The Business Times, 17 June 1988

Microfilm: NL16204
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, JUNE 17, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    261 1 AFP Dow Jones down NEW YORK stocks fell sharply early yesterday, erasing much of the gains posted in the previous two, record-set-ting sessions. The Dow Jones Industrial Average, which struggled to reach its second consecutive post-crash high on Wednesday, was off 24.36 points at 2,107.04 in the
    AFP  -  261 words
  • Article, Illustration
    Luxuriating in luxury goods
    682 1  -  RETAILERS CASHING IN ON JAPANESE TOURIST SPENDING By CATHARINE FERNANDO,GENEVIEVE CUA MORE AND MORE retailers are cashing in on the Japanese yen for branded luxury goods. Retailers contacted by BT are optimistic that the trend will continue as the influx of Japanese visitors shows no sign
    682 words
  • Article, Illustration
    Record number of S'poreans bitten by travel bug, trend expected to continue
    569 1  -  By TONG SUIT CHEE SINGAPOREANS have been travelling abroad like never before. Last year, they made nearly three-quarters of a million trips overseas. Travel agents believe the trend will continue this year, given the booming economy. Government statisticians
    569 words
  • Article
    Lock icon Tun Salleh seeking QC as counsel
    142 1 Bernama MALAYSIA'S suspended Lord President Tun Salleh Abas is seeking to have a Queen's Counsel to act as his leading counsel at the tribunal hearing to decide on his position. His solicitors filed an application in Kuala Lumpur on Wednesday to admit QC Anthony
    Bernama  -  142 words
  • Article
    Lock icon M'sian banks cutting base lending rates to lowest in 20 years
    236 1 AFP Bernama MALAYSIAN banks said yesterday they will cut base lending rates to their lowest in 20 years from July 1. Basir Ismail, chairman of the Association of Banks, said Malaysia's two largest banks Malayan Banking Bhd and Bank
    AFP; Bernama  -  236 words
  • Article
    Dollar gives up gains on Asian markets
    220 1 THE US DOLLAR lost ground against the major currencies in Asia's foreign exchanges yesterday despite the continuing bullish sentiment for the currency. In Tokyo, the greenback's fall against the Japanese yen was due to heavy selling by Japanese exporters. The West German mark's
    220 words
  • Article
    Lock icon Malaysian unionist admits calling for GSP withdrawal
    131 1 Bernama MALAYSIAN trade union leader V David has admitted calling on the American Federation of La-bour-Congress of Industrial Organisations (AFL-CIO) to pressure Washington to withdraw Generalised System of Preferences (GSP) privileges for Malaysia. Mr David, secretary general of the Malaysian Trade Unions Congress,
    Bernama  -  131 words
  • Article, Illustration
    Stock prices edge higher
    193 1 SHARE PRICES on the Singapore stock market finished marginally higher yesterday on selective buying and speculative interest with profit-taking well absorbed. The Straits Times Industrial Index, which surged 21.15 points on Wednesday, moved up another 2.94 points to close at 1069.39.This is a new high for
    193 words
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      189 1 BUCHERER Swiss Made I VliV l UMkftf afiS»itZ(rftnL 6 Scons Road *01-16 Scons Shopping Centre Singapore 0922 fe< ***** W. *****43 Pork Rib SpeciallSH-?ft 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
      189 words
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      Page 1 Advertisements Column 2
      364 1 Undertaking a new style THE TRADITIONAL image of the undertaker as an illiterate fellow, shabbily attired and operating from a dingy shop piled high with coffins, is changing. Today, the modern undertaker is to be found working in an air-conditioned office. He is smartly dressed, speaks English and knows some
      364 words
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      Page 1 Advertisements Column 3
      75 1 TT"! Minolta EP49OZ l l F* Report, PAGE 19 W«glon1 Mkh, PAGE 17 World Mkta, PAGE 19 reports, PAGE < Shipping Tlmaa comas at a aaparala taction today. Maka tura you gat your copy. Melwani, exclusively male. No, O pen at I B nternational uilding (Next to Lido Theatre) 360
      75 words
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  • HOME NEWS
    • Article
      STPB plans new sales pitch
      496 2  -  Tourist board to promote Singapore's 'taste, smell and flavour' abroad By CATHARINE FERNANDO THIS YEAR, the Singapore Tourist Promotion Board aims to sell the republic abroad with consumer promotions focussing on specialised areas to show the different faces of Singapore, a senior executive of the
      496 words
    • Article
      Take advantage of interest in S'pore food, exporters told
      302 2 FOOO EXPORTERS should take advantage of the interest generated by the Singapore Tourist Promotion Board's media promotion of local food in North America, a senior executive of the board said. "In the wake of this media trip it would be an
      302 words
    • Article
      Food companies plan US drive
      431 2  -  By WILLIAM CHIA TO CARVE bigger slice of the US market, Singapore food and beverage exporter* plan to carry out sustained promotion* of their products in major US supermarket chains from October or November. The Singapore Manufacturers Association's food group chairman. Tan Jin Soon, said
      431 words
    • Article
      How SMEs can keep out of tight financial spots
      375 2 THE NEED to pay special attention to caahflow and financial management was driven home to small and medium enterpriaea at a one-day seminar yeeterday. The generally unfavourable image of SMEs as leas professionally managed and lacking adequate control and accountability puts
      375 words
    • Article
      Jeyaretnam and Wong fined
      124 2 WORKERS PARTY secre-tary-ganaral J B Jeyaretnam and hia former chairman Wong Hong Toy were each fined $3,500 yesterday for providing public entertainment without a licence by addressing a public gathering last year. The offence was committed at Boat Quay on Jan 10 laat year at the
      124 words
    • Article
      Credentials presented by two diplomats
      149 2 TWO non-reaident diplo* mats presented their credentials to President Wee Kim Wee at the Istana yes? terday. They were Mr Salim Mohammed Sallm Al-Wa-haibi, the Omani non-resi-dent ambassador, and Ml Azouz Ennifar, the ambassador. Mr Salim, 34, is currently Oman's reeident ambassador to India. I
      149 words
    • Article
      PNG-based company moving assets here
      532 3  -  By GENEVIEVE CUA BOLLING BROTHERS Pacific Trading, established in Singapore as the base of one of Papua New Guinea's biggest grocery wholesalers, has begun a drive to increase its asset base. It is in the process of transferring $35 million worth of assets from the
      532 words
    • Article
      NSP announces general election plans
      284 3 THE NATIONAL Solidarity Party (NSP) yesterday announced that it was Keen on contesting three Group Representative Constituencies (GRCs), and between five and eight single-member constituencies in the next general election. "The NSP is prepared to work within any new rules and regulations that the PAP
      284 words
    • Article
      PWD senior engineer appointed GM of Sisir
      322 3 LIEW MUN LEONG, a senior engineer of the Public Works Department (PWD), haa been appointed general manager of the Singapore Inatitute of Standards and Induatrial Reaearch (Siair) following the return of Associate Professor Peter Ong Phee Poh to the National University of Singapore.
      322 words
    • Article
      New boundaries accepted
      117 3 CHANGES to Singapors's electoral boundaries proposed in a White Paper, and gazetted on Wednesday, have been accepted by the government. The Electoral Boundaries Review Committee's proposals, which the government will implement st' the next genersl election widely expected by the end of this yesr, include the creation
      117 words
    • Article
      Electoral registers open for inspection
      246 3 THE 1.7 million Singaporeans aged 21 and older who are eligible to vote in the next general election will be able to check government electoral registers at 81 inspection centres from today. According to a statement from the Elections Department yesterday, the electorate will have
      246 words
    • Article
      Wage negotiations look promising
      425 3  -  Reformist trend evident By MARTIN SOONG THE WAGE FRONT is looking greener for employees. Recent pay pacts show that some private sector employers are agreeable to salary rises without offsetting the higher Central Provident Fund rates they have to pay from next month. Aa unions and
      425 words
    • Article
      Trade board mission to Taiwan returns with good results
      392 3 A 51-MEMBER trade minion to Taiwan has returned with good reautts and potential business in the construction and computerindustries In the construction industry, Lightweight Concrete secured a $6 million contract to supply specialised concrete products to one of two stations of
      392 words
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      Page 2 Advertisements Column 1
      86 2 ANNUAL SALE From June 13 to 28 we're holding our Annual Sale. Where you'll find discounts of up to 50% cyi exquisite leather accessories. Like stylish briefcases, smart Boston bags, fashionable ladies' handbags VI 'i and elegantcrocodile skin handbags. But they're only available in limited quantities. So you'll have ii
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      Page 2 Advertisements Column 2
      16 2 A i s i n <! a P u u T: i is i i vS5 j'
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  • Page 3 Advertisements
