The Business Times, 3 June 1988

Total Pages: 32
1 32 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, JUNE 3, 1988 75 CENTS
    11 words
  • 266 1 AP Dow Jones lower STOCKS yesterday edged lower after Wall Street failed to sustain a two-day rally. Traders blamed profit-taking as stagnant bond prices and an easier dollar pressured stocks. Investors also remained wary ahead of today's May US employment data. The Dow fell 12 to 2052.
    AP  -  266 words
  • 339 1 THE STRONG flow of funds from institutional and local investors into the Singapore stock market pushed the leading market index up 14.48 points to a euphoric 1,020.92 the highest level so far this year. One analyst said that fund managers from the UK
    339 words
  • 578 1  -  MODERATION MUST BE EXERCISED, SAYS COUNCIL By CHUANG PECK MING THE National Wages Council has proposed a pay rise for workers this year, signalling an end to two years of wage restraint. And as reported in BT's last Saturday's issue, the tripartite body's 1988/89
    578 words
  • 156 1 THE GOVERNMENT has accepted this year's NWC guidelines. In its acceptance, the government noted that the NWC has recommended that the rise for 1988 should be moderate because of the uncertain economic outlook and the need to keep Singapore competitive. Total wage rises must fall behind productivity
    156 words
  • 122 1 A MAJOR CORRECTION to the recent sharp rises in rubber prices continued yesterday with prices falling steeply by 20 cents to $2.85 a kg. Prices opened slightly lower yesterday but rose to 315 cents at the afternoon closing. But profit-taking in the Japanese market caused
    122 words
  • 169 1 THE BANK of England yesterday raised its key money market rate by half a point to 8 per cent in an attempt to stem the sharp fall in the British currency on the world's major foreign exchanges. The rise prompted two major UK clearing
    169 words
  • 419 1  -  By TONG SUIT CHEE THE CONSTRUCTION Industry Development Board (CIDB) will move towards satisfying the demand for quality and value-for-money buildings, said Mr S Dhanabalan, the Minister of National Development, yesterday. The board will also focus on the need to help the industry
    419 words
  • 291 1 AFP. Bernama FORMER Malaysian deputy prime minister Musa Hitam announced yesterday that he will not join Umno (Baru), the party formed by Prime Minister Datuk Seri Dr Mahathir Mohamad to replace Umno after it was declared illegal by the High Court. His decision announced
    AFP.; Bernama  -  291 words
  • 286 1 Bernama PNA THE Philippine Department of Tourism (DOT) is targetting about US$l billion as tourist receipts by 1989 as against US$646 million in 1986 for the "Fiesta Island "89" programme. This was disclosed by DOT undersecretary for marketing and promptions Walfrido A Reyes at
    Bernama; PNA  -  286 words
  • 116 1 Reuter A MEETING of newly-restored democracies in Manila this weekend is likely to be dominated by international debt problems, Philippine Foreign Secretary Raul Manglapus said yesterday He said the 14-nation meeting would also discuss mutual support and ways of preventing a return to repressive
    Reuter  -  116 words
  • Page 1 Advertisements
    • 191 1 Full report, Page 16, Regional Markets, Page 18, World Markets, Page 19 Pork Rib Special |ttS* SI Now you can lunch or dine in executive style. Executive Set Lunch/Dinner from a selection of finest Sichuan cuisine is now served at Dragon City Sichuan Restaurant at a price you cam afford.
      191 words
    • 308 1 @\`*?__!~(;?~/%<~?<|[[_]:$}((@? What after Reagan? THE CLOSE RELATIONSHIP between President Reagan and Prime Minister Thatcher has been largely beneficial for both their countries and for the Western alliance at a time of dramatic changes in superpower ties. Mrs Thatcher appears to have Mr Reagan's ear, and she is seen as an
      308 words
    • 92 1 Minolta EP49OZ with Simul-Color. Construction exports committee to be set up, Page 2 Tun Salleh wants hearing made public, Back Page Tribunal may be set up by next week, Page 3 BALLY of Switzerland »wrf> chatk'Hfti• (</ ininomm V JOCKO r A L The Best of BALLY is to be
      92 words

  • HOME NEWS
    • 456 2  -  Plan to help industry form consortia for BOT projects By TONG SUIT CHEE A CONSTRUCTION exports advisory committee will be set up to advance Singapore's exports on a more co-ordinated basis, said Mr Chow Kok Fong. Mr Chow, general manager of the Construction
      456 words
    • 453 2  -  By SHOEB KAGOA HARD ON THE HEELS of a high-level mission just three months ago, the Trade Development Board (TDB) is beating a path to Taiwan again next week. This time, the mission will be led by chief executive officer Yeo Seng Teck,
      453 words
    • 179 2 A SEMINAR on the types of Generalised System of Preferences (GSP) schemes available and the trade laws of major developed countries will be held in Singapore next week The week-long seminar, to be held at Marina Mandarin Hotel from Monday, will discuss the best ways
      179 words
    • 157 2 IT IS VERY important for trading nations to share information on their standards and technical requirements. said Mr Eugene Yap, the senior parliamentary secretary (Trade and Industry, and Environment). Speaking yesterday at the opening of a two-day seminar, he said there is a need for effective systems to
      157 words
    • 325 2  -  By TAN KEE WEE A NATIONAL Training Award will be conferred by the Skills Development Fund Council this year to companies that have commendable plans to train their workers, disclosed Mr Mah Bow Tan yesterday. Mr Mah, the chairman of the National Productivity
      325 words
    • 362 2  - MRT shops 65pc off tenants opt to terminate three-year leases By LIM SOON NEO FIFTY-SIX shop tenants at Mass Rapid Transit (MRT) stations, who once were queueing to get in, are now eager to get out of their three-year leases. But in this case, they have been let off easily
      362 words
  • Page 2 Advertisements
    • 40 2 iWiTOYe. r^mciaaui* The Sa!vafcre Ferragamo Boutiqur 33 34 Wisma A»na To l 73.: 588' SALE At Wisma Atria 50-70% off on shoes, handbags and ready-to-wear for ladies and gentlemen. 3 days only-3rd to sth of June from 10am to Bpm.
      40 words
    • 141 2 rQIOVANNI'S BUFFET ITALIAN STYLE. UNFORQETTABLE! Qiovanni does it every day of the week! An unforgettable Italiari'Style lunch in the afternoon. It consists of a special Antipasto Buffet, unlimited Oyster and Salad Bar, Soup, Cheese and Dessert Buffet. Six main courses and different carvings from the trolley everyday, Andallforonly $28+ However,
      141 words

