The Business Times, 14 July 1988

Microfilm: NL16221
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, JULY 14, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    262 1 AFP Dow higher THE NEW YORK stock market edged upward yesterday in a drifting summer session. The Dow Jones Industrial Average rose 2.84 points to 2.095.48 in the first half hour of trading. Gainers outnumbered losers by about 5 to 4 in the early tally of New
    AFP  -  262 words
  • Article, Illustration
    Asian markets finish on cautious note
    231 1 CAUTIOUS SENTIMENT ahead of the release of US May trade figures this Friday pushed share prices lower in most regional markets yesterday. Trading on the Singapore stock market under the new trading system was once again disrupted by hardware failure. Share prices of quality
    231 words
  • Article
    Greenback finishes steady in quiet trading
    102 1 THE US DOLLAR finished steady in quiet trading against major currencies in the Asian foreign exchange markets yesterday. Most dealers refrained from taking large positions ahead of the testimony late last night by Federal Reserve chairman Alan Greenspan to the US Congress. In Tokyo,
    102 words
  • Article
    Lock icon Hearing today on tribunal's status
    379 1 AFP MALAYSIA'S Supreme Court will sit today to rule on whether a tribunal should be allowed to advise the King on the fate of top judge Tun Salleh Abas, court officials in Kuala Lumpur said yesterday. It will be the first Supreme Court sitting since
    AFP  -  379 words
  • Article
    Sassoon Holdings granted OHQ status by MAS
    482 1  -  Record profits in financial year 1987/88 for MAS By LEONG WEN WAH LOCAL FINANCIAL services group Sassoon Holdings has been granted operational headquarters status by the Monetary Authority of Singapore. This was disclosed yesterday by an MAS official during a press briefing on
    482 words
  • Article
    Lee, Takeshita agree on need for NICs talks with developed nations
    576 1  -  By LOH HUI YIN THE PREMIERS of Japan and Singapore are agreed on the need for the newly-industrialis-ing countries (NICs) to start talking seriously with the developed nations about trade imbalances. This agreement was reached when Mr Noboru Takeshita
    576 words
  • Article
    Lock icon Court adjourns DAP opposition leader's case
    179 1 Reuter THE PENANG High Court yesterday accepted a government appeal to adjourn the case of the leader of Malaysia's main opposition party, who is challenging a two-year detention order. The acting secretary-general of the Democratic Action Party, Lee Lam Thye, said the adjournment had
    Reuter  -  179 words
  • Article
    'Growth likely to exceed forecast of 6 to 7pc'
    242 1 ECONOMIC growth this year should exceed the official forecast of 6 to 7 per cent, in the Monetary Authority of Singapore's view. An MAS official said it would not be "too optimistic" to say that Singapore would enjoy more than 6
    242 words
  • Article
    Lock icon Canon yields to European action
    54 1 AFP THE EUROPEAN Community has removed Canon Inc of Japan from a list of companies punished in a landmark anti-dump-ing action in March against so-called "screwdriver plants" after the company gave an undertaking on prices of its electronic typewriters assembled in Brittany, informed sources said
    AFP  -  54 words
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      87 1 A TIENGOUKTif SICHUAN CUISINE (A it King's Hotel Havelock Road Singapore 0316 Tel: 733 0011 Full report, PAGE 14 Regional Mkts, PAGE 16 World Mkts, PAGE 17 BARuiu.. Begin Your Busy Day Right Start off on a right note in the morning. Use Braun micron foil shavers: recognised worldwide as
      87 words
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      Page 1 Advertisements Column 2
      346 1 Smoke gets in your eyes THE WAR against smoking will change the way business is run and operated. It will affect the careers and jobs of people who indulge in it. Yet few people, especially the smokers, can see the writing on the wall, says columnist Seah Chiang Nee on
      346 words
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      Page 1 Advertisements Column 3
      187 1 Banks moving away from overdraft landing, PAGE 9 Where is the market going? WE GAZE at the charts for a reading on the trend for the next six months In a 24-page special supplement on the Stock Exchange of Singapore. TOMORROW, with your copy of Business Times. PLUS BT Top
      187 words
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      Page 1 Advertisements Column 4
      14 1 [?,\-:-\`{--!]`*.*`._!>}%-/~~\- Shipping Times comes as a separate section today. Make sure you get your copy.
      14 words
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  • HOME NEWS
    • Article
      Mobil dealers unhappy about credit scheme
      562 2  -  Fleet Card scheme claimed to have hit profits By PAUL GOPAL TWO YEARS after oil company Mobil introduced a petrol sales credit card for corporate customers, some of its dealers are claiming the scheme is designed to squeeze them out. A spokesman for the
      562 words
    • Article
      GE aeroengine repair unit to invest $6m in local operations
      468 2  -  By MARTIN SOONG GENERAL ELECTRIC Aviation Service Operation is putting $6 million more in new machinery and facilities this year, a move which will push the Loyangbased aeroengine component repair specialist closer to optimum plant and workforce capacity. Just a
      468 words
    • Article
      HDB in joint project to study corrosion
      216 2 THE HOUSING and Development Board will join forces with the Port of Singapore Authority. Singapore Institute of Standards and Industrial Research and the university to study the prevention of corrosion in structures. The project is part of the Asean-Japan Cooperation Programme on Materials
      216 words
    • Article
      SPH installing $7m fax system to link editorial offices, presses
      253 2 SINGAPORE PRESS HOLDINGS (SPH) is to install a $7 million facsimile system to link the group s three printing sites in Jurong, Genting Lane and Kim Seng Road with the editorial offices. "The objective is to bring newspaper events to
      253 words
    • Article
      Second Comtec show to be bigger in scale
      287 2 AFTER LARGER exhibition organisers had given up on microcomputer exhibitions, UP Services has found success with its modest show, Comtec. Comtec '88. which is only the second show in the series, will be 50 per cent larger than last year's show in
      287 words
    • Article
      Encouraging overseas sales of S'pore art
      133 2 TWO SINGAPORE art galleries which held exhibitions in London and Hongkong recently enjoyed encouraging sales, said Mr Yeo Seng Teck, Trade Development Board s chief executive officer. According to Mr Yeo, what is more important, however, is that the exhibitions. assisted by TDB. aroused
      133 words
    • Article
      MEMO PAD
      574 2 ft: •urn CAHNERS EXPOSITION GROUP 1 EZOMHLvJ Tel: *****13 Tlx: RS ***** CEGSP Fa*: *****66 J Jul 26 National Certificate National NPB Institute *****66 (commencein Supervision Productivity for Productivity ment dote) Board Training Jul 26-27 Monoging the Data Institute of Institute of *****04 Resource Systems Science. Systems Science
      574 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      75 2 The Sichuan experience with the Meisan difference Of kJK i3s ferSU 1 Savour the finest Sichuan aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art of fSjrai IICTCAM truemjoyrnent. *g MEISAN At the Meisan. [ffil fffj SZECHUAN RESTAURANT IXstitu. tnvly Sichtuin, instinctively Mt'ivm if:
      75 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      112 2 Max/ Note Min (°C) 15/08 Cloudy 18/12 Cloudy 34/24 Clear 37/29 Clear 34/26 Clear 27/25 Cloudy 29/22 Cloudy 22/15 Cloudy 31/24 Clear 25/21 Cloudy 21/15 Fine 23/09 Cloudy 25/16 Cloudy 24/12 Cloudy 15/-2 Fine 26/19 Cloudy 32/18 Cloudy 22/13 Clear 33/21 Smoke 18/11 Cloudy 30/13 Clear 29/17 Clear urtav 25/19
      112 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Australia to call for freeze on agricultural subsidies
      197 3 AFP AUSTRALIA will call for an immediate freeze on agricultural subsidies and a global reduction in agricultural supports at the Gatt ministerial conference to be held in Montreal in December, a confidential document in Geneva revealed on Tuesday. In the document, titled
      AFP  -  197 words
    • Article
      Lock icon Opposition rally calls for elections in Pakistan
      231 3 AP ABOUT 200,000 people marched 22 kilometres through Lahore yesterday in a rally called by the nine-party Pakistani opposition alliance to demand that President Mohammad Zia-ul-Haq call elections. "You still have an opportunity to give to the nation their right of a free,
      AP  -  231 words
    • Article
      Lock icon Tokyo opposition chief implicated in scandal
      261 3 AFP JAPAN'S Democratic Socialist Party (DSP) leader Saburo Tsukamoto has said one of his secretaries was involved in a share scandal, thereby becoming the first opposition figure implicated in the affair. He told journalists late on Tuesday that one of his secretaries had bought
      AFP  -  261 words
    • Article
      Lock icon Iran may not get enough votes to condemn US
      180 3 AFP IRAN cannot muster enough votes in the Security Council to condemn the United States for shooting down an Iranian airliner with 290 people aboard, diplomatic sources say. Seeking to avoid a confrontation in the Security Council, both nations agreed to
      AFP  -  180 words
    • Article, Illustration
      Lock icon Sihanouk reimposing authority, say aides
      221 3 Reuter, AFP FORMER Cambodian leader Prince Norodom Sihanouk is seeking to reimpose his authority as head of anti-government forces with a series of surprise moves, his aides say. He arrived in France on Tuesday for a self-imposed "exile", although his aides said the 65-year-old former
      Reuter,; AFP  -  221 words
    • Article
      Lock icon S Korean party plans to seek coalition
      440 3 Reuter SOUTH KOREA'S ruling Democratic Justice Party (DJP) plans to seek a coalition with one of three opposition organisations after the September Olympics, the national Yonhap news agency said on Tuesday. DJP secretary-general Park Jun-Byong discussed the move with President Roh Tae-Woo on
      Reuter  -  440 words
    • Article
      Lock icon All ready for the Games but no hotel rooms? Don't worry, go for the 'yogwans'
      345 3 Reuter A CHRONIC SHORTAGE of hotel rooms during the Olympic Games has become a major cause of concern in Seoul. But there s still room at the inn. Almost 17,000 rooms at 76 tourist hotels
      Reuter  -  345 words
    • Article
      Lock icon Seoul wants US to lift Pyongyang curbs
      328 3 AFP SEOUL will ask Washington and Tokyo to lift diplomatic restrictions against North Korea to follow up on President Roh TaeWoo's proposal for improved North-South links, reports said on Tuesday. The government would ask the United States and Japan to lift their restrictions
      AFP  -  328 words
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      201 3 f 7 F Jf Imhh a* #/P -5 f&. fci- ;f M .V* ■WHH «a IkSGm *Q. 7r i T ;> < f .r «n JR? V > v H Tffc Ox J| '-"HW* > jkrf SJ n -7 ~J* >V-'-3r-•:a > 1 i M 4 *r K jflgi' ■V
      201 words
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  • REST OF THE WORLD
    • Article
      Lock icon Washington rejects two Gorbachev proposals
      407 4 AP THE US State Department has flatly rejected a proposal by Soviet leader Mikhail Gorbachev for a meeting of European leaders to achieve movement on reducing conventional arms. Spokeswoman Phyllis Oakley on Tuesday called it "an attempt to divert attention from the business at hand".