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      297 3 t OKLAHOMA CITY UNIVERSITY Oklahoma City University received its charter in 1904 and is internationally recognised and respected for its excellent educational programmes which combine a unique blend of tradition, quality and innovation. The University is accredited by the North Central Association of Colleges and it is located in the
      297 words
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      215 3 MEET WITH SUCCESS AT THE MARINA MANDARIN ...Just a note to thank you and all the staff at the Manna Mandarin for your assistance during the Stanford/NUS Executive Programme. The programme was a successful one, thanks in part to the smooth functioning at the hotel in setting up meals, group
      215 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      60 3 1 '""m jj"'// 27/23 Cloudy 31/18 Cloudy Now MM Now York Nicosia Oilo Porta Porlh Rio 'Janolro Romo San Frta'oo San Juan XJrmoyo Soo Paulo Sooul Stockholm Sydnoy Talpol Tol Aviv Tokyo Toronto Vancouvor Vlonna Warsaw W/rkLuil TTOwWiyrori 29/1 e Cloudy 20/15 Cloar 17/11 Showors 35/27 Sunny uno* 27/19 Cloudy
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  • ASIA-PACIFIC
    • Article
      Lock icon Relief and anxiety over US trade figures
      526 4 Gap widens for newly industrialising countries Reuter ASIA'S economically robust nations welcomed the drop in the US trade deficit on Wednesday but were redfaced because the data showed a widening in their overall surplus with America. Stock markets throughout the region boomed ahead
      Reuter  -  526 words
    • Article
      Lock icon Donor countries to arrange aid package for India
      275 4 Reuter INDIA'S donor countries are meeting in Paris next week to put together their annual aid package but economists said the unpredictable monsoon and higher exports were more important to the country's growth. The World Bank has urged donor countries in the
      Reuter  -  275 words
    • Article
      Lock icon Pakistan enforcing Islamic legal code
      288 4 Reuter PAKISTANI President Mohammad Zia-ul-Haq has decreed that Sharia, the Islamic legal code, would be the supreme law in Pakistan. "All future law-making at the federal and provincial levels must conform to Sharia," he said in a televised address on Wednesday. "Sharia will also guide
      Reuter  -  288 words
    • Article
      Lock icon China's trade deficit at US$1.94 billion
      183 4 AFP CHINA'S trade deficit was US$l.94 billion in the five months to May. compared with US$3 7 billion for the whole of last year, the New China News Agency reported on Wednesday. Exports grew 31 per cent from a year earlier to U5513.23 billion,
      AFP  -  183 words
    • Article
      Lock icon Taiwan reviews policies on China
      134 4 AFP TAIWAN may soon change some of its policies towards mainland China, including allowing mainlanders to visit the island, according to the widely-circulated United Evening News. But, according to the newspaper on Wednesday, the government would only grant entry permits on a case-by-case basis to
      AFP  -  134 words
    • Article, Illustration
      Lock icon Indonesia to receive US$4b aid package
      328 4 AFP THE INTER-GOVERNMENTAL Group on Indonesia (IGGI) is to grant Indonesia a US$4 billion aid package spread over this year and next year, Dutch Development Cooperation Minister Piet Bukman said in the Hague, the Netherlands, on Wednesday. Mr Bukman. who was chairing the 31st
      AFP  -  328 words
    • Article
      Lock icon Small industries to be developed
      126 4 Bernama-Antara INDONESIA is to concentrate on developing its small-scale industries through cooperatives, Minister of Industry Hartarto said in Jakarta. In a lecture to students of a commercial academy on Wednesday, he said that small-scale industries showed promise in strengthening Indonesia's non-oil exports. Exports by the
      Bernama-Antara  -  126 words
    • Article
      Lock icon Jakarta team to work on trade relations with Beijing
      256 4 Bernama AFP INDONESIA'S Chamber of Commerce and Industry (Kadin) will send an 18-member trade mission to China later this month to discuss bilateral trade relations. Chairman Sukamdani Gitosardjono said yesterday the mission would further promote trade deals and discuss any existing
      Bernama; AFP  -  256 words
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      181 4 ,5 tWf T ■w 4 tl i\^ > 1 -.4 V A V *Y V YY W,v \v& < fes' 's' ffigj r nH J V wJISwXa^cjAC,!.^ frbeifo osl v r ■X K v 'vr. r?v **»s*, m tjl 4# 9s* U V 1 N IST E 0 O P
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  • REST OF THE WORLD
    • Article
      Lock icon Senate passes legislation on fair trade in construction
      245 5 Reuter THE US Senate on Wednesday approved legislation that would deny foreign companies the right to work on US federal construction projects if their home countries barred US building and architectural firms. Current legislation aimed at Japan's closed markets was credited with
      Reuter  -  245 words
    • Article
      Lock icon US farm officials under fire for lax financial controls
      157 5 Reuter THE US Agriculture Department may be subsidising exports of foreign agricultural products and losing money to bad debtors due to inadequate controls on its export credit programmes, according to a draft US General Accounting Office report. "This administration has apparently
      Reuter  -  157 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      994 5 ARRIVALS Operator Service Local From number time S1A son 0040 LAX/NRT UA UA805 0045 SFO/HKG JAi JL615 0240 TYO THAI TG8010 0300 BKK/KPS MAS MH640 0820 KUL su SQ43 0835 DHA MAS MH651 0910 PEN KAL KE697 0910 SEL/MNL MAS MH630 0920 KUL SU SQ103 0950 KUL
      994 words
    • Article
      Lock icon Economist warns of complacency
      177 5 Reuter A CONTROVERSIAL US economist who has predicted a world depression in the 1990s said on Wednesday that governments and business leaders were being complacent. They were not reading the warning signs sent out by the crash on Black Monday Oct 19, said Ravi Batra, author
      Reuter  -  177 words
    • Article
      Lock icon Foreign Debt pays off
      89 5 Reuter BRAZIL'S Foreign Debt is turning a profit. Maria Sposito saio her nation's economic cisis ruined business for the toy store she used to run so she opened a bar and restaurant named after Brazil's most publicised problem. "I turned on the televi- sion and only
      Reuter  -  89 words
    • Article
      Lock icon EC urged to remove protection for steel industry
      231 5 Reuter THE EUROPEAN Community should drop all measures shielding its steel industry from the free market by July. EC Commissioner Karl-Heinz Narjes said on Wednesday. "The firms should now stand on their own two feet. They should enjoy full autonomy from now
      Reuter  -  231 words
    • Article
      Lock icon Argentina may be forced to suspend debt payments
      160 5 Reuter ARGENTINA could be forced to suspend payments on its US$56 billion foreign debt if creditors do not agree to provide fresh funds. Economy Ministry sources said in Buenos Aires on Wednesday. Argentina wants US$l.5 billion in new loans from foreign commercial
      Reuter  -  160 words
    • Article
      Lock icon US blamed for UN's impending bankruptcy
      391 5 AFP UN SECRETARY GENERAL Javier Perez de Cuellar blamed the US in no uncertain terms for the United Nations's impending bankruptcy, which he predicted for next November. The United Nations now has a deficit of US$69l million, three-quarters of its annual budget. But Washington
      AFP  -  391 words
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      Page 5 Advertisements Column 1
      64 5 I I II \I I If II I The business person's choice every I I I \l I II l| \l Tuesday, Thursday, Saturday and Sunday. I Jft WI \J I #1 WI \i Leaving Changi Airport at 22:05 1 IV yj- 1 J S hours end arriving Heathrow early
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      165 5 MONT BLANC V HE ART Of WRIT i N m. z 0 HI N A 9 ,v wy ui H Ya A 4 Wa A /y .jtf&l MONTBLANC THE ART OF WRITING ..MEISTERSTOCK" the pride of the MONTBLANC Collection is probably the most famous writing instrument of our times. Representing
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      55 5 the news m&> STAG6ERJNG... HELLO. EVERYBODY! I'M POLAND HBK&, ALONG WITH PERSONALITY BARBARA ANN BOOPSTEtN, COMING TOW UVE FROM NEW WRKCnV, WHERE A TUMULTUOUS OOLD WAR VICTOR* PARAPEtS STILL IN PROGRESS!, c r 7 TJto BY GARRY TRUDEAU AND HEPS COMBS "THE WALL STREST S&f 7 JOURNAL" FLOAT, ***X? BOOPStBi
      55 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon 'Easing of US inflation fears firming markets'
      321 6 AFP BANK OF JAPAN governor Satoshi Sumita has said that easing fears of inflation in the US have contributed to the stabilisation of equity and financial markets The central bank governor told a press conference in Tokyo on Wednesday that the American dollar
      AFP  -  321 words
    • Article
      Lock icon Chinese bank defends money policy
      124 6 Reuter A TOP OFFICIAL of China s central bank has defended the rapid growth of the nation's money supply, saying it was needed to fuel economic growth. Qiu Qing, deputy governor of the People's Bank of China, also said in Beijing on Wednesday that such
      Reuter  -  124 words
    • Article
      Asian dollar market
      352 6 ASIAN DOLLAR deposit rates closed unchanged in quiet trading yesterday, dealers said. "The market already reacted yesterday (Wednesday) when rates eased on a much smaller-than-expected US trade deficit for April," one banker said, adding trading was unlikely to turn active in the absence of any new factor.