  • ASIA-PACIFIC
    • 416 3 AP A TRIBUNAL to investigate Malaysia's highest judge, Lord President Mohamed Salleh Abas, is expected to be set up next week, Attorney-General Abu Jalib Othman said yesterday. "The tribunal has to be set up *ery soon hopefully by next week,
      AP  -  416 words
    • 252 3 AFP INDONESIA will give copyright protection to American songwriters against pirating starting from Aug 1, the head of the country's record producer coordination team (TKPf) Rinto Harahap said in Jakarta on Wednesday. By Aug 1, pirated music cassettee of American songwriters should be
      AFP  -  252 words
    • 399 3 Reuter OPPONENTS so far dominate the debate over US military bases in the Philippines. making the outcome of negotiations on continued American use of two key facilities uncertain, a study released on Wednesday said. The study, by the US Council on Foreign Relations. said the
      Reuter  -  399 words
    • 201 3 AP JAPAN and the Philippines have reached agreement on deferring repayment of the bulk of Japanese loans worth US$5Bl million, the Japanese Foreign Ministry announced on Wednesday. Repayment of 70 per cent of the loans, originally due to be paid back by this month,
      AP  -  201 words
    • 132 3 AP VIETNAM'S National Assembly will name a new prime minister when it convenes during the last 10 days of this month, an official Vietnamese radio broadcast said. Radio Hanoi said on Wednesday that the Council of State headed by President Vo Chi
      AP  -  132 words
    • 166 3 AP SOUTH KOREA'S exports in May rose 16 per cent to U554.67 billion, slumping from an average rise of 32.5 per cent during the first four months of the year, the trade and foreign ministries said yesterday. The May figure compared to US$4.O2
      AP  -  166 words
    • 106 3 AFP BOLD PLANS to harness the Yangtze River for hydroelectric power are too ambitious for China, a top Chinese physicist says. Wang Qanchang, 81, honorary president of China's Academy of Atomic Energy, said China is still too poor to tackle the Three Gorges project, potentially the
      AFP  -  106 words
  • Page 3 Advertisements
    • 82 3 EC proposing mora protection, Pagt 4 •scj k |ar: jgj g§i I i i <-.v 3 tS" Ml m at 'J V* :V"-j-T-fM". r- a, a? T 39 It .r. IS 3(#S 'v.v' V--4. p ■r 4* 1 < •> *3 "■•A.;. m ■•?.> £4 f. 1 to «r *t*
      82 words
  • Page 3 Miscellaneous
    • 22 3 Doonesbury m aa: •flHi m t Tt I I 3* i l§ a V I 1- 1* t /i. BY GARRY TRUDEAU
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    • 101 3 Adeloid* Amsterdom Athens Bahroin Bangkok Barbodos Doffing Beirut Betgrode Berlin Bermuda Max/ Note Mln rc> 22/13 Fine 16/11 Oowdy 32/18 Oowdy 38/28 Ooudy 32/25 Cloor 31/25 Cloudy 30/13 Cleor 28/20 Sumy 25/18 Clowdy 18/10 Ooudy 25/23 Cloor 18/10 Shower* 23/15 Rain 14/08 Oowdy 10/03 Oowdy 33/18 Oear 17/06 Rain 17/04
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  • 642 4 ARRIVALS Operator Service Local From number time 1A BAI1 1520 LHR/BAH Al AI430 1530 bom/aaaa MAS MH61 3 1605 KUl ATLOT SU559 1625 MOW/BOM NW NW90I 1645 JFK/ORD/ ANC/NRT MAS MH615 1650 KUL SIA SQUI 1705 KUL ANZ TE27 1715 AKL SIA SO 205 1715 CGK SIA
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  • REST OF THE WORLD
    • 350 4 Technical safeguards needed for digital audio tape-recorders AFP THE EUROPEAN Community's executive in Brussels on Wednesday suggested a toughening of laws, backed by technical safeguards in new digital audio tape-recorders, as a means of curbing widespread piracy of copyrights. Declaring that illicit copying had become
      AFP  -  350 words
    • 205 4 AFP IF THE United States failed to tighten budget policy, interest rates could rise still higher, says Paul Volcker, former chairman of the Federal Reserve Mr Volcker, speaking at a banking conference in Paris, said: "I would rather see
      AFP  -  205 words
    • 298 4 Reuter JAPANESE Prime Minister Noboru Takeshita said on Wednesday that his country was studying new ways of resolving its trade disputes with the US and a possible free trade agreement was under consideration. Mr Takeshita said US Ambassador to Japan Mike Mansfield had
      Reuter  -  298 words
    • 264 4 Reuter CHRYSLER Corp chairman Lee lacocca. in a book published on Wednesday, called on the US to freeze its trade deficit with Japan and order Tokyo to reduce it by 20 per cent annually until it disappeared. In
      Reuter  -  264 words
    • 215 4 Reuter CUSTOMERS of British Telecoms still get a raw deal despite privatisation and the government should end the company's monopoly to improve its service, according to Britain's Consumers' Association. The survey published yesterday in the latest edition of the independent association's magazine Which? found
      Reuter  -  215 words
    • 93 4 AFP BRITAIN'S Energy Secretary Cecil Parkinson called on British firms to boost their exports to Japan in a speech to 1.800 industrialists in London, kicking off a two-month campaign to urge UK firms to export more to Japan. Japan is "among Brit- ain's
      AFP  -  93 words
  • Page 4 Advertisements

  • COMMODITIES
    • 273 5 R AS prices in S cents/kg, FOB In bale* NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 310.00 320.00N 285.00 295.00N Int 1 RSS July 88 t 315.00 325.00N 285.00 295.00 Int 1 RSS August 320.00 330.00 290.00 300.00 Int 2 RSS OP 305.00 309.00N
      273 words
    • 74 5 (cants/kg) JULY 1988 AUGUST 1988 (current month) (forward month) RAS NOON NOON Bvy*r> S*M*r> S«4l«n SSR 30 273.00 278.00N 273.00 278.00N SSR 50 271.00 276.00N 271.00 276.00N MRELB B«y»rj S*ll*rs Buyers S«M«ri SMR cv 560.00 564.00N 562.00 566.00N SMR L S6S.00 569.00N 567.00 571.00N SMS 5 352.00
      74 words
    • 242 5 SINGAPORE The market again closed sharply lower yesterday with July One RSS buyers price quoted at 285.00 cents a Kg. down 20 cents from Wednesday's close. The market was under- going a correction after being in an over-bought state from its recent sharp rises. But the undertone remained bullish
      242 words
    • 97 5 THE PRICE of tin on the KLTM rose another nine cents to M 517.95 a kg yesterday on continued strong buying interest Turnover fell to 112 tonnes from 143 on Tuesday, with some miners holding back in anticipation of a further surge in prices. Uncertainty prevailed on the
      97 words
    • 78 5 PRODUCT and crude prices stagnated in dull trading yesterday Closing prices for crude (FOB origin) USS/borra4 Owne* Topt* IJun*) 17.20 undi Minoi (Jim) 16.66 Owboi (My) 14.72 km* W«t» T«ioi WT1 (My)* 17.64 ♦0.12 N»w Tort dow prvrtowt doy Products (FOB S'pore) US$/borr«l Oong« 21.30 wncfc CoMfl
      78 words
    • 296 5 London Commodity Exchange Buyer/Seller doting prices on ion 1 (£/tonn« unless specified). Previous closing prices in parenthesis. Coffee (atii in-stor* London, tellers option CIF London Jul 1072/1073 (1072/1075) High/Low 1110/1072 S*P 1083/1084 (1081/1082) High/Low 1119/1083 Sales (5681) Cocoa Jul 933/934 (936/937) High/Low 947/932 S*P 952/953 (956/958) High/Low 963/952
      296 words
    • 279 5 HONGKONG: The metal closed lower in active trading yesterday on light profit-taking by local and Japanese investors. Bullion ended at U*****.50/455.00 an ounce against an initial U*****.30/70 and compared with New York's close of U*****.00/50. On the local market, the metal fell HK$3O to close at HK54,236 a
      279 words
    • 401 5 MALAYSIAN CRUDE PALM OIL FUTURES closed higher yesterday, extending Tuesday's limit-up gains on further covering and speculative buying interest, in increased trading activity. Dealers said that the rise was aided by net gains in Chicago soyoil futures values over the last two days. September closed Ms 23 firmer
      401 words
    • 233 5 Chinese Produce Coffee Bangkok '0% 305 Exchange API FOB NSW 435.00 Closing prices en June 2 (US $/tonne, FOB) Maize unq Solleri' noon doting prices on AP2 FOB NSW 370.00 London Commodity June 2 (SS/100 kg) EK1 FOB NSW Robvtta 20/25% 380.00 White Rice Exchange Coconut oil FOB
      233 words
  • Page 5 Advertisements
    • 314 5 The soybean and whaat reports wars held over yesterday due to pressure on space. The World's Only 3-Dimensional Full Color Copier t I r fs? r-• v. J* -*im ?>■: 1-" #sc \v ;KH J cnJT The incredible Konica Color 7. A revolutionary full color copy machine packed with features
      314 words

