The Business Times, 29 June 1988

Microfilm: NL16204
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 WEDNESDAY, JUNE 29, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    274 1 AFP Dow Jones up NEW YORK stocks were little changed yesterdsy morning amid continuing worries about the outlook for interest rates and inflation. The Dow Jones Industrial Average rose 5.16 points to 2,113.62 in the first hour of trading. But losers held a narrow lead over gainers
    AFP  -  274 words
  • Article, Illustration
    Markets mixed
    162 1 REGIONAL SHARE prices closed mixed yesterday following the 35-point plunge on Wall Street overnight. Share prices in Singapore recovered from the morning's losses when bargain hunters came in on a late buying spree. The Straits Times Industrial Index edged up 1.66 points to 1,079.61 while the 40-issue BT
    162 words
  • Article, Illustration
    Some slowdown likely, but growth won't be hit
    311 1  -  By CATHARINE FERNANDO ECONOMIC GROWTH in the second quarter is likely to be slightly lower than the first quarter s 10.9 per cent. But this should not affect the year's projected growth, according to Trade and Industry Minister Lee Hsien Loong yesterday.
    311 words
  • Article
    US embassy bullish about S'pore economy
    446 1  -  GROWTH OF 8 PER CENT FORECAST FOR THIS YEAR By ANNA TEO A GROWTH FORECAST more bullish than the Singapore government's has been made by the US embassy in its latest economic report on the republic. It predicts that the economy will grow by
    446 words
  • Article
    The trouble with growth
    67 1 EXCITING DAYS lie ahead for the air travel business, with demand growing and growing Growth, however, sometimes creates its own problems. The trouble is there aren't enough airports and airplanes to cope with the demand. The air travel business is undoubtedly big business. That's why, argues
    67 words
  • Article
    Central banks stem rise of US$
    100 1 THE US dollar plunged in Europe in sarly trading yesterday following concerted intervention by European central banks to stem the dollar's rise. It had earlier fallen on the Asian currency markets. By mid-morning in the London foreign exchange market, the dollar was down to
    100 words
  • Article
    Lock icon Tokyo Cabinet approves outline of tax overhaul
    133 1 AP THE JAPANESE Cabinet yesterday approved the outline of a sweeping tax overhaul programme that aims to cut direct taxes drastically but which will also introduce a controversial sales tax, Finance Ministry officials said. The outline will serve as the basis for a
    AP  -  133 words
  • Article
    Town councils may pave way for two-party politics: Chok Tong
    539 1 TOWN COUNCILS, which will encourage voters to demand better quality candidates, may lead to the beginnings of a two-party political system in Singapore, says First Deputy Prime Minister Goh Chok Tong. Speaking yesterday during the Town Council Bill's second reading
    539 words
  • Article
    More labour-intensive operations moving out of Singapore
    569 1  -  By ANNA TEO FUELLED by labour shortages and rising wages, the pace at which companies are moving la-bour-intensive operations overseas and looking outside Singapore tor expansion is gaining momentum. Exact figures of the investment flows are not available. But anecdotal evidence suggests that
    569 words
  • Article
    Lock icon KL gives details of troops in Spratlys
    249 1 AP MALAYSIA has stationed troops in ths Sprstly Islands ovsr ths paat flvs years to protect three atolls it considers economically and strategically important, a senior government official said in Kuala Lumpur yseterday. Deputy Foreign Minister Abdullah Fadzil, replying to queries in Parliament,
    AP  -  249 words
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      290 1 See PAGE 2 Ll5 mm SEVERAL RECENT DEVELOPMENTS pointing to improving superpower relations have raised hopes of an amicable settlement to the protracted Cambodian crisis. Those hopes should be tempered to avoid the lessons of the failed Sihanouk/Hun Sen peace talks in Paris last year. LEADER, Page 10 THREE CONSULTANCIES
      290 words
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      18 1 i Samlnar to dlacuat labour ahortaga, PAQE 2 y ft _JsZ WfllWdrkThrough The Night For You. ABN Bank
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  • HOME NEWS
  • YESTERDAY IN PARLIAMENT
    • Article
      Elections Amendment Bill passed, pegging deposit to MP's allowance
      333 2 PARLIAMENT yesterday passed the Parliamentary Elections (Amendment No 2) Bill, which pegs an election candidate s deposit to a formula instead of the current fixed amount of $1,500. Opposition MP Chiam See Tong, however, objected to it during the debate. He
      333 words
    • Article, Illustration
      Dhana — Ang Mo Kio shows town council idea workable
      359 2 Dhana Ang Mo Kio shows town council idea workable AFTER 22 MONTHS, the government's Ang Mo Kio experiment in letting public housing residents run their own eststes has shown conclusively that the town council concept is workable, said National Development Minister S Dhanabalan. Based on the success of that pilot
      359 words
    • Article
      Residents find no difference in the level of service
      527 2 RESIDENTS in Ang Mo Kio East, after 22 months of having thair housing estate run by a town council, found it no different from having the estate run by the Housing and Development Board. That, pointed out MP Chandra Das, chairman
      527 words
    • Article
      Introduction of changes to simplify and speed up mode of registering deeds
      285 2 CHANGES, mainly technical in nature, have been introduced under the Registration of Deeds Bill 1988 to simplify and speed up the mode of registering deeds. Second Law Minister Professor S Jayakumar aaid the changes are aleo to keep
      285 words
    • Article
      Actuarial report ready soon
      78 2 AN ACTUARIAL consultant is doing various studies on the proposed Catastrophic Illness Insurance Schema and his report should be raady in about threa months. Acting Health Minister Yeo Cheow Tong said his Ministry, the Labour Ministry and the Central Provident Fund were in the final stagee
      78 words
    • Article
      Resettlement claims committee set up
      118 2 A COMMITTEE chaired by the Auditor-General has been set up to establish that certain claims for compensation submitted by resettlement cases are bona fide. Payment will be made once it is clear there are no malpractices, according to Minister for National Development S Dhanabalan. As
      118 words
    • Article
      Two bills introduced
      64 2 TWO BILLS were introduced yesterday. Or Tony Tan, the Education Minister, submitted the Public Service (Monthly Variable Component and Non-pen-sionable Annual Allowance) Bill on behalf of Finance Minister Dr Richard Hu. Dr Hu was away in Malaysia with the Prime Minister. The other bill, to license Homes
      64 words
    • Article
      Jayakumar on foreign professionals
      114 2 THE INFLOW of foreign professionals and entrepreneurs is unlikely to hurt the career proepects of Singaporeane, according to Home Affairs Minieter Professor S Jayakumar yesterday. This is becauee the number of foreigners involved is so low that it is insufficient to counter Singapore's fall in population
      114 words
    • Article
      Govt reiterates stand on ISA detainees
      105 2 THE GOVERNMENT hu reiterated that it will releaae Internal Security Act detaineea Kenneth Taang Chi Seng, Teo Soh Lung, Wong Souk Yee and Kevin De Souza once it ia convinced that they have been rehabilitated and will no longer poee a aecurity threat. Aa
      105 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
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      89 words
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      Page 2 Advertisements Column 2
      28 2 Do you have a problem waking up in the morning? Try Clinique Scruffing Lotion. It wakes up skin. Makes your face feel great. CLINIQUE SKIN SUPPLIES FOR MEN
      28 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      29 2 Nossou New Delhi N*w York Nicotic Otto Ports Perth Rio 'Janeiro Rom* Son Fris'co Son Juon Santiago Soo Paulo Seoul Stockholm Sydney Tolpei Tokyo Toronto Vancouver Vienna Wartaw Wa^ilnyton
      29 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon 24-hour business radio programming in the US
      642 3 NYT FUNNY THINGS have happened to the dull world of businees in recent year*: scandals embarrassed Wall Street, corporate raiders ahook up board rooms and investors made and lost billions of dollars in the stock market. In short, business became more interesting. And
      NYT  -  642 words
    • Article, Illustration
      New O & M creative director
      250 3 New O M creative director OGILVY MATHER Advertising has appointed Andrew White as creative director. White, 32, fills a seat left vacant by Neil Lawrence, now with Leo Burnett. Backed with 10 years of experience with the O M network, White hails from Nairobi, Kenya where he had been creative
      250 words
    • Article
      STPB shortlists three consultancies for PR programme
      321 3  -  By LILIAN ANG THREE consultancies have been shortlisted by the Singapore Touriat Promotion Board (STPB) in its search for an agency to handle its public relationa programme. BT understands that the three firms Hickson Public Relations. Baldwin Boyle Shand and Hill and Knowlton
      321 words
    • Article, Illustration
      How Tiger beat the best
      821 3  -  Blind beer tasting contest at Brickskeller's By MONICA GWEE BRICKSKELLER'S is e premium testing ground in Weshington DC for the world's beer lovers end offers over 500 brands of brew. Owner Meurice Coja classifies his reetaurent as e "sampling arena" where his clients can try
      821 words
    • COPY LINES
      • Article, Illustration
        A new way to wipe out roaches
        77 3 SHULTON FAR EAST has introduced Wipeout, bait stations for cockroaches. The stations contain a patented insecticide, a metabolic poison which its manufacturers say cannot be detected by the household pests and against which the pests can't build up an immunity. The stations create
        77 words
      • Article
        Sunshine's enriched bread
        43 3 SUNSHINE BAKERIES has launched a new enriched white bread called New Sunshine Enriched Bread. Fortified with "extra" calcium and proteins, the new bread also contains anti-staling enzymes and emulsifiers to keep it fresh longer. Lintas is handling the launch campaign.