      352 words
    • Article, Illustration
      World interest rates
      186 6 Indicates the average of the prime lending rates of 12 major banks in S'pore Interbank market rates (offer/bid) on June 16 us$ DM SWFC Yen 7 da; ft 7 9/16 7/16 7 6 7/8 3 13/16 11/16 3 1/4 3 4 3/16 1/16 1 iMtl 7 5/8
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    • Article
      Government securities market
      85 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity HD OfFER H»GH IOW 3 months BQ*****S 15.09.88 3.84 3.79 3.80 3.77 6 months BY*****T 24.11.88 3.81 3.76 3.80 3.80 1 year BY*****Z 23.3.89 3.80 3.75 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      85 words
    • Article
      Moneys markets
      62 6 THE OVERNIGHT rate on the Singapore money market rose by 1/4 point to close at 3-1/4 per cent yesterday. The term rates remained unchanged across the board. S$ Interbank rates at the close yesterday: OFffB BID Ov»f 3 1 /4 3 1 -month 3 7/8 3 3/4 2-monft)
      62 words
    • Article
      Comex gold/silver futures
      165 6 Gold futures on June 15 100 troy ounces US5 pet troy ounce Op«fl High Lew Jun 431.00 454.30 431.00 ***** 1.30 M 452.80 1.20 Aug Oct 455 20 457.80 454.70 455.80 1.20 459.80 463.00 459.80 460 90 1.40 OK 464.80 468 00 464.50 466.10 1-50 Fab 89
      165 words
    • Article
      Simex
      471 6 EURODOLLAR futures on the Simex opened little changed yesterday from the previous closing level as the release of US retail sales and industrial production had little impact on prices in overnight trading. The September contract opened unchanged at 92.21 and ranged between 92.22 and 92.20 initially. News report that
      471 words
    • Article
      Lock icon IMM
      255 6 Reuter CURRENCY FUTURES on the IMM finished a session of listless trading mixed on Wednesday. Weak technical considerations weighed on some contracts following Tuesday's large losses pinned to the unexpected narrowing in the April US trade deficit. But interest had waned and market conditions turned thin since Tuesday, blunting
      Reuter  -  255 words
    • Article
      Options
      1433 6 CURRENCY FUTURES OPTIONS Thur»day, Junt 16, 1988 DEUTSCHE MARK (MMEX) Jul 44 cam Jul 44 pun Htflh Lm Soa k L«u Saa M 176 176 176 54 23 23 23 63 63 63 59 7 7 7 1374 134 60 2 2254 230 AagSSoote *•#> Law Ml MM Aa§
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      129 6 fit m Seafresh Bounty Ahoy! 1 !!l **0 *yj June 17 —25 It's seafood celebration at the Cafe-in-the-Park with our Seafood Buffet Dinner as the 'prized catch.' The treasured bounty from the seven seas includes delicate morsels of sushi to hearty portions of New England Clam Chowder Savour these tasty,
      129 words
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      Page 6 Advertisements Column 2
      9 6 11l BANQUEINDOSUEZ 3 Shenton Way, Shenton House, Singapore 0106
      9 words
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  • BANKING AND FINANCE
    • Article
      Forex markets
      1637 7 SINGAPORE: The American currency closed easier yesterday on overseas selling interest and profit-taking, dealers said. The greenback was down to 126.80/85 yen from New York's 126 30/35 and to 1.7495/7505 marks from 1.7540/45. "Strong buying interest at 125.80 yen would limit the dollar's downside potential, but widespread fears
      1,637 words
    • Article
      DBS Finance, Great Pacific raise rates
      155 7 DBS FINANCE and its subsidiary Great Pacific Finance have followed in the footsteps of their parent bank, DBS Bank, by raising their fixed deposit rates. Effective today, the new rates for deposits up to $100,000 are 2-7/8 per cent for one to three-month money,
      155 words
    • Article
      Lock icon Illegal yuan deals on the rise
      451 7 AFP HONGKONG RESIDENTS are increasingly bypassing official Chinese banking channels to buy Chinese currency at more lucrative rates in the colony and in China, business and banking sources say. Black-market rates in China for the non-convertible Chinese yuan are as much as 70 per
      AFP  -  451 words
    • Article
      Lock icon 'US risks losing World Bank veto vote'
      223 7 AFP AMERICAN TREASURY Secretary James Baker warned on Wednesday that the US would lose its veto over key decisions of the World Bank unless it contributes US$7O million to help raise the bank's capital. He told Congress that the longer it waited, "the
      AFP  -  223 words
    • Article
      Lock icon Malaysia prepays foreign loans
      130 7 Reuter MALAYSIA'S central bank prepaid foreign principal and interest on external loans in the second half of April. A central bank official said on Wednesday Malaysia began the practice last year. A Bank Negara statement said the prepayments were reflected in a fall of MSB6I million
      Reuter  -  130 words
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      380 7 iViAYI AIKSbIi£i SCO Pl 5 HALL, CANN'iHo HAM SOVr-PSETCO'jR Tf>T*l ARt A I*! W (TYPICAL UNIT) 20V. *q h All im« *rr *ppn>ximjtc and vub Bim:h isl 1 !>•■ II BtDROOMJ la m l ih tn fsmni'iii i oAo M DINING ROOM Mllflll I MASTER BFDR( K.)M ■I I 2K
      380 words
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  • COMMODITIES
    • Article
      Lock icon Opec consensus masks strain over Gulf War
      606 8 AFP OIL MARKETS face an uncertain short-term future following Opec's compromise accord to keep official crude oil production limits unchanged for the remainder of the year, industry analysts and traders said late Wednesday. Ministers of the 13-nation Organization of Petroleum Exporting Countries said
      AFP  -  606 words
    • Article, Illustration
      Lock icon Kuwait's oil minister expects prices to firm by year-end
      314 8 AFP KUWAIT'S oil minister Sheikh Ali Khalifa al-Sabah has predicted that crude oil prices would firm by the end of the year, "perhaps by one dollar", due to Opec's decision to keep its production ceiling unchanged for another six months. He
      AFP  -  314 words
    • Article
      Palm Oil
      432 8 MALAYSIAN CRUDE PALM OIL FUTURES closed on a limit-up of Msso a tonne yesterday for all months traded on the KLCE following the 100-point rise on the soybean futures complex of the Chicago Board of Trade. Nearby months August, September and October each closed Msso higher to M
      432 words
    • Article
      Precious Metals
      378 8 HONGKONG: The metal closed firmer yesterday in active trading, mainly on local and Japanese demand, dealers said. They also said there was overseas buying interest in platinum and silver, which further supported bullish sentiment toward precious metals. Bullion ended at U*****.00/40 an ounce, against an initial U*****.40/80 and
      378 words
    • Article
      Oil and Products
      106 8 THE MARKET was still searching for the bottom yesterday with no end to oversupply and little demand in sight. The Organisation of Petroleum Exporting Countries' lack of production discipline further depressed prices. Closing prices for crude (FOB origin) USJ/borrol Otango Top* (My) 1*40 +aio Mincn (Joly) 1*^3
      106 words
    • Article
      Rubber
      286 8 SINGAPORE Prices closed sharply higher yesterday with July One RSS buyers price quoted at 284.00 cents a kg, up 13 cents from Wednesday's close. Prices were marked higher at the outset. Thereafter. prices slightly eased on some selling but rebounded towards the morning's close on renewed buying interact. Prices
      286 words
    • Article
      KL Tin
      169 8 THE PRICE of Hn on the KLTM ended one cent higher al MSIB.IO a kg yesterday after a brief >■ m Jla s tractng Niiion. Wednesday's lower level attracted continued short-covering from European, local and Japanoae interesta deaplte sterling's alaadlnese ogalnet the ringgft. Turnover roee to 121 Wsrtnaaday'a
      169 words
    • Article
      SSR and SMR
      74 8 (cant»/k«) JULY 1988 AUGUST 1988 RAS \OmTVW fnOrifl/ NOON (ferword month) NOON SSI 30 247.00 *****N ***** *****N SB 50 245.00 250.00N 245.00 *****N MRELB luyEfl 5il>n bym Silin SMI cv 59X00 594.00N 594-00 59iOON *****N SMI I 396.00 59C00N 59S.00 SMI S 345.00 347.00N 347J00 *****N
      74 words
    • Article
      Produce Prices
      239 8 Chines* Produce Exchange Sellers' noon dosing prices on Juno 16 (S$/100 kg) Coconut oil Bu* FOB 115.00 CM drum FOB 125.00 Ntw drum FOB 129.00 Copra Mixed (loot*) 66 Pepper Muntok white FOB NtW 1100.00 Sarawak whit* FOB faq NIW 1065.00 Sarawak spedal black FOB NLW 645.00 Sarawak
      239 words
    • Article
      RAS and MRELB
      255 8 RAS prices MkiM M NOON CLOSE to 1 tSS Prompt Ml ISSMrU to 1 tSS A*** KJBJOf to 3 tSS Of to 4 RSS Of to 5 RSS Of •»F"» 276.00 27*40 277JO 274J0 ***** 268.00 264.00 27S40N 27S.00N 27? JO 276JON 274.00N *****N 266.00N —yi» 2*4.00
      255 words
    • Article
      London markets
      298 8 London M'sJan/Sumatran e rudo Copper 81 anderd Commodity OF UK/Rottordam Ctth 1275/1285 Exchange Aug/Sop Jyn 467Jpd 465sk 3-morHhs (1265/1275) 1235/1245 Bwyor/Sollor dosing pricos on June 15 (£/tonn« union Jul/Sop Oct/Doc 460sir 465sk Setnomom Tonei (1220/1230) 1270 (1290) Sates: (N» spodflod). M'sian RID F08 Provlows doting prices in Jul
      298 words
    • Article
      Soybean
      260 8 SOYBEAN FUTURES on the Chicago Board of Trade closed on Wednesday bid up the 30 US cent a bushel limit in all months except distant November with 414year and new life of contract highs. New crop November was up 30 cents at U559.25%. Traders said prices advanced to the
      260 words
    • Article
      Wheat
      243 8 SOFT RED WINTER wheat on the Chicago Board of Trade closed up the 20 US cent a bushel trading limit in the key spot July and new crop September and December contracts on Wednesday. Prices settled up 20 to 12 cents a bushel with spot July 20 cents higher
      243 words
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      111 8 Ait?:*** "If they all walked in and out here for many years, officer why aren't there signs of wear and tear?" "Loboflor." You won t catch Loboflor showing it's age With 80 million fibres in each square metre, Loboflor so outlasts conventional carpet that it's guaranteed for ten years. Now
      111 words
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  • TECHNOLOGY
    • Article, Illustration
      When your computer catches the virus ...
      793 9  - When your computer catches the virus k l?(j> ty Jeffrey Tsang THE NEXT TIME your computer crashes on you or toees data for seemingly inexplicable reasons. don't rush to the phone and curse the vendor who sold it to you. For it might not be spoilt, but sick. Like humans,
      793 words
    • Article
      In search of the well-rounded scientist
      179 9 UNIVERSITY COLLEGE, a member of the London University, has pioneered a new science degree which aims to produce a new breed of scientific allrounder to meet Britain's changing requirements for science graduates, reported the New Scientist. r The degree encompasses many scientific disciplines instead
      179 words
    • TECH-TAKES
      • Article, Illustration
        A boy's best friend — a robot
        125 9 A boy's best friend a robot IN HIGH-TECHNOLOGY TOKYO, dogs are no longer a boy's best friend. As this young visitor to the Science and Technology Museum has found out, a singing and talking robot, immovable as it Is, could be as entertaining as a four-legged furry creature. But this
        125 words
      • Article
        Lock icon New research facility for Kobe Steel
        80 9 Reuter KOBE STEEL LTD is building a two billion yen facility to conduct research, mainly into biotechnology, in Tsukuba City near Tokyo, a company spokesman said. Tsukuba contains a science park where many government and private research laboratories are located Kobe Steel will move
        Reuter  -  80 words
      • Article
        Lock icon High definition pictures for VTRs
        87 9 Reuter HITACHI LTD and Matsushita Electric Industrial Co Ltd have separately developed hi-vision video tape recorders (VTRs) for professional use, company spokesmen said. The professional VTRs, which use a 1/2-inch metal tape cassette, offer high definition pictures. Hitachi plans to market its VTRs in the
        Reuter  -  87 words
    • Article, Illustration
      Lock icon Are hi-tech heroes sapping US economic might?
