The Business Times, 18 May 1988

Microfilm: NL16193
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 WEDNESDAY, MAY 18, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    178 1 Reuter j Dow Jones higher WALL STREET stocks rallied in early trading yesterday in reaction to the report of a surprisingly low US$9.75 billion US merchandise trade deficit in j March. The figure compared j with US$13.83 billion in February, which set off a sharp mar- ket
    Reuter  -  178 words
  • Article
    British central bank acts to keep pound from rising
    164 1 THE BANK OF ENGLAND yesterday sold British pounds f or us dollars through banks in London, marking its second consecutive day of intervention to stem the pound's rise. Dealers said the Bank of England's move came as the pound began to
    164 words
  • Article
    Lock icon UK commercial banks cut base rate
    167 1 AP BRITAIN'S major commercial banks, heeding a signal from the Bank of England, announced yesterday they would cut their base lending rate by half a percentage point to 7.5 per cent. National Westminster Bank and Barclays Bank cut the benchmark borrowing rate, effective today,
    AP  -  167 words
  • Article
    Lock icon American trade deficit narrows sharply
    204 1 Reuter THE US trade deficit narrowed dramatically to U559.75 billion in March from U5513.83 billion in February, the US Commerce Department disclosed yesterday. The decline was far greater than economists had expected. Most had predicted a trade gap of around US$l2 billion for the month,
    Reuter  -  204 words
  • Article
    Queries for Minister for Trade and Industry
    190 1 THE MINISTER for Trade and Industry will be asked by Dr Augustine Tan, the Member of Parliament for Whampoa, at today's parliamentary sitting to explain the drop of expected value-added per worker of new manufacturing investment commitments in 1987. Some of the questions
    190 words
  • Article, Illustration
    Lock icon More US CEOs in million $ club
    281 1 More US CEOs in million club Reuter MORE THAN one-third 273, precisely of the chief executive officers of the 800 largest public companies in America made at least US$l million last year, Forbes said on Monday. The business magazine said Charles Lazarus, the 64-year-old founder and head of the Toys
    Reuter  -  281 words
  • Article
    New Asian fund being planned
    770 1  -  ADB may introduce convertible bond fund By PATRICIA M SCHERSCHEL Financial Editor, in Manila THE ASIAN Development Bank (ADB) and professional money managers are already aiming to clone the open-ended mutual fund created earlier this year to promote investment in the Asian-Pacific region. The Asian
    770 words
  • Article
    Three SSC-linked clubs to be put into private hands
    454 1  -  By TONG SUIT CHEE THREE CLUBS owned and run by the Singapore Sports Council (SSC) are likely to go private in the next few months. The three clubs are Changi Sailing Club, Changi Swimming Club and Seletar Country Club. Constitutions for
    454 words
  • Article
    Lock icon Invention keeps postcards private
    127 1 Reuter SNOOPERS who delight in reading other people's postcards will hate a new Japanese product. Postcards with adhesive aluminium foil to conceal their written contents are selling briskly in Japan, according to a spokesman for Asahika-Koshi, the company which makes the cards. So far, the main
    Reuter  -  127 words
  • Article
    Lock icon Reagan and Takeshita may meet
    83 1 Reuter JAPANESE Prime Minister Noboru Takeshita and US President Ronald Reagan are likely to meet next month in London immediately after the superpower summit in Moscow. A Japanese Foreign Ministry spokesman said in Tokyo yester- day that it was likely the talks would take place
    Reuter  -  83 words
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      137 1 Cloth by l l i-rmeneimdo Zegim 1 Made in Italy ■L Available at all leading tailors ?{{[`{<(:]_}:&,|/<*=}{|'*];\`_* Thorn EMI Rentals You make the presentation, we ll handle the rest 100' Sony Projection System $800/ day. Ideal for seminars, conferences, and training classes. Also available. 45" screen at $400/ day. Multiple
      137 words
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      Page 1 Advertisements Column 2
      321 1 Australia's big bucks plan AUSTRALIA hopes to exploit a few selected services targetted for export initially to Asia. In just one area alone education Australia plans to build it up to a billion-dollar-a-year business before long. Others, such as the country's expertise in mining and computer technology and specialised medical
      321 words
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      Page 1 Advertisements Column 3
      166 1 Melwani, exclusively male. MELWANI ••01W •rwnaonMßuMngtNwiloljdoThM**) %l 7J753« »C 2 SVS&Sa W«ma Alrvi >1 *****25 >02 23 Plua tw *****29 KIM Metro Manna Square t* 3396C75 KMISftEXr A special BT supplement TODAY with Business Times Norway, a special 8-page supplement on the country's economy and the Norwegian presence in Singapore.
      166 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Tropical Alliance buys into its first company here
      413 2  -  By MONICA GWEE FRESH from its venture with the UK Alliance International Group in March, Tropical Alliance Communications (TAC) has bought into its first company here as part of its plans to build a communications group in Singapore. TAC has bought a
      413 words
    • Article, Illustration
      DMB&B appoints Japanese as vice-president
      298 2 A MEETING of minds with the Japanese appears to be the tack 0 arcy Masius Benton Bowles is taking to woo more Japanese clients in Singapore. The agency has appointed a Japanese executive, Mr Shun Nakano. as vice-president to ensure more effective communication with Japanese
      298 words
    • Article
      Thai International in major marketing blitz
      578 2  -  By BRIAN GOMEZ Foreign Editor, In Bangkok THAI INTERNATIONAL is pulling out all stops in a marketing campaign to make Thailand a major tourist destination and to turn Bangkok into the region's prime aviation centre in the *****. Takeoff for Bangkok's "aviation hub" concept
      578 words
    • COPY LINES
      • Article
        A toast to Camus
        200 2 SINGAPOREANS apparently downed a great deal more cogaac last year, judging by the sales of Camus cognac. Mr Trip Lynch, vice-president of Camus International (Far East), said during a recent visit to Singapore that sales of Camus XO and Camus Grand VSOP enjoyed substantial increases in
        200 words
      • Article
        Media Directory on sale
        85 2 THE LATEST Media Directory of advertising and creative services and media organisations in Singapore, Malaysia and Brunei is now on sale. The directory, published by the 4As (Association of Accredited Advertising Agents Singapore), contains such information as listings and profiles of newspapers, broadcast stations, periodicals and
        85 words
      • Article, Illustration
        Paediatrician's visit
        110 2 INTERNATIONAL health care company, Johnson Johnson, is the sponsor of a visit by noted Harvard paediatrician, Dr T B Brazelton. to Singapore. Dr Brazelton, author of 15 books and numerous articles, is sometimes considered "the new Dr Spock". He will be here until May 21. He is perhaps
        110 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      75 2 America. Only United has same day arrivals anywhere in the USA. We are America's Friendly Skies. Our daily morning departures via Tokyo or Hong Kong wing you across the Pacific in time to enjoy the rest of the day in the States. Lunch on the West Coast, dinner on the
      75 words
    • Advertisement
      Page 2 Advertisements Column 2
      117 2 The Annual Asia/Pacific Duty-Free Show opens Tuesday 17 May for three days Over 300 brands of duty-free goods from, 100 international suppliers will be on show at the Raffles City Convention Centre, Singapore from Tuesday 17 May to Thursday 19 May 1988. New perfumes, drinks, jewellery, watches, pens, lighters, china,
      117 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Tokyo land worth ten times Japan's national budget
      301 3 AP SKYROCKETING land prices have boosted the total value of land in metropolitan Tokyo to more than 10 times the national budget, causing serious economic and social problems, according to a government report released in Tokyo yesterday. The annual report on 1987
      AP  -  301 words
    • Article
      Lock icon Half of Americans trust Japanese
      146 3 AP ONE-THIRD of Americans and Britons don't trust the Japanese, although at least half of them do, according to a newspaper survey published in Tokyo on Monday. The poll by the Yomiuri Shimbun, Japan's largest daily, also said 74 per cent of West Germans and
      AP  -  146 words
    • Article
      Lock icon Homicide summons re-issued against ex-Carbide chief
      276 3 Reuter AN INDIAN COURT re-issued a summons on Monday for the former chairman of Union Carbide Corporation to answer homicide charges over the Bhopal poison gas tragedy, the world's worst industrial accident. Two previous efforts to serve the summons on Warren Anderson, who retired
      Reuter  -  276 words
    • Article, Illustration
      Lock icon Call for referendum on future of US bases
      438 3 AP VICE-PRESIDENT Salvador Laurel yesterday called for a national referendum to decide whether American military bases can remain in the Philippines after 1991 Mr Laurel made the call in an interview with radio station OZRH as the US and the Philippines are
      AP  -  438 words
    • Article
      Lock icon Ciba-Geigy denies pesticide poisoning report
      247 3 AFP THE PHILIPPINE affiliate of Swiss-based chemical firm Ci-ba-Geigy has denied reports in Switzerland that thousands of Filipino farmers had died of poisoning after using one of its pesticides. The Swiss newspaper Wochenzeitung last week quoted a Canadian agronomist as saying thousands of Filipino farmers
      AFP  -  247 words
    • Article
      Lock icon To investigate or not to investigate
      521 3 AFP THE QUESTION of whether former president Chun Doo-Hwan is called to account during a formal investigation of alleged government injustices during his tenure is set to become a hot political controversy in South Korea. President Roh Tae-Woo's ruling Democratic Justice Party said yesterday
      AFP  -  521 words
    • Article
      Lock icon Afghan rebel operations mounted before Soviet pullout
      235 3 AFP AFGHAN rebels on Monday said they had stepped up military operations before the start on Sunday of the Soviet withdrawal from Afghanistan, taking Jaji and parts of the second-biggest city. Kandahar. They also said they were planning a siege and takeover of
      AFP  -  235 words
    • Article
      Lock icon Foreign equity investment in S Korea shrinks
      116 3 AP FOREIGN EQUITY investment in South Korea between January and April dropped to US$24B million, down 21.7 per cent, from US$3l7 million in the same period last year, the Finance Ministry reported in Seoul yesterday. The four-month tally on an approval basis involved
      AP  -  116 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      156 3 I N Wth 700 luxurious rooms and suites each overlooking the Chao Phraya River, the Shangri-La is truly a city resort in the heart of Bangkok. Set amidst beautiful landscaped it offers an extensive range of leisure activities as well, of course, as the warm welcome and superb standards of
      156 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      34 3 \£Ma w>s Moscow Nassau New Delhi New York Nicosia Oslo Paris Perth Rio 'Janeiro Rome San Fris'co Son Juan Santiago Sao Paulo Seoul Stockholm Sydney Taipei Tel Aviv Tokyo Toronto Vancouver Vienna Warsaw Washington
      34 words
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  • REST OF THE WORLD
    • Article
      Lock icon Growth outlook is brighter, new OECD forecasts show
      420 4 Trade imbalances fall slower than expected NYT Reuter THE WORLD'S growth outlook is better than expected, but trade imbalances are being reduced more slowly than predicted. officials of the Organisation for Economic Cooperation and Development said in Paris on Monday. According to
      NYT; Reuter  -  420 words
    • Article
      Lock icon Fed reports US industrial output grew in April
      428 4 NYT THE OUTPUT of American factories. mines and utilities jumped 0.7 per cent in April after two months of virtually no growth, the Federal Reserve Board reported in Washington on Monday. It was the biggest advance since a 1.1 per cent surge
      NYT  -  428 words
    • Article
      Lock icon Deficit seen as barometer of America's economic health
      317 4 AP THE MONTHLY US trade deficit, much to the chagrin of the administration, is now viewed in many quarters as the most important barometer of the US economy's health. A bad trade report last autumn was given part of the blame for
      AP  -  317 words
    • Article
      Lock icon Sharp fall In estimated cost of major weapons programmes
