthey Ltd North America, said in
      UPI  -  472 words
    • Article
      Lock icon Oil prices depressed by reports that Opec unlikely to meet
      263 8 UPI OIL PRICES dropped on world markets on Tuesday amid reports that the Organisation of Petroleum Exporting Countries' (Opec) five-member pricing panel will not call an emergency meeting of the full 13-nation cartel. Opec's price monitoring committee is scheduled to
      UPI  -  263 words
    • Article
      Precious Metals
      232 8 HONGKONG: Gold yesterday closed weaker at the day's low on growing liquidation of long positions. The metal ended at U*****.10/50 an ounce against New York's 452.25/75 Tuesday close and the 457.40/90 finish here last Thursday. On the local market gold shed HK$5l to close at HK54,212 a tael.
      232 words
    • Article
      Lock icon KL Tin
      167 8 Reuter THE PRICE of tin on the KLTM rose another five cents from Tuesday to close at M 517.45 a kg yesterday despite lower European prices. Trading activity slackened with only 47 tonnes transacted at the close against 77 on Tuesday. Dealers saw some renewed European covering although
      Reuter  -  167 words
    • Article
      Lock icon Soybean
      104 8 Reuter SOYBEAN FUTURES recovered on Tuesday on the Chicago Board of Trade from a mixed midsession tone to close 2.0 to 6-1/2 cents higher. May gained 2.0 cents to settle at US$6.7O-3/4 a bushel. A late rally in wheat futures encouraged shortcovering on the close. Prices opened lower in
      Reuter  -  104 words
    • Article
      Lock icon Wheat
      106 8 Reuter WHEAT FUTURES soared late in trading on Tuesday on the Chicago Board of Trade on heavy computer fund buying, then eased from those highs to close 6-1/4 to 8-3/4 cents higher, traders said. May was up 6-1/4 cents at US$3 06-1/2 a bushel. Computer fund trader C and
      Reuter  -  106 words
    • Article
      Lock icon Rubber
      606 8 Reuter SINGAPORE The rubber market closed higher yesterday with May 1 RSS buyers quoted at 231.75 cents/kilo, up 1.75 cents from Tuesday's close. Prices were firmer initially after higher Tokyo advices and continued to rise towards midday on trade short-covering and a reserve of sellers but trading was thin.
      Reuter  -  606 words
    • Article
      London Markets
      306 8 London Commodity Exchange Buyer/Seller dosing prices on April 5 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London Mar 1111/1112 (1 103/1 104) High/low 1117/1111 Moy 1135/1137 (1128/1129) High/Low 1141/1135 Sales (2335) Cocoa Mar 885/886 (907/908) High/Low 900/882 May 901/902 (919/921)
      306 words
    • Article
      Lock icon Cuba optimistic about its sugar harvest
      125 8 Reuter CUBA'S five-month-old 1987-88 sugar harvest boomed in March, the official Communist Party newspaper Granma reported in Havana on Tuesday. It said that by month's end the island nation's sugar mills were working at 87 per cent of capacity, one point higher than the
      Reuter  -  125 words
    • Article
      Lock icon Palm Oil
      400 8 Bernama ES Reuter Sti E sl, 9 ht| y easier yesterday in quiet trading on the KLCE. Dealers said the market continued to be depressed due to lack of encouraging leads and quiet cash market. Spot month April was downMsB to M 5922 a tonne, May eased Ms
      Bernama ES; Reuter  -  400 words
    • Article
      Produce Prices
      238 8 Chinese Produce Exchange Sellers' noon doting prices on April 6 (SS/tOO kg) Coconut oil Bulk FOB 103.00 OW drum FOB 117.00 New drum FOB 113.00 Copra Mixed (loose) 59 sellers Pepper Murrtok white FOB NIW 1105.00 Sarawak white FOB foq NIW 1090.00 Sarawak special black FOB NIW 807.50
      238 words
    • Article
      Oil and Products
      48 8 Tort dox prtviovi day Products (FOB S'pore) USS bo'rd Otang* Ktrount 20 40 -0 15 Gosoil 20 80 LOW Sulphur wo«r LSWB 14.70 untfi Noptoho 16 15 -0.15 USS/tam* Otong* fv* oil 77.00 un«*i A* print 1900 S' Por» «m» «Kc*p4 WTI. Source: Petroleum Argus
      48 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      83 8 Yesterday's platinum prices were not available Japanese Restaurant Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16+
      83 words
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  • FOCUS
    • Article, Illustration
      Services trade: think in terms of wine and cloth
      987 9 The rich countries want Gatt to free the international trade in services, while those among the poorest are against the move. The following Economist article suggests how the pursuit of comparative advantage could come to the rescue. The second article discusses
      987 words
    • Article, Illustration
      Lock icon Loosening harnesses to achieve better harvests
      818 9 FT TEMPERS ROSE perceptibly recently in talks in Geneva on the reform of world agricultural trade when the US and non-aligned agricultural exporters gave short shrift to proposals from Japan and the European Community. After spending a year marking out the ground and taking
      FT  -  818 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      246 9 Corporate Electronic Banking. Hexagon. Centralise the finances of your subsidiaries, instantly. i x 1 5-' i tij ••-'X Corporate Electronic Banking 3 v* the system. You may re-designate both access power and signing authority whenever the need arises. Decentralising management control has its problems. Problems that arise because your subsidiaries
      246 words
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  • PERSPECTIVE
    • Article
      Of smoke and air
      563 10 LIKE ALL DAYS dedicated to a special cause, the meaning of No Smoking Day lies in its value as psychological warfare. The day will bring home to smokers their isolation from other people; to be seen with a cigarette in hand on the day will be
      563 words
    • Article, Illustration
      Three women who dared to strike out
      1539 10  -  More women in America and Britain are becoming their own bosses. Some are striking out into new areas such as electronics and computers. Singapore's women are following suit. BOEY KIT YIN profiles three successful women entrepreneurs and finds that they have some things
      1,539 words
    • Article, Illustration
      Lock icon 'Tis a good brew from the witch-doctor 'Tis a good brew from the witch-doctor
      1003 11 Taking medicine back to its roots The Economist WHEN DIABETICS in the Philippines ran out of insulin in World War 11, they turned to the rosy periwinkle, a pretty little flower from Madagascar The concoction they
      The Economist  -  1,003 words
    • Article
      Lock icon City of the future
      929 11  -  What the Japanese now want to master, is the ability to think creatively, to innovate, to make conceptual leaps, because they realise that this is the key to the tuture By MICHAEL RICHARDSON IHT AS AUSTRALIA debates the costs and benefits of closer ties to Asia,
      IHT  -  929 words
    • Article, Illustration
      Lock icon Trade unions clamour for change
      948 11  -  Recent weeks have seen a rash of industrial disputes in Western Europe. Gunter Kopke, director of the Brussels-based European Trade Union Institute, the international research and advisory arm of the European trade union movement, speaks to REGINALD DALE, the IHT's economics correspondent. REGINALD DALE IHT