      AP  -  407 words
    • Article
      Lock icon No Soviet pullout from Hungary
      94 4 AFP THE Soviet Union has quashed rumours that it planned to withdraw its forces from Hungary. Foreign Ministry spokesman Vadim Perfiliev said on Tuesday that the Kremlin did not see why it should take "unilateral" steps over withdrawing conventional forces from Eastern Europe, when Soviet
      AFP  -  94 words
    • Article
      Lock icon Carlucci cautions defence contractors
      300 4 AP US DEFENCE SECRETARY Frank Carlucci has warned defence contractors that their weapons' programmes may be suspended if tainted by the Defence Department bribery investigation. Mr Carlucci said on Tuesday that there were "fundamental flaws'' in the Pentagon's weap-ons-buymg system but opposed a proposal to establish
      AP  -  300 words
    • Article
      Lock icon Drought expected to cut US corn harvest by 26pc
      264 4 Agencies THE US Department of Agriculture (USOA) has predicted a 26 per cent decline in this year's corn harvest due to the drought. Senators from farming states have also unveiled a legislative blueprint for payments of up to US$lOO,OOO to prevent
      Agencies  -  264 words
    • Article
      Lock icon Last US Playboy Club to close
      300 4 Reuter AMERICA'S last Playboy Club will close at the end of the month, formally ending the era of buxom waitresses in bunny tails. Playboy Enterprises said on Tuesday it would close its club in Lansing. Michigan's capital, on July 31. It said it chose
      Reuter  -  300 words
  • Article
    DAILY AIRCRAFT MOVEMENTS
    674 4 ARRIVALS Operator S»rvic« Local From numb*r rim* SiA S023 1340 AMS/ZRH SIA SQ109 1405 KUl SiA SQ45S 1410 IWN THA TG405 1415 BKK/HKT GIA GA962 1435 CGK SIA SQ6I 1435 BKK THA TG413 1450 BKK CPX CX713 1455 HKG/BKK MAS MH61 1 1505 KUl MAS MH633 1520
    674 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      190 4 I I||| T r I The business person's choice, every I I II 111 I Tuesday. Thursday. Saturday ond I Mm \1 Ml \1 II M Sunday. Leaving Changi Airport at J- A 22 05 hours and arriving at Lester B Peorson International Airport the following day Call your Travel
      190 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      40 4 Doonesbury Si HZY, CHARLIE! PIP YOU HEAR THBYMAY dB BUSTING SOMS mors mrm House guarps for posses Im s I iy 111 m Zr kLg sSm# «v at Ay 4 ft' u a g N$«&JL«k S3 S&i BY GARRY TRUDEAU
      40 words
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  • FOCUS
    • Article, Illustration
      Lock icon The businessman's Democrat
      756 5 Senator Lloyd Bentsen, proposed as the Democratic Party's vice-presidential candidate, is a self-made millionaire. The 67-year-old nattily-tailored Texan has been called aloof and patrician by those who find his reserved style at odds with the back-slapping, hand-grabbing manner of politicians who roam the halls of Congress. These
      AP  -  756 words
    • Article
      Lock icon Dukakis goes for broke in Texas
      617 5 NYT NO ONE THINKS of Michael Dukakis as a big risk taker. But his choice of Texan Lloyd Bentsen as a running mate represents a series of gambles that the Massachusetts governor's admirers see as bold and his detractors see as dangerous. The gamble
      NYT  -  617 words
    • Article
      Lock icon Bush expects to do better among blacks
      358 5 Reuter VICE-PRESIDENT George Bush has told black leaders shocked by Michael Dukakis's rejection of Jesse Jackson as a running mate that "I'm going to do better than people think" among black voters. Bush made a strong pitch for black votes in a cordially
      Reuter  -  358 words
    • Article
      Lock icon Jackson manages to keep emotions in check
      312 5 Reuter BLACK CIVIL RIGHTS leader Jesse Jackson says he is too controlled and too mature to be angry because he has been passed over for the Democratic vice-presidential nomination. After saying on Tuesday that he would not comment on Democratic presidential candidate Michael
      Reuter  -  312 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      106 5 i itv U I I, > t'? f .<N F» f J >• i", r i ,1 W 'i t. i i sf SS¥T P» V rj&gF j ■fife i w -f < r rl *< it si 1 4 v&wmi, ■■j:m ■fm. -k rTt- r —T.ti 9 if¥ spii
      106 words
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  • COMMODITIES
    • Article
      RAS and MRELB
      290 6 R AS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 248.00 249.00N 246.00 247.00N Int 1 RSS Aug 88 248.00 249.00N 246.00 247.00N Int 1 RSS Sep 248.50 249.50N 246.50 248.50N Int 2 RSS OP 248.00 250.00N 246.00
      290 words
    • Article
      SSR and SMR
      76 6 (cents, kg) RAS SSR 20 SSR 50 MRELB SMR CV SMR L SMR 5 SMR GP SMR 10 SMR 20 SMR SO AUGUST 1988 (current month) NOON Buyers Sellers 223.00 225.00N 221.00 223.00N Buyers Sellers 505.00 507.00N 505.00 507.00N 309.00 311.00N 317.50N 284.00 286.00N 281.00 283.00N 279.00
      76 words
    • Article
      Lock icon Rubber
      382 6 Reuter SINGAPORE Rubber prices closed lower yesterday with August 1 RSS buyers quoted at 246.00 cents/kilo, down two cents from Tuesday's close, dealers said Prices were marked down two cents at the outset following Tuesday's af-ter-hours easiness, but recovered slightly at midday on short-covering in moderate trading. Prices fell
      Reuter  -  382 words
    • Article
      Lock icon KL Tin
      212 6 Reuter THE price of tin on the Kuala Lumpur Tin Markat (KLTM) roaa flva cants yastarday from Tuesday's doaa to M 518.86 a kg, aftar a short trading session, daalars said. Prlcas rasumad thair riaa aftar Tuesday's technical correction, on renewed buying by European and local tradera in
      Reuter  -  212 words
    • Article
      Oil and Products
      69 6 Prices took another beating after a report on inventory levels in the US proved bearish. There is still more downside potential. N#w Tort doM pr**«OM dor Products (FOB S'pore) USI/Wr* Oang* Kefowne 17.45 •0 10 Goto*) 16.75 ■0.30 Low Wa«r llWtM. LSWf 12.30 urn* Noptoho 1395 0
      69 words
    • Article
      Lock icon Precious Metals
      246 6 Reuter HONGKONG: Gold closed slightly lower yesterday in active trading. Bullion ended at U*****.00/50 an ounce, against an initial 437.30/80 and New York's 437.00/50 close. On the local market, gold rose HK$6 to close at HK54,079 a tael. Coins were generally higher, with the Krugerrand rising HK$l5 to
      Reuter  -  246 words
    • Article
      London markets
      290 6 London Commodity Exchange Buyer/Seller closing prices on July 12 (£/foone unless specified). Previous closing prices in parenthesis. Coffee (ash in-ttore London, sellers option CIF London Jul 1078/1082 (1090/1100) High/Low 1100/1078 S*P 1101/1102 (1123/1124) High/Low 1123/1100 (2491) Cocoa Jul 1015/1018 (987/992) High/Low 1020/999 Sep 1030/1032 (1002/1003 High/Low 1040/1003 So
      290 words
    • Article
      Lock icon Palm Oil
      425 6 Reuter Reuter MALAYSIAN CRUDE PALM OIL FUTURES moved erratically yesterday before closing higher on late covering and speculative buying interest, dealers said. The move upwards came in anticipation of a rise in yesterday's Chicago soyoil futures values following a lower US soybean production estimate. Firmer overnight soyoil prices
      Reuter  -  425 words
    • Article
      Produce Prices
      239 6 Chinese Produce Exchange Sellers' noon dosing prices on July 13 (SS/100 kg) Coconut oil Bulk FOB 128.00 Old drum FOB 142.00 New drum FOB 138.00 Copra Mixed (loose) 72 1 a .a Pepper Muntok white FOB NtW 952.50 Sorowok white FOB foq NtW 937.50 Sarawak special block FOB
      239 words
    • Article
      Lock icon Soybean
      95 6 Reuter SOYBEAN FUTURES closed with gains of 21 to six cents per bushel in nervous trade on the Chicago Board of Trade on Tuesday. July posted a 25 cent range on the day. Soyproduct futures held early gains most of the day to end near the highs. Soymeal futures
      Reuter  -  95 words
    • Article
      Lock icon Wheat
      83 6 Reuter SOFT red winter (SRW) wheat closed with gains of 13-1/2 to 8-1/4 cents per bushel in moderately active, choppy trade on the Chicago Board of Trade on Tuesday. July closed at the upper end of its 12 cent range. CBT corn futures closed with gains of 17-3/4 to
      Reuter  -  83 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      147 6 Manufacturer Verbatim Marketing (Singapore) Pte Ltd 3 Lor Baiutr Ba'j Bri<jh*iway Sinoaponf i i <4 lei 74*7320 1 Fax (6 c i ******,. T.a VEF.'IM P '77 V y V. First Floppy WiTH Teflon™ x protects your data from everyday hazards of office life. Now, coffee spills, fingerprint smudges and
      147 words
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      Page 6 Advertisements Column 2
      56 6 A 5200,000,000 Euro-Commercial Paper/ Non-London Certificate of Deposit Programme Security Pacific Australia Limited As guaranteed by: Security Pacific National Bank, London Branch Arrsngsn Security Pacific Hoare Govett Asia Limited Peslsrs: ANZ Securities Asia Limited Banque Nationale De Paris Security Pacific Hoare Govett Asia Limited Wardley Limited tolling and paying agant:
      56 words
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  • MONEY AND EXCHANGES
    • Article
      IMM
      197 7 IMM currency futures were higher but confined to narrow ranges in early activity on Tuesday. Commission house and light dealer buying contributed to gains in yen futures, but traders said there were few fresh fundamental factors to provide direction. Many participants took to the sidelines ahead of the release