      266 4 AP THE ESTIMATED cost of the 95 major weapons programmes that underlie President Ronald Reagan's military build-up declined sharply during the first quarter of fiscal 1988, thanks to cancellations spawned by budget cuts, the Pentagon said on Monday. At the close
      AP  -  266 words
    • Article
      Lock icon Plane accord signed
      76 4 AFP THE DEFENCE MINISTERS of Britain. Italy and West Germany signed an agreement in Bonn on Monday for the joint development of the European Fighter Air- craft (EFA) The West German Defence Ministry said that Spain, which is also in- volved in the project, was not present
      AFP  -  76 words
    • Article
      Lock icon Labour chief pushes for plant-closings plan in US trade bill
      245 4 AP US LABOUR leader Lane Kirkland moved to muster support on Monday for the beleaguered plant-closings provision of the US foreign trade bill, calling it "the human element" in the 1.000-page package. Mr Kirkland is president of the AFL-CIO. the
      AP  -  245 words
    • Article
      Lock icon Sweden rules out membership in EC
      190 4 FT SWEDEN on Monday ruled out all question of applying to join the European Community in the foreseeable future, but called for "intense" cooperation with the 12-nation bloc in all areas but defence and foreign policy. That was the conclusion of a meeting between
      FT  -  190 words
    • Article, Illustration
      Lock icon Two new polls say Dukakis leading Vice-President Bush
      441 4 Reuter MICHAEL DUKAKIS, expected to move closer to the Democratic presidential nomination with a victory in yesterday's Oregon primary, is leading Republican rival George Bush in two new polls. While Vice-President Bush is on the defensive over his involvement in the Iran
      Reuter  -  441 words
  • Article
    DAILY AIRCRAFT MOVEMENTS
    889 4 ARRIVALS Operator Service loca From number time S1A son 0040 LAX/NRT UA SiA UA80S 0045 SFO/HKG S069) 0555 KHH SU SQ41 0610 MAA StA SQ47 0700 DEI SiA SQ693 0715 KHH su SQ31 0755 PAR/ROM MAS MM640 0820 Km •CAl <£624 0840 Kill MM HM601 0900 SE2
    889 words
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      24 4 w 03 c o °8 <7> Q) W 5 2c I—' Q_ O i 5 tf> o <£ CD CD 0 Ve%\ \B>%\ o\ \tp
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      Page 4 Advertisements Column 2
      179 4 I I II \I I If l| Th« business person's choice every I I II \I I I Tuesday, Thursday, Saturday and Sunday. I A \J| w\ /1 \l Leaving Chongi Arport at 22:05 -1 IV yJL 1-1 Vy 1 1 hours ond oniving Heathrow eoriy the following morning Col
      179 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      50 4 Doonesbury fM (VORAltD ABOUT M/KS, Z. HB<S TALKING UKB H&S COUNTING ON IhB BAB/ J TO TURN HfS MAR- 1 R! AGS AROUND. V B I ii \'/P BY GARRY TRUDEAU f •r. Hi r2J u> SO MBA'S 0U 5^ BY NONE OF Wf 7 YOUR DAMN BUSINESS. i sr
      50 words
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  • COMMODITIES
    • Article
      Lock icon Rubber
      81 5 Reuter TOKYO Rubber futures closed stronger yesterday on active fresh buying mostly by individual speculators, but off their highs on profit-tak-ing. dealers said. Prices were 0.4 to 3.9 yen per kg stronger. Fears of a world shortage encouraged buying from the opening session, dealers said. Active buying lifted the
      Reuter  -  81 words
    • Article
      Precious Metals
      321 5 HONGKONG: The metal closed slightly lower yesterday on light profit-taking by local investors in the afternoon, dealers said. Most investors stayed on the sidelines waiting for the US March trade data due out at 1230 GMT. Bullion ended at U*****.20/60 an ounce against an initial $453.60/454.00 and compared
      321 words
    • Article
      Lock icon Higher rubber prices expected
      443 5 Reuter RUBBER PRICES, at an eight-year high, will surge further because of fear of Aids and a boom in the tyre business, according to Malaysian officials. "The fundamentals are very strong. It will stay that way until the end of the year," Malaysia's Primary Industries Minister
      Reuter  -  443 words
    • Article
      Lock icon Wheat
      197 5 Reuter CBT WHEAT futures closed with sharp gains of 13 to 14 cents a bushel on Monday. New crop September made a new contract high at midday. July settled 13-1/4 cents higher at $3.28-1/4. Speculative buying and rallies in the soybean and corn pits buoyed sentiment and pushed up
      Reuter  -  197 words
    • Article
      Lock icon Soybean
      256 5 Reuter CBT SOYBEAN futures on Monday closed up the 30-cent-a-bushel daily limit on new contract highs set earlier in the session in all new crop months. Prices settled up 28-1/4 to 30 cents a bushel. The limitless spot May contract settled 30-1/2 cents higher a bushel at $7.50. Traders
      Reuter  -  256 words
    • Article
      Produce Prices
      72 5 Bangkok Closing prices on May 17 (US$/tonr», FOB) A-l Supar A-l Special C-l Spocial C-1 Ord 220 218 unq unq White Rice Loonzain Rice 100% in dan 100% 2nd doit 100% 3rd dan 5% 10% 15% 20% 25% 35% 345 310 305 295 290 280 278 275 270
      72 words
    • Article
      London markets
      124 5 London Metal Exchange Zinc High Grade Aftemoor i session doting ton* and Caih 604/606 (604/605) prices on May 16 (£/tonrw). 3-momtn 596.5/597 Previous doling pricn and total (596.50/597) loltl In parenthesis Settlement 603.50 (608) Tones Sole* (1711) Copper Grade A Silver (US$/troy ounce; Cosh 1470/1475 lots of 10,000)
      124 words
    • Article
      Lock icon Oilseeds production looks set to hit record high
      318 5 AP GLOBAL PRODUCTION of oilseeds in 1987-88 is expected to be a record 203.7 million tonnes, up 5 per cent from last season, says the US Department of Agriculture's Foreign Agricultural Service. Projections indicate output may rise further in 1988-89 Based upon
      AP  -  318 words
    • Article
      Lock icon Fears over rise in US commodity index
      388 5 Reuter A SURGE IN A closely watched US commodity price gauge has set off alarm bells, warning that rising agricultural prices appear to be adding to inflationary pressures. The Commodity Research Bureau's (CRB) index of 21 commodity prices rose more than four points
      Reuter  -  388 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      171 5 SUCCESSFUL EXECUTIVES Are you looking for a change of career? A job that would bring you into contact with the best and brightest in Singapore, and put you at the very heart of business and economy? Then consider a switch to the fast-moving and stimulating world of business journalism. Put
      171 words
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      Page 5 Advertisements Column 2
      194 5 Is Number One! If YOU'RE GOING to move office this year, you must first see this remarkable building. Excellent burin— location close to MAS Building and Treasury Building. Direct access to East Coast Parkway. MKT convenience Tanjong Pagar (Maxwell) MRT station a short walk away. Classic identity clad in rich
      194 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Effects of Japanese tax being felt
      668 6 Insurers and trust banks benefiting from new situation Reuter LIFE INSURERS and trust banks are the early winners in the battle for a share of 300,000 billion yen in individual savings that began to seek different investment opportunities last month, according to industry officials
      Reuter  -  668 words
    • Article
      Lock icon Nikko to open office in Amsterdam
      156 6 Reuter JAPAN'S Nikko Securities Co Ltd will open a representative office in Amsterdam tomorrow to bolster its position in Europe ahead of the creation of a unified European Community market at end-1992. Nikko said the new office would help to assist in "a large
      Reuter  -  156 words
    • Article
      Lock icon Tokyo policy unchanged
      123 6 Reuter BANK OF JAPAN governor Satoshi Sumita said the central bank would maintain current monetary policy for the time being, while watching prices and exchange rates carefully. A bank spokesman quoted Mr Sumita as telling Prime Minister Noboru Takeshita there is no inflationary threat now as both
      Reuter  -  123 words
    • Article
      Lock icon Bank Negara explains
      78 6 Bernama ES BANK NEGARA says the decline of MsB6l million in its holdings of gold and foreign exchange for the fortnight from April 15. 1988 to April 30, reflected mainly the use of foreign exchange to prepay principal and interest on the federal gov- ernment's external loans
      Bernama ES  -  78 words
    • Article
      Comex gold/silver futures
      177 6 Gold futures on May 17 100 tray ounces; USS per troy ounce Opm High Low Ma* May 454.90 2-70 Jun 455.70 458.30 455.00 456.00 2.30 Jul 458.10 2.20 Aug 459.80 462 20 459.00 459.80 2.00 Od 464 80 467.00 464.00 464.40 1.90 DK 468.50 471.50 468-50 469.20
      177 words
    • Article
      Lock icon IMM
      253 6 Reuter IMM CURRENCY futures closed lower on Monday and near the lows of the day after a lightly traded session ahead of US trade figures. Position-squaring overnight contributed to early losses in futures, although interbank and futures trading was light ahead of the trade data as participants were reluctant
      Reuter  -  253 words
    • Article
      Lock icon Paribas expects a substantial rise in profits
      330 6 FT PARIBAS, the French investment banking group, has forecast a substantial increase in profits this year to about 2.3 billion francs. Mr Francois Morin, group managing director, said that net profits should reach at least 40 francs a share, an increase of 23
      FT  -  330 words
    • Article
      Forex markets
      1091 6 HONGKONG: The US dollar closed lower yesterday on light interbank selling for position squaring prior to the release of US March trade data, dealers said. Sterling also was easier after failing to sustain above the key chart point of 3.19 marks in the morning. It ended at $1.8854/58
      1,091 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      266 6 -rV WITH THE EXTENSION EVERY SONG FROM SING LEADS TO ANOTHER. A 7 A A VP off normal priced compact disc and $5 off a mid-priced disc is Sing's generous offer. So you won't stop at one, youH keep on collecting. But the offer's not for everyone. You'd have to
      266 words
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      Page 6 Advertisements Column 2
      130 6 IB BANQUEINDOSUEZ Shenton Way, Shenton House. Singapore 0106 m ill V J if y w .4 Your Favourite Melody Melody, the popular Filipino trio, is back performing in the Fountain Lounge. Meet Dolly Barretto, lead singer, who creates a dynamic impression with her vibrant stage presence and remarkable voice. Brothers
      130 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Bonds offering an attractive way out for Indian institutions
      631 7 Reuter ONLY A DECADE AGO, few Indians had ever heard of a bond. Today, private and public institutions are issuing bonds to cover virtually every borrowing need even a drought. "The government has found an easy way of raising funds through
      Reuter  -  631 words
    • Article
      Lock icon Irving defeats, hostile takeover bid
      808 7 NYT THE IRVING BANK Corp defeated a hostile takeover bid by the Bank of New York Co in a shareholder vote this month, the results of which were announced on Monday. The Bank of New York, whose bid surprised bankers when it was announced last
      NYT  -  808 words
    • Article, Illustration
      Lock icon Debt strategy at risk, says World Bank
      921 7 PRIVATE BANKS SEEN TO BE LESS THAN FORTHCOMING IN GIVING NEW CREDIT NYT THE INTERNATIONAL strategy for resolving the Third World's debt crisis is being jeopardised by the refusal of private banks to cooperate and by lower-than-ex-pected economic growth in the industrial world,
      NYT  -  921 words
    • Article
      Lock icon Hopes rise for the biggest rescheduling so far
      267 7 FT OPTIMISM is growing that Brazil and its leading foreign bank creditors may be able to announce an agreement this week on the largest debt rescheduling ever. Bankers would not rule out the possibility of last-minute hitches to the complicated agreement. One
      FT  -  267 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      49 7 immmioa For your convenience YORK spare parts are now available over the counter YORK AIRCONDITIONING AND REFRIGERATION, INC. 29 INDUSTRIAL ROAD SINGAPORE 1953 TLX: RS ***** YORKSIN FAX: *****15 FOR SERVICE AND MAINTAINENCE YOU CAN COUNT ON! CALL THE WELL TRAINED PROFESSIONAL YORK MAN AT TEL: 284 5722/284 1454
      49 words
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      Page 7 Advertisements Column 2
      139 7 Announcing iit i o the at of the <c 0 p/ and you can dr arm r m mp Hop aboard the Orient Express, our exciting new short-term car /yrental scheme, ■n|m«RCH9nM our brand new Nissan Pulsar or Nissan Sunny models. Our Orient Express scheme is the perfect complement to
      139 words
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  • PERSPECTIVE
    • Article
      Oh, no, not again!
