The Business Times, 28 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 THURSAY, APRIL 28, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    262 1 AP Dow Jones higher WALL STREET PRICES edged upwards in quiet trading yesterday morning, continuing its recent tentative advance The Dow Jones average rose 8.29 points to 2.053.05 at 1430 GMT in the first hour of trading. Gainers outnumbered losers by about five to three. Analysts said
    AP  -  262 words
  • Article, Illustration
    Profit-taking drives Tokyo prices lower
    203 1 AFTER four consecutive days of advances, profit-taking on the Tokyo Stock Exchange drove share prices lower yesterday. Trading was subdued due to a lack of fresh positive factors and the approach of the long Labour Day weekend. The Nikkei Index which had gained a total
    203 words
  • Article
    US$ ends mixed against major currencies
    133 1 THE US DOLLAR yesterday took a neutral stance towards news of a 2 3 per cent growth rate for the US economy in the first quarter. It finished mixed against major currencies on Asia's foreign exchanges. Dealers said the preliminary growth rate released by
    133 words
  • Article
    Rubber prices close at highest level since January 1984
    423 1  -  By BOEY KIT YIN RUBBER PRICES in Singapore continued their upward trend yesterday, hitting a new high of 245 cents at noon before closing at 243.50 cents a kilogramme Rubber brokers were expecting a "small" downward adjustment in prices after the
    423 words
  • Article, Illustration
    Wearnes building up global IT network
    660 1  -  Group mounts massive investment programme By JEFFREY TSANG THE WEARNES Group has embarked on a massive three-year investment and expansion programme to build up its network of high technology subsidiaries around the world. Exact figures are not available, but the investment is said to
    660 words
  • Article
    Lock icon ADB meeting to discuss China, India issues
    194 1 Agencies THE ASIAN Development Bank (ADB) annual meeting in Manila will discuss the effects of China's membership and India's heavy borrowing on its resources, according to an institution spokesman. The three-day meeting of the Manila-based institution, which admitted China in 1986, opens today
    Agencies  -  194 words
  • Article
    Lock icon Qatar processing oil here because of pipeline delay
    128 1 Reuter QATAR GENERAL Petroleum Corp (QGPC) has contracted to send an 800,000 barrel cargo of Qatar crude to a Singapore refiner next month because completion of a pipeline linking its domestic refinery with its main port has been delayed, oil trade sources
    Reuter  -  128 words
  • Article, Illustration
    Lock icon Rough sailing ahead for Roh, say analysts
    504 1 AFP THE SURPRISE failure of South Korea s ruling party to win a straight majority in legislative elections raises questions about President Roh Tae-Woo's ability to complete his five-year term, analysts said in Seoul yesterday. Near-final tabulations showed the ruling Democratic Justice Party
    AFP  -  504 words
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      141 1 oo I j Cassette Receiver K2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore: Phone *****33 Kuala Lumpur: Phone. *****33 Penang Phone *****5 *****1 Jakarta Phone *****5 Full report, Page 14 Regional markets, Page 16 World markets, Page 17 No other hotel in Singapore can welcome their guests with more
      141 words
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      Page 1 Advertisements Column 2
      283 1 See Page 8 THE MOVE BY THE Housing and Development Board to ensure that all its contractors have a certain number of trained workers is long overdue. And it is a move that other developers or organisations would do well to follow. Buyers have the right to buildings which do
      283 words
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      7 1 ADB: charting a new couraa, Page 10
      7 words
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      310 1 Focus, Page 9 Shipping Timet comet at a separate section today. Make ture you get your copy. Four Cards R>r The Price Of One <x> Hongkongßank V Cord i Hongkongßank V Coid hen you apply for either a Hongkongßank Visa V card or MasterCard, you get the other card FREE.
      310 words
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  • HOME NEWS
    • Article
      Unionised companies toe the NWC line
      575 2  -  By WILLIAM CHIA ALTHOUGH the economy grew strongly last year, unionised companies managed to restrain their wage demands in line with the 1987 National Wages Council guidelines. Ministry of Labour (MOL) figures show that five in 10 of 723 unionised companies in the private
      575 words
    • Article, Illustration
      Ong notes FairPrice's role in stabilising cost of living
      178 2 SINCE ITS FORMATION in 1983, retail cooperative NTUC FairPrice has distributed about $9 million in rebates to members and $5 million in dividends to shareholders. This has helped to stabilise the cost of living in Singapore, said National Trades Union Congress
      178 words
    • Article
      Council on the Aged names its members
      112 2 THE ADVISORY Council on the Aged one of the councils set up to implement the Agenda for Action named its 12 members yesterday. Among them are Mr Gan Cheong Chor, director (field) of People's Association; Mr Koh Cher Siang, Permanent Secretary (Community Development);
      112 words
    • Article
      Chad's now a call away
      82 2 FROM MAY 1, Singaporeans will be able to call number-to-number to Chad, the north African republic. With the extension to Chad, this service will be available to 187 countries. The Telefax service through Telecoms operator-assisted calls or international direct dial will also be introduced to
      82 words
    • Article
      NTI programs for Mac II
      86 2 THE Nanyang Technological Institute is to develop application programs for Apple Corps Macintosh II computer. These programs will be for areas such as computer-aided engineering, computer graphics, computervision, data acquisition and networking. To support the institute's research efforts, Apple chairman John Sculley donated three complete
      86 words
    • Article
      Brunei engages Pico to design World Expo booth
      211 2 PICO ART International has cornered the Asean market as far as the World Expo 88 in Brisbane, Australia is concerned. The local designer and builder of exhibition stands and props, which gained operational headquarters (OHQ) status in February, has just added Brunei
      211 words
    • Article
      SSE wins $6m patrol boat deal
      95 2 SINGAPORE SHIPBUILDING and Engineering Ltd (SSE) has been awarded a $6 million contract to built eight fast patrol boats for the Singapore Marine Police. Two of the 14.5-metre boats will be delivered within eight months. The rest of the boats will be built and
      95 words
    • Article
      Network of trade data for Asean
      111 2 A COMPUTERISED network of trade information linking the six Asean countries is expected to be set up by the end of the year, the executive director of the Asean Chambers of Commerce and Industry's working group on trade, Mr George Abraham, told SBC yesterday.
      111 words
    • Article
      Local companies learn valuable lessons from fair
      555 2  -  By LILIAN ANG In Hanover SINGAPORE COMPANIES which took part in Hannover-Messe Industrie 88, the biggest industrial fair in the world, are finding the experience worth their while Many of the 15 Singapore participants say they have earnt valuable lessons. The exposure had
      555 words
    • Article
      Police asked to look into unofficial mass protest by MRT train drivers
      265 2 THE POLICE have been asked by Singapore Mass Rapid Transit Ltd (SMRT) to look into the twoday "unofficial protest" by 60 train drivers last month. SMRT Ltd. operator of the railway, said "as the MRT service is an
      265 words
    • Article
      Detainees' relatives and friends want information
      277 2 THE FAMILIES and friends of the nine people being held by the Internal Security Department (ISD) since their arrests on April 19 have been trying every day to get some answers from the authorities. "We want to know when can we see them," said
      277 words
    • Article
      Commercial Affairs Dept moving to Treasury Bldg
      182 2 THE COMMERCIAL AFFAIRS Department is moving to the Treasury Building in Shenton Way in July, joining several other Ministry of Finance departments which are already there. The department, currently housed in the Central Provident Fund Building, will occupy the forty-second floor of the
      182 words
    • Article
      Hongkong retail chain investing $10m in first two local outlets
      356 2  -  By TIANG PEK YIN A S WATSON CO. a big name in consumer retailing in Hongkong, is spending $10 million on its first two outlets in the Republic. It will open its first outlet at Marina Square tomorrow and a
      356 words
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      237 2 The Microcomputer Industry Event Of the Year August 25-28, 1988 Hall 3, World Trade Centre Singapore PTE LTD I P i'-M SEC f f P y ft :r 4 c a The most successful microcomputer exhibition to date in Singapore is fast selling out about 70 per cent of the
      237 words
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      Page 2 Advertisements Column 2
      50 2 Hanover: ehow-and-sell dty, Paga 11 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! WORLD WIDE BUSINESS CENTRES (S) PTE LTDH #11-04/06 Peninsula Plaza. Tel: *****69 complete facilities telex fax copier word processing secretarial services conference room answering service long snort term lease vou name it'
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      46 2 l (^£-g[l eAg VI SRND BeTUeert ueuL uooKee. HCRC. .A eeeN i HIS IMC pnv FeFsTneßeD priced is Vrh ves 6FNC< H«S J "VT: SOJCMN »N THe SOKI V II II fC£v\ H»s roes k K* M V" 1 t CVENWM STAND*HO CO LTD ItU—t«M "»fc
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    • Miscellaneous
      Page 2 Miscellaneous Column 2
      150 2 iSMMA Max/ Not* Min (°C) 18/11 Cloudy 09-02 Cloudy 25/12 Cloudy 32/24 Rain 36/26 Sunny 30/25 Clear 30/14 Clear 22/14 Sunny 12/00 Cloudy una* 24/21 Rain 12/01 Cloudy 26/18 Rain 13/00 Clear 18/11 Cloudy 29/14 Clear 08-07 Cloudy 19/08 O'cast 28/18 Clear 21/03 Rain 07-02 Clear 35/26 Cloudy 14/07 Cloudy
      150 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Beijing's bid to rejoin Gatt group could be a major test case
      297 3 Reuter CHINA'S re-entry to the 96-nation Gatt trade body was debated in Geneva on Tuesday during a second round of talks by a special working party, delegates said. The closed-door session, due to continue yesterday, followed a first
