The Business Times, 25 October 1988
1988-10-25
1
48
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The Business Times
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Title Section11 1988-10-25 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, OCTOBER 25, 1988 75 CENTS11 words
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Article250 1988-10-25 1 AFP Dow Jones down NEW YORK stocks declined yesterday morning in a session dominated by takeover and buyout news. The Dow Jones Industrial Average slipped 8.71 points to 2,174.79 in the first hour of trading. Losers outnumbered gainers by about four to three, with 372 up, 511AFP - 250 words
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Article, Illustration236 1988-10-25 1 SPILLOVER buying interest from last Friday boosted share prices on the local stock market yesterday while other major regional stock markets closed lower in thin trade. Dealers said although both retail and institutional investors were still bargain hunting for stocks, some of them decided to236 words
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126 1988-10-25 1 THE BANK of England yesterday intervened to support the British currency during early trading in London, buying pounds for West German marks at around 3.12 marks. Sterling had sunk to around 3.11 marks in the Far East, reflecting the sharply126 words
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446 1988-10-25 1 MAGDALENE NG - By MAGDALENE NG THE WEARNES GROUP has finalised plans to float one of its profitable associate companies Wearnes Polytek Holdings (S) Pte Ltd on Sesdaq. The size of the issue, comprising entirely new shares, is not known but is understood to446 words
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Article, Illustration577 1988-10-25 1 FOO CHOY PENG - To restrict markets is to upset a proven system By FOO CHOY PENG PRIME MINISTER Lee Kuan Yew yesterday warned that protectionism could force stronger countries to revert to territorial expansion if they cannot improve their economic well-being through peaceful competition. In a strong577 words
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409 1988-10-25 1 AFP CHINESE VICE-PREMIER Tian Jiyun has said that the country's economy is in chaos and that foreign investment in coastal areas is under threat, according to the New China News Agency. "It is unthinkable that economic exchanges with foreign countries could workAFP - 409 words
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Article89 1988-10-25 1 AFP INDONESIAN Economy Minister Radius Prawiro said yesterday the government would soon launch sweeping reforms to deregulate several sectors of the country's economy. "We will soon be announcing yet another package in our programme of continued economic reform." Mr Prawiro told an Australian-Indonesian business conference inAFP - 89 words
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Article, Illustration430 1988-10-25 1 RICHARD SEAH - By RICHARD SEAH RIDICULOUS offers have been made to hi-fi enthusiasts through the classified advertisements in The Straits Times. And behind the apparent nonsense, the local agent for a top-end compact disc player suspects, is someone out to430 words
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Page 1 Advertisements
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Advertisement35 1988-10-25 1 Nikon The World s Finest Photographic System. •rtre CHAIRMASTER INTERNATIONAL COLLECTION HEJSRy Appointed Distributor: HENRY DESIGNCENTRE PTE LTD HENRY BUILDING 5 Eunos Ave BA, Singapore 1440 Tel: *****66 Tlx: RS ***** HOC Fax: (65) *****0735 words
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Advertisement232 1988-10-25 1 Full report, PAGE 18 Regional mkts, PAGE 20 Editorial Comment: 12 A bigger pie for all Tourism 2 Sentosa to give swing to corporate dollar Computer software: 3 WordStar maker plans regional base here Business contracts 4 Beijing reassures investors Diplomatic visit 8 Kohl goes to Moscow with high hopes232 words
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Advertisement25 1988-10-25 1 Special 16-page BT supplement Multilateral solutions to trade imbalances needed, BACK PAGE MNCs take the cue, BACK PAGE Jakarta, Canbarra seek better ties, PAGE 425 words
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Advertisement73 1988-10-25 1 Nikon The World's Finest Photographic System. All contracts to bo honoured In aptta of austortty, China rsassuros Investors, PAGE 4 Calls for tha rottromont at Dong Xiaoping, BACK PAGE Po/ho'de Cartier m H i 5* S m i i i i m Vi Asx l \\y o>THE ULTIMATE WATCH mu/t*73 words
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HOME NEWS
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Article, Illustration385 1988-10-25 2 SANGEETA MULCHAND - By SANGEETA MULCHAND SENTOSA s big celebration next week, when the $14.5-million ferry terminal will be officially declared open, will also "sell" the island as an attractive venue for corporate partying. "The trouble with Singapore is not in finding decent food or385 words
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377 1988-10-25 2 TONG SUIT CHEE - By TONG SUIT CHEE THE HOLIDAY ISLAND of Sentosa will have another hotel, a water theme park and other new attractions if a third tender for projects on the island is successful. Nine parcels are included in the tender which will be377 words
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219 1988-10-25 2 ALTHOUGH COMPUTERS may never replace the role the teacher plays in the classroom, they have two definite roles to play in the education system of the future. said Dr Tay Eng Soon. Senior Minister of State (Education). Addressing delegates at the219 words
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393 1988-10-25 2 JOHN THOMAS - By JOHN THOMAS SINGAPORE enterprises seeking new opportunities in West European countries that will form a free market union in 1992, which its critics call "Fortress Europe", have been urged to get a foot in the door by stepping into Gibraltar. Gibraltar's Chief393 words
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254 1988-10-25 2 A CHARITY CARNIVAL to raise $35,000 will be held this Saturday at the Singapore Conference Hall. It is being organised by the Singapore Council of Social Service (SCSS) as part of its 30th anniversary celebrations. This was announced yesterday by Or Ee254 words
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204 1988-10-25 2 SINGAPORE Aero Engine Overhaul Pte Ltd. a subsidiary of Singapore Aircraft Industries, yesterday unveiled a $10 million jet engine test cell at Paya Lebar Airport. Designed and built by Aero Systems Engineering of the US. the new cell has a thrust of204 words
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Article182 1988-10-25 2 THE SINGAPORE Bus Service (SBS) will send three officials to Japan in response to the Traffic Police's call on transport companies to adopt a proven Japanese scheme on safe driving. Called the Safe Driving Supervisor Scheme (SOS Scheme), it is mandatory in Japan, where it has182 words
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219 1988-10-25 2 THE Singapore Manufacturers' Association will soon sign two agreements that will boost Singapore's economic cooperation with Canada and India. A delegation from the Canadian Manufacturers' Association (CMA) next Thursday will sign a Memorandum of Understanding with SMA. This will be SMA's219 words
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70 1988-10-25 2 SOME 120 Singapore incorporated companies are to take part in a machine tool and automation show. MetalAsia/AutomAsia 88. which will be held at the World Trade Centre from Nov 22 to 25. MetalAsia/AutomAsia 88, a biennial exhibition, will feature machine tools, metalworking and automation systems from70 words
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208 1988-10-25 2 A FIVE-DAY exhibition on the electrical and electronics industries begins today at the World Trade Centre Halls 3 and 4. Enex-Asia 88 comprising Asia Electronics '88 and Electric Asia '88 will be officially opened this morning by Mr Mah Bow Tan, the208 words
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Page 2 Advertisements
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Advertisement163 1988-10-25 2 One hotel in Hong Kong helps you finish the most important business of all. The challenge of doing business in Hong Kong isn't always concluding the deal. It's also concluding your meetings in time to fit in your shopping. At Hyatt Regency Hong Kong, we'll help you finish everything on163 words
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Advertisement146 1988-10-25 2 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! WORLD-WIDE BUSINESS CENTRES tS> PTE LTD #11-04/06 Peninsula Plaza, Tel: *****69 Complete facilities telex fax copier word processing secretarial services conference room, answering service, long short term lease you name it' to w \T f* r*?r V146 words
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TECHNOLOGY
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Article, Illustration721 1988-10-25 3 Jeffrey Tsang - I I?® eaama Jeffrey Tsang NEXT. In a world where computer introductions come by almost daily, to call a new offering the Next Computer is presumptuous at the very least. But the company that so brazenly calls its computer Next is headed by Steve721 words
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Article, Illustration646 1988-10-25 3 JEFFREY TSANG - By JEFFREY TSANG SOFTWARE VETERAN MicroPro plans to establish a regional base in Singapore which will work on training, support, product development and even manufacturing. The company, which sells through a regional distributor, established a subsidiary in Singapore 12 months ago646 words
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212 1988-10-25 3 UPI BROMINE-containing chlorofluorocarbons, which are commonly used in fire extinguishers, pose an even greater danger to the earth s protective ozone layer than other chlorofluorocarbons. scientists say. In a study in the British journal Nature, researchers from West Germany and India recently reported thatUPI - 212 words
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143 1988-10-25 3 NYT SCIENTISTS at Brigham Young University in Provo, Utah, recently announced the discovery of 1 8-metre-wide pelvic bones of a dinosaur. They estimate that the creature, probably a large relative of Diplodocus, was 30 to 40 metres long. The bones a pelvis and sacrum,NYT - 143 words
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76 1988-10-25 3 Reuter TOSHIBA CORP plans to set up a new mass-producing system to increase the production of cop-per-thick-film hybrid integrated circuits (ICs) by 50 per cent to 600,000 units a month by next April. A company spokesman said the revision is due to stronger-than-expectedReuter - 76 words
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Page 3 Advertisements
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Advertisement33 1988-10-25 3 Some airlines consider it a luxury to serve champapne on board. We prefer to serve it on pold. WfYAL BRUNEI Touching the world r V. X m M 3 >r v. Si m33 words
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ASIA-PACIFIC
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506 1988-10-25 4 All contracts to be honoured despite austerity AP CHINESE OFFICIALS are taking pains to assure foreign businesses that their contracts will be honoured despite plans to slash domestic spending and shut down hundreds of Chinese companies China's handling of its latest austerity drive, theAP - 506 words
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147 1988-10-25 4 Reuter INDONESIA and Australia said yesterday that they would improve their troubled relations through trade, although differences between the two neighbours were inevitable. "The relationship certainly has had more than its share of challenges, but I am confident they can be managedReuter - 147 words
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305 1988-10-25 4 Agencies NATIONAL reunification may be achieved in Korea "before the end of this century". South Korean President Roh Tae Woo says. In an interview with Newsweek, President Roh said he favoured a relaxation of the US ban on trade with communist North Korea. HeAgencies - 305 words
