The Business Times, 17 January 1989

Total Pages: 30
1 30 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, JANUARY 17, 1989 75 CENTS
    11 words
  • 241 1 Dow Jones lower WALL STREET stocks slipped lower after a mixed opening yesterday. Brokers said prof-it-taking had appeared and was weighing on the market in thin trading. The Dow was off three at 2223 and a few more issues showed losses than gains. Trading was slow. Reuter
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  • 226 1 REGIONAL markets closed mixed amid a lack of direction from Tokyo which was closed for a public holiday yesterday. In Singapore, share prices rose over a broad front on buying interest in active trade with intermittent profit-taking. The Straits Times Industrial Index crossed
    226 words
  • 104 1 THE US DOLLAR opened two pfennigs higher in Europe yesterday as traders were encouraged by West German finance minister Gerhard Stoltenberg's comments last Friday. Mr Stoltenberg had said that current US dollar exchange rates were "agreeable and reasonable to all of us",
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  • 552 1  -  Campaign to encourage better quality of work By LILIAN ANG A NEW FORM of quality control that is expected to have far-reaching effects on the property and construction markets was yesterday introduced by the government. Starting this year, the Construction Industry Development Board
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  • 413 1  -  by LILIAN ANG FOUR oil refiners in Singapore have renewed their annual contracts with China National Chemicals Import and Export Corporation (Sinochem) to process a total of about 60,000 barrels per day (bpd) of crude oil. Industry sources said the four which renewed their
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  • 97 1 UPI INDONESIA'S security chief has guaranteed President Suharto a safe passage into retirement and pledged that "no political upheaval will occur" during the transition to new leadership that is expected to take place in 1993. "It will not be like (South) Korea or other countries where
    UPI  -  97 words
  • 470 1  -  By WILLIAM CHIA A COMPANY whose business it is to collect debts for others has found itself having to employ the services of the High Court to collect payments allegedly due to it from American Express International, a charge card company. The
    470 words
  • 516 1  -  IWRL'I^ME'Nir] B ]f ANNA TEO, SHOEB KAGDA FIRST DIiPUTV Prim® Minister Goh Choi* Tong yesterday said that he a nd hi.-s colleagues, not the Prime Minister, were now answerable for the government's performai ice. Mr Goh poimted this out in a letter
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  • Page 1 Advertisements
    • 168 1 Nikon The World's Finest Photographic System. Beef is Boss atjackjs What makes Jack's Place one of Singapore's favourite Restaurants it's not only our ambience, the friendly service and the affordable prices. It's because we serve our famous mouth-watering, tender, juicy steaks just the way you like it, everytime. Be it
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    • 222 1 Full report, PAGE 16 Regional Mkts, PAGE 18 Editorial Comment 10 Removing the landmines Vietnam and China 11 Paving the way for regional peace US preaidency 11 Bush in a brave new world Maid bonds 3 Meeting fails to clear doubts Beecham Group 3 Pharmaceuticals giant cries foul Malaysian politics
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    • 228 1 Income tax THE TRADITIONAL GOAL of an income tax policy is to seek neutrality and equity. But things are different in Singapore's case, as public finance specialist Mukul G Asher notes. See PAGE 10 Technology THIS WEEK'S Technology pag< focuses on the Massachusetts Institute of Technology. While two MIT professors
      228 words
    • 11 1 Nikon The World s Finest Photographic System. More reports, PAGE 2
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  • YESTERDAY IN PARLIAMENT
    • 664 2 Debate on President's address THE SEARCH for a national ideology was the topic of the day when Parliament began the debate on the President's address. Almost all the 14 MPs who spoke touched on the national ideology, the need for one, what values should be included
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    • 484 2 ELEVEN BILLS were briskly introduced on the opening day of ordinary business of the Seventh Parliament. But no questions were asked concerning the Bills because under parliamentary regulations, Members of Parliament must give seven working days' notice before they can get answers. This
      484 words
    • 306 2 NON-CONSTITUENCY Member of Parliament (NCMP) Or Lee Siew Choh was called out-of-order when he asked about what was not on the day's agenda the disqualification of his fellow Workers' Party member, Francis Seow. Dr Lee had asked why Seow. the
      306 words
  • Page 2 Advertisements
    • 343 2 52 s z 'H jr >v X. r <i *> m m m *s &s Sr 4 -f. *o r 1a S* ML '<PJ miWH ill in rl a r~ fiate-r r t j %f o "What's special about Sharp facsimiles?" "They get B4 and they keep secrets" FO-301 1276
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  • HOME NEWS
    • 416 3  -  By LEE HAN SHIH TRADEWINDS, Singapore's second airline, will expand its operations next month riding on a tax concession that could be worth up to $3.3 million annually. The concession, an exemption from income tax, is given to GRA Group Ltd
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    • 362 3 I Seminars and fW2 irfm CAHNERS EXPOSITION GROUP Courses A9. Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 A Dot* Event Venue Organiser Phone no Jan 13-17 Data Analysis Institute of Institute of *****04 •89 Workshop Systems Science, Systems Science, NUS NUS Jan 19 Hedging Financial Risks Boulevard
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    • 351 3 A NINE-DAY international telecommunications conference will be hosted for the first time by Singapore from Jan 18 to 26. This conference the Intelsat (International Telecommunications Satellite Organisation) Indian and Pacific Ocean Regions Operations Representatives Conference will be attended by 170 delegates from 54 countries. This
      351 words
    • 316 3 CONAIR GROUP, a major USbased manufacturer of auxiliary equipment and systems for the plastics industry, has relocated and expanded its Singapore sales and service centre Conair Pacific. The new centre, in Jalan Kitang Timor, will hold nearly $1 million worth of spares and
      316 words
    • 115 3 A GROUP of 43 senior managers from China arrived in Singapore late last week to attend a World Bank field programme on transportation and communications. The Construction Industry Development Board is playing host to the programme, which is being organised at the request
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    • 401 3  -  Conflicting accounts by insurers and ministry By DEXTER LEE THE GENERAL Insurance Association of Singapore and the Ministry of Labour have given conflicting accounts of what transpired during a recent meeting they had over the matter of insurer-backed foreign maid bond guarantees.
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    • 427 3  -  By WILLIAM CHIA BRITISH pharmaceuticals giant Beecham Group pic has taken legal action against local company Beacons Chemical for allegedly infringing its patent in the production of amoxycillin (a semi-synthetic penicillin). Beecham manufactures amoxycillin and markets it under the Amoxil brand. Through its
      427 words
    • 145 3 A ONE-DAY SEMINAR on aOro- in Singapore will be held on Jan 26 at the Dynasty Hotel. >7 The following day, semtnar participants will visit the Suagei Tengah Agrotechnology Park, the showcase for high technology and large-scale intensive farming. V' The main topic of discussion
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  • Page 3 Advertisements
    • 121 3 77 Vi GREATSTEAK AT A GREAT Our Chef Recommend 1.) Broiled Chicken Prawn $11.00+ 2 J N.Z. Sirloin Steak with Chef Sauce 11.00 3.) Broiled Lobster Tail $16.00+ 4.) U.S. Harris Ranch Ribeye Steak 19.00 with Chef Sauce Complete Lunch (Soup, Choice of Main Course, Dessert, Coffee/Tea) Add $3.50+ Complete
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    • 212 3 p AHOVIE. NOTA HOTEL. There's no place like home. Especially after being away for a few weeks on a business trip. But now, in Singapore, The Ascott Executive Residences provide a marvellous home away from home. One or two bedroom apartments and penthouses individually designed for the executive or family
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  • ASIA-PACIFIC
    • 330 4 Agreement in principle but with conditions Bernama A DISCUSSION on "achieving understanding" between Partai Sosialis Rakyat Malaysia (PSRM) and the group seeking to revive the old Umno led by Tengku Razaleigh Hamzah was held in Kuala Lumpur last week, sources said. The
      Bernama  -  330 words
    • 249 4 Bernama PERAK MENTRI BESAR Datuk Seri Ramli Ngah Talib said each state has its own approach to restore Malay unity. He was commenting on a statement by former deputy Prime Minister Oatuk Musa Hitam that other states emulate the unity efforts carried
      Bernama  -  249 words