      524 8 WORRIES ABOUT INFLATION are percolating through the financial markets and central banks. The continued strength of the global economy, a trend worth celebrating given all the doom and gloom saying late last year, has rattled investors. They fear that business expansion in industrialised nations some sectors,
      524 words
    • Article, Illustration
      For export — Aussie expertise
      1526 8  - For export Aussie expertise Australia, traditionally one of the world's major suppliers of commodities, is now seeking to widen its circle of money-spinners to include sale of expertise in mining and computer technology, specialised medical services and education. This is to provide alternative sources of income when times are bad,
      1,526 words
    • Article
      Merrill Lynch's bruised battle in Manila
      893 9  -  In spite of the decision of the US Securities and Exchange Commission to strip Merrill Lynch Philippines of its licence to operate as an adviser in commodity futures trading, the company is fighting the case in court. In this report for BT, Manila-based AL
      893 words
    • Article, Illustration
      All on board the Philippine recovery wagon
      831 9 A HONGKONG-BASED business conglomerate has shifted its investment offensive to Manila, a move apparently triggered by growing uncertainty over the future of the British crown colony, which reverts to China by 1997 "Our perception is that the Philippine economy is booming." said Robert
      831 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      75 8 THEY MADE IT TO THE TOP Congratulations Wearnes Technology on this landmark achievement WE SOLD THE MOST TO BE TOPS CSA Group is the largest distributor of ALR microsystems in Singapore Malaysia YOUR SEARCH FOR THE "BEST OF 1987" STOPS HERE Call Automated Systems Pte Ltd Tel: 278 9566 ft
      75 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      662 8 CRYPTIC PUZZLE ACROSS 1 Being bad. it doesn't have its strong points (6) 7 That concerning a noted vice den. possible? (6) 8 A lot of people go to it (6) 10 Stairway to the stars'? (6) 11 A new occupation to make the referee sick? (6) 14 A little
      662 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      215 9 Meet Mario Marchetto. The Chef who should have been a songwriter. 4r Elton John wrote Candle In The Wind for Marilyn Monroe. Carly Simon penned You're So Vain for Warren Beatty. Chef Mario from Lugano, Switzerland cooked up Lamb Cutlets Villeroi for an old flame. And we do mean cooked
      215 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1220 9 w acE) aaooa a 12 PM Opening and Programme Highlights followed by Fashion TV. This week's programme highlights on Paris' Haute Couture Week. This bi-annual event show features extravagant collections that grab the headlines. Insight (I) Panorama: Charles, Prince Of Conscience; (II) World In Action: Cameras In The Commons (See
      1,220 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      756 10 G#uU/h4 4 AMID THE LUSH GREENERY of Balmoral Park, the foundations have been laid for a residential development that will add a new dimension to condominium living in Singapore. Named Pinewood Gardens, the new development by City Developments Ltd will comprise about 150 units in three blocks of varying heights,
      756 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      682 11 THE home-builder's house-builder m m I--•V --w i l r wm f; I r 4 'fr 4 '*V t* ME A *5 14^ r ■v H <rw < M 2 r •> > m W. m f i'. M jp-i CITY DEVELOPMENTS, the developer of Pinewood Gardens, is the property
      682 words
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  • SPORTS & LEISURE
    • Article
      Lock icon South Africa suffers blow after blow in international sports arena
      387 12 AP THE SCOPE and potency of the international sports boycott has been impressed upon South Africans more emphatically in the last few days than ever before. Zola Budd. the athlete most cherished by white South African sports fans, returned home
      AP  -  387 words
    • Article, Illustration
      Lock icon McLaren continues to set the pace
      451 12 UPI ALL IT TAKES is a short walk along the pit lane to discover one of the major reasons why the McLaren team has dominated Formula One racing this season. Alain Prost's victory last Sunday in the Monaco Grand Prix kept McLaren undefeated in
      UPI  -  451 words
    • Article, Illustration
      Lock icon Dropped Botham vows to get back into England cricket squad
      326 13 AFP "I'LL BE BACK." That was the defiant and encouraging message from lan Botham after learning that England had left him out in the cold. The 32-year-old all-rounder will spend this week on duty for Worcestershire while England faces the
      AFP  -  326 words
    • Article, Illustration
      King's Classic snooker crown up for grabs
      470 13  -  By CHARLES SAVAGE SINGAPORE'S top snooker players will be competing in the first King s Classic PRM Snooker Championship 1988 The tournament breaks on May 29 at King's Snookerium at the Amara Hotel More than half the 64 places for the competition have
      470 words
    • Article
      Lock icon Malaysian tournament slated for June
      193 13 Bernama ABOUT 40 local professional golfers are expected to take part in the Salinas Sri Sentosa/Kelab Darul Ehsan Golf Classic from June 3 to 5 at Kelab Oarul Ehsan in Ampang Jaya near Kuala Lumpur. The tournament is the second leg of the Malaysian Professional
      Bernama  -  193 words
    • Article, Illustration
      Lock icon The man behind the Bulls stampede
      620 13 AP MICHAEL JORDAN'S been called a monster, Superman and God by opponents in the National Basketball Association. Jordan's mother. Deloris, knows better. "He shocks me with some of the things he does out there on the court, but I know he's human," Mrs Jordan
      AP  -  620 words
    • Article, Illustration
      Lock icon Wilkins inspires Hawks to win
      422 13 NYT THE HAWKS sensed that the Celtics were in trouble on Monday night in the first 19 seconds of the game when Dominique Wilkins hit his first shot, an 11-foot jumper on a pass from Glenn (Doc) Rivers. "It was almost like a premonition," said
      NYT  -  422 words
    • Article
      Lock icon US struggles to beat Switzerland
      56 13 Reuter THE US STRUGGLED to a 2-1 victory over unfancied Switzerland on Monday on the first day of the U*****,000 World Team Cup men's tennis tournament in Duesseidorf, West Germany. In the day's other Red Group match, Argentina and France were tied 1-1 with the
      Reuter  -  56 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      243 12 COUKVOISIERXO Where to eat, drink... Grills Greens +rA 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. BAROP'S Simply the best in
      243 words
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      Page 12 Advertisements Column 2
      196 12 Bring your family and friends and enjoy our steamboat buffet dinner laden with fresh prawns, succulent seafood, fresh vegetables, eggs and noodles. Cook up a steaming hot, mouthwatering meal... mmm then take a second helping or more. Share an all-you-can-eat steamboat with family and friends today! Price: SSI 5.00 (per
      196 words
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      Page 12 Advertisements Column 3
      215 12 DEUCIOZO HYATT Mama Mia! Pete's Race introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad Par. $10.50* EARLY BIRD SPECIAL A complimentary Powl of salad
      215 words
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      Page 12 Advertisements Column 4
      242 12 Eritlay. Enjoy! After Bpm £et 10% off every bottle purchased. Club 5. VCliene you'll have happy the uouhle. Plaza Hotel Every second's on-the-house! The Fountain Lounge is flowing with the good times Between 5 and 8 pm daity, for every drink you order you get your next FREE. And bottle
      242 words
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      Page 12 Advertisements Column 5
      130 12 French amnectbn The culinary favourites of France are yours to enjoy from May 1 31. With Fines de Claires. Canard a l'Orange. Quiche Lorraine, Escargot au champignons, Coq au vin rouge,. Crepes Suzette and more! Make the French connection for just J?Kf >ra^ tsand $15* for children. i,i. •Pnnrs-aibjrrtU) 10%
      130 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      506 13 and entertain 4 übcrtufi d)riU So much to choose for only $21.50 A sumptuous spread with many diferent 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
      506 words
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      Page 13 Advertisements Column 2
      72 13 THAI RESTAURANT ueur in siuiencp 400 Orchard Rd. #81-17/18 Orchard Towers. S pore 0923 BUSINESS HRS 11AM 10.30PM 2? *****88 *****88 The best of THAI In the elegant Thai-style atmosphere of Bangkok Garden Thai Restaurant, authentic Thai recipes come in a choice of creative and innovative dishes specially prepared by
      72 words
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  • COMPANY NEWS