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Article162 1988-10-25 4 Reuter THE UNITED STATES and South Korea yesterday began trade talks with the Americans set to keep pressure on Seoul to open politically sensitive agricultural and service markets. A South Korean Foreign Ministry official said: "Given that the US presidential election is only twoReuter - 162 words
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151 1988-10-25 4 UPI THE SOVIET UNION has built more than 250 major projects in Vietnam, accounts for 64 per cent of Vietnamese trade and is doubling its economic support. official Vietnamese radio said yesterday. The Voice of Vietnam Radio said on Sunday night that VietnamUPI - 151 words
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Article928 1988-10-25 4 ARRIVALS Operator Sorvico number Local time From MAS MH651 0910 PEN MAS MM630 0920 KUL ACA AC888 0925 YYZ/LHt/IOM SIA SQ103 0950 KUL C PX CX710 0955 CGK CAl C1806 1000 CGK GU GA960 1100 CGK SIA SQ105 1105 Km RBA *1421 1130 JWN SU SQ201 1145928 words
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Page 4 Advertisements
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Advertisement602 1988-10-25 4 jVhat to Buy I t\<n r", lOx I £*> AjnmrioM'm lnd ß p end ~*^^"ss3s? e "t report for bus in ems coxtrntunmrw s=?° Volame 3 W Number 2 K i +<*»*. -~s£§§w <tT 03t mtm-rft-crs who hoc* pan ~■> our tar-r ct»wr*cl mtdtiM rmrtorraar*r»> snrt ****>• T& rfxJ)rs rfrrn602 words
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Advertisement64 1988-10-25 4 T I T/Vl \g V|\ Tfl 1£ The business person's choice, every I I II |l| I Tuesday. Thursdov. Saturdav'ond I I lIX I f I I I I Sunday. Leaving Cxingi Airpor* at I V I W J1 V J 22 05 hours and arriving at Lester B Pearson64 words
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REST OF THE WORLD
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228 1988-10-25 5 IHT LEADING economic advisers to both US presidential candidates believe that the next US administration must give top priority to cutting the US budget deficit, first by controlling spending, and by tax increases only if that fails. In interviews with the International Herald Tribune,IHT - 228 words
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320 1988-10-25 5 AP JESSE JACKSON and the running mate of Democrat Michael Dukakis have accused the campaign of Republican George Bush of injecting racism into the presidential race by blasting Mr Dukakis over a Massachusetts prison furlough. A spokesman for the Bush campaign said the chargeAP - 320 words
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186 1988-10-25 5 Reuter BRITISH inflation will run close to 5 per cent on average through to 1992 and will be the highest among the Group of Seven industrialised nations, a study by Lloyds Bank predicted yesterday. The British annual inflation rate will average 4.9 perReuter - 186 words
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239 1988-10-25 5 UPI POLISH LEADER General Wojciech Jaruzelski said he would not hesitate to use force to crush the political opposition if it tried to overthrow the communist system, the official news agency, PAP, said in Warsaw on Sunday. The report of Gen Jaruzelski's threat came asUPI - 239 words
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509 1988-10-25 5 Proposal seen as check against Afghan-style involvements Reuter A RULE allowing parliament to decide on the use of limited contingents of the armed forces, an apparent check against another Af-ghanistan-style involvement, is among proposed amendments to the Soviet constitution. The proposal followsReuter - 509 words
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Article298 1988-10-25 5 UPI IN ANOTHER OVERTURE to China, the official Pravda newspaper described a 1950 clash between Mao Zedong and Josef Stalin in which the Chinese leader demanded that his new communist nation be treated as an equal by Moscow. The article in Sunday's edition of Pravda.UPI - 298 words
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Page 5 Advertisements
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Advertisement182 1988-10-25 5 MDM .LA MONTRE DES MONTRES LA MONTRE DES MONTRES IT J- U MONTRE OES MONTRES LA MONTRE DES MONTRES GEN EVE Time is divided into two parts: before and after Hublot. 11/ Time is no longer an (mm abstract concept. It is now HUBLOT an advanced piece of machinery. When182 words
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Advertisement150 1988-10-25 5 HOW TO INCREASE PRODUCTION 3 TIMES FROM A SINGLE SHIFT" MR H BCHAN VICE PRESIDENT 4 MANAGING DIRECTOR CONNER PERIPHERALS SINGAPORE LTD "WHEN WE MOVE TO NEW TECH PARK, WE'LL TRIPLE OUR PRODUCTION AREA AND INCREASE PRODUCTION CAPACITY BY 3 TIMES," SAYS MR CHAN OF mrmmmCONNER PERIPHERALS. ONE OF THE150 words
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Page 5 Miscellaneous
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Miscellaneous82 1988-10-25 5 Singapore Montreal Moscow Nassau New Delhi New York Nicosia Oslo Paris Perth Rio 'Janeiro Rome San Fris'co Son Juan Santiago Sao Paulo Seoul Stockholm Sydney Taipei Tokyo Toronto Voncouver Vienna Warsaw Washington 08/02 Roin 04-04 Clear 29/18 Clear 33/19 Clear 16/07 Cloudy 25/12 Clear 07/02 Cloudy 16/10 Clear 26/13 Fine82 words
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Miscellaneous46 1988-10-25 5 Doonesbury Rise ANP SHINB, DUCKS! UP ANP AT'EM! "1 2S TIMS TOtMRKTHB STRB6TS! YOU'RB GOING TOM ISS THSRUSHHOUR PZPZSTRJAN TRAFFIC! BY GARRY TRUDEAU HBRB'S YOUR LUNCH BOX. NOMGB.T GO/N7 LUNCH BOX {MAT'S IN IT? NOTHING, RBMSMB&R* OH, RIGHT. #> m m m CAMPERS, y \cs mm i46 words
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COMMODITIES
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Article159 1988-10-25 6 SINGAPORE: Rubber prices closed easier yesterday with November RSS One buyer quoted at 210.00 cents a kg. down three cents from Friday's close. Prices continued to fall slightly in the afternoon on light speculative selling and long liquidation of November positions in quiet trading. TSR-20 prices were little changed159 words
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Article16 1988-10-25 6 Closing prices on Oct 24 KL TIN (Mj/kg) A W 1 Price Closed Turnover (tonnes) Closed16 words
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Article206 1988-10-25 6 RAS SSR RAS prices In S cent«/kg. FOB In bales NOON CLOSE Buyers Sellers Buyers Sellers kit 1 RSS Prompt 209.00 211.00N 209.00 211.00N Int 1 RSS Nov 88 210.00 21 2.00N 210.00 211.00N Int 1 RSS Dec 215.00 216.00N 214.50 215.50N kit 2 RSS OP 209.00 211.00N 209.00 211.00N206 words
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Article288 1988-10-25 6 Source: Telerate FUEL OIL PRICES weakened in line with the erosion of crude oil levels yesterday. The outcome of the Opec meeting was inconclusive and traders expected a further downward movement in the near term. Sellers' offers for CSTIBO lots were around $61 mt FOB SingSource: Telerate - 288 words
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Article310 1988-10-25 6 HONGKONG: Gold closed lower in active trading with selling orders from Japanese and US investors. Bullion ended at U*****.25/75 an ounce against the opening of U*****.10/60 and New York's U*****.25/75 close on Friday. On the local market, gold fell HK$27 to close at HK53,796 a tael. Coins were310 words
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482 1988-10-25 6 Talks failed to get Iraq back into the agreement Reuter OIL PRICES plunged in the Far East yesterday after the Opec cartel failed to come up with new measures to curb output. After three days of talks aimed at forging an agreement toReuter - 482 words
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500 1988-10-25 6 Reuter VOLUME ON the New York Coffee. Sugar and Cocoa Exchange (CSCE) has reached a record 8.3 million contracts so far this year due to increased volatility, and analysts said the potential for further wide price swings in two of these softReuter - 500 words
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165 1988-10-25 6 Reuter SOUTH KOREAN farmers angered by a plunge in red pepper prices stacked tons of the vegetable in the streets in protest against government policy. A farmer said on Sunday that a government decision to import cigarettes caused a glut because farmers haveReuter - 165 words
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Page 6 Advertisements
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Advertisement218 1988-10-25 6 An Ancient Practice. v wm v A mi m i*. ii.j It's worn in high places. On high seas, on the peaks of the most challenging mountains, and in the prestigious skyscrapers of Manhattan. It tells you the time. In 12-hour cycles. And in 24-hour cycles. It reads the stars218 words
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Page 7 Advertisements
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Advertisement454 1988-10-25 7 As a company treasurer, you're constantly caught up in prickly situations. Day in, day out, your decisions and your company's projections are at the mercy of a frightening variety of financial risks. Risks that could easily wipe out your profitability or destroy your competitive edge. They were born with all454 words
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FOCUS
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Article, Illustration1268 1988-10-25 8 SERGE SCHMEMANN; MICHAEL FARR - West German Chancellor Helmut Kohl, accompanied by five Cabinet ministers and 50 businessmen, is in Moscow now for an historic summit. Mr Kohl, the last of major Western leaders to meet Mr Gorbachev, hopes to open a new chapter in Bonn-Moscow relations.NYT - 1,268 words
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Article, Illustration539 1988-10-25 8 NYT WEST GERMAN hopes of exporting a high-tempera-ture nuclear reactor to the Soviet Union was taken a step further yesterday when Chancellor Helmut Kohl signed a technology agreement in Moscow. The order, worth more than 1 billion marks (US$555 million),NYT - 539 words
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Page 8 Advertisements
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Advertisement279 1988-10-25 8 SHAKESPEARE WOULD'VE LOVED IT. Early drafts of William Shakespeare's brilliant manuscripts have become collectors' items because they show his scribbled notes and edits. Such editing is interesting now, but it must have been a pain in the neck back then. If he were around today, Shakespeare just might prefer to279 words
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Page 9 Advertisements
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Advertisement264 1988-10-25 9 The little Da Vinci Chronograph with perpetual The automatic Da Vinci Chronograph with moonphase display, bv IWC. Yet another great perpetual calendar and moonphase display by work from a group of old masters. IWC. Eloquent proof that the future does not belong to the computer alone: A truly remarkable mechanical264 words
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MONEY AND EXCHANGES
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295 1988-10-25 10 Reuter THE Bank of Japan has acted to broaden the interbank market and give itself better control of interest rates. Brokers in Tokyo last week said the bank wanted to encourage greater use of both the bill and uncollateralised call markets overReuter - 295 words
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Article772 1988-10-25 10 Reuter SINGAPORE: The US dollar yesterday closed slightly higher against most major currencies Against the Singapore dollar, the greenback ended unchanged at 2.0055/65 in quiet trading. It traded within a range of 2.0054 and 2.0068 after opening at 2.0050/60. OCBC The active trading of the dollar was mainlyReuter - 772 words
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Article284 1988-10-25 10 Asian market ASIAN dollar deposit rates ended a quiet day's trading with rates little changed from opening levels yesterday. The market is looking to tomorrow's announcement of the US preliminary third quarter GNP data for further clues about the strength of the US economy. Short-dates and period rates were mostly284 words
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Article1036 1988-10-25 10 Monday, Oct 24, 1988 DEUTSCHE MARK (SIMEX) No* M col High Low low High Ho* 88 puto Low SoM 52 53 54 55 56 57 2208 588 Doc 88 col High LOT 225 53 13 I* SM High 6A 27A Doc 88 puto CAB CAB CAB 4 28 521,036 words
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Page 10 Advertisements
