The Business Times, 26 April 1988

Microfilm: NL16127
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, APRIL 26, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    273 1 AFP Dow Jones higher WALL STREET stocks were higher yesterday with blue chips moving ahead after falling back from their highs. Trading was very light, with volume boosted by dividend capture plays in Southern Co. which topped the most actives. The Dow 30 was up 11 at
    AFP  -  273 words
  • Article
    Greenback ends firmer against yen and pound
    170 1 THE US DOLLAR closed firmer against the Japanese yen and British pound in Asian markets yesterday, and was steady against other currencies. Dealers said the market was waiting for today's release of the US first-quarter gross national product figures to provide them with
    170 words
  • Article, Illustration
    Asian stock markets end firmer
    191 1 WALL STREET'S higher close over the weekend boosted major regional markets yesterday, with the Tokyo bourse closing at a record high. The Singapore stock market rose in the morning, with spillover buying interest from last Friday. Although profit-takers emerged in the afternoon, the market managed
    191 words
  • Article, Illustration
    First-quarter growth likely to be double digit
    679 1  -  CPF: Plus two for employers, minus one for employees? By FOO CHOY PENG, CHUANG PECK MING EMPLOYERS can expect to have to pay a higher Central Provident Fund rate from July, unless the economy plunges in the next few months. Economic growth in
    679 words
  • Article
    Lock icon French shares fall in wake of poor show by moderate right in presidential election
    298 1 AFP SHARES fell markedly on the Paris bourse yesterday morning following the relatively poor showing of the two candidates of the moderate right in the first round of the presidential election on Sunday, market sources said.
    AFP  -  298 words
  • Article
    Lock icon Indonesian exports to China soar
    245 1 AFP INDONESIAN exports to China soared last year, more than quadrupling to US$627 million between 1986 and 1987 after the two countries opened direct trade ties, a business leader in Jakarta said yesterday. Plywood exports accounted for US$4OO million of the total, while Indonesia imported
    AFP  -  245 words
  • Article
    Kotobuki automates to cope with high turnover of workers
    392 1  -  By CLAIRE LEOW KOTOBUKI ELECTRONICS Industries has a high turnover of workers. To cope with that, the barely eight-month-old producer of TV chassis has had to invest $300,000 in automation with plans to put in another $600,000 by next month. That
    392 words
  • Article, Illustration
    EDB leading first SME mission to Italy, France
    233 1 A GOVERNMENT-LED m.ssion of small and medium-sized enterprises (SMEs) leaves for France and Italy next month. It is the first SME mission to the two countries and is part of the government s continuing effort to help small companies. Mr Foo Meng
    233 words
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      146 1 Nikon The World's Finest Photographic System SkwSlv !iappbtes& fpom§-Bptt) PUtfrs Shirii Andy 1 '.If' IS P,)t .isst'v Cdt S' 3<»hhv Bloij O JPf V *4 R I iS Th- S hod.i P,i\ ram .s Pa' 3oon»- Ray Stevl •*ns>, Iff R.d 1 l«ippy I lours are now I Xmhlv Goxl:
      146 words
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      Page 1 Advertisements Column 2
      376 1 The Japanese connection THE SINGAPORE TOURIST Promotion Board expects more visitors from the Land of the Rising Sun to fly in this year, in the wake of the risen yen. As a favoured destination of Japanese tourists, Singapore is aiming for a bigger share of the pie and will seek
      376 words
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      Page 1 Advertisements Column 3
      45 1 Nikon The World s finest Photographic System Shipping Times comet as a separate section today. Make sure you get your copy. Cartier ■bcte: BOUTIQUES ky mu/t' de a/iter *01-36, Lucky Plaza, 304 Orchard Road Tel *****27. #01-04, Hilton Shopping Gallery 581 Orchard Road. Tel *****96
      45 words
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      363 2 As corporations have expanded their operations globally, the greater the range and complexity of their financial needs have become. So much so that only a handful of financial institutions can now offer anything like the full range of services that are required. Global finance is moving in Fewer still are
      363 words
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  • HOME NEWS
    • Article
      Local furniture companies to show off wares for first time Down Under
      309 3 MADE-IN-SINGAPORE furniture will be displayed for the first time from today in Australia, a growing market which was one of the Republic's biggest buyers of furniture last year. Twelve companies will display their furniture, made specially for the
      309 words
    • Article
      A few tips on trademarks
      79 3 IF YOU are a businessman concerned about protecting your product, a half-day seminar on "Patents and Trademarks" might be worth your attention. Organised by Datasearch Resources, it will be held at the Pavilion Intercontinental Hotel on May 7. It aims to provide businessmen with the
      79 words
    • Article
      Bid to promote S Korea in S'pore
      508 3  -  By LILY FERNANDEZ SOUTH KOREA is selling its four seasons, unique culture and different food as the Asian tourist destination with a difference In an interview with BT last week, the new Singapore-based South-east Asian director of the Korea National Tourism Corporation (KNTC),
      508 words
    • Article
      TDB points to investment opportunities in Mauritius
      392 3 PROJECTS worth at least $18 million in port development in Mauritius are up for grabs, business opportunities that Singapore companies might want to look closely at. The opportunities available in Mauritius and Kenya in their maritime and shipping industries were highlighted by the
      392 words
    • Article, Illustration
      300 Merlin employees get termination letters
      519 4  -  Ex-director in bid to take over running of hotel By WILLIAM CHIA TERMINATION letters have gone out to the 300 employees of President Merlin Hotel Pte Ltd, which was wound up on Feb 5. even as a former director of the company is trying
      519 words
    • Article
      MSI expects 65pc occupancy for two new Malaysian hotels
      179 4 THE TWO Malaysian hotels that will be managed by Singaporebased Mandarin Singapore International (MSI) are expected to see average occupancy levels of 65 per cent in their first six months, said Mr Werni A Eisen yesterday. Mr Eisen, the general manager
      179 words
    • Article
      NPB sees bright future for industrial chemicals sector
      367 4  -  By BOEY KIT YIN THE INDUSTRIAL CHEMICALS sector which makes gaseous oxygen and nitrogen, and petrochemicals has a bright future. It will enjoy not only good demand but also improved productivity and competitiveness, in the view of. the National Productivity Board (NPB).
      367 words
    • Article
      Home loans: OCBC group 'more aggressive'
      388 4 THE OVERSEA-CHINESE Banking Corporation group yesterday became the latest to join the all-out battle among banks for a slice of the home loans market. The group announced that from today, OCBC and its subsidiaries, Bank of Singapore and Four Seas Communications Bank, will charge
      388 words
    • Article
      Asahi Techno Vision to start production ahead of schedule
      444 4 ASAHI TECHNO VISION will start making television glass panels in its $200 million Tuas plant by next January instead of March. This urgency is attributed to the high value of the Japanese yen which has gone up since Asahi Techno Vision's
      444 words
    • Article
      Court erred in Lamipak chief's case: QC
      337 4 THE DISTRICT COURT erred in passing a deterrent sentence on former Lamipak managing director Francis Siah, argued Queen's Counsel Michael Sherrard yesterday. A fine should have been imposed instead, said Mr Sherrard in appealing for Siah before High Court judge Mr L P
      337 words
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      58 3 REMIX 3 from the Philippines f V m 4^ A .M Gladys, Joy and Leila the voices of Remix 3. An original group from the Philippines to captivate you with their vibrant renditions of top pops, love songs and evergreens. Nightly from 8 pm, except Sundays. The Loti Meridien Singapour
      58 words
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      Page 3 Advertisements Column 2
      249 3 Now twice a week to Mauritius KB .1mrfifciT nn spi V^PPPf^ j^-i.'vfvv?. -v BfrtTiir' l^a*. >Sean-~+.. *&fcf 4Li v' «v si >• f J? '"HU-* **r- C." -V •"> -r-c. From May 2nd, with flights on Monday and Saturday, we're making it twice as easy to reach the magic of
      249 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      125 3 \£ML Max; Note Min (°C) 28/1 3 Showers 08/04 Clear 26/11 Clear 31/27 Clear 34/25 Cloudy 38/25 Clear 24/10 Clear 23/16 Sunny 20/18 Clear 14/02 Fair 26/16 Fine 13/03 Clear 21/11 Clear 24/12 Cloudy 17-02 Clear 21/02 Cloudy 28/16 Cloudy 08/04 Clear 06-01 Cloudy 33/26 Showers 11/05 Clear 11-01 Clear
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      Page 4 Advertisements Column 1
      522 4 Winning since the '60s. What do you call a car that wins all the time? Right from the early days of the car building industry, Lancia was already a pioneer coming up with many 'firsts' in concepts that work at building a better car. Concepts that are adopted by all
      522 words
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      140 5 ij&Ti Mfftife-C car in iir* .u > as&s v/A •>• £«v-\ >> mm Wmm ma ii-'ys. >: SU.. mm 5?-: v: r'.\ >r. v* y-Xv;- *:> r j <r#\ t > IffilS y. -v V -v ifetgli iUS J§^k A; :jv *»>a mMi wwMm :W--i! RSIS MM -r ill i
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  • ASIA-PACIFIC
    • Article
      Lock icon Japan upset by house approval of trade bill
      435 6 Move viewed as a threat to bilateral trade ties IHT JAPANESE GOVERNMENT officials and business leaders reacted sharply last Friday to approval by the US House of Representatives of an omnibus trade bill aimed at opening markets such as Japan and curbing
      IHT  -  435 words
    • Article
      Lock icon Anti-independence party wins New Caledonian polls
      321 6 AFP THE MAIN party opposing independence for the French Pacific territory of New Caledonia won a big victory on Sunday in a vio-lence-marred election for the local legislature. The Rally for Caledonia in the (French) Republic (RPCR), which is close to the French neo-Gaull-ist
      AFP  -  321 words
    • Article
      Lock icon India's ruling party draws up aims for next five-year plan
      203 6 AFP INDIA'S ruling Congress (I) Party has adopted broad economic guidelines for the coming five years which endorse more foreign high-technology imports in a basically planned economy. A resolution on eliminating poverty and unemployment was adopted last Saturday by the
      AFP  -  203 words
    • Article
      Lock icon Brisk transactions at Guangzhou fair
      125 6 Bernama ES-Kyodo TRANSACTIONS at the Spring Export Commodity Fair in Guangzhou have so far reached US$2 billion since it opened on April 15, according to a report by China's official Xinhua news agency monitored in Tokyo yesterday. A report quoted a fair organiser as saying
      Bernama ES-Kyodo  -  125 words
    • Article
      Lock icon Mahathir: When everybody is unhappy, the country is doing well
      242 6 Reuter MALAYSIAN Prime Minister Mahathir Mohamad had rejected charges of extremism and said his government was being fair when all groups in the pluralistic country were unhappy, Newsweek reported on Sunday. Asked about "extreme measures such as arresting 106 people
      Reuter  -  242 words
    • Article
      Lock icon US may send Coast Guard vessels to Gulf
      452 6 Reuter THE UNITED STATES is considering sending Coast Guard vessels to the Gulf to augment the considerable US Navy fleet already in the tense region, Defence Secretary Frank Carlucci said on Sunday. The chairman of the Joint Chiefs of Staff, Admiral William
      Reuter  -  452 words
    • Article
      Lock icon KL-Manila trade up almost 19pc in 1987
      229 6 Bernama MALAYSIA'S total trade with the Philippines rose last year by U5573.21 million to U*****.16 million, according to figures compiled by the trade office of the Malaysian Embassy in Manila. This was an increase of 18.9 per cent over the 1986 figure of
      Bernama  -  229 words
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      57 6 Threat of trade bill veto a mistake, says US senator, Page 8 No matter where you fly with Korean Air, you'll be charmed y Korean hospitality and graciousness. One day soon, we'd like to charm you too. For more information, call your travel agent or Korean Air on 5342 111.