        43 words
      • Article
        Shandwick buys two more consultancies
        91 3 THE UK-BASED public relations consultancy, Shandwick PLC, has made two acquisitions in Europe and the US. Shandwick acquired Kommunikations, a West German PR group based in Bobb for an initial 556.6 million and Rubenstein, Wolfson Co, Inc, a New York-based consultancy for $3.51 million. Kommunikations
        91 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      144 3 n V w wss I; 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 world kitchenettes
      144 words
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      Page 3 Advertisements Column 2
      349 3 Ask for Brother first! Free Color Plotter with Brother's brilliant Laser Printer Brother HL-8 Laser Printer— Fast 8 pages per minute printout, 1 MB RAM built in and with other unbeatable features. Check it out! With a free Brother Color Plotter, the exceptional HL-8 Laser Printer is by far the
      349 words
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    757 4 ARRIVALS Operator S*rvic« number Local tim« From SAS SK971 1140 CPH/BKK Uft UB231 1145 RGN SIA SO 201 1145 CGK QJA GA940 1150 MES TG403 1155 HOC *A SQ191 1155 PEN Jt A SQ238 1155 MES -®IA GA902 1210 PDG MAS MH641 1230 KCH GIA GA950 1220
    757 words
  • ASIA-PACIFIC
    • Article
      Lock icon Japanese officials decry 'talking up' the dollar
      600 4 Volatile money market feared if dollar rises suddenly FT THE RECENT RISE in the US dollar is straining relations between US and Japanese monetary authorities. Bank of Japan officials believe their American counterparts should stop making remarks which could be interpreted as talking
      FT  -  600 words
    • Article
      Lock icon Three Sabah co-ops under investigation
      112 4 Bernama BANK NEGARA Malaysia has begun investigations into the affairs of three cooperatives in Sabah under the Essential (Protection of Depositors) Regulations, 1986. The three cooperatives are Koperasi Kewangan Pembangunan Sabah Bhd, Koperasi Usaha Kita Sabah Bhd and Koperasi Serbaguna Kinabalu Bhd. Bank Negara governor
      Bernama  -  112 words
    • Article
      Lock icon Call for abolition of two Indon lotteries
      76 4 AFP INDONESIA'S ruling Golkar Party is pressing the government to scrap permits for two state-sponsored lotteries saying they prompted a deterioration in social values. Party spokesman Rachmat Witoelar was quoted by the Suara Karya daily yesterday as having told newsmen that although Golkar
      AFP  -  76 words
    • Article, Illustration
      Lock icon UN sends envoy to Cambodia with secret peace proposal
      362 4 AP THE UNITED NATIONS, which mediated a settlement in Afghanistan, has turned its attention to Vietnameseoccupied Cambodia by sending a special envoy to the region with a secret peace proposal. The envoy is scheduled to visit the Cambodian capital for talks
      AP  -  362 words
    • Article
      Lock icon Samrin will not dissolve government
      102 4 Reuter HENG SAMRIN, president of the Viet-namese-backed regime in Cambodia, told departing Vietnamese troops yesterday there could be no dissolution of his pro-Hanoi government as part of any settlement of the 10-year-old Cambodian conflict. Vietnam's announced pull-out of 50,000 troops from Cambodia this year has
      Reuter  -  102 words
    • Article
      Lock icon Debate rages over China's Three Gorges hydro-electric dam project
      435 4 AFP A DEBATE is raging in print over plans to build the world's biggest hydro-electric dam on the Yangtze River, although China is months away from a final decision on it. Supporters say the Three Gorges project is necessary to generate
      AFP  -  435 words
    • Article
      Lock icon Tokyo store to give visual impact to mail-order service
      221 4 NYT A LEADING Tokyo department store is sending 50,000 videotapes to selected customers tomorrow in what it says is the first video version of a mail-order catalogue. As far as we know, no other store anywhere in the world is providing
      NYT  -  221 words
    • Article
      Lock icon 'Anzus door should be kept open for NZ'
      190 4 AP AUSTRALIA'S Defence Minister said the door should be kept open for New Zealand to return to the threenation Anzus military alliance even though no compromise is in sight for the nuclear weapons dispute that led to Auckland's ouster. Kim Beazley made
      AP  -  190 words
    • Article
      Lock icon Ford in orbital engine deal
      81 4 AFP AUSTRALIAN orbital engine inventor Ralph Sarich has announced a major new deal with the Ford Motor Company of the United States. Mr Sarich said in Perth on Monday that Ford had signed a licensing agreement with his Orbital En- gine Company of Western Australia
      AFP  -  81 words
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  • REST OF THE WORLD
    • Article
      Lock icon Europe plans jointly-owned data handling company
      315 5 FT A GROUP of 18 European public telephone companies has reached preliminary agreement on an ambitious scheme to set up a jointly-owned data handling company for the region. The plan brings together Europe's largest network operators, including the West German Bundespost, France's Direction Generate
      FT  -  315 words
    • Article
      Lock icon Canadians and Soviets seek to end spy row
      190 5 Reuter CANADA and the Soviet Union have moved to ease tensions arising from a week-long spy scandal, expressing hope that a tit-for-tat round of diplomatic expulsions is over. External Affairs Minister Joe Clark called in Soviet Ambassador Alexei Rodionov for a 30minute
      Reuter  -  190 words
    • Article
      Lock icon Norway's PM urges world action to protect atmosphere
      393 5 Reuter THE INTERNATIONAL community must urgently develop a plan to protect the atmosphere if it wants to prevent disastrous climatic changes, Norway's Prime Minister Gro Harlem Brundtland warned on Monday in Toronto. Sharp changes in the world's climate may lead to rising
      Reuter  -  393 words
    • Article
      Lock icon Drought in US likely to continue, say weather forecasters
      325 5 Reuter WEATHER forecasters held out little prospect on Monday for a break in the worst US drought in 50 years and mid western farmers counted the days until their crops suffered irreversible damage. "Everyone is concerned," said a University of Illinois
      Reuter  -  325 words
    • Article
      Lock icon EC to study closer monetary cooperation
      433 5 Reuter EUROPEAN COMMUNITY leaders have agreed to study closer monetary cooperation and unanimously re-appointed Frenchman Jacques Delors as head of the EC Executive Commission, officials said yesterday. Belgian Prime Minister Wilfried Martens, briefing reporters after the 12 held late-night dinner talks on the first
      Reuter  -  433 words
    • Article
      Lock icon Call to set up European TV company
      129 5 AP FRENCH President Francois Mitterrand, speaking at an EC summit on Monday, suggested that US television's influence on Europe be countered by creating a European television company. French press spokesman Hubert Vedrine said Mr Mitterrand felt that a new initiative was required to
      AP  -  129 words
    • Article
      Lock icon US court shields defence contractors
      203 5 AFP THE US SUPREME COURT on Monday gave defence contractors protection against being sued by people accusing them of making defective equipment that causes death or injury. In a 5-4 decision, the court refused to reinstate a U*****,000 award to the family of a Marine
      AFP  -  203 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      515 5 CFTC kMpt a clos« watch, PAGE I MONDAY Smoked Breast of Duckling with Apple and Horseradish Salad Oyster Soup with Garlic Bread Kiwi Granite Veal Piccata with Shitake Mushrooms and a Crepe with Cream Sauce or Poached Salmon wTapped in Spinach Leaves topped with Caviar Sauce Chef s Selected Cheese
      515 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      71 5 Doonesbury W p HTSTORH HAS ALWAYS APVANCEP IN THE WAKE OF THOSE WHO WEREN'T AFRAID TO TAKE CHANCES! 4 f r BY GARRY TRUDEAU SO YOU CUT A FEW CORNERS. SO YOU BENT A FEW RULES. SO YOU ACCUMULATE? A FEW FELONY COUNTS ALONG WE MY ISTHAT REALLY SO JA
      71 words
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  • COMMODITIES
    • Article
      Lock icon UAE rejects Opec quota
      354 6 UPI THE UNITED Arab Emirates has renewed its rejection of its Opec-assigned quota of less than one million barrels a day, the official Emirates news agency reported on Monday. A statement by the UAE's federal cabinet said its oil policy will remain the same as spelled
      UPI  -  354 words
    • Article
      Lock icon Dubai company to break federal petrol monopoly
      139 6 Reuter A DUBAI company said on Monday it plans to build about 50 petrol stations, breaking the retail monopoly of a company owned by the United Arab Emirates (UAE) federal government. "We are investing over 100 million dirhams (US$27 million) and the first
      Reuter  -  139 words
    • Article
      Lock icon M'sian rubber output up
      139 6 Bernama MALAYSIA'S rubber output in April rose by a marginal 3.1 per cent or 3,399 tonnes to 108,123 tonnes compared with the previous month, the Statistics Department said in Kuala Lumpur on Monday. The cumulative output in the first four months of the year was lower
      Bernama  -  139 words
    • Article
      Lock icon Natural rubber shortage
      143 6 Reuter WORLD NATURAL RUBBER demand is forecast to exceed supply by 140,000 tonnes and 125,000 tonnes respectively this year and in 1989 after a 55,000tonne shortage last year, International Rubber Study Group (IRSG) statistics show. However, the world synthetic rubber market is seen returning to a surplus
      Reuter  -  143 words
    • Article
      Lock icon Reinvest profits from higher commodity prices, says consultant
      169 6 Bernama AN INTERNATIONAL consultant says profits derived by countries from high commodity prices should be reinvested in other areas to broaden the economic base and enhance the competitiveness of local industries. Commodities-based countries. such as Malaysia, should adopt this stance to develop
      Bernama  -  169 words
    • Article
      Lock icon India fails to meet grain target
      89 6 AFP INDIA produced 138 million tonnes of foodgrain during the 1987-88 financial year, 22 million tonnes short of the target. The Agriculture Ministry said in New Delhi last Friday that wheat production stood at 46 million tonnes and that of rice at 54.60 million
      AFP  -  89 words
    • Article
      Lock icon Coffee pact debate hots up amid new talks
      480 6 Reuter THE DEBATE on the future of the international coffee agreement is heating up as consumers increase the pressure for a brand new pact to replace the current one which expires in September 1989 Delegates to the International Coffee Organisation (ICO) said
      Reuter  -  480 words
    • Article
      Lock icon Higher grain output seen in China
      159 6 AP CHINA'S grain production may increase by as much as 25 per cent to around 500 million tonnes by the year 2000 from an average of 394 million tonnes in the 1980s This projection was made in a US Agriculture Department report released in
      AP  -  159 words
    • Article
      Lock icon Bumper Indian summer crop seen
      181 6 Reuter INDIA expects a bumper summer grain harvest to help it recover from last year's drought, a government spokesman said in New Delhi on Monday. He said the summer crop harvested from March to April was expected to yield a record 66.5 million tonnes. The
      Reuter  -  181 words
    • Article
      Lock icon CFTC keeps close watch on markets
      170 6 Reuter US COMMODITY Futures Trading Commission chairman Wendy Gramm said she has stepped up staff briefings on the commodity futures markets, because of the volatility due to the lingering drought "We are monitoring the markets quite carefully For the past few weeks, our surveillance
      Reuter  -  170 words
    • Article
      Lock icon Rampaging elephants damage crops
      108 6 Bernama SOME 2,000 HECTARES of oil palm and rubber plantations in Riau province, central Sumatra, have been damaged by rampaging herds of wild elephants over the last few months, according to reports from Jakarta yesterday. Authorities estimated damage at more than four billion rupiah (around SS500.000).
