The Business Times, 23 June 1988
1988-06-23
1
30
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The Business Times
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Title Section11 1988-06-23 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, JUNE 23, 1988 75 CENTS11 words
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Article254 1988-06-23 1 AFP Dow Jones higher NEW YORK stock prices surged yesterday morning in active trading, bolstered by the momentum of a late rally in the previous session and a strengthened US dollar overseas. The Dow Jones Industrial Average jumped 34.68 points to 2,143.85 in the first hour ofAFP - 254 words
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Article, Illustration223 1988-06-23 1 MOST regional markets bounced back smartly yesterday following the overnight recovery on Wall Street. In Singapore, share prices recovered most of the previous day's losses on moderately active volume led by plantation stocks and blue chips. The 30share Straits Times Industrial Index gained 13.92223 words
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179 1988-06-23 1 THE US DOLLAR rose sharply in New York yesterday against the major currencies while gold lost nearly US$4, closing at U*****.05 an ounce. The US dollar traded at 128.55 Japanese yen and 1.7735 West German marks, up from Tuesday s close of 126.39179 words
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Article176 1988-06-23 1 AFP THE VIETNAMESE National Assembly yesterday elected Mr Do Muoi, the 71-year-old No 3 in the communist party's Politburo, as Prime Minister, reliable sources in Hanoi said. Mr Muoi, considered a conservative in economic matters, was the Communist Party Central Committee's designated candidate toAFP - 176 words
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600 1988-06-23 1 ELAINE KOH - Accounting firm stands its ground By ELAINE KOH A $105 MILLION lawsuit alleging negligence has been filed against Coopers Lybrand, the former auditor of the collapsed Pan-Electric group. The suit, served on Coopers on Monday, comes more than two years after the liquidation600 words
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476 1988-06-23 1 BOEY KIT YIN - ■y BOEY KIT YIN PROSPECTS of another quarter of good economic growth in the period from April to June look promiaing following latest results that show exports grew 33.4 per cent laat month. According to data from the Trade Development Board, the main476 words
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172 1988-06-23 1 Reuter, AFP THE SOVIET Communist Party daily Pravda yesterday welcomed planned peace talks on Cambodia. "What trouble spot is the next to be put out? Can it be Cambodia? It is quite possible," Pravda said in a commentary. Indonesian-sponsored talksReuter,; AFP - 172 words
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505 1988-06-23 1 IHT FACED WITH growing congestion in air corridors over Western Europe, the International Air Transport Association and civil aviation authorities are urging that military airspace be opened to commercial carriers. The Geneva-based association said on Tuesday that it wasIHT - 505 words
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Page 1 Advertisements
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Advertisement143 1988-06-23 1 Cassette Receiver K2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore: Phone *****33 Kuata Lumpur: Phone *****33 mg: Phone *****5/*****1 Jakarta: Ptione *****5 Full report, PAQE 16 Regional Mkts, PAQE 18 World Mkts, PAQE 19 m 1 V, *4 m f n t d FOR A GOOD DEAL Come and143 words
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Advertisement448 1988-06-23 1 {?>,!%_$:`?}))%}|],]{=<^"<*$]<+ Official axpclM, PAQE 4 Hanoi to dianga laadarshlp ragularty, BACK PAQE TV as crime deterrent SHOULD television enter the court room? Yes, says Seah Chiang Nee. former editor of the Singapore Monitor. He argues that in some instances, the broadcasting of court proceedings is fully justified as it will448 words
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Advertisement126 1988-06-23 1 Njii r n i .j t -■>"»« "94F Introducing smart money management for busy people. The world's two most accepted credit cards. Visa and Master Card. 9 24-hour ATM facilities in Singapore and around the world using your credit cards. The convenience of a cheque book. An automatic, pre-approved overdraft126 words
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HOME NEWS
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Article, Illustration326 1988-06-23 2 BOEY KIT YIN - Delegation to be accompanied by Turkish envoy By BOEY KIT YIN SINGAPORE will be carrying out an aggressive trade drive in Turkey when a top-level trade mission, led by Trade Development Board chairman Alan Yeo, visits the country. A TDB statement said326 words
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Article, Illustration523 1988-06-23 2 MARTIN SOONG - By MARTIN SOONG CREATIVITY can't be isolated from economic development if Singapore is to evolve into a developed nation, according to one of the leaders of the Republic's push into "third wave" knowledge-intensive industries. Economic Development Board general manager Tan Chin Nam says523 words
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415 1988-06-23 2 TONG SUIT CHEE - By TONG SUIT CHEE LATEST DEVELOPMENTS in the global economy are giving Singapore new opportunities to develop the sea-air cargo business, said a Civil Aviation Authority of Singapore (CAAS) official. One development is the depreciation of the US dollar, which has415 words
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Article481 1988-06-23 2 Seminars and WS1 <3 CAHNERS EXPOSITION GROUP Courses HI v-t Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 Jul 1 New Opportunities in Trode and Investment In Indonesia Hilton Hotel Centre for Manogement Technology *****22 Jul 1 SMT Implementation Pavilion InterCentre for *****22 and Control Continental Manogement Technology481 words
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Article74 1988-06-23 2 MOST EXHIBITORS who took part in a recent telecommunications show plan to return (or the 1990 event. Singapore Exhibition Services, the organiser of CommunicAsia/lnfotechAsia 88 which ran from June 8 to 11, said in a statement that several exhibitors had "serious" discussions with regional PTTs (post,74 words
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420 1988-06-23 3 WILLIAM CHIA - By WILLIAM CHIA FOUR US COMPANIES which are primary suppliers of hightechnology raw materials to the electronic and electrical connector business have formed a consortium to operate in Singapore. The Miller Company of Meriden, Connecticut, through its US network of420 words
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162 1988-06-23 3 A CRACK anti-terrorist force from France livened up the third day of an exhibition of security equipment, Milipol-Asia 88. The GIGN, a task force of the French gendarmerie formed in 1974, has played a pivotal role in the release of over 1,000 hostages as162 words
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Article501 1988-06-23 3 ANNA TEO - Centre to help supporting industries upgrade technology By ANNA TEO IN ITS QUEST for zero defects from suppliers and vendors, Sony International Singapore (Sonis) has set up a quality assurance (QA) and training centre, to be open to small and medium-sized enterprises. Together with501 words
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349 1988-06-23 3 ONE of West Germany's largest forwarding companies, Gebr Hellmann, opened an office in Singapore last month in a move to diversify its operations. Hellmann International Forwarders, which started operations last month, offers both air and sea freight to exporters. Regional director Ralf Kern told BT349 words
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173 1988-06-23 3 AN INTERNATIONAL grouping of apparel manufacturers was yesterday urged to uphold the principle of free trade. The call was made by Mr Lee Ying Cheun, deputy chief executive officer of the Trade Development Board, in a speech to members of the International Apparel173 words
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251 1988-06-23 3 A CONFERENCE on how to export services has been lined up in Singapore for top managers next month. Organised by the Singapore Institute of Management, the two-day seminar will be led by Dr Dorothy Riddle, an international expert on services and an authority on251 words
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Article, Illustration77 1988-06-23 3 GENERAL TRY SUTRISNO, Indonesia's Armed Forces Com-mander-in-Chief, flew in yesterday for a three-day visit. General Try. who was received at the airport by MajorGeneral Winston Choo, the Singapore Armed Forces Chief of General Staff, will call on First Deputy Prime Minister Goh Chok Tong today.77 words
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Article, Illustration281 1988-06-23 3 lAN A ROSS has been appointed chairman and managing director of British American Tobacco Company (Singapore) Ltd. Mr Ross takes over from Alexander Stuart, who has taken up another post within the BAT Group outside the region. Mr Ross joined the BAT Group in 1978 and has281 words
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Page 2 Advertisements
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Advertisement193 1988-06-23 2 Tang Court Cantonese Gourmet Restaurant. For a taste of fine Cantonese cuisine.^ At the Tang Court Cantonese IH r> »ii At the Tang Q>urt Cantonese Gourmet Restaurant, you'll get a taste of how gourmets dine.Not to mention the kind of food they indulge in. Because here, every dish comes from193 words
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Advertisement31 1988-06-23 2 Do some men's skins have drinking problems? Yes. Ask Clinique if your skin needs help (skin analysis tells you). S*2 od/^ V/ ?6 v X X CLINIQUE SKIN SUPPLIES FOR MEN31 words
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Page 2 Miscellaneous
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Miscellaneous161 1988-06-23 2 \™?ra M yy/g VW/ Max/ Not* Mln (°C) 16/05 Cloudy 20/10 Cl*ar 30/20 Cloudy 36/29 Cl*or 34/25 Cloor 31/25 Cloudy 28/18 Drizzl* 27/21 Sunny 25/14 Cl*ar 21/12 Cloudy 31/26 Cloudy 20/16 Cloudy 21/11 Fin* 14/07 Cloudy 23/14 Cloudy 17/07 Cloudy 38/26 Cl*or 26/10 Cloudy 12/-1 Fin* 26/19 Roin 40/24 Ckor161 words
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Page 3 Advertisements
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Advertisement139 1988-06-23 3 -<3k -i. (V V /L r At the most attractive rates in town, The Plaza Service Apartments offer you all the comforts of home, plus the luxury of a fine hotel, plus: ideal location along Nicoll Highway near Marina Centre panoramic sea views of the busiest harbour in the world139 words
