The Business Times, 2 December 1988

Microfilm: NL16404
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, DECEMBER 2, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    272 1 Reuter Footsie down LONDON share prices were near the day's lows in nervous trading at midday yesterday, with traders reporting concern about the government's huge British Steel flotation and the general economic outlook. The Financial Times-Stock Exchange 100-share index was off 11.5 points, or 0.6 per cent,
    Reuter  -  272 words
  • Article
    Lock icon Bhutto is PM of Pakistan
    131 1 Reuter BENAZIR BHUTTO became the first woman to be elected to govern a Muslim nation when acting President Ghulam Ishaq Khan yesterday nominated her to be Prime Minister of Pakistan. In a television broadcast in Islamabad, he described the 36-year-old daughter of executed prime minister
    Reuter  -  131 words
  • Article, Illustration
    Asian markets easier
    211 1 WALL STREET'S overnight rally for the third consecutive day failed to inspire higher closings in the regional markets as investors stayed on the sidelines ahead of US November employment figures expected today. Regional stock markets generally closed lower led partly by Tokyo's 37-point fall except for Hongkong
    211 words
  • Article
    HK group wins billion-dollar deal
    541 1  -  SUNTEC AWARDED CONTRACT TO BUILD EXHIBITION AND CONVENTION CENTRE By LEE HAN SHIH Property Correspondent THE SUNTEC GROUP, a Hongkong tycoon's investment club, has outbid two rivals to secure the right to build a billion-dollar International Exhibition and Convention Centre in Singapore. Suntec will spend
    541 words
  • Article, Illustration
    Beach Road area heading for a property boom, or bust
    506 1 IN THE next few years, the Beach Road area could either enjoy a property boom, or it could become one of the most depressed spots in Singapore's property market. As a result of urban redevelopment. there are now five major
    506 words
  • Article
    BG Lee to lead team to Gatt talks
    189 1 THE MINISTER for Trade and Industry, Brigadier-General (Res) Lee Hsien Loong. will lead the Singapore delegation to the mid-term review of the Uruguay Round of talks sponsored by the General Agreement on Tariffs and Trade (Gatt). The delegation, which includes the Minister
    189 words
  • Article
    Lock icon Kohlberg Kravis Roberts wins Nabisco in record leveraged buyout deal
    542 1 Agencies THE LARGEST corporate auction in history ended after marathon sessions on Wednesday night with an apparent agreement to sell RJR Nabisco Inc to Wall Street investment firm Kohlberg Kravis Roberts and Co for more than U5524.5 billion. KKR, outbidding
    Agencies  -  542 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      150 1 BUCHERER Swiss Made a For the best in Sichuan and Seafood Dishes r mm W^rn Mini Fo Turn Qiam; Dragon City Sichuan Restaurant Dragon City Sichuan Restaurant is famous for its exquisite Sichuan Cuisine. Savour some of the marvellous delights from our menu comprising of over 188 Sichuan and Seafood
      150 words
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      Page 1 Advertisements Column 2
      226 1 Leader, Page 14 Full report, PAGE 20 Regional mkts, PAGE 22 Editorial Comment: 14 Success has many meanings Opec meeting 15 Iran and Iraq emerge winners Free trade agreement 2 A return to GSP privileges 7 PSA 3 Rebates for port users Common market 5 Asean to hold talks Japan-US
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      Page 1 Advertisements Column 3
      14 1 Gatt talks: if* maks or braafc; Counterfeiting of goods a burning Isswa, PAGE 7
      14 words
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      Page 1 Advertisements Column 4
      209 1 Minolta EP49OZ with Simul-Color. Singapore-made computer best in the world BACK PAGE Sembawang's success story SPURRED by robust orders, Se-nbawang Shipyard should turn in a set of sparkling results this year. Its managing director explains why the yard is doing much better these days PAGE 19 Among the Maharajas IT
      209 words
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  • HOME NEWS
    • Article, Illustration
      Free trade accord with US: where we stand
      424 2  -  Singapore's chances better than Japan's, says consultant By TAN KEE WEE A FREE Trade Agreement (FTA) between the United States and Singapore is more likely than an agreement between Japan and the US. And if this should occur, Singapore would gain back
      424 words
    • Article
      Temporary move for NTUC operations
      89 2 THE National Trades Union Congress will operate from the CPF Building in Robinson Road until March next year, when it will shift back to Trade Union House in Shenton Way. The union offices are currently located on the 32nd floor of CPF Building, suites 32-01
      89 words
    • Article
      SIA had generally good month in October
      154 2 SINGAPORE AIRLINES performed better in October than in the same month last year except for a slip in punctuality. Its best performance was in freight carried, up 27 per cent to 22,263,000 kg. Passengers carried rose from 470,000 to 520,000 an increase of
      154 words
    • Article
      NTUC raps employers over attitude towards wages
      180 2 EMPLOYERS have been criticised by the National Trades Union Congress for not paying enough attention to building a flexible bonus system that will act as a buffer in a recession. Instead of creating a system that let bonuses swell in good times and
      180 words
    • Article
      • Private sector to invest $690m in tourism
      244 2 Private sector to invest $690m in tourism THE PRIVATE SECTOR will put $690 million into tourism projects over the next three to four years, the Minister of State for Trade and Industry, Mr Mah Bow Tan. noted last night. That financial commitment must, however, be complemented by better service if
      244 words
    • Article
      Lighting grant for Kallang Theatre
      57 2 THE Kallang Theatre will be fitted with computerised lighting control equipment, thanks to a grant of $780,000 under the Japanese Cultural Grant Aid Programme. The money was handed by the Japanese Ambassador. Mr W Miyake, to the Permanent Secretary of the Community Development ministry, Mr
      57 words
    • Article
      SRMA to introduce diploma course in retail management
      412 2 THE SINGAPORE Retail Merchants Association (SRMA) Training Centre will introduce a diploma course in retail management next year to upgrade the standard of service in the retail sector This was disclosed by Mr Lim Chin Beng. the chairman of the Singapore Tourist
      412 words
    • Article
      Deadline for BT-DHL essay contest extended
      141 2 IN RESPONSE to requests from the public, the deadline for entering the Business Times-DHL Businessman of the Year and Enterprise Awards Essay Competition has been extended to Dec 15. The contest, which has the theme "Global City Global Business seeks to get the public's
      141 words
    • Article
      UK trade mission coming on Sunday
      126 2 A MAJOR British trade mission made up of 25 engineering companies will be here next week to strengthen trade links between Singapore and Britain. Organised by the Engineering Industries Association, the mission is headed by Lord Selsdon, who is the chairman of the association's
      126 words
    • Article
      CPS lands second deal
      172 2 STRAITS STEAMSHIP Company Ltd's subsidiary. Computer Processing Services (CPS), has clinched a second foreign distributorship award within a week. The company yesterday signed an agreement with Amer-ican-based AT T, giving CPS marketing rights in Singapore and Malaysia for AT T data systems products and application software
      172 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      201 3 STASIA C THOMPSON has joined Hill and Knowlton Asia Ltd in Singapore as a consultant Formerly with a Chicagobased public relations firm, Mrs Thompson will specialise in consumer marketing She has a Bachelor of Journalism degree from the University of Missouri, USA CHRIS CHOONG has been promoted
      201 words
    • Article
      Jeyaretnam's convictions not reversed by Privy Council ruling
      358 3 THE GOVERNMENT said yesterday it has been advised by Attorney-General Tan Boon Teik that the Privy Council's recent ruling allowing former opposition MP J B Jeyaretnam's appeal against disbarment is binding, but that the Workers' Party chief's convictions, on which his disbarment
      358 words
    • Article
      OCBC and GE Life launch insurance plan
      159 3 OVERSEA-CHINESE Banking Corporation, in a tie-up with The Great Eastern Life, is offering its Visa and MasterCard holders an insurance scheme whereby premiums are charged to the cardholder's OCBC credit card account. Under the scheme, which is called the "10-year Term Life Money
      159 words
    • Article, Illustration
      PSA offering port users $7.3m package of rebates
      540 3  -  By JEAN FOONG PORT USERS have t?een presented with a package of rebates that will cost the Port of Singapore Authority (PSA) $7.3 million a year. The rebates, effective from Jan 1, will cut port charges at Sembawang Wharves, handling charges for
      540 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      432 2 Specifications vary in Singapore WE'VE GONE TO GREAT LENGTHS TO GIVE YOU MORE COMFORT. We do not expect our customers to compromise We build cars for people I who demand the best and who insist on luxury and quality of the highest degree For these people we have built the
      432 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      131 3 WORLDWIDE EXPRESS m Prompt pick-up and delivery 24 hours a day Distinctively Bally. Featuring an exclusive range of precision quartz timepieces for men and women. With a choice of gold plated, grey or white dials. Also available with the unique steel gold plated bracelet or soft leather straps. Other features
      131 words
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      Page 3 Advertisements Column 2
      46 3 GIVENCHY GENTLEMAN PARIS w-*<— MEET THE NEW GIVENCHY GENTLEMAN at ROBIN'SON'S CENTREPOINT-ORCHARD ROAD-TELEPHONE: 7HOBBBOPEN FROM 10. 30AM TILL 8. iOPM SEVEN DAYS A WEEK ■MBMmTRANSMARCO TRANSMARCO FASHIONS KFII TD S5 uppagy Rim.l #118-22. lupine Centre «>«>22) Tel: 7MM 175. Fj\: 7**6991. Telex: TMF RS if>2l 1.
      46 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      205 4 AND YOU CAN FORGET ABOUT THE PRINTER Because we're going to give it to you. Absolutely free! It you ch(x>se our PC J1 or PCe we'll give you the 9-pin LX 800 printer, the compact one that prints 180 characters per second. It a ***** machine like our PC AX
      205 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Chinese minister off to thaw ties with Moscow
      394 5 AP CHINA s Foreign Minister Qian Qichen left yesterday for the Soviet Union on a mission to end three decades of tension and mistrust between the world's two largest socialist states Qian is the first Chinese foreign minister in 31 years to
      AP  -  394 words
    • Article
      Lock icon Fiji to deregulate economy
      154 5 AFP Fiji's interim government has announced plans to deregulate the economy over the next three years to allow freer trade and increased competition. The Ministry of Trade and Commerce said it would first lift import restrictions on wheat products from next year. One third of Fiji's
      AFP  -  154 words
    • Article
      Lock icon Vanuatu expels prominent lawyer
      237 5 Reuter VANUATU has given a prominent foreign lawyer 14 days to leave the country in a move that could damage its standing as a tax haven. Constitutional lawyer Peter Coombe. who has represented Prime Minister Walter Lini's arch-rival Barak Sope in several cases, said yesterday that
      Reuter  -  237 words
    • Article
      Lock icon Chatichai suspends lumber permits
      189 5 AP THAI Prime Minister Chatichai Choonhavan indefinitely suspended government concessions to lumber companies on Wednesday after uncontrolled logging was blamed for many of the 370 deaths in storm-ravaged villages In two districts of Nakhon Sri Thammarat province, where 267 of the 367 bodies were found, mud.
