The Business Times, 16 February 1988

Microfilm: NL16090
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, FEBRUARY 16, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    283 1 AFP Footsie up LONDON shares held steady in thin trading at mid-session yesterday. The market was still encouraged by last Friday's announcement of a lower US December trade deficit. At 1200 GMT, the FT Index of 30 industrial shares gained 4.8 points to 1,389.0 and the Footsie
    AFP  -  283 words
  • Article, Illustration
    Asian markets find fresh buying support
    172 1 SHARE PRICES on Asian bourses closed higher yesterday on fresh buying support following the rally on Wall Street last week and a stronger US dollar. Wall Street's rally in reaction to news of better-than-expected trade figures for December helped to boost sentiment in these
    172 words
  • Article
    American dollar closes steady in Tokyo
    156 1 THE US DOLLAR held its ground yesterday in Tokyo's foreign exchange market, which was largely dictated by the latest Japanese and US trade figures. The dollar opened higher in response to last Friday's announcement that the US trade deficit had narrowed from U5513.22 billion
    156 words
  • Article
    Lock icon 'HK government not behind partial repayment plan for futures default'
    490 1 AFP THE HONGKONG government was not behind a controversial plan requiring Singapore businessman Robert Ng to repay only part of an estimated HK$l billion (U*****.2 million) in defaulted futures contracts, the Hong Kong Futures Guarantee Corp said yesterday. "It's purely
    AFP  -  490 words
  • Article
    300 hotel employees face uncertain future
    477 1  -  President Merlin Hotel under winding up order By WILLIAM CHIA THE MORE THAN 300 employees of President Merlin Hotel Pte Ltd are facing an uncertain future. Hanging over their heads is a High Court order on Feb 5 winding up the company which runs
    477 words
  • Article
    A knock for Faber Merlin Malaysia
    245 1 IT NEVER RAINS, but it pours. This expression could well be going through the mind of the management of Faber Merlin Malaysia Bhd as the company has been hit by yet another financial mishap. In the latest in a series of misfortunes to have
    245 words
  • Article, Illustration
    Liquidators to consider Peter Tham's 'offer'
    388 1  -  By AMY BALAN THE SECOND trial of Peter Tham Wing Fai, involving $100 million of Pan-Electric Industries monies, has been adjourned again to allow liquidators of the ill-fated company to consider an "offer" by the former Pan-El director. Tham, currently serving an eight-year jail
    388 words
  • Article
    Lock icon IFC to launch fund in Japan
    94 1 AFP THE International Finance Corp said yesterday it would launch a US$43-mil-lion fund on Thursdsy for Japanese institutional investors to channel funds into emerging markets in developing countries. The fund, nsmed the Emerging Markets Investment Fund, is part of Japanese efforts to recycle surplus
    AFP  -  94 words
  • Article
    All town planning approvals to come under one roof
    365 1  -  B* TONG SUIT CHEE BUILDING PROFESSIONALS need to deal with only one government body on town planning matters from March 1 when the Development Control Branch (DCB) becomes part of the Planning Department. The DCB is currently part of the Development
    365 words
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      Page 1 Advertisements Column 1
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      Page 1 Advertisements Column 2
      284 1 m SHARE INFORMATION 12 CROSSWORDB MONEY EXCHANGES 6 TV S RADIO COMMODITIES 5 BRISTOW AIRCRAFT SCHEDULE 4 DOONESBURY MOLEX SINGAPORE has unveiled plans to expand its operations in the local and regional markets. HOME NEWS, Page 2 PROSECUTORS are closing in on Taiwan's shadowy financiers amid warnings that underground investment
      284 words
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      Page 1 Advertisements Column 3
      124 1 Nikon The Wood's f.nesf Photographic Sfst*rv A matter of opinion BT TODAY introduces a weekly column, Regional Viewpoints, to provide busy professionals and executives with a synopsis of editorial commentaries on issues of regional interest. To be run every Tuesday in our Perspective pages, the column will scour selected newspapers
      124 words
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  • HOME NEWS
    • Article
      Connector supplier planning expansion
      432 2  -  Singapore to play crucial role in Molex's plans By WILLIAM CHIA MOLEX SINGAPORE, the largest supplier of electrical and electronic connectors in the Republic, has unveiled plans to expand its operations in the local and regional markets. Its regional marketing manager, Mr Sam Cremin, said that
      432 words
    • Article
      Consumer price index down marginally
      167 2 ALTHOUGH non-food items such as clothing and transport cost more last month, their effect on consumers was fortunately negated by cheaper food prices. As a result, the consumer price index fell marginally by 0.1 per cent to 103.4 last month over December last year, according
      167 words
    • Article
      SHA poised to expand services
      282 2  -  By ANNA TEO WITH ITS training arm well off the ground, the Singapore Hotel Association (SHA) is poised to expand its services and venture into other areas. An outline of the association s focus over the next two years was given by its newly-elected president,
      282 words
    • Article
      Local computer houses to show off wares in Germany
      212 2 LOCAL computer companies will be showing off their products next month at the prestigious CeBIT exhibition in Hanover, West Germany. According to the Trade Development Board, which is organising the Singapore Pavilion at the show to be held from March 16
      212 words
    • Article, Illustration
      SPH donates $120,000 to Chest
      262 2 AS PART of its efforts to support social and community activitias, Singapore Press Holdings (SPH) yesterday donated $120,000 to the Community Chest. Mr Frank Yung, SPH's chief executive officer, presented a cheque for the donation to Dr Ee Peng Liang, the Chest president. He said
      262 words
    • Article
      More pros than cons in disposable utensils
      197 2 THE PROS of eat-and-throw crockery and cutlery outweigh the cons, according to an Environment Ministry information paper released yesterday. Despite complaints by hawker stall operators about the cost of disposables and grumbles from the public about the futility and frustration of trying to
      197 words
    • Article
      Temporary closure
      43 2 THE CRAWFORD Post Office will be temporarily closed for renovation from Feb 29 to early July. During the renovation, a temporary post office will be opened next to the existing post office at Block 15. Beach Road, to provide postal services.
      43 words
    • Article
      Government runs ad in Journal
      333 2 THE GOVERNMENT yesterday finally got its chance to "tell it like it is" to readers of The Asian Wall Street Journal. After persistent but unfulfilled requests that its replies to recent Journal articles concerning Singapore be printed verbatim, the government had the letters published in
      333 words
    • Article
      Jail for driver attempting to smuggle firecrackers
      195 2 A CRACKDOWN on firecracker abusers led to stiff sentences and fines yesterday for six offenders, including the imposition of the first jail sentence under the Dangerous Fireworks Act. District Judge Liew Thiam Leng slapped a two-month jail sentence on Malaysian Wong Kok Fong,
      195 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      322 2 Sharp's In four Corner A wide variety of super-efficient copiers with automatic functions to work in your corner, for your section, or near your desk. :r- V-f TWMm m&Emm' \r SF-7750 Desk-Top Copier with Automatic Features Auto paper size selection Proper ratio for copy sze. Automatic exposure for perfect copes
      322 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Turkish economy in for a rough ride
      433 3 Reuter TURKISH BUSINESS was expecting further austerity measures last week as the government struggled to keep Prime Minister Turgut Ozal's economic miracle on course. Rampant inflation, overheated growth and a run on the Turkish lira may force the government to revise its draft
      Reuter  -  433 words
    • Article, Illustration
      Lock icon Bigger political role for Mindanao planned: Aquino
      356 3 Bernama PRESIDENT AQUINO of the Philippines says that the government is.pushing for Mindanao's role in national politics and policy-mak-ing through the Regional Consultative Commission (RCC) whose matnbers she will name when sha visits Mindanao on Friday. Mrs Aquino said on Sunday night that
      Bernama  -  356 words
    • Article
      Lock icon Pakistan to spend US$35b under seventh five-year plan
      142 3 Reuter PAKISTAN'S seventh five-year development plan to be launched from July envisages an outlay of 616 billion rupees (U5535.2 billion), Planning and Development Minister Mahbubul Haq said. Spending is about 40 per cent higher than in the sixth five-year plan, he said
      Reuter  -  142 words
    • Article
      Lock icon North Korea hits out at Japan for UN sanctions bid
      439 3 AP NORTH KOREA has launched a bitter attack against Japan, saying it "will never pardon the Japanese" for seeking sanctions in the United Nations over the downing of a South Korean passenger jet, according to a North Korean newspaper. Pyongyang's
      AP  -  439 words
    • Article
      Lock icon China says American actions a threat to stable ties
      541 3 AP A HIGH-RANKING Chinese foreign affairs expert has said US actions over the past year, including its condemnation of China's alleged human rights violations in Tibet, "represent a threat to stable Sino-US relations." Huan Xiang, Director of the Centre for International
      AP  -  541 words
    • Article
      Lock icon Bob Hawke shuffles ministers
      165 3 AFP AUSTRALIAN Prime Minister Bob Hawke yesterday named one new minister and announced a mini-reshuffle of portfolios following the surprise resignation of Immigration and Ethnic Affairs Minister Mick Young. South Australian Senator Nick Bolkus was elected to fill the ministerial vacancy while Mr Hawke promoted veteran
      AFP  -  165 words
    • Article
      Lock icon Philippine Red peasants group says it has confiscated 600 hectares of land
      303 3 AP A COMMUNIST-LEO peasants' group claims it has confiscated more than 600 hectares of land in President Corazon Aquino's home region over the past two years and redistributed it to landless farmers. The National Alliance of Peasants in
      AP  -  303 words
    • Article
      Lock icon Taiwan closes in on shadowy financiers
      536 3 Reuter PROSECUTORS are closing in on Taiwan's shadowy financiers amid warnings that underground investment houses have grown large enough to threaten the island's economic stability. Unregulated investment groups have grabbed a huge slice of Taiwan's cash supply with some of them offering monthly interest
      Reuter  -  536 words
    • Article
      Lock icon Jakarta loan scheme debate
      426 3 Reuter AN INDONESIAN FOUNDATION with a link to President Suharto s family has touched off a press debate after the lending scheme was publicly questioned by Finance Minister Radius Prawiro. Prawiro has urged people not to join the Just and Prosperous Family Foundation, which he says
      Reuter  -  426 words
    • Article
      Lock icon Asian economy heading for the top, says report
      127 3 Reuter ASIA, led by Japan, could dominate the world economically in the 21st century, Newsweek magazine said in a report on the region on Sunday. "Now Japan is arguably the world's most powerful economic actor, ready to assume leadership in an era
      Reuter  -  127 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      160 3 EM-1000 EM-701 fx Now, for the latest revolutionary concept from Brother. The new fx- series: flexible, exchangeable and expandable You are about to conquer the future If you seriously want to find out more about the new Brother fx System, you can complete and mail the coupon. Or, you can
      160 words
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  • REST OF THE WORLD
    • Article
      Lock icon Export efforts paying off for US
      539 4 Economists concerned about imports Reuter THE NEW FAVOURABLE US trade figures released last Friday show that the big fall in the dollar and expanded export efforts may finally be paying off, economic analysts say. That is good news for President Reagan's Republican Party, taking
      Reuter  -  539 words
    • Article
      Lock icon Some dealers still worried about economy
      358 4 Reuter A DROP in the US trade deficit, announced last Friday, could hearten financial markets this week but some dealers still seem worried about the state of the US economy. Some dealers are not completely convinced the trade deficit is headed down for good.