      Reuter  -  297 words
    • Article
      Lock icon Philippines to tighten rules on foreign investments
      214 3 AFP PHILIPPINE Senate President Jovito Salonga said in Manila on TOesday the Senate would adopt sWffer policies on foreign investments to prevent abuses by multinational corporations. The senate would draft laws requiring foreign firms to plough a portion of their profits back into
      AFP  -  214 words
    • Article
      Lock icon US concerned about Manila's proposed anti-nuclear law
      175 3 AFP THE UNITED STATES has expressed its concern to Philippine authorities over a proposed law that would ban nuclear arms from the Philippines, State Department spokesman Charles Redman said on Tuesday. The proposal, currently being debated in the Philippine parliament, would forbid nuclear
      AFP  -  175 words
    • Article
      Lock icon M'sian advertising industry recovering
      224 3 Bernama ES MALAYSIA'S advertising industry surged forward last year when it saw an expenditure of M 5408.7 million or M 517.4 million more than 1986, the Malaysian Advertisers Association (MAA) said in its bulletin on Monday. The MAA said this robust performance seemed to indicate that
      Bernama ES  -  224 words
    • Article
      Lock icon Delhi report denies bribes in Bofors deal
      232 3 Reuter AN INDIAN parliamentary inquiry on Tuesday brushed aside charges that bribes or commissions were paid to help Swedish armsmaker Bofors clinch a US$l.3 billion artillery sale. Its 404-page report released in parliament said there was "no evidence to substantiate the allegations of
      Reuter  -  232 words
    • Article
      Lock icon Cambodia top issue at superpower talks in Paris
      266 3 Reuter CAMBODIA topped the agenda in two days of talks on South-east Asia between leading American and Soviet officials which ended in Paris on Tuesday, French government officials said. Moscow provides economic and military backing for Vietnamese troops who have occupied Cambodia
      Reuter  -  266 words
    • Article
      Lock icon Taipei seeks US aid to join Gatt
      213 3 AFP TAIWAN has officially asked the United States for help in joining international organisations so it can play a greater role in the world economy, Deputy Economic Minister Wang Chien-shien said in Taipei on Tuesday. Taiwan has the US delegation to assist the
      AFP  -  213 words
    • Article
      Lock icon Malacca woos Taipei investors
      121 3 Bernama MORE THAN 500 guidebooks in Mandarin on "Investment opportunities in Malacca" have been distributed to Taiwanese investors. Malacca State Development Corporation (MSDC) general manager Iskandar Dzakurnain Badaruddin said on Tuesday that some of the guidebooks had been placed at the Malaysia Friendship and Trade Centre
      Bernama  -  121 words
    • Article
      Lock icon Thai GDP seen growing faster than projected
      328 3 International reserves rise by USsl.sb to USss.7b Reuter THAILAND'S gross domestic product appears to be expanding faster this year than a 5.8 to 6.3 per cent growth projected earlier by the Bank of Thailand, according to the bank's deputy governor. Chavalit Thanachanant. He
      Reuter  -  328 words
    • Article, Illustration
      Lock icon Riyadh breaking off all ties with Teheran
      440 3 AFP SAUDI ARABIA on Tuesday said It was breaking off relations with Iran, and gave Iranian diplomats in Riyadh and in Jeddah one week to leave the country. An official source in Riyadh said the break concerned not only diplomatic relations, but also
      AFP  -  440 words
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      146 3 -€2k WHY YOU WOULD ENJOY THE PLAZA SERVICE APARTMENTS. ;&'SM T v s Jm lEa^* ft* <® r «.<*#* .rAt the most attractive rates in town, The Plaza Service Apartments offer you all the comforts of home, plus the luxury of a fine hotel, plus: ideal location along Nicoll Highway
      146 words
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      186 3 M-1724L DOT MATRIX PRINTER I >- 1» m A\ K The new Brother M-1724L hands you excellent 24- pin combined text/graphics capabilities at a very affordable price. Take advantage of the latest integrated software. The proof will be in your hands. Every sheet can have impressive looking characters and the
      186 words
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  • REST OF THE WORLD
    • Article
      Lock icon Reagan seeks votes against trade bill
      521 4 Size of Senate votes a central issue Reuter PRESIDENT REAGAN, faced with a defiant Congress, was struggling to muster enough Senate votes to thwart a controversial trade bill aimed at helping US companies compete in foreign markets. The battle over the bill, which seeks
      Reuter  -  521 words
    • Article
      Lock icon Moscow eases visa rules for businessmen, scientists
      333 4 UPI THE SOVIET UNION will streamline visa requirements for businessmen and scientists visiting the Soviet Union as of May 1 in a move to promote contacts and trade with western nations. The announcement, given a cautious welcome by Western embassies in Moscow, was
      UPI  -  333 words
    • Article
      Lock icon Soviet police to face public scrutiny
      252 4 Reuter SOVIET POLICE will be held accountable to citizens under a new law designed to reinforce the glasnost (openness) drive of Kremlin leader Mikhail Gorbachev, the newspaper Leninskoye Znamya said on Tuesday. The law, still in the draft stage, will require government officials, courts
      Reuter  -  252 words
    • Article
      Lock icon Group calls for tougher EC action against S Africa
      163 4 AFP SIXTY-SIX African, Pacific and Caribbean (ACP) countries have urged European Community nations to impose new, tougher economic sanctions on South Africa. The ACP group, which has special links with the EC, called on Tuesday for a ban on coal, gold
      AFP  -  163 words
    • Article
      Lock icon Turkey accused of undemocratic behaviour towards EC
      304 4 Reuter GREECE has accused Turkey of undemocratic behaviour towards the European Community and said a dispute over Cyprus showed Ankara would have to alter its approach if it wanted to join the Community. Diplomats said the row cast a cloud over recent attempts
      Reuter  -  304 words
    • Article, Illustration
      Lock icon Bonn gets new Defence Minister
      235 4 AFP WEST GERMAN Chancellor Helmut Kohl named West Berlin's Regional Justice Minister Rupert Scholz as the new Defence Minister on Tuesday. Mr Scholz is to take over the new functions from Manfred Woerner on May 18 to allow the minister to prepare for his new
      AFP  -  235 words
    • Article
      Lock icon White House happy with growth but some economists still worried
      443 4 Reuter THE US ECONOMY'S resilient performance in the first quarter has delighted the White House but failed to allay the nagging doubts of some private sector economists about the nation's huge trade gap The economy is on track for moderate
      Reuter  -  443 words
    • Article
      Lock icon Fewer jobs in US manufacturing sector
      373 4 AP THE NUMBER of Americans manufacturing goods for a living has fallen in this decade, although such arels as transportation equipment, plastics and furniture are bucking the trend, the US Census Bureau reported in Washington on Tuesday. Overall, employment in manufacturing businesses fell by
      AP  -  373 words
    • Article
      Lock icon Thatcher welcomes Tokyo investments
      152 4 AFP BRITISH Prime Minister Margaret Thatcher said in an interview published in Tokyo yesterday that her government welcomed more Japanese investments in her country. She made the remarks in an interview with Yomiuri Shimbun. Japan's largest circulation daily, on Tuesday, a week before Japanese Prime Minister
      AFP  -  152 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      875 4 ARRIVALS Operator Service Loco From number time SIA SQ1I 0040 LAX/NRT LUFT LH45I4 0140 FRA/DXB IC IC555 0655 MAA SIA SQ411 0800 BOM MAS MH640 0820 KUl HM HM60I 0900 SEZ MAS MH651 0910 PEN MAS MH607 0920 KUL AC AC888 0925 YYZ/LHR/BOM SIA SQ103 0950 KUl
      875 words
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      62 4 REMIX 3 from the Philippines r, y v 1 V* u V i J 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
      62 words
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      59 4 fI 11 \l JW IF I\i The business person's choice, every I I II I II I Tuesday. Thursday, Saturday and II 1 w\ \j II t Sunday Leaving Changi Airport at JL 22:05 hours and arriving at Lester B. D ea-son international Airport the Allowing day Call your Travel
      59 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      36 4 Doonesbury ma! Thiß THREE AM/605' TOGETHER AGAIN. MIKS? i R 1 8 W R 9 M < m m if IMS IT A x CLEAN BRSAK? I'M NOT SURE YOU HAVB INSURANCE. DON 7 VOU, Ml KB?
      36 words
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      442 5 If you're looking for the perfect opportunity to buy, sell or merge, there's someone, somewhere in the world waiting to meet someone like you. And that's where Chase gives you an edge that other banks can't match. Not only because of our expertise in mergers and acquisitions, but also because
      442 words
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  • MONEY AND EXCHANGES
    • Article, Illustration
      World interest rates
      195 6 Indicates the average of the prime lending ratee of 12 major banka In S'pore Interbank market rates (offer/bid) on April 27 us$ DM SWFC Yen 7 days 7 6 7/8 7 3/4 J/8 3 5/16 3/16 1 7/8 3/4 4 1/4 1/8 1 n* 7 6 7/8
      195 words
    • Article
      Money markets
      60 6 THE OVERNIGHT rate on the Singapore interbank market remained unchanged at 2% per cent yesterday. The term rates rose by 1/16 point each. S$ Interbank rates at 1 2 noon yester day: OFFW BID Ow2 3/4 2 5/8 1 -month 3 1/4 3 1/8 2-monlb 3 1/4 3
      60 words
    • Article
      Government securities market
      83 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****S 28.7.88 3.06 3.01 3.05 3.00 6 months BY*****H 22.9.88 3.11 3.06 1 year BY*****Z 23.3.89 3.21 3.16 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID
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    • Article
      Forex markets
      1279 6 SINGAPORE: The US dollar closed mixed against most major currencies yesterday after fluctuating narrowly on shortcovering and selling interest, in thin and featureless trading. The dollar ended slightly lower at 124.90/125.00 yen compared with New York's 125.05/15 close but a shade firmer against sterling at U551.8740/50 against U551.8750/60.