    • Article
      Lock icon There's still much to be done at MPHB
      566 14 MBT WHILE IT IS generally accepted that the team led by Mr Robert Kuok Hock Nien and Tan Sri Lee Loy Seng have done a good job of preventing Multi-Purpose Holdings Bhd (MPHB) from sliding further, there is still one fact that
      MBT  -  566 words
    • Article
      Lock icon N Borneo Timber posts M$6.5m profit
      166 14 Bernama NORTH BORNEO Timber Bhd (NBT) registered a Ms 6 5 million consolidated after-tax profit for the year ended Dec 31. 1987, the company's chairman, Mr Nusli N Wadia, said in his latest annual report. He said a greater part of the company's surplus
      Bernama  -  166 words
    • Article
      Lock icon UMW head outlines goals for company
      385 14 Bernama UMW HOLDINGS Bhd will concentrate on the manufacture and export of heavy equipment and vehicle components to take advantage of the declining ringgit, its new group chief executive said on Monday. The products with their potential competitiveness would be particularly targeted at markets
      Bernama  -  385 words
    • Article
      Untitled
      3938 14 The Stock Exchange of Singapore was closed yesterday. The following are the previous day's prices. Gr's Gr's Net 1« M Last Div Div Y'ld P/E Vol Day nign Low Company Sale oc- C'vr (*000) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 136 95 Aetna 99% 1% 1 ON 2.4 1.0
      3,938 words
    • Article, Illustration
      Lock icon Need to put some life into the link
      577 15 Mm By HOCK LOCK SIEW IF YOU'RE EVER in the business district between 9am and 10am, look up at the top of the DBS Securities Building to see the first public promotion of the Nasdaq-Sesdaq link in Singapore. The broking firm is
      By HOCK LOCK SIEW  -  577 words
    • Article
      COMPANY MEETINGS
      135 15 HOTEL NEGARA Limited: 20th AGM at 15 Claymore Drive. Singapore 0922 today at noon. SINGATRONICS Limited: 9th AGM at Leo Room, Level 1 Marina Mandarin Hotel, 6 Raffles Boulevard, Marina Square, Singapore 0103 today at 11am. THE GREAT EASTERN LIFE ASSURANCE COMPANY Limited: 80th AGM at 65 Chulia
      135 words
    • Article
      DIVIDENDS ANNOUNCED
      1348 15 Current payment El date Books close li Total to Mm yea i r Total tor r last year AIN 1314% May 3 NYA NYA 27% 27% A Enterprise! 6%lhl Jon 3 Jun 17 Jul 4 10% 5% Ajinomoto 12% May 12 Moy 27 Jun 14 •2% 10%tol Amcol
      1,348 words
    • Article
      King's Hotel blames price cutting for revenue fall
      324 15  -  By LONG SHIH ROME KING S HOTEL LTD. the listed hotel subsidiary of property group City Developments Ltd which incurred an after-tax loss of $168,000 last year, blamed price cutting measures in the industry for the 12 per cent drop in room
      324 words
    • Article, Illustration
      Keppel wins $26m paint job
      251 15  -  Shipyard to recoat four Canadian tankers By ROSIE TAN KEPPEL SHIPYARD, a major operating division of listed Keppel Corporation Ltd, has clinched a $26 million contract to recoat four tankers for Canadian Pacific Bulkships Services Ltd. The diversified listed-con-glomerate. whose core activities are in shipbuilding
      251 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      280 15 "This Path brings happiness, contentment ana health. It is the Path within to God, the eternal consciousness. Further information is available in different lansuaees. UNTVERSAL LIFE, dept. F, P.O. Box 5643, D-8700 Wuerzburg, West-Germany" •Jltcfi 50 CUSCADEN ROAD SINGAPORE 1024 A modern residential and commercial property located just off Orchard
      280 words
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      Page 15 Advertisements Column 2
      214 15 focknfcoV Hear the sounds of the* 60's featuring Manila's #1 Revival Band The Hi-Jacks Monday to Thursday 9pm to lam Friday to Saturday 9pm to 2am NO COVER CHARGE RESTAURANT Metro Paragon, 290 Orchard Road *03-02 Paragon Building. Singapore 0923 Tel: *****38. *****49 Entrance through Btdetord Road after 9.30pm Ptease
      214 words
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  • WORLD MARKETS
    • Article
      Lock icon Amsterdam eases Dutch bond rules
      213 16 FT THE AMSTERDAM Stock Exchange on Monday un- veiled a sweeping package of measures to deregulate I the primary market in doJ mestic Dutch bonds and bring it into line with the Euromarket. Listing costs of bonds I were slashed, syndicate selling commissions were i
      FT  -  213 words
    • Article
      Untitled
      1014 16 Selected indices HONGKONG Hongkong Index Tuesday 1.673.63 Monday 1,***** Week ago 1.693 74 Hang Seng Index T uesday 2.533 57 Monday 2.538 02 Week ago 2.***** All Industrial] Tuesday Monday Week ago NEW YORK Dow Jones Monday Friday Week ogo I 2.329 7 2.309 9 2.266 0 2.007 63 1.*****
      1,014 words
    • Article
      Lock icon Unilever pre-tax profit up 5pc
      141 16 AFP ANGLO-DUTCH chemicals and food giant Unilever said in Rotterdam on Monday that its pre-tax profit rose nearly 5 per cent in the first three months of the year over the same period last year. Profit was £332 million (U*****.5 million) against £317 million in
      AFP  -  141 words
    • Article
      Lock icon Minebea's profit up 113pc
      128 16 AFP JAPAN'S Minebea Co has reported a 113 per cent increase in pre-tax profit to 8.86 billion yen (US$7O million) for the six months ending March 31, 1968 The company also announced in Tokyo on Monday a 56 per cent rise in unconsolidated net earnings to
      AFP  -  128 words
    • Article
      Lock icon Late rally boosts stock prices
      356 16 New York Reuter WALL STREET stocks closed broadly higher on Monday as blue chips rallied in late trading to gain for the third straight session. Analysts said stocks appeared to shrug off inflationary concerns sparked by an earlier record rise in the Commodity Research Bureau
      Reuter  -  356 words
    • Article
      Prices firm in mid-session
      1197 16 London SHARE PRICES were firm in mid-ses-sion on the London Stock Exchange yesterday as investors showed guarded optimism ahead of the release of the US trade figures for March. Around mid-day, the Financial Times Industrial share index and the Footsie 100-share index both gained 7.7 points
      1,197 words
    • Article
      Investors sidelined
      1432 16 Hongkong SHARE PRICES in Hongkong closed little changed in quiet trading yesterday. Participants were sidelined awaiting direction from the US March trade figures due yesterday, brokers said. The Hang Seng index ended a quiet day 4.45 points lower at 2.533.57 after reaching a high of 2,550. The Hongkong
      1,432 words
    • Article
      Manila
      87 16 MAY 17 PESOS Oriental 8 Phil Ovarsaa* 0 043 0 032 -0 001 •0001 U 40 -0 01 Anglo Ptiil 0 01 -f 0 001 Ap«j> Mining B 0 03S PLOT 178 -2 Atlas Con B 22 50 -05 Baguto Gold dBn MIQUVl D 1M 002 •0 001 Basic
      87 words
    • Article
      Lock icon Tokyo
      481 16 Reuter SHARE PRICES in Tokyo closed at a new peak yesterday after a roller-coast-er day. with profit-taking at one point erasing all of an early morning burst, but late buying bringing the Nikkei back to the plus side, brokers said. "We had been up for three straight days before
      Reuter  -  481 words
    • Article
      Lock icon Sydney
      430 16 Reuter THE AUSTRALIAN stock market closed stronger in all sectors yesterday, although off its earlier highs. Brokers said local buyers had been spurred on by a higher close on Wall Street, a sharp rise in international precious and base metals prices and strong local profit reports. "One just hopes
      Reuter  -  430 words
    • Article
      Lock icon Bangkok
      160 16 Reuter THE SECURITIES Exchange of Thailand Index eased 0.50 to 425.01 on a turnover of 6,796.013 shares worth 978.73 million baht. Reuter MAY 17 BAMT Ao Kham Thai 252 •14 Ayudhya Invaatmant 402 •4 Bangkok Agro-4nd 141 unch Bangkok Bank 331 -2 Bank Ot Ayudhya 356 unch Charoong Thai
      Reuter  -  160 words
    • Article
      Taipei
      227 16 MAY 17 NT s 4 87 ■O 13 Kotin Kuochan Da* Laa Chang Yuan 49 90 63 50 65 00 1.4 -1 -1.5 89 SO -2 79 50 -2 *3 Nan Ya Piaa 87 50 -2 87 00 -2 5 55 00 1.5 -2 ♦0 5 Pacific Elact Wira
      227 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      670 16 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 2*><2)<b) AND IN THE MATTER OF M. S. G. COMMODITY (S) PTE LTD At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road #12-01 12-11 Golden Mile Tower. Singapore
      670 words
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      Page 16 Advertisements Column 2
      44 16 FOR SALE Consulting Engineering Business specializing in Mechanical, Electrical Computer Technology established in excess of four (4) years with turnover exceeding $A! 4 million per Annum. Continuing on-going contractural agreements, Price on application Refer Principal, 48 Bulls Road, Burraneer, 2230 Sydney, Australia. Phone 61-2-*****59.
      44 words
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      Page 16 Advertisements Column 3
      10 16 M onagers ust anage BT shows you how every Monday.
