The Business Times, 2 September 1988

Total Pages: 36
1 36 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, SEPTEMBER 2, 1588 75 CENTS
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  • 251 1 AP Dow Jones lower THE NEW YORK stock market yesterday lapsed into a broad decline amid renewed worries over the interest-rate outlook. The Dow Jones average of 30 industrials fell 11.38 to 2,020.27 at 1430 GMT in the first hour of trading. Losers outnumbered gainers by nearly
    AP  -  251 words
  • 582 1  -  TDB mission to US, Canada to promote facilities By LINDA CHEE SINGAPORE has become one of the key delivery points for the London Metal Exchange (LME) within a year of its designation as a trans-shipment centre. It is already the world's largest centre
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  • 320 1 REGIONAL markets were visibly shaken yesterday as the Tokyo market plunged more than 400 points on fears of mounting inflation and higher interest rates. The Singapore market, however, stood its ground, after a knee-jerk reaction in the first half-hour of trading which saw the
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  • 207 1 THE STOCK EXCHANGE of Singapore has agreed to allow high-priced counters to be traded in smaller lots, and the first to enjoy this is high-flyer Singapore Airlines. The move is apparently aimed at making some of these counters more accessible to small investors.
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  • 85 1 UNITED Industrial Corporation has told the Stock Exchange of Singapore that nothing has materialised in its negotiations to buy a piece of land behind The Paragon in Orchard Road. The negotiations with one of the directors of the company which owned the land has
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  • 126 1 THE US DOLLAR remained strong against the Japanese yen in Europe yesterday, touching a 10-month high of 137.02 yen during early trading. The greenback later retreated from its early highs as dealers anticipated a day of nervous trading. But dealers said the dollar remained
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  • 416 1 AP BANKS IN CHINA are facing runs on savings deposits as customers withdraw mass quantities of money in a spate of panic buying caused by rising prices and empty stockrooms. The official Xinhua News Agency said yesterday that in China's Fujian province,
    AP  -  416 words
  • 154 1 AP PRIME MINISTER Lee Kuan Yew is to visit China from Sep 14-22 at the invitation of Beijing, according to a Chinese foreign ministry spokesman. Mr Lee, who last visited China in September 1985, is expected to reaffirm the strong and growing trade links between
    AP  -  154 words
  • 146 1 Reuter NEW ZEALAND interest rates will ease over the next six to 12 months, but there may be no scope for further reductions after that, according to N2I Bank Ltd economist Rodney Dickens. "Lower political uncertainty combined with lower inflation points to lower interest
    Reuter  -  146 words
  • 436 1  - Teleview avenue for feedback on policies By GENEVIEVE CUA TELECOMS' multi-million dollar public information Teleview system may soon be tapped as a means for the public to provide feedback on various government policies. First Deputy Prime Minister Goh Chok Tong said Teleview s capability for two-way interactive communication would make
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  • Page 1 Advertisements
    • 158 1 jmr ADVANCED BATTERIES for commercial, industrial military applications CURRENCY INVESTMENT MADE EASIER FOR YOU Now only Sslo.ooo minimum low you need only S$ 10,000 to invest in foreign currency at Citibank. And get an opportunity to earn high rates of interest. You can choose among 9 currencies. You can invest
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    • 229 1 Full report, PAGE 20 Regional markets, PAGE 22 World markets, PAGE 23 ELECTIONS 88 On Page 2 Give new team a strong mandate I shall succeed PM: Chok Tong On Page 8 Venturing once more into the fray On Page 9 When image matters more Editorial Comment: 10 Stock market
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    • 111 1 Minolta EP49OZ with Simul-Color. EXECUTIVE LIFESTYLE Special Supplement on September 7 JACK. JILL. Two lost souls, swirling in a maelstrom of corporate intrigue, office politics and SDU tea dances. Will they emerge unscathed? Will they triumph over the office backstabber? Will they learn the tango? Find out in BT's Executive
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  • GENERAL ELECTION '88
    • 535 2 FULLERTON SQUARE RALLY PRIME MINISTER Lee Kuan Yew yesterday asked voters to give a ringing endorsement to his successors in tomorrow's polls. Describing the election as a verdict on the performance of First Deputy Prime Minister Goh Chok Tong and his team, he
      535 words
    • 288 2 SINGAPORE'S economy will be in dire straits if an opposition government is voted into power tomorrow. Finance Minister Richard Hu warned yesterday. If the opposition takes over the reins of government, the "stock market would plunge", he said, adding that this scenario was
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    • 136 2 EDUCATION MINISTER Dr Tony Tan yesterday debunked a rumour circulating in the Bukit Gombak constituency that the Defence Ministry would acquire several blocks of flats for use as offices. "It's not Mindef policy to acquire houses for their own
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    • 395 2 IN HIS strongest public pronouncement yet on the matter. First Deputy Prime Minister Goh Chok Tong yesterday reasserted that he was the choice of his peers to succeed Prime Minister Lee Kuan Yew. Speaking at the PAP Fullerton Square lunch-time rally, Mr Goh
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    • 420 2 WORKERS' PARTY A WORKERS' PARTY candidate last night called on the Prime Minister to make a statutory declaration that he does not want the job of elected president. Issuing the challenge was Mr Wee Han Kim at a Telok Blangah rally in support of the
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    • 448 2 SINGAPORE DEMOCRA TIC PARTY AN SDP CANDIDATE for the Aljunied GRC last night said that if his team was voted into Parliament, it would be prepared to join up with the Eunos and Bedok GRCs to form a very large town
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    • 440 2 PEOPLE'S ACTION PARTY BETTER TO PLAY SAFE and vote for the People's Action Party, Professor S Jayakumar urged voters last night at a party rally in Aljumed. They should not listen to the opposition's call to deny the PAP a
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    • 175 2 NATIONAL SOLIDARITY PARTY THE PAP government, says NSP Whampoa candidate Ken Sunn, is neither enlightened nor for the good of the country; there must be a good mix of views from the left and right. The party secretary-general said at a rally yesterday
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  • Page 2 Advertisements
    • 121 2 Catch up with the latest in Technology in BT every Tuesday 20 FESTIVAL OF BOOKS BOOK'OO FAIR OO 3 SEPTEMBER 11 SEPTEMBER WORLD TRADE CENTRE HALL 4 11 A.M. TO 9 P.M. DAILY ADMISSION FREE! ALL ARE WELCOME!! READ FOR A CHANGE The largest Book Fair ever held in Singapore.
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    • 85 2 Dianxin Chao Zhao Style? Available on Saturdays Sundays during lunch and dinner. Also over 200 Genuine Teochew dishes on the menu to choose from. Try our Braised Goose, Deep Fried Pomegranate Chicken, Cray Pish in Chilli Sauce and lots more. How about the ever-famous Teochew Sweet Pumpkin with Ginko Nuts
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  • HOME NEWS
    • 321 3  -  By WILLIAM CHIA THE FIRST MEASURE of success for the Republic of Singapore Air Force (RSAF) should be the years it can spend without combat experience and not the battle trophies it can claim, said Briga-dier-General (Res) Lee Hsien Loong yesterday. This was because
      321 words
    • 234 3 PAUL DIXON is now the new technical manager for the region of Campaq Far East Pte Ltd. Also in the list of new appointments are Mike Allums, who has been made Far East sales and marketing manager, and E Phillip Lim, who is now marketing communications manager
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    • 309 3 THE Singapore Armed Forces is now ready to be one fighting force instead of three separate services, said Dr Yeo Ning Hong, the Minister for Communications Information and Second Minister for Defence (Policy). Speaking at the Republic of Singapore Air
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    • 73 3 SOME 6,000 households will be surveyed this month on their employment situation under a Labour Force Survey being conducted by the Labour Ministry. The survey aims to collect data to help the ministry evaluate and formulate employment plans and policies. Families of the 6,000 households will be
      73 words
    • 244 3 THE GOVERNMENT has not abused its power and the trust of the people, said Mr Ong Teng Cheong yesterday. "We have not abused the trust. If we had. we would not have the large amount of reserves now." said the Second
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    • 198 3 ENGINEERING graduates at yesterday's National University of Singapore (NUS) convocation ceremony were offered some advice by a director-general with the Public Works Department, Dr Tan Swan Beng Dr Tan told the graduates they must apply their engineering knowledge and skills in a manner that was
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    • 221 3 BRITISH AIRWAYS (BA) plans to fly non-stop between London and Singapore from the middle of next year, British High Commissioner Michael Pike said on Wednesday when he opened the new BA travel shop at Paragon shopping centre. Mr Pike said that the airline would be introducing
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    • 96 3 TRAVEL TIME to London will be cut by two hours after Singapore Airlines (SIA) takes delivery of two new Boeing 747-400 Megatops in December The Megatops SIA s first 8747-400 aircraft will be used on the Singapore-London route now a 15!4-hoi*- journey that includes a one
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    • 278 3 NINE SINGAPORE garment manufacturers are preparing their first blitz of the glamour UK premier fashion event, London Pret. from Sep 4 to 6. Participating under the auspices of the Trade Development Board (TDB). these companies will woo some 6,000 major buyers from all
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  • Page 3 Advertisements
    • 233 3 WORLDWIDE EXPRESS R Prompt pick-up and delivery 24 hours a day J*., mmtm >VH The only remaining legacy of the Last Emperor THE IMPERIAL BANQUET OF CHINA 1 m "The Last Emperor" Pu Yi A Special Selection of the Man Han Quan Xi 25 Aug 8 Sep 1988 t Brought
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    • 82 3 Tango, Foxtrot, Slow Foxtrot, Waltz and Viennese Waltz... Like you've never seen performed before Brian Richmond Featuring Glen R. Tierney and Deborah A. Humphrey the current Australian South Pacific and Australasian Professional Ballroom Champion, for the very first time in Singapore here at the Hearthrob. Performances: 10.30 pm and 12
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  • OVERSEAS
    • 527 4 AFP EUROPEAN manufacturers of video-cassette recorders (VCRs) rejoiced at the European Community's (EC) decision on Wednesday to impose antidumping duties on South Korean and Japanese firms that have seized nearly a third of the European market But a major consumer group warned that consumers
      AFP  -  527 words
    • 498 4 AP US DEFENCE policy towards Asia will change very little regardless of who is elected the next president, a senior Pentagon official predicted on Wednesday. "Whether it is President (George) Bush or President (Michael) Dukakis, policies toward Asia will more or less stay on
      AP  -  498 words
    • 270 4 Reuter AMERICANS SHOULD be concerned over the unwillingness of presidential candidates to grapple with the issue of the massive US deficit. Leading economists also said on Wednesday the next US president whether it is George Bush or Michael Dukakis should take unpopular but
      Reuter  -  270 words
    • 237 4 AP THE US Commerce Department and a handful of Republican congressmen are challenging a State Department recommendation that President Ronald Reagan grant export licences for China to launch US-made satellites. administration and congressional sources said. The White House national security adviser,
      AP  -  237 words
    • 501 4 Reuter CROWDS marched behind fluttering banners in the Burmese capital of Rangoon yesterday at the start of a general strike and continued demonstrations against one-party rule which began early last month. The day of protest came hours after the government, which had
      Reuter  -  501 words
    • 273 4 AFP TAIWAN is to strengthen monitoring of imports of certain farm and industrial materials from China to protect related domestic industries. a Board of Foreign Trade (BOFT) official has said. Coal, cotton, silk, raw steel, aluminium ingots, natural rubber, unplated copper electrolysis and
      AFP  -  273 words
