The Business Times, 10 January 1989

Total Pages: 32
1 32 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, JANUARY 10, 1989 75 CENTS
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  • 242 1 Dow Jones up WALL STREET stocks edged higher in early trading yesterday following gains last week and a lower-than-expected budget deficit proposal for 1990, brokers said. The Dow 30 was up three at 2198. Trading was moderate. Reuter Footsie up SHARE prices were sharply higher on the
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  • 579 1  -  By CORRINA LIM THE SUSPENSION of trading in Apollo Enterprises shares yesterday, pending an announcement, has sparked off speculation that a takeover bid for the company is imminent. Market talk has it that the Samta group, which owns the Furama Hotel
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  • 619 1  -  Highest daily gain in more than four months By MICHELLE OH THE SINGAPORE STOCK market embarked on its much-anticipat-ed Chinese New Year rally in earnest yesterday. After having wavered for a week since the year started, share prices soared across a broad front yesterday in tandem
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  • 91 1 THE US DOLLAR strengthened against the West German mark in early European trading yesterday after staging a New Year's rally last week. In less than two hours of trading in London, the greenback broke several resistance points, around 1.82 West German marks and 1.8250 marks. It
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  • 219 1 Reuter PRESIDENT Reagan yesterday propoeed a US$l.l5 trillion fiscal 1990 budget for the US that would increase spending for defence and some domestic programmes while reducing the deficit without raising taxes. The proposal provides for government revenues of US$l.O6 trillion,
    Reuter  -  219 words
  • 105 1 Reuter JAPANESE Foreign Minister Soeuke Uno will visit the Soviet Union in the first hslf of Msy. Tass news agency said yesterday that the visit was agreed on during talka in Paris between Mr Uno and Soviet Foreign Minister Eduard Shevardnadze. Both men are attending a
    Reuter  -  105 words
  • 378 1 Agencies VIETNAMESE Foreign Minister Nguyen Co Thach said in Hanoi yesterday that he expected a settlement of the Cambodia problem by September. Mr Co Thach said after two hours of talks with visiting Thai Foreign Minister Siddhi Savetsila that both sides were satisfied. "Both
    Agencies  -  378 words
  • 134 1 AFP PRESIDENT SUHARTO does not object to Vietnam joining Asean, a senior military official said in Jakarta yesterday. "Mr Suharto did not object to the idea as long as it was in line with the practices and principles agreed by Asean,'' National Defence Council
    AFP  -  134 words
  • 513 1  -  By ANNA TEO WITH their basic needs taken care of, Singaporeans can now go on to cultural and artistic pursuits, and generally enjoy "meaningful, fulfilling lives", said President Wee Kim Wee at the opening of the Seventh Parliament yesterday. To improve the
    513 words
  • Page 1 Advertisements
    • 63 1 Nikon The World's Finest Photographic System. jJIIIUU cstuiie THE NEW DISTANCE BALL 432 man 1 w* r> w 3 PRBCFPT "TkthnkaMy Suptrior GoH Prodv<h' Fully conforms to MA antIUSGA rulings Bridgestone, one of the world s largest golf ball manufacturers with more than 50 years experience, introduces PRECEPT, the New
      63 words
    • 271 1 m+ BT Top 100 companies SHAREHOLDERS of Singapore's TOP 100 companies are getting better returns for their investments, going by BT's latest ranking of the Top 100 based on shareholders' funds as at Dec 30, 1988. Find out which company has the highest/lowest ROEs, which are the new entrants and
      271 words
    • 101 1 r""" Nikon The World s Finest Photographic System Full text of Protld»wl Wm'i apooch, PAGE 2 Mora atortoo. PAGE 3 rr^ ik\ i CC t M J Increase productivity with Brother laser and computer printers, word processors,electronic typewriters and Visit our Middle Road Showroom or call 743-8000. Brother Business Mochines
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  • HOME NEWS
    • 2233 2 OPENING OF THE SEVENTH PARLIAMENT At the opening of the Seventh Parliament yesterday, President Wee Kim Wee outlined the various goals and tasks facing the government in the years ahead. The text of his speech is published here in full. MY GOVERNMENT'S
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    • 601 3 OPENING OF THE SEVENTH PARLIAMENT PARLIAMENT yesterday paid tribute to its former Speaker, Or Yeoh Ghim Seng, said to be the longest-serving Speaker of any parliament in the world. Dr Yeoh's record he was elected and re-elected five times as Speaker over the last 19
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    • 337 3 LAWYER Francis Seow Tiang Siew had ceased to be a NonConstituency Member of Parliament (NCMP) since Dec 17 last year, the new Parliament was told yesterday. It followed his convictions on five charges of tax evasion on Dec 17 and Dec 20 for which he
      337 words
    • 265 3 OPPOSITION politician Chiam See Tong's complaint against Law and Home Affairs Minister S Jayakumar for alleged contempt of Parliament has been dismissed as "misconceived and without any merit at all". In a letter of reply to Mr Chiam, the Clerk of Parliament said that
      265 words
    • 318 3 TWO NEW MEASURES to speed up movement of cargo through both Changi Airport and seaports have been introduced by the Customs and Excise Department. From yesterday, shipping lines and traders were freed of the hassle of filling in the pink Customs
      318 words
  • Page 2 Advertisements
    • 195 2 <1 YOU CAN'T OUTGROW IT Now here's a car that meets the growing needs of a growing family. Not like any other car or station wagon, the Mitsubishi Space Wagon sits seven adults, in three rows of luxury and comfort. Both rear seats adjust every which way to give incredible
      195 words

  • Page 3 Advertisements
    • 70 3 3 1 a family a M*®* 1 I get-togeth« < afoo d Garden 8 occasion, jack s^ ete ßvalue 1 I SeafoodDia?^f^ I l\\ Sauted Cnspy^^b BBQ/SteanjedL WW Steamed Beancurd>^M^ rfsh I WW rhinese set Lunch II SEAFOOD GARDEN 336, RfverVaßey Road #01-01, AA Centre. Swore 0923 Tek *****36/*****22. Open
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    • 204 3 lb decide which cellular phone is the best, try A That way, you'll discover one of the most important reasons why more people choose Motorola than any other cellular phone. Rugged durability. Its tough, impact-resistant design is thoroughly tested to withstand the most severe exposure to shock, dust, heat or
      204 words