      1061 9 NYT HAS THE Silicon Valley ideal, the model of business innovation, outlived its usefulness? For a generation, engineers became heroes by abandoning careers at big corporations for the chance to make a fortune by building new companies around a risky new technology. The
      NYT  -  1,061 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      74 9 Coffee at I T CC Fountain Cafe. Groom up at Saloon dt' Yamano. Lunch at Tung Ix>k Shark's Fin. Grab a novel at Books Kiiioknniya. Shop at Daimaru I)ept Store and Supermart. Work out at Riverside Fitness Centre. Dine at The New Otani Trader Mr s t'mvind at your apartment
      74 words
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      Page 9 Advertisements Column 2
      122 9 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
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  • PERSPECTIVE
    • Article
      Taking the thorns out of services
      447 10 PITY THAT poor SAF officer and his detachment of close relatives who set out hunting for durians recently. The search-and-devour mission was completely unprepared for the chain of events that followed. The officer had mounted an expedition to probe and collect specimens of the
      447 words
    • Article, Illustration
      Giving life to the business of death
      1715 10  -  A new breed of undertakers has entered the business of burying the dead. You could say the business has gone professional. The new breed speaks English, dresses smartly with tie to boot, wears polished shoes and works in air-conditioned offices. To find out
      1,715 words
    • Article, Illustration
      Lock icon Drought wreaks havoc on US farms and prices
      772 11  -  A drought emergency has been declared in 18 US states. Cattle pasture conditions are the worst since the 1934 Dust Bowl and crops are threatened. DEBORAH HARGREAVES surveys the extent of damage caused by the drought and its effect on commodity prices.
      FT  -  772 words
    • Article
      Lock icon British Coal in the centre of heated rows
      860 11 It is unhappy over nuclear power's privileged position, but is in turn blamed for delay in changing its working practices FT BRITISH COAL launched an attack on Wednesday on the UK government's plans for the electricity industry in the wake of a
      FT  -  860 words
    • Article
      Lock icon Traffic jams that grow and grow
      893 11  -  By FRANCISCO CONDE AP gridlock as triple-parked cars block the buses, trucks and thousands of taxis that try to plough through the Spanish capital. And in most of Spain's large cities, officials appear helpless to resolve the mounting traffic problems caused by lack of
      AP  -  893 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      309 10 The Stock Exchange of Singapore and Business Times will present a seminar entitled Investment Opportunities in Asian Securities at the Westin Stamford and Plaza Hotel, Raffles City, Singapore, on Friday, July 15th, 1988. PARTICIPANTS in this seminar will hear expert views on the opportunities that currently exist in Asian stock
      309 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      620 10 eaassssasxas) CRYPTIC PUZZLE ACROSS 1 He's no minor (5) 6 Old enough for a bit of duty (5) 9 Support in a case of roof rot, possibly (4. 3) 10 The odd street light! (5) 11 Like the weather in Ayr? (5) 12 Maurice wrote notes (5) 13 Entertain a
      620 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      11 11 M managers /l/lust v lanage •BT shows you how every Monday.
      11 words
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      Page 11 Advertisements Column 2
      127 11 ANG TAI-CHI and MOVING MEDITATION Group practising will be held at St Ignatius Hail on Tue Thur Bpm 9pm Commencing on sth July 1988 9 SPECIALLY PREPARED LESSONS Individual practising arrangements for busy professionals wiH be held at Far East Shopping Centre Also available on Tai-ji Qigong Video Courses For
      127 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1344 11 Bristow: Fiank BickenS So RyjcrW CP PoOL S RO&6.R FRofvq Tv 4£. DRRVjJINO OFFICE. QU nt. ToOCV-WNG, B£P»U-Y I*4lS P»Rm P\JF\i\NQ> rfNpnrcwmp»W£R... H po TWei NOALR UXJRKtD H€Jsfc T Hey roiGMT Neveß H*ve PWD MOUJ THe L, Ve. Cv<eß P\FTe£ ter tHOSe LOMOm HPOH >JO«MGD ToGCJHeI?. m w em oast©
      1,344 words
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  • SPORTS & LEISURE
    • Article, Illustration
      McEnroe's back and in fine voice
      550 12 ON HIS FIRST DAY BACK on British grass courts since losing in the quarter-finals of Wimbledon three years ago, John McEnroe got angry over a line call and took a swipe at Britain's tennis rulers on Wednesday. "Who was your last champion? Was it
      550 words
    • Article
      Big crowd set to take a walk down memory lane
      352 12  -  By CHARLES SAVAGE IT'S TOO LATE. If yoti haven't signed up already, you will have to gelek somewhere else. Gelek (recall the way Marilyn Monroe and Betty Grable moved and you'll get the idea) may make some sea-sick but it
      352 words
    • Article, Illustration
      Lock icon Lyle in the running for golf's Grand Slam
      459 13 Reuter SANDY LYLE of Britain, the only player who can win the Grand Slam of golf this year, isn't even thinking about it. "If it happens, it happens,'" the 30-year-old Lyle said recently when asked about the Slam a sweep of the
      Reuter  -  459 words
    • Article, Illustration
      Lock icon Johnson declares war after Game 4 defeat
      542 13 UPI BELIEVE IT OR NOT. Magic Johnson is mad. That can only mean one thing the NBA championship series has finally begun. Sure, there have already been four games, each team winning two. but that was when the Detroit Pistons and Los Angeles
      UPI  -  542 words
    • Article
      Lock icon England manager gets tough on discipline
      184 13 AFP ENGLAND'S cricketers face a double disciplinary clampdown for the second Test against the West Indies. which started in London yesterday, in the wake of the Mike Getting affair. England manager Micky Stewart has reacted to reports of sex and drinks romps during the
      AFP  -  184 words
    • Article
      Lock icon Shock defeat for Ravinella at Ascot
      94 13 AFP RAVINELLA, winner of the English and French 1,000 Guineas, lost her unbeaten record in the £100,000 Coronation Stakes at Ascot on Wednesday. The 4-6 hot favourite was only third, six lengths behind winner Magic Of Life, a 16-1 tip, and 33-1 shot Inchmurrin
      AFP  -  94 words
    • Article, Illustration
      Running away from your problems
      458 13  -  HOMOHKBY BUSUBSS with Mike Cashmore THE CONCEPT that exercise can have beneficial and therapeutic effects has been known for a long time. Indeed, the ideal of mens sana in corpora sano "a healthy mind in a healthy body" dates to the ancient Greeks. In the
      458 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      269 12 COURyOISIERXO WIHIEIRE Iff) EAT, DUNK BUFFET DINNER AT CAFE VIENNA JUNE 1 JUNE 30 Relish on a buffet spread boasting over 20 alt-time favourites. There are meat and fish coM cuts, salads, fried rice, noodles, vegetable rice, {uo tiao. mrfen. beef, seafood and desserts. Our Muslim Head Chef will specially
      269 words
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      Page 12 Advertisements Column 2
      113 12 INTERNATIONAL BUFFET Monday to Friday (Lunch) 3 V a m 'U w HAPPY EVER AFTER... begins at Novotel Moke your wedding celebration a happy experience We'll help make this special occasion a time you'll remember for always. $320 per table (9-course Chinese banquet) OR $28 nett per person (International Buffet)
      113 words
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      Page 12 Advertisements Column 3
      168 12 SATISFYINGLY HYATT Discover Hong Koog at Ruyi. our new Cantonese restaurant on the mezzanine level. Our Hong Kong chefs will delight your palate with lunchtime dian xian. and a la carte dinner specialities Lunch: 11.30 am to 2.30 pm Dinner: 6.30 pm to 10.30 pm IR?/ A* HYAn RegencyjoSingapore 10-12
      168 words
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      Page 12 Advertisements Column 4
      236 12 SOUTH EAST ASIA BUFFET! Cafe Plaza 16-30 June 1988 Come savor the exotic flavours of Malaysia, Thailand, Philippines, Brunei, Indonesia. Burma, Singapore and Vietnam It's a taste extravaganza from our superb starters to our divine desserts And as the menu changes daily, youll sample something deliciously different on your next
      236 words
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      Page 12 Advertisements Column 5
      173 12 E59 une3 1988 E3 unc 17 1988 Heat 1 Heat 2 Heat 3 Hear 4 HeatS Semi-Finals Look out for the Grand Finals to be held at Neptune Theatre Restaurant on Friday Sept 16 at 7.00 pm. QQj 'fmpapprr ktW tnifi d fptwrv 333 Orchard Road, Singapore 0923. Tel 737
      173 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      343 13 lENYIEICTAIN U.S. Beef Primed To Perfection June 1 30, 19M Enjoy U.s. Prime Mb of Beef at a promotional price of $22.90 for this month only. A prime dinner choice, carved at your table ana served with braisea onions, a baked Idaho potato ana crisp green salaa. Claim a superb
      343 words
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      Page 13 Advertisements Column 2
      306 13 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES PALM For between $26+ and $40+ r~~ mi i y° u can from our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses. And
      306 words
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      Page 13 Advertisements Column 3
      7 13 a o c 1 cn 5 6
      7 words
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      Page 13 Advertisements Column 4
      20 13 WtySeptember is such a busy month for athletes. THE SEOUL OLYMPICS AND THE 6TH TIMES INTER-BUSINESS HOUSE ATHLETICS MEET 1988
      20 words
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  • COMPANY NEWS
    • Article
      Lock icon KL brokers call for faster fee reforms
      494 14 MBT SOME MALAYSIAN stockbrokers have renewed calls to the Kuala Lumpur Stock Exchange to reconsider and to speed up the implementation of the graduated commission structure. The brokers are apparently disappointed by the long delay in calling for an extraordinary general meeting to
      MBT  -  494 words
    • Article
      Lock icon Innovest looks to Pacific Basin for growth
      374 14 Bernama HIGHLY-DIVERSIFIED Innovest Bhd is taking steps to strengthen its presence in the export sector and in the growing, booming economies of the Pacific Basin, executive chairman Datuk Dr Mokhzani Abdul Rahim said in his annual report. He added that barring drastic upheavals
      Bernama  -  374 words
    • Article
      Lock icon Sanyo may make washing machines in Malaysia
      298 14 Bernama SANYO is studying the possibility of setting up a plant to produce washing machines in Malaysia, Sanyo Sales and Service Sdn Bhd s marketing director said in Kuala Lumpur on Wednesday. Mr Tsutomo Morimoto declined to elaborate, adding that it was still
      Bernama  -  298 words
    • Article
      Lion Nathan Ltd to become official from next week
      190 14  -  From SELWYN PARKER THE MERGER that Malayan Breweries fought so hard to thwart will become official from next week. The new name Lion Nathan Ltd, representing the joint interests of Lion Corporation and retailer L D Nathan, is to be registered
      190 words
    • Article
      Lock icon Far East Asset unlikely to maintain group profit
      105 14 Bernama INVESTMENT and propertybased Far Eaat Aaset Bhd said it is unlikely to maintain the level of its group profit for the current financial year. Speaking after the annual general meeting in Kuala Lumpur on Wednesday, chairman Low Young Suan said the
      Bernama  -  105 words
    • Article
      Lock icon UEM expects Mslsm in profit from toll collections
      477 14 MBT UNITED ENGINEERS Malaysia (UEM) expects profit from toll expressway operations to contribute Msls million to group profit for the year ending Dec 31, 1988. Vice-chairman Halim bin Saad told shareholders at the company's 22nd annual general meeting yesterday that the profit
      MBT  -  477 words
    • Article
      Lock icon High & Low has big plans for cocoa
      120 14 High Low has big plans for cocoa Bernama PLANTATION company Highlands Lowlands Bhd (High A Low) is planning to diversify its crop mix by venturing into cocoa cultivation in a big way, its director, Datuk Haji Dr Ani Arope, said in Kuala Lumpur yesterday. "Cocoa would become an increasingly important
      Bernama  -  120 words
    • COMPANY BRIEFS
      • Article
        Sin Heng Chan explains acquisition
        69 14 SIN HENG CHAN (M) Bhd has informed the KLSE that the acquisition of 1.3 m shares of Msl each in Goldkist (NS) Sdn Bhd was through the purchase, at par, of one share from a director of the company and one share from a third
        69 words
      • Article
        FAI Insurances buys stake in Morrow (A)
        63 14 FAI INSURANCES LTD, through its wholly-owned subsidiary Lanlex No 45 Pty Ltd, has acquired nearly 19.9 pc of the issued ordinary shares of Morrow Australia Ltd for 42 cents per share. Lanlex No 45 will also be making a Part "C" offer for
        63 words
      • Article
        Fima Metal Box clarifies announcement
        54 14 FIMA METAL BOX Bhd has clarified that the press announcement of June 15 was not released by the company but by IBM with its consent. It said the announcement was to highlight the latest computer system which was recently installed by IBM at Fima's head
        54 words
      • Article
        Cold Storage names alternate director
        32 14 COLD STORAGE HOLDINGS PLC has announced that Dr John Stanley Keniry has been appointed alternate director to Mr Donald Andrew Budden, with effect from June 2, 1988.