      Bernama  -  108 words
    • Article
      Lock icon Rubber
      185 6 Reuter SINGAPORE Rubber prices closed higher yesterday. The July 1 RSS buyers price was quoted at 273.00 cents/kilo. On the TSR-20 market, prices also closed with pared gains in line with the RSS One market. July buyers price closed at 236.00 cents/kilo. MALAYSIA Malaysian rubber prices closed generally higher.
      Reuter  -  185 words
    • Article
      RAS and MRELB
      281 6 R AS prices In S cwtte/kg, FOB In beta m NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 276.00 277.00N 273.50 274.50N Int 1 RSS July 88 276.00 277.00N 273.00 275.00 kit 1 RSS August 276.00 277.00 273.00 275.00 Int 2 RSS OP 272.00 274.00N
      281 words
    • Article
      SSR and SMR
      79 6 (cents/kg) JULY 1988 AUGUST 1988 (current monlti) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSB 20 241 JO 243.SON 241.50 24 3JON SS» SO 239.30 241. SON 239.50 241.SON MRELB Buyers Sellers Buyers Sellers SMB cv 571.00 573.00N 573.00 575.00N SMB L 573.00 575.00N 575.00
      79 words
    • Article
      Lock icon KL Tin
      167 6 Reuter A RESERVE of eellers anticipating higher prices helped the KLTM price move to a new two-year high yesterday, closing two cents up at M 518.38 a kg, dealers said. Europe's £60 rise on Monday narrowed KLTM's premium to £30 and encouraged further European buying. But trading waa
      Reuter  -  167 words
    • Article
      Lock icon Palm Oil
      451 6 Bernama Reuter MALAYSIAN CRUDE PALM OIL FUTURES breached the M 51.300 per tonne yesterday to reach a two-and-a-half year high on the KLCE. The consecutive limit up close yesterday aided the upsurge on the market which was still getting its leads from the Chicago Board of Trade soybean
      Bernama; Reuter  -  451 words
    • Article
      Oil and Products
      94 6 THE fall continues and traders feel it might on even lower. For some products the turning point seems to be approaching, though. Closing prices for crude (FOB origin) USS/barrat Otanga Top* (My) 15.90 -0.05 MJnoa (My) 16.00 wi* Dubai (Aug) 1X27 -0.43 WW T#«o« WTI (Aug)* 1X77
      94 words
    • Article
      Produce Prices
      234 6 Chinese Produce 110 FOB NSW ,}/55.00 A-l Special 233 Exchange Sellers' noon dosing prices on BWP FOB NSW Gambier 1140^0 C-1 Special C-1 Ord unq unq June 28 (S$/100 kg) FOB NSW 180.00 Loonzain Rice Coconut oil FAMA 100% 1st grade 100% 2nd grade unq 305 Bulk FOB
      234 words
    • Article
      London markets
      303 6 London Commodity Exchange Bvyor/Sollor dosing prtcos on J una 27 (£/tonrw union spodfiod). Previous dosing pricos in poronfhosis. Jui/Aog/ Sop 565.0* (540.0sir) Sop 570.0* Ocr 565.0/570.Opd Oct 565.Opd Nov 565.Opd M'lian MO FOB Jui/Aug/Sop 520.0* M'slan RBD ololn FOB Copper Standard Co* 1350/1370 (1315/1335) 3-months 1285/1295 (1260/1270) Sottiomont
      303 words
    • Article
      Lock icon Soybean
      117 6 Reuter SOYBEAN FUTURES closed on Monday on the Chicago Board of Trade locked up their 30 cent per bushel permitted daily trading limit as players continued to be influenced by the Mid-west drought. At the closing bell only the first three months were trading. July ended at U5J10.59-1/2 per
      Reuter  -  117 words
    • Article
      Precious Metals
      369 6 HONGKONG: Gold closed higher yesterday in active trading with light buying by local investors. The purchases were mainly in response to the weak tone of the US dollar but dealers noted light selling by the Soviet Union which helped slow the metal's advance in the afternoon. Bullion ended
      369 words
    • Article
      Lock icon Wheat
      165 6 Reuter SOFT red winter (SRW) wheat futures closed up the daily limit of 20 cents per bushel in all months except next July on the Chicago Board of Trade on Monday, in sympathy with the maximum allowed gains in soybeans and corn. Spot July ended at US$4 00-1/2 per
      Reuter  -  165 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      70 7 Actual Tabloid Size In The New Paper, a full page, full colour advertisement costs only $4,500. If you're buying a series of 52 insertions, you can bring the cost down to as little as $3,982 per ad. That's real value for the kind of big, fresh impact you get in
      70 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Banco Central settles merger dispute
      102 8 Reuter BANCO CENTRAL said it has resolved a dispute with its largest shareholder which was disrupting its merger plans with Banco Espanol de Credito (Banesto). A spokesman said that Cartera Central, an investment company with a 13.1 per cent declared stake in Banco Central, would
      Reuter  -  102 words
    • Article
      Simex
      452 8 AFTER opening weaker at 91.93, the September Eurodollar recovered to 91.96 by mid-session on Simex yesterday. The downside support at 91.91 held well initially but the upward movement was somewhat limited in view of the concern for inflation. The afternoon session saw the retreat of the dollar owing to
      452 words
    • Article
      Government securities market
      87 8 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ*****H 22.09.88 3.69 3.64 3.69 3.60 6 months BY*****T 24.11.88 3.75 3.70 3.73 3.73 1 year BY*****Z 23.3.89 3.78 3.73 Government notes and bonds Period Issue Maturity Coupon Yesterday' s closing Day's
      87 words
    • Article, Illustration
      World interest rates
      189 8 Indicate* th« average of the prime lending rate* ot 12 major banks In S'pore Interbank market rates (offer/bid) on June 28 us* DM SWFC Yen 7 days 7 15/16 13/16 9 1/2 1/4 4 1/4 1/8 2 7/8 2 3/4 4 3/8 1/4 1 mffc 7 11/16
      189 words
    • Article
      Lock icon Asian $ market
      207 8 Asian market Reuter ASIAN DOLLAR deposit rates closed steady yesterday at firmer opening levels but trading was quiet in the afternoon, dealers said. Reuter us$ OFW« UO 7 days 7 15/16 7 13/16 1 month 7 7/8 7 3/4 2 momtn 7 7/8 7 3/4 3 mon#» 7 7/8 7
      Reuter  -  207 words
    • Article
      Lock icon IMM
      258 8 Reuter IMM currency futures finished the session lower but above the lows of the day on Monday. Traders said a flurry of orders to sell Japanese yen and Swiss francs emerged prior to the close, extending early losses in those contracts. Overall, however, brokers reported sluggish trading and light
      Reuter  -  258 words
    • Article
      Comex gold/silver futures
      179 8 Gold futures on June 27 100 troy ounces, USS par troy a jnce Op*n Htah Low MM Mm 443.00 443.00 442.00 443.00 M 44X40 -0.10 Aug 445.30 447.20 443 90 445.90 -0.10 Oct 450.50 452.20 448.80 451.00 -0.10 Dac 455.30 457JO 454.00 456.10 -0.10 Fab 89 ♦oiio
      179 words
    • Article
      Lock icon Taiwanese banks' overseas plans run into snag
      164 8 FT FIVE OF Taiwan's leading banks have applied to set up branches overseas, but have run into opposition from the Taiwanese Finance Ministry over proposed locations. The banks, all govern-ment-owned institutions, are hoping to widen business contacts as more Taiwanese companies and funds
      FT  -  164 words
    • Article
      Money markets
      57 8 THE OVERNIGHT rate on the Singapore money market fell !4 to 3% per cent yesterday. One and two months were were unchanged, three months rose S$ Interbank rates at the close yesterday: OffW uo Overnight 3 5/8 3 1/2 1 -month 4 3 7/8 2-month 4 1/8 4
      57 words
    • Article
      Options
      1540 8 CURRENCY FUTURES OPTIONS Tuesday, June 28, 1988 OEUTSCHCMARK (SIMEX) Jut High 88 call Low Sad Jul High 88 puta Lee Sett 35 56 57 5S 59 AO 408 Aug Mgh 88 ca Low 45 3 CAB CA8 II* San Aw High I2A 468 1 10A 202A 300* 400A 8
      1,540 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      521 8 METRO HOLDINGS LIMITED SUBSIDIARY COMPANIES NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of the Company will be held at 65 Chulia Street, #19-00 OCBC Centre, Singapore 0104 on 14 July 1988 at 12.00 noon to transact the following business: ORDINARY BUSINESS 1
      521 words
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      Page 8 Advertisements Column 2
      679 8 RANSMARCO TRANSMARCO LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that me Annual General Meeting of the Company will be held at 65 Chuka Street #19-00 OCBC Centre. Singapore 0104 on Thursday 14 July. 1988 at 11 30 a m tor the
      679 words
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      Page 8 Advertisements Column 3
      8 8 BANQUEINDOSUEZ 3 Shenton Way, Shenton House, Singapore 0106
      8 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Forex markets
      1775 9 Reuter Reuter SINGAPORE: The US dollar closed sharply down yesterday against most currencies in active and nervous trading on reports the Bundesbank and the Swiss National Bank sold dollars in Europe, dealers said. "The market was nervous and players were uncertain about the dollar's direction," a dealer said,
      Reuter  -  1,775 words
    • Article
      Singapore Land gets $200m RUF
      407 9  -  By SOH TIANG KENG THE largest Singapore dollar Revolving Underwriting Facility (RUF) extended to a listed Singapore company the $200 million credit facility to Singapore Land was signed here yesterday. Singapore Land will use the five-year RUF to refinance its existing debt, provide more working
      407 words
    • Article
      Lock icon Indosuez opens Taipei branch
      57 9 AFP INDOSUEZ Bank opened a branch office in Taipei on Monday and two subsidiaries. Wicarr Taiwan Ltd and Indosuez Investment Advisory Services Co Ltd. The bank has been do- ing business in Taiwan for 18 years, and planned to expand its commercial banking business and promote
      AFP  -  57 words
    • Article
      Lock icon BNP, Chinese bank accord
      54 9 AFP BANOUE Nationals de Paris (BNP) and Agricultural Bank of China have signed a financial and technical cooperation agreement BNP said in Paris on Monday. The accord will allow BNP to follow Chinese agricultural and food projects and the Chinese bank to study the possibilities offered
      AFP  -  54 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      35 9 (ieorges speedy liiiu li in 5*J minutes at only $22.50++ (well even time ourselves) Or the clot kis yours! Reservations: 75M855 Kxt 8365 I-it Brasserie (ieorges. In Ijc Meridien Singapour. KM) Orchard Road Singapore 0923.