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      54 6 Doonesbury J-J-uxxs WHAT? OH~. $0 HOUTS YEAH, 100 ESS SHE AGE 601 NG \POES... WUI.MIKB* Ss u m® m BY GARRY TRUDEAU THE MARRJAGS? LETS SEE-. HOOD UJOULPI DESCRIBE THE MARRIAGE 7 A LITTLE ROCKY, PERHAPS? NO, NO, JOYLESS. PEAP. WELL, THE IMPORTANT THING IS YOU'RE STILL HANGING IN THERE!
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      371 7 Good ideas keep coming up m i mi Jx iSi S8» f&sr jtefe&ljr? 3 tO'Xj I -of 'V:V. I \/iJt iS >'''' -ii: •;*< v%'v« v* ;h ■-W ySg v;.< ■Bit**"- V •< < vJ- -v 2Sfev> V 'y V «sS2j£l2« "*.J r .i WES itv- •;>»• ..y* > Sharp
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  • REST OF THE WORLD
    • Article
      Lock icon Threat of trade bill veto a mistake, says US Senator
      453 8 Reuter PRESIDENT REAGAN is making a serious mistake by threatening to veto a sweeping trade bill as the US Congress would be unlikely to pass another version this year, the chairman of the Senate Finance Committee said. Senator Lloyd Bentsen,
      Reuter  -  453 words
    • Article
      Lock icon Panama's cabinet shuffled in anti-US move
      272 8 UPI PANAMA'S President Manuel Solis Palma replaced seven of his 12 ministers on Sunday, strengthening the government s anti-American bent in the first major shuffling of Panama's cabinet since he took power in February. Electrical power to some US Embassy offices and residences in
      UPI  -  272 words
    • Article
      Lock icon Bush, Dukakis gearing up for November showdown
      197 8 Reuter REPUBLICAN George Bush and Democrat Michael Dukakis, well on the way to their parties' presidential nominations, are already developing themes for a general election that looks like being very close. Massachusetts Governor Dukakis says US Vice-President Bush and President Reagan have ignored
      Reuter  -  197 words
    • Article
      Lock icon Pentagon considers cutting back SDI plans: newspaper
      289 8 AFP THE PENTAGON is considering scaling back its multi-billion dollar investment in the first phase of the Strategic Defence Initiative (SDI), a plan for a shield against nuclear missiles. The Washington Post said yesterday that Robert Everett, Defence Secretary Frank Carlucci s senior
      AFP  -  289 words
    • Article
      Lock icon Slow Soviet growth a risk for Gorbachev: US study
      162 8 Reuter THE Soviet Union's drive to modernise its economy encountered trouble in 1987 that could undercut the political strength of Soviet leader Mikhail Gorbachev, a US intelligence study released on Sunday said. "Familiar problems with poor weather and transportation bottlenecks were
      Reuter  -  162 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      953 8 ARRIVALS Operator Service Loco From number time AC ACS 84 0725 YYZ/YHZ/ MAS BRU/DXB MH640 0820 KUL SV SV398 0835 JED/RUH SIA SQ417 084S DXB/KHt MAS MH651 09)0 PEN MAS MH630 0920 KUL NW NW906 0925 HKG/NtT/ANC/ AC LAX/SFO AC888 0925 YYZ/LHt/IOM SIA SQ103 0950 KUL CAL
      953 words
    • Article
      Lock icon Mitterrand set to win election: poll
      102 8 AFP FRENCH PRESIDENT Francois Mitterrand will win the re-elec-tion in the May 8 run-off against Prime Minister Jacques Chirac by 55 per cent to 45 per cenf„ according to a poll. The state-run station An-tenne-2 said on Sunday that its forecast was based on
      AFP  -  102 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      129 8 "V B i" vm DigiNet: Transmit Data In A Flash In a flash of light that's how signals travel through DigiNet. DigiNet is our new digital communication service for sending high volume and time sensitive information. Using the latest digital and fibre optics technologies, we can now get your information
      129 words
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      Page 8 Advertisements Column 2
      59 8 )`==!,>!_-*_^?%&:[>.&!\`!`<$"&? rI If \l Jm IF llf The business person's choice, every I I II 111 I Tuesday. Thursday. Saturday and I 1 Mml mI IV W Sunday. Leaving Changi Airport at JL 1 _l_ 22 05 hours and arriving at Lester B. Pearson International Airport the following day Call
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  • COMMODITIES
    • Article
      Oil and Products
      85 9 TRADING was listless while the market waited for the Opec meeting. Closing prices for crude (FOB origin) USS/barr«4 Chong* Topi* (May) 17.40 undi Minat (May) 16.40 undi Dubai (Juno) 15 60 -0.15 wm T»ioi WTI (Jwnol*' 16.33 uncb Now York ctc <*» previous doy. Products (FOB S'pore)
      85 words
    • Article
      Palm Oil
      317 9 Malaysian crude palm oil futures market closed steady in quiet trading on the Kuala Lumpur Commodity Exchange (KLCE) yesterday. Dealers attributed the higher pricesto tight supply in the nearby months and short covering. Early morning trade was soft because of reports saying that 9,000 tonnes of Indonesian CPO
      317 words
    • Article
      Precious Metals
      365 9 HONGKONG: Gold closed marginally easier in fairly active trading on light selling interest yesterday mainly due to the US dollar s steady tone. Dealers said sentiment has turned more cautious after the metal failed to hold above the US$45O per ounce level. But late shortcovering lifted gold from
      365 words
    • Article
      Lock icon Cost of operating new US gold mines rising
      234 9 Reuter THE COST of putting new US gold mines into operation is going up after years of declines. Homestake Mining Co chairman and chief executive officer Harry Conger said. "New gold mines are coming in at higher expenses than the mines now
      Reuter  -  234 words
    • Article
      Lock icon KL Tin
      166 9 Reuter THE KUALA LUMPUR Tin Market (KLTM) price fall eight cants yaatarday to M 517.27 a kg from last Friday on a lack of support after lower pricaa In Europe, dealers said. Starling's weakneas against the ringglt caused the KLTM price to hold a £20 premium over the
      Reuter  -  166 words
    • Article
      Produce Prices
      194 9 Chinese Produce Exchange S«1l*ri' noon doling pric*i on AprH 25 (SS/100 leg) Coconut oil Bulk FOB 106.00 CM drum FOB 116.00 N*w drum FOB 120.00 Copra Mi*«d (loot*) 60 Pepper Muntok wMt« FOB NIW 1102.50 Sarawak whit* FOB foq NIW 1087.50 Sarawak ip*dol black FOB NIW 710.00 Sarawak
      194 words
    • Article
      Lock icon Rubber
      259 9 Reuter SINGAPORE The market closed higher yesterday with May 1 RSS buyers quoted at 241.00 cents/kilo, up 1.50 cents from last Friday's close. Prices rose towards the close on some speculative buying interest of forward positions. But trading remained thin. MALAYSIA The market closed higher yesterday on continued reserve
      Reuter  -  259 words
    • Article
      RAS and MRELB
      235 9 R AS priCGS in S cents/kg. FOB in bale NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 241.00 242.00N 242.50 243.50N lot 1 RSS May 88 239.50 240.50N 241.00 242.00 Int 1 RSS June 239.50 240.50 241.00 242.00 lot 2 RSS OP 239.00 241.00N 240.00
      235 words
    • Article
      SSR and SMR
      76 9 (e«on/kg) MAY 1988 JUNE 1988 (current month) (forward month) RAS NOON NOON kytri S»H«r» ftuy»n SSR 30 233.50 235.50N 233.50 235.50N SSR 30 232.00 234.00N 232.00 234.00N MRELB lvy*ri S*IWr» Ivyan S*ll«r« SMR CV 394.00 396.00N 395.00 397.00N SMR I 405.00 407.00N 406.00 408 00N Sm» 5
      76 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      138 9 Bosses 25-29 April 1988 Your secretary organises your business affairs meticulously. Often taken for granted, she deserves that mere word of thanks, for her role in the office is second to none. This Secretaries' Week, drink a toast to that super lady over lunch at the Grand' Italia Restaurant. Show
      138 words
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      Page 9 Advertisements Column 2
      146 9 Athens, Amsterdam, Copenhagen, Paris, Frankfurt, London, Rome, Stockholm. They're 2V2 hours shorter with Thai. If you're on your way to any one of the seven exciting European cities, you'd be pleased to know that they're much closer with Thai. You see, we fly there non-stop from Bangkok, shortening the usual
      146 words
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  • FOCUS
    • Article, Illustration
      Lock icon Extreme right's leader garners more support
      692 10 Although 71-year-old socialist President Francois Mitterrand appears favoured to win a second seven-year term, major shifts are occurring in French politics. BT's FOCUS assesses the results of the weekend election which saw the extreme right picking up more votes than before. Reuter AN UNEXPECTED
      Reuter  -  692 words
    • Article
      Lock icon Communists slump to worst showing
      345 10 Reuter THE ONCE-POWERFUL French Communist Party had its worst election showing ever when its candidate, Andre Lajoinie, got a scant 6.5 per cent of the votes in last Sunday's first round of the presidential election. In its heyday, the party received nearly 30 per cent
      Reuter  -  345 words
    • Article, Illustration
      Lock icon Chirac wins respect with campaign
      512 10 Reuter FRENCH Prime Minister Jacques Chirac, dismissed as too impetuous and volatile to become president of France, ran a whirlwind election campaign that won respect even from hardened opponents. The 55-year-old neoGaullist embarked on an exhausting series of tours while his main opponents, socialist President
      Reuter  -  512 words
    • Article, Illustration
      Lock icon Mitterrand wins first round
      437 10 Reuter FRANCOIS MITTERRAND won the first round of the presidential elections on Sunday after keeping France guessing for months whether he would seek a second mandate at the age of 71. Critics denounced the socialist leader as "the prince of ambiguity" for refusing to reveal his
      Reuter  -  437 words
  • Page 10 Advertisements
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      200 10 Cash in advance. A keen competitive edge. No bad debts. These business advantages can be yours for a mere fraction of your invoice value with the financial facilities of International Factors (Singapore) Pte Ltd (IFS). Factoring Under this facility, we buy over your invoices to your customers and advance you
      200 words
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      Page 10 Advertisements Column 2
      100 10 THE UITIMAT TRIBUTE a mi SECRETARIES WEEK Sd Lunch April 25-29. V Show your secretary how valued she really is with a special treat at Maxim s, the world renowned French restaurant. Let her choose either the $30+ or $35+ per person set lunch. And take away a miniature bottle
      100 words
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      Page 11 Advertisements Column 1
      252 11 made it to the i > i lu t i nre TOP The computing power of Wearnes Technology's ALR range of microcomputers has created a distinct impact internationally. While Wearnes Technology was described by Fortune magazine as M a computer mini-conglomerate based in Singapore", its range of microcomputers have received
      252 words
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  • PERSPECTIVE
    • Article
      Terrorists on the prowl?