    • 186 4 Reuter A BOUT of mutual recriminations between Washington and Moscow over the Geneva accords on Afghanistan sparked a call by Kabul on Wednesday for fresh four-party talks. The move came a day after the United States said the use of Soviet-based aircraft during fighting
      Reuter  -  186 words
    • 210 4 Reuter THE BRITISH government is under growing pressure to state openly whether it had decided on tough new security measures for Northern Ireland after three Irish guerillas were ambushed and killed by British commandos. The three men were
      Reuter  -  210 words
    • 974 4 ARRIVALS Operator Service Local From number time SU son 0040 LAX/NRT UAL UA805 0045 SfO/HKG JAl JL615 0240 TYO MAS MH640 0820 KUL SU SO 4 3 0835 DHA MAS MH651 0910 PEN KAl KE697 0910 SEL/MNL MAS MH630 0920 KUL su S0103 0950 KUL CPX CX710
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  • Page 4 Advertisements
    • 53 4 NOW IS THE TIME TO INVEST IN THE PHILIPPINES MEET GOVERNMENT AND BUSINESS LEADERS AT THE PHILIPPINES INVESTOR'S FORUM Manila, 7th-10th November, 1988 at the Philippines Trade Training Centre For further details contact: Board of Investments, Makati, Metro Manila, Philippines United Nations Industrial Development Organisation (UNIDO), Industrial Investment Division, 1400
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    • 36 4 insults The business person's choice every Tuesday, Thursday, Saturday and Sundoy Leovmg Chongi Airport at 22 05 hours and arriving Heathrow earty the following morning Call your Travel Agent or A* Canada at *****55 AIR CANADA
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  • Page 4 Miscellaneous
    • 23 4 Doonesbury IT'S TRUE-, SIR. ELVIS ISONBOARP m :eS UJB PONT KNOW, SIR. HE APPEARS TO BE A STTOUJAI4JAY/ HOUJP HE GET ON BOARP*
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    • 192 4 vrnrn Max/ Note Min (°C) 21/06 Fine 17/13 Cloudy 36/21 Cleor 39/31 Clear 31/24 Cloudy 30/25 Cloudy 26/19 Showers 30/25 Sunny 26/15 Clear 22/09 Cloudy 31/29 Cloudy 24/14 Rain 20/16 Showers 27/14 Clear 25/13 Clear 19/06 Cloudy 34/24 Clear 21/06 Cloudy 19/05 Fine 27/17 Cloudy 26/09 Cloudy 20/12 Cloudy 34/25
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  • Page 5 Advertisements
    • 98 5 THE WHEELS OF FORTUNE can turn tor those with the wisdom to weigh risk against potential return. Open a Fixed Deposit with Chase and we will lend you up to five times the amount, in your choice of currency. Invest the borrowed funds in another Fixed Deposit of adifferent currency.
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  • MONEY AND EXCHANGES
    • 1759 6 OCBC Reuter SINGAPORE: The US dollar dosed firmer against most major currencies yesterday Against the Singapore dollar, the US dollar closed firmer at 2 0445/55 in dull trading. It traded within a range of 2 0446 and 2 0428 after opening at 2 0425/35 Trading yesterday was active
      OCBC; Reuter  -  1,759 words
    • 322 6 ASIAN DOLLAR deposit rates ended steady at the morning's slightly lower levels after a quiet day's trading yesterday. Term rates eased around 1/16 point at the outset due to a marginal rise in US bond prices and subsequently held steady at the lower levels. One-month ended at
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    • 210 6 Gold futures on Aug 31 1988 100 troy ounces. USS per troy ounce Opon High Low SotO* S.P 426.30 429.30 426.20 431.30 2.50 Oct 430.00 434 80 429 40 434.10 ♦2.20 No* 437.00 2.20 Ok 436 20 440 60 435 30 439.90 ♦2.20 Fab 441 30 446
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    • 477 6 BA Futures OECEMBER Eurodollar opened two ticks lower in Simex yesterday but unchanged from Chicago's level at 90.81. The contract continued to trade higher on a strong US dollar boosted by comments that the Bank of Japan was not planning a discount rate rise. After trading to a high
      BA Futures  -  477 words
    • 253 6 IMM currency futures finished lower on Wednesday, but above daily lows after quiet late trading in most contracts. Activity was focused on the Japanese yen, which fell under follow-through selling from Tuesday. The contract broke key technical support levels on Tuesday after unconfirmed talk about a possible Japanese tax
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    • 1490 6 CURRENCY FUTURES OPTIONS Thursday, Sep 1, 1988 DEUTSCHEMARK (SIMEX) Sep U calk High Low 1 Son High Sop 88 puta Low Sotl JV 52 53 54 55 56 57 S6 59 63 62A 58 16 4 CAS CAB CAB 21 758 1628 2608 9608 21 1 4 21 79
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  • Page 6 Advertisements
    • 89 6 GRAND CARPET AUCTION presented by Edmund and Shukor W Sunday, Sept 4,1988 Grand Ballroom Hilton International Singapore Viewing 10am lpm Auction Sale: 2pm 5.30pm 100 selected pieces from Persia, Afghanistan and Pakistan including interesting tribal pieces. All lots are guaranteed and backed by a full trade-in value at our showroom.
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    • 10 6 Keep your investment decisions on target "IHAHTPOIHIf kJ EVERY SATURDAY
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  • BANKING AND FINANCE
    • 376 7  -  By SOH TIANG KENG GOLDMAN, Sachs and Company, one of America's top securities and brokerage firms, may set up a merchant bank in Singapore next year In a telephone interview, a Goldman Sachs spokesman from New York told BT that the company's
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    • 247 7 AP THE FEDERAL RESERVE Board has granted three foreign companies permission to acquire, start or maintain banks on US territory. The Fed on Wednesday granted the Bank of Tokyo permission to acquire Union Bank of Los Angeles by merging it with California First Bank,
      AP  -  247 words
    • 164 7 Reuter THE INDONESIAN rupiah was fixed at a new low against the US dollar, the central bank setting a middle rate of 1,701 yesterday against 1,699 on Wednesday. The buying/selling rates were 1698/1704, against 1696/1702 on Wednesday, a Bank Indonesia spokesman said. The
      Reuter  -  164 words
    • 213 7 AFP THE INDUSTRIAL Bank of Japan (IBJ) is currently discussing refinancing old loans with the Indonesian government and helping to ease Jakarta's foreign debt burden, the bank's top executive has said in Jakarta. We are trying to rearrange old loans, expensive
      AFP  -  213 words
    • 452 7 AFP BANQUE INDOSUEZ, one of France's largest commercial banks, has contracted Bombaybased Tata Unisys to provide computer software for all its national and international operations. The US$l.4 million, two-part Indosuez package covers management, marketing and commercial operations for the bank's Paris headquarters as
      AFP  -  452 words
    • 220 7 Reuter A JAPANESE financial firm is likely to participate as a passive investor if First Boston Inc merges with its partly owned affiliate. Financiere Credit SuisseFirst Boston (CSFB), according to analysts. First Boston, CSFB, and Credit Suisse said on Monday they were discussing
      Reuter  -  220 words
    • 72 7 AP FEDERAL RESERVE Board chairman Alan Greenspan plans to visit Japan next month. Joseph Coyne, a board spokesman said no firm dates for the trip had been established, nor an itinerary set. Mr Greenspan is scheduled to attend the convention of the American Bankers Association in
      AP  -  72 words
    • 62 7 THE OVERNIGHT rate on the Singapore money market rose 2% points yesterday to close at 4% per cent. One-month term rate fell 1/16 point while twoand three-months remained unchanged. S$ Interbank rates at the close yesterday: OfK* BID Overnight 4 7/8 3/4 1 -month 5 4 7/8 2-month
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    • 480 7  -  Move a first by an airline in Singapore By DEXTER LEE QANTAS AIRWAYS. Australia s national carrier, has become the first airline to set up a captive insurance company in Singapore that will insure the group's in-house risks The two-month-old captive. Southern Cross Insurances
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    • 225 7 Reuter INTERNATIONAL financial markets. plagued this decade by disruption. need greater regulation, according to Bundesbank board member Claus Koehler on Wednesday. "The international financial markets have been the cause of excesses in the 70s and 80s and these led to crises," he said in a
      Reuter  -  225 words
    • 155 7 Reuter A SENIOR US Treasury official said some progress was made in two days of talks in Washington with Taiwan government representatives towards winning more opportunity for US financial firms to operate in Taiwan. Thomas Berger, Deputy assistant Secretary for International Monetary
      Reuter  -  155 words
    • 102 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOV 3 months BQ*****N 1.12.88 4.58 4.53 4.58 4.51 6 months BY*****T 24.11.88 4.58 4.53 1 year BY*****S 20.07.89 4.77 4.72 4.79 4.7! Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
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    • 186 7 Indicates the average of the prime lending rates of 12 major banks In S'pore w Interbank market rates (offer/bid) on Sep 1 us$ DM SWFC Y«o 7 doyt 8 3/14 1/16 8 7/16 5/16 8 9/16 7/16 9 8 7/8 9 1/4 1/8 117/8 3/4 12 3/16
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    • 70 7 THE UNION BANK of Switzerland has been granted in-principle approval by the Singapore International Monetary Exchange to be a corporate non-clearing member. This will bring the total number of corporate members of the exchange to 80. comprising 35 clearing members and 45 non-clearing members. A
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  • Page 7 Advertisements
    • 161 7 The University of Melbourne MBA Leadership in Management The Graduate School of Management is a national management school based in Melbourne Its graduates have a record of success and leadership in the management of business and public organisations Key Features Two-year full-time program of intensive study in general management Blends
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    • 488 7 Cold Storage Holdings RL.C (Incorporated in tho United Kingdom with limited liability) The Directors announce the unaudited results for the six months ended 31st July 1988 as follows: THE GROUP THE COMPANY Turnover Operating profit/(loss) before depreciation Depreciation of fixed assets Operating profit/ (toss) Investment and interest income Interest expense
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  • PERSPECTIVE
    • 520 8 BUSINESS TIMES MANY BULLS have turned into bears in the past three weeks when the spirited May rally in the stock market sputtered out and prices were eroded almost daily The Straits Times Industrial Index has lost nearly 148 points from this year's peak of
      BUSINESS TIMES  -  520 words
    • 1905 8  -  Opposition parties have put up their strongest challenge since the 1963 general election. Continuing BT's series of election background articles, ANNA TEO traces the fortunes and misfortunes of the opposition movement. ANNA TEO THE BIG QUESTION in the minds of many tomorrow must surely
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    • 928 8 Workers' Party LAWYER Joshua Benjamin Jeyaretnam chose to breathe new life into a dormant Workers Party in 1971, instead of forming a new party to contest the 1972 general election. The WP dates back to 1957 when the former Labour Front Chief Minister David
      928 words
    • 1089 9  -  TELEVISION AND POLITICS BfBBSSa By TAN KEE WEE TELEVISION established a milestone in Singapore's political history a tew days ago. For the first time, an unedited debate on an important electoral issue was screened That telecast brought to living rooms the sparks
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    • 693 9 Reuter LECH WALESA, consigned to obscurity by Poland's communist rulers when they crushed Solidarity, waited seven long years before he and the free trade union reemerged as key players in Poland's future. In an irony of history, Mr Walesa was having talks on Wednesday on
      Reuter  -  693 words
    • 821 9  -  By JEREMY CLIFT Reuter WITH A WARY EYE on the upheavals in Burma and the communist insurgency in the Philippines, Indonesia s President Suharto is opting for a strategy of cautious change amid calls for faster political reform. While initiating a process of rapid economic
      Reuter  -  821 words
  • Page 8 Advertisements
    • 74 8 Managers must manage. BT shows you how every Monday. SINGAPORE MONEY MANDARIN 9scii»*<ve ttferww mth I V P Hay fhrt'fftr SINGAPORE $4 A MONTHLY MAGAZINE OF OUSINESS TRENDS Singapore's money mandarin speaks out Food exporters 1 recipe for success Phuket: sun f sea and cash Rubber s-t-r-e-t-c-h-e-s ahead Theme parks:
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    • 120 8 V Scalpel...scissors._sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, you need to he kept well informed to maximise returns on your money. In the same way a surgeon needs his tools to o|ierale, he needs Business Times to help him make sound investments Fluctuations in shares, in
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  • Page 9 Advertisements
    • 216 9 HOME MULTICOVER. <si w* jagjaI war-. 5311 II -J a V/'si ®5*> 4 :v; A BLANKET Are you already paying $200 or more in premiums to protect your home? If you are, Norwich Winterthur Insurance has got a blanket policy that will really cover you because our Home Multicover policies
      216 words
  • Page 9 Miscellaneous