      35 words
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      Page 9 Advertisements Column 2
      85 9 America. Only United has same day arrivals anywhere in the USA. We are America's Friendly Skies. Our daily morning departures via Tokyo or Hong Kong wing you across the Pacific in time to enjoy the rest of the day in the States. Lunch on the West Coast, dinner on the
      85 words
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      Page 9 Advertisements Column 3
      7 9 Funds to ra-rtart Gateway projact, PAGE 15
      7 words
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  • PERSPECTIVE
    • Article
      Taking stock of Cambodia
      374 10 IN THE CONTEXT of rapprochement in superpower relations, some third parties in the nine-year-old Cambodian crisis are hoping that an amicable settlement could be within sight. They are optimistic of a settlement, believing that with the improvement in American/Soviet relations, the Soviets would apply subtle pressure
      374 words
    • Article, Illustration
      Lock icon US corporate health care in need of surgery
      1757 10  -  Burgeoning medical bills are hitting American employers where it hurts most. The search for a cure by these big businesses has led to a rethink on corporate medical insurance. The emphasis now is on shifting more of the financial risk to employees,
      NYT  -  1,757 words
    • Article, Illustration
      Growth poses problems for air travel
      1475 11  -  All indicators point to exciting days ahead for the global air travel business. Demand is growing and will continue to grow barring recessions. But growth creates its own problems. Unless there is firm commitment and cooperation internationally to meet foreseeable demand and beyond, the
      1,475 words
    • Article, Illustration
      Pacific region's airlines rated highly
      584 11 AIR TRAVELLERS rate the Pacific region's airlines far higher than they do the region's airports. In a survey of passenger preferences, conducted by the International Foundation of Airline Passengers Association (IFAPA), Singapore's Changi airport shared top honours with Amsterdam. The survey covered 30,000 passengers who
      584 words
    • Article, Illustration
      Tokyo pressing more Japanese to holiday abroad
      328 11 JAPANESE PLANNERS hope to see 10 million Japanese annually taking vacations abroad by 1991. Holidaying overseas is serious business in Japan In fact, it is official policy. In 1986, 5.5 million Japanese headed overseas for their holidays. The planners want the annual figure
      328 words
    • Article
      IATA considering S'pore for training site
      286 11 THE INTERNATIONAL Air Transport Association (lATA) is looking into the feasibility of using Singapore as a venue for part of its training programme. Since 1983, the Geneva-based organisation has been conducting courses and seminars for members and non-members. So far, more than 2,300 participants
      286 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
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      Page 10 Advertisements Column 2
      0 10 {>/}%;?^$</{[$(/>"!%._~><@~|}_&
      0 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      599 10 rve got somerH»r4G GOWG U>ITP TMPfr G\J?U «NTme off ICE. pi CROSS Tnie STpeeT shc sm\Les sne NODS SHC UP|V£S. i n scftßeD To offcN my umDocj in c*se swe sees U>W I LOOtCLI^,.. EVENtNQ STANDARD CO. LTD, IMI-1M CRYPTIC PUZZLE ACROSS 1 Think of a number on many sheets
      599 words
    • Miscellaneous
      Page 10 Miscellaneous Column 2
      93 10 Yesterday's Easy solution ACROSS: 3. Under. 8. Label. 10, Mitre. 11, Car. 12, Saved. 13, Perfect. 15, Revue. 18. Oar. 19, Agreed. 21, Arrange. 22, Prim. 23, Rude. 24, Engines. 26, Cheery. 29, Nip. 31, Eider. 32. Astride. 34, Rout. 35, End. 36, Stair. 37, Askew. 38. Essay DOWN: 1,
      93 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1267 11 TO 000 QODQ® PM Opening and Programme Highlights followed by Style With Etsa Klensch. This week's episode features the spring collections of New York's Eleanor P Brenner, Milan's Laura Biagiotti and London's Jasper Conran. The latest looks in sunglasses and tips on how to choose a good pair of sunglasses
      1,267 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Ivan Lendl totters, then stumbles into quarter-finals
      886 12  -  By BARRY WOOD IVAN LENDL had to fight back from the edge of defeat before struggling past unseeded Australian Mark Woodforde to reach the Wimbledon quarter-finala, taking 4 hours 46 minutes and saving a match point on his way to a heart-stopping 7-5
      886 words
    • Article, Illustration
      Lock icon Tyson demolishes Spinks in 91 seconds flat
      554 13 UPI MIKE TYSON demonstrated in 91 seconds how his personal life relates to his boxing life: not at all. Once Tyson entered the ring to defend his undisputed heavyweight title against Michael Spinks, the controversy that has swirled about him meant nothing. "Im
      UPI  -  554 words
    • Article
      Lock icon And then there is only Evander Holyfield
      330 13 UPI WITH MICHAEL SPINKS punched brutally out of the way on Monday night, Evander Hoiyfield quickly assumed the role as the only fighter left considered a real threat to Mike Tyson. "I'm not going to let his reputation beat me," Hoiyfield said after
      UPI  -  330 words
    • Article
      Lock icon Punched out for daring to throw punches
      384 13 AP MICHAEL SPINKS tried to do something few of Mike Tyson's opponents have dared: trade punches with the fearsome heavyweight champion. The plan lasted only 91 seconds, the time it took Tyson to knock Spinks down twice, leaving him the final time spread
      AP  -  384 words
    • Article
      Lock icon Carl Williams to take a shot at IBF heavyweight title
      252 13 UPI CARL 'The Truth' Williams earned a shot at the International Boxing Federation heavyweight title on Monday night, scoring a unanimous 12-round decision over Trevor Berbick on the undercard of the Mike Tyson-Michael Spinks fight. Later this year, Williams is
      UPI  -  252 words
    • Article
      Lock icon Kookaburra III makes it as an unbeaten yacht
      279 13 AP KOOKABURRA 111, its crew having fixed a badly damaged keel overnight, joined Bengal 111 and New Sweden as the only unbeaten yachts after the opening match races at the World 12-metre Yachting Championships on Monday. Kookaburra 111, an Australian light-wind yacht
      AP  -  279 words
    • Article
      Lock icon Conner to take aboard a 'god'
      187 13 AFP STARS AND STRIPES skipper Dennis Conner will have the Maori sea god on his side if he defends the America's Cup in San Diego in September, a wood carver has said. Rawiri Ahitapu, from the North Island town of Opotiki, said Conner had
      AFP  -  187 words
    • Article
      Lock icon Carl Lewis clocks 9.95 to win 100-metre Paris race
      234 13 AP CARL LEWIS won the 100-metre dash in a wind-aided 9.95 seconds and jumping rival Larry Myricks had the year's best long jump at (he Paris international track meet on Monday. Lewis overcame his customary poor start to win the spring
      AP  -  234 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      235 12 COURVOISIERXO WtiIEIPE ¥0 E4J,DUNK* jK V::' It's refreshing. It's unique. It's Ttopical a hot sensation which will cool you off. A mixture of 3 Jamaica rum, 1 mint syrup, orange syrup, Maracuja juice and Pisco, the cocktail drink leaves a sweet and pleasant taste that lingers on. Available at all
      235 words
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      Page 12 Advertisements Column 2
      182 12 Ernest Greg <5 The JADE LOUNGE is the perfect spot to relax in, after a hard day at work. Ernest and Greg provide a hot new entertainment style. With a rich repertoire of ballads, old favourites and impersonations. Ernest is a soloist and plays the guitar while Greg plays bass.
      182 words
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      Page 12 Advertisements Column 3
      157 12 PEUCIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and heip themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary bowl of salad
      157 words
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      Page 12 Advertisements Column 4
      195 12 1 lappy I lours arc now Doubly Good: Order one drink bv 1 I Club 5. you'll bave bappy b tbe double. dub^ Plaza Hotel %Aft*«COLO«ftF<Jft>*!nVfT4nQ Be*ct> Road SMporeo7|9 TH *****11 Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, for
      195 words
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      Page 12 Advertisements Column 5
      125 12 Feast fit for the Queen Tuck into the best of British cooking fronJune lto3o. With Melton Mowbray pie, Fish 4 n chips, Prawns in Whisky, Stewed rabbit casserole, North sea cod fillet, Beef Wellington, English trifle and Oxford lardy cake. Over 60 British favourites for just ww" $31 (adult) and
      125 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      122 13 ENTERTAIN 4 Vy i, U.S. Beef Primed To Perfection June 1 30,1988 The best of both worlds: U.S. Prime Beef, will be used in authentic Japanese cuisine. Enjoy favourites like Shabu-Shabu, Sukiyaki, Teppanyaki, Gyu Tataki and Gyu Sashi, or try our hearty U.S. Beef Set Lunch at $30.00. For reservations,
      122 words
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      Page 13 Advertisements Column 2
      217 13 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPE TISER BUFFET ANCTTHKR IS THE CHOICE OF MAIN COURSES. PALM For between $26-1-+ and $40+ you can select from our appetiser UKII.L buffet including seafood, smoked salmon and oysters. Choose from many lav ish main courses. And finish
      217 words
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      Page 13 Advertisements Column 3
      8 13 o o c I cn 5 7* S
      8 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Late buying bout helps market to recover
      4870 14 A LAST-MINUTE rush of buying orders helpsd the Singapore market recover most of its morning losses yesterday. The market had opened weaker following the overnight downturn in the Dow Jones Industrial Average. After loeing nearly six points in the opening hour, the Straits
      4,870 words
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  • COMPANY NEWS
    • Article
      SES defers shift to July 8
      157 15 THE STOCK EXCHANGE of Singapore (SES) has decided to defer to Friday, July 8, its move to the new trading floor at the OUB Centre. In a press release yesterday, the SES said the decision not to start the new trading system on July
      157 words
    • Article
      G Lumber turns in M$49,000 interim profit
      139 15 GENERAL LUMBER (Holdings) Bhd has returned to the black, with a small profit for the six months ended March 31, 1988. Unaudited interim results show that the group chalked up a net profit of M 549,000 against a loss of M 5983,000 previously.