      IHT  -  948 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      78 10 'rawing I \< i i j 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 Lee Huang, ext.239 Chia
      78 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      682 10 CRYPTIC PUZZLE ACROSS 1 Enumerates noblemen (6) 7 As hit by the leading twenty? (3. 5) 8 Facts an attorney volunteers' (4) 10 Gem of a creature (6) 11 Face a little girl and a wise man (6) 14 Knowing how to travel fast? (3) 16 One galloping to free
      682 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1229 11 TOiffißaiDK) a 12 PM Opening and Programme Highlights followed by Lingo. 25th Anniversary Special The First Eden: The Mediterranean World And Man The Making Of The Garden (See highlights). Coming Attrations. Home To Roost Getting On (Last episode). When Harry develops hearing and vision difficulties, Matthew becomes convinced that his
      1,229 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Shepard play promises incest, tragedy and high drama
      441 12  -  THEATRE By CHARLES SAVAGE A SAM SHEPARD PLAY that weaves an intriguing web of incest, Greek tragedy, and high drama is one of the stage highlights of this year's Singapore Festival of Arts in June. The play. Fool for Love. which is
      441 words
    • Article
      Lock icon Star forward powers Maccabi to finals
      244 12 AP MACCABI TEL AVIV, driven on by US forward Kevin Magee. upset Partizan Belgrade 87-82 (4344) to enter the final of the European Champions Basketball Tournament on Tuesday in Ghent, Belgium. In today's finals, Tel Aviv will meet the winner of the semi-final between
      AP  -  244 words
    • Article, Illustration
      Lock icon A Scotsman dreams of glory at Augusta
      742 13 UPI THE LARGEST CROWD at the Augusta National Golf Club in Georgia on Tuesday was not reserved for American herpes Jack Nicklaus, Tom Watson or Arnold Palmer. Symbolising what has become of golf, the foursome drawing the biggest gallery for the next-to-last Masters
      UPI  -  742 words
    • Article
      Lock icon Unseeded player earns match against Navratilova
      380 13 AP UNSEEDED Terry Phelps advanced on Tuesday to the second round where she will take on top-seed Martina Navratilova in the US$3OO,OOO Family Circle Magazine women's tennis tournament in South Carolina. The American defeated Zimbabwe's Dianne "Dinky" van Rensburg 6-2, 6-1 in continued first-round
      AP  -  380 words
    • Article
      Lock icon Rising star stumbles in Chicago
      88 13 UPI JOHN ROSS defeated highlytouted 16-year-old Michael Chang, 5-7, 6-4, 6-1 on Tuesday to advance to the second round of a U*****,000 tennis tournament in Chicago. Chang held service to open the third set, but Ross, a 24-year-old from Florida, broke service three times in
      UPI  -  88 words
    • Article
      Time for a new formula
      645 13  -  Jranklif speaking.... CHARLES SAVAGE SLIP a Honda Formula One turbo engine into a good racing body. Add a topclass driver. And watch the feisty little number whip around the circuit to take the chequered flag. That has been the formula for success in recent years
      645 words
    • Article
      Lock icon Intriguing Indy-car season ahead
      282 13 AP NEW CHASSIS, new engines and plenty of established drivers signal a hot 1988 season for the Cart-PPG Indy-car series Two-time defending series champion Bobby Rahal heads the entry list for this weekend's season-opening Checker 200 at the Phoenix International Raceway in Arizona. "It was a
      AP  -  282 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      207 12 4 CQURyoisiER xo~Where to eat, drink... The Szechuan Experience with the Meisan Difference Saw>tir the finest Szechu.in cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art of true enjoyment. P MEISAN At rhe Meisan. 18/HJ szechuan uestauhavt Durrm r*W> S jpi hujn /nsimctwrf*
      207 words
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      Page 12 Advertisements Column 2
      171 12 BARBEQUE <N' FASHION SHOW a double pleasure, by the POOLSIDE, food served 7pm 10pm showtime 8.15pm, every Thursday and Friday. Select from a variety of: salads and dressing, vegetables, meat, seafood and desserts. Not forgetting choice of coffee or tea. $1650++ per adult $10.00 per child under 12 years W
      171 words
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      Page 12 Advertisements Column 3
      217 12 FASHIONABLY HYATT Join the fashion-conscious every Thursday(3.oo -6.00 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 per person. SJ-JJR fj. IK
      217 words
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      Page 12 Advertisements Column 4
      283 12 t 3 "o 3 m JfeL Right now when you order any three I S beef entrees, the fourth is free. 7""^. hi' When the beef is from cattle fed solely on quality grains and corn, your steaks can t be anything but prime y~v cx J? And stay around
      283 words
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      Page 12 Advertisements Column 5
      190 12 'A m A feast fit for Gmk Gods It s the most inviting spread of exotic Greek favourites this side of Athens. With Midya Dolmasi (mussels), Shish Kebab, Oktapothi Krasato (cuttlefish in red wine), Galato Boureko (custard pie), Baklava and more! Even if it 's all Greek, at $31 for
      190 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      425 13 *;:|$^^~&|"$:(@;&])?<>=/`=()"&' übertus (£)rtll fill Roast Duckling for Two just for you. At only $22.50 per person. Our special for April is Roast Duckling for Two. carved ith an hand at your table side, served with a rich Plum Sauce. Young Ginger. Buttered Brussel Sprouts Young Corn and Dauphinoise Potatoes Complement
      425 words
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      Page 13 Advertisements Column 2
      162 13 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN (XX 'RSKS. W For between $26+ and $40+ rp you can select from our appetiser VJIXILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses. And finish
      162 words
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      Page 13 Advertisements Column 3
      373 13 THE STROKES Compiled for right-handed players Left-handed players please reverse instructions BACKHAND The backhand is the stroke used to hit the ball at the left side of your body tt is hit after the ball has bounced once 2. Ready position. Use same as for forehand 1. Grip Eastern. Hold
      373 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Market gains ground in fairly quiet trading
      4758 14 SHARE PRICES rose from the outset yesterday, with sentiment boosted by Wall Street's 17-point rise overnight and a rally on the Tokyo stock market. Profit-taking, which set in in the last hour, was well absorbed. However, trading was fairly quiet and featureless, with
      4,758 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon A chance for Teck Hock?
      637 15 mm... By HOCK LOCK SIEW AFTER several court appearances and countless meetings with creditor bankers, lawyers and financial advisers, Teck Hock is still no closer to a solution on its multi-million debt than it was a year ago when a rescue plan was first announced.