  • ASIA – PACIFIC
    • 519 4 Asian and European makers in US seek to offset rising costs Reuter JAPANESE, Asian and European consumer electronics makers are trying to boost prices in the US in an effort to offset rising costs and sluggish growth in sales. At an industry trade show
      Reuter  -  519 words
    • 315 4 AFP THE PHILIPPINES is ready to implement projects under a proposed US$lO billion aid plan to revitalise the country's economy. President Corazon Aquino said yesterday. The plan, known as the "Mini-Marshall Plan", was proposed by US legislators to raise up to US$lO billion
      AFP  -  315 words
    • 95 4 AFP THE PHILIPPINES' foreignbased workforce remitted US$56B million in earnings to the country from January to August last year, President Corazon Aquino said on Sunday. She said in her weekly talk show on government radio that 318,652 Filipinos were working abroad during the period. Hundreds of
      AFP  -  95 words
    • 162 4 Reuter INDONESIA, trying to reduce dependency on oil exports, stresses agricultural growth in its Five-Year Plan starting April 1 this year. The first annual budget of the plan, announced by President Suharto on Saturday, earmarks 1,994 billion rupiah for agriculture and irrigation in 1968/90.
      Reuter  -  162 words
    • 366 4 UPI EMPEROR AKIHITO, who succeeded the late Emperor Hirohito as Japan s figurehead ruler, set the tone for a new, more liberal Imperial era yesterday, telling the nation he would defend the post-war constitution. "I pledge myself to
      UPI  -  366 words
    • 178 4 AFP INDONESIA'S current account deficit is expected to reach U552.44 billion in the fiscal year starting April 1, according a government report. The draft state budget for fiscal 1969-90, released last Saturday, said this compared with an estimated deficit of US$l.94 billion in 1968-69 The
      AFP  -  178 words
    • 260 4 Bernama FORMER MALAYSIAN Prime Minister Tunku Abdul Rahman yesterday said the fate of the Umno splinter group's struggle to revive the "Spirit of 46" (old Umno) lies in the hands of the Ampang Jaya electorate. "The (coming) by-elec-tion will be a test
      Bernama  -  260 words
    • 1024 4 ARRIVALS Operator S*rvk» Local From numb*r ML J1617 0305 TYO FTl FT75 0315 ATL/DfW/OtO/ ANC/NRT/ MNL/TPE ALK UL455 0323 TYO CAl C3333 0405 tpe QAL QF717 0445 PH SEY HM601 0700 SEZ su SQ417 0810 DXS/KHI MAS MH640 0820 KUL SVA SV398 0835 JED/RUH MAS MH60J 0900
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  • Page 4 Advertisements
    • 108 4 W' *r m SA'v '•"•A A N >: 3N? *T S& A >' s In spite of its famous reputation and a clientele list that reads like a page out of Who's Who", Chanrai's suits and men's accessories have remained pleasantly affordable 1 Affordable Cut Chanrai. For over 50 years,
      108 words
    • 58 4 FI Y ll If ll\ l» I The business person's choice, every I I II 111 I Tuesday. Thursday. Saturday'and 1 I| Mi \l I 1 f Sunday. Leaving Chonyi Airport at X JL 22.05 hours and arriving at Lester E Pearson International Airpo.t the following day Call your Travel
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  • Page 4 Miscellaneous
    • 44 4 THB GLAMOUR. OF TH£ SHAPBP AUVemURB SURS IS WEARING OFF IN A HURRY. IHIS MKT IS SeRJOUSLX BORING /jZ-> m BY GARRY TRUDEAU UJHAT IS IT NOW, KJP?„ KJPIUM MHYPONT UNJUST VO&NrTHIS CALLHSR CHILPHAVZ *KIP*? A NAME* X n u m L $£2 K
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  • REST OF THE WORLD
    • 255 5 IHT US SECRETARY of State George Shultz reacted to the Soviet announcement that Moscow would begin destroying its stockpile of chemical weapons this year by saying that the US "already is proceeding with a programme" of destroying its older chemical arms. Mr Shultz also said that
      IHT  -  255 words
    • 170 5 AFP LIBYA is willing to authorise a UN-sponsored inspection of a chemical plant that the US alleges is under construction for the manufacture of poison gas. Ali Treiki, Libya's Ambassador to the United Nations, said on ABC's "This Week with Oavid Brinkley" on Sunday
      AFP  -  170 words
    • 295 5 UPI THE FIRST 450 Cuban troops will leave Angola today in a goodwill gesture designed to show compliance with a US-brokered peace plan for Angola and Namibia. Cuban military spokeswoman Kurina Cabalo said in Luanda on Sunday that the contingent will include representatives from all branches
      UPI  -  295 words
    • 105 5 Reuter SOVIET FOREIGN Minister Eduard Shevardnadze said that Moscow would look into American allegations that Libya had built a chemical weapons plant, US Secretary of State George Shultz said. Mr Shultz broached the subject at a meeting at the Soviet ambassador's residence
      Reuter  -  105 words
    • 366 5 Reuter THE EUROPEAN COMMUNITY this year will have its fastest economic growth for 12 years with the creation of 1.6 million new jobs. Mr Jacques Delors, president of the EC Executive Commission, said at a joint news conference with Spanish Prime Minister Felipe
      Reuter  -  366 words
  • Page 5 Advertisements
    • 267 5 Good ideas keep coming up Get all the performance of a desktop wherever business takesyou. 640 x 200 pixels for CGA graphics. Screen adjustable from 0* to 180* for widest possible viewing angle mhi *V-. High -speed 20MB hard disk ptus a 3J5" 720K8 floppy disk drive. Increased data storage
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  • Page 5 Miscellaneous
    • 183 5 Max/ Note Mln (°C) 23/15 Haz* 10/08 Cloudy 08/01 Cl*ar 18/11 Cl*or 33/23 Cl*ar 29/15 Cl*or 02-05 Cl*or 14/06 Sunny 02-05 Cloudy 05/03 Rain 21/18 Cl*ar 11 /08 Showers 29/20 Fin* 11/06 Rain -4-5 Cloudy > 36/23 Rain 16/07 Cloudy unov 31/15 Fin* 24/15 Cloudy 14/01 Cloudy 03/02 Roln 32/25
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  • TECHNOLOGY
    • 730 6 mmm- By Allan Papkin UPI IF YOU ARE a salesperson or make a list of phone calls or even have need to keep a large list of names and addresses, there is a new program that might warrant a look. It is Contactmate, from Practical Software,
      By Allan & Papkin; UPI  -  730 words
    • 251 6 THE SINGAPORE Polytechynic and the Singapore Institute of Standards and Industrial Research (Sisir) will sign a joint venture agreement today. The agreement, to take place at the polytechnic's Staff Centre, will formalise arrangement between the two bodies on joint projects
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    • 826 6 Compiled by LEE HAN SHIH NYT WHEN ttie new high-temperature superconductors were discovered two years ago, they inspired visions of revolutionary products trains that float above their tracks, supercomputers the size of grapefruits and perfectly efficient electric power lines. But a report issued
      NYT  -  826 words
    • 327 6 Reuter DIGITAL EQUIPMENT Corp will announce several personal computers and workstations today, including a long-awaited highend workstation using a chip developed by MIPS Computer Inc, a company spokesman said. The announcement will mark a new stage in Digital's desktop strategy, long the
      Reuter  -  327 words
    • 407 6 UPI WHILE Buick and Cadillac have been busy adding inches back on their Riviera and Eldorado luxury coupes to rekindle sales, Oldsmobile has been cramming the latest in high-tech wizardry into its Toronado. A 1989 Toronado Trofeo coupe, the flagship of the front-drive Toronado line,
      UPI  -  407 words
    • 171 6 THE NANYANG Technological Institute is organising a five-day executive programme on technology management in conjunction with the MIT Club of Singapore. The programme will be held from Jan 16 at the Shangri-La Hotel. It will be conducted by two professors of the Massachusetts Institute
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    • 149 6 NYT IN A sweeping new move to tighten security at US airports, the government has ordered that computer card systems be installed at the busiest terminals by early 1991 to keep people who might threaten airline safety from reaching restricted areas. A total of 270
      NYT  -  149 words
  • Page 6 Advertisements
    • 417 6 ADVERTISEMENT More of 'Singapore' In Singapore Business rn M n r I IA I SINGAPORE LK-r m SPOTLIGHT ON WEARNES AND SPH Singapore Business regularly takes on in-depth look at companies listed on the Stock Exchange of Singapore. This month s spotlight focuses on Weame Brothers Ltd, adiversified. cash-rich group
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  • Page 7 Advertisements
    • 406 7 A lightweight not to be taken lightly Introducing the new COMPAQ SLT/286. The first PC that puts true desktop performance on your lap. T'lfrf 2f jff st ksifci- Compaq introduces the first laptop to deliver the full performance of a desktop on battery power. Weighing in at just 14 lb.,
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  • 181 8 Indicates the average of uif prim* lending raxes or 12 ma|or banks In B'pore Interbank market rates (offer/bid) on Jan 9 us$ DM SWFC Y*n 7 6ayt 1/4 1/« is i/i« ia is/i* 3 7/1* 3/1* s I/a 3/« 4 1/1* 3 13/1* 1 1/4 is i/i*—
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  • 1177 8 SINGAPORE: After the initial US dollar sell-off in Austral lay New Zealand trading, the greenback consolidated in fairly subdued Far Esst trading yesterday. However, in early European trading, the US dollar was well-bidded and once the technical support of Dmark 1.6180, sterling 1.7750 and yen 126.30 was broken,
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  • 210 8 ASIAN DOLLAR deposit rates finished at opening levels in quiet trade yesterday. us$ <*FW M> 7 doyi 9 1/4 9 1/8 1 Hon* 9 5/14 9 3/14 3 muiHh i 9 3/8 9 1/4 3 —h i 9 7/16 9 5/14 6 mm oh
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  • 465 8 BA Futures MARCH Eurodollar futures opened unchanged yesterday from the previous Simex close but one tick higher than last Friday's Chicago closing level at 90.42. A 279.000 gain in December US non-farm payroll was within expectation but November's downward revision from 463,000 to 404,000 buoyed market. After opening at
    BA Futures  -  465 words
  • 303 8 IMM foreign currency futures ended sharply lower and in the bottom half of daily ranges after comments by a Bundesbank official sparked selling on Friday. Bundesbank vice-presi-dent Helmut Schlesinger said he saw no signs of immediate dollar weakness and that recent dollar sales by the West German central bank
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  • 64 8 THE OVERNIGHT rate on the Singapore money market fell 1/16 point to close at 5-5/16 per cent yesterday. One month rose 1/16 point, while two and three month rates remained unchanged. S$ lot •rbonk rata at ttw dos« y»«t»fdayi OWB MO Ow"V* 9 J/14 9 VI* 3 1/4
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  • 108 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO Ofret HKX LOW 3 inool+w SQ*****S 06.04.89 3.79 3.74 3.78 378 0 fnOflim 1 yeor 8Y*****H 23.11.89 4.21 4.16 4.19 4.19 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate BIO OffM HKJH
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  • 1330 8 CURRENCY FUTURES OPTIONS Monday, Jan 9, 1988 xirrsc iHEMARK (SIOOEX) Mb 44 MM Mfh lM urn P«4 00 puM Hlgd LOT 1 Ml a IS 448 3 59 51 52 54 55 54 57 59 Mar M* 133 •4 Ml) LPW 103A 595A 32A 11A 0«a 103 54 30
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  • Page 8 Advertisements

