The Business Times, 5 December 1988

Total Pages: 32
1 32 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 MONDAY, DECEMBER 5, 1988 75 CENTS
    11 words
  • 537 1  -  Retailing and design centres among proposals By JOHN TAN THE TEXTILE and garment industry, whose domestic exports raked in about $1.5 billion last year, will receive showcase treatment in the next three years under plans now being considered by key government bodies
    537 words
  • 578 1  -  By SHOEB KAGDA WORKERS in the private sector can expect bigger bonuses but indications are that the payments wiil not match the government's rate of two-and-a-half months announced last month. Employers contacted by BT say that they are likely to hand out
    578 words
  • 144 1 AFP THE People's Bank of China, or central bank, is being forced to issue more money as people remain unwilling to make deposits because of low interest rates, the official Chins Daily said yesterday. The English-language daily said the state was short
    AFP  -  144 words
  • 568 1  -  By ANNA TEO SINGAPORE seeks to keep peace not by deterrence alone but through fostering close ties and common interests with its neighbours. First Deputy Prime Minister and Defence Minister Goh Chok Tong said last night Mr Goh spoke about the need
    568 words
  • 199 1 AFP PAKISTAN Prime Minister Benazir Bhutto formed a new 23member Cabinet yesterday but kept the important defence and finance portfolios under her personal control Sahabzada Yaqub Khan was retained as foreign minister in the new government that was sworn in by President Gulam Ishaq Khan at
    AFP  -  199 words
  • 111 1 AFP HONGKONG BANKS said last Saturday that they were lifting their prime lending rate and interest rates on savings and time deposits by a half-point in response to rises in local and overseas money markets. The colony's two noteissuing banks. Standard Chartered and the HongKong
    AFP  -  111 words
  • 430 1 Business MONEY how to earn lots of it, how to invest it, how to borrow it. and how to spend it. The December issue of Singapore Business covers it all. For those who aspire to be billionaires. Singapore's only monthly business magazine
    430 words
  • 137 1 Reuter THE CHAIRMAN of the mam opposition group fighting for democracy in Burma resigned over the weekend after a row over possible communist influence. The National League for Democracy said that General Aung Gyi resigned as chairman on Saturday. He left after members of the League
    Reuter  -  137 words
  • Page 1 Advertisements
    • 337 1 Need a housing loan'.' CALL 'AYFOONG 737-7977 llfj \Va> igauc \ix! hnance (St Lid Xuhollv |tUIK>I MlKkll itv i'l Hon|Skt>ni:B.ink MUvmofc Hill (MI3-0I I lavmoir Plj/j Singapore in" MANAGEMENT ACQUISITIONS and mergers are complex undertakings They influence public perception of the business and they involve the people working in the
      337 words
    • 208 1 Taiwan-China ties 4 Liberalisation a mixed blessing Gatt talks 5 China sends observer team EC summit 5 A partner, not a fortress Malaysian dollar 7 Bank Buruh sees weak ringgit US employment Rise pushes up interest rates Family planning 10 Avabai B Wadia a pioneer Chess Olympiad 12 Soviets reaffirm
      208 words
    • 187 1 I *rJ I JALS m GIVES YOU 1400 EXTRA SEATS NON-STOP TO TOKYO with 4 extra B-747fights A hiaaL d nccn Now, Japan Air Lines gives you more ways and reasons to fly JAL to Tokyo To meet demand for direct flights to Tokyo, we ve added 4 extra B
      187 words

  • MANAGEMENT
    • 955 2  -  Spotlight on Management By PETER LEONG ACQUISITIONS and mergers are complex undertakings. They influence public perception of the business. They involve the people working in the company. Successful acquisitions or mergers are often carefully planned and considered before they are acted upon. The process starts
      955 words
    • 656 2  -  By CHRISTOPHER LORENZ FT SOME SO-CALLED EXPERTS on Japanese-style management claim that it will never work outside Japan because it depends on that country's famously homogeneous culture. Others call this nonsense, and point to the astounding productivity improvements which have been
      FT  -  656 words
    • 493 2  -  By PHILIP RAWSTORNE FT THERE ARE "right-brain" companies and there are "left-brain" companies, suggests a British professor. Peter Doyle, a professor of marketing and strategic management at Warwick University, uses these concepts to explain why some British companies (ail to penetrate overseas markets in spite of
      FT  -  493 words
    • 1055 3  -  By TSANG SAU YIN YOU WILL FIND the word "well" in any dictionary, but not "wellness". Well, like it or not, "wellness" is slowly entering the corporate lexicon in Singapore. The word has been invented because it goes beyond just being bodily fit or in
      Punch  -  1,055 words
    • 692 3 NYT AMERICAN EMPLOYERS, bracing for increases of 20 per cent or more in medical costs next year, have been moving to pass on part of the burden to employees and retirees. The changes, which are coming in a variety of forms, will mean hundreds
      NYT  -  692 words
    • 387 3 WHEN Working Woman magazine conducted a survey on sexual harassment in the office, it found that one third of the complaints came from men. "Sexual harassment can no longer be viewed as the stereotype of the horny boss
      387 words
  • Page 2 Advertisements
    • 114 2 American Optical Masterpiece- Titanium frames H \> t w ■Kd--- -»t t < -';p; .^l-v*-^ Wbk £sj& .1 Mas'erp ece Model 519 Lightweight Comfort, Winning Looks. That's AO's Masterpiece" Collection For light, long lasting frames that give you winning style, take a good look at the Masterpiece Titanium Collection from
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    • 49 2 "five" at the^ingi' t- i 4 \\f So fresh, they're alive that's what our exciting Live Fish and Lobster Promotion promises you. This unique Japanese delicacy is prepared by our Master Chef from Japan in either or Teppanyaki style. J CZm&ter tuU 382 Havelock Road Stngpore 0316 Tel *****22
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  • Page 3 Advertisements
    • 274 3 MONTRE DES WONTRES LA WONTRE DE The sin US*#**** ;,v ~hm of p HW r] s more a new concept than simply a new watch. Yet it bears the proud name of the ancient god of strength in iXorse nniholog} Thorr. Thorr has been pro duced by \lD\t Geneve to
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  • ASIA-PACIFIC
    • 430 4 AFP LIBERALISATION adopted by Taiwan towards the Chinese mainland will help ease 40 years of tension between the two rival governments but could also bring home stark differences, analysts in Taipei say. Expanding civilian contacts across the Taiwan Strait is likely to promote understanding,