      By HOCK LOCK SIEW  -  637 words
    • Article
      Lock icon Cold Storage (M)'s increased earnings below forecast
      318 15 MBT COLD STORAGE (Malaysia) has reported a group pre-tax profit of M 55.33 million for the financial year ended Jan 31. 1988 a shortfall of Ms 2 million from the forecast set out in its rights issue prospectus on July 31, 1987. However,
      MBT  -  318 words
    • Article
      Lock icon MPHB signs M$100m loan accord with nine institutions
      225 15 MBT MULTI-PURPOSE Holdings (MPHB) yesterday signed an agreement for a Msloo- syndicated term loan with nine financial institutions paving the way for the group's longawaited rescue plans. The raising of the loan, according to Bumiputra Merchant Bankers, the lead manager and agent
      MBT  -  225 words
    • Article
      Lock icon High & Low buys two plantation companies
      161 15 High Low buys two plantation companies MBT HIGHLANDS LOWLANDS has entered into two agreements with Kaline Holdings to take over the latter's holdings of the entire equity of Hatawa Plantation and K&K Plantation for MJ1.72 million and M 51.06 million respectively. This represents the purchase of 8.88 million shares in
      MBT  -  161 words
    • Article
      Business done on the SES
      3371 15 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,371 words
    • Article, Illustration
      Sally Aw Sian tipped to become TVB shareholder
      345 15 THERE IS speculation in Hongkong that Sally Aw Sian, head of listed Sing Tao publishers, is likely to emerge as a shareholder of Hongkong's highly profitable television station, TVB. The South China Morning Post reported that Ms Aw was currently tipped to
      345 words
    • Article
      Shangri-La Hotel turns in 19pc rise in group profits
      589 15  -  By ROSIE TAN SHANGRI-LA HOTEL LTD. one of Singapore's top hotels, has late but good news for its shareholders. The group has announced a 19.2 per cent improvement in af-ter-tax profits to $14.35 million for 1987. four days after the official
      589 words
    • Article, Illustration
      Isetan (Singapore) submits strong bid for Riverwalk Galleria shop
      517 15  -  By LISA LEE RETAIL GIANT Isetan (Singapore) looks set to make its second big property purchase in Singapore after having submitted the bid most likely to win the tender for the Riverwalk Galleria shopping podium. Banking sources say the listed Japanese
      517 words
    • Article
      COMPANY MEETINGS
      229 15 BRITISH-AMERICAN TOBACCO COMPANY (SINGAPORE) Limited: 45th AGM at 57 Senoko Drive, Singapore, tomorrow. April 8, at 11 30am. KAMUNTING TIN DREDGING (MALAYSIA) Berhad: EGM at Shangri-La Hotel. No. 11, Jalan Sultan Ismail, ***** Kuala Lumpur, tomorrow, April 8, at 10 30am CHEMICAL COMPANY (MALAYSIA) Berhad: AGM at Johore
      229 words
    • Article
      Unit trusts
      274 15 Managers' prices for April 7 Singapore Unit Trust The Commerce 093 099 The Savings fund 079 0&5* S pore Prog fund 0 37 041 S pore Sec Fund 063 068 S pore Invest fund 067 072 S pore Equity fund 045 049 Asia Unit Trust Mol Invest fund
      274 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      84 15 tth i i( n. Eastern Ist Grand Auction Sunday, 10 April 1988 at 2pm Jurong Room, Shangri-La Hotel Orange Grove Road 120 hand-woven carpets and rugs from Persia Pakistan and Afghanistan have been personally selected by Edmund and Shukor for auction. And during the viewing period there's a unique opportunity
      84 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Dragonair to start service to Kagoshima
      149 16 UPI DRAGONAIR, a Hongkongbased regional air carrier, said on Tuesday it will inaugurate a twice-weekly regular non-stop service to Kagoshima on the southern tip of Japan on May 2. Japan's Transport Ministry is expected to approve the new service within a lew weeks, Dr
      UPI  -  149 words
    • Article
      Lock icon Bridgestone's US$2.6b bid may boost greenback
      127 16 Reuter A JAPANESE tyre company's bid to buy a US company could support the dollar, according to foreign exchange analysts. Bridgestone Corp, the Japanese tyre company, is likely to convert US$2.6 billion worth of yen cash and corporate paper into dollars in its impending
      Reuter  -  127 words
    • Article
      KL prices close higher
      2831 16 THANKS to a stronger US dollar and an overnight 17point jump in Wall Street, the Kuala Lumpur stock market finished higher yesterday in selectively quiet trading on bargain hunting and short-covering. Small investors continued to focus their attention on second and third liners Some interest was
      2,831 words
    • Article
      Lock icon Tokyo
      455 16 Reuter SHARE PRICES on the Tokyo market closed higher yesterday in robust trade following an overnight rebound on Wall Street and a firmer dollar, with market confidence boosted and again supporting large capital issues. brokers said. "The dollar and Wall Street have been obstacles," said Mr Hiroyuki Wada. general
      Reuter  -  455 words
    • Article
      Lock icon Sydney
      414 16 Reuter AUSTRALIAN SHARES closed lower yesterday after lacklustre trading on one of the lowest daily turnover levels since the October share market crash, brokers said. "The market was still suffering from post-Easter malaise and was very dull," one said. "The main feature of the market was the neartotal absence
      Reuter  -  414 words
    • Article
      Taipei
      279 16 AM M WT All Sincara Indus ..2 99 -0 06 Awa Cement 76 00 t Cathay Con* 80 00 uncti Chang Hwa Bank ***** -1 Chang Loong 6400 -0 5 Chia Main Cement 80 00 uncti Chin Main Flour 21 30 04 China Cham 35 00 *06 China Oav
      279 words
    • Article
      Manila
      78 16 AMI M PESOS 1Acoja Mining Anglo PtWI 0013 0 002 A pen Mining B 003 uncti Atlas Con B 24 uncfi Baguio Gold Basic Petroleum 0016 0 001 Bengoet Con B 80 9 First PtiH Hldgs uncfi Lepanto 8 049 002 Marcoppar 090 0 36 Marstee Oriental B 0039