  • MONEY AND EXCHANGES
    • 1197 6 SINGAPORE: The US dollar closed firmer against the yen yesterday on bullish sentiment and higher US stocks but was mixed against the other major currencies ahead of the release of May US job data today. "Japanese exporters' selling interest at 125.70 yen failed to stem the dollar's rise
      1,197 words
    • 388 6 ASIAN DOLLAR deposit rats closed little changed at slightly softer opening levels in quiet trading yesterday. News that the Federal Reserve will not raise its discount rate caused rates to ease by 1/16 to 1/4 points at the outset on lending interest. Rates remained unchanged in subsequent
      388 words
    • 982 6 EURODOLLAR futures on the Singapore International Monetary Exchange gapped sharply higher yesterday than the previous settlement and continued to trade higher on short-cov-ering activities and triggering buy-stops along the way. The September contract traded to the high of 91 85 from a low of 91 81. after opening at
      982 words
    • 229 6 Reuter IMM currency futures closed mixed on Wednesday. with most contracts near session lows. Late activity was thin and quiet generally, but yen fell narrowly to fresh session lows on technical-ly-driven selling The June contract earlier broke support from 0.*****8 to 0.7993, forming a bearish chart pattern Yen and
      Reuter  -  229 words
    • 1347 6 CURRENCY FUTURES OPTIONS Thursdoy, Jun 2 1988 DEUTSCHEMARK (SIMEX) Jun M c»l(. Jun M puts High Low Sett High Low Sea 54 CAI 55 CAI 56 CAI 57 95A 90 2 58 9 168 19 59 CAi lOSi no 60 CAi 205i 210 61 CAi 3J5 62 CAi 415
      1,347 words
  • Page 6 Advertisements
    • 110 6 "But why should they want to take even the carpet tiles,constable?" "Loboflor." Now the famous toughness, stain-resistance and good looks of Loboflor are available in carpet tiles. They are easy to install and easy to remove, retaining their shape for simple re-use over again. And with the Loboflor ten-year guarantee,
      110 words
    • 17 6 Comex gold and silver quotes were not available yesterday. B4NQUEINDOSUEZ 3 Shenton Way, Shenton House, Singapore 0106
      17 words

  • BANKING AND FINANCE
    • 576 7 AP INTEREST RATES in the US could rise in coming months, and there is little likelihood of any easing of rates in Germany. Japan, Canada and Italy, according to the Organisation for Economic Cooperation and Development. France was the only member country
      AP  -  576 words
    • 482 7 Reuter AMERICAN TREASURY SECRETARY James Baker on Wednesday unveiled a new debt initiative to help the poorest countries but ruled out writing off or rescheduling Third World debt. Mr Baker announced the plan at a meeting of the African
      Reuter  -  482 words
    • 564 7 IHT STERLING FELL more than two pfennigs against the Deutschemark on Wednesday in Europe and ended sharply lower against other major currencies as investors abandoned the British currency, ending its six-week advance with an avalanche of profit-taking. At the same time, the US dollar's recent
      IHT  -  564 words
    • 209 7 Reuter TAIWAN'S central bank has clamped limits on its loans to commercial banks to force them to raise their deposit rates, according to a bank official. The official said on Wednesday the aim was to attract more bank depositors and soak up excess
      Reuter  -  209 words
    • 85 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ881 20F 01.09.88 3.86 3.81 3.83 3.81 6 month* BY*****T 24.11.88 3.86 3.81 3.83 3.83 1 year BY*****Z 23.3.89 3.86 3.81 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's
      85 words
    • 190 7 Indicates the average of the prime lending rate* of 12 ma)or banks in S'pore Interbank market rates (offer/bid) on June 2 us$ DM SWFC Yen 7 days 7 7/14 J/16 6 7/8 J/8 J i/j j/e J 7/$ J/4 3 7/8 3/4 1 mft> 7 l/J 3/8
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    • 53 7 OVERNIGHT money re mained unchanged at 4 pe cent yesterday. The tern rates were also unchange< across the board. S$ Interbank rates at 12 noon yesterday: OfFfK WO Over mgh. 4 3 7/8 1 month 4 3 7/8 2-mortf 4 1/16 3 15/16 3-monlfc 4 1/8 4 Overnight
      53 words
  • Page 7 Advertisements
    • 282 7 --f ammm> wmmmsmmsmmmmmmmmmmmmmm fes' *-s' safestyet <«s£|o ,AV n «r*?; ;>>* H <Ifv>f kL.: .VI r A FIRST/THIRD AVENUE 1 1 .1 <w •X >3 'V. W?\: in i- >> -.'6. *g •K i .*v* iTi ■/> >> .'s-f v* <*? V*JL» Vf r c r y tk V VICTORIA
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  • TECHNOLOGY
    • 543 8  -  By JEFFREY TSANG DEMAND for semiconductors by Asian countries has been projected to grow at a compound rate of nearly 24 per cent over the next five years which will make it the fastest growing region in the world, says a study
      Source: Dataquest  -  543 words
    • 263 8 NYT ERNST AUGUST Friedrich Ruska, an electrical engineer who shared the 1986 Nobel Prize in physics for his invention of the electron microscope, has died in West Berlin. He was 81. The electron microscope for which Ruska was honoured by the Nobel committee is one
      NYT  -  263 words
    • 560 8 SINGAPORE computer users rate Japanese vendors higher than their American counterparts, according to a user satisfaction survey published last month. Japanese firms took the top two spots when users were asked to rate their vendors' products and service on a scale of one for
      560 words
    • 617 8 ma By JT WORD PROCESSING used to be a simple matter of typing on a screen and then printing out a clean sheet of paper on which all corrections have been made sans bianco. But several breakthroughs have been made over the
      By JT  -  617 words
    • 665 8 NYT INTERNATIONAL Business Machines Corp is expected to introduce several new PS/2 computers and an important new version of DOS (disk operating system) software soon. At the same time, the Compaq Computer Corp is planning to roll out a significant new PC. Several
      NYT  -  665 words
    • TECH-TAKES
      • 200 8 NYT A COMPUTER developed for high-resolution satellite photography is now producing detailed X-ray movies of the heart The movies are being used by cardiologists to help them perform angioplasty, an alternative to coronary bypass surgery. The angioplasty procedure involves the insertion of a catheter
        NYT  -  200 words
    • 134 8 UPI SONY CORP has unveiled its first VHS-format videocassette recorders, virtually putting an end to the "video war" between Sony's Beta-format and the rival VHS. A new Sony VHS-format hi-fi videocaasette recorder model and a play-only model will be introduced on the Japanese market on July
      UPI  -  134 words
  • Page 8 Advertisements
    • 122 8 connects in Singapore In the ever-changing world of communications, connections count. And no-one has better connections than CASE Communications. Now, with the opening of our new office in the Standard Chartered Bank Building, CASE has brought its unrivalled sales and support network to Singapore. A true demonstration of our commitment
      122 words
    • 122 8 v f tt++ SkaoM*| Ym Tlm Buffet Breakfast a a—- ■>*' 3 O'clock Tea $18.00++ BBQ Dinner >31C $7.51+ Teockew Wp Buffet Supper viMf&rur/ a Your next shop? Make it at i& WW "S* 'ks SIM LIM SQUARE 3 Asia's largest electrical, electronic computer centre 482 umts 10 choose Irom
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  • Page 9 Advertisements
    • 202 9 mm n.; HEWLETT-PACKARD PRECISION ARCHITECTURE LESS IS MORE I IP» SI Hewlett-Packard has revolutionised the world of supermini computers. Through a simple principle: less is more. In today's complex computers, 80% of the design is rarely used. it's actually getting in the way. Slowing you down. And costing you money.
      202 words

  • PERSPECTIVE
    • 493 10 IN BROOMING OUT Prime Minister Mohammad Khan Junejo along with the Cabinet and the National Assembly, Pakistani President General Mohammed Zia Ul-Haq has given notice that his country is not ready for Western-style democracy. General Zia today faces a host of challenges. He must ensure that
      493 words
    • 1325 10  -  The special relationship established between the United States and Britain over the years has been made possible because of the close, personal friendship between President Reagan and Mrs Thatcher. WARREN GETLER looks at the nature of this relationship and what would happen in the post-Reagan era. WARREN
      IHT  -  1,325 words
    • Article, Illustration
      1473 12  -  The days of eager Japanese investors paying exorbitant prices for US commercial property are over. ERIC BERG reports on the change of pace, price and priority J I r MM Ml WW ERIC BERG NYT AFTER PAYING extraordinary sums for premier office buildings in New York, Los
      NYT  -  1,473 words
  • Page 10 Advertisements
    • 60 10 < w Takes great pleasure to announce the appointment of If I fll V fm i u > -7* i; KST-' 1 52 Kallang Bahru #04-01 Singapore 1233 Tel: *****44 Telex: RS ***** Cosdel Fax No: *****12 As distributor of SANRIO PRODUCTS In Singapore. LEXIM (SINGAPORE) PTE LTD Shall remain
      60 words

