The Business Times, 25 August 1988

Microfilm: NL16233
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, AUGUST 25, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    248 1 AP Dow Jones higher NEW YORK stocks pushed broadly higher yesterday morning after losing ground over the past three sessions. The Dow Jones Industrial Average, which has fallen nearly 38 points over the past three sessions to its lowest level since late May, was up 16.89 points
    AP  -  248 words
  • Article, Illustration
    Share prices ease after firm opening
    205 1 SHARE PRICES drifted from a firm opening to close marginally lower in the absence of sustained buying later in the day. The Strait Times Industrial Index touched an intra-day high of 1,078.62 but came off to close the day 1.99 points lower at 1.065.03.
    205 words
  • Article
    Intervention fear drags down US dollar
    121 1 THE US DOLLAR yesterday dipped against the West German mark on Europe's foreign exchanges amid nervousness that major central banks might intervene for a third consecutive day to stop the US currency's rise. The West German Bundesbank said it had intervened in the currency
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  • Article
    All three candidates confident of winning JB by-election
    304 1  -  By PAUL GOPAL AS CAMPAIGNING drew to a close last night for the Johor Baru parliamentary by-elec-tion, all three candidates were confident of victory. Johor Mentri Besar Haji Muhyiddin Yassin said the candidate of the ruling Barisan Nasional coalition, Haji Mas'ud Abdul
    304 words
  • Article, Illustration
    PAP faces broadest challenge since 1972
    580 1  -  Only 11 seats returned unopposed By FOO CHOY PENG THE PEOPLE'S Action Party goes to the Sep 3 polls with the broadest opposition challenge since the 1972 election. With walkovers in only 11 seats at the close of nominations yesterday, it faces fights for
    580 words
  • Article, Illustration
    CPF-for-education panel being set up
    420 1 A MINISTERIAL committee is being set up to study the nitty-gritty of using Central Provident Fund money for education. Finance Minister Dr Richard Hu said yesterday the education and labour ministers would be in the committee. Members of Parliament, including Or Tan Cheng Bock who
    420 words
  • Article
    Lock icon US merchandise trade deficit narrows
    145 1 Reuter THE US merchandise trade deficit narrowed to U5529.94 billion in the April-June quarter, the smallest trade gap in three years, the Commerce Department said. In the January-March first quarter, the United States ran a deficit of $35.18 billion. Analysts expect the deficit, which reflects
    Reuter  -  145 words
  • Article
    Lock icon Rangoon to consider multi-party democracy
    307 1 Agencies BURMA'S STATE President Maung Maung said the ruling party's executive committee would resign if the party refuses to hold a referendum on changing from single-party rule to mul-ti-party democracy. The Burmese government, under pressure from hundreds of thousands of demonstrators, yesterday lifted martial law.
    Agencies  -  307 words
  • Article
    Bangkok plans bigger budget for next fiscal year
    313 1 THE NEW government of Prime Minister Chatichai Choonhavan will propose to parliament a national budget larger than the one planned by its predecessor for the fiscal year starting Oct 1. Budget bureau director Bodi Junanon told reporters Mr Chatichai's Cabinet would raise
    313 words
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      220 1 n TIEN GOURT Jf{ SICHUAN CUISINE ft* King's Hotel Havelock Road Singapore 0316 Tel: 733 0011 Full report, PAGE 18 Regional markets, PAGE 20 World markets, PAGE 21 US wants a mora stabla dollar, PAGE 9 How to get ahead without ending up in deep waters. If vou'rc thinking of
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      246 1 A test of leadership or pluralism, PAGE 12 ®DOtfßiara Editorial Comment: 12 A crucial difference voters must note JB by-election 12 A test of leadership or pluralism? One man'# view 12 Chinese support for Shahrir Home Newt: Sanyo's air-con compressor plant aims for $100 m turnover; STPB gets proposals for
      246 words
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      18 1 More stories, PAGES 2-4 Leader, PAGE 12 Advertising Marketing page has been held over due to pressure on
      18 words
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      52 1 TOTAL TRANSPORTATION SERVICES 3?J tel: 265-3833 CROWN PACIFIC Burmese health minister quits, PAGE 6 Melwani, exclusively male. 7\£>w Open at I nternational B uilding (Next to Lido Theatre) 360 Orchard Road, "01-18 1 *02-55 56 58 Wisma Atria Tel *****25 *02-23. Plaza Singapura, Tel *****29 Ist level. Metro Marina Sauare
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  • GENERAL ELECTION '88
    • Article
      The final line-up for the polls
      810 2 PAP returned unopposed Single constituencies BUKIT TIMAH Wang Kai Yuen, Lecturer TANGLIN Lew Syn Pau. General Manager Group Representation Constituencies CHENG SAN GRC (Chang San, Chong Boon, and J a Ian Kayu) Lee Yock Suan, Minister S Chandra Das, Businessman Heng Chiang Meng, Bank
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    • NOMINATION DAY
      • Article
        Conference Hall
        462 2 The official run-up to Singapore's eighth general election began yesterday when 156 people filed into 12 nomination centres across Singapore to declare their candidacy. Here is what BT reporters found at the centres. A SELF-DECLARED follower of Prime Minister Lee Kuan Yew has decided to take on his
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      • Article, Illustration
        Anderson JC
        270 2 BRIGADIER-GENERAL (Res) Lee Hsien Loong said it would be difficult for the PAP to win all the 81 seats in the coming general election. But he declined to give a realisable figure for the ruling People s Action Party. "We fight every constituency to win," he emphasised when
        270 words
      • Article, Illustration
        Ping Yi Sec School
        261 2 THE WORKERS' PARTY kept its cards so close to its chest yesterday that even after nominations opened, many were still uncertain as to whether it would contest the seats. It was only at about 11.40 am, when there was some commotion from the PAP supporters at
        261 words
      • Article
        Chok Tong to boost ties with M'sia
        74 2 MR GOH CHOK TONG said yesterday that one of his more important tasks in the years ahead will be to further promote the existing good ties Singapore enjoys with neighbouring countries like Malaysia. The First Deputy Prime Minister added that Singapore's close ties
        74 words
      • Article
        East View Sec School
        367 2 THE NOMINATION centre at East View Secondary School was abuzz with excitement yesterday when Minister of State for Education Dr Tay Eng Soon strode in to represent the People's Action Party in the Group Representation Constituency (GRC) of Eunos. The surprise switch was apparently in response
        367 words
      • Article
        Geylang MGS
        348 2 A RIPPLE caused by incorrect information on the part of the Singapore Democratic Party hiccuped the otherwise smooth proceedings. Mr Ashleigh Seow of the SDP objected to the candidacy of PAP candidate Brigadier-General George Yeo thinking that the latter was not eligible to contest the election as he
        348 words
      • Article
        Braddell Sec School
        418 2 A WOMAN who is not a politician and who says she does not talk to the press found herself surrounded by reporters at the Braddell Secondary School nomination centre yesterday. She was Mrs Tay Eng Soon. Reporters started gathering around her when they realised that her husband
        418 words
      • Article
        Victoria School
        403 2 IS ANGKATAN Islam Singapura a fundamentalist Muslim party? "No comment. I'll let you know," party member S Sani Jan told reporters at Victoria School nomination centre yesterday. He would not comment on his educational qualifications or grassroots experience either, but would only say: "A layman can be a
        403 words
      • Article
        Jin Tai Sec School
        504 3 ULU P AND AN will be contested for the first time since 1972, Buona Vista will see a three-cornered fight and both GRCs at Brickworks and Pasir Panjang are being contested. At the Jin Tai Secondary School nomination centre. Environment Minister Dr Ahmad Mattar looked at
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      • Article
        Raffles Institution
        333 3 80UND TRAVELLED faster than tight at Raffles Institution yesterday as shouts of "PAP More Good Years" were heard even before the supporters were sighted. A bus and three truck-loads of them arrived half an hour early. There was no sign of the opposition until 15 minutes later, when
        333 words
      • Article
        Yishun Sec School
        316 3 THE SINGAPORE Democratic Party's unheralded appearance at Yishun Secondary School yesterday came as no surprise to the People's Action Party. "We had half a suspicion that they (SDP) will contest some of the seats," said Education Minister Dr Tony Tan, adding that the PAP has "a very
        316 words
      • Article, Illustration
        Workers' Party accepts its limitations
        293 3 THE Workers' Party (WP), which is fielding the largest slate of any opposition party, now admits being unable to form the next government a goal party chief J B Jeyaretnam set at the last election. The WP's 31 candidates, plus four more from sister-party PKMS
        293 words
      • Article
        Our chances are good, says Chiam
        367 3 "IF YOU GOT a scale of one to 10, I think we are closer to 10." That was the reply given by Singapore Democratic Party's Mr Chiam See Tong when asked how he rated his party's chances of success at the coming elections. But
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      • Article
        When you will get your poll cards
        168 3 VOTERS will receive poll cards by post this week from today. The cards will be delivered to voters in the 50 contested electoral divisions (comprising 40 single-seat wards and 10 group representation constituencies) between today and Saturday. Voters who changed their addresses between
        168 words
      • Article
        Jurong Junior College
        259 3 FOR A WHILE, it seemed as though only two parties, the PAP and the SDP, were fielding candidates at the Jurong Junior College Nomination Centre. When nominations opened, they were the only ones there. No other candidate from any of the other parties was visible. There was
        259 words
      • Article
        Teck Whye Sec School
        373 3 AT TECK WHYE Secondary School yesterday, the Singapore Democratic Party (SDP) candidate for Bukit Gombak, Ling How Doong, came close to being disqualified. The duplicate copy of his statutory declaration did not have a revenue stamp and the returning officer at the nomination centre said his
        373 words
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      164 3 A GOLDEN OPPORTUNITY! HIGHWAY PLAZA 3 V □LJ ~~4r hL r vl i»> 1 iI E *>*- re 4 BUY AN INDUSTRIAL SHOPLOT STRATEGICALLY LOCATED IN PJ's GOLDEN MILE, FRONTING THE FEDERAL HIGHWAY hop lol Now, from theSungei t; Way Group r comes which offers you the opportunity to invest
      164 words
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  • HOME NEWS
    • Article, Illustration
      Sanyo's air-con compressor plant aims for $100 m turnover
      492 4  -  By ANDREW RAJKUMAR SANYO'S new air-conditioner compressor plant in Jurong, which begins production this November, will reach an annual turnover of $100 million a year in 1990. The 10,000 square metre plant will initially produce 50,000 units monthly on a single-shift
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    • Article, Illustration
      PEOPLE IN BUSINESS
      305 4 SHOJI TAKEOAHARA has been appointed director of the Industrial Electronics Department of the Japan External Trade Organisation (Jetro) Singapore. Mr Takedahara is a graduate of the Kyoto University and has many years experience, having worked in various divisions of the Ministry of Trade and Industry in Japan.