      197 words
    • Article
      Comex gold/silver futures
      157 7 Gold futures on July 12 100 troy ounces; USS per troy ounce Opon High Low Sottto Jut 437.00 2.40 Aug 433.50 438.80 434.20 438.70 2.30 Sop 441.40 2.30 Oct 441.00 444.20 439.80 444.20 2.20 0»c 446.50 449.80 445.20 449.60 2.10 Fob 452.30 454.20 451.50 455.20 2.00 Apr
      157 words
    • Article
      Money markets
      68 7 THE OVERNIGHT rate on the Singapore money market rose 3/8 points to close at 4% per cent yesterday. One month rose 1/8, two months rose 1/16 while three months was unchanged. f S$ Interbank rates at the dose yesterday: OFfW MO Overnight 4 1/8 4 1 -month 4
      68 words
    • Article
      Lock icon Asian dollar market
      266 7 Reuter ASIAN DOLLAR deposit rates closed steady yesterday at the morning's level after a day of quiet trading, dealers said. They said most operators refrained from taking fresh positions ahead of US Federal Reserve Chairman Alan Greenspan's Congressional testimony at 1400 GMT, which was expected to focus
      Reuter  -  266 words
    • Article
      Government securities market
      115 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity W0 OFFER HIGH LOW 3 months BQ*****W 13.10.88 3.93 3.88 3.92 3.87 6 months BY*****T 24.11.88 3.98 3.93 3.93 3.93 1 y«or BY*****Z 23.3.89 4.05 4.00 4.01 4.00 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      115 words
    • Article, Illustration
      World interest rates
      195 7 Indicates the average of the prima landing rata* of 12 mafor banks in S'pora A Interbank market rates (offer/bid) on July 13 us$ DM SWFC Yen 7 doys 7 3/4 5/8 9 8 7/8 4 11/16 9/16 3 5/8 1/2 4 1/8 4 1 mrti 7 13/16
      195 words
    • Article
      Lock icon Bonn to raise rates again
      167 7 IHT THE West German Bundesbank, in a bid to rein in the dollar and ease inflationary pressures brought by a weaker Deutschemark, is likely to raise interest rates this week. Analysts in Frankfurt said yesterday that it would be the second increase by the central
      IHT  -  167 words
    • Article
      Simex
      470 7 SEPTEMBER Eurodollar opened five ticks lower at 91.71 on Simex yesterday following higher oil prices in overnight trading The September contract edged to 91.72 in early trading but backed off to the low of 91.67 following comments that US inflationary pressures are increasing and the dollar's recent rise is
      470 words
    • Article
      Lock icon Forex markets
      1126 7 Reuter SINGAPORE: Against the Singapore dollar, the US dollar closed firmer at 2.0470/80 in erratic trading yesterday. It traded within a range of 2.0480 and 2.0455 It opened initially at 2.0450/60 Late comments by Bank of Japan Governor Satoshi Sumita that cur- rent foreign exchange rate moves had
      Reuter  -  1,126 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      49 7 Public Lecture by Professor James C Van Home Lee Kuan Yew Distinguished Visitor Topic World Financial Markets: Current issues and implications for the future Date Thursday 14 July 1988 Time :6.00 pm Venue: Lecture Theatre 11, Kent Ridge ALL WELCOME 1 ADMISSION FREE For enquiries please call: 772-2539, 772-2303
      49 words
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      Page 7 Advertisements Column 2
      24 7 The Studio Glasses Designed by Ferdinand A. Porsche Flexible, self adjusting bridge for wearing comfort Frame suitable for correction lenses PORSCHE DESIGN by CARRERA
      24 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      281 8 Tiger beer voted: Positively the best beer in the world The Washivigtonian, U.S. A., July 1988: Some of the most important decisions in the world are made in Washington D.C. No surprise then, that this was also the venue to determine a definitive answer to the question of which is
      281 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Majority of creditors reject N Korea's plan
      100 9 Reuter A MAJORITY of North Korea's Western bank creditors have rejected a proposal to settle their claims for repayment of US$9OO million of debt. The proposal requires banks to write off a total of US$6OO million. An official at Australia and New Zealand
      Reuter  -  100 words
    • Article
      Lock icon Midland unit to handle Third World business
      212 9 AP MIDLAND BANK PLC has announced that it is setting up a new division to combine its commercial and investment banking operations in developing countries and demonstrate "a greater commitment to debt-equity swaps". According to an announcement in London on Tuesday, the unit
      AP  -  212 words
    • Article
      Options
      1280 9 CURRENCY FUTURES OPTIONS Wednesday, July 1 3, 1988 DEUTSCHEMARK (SIMEX) Aug M calls High Low 54 55 56 57 58 A Sail High 26 12 6 ug 88 pus Low Sett 37 230 59 60 4 55 56 57 58 59 63 Sep 88 calls High Low Sap 88
      1,280 words
    • Article
      Lock icon Tokyo banks urged to meet 8pc ratio
      144 9 AFP JAPAN'S Finance Minister Kiichi Miyazawa has called on Japanese banks offering foreign loans to meet a minimum capital-adequacy ratio of 8 per cent set by the Bank for International Settlements (BIS). (The BIS, meeting in Basel on Monday, accepted the 8 per
      AFP  -  144 words
    • Article
      Banks moving away from overdraft lending
      436 9  -  By SOH TIANG KENG, Financial Correspondent THERE HAS BEEN a drop in overdraft lending by banks for the past three years according to the 1987/1988 annual report of the Monetary Authority of Singapore. The fall, according to latest MAS statistics, has been in absolute
      436 words
    • Article
      Lock icon Reciprocity suggested for EC financial services
      459 9 FT A SENIOR European commissioner suggested on Tuesday that non-EC banks would not be automatically free to benefit from the planned single market in financial services even if they were already licensed to operate in a Community country. Mr Willy de Clercq, the External
      FT  -  459 words
    • Article
      Lock icon Coin market heading for bull run, say analysts
      183 9 NYT THE COIN MARKET is heating up. Investment quality coins, especially those graded Mint State-66 and above, have been surging in value. Some observers think the market may be headed for it 4 biggest boom in history the US. "We're witnessing the
      NYT  -  183 words
    • Article
      Lock icon Saudis set up repurchase scheme for new bonds
      121 9 Reuter SAUDI ARABIA has introduced a repurchase programme for new government bonds, issued to finance a budget deficit, to make them more attractive to local banks. The Saudi Arabian Monetary Agency (Sama) told banks that from Aug 1. it would repurchase up
      Reuter  -  121 words
    • Article
      Lock icon Aids may force rise in insurance premiums
      354 9 Reuter INSURANCE premiums could rise sharply as companies face hefty bills for claims relating to the deadly disease. Aids, experts said in Helsinki on Tuesday. The International Congress of Actuaries is holding a fiveday conference on the impact of acquired immune deficiency syndrome
      Reuter  -  354 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      374 9 Time is money. Speed is of the essence. The only 800* cps printer with 18 pins in a single head. Clinching business deals depends on how fast you respond to your customers' needs. That's why you need SBP-10AI. It makes every second counts. And speed is not all. There are
      374 words
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  • PERSPECTIVE
    • Article
      Time to amend Trademarks Act
      500 10 THE STEAM ROLLER is a powerful piece of machinery which has, in recent years, found a new use in Singapore. Occasionally, it is employed to crush a pile of expensive-looking goods, diamond-studded watches for instance. Of course, if the diamonds were real, even a steam
      500 words
    • Article, Illustration
      The writing's on the wall for heavy smokers
      1547 10  -  aaaiaaagWSw By SEAH CHIANG NEE THE AVOWED AIM of making Singapore smoke-free is tantamount to a declaration of war. for the sake of good health, to destroy the tobacco industry as a viable business in the distant future. It may be too
      1,547 words
    • Article, Illustration
      Lock icon Managua decides to get tough with its enemies
      573 11  -  Expulsion of US Ambassador raises puzzling questions By DOUGLAS TWEEDALE UPI NICARAGUA'S expulsion of the US Ambassador and a crackdown on internal opposition groups raise puzzling questions about Managua's intentions at an important turning point for the sputtering peace process in that
      UPI  -  573 words
    • Article, Illustration
      Lock icon Opposition in the US pushes Saudis into British arms
      1054 11  -  The biggest arms deal of the century, in which Saudi Arabia ordered US$29 billion worth of British weapons, underscores a shift in Saudi policy from the US to Britain for crucial arms purchases. ROBERT PEAR reports that Saudi officials are peeved
      NYT  -  1,054 words
    • Article, Illustration
      Lock icon Casinos raise mixed feelings in war-torn Sri Lanka
      853 11  -  By ADAM KELLIHER UPI A NEW WAR is brewing far from Sri Lanka's jungle insurgencies. The battle is over clattering slot machines, whirling roulette wheels and decks of cards. The government decided in December to allow an expansion of casino gambling, hoping