      10 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Nestle meets regulatory office over Rowntree bid
      363 17 FT REPRESENTATIVES of Swiss food and confectionery group Nestle SA saw the Office of Fair Trading (OFT) in London on Monday in connection with its £2.1-billion bid for confectionery group Rowntree PLC. Reto Domeniconi, Nestle s chief financial officer, addressed a news conference
      FT  -  363 words
    • Article
      Lock icon Goodyear workers in Akron and Stowe vote to strike
      162 17 Reuter UNION WORKERS at Goodyear Tire and Rubber Co in Akron and Stowe, Ohio, voted to strike, reversing an earlier position in favour of a tentative labour contract. A strike deadline against the Akron-based tyremaker had been set for noon EDT
      Reuter  -  162 words
    • Article, Illustration
      Lock icon Class-action settlement pushes Kodak to set up US$150m fund
      667 17 NYT THE EASTMAN Kodak Co said on Monday that it had agreed to set up a US$l5O million compensation programme for the millions of American consumers who bought Kodak instant cameras before the cameras and their film were taken off the
      NYT  -  667 words
    • Article
      Lock icon Modest changes urged by market crash study group
      895 17 Main recommendation is a giant 'circuit-breaker' NYT THE WHITE HOUSE working group on the US stock market crash has recommended a series of changes that would only slightly alter the way trading is conducted on American stock exchanges. Amid what many market
      NYT  -  895 words
    • Article
      Lock icon Parker seeks London listing
      340 17 FT PARKER PEN, one of the world's leading makers of writing instruments. is to seek a full listing on the London Stock Exchange next month. About 25 per cent of the company's equity the minimum required will be offered for sale in a move which is
      FT  -  340 words
    • Article
      Lock icon K Mart rings in higher profit for first quarter
      259 17 FT K MART, the world's second largest retailer after Sears, Roebuck. has reported a modest increase in first-quarter profit and revenue in spite of "a difficult sales environmentßut it forecast a pick-up in US retail sales later in the year. Net
      FT  -  259 words
    • Article
      Lock icon Foreign partners in South Korean ventures protest against listing policy
      331 17 FT CONCERN IS mounting among foreign companies in South Korea over a government plan to force joint ventures to list on the Korea Stock Exchange Listing would dilute foreign equity in the partnership and possibly allow takeover by the Korean
      FT  -  331 words
    • Article
      Lock icon Aussie regulators check Salomon's role in Bell
      213 17 Reuter CORPORATE regulators said in Melbourne on Monday that they were studying Salomon Brothers Inc's role in Robert Holmes a Court's sale of holdings in The Bell Group Ltd. Salomon had advised the West Australian State Government Insurance Commission (SGIC) on its recent
      Reuter  -  213 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      139 17 This announcement appears for the purposes of record only May 1988 ELECTRO mfiGfIETIC (S) LTD (Incorporated in the Republic of Singapore) Invitation in Respect of 16,000,000 Ordinary Shares of 550.50 each at Ssl.oo for each Share Managed and Underwritten by ©DBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD DG BANK-GZB
      139 words
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  • Article
    Lee sees a wealthier Asia by end of 21st century
    478 18 Japan might even be ahead of North America in some areas BY THE END of the 21st century, large parts of Asia would have caught up with North America, and Japan might even be ahead in some areas, said Prime
    478 words
  • Article
    No conflict between the moral person and competition
    238 18 THERE IS NO conflict between being a good and moral person who does his best and the competition of the marketplace, in the view of Prime Minister Lee Kuan Yew. According to Mr Lee, Japanese industrialist Matsushita, who is over 80 years
    238 words
  • Article
    Lock icon EC lifts anti-dumping duties on Japanese company
    177 18 AFP THE EUROPEAN COMMUNITY (EC) yesterday confirmed that it has lifted anti-dumping duties imposed against Japanese company Kyushu Matsushita for running a so-called "screwdriver plant" assembling electronic typewriters in Britain. The company was one of four Japanese typewriter firms that were the first
    AFP  -  177 words
  • Article
    Lock icon Company bankruptcies low in Japan
    124 18 AFP JAPAN'S corporate bankruptcies remained low in April as brisk domestic demand and foreign exchange stability helped fewer companies fall victim to the stronger yen, a private credit research agency said yesterday. A total of 956 companies went under with liabilities of more than 10
    AFP  -  124 words
  • Article
    Changi airport sold US$95m of duty-free goods in 1986
    460 18 SALES of duty-free goods worth some US$95 million were chalked up at Singapore Changi Airport in 1986 and Singapore Airlines (SIA) sold about US$6 million worth of such goods that year. In terms of duty-free goods sales at airports in 1986,
    460 words
  • Article
    NICs' export drive could lead to R & D prominence
    236 18 NICs' export drive could lead to R D prominence THE CONTINUATION of export dominated strategies by the newly industrialising countries could push the NICs to the forefront of certain fields of research and development, said Mr Michael Wong Pakshong, senior advisor of Wearne Brothers Services (Re) Ltd, last night. The
    236 words
  • Article
    Lock icon OECD ministers to discuss NIC ties
    316 18 AFP MINISTERS of the 24-nation Organisation for Economic Cooperation and Development (OECO) are expected to discuss the issue of industrial countries' attitude towards South-east Asia's 'four dragons' during a private working luncheon in Paris today, delegation sources said. Diplomats associated with preparations for the
    AFP  -  316 words
  • Article
    Lock icon Comex gold and silver
    100 18 Reuter COMEX GOLD futures yesterday recovered smartly to unchanged following a quick setback on selling spurred by the unexpectedly sharp narrowing in the US trade deficit in March. The deficit of U559.75 billion was down from U5513.83 billion in February. June gold hovered at Monday night's
    Reuter  -  100 words
  • Article, Illustration
    Lock icon Moscow urged to act on Cambodia
    273 18 AFP THAI Prime Minister Prem Tinsulanonda yesterday called on the Soviet Union to play a "constructive role" to solve the Cambodian conflict, which had "violently destabilised" the South-east Asian region in the last nine years. If the Soviet Union played a constructive role in
    AFP  -  273 words
  • Article
    Lock icon Sotheby's claims record sale for porcelain piece
    134 18 AP A 14TH-CENTURY Ming Dynasty Chinese vase sold for nearly US$2.2 million at an auction in Hongkong yesterday, a record price for a porcelain piece, Sotheby's auction house said. The winning bid of U552,185,897 for the 32.5-cm tall, pear-shaped red decorated vase was
    AP  -  134 words
  • Article
    Manila in need of US aid package now
    269 18 THE PHILIPPINES needs a USsponsored multi-billion dollar aid plan immediately if it is to grow economically and reduce its heavy debt repayments, Economic Planning Secretary Solita Monsod said in Manila. The Washington Post said last week the US will try to put
    269 words
  • LATE FILE
    • Article
      Lock icon Three held over Cocom violations
      58 18 Reuter POLICE in Tokyo yesterday said they arrested three officials of two Japanese trading companies on suspicion that they promoted illegal exports of precision instruments to China. A police spokesman said they were held on suspicion of breaking the rules of Cocom, a Paris-based body
      Reuter  -  58 words
    • Article
      Lock icon Iran issues warning over oil
      32 18 Reuter IRANIAN President Ali Khamenei yesterday said Iran would block all oil movement in the Gulf if its tankers were stopped, the Iranian news agency Irna reported.
      Reuter  -  32 words
    • Article
      Lock icon Paper seeking to reclaim £1m prize
      45 18 Reuter THE SUN newspaper said in London yesterday that it would go to a civil court to try to recover £1 million won in a bingo contest by a 74-year-old woman using a stolen card containing winning numbers. Reuter
      Reuter  -  45 words
    • Article
      Lock icon Daewoo hit by shortage of parts
      36 18 Reuter shortage of parts DAEWOO Motor Company, South Korea's second largest car exporter, stopped production yesterday because of a shortage of parts from strike-hit suppliers, company officials said in Seoul.
      Reuter  -  36 words
    • Article
      Lock icon Le Pen in hospital
      47 18 Reuter FRENCH far-right leader Jean-Marie Le Pen is being treated in hospital for a suspected heart ailment, French radio said yesterday. It quoted a medical spokesman as saying Mr Le Pen, 59. would probably remain under observation for three or four days. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Tube commuters evacuated
      44 18 Reuter RUSH-HOUR commuters were evacuated from a busy London underground station yesterday after smoke from a burning electrical cable filled tunnels and platforms. No injuries were reported at the Embankment Station, near the River Thames, where four underground lines connect. Reuter
      Reuter  -  44 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      138 18 vtf %r. r i x v> fa At 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 near Marina Centre panoramic sea views of the busiest harbour in the
      138 words
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      Page 18 Advertisements Column 2
      10 18 Call for referendum on future of US base*, Page 3
      10 words
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      Page 18 Advertisements Column 3
      342 18 ><"!^),;)^+>~,<&^-][@-%{?+`(<[= < STYLE 89 Fabrics Garments Accessories K (TRADE ONLY) May 25th to 27th, 1988, 2.00 p.m. to 6.30 p.m. at the Century Park Sheraton A K Singapore (9th Floor) M For the ninth consecutive year, leading designers and manufacturers from Austria will present the latest fashion matenals /g i
      342 words
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  • SHIPPING TIMES
    • Article
      Coastal and Nedlloyd EAC in joint bunkering service
      459 19  -  By JUNE LIM COASTAL Bunkering Services and Nedlloyd EAC Agencies have teamed up to provide bunkers at Singapore port. Pioneer Barging (S), established with a paid-up capital of $100,000 and equally owned by the two parties, will begin operations on June 1.
      459 words
    • Article
      Lock icon OOHL cautious about prospects for this year
      227 19 Reuter ONCE DEBT-RIDDEN, shipping group Orient Overseas (Holdings) Ltd is cautious over its prospects for 1988. although it has gone into profit after successfully restructuring its US$2.7 billion debt last year. A company statement quoted the chairman. C H Tung, as saying. "Our
      Reuter  -  227 words
    • Article
      Marina suspends application for bareboat chartering
      252 19 THE MARITIME Industry Authority of Philippines has stopped accepting applications by Philippine shipping firms interested in bareboat chartering foreign-owned ships for international trade. The suspension took effect last week following complaints of gross violations by the Filipino Shipowners Association representing those involved in overseas
      252 words
    • PORTSIDES
      • Article
        PPA awards dredging contract
        99 19 THE PHILIPPINE Ports Authority board has approved a 21 million pesos contract to dredge a 3km stretch, from the mouth of the Pasig River to Del Pan Bridge. Winner of the contract, C A Construction Company, is expected to begin work shortly. The contract covers an
        99 words
    • Article
      CONSORTIA
      163 20 THE MAJOR shipping consortia operating between the Far East/European Far EastyPersian Gulf Straits ports/Australia. Straits/Japan and the member lines ACE (FAR EAST/EUROPE): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd
      163 words
    • Article
      Lock icon Nuclear-powered submarine on fire
      106 20 AFP A BRITISH nuclear-powered submarine. the Conqueror, caught fire in Gibraltar, naval sources said, but they described the fire as "minor". The sources said the electrical fire "was quickly extinguished by the ship's company." There was minor damage to an electrical switchboard, "but at no time
      AFP  -  106 words
    • Article, Illustration
      Lock icon Japanese revamp plan puts pressure on unions
      1024 20 Thousands were thrown out off work when Japanese yards embarked on a massive rationalisation exercise. Fairplay speaks to union chieff Sukesada Ito to ffind out the effffects off retrenchment on workers, and the union's role in finding new jobs ffor its members. IN
      Source: MOT  -  1,024 words
    • Article
      INDEX TO ADVERTISERS
      999 20 AB Shpg V 5 ABC Contour IX 1 Accord Shpg VI 3 Ahrenki«l liner XI 3 Afnco Ocean XM Alltrons vil 3 AC Toepler XI 5 Amer«con Tpf II 4 5 Anro Service IV 2/3 Arrow lines IX S As«on Ocear XI 4 Assoc CorriOQe XI 5
      999 words
    • Article
      Lock icon Soviet lines criticised for not using ships properly
      186 21 Seatrade Week SOVIET maritime officials have lobbed criticism at Soviet shipping companies for not utilising their vessels properly. This results in damaged cargo and heavy loading and discharging delays, they claim. Soviet Marine Minister Yuri Volmer points a finger at the preoccupation
      Seatrade Week  -  186 words
    • Article
      Conference will increase FAK rates from July 1
      289 21 FREIGHT-ALL-KINDS (FAK) rates will be increased from July 1 as part of the Trans-pa-cific Westbound Rate Agreement s (TWRA) bid to bring rates on consolidated container shipments into parity with those for standard full box moves. TWRA. whose 13 members include Sea-Land
      289 words
    • Article
      Lock icon Repsol Petroleo set to sue Martlet
      308 21 Lloyd's List SPANISH oil company Repsol Petroleo is set to embark on a multi-million dollar claim against shipowner Marflet following the prolonged strike on the VLCC Barcelona. The 235.000 tonnes deadweight vessel was anchored off Ras Sadat in Egypt for 102 days due to
      Lloyd's List  -  308 words
    • Article
      Lock icon WEEKLY FREIGHTS
      854 21 AFP RATES continued to firm on the dry cargo market over the past week, particularly in the grain sector. The Biffex (Baltic International Freight Futures Exchange) index, which last week registered its first rise in a month and a half, gained another 69.5 points to close at 1,445
      AFP  -  854 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8274 26 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      8,274 words
    • Article
      Who acts for whom...