  • COMMODITIES
    • 551 10  -  By AL O LABITA Jr THE PHILIPPINES has shifted its coconut export thrust to the socialist bloc in retaliation against the "worsening'' protectionist stance of its traditional markets the European Community and the United States This year, exports of coconut oM and other by-products to the
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    • 329 10 HONGKONG: Gold ended slightly lower in quiet and slow trading yesterday. The metal opened lower, but light buying from Taiwanese and Australian investors emerged and helped prices finish at the day's high. Bullion ended at U*****.30/80 an ounce, against an initial U*****.30/80 and New York's U*****.75/431.25 close. On
      329 words
    • 151 10 HEAVY short-covering by European and Japanese buyers emerged yesterday after Wednesday's holiday, pushing the Kuala Lumpur Tin Market (KLTM) price up 14 cents to a new 30-month high of MSI9 93 a kg. Buyers were rationed by 10 per cent. Low offers and high bids for 174 tonnes
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    • 223 10 SINGAPORE: Rubber prices yesterday drifted lower following lower Japanese prices and speculative selling Trading was quiet October RSS One buyer was quoted at 244 50 cents a kg. down 2.50 cents from Wednesday's close On the TSR-20 market. Oct bid was quoted at 218 50 cents a kg. down
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    • 268 10 R AS prices in S cents/kg. FOB in bal*« NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 242.00 243.00N 242.00 243.00N Int 1 RSS Oct 86 245.00 246.00N 244.50 245.SON lot 1 RSS No* 248.00 249.00N 247.50 248.50N Int 2 RSS OP 240.50 242.SON 240.50
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    • 91 10 (cand/kg) OCTOBER 1988 NOVEMBER 1988 (currant month) (forward month) D AC NOON NOON nAo luyan S«ll*r< kytri S*N*n SSR 20 21 8 00 220.00N 218 00 220 00N SSR 50 216 00 218.00N 216.00 218 00N MRELB •uy«r» StUtn S«W«r, SMR Of 374.00 376.00N 376.00 378 00N
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    • 184 10 SOFT red winter (SRW) wheat futures closed higher in Chicago on Wednesday, supported throughout by news of upcoming export tenders and higher corn futures. Wheat closed up two to 0 4 US cent per bushel with spot September up two cents at US$3 97% and December up one cent
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    • 181 10 SOYBEAN futures closed higher in Chicago on Wednesday, supported by gains in corn and commission house short-covering and commercial buying Soybeans closed up 7V4 to 21.0 US cents per bushel. with spot September up V/i cents at US$B 54V4 and November up 8% at USSB67V4 Export-related strength in corn
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    • 516 10 MALAYSIAN CRUDE PALM OIL FUTURES closed steady on the Kuala Lumpur Commodity Exchange yesterday in active trading The higher overnight close on the Chicago Board of Trade for the past two days and better interest in the cash market influenced sentiment on the futures front Short-covering helped the
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    • 98 10 GAINS accrued on Wednesday were wiped out in thin trade yesterday. Activity on the crude market was a little more lively with prices sliding further. Closing prices for crude (FOB origin) USS 'barrel Change Tapis (S«p) 14.65 undi Minos (Sep) 14.45 unch Duboi (Oct) 12.95 -0.15 West
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    • 238 10 Chinese Produce Exchange Sellers' noon closing prices on Sep 1 (SS/100 kg) Coconut oil Bulk FOB 116.00 Old drum FOB 126.00 New drum FOB 130 00 Copra Mixed (loot*) 67 tellers Pepper Muntok white FOB NIW 777.50 Sarawak white FOB foq NIW 767.50 Sarawak special block FOB NIW
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    • 304 10 London Commodity Exchange Buyer/Seller closing prices on Aug 31 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee basis in-store London, sellers option CIF London Sep 1018/1019 (1000/1001) High/Low 1022/994 Nov 1030/1032 (1013/1014) High/Low 1035/1006 Sales (4259) Cocoa Sep 898/905 (899/901) High/Low 919/899 Dec 847/848 (848/850) High/Low 864/846
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  • Page 10 Advertisements
    • 82 10 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, tennis, bowling, etc.
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  • KLANG PORT AUTHORITY 25TH ANNIVERSARY
    • 155 11 CONGRATULATIONS to the Klang Port Authority on the occasion of its silver jubilee. I have followed with interest the development and progress of Port Klang in view of its important role and contribution to our nation's economy. It is my hope
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    • 202 11 CONGRATULATIONS to the Klang Port Authority on the occasion of its silver Jubilee. Since its establishment 25 years ago, Port Klang has seen a great deal of changes which befit its role as one of the major ports in this
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    • 1531 11 PORT KLANG PORT Klang is witnessing a hefty increase in throughput thanks to the booming overseas trade and the authority's concerted marketing drive to attract more cargo. Its growth during the past six months was much higher, at 7.48 million tonnes, than the volume handled during the
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    • 934 12 THE Klang Port Authority was established in 1963 following the passage of the Port Authorities Act (1963). The Act authorised the Government to create an autonomous body to take over the management and operations of the port from the Malayan Railway administration. The taking
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    • 1230 13 THE Kelang Container Terminal (KCT), whictrls the first major privatized facility in the country, has won praises allround. including the Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamed who feels its performance is a proof of success of the Government's privatization policy. In fact, it is
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    • 1213 14 ROLE OF TRADE FACILITATOR THE port is pushing for direct delivery as this means cargoes do not sit in transit sheds anymore. About 80 per cent of the cargo at the conventional berths are now delivered directly. Considerable savings to importers is obvious since they do not
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    • 787 14 MALAYSIA'S intention of achieving maritime status is, quite simply, to increase the size of the national merchant fleet in order to carry a large proportion of the nation's external trade. This is aimed largely to reduce the outflow of foreign exchange on account
      787 words
    • 1247 15 THE Malaysian National Ports Study <NPS> was adopted by the Government recently. The report is significant, especially that a comprehensive port planning policy is being attempted but its specifc findings are sometimes mere conjecture rather than substantive since its recommendations do not reflect the dynamic
      1,247 words
  • Page 11 Advertisements
    • 90 11 CONTENTS Playing a positive role in national economy Page 12 KCT blazes the trail Page 13 Some changes are visible at Port Klang Page 14 Need for a central agency for maritime development Page 14 New directions in port planning Page 15 Articles written by G. DURAIRAJ Kelang Port Authority
      90 words