      78 words
    • Article
      Lock icon Fujita and US firm set up joint venture
      109 16 AP FUJITA CORP, a major Japanese construction firm, has launched an equallyowned joint venture with a US design engineering firm. Fujita's link-up with Daniel, Mann, Johnson and Mendenhall, based in Los Angeles, is the first such construction joint venture by Japanese and
      AP  -  109 words
    • Article
      Stocks close firmer
      1465 16 Hongkong SHARE PRICES on the Hongkong market closed firmer yesterday supported by a late round of buying by foreign and local institutions, brokers said. The Hang Seng Index rose 12.59 points to 2.556.56 and the broaderbased Hong Kong Index gained nine to 1,678.99. Brokers said trading was
      1,465 words
    • Article
      Seoul
      131 16 APR 06 WON Cheil Sugar ***** -100 Daelim Ind ***** Daewoo Corp ***** 100 Daewoo Heavy ***** -500 Daishtn Securities ***** -600 Dong Ah Ptiar ***** 300 Dong Suh Slock ***** uncft Oongbu Steel 2S800 -700 200 Gold Star ***** Hanrl Bank ***** -150 Hanil Cement ***** unch Hanfcuk
      131 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      367 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PIN-AN TRADING PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company duly convened and held at 100 Beach Rd #21-08 Shaw Towers. Singapore 0718 on the 30th day
      367 words
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      Page 16 Advertisements Column 2
      324 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND HI LITE INDUSTRIES PTE LTD At an Extraordinary General Meeting of the Company held on Thursday, 31 March 1988, the following resolutions were passed: SPECIAL RESOLUTION WINDING UP That Hl-Llte Industries Pte Ltd be wound up voluntarily pursuant to Section
      324 words
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      Page 16 Advertisements Column 3
      310 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF ASSOCIATED COMPUTERS PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of Associated Computers Pte Ltd duly convened and held at 10 Collyer Quay #21-01, Ocean Building, Singapore
      310 words
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      Page 16 Advertisements Column 4
      347 16 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND ROC HEM SINGAPORE PTE LTD At an Extraordinary General Meeting of the Company held on Wednesday. 30 March 1988 at 60 Martin Road. Block B. #01-05 A. Singapore 0923 the following resolutions were passed: SPECIAL RESOLUTION WINDING-UP That Rochem Singapore
      347 words
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      Page 16 Advertisements Column 5
      6 16 Managers must manage. BT every Monday
      6 words
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  • WORLD MARKETS
    • Article
      Lock icon Strong gain from late rally
      1042 17 New York Reuter WALL STREET ended a volatile session on Tuesday with a strong gam from a late rally. An advance in the dollar, a relatively stable bond market and some late afternoon program buying provided the support, but failed to eradicate the concern that
      Reuter  -  1,042 words
    • Article
      Lock icon Stocks open higher
      1001 17 London Reuter AFP SHARE PRICES on the London market opened higher yesterday after an early mark-up prompted by Wall Street's overnight late rally and assisted by sympathetic gains in Tokyo, dealers said. At the 0800 GMT official opening, the Footsie 100-share index was 11.1 higher at 1,748.7
      Reuter; AFP  -  1,001 words
    • Article
      Untitled
      1063 17 Selected indices HONGKONG Hongkong Index Wednesday 1.678.99 Tuesday Closed Week ogo 1.***** Hang Seng Index Wednesday 2.556 56 T uesdoy Closed Week ogo 2.***** All Industrials Wednesdoy 2.2640 Tuesday 2.326 8 Week ogo 2.266 5 NEW YORK Dow Jones Tuesday 1.997 51 Monday Closed Week ogo 1998 34 TOKYO Nikkei
      1,063 words
    • Article
      Lock icon ASE chief warns of a new Crash
      177 17 AP THE LACK of progress towards substantially cutting the US budget deficit and reforming government market regulation threatens to cause another stock crash, the chairman of the American Stock Exchange said. "The conditions that created the atmosphere in which a market meltdown nearly
      AP  -  177 words
    • Article
      Lock icon Royal Nepal's earnings
      58 17 UPI STATE-OWNED Royal Nepal Airlines made an interim profit of US$25 million for the current fiscal year which started in mid-June 1987, the company said on Tuesday. An official announcement said during the six months, the airline carried 125.961 passengers and 2,206 tons of cargo on its
      UPI  -  58 words
    • Article
      Lock icon Campeau likely to sell off half of Federated
      436 17 Move will help Canadian investor pay for takeover Reuter CANADIAN business executive Robert Campeau. the victor in the battle for Federated Department Stores Inc, said in New York on Tuesday that he expected to sell off half of the US retail company
      Reuter  -  436 words
    • Article
      Lock icon Some lay-offs of Federated staff likely
      180 17 AFP ROBERT CAMPEAU, the Canadian investor who ended a 10week bidding war as the victor in the US$6.6 billion takeover battle for Federated Department Stores, said in New York on Tuesday that it might be necessary to cut jobs or close some stores in
      AFP  -  180 words
    • Article
      Lock icon Calmat takes steps to discourage suitor
      439 17 NYT IN A RESTRUCTURING to avert a takeover by a New Zealand investment firm, the Calmat Co said in Los Angeles on Tuesday that it intended to sell its cement and real estate operations and distribute the estimated US$BOO million in proceeds to shareholders.