      2070 28 aB Shipping Boustead Shpg Agencies AB&dontainerline NV S'pora Shpg (S) Accerd Shpg Accord Shpg (S) Afriea "Ocean Lines Seal ion Shpg (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanus Shipping Agencies 6( Multiport Sdn Bhd (PK) Aljtrans Alltrans Express American President Lines APL (S)ZBoustead
      2,070 words
    • Article
      LONDON FREIGHTS
      1305 28 Chartering was generally very subdued in most sectors of the freight market on Monday, with charterers unwilling to meet higher rate ideas quoted by owners, ship brokers said Fresh grain chartering remained slow to develop out of the US Gulf, but a vessel was secured for around 28.000
      1,305 words
    • Article, Illustration
      Lock icon Survivors recount Iraqi air attack on Sea wise Giant
      492 30 AFP "FOR ME. the Gulf is finished,'' said Mariano Chud, a 30-year-old Filipino seaman who has survived three attacks on the Seawise Giant supertanker. Mr Chud and the other 30 survivors from the tanker, hit with three other vessels in an
      AFP  -  492 words
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      817 19 TIMES STP Distributors f9 PuMrs/Mn9 Croup OOCL OigtNT Oveiqeas CotUaim\ Lime w\m JARDINE SHIPPING AGENCIES (Reg No 242K4' OOK) 200 Cantonment Road #12-05 South point, Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL CES Tel *****18 220 BOOKINGS "el *****34 235 PCSAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG
      817 words
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      92 19 mm "IN 1980 shipyard workers were in the top grade of industrial workers now they are in the worst group," observes Mr Sukesada Ito. Page II FREIGHT-ALL-KINDS (FAK) rates will be increased from July 1 as part of the Trans-pacific Westbound Rate Agreement's (TWRA) bid to bring rates on consolidated
      92 words
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      708 19 TIMES STP Distributors GO* JBB* MAERSK LINE MAERSK LINE SHORTENS THE JOURNEY 24 DAYS TO NEW YORK Tn« week M Rotterdam Closing Time CY 19* 0600 MRS CFS 18/5 2000 MRS ANDERS M AXEL M M TOKYO LUNA M ARTHUR M This week M Rotterdam Closing Time CV 19'S 0600
      708 words
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      802 20 u Hapag-Lloyd I CONTAINER SERVICE TO UK/CONTINENT ROTTERDAM/ ANTWERP P KELANG SOUTHAMPTON HAMBURG BRtMERHAVEN KAGA OSAKA BAY LIVERPOOL BAY LARGS BAY HONG KONG EXPRESS CARDIGAN BAY RHINE MARU ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN. COPENHAGEN, AARHUS, GOTHENBURG. MALMO, HELSINKI, OSLO, AMSTERDAM, CARIBBEAN S. AMERICA CONTAINER SERVICE
      802 words
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      18 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association. stf£\Vk•n@«
      18 words
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      Page 20 Advertisements Column 3
      437 20 I AMERICAN TRANSPORT LINES, INC. AmTrant. BY FEEDER VESSEL T0 *TLANTA. SAVANNAH. BALTIMORE. MIAMI. TAMPA. OTHER U S EAST COAST PORTS ON REQUEST ALSO ACCEPTING CARGO TO CENTRAL/SOUTH AMERICA CRISTOBAL. PUERTO CABELLO. SANTOS. RIO GRANDE. PARANAGUA RIO OE JANEIRO r« BUENOS AIRES OTHER PORTS ON REQUEST TO CARIBBEAN ST THOMAS
      437 words
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      1009 21 £2 The Straits Steamship Group r Mansfield Container Shipping Re Ltd wfc. P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT 7 M.06 10<06 1206 13« 1306 »0b 10/06 0606 12« 14/06 IMS 17« 17/06 19/06 21,06 22,06 22/06 ***** 26/06 27/06 03/07 05 07 07/07 0»/07 05/07 07/07 09/07 10/07 10/07 12,07
      1,009 words
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      Page 21 Advertisements Column 2
      599 21 CSAV Campania Sud Americana dc Vapcres S A Chilean Line tM '67? SERVICE to/from CHILE FEEDER VESSEL S PORE MOTHER VESSEL MR CSAV 1 M A VtSSU 14ft CSAV 2 M CAR CARRIER CSAV 3 17* B VESSEL »t ARICA IOQ ANTOFVALP SAI lit tit lilt 30?7 3(1 *t 2lt
      599 words
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      419 22 EISINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN TAKHTI IRAN VAHDAT Singapore 1/8 30/5 Loading for BANDAR ABBAS BANDAR ABBAS JAPAN/KOREA SERVICE Singapore Loading for 30/5 JAPAN. KOREA KYOWA LINE PNC/S. PACIFIC SERVICE Singapore Loading for: A VESSEL 15/6 LAE, PMB. RBL, HRA MICRONESIA SERVICE
      419 words
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      Page 22 Advertisements Column 2
      894 22 jex fSUA SHU K LINE smrtmc nn t FULLY CONTAINERISED SERV IC E TO EUROPE VIA SUCZ^^^^Mfmbf^MhfAceComoftonr HJIIY CONIfIINIRISfD 10 fROM NORTH SWfRICA WIS! COAST •FDR/MOTHER VESSEL SSB SSE/KOREAN WONIS SUN 70E SSB 65E/HANJIN BUSAN BE KCH *E KOREAN WONIS ONE 79€ KCH 36E/HANJIN POHANC 79E ACD 14E KOREAN WONIS
      894 words
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      Page 22 Advertisements Column 3
      344 22 FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO KOBE: SAILING 30/5 EURO-AFRICA SERVICES FOR: PORTO, LISBON, ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER ft ISTANBUL U.S.A. PORT MORESBY, RABUAL, LAE 3 MADANG NEW CALEDONIA FIJI ISLANDS NOUMEA SUVA/LAUTOKA 2/6 2/6 AUSTRALIA/ NEW ZEALAND SIN
      344 words
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      Page 22 Advertisements Column 4
      1204 22 JjHIPPIINU weanesaay, inay 10, isoo EVERGREEN Full Container Service J3ound-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GLOBE EVER GAINING EVER GUEST EVER CROUP EVER C*EN W Jw 21% m 2 T £2 5" ™S L TC LHV AN* ROM FLX HBG SCP il* iIS li *k I* »S 2M 30(t 1/7 10/7
      1,204 words
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      650 23 PACIFIC INTERNATIONAL LINES AV\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE VESSEL SEA HAWK KOTA EAGLE SEA DRAGON SEA HAWK VESSEL INTEGRA SEA FORTUNE INTEGRA MAJAPAHIT BANGKOK CONTAINER SERVICE BELAWAN/STRAITS CONTAINER SERVICE VESSEL ARNSTADT SIR I BHUM
      650 words
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      272 23 &NORBUL NOPBULK CARGO SERVICES LTD. r'° REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS NORBULK NBJO2 LOADING FOR TOKYO/INCHON "LOADS INDONESIA PORTS SUBJECT TO CHANGE WITH/WITHOUT PRIOR NOTICE SPORE MARATHON UNITED AGENCY PTE LTD TEL *****66 KL PK S P YEO SHPC TRDG KL 'W9844 PK 36M101 PENANG TANJONG
      272 words
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      Page 23 Advertisements Column 3
      663 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT m ouu bj V nn Liverpool by 25/5 L»p Bj. ID S Honffconf [mm 4 I C»r4i|jn by lift (Hint M»ru 17* Tofcio Eiprru 224 t MAVfN ROAM HAVRE M 14 12* 124 124 I*4 1M I*4 114 214 21* 214 M
      663 words
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      Page 23 Advertisements Column 4
      584 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSNIP SERVICES SINGAPORE TO EUROPE BILBAO ANTWERP H'BURG/ UNISIERRA/CP29/WB 30/5-2/6 RDAM/AOAM BREMEN PALEMBANG/9WB MAT ARAM'2IWB 10-13/6 25-28/6 Subject to Inducement. Also accepting cargo to Caeatolanca, Pofl Said, Port Aleiandria, Genoa,
      584 words
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      Page 23 Advertisements Column 5
      303 23 Page Y BOUSTEAD SHIPPING AGENCIES MYOMAYWA vno PAGAN VI2S PA AN VI2SW BURMA FIVE STAR SHIPPINC CfIRPHBATinw (Burmese National Line) Spore 30/31 May 4/5 Jun 4/5 Jun Loading for Rangoon P.Kelang Penang Bangkok 20/77 May ££4 BANK LINE V SEMI-CONTAINFR SFRwirc HLAVV LIH CAPABIIITV NORTHBOUND TO UKC SPORE RDAM HULL
      303 words
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      970 24 KAWASAKI KISEN KAISHA, LTD. 'K'linb N. AMERICA-ATLANTIC COAST VOY *INDO •PK/PNG 15/5 22/5 31/5 7/6 ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE VOY LB •PK PNG *INDO CHLS 19/4 26/4 3/5 10/5 ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE VIA FEEDER N. AMERICA PACIFIC SOUTH-WEST FEEDER VESSEL ORIENTAL
      970 words
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      Page 24 Advertisements Column 2
      822 24 'M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P Kelang Penary Loading tor: ORIENT SUCCESS V 107 It May TICCR BAY V May INDIAN COURIER V SON 26 May AGIOS ANDREAS V C-l 28 May ORIENT SUCCESS V 101 4 June S O NACALAND V 39H 3 June TIGER
      822 words
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      Page 24 Advertisements Column 3
      776 24 GOLDEN LINE GUAN GUMI SHIPPING (PTE) LTD 23. Tttok Ay ti StrMt SINGAPORE 0104 TEL 534JH8 (10 LINES) Fai *****04 STRAITS/PERSIAN GULF SERVICE: Spore PKeianj Penang GOLDCN BEAR Cotonbo Karachi Dubai 25/26 May GOLDEN HARVEST Cotombo Karachi Dubai 8/9 June CHINA SERVICE BAI YUN SHAN Xiamen Shanghai 24/25 May A
      776 words
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      Page 24 Advertisements Column 4
      545 24 VESSEL ETA SINGAPORE DESTINATION DUBAI OAMMAN KUWAIT BOMBAY DOHA MUSCAT BAHRAIN ABU DHABI 1 SHARJAH J EDO AH (LCI) NEW GENTRADC I 20/5 sss HWWmil wT!7rrr?Tri" M TBN 23/5 Jl/5. 2/6 ISA SERVICE _TBN I 21/$. 7ft lATTAKIA. BENGHAZI ALGIER. TRIPOLI ALEXANDRIA PORT SAID. PIRAEUS CASABLANCA LIMMASOL VALETTA ADEN DJIBOUTI
      545 words
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      844 25 NEPTUNE ORIENT LINES LTD S port NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA General Enqulrt**: Tel: *****77 Tel No Terminal CFS BOOKINGS *****53 *****42 Z2120Z2 *****53 27*119 *****16 *****1* *****40 P Kelang NEPLINE SON. BHD. *****87 INWARD/OUTWARD K Lumpur NEPLINE SON BHD *****33 INQUWIIS 2*7844 Pt>ui>t NEPLINE SON BHD t2a»(27MO/t27KI/t7ttt2