      AP  -  189 words
    • Article
      Asean to hold talks on common market
      510 5  -  Urgency underscored by global trade trends By AL O LABITA Jr THE POSSIBILITY of establishing a common market is expected to highlight the six-day meeting in Manila of the Asean Chambers of Commerce and Industry (ACCI) which began yesterday. About 300 business leaders
      510 words
    • Article, Illustration
      Lock icon Revolt could make Shamir prisoner of rightists
      352 5 Reuter A LABOUR Party revolt against another national unity government could leave right-wing Israeli Prime Minister Yitzhak Shamir the prisoner of far-right activists and militant rabbis. Some Israeli officials fear the country might be seen as drifting towards extremism when its adversary, the
      Reuter  -  352 words
    • Article
      Lock icon Jaye to allow foreign observers at elections
      116 5 AFP PRESIDENT Junius Jayewardene of Sri Lanka on Wednesday bowed to opposition pressure and agreed to allow foreign observers to monitor presidential elections next month, officials in Colombo said. The 82-year-old leader on Wednesday asked Foreign Minister Shahul Hameed to seek assistance from
      AFP  -  116 words
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      126 5 s&V re* >, fe* > u m\ Utf-M m >- T»M| •n::; PM*«» (11(1 n WW®" < A II f*!lk liYi««i < »»i UHlji 4«itf jl- J t v lIPSM IIMII i,: i 'pa hUU V T •n -Hi m*T< HH mm k lS%*f*s Spf&^Sir* The UOB VISA Premier Card.
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      187 5 mmjtm I /sS'^ to? Max/ Note Mln (°C) 27/11 Fir>* 06/03 Rain 14/08 Cloudy 25/15 Clear 30/20 Claor 29/23 Cloudy 11/00 Clear 16/12 Sunny 06/-1 Cleor 02/-4 Cloudy 24/19 Cloudy 09/04 Showers 29/19 Cloudy 11/03 Cloudy 03/02 Cloudy 28/19 Clear 23/12 Clear 05/-2 Cloudy 23/06 Fin* 26/17 Cloudy 07/06 Cloudy
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  • REST OF THE WORLD
    • Article
      Lock icon Japan to continue close ties with US under Bush
      331 6 UPI FOREIGN MINISTER Sousuke Uno of Japan pledged on Wednesday that his country will continue the close economic, military and political relationship with the United States in the next American administration. Japanese officials, reporting on the two-hour meeting between Mr Uno
      UPI  -  331 words
    • Article
      Lock icon Volcker: Cut deficit to preserve economic prestige
      262 6 Reuter THE AMERICAN BUDGET deficit must be cut in order to preserve United States economic prestige abroad and lower the risk of recession at home, former Federal Reserve Board chairman Paul Volcker said on Wednesday. Testifying in Washington before the National Economic Commission,
      Reuter  -  262 words
    • Article
      Lock icon US suffers defeat in UN over Arafat issue
      248 6 Reuter THE US suffered one of its worst defeats in the United Nations on Wednesday when the General Assembly said it had violated its legal obligations by denying a visa to PLO leader Yasser Arafat. A total of 151 of the UN's
      Reuter  -  248 words
    • Article
      Lock icon Poland plans to start free currency trading next year
      356 6 Reuter POLAND plans to start introducing free currency trading next year, ending a ban that has existed since the communist government took power, a senior government official said. The official also said an end to the rationing of petrol. meat and
      Reuter  -  356 words
    • Article
      Lock icon Walesa scores in TV duel with union boss
      224 6 Reuter LECH WALESA made a triumphant return to the public stage on Wednesday, brushing aside the Communist boss of Poland's official trade unions in a televised debate and making an impassioned demand for democratic freedoms. Mr Walesa showed he had lost none
      Reuter  -  224 words
  • Article
    DAILY AIRCRAFT MOVEMENTS
    670 6 ARRIVALS Operator Sorvico Local From number timo MAS MH631 1520 8KI PAS EPS 38 1520 8PN MAS MH613 1605 KUL ANZ TE27 1620 AKL USAF FMT2291 1650 CDC SU SO 77 1700 NCT SIA SO 31 1705 CDG/ATH S1A som 1705 KUL SIA SO 205 1715 CGK
    670 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      51 6 The business person s choice every Tuesday, Thursday, Saturday ond Sunday Leav*>g Chongi Airport at 22:05 hours ond arriving Heathrow earty the foftowmg morrong Coll your Travel Agent or Air Conoda at *****55. AIR CANADA 1 OSSE T T I 400* FRAT E L L I ROSS E T T
      51 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      43 6 Doonesbury you LOOK a urns firm ml. you FE&JN6 I'M FINETHANKS My me just GAVE- 3IRTH on cablet, v. aren't you GIMP you ASKED? BY GARRY TRUDEAU r A FRANKLY I UJAS SURPRJStV SHE STUPPEP HER SHALLOW BREATHING SO SOON V 8 =1
      43 words
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  • FOCUS
    • Article, Illustration
      Counterfeiting of goods a burning issue
      730 7  -  Prospects of a fair international trading system hinge, in many ways, on the outcome of the General Agreement on Tarriffs and Trade meeting in Montreal next week. TAN KEE WEE examines the issues to be brought up at the talks and, in an accompanying
      730 words
    • Article
      Gatt talks: it's make or break
      997 7 PROTECTIONISM threatens to burst its banks and inundate advances in international trade if, at the end of next week, no progress is made in the mid-term review of the Uruguay Round of talks in Montreal. The Uruguay Round of talks, sponsored by the General
      997 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      101 7 Holding a Christmas f\ Patty? irt\ li Leave it to us. Whether its a theme party, a company dinner and dance or an elegant festive get-together that you want, our experienced banquet staff will plan and handle everything jor yon, down to the very last detail. jnl We have .3
      101 words
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      Page 7 Advertisements Column 2
      131 7 AIDS CAN'T CATC ITs From donating blood From sneezing and coughing From toilet seats From fleas or mosquitoes From money From plates and cutlery From drinking glasses From shaking hands or hugging From sharing food From swimming pools From going to school with someone with AIDS From working with, sharing
      131 words
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  • COMMODITIES
    • Article
      Produce Prices
      241 8 Chinese Produce Exchange Sellers' noon closing prices on Dec 1 (SS/100 kg) Coconut oil Bulk FOB II 3.00 Old drum FOB 123.00 N«w drum FOB 127.00 Copra Mixed (loose) 66 sellers Pepper Montok white FOB NIW 730.00 Sarawak white FOB foq NIW 720.00 Sarawok special black FOB NIW
      241 words
    • Article
      London markets
      304 8 London Commodity Exchange Buyer/Seller closing prices on Nov 30, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London Nov (1052/1057) High/Low 1078/1057 Jan 1095/1066 (1065/***** High/Low 1096/1065 Sales (4025) Cocoa Dec 845/846 (854/855) High/Low 854/855 Mar 865/866 (881/882) High/Low 876/851 Sales
      304 words
    • Article
      KL Tin
      129 8 THE Kuala Lumpur ttn marital closed a cant highar at M 519.60 a kg yaatarday altar a brief trading session, mainly influancad by currancy factor*. The market attractad Increased demand from Malayalan and European traders after sterling's further rise against the rlngglt which narrowed the local premium over
      129 words
    • Article
      Palm Oil
      426 8 MALAYSIAN CRUDE PALM OIL FUTURES closed slightly easier yesterday in quiet trading on the KLCE. A dealer said the market has been rather quiet from the absence of demand for the local product. Operators were also said to be still watching the flood situation, especially in Johore. Spot
      426 words
    • Article
      Rubber
      279 8 SINGAPORE. Rubber prices closed higher yesterday with January 1 RSS buyer quoted at 201.00 cents a kg, up three cents from Wednesday s close. Dealers said prices fluctuated narrowly in quiet afternoon trade due to a lack of fresh interest. On the TSR-20 Award market, prices were little changed
      279 words
    • Article
      Lock icon Crude Oil and Products
      164 8 Telerate FUEL OIL prices remain relatively steady on the Singapore market yesterday. Sell indications for second half Dec CST-180 were at US$75-76 per tonne (fob/cif Sing) while potential buyer's numbers were pegged at US$72-73 per tonne (fob/cif Sing). Volume of trade was light as buyers were
      Telerate  -  164 words
    • Article
      RAS and MRELB
      272 8 RAS priCOS In t cuto/bg, FOB In bain NOON CLOSE 8uyors Sol loo 8wyors S#M#rt kit 1 RSS Prompt 197.50 198.50N 197 JO 198 JON Int 1 RSS ion 88 201.00 202.00N 201.00 202.00N lot 1 RSS Fob 204.00 205.00N 204.00 205.00N In* 2 RSS OP 195.50
      272 words
    • Article
      SSR and SMR
      84 8 (canti/kg) DECEMBER 1988 JANUARY 1988 (currant month) (forwor d month) RAS NOON NOON Ivytn S#N§n •vyan Jaian SSI 30 185.00 287.00N 85 00 187.00N SSI 50 183.00 185.00N 18X00 185.00N MRELB kym Saltan luyan 5 H r SMt CV 396J0 398 JON 398J0 300JON SMI L 390.00
      84 words
    • Article
      Lock icon Price gains boost Australian miners' profits
      319 10 FT THE AUSTRALIAN mining industry's recent dramatic increase in profitability has ended six years of poor performance, but it is earned in ttte smelting and refining industries through higher metal prices rather than the important coal, iron ore and gold sectors. This is the
      FT  -  319 words
    • Article
      Lock icon US farm prices down 0.7pc last month
      187 10 Reuter FARM PRICES in the United States fell by 0.7 per cent last month, reflecting lower prices in feed grains and the lowest hog prices in more than eight years, the Agriculture Department said in Waahington on Wednesday. But prices paid to farmers
      Reuter  -  187 words
    • Article
      Lock icon Iraq joins Saudis in offering lower oil prices
      333 10 UPI IRAQ has joined Saudi Arabia in offering a reduction of crude oil prices by 10 US cents a barrel for shipments in December. Japanese oil industry sources said yesterday. The offer followed an agreement by the Organisation of Petroleum Exporting Countries
      UPI  -  333 words
    • Article
      Lock icon Platinum prices to stay high for next two years, say analysts
      420 10 AFP PLATINUM'S current strength is sustainable during the next two years because of tight supplies, analysts at Shearson Lehman Hutton in London predicted yesterday. In their Annual Review of the World Platinum Industry, they said that prices were likely
      AFP  -  420 words
    • Article
      Lock icon Courts ruling clears pipelines' paths in North America