    • 402 4 Reuter THOUSANDS of South Korean workers surged through the streets of a provincial industrial town on Sunday, shouting antigovernment slogans and denouncing an attack on union leaders there, witnesses said. They were among about 15,000 people, including student radicals and political dissidents, who earlier
      Reuter  -  402 words
    • 631 4 Reuter AFTER FOUR YEARS of stringent anti-inflation policies. New Zealand is expected to announce the lowest inflation rate for 15 years this week But economists say the slow-but-steady decline may be over. Analysts expect the December quarter consumer price
      Reuter  -  631 words
    • 406 4 UPI WEAK controls over US aid have allowed foreign governments to spend billions of dollars without proper accounting and divert money to officials' families and pet projects, newly released documents show. US investigators disclosed in interviews last week they had recently uncovered misuse of
      UPI  -  406 words
    • 216 4 Reuter CHINA has ordered a halt to the building of car production plants which do not have government approval, saying only the six existing major manufacturers can produce passenger cars. The official China Daily said last Saturday that local governments were triggering a car boom
      Reuter  -  216 words
    • 346 4 AP MAOTAI, China's fiery liquor, has become an all-purpose tool for bribing bureaucrats and cajoling cadres, a newspaper said on Sunday. The China Youth News (Zhongguo Qingnian Bao) also blamed profiteering by government officials for maotai"s high price, and criticised China's tradition
      AP  -  346 words
    • 1079 4 ARRIVALS Operator Service Loca From numb«r Hme UAL UA805 0125 SFO/HKG CAL CI341 0155 TP€ CAl Q337 0215 TP€ KM KE697 0220 sa NCA KZ205 0240 NRT JAL JL6I7 0305 TYO FTl FT75 0315 ATL/OFW/ORD ANC/NRT/ ALK MNL/TPC UL455 0325 TYO CM 0333 0405 TPE QM QF717
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  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • 82 4 Doonesbury I CANT STAND IT! HERB'S ANOTHER ARTICLE ABOUT HOW MUCH COHBR THE PUSH WHITE HOUSE WILL smm ■HUM m K^. nsspiM Lt"THE REAGAN iB -v c a o jr ALLTHE BUSHES CAN TALK ABOUT ISTH&K 6RANPCHILPREN! HOW THEIR. GRANDCHILDREN WILL ALWAYS BBWBL' UiT' BY GARRY TRUDEAU GOSH .THAT'S NOT
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  • REST OF THE WORLD
    • 562 5 AP COMPANIES from as many as 12 nations contributed to building and financing a suspected chemical weapons plant in Libya, according to Business Week magazine. Business Week, in its Jan 23 issue, said some of the companies were involved in the Libyan
      AP  -  562 words
    • 291 5 Reuter BRITISH retailers expect a significant slowdown in sales growth in January, after some moderation in December, the Confederation of British Industry (CBI) said in its December Distributive Trades Survey. "This survey suggests it was a disappointing Christmas for some retailers," said Nigel Whittaker,
      Reuter  -  291 words
    • 134 5 AP A SOVIET WEEKLY has revealed alarmingly high statistics on Soviet suicides, with more than 81,000 Soviets killing themselves in 1984 when only about 29,000 Americans took their own lives the same year. The article in the latest edition of Ogonyok magazine said, however,
      AP  -  134 words
    • 239 5 AFP SOME AMERICAN farmers are ready to supply the European Community with meat that is not treated with hormones, conforming to new EC regulations, an EC Commission spokesman says in Brussels. The Community has received several "indications" along that line, particularly from
      AFP  -  239 words
    • 407 5 AP BELGIAN police searched yesterday for Paul Vanden Boeynants, after saying the former prime minister was likely to have been kidnapped but adding that they had no information on the alleged perpetrators. The 69-year-old Christian Democrat disappeared on Saturday. Police said on
      AP  -  407 words
    • 321 5 Reuter SCIENTISTS are living in a period of extraordinary accomplishment but face growing public mistrust of their work, a major scientific organisation was told last Saturday. "The good news is that by any intellectual measure our science has never been more vigorous, nor has
      Reuter  -  321 words
    • 565 5 President unveils sweeping economic measures AP BRAZILIAN BANKS were ordered closed yesterday and today to give the country's economy time to absorb sweeping economic restructuring meant to cut annual inflation of 1.000 per cent and to stimulate growth. The government last Sunday imposed new shock
      AP  -  565 words
  • Page 5 Advertisements
    • 102 5 LE VENDOME CONTINENTAL RESTAURANT. WE GOT OUR REPUTATION BY BEING ANYTHING ELSE BUT FRENCH While French cuisine makes a most offering precious French turtle soup, pancelebrated appearance, hearty Italian fried marinated medallion of venison and vr iv f; R/ < v salmon fillet with scallops in champagne sauce, such is
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  • Page 5 Miscellaneous
    • 73 5 HD w// Max/ Note Mln (°C) 34/24 Cloudy 08/06 Cloudy 08/03 Cleor 17/11 Clear 32/24 Clear 28/23 Clear 00-07 Clear 12/07 Roln 06/00 Clear 10/04 Cloudy 19/15 Cloudy 12/08 Showwrs 28/18 Fine 09/03 Clear 08/03 Clear 31/22 Cloudy 17/09 Cloudy -8-11 Cloudy Montreal Moscow Nassau New Deßti New York Nicosia
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  • COMMODITIES
    • 630 6 Reuter AN ENERGY FUTURES exchange will be set up in Rotterdam and is expected to open by the middle of this year. The Rotterdam Chamber of Commerce said in a statemen that the new Rotterdam Energy Futures Exchange (ROEFEX) would offer futures
      Reuter  -  630 words
    • 183 6 Reuter THE ASSET PRIVATISATION Trust is to hold a second auction for the Philippines's only nickel refinery on Feb 2 after rejecting a US$32O million bid by a firm associated with Australian investor Alan Bond. APT chief trustee Ramon Garcia said in Manila
      Reuter  -  183 words
    • 329 6 Reuter THE FIVE-DAY moving average of the International Natural Rubber Organisation (INRO) moved above the must-sell level to 243.64 Malaysian/Singapore cents a kg from 241.45 last Friday. The must-sell level, at which the INRO buffer stock manager must dispose of rubber stocks of the international
      Reuter  -  329 words
    • 372 6 Reuter OPEC's price committee will probably meet in Vienna at the end of March to review members' adherence to output quotas agreed in November, Opec secretary-general Subroto said on Sunday. In their November agreement, Opec's 13 members decided to cut production by about 20 per
      Reuter  -  372 words
    • 242 6 Reuter TEA PRICES are at their highest in almost a year and the explanation may be that the British "cuppa" is making a comeback. Traders aren't sure why yet but, after a long, slow decline in the nation's addiction to a cup of
      Reuter  -  242 words
    • 199 6 Chinese Produce Exchange Sollon' noon dosing prlcos on ion 16 (SS/100 kg) Coconut oil Bulk FOB 11 2.00 Old dram FOB 1 22.00 Now dram FOB 126.00 Coconut Oil (MS/ 100kg) Now drams 173.00 2nd hand drums 167.00 Mk 158.00 Local In bufc 155.00 Copra (MS/iookg) No 1
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    • 268 6 MALAYSIAN crude palm oil futures closed higher after initial uncertainty, on short covering and speculative buying in active trading on the KLCE yesterday. The Palm Oil Refining and Licensing Authority (Porla)'s estimated stocks of 795.600 tonnes were well below trade estimates of between 900,000 to 950,000 tonnes But
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    • 137 6 Telerate FUEL OIL prices were stable-to-slightly firmer in the Singapore market on light trade yesterday. Buy sell indications were still between US$74-US$77 per tonne fob/cif Sing for CST-180 with sellers favouring spot related prices. A sale for 10,000 tonnes prompt CST-180 ITT was viewed by players
      Telerate  -  137 words
    • 142 6 INCREASED OFFERING due to weekend accumulation pushed the Kuala Lumpur Tin Market price one cent lower to M 519.96 a kg yesterday. Turnover roee to 101 tonnes from 74 tonnes last Friday. The weakness of the Malaysian dollar against the US dollar attracted buying demand from Europe while
      142 words
    • 160 6 Reuter INDONESIA plans to build a second hydro-electric power plant with a capacity of around 180 megawatts for the Asahan aluminium smelter in north Sumatra. A spokesman for the Asahan Development Authority said in Jakarta last Friday. "The plant will be built soon, this year
      Reuter  -  160 words
    • 248 6 HONGKONG: Gold closed easier in moderate trade yesterday in response to the firmer US dollar. Bullion ended at U*****.90/401.40 an ounce against an initial U*****.40/80 and compared with Saturday s close here of U*****.60/402.10. On the local market, gold fell HK$3.OO to close at HK53,743 a tael. Coins
      248 words
    • 301 6 SINGAPORE: The rubber market closed easier with February 1 RSS buyer quoted at 216.50 cents a kg yesterday. Prices ended 3.50 lower in quiet morning trade on light profit-taking. But in afternoon trading, values changed little. The holiday in Japan limited trading activity. On the TSR-20 Award market, prices
      301 words
    • 307 6 RAS prices In S cwMg, FOB In bate NOON CLOSE Buyers S*ll*i Buyers Sellers Int 1 RSS Prompt 216 JO 217 JON 217.00 218.00 Int 1 RSS F*b 89 218.00 219.00 218 JO 219 JO Int 1 RSS Mar 219.00 220.00N 219.50 220JO Int 2 RSS OP