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Advertisement126 1988-10-25 10 r BLAUPUNKT BOSCH Group It's a small point. But it makes a world of difference. Some crave power. Others set great store by a car's length. Others won't do without a 4-wheel drive. But when it comes to car radios, opinions don't differ quite so much. Some appreciate the power126 words
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BANKING AND FINANCE
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Article228 1988-10-25 11 Interbank rates at 3pm yesterday: Currencies Huiiiki •1 rate* SmNheonlan BID OfFtH cross parity change Local dollars to one unit of foreign currency: US dollar 2.0055 2.0065 2.8196 -28.87 Sterling pound 3.5096 3.5133 7.3469 -52.23 Australian dollar 1.6404 1.6433 3.4286 -52.16 NZ doMor 1.2484 1.2510 3.4286 -63.59 Conodion228 words
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758 1988-10-25 11 PAUL FRANKLAND - mmm (Mm 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 Union758 words
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Article509 1988-10-25 11 DECEMBER Eurodollar futures opened five ticks lower in Simex yesterday from Friday's closing at 91.26. Reports that the US Technical Correction Bill to include the repeal of longbond authority was approved on Saturday dampened sentiment. Losses were limited by lower oil prices as negotiations on Opec quotas stagnated. Prices509 words
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Article238 1988-10-25 11 IMM currency futures were mainly higher last Friday as traders grew more bullish in the absence of central bank intervention against the US dollar. Traders bought yen and Continental currencies throughout the day as the dollar moved progressively lower, shattering several support levels. Sterling futures ended on a weak238 words
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Article80 1988-10-25 11 NYT THE MELLON Bank Corp said last Friday that it had completed several more stages of a restructuring to rid itself of about US$l billion in bad loans. The bank signed an underwriting agreement with Drexel Burnham Lambert Inc that commits the Wall Street firm toNYT - 80 words
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Article63 1988-10-25 11 THE OVERNIGHT rate on the Singapore money market rose point to close at 4% per cent yesterday. Short term rates were unchanged across the board. r i S$ Interbank rates at the close yesterday: Off» MO Ow. <*g* 4 7/8 4 3/4 1-flionrti 5 3/16 3 1/16 2-monlti63 words
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98 1988-10-25 11 Reuter BANKS IN INDIA will remain shut off from the international foreign currency market. "The time is not yet opportune to open our markets for competition with our counterparts else- where." Reserve Bank of India's (RBI) additional exchange controller K N Bhargav toldReuter - 98 words
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Article114 1988-10-25 11 Treasury bills Period Issue Yesterday's closing Day's code Maturity RID OFFER HIGH LOW 3 months 8Q*****S 12.01.89 4.43 4.38 4.41 4.33 6 months 6Y*****Z 23.03.89 4.63 4.58 1 yaor BY*****S 20.07.89 4.65 4.60 4.65 4.62 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code114 words
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Article, Illustration177 1988-10-25 11 Indicates tha mrtga of ttw prim* tending rates of 12 major banka In S'pora Interbank market rates (offer/bid) on Oct 24 us$ DM SWFC Y«n 7 doyt 3/8 1/4 11 J/4 S/« 4 IS/16— 11/16 3 1/J —3/» 4 7/16 5/16 1 m* I 3/« 1/4 12177 words
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Article190 1988-10-25 11 Reuter FIFTY-TWO Japanese mutual banks are likely to be allowed to operate full banking business as of Feb 1. 1989 According to banking industry sources last week, the Japanese Finance Ministry told the National Association of Sogo (mutual) Banks that it will issue notification todayReuter - 190 words
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324 1988-10-25 11 UPI AMERICAN BANKS are battling their European and Japanese counterparts to establish lucrative links with more than 30 banks in China that are permitted to operate internationally. At stake are fees for handling payments for China's growing export and import business. Last year, suchUPI - 324 words
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Page 11 Advertisements
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Advertisement68 1988-10-25 11 v KRJZIA Ermenegildo Zegna Europe nights get a whisper of Quiet Chic, as European designers rediscover that simple can be sensual. NOW OPEN Boutique Maxim's De Paris Luciano Soprani Ermeneaildo Zegna Mariella Burani Krizia Louis Quartorze Diane Freis Trussardi Jeans/Action Selangor Pewter Vienna Bijou Roberta Di Camerino R. Martegani Ken68 words
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PERSPECTIVE
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Article486 1988-10-25 12 THE BUDGET presented by Malaysian Finance Minister Daim Zainuddin last Friday turned out to be more generous than expected. After two years of austerity budgets, the Malaysian government has gone all out to boost the economy, with the private sector given a range of incentives486 words
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Article, Illustration1287 1988-10-25 12 CHUANG PECK MING - Last week's Asean Economic Ministers Meeting ended a day early. Was it because the ministers had too little to discuss? Not so, says CHUANG PECK MING, who covered the event in Pattaya. CHUANG PECK MING, THE BEACH at Pattaya could have put Asean economic ministers1,287 words
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Article524 1988-10-25 12 THE ASEAN CAR began as a dream. After more than 10 years, that dream or at least parts of it may be close to becoming reality Last week, Asean economic ministers signed a memorandum of understanding on complementation for vehicle parts. Even until the last524 words
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REGIONAL VIEWPOINTS
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Article201 1988-10-25 13 Our weekly summary ol what other publications have to say about issues ol regional interest. THE PHILIPPINES "AFTER SIX MONTHS of acrimonious negotiations, the US and the Philippines have reached agreement on payment for American usage of the six military complexes in the Philippines. If the201 words
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Article216 1988-10-25 13 "PHILIPPINE Foreign Secretary, Raul Manglapus. has shown his sense of realism by agreeing to sign the new agreement on the US bases in his country, Clark and Subic, thus preventing a total breakdown in the sometimes acrimonious talks he has conducted with his American counterparts since216 words
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Article183 1988-10-25 13 INDONESIA "THE WIDE political interest shown towards the upcoming national congress of Indonesia's ruling Functional Group, Golkar, only proves its important role in determining the future course of this country's political development "Without belittling the impor- tance of power distribution, an absorbing problem in any political grouping around183 words
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Article147 1988-10-25 13 "THE FRUSTRATING PROBLEM of first job seekers given the scarcity of available employment opportunities is demonstrated so tragically by the death of at least seven persons in Surabaya, trampled when queueing to deliver their applications "If anyone is still not convinced about how serious the problem147 words
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Article191 1988-10-25 13 HONGKONG "ECONOMISTS and historians agree the worldwide stock market crash a year ago on Wednesday was a blessing in disguise. The more realistic market situation today reflects the hard lessons learned when the bottom fell out of the world bourses on Black Monday, Oct 19,191 words
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Article207 1988-10-25 13 MALAYSIA 'RECENT FINANCIAL SCANDALS involving major corporations and deposit-taking cooperatives have strongly indicated the presence of black sheep in the fold of professional public accountants. And more recently, the Inland Revenue Department (IRD) found accounting firms in collusion with their clients, falsifying accounts to evade tax or207 words
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Article173 1988-10-25 13 SINO-SOVIET TIES "WITH CHINESE LEADER Deng Xiaoping's announcement that a historic summit meeting with Soviet President Mikhail Gorbachev may be held next year, it appears the warming trend that has characterised Sino-Soviet relations in recent years is becoming a genuine thaw. The reform-minded leaders of173 words
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Article, Illustration1275 1988-10-25 13 H JOSEF HERBERT - America's Airline Deregulation Act came into force 10 years ago. While there is little hunger for a return of government controls, there are some who feel that some elements of today's market-oriented industry have gone awry. There are complaints about the concentration of theAP - 1,275 words
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Page 12 Advertisements
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Advertisement188 1988-10-25 12 UK AND EUROPE AFTER 1992 THE EUROPEAN COMMUNITY WILL BE ONE SINGLE MARKET. THE POTENTIAL CUSTOMER BASE WILL HAVE RISEN TO 320 MILLION PEOPLE. WE NOT ONLY HAVE TO BE READY TO MEET THE INCREASED DEMAND BUT ALSO TO PREPARE FOR THE RADICAL CHANGES AND FULL IMPLICATION OF EEC MEASURES188 words
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Page 12 Miscellaneous
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Miscellaneous19 1988-10-25 12 Bristol Ftanfrfrrfcrrfi 37 i 4 f VCMtNG STA*QA«9 CO LTQ I*2 I'LL BOOK you IN PoR h SCfMsl iN19 words
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Page 13 Advertisements
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Advertisement37 1988-10-25 13 V W: I i A W: s Jj£\ Cuftot Court SHOPPING GALLERY 131, Tudor Court Shopping Gallery, Tanglin Rood. Singapore 1024, Monday to Saturday 10 00am to 7 00pm Sunday 11 00am to 6.00pm Tel: 733 733337 words
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LEISURE
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Article, Illustration644 1988-10-25 14 UPI AUTHOR Steven Schneider's lifelong love for cartoons has culminated in "That's all folks!", a book that documents the colourful history of the Warner Bros Animation Department. "I made an early fetish of these films as a kid," Schneider, 31. said of his lifetime fascinationUPI - 644 words
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625 1988-10-25 15 The lonely hearts columns can be a revelation to those who still see the Germans as brusque and coolly-efficient workhorses. What emerges instead is an extraordinary mixture of sentiment, kitsch and materialism. FT THE BONN LADY from Box No Z***** wants a manFT - 625 words
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Article, Illustration454 1988-10-25 15 Agencies THE BIBLE took a big step into the computer age recently, nudged along by a group of men who want to spread the good Word electronically and a second group who want to bring in the sheaves. The Good Book of the future isAgencies - 454 words
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Page 14 Advertisements
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Advertisement256 1988-10-25 14 Where to entertain. 1 M y c? GTJ BAKED KING PRAWNS WITH BUTTER A dish that befits a King Butter generously spread onto baked King prawns, which are marinated in freshly ground ginger and Chinese wine Available only in October at the Meisan Szechuan Restaurant on level 2. Royal &nn.256 words
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Advertisement108 1988-10-25 14 Bubbling, Simmering, Piping, Hot Steamboat Buffet MING PALACE/POOLSIDE 7pm 10.30pm, Ist 30th Sept Select from: Fresh Big Sea Water Prawns Garoupa Meat Fish Balls Beef Chicken Cuttlfish Crab Liver variety of vegetables variety of noodles SSl5+ per adult Sslo++ VM/ per child 'jf-ljl under 12 uJ years QQ A FUHO108 words
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Advertisement278 1988-10-25 14 ni. i l> r>LAC L£ 1 15th ANNIVERSARY CELEBRATIONS 13 28 OCTOBER 1988 Mama Mia! Great, big things are a-cooking at Pete's, so get a piece of the action. Lots of fun, food, games, fashion-shows and attractive prizes giveaways await you. So c'mon down to Pete's It's fiesta-time! Borshna BDCEIII278 words