      139 words
    • Article
      Goodwood group maintains profits in spite of turnover drop
      379 15  -  By AMY BALAN GOODWOOD PARK Hotel Ltd and its subsidiaries suffered a substantial drop in turnover but managed to maintain their profitability for the six months ended March 31, 1988. Turnover was slashed by more than half to $36.51 million from
      379 words
    • Article
      Lock icon MPHB returning to profit path
      324 15 MBT AFTER LANGUISHING in hefty losses for three years, Multi-Pur-pose Holdings (MPHB) is finally back on the profitability path again. Newly-appointed chairman Chan Hua Eng said after the company's 12th annual general meeting in Kuala Lumpur yesterday that MPHB is already in the black, thanks
      MBT  -  324 words
    • Article
      Business done on the SES
      4365 15 SECTION ONE INDUSTRIAL ft COMMERCIAL Acmo (1 22 B I 25 S> (27) 1.16 ID 1.17 161 I 19 (7) 120 (5) 121 (31 123 111) 1 22 XD A Icon I 0 63%8 0 70 S) 151 066 Amol St««l 50< 12 06 B
      4,365 words
    • Article
      Unit trusts
      279 15 Managers' prices Japan Gr Fund 153 1 58 for June 29 Shenton Thrift Fund 085 085 Singapore Unit Trust UOB Management Umfund 0930 0930 The Commerce 101 108* Unibond 101 1035 The Savings Fund 087 093 S pore Prog Fund S pore Sec Fund 0 42 070 0*6
      279 words
    • Article, Illustration
      Singland secures funds to re-start Gateway project
      741 15  -  Revolving facility of $200 m signed By LEE HAN SHIH TO USE a well-worn cliche, Singapore Land has reached a turning point in its 25-year history. For almost four years, it was bogged down by the problems of The Gateway, a half-finished office
      741 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      200 15 Bachelor of Business (Administration) RIVERIN A-MURRAY INSTITUTE OF HIGHER EDUCATION NEW SOUTH WALES, AUSTRALIA -r rDEGREE i DIPLOMA- 1 You can obtain a recognised Australian degree in 2'/2 to 3 years without leaving the country. The Bachelor of Business (Administration) degree from The Riverina-Murray Institute of Higher Education which is
      200 words
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      Page 15 Advertisements Column 2
      754 15 National Westminster mW Bank PLC Head Office: 41 Loth bury London EC2 England Singapore Branch: 50 Raffles Race #05-01 Shell lower Singapore 0104 Tel *****44 "telex RS 2849 1 Fax *****27 Foreign Exchange lei *****77 Telex RS ***** Consolidated Balance Sheet At 31 December 1987 Authorised by the Board to
      754 words
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  • REGIONAL MARKETS
    • Article
      NZI Corp faces hitch in deal
      308 16  -  By SELWYN PARKER NZI CORPORATION could be heading for a fight with its minority shareholders over some of the terms of its planned deal with General Accident. As fuller details of the agreement emerge, some small shareholders claim that NZI has paid an unusually
      308 words
    • Article
      KL prices close mixed Business done on the KLSE
      3668 16 A LATE BOUT of buying gave a boost to the Kuala Lumpur stock market yesterday to help shars prices finish mixed in quiet trading despite declines in the Tokyo and Hongkong stock markets, dealers said. They noted that smsll investors dominsted
      3,668 words
    • Article
      Shares finish lower
      1418 16 Hongkong A FLURRY of late selling orders taw Hongkong •hare prices cloee at near the day's low yesterday after a weaker opening which reflected falls In New York and Tokyo. The Hang Seng Index fell 28.20 points, or 1.06 per cent to 2.061.46 while the broader-baaed Hong
      1,418 words
    • Article
      Seoul
      113 16 JUNE a WON Kal 100 ***** 300 Kanawon Ind ***** ***** 100 200 ***** -200 Koton ind ***** -300 □••woo Corp 22*00 300 200 Korea Long Tarm Lucky LW ***** ***** •100 unch Oaiahm Sacurltiaa Dong Ah Phar Dong Suh Slock Dongbu Steal Go 10 Star ***** ***** *****
      113 words
    • Article
      Lock icon Tokyo
      490 16 Reuter TOKYO share prices closed lower yesterday due to persistent concern over the direction of the dollar and interest rates, which continued to limit the market s upside. "The weakness of the yen is putting upward preesure on Japanese interest rates." said analyst Simon Smithson of Kleinwort Benson International
      Reuter  -  490 words
    • Article
      Lock icon Sydney
      467 16 Reuter THE AUSTRALIAN share market closed sharply lower yesterday despite a last minute buying spree by local investors. Dealers said the late upward push in all sectors was not enough to offset the effects of weaker international crude oil and precious metal prices. "Volumes have been very low for
      Reuter  -  467 words
    • Article
      Lock icon Bangkok
      165 16 Reuter THE SECURITIES Exchange of Thailand Index fell 1.86 to 447.60 yesterday on a turnover of 14.523.846 shares worth 833.80 million baht. ft I Ao Kham Thai 404 2 Ayudhya Investment 428 •4 Bangkok Agro-lnd 133 -2 Bangkok Bank 3S0 25 Bank Of Ayudhya 390 •4 Charoong Thai Wire
      Reuter  -  165 words
    • Article
      Taipei
      252 16 JUNE n All Sincara Indue Ana Camant NT 1 640 MOO -0.15 -2.5 -9 •15 •1.4 -1.5 •0.2 -1.5 -6 Kotin Kuochan Dav Laa Chang Yuan Chafn Inoua Den Hwa Indue Nan Ya Ptaa 49 30 56.50 60 50 06 50 64 00 -07 -1.5 -15 -2 -2 5
      252 words
    • Article
      Manila
      68 16 JUNE a f t»OS fMarrtaat Oriantal B Phil Ovaraaas 0 039 0 037 0 41 -om unch ***** -0 0015 Apa« Mining B 0 046 27 -0 424 plot 1B4 .1 San Migual B 182 -18 Baste Pa«ro»aum 0 022 90 •0 001 .7 Saatront 0 024 30 -0
      68 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      459 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 90 FTECO ENTERPRISE PTE. LIMITED (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the above Company duly convened and held at 585 North Bridge Road #14-05, Blanco Court, Singapore 0718 on Wednesday, 29th June 1988 at 11 a.m., the following
      459 words
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      Page 16 Advertisements Column 2
      514 16 OFFICIAL NOTICE Proposal to change of Ship's name We, Llan Huat Shipping Co. Pte. Ltd., 10 Anson Road, #14-19/20, International Plaza, Singapore 0207, hereby give notice that In consequence of the Intended change of name of ship. We have applied to the Registrar of Singapore Shlpe, under section 417 of
      514 words
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      Page 16 Advertisements Column 3
      546 16 IN THE MATTER OF THE COMPANIES ACT. CAP. SO IN THE MATTER OF SUNDIAL INVESTMENT PTE LTD SB Voluntary Liquidation) OTICE OF RESOLUTION At an Extraordinary General Meeting of the members of SUNDIAL INVESTMENT PTE LTD duly held and convened at No. 29, Lorong 32 Geylang, Singapore 1439 on 28th
      546 words
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      Page 16 Advertisements Column 4
      3 16 TECHNOLOGY every Friday
      3 words
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  • WORLD MARKETS
    • Article
      Lock icon Dow Jones suffers 34-point fall
      966 17 New York Reuter WALL STREET stocks closed lower on Monday m higher commodity prices and a lower bond market combing) to spur profit-taking, traders and market analysts said. They added that last minute futures-related selling also helped push stock prices lower. But traders said much
      Reuter  -  966 words
    • Article
      Lock icon Base rate talk dominates trading
      1016 17 London Reuter LONDON shares opened lower yesterday, influenced to a large extent by Wall Street's retreat overnight. But speculation over an expected base rate rise to 10 per cent from 9 per cent dominated trading, dealers said. The key three-month interbank sterling money market rate
      Reuter  -  1,016 words
    • Article
      Untitled
      1136 17 Selected indices HONGKONG Hongkong Index T umdoy *****7 Monday 1.779 67 WMk ago 1.***** Hang Seng Index TuMdoy 2.***** Monday 2.***** WhIi ago 2.663 65 All Industrials Tuesday 2.457 4 Monday 2.4023 WMk ogo 2.531 6 NEW YORK Dow Jones Monday 2.106 46 Friday 2.***** WMk ogo 2.***** TOKYO Nikkei
      1,136 words
    • Article
      Lock icon Wang Laboratories diversifies
      96 17 FT WANG LABORATORIES, the US computer maker trying to recover from severe setbacks early last year, is to diversify into financial services. It said on Monday that it would offer a family of equity. bond and money market funds through Wang Funds, a Bermuda subsidiary, and through
      FT  -  96 words
    • Article
      Lock icon Fort Howard to sell business for US$3.5b
      274 17 FT FORT HOWARD, the US paper company which is a big supplier of disposable towels, plates and cups to restaurants and businesses, has agreed to sell its business for U553.57 billion to a management group backed by the Wall Street investment firm, Morgan
      FT  -  274 words
    • Article
      Lock icon Carnation has its formulas
      97 17 Reuter CARNATION CO is entering the US$l.5 billion baby formula market with a breakthrough product for infants who are allergic to milk and a follow-up formula for older babies who have begun to eat solid foods. Analysts predicted the introduction of the two products, Good Start
      Reuter  -  97 words
    • Article
      COMPANY MEETINGS
      165 17 Chemical Industrie* (Far Eaet) Limited: 24th AQM at the Registered office, No 52 Jalan Buroh, Singapore 2261, today, June 29 at 12pm. AAHMA liiiiiieAvlAA MOfO mOUttHM (KMIiywl) Birliad 21 at AQM at Kriatal Suites 1 2, Petaling Jaya Hilton, No 2, Jalan Barat Pet* I ing Jaya, Selangor,
      165 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      569 17 NOTICES Singapore Branch m in< U5530,000,000 J 1' 4jF'WI US DOLLAR CERTIFICATES OF DEPOSIT DUE DECEMBER 30,1991 In accordance with the provisions of the certificates, notice is hereby given that for the interest for the period from June 29, 1988 to December 29, 1988, the certificates will carry a rate
      569 words
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      Page 17 Advertisements Column 2
      582 17 in the matter of THE COMPANIES ACT. CHAPTER SO •ad In the matter at KHIAN SENG HOLDINGS (PTE.) LIMITED (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which ii being wound up. voluntarily, are required on or before 38 July 1981 to send in
      582 words
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  • Article, Illustration
    Lock icon Lee, Mahathir sign accord on three bilateral issues
    520 18  -  By RICHARD SEAH IT TOOK A SECOND round of unscheduled talks lasting till nearly midnight on Monday before the Singapore and Malaysian prime ministers could yesterday morning put their signatures to a memorandum of understanding on three bilateral issues water, gas and
    Picture by YOW YUN WOH  -  520 words
  • Article
    Details of Singapore's water business to be made known to Malaysia
    490 18 DETAILS OF THE business of tresting snd selling wster in Singapore would be made known to Malaysia. This is provided for under the memorandum of understanding signed yesterday between Mr Lee Kuan Yew and Or Mahathir Mohamad. The provision
    490 words
  • Article
    Broadly-based governing body for HK exchange
    79 18 THE MANAGEMENT Committee of the Hongkong Stock Exchange yesterday resolved to establish a broadly-based governing body for the Exchange. This follows discussions with the government on the implementation of the basic recommendations of the Securities Review Committee Report. Yesterday's circular from the Exchange also