      390 10 UPI A FEDERAL judge's ruling has removed a major hurdle from the paths of two natural gas pipelines linking a Canadian natural gas field with major markets in New England and New York, officials said in Montpelier, Vermont. The decision has in
      UPI  -  390 words
    • Article
      Precious Metals
      435 10 HONGKONG: Gold closed slightly higher yesterday in quiet and thin trading in the afternoon session There was light local buying and short-covering by US investors in early trade, due to strong platinum and crude oil prices in New York on Wednesday. Bullion ended at U*****.30/80 an ounce against
      435 words
    • Article
      Soybean
      121 10 Nearby CBT soybean contracts closed higher with late support from professional buying against light seller interest on the Chicago Board of Trade on Wednesday. Soybeans were higher most of the day. supported early on follow-through buying from Tuesday and scattered export business New-crop soybeans were lower. January futures closed
      121 words
    • Article
      Wheat
      118 10 Commercial selling erased early gains in CBT wheat to take futures lower at mid-day on the Chicago Board of Trade on Wednesday Louis Dreyfus sold about 2.0 million bushels of March and Bunge sold about 10 million Buyers included CGM with about 1.0 million bushels of December and Cargill
      118 words
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      Page 8 Advertisements Column 1
      74 8 B S a >v'vr.A- i il >'ii c viw. > J?V r > -**S •.vt, ?>* r m r Vw as A M s-V. vckwifl •*r m En ■MM The latest range of casual knitwear IN 100% DOUBLE MERCERISED cotton. Distinctively designed in TASTEFUL COLOURS. HANDCRAFTED ACCESSORIES PERFECTLY COMPLEMENT THE
      74 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      106 9 The new classic Delirium' in 18-carat gold for ladies and men. A mere two point nine-five millimeters thin. Water-resistant. Complemented by a fine crocodile strap. Available only at specially authorized watch retailers jewellers. Authorised Dealers: SINGAPORE: Asia Watch (Parkway Parade), Chew Cheong Watch Centre (Shaw Centre, Wisma Atria), Cortina Watch
      106 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      304 10 I Y V 2 Rng Hun Shape Diamond 2 04cts Dumonds 0 40cts 3. teg Oval Shape Diamond 2 (Sets 4 teg Diamonds 0 90cts 5 Rmg Pear Shape Sappftre 2 78cts Diamonds 2 75cts 6 Rug Diamonds 0 90cts 7 teg Ruby 1 85cts Diamonds 2 50ns 8 Hug
      304 words
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  • BANKING AND FINANCE
    • Article
      Forex markets
      766 11 SINGAPORE: Wednesday night's release of the Fed's Tan report indicated US growth was slower than expected, and this dented speculation of an imminent discount rate hike which had been fuelling a dollar rally The US dollar spent yesterday in Asia listlessly between West German marks 1.7280/1.7318, yen 121.25/121
      766 words
    • Article
      Foreign Exchange
      229 11 Interbank rates at 3pm yesterday: CUfftHCltl Nominal rtlM X onm perWy change Local dollars to c «>• unit of foreign currency: US dollar 1.9470 1.9480 2.8196 -30.95 Starling pound 3.6068 3.6106 7.3469 -50.91 Australian dollar 1.7055 1.7083 3.4286 -50.26 NZ dollar 1.2694 1.2720 3.4286 -62.98 Canodian dollar 1.6409
      229 words
    • Article
      Lock icon Hongkong government intervenes in interbank market
      386 11 AFP THE HONGKONG government's Monetary Affairs Branch indicated on Wednesday that it had tightened liquidity in the local interbank market for the fourth time since gaming additional central banking powers in July. The intervention reduced the balance in an account the Hongkong and Shanghai
      AFP  -  386 words
    • Article
      Lock icon Japan to deregulate yen CP market
      91 11 Reuter JAPAN'S Finance Ministry will soon announce plans to ease issue rules on yen and Euroyen commercial paper (CP), a ministry official said yesterday The ministry will expand the number of eligible yen commercial paper issuers to about 450 companies from 200 now, the
      Reuter  -  91 words
    • Article, Illustration
      Simex may break 20,000 contract level
      322 11  -  By LEONG WEN WAH THE AVERAGE DAILY volume on the Singapore International Monetary Exchange (Simex) should exceed the 20.000 contract level soon if the exchange continues to set new trading records. Simex announced yesterday that the monthly trading volume hit a record 400.623 contracts
      322 words
    • Article
      Lock icon South Korea to allow banks to set lending rates from Monday
      257 11 Reuter SOUTH KOREA'S Finance Ministry. in a major step towards liberalising the banking industry. said commercial banks will be allowed to set their own lending rates from Monday. The government in the past has fixed bank interest rates. The
      Reuter  -  257 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      169 11 At Carlton's Cafe Victoria, Nasi Padang returns to Bras Basah every Sunday. Even though we're a new hotel, we have a decent respect for tradition And one that's very close to us is the Nasi Padang stalls that not so long ago lined Bras Basah Road with an avenue of
      169 words
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      Page 11 Advertisements Column 2
      59 11 T* f i ips m Italy. 1 *Pk v** it~*r f i.- r %> /■•V i.v > '■\*a $2/ Sfe- 1 Efts ;v--0 t w 55Sf«^ii& v Jew m SS TT 3m m ■Haml 1 •>. «fc k* ik >!- v*- st; JF. Jfc£ ifSpJk." a; > B *a jr
      59 words
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  • MONEY AND EXCHANGES
    • Article
      Options
      1532 12 CURRENCY FUTURES OPTIONS Thursday, D«c 1 1988 DEUTSCHE MARK (81! MEX) Dm 88 caUa Htah Low San Dac 88 puis Sa<l 52 53 54 55 56 57 54 59 60 61 63 3858 285* >858 938 390 290 190 96 29 8A 43A CAi CAS CA* CAS 3 6
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    • Article
      IMM
      316 12 Most IMM foreign currency futures ended higher but below the day's highs after profit-taking reduced daily gams on Wednesday. Prices erased early losses but hit resistance until an afternoon rally carried oearby contracts to fresh daily highs A rally ensued when the Fed released a report of US economic
      316 words
    • Article
      Comex gold/silver futures
      178 12 Gold futures on Nov 30, 1888 100 toy auncM IISS par to" our ca OpM M* Lav Ok 421 JO 435.30 420.70 424.60 3.90 Jar 433.30 433.30 433.30 437JO 170 F«k 436.60 ***** 423.90 439JO 2 JO 431 JO 433.00 431.00 434.90 2.40 Mm 43«.00 440-30 437
      178 words
    • Article
      Lock icon Simex
      491 13 BA Futures MARCH Eurodollar futures opened sharply higher on Simex yesterday from Wednesday's close following news that the US economy was growing at a slower rate as well as the Fed's aggressive injection of liquidity into the banking system. The March contract continued to trade higher as cash rates
      BA Futures  -  491 words
    • Article
      Money markets
      65 13 THE OVERNIGHT rate on the Singapore money market rose 1/4 point to close at 3 per cent yesterday. One month fell 1/8 point, two months was unchanged. and three months tell 1/16 point. S$ Interbank rates at the close yesterday OfFEt MO 3 2 3/4 1 mon* 4
      65 words
    • Article
      Goverment securities market
      102 13 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO OfF€R HIGH LOW 3 months BQ*****S 02.03.89 3.30 3.25 3.43 3.28 6 months BY*****Z 23.03.89 3.42 3.37 3.49 3.40 1 yeor BY*****H 23.11.89 4.22 4.17 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      102 words
    • Article, Illustration
      World interest rates
      184 13 Indicates the ivtrflQt of u>f pnmt wnainQ riivi oi 12 ma|or banks In S'pora Interbank market rates (offer/bid) on Dec 1 us$ 0^ SWFC Y«1 7 dor* 6/16 7/16 u u 7/« 4 15/16 13/U 4 3/• 1/« 4 1/16 3 15/16 1 M*l f 3/« 1/4
      184 words
    • Article
      Asian $ market
      182 13 Asian market US$ MO 7 days 8 9/16 8 7/16 1 month 8 7/16 8 3/16 2 months 9 3/16 9 1/16 3 muKta 9 3/16 9 1/16 6 womt» 9 1/8 9 months 9 3/16 9 1/'« 12 months 9 1/4 9 1/8 S fr DM (MiddW prfcm) 1
      182 words
    • Article
      Lock icon Seoul joins up
      32 13 Reuter SOUTH KOREA this week took a major step towards membership of the rich nations' club, signing up as an "Article Eight" member of the International Monetary Fund. Reuter
      Reuter  -  32 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      398 12 mmk *> n UVgUUVVUt I' llv llfflllfVU Who is this man? What happened to him at Bibi's to cause such a sudden and violent growth of body hair? Are you willing to risk the same it i> thing happening to you? If you are, why not cancel II that boring
      398 words
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      172 13 SINGAPORE'S OLDEST CARPET ESTABLISHMENT ©GRAND CARPET CAT p THE FOUNDER AMIR MOHAMEP KHAN ■ISVfIV ■\a#> •Jit t '#f xfSP H♦♦♦♦♦t Mr S S H V PAKISTAN C ARPETS s°o o <2 P* y ft Po V o** OLD KELIMS: PERSIAN. MOROCCON. TURKISH. CHECK POINTS ON HOW TO BUY ORIENTAL RUGS
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      Page 13 Advertisements Column 2
      174 13 PHILIPS A PREVIEW Philips *****-based PC I I Hfitf -V •> Mi Philips P9OOO UNIX Deportment Computer with ***** CPU Philips MEGADOC Optical Filing System UNIX Application Software A BETTER VIEW BOOTH 4117 I INFORMATICS '8 8 HALL 4, WORLD TRADE CENTRE. 8-11 DEC 1988.11AM-7 PM Visit our booth at
      174 words
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  • PERSPECTIVE
    • Article
      Success has many meanings
      473 14 DIFFERENT people will commend for different reasons Benazir Bhutto's rise to power in Pakistan. To many, her career is noteworthy because of the odds she has. had to overcome as a woman: though Razia Sultana and Chand Bibi ruled kingdoms in 13th century India, no woman
      473 words
    • Article, Illustration
      Yeo Hiap Seng: A tale of risk balancing
      1204 14  -  Yeo Hiap Seng today celebrates 88 years in business, having grown from a family business into a major publicly-listed company. FOO CHOY PENG traces the evolution of YHS, from its beginnings in a shophouse in Fujian, China, in 1900. FOO CHOY PENG
      1,204 words
    • Article, Illustration
      Lock icon Opec accord marks end to Gulf War
      606 15  -  By ISABELLE HOURCADE AFP IRAQ AND IRAN came out the winners this week at an Opec ministerial meeting in Vienna, as the organisation resolved a two-year-old dispute between the Gulf War adversaries. "The war is over," declared Iraqi Oil Minister Issam al-Shala-bi at
      AFP  -  606 words
    • Article
      Lock icon Oil producers close ranks but...