        32 words
    • Article
      Lock icon CASH group returns to the black
      210 14 Bernama CONSTRUCTION and Supplies House Bhd (CASH) returned to the black with a group pre-tax profit of M 544,000 for the six months ended Feb 29, 1988, compared with a pre-tax loss of MSI.B million in the previous corresponding period. Group turnover rose by
      Bernama  -  210 words
    • Article
      Lock icon Public Bank optimistic about this year's prospects
      347 15 MBT PUBLIC BANK is optimistic of better prospects this year upon completion of its approved capital restructuring scheme. Following the exercise, the group s shareholders' funds would exceed half a billion ringgit against 1987 s M 5329.38 million. comprising MS2IO million share capital
      MBT  -  347 words
    • Article
      Lock icon Setron to introduce new communications system
      199 15 Bernama SETRON (Malaysia) Bhd, an electronic consumer products manufacturer which has diversified into computers and trading, is to introduce a new method of communication and information transmission. Chairman Mohamed Ibrahim bin Mohamed Zain said the new method, called Satcom Systems, made use of satellites
      Bernama  -  199 words
    • Article
      Jack Chia International reports strong after-tax profit
      183 15 JACK CHIA INTERNATIONAL LTD (JCI), a Hongkong-based related company of Jack Chia-MPH Ltd (JC-MPH), has reported that its profit after tax but before extraordinary items jumped nine times from HK$l.26 million to $12.50 million for the year ended Mar 31. 1988 Directors of
      183 words
    • Article, Illustration
      Matterhorn tenants served with writ
      456 15  -  Building to be vacated by June 22 By CORRINA LIM THE HONG LEONG Finance group has served a writ of possession on the tenants of Matterhorn Building to vacate the building by Wednesday, June 22. Matterhorn Building was developed by Malaysian businessman Yap Chin Kwee.
      456 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      988 14 M Road, The Directors of Sing Investments Finance Limited and its Subsidiary Company (The Group) are pleased to make the following announcement > (I) Audited Results For The Year Ended 31 December 1987 The Company The Group As A Of Issued And Paid-Up Capital And Reserves At End Of Year
      988 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      1458 15 CREDIT CORPORATION fSINGAPORE) LIMITED EMPLOYMENT OF CAPITAL FIXED ASSETS CURRENT ASSETS Amounts due under hire purchase, lease agreements, factoring of trade debts, accounts receivable financing, shore financing and loans and advances Assets on lease Trade debtors Other debtors Statutory deposit with Monetary Authority of Singapore Singapore Government Securities and Treasury
      1,458 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Profit-taking slows down market rally
      4887 16 SHARE PRICES in Singapore rose further yesterday but periodic profit-taking prevented the market from extending Wednesday's euphoric rally. The Straits Times Industrial Index gained 2.94 points to 1.069.39 while the 40-issue BT Composite Index rose 3.41 points to 942.35. The quality of actively traded stocks
      4,887 words
  • Page 16 Advertisements
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  • REGIONAL MARKETS
    • Article
      Business done on the SES
      4353 17 BID and otter 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".
      4,353 words
    • Article
      KLSE
      3553 17 INDUSTRIALS Acmo (260/—) Alcorn (82/833) 83 (9) 82 (5) 84 0) 83 5 (6) API (46 5/471 48 (40 47 5 (131 48 5 (121 46 Oil 46 111 45 5 (21 45 111 465 08) 47 16) AISB 012/113) 114 (51 113 (I) 113 (50 ASM (261/2621 262
      3,553 words
    • Article
      Unit trusts
      274 17 Monog•r»' prk*i for June 17 Singapore Unit Trust Th* CooM'C* 0« 1 OS* Th* SoyiflQs Fund 087 0*3 S'por* Prog Fund 043 0 46 S'por* S*c Fund 069 074 S'por* lnv*»t Fund 069 0 74* S'por* Equity Fund 049 0S3 Asia Unit Trust Mai Invaii Fund 1 38
      274 words
    • Article
      Stocks close easier
      1481 18 Hongkong SHARE prices on the Hongkong market were slightly easier on mild profit-taking yesterday while transactions remained high supported by both local and overseas institutional investors. The Hang Seng Index slipped 6.08 points to 2,693.50 after fluctuating a mere 15 points throughout the day. The broader based
      1,481 words
    • Article
      Lock icon Tokyo
      485 18 Reuter SHARE prices on the Tokyo market ended at a record high close yesterday in moderately active trade but were off morning peaks, following Wall Street's last-minute rally on Wednesday The Nikkei Index rose 53.80 points, or 0.19 per cent, to 28.147.32. It peaked at 28,228.31 just before the
      Reuter  -  485 words
    • Article
      Lock icon Bangkok
      158 18 Reuter THE SECURITIES Exchange of Thailand Index roee 7.32 to 461.86 yesterday on a turnover of 14,213.069 shares worth 1,698.06 million baht. JUNE 16 BAMT A Ao Kham Thai Ayudhya ln»aa>man Bangkok Agro-tnd Bangkok Bank Bank Ol Ayudhya.... Charoong Thai Win ft Cabte Data mat Dhana Stem Fin Asia
      Reuter  -  158 words
    • Article
      Sydney
      337 18 THE Australian share market closed on its highs for the second consecutive session yesterday following further rises in New York and London overnight. At the close of floor trading, the All Ordinaries Index was 11.6 points firmer at 1,599.3. The All Industrials Index rose 19.2 to 2,527.6, the All
      337 words
    • Article
      Taipei
      260 18 JUNE 16 AH Sincara Indua Aaia Camant Cathay Con* WT I 70 •1 SO lis so 015 0.5 -3.5 KoNn Kuochan Dav.._ Laa Chang Yuan Cham Indua Uan Hwa indua Nan Ya Plaa 52 00 64 50 66 00 72.50 66.00 -1.5 -1.5 ■2 -a Chang Hwa Bank Chang
      260 words
    • Article
      Seoul
      97 18 JUNC 1« WON Kai ***** 200 Kangwon Ind ***** -200 -100 Chail Sugar Daalim IryJ ***** -600 -3000 Koton Ind ***** +1000 •too Daewoo Corp ***** •100 Lucky Lid 1M0 300 Daawoo Haavy Da whin Sacurittaa Dong Ah Ptvar Dong Suh Stock Dongbu Stoal ***** ***** ***** 300 -700
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    • Article
      Manila
      67 18 n PUOI 1 PM OWHM OOM unch Anglo Phil 0009 unch •0 001 PMto* B 043 unch Ptcop B PLOT 1S3 -2 Biguio Gold unch Son M, C u«l 1*4 0 22 3 +o im Sim* Darby >1 i Ci nt II rim nil r*Kjy» LMtnto B «0 0
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      53 17 APPONTMENT SEAMAR SHIPPI PTE LTD require an ACCOUNTANT (female) The ideal candidate should be in early thirties having min. 5 years previous shipping experience and have the necessary qualifications for the job. Please apply in confidence, enclosing a full CV to: SEAMAN SHIPPING PTE LTD 1503 Shell Tower 50 Raffles
      53 words
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      Page 17 Advertisements Column 2
      629 17 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF MOTHER NATURE TRADING (S) PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION 290(2) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at
      629 words
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      Page 17 Advertisements Column 3
      555 17 NOTICES This advertisement appears as a matter of record only. Ktppd Corporation Limited (Incorporated in the Republic of Singapore) *****,000,000 1.8 per cent. Bonds due 1993 with Warrants to subscribe for Shares of Keppei Corporation Limited Issue Price 100 per cent. MORGAN GRENFELL (ASIA) LIMITED Chase Investment Bank Limited Merrill
      555 words
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      Page 17 Advertisements Column 4
      367 17 LOST SHARE/STOCK/LOAN STOCK/ TRANSFERABLE SUBSCRIPTION RIGHTS CERTIFICATES The following Share/Stock/Loan Slock (LS)/Transterable Subscription Rights (TSR) certificates/*together with the relevant signed transfer deeds have been reported lost or destroyed: FAR EAST LEVINGSTON SHIPBUILDING LIMITED No. of Shares/ Certificate No. In the name of Stock/LS/TSR ******3 Low Nominees 1 x 1.000 Sdn
      367 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      66 18 as* > wr m f -f*•. < >?/?* v *'f V i ;> Just as thousands depend on Business Times to nurture them with the news, the animals at the *00 need foster parents to sponsor their upkeep and well-betng.lo tMhtpf this H MSSRB m PC-m-4 v U. T-&.. ■V>
      66 words
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  • WORLD MARKETS
    • Article
      Profit-taking fails to stop surge
      894 19 New York WALL STREET strung together a rally on Wednesday in the last minutes of trading that lifted the market to a postCrash high and reversed a day-long profit-taking trend. Brokers said shortcovering buoyed stocks, while firmness in the dollar and bond markets added underlying
      894 words
    • Article
      Lock icon Equities open steady
      911 19 London Reuter EQUITIES ON THE London market wore basically steady around last night's closing levels at the official 0800 GMT opening yesterday, with around half the FTSE 100 index constituents yet to show any change. Dealers said, however, that the undertone waa firm, although they expected little
      Reuter  -  911 words
    • Article
      Untitled
      1264 19 Selected indices HONGKONG Hongkong Index Thursday 1.783 75 Wednesday 1.786 92 Week ogo 1,7*9 59 Hang Seng Index Thursday 2.***** Wednesday 2.699 58 Week ago 2.***** All Industrials Thursday 2.527 8 Wednesday 2.507 4 Week ago 2.5036 NEW YORK Dow Jones Wednesday 2.***** Tuesday 2,***** Week ogo 2.***** TOKYO Nikkei
      1,264 words
    • Article
      Lock icon American Stores fears sharp plunge in profits
      76 19 FT PROFITS at American Stores, the largest US supermarket chain following its recent US$2.5 billion takeover of Lucky Stores, will be severely depressed for the remainder of this year because of the cost of financing the deal, the company has warned. Mr LS
      FT  -  76 words
    • Article, Illustration
      Lock icon Rockefellers linking up with French wealth
      476 19 Investment in Marine-Wendel FT THE ROCKEFELLERS ars forging links with the Wendels, Franco's oldest industrial dynasty, bringing together America's former oil barona and the former steel barons of France. Rockefeller and Co. the inveatment adviaory company which manages the US$4 billion aasets of the
      FT  -  476 words
    • Article
      Lock icon Britain's Aveling Barford goes into receivership
      381 19 FT RECEIVERS were sent in on Wednesday to Aveling Barford, one of Britain's most-long established manufacturers of construction machinery, following the company's failure to stem losses during a long period of decline. The company, based at Grantham, Lines, employs 820 people and makes a
      FT  -  381 words
    • Article
      Lock icon Clowes freed on bail
      141 19 Reuter BRITISH FINANCIER Peter Clowes, arrested in an investigation into the Barlow Clowes Fund Management Group, was released on £350,000 bail yesterday. He is, however, to re-appear in court on August 4, the Serious Fraud Office said. Clowes was charged on Wednesday with perverting the course
      Reuter  -  141 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      134 19 I I I Yes, I want 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 value of keeping abreast of what is happening in the complex world of business.