  • Page 12 Advertisements
    • 240 12 LEMBAGA PELABUHAN KELANG di atas Ulang Tahun Ke 25 Dengan Ucapan Tulus Ikhlas daripada SELANGOR COASTAL SHIP OPERATORS ASSOCIATION (Persatuan Operator-Operator Perkapalan Persisiran Pantai Selangor) PENGERUSI MOHD NOOR AHMAD (Johore Shipping Sdn. Bhd.) NAIB PENGERUSI LOW CHEE BENG (Pasti Berjaya Sdn. Bhd.) BENDAHARI SIM KENG HUA (Jambatan Merah Sdn. Bhd.)
      240 words
    • 103 12 CONGRATULATIONS! to LEMBAGA PELABUHAN KELANG On Their 25th Anniversary r* m INTERHUTIOIIAI ioe*' in From: LEP INTERNATIONAL (MALAYSIA) SDN. BHD. P J OFFICE 24M Ski M Damansara Ulama <7400 Petahig Ja«a Setango' Tet 03 *****04 03 *****33 Tli MA ***** lEPPTJ POT KELWK 41* Mr <Urf r ***** Port Keiang
      103 words

  • Page 13 Advertisements
    • 203 13 LLOCKUORK PRL WITH OUR NEW STRENGTHS NEW EFFICIENCY Kelang Container Terminal (KC7) combines local experience and international expertise to give a new level of dynamic efficiency to its containerizatiori services. Adding to its strengths is the partnership of P O Australia Ltd, who are involved in wharf-owning, cargo and material
      203 words
    • 205 13 NEPLINE SDN. BHD. Government approved FREIGHT FORWARDER, SHIPBROKER and CHARTERER General Agents lor: NEPTUNE ORIENT LINES (NOL) THE NORTH AMERICA PACIFIC and ATLANTIC COAST SERVICES (TPA) STRAITS/AUSTRALIA SERVICE (ANRO) FAR EAST/EUROPE SERVICE (ACE) SOUTH EAST ASIA and SOUTH ASIA SERVICES. OMEX FAR EAST/MEDITERRANEAN SERVICE (MED CLUB) MPPL MALAYSIA/SINGAPORE/INDONESIA/THAILAND CCNI (CHILEAN
      205 words

  • Page 14 Advertisements
    • 527 14 In J I ilAili i |i|4 f%[UDI SELAT ITmITOKELANG UTARA PELABUHAN KELANG I elabuhan Kelang pintu masuk melalut |alan laut ke Semenanjung Satu kilometer M dan pelabuhan ini terletak M projek PKNS yang terbesar di bandar Ftoiabuhan Kelang Kawasan perumahan ini dihubungi dengan kemudahan jalanraya yang baik yang sedia ada
      527 words

  • Page 15 Advertisements
    • 479 15 list of advertisers Bintulu Port Authority Kelang Container Terminal KTM Lep International Nepline Sdn Bhd PKNS Selangor Selangor Coastal Shipping Tanjungria Shipping Sdn Bhd We'll carry your business worldwide The integrated services we offer: When your business calls for freight forwarding services, you w ill need an organisation with global
      479 words

  • LEISURE
    • 725 16  -  By TERRY TRUCCO NYT BRUCE SPRINGSTEEN. Peter Gabriel and Sting along with other leading rock musicians will perform at Wembley Stadium in London today, beginning a six-week concert tour of five continents for Amnesty International, which monitors human rights abuses But in a makeshift office at
      NYT  -  725 words
    • 825 17  -  The public sale of young talent is being conducted at rather merciless terms. It may not amount to child abuse, but it is still a form of robbery, argues BERNARD HOLLAND. BERNARD HOLLAND NYT THE PROMOTING, encouraging and marketing of child prodigies may not constitute
      NYT  -  825 words
  • Page 16 Advertisements
    • 212 16 COURyOISIERXO -WIHIEEE TO lENYIEICTaVIN Celebrate your Mooncake Festival with a classic Chinese beauty. Royal Mooncakes. A delicacy with rich lotus seed paste and soft skin. Made from fresh and quality ingredients. Free piglet biscuits and paper lanterns will be given away with purchases. Royal Mooncakes are available from September 3
      212 words
    • 114 16 You've Earned it! A Heat A BARBECUE N' FASHION SHOW EVERY FRIDAY AT THE POOLSIDE Meat hor off rhe grill and other Dor-D-Q favourites await you on rhe buffer table by rhe poolside. Indulge in hor remprmg food ond enjoy rhe unique experience of dining by rhe poolside. Prices SSI6
      114 words
    • 156 16 PLUM'S YOUR AUGUST FEAST RICH NONYA FLAVOURS AUGUST 22 SEPTEMBER 4 Discover spicy, flavourful nonya novelties at Hyatt Regency Singapore. Come to Plum's and let nonya food expert, Christibelle Savage personally prepare "baba" specials just for you. Nonya lunch and dinner buffets SS2O* Myatt Q Sajujana •Plus 10% service cha'Qe
      156 words
    • 177 16 Great dining in the Streets J m STREETS OF Plaza Hotel" Bearh Road Singapore 0719 Tel 298(1011 Of Ground J Floor 24 hours daily "31 Rijstafel Buffet Lunch Sept 1 15 $11.50 (Adult) S6.so++ (Child) Friday Fashion Fare 1.15 pm Sept 2 9 Models: Classy Flair HIGH TEA Fri, Sat
      177 words
    • 354 16 \V oo d v 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 Post B«K)k your tables early for seats of your choice. Call 737
      354 words

  • Page 17 Advertisements
    • 170 17 <» <m <» <i 9 P/ J Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, for every drink you order you get your next FREE. And bottle purchases are at 25% less There's no happier time to enjoy your favourite
      170 words
    • 38 17 SaC if*- fit V xo CQURyoiSIER cognac v, e,l ,«™en, m fa re d V hint m "(ciwra pour «*enir Is subtil tt£ la finesse c Cognac. r O. 'OO&X} C* HtANQ v jss- 4 XO COURVOISIER COGNAC
      38 words
  • Page 17 Miscellaneous
    • 681 17 CRYPTIC PUZZLE ACROSS 4 Work out to get in shape? (6) 7 Old Harry's only half evil! (3.5) 8 Birds we lost, maybe (6) 10 Girl's name for a major road in the city (5) 13 Measure the back door (4) 14 Just about no place 7 (4) 15 An
      681 words
    • 1279 17 w acE) sacDcicD Zach puts them on the line m T X' I FRIDAY AT THE MOVIES A Chorus Line '10.10pm, Channel 5 Insecurities, secret thoughts and intimate emotions are revealed when hopefuls vying for a part in a Broadway chorus line are put through a rigorous selection process. Michael
      1,279 words

  • SPORTS
    • 442 18 Israeli contender in top form AP IVAN LENDL's journey toward a fourth straight US Open title was nearly derailed In the opening round on Wednesday night. Lendl, who had never lost a set in nine previous first-round Open matches, went the limit
      AP  -  442 words
    • 273 18 Reuter AMERICAN TOMMY HO on Wednesday could have become the youngest winner ever in US Open history, but had to settle instead for being the youngest loser. Ho, at 15 years and two months, lost his first-round match against compatriot Johan Kriek
      Reuter  -  273 words
    • 975 18  -  By BARRY WOOD ANDRE AGASSI may not realise it, but he carries a heavy responsibility upon his shoulders. Indeed, he could hold the future prosperity of the game in his hands. Aged just 18 and ranked No. 4 in the world, he appears
      975 words
    • 212 18 UPI GLENN HUBBARD squeezed home the game's lone run in the sixth inning and Dave Stewart outduelled Roger Clemens on Tuesday night, leading the Oakland Athletics to a 1-0 victory over the Boston Red Sox. Boston remained a half-game behind first-place Detroit
      UPI  -  212 words
    • 68 18 AFP DOUG MOUNTJOY of Pontypool led a Welsh charge into the fourth round of the £225.000 international snooker tournament in Stoke-on-Trent. England Weight-watcher Mountjoy, who has shed a stone in six months, had no trouble beating Sheffield-based David Martin 5-1 for a place in the
      AFP  -  68 words
    • 441 18 AP GREG NORMAN is left with putting woes as a lingering reminder of an injury that sidelined him for seven weeks this season "The injury has healed It's 100 per cent," the Australian star said before a final practice round for the C
      AP  -  441 words
    • 560 18 AP STEVE CRAM's Olympic dreams appeared seriously in doubt after an injury in a track meet in the central Italian town of Rieti, raising the possibility of a role for Sebastian Coe as a substitute on the British track team at the
      AP  -  560 words
    • 746 18 AFP AFP THE FORMIDABLE frame of West Germany's Michael Gross stands firmly in the way of Matt Biondi's dream of emulating Mark Spitz and capturing seven Olympic swimming gold medals. For in two of his individual races, the 200 m freestyle and 100 m butterfly,
      AFP  -  746 words
    • 557 18  -  MO MMIST with Mike Cashmore IN OUR PURSUIT of fitness and that ideal body, we are concerned with achieving results quickly. This need has led to the proliferation of specialised and in some cases very sophisticated exercise equipment which enable some fitness centres
      557 words