  • Page 11 Advertisements
    • 101 11 ERIES LAFAYETU r. v\ 1 r X 7 ■*C V\ "U v\ V v l v *■4 f- f r 1 < i > t I 4. f s f #t» i: f. I i 111 *>*• J I > i > «R*. ar •I X" JSJ 1 > >.
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  • Page 12 Advertisements
    • 208 12 NOTICES ANNOUNCEMENT BOYDEN WORLD CORPORATION, a company registered in the State of Delaware, U.S.A. hereby announces that it has terminated its licence agreement with Mr Thomas Milton Heysek and Boyden Associates Private Limited. The Directors BOYDEN WORLD CORPORATION IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE
      208 words
    • 318 12 In the matter of THE COMPANIES ACT. CAP. 50 In the matter of i CHONG WOON (PTE) LTD At an Extraordinary General Meeting of the Members of CHONG WOON I (PTE) LTD duly convened and held at #02-20 Hotel Miramar 401 Havelock Road Singapore 0316 on Saturday the 28th day
      318 words
    • 273 12 OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME We. Vista Shipping Pte Ltd of 460 Alexandra Road. No. 25-04 PSA Building. Singapore 0511. hereby give notice that in conser quence of the intended I purchase of the undermen- tioned vessel, we have applied to the Registrar of i Singapore Ships,
      273 words
  • Page 12 Miscellaneous
    • 672 12 mmmim aaaa ana a CRYPTIC PUZZLE ACROSS 4 Forgo a ticket to higher places (4. 2) 7 Like a busy equestrian life? (8) 8 Factors concerned with the news, perhaps (6) 10 One's grip on a good tool (5) 13 Experienced, though not sounding it (4) 14 Old-fashioned army (4)
      672 words
    • 127 12 VLLBeMPNGfcD 1 VAP*VC TO SUJ££J H£U) G«l OH Twe Su3\TcweoftßD roTo GIVING rv>e f\ uue,-.. tOHO Does SHE. ThiNK sue IS* 6f3ST£XO! KXJ PifcE.l NOU GETTING OJ TMOSeTLOO j A Ciu/hf' I'm U)P*»tinlG roR TMC Su3»TOHBCP\RD TO me. BRCK > —r*A \f CL V-, »sb uot of mONGY PvT STRVC6,
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  • Page 13 Advertisements
    • 318 13 GALERIES LAFAYETTE -iS^X i W&& 6»*T msgrcg&f BHBRF m as t.. *j£piP« iSSi^C A f T J t; Vv: w *V > v»«. *>.? 1 HI Hl' r f v. r., m Vv^i v 'Vi >« c a u"J *7*/ 4 f J I I.' 4 >• /V* r .ii
      318 words

  • SPORTS & LEISURE
    • 813 14  -  From SHIRISH NADKARNI COMPETITIVE BADMINTON, it is becoming increasingly clear, is not a sport for the old. Speed, fitness and youth have become the three pre-requisites at the international level. Nothing brought out this fact better than the spine-chilling cliff-hanger of a Thomas
      813 words
    • 262 15 FRENCH OPEN AP TOP-RANKED Ivan Lendl, looking drained by his two-day victory over John McEnroe, was upset last night in the quarter-fi-nals of the French Open tennis tournament by unseeded Jonas Svensson of Sweden. Svensson, ranked 21st in the world, varied his backcourt game with
      AP  -  262 words
    • 281 15 AP ADRIAN DANTLEY's three-point play gave Detroit the lead in overtime and Isiah Thomas scored 29 of his 35 points after half-time as the Pistons took a 3-2 lead in the NBA Eastern Conference finals with a 102-96 victory over Boston Celtics on Wednesday
      AP  -  281 words
    • 466 15  -  By CHARLES SAVAGE "SINGAPORE will win the Tiger Open." says resident Sembawang Country Club pro M Murugiah. Playing at the Tiger pro-am yesterday. Murugiah put his bet on fellow resident pro Lim Choo Kee to take the trophy. "Choo Kee is
      466 words
    • 560 15  -  MOMOMRB7 BUSIHBSS with Mike Cashmore THE ROLE of Coronary Heart Disease (CHD) as a major killer is well documented. CHD results from disease of the coronary arteries which feed nourishment to the heart muscle itself. Sometimes there may be a genetic abnormality
      560 words
    • 182 15 THE Singapore Contract Bridge Association is playing host to the First Far East Bridge Congress tomorrow at the Hyatt Hotel. But the association's members and most of the 200 foreign participants playing in the nine-day bridge games are also expected to participate in the worldwide Epson
      182 words
  • Page 14 Advertisements
    • 209 14 COURVOISIERXO -hh 11 no l Al.msi jr W I a m m w ;P o ?onecQHpolicy a band with a faraway name but who's right at home with the crowd at Treetops Bar... 8 pm onwards. A Royal &wC Singapore li A °toe recreate sptaaffyfor you tHe rick, spicy flavours
      209 words
    • 113 14 BARBEQUE 4 N' FASHION SHOW. a double pleasure, by the POOLSIDE, food served 7pm 10pm showtime 8.15pm, every Thursday* and Friday. Select from a variety of: salads and dressing, vegetables, meat, seafood and desserts. Not forgetting choice of coffee or tea. $1630++ per adult $10.00 per child under 12 years
      113 words
    • 260 14 FIUPINA4 SPECIAL FILIPINO DISHES, SURPRISINGLY SPICY! June 1 —15,1988 only. Discover the entrancingly spicy dishes of Cebu among the Philippine specialities at Plum's daily lunch and dinner buffets. $20/Win! Return tickets via Philippine Airlines plus accommodations at plush Cebu Plaza Hotel and Hyatt Regency Manila. Plus many more attractive prizes,
      260 words
    • 180 14 TPTITTT I'riday. Enjoy! After Bpm £et 10% off every hottle purchased. Cluh 5. Where you'll have happy hours on ft I Anile. Every second's on-the-house! The Fountain Lounge is flowing with the good times Between 5 and 8 pm daily, tor every drink you order you get your next FREE.
      180 words
    • 166 14 ft Feast fit for the Queen Tuck into the best of British cooking fron June 1 to 30. With Melton Mowbray pie, Fish 'n' chips, Prawns in Whisky, Stewed rabbit casserole, North sea cod fillet, Beef Wellington, English trifle and Oxford lardy cake. Over 60 British favourites for just w-
      166 words

  • Page 15 Advertisements
    • 372 15 ENTERTAIN [jubertufi (ferill U.S. Beef Primed To Perfection June 1 30, 1988 Enjoy U.s. Prime Mb of Beef at a promotional price of $22.50 for this month only. A prime dinner choice, carved at your table and served with braised onions, a baked Idaho potato and crisp green salad Claim
      372 words
    • 260 15 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES. PALM c w For between $26++ and $40+ C~~ I OU Can se ect f rom our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish
      260 words
    • 8 15 o o a 1 cn 5 7* g
      8 words
    • 22 15 WtySeptember is such a busy month for athletes. **4 THE SEOUL OLYMPICS AND THE 6TH TIMES INTER BUSINESS HOUSE ATHLETICS MEET 1988
      22 words

  • STOCK EXCHANGE OF SINGAPORE
    • 4898 16 DESPITE A SLOW START, share prices on the local stock market continued to rally yesterday on late overseas buying interest. Brokers said the flood of money, particularly from the UK and Japan, and Wall Street's two-day rally were the major factors for the market's
      4,898 words
  • Page 16 Advertisements