      564 12 THE 16-DAY hijack drama involving a Kuwait Airways Boeing 747 jumbo jet will long remain etched in public memory. It was the longest episode of its kind. Four nations other than Kuwait Thailand, Iran, Cyprus and Algeria played a direct role in the trauma and horror.
      564 words
    • Article, Illustration
      Waiting for a jet plane
      1276 12  -  How can we get more Japanese tourists here when most airlines serving the Singapore-Japanese sector have limited capacity? The problem, reports LIM SOON NEO, has prompted air talks next month between Singapore and Japanese governments who will look at increasing flight frequencies between the two
      1,276 words
    • REGIONAL VIEWPOINTS
      • Article
        Political trends
        137 13 Our weekly summary of what other publications have to say about issues of regional interest INDONESIA "IT WILL be quite apparent during the coming five years that due to predictable demographic shifts, we can expect a more critical mood from a younger voting public with an entirely different
        137 words
      • Article
        An assessment
        162 13 THE PHILIPPINES "PRESIDENT Aquino's visit to China accomplished two things. First, it demonstrated that her government has developed a reasonable level of stability The other aspect of the visit is that it showed the expansion of the regional thrust of Philippine foreign policy. The first overseas visit by
        162 words
      • Article
        Healing a rift
        198 13 "PRESIDENT Aquino angered many of her women nationals when she decreed two months ago that no more Filipino domestic helpers be allowed to work overseas until host governments could ensure their safety and dignity. The ban was subsequently lifted for Hongkong and Canada. Mrs Aquino's visit to
        198 words
      • Article
        Boost for image
        95 13 THAILAND "THE OPPOSITION'S no-confi-dence debate against Prime Minister Prem Tinsulanonda and his Cabinet ministers is now tentatively scheduled for May 9... "Given the overwhelming support in the House of Representatives that the government has enjoyed, there is virtually no reason why the prime minister's protectors should worry
        95 words
      • Article
        Serious business
        89 13 MALAYSIA "FROM NOW ON, when Malaysian businessmen wish to be part of government trade mis- sions going overseas, they will have to satisfy the Trade and Industry Ministry that they are serious about doing business (rather than treating the trip as a holiday on company expense). They must
        89 words
      • Article
        To be a NIC
        172 13 "MALAYSIA will become what is generally known as a newlyindustrialised country (NIC) if its charted course of industrialisation can be kept on track in the coming decade. Prime Minister Datuk Seri Dr Mahathir Mohamad has said that Malaysia can become an NIC within the next 10
        172 words
      • Article
        Just beginning
        224 13 AUSTRALIA "SUGGESTIONS over the past few days of a possible merger between the Commonwealth Bank and the ANZ Banking Group, or between the the ANZ and the National Australia Bank Ltd, highlight the dramatic effect that financial deregulation has had. and will continue to have, on our banking
        224 words
      • Article
        At Gatt's gates
        194 13 TAIWAN "THE CASE for open markets in Taiwan gained an incisive voice last week, when Nigel Lawson checked into the debate. Speaking at a financial meeting in Washington, the British Chancellor of the Exchequer went beyond the usual wisdom that Taiwan, with a 'massive trade surplus, phenomenal
        194 words
    • Article, Illustration
      Lock icon NICs crack Japanese market
      861 13  -  Rising yen makes consumers turn to cheaper imports By LISA SHUCHMAN NYT IN A MAJOR department store in downtown Tokyo, shoppers gathered recently around a small display of electronic products. A miniature radio with headphones made in Hongkong was selling for less than US$3O and a
      NYT  -  861 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      128 12 J p r*' technology and design, ranteed by this point. r* .^V «i A f. BLAUPUNKT BOSCH Croup It's a small point. But it makes a world of difference. Blaupunkt Integral IS 70-78VT. Switched on, it provides a very clear picture and stereo sound in hi-fi quality. Switched off, its
      128 words
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      Page 12 Advertisements Column 2
      114 12 <^Thai Thai Inrwr 1 •>M L DES O'CONNOR I BRITAIN'S SINGING SUPERSTAR I Back by popular demand, the irresistible television star, Des O'Connor, is back to enthrall his audiences. Des O'Connor has conauered tens ot thousands of listeners in the British Isles, America, Europe, and Asia. Book your seat now
      114 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      716 12 mmmim CRYPTIC PUZZLE ACROSS 3 Like the servitude for wrecking a plane (5) 8 The kind of letter I get in Chinese! (5) 10 Opera in Ascot? (5) 11 What the poilu has on his hair (3) 12 Down-to-earth aids to growth (5) 13 Caresses an affectionate fellow (7) 15
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      1232 13 to jjso aaoQta B 12 7.30 PM Opening Announcement and Programme Highlights followed by Carol Burnett And Friends. 8.00 The Yellow River Down River. Having located the source of the Yellow River, the joint Sino-Japanese expedition team embarks on the same journey as the river itself. 8.50 World Music Album.
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      Page 13 Advertisements Column 2
      59 13 Rabobank Financial Highlights rate (as of December 31,1987): 1.00 U-S.S NLG 1.7775. Rabobank Singapore Branch, 50 Raffles Place 30-01, Shell Tower, Singapore 0104, Republic of Singapore. Telephone: +*****9896. Telex: *****. Rdbobank Nederland. C.roeselaan 18,3521 CB Utrecht, the Netherlands Telex *****. New York, London, Antwerp, Pans. Singapore, Hong Kong, Jakarta, Curasao.
      59 words
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  • SPORT & LEISURE
    • Article, Illustration
      Australian racer wins first Grand Prix
      330 14 KEVIN MAGEE of Australia won his first motorcycling Grand Prix on Sunday, narrowly defeating former world champion Eddie Lawson to take the Spanish 500 cc on a Yamaha. Magee, 25, fought Lawson all the way to complete the 122.5km race in Jarama in 54
      330 words
    • Article
      Lock icon Jury to decide on match racing series
      221 14 AFP AMERICAN John Bertrand must wait for the protest jury to decide if he has beaten his America s Cup skipper, John Kolius, to win an international match racing series in Auckland last Sunday. Kolius and Bertrand, who sailed together on America II
      AFP  -  221 words
    • Article
      Lock icon Kentucky Derby contenders injured in weekend races
      186 14 UPI FOUR Kentucky Derby candidates, including highly regarded Cherokee Colony, were injured and eliminated from the May 7 Run for the Roses during the next-to-last weekend of prep racing. Flying Victor and Ruhlmann were hurt on Saturday during the running of the U*****,000
      UPI  -  186 words
    • Article, Illustration
      Lock icon Beck sends records tumbling with USFC Classic win
      309 15 AFP CHIP BECK birdied his way to victory in the U*****,000 USFG Classic golf tournament in New Orleans last Sunday and set a few seasonal PGA records in the process. Beck, who started the day with a three-stroke lead over fellow American
      AFP  -  309 words
    • Article
      Lock icon Unknown English pro scores upset in Madrid Open
      260 15 UPI DERRICK COOPER, a 32-year-old English club professional beat the might of Spanish golf on Sunday to capture the Madrid Open title by one stroke. Cooper, from England's Birchwood Club, scored his first major victory in 16 years as a professional when
      UPI  -  260 words
    • Article
      Lock icon Evert pulls off emphatic win over Navratilova
      281 15 UPI CHRIS EVERT, leaving her vaunted rival in a state of exasperation, defeated Martina Navratilova 6-0, 6-4 to win the U*****,000 Virginia Slims of Houston on Sunday. Evert failed to hold her serve just once in winning the tournament for the third straight
      UPI  -  281 words
    • Article, Illustration
      Where do the Soviets go from here?