      134 words
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  • Article
    S'pore-based Tokyo firms assuming major roles
    514 20  -  By ANNA TEO THE BIG SURGE in Japanese investment and production shift to Singapore in the last few years is bearing fruit. Many Japanese subsidiaries here, particularly those engaged in making endproducts, have become their groups' main overseas centres. Besides supplying their traditional major
    514 words
  • Article
    Lock icon Seoul Chief Justice decides to resign
    219 20 AP THE CHIEF JUSTICE of South Korea's Supreme Court has decided to resign in the midst of calls by nearly 260 judges for judicial reforms to restore independence and public confidence, aides to the justice said in Seoul yesterday. Chief Justice Kim Yong-chul planned
    AP  -  219 words
  • Article
    Lock icon KL and Beijing sign two air pacts
    125 20 AFP MALAYSIA and China signed two agreements yesterday for charter and scheduled flights between the two countries. Ramon Navaratnam, secre-tary-general of the Malaysian Transport Ministry, said one agreement would allow Malaysia Airlines to mount fortnightly charter flights to Guangzhou. The other was for
    AFP  -  125 words
  • LATE FILE
    • Article
      Lock icon Japan's GNP rises 4.9pc
      44 20 Japan 's GNP rises 4.9pc AFP JAPAN s gross national product grew 4.9 per cent in real terms in the fiscal year to March 31, up from 2.6 per cent a year earlier, the Economic Planning Agency said in a preliminary report yesterday. AFP
      AFP  -  44 words
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      Lock icon Gatt sets up US, EC dispute panel
      35 20 Reuter THE WORLD trade body Gatt has set up a dispute panel on a US complaint on European Community (EC) subsidies to producers and processors of oilseeds. Reuter
      Reuter  -  35 words
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      Lock icon Crude prices fall on market jitters
      56 20 AFP CRUDE oil prices fell on the London spot market early yesterday as operators re-as-sessed the outcome of the just-ended Opec meeting, oil analysts said. The benchmark Brent blend was traded at U5515.50 a barrel for July delivery in early trading, down from U5515.75
      AFP  -  56 words
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      Lock icon Tax breaks for Thai projects
      50 20 Reuter THAILAND has given major tax concessions including tax holidays, tax cuts of up to 50 per cent for five years to local and international companies participating in petrochemical projects worth some US$925 million during the second phase of its Eastern Seaboard Development Programme. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Oil firms sign pact with Hanoi
      35 20 AFP VIETNAM signed a US$7O million oil exploration contract with Belgian-Anglo-Dutch consortium PetrofinaShell yesterday, the first offshore oil agreement with Western companies since 1975, a Vietnamese communique said. AFP
      AFP  -  35 words
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      Lock icon Marcos may face US indictments
      44 20 AFP FEDERAL US prosecutors are seeking to bring indictments against former Philippine president Ferdinand Marcos and his wife, Imelda, on fraud and other charges. Top Justice Department officials are considering the request to bring indictments, the officials said. AFP
      AFP  -  44 words
  • Article
    Lock icon Comex gold and silver
    62 20 Reuter COMEX gold futures were marked up early yesterday. In a nervous market, August gold rose US$2.7O to U*****.50 an ounce. Comex silver futures firmed on early buying by speculators. Fired up by the inflationary consequences of rising agriculture prices, silver for delivery in July rose
    Reuter  -  62 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      753 20 CHEERS! Regular readers will know that this column always ends with a recommendation to clip the coupon and to find out more about The Wine Set. We lead with this today because a couple of weeks ago we held the first Wine Party of the season. Gathered in Silks Lounge
      753 words
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      Page 20 Advertisements Column 2
      116 20 leaving Singapore for 3 weeks? know your family is safe and happy... Va 29 m I'S Vv,/ You owe it to yourself to check out Ardmore Park the security is excellent, school buses call at the gate, and there is aerobics, squash, tennis, swimming, chip and putt and special interest
      116 words
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      Page 20 Advertisements Column 3
      216 20 Hooked on porcelain YOU MIGHT NOT WANT to look at them too closely in case they come alive and turn your life into a late-night horror movie. Some would consider them ghastly. Others think ?!!ff T wondroua to behold. Tomorrow, Executtva w takes a close-up look at a unique past-time
      216 words
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      Page 20 Advertisements Column 4
      3 20 Sm PAGE 8
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  • SHIPPING TIMES
    • Article
      Market prospects good, says Wijsmuller Transport
      422 21  -  By JUNE LIM THE HEAVY LIFT market has entered into a more stable phase and prospects for Wijsmuller Transport are good, said Dr William Cordia, chairman of the supervisory board of Wijsmuller Transport BV. The collapse in the market following the downturn in the
      422 words
    • Article
      Lock icon Cargo handled by Kuantan port up 51.6pc
      299 21 Bernama KUANTAN PORT handled 742.003 tonnes of cargo during the first five months of the year, an increase of 51.6 per cent over the corresponding period last year. A port authority spokesman, Haji Mohamed Awang. said in a statement released on Wednesday that
      Bernama  -  299 words
    • Article
      Meng Horng adds one more ship to Bangladesh run
      170 21 STEADY IMPROVEMENT in the Singapore-Bangladesh trade has prompted Meng Horng Shipping to add another vessel to its container service. Acquired at a cost of US$2 million by an associated company, Yong Ji Li Trading (S), the Fong Yun will be the
      170 words
    • PORTSIDES
      • Article
        Cosco launches S'pore-Bangkok run
        101 21 THE CHINA OCEAN Shipping Company (Cosco) has launched a service between Singapore and Bangkok to meet its feeder requirements and promote trade between the two Asean destinations. The weekly container service will connect Bangkok containers with mother vessels in Singapore and viceversa. Two vessels of 150
        101 words
    • Article
      Lock icon Cruise industry weathers storm well
      978 22 NYT WHEN the stock market crashed last October, lots of Americans cancelled their winter vacations to Caribbean islands. The Bahamas. Jamaica, and Antigua were among the hardest hit. But the companies that operate the cruise ships that ply the Caribbean's warm blue waters say they
      NYT  -  978 words
    • Article
      INDEX TO ADVERTISERS
      956 22 AB Shpg V 5 ARC Contoiner IX 1 Accord Shpg VI Ahrenk»el liner XI Alltrons VII AC Toepler XI Amer.con Tpt N Anro Service IV Arrow lines IX Anon Ocean XI Assoc Corr»oge XI Alios line X ANl 1 A PC line V API m ASCI Ml
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      Lock icon MS Atlantic on lease to Premier
      83 22 Reuter GREYHOUND CORP says its Premier Cruise Lines subsidiary has signed a lease with an option to buy for the 36,500-ton cruise ship MS Atlantic. It said on Wednesday that it will rename the ship Star/Ship Atlantic. The ship will sail on three and
      Reuter  -  83 words
    • Article
      Lock icon Plan to create LPG storage caverns in Swedish mountains
      204 23 Lloyd's List AN AMBITIOUS SCHEME to create vast storage caverns for volatile liquefied petroleum gas (LPG) in the mountains of western Sweden has been put forward by Norwegian state oil company Statoil. The scheme probably the world's largest of its type
      Lloyd's List  -  204 words
    • Article
      Lock icon Japan to ease import ban on Californian nectarines
      284 23 UPI JAPAN for the first time will relax its import ban on Californian nectarines, paving the way for shipment of US$4 million worth of the fruit this year, state agriculture officials said in Sacramento on Wednesday. The ban will be lifted on
      UPI  -  284 words
    • Article
      Lock icon Two tankers in mishaps
      62 23 Reuter THE 30,990-dwt Liberian tanker Ensis hit a wall on departure from Miraflores locks. Panama Canal, on June 12. damaging its port quarter, said Lloyd's Shipping. In another accident, the 31.374-dwt British motor tanker Eburna came into heavy contact with the corner of a concrete pier