      305 words
    • Article
      New goods classification to be set up next year
      232 4 A NEW WAY of classifying commodities for trade and customs purposes will be implemented next year, bringing local product classifications in line with the international system. A press statement jointly released by the Trade Development Board (TDB) and the Customs Excise
      232 words
    • Article, Illustration
      STPB gets proposals for Bugis St project
      496 4  -  By TONG SUIT CHEE THE RE-CREATION of Bugis Street, the infamous night spot once well Known for flamboyant transvestites and open-air food stalls, has moved closer to reality with the receipt of four development proposals by the STPB. Tenders were submitted to the
      496 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      893 4 The Acer 1030 marks the debut of one of the world's first PS/2 compatibles in Singapore. Enough has been written about the exciting standard of the PS/2 and you'll find nothing new here. Because, if you are in the computer-know-of-things, anything more we have to say on the subject will
      893 words
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      10 4 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day
      10 words
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      364 5 </'C C v v J ft Y* r. »11 4, f j frl V t*: V K'/ I .v> r i > IU i -I W V A u>» WJ> r\ -J yhh\ ■J' ;SVV"'-» IV.J f,J 'J^JP A.-L? i < r-=*- n>=~ H r fir v -^fS= -I r
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  • ASIA – PACIFIC
    • Article
      Lock icon Takeshita to enhance ties during China visit
      590 6 Six-day stay begins today AFP JAPANESE Prime Minister Noboru Takeshita wants to enhance mutual understanding and trust during his visit to China beginning today. Mr Takeshita told Chinese journalists in an interview in parliament in Tokyo he hoped to do this by having
      AFP  -  590 words
    • Article
      Lock icon 'Silkworms in Gulf — China needed the cash'
      126 6 'Silkworms in Gulf China needed the cash' AP CHINESE guided missiles have found their way into the Middle East and the Gulf war because China needs money to finance its modernisation and has incomplete control over exports, a visiting Beijing scholar said on Tuesday. "I think the motivation was money,"
      AP  -  126 words
    • Article
      Lock icon Formosa Airlines not allowed to offer direct Taiwan-China flights
      228 6 AP FORMOSA AIRLINES of Taiwan has applied for government permission to inaugurate the first direct passenger flights between Taiwan and China. Yuan Sung-hsi, spokesman for the Communications Ministry, told reporters on Tuesday that the application would be denied because the Nationalists
      AP  -  228 words
    • Article
      Lock icon Businessmen welcome Australia's record surplus
      216 6 AFP MANY business leaders in Canberra have welcomed Australia's record budget surplus announced on Tuesday and the government's commitment to repaying As 3 billion (about US$2.4 billion) in foreign debt. There was little criticism of Australian Treasurer Paul Keating s budget, which provided for a
      AFP  -  216 words
    • Article
      Lock icon Burmese health minister quits
      79 6 AFP BURMESE Health Minister Tun Wai resigned last Friday. state-run Rangoon newspapers said on Tuesday. confirming unofficial reports last week that he had stepped down. Reliable sources close to the government said last week that Mr Tun Wai resigned in the wake of a shooting on
      AFP  -  79 words
    • Article, Illustration
      Lock icon UN team commander cites problems in checking Gulf truce
      270 6 Reuter IRAN AND IRAQ have accused each other of violating a four-day-old ceasefire in the Gulf War by moving troops up to forward positions on the battle front. The commander of the UN team of military officers monitoring the ceasefire acknowledged
      Reuter  -  270 words
    • Article
      Lock icon Give army no excuse, urges Benazir
      452 6 Reuter PAKISTANI opposition leader Benazir Bhutto has traded her tough rhetoric of ok! for a new softness with the declared aim of giving the army no reason to seize power. Less than a week after army chief and President Mohammad Zia-ul-Haq died in an
      Reuter  -  452 words
    • Article
      Lock icon N Korea accuses US of arms buildup
      172 6 AFP NORTH KOREA has accused the United States ot violating a truce agreement under the pretext o< Olympic security and lodged a protest with US authorities, Pyongyang s official Korean Central News Agency (KCNA) said yesterday. Pyongyang warned of the consequences of increased
      AFP  -  172 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      915 6 ARRIVALS Operator Sorvic* Local From number tWn* SU SOU 0040 LAX/NIT UAL UA805 0045 SFO/HKG FT FT15 0158 TP€ G1A GA3127 0520 HLP GiA GA1)22 0550 JED/AUM MAA IAC tC555 0655 GIA GA1223 0725 JPG SiA SQ411 0800 BOM MAS MM640 0820 KUL MAS AAH651 0910 P£N
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      299 6 TKiviotomfiuter —vg The Microcomputer Industry Event of the Year August 25-28, 1988 Hall 3, World Trade Centre, Singapore Don't miss the latest and the best under one roof. Let COMTEC '88 help you in your choice of new computers, software, peripherals, accessories or supplies. COMTEC '88 features: More than 200
      299 words
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      9 6 China-Japan relations sat to antar new phase, PAGE 13
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      58 6 rI U Jm lf\ I V The business person's chcxe. every I I II 111 I Tuesday. Thursday. Saturday and I 1 II \l II f Sunday. Leaving Changi Airport at J_ 1 JL 22:05 hours and orriving ot Lester B Pearson International Airport the following day Call your Trovel
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      75 6 BY GARRY TRUDEAU I'M GOING, BP. wgwa i just cant CIASS, GiL GETOVBR WIS J— N G&OGRAPHY C\ K SURVEY.,. A AMONG 18-TO 24- YBAR-OLDS, U.S. KIPS SCORBP PEAP LAST IN GEOGRAPHIC LITERACY. ONE IN SBVBN CANT BVBN HNP THEIR OWN COUNTRY ON A MAP! TM GOING TO TRY THESE
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      83 6 V/S' Montr eo I Moscow Nossou New Delhi New York Nicosia Oslo Paris Perth Rio 'Janeiro Rome Son Fris'co San Juon Santiago Soo Paulo Seoul Stockholm Sydney Taipei Tokyo Toronto Voncouver Vienna Warsaw Washington 18/09 Cloudy 27/14 Sunny 33/25 Clear 35/25 Cloudy 22/15 Roin 38/24 Clear 12/12 Cloudy 19/12 Sunny
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  • REST OF THE WORLD
    • Article
      Lock icon UK 'Pink Book' shows higher deficit
      104 7 AFP THE BRITISH balance of payments deficit rose to £2.5 billion (US$4.2 billion) in 1987, according to the "Pink Book" published yesterday by the Central Office of Statistics. The 1986 deficit was only £200 million. Britain's 1987 trade deficit was £10.2 billion (about US$l7.3
      AFP  -  104 words
    • Article
      Lock icon US calls for independent trade unions in Poland
      181 7 AFP THE US has called for the legalisation of independent trade unions in strike-ridden Poland, urging the Warsaw government to negotiate with labour representatives in the face of mounting social tensions. Addressing eight days of work stoppages that have spread to mines,
      AFP  -  181 words
    • Article
      Lock icon CEOs prefer Bush for president: survey
      322 7 Reuter FIVE OUT of six US chief business executives will vote for Republican George Bush for president and most believe he will raise taxes, just like Democrat Michael Dukakis, a new survey found. According to the survey, published in Fortune magazine, 86 per cent
      Reuter  -  322 words
    • Article, Illustration
      Lock icon Poland acts to curb strikes
      327 7 Reuter POLISH AUTHORITIES have acted to curb the country's worst strike wave since 1981 as the government announced that a parliamentary panel will review efforts to improve the economy. Officials in the southern mining town of Jastrzebie imposed a curfew on Tuesday night, specially empowered
      Reuter  -  327 words
    • Article
      Lock icon Who will put the US fiscal house in order?