      Reuter  -  358 words
    • Article
      Lock icon West German businessmen hesitant about investing
      242 4 Reuter WEST GERMANY'S economy, the biggest in Europe, continued to grow at the end of last year in spite of turbulence in share and currency markets, the country's central bank said yesterday. But businessmen were reluctant to invest because they remained uncertain after last
      Reuter  -  242 words
    • Article
      Lock icon IMF to provide US$550m to Argentina
      134 4 Reuter THE INTERNATIONAL Monetary Fund (IMF) will soon provide US$55O million to Argentina, including a credit in compensation for falling export revenue. Economy Minister Juan Sourrouille said. "In the next hours or days, we are going to receive a sum of about US$55O million
      Reuter  -  134 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1022 4 ARRIVALS 1 S»rvic« Local From number time FT FT75 0315 JFK/DFW/UH/ ORD/ANC/NRT MNL/TPE CM CI333 0405 TPE MAS MH681 0820 KUL su SQ417 0820 DXB/KHI sv SV398 0835 JED/RUH MAS MH811 0910 PEN MAS MH671 0920 KUL SU SO 103 0950 KUL AC AC858 0950 YYZ/LHR/BOM CAl
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    • Article
      Lock icon US Senate leaders note common stance with Nato allies
      310 4 AFP A GROUP of US Senate leaders that's just returned from a European tour found close agreement among European leaders on the position the US and its Nato allies should take on future arms negotiations with the Soviet Union. Speaking at
      AFP  -  310 words
    • Article, Illustration
      Lock icon Cypriot president loses out in elections
      211 4 AFP OUTGOING Greek Cypriot President Spyros Kyprianou failed to achieve a majority in elections in Nicosia on Sunday, coming a distant third behind two other candidates who are due to face each other in a run-off vote next Sunday. Official results gave Glafcos Clerides
      AFP  -  211 words
    • Article
      Lock icon Bureaucrats blocking Soviet perestroika
      265 4 AFP ECONOMIC REFORMS central to Soviet leader Mikhail Gorbachev's perestroika, or restructuring, policies are in danger of falling victim to bureaucratic resistance, according to Moscow press reports. The law on state entreprises introduced last month stipulates that no less than 60 per cent of industrial output
      AFP  -  265 words
    • Article
      Lock icon Nicaragua introduces new currency unit
      334 4 AFP WITH INFLATION running at some 1,500 per cent a year, Nicaragua on Sunday introduced a "new cordoba" worth 10 US cents 1,000 times more than the current cordoba. President Daniel Ortega, who said the new currency was to be issued yesterday and would have
      AFP  -  334 words
    • Article
      Lock icon Tunisia to open up its stock market
      472 4 Reuter TUNISIA has witnessed a surge in business confidence since the removal from power of president Habib Bourguiba last November and is now planning to attract international investors by opening up its stock market. Central bank governor Ismail Khelil told Reuters that foreign
      Reuter  -  472 words
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      Page 4 Advertisements Column 1
      36 4 T he business person's choice. every Tuesday. Thursday. Saturday and Sunday. Leaving Chongi Airport at 22:05 hours and arriving Heathrow eorly the following corning Call your Travel Agent or Air Canoda O f *****55 AIR CANADA
      36 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      33 4 1 Moscow Nassau New Delhi New York Nicosia Oslo Paris Perth Rio 'Janeiro Rome San Fris'co San Juan Santiago Sao Paulo Seoul Stockholm Sydney Taipei Tel Aviv Tokyo Toronto Vancouver Vienna Warsaw Washington
      33 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      28 4 Doonesbury a y/ m BY GARRY TRUDEAU RICK? IT'S LARRY' HOtU ABOUT SHOOTING YBAH A F6W MSKSTS AT 7H£ "Y" TONIGHT fig vK e m m m r~
      28 words
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  • COMMODITIES
    • Article
      Palm Oil
      241 5 Crude palm oil futures finished lower in cautious trading on the Kuala Lumpur Commodity Exchange yesterday. March and April were each Ms 6 lower at Ms99o and Ms97B per tonne. Turnover was 509 lots. Crude palm oil prices yesterday closed off the day s lows on light covering
      241 words
    • Article
      Rubber
      185 5 SINGAPORE THE rubber market closed quietly steady yesterday with March 1 RSS buyers quoted at 218.50 cents/kilo. After a steady opening, prices fluctuated within a narrow range on lack of interest in quiet morning trading. Prices were little changed in thin and featureless afternoon trading. MALAYSIA THE rubber market
      185 words
    • Article
      SSR and SMR
      73 5 pofen) MARCH 1988 APRIL 1988 (currant month) (forward month) RAS NOON NOON Buywt Sslton lwy«n StHfn SSR 20 209 JO 211J0N 209JO 211 JON SS> 50 208.00 210.OON 208.00 210.00N MRELB Ivyan Stlltn l«y« SMftjCV 276.00 278.00N 277.00 279.00N S.V.R I 275JO 277JON 276.50 278.50N SMR 5
      73 words
    • Article
      RAS and MRELB
      234 5 RAS priCOS In 8 cont»/kfl, FOB In bmU M NOON CLOSE Buyers Saltan Bwyars Sailors Int 1 RSS Prompt 221.75 222.75N ***** 222.75N kit 1 RSS Mar 88 218-50 219.00 218J0 219.00 bit 1 RSS Apr 88 217.00 217.50 217.00 217J0 bit 2 RSS OP 216.00 218.00N
      234 words
    • Article
      Lock icon Precious Metals
      309 5 Reuter HONGKONG: THE local gold market was closed yesterday for the Lunar New Year holidays and will remain closed through to Friday. TOKYO: YEN-DENOMINATED gold futures closed higher yesterday on fresh buying but off their peaks after profittaking, dealers said. Prices were 31 to 46 yen per gram
      Reuter  -  309 words
    • Article
      Lock icon KL Tin
      120 5 Reuter PRE-HOLIDAY covering yesterday and all round demand pushed the Kuala Lumpur Tin Market (KLTM) three cents higher to dose at M 517.23 a kg. They noted strong demand ot 175 tonnes at the start as the firmer US dollar against the rlngglt aided increased buying (merest from
      Reuter  -  120 words
    • Article
      Lock icon Opec may cut output to stabilise prices
      306 5 UPI THE ORGANISATION of Petroleum Exporting Countries (Opec) may be forced to reduce production to stabilise crude oil prices, United Arab Emirates Oil Minister Or Mana Saeed al-Otaiba said yesterday in a meeting with the Japanese Foreign Minister, officials said. Dr Otaiba made
      UPI  -  306 words
    • Article
      Lock icon Aussie wool demand seen strengthening again
      161 5 Reuter GRADUALLY STRENGTHENING demand is expected at wool sales this week in Brisbane, Geelong and Fremantle where about 105,000 bales will be offered, the Australian Council of Wool Exporters said. The market indicator last week fell Australian 23 cents in the first two sale
      Reuter  -  161 words
    • Article
      Produce Prices
      197 5 Chinese Produce Exchange S#llf n noon closing pfi Fob 15 (SS/100 kg) km an Coconut oil Bulk FOB 115.00 Otd drum FOB 125.00 Now drum FOB 129.00 Copra MJxad (loo**) 64 Pepper Munfofc wNf* FOB NIW 1162.50 Sorawak «Mta FOB foq NLW 1147 JO Sarawak >p«dal Nock FOB
      197 words
    • Article
      Lock icon Philippine oil bill rose 58 per cent last year
      81 5 Bernama ES THE PHILIPPINE oil bill shot up 58 per cent last year to US$l.2 billion due to higher imports and world oil prices. The Philippines imported some 70 million barrels of crude and refined products during the year against the
      Bernama ES  -  81 words
    • Article
      Oil and Products
      68 5 QUIET. Weakness in gasoil and jet due to slack demand. Crude falling on technical selling. US(/ban«l C Ingi Dubai (Mar| 1 15.05 -030 Wm Texas WT) (Mar) k 16.71 -0J7 Products (FOB S'pore) USS/banal 0 fironw 2X0S -0.10 Cow* I9.S3 -025 law Sufefcur Waxy CmM LSWt I4JD
      68 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      54 5 SMOKED SALMON AND ETIQUETTE. Club World is a new international business class with a good old-fashioned ingredient British Etiquette. Exquisite food is accompanied by charming manners in exclusive surroundings. So you arrive ready to face any eventuality. vA 4 '4 4 I r .X V 3# CLUB WORLO British Airways
      54 words
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  • MONEY AND EXCHANGES
    • Article
      Options
      1745 6 CURRENCY FUTURES OPTIONS Monday, Februory 1 5 1988 DEUTSCHE MARK (SIMEX) Mar 88 call* Msr 88 puis Ht gh Low Sett High Low Sett 54 CAB 55 3A 2 56 7A 5 57 190A 185 16 15 16 58 92A 104 41 39 38 59 42A 50 90 88
      1,745 words
    • Article
      Forex markets
      1941 6 SINGAPORE: The US dollar reversed its slightly firmer opening trend to close lower against major currencies yesterday, after thin and nervous trading in the afternoon. The dollar started on a slightly firmer tone on short-covering following news that the US December trade deficit narrowed to US$l2.2 billion from
      1,941 words
    • Article
      Simex/IMM
      554 6 MARCH Eurodollar on the Simex yesterday opened sharply lower than the previous close at 93.02 and fell further to 93.00 on car-ry-over selling interest following the narrower-than-expected US December trade deficit, the higher PPI figure and the release of FOMC minutes. However, short-covering lifted prices to the high of