      596 15  -  By WALTON MORAIS AS LEILA MESKHI sat in the media room, her face glum, her head hung low, Soviet coach Kakulia Teimuraz searched for the right words to answer the question. What, he was asked, were the implications for Soviet tennis now that
      596 words
    • Article, Illustration
      Lock icon Lendl hits jackpot in Monte Carlo
      345 15 UPI IVAN LENDL, outplayed for much of the match, took advantage of Martin Jaite's bouts of wildness to win the final of the U*****,500 Monte Carlo Open on Sunday and celebrate his return to tennis after missing eight weeks with a foot injury. After
      UPI  -  345 words
    • Article
      Lock icon Lewis makes slippery start on the road to Seoul
      406 15 Reuter AMERICAN Carl Lewis, in his 1988 outdoor debut, began his quest for more Olympic golds with a disastrous start and a disappointing fifth-place finish in the 100 m dash on Sunday at the 30th annual Mt San Antonio College athletics
      Reuter  -  406 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      926 14 CQURyoisIER XO-Where to eat, drink... Grills Greens A choice of 18 salads, five cold cuts, soup, three roasts, eight grills 12 desserts. What more could you ask for? The entire buffet spread is yours for $25.50 per adult $15.00 per child under 12. BARON'S TABLE. BARM'S Simply the best in
      926 words
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      Page 14 Advertisements Column 2
      252 14 Catch the excitement and fever of Singapore's richest annual fashion and glamour event. MB SEMI-FINALS Model of The Year April 26, 29 Male Model of The Year May 3, 6 Discovery of The Year May 10, 13 (all starting at 9 pm) ■Mi I Kill! I For reservations call *****11
      252 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      538 15 and entertain 4 So much to choose for only $21.50 A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection...superb pastries, truffles, fortes...cheese board, fresh fruit freshly brewed coffee All for $21.50 And for $27.50 you can add a roast or a choice of
      538 words
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      Page 15 Advertisements Column 2
      147 15 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price changes
      147 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      73 15 m Play golf the Sevvy way Reading the breaks I WHEN THERE i IS A BREAK OR BORROW ON THE PUTT, THE AMOUNT OF BREAK YOU SHOULD ALLOW FOR DEPENDS ON i MOW H/*RP YOU ARE GOING TO I HIT THE PUTT Initui Ml Hrti NattiKs f ON A SLOW
      73 words
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  • MONEY AND EXCHANGE
    • Article
      Lock icon Forex markets
      1534 16 Reuter SINGAPORE: The US dollar closed mixed against most major currencies yesterday while sterling ended lower after a day of thin and featureless trading. Most operators refrained from taking large dollar positions because of a lack of fresh factors and ahead of today s release of US first
      Reuter  -  1,534 words
    • Article
      Lock icon Asian dollar market
      363 16 Reuter ASIAN DOLLAR deposit rates closed steady at opening levels yesterday, after a day of quiet trading. Most operators were sidelined awaiting today's release of US first quarter gross national product data. forecast to show a rise of between 1.5 and 3 per cent after an increase
      Reuter  -  363 words
    • Article
      OPTIONS
      1611 16 CURRENCY FUTURES OPTIONS Monday, April 25, 1986 DEUTSCHE MARK (SIMEX) AAfl )8lca tla May 88 put High Low San High Low ltd 54 CAS ss CAS 56 CAS 57 300 CAS 58 200* 195 CAS 59 >03 A 99 5 60 31A 29 32S 34 61 7A 5 I05S
      1,611 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      544 16 University Extension University of California Berkeley TIMES CONFERENCES a member ot Tkrmm Publishing Group fIP The Annual CORPORATE FINANCIAL MANAGEMENT STRATEGY PROGRAM July 18 22,1988 Course fee: SS3BOO Exclusively desired for financial and corporate planning executives at both corporate and divisional levels, the Program looks into the financial dimensions of
      544 words
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      Page 16 Advertisements Column 2
      9 16 IB BANQUEINDOSUEZ 3 Shenton Way, Shenton House, Singapore 0106
      9 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Lawson against further pound rise
      234 17 Reuter BRITISH Chancellor of the Exchequer Nigel Lawson said he did not want sterling to rise further in value and repeated his view that the pound s recent gains looked unsustainable. He said in a weekend interview on BBC television: "I certainly do not want
      Reuter  -  234 words
    • Article
      Lock icon Tokyo likely to issue 800b-1,000b yen bonds
      173 17 Reuter JAPAN'S finance ministry is likely to offer May 10-year bonds totalling around 800 billion to 1,000 billion yen today, underwriting sources said. After setting the total, the ministry will ask the bond underwriting syndicate members to bid for the right to underwrite
      Reuter  -  173 words
    • Article, Illustration
      World interest rates
      207 17 Indicates the average of the prime lending rates ot 12 major banks in S'pore r Interbank market rates (offer/bid) on April 25 us$ DM SWFC Yen 7 days 6 15/16 13/16 8 3/16 1/16 3 3/8 1/4 2 1/4 2 4 1/2 3/8 1 iwh 7 1/16
      207 words
    • Article
      Money markets
      56 17 THE OVERNIGHT rate on the Singapore interbank market declined 2!4 point yesterday. The one and two-month term rates remained unchanged S$ Interbank rates at 12 noon yester day: OFF€R BID Overnight 1 1/4 1 1 -month 3 1/4 3 1/8 2-month 3 1/4 3 1/8 3-mon«fc 3 1/4
      56 words
    • Article
      Government securities market
      84 17 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****Z 21.7.88 3.04 2.99 3.03 3.00 6 months BY*****H 22.9.88 3.10 3.05 1 year BY*****Z 23.3.89 3.22 3.17 3.19 3.17 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      84 words
    • Article
      Simex
      461 17 JUNE EURODOLLAR futures opened 4 ticks higher on Simex yesterday at 92.48 on short-covering after the lower than expected US durable goods orders. The range of trading was tight. Activity remained light throughout the Simex session with participants awaiting the release of US GNP figures today. The June contract
      461 words
    • Article
      Lock icon IMM
      297 17 Reuter IMM CURRENCY FUTURES finished moderately lower and near daily lows last Friday after sluggish afternoon trading Traders linked the persistent firmness of the US dollar to covering of short cash-dollar positions taken after last week's US trade balance report, rather than a change towards more positive dollar sentiment.
      Reuter  -  297 words
    • Article, Illustration
      HongkongBank's local unit back in the black last year
      440 17  -  Local branch's after-tax profits were about $50m By ALVIN TAY Banking Correspondent AFTER TWO YEARS of losses, the Singapore branch of Hongkongßank finally returned to the black last year with a "very satisfactory profit". The 1987 annual report of the Hongkong
      440 words
    • Article
      Wardley takes over Samuel unit
      112 17 WARDLEY LTD. the merchant banking arm of the Hongkongßank. has absorbed the business of the Singapore branch of Samuel Montagu Co Ltd. a unit of UK's Midland Bank PLC. The integration follows Hongkongßank's acquisition of a 14.9 per cent stake in Midland Bank last December
      112 words
    • Article
      Lock icon Higher yields expected in US securities
      514 17 Reuter PRICES of US government securities face further downward pressure, with yields prone to climb due to added signs of a robust economy and growing worries about inflation. Economists in Tokyo said yesterday that continued weakness in the dollar and the possibility of still
      Reuter  -  514 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      132 17 GO PUBLIC CANADA U.S. FREE TRADE AGREEMENT REAL ESTATE OPPORTUNITIES Venture Capital Group seeks qualified Asian companies wishing to capitalize on these benefits, expand, and have their shares publicly quoted in Canada and the United States through merger/reverse takeover of existing public shell corporations. Please forward pertinent information to: Suite
      132 words
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      Page 17 Advertisements Column 2
      220 17 New Horizons 'iLM 1*- v **AW/ -f- 'KWI ,i* \mrf jM -i £»-2£ri '<rw£mZ *> -*£>2* j 7 r*-\ M/ t%• Creative Alternatives in a Changing World Wako Securities can help you reach your financial goals, no matter how distant they may appear. As specialists in Japanese securities and active
      220 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Prices advance despite late profit-taking
      4817 18 LED BY Wall Street's and Tokyo's higher closing over the weekend, the Singapore stock market continued to gain ground yesterday. Although profit-takers emerged in the afternoon, the Straits Times Industrial Index managed to retain most of its gains at the end of trading. There was
      4,817 words
  • Page 18 Advertisements
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  • COMPANY NEWS
    • Article, Illustration
      Two Promet creditors swap loans for shares
      559 19  -  Nutford, BNP acquire stakes from three major shareholders By ROSIE TAN TWO of Promet Bhd's creditors Nutford Holdings Corporation and Banque Nationale de Paris have swapped their loans for shares with the group's major shareholders, Tonnage Investments Lines Ltd SA. Kuwait Investment Organisation
      559 words
    • Article
      SES indefinitely postpones dry run of new floor trading system
      342 19 THE DRY RUN for the Stock Exchange of Singapore's new floor trading system has been postponed indefinitely, stockbroking members were informed yesterday. BT understands from certain brokers that there were no reasons provided by the SES in the telephone calls
      342 words
    • Article
      Harimau's investment portfolio shrinks by $7.3m
      106 19 THE GREAT FLIGHT to cash and near-cash assets was clearly visible in Harimau Investments Ltd's latest annual report released yesterday. Harimau's investment portfolio shrank $7.33 million to $53.57 million at the end of December 1987, while cash and deposits with financial institutions doubled from
      106 words
    • Article
      Not possible to reverse deal: defence counsel
      356 19 LION CORP-LD NATHAN MERGER CASE FAY RICHWHITE. the majority shareholder of L D Nathan, would not be able to return the money it received from Lion Corporation for its 35 per cent stake, the New Zealand High Court was told last Friday by