      511 7 Reuter MOST ECONOMISTS say there s only one big question in the US presidential campaign which candidate is more likely to cut America s huge budget deficit. But when it comes to the answer, they generally confess they are in the
      Reuter  -  511 words
    • Article
      Lock icon Panama charges US violated treaty
      299 7 AFP THE US has violated the 1977 Panama Canal Treaty almost 300 times in the last six months, a senior Panamanian military officer has charged Colonel Rogelio Alba, a member of the Panamanian Chiefs of Staff who sits on the Panama Canal Commission did not
      AFP  -  299 words
    • Article
      Lock icon Japan regrets signing of bill
      288 7 AFP JAPAN yesterday regretted the signing on Tuesday by President Reagan of a controversial US trade bill it said might hinder world economic development. Japan s Chief Cabinet Secretary Keizo Obuchi said: "The Trade Act may have serious impacts on bilateral and multilateral cooperative relations
      AFP  -  288 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      155 7 "The Carlton Hotel." "Singapore?" "Yes. Superior, first class. Very friendly service." "They're all the same." "That's what I thought. But the Carlton's different. It's got atmosphere." "What's so special?" "Well, take the atrium. It's spacious. But not cold, or imposing. Very elegant in fact. Marble and light oak, with a
      155 words
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      Page 7 Advertisements Column 2
      10 7 Candidates paying scant attention to US forsign policy, PAGE 13
      10 words
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      Page 7 Advertisements Column 3
      102 7 JLW Investments FOR SALE BY ROBINA HOUSE NO. 1 SHENTON WAY SINGAPORE Quality multi-storey office building in Singapore's prime financial district Superb waterfront location, with S> unobstructed panoramic sea views Only 3 minutes walk from Raffles OS Place MRT station Easy access to Changi Airport and Jurong Industrial Estate via
      102 words
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  • MONEY AND EXCHANGES
    • Article
      Asian dollar market
      316 8 ASIAN dollar deposit rates closed at the opening levels yesterday, with trading in the afternoon quiet. The market will be watching US Treasury auction of U557.25 billion of five-year notes. Among short-dates, the overnight rate fell 3/16 point at the outset because of a lower US Fed
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    • Article, Illustration
      World interest rates
      192 8 Indicates the average of the prime tending rates of 12 major bank* in S'pore r Interbank market rates (offer/bid) on Aug 24 us$ DM SWFC 7 do< r« 8 3/16 1/16 10 3/4 1/2 5 1/16 4 15/16 3 1/8 3 4 5/8 1/2 i 8 1/4
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    • Article
      Money markets
      71 8 THE OVERNIGHT rate on the Singapore money market dropped point yesterday to end at 4 7/8 per cent. One-month rate declined 1/16 point while the two-month rose by the same point. The threemonth remained unchanged. S$ Interbank rates at the close yester day: Of«» BIO night 4 7/8
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    • Article
      Government securities market
      111 8 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****W 24.11.88 4.18 4.13 4.18 4.13 6 months BY*****T 24.11.88 4.18 4.13 1 year BY*****S 20.07.89 4.60 4.55 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID
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    • Article
      Forex markets
      1172 8 SINGAPORE: The US dollar closed easier against most major currencies yesterday. Against the Singapore dollar, the US dollar closed easier at 2.039/00 in erratic trading. It traded within a range of 2.0425 and 2.0385. It opened initially at 2.0400/10. The dollar ended sharply lower against the mark on
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    • Article
      Foreign Exchange
      227 8 Interbank rates at 3pm yesterday: Cumnclfi Nominal rate* Smlthaonian BIO OFFER croee parity change Local dollars to one unit of foreign currency: US dollar 2.0390 2.0400 2.8196 -27.68 Sterling pound 3.4143 3.4180 7.3469 -53.53 Australian dollar 1.6587 1.6615 3.4286 -51.62 NZ dollar 1.2968 1.2994 3.4286 -62.18 Canadian dollar
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    • Article
      Simex
      492 8 DECEMBER Eurodollar futures on Simex opened 5 ticks higher than yesterday's close at 90.79 following firmer overnight trading as a result of a lower than expected durable orders and lower fed funds. After edging to the high of 90.80, the December contract eased off to the low of 90.77
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    • Article
      Lock icon IMM
      279 8 Reuter CURRENCY futures on the International Monetary Market settled mostly lower despite another session dominated by central bank intervention against the dollar. Before trading began, central banks reportedly embarked on a round of concerted intervention in Europe, then continued to sell dollars in the New York interbank market. But
      Reuter  -  279 words
    • Article
      Comex gold/silver futures
      193 8 Gold futures on Aug 23, 1988 100 troy ounces USS pet troy ounce Open High Low Santa Aug 433.7 434.00 432.30 432.20 1.40 S.P 433 50 -1.40 Oct 437.00 437.50 435 50 436.00 -1.40 Dac ***** 443.50 441.50 441.80 -1.40 Fab 449 50 449 50 448 30
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    • Article
      Options
      1457 8 CURRENCY FUTURES OPTIONS Wednesday, Aug 24, 1988 OEUTSCHEMARK (SIMEX) Sep M ca High Low 50 52 53 478 37 54 ISA 55 54 57 58 59 63 lla Sett 51 20 1 CAS CAB Sap SB puts High Low Set! 5 378 28 28 70A 66 1648 138A 133
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  • BANKING AND FINANCE
    • Article
      Lock icon US wants a more stable dollar
      555 9 NYT THE REAGAN administration believes a further rise of the dollar could be troublesome and it prefers a stretch of stability, a senior official indicated on Tuesday. The official said he welcomed signs that market pressures behind the dollar s recent rise might be
      NYT  -  555 words
    • Article
      Lock icon Central banks sell dollar
      297 9 Reuter CENTRAL BANKS hit markets with concerted dollar sales for a second straight day on Tuesday and succeeded in checking an advance by the US dollar. The Bundesbank unloaded about US$2OO million on Asian markets while speculators in Europe were still getting out of bed. As
      Reuter  -  297 words
    • Article
      Lock icon Central banks in close contact, says Tokyo
      110 9 Reuter BANK of Japan governor Satoshi Sumita said that major central banks are in close contact to cope with the mark's weakness, and that current mark movements are speculative and could lead to market instability. He also told reporters that recent US and
      Reuter  -  110 words
    • Article
      The Great Eastern Life turns 80
      105 9 THE GREAT Eastern Life Assurance Company is celebrating its 80th birthday tomorrow with a dinner at the Westin Stamford. The company has earlier this month proposed a three-for-five bonus issue. It also declared an interim dividend of nine cents, one cent more than that
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    • Article
      Lock icon Australia to ease deposit ruling for trading banks
      282 9 Reuter THE AUSTRALIAN government will phase out the Statutory Reserve Deposit (SRD) requirement for trading banks, Treasurer Paul Keating has said. In addition, the long-standing legal distinction between trading and savings banks will be removed as part of a further deregulation of
      Reuter  -  282 words
    • Article, Illustration
      Citibank poised to enter local plastic card fray
      490 9  -  Singapore picked as regional card centre By LEONG WEN WAH CITIBANK NA plans to enter the plastic card fray by issuing Visa credit cards in Singapore, Indonesia. Malaysia and Thailand next year, the bank said in a statement yesterday. It has also
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    • Article
      Lock icon Bank Negara proposes code of ethics
      485 9 Bernama BANK NEGARA Malaysia has proposed a minimum code of conduct for directors, officers and employees in the banking industry. The code of conduct was aimed at codifying some time-tested and generally accepted banking ethics as a uniform minimum standard of conduct for bankers.
      Bernama  -  485 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      276 9 MEET WITH SUCCESS AT LE MERIDIEN SINGAPOUR CHANGI SB* 9 r, <i* sx H Wi a m wz i For your conference or meeting away from the hectic pace and interruptions of the city, look no further and meet at Le Meridien in Changi. With a choice of elegantly-designed function
      276 words
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      Page 9 Advertisements Column 2
      152 9 HOW TO INCREASE PRODUCTION 3 TIMES FROM A SINGLE SHIFT" MR H B CHAN VICE PRESIDENT A MANAGING DIRECTOR CONNER PERIPHERALS SINGAPORE LTD "WHEN WE MOVE TO NEW TECH PARK, WE'LL TRIPLE OUR PRODUCTION AREA AND INCREASE PRODUCTION CAPACITY BY 3 TIMES," SAYS MR CHAN OF ■K CONNER PERIPHERALS. ONE
      152 words
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  • COMMODITIES
    • Article
      Lock icon World rubber demand seen rising by 2.8pc
      271 10 Reuter WORLD RUBBER consumption is expected to climb by 2.8 per cent to 14.7 million tonnes this year due to an improved world economy, the Malaysian Rubber Research and Development Board (MRRDB) said in a quarterly review The board estimated world natural rubber
      Reuter  -  271 words
    • Article
      Lock icon 'Oil price rebound unlikely'
      236 10 Reuter PREDICTIONS that oil prices are unlikely to show any sharp early rebound from currently depressed levels made for a gloomy start to an annual get-to-gether of world oilmen. The Offshore Northern Seas Trade Fair at Stavanger, Norway, a centre of North Sea oil operations, is
      Reuter  -  236 words
    • Article
      Lock icon Soybean futures hit by late selling
      313 10 Reuter HEAVY LATE SELLING by commercial firms battered soybean futures in Chicago on Tuesday, denting corn and gold prices while sugar, which closes half an hour before grains, narrowly missed a related setback. Wheat, boosted by export business, benefited also from the sinking of
      Reuter  -  313 words
    • Article
      Lock icon China may not meet grain output target
      329 10 UPI CHINA MAY fail to meet crucial gram output targets this year in the wake of severe drought, floods and typhoons battering the country, China Daily reported yesterday. Western agriculture experts said the harvest shortfall was expected, noting it was unlikely to have
      UPI  -  329 words
    • Article
      Precious Metals
      294 10 HONGKONG: Gold closed barely changed yesterday in quiet and mainly directionless trading, dealers said. Bullion ended at U*****.10/60 an ounce against an initial U*****.00/40 and New York's close of U*****.00/50. Prices ranged between U*****.50 and U*****.00. On the local market, gold fell HK$6 to close at HK54,033 a
      294 words
    • Article
      Palm Oil
      520 10 MALAYSIAN CRUDE PALM OIL FUTURES yesterday closed with extended falls which began early last week, following further liquidation in increased trading. Weaker Chicago soyoil futures continued to weigh on prices, dealers. But late covering was again noted, lifting values off the day's lows. Sep and Nov closed Msll
      520 words
    • Article
      Lock icon KL Tin
      221 10 Reuter On tha KLTM, tin prtca rot* for tha ninth conaacutlva trading day, andlng alght cants hlghar at Mslt.M a kg, daalara aald. Thay aald tha continued bullish aantlmont was dua to acttva Europaan covarIng following a shortaga of motal In Europa. Local support waa alao notad. Voluma
      Reuter  -  221 words
    • Article
      RAS and MRELB
      286 10 RAS prices m S cmMq, FOB In tel* NOON CLOSE Buyers S#tl#rs Buyers Seller? bit 1 RSS Prompt 248.50 249.50N 247JO 248.50N bit 1 RSS Sop 88 248.50 249.50N 247JO 248JON bit 1 RSS Oct 251.50 252.50N 250.00 251.00N Int 2 RSS OP 246.00 248.00N 245.00 247.00N
      286 words
    • Article
      Rubber
      264 10 SINGAPORE l Rubber prices closed easier yesterday with September RSS 1 bid at 247.50 cents a kg, down two cents from Tuesday's close, deal- ers said. After a steady opening, prices drifted slightly lower toward the morning's close due to lack of interest and some long liquidation, they i
      264 words
    • Article
      SSR and SMR
      89 10 (cantt/kg) SEPTEMBER 1988 OCTOBER 1988 (currant month) (forward month) RAS NOON 8vy«n S*H*n NOON lvy*n S*ll«rt SSR 20 219.00 221.OON 219.00 221.OON SSR 50 217.00 219 OON 217.00 219.00N MRELB luyart S«ll«r» lvy*rt S»H«rt SMR CV 390 00 392.00N 392.00 394 OON SMR I 390.00 392 OON
      89 words
    • Article
      Oil and Products
      58 10 Dubai <S*p) 13.10 -0.07 W««t Texas WTI (S«p>* 15.77 +0.02 New Yort dot* praviout day. Products (FOB S'pore) US$/barr«4 Change KtfOMn* 18.60 -0.05 Go toil 16.80 unch Low Sulphur Waxy due R*siisw* 13.25 undi a 14.45 uneh USS/tonn* Chang* Fv»l oil 72.50 -0.50 AH prio 1 i
      58 words
    • Article
      Produce Prices
      236 10 Chinese Produce 110 FOB NSW 1455.00 A-1 Spociol 243 Exchange BWP FOB NSW 1140.00 C-l Spociol C-l Ord Loonzain Rice unq unq Sellers' noon dosing prices on Aug 24 (SS/100 kg) Gambler FOB NSW 190.00 Coconut oil 100% 1st grodo unq FAMA 100% 2nd grodo 310 Bulk FOB
      236 words
    • Article
      London markets
      314 10 London CIF UK/Rotterdam Settlement 1368 (1310) Commodity Exchange Buyer/Seller doting prices on Aug/Sep Sep Oct Nov Dec unch (435slr) 425tM420sir) 427slr (425tlr 430tlr (430tir 435tlr (435t!r Tone: Soles: (6689) Copper Standard Cosh 1300/1305 (1300/1305) Aug 23 (£/tonne unlets 3-months 1300/1305 specified). M'sion RBD FOB (1295/1300) Previous doting pricet
      314 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      152 10 Tl?e Graijd \lastei Mam 1 <*<\ That's news that should 4jQ thrill even epicureans in F ccmq A "7i IDI our m^st titrate 1 tastebuds, there's Tai No (Level 6) Usuzukuri (thinly sliced J sea bream), Fugu Yakishimo Zukuri (lightly ™i broiled globefish with vinegar sauce) and V Senbazuru Kaiseki
      152 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      350 11 Now there's room for everyone on the fast track. Compaq introduces the best of 386 technology for every computer user. The new 25 MHz COMPAQ DESKPRO 386/25 The 16-MHz COMPAQ DESKPRO 386 The new 16-MHz COMPAQ DESKPRO 386s The 20-MHz COMPAQ DESKPRO 386/20 TT V♦ V 1 v 4 When
      350 words
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  • PERSPECTIVE
    • Article
      A crucial difference voters must note
      548 12 ELECTIONEERING starts in earnest today. The turnout of opposition candidates this election is the greatest since the 1972 polls. Entrenched though the People's Action Party may be. it will have to take the challenge from the 75 opposition candidates very seriously. Few doubt that
      548 words
    • Article, Illustration
      A test of leadership or pluralism?