      Reuter  -  62 words
    • Article
      SHIPPING LIST
      8509 28 AAMHUt i Vlit* N«ptune CM 0 Jun« 17 Toyama ScanOutcht June 20 Ming Propitious Yang Ming June 20 1 Chun He, China Ocean June 21 Tokio Express Triot June 2t(PK). Frankfurt Express Triot June 23 I Arthur Maersk Maersk Lin* June 23 I Ever Govern Evergreen June 24
      8,509 words
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      BUNKER MARKET REPORT
      937 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 individua
      937 words
    • Article
      BUNKER QUALITY MARKET REPORT
      128 28 Thto weekly report to preporod by Veritas Petroleum Services, London. The information, minimum and maximum levels, to aamimlAA l«Afn yaaaels DIIIQ Ofl HITIIIMS MfTipiM TrOfTi rTiOiOf V9BIIII iVwfyt#Q If) ItS laboratories. More comprohonaivo fuel quality Information to pooled to participants in tha Veritas fuel quality pleating
      128 words
    • Article
      SHIPS IN PORT
      1266 29 AT CONVENTIONAL WHARVES VhmI B«rt h Arrival Departure KEPPEL WHARVES Sfrorts Hope Bin Yor Aduo t»n fotoling lm P®tol.r*g 2 fofO* ftroofc« Eouoto' IN Koto Mul«o Kris Nil* K20 K24E K33 KIS KI9 KI9 K2S£ <23 ■C32 K25f KI8 olongvd* olongxd* olongud* olongxd* okxigvd* olongvo* 1706/1600 1706
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      LONDON FREIGHTS
      1279 31 THE ONLY outstanding feature of typically lackluster summet charter market on Wednesday on the London shipping freight* market was a further reduction in the US Gulf-Japan grain bulker rate Mitsubishi fixed the Elpis wit& 52.000 tons at US$l9 40 baa*s no combination ports and July 8-15 loading Coal
      1,279 words
    • Article
      Kvaerner takes over Velle's activities
      237 32 KVAERNER BRUG. one of the world s leading suppliers of ships' cargo access equipment, has taken over the cargo access activities of Norwegianbased Velle Systemer Through its ships equipment division, Kvaerner designs and produces a wide range of products including main and tweendeck hatchcovers, doors,
      237 words
    • Article
      Lock icon Toxic gas siphoned out of sunken Italian tanker
      155 32 AP SOME 900 tons of toxic gas have been siphoned out of the hold of an Italian tanker that sank in the northern Adriatic Sea more than three years ago. The siphoning operation, which started in May, followed a lengthy process of
      AP  -  155 words
    • Article
      More cargo passes through Singapore
      304 32 SEABORNE cargo handled by Singapore advanced by an impressive 30.1 per cent in the first four months of 1988 compared with the same period in 1987. Volume channelled through all Port of Singapore Authority gateways and Jurong Port totalled 21 42 million tonnes, with general
      304 words
    • Article
      PORT CONDITIONS
      264 32 ALL SURVEYS were conducted on June 6 Argentina Buenos Aires Normal operation. Bahia Blanca Waiting time of up to four days. Australia All ports Normal operation. Bangladesh All ports Normal operation. Brazil Salvador, Santos and Rio de Janeiro Normal operation. Cameroon Douala Normal operation. Chile All ports Normal
      264 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      698 21 if'-V TIMES STP Distributors Tim** Pufefrs/wog Croup OOCL ORIENT OVEIQIAS CohLim* LINE WW/ JARDINE SHIPPING AGENCIES (Ref No *****4/ OOK) 200 Cantonment Road #12 05 Southpoint. Smgaoo'f 0208 Tel 221W11 TELEX NO RS 2*179 TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT
      698 words
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      Page 21 Advertisements Column 2
      119 21 mm WHEN the stock market crashed last October, lots of Americans cancelled their winter vacations to Caribbean islands. But the companies that operate the cruise ships that ply the Caribbean's warm blue waters say they barely felt a ripple. Page II JAPAN for the first time will relax its import
      119 words
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      Page 21 Advertisements Column 3
      623 21 TIMES STP Distributors MAERSK LINE THE SHORTEST DISTANCE BETWEEN WEST GERMANY AND STRAITS IS MAERSK UNE Th« mt Antiur Maertk Cloaing Tim* CV 22/6 2300 MBS CFS 22/6 1300 MBS To Europe UK Scand«nav.a Finand ROT BRV ARTHUR M MO* ANNA U MM M TA.COM> MM) M ROTTERDAM MM ANOERS
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      596 22 NOTICE ANNOUNCEMENT EAGLE CONTAINER LINE take pleasure to announce the appointment of CONTSHIP ASIA PTE LTD as General Agents in Singapore for their full containerised service to Mediterranean and Europe with effect from Ist July 1988. We take this opportunity to express our appreciation to the previous agents, Eagle Container
      596 words
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      Page 22 Advertisements Column 2
      94 22 Lines and services represented by Members of the Registry of Accredited bhipping Agents, Singapore National Shipping Association IS c SAV Corrpnnu Sud Amcricanj dc I'jporcs S A SERVICE to/from CHILE FEEDER VESSEL IS PORE MOTHER ttSML HK ARICA tQQ ANTOf VALP SAI CSAV IM ARAUCO WSCB a* 1M 4/t U
      94 words
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      Page 22 Advertisements Column 3
      627 22 Trans Ocean Ltd and its subsidiary Trans Ocean Distribution have reached an agreement with P O Containers for the purchase of the flexitank assets of P O Container's subsidiary. Unispeed Limited. Greer Arthur, President of Trans Ocean Ltd, said "Our acquisition of Unispeed's flexitank business will enable Trans Ocean Distirbution
      627 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1052 23 drf The Straits Steamship Group Mansfield Container Shipping Pte Ltd P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT: TOKM EXPRESS LA SEiPW HMBUK EXPRESS KMUXI KUVM OSAKA (AT Also Accepting Cargo Fof: Hiatal f It CieenlM(in. AartoK. li Antowi». AmtorUtai I IN—l—en to trmmr I——(ton to «l UK Mmtiw. ft m*w|. Melnui.
      1,052 words
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      Page 23 Advertisements Column 2
      854 23 r *r widr'" Fas Container Terminal Marseilles-Fos Europe's Intermodal Superport on the Mediterranean With an annual traffic of 90 to 100 million tonnes, MARSEILLES-FOS remains the largest port in France and the Mediterranean and the second largest in Europe. In 1987, total traffic between Marseilles-Fos and Singapore increased by 10
      854 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      432 24 HXSINOSE MARITIME PTE LTD I ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Si op pore m Loading for:BANOAR ABBAS JAPAN/KOREA SERVICE Singapore m loading for JAPAN, KOREA KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: A VESSEL 30/6 LAE, PMB. RBL, HRA MICRONESIA SERVICE HK LOAD FOR OCEANIA EXPRESS
      432 words
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      Page 24 Advertisements Column 2
      1084 24 i FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY KARACHI: ETA 20/6 AUSTRALIA/ NEW ZEALAND NEW CALEDONIA A FUI ISLANDS NOUMEA. SUVA/LAUTOKA 23/6 A 10/7 PAPUA NEW PORT MORESBY, RABUAL. LAE A MAOANG 26/6 A 10/7 SRI LANKA COLOMBO 21/6 26/6 LONGBEACH, NEW YORK, LOS ANGELES CHICAGO, BOSTON, JAV,
      1,084 words
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      Page 24 Advertisements Column 3
      1043 24 EVERGREEN Full Container Sen/ice Round-The-World East Bound (FE/CARIB/OSEC/EURO/FE) V 7 V 12/7 EVER GROUP InPI ajl an M M 1/7 4/7 EVER GIVEN 2M M 3D* W |p «7 »°*T" 2/7 5/7 7/7 1/7 11/7 14/7 17/7 EVER GRAND J/7 L 9/7 15/7 11/7 M/ 7 22/7 24/7 EVER gliamy
      1,043 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      964 25 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE OOWA HOT A EAGLE MAJAPAHfT JJOT SIN jkt sby VOY SIN pod hkg kao kee htc yok ngo kob bus 2SSS 11/1 21/4 23/4 24N8 27/1 IM 4/7 4/7 ft/7 12/7 IJ/7 15/7
      964 words
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      Page 25 Advertisements Column 2
      451 25 Irm BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT S'fOßt P XLANC STOW Tak» turni lit J2A HMfturf Eipriu 2M 2M *7 tp *P HA«» IDM HAVRE wj up ap an ap a/7 w EXPRESS CONTAINER SERVICE FROM UK/CONTINENT "vvLr i i nnnoninßcn I L.AKUU TO/FROM PENANG AND EAST MALAYSIAN
      451 words
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      Page 25 Advertisements Column 3
      504 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 VSL/VOY S PORE BILBAO ANTWERP H'BURG/ ROAM/ADAM BREMEN S. PANJANG/19WB 10-12/7 8/8 11/8 'A' VESSEL 26-3/7 27/8 30* KUTAIISWB 116-18/1 19/9 5/9 Sublet to Inducement.