  • BANKING AND FINANCE
    • 585 9  -  by PAUL FRANKLAND Paui Frankland Is the Singapore branch manager ot Commercial Union Aaauranca, one ot the Republic's largest Inaur-management-commhtee mambar ot Singapore's General bh AUMMM mmrkfimiitin lil* fviffiiw Meew#«UvvJ. rrfV rWIrl do not neceesartiy reflect thoee ot Commercial Union or of Mia YOU HAVE your Medisave
      585 words
    • 494 9 NST BANK NEGARA Malaysia is expected to seek the High Court's approval this week to proceed with the Oriental Bank Bhd's capital restructuring exercise. The approval from the High Court would enable the central bank to implement the restructuring plan drawn
      NST  -  494 words
    • 158 9 AP THE TAIWAN DOLLAR hit a record high of 27.87 against the US dollar yesterday and traders said the surge was linked to upcoming exchange rate talks between the two countries. The Taiwan currency climbed from Saturday's close of 28.03 in
      AP  -  158 words
    • 214 9 Reuter INTERNATIONAL BANK lending continued to stagnate in the first half of 1988, the Bank for International Settlements (BIS) said in a report. There was an increase in lending by banks in the BIS reporting area to developed countries and eastern
      Reuter  -  214 words
    • 105 9 AFP THE BRAZILIAN government will create a new currency called the "new cruzado", when it announces a programme of economic measures later this month, a top Brazilian official said on Sunday. The "new cruzado" will be worth 1,000 of the old cruzadoe, said Rolando
      AFP  -  105 words
    • 424 9  -  By SOH TIANG KENG THE SINGAPORE International Monetary Exchange plans to shift its home from the World Trade Centre to OUB Centre in Raffles Place by October. It will take over the existing trading floor of the Stock Exchange of Singapore (SES), according to a
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    • 347 9 Reuter THE CHAIRMAN of Lloyd s of London, Mr Murray Lawrence, does not believe the fall in Lloyd's active underwriting members will be a problem for the insurance body. In an interview with Channel Four television he said: "I think these figures have to
      Reuter  -  347 words
    • 146 9 JAPAN'S SANYO Securities, which announced the opening of a representative office in Singapore yesterday, plans to upgrade it to a merchant bank next year. The office, which is headed by the chief representative K Shirahige, will basically collect data on stocks and bonds and make
      146 words
  • Page 9 Advertisements
    • 296 9 An Ancient Practice. f. 4 A,- m i: ■vvf-lli v" > "V wiii -A*' v>" ;v >2 r* j •t &1&M .i v' A Made Perfect. Wl V 4JJ 7 Swoa Made. Sw«a Quartz Movamem. 10 Mcrocv Ptating m Rodtum (White Gold). Yaftow Gotd. Or Yafcwv Gold And Rodfum Dlafc
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  • COMMODITIES
    • 552 10  -  By DEXTER LEE SINGAPORE'S rubber exports during the first 11 months last year totalled 875,965 tonnes, representing an increase of about 20 per cent over the same period in 1987. Latest figures from the Department of Statistics show that the growth was contributed
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    • 318 10 Bernama INDONESIA has lowered its aviation fuel prices for international flights by 16 to 19 per cent partly to improve the competitiveness of national flag-carrier Garuda Airlines, the state oil company Pertamina said last week. Domestic fuel supplies director
      Bernama  -  318 words
    • 500 10 Bernama THE KUALA LUMPUR Commodity Exchange (KLCE), which chalked up an 81.8 per cent rise in volume last year, has projected a further growth of 35 per cent this year. Chief executive Syed Abdul Jabbar Shahabudin said a few other contracts were also
      Bernama  -  500 words
    • 281 10 RAS prices m s cmmo, fob in b* w NOON CLOSE Buy on Sflttn Bvyors Sellers Int 1 RSS Prompt 210^50 211.50N 209JO ***** Int 1 RSS Fob 89 211.50 ***** ***** 211J0 Int 1 RSS Mor 212.50 213.50N 211 JO 212.50 Int 2 RSS OP 203.50
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    • 79 10 (<*nt»/kg) FEMUA*Y 1909 MARCH 1989 (currant month) (forwat ■d month) RAS NOON NOON lcy®n Stltn S» 20 192.00 ***** ***** 194.00 SSI 50 190 00 19X00 190.00 ***** rAiuv. I luy*ri S SMI CV 300.00 *****N wywi 310.00 S#M#n 312.00N SMI I 305 50 307JON 307JO 309JON
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    • 164 10 Telerate FUEL OIL prices were little changed from last week's levels. Sentiments however remained mixed and traders kept to the sidelines yesterday. Limited support was seen in the medium term for prices of second half January CST-180 cargoes due to ample supplies in Singapore. A prompt
      Telerate  -  164 words
    • 193 10 Chinese Produce Oodng pricM an ion 9 Exchange Coconut oil (MS/100kg) S#lt#TO noon p trice* an New drum 173.00 Jon 9 (SS/100 kg) 2nd hand drum 167.00 Coconut oil Buft Local In bu>i 156.00 155.00 M FOB OM drum KM 113.00 123.00 Copra (Mi/iootg) New drum FOB 127.00
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    • 256 10 SINGAPORE: Rubber prices ended slightly higher with February 1 RSS buyer quoted at 210.50 cents s kg yesterday. Prices gained 1.50 cents in quiet morning trade on some short-covering in line with higher Jspsnese prices. But vslues eased slightly in the sfternoon due to lack of fresh interest. On
      256 words
    • 336 10 MALAYSIAN cnKta palm oil Mures moved within a narrow range before ending slightly easier on the KLCE yesterday. Dealers said operators were sidelined awaiting December's palm oil production figure which was expected to decline 10 per cent from November's output. They added that the higher Chicago Board of
      336 words
    • 389 10 HONGKONG: Gold closed easier in moderate trade yesterday following sell orders from local investors during the afternoon session. The metal was influenced by the US dollar's rise against the local unit which pushed the price to the day's closing low. Bullion ended at U*****.20/70 an ounce against an
      389 words
    • 190 10 WEEKEND accumulation pressured tha Kuala Lumpur Tin Martial prica two cants kmar to M 319.97 a kg at the cloaa yeeterday. pwmen are oitpoiinQ In anticipation that tha laval will hit tha Ms2o mark today," a daalar wld yaatarday. However, Europaan, Japanaaa and local buying waa only evident
      190 words
    • 344 10 Reuter MITSUI and Co Ltd and Mitsubishi Corp will participate in separate projects to build export petroleum refineries in Indonesia, spokesmen for the two companies said. Indonesia plans to become a major exporter of oil products when two new refineries are
      Reuter  -  344 words
    • 472 10 AFP COUNCIL MEMBERS of the Association of Tin Producing Countries meeting in Kuala Lumpur today face the difficult task of allotting export quotas for a third and crucial year, industry sources said. Malaysian miners said that restraint by the seven-member
      AFP  -  472 words
    • 391 10 Reuter CHINA'S grain needs after a poor 1988 harvest will probably bring it back into the market to buy more European Community soft wheat this season, European grain trade sources have said. Following hefty sales of nearly seven million tonnes of US
      Reuter  -  391 words
  • Page 10 Advertisements
    • 47 10 4" Spectator* in Fme Hand-knotled Carpets i{• -iiiiifii Auction Sale Wednesday. January 11,1989 Grand Ballroom Hilton International Singapore Viewing cocktails: 4pm 7pm Auction Sale: 7pm 8.30pm Auctioneers: Cheong Koong Seng (CKS) Auctioneers ft Valuers Pte Ltd •1% Showroom: #03-28 Raffles City Shopping Centre Tel: 338 8135/338 8468
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  • Page 11 Advertisements
    • 631 11 Advertisement BUSINESS OPPORTUNITIES The Hainan Provincial Machinery Industry Corporation People's Republic of China The Hainan Provincial Machinery Industry Corporation is a provincial enterprise with a combination of industry and trade in public ownership. The corporation has three offices and seven departments, and administers a research institute, a school, three factories
      631 words

  • PERSPECTIVE
    • 529 12 BUSINESS TIMES TUESDAY, JANUARY 10, 1989 NOT LONG after he told the UN that Soviet troop strength would be cut by 10 per cent, President Mikhail Gorbachev announced last week that the Soviet Union may have to prune its military spending in order to
      529 words
    • 1058 12  - On all fronts Dumping charges filed by US electronics company By STEVE USDIN JAPANESE COMPANIES are using operations in Singapore and other countries as fronts to illegally dump television sets on the US market, according to a complaint filed by Zenith Electronics Corporation with the US Department of Commerce in
      1,058 words
    • 569 12 Foreign parties to the Kampuchean conflict appear close to a diplomatic settlement but the fight for who will rule the Indochlnese state is still far from over. Reuter SEVERAL ENVOYS in Bangkok have described as significant an offer by Hanoi to bring home
      Reuter  -  569 words
  • Page 12 Advertisements
    • 123 12 IF IT DOESN'T INTEREST YOU. IT'S NOT OUR BUSINESS. crisis in Thp nf Unlike other international magazines. Singapore Business is the only magazine written for yvu. the Singapore executive, in mind. In fact, we make it our business that only relevant issues get discussed. Because if it's irrelevant to you,
      123 words