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Advertisement185 1988-10-25 14 Great dining in the Streets STREETS OFPlaza HgreL Beari) koad Smeapoft 0719 TH 298U011 24-hr Coff«« v (Level 9 Where the service is good, the ambience great, the food simply marvellous! An experience you'll not forget A choice of local, western or Indonesian set lunch daily at reasonable prices. Every185 words
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Advertisement228 1988-10-25 14 Public ys Western and rice* beef steak with oyster sauce roast rib of beef carrot cake beryani rioe nonya kueh mango pudding fresh fruits chocolate mousse and much, much more! r Singapore 0923. Td: *****11 2 Solid Super-Star Showbands From the Philippines No cover charge! Non-stop music! Ki Daily Sp<a228 words
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Page 15 Advertisements
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Advertisement165 1988-10-25 15 [J f&ll T r Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, for every drink you order you get your next FREE. And bottle purchases are at 25% less. There's no happier time to enjoy your favourite drinks and some165 words
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Advertisement222 1988-10-25 15 3 mm Treasure Hunt YO, HO HO AND A BOTTLE OF BALLANTINES'S Ahoy there fellow treasure hunters! Before ye rush off on the Great Ballantine's Treasure Hunt, stop a wee minute and 111 share a tale or two. 'Twas Lorenco Marques, Mocambique, in 1957 when I first learned the dangers222 words
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Page 15 Miscellaneous
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Miscellaneous637 1988-10-25 15 eaDssmi!) CRYPTIC PUZZLE ACROSS 3 Steal at a single stroke (5) 8 More than a top actor (5) 10 I dial anew for Homer (5) 11 It should be kept in Bulawayo (3) 12 Terry, it seems, can't spell too well! (5) 13 Little fellow with a fat bird (7)637 words
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Miscellaneous1317 1988-10-25 15 tfoaooaaaoQ A summer of nightmares TUESDAY PREMIERE Summer Of Faar 10.40pm, Channel 5 Lee Purcell stars in this suspense thriller about an orphan who goes to live with her cousin (Exorcist girl Linda Blair, right) during the summer vacation. When strange things start to happen, her cousin suspects that something1,317 words
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SPORTS
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Article, Illustration438 1988-10-25 16 WALTON MORAIS - By WALTON MORAIS TORRENTIAL RAIN washed out play on the opening day of the Carlsberg Singapore Mens Open tennis championships at the Singapore Cricket Club courts yesterday, forcing a rescheduling of play. In the revised schedule, top seed Steve Guy returns to the scene438 words
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283 1988-10-25 16 Reuter TOP SEED Jahangir Khan of Pakistan took a step toward regaining his world number one ranking on Sunday by beating second-seeded Australian Chris Dittmar of Australia 15-11 15-6 15-10 at the US$4O,OOO US Open Squash Championship. "People who said I mightReuter - 283 words
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Article, Illustration410 1988-10-25 16 AFP ANDREW MAGEE, inspired by the music of Elvis Presley and the taste of light beer, fired a six-under-par 66 on Sunday to win the US$4OO,OOO Pensacota Open golf tournament by one stroke and notch his first victory in four years onAFP - 410 words
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Article, Illustration367 1988-10-25 16 Agencies TOP SEED Tim Mayotte of the US recovered from a set down to beat unseeded Mexican Leonardo Lavalle 4-6 6-4 6-3 in the final of the U*****,000 Frankfurt Cup Grand Prix tennis tournament on Sunday. But title-holder Mayotte admitted he had not played his bestAgencies - 367 words
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286 1988-10-25 16 AP US OLYMPIC gold medallist Jackie Joyner-Kersee manages to keep smiling even though she is stuffed in the limousine with her husband. three members of a public relations staff and a reporter. She is en route from one television show to another, and she'sAP - 286 words
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Article, Illustration446 1988-10-25 16 UPI HENRY ARMSTRONG, the first man to simultaneously hold three official world boxing titles, has died, his family said on Sunday. He was 75. Armstrong, who held featherweight, lightweight and welterweight titles in 1938. died on Saturday of an undisclosed illness at California medical centre,UPI - 446 words
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Page 16 Advertisements
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Advertisement861 1988-10-25 16 NOTICE NOTICE IS HEREBY GIVEN that, I Teo Teck Huat of No 903 Tampines Ave 4 #07-292 Singapore (1852), have applied for a Public House First Class licence in respect of premises at M/s Admiralty Rest. Lounge Pte Ltd at No. 345 Old Nelson Road Singapore (2775), and that this861 words
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Advertisement782 1988-10-25 16 HOCK CHYE HUAT (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 94 Ceylon Road, Singapore 1542 on 19 October 1988 the following Special Resolutions were duly passed:— 1. That the company be wound up voluntarily pursuant to782 words
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Advertisement21 1988-10-25 16 Probably the best beer in the woHd. 'Live' telecast Carlsberg Singapore Men's Open Championships '88 Saturday 29th October, Channel 12, 1.15pm.21 words
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COMPANIES & STOCK MARKETS
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Article, Illustration744 1988-10-25 17 urn mm™ By HOCK LOCK SIEW IN THE space of just one month, current market favourite Parkway Holdings has staked close to $70 million in several property-related deals, both locally and overseas. If re-traced further to January, its commitments add up to a massive $220 million, aBy HOCK LOCK SIEW - 744 words
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421 1988-10-25 17 MAGDALENE NG - By MAGDALENE NG INNO-PACIFIC Holdings Ltd (IPH), formerly Kentucky Fried Chicken (S) Ltd. has revised the original terms of its proposed rights issue announced a fortnight ago following a decision to fix the basis of allocation. The company is now proposing a rights issue421 words
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Article, Illustration348 1988-10-25 17 ALLAN NG - Insider Trading Trial ALLAN NG: PROSECUTION witness Thong Kok Khee yesterday said he was confident in September 1986 that the Stock Exchange of Singapore would grant Sealion Hotels application for a relisting. Mr Thong, former assistant manager of Standard Chartered Merchant Bank Asia348 words
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Article, Illustration497 1988-10-25 17 AMY BALAN - Price of HKs77m to be paid in cash and shares By AMY BALAN RECENTLY REJUVENATED Promet Bhd is selling its entire half share in energy-related and marine engineering group Ipco to Hongkong-listed Man Nin Investment Ltd for HK577.2 million (Ss2o million). The sale497 words
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345 1988-10-25 17 THE SIZZLING GROWTH in profits enjoyed by the diversified Innovest Bhd group last year has given way to a more modest increase. For the first six months of this year, Innovest returned an after-tax profit of M 54.73 million, representing an increase of345 words
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243 1988-10-25 17 KONE FELS Crane Ltd, the crane manufacturing unit of Far East Levingston Shipbuilding Ltd. has clinched over $13 million worth of overseas contracts for the repair and construction of container handling cranes. In a statement yesterday. FELS said it had signed orders for new243 words
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Article103 1988-10-25 17 THE KUWAIT Investment I Office (KIO), the investment arm of the Kuwaiti government, has bought another 690.000 shares to raise its stake in Sime Darby Bhd to 8.13 per cent. KIO now owns 84.25 million shares, which will be held in a trust by May-103 words
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Article125 1988-10-25 17 SINGAPURA BUILDING Society Lid: For the year ended June 30. 1988. group operating profit after tax doubled to $2 59m from 51.26 m despite a marginal decline in group operating income to $17 46m ($lB 1m) Earnings per share rose to 10.1 cents (4 9 cents). NT A125 words
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SES
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Article, Illustration1474 1988-10-25 18 KEVIN GWEE - By KEVIN GWEE BUYING INTEREST spilled over from last Friday to boost share prices on the local stock market yesterday. The Straits Times Industrial Index continued its five-day rise to close at 1,044.47, up 6.05 points. The broader-based Business Times1,474 words
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Article139 1988-10-25 18 OMIB Berhad: 27th AGM at 4 Jalan Tandang, ***** Petaling Jaya. Selangor Darul Ehsan, today, Oct 25. at 11am. SIM LIM FINANCE Limited: 24th AGM at 10 Jalan Besar, #17-01, Sim Lim Tower, Singapore 0820, tomorrow, Oct 26, at 11.20 am. SIM LIM INVESTMENTS Limited: 24th AGM at139 words
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Article5577 1988-10-25 18 1! High m Low Tel Cod* Company Last Sal* OCT 24 orGr'i Otv Dlv C'vr Gr« Y'ld Net P/E Vol (-000) Day High Low Last Quote Buyer Sailor M Cap Smll SESDAQ 187 120 170 59 110 130 199* 144 92 135 126 122 114 75 635,577 words
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COMPANY NEWS
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Article, Illustration584 1988-10-25 19 FT LO YUK SUI, one of Hongkong's new generation of entrepreneurs, is taking on one of the British territory's oldest established family groups the Kadoories. Last week, he launched a HK$6 4 billion bid aimed at wresting control of the territory's Landmark PeninsulaFT - 584 words
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371 1988-10-25 19 BRITISH confectionery and beverage maker Cadbury Schweppes pic is launching a takeover of its Australian subsidiary which will give it a platform for expansion into the Asian market. "If we can get the companies integrated then we will be well placed371 words
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224 1988-10-25 19 Agencies AUSTRALIAN businessman Robert Holmes a Court has resigned as chairman and director of the Bell Group Ltd. ending an 18-year association with his flagship company Bell said that Mr Holmes a Court had severed his ties with the conglomerate heAgencies - 224 words
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Article960 1988-10-25 19 Current b Books Mi Total lor Total lor paymarrt drta etoeo payabt* ■to year loot year A Enterprises s%« Nov 2 Nov 17 Dac 5 7% 10% Asiatic Dev 2%« Oct 12 Oct 26 Nov 21 2% 5% Austral Amal 15% Oct 7 Oct 21 Nov 8 25%960 words
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Article635 1988-10-25 19 BONDS, LOANS WARRANTS e—-' Eiptry maturity data Coupon Conversion period payabto Conversion term tor one ordinary CK Tang Wrti 1990 1990 Chuon Hop Wm 1991 City Dev Bonds 1994 City Dev Wm 1992 G Corp CULS 1989 H Prop Roods 1993 H Prop Wrt» 1993 H Toi-Pan Wm 1992 Inno-Poc635 words
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REGIONAL MARKETS
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Article, Illustration611 1988-10-25 20 Tokyo Reuter SHARE PRICES in Tokyo yesterday fluctuated moderately in the minus zone throughout the day to close just above their lows in thin, dull trade. Tadayasu Hasegawa at Kokusai Securities Co Ltd said We have the triple merits of a high yen, low oil prices andReuter - 611 words
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Article, Illustration569 1988-10-25 20 Australia Reuter THE AUSTRALIAN share market closed lower yesterday as market sentiment reversed from the positive mood of the previous six trading days. Brokers said the swing was due to sliding gold bullion prices and news that Morgan Stanley would place Bell Resources' 5.5 per cent stake inReuter - 569 words
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Article, Illustration1375 1988-10-25 20 Hongkong SHARE PRICES in Hongkong closed lower yesterday in light trading. The Hang Seng Index. the market s key indicator of blue chip stocks, lost 19.23 points to close at 2,562.46 while the Hongkong Index dropped 13.33 points to 1.687.13. Turnover amounted to HKS64I million1,375 words