      554 words
    • Article
      Government securities market
      84 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity KID OFFER HtGH LOW 3 months BQ*****W 1 2.5.88 2.98 2.93 3.02 2.93 6 months BY*****S 30.6.88 3.02 2.97 1 yeor BY*****T 24.11.88 3.03 2.98 Government notes and bonds Period Issue Maturity Coupon Yesterday' s closing Day's code
      84 words
    • Article
      Asian $ market
      359 6 Asian market ASIAN DOLLAR deposit rates closed steady yesterday at firmer opening levels. after a day of thin trading. Most operators refrained from taking big positions partly due to the closure of the US markets yesterday for George Washington's birthday. Term rates firmed between 1/16 and 3/16 point at the
      359 words
    • Article, Illustration
      World interest rates
      183 6 Indicates the average of the prime lending rate* of 12 major banks in S'pore Interbank market rates (offer/bid) on Feb 15 us$ DM SWFC Y«n 7 dor. 6 13/16 11/16 3 7/16 5/16 1 3/« 1/4 3 7/9 3/4 1 m#i 6 13/16 11/16 7/« 3/4 3
      183 words
    • Article
      Money markets
      58 6 THE OVERNIGHT rate on the Singapore interbank market rose point to close at 3% per cent yesterday. The term rates fell 1/16 across the board. S$ Interbank rates at 12 noon yester day: OMO nigN 3 1/2 3 1/4 1 -month 3 1/1 3 2-monrf, 3 1/8 3
      58 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Fed returning to pre-crash policies
      523 7 NYT WITH THE AMERICAN economy calming down following the rout of the stock market, the Federal Reserve began reverting in December and January to its economic policies of the months before the collapse and worrying less about interest rates. The Fed did not discuss how
      NYT  -  523 words
    • Article
      Lock icon Mitsui and C Itoh in joint venture
      106 7 Reuter MITSUI TRUST Banking Co Ltd will join C Itoh Co Ltd to develop and sell real estate overseas, according to a Mitsui spokesman in Tokyo. Both companies would cooperate in a search for hotels, office buildings, and training centres, mainly in the
      Reuter  -  106 words
    • Article
      Lock icon Record loans by foreign banks in Japan
      172 7 Reuter OUTSTANDING LENDING by foreign banks in Japan rose to a record 5,740 billion yen at the end of January from 5,660 billion in December and 4,170 billion a year earlier, Bank of Japan sources said yesterday. A rise in lending was unusual
      Reuter  -  172 words
    • Article
      Lock icon Taiwan's currency reserves expected to slow down
      271 7 Reuter TAIWAN'S foreign exchange reserves have hit a record high of about US$76 billion but are now expected to rise at a slower pace because of lower trade surpluses, according to officials in Taipei. The latest figure compared with US$75 billion at the
      Reuter  -  271 words
    • Article
      Lock icon Australia needs tax changes to stay abreast, says study
      284 7 Reuter AUSTRALIA needs rapid tax changes if it is to develop into a global financial centre and compete with economic rivals in the region, according to a study published yesterday. New Zealand, Hongkong and Singapore pose a major threat to Australia's
      Reuter  -  284 words
    • Article
      UOB adopts US-style organisational set-up
      427 7  -  By ALVIN TAY Banking Correspondent THE UNITED Overseas Bank group yesterday became the third of the Big Four local banks to adopt a US-style organisational set-up a move that will affect 800 senior executives and officers worldwide. The group has also promoted Mr Ernest Wong
      427 words
    • Article, Illustration
      Chief investment officer leaves Royal Trust Merchant Bank
      259 7  -  By LEONG WEN WAH THE CHIEF investment officer in a local merchant bank has resigned and will soon leave for a major position in London. Mr Gerhard Wehr has resigned from Royal Trust Merchant Bank Ltd, a wholly-owned subsidiary of Canada's Royal
      259 words
    • Article
      UOB installs digital phone network
      145 7 THE UNITED Overseas Bank group has installed a digital telephone network system which will link the bank's head office with the main branches of its banking subsidiaries. Initially, the telephone link-up will cover the head office or main branches of UOB, Chung Khiaw Bank, Lee
      145 words
    • Article, Illustration
      Lock icon American regional banks rise in rankings
      1306 7 NYT AS GIANT BANKS flounder and regional banks flourish, the turmoil churning America's banking system is beginning to show up in the rankings of the nation's largest banking companies. For example, the Fleet Financial Corp of Providence, Rhode Island, doubled in size and jumped
      NYT  -  1,306 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      252 7 To the Holders of Petroleos Mexicanos U.S. $100,000,000 Floating Rate Notes due 1988 (Extendable at Noteholder's Option to 1991, 1992 and 1993) Notice of Option to Extend Maturity to 1991 Notice of Change of Specified Office of the Fiscal Agent 1. On behalf of Petroleos Mexicanos and pursuant to Clause
      252 words
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      Page 7 Advertisements Column 2
      164 7 Roland is the name of a very versatile plotter -*sfc7 Roland has many competitors, but very few can rival Roland's versatility: from accurate, vivid renditions of CAD-produced plans, to straight-forward, eye-catching, impressive and authoritative business graphics. Roland operates on programmes written for the ffj HP plotter as Autocad, Lotus 1-2-3,
      164 words
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  • PERSPECTIVE
    • Article
      Betting on lost fortunes
      502 8 THE STOCK MARKET, a large open space at Bukit Timah, and the corner of a provision shop are quite different places. Latest government statistics suggest, however, a link among them. In the last quarter of last year, government revenue from licensed gambling shot up 37 per
      502 words
    • Article, Illustration
      Aussie oil industry at crossroads
      1458 8  -  Australia has opened its oil industry to global competition with deregulation in January this year. FLORENCE CHONG, reporting in Sydney, examines the possible effect deregulation will have on oil companies in the country, especially the smaller refineries. FLORENCE CHONG THE DEREGULATION of the Australian petroleum
      1,458 words
    • Article, Illustration
      Lock icon Commodity bonds — new solution for an old problem?
      613 9 Commodity bonds new solution for an old problem? The Economist QUIETLY, the World Bank is investigating a new idea for helping Third World countries to cope with their debts. Bond issues linked to commodities could protect poor countries which often depend on one or two exports for most of their
      The Economist  -  613 words
    • Article, Illustration
      Lock icon Unusual unsecured loans put Gephardt in hot soup
      982 9 NYT REPRESENTATIVE Richard A Gephardt's presidential campaign and Political Action Committee (PAC) received unusual, unsecured loans totalling US$2OO,OOO in 1986 and 1987 from two banks whose top officers now hold key positions on Gephardt's campaign. Such unsecured political loans are rare. Even
      NYT  -  982 words
    • REGIONAL VIEWPOINTS
      • Article
        A matter of conscience
        187 9 BT today introduces a new weekly column, Regional Viewpoints. To be run every Tuesday, it will focus on foreign newspaper and magazine commentaries on issues of regional interest. Malaysia's Umno crisis "IF THE REGISTRAR (of societies) proceeds with the deregistration, then a new party or parties
        187 words
      • Article
        Free Umno
        179 9 "CERTAINLY the Malaysian court should be applauded for again showing its independence in applying the law of the land to a 11,.. "What we wonder about in the latest case, though, is not the judge's interpretation but the wisdom of a law that requires everything from charities to
        179 words
      • Article
        Focus on Basic Law
        160 9 Hongkong's White Paper "OBVIOUSLY and pragmatically, the China factor has affected the debate on Hongkong's political future. It is unavoidable given that the developments for the next nine years will have to conform, one way or another, to the constitution for there to be no radical
        160 words
      • Article
        The other, better Chinas
        176 9 ON FEBRUARY 10TH, the Hongkong administration published its policy on democratisation. It could have been written in Beijing. There will be no direct elections to the Hongkong legislature until 1991 (when China's "Basic Law" for the territory is to come into effect). Worse, the British have
        176 words
      • Article
        N Sumatra sites
        169 9 Indonesian tourism "SINGAPORE, it should be pointed out, ever since the historic official visit of its Prime Minister, Lee Kuan Yew, in February 1973, to Jakarta followed up with a visit to the Lake Toba area, has adopted North Sumatra as one of its tourism promotion projects.