      UPI  -  853 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      123 10 Whatever they buy from us, we're providing our customers the same thing™ success. With 60 years' worldwide experience and extensive facilities serving Singapore, Indonesia and Malaysia, we have built a reputation as problem-solvers. For every situation our customers could face in developing and manufacturing their products, they can rely on
      123 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      632 10 CRYPTIC PUZZLE ACROSS 1 Amber fish? (5) 6 Couple of letters from a Scot (5) 9 He's ready with the hay (7) 10 Fluently available (2. 3) 11 It's raised at some length (5) 12 Statesman prone to reform (5) 13 Harms part of a horse? (7) 15 Determined to
      632 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      153 11 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 to order and
      153 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1420 11 OE© sauna PM Opening and Programme Highlights followed by Lingo. Coming Attractions. Inter-School Debates 1988 (C, Pre-U Level, Ist Semi-Final). Singles Foursome (See highlights). Bookvisions Jane Eyre (r. Lost episode). After nearly perishing on the moors, Jane is taken in and cared for by the handsome young clergyman St John
      1,420 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Cram facing classy field at Gateshead this weekend
      290 12 AFP STEVE CRAM, looking tired, injured and out of sorts as he slumped to defeat in Nice, soldiers on with his Olympic campaign in front of his home fans at Gateshead on Saturday. And Tom McKean, who handed out last Sunday's two-lap
      AFP  -  290 words
    • Article
      Lock icon Injury wrecks Coe's 1,500m race
      100 12 AFP SEBASTIAN COE's Olympic hopes took a blow in rainsodden Dublin on Tuesday when pe was forced to pull out with Injury during his first 1,500 m rice for two years. The double Olympic champion suffered a knock on the first lap. and pulled up
      AFP  -  100 words
    • Article
      Lock icon Swedish veteran pole vaulter keeps on charging down those runways
      434 12 Reuter SIXTEEN YEARS AGO. Swedish pole vaulter Kjell Isaksson broke the world record three times during a single summer. Now at the age of 40, when his contemporaries have long since turned to gentler pursuits. Isaksson is still vaulting and
      Reuter  -  434 words
    • Article, Illustration
      Fung takes lead at Yokohama Classic
      504 13  -  By CHARLES SAVAGE WITH ONLY four strokes separating them, Bill Fung carding 71 leads the top 10 golfers at the Yokohama Classic after the first day s play. Defending champion M Marimuthu is a stroke behind at 72 (35, 37). Tied at third at
      504 words
    • Article, Illustration
      Lock icon Tony Jacklin can't see an American winning British Open title
      523 13 UPI AMERICAN GOLFERS just aren't up to winning the British Open this year, at least that's the opinion of European Ryder Cup team captain Tony Jacklin, though he admits he's biased "I just don't think they're as good as we
      UPI  -  523 words
    • Article, Illustration
      Lock icon Van Poppel wins another Tour stage
      367 13 AFP JEAN-PAUL VAN POPPEL underlined his ambition to be crowned this year s Tour de France sprint king with his second victory of the race in Besancon, France, on Tuesday. The Dutchman made the most of his last victory chance before the race enters
      AFP  -  367 words
    • Article
      Lock icon Association to revive Tour of Malaysia
      216 13 Bernama THE PERAK Cycling Association (PCA) has decided to revive the Tour of Malaysia and hopes to draw foreign competitors to take part in the race. The association's president, Datuk Darshan Singh, told a press conference in Kuala Lumpur on Tuesday that a protem
      Bernama  -  216 words
    • Article
      Lock icon Board delays decision on Gatting's book
      157 13 AFP MIKE GATTING, the former England cricket captain, still does not know whether he will (ace disciplinary action over the contents of his autobiography. Leading from the Front Gatting met three officials from the England Test and County Cricket Board at Lord's on Tuesday,
      AFP  -  157 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      310 12 COURVOISIERXO-WHERE H lAI.I MM BUFFET DINNER AT CAFE VIENNA JUNE 1 JUNE 30 Refcsh on i buffet spread boasting over 20 a*-time favourites. There are meat and fish cold cuts, salads, fried nee, noodte, vegetable rice, guo bao. mi fen. beef, seafood and desserts. Our Muslim Head Chef will specially
      310 words
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      Page 12 Advertisements Column 2
      97 12 fashion show. Fashion show! Mease. BARBEQUE 4 N' FASHION SHOW, a double pleasure, by the POOLSIDE, food served 7pm 10pm showtime 8.15pm. every Thursday and Friday. Select from a variety of: salads and dressing, vegetables, meat, seafood and desserts. Not forgetting choice of coffee or tea. $1630++ per adult $10.00
      97 words
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      Page 12 Advertisements Column 3
      183 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 rv=»r rvrsnn P!us 10% Service Charge ptl
      183 words
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      Page 12 Advertisements Column 4
      210 12 irrHiiiria from 5 Bpm ;iaas receive free. Or have a Dint on us for every quart i chased Morula l~riilav. Enjoy! After Bpm get 10% -xoff everv Lottie CluD 5. rou'll have happy L hours on Every second's on-the-house! The Fountain Lounge is flowing with the good times Between 5
      210 words
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      Page 12 Advertisements Column 5
      122 12 THE o Level 4, Excelsior Hotel =V Discotheque The Ivory's Sensational NEW IMAGE! Now, No Cover Charge! Cover Charge from Sundays to Thursdaysnad been waived! And as an added treat, a new image is emerging... scintillating and sizzling, a sheer delight of the senses! Fri, Sat ft Eve of Pub
      122 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Afternoon trading disrupted by computer problems
      703 14 TRADING came to a halt yesterday afternoon when the electronic trading system broke down for the second time since its introduction last Friday (See Page 15). Share prices fell over a broad front although the Straits Times Industrial Index edged up on significantly lower
      703 words
    • Article
      APPROVED ISSUES
      64 14 Company RIGHTS ISSUE City D«v One-for-five $1 50 per share E*-date: Jul 4 Boob dose-. Jul 14 Company BONUS ISSUE Metro Hldgs One-for-K»e Ex-date: Jul 8 Books dose: Jul 20 Tronsmarco One for-four Ex-date: Jul S S P P Books close: Jul 20 One-lor-two Ex dote: NY A
      64 words
    • Article
      PROPOSED ISSUES
      267 14 Company RIGHTS ISSUE A M 0 B Oneforfour $050 per shore C 1 Holdings 27 million loan stocks in the ratio of $3 loan stock tor every five ordinary shares held C K Tang One-for-two $2 25 per shore Eoch rights comes with two detochoble TSRs The exercise
      267 words
    • Article
      COMPANY MEETINGS
      255 14 Johan Holdings Berhad: 63rd AGM at Bouganvilla 2, Ist Floor, Petaling Jaya Hilton. Jalan Barat. Petaling |Jaya, Selangor Darul Ehsan .'today at 11am. Metro Holdings Limited: •AGM at 65 Chulia Street. ;#l9-00 OCBC Centre. Singapore 0104 today at noon. South East Asia Development Corporation Berhad: .25th AGM at
      255 words
    • Article
      Unit trusts
      309 14 Managers' prices Japan G' Fund 1 51 1 56 for July 1 4 Shenton Thrift Fund 0855 0855 Singapore Unit Trust UOB Management Unifund 0 95 095 T he Commerce 1 X 107 Umbo nd I ms i m Savings Fund 088 0 94 S pore Prog Fund
      309 words
    • Article
      SES SHARE INFORMATION
      5187 14 1988 High Low Tal Code Company 11 crGr's Dlv Dtv C'vr Gri rw Net P/E Vol Day (*000) High Low Last Quote Buyer Seller SECTION ONE INDUSTRIAL A COMMERCIAL 1006 139 72 1000 990 218 150 121 460 176 350 125 167 132 284 50 350 515
      5,187 words
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  • COMPANY NEWS
    • Article
      Ipoh Garden (Australia) to be listed on July 21
      680 15  -  By FLORENCE CHONG, Writing for BT from Sydney IPOH GARDEN (Australia) Ltd will appear on the main board of Australian stock exchanges on July 21. following the successful float of the company this month. Directors of the company had sought public
      680 words
    • Article
      Lock icon Plantation companies reap best harvests
      476 15 Increase of 31 pc in pre-tax earnings MBT PLANTATION COMPANIES enjoyed the highest average growth rate in earnings last year among various companies listed on the Kuala Lumpur Stock Exchange. They registered an increase of 31.43 per cent in pre-tax earnings for 1987 while earnings
      MBT  -  476 words
    • Article
      Computer problems snarl up trading
      320 15  -  By ELAINE KOH IT WAS TIME OUT for dealers and remisiers yesterday afternoon when the new trading system again snarled up orders and reduced the volume of business done. While the morning session proceeded with only occasional hiccups, many remisiers found they could not execute
      320 words
    • Article
      Seminar on the regional stock markets will be held on Friday
      156 15 THERE will be a high-powered investment seminar to be held in conjunction with the official opening of the new SES trading floor at the OUB Centre this Friday. Friday's seminar is titled Investment Opportunities in Asian Securities, and is