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Advertisement39 1988-06-23 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day Ultra Sportivo Designed by Ferdinand A Porsche Manufactured by IWC Schaffhausen In titanium, 18 carat gold or titanium with gold Waterresistant to 180 feet large or small PORSCHE DESIGN39 words
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ASIA-PACIFIC
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380 1988-06-23 4 AFP THE European Community (EC) could be isolated by the accord on Japanese imports of beef and oranges signed on Monday, although Australia will benefit, Japanese and European sources said on Tuesday. "It's a very serious problem for the EC in the long term,"AFP - 380 words
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225 1988-06-23 4 AFP AUSTRALIAN and Japanese trade officials are putting the finishing touches on an agreement liberalising the beef trade between the two countries, a government spokesman said here Wednesday. The spokesman for Primary Industry and Energy Minister John Kerin said a ministerial agreementAFP - 225 words
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Article, Illustration382 1988-06-23 4 UPI THAILAND'S Supreme Court yesterday sentenced a former Cabinet minister to four years in prison for insulting the monarchy, court officials said in Bangkok. The sentence against former Deputy Interior Minister Veera Musikapong dealt a major blow to his new political party as campaigningUPI - 382 words
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389 1988-06-23 4 AFP ARIEL SHARON, the hardline former Israeli Defence Minister who masterminded Israel's 1982 invasion of Lebanon, on Tuesday called for the dismissal of his successor Yitzhak Rabin for failing to control the Palestinian uprising in the occupied territories. He told a laywers'AFP - 389 words
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460 1988-06-23 4 AFP THE VIETNAMESE Communist Party Central Committee has expelled a member accused of abusing his power. Vietnamese radio said on Tuesday. Ha Trong Hoa was expelled during a central committee plenum from June 14 to 20, the broadcast quoted a plenum communique as saying. MrAFP - 460 words
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303 1988-06-23 4 Reuter AUSTRALIA will contribute $20 million towards UN aid for the Afghans, Prime Minister Bob Hawke said on Tuesday. Mr Hawke, now visiting the US, told reporters at the UN this was one of the items discussed during a meeting lasting nearly an hourReuter - 303 words
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265 1988-06-23 4 AP AN ARAB financial expert has predicted that oil prices will double by the mid-*****. Speaking in Kuwait on Tuesday, Talal Abu Ghazaleh also said that Kuwait, Saudi Arabia, Bahrain, Qatar, the United Arab Emirates and Oman would experience a strong economicAP - 265 words
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145 1988-06-23 4 Reuter CHINA denied reports that it is to sell advanced missiles to Syria, regarded by Israel as its principal enemy in the Middle East. "There is no truth to the report," a Foreign Ministry spokesman said yesterday. Israeli Foreign Minister Shimon Peres said onReuter - 145 words
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262 1988-06-23 4 Reuter JAPAN hopes for a higher diplomatic profile in the Middle East from this week's visit to the region by Foreign Minister Sosuke Uno, Arab and Western diplomats said. Mr Uno, whose four-nation swing began in Damascus yesterday, will also visitReuter - 262 words
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336 1988-06-23 4 UPI PHILIPPINE President Corazon Aquino has turned down an invitation to pay a state visit to Washington, possibly fearing diplomatic pressure to extend the treaty covering US bases, a Manila newspaper reported yesterday. Presidential Palace officials maintained there was no record of any letterUPI - 336 words
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Article, Illustration219 1988-06-23 4 AFP JAPAN RECENTLY allowed its whaling ships to hunt 273 whales in the Antarctic, violating guidelines laid down by the International Whaling Commission (IWC), Dutch Agriculture Minister Gerrit Braks said in Parliament in the Hague onAFP - 219 words
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Article829 1988-06-23 4 ARRIVALS Operator Service Local From numbor rim* AC AC888 0925 YYZ/LHR/BOM GU GA7204 0925 HtP SU SQ103 0950 KUL CPA CX710 1015 CGK CIA GA975 1055 CDG/AUH GU GA960 1100 CGK SiA SQ105 1105 KUl HA •1421 1130 BWN GU GA7304 1135 SUB SU SQ201 1145 CGK829 words
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Page 4 Advertisements
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Advertisement79 1988-06-23 4 Japanese Restaurant Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16++ per set, they are easy to79 words
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Advertisement60 1988-06-23 4 FI JM \m If llf The business person's choice, every I' I II I II I Tuesday, Thursday, Saturday and I 1 m\ II W Sunday. Leaving Changi Airport at _L WX l JL 22 05 hours and arriving at Lester B. Pearson International Airport the following day Call your60 words
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Page 5 Advertisements
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Advertisement1358 1988-06-23 5 999 9 9 4 999 9 9 #•••< 999 9 9 9 9 9 9 9 9* 999 9 9 4 999 9 9 9 9#9 9 9999 9 9 4 tf• f f 9999 9 9 9 999 9 9 9 9*## •9©9 J 9 9 I 9 i?1,358 words
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REST OF THE WORLD
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331 1988-06-23 6 Reuter THE AMERICAN House of Representatives has voted to approve a bill appropriating U*****.6 billion for defence in fiscal 1989, while a Pentagon official said a current freeze on non-essential spending would be eased, but not eliminated. On Tuesday the House voted 360 toReuter - 331 words
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217 1988-06-23 6 Reuter PRESIDENT Ronald Reagan of the US said on Tuesday that there was no way he or his top aides could have prevented the emerging Defence Department corruption scandal "because you can't be down there watching several million people... every day".Reuter - 217 words
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249 1988-06-23 6 AFP THE UNITED STATES on Tuesday criticised alleged restrictive trade practices by the European Community (EC). Canada and Switzerland. At a meeting of the surveillance body of the General Agreement on Tariffs and Trade (Gatt) in Geneva, US representatives said that CanadaAFP - 249 words
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347 1988-06-23 6 FT BRITISH economic growth slowed slightly in the first quarter of 1988 but there is no evidence that the underlying strength of activity is flagging, the Central Statistical Office said on Tuesday The CSO estimates the average measure of gross domestic product in theFT - 347 words
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344 1988-06-23 6 AFP WESTERN industrial donor countries and Japan last year recorded a 2 per cent decline in their overall official development assistance (OOA) to the world's poorer nations, the Organisation for Economic Cooperation and Development (OECD) announced in Paris on Wednesday The USAFP - 344 words
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310 1988-06-23 6 Reuter BRAZILIAN Finance Minister Mailson Nobrega has said that his country and its commercial bank creditors have concluded negotiations on a massive rescheduling agreement involving US$62 billion of debt. Mr Nobrega called it "the best debt agreement ever negotiated by Brazil or by any otherReuter - 310 words
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Article, Illustration429 1988-06-23 6 AFP DEPOSED HAITIAN President Leslie Manigat said on Tuesday the military ousted him on Sunday because officers opposed his "fight against corruption and contraband" and because of the "mental illness" of coup leader Henri Namphy. Mr Manigat and his family quit Haiti for theAFP - 429 words
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Article66 1988-06-23 6 AFP GREEK Socialist Prime Minister Andreas Papandreou reshuffled his government on Tuesday, bringing in his son George and re-allocating several domestic affairs portfolios. George Papandreou becomes Education Minister and Anastassis Sehiotis, formerly Secretary of State at the Interior Ministry, takes over the Security portfolio. His predecessor AndonisAFP - 66 words
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Page 6 Advertisements
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Advertisement111 1988-06-23 6 Pleasure before business sr.. k Thai's Royal Executive Class While you're on your way to a business trip, we're there to prepare you. And we will go to extremes to serve our business travellers better. With our highly-acclaimed Royal Orchid Service, you can expect the kind of attention that's on-hand,111 words
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Page 6 Miscellaneous
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Miscellaneous36 1988-06-23 6 Doonesbury AMNESTY! THE PRESIDENT PBOAREP AN AMNESTY FOR ALL THOSE CONVICTED OF t/UHITECOUAR CRIMES PURJNG THE COLVUJAR! TMAFREE m BY GARRY TRUDEAU AUUt^TW? AMNESTY* right. S^"^=>v BUT THAVS... THAVSOUT- CAREFUL. RAGEOUSI I'M A ujarhero NOUJ. m36 words
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FOCUS
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Article, Illustration727 1988-06-23 7 AP THE ECONOMIC SUMMIT, slim In dramatic results, still managed to produce an agreement to help the world's poorest countries, a heated discussion on agricultural subsidies and a fond farewell to US President Ronald Reagan. "Success, however hard to come by, mayAP - 727 words
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Article527 1988-06-23 7 AFP IN THE COMMUNIQUE adopted at the Toronto meeting, the Group of Seven "observed a sharp contrast" between the summits of 1970s and the 1980s. The latter has seen the "longest period of economic growth in post-war history" but also the emergence of large externalAFP - 527 words
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492 1988-06-23 7 The Group of Seven economic summit in Toronto ended on Tuesday with a promise to help promote growth in the newly industrialising countries and an agreement to help the world's poorest nations. FOCUS takes a look at the summit results. AP THEAP - 492 words
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346 1988-06-23 7 AP SUMMIT LEADERS on Tuesday singled out the Philippines as deserving of special attention by the world's wealthier countries as it seeks to overcome its economic problems. But the leaders' communique was changed in their last session to include regions of the world where otherAP - 346 words