      856 15 Reuter NOT FOR THE FIRST TIME in its turbulent 28-year history, Opec has pulled back from the brink. After months in which Saudi Arabia threatened to flood the crude oil market if renegade over-producers did not fall back into line and after 12 days of
      Reuter  -  856 words
    • Article
      Lock icon The morning after
      227 15 AFP SOME TWO MILLION people have been affected in Iran and Iraq by the two countries' eight years of war, and the traumatic effects on women and children in border areas are "particularly alarming". United Nations Children's Fund (Unicef) director-general James Grant said in Paris on Tuesday
      AFP  -  227 words
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  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      51 14 i TMINK YOU'D Beu«oNGA -to £NGO<-N?«Ge YOUR NePMGJLO To OCT A JO6 UJORKiNO i ,-PetffcN/ V "Ph COULD WTj?ODOC£ 1 Miro To ONC OR TloO USCFOL i H€SC BOT im NOT \GO»MG» TQ. (f o^, r ONce nou r H p I Floodgates J ,r?M> (5^ MQ fTAMOAOO CO ITO
      51 words
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      165 15 BAUME MERCIER GENEVE Shim room and Vniu entrv: Smi;ap< >ri *Z2 2*> 2' Hilton International Singapore. Orchard Road. Singapore 0923 Tel: 7UKC S >S Telex RS SC4S4 PIA(il I .ix ?V***** "CI 21 Mi: il.itin shopping AriJik. Ihe Mandarin Singapore. .'33 Orihard Road. Singapore 0923. Tel: *****31 Malaysia Lot f>B
      165 words
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  • LEISURE
    • Article
      Lock icon Millions of Americans are burdened by sex: psychologist
      369 16 UPI MILLIONS of Americans are so addicted to sex that it interferes with their lives and in some cases leads to depression and suicide attempts, a psychologist said this week. The psychologist, Mr Patrick Carnes, said sexual addiction affects 3 to 6
      UPI  -  369 words
    • Article, Illustration
      Lock icon Salvador Dali stable and in good spirit
      259 16 Reuter SPANISH ARTIST Salvador Dali. seriously ill with a blood clot in his lung, saw visitors in the intensive care unit of a Barcelona hospital on Tuesday and doctors said his condition was stable "I didn't find him defeated, he had hope." one
      Reuter  -  259 words
    • Article
      Lock icon Send in the clowns
      572 17 Teaching managers to act out their problems IHT WELCOME to the corporate version of la comedie Francaise French companies, appealing to theatre-loving executives, are staging short, often satirical, plays to relieve tensions at work or to get a difficult message through. A live performance about a
      IHT  -  572 words
    • Article, Illustration
      Lock icon Brigitte Bardot gives new homes to animals
      299 17 AP BRIGITTE BARDOT. former film star turned animal-rights crusader, bought 110 animals on Wednesday from a zoo which filed for bankruptcy. Here I am with a zoo on my hands." Miss Bardot. 54, told reporters after signing a contract allowing her to purchase
      AP  -  299 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      694 16 Where to entertain. f i l j gr+Tra EXESS ONE C(X)D REASON TO LUNCH AT THE PALM ORILL IS OUR APPETISER BUFFET \NO| HK.K IS mi; IK)ICK <H MAIN (XK RSKS R\l VI r w For between $2f»+ and 540+ you can select from our appetiser Vj|\ll.l. bullei including seafood,
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      Page 16 Advertisements Column 2
      143 16 Public Western and 4M** t r r m The most popular buffet lunch renowned for its value-for-money 7 il rr W 40 other new varieties! Superior specialities with menu change every fortnight! On'y $14.50++ child $10.50++ ■r* M/ »l 'o*% ••rwc* C»-«ry« 4 ??§£<!)/& •—»<«• S'i PuIULXHIII MfMM. Amplftrfj parking
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      Page 17 Advertisements Column 1
      165 17 aa übertug ©rill i mO: So much to choose for only $2150 A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection superb pastries, truffles, fortes cheese board, fresh fruit freshly brewed coffee All for $21 50 And for $27 50 you can add
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      Page 17 Advertisements Column 2
      107 17 Treasure Hunt Only Two More AIR MAURITIUS Kenyan Safari Holidays To Be Won! The fever is rising in the Great Ballantine's Treasure Hunt. And Treasure Hunters are closing in on the remaining two Ballantine's Treasure Chests hidden at secret locations in Singapore. Find either of these Treasure Chests full of
      107 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      641 17 CRYPTIC PUZZLE ACROSS 4 Character of a bee? (6) 7 Like the busy career of a sporting rider (8) 8 Happens to give dogs a bit of a shock (6) 10 Grumbles about the beds being small 7 (5) 13 Her road meanders (4) 14 A hippy dance 7 (4)
      641 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1263 17 to as© Base© Slow-witted man in love Friday At The Moviaa Prizzi's Honour 10.40pm, Channel 5 Academy Award winner Jack Nicholson (right) and Kathleen Turner head the cast in this 1985 comedy about a slow-witted hit man of a close-knit Mafia family who falls in love with a mysterious young
      1,263 words
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  • SPORTS
    • Article
      Lock icon Bid to stage McGuigan v Fenech
      289 18 AP AUSTRALIAN boxing promoter Bill Mordey yesterday made a "name-your-own-price" offer for former World Boxing Association champion Barry McGuigan to fight Jeff Fenech in Australia. "I'll be contacting McGuigan's promoter Frank Warren today and asking him just how much money he wants for McGuigan
      AP  -  289 words
    • Article, Illustration
      Lock icon Jacklin warns against crowd trouble
      396 18 AP EUROPE'S Ryder Cup captain, Tony Jacklin, wants Severiano Ballesteros. Sandy Lyle, Nick Faido and lan Woosnam to be his mam trouble-shooters if there is any bad crowd behaviour at next year's series against the US. "It only needs a word from one of these
      AP  -  396 words
    • Article, Illustration
      Kian Kee gets another shot at Dunhill Cup team
      503 18  -  By WALTON MORAIS JUST WHEN he thought his Dunhill Cup chances had evaporated on a technicality. Lim Kian Kee's hopes appear to have been given a new lease of life by the London organisers. The organisers of the US$l.3 million tournament,
      503 words
    • Article
      Lock icon Eight golfers in hunt for million-dollar prize
      413 18 AP THREE AMERICANS, three South Africans and two Europeans teed off yesterday in pursuit of golf's richest payout, the US$l million first prize in the annual Million Dollar Challenge. The three most recent winners are in the field for the 72-hole tournament at
      AP  -  413 words
    • Article
      Lock icon Italian athletics chief questioned over scandal
      203 18 Reuter ROME MAGISTRATES, investigating alleged corruption over a public relations contract, have ordered Italian Athletics Federation president Primo Nebiolo to allow a search of the association's offices The magistrates, investigating alleged malpractice by former federation secretarygeneral Luciano Barra and other officials, sent police to
      Reuter  -  203 words
    • Article, Illustration
      Lock icon Swede success for Becker and Leconte
      628 18 AFP BORIS BECKER and Henri Leconte scored upset victories over top Swedes Mats Wilander and Stefan Edberg on the first day of the eight-man U*****,000 Masters tournament in New York on Wednesday, while American teenage sensation Andre Agassi raced to an easy straight-set win
      AFP  -  628 words
    • Article
      Lock icon Couples sneaks into lead at Bicentennial Classic
      306 18 AFP CALIFORNIAN Fred Couples holed a bunker shot on the 18th hole to steal the first-round lead in the Asl.s million (US$l.3 million) Bicentennial Classic in Melbourne yesterday. The 29-year-old Couples shot a six-under-par 66 to lead by a stroke from two veterans.
      AFP  -  306 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      722 18 RENONG BERHAD (INCORPORATED IN MALAYSIA) Ist Floor, Reong Westcourt, No. 126, Jalan Kelang Lama, ***** Kuala Lumpur. Tel: *****11 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of the Company will be held at Prince Ballroom 1 2, Mezzanine Floor, Prince Hotel, 16
      722 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon How will a new KLSE committee affect the securities industry?
      499 19 msm mm™ By HOCK LOCK SIEW THE KUALA LUMPUR Stock Exchange is in the limelight again. This is that time of the year when a new chairman will be elected. This is also the time when the Ministry of Finance.
      By HOCK LOCK SIEW  -  499 words
    • Article
      Share swap at HLCB
      247 19 HONG LEONG CREDIT Bhd (HLCB) is hiving off its entire stake in fully-owned subsidiary Hong Leong Leasing Sdn Bhd and its 51 per cent shareholding in Frank B Hall Insurance Brokers Sdn Bhd to a separate company to be floated on the Kuala Lumpur Stock Exchange.