      156 words
    • Article
      Lock icon Roxy (M) to pay off loans with rights proceeds
      327 15 MBT ROXY Electric Industries (Malaysia) will be a more solid company with brighter prospects and without any borrowings once its proposed one-tor-one rights issue is completed. This is because the proceeds from the rights issue amounting to about Msl3s million will
      MBT  -  327 words
    • COMPANY BRIEFS
      • Article
        UEL sells two million UEM shares
        50 15 UNITED Engineers Ltd has sold 2m shares in United Engineers (Malaysia) Bhd tor $5.96 m, leaving it with a 12pc stake in thf company. The extraordinary gais will have no impact on EPS although the NT A will increase by six cents per share.
        50 words
      • Article
        New subscription price for CityDev warrants
        75 15 CITY Developments Ltd has adjusted the subscription price payable by holders of the warrants that came with a $147.8 m bond issue due 1994. The subscription price for each new CityDev share will now be $4.75 instead of $5.16. This follows the recent offer
        75 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      664 15 BANK OF BOSTON THE FIRST NATIONAL BANK OF BOSTON I Incorporated m tt» U.S.A. with Limited Liability I Consolidated Balance Sheet (in thousands, except share amounts) ASSETS December 31 LIABILITIES ANO STOCKHOLDERSEQUITY Cash and due from banks Interest bearing deposits in other banks Federal funds sold and securities purchased under
      664 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Corporate bankruptcies in Japan down 19pc in June
      381 16 42nd straight month of declines Reuter JAPAN'S corporate bankruptcies fell 19 per cent in June from a year earlier, marking the 42nd straight month of year-on-year declines, the Tokyo Commerce and Industry Research Co said Bankruptcies dropped 20.1 per cent, year on
      Reuter  -  381 words
    • Article
      Kuala Lumpur shares close slightly easier
      3253 16 SHARE PRICES on the Kuala Lumpur stock market paused for a breather yesterday, finishing slightly easier across a broad front after two straight sessions of gains this week. Trading conditions were lacklustre. The lower closing followed an earlier mixed performance which saw profittaking alternating
      3,253 words
    • Article
      Lock icon Pioneer to build factory in Spain
      87 16 AFP THE JAPAN-BASED audio and electronics corporation Pioneer will build a turn-ta-ble and stereo speaker factory in the north-eastern Spanish city of Barbera del Valles Antoni Punti. the president of Pioneer-Spain, said on Tuesday that construction work on the 14 billion peseta (US$l2.7 million)
      AFP  -  87 words
    • Article
      Prices finish lower
      1504 16 Hongkong HONGKONG SHARE prices closed lower yesterday on profit-taking but late afternoon buying pushed the index off its morning lows, brokers said. The Hang Seng Index fell 27.68, or one per cent, to 2,744.85 after a 35-point loss in the morning. The broader-based Hong Kong Index shed
      1,504 words
    • Article
      Seoul
      131 16 JUL* 1J WON Cheil Sugar Daelim ind Daewoo Corp Daewoo Heavy Daishin Securities Dong Ah Phar Oong Suh Stock Dongbu Steel Gold Star Hanil Bank Hami Cement Hankuk Glass Hanyang Chemical Hyundai Const ***** ***** '9150 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -aoo -600
      131 words
    • Article
      Lock icon Tokyo
      523 16 Reuter iTOKYO SHARE prices closed lower yesterday in active trade on concern over the release tomorrow of US May trade data, but were above their lows on jbargain-hunting after morning declines, brokers commented. "If a very good trade !figure comes out, the j Tokyo market will fall." said Kaoru
      Reuter  -  523 words
    • Article
      Lock icon Sydney
      456 16 Reuter A BOUT of nervous profittaking pulled the Australian share market lower at the close yesterday, after a slight recovery in late morning trading. Brokers said investors were concerned about Wall Street's poor performance on Tuesday, where the Dow fell 18.67 points to 2,092.64, and the failure of bullion
      Reuter  -  456 words
    • Article
      Lock icon Bangkok
      163 16 Reuter THE SECURITIES Exchange of Thailand Index rose 2.14 points to 465.00 yesterday on a turnover of 10.883.020 shares worth 977.95 million baht. JULY 13 BAHT Ao Kham Thai 456 24 Ayudhya Investment 446 -4 Bangkok Agro-lnd 132 uncti Bangkok Bank 339 -2 Bank Of Ayudhya 374 Charoong Thai
      Reuter  -  163 words
    • Article
      Taipei
      303 16 JULY 13 NT t All Sincere Indus 600 unch Asia Cement 97 SO 1 Cathay Cons 109 50 1.5 Chang Hwa Bank 551 00 16 Cheng Loong 46 00 1 Chia Hsm Cement 66 50 *15 Chin Hsin Flour 26 60 -0 7 China Chem 52 00 -15 China
      303 words
    • Article
      Lock icon Nippon buys more of ADS
      64 16 Reuter NIPPON STEEL Corp has raised its shareholding in AOS Corp. a Japanese telecommunications development company, to 50 03 per cent from 33 7 per cent as part of its effort to enter the telecommunications equipment market The acquisition occurred when ADS boosted its capital
      Reuter  -  64 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      680 16 Bank Berhad (Incorporated in Malaysia) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1987 The Directors are pleased to announce the audited results of the Bank and the Group for the year ended 31 December 1987, as follows:The Bonk The Group Profit after taxation 11,709 9,554 23 9.555 6,847 44
      680 words
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      Page 16 Advertisements Column 2
      6 16 On target, Chart Point every Saturday
      6 words
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  • WORLD MARKETS
    • Article
      Lock icon Wall St stocks closer lower
      1034 17 New York Reuter WALL STREET stocks closed lower on Tuesday after failing to break out of a downward spiral exacerbated by programme selling. The market got little leadership from weak bond prices and a soft dollar. Activity was also muted before tomorrow's US merchandise trade
      Reuter  -  1,034 words
    • Article
      Lock icon Share prices open mixed
      1048 17 London Reuter THE LONDON equity market remained quiet at the official opening yesterday, with prices mixed to lower after an easier session in both New York and Tokyo, dealers said. Investors were still keeping a low profile ahead of the batch of both UK and US
      Reuter  -  1,048 words
    • Article
      Untitled
      1123 17 Selected indices HONGKONG Hongkong Index Wednesday 1.***** T oesdoy .833 78 Week ogo 1,***** Hang Seng Index Wednesday 2.744 85 T uesday 2.772.53 Week ogo 2.737 51 All Industrial) Wednesday Tuesday Week ogo NEW YORK Dow Jones Tuesday Monday Week ogo I 2.574 0 2.5820 2.5305 2.***** 2.1)1 31 2.158
      1,123 words
    • Article
      Lock icon London approves Murdoch's 20pc stake in Pearson
      166 17 AFP THE BRITISH government has approved Australianborn media magnate Rupert Murdoch s 20 per cent stake in the British group Pearson PLC. publisher of the daily Financial Times Secretary of State for Trade and Industry Lord Young said on Tuesday that he would
      AFP  -  166 words
    • Article
      Lock icon Polaroid to take on Kodak and Fuji in world market for colour film
      210 17 NYT IN AN ACKNOWLEDGEMENT of the declining popularity of the instant photography market that it pioneered. Polaroid Corp said on Tuesday that it would take on Eastman Kodak Co and Fuji Photo Film Co in the US$7
      NYT  -  210 words
    • Article
      Lock icon Outlook for US basic industries brightens
      548 17 Analysts raise earnings estimates NYT IF THE last-minute revision of earnings" estimates by securities analysts is any indication, companies in basic industries such as steel, aluminium, forest products. chemicals, paper and packaging may be giving investors a pleasant surprise in coming weeks. And the
      NYT  -  548 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      553 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PATMOS PROPERTIES (PTE) LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company, which is being wound up voluntarily, are required on or before 14th August 1968
      553 words
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      Page 17 Advertisements Column 2
      532 17 TAT LEE BANK LIMITED ANNOUNCEMENT Pursuant to Article 6(1 )(a) of the Articles of Association of the Bank, it is hereby announced that declarations received by the Bank as at 30th June 1988, regarding the beneficial ownership of the issued share capital of the Bank held by foreign persons constituted
      532 words
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      Page 17 Advertisements Column 3
      290 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MECHATRON ENTERPRISES PTE LTD (In Members' Voluntary Liquidation) Members' Voluntary Wlnding-Up An an Extraordinary General Meeting of the members of tbe abovenamed company duly convened and held at No. 32 Ang Mo Kio Industrial Park 2,
      290 words
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  • Article, Illustration
    UIC plans to float associate company on Thai exchange
    556 18  -  Bangkok company owns Phuket Yacht Club By LISA LEE UNITED INDUSTRIAL Corporation (UIC) plans to float its Thai associate company, which owns the Phuket Yacht Club hotel and beach resort, on the Securities Exchange of Thailand (SET) by November this year.