      356 words
    • Article
      Hotel Negara stays in the red, but expects improvement
      203 19 HOTEL NEGARA Pte Ltd continued to report operating losses for last year, but expects to see an improvement in its performance for the current year. In the group's latest annual report, chairman Tan Sri Dato Tan Teck Khim said that steps
      203 words
    • Article, Illustration
      S'pore company involved in HK retailer's HK$319m deal
      439 19  -  By LEE HAN SHIH A SINGAPORE company has become a party to a HKS3I9 million deal announced by retail maverick Dickson Poon in Hongkong. Mr Poon, who shot to international fame late last year after he bought the worldwide operations of S
      439 words
    • Article
      ITF makes turnaround to $2.8 million profit
      249 19 ACTIONS taken to "strengthen" its loan portfolio last year left finance company International Trust Finance Ltd with a much leaner asset base That, coupled with a timely sale of its cuoted investments and a recovery of some bad debts, helped the OverseaChinese Banking
      249 words
    • Article
      Lock icon I&P's after-tax profit rises to M$8.83m
      269 19 MBT ISLAND PENINSULAR recorded a group pre-tax profit of M 521.33 million for the year ended Jan 31, 1988, up 15 per cent from the previous year's M 518.52 million. Profit after tax and minority interests but before extraordinary items was M 58.83 million
      MBT  -  269 words
    • Article
      Lock icon Highway project to benefit Pilecon
      178 19 Bernama ES PILECON ENGINEERING Bhd will benefit from the M 53.4 billion North-South highway project which is expected to give rise to more construction activities, chairman Datuk Haji Abdul Rahim bin Abdul Rahman said in his 1987 report He said the construction of the Phase
      Bernama ES  -  178 words
    • COMAPNY BRIEFS
      • Article
        PNB sold 16m Harrisons shares
        51 19 PERMODALAN NASIONAL BHD disposed of 16 million Harrisons Malaysian Plantations Bhd shares for a total consideration of Ms6s 79 million between March 17 and April 8, 1988 Its stake in Harrisons is now 97.55 million ordinary shares or 23 06 per cent of the issued
        51 words
      • Article
        Batu Kawan's acquisition off
        57 19 BATU KAWAN BHD said its proposed Ms 27 million acquisition of the Sakilan Desa Estate was aborted because the vendor, the receiver and manager for the estate, was unable to provide the company with the satisfaction/discharge of charge in respect of the estate land which is
        57 words
      • Article
        Sim Lim Investments director resigns
        29 19 SIM LIM Investments Ltd announced that Mr Chong Choong Chen J has resigned from the company s board of directors from April 22. 1988
        29 words
    • Article
      DIVIDENDS ANNOUNCED
      1342 19 Current El Book* Data Total tor Total tor payment data ctoae payabta the year last year A B N '3*% May 3 NYA NYA 27% 27% Amcol 10% May 31 Jun 10 Jun 24 >0% •0% Asiatic Dev 3% May 19 Jun 3 Jul 1 5% 5% BAT
      1,342 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      88 19 American.. products/ services IftSfttGAN t)rands I firms "addresses, i telephone numbers. 1 key personnel and 1 1 business activities ll|^Sr»«Sngapore I professisonal, trade and government bodies in American You'll be able to fine t in Wesley's American Products Services n Singapore Buyers' Guide. Um it to do mon business todayl
      88 words
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      Page 19 Advertisements Column 2
      84 19 For Fine Russian and Continental cuisine... Wine and dine at a new restaurant with an age old tradition of impeccable service and authentic Shashlik, Borscht, Chicken a-la Kiev and, what we believe is, the best fish menu. All delicately prepared by Tony Han (Executive Chef of former Troika). BELUGA RESTAURANT
      84 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Tandy's claims worry Tokyo companies
      414 20 Reuter JAPANESE FIRMS which have bet possibly hundreds of millions of dollars on digital audio tape (DAT) have been badly shaken by an announcement from a US company that could make DAT obsolete, analysts said in Tokyo yesterday. American firm Tandy said last week that
      Reuter  -  414 words
    • Article
      Lock icon Kawasaki Steel in tie up with SDA Systems
      89 20 Reuter KAWASAKI STEEL Corp has agreed to work with US software firm SDA Systems Inc in using computer-aided design, (CAO) technology to develop large-scale integrated circuits (LSI), a Kawasaki Steel spokesman said in Tokyo last week. The San Jose, Califor-nia-based producer of
      Reuter  -  89 words
    • Article
      Lock icon Mitsukoshi expects higher net profit
      149 20 Reuter DEPARTMENT STORE Mitsukoshi Ltd has forecast that parent net profit would climb to 4.70 billion yen in the year ending Feb 28. 1989, from the 4.22 billion reported earlier for 1987/88 ended Feb 29. The company said in a statement last week that it
      Reuter  -  149 words
    • Article
      Lock icon Vietnam in foreign joint deal
      84 20 Reuter VIETNAM has set up a joint venture with Hongkongbased Hochimex Company the communist country's first foreign joint venture. Capitalised at US$3 million. the joint venture was set up on April 8 to shuttle tourists to and from Vung Tau, a tourist resort 80 km
      Reuter  -  84 words
    • Article
      KL prices close lower
      3582 20 s REVERSING four sessions >1 of advances, share prices r ended lower on the Kuala Lumpur stock market yes--0 terday despite a firm start, j Sistem Televisyen Mat laysia (STM), which runs the commercial television station TV3, made its debut yesterday to a rousing welcome despite
      3,582 words
    • Article
      Lock icon Stocks close higher
      1508 20 Hongkong Reuter HONGKONG share prices closed higher yesterday, spurred by Wall Street's surge on Friday and speculative buying of HK Land shares, brokers said. The Hang Seng Index rose 32.4 points, or 1.25 per cent, to 2,623.75 while the broader based Hong Kong Index was 22.29 points
      Reuter  -  1,508 words
    • Article
      Seoul
      131 20 APR 25 WON Hyundai Motor Kal susp ***** 500 Ch«il Sugar Daelim Ind Daewoo Corp Daewoo Heavy Oaishin Securities Dong Ah Phar Dong Suh Slock tMM *1000 400 1000 -200 -600 -300 500 Kangwon Ind Kia Motor ***** ***** unch -500 ***** ***** ***** ***** ***** ***** Kolon Ind
      131 words
    • Article
      Lock icon Tokyo
      514 20 Reuter TOKYO share prices closed higher yesterday ;on momentum carried over from Saturday, and while gains were tempered by some afternoon j profit-taking, confidence j pushed the Nikkei Index to a new peak, brokers said. We are above 27,000 and going strong," said Mr Tadaaki Uehara. deputy general manager
      Reuter  -  514 words
    • Article
      Lock icon Bangkok
      164 20 Reuter THE SECURITIES Exchange of Thailand Index rose 4 35 points to 402.35 yesterday on a turnover of 7.719,024 shares valued at 724.54 million baht. AM 23 BAHT Ao Kham Thai Ayudhya Investment 364 -6 Bangkok Agro-lnd 142 4 Bangkok Bank 331 unch Bank Of Ayudhya 360 *2 Charoong
      Reuter  -  164 words
    • Article
      Taipei
      275 20 APR 23 NT t 42 70 07 All Sincere Indus Asia Cement Cathay Cone. Chang Hwa Bank Chang Loong Chia Hsin Cement Chin Hain Floor 389 80 00 86 30 372.00 67 50 65 50 23 20 -►0.22 2 1.5 13 -05 *3 0 6 Kuoehan Oev Lee Chang
      275 words
    • Article
      Manila
      76 20 APR a Aco|« Mining PESOS 0 01 *f. Marsteei Oriental B Phil Overseas unch Philex B 0 043 0 035 040 unch unch 0 028 0 001 Picop B 23 50 ■0 25 PLOT 170 2 San Miguel B 170 unch 0 018 0 022 4-0 001 85 uicn
      76 words
    • Article
      Selected indices
      118 20 HONGKONG Hongkong Index Mondoy 1.727 62 Friday 1.705 44 Week ago 1.677 43 Hang Seng Index Monday 2.***** Friday 2.***** Week ago 2.551 96 All Industrials Monday Closed Friday ***** Week ogo 2.3303 NEW YORK Dow Jones Friday 2.***** Thursday 1.987 40 Week ago 2,***** TOKYO Nikkei Average
      118 words
    • Article
      Lock icon Users to help in chip access
      73 20 AFP MAJOR USERS of foreignmade semiconductors are to form a group in Tokyo in mid-May to help overseas manufacturers improve their access to the Japanese market, sources said on Sunday. The group will gather complaints about the Tokyo market from microchip exporters in the
      AFP  -  73 words
    • Article
      Lock icon No comment from Wharf
      70 20 Reuter WHARF (HOLDINGS) Ltd has no comment on market rumours that it is planning to acquire British retailer Storehouse PLC. Brokers said Wharf might offer 340 pence for each Storehouse share. valuing the company at about £1.4 billion. Storehouse lost 17 pence to close at 286p
      Reuter  -  70 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      367 20 NOTICES COMPANIES ACT, CAP. 50 SRI HIGHLANDS CARRIAGE SERVICES (S) PTE LTD Passed on the 22nd day of April 1988 At an Extraordinary General Meeting of the Company held at 10 Anson Road #27-02 A International Plaza Singapore 0207 on 22 April 1988 the following Special Resolution were passed: It
      367 words
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      Page 20 Advertisements Column 2
      302 20 THE COMPANIES ACT, CAP. 50 JIAN FENG HANG PRIVATE LIMITED (In Voluntary Liquidation) SPECIAL RESOLUTION PASSED ON 18 APRIL 1988 At an Extraordinary General Meeting of the Company held at 561-C Balestier Road. Singapore 1232 on 18 April 1988, the following Special Resolutions were passed: (a) That Jian Feng Hang
      302 words
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  • INTERNATIONAL COMAPNY NEWS
    • Article
      Lock icon GM lowers sights to cope with competitive squeeze
      754 21 NYT TRADITIONALLY the most optimistic of American carmakers, General Motors Corp is lowering its sights to cope with the competitive squeeze expected in the early *****. In a presentation to securities analysts in New York last Friday, company officials said they planned
      NYT  -  754 words
    • Article
      Lock icon Cable TV firm being bought for US$1.55b
      187 21 Reuter COMCAST CORPORATION and Tele-communications Inc will purchase SCI Holdings Inc for US$l.55 billion, the companies announced in New York on Sunday. The three cable television companies said they had entered wito a definitive agreement providing for the acquisition of 100 per cent
      Reuter  -  187 words
    • Article
      Business done on the SES
      3568 21 BIO 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".