      AFP  -  430 words
    • 107 4 AFP REPRESENTATIVES of chambers of commerce from some 70 developing countries will meet in New Delhi from Dec 19 to 21 to discuss ways of enhancing South-South cooperation. The Federation of Indian Chambers of Commerce and Industry said in a statement that
      AFP  -  107 words
    • 225 4 AP UZBEKISTAN of the Soviet Union is keen on establishing bilateral agreements with Malaysia on economics and trade, especially in the machine-manufacturing industry, the chairman of the council of ministers says. Uzbekistan will explore opportunities for the establishment of joint-venture projects with Malaysia
      AP  -  225 words
    • 131 4 Bernama FORMER Malaysian Chinese Association deputy president Oatuk Mak Hon Kam says he will make a statement soon on his political position which may shock some of his supporters. He declined to elaborate when contacted by reporters at a Chinese cultural function in Ipoh
      Bernama  -  131 words
    • 230 4 Bernama MALAYSIA has formally requested a meeting with the Indonesian government to discuss having more flights between Kuala Lumpur and Jakarta for the national carriers of the two countries. Malaysia Airlines (MAS) and Garuda Malaysian ambassador to Indonesia Datuk H Mohammad Khatib says
      Bernama  -  230 words
    • 124 4 Reuter PHILIPPINES Labour Minister Franklin Orilon is in Saudi Arabia to resolve a dispute over the huge Filipino workforce in the kingdom. diplomatic sources said in Riyadh. Mr Orilon, who arrived last Friday, met the Saudi labour minister to discuss a
      Reuter  -  124 words
    • 261 4 UPI AMERICAN-backed Afghan rebels and senior Soviet officials held their first official talks last Saturday in the Saudi Arabian mountain resort of Taif, beginning with immediate disagreement over the agenda. Yuli Vorontsov the Soviet first deputy foreign minister and Moscow's ambassador to
      UPI  -  261 words
  • Page 4 Advertisements
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  • Page 4 Miscellaneous
    • 81 4 WMXh vs/1 Max/ Not* Mln (°C) uno* 03/-1 Cloudy 18/04 Cleor Singapore OUTLOOK: Showara over many araaa in tha Report for 24 hours prior to 7.30pm on Dec 4 at the Montreal Moscow Nassou Na« Delhi New York Nicosia Oilo Parts Perth Rio 'Joneiro Rom* Son Frta'co San Juan Santiago
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  • REST OF THE WORLD
    • 393 5 AFP EUROPEAN COMMUNITY leaders have wound up a two-day summit in Rhodes with a pledge that the EC single market of 1992 will be a partner in trade, not a "fortress Europe" of protectionism The declaration on Saturday, at the halfway point to
      AFP  -  393 words
    • 449 5  -  By PAUL GOPAL THE EUROPEAN COMMUNITY has accused the United States of adopting "a dangerous attitude" which could ruin progress in talks on the liberalisation of trade in tropical products at the Gatt Ministerial talks beginning in Montreal today. In the
      449 words
    • 382 5  -  By PAUL GOPAL A 10-MAN observer team from China is attending the Gatt Ministerial meeting in Montreal today, as part of China s bid to re-join the world trade regulatory body. When Gatt was formed in 1948, China was
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    • 116 5 AP CUBAN PRESIDENT Fidel Castro said the long-term US strategy of isolating Cuba has collapsed, and he hopes President-elect George Bush will be more pragmatic in recognising Latin American realities. "It's always better to deal with a pragmatic man than to deal with a
      AP  -  116 words
    • 413 5 UPI AMERICAN DEFENCE SECRETARY Frank Carlucci assured Oman that President-elect George Bush would maintain the same commitment to security and stability in the strategic Gulf as President Ronald Reagan, diplomats in Manama, Bahrain, said. Mr Carlucci, in oil-rich Oman as part
      UPI  -  413 words
    • 224 5 PRESIDENT PW Botha, speaking in Walvis Bay, said that the South African port surrounded by the territory of South-west Africa would never become part of a future independent South-west Africa "The Walvis Bay enclave is an integral part of the territory of
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  • 951 5 ARRIVALS Operator Sorvico Local From number tim« SU SQ45 0740 MRU MAS MH640 0820 KUL SIA SQ43 0850 DMA MAU MK742 0855 MRU/KUL MAS MH*51 0910 PEN SiA SQ27 0910 CPH/FRA MAS MH630 0920 KUL SIA SQ103 0950 KUL RNA RA606 1000 PER CPX CX710 1000 CGK
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  • Page 5 Advertisements
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    • 172 5 I I The business person's choice every II I I II I Tuesday, Thursday, Saturday ond Sundoy I M I m I Leovmg Chongi Arport at 22.05 I jy I S y y hours and arriving Heathrow early the following morning Call your Travel Agent or A* Conodo at *****55.
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  • Page 5 Miscellaneous
    • 58 5 Doonesbury jhM 50 UJHSRE DO UJ6 60 FROM HERE, I BY GARRY TRUDEAU UJEIL, I'VE GOT A PROPOSAL. 1 I IF YOU'RB WILLING, IV BE AMENABLE TO PAPERJNG OVER OUR irreconcilable pifferENCES ANP LEAPING A LIFE OF COMPLETE PRETENSE UNTIL THE KID LEAVES FOR COLLEGE. fea*3 VA THAN FAIR. nLjWBm
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  • MONEY AND EXCHANGES
    • 169 6 Reuter THE US HOUSE Banking Committee in the next session is likely to discuss the bail-out of savings and loan institutions similar to the federal government s bail-out of the Chrysler Corp, according to the committee's ranking minority member. Representative Chalmers Wylie,
      Reuter  -  169 words
    • 202 6 UOB It was a relatively quiet week for the Singapore Bond market as most dealers remained sidelined in anticipation of a new two-year bond issue this month. Prices of government securities were traded up as the interbank overnight rates remained soft for most of the week. The
      UOB  -  202 words
    • 900 6 AFP Most Asian currencies settled lower last week as the dollar rebounded against the Japanese yen for the first time in eight weeks The Australian dollar finished lower along with the yen, the Indonesian rupiah, the Malaysian ringgit. the New Zealand dollar, the Philippine peso, the Singapore dollar,
      AFP  -  900 words
    • 581 6 Gold Financial futures Sin Huat Bullion Strong crude oil prices and a sudden surge of dollar sales combined to propel Loco-London gold above chart resistance at U*****.00 where technical trading and stop-loss buying took over to carry the metal as high as US$432 20, last traded about three months ago.