  • PERSPECTIVE
    • 568 13 THE WAY TO MAKE a couple of billion dollars in Singapore is to sell rubber and lend money. And one other thing which none of us can do now get started more than 50 years ago. The families of two Singaporeans who did just
      568 words
  • 1427 13  -  Two Singapore families were last year ranked among the world's wealthiest, with assets estimated at over US$l billion. RICHARD SEAH compares the two and profiles the Lee family of Lee Rubber. Tomorrow, he profiles the Kwek family of Hong Leong. RICHARD SEAH THE LAST, and
    1,427 words
  • REGIONAL VIEWPOINTS
    • 240 13 Our weekly summary of what regional publications have to say about issues of International Interest WORLD TRADE "ASIA'S exporters should be wary of the growing readiness of major importing nations to accuse them of seeking unfair trading advantages through the practice known as 'dumping*. "Some export
      240 words
    • 283 13 "A TRADE SKIRMISH has broken out between two giants the United States and the European Economic Community and unless good sense prevails it could break out into a worldwide protectionist war with dire consequences not just for the two parties involved but for the entire
      283 words
    • 199 13 THAILAND "THE NEW YEAR has opened on an optimistic note with the Vietnamese premier, Do Muoi, renewing his invitation for Prime Minister Chatichai Choonhavan to visit Hanoi and predicting a period of "peace, stability, friendship and cooperation". "While this country should maintain a cautious
      199 words
    • 131 13 INDIA-PAKISTAN "IN 1972, Indian Prime Minister Indira Gandhi and Pakistani Prime Minister Zulfikar Ali Bhutto signed the Simla agreement, the last major pact between the two countries. In the intervening 18 years, relations between the two countries have been frosty. "Now their children, Prime Ministers Rajiv Gandhi
      131 words
    • 116 13 CHINA "THE MODERNISATION of China can only succeed if political development also keeps pace with economic and social change. By opening a third of the coveted State Council seats to non-communist party members, as a senior Chinese official was reported as suggesting China can move faster towards a
      116 words
  • Page 13 Advertisements
    • 86 13 f 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,
      86 words
  • Page 13 Miscellaneous

  • LEISURE
    • 623 14 BROADWAY UPI THE MORIBUND 1988-89 Broadway season, with only one new hit to its credit, will get a chance to revive during its final five months with the opening of several much-touted shows. Since the season opened last summer, nine shows opened and five
      UPI  -  623 words
    • 1124 15 MEDIA NYT WALTER CRONKITE had always been more comfortable delivering the news than making it. But something was gnawing at him, and when the opportunity arose one evening not long after George Bush was elected President of the United States, Cronkite made a speech
      NYT  -  1,124 words
  • Page 14 Advertisements
    • 308 14 HARVEY Si Where to entertain. ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES, PALM tqf tin For between $26++ and $40+ y° u can select from our appetiser vjKll.L buffet including seafood, smoked salmon and oysters. Choose from
      308 words
    • 214 14 Try Something Malavsian Stvle "HIGH TEA" From three to six every afternoon your choice of 15 Buffet spread of delicious Kuch Lapis. Kueh Dadah. Mee Siam, Kueh Kuchee. Agar Agar Gundil, Bubor Hitam, Gula Melaka and many more. Unlimited servings Tune: 3.00—6.(f1pm Venue: Dondang Sayang (JTnn Sent HOkw rcscrvjtwi I.Tanghn
      214 words
    • 250 14 Salutes the Ladies Chinoiserie salutes the 'fairer sex' every Tuesday Night. Ladies it's your night out, for fun, and great times. Cover charge is exempted for all females, so guys, tonight's the night to spoil your gals. Hyatt regency^Singapore 10-12 SCOnS ROAD. SINGAPORE 0922 TEL: *****88 TELEX: RS ***** TELEFAX:
      250 words
    • 197 14 Cafe txtooonbruare p fii2es FCK VKky 2'31 TAUt* Plaza Hotel 24 -hr CoffecXHousc,/ (Level 5) Where the service is good, the ambience great, the food simply marvelous 1 An experience you'll not forget A choice of local, western or Indonesian set lunch daily at reasonable pnces Every Saturday of January.
      197 words
    • 225 14 M J J* rsi>n K *3*l i :xj" VZH piiiiTr l <r Be thrilled by the romantic sights, sounds and flavours of Rome, Florence, Milan... served up on our lavish buffet tables. Sample Lasagne Verdi, Spaghetti Alle Vongole, Torta Siciliana, Strawberries in Marsala Wine... mamma mia! There are over 60
      225 words

  • Page 15 Advertisements
    • 255 15 1 S9 Wk > l i So much to choose for only $21.50 A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection, superb pastries, truffles, fortes...cheese board, fresh fruit, freshly brewed coffee All for $21.50 And for $27.50 you can add a roast
      255 words
    • 31 15 The 'Creme dela creme' of Sherries Harvcys Bristol Cream Sherry. Famous the world over for its rich, sweet and mellow flavour. Especially refreshing served chilled or with ice, for all occasions.
      31 words
  • Page 15 Miscellaneous
    • 675 15 mmmrn 9 CRYPTIC PUZZLE ACROSS 3 Assign everybody pari of the loot (5) 8 Where there's art in arranging loans? (5) 10 Canny fellow? (5) 11 Victor height (3) 12 Walker makes a high-sounding start (5) 13 Hurt a twisted little man (7) 15 Send back a timer (5) 18
      675 words
    • 1311 15 tfo tSGJD aaoQii) Passing flavour or fixture? OUR CHOICE POP CLUB: Terence Trent D'Arby, Channel 5, Bpm He tries to act sexy like Prince and Jacko, but if his sex appeal doesn't appeal, his voice seems too, and D'Arby has been touted as the hottest new talent to emerge in
      1,311 words

  • SPORTS
    • 433 16 AMERICAN FOOTBALL UPI THE BUFFALO BILLS lost their poise. The Cincinnati Bengals found their defence. This lost-and-found story ended with the Bengals winning the AFC title game 21-10 at home last Sunday to reach the Super Bowl. Cincinnati started six drives from
      UPI  -  433 words
    • 401 16 AFP THE CHICAGO BEARS got the bone-chilling weather they wanted last Sunday, but the San Francisco 49ers got their way on the football field as they beat the Bears 28-3 and advanced to their third Super Bowl appearance of the decade. The 49ers will
      AFP  -  401 words
    • 426 16  -  YACHTING By CHARLES SAVAGE NG SER MIANG, the new president of the Singapore Yachting Association, hopes to further develop both the keel boat and dinghy classes of marine sports during his term of office. Speaking last Sunday before the start of the Tatler/ Cartier yacht
      426 words
    • 556 16 BASKETBALL AP "HOME SWEET HOME" is an adage the New York Knicks and the Los Angeles Lakers can really get into. In the only NBA games last Sunday, the Knicks walloped the Los Angeles Clippers 134-100 for their 11th straight win at Madison Square
      AP  -  556 words
    • 347 16 SKIING AP VRENI SCHNEIDER last Sunday won a World Cup slalom race for her third victory in as many days and her ninth in the season. The 24-year-old Swiss skier took advantage of another competitor's misfortune. American veteran Tamara McKinney, who led
      AP  -  347 words
    • 164 16 UPI MARTIN HANGLE "risked everything" on the foggy of Fatschas course in Laax, Switzerland, last Sunday to capture a men's alpine World Ski Cup super-giant slalom. Hangl, 26. saved face for Switzerland, starting 13th and flying down the two-km course, with a drop
      UPI  -  164 words
    • 334 16 GOLF AP STEVE JONES birdied two of his first four holes and cruised to a three-stroke victory last Sunday in the Tournament of Champions in Carlsbad, California. Jones, who never trailed over the final 18 holes, won the second title of his career with
      AP  -  334 words
    • 130 16 ATHLETICS AFP ZOLA BUOD has finally gone on record to condemn apartheid. "To discriminate against people on the basis of the colour of their skin is not acceptable to me," said the 22-year-old South African-born athlete who had sparked a storm by her refusal
      AFP  -  130 words
    • 95 16 MOTOR RALLY AP ARI VATANEN of Finland, driving a Peugeot, and Stephane Peterhansel of France, astride a Yamaha, won last Sunday s leg of the Paris-Dakar Rally, 611 km through the desert of Mali. Vatanen's Peugeot teammate. Belgian Jacky Ickx, finished second in the stage,
      AP  -  95 words
    • 451 16 BONDS, LOANS WARRANTS Compcny Coup <%) CK Tang Wm *****990 Oman Hup Wm 1991 Qty Dov ftondi 1994 5tt Chy Dw Wm 1992 G Corp CULS 1909 10 H Prep Roods H Prop Wm 1993 1993 4 H ToJ-Pon Wm 1992 tnno-Poc loan Inno-Poc Wm 1992 1992 6 JC-MPH Loan
      451 words
  • Page 16 Miscellaneous
    • 78 16 Play golf the Sevvy way rr \€> iMFVfZTANT BEFORE YOU SWING TO HAVE A GOOD MENTAL PICTUR* OF THE 5 WOT YOU INTEND TO MAKE I *> x ...ALWAYS LOOKAT THE SWOT FROM MMIND THE BALL, AND TRY" TO IMAGINE THE INTENDED LINE OF ai&MT AU PROFESSIONALS WAVE A LINEUP
      78 words