      504 words
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      Page 25 Advertisements Column 4
      306 25 BOUSTEAD SHIPPING AGENCIES PA-AN Vlm PAGAN Vlm BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore P Kelang Penang Bangkok SEMI-CONTAINER SERVICE CLYDEBANK V23N TAMAITAI SAMOA VI3N FORTHBANK V22N SPORE ROAM HULL HMBG m nt an 16/7 13/8 22/8 18/8 3/8 29/8 6/9 3/9 HENRIETTE SCHULTE
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      677 26 Kline KAWASAKI KISEN KAISHA, LTD. RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH N. AMERICA-ATLANTIC COAST VOY *INDO 13 19/6 VOY LB 12 14/5 •PK/PNG SGP •PK/PNG *INDO N. AMERICA PACIFIC SOUTH-WEST EUROPE (Member of ACE) LE HAVRE F'STOWE 7/7 8/7 14/7
      677 words
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      Page 26 Advertisements Column 2
      365 26 Accepting LCL and containerised cargoes Direct to South Africa NEDLLOYD BANGKOK 0001 NEDILOYD COLOMBO 5635F OSAKA MARU 5740F CANOPUS OSOIF 'Subject to inducement HAYAKAWA MARU S43K VIRGO (QOIC VAAL 5536G P.Eliz down Durban Spore 13/6 14/6 17/6 1/7 5/6 7/6 14/6 J/7 25/6 26/6 29/6 13/7 JARDINE SHIPPING AGENCIES (REG
      365 words
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      Page 26 Advertisements Column 3
      672 26 'M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers ORIENT SUCCESS V 10) INDIAN COURIER V UN V NANOINI VMM TICER MY V 31 VISMVA PARINAI V KM ORIENT SUCCESS V 110 INDIAN COURIER V 32t» TICER BAY V SN ORIENT SUCCESS V 111 S O MANIPUR V 30H TICER BAY
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      Page 26 Advertisements Column 4
      724 26 GOLDEN LINE l«i> GUAN GUAN SHIPPING (PTE) LTD 11. I a. T«to* Aytr Stroot V^*— —4 SINGAPORE 01M TEL U43*1(18 LINES) F». UUSO4 STRAITS/PERSIAN GULF SERVICE S port P Keian, Ptn** GOLOCN HARVEST Colombo /KaradMfOuta* In Port GOLDEN WONDER Karachi/Dubai/Dammam 8/9 Jul CHINA SERVICE BAI TUN SHAN Shon|titi 25/26 Juno—
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      Page 26 Advertisements Column 5
      580 26 153 PHIU OnieNT UN€5 PTC LTD HEAO OFFICE 63 ROIINSON ROAO «07 1? AFRO ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 EMT/FM EAST FCI ft LCI SERVICE 25* 5/7 NEW GENTRADE 21/6 COLOMBO. KARACHI. CHITTAGONG rmr rr^TTT m m Ml" "11 LOW, F'STOWE, S TOW. LEEDS. TILBURY
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      850 27 NEPTUNE AGENCIES PTE LTD F Gonoral Enquiries: Tel: *****77 Terminal CFS BOOKINGS *****22 *****53 m P Kelang NEPLINE SON BHD 368*1/ NEPTUNE ORIENT LINES LTD Penang" NEPLINE SON BHD UOO3M Ft EU/AUST TPA/SEA S 27*5753 *****42 27*119 27*116 27*111 27*141 INWARD OUTWARD ENQUIRIES *****44 Penang NEPLINE SON BHD *****5/*****/*****1/62)662 J
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      Page 27 Advertisements Column 2
      76 27 CONTAINER LINE. INC DIRECT LINER SERVICE EXXON BRIDGE VO3/88 FRECON BRIDGE VO4/88 JOHNSON BRIDGE VOS/88 HUDSON BRIDGE VO6/88 ASSURANCE TWICE WEEKLY LCL PORT KELANG ETD 25/06 PENANG ETD 25/00 BANGKOK ETD 20/06 HONGKONG ETD 23/06 KEELUNG/KAO ETD 20/06 BUSAN/INCH ETD 16/06 MANILA ETD 16/06 TOKYO/KODE ETD 20/06 FELIXSTOWE ETD 25/06
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      Page 27 Advertisements Column 3
      472 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG, PENANG. KEELUNG. BUSAN, INCHON WEF JUNE:1) BUSAN SINGAPORE 2) 9 10 DAYS SERVICE II Name ETD BS S PORE PKELANC No Donam/lOSM »*K ******# 25 2M* No I Donam/lOSN IIAX 29-01/07 02-***** *Gloria/HSN 25« 0605)7 0»-l<M>7 No 9 Donam/IKN OM7
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      Page 27 Advertisements Column 4
      676 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** penanc p. kelang MESSRS MAI THONG SHIPPING 127 Penang Street. Penang. Malaysia M S HANDLING SYSTEM CO
      676 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      307 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 22b 6868 .30 Lies' fA* *****39 *****76 TUEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTFRACHT/SEEREEDEREI RQSTOCK INTEGRATED FULL CONTAINER SERVICE TO EUROPE WILHELM PIECK 4 BSjlB/6 RUEBELANO 5 88 ARKONA S/tt VIA COLOMBO Accepting cargo lor INDIA Bombay. Cochin.
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      154 28 7T71 Begi Wa f A F V/ t\ fc V flri 0 4 a 1 3 A sK fS IkT SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. June 17, IMB LEGEND: R Thunderstorm Temperature *C Shower Weather X—/ Wind (UrwUon with «prr<l la knots fUin W Cloudy »y W
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1301 29 LCL FIXED CONSOLIDATION TO:CHINA, HONG KONG, BANGKOK, KEELUNG, KMSHIUNG, KOBE, MANILA, BUSAN, INCHON, TOKYO, YOKOHAMA, OSAKA, COLOMBO, CALCUTTA, FELIXSTOWE, HAMBURG, BOMBAY, SYDNEY, MELB, KARACHI, CHTTTAGBNG, LEGHORN, JAKARTA, NAGOYA, GOTHENBURG. ALL EUROPE BASE PORTS ALL USA PORTS Also accepts to other destinations. ACCEPTING FCL/LCL AND CONVENTIONAL: LOADING FOR 2S/C Or—till—. Mombau
      1,301 words
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      Page 29 Advertisements Column 2
      181 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 011RAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT WEST BOUND SERVICE ETA S PORE MV BABYLON LOADING FOR Hodeidah. ieddah, Aqaba THROUGH B/L» to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA t BAG REEFER SPACE AVAILABLE
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      623 30 m FINE-LINER SHIPPING 70 Shenton Wiy W 02C Mirin.i Hnuse. S pore 0707 PTE LTD TEL (8 Lines) TLX RS 77M1 FLINER fAX 77)7856 EUROPE SERVICE TM \OH TM 11V7 PAR EAST SERVICE Da 3 cue: *8 IB Id? \Jg MIDDLE EAST GULF SERVICE HU AM DAM a* in *7
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      Page 30 Advertisements Column 2
      387 30 ZIM FULL CONTAINER SERVICE acceptinf FCL/LCL tarfoe» to USA Ewt 1 West Coast. Cirnbbean.E*st Can*da HAITI Cost* Rica El Salvador Guatemala Honduras. Venezuela Peru. Ecuador. Coiombta via Miami. Trinidad. Barbados. Antifua St Lucia. Montserrat. Cuayana via Kinfston 3Z3 HCHZDH m m hm na UM im AUSTRALIA CONTAINER SERVICE ZIM KOPER
      387 words
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      Page 30 Advertisements Column 3
      422 30 A PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE/JAKARTA VOY SINGAPORE JAKARTA PANJANG ETA ETD ETA ETD ETA ETD 161 Dry Docking M 169 27/06 21/06 30/06 02/07 170-171 04/07 05/07 07/07 01/07 172-173 11/07 12/07 14/07 16/07 174-175 11/07 19/07 21/07 23/07 VESSEL PRASETIA SINGAPORE/JAKARTA VOY SINGAPORE JAKARTA 7 1
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      377 31 Seabrfqgfe "sssadssag! 7 t-SEABRIDGE TRANSPORT SINGAPORE MALAYSIA (A member of tlx JEURO GROUP of COMPANIES. Japan) Singapore *****11 Tl* RS2SI4I SEAAIR Fa*: *****50 Warehouse at PSA Multistorey Complex *****06 Malaysia *****33 Tlx: MA***** Fax *****68 -JVEEKLY FROM Singapore Port Kelang Penang A/EUROPE: FAR EAST United Kingdom Bangkok, Hong Kong, Keelung,
      377 words
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      Page 31 Advertisements Column 2
      225 31 f API 1 r Con&oupatiow Sctvice NEW CALEDONIA TAHITI SIN 23/6, 28/6 NOUMEA 3/7 PAPEETE 12/8 MAURITIUS REUNION ISLAND SIN 22/6, 21/6 PORT LOUIS 2/7 REUNION 1/7 FRANCE SIN 27/6 MARSEILLE 18/7 LE HAVRE 2/8 TRANSTAHCRB WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TO
      225 words
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      Page 31 Advertisements Column 3
      347 31 LCL/FCL SERVICE JENWEL V73N VESSEL TBN S PORE I HKG 16/6 I 19/6 I tvii PSanaa EP3I vlum YWtM "SA M, >V, «t MA! AvS t A fjH M imrt S f l DOPf :l< A ASAPA A SfMAi IA '-AS AI A* MERCANTILE CONSOLIDATORS MERCANTILE CONSOLIDATORS (SINGAPORE) PTE LTD
      347 words
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      Page 31 Advertisements Column 4
      524 31 GLORY NAVIGATION GROUP TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* GLOAT SCUTA* VII VA 22/t GLORY SELATAN KM W 1M 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE AND W. MALAYSIA BULK CARGO
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      Page 31 Advertisements Column 5
      263 31 PTC CONTAINER LINES FCL LCt SERVICE PTC GROUP C/CJ CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL. s|N 23/6 HAIRATAN/KABUL/TOURGHUNDI k WORLD FREIGHT SERVICES LTD International NVOCC Container Liner Weekly Service To and From U.K. (Accepting cargoes for all inland destinations in U.K. POH TIONG CHOON SHIPPING (PTE) LTD TEL
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      349 32 if/ Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** 8, RS ***** l I \si ir\ \k i ixi k i) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! Yokohama 10(7 Nagoya Osaka 7/7 Senboku Moji 'Subject to cargo inducement 3/« nn 1/8 26/7
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      Page 32 Advertisements Column 2
      406 32 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CAN ADA/MEXICO AND FRENCH WEST INDIES For Gu tt. Halifax. Montreal. Toronto, No* York, Batthnoro, Portsmouth. mm 1 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEH§-COHTAf€R SERVICE TO SMN SOCIETE MAURICIENNE DE NAVIGATION LTEE INDIA OCEAN, SOUTH/EAST
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      Page 32 Advertisements Column 3
      952 32 /M MM CALL US AT: P. KELANG PENANG VV J BAHRU P. GUDANG Wmm SINGAPORE K. LUMPUR *****53/*****11 •04-*****2/4 *****3 •07 *****8 •07-*****3, *****5. *****0, *****1 •02-*****22 *****88 FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B. BUTANC 453 B BUTANC «S4 B. BUTANC 457 IllFT" T ***** .V< 1 ■/iwri:
      952 words