      Sin Huat Bullion  -  581 words
    • 172 6 Gold futures on Doc 2, 1988 100 troy ounces USS par troy ounce Open Low 80M0 Ooc ***** ***** 423.70 431.70 7.80 Jon 89 434.50 8 00 Fab 429 20 438 00 428.30 436.70 8.10 ***** 444.00 433.70 442.20 4-8.30 Jim 440 80 448.50 439.20 447 90
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    • 217 6 ASIAN CURRENCY avorago deposit ratos for 1 1 1 •ndod Doc 2 BIO PRICES High Low US t 7 doyt 9/16 8 7/16 1 mo**fh 9 3/4 9 3/16 2 nimirtu 9 7/16 9 1/16 3 mcnTftn 9 7/16 9 1/16 6 monl+n 9 3/8 9 9
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    • 34 6 The range of call rates for the week ended Saturday, Dec 3 Bonk fund 3 00 4.25 Gtn fund 2 50 4 20 Movement! of funds M$)06«i Source: Short Deposits (M) Bhd
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    • 161 6 Reuter WESTDEUTSCHELANDESBANK Girozentrale (WestLß) will boost its capital if merger plans with another bank fail, banking sources said in Duesseldorf. WestLß and the Frankfurt-based Hessische Landesbank Girozentrale (Helaba) said in August that they planned a merger. This would create West Germany's second largest
      Reuter  -  161 words
    • 497 6 PLR of banks at the close of business on Friday. Dec 2. as supplied by the Association of Banks in Singapore: Indicate* th« ivarag* of tt>« prim* lending rates of 12 ma|or banks In S'por* BANK PIR Algemene Rook 6% Allied Irtah frank PLC 6% American Express
      497 words
  • Page 6 Advertisements
    • 185 6 PHILIPS The A to Z of Electronic Security ELECTRONIC SECURITY SYSTEMS I uimam 1 •A i i </ nt Z'-s.U V >■ i* >■. Philips has one of the most comprehensive ranges of electronic security systems and equipment available today everything from basic intrusion detection equipment to highly sophisticated perimeter
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    • 27 6 BRUNO MAGLI FallAVinter 1988/89 Collection AT CENTREPOINT UNIT 01-30 1881 10 BRUNO M AGLI Forum Galleria «01-4b SB3 Or( hard Road Singapore 092 J. Tel 732 8%1
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  • BANKING AND FINANCE
    • SMALL CHANGE
      • 99 7 cial Development Unit. BETTER relations between staff members that's what the Monetary Authority of Singapore and the Oversea-Chinese Banking Corporation hope to achieve with their joint Christmas party in mid December. The bash, to be held at the MAS penthouse, will be attended by a few hundred
        cial Development Unit.  -  99 words
      • 98 7 A READER called last week to say that the CID premises in Robinson Road ought to be preserved because of its unique architecture. BT had reported that a new POSB Building was to be erected in its place. We are not in a position to say
        98 words
      • 88 7 WITH nine banks issuing their Visa credit cards in Singapore, you might well wonder whether Visa's man-on-the-spot carries all of them. He doesn't, we discovered at a recent Visa press conference. To illustrate a point he was making, Mr Peter Harkess, Visa International's general
        88 words
    • 325 7 Reuter COMMERZBANK AG said it was taking a 40 per cent stake in Leonberger Bausparkasse AG, a Stutt-gart-based building society, for undisclosed terms. The decision follows an announcement last week from Dresdner Bank AG that it was selling its 25 per cent stake
      Reuter  -  325 words
    • 202 7 Reuter A PROJECT to launch a new air-craft-leasing company in which Scandinavian Airlines System was to have held a 20 per cent stake has run into problems. Plans for the company. Aircraft Lease and Finance pic (ALF) were
      Reuter  -  202 words
    • 105 7 AFP A CONSORTIUM of 12 West German banks headed by Deutsche and Dresdner has granted three loans totaling 355 million marks (US$2O5 million) for construction of a real-estate complex in Beijing, Deutsche Bank announced in Frankfurt on Thursday. The contracts were signed the
      AFP  -  105 words
    • 245 7 Reuter AMSTERDAM-Rotterdam Bank NV (Amro) said it was discussing the sale of its 50 per cent share in Dutch investment bank H Alfred de Bary Co NV to Deutsche Bank AG At present. Amro and Deutsche each own 50 per
      Reuter  -  245 words
    • 492 7 NYT SHORT- and long-term interest rates rose sharply last Friday after the US government announced an increase in November employment that was much larger than expected. The employment report, particularly a 463,000-worker gain in non-farm payrolls that was nearly twice as
      NYT  -  492 words
    • 127 7 Reuter BRITAIN'S reserves of gold and foreign currency rose by an underlying US$42B million during November, the Bank of England said on Friday. The rise, which compared with an underlying US$l.l billion rise in October, reflected the British central bank's activity on foreign exchange
      Reuter  -  127 words
    • 188 7 Reuter ZUERICH Versicherung Deutschland, the West German unit of the Swiss Zurich Insurance Co, said it bought a stake of under 5 per cent in Deutsche Bank AG s building society The purchase is part of a cooperation agreement that will allow the
      Reuter  -  188 words
    • 104 7 AP THE CENTRAL Bank on Saturday devalued Indonesia's currency from 1,718 to 1,720 rupiahs per US$l. On Sep 12, 1986, the government devalued the rupiah by 45 per cent from 1,134 to 1,644 rupiahs to the dollar Last year, it made a slight
      AP  -  104 words
    • 335 7 Bernama WITH BANKS generally winding down their operations in December. and the normal year-end blues, the ringgit is expected to remain weak during the month. Bank Buruh said. "Unless the market can find new focus and depth, this will mean further erratic movements for
      Bernama  -  335 words
    • 325 7 Bernama THE LIFE Insurance Association of Malaysia (Liam) has been urged to formulate guidelines or code of ethics to curb "unhealthy practices" like making bonus projections which are too high and not fulfilling them, a Bank Negara spokesman said in Kuala Lumpur on
      Bernama  -  325 words
    • 132 7 Reuter BANKAMERICA Corp unit Bank of America International Inc has withdrawn from the fixed-rate Eurobond market effective immediately. Jim Mitchell, vice-president of world banking communications in Los Angeles, said last Friday that the London-based Eurobond operation would be closed but the subsidiary would continue to