      3,568 words
    • Article
      Lock icon General Motors to phase out purchase of Firestone tyres within 2 years
      334 21 NYT THE GENERAL MOTORS Corp. in a move to reduce the number of companies from which it buys tyres in North America, announced over the weekend that it would phase out its purchases of Firestone tyres within the
      NYT  -  334 words
    • Article
      Lock icon Stevens accepts takeover offer from Pepperell
      486 21 US textile maker to be sold for USsl.2b NYT J P STEVENS CO. one of America's biggest textile producers. has accepted a US$l.2 billion takeover offer from West Point-Pepperell Inc. a major competitor. Wall Street sources said on Sunday that the offer, amounting to
      NYT  -  486 words
    • Article
      Lock icon Two major American publishing companies beef up defences against takeover attempts
      559 21 NYT TWO MAJOR publishing and broadcasting companies in the US have moved to strengthen their takeover defences in the wake of a hostile bid for Media General Inc that challenges its dual classes of stock, which have different voting
      NYT  -  559 words
    • Article
      COMPANY MEETINGS
      86 21 GUINNESS MALAYSIA Berhad: 24th AGM at Sungei Way Brewery. Petaling Jaya. Selangor today at 11am. THE INSURANCE CORPORATION OF SINGAPORE Limited: 18th AGM at OBS Board Room, 46th Storey, Tower Block. DBS Building. 6 Shenton Way. Singapore 0106 today at noon. SEMBAWANG SHIPYARD Limited: 19th AGM at the
      86 words
    • Article
      Unit trusts
      292 21 Managers' prices for April 26 jopon G' fund Sfcenton THrih fund 1*1 081 1 66* 081 UOB Management Singapore Unit Trust Unitund 084 084 rse Cow*«'c« 0 94 100 (Jmbond-*-100 1025 fKe Savings Fund 080 086 S pore P'og fund Spore Sec Fund ose 063 0 42 068
      292 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      145 21 NOTICE OF REMOVAL We are pleased to advise that our office is now located at 133, Cecil Street. #1602 Keck Seng Tower, Singapore 0106. Telephone *****65 Telefax *****81. ALEXANDER AMOS ASSOCIATES PTE. LTD. Attention: All Entrepreneurs A KICK-OFF FROM HOME-GROUND ITS OUT rr*\fT( TO ALL OVER THE WORLD TO ALL
      145 words
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  • Article
    Society to look into risk, insurance management
    365 22  -  TONG SUIT CHEE TO PROMOTE and develop risk management practices that's the objective of a newly-formed association. Mrs Chan Seek Cheng, president of the new society called the Risk and Insurance Management Association of Singapore (Rimas), has confirmed that the society was approved
    365 words
  • Article
    Lock icon Manila comes up with tough anti-nuclear bill
    479 22 Move likely to have dramatic effect on US bases Reuter THE PHILIPPINE Senate introduced a tough anti-nuclear bill on Monday which could have a dramatic effect on US military bases in the country and provoke a major confrontation with Washington. The "Freedom from
    Reuter  -  479 words
  • Article
    'Fake Dunhill' woman released
    176 22 A BUSINESSWOMAN was released yesterday after spending three nights in prison for flouting a court order forbidding her from selling fake Dunhill watches in her Lucky Plaza shop. Ong Teow Hong, 32, a mother of two, was given a stern warning by Judicial Commissioner J Grimberg
    176 words
  • Article
    Singapore's grand design
    277 22 "THE SINGAPORE economy must export. We have tried cost reduction and increased productivity. And we still need some more," said Trade Development Board's chief executive officer, Mr Yeo Seng Teck. "We have found that design is one area which was effectively used by other countries," And that,
    277 words
  • Article
    UOB's growth strategy
    125 22 AS A locally-incorporated bank. United Overseas Bank's obligation to Singaporeans naturally differs from the role played by foreign banks. With several foreign banks conceding that they could no longer be "all things to all men", local banks such as UOB will have to ensure that the man-in-the-street
    125 words
  • Article, Illustration
    Lock icon Philippines wants total access to US military bases
    208 22 Reuter DEFENCE SECRETARY Fidel Ramos said on Monday that the Philippines should be given total access to all areas of the US military bases it hosts, including top secret sections now off limits. Gen Ramos told a breakfast forum the Philippines would
    Reuter  -  208 words
  • Article
    Lock icon Campaigning in South Korea draws to a close
    477 22 UPI HEATED CAMPAIGNING for parliamentary elections in South Korea drew to a close yesterday amid last-minute pleas for support and charges of irregularities from major contending parties. Candidates must stop all campaign activity at 1500 GMT and wait for voting to start
    UPI  -  477 words
  • Article
    Lock icon Laos to hold first national polls since Reds seized power in '75
    214 22 UPI LAOS will soon hold nation-wide elections for local, provincial and national "people's representatives". the first such polls since the communists formally seized power in 1975. official Radio Vientiane said. The radio broadcast, quoting a decree by Prime
    UPI  -  214 words
  • Article
    Lock icon Comex gold and silver
    82 22 Reuter COMEX GOLD futures traded US$O 20 lower to US$O.6O higher in quiet trade yesterday, following the dull tone in London dealings. June gold traded US$O.lO higher at U*****.50 an ounce, after trading between U*****.00 to U*****.20 Light trade buying helped buoy the metal in the
    Reuter  -  82 words
  • Article
    Lock icon Major cities rising in Asia
    96 22 AFP ASIA will have nearly half of the world's 25 biggest cities by the year 2000, according to a study published yesterday by the Asian Development Bank Research Journal. "The situation in the year 2000 will be a long way from that in 1950 when
    AFP  -  96 words
  • Article
    Seow wants Queen's Counsel to head commission of inquiry
    405 22 FORMER SOLICITOR GENERAL Francis Seow wants a Queen's Counsel to head the proposed commission of inquiry which is to look into claims by nine former detainees that they were tortured and that they were not involved in any Marxist conspiracy. In
    405 words
  • Article
    Lock icon Taiwan to boost role in regional development
    273 22 Reuter TAIWAN, sitting on a mountain of idle cash, might extend cheap loans to members of the Asian Development Bank (ADB), central bank officials said yesterday. A high-level Taiwan delegation. led by central bank governor Chang Chi-Cheng, will leave today for Manila to
    Reuter  -  273 words
  • Article
    Lock icon Tension rises before trade talks
    181 22 Reuter TAIWAN and US trade negotiators meet in Taipei today amid stirrings of anti-American feeling as Washington leans heavily on the island to narrow its huge trade surplus. Farmers have threatened a wave of street protests in Taipei during the four-day session when American officials
    Reuter  -  181 words
  • LATE FILE
    • Article
      Lock icon Chinese sink new oil well
      51 22 AFP CHINA National Offshore Oil Corp has sunk a new well in the South China Sea yielding more crude than any other Chinese offshore installation. Tests indicated that the well, at the mouth of the Pearl River west of Hongkong, can produce 26.000 barrels a
      AFP  -  51 words
    • Article
      Lock icon Soviet trade with Chinese province
      41 22 AFP TRADE between the Soviet Union and northeast China s Heilongjiang province surged to 21 million Swiss francs (US$l5.l million) in the first three months of this year, the New China News Agency said yesterday. AFP
      AFP  -  41 words
    • Article
      Lock icon N Korea urges military alert
      31 22 AFP NORTH KOREA yesterday renewed its call for a full military alert against US-South Korean military drills, saying the exercises could lead to "all-out war." AFP
      AFP  -  31 words
    • Article
      Lock icon Daewoo staff turn down pay plan
      47 22 UPI WORKERS at South Korea's second largest car making company, Daewoo Motor, yesterday rejected a comprcn mise pay increase plan agreed on by union leaders and management, dashing hopes that a two-week-old strike at its four plants couid be settled. UPI
      UPI  -  47 words
    • Article
      Japan in bid to solve row with US
      40 22 JAPAN'S Agriculture Minister Takashi Sato will fly to Washington today in a last-ditch attempt to solve a row over Japan s restrictions on beef and orange imports. Agriculture Ministry officials said yesterday.