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    • 76 6 (canti/kg) FEBRUARY 1989 MARCH 1989 (current month) (forward month) RAS NOON NOON ftvy*n S#'Wn luytn SSB 30 195.00 197.00 195.00 197.00 SS» 50 193.00 195.00 193.00 195.00 MRELB kr«n Saltan Suyan Jdltn SMS cv 317.00 319.00N 319.00 321.00N SMB I 314.00 316.00N 316.00 318.00N SMB 5 279.50
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  • Page 6 Advertisements
    • 158 6 At Trader Vic's our Businessman's Lunch has a distinct flavour TRADER VK'S RESTAURANT of San Francisco (Lewi Si At Trader Vic's we offer daily a 3-course Businessman's Set Lunch for only $17.00 which we think, you'll find superb value for money. The menu changes daily and the service is as
      158 words

  • TECHNOLOGY
    • 389 7  -  By LILIAN ANG LOCAL COMPANIES should develop and train their own research and development groups for the management of technology. Otherwise the growing shortage of such personnel will impede Singapore's ability to develop. This call was made by Professor Brian Lee from the Nanyang Technological
      389 words
    • 234 7 HANDS-ON training is the vogue these days. Ngee Ann Polytechnic has secured an agreement with a company dealing in electrical motor control for its students. The tertiary institute concluded an agreement with Terasaki Electric Company last year to send 140 of
      234 words
    • 365 7 NYT SUN MICROSYSTEMS, the leader in the engineering workstation business, has encountered a problem that has plagued IBM for years competition from the clonemakers. Recently a Colorado startup, backed by the Japanese giant Matsushita, announced that its new line of computers is fully compatible
      NYT  -  365 words
    • 272 7 LOCAL COMPANY Wywy has invested $500,000 to computerise its operations and has plans for a further $2 million investment over the next two years. The company, set up in 1976 and which today has seven core businesses, signed a
      272 words
    • 202 7 IN LATIN, questa means to search in order to achieve something. A new club for secondary school science students aims to do just that. The Questa Club, to be officially launched this weekend by Minister of State for Education and Community Development Dr
      202 words
    • 783 7 NYT RICHARD M STALLMAN is a computer programmer obsessed with a mission. He wants to bring back the good old days when programming was a communal activity and those toiling at the craft freely shared their ideas and their source code, the internal
      NYT  -  783 words
  • Page 7 Advertisements
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    • 6 7 PC Corner has b««n held over
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  • BANKING AND FINANCE
    • 598 8  -  By ALVIN TAY THE POST OFFICE Savings Bank has forecast a surplus of $141.7 million for its 1989 financial year, an increase of 18.6 per cent over its projected earnings of $119.5 million for 1988. The national savings bank reported a record surplus
      598 words
    • 508 8  -  by PAUL FRANKLAND Paul Frankland is the Singapore branch manager for Commercial Union Assurance, one of the Republic's largest insurance companies. He is also a management-committee member of Singapore's General Insurance Association. His views do not necessarily reflect those of Commercial Union or of
      508 words
    • 171 8 Reuter JAPAN'S Ministry of Finance (MOF) is expected to earmark a 1988/89 supplementary budget of 90 billion yen to fund trade insurance programmes, said a Ministry of International Trade and Industry (Miti) official in Tokyo. MOF has agreed in principle to Miti's request for the
      Reuter  -  171 words
    • 290 8 THE SINGAPORE International Monetary Exchange has confirmed that the trading of its high sulphur fuel oil (HSFO) futures contract will start on Feb 22. Announcing this yesterday, Simex said the HSFO futures contract is based on
      290 words
    • 385 8 Reuter VIETNAM plans a joint venture with an Indonesian bank based in West Germany in April to attract foreign investment and help revive the economy, a senior banking official said yesterday. Tran Anh Tien, vice-director of the Bank for Industry and Trade, said
      Reuter  -  385 words
    • 222 8 Reuter AS PART OF its effort to control China's chaotic financial situation, the central bank has ordered the abolition of all short-term finance companies. The Economic Daily quoted Li Quixian, governor of the People s Bank of China (PBOC), as saying that the companies, set
      Reuter  -  222 words
    • 187 8 Indicates the average of the prime lending rate* of 12 major banks In S pore r Interbank market rates (offer/bid) on Jan 16 us$ DM SWFC Y«n 7 do n 9 3/14—1/16 13 1/« 13 S 3/16 1/16 3 3/t 4 3/16 1/16 1 m#i 9 1/4
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    • 503 8 NYT THE US Treasury Department is considering whether to abolish the Federal Home Loan Bank Board as part of a sweeping overhaul of financial services regulation in the Bush administration, a top banking regulator said last week. Robert L Clarke. Comptroller of the
      NYT  -  503 words
    • 166 8 Reuter PAINEWEBBER International Inc. a unit of PaineWebber Group Inc. said it is withdrawing from Eurobond and fixed income trading in London, effective yesterday. with the loss of 22 jobs. A spokesman said. "After a careful review of current market conditions and the
      Reuter  -  166 words
    • 177 8 Reuter THE Philippine Central Bank's gross international reserves rose to US$2.O6 billion at the end of 1968 from US$l.96 billion at the end of 1967 and US$l.67 billion at end-November, bank statistics show. A Central Bank official said the rise was due largely to the drawdown
      Reuter  -  177 words
    • 1344 8 CURRENCY FUTURES OPTIONS Monday, Jan 16, 1988 DEUTSCHE MARK (SJMEX) ft M can* High Law Saa Htgh r* m PHM La> Ua 32 4 34 47 33 SA 9 104 Mar 88 caMa High Laar Saa High Mar 88 put* Lam IM 31 33 34 33 34 37 39
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  • MONEY AND EXCHANGES
    • 237 9 ASIAN DOLLAR deposit rates closed at opening levels and trading remained quiet all day because of market holidays in Tokyo and New York yesterday. The market is looking to today's release of US November trade data due at 1330 GMT for a lead, dealers said. us$ oow
      237 words
    • 451 9 BA Futures MARCH Eurodollar futures opened eight ticks higher on Simex yesterday than Friday's close at 90.53 following a lower than expected 0.2 per cent gain in US December retail sales as well as a firmer dollar. Market participants were reluctant to take positions ahead of today s US
      BA Futures  -  451 words
    • 207 9 IMM currency futures ended lower and near the bottom of session ranges on Friday. Prices dropped to new daily lows late in the session after remarks by West German Finance Minister Gerhard Stoltenberg boosted the dollar Mr Stoltenberg said that the current level fo the dollar was acceptable to
      207 words
    • 753 9 SINGAPORE: The US dollar traded yesterday in the range D-mark 1.8547/ 1.8450. yen 127.65/127.15, sterling 1.7701/1.7590 and 551.9451/1.9416, carrying over the firm bias seen in New York last Friday. West German Finance Minister Stoltenberg's remarks accepting the current dollar levels and expressing optimism about a Bush budget initiative,
      753 words
    • 110 9 Treasury bills Period Issue Yesterday's dosing Day's cod* Maturity MO OFFER HIGH LOW 3 HKxiftn 8Q*****H 13.04.89 3.85 3.80 3.84 3.77 6 months 1 yeoc BY*****H 23.11.89 4.17 4.12 4.15 4.10 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate M0 OFFER HIGH
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    • 65 9 THE OVERNIGHT rate on the Singapore money market fell 3/4 point to close at 4 per cent yesterday. One month fell 1/8 point, while two and three months each fell 1/16 point. S$ Interbank rates at the close yesterday: orm k> Ow"W* 4 17/1 l mort* S 3/1*
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  • Page 9 Advertisements
    • 203 9 AND YOU CAN FORGET ABOUT THE PRINTER Because we're going to give it to you. Absolutely tree! It you choose our PC JI or PCe we'll give you the 9-pin LX 800 printer, the compact one that prints 180 characters per second. It a ***** machine like our PC AX
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  • PERSPECTIVE
    • 483 10 BUSINESS TIMES TUESDAY, JANUARY 17, 1989 TWO IMPORTANT developments on the Indochinese scene have occurred in the past seven days. Early last week, Mr Siddhi Savetsila visited Vietnam, the first visit by a Thai Foreign Minister to that country in 13 years. Vietnamese Foreign Minister Nguyen Co
      483 words
    • 315 10 ECONOMIST Mukul G Asher sees issues in neat packages of "threes". Thus, he sees three interrelated and multi-dimensional challenges that need to be met as Singapore heads towards the 1990s These are: formulation of an appropriate growth strategy, which
      315 words
    • 1675 10  -  The Singapore experiment in the use of tax policy is fascinating to watch. Public finance specialist Mukul G Asher notes that priority is to meet the demands of a developmental state and to provide social security without introducing the social insurance principle.