    556 words
  • Article
    'Devan not deceived into believing he was alcoholic'
    466 18 IN WHAT is expected to be the final government statement on the bitter and embarrassing Devan Nair episode, the Prime Minister's Office yesterday said the former president was not deceived into believing he was an alcoholic. The statement said Mr Nair's open
    466 words
  • Article
    SIMBL to launch dual currency note issuance facility
    115 18 THE SINGAPORE International Merchant Bankers Ltd (SIMBL) will launch a Ssloo million/US$5O million dual currency Note Issuance Facility (NIF) tomorrow. This five-year non-underwrit-ten NIF is arranged and managed by CIBC Asia Limited. The tender panel banks will be invited to submit competitive
    115 words
  • Article
    Lock icon UN convening meeting on Vietnamese refugees
    139 18 AFP THE UN is to hold its first South-east Asian meeting on Vietnam's boat people refugee exodus in Bangkok next week after receiving positive signals from Hanoi, Thai and UN officials said yesterday. The meeting follows a Vietnamese offer for bilateral talks and verbal
    AFP  -  139 words
  • Article, Illustration
    Lock icon Sussex University honours ex-Beatle Paul McCartney
    129 18 Reuter FORMER BEATLE Paul McCartney was awarded an honorary doctorate by Sussex University on Tuesday for giving pleasure to millions during his pop music career. The 46-year-old millionaire musician, who can now call himself Doctor McCartney, was the first pop star to be granted
    Reuter  -  129 words
  • Article
    Lock icon Way cleared for Bond Corp to make bid for Bell
    129 18 AFP THE MUCH-DELAYED registration of the Bond Corporation's takeover document means the takeover offer may now be delivered to Bell Group shareholders. Mr Bond is bidding AJ2.70 (US$2.l6) a share for all Bell Group shares, except the 20 per cent
    AFP  -  129 words
  • Article
    Government not renewing pass for AWSJ journalist
    254 18 THE GOVERNMENT will not renew the employment pass of John Berthelsen. the Singapore correspondent of the Asian Wall Street Journal (AWSJ) whose local sales have been restricted since February last year. A Home Affairs Ministry spokesman confirmed yesterday that Mr Berthelsen's lawyers had
    254 words
  • Article
    Transtech Ventures invests close to half of $78m funds
    573 18  -  By BOEY KIT YIN LOCAL VENTURE CAPITAL firm Transtech Ventures has invested nearly half its total funds of $78 million. Its latest $2.5 million investment could propel exports of Chinese language computer software products from a local company, Kompac Technology. To
    573 words
  • Article
    Lock icon HongkongBank raising £150m
    87 18 AFP HONGKONG and Shanghai Banking Corp has said it is raising £150 million (U*****.7 million) in subordinated debt, only days after the adoption of new capital rules for international banks. "A further expansion of the group's capital is considered desirable in view of the increased emphasis by
    AFP  -  87 words
  • LATE FILE
    • Article
      Lock icon Brunei frees 34 detainees
      35 18 AFP THE BRUNEI government has ordered the release of 34 political detainees in conjunction with the 42nd birthday of its ruler. Sultan Hassanal Bolkiah, state-owned Radio Television Brunei said yesterday. AFP
      AFP  -  35 words
    • Article
      Lock icon Move to indict Marcos and wife
      65 18 AP US ATTORNEY Rudolph Giuliani has recommended that deposed Philippine president Ferdinand Marcos and his wife be indicted on fraud and conspiracy charges. According to an article in New York's Village Voice, the proposed indictment already has been reviewed by the US State Department
      AP  -  65 words
    • Article
      Lock icon Greek government to try Palestinian
      72 18 AP THE GREEK government yesterday ordered an immediate trial for a suspected Palestinian terrorist, Mohammed Rash id, whose detention may have provoked Monday's terrorist attack on a Greek cruise ship. In Paris, a caller claiming to speak for the Islamic Jihad told French radio the
      AP  -  72 words
    • Article
      Lock icon New disclosure rules in HK
      60 18 AFP SHAREHOLDERS holding at least 10 per cent of a Hong-kong-listed company will have to disclose their stake under legislation approved by the British colony's Legislative Council yesterday. Financial Secretary Piers Jacobs said the 10 per cent disclosure level was an "appropriate" start although it
      AFP  -  60 words
    • Article
      Lock icon Indian rocket crashes into sea
      39 18 UPI INDIA'S sixth space shot ended in failure yesterday when scientists lost control of a five-stage rocket minutes after lift-off and the 40-tonne craft plummeted into the Bay of Bengal, Indian officials said. UPI
      UPI  -  39 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      186 18 When you've chosen the best location and floor plan for your home where will you be? Astrid Meadows It is located in Singapore's choicest residential district where the approved density of 145 persons to a hectare (less than 60 to an acre) is the lowest on record for condominiums in
      186 words
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      Page 18 Advertisements Column 2
      507 18 Ims withXIJJJT Neuro-Linguistic Programming NLP The latest breakthrough in human behavioural science that will help you improve, not just significantly but by quantum leaps, the RESULTS of what you want to achieve for yourself and your company. Whether your goal is to improve staff relations, meet sales targets, or simply
      507 words
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  • SHIPPING TIMES
    • Article
      Independent actions force Anera to revise common tariff
      468 19  -  By JUNE LIM A FLOOD of independent actions has forced the Asia North America Eastbound Rate Agreement to rationalise its tariff for the second time this year. Members began working on a revised common tariff a few weeks ago taking into consideration
      468 words
    • Article
      President owners in fresh bid to sell cruise ship
      126 19 OWNERS of the President, the controversial luxury cruise liner, are making a fresh bid to sell the vessel. Seatrade Week has confirmed that negotiations with unnamed prospective buyers are in progress. The 27,090 grt vessel, which rumours once linked to deposed
      126 words
    • Article
      Lock icon KSEC will deliver ships to Norway later this month
      144 19 AP THE KOREA Shipbuilding and Engineering Corp said the overdue delivery of six freighters to two Norwegian companies will begin later this month and be completed in December. The company said four of the 37,000 dwt vessels have been built for
      AP  -  144 words
    • PORTSIDES
      • Article
        Indonesia, France sign deal
        92 19 INDONESIA and France have signed an agreement on cooperation in oceanology and maritime industrial development. It was the first bilateral maritime cooperation agreement to be concluded since the ratification by the United Nations of the Sea Law Convention signed in 1982 by 139 countries. Under the
        92 words
      • Article
        Lock icon Carrier suffers heavy damage
        53 19 Reuter THE Greek bulk carrier World Amphion struck a lock gate-frame at Zandvliet locks. Belgium, on July 9, Lloyd's Shipping Intelligence Service said. The 37,428 dwt vessel, which sustained considerable damage, anchored in Schaar Ouden Doel for inspection and proceeded on its outward voyage later the
        Reuter  -  53 words
      • Article
        Lock icon Mirene crew rescued
        97 19 Reuter THE Panamanian ship Mirene sank off Barranquila, Colombia, Lloyds Shipping Intelligence Service said. The crew was picked up by a Taiwanese fishing vessel and taken to Barranquilla The 7,449 tonnes dw vessel, carrying about 6.492 tonnes of bulk urea, left Houston on June 22 for Barranquilla
        Reuter  -  97 words
      • Article
        Lock icon Salvors refloat Liberian ship
        48 19 Reuter The 55.740 DWT Liberian bulk carrier Suerte was refloated on July 7 after running aground on two days earlier in the Amazon north channel. Lloyd's Shipping Intelligence said. The vessel had been bound for Corpus Christi with a cargo of bulk bauxite. Reuter
        Reuter  -  48 words
    • Article
      Lock icon Panama boycotts canal commission