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737 1988-10-25 20 Reuter SHARE PRICES in Taiwan are rising again after three weeks of declines but brokers warn the recovery was stage-man-aged by a nervous government. As such, the recovery may be short-lived. The market flared into life on Saturday after the decline which sawReuter - 737 words
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Article138 1988-10-25 20 Reuter SHARE PRICES in Seoul broke records for the second consecutive session yesterday with the composite index surpassing the 760 mark in late afternoon trading. The index a few hours before the close stood at 764.85 points, up 14.46 from Saturday. Turnover was 337.3 billion won afterReuter - 138 words
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Article87 1988-10-25 20 OCT 34 PESOS ♦1Acofa Mining Anglo Phil 001 ***** Apax Mining B 0 026 *0 006 Atlas Con B 26 00 *2 Baguio Gold Basic Patrolaum 0013 -0 001 Banguat Con B 100 13 First Phil Hidgs 11 so *0 5 Lapanto B Marcoppar Marsteel 4 Oriental B V87 words
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135 1988-10-25 20 AFP DUTCH BREWER Heineken NV and Thai group Chia Tai have agreed with two Chinese partners to invest US$3O million to form China's largest joint brewingventure. the New China News Agency said yesterday. The agency said a contract was signed on SundayAFP - 135 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration557 1988-10-25 21 FT BOND CORPORATION, the Australian investment company headed by Mr Alan Bond, has emerged as the owner of a 14.9 per cent stake in Lonrho, the international trading group, following a period of hectic activity in the company's shares last week.FT - 557 words
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500 1988-10-25 21 RICHARD HARRIS - Eifl By RICHARD HARRIS Richard Harris is head of investment banking at Skandinaviska En ski Id a Banken, Hongkong. ONE YEAR after the 1987 Crash, the European markets saw mixed performances. Some of the European indices outperformed pre-crash highs while others have500 words
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Article528 1988-10-25 21 Reuter FRANKFURT: West German shares closed mostly easier in thin dealings yesterday. as a consolidation phase that began late last week continued. "There was very little volume and the foreigners were mostly gone. As a result, you saw prices dip," said one dealer. The weaker dollar alsoReuter - 528 words
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Article121 1988-10-25 21 HONGKONG Hongkong Index Monday 1.687 13 Friday 1700 72 Week ago 1.***** All Industrials Monday 2.6152 Friday 2.619 4 Week ago 2.5682 NEW YORK Hang Seng Index Monday 2.562 46 Fnday 2.581 69 Week ago 2.593 56 Dow Jones Friday 2.183 50 Thursday 2.181 19 Week ago 2.133121 words
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592 1988-10-25 21 NYT KOHLBERG, KRAVIS, ROBERTS Co is planning to offer a staggering US$9O a share or about US$2O.3 billion for RJR Nabisco Inc, the tobacco and food conglomerate. Such a takeover, if it succeeded. would be the largest in history by a wide margin. ItNYT - 592 words
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505 1988-10-25 21 Reuter WALL STREET, refreshed by its biggest one-week wave of takeovers ever, is taking a more buoyant view of its future because of the vote of confidence that the corporate buying spree represents. The optimism stems from two huge deals last week One wasReuter - 505 words
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Page 17 Advertisements
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Advertisement58 1988-10-25 17 CONTAINER AGENCIES SON. BHD. Agents for P O CONTAINERS ASCL fe iwb moveZ.. but only next-door. < As of October 23rd 1988, we have moved to new premises at 23rd Floor, Menara Boustead, 69, Jalan Raja Chulan, ***** Kuala Lumpur. P.O. Box *****, ***** Kuala Lumpur. Our Telephone Telex No58 words
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Advertisement9 1988-10-25 17 Clambo has been held due to pressure on space9 words
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Advertisement372 1988-10-25 17 CURRENCY INVESTMENT AMERICAN EXPRESS HANK TEL: 321 3333 v V 5 v C- > Mode' sfiown 6595-1 <18-58 Blanc paiN Faithful io the traditional art of watchmaking, each watch is still assembled, polished and finished by hand by the individual watchmaker. In all, only four ladies' watches and six men's372 words
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Page 18 Advertisements
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Advertisement13 1988-10-25 18 Bonds, loans and warrants table on PAGE 19 Dlvldand table on PAGE 1913 words
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Page 20 Advertisements
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Advertisement854 1988-10-25 20 ISLAND PENINSULAR BERHAD (Incorporated in Malaysia) NOTICE OF DIVIDEND AND INTERIM REPORT FOR THE 6 MONTHS ENDED 3IST JULY, 1988 The Directors are pleased to announce the unaudited results for the six months ended 31st July 1988:Operating Profit (Note 1 > Share ot Protit (Li>ss) of Associated Company Profit before854 words
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Advertisement38 1988-10-25 20 Saoul prtc*« war# not available }_.[`&+,`|,;{%.$|=?/-(;<==_%!`| Do you know of a company that has dared to innovate? Call Adeline Yong on 344-8955 to nominate a company worthy of the Enterprise Award. BUSINESSMAN OF THE YEAR AWARD AND ENTERPRISE AWARD38 words
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Page 21 Advertisements
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Advertisement331 1988-10-25 21 RECOGNISING BUSINESS LEADERSHIP Business Times, Singapore's foremost business paper, and DHL, the world's leading courier, are proud to announce that the search is on for Singapore's Businessman of the Year, for the individual who strove for success and so made the most notable contribution to business in 1988. And we331 words
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541 1988-10-25 22 BRIAN GOMEZ - By BRIAN GOMEZ PRIME MINISTER Lee Kuan Yew yesterday emphasised the need for multilateral solutions to trade imbalances between the major economic blocs. Mr Lee discussed US-Japan trade, the European Community, the role of multinational corporations (MNCs) and other issues during a 50-minute question541 words
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Article, Illustration388 1988-10-25 22 GENEVIEVE CUA - By GENEVIEVE CUA POINTS raised at the two-day Global Strategies conference will be used as a guide by multinational corporations plotting their expansion in Singapore. A number of chief executives, at a garden party at the Istana yesterday evening, lauded Prime Minister388 words
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246 1988-10-25 22 THE LABOUR shortage in Asean countries' oil and gas industries will improve by the end of next year when a pioneer batch of some 3,000 technicians graduate from the new Batam International Training Centre (BITC). The centre, the result of246 words
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212 1988-10-25 22 NYT AS PART of a broad cost reduction effort, Shearson Lehman Hutton Inc is planning to cut its workforce by about 1,000 people before the end of the year, people close to the securities firm in New York said on Sunday. ShearsonNYT - 212 words
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291 1988-10-25 22 AFP CALLS are beginning to be heard in China for the retirement of top leader Deng Xiaoping who, in spite of his 84 years of age and pledges to step down, continues to run the country, Western analysts say. Mr Deng announced duringAFP - 291 words
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319 1988-10-25 22 SHOEB KAGDA - By SHOEB KAGDA THE NATIONAL Trades Union Congress 1 directive to its affiliates to weed out pro-opposition officials from their ranks has been carried a step further. One of its affiliates, the Metal Industries Workers Union (MlWU), has set up a disciplinary enquiry to319 words
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146 1988-10-25 22 Reuter A US CONGRESSIONAL subcommittee is investigating charges that former Philippine president Ferdinand Marcos made illegal campaign contributions to President Reagan, according to Newsweek magazine. The magazine said that investigators foi the House Sub-com-mittee on Asian and Pacific affairs hadReuter - 146 words
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Article90 1988-10-25 22 Reuter COMEX GOLD futures fell early yesterday on selling in anticipation that the highly speculative Nymex crude oil market will post sharp opening losses following Opec's failure to agree on new price propping measures. December gold dropped US$4.5O at U*****.00. Silver futures recovered to unchanged onReuter - 90 words
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LATE FILE
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Article72 1988-10-25 22 Reuter WEST GERMANY'S leading economic research institutes said jointly yesterday that there might be new turbulence in financial markets although a new crash this year was not likely. Arthur Krumper, spokesman for the five institutes in Hamburg, Kiel, Essen, West Berlin and Munich, told reporters inReuter - 72 words
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Article39 1988-10-25 22 Reuter WEST GERMAN Chancellor Helmut Kohl and Soviet leader Mikhail Gorbachev yesterday began talks in Moscow expected to centre on trade and European security. The West German leader arrived earlier with five ministers and 50 industrialists.Reuter - 39 words
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Article70 1988-10-25 22 UPI BURMA'S former authoritarian socialist ruling party has promised to permit private enterprise and to protect basic human rights. Rangoon radio carried excerpts of the programme of the National Unity Party, the new name of the Burma Socialist Programme Party, which said that work would beUPI - 70 words
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Article77 1988-10-25 22 Reuter THE PALESTINE Liberation Organisation, in an unprecedented attempt to influence the outcome of the Israeli election, appealed to the Israeli electorate yesterday to vote for peace and not war. Two appeals, one to Jewish voters and one to Arab voters, said that because ofReuter - 77 words
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Page 22 Advertisements
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Advertisement136 1988-10-25 22 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens, elegant one or two bedroom suites right in the heart of (>rchard Road. At The Aseott, we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate in luxury136 words
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Advertisement301 1988-10-25 22 INVOICE 3 SlOO 1* s si go TURN INVOICES INTO CASH VrA O s/OO i CTItTkT«: »>ci>-; rtfcVillflTiTf >kI Ji Assign your invoices to us and get Factoring, the great business aid of modern times, can bring your business untold benefits... ST BETTER CASHFLOW means more money for investment and301 words
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SHIPPING TIMES
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236 1988-10-25 23 THE CHARTERED and International Shipbrokers Protection and Idemnity Club (CisbaClub) will open its membership to ship managers and manning agents. This is in response to increasing calls from its own membership for insurance for new activities they were undertaking. The CisbaClub provides professional idemnity cover236 words
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283 1988-10-25 23 Bilateral trade estimated to reach US$3 billion Reuter SOUTH KOREA and China have agreed to open direct sea routes to promote bilateral trade, a Korea Maritime and Port Administration (KMPA) official said. Liu Fulin, president of China's state-run shipping company Sinotrans, andReuter - 283 words
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256 1988-10-25 23 DOMESTIC shipping lines in the Philippines have drawn up guidelines to prevent overcrowding, which has led to several ferry disasters in the country. The Dona Paz sank early this year resulting in the deaths of more than 3,000, the worst maritime256 words
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PORTSIDES