  • COMPANIES & STOCK MARKETS
    • 782 17 Fraser Neave gears up for busy period ahead BEVERAGE GROUP Fraser Neave, anticipating a busy period ahead, has extended its brewery interests by buying into a brewery in Shanghai, China. Disclosing this in the annual report, chairman Michael Fam said Beverages Investment Re Ltd, a joint venture between F N
      782 words
    • 621 17  -  By MAGDALENE NG METAL CONTAINERS Ltd is divesting its 20.17 per cent stake in money-spinner M C Packaging (Hongkong) Ltd (MCPHK) in exchange for cash and shares in Hongkong-based Lam Soon (Hongkong) Ltd. Lam Soon is paying a total of
      621 words
    • 335 17 HONGKONG-BASED Sun Hung Kai Securities, which was third-time unlucky in its bid to become a member of the Stock Exchange of Singapore, will rethink its strategy in Singapore, said senior executive director Albert Chan. "We will study whether to continue to operate under
      335 words
    • 825 17 Reuter THE TOKYO stock market is headed next for the 35,000 to 36,000 mark on the Nikkei index by the end of the year, brokers said. The Nikkei index jumped 468.85 points to close at a new traded high of 30,678.39 yesterday. Emperor Hirohito's death
      Reuter  -  825 words
    • SES
      • 757 18  -  -By MICHELLE OH SHARE PRICES rose over a broad front yesterday in very active trading, with the leading market index shooting up nearly 30 points the highest daily rise in four-and-a-half months. Trading was brisk from the
        757 words
      • 84 18 KINTA KELLAS INVESTMENTS PUBLIC LTD: 61st AQM at the Pahang Room, Lower Lobby. Shangri-La Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur on Thursday, Jan 12, at 9.30 am. MALAYAN BREWERIES LIMITED: 55th AGM at OCBC Centre, 19th storey on Tuesday, Jan 24, at 11.00 am. ELECTRO MAGNETIC (S)
        84 words
      • 327 18 Managers' prices for Jan 10 Singapore Unit Trust The Commerce 100 106 The Savings Fund 0 67 0.92 S'pore Prog Fund 0.38 0.42 S'por* Sac Fund 0.65 0 70 S pore Invest Fund 0.69 0.74 S'pore Equity Fund 0.47 0.51* Asia Unit Trust Mai Invest Fund 1.45 1
        327 words
      • 78 18 Company RIGHTS ISSUE General Corp Hsu* of (49.204.936 nominal (Mount of 0% Convertible Unsecured loon ttocta ICUIS) 1988/93 on Km basis of $3 now not amount of loon stocks lor •very five GC8 shores of |l eod» or S3 nominal amount of CUIS I98B/V3 for every (730 nominal
        78 words
      • 302 18 Company RIGHTS ISSUE C 1 Holdings 27 million loon docks m the ratio o( $3 loon stock tor every live ordinary shares held Causa way Inv Issue ol $7,252,937 nominal amount ol 6% loon Slock 1999/94 on the basis ol $1 nominal amount ol loon stock with two
        302 words
      • 5640 18 Gr'« Gr's 1988/89 Tel Last Vol Day Last Quote Dlv Dlv rid Net M Cap High Low Code Company Sale or(•000) High Low Buyer Seller C'vr PIE Smll JAN 09 SESDAQ 187 114 t 4000 Amtek Eng 20* 126 unch 6 126 126 124 126 10 ON
        5,640 words
    • KLSE
      • 3353 19 MBT BUYERS SWARMED the trading floor right from the opening bell yesterday, pushing share prices on the Kuala Lumpur stock market higher for the third straight session in active trading. The upbeat mood is in line with the advances on major overseas marketa. Many market
        MBT  -  3,353 words
    • REGIONAL MARKETS
      • 369 20 Looking at airport also Reuter CHINA'S capitalist-style investment firm is to increase its stake in Hongkong's second cross-harbour tunnel project to 23.75 per cent from 9.5 per cent. China International Trust and Investment Corporation Hongkong (Holdings) Ltd has agreed in principle to buy
        Reuter  -  369 words
      • 330 20 Bernama JAPANESE INVESTORS are expected to play a more active role in the stock markets of Malaysia and Singapore this year, Malaysian Investors' Association president P H S Lim said in Kuala Lumpur yesterday. He added that given the forecast
        Bernama  -  330 words
      • 176 20 AFP US MANAGERS should spend more on research and treat their workers better, Sony chairman Akio Morita said. Speaking on US television on Sunday, Mr Morita criticised the current wave ot takeovers, saying US businesses spend too much on takeover battles and should invest the money
        AFP  -  176 words
      • 276 20 Reuter BONO CORP Holdings Ltd is unlikely to raise its offer to minority shareholders of its Hongkong subsidiary, Bond Corp International Ltd (BCIL), analysts said yesterday. "Bond Corp has more bargaining power than (the) minorities," said Phillip Chan, research
        Reuter  -  276 words
      • 532 20 Tokyo Reuter TOKYO share prices soared to close at a record high in heavy trade yesterday, surprising investors who expected a downturn and self-re-straint on the first day of trade after Emperor Hirohito passed away on Saturday. brokers said. "People thought the market would pull back
        Reuter  -  532 words
      • 478 20 Australia Reuter INSTITUTIONAL trading dominated the Australian share market yesterday buoyed by economic optimism overseas. By the close of floor trading, the All Ordinaries was 8.7 points up at 1,488.5. Brokers said local investors breathed a sigh of relief when Tokyo responded well to the weekend death of
        Reuter  -  478 words
      • 1363 20 Hongkong MILD PROFIT-TAKING in the afternoon yesterday pulled share prices slightly off morning peaks but both stock indices ended at post-October 1987 crash highs in active trade, brokers said. The Hang Seng Index rose 25.62 points to 2,792 27 and the broaderbased Hong Kong Index
        1,363 words
      • 179 20 Reuter THE SECURITIES Exchange of Thailand Index rose 10.36 points to 416.39 level yesterday on a turnover of 9,231,611 shares worth 642.06 million baht. JAN M IAHT Ao Kham Thai 300 34 Ayudhya invaatmant 36 75 0 75 Bangkok Aground Bangkok Bank 107 299 2 12 Bam
        Reuter  -  179 words
      • 223 20 Reuter BOMBAY share prices rebounded sharply to close with big gains yesterday after stock exchange authorities halved purchase margins and raised sales margins, brokers said. The authorities halved margins on purchases to five per cent on 49 volatile shares and raised sales margins to 15 per cent
        Reuter  -  223 words
      • 148 20 Reuter SHARE PRICES in New Zealand closed higher yesterday after leaders posted modest gains in a quiet market, brokers said. The Barclays Index rose 9.25 to 1,868.07. One broker noted: "It was spurred on by the fact that the Nikkei (share index) went up and Aussie
        Reuter  -  148 words
      • 398 20 Reuter STRONG buying interest in blue chip financial issues powered the Taiwan stock index higher yesterday as turnover picked up after a sluggish start, dealers said. The weighted index rose 174.94 points, or 3.4 per cent, to end at 5,312.48 against Saturday's 5,137.54 finish. Turnover swelled
        Reuter  -  398 words
      • 179 20 Reuter SEOUL stocks declined sharply throughout yesterday's session led by heavy selling in financial, construction and traderelated securities, brokers said. The composite index near the close stood at 901.60, down 17.91 points from Saturday s close. Turnover was a moderate 293.3 billion won against 315.2 billion in
        Reuter  -  179 words
      • 82 20 Reuter MANILA share prices ended narrowly mixed yesterday mainly on weaker overseas metal prices, brokers said. Manila's composite index eased to 853.52 from 853.70. Combined trade rose to 1.23 billion shares worth 104.1 million pesos from 1.07 billion worth 84.05 million pesos. Commercial/industrials held firm against declines
        Reuter  -  82 words
    • INTERNATIONAL COMPANY NEWS
      • 498 21 Reuter THE BROKEN Hill Pty Co Ltd is to make a US$37B million friendly takeover bid for Honolulu oil company Pacific Resources Inc. BHP said in a statement it was already entitled to an effective 43 per cent of PRI through an options
        Reuter  -  498 words
      • 642 21 NYT AN INSIDER-TRADING investigation Involving the acquisition of Triangle Industries by Pechiney SA, the French aluminium company, grew last week when investigators linked a friend of President Francois Mitterrand, Drexel Burnham Lambert Inc and several stockbrokers in France and Luxembourg to
        NYT  -  642 words
      • 432 21 UK government urged to intervene to stop foreign takeover Reuter POLITICAL OPPOSITION is mounting to possible plans tor an international takeover of Britain's flagship manufacturer, General Electric Co (GEC). Financial analysts said any offer for GEC would have to top £6 billion which would represent
        Reuter  -  432 words
      • 308 21 FT BRITISH SATELLITE Broadcasting (BSB) plans to go to the stock exchange later this year and raise about £500 million (US$9OO million) through a public flotation. The consortium, which plans to launch three channels of satellite television in September, believes the best way
        FT  -  308 words
      • 149 21 Reuter CITICORP, together with Kuwait Finance House and Fred Olsen and Co, has formed KFH Olsen Tankers Ltd to invest in medium to large crude oil carriers. Citicorp said the Cayman Islands company will invest primarily in secondhand tonnage but will consider
        Reuter  -  149 words
      • 250 21 Reuter THE INTERNATIONAL Accounting Standards Committee (lASC) has proposed to bring the accounting treatment of company transactions into line worldwide. Its proposals "will make easier the comparison of the financial position, performance and changes in financial position of enterprises from different countries", it said in a
        Reuter  -  250 words
      • 406 21 FT THE BATTLE for control of Moet Hennessy-Louis Vuitton (LVMH), France's leading champagne, cognac and luxury products group, has erupted again after a brief truce, sending LVMH's share price to new heights on the Paris bourse last week. Having risen by 20
        FT  -  406 words
      • 786 21 Reuter LONDON: Shares opened with broad gains in active trading yesterday as a possible C 7 billion bid for British electronics major General Electric Co pic buoyed the market. Merchant bank Lazard Brothers said a consortium of international companies grouped under a new firm, Metsun Ltd. was
        Reuter  -  786 words
      • 102 21 HONGKONG Hongkong Index Monday 1,843 13 Friday 1,825.26 Week ogo Ck>Md Hong Song Index Monday 2,***** Friday 2.***** Week ogo Closed All Industrials Monday 2.4808 Friday Z4670 Week ago Closed NEW YORK Dow Jones Friday 2.194.29 Thursday 2.190.54 Week ago Closed TOKYO Nikkei Average Monday 30,678.39 Friday 30.*****
        102 words
  • Page 17 Advertisements
    • 157 17 Financial Newsmakers Since 1735 there has never been A QUARTZ BLANCPAIN WATCH. And there never will be. Mode* shown 6595-1418-58 t 3 •v Ar* V .18. BlancpaiN Faithful to the traditional art of watchmaking, each watch is still assembled, polished and finished by hand by the individual watchmaker. In all,
      157 words
  • Page 17 Miscellaneous
    • 23 17 />/ 7& c/oo tv/r// 4 /?<*£/&/?£■& zrtteAS- £>/& c/GV tvtf/rw 7 y&at/- ro ££T~rV£~MC££>.. by Martell //v£nrA0 t rwsr 72? fP^ .i** 1 L^\\| f+OOP QQCD-
      23 words