      1596 12  -  Today, Johoreans go to the polls to vote in the Johor Baru by-election. PAUL GOPAL, reporting from Johor Baru, sums up the campaigns of the three candidates and assesses their chances. PAUL GOPAL TODAYS Johor Baru by-election, which was triggered by the resignation of
      1,596 words
    • Article
      Chinese support for Shahrir based on two short-sighted views
      1476 12  -  By SEAH CHIANG NEE SINGAPOREANS who have been following events in Johor Baru in the past two weeks have reason to feel reassured by pledges that the result of today's by-election will not affect proposed moves to expand the Causeway and
      1,476 words
    • Article, Illustration
      Lock icon Candidates paying scant attention to US foreign policy
      747 13  -  By BARRY SCHWEID AP FOREIGN POLICY is getting very little attention from the candidates as the US presidential campaign gets started. The Republicans seem to be content to play vaguely on Vice-president George Bush's experience, while the Democrats are saying even less.
      AP; Source: A PUNCH cartoon  -  747 words
    • Article, Illustration
      Lock icon China-Japan relations set to enter new phase
      1164 13  -  It has been 10 years since Japan and China signed a peace and friendship treaty. Beginning a six-day visit to China today, Japanese Prime Minister Noboru Takeshita hopes Sino-Japanese ties will be cemented even furthur, reports PATRICK SMITH. PATRICK SMITH IHT WHEN Prime
      IHT  -  1,164 words
    • Article, Illustration
      Clash between World Bank, Manila looms
      806 13  -  AL LABITA Jr looks at the source of conflict, the World Bank-imposed liberalisation policy AL LABITA Jr THE PHILIPPINES and its major lender, the World Bank, appear headed for a collision course over the World Bank-imposed import liberalisation policy in the economically struggling South-east
      806 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      198 12 if \J?A y£ V>' v ri*****' l-r' ~J?X WE'LL DELIVER To Your Home Or Office AT NO I !i EXTRA ■*>- i\-~J |v-Q w ■rvx£>i\zz&Z'j (k o A D"' i *0* .wtd C^" 0 SINGAPORE BUSINESS gives you the newest trends affecting the economy, analytical features and snappy columns on
      198 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      295 13 Before buying the world's ultimate in wordprocessing, consider the sticky side of things. Primefield Primefield IMPORTANT This package is distributed by Primefield. To ensure eligibility for customer support and update notices, please complete and return the Customer Registration Card to Primefield Co Re Ltd, 180 Clemenceau Ave, #07-01 Haw Par
      295 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      32 13 L-OOP WGRG. CURBED LINE t H'CR£. r i^O) To>DDLV brv HtTRe. STgßiGvrr utsic TH£££ EVENING STANDARD CO LTD 1962-1988 OF t-oftvy Bits VOI LA SELF Porter ('A r O L I'lV 7733
      32 words
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  • LEISURE
    • Article, Illustration
      Lock icon Pop go the memories of lost youth
      742 14 AUCTIONS FT IF YOU HAVE ever felt that your Elvis Presley impersonation would be that touch more convincing if you were wearing The King's one-piece white stage suit with gold lame-lined cape, or the flamboyant climax to your fancified guitar solo might look
      FT  -  742 words
    • Article, Illustration
      Shots of nature in a concrete jungle
      529 15  -  EXHIBITIONS By SANGEETA MULCHAND Nature in the Asia Pacific Region photo exhibition Goethe Institut, #06-01. Singapore Shopping Centre On until Aug 30. NATURE PHOTOGRAPHY in urbanised Singapore? You better believe it. More than half of the 130 photographs at the Malayan Nature Society's
      529 words
    • Article
      Pesta Sukan tournament
      360 15  -  BRIDGE By MIKE THUMBA OVER 80 BRIDGE players from Singapore. Malaysia, Indonesia, Japan including a lady player from Sri Lanka gathered at the Boulevard Hotel for the Annual Pesta Sukan Bridge Tournament, organised by the Singapore Contract Bridge Association last Friday. Saturday and Sunday. The first event
      360 words
    • Article
      Top rating for N-Day Parade
      129 15 SEVEN OUT OF 10 people, or 1.65 million people four years old and above, watched this year's National Day Parade live on SBC between 7pm and 8.45pm on Aug 9. "This is the highest rating ever achieved by a TV programme. Virtually all TV viewers
      129 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      885 14 COURVOISIERXO WHERE TO ENTERTAIN j H| Cafe Vienna has expanded its spread f of tea time 111 ljr~ snacks. There is now a H VOQ| C! selection vCil/ij of more than 20 items each day because you had raved about our traditional treats and asked for more, i Each day,
      885 words
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      Page 14 Advertisements Column 2
      222 14 \N o <> (I Allen's Produced by special arrangement with Samuel French, Inc. The zaniest. finest and funniest comedy by- America's top comic script writer is now in Singapore. "...A master of bright and hilarious dialogue.." New York ftjst Book your tables early for seats of your choice Call 737
      222 words
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  • Page 15 Advertisements
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      635 15 CRYPTIC PUZZLE ACROSS 4 Anticipate a happy event? (6) 7 Pass William something to read (8) 8 Certainly no do-good-er! (6) 10 It's super, being immortal! (5) 13 Give a performance repeated in prison (4) 14 A hand, in a sense (4) 15 Initially, petroleum exporting countries (4) 16 It's
      635 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1303 15 Avery Brundage... father of the Olympics FEATURE SPECIAL King Of The Olympics: The Lives And Loves Of Avery Brundage (Pt 1) 10.40pm, Channel 5 David Selby (right) stars as Avery Brundage, the father the Olympics. This movie tells story of the man who relentlessly to sports common denominator for world
      1,303 words
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  • SPORTS
    • Article, Illustration
      Lock icon Unscheduled fight leaves Tyson with fracture
      473 16 NYT MIKE TYSON was supposed to begin training yesterday in Catskill, New York, for his Oct 8 fight against Frank Bruno in London. But Tyson got a head start in the wee hours of Tuesday morning when he tangled with another boxer, Mitch Green.
      NYT  -  473 words
    • Article
      Lock icon Hearns to fight for fifth boxing title
      455 16 AP THOMAS HEARNS. the first fighter to win world titles in four weight divisions, will shoot for a fifth championship when he meets World Boxing Association super middleweight champion Fulgencio Obelmejias on Nov 4. Two other championship fights will be held on the
      AP  -  455 words
    • Article, Illustration
      Lock icon Move to give Coe Olympic berth rapped
      635 16 AP STEVE CRAM charged it was unfair favouritism. Allan Wells said it was above and beyond the rules Runner Sebastian Coe's proposed back-door entry to the Seoul Olympic Games is suddenly unleashing a stream of criticism. One day after it was disclosed that
      AP  -  635 words
    • Article
      Lock icon Imran hits out at state of English cricket
      189 16 AFP ENGLISH CRICKET came under fire from former Pakistan cricket captain Imran Khan on Tuesday. In a special report for British television, Imran hit out at the way English cricket is organised and accused home-grown players of not being hungry enough for
      AFP  -  189 words
    • Article, Illustration
      Lock icon Soviet seed out in straight sets
      193 16 AP JULIE HALARD of France upset seventh-seeded Larisa Savchenko of the Soviet Union 7-6 (7-4), 6-2 in the first round on Tuesday of the US$2OO,OOO United Jersey Bank Classic in New Jersey. Top-seeded Steffi Graf, the world No. 1, was scheduled to face 16-year-old
      AP  -  193 words
    • Article
      Lock icon Michigan golfer holds lead in US amateur meet
      391 16 AP JOSH MONDRY of Michigan shot a four-under-par 66 to take the early lead in Tuesday s first round of stroke play at the 88th US amateur golf tournament in Hot Springs, Virginia. "It was a nice finish and a nice start,
      AP  -  391 words
    • Article
      Lock icon Azinger and Tway bag title
      120 16 UPI PAUL AZINGER and Bob Tway birdied the final two holes on Tuesday to win the U*****,000 Fred Meyer Challenge golf tournament in Portland, Oregon. On the final hole, Azinger sank a six-foot putt for a birdie four to move the duo to 19-under par
      UPI  -  120 words
    • Article
      Lock icon Yankees end losing streak
      329 16 UPI DON MATTINGLY singled home Rafael Santana from second base with one out in the ninth inning on Tuesday night, lifting the New York Yankees from a four-game losing streak with a 5-4 victory over the Oakland Athletics in New York. Santana led ofl the ninth
      UPI  -  329 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      88 16 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way every Tuesday in BT BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, horse-racing, tennis, bowling,
      88 words
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      Page 16 Advertisements Column 2
      8 16 The Frankly Speaking column has been held over
      8 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Some unanswered questions
      564 17 n mm™ HOCK LOCK SIEW UNITED INDUSTRIAL Corporation has a way of grabbing the headlines. But its latest foray into a travel company has left a few questions as to how the deal is structured. On the face of it. it looks as though UIC is walking
      HOCK LOCK SIEW  -  564 words
    • Article, Illustration
      Lock icon 20m Lumber shares to be placed with foreign institutions
      305 17 MBT A BLOCK OF 20 million General Lumber shares issued to acquire 65 per cent of Industrial Resins (M) is to be placed with foreign institutions. A stockbroking source said foreigners had indicated their readiness to buy the shares and arrangements
      MBT  -  305 words
    • Article
      LATEST RESULTS
      490 17 YEO HIAP SENG (M) Bhd: Group profit after tax and minorities of M53.49m ($2.57 m) on turnover of $100.05 m ($75.3 m) for the six months ended June 30. 1988. Earnings per share came to eight cents (5.9 cents). An interim dividend of 4pc less tax has been
      490 words
    • COMPANY BRIEFS
      • Article
        Malaysian firm sues ex-Carrian chief
        106 17 PETROLIAM NASIONAL Bhd has filed writs in the Hongkong High Court against former Carrian chief George Tan for unrecovered loans and interests totalling about USsl4om. Tan was alleged in the writs filed on Tuesday to be the guarantor of the loans made to six Hongkong
        106 words
      • Article
        PGB confirms going into plantation
        121 17 PROPERTY-BASED Petaling Garden Bhd (PGB) confirmed that it intends to diversify into the plantation sector in the near future. The manageable size of a plantation considered viable by the company was about 2,000 hectares to 4,000 hectares, it said in reply to queries from the
        121 words
      • Article
        Malaysian Mosaic's acquisition called off
        80 17 MALAYSIAN MOSAIC Bhd's proposed acquisition of the entire issued and paid-up capital of Quoin Hill has been dropped. The company said it has received the Capital Issues Committee's (CIC) approval on the proposed deal but subject to a revision in the purchase consideration to M536.609m
        80 words
    • Article
      Lum Chang satisfied that confidential information not divulged
      483 17  -  By KEVIN GWEE PROPERTY-CUM-construction group Lum Chang Moldings Ltd which, at the behest of the Stock Exchange of Singapore, conducted an investigation into *he alleged leaks of price-sensitive information, has drawn a olank as to the possible source of the leak. Through
      483 words
    • Article, Illustration
      National Iron & Steel reports higher profit
      517 17  - National Iron Steel reports higher profit Malaysian-based Malayawata still in the red By MAGDALENE NG NATIONAL IRON Steel Mills Ltd is continuing to depend on growing export sales of its products to make up for sluggish domestic demand due to the slow-down in the construction sector. As a result of
      517 words
    • Article, Illustration
      Lock icon MAS likely to do well, says chairman
      557 17 MBT MALAYSIA AIRLINES is expected to do well in the 1988/89 financial year with the continued improvement in the country's economy and the world economic environment. Chairman Tan Sri Raja Mohar bin Raja Badiozaman points out in his latest annual statement that operating
      MBT  -  557 words
    • Article
      Lock icon HongkongBank may pay 13pc more dividends
      220 17 Reuter THE HONGKONG and Shanghai Banking Corp has forecast a final 1968 dividend of not less than 26 HK cents a share, representing an increase of 13 per cent over last year. In 1987 it paid a final dividend of 26 HK cents, but
      Reuter  -  220 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      179 17 MTERNAHONAL LTD. i Vosper International is a UK based naval ship design and technology company established in 1978 as the design authority of the Vosper Group of warshipbuilders to provide design and technical support to the Group's Singapore shipbuilding subsidiary Vosper Re. Ltd. and to market Vosper's warship technology overseas.