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Page 7 Advertisements
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Advertisement112 1988-06-23 7 chose his name And the name he chose was Chase, the VISA card that outperforms every other card of its type in Singapore. The Chase Classic VISA card also offers: The highest spending limit up to 2-1/2 times your monthly salary The longest interest-free repayment period of 25 days The112 words
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COMMODITIES
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506 1988-06-23 8 KL urged to grant tax deductions and exemptions Bernama THE MALAYSIAN federal government has been urged to look into the possibility of granting tax deductions and exemptions to the downstream palm oil industry in East Malaysia. In making the appeal, AssistantBernama - 506 words
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121 1988-06-23 8 Bernama-Antara TIN PRICE is expected to rise to between Ms2o and Ms2l a kg in the next few months, the same price level recorded when price of the metal started to tumble at the London Metal Exchange (LME) in October 1985,Bernama-Antara - 121 words
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Article137 1988-06-23 8 Reuter CROP PROSPECTS for spring wheat and small grains grown in the northern plains plummeted after a weekend of scorching temperatures, high winds and no rain, wheat experts in North Dakota and South Dakota said. The spring wheat crop in North Dakota should be down byReuter - 137 words
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Article132 1988-06-23 8 AFP SOUTH AFRICA'S gold mining industry will continue setting record levels of capital spending over the next two years, said Naas Steenkamp, president of the Chamber of Mines, in Johannesburg. He was addressing the chamber, which represents major South African mining groups, at its annual general meetingAFP - 132 words
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Article191 1988-06-23 8 Reuter SUSTAINED demand pushed tin prices on the Kuala Lumpur Tin market another four cents higher to close at M 518.16 a kg yesterday, dealers said. Buying was noted from Europe, Japan and local interests, again boosted by stronger prices on the European spot tin market, they said.Reuter - 191 words
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122 1988-06-23 8 Reuter MALAYSIA will press ahead with plans to promote processing of its main commodities. Trade and Industry Minister Datin Paduka Rafidah Aziz said. "Malaysia no longer wants to be merely the supplier ot raw materials to feed the industries of the developed countries.Reuter - 122 words
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Article116 1988-06-23 8 AFP THE largest diamond and uranium mines in the Windhoek area in South-west Africa remained closed on Tuesday as blacks completed a two-day general strike protesting security force policies. Organizers claimed more than 70 per cent of black workers throughout the territory, commonly known asAFP - 116 words
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Article284 1988-06-23 8 Reuter SMGAPORE Rubber prices closed lower yesterday with July 1 RSS buyers price quoted at 274.50 cents/kilo, down 6.50 cents from Tuesday's close. On the TSR-20 market, prices also closed easier on hedge selling and in line with the lower RSS One market dealers said. July buyers price closedReuter - 284 words
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Article75 1988-06-23 8 JULY 1988 AUGUST 1988 (currant month) (forwoi •d month) RAS NOON •vy«n Satan NOON SSI 30 246.00 *****N 346.00 248.OON SSt 50 244.00 246.00N 344.00 34«£0N MRELB tvyan Satan Satan SMt CV 580.00 583.00N 583.00 584.OON SMt L 595.00 587 OON 587.00 589.00N SMC 3 335.00 33775 words
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Article274 1988-06-23 8 R AS prices In S omMi, fob In bnfc M NOON CLOSE lvy*n Setters Iwyoa Solon Int 1 RSS Prompt 276.00 278.00N 275.00 277.00N h* 1 RSS My 88 275-50 276JON 274JO 275JO bit 1 RSS Awgwtf 276.50 277JO 275JO 276J0 Wt 2 RSS OP 274.50 276JON274 words
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Article137 1988-06-23 8 Reuter SOYBEAN futures closed higher on Tuesday on the Chicago Board of Trade, with contracts for nearby months up the 45 cent per bushel daily limit, aided by strong spreading especially in July/November, traders said. Spot July ended at U5510.46-1/2 per ton, closing for the second consecutive day sinceReuter - 137 words
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Article154 1988-06-23 8 Reuter FUTURES in Chicago Board of Trade soft red winter wheat ended lower on Tuesday, dropping fastest towards the closing bell on late, large professional sales, spreading and harvest hedge pressure, dealers said. Spot July ended down 11-3/4 cents at US$3.B9-1/2, while new crop December closed down 12 centsReuter - 154 words
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Article88 1988-06-23 8 DULL trading conditions prevailed and prices for most products either stagnated or were discussed lower. Closing prices for crude (FOB origin) US$/borr*t Ownga Taph (My) 16.25 undi Mlnoi (My) 16.66 0.06 Dubai (Aug) 13-53 Wan Tasot Wn (Aug)* 16.29 N*w York daw pravtoM day. Products (FOB S'pore)88 words
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Article401 1988-06-23 8 Reuter Reuter MALAYSIAN CRUDE PALM OIL FUTURES yesterday reversed their early trend to close lower on profit-taking and in a technical correction to the recent price surge, dealers said. Prices had initially extended limit gains of the last two days on further speculative buying in sympathy with sharpReuter - 401 words
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Article237 1988-06-23 8 Chinese Produce Exchange Slliri' noon doting prices on Jun« 22 (SS/100 kg) Coconut oil bulk FOB 120.00 Old drum FOB 130 00 New drum FOB 134.00 Copra Mixed (Ioom) 68 Pepper Muntok white FOB NIW 1105.00 Sarawak white FOB foq NIW 1090.00 Sarawak special black FOB NIW 645.00237 words
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Article313 1988-06-23 8 Reuter HONGKONG: Gold closed easier yesterday in quiet trading on light selling by Mid-east and Swiss investors. The metal's weakness mainly reflected the steady tone of the US dollar. There were no other major factors. Bullion ended at U*****.50/90 an ounce against an initial U*****.20/70, compared with NewReuter - 313 words
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Article295 1988-06-23 8 London Commodity Exchange Buyer/Seller dosing prices on June 21 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee talis in-jtore London. tellers option CIF London Jul 1113/1IIS (1123/1127) High/Low 1121/1113 Sep 1129/1130 (1136/1137) High/Low 1134/1126 Sates (2369) Cocoa Jul 879/880 (878/879) High/Low 882/875 Sep 901/902 (900/901) High/Low 903/891295 words
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Page 8 Advertisements
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Advertisement219 1988-06-23 8 Uti COMES WITH A BUTLER A M n >•> j ss ifi 4 OkL The 25 is another name for an exclusive business circle high up on the 25th Floor of the Grand Continental. Stay at our Continental Rooms on Level 25 and enjoy these exclusive facilities. Private Lounge at219 words
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Page 9 Advertisements
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Advertisement272 1988-06-23 9 f f 4 T f 3*~ When the business has made a profit, how does the Corporate Treasurer explain a loss? You know that foreign exchange rates are reversal of your projections or an aborted notoriously fickle. And can turn profit into overseas contract. loss overnight. Yet to hedge fully272 words
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PERSPECTIVE
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Article472 1988-06-23 10 THERE IS TROUBLE in the skies. Much but not all of the threat to the booming global air travel industry today is the lag in investments in infrastructure and other essential supporting facilities to keep up with demand. Travellers' need to fly has soared to such472 words
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Article, Illustration1093 1988-06-23 10 BARNABY FEDER - Joint ventures between the Western companies and Soviet enterprises may be on the rise but there are a number of legal problems which have to be settled if the new businesses are to prosper. BARNABY FEDER reports. BARNABY FEDER NYT THE NUMBER ofNYT - 1,093 words
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Article, Illustration831 1988-06-23 10 E J DIONNE - Is there something about George Bush that makes him especially unappealing to women. Or do women perceive in Michael Dukakis some singular sensitivity towards their concerns? E J DIONNE reports. E J DIONNE NYI IF THE BUSH CAMPAIGN were a Broadway musical, the cast might beNYI - 831 words
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974 1988-06-23 10 SEAH CHIANG NEE - By SEAH CHIANG NEE (Seah Chiang Nee, the former editor of the Singapore Monitor, is now a free-lance journalist. He has been a member of the profession for more than 20 years. Today's column is the first of a new weekly series) IT MAY974 words
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Article, Illustration1866 1988-06-23 11 HARISH MEHTA - This year's edition of the authoritative US document Soviet Military Power: An assessment of the threat, examines the military-industrial complex behind Moscow's Iron Curtain. HARISH MEHTA analyses the report, concluding that the Soviet economy is still skewed towards weapons manufacturing at the expense of1,866 words
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Article, Illustration404 1988-06-23 11 ALTHOUGH it makes substantially higher research and development (R&D) investments than the US, the Soviet Union has not been able to take the technological lead due to severe problems with productivity, says the US department of defence. The US is openly waxing eloquent404 words
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Page 10 Miscellaneous
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Miscellaneous636 1988-06-23 10 CRYPTIC PUZZLE ACROSS 1 One there to be shot at (6) 7 Something more than warm from the hotel tap (8) 8 Airs, perhaps, that a woman may put on (4) 10 Forms new phases? (6) 11 One bent on drawing the long-blow? (6) 14 Kennedy's forename? (3) 16 Is636 words
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Miscellaneous4 1988-06-23 10 BnSkW:FmztfcDictes>s I HOSC I4 words
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Page 11 Miscellaneous