      Reuter  -  132 words
  • Page 7 Advertisements
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      67 words
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  • COMMODITIES
    • 1384 8 AFP THE AGREEMENT reached by the Organization of Petroleum Exporting Countries members on Monday, fixing the production ceiling in the first half of 1989 at 18.5 million barrels per day to push crude prices up to US$lB per barrel, had a muted impact on the
      AFP  -  1,384 words
    • 157 8 PORLA prices for Dec 2 Crude palm oil All trades in M$/tonno on delivered basis unless otherwise stated: Mootfi Morlf) Ion#) Cental COM! Dec 963.50 983.00 964.50 972.50 Jan ***** Feb Palm kernel oi-mlll Month North South 975.00 978.50 Central E Coast Aveiwge DK 603.00 397.50 606.50 589.50
      157 words
    • 288 8 Bernama PALM OIL prices in the coming year will depend a lot on the US soybean crop which is expected to be good at the moment, Bank Buruh said in Kuala Lumpur. In the latest issue of its
      Bernama  -  288 words
    • 143 8 Telerate Fuel oil prices began last week on a fairly mixed note. Prices then rose steadily in the early part of the week to settle at their current range of US$73-US$76 per tonne (cif/fob Sing) for CST-180. The volume of trade was relatively light and prices
      Telerate  -  143 words
    • 146 8 The Malaysian rubber market see-sawed before finishing higher last week on late speculative buying. January RSS One International buyer was quoted at 277.50 Malaysian cents a kg against 271.50 cents a kg the previous week. Despite the better price, featureless conditions prevailed throughout the week following lack of overseas
      146 words
    • 152 8 Prices on the KLTM were traded higher lest week, boosted by late increased demand from local, Japanese and European traders. Dealers attributed this to sterling's further rise against the ringgit which narrowed the local premium over the price in London to £15 per tonne on Thursday and widened
      152 words
    • 86 8 Commercial and professional buying closed Chicago Boad of Trade wheat higher in moderate volume on Friday. Exporter Louis Dreyfus bought 2.5 million bushels of March and lowa Grain bought about two million. Selling was scattered led by Dean Witter with 1.5 million of March and Refco 1.1 million. At
      86 words
    • 134 8 AFP THE EXECUTIVE DIRECTOR of the International Coffee Organisation, Mr Alexandre Beltrao, announced in London that the agency was lifting its export quotas for the 1968-89 coffee year (October-September) by 1 million bags to 57 million. The increase was triggered by
      AFP  -  134 words
    • 167 8 Chinese Produce Exchange I f i i on Doc 3 (SS/100 kg) Coconut oil Bulk FOB 113.00 OW drum FOB 123.00 Now drum FOB 127.00 Copra Mixed (IOOM) 66 Pepper Muntofc wMtt FOB NtW 730.00 Sarawak wMto FOB foq NLW 720.00 Sarawak ipodol black FOB NLW 460.00 Sarawak
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    • 288 8 London Commodity Exchange Buyor/SoNor doting pricot on Doc 2, (£/tonno uni on tpodflod). Proviout doting pricoj in poi CoAm ronthosi t. (oils Wv-ttof# London, tofton option OF La ndon Jan 1100/1104 (1109/1110) High/Low 1110/1095 Mor 1069/1090 (1067/1088 High/low 1096/1078 Sole, (4713) C<HW Doc 825/826 (837/836) High/Low 838/825 Mar
      288 words
    • 78 8 Active professional buying and strong gains in Chicago Board ot Trade soybean oil closed CBT soybeans higher, near session highs on Friday. January closed up 10-3/4 cents per bushel at US$7.6B-3/4 and March also was up 10-3/4 at 7.80-3/4. CBT soybean oil posted strong gains on fund buying, triggered
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  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 220 9 Attend an overseas conference across a table. I II 11 V- am r m ii K If time does not permit you to leave Singapore for an overseas conference, consider our Video Conference Service. It would be your solution. VideoConferencing allows people from around the Conference meeting, with simply one
      220 words

  • PERSPECTIVE
    • 1578 10  -  Avabai B Wadia continues to blaze pioneering trail for family planning movement A full-time volunteer worker since she gave up her law practice in the *****, Mrs Avabai B Wadia (left) a world pioneer in the family planning movement and incumbent president of the International
      1,578 words
    • 609 10 TO the International Planned Parenthood Federation (IPPF), Republican George Bush's election as the next US president is no cause for cheer. It merely means the ominous likelihood of more years of American refusal to support the movement. The US had, in the past, been
      609 words
  • Page 10 Advertisements
    • 99 10 Holding a Christmas r v a Party? IAo l)\ t\ Whether it's a theme party, a company dinner and dance or an elegant festive get-together that you want, our experienced banquet i staff will plan and handle everything for you, down to the very last detail. We have .3 function
      99 words
    • 18 10 ■mufmitt M mrme ir'sw, at on EXECUTIVE LIFESTYLE SATURDAY. BUSINESS TIMES Play golf the Sevvy way every Tuesday
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  • Page 10 Miscellaneous
    • 35 10 1 Believe ir—TueRe's CHFSP pff THE COUMTEJ? ORDei?iM& the. Besr or EVERYTHING TME DIRECTOR'S > rneNU f SOUNDS LIKE. r^ONG-VBA&S VBEEJCMRM I r rvfMMO fTANOAOO CO LTD.. ME'sthrt GfoRiTy PiPnQriG CWESTg.(?- fleRR y k ffeOFU^Wfe OeRC
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  • THE ARTS
    • 837 11  -  From her perch in the highest row of the choir stalls, VANESSA LEE of the International Festival Chorus shares her exhilaration at being part of Singapore's debut performance of Puccini's Messa di Gloria on Nov 30. VANESSA LEE NOT SATISFIED with singing in the shower, I signed
      837 words
    • 629 11 WHEN we first heard that operatic tenor Rico Serbo was coming to sing with us in Puccini's Messa di Gloria. I visualised the stereotype Italian tenor: huge, emotional and speaking English with an Italian accent, and with lots of Italian phrases thrown in. Instead,
      629 words