      NYT  -  439 words
    • Article
      Lock icon General Electric holds merger talks with Roper Corp
      140 17 Reuter GENERAL ELECTRIC Co. which is currently tendering for all shares of Roper Corp at US$54 each, is actively engaged in talks with Roper on the negotiated acquisition of Roper. GE has proposed that Roper enter into a merger agreement providing for
      Reuter  -  140 words
    • Article
      Lock icon New York Stock Exchange proposes rule to curb 'front-running'
      466 17 NYT THE NEW YORK Stock Exchange on Tuesday proposed a rule aimed at curtailing front-running, a form of trading between the exchange and futures markets. The practice, which involves trading on futures contracts with the knowledge of a related order placed
      NYT  -  466 words
    • Article
      Lock icon KIO receives enough offers of shares to guarantee it 50pc of Ebro
      290 17 FT THE KUWAIT Investment Office (KIO), whose Spanish paper subsidiary. Torres Hostench, is embroiled in a hostile 24-billion peseta (U*****.2 million) bid for the country's biggest sugar refiner, Ebro, has already received enough offers of shares to guarantee
      FT  -  290 words
    • Article
      Lock icon Robert Maxwell plans to enter West German market
      172 17 Reuter ROBERT MAXWELL, chairman of Maxwell Communication Corp of the UK. plans to move into the West German market soon and will hold exploratory talks with the Federal Cartel Office in West Berlin this week Mr Maxwell told the financial daily Handelsblatt
      Reuter  -  172 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      113 17 SINGAPORE AIRLINES LIMITED (Incorporated in the Republic of &n^pore> LOST SHARE CERTIFICATES The undermentioned share certificate! have been reported lost mislaid or destroyed Certificate Not. In the Nam* of Mo. of Shwe* D *****74 DBS Nominees (Ptet Ltd 1 000 C *****45 DBS Nominees (Ptel Ltd 000 D *****57 DBS
      113 words
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  • Article
    Lock icon Japanese investment in Malaysia trebles
    381 18 Trend expected to continue, says Tokyo envoy Bernama JAPANESE INVESTMENT in Malaysia increased three-fold last year compared with 1986, and the trend is expected to continue, the Japanese ambassador to Malaysia said yesterday. Mr Noboru Nakahira said Japanese investment in the country last year totalled
    Bernama  -  381 words
  • Article
    Lock icon 'Embassy's price for Tokyo plot too high'
    266 18 Reuter THE TOKYO CITY government has told the Australian embassy that its asking price for a plot of prime real estate in the Japanese capital is too high. Skyrocketing land prices in Tokyo are a hot political question with average Japanese no longer
    Reuter  -  266 words
  • Article
    Lock icon Hawke's popularity hits lowest level, poll shows
    135 18 Reuter 808 HAWKE's popularity has fallen to its lowest level since he became Australian Prime Minister in 1983, a poll has indicated. The national poll, published in the Bulletin Weekly magazine on Wednesday, found only 44 per cent of those questioned thought Mr
    Reuter  -  135 words
  • Article
    Lock icon UK wants copyright treaty with Malaysia
    169 18 AFP BRITAIN has requested a bilateral copyright treaty with Malaysia, according to Malaysian Foreign Minister Abu Hassan Omar. Mr Hassan said in Kuala Lumpur yesterday that visiting British Foreign Secretary Sir Geoffrey Howe made the request during a 75-minute discussion with him. He said
    AFP  -  169 words
  • Article
    Lock icon Fraud office takes over Guinness case
    133 18 AP LONDON'S Serious Fraud Office, the government's new weapon against bigtime fraud, is to take over the investigation into and the prosecutions in the Guinness PLC scandal. The Guinness case previously was being investigated by Department of Trade and Industry investigators and by Scotland
    AP  -  133 words
  • Article
    Smoking laws may become stricter: Yeo Cheow Tong
    162 18 STRONGER LAWS and regulations on smoking and the sale of cigarettes are being considered by the government. Among other things, cigarettes as gifts at places such as restaurants and discotheques would be made illegal. Acting Health Minister Yeo Cheow Tong said. He
    162 words
  • Article
    Lock icon 'European chips deal may be in jeopardy'
    136 18 Reuter THE FUTURE of a USS2.S billion European project to develop and make semiconductors might be in jeopardy because of a dispute over company participation. said the vice-president of SGSThomson Microelectronics. Mr Philippe Geyres was concerned that West German and Dutch electronics groups
    Reuter  -  136 words
  • Article
    Lock icon Mida: No PR status for top expats in foreign firms
    194 18 Bernama THE MALAYSIAN Industrial Development Authority (Mida) director in Johor Baru, Mr Shamsuddin Majid, yesterday denied a press report which quoted him as saying that top officials of foreign manufacturing firms investing US$5OO,OOO or more in the country will be
    Bernama  -  194 words
  • Article
    Lock icon PSA pilots likely to get approval from Johor port
    378 18 MBT THE Johore Port Authority is expected to be able to authorise pilots licensed by the Port of Singapore Authority (PSA) to operate within its pilotage district. The Malaysian Transport Ministry will table the necessary amendments to the Port Authorities Act
    MBT  -  378 words
  • Article
    Lock icon Malaysia supports Indonesia's peace plan for Cambodia
    208 18 Reuter AP MALAYSIA backs Indonesia's efforts to set up talks with all parties involved in the Cambodian conflict, Indonesian Foreign Minister Ali Alatas said yesterday. Mr Alatas, who took office two weeks ago and is on a tour of South-east Asian nations, discussed
    Reuter; AP  -  208 words
  • Article
    Lock icon 'Forex services of KL banks poor'
    88 18 Bernama ES MALAYSIAN BANKS are "hopelessly" inadequate when it comes to providing foreign exchange services to tourists, the Malaysian Association of Tour and Travel Agents said in its latest issue of Suara Matt a It said as a result, foreign tourists had been accorded
    Bernama ES  -  88 words
  • Article
    Lock icon Comex gold and silver
    94 18 Reuter GOLD FUTURES fell yesterday on liquidation by speculators frustrated at the market s inability to recover from profit-taking setbacks. In nervous morning dealings, spot gold lost US$3.4O at U*****.00 an ounce which slightly violated technical support at U*****.00. Floor brokers said the spike down in
    Reuter  -  94 words
  • LATE FILE
    • Article
      Lock icon US-Hongkong trade
      47 18 Reuter THE US trade deficit with Hongkong edged up by less than one per cent to US$6.5 billion in 1967, the third consecutive annual slowing of the deficit's growth. Bilateral trade last year totalled U5514.47 billion, almost 16 per cent above the 1966 figure. Reuter
      Reuter  -  47 words
    • Article
      Lock icon More migrant intake
      29 18 Reuter AUSTRALIA yesterday announced an increase by 12,000 to a total of 132,000 in its migrant intake for the 12 months to the end of June.