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Miscellaneous1196 1988-06-23 11 to aoe) aaoQQ m 12 7.30 PM Opening and Programme Highlights followed by Lingo. 8.00 inter-School Debates 1988 (Pre-U Level, C) Temasek Junior College v Tampines Junior College. Motion; That the advantages of having foreign maids working in Singapore outweigh the disadvantages. (2nd Quarter Final, C). 9.00 Soccer: European Championships1,196 words
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SPORTS & LEISURE
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Article, Illustration790 1988-06-23 12 BARRY WOOD - From BARRY WOOD STEFFI GRAF sent out the strongest possible warning to Martina Navratilova, embarking on her quest for a record ninth Wimbledon title, by overwhelming Hu Na 6-0, 6-0 in just 46 minutes on the second day of the tournament. The 19-year-old790 words
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Article, Illustration299 1988-06-23 13 AP MARCO VAN BASTEN had showed off his dazzling array of soccer talents all through the game. But he waited with his most lethal one scoring goals until a minute from time to push the Netherlands past West Germany 2-1 inAP - 299 words
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Article, Illustration560 1988-06-23 13 Los Angeles scrapes through by three points AP THE LOS ANGELES LAKERS, led by James Worthy's 36 points, held off the Detroit Pistons 108-105 at home on Tuesday and became the first team in 19 years to repeat as National Basketball Association champions. The Lakers, whoAP - 560 words
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Article, Illustration501 1988-06-23 13 Reuter MIKE TYSON, although the undisputed and undefeated heavyweight champion of the world, has reached only 60 per cent of his potential, according to his trainer. Kevin Rooney also said on Tuesday that the controversy surrounding Tyson's life outside the ring would not affectReuter - 501 words
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Article603 1988-06-23 13 WALTON MORAIS - Jranklif. speaking.... by WALTON MORAIS IN ALL the distracting hype ahead of next week's world heavyweight boxing championship match between Mike Tyson and Michael Spinks, one fact is becoming clouded: that the richest fight in pugilistic history will determine the true heir to the most603 words
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Page 12 Advertisements
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Advertisement268 1988-06-23 12 COURVOISIERXO Willi 14 I U.I UNI The Szechuan Experience with the Meisan Difference r Sa\\Hir the finest Szechuan cuisine: aromatic, spicy gourmet creations in an exciting blend of flavours. And discover <he exqu,M, e a„ JUCTC A M of true £Ifiriv/ill At the Meisan S2ECHUAN DCSTAUKA^r Dbi.nti.wfc Svcfcum h*tmctm*h Meium268 words
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Advertisement214 1988-06-23 12 Fashion show. Fashion show! Fashion show I.'*1.'* n hlht^ H#grife" cwdsofaids? (Pteo^ BARBEQUE 'N' FASHION SHOW a double pleasure, by the POOLSIDE, food served 7pm 10pm showtime 8.15pm. every Thursday and Friday-. Select from a variety of: salads and dressing, vegetables, meat, seafood and desserts. Not forgetting choice of coffee214 words
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Advertisement152 1988-06-23 12 FASHIONABLY HYATT Join the fashion-conscious every Thursday(3.oo 6.(X) pm) in The Lounge. Watch our models parade the latest collectioas while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus.show at $10.50 per person. fHyatt [Agency® Singapore152 words
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Advertisement236 1988-06-23 12 ft 16-30 June 1988 Come savor the exotic flavours of Malaysia, Thailand, Philippines, Brunei, Indonesia, Burma, Singapore and Vietnam. It's a taste extravaganza from our superb starters to our divine desserts. And as the menu changes daily, youll sample something deliciously different on your next visit. Lunch and dinner buffet.236 words
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Advertisement216 1988-06-23 12 Heat 1 Heat 2 Heat 3 Heat 4 Heat 5 Semi-Finals Fri, June 3 1988 Wed, June 8 1988 Fri, June 10 1988 Wed, June 15 1988 Fri, June 17 1988 Fri, June 24 1988 Look out for the Grand Finals to be held at Neptune Theatre Restaurant on Friday216 words
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Page 13 Advertisements
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Advertisement340 1988-06-23 13 &^^|]\%(($<?)%[(:/:%+>]%|":??-< Seafresh Bounty Ahoy! June 17 —25 It's seafood celebration at the Cate-m-the-ParV with our Seafood Buffet Dinner as the prized catch The treasured bounty from the se\«n seas includes delicate morsels of sushi to hearty portions of New England Clam Chowder Savour these tasty, cold dishes with red-hot enthusiasm340 words
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Advertisement290 1988-06-23 13 ONE GOOD REASON TO LUNCH AE THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN (XX'RSES. PAIVI w For between $26++ and $40++ you can select from our appetiser LjKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses. And finish with290 words
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Advertisement41 1988-06-23 13 .4P* I m m XO COURYOISIER COGNAC t)« annfc* de vieilliwement en ftirs de ch*n« om ft* pour <**enir la subulne et la finesse de ce Cognac *00ua of mv (J TV f I6JOO >».>'. v SVAOP9 vOQ 4 XO COURYOISIER COGNAC41 words
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MONEY AND EXCHANGES
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Article403 1988-06-23 14 Reuter EURODOLLAR futures closed higher on short-cov-ering and commercial buying in active afternoon trade on Simex yesterday, dealers said. September closed higher at 92.02 against Chicago's 91.89, December at 91.67 against 91.51 and March at 91.47 against 91.30 on a total turnover of 15,675 lots. Yen and mark futuresReuter - 403 words
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Article215 1988-06-23 14 Reuter MOST IMM currencies closed higher and near daily highs after advancing on light volume on Tuesday. The rise started in the spot market and spread to futures when technical factors and a G-7 communique sparked profit taking on long dollar positions. The dollar failed to breach key resistanceReuter - 215 words
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Article145 1988-06-23 14 Gold futures on June 21 100 troy ounces; USS per troy ounce Opan High Low SaWa Jun 4S2.00 453.50 451.00 451.80 1.10 Jul 452.40 0.90 Aug 455 70 458.00 454.20 455.40 0.90 Oct 461.40 463.50 459.60 460.80 0.90 Ok 467.50 468.90 464.70 466.20 0.90 Fab 89 472.00145 words
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Article196 1988-06-23 14 Asian market Reuter ASIAN dollar deposit rates closed little changed yesterday. Reuter us$ orar WO 7 dayt 1 month 7 7/1 7 3/4 7 3/4 7 5/8 2 mxHta 7 3/4 7 5/8 3 iwmntu 7 13/16 7 11/16 6 month* 7 15/16 7 13/16 9 montfn 8 3/16 8Reuter - 196 words
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Article1642 1988-06-23 14 Reuter Reuter SINGAPORE: The dollar's gains were yesterday sustained on Japanese and overseas buying interest in hectic trading as operators regained confidence about the dollar. The dollar edged up to 128.10/20 yen from New York's 126.40/45 and to 1.7615/20 marks from 1.7550/55. "Unwinding of the yen/mark and yen/swissReuter - 1,642 words
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Article62 1988-06-23 14 THE OVERNIGHT rate on the Singapore money market fell by point to close at 3% per cent yesterday. One month was unchanged; two and three months fell 1/16. S$ Interbank rates at the close yester a 0 *< OffW wo Oom3 3/4 •/a 1 mmidi 4 3 7/t62 words
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Article87 1988-06-23 14 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ*****H 22.09.88 3.79 3.74 3.90 3.75 6 months BY*****T 24.11.88 3.80 3.75 3.81 3.75 1 year BY*****Z 23.3.89 3.80 3.75 3.80 3.80 Government notes and bonds Period Issue Maturity Coupon Yesterday' s87 words
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Article, Illustration179 1988-06-23 14 indicates the average of the prime lending rates of 12 mafcor banks In S'pore Interbank market rates (offer/bid) on June 22 us$ DM SWFC Y«n 7 doyt 7 13/16 11/16 7 3/9 l/l 4-37/1 j 3/4 i/a 4 5/s i/a 1 Mil 7 11/16 9/16 j/« i/a179 words
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Article1541 1988-06-23 14 CURRENCY FUTURES OPTIONS Wadnatday, June 22, 1988 DEUTSCHE MARK (SIMEX) Jul 44 coMs Jal Mpali Mfh Low M High Low Soa 56 1414 132 127 57 204 25 54 10 10 10 S2S 70A S7 5? 3 17SS 160A ISO 60 CAS 265S 260A 270 Aug 44 c* 11,541 words
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Page 14 Advertisements
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Advertisement8 1988-06-23 14 IB EANQUEINDOSUEZ 3 Shenton Way, Shenton Singapore 01068 words
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BANKING AND FINANCE
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411 1988-06-23 15 AFP ABOUT 500 EMPLOYEES of foreign banks rallied in Seoul on Tuesday to support strikers at an Australian bank who alleged that the bank's violations of union rights were a racist insult to Korean pride. About 500 of those who rallied representing workers at 37AFP - 411 words
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101 1988-06-23 15 Bernama SARAWAK on Tuesday signed a US$56 million (M 5145.6 million) loan with the World Bank to help finance the state s power project which is scheduled to be operational by 1991. Chairman of Sarawak Electricity Supply Corporation (Sesco) Datuk Amar Haji Bujang MohamadBernama - 101 words
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Article80 1988-06-23 15 AFP JAPANESE government bond prices fell to the year's lowest level yesterday amid investor concern about a stronger dollar. The Bellwether No 105 issue fell 0.57 yen to 101.10 yen to yield 4.830 per cent, up 0.08 points. In futures trading, the September contract fell 0.79AFP - 80 words
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126 1988-06-23 15 AP A SENIOR OFFICIAL of the Exchange Control Administration has said that China had no plans to devalue its legal tender, the renminbi yuan, against major foreign currencies, the official China Daily said yesterday. Li He, deputy chief of the exchange rate division, citedAP - 126 words
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346 1988-06-23 15 Reuter A CENTRAL BANK official said the Philippines' debt to equity scheme was going well and was linked to a "major economic turnaround", rebutting criticism from foreign investors that it was too restrictive and cautious. Amando Suratos, director of the bank's debtReuter - 346 words