      1,675 words
    • 1043 11  -  By R W APPLE Jr NYT NOT SINCE Dwight D Eisenhower has an incoming US president had more foreign policy experience than George Bush. As chief US representative at the United Nations, as American liaison officer in Beijing, as director of
      NYT  -  1,043 words
    • REGIONAL VIEWPOINTS
      • 395 11 Our weekly summery ol whet other publlcetlons have to sey about Issues of Internetlonel Interest. MALAYSIA THE anti-palm oil campaigners in the US are determined to fight the battle on all fronts even if it means feeding half-truths to the American public. Some of
        395 words
      • 313 11 THE GOVERNMENT has established a special Cabinet committee on financial management to investigate and check various forms of excesses, irregularities and abuses in government departments, agencies and statutory bodies. Comprising seven Cabinet ministers and two of the highest-ranking civil servants in the country, the recently formed blue-ribbon
        313 words
      • 295 11 THAI- VIET RELA TIONS DESPITE OUR ingrained scepticism developed after years of following the vagaries of diplomacy in seeking a negotiated solution to the Kampuchean conflict we think there is a reason for cautious optimism in connection with the initial understanding achieved in Hanoi between visiting Thai Foreign
        295 words
      • 192 11 INDONESIA THE OVERALL tax reform, launched in early 1984 within Indonesia's economic restructuring programmes, has recorded remarkable achievements. For the next fiscal 1989/90. for example, tax receipts from non-oil sectors will contribute almost 60 percent of the Rp 25.2 trillion total internal revenues Over 78 per
        192 words
    • 941 11  -  Vietnamese Vice-Foreign Minister Dinh Ho Liem flew to Beijing at the weekend for talks on all aspects of Sino-Vietnamese relations, the first such talks since 1979. This followed the visit to Hanoi last week by Thai Foreign Minister Siddhi Savetsila DAVID STOREY examines
      Reuter  -  941 words
    • 542 11 Reuter FEARING a massive influx of youths from China into the tiny Portuguese territory, Macau government officials were careful to give no warning of a recent limited amnesty for illegal immigrants. Despite the effort, word quickly spread through the villages of the Pearl River
      Reuter  -  542 words
  • Page 10 Advertisements
    • 153 10 U3dt(/CtfV 2&WIM 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 the necessary steps. Filling
      153 words
  • Page 10 Miscellaneous
    • 37 10 ix)\ureR Tvie TOYS THe. U£nTH££ the, FOG swills oveß THe nneTßopous Q high Ps&ove THE. povles RuDGE BuilDiMG THE. intßePjD BRo"rvtet? s (scaffolding TO Tne DiSCCGPteO TH£ iNCueraeiMT CONDITIONS.... s u ,.l' ftgeyou STILLTuege jiw' cs J7^
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  • LEISURE
    • 473 12  -  FASHION By SANDRA MALER STOCKINGS have come out of the closet in Britain. Shunned for years in favour of tights, stockings are enjoying a renaissance among British women and according to sales figures, three out of 10 women in London now wear them. "Stockings are not
      473 words
    • 339 13 Reuter be worn under a denim jacket or bright turquoise silk underwear," said Knickerbox spokeswoman Sarah Beerbohm. Hosiery dates back to the Middle Ages when tights were mostly worn by men but Britain claims the invention of the first manufactured stocking, by William Lee, a Nottinghamshire
      Reuter  -  339 words
    • 500 13 CINEMA The Economist FORGET ABOUT the latest interpretation of Hamlet. In another corner of the literary world a fiercer battle rages, over the character of Batman. Ever since Warner Bros announced its intention to make a big-budget feature film about the Caped Crusader, Batman
      The Economist  -  500 words
  • Page 12 Advertisements
    • 964 12 Where to entertain. Bubbling, Simmering, f o AT MING PALACE 7pm 10.30pm Select from: Fresh Big Sea Water Prawns Garoupa Meat Fish Balls Beef Chicken Cuttltish Crab Liver variety of vegetables variety of noodles SSl5+ per adult SSlO+ per child under 12 years. Umcll piino ruoirr hotel VHTJW* 1 Tanglin
      964 words
    • 260 12 TTie r ßest r oi t peria fID inaffi This month, you can enjoy sumptuous Guangdong, Sichuan and Beijing cuisines at the Pine Court. Our buffet tables are heavily laden with delectable Shark's Fin with Crab Meat, Baked Tench, Pan-fried Fresh Scallop with Chilli Sauce, Dried Prawns in Dried Red
      260 words

  • Page 13 Advertisements
    • 239 13 There's a cafe on a lush, green hi 11... where you can take a break Meet friends Relax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee. Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. And much more. At Cafe in the Park A© C entury Park
      239 words
    • 59 13 Unlock the secret of Black Tower. A delightfully fruity, light, white wine from the Rhine in Germany; preserved in a pre-Roman shaped, black bottle. 1 I I n %P* fi m i V\'\ Wr INK! i \r.4 *****4C3s OtC tuny flincc Roman ti< i rrn ihf fra&tttonal atone cru j(>\Vtß
      59 words
  • Page 13 Miscellaneous
    • 645 13 CRYPTIC PUZZLE ACROSS 3 TV series with many small parts (5) 8 Trumpeter's forename (5) 10 Discoloured numerals (5) 11 Aircraftman's service (3) 12 Slang for groat, possibly (5) 13 Eat away (4, 3) IS As In the leaves of tangled vines? (5) 18 Also a piece of candy (3)
      645 words
    • 1239 13 to OK© aaoQo Zeffirei's Ote*o from Stage to Screen, Channel 12, 10.20pm OUR CHOICE ZEFFIRELU'S OTELLO From Stage to Screen, Channel 12,10.20pm Controversy over Franco Zeffirelli's previous operatic films didn't stop Placido Domingo from joining the cast of Otello. The film-maker's La Traviata and Pagliacci outraged purists with their radical
      1,239 words

  • SPORTS
    • 371 14 GOLF AP STEVE JONES, given life by Paul Azinger's lapse on the last hole of the five-day tournament, birdied the first extra hole late last Sunday to win the US$l million Bob Hope Classic. Jones, a three-stroke winner in the recent
      AP  -  371 words
    • 165 14 SKIING AP WORLD CUP leader Vreni Schneider of Switzerland posted her 10th season triumph in a women's slalom last Sunday. extending her winning streak in the specialty to five races. Schneider, eighth after the 47-gate first heat, roared through the wind-up in the fastest
      AP  -  165 words
    • 415 14  -  BOXING By CHARLES SAVAGE THE LIGHTWEIGHT and featherweight under cards for the International Boxing Federation junior bantamweight title fight between Indonesian champion Ellyas Pical and American challenger Mike Phelps promise to be exciting matches. On Feb 25 at the National Stadium, Filipino
      415 words
    • 1089 14  -  TENNIS By BARRY WOOD MATS WiLANDER. the world No. 1, defending champion and top seed, had to fight his way through the first round of the Australian Open yesterday, eventually overcoming fellow Swede Tobias Svantesson 6-3, 2-6, 7-5, 5-7, 6-3 after three hours and
      1,089 words
    • 90 14 ATHLETICS AP TWO-TIME Olympic hurdles champion Roger Kingdom and pole vaulter Joe Dial share the men's overall lead after the first two meets of the US$2OO,OOO Mobil indoor Grand Prix track and field season. Each has 16 points. Kingdom, winner of the men's 110 m high
      AP  -  90 words
    • 254 14 BASKETBALL AP RORY SPARROW scored 20 points, including four foul shots in the final 19 seconds of double overtime, and Miami rallied from an early 29-point deficit to beat the Indiana Pacers 118-117 last Sunday, ending the Heat's 10-game losing streak. The Expansion Heat, whose 4-31
      AP  -  254 words
  • Page 14 Advertisements
    • 647 14 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND NABISCO COMMODITIES (SINGAPORE) PTE LTD At an Extraordinary General Meeting: of the Company held on 9 January 1989 at 4 Chin Bee Drive. Jurong, Singapore. 2261 the following resolutions were passed:SPECIAL RESOLUTION WINDING-UP That NABISCO COMMODITIES (SINGAPORE) PTE LTD
      647 words
    • 483 14 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF TYRWHITT REALTY CO. PTF I Tn (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company duly convened and held at 52A, Telok Ayer Street Singapore 0104 on
      483 words
    • 554 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AMERLON TRADING (S) PTE LTD (Incorporated In the Republic of Singapore) (MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act (Cap. 50) that the Final
      554 words
    • 483 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TRI INDUSCOM SERVICES PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of TRI INDUSCOM SERVICES PTE LTD duly held and convened at 36 Phillip Street #02-00 Leong Chuan
      483 words
  • Page 14 Miscellaneous
    • 113 14 Putting IN PUTTING I HAVE MY STANCE A LITTLE BIT OPEN WITH THE LEFT FOOT DRAWN BACK FROM C THE TARGET LINE V I ALSO HAVE THE BALL VV OPPOSITE THE SIDE OF I k THE LEFT HEEL 7 1 HkW A V''' \M MY LEFT EYE IS 1 IMMEDIATELY