        169 words
      • Article
        A new look at debt
        255 9 Indonesia's debts "IN THE 30 MONTHS between March 1985 and September 1987, Indonesia's foreign debts increased by US$l4 billion, of which $9.3 billion was caused by the depreciation of the US dollar against other major currencies. The effect of subsequent declines in the US currency
        255 words
      • Article
        Pacts not to be copied
        137 9 Malaysia's copyright act "IN A BID to check pirating of works, the Copyright Act 1987 has had to muster stiff penalties for offenders. First convictions carry a $10,000 fine or five years jail or both. Subsequent ones double those figures. Yet there has been 94
        137 words
      • Article
        Mochtar in Moscow
        120 9 Soviet Union's regional role "IF PRESIDENT SUHARTO S official visit to the Soviet Union does take place in the near future as was hoped for by (USSR) General Secretary Mikhail Gorbachev in his meeting with (Indonesian Foreign) Minister Mochtar Kusumaatmadja, that event would be a strong indication
        120 words
      • Article
        Glimmer of light
        123 9 "SOVIET LEADER Mikhail Gorbachev has described Afghanistan as a "bleeding wound" for the Soviet Union. It has required the presence of an estimated 115,000 Soviet troops. Eight years and many Soviet casualties later, the mujahidin are still in control of much of the countryside and their acquisition
        123 words
      • Article
        Change in commanders
        125 9 Indonesia's military "WHEN GENERAL TRY SUTRISNO is installed as Commander of the Armed Forces on March 7, he will be then the fifth to hold the position of top man of the Indonesian military during the New Order era This orderly succession of military leadership during a
        125 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      1250 8 wjmd aaoQ® 112 PM Opening Announcement and Programme Highlights followed by Carol Burnett And Friends. Alan Alda guest stars in this episode. Footsteps The Marble Hunter (See highlights). Only Fools And Horses Who's Pretty Boy? Cosmopolitan Theatre Maelstrom: Into The Vortex. While snooping around the Island-house for clues into the
      1,250 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      691 8 CRYPTIC PUZZLE ACROSS 3 He has an out-of-the-way vice (5) 8 The boys in blue (5) 10 Animal all upset by its master (5) 11 Write an enclosure (3) 12 Lama cqpntry (5) 13 Deals with a worker by name (7) 15 A number of unequivocal letters (5) 18 Would
      691 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      171 9 SUCCESSFUL EXECUTIVES Are you looking for a change of career? A job that would bring you into contact with the best and brightest in Singapore, and put you at the very heart of business and economy? Then consider a switch to the fast-moving and stimulating world of business journalism. Put
      171 words
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  • SPORTS & LEISURE
    • Article
      Lock icon A day of heartaches and disappointments at Calgary
      423 10 AFP IT WAS A DAY dominated by heartaches and disappointment as the Winter Olympics continued in Calgary, Canada, on Sunday. American speedskater Dan Jansen's older sister died from leukaemia only hours before he took to the ice but in spite of his
      AFP  -  423 words
    • Article, Illustration
      Lock icon Acclaim for Finnish ski jumper's medal feat
      292 10 Reuter MATTI NYKAENEN's triumph in the 70-metre ski jump at the Winter Olympics on Sunday has made him the greatest jumper of all time, his coach said. The Finn produced two leaps of 89.5 metres each to capture the first men's gold medal
      Reuter  -  292 words
    • Article, Illustration
      Lock icon Wadkins capitalises on Watson's collapse to win Hawaiian Open
      380 11 AP GIVEN BREATHING ROOM by Tom Watson's four-putt collapse. Lanny Wadkins came on with a six-under-par 66 to score a one-stroke victory on Sunday in the Hawaiian Open golf tournament. Wadkins, 38. acquired the 17th title of his 18-season PGA tour
      AP  -  380 words
    • Article
      Lock icon Question mark over Norman
      95 11 Reuter GREG NORMAN is suffering from a virus but organisers of the Australian Masters golf tournament starting on Thursday are optimistic that he will still be able to defend his title. Norman, the world No.l who arrived in Melbourne yesterday, is believed to have caught the
      Reuter  -  95 words
    • Article, Illustration
      Big field and big money at this year's Rolex Masters
      456 11  -  1984 champ and HK Open winner among the stars By WALTON MORAIS FORMER CHAMPION Bill lsraelson of the US and Sunday's Hongkong Open winner Hsieh Chin-Sheng have signed up to play in this month's Rolex Masters golf championship, which will
      456 words
    • Article
      Lock icon Navratilova wins title in straight sets
      303 11 UPI TOP-SEEDED Martina Navratilova, capitalismg on a controversial service call, needed just one hour on Sunday to down Pam Shriver 6-0, 6-3 and capture the Virginia Slims of Dallas title. It was the eighth Dallas title of the decade for Navratilova, whose victory streak
      UPI  -  303 words
    • Article
      Lock icon Week to remember for African player
      253 11 AFP YAYA DOUMBIA of Senegal completed the most amazing week in Lyon, France, on Sunday when he became only the second black African to win a Grand Prix tennis tournament. The 24-year-old Doumbia, ranked 453 rd in the world, beat Todd Nelson of the
      AFP  -  253 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      343 10 4 COUKVOISIER XO~Where to eat, drink... y Herald the Year of the Dragon with these exciting activities on Lunar New Year's Eve Reunion dinner at Meisan Szechuan Restaurant from $390 to $888, inclusive of a bottle of Dynasty wine or Remy Martin XO. Meisan will be closed on Feb 17.
      343 words
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      Page 10 Advertisements Column 2
      161 10 ENTER THE LUNAR NEW YEAR 4 prosperity delicacies, at MING PALACE Lunch 11.30am-2.30pm, dinner 7pm-10.30pm, 17th February 2nd March. r A toss for good luck Salmon Yu Sheng, Cantonese style Reunion time, with family, with friends With a Sumptuous Feast Your choice of Set Dinner for 3 to 10 persons,
      161 words
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      Page 10 Advertisements Column 3
      174 10 DEUCIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary bowl of salad
      174 words
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      Page 10 Advertisements Column 4
      221 10 Greet the new year in splendid style choose either the fabulous 10-course set menu for $400++ per table often, or the festive 9-course set menu at $280++. For reservations, call *****11. d&H c smkx» thott* Plaza Hotel SINGAPORE WARM* COLOURFUL* IN VITINQ Beach Road. Singapore 0719. Enjoy Our Prompt Efficient
      221 words
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      Page 10 Advertisements Column 5
      183 10 AustrianFest From the land of' 'The Sound of Music'' comes another art form delicious food like Wienerschnitzel, Fiaker goulash, ftiprika Chicken, sausages, salads, apple strudel, Sacher Cake, Emperor's pancakes and much, much more! At $31 for adults and 15 for children, we're sure you'll enjoy the feast as much as
      183 words
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      Page 11 Advertisements Column 1
      531 11 and entertain 4 PALM m GRILL FROM 9-24 FEBRUARY, THE BEST OF FRENCH CUISINE WONT BE POUND IN FRANCE. Instead it will be found at Palm Grill, where Monsieur Crotet, one of France's leading chefs, will dish up a gourmet spread. Reservations: 338 8585 ext. ***** or 330 8310. The
      531 words
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      Page 11 Advertisements Column 2
      7 11 ORDER ANYTHING ELSE WOULD BE LIKE ASKING
      7 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      118 11 Play golf the Sevvy way The reverse K t St §j? i A LOT OC HIGH HANDICAP PLAYERS MAKE THE /WSTAKE Of ADORESSING THE BALL WITH THE CLUB SHAPT POINTING AT SHAFT POINT! THE CHIN. THEY ADDRESS... THIS /3 WRONG/ > THE HEAD WOULD NEVER BE OVEBTHE BAIL AT ADDRESS
      118 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Market rises over a broad front in light trading
      4174 12 SHARE PRICES on the Singapore stockmarket yesterday rose over a broad front in line with stronger Wall Street and regional markets. Spurred by the favourable US trade figures, Wall Street moved up last Friday to recover its previous losses while the
      4,174 words
    • Article
      Chief price changes
      258 12 Carbborg lotfunora Ms* Prima 0 s FAN Amboaudm Magnum Cor) M tanking o c c M#*ol lot Sf K I Kopong M U 1 t>iiphone Tel GenNngi N S T Rises 5 55 o 590 535 940 745 170 >n 300 41$ 635 mro 3*0 250 152
      258 words
    • Article
      Business done on the SES
      3298 12 BID and otter prices officially listed and business in and reported to the Stock Exchange at Singapore yesterday with the number ot shares traded shown in brackets in lots at 1,000 units unless otherwise specified. SECTION ONE INDUSTRIAL ft COMMERCIAL Aorta (1 11 81 0)
      3,298 words
    • Article
      COMPANY MEETINGS
      191 12 SINGAPORE PRESS HOLDINGS Limited: 3rd AGM at News Centre. 82 Genting Lane, Singapore 1334 on Saturday, Feb 20. at noon. RAHMAN HYDRAULIC TIN Berhad: 76th AGM at the Penthouse, 19th Floor, Wisma Jerneh. 38 Jalan Sultan Ismail, ***** Kuala Lumpur on Wednesday, Feb 24, at noon. THE AYER
      191 words
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  • COMPANY NEWS
    • Article, Illustration
      SES studying market for trading in regional stocks
      465 13  -  By ROSIE TAN UNDETERRED by the lacklustre performance of equity markets since the crash, the Stock Exchange of Singapore is studying the feasibility of setting up an organised market for the trading of securities that are listed on the Asian-Pacific stock exchanges.