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205 1988-06-23 15 FT MORE THAN 4,100 investment businesses are still operating only under interim authorisation, six weeks after the main investor protector provisions of Britain's Financial Services Act came into effect. The data, revealed in a parliamentary answer on Monday night, were seized on byFT - 205 words
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457 1988-06-23 15 Reuter JAPAN'S institutional investors are quietly boosting their dollar purchases, but they remain wary of making commitments to the US currency because of fears that US inflation may quicken. Tokyo currency market operators discounted talk that recent dollar firmness would lead Japanese investors toReuter - 457 words
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339 1988-06-23 15 FT A POWERFUL American congressional committee is to consider this week the imposition of withholding tax on interest payments to foreign holders of newly-issued US bonds. A 5 per cent withholding tax on interest payments remitted abroad to foreign holdersFT - 339 words
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Article, Illustration435 1988-06-23 15 LEONG WEN WAH - Deal will affect Singapore operations of both companies By LEONG WEN WAH THE CONTROLLING STAKE in NZI Corporation Ltd, one of the largest publicly-listed companies in New Zealand, has been sold to UK-based General Accident Fire and Life Assurance Corporation PLC. The £264 million435 words
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145 1988-06-23 15 AFP THE ASIAN Development Bank (ADB) has approved an agriculture development loan of US$2O million for Fiji, a government minister said in Suva yesterday. Interim Civilian Administration Information Minister Charles Walker said in a statement that the South Pacific island republic had sought US$3OAFP - 145 words
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282 1988-06-23 15 Reuter JAPANESE money dealers still expect a rise in yen interest rates despite Bank of Japan attempts to defuse such speculation. "The bond market majority see higher interest rates from later this month on seasonal factors," said Yuichi Kaneko, assistant general managerReuter - 282 words
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Article, Illustration568 1988-06-23 15 Reuter WILL LUXEMBOURG'S booming banking centre still be booming after 1992? Or is the European Community going to force Luxembourg into giving up all its tax advantages and make the banks pack up and go elsewhere? These are questions being asked by many bankersReuter - 568 words
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663 1988-06-23 15 NYT THE FEDERAL HOME Loan Bank Board announced on Tuesday that the savings and loan industry lost US$3.7B billion in the first quarter of the year, prompting members of the US Congress to call for a re-ex-amination of theNYT - 663 words
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Page 15 Advertisements
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Advertisement62 1988-06-23 15 GRAND CARPET AUCTION I dnuiihl Shukoi Sunday. June 26. 1988 Grand Ballroom Hilton International, Singapore Viewing 10am- lpm Auction Sale: 2pm 5.30pm All lots are guaranteed and baoied by a full trade-in value at our >nowroofn. a \mp*c pirkmq fac ilitics at rear at Milton via Anguka iUHA cat park'62 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration4852 1988-06-23 16 THE Singapore stock market rebounded across the board yesterday on moderate volume after Tuesday s downturn with increasing interest centred on Malaysian and plantation stocks. Investors out to pick bargains after Tuesday's sharp correction propelled prices higher in the morning. But the fall in4,852 words
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Page 16 Advertisements
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Advertisement13 1988-06-23 16 Unit Trusts tobts, PAGE 17; Business dons on ths BEB, PAGES 19, 1913 words
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COMPANY NEWS
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Article, Illustration484 1988-06-23 17 Reuter FOREIGN INVESTORS, who abandoned Malaysia's share market in droves during last year's world stock market crash, are being lured back by soaring commodity prices. "Every time there is a rubber boom, there is a market boom. The last real boom was inReuter - 484 words
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Article378 1988-06-23 17 MBT INDUSTRIAL OXYGEN Inc is expanding its plantation holdings by its purchase of Swee Lam Estates (Malaya) from Pegi Malaysia for M 540.56 million. 101 is to buy Swee Lam's entire capital of 15.91 million shares of Msl each which are to beMBT - 378 words
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170 1988-06-23 17 HONG FOK Corp does not intend to withdraw the listing of its shares from the Stock Exchange of Hongkong, the company said in reply to a query. An article in the Sing Tao Wan Pao, a Chinese newspaper in Hongkong, had said170 words
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Article285 1988-06-23 17 Managers' prices Japon Gr Fund 1 58 1 63 for June 23 Shenton Thrift Fund 0 845 0 845 Singapore Unit Trust UOB Management Unifund 0915 0915 The Commerce 1 00 1 07Unibond 101 1 035 The Savings Fund 087 093 S'pore Prog Fund S'por© S«c Fund 0285 words
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195 1988-06-23 17 MBT SRI HARTAMAS has slipped into the red with a staggering af-ter-tax loss of M 5104.3 million for the 16 months ended Dec 31. 1967 against a profit of M 53.90 million for the whole of 1986. Although the company achieved a profit ofMBT - 195 words
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Article75 1988-06-23 17 SUNGEI BESI Mines (M) Bhd turned in an after-tax profit of M 52.03 million for the year ended March 31 compared with a loss of M 51.84 million previously. Based on a paid-up capital of 3.41 million shares, the earnings per share is 6075 words
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436 1988-06-23 17 CORRINA LIM - SURGE COMES ONE DAY AFTER CLOSING OF TAKEOVER OFFER By CORRINA LIM HOTEL MARCO POLO (HMP) stock price rose significantly above its offer price of $1.20 yesterday. just one day after the takeover offer by Hongkong shipper Sir Y K Pao closed.436 words
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452 1988-06-23 17 LISA LEE - By LISA LEE PROPERTY-and-construction-based IGB Corp Bhd (IGB) has projected a substantial rise in its profits for the year ending Dec 31. 1986. It expects pre-tax consolidated profits for the current year to increase by about 60 per cent to some Ms2B million452 words
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Page 17 Advertisements
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Advertisement1463 1988-06-23 17 FAR EAST FINANCE ORGANIZATION LIMITED AND ITS SUBSIDIARY COMPANY (lncorpriM ia the Repahlic of Singapore) a t BALANCE SHEET AS AT 31ST DECEMBER 1987 Tha Company SHAKE CAPITAL CAPITAL KSEKVE Surplus on disposol of fued ossets STATUTOKV IfStIVE UNAPPtOPtIATED PKOfIT SHAKE CAPITAL AND KESEPVES lONG TEKM UABIIITIES Deposits due ofter1,463 words
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REGIONAL MARKETS
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4146 1988-06-23 18 CHEERED by better performance on overseas markets, share prices on the Kuala Lumpur stock market rebounded yesterday to finish higher across the board in active trading. With crude palm oil prices breaching the M$1,200 a tonne level on Tuesday, strong interest was showered on4,146 words
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Article4916 1988-06-23 18 BID 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".4,916 words
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Article1470 1988-06-23 18 Hongkong PRICES on the Hongkong market closed higher yesterday but late profit-tak-ing pared gains. The market defied Tuesday's decline and started the day sharply higher, inspired by gains on New York and Tokyo markets The Hang Seng Index rose 20.09 points to 2,703.74 and the Hong Kong1,470 words
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Article133 1988-06-23 18 JUNE 22 WON *h Cheil Sugar Daelim ind Daewoo Corp Daewoo Heavy Darshm Securities Dong Ah Ptiar Dong Suh Slock Oongbu Steel Gold Star Hanil Bank Hanil Cement Hankuk Glass Hanyang Chemical Hyundai Const Hyundai Motor ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****133 words
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Article531 1988-06-23 18 Reuter SHARE prices on the Tokyo market fell on prof-it-taking in moderately active trade yesterday, after rising sharply in the morning session due to Wall Street's rally on Tuesday and news of a smaller-than-expected May increase in the US consumer price index. The Nikkei Index fell 64.79 points, orReuter - 531 words
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Article469 1988-06-23 18 Reuter A LATE scramble for resource stocks helped push the Australian share market to a higher close in all sectors yesterday. But brokers said prof-it-taking kept the market off its early highs. "It came off the boil a little bit," one said, adding most of the buying had beenReuter - 469 words
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Article170 1988-06-23 18 Reuter THE SECURITIES Exchange of Thailand Index edged up 0.94 to 457.10 yesterday on a turnover of 9.926,941 shares worth 642.08 million baht. Re- JUME 22 BAHT Ao Kham Thai 386 2 Ayudhya Investment 440 -6 Bangkok Agro-lnd 139 1 Bangkok Bank 325 -2 Bank CM Ayudhya 356 unchReuter - 170 words
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Article273 1988-06-23 18 JUNE 22 NT S All Sincere Indus 7 10 unch Asia Cement 92 SO -2.5 Cathay Cons 112 00 unch Chang Hwa Bank 535 00 2 Cheng loong 52 50 -0 5 Chia Hsin Cement Chin Hsin Flour China Chem China Oev China Elect Wire China Gult Plas China273 words
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Article83 1988-06-23 18 JUNE 22 PESOS Acoie Mining Anglo Phil 0 01 un 5* Apex Mining B 0 046 0 002 Alias Con B 25 1 Baguio Gold Basic Petroleum 0 025 0 001 Benguet Con B 96 3 First Phil Hldgs 10 25 *0H Lepanto B 0 46 +0 02 Marcopper83 words
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Page 18 Advertisements
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Advertisement278 1988-06-23 18 NOTICES HIAP SENG TIMBER COMPANY PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING (Pursuant to Section 308(1)) NOTICE IS HEREBY GIVEN In pursuance to Section 308(1) of the Companies Act, Cap. 50 that a general meeting of the above named company and of Its creditors will be278 words