  • COMPANIES & STOCK MARKETS
    • TAKING STOCK...
      • 526 19 HOCK LOCK SIEW THERE SEEMS to be no end to the Kind of corporate gymnastics that United Industrial Corporation can perform. The big talk around town is that its 78.8 per cent stake in property subsidiary, First Capital Corporation, could change hands soon. A few names have
        HOCK LOCK SIEW  -  526 words
      • 319 19 Property trusts KL is ahead IT LOOKS like Kuala Lumpur has stolen a march on Singapore on the property front. After years of deliberation, the Malaysians are going ahead with the launch of a property trust. A Kuala Lumpur-based financial institution has set up a joint venture with Aust-Wide Management
        319 words
    • 330 19 Reuter GOODMAN FIELDER Wattie Ltd is to sell its 29.99 per cent stake in British food group Ranks Hovis McDougall PLC following the referral of its bid for RHM to the UK Monopolies Commission The £17 billion takeover bid lapsed earlier this month when
      Reuter  -  330 words
    • 114 19 BANDAR RAYA Developments Bhd has reported group profit after tax and minorities of Msl 96 million (Msl 57 million) on turnover of Msl4 22 million (Msl6 83 million) and investment income of Ms 2 44 million (MS2 92 million) for the six months ended June 30.
      114 words
    • 75 19 Bernama DEVELOPMENT AND COMMERCIAL Bank Bhd intends to acquire 950.000 shares or 19 per cent of D&C Leasing Sdn Bhd from Syed Kechik Holdings Sdn Bhd for M 51.53 million cash The leasing company is a 51 per cent owned subsidiary of the bank
      Bernama  -  75 words
    • 601 19  -  Plans to capture more work in Gulf area By CORRINA LIM SEMBAWANG MARITIME Ltd has claimed to be the biggest salvor in the world in the past two years in terms of number of ships salvaged, tonnage and number of people saved
      601 words
    • 483 19  -  By ROSIE TAN FOOD-BASED GIANT Cold Storage Holdings PLC has reported a profit of $6 83 million after tax for the six months to July 1988, an increase of 12.5 per cent over the same period last year. But directors
      483 words
    • 598 19  -  By ALVIN TAY HONG LEONG Finance, the biggest finance company in Singapore. has chalked up a 21.5 per cent rise in group attributable profit to $12 million for the interim six months. Like most other finance companies. the buoyant performance of
      598 words
    • 164 19 Bernama THE PROPOSED flotation of KFC Holdings Bhd (KFCH) on the Kuala Lumpur Stock Exchange will enable the company to raise additional equity capital to enlarge its capital base, its parent company, Innovest Bhd, said Replying to queries from the KLSE, Innovest, which owns
      Bernama  -  164 words
    • STOCK EXCHANGE OF SINGAPORE
      • 32 20 Company RIGHTS ISSUE F N Two-for five J300 per share Ex-date: Sep 5 Books close: Sep IS Raleigh Seven-for-two S1 00 per share Ex-date: Aug 31 Books close: Sep 14
        32 words
      • 299 20 Company RIGHTS ISSUE AMDS One-for-four $0 50 per shore C 1 Holdings 27 million loan stocks in the ratio of $3 loan stock for every five ordinary shares held Duta Cons One-for-one $1 10 per share F A C B One-for-one $060 per share General Corp Issue of
        299 words
      • 161 20 SINGATRONICS Limited: EGM at Board Room, #0601/06. 512 Chai Chee Lane.Bedok Industrial Estate. Singapore 1646 on Thursday. Sep 8, at 11am. QAF Limited AGM at Hyatt Regency, Singapore, Sir Stamford Room, 10/12 Scotts Road, Singapore 0922 on Friday, Sep 9. at 11am. MBf FINANCE Bertiad: 17th AGM at
        161 words
      • 324 20 Managers' prices for Sep 2 UOB Management Umhjnd 090 090 Singapore Unit Trust Unibond 1005 1 03 The Commerce 096 1 02 MA K A Bumi putr a The Fund oas 091 First B potra 620 6 25 S pore Prog fund 0« 044 Second B'putra 563 568
        324 words
      • 687 20  -  by GALEN CHAY SHARE PRICES in Singapore yesterday tumbled in early trading in reaction to Tokyo's sharp fall but recovered in the afternoon. Within half an hour of the opening bell, the Straits Times Industrial Index plunged 18.65 points to 1,017.94 points following the
        687 words
    • 5266 20 EP 1988 Tal High Low Code Company Last Sale crGr'a Gr'» DIv DIv Y'ld Net Vol Day C'vr p/E ('000) High Low Last Quota Buyer Sellei SECTION ONE INDUSTRIAL ft COMMERCIAL 141 85 218 167 135 460 186 350 129 167 177 297 59% 354 555 565
      5,266 words
    • SES/KLSE
      • 3380 21 MBT SHARE PRICES overcame a weak start to close firmer on the Kuala Lumpur stock market yesterday. Trading volume was extremely thin as the big boys continued to stay away. Participation was mainly by the man-in-the-street. But despite the general absence of
        MBT  -  3,380 words
      • 396 21 MBT A JOINT VENTURE company formed by an Australian company and a Malaysian financial institution has received approval in principle to launch a MJIOO million property trust in Malaysia The approval in principle was given by the informal committee which is chaired by
        MBT  -  396 words
      • 656 21 Cwtwl p y m# n t Ex dMa Books doM i! Total tor N year Total toi lest yea Alax Hldgs 6% lb) Aug 30 Sop 9 Sop 26 6% 4% Boto 8% til Sop 9 Sop 23 Oct 12 8% 22% Borjuntai 3% Aug 19 Sop 2
        656 words
      • 456 21 BONDS, LOANS WARRANTS Company Eipiry/ maturity date Coupon <%) Chuon Hup Wrts 1991 City Dev ftoodi 1994 5V4 City Dev Wrti 1992 Dunlop Est CULS 1988 8% G Corp CULS 1989 10 H Prop Roods H Prop Wrts 1993 1993 4 M Toi-Pan Wrti 1992 JC-MPH Loon JC-MPH Wrts A
        456 words
    • REGIONAL MARKETS
      • 574 22 Reuter OPTIMISM is the dominant sentiment before tomorrows launch of full-fledged stock index futures trade on Japan's two major stock exchanges The Tokyo Stock Exchange will launch TOPIX (Tokyo Stock Price Index) futures trading, and the Osaka Stock Exchange will start trading the
        Reuter  -  574 words
      • 241 22 FT NOMURA SECURITIES is negotiating to buy a majority stake in GNP Commodities, a Chicago futures and options firm, as part of the rapidly accelerating investment by Japanese institutions in the city's market makers So far this year, Daiwa, Nikko and
        FT  -  241 words
      • 617 22 Tokyo Reuter SHARE prices closed down but above their lows in subdued afternoon activity yesterday after dropping all morning in reaction to an overnight rally by the dollar against the yen, brokers said. "The market is still very nervous and will continue to trade as a function
        Reuter  -  617 words
      • 570 22 Australia Reuter THE AUSTRALIAN share market drifted off its lows, but still closed sharply weaker yesterday as it traded in line with the falling Japanese market. Brokers said the market picked up slightly near the close, as some investors bought cheaper stocks One broker said yesterday's result
        Reuter  -  570 words
      • 1459 22 Hongkong HONGKONG share prices closed slightly easier but above earlier lows in thin trading yesterday. The Hang Seng Index ended 10 48 points down at 2,433 32. Brokers said a lack of fresh news prompted traders to follow Tokyo. When Tokyo opened easier, sellers shaved 35 points
        1,459 words
      • 265 22 Reuter SEOUL share prices closed higher in weak trading yesterday with buying pressure concentrated on blue-chips and financial stocks. The Composite Index gained 11.24 points to finish at 675.67 on a turnover of 104 9 billion won against 88 6 billion on Wednesday "Many investors were relieved
        Reuter  -  265 words
      • 167 22 Reuter SHARE PRICES in Manila slipped across the board on profit-taking yesterday, triggered by sharp price drops in the Tokyo and Hongkong markets. "The investors seemed to be losing their confidence again after hearing this news and I think their fear is reasonable," said Wilson Sy, president
        Reuter  -  167 words
      • 168 22 Reuter THE SECURITIES Exchange of Thailand Index eased 3 18 to 433 37 points yesterday on a turnover of 4,697,489 shares worth 322.93 million baht Reuter 01 SAHT 1 Ao Kham Thai 1 Ayudhya Investment 1 Bangkok Agro-lnd Bangkok Bank Bank 0» Ayudhya Charoong Thai Wire
        Reuter  -  168 words
      • 372 22 Reuter THE TAIWAN stock index gained steam yesterday after an early morning dip and ended the day sharply higher The weighted index rose 94.14 points, or 1.2 per cent, to 7,774.62 from Wednesday's 7.680.48 close after dipping to a morning low of 7,606 48 shortly after the
        Reuter  -  372 words
      • 161 22 Reuter BOMBAY share prices rose sharply on a broad front for the third consecu- tive day yesterday on heavy and sustained institutional buying, brokers said They said an announcement by Reliance Petrochemicals Ltd that its five-billion rupee deben- ture issue had been heavily oversubscribed cheered the market.
        Reuter  -  161 words