      1,279 words
    • Article
      Lock icon IMM
      234 6 Reuter MOST IMM CURRENCY futures ended on Tuesday with small losses after easing in thin late trading. Prices fell to fresh session lows after mid-after-noon on local and light retail selling with activity concentrated in Japanese yen. Sell-stops were hit near 0.*****5 for June yen, taking the contract to
      Reuter  -  234 words
    • Article
      Comex gold/silver futures
      180 6 Gold futures on April 26 100 troy ounces. USS per troy ounce Opon Hlgti Low Seme *1* ***** 451.00 447.50 449.80 0.90 May 449.80 0.90 Jun 451.50 452.70 448.30 451.30 1.20 Aug 456.70 456.70 452.50 455.70 1.10 Oct 461.80 ***** 458.20 460.40 1.10 DK 465.50 446.60 461.50
      180 words
    • Article
      Asian $ market
      247 6 Asian market ASIAN DOLLAR deposit rates closed little changed from opening levels yesterday, after a day of quiet trading. News of a 2.3 per cent rise in US first quarter GNP data was within market expectations and had little impact on trading. Operators were awaiting the release of US personal
      247 words
    • Article
      Simex
      479 6 JUNE EURODOLLAR on the Simex yesterday opened four ticks higher than Tuesday's close at 92.48 due to the lower-than-expected US GNP deflator while the GNP figure was within market expectation. However, trading range remained tight as higher oil prices and talk of an Opec agreement to cut output checked
      479 words
    • Article
      Options
      1674 6 CURRENCY FUTURES OPTIONS W#dn#sday April 27, 1988 DEUTSCHEMARK (8IMEX) M oy 88 coll IB 1 «ey 88 p« its High Low Sod High Low Son 5 4 CAS 55 CAS 56 CAB 57 287 CAB 58 191A 186 CAS 59 94A 90 4 60 26A 23 328 36 61
      1,674 words
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      80 6 fvAMPACfff 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 per set, they are easy
      80 words
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      2 6 IB B4NQUEINDOSUEZ
      2 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon Indonesia considers taxing bank deposits
      406 7 AFP THE INDONESIAN government is studying the possibility of taxing interest earnings on bank deposits, according to press reports in Jakarta. Finance Minister Johannes Sumarlin was quoted as saying on Monday that the government was studying ways of taxing interest earnings from time deposits and
      AFP  -  406 words
    • Article
      Lock icon Dutch banks urged to improve profitability
      204 7 Reuter FACED with depressed share prices, Dutch banks have no option but to improve their profitability if they want to continue to expand, the Dutch central bank said in its 1987 annual report. Bank shares dropped over one-quarter of their value in the aftermath
      Reuter  -  204 words
    • Article
      Lock icon Freezing of debt payments costs Brazil US$5b
      244 7 Reuter BRAZILIAN Finance Minister Mailson Nobrega said on Tuesday Brazil's yearlong freeze on payments on its commercial debt cost the country US$5 billion. Mr Nobrega did not specify where the US$5 billion would have come from, but a ministry spokesman said he was
      Reuter  -  244 words
    • Article
      OCBC cuts rates once again in ding-dong home loan war
      316 7 THE HOUSING loan war has turned into a ding-dong battle among three local giants Oversea-Chinese Banking Corp. United Overseas Bank and DBS Bank. In a swift reply to yesterday's interest rates reduction by UOB, OCBC has decided to quote matching
      316 words
    • Article
      Lock icon Bank of NY shareholders back merger plan
      292 7 AP BANK OF NEW YORK Co said on Tuesday that a final tally showed 82.5 per cent of shares voted backed the company in its hostile US$l billion-plus offer for Irving Corp. Irving, one of New York's biggest banks, has been urging its
      AP  -  292 words
    • Article
      Lock icon Malaysian banks still lagging behind in computerisation
      267 7 Bernama ES COMPUTERISATION in Malaysia's banking industry is about two years behind Singapore and Thailand and further still behind the US, Australia and Europe, a banker said. Bank Bumiputra Malaysia Bhd's corporate group chief general manager Mohamad Said Mohamad Ali said computers had
      Bernama ES  -  267 words
    • Article
      Lock icon Code aimed at erasing abuses being drawn up
      386 7 FT INTERNATIONAL banking supervisors are drawing up a code of conduct for banks aimed at stamping out abuses of the banking system for purposes of crime, fraud and tax evasion. The proposed code, which is based on a recent agreement concluded by
      FT  -  386 words
    • Article
      Elders IXL Ltd signs US$200m loan deal
      395 7  -  Package said to be largest in S'pore this year By ALVIN TAY Banking Correspondent AUSTRALIA'S major conglomerate. Elders IXL Ltd, yesterday signed a US$2OO million loan agreement in Singapore with 17 Japanese banks. The 18-month loan is syndicated by the Yasuda Trust and
      395 words
    • Article
      Lock icon 'Asian NIC currencies should track yen'
      386 7 AFP THE CURRENCIES of Asia s newly industrialising countries (NICs) should move "more or less" in the same direction as the yen, West German Bundesbank president Karl Otto Poehl said in Tokyo on Tuesday. "It would be desirable if the success of these countries
      AFP  -  386 words
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      Page 7 Advertisements Column 1
      36 7 U-Drive J4D fro*?* 0 91 m fcrZ-.i Includes Return airfare. tied <V- Hreakfast throughout your stay seofu Wood's car on unlimited mileage. htts of other benefits. swoops anglo French travel *10-0.1 Asia Chambers. Tel: 222 422.
      36 words
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      Page 7 Advertisements Column 2
      117 7 Welcome to a stopover in Germany. •*.<> >1 T ~jK? variety of packages with convenient connections, scenic routes and hotel accommodation. Post the coupon for the full story on Hansatours. Find out how much you can see, and how little it costs. Wherever you go in Europe, either on business
      117 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Opec considers Nopec's cut offer
      455 8 Reuter A KEY OPEC panel was to meet in Vienna yesterday to consider an offer by seven non-Opec nations to cut their output by 5 per cent as a first step towards a world oil cartel to boost prices. The offer came after the first
      Reuter  -  455 words
    • Article
      Rubber
      304 8 SINGAPORE The market closed higher yesterday with May One RSS buyers quoted at 243.50 cents a kg, up one cent from Tuesday's close. Dealers said after a steady opening at around overnight levels, prices rose slightly towards midday on some hedge shortcovering and underlying physical interest. But trading was
      304 words
    • Article
      RAS and MRELB
      235 8 prices in S cents/kg, FOB in bales NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 245.00 246.00N 245.00 246.00N Int 1 RSS May 88 243.50 244.50N 243.50 244.50 Int 1 RSS June 243.50 244.50 243.50 244.00 tot 2 RSS OP 242.00 244.00N 242.00 244.00N Int
      235 words
    • Article
      SSR and SMR
      75 8 (cents/kg) AAAY 1988 JUNE 1988 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 235.00 237.00N 235.00 237.00N SSR 50 233.50 235.50N 233.50 235.50N MRELB Buyers Sellers Buyers Sellers SMR CV 396.50 398.50N 397.50 399.50N SMI? 1 409.50 411.50N 410.50 412.50N SMR 5
      75 words
    • Article
      KL Tin
      198 8 THE PRICE of tin on the KLTM ended one cent lower at M 517.32 a kg yesterday as a continued lack of interest led to dull trading. Buyers remained on the sidelines because of currency factors, which saw the local price continue to hold a £20 premium over
      198 words
    • Article
      Palm Oil
      411 8 Malaysian crude palm oil futures closed slightly steadier in moderate trading yesterday on the Kuala Lumpur Commodity Exchange. Dealers said prices rose further due to the higher Chicago soybean market. Reports of supply tenders in the offing had become the positive factors in boosting market sentiment. However, they
      411 words
    • Article
      Precious Metals
      347 8 HONGKONG: Gold closed slightly higher yesterday in trading that was dulled by a lack of activity on the foreign exchange market here. Some local profit-taking in the afternoon session was noted. News that nonOpec oil producers offered to cut exports caused concern over inflationary pressure and lifted crude
      347 words
    • Article
      Lock icon US may use funds from Inra I to take part in Inra II
      244 8 Bernama AMERICA may recycle funds from the first International Natural Rubber Agreement (Inra) to enable it to participate in the second agreement. There is optimism that the Congressional Budget Office (CBO) would lean in favour of rollover
      Bernama  -  244 words
    • Article
      Wheat
      207 8 WHEAT FUTURES on the Chicago Board of Trade, virtually ignoring the huge rally in soycomplex futures, closed to two US cents a bushel higher in relatively quiet dealings on Tuesday Spot May firmed cent at US$3.12. While deriving some mild support from the soybean rally, gains in wheat were
      207 words
    • Article
      Lock icon Sheet rubber prices hit record
      141 8 Reuter SHEET RUBBER prices hit record levels and crepe prices soared at Tuesday's Colombo auction which brokers attributed to "wild buying" and short-cov-ering. "There was wild buying with exporters snapping up all stocks on offer." one Colombo broker said after selling all his stocks. A