  • COMPANY NEWS
    • 462 17 RISING Sesdaq star GB Holdings Ltd chalked up an impressive post-tax profit of $5.88 million far exceeding its offer prospectus forecast for the year ended March 31. 1988. Riding on the back of its glowing results, the luxury yacht-maker has announced plans to
      462 words
    • 403 17 MBT THE MATSUSHITA group is to build a Mss4 million colour television factory in Malaysia. The plant is expected to have a large production capacity for export and will most probably be located in Shah Alam, Selangor's new capital. "We intend to shift
      MBT  -  403 words
    • 412 17  -  By LISA LEE DAH YUNG Investment has taken on a new local partner, Aquiline Resources Pte Ltd. to reduce its debts and to expand its business activities in China. The industrial gas manufacturer and trader has entered into an agreement
      412 words
    • 502 17  -  Interest held through subsidiary Lee Hing By LEE HAN SHIH THE PARKWAY Holdings group has built up a 10 per cent stake in ATV, the smaller of the two television companies in Hongkong. The stake, accumulated through bargain-hunting after the October Crash, is
      502 words
    • 582 17  -  By CORRINA LIM AN UPBEAT Singapore economy and a sharp 16 per cent rise in the number of tourists in the first quarter of this year suggest that the big retail stores are in for another good
      582 words
    • 276 17 Agencies THE Hongkong government has set up a special team to deal with the recommendations made by the Securities Review Committee, Financial Secretary Piers Jacobs said yesterday. The long-awaited report on Hongkong's financial markets recommends the legalisation of short selling of shares,
      Agencies  -  276 words
    • 349 17 MBT TWO OFFICIALS from the Korean Stock Exchange will visit the Kuala Lumpur Stock Exchange at the end of the month to help in the setting-up of the proposed Central Depository System (CDS). KLSE chairman Nik Mohamed Din bin Datuk Nik
      MBT  -  349 words
    • COMPANY BRIEFS
      • 24 17 MALAYA Tin Printing Company will be holding its annual general meeting on June 18 at the company's registered office.
        24 words
      • 74 17 SHANGRI-LA HOTEL Ltd has appointed Mr Goh Soo Siah as its chairman following the resignation of Tan Sri Philip Kuok Hock Khee. who was also a director of the company. Mdm Kuok Oon Kwong has been appointed to fill the post of director vacated by Tan
        74 words
      • 48 17 SINGAPORE Reinsurance Corporation Ltd has incorporated a wholly-owned subsidiary, Singße Information Technology Pte Ltd, to distribute computers and computer-related products and services. The company has an authorised capital of $500,000 and an initial paid-up capital of $2 which will be increased to $100,000
        48 words
    • 4177 17 810 and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      4,177 words
    • 286 17 Monagerj' prices for June 3 Japan Gr Fund Shenton Thrift Fund 1 S» 082 164 082 Singapore Unit Trust UOB Management Unifund 0 885 0885 The Commerce 096 1 02Unibond 1005 103 The Savings Fund S'po'e P'Ofl Fund OSS 040 091 044 MARA-Bumiputra S pore Sec Fund 067
      286 words

  • REGIONAL MARKETS
    • 1475 18 Hongkong HONGKONG share prices closed sharply higher yesterday in active trading following sharp gains in Tokyo and New York, dealers said. The Hang Seng Index rose 30.43 points to 2,546.67 and the broaderbased Hong Kong Index finished 21.40 points higher at 1,685. "There was a lot of
      1,475 words
    • 509 18 Reuter TOKYO share prices closed at a new high yesterday in active trade due in large part to Wall Street's two-day rally, and while profit-taking pared earlier gains, sentiment remained positive, brokers said. "Tokyo has risen for four straight days now, and while some caution has seeped in, there
      Reuter  -  509 words
    • 138 18 Reuter THE SECURITIES Exchange of Thailand Index roee 3.37 to 432.03 on a turnover of 5,647,013 shares worth 819.16 million baht. Reuter JIM 1 MKT Ao Kham Thai Ayudhya Invaatmant Bangkok Agro-lnd Bangkok Bank Bank Of Ayudhya Charoong Thai Wtra CaMa Data mat Ohana Siam Fin Aaia Fibra Duaitani
      Reuter  -  138 words
    • 473 18 Reuter NERVOUSNESS about huge gains on Wall Street saw the Australian share market close sharply lower yesterday as profit-tak-ers moved in. Brokers said the market was unsettled after a 100-point rise to 2.064 on the Dow Jones in the past two days. "I think the two enormous rises on
      Reuter  -  473 words
    • 71 18 moi Oriental B Phil OuniM 0042 im unch 0001 Anglo PM 0 011 PhMa* B 0.40 MtniftQ 0 004 Ptcoo B AMm Con B 22 90 -0 w PL0t 177 4-2 M San Ml jual B IM 002 0023 -0 001 Benguet Con. F.r*» PMI HMg> 140 unch 01
      71 words
    • 100 18 JUME WON Kal ***** •100 -300 Kla Motor ***** >400 Chati Sugar ***** -300 DaatMn Ind Dhwoo Corp 2M00 200 unch Koraa Long Tarm Lucky LM ***** uocfc Daawoo Hmvy DrtNn Sacurtnaa Dong Ah Phar Dong Soh Stock Dongbu SImi ***** ***** ***** ***** ***** •100 +1600 100 1900
      100 words
    • 251 18 JUNE 01 NT t 40 30 All Smears Indus Asia Camant Cathay Con* 8.40 ••so 110.00 0 15 05 3 Kuochan Dav Laa Chang Yuan Cham Indus Lian Hwa Indua Nan Ya Ptaa •1.50 •too 7100 •3 00 15 15 •1 2 Chang Hwa Bank Chang Loong Chia Ham
      251 words
    • 3367 18 SHARE PRICES soared on late buying interest to close broadly higher on the Kuala Lumpur stock market yesterday. Blue chipe and quality stocks posted double-digit gains. Reflecting the firmer trend, the 30-counter New Straits Times Industrial Ordinary Share Index rose 44.27 points to 1,662.69. At the close of trading,
      3,367 words
  • Page 18 Advertisements
    • 94 18 m 4 X* s r f, -—V •4, k W; S3ST ■T:*\ f>lA t> ill u 191 r^A ym KA v- V. •v. >*! m *.> v •< .-<•'•.<•• stw?. v V^^SHb^---■ '''"^3£ v: 4 *jj£*«k '4 y efl^*pF' Jvv *w... 'teSPr '*5 C- V X■■ -1KB»H. >'- yvC 33SsSjfe'
      94 words

  • WORLD MARKETS
    • 1041 19 New York Reuter THE strengthening conviction that interest rates may have temporarily peaked sent the stock market to a sharply higher close on Wednesday. Traders and analysts said Tuesday's surprising rally spurred buying by institutional and foreign investors. The Dow 30 finished up 32.90 at
      Reuter  -  1,041 words
    • 1050 19 London Reuter LONDON equities held most of their early gains at the official opening yesterday following another surge in New York and Tokyo stock markets. However, continuing fears of an imminent jump in UK base rates because of the weak pound was limiting the
      Reuter  -  1,050 words
    • 1322 19 Selected indices HONGKONG Hongkong Index Thursday 1685 00 Wednesday 1.664 60 Week ago 1.666 74 Hang Seng Index Thursday 2.546 67 Wednesday 2.***** Week ago 2.***** All Industrials Thursday 2.501 0 Wednesday 2,520 5 Week ogo 2.4188 NEW YORK Dow Jones Wednesday 2.064 01 Tuesday 2.031 12 Week ogo 1.961
      1,322 words
    • 70 19 Reuter FORMER Gutnness chief executive Ernest Saunders is unable to pay for his defence against criminal charges arising from the Anglo-Irish brewing company's takeover of a Scottish whisky group, his lawyer has said. We still act for him but we don't have the money to carry
      Reuter  -  70 words
  • Page 19 Advertisements
    • 174 19 Get i i m I If you are not in the league that allows you to sponsor animals at the Zoo, perhaps it's because you are not a regular BT reader. Successful executives know the of keeping abreast of what is happening in the complex world of business. That's why
      174 words