      Reuter  -  29 words
    • Article
      Lock icon Call for housing bank
      35 18 AFP SRI LANKAN Prime Minister Ranasinghe Premadasa yesterday called for the creation of a global bank to finance housing projects. He also suggested an international system to accelerate building projects. AFP
      AFP  -  35 words
    • Article
      Lock icon Asean-Canada meeting
      39 18 Bernama THE private sector will for the first time participate in the Fifth Asean-Canada Joint Cooperation Committee meeting in Ottawa beginning today, Canadian Secretary of State for External Affairs Joe Clark said in Kuala Lumpur yesterday. Bernama
      Bernama  -  39 words
    • Article
      Lock icon No way, Gringo: Cory
      35 18 AP PHILIPPINE fugitive leader Lt Col Gregorio "Gringo" Honasan vowed new attacks against the government, but President Corazon Aquino said yesterday that the mutineers lacked enough support to oust her. AP
      AP  -  35 words
    • Article
      Lock icon Fire at Harrods
      54 18 UPI FIREBOMBS touched off minor fires in two major London department stores yesterday, making the third such incendiary incident in 24 hours, but nobody was injured and damage was minor, police said. Neither Selfridges in Oxford Street nor Harrods in Knightsbridge were open for business when the
      UPI  -  54 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      248 18 M 4iW ■W-l **fe •'§p®Q HH Vvi' v \f Si m V M H \Y< <',v} r M«. IU V v r I* r .C > PATEK PHILIPPE GENEVE 6 Scotts Road 01-16 Scotts Singapore 0922 Tel. 737 3708 FOREIGN EXCHANGE RISK MANAGEMENT Wednesday Thursday, 27th 28th April 1988 Hilton
      248 words
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      Page 18 Advertisements Column 2
      8 18 How* visiting Singapore, Pag* 2 Leader, Page 10
      8 words
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      Page 18 Advertisements Column 3
      313 18 Bored By Budget Seminars? Win' not wait for our TRANSFER PRICING SEMINAR 16 April 1988.9 am —12 pm Hyatt Regency Hotel. Singapore. The real issue in tax at the moment is Transfer Pricing so why not wait for our seminar and hear Deloris Wright, one of the leading authorities from
      313 words
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  • SHIPPING TIMES
    • Article
      Lock icon Japanese fleet size for trans-Pacific
      138 19 Seatrade Week THE JAPANESE Ministry of Transport has estimated that the appropriate size of the Japanese liner fleet on the transPacific would be one giving an annual eastbound capability of 960,000 TEUs in 1992, to be operated by two or three groups of lines. A
      Seatrade Week  -  138 words
    • Article
      Rates for lease of 20-ft box breach US$2 mark
      336 19  -  By JUNE LIM AFTER STEADILY gaining for the whole of last year, rates per day for the short-term lease of a 20-ft container have breached the US$2 mark. The rates charge today are almost double those of early 1987 and are
      336 words
    • Article
      Compromise expected over use of crane service at Bangkok
      472 19 THE PORT Authority of Thailand and shipping lines are expected to reach a compromise to end their dispute over the use of mobile cranes at Bangkok Port, a shipping source told the Bangkok Post. The source said the compromise called for
      472 words
    • PORTSIDES
      • Article
        Lock icon Drop in shipbuilding permits
        98 19 Reuter THE JAPANESE Transport Ministry said it issued shipbuilding permits in March for eight ships totalling 261,550 gross registered tonnes (grt), down from 15 ships totalling 371,748 grt in February. This compares with permits for 10 ships of 435,953 grt a year earlier. Permits issued in
        Reuter  -  98 words
      • Article
        Lock icon Conference cuts bunker surcharge
        46 19 Reuter THE BRAZIL/Europe/Brazil Freight Conference will cut its bunker surcharge to 15 per cent from 17 per cent from all ports in the UK/Eire range to Brazil from the departure of the vessel La Fayette on April 23, the conference said. Reuter
        Reuter  -  46 words
      • Article
        Lock icon Japanese unions threaten strike
        101 19 Reuter JAPANESE dockworkers' unions are threatening an indefinite strike at six major Japanese ports from April 13 after labour and management negotiators failed to reach agreement on Tuesday, industry sources said. The National Council of Harbour Workers Unions told the Japan Harbour Transportation Association it will
        Reuter  -  101 words
    • Article
      CONSORTIA
      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
    • Article
      Lock icon Tugs pull cruise ship free from reef
      138 20 AFP A WEST GERMAN-OWNED cruise ship, the 7,300-ton Society Explorer. was refloated on Tuesday, three days after it ran aground on a coral reef, agents for the ship said. A spokesman for Burns Philip (South Seas) Ltd said the luxury passenger ship was
      AFP  -  138 words
    • Article, Illustration
      Lock icon Mud — essential fluid to oilmen drilling at sea
      541 20 Mud essential fluid to oilmen drilling at sea Fairplay FOR THOSE with no involvement in the oil industry, mud is something which one gets on one's Wellington boots or has to wash oft the dog, but to oilmen it is the most essential fluid used in the recovery of oil,
      Fairplay  -  541 words
    • Article
      Lock icon PPA projects revenue to go up by 27.3pc
      321 20 PNA THE Philippine Ports Authority (PPA) is projecting a revenue of 1,217 billion pesos this year up by 27.3 per cent over the 956 36 million pesos in 1987. PPA general manager Maximo Dumlao in his report to the board stated that
      PNA  -  321 words
    • Article
      INDEX TO ADVERTISERS
      808 20 AB Shpg V 5 ABC Container 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 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III
      808 words
    • Article
      Lock icon W German index up due to higher rates for box trade
      309 20 Lloyd s List HIGHER RATES for homebound container trade helped to push up the West German liner index in January, although currency changes also played an important role, the West Germany statistical office said in Wiesbaden. It added that
      Lloyd s List  -  309 words
    • Article
      Lock icon Treasure hunters held at Indonesian naval base
      140 20 Reuter ELEVEN foreigners accused of hunting for sunken treasure bide their time aboard a survey ship at Tanjung Pinang waiting to be formally charged. The Indonesian-registered Budi Indah sits alone at the end of the pier at the base. No one can be
      Reuter  -  140 words
    • Article
      Lock icon Philippine handlers discuss new charges with lines