  • Page 20 Advertisements
    • 250 20 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF C. G. F. TRADING PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of C. G. F. TRADING PTE LTD convened and held at ill North Bridge Road #07-26 Peninsula Plaza Singapore 0617 on
      250 words
    • 292 20 TRANS-ASIA SINGAPORE PTE LTD (In Creditors' Voluntary liquidation) NOTICE OF FINAL GENERAL MEETING (Pursuant to Section 308(1) NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act, Cap 50. that a general meeting of members and creditors of the above-named Company will be held at 190 Middle
      292 words
    • 0 20 +!+|;~~:}\%~<{!++],_$\)_?\!"~>$
      0 words

  • Page 21 Advertisements
    • 120 21 LOST CERTIFICATES The following certificate* have been reported lost, mislaid or destroyed: Nam* of Company Certificate Not. In the Name of No. of Shares Electro Magnetic (S) Ltd A *****25 Um Kim Liang 1 x 12,191 RMCA Reinsurance Ltd A *****44 Bok Hai Suan 1« 1,000 A *****27 Tan Huey
      120 words

  • 543 22  -  Lowest amount in many years By LEE HAN SHIH GOVERNMENT SUBSIDY to the Housing and Development Board, a major item of public expenditure, fell below the $1 billion mark in the last financial year. This was the first time in many years
    543 words
  • 74 22 PRIME MINISTER Lee Kuan Yew at Iha Japanaaa Embassy yeaterday paying respects to the memory of Emperor Hlrohlto of Japan who died on Saturday of cancer. Mr Lee algned the condolence book and stood In alienee In front of a picture
    74 words
  • 285 22 NYT THE US Export-Import Bank, a government agency making be-low-market-value loans to buyers of American exports, has decided to suspend new lending operations as a result of the Reagan administration's budget squeeze, Washington bank officials said. The action, which is expected to
    NYT  -  285 words
  • 164 22 Reuter OPEC will regain control of half the world oil market within a decade if it sticks to its policy of restrained production for a few more years, the Bahrain-based Gulf International Bank predicts. Bank economist Henry Azzam said in a monthly report
    Reuter  -  164 words
  • 465 22 AFP INDONESIA faces another tough year as the government tries to curb domestic expenditure in a bid to meet foreign debt repayments, analysts said in Jakarta yesterday. Businessmen face the prospects of a heavier tax burden while consumers may well have to
    AFP  -  465 words
  • 305 22 AP AMERICAN AND JAPANESE banks may agree to pay part of the Philippines' US$2B billion foreign debt if Manila allows US bases to remain, the Philippine ambassador to Washington said yesterday. Meanwhile, two visiting American senators pledged to persuade their colleagues to support
    AP  -  305 words
  • 155 22 AP THE HUNGARIAN government on Sunday announced a series of sweeping price hikes which the official trade union leadership has warned may spawn strikes unless swift wage and social reforms are enacted. The price increases will cost every consumer an average of 800 forints, or US$25.
    AP  -  155 words
  • 304 22 THE GENEVA-BASED inspection company Societe Generate de Surveillance (SGS) has gone on the offensive against exporters involved in smuggling into Indonesia. The SGS chief representative in Indonesia, Mr Daniel Gauchat, last week met the Indonesian Attorney General Sukarton Marmosudjono in Jakarta
    304 words
  • 537 22  -  By LEE HAN SHIH DEVELOPER Teo Lay Swee, who yesterday rescued his Cockpit Hotel from the hands of receivers, is now looking for $80 million to build an extension to the hotel. It is understood that Mr Teo is asking his Swedish financier, Probo
    537 words
  • 76 22 Reuter THE UNITED STATES Sur-geon-General, C Everett Koop, will issue the annual Report on Smoking and Health tomorrow, 25 years to the day after his predecessor unveiled the landmark report that indicted tobacco as a cause of cancer. Despite health warnings, as many as 55
    Reuter  -  76 words
  • 92 22 Reuter COMEX GOLD FUTURES were marked down early yesterday on selling spurred by the dollsr's continued gains. "Gold has become a very disciplined follower of the dollar," said a Comex floor broker. In moderate trading, gold for delivery in February lost US$4.OO st U*****.10 an ounce. Analysts said
    Reuter  -  92 words
  • LATE FILE
    • 63 22 Reuter AFGHAN Muslim guerillas will not hold further talks with ths Soviet Union on a future government. Sibghatullah Mojaddidi, chairman of a seven-party rebel alliance, said in Islamabad yesterday that the rebels were only prepared to meet Kremlin negotiators after the withdrawal of Soviet troops
      Reuter  -  63 words
    • 34 22 Reuter SRI LANKAN Opposition leader Sirima Bandaranaike, who lost last month's preeidential poll, yesterday filed a petition in the Supreme Court seeking to annul the victory of Ranasinghe Premadaaa.
      Reuter  -  34 words
    • 55 22 Bernama KOPERAS! Jayadiri (M) Bhd (Kojadi) was yesterday fined M 528,000 by the Kuala Lumpur Sessions Court tor failing to obtain the approval of the Registrar-General of Cooperative Societies before investing its funds. Kojadi is an investment arm of the Malaysian Chinese Association and a member
      Bernama  -  55 words
    • 38 22 Bernama ALL BANK NEQARA staff involved in the transaction concerning the M 522.2 million fraud will be queetioned by police soon, Bukit A man Commercial Crime Division chief Mailman Taib said yesterday. Bernama
      Bernama  -  38 words
    • 63 22 UPI THE "BLACK BOX" flight recorder wss recovered yeeterday from a new British Midland Airways Jet that craahed with 126 people aboard near a major highway in England after both its engines caught fire, killing at least 43 aboard. More than SO others, including the pilot end
      UPI  -  63 words
  • Page 22 Advertisements
    • 9 22 Manila raady for pro|acta undar mint-Marshall Plan, PAGE 4
      9 words
    • 157 22 Th« ilhrar report was not ivillsMt BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken
      157 words