      485 20 NYT PANAMA is refusing to take part in the work of the agency that manages and operates the Panama Canal. US State Department officials said. The four Panamanian directors of the Panama Canal Commission boycott the agency's board meeting on Tuesday in Savannah. GA, in another
      NYT  -  485 words
    • Article
      Lock icon US officer testifies at Encounter case
      391 20 AP A UNITED STATES Coast Guard officer testified that the seized cargo ship Encounter Bay was loaded with 72 tons of marijuana off Danang. Vietnam, in early June and that the Vietnamese army was involved in the operation. Lt Thomas Rogers, the law enforcement
      AP  -  391 words
    • Article
      INDEX TO ADVERTISERS
      797 20 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrons VII 3 American Tpt II 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Asian Ocean VI
      797 words
    • Article
      Lock icon 'Critical' situation at Cuban ports
      144 20 Reuter CUBAN PORTS are badly congested and more than 500.000 tonnes of cargo are waiting to be offloaded, the official daily newspaper Granma said. Describing the situation as "critical,'' with Havana the worst affected, it urged port authorities to take adequate measures to ease the
      Reuter  -  144 words
    • Article
      Lock icon Asean Trader refloated
      58 20 Reuter THE SINGAPORE bull* carrier Asean Trader£ grounded on July 4 offr Sabah, east Malayste^ was refloated on July after discharging abouf 2.000 cubic metres of log& on to a barge at high tidej Lloyd's Shipping Intetti-* gence Service said. Th? 11,712 dwt vessel wasZ grounded on
      Reuter  -  58 words
    • Article
      Lock icon US opposes ODS plan for Sea-Land
      670 21 AFP THE UNITED STATES government has come out in opposition to planned legislation which is considered pivotal to one of the country's most complex shipping deals. US Maritime Administrator John Gaughan told a Senate hearing that the government was opposed to a bill which
      AFP  -  670 words
    • Article
      MacGregor-Navire forms consultancy company
      173 21 CARGO EQUIPMENT specialist MacGregor-Navire has formed a consultancy company to capitalise on its extensive know-how. MacGregor-Navire Consultants Limited provides external management and technical resource which can be called upon by clients to supplement internal resources or to provide specialist skills not available in-house. The new company
      173 words
    • Article
      Lock icon Fire breaks out on Sulong
      66 21 Reuter FIRE broke out on Sunday afternoon in the engine room of the Malaysian tanker Sulong, formerly the Xipoint, while it was anchored at Piraeus roads without a cargo on board, Lloyd s Shipping Intelligence Service said. Nine crew were injured and transferred to the
      Reuter  -  66 words
    • Article
      Sea Containers in 'Big Bang' project
      212 21 TO PEOPLE still reeling from the stock market collapse of October 1987. the phrase' Big Bang" can have only one connotation. There is however, another meaning, somewhat older and distinctly more scientific: "Big Bang" is the popular name given to one long-held theory on
      212 words
    • Article
      Lock icon Damaged tanker stranded off Iran's Farsi Island
      296 21 AFP THE PANAMANIAN tanker attacked by Iranian highspeed gunboats in the Gulf late Tuesday triggering an exchange with US helicopters was stranded off Iran's Farsi Island, shipping sources said. It was the first engagement between Iranian and US forces since July 3 when
      AFP  -  296 words
    • Article
      Lock icon Stolt enjoys earnings of US$43m
      322 21 Lloyd's List STOLT Tanker and Terminals the world's leading chemical tanker operator has reported bumper profits for the six months to May 31. 1988 Earnings of U5542.5 million compare with US$3.6 million in the corresponding period of 1987, the main impetus coming from a US$3O.5
      Lloyd's List  -  322 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8815 26 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
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    • Article
      LONDON FREIGHTS
      1085 28 SCATTERED fixing yielded very little change in the established rate structure of the London shipping freights market on Tuesday US Gulf grain fixing comprised little besides CAM s payment of US$l9 50 (fio) for an unspecified prompt loader to work 24 000 tons to Algeria In the US
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      800 19 `\{]`]!.>[~<<"=+`)$[>>%,+!-`|-- OOCL ORIENT OVEIQEAS CofUojm* LINE AMfiti JAROINE SHIPPINC AGENCIES (Reg No *****4 00K) I§o 200 Cantonment Road 012 05 Souttipomt. Smgaoore 0208 Ml If/ Tel *****11 TELEX NO RS ***** If AXXIAfITERMINAI/CFS Tel *****18 220 r 1 BOOKINGS Tel *****34 235 JAROINE SHIPPING AGENCIES SON BHO nm||WT KELANG TEL
      800 words
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      Page 19 Advertisements Column 2
      75 19 PANAMA is refusing to take part in the work of the agency that manages and operates the Panama Canal, US State Department officials said. Page II THE UNITED STATES government has come out in opposition to planned legislation which is considered pivotal to one of the country's most complex shipping
      75 words
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      Page 19 Advertisements Column 3
      589 19 THE SPECIALIST IN: Wire Rope Slings Lashing Materials Lifting Gears ft FACILITIES AVAILABLE INTERMARINE SUPPLY CO. (PTE) LTD. TEL- *****3 (I UNES) TLX IICCO R8 MS FAX: *****77 MAERSK LINE Th» w«e« M ROTTERDAM CK)»ng Time CY 15/7 1600 HRS CFS 15n 0600 MRS M ROTTERDAM 8806 ANOERS M 8808
      589 words
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      Page 20 Advertisements Column 1
      585 20 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT OSAKA BAY KAGA KASUGA MARU LARGS BAY HONGKONG EXPRESS ARLBERG RHINE MARU P KELANG SOUTHAMPTON 19/77/8 HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG, MALUM HELSINKI OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM OK/CONTINENT VOY
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      Page 20 Advertisements Column 2
      17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 20 Advertisements Column 3
      597 20 AmTrans AMERICAN TRANSPORT LINES, INC U.S. EAST COAST, CENTRAL/SOUTH AMERICA, CARIBBEAN/MEXICO 33 it mrmrrrerm Br FEEDER VESSEL aasKuvsas .0 cm* gmmmgm. PHILIPPINES MANILA AND CEBU. E3 EX3ZH vi\r, EAGLE LINER SHIPPING AGENCIES PTE LTD Tei 2? P ***** Fa °2253 748 T^ H RS433€SCELSp 02( PENANG 04-*****46 KL 03-*****6C'1 POLISH
      597 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      790 21 ss The Straits Steamship Group Mansfield Container > Shipping Pte Ltd P&O Containers STRAITS SHIPPING Singapore to Satosh, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FRO* BANGKOK CONTAINERSHIP SERVICE TO UK/CONTINENT: S port f Klaftf S ton Hburf I'lmwi«4aa L» H* OSAKA IA T I 1107 1707 tM vm M
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      Page 21 Advertisements Column 2
      678 21 EUROPE <SL SENATOR LINK USA/PANAMA id _i_iU AS UN SEN General Agent W: TAIWAN SEN i'j .rH ACCEPTK CAM TI/FNM Srt. UX OTHER WIS N 2SM N. 17 23.17 ■U. SAI. TAB. NTC AM FEEDCR NUPTSE via P. PIERCE V 143 P. TYLER Vt3 TO USA/CANADA WEEKLY FULL CONTAINER SERVICE
      678 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      538 22 HXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore 30/7 Loading for:BANDAR ABBAS fAPAN/KOREA SERVICE Singapore 1/1 Loading for:JAPAN. KOREA Hi KYOWA LINE FNG/S. PACIFIC SERVICE Singapore Loading for: A VESSEL 20/7 LAE, PMB, RBL. HRA MICRONESIA SERVICE HK LOAD FOR OCEANIA EXPRESS V-17 16/7 GUAM,
      538 words
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      Page 22 Advertisements Column 2
      889 22 SCS.LINE intit smrpmi '<*' fully containerised service iULIY COMAINIRiStD TO FROM NORTH AMfRICA WS! COAST st •FDR/MOTHER VESSEL KJW &3E/KOREAN WONIS SEVEN UE KJW S3E ELBE IE KJJ 44E/HANJIN KUNSAN 33E RJJ ME KOREAN WONIS JIN 77E QWB 3E/HAN JIN KWANCYANC 47E QWB 3E KOREAN WONIS JIN 77E SSB KE/HANJIN
      889 words
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      Page 22 Advertisements Column 3