      271 21 Manila Chronicle CARGO HANDLING firms in the Philippines have started consulting shippers and shipping lines on the possibility of a 25 per cent rise in handling charges. The arrastre and stevedoring firms were persuaded to hold consultations in their respective ports under the
      Manila Chronicle  -  271 words
    • Article
      Turkey building two coast earth stations
      136 21 TURKEY is building two coast earth stations to operate with the Inmarsat mobile satellite communications system. The council of the 54-member country Inmarsat organisation, which met in London recently, authorised the Turkish application for two coast earth stations at Ata, near Ankara, to operate
      136 words
    • Article
      Seven injured in cargo ship explosion
      130 21 A STRONG explosion on Tuesday in a hold of the cargo ship Michele Damato severely burned seven workers and touched off a fire, the Italian news agency Ansa said. The agency said there were no injuries among the dozens of other people aboard the
      130 words
    • Article
      New Cosco agency
      166 21 CHINA OCEAN Shipping Co (Cosco) has formed a new joint venture shipping agency in the United Kingdom and Eire, called Cos-Ho Shipping Agencies. The shipping line is beefing up its agency network aimed at strengthening its marketing efforts on the Europe/Far East trade. The new company takes
      166 words
    • Article
      SHIPPING EVENTS
      467 21 April 6-7 Subsea control and data acquisition for oil and gas production systems, Institute of Measurement and Control conference, Metropole Hotel, London. April 10-16 Chartering: a practical approach, Cambridge Academy of Transport residential course, Selwyn College, Cambridge. April 12-15 Ports, Transport Equipment "88. International Trade Fair to be
      467 words
    • Article
      Bahamian ships can apply for war risk insurance
      91 21 THE UNITED States Maritime Administration plans to allow Bahamian registered vessels to apply for war risk insurance. With the concession, Bahamas stands to become more attractive to US-owned tonnage. The US war risk insurance regulations are a standby emergency programme operated by
      91 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7298 26 QQIUBIDgEB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      7,298 words
    • Article
      SHIPS IN PORT
      1632 27 AT CONVENTIONAL WHARVES V«»Ml I CD Arrival Departure KEPPEL WHARVES 6o'on«j 34 oiongs.de I0040AX) Dyong Emerol *19 olongs-de 07 04 0600 fonga.ng (30 O'ongs.de 07 04 0700 Feogtoi KIS olongs-de 07 04.0600 feogy, *29 olongs.de Q8 04 2300 Mammon >o CIO olongnde 07 04 0600 H.ghlond«f *36
      1,632 words
    • Article
      LONDON FREIGHTS
      1500 28 Chartering was slow to emerge on Tuesday following the Easter holiday but details emerged of several fertiliser fixtures which had received Indian Government approval ship brokers said Two rock phosphate cargoes were covered from Aqaba to India at US$lB 95 and $19 respectively compared with the Baltic sub
      1,500 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      821 19 *°V o% TIMES I STP Distributors r '"*< PuMlAmg Croup OOCL OigENT OVEIQEAS Co*Uum* LINC S?? ,SnE WW* AGENCIES (Ret No 242K4/ 00K) 200 Cantonment Road #12 05 South point, Singapore 0208 Ml If Tel *****11 TELEX NO RS 2*179 If ffTTTIJI TERMINAL CFS Tel *****18 220 ffcftAy I BOOKINGS
      821 words
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      Page 19 Advertisements Column 2
      62 19 mm THE Philippine Ports Authority (PPA) is projecting a revenue of 1,21 7 billion pesos this year up by 27.3 per cent over the 956.36 million pesos in 1987. Page II TURKEY is building two coast earth stations to operate with the Inmarsat mobile satellite communications system. Page 111 Index
      62 words
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      Page 19 Advertisements Column 3
      652 19 TIMES STP Distributors MAERSK LINE A NEW STANDARD IN SERVICE A BETTER WAY TO OAKt.Awn SIN OAK— 17 DAYS! LPK OAK— 23 DAYS! PEN OAK— 22 DAYS! Th» mm Aim M Ctoamg T«n# CY 07/4 0800 MRS CFS 08/4 2200 MRS To Europe— UK Scandinavia Finland ANT ROT I BflV
      652 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      478 20 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT 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 VOY NO HAMBURG BREMERHAVEN R'DAM/ ANTWERP LE HAVRE SOUTHAMPTON KAOSPORE HONGKONG HSIUNG TOKIO EXPRESS KOWLOON BAY THAMES MARU BENAVON OSAKA BAY
      478 words
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      Page 20 Advertisements Column 2
      17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 20 Advertisements Column 3
      280 20 CHARGEURS REUNIS 1 TEL 727*111 TELEX RS2I6SO fAX *****51 Anglo French Shipping MISC AGENCIES ON BHD PK *****53 PEN *****5 Blue sea Super Carriers for roll-on/roll off and container flexibility TO: PANAMA US WC/EC/GULF E. CANADA CARIBBEAN C. AMERICA B NARA B TOBA B HECTOR 710,4 I IS/4 21-25/4 12S/4
      280 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      1112 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd P&O Containers CONTAIfCRSHIP SERVICE TO UK/CONTINENTTOKYO MY KNINE MARU TO*to EXNES HAMU*C EXPRESS KOWIOON lAY SEN*VON OSAKA lAY LA Pf ROUSE Alio Accepting Cargo For: to Coponfttfon. Ajrfwt. (MlMnturi. Ifc. mo Slock holm. Holunti. Sondortura Rontntam to AMwo Aimtofton. Otlo. Bjiio,
      1,112 words
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      Page 21 Advertisements Column 2
      622 21 IMPORTANT NOTICE TO: THE SHIPPING COMMUNITY OF SINGAPORE Please note that with immediate effect, Mrs M.J. Oehlers is no longer the Vice Consul of this office, and therefore is not authorized to collect any monies or transact any business on behalf of the Panama Consulate. We are pleased to introduce
      622 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      443 22 £1S I NOSE m MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN TEVFOURI IRAN EHSAN Singapore IN PORT 11/4 Loading for:BANDAR ABBAS BANDAR ABBAS KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: A VESSEL 30/4 LAE. PMB. RBL. HRA MICRONESIA SERVICE OCEANIA EXPRESS V-12 13/4 OCEANIA
      443 words
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      Page 22 Advertisements Column 2
      770 22 &.LINE #p»M i»wi rum FULLY CONTAINERISED SERVICE tUHV CONTAIN!RISfO TO/fROM NORTH AMIRIC* WIS! COASI TOR/MOTHER VESSEL OCH SIE KOREAN WONIS JIN 74E OCH SK/HANJIN KWANCYANC 44E ND 74E/KOREAN WONIS SUN S9E NO 74E/HANJIN BUSAN 79€ KJW S2E KOREAN WONIS SUN 69E KJW UEiHANJIN POHANG 7»E NC 44E KOREAN WONIS ONE
      770 words
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      Page 22 Advertisements Column 3
      1312 22 r M WLcs'Zl EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURQ/FE) EVER GUARD EVER GROWTH EVER GRAND EVER CLAMOUR l/S 12/5 13/5 14/5 17/5 20/5 23/5 15 Hi xt 22* ALSO ACCEPTING CARGO TO 1) WILMIScTO* M»«IUO* i^TC* ,NA>l OSTO ul *'-«tlA. NORFOLK JACKSONVILLE 2) ATLANTA CHICAGO DETROIT COLUMBUS t