      40 words
    • Article
      Lock icon 'New indirect tax in Japan needed'
      53 22 Reuter A TOP Japanese politician, Michio Watanabe, said the country should introduce a new indirect tax, in part to fulfil its international pledge to continue to expand its domestic economy, rather than rely on bond issues to cover spending on social welfare, overseas aid
      Reuter  -  53 words
    • Article
      Lock icon Slower growth of Lankan economy
      36 22 Reuter SRI LANKA's economy, plagued by ethnic unrest and adverse weather, grew by 2 per cent last year compared with 4.3 per cent in 1986, a government report said yesterday. Reuter
      Reuter  -  36 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      83 22 New top quality building Near Tanjong Pagar MRT Station Excellent parking Whole floor of approx. 10, OCX) s.f. Subdivisions from 1,600 s.f. Jones Lang Wootton Marketing Office: 222 0653 222 0682 Head Office: 220 3888 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex, fax,
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      Page 22 Advertisements Column 2
      3 22 1 I 1
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      Page 22 Advertisements Column 3
      154 22 SHANGRI-LA INTERNATIONAL SHANGRI-LA EXECUTIVE ACCOMMODATION PLAN CHINA MALAYSIA Tt iAILWD THE EXECUTIVE ACCOMMODATION F'L-XN OFFERS YOU: Single or twin accommodation at the same special rate Daily breakfast Late check-out of 4pm No pre-payment required Shangn-La Family Plan. No additional charge for child aged 18 years and under occupying the same
      154 words
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  • SHIPPING TIMES
    • Article, Illustration
      Johor Port offers more land for lease at free trade zone
      341 23  -  By G DURAIRAJ JOHOR PORT is offering large tracts of land for lease at its free trade zone to stimulate economic activity and international trade at the port. The Free Trade Zone (FTZ), which is the only one in
      341 words
    • Article
      Lock icon Shanghai and Tianjin to become free ports
      210 23 Bernama SHANGHAI and Tianjin have taken steps to become free ports in China, according to the China Daily. Shanghai harbour, China's largest port, has signed a contract with a Hongkong-based shipping concern to rent its 5.000 sq metre bonded warehouse and a 10.000
      Bernama  -  210 words
    • Article
      PAT to introduce 'closing' charges
      235 23 THE PORT Authority of Thailand plans to introduce "closing" charges on shipping lines once its gantry cranes begin operations late this year. A source told the Bangkok Post once the new system is introduced, all shipowners and agents must inform the PAT of their ships'
      235 words
    • Article
      Lock icon Indonesia-Philippine run delayed due to disputes
      89 23 Seatrade Week BICKERING between Filipino and Indonesian traders could derail the first liner venture of Philippine National Lines a thrice monthly service between Davao City in Mindanao and Menado, Eastern Indonesia. A 13,00 dwt bulker chartered by ANL has yet to make its maiden
      Seatrade Week  -  89 words
    • Article
      CONSORTIA
      166 24 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf. Straits ports/Australia. Stratfs/Japan and the member lines ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/AUSTRALIA): Australian National Line Australia Straits Container Line
      166 words
    • Article
      Nigerian line to buy 10 coastal ships
      113 24 THE NIGERIAN National Petroleum Corporation (NNPC) plans to purchase 10 coastal tankers at a cost ot US$ll3 million over the next five years, the deputy managing director of the corporation, Michael Olorunfemi, said. Delivering a paper on investment opportunities in the oil industry
      113 words
    • Article, Illustration
      Lock icon Tanker market likely to remain firm this year
      772 24 Lloyd's Shipping Economist ALTHOUGH tanker and, especially, VLCC freight market earnings remain below the levels of late 1987, this has not been translated into weaker secondhand values. Indeed, recent deals confirm the underlying firmness of the tanker sale and purchase market with
      Lloyd's Shipping Economist; Source: Broker estimates  -  772 words
    • Article
      Lock icon Sovereign of the Seas fails to meet Solas requirements
      262 24 Seatrade Week THE UNITED STATES Coast Guard has determined that Royal Caribbean Cruise Line's newest and largest cruise vessel, the Sovereign of the Seas, does not meet the safety of life at sea (Solas) requirements for fire safety construction. The Coast
      Seatrade Week  -  262 words
    • Article
      INDEX TO ADVERTISERS
      799 24 AB Shpg V 5 ABC Contoiner VIII 1 Accord Shpg VI 3 Africo Ocean X 2 Alltrans VII 3 American Tpt X 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API III 2/3 Arrow lines IX 5 ASCI
      799 words
    • Article, Illustration
      The 'ultimate dream' ship
      78 24 A BRITISH shipping tycoon plans to build his "ultimate dream" liner more than twice the size of any liner now afloat. Indian-born Ravi Tikoo said the ship has eight restaurants and the world's largest casino. i The £240 million dream ship project was I awarded to
      78 words
    • Article
      Lock icon US seeks fairer trade practices in FE, Asian nations
      368 25 Reuter THE UNITED STATES government will continue to seek fairer maritime trade practices in Far Eastern and Asian countries, a senior US Transportation Department official said. Japan, South Korea. Taiwan, and China must lift restrictions on shipping activities to ensure efficient
      Reuter  -  368 words
    • Article
      Port Authority of Thailand's net profit increases by 124pc
      537 25 THE PORT AUTHORITY of Thailand s net profit for the first half of fiscal 1988 jumped by 124.39 per cent from the same period of the previous fiscal year, up 205.64 million baht to 461.44 million baht, PAT director general Pongsak
      537 words
    • Article
      Felixstowe box traffic up
      149 25 CONTAINER traffic through the Port of Felixstowe during 1987 leapt by close to 118,000 to a new record total of 757,455 containers. A statement from the port said the increase was more than 18 per cent on the 1986 figure but converts to 1,053.000 TEUs. It
      149 words
    • Article
      Lock icon Mombasa rail line cut
      55 25 Reuter KENYA'S main rail line from Mombasa port to landlocked Uganda has been cut by landslides near Nairobi after heavy rain, the official Kenya News Agency (KNA) said. All train services between Nairobi and Kisumu on Lake Victoria and Malaba on the Ugandan border, have been
      Reuter  -  55 words
    • Article
      Lock icon TANKER RATES
      265 25 AFP THE TANKER market was dominated by volatile oil prices and by the increase in tension in the Gulf over the past week. London brokers E A son say in their latest report. Despite the risks, there was nevertheless good activity in the Gulf, with most sizes of
      AFP  -  265 words
    • Article
      Lock icon Inadequate studies leave Chinese ports idle
      196 25 Reuter CHINA, whose transport system is bursting at the seams, has wasted millions on little-used ports and railways, an official newspaper said. Economic information said the state spent 300 million yuan (US$Bl million) on a pier with two automatic loaders for coal in the
      Reuter  -  196 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7790 30 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      7,790 words
    • Article
      SHIPS IN PORT
      1324 31 AT CONVENTIONAL WHARVES NutO JOyO Tf. Ar P5C PIC 26 04 0800 2e04 C'X 26 04 2300 28 04 0700 Vessel KEPPEL WHARVES An I. a' EquO*0< HI Ho ♦e'-g < f*Oti *0'0 <w f O *»o*a 8 w;e We~doro *>4e<J Natso* SO Nago a«d S»'0'»* P'ae
      1,324 words
    • Article
      WEEKLY FREIGHTS
      1057 32 THE FREIGHT market finished on Friday on a bearish note for Panamax bulk carriers but vessels of around 25.000 tonnes dw showed increased resistance, shipbrokers said. A significant decline was registered for the voyage from the US North Pacific to Japan which received US$l2 05 against $12 45
      1,057 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      798 23 TIMES STP Distributors H JARDINE SHIPPING AGENCIES (Ret No 242*4 OOK) %%ll## Cantonment Road #12 05 Southpomt. Singapore 0208 H MlVff Tel *****11 TELEX NO RS ***** If CTTTifI TERMINAL CFS Tel *****18 220 I fc,Va I BOOKINGS Tel *****34 235 JARDINE SHIPPING AGENCIES SON BHD n I .UC ■W»n^l
      798 words
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      Page 23 Advertisements Column 2
      85 23 Inadequate studies leave Chinese ports idle, Page 111 PAT's net profit up 124 pc, Page 111 ALTHOUGH tanker and, especially, VLCC freight market earnings remain below the levels of late 1987, this has not been translated into weaker secondhand values. Page II THE UNITED STATES government will continue to seek
      85 words
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      Page 23 Advertisements Column 3
      666 23 ;v; BALT-ORIENT LINE ''A> Baltic Shipping Co Regular Services from South East Asia to IMted Kingdom and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****33 USA IS CLOSER TO YOU WITH MAERSK OAKLAND 17 DAYS LOS ANGELES 18 DAYS Feeder from! Port This »ee» Arthur M
      666 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      637 24 Hapag-Lloyd CONTAINER SERVICE FROM UK/CONTINENT BREMER HAVEN R DAM/ ANTWERP LE HAVRE SOUTHAMPTON KAOS PORE HONGKONG HSIUNG VOY NO HAMBURG BENAVON OSAKA BAY KITANO MARU CITY OF EDINBURGH LARGS BAY KAMAKURA MARU CALLING 23/5. 26/5 27/5 TYO 30/5 CONV/SEMI-CONTAINER SERVICE TO MED EUROPE BREMERMALTA CASABLANCA LEIXOES BILBAO AMSTERDAM HAMBURG HAVEN
      637 words
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      Page 24 Advertisements Column 2
      17 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 24 Advertisements Column 3
      404 24 CHARGEURS RE UN IS f FMOuißifS ??737ia ?2SS«S' S port S D EJTEtO 7MM la rioja urn CAT AHA RCA II TOGS AGENTS SINGAPORE Ifl *****11 TtLtX RS:i6M fAX *****51 Optorg Shipping Pte. Ltd I Port *pi*ng *****01'?/3 Petaling Jaya Pfnang *****5 EL M A j_E VPRESA LINE AS VARITIVAS