      Reuter  -  141 words
    • Article
      Produce Prices
      239 8 Chinese Produce Exchange Sellers' noon dosing prices on April 27 (SS/100 kg) Coconut oil Bulk FOB 107.00 Old drum FOB 117.00 New drum FOB 121.00 Copra Mixed (loose) 61 Pepper sellers Muntok white FOB NIW 1087.50 Sarawak white FOB faq NLW 1072.50 Sarawak special block FOB NLW 677.50
      239 words
    • Article
      Soybean
      105 8 SOYBEAN FUTURES on the Chicago Board of Trade soared 18% to 16 US cents a bushel on Tuesday, buoyed by a series of bullish news reports and rumours of US soyoil exports. May gained the most, closing at U556.77%. Buying by C D Commodities, estimated by traders at 10
      105 words
    • Article
      London markets
      320 8 London Commodity Exchange Suyer/Seller dosing prices on April 26 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee basis tn-store London, sellers option CIF London Moy 1076/1078 (1087/1089) High/Low 1086/1076 M 1098/1099 (1106/1107) High/Low 1107/1098 Soles (1824) Cocoa Moy 902/903 (893/894) High/Low 906/899 M 922/923 (914/915) High/Low 927/919
      320 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      69 8 CITROEN BX: the atom ADVANCE AUTOMOBILE (PTE) LTD 281 Alexandra Road, Singapore 0315 Tel: 472 0011 Telex: RS ***** SINCIT Showroom open: 8.30 am to 6.00pm (Mon-Sat) 10.00 am to 3.00pm (Sunday) bur Go for it. For only k, $54,500 ff PARF nett J* Call 472 0011 i f for
      69 words
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  • FOCUS
    • Article, Illustration
      Lock icon Tuning in to Korean electronics
      742 9  -  Revaluation of the won, big wage increases and protectionism in foreign markets have generated concern about the future of South Korea's US$l7 billion electronics industry. STEVEN BRULL reports on the outlook of the industry and explains how Samsung hopes to become one of the world's
      Reuter  -  742 words
    • Article
      Lock icon Industry has its share of problems
      928 9 Reuter SOUTH KOREA'S electronics companies, rapidly maturing into global concerns, are discovering that the world no longer treats them with kid gloves. Western nations, fearing the emergence of a second Japan, are erecting trade barriers and demanding that Seoul increase the value of the
      Reuter  -  928 words
    • Article, Illustration
      Lock icon Samsung Semiconductor out to prove its prowess
      767 9 Reuter SOUTH KOREA'S leading maker of semiconductors, Samsung Semiconductor and Telecommunications Co Ltd (SST), is out to prove that a second Asian nation can join the ranks of the developed world. The company is churning out some seven million 256-ki-lobit dynamic random access
      Reuter  -  767 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      91 9 Ru VI now offers a delicious m choice of set lunch menus at just $19.88++ per person. A And every lunch comes with j V a the kind of service that gives you m w time to enjoy your meal and still get M you back to the office on
      91 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1283 9 U3 qizxd UMDUQ wry* f\ V Os 25TH ANNIVERSARY SPECIAL: THE FIRST EDEN The Mediterranean World And Man: Strangers In The Garden Bpm, Channel 12 In tonight's episode, David Attenborough (left) visits a Sicilian port which exemplifies the rise and fall of the fishing industry along the western Mediterranean coasts.
      1,283 words
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  • PERSPECTIVE
    • Article
      Long overdue HDB move
      504 10 THE MOVE by the Housing and Development Board to ensure that all its contractors have a certain number of trained workers is, if anything, long overdue. This rule will lead to more skills and training in the construction industry as contractors awarded HDB projects will have
      504 words
    • Article
      ADB: charting a new course
      1461 10  -  Rapid changes in Asia have prompted suggestions that the Asian Development Bank reassess its strategies and policies. The debate now is focused on what kind of financing the ADB should provide in future. BT Financial Editor PATRICIA M SCHERSCHEL, covering the bank's three-day annual Board
      1,461 words
    • Article, Illustration
      Hanover: show-and-sell city
      1327 11  -  For the West German city of Hanover, trade fairs are a way of life. B J FERNANDES finds out why Hanover fairs are such crowd-pullers and what lessons Singapore can draw from them. B J FERNANDES NOTHING really prepares the first-time visitor to Hanover for one of
      1,327 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      321 10 These give you high-perfcraianee personal amuters. COMPAQ personal computers offer far more than advanced, high-speed microprocessors. Each offers a combination of innovative features which work with the processor to maximize overall system performance. So there's nothing to slow you down. Take system architecture for example. The COMPAQ DESKPRO 386/20 and
      321 words
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      Page 10 Advertisements Column 2
      44 10 Members: 32 countries from the Asian-Pacific region and 15 countries from Europe and North America Authorised Capital: US$23 billion. Portfolio: US$2l.B billion in project financing, involving 793 projects. 1987 lending: US$2.4 billion, up from US$2 billion in 1986. Staff: 1,605 from 39 member countries.
      44 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      302 11 These give you the highest-performance personal computers. :> >- helps you protect that data with internal highspeed fixed disk drive tape backup systems. Another graphic example of Compaq total system performance comes from the COMPAQ Video Graphics System. This system supplies VGA graphics with high-resolution COMPAQ Color and Monochrome Monitors
      302 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      661 11 CRYPTIC PUZZLE ACROSS 1 Stay with us in the college grounds (6) 7 Entrance to a snare? (8) 8 She is in Los Angeles, it would seem (4) 10 A sound yarn at its own level (6) J1 Bent on being a roguish fellow? (6) 14 He has his pet
      661 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Qadir stars for Pakistan
      490 12 AFP ABDUL QADIR put the West Indies into a spin as Pakistan seized the initiative in the final session of the fourth day of the third and final cricket Test in Barbados on Tuesday. Qadir, aiming his leg-breaks into a rough patch on the pitch outside
      AFP  -  490 words
    • Article
      Lock icon Minnesota sends Baltimore one step closer to record losing streak
      421 12 AP THE BALTIMORE ORIOLES took an early 2-0 lead but then lost 4-2 to the Minnesota Twins on Tuesday, staggering to within one game of the longest losing streak in American League (AL) history. Kent Hrbek hit two homers and
      AP  -  421 words
    • Article, Illustration
      Lock icon Davis and White get through
      271 13 Reuter TOP SEEDS Steve Davis and Jimmy White were heading for their seemingly inevitable showdown as the world professional snooker championship entered the quarterfinal stage in Sheffield, England, on Tuesday. White, the world No. 2, reeled off seven straight frames to lead English compatriot Tony
      Reuter  -  271 words
    • Article
      Lock icon Texas golf tournament boasts four of world's top seven players
      351 13 UPI DUKE BUTLER, director of the US$7OO,OOO Independent Insurance Agent Open in Texas which begins today, says the PGA tournament makes up in quality what it lacks in quantity. "We have a great field here," Butler said on Tuesday. "Obviously,
      UPI  -  351 words
    • Article, Illustration
      Lock icon Lendl overcomes jet lag to win in AT&T Challenge
      448 13 UPI IVAN LENDL, weary from jet lag and lack of sleep, beat Amos Mansdorf of Israel 6-4, 6-7 (7-3), 6-3 in the opening match of the US$5OO,OOO AT&T Challenge in Atlanta on Monday night. The world's top player led 5-3 in
      UPI  -  448 words
    • Article, Illustration
      Lock icon Jansher to meet Dittmar in Paris Open final
      170 13 Reuter WORLD CHAMPION Jansher Khan of Pakistan reached the final of the Paris Open squash championship on Tuesday when he beat countryman Zarak Jahan Khan 9-4. 9-3, 9-5 in a semi-final lasting 62 minutes. Jansher, seldom in trouble in the match, contented
      Reuter  -  170 words
    • Article
      Lock icon Spaniard wins first stage of tour
      277 13 Reuter HOME RIDERS took the honours in the Tour of Spain cycle race on Tuesday Spaniard Inaki Gaston won the first stage and his compatriot Laudelino Cubino gained overall leadership in Tenerife. Gaston completed the 210km section through mountainous terrain in five hours 25
      Reuter  -  277 words
    • Article
      Lock icon British ice hockey authorities slap life ban on drunken duo
      216 13 AFP TWO DRUNKEN ice hockey players who abused passengers on a plane and even prevented it from landing have been suspended for life by their club and fined £500 each. Craig Dickson and Andy Donald were returning to Scotland from
      AFP  -  216 words
    • Article
      Lock icon Regal Classic is 6-5 Keeneland favourite
      440 13 UPI REGAL CLASSIC, making only his second start as a three-year-old. has been installed as the 6-5 favourite in a ninehorse field for the U*****,000Added Blue Grass Stakes at Keeneland. The Canadian juvenile champion was named the clear favourite for today's major Kentucky Derby
      UPI  -  440 words
    • Article
      Lock icon Decision on Roche soon