      179 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      35 17 by Martell: I tfAi/f 7& 4/?wr/r~ O£>o.. I r jr £X/&r£c/ rvfZ'AMtr A* f 7W/e7Z/ Lis'J 7&//e7L/t/£AegA£o t/zv A/OWXft5&-06&. S/Ws/c/ t*//T# &££-OV&VS AAS£> //V 60K£'M7Z/ £>£>/£/£ &A£// I ~o -*p o— m —<7 fi+ £M. S3
      35 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article
      APPROVED ISSUES
      54 18 Company RIGHTS ISSUE Roloigh Seven-for-two $1 00 per share Ex-dot*: Aug 31 Rooks close: Sep H Company OTHERS Hotel Prop Non-renounceatoie offer by SIMM ol $17 5m HFl Bonds with warrants atloched on the bosh ol (500 Bonds lor 1.000 HPl shores heW at par. Ex-dote: Aug IS
      54 words
    • Article
      PROPOSED ISSUES
      284 18 Company RIGHTS ISSUE AMDB One-for-four $050 per share C 1 Holdings 27 million loon stocks in the ratio of $3 loon stock for every live ordinary shares held Duta Cow One-tor-one $1.10 per shore F N Two-for-five $300 per share f ACB One-for-one $060 per shore General Corp
      284 words
    • Article
      COMPANY MEETINGS
      169 18 EVERPEACE CORPORATION Berhad: 21st AQM at 20th Floor, Wisma Supreme, Jelan Punchak, ***** Kuala Lumpur, tomorrow, Aug 26 at 3.30pm. DAYAPI INDUSTRIES (MALA YBU) Berhad: 4th AQM at 15th Floor MCB Plaza,6 Changkat Raja Chulan, ***** Kuala Lumpur on Tuesday, Aug 30, at 10am. SINGATRONICS Limited: EGM at
      169 words
    • Article
      Unit trusts
      331 18 kManagers' prices for Aug 25 Singapore Unit Trust The Commerce 0 99 106 Th« Sovings Fund 087 093 S pore Prog Fund 041 045 S pore Sec Fund 065 0 70* S pore invest Fund 069 0 74 S pore Equity Fund 049 053 Asia Unit Trust Mo'
      331 words
    • Article, Illustration
      Market drifts marginally lower after a firm start
      714 18  -  -by LONG SHIH ROME THE STOCK MARKET yesterday closed marginally lower in a dull day that saw share prices retreating after a firm start. Dealers said selective bar-gain-hunting in the first two hours helped prices of quality stocks to rebound after 10
      714 words
  • Article
    SES SHARE INFORMATION
    5295 18 Gr's Gr's 11 M8 Tal Last Dlv Dlv rid Net Vol Day Last G kiole High Low Cod* Company Sale OC- C'vr P/E ('000) High Low Buyer! SECTION ONE MDUSTRIAL ft COMMERCIAL 141 95 t e 1000 Acma 119 -1 1 ON 2.4 08 49.5 48 123
    5,295 words
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  • SES/KLSE
    • Article, Illustration
      Bargain-hunting helps KL stocks close firmer
      3378 19 THE SELLING TIDE finally subsided yesterday and share prices closed steadier but off the day's highs on the Kuala Lumpur stock market. After eight sessions of unabated declines, dabblers probably decided the market had fallen low enough and did some bargain hunting. For the
      3,378 words
    • Article
      Lock icon DMIB revamps non-tyre operations
      501 19 MBT DMIB BHD's non-tyre operations, comprising largely its mattresses, chemicals and sports divisions. are being revamped to reflect its new name and the development of the group's own technology. In recent months. DMIB has taken steps to drop the Dunlop name from its products. The change
      MBT  -  501 words
    • Article
      DIVIDENDS ANNOUNCED
      538 19 Current payment Ca dale Book* dOM i! ToM lor the y*ar Total tor A B N Bank 13%% III Aug 23 NYA Aug 31 13*% 27% Alex Hldgt 6% to) Aug 30 Sep 9 Sep 26 6% Berjuntai 3% Aug 19 Sep 2 Sep 29 7% 5% CCM
      538 words
    • Article
      BONDS, LOANS & WARRANTS
      584 19 BONDS, LOANS WARRANTS Company Eaptry/ Coupon Convaraton period Mereet Convaraton term for one ordinary maturity <%) payable •hare Ml Oman Hup Wrti 1991 Anytime on or after Mor 1987 16 worronts plus $1 60 cosh until Dec 31. 1991. Oty D*v Roods 1994 5% Feb 1 Aug 1 4 75
      584 words
  • Page 19 Advertisements
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  • REGIONAL MARKETS
    • Article, Illustration
      Lock icon Manila exchanges looking ahead
      560 20 The October market crash has slowed down growth of the two bourses in Manila However, they are still among Asia's most buoyant exchanges. NYT MANILA'S two stock markets. which trade identical stocks, are among Asia's smallest but most buoyant bourses. Before last October's stock market crash,
      NYT  -  560 words
    • Article
      Lock icon Union Carbide close to selling Bombay plastics factory
      285 20 NYT THE INDIAN subsidiary of the Union Carbide Corp is close to selling its polyethylene plastics plant in Bombay, which has been closed for more than two years. "We have had serious discussions with eight parties," said Vijay Gokhale, the chief executive
      NYT  -  285 words
    • Article
      Lock icon Tokyo bankers set insider trading rules
      170 20 Reuter THE FEDERATION of Bankers' Associations of Japan and the Trust Company Association of Japan have each proouced guidelines to prevent insider securities trading, the associations said in separate statements. The guidelines urge members to control important information on client companies, separate their corporate
      Reuter  -  170 words
    • Article, Illustration
      Lock icon Shares down
      574 20 Tokyo Reuter TOKYO shares prices closed down in thin trade yesterday wKh a small morning rally fizzling out as investors took profits and assumed a wait-and-see attitude, brokers said. People are taking a neutral position. They're basically waiting for the Bundesbank to make up its mind," said Bruce
      Reuter  -  574 words
    • Article, Illustration
      Lock icon Shares finish firmer
      490 20 Australia Reuter AUSTRALIAN STOCKS closed firmer yesterday in fairly thin trade as major bank stocks and some blue chip industrials created a firm undertone for the national market. Brokers said they were a bit surprised that the market had firmed up yesterday afternoon after its slow, directionless
      Reuter  -  490 words
    • Article, Illustration
      Lock icon Stocks lose ground after early gains
      1383 20 Hongkong Reuter HONGKONG stocks gave up early gams yesterday to close lower, partly due to worse-than-ex-pected corporate results The Hang Seng Index finished off 11.84 points to 2,520.29 and the Hongkong Index was down 8.32 to 1.663 92. Turnover slipped to HK5475.28 million from
      Reuter  -  1,383 words
    • Article
      Lock icon Seoul: Weaker
      258 20 Reuter SEOUL shere prices closed lower in week trading yesterday as private investors waited on the sidelines, brokers said. There wes little news to boost the market, they added. The composite index fell for the fifth coneecutive dey. loeing 3.81 points to 686.46 on turnover of 136.7 billion
      Reuter  -  258 words
    • Article
      Lock icon Bangkok: Firmer
      150 20 Reuter THE SECURITIES Exchange of Thailend Index rose 1.76 points to 433.18 yesterdey on e turnover of 10.949.185 shares worth 433.83 million beht. Reuter mm M BAHT *b Ao Khom Th*l 414 uncti lit +2 104 3 111 undh M +2 S29 unch 222 unoh Bangkok Bonk Bonk
      Reuter  -  150 words
    • Article
      Lock icon Manila: Selling intensifies
      90 20 Reuter PHILIPPINE SHARES slid for the fourth day yesterday as selling intensified over what the market perceived as weakness in US markets, negative political events on the local scene, and overdue corrections in commercials. "Both fundamental and technical factors are now pointing downwards." said Fe Paller. trader/research
      Reuter  -  90 words
    • Article
      Lock icon Taipei: Sharp fall
      390 20 Reuter FEARS that the government would intervene to stabiliae Taiwan's booming stock market led to a huge sell-off by nervous inveatora yeaterday. with the island's index plummeting from Tueaday's record high, brokers said. The weighted index dropped 178.90 points, or 2.1 per cent to close at 8.035.48
      Reuter  -  390 words
    • Article
      Lock icon New Zealand: Dull trading
      93 20 Reuter THE NEW ZEALAND share market was again dull and lacklustre yesterday in the absence of fresh direction, brokers said. The Barclays Index rose 0.90 to 2,031.10 points. Fletcher Challenge rose six cents to NZ$5.O5 ahead of its Sep 14 final result its highest price since
      Reuter  -  93 words
    • Article
      Samsung to set up electronic parts factory in Malaysia
      121 20 SOUTH KOREAN electronic giant Samsung Electronic will set up a plant in Malaysia to manufacture electronic component parts by the end of this year. Dong Wook Min, general manager of Samsung Electronic, said yesterday that there was great potential for electronic
      121 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      591 20 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF ASSOCIATES CONSULTANTS PTE LTD (In Members' Voluntary Winding-up) At an Extraordinary General Meeting of the abovenamed company duly convened and held at Main Street, Gloucester Courthouse Village Box 694, Gloucester, Virginia *****, U.SA. on Wednesday,
      591 words
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      Page 20 Advertisements Column 2
      522 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 AND IN THE MATTER OF SALLEGERT MICRO TECHNOLOGY PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of SALLEGERT MICRO TECHNOLOGY PTE LTD duly convene and held on 19 August 1968 at 10.00 a.m. at 51 Anson
      522 words
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  • WORLD MARKETS
    • Article, Illustration
      Lock icon Stock prices remain weak
      844 21 New York Reuter A BURST of enthusiasm in the US bond market, triggered by a fall in July durable goods orders, failed to perk up Wall Street prices on Tuesday. Blue chips ended barely changed as inflation worries persisted, traders said. Volume was lacklustre. Bonds got
      Reuter  -  844 words
    • Article, Illustration
      Lock icon Equities open narrowly mixed
      1013 21 London Reuter LONDON equity prices opened narrowly mixed in very thin trading yesterday, amid continuing nervousness ahead of today's UK balance of payments data for July. Dealers said a weakening pound and higher UK money rates were fuelling speculation of an imminent rise in base rates.