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Advertisement323 1988-06-23 18 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF MIRABILIA PTE LTD (Incorporated In the Republic of Singapore) (In Liquidation) (Members' Voluntary Winding-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101-A Upper Cross Street #11-14 People's Park Centre,323 words
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Advertisement299 1988-06-23 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF PERAK JAYA TRADING (S) PTE. LIMITED. MEMBERS' VOLUNTARY WINDING-UP At an Extra-Ordinary General Meeting of the Members of PERAK JAYA TRADING (S) PTE. LIMITED. held at 5001 Beach Road #06-52 Golden Mile Complex, Singapore 0719 on299 words
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WORLD MARKETS
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Article920 1988-06-23 19 New York Reuter WALL STREET stocks closed higher in moderate trading on Tuesday, boosted in the afternoon by futures-related program trading. Professional traders dominated activity; institutional investors were notably absent, traders and market analysts said. "Institutions are staying away from the market and it is beingReuter - 920 words
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Article1046 1988-06-23 19 London Reuter A 25-POINT rise on Wall Street overnight gave London market makers the incentive needed yesterday to follow through on Tuesday's gains in London and shares opened with the FTSE 100 Index up 5.2 points to 1,865.3. At about 0900 GMT, share prices tended to driftReuter - 1,046 words
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Article1152 1988-06-23 19 Selected indices HONGKONG Hongkong Index Wednesday 1.***** Tuesday 1,777.03 Week ago 1.786 92 Hang Song Index Wednesday 2,***** Tuesday 2.***** Week ago 2.699 58 All Industrials Wednesday 2.5393 Tuesday 2.5316 Week ogo 2.507 4 NEW YORK Dow Jones Tuesday 2.***** Monday 2.***** Week ogo 2.124 47 TOKYO Nikkei Avorago Wednesday1,152 words
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95 1988-06-23 19 Reuter A POLL of fund managers in UK has revealed complaints about declining standards of British investment research since last October's stock market crash. Extel Financial Ltd consulting editor Geoffrey Osmint told a news conference that many of the respondents to this year'sReuter - 95 words
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Article269 1988-06-23 19 NYT SHARES of Texaco Inc rose U551,625 on Tuesday to close at US$4B 50 amid rumours that the company's management was planning a bigger restructuring or a bigger stock-buyback programme than it had previously announced. Texaco's stock was the most active on the New York StockNYT - 269 words
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322 1988-06-23 19 More cash being withdrawn FT UK UNIT trusts saw more cash withdrawn last month than they received from investors for the first time since November. The £9.5 million net disinvestment underlines the continuing depression of the unit trust business in theFT - 322 words
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Article, Illustration253 1988-06-23 19 IHT THE TWO investor groups that have been locked in a tug-of-war for the past five months over Societe Generate de Belgique announced a surprise truce on Tuesday at the company's annual meeting. Though no details were released pending an announcement onIHT - 253 words
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Page 19 Advertisements
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Advertisement302 1988-06-23 19 SOUTH EAST ASIA DEVELOPMENT CORPORATION BERHAD (Incorporated In Malaysia) Notice of Annual General Meeting NOTICE IS HEREpY GIVEN that the Twenty-fifth Annual General Meeting of SOUTH EAST ASIA DEVELOPMENT CORPORATION BERHAD will be held at the Registered Office of the Company, 9th Floor, Bangunan Hong Leong, 117 Jalan Bandar, *****302 words
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Article, Illustration742 1988-06-23 20 LEE HAN SHIH,ELAINE KOH - Coopers Lybrand appointed receivers By LEE HAN SHIH,ELAINE KOH DEVELOPER TEO LAY SWEE has finally lost the fight to keep his Cockpit Hotel out of the reach of creditors. On Tuesday, the hotel he bought from Hongkong jeweller Kevin Hsu in 1983742 words
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353 1988-06-23 20 AP PHILIPPINE Vice-President Salvador Laurel yesterday asked President Corazon Aquino to convene the National Security Council to formulate an official stand on the future of US military bases in the Philippines. "We should close ranks on this issue because the stakes involved are crucialAP - 353 words
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Article85 1988-06-23 20 AFP THE PHILIPPINE government plans to invest 309.1 billion pesos (US$l4.7 billion) in transport, energy and other public projects between 1968 and 1992, the Presidential Palace said yesterday. The four-year programme compares with US$B3B million in public investment in 1987, or 2.49 per cent of grossAFP - 85 words
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251 1988-06-23 20 AP VIETNAM'S ruling Communist Party has decided to regularly change its once-entrenched leadership in order to halt a slide in administrative efficiency and ideological rectitude. According to a party communique seen yesterday, the party Central Committee's fifth plenum decided that from now on, when partyAP - 251 words
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178 1988-06-23 20 SINGAPORE is investigating allegations that hundreds of drums of toxic waste dumped in Bangkok's Klong Toey port had come from its shores. Embassy officials in Bangkok yesterday visited the Port Authority of Thailand (PAT) and left with details of the senders from Singapore. Thai178 words
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283 1988-06-23 20 AP BRITAIN'S commercial banks, heading a signal from the Bank of England, raised their base lending rate yesterday by half a percentage point to 9 per cent. It was the third increase in the benchmark rate in less than three weeksAP - 283 words
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294 1988-06-23 20 AFP SOCIALISM brought China and its people 20 years of great suffering. Chinese leader Deng Xiaoping said yesterday during a meeting with Ethiopian President Haile Mariam Mengistu. "China and the Chinese people suffered immensely during the 10 years" of theAFP - 294 words
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135 1988-06-23 20 Reuter CHINA will not allow Tibet independence "in any form", a Chinese diplomat said in the first official Chinese reaction to new proposals made by the exiled Dalai Lama last week, the New China News Agency reported. A Chinese diplomat in Geneva told aReuter - 135 words
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Article98 1988-06-23 20 Reuter COMEX SILVER FUTURES yesterday trimmed losses on odd-lot buying by dealers after dropping on early liquidation spurred by a strong dollar. Talk of a correction in CBT grains also hurt sentiment, analysts said. July silver fell 19.5 cents to a Key support of US$7 an ounce beforeReuter - 98 words
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Article214 1988-06-23 20 UPI AP WHILE LEADERS at the Toronto economic summit hailed greater freedom and openness in the Soviet Union, host Prime Minister Brian Mulroney disclosed on Tuesday that Canada expelled a group of alleged Soviet spies last week. Canadian officials said 17 Soviet diplomats and tradeUPI; AP - 214 words
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COMPANY BRIEFS
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Article49 1988-06-23 20 SUPRA PTE LTD is now a wholly-owned subsidiary of Prima Ltd following the acquisition of the remaining 10 per cent or 500,000 ordinary shares from Setia Re Ltd for a cash consideration of $554,594.87. Prima now holds five million ordinary Supra shares at $1 par value.49 words
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Article47 1988-06-23 20 INDUSTRIAL Commercial Bank Ltd's shareholders approved the sale of the entire share capital of the Industrial Commercial Finance Ltd eight million ordinary shares of $1 par value to United Overseas Finance Ltd for a cash consideration of $17.28 million at its EOGM yesterday.47 words
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Article56 1988-06-23 20 DUNLOP ESTATES BHD announced that the register of loan stock holders would be closed from Aug 27 to Aug 31, 1968. for the purpose of determining the loan stock holder's entitlement to the interest for the period Jan 1 to Aug 31, 1988. The last day for lodging56 words
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Article34 1988-06-23 20 UNITED INDUSTRIAL Corp Ltd said that it would make an appropriate announcement as soon as agreement has been concluded regarding its interest in the Tang Dynasty Village development project.34 words
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Article122 1988-06-23 20 AT AN EOGM yesterday. United Overseas Finance Ltd's shareholders approved the following: e the increase of UOF's authorised share capital from $50 million to $100 million by the creation of $50 million new ordinary shares of $1 par value; e the issue and offer of 29,198.474122 words
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329 1988-06-23 20 Bernama MALAYSIA'S first finance minister, Tun Sir Henry H S Lee, died in Kuala Lumpur early yesterday morning of heart failure. He waa 87. Tun Lee's three older sons are Datuk Douglas K K Lee who is deputy executive chairman of DBernama - 329 words
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LATE FILE
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Article45 1988-06-23 20 Bernama THE JOHOR Bar Committee yesterday urged the Malaysian Bar Council to stick to its decision to set up a fund to help suspended Lord President Tun Mohamed Salleh Abas, who is to face five charges before a six-member tribunal. BernamaBernama - 45 words
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Article44 1988-06-23 20 Reuter FRENCH President Francoia Mitterrand yeeterday formally accepted the resignation of Prime Minister Michel Rocard's Socialist government. Mr Rocard tendered his reeignation on June 14 immediately after the inconclusive general election, but was asked to stay in a caretaker capacity. ReuterReuter - 44 words
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Article54 1988-06-23 20 AFP EUROPEAN COMMUNITY ministers, in a major step towards the creation of a single EC market, yeaterday agreed in Luxembourg to allow mutual recognition of degrees and professional diplomas throughout the EC. The move is a vital one for professionals who wish to work in theAFP - 54 words
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Article66 1988-06-23 20 Reuter BRITISH Trade Secretary Lord Young called on British firms yesterday to expand their trade with Hongkong, saying it had become an important market for Britain. He said trade with HK had grown steadily over the past few years with British exports to HKReuter - 66 words