    • 576 11 The Economist PITY Mr Mike Nichols. He wanted to stage a revival of Samuel Beckett's "Waiting for Godot" at the Lincoln Centre in New York, yet now he finds himself in hot water. The public is annoyed because the production was sold out
      The Economist  -  576 words
    • MUSIC NOTES
      • 486 11 THERE WAS a heavy downpour outside the Victoria Concert Hall last Saturday which probably accounted for the latecomers scuttling to their seats between the second and third movements of Sibelius s Third Symphony somewhat disconcerting as it forced a long pause between the movements. But when
        486 words
      • 131 11  -  SHAUN KOH IT IS INDEED a privilege for Singapore to play host to German baritone Hermann Prey, one of the world's greatest lieder interpreters. His repertoire is not exclusively of lieder, however. Prey will perform Schubert's Winterreise song cycle on Dec 13 at the Victoria Concert Hall
        131 words
  • Page 11 Advertisements
    • 245 11 I ?ri. li "to StUi HG FROM SINGAPORE WITH LOVE WE'LL DELIVER To Your Home Or Office AT NO EXTRA SINGAPORE BUSINESS gives you the newest trends affecting the economy, analytical features and snappy columns on the stockmarket, trade industry, banking, property, company profiles and personalities. Don't miss a single
      245 words

  • LEISURE
    • 620 12  -  By DEXTER LEE SOVIET SUPREMACY in international chess was convincingly reaffirmed last week when both the Soviet men and women teams took top honours in the XXVIII Chess Olympiad held in Greece. In the men's section, where 107 teams were competing, the Soviet team of
      620 words
    • 740 13 Mahfouz looking for a story Naguib Mahfouz, the first Arabic writer to win the Nobel Prize, talks about how difficult it is to write a book based on modern Egypt Reuter NAGUIB MAHFOUZ sits by a window in a dark cafe, sipping Turkish coffee, watching Cairo stir to life in
      Reuter  -  740 words
    • 398 13 AP REGULARS have swirled their lest fruit juice at the Milestone pub in Exeter, England but fans of the pioneering teetotalers' pub said its example lives on. Since Britain's first "low-alcohol" bar began serving mainly soft drinks and a little low-alcohol beer in this southwest English city in
      AP  -  398 words
  • Page 12 Advertisements
    • 776 12 Where to entertain. v f i 4 < A magical drink made for two. Light, dreamlike and fruity. Available at all restaurants and bars from December 1. A Christmas special. <¥> JL Royal Singapore Ise cMefody^cMaheiS ORCHARD A marvellous combination of TFRRACF Malaysian charm and Filipino I pageantry, this new
      776 words
    • 202 12 -J* Public \ys Western and rice* beef steak yißioyw mm roast rib of beef carrot cake beryani rioe nonya kueh mango pudding BSD DUBS chocolate mousse and much, much our! j t sr 7W: 39mpoor m The most popular buffet lunch renowned for its value-for-money CAIRNHILL HOTEL'S I EAST-WEST A
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  • Page 13 Advertisements
    • 206 13 m There's a cafe on a lush, green hi 11... where you can take a break. Meet frienas Relax. Make choices from the aelightful international cuisine and Asian favourites Prawn Mee, Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice And much more At Cafe in the Park a m Century
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      42 words
  • Page 13 Miscellaneous
    • 618 13 CRYPTIC PUZZLE ACROSS 1 Statistical centre (5) 6 Slopes for prams? (5) 9 Dog able to sharpen pencils? (7) D Enough meat to go round? (5) The number on board? (5) Pass on something you know (5) It's his job to make an impression (7) In the main, it's edgy
      618 words
    • 1242 13 TOiMDIMDGQ Pk NAPOLEON AND JOSEPHINE A Love Story (Episode 1) 9.30pm, Channel 5 Armand Asante and Jacqueline Bisset (above) star in this lavish production which tells of the legendary passionate affair between a Creole widow saved from the guillotine and the French army officer who rose to become the most
      1,242 words

  • SPORTS
    • 519 14 AP LONGSHOT Jakob Hlasek and Stefan Edberg advanced to the semi-finals of the Masters tennis tournament with upset victories last Saturday, while Ivan Lendl moved a step closer to his fourth straight title by winning a match he could afford to lose. Edberg used a powerful
      AP  -  519 words
    • 943 14  -  By PETER ABISHEGANADEN POLO IS KNOWN as the Game of Kings. In the past, you had to be a wealthy man, an army officer, or royalty to play polo. But even as the game gets more accessible to
      943 words
    • 113 14 UPI THE SOVIET UNION coasted through its opening round tie of the Federation Cup with a 2-0 win over Yugoslavia at Australia's National Tennis Centre yesterday. Larissa Savchenko, playing as the Soviet Union's No 2, needed less than one hour to defeat Yugoslav teenager
      UPI  -  113 words
    • 353 14 AP CHARLES BARKLEY scored 31 points, including nine in a fourth-quarter rally, to help lift the Philadelphia 76ers to a 107-100 victory over the Indiana Pacers last Saturday. The 76ers outscored the Pacers 33-18 in the fourth period, and Barkley scored five of his nine
      AP  -  353 words
    • 462 14 AFP AUSTRALIAN Rodger Oavis, who went to a sports psychologist to steady his game, got his money's worth yesterday by winning the super-rich Bicentennial Golf Classic in a playoff with American Fred Couples. Oavis picked up the A 5500.000 first prize after disposing of Couples on
      AFP  -  462 words
    • 186 14 AP SOUTH AFRICAN Fulton Allem came from fifth place last Saturday to share a two-stroke lead with Ken Green of the US in the third day of the Million Dollar Challenge. Allem shot a six-under-par 66 while Green had a two-under-par 70 to enter the
      AP  -  186 words
    • 263 14 AFP MIKE HALLETT gave the World Matchplay Snooker Championship a superb send-off in Brentwood. England last Saturday by winning a first-round thriller against fellow-Englishman Willie Thorne. Hallett resisted a splendid revival from Thorne, who fought back from 7-2 down to level at 8-6 with a
      AFP  -  263 words
    • 629 14 BONDS, LOANS WARRANTS Company Ei*ry Conversion period Conversion term lor one ordinary llllMI (%> payable •hare dale CK Tong Wrti *****990 Anytime to May 31, 1990 1 warrant plus $2.25 cosh Otuon Hup Wrt» 1991 Anytime on or after Mar 1987 1.6 warrants plus $1 60 cosh. until Dec 31.