      Reuter  -  1,013 words
    • Article
      Lock icon EUROPEAN MARKETS ROUNDUP
      2183 21 Reuter BRUSSELS: Belgian shares closed generally firmer to mixed in active Brussels trade yesterday with the return of institutional investors cited as a possible reason for the market's relative buoyancy, dealers said. They noted particular activity in the utilities sector, with Tractebel. 220 francs firmer at 8,020,
      Reuter  -  2,183 words
    • Article
      Pleasurama valued at £741 million
      116 21 MECCA LEISURE Group PLC has published its offer document for Pleasurama PLC. The document valued Pteasurama at £741 million. The document also outlines Mecca's terms for its proposed purchase of Pleasurama's rights issue shares. The inclusion of the new Pleasurama shares increased the value of
      116 words
    • Article, Illustration
      Lock icon Seagate accused of dumping 5 1/4-in drives
      647 21 NYT SEAGATE is said to be moving its excess inventory by dumping 96-megabyte 5%-inch drives, a model commonly used in computers compatible with the IBM PC-AT. This has put direct pressure on 85-megabyte drives manufactured by the Control Data Corp and the Micropolis
      NYT  -  647 words
    • Article
      Lock icon Brazil plans to privatise more state-owned firms
      477 21 FT PRIVATISATION is rapidly becoming a buzz word among Brazilian bankers. Since June 1967, the government has sold seven state-owned companies for US$2B7 million. It plans to sell eight more by the end of the year and a further 18 companies are scheduled
      FT  -  477 words
    • Article
      Lock icon Grand Met buys 4.5 pc of Irish Distillers
      355 21 Reuter GRAND METROPOLITAN PLC has bought shares representing 4.5 per cent of the issued equity of Irish Distillers Group PLC in the market. Grand Met is the ultimate parent of GC and C Brands, which last Friday said it was making a
      Reuter  -  355 words
    • Article, Illustration
      Lock icon Stanchart confirms Bond stake
      174 21 Reuter STANDARD CHARTERED PLC has been notified by Australia's Bond Corp Holdings Ltd that it holds a 14.9 per cent shareholding in the bank. The British bank said in a statement that it was informed by Bond that its shareholding came through its 51.5 per cent
      Reuter  -  174 words
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  • Article, Illustration
    Treasure hunters plan to make Singapore the hub
    502 22  -  Multi-billion dollar international business By WILLIAM CHIA A RETIRED local banker and an Italian enterpreneur hope to make Singapore the hub of a multi-billion dollar international business to salvage treasure wrecks. Retired banker David Yong and Italian entrepreneur Bruno V de Vincentiis
    502 words
  • Article
    Two S'pore firms to leave GE stable
    410 22  -  By ANNA TEO ABOUT 1,400 employees of the General Electric group in Singapore will have a new paymaster by year-end when a corporate buy-out of the group's semiconductor division in the US is finalised. General Electric Co reached agreement with Harris Corp, a
    410 words
  • Article
    Lock icon Tennis racket firm Donnay may find rescue
    116 22 Reuter RESCUE MAY be at hand for the Belgian tennis racket firm Donnay which filed for bankruptcy last week. Family-owned Donnay sponsored five-time Wimbledon tennis champion Bjorn Borg of Sweden from 1974 to 1987. But the firm, founded in 1910 to make brushes
    Reuter  -  116 words
  • Article
    Lock icon Tribunal allows five suspended M'sian judges to have lawyers
    354 22 Bernama THE TRIBUNAL set up to hear allegations of misbehaviour against five suspended Malaysian Supreme Court judges has allowed the judges' applications to be represented by lawyers at the proceedings beginning next Monday. But it is understood that the tribunal has,
    Bernama  -  354 words
  • Article
    Lock icon Manila seeks debt relief as part of payment for bases
    250 22 AFP PRESIDENT CORAZON Aquino has confirmed that her government is seeking official debt relief as part of US compensation for two military bases in the Philippines. Mrs Aquino said on Tuesday that US and Philippine negotiators were studying debt relief
    AFP  -  250 words
  • Article
    Lock icon Prem to receive royal decoration and post
    210 22 UPI FORMER THAI Prime Minister Prem Tinsulanonda will receive a high royal decoration and the post of privy councillor, effectively preventing his return to political power, a senior official said yesterday. Anan Anantakul, secretary general of the Cabinet, told reporters that Mr Prem,
    UPI  -  210 words
  • Article
    Lock icon Japan's defence agency head resigns
    256 22 UPI THE HEAD of Japan's defence agency resigned yesterday to assume responsibility for a collision between a navy submarine and a pleasure boat that left 30 civilians dead. Tsutomu Kawara, 50, state minister and director-general of the defence agency, stepped down after attending a funeral
    UPI  -  256 words
  • Article
    Lock icon 'Shell stake likely in petrochem complex'
    270 22 Reuter THE ROYAL DUTCH/Shell Group is likely to take a 30 per cent stake in a Singapore petrochemical complex owned by the Japanese government, Japanese companies and the Singapore government, according to a Tokyo spokesman at Sumitomo Chemical Co Ltd, one of the shareholders
    Reuter  -  270 words
  • LATE FILE
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      Lock icon HK trade deficit rises to US$1.2b
      38 22 AFP HONGKONG'S trade deficit in the first seven months of 1988 soared to US$l.2 billion, more than twice the figure recorded in the same period last year, official statistics showed yesterday. AFP
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    • Article
      Lock icon Chinese soldiers fail to show up
      61 22 AP WHEN CHINA'S army calls, some of its soldiers don't listen too well. According to the official Liberation Army Daily. about 11,500 troops failed to show up for a large-scale, three-day mock battle in north-west China's Gansu province earlier this month. It was China's
      AP  -  61 words
    • Article
      Lock icon Iran resuming flights to Kuwait
      53 22 UPI STATE-RUN IRAN AIR is set to reeume flights to Kuwait next month, taking advantage of the UN-sponsored ceasefire in the Gulf War. A Kuwaiti daily reported yesterday that Kuwait's Civil Aviation Authority and Kuwait Airways were preparing the ground for the resumption in air
      UPI  -  53 words
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      Lock icon Marcos may return next week
      43 22 UPI COURT PAPERS filed yesterday could clear the way for former Philippine ruler Ferdinand Marcos to return from 30 months of exile in Hawaii by the end of next week, according to supporters and his Manila lawyer. UPI
      UPI  -  43 words
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      Lock icon Manila's trade deficit at US$0.5b
      40 22 AFP THE PHILIPPINES recorded a US$536 million trade deficit in the first six months of the year with exports growing 25.4 per cent and imports rising 24.8 per cent, the central bank said yesterday. AFP
      AFP  -  40 words
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      Lock icon Support drops for Aussie opposition
      38 22 AFP SUPPORT FOR Australian opposition leader John Howard has fallen to its lowest level in nearly two years following his controversial remarks on Asian immigration, according to an opinion poll published yesterday. AFP
      AFP  -  38 words
  • Article
    Lock icon Comex gold and silver
    101 22 Reuter COMEX GOLD futures turned up early after the dollar was marked sharply lower. The October gold contract rose US$l.6O at U*****.60 an ounce in a minor penetration of Tuesday's high of U*****.50. Comex silver futures gained on active buying by managed funds in early morning
    Reuter  -  101 words
  • Article, Illustration
    Lock icon Legislators investigate Chun's centre
    343 22 AP THE opposition-controlled South Korean National Assembly has inspected a research centre established by former president Chun Doo-hwan as part of an investigation into alleged corruption involving Chun and his lyRuling and opposition party legislators visited the Sejong Research Institute in southern Seoul yesterday to investigate
    AP  -  343 words
  • Article
    Lock icon Experts study possible cockpit blast in Zia's plane
    298 22 AFP Reuter US EXPERTS investigating the plane crash that killed President Mohammed Zia ul-Haq are studying the possibility that an explosion occurred in the cockpit, sources close to the investigation said at the site of the crash yesterday. The experts, who are
    AFP; Reuter  -  298 words
  • Article
    Lock icon South Korean GNP growth slows
    217 22 AP SOUTH KOREA'S gross national product grew 9.1 per cent in real terms in the second quarter of this year, according to a preliminary estimate released yesterday by the Bank of Korea. But officials said the growth rate was below 14.9 per cent in the
    AP  -  217 words
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      179 22 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens, elegant one or two bedroom suites right in the heart of < )rehard Road. At The Aseott. we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate in
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      0 22 (_~>[{{}``(=!\^({.^".({%-?>@]?}
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      124 22 SEIRAFIAN CARPETS PRESENTS THE FINEST IRANIAN HAND-MADE CARPETS EXHIBITION authenticated with if certificates by Mr Mojtaba Seirafian m sod of Mr Mohamad Seirafian Mr and first grandson of the late fr Haji Agha Reza Seirafian, who started the tradition of Seirafian Carpets in the J early 1900 s w/L Also