      465 words
    • Article
      Sensitive details of NBB case heard in camera
      366 13 PART OF the National Bank of Brunei (NBB) trial was heard in chambers yesterday afternoon because of sensitive matters which involved some of ih« now defunct bank's customers. It is understood that before the application for in-camera hearing, observers had said that
      366 words
    • COMPANY BRIEFS
    • Article
      Lock icon Talam to hold EGM on acquisitions
      279 13 Bernama ES TALAM CORPORATION Bhd will hold an extraordinary general meeting at the end of this month to consider several acquisitions. A company spokesman said after the annual general meeting yesterday that this will be the management's first step towards placing the company in
      Bernama ES  -  279 words
    • Article
      DIVIDENDS ANNOUNCED
      321 13 Current Ex Books Date Total tor Total tor payment date close payable the year last year AMDS l%lb) Feb 2 Feb 16 Mor 17 1% 12% to) Aokam 2% lb) Jon 25 Feb 8 Mor 5 2% 5%<o) Avimo 20%TE Feb 25 Mor 8 Mor 21 20%TE Ayer
      321 words
    • Article
      F&N, MBL willing to testify on NZ merger controversy
      745 13 Inquiry into merger of Lion and L D Nathan MALAYAN Breweries and Fraser Neave have said they are willing to testify before a New Zealand Securities Commission which is to look into a controversial proposed merger on Feb 19. This was
      745 words
    • Article
      Lock icon IGB moving into rubber, timber goods
      524 13 MBT MALAYSIAN property-based IGB Corp is taking active steps to diversify into the manufacturing of resource-based products. IGB group managing manufacturing manager Teng Kim Tee said the group has identified la-tex-based and timber-based products as potential areas. Though the group was granted a licence
      MBT  -  524 words
    • Article
      Lock icon Kuala Lumpur Kepong optimistic about industry's prospects
      1129 13 MLB NST THE PLANTATION INDUSTRY is cyclical in nature and quite unpredictable. However, that does not trouble rubber baron Tan Sri Lee Loy Seng, who has successfully built up his plantation giant and is as convinced as ever that the future of the
      NST  -  1,129 words
    • Article
      Lock icon SMI eyes new investment opportunities
      113 13 Bernama ES SOUTH Malaysia Industries Bhd (SMI), which reported a group pre-tax loss for the first half of 1967, is eyeing other investment opportunities. Among these are the proposed acquisitions of Salinas Sdn Bhd and a 53 per cent stake in Formis Computer Services Sdn
      Bernama ES  -  113 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      266 13 IT'S ABOUT TIME Given its central location, Singapore is now the courier hub of the Asean region. But the Republic has the potential to join the ranks of big courier service centres such as London, Schipol, Hongkong and Tokyo. It can be a link between the East and West. The
      266 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Pacific Dunlop to build new Asian plant
      459 14 Location of plant to be announced in three months Reuter PACIFIC DUNLOP LTD will build a major latex products factory in Asia, managing director Philip Brass said last Friday. Mr Brass said at a news conference in Melbourne that Pacific Dunlop is negotiating
      Reuter  -  459 words
    • Article
      Lock icon Toyota working on deal to export small planes to Far East
      183 14 AP TOYOTA Motor Sales USA is working on a plan that could result in the export of small airplanes to the Far East, a company official has said. Mr Brian Barents, a Toyota vice-president hired recently from Cessna Aircraft
      AP  -  183 words
    • Article
      Lock icon Sale by Park
      87 14 Reuter PUBLICLY-LISTED Park Hotel Ltd said it had agreed to sell its wholly-owned United Assets Co Ltd to Japan's Abe International Ventures Corp (Hongkong) Ltd for HK$292 million. It said that United's sole asset is a piece of land on which a hotel is being built. The
      Reuter  -  87 words
    • Article
      Lock icon Suzuki expanding US dealer network
      228 14 AP SUZUKI Motor Co will add to its US dealer network in the next one and a half months, the company has said. Suzuki disputed reports that it had threatened to close US dealerships if customs officials classified its popular Samurai model as a car
      AP  -  228 words
    • Article
      Late buying interest pushes KL prices higher
      2958 14 LATE buying interest on the Kuala Lumpur stock market yesterday drove prices up for the fourth consecutive session with blue chips and higher-priced issues leading the pack of winners. Business volume, however, remained thin ahead of the long Chinese Year Year holidays on
      2,958 words
    • Article
      Lock icon Tokyo
      494 14 Reuter TOKYO share prices closed higher yesterday in modest trade after news last Friday of a surprisingly trim December US trade deficit and expectations that Japan's January trade surplus would also narrow, brokers said. The Nikkei Average rose 225.53 points, or 0.94 per cent, to 24,207.47. The index gained
      Reuter  -  494 words
    • Article
      Lock icon Sydney
      468 14 Reuter THE Australian share market closed higher yesterday. but below its best as strong buying demand during the day ran out of steam in the last half hour, brokers said. Early sentiment was boosted after gold prices rose US$5 to about US$445 an ounce last Friday, and Wall Street
      Reuter  -  468 words
    • Article
      Bangkok
      156 14 THE SECURITIES ExIndustrial Finance Corp 203 Intl Cosmetic Jalaprathan Cement 473 Maboonkhrong Metal Box 145 2 change of Thailand Index rose by 4.93 points to 335.79 yesterday on a 6 2 turnover of 3.889.034 Poet Publishing 296 -10 shares worth 432.19 lion baht. Reuter FEB IS BAHT Ao Kham
      156 words
    • Article
      Manila
      84 14 FEB IS PESOS Marcopper 1 -0 06 Marsteel Oriental B 0 10 unch Acoie Mining Phil Overseas 0046 00 Anglo Phil 0 027 0 002 Apex Mining B X) 041 >0 001 plot 148 X) S I < San Miguel B 135 unch Baguio Gold 0 027 Basic Petroleum
      84 words
    • Article
      Selected indices
      124 14 HONGKONG Hongkong Index Monday 1.504 83 Fridoy 1.494 25 Week ogo 1.451 28 Hang Seng Index Monday 2.***** Fndoy 2.287 23 Week ogo 2.***** All Industrials Mondoy 1.956.3 Friday 1.939 8 Week ogo 1.961 8 NEW YORK Dow Jones Fridoy 1,***** Thursday 1.***** Week ogo 1,***** TOKYO Nikkei
      124 words
    • Article
      Prices close higher
      1451 14 Hongkong SHARE prices on the Hongkong market closed higher yesterday in thin trading as investors stayed on the sideline ahead of the three-day Lunar New Year holiday, brokers said. The Hang Seng Index ended the day 14.52 points higher at 2,301.75, while the broader based Hongkong Index
      1,451 words
    • Article
      Seoul
      138 14 FEB IS Owl Sugar WON ***** *b 1000 Kai Kangwon Ind Kia Motor Kolon Ind ***** ***** ***** ***** -200 unch 200 •100 Daelim Ind Daewoo Corp ***** ***** -100 1600 Korea Long Term Lucky LM Oriental Brewery Oriental Chem Pacific Chemical Samhwan ***** ***** 700 •50 j Daewoo
      138 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      156 14 NOTICE DEVOE MARINE SINGAPORE PRIVATE LIMITED and it's licensee KPS are the exclusive distributors of Devoe Marine products in Singapore. It has come to the notice of Devoe Marine Singapore that unauthorised distributors are selling products bearing the Devoe Marine label in Singapore. TAKE NOTICE that "DEVOE" is a registered
      156 words
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      Page 14 Advertisements Column 2
      9 14 Managers must manage. BT shows you how every Monday
      9 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Pearson to judge Murdoch venture on its own merits
      307 15 Reuter THE CHAIRMAN of Pearson PLC, publisher of the Financial Times (FT), said Rupert Murdoch's 20.5 per cent stake in Pearson would not be a factor in deciding whether to enter a US joint venture with Mr Murdoch. In a television
      Reuter  -  307 words
    • Article
      Lock icon GEC wins £165m China contract
      158 15 Reuter THE GENERAL Electric Co PLC said its GEC Turbine Generators Ltd unit had won a £165 million contract for the design and supply of a coal-fired power station at Yue Yang in Hunan Province, China. Major UK subcontractors for the deal with the Huaneng
      Reuter  -  158 words
    • Article
      Lock icon Call for a single regulator
      149 15 Reuter THE CHAIRMAN of the Senate Banking Committee called for the Securities and Exchange Commission (SEC) to be the single regulator of all share trading in the United States. Mr Proxmire, addressing a conference on the Oct 19, 1987, stock market crash, endorsed a presidential
      Reuter  -  149 words
    • Article, Illustration
      Lock icon Why Icahn is having price problem
      1032 15 FT "IF THE PRICE is right, I think you'll sell anything except your kids and possibly your wife," Mr Carl Icahn said a few years ago during one of the bruising takeover battles which made his reputation as a corporate raider. Today, he has
      FT  -  1,032 words
    • Article
      Lock icon Elders calls shareholder meeting on BHP stake
      384 15 Reuter ELDERS IXL Ltd has agreed to call a shareholders' meeting to approve its part in the multi-bil-lion-dollar buy-back of shares in Broken Hill Pty Co Ltd, according to the Australian Stock Exchange. "It's a major success for the stock exchange. It's the
      Reuter  -  384 words
    • Article, Illustration
      Lock icon New Zealand to sell majority stake in energy group
      510 15 Deal with British Gas worth £300 m Reuter THE NEW ZEALAND government said on Monday it would sell its majority stake in the country's leading energy group to British Gas for almost £300 million and use the money to help repay
      Reuter  -  510 words
    • Article
      Lock icon What kind of ride will GM face in 1988?