  • SHIPPING TIMES
    • 314 23  -  By G DURAIRAJ PENANG PORT hopes to draw up a master plan to improve safety in the handling, storage and the movement of dangerous cargoes at the port. The port, which has been handling an increasing variety of dangerous cargoes, has obtained the services
      314 words
    • 506 23  -  By RICHARD NG THE Port Authority of Thailand has pledged to the shipping community that Bangkok Port will be free of congestion by 1990. Various steps taken to tackle the problem are proving successful. PAT director Pongsak Vongsamuth told Deputy
      506 words
    • 160 23 Reuter Reuter Reuter NO LOSS or damage was incurred to the 150,000 tonne cargo of condensate on the Cypriot tanker Boni which was abandoned by its crew after catching fire in the Indian Ocean last month. Two tugs are now towing the 254,681 dwt Boni to Singapore
      Reuter  -  160 words
    • 586 24 Reuter NORWAY'S merchant fleet, after years in the doldrums, is giving the country's troubled economy a much needed boost and is once more a major money spinner. An international ship registry, launched in July 1987, and an upturn in the world shipping market
      Reuter  -  586 words
    • 781 24 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrans IV 1 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 Awards Shpg V 4 Balt-Conada line VN 4/5 Bait-Orient line
      781 words
    • 174 24 Reuter URUGUAYAN Foreign Minister Luis Barrios Tassano has denied his country granted permission for a roll-on/roll-off cargo service between Uruguay and the Britishruled Falklands Islands. "Officially, there is no news in the sense that an application has been made to
      Reuter  -  174 words
    • 510 25 Lloyd's List MARITIME authorities are alleged to be turning a blind eye to ahipa sailing improperly manned and with inadequate lookouts, according to a protest lodged with the International Maritime Organisation by the UK Nautical Institute. The institute has become concerned about
      Lloyd's List  -  510 words
    • 341 25 AFP CONDITIONS were seen as encouraging on the tanker market at the start of 1989, market source* said, although earnings were lower in places. In their latest report, London brokers' E A Gibson said that rates remained at a higher level thai) had been anticipated, bearing in mind
      AFP  -  341 words
    • 592 25 Reuter AN EXPLOSION, possibly caused by a mine, started the Are that burned for several hours aboard the Saudi tanker Ssgheera before it sank in the Gulf, regional shipping sources said. Explosives experts, quoted by the Gulf press, confirmed that an expioeion had
      Reuter  -  592 words
    • 70 25 EGYPT'S public prosecutor has called for dealt) sentences for 19 foreigners accused in the country's biggest drugs scandal, legal sources said. Police seized 300 kilos of pure heroin, four tonnes of opium and two tonnes of hashish worth an estimated total of US$425 million from
      70 words
    • 977 30 Activity is beginning to pick up at the end of the week on the dry cargo freight market after the end-year holiday lull, and freight levels for grain cargoes continue to show strength out of the US, brokers said on Friday. The Baltic Freight Index jumped 23 points
      977 words
    • 4052 30 AARHUS Srlwltaya. Diaeagotri, Jan 6/12. Ever Glamour. Evergreen. Jan 10 Lexa M. Maerak Una. Jan 10/11 Osaka Bay. PtO Containers. Jan 12. Banavon. Hapag-Lloyd/NYK Line, Jan 12. Villa Da Venue. CM A, Jan 11. Nlhon, MISC. Jan 12 Ming Enargy, Yang Ming
      4,052 words
    • 1188 30 AT CONVENTIONAL WHARVES VmmI B«ft h Arrival Depart KEPPEL WHARVES Aiaorm) K36 otonguda 1201AM00 ScKlrtUO K3I olonguda 1001/1200 C 1 Ab-dio" US olonguda 1001/1500 Cot* K33 olonguda 1201/2300 Equoxx K23 olonguda iooi/iaoo Equator V K22 otonguda 1001/2359 Kola tip>M K32 otonguda 1701/0(00 Koto Muho KX otonguda 14
      1,188 words
  • Page 23 Advertisements
    • 731 23 TIMES STP Distributors Dedicated to <2wc*lity Service JAROINE SKIPPING AGENCIES (NEW CR-NO IS S42M4«gC) 2)0 Cantomnwit Road #12-05 Southpomt. Smppore 020 Tel 221D11 TELEX NO RS ***** TERMINAI/CFS Tel *****18 220 BOOKINGS TH *****34 235 PCSAKA JAROINE SHIPPING AGENCIES SON BHD PORT KELANG TEL ***** IS T*i No. MA*****/MA***** PENANG
      731 words
    • 84 23 NORWAY'S merchant fleet, after years in the doldrums, is giving the country's troubled economy a much needed boost and is once more a major money spinner. Pege II MARITIME authorities are alleged to be turning a blind eye to ships sailing improperly manned and with inadequate lookouts, according to a
      84 words
    • 549 23 ■1^ TIMES BOi M STP Distributors PuMrtnf Croup MAERSK LINE DESTINATIONS Feeder by Meerjk Kobe To California US Gulf-US Atlantic-East Canada AH Mate' Service mm This MM M Tokyo Ctaatng Tuna CY 12/1 3000 MRS CFS 12/1 1000 MRS FhMr by Maerak Kobe Feeder by Maersk Kobe Sealed Sated To
      549 words