      1,312 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      931 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 VESSEL KOTA EAGLE MAJAPAHfT QOWA FAR EAST CONTAINER SERVICE ZSm T UT S,N KSO HKC KAO KCE MTC Vo I*'* If* J®' 4 10NB 2S/4 2S/4 30/4 5/5 Iff' 20NB a/5 4/S #/5 11/5 13/5 17/5 2358
      931 words
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      Page 23 Advertisements Column 2
      611 23 SEN LINE CONTAINERS express container T*»o In Klum Hiru Tekw Eiprtu L» Parwa* Lar* It) Crty <rf UH*ur|ft HAVEN ROAM HAVtt EXPRESS CONTAINER SERVICE FRO* UK/CONTINENT KMI 1 HAW* R OAD HAVRE STOM T**" U»r»M S*<M Sjil«d S*il«* StiW S»M *twioor h, Si.« St,ltd SaiM Sum Si.m "»"i S*il«d S*iM
      611 words
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      Page 23 Advertisements Column 3
      596 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUOERA 1000 DESK P.T. TRIKORA LLOYI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSI/VOY KUTAI/14WB LJ BONTANG/14WB OCEAN PRIMA/10WB SPORE 16-19/4 30/4-2/5 10-12/5 BILBAO ANTWERP R DAM/ADAM 28/5 9/6 14/6 H'BURG/ BREMEN V 6 12/6 17/6 Subf»ct
      596 words
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      Page 23 Advertisements Column 4
      535 23 BOUSTEAD SHIPPING AGENCIES MERCUI V&3W PAGAN vuwir PA-AN VI23W HTONEYWA VZ34W pagan vizm BURMA FIVE STAR SHIPPING CfIBPOBATIQH (Burmese National Line) S'pore 31 Mar/7 Apr >03 Apr 12/14 Apr 15/17 Apr 30 Apr/2 May Loading for Rangoon P.Kelang Penang Bangkok 9/10 Apr Z Z BANK LINE SEMI-CONTA.NW SFBuirc HCTvYTTrrawinTTr^ NORTHBOUND
      535 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1005 24 kL K"LIFIE SHIPPinC-DftTfl fiTLftnUC COAST (Round-The-World Service) NEPTUNE JADE Vl2 ORIENTAL FAIR VS RAINBOW BRIDGE Vl2 NEPTUNE GARNET Vl4 •VIA FEEDER •PK/PNG Sid 9 Apr 16 Apr 23 Apr PACIFIC SOUTH-UJEST FEEDER VSI 'PK/PNG SP MOTH NEPTUNE JADE Vl2 Ski 7 Apr BROO ORIENTAL FAIR VS 9 Apr 14 Apr
      1,005 words
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      Page 24 Advertisements Column 2
      357 24 R.l.i! !i-;i.-nrw Accepting LCL and containerised cargo** Olract to South Africa Accepting Containers Only VAAL Sl3Sf NEDLLOYD COLOMBO 5234F OSAKA MARU 5335F S port I Durban 27/4 21/4 13/5 17/5 25/3 2S/5 ANJOU 016G Sid Sid Sid 7 4 OSAKA MARU 1938G Sid Sid Sid 12 4 HAYAKAWA MARU 5037G
      357 words
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      Page 24 Advertisements Column 3
      600 24 'M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* an. ttxs SO. TRIPURA V 34H i RAVIOAS v m TIM* BAY V M J INDIAN COURIER V m 10 ORIENT SUCCESS VlO6 U S O ANDMRA PRADESH V 17HII INDIAN COURIER V JON 5 S O MANIPUR V37H S O NACALANO
      600 words
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      Page 24 Advertisements Column 4
      770 24 (STRAITS/PERSIAN GULF SERVICE GOLDEN WONDER Colombo Karachi/Dub* GOLDEN BEAR Ktrtchi OutMi'Oammtm CHINA SERVICE MINFU Huinopu Shangttfi DAI YUN SHAN Dalian GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23 Ttlofc Avar StrMt SINGAPORE 0104 TEL SUM (10 LINES) Fti *****04 ILF SERVICE: Sjxrt PAMni l Mrtdti/Dutwi 8/9 Apr Mi 24/25 Apr
      770 words
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      Page 24 Advertisements Column 5
      519 24 f PHI LI on l€ NT LIN €5 PT€ LTD H£AD OFFICE 63 ROBINSON ROAD »07 1? AFRO ASIA BUILDING SINGAPORE 0106 TELf RS ***** PHILI FA* *****76 MIDDU EAST FAB EAST FU A gmavitwa aja 1/4. 15 4 22/4 H KONG KOBE KEELUNG. i v.* v:;i EAST AFRICA MEDITEBRANEAM
      519 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      767 25 NEPTUNE ORIENT LINEStfD J Bahru FAR EAST/EUROPE FULLY CONTAINERISED tfßtfiCF TO EUROPE/UK (VIASUEZ)T ™-ST* ACt CONCORD 14W i' o chief m S J 5 TRANSWORLD BRIDGE WW (M/ 5) qj, s m |J AT cargo will be trinshippad via RD S *>" <**, TMm- FCL Car|o IJOO FROM EUROPE (VIA
      767 words
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      Page 25 Advertisements Column 2
      486 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, BUSAN. INCHON Vmml'i Nam* M EnttrpriM/KSN No Donam.KßN No 7 oonam/IO4N No I Donim «3N •ClOfii/WN M EntorpriM/lOtN No J Donam/VON A SERVICE ETD BS BKK nm am <aw 02/04 M«4 16/04 13/04 77,04 24/04 OSA» 3004 1205
      486 words
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      Page 25 Advertisements Column 3
      828 25 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD *****33 (15 Lines > Terminal 0"'«: *****41/2 penanc Address S,NSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** MESSRS MAI THONG SHIPPINC 127 Pertang Street Penerw. Msiavsu Cables JAYAPOM PENANG, Tei *****4 Telex MA4OCK! u SYSTEM CO SON BHD PASIR GUOANG ft SHIPPING
      828 words
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      Page 25 Advertisements Column 4
      20 25 ->k o MADJU SENOIRIAN BERHAD -20-12 Tong Eng Building. Singapore 0106 Tel *****87 3 REGULAR VESSEI SERVICE TO BELAWAN WEEKLY
      20 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      363 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 .30 Lines FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE EUROPE S PORE *CBO ~l NACA A WERP R OAM IH'BURG R'STK </5 sal Ell jJOHLANO m 6/5 21/5
      363 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      171 26 Regional Weather ft 4b N \k M Va is K 1 M I I K > s9 g til XL V s lis Ik 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\ Shower Weather
      171 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      644 27 \\CSP\ CSP SHIPPING AGENCIES PTE. LTD. Tel *****66 (16 Lines) Fax *****15 INBOUND: LOS ANGELES ETD 12.4.88 Office: P.Kelang: TO SINGAPORE ETA 11.5.88 Sure Fast Maritime (M) Sdn. Bhd. Tel: 03-*****25/6 Telex: MA ***** Tel: 04-*****5 Telex: MA ***** HOE KIN SHIPPING (M) SDN BHD Tel: *****9 Telex: ***** LCPSBU
      644 words
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      Page 27 Advertisements Column 2
      709 27 UNIPACIFIC TRANS. TRADING AGECY PTE. LTD. 033 IRAQI LINE l**ol STATf fNTf RPRiSf FOR ■**ITIM( TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR MV BABYLON 13(4 Y hatna. Kate. Chibi Kmsihi YiwitJ WEST BOUND SERVICE ETA S PORE LOADING FOR MV ALFARABI IS/4 Jcddati Aoitu BagMjd etapkelanc loadinc for
      709 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      316 28 Hai Sun Hup Co (Pte) Ltd xrl TEL *****06 (20 Lines) TLX RS ***** RS ***** IMLintermaritime SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION DIRECT MONTHLY SAILINGS KK SPORE PK PL REU DBN CT IHL HIT 15/4 22/4 26,4 7/5 8/5 13/5 23/5 'Also calls E L t P E GENERAL
      316 words
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      Page 28 Advertisements Column 2
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