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  • SHIPPING TIMES
    • Article
      Bintulu Port wants to develop its general cargo traffic
      450 23  -  By G DURAIRAJ BINTULU PORT in Sarawak, a major LNG port in the region, is making a strong pitch to handle a wider variety of cargoes. The port, which hopes to handle 9.5 million tonnes of cargo this year, feels there
      450 words
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      Consortium to impose surcharge on Thai exports
      129 23 THE COMMON Feeder Operation consortium, a five-member grouping in the Singapore-Thailand trade, will slap a congestion surcharge on Thai exports from Sep 1. The consortium's surcharge to compensate its members for delays at the Bangkok Port is to be imposed a month ahead
      129 words
    • Article
      Lock icon 250 Australian officers laid off
      114 23 Reuter ABOUT 250 Australian Customs Officers have been laid off after a month-long work to rule and a 24-hour strike on Monday, which left clearance backlogs of up to five days at some ports, an Australian Customs Service spokesman said. The officers were laid off
      Reuter  -  114 words
    • PORTSIDES
      • Article
        Genstar joins lessor institute
        69 23 GENSTAR Container Corporation, the second largest owner of marine cargo containers, is joining the Institute of International Container Lessors Genstar's membership will bring the container fleet of lICL's members to over 2 million TEU or about 80 per cent of the world s leased containers. In
        69 words
      • Article
        Lock icon Sitmar sale approved
        68 23 Reuter THE UK Department of Trade and Industry has decided to clear shipping group Peninsular and Oriental Steam Navigation Co s agreed purchase of Italy's Sitmar Cruises. P and O agreed to buy the privately-owned Sitmar for US$2lO million on July 28. Sitmar has four cruise ships,
        Reuter  -  68 words
      • Article
        Lock icon Conference to revise CAF
        33 23 Reuter THE EUROPE South and South-East African Shipping Conference will revise its currency adjustment factor (CAF) to 7 89 per cent from 10.59 per cent, on Sep 1. Reuter
        Reuter  -  33 words
      • Article
        ABP investing £1m on facilities
        74 23 ASSOCIATED British Ports is spending around £1 million on more timber handling facilities for its South Wales ports of Cardiff and Newport to meet the growing demands of its Far East forest products trade. The two ports had seen their Far East timber traffic increase
        74 words
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        China to compensate families
        88 23 CHINA is to compensate the families of two Taiwan fishermen who drowned after their boat was rammed by a Chinese merchant ship, the Kaohsiung Fishermen's Association said. Lawyers in Hongkong informed the association that authorities in Guangdong province had agreed to pay US$l6O,OOO for sinking the
        88 words
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      Lock icon Japanese builders urged to cooperate or face mergers
      359 24 Reuter JAPANESE shipbuilders should cooperate more, especially in trying to win orders, or they may have to regroup further, the Japanese Transport Ministry said. The ministry said in a statement that the industry will have to fully implement its rationalisation plan, to
      Reuter  -  359 words
    • Article
      BHP aims to be top oil producer
      493 24  -  -By Kingsley Wood TWO top BHP Petroleum executives have given an insight into the group s aim to become one of the world s top explorers and producers of oil and gas They told a Sydney conference that achieving the goal hinged on
      493 words
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      INDEX TO ADVERTISERS
      794 24 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrons VII 3 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Asian Ocean VI 1 Bolt-Canada line
      794 words
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      PORT CONDITIONS
      253 24 ALL SURVEYS were conducted on Aug 1 Argentina Buenos Aires 40 vessels operating; waiting time of up to three days Bahta Blanca Normal operation. Australia All ports Normal operation. Bangladesh Mongla 15 vessels operating. Chittagong 25 vessels operating Brazil Salvador Waiting time of up to three days. Santos
      253 words
    • Article
      Lock icon Singa Sea loss could cost insurers US$15m
      327 25 Lloyd's List THE LOSS of the bulk carrier Singa Sea which broke in two and sank oft Australia could cost insurers more than US$l5 million Both the hull and cargo of the 26.509 tonnes deadweight vessels were insured for sums substantially in excess
      Lloyd's List  -  327 words
    • Article
      Lock icon British Shipbuilders to lay off 1,000 workers
      216 25 Reuter STATE-OWNED British Shipbuilders (BS) would lay off about 1.000 workers, nearly half the work force, at its troubled subsidiary North East Shipbuilders Ltd (NESL). Unions were told that the dismissed workers at the yards in Sunderland, northeast England, would stay at home
      Reuter  -  216 words
    • Article
      Lock icon Honduran ship missing
      69 25 Reuter THE HONDURAN vessel Kail ash, which had been expected to arrive at Mombasa in the first week of August, has not arrived nor made any contact with the loading port, the discharge port or its United Arab Emirates agents. Lloyd s Shipping Intelligence Service said. The
      Reuter  -  69 words
    • Article
      LONDON FREIGHTS
      1162 30 FAIRLY steady rates continue to be paid for grain business out of the US Gulf, while further grain activity is reported on Indian Government account, shipbrokers said. Shippers paid U5517.50 for a September grain cargo of about 24,000 long tons from the Gulf to Venezuela and this prompted
      1,162 words
    • Article
      SHIPPING LIST where your ships are due... and when
      7550 30 AAMHUt Anna Mie u Ma«r>h L»n« Aug ?5 Hamburg Eipress Triot Aug ?7(PK). Ming Promotion Yang Ming Aug 27 Tang Ha China Ocaan Aug 26 Evar Guaat Evargraan Aug 28 B Par ma ScanOutcht Aug 29 Villa da Marcere CM 0
      7,550 words
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      SHIPS IN PORT
      1636 30 AT CONVENTIONAL WHARVES Veeeel Berth Arrivel Deperture KEPPEL WHARVES AK Prosperity CIS alongside 2508 1900 CHriS Ivobel <C35 oiongside 2508 2000 GokJ Moufllom K36 O'Ongj^Je 26 08 2300 <o»o Bokt. K32 oiongside 26 08 1830 Koto Mytioro K3I oiongside 28 08 1800 lo«o *33 alongside 2508 2200
      1,636 words
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      521 23 IV TIMES STP Distributors *r Dedicated to Quality service mr// Jardines JAMOIMC SHIPPING agencies 200 Cantonment Road #12 05 Soutnpomt Singapori 0208 Tel *****11 TWi RS ***** Pacsim.lt *****09 TERMINAL/CFS Til *****1S *****19 *****20 FOR CUSTOMER SERVICE INQUIRIES AND BOOKINGS Tal *****304 PESAKA JAAOINE SHIPPING AGENCIES SON IHD PORT KELANG
      521 words
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      Page 23 Advertisements Column 2
      68 23 mm JAPANESE shipbuilders should cooperate more, especially in trying to win orders, or they may have to regroup further, the Japanese Transport Ministry said. Page II THE LOSS of the bulk carrier Singa Sea which broke in two and sank off Australia could cost insurers more than US$l5 million. Page
      68 words
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      Page 23 Advertisements Column 3
      510 23 INTERMARINE SUPPLY CO (PTE) LTD *****33 (6 llnM) TU IMCCO R*****8 F«k *****77 MAERSK LINE Every To Europe UK Scandinavia Finland niR The MM M ROTTEROAM Closing Time CY 7/9 2300 MRS CPS 1300 HRS i M ROTTERDAM a«10 M M Monc ANOERS M 8610 ,y« M Mooc AXEL M
      510 words
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      565 24 Sf Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HAMBURG EXPRESS LA SEINE LONDON EXPRESS BENALDER BENAVON OSAKA BAY KASUGA MARU P KELANG SOUTHAMPTON 30/8 HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP ALSO ACCEPTING CARGO TO: ALL UK INLANO DESTINATIONS, BELFAST. DUBLIN, COPENHAGEN, AARHUS. GOTHENBURG. MALMO, HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT
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      17 24 Lmes and services represented bv Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      430 24 'VII POLISH OCEAN LINES"-- Shlppi e nil wi-iv-mi Tele. RS ***** Peta i.n C Ja,a '*****3 75'5M3 Fai *****51 Penang *****5 EACON SERVICE (FUUY CONTAINERISED SERVICE) FROM EUROPE im Mhi Wtm K*burf Um v$ n/t a/> 23fl aA w no mo ym w 71/1 17/10 17/10 1100 a/io IUMUM Ml
      430 words
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      1374 25 S3 The Straits Steamship Group r7=r Mansfield Container Shipping Re Ltd P&O Containers CONTAIfCRSHfP SERVICE TO UK/CONTINENT: HAMUftC EXPfttSS LA SCINi LONOON EXPHESS KNALM* KNAVON OSAKA lAT KASUGA MAffU KACA Alto Accepting Cargo For: M««*m to C lpiwll«|«n. Ajrhut. taWaiiti to Anlan, A— TmWiihlmi to *11 UN 4wt>nat«m t STRAITS
      1,374 words
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      961 25 SingaPort'B9 THE FIRST OF ITS KIND IN SINGAPORE. A MAJOR INTERNATIONAL GATHERING FOR THE GLOBAL MARITIME COMMUNITY. A PRESTIGIOUS EVENT NOT TO BE MISSED. Theme for '89: The Super-port In this era of the super-bank and the super-computer, the super-port is likely to be their equivalent for the maritime industry.