      167 13 AFP SPECIALISTS treating cyclist Stephen Roche are to make a final decision early next month on whether or not the Irishman will be able to take part in the Tour of France. Roche, who is still suffering from a nagging knee injury in spite of an
      AFP  -  167 words
    • Article
      Lock icon Nissan and Jaguar eclipsing Porsche on Imsa circuit
      477 13 UPI THE DOMINANCE of the Porsche 962 is quickly fading on the International Motor Sports Association (Imsa) circuit. The win in the Grand Prix of Palm Beach last Sunday by the Nissan team of Geoff Brabham and John Morton was the second
      UPI  -  477 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      191 12 4 COURYOISIER XO-Where to eat, drink... The Szechuan Experience with the Meisan Difference Sawxjr the finest S:echuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art of true enjoyment. II MEISAN At the Meisan. c UA «sr^«Awr Swthumi. liulmctKtiy Mtiiot Royal Snn; Singapore
      191 words
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      Page 12 Advertisements Column 2
      219 12 Fashion*®*" andsahds? 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
      219 words
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      Page 12 Advertisements Column 3
      223 12 CATHAY PACIFIC AIRWAYS HONG KONG TRADE DEVELOPMENT COUNCIL present "A TmU of Hon# KgHtf fitduCH." The Lounge, Hyatt Regency Singapore Thursday, 28 April. 1988 5 p.m. Si 5* Co-sponsor: 7 UP Make-up by Lancome Paris Hair by Arthurs Salon Accessories by Le Bijoux Fantaisie I m 9 1 'S Zk
      223 words
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      Page 12 Advertisements Column 4
      312 12 t s o__ /3 J2L Right now when you order any three US beef entrees, the fourth is free. TT^\-r> When the beef is from cattle fed solely on quality grains and corn, your steaks can't be anything but And stay around for Jolly Hours, from 10pm to lam. Mondays
      312 words
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      Page 12 Advertisements Column 5
      255 12 HHIUI Catch the excitement and fever of Singapore's richest annual fashion and glamour event. 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) KMHMi For reservations call *****11 ext 721, The
      255 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      501 13 and entertain Hi Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are availaPle for private parties Located on the 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm. Ample free parking A® Century Park Sheraton Singapore 16
      501 words
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  • COMPANY NEWS
    • Article, Illustration
      Electro-Magnetic plans to set up factory in Thailand
      443 15  -  By CORRINA LIM VIDEO-TAPE MANUFACTURER Electro-Magnetic (S) Ltd, which is going public in Singapore, is already making firm plans to set up a factory in Thailand. It is also at an advanced stage of planning a marketing network in the East and
      443 words
    • Article
      Unit trusts
      280 15 Managers' prices for April 28 Japan Gr Fund Shenton Thrift Fund 1 61 081 1 66* 0 81 UOB Management Singapore Unit Trust Unilund 084 084 T K« Commerce 094 100 Unibond 100 1 025 Savings Fund 080 086 S pore Prog Fund S pore Sec Fund 038
      280 words
    • Article
      Chuan Hup (A)'s takeover off Mulpha (HK) approved
      274 15 A SCHEME allowing Chuan Hup Australia Ltd (CHA) to take over the shell listing of Mulpha (Hongkong) Ltd from the Multi-Purpose Holdings Bhd group has been given the green light by the Hongkong Stock Exchange. An MPHB statement yesterday said all conditions
      274 words
    • Article
      Business done on the SES
      3208 15 810 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".
      3,208 words
    • Article
      COMPANY MEETINGS
      269 15 UNITED OVERSEAS LAND Ltd: 25th AGM at the Board Room. 30th Storey. UOB Building, 1 Bonham Street. Singapose 0104. today at noon. SELANGOR PROPERTIES Berhad: 26th AGM at 4th Floor, Wisma Perdana. Jalan Dungun. Damansara Heights. ***** Kuala Lumpur tomorrow at 11.30pm. KRAMAT TIN DREDGING Berhad: 59th AGM
      269 words
    • Article
      Khoo family faces HK$30m paper loss
      481 15  -  Need to dispose of minimum of 15pc stake in HK company By LEE HAN SHIH A PAPER LOSS of HKJ3O million awaits the family of Khoo Teck Puat which is trying to get its listed vehicle in Hongkong out of a recent suspension. The
      481 words
    • Article
      YHS (M) and Gold Coin form poultry venture
      134 15 FOOD and beverage group Yeo Hiap Seng (Malaysia) Bhd and feedmiller Gold Coin Ltd have entered a partnership to market and distribute poultry and poultry products. The joint venture, Poultry World Sdn Bhd, was formerly known as Manymore Sdn Bhd. It was
      134 words
    • Article
      Foreign-owned shares of SIA, SPH to be listed
      220 15 FOREIGN-REGISTERED shares of publicly-listed Singapore Airlines Ltd and Singapore Press Holdings Ltd will be listed on the Stock Exchange of Singapore from next Tuesday. Currently, such shares are traded actively among foreign investors over-the-counter in offshore markets with relatively big blocks changing
      220 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      530 15 THE BANKQF NEW TORK COMPANDING Head Office: 48 Wall Street, New York, New York, *****, U.SA. Singapore Branch: 10 Collver Quav, #24-02 CXean Building, Singapore 0104. The Bank of New Company, Inc is a domestic money-center bank holding company providing a wide variety of banking and other financial services to
      530 words
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  • REGIONAL MARKETS
    • Article
      KL prices close mixed
      2940 16 THE KUALA LUMPUR stock exchange had another mixed to slightly higher close yesterday on reduced business volume. However, interest for selected quality issues and plantation stocks helped save the day somewhat against the generally unimpressive backdrop of lacklustre trading. TV3 shares continued to retreat for the
      2,940 words
    • Article
      Lock icon Little change at close
      1464 16 Hongkong Reuter HONGKONG share prices closed little changed yesterday on a steady US dollar and Wall Street's recent gains, brokers said. The Hang Seng Index ended the day 7.0 points higher at 2.592.02, while the broader based Hong Kong Index rose 4.06 points to 1,707.35. Turnover
      Reuter  -  1,464 words
    • Article
      Seoul
      114 16 APR 27 WON Kai Kangwon Ind Kia Motor ***** ieooo ***** -000 -000 -900 Cheii Sugar Koton Ind ***** -500 Daelim Ind ***** •1000 Korea Long Term ***** -1000 Daewoo Corp ***** -000 Lucky Ltd ***** -000 Daewoo Heavy ***** -000 Oriental Brewery ***** -000 Daiahin Securitiea Oriental Chem
      114 words
    • Article
      Lock icon Tokyo
      489 16 Reuter TOKYO share prices closed lower yesterday due to profit-taking after four straight advances, with a lack of fresh positive factors keeping trade subdued, brokers said. "There was buying in anticipation of Wall Street coming back and the GNP figure coming in on target.'' said strategist Craig Chudler of
      Reuter  -  489 words
    • Article
      Lock icon Sydney
      483 16 Reuter THE AUSTRALIAN sharemarket closed slightly firmer yesterday after directionless trading in all sectors, brokers said. They noted that buyers and sellers appeared to be waiting for strong signals from off-shore markets "Local fund managers are sitting on their hands at the moment but I don't think they know
      Reuter  -  483 words
    • Article
      Lock icon Bangkok
      163 16 Reuter THE SECURITIES Exchange of Thailand Index fell 1.50 points to 403.54 yesterday on a turnover of 4,801,997 shares valued at 508.44 million baht. 17 BAHT Ao Kham Thai 234 22 Ayudhya Investment 374 -16 Bangkok Aground 143 unch Bangkok Bank 327 -2 Bank Of Ayudhya 356 *4 Charoong
      Reuter  -  163 words
    • Article
      Taipei
      263 16 AM 27 AM Sincsra ln<Jua Asia Camant Cathay Con* Chang Hwa Bank Chang Loong Chia Ham Camant Chin Ham Flour China Cham China Dav China Eiact Wira China Gult Ptas China Rabar China Stsal NT I 4 12 84 50 91 50 304 00 71 00 WOO 24 20
      263 words
    • Article
      Manila
      84 16 1 APR 27 pesos tMarcoppar 0 45 -0 15 Maritaai Oriental B 0 044 0 002 AcO|a Mining Phil Ovaraaaa 0 034 0 W1 Anglo Phil 0 01 onch Pt»la« B 040 Apai Mining B AtlM Con 8 0 028 23 uncti -05 Picop B plot 171 Baguio Gotd
      84 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      764 16 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND FUNLAND RENT-A-CAR (PTE) LTD. (In Members' Voluntary Winding-Up) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final General Meeting of the Members of the abovenamed Company will be held at 151
      764 words
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      Page 16 Advertisements Column 2
      459 16 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND WESCITI DEVELOPMENT PTE. LTD. (In Members' Voluntary Winding-Up) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50 that the Final General Meeting of the Members of the abovenamed Company will be held at 151 Chin
      459 words
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      Page 16 Advertisements Column 3
      660 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SHANG WU HOLDING (PTE) LTD. NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP PURSUANT TO SECTION 290(1) (b)) At an Extraordinary General Meeting of the members of SHANG WU HOLDING (PTE) LTD. duly convened and held
      660 words