      629 words
  • Page 14 Advertisements
    • 381 14 NOTICES IN THE MATTER OF THE I COMPANIES ACT CAP 50 AND IN THE MATTER OF IDEAL FORWARDING (PTE) LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (Pursuant to Section 290) At an extraordinary general meeting of the members of the abovenamed Company, duly convened and held at 190
      381 words
    • 507 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AORIST TRADING PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50. that the Final General Meeting of the Company will be
      507 words
    • 519 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LOVELLA PRIVATE LIMITED (In Members' Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the abovenamed company duly I convened and held at 200 I Cantonment Road, 05-05 Southpoint, Singapore 0208
      519 words

  • COMPANIES & STOCK MARKETS
    • 576 15 By HOCK LOCK SIEW JUST WHEN all the indicators suggest that the retail sector is booming, two of the biggest stores groups in the stock market produce results that would disappoint the market even if trading conditions were mediocre. For the six months to endSeptember, Metro
      By HOCK LOCK SIEW  -  576 words
    • 359 15 WHEN it finally decides to go ahead with its property trust fund, the Public Bank intends to go it alone and only invite foreign joint venture partners at a later date President and chief executive < officer Tan Sri Teh Hong How
      359 words
    • 494 15 MBT MALAYAN BANKING Bhd (Maybank) intends to set up a new wholly-owned subsidiary to venture into property trust within the next six months. Executive director Ahmad Mohd Don told reporters after the company's 28th annual general meeting on Saturday that if need be. Maybank
      MBT  -  494 words
    • 560 15 PERMODALAN Nasional Bhd (PNB) s investment strategy next year is to continue diversifying its portfolios and to consolidate its stake in selected companies in the manufacturing and industrial sector. PNB chief executive Datuk Khalid Ibrahim said overseas investment will be maintained at between 5
      560 words
    • 308 15 PERMODALAN Nasional Bhd (PNB) will make the listing of Kumpulan Guthrie Bhd (KGB) on the Kuala Lumpur Stock Exchange (KLSE) and the setting up of a property trust its priority for next year PNB chief executive Datuk Khalid Ibrahim said the floating of
      308 words
    • 245 15 LAST FULL YEAR Company Period Dot# Yeor Net EPS Oram Net onnounc»d •nding leant*) dtw profit last year ($•000) Sel Properties Interim Jul 30 Oct 88 09 10 2.808 A Icon Interim Sep 22 Dec 88 19 0411 leong Hoot Interim Sep 29 Dec 88 5351 Msian Fmills
      245 words
    • 111 15 LAST FULL YEAR Company P.fKXj Dot* Y#or N«t EPS G'OU Net onnounc*d •ndlng Icanti) dl» profit la«t irtor ($'000) Duta Cons Final Aug 28 D«C 86 4 8481 Grond Utd Hldgj Finol Jon 30 Jon 87 19 1941 Suprtm* Corpn Final Ion 30 Jon 87 28.1671 lot Wood
      111 words
    • SES
      • 1594 16  -  Singapore By JOCELYN TOH AFTER FOUR consecutive days of painstaking gains the previous week, the local stock market returned to its state of torpor last week as investors waited for release of the US third quarter GNP and November employment figures. But the
        1,594 words
      • 178 16 SINGAPURA BUILDING SOCIETY: 19th AGM at the Board Room, Marina House. 70 Shenton Way today (Dec 5) at 11am. LINGUI DEVELOPMENTS Berhad: 20th AGM at Ballroom Prince 3, Prince Hotel, Jalan Imbi, Kuala Lumpur on Thursday Dec 8 at 9.30 am. LUM CHANG HOLDINGS Ltd: 6th AGM at
        178 words
    • 5762 16 1988 High Low Tel Cod* Company Last Sale DEC 02 orGr's Dlv Dtv C'w Gr'i Y'ld y. Nat PIE Vol (000) V High leak Low Last Quota Buyer Seller M Cap Smll SECTION ONE INDUSTRIAL A COMMERCIAL 141 85 218 167 135 460 209 350 129 167
      5,762 words
    • MARKET REVIEWS
      • 743 17 Jl -4 K.Lumpur NST SHARE PRICES on the Kuala Lumpur stock market drifted aimlessly within a narrow range last week as a dearth of fresh factors kept investors at bay on most trading days Except for a mid-week awakening. the market closed
        NST  -  743 words
      • 333 17 Tokyo SHARE PRICES soared on the Tokyo Stock Exchange last week with the 225issue Nikkei Stock Average closing at a record high The leading barometer, an 183.39-yen winner the previous week, ended at an all-time high of 29,665.50 yen on Saturday, 301.91 yen up
        333 words
      • 331 17 Sydney AFP THE AUSTRALIAN share market lost ground each day last week to close on Friday at its lowest level in more than six months The All Ordinaries Index lost 54.9 points during the week to close at 1450 6 Only seven
        AFP  -  331 words
      • 149 17 Reuter PRICES on the Bombay Stock Exchange rallied to post handsome gains in the week to Friday on good buying support from institutions and other investors, brokers said. Many investors returned after keeping to the sidelines for nearly two weeks. The Economic Times index rose
        Reuter  -  149 words
      • 742 17  -  Week ended December 2 compiled by JULIANA TAY SCRIP ISSUES Ind Oxygen: Restricted offer for sole by Pegi Msta of 54,179.750 ordinary shares of 50 cents each m IOI (Offer Sharel on the basis of one Offer Shore for every four shares held of 65 cents per Offer
        742 words
      • 997 18 Hongkong DBS Securities, HK THE MARKET was relatively depressed at the beginning of last week. Prices picked up in the middle of the week but tapered off on Friday. The property counters again dominated much of the trading. The Hang Seng Index gained 11.18 points
        DBS Securities, HK  -  997 words
      • 413 18 New York AFP WALL STREET, which all week anxiously awaited unemployment figures, reacted negatively last Friday to the unexpected firmness of the US employment situation. The Dow Jones index of 30 leading industrials ended the week at 2092.28, 17.60 points
        AFP  -  413 words
      • 898 18  -  London By RAY HEATH IT WAS "SID" to the rescue of the British Steel flotation last week. Sid is the mythical man in the street created by a public relations agency to sell British Gas shares to the general public, and is