      247 words
    • Article
      Lock icon Pegi moving into property, manufacturing and mining
      250 19 NST PEGI MALAYSIA Bhd. in a major shift in policy, is moving into mining, manufacturing and property, which together with insurance will become the group's future core activities. Managing director Phoon Ah Lek said yesterday the group would continue to divest its current
      NST  -  250 words
    • Article
      Lock icon HK Telecom announces mammoth share offer
      450 19 AFP HONGKONG Telecommunications Ltd. the largest locally listed company in Hongkong, yesterday announced details of its share offering which marks the biggest ever in the British colony. Telecom, a subsidiary of British telecommunications concern Cable and Wireless PLC, said it would raise US$5l3 million
      AFP  -  450 words
    • Article, Illustration
      Sembawang's profits likely to exceed forecast
      532 19  -  Bigger orders in second half By FOO CHOY PENG BIGGER and better orders in the second half of this year are expected to jack up the profits of Sembawang Shipyard Ltd by more than what market analysts have generally forecast. When it rounds off
      532 words
    • Article
      CSV shifts to Shenton Way to cut costs
      345 19  -  By LONG SHIH ROME CITICORP SCRIMGEOUR Vickers (S) Re Ltd (CSV) will be shifting its scaled-down operations to Citicorp's headquarters in UIC Building, Shenton Way, as a cost-cutting measure following the recent closure of its marketmaking units in the United States and
      345 words
    • Article
      LATEST RESULTS
      162 19 ARAB-MALAYSIAN Development Bhd posted a 28 4 increase in group after-tax profit to M 53.12 million ($2.43 million) for the half year ended Sep 30. 1988 But group turnover slid 4.7 to M 564.3 million ($67.51 million). EPS was 0.5 Malaysian cents (0.4 cents). MALAYAWATA-STEEL BHD made an
      162 words
    • Article
      COMPANY BRIEFS
      80 19 •SETAN of Japan Ltd has sold 700,000 shares in Isetan (S) Ltd. This reduces their stake in the company to 23.5 per cent from 27 per cent before the sale. The shares were sold at $6.70 each on Nov 17 and 18. the company announced on Wednesday.(Nov 30)
      80 words
    • Article, Illustration
      Subsidiaries eat into Tang's first-half profits
      322 19 START-UP costs of Tangs Studio and a luxury goods subsidiary ate into the first-half profits of department store CK Tang Ltd. The group, which operates Tangs Superstore, reported a 26 per cent drop in profit after tax and minorities to $1.37 million for the
      322 words
    • SES
      • Article, Illustration
        Selangor Properties stands out in lacklustre trading
        1154 20  -  by JOCELYN TOH THE month-long slowdown in the stock market continues with no immediate relief in sight. Turnover on the local market picked up marginally yesterday but brokers attributed it to block deals. Against the grim background, Selangor Properties stood out with a
        1,154 words
      • Article
        COMPANY MEETINGS
        120 20 BRITISH ft MALAYAN TRUSTEES Lid: AGM at Sir Stamford 111, Level 1. Hyatt Regency Singapore. 10-12 Scotts Road today at noon. MALAYAN BANKING Berhad: 28th AGM at The Registered Office. 11th floor, Menara Maybank, 100, Jalan Tun Perak, ***** Kuala Lumpur on Saturday. Dec 3 at 11.30 am.
        120 words
      • Article
        APPROVED ISSUES
        44 20 Company RIGHTS ISSUE Spore land Onm 2% utMCurad loon Hod witfc detochoWe worrontf for every ordtftory KekJ Eoch $2 *o*»ftol voiue ioon Stock will be olloted one worronf. convertible onytime within five yeo r S E«-dot« Nov 26 Books dose Dec 8
        44 words
      • Article
        PROPOSED ISSUES
        306 20 Company RIGHTS ISSUE C 1 Holdings 27 mtflton loon stocks in th* ratio of $3 loon Stock tor *v*ry fly* ordinary shor*s h*ld D C Bonk On*-lor two $0 75 p*' shor* Duto Cons On*-for one $1 10 per share FACB On*-for on* $060 p*r shor* Generol Corp
        306 words
    • Article
      SES SHARE INFORMATION
      5590 20 1968 High Low M Cod* Company Las* Sale DEC 01 orQr*s Dlv Dlv C'VT Qr's fid Net P/E Vol (000) Day High Low Last Buyer Quote M Cap Smll SECTION ONE INDUSTRIAL ft COMMERCIAL 141 85 218 167 135 460 209 350 129 167 177 297 59ft
      5,590 words
    • KLSE
      • Article, Illustration
        KLSE prices easier
        3476 21 DESPITE an encouraging start the Kuala Lumpur stock market failed to maintain its upward momentum and prices yielded to prof-it-taking to close slightly easier yesterday Dealers said activity continued to centre on a handful of counters with price changes marginal either way They pointed out that the
        3,476 words
    • REGIONAL MARKETS
      • Article
        Lock icon Manila sues Westinghouse
        467 22 Damages sought for mothballed nuclear plant UPI THE PHILIPPINE government has filed suit in a New Jersey court against Westinghouse Electric Corp WX seeking unspecified punitive damages for a mothballed US$2.l billion nuclear plant. Copies of the complaint filed before the US district court of New Jersey
        UPI  -  467 words
      • Article
        Lock icon Thai market still constrained by fund shortage
        436 22 Reuter INVESTMENT FUNDS remain in short supply on the Thai stock market, with no sign of an early return, analysts said. The market has steadily declined since August, with the Securities Exchange of Thailand (SET) Index easing to a seven-month low of 390.33
        Reuter  -  436 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        452 22 Reuter PARIS: French share prices drifted lower yesterday in thin trading by mid-ses-sion with little interest from domestic funds or foreign buyers, dealers said. The 50-share price indicator was down 0.29 per cent at 1200 GMT after starting in the morning 0.20 per cent down. The CAC
        Reuter  -  452 words
      • Article, Illustration
        Lock icon Shares finish lower
        573 22 Tokyo Reuter TOKYO share prices yesterday touched another record traded high, but then fell on investor worries over the pace of recent gains and possible higher US interest rates, brokers commented. They said there was concern that the US unemployment figures for November. to be announced today,
        Reuter  -  573 words
      • Article, Illustration
        Lock icon Shares close easier
        530 22 Australia Reuter THE AUSTRALIAN share market posted its fourth consecutive fall yesterday as stocks drifted down throughout the day. A broker said fol-low-through selling was expected after the recent slides but the severity of the fall was a surprise He said interest rate pressure and the high
        Reuter  -  530 words
      • Article, Illustration
        Property shares lead market
        1444 22 Hongkong HONGKONG share prices closed slightly higher yesterday after another active trading day with property shares again leading the market, brokers said. The Hang Seng index gained 8.73 points to 2.668 03 and the broaderbased Hong Kong index was 9 29 higher at 1.765 90 Turnover
        1,444 words
      • Article
        Lock icon Taipei: Shares rebound
        468 22 Reuter AFTER THREE days of heavy losses. Taiwan share prices rallied sharply in late trading yesterday, dealers said. The weighted index closed 24.74 points, or 0.4 per cent, up at 6.838.85 against Wednesday's 6,814.11 close, over 200 points higher than a low of 6,627 92 logged at
        Reuter  -  468 words
      • Article
        Lock icon Manila: Firmer close
        102 22 Reuter SHARE PRICES closed firmer in active trade on Manila's twin bourses yesterday as interest in minings fuelled by higher copper prices spread to other stocks. "Oils perked up because of profits diverted to them by traders in minings,' said Harry Liu, Dao Heng Securities Inc executive
        Reuter  -  102 words
      • Article
        Lock icon Seoul: Prices tumble again
        143 22 Reuter SEOUL share prices tumbled for the second straight session yesterday, but the market started to firm in the afternoon on a government announcement that commercial banks would be allowed to set their own lending rates from Monday, brokers said. The composite index three hours before
        Reuter  -  143 words
      • Article
        Lock icon Bangkok: Index up
        159 22 Reuter THE SECURITIES Exchange of Thailand Index rose 3.64 points to 396.50 yesterday on a turnover of 4,347,773 shares worth 364.32 million baht. DCC 01 BAKT Ao Kham Thai 334 20 Ayudhya Invaatmant Bangkok Agro-lnd 103 1 Bangkok Bank 273 unch Bank Of Ayudhya 342 8 Charoong
        Reuter  -  159 words
      • Article
        Lock icon NZ: More ground lost
        177 22 Reuter PRICES OF most leading companies fell several cents as the New Zealand market reacted unfavourably yesterday to an unexpected easier tone in Australia. Dealers said the market was stable in the morning, but fell later on light turnover in line with Australia. The Barclays index
        Reuter  -  177 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Three rallies in a row
        847 23 New York Reuter WALL STREET share prices rallied for a third day on Wednesday amid a softening of the market's interest rate fears, brokers said. A Fed report that the US economy's growth had slowed helped ease concern that the Fed would soon tighten monetary
        Reuter  -  847 words
      • Article, Illustration
        Lock icon Equities open lower
        978 23 London Reuter LONDON SHARES opened lower yesterday, continuing the drift which started on Wednesday after the FTSE 100 share index found upside resistance at 1.800 points, dealers said. The FTSE 100 opened 7.1 points lower at 1,785.3. On Wednesday, the FTSE 100 Index finished 5.5 up at
        Reuter  -  978 words
      • Article
        Untitled
        1398 23 Selected indices HONGKONG Hongkong Index Thursdoy 1.***** Wednesday 1 -756 6) Week ogo 1.756 87 All Industrials Thursday 2.423 3 Wednesday 2.441 9 Week ogo 2.482 1 NEW YORK Hang Seng Index Thursday 2.668 03 Wednesday 2.659 30 Week ogo 2.666 02 Dow Jones Wednesdoy 2.114 51 Tuesday 2.***** Week
        1,398 words
      • Article
        Lock icon Pirelli plans to float part of its tyre operations
        191 23 FT PIRELLI, the Italian tyres and cables group, plans to float a 20 to 30 per cent holding in its world tyre operations on the London. Amsterdam and New York stock exchanges late next year or early in 1990 The first
        FT  -  191 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      190 19 Financial Newsmakers BUN r 0 HITACHI keeping In Touch With Your Business t With The Compact Portable Cellular Phone Approved by Telecoms Hitachi's AH-50 helps to keep you in touch with your business L outside your office. Thanks to the state of the art technology that Hitachi is well known
      190 words
  • Page 19 Miscellaneous
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      315 22 NOTICES HASSAMAL INTERNATIONAL PRIVATE LIMITED aN MEMBERS' VOLUNTARY WINDING-UP) FINAL MEETING Notice is hereby given pursuant to Section 308 of the Companies Act, Cap 50 that the Final Meeting of the members of the abovenamed company will be held at 67 High Street, #07-06 Satnam House, Singapore 0617, on 29th
      315 words
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      Page 22 Advertisements Column 2
      192 22 TIGER BALM LIMITED (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES The undermentioned share certificates have been reported lost, mislaid or destroyed: Certificate No: Name of Shareholder No. of Shares *****6 Ho Hong Kee 1000 *****8 Choo Thiam Choy 1000 NOTICE IS HEREBY GIVEN that if within fourteen *14)
      192 words
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      Page 22 Advertisements Column 3
      40 22 The Bombay market was closed yesterday CORRIGENDUM The Balance Sheet Notice Ad for Den norske Creditbank PLC which appeared on the 30th Nov '88 should read as Den norske Creditbank and not as printed On target, Chart Point every Saturday
      40 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      5 23 European Roundup on P««« 22
      5 words
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      Page 23 Advertisements Column 2
      653 23 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF CANDISTA INVESTMENTS PTE. LTD. (Incorporated in Singapore) (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of Candlsta Investments Pte. Ltd. duly convened and held at No ISO Cecil Street #05-01 Wing On
      653 words
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      Page 23 Advertisements Column 3
      656 23 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF PERFECTA INVESTMENTS PTE. LTD. (Incorporated in Singapore) (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of Perfecta Investments Pte. Ltd. duly convened and held at No 150 Cecil Street #05-01 Wing On Life
      656 words
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      Page 23 Advertisements Column 4
      490 23 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF DONDANG SAYANG COFFEE HOUSE (Incorporated In Singapore) (Members' voluntary Winding-Up) NOTICE IS HEREBY GIVEN that the creditors of the above Company, which Is being wound up voluntarily, are required on or before 2nd January, 1908 to
      490 words
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      Page 23 Advertisements Column 5
      21 23 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF JADE LOUNGE (SINGAPORE) PTE LTD (Incorporated In
      21 words
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      Page 23 Advertisements Column 6
      301 23 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF QUINTON ENTERPRISES PTE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of QUINTON ENTERPRISES PTE LIMITED, duly convened and held at 1 Cuscaden Road #*****/103. Singapore 1024 on Monday, 28 November,
      301 words
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  • LATE FILE
    • Article
      Lock icon US leading index up in October
      49 24 AFP The US Government's index of leading economic indicators, considered the most accurate overall mirror of the economy, rose 0.1 per cent in October, the Commerce Department said in Washington yesterday. In September, it fell 0.3 per cent, according to revised figures. AFP
      AFP  -  49 words
    • Article
      Lock icon Musa officially declines post
      29 24 Bernama DATUK Musa Hitam has officially turned down Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad's invitation to join the Cabinet as minister without portfolio.