      113 words

  • COMPANIES & STOCK MARKETS
    • 588 15  -  By MAGDALENE NG ANOTHER FACET of the restructuring of trading group See Hoy Chan (SHC) has emerged this time involving the groups Malaysian listed vehicle, Paramount Corporation Bhd. Paramount announced yesterday a number of major changes to its board of directors involving the
      588 words
    • 312 15  -  By ANDREA BORCH IN THE midst of controversy surrounding the sale of Meridien Singapore, Hotel Properties Ltd said yesterday it has taken possession of the hotel in Orchard Road following the payment of the balance of the purchase consideration of $162.18 million to Societe
      312 words
    • 556 15 NST MALAYSIAN PLANTATIONS Bhd has many strong points which makes it a prized acquisition, according to Kamunting Corporation Bhd's executive director Mr Lim Thian Kiat. He said high on the list is the fact that it not only has little borrowings but
      NST  -  556 words
    • 596 15  -  By ROSIE TAN EXPANSION-MINDED Singmarine Industries Ltd, part of the Keppel Group, has entered into separate agreements for $31 million worth of acquisitions to be satisfied through the issue of 20.1 million new Singmarine shares. Part of the new shares will be offered to shareholders
      596 words
    • 198 15 Bernama MBf INTERNATIONAL Ltd. a wholly-owned subsidiary of MBf Holdings Bhd, is selling its 29 per cent stake in MBf Leasing Sdn Bhd for a cash consideration of Ms7.l million to Malaysia Borneo Finance (Australia) Ltd. Malaysia Borneo Finance (Australia) Ltd is a
      Bernama  -  198 words
    • 107 15 GRAHAM Zacharias has been appointed managing director of Bousteadco Singapore Ltd effective from Jan 1. Mr Zacharias, who became deputy managing director six months ago, succeeds Mr Ken Wallen, who retired after two years in the top position. Bousteadco said Mr Wallen played a key
      107 words
    • 536 15  -  by MAGDALENE NG THE SAMTA GROUP has bought a substantial stake of 10 million shares in Sim Lim Investments Ltd (SLI) at $0.80 a share. The counter yesterday closed at 75)4 cents. The $8 million purchase gave Samta
      536 words
    • SES
      • 773 16  -  By MtCHELLE OH SHARE PRICES continued to climb for the eighth consecutive day in active across-the-board trading. Interrupted only by sporadic profit-taking, most of the action again focused on Malaysian shares and second-and third-liners. The Straits Times Industrial Index crossed
        773 words
      • 104 16 BATl) KAWAN BERHAD: 24th AGM at the Registered office, Wisma Taiko, 1 Jalan S P Seenivasagam, ***** Ipoh on Saturday. Jan 21 at 12.30 pm. MALAYAN BREWERIES LIMITED: 55th AGM at OCBC Centre, 19th storey on Tuesday, Jan 24, at 11.00 am. ELECTRO MAGNETIC (S) LTD: 7th AGM
        104 words
      • 319 16 Managers' prices MARA-Bumiputra for Jan 17 First B'putra 676 681 Singapore Unit Trust Second B'putra Third B'putra 111 453 616 458 The Commerce 1 02 108 Fourth B'putra 536 5.41 The Savings fund 090 095 Filth B'putra 297 302 S'pore Prog Fund 039 043 Sixth B'putra 3.65 370
        319 words
      • 18 16 Company RIGHTS ISSUE Tongkah Hldgs On%tor on* $100 E« dot* ion 6 Boob dot*; Jon 20
        18 words
      • 331 16 Company RIGHTS ISSUE C 1 Holdings 27 million loon docks in t* i* ratio of $3 loon Stock tor *v*ry tiv* ordinory shoras h»td Causeway Inv tssu* ot $7,252,937 nomine* 1 amount of 6% loo" Slock 1969/94 on lh* bosis of $1 nominal amount ot loot i stock
        331 words
      • 5800 16 1968/89 High Low Tel Code Company Last Sale JAN 16 orVol (•000) Day High Low Last Quote Buyer Seller Gr'a Dlv Dlv C'vr Gr'a VW Net P/E M Cap Smll SESDAQ 187 120 170 60% 110 130 78% 199* 144 92 135 126 122 114 t 70
        5,800 words
    • KLSE
      • 3359 17 SHARE prices on the Kuala Lumpur stock market finished firm yesterday as late bargain-hunting drove share prices to yet another post-Crash high in moderately active trading. Except for plantations, all other sectors of the stock market registered gains. Reflecting the better performance, the widelyfollowed New Straits Times
        3,359 words
    • REGIONAL MARKETS
      • 181 18 Reuter BUYING BY state-owned financial institutions helped shares in Bombay gain ground in cautious trading yesterday, brokers said. There was little other support, however, as the market kept to the sidelines to await the outcome of elections in three Indian states, including southern Tamil Nadu, next weekend.
        Reuter  -  181 words
      • 143 18 Reuter SEOUL STOCKS dropped sharply across the board yesterday in moderate trading as investors took profits from Saturday's big gains, brokers said. The composite index stood at 887.59 near the close, down 18.03 points from the previous session's close. Turnover was 303.9 billion won against 211.2 billion
        Reuter  -  143 words
      • 162 18 Reuter THE SECURITIES Exchange of Thailand Index rose 5.27 points to 424.46 yesterday on a turnover of 9.043,960 shares worth 798.26 million baht. JAM 1« BAHl Ao Kham Thai 400 Ayudhya Invaatmaol 30 Bangkok Agro-lnd 105 Bangkok Bank 293 Bank Of Ayudhya 35fl Charoong Thai Wire Cable
        Reuter  -  162 words
      • 392 18 Reuter TAIWANESE share prices eased in early trading yesterday as limited profit-taking set in after Saturday's sharp gains, dealers said. By mid-morning, the weighted index had slipped 19.36 points to reach 6,044.19 against 6,063.55 logged on Saturday. Declining issues led gainers by 106 to 50. Dealers
        Reuter  -  392 words
      • 80 18 Reuter SHARE PRICES in the Philippines yesterday rose in anticipation of a firmer and more active market, brokers said. "The momentum is building up for more active trade next month," said Harry Liu, executive vice-president of Dao Heng Securities Inc. The composite index at the Manila Stock
        Reuter  -  80 words
      • 483 18 Australia THE BULL RUN on the Australian share market came to a halt yesterday on weaker metal and futures prices, dealers said. A gloomy combination of expected poor Australian December current account figures to be released tomorrow, US trade figures on Thursday and thin volumes in
        483 words
      • 1232 18 Hongkong HONGKONG STOCKS closed higher yesterday but below their morning peaks as the market tried to consolidate on last week's gains, dealers said. The Hang Seng Index rose 12.69 to 2,856.67 after peaking at 2.878.53 at noon. The broader-based Hong Kong Index rose 7.48
        1,232 words
    • INTERNATIONAL COMAPNY NEWS
      • 262 19 AFP CONSULTANTS APPOINTED by the Asian Development Bank have estimated the value of Philippine Airlines at 6.2 billion to 9.9 billion pesos (US$29l million to US$464 million). The state-owned airline, which has total debts of 12 billion pesos, is to be privatised
        AFP  -  262 words
      • 853 19 NYT THE SUSPENSION last week of two large companies in the arms industry from doing business with the US federal government has overshadowed a far more prevalent trend, a steady increase in the number of small companies being banned from
        NYT  -  853 words
      • 705 19 Reuter ZURICH: Swiss shares closed steady to lower In fairly moderate trading yesterday, dealers said. The firmer dollar and the higher close on Wall Street on Friday had little impact on the market. Basic sentiment remained positive but investors appeared generally cautious. The Swiss Market Index of
        Reuter  -  705 words
      • 626 19 Move follows alleged breach of agreement by GEC Reuter BRITISH electronics group Plessey Co pic said it has launched efforts to win control of GPT, the £1.8 billion telecommunications business it owns jointly with General Electric Co pic. Plessey served formal notice on
        Reuter; FT chart  -  626 words
      • 183 19 AFP A TAKEOVER bid for leading New Zealand company Brierley Investments Ltd is unlikely despite increased trading in the company's shares in the past month, brokers said yesterday. Company secretary Mark Morton said that around 5 per cent of the company's shares had changed hands in
        AFP  -  183 words
      • 176 19 Reuter DANISCO A/S, De Danske Sukkerfabrikker A/S and De Danske Spritfabrikker are to merge, a Copenhagen stock exchange spokesman has said. He explained that the companies had told the exchange of their plans yesterday morning, and trading in their shares would not be suspended. Company officials were
        Reuter  -  176 words
  • Page 15 Advertisements
    • 510 15 CURRENCY INVESTMENT AMERICAN EXPRESS HANK TEL: 321 3333 APPOINTMENTS S3 DBS SECURITIES Member Company of the Stock Exchange of Singapore Ltd Applications are invited from suitably qualified candidates for the positions of: DEALERS/TRAINEE DEALERS Candidates should have: Either several years of dealing experience on the Singapore/Malaysian Stockmarkets or other relevant
      510 words
  • Page 15 Miscellaneous