        898 words
      • 745 18  -  pppe? By RICHARD HARRIS THE BUSINESS CYCLE is a term often used by stockbrokers to persuade clients to sell their stock holding as in the phrase. "Stock X is in a business sector which is at the peak of its business cycle Sell Now". Recently,
        745 words
      • 674 18 Currant b Booto (nyminl data don poyobte A Entorprisos 5%IB Nov 2 No. 17 D* 5 A s B 10% (bl Jon 6 Jon 20 Jon 31 A M D B l%lbi No. 2* Ok 8 Jon 9 Amol Stool 8%TEIbl Ok 1 Ok 15 Jon 30 Amtok
        674 words
    • WORLD MARKETS
      • 832 19 New York Reuter FEAR of higher short-term interest rates led investors to sell stocks on Friday and put cash in short-term Treasury securities, stock brokers said. Stronger-than-expected jobs growth in November stoked the market's concern that interest rates would rise. The Dow Jones Industrials shed
        Reuter  -  832 words
      • 1014 19 London Reuter UK SHARE prices stood close to their lows in late trading on Friday, with any rally attempts quickly running out of steam on an almost total lack of buying interest. Prices declined from the outset on the lack of interest, with the
        Reuter  -  1,014 words
      • 1463 19 Amsterdam oec 02 PU ABN 40 1 -06 A agon 83 8 •03 Ahold 840 •1 i Akzo 144 1 -09 Alranta 157 1 02 AMEV 51 4 -07 AMRO 75 5 -07 Am Stod 140 5 15 B«rk*l BOCS 139 5 -09 Boraumy 105 7 -1.3 Buahrman Tatlaroda Calv*
        1,463 words
      • 506 19 Amount to go towards funding of RJR takeover FT DREXEL Burnham Lambert, the Wall Street investment bank which is fighting to stave oft charges of criminal racketeering, on Friday promised up to US$3.5 billion towards funding the takeover of RJR Nabisco in the
        FT  -  506 words
      • 200 19 UPI SOUTH KOREAs annual car production is likely to exceed one million units this year for the first time in its history and the 1989 output is expected to reach 1.5 million. Industry sources and government officials said on Saturday the 1988 annual
        UPI  -  200 words
      • 206 19 AFP BRITISH Aerospace (BAe) and the French arms and electronics group Thomson CSF are studying a plan to merge their military activities in a bid to become Europe's largest defence contractor, the British weekly The Observer reported yesterday The merger plan, codenamed
        AFP  -  206 words
      • 553 19 FT BRITISH Steel's £2.5 billion (US$4.6 billion) offer-for-sale closed substantially oversubscribed, despite the gloomy stock market conditions. Indications were that about 600,000 individuals had applied for over 1 billion shares, compared with the 452 million initially available under the UK public offer. The success
        FT  -  553 words
  • Page 15 Advertisements
    • 224 15 THE MONETARY AUTHORITY OF SINGAPORE SINGAPORE GOVERNMENT OFFERING OF TAXABLE BOOK-ENTRY BONDS TO THE PUBLIC, 9 DECEMBER 1988 Amount Offered Issue Code Issue Date Maturity Date Interest Rate Price Interest Payment Dates Next Int Payment Date Min Denomination Available Method of Sale Competitive Applications Non-competitive Applications Accrued int payable by
      224 words
    • 348 15 CURRENCY INVESTMENT AMHRICAN KXPRKSS BANK TEL: 321 3333 All YOU WANT TO KNOW ABOUT CAPITAL MARKETSRISK MANAGEMENT TECHNIQUES JAN IS 20 1968. SINGAPORE (A) Fee: STG 495 The effective management of foreign exchange and interest rate exposure is a challenge in today's volatile international financial markets. This course examines the
      348 words
  • Page 15 Miscellaneous



  • Page 18 Advertisements
    • 214 18 v:-;- vjf IM7 Jrr I TlLinYirKi BPMLTTMI FE/IST A team of six of Thailand's top chefs reknown for their culinary expertise headed by Mrs. Jitmanee Sangngapal who boasts of a wealth of experience in Siam's royal kitchen brings you the royal Thai spread in its most delicate,detailed and finest form,
      214 words

  • Page 19 Advertisements
    • 187 19 This announcement appeors as o matter of record only BPB GOVERNMENT PROPERTIES SERVICES LIMITED (New Zealand State Owned Enterprise) US$lOO,OOO,OOO NOTE ISSUANCE FACILITY WITH A NEW ZEALAND DOLLAR OPTION Underwriters Banco di Nopoli, Hong Kong Branch Banco di Roma, Hong Kong Branch Bank of Communications, Hong Kong Branch Dao Heng
      187 words

  • 103 20 AP AN IRAQI government decree published yesterday bans men from working as hairdressers and ordered all hairdressing salons to dismiss their male employees. A statement by the Ministry of Interior, released in government papers, said the decision was taken because the work of men in the
    AP  -  103 words
  • 252 20 AFP AUSTRALIA'S conservative opposition launched its national election campaign yesterday with a broad policy statement that tries to take the sting out of its controversial position on immigration. The "future directions" policy unveiled by opposition leader John Howard breaks no new ground, but adds a
    AFP  -  252 words
  • SATURDAY ROUNDUP
    • 136 20 THE LEVY on employment of foreign maids will be raised from the current $120 monthly to $160 from January and to $200 from July. Also from next month, employers will not be allowed to rely on insurance companies to stand as guarantors for
      136 words
    • 160 20 TAXI COMMUTERS will have to pay 20 cents more every time they flag down a taxi. The rise takes effect Dec 16. The Public Transport Council gave the go-ahead for the increase in flag-down fare but rejected the taxi companies' application for an increase in dis-tance-related
      160 words
    • 157 20 A PARLIAMENTARY Committee will be set up next March to formulate Singapore's national ideology and values. This was revealed by First Deputy Prime Minister Goh Chok Tong The Committee is expected to hold public hearings in what Mr Goh described as a formal study to
      157 words
  • 335 20 Bernama/AP DESPITE 'lively' enquiries received. the Malaysian Timber Industry Board s (MTIB) trade mission to eight countries recently returned home with bad news "The timber trade in Europe remains active but so also does the momentum of the anti-tropi-cal hardwood campaigns (of environmentalist)," MTIB