  • Page 24 Advertisements
    • 620 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP BENAVON FRANKFURT EXPRESS OSAKA BAY TOtAGA BAY nirrVrlfv^ HONGKONG EXPRESS ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG, MALMO. HELSINKI. OSLO. AMSTEROAM, CARIBBEAN A S, AMERICA CONTAINER SERVICE FROM UK/CONTINENT KAOS'PORE HONGKONG
      620 words
    • 21 24 Lines and services represented by /*a Members of the Registry of Accredited [f Shipping Agents. Singapore National vL Shipping Association. V,
      21 words
    • 626 24 wj Lloyd Trikstino »h- Mt I)( 11 B) am am am am mm nmata vim am nm mm mm mm am oasis aitam mm> am nm am am am am montblanc maru nm mm am vm mm mm am am mm am urn am vm am am am ma nm
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  • Page 25 Advertisements
    • 1121 25 S3 The Straits Steamship Group *v\\ P&O Containers STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok PEGASUS PIONEER VMM U-12 1M 14-U Jm PEGASUS PROGRESS WS4N 14-li Jm 18-U Jm BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****00 H I. a :f.\ 7.1 .e.v I >1:I:!']. I i I
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    • 647 25 NOTICE FAR EASTERN FREIGHT CONFERENCE SARAH, RRUNEI AND SARAWAK FREIGHT CONFERENCE NOTICE TO SHIPPERS CONGESTION SURCHARGE The member lines of the above Conferences hove been monitoring the berthing situation at the undernoted port and have reported and agreed on the following:ISTANBUL As a result of delays being experienced in this
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  • Page 26 Advertisements
    • 272 26 HSINOSE El MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES TkyowT Sinjjpoft Loading for:ETA 27fl BANDAR ABBAS KYOWA LINE ■OTHER VSI KYOWA VIOLET V.23 KYOWA HIBISCUS V 35 LOAD FOR: VILA, NMA. LTK. SUVA. PAGO. APIA VILA. NMA. LTK. SUVA. PAGO. APIA GUAM/SAIPANI OCEANIA EXPRESS V-26 OCEANIA EXPRESS V-27
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    • 1014 26 HANJIN SHIPPING CO., LTD. FUI I V CONTAINERISED SERVICE TO EUROPE VIA SUEZ CHOYANC SUCCESS 1W HANJIN ROTTERDAM IN KOREAN JACEJIN 47W QUEEN'S WAY BRIOCE 7* S pore LtMjyrt R dam M burg B'tiaveo Ftfewe nn 1/2 w m m w mi nn an nn nn un 11/2 1/3 w
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    • 646 26 ra kZA EVERGREEN r ull Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ever GIOK EVER GENIUS IVU GIANT MR GENTRY EVER GATHER ALSO ACCEPTING CARGO TO 1) PROVIOENCE SAVANNA* RRUNMTO*. KRWUOA ETC •nc UN ROT RM M MM D ATLANTA, CMCAOO. DETROIT, ROSTON PHILADELPHIA. NORFOLK. JACKSONVILLE. ■RUS OTHER MAJOR WCRORRtOGI DESTINATIONS
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  • Page 27 Advertisements
    • 719 27 PACIFIC INTERNATIONAL LINES Wk\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE ACCCFTMG MURURAN/TOMAKOMAI/tMT ACHI CARGO VIA HKQ SIN NKO KAO KCC VOK MOO KO* MM ■"Ft I*l I*l 24/1 2*l 17/1 »/1 a/1 a/1 sin 2/j m *2 I*2 is/2 'M art a/2
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    • 214 27 CHINA OCEAN SHIPPING COMPANY KK PCD P.KIg Pman« JIANG CHUAN SaM YIN CHUAN an HettertwV Antwerp Pmmic rkl| Sport au Hkf Sha. Qingdao SHAN CMENC 21/1 17/1 24/1 27/1 iff 7/2 YANG FAN® KOU 12 2S/1 27/1 n/1 4/2 1/2 Accoptint FCL Carat tar ill attar CMmm pprts »M M
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    • 629 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT »TWI HAm t'MAVtN ROAM HAVtf r~rr_ J?? w w i/J w 0-kiM I*l 21/1 *2 MB 128 I*2 I*2 w* un up n an Z m w Ha w mi vi an an 22/2 tw in *a an un m on m
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    • 495 27 E DJAKARTA LLOYD INDONESIAN NATIONAL LINE (A MEMBER OF ANRO) STRAITS/AUSTRALIA EAST COAST SERVICE r «ti iw I*l *1 an AGENTS SINGAPORE EKA JAYA AGENCIES OFFICE TIL *****22 terminal FA* *****05 MALAYSIA HARPER WIRA SON BHD PETALING JAY* 75M72? PORT KEIANG 3W7?CI.S *****6: PENANG •-*****5,&M42? DJAKARTA LLOYD INDONESIAN NATIONAL LINE
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    • 386 27 BOUSTEAD SHIPPING AGENCIES I LASH 10 VMS IHTONEYWA V242W M VI3M BURMA FIVE STAR SHIPPING CDRPnRITIMI (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Banc z z m j»fi BANK LINE NORTHBOUND TO UKC SPORE RDAM HULL HM IVYBANK V23N 20/1 11/2 2S/2 22/2 TAUSALA SAMOA VI4N I*2 17/3
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  • Page 28 Advertisements
    • 558 28 KAWASAKI KISEN KAISHA, LTD. K'linb ORIENTAL FREEDOM ORIENTAL FAITH/ RAINBOW BRIDGE 16 ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE VIA FEEDER ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE N. AMERICA-ATLANTIC COAST VOY *INDO 23 90 12 16/1 12 23/1 21 29/1 VOY LB 22 1/12 N. AMERICA PACIFIC SOUTH-WEST N. AMERICA PACIFIC
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    • 224 28 4*. 45 ft al GOLDENWAY MARITIME SDN. BHD. ETA MARITIME No.l Vl/89 In Port NEW LINE No.l Vl/89 14/1 SWEE ANN SATU V 2/89 23/1 6A, Lorong Cempening, off, Jin. Berangan, Port Klang, *****, Selangor. ETD Loading For 14/1 Kuching/KK 17/1 Miri/Kuching 27/1 Kuching/KK/Labuan Tel: *****80, *****84 *****88 Fax No:
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    • 482 28 AUSTRALIA EXPRESS CONTAINER SERVICE AceepWng FCL/FCL Container* KALIOAS y.« TULSIOAS y 39 HAL I OAS y 41 TULSIOAS y 40 PUn Penang loading tor By Feeder By Feeder f.tmlMb.SyOn/AM 1 Fa* 1 Fat) Frem/Maftftdn/Adel 2 Mar 2 Iter Frem/Moft/Sy«VAdel I Apr 1 Apr Frwn/tMbfrdn/AM INDIA EXPRESS CONTAINER SERVICE 10. NA6ALANO
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    • 537 28 GOLDEN LINE GIMN GUAN SHIPPING (PTC) LTD a. TtM Ayw Strwt SINCAPOM 01M Ttl SMJM (It LINES) F»i UUSM STRAITS/PERSIAN GULF SERVICE QOIOCN MAD Cata**Kjr»dwOU>»i OM.DCN HA*VIST CHINA SMVKI A VtSSCL Huanjpu, Sfeanfta) Sjpor* MUtant P«nan| am i am k\ CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF
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    • 414 28 p PHIU OnifNT UNtS PTf LTD MEAD OFFICE 63 ROJiNSON ROAO -07 12 AFRO ASIA BUILDING SINGAPORE 0106 TELE* RS ***** PHtll FAK *****76 lUllfcj'li'.iai'JUM-; ETA SINCAPOftETDOTINATKM I ii'i 'v; aa aw/war wtMa ftt lifl tana I TI'S.M KMA. T ABUT AVE. f. SUOAN REUNION. TANGA. P SUEZ ABIDJAN. OOULA.
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  • Page 29 Advertisements
    • 1077 29 NEPTUNE AGENCIS PTE. LTD. General Boomogs Bookings Imwrd; Terminal CFS Inquiries FE EU AuS' IPA SEA Outward *****22 *****53 27*9977 27*5753 *****42 *****44 *****19 *****16 *****18 *****48 EXPORT NOL NEPTUNE ORIENT LINES LTD E NEPIME SON BHD P Ketang K Lumpur Penang J Bahru *****87 *****33 *****5 2380*0 IMPORT *****0
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    • 77 29 ~JX~ JE CONTAINER LINE, INC NEW SERVICE AUSTRALIA/NEW ZEALAND SYDNEY/MELBOURNE 20/01 28/01 FREMANTLE 20/01 28/01 AUCKLAND. WELLINGTON 12/01 30/01 N.PLYMOUTH. C.CHURCH SPORE AGENT JE CONTAINER LINE (S) PTE LTD TEL: *****59 (20 LINES) FAX: *****63 PKLGAGENT JE CONTAINER LINE (M) SON BHD TEL. (03) *****00,1 (8 LINES) m WAREHOUSING TRANSPORTATION
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    • 283 29 S PORE AGENTS NEPTUNE AGENCIES PTE ITD Tel 27WS/777W171 *****61 *****10 *****22 (Operations) *****8? 220T2M (Termmat) *****60 *****04 (CFS) MALAYSIA AGENTS TUNAS SETIA SON BHD Kl Tel *****% VtOVl' PK Tel ***** M 360)36* PEN Tel *****5 ***** V *****5 !N r CEYLON SHIPPING CORPN National Line of Sri Lanka
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    • 816 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 ***** PCNANC P. KELANC MESSRS HAI TMOMC SHIPPING 127 P«n»n« Strwt. MaltyM M S HANWJNC SYSTEM CO SON
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  • Page 30 Advertisements
    • 286 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 225 6868 (34 Lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. HS ***** A/B SSCAO DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK < r INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE •VU LAJMACA ACCEPTING CARGO FOR UMASSOL BEIRUT. LATTAKIA, ALEXANDRIA.
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    • 83 30 T.S.K. line: l\ WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAi TS KLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. CONTINENT VI7 ETA SIN 17/1/Sf KAOHSIUNG 4 DAYS > KEELUNG > TOKYO > SHIMIZU NAGOYA > KOBE 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS TSKLINE AGENCIES (S)
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  • Page 30 Miscellaneous
    • 159 30 I Regional Weather WA 1 m VL a r. a M cV 1 i •lic c o WtryJ direct<on witt) %p«ed m knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Jan 10. IMO LfCCNO R Temper oture c X\ A Shower Weather Wod dvecfion with speed m knots fio#>
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  • Page 31 Advertisements
    • 1548 31 CSP SHIPPING AGENCIES PTE. LTD. LCL CONSOLIDATION TO KEELUNG/KAOSHIUNG HONGKONG/CHINA BUSAN MANILA TOKYO/KOBE COLOMBO/BOMBAY FELIXSTOWE/LONDON HAMBURG/ROTTERDAM BANGKOK JAKARTA 14/1 10/1 11/1 14/1 13/1 10/1 12/1 12/1 11/1 10/1 (FULLY CONVENTIONAL) VESSEL TBN ETA SIN 8.1.89 CHITTAGON6 CALCUTTA/KAOSHIUNG Special TWIN 25 TON HEAVY LIFT TEL: *****66 (16 Lines) Tlx: ***** CSPFRT
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    • 287 31 TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE I S'SM Sf ''"f B EAST BOUND SERVICE ETA S'POftE LOADING FOR MV ALKINDI 20/1 Japan WEST BOUND SERVICE MV SINDBAD 5/2 UN Qatr/B ALSO SUDAN LINE (Sudan National Lino) Red Sea Express V«l ETA M.V. SSL VZS 15/1
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  • Page 32 Advertisements
    • 377 32 Hai Sun Hup Co (Pte) Ltd fEL *****06 l?fr unes, TLX MS ***** RS ***** t I \s| 1 K\ C \R I l\l K I). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! Senboku 28/1 Mizushiou •for Discharging Only MOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN A
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    • 402 32 COLUMBUS LINE REEDEREI GMBH V/w A SERVICE OF HAMBURG SUD) EXPRESS SEMkCOWTAfCR SERVICE TO IVYBANK V23N TAUSALA SAMOA VI4N MORAY BANK V7N ROM/A DAM HBG HULL (U.K.) 11/2 22/2 25/2 17/3 21/3 Z7/3 2/4 W W« •Alto Accepting fCL to Ant\nrWßr«mn/f«<iistoiM/Sououm«tefVSetfa«VCattMnfeurf BTTTiTn COLUMBUS NIUGINI V3S 23/1 Port Moresby, Lae, Rabaul.
      402 words
    • 205 32 Is P\M P.T. MASKAPAI PELAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 GENERAL AGENT: SINGAPORE NEPTUNE AGENCIES PTE
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    • 479 32 /M7< CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEOCR B. BUTAHC Vl3 Esaczsai iii= TP rm OTMCR DESTINATIONS: AARHUS, AMSTEBOAM, ANTWERP BASU, BREMEI BRCMRHAVEN, COPENHAGEN. HELSINKI. HAUW.
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