      844 words
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      Page 25 Advertisements Column 2
      529 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, BUSAN, INCHON STRAITS/KOREA SERVICE Vessel s Name ETO BS BKK S PORE PKELANG BUSAN M Enterprise M6N »,04 09/05 H-22/05 22 a/OS 04-07/08 No 9 Donam 804N 30/04 IMB 20-22/06 22-23/05 02-04/06 No 8 Donam 804 N 09/05
      529 words
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      Page 25 Advertisements Column 3
      660 25 \J\ 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 ***** PENANC P. KELANC MESSRS MAI THONG SHIPPING 127 Perung Street. Penang. Malaysia MS HANDLING SYSTEM CO SON
      660 words
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  • Page 26 Advertisements
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      226 26 VfLB DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE TO EUROPE E. THAELMANN 4/» 120/S 124/5 I 5/6 RUHLAND 4/88 I 1/* 17 6 WILHELM PIECK 4/BHIB/6 122-6 4/7 ■*VIA COLOMBO: Accepting cargo for INDIA Bombay, Cochin, Madras Calcutta LARNACA: Accepting cargo tor Lattakia, Piraeus, Thessaloniki, Izmir, Istanbul, .MefSin, Limassol, Beirut, Alexandria,
      226 words
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      Page 26 Advertisements Column 2
      172 26 Regional Weather ft S H m 7 r>i a SI I M ss X .s 1 Yi m X: T< Ik SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. O*Wind direction with speed in knots Wave height One holt tleche represents 5 knots R Thunderstorm Temperature <> c
      172 words
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      533 27 fi FARGO SHIPPING COMPANY (PTE) LTD N0.15 Hoe Chiang Road #13-02 Sanford Building, Singapore 0208 Tel: *****22 Tlx: ***** FASCO ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND VS. Ellen Hudi| 201 Sruual 203 AMwtrpw 2M C. Vtrotnw 205 U!,' Vlli 7 DAYS TO FREMANTLE! Also accepting cargo to:AUSTRALIA —Adelaide. Brisbane NEW
      533 words
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      Page 27 Advertisements Column 2
      185 27 V\CSP\ CSP SHIPPING AGENCIES PTE. LTJ). V > Tel: *****66 (16 Lines) Fai: *****15 LCL FIXED TWICE WEEKLY CONSOL U LCL FIXED CONSOLIDATION TO:CHINA, HONG KONG, BANGKOK, KEELUNG, KAOSHIUNG, KOBE, MANILA, BUSAN, INCHON, TOKYO, YOKOHAMA, OSAKA, COLOMBO, CALCUTTA, FELIXSTOWE, HAMBURG, BOMBAY, SYDNEY, MELB., KARACHI, CHITTAGONG, LEGHORN, JAKARTA, NAGOYA, GOTHERBURG. ALL
      185 words
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      Page 27 Advertisements Column 3
      820 27 AT CONVENTIONAL WHARVES Berth Arrival Departure KEPPEL WHARVES C*P NO"# Coly Ho-men HolsOtiO ieon lyfce* ienwm Km Merub leto Q«nghe<Keng Strops Hope V#*mg Y u h«og No 2 EQuotor IN Iromuor Jmon Ko»o KyOwO Orchid Ned Alk moor New Gent rode Nordhousen Son lu'S S*>ou« Tr.d*M >og PASIR PANJANG JURONG
      820 words
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      Page 27 Advertisements Column 4
      229 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. cn a n 'IJ onj/jj —\Jj ntA —c Algerian National Line OfUAjj S PORE LOADING FOR I MV KSAR ETTIR 19/5 alger, ORAN, ANNABA. TUNIS MV KSAR CHELLALA 4/6 alger, oran,.ANNABA, TUNIS ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heavy Lift 100 tons
      229 words
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      618 28 |Hi FINE-LINER shipping 'i 2» PTE LTD 1 '0 Shenton Wiy. 04 02C Virinj House Spore 0207 I TEL *****77 (8 Lines) TLX RS ***** FUNER FAX *****56 EUROPE SERVICE rr?.L.;.,n!i' j|.:.i«77TTrrTTTTTM I" IK IE I?, I ",5 FAR EAST SERVICE as m W W W 1M MIDDLE EAST GULF
      618 words
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      Page 28 Advertisements Column 2
      515 28 ZIM FULL CONTAINER SERVICE accepting FCL/LCL cargoes to USA East i West Coast Carribbean.East Canada HAITI Costa Rica. El Salvador. Guatemala. Honduras. Venezuela Peru. Ecuador. Colombia via Miami. Trinidad. Barbados. Antigua St Lucia. Montserrat. Guayana via Kingston l^^:.i«*T!rTTrrrMiTrMr?nMTrMrna !Trai mmammmm IM IBERIA IM IBERIA IM IBERIA IM MONTREAL IM HAIFA
      515 words
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      513 28 Everett Lines TWTHTTW^maE. \sA de vapores "PERUVIAN STATE LINE" LOADING FOR CALLAO. MATARANI, ILO* AND ALL OTHER M 1 A ifJkkliiu 14ill CPV THROUGH BILL OF LADING TO FINAL DESTINATION. P Kelanf* THOMASEVERETT HUGHEVERETT MANOLOEVERETT LOADING FOR Y AND OTHER JAI ALSO ACCEPTIN Singapore 22/23 May 6 7 Jun 13/14
      513 words
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  • Page 29 Advertisements
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      263 29 INTERCONTINENTAL LINE General/Marketing Agents: SEABRIDGE TRANSPORT SINGAPORE MALAYSIA (A member of the JEURO GROUP of COMPANIES. Japan) Singapore. *****11 Tlx R*****1 SEAAIR Fa*: *****50 Warehouse at PSA Multistorey Complex *****06 Malaysia: *****33 Tlx: MA***** Fax *****60 ieqmqui mmmoum mu\ WEEKLY FROM Singapore Port Kelang Penang UK/EUR6PE: FAR EAST United Kingdom
      263 words
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      Page 29 Advertisements Column 2
      243 29 UCB FREIGHT SERVICES INC. WEEKLY DEFINITE DEPARTURES FOR SHIPPERS CO-LOADERS TO CANADA USA MONTREAL, TORONTO VANCOUVER BC NEW YORK FOR BOOKINGS ft ENQUIRIES CALL: STAGER FREIGHT SERVICES PTE LTD TEL: *****38/ *****88 SAMTA QMOuP SAMTA SHIPPING AGENCIES PTE. LTD. NO. 3 SHENTON WAY #09-01, SHENTON HOUSE, SINGAPORE 0106 TEL: *****55
      243 words
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      418 29 HI sue HWANG HANS TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE VESSEL S PORE I BANGKOK Also accepting cargo lo KEEIUNG KAOHStUNG CHINA (via HONG KONGi P KELANG BUSAN 4 JAPAN E MALAYSIA 4 BRUNEI PORTS EUROPE USA CANADA S AUSTRALIA mi'Kii XIN HUA FUNIUSHAN TBN LUCKY
      418 words
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      586 29 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SP GLORY SELATAN IX SM GLORY SELATAN Vlll V7l 20* GLORY SELATAN Vlll V.77 SM PKL PN BLW KAOM BANJARMASIN 10/5 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN
      586 words
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      267 29 PTC CONTAINER LINES FCI/ICL SERVICE PIC GTKJUP m CICJ CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL. sin afsnanistan 21/5 HAIRATAN/KABUL/TOURGHUNDI WORLD FREIGHT SERVICES LTD International NVOCC Container Liner Weekly Service To and From U.K. (Accepting cargoes for all inland destinations in U.K. Genera; Agents POH TIONG CHOON SHIPPING (PTE)
      267 words
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      324 30 Hai Sun Hup Co (Pte) Ltd L TEL *****06 (20 Lines) TLX RS ***** RS ***** IMLintermaritime SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION DIRECT MONTHLY SAILINGS KK SPORE PK PI REU DBN CT TIMOR ISLAND V7l* Std SW SU pS/5 3/1 'Alio calls E.L. < P.E. GENERAL AGENTS: HAI SUN
      324 words
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      Page 30 Advertisements Column 2
      340 30 cgm: FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/MEXICO AND FRENCH WEST INDIES For: Halifax, Montreal Toronto, New York, Baltimore, Portsmouth, Norfolk, Savannah Alto serving GULF Miami, Mobile, New Orleans. Houston/Mexico Vera Cruz, Mexico City/ FRENCH W.lndies Port De France. Pointre A. Pitre, Degrad 0. Cannes. T-o
      340 words
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      120 30 ULTMfcTf ULTIMATE FREIGHT SERVICES PTE LTD T«t: *****11 Tlx: ***** Fax: *****82 LCL Acceptance T T"TT~' jJ.I A ill, 1 J Fremantle Closing 20/5 Noon SSs WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK LONDON, MARSEILLES Agem: NIIKNMSM SHIPPING (S| PTE LTD Tel: *****88 (8 Lines) Tlx: RS ***** SEAFIX
      120 words
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      Page 30 Advertisements Column 4
      469 30 /M a* CALL US AT U 1 P. KELANG 3T PENANG r J- BAHRU "mm p GUDANG lilii SINGAPORE i*-*''*' K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER 6 BUTANC 445 e BUTANC 447 P KELANG I MTHR VSL N DEJIMA B SURIA SELANDIA I B BUTANC 451
      469 words
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  • NORWAY
    • Article, Illustration
      The sea is a bridge
      430 31 THE NAME "Norway" was the term used by the Vim kings more than a thousand years ago for the shipping route along the Norwegian west coast. And it was the maritime traditions and experiences which initially brought Norwegians to Asia. This is another demonstration of
      430 words
    • Article, Illustration
      Singapore and Norway building on trade ties
      769 32  -  By LILIAN ANG BILATERAL RELATIONS between Norway and Singapore may soon improve if the plans of the relatively new regional representative and commercial counsellor of the Export Council of Norway, •Mr Ole Schistad. are anything to 190 by. Mr Schistad. who took on
      769 words
    • Article
      In a nutshell
      523 32 NORWAY is a modern industrial nation with extensive involvement in international shipping and trade. Diversified technical, manufacturing and commercial skills combine with important natural resources to support a wide range of established economic activities, as well as backing the development of new technology-based production or services industries.