      115 22 'A FREIGHT LINKS EXPRESS > PTE LTD DIRECT SERVICE TO BOMBAY KARACHI: ETA 22/7 10/8 MIDDLE EAST NEW SERVICE DUBAI 18/7 28/7 BOOKINGS: SINGAPORE: JOHORE: *****88 (8 Lines) *****45 (25 Lines) (07) *****2, *****7 KUALA LUMPUR: (03) *****66 (6 Lines) PENANG: JAKARTA: (04) *****9, *****5 (021) *****1/*****2 INDIA STEAMSHIP FORTNIGHTLY
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      Page 22 Advertisements Column 4
      998 22 m bos EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) eve* gifted EVER CLAMOUR/EVER GREET EVER GENERAL/EVER GOLDEN EVER GLOBE ALSO ACCEPTINC CARGO TO: I*7 an w nn Tin CKS YC Lm fu wc w an »n Z tS, 2 "I I*l *m ,2 12 w in ih m m
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      Page 23 Advertisements Column 1
      811 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT GOWA KOTA EAGLE 9J S,N 1,00 HKG KAO KEE 1170 YO MGO KOB BUS 2358 18/7 20/7 22P 24N8 27/7 21/7 1/« 371 5/8 9/8 10/8 12/• 15/8 25 J 2
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      Page 23 Advertisements Column 2
      280 23 CHINA OCEAN SHIPPING COMPANY rac cowvnmowAi bbyk» KK PGD PKIf Ptnang Loading for T'N W Rotttrdim/Antworp MALATWA/anWA TOIA COHTAOm mi P*n*ng Pklg Sport BU Hkg S'hai Qingdao E CHENCI7 M 10/1 U 1U 1U nit Accepting FCL Cargo for *11 othor Chirm* ports MAUTWA/JAFAN FULL CO NT AINU UK VI
      280 words
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      Page 23 Advertisements Column 3
      561 23 r BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT S4 M M 11* ISA 1M 11/1 M 1U 1M 12/1 1M 1M 1M 1M lit 2M 201 224 an at ivt an an M an an an an M tn *n *n *n sn Jn tn tn un llfl 1M
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      Page 23 Advertisements Column 4
      575 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY S PORE BILBAO ANTWERP H'BURG/ •A' VESSEL J*"™ 3 '»r «ur!uii£» 12/10 15/10 KUTAI/15WB 20-23/9 30/10 4/11 Sub)«ct to Inducement Also accepting cargo to
      575 words
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      Page 23 Advertisements Column 5
      411 23 HTONEYWA V23SW PAGAN VI3OW PA-AN VI27W BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon pore P.Kelang Penang Bangkok BANK LINE SEMI-CONTAINER SFRVirF MLAVV Lirr CAPABILITY NORTHBOUND TO UKC SPORE ROAM HULL HMBG TAMAITAI SAMOA VI3N 24/7 2S/8 31/8 29« FORTHBANK V22N 3/8 29/J 6 < VQ IVYBANK
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      658 24 K'lini KAWASAKI KISEN KAISHA, LTD. N. AMERICA-ATLANTIC COAST ORIENTAL FAITH ORIENTAL FRIENOSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE 14/7 21/7 28/7 4/8 N. AMERICA PACIFIC SOUTH-WEST MOTHER VESSEL MACKINAC BRIDGE BROOKLYN BRIDGE GEORGE W. BRIDGE MANHATTAN BRIDGE 14/8 21 It nil 4/9 N. AMERICA
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      Page 24 Advertisements Column 2
      311 24 Accepting LCL and contain*rla*d cargoes Direct to South Africa CANOPUS 8501F HAYAKAWA MARU 5839F VAAL 5*37 F VAAL 5536G NEDLLOYD COLOMBO 5635G VENTO 04Q2G JARDINE SHIPPING AGENCIES (REG *****4/ OOK) 200 CANTONMENT ROAD #12 05 SOUTHPOINT. SINGAPORE 02 Tel: *****11 TELEX NO: RS ***** TERMINAL/CFS Tel. *****18-220 BOOKINGS Tel. *****34-235
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      Page 24 Advertisements Column 3
      498 24 KALIDAS V 38 TULSIOAS VJ7 KALIDAS V 39 TULSIOAS V 38 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Kelang Penang Loading lor Mother *sl By Feeder Br Feeder »38 8 Aug 1 Aug 1 Aug Frem Melb Sydn A V 37 2 Sept 25 Aug 25 Aug Frem/Mefc/SydmA
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      Page 24 Advertisements Column 4
      652 24 GOLDEN LINE 5? GUAM GUAN SHIPPING (PTE) LTD 23. Talok Ayer StrMt *■—*—-4 SINGAPORE 01M TEL. UUW (10 LINES) Fas: SM3SM STRAITS/PERSIAN GULF SERVICE: Sport PKetenc GOLDEN WONDER Karachi/Oubai/Oammam In Port GOLDEN HAVEN Cotomto/Karadii/Oubai July CHINA SERVICE DAI YUN SHAN Shanghai 30/31 July A VESSEL Huangpu Shanjhai 26/21 July CHINA
      652 words
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      Page 24 Advertisements Column 5
      494 24 v PHI LI Oni€NT LIN€S PT€ LTD HEAO OFFICE 63 ROBINSON ROAD *07 12 U" AFRO ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHIII FAK *****76 MMLE EAST/FAR EAST Ftt ft Lft S VESSEL ETA SINGAPORE I DESTINATION ir»t JEOOAH (LCD rmrn-frt VS.b '.wvn up, HP NEW GENTRADE U/7. 2»/7
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      799 25 SLNOL NEPTUNE ORIENT LINES LTD S'port Tel No P Keling K.Lumpur Penang J Bahru NEPTUNE AGENCIES PTE LTD Qciwral Enquiries: Tel: *****77 Terminal CFS BOOK 11 *****27 *****53 NEPLINE SON BHD 3CMI7 NEPLINE SON. BHD. *****33 NEPLINE SDN BHD *****5/*****0/*****1/*****? NEPLINE SON BHD *****0/*****1 FE EU/AUST TP A/St A S.
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      Page 25 Advertisements Column 2
      484 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: KELANG. PENANG. KEELUNG. BUSAN. INCHON STRAITS/KOREA SERVICE WEF JUNE--1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE H SERVICE!! VMMl't Name ETD BS S PORE PKELANG KEE BUSAN MOJI ♦No 6 Donam/JO7N 1307 23-23/07 <*-08« 10/01 No 9 Oon«m/«KN 10/07 23-76/07
      484 words
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      Page 25 Advertisements Column 3
      837 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 Telex Numbers RS ***** RS ***** RS ***** PtNANC P KELANG MESSRS HAI THONG SHIPPINC 127 Pen»ng Street. Penang. Malaysia M S HANDLING SYSTEM CO
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      343 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 .30 lines. FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD Vtß DE UTF R ACHT/SE EREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE TO EUROPE ARKONA 5m HAVELLANO S/H •VIA COLOMBO: Accepting cargo for INDIA Bombay. Cochin, Madras
      343 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      175 26 Regional Weather Ti Tl s t M <&r yt M A vsr* as iSil B m l N* sS f^> si^ \< v: A IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. July 14, 1988 c^, Wind direction with speed in knots Wove height LEGEND R Thunderstorm Temp«roture c
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1987 27 fit*FARGO SHIPPING COMPANY(PTE)LTD (qfjl No 15 Hoe Chiang Road #13-02 Sanford Building. Singapore 0208 Tel: *****22 Tlx: ***** FASCO ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND Wl C. V«rolm« 206 I 23/7 a/7 I M Tut Ei«r*u 207 2S/I 1/9 7/9 11. 10 9E Alto accepting cargo to AUSTRALIA —Adelaide, Brisbane
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      Page 27 Advertisements Column 2
      205 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 Q IRAQI LINE •■*o' S T »M 'NTfßMist «0« ■««iTiMf tr»bj*o«t MV SINDBAD WEST BOUND SERVICE ETA S'POtf LOADING FOR JOn )»p, n THROUGH k/Li to BAGHDAD UPON REQUEST ALSO ACCEPTINC CONTAINERS UPTO AQABA t BAGHDAD REEFER
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      385 28 Hai Sun Hup Co (Pte) I n L TEL *****06 (20 Lines) TLX RS ***** &RS ft. I \M IR\ \K I I\l K I) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! Moji 'Subject to cargo inducement MOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN i CHINESE PORTS.
      385 words
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      Page 28 Advertisements Column 2
      409 28 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/MEXICO AND FRENCH WEST INDIES NIHON V2C Zip 11/1 STUTTGART EXP n7m«nr. rwi.2im.th WED DCJIMA V2S2 I/I lt/i DUSStLDORF EXP N^^Stvtnrvi!^ 9*—-, 1111 J" ~V" Cruz. ,ICO City FRENCH W Indict Port 0* France, Point re A. Pttra, Degrad 0.
      409 words
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      Page 28 Advertisements Column 3
      133 28 ES WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK LONDON, MARSEILLES A*m NINON-ASM SHIPPING (S) PTE LTD Te|: *****88 (8 Lines) Tlx: RS ***** B. Si Oi BANGLADESH NATIONAL LINE (Bangladesh Government Enterprise! MV Banglar Mita MV Banglar Swapna S PORE Ldg tor 30/7 Ctg/Chalna 27/7 Japan Accepting containers and
      133 words
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      Page 28 Advertisements Column 4
      656 28 HMM, CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 •07-*****8 •07-*****3, *****5, *****0, *****1 '02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE *****31 TO EUROPE FEEDER SINGAPORE I LEHARVE W.r.ir REGULAR FAR EAST/MEDITERRANEAN CONTAINER SERVICE TO MEDITERRANEAN FEEDER BUTANC 4M B BUTANC «1
      656 words