      Bernama  -  29 words
    • Article
      Lock icon Emergency fund to be set up
      58 24 AFP TEN FOREIGN and local futures brokerages in Hongkong said yesterday that they planned to jointly establish an emergency fund to guarantee futures contracts on the colony's futures exchange. The offer of depositing HKJ6O million as a reserve fund was made to Hongkong Futures
      AFP  -  58 words
    • Article
      Lock icon Cabinet reshuffle in Brunei
      72 24 AFP THE SULTAN of Brunei announced a minor reshuffle of his Cabinet and set up a new ministry to oversee agriculture, forestry, fisheries and industry, officials in Bandar Seri Begawan said yesteday. He appointed Education Minister Abdul Rahman Mohamed Taib to the new Ministry of Industry
      AFP  -  72 words
    • Article
      Lock icon New investment law for Burma
      57 24 AFP BURMA yesterday announced a foreign investment law in a move aimed at bringing the country out of its isolation by attracting business from abroad. "We have drawn up the law on the basis of equality and mutual benefit, with ample guarantees to attract foreign
      AFP  -  57 words
  • Article, Illustration
    Made-in-Singapore PC is voted the world's best
    444 24  -  By JEFFREY TSANG A SINGAPORE-MADE personal computer has won the PC industry equivalent of the Oscar, marking a milestone in the industry s history as being the first company to wrest the award from giants IBM and Compaq. And building on the recognition
    444 words
  • Article
    Lock icon Beijing spells out Cambodia disengagement plan
    320 24 AFP MOSCOW and Hanoi will end military support of the Phnom Penh government once the last Vietnamese soldiers have left Cambodia, with Beijing following suit with its Khmer Rouge proteges. the Chinese government indicated yesterday. Also yesterday, a Vietnamese Foreign Ministry spokeswoman said that
    AFP  -  320 words
  • Article
    Comex gold
    84 24 COMEX GOLD futures drifted higher on small lot buying stemming from the dollar s early softness but activity was subdued prior to today's US unemployment report for November. Spot December gold was up US$O.2O at U*****.00 an ounce and the February 1989 delivery gained US$0.40 at US$430.00. Tom
    84 words
  • Article
    Lock icon Miyazawa may step down
    247 24 AP. Reuter JAPANESE FINANCE Minister Knchi Miyazawa indicated for the first time yesterday that he was prepared to relinquish his Cabinet post to take responsibility for controversial links to a major stock trading scandal under investigation by the Diet "I have no intention whatsoever of clinging
    AP.; Reuter  -  247 words
  • Article
    Lock icon Moscow votes for radical reform
    185 24 UPI THE SUPREME Soviet Parliament voted by "an absolute majority yesterday to adopt two draft laws on elections and constitutional changes, in effect voting themselves out of existence, the Tass news agency said. "The Supreme Soviet of the USSR adopted two important laws, one on
    UPI  -  185 words
  • Article
    Lock icon Vietnam's Asean dream academic, says Alatas
    144 24 AFP VIETNAM'S wish to join the non-communist Asean is purely academic for the time being. Indonesian Foreign Minister Ali Alatas said in Jakarta yesterday. "As far as our notes show. Vietnam has never officially communicated this to Indonesia but of course, this would be
    AFP  -  144 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      203 24 l m.m.l j. Jtv// mm vii nit INTELLHMI WOMIIS&IIHHiT JANUARY 11-13, 1989 KEYNOTE SPEAKER: Professor Herbert Simon Nobel Laureate in Economics, Carnegie Mellon University TUTORIALS Jan 9 Applications of Neutral Nets Professor Yoh-Han Pao, Case Western University Introduction to AI Professor Teh Hoon Heng. Institute of Systems Science, National University
      203 words
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      Page 24 Advertisements Column 2
      187 24 leaving Singapore for 3 weeks? know your family is safe and happy... You owe it to yourself to check out Ardmore Park... the security is excellent, school buses call at the gate, and there is aerobics, squash, tennis, swimming, chip and putt and special interest classes for all. Above all,
      187 words
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  • SHIPPING TIMES
    • Article
      Merged Korean line set to take on rivals in European trade
      499 25  -  By LINDA CHEE THE MERGER of Hanjin Container Lines and Korea Shipping Corporation into the largest shipping tine in South Korea Hanjin Shipping Co (HJS) is now complete, paving the way (or a major offensive with Cho Yang in
      499 words
    • Article
      Floods delay opening of Phuket and Songkhla ports
      235 25  -  By RICHARD NG, DEVASTATING FLOODS in southern Thailand have delayed the scheduled opening of the ports in Phuket and Songkhla next week. Songkhla harbour officials yesterday said operations might be delayed for at least another three months. The ports were actually scheduled
      235 words
    • PORTSIDES
      • Article
        Lock icon Wreck of oil rig to be destroyed
        91 25 AFP THE WRECK of the North Sea oil rig, Piper Alpha, devastated by a gas blast in July which killed 167 crewmen, is to be blown to pieces, the British government announced on Wednesday. Worried that parts of the stricken rig ripped loose
        AFP  -  91 words
      • Article
        Lock icon Sydney congestion surcharge likely
        100 25 Reuter SHIPPING LINES may be forced to introduce a congestion surcharge in the port of Sydney due to a major cargo backlog on the docks. Australian Chamber of Shipping president Peter Dexter said on Wednesday. Vessels are being delayed in Port Jackson (Sydney Harbour) and Botany
        Reuter  -  100 words
      • Article
        Lock icon Abandoned Liberian ship sinks
        89 25 Reuter THE ABANDONED Liberian ship Katia sank last Saturday as bad weather continued in the north Atlantic. Lloyd s Shipping Intelligence Service reported. The crew were taken off the 7,500-dwt ship by helicopter on Nov 24 after putting out a call for help saying it was
        Reuter  -  89 words
      • Article
        Lock icon Panamanian reefer catches fire
        44 25 Reuter THE PANAMANIAN refrigerated cargo ship. Reefer Badger, caught fire during loading at Geelong. southern Australia, on Nov 29 or Nov 30. Lloyd's Shipping Intelligence Service reported. A survey on the damage to the 5,018-dwt ship has been requested Reuter
        Reuter  -  44 words
      • Article
        Lock icon FEFC raises UK/Eire CAF
        52 25 Reuter THE FAR EASTERN FREIGHT CONFERENCE said it is changing its currency adjustment factor from the UK and Eire to 28 per cent from 24 per cent, effective today The final CAF is 41.24 per cent after the addition of a 13.24 per cent European Area
        Reuter  -  52 words
    • Article
      Lock icon World ship orders up in third quarter
      251 26 Reuter THE VOLUME of world new shipbuilding orders rose by 842,998 tonnes in terms of gross tonnage from the previous year to 24 81 million tonnes According to statistics released by Lloyd s Register of Shipping on Wednesday, orders for new ships placed
      Reuter  -  251 words
    • Article
      Lock icon Navy still looking for crew of S'pore ship
      227 26 Agencies A SEARCH by the Indian Navy is continuing for the crew of Singa-pore-registered container vessel Pumon which capsized after being hit by a typhoon in the Bay of Bengal on Nov 29. Officials in Dhaka said earlier unconfirmed reports that the
      Agencies  -  227 words
    • Article
      INDEX TO ADVERTISERS
      1015 26 A8 S*pg V 5 ABSS S*pg XI 1 ABC Cc'o"*' IX 1 Accord S»H>g VI 3 liner X 4 Aitfrom VN 3 AC T Oep*er XI 5 A me' con T pt X 4 5 Arro Se'»«ce IV 23 Arrow l*nes IX 5 AJO« OcM« XI 4
      1,015 words
    • Article
      Lock icon Holland America to make US$400m profit from sale
      490 26 Reuter DUTCH cruise ship operator Holland America Line Trust (HAL) said it will make a US$4OO million book profit by selling virtually its entire business It said it will continue as an investment firm for the time being HAL said it will
      Reuter  -  490 words
    • Article
      Lock icon Jardine Matheson sets up office in Vancouver
      475 27 Reuter JARDINE MATHESON Holdings Ltd, Hongkong s oldest trading house with operations in 22 countries, has set up a Vancouver transport service headquarters to cash in on the growing trade between China and Canada Dennis Hon. managing director of the newlyformed Jardine Matheson
      Reuter  -  475 words
    • Article
      SHIPPING EVENTS
      300 27 Dec 6 The evolution of lubricants for marine propulsion systems. Institute of Marine Engineers meeting. 1730 hours. The Memorial Building. 76 Mark Lane. London EC3 Dec 6-7 Intermodal Europe 88, Ist intermodal conference and exhibition, Kensington Exhibition Centre. London Dec 7 Navigation in marginal conditions by land, sea
      300 words
    • Article
      Lock icon EC urged to help European shipowners
      185 27 Reuter EUROPEAN COMMUNITY (EC) shipowners, affected by high costs, have called for action by the 12-na-tion group to help them compete on world markets "The decline of the EC merchant fleets can only be stopped and the necessary improvement of profitability can only be
      Reuter  -  185 words
    • Article