    • 33 15 k/SUr, 7& 4U- /M^T" cy=F.. '<4^ iw F^> T&fa/ tfe W7P/C&, 6r/U/£~us £X£# A /IA/O t*/£-4 U- W&A/r 7& tvtxx.. ■SWA UMBO /W. rsiL ft*£-A jpocrrA/e 3/& A<? C/OC T t*/A<?/V7~ /A/Wr^P.. /y*Y
      33 words



  • Page 18 Advertisements

  • Page 19 Advertisements
    • 570 19 X The Nippon Credit Bank, Ltd. (Incorporated in Japan) M®®' Office: 13-10, Kudan-kita 1-chome, Chiyoda-ku, Tokyo 102, Japan. BALANCE SHEET March 31. 1988 and 1987 Millions of Yen assets Cash and Due from Bonks Call Loans Securities Trading Securities loans and Bills Discounted Foreign Exchanges Other Assets Premises and Equipment
      570 words

  • 439 20  -  Personal savings accounts for children under 12 By ALVIN TAY THE OVERSEA-Chinese Banking Corporation is launching a joint promotion with McDonald's starting on Thursday to encourage savings among children below the age of 12. An OCBC spokesman declined to give details of the
    439 words
  • 440 20  -  By JOHN THOMAS SINGAPORE businesses for whom certain chemicals that damage the earth s atmosphere are vital, can breathe easy because of two global treaties Singapore has signed and a move being made at the Asean level. Joining the two treaties to
    440 words
  • 91 20 PRESIDENT Wee Kim Wee underwent successful surgery for the removal of a cancerous growth yesterday morning. Mr Wee was admitted to the Singapore General Hospital last week and found to have a cancerous growth in the rectum. "President Wee's condition after the surgery is satisfactory
    91 words
  • 214 20 Bernama AFP THAI PREMIER General Chatichai Choonhavan will call on Malaysian Prime Minister Datuk Seri Or Mahathir Mohamad tomorrow during his stay in Kuala Lumpur for the 33rd MalaysiaThai General Border Committee (GBC) meeting that began yesterday. A National Security Council spokesman said Gen Chatichai,
    Bernama; AFP  -  214 words
  • 246 20 Bernama THAILAND'S imports of Malaysian logs and sawn-timber are expected to increase this year following the Thai government s move to impose a nationwide ban on domestic logging, direc-tor-general of the Malaysian Timber Industry Board (MTIB) Haji Baharuddin Ghazali said yesterday. "Imports
    Bernama  -  246 words
  • 126 20 AFP INTERNATIONAL tourist arrivals in the Asia-Pacific region soared 13.8 per cent in 1987 from a year earlier, over twice as much as the world average of 6.5 per cent, a survey said. The report, by American Express International, released yesterday said Singapore was the world
    AFP  -  126 words
  • 181 20 AFP NORTH KOREA yesterday accepted South Korea's proposal for a bilateral prime ministers' meeting to discuss issues of confidence building and tension reduction. At the same time South Korean National Unification Minister Lee Hong-Koo told President Roh TaeWoo that a comprehensive policy for
    AFP  -  181 words
  • 199 20 Reuter THE SOVIET UNION yesterday accused Pakistan of interfering in Afghanistan and said that it would continue sending arms and other supplies to the Kabul regime even after the remaining Soviet troops withdraw from the country by the middle of next month. Soviet Foreign Minister
    Reuter  -  199 words
  • 435 20 AFP CHINA confirmed yesterday the arrival of the most senior Vietnamese official to visit Beijing in more than 10 years and the opening of the first direct talks in a bid to settle the Cambodian problem. A Chinese foreign ministry spokesman quoted by
    AFP  -  435 words
  • 130 20 Reuter VIETNAMESE leader Nguyen Van Linh will visit India next week and hold talks with Prime Minister Rajiv Gandhi expected to centre on efforts for a Cambodian settlement. Indian officials said in New Delhi yesterday. They said three rounds of talks were scheduled
    Reuter  -  130 words
  • 157 20 AFP A FRENCH parliamentary mission assured Malaysian officials yesterday that the formation of a single EC market in 1992 would not affect trade with countries outside the European Community. The assurance was given by delegation leader Jean Fran-cois-Poncet in a meeting with
    AFP  -  157 words
  • 219 20 Bernama PHASE ONE of the Johor Causeway expansion project will start on April 15 for completion in 15 months. Malaysian Highway Authority (MHA) director-general Datuk Mustaffa Ahmad said yesterday. Eleven contractors have tendered for the job, with quotations ranging from
    Bernama  -  219 words
  • 319 20 Bernama BANK NEGARA has assumed control of another financial institution, First Malaysia Finance Bhd (FMF), from yesterday. The central said in a statement that the move was also part of its overall strategy to restructure ailing financial institutions and in line with its
    Bernama  -  319 words
  • 124 20 Reuter MALAYSIA has contained its external debt despite the fall of the ringgit against major currencies, Finance Ministry secretary-gen-eral Zain Azraai Zainal Abidin said in Kuala Lumpur yesterday. Malaysia's debt-service ratio rose to 16.2 per cent in 1968 from 14.8 per cent in 1987 but
    Reuter  -  124 words
  • LATE FILE
    • 62 20 Reuter A WEST German government report on the economy forecasts an inflation rate of up to 2.5 per cent this year compared with an annual rate of 1.6 per cent in December, official sources in Bonn said yesterday. The report sees GNP growing a real
      Reuter  -  62 words
    • 55 20 Bernama A GROUP of former Umno members in Perak led by exAssembly Speaker Datuk Abdul Malek Ahmad yesterday rejected any effort to absorb them into New Umno on the basis of the six resolutions of the Johor Malay unity forum accepted by the New Umno
      Bernama  -  55 words
    • 36 20 AP OPPOSITION politicians hurled chairs, ripped out microphones and tore up documents in a tumultuous one-hour demonstration in Taiwan's Legislative Yuan yesterday in protest against a government-sponsored Bill for retiring legislators. AP
      AP  -  36 words
    • 44 20 Bernama MALAYSIAN Police yesterday arrested 57 Penans in Sarawak's Miri Division on suspicion of involvement in blockades at two roads in logging areas. Their arrest brings to 81 the number picked up for similar reasons since last week. Bernama
      Bernama  -  44 words
    • 38 20 AFP THE IRANIAN authorities recently executed more than 200 political prisoners in a new wave of mass killings, the leading Iranian opposition group. Mujahedeen Khalq, charged in a statement issued in Iraq yesterday. AFP
      AFP  -  38 words
    • 50 20 Reuter CHINA has launched a fresh drive to halt corruption in the Communiat Party and government. The People's Daily and other official newspapers yesterday published front page accounts of a top party meeting which lamented that a year old anti-corruption campaign had so far failed.
      Reuter  -  50 words
    • 57 20 AP PRESIDENT Ranasinghe Premadasa has cancelled all ceremonies connected with next month's anniversary of Sri Lankan independence to save government funds for an anti-poverty programme. The state-run radio yesterday said that the Feb 4 military parades, gun salutes and processions of school children were cancelled for the
      AP  -  57 words
  • 98 20 Reuter COMEX gold futures yesterday rallied to unchanged on early buying which might have been linked to Middle Eastern activity in overseas markets. The February gold contract rebounded to last Friday's close of U*****.50 an ounce from an opening low of U*****.50. Analysts said the tone steadied on
    Reuter  -  98 words
  • Page 20 Advertisements
    • 144 20 Focus on insurance IN RECOGNITION of the increasingly important role played by the insurance industry in Singapore, BT will publish its first Insurance Supplement on Jan 26. The theme will be "Meeting the Challenges of the *****". Senior executives and leading professionals in the industry have been invited to contribute
      144 words
    • 173 20 Laadar, PAQE 10 Way to regional paaco, PAQE 11 Th« »Jtv*r report wm not available at pra— Mm# V INTERACTIVE INFORMATION TECHNOLOGY PROGRAMMES rr in ft DATA I TECHNOLOGY MANAGEMENT EDUCATION A SEMINARS (JANUARY FEBRUARY) SENIOR MANAGEMENT SEMINARS A EDUCATION LOCAL AREA NETWORKING Features Advantages, Intro to LAN/WAN Its Fundamentals
      173 words

  • SHIPPING TIMES
    • 112 21 BY THE END of the first quarter this year, Nedlloyd will have completed the phasing in of 1,050 new reefer containers for the Australasian trades. The reefer units are the latest Daikin models with a cubic capacity of 27.9 cbm and payload of 23,920 kg
      112 words
    • 335 21  -  By G DURAIRAJ TOTAL TRAFFIC at Penang Port during the first nine months of last year rose 5.5 per cent to 6.25 million tonnes, compared with 5.93 million tonnes during the same period in 1987. The increase was aided by a surge in traffic during
      335 words
    • 292 21 HYUNDAI Merchant Marine will not appeal against the European Community decision to levy stiff fines for rate dumping on the EuropeAustralia trade. The EC Council of Ministers has approved the commission's penalty proposals shortly before expiration of the mid-Jan-uary deadline for action. HMM