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Article50 1988-06-23 20 Reuter THE UNION Carbide plant at Bhopal has leaked more than a tonne of a potentially hazardous chemical over the last two days, managers said yesterday. More than 2,500 people were killed in 1964 in a gas leak from the plant in Central India. ReuterReuter - 50 words
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Article56 1988-06-23 20 AP HYUNDAI Motor Co, South Korea's largest motorcar maker, remained closed yesterday as management rejected a new union demand for payment of lost wages during the strike. Hyundai's union leaders called off a 24-day strike on Monday, prompting the company to announce its car plant inAP - 56 words
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43 1988-06-23 20 AFP CHINA'S Tianjin province has formed a joint venture with British real estate group Mountleigh for the construction of a Chinese commercial and tourist centre in the London Docklands, the British group announced in London yesterday. AFPAFP - 43 words
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Page 20 Advertisements
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Advertisement15 1988-06-23 20 Cllri ristian D ior mm* *7 *i i fl i H 4 I cWatcdcs of(SwitzerlanJj15 words
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Advertisement8 1988-06-23 20 Aquino d«clin«d US trip, say* paptr, PAGE 48 words
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Advertisement18 1988-06-23 20 Are vou a born manager? So's Clinique's Hair Gel. v A 7Ko, 4 CLINIQUE SKIN SUPPLIES FOR MEN18 words
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SHIPPING TIMES
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Article, Illustration379 1988-06-23 21 JUNE LIM - By JUNE LIM THE MARSHALL Islands of Micronesia has joined the growing rank of open registers. The new register, which recently acceded to the International Maritime Organisation shipping conventions, is ready to accept its first ship. Though the regulations have not379 words
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305 1988-06-23 21 LINDA CHEE - By LINDA CHEE A FUNDAMENTAL restructuring is taking place in the international forwarding industry. In a case of the big becoming bigger, companies are becoming more and more polarised in size as evidenced by the number of mergers and acquisitions all over the world.305 words
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284 1988-06-23 21 THE CHARTERED Institute of Transport plans to introduce into its examination syllabus the implications of the enormous demand for tourist and leisure travel. Mr John Cameron, di-rector-general and secretary of the CIT, said the move will be made "very soon"284 words
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PORTSIDES
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Article54 1988-06-23 21 Reuter CONSOLIDATED Freightways Inc said its CF AirFreight subsidiary opened an office at Geneva International Airport in Switzerland to expedite customs clearance for its customers. The freight forwarder said its new office will help its customers receive customs clearance at the location in 15 minutes ratherReuter - 54 words
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Article163 1988-06-23 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 Nedlloyd163 words
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Article154 1988-06-23 22 Reuter INDIAN PORT and dock workers called off a planned national strike due to start on Tuesday after the government conceded their demands for higher bonuses, union leaders said. All India Port and Dock Workers' Federation president S R Kulkarni said more than 300,000 workersReuter - 154 words
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422 1988-06-23 22 AP TAXPAYERS in the US are bankrolling the world's newest ship registry, a Marshall Islands flag-of-convenience operation whose vessels may be entitled to worldwide protection by the US government. The registry, which competes with the lucrative operations run by countries such as Liberia and Panama,AP - 422 words
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536 1988-06-23 22 SIDHARTH BHATIA - From SIDHARTH BHATIA South Syndication Service MANY SHIPPING companies in India are foundering or have sunk, but the Bombay-based Great Eastern Shipping remains a model of stability and is preparing for a big expansion. Great Eastern is the largest private shipping company in India, secondSouth Syndication Service - 536 words
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Article786 1988-06-23 22 ABShpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrans VII 3 American Tpt II 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl I 1/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Asian Ocean VI 1786 words
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Article63 1988-06-23 22 Seatrade Week MAGSAYSAY Lines has made one of the most significant investments in recent years with the purchase of state-owned National Marine Corp for 168 million pesos (US$B.44 million) at a government-held auction. A company official described the acquisition as part of the Maglines expansion programme, addingSeatrade Week - 63 words
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514 1988-06-23 23 Reuter JAPANESE liner operators are invading the US domestic transport market in a bid to win a greater share of the highly competitive trans-Pacif-ic market, shipping industry sources said. The tactic was symbolised most recently by the acquisition on Monday of a major USReuter - 514 words
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Article265 1988-06-23 23 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 Normal265 words
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Article82 1988-06-23 23 Reuter ORIENT OVERSEAS (Holdings) Ltd said it agreed to sell its insurance and offshore drilling units to China Merchants Investments (Hongkong) Ltd for HK5429.4 million. The locally listed shipping group said in a statement the sale was at a discount to the audited net assetReuter - 82 words
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Article, Illustration94 1988-06-23 23 MARINE consultants and surveyors, Bestari Marine Sdn Bhd. has established a branch office in Pasir Gudang under the management of Soh Siong Huat Mr Soh has more than 12 years experience in marine surveying. Bestari Marine, a member of the Boustead Group, was set up a year94 words
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239 1988-06-23 23 EXXON Corporation, which during the mid1980s slump accumulated more than 5 million tonnes deadweight of tankers in its laid-up pool, is on the brink of achieving an all-trading fleet again. Ship sales and an improved economic climate have cut the number of Exxon239 words
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8704 1988-06-23 28 AARHU6 Arthur Mae's* Meersk Line June 23 Ever Govern Evergreen June 24 Meterem Oiesegetr June 26/30 B Permai ScanOulchT June 27 Ming Prosperity Yang Ming June 27 Ville de Plulon CM D Atrettement June 27 Ever Garden Evergreen June 26 Expreee Triot8,704 words
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Article140 1988-06-23 28 Area/Port Viscosity Density Water CST at 50C G/ML at 15C Volume o/o Africa/Red Sea Jeddoh 82/181 0.943/0.981 0.1/2.0 Durban 88/172 0.990/0.991 0.0/0.5 Arabian Gulf Ras Tanura 169/202 0.951/0.977 0.1/0.2 Bahrain 179/191 0.973/0.978 0.0/0.2 Europe Rotterdam 51/496 0.956/1.009 0.0/1.6 Hamburg 31/386 0.931/0.987 0.0/0.8 Le Havre 17/415 0.917/0.989140 words
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Article1465 1988-06-23 29 AT CONVENTIONAL WHARVES SeioMe'o Eme'o'd Stor J2 3 olongside jll 2306 0800 2306 2300 25 06 0800 1 Vessel Fong lee No 7 J3 2306 0800 24 06 2300 Berth Arrival Dapartura MJP 1 O 23 06 0730 24 06 2359 So*. Akeish, iS 23 06 12301,465 words
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Article1028 1988-06-23 30 SLUGGISH conditions prevailed on the London shipping freights market on Tuesday. No fresh grain fixing was reported from the major US Gulf and North Pacific outlets, but two Great Lakes orders were filled for Portugal. Cargill paid US$2O (fio) for the Protector to work 16,500 tons of grain1,028 words
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Page 21 Advertisements
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Advertisement669 1988-06-23 21 TIMES STP Distributors Ttm+s Pubfmhmg Group OOCL Orient Overseas Co*Li*t* Line WW «tents JARDINE SHIPPING AGENCIES (Reg No *****4/ 00K) 200 Cantonment Road #12 05 South point. Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL/CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SON BHD (PORT669 words
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Advertisement70 1988-06-23 21 Conflict-of-interest issue raised in setup of registry, Page II raps TAXPAYERS in the US are bankrolling the world's newest ship registry, a Marshall Islands flag-of-convenience operation whose vessels may be entitled to worldwide protection by the US government. Page II JAPANESE liner operators are invading the US domestic transport market70 words
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Advertisement635 1988-06-23 21 THE SPECIALIST IN: Wire Rope Slings Lashing Materials T6 2 TESTISC jf FACILITIES If AVAILABLE V WTKBMAMNE SUPPLY CO. (PTE) LTD. TIL 285*33 UNES) TLX MCCO RS MSM FAX: 384C7 MAERSK LINE THE SHORTEST DISTANCE BETWEEN WEST GERMANY AND STRAITS IS MAERSK LINE Th« w—k ANNA M 8808 Closing Tun*635 words
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Page 22 Advertisements
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Advertisement591 1988-06-23 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HAMBURG EXPRESS LA SEINE BENALDER BENAVON OSAKA BAY KAGA P KELANG SOUTHAMPTON 30/6 HAMBURG BREMERHAVEN ROTTEROAM/ ANTWERP ALSO ACCEPT IN6 CARGO TO: AIL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHA6EN, AARHUS, GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM, CARIBBEAN I S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY591 words
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Advertisement17 1988-06-23 22 Lmes and services represented by Members of the Registry of Accredited shipping Agents, Singapore National Shipping Association.17 words
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Advertisement466 1988-06-23 22 LLOTIffi 1.1 Enquiries call: Changi International Distribution Services Pt«. Ltd. Tel No: *****53 (6 lines) AMERICAN TRANSPORT LINES, INC. U.S. EAST COAST, CENTRAL/SOUTH AMERICA, CARIBBEAN/MEXICO ILi.ywiEjnTanirTai'' •>' "i AmTrans. IJLJLJLJ IL'JUZIZII IC« CUE! EE IT FEEDER VESSEL SAVA,,HAM MLTIMORE. MAW. TAMPA. OTHER U.S. EAST COAST PORTS ON REQUEST ALSO ACCEPTING466 words