      BUNKER MARKET REPORT
      555 27 Density Water Carbon Ash Aluminium Sediment Residue KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Cimac limits Spec E25 991 1.0 150 0 10 30* 0.15* Spec G35 991 1.0 18.0 0 15 30* 0.15* Northern Europe 180 Ave 980 0 1 124 0.04 7 004 180
      555 words
    • Article
      LONDON FREIGHTS
      1401 32 FREIGHT rates for grain bulk carriers from the US Gulf to the Continent appear easier on Wednesday, with the Thalassini Tyhi arranged for about 84,000 long tons to Rotterdam at lump sum of U551.065.000. shipbrok- ers said This equalled about $13. basis light grain, compared with similar fixing
      1,401 words
    • Article
      SHIPPING LIST where your ships are due...and when
      9311 32 AARHUS Hongkong Eipress Triot Dec l(PK) Luna Maersk Maersk Line Dec 1 Ming Glory Vang Ming Dec 3 Ever Given Evergreen Dec 4 Ville de Neptune CM 0 AtrePement Dec 4 City ot Edinburgh Triot Dec S(PK). Luo He China Ocean Dec
      9,311 words
    • Article
      SHIPS IN PORT
      1484 32 AT CONVENTIONAL WHARVES Vessel Berth Arrival Departure KEPPEL WHARVES Adfco Er.<jKo* K2I O'Ongs.de *****600 A»t Co«t.o®* us okxigwM 02 12 aoc Content KI* aiong.sde 07 12 1800 Coroi Pcets K36 *****1.de OB 12 1700 Equo'O' Ul *23 alongside 02 12 1800 K2I a^ongs^e 0612 1800 KiS a'or^wk
      1,484 words
    • Article
      Computerised distribution centre opens in Thailand
      108 36  -  -By Richard Ng A NEW distribution centre with a container yard and warehouse opened yesterday, 10 km from Bangkok s Klong Toey harbour along the city's Bang Na Trad-Highway, and 30 km trom Don Muang Airport The new and computerised off-dock complex is expected
      108 words
    • Article, Illustration
      HK firm to start feeder run to Vietnam
      161 36 HONGKONG COMPANY Gemartrans (Asia) will start its new dedicated feeder service from Singapore to Ho Chi Minh City on Jan 5 next year. The 10-day service will be operated by the 160-TEU Svendborg Guardian, with a transit time of three days between
      161 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      710 25 TV TIMES STP Distributors OOCL jAROINE tMPfHM AGENCIES 200 Cantonment Road #'2-05 Souttipoim S-ngapofi 0208 T«< *****11 T«Ki RS ***** FacBNNM *****09 i TERMINAL/CFS TO *****18 *****19 *****20 FOR CUSTOMER SERVICE INQUIRIES AND BOOKINGS TO *****305 ft IMA JAROtNE SHIPPING AGENCIES MM BHD PORT KELANG T«l *****18 Tatn MA *****
      710 words
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      Page 25 Advertisements Column 2
      103 25 [KMDB THE VOLUME of world new ship-building orders rose by 842,998 tonnes in terms of gross tonnage from the previous year to 24.81 million tonnes. Page II JARDINE MATHESON Holdings Ltd, Hongkong's oldest trading house with operations in 22 countries, has set up a Vancouver transport service headquarters to cash
      103 words
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      Page 25 Advertisements Column 3
      430 25 ,@,_:._>`,+;"%"+)%-!{^>=:~/<>~/ MAERSK LINE CONGRATULATIONS P.S.A. 3,000,000 th CONTAINER To Mediterranean Sea To California- US Gulf- US Atlantic Fas! Canada AH Water Servict iai ".TTll'.'J 7/1 14/1 21/1 I 23/1 28.1 30/1 4/2 I 6/2 To PNW West Canada US Inland Points Atlantic Via M»n«bndqe S NVC TOP "Mrs week Albert
      430 words
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      520 26 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT CITY OF EDINBURGH KAMAKURA LARGS BAY MEONIA TOKYO BAY LONDON EXPRESS CARDIGAN BAY P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT SOUTHAMPTON BREMER- R DAM' ANTWERP LE HAVRE VOY NO HAMBURG MEONIA TOKYO BAY CARDIGAN BAY BENALD6R CALLING
      520 words
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      Page 26 Advertisements Column 2
      17 26 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association
      17 words
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      Page 26 Advertisements Column 3
      574 26 NOTICE y.\ j s C SAV Compama Sud Arvcricjnj do Vapores S A CP'lojri L<nc SERVICE to/from CHILE FEU** S ra*£ MOTHER VESSEL VESSEL CSAV 1 12/12 CAR CARRIER 1 CSAV 2 m 2 ATACAMA CSAV 3 1/1 A VESSEL HK YOKO ARtCA tQQ ANTOfVALP SAI a/12 m w 30(12
      574 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1256 27 The Straits Steamship Group \»\v! P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak. Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT: CONTAINERSHIP SERVICES TO/FROM BANGKOK PtCASUS PROGRESS V549N 02 03 Dec 0» 0/ Dec PtCASUS PIONEER VION «07 Dec 10-11 Dec BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL; *****80 SINGAPORE TO
      1,256 words
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      Page 27 Advertisements Column 2
      328 27 EUROPE <§L SENATOR LIMIE General Agent: |r-<4i fin a .innim USA/ TO USA/CANADA WEEKLY FULL CONTAINER SERVICE LINEHAUI IBM P GRANT m 30/12 P TRUMAN V 7 1 24/1 25/1 24/1 \wm\ ■rtTtrtTi"^"rtTieMr f*rr.i ilikw wn mm*•!' r mwui* P GARFIELD Vl» P POLK V 5 at P ARTHUR Vl9
      328 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      618 28 HXSINOSE MARITIME PTE LTD 1 ESI ISLAMIC REPUBLIC Of IRAN SHIPPING LINKS Singapore Loading lor IRAN MAHALLATI PJLfitt SID BANOAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE ■OTHER VSI HK LOAD FOR KYOWA HIBISCUS V 34 29/12 VILA. NMA LTK SUVA PAGO APIA KYOWA VIOLET V 23 28/1 VILA. NMA LTK.
      618 words
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      Page 28 Advertisements Column 2
      850 28 MCSline (t*t* 1*1" it Co»fo»Ar t» FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ "TI Member of the Ace Consortium FDR MOTHER VESSEL KCH 39E HANJIN KUNSAN 37E KCM M ELBE 5E ACD 17E HANJIN KWANGYANG WE ACD 17E/KOREAN WONIS JIN HE OCH 62E HANJIN BUSAN KE OCH 62E KOREAN WONIS
      850 words
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      Page 28 Advertisements Column 3
      61 28 SOUTHE ASTASIA PTE. LTD. INTERNATIONAL FREIGHT FORWARDERS GUARANTEE WEEKLY CONSOL r INDIA STEAMSHIP FORTNIGHTLY EXPRESS CONTAINER SERVICE TO INDIA SRI LANKA Subiect to inducMient Age rs SHARIKAT TRANS-ORIENT SON. BHD. SINGAPORE *****10, *****56 PORT KELANG: *****94/5 Rotxnson Road. #02-18/20 Afro-Asia Building. Singapore 0106 Telex: RS ***** EACORP TEL: *****88 (5
      61 words
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      Page 28 Advertisements Column 4
      1170 28 niTir.s, rnuay, utrccrawri a, iaoo OEVERGREEN Full Container Service EVE* GARDEN EVER GROWTH EVER GRANO EVER GIFT EVER GOLDEN EVER GLOBI EVER GENIUS Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ■< f I n i KLC PUS OS* TYO riK InPt o*l2 071X1 mi 11/12 I*l2 M 07/12 11/12 12/12 14/12 17/12 21/U
      1,170 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      659 29 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE SIN 3/12 7/12 7/12 14/12 17/12 SIN SBY SMG SIN 3/12 8/12 12/12 4/12 7/12 8/12 11/12 11/12 14/12 18/12 18/12 18/12 22/12 24/12 27/12 17/12 21/12
      659 words
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      Page 29 Advertisements Column 2
      248 29 CHINA OCEAN SHIPPING COMPANY UKC CONVENTIONAL ggWtt KK PCO P Kl( Penang Loading tor TONC CHUAN In Pt Antwerp JIANG CHUAN 25/12 Rotterdam Antwerp MALA TWA/CHINA FULL CONTAPfMI «K»VICB Penang Pklg Score Bkk Hkg S hai Qingdao CHENC 93 4/12 5/12 5/12 10/12 14/12 Accepting FCL Cargo for all other
      248 words
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      Page 29 Advertisements Column 3
      487 29 va BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Hongkong liprau City of Edintou'i* Kjnutura Ljrji ■<« ■•on 14 Tot»o by London Ciprm CjUjin &ir •oniMor Knrioon h, IS POM P KLANC STO* NAM S«>lod IV vu iru tni n;u ud lljU 2i(U atu xa; au »u »u au ViV
      487 words
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      Page 29 Advertisements Column 4
      363 29 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE 9 I J BONTANG/16WB SRIWIJAYA/25W8 KUTAI/16WB ANTWERP H BURG/ RDAM/ADAM BREMEN 23/1 26/1 5/2 10/2 23/2 26/2 Su6|«ct to Inducement. Also accepting cargo to Caaablanca.
      363 words
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      Page 29 Advertisements Column 5
      394 29 BOUSTEAD SHIPPING AGENCIES HTONETWA V24OW PA AN VI3IW PAGAN V 134 BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore P Kelang Penang Bangkok 12/14 Dec 30 No¥"6 Dec I*l7 Dec S2» BANK LINE SEMI-CONTAINER SFRvirF HEAVY LIFT CAPAETTW NORTHBOUND TO UKC TAMAITAI SAMOA VI4N FORTHBANK
      394 words
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      Page 30 Advertisements Column 1
      631 30 Q K LINK KAWASAKI KISEN KAISHA, LTD. ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE N. AMERICA-ATLANTIC COAST ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE N. AMERICA PACIFIC SOUTH-WEST N. AMERICA PACIFIC NORTH-WEST MOTHER VESSEL GOLDEN GATE BRIDGE HARBOUR BRIDGE VERRAZANO BRIDGE TOWER BRIDGE EUROPE (Member of ACE) •VIA
      631 words
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      Page 30 Advertisements Column 2
      359 30 Accepting LCL and containerised cargoes Direct to South Africa S pore Durban P Eliz Accepting Containers Only VAAL 6739F 13/12 24/12 27/12 VENTO 1004F 20/12 J/1 1/1 NEDLLOYD COLOMBO 6838F 28.12 g/1 10/1 OSAKA MARU 6943 F 9,1 20/1 22/1 WW CPJ fj I* im i JARDINE SHIPPING AGENCIES (REG.