      961 words
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      489 26 mSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore 30It 25/8 Loading for BANDAR ABBAS BANDAR ABBAS IRAN EKRAM IRAN BAYAN PNC/8. PACIFIC SERVICE Singapore Loading for: HERMOSA 1/10 LAE. PMB. HRA MICRONESIA SERVICE OCEANIA EXPRESS V-19 27/8 OCEANIA EXPRESS V-20 13/9 ASIAN LILY V-43 HK
      489 words
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      634 26 HGSLINE I Hi,l tmfKU lM'I« FULLY CONTAIN ERI S ED SERVj C E MillY COMAINfPiSIO 10 fROM NOR'H AMIRICA KIS' COAST CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL BOTO AC II KUANTAN 12/9 S'PORE 7/9 LOADING FOR DUBAI, DAM KUWAIT GEN AGENTS: CROWN MARINE CO (PTE) LTD TEL: ***** M ft
      634 words
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      126 26 FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY KARACHI: ETA 1/9 20/9 AFGHANISTAN NEW SERVICE KABUL/HAIRATAN/TORGHUNDI 1/9 20/9 bookings: *****88 (8 Lines) SINGAPORE: *****45 (25 Lilies) JOHORE BAHRU: (07) *****2, *****7 KUALA LUMPUR: (03) *****66 (6 Lines) PENANG: (04) *****9, *****5 JAKARTA: (021) *****1/*****2 fA r INDIA STEAMSHIP FORTNIGHTLY
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      635 26 <@) EVERGREEN \FTTf4ir r~.. ii /> a r> Full Container Service EVER GATHER EVER GOVERN EVER GARDEN EVER GROWTH EVER GRAND Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTING CARGO TO: 1) PROVIDENCE. NCWARK. SAVANNAH ROSTON PHILADELPHIA NORFOLK JACKSONVILLE WILMINGTON REMRUOA ETC 2) ATLANTA. CHICAGO DETROIT. COLUMUS A OTHER MAJOR MICRORRIDGf DESTINATIONS
      635 words
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      790 27 PACIFIC INTERNATIONAL LINES \W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE »IN UY SMC SIN IM 20/0 21/1 7/0 1/S M 4/9 719 tit 12/0 0/9 15/9 10/S 1/0 14/9 IM IM VESSEL SEA HAWK MAJAPAMT SEA
      790 words
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      Page 27 Advertisements Column 2
      419 27 Bk BEN LINE CONTAINERS TASM AN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE HKC NOUMEA SUVA AKL NAP TIM 27/8 ANANGEI LEADER 10S 3/10 7/10 1010 13/10 8/9 ACRITAS 3S 20/9 11/10 23/10 26/10 29 10 23/9 ARISTOTELIS «S 5/10 3/11 7/11 10/11
      419 words
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      Page 27 Advertisements Column 3
      517 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY SRIWIJAYA/24W8 OCEAN PRIMA/UWB KUTAI/15WB S PORE ANTWERP H BURG/ ROAM/ADAM BREMEN 5- 9/9 14/10 11/10 24-2 M 26/10 29/10 3C9 3 10 26/10 31/10
      517 words
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      Page 27 Advertisements Column 4
      315 27 BOUSTEAD SHIPPING AGENCIES PAGAN Vl3l* PA AN VUW HAM V 341 BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok 25/27 Aug 2/*Sep S/i Sep BANK LINE SEMI CONTAINER SERVICF NORTHBOUND TO UKC IVYBANK V22N TAUSALA SAMOA VI3N MORAYBANK V6N SPORE RDAM HULL HMBG
      315 words
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      721 28 KAWASAKI KISEN KAISHA. LTD. 'Kline RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH N. AMERICA-ATLANTIC COAST N. AMERICA PACIFIC SOUTH-WEST CHICAGO NYC 22/9 25/S W 2/10 6/10 9/10 13 10 IS 10 VOY LALB OAK 2119 28/9 5/10 12/10 MOTHER VESSEL BROOKLYN BRIDGE GEORGE W BRIDGE MANHATTAN BRIDGE HENRY HUDSON
      721 words
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      303 28 YAKAWA MARU SDK NOPUS OSO2G VB\ DOIUGIUAMA L.IIXIE A SPORE P KELANG PENANG INCHON BUSAK INSAVH7 2 Sap 3 S« U Sap IS Sap MALAYSIA GLORY VWI 3 S« St« 14 Sap It Sao THEA S VMS I Sap 9 Sap 10 Sap 20 Sap 22 Sap SINGAPORE GLORY 14
      303 words
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      681 28 si a j 'M. AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/fCL Container* Loading tar Tu LSI OAS VJ7 KALIDAS 39 TULSIDAS *31 KALIDAS »C Support PK«ian »ananf **"•< Vsi Br W By FmM 15 Sept Sept 8 Sapt (Oct 1 Oct 1 Oct 3 Nov 27 Oct 27 Oct V Nov
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      Page 28 Advertisements Column 4
      587 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD O. Tno» Aym Strwt SINGAPORE 01M TEL U4JW (10 LINES) Fai *****04 STRAITS/PERSIAN GULF SERVICE: Sport PK»lan« Pananc GOLDCN BEAR Colomiio/Ksrach.'Dubsi W Sept GOLDEN HARVEST Cotombo/Karachi'DuDai a/29 Sapt CHINA SERVICE Ml TUN SHAN Shamhai/HsinKanc V» Sa* A VESSEL Muanfpu'Shtmhai MSn* CHINA OCEAN SHIPPING
      587 words
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      441 28 p PHIU ORKNT UNfS PTf LTD HEAD OFFICE 63 ROBINSON ROAD -IP 12 AFRO ASIA BUILDING. SINGAPORE CICS TELE* RS ***** PHILI FA* *****76 S£M£E ETA SINGAPORE JEDOAH (LCI) u'tmvrv/ TBN NEW GENLORD EAST AFRICA/MEDITERRANEAN COLOMBO. KARACHI BOMBAY CHITTACOWC EAN FCt ft LCL SERVICE ms ttywari LATTAKIA. BENGHAZI. ALCIER. TRIPOLI.
      441 words
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      1000 29 S port NEPTUNE AGENCIES PTE. LTD I General Enquiries: Tel: *****77 T*l No Terminal CFS BOOKINGS *****22 *****53 NEPTUNE ORIENT LINES LTD NEPLINE SON BHD 3UHV NEPLINE SON BHD *****33 NEPLINE SON. BHD 62«85/6276a/6271»1/627i62 NEPLINE SON BHD. ZMO4O/Z***** Ft EU/AUST TPA/SEA 1: *****53 ******2 *****19 *****1f 27*111 *****41 INWARDfOUTWARO ENQUIRIES
      1,000 words
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      Page 29 Advertisements Column 2
      452 29 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, KEELUNG, BUSAN, INCHON WEF JUNE:1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE II SERVICE!! Vassal's Nam* ETD BS SPORE PKELANC KEE BUSAN MO JI No S Don»m/»7N 11/01 In Port 25-27/01 03-03/09 Ot-OMR IMS #v«t»/®iN oim tarn
      452 words
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      765 29 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 ***** PENANG p kelanc MESSRS HAI THONG SHIPPING 127 Penang Street, Penang. Malaysia M/S HANDLING SYSTEM CO SON
      765 words
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      242 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Ltnest FAX *****39/*****76 TUEX RS ***** A B SSCMA RS ***** A B SSCAD r DSR-LIMES VEB DEUTFRACHT SEEREEDEREI ROSTOCK I INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE GROTEWOHL 2/BB CECIELSKI 2/M TO FAR-EAST OUTBOUND
      242 words
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      92 30 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL SHOFUKU OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MY. HERMES ACE Via ETA SIN 39/S/SS KAOSHIUNG 4 ©AYS S'POREI -> KEELUNG -> TOKYO SHIMIZU NAGOYA KOBE 4 DAYS 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS SHOFUKU AGENCIES (S)
      92 words
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      Page 31 Advertisements Column 1
      488 31 r SERVICE REGULAR EXPRESS LCL FCL DESTINATION BANGKOK PORT KELANG, PENANG HONG KONG KEELUNG. KAOHSIUNG MANILA JAKARTA TOKYO. KOBE. BUSAN KARACHI. BOMBAY. COLOMBO ETA SINGAPORE JARU BHUM SIRI BHUM PIYA BHUM !IWJ—TW 30/8, 17/9 27/1. 29/8 28/*. 4/9. 11/9. 11/9 25/8. 21/8. 1/9 30/8. 17/9 25/8. 9/9, 20/9. 4/10 ABC
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      Page 31 Advertisements Column 2
      339 31 W3, CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Line*) Fax: *****61 LCL FIXED CONSOLIDATION TO:"Si it Spore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore to S'pore
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      Page 31 Advertisements Column 3
      488 31 PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND ABU DHABI. VESSEL PT KLANG BELAWAN PENANG HINGLAJ 27-28/8 KAPTAI 9-10/9 TARBELA 5/10 INDONESIA MALAYSIA EAST ASIA SERVICE VESSEL BELAWAN P. BAHRU JAMBI TBN 14-15/9 16-17/9 18-19/9 INDONESIA COLOMBO A KARACHI CONTAINER SERVICE. Accepting
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      Page 31 Advertisements Column 4
      190 31 < fa Tatsumi Marine DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports subject to inducement (also accepting transhipment cargo: OROBA V, MADANG. KIETA WEWAK KIMBE, RABUAL via LAE) yPORE: NEPTUNE AGENCIES PTE. LTD T«l: .ri ss I WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK
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      Page 31 Advertisements Column 5
      201 31 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 T1 IRAQI LINE m*o s T T f «or mmitimi T«*njfO«T IV SINDBAD EAST BOUND SERVICE ETA S PORE LOADING FOR 29/8 Japan WEST BOUND SERVICE ETA S'PORE LOADING FOR NV ALWASITTI 27/8 Jeddah, Aqaba. Bagtxlad THROUGH
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      369 32 Hai Sun Hup Co (Pte) Ltd L I TEL *****06 (20 Lines, TLX HS ***** &RS ***** Tokyo 18/9 'Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK DBN CT TARPON SEALANE WO*
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      Page 32 Advertisements Column 2
      234 32 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/HEXICO AND FRENCH WEST INDIES VSL Spar* UH*rr« Cannacting VSL For 8 PtRMAI fiS 1M IM STUTTGART IXf JUTLANDIA V 302 srt 22/9 CHJSStLOOHF EXP Toronto. Htm Yort. KORRIGAN vm \2fi an NUERNBERG EXP. Baltimore. Portimouth 1 Norfolk. Savannah Alto
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      Page 32 Advertisements Column 3
      76 32 TOKO LINE Loading For Port Klang/Penang Ac*nti spor« PAN CONTINENT CORPORATION Tal: *****55. *****6, *****57 P Kalaflr Ocwnk Shippint Afancw* S*i BM., Tat: Pwung Thonf Lm Tnimg Ca Tal *****1, 12M41 SIM SWEE JOO SHIPPING SDN. BHD. EXPRESS TO BINTULU SWEE LONG SATU Voy 141 P Kelang Loading tor Voy
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      Page 32 Advertisements Column 4
      623 32 CALL US AT: P. KELANG PENANG J. BAHRU I P. GUOANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4. *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 mmm WEEKLY FAR EAST/EUROPE CONTAINER SERVICE REGULAR FAR EAST/MEDITERRANEAN CONTAINER SERVICE TO: MEDITERRANEAN B. tUTANC 471 BUTANC 473 FROM MEDITERRANEAN VSL [3222 T VT.'T rnr;? OTHER
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      156 32 i Regional Weather as s ft N j *V| t •I 1! a ■b 5 ■v SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. August 25, 1988 R Thunderstorm c A\ Shower Weother -V Wind direction with speed m knots Rom V-' Cloudy Sky W W+oce wir>d» ore mdicoted by
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