  • LATE FILE
    • 23 20 Reuter OPEC's full ministerial conference has been postponed to June 11 from June 8. an Opec spokesman said yesterday Reuter
      Reuter  -  23 words
    • 24 20 UPI AN INTERNATIONAL agreement permitting mineral exploration and mining operations in Antarctica was signed yesterday following six years of negotiations.
      UPI  -  24 words
    • 37 20 UPI THE SOUTH KOREAN District Prosecutor s Office arrested two executives of Hyundai Construction and Engineering Co yesterday for ordering the abduction of an employee to block him from organising a labour union. UPI
      UPI  -  37 words
    • 53 20 Reuter COMEX gold futures yesterday gave back all of Wednesday's gains on scattered selling early in the absence of followthrough buying. August gold was down US$2.9O at U*****.50 an ounce. Analysts said selling came from speculators who went long on gold on Wednesday night in anticipation of the
      Reuter  -  53 words
  • 96 20 AFP, Reuter US PRESIDENT Ronald Reagan arrived in London yesterday from Moscow for a two-day visit amid tight security. His schedule includes meetings with British Prime Minister Margaret Thatcher, Queen Elizabeth II and visiting Japanese Prime Minister Noboru Takeshita. He was expected to brief the two
    AFP,; Reuter  -  96 words
  • 263 20 Bernama LORD PRESIDENT Tun Haji Mohamed Salleh of Malaysia, who has been suspended pending the setting up of a tribunal to examine his case, wants the hearing to be made public. He said the public was entitled to know why, "if I am found
    Bernama  -  263 words
  • 473 20  -  MOVE TO CUT DOWN MULTIPLE BOOKINGS. LATE CANCELLATIONS By LILIAN ANG TRAVEL AGENTS and airlines are to implement a new ticketing system aimed at discouraging passengers from making multiple bookings and cancelling them at the last minute. Eddie Ong, general manager (Singapore) of Singapore
    473 words
  • 263 20 AP THE BANGKOK POST said yesterday that Singapore had a chip on its shoulder about foreign media coverage of the Republic. "Singapore has no business seeking to influence the contents of foreign publications or making South Africa-like threats to restrict all media
    AP  -  263 words
  • 183 20 WASHINGTON yesterday gave a non-committal answer to Singapore's proposal to let an international panel resolve their current diplomatic flap, only reiterating that it wanted to settle the dispute US State Department spokeswoman Phyllis Oakley. in a statement released in Washington yesterday, had
    183 words
  • Page 20 Advertisements
    • 279 20 The silver report was not available at press-time Friends, allies, critics, Page 10 NOW SHOWING The 1988 Singapore Festival of Arts ARTS FESTIVALS. Who needs them? And why is everybody rushing to make each festival a bigger and more expensive headache than the previous one? With Singapore s tribute to
      279 words
    • 807 20 CHEERS! Variety is the spice of life and one of the wonderful things about enjoying fine wine and spirits is the fascinating choice. In today's column we have a wine company with 350 years of tradition, a father and son who started a wine dynasty, birds of a feather, something
      807 words

  • SHIPPING TIMES
    • 421 21  -  Carrier to begin weekly direct service By JUNE LIM SEA-LAND SERVICE has vacated Sembawang Wharves after having operated at the terminal since 1972. The shift, which took place in stages over two weeks, was completed at the end of last month.
      421 words
    • 161 21 AFP SOME 300,000 port and dock workers across India are to go on an indefinite strike from June 22 for better pay, said the Press Trust of India (PTI). Four trade unions grouping workers from major ports, including Bombay, Calcutta and Madras,
      AFP  -  161 words
    • PORTSIDES
      • 39 21 Reuter A MOBILE CRANE fell on the 17,250-dwt Yugoslav vessel Durmitor on May 29 while it was at city dock 25 in Houston, Lloyd's Shipping Intelligence Service said. No further details were immediately available.
        Reuter  -  39 words
      • 38 21 Reuter THE LIBERIAN chemical tanker Stolt Osprey, 36,498 dwt, was refloated with tug assistance after being grounded in the River Scheldt, off Schaar van de Oude Doel, early Wednesday, Lloyd's Shipping Intelligence Service said. Reuter
        Reuter  -  38 words
      • 236 21 International Transport Journal WHILE THE EUROPEANS are still considering the possibility of using 45-ft containers, the Americans are already introducing the 53-ft container. With a length of a little ovor 16.15 m, a width of 2.59 m and a height of almost 2.90 m, it offers
        International Transport Journal  -  236 words
      • 64 21 THE 1988 EDITION of the directory of the Multiport Ship Agencies Network has been released. It is made available free of charge to owners, operators and trading organisations. Multiport is an international association of ship agents with members operating in 73 countries, covering 806
        64 words
      • 83 21 International Transport Journal THE SHIPPING LINE Wilh Wilhelmsen is offering a new door-to-door service under the name Intertransport. which includes packaging, insurance, etc. for FCL, general cargo, project cargo and airfreight Intertransport operates weekly from Europe to Jeddah, Hodeidah. Mina Qaboos, Dubai. Bahrain, Damman and Kuwait. The
        International Transport Journal  -  83 words
    • 163 22 THE MAJOR shipping consortia operating between the Far East/European. Far East/Persian Gulf. Straits ports/Australia. Straits/Japan and the member lines ACE (FAR EAST/EUROPE): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd
      163 words
    • 89 22 LLOYD S REGISTER has streamlined its laboratory and associated technical departments They have been incorporated into the materials department which is being relocated to a new pur-pose-built location in Croydon, close to LR's new engineering services block. The main purpose of the LR laboratory, set up
      89 words
    • 899 22  -  From KINGSLEY WOOD CONSTRUCTION of the LNG plant that will serve the North-West Shelf project in Australia is on target to ship the first order of gas to Japanese customers in October 1989 The overall project, on the Burrup Peninsula. 1500 km north
      899 words
    • 1115 22 AB Shpg v 5 ABC Contomer IX 1 Accord Shpg vi 3 Iin#r xi 3 Alltrons VN 3 AC Toepler XI 5 Amencon Tpt N 4 5 A«ro Service IV 2 3 Arrow lines < IX s Awn Ocean XI 4 Auoc Camoge XI 5 Atlos line
      1,115 words
    • 363 23 Seatrade Week THE PRESIDENT of the Shanghai Corporation of Shipbuilding Industries, Mr Wang Cunlin, has lined up an ambitious plan to increase output. Having signed orders for 12 vessels in the last two weeks, Mr Wang wants to increase the output of China's
      Seatrade Week  -  363 words
    • 327 23 Lloyd s List A NEW COMPANY has been set up in Norway to operate six of the world s 15 large deck cargo heavy-lift ships. Neptun Heavy Lift of Oslo will seek work for the four semi-submersible ships recently acquired by owning interests
      Lloyd s List  -  327 words
    • 481 23 June 6-11 Posidonia. The International Shipping Exhibition to be held in Piraeus, Greece. Details: Posidonia Exhibitions Ltd. 4-6 Efplias Street GR 185 37, Piraeus. June 7-9 ROROBB. the 9th International Conference and Exhibition on Through Transport using roll-on/roll-off methods to be held in Gothenburg, Sweden. Details contact RORO
      481 words
    • 211 23 Fairplay FIVE repair yards in the northern part of France, formerly operated by Ateliers Reunis "du Nord et de I'Ouest (ARNO), are now back in business under new groupings and new shareholdings following a restructure. The five yards are in Dunkirk, Dieppe.
      Fairplay  -  211 words
    • 118 23 Opecna THE FEDERAL National Council (FNC) of the United Arab Emirates has called on the government to provide the Higher Council for Environmental Protection with the necessary facilities to combat sea pollution. At a session in Abu Dhabi on Wednesday, the FNC
      Opecna  -  118 words
    • 8893 28 3®aBQ)0llB A guide to ships loading at Singapore tor 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
      8,893 words
    • 893 28 THIS FORTNIGHTLY REPORT, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars, instead of single prices for more comprehensive description of the market Prices shown are based on average sized stem. Market movements are indicated The Cockett Bunker Price Index change and the individual
      893 words
    • 126 28 This weekly report is prsparsd by Vsritss Petroleum Services, London. The information, minimum and maximum levels, is based on limited ssmpies from motor vessels analysed in its laboratories. More comprehensivs fuel qua'ity information is posted to participants in the Veritas fuel quality testing programme. Area/Port Viscosity
      126 words
    • 1617 29 AT CONVENTIONAL WHARVES Gtvrgtu oiongs-de 03 06 0600 Vessel *0'uT'd JOyO Jl alongside 03 06 2300 Berth Arrival Departure P *oiimantOf Yu Q.ng J3 J9 10 alongside alongside 03 06 2300 0306 0600 KEPPEL WHARVES cdod J45 C3 06 0000 07 06 0900 AHMOHI AK Prosp»f.ty Apfil
      1,617 words
    • 1301 30 WEAK North American grain rates were the rule of the day on the London shipping freights market on Wednesday, while the rest of the market registered lesser declines In the US Gulf, Krohn fixed the Akron to the Netherlands with 87,000 tons of light grain in June 17-25
      1,301 words
    • 165 32 ALL SIX MAJOR Japanese shipbuilding companies posted net profits but only one showed an increase in sales in the business year which ended March 31 this year. Only Mitsubishi Heavy Industries Ltd enjoyed an increase in sales. The others Ishikawajima-Harima Heavy Industries Co,
      165 words
    • 192 32 INCREASING VISITS by Taiwanese to neighbouring countries have prompted casino tycoon Stanley Ho to launch a ferry service linking Macau and Kaohsiung. Mr Ho said approval for the proposed ferry service had been obtained from the governments of Macau and Taiwan.
      192 words
    • 100 32 Reuter CHINA SIGNED contracts in the first five months of this year to build 21 ships for foreign companies. The official New China News Agency quoted an official of the China State Shipbuilding Corp as saying the orders were mainly from the US.
      Reuter  -  100 words
    • 258 32 THE Thai Board of Investment is concerned that potential Japanese investors could be deterred by adverse reports of the country's port services. The board has asked the Port Authority of Thailand to state its capabilities after it came across damaging Japanese media
      258 words
  • Page 21 Advertisements
    • 539 21 1 aO° hi, I TIMES I STP Distributors Times Ru4*iisf*ng Croup OOCL Okient OVERSEAS Contain** LINE vur// agents JARDINE SHIPPING AGENCIES (Reg No *****4 OOK) 200 Cantonment Road #12 05 South point. Singapore 0208 Tel *****1! TELEX NO RS ***** TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA
      539 words
    • 106 21 IKMDB CONSTRUCTION of the LNG plant that will serve the North-West Shelf project in Australia is on target to ship the first order of gas to Japanese customers in October 1989. Page II THE PRESIDENT of the Shanghai Corporation of Shipbuilding Industries, Mr Wang Cunlin, has lined up an ambitious
      106 words
    • 815 21 >°\v v «*ti ft f* TIMES STP Distributors sr«^ srR& MAERSK LINE MAERSK LINE FIRST CARRIER TO RUN DOURLE-STACK TRAIN TO CANADA SIN/TORONTO: 23 DAYS!! This *ee« M Tokyo Closing Time CY 8 6 2300 MRS CFS 8« 1300 HPS This »ee» M Tokvo 8810 Cosmg T-me CY 8 6
      815 words