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135 1988-10-25 23 International Transport Journal BIMCO. the Baltic and International Maritime Council. is actively co-operating with the US Customs in a major effort to crack down on the smuggling of drugs on board ships calling at ports in the US. Over 150 shipowner members of theInternational Transport Journal - 135 words
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Article111 1988-10-25 23 A PLAN of the Singapore Harbour Board premises dating back to June 30, 1922 was donated to the Maritime Museum by Mr P L Kua. executive chairman of the Singapore Shipping Corporation. It is a printed but unpublished, hand-tinted plan of the SHB premises dated111 words
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Article164 1988-10-25 23 Seatrade Week CHINESE authorities have detained the hijacked bulker Negotiator because of the Philippine government's failure to settle a US$l.2 million claim from a Chinese salvage firm. The 7,758 dwt vessel has been at anchor for more than three months off Lamma Island near Hongkong, where itSeatrade Week - 164 words
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411 1988-10-25 24 Lloyd's List GOTAAS-LARSEN is considering the sale of its gas and oil tanker fleet following approaches from potential buyers The company, which expects to tie-up the sale next month of its cruise operations in a US$27O million deal, confirmed that a full-scale takeover was possibleLloyd's List - 411 words
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Article254 1988-10-25 24 CITIBANK and London-based ship operator N J Goulandris have set up a new company that plans to invest up to US$2OO million in secondhand supertankers. The new company, International Tankers Ltd, is hoping to become one of the biggest investment vehicles of its type254 words
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Article793 1988-10-25 24 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Adrich Shpg VII 1 Alltrons VII 3 Anro Service IV 2/3 ANL 1 1/2 ARC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Asian Ocean VI 1 Awards Shpg V793 words
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122 1988-10-25 24 AFP CHINA has signed contracts to build 36 ships for foreign firms in the first nine months of this year, surpassing the figure for the whole of 1987, the official New China News Agency said. The ships total 492.500 tons. 157,500 tonsAFP - 122 words
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51 1988-10-25 24 THE Institute of Shipping Management will hold a technical talk on Marine Factoring at Hotel Asia, Scotts Rd on Oct 28. The speaker is Mr James Chua of International Factors Marine (Singapore). He will address issues and conceptions of marine financing and credit51 words
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250 1988-10-25 24 Reuter OIL TANKER tonnage and combination carriers in lay-up, idle or under repair, including vessels inactive at port for two months or more, fell to 7.57 million tonnes dw (50 ships) in the month to Oct 14 from nine million (55) at SepReuter - 250 words
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332 1988-10-25 25 THE Soviet Union has asked for special permission from the Thai Transport and Communications Ministry to use lash carriers to transport 450,000 tons of fertiliser to Thailand. The request, which would reduce the number of vessels needed for the cargo and hence332 words
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268 1988-10-25 25 Kingsley Wood - By Kingsley Wood MELBOURNE Port Authority has sold the World Trade Centre to Victorian developer, Thompson Land Ltd, for A 5162.5 million. It cost As 93 million when built in 1983, and when the sale was first mooted was expected to268 words
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127 1988-10-25 25 JARDINE SURVEYING Services (JSS) has appointed Mr Richard Tangye as its regional general manager. Mr Tangye has had 15 years of professional shipping experience in North America and Europe. He will be responsible for continuing the development of JSS into a specialist. regional network. Jardine127 words
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Article60 1988-10-25 25 Reuter FIFTEEN Greek crew members were rescued as the Panamanian-regis-tered merchant ship Agios Nektarios sank off the Moroccan coast, Spanish radio said. A Dutch merchant vessel rescued the crew after the 803-dwt vessel sprang a leak 64km from the Moroccan port of Agadir and 241 km fromReuter - 60 words
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221 1988-10-25 25 SEARCH and salvage operations and charting of the seabed can be carried out from any vessel, however small, by deploying the Qubit Mine Surveillance System (QMSS), claims Qubit Ltd of the UK. The complete package is easily installed and includes high221 words
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Article271 1988-10-25 25 AFP THE TANKER market remained firm over the past week, while dealers were awaiting the outcome of the meeting of the Opec price and long-term strategy committees in Madrid, London brokers E A Gibson say in their latest report As the level of new output quotas which mayAFP - 271 words
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281 1988-10-25 25 SHIPPING problems are hindering the development of Indonesia's wood product exports to Australia, Corrie D Heslop, a manager of Timbermark of Australia, said. Speaking at the Furniture and Wood Product Export Marketing seminar, Heslop said that liner services from Indonesia to the major281 words
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Article1216 1988-10-25 30 GRAIN chartering on Friday from the US Gulf to Japan was reported to have received the firmer level of USS22 basis no combination discharge ports, equalling $22 50 with combination ports, shipbrokers said. This caused the Baltic subindex for this voyage to be marked up to $22.20 from1,216 words
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5955 1988-10-25 30 MUM Hamburg Eipraaa Triot Oct 25<PK) Evar Qraat Evargraan Oct 29 Anna Maarak Maarak Lina Ocl 29 Sha Ha China Ocaan Oct 29 London Eipraaa Triot Oct 29tP1Cy Ev.r Qraoa Evargraan. Oct 29 Ming Prominanca Yang Ming. Ocl 30 Villa da Jupitar5,955 words
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Article1354 1988-10-25 30 AT CONVENTIONAL WHARVES > Barth Arrival Departure KEPPEL WHARVES April Glory KI8 olongside 25 10/2300 Chungking *28 olongside 26 1C0600 Dunhuong K35 olongside 31 *****0 Bp" KI7 alongside 25 10/0300 Evwroido K36 alongside 26 10 1800 For toil Pilot K30 olongside 25 10/1100 Koto Motu K32 alongside1,354 words
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Page 23 Advertisements
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Advertisement595 1988-10-25 23 TIMES STP Distributors Times Put*h±h»nq Croup jARDINE SHIPPING AGENCIES 200 Cantonment Road, #12-05 Soulhpouit. Smgapoi 0206 Tel 221M11 Talei RS ***** facamne *****09 TERMINAL/CFS TH *****18 *****19. *****20 FOR CUSTOMER SERVICE INOUIRIES ANO BOOKINGS T* *****3*5 PESAKA JAROINE SHIPPING AGENCIES SON BHD PORT KELANG T* *****1S Ta«n MA *****/ MA595 words
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Advertisement67 1988-10-25 23 mm GOTAAS-LARSEN is considering the sale of its gas and oil tanker fleet following approaches from potential buyers. Page II THE Soviet Union has asked for special permission from the Thai Transport and Communications Ministry to use lash carrier ships to transport 450,000 tons of fertiliser to Thailand. Page 11167 words
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Advertisement623 1988-10-25 23 mm. 1 OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL. *****33 MAERSK LINE CONTAINERISED, COMPUTERISED AND THOROUGHLY-ORGANISED II This week ANNA M Closing Time C V 27/10 2000 HRS CFS 27/10 1000 MRS To: Europe—UK623 words
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Page 24 Advertisements
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Advertisement507 1988-10-25 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HAMBURG EXPRESS LONDON EXPRESS LA SEINE BENALDER KURAMAMARU CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG ROAM/ ANTWERP LE HAVRE SOUTHAMPTON P KELANG I KAOS PORE HONGKONG HSIUNG BENAVON OSAKA BAY KAGA TOLAGA BAY HONG KONG EXPRESS CONV/SEMI-CONTAINER SERVICE TO MED EUROPE P VOY NO507 words
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Advertisement18 1988-10-25 24 Lines and services represented by Members of the Registry of Accredited r.U Shipping Agents. Singapore National Shipping Association18 words
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Advertisement390 1988-10-25 24 3 POLISH OCEAN LINES Agents Optorg Shipping Pte Ltd Singapore Tel ******4 P Ke ang 368UC1 2 3 Telei RS ***** Petalmg Jaya *****93 *****03 Fai Z755&51 Penang 6232*5 EACON SERVICE (FULLY CONTAINERISED SERVICE) FROM EUROPE KJMIAAO Mi 0 GROTEWOHL *m CANARY ISLANDS GDYNIA VESSEL P MIERZEJEWSKI/25 A MICKICWIC2/2S GEN390 words
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Page 25 Advertisements
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Advertisement1152 1988-10-25 25 BS The Straits Steamship Group Mansfield Container Shipping Re Ltd P&O Containers CONTAINER SERVICE TO UK/CONTINENTT) Alio Accepting Cargo For: HaM*wr| to Coponhoftn. Ajrtttt. Gothenburg. Nblmo, Stockholm. Helsinki Sondortur| OottartoM to AM«or«. Amstordsm Olio, lult Zurich to all UK destinations. Mfast and Dublin CONTAINERSHIP SERVICE FROM UK/CONTINENT: BENAVON OSAKA BAY1,152 words
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Advertisement677 1988-10-25 25 a EUROPE VESSEL ASIAN SEIATM TOKYO SEIATM EE 025 8211 M M M M 01 10 EE 120 lilt 14.10 12.11 15.10 EE 020 31.10 01.11 20.10 30.10 EE OM 14.11 IS.II 11.11 IS.II n 3 am <§L SENATOR LINK General Agent: VESSEL ASIA! SEN VESSEL TAIWAN SEN USA/PANAMA TOKYO677 words
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Page 26 Advertisements
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Advertisement612 1988-10-25 26 r IHSINOSE M MARITIME PTE LTD I ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading for:IRAN ELHAM RJL 659 IN PORT BANOAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL HK LOAD FOR: KYOWA HIBISCUS V 33 3/11 VILA. NMA. LTK. SUVA. PAGO. APIA KYOWA VIOLET V 22612 words
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Advertisement725 1988-10-25 26 tC.&.IjINE llotA SMirnat r FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 Member of the Ace Consortnm KOREAN CHANCE 39W ACE CONCORD 17* ORIENTAL CHIEF S2W TRANSWORLD BRIDCE 45W NEPTUNE CRYSTAL «W CHINA CONTAINER 48W OAK SEA 27/11 a/u 4/12 29/11 9/12 6/12 11/12 13/12 BU LA 12/11 2*ll FDR/MOTHER725 words
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Advertisement374 1988-10-25 26 FREIGHT LINKS EXPRESS PTE LTD DIRECT FCL LCL SERVICE TO JAKARTA ETA 28/10 4/11 AFGHANISTAN NEW SERVICE KABUL/HAIRATAN/TORGHUNOI 4/11 AUSTRALIA/ NEW ZEALAND SYDNEY. MELBOURNE FREMANTLE Also accepting to Darwin AUCKLAND, WELLINGTON, LYTTLETON. DUNEDIN NAPIER EUROPE HAMBURG, ROTTERDAM, BARCELONA. FELIXSTOWE, LONDON, ANTWERP Also accepting to: Scandinavian European inland destination. 2/11 5/11374 words
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Advertisement729 1988-10-25 26 ©EVERGREEN r.ii n -a- r» Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST INBOUND A!SO ACCEPTING CARGO TO 1) LONG BEACH OKLANO SAM DIEGO RICHMONO STOCKTON. ALEMEDA. HEOWOOO CITY. SACRAMENTO TACOMA. LONG VIEW 2) ATLANTA. CHICAGO KANSAS CITY DALLAS. DENVER t OTHER MAJOR MICROORIDGE729 words
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Page 27 Advertisements
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Advertisement1057 1988-10-25 27 MBMMBAI PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL GOWA MAI GUANG MAJAPAHIT KOTA EAGLE ACCEPTING MURORAN/HITACHI CARGO HKG JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE VESSEL KOTA MELATI SEA GLORY KOTA EAGLE KOTA MELATI SEA GLORY SIN SSY SMG1,057 words
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Advertisement480 1988-10-25 27 Ifjk BEN LINE W CONTAINERS r EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO 1 TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA. FIJI AND NEW ZEALAND SIN MAIN LINE HKC NOUMEA SUVA AKL NAP TIM 28/10480 words
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Advertisement576 1988-10-25 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDEBA INDONESIA P.T. TBIKOBA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE VSL/VOY MATARAM/22W8 L J BONTANG/16WB SRIWIJAYA 25W8 ANTWERP HBURG ROAM/ADAM BREMEN 11/12 16/12 IS/1 21/1 23/1 26/1 Subfvcl to Inducement- Atoo ecceptinfl cargo to CaMbianca,576 words