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      Page 16 Advertisements Column 4
      164 16 IN THE MATTER OF HIAP YONG HUAT FOOD INDUSTRIES PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS- HEREBY GIVEN pursuant to Section 306 of the Companies Act (Chapter 50) that a Final General Meeting of the members of the abovenamed Company will be held at the office
      164 words
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  • WORLD MARKETS
    • Article
      Lock icon Prices end on a higher note
      983 17 New York Reuter WALL STREET STOCKS closed higher on Tuesday in generally quiet trading, with blue chips recovering from a sudden late dive after seven non-Opec oil producers said they were ready to cut exports by 5 per cent in May and June if
      Reuter  -  983 words
    • Article
      Lock icon Equities open firmer
      1060 17 London Reuter LONDON EQUITIES stood mostly firmer yesterday at the official 0800 GMT opening with speculative demand underpinning prices, dealers said. The food sector remained lively with confectionery and drinks group Cadbury-Schweppes 56p higher at 387p after General Cinema, the largest US bottler of Pepsi-Cola, said it
      Reuter  -  1,060 words
    • Article
      Untitled
      1269 17 Selected indices HONGKONG Hongkong Index Wednesday 1.707 15 Tuesday 1.703 29 Week ago 1,***** All Industrial] Wednesday Tuesday Week ogo NEW YORK 2.3182 2.312 1 2.3185 Hong Seng Index Wednesday 2.S92 02 Tuesday 2.585 97 Week 090 2.593 93 Dow Jones Tuesday Mondoy Week ago 2.044 76 2.037 2 008
      1,269 words
    • Article
      Lock icon Texaco profits up
      68 17 AFP THE third largest US oil company, Texaco, has announced that it recorded net earnings of US$242 million for the first quarter double the corresponding period last year. The oil giant has just paid US$3 billion to Pennzoil in the biggest ever payment of its kind to
      AFP  -  68 words
    • Article
      Lock icon Cartier acquires Piaget and Baume et Mercier
      509 17 Market share overtakes rival Rolex's, says chairman Reuter FRENCH jeweller Cartier has acquired Swiss watchmaker Piaget and its subsidiary Baume et Mercier in a move aimed at extending its reach in the world luxury watch market. Cartier chairman Alain Dominique Perrin told a
      Reuter  -  509 words
    • Article
      Lock icon Rowntree rejects Nestle's U$4b takeover bid
      271 17 Reuter NESTLE SA, the giant Swiss food group, on Tuesday announced a U553.95 billion bid for British confectioners Rowntree PLC, but a Rowntree spokesman rejected the offer as unwelcome. "It is our intention to remain independent." the Rowntree spokesman commented. After a stock market
      Reuter  -  271 words
    • Article
      Lock icon USX, Bethlehem enjoy good profits
      179 17 NYT BUOYED by improvement in steel prices and higher demand tor some products, the USX Corp and the Bethlehem Steel Corp on Tuesday reported strong first-quarter profits. USX, which operates the largest steel producer in the US, reported a profit of US$l57 million, or 52
      NYT  -  179 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      259 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 pubfcty quoted in Canada and the United States through merger/reverse takeover of existing public shel corporations. riwmww rurwmra fjociinoni fnrOfTTwnon iw Suite
      259 words
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  • Article, Illustration
    Lock icon Marine industry's turnover crosses billion-dollar mark
    524 18  -  Brisk performances seen in all three sectors By LINDA CHEE A BROAD-BASED recovery last year brought new vigour to the marine industry, with turnover shooting past the billion-dollar mark to hit $1.1 billion. In its second year of growth, total revenue soared by 53
    Source:  -  524 words
  • Article, Illustration
    Carlton said to be close to buying over Regent Hotel in KL
    379 18  -  By LISA LEE LOCAL HOTEL and property group Carlton Hotel (S) Pte Ltd is poised to purchase the luxury Regent Hotel in Kuala Lumpur. The price is believed to be about Ms6o million, although a Carlton official told
    379 words
  • Article
    Lock icon Leakage of KL funds no cause for alarm, says don
    259 18 Bernama ES THE SUM of M 55.9 billion said to have leaked out of Malaysia from the private sector last year is nothing to be alarmed at, said Professor Mohahmed Ariff of the University of Malaya. The professor, speaking in
    Bernama ES  -  259 words
  • Article
    Lock icon 'More Malays joining DAP'
    103 18 Bernama SOME 1,000 Malays including former Umno members nationwide have signed up to join the Democratic Action Party (DAP) lately. DAP vice-chairman Ahmad Nor claimed yesterday. He said the DAP s efforts to woo more Malays to join were progressing "satisfactorily." The party expected more Malays,
    Bernama  -  103 words
  • Article
    PSA goes to Europe and US on a wooing mission
    229 18 IT MAY ALREADY be the world's busiest port but Singapore is working hard to woo more business to its harbour. The target this time is multinationals in Europe and the US. A Port of Singapore Authority study and promotion mission
    229 words
  • Article
    Lock icon Trade friction likely to dominate Takeshita's talks in Western Europe
    245 18 Reuter JAPANESE Prime Minister Noboru Takeshita begins his first trip to Western Europe on Saturday, with talks in Rome, Bonn and London expected to be dominated by trade friction and Japanese fears of European protectionism. The 10-day trip comes at
    Reuter  -  245 words
  • Article, Illustration
    Kindleberger tells why world escaped another depression
    449 18  -  By TAN KEE WEE SOME DIFFERENCES between the 1930s and the 1980s have prevented the onset of a world depression so far, Professor Charles P Kindleberger said in a public lecture yesterday. There are two important differences today. Firstly, we understand the workings
    449 words
  • Article
    Lock icon Comex gold and silver
    80 18 Reuter COMEX GOLD futures traded slightly higher early yesterday, buoyed by light nervous shortcovering amid uncertainty about the Opec talks with non-mem-bers in Vienna. June gold traded US$l.lO higher at U*****.40 an ounce, after trading between U*****.60 and U*****.80. Silver futures advanced in early dealings dominated
    Reuter  -  80 words
  • Article
    Lock icon Rise in US personal income
    184 18 Bernama US PERSONAL income rose 0.8 per cent, or US$29 6 billion, in March to a seasonally adjusted annual rate of U553,924.3 billion, the Commerce Department said. The increase was the largest since a 0 8 per cent rise in December and followed revised increases
    Bernama  -  184 words
  • Article
    Lock icon FEER editor and magazine choose to protect sources
    461 18 Bernama THE HIGH COURT in Kuala Lumpur was told yesterday that the Far Eastern Economic Review and its editor were prepared to risk not revealing their sources relating to the report on the purported proposal to sell Limbang to Brunei Darussalam Their
    Bernama  -  461 words
  • LATE FILE
    • Article
      Lock icon George Tan escapes jail term
      37 18 NST GEORGE TAN, former chairman of the Carrian group, has won his second battle to stay out of prison. The Hongkong government has decided to drop a fraud charge against him. NST
      NST  -  37 words
    • Article
      Lock icon Thai copyright bill may not pass
      57 18 Reuter NON-PASSAGE of a controversial copyright bill by Thailand's parliament today could lead to new elections as well as US trade retaliation. Politicians said there was a chance the bill might not pass because of a rift among Democrats, the biggest of four parties
      Reuter  -  57 words
    • Article
      Lock icon Pilots offered US$52,500 to stay
      58 18 AFP ROYAL AUSTRALIAN Air Force pilots yesterday were offered a U5552,500 bonus aimed at halting mass defections to Australian and Asian commercial airlines. Announcing the bonus offer which also applies to Army and Navy fliers, Defence Science and Personnel Minister Roz Kelly said the resignation
      AFP  -  58 words
    • Article
      Lock icon Japan's economy still expanding
      48 18 Reuter JAPAN'S economic indicators for February show that the economy is continuing to expand. The government Economic Planning Agency said in a report the coincident economic indicator, which moves in concert with business conditions, stood at 100.0 in February against 90.0 in January. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Tokyo urged to restructure loans
      46 18 AFP INDONESIA had asked Japan to restructure its outstanding yen-denominated loans to ease Jakarta's heavy foreign debt burden, the Tempo magazine said yesterday. Lobbying to secure the arrangement began when President Suharto met Japanese Prime Minister Takeshita in Manila last December.
      AFP  -  46 words
    • Article
      Lock icon Airbus unwilling to give up A340
      53 18 Reuter EUROPEAN AIRCRAFT consortium Airbus Industrie is unwilling to give up its long-range A 340 model in a possible cooperation deal with US manufacturer McDonnell Douglas Corp. Airbus supervisory board chairman Franz Josef Strauss said that in principle Airbus was ready to cooperate with
      Reuter  -  53 words
    • Article
      Lock icon Saudi-Iran rift won't affect talks
      39 18 Reuter SAUDI ARABIA and Iran are unlikely to allow their political rift to jeopardise this week's Opec talks but it will complicate the cartel's task of stabilising world oil markets, according to oil experts.