      359 words
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      Page 30 Advertisements Column 3
      770 30 //u AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* P kelang Pfnirvj B» Feeder Bi F«ede» TULStDAS 38 HAL I OAS TULSIDAS V 34 KAI'OAS Ml TUIS OAS »«C Frerr Melb Sfd" Am Frerr Nklt. Sfflr Adel f r«m «Wt) Sydn Acei Frerr Melß Sydr Adel Frerr MelO Swjn Adel INDIA
      770 words
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      Page 30 Advertisements Column 4
      605 30 GGGOLDEN LINE^ GUAN GUAN SHIPPING (PTE) LTD 23. Trio* Aytf Street SINGAPORE 01M TEL 5343W (10 LINES) Fit SM3SM STRAITS/PERSIAN GULF SERVICE QOIOEN HAVEN Colombo'Ktractu Du&k'Otmrw GOLOCN BEAR Colombo. MracAi Dutui CHINA SERVICE A VESSEL Huanfpu SMnfhji S pore P Kelang P«r»n« HIDk 20/72 D*c HDk CHINA OCEAN SHIPPING CO.,
      605 words
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      Page 30 Advertisements Column 5
      485 30 r iiivj i ruuajt 9 x juu V p s 3 6/12. 1402 17,12 24/12 4/12. 9/12 15/12 Jil PHIU OnifNT UN€5 PT€ LTD HEAD OFFICE 63 ROIINSON ROAD '07 12 AFRO ASIA BUILDING. SINGAPORE 0106 TELE* RS 2J720 PHILI FA* *****76 EAST/FAR EAST Fa A LCI SERVICE ETA SINGAPORE
      485 words
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      Page 31 Advertisements Column 1
      921 31 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTD El EUAUST TPA SEA General Enquiries: Tel: *****77 Terminal CFS BOOKINGS IWU *****42 *****22 *****43 2mill 27*114 NEPLINE SON BHD 3689M7 inward outward NEPLINE SON BHD *****33 ENQUIRIES *****44 NEPLINE SDN BHD U003V627«0,627«l *****2 NEPLINE SDN BHD *****0 *****1 FAR EAST/EUROPE FULLY
      921 words
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      Page 31 Advertisements Column 2
      393 31 HEUNG-A SHIPPING Korean Flag Vessels *9 OOKAM SEMI-CONTAINERISED DIRECT SERVICE TO KELANG. PENANG. KEELUNG. BUSAN, INCHON STRAITS/KOREA SERVICE Vessel s Nam* ETD BS S PORE PKLC KEE BUSAN MOJI NO 9 DONAMfOM 20/11 In Port 12 13-13,12 lb 11/12 1112 TGLORIABI3N 23/11 04-05 12 06 0612 (SKIP) 20 22,12 2112
      393 words
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      Page 31 Advertisements Column 3
      826 31 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 ***** PENANC MESSRS HAI TMONC SHIPPING 127 Penang Street. Penjng. Malaysia Cables JAYAPOH PtNANG. Tel 6229*4 *****8 Telei
      826 words
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      Page 32 Advertisements Column 1
      246 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 (34 Lines) FAX *****39 *****76 TELEX RS ***** A B SSCVA. RS ***** A B SSCAO DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE —VIA IARNACA ACCEPTING CARGO FOR UMASSOL, BEIRUT
      246 words
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      Page 32 Advertisements Column 2
      83 32 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN OS2!QiIH2IBi9iEBICaiC!IC9DSIdCZ3Q3i Bfß3BilffilS3Q3Q3H S9EIH Imml "¥»eefcly LCL services to Kaohsiung. Keelung To*yo and Kobe FROM JAPAN TAIWAN D9E3O3QiHQ9EM3EEIQS[i3CifIT GBBIE&IBS3^3E3Q3G9Q3B [CONTINENT Vl7 1 23/13 TSKLINE AGENCIES (S) PTE LTD TEL: *****68 W MALAYSIA AGENT TRANS-ASIA SHIPPING CORP TEL K L
      83 words
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      Page 33 Advertisements Column 1
      596 33 c REGULAR EXPRESS FCL& LCL SERVICE ABC CONTAINERLINE N.V. WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: TNT EXPRESS 214 ETA 13/12/88 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 15 Days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vsl TNT Enpress C. Hudig Bfussel Anhnerpen AGENTS
      596 words
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      Page 33 Advertisements Column 2
      247 33 CSP SHIPPING AGENCIES PTE. LTD. TEL: *****66 (16 Lines) Tlx: ***** CSPFRT Fax: *****61 Hamburg West Germany Tiger Line BEN LINE AGENCIES (S) PTE. LTD. Telephone: 225 3522 Telex: RS ***** JUNO ™S? TIMBER/BREAKBULK SERVICE HKG SABAH JAPAN GM3 V-20 Sid 7/12 TEL: *****55 (3 LINES) TLX: RS ***** FAX
      247 words
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      Page 33 Advertisements Column 3
      630 33 < cfs > CRYSTAL FREIGHT SERVICES AL ff V WEEKLY CONSOL SERVICES U.S.A. LOS ANGELES 8/12/88 AUSTRALIA MELBOURNE/SYDNEY 13/12/88 FAR EAST BUSAN 8/12 BANGKOK 6/12 WA HONG KONG 7/12 KEE/KAOH 5/12 CALL BOOKING HOTLINE FOR BEST RATES 2233 9 2 2 TEL *****88 TELEX ***** CFSIN FAX: *****88 PLUSCOL INTEMTIOm
      630 words
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      Page 33 Advertisements Column 4
      134 33 Tatsumi Marine DIRECT SAILING TO PAPUA NEW GUINEA IACCEPTING BREAKBULK) Direct call to other ports subfect to inducement (also accepting transhipment cargo OROBA Y MA DANG KIETA WEWAK KIMBE RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Tel: *****77, *****34, *****71 •IF. Ofnct TM MARINE SERVICES PTL LTD. (S TORE)
      134 words
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      Page 33 Advertisements Column 5
      343 33 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 9 LINES) FAX: *****90 1] IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT WEST BOUND SERVICE ETA S PORE LOADING FOR MV ALKINDI 10/12 Aqaba. Baghdad EAST BOUND SERVICE ETA S PORE LOAOING FOR MV SINDBAD 20/12 Japan THROUGH B/Li to
      343 words
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      Page 34 Advertisements Column 1
      480 34 FINE-LINER SHIPPING PTE LTD /O Shenton Way. 04 02C Marina House S pore 0707 TEL *****77 (8 Lines) TLX RS ***** FLINER FAX *****56 EUROPE SERVICE (FCL LCL) l«H I I w iu/i |ua us/1 I** l2 1 w |ua Im uii a,i FAR EAST SERVICE (FCL LCL) Il== EE^EIIE2EC
      480 words
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      Page 34 Advertisements Column 2
      689 34 ZIM iiVal!.'!d I.'H i'iL^jy^l^v.i.ij Cirribbejn t»sl Cintdt HAITI Costi Rica El Sj .idof GutemaU Hoodur« yenuuel, Peru icurto, Colombia Mum. TnnSd. £22?J52TS' Lucii Montserrat Guayanj via Kingston ZiM OSAKA 1312 M» PIRAEUS 22,12 ZIM BR SBANt 61 7iM ME.BOUW 221 AUSTRALIA CONTAINER SERVICE ACCEPTING CARGO TO AD£LA»OC VIA MELBOURNE ANO
      689 words
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      Page 34 Advertisements Column 3
      445 34 iMUi LOADING FOR CALLAO, MATARANI. ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P Keiang* Singapore ROSEEVERETT ISA* D« MANOLOEVERETT 22/23 OK JOHN EVE RETT 25/27 Ok "EVERETT ORIENT LINE' JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA. KOBE.
      445 words
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      Page 35 Advertisements Column 1
      506 35 INTERCONTINENTAL LINES SEASftiOSE EUROPE SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM. RTM. L. HAVRE. ANT. GENOA ARAHUS. STOCKHOLM. HEL. CPH. GOTBG. MARSEILLES. OSLO t ALL INLAND DESTINATIONS POINTS. SEABRWSE FAR EAST. VIETNAM CHINA SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG BKK, JKT, HKG,
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      Page 35 Advertisements Column 2
      253 35 Consolidation Service PAPUA NEW GUINEA SIN: 14/12 PT MORESBY/LAE PACIFIC ISLANDS SIN: 23/12 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLANDS SIN: 6/12, 28/12 PORT LOUIS/REUNION 0 TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ BANGUI/KINSHASA TTA Freight Pte Ltd Tel: *****55 TLX RS ***** BOON PIN CONSOLIDATOR
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      Page 35 Advertisements Column 3
      624 35 TEL; *****11 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE JENHOL V 93N 4/12 JENWEL V 93N 7/12 DESTINATION BANGKOK PORT KELANG HONG KONG. CHINA PORTS KEELUNG, KAOHSIUNG MANILA BUSAN KOBE. TOKYO SYDNEY, MELBOURNE. ADELAIDE. BRISBANE DUBAI CHITTAGONG LOS ANGELES JAKARTA JAKARTA ETA S PORE 3/12. 6/12 3/12. 10/12 10/12.
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      Page 35 Advertisements Column 4
      646 35 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG *AT ATTRACTIVE RATES* SP PKI PN BIW KAOH CLOUT SCLATAN VI Voy 87 5 D«c 7 Oet 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN
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      Page 35 Advertisements Column 5
      331 35 PIC GftOuP TC CONTAINER LINES FCI LCI SERVICE CU-J CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL 29/12 HAIRATAN/KABUL/TOURGHUNDI General Agents POH T ONG CHOON SHIPPING (PTE) LTD TEL: *****66 PAX *****41 TLX P*****6 Port K*l ang Agant SHAPA )U TRANS SYSTEM SDN BHD TEL: 36 )5240 Fax *****77 TLX
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      439 36 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX HS 221)61 RS ***** \fc I \SI IK\C \k I I\llK. I I I). STRAITS/ JAPAN/ STRAITS SKRVICE SPECIALIST IN RO-R0 HEAVY LIFT! VOY. NO S'pore P Kelang Kuantan TRONO ASIAN SEKI ASIAN CLIPPER MATSUYAM.4 STAR 57 111 73
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      Page 36 Advertisements Column 2
      433 36 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEJH-COWTAI€F SERVICE TO (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE TAYBANK VSS 2/12 Port Moresby, Lie. Rabaul. Kimbe COLUMBUS NIUGINI V2S IS/12 Port Moresby. Lae, Rabaul Accepting LCL cargo for main ports discharge and also to Wewak. Kavieng, Alotau. Kieta. Honiara via Transhipment
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      Page 36 Advertisements Column 3
      137 36 w P.T. MASKAPAI PELAYARAN PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 £F Specargo Forwarding (S) Pfe Ltd Freight
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      Page 36 Advertisements Column 4
      757 36 /M CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE > K. LUMPUR *****53/*****11 04 *****2/4. *****3 07-*****8 07-*****3, *****5. *****0, *****1 02 *****22 *****68 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE SINGAPORE n u HONGKONG MU FROM EUROPE vsi SELANDIA 451 TOYAMA «1 I PERMAI 471 JUTLANDW 411 LOADING
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