      292 words
    • 221 21 AFP A SUBMERSIBLE capable of diving deeper than any other underwater vehicle was unveiled in Japan. The Shinkai 6500 was built by Mitsubishi Heavy Industries Ltd at its Kobe shipyard at a cost of 12.5 billion yen (US$lOO million). The three-man research vessel is to
      AFP  -  221 words
    • PORT SIDES
      • 99 21 AFP THE US Navy ordered another warship from the Gulf, citing the continuing cease-fire between Iran and Iraq. US Defence Department spokesman Lieutenant Colonel Keith Schneider said withdrawal of the USS Josephus Daniels, a guided missile cruiser, would leave 14 US ships inside the Gulf
        AFP  -  99 words
    • 896 22 The Japanese shipbuilding industry is expected to return to profitability next year. According to a report by the influential Baring Bros, the oil tanker market will be a key factor in worldwide shipbuilding. This article looks at the reasons for the recovery. Lloyd's
      Lloyd's List  -  896 words
    • 806 22 A8 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-Canoda line VII 4/5 Bait-Orient line
      806 words
    • 557 23  -  By FLORENCE CHONG THE China Ocean Shipping Company (Cosco) will open a new office in Brisbane, following its decision to run direct freight service from Australia to Japan from next month. The new services have been made possible by rescheduling its
      557 words
    • 423 23 Reuter CHARTERING of very large crude carriers out of the Mid-East Gulf is picking up again to more normal levels after a fairly slow start to the year, but rates have shown an easier tendency with adequate tonnage available
      Reuter  -  423 words
    • 174 23 Reuter Reuter Reuter THE 3,946-dw tonne Pana-ma-registered freighter Rainfrost was ablaze off the Canary Islands port of Las Palmas, shipping sources said. The freighter, which was empty when fire broke out, was towed out of port. The crew was unhurt. THE Turkish vessel Morkoc (7,050 tonnes dw,
      Reuter  -  174 words
    • 273 23 AFP AN EXPECTED fall in enquiry did not materialise over the past week on the tanker market, London brokers E A Gibson said in their latest market report. Demand had been expected to decrease as a result of the OPEC agreement to reduce production to 18.5 million barrels
      AFP  -  273 words
    • 182 23 Reuter SEA CONTAINERS Ltd expects to report net income from operations for 1968 of U553.75 to US$4 per share and total net income of about US$6 per share, up from 1987 net of US$2.l6 per share. The 1988 net figure will include a gain
      Reuter  -  182 words
    • 87 23 Reuter GREECE and Bulgaria initialled a 10-year economic cooperation pact designed to boost trade and industrial cooperation, the National Economy Ministry said. The pact focuses on developing trade exchanges, strengthening industrial cooperation and Bulgaria's relations with the European Community and the General Agreement on Tariffs and
      Reuter  -  87 words
    • 1230 28 Chartering on the dry cargo freight market centred on timecharters. white the single voyage sector was extremely quiet at the end of the week, brokers said on Friday. There was vague talk that grain may have been fixed from the US North Pacific to Far Eastern ports, but
      1,230 words
    • 2850 28 LAMHUS Vlwtlaye Oleeegebl. Jpn 14/17 'alembeng. Otaaagalrl. Jan 16/1* Her. PtO Conuimt Jan It Deaka Bay. Hapog-Lloyd. Jan It. /Ma Da Jupiter. CMA. Jan 11. Ming Prominence. Yang Ming Line. Jan 21 Axal M. Maarak Llna. Jan 21. Kutal. Olaaagotri Jan 2V2t
      2,850 words
    • 1139 28 AT CONVENTIONAL WHARVES JUROMG PORT A MAanrgo M atongad* 1701 /2300 Vaaaal B*rH 1 Arrival Dapartura TroMbak ill V a>^ d T 1701 AMOO 1701/0700 KEPPEL WHARVES Uzfcgont m oion0uO* 1701/0600 Adko Adtrofo K20 1701/1830 Bratanon Eiprw Moo Huong Do iii I70IAJ7® 1701/TOO Bofter Nora cm IB
      1,139 words
  • Page 21 Advertisements
    • 782 21 v J TIMES I, STP Distributors Pubh%hirHf Group OOCL Dedicated to Quality 5e JAROINE SHIPPING AGENCIES (NEW CR NO IS 3242K4Q800C) 200 Cantonment Road #12-05 Southpomt, Singapore 0201 Ttl *****11 TELEX NO RS ***** TERMINAL/CFS Tii *****11 220 BOOKINGS Tel *****34 235 PCSAKA JAROINE SNIPPING AGENCIES SON BHD PORT KELANG
      782 words
    • 95 21 JAPAN'S shipbuilding industry has been in the doldrums since 1984 when the demand for new ships started to decline and at the same time Japan's share of the world newbuilding market began to fall. However, more favourable times for Japanese shipyards are ahead. Page II THE China Ocean Shipping Company
      95 words
    • 665 21 vV v TIMES STP Distributors pOg 9P MAERSK LINE eta eto Singapore Thla week LMa M Cloemg Tim* CY 24/1 0700 MRS CFS 23/1 2100 MRS LEDA M 8802 MM 2 LICA M 8902 31/1 MARIT M 8902 7/2 MARCMEN M 8804 14/2 1 MARQRETHE M 8802 21/2 2 LOUIS
      665 words

  • Page 22 Advertisements
    • 663 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT 1 P KELANG I SOUTHAMPTON PILAR OSAKA BAY TOLAGA BAY NIPPONICA HONGKONG EXPRESS PROSPER CITY OF EDINBURGH ALSO ACCEPTING CARGO TO: AIL UK INLANO DESTINATIONS, BELFAST. DUBLIN, COPENHAGEN, AARHUS. GOTHENBURG, MALMO, HELSINKI, OSLO. AMSTERDAM, CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT CALLING 'TYO ia/2,
      663 words
    • 18 22 Lines and services represented by A'aflßßft&s, Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      18 words
    • 569 22 POLISH OCEAN LINES js{ Agents Optorg Shipping Pte Ltd Singapore Te! 2223 M *p feng 361*01? J r T e, ,S.{ I,SS >*'1 '*****3 '*****3 FlI ..5M31 Pf irj OUK Vtiaol/VOYACE SOHLAND 10*1 0 GROTEWOHL I*9 BUS TKY tsm am 05*2 07/02 EXPORTS DIRECT CONTAINERISED SERVICE TO CANARY ISLANDS VESSEL/VOYAGE
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  • Page 23 Advertisements
    • 1177 23 The Straits Steamship Group P&O Containers CONTAINER SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok CONTAIWERSHIP SERVICES TO/FROM BANGKOK SPO«E B'KOK PEGASUS PIONEER VIM 14-11 Jm 7122 Jan Pf CASUS PROGRESS VttSN 21-24 Jan *-V Jan BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 SINGAPORE TO
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    • 619 23 EUROPE i=i' 'ir7¥7n tdi 1 mu i. in TTfl SENATOR LINK General Agent: USA/PANAMA I -BIIF WA Ml 17.1t M.12 «a m 11.11 2112 ■a m mji aui ■A M 4 I7JI IUI TI/FM SR. LAX. OL MA. W. TAB. ITC. 2112 21J1 MJI MM 23 .11 lIK TO USA/CANADA
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  • Page 24 Advertisements
    • 357 24 HXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading for:IRAN MCELAO V 672 ETA 27/1 BANDAR ABBAS Tkyowal KYOWA LINE MOTHER VSL KYOWA VIOLET V 23 KYOWA HIBISCUS V 35 PACIFIC SERVICE HK LOAO FOR: 30/1 VILA. NMA, LTK. SUVA. PAGO. APIA 1/3 VILA. NMA.
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    • 758 24 HANJIN SHIPPING CO., LTD. H I V CONTAINERISED SERVICE TO EUROPE VIA SUEZ To: PACIFIC SOUTH WFST m mm r lmk mai vn pus, ut NAiuiN: a/l PUS. KCf HANJIN I W PUS. HANJIN I MI PUS UU OA* 1/2 *7 17/7 I*2 I*2 m ut w u/i w I
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    • 66 24 THE PAN-ISLAMIC STEAMSHIP CO. LTD. SAFINA E NAJAM II j« n KARACHI WORLDWIDE PACIFIC MARITIME (PTE) LTO. TEL *****11 E LIN LIN SHIPPING PTE. LTD. 1. fefuine Ron) *K 0* Central BuiMinf Si nfapart 0105 Ttl U3MI4 I UJM?: AEEKI* SERVICE S °0"E *0 XUCMIKG S.OLJ SARiKEi PAS* GUOANC. Aftnts
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    • 869 24 jnirrino urabs, mesaay, .January i/, isj«» w Leas EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVE* GENIUS EVER ***** EVER GENTRY EVER GATHER EVER GOVERN EVU GARDE N EVER GATHER EVER GAROEN SCP HKG KSC 1W w w »ai 31/01 tm mm mm mm 10*2 l*r IVQ2 urn am
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  • Page 25 Advertisements
    • 773 25 YC PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE VESSEL SEA HAWK SEA HAWK SEA HAWK VESSEL KOTA MAWAR KOTA MAWAR KOTA MAWAR KOTA MAWAR KOTA MAWAR SIN SMO SSY SIN IS/1 >1/1 23/1 2S/1
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    • 266 25 CHINA OCEAN SHIPPING COMPANY KK PGO P.KI| Pen 2tn loading tar Rotterdam/ Antwerp Penang Pklf Spar* BU Hkf S'hai Qingtfjo SHAN CHENG 23/1 17/1 24/1 27/1 3/2 7/2— YANC FANG KOU 17 77/1 I*l 2/2 *2 14/2 Accepting fCL Cargo far all other Chlnete part* all inland crtwt in Cmnfdcng
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    • 530 25 la BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT tjvm. CMy Etfinburfh STON NAM R'HAttN ROM MAVKt m m un un w un v in un un an an an an on an an an an on an w w V 3 M *1 www *n m un un un
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    • 580 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUOERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTMNERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY KUTAI/16WB S. PANJANG/21WB ANTWERP H'BURG/ ROAM/AOAM BREMEN nil 3/3 29/3 1/4 SutoJ** lo Inducement. Also accepting cargo lo Caeablanca, Port Said, Port Alexandria, Genoa.