      Reuter  -  39 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      214 18 IN SHIPPING TIMES: Alternative form of NS for seafaring cadets? Page I Accurate statistics needed to train seamen. WOULD YOU LIKE TO LEARN HOW TO OPERATE THE WORLD'S SMALLEST ft MOST POWERFUL COMPUTER? YOUR MIND Mr Peter Martin of Australia will give a free preview of the 4-day ALPHA DYNAMIC
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      Page 18 Advertisements Column 2
      12 18 *W\ m it /T i V v\ PS i* ybnto/ de artier
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  • SHIPPING TIMES
    • Article
      Call to consider alternative form of NS for seafaring cadets
      496 19  -  By LINDA CHEE AN ALTERNATIVE form of National Service should be introduced to minimise the disruptive effect on the supply of officers to a labour-short shipping industry. Maritime employers and educationists say that many cadets get accustomed to the shore
      496 words
    • Article
      Employers need to get accurate statistics for training seamen
      444 19 ACCURATE statistics of practising officers and ratings are vital for employers and training institutions to know the supply and demand situation and determine the right number of seafarers to train each year. Costs of training must also be kept within reasonable
      444 words
    • PORTSIDES
      • Article
        Lock icon P & O workers continue strike
        82 19 P O workers continue strike Reuter FOUR PEOPLE were arrested by police as pickets tried to prevent Peninsular and Oriental Steam Navigation Co from breaking a 12-week strike by resuming ferry services. Police said the four were held after trying to obstruct the ferry port entrance by standing in front
        Reuter  -  82 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
      ABS to class six reefer ships for Del Monte
      123 20 THE AMERICAN Bureau of Shipping is to class six refrigerated vessels to be built for Del Monte Tropical Fruit Company, a division of RJR Nabisco. Four of the ships, which will be built at Astilleros Espanoles yard in Seville, will have
      123 words
    • Article, Illustration
      Lock icon Jurong Port can accommodate Panamax ships
      292 20 Periscope JURONG PORT can now accommodate Panamax-sized vessels at four of its newly deepened berths. The four berths. J4 to J7. with dredged depths ranging from 12.6 metres to 13 metres, are now the deepest general cargo berths in the region. Dredging operations were
      Periscope  -  292 words
    • Article
      Lock icon Better rescue facilities at P Klang
      208 20 Bernama RESCUE facilities at Port Klang are among the best in the region and boats in distress in the vicinity should have no fears on this score. Harbour Master Captain Mohamed Zulkifli said. Rescue operation could be launched immediately as support equipment such as
      Bernama  -  208 words
    • Article
      INDEX TO ADVERTISERS
      802 20 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrons VII 3 American Tpt X 4/5 Anship Int'l V 3 Anro Ser/ice IV 2/3 ANl 1 1/2 ARC line V 4 API III 2/3 Arrow lines IX 5 ASCI III
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      PORT CONDOTIONS
      292 20 ALL SURVEYS were conducted on April 11 Algeria Algiers Waiting time of up to three days. Argentina Buenos Aires 30 vessels operating. Bahia Blanca Waiting time of up to two weeks. Australia All ports Normal operation. Bangladesh Mongla 10 vessels operating. Chittagong 15 vessels operating. Brazil Salvador and
      292 words
    • Article
      Lock icon Nedlloyd chairman reveals major acquisition plan
      335 20 Lloyd's List NEDLLOYD chairman Henk Rootliep has unveiled a surprise DFL2 billion-DFL3 billion acquisition plan, moves to sell off more of the group's subsidiaries, and is forecasting a return to profit by the end of the year. In a new bid to calm the
      Lloyd's List  -  335 words
    • Article
      Lock icon Japanese ship sinks off Portugal
      92 20 AP A SOUTH KOREAN crew member was missing and 21 others were rescued on Tuesday night from a Japanese cargo ship that was reported sinking skm off the Portuguese coast, officials said. The 200 m Panamanian-regis-tered Reijin keeled over shortly after leaving Leixoes port, carrying
      AP  -  92 words
    • Article
      Producing multi-skilled officers
      939 21 THE COORDINATED training programme is aimed at attracting high-calibre people to become multi-skilled officers able to handle existing ships as well as highly automated ships of the 1990s In a move to enhance the status of ships' officers, opportunities for tertiary education should be available, and later
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    • Article
      Lock icon French dockers go on strike
      65 21 Reuter ALL FRENCH dockers downed tools on Tuesday after a nationwide strike call by their union, but management officials said the 100 per cent strike had not stopped shipping traffic in France s busy Channel ports. The strike is in support of union officials in
      Reuter  -  65 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8248 26 AARHUt Arthur Mae'sx Maersk Line April 26 Hamburg Express Trio* April 29(PK) Ville de Levant CM D Afrettement April 30 LJ Bontang Diasagetri May 1/3 Ever Loading Evergreen May 2 Ming Plenty Yang Ming May 3 Korngan Scan Dutch* May 3 Kowloon
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    • Article
      BUNKER QUALITY MARKET REPORT
      125 26 Area/Port Viscosity CST at 50C Density G/ML at 15C Water Volume 0/0 Africa/Red Sea Jeddah Durban Arabian Gulf 154/186 119/179 0.949/0.956 0.989/0.993 0.0/1.4 0.0/0.3 Ras Tanura Bahrain Europe 164/239 182/182 0.950/0.974 0.977/0.977 0.1/0.9 0.1/0.1 Rotterdam Hamburg Le Havre Genoa Far East 27/478 167/359 34/322 0.944/1.011 0.942/0.990
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    • Article
      LONDON FREIGHTS
      1156 28 GRAIN fixing on Tuesday was slow to emerge and rates for some Panamax bulkers appeared to be still edging lower, especially for forward loadings, shipbrokers said Shippers paid the steadier level of US$22 75 for May from the Gulf to South Korea but there was also unconfirmed market
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      957 19 Ifp TIMES KOi V. STP Distributors GGL E V^ss OOCL OigENT Oveiqeas Co*Lim\ Line Afents JARDINE SHIPPING AGENCIES (Reg No 242K4/ 00K) %ll|f# 200 Cantonment Road #12 05 South point. Sinppore 0208 Mliff TH *****11 TELEX NO RS ***** If AlllAfl TERMINAI/CFS Tel *****18 220 L fekViy 1 BOOKINGS TH
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      Page 19 Advertisements Column 2
      109 19 Training scheme to produce multi-skilled officers, Page 111 rasa JURONG PORT can now accommodate Pana-max-sized vessels at four of its newly deepened berths. Page II NEDLLOYD chairman Henk Rootliep has unveiled a surprise DFL2 billion-DFL3 billion acquisition plan, moves to sell off more of the group's subsidiaries, and is forecasting
      109 words
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      Page 19 Advertisements Column 3
      804 19 O.OP h. TIMES STP Distributors MAERSK LINE USA IS CLOSER TO YOU WITH MAERSK LINE OAKLAND 17 DATS LOS ANGELES is DATS Th» week Anna M Closing Time CY 4/5 2300 MRS CFS 4/5 1300 MRS anna m am M TACOMA an* M ROTTERDAM 8606 ANDERS M M(M AXEL M
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  • Page 20 Advertisements
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      593 20 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT A SEINE AMBURG EXPRESS KOWLOON BAY BENAVON OSAKA BAY KAGA LA PEROUSE ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN. AARHUS, GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN t S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT CONV/SEMI-CONTAINER SERVICE TO MED EUROPE MALTA CASABLANCA
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      Page 20 Advertisements Column 2
      19 20 I■ Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National \'wS<JWa Shipping Association.