    79 words
  • Article
    Lock icon Another insider trading case jolts Wall Street
    492 18 AP THE BIGGEST insider trading case since the Ivan Boesky scandal has jolted Wall Street, this time implicating a trainee at a prestigious broking house and a Hongkong businessman who the government says made US$l9 million in illicit profit. A Securities and Exchange
    AP  -  492 words
  • Article
    Lock icon Vietnam rejects call by resistance leaders
    243 18 AP VIETNAMESE-INSTALLED Cambodian President Heng Samrin said yesterday that he rejected talks with top Khmer Rouge figures, and Vietnamese Foreign Minister Nguyen Co Thach has called on the world community to prevent the return to power of the Khmer Rouge. Speaking before informal talks
    AP  -  243 words
  • Article
    Comex silver
    96 18 COMEX silver futures rose on scattered buying by commission houses against a soft dollar early yesterday but the trading pace was subdued prior to the opening of the trend-setting Chicago agricultural commodities. July silver was up 6.0 cents at US$7.OO an ounce, which was over Monday s high
    96 words
  • Article
    Lock icon Gorbachev calls for presidential system
    441 18 Agencies SOVIET leader Mikhail Gorbachev proposed yesterday that the Soviet Union adopt a presidential system of government which would function alongside the communist party beginning next spring. Mr Gorbachev said the president would be elected by a new 2,250-member national congress to be chosen in
    Agencies  -  441 words
  • LATE FILE
    • Article
      Lock icon UK raises lending rate to 9.5pc
      55 18 Reuter BRITAIN yesterday raised interest rates for the fourth time this month, acting to damp s consumer spending boom that threatened to rekindle inflation and had also sent imports soaring. The Bank of England raised its money market lending rate half s percentage point
      Reuter  -  55 words
    • Article
      Lock icon Manila anti-nuke bill criticised
      48 18 Reuter ENACTMENT of an antinuclear bill being considered by Manila would mean the end of the US's security link to the Philippines. US Ambassador Nicholas Piatt said yesterday the current bill would "make it very difficult to manage the deterrent at the bases". Reuter
      Reuter  -  48 words
    • Article
      Lock icon Thirty more years to become NIC
      50 18 Bernama INDONESIA needs 30 more years to become a newly-in-dustrialised country, the ruling Golkar faction said in parliament yesterday. Golkar spokesman Rachmat Witular said the country needed a GOP growth of 10 per cent to reach that level; or twice the current growth. Bernams
      Bernama  -  50 words
    • Article
      Lock icon Subroto calls for long-term oil plan
      62 18 Reuter NEW INDONESIAN Opec uc-retary-genersl Subroto Mid yesterday the oil cartel should work out a concrete plan of long-term cooperation with non-Opec producers. He told a press conference before leaving today for Vienna to take up his new poet that he planned to visit
      Reuter  -  62 words
    • Article
      Lock icon Seoul to release up to 40 prisoners
      51 18 AP UP TO 40 South Korean political prisoners may be freed this week as part of government efforts to improve relations with the opposition.* According to Yonhip, the Korean news agency, and several leeding newspapers, the prisoners were expected to be released tomorrow.
      AP  -  51 words
    • Article
      Lock icon Fiji government lifts wage freeze
      49 18 Reuter FIJI'* military-backed government yesterday lifted its freeze on wage* saying the economy, shsttered efter the country's Istest coup, was showing signs of recovery. Finsnce Minister Joeefsta Kamikamica said, however, that strict exchange controls imposed after the May 14 coup would remain in force.
      Reuter  -  49 words
    • Article
      Lock icon Tokyo industrial output down
      36 18 AFP JAPAN'S industrial production in May dropped 1.7 per cent from the previous month, but rose 11 per cent over s year earlier, according to the International Trade and Industry Ministry. AFP
      AFP  -  36 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      197 18 y JL ou've endured a tiresome flight, and a talkative taxi-driver. Now you've reached your hotel. It should be a haven of peace, welcoming you to its comforts. But where's the check-in? "This last hurdle before the eagerly awaited hot bath and refreshing drink is nowhere in sight. There's plenty
      197 words
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      Page 18 Advertisements Column 2
      16 18 /+(_|(;"[|'^^.=~"&->^*!}/'|',,@ UN e#nde mvoy to Cambodia wNh nerd ptict proposal, PAQE 4 CLINIQUE SKIN SUPPLIES FOR MEN
      16 words
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  • SHIPPING TIMES
    • Article
      Nine lines form accord to restore rates in East Asian trade
      419 19  -  By JUNE LIM NINE shipping lines have come together to form an agreement to restore and stabilise freight rates in the East Asian trade. The East Asia Rate Agreement (Eara) is to regulate the trade between Singapore, the Philippines,
      419 words
    • Article
      Lock icon Bangkok port strike affects cargo-handling
      164 19 Reuter THE BANGKOK port strike entered its second day, disrupting cargohandling service provided by the Port Authority of Thailand. Several hundred strikers. mostly forklift and trailer drivers, held a peaceful rally in the port compound to press their demand for the government to reverse plans
      Reuter  -  164 words
    • Article
      Lock icon Transatlantic to start crewing project
      160 19 Seatrade Week SWEDEN'S Transatlantic Group is about to begin a nine-month crewing project, which could result in a level of 12 being seen onboard many of the company's ships. As from August this year, the 51,648-dwt Swedish registered ro-ro vessel Companion Express (ex Atlantic Express),
      Seatrade Week  -  160 words
    • PORTSIDES
      • Article
        Lock icon Cargo ship, fishing boat in collision
        68 19 AP A PANAMANIAN CARGO SHIP and a South Korean fishing boat collided early on Monday in the East China Sea near South Korea. The Korean vessel sank several hours later and eight fishermen from it were reported missing. Kyodo News Service reported. One person
        AP  -  68 words
      • Article
        Lock icon Liberian ship towed to Miami
        43 19 Reuter THE 38,511-DWT Liberian bulk carrier Da Yu Shan arrived in Miami last Saturday under tow of salvage tug Solano. Lloyd's Shipping Intelligence said the vessel was adrift in the Atlantic last week following an engine breakdown. Reuter
        Reuter  -  43 words
      • Article
        Lock icon Damaged UK ship arrives in Fujairah
        51 19 Reuter THE 138,675-DWT British oil/ore carrier Liberty Star arrived in Fujairah, United Arab Emirates (UAE), on Sunday after one of its port cargo tanks was damaged in heavy weather. Lloyd's Shipping Intelligence said the vessel was on its way from Khor Fakkan to Brazil.
        Reuter  -  51 words
      • Article
        Lock icon Conference to increase rates
        84 19 Reuter THE BRAZIL/Europe/Brazil Freight Conference said it would raise its shipping rates for timber with effect from Sep 1. The increases are due to the firmer charter market, increased handling costs and port delays, the conference said. Details of the new rates are available from shippers'
        Reuter  -  84 words
    • Article
      CONSORTIA
      163 20 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf. Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd
      163 words
    • Article
      Long Beach, Cebu want closer ties
      103 20 THE PORT of Long Beach hopes to establish "sister port" ties with Cebu. the Philippines. In a letter to the Cebu port manager, Mr Travis A Montgomery, director of trade development, Long Beach, said the Philippines is the port's 12th largest export trade partner
      103 words
    • Article
      Lock icon Turning back the clock to honour Captain Cook
      815 20 Tycoon building model of Endeavour Reuter CAPTAIN COOK's Endeavour will sail again. A team of boatbuilders is turning back the clock to recreate the tubby converted coal ship explorer James Cook sailed from England to Australia more than 200 years ago. Business
      Reuter  -  815 words
    • Article
      INDEX TO ADVERTISERS
      871 20 AB Shpg V 5 ARC Container a 1 Accord Shpg VI 3 Ahrenkiel liner xi 3 Alltrons VM 3 AC Toepler XI 5 Americon Tpt 1 4/5 Anro S*'v.ce IV 2/3 Arrow linn IX 5 Anon Oceon XI 4 Assoc Carrioge XI 5 Atlos Lin* X 5
      871 words
    • Article
      Lock icon Four seamen killed, one injured in fall
      164 20 Reuter, AFP FOUR Filipino seamen were killed and their Greek captain was injured when they tell five metres into the hold of a ship docked off Barcelona's port on Monday. The men were apparently overcome by fumes from the cargo of soybeans on
      Reuter,; AFP  -  164 words
    • Article
      Lock icon UK government gives green light for yard sale
      170 20 Reuter THE UK government has given the go-ahead for Norwegian company Kvaerner Industries to buy Govan Shipbuilders Ltd from state-owned British Shipbuilders Ltd. British Trade and Industry Minister Kenneth Clarke said the net cost of disposal to British Shipbuilders would be £25
      Reuter  -  170 words
    • Article
      Newcastle port unions threaten to strike
      292 21  -  From Kingsley Wood THE 15 port of Newcastle unions have threatened to strike if an independent management committee appointed to the port attempts to sell off its profitable operations. They described the current investigations being carried out by the state government's review committee as
      292 words
    • Article
      Lock icon Iraqi Oil Tanker Company to train staff
      198 21 Opecna THE IRAQI Oil Tanker Company has drawn up an extensive training programme to improve the skills of its national staff who now account for 87 per cent of its total personnel strength. A company spokesman said last Sunday that the number of
      Opecna  -  198 words
    • Article
      Lock icon WEEKLY FREIGHTS
      766 21 AFP A SEASONAL lack of demand prompted a further weakening of rates on the dry cargo market in London over the past week, especially on the key grain routes departing from the US. The Biffex (Baltic International Freight Futures Exchange) index closed 16.5 points lower on the week
      AFP  -  766 words
    • Article
      Lock icon More barges being used to ship goods on Mississippi
      150 21 Reuter LOW Mississippi River levels are forcing oil and chemical companies to use more barges than normal to ship their products. taxing barge supplies. Barges that usually carry 10,000 barrels to riverside refineries are being loaded with only 8,000 barrels because
      Reuter  -  150 words
    • Article
      Lock icon Damaged frigate floated
      75 21 Reuter SALVAGE TUGS on Monday floated the mine-dam-aged US frigate Samuel B Roberts onto a special cargo ship that will carry it home from the Gulf for repairs. The tugs, which had waited for three days for a calm sea to begin the delicate operation, took several
      Reuter  -  75 words
    • Article
      SHIPPING LIST where your ships are due...and when
      9015 26 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      9,015 words
    • Article
      Who acts for whom...