      523 words
    • Article, Illustration
      Economy facing time of change
      960 33 IN THE COURSE of a few decades. Norway has become one of the richest countries in the world. From 1949 to 1985, its GNP rose by 4.28 per cent annually in fixed prices, -more than quadrupling (4.4) in the period. According to a study carried
      960 words
    • Article
      Sales abroad lead to growth at home
      623 33 A STRONG EXPANSION in nonoil commodity sales helped Norway to boost its physical exports by more than 8 per cent in 1987 compared with the year before to 144.7 billion kroner. Exports of so-called "traditional" commodities excluding petroleum, rigs and ships surged ahead
      623 words
    • Article, Illustration
      An industry back in shipshape condition
      1151 34 LINKS BETWEEN the Singapore and Norwegian shipping communities go back a long way. and Singapore's location as well as its infrastructure for ship repair, supply and bunker facilities have made it well-known within the international shipping industry. Norwegian shipping has contributed to Singapore's maritime
      1,151 words
    • Article, Illustration
      Manufacturers boast tradition of service
      420 35 MENTION marine equipment manufacturing in Norway and two names come to mind immediately Frank Mohn and Ulstein. And that should come as no surprise as they are among the biggest and most established manufacturers in the country. Both have established offices in Singapore, Ulstein since
      420 words
    • Article, Illustration
      Lock icon Outposts of expertise
      666 35 Three banks offering Norwegian know-how SINGAPORE plays an important part in the international activities of Norway's three largest commercial banks. Its strategic geographical location, stable political climate and positive economic environment have contributed to the decision by the three banks Den norske Creditbank, Christiama Bank and Bergen
      Company pictures by Lesley Koh  -  666 words
    • Article, Illustration
      Worldwide backup for better services
      363 36 THE DNV GROUP (Det norske Veritas), established in 1864, provides an extensive range of services to land, offshore and marine industries. The worldwide staff of the DnV Group is approximately 2,700 people with more than 70 per cent highly qualified and experienced technical personnel. In
      363 words
    • Article
      VPS takes the lead in fuel testing
      493 36 VERITAS Petroleum Services (VPS) is a specialist in fuel testing. Pioneered by Det norske Veritas in 1981. the analysis and evaluation of ships' bunker fuels has grown to become an invaluable service to shipowners and ship operators worldwide For the first quarter of
      493 words
    • Article, Illustration
      EB Communications for all your telecoms needs
      186 36 EB COMMUNICATIONS is a member of the Norwegian EB Corporation Group the largest industrial and telecommunications company in Norway Total group employees are now 15.000 worldwide with establishments in 16 companies The group s activities include telecommunications. information technology. the design and construction
      186 words
    • Article, Illustration
      Firms that kept faith through thick and thin
      632 37 Norwegian companies were among the pioneers who led the way in foreign investments in the Republic. And they've stood by Singapore through the good times and the bad. This report looks at how much they've accomplished and where they're headed in the
      632 words
    • Article, Illustration
      Paint producer that's making its mark in the region
      263 37 FOR DECADES. Jotun Protective Coatings serviced its customers out of North European ports. It was not until the 1970s that the company decided to expand its overseas network to the Far East. Singapore was a strategically obvious choice and an office
      263 words
    • Article, Illustration
      The Land of the Midnight Sun
      479 38 NORWAY'S tourist industry today employs about 90,000 people, or about 6 per cent of the total labour force. The growth of employment in the tourist industry is way above the general increase in employment in Norway. The majority work in the accommodation and restaurant
      479 words
    • Article, Illustration
      A shared concern for the environment
      247 38 "WE ARE BOTH very concerned about environmental questions. You have earned worldwide reputation in transforming Singapore into one of the cleanest and least polluted places in the world. We have also in Norway managed to make headway in this respect. In a global context,
      247 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      214 31 CONTENTS The Norwegian Constitution was born on the 17th of May 1814. But it was more than just a constitution. It was a national declaration of independence symbolising Norway's democratic government as well as her national freedom and sovereignity. On the following pages you will find facts and information about
      214 words
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      Page 31 Advertisements Column 2
      136 31 •p *^1 j J i i-i iM m m i- n.\ y- f N IP& tK*« > Jotun, the people who combine technology and economy. With its regional management and technical facilities based in Singapore and representatives in every port of the Far East, you can be sure of superior
      136 words
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  • Page 32 Advertisements
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      40 32 fk r m E IS T n»i i c u> 3 I *1 All business involves risk. Our business is to manage it DET NQRSKE VERITAS IN SOUTH EAST ASIA ADDRESS: VERITAS TECHNOLOGY CENTRE 10 SCIENCE PARK DRIVE SINGAPORE 0511.
      40 words
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      190 32 For more information, contact The Export Council of Norway 16, Raffles Quay #44-01 Hong Leong Building, S'pore 0104. Tel: *****16 CLASSIFICATION AND CERTIFICATION SINCE 1864 More than 4000 ships of 46 million GRT registered in 100 countries From small and simple floating structures to the largest and most sophisticated vessels.
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      65 33 Europe's Number 1 toothbrush congratulates the Government of Norway on the occasion of their National Day. Jordan, of Norway, have been making brushes and other dental products for the last 150 years. During this time, we've always paid special attention to quality control. And it is only upon passing the
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      53 33 -55. We value our connections with the SHIPPING, CHEMICAL ENGINEERING INDUSTRIES OF NORWAY and extend our good wishes on the occasion of NORWEGIAN NATIONAL DAY IN SINGAPORE HARRICROS CHEMICALS PTE LTD HARRICROS ENGINEERING PTE LTD HARPERS SHIPPING PTE LTD Telex Nos:CHEMICAIS: RS ***** Harcros SHIPPING: RS ***** Harpgil ENGINEERING: RS
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      71 34 Best Wishes to Norway on the Constitution Day Ship Management Crewing Corporate Management Chartering Agency Consultancy 70 Shenton Way, #19-03, Marina House, Singapore 0207. Tel: 220-9277 Fax: 224-9444 Telex: RS ***** SISMA Cable: "SINGA" MANILA BOMBAY LONDON BERGEN OSLO Tel (02) *****26 (22) *****69 (01) *****71 (05) *****0 (02) *****0
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      68 34 DEAD SLOW OR FULL AHEAD? f- V? > r/\ M ft $7 aafc*s YOU NEED A PROFESSIONAL BANKING PARTNER AT ALL TIMES! we are Here to assist you, We offer special competence in Trade Finance, Foreign Exchange, Shipping and Offshore Financing. BERGEN BANK ASIA for better banking 50 Raffles Place
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      216 35 Reliable Equipment from a Reliable Company n ,4 II St C H TRANSVERSE THRUSTERS Power range from 74 to 3.000 HP. Hydraulic, diesei or electric drive. Also available with noice and vibration reduction CP PROPELLERS Controllable Pitch Propellers, complete with reduction gears. Power range from 200 to 10.000 HP. m
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      31 35 J o N i W mm. -i.'.W 1 I m t A > >. x **>» ■||f| is > *9Kw Sole Distributor: Siow Chiang &Co Pte Ltd 227, Übi Avenue 4, Singapore 1440. Tel: *****76
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      249 36 Kenmore International Just Made Another Million, ▼JM' m| r 'r m"»w J- 4..« and Sold Them, too. Every month we make at least one million driers for the refrigeration and air conditioning industries around the world We're proud that our KMP driers are preferred by all the leading manufacturers. And
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      110 36 A growing number of corporations, financial institutions and banks have come to think of CHRISTIANIA BANK as their creative, service-minded partner in the Asia Pacific Region. CHRISTIAN IA BANK SINGAPORE BRANCH 6 Battery Road #34-01 Standard Chartered Bank Building Singapore 0104 Tel: *****00 Tlx: ***** Fax: *****06 Congratulations Best Wishes
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      43 37 SIMRAD Our World is the Sea -Offer reliable products and service for Fishery Research, Hydrographic,Offshore and Naval Applications. tn nri jp\ A 1 SIMRAD ALBATROSS PTE LTD 360 Orchard Road, #05-03 International Building Singapore 0923 Tel: 732-9794 Telex: ***** Fax: *****86 tN* SIMRAD
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      76 37 T a-SCAIV Jht> V andinavian Id#' FURNITURE PTE LTD Factory Showroom: 19 lurongßort Road. Singapore 22b 1 Tel. 265 b222 Authorized O-Van Ooj/mv Hoiwhold line*: Court* *> IV IJri If' 4».H I*">"> K- fH'< >'ii; l*Tf Ltd T,,: 1 t(-Ji) Difthelm S Itf I »fi If J.' "> i'.h Ottko
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      130 38 BARWIL at your service in South-East Asia BARWIL can offer Regional Agency coverage through owned and associated companies in all major ports throughout South East Asia. > 1. Marine crafts designed to do ship supply crew changes clearing in/out to vessels offshore. 2. Same services as above but instead of
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      155 38 Your reliable shipping contact in Singapore v Ship-Managers YJe manage in excess of 1.5 million DW Ship-Agents We handle in excess of 400 port calls annually Sale and purchase brokers Tanker Chartering THOME SHIP MANAGEMENT PTE LTD SHII'MANAGERS AGENTS THOME PARTNERS PTE LTD TANKER CHARTERING S*P Postal: P.O Box 2844
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