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Advertisement390 1988-10-25 27 BOUSTEAD SHIPPING AGENCIES HER GUI Vl7* HTONEYWA V23M PAGAN VI32W MYOHAYWA VII2W PA-AN VI29W BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok 17/27 Oct 26/27 Oct 29/30 Oct 31 Oct/2 No* 7/> Nov BANK LINE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC MORAYBANK V6N390 words
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Page 28 Advertisements
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Advertisement943 1988-10-25 28 Q K LINB KAWASAKI KISEN KAISHA. LTD. RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH N. AMERICA-ATLANTIC COAST VOY *INDO 15 24/10 •PK/PNG SGP N. AMERICA PACIFIC SOUTH-WEST N. AMERICA PACIFIC NORTH-WEST SGP 26/10 1/11 8/11 15/11 MOTHER VESSEL VOY BAY BRIDGE 28 GOLDEN GATE BRIDGE 31 HARBOUR BRIDGE 22943 words
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Advertisement718 1988-10-25 28 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCI ContelMn Madras: Calcutta HM/Cal Cbo/Madras 15 Nov 15 Nov HldCal Cbo Madras II Nov II Nov Cotombo Kandle Bombay 11 Dec 11 Dae Cotombo Kandto Bombay 11D« 11 0(C Hid Gal Cbo Madras 13 lax U lan Cotombo Kandto Bombay 7 Fab 7 Fab718 words
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Advertisement614 1988-10-25 28 GOLDEN LINE ,oO\ GUAN GUAN SHIPPING (PTE) ITD a. TMot Ay* StrMt SINGAPORE 0104 TEL SJ4JOOO (M LINES) fu *****04 STRAITS/PERSIAN GULF SERVICE: GOLDEN HARVEST CotanOo lUractuDuttii Dmmr GOLDEN WONDtN Colomtio NwKfci Out*. CHINA SERVICE GU SHAN Hojnfpu Sh»n|t\* DAI TUN SHAN Huinfpu Sh»n«h»> Spore Ptotaf* Oct 30/31 Oct 12/14614 words
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Advertisement321 1988-10-25 28 1 PHILI ORICNT LINCS PT€ LTD HE AO OFFICE 63 ROI'NSON ROAD •07 1? AFRO ASIA BUILDING. SINGAPORE 01C5 TELEX RS ?8??0 PHIL I FA* ??***** ETA SINGAPORE •TIT' "'l.l. .1 27 1C vii. i»/ii 2710 uai a/io 4/11 »/io NEW GENTRAOE 77/10 LATTAKIA. BENGHAZI, ALCIER TRIPOLI ALEXANDRIA PORT SAID.321 words
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Advertisement723 1988-10-25 29 NEPTUNE AGENCIES PTE LTD fE EU/AUST TP A/SEA MirWJT NEPTUNE ORIENT LINES LTD p,Mn «PLINEson. BMD.«w W 1-0 j Bafcru NEPLINE SDN BHD *****0 23 T/EUROPE FULLY CONTAINERISED SERVICE A mtmbr of th« ACE Consortium General Enqulrloe Tel: *****77 Term.Ml CFS BOOKINGS *****22 *****53 NEPLINE SDN BHD JU9M/ NEPLINE SDN723 words
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Advertisement490 1988-10-25 29 a OONAW HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG, PENANG, KEELUNG. BUSAN, INCHON 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE I! SERVICE!! Vessels Name ETD BS SPORE PKIC KEi BUSAN NO JI DRAGNET IO7N IS/10 27-21/10 30/10 11/11 1«/11 +NO i DON AN TON 15/10490 words
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Advertisement755 1988-10-25 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P. KELANG MESSRS HAI THONG SHIPPING 12? Pwunf Street Pew* MtUysu M/S HANDLING SYSTEM CO SON755 words
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Advertisement224 1988-10-25 30 XT SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TtL 225 6868 (30 Uiesi FAX *****39 *****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAD DSR-LIMES VEB DEUTFRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE —VIA LAMACA: ACCEPTING CARGO FOR LIMASSOC BEIRUT. LATTAKIA, ALEXANDRIA.224 words
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Advertisement81 1988-10-25 30 T.S.K. line: WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TS KLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. KABUK1 Vl4 ETA SIN 2/11/88 4 DAYS 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS SPORE -P- KAOHSIUNG KEELUNG TOKYO SHIMIZL' NAGOYA KOBE TSKLINE AGENCIES (S) PTE LTD TEL:81 words
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Page 30 Miscellaneous
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Miscellaneous146 1988-10-25 30 i Regional Weather Vi r» > Ef rV I X SIGNIFICANT WEATHER AND SEA CONDfTIONS AT 7.30 A.M. Oct 2S, IMS Temple A Sho ef Weothef S Wmd drection with speed n knon Ro,n W„.. he^ht Cloudy Sky W»Ct arc HtdKottd by orrowt »ly »it» tfce »md One fu* circle146 words
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Page 31 Advertisements
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Advertisement706 1988-10-25 31 FARGO SHIPPING TeI:SS4 QISS f REGULAR EXPRESS FCLI LCL SERVICE DESTINATION KEELUNG, KAOHSIUNG ETA SINGAPORE JARU BHUM VI3N 26/10 ARNSTADT V.I7N 27/10 THANA BHUM V.O7N 29/10 BUNGA BUTANG 492 30/10 KITI BHUM 223N 26/10 26/10. 31/10. 12/11, 14/11. 22/11 31/10. 2/11, 7/11, 14/11 16/11, 21/11 31/10, 6/11, 13/11, 20/11 28/10,706 words
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Advertisement412 1988-10-25 31 I® CSP SHIPPING AGENCIES PTE. LTD. I Tel: *****66 (16 Lines) Fax: *****61 Tlx ***** CSPFRT Ij I i Spore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore412 words
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Advertisement887 1988-10-25 31 <CF5> CRYSTAL FREIGHT SERVICES ff CRYSTAL WEEKLY CONSOL SERVICES U.SJV. LOS ANGELES 3/11/88 AUSTRALIA MELBOURNE/SYDNEY 28/10/88 FAR EAST BUSAN 3/11 BANGKOK 1/11 HONG KONG 28/10 KEE/KAOH 30/10 CALL BOOKING HOTLINE FOR BEST RATES 2233 2 2 TEL: *****88 TELEX ***** CFSIN FAX *****88 PLUSCOL INTERNATIONAL PTE LTD WORKABLE TRANSHIPMENT/DIRECT RATES887 words
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Advertisement203 1988-10-25 31 Tatsumi Marine DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports subject to inducement (also accepting transhipment cargo: OROBA Y. MADANG. KIETA. WEWAK KIMBE. RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Tel: *****77, *****34, *****71 w ornct m uutME services m. Ltd. <tfo«o tel wrnn203 words
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Advertisement358 1988-10-25 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 {9 LINES) FAX: *****90 ill IRAQI LINE T t**o S'» T t «0» BURITIIM MV SINDBAD EAST BOUND SERVICE ETA S PORE LOADING FOR 28/10 Japan THROUGH 8/It to BAGHOAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA BAGHDAD REEFER SPACE AVAILABLE358 words
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Advertisement291 1988-10-25 32 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX HS ***** RS ***** I \sl IK\ C \K lIM R. Ill>. IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK DBN CT FAITH STAR Wll* IML vo* Sailed 28/10 22/12 1/1 •Also calls E.L. i P L291 words
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Advertisement259 1988-10-25 32 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEM-CONTAMER SERVICE TO NORTHBOUND TO UKC S PORE RDM/A DAM HBG HULL (U.K.) MORAYBANK V6N In Pt 24/11 2S/11 3/12 CLYDEBANK V24N 19/11 1«/12 22/12 25/12 'Alia Acctptinj FCL to Antw«rp/BrMiwn/FeliutoiM/Soijthaavton/a«tfa<t/GaMMnbur| (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE TAYBANK V4S 27/10 Port Moresby,259 words
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Advertisement313 1988-10-25 32 w P.T. MASKAPAI PELAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****54/*****70 SINGAPORE VSL VOY SIN JKT PAJ SIN313 words
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Advertisement581 1988-10-25 32 Dm, 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 FEEDER I. BUTANC 4*l VAuiW ITn SINGAPORE I LEHARVE JUTLAND!* K OTHER DESTINATIONS: AARHUS. AMSTERDAM. ANTWERP. BASLE BREMEN581 words
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GLOBAL STRATEGIES
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Article, Illustration930 1988-10-25 33 BRIAN GOMEZ - By BRIAN GOMEZ SINGAPORE has a vision (or the 1990s joining the ranks of the world's developed nations. Only the spectre of slower world economic growth could derail this ambition. As a number of articles in the inside pages indicate, the task may not930 words
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Article484 1988-10-25 33 TODAY'S deliberations on Strategies: The Singapore Partnership" take place at a critical juncture in this nation s modern history. Mr Lee Kuan Yew, the country's only Prime Minister since self-government was attained in 1959 and full independence in 1965, is expected to step down before the484 words
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Article1222 1988-10-25 34 TAN KEE WEE - By TAN KEE WEE SINGAPORE last year exported $60 billion worth of goods, mainly manufactured goods In return. $68 billion worth were imported. That it has been able to achieve such a high volume of exports, about 1.4 per cent of total world exports, can be credited1,222 words
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891 1988-10-25 34 TAN KEE WEE - by TAN KEE WEE THROUGHOUT the 1960 s and *****, the four Asian NICs South Korea. Taiwan, Hongkong and Singapore startled the world with their rapid growth rates. They grew at an annual average rate of more than 9 per cent891 words
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Article, Illustration1294 1988-10-25 35 MARTIN SOONG - MARTIN SOONG takes stock of Singapore's aerospace trade and comes up with figures that will move any world rival MARTIN SOONG SINGAPORE'S aerospace industry may just be one of the economy's best kept secrets. While local commercial aviation has developed a highly polished,1,294 words
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Article, Illustration962 1988-10-25 36 JUNE LIM - Singapore's port a reinvigorated role By JUNE LIM FIVE YEARS from now, Singapore aims to scale up a few notches to become the fourth biggest port in the world in terms of cargo volume handled. This it hopes to achieve by handling more containers, more mineral oil and more bulkSource: Compiled by the Port of Singapore Authority - 962 words
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Article752 1988-10-25 36 AS SINGAPORE looks towards the 1990s with the aim of becoming a developed nation with a total business orientation, what strategic fit do multinational companies have in the scheme of development goals we as a nation have set for ourselves?" That is the task the752 words
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Article, Illustration890 1988-10-25 37 AS THE SINGAPORE financial supermarket enters its third decade of development, bankers are confident that the Republic can hold its own against Hongkong and Tokyo, Asia's other major financial centres. Singapore's emergence as a financial supermarket began in 1968 when the government decided to set890 words
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Article, Illustration1281 1988-10-25 38 JEFFREY TSANG - Dollars and sense in R D By JEFFREY TSANG IN THE manufacturing world, countries fall into three basic categories: the developed nations that provide the highest value-added products through their leadership in technology; the Third World countries where manufacturing survives on low labour costs; and the newly-in-dustrialising countries, sandwiched in1,281 words
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Article, Illustration1337 1988-10-25 40 Economist WHILE policymakers and economists lose sleep over what might happen if America's next president fails to cut the budget deficit swiftly, and whether the mounting burden of consumer debt is sustainable, the real nightmare for America could lie elsewhere:Economist - 1,337 words
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974 1988-10-25 40 Bank of Montreal Business Review THE UNITED STATES recently reported that in 1987 its net external debt had moved up to U*****.2 billion. This large debt is not altogether surprising given that it is in principle the accumulation of past current account balances andBank of Montreal Business Review - 974 words
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Article, Illustration1374 1988-10-25 41 KRISTIN KNAUTH - By KRISTIN KNAUTH FROM 1984 to 1987, California Governor George Deukmejian peppered his speeches with trade statistics intended to prove his state's dependence on trade with Pacific Rim nations. "The sun is now rising in the West," the governor told his constituents.1,374 words
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859 1988-10-25 41 THE FOLLOWING is an account of the performance of Singapore and the Far East regarding exports from major East and West Coast ports of the US (based where possible on Census point-of-origin data): East Coast Now York/New Jartay. Based on point-of-origin data, exports859 words