      404 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1080 25 The Straits Steamship Group w\ Mansfield Container Shipping Pte Ltd P&O Containers COWTAIfCRSHIP SERVICE TO UK/COffnfgwfT r«m RKlanf S tan Hburf B lum R dam Lo Ha W S 41 1 30»4 23/05 IMS IMB 17)05 22/05 HAMBURG EXPRESS 30AM 01*5 IMB 21/05 23/05 24/05 2MB KOWIOON MY 044)5 05/05
      1,080 words
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      Page 25 Advertisements Column 2
      726 25 NOTICE NOTICE WITH IMMEDIATE EFFECT BRUNING SHIPPING TRADING PTE LTD. SINGAPORE IS NO LONGER AN AUTHORIZED REPRESENTATIVE OF RETLA SHIPPING COMPANY FOR ANY OF THEIR SERVICES. FUTURE ENQUIRIES j SHOULD BE DIRECTED TO EURO ASIA -J CHARTERING CORPN PTE LTD, PORE, TELEPHONE 225-6326 AS <1 MANAGING AGENTS. EUROPE KiOM SERATOR
      726 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      438 26 HXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPIHG LINES IRANIAN SERVICE Singapore 30/5 Loading for BANDAR ABBAS KYOWA LINE PNC/S. PACIFIC SERVICE Singapore Loading for: A VESSEL 10/5 LAE, PMB. RBL. HRA MICRONESIA SERVICE OCEANIA EXPRESS V-13 4/5 OCEANIA EXPRESS V-14 25/5 YOKO ASIAN LILY V-41 30/4 LOAD FOR
      438 words
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      Page 26 Advertisements Column 2
      535 26 T3 I&.S.LINE urn i smrrmt Cf'J" n*» FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Mfm4 > w Consortium CONVtNTIONAL SERVICE TO PERSIAN GULF VESSEL HAISBON KUANTAN S PORE LOADING EOR 20/5 DUBAI. DAMMAM CEN AGENTS CROWN MARINE CO (PTE) LTD TEL: *****88 (9 Lines) FAX NO: *****69 SUB AGENTS KUALA
      535 words
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      Page 26 Advertisements Column 3
      311 26 Va FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO DUBAI: SAILING 6/5 FOR: PORTO, LISBON, ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER. TENERIFE, LASPALMAS. TUNIS, VALLETTA, IRUN, CEUTA, ALGIER ISTANBUL U.S.A. PORT MORESBY, RABUAL, LAE A MADANG NEW CALEDONIA FIJI ISLANDS NOUMEA SUVA/LAUTOKA 2/6 2/6 AUSTRALIA/ NEW ZEAI ANn SIN ADELAIDE
      311 words
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      Page 26 Advertisements Column 4
      1097 26 SHIPPING TIMES, Tuesday. April 26, 1988 uti isumaiutfi orrviCf EVER CLAMOUR EVER GENERAL EVER GLOBE EVER GAINING Bound (FE/CARIB/USEC/EURO/FE) SGP NKG KSG KLC PUS OSK TYO hcm ru OAI ilw 25 3/5 45 ft C is ?.*> C LHV RW FIX MSG SCP 15 1M 13/5 115 17« »<. Jj
      1,097 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      692 27 PACIFIC INTERNATIONAL LINES AV\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT QOWA KOTA EAGLE VOY SIN jkt sbv VOY SIN pgd hkg kao kee mtc vo« mgo kob bus 19SB Sid In PI 28/4 20NB 2/5 4/5 9/5 11/5 13/5 17/5
      692 words
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      Page 27 Advertisements Column 2
      294 27 NORBUL T* NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO: INDIA/PAKISTAN PORTS TO: KOREA JAPAN PORTS NORBULK NBJO2 LOADING FOR TOKYO/INCHON -LOADS INDONESIA PORTS. SUBJECT TO CHANCE WITH/WITHOUT PRIOR NOTICE SPORE MARATHON UNITED AGENCT PTE LTD TEL KL P* S P YEO SHPG 4
      294 words
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      Page 27 Advertisements Column 3
      545 27 irm i BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT a/5 an vn vn m u« lit 145 1M IM express container service from uk/continent MAM B HAVEN DAM HAVRE STOW Benjvon Vj ed Si ed Ued Sailed Sj ed CKakj Bay Si. Ed Si ed Sailed Sailed Sailed Kitano Maru
      545 words
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      Page 27 Advertisements Column 4
      649 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SANUDEM INDONESIA P.T. TMKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE fVSI/VOY S PORE BILBAO ANTWERP H BURG/ RDAM/ADAM BREMEN L.J. BONTANG/14WB 1-3/5 9/6 12/6 SRIWIJAYA/23W8 10-13/5 20/6 2<fc OCEAN PRIMA/10WB 20-22/5 30/6 3/7 PALEMBANG/9WB 3-5/6
      649 words
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      Page 27 Advertisements Column 5
      518 27 BOUSTEAD SHIPPING AGENCIES 1^ HTONEYWA V234W ItfX Apr 1 I Dm Itt UIIIM vJil LOIKAW V/133W pagan mm AVA V/ 90 PA AN VI24W BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon P°re P Kelang Penang Bangkok 30 AprflO May 2/5 May S/7 May 2» BANK LINE
      518 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      645 28 Kline KAWASAKI KISEN KAISHA. LTD. N. AMERICA-ATLANTIC COAST NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP VIA FEEDER VOY *INDO 14 23/4 VOY LB 13 19/3 N. AMERICA PACIFIC SOUTH-WEST EUROPE (Member of ACE) ACE CONCORD ORIENTAL CHIEF TRANSWORLD BRIDGE NEPTUNE DIAMOND
      645 words
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      Page 28 Advertisements Column 2
      389 28 Accepting LCL and containerised cargoes Direct to South Africa NEDUOYD COLOMBO 5234F OSAKA MARU 5J39F VIRGO 0301F HAYAKAWA MARU 5037 C VENTO 0106 VAAL 5135 C NEDLLOYD COLOMBO 5234G issS-aaa TERMINAL'CFS Tel *****18 220 BOOKINGS Tel. *****34-235 □OIUGIUAMA l_ll\lE S PORE PKELANG PENANC INCHON BUSAN INSA VJO3 5 Mjy j
      389 words
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      Page 28 Advertisements Column 3
      908 28 •i a j INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Vgapor* P fling Pfnanj laidrn* tor Mo»h«r «si 6t r»«»f 8. f«ee« TICER BAY V 35 ORIENT SUCCESS V 107 S 0 MANIPUR V 37H TICER BAT V X INDIAN COURIER V JON ORIENT SUCCESS V 101 SO NAGALAND V
      908 words
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      Page 28 Advertisements Column 4
      768 28 STRAITS/PERSIAN GULF SERVICE: GOLDEN BEAR Cotofflbo Karjcfii DuMi GOLDEN HARVEST Colombo Karachi Duba< CHINA SERVICE DAI TUN SHAN Oalwn A VESSEL MuingPj Shanghai GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 73 Ttlnfc Aver Strati SINGAPORE 0104 TEL SMJMB (10 LINES) Fax UUSM Spct P Ktlan| Pervanj 17/11 May 1/9 June
      768 words
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      Page 28 Advertisements Column 5
      537 28 26, 1988 PHIU ORI€NT UN€5 PT€ LTD HEAD OFFICE 63 ROHNSON BOAO -07 1? I AFflO ASIA BUILDING SINGAPORE 01C6 TELE* PS ***** PH<LI ffi* *****76 MIDDLE EAST/FAR EAST FCL VESSEL ETASMGAFOK EES DUBAI OAMMAN KUWAIT BOMBAY. DONA. MUSCAT. BAHRAIN ABU DHABI SHARJAH, JEDDAH HODEIDAH AOABA H KONG KOBE KfELUNG
      537 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      808 29 S pore NEPTUNE AGENCIES PTE LTD F General Enquiries Tel: *****77 Ttl No Terminal CFS BOOKINGS *****22 *****53 P Kelang NEPLINE SDN BHD MH K Lumpur NEPLINE SDN BHD *****33 FE EU/AUST TPA.SEA k I M r\ tuni|AJr nn billL unu <VIWM INWARD/OUTWARD NEPTUNE OR FNT 1 INPQ. ITn p,tun
      808 words
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      Page 29 Advertisements Column 2
      409 29 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN. INCHON STRAITS/KOREA SERVICE Vessel s Name ETD BS BKK S PORE PKELANG BUSAN •Gloria«MN 14/04 2504 01-03/05 04 05/05 17-15/05 M Enterprise 806NK/04 07/05 10-12/05 13-14/05 22-27/05 No 9 Donam«Q3N 30/04 IMB 15-21/05 22-23/05 02-04/08 No I
      409 words
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      Page 29 Advertisements Column 3
      725 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** rtNANC p KriAfur S HANDLING SYSTEM CO SDN BHD PASIR GUDANG FB SHIPPINC'AGENCY SON BHD T« BMW? JcTSe 95 A. Jin Merant!
      725 words
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      Page 29 Advertisements Column 4
      22 29 13 J5 ff. 0 MADJU SENDIRIAN BERHAD "20-12 Tong Eng Building Singapore 0106 Tel *****87 3 REGULAR VESSEL SERVICE TO BELAWAN WEEKLY
      22 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      298 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEI 225 6868 <30 Lines FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD V£B DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE EUROPE SPORE *CBO "l NACA A WERP ROAM |HBURG|RSTK 18/5 21/5 31/5 I ROSTOCK 288 |14/5 I— I 6/6
      298 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      193 30 m Regional Weather M t N 1 154 m 1 i» i 1 :V ss> 3 K <2V. > S9? IS 09 L* IS |^55^BSI^^§1 HAS SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wmd direction with speed m knots Wove height LEGEND. R Thunderstorm Temperature c y^\
      193 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1186 31 tUSP\ CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fa*. *****15 FIXED CONSOLIDATION SERVICE FCL/LCL TO. CHINA, HONG KONG, BANGKOK, P.KELANG, KEELUNG, KAOSHIUNG, MANILA, BUSAN, TOKYO/YOKOHAMA KOBE, OSAKA, FELIXSTOWE, HAMBUBG ALL EUROPE BASE PORTS ALL USA PORTS Also accepts to other destinations. ACCEPTING FCL/LCL AND CONVENTIONAL: S'pore to Osaka
      1,186 words
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      Page 31 Advertisements Column 2
      134 31 UNIPACIFIC TRANS. TRADING AGECY PTE. LTD. RE IRAQI LINE IMO' $T*T| f «T( Hr«lS( FOR MARITIME TRANSPORT WEST BOUND SERVICE LOADING FOR Aoioa Bigfxttd THROUGH B It to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA t BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING CONTAINERS CONVENTIONAL CGO FOR MAIN PORTS
      134 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      361 32 /I/ Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** IMLintermaritime SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION DIRECT MONTHLY SAILINGS KK SPORE PK PL REU DBN CT TIMOR ISLAND V7r 27/4 S/5 7f5 ;7/ j •Also calls E.l. t P E GENERAL AGENTS: HAI
      361 words
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      Page 32 Advertisements Column 2
      699 32 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CAN ADA/MEXICO AND FRENCH WEST INDIES B Vll2 2S/4 12/5 STUTTGART EXP korrigan V 122 2/5 i»/5 nuernbeg ATI Halifax. Montreal JUTLAHDIA V 132 9/S \*ii PUSSELDORf Exp Toronto, New York Baltimore. Portsmouth, Norfolk. Savannah ob le D Ne T°l
      699 words
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      Page 32 Advertisements Column 3
      739 32 M 7/7; CALL US ATP. KELANG PENANG J. BAHRU 1 P. GUOANG SINGAPORE 2 K. LUMPUR CONTAINER SERVICE *****53/*****11 04-*****2/4 *****3 07-*****8 07-*****3. *****5. *****0. *****1 '02-*****22 *****88 TO EUROPE FEEDER B BUTANC 437 B BUTANC 439 B BUTANC 441 B BUTANC 443 P KELANGI MTHR VSL «<M B PC
      739 words