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Page 23 Advertisements
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Advertisement867 1988-06-23 23 5m The Straits Steamship Group r^ r Mansfield Container Shipping Pte Ltd P&O Containers CONTAIfCRSWP SERVICE TO UK/CONTINENT: HAMMJRC amss MtlAI Of It KURAMA MAIU KMMM OSAKA MY mm nom ants Mao Accepting Cargo For: U t, t k,„ HHVg W nJi iIM. iWW, Mai*a I* <■»—p. HmMhi. Oil*, lux867 words
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Advertisement664 1988-06-23 23 SGS I NSPECTION MARINE SURVEYS (IN 140 COUNTRIES WORLDWIDE) SGS SINGAPORE (PTE) LTD 71, AYER RAJAH CRESCENT #07-18 AYER RAJAH INDUSTRIAL ESTATE SINGAPORE 0513 TEL *****50 (MARINE DEPT./INDUSTRIAL DIVISION) TLX; SGS RS ***** FAX; (65) *****27 EUROPE <& SENATOR LINIE General Agent: USA/PANAMA rzm rm Tl/FMM Iff. LAI ML ML664 words
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Page 24 Advertisements
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Advertisement426 1988-06-23 24 HXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore m Loading for:BANDAR ABBAS JAPAN/KOREA SERVICE Singapore Loading forJAPAN. KOREA k"l KYOWA LINE PNC/S. PACIFIC SERVICE Singapore Loading for: A VESSEL 15/7 LAE, PNB, RBL, HRA MICRONESIA SERVICE OCEANIA EXPRESS V-16 28/6 YOKO ASIAN LILY V-42 29/6426 words
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Advertisement844 1988-06-23 24 JtC&LINE tmrtrnt tw'Mi r/e» FULLY CONT A INERISEDS EBVICE TO EUROPE VIA SUEZ A Member of the Ace Consortrim f DR/MOTHER VESSEL NON 75C/KOREAN WON IS SUN TIE NOM 7SE/HANJIN BUSAN HE NCY «E/KOREAN WON IS SUN TIE NCV 4SC/HANJIN BUSAN UE CCN miKOREAN WON IS ONE RK CCN ASE/HANJIN844 words
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Advertisement230 1988-06-23 24 1 PORT KELANG PENANG BANGKOK HONG KONG JAKARTA MANILA TOKYO/YOKOHAMA KEEIUNG/KAOHSIUNG SUSAN 9/7 27/6 29/6 9/7 27/6 30/6 27/6 30/6 NEW CALEDONIA A FUI ISLANDS NOUMEA, SUVA/LAUTOKA 10/7 PAPUA NEW GUINEA PORT MORESBY, RABUAL, LAE MAOANG 26/6 10/7 SRI LANKA COLOMBO 26/6 7/7 U.S.A. LONG BEACH, NEW YORK, LOS ANGELES230 words
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Advertisement1025 1988-06-23 24 w 'cad EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GIVEN 2M 21ft 3M 2/7 *7 *7 12/7 EVE* GROWTH 2/7 V 7 7/7 *7 U/7 14/7 17/7 EVER GRAND 1/7 I*7 IV7 U/7 I*7 22/7 M/ 7 EVER GLEAMY 23/7 21/7 27/7 21/7 1* VI 7/1 EVER GENERA!1,025 words
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Page 25 Advertisements
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Advertisement780 1988-06-23 25 PACIFIC INTERNATIONAL LINES *V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE HTC HITACHI MOO NAOOVA. MO PASIR GUOANG ACCEPTING MOM OK AN CARGO VIA HKQ JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE I SIN In PI VOY SIN PEN BLW PKL 23/S SM In780 words
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Advertisement301 1988-06-23 25 irm BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE HKC NOUMEA SUVA AKL NAP TIM 23/6 ANANGEL lIAOER 9S 5/7 2lt 6/8 9/8 12/8 10P ACRITAS 2S 20/7 18/8 22/1 24/1 26/8 20/7 ARISTOTELIS 3S S/S 2/9 7/9 10/9 12/9301 words
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Advertisement440 1988-06-23 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY SPORE BILBAO ANTWERP H'BURG/ ROAM/ADAM BREMEN S. PANJANG/19WB 10-12/7 1/8 11/1 'A' VESSEL 26-21/7 27/ I 30 8 KUTAI/15WB 116-11/1 I- 19/9 S/9 Subjscl440 words
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Advertisement417 1988-06-23 25 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR LUjU 111 CLYDEBANK V23N TAMAITAI SAMOA VI3N FORTH BANK V22N SPORE ROAM NULL 29/S 24/7 IB W Uft 22fl 3B 2* HENRIETTE SCHULTE VlSSport 2M BEECO ASIA V4S Spore 10/7 (PNC ports: PORT MORESBY/RABAUL/LAE/MAOANC) T/S: ALOTAU, OROBAY, WEWAK, KAVIENG, KIETA, KMBE (PKL A«( M417 words
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Page 26 Advertisements
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Advertisement695 1988-06-23 26 "Klin* 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 *INDO FEEDER VESSEL RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH N. AMERICA PACIFIC SOUTH-WEST VOY *INDO695 words
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Advertisement340 1988-06-23 26 Accepting LCL and South Africa NEDLLOYD BANGKOK I NEDLLOYD COLOMBO OSAKA MARU 57«F CANOPUS 0501F HAYAKAWA MARU 543K VIRGO 0301G VAAL 5536 C S>ere I OwfcM PEto CTa UfJ up V *P m ur P.EJix C.TMM MM 13/6 14* nn 5/6 7/6 14/6 2S/6 26/6 29/6 JARDINE SHIPPING AGENCIES (REG.340 words
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Advertisement594 1988-06-23 26 'M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* ORIENT SUCCESS VlO INDIAN COURIER V JIN V NANDINI V.S2H TIGER lAY V.M VISUVA PARINAL V 2*H ORIENT SUCCESS VllB FREMO SIRIUS V.C-1 INDIAN COURIER V.fiN TIGER RAT V 38N ORIENT SUCCESS V.lll S O MANIPUR VJBH TIGER RAT V.4BN INDIAN COURIER594 words
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Advertisement669 1988-06-23 26 GOLDEN LINE GUAM GUAN SHIPPING (PTE) LTD 23. Trio* Aytr Straat SINGAPORE 01M TEL U4IM (10 LINES) Fax SJ43SO4 P Ktitnf Pan In PI 2*l STRAITS/PERSIAN GULF SERVICE: S port P KWn| Panam GOLDEN WONDER KarKhi/Dubai/Dammam 1/9 July COLOCN HAVEN Cotomboi Karachi/Dubai 21/29 July CHINA SERVICE Ml VUN SNAN Shanfttii669 words
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Advertisement472 1988-06-23 26 PHI LI Oni€NT LIN €5 PT€ LTD HtAO OFFICE 63 ROIIMSOM ROAD «07 1? AFRO ASIA BUILDING SINGAPORE 0106 ULfX RS ?8770 PHIII fAX 7?***** VESSEL ETA SINGAPORE DESTINATION DUBAI DAMMAN. KUWAIT. BOMBAY. DONA. MUSCAT. BAHRAIN. AW DHAII t SHARJAH H.KONG. KOBE. TOKYO. KEELUNG KAONSIUNG, MANILA. BANGKOK. BUSAN JAKARTA COLOMBO.472 words
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Page 27 Advertisements
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Advertisement797 1988-06-23 27 —r 7 M mm S%rt NEPTUNE AGENCIES PTE. LTD. FE V\ H Q«r>«ral Enquiries: T«l: 27M977 No Terminal CFS 800kinos H *****27 *****53 HH PNiiant NEPLINE SDN BHD. J***** NEPTUNE ORIENT LINES LTD r BBS3:SUE: j Bihru NEPLINE SDN BHD 23MM023W1 FE EU/AUST TP A/SEA *****53 27*5742 *****H 27*011* *****11797 words
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Advertisement494 1988-06-23 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE TO KELANG, PENANG. KEELUNG, BUSAN, INCHON SHSSEBHSHEHBH WEF JUNE: 1) BUSAN SINGAPORE 2) 10 DAYS SERVICE It SINGAPORE/ KEELUNG SERVICE!! Vmml i Nam* ETD BS S PORt PKELANC No Donam/lOSN In Port# 25 2M* No I Oonam/lOSN 1«0I »-01/07 18-03/07 •OorU/WN494 words
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Advertisement740 1988-06-23 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 HAI THONG SHIPPING 127 Penjng Street. Penjng. Malaysia M S HANDLING SYSTEM CO740 words
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Page 28 Advertisements
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Advertisement309 1988-06-23 28 XT SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 >30 L-nes fAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTFRACHT/SEEREEDEREI ROSTOCK 'Accepting cargo far Hong Kong. Susan. Tokyo and Koto REGULAR CONVENTIONAL SERVICE TO EUROPE con bus m OOUENBURC IM ~AI*o accosting cargo309 words
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Page 28 Miscellaneous
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Miscellaneous150 1988-06-23 28 fi Regional Weather M 0 VA < A m m m 1 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. June 23. 19U V* Wind cVect.on »<tti speed m krv»t* LEGEND R V X\ Wind (Vect'on with speed «n i.rvtx V Ro Wo.e h».aM Cloudy Si v Wfoce »NHlt ore150 words
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Page 29 Advertisements
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Advertisement476 1988-06-23 29 FARGO SHIPPING COMPANY (PTE) LTD. f~ r No 15 Hoe Chiang Road «13-02 Sanford Building, Singapore 0208 Tel *****22 Tl* ***** FASCO ABC CONTAINERIZE N.V. Also accepting cargo to AUSTRALIA Adelaide. Brisbane NEW ZEALAND Wellington. Napier, Christchurch TO USA/CANADA USA —Moultor. Savannah, Tampa, Jacksonville. Wilmington (Del), Norfolk, Baltimore, New York.476 words
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Advertisement249 1988-06-23 29 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fax: *****15 LCL FIXED TWICE WEEKLY CONSOL i LCL FIXED CONSOLIDATION TO:CHINA, HONG KONG, BANGKOK, KEELUNG, KAOSHIUNG, KOBE, MANILA, BUS AN, INCHON, TOKYO, YOKOHAMA, OSAKA, COLOMBO, CALCUTTA, FELIXSTOWE, HAMBURG, BOMBAY, SYDNEY, MELB„ KARACHI, CHITTAGONG, LEGHORN, JAKARTA, NAGOYA, GOTHENBURG. ALL EUROPE BASE249 words
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Advertisement479 1988-06-23 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 |T] IRAQI LINE IMO' S'» T I «0» TMBSfO*' WEST BOUND SERVICE ETA S POM LOADING FOR YWK |i rwiairtati THROUGH B/Li to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA ft BAG REEFER SPACE AVAILABLE UPTO479 words
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Page 30 Advertisements
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Advertisement337 1988-06-23 30 Hai Sun Hup Co (Pte) Ltd rEL *****06 (20 Lines) TLX RS ***** RS ***** t I \S II K\ C \K I IM K. I II) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! Yokohama 13/7 Nagoya Osaka 9/7 Senboku Moji •Subject to cargo inducement NOTE: ALSO CALLING337 words
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Advertisement445 1988-06-23 30 CGM FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANAOA/MEXICO AND FRENCH WEST INDIES VSL B. PERMAI V 282 JUTUNMA \mi KMRtGAN V 222 VSL NUERNBERG EXP STUTTGART EXP DUSSELDORF EXP For Nallfai, Montrul, Toronto, Now York, Baltimore. Portamoutti. Norfolk, Savannah Alto serving GULF Miami, Mobile. Now Orleans.445 words
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Advertisement95 1988-06-23 30 WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK LONDON, MARSEILLES MHON-ASM SHIPPING (SI PTE LTD Tel: *****88 (8 Lines) Tlx: RS ***** SIN CHIAO SHIPPING AGENCY PTE LTD FOR BOOKINGS TEL *****81 TLX ***** NEWSHIP Singapore/China Direct Service MV YUHENG2 ZsSjUN A VESSEL 30-J/JUt MV WAHENG 01-OS/JUL MV ANANAS OS-OSKJUL95 words
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Advertisement707 1988-06-23 30 *****53/*****11 04-*****2/4, *****3 <07-*****8 •07-*****3, *****5, *****0, *****1 •02-*****22 *****68 /M CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE i K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER SINGAPORE I LEHARVE rn-'.iri" ;i:.n OTHER DESTINATIONS: AARHUS. AMSTERDAM. ANTWERP. BASLE. BREMEN BREMERHAVEN. COPENHAGEN HELSINKI. MALMO. OSLO.707 words
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