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Article, Illustration1380 1988-10-25 42 GUY de JONQUIERES - By GUY de JONQUIERES WHO WILL BE the real winners in the race to exploit the European Community's single market? In Washington and Tokyo, suspicions are growing that the EC will rig the rules to suit the home players. But in Europe, equally strong fears areSource: Booz-Allen & Hamilton - 1,380 words
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Article426 1988-10-25 42 FT "FIFTEEN YEARS from now it is quite possible that the world's third greatest industrial power, just after the US and Russia, will not be Europe, but American industry in Europe." Much has changed in the 21 years since Jean-Jacques Ser-van-Schreiber made that prediction in TheFT - 426 words
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Article, Illustration850 1988-10-25 43 Economist FROM within their newly armoured siege-towers, the Americans watch Europe's masterbuilders at work. Surely they are building a fortress? No. say the Europeans, by 1992 we will have created a great market whose wide avenues will be open to all fair-minded traders. The watchersEconomist - 850 words
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Article, Illustration1158 1988-10-25 43 MICHAEL PIKE - Europe 1992 the barriers are falling By MICHAEL PIKE THE YEAR 1992 is significant (or Europe. We shall see the completion ot the single market and the removal of remaining barriers to the free movement of goods and services throughout the European Community. The single market will mean opening up1,158 words
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Article, Illustration1595 1988-10-25 44 BRIAN GOMEZ - By BRIAN GOMEZ A SINGAPORE-MADE audio system last year proved popular with Japanese buyers. Reason: The Aiwa compact stereo system sold for about $1,600, less than half the price of comparable sets in Japan. The quality and sophistication of the unit "astounded the rest of the1,595 words
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Article, Illustration605 1988-10-25 44 THE JAPANESE have long lost their "copycat" stigma, although they remain adept at turning foreign concepts and ideas into products that are world winners. This Japanese talent detractors say it reflects inadequate basic research and poor creativity is an issue of major concern to the605 words
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Article, Illustration991 1988-10-25 45 The Economist UNTIL QUITE recently it was fashionable to contrast Japan, a nation of producers with America, a nation of consumers. This difference in national character, it was said, was the root cause of the trade imbalance between the two countries. So AmericaThe Economist; Source: The Economist - 991 words
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Article475 1988-10-25 47 SEMA Group a merger of winners SEMA GROUP the first truly European information systems and engineering services company was formed in March this year when Britain's biggest systems company. CAP Group, merged with SEMA-Metra of France With combined sales of around £240 million (SsB3B million), SEMA Group is a marriage475 words
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Article, Illustration1213 1988-10-25 47 ALAN BENJAMIN - By ALAN BENJAMIN, Group Director, Communication, SEMA Group PLC* IT IS BECOMING increasingly clear that computer systems are needed to support banks and other financial services organisations looking for a competitive edge and a share of profitable markets. What is often required is the ability1,213 words
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Article, Illustration1723 1988-10-25 48 MIKE MORRIS - MIKE MORRIS, managing director of the Singapore office of the Pacific Rim Consulting Group, argues that as Singapore reassesses its role and competitive strategy, it must identify, anticipate and factor in the impact of these forces. In three earlier articles in BT, he described anSource: Pac Rim - 1,723 words
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Page 33 Advertisements
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Advertisement161 1988-10-25 33 {;],+](/.$@_("/+@,;">==)=[_>':+ m W W Itfc- vjgg*9:' 4 **>.- K&> V Jyv-? ;V v K— P J^ X Some of the people who fill up with BP everyday: Everyday all over the wcMjid, more than. K| 30 million vehicles get goftftjNtfith BP fuel and lubricants. Everything from model aircraft to 7475.161 words
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Page 34 Advertisements
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Advertisement531 1988-10-25 34 %'><-]|'<"=}%*>&$`(,@'~?'+&]}=& Matsushita Electric in Close partnership with Singapore Jib. j I its Is A conducive environment, an excellent infrastructure and a pool of well-educated, diligent people. No wonder in 1972, Matsushita Electric chose Singapore as its next manufacturing base. Thus the first Matsushita Refrigeration Industries was incorporated. And as time531 words
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Page 35 Advertisements
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Advertisement710 1988-10-25 35 \.^?~+!<^)/&<(&",$_&``!'`']=@'` 4 Matsushita Electronics (S) Re Ltd (MESA) Located at Bedok South Ave 1, MESA was established in October 1977. It has grown rapidly from its original workforce of 500 to its present size of 3000 employees. It manufactures audio and hi-fi products under the brand names of National, Panasonic710 words
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Advertisement273 1988-10-25 36 &+\";@_)<)]|?}]`?||?*@*;+~)!{?| Far East More and more businesses are recognising the opportunities which Asia has to offer. But with an area so vast and countries so diverse, how do you even begin to make contact? The answer is through Singapore Telecom. With Singapore's ideal geographical position and our comprehensive spectrum of273 words
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Advertisement6 1988-10-25 36 mvw. 1.11 na.iar'fßi nmui <mj l^xxiirnaiiMM6 words
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Advertisement0 1988-10-25 37 |+)[(~<&`>&?)}/'[-$&"_{>|{,!{?/0 words
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Advertisement271 1988-10-25 37 /EL Backht SupertwrstLCD. Easy on the eye under any hghtmg condition. 80 characters 25 hnes for text readability. 640 200 pixels for CGA graphics. Screen adjustable from 0* to 18(T for widest possible viewing angle. High -speed 20MB hard disk plus a 3J" 720K8 floppy disk drive. Increased data storage271 words
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Advertisement0 1988-10-25 37 \<"(.[?)=&;%?~.,>[,?|!;-";&<=+%0 words
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Page 38 Advertisements
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Advertisement333 1988-10-25 38 $[:[._;$&.[[|?)>_.!:.,|=')?$//$ Nixdorf Computer in Asia: A Solid Commitment to Partnership. --i... A. sfc A:*® .<***» ir*£S In the AsianPacific Region Nixdorf is actively doing business in Singapore, Malaysia, Hong Kong, Japan, Thailand, Sri Lanka, India, Indonesia, South Korea, Philippines, People's Republic of China, United Arab Emirates, Taiwan, Australia and New333 words
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Page 39 Advertisements
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Advertisement67 1988-10-25 39 SINGAPORE ENERGY FUELLING SINGAPORES GLOBAL TAKE-OFF. V- wm m IK > r sV~ ggft 9 4* <•* If lll—i <**> WW w r-v Vvv^x a > i > I *> "v 3 i n SNGVOU ttijotam comwuw ti 4 i ft V* II l r > SPC —THE SINGAPORE CONNECTION67 words
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Advertisement48 1988-10-25 40 \$!?)-&*{{>^.[?|_*;&{(<~;!_{!;~ It is confirmed! New ENERCIZER, is A+<:i fei:'.; 'J i W.fe-V' V,"VV-V?!>- fH« 'V«* ik. 'i%& f l /ivrr »> -V**»v v •.V»/' v f-.,^ tfjfws c> •r" v.* r/ v.y.v"?f.??v v.. < hVtfafii 'I *< I Lv; i ■-I in ,u te fi.fl &"t V > s >x48 words
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Advertisement0 1988-10-25 40 ",'>,[}:[?-`]:&!\=(="@@`?^<'*(@0 words
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Advertisement38 1988-10-25 41 ingapore's longest lasting battel >* m 7f. A* fStej^y e °fb. ts Tin, f* r Os *ay fr ,£"•> At s 'np «cswf ,r >-j* s 4* S,*" v°" >*£ y v JftM&fcS: V>j»' IS*/// z:,rr*z: New ENERGIZER. Singapore's longest battery.38 words
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Advertisement5 1988-10-25 41 MA. BMIII ifilUMiU. imi I^Miir/Avir/AMV^J5 words
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Advertisement128 1988-10-25 42 LJ Whatever they buy from us, we're providing our customers the same thingsuccess. m. fk *r*rr; With 60 years' worldwide experience and extensive facilities serving Singapore, Indonesia and Malaysia, we have built a reputation as problem-solvers. For every situation our customers could face in developing and manufacturing their products, they128 words
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Advertisement568 1988-10-25 42 [fife, rnmWWM' ■K-lV ikimv ■ill. lit Nl.ltifMa] SiHll w I STH ASIAN-PACIFIC TAX CONFERENCE Hilton International, Singapore 17 18 November 1988 FEE: Sslooo (Member) Ssl2oo (Non-Member) Closing Date: 10 NOVEMBER 1988 ASIAN-PACIFIC TAX INVESTMENT RESEARCH CENTRE (APTIRC) 2, Nassim Road. Singapore 1025 Tel: *****54 Tlx: RS ***** Fax: *****40 I568 words
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Advertisement272 1988-10-25 43 "'$\"}>)<?*-?}(\}}<]!,%${"-);^< K^ir^iQ/~riK I 111 IU YOU OWN IT HERE Mini Scribe, producer of the whole range of Winchester disk drives ranging from low capacity drives from 20Mbytes to high capacity 760 M bytes and with more than a million of its drives installed in portable and desktop computers throughout the272 words
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Advertisement76 1988-10-25 43 2 at iflturffiu. mi cipher* WE ENDORSE EDB'S EFFORTS IN PROMOTING SINGAPORE AS A CENTRE FOR BUSINESS EXCELLENCE .AS EXEMPLIFIED BY THEIR INITIATION ORGANIZATION OF THIS 'GLOBAL STRATEGIES THE SING APORE PARTNERSHIP' CONFERENCE IT TOOK FOUR YEARS. IT TOOK MILLIONS IN RESEARCH. IT TOOK THE LEADER IN TAPE TECHNOLOGY. C76 words
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Advertisement82 1988-10-25 44 BR Made by hand. St prominent Itali 8! > S 2 s m ItlU NO M \(»IJ Available at: lirunu VViu'i HoutK|u«"> entre|K»int #1)1 tl I ,S lorum (*<> 1 M> V 'cri< ava lu< kv Pl.i/.i Daimaru. Liang Court iolden Shoe Store lu< ky I'l.i/.i #(11 HO \lilr(p(iran(l.Lu(kv Hla/a82 words
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Advertisement178 1988-10-25 45 Energy for the Future A Future for Energy. 100 Years of Varta* u as *a*P WM* m mm? ACCU VartA ACCU VA I Ift 4 m Today, it is impossible to imagine what life would be like without the battery. Vital services such as information and communication technology, power stations,178 words
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Advertisement135 1988-10-25 45 ZfMk /II Mil The )NY Commitment Rom the day of its inception, more than 40 years ago, SONY has maintained its commitment to innovation, to improving the way we live and to meeting the needs of consumers worldwide. The SONY Commitment encompasses more than just R&D and new products. It135 words
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Advertisement9 1988-10-25 46 Two Decades Of The Singapore Partnership m, W M9 words
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Advertisement23 1988-10-25 47 (*}?.;`^;<]|}@;(>,_&]&{`:[\_++; GE Aircraft Engines With Compliments GE Aviation Service Operation Pte Ltd 23 Loyang Way, Singapore 1750 Phone: *****71-8 Telex: RS ***** Rapifax: 65-*****1223 words
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Advertisement116 1988-10-25 47 @>|*%|>>](:)%@={={)~"/'*"(-.%>" From bumboats to giant container vessels we've been financing trade in Singapore for over HO years. A 0 I 1 1 mm 7i 52 'Vffl&l 4, 'JmMmk 7 mv-;. w/ f V u,i In the past, we were established to finance import and export trade with goods from around116 words
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Advertisement243 1988-10-25 48 ?$[;^!($-{%)!%'(,*<_^%[[>{%@+$^ Specialised precision. Global accuracy. m ~i I -Wmma r m > r \r 13» i i- A A A* i sj K V> ss -> i>VW 3^ f ■v m aPi Si > K zn i<* 5 m i V 1 m a ■eSSI M T® ?V m, ■u\243 words
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Advertisement15 1988-10-25 48 7#i W 4MB IV \\v I ■lit Ml 9111 11 F, AIJM MIW Mlf/i VI".15 words
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