      2085 28 A—B AB Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg (S) Accord Shpg Accord Shpg (S) Africa Ocaan Linas Saalion Shpg (S) Ahrenkiel Linpr Kim Shpg (S) Alfred C Toepfer Oceanus Shipping Agencies (S) Mttttiport Sdn Bhd (PK) Alltrana Alltrana Express American President Lines
      2,085 words
    • Article
      LONDON FREIGHTS
      1197 28 GRAIN, coal, iron ore and time-charter business combined to make for a moderately active start to the week's chartering on the London shipping freights market on Monday, but the general rate tone for bulk carriers continued to drift lower Taiwan was the destination of two Panamax grain consignments
      1,197 words
    • Article
      IMO sets up training centres in Italy, Malta
      403 30 THE International Maritime Organisation has formed two new training centres in Italy and Malta. The first institution is the IMO International Maritime Academy, Trieste, which has been established under an agreement signed in March between IMO and the Italian government. The purpose
      403 words
    • Article
      Keppel completes Jabiru project
      233 30 KEPPEL SHIPYARD has completed a multi-task modification work on a converted floating production, storage and offloading facility (FPSO), the Jabiru Venture. Modification of the FPSO, moored in the Timor Sea to process oil from BHP Petroleum's (BHPP) Jabiru field, has raised its capacity to process crude
      233 words
    • Article
      Lock icon Fraud officers looking into advertisement discrediting Alliance
      292 30 Lloyd's List AN EXTRAORDINARY attempt has been made to discredit leading North Atlantic non-vessel operating common carrier (NVOCC) Alliance Shipping. UK fraud squad officers are investigating how a bogus advertisement inferring that llfordbased Alliance Group is in a weak financial position was printed
      Lloyd's List  -  292 words
    • Article
      Case against ship's master delayed
      111 30  -  From Kingsley Wood ALLEGATIONS of manslaughter against the master of Dutch heavy-lift ship Gabriella, which capsized in Port Kembla harbour in August 1986, could not proceed in a Sydney lower court because he had not been served with summonses. Gabriella capsized at its berth while
      111 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      869 19 TIMES STP Distributors OOCL OHJENT Overseas Cot4cjm\ LINE WWU JARCJINE SHIPPING AGENCIES (Rag No 242K4/ OOK) 200 Cantonment Road #12-05 Scuthpoint. Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL/CFS Tel *****18 220 BOOKINGS Tel *****34 235 PISAKA JARDINE SHIPPING AGENCIES SDN BHD PORT KELANG TEL *****18 Tele. No MA*****H4A*****
      869 words
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      Page 19 Advertisements Column 2
      102 19 [rare CAPTAIN COOK's Endeavour will sail again. A team of boatbuilders is turning back the clock to recreate the tubby converted coal ship explorer James Cook sailed from England to Australia more than 200 years ago. Page II THE 1 5 port of Newcastle unions have threatened to strike if
      102 words
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      Page 19 Advertisements Column 3
      790 19 TIMES STP Distributors ss MAERSK LINE YOU ARE AHEAD WITH OUR ARRIVALS FM EUROPE EVERY MONDAY To Europe—UK—Scandinavia Finland Trw n* ANNA M 8606 CkMtfig Time CY 29/6 2300 HRS CFS 29/8 1300 HRS Th« Mtk ANNA M Ctoemg Time CY 29/6 2300 MRS CFS 29/6 1300 MRS Tha Htt
      790 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      681 20 u_ Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON 31/6 HAMBURG|BREMERHAVEN ROTTERDAM/ ANTWERP HAMBURG EXPRESS LA SEINE BENALDER KURAMA MARU BENAVON OSAKA BAY KAGA ALSO ACCEPTING CARGO TO; AU. UK INLAND DESTINATIONS, BELFAST, DUBLIN. COPENHAGEN, AARHUS, GOTHENBUR6, MALMO, HELSINKI, OSLO, AMSTEROAM. CARIBBEAN A S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT CALLING
      681 words
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      Page 20 Advertisements Column 2
      98 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. [E3 C S A V CorrpjnuSudAmcriCjnj dcV'jporcs S A SERVICE to/from CHILE FEEDER VESSEL SPORE MOTHER VESSEL NK CSAV 1 4/7 DELAWARE GLORY 14/7 V HIO EB CSAV J lt/7 CAR CARRIER 2
      98 words
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      Page 20 Advertisements Column 3
      423 20 AmTransI AMERICAN TRANSPORT LINES, INC. U. 3. EAST COAST, CENTRAL/SOUTH AMERICA, CARIBBEAN/MEXICO i: iv j' Irrm rrra rrw i 1 '.v■ r:!: 11> i rrrm loicaLzaaii iemebeieu BY FEEDER VESSEL ACCEPTING CARGO TO ATLANTA, SAVANNAM. BALTIMORE. MIAMI, TAMPA. OTHER U S EAST COAST PORTS ON REQUEST ALSO ACCEPTING CARGO TO
      423 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      918 21 -h The Straits Steamship Group m STRAITS SHIPPING Singapore to Sebeh, Sarawak, Brunei Ports and Bangkok tat P&O Containers COWTAIf€RSHIP SERVICE TO UK/CONTINENT: PEGASUS PROGRESS VSMN PEGASUS PROGRESS VS3SN SPORE B'KOK In Port/M J"» 68-B4 Jul mm Jul u-12 m BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****00 r«« p.n«c rtn
      918 words
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      Page 21 Advertisements Column 2
      693 21 NOTICE b EAST/ Notlec to Shippers CURRENCY ADJUSTMENT FACTOR Reference is made to the press announcement on 22nd June, 1968. A review of the latest currency values in June has resulted in a radical downward adjustment of the Currency Adjustment Factor from Singapore and Malaysia. The above Conferences, therefore, wish
      693 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      404 22 Vi HISINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore S/7 Loading forBANDAR ABBAS JAPAN/KOREA SERVICE Singapore 7/7 Loading for:JAPAN. KOREA KYOWA LINE PNC/S. PACIFIC SERVICE Singapore Loading for: A VESSEL 15/7 LAE, PMB, RBL, HRA MICRONESIA SERVICE HK LOAD FOR OCEANIA EXPRESS V-17 16/7 GUAM,
      404 words
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      Page 22 Advertisements Column 2
      856 22 BC&line twt tMVPmt CWATHU P FULLY CONTAINE RISED SERVICE BU LA OAK SEA 16/7 28/7 31/7 ,«/7 26/7 25/7 5/8 8/8 21/7 2lt W 5/8 8/8 22/7 9/1 30/7 11/1 14/1 28/7 9/8 ftMPOTHER VESSEL CCN «SE/HANJIN POHANC BE CCN 4SE/KOKEAN WONIS ONE 8K HKC 55E/KOREAN WONIS SEVEN 52E HKC
      856 words
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      Page 22 Advertisements Column 3
      287 22 FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY KARACHI; £TA 4/7 22/7 AUSTRALIA/ NEW ZEALAND SYDNEY, MELBOURNE FtEMANTIE AUCKLAND, WELLINGTON, LYTTLETON, DUNE DIN NAPIER EUROPE HAMBURG. ROTTERDAM FEUXSTOWE, LONDON Aho accepting to: Scandinavian European inland dntn. 5/7 A 11/7 5/7 A 13/7 7/7 23/7 9/7 14/7 EURO-AFRICA SERVICES FOR:
      287 words
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      Page 22 Advertisements Column 4
      795 22 m EVERGREEN Full Confjmer Spruce EVU GROWTH EVEN GUANO EVU GIFTED EVER GLAMOUR EVU GENUAL EVER GLOBE Round-The-World Eas! Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTING CARGO TO: 1) FROVIOENCE. NEWARK. SAVANNAH. ROSTON PHILADELPHIA. NORFOLK. JACKSONVILLE. WILMINGTON. RERMUOA. ETC 2) ATLANTA CHICAGO DETROIT, COLUMBUS OTHER MAJOR MttBOBBWg DESTINATION I) CRISTOBAL BALBOA. PAMt> CITY.
      795 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      806 23 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE SIN BY MM VOY ii■/vr HOT A CAOLC BCA DMAOON BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE UN PCM SLW PKL Ml •M In Pt
      806 words
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      Page 23 Advertisements Column 2
      481 23 \a BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT I*7 ap ap ap ap up up ap ap tir ap w ap ap a/7 ap ap op vp ap op l» 44 4* M m m m UN m UM M MN MN 12N MN MN UN an an an
      481 words
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      Page 23 Advertisements Column 3
      404 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI P.T. 6ESUM LLOTB P.T. SMNKIA IMONESU P.T. TMKOM LLOYI EXPRESS SEMI CBRTMNERSNIP SERVICES VSL/VOY S. PANJANG/19WB 'A' VESSEL KUTAI/ISWB S PORE BILBAO ANTWERP R DAM/ADAM 10-12/7 M 2S-2*/7 27/1 lfc-lM 11/9 H'BUM/ BREMEN Sublet to Indue*m*ot Atoo accopMng cargo to CmiMiim,
      404 words
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      Page 23 Advertisements Column 4
      203 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S port P.KsUnt Pwnng Bat 9 tmft M V» BANK UNE amMnwiMiM TAMAITAI SAMOA VI3N WJ Up 22$ 1M FORTHBANK V22N li M M IVYIANK V22N lsl BT" "IK 5rT •*«> (PNG ports: KMT T/S; ALOTAU, OROOAY, WEWAK,
      203 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1049 24 Q K LIN* KAWASAKI KISEN KAISHA, LTD. N. AMERICA-ATLANTIC COAST NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP VOY *INDO 15 26/6 20 3/7 9 I(V7 9 VOY LB 14 21/5 19 a/5 I 4* I 11/6 •PK/PNG 27* 4/7 11/7 •PK/PNG
      1,049 words
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      Page 24 Advertisements Column 2
      497 24 •M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers V. NANWNI V.S2H TIGER BAT V B VISMVA PAR MAI V*N ORIENT SUCCESS V.UB FREMO SMIUS VC-1 INDIAN COURIER VON TIGER BAY VJM KRISSA V.CJ ORIENT SUCCESS V.UI tO. BANIPUR VJM T i BAY V.«■ ORIENT SUCCESS VOU INOIAN COURIER VIM TIGER
      497 words
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      Page 24 Advertisements Column 3
      598 24 GOLDEN LINE GUAN GUM SUPPING (PTE) LID I a. TtM Avar SCBBt "4 SINGAPORE OM4 TU OUM (II LINES) Fu SJ4JW STRAITS/PERSIAN GULF SERVICE: S por. P Mia* Psna* GOLDEN WONOER Karacht/Dubai/Oarwnam 8/9 July QOLDEN NAVCN Cotombo/KaradM/DubSi 21/29 July CHINA SERVICE •AI TUN SHAN SXanfho 2/3 July A VESSEL 10/11
      598 words
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      Page 24 Advertisements Column 4
      523 24 PHILI Oni€NT LINCS PT€ LTD M£ AD OFFiCf 63 ROBINSON ROAD -07 12 AFRO ASIA BUILDING SINGAPORE 0106 Ttlf* RS ***** PHILI FAK ??b%76 EUT/FU EAST FCI ft 1 Q rn LATTAKIA KMNAZI, ALBM tripou, Alexandria, port said, mucus. CASABLANCA, LiNMASOL VALETTA, ADEN, tNMftl fci ft lcl same* LDN FSTOWE.