      657 15 NYT LAST WEEK, General Motors announced a 21 per cent increase in its profits over 1986. But most of the motor-car company s improved showing came from changes in its accounting methods. GM's North American market share was down and sales
      NYT  -  657 words
    • Article
      Lock icon Australia's securities commission going for big fish
      328 15 Reuter AUSTRALIA'S corporate police chief is out to catch some big fish among business wrongdoers and protect unwary investors in the wake of the sharemarket crash. Understaffed, underfunded and under attack for being too aggressive, National Companies and Securities Commission (NCSC) chairman Henry
      Reuter  -  328 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      120 15 w Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well informed to maximise returns on your money. In the same way a surgeon needs his tools to operate, he needs Business Times to help him make sound investments. Fly'uations in shares, in
      120 words
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      Page 15 Advertisements Column 2
      240 15 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 D.C.M. SINGAPORE PTE LTD MEMBERS' VOLUNTARY LIQUIDATION I At an Extraordinary General Meeting of the Company convened and held on Friday, February 12. 1968 at 3.00 p.m. at One Raffles Place #40-00 OUB Centre. Singapore 0104. the following special resolution
      240 words
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      Page 15 Advertisements Column 3
      312 15 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF NAVALES SHIP MANAGEMENT MARINE CONSULTING PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the members of Navales Ship Management Marine Consulting Pte Ltd convened and held at 1 Ansgaritrankpforte. Bremen. Germany on
      312 words
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      Page 15 Advertisements Column 4
      352 15 In the Matter of The Companies Act Cap 50 and In the Matter of CHIAN MEI (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act Cap 50, that a final meeting of the members of the abovenamed company will be
      352 words
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      Page 15 Advertisements Column 5
      250 15 IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF MAHAJAYA TRADING PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of Mahajaya Trading Pte Ltd duty convened and held at 36 Robinson Road. #05-01/02 City House. Singapore 0106
      250 words
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  • Article, Illustration
    Bidding for the chance to stand next to a legend
    619 16  -  By LEE HAN SHIH Property Correspondent IF PRICE is the only consideration, the name Ng Teng Fong may soon be mentioned in the same breath as Sir Stamford Raffles. Somerset Maugham and Joseph Conrad. Linking the four personalities is Raffles
    619 words
  • Article
    Lock icon Kim Dae-Jung boycotts joint lawmakers' meeting with RDP
    333 16 UPI SOUTH KOREA'S two leading Opposition parties stood hopelessly split yesterday in their effort to bring about their merger and put up a united front against the government in the forthcoming parliamentary elections. The Party for Peace and Democracy led by Kim
    UPI  -  333 words
  • Article
    Lock icon Seoul should look to Singapore to boost China trade: study
    265 16 AP AFP SOUTH KOREA should seek the assistance of Singapore traders to boost trade with China, according to a study released yesterday. The government-funded Korean Trade Promotion Corp (Kotra) said developing greater contacts with Singapore companies that specialise in barter
    AP; AFP  -  265 words
  • Article
    Lock icon Vietnam expecting to boost crude output to 700,000 tonnes this year
    386 16 Reuter VIETNAM expects to increase its crude oil production by almost 160 per cent this year, one of the few bright spots on its gloomy economic outlook. Dao Duy Chu, head of the foreign relations section of the government
    Reuter  -  386 words
  • Article
    Lock icon China hit by shortage of textile fibres
    220 16 AFP CHINA'S textile industry has been hit by a shortage of cotton, wool and chemical fibres, the official New China News Agency (NCNA) reported yesterday. Cotton production, the base for 60 per cent of raw materials used in the industry, cannot keep pace
    AFP  -  220 words
  • Article, Illustration
    Lock icon Holmes a Court reveals A$1b share losses in October crash
    511 16 Reuter AUSTRALIAN entrepreneur Robert Holmes a Court yesterday revealed that his Bell conglomerate lost more than Asl billion (US$7lO million) in the October stock market crash. Mr Holmes a Court said in Melbourne that his companies, the Bell Group and
    Reuter  -  511 words
  • Article
    Lock icon Tokyo trade surplus narrowed in January
    219 16 AFP JAPAN'S Finance Ministry said yesterday the country's trade surplus narrowed for the ninth month in a row in January, falling 28.6 per cent from a year earlier to US$3.O7 billion. The surplus was also down sharply from $8.6 billion in December, a month
    AFP  -  219 words
  • Article
    Lock icon Laotian military team due in Bangkok for border talks
    260 16 AP THAI PRIME MINISTER Prem Tinsulanonda announced yesterday a Laotian military team would arrive soon in Bangkok for talks on ending bloody battles over a disputed border area, but played down expectations for a solution. Mr Prem said the Laotian delegation
    AP  -  260 words
  • Article
    Lock icon Tunku fails in bid to register new political party
    232 16 Bernama AFP MALAYSIA'S Registrar of Societies has rejected the application by former Prime Minister Tunku Abdul Rahman and several other former United Malays National Organisation (Umno) members to set up a new political party called Umno Malaysia', former Trade and Industry
    Bernama; AFP  -  232 words
  • Article
    Lock icon Dr M's Chinese New Year message
    179 16 Bernama MALAYSIANS should take advantage of the Chinese New Year to further enhance inter-ra-cial relations and understanding, Prime Minister Dr Mahathir Mohamad said yesterday. "The spirit of brotherhood, understanding, preparedness to give and take and mutual respect in a multi-racial society is very important
    Bernama  -  179 words
  • Article
    Fortunes can still be made
    69 16 FOR THE STOCK MARKET, the Dragon Year will be a year of uncertainties. But there will also be good opportunities for the daring and adept. Where are the investment opportunities and most importantly the pitfalls to watch out for? Find out, on Friday, what foreign
    69 words
  • Article
    Lock icon Manila lawmakers against imposing emergency rule
    225 16 AFP THE PHILIPPINE House of Representatives yesterday unanimously passed a resolution strongly opposing any plan to impose a state of emergency or place the country under martial law. The resolution, introduced by the House leadership, was passed hours after suspected communist New People s
    AFP  -  225 words
  • Article
    Lock icon China's economy grew by 9.4pc last year
    149 16 Reuter CHINA'S economy grew at a healthy rate of 9.4 per cent last year but the pace is expected to slow this year, the China Daily said on Monday. The newspaper quoted Wu Minglu, an official of the National Research Centre for Scientific
    Reuter  -  149 words
  • LATE FILE
    • Article
      Lock icon Moscow seeks N-test pact
      40 16 AP US-SOVIET negotiations on nuclear testing entered a second round yesterday with Moscow calling for agreement by June on anti-cheat-ing provisions that will permit ratification of two superpower treaties limiting the yield of test blasts. AP
      AP  -  40 words
    • Article
      Indian minister ends Soviet visit
      51 16 INDIAN Defence Minister Krishna Chandra Pant yesterday left Tashkent in Soviet central Asia at the end of a nine-day official visit to the Soviet Union, Tass news agency reported. He was seen off at the airport by General Nikolay Popov, commander of the Turkestan military
      51 words
    • Article
      Lock icon Lankan curfew lifted for festival
      43 16 Reuter SECURITY forces hunting separatist rebels on Monday lifted a 24-hour-a-day curfew clamped on Sri Lanka's eastern district of Batticaloa since last Thursday to let residents prepare for the Maha Sivarathri (Holy Night of Lord Siva) festival today.
      Reuter  -  43 words
    • Article
      Lock icon Israeli premier arrives in Rome
      36 16 AP ISRAELI Prime Minister Yitzhak Shamir arrived in Rome amid tight security yesterday on his first trip outside Israel since the Palestinian uprising began in the occupied territories in early December.
      AP  -  36 words
    • Article
      Lock icon 'Ensure peaceful Dhaka polls'
      66 16 Reuter PRESIDENT Hossain Mohammad Ershad of Bangladesh yesterday called on the army to ensure law and order during the country's parliamentary elections on March 3. "We shall deploy the army and take all other security measures to ensure the peaceful holding of the parliamentary elections," the
      Reuter  -  66 words
    • Article
      Lock icon Bangladeshi trade deficit rises
      34 16 Reuter BANGLADESH'S trade deficit rose to 4.67 billion taka in September 1987 from 1.86 billion in August but down from 5.64 billion in September 1966, central bank officials said. Reuter
      Reuter  -  34 words
    • Article
      Lock icon China has the most TV sets
      64 16 Reuter CHINA, where television was rare luxury 20 years ago, now has 600 million television viewers more than any other country. The New China News Agency said yesterday there were 100 million TV sets in the country and China was the world's biggest producer
      Reuter  -  64 words
    • Article
      Lock icon Ford to meet workers on strike
      48 16 Reuter FORD MOTOR Co has confirmed it will meet representatives of its 32,500 manual workers today in a bid to settle the week-old strike. "Clearly, such a meeting may well have the result of getting the matter sorted out," said a spokesman.