      • 200 22 Reuter A FALL in the Tokyo share market in morning trading sent leading shares sharpi ly lower in New Zealand I yesterday, brokers said. We got hammered But it wasn t on huge voli ume." one broker said. The Barclays Index fell 30 01 points to
        Reuter  -  200 words
    • WORLD MARKETS
      • 860 23 New York Reuter WALL STREET stocks finished with a modest loss for the second consecutive session on Wednesday as investors remained on the sidelines ahead of new jobs data due today and a long holiday weekend. Traders said interest rates are still calling the tune
        Reuter  -  860 words
      • 958 23 London Reuter EQUITIES opened a few pence lower yesterday, after an early mark down, chiefly in response to a sharp fall on the Tokyo exchange, weakened by dollar gains against the yen. Dealers said the market's reaction to the decline in Japanese stocks highlighted its nervous state
        Reuter  -  958 words
      • 127 23 HONGKONG Hongkong Index Thursday 1.608 25 Wednesday 1.615 63 Week ogo 1.663 24 Hang Seng Index Thursday 2.***** Wednesday 2.443 80 Week ago 2.520 86 All Industrials Thursday 2.506 6 Wednesday 2.5481 Week ago 2 641 4 NEW YORK Dow Jones Wednesday 2.***** Tuesday *****3 Week ogo 2.027
        127 words
      • 767 23 Reuter AB VOLVO chairman Pehr G Gyllenhammar has predicted that world demand for cars would soon level off or perhaps even decline, but said diversification would help his company ride out the downturn. "The world car market has been so exceptionally strong
        Reuter  -  767 words
      • 382 23 FT THE EUROPEAN COMMISSION is planning further proposals to increase airline competition. In addition it is hoping to accelerate plans to create "some form of control at the European level over airline mergers", Mr Peter Sutherland, the European Commissioner in charge of
        FT  -  382 words
      • 155 23 Reuter ANOTHER 8,000 jobs in the US securities industry may vanish in the next couple of months, on top of 16.000 jobs already lost because of last year's market crash, industry analysts in New York say. Profits on Wall Street have been squeezed
        Reuter  -  155 words
      • 2162 23 Reuter AMSTERDAM: Dutch share prices yesterday ended a day of lacklustre trading lower mainly due to investor cautiousness ahead of the release of US unemployment data today, dealers said. There is still a basic lack of confidence on the market so people wait eagerly for clues like
        Reuter  -  2,162 words
    • 533 24  -  Project worth $40m to be completed by year-end By JEFFREY TSANG A $40 MILLION supercomputer bureau the first in South-east Asia will be set up by year-end to service academic institutions, government agencies, private sector companies as well as regional clients. Set up by
      533 words
    • 287 24 AP JAPANESE INVESTMENT in China has nearly doubled in the past year and should continue to grow rapidly following the signing of an investment protection accord, a Chinese official has said. Chu Baotai, deputy director of the Foreign Investment Bureau of the Ministry of Foreign
      AP  -  287 words
    • 271 24 MORE BUILDINGS will be put up at the Science Park in preparation for an expected influx of more high-technology companies. The general manager of the National Computer Board, Mr Lim Swee Say, said the board's pipeline" of companies considering the
      271 words
    • 389 24 Reuter CHINA and the Soviet Union found common ground as well as differences during talks on Cambodia which finished yesterday. A Chinese foreign ministry spokesman said the talks were beneficial, enhanced mutual understanding and took place in a "business-like, frank and pragmatic atmosphere". His comments
      Reuter  -  389 words
    • 306 24 THE SOVIET newspaper Pravda yesterday called for an overhaul of the Soviet food industry, reporting widespread shortages and admitting that consumption figures had been falsified. In the most candid description to date of the daily battle faced by Soviet shoppers, the Communist Party
      306 words
    • 329 24 AFP THE COMMITTEE coordinating strikes in the northern Polish port of Gdansk yesterday instructed strikers to end their two-week-old action at 1200 GMT The decision, which was announced at a mass meeting on Wednesday night at the giant Lenin shipyards, came
      AFP  -  329 words
    • 254 24 NST THE MALAYSIAN economy continued to improve in the first quarter of 1988. registering a growth rate of 7.5 per cent, said a Bank Negara quarterly report. This performance came on the back of a 7.1 per cent growth in the
      NST  -  254 words
    • 183 24 Reuter INDIAN LEGISLATORS (ought each other and tore microphones from tables in unprecedented scenes in parliament yesterday, eyewitnesses said Members of parliament started yelling at each other, then came to blows in a row triggered by police teargassing and batoncharging an opposition delegation
      Reuter  -  183 words
    • 357 24 AFP A MALAYSIAN Supreme Court judge heading a tribunal probing government allegations of gross misconduct against five colleagues has stepped down from the panel Attorney-General Abu Talib Othman said yesterday Malaysian King Sultan Iskandar had consented to Judge Hashim Yeop Sani's decision to leave
      AFP  -  357 words
    • 109 24 AFP Reuter BURMESE PRESIDENT Maung Maung last night approved the re-establishment of a student union banned for 26 years, but he refused to accede to demands for the government to resign immediately. He said the movement to transform single-party rule into multi-party democracy must go
      AFP; Reuter  -  109 words
    • 177 24 FIVE AFGHAN warplanes bombed villages deep inside Pakistan yesterday, killing one person and prompting a strong protest from Islamabad. Foreign Ministry spokesman Nasir Jamal said it may have been the deepest violation of Pakistani territory in Afghanistan's 10-year-old civil war. Mr Nasir said the
      177 words
    • 101 24 Reuter COMEX GOLD futures slipped in early dealings yesterday following a firm dollar, but market participation was winding down on the approach of the three-day US holiday weekend The December delivery was off US$O 70 at US$439 20 an ounce after holding a narrow range of
      Reuter  -  101 words
    • LATE FILE
      • 67 24 AFP MORE THAN 30 buses and commercial vehicles were hijacked and set on fire yesterday during rioting in several Catholic areas of West Belfast overnight following the killings of three Irish Republican Army men by the security forces, the Royal Ulster Constabulary said. Security
        AFP  -  67 words
      • 66 24 UPI UN SECRETARY-General Javier Perez de Cuellar turned mediation of moribund IranIraq peace talks over to a special representative yesterday. saying he would return only if absolutely necessary. Taking over in the effort to get the two Gulf enemies to move the talks from square
        UPI  -  66 words
      • 41 24 UPI EIGHT STUDENTS and a teacher committed suicide in separate incidents as the new school term began in Japan yesterday, and education critics pointed to the intense pressure of Japanese schools as a possible reason UPI
        UPI  -  41 words
      • 36 24 Reuter THE PHILIPPINES' foreign debt rose to a record U5528.95 billion at the end of April from the previous high of U5528.65 billion at endMarch, central bank data showed. Reuter
        Reuter  -  36 words
      • 41 24 AFP WEST GERMAN industrial output, including energy, building and mining, fell by 2.2 per cent in July from June, on the basis of seasonally corrected but provisional figures, the Bonn economics ministry announced yesterday AFP
        AFP  -  41 words
      • 38 24 UPI THE FRENCH NAVY dispatched a patrol boat to stand guard yesterday over a West German freighter anchored off the port of Le Havre with 2,000 tonnes of Italian toxic wastes on board.
        UPI  -  38 words
      • 34 24 Reuter SIKH MILITANTS used a mine for the first time yesterday in their bloody campaign for an independent homeland, blowing up a police vehicle and killing two militiamen. Reuter
        Reuter  -  34 words
  • Page 19 Advertisements
    • 67 19 Pharmaton Capsules An effective aid to good health One Pharmaton" capsule a day will help to maintain your well-being, relieve La tiredness and improve physical fitness. V Available at all leading pharmacies, drugstores and the local distributor: BRtSmAAWPg&s) INDRUGCO PTE. LTD. 34-C North Canal Road S(0105) TEL: *****24 Fax: *****22
      67 words
  • Page 19 Miscellaneous
    • 37 19 C.&. /Z&4/, TO c/ocs, /?&?0A3£C/ A£>e</A£J &A/&?/*&/=7£mp/4// 7Z> C/&6'.. 7Z/.Ar7£/cv'ye~- 77/^r tfA/g' r&^-/A/<£ /^rro 'rv/ASt;poz/r/Lx.' 77//*/# /tt/r/Kz../' <iCO^ V^ JmsfuW, by Martell ,A/£~<^*77y£~. $0 £/0C/ ttC '&T t/£-ig (Zsivo/A/f, AtVP &A/ T^r. J fe f #5^ <& "A^7Z*((
      37 words