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    • 408 25 BOUSTEAD SHIPPING AGENCIES L ASM tO VUB pa an nm pagan mm HTONEYWA V743W BURMA FIVE STAR SHIPPING CORPORATIim (Burmese National Line) Loading for Rangoon P.Kelang Panang Bangkol U/IiJM n/a Jan BANK LINE IVYBANK V23N Sfff. 1 r.99W TAI WER HEAVY LTrnrAPXfiTlJTy^ UKC SPORE ROAM HULL HMBC 25/1 23/2 2/3
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  • Page 26 Advertisements
    • 696 26 Q K LINE KAWASAKI RISEN KAISHA. LTD. Mm f?-* ORIENTAL FAITH/ RAINBOW BRIOGE 16 ORIENTAL FRIENOSHIP ORIENTAL FORTUNE AMBASSADOR BRIDGE VIA FEEDER ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIOGE ORIENTAL FORTUNE VIA FEEDER Bfg*; >■; \y [feeder vessel I ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE N. AMERICA-ATLANTIC COAST VOY
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    • 253 26 to. ft 4s *1 GOLDENWAY MARITIME SDN. BHD. ETA MARITIME No 1 Vl/89 In Pod 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 Min/Kuching 27/1 Kuching/KK/Labuan Tel *****80. *****84 *****88 Fax
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    • 462 26 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL7FCL Containers Smgapora P Kttanf Panang loading lor. Mo»m W By Faadar By Feeder TULSIOAS V 39 4 Feb a Jan a lan Frwi/kWt/Sydn/AM KALIDAS ¥.41 4 Mar Fab Feb Fram/Maft/Sydn/AtW TULSIOAS V4O 4 Apr War Mar Frem/Melb/Sydn/Adel KALI OAS V 42 4 May a
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    • 549 26 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD a. Tttok Ayw Strot SINGAPOM 0104 TIL U43W (M LINES) Til UUSO4 STRAITS/PERSIAN GULF SERVICE: OOLOCN BLA* Colombo/Karachi! Ouba COL DC N HARVEST Karacfc/DuDftlßakra* CHINA SERVICE A VESSEL Muaofpu/ Shanftui (Ml TUN SHAN Qmgdao P Kdanj Penanf CHINA OCEAN SHIPPING CO., PEKING THE
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    • 440 26 I® PHIU-OniCNT LIN €5 PTC LTD HE AO OFFICE 63 ROBINSON ROAD 07-12 AFRO ASIA BUILDING SINGAPORE 010S TELEX RS ***** PHILI FA* *****76 JEDOAH (LCI) WEEKLY AQABA, HODEIDAH wal'ifr* iM 2S/1 MOMBASA, DARESSALAM ASSAB BEIRA, TAMATAVE, P SUDAN REUNION. TANGA, P. SUEZ 1 ABIDJAN, DOULA. DAKAR. I 21/1. 30/1
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  • Page 27 Advertisements
    • 1168 27 Agents Spore NEPTUNE AGENCIES PTE. LTD. Garwal Bookings Bookings Inward/ Terminal CFS Enquiries Ft EU/AUSr IP* SEA Outward *****22 ***** *****77 *****53 *****42 *****44 *****19 *****16 *****18 *****48 NOL NEPTUNE ORIENT LINES LTD NEPIME SON BHD PKelang K Lui.ipur *****8/ *****33 Penang J.Bahru *****5 *****0 *****0 *****1 *****1 *****2 EXPORT
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    • 723 27 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 ***** Pf NANG P. KELANC *****nf toysw S" 5 HANtKINC SVST co sow BHD pa£b fnn*Mf tnL iuS
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  • Page 28 Advertisements
    • 211 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 (34 lines! FAX *****39/*****76 TtIEX HS ***** A/B SSCMA. RS ***** A/B SSCAD DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE HA LARNACA: ACCEPTIN6 CARGO FOR UMASSOL, BEIRUT, lATTAKIA, ALEXANDRIA, PORT
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    • 72 28 ff T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TS KLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. RABUKI V-17 ETA SIN 14/1/8* SPORE KAOHSIUNG KEELUNG TOKYO SHIMI2U -> NAGOYA KOBE r TSKLINE AGENCIES (S) PTE LTD TEL: *****68 W MALAYSIA AGENT: TRANS-ASIA SHIPPING CORP TEL: K.L. *****77,
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    • 146 28 PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT KLANG PENANG LALAZAR 9-11/1 KAPTAI 22-24/2 SUNDERBANS 21-23/3 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN P BAHRU JAMBI TBN 14-15/1 16-17/1 IS-19/1 INDONESIA COLOMBO ft
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  • Page 28 Miscellaneous
    • 167 28 ill 3 Regional Weather m v. s fl t: •1 r u '-4 ft 4' sM 1 dP. l««: SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AM. J«i 17,11 R Thundef*tocm Temperature c A Weother W«wJ cVe< tiori with *<>eed «knot* ROin Wov f^y,, Cloudy Sky h h Svrioce wmtdt
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  • Page 29 Advertisements
    • 513 29 JtfFARGO SHIPPING TeI:SS4 QISS ABC CONTAINERLINE N.V. WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: BRUSSEL 217 ETA 28/1/89 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 15 Days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN C. VeroiflW 219 TNT Eipres 221 tmrmEZMEMEMiTMnM AGENTS: FARGO SHIPPING COMPANY
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    • 249 29 IPS LINE CHTTGONG/CALCUTTA/CBO/KARACHI REGULAR CONVENTIONAL LINER SERVICE muvm HuoHo-vn IS""' mm oooocm-vpi in nn calcutta AMOMKA PAMAMITA VM I*l KAAACM COMMM-VFI «M lin CALCUTTA CHfTT AOOMQ l<— t|K up to 10 Tom And A* Vata Mm 1* |Mn. CSP SHIPPING AGENCIES PTE. LTD. TEL: *****66 (16 Lines) Tlx: ***** CSPFRT
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    • 663 29 n Tatsumi Marine I DIRECT SAIUNG TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct can to other ports sub/eel to inducement (also accepting transhipment cargo OROBAY MADANG. KI6TA. WEWAK KIMBE RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Tel: *****77, *****34, *****71 HP. OmCfc T* MARINE SERVICES PTI. LTD. (TPORE) TIL:
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    • 168 29 <c«> CRYSTAL S®GHTSERVICE V T* nmu Ih 43M1 CFM FU *****U BOOKING: *****22 PLUSCOL INT EN AT 10NAL PTE LTD TEL: 223 9988 THE BEST DIRECT/TRANSHIPMENT RATES JAKARTA 11/1 28/2 SURABA YA 20/1 28/1 BELAWAN 21/1 25/1 BANGKOK 20/1 24/1 PT KELANG 21/1 25/1 PENANG 21/1 25/1 PERKINS PERKINS SHIPPING
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    • 231 29 F= UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE IMQI S T 4T| (NTfMDISi »0« IH'TIWf TR*NJPO«T WEST BOUND SERVICE MV SINDBAD 5/2 DM Qatr/Basrah; Baghdad THROUGH B/Lt to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA i BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING
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  • Page 30 Advertisements
    • 409 30 Hai Sun Hup Co (Pte) J rEI *****06 (20 Linesi TLX HS ***** RS fc. I \Sll k\( \K[ IM K I I I). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT* Hong Kong Yokohama L Nagoya Osaka Senbofcu Mizushima •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS,
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    • 586 30 "jaCHO YANG LINE express FAR EAST/EUROPE FULLY CONTAINERISED SERVICE WESTBOUND L RM ham CHOYANG SUCCESS IW 21/1 1/2 WP HANJIN ROTTERDAMIW 4/2 22/2 23/2 24/2 KOREAN JACEJIN 47W U/2 1/3 S/3 M/ 3 QUEENSWAY BRIDGE 7W 4/3 22/3 23/3 24/3 Also icccpting (or Inland UK dt»tln»ti«n« Antwerp Mid Scjndjnj*ijn parte.
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    • 342 30 P\o 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 4 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 VSL MANDIRI PUL ADIL MANDIRI PUL ADIL VSL
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    • 548 30 □nirriiiu umiio, lunuu v, junuuiy 11, 1909 /M 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 MOTHER VSL N. DELFT £223 ■■i'HU.i".'iBIM" 'H.n 77—1 ftt OTHER DESTINATIONS AAftMUS.
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