      Reuter  -  48 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      71 16 The US markets were closed yesterday for George Washington's birthday M E.D. F. MAN (SUGAR) LIMITED and SEE HOY CHAN (SINGAPORE) PTE. LTD. have formed a joint venture company m SIS '88 PTE. LTD. which has purchased the assets of Sugar Industry' of Singapore Ltd. Euro-Asia assisted in initiating this
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  • SHIPPING TIMES
    • Article
      Market crash forces lines to review positions
      491 17  -  By JUNE LIM CARRIERS in the Far East-Eu-rope trade have been forced to reassess their positions particularly for the second half following the Oct 19 stock market crash. Mr Wre Thomson, chairman of Ben Line Group, said prior to that eventful day lines
      491 words
    • Article
      Lock icon Showa Line will pull out from liner services
      246 17 Reuter SHOWA LINE, one of the six largest Japanese liner operators, will withdraw in the near future from all liner business to help it survive the current shipping recession, managing director Akira Yamada said. The company will halt liner services on the
      Reuter  -  246 words
    • PORTSIDES
      • Article
        Owners will hold 75pc of 3 reefers
        80 17 WEST GERMAN owners, Krupp Handel GmbH Seeschiffahrt and Christan F Ahrenkiel, will hold jointly 75 per cent ot three reefers which Ahrenkiel ordered from Shanghai Shipyard last spring. The identity of the company which holds the remaining 25 per cent interest in the
        80 words
      • Article
        Lock icon More bodies recovered
        79 17 AP OFFICIALS say 50 more bodies have been recovered from a boat accident on the Niger river, the Concord newspaper reported. The newspaper reported officials said they were preparing to call off the search, which now has recovered 150 bodies. The vessel capsized as it was leaving
        AP  -  79 words
      • Article
        Lock icon Oman will back up naval force
        142 17 Reuter OMAN would support deployment of a multi-national naval force in the Gulf, including Soviet ships, if it helped make navigation safer, Minister of State for Foreign Affairs Youssef Bin Alawi Bin Abdullah said. He said Muscat opposed an arms embargo against Iran to
        Reuter  -  142 words
      • Article
        Lock icon APL will depend on Korean agents
        133 17 Seatrade Week AMERICAN President Lines has decided to rely on its local South Korean booking agents Choyang Agency for marketing up to 1990 instead of taking advantage of the upcoming revision in Korean shipping law to open a full-style independent APL office. Permission for
        Seatrade Week  -  133 words
    • Article
      CONSORTIA
      163 18 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd
      163 words
    • Article
      Lock icon Captain claims to have no knowledge of arms aboard ship
      125 18 AP THE DANISH captain of a cargo ship, held captive by Christian militiamen in Lebanon for seven weeks after his vessel was found carrying arms to rival Druse fighters, said he did not know there were weapons aboard. "I know
      AP  -  125 words
    • Article, Illustration
      Port of Hamburg turns in one of its best results
      467 18 HAMBURG turned in one of its best results last year when it handled 56.7 million tonnes. This represents an increase of 4.1 per cent on the 1986 figure. Incoming cargo accounted for 66 per cent of the total shipped through
      467 words
    • Article
      Lock icon 'Incentive' cruise
      90 18 Fairplay AN INDICATION of the sort of money to be made from cruise shipping can be gleaned from the news that Kloster Cruise has chartered out one of its ships for three six-day cruises for over U*****,000 a day. The charterer is UK financial group Allied Dun- bar,
      Fairplay  -  90 words
    • Article
      INDEX TO ADVERTISERS
      786 18 AB Shpg V ABC Container VIII Accord Shpg VI Africa Ocean X Alltrons VM American Tpt X Anship Int'l V Anro Service IV AMI 1 A PC line V An M Arrow lines IX Asa (II Aston Oceon VI Bait-Canada line VM Bolt-Orient line VII Bonk line
      786 words
    • Article
      Nella Dan's owners attempt to clarify scuttling decision
      287 18  -  From KINGSLEY WOOD THE FINAL decision to scuttle the Antarctic supply ship Nella Dan off Macquarie Island on Dec 24 rested with the owners, J Lauritzen A/S of Denmark. It was made on the basis of reports by experts on the spot,
      287 words
    • Article
      Lock icon Pusan terminal to load and discharge goods simultaneously from April 1
      159 18 Seatrade Week OVERSTRETCHED Pusan Container Terminal Corp will operate a double cycle with simultaneous load and discharge from April 1 this year. In addition it will use its other central pier, currently used for log discharge, to receive container
      Seatrade Week  -  159 words
    • Article
      US embargo on Iranian oil boosts tanker market
      441 19 THE US embargo on imports of Iranian oil has benefited the tanker market, according to Norway's P F Bassoe A/S. Highlighted in the shipbrokers' latest report "The Shipping and Offshore Markets in 1987." is the paradox of the Iranian-Iraqi war human tragedy
      441 words
    • Article
      Ships can use own cranes if operator fails in its job
      310 19 THAI Communications Minister has stepped in the mobile crane controversy with an assurance that ships calling at Klong Toey would be permitted to use their own cranes if the private operator failed to deliver as promised. Mr Banharn Silpa-Archa
      310 words
    • Article
      Senator adds Khor Fakkan to its calls
      56 19 SENATOR Linie is to add the Middle East port of Khor Fakkan to its fortnightly eastbound schedule from Feb 26 when Korean Senator leaves Felixstowe. The company will be offering on-carriage by road to Oubai, Sharjah, Abu Dhabi and Doha, and a sea
      56 words
    • Article
      Mozambique to upgrade Beira port
      127 19 MOZAMBIQUE has been granted US$ll million by Sweden and Finland to buy container handling equipment for the Indian Ocean port of Beira. In a statement the two countries said the equipment would double the number of containers handled to 30,000 TEUs in 1990. "The long-term
      127 words
    • Article
      Lock icon TANKER RATES
      250 19 AFP RESUMPTION of attacks on neutral vessels in the Gulf over the past week led to a general rate improvement on the tanker market, London brokers EA Gibson say in their latest report. Very large crude carriers (VLCCs) operating in the Gulf enjoyed good demand, mainly on Saudi
      AFP  -  250 words
    • Article
      Containers pile up at Australian wharves, terminals
      279 19  -  Kingsley Wood THE CONGESTION that begen on Sydney whervee and in unpacking terminals in December hes worsened with thousands of containers now piled up and some importers waiting since November tor their csrgo The congeetion started with the cloeure in December of two
      279 words
    • Article
      Kuehne reports turnover of Dm1.9 billion
      62 19 THE WEST GERMAN divi- •ion of international for- warder Kuehne Nagel hat reported a turnover of Dm 1.9 billion for 1967. Thie is similar to its 1966 perfor- mance. After-tax results are expected to remain urv changed at omll million. Favourable domestic devef- opment
      62 words
    • Article
      SHIPPING LIST where your ships are due... and when
      8694 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      8,694 words
    • Article
      LONDON FREIGHTS
      1039 25 VARIOUS rumours were circulating the freight market on Friday concerning grain chartering from the US Gulf to Japan, shipbrokers said. Rates on this voyage were still reported to be firming for February loaders But market talk that up to US$2B had been agreed could not be confirmed, although
      1,039 words
    • Article
      SHIPS IN PORT
      1162 25 AT CONVENTIONAL WHARVES Bonglor Urmi J5 olongside 16 02/2300 Igloo Sky J2 olongside 16 02/0700 V*smI Barth Arrival Departure Jixing Korunio joyo J4/5 olongside Jl alongside 16 02/0800 1602/2300 KEPPEL WHARVES Nosionol J1 alongside 16 02/0600 April Glory K20 olongside 1602/1500 Nosionol joyo JI2 alongside 1602/2300 Bangkok
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      885 17 A® aO° V PUMttfMf hi, TIMES «Ott »W->* STP Distributors Tinwa PuMm/m»v Group sin& A p()RE v-OH siav (X> 1 .v-"" OOCL ORIENT OVBQIAS Go*Lim\ LINE WW/ JARDINE SHIPPING AGENCIES (R«C Ho 2420M/00K) 200 Cantonment Road #12-05 Southpoint. Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL/CFS Tel *****18 220
      885 words
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      Page 17 Advertisements Column 2
      60 17 mm HAMBURG turned in one of in best results lost year when it handled 56.7 million tonnes. Page II THE US embargo on imports of Iranian oil has benefited the tanker market, according to Norway's P F Bassoe A/S. Page 111 Index to advertisers II Ships in port IX London
      60 words
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      Page 17 Advertisements Column 3
      682 17 on BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping CorPte Ltd. TEL: *****33 This wee* Anw M Closing Time CY 17/2 2300 HRS CFS 17/2 1300 HRS AMU) M 8004 LIMA M 8804 ARTHUR M WO4 ANNA M MM M ROTTERDAM
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      486 18 Hapag-Lloyd "We wish all our Customers, Friends their families a Happy Prosperous Lunar New Year." K. Lumpur *****5 P. Katang *****18 CFS *****50 Perang *****7, *****2 i «5> r^=> m 2S m »t»? ••2 C» 5T*» •it fia PSfti r>\». VA OUTOO-JND TO NORTH CONTINENT COMPAGNIE MARITIME D AFFRETEMENT REGULAR
      486 words
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      Page 18 Advertisements Column 2
      18 18 Lines and services represented by Members of the Registry of Accredited [?i>o|BM Shipping Agents. Singapore National Shipping Association.
      18 words
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      Page 18 Advertisements Column 3