  • Page 22 Advertisements
    • 477 22 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND Machine-Tech Engineering Pte Ltd (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 50 Jin. Sultan #21-04 Jalan Sultan Centre, Singapore 0719 on 27th day of August 1988 the following
      477 words
    • 453 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 SPRAYSAFE FIRE EQUIPMENT (S) PTE. LTD MEMBERS'VOLUNTARY LIQUIDATION [At an Extraordinary I General Meeting of th< Company convened am held on Thursday, 1 Sep tember 1988 at 11.00 a.m. at Spraysafe House, Cor ringham Road Industria Estate, Gainsborough Lincolnshire. DN2I IQB
      453 words
    • 162 22 IN THE MATTER OF THE COMAPNIES ACT. CAP 50 AND IN THE MATTER OF BEST HOUSING PTE LTD (MEMBERS VOLUNTARY WINDING UP) Notice is hereby given that the creditors of the abovenamed Company, which is being wound up voluntarily are required on or before the 26th September 1968. to send
      162 words



  • SHIPPING TIMES
    • 105 25 Reuter THE GREEK Port Employees Union. Omile, has cancelled a strike for the first week of September which would have affected eight major Greek ports A spokesman said the strike scheduled for Sep 1-7 was cancelled due to pressure inside Omile. but did not elaborate.
      Reuter  -  105 words
    • 368 25  -  By G DURAIRAJ THE MOVE by Kontena Nasional to increase haulage ra*es has drawn criticism from shipping agents and users Several agents contacted felt the higher rates cannot be justified in view of the low level of service offered by the haulier.
      368 words
    • 310 25 FT CARNIVAL Cruise Lines of Miami, the world's third biggest cruise company, looked virtually certain to take over Royal Admiral Cruises, the sector's second biggest operator. Mr Micky Arison, president, said Carnival had agreed to buy just under 70 per cent of
      FT  -  310 words
    • PORTSIDES
      • 109 25 Reuter CNW CORP will resume negotiations on a new contract with the United Transportation Union to resolve an impasse that caused a brief strike earlier this month until Congress imposed a cooling-off period to keep the Chicago-based railroad in full operation. CNW spokesman
        Reuter  -  109 words
      • 228 25 Reuter THE Australia-Northbound Shipping Conference said its currency adjustment factor (CAF) for the Australia East Asia section, covering the Philippines. Hongkong and Taiwan, will be altered to minus 5 52 per cent from minus 1.70 per cent, effective Oct 1. The CAF for Australia to Japan/Korea will
        Reuter  -  228 words
    • 1507 26 NYT IT IS A STEAMY summer day and hundreds of tourists swarm into the embarkation terminal at the port m Maimi At least six gleaming white cruise ships are lined up. bow to stern, ready to leave But the activity is most intense around
      NYT  -  1,507 words
    • 1054 26 AB S^pg v 5 ABC Contomer IX 1 Accord Shpg vi 3 AdriC* Shpg xh 2 Ahrenk»el liner X 4 Alltrons VII 3 AC Toepler XI 5 A me neon Tpt xi l 2 A»uo Service iv 2 3 Arrpw lines IX 5 As.an Ocean XI 4
      1,054 words
    • 372 27 Lloyd's List THE NEW YORK and New Jersey Port Authority is preparing to spend up to US$l 5 million in cash incentives to shippers over the next 16 months as part of an initiative aimed at boosting its share of mid-west cargoes Under a scheme
      Lloyd's List  -  372 words
    • 144 27 Seatrade Week JAPANESE conference lines in the trade to Japan are to send a second ship into Port Adelaide an event which the government hails as marking a new era of relations between the two countries The port authority estimates the extra
      Seatrade Week  -  144 words
    • 324 27  -  By KINGSLEY WOOD PACIFIC RIM ports must work together to minimise trade barriers for both importers and exporters, chairman of Melbourne Port Authority Peter Rocke told the Fourth Pan Pacific seminar He said Australian ports also had to look over the horizon and
      324 words
    • 343 27 Sep 6-9 Baltexpo '88. 4th international maritime exhibition, Gdansk, Poland. Sep 13-16 3rd International conference on stability and handling of liquid fuels. Institute of Petroleum conference, The Cavendish Conference Centre, 20 Duchess Mews, London Wl. Sep 15-16 Singapore International Bunkering Conference (SIBCON '88) will be held at Marina
      343 words
    • 1301 32 REPORTS of further Soviet time-charter business again provided the main talking point on the freight market on Wednesday, shipbrokers said Details emerged for the Soviet fixing on time-charter of the Apiliotis of 60.000 tonnes dw from the Continent for a South American round trip at U559,500 daily and
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    • 10372 32 AARHUS Ville de Me'cere CM D Afretfement Aug 3i Mae-sn Pans Mie s* une Sep 1 La Se«re TrioT Sept London Eapress Trio* Sap t(M) Eva' Ga'iand Eve'green Sap 3 M»ng P'opitiou# Vang Ming Sap 3 Chun Ma China Ocean Sap
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    • 1708 32 AT CONVENTIONAL WHARVES P «jng Pe'Q4 j4 02 09 1500 04 09 OflOC p SuTOffO a 02 C® OflOC: 04 09 OflOC Vessel Berth Arrival Departure ®ogo»ro5 IV B S*ong' >o J3 JO 02 09 0R3C 02 09 0b 3C 0209 2359 0509 230C KEPPEL WHARVES Bo'be'
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    • 126 34 Area/Port Viscosity Density Water CST at 50C G/ML at 15C Volume 0/0 Africa/Red Sea Jeddah 70/186 0.938/0.957 0.0/3.1 Durban 132/195 0.982/0.991 0.0/0.8 Arabian Gulf Ras Tartora 168/268 0.950/0.987 0.0/0.2 Bahrain 182/184 0.976/0.977 0.1/0.1 Europe Rotterdam 31/539 0.955/1.010 0.0/2.0 Hamburg 34/395 0.932/0.989 0.0/0.9 Le Havre 31/158 0.938/0.985
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    • 360 36 Ma nila Chronicle THE ASIAN Development Bank has agreed to provide technical assistance to the Philippines for a feeder ports project. The technical assistance grant of US$5OO,OOO will be financed from the Japan Special Fund, the ADB said in a press statement Feeder
      Ma nila Chronicle  -  360 words
    • 134 36 NEARLY 1,500 delegates from 50 countries are expected to attend Gastech 88, the largest LNG and LPG conference to be held this year. Participants attending the mammoth event, to be held in Kuala Lumpur from Oct 18-21, will hear presentations on virtually all
      134 words
  • Page 25 Advertisements
    • 744 25 <W TIMES STP Distributors Dedicated to C2"olity sefvice JAHOINE SHIPPING AGENCIES 200 Cantonment Raid #'2-05 Southpoiffl Smgapon 0206 Tel *****11 TeleißS ***** facsimile *****09 TERMINALCFS TH *****18 *****19. *****20 FOR CUSTOMER SERVICE INOUIRIES ANO BOOKINGS T« *****301 PESAU JAROINE SHIPPING AGENCIES SDN BHO PORT KEIANG Tel *****18 Tale. MA *****
      744 words
    • 138 25 Carnival goes on a spending spree, Page II rniui IT IS A STEAMY summer day and hundreds of tourists swarm into the embarkation terminal at the port in Maimi. At least six gleaming white cruise ships are lined up, bow to stern, ready to leave. But the activity is most
      138 words
    • 959 25 TIMES STP Distributors PulXi*fwr»9 Group LINE YOU ARE AHEAD WITH OUR ARRIVALS FM EUROPE EVERY MONDAY Voy Spor. om p WlllyM Kelanj This wee* M Rotterdam Oovng *,me CV 79 2300 HRS CFS 79 300 H«S M ROTTERDAM M TOKYO AXEL M ANDERS M LUNA M M PARIS This wee*
      959 words

  • Page 26 Advertisements
    • 587 26 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BENALDER BENAVON OSAKA BAY KASUGA MARU KAGA LARGS BAY ALSO ACCEPTING CARGO TO ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN COPENHAGEN. AARHUS. GOTHENBURG. MALMO HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT ROAM/ ANTWERP LE HAVRE VOY NO HAMBURG OSAKA BAY KASUGA MARU
      587 words
    • 17 26 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association
      17 words
    • 533 26 (S3 C S AV Corrpanta Sud Americana de Vapcres S A. Lmc f'.t 167? CARGO FOR PUNTA ARENAS TALCAHUAN0 (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Agents Singapore *****00 K Lumpur *****25/6/8. *****19. Bookings *****08 P Kelang *****18 POLISH OCEAN LINES*--Optorg Shipping Pie Ltd Tel *****44 p Kelang 3M7001 2
      533 words

  • Page 27 Advertisements
    • 1240 27 The Straits Steamship Group ll: > Mansfield Container Sgr Shipping Pte Ltd P&O Containers '"container service to uk/continentT) 10*00* EXPRESS BENALOCR MNAVON OSAKA SAT KASUGA MARU MCA LARGS BAT HONG KONG EXPRESS S pore P KlMf S ton H burg B m«*n Rdim L« Hj in PI aw aw an
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    • 665 27 APPOINTMENT mm m MFr WORLD-WIDE SHIPPING GROUP invites suitably qualified candidates to apply for the post of: TECHNICAL STAFF (Based in Hong Kong) The ideal candidate should be Marine Engineer aged between 25 to 35 years and have ready mobility in outport assignments to attend group vessels world-wide, if required.
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  • Page 28 Advertisements
    • 441 28 IISINOSE 1 MARITIME PTE LTD (d» ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN EKRAM IRAN BAYAN IRAN ELHAM Singapore 4/9 2nd Call 4/9 12/9 Loading (or BANDAR ABBAS BANDAR ABBAS BANDAR ABBAS KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: k 1/10 LAE. PMB. HRA OCEANIA EXPRESS V-20
      441 words
    • 948 28 ]t£ S LINE ULLV CONTAINERISED' SERVICE TO EUROPE VIA SUEZ Member of the Ace Cornortum fUUY CONTAINERISED TO FROM NOR'H AMERICA WfS! COASi BU LA OAK SEA 17 It 30/9 210 16? 279 179 »9 2,9 16.9 271 249 710 910 211 410 MO 1410 16/10 309 11/10 •FDR«IOTHER VESSEL
      948 words
    • 191 28 FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO BOMBAY KARACHI: ETA 10 9 20 9 AFGHANISTAN NEW SERVICE KABUL/HAIRATAN/TORGHUNDI 20/9 8/10 AUSTRALIA/ NEW ZEALAND SYDNEY, MELBOURNE FREMANTLE Also occcpting to Darwin AUCKLAND, WELLINGTON, LYTTLETON, DUNE DIN 4 NAPIER EUROPE HAMBURG, ROTTERDAM, BARCELONA FELIXSTOWE, LONDON, ANTWERP Alio occapfing to-. Scandinavian 4
      191 words
    • 1066 28 JmiFFINU IIMES, Friday, September 2, 1988 EVERGREEN r..ii rs. A Full Container Sen/ice Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ever govern 41 m 12/1 m is/i m 11 EVE* GARDEN 11/1 15/1 lt/1 1M iM a/» ever growth nn aw 221 241 2t/i io/i 3 EVER GRAND 241 27/1 211 101 1/10
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  • Page 29 Advertisements
    • 1056 29 ——i PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE VESSEL KOTA MELATI GOWA SEA GLORY KOTA MELATI KOTA EAGLE VOY SIN MO9 5/9 2958 10/9 ••02 11/9 Mll 1«/9 17SB 24/9 SBY SMG SIN 7/9
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    • 560 29 va BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT HAM B HAVEN ROAM HAVRE 22* 241 241 2*l 2*l 2*l 211 301 2111 410 410 110 *■10 1010 1010 12/10 1210 1410 1410 IS 10 1110 mo 10 10 15.10 1110 1110 lt.lo 20 10 23 10 25 10 »/10
      560 words
    • 657 29 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE SRIWIJAYA/24W8 OCEAN PRIMA/UWB KUTAI/15WB S PORE ANTWERP H BURG/ ROAM/ADAM BREMEN 5- 919 14/10 18/10 24-2619 26/10 29/10 30/9-3/10 26/10 31/10 Subject to Inducement Alto
      657 words
    • 386 29 BOUSTEAD SHIPPING AGENCIES PA-AN Vl29* HAKA V 348 BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon > pore P.Kelang Penang Bangkok BANK LINE SEMI-CONTAINFR SERVICE HLAvv Lin capability NORTHBOUND TO UKC SPORE RDAM HULL HMBG IVYBANK V22N 11/9 i 0 /10 15/10 12/10 MORAY BAN K *V6N
      386 words