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      Page 20 Advertisements Column 3
      292 20 CHARGEURS REUNIS f ENOUlBlFS ******4 FAX 22SM51 Optorg Shipping Pte. Ltd Port we*ang 2'3 Java Penang *****5 loading for SDESTERO Ittu gS C r LA RIOJA 11/05 27*5 12/gf n/gf CATAMARCAJI 20/05 5/OS aS *S 2»« *S«Mct to inducement E L M A EMPRESA LINE AS VARi t IMAS ARGENTINAS
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      Page 21 Advertisements Column 1
      1089 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT: LA SCiMC NAMKJRC EXPRESS UMIOON MY BENAVON OSAKA BAT KACA LA KROUSE LARGS SAT CITY Of EOIMURG* Offi IMB IMS 17/05 22« im» nm nn 2m» ma tin an vn an mn 31,05 02,06 04/06
      1,089 words
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      Page 21 Advertisements Column 2
      465 21 EUROPE mm IELfiIAH SENATM NEW TMK SENATM JAPAN SEIUTM AMERICAN SENATM VESSEL LOAD ASIAN SENATM AMERICAN SENATM SINOAPME SENATM LDNQON SENATM ACCEPTIM CAMP TI/FNMI MAN ME OTHER M fMTS M SENATOR UNII General Agent USA/PANAMA i«3 VESSEL ASIAN SEN nn m EF SOI 07.85 EF 111 14.85 EF 111 21.05
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      445 22 pXSINOSE MARITIME PTE LTDI mammm ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN TAKHTI IRAN VAHOAT Singapore 30 5 21/5 Loading for BANDAR ABBAS BANDAR ABBAS KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: A VESSEL 10/5 LAE. PWB, RBL, HRA MICRONESIA SERVICE OCEANIA EXPRESS V-13 4/5 OCEANIA EXPRESS
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      Page 22 Advertisements Column 2
      576 22 ■5 LINE KM A C9*M*M rig* FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ J Mfmber of the Ace Consortnm iUHY CONIftINfSiSED 10 FROM NORTH AMfRICA AIS! CCASi •FDR/MOTHER VESSEL CCN WE KOREAN WONIS SEVEN 50E CCN 44E/HANJIN SEOUL 83E HKC ME/PACIFIC PROSPERITY 18E HKC ME HANJIN KUNSAN 31E KJJ 43E
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      Page 22 Advertisements Column 3
      307 22 FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO DUBAI: SAILING 6/5 EURO-AFRICA SERVICES FOR: PORTO, LISBON, ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA. ALGIER ft ISTANBUL U.S.A. PAPUA NEW GUINEA PORT MORESBY, RABUAL, LAE ft MADANG NEW CALEDONIA FIJI ISLANDS NOUMEA SUVA/LAUTOKA 2/6 2/6 AUSTRALIA/
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      Page 22 Advertisements Column 4
      869 22 r aHlrriiNU iirnna, inursaay, April 1000 Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER CLEAMY EVER GIFTED *2/5 "i" TTO S C M L C LHV BOH FLX HSC SGP S33ST ffi $j**gS2> >8 m i, w »*-w 5, EVE* GLOBE iSI Sg JJS aj 2 J»* 1/7 9/7 I*7
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  • Page 23 Advertisements
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      700 23 r PACIFIC INTERNATIONAL LINES W*\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAMIT QOWA KOTA EAGLE VOY SIN JKT SBV VOY 19SB Std SW In Pt 20NB 2358 7/5 10/S 12/5 24N8 11 SB 21/5 23/5 26/5 12NB PGD HKG KAO KEE
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      Page 23 Advertisements Column 2
      289 23 'i> NORBUL NORBULK CARGO SERVICES LTD. r'* REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO: INDIA/PAKISTAN PORTS KL PK SP YEO SHPG 4 TRDG Kl '839M4 PK 36M101 PENANG TANJONG MARINE SON BHD TEL *****5 SABAH TRANSPAC KK TEL »4«8 *****S lo t t BREAKBULK SERVICE TO EUROPE/UK
      289 words
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      Page 23 Advertisements Column 3
      492 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Li Son* Hamtur| Eiprnt Kovloon by Out) tof U VOUH Urfi Bay EXPRESS CONTAINER SERVICE FRO** UK/CONTINENT HAH (HAVEN R OAM HAVRE STOW lenavor SaiM S*w S*«9 S*>M SanM Oukj (ay SaiM Sa<lad SaiM SaiM Sa<M Kitano Htm Sail* SaiM StiM SaiM
      492 words
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      Page 23 Advertisements Column 4
      635 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYI EXPRESS SEMI CONTAINERSNIP SERVICES SINGAPORE TO EUROPE VSI/VOY L.J. BONTANG/14WB SRIWIJAYA/23W8 OCEAN PRIMA/1 OWB BILBAO ANTWERP H BURG/ ROAM/ADAM BREMEN PALEMBANG/9WB 35 6 7/7 10 7 UNISIERRA/CP.29-03 12-146 I— 14/7 16/7 Sub|*ct
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      Page 23 Advertisements Column 5
      415 23 BOUSTEAD SHIPPING AGENCIES LOIKAW WI33W PAGAN VI27W AVA V/ 90 PA-AN V/124W BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Spore 2/10 May 3/5 May 4/7 Ma y V7May Loading for Rangoon P.Kelang Penang Bangkok BANK LINE TAUSALA SAMOA VI2N MORAYBANK VSN CLYDEBANK V23N SPORE RDAM HULL HMBG 11/5 8/6
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1016 24 K'linb 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 •PK/PNG 24/4 1/5 8/5 15/5 N. AMERICA PACIFIC SOUTH-WEST EUROPE (Member of ACE) ORIENTAL CHIEF TRANSWORLD
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      Page 24 Advertisements Column 2
      854 24 '/l€ INDIA EXPRESS CONTAINER SERVICE Accepting TIGER BAT V 3S MIENT SUCCESS V 107 S O MANIPUR V 37M TIGER SAY V X INDIAN COURIER V JON AGIOS ANDREAS V.CI ORIENT SUCCESS V 100 S O NAGALANO V MH TIGER BAY V 37 INDIAN COURIER V JIN ORIENT SUCCESS V
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      Page 24 Advertisements Column 3
      736 24 I GOLDEN LINE WSOIV GUAN GUM SWPING (PTE) LTD V S. Talot Ay* Strnl SINGAPORE 0104 Til SMMO (10 LINES) to SMJSN STRAITS/PERSIAN GULF SERVICE: Sport P*etan« Pen*, GOLDEN BEAR Colombo;Karachi/Dubai 17/11 Iby OOIDEN HARVEST Colombo/Kirachi/Dutei M Junt CHINA SERVICE OAI YUN SHAN (Mian J/S May A VESSEL HuanjPu Shanghai
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      Page 24 Advertisements Column 4
      365 24 PHILI onl€NT UN€5 PT€ LTD HfAD OH Cf 63 BOB NSON ROAD '07 17 'HO AS BU'lOlNj S'SGfirOfif D1C6 IflK BS ***** PH'll IAI r :-;Uir mm-v i r N KONG KOBE KEELUNG si li:. ;M H'Ui.WV lATTAJOA. BENGHAZI TMPOU. ALEXANDRIA PONT SAO. PIRAEUS YALETTA ADEN OJMOUTl UK/EUROPE SERVICE 7/5.
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      787 25 S pore NEPTUNE AGENCIES PTE. ITO. FE EU/AUST TPA/SEA o*nwal Enquiries: T«l: 27M877 Tel No Tkmiil CFS BOOKINGS 271V53 77K743 *****0 *****S *****1! *****11 P Kelang NEPLINE SON BHD 3HW7 *****11 *****« K Lumpur NEPLINE SON BHD. *****33 INWARD'OUTWARD ENQUIRIES *****44 1 uni Jwn. onu. mwi \\NEPTUNE ORIENT LINES LTD
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      Page 25 Advertisements Column 2
      479 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN. INCHON STRAITS/KOREA SERVICE VMMTS Him* ETO BS BKK S PORE PKELANC BUSAN *Cloria«>4N 1404 2MM 02 (0106 03-o*os lt-H/05 M Enterprise V&N 2MM 07/05 10-1205 13 1405 22 7705 No 9 Donam/KBN 3004 1(05 W-210S 22 2305
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      Page 25 Advertisements Column 3
      793 25 rage SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** rtNANG p KEIANC ssvss £ST 1W W *****1/*****1 Tta MA ***** FEBLOS" 22ndTuMBC Ma.n Building J*l»n
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      394 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 22b 6868 <30 Lines fAX 2262-139 22-***** TELEX RS ***** A B SSCMA RS ***** A B SSCAD Vtß DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE TO EUROPE S POREj-CBO "L NACA A WERP R DAM H BURG SOHLAND 3/88 6/5 J 81/5 bl/5 81/5
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  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      161 26 Regional Weather T i it X m v. t r* >7 i K m SB. i K h Ml m ri SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm T.mp.rotur. •<- X\ y Show*r Weather —*S Wod d*ect»oo with ipeed knots Rom vy Cloud,*, Wo..h..gh, Sw<oc«
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      2061 27 Vsp^ CSP SHIPPING AGENCIES PTE. .LTD. Tel: *****66 (16 Lines) Fa*: *****15 FIXED CONSOLIDATION SERVICE FQU.CL TO. CHINA, HONG KONG, BANGKOK, P.KELANG, KEELUNG, KAOSHIUNG, MANILA, BUSAN, TOKYO/YOKOHAMA KOBE, OSAKA, FELIXSTOWE, HAMBURG ALL EUROPE BASE PORTS ALL USA PORTS Also accepts to other destinations. ACCEPTING FCL/LCL AND CONVENTIONAL: i exzhh MV
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      Page 27 Advertisements Column 2
      124 27 UNIPACIFIC TRANS. TRADING AGECY PTE. LTD. m IRAQI LINE IMQt ST ATI f HT( HFIIISf »0R MARITIMI TRANSPORT WEST BOUND SERVICE Jeddah Agate Baghdad THROUGH B/ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA I BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING CONTAINERS/CONVENTIONAL CGO FOR MAIN PORTS IN JAPAN
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      Page 28 Advertisements Column 1
      353 28 I// Hai Sun Hup Co (Pte) Ltd _L_ TEL *****06 (20 Lines) TLX RS ***** &RS ***** "Subject to cargo inducement MOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN A CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION DIRECT MONTHLY SAILINGS KK SPORE PK PL REU DBN
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      Page 28 Advertisements Column 2
      551 28 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/MEXICO AND FRENCH WEST INDIES AND FRENCH WEST INDIES VSI [Sport LtHawe Connecting VSL |Fof korrican via 2/5 i»/s stuttcart exp Halifax. Montreal jutlandia V 132 Hi 2S/5 nuernbec atl Toronto, New York n DtLrr vw |i6/s yt PusstLOOßf exp
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      Page 28 Advertisements Column 3
      197 28 WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK LONDON, MARSEILLES Ag«ni NIHON-ASM SHIPPING (SI PTE LTD Tel: *****88 (8 Lines) Tlx: RS ***** 0 Tatsumi Marine I DIRECT SAIUNG TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK CONTAINER CARGO) Direct call to other ports subject to inducement (also accepting transhipment cargo: OROBA
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      Page 28 Advertisements Column 4
      686 28 BSHh CALL US AT? P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR jJEEKU^A^EA^^EUROP^CONTAINERSERVICE TO EUROPE FEEDER BUTANC 137 SINGAPORE LEHARVE *****53/*****11 '04-*****2/4, *****3 •07-*****8 •07-*****3. *****5, *****0, *****1 •02-*****22 *****68 HTFTT: I BUTANC 441 I 443 I 12 OS 14 05 I H DCLFT 142 OTHER DESTINATIONS AARHUS
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