      523 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      858 25 NOL SWi NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/StA Owwral Enquiries: Tol: 17M077 Tal No Tarminal CFS ROOKINCS Z7K7S *****2 man *****53 27*u» mn S«UI 27H1M PMana NEPIINE SON BHD XW INWARDOUTWARO nl ENQUIRIES 2717*44 NEPTUNE ORIENT LINES LTD SS" SSSSSS umutnmiiiMiitrmt J Bahru NEPLINE SON. BHD. 236M/23SM1 /mm fuuy
      858 words
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      Page 25 Advertisements Column 2
      387 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. KEELUNG, BUSAN. INCHON WEF JUNE;. 1) BUSAN BJNQAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE II SERVtCEII VmmTi Name ETOBS SPOKE PKELANC WE BUSAN HO JI Nol \Mt 01-43/07 04-05/07 U-U/07 7WJ7 •ttorU/OOIW 2VN OMM7 01-10/07 It-1407 23-31/07
      387 words
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      Page 25 Advertisements Column 3
      741 25 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 Tele* Numbers RS ***** RS ***** RS ***** rINANC p KELANC handling SYSTEM CO SON MO CibteS JAYAPOH PtNANG. TH. 6Z2944 MA ***** Mo 14
      741 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      311 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 <30 L.nes FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD Vfc-B DEUTFRACHT/SEEREEDEREI ROSTOCK 'Actaptinf cafgt for Hm| Kong. Buun. Tokyo md Koto. REGULAR CONVENTIONAL SERVICE TO EUROPE BOUENBURC ym HALLE m Li.: ;«Pl| i dr l
      311 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      176 26 Regional Weather *> > r m > I e 1 "S 1 W: 91 M :-4 2S ss m S /< f 1 < Is.SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. June 29, 1988 LEGEND Wind direction with speed in knots Wove height R Thunderstorm Temperoture c J. s^
      176 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      470 27 •>FARCO SHIPPING COMPANY (PTE) LTD. No 15 Hoe Chiang Road #13-02 Sanford Building, Singapore 02C8 Tel *****22 "H* ***** FASCO ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND vs. an IP n |j, Trrt [qm 207 E MuA| 201 12 DAYS TO MELBOURNE! TO USA/CANADA Alto accepting car jo toUSA —Houston, Savannah.
      470 words
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      Page 27 Advertisements Column 2
      263 27 fcCSP' CSP SHIPPING AGENCIES PTE. LTD. i Tel: *****66 (16 Lines) Fai: *****15 LCL FIXED TWICE WEEKLY CONSOL NAGOYA CHINA, HONS KONG, BANGKOK, KEHUNS, HAMMING, KOBE, MANkA, BItSAN, INCHON, TOKYO, YOKOHAMA, OSAKA, COLOMBO, CALCUTTA, FELIXSTOWE, HAMBURG, BOMBAY, SYDNEY, MELB, KARACHI, CMTTAGONG. LEGHORN, JAKARTA. NAGOYA, GOTHENBURG. ALL EUROPE BASE PORTS ALL
      263 words
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      Page 27 Advertisements Column 3
      558 27 111 J l AT CONVENTIONAL WHARVES Berth Arrival Departure KEPPEL WHARVES Continent I federal fop fronces Boy Koto Wiramo NAa»o'o»r Qi'tghecheng Ra,oh Brooke Soud i»yodti S'thern Ou>ser Yuheng No 2 Krit Me<eia AohuO(.a"g Equator V Kapm MeH»ko Joyo Tro«s f|o'd PASIR PANJANG Armodo Sotya B-ntong Belo.t Concord Dots*" Noga 22
      558 words
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      Page 27 Advertisements Column 4
      186 27 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 cn a n i IJ—mlJ ojjjj j —%if n nl —i gj j n Algerian National Line MV BEL ABBES MV BECHAR S PORE LOADING FOR 15/7 JAPAN 20ft JAPAN ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE
      186 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      594 28 fine-liner shipping 'raa PTE LTD 1 10 Wiy 04 0?C Mtrini Home Spore 0707 I TEL *****77 (8 Lines) TLX RS ??W1 FLINER FAX *****56 EUROPE SERVICE ,<fTST»iii<v r.'ii.ijjrrrnm iw w M lIM iim TW| l»7 111* JM 122* 2M 2M FAR EAST SERVICE ik Hamburg West Germany Tiger Line
      594 words
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      Page 28 Advertisements Column 2
      441 28 ZIM FULL CONTAINER SERVICE accepting FCL'ICI cjrjoM to USA E»t West Coast. Carribbean East Canada HAITI Costa Rica. El Salvador Guatemala Honduras. Venezuela Peru Ecuador. Colombia via Miami Trinidad. Barbados Antigua. St Lucia. Montserrat. Guayana via Kingston ZIM KAOMSIUNC W 31/7 ZIM SYDNEY 21/7 10/1 ZIM TRIESTE VI Hit IW
      441 words
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      Page 28 Advertisements Column 3
      666 28 stesv COMPANIA PERUANA B OE VAPORES Q 5 "PERUVIAN STATE LINE" IS COMPANIA PERUANA \jSS& DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. »W>r p. Kttair Sinfjpon JOHNIVERETT 11/12 Jgl
      666 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      327 29 Seabrfra w VSSKSF^JS m SEABRIDGE TRANSPORT SINGAPORE MALAYSIA (A member of the JEURO GROUP of COMPANIES, Japan) Singapore: *****11 Tlx: R*****1 SEAAfI Fu *****90 Warehouae at PSA Multistorey Complex *****06 Maiayaia: *****33 Tlx: MA***** Fax: *****68 -1C 0N S O LID AT lONA C O 1L 0A WEEKLY FROM Singapore
      327 words
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      Page 29 Advertisements Column 2
      261 29 r»L- Consolidation Service NEW CALEDONIA TA SIN 5/7 NOUMEA 9/8 PAPEETE 20/8 MAURITIUS REUNION ISLAND SIN 6/7, 1/7 PORT LOUIS 16/7 REUNION 13/7 FRANCE SIN 14/7 MARSEILLE 30/7 LE HAVRE 13/8 TRANSTAINERS delmas-vieueux WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TTA Freight Pte Ltd
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      Page 29 Advertisements Column 3
      367 29 k 1 i L 1 i\ I i L TEL: *****11 FAX: *****47 TELEX: R8 2041• SKHST LCL/FCL SERVICE VESSEL A VESSEL S PORE I NOUMEA 20/7 I 2/9 Also accepting ratgo to KEEIUNG KAOMSIUNG CM'NA ivta HONG KONGI P KEI ANG BUSAN 4 JAPAN E MALAYSIA I BRUNEI PORTS
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      478 29 GLORY NAVIGATION GROUP BEBULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' GLORY SELATAN VII Vl3 CLORY SELATAN VIII PKL PR BLW KAOH X* 2W July 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN
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      Page 29 Advertisements Column 5
      346 29 PTC CONTAINER LINES FCL LCL SERVICE PIC G«OUP SjN FUEAIT 3/7 KEELUNG/KAOHSIUNG 4/7 BANGKOK 5/7 MANILA 2/7 JAKARTA 2/7 PORT KELANG/PENANG 7/7 BUSAN 4/7 TOKYO/YOKO/KOBE 5/7 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/ Xingang/Shanghai {IN EBMPE 5/7 RDM/HAM/ANT/L£ HAVRE/GENOA Iffl WA/CAMIA 3/7 L.A./NYC/SFO 3/7 VANCOUVER/TORONTO/MONTREAL B C/CJ- CARGO IN
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      Page 30 Advertisements Column 1
      295 30 UL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX HS ***** RS ***** t I \sl IK\ K I I\l K III) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! Yokohama M*ji •Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN ft CHINESE
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      346 30 'inf Halifax, Montreal, Toronto, Now York, Savannah/ FRENCH W. India* Fart Da Fi New Orlaan*. Un.ntnnMti j-j nwNnvMiiu Vara Cruz, Haiico City ranee, Pomtro A. Pttra, Day ad o COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SENO-CONTAPCR SERVICE TO *1 NO TO UKC fir (ASIA-SOUTH PACIFIC JOINT
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      75 30 WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK LONDON, MARSEILLES Agent MHON-MU SHIPPING (S) PTE LTD Tel: *****88 (8 Lines) Tlx: RS ***** SIN CHIfIO SHIPPING AGENCY PTE L"f u FOR BOOKINGS TEL *****81 TLX ***** NEWSHIP Singapore/China Direct Sorvke rpm MV YUHCNG2 111 Port S'port Loading Far In Port
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      Page 30 Advertisements Column 4
      766 30 CALL US AT: P. KELANG PENANG J. BAHRU P. GUOANG SINGAPORE K. LUMPUR 04-*****2/4, *****3 *07-*****8 ♦07-*****3, *****5, *****0, *****1 (02-*****22 *****88 t WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER IT7T 'nF""."T > tUTANC I BUTANC B. BUTANC U. 07 MJ| U aw u.s um IOi: 3 li'iill rtiV
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