  • Page 30 Advertisements
    • 773 30 K LINK KAWASAKI KISEN KAISHA, LTD. ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE N. AMERICA-ATLANTIC COAST VOY *INDO •PK/PNG SGP NYC HFX 15/10 19/10 22/10 26/10 29/10 2/11 5/11 9/11 NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP VOY LB 15 23/7 •PK/PNG 'INDO N. AMERICA PACIFIC SOUTH-WEST FEEDER
      773 words
    • 337 30 S pore Durban P Eliz C Town Accepting Containers Only UNITY 8209F OSAKA MARU 6141F VENTO 0703F HAYAKAWA MARU 6240F 22/9 239 3/10 12/10 25/9 25/9 8/10 14/10 CANOPUS 0502 C VAAL ***** Mil// tPJ 0 Eliz C Town Durban 10 8 12.8 24 8 26 8 27/1 30 8
      337 words
    • 712 30 TULSIDAS V 37 KALIDAS 39 tulsidas v a KALIDAS »4C AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore p pi 3' j Penang Loading tor Mother Vsl By rror' B» feeder is Sept 8 Sept 8 Sep' f'trr Metb Sf(M Adel 11 Oct 3 Oct 3 Oct frem Mdb S»dr
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    • 601 30 GOLDEN LINE GUAN GUAM SHIPPING (PTE) LTD 23 Tela* Ayer Street SINGAPORE 0104 TEL 5343W (10 LINES) Fai *****4 STRAITS/PERSIAN GULF SERVICE: Spore P Keiang Perung GOLDEN BEAR Cotarbo Ka'achi Dubai tit Sept GOLDEN HARVEST Cotombo Karachi Dubai ?8 79 Sept CHINA SERVICE BAI YUN SHAN Shanghai HsmKang 12/14 Sept
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    • 508 30 PHIU-OmCNT LIN€S PTC LTD pr—l HEAD OFFICE 13 ROBINSON ROAD «07-1? AFRO-ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FA* *****76 HTiETrrr'wzwTrwTri MOMBASA DARESSALAM ASSAB BEIRA TAMATAVE. P SUDAN REUNION TANGA P SUEZ L ATT ARIA BENGHAZI ALCIER TRIPOLI. ALEXANDRIA PORT SAID PIRAEUS CASABLANCA LIMMASOL VALETTA ADEN DJIBOUTI ft LCL
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  • Page 31 Advertisements
    • 981 31 NEPTUNE AGENCIES PTE LTD FE EU/AUST TP* SEA General Enquiries: Tel: *****77 Terminal CFS BOOKINGS 27*5743 *****42 *****22 *****43 *****19 *****1S NEPTUNE ORIENT LINES LTD A member of the ACE Consortium •EL !3 S r TW BRIDGE 44W 99) N DIAMOND 77*. (1M) lg 6 N CRYSTAL 47* (1 9„
      981 words
    • 578 31 FCIHEUNG-A SHIPPING Korean Flag Vessels d DIRECT SERVICE TO: P. KELANG, PENANG, KEELUNG, BUSAN, INCHON STRAITS/KOREA SERVICF WEF JUNE:1 1) BUSAN SINGAPORE 2) 10 DAYS SERVICE Vessel s Name ETD BS S PORE PKELAK No 8 Doram 807N 22<M 03 05f09 06 07W •Clor.aMMl 31D9 13 14 OS IS-ltftl A
      578 words
    • 846 31 rage 1 m 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 KELANG MESSRS HAI THONG SHIPPING 127 Penaig Street. P?na*ig. Malaysia M S
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  • Page 32 Advertisements
    • 319 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Lines) FAX *****39 *****76 TILEX RS ***** A B SSCMA RS ***** A 8 SSCAD DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -Vl* LA DMCA ACCEPTING CARGO FOR LIMASSOL, BEIRUT,
      319 words
    • 68 32 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN VESSEL Irwi COMPAGNIE MALGACHE DE NAVIGATION I IM»P«pMcir National Shipping I ma) INDIAN OCEAN/AFRICA REGULAR SEMI-CONTAINERISED SERVICE I VESSEL |S PORE IT ON I BE HINODE KISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE MIDDLE EAST REGULAR LINER VESSEL
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  • Page 33 Advertisements
    • 2173 33 r REGULAR EXPRESS FCL& LCL SERVICE DESTINATION BANGKOK PORT KELANG. PENANG HONG KONG KEELUNG KAOHSIUNG **********21 KARACHI. BOMBAY COLOMBO ETA SINGAPORE JARU BHUM 08N SIRI BHUM 382N PIYABHUM 146N j AKA BHUM 208N BUNGA BUTANG 476 I 519. 17/9, 19,*9. 28,9 5/9. 6/9, 12/9. 17/9. 19/ S. 21/9. 26.9. 28/9
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    • 240 33 TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 0 IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR MV SINDBAD 159 japan WEST BOUND SERVICE MV ALWASITTI ETA S PORE 15J9 LOADING FOR Jeddah. Aqaba. Baghdad THROUGH B/Ls to BAGHDAD UPON
      240 words

  • Page 34 Advertisements
    • 518 34 FINE-LINER SHIPPING PTE LTD 70 Shenton Way. 04 02C Carina House. S pore 0707 TEL: *****77 (8 Lines) TLX RS 22M1 FLINER FAX *****56 EUROPE SERVICE M I 1/10 I 3,10 I MO I IS 10 117/10 mt LLL ''LMIi ;.tv FAR EAST SERVICE i riy:PT "-i.lM'i --m i ,*3
      518 words
    • 752 34 ZIM FULL CONTAINER SERVICE accepting FCL LCL cargoej to USA East 1 West Coast Cambbcan.Eatt Canada HAITI Costa Rica. El Salvador Guatemala Honduras Venezuela Peru. Ecuador. Colombia via Miami TrinKUd. Barbados Antigua St Lucia. Montserrat. Cuayana via Kingston I-fI.y.IITTTISEJWW ■tiMTTITa'Ta AUSTRALIA CONTAINER SERVICE ACCEPT INC CARGO TO ADELAIDE VIA MELBOURNE
      752 words
    • 449 34 PBB| A COMPANIA PERUANA J 9> \SA DE VAPORES <5 K "PERUVIAN STATE LINE" J LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER jj PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON 4 i CPV THROUGH BILL OF LADING TO FINAL DESTINATION Z| A Peninf* p Kelang* Singapore 5| Q MANOLOEVERETT
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  • Page 35 Advertisements
    • 539 35 Seabtfcjgfe INTERCONTINENTAL LINES DESTINATIONS TORGHUNDI, HAIRATAN. KABUL. TEHRAN, DJULFA ft BAGHDAD ■a/lt. 1 1 I. YERMOSMKIN S. GOLUBKINA mm eastern block rnmz a WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM. RTM, L. HAVRE. ANT. GENOA. ARAHUS, STOCKHOLM, HEL. CPH. GOTBG. MARSEILLES, OLSO t ALL INLANO DESTINATIONS POINTS
      539 words
    • 262 35 Consolidation Service PAPUA NEW GUINEA SIN: 12/9, 16/9 PT MORESBY/LAE PACIFIC ISLANDS SIN: 8/9 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLAND SIN: 7/9 PORT LOUIS/REUNION TRANSTAINERS dela*as-vieljeux WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TTA Freight Pte Ltd Tel: *****55 TLX RS ***** *SA EO
      262 words
    • 485 35 TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE JENHOL V SON JENHOL V 81N JAKARTA JAKARTA DESTINATION BANGKOK PORT KELANG HONG KONG. CHINA PORTS KEELUNG. KAOHSIUNG MANILA BUSAN KOBE. TOKYO SYDNEY. MELBOURNE. ADELAIDE. BRISBANE ETA S PORE 10/9. 14/9 4/9 3/9. 8/9 4/9. 5/9. 11/9 8/9, 15/9 6/9
      485 words
    • 550 35 GLORY NAVIGATION GROUP I REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* C/SELATAN IXV-74 G/SELATAN VIII V-13 G SELATAN VI V S3 G/SELATAN IX V-7S TBN 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM
      550 words
    • 369 35 PTC CONTAINER LINES FCL/LCL SERVICE PTC GROUP General Agents: POH TIONG CHOON SHIPPING (PTE) LTD TEL: *****66 FAX: *****41 TLX: R*****6 (MEMBER OF THE PRESS GROUP) WEEKLY CONSOL SERVICE LCL/FCL U.S.A. (East West Coast all inland points) UK/EUROPE Continents (All Ports) ALSO ACCEPTING CARGO TO OTHER PORTS FOR BOOKINGS/ ENQUIRIES
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  • Page 36 Advertisements
    • 393 36 Hai Sun Hup Co (Pte) Ltd u 1 TEL *****06 (20 Lines, TLX RS ***** RS ***** l«y I \S I I KM \K I IMI K I II) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS M V SEKI MATSUYAMA V.71 ETA SINGAPORE 10/9 PORT KELANG 13/9 LOADING
      393 words
    • 186 36 CGM! FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/*IEXICO AND FRENCH WEST INDIES AND FRENCH WE! For Gulf Miami. Mobile. New Orleans. Houston lltti ico. Vera Cruz. Mtnco City Alto servine Halifax. Toronto. New York. Baltimore. Portsmouth, Norfolk. Savarmah/FRENCH W Indies Fort Oe France. Pwntre A. Pitre.
      186 words
    • 162 36 ULTIMATE FREIGHT SERVICES PTE LTD Tel: *****11 Tlx: ***** Fax: *****92 Weekly LCL acceptance to AUSTRALIA all ports NZ HK BANGKOK EUROPE USA CANADA all ports mcldg China incldg Laos all major ports Seattle. Portland, LA, SFO major ports Edmonton. Calgary.VCß Winnipeg, Saskatoon, TRT Montreal, Ottawa GPI REGULAR BULK SERVICE
      162 words
    • 942 36 /M WEEKLY FAR EAST/EUROPE CONTAINER SERVICE CALL US AT: P KELANG PENANG J BAHRU i P. GUOANG SINGAPORE 1 K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5. *****0, *****1 02-*****22 *****88 SINGAPORE lEHARVE HAMBURG GOTHENBURG 24 01 VlO I 03 10 TO EUROPE FEEDER B BUTANC 475 8 BUTANC 477
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  • Page 36 Miscellaneous
    • 175 36 Weather -vr*o4- i 2% fi? r. S\* m m Wt m m -<d P Wa I .f 2 is a E A Ar H Si E ifSK s> w K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Sep 2, 1988 LEGEND: R Thunderstorm Temperature °C y Shower Weather Wind
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