      354 18 CHA RGEURS REUNIS f'. V* lEARBULK LTD. STORE PORTLAND HAREFIELD IS/03 09/04 NANDU A. 04/04 24/S FOLOA 21/04 13/05 Also accepting breakbulk ego subj to inducement. CONTAINER SERVICE MELBOURNE 13/04 29/04 20/05 P.KEMBLA 17/04 04/05 25/05 AGENTS SINGAPORE ANGLO FRENCH SMiPPINC Tel 222*111 Telei RS2ISM Fji *****51 MALAYSIA elma MISC
      354 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      865 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd F&O Containers STRAITS SHIPPING Sinaioora to Sibah Sarawak Brunei Ports and Bangkok 33Hffl!S!!®3!niS05$TH3! pj.'.'il.l I t\i\ A-ia:V.V*MI IW.'.iTTiafl KM SPORE 19-a Fak In Part/17 Fak 23-24 Fak PEGASUS PROGRESS PEGASUS PROGRESS VSIIN It-27 Fak Vim BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL
      865 words
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      Page 19 Advertisements Column 2
      652 19 (-1 EUROPE VESSEL TMMISEMTN WF 80! MB TLB ■JO 22 83 24JS ■F W HJ3 SIM lIJ4 KM lU4 IF an IMS IIJ4 MJ4 MM lIJ4 *FN4 KM 27.Ma.Maj4 MM VESSEL ee im sin an an aii .EE m 14J2 12J2 11JZ 13.12 lELHM SOUTH EE Ml MJ3 1713 K.H
      652 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      401 20 mSINOSE 1 MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES Singapore Loading tor IRAN SHOJAAT m BANDAR ABBAS (2nd call) |3| KYOWA LINE Singapore Loading for: URANIA 4 27/2 JAYA, LAE, HRA, TLG, LTK, MALAU SPORE PK LOAD FOR A VESSEL 25/2 27/2 SAIPAN, GUAM, TRUK, PONAPE, EBE,
      401 words
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      Page 20 Advertisements Column 2
      573 20 K.Sline MM,I CHMtUTI—FULLY CONTAINERISED SERVICE Consortium ACE CONCORD 13N ORIENTAL CHIEF SM NEPTUNE DIAMOND 74W KOREAN JACEWON UW NEPTUNE CRYSTAL 44N CHINA CONTAINER 44M HONGKONG CONTAINER (ROM UROPF VIA SUE/ H Member of the Ace Consortium ill' ii'NUISrRISID 10 IROM NORTH IM»Hit 8 AIV .SSi •fORPOTHER VESSEL KJJ 42E/KOREAN WONIS
      573 words
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      Page 20 Advertisements Column 3
      284 20 f/A FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO CMTTABMIfi: SAILING 22/2 27/2 FOR: PORTO, LISBON, ORAN, BILBAO MADRID, MALAGA, MEULLA, TANQER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER ISTANBUL U.S.A. PORT MORESBY, RABUAL, LAE KIETA, MADANG KIMBE NOUMEA SUVA/LAUTOKA 8/3 8/3 ZEALAND AUCKLAND, WELLINGTON LYTTELTON, DUNEDIN ft
      284 words
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      Page 20 Advertisements Column 4
      1012 20 r EVERGREEN Full EVEB GREET EVER GLOBE EVER GENTLE EVER GENTRY EVU GUIDE EVER GM.OCN EVER GUAM) Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) »o!7o!£»1E 0 5i T 2?5?25 ,At,,YCL,,VA,, ~<l,,njtM* s c' 3%s44ig sVSiSS3iBgS£ VWWVwW» Tn K M IW M ■a s ,x ,sf J2? 5 s i I y 3? I
      1,012 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      519 21 PACIFIC INTERNATIONAL LINES P| L Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 WE WISH ALL OUR CLIENTS A r. "HAPPY AND m m PROSPEROUS LUNAR I NEW YEAR" fULL CONTMNER SERVICE TAEPING CHITRAL BOLAN ISLAMABAD TAI YUEN YR. BUILT S PORE 1910 16-17/2 1980 23-24/2 1980 29- 1/3
      519 words
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      Page 21 Advertisements Column 2
      504 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAH •'HAVEN RDM MAVtf STOD f KLANC SPOW rot) tm by SaiM SuM S*M S»M faiM Wi 2112 MM. MO m SeiM SwM S*iM S*<M btM M M. TK. M ifwt Uaran S*iM S*iM StM SwM SwM
      504 words
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      Page 21 Advertisements Column 3
      448 21 >r EXPRESS SEMI CONT/UNERSRIP SERVICES SIN6APQRE TO EURRPE VSL/VOY SPORE PALEMBANG/BWB 24-2S/7 GANOA BHAKTI ?Owe 12-14/3 S PANJANG/IIWB 23-25/3 KUTAI/14WB 28-30/3 S PORE BILBAO ANTWERP H BURG/ R DAM/AO AM BREMEN 24-26/2 30/3 2/4 12-14/3 IS/4 18/4 21/4 23-25/3 25/4 2S/4 30/3 5/5 9/5 Sufc|«ct to lnduo*m«ni Atoo accepting cargo
      448 words
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      Page 21 Advertisements Column 4
      345 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STM SHIPPIN6 CWMMTIM (Burmese National Line) Spore HTONCVWA V222W 22.74 FA 14/11 FA PA-AN VI2IW 22/24 FA AVA VMM 2S/29 Fab PAGAN Vl2* 3li Mar P.Kelang Penang Bangkok WM FA 25/2* FA Z Z BANK LINE EXPRESS SCMI-COMTAIMPQ c CLYDEBANK V22N FORTHBANK V2IN TAMAITAI SAMOA
      345 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1178 22 K"LiriE SHIPPinG DPITFi flTLflmkC COAST (Round-The-World Service) •PK/PNC SPORE LB CHLS RAINBOW BRIDGE VII Sid 1» Fa* 12 Mar 22 Mar NEPTUNE GARNET Vl3 20 Fab 25 Fat) 19 Mar 29 Mar ORIENTAL FREEDOM VIS 28 Fail 3 Mar 26 Mar 5 Apr •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG
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      Page 22 Advertisements Column 2
      749 22 ■MC INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* TrtIOOOK FONTANE V ISA SO NAGALANO V.3M INDIAN COURIER V 2*N THEOOOR FONTANE V 1«N S.O. TRIPURA V MM INDIAN COURIER V lON THEOOOR FONTANE V.I7N RAVI OAS V M INDIA/JAPAN/INDIA SERVICE Accepting FCL Contain*™ and Conventional Ct Cargo USA ATLANTIC/EAST CANADA
      749 words
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      Page 22 Advertisements Column 3
      661 22 GOLDEN LINE GUAN GUAN SHIPPING (Pit) LTD s a, TtMi kym Strwt Tp "4 SINGAPORE OM TO. UUM (It LINES) F*i 90SM STRAITS/PERSIAN GULF SERVICE: Sport P.Mta* Pen»« GOLDEN HAVEN Cotombo Karachi Out* 2S/26 F«fc OOIOCN LAND CotomtwKaraclu/Dutw 12/14 Mar CHINA SERVICE A VESSEL Shanghai Huniiang 23/24 Fab CHINA OCEAN
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      Page 22 Advertisements Column 4
      578 22 PHILI Oni€NT LIN(S PT€ LTD HEAD OFfiCC 63 ROBINSON POAD '07 1? AFRO ASIA BUILDING SINGAPORE 0106 TftfX RS ?87?0 PHIII fAA ??i5676 r asmsEnEiSE w'jpv'iiotf H. KONG KOBE. KEELUN6, MAW LA. BANGKOK. TOKYO. COLOMM. KARACHI. BOMBAY ***** SERVICE im, an. m MOMBASA. PrtfIESVMAfU BEMA. TAMATAVE. REUNION. TANGA LATTANA BENGHAZI
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      253 23 K NOL NEPTUNE ORIENT LINES LTD May prosperity goodwill reflect on you in the Year of the Dragon. Have a roaring New Year r >MEX ORIENT MEDITERRANEAN EXPRESS SERVICE JOINT SERVICE OF:MEMBER OF MED CLUB CHO YANG SHIPPING CO. LTD (CYS) NEPTUNE ORIENT LINES LTD (NOL) ORIENT OVERSEAS CONTAINER LINE
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      Page 23 Advertisements Column 2
      330 23 HEUN6-A SHIPPING Korean Flag Vessels 00*»AM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN. INCHON WISHING YOU A HAPPY PROSPEROUS CHINESE NEW YEAR S POKI HUMS MHIUNI *UNI US fit I II) It- *M't. m .vi.n;' i<>iwr .'J* ."Its KJ i Ifimcni .11. Shi .11 nk! it IS) MA A»S
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      Page 23 Advertisements Column 3
      731 23 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 ***** P. ttIAAC mWM US HANDLING SYSTEM CO SON BHD MESSRS MAI THONG SHIFTING 127 PanarajStraat. Pananf. Matayua
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      Page 23 Advertisements Column 4
      26 23 £2 *5 1i ft 4 fl MADJU SENDIRIAN BERHAD 20-12 Tonq Enq Bwldinq. Singapore 0106 Tel 2? r >S7B< 3 REGULAR VESSEL SERVICE TO BELAWAN WEEKLY
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  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      145 24 Regional Wtotbtr m AO i *1 V m i r/ s v EO SR* L U SKMMFtCANT WEATHER AND MA CONDfTKMt AT 7J§ AJL DM •<rWoo dwtl.oo »<•* ip«*d n knot* LfGCNO Rrwi.<xm A 1 w»o»t»»« Wmd dracfcon wit* tp*«d knot* Roin W„— R^fc. Cloudy Sk, W<tt« wwdt or* n4co)W
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      332 25 UNt-OCEAN LINES PTE. LTD. 60 Cecil Sr #02-01. KPB Building S'pore 0104 Tel: *****66 15 lines) Telex: RS ***** UNISHIP WISHING ML PATRONS A HAPPY AND PROSPEROUS LUNAR NEW YEAR LOOKING FORWARD TO SERVE YOU BETTER (WIMiOWAYS AC.ENCIKS IVI Til: *****07/ *****89-91 BOMBAY: 26 Feb MADRAS/ CALCUTTA: 19 Feb 26
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      Page 25 Advertisements Column 2
      72 25 \\CSP\ CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fax *****15 CRYSTAL FREIGHT SERVICES PTE LTD Tel: *****88 (8 Llnee) Tlx: ***** Fax: *****88 REGULAR CONSOL PORTS: LA/NY 23/2, 1/3 BOMBAY 27/2, 19/3 ROT/HAM 24/2, 27/2 COLOMBO 23/2, 29/2 AUCK/WEL 23/2, 4/3 CHITTG 22/2, 27/2 SYD/MEL 23/2, 2/3 BUSAN
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      Page 25 Advertisements Column 3
      690 25 UNIPACIFIC TRANS TRADING AGECY PTE. LTD. jCE IRAQI LINE IRAQI S T 4T( H'lMI SI IQI T«««jro« T AIFARABI UN SINDBAO MV ALFARABI EAST BOUND SERVICE ETA S PO*€ LOADING FOR »2 Jmm WEST BOUND SERVICE fTA S PORE LOADING F0« »3 ;«kUh Aojha THROUGH B/Li to BAGHDAD UPON REQUEST
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      346 26 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS 22,061 RS ***** t I \s| I K\ \l< I l\l k III). STRAITS/ JAPAN/ STRAITS SERVICE PECIALIST IN RO-R0 HEAVY LIFTS Senboku •Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN CHINESE PORTS, SUBJECT
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      Page 26 Advertisements Column 2
      599 26 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE LeHavre Connect m| VSI W ATLANTIC CONCERT 17/3 STUTTGART EXPRESS VSI Sport LeHayre Connect m| VSI f? r 8 PERMAI \na 7217 m ATLANTIC CONCERT KORRIGAN 21(7 17/3 STUTTGART EXPRESS Houstonflßeiico Vera Cruz, Mexico City. Also serving Halifax, Montreal. Toronto. Now York.
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      Page 26 Advertisements Column 3
      148 26 W mJ3 WE WISH ALL OUR CLIENTS, BUSINESS ASSOCIATES 7i LS XI FA CAI RHENANIA INTERNATIONAL TRANSPORT SERVICES PTE LTD SPORE J3&3133 338/538 TAIWAN (0?) 393 1101 FAX 33Sel/'4 BREMEN (04?1) 3W 0 SIDNEY (C:) &69 ?09S MEIB (03) 333 3711 SHIPPING PTE LTD TEL *****55 TLX: RS ***** FAX
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      Page 26 Advertisements Column 4
      385 26 i CALL US AT: P. KELANG PENANG J. BAHRU P. GUOANG i SINGAPORE 1 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 i.i-nii.i'V Tur,!,:'!;;'T],M SINGAPORE I LEHARVE B BUTANG 421 I. VF aUTANC <25 N DELFT OTHER DESTINATIONS AARHUS
      385 words