  • Page 22 Advertisements
    • 599 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN. COPENHAGEN, AARHUS. GOTHENBURG, MALMO, HELSINKI, OSLO. AMSTERDAM. CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT CALLING 4/7. TYO 7/7 CONV/SEMI-CONTAINER SERVICE TO MED EUROPE VOY NO S PORE 13/6 MALTA CASABLANCA LEIXOES BILBAO AMSTERDA 11/7
      599 words
    • 19 22 Lines and services represented by Members of the Registry of Accred.ted ffffoHVl Shipping Agents, Singapore National UUXJi.?/ ShiDDina Association
      19 words
    • 641 22 S7 C SAV Corrpjnia Sud American j do I'jpcrcs S A Cr- 'cjn L mf SERVICE to/from CHILE FEEDER VESSEL S PORE MOTHER VESSEL HK ARICA IQQ ANTOf VALP SAI CSAV 1 pt HELANPUS V JMEB 14* Ut Iff UJt CSAV 1 M CAR CARRIER MP Iff CSAV 3 |l7ff
      641 words

  • Page 23 Advertisements
    • 1000 23 £2 The Straits Steamship Group Mansfield Container Shipping Re Ltd P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Bcunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK SPORE B'KO* PC CASUS PROGRESS V532N 10-11 Jufl 13-14 Jun PEGASUS PROGRESS V533N U-B Jun 21 22 Jun BANGKOK BORNEO
      1,000 words
    • 550 23 NOTICE r KLINE KINKAI MV OCEAN TREASURE V 92 ARRIVED 25 5/88 Consignee of all damaged cargoes e* the captioned vessel are hereby notified that a general survey will be held on the 3rd June Friday) 1988. at Keppel Wharves K2O from 0900 hours 1200 hours. No further survey will
      550 words
    • 120 23 SALE OF TWO OIL BARGES Specifications: A. Year Built: 1978 J Flag: Malaysian Class: Germanischer Lloyd Tank Capacity: 1,200 K.litres: B. Year Built: 1984 Flag: Malaysian Class: Nippon Kaiji Kyokai Tank Capacity: 500 K.litres Interested parties, please con-" tact Miss Chuang at *****00 fo f further information/viewing EUROPE USA PANAMA
      120 words

  • Page 24 Advertisements
    • 413 24 MSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN TAKHTI IRAN VAHDAT Singapore In Pt 8/6 Loading for BANDAR ABBAS BANDAR ABBAS JAPAN/KOREA SERVICE Singapore 10/6 Loading forJAPAN KOREA KYOWA LINE PNC/S. PACIFIC SERVICE Singapore Loading for: A VESSEL 15/6 LAE, PMB. RBL. HRA MICRONESIA SERVICE
      413 words
    • 698 24 J^SLINE FULLY CONTAINERISED SERVICE TO EUR Off VIA SUEZ 1 Member of the Ace Con**trjm 4 BU LA 186 30 6 •FOR MOTHER VESSEL ACQ 14E KOREAN WONIS SEVEN SIE ACD 14E HANJIN SEOUL ME OCH WEPACIFIC PROSPERITY 19t OCH 59E HANJIN KUNSAN 32E TWB 42E HANJIN KWANGYANG 46E TWB
      698 words
    • 316 24 FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY MADRAS: ETA 10 6 AUSTRALIA/ NEW ZEALAND EURO-AFRICA SERVICES FOR: PORTO, LISBON, ORAM, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, ALGIER TUNIS, VALLETTA, IRUN, CEUTA 4 ISTANBUL FAR EAST PORT KELANG PENANG BANGKOK HONG KONG JAKARTA MANILA TOKYO/YOKOHAMA KEELUNG K AOHSIUNG
      316 words
    • 1184 24 ll M 1 I I *I 111 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GUEST EVER CROUP EVER GIVEN EVER GROWTH EVER GRAND SGP HKG KSC KLG PUS OS* TYO CHS BAL NYC LHV ANW ROM Ft* In Port 1H 8* 10 6 13* 166 19* 17 7
      1,184 words

  • Page 25 Advertisements
    • 880 25 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE SBY SMG SIN SID 4/6 7/6 9/6 13/6 16/6 18/6 21/6 23/6 25/6 28/6 VESSEL MAJAPAHIT SEA HAWK SEA DRAGOM SEA HAWK vov 21 SB 6622
      880 words
    • 390 25 BEN LINE CONTAINERS r express container service to uk/continent EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TAS MAN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA, FIJI AND NEW ZEALAND k SIN MAIN LINE HKG NOUMEA SUVA AKL NAP TIM 10* TASMAN
      390 words
    • 525 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSI/VOY S PORE BILBAO ANTWERP H BURG/ ROAM/ADAM BREMEN PALEMBANG/9WB 13-16/6 10/7 13/7 MAT A B A M '21WB 30/6-3/7 27/7 1/8 .S. PANJANG/19WB 1-10/7
      525 words
    • 394 25 BOUSTEAD SHIPPING AGENCIES MYOMA YWA VUO PAGAN ¥128 PA-AN VI2SW HTONEYWA VZ36 BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon pore P.Kelang Penang Bangkok Vr »Maya iun 6 Jun 5 Jon 1/3 iun Ss* BANK LINE SEMI-CONTAINER SERVICF NORTHBOUND TO UKC MORAYBANK VSN CLYDEBANK V23N TAMAITAI SAMOA
      394 words

  • Page 26 Advertisements
    • 710 26 'Kline KAWASAKI KISEN KAISHA, LTD. N. AMERICA-ATLANTIC COAST NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET VOY *INDO VOY LB 12 30/4 •PK/PNG SGP CHLS NFK 10/5 12/5 17/5 19/5 24/5 26/5 31/5 2/6 N. AMERICA PACIFIC SOUTH-WEST KOREAN JACEJIN QUEENSWAY BRIDGE
      710 words
    • 371 26 Accepting LCL and containerised cargoes Direct to South Africa I S pore I Durban P.Elii VAAL 5536F NEDILOYD BANGKOK VENTO 0402F* NEDILOYD COLOMBO S63SF CANOPUS 0201G OSAKA MARU 5339 C HAYAKAWA MARU S43BG 10/6 23/6 25/6 17/6 30/6 *2/7 *20/6 4/7 10/7 •Subject to inducement C Town Durban Sid 26
      371 words
    • 619 26 Sj li 'x/s/u INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* INDIA/JAPAN/INDIA SERVICE Accepting FCL Containers and Conventional Cargo Also accept* Metal* A Steel Products Si 1(1 pore P Kelang Penang Loading for 0 MANIPUR V» 15 June Kate Tokofcama ITALY/MEDITERRANEAN SERVICE Accepting Timber/Breakbuik also FCL Containers I Of Monlalcone Ravenna
      619 words
    • 679 26 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23 Telo* A r r Straat SINGAPORE 0104 TIL SJ4JM (10 LINES) Fai U4JSO4 STRAITS/PERSIAN GULF SERVICE: Spore P Keia-* Pwang GOLDEN HARVEST Colombo Ka'achi DiDai B'9 June GOLDEN WONDER Colombo Karachi CHINA SERVICE Dubai Bahrain 8/9 Jul BAI rUN SHAN Xiamen Shanghai
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    • 509 26 I® PHIU Oni€NT LINCS PTC LTD HEAD OFFICE 63 ROHNSON ROAD -07-1? AFRO-ASIA BU LDING SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 EAST/FAR EAST FCL ft LCL SfItVICE ETA SINGAPORE DESTINATION W JEDDAH (ICL) H KONG KOBE. TOKYO. KEELUNG KAOHSIUNG. MANILA. BANGKOK. BUSAN JAKARTA NEW GENLORD laniis.i.T.v JTT?? UL
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  • Page 27 Advertisements
    • 1122 27 NEPTUNE AGENCIES PTE. LTD FE EU/AUST TP A/St A QarMral Enquiries: T«l: *****77 Terminal CFS BOOKINGS 27*5753 *****47 *****22 *****53 279D119 *****16 NEPTUNE ORIENT LINES LTD P Mb* NEPLINE SON BHD 3689M7 K Lumpur NEPLINE SON BHD 2U«33 Ptmnj NEPLINE SDN BHD. *****5/*****0/*****1/627(42 J Bjhru NEPLINE SDN BHD *****0/*****1 27*5753
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    • 483 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, BUSAN. INCHON STRAITS/KOREA SERVICE WEF JUNE 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE SERVICE'! Vessel s Name ETD BS S PORE PKELANG KEE BUSAN No 8 Donam 804N 11/05 In Port 02 03/06 13/06 No 6
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    • 694 27 *9* OIINDv^V 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 KELANG MESSRS HAI THONG SHIPPING 127 Penang Street. Pewg. Malaysia M S HANDLING SYSTEM
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  • Page 28 Advertisements
    • 325 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 i3O Lines' fAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE TO EUROPE Is PORE 'CBO "L NACA A WERP WILHELM PIECK 4 88j!8t> RUEBELANO 5/88 ARKONA 5,88 •VIA COLOMBO
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  • Page 28 Miscellaneous
    • 152 28 Regional Weather 21 1 r> ss s« 1 Wind direction with speed in knots Wsve height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. June 3, 1988 LEGEND: R Thunderstorm Temperature *C y Shower Weather y—/ Wind direction with (peed in knots Rain V_^) Cloudy Sky W,v hrt hl Sarfaee
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  • Page 29 Advertisements
    • 806 29 CSCSPV CSP SHIPPING AGENCIES PTE. LTJ). Tel: *****66 (16 Llnet) Fai: *****15 LCL FIXED TWICE WEEKLY CONSOL una KELANG LCL FIXED CONSOLIDATION TO:CHINA, HONG KONG. BANGKOK, KEELUNG, KAOSHIUNG, KOBE, MANILA, BUSAN, INCHON, TOKYO, YOKOHAMA, OSAKA, COLOMBO, CALCUTTA, FELIXSTOWE, HAMBURG, BOMBAY, SYBNEY, MELB, KABACHI, CHITTAGONG, LEGHOBN, JAKARTA, NAGOYA, GOTHERBURG. ALL EUROPE
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    • 572 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. r? IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT MV BABYLON WEST BOUND SERVICE ETA S PORE LOADING FOR Hodeklah. Jeddah, Aqaba THROUGH B/Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA I BAGHDAD REEFER ***£1 AVAILABLE UPTO AQABA LOADING CONTAINERS'CONVENTIONAL CGO FOR
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  • Page 30 Advertisements
    • 644 30 \M FINE-LINER SHIPPING PTE LTD 70 SHenton Wiy. 04 02C Mirinj House S pore 0707 TEL *****77 (8 lines) TLX RS 22W1 FLINER FAX *****56 H 12* 1M 2M M* M U* 1M m M 1/7 1/7 DOB SMJ AM Hamburg West Germany Tiger Line Kobe P5 4/6 Y. Once
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    • 504 30 ZIM FULL CONTAINER SERVICE accept.ng 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 AUSTRALIA CONTAINER SERVICE ACCEPTING CARGO TO ADELAIDE VIA MELBOURNE AND ALSO FCL
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    • 581 30 I Everett Lines COMPANIA PERUANA OE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P. Kelang* Singapore HUGHEVERETT 8/9 jun MANOLOEVERETT 22/23 Jun JOHNEVERETT 6/7 Jul EVERETT ORIENT LINE* JAPAN/BAY
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  • Page 31 Advertisements
    • 389 31 Seabrfqgfe SEABRIDGE TRANSPORT SINGAPORE MALAYSIA (A member of the JEURO GROUP of COMPANIES, Japan) Singapore: *****11 Tlx: R*****1 SEAAIR Fax: *****50 Warehouae at PSA Muttlatorey Complex *****06 Malaysia *****33 Tlx: MA***** Fax *****68 SfcflllliPA WEEKLY FROM Singapore Port Kelang Penang UK/EUROPE: FAR EAST United Kingdom Bangkok, Hong Kong, Keelung, Kaoshiung
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    • 248 31 Consolidation Service NEW CALEDONIA TAHITI SIN 11/6, 7/6 NOUMEA 3/7 PAPEETE 21/7 MAURITIUS REUNION ISLAND SIN 9/6, 21/6 PORT LOUIS 19/6 REUNION 1/7 FRANCE SIN 19/6 MARSEILLE 5/7 LE HAVRE 19/7 TRANSTAINERS DELMAS-VIEUEUX WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TTA Freight Pte Ltd
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    • 374 31 LCL/FCL SERVICE VESSEL S PORE I BANGKOK TBN I 6/6 I 19/6 Also acreptng cargo lo KfFLUNG h AOMS'UNG CHINA (via HONG KONG 1 P KEIANG BUSAN JAPAN E MALAYSIA S BRUNEI PORTS EUROPE USA CANADA 4 AUSTRALIA MERCANTILE CONSOUDATORS MERCANTILE CONSOUDATORS (SINGAPORE) PTE LTD Weekly consolidation at our CFS
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    • 562 31 GLORY NAVIGATION GROUP BE6ULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' SP PKL PN BIN KAOH GLORY SELATAN VIII V7l SID 30'S GLORY SELATAN VII VII SLD 30/5 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER
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    • 361 31 PTC CONTAINER LINES FCL/ICI SERVICE PIC GftQjP S C/CJ CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL. I!M AFGHANISTAN 6/6 HAIRATAN/KABUL/TOURGHUNDI WORLD FREIGHT SERVICES LTD International NVOCC Container Liner Weekly Service To and From U.K. (Accepting cargoes for all inland destinations in U.K. General Agents: POH TIONG CHOON SHIPPING (PTE)
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  • Page 32 Advertisements
    • 321 32 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** ft. I \s I I l<\ < \l< I l\l K III) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! Moji 'Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE
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    • 411 32 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USAAND <■- si*' VS4. B SURIA V 172 U/t SEIANDIA VII 2 11* TOY AHA VIS m Connecting VSI stuttgart exp DUSSELDORF EXP. NUERNBERG EXP NavOrtaam Vera Cna ■uks City Alto serving Halifai. Montreal, Toronto. New Yor*. Baltimore. Norfolk. Savannah/FRENCH W
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    • 61 32 I WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK LONDON, MARSEILLES A».n, NINON-ASIA SHIPPING (S) PTE LTD Tel: *****88 (8 Lines) Tlx: RS ***** IN CHIAO SHIPPING AGENCY PTE LTD FOR BOOKINGS TEL *****81 TLX ***** NEWSHIP BALTIC ORIENT SHIPPING PTE LTD. FULL CONTAINER SERVICE TO CALCUTTA CONTACT TEL: *****71.
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    • 822 32 SSKh CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 '04-*****2/4, *****3 107-*****8 •07-*****3, *****5, *****0, *****1 <02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B BUTANC 447 SINGAPORE I lEHARVE him B BUTANC 4SI l' j l.'y-WniJ'.'VTl BREMERHAVEN, COPENHAGEN. HELSINKI. MALMO, OSLO.
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