    Bernama/AP  -  335 words
  • 508 20  -  By DEXTER LEE NATURAL RUBBER prices have rebounded in the last two weeks but market players remain divided over the commodity's short-term price trend. Optimists state a fairly strong case for higher rubber prices as they expect a tightening in supply. Several fundamental factors
    508 words
  • 115 20 Reuter PALESTINIAN LEADER Yasser Arafat held talks with Egyptian President Hosni Mubarak yesterday amid signs that Cairo would urge him not to jeopardise his current moderate image. Egypt wants Mr Arafat to resist the temptation to castigate Washington for refusing him a visa when he
    Reuter  -  115 words
  • 216 20 THE SENIOR Parliamentary Secretary of the Ministry of Communications and Information. Mr Ho Kah Leong, last night urged the shipping industry to shape up for future challenges. Shipping lines are going into joint ventures with trucking companies, railroad operators and coastal feeder ship operators
    216 words
  • 308 20 Reuter TWO MORE army units joined a rebellion in Argentina yesterday as loyalist troops, tanks and artillery advanced towards the rebels' stronghold in a Buenos Aires suburb. An air transport regiment in Cordoba. 700 km north of Buenos Aires, and a mechanised infantry regiment
    Reuter  -  308 words
  • 47 20 AFP BUSINESS at bars catering to US soldiers in Seoul has fallen sharply, apparently in reaction to US army concern about mounting antiAmericanism, the Yonhap News Agency said. Business has plunged since the Olympics ended in October and some bars may have to close AFP
    AFP  -  47 words
  • LATE FILE
    • 27 20 Reuter SOVIET Foreign Minister Eduard Shevardnadze is expected to visit Beijing in January or February, according to Chinese Foreign Minister Oian Qichen. Reuter
      Reuter  -  27 words
    • 64 20 AP ABOUT 700 activists marched to China's official Xinhua News Agency yesterday and burned sections of a proposed constitution under which Beijing will govern Hongkong after 1997. The demonstrators had earlier staged a rally at a park several kilometres away to condemn a post-1977 constitutional proposal
      AP  -  64 words
    • 28 20 AFP PRESIDENT Corazon Aquino ordered military officials yesterday to investigate piracy in Manila Bay and the possible involvement of soldiers in such crime. AFP
      AFP  -  28 words
    • 32 20 AFP A PHILIPPINE government official said yesterday that some soldiers might be torturing detainees, but rejected an Amnesty International report saying the practice was widespread under President Aquino. AFP
      AFP  -  32 words
    • 36 20 Reuter THE BRITISH FLAG was hoisted in Tehran yesterday for the first time in eight years as Britain reopened the embassy it closed in the upheaval following Iran's Islamic Revolution. Reuter
      Reuter  -  36 words
    • 52 20 AP EMPLOYEES of the Tel Aviv stock market went on a 24hour strike yesterday as part of a labour dispute, and shares trading was halted for the day. The strike was called after contract negotiations stalled over who should arbitrate a dispute over seniority
      AP  -  52 words
    • 32 20 AFP EGYPTIAN authorities yesterday reopened airspace between Egypt and Libya to commercial aircraft for the first time since 1979, the official Middle East News Agency reported. AFP
      AFP  -  32 words
  • Page 20 Advertisements
    • 675 20 Free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. The once robust growth of the textile and garment industry is tapering off. Why? 2. Subsidiaries of US corporations plan to invest about Sslb in Singapore next year. 3.
      675 words
    • 78 20 Mb I<*s Blanc deBiANCs BORDEAUX •0«0€MJ« COM^OtCf Bartons Cuestier Barton £> Guestier wines will make your meal even more enjoyable at these discerning restaurants: Fook Yuen Seafood Restaurant (Paragon 6 South Bridge Centre), Pare'gu Vietnamese Seafood Restaurant (Orchard Plaza), Swatow Teochew Restaurant (Centrepoint £> Golden Shoe), Szechuan China Palace Restaurant
      78 words

  • SHIPPING TIMES
    • 377 21  -  By G DURAIRAJ THE BALTIC International Maritime Council (Bimco) will introduce the world's most comprehensive data bank on port and maritime information. It will be available on-line 24 hours to users worldwide. The council's head of marketing/membership division, Mr Peter Ryaard Andersen,
      377 words
    • 439 21  -  By AL O LABITA Jr, Writing for Shipping Times from Manila ASEAN's ship industry leaders have agreed to lobby anew for exemption from the highly restrictive Controlled Carrier Act of the US government. Under the Act, a controlled carrier is
      439 words
    • PORTSIDES
      • 91 21 Reuter THE ASSOCIATION of West India Trans-Atlantic Steam Ship Lines said it is raising currency adjustment factors (CAFs) with effect from Dec 16 For traffic to and from Hamburg/Bordeaux range. East Germany, Poland and Soviet Baltic ports the CAF rises to plus 19 per cent from
        Reuter  -  91 words
      • 101 21 Reuter A GREEK TANKER carrying 60.000 tonnes of oil was aground in high seas off the west coast of Italy Port officials in Rome said last Saturday that three tugboats were battling to refloat the Alfa-Sea which broke its moorings during the night at an
        Reuter  -  101 words
    • 853 22 ACTIVE SALES were reported m the tanker sector of the ship sale and purchase market last week, with firm rates reflecting the current strength in the tanker freight market One of the deals involved two motor tankers, the 1978built Cerro Colorado and the 1977-built Corta Atalaya. both 132.285
      853 words
    • 890 22 AB S^pg V ABSS S*pg XI ABC ConK>nor a Accord SKpg VI Ahr»n4i#l I.nor X Aiitro»n V* AC Toepto* XI Am«f <o« Tp» X 4/S Anro Sr*<i IV 2/3 Arrow li«os IX Ai«n Oc#0" XI ASSOC Co"Ogt XI AN1 1 1/2 A PC l»no V API III
      890 words
    • 463 23 Journal of Commerce WHAT STARTED two months ago as a local dispute between the Port of Los Angeles and one of its terminal operators has mushroomed into a national case affecting the future of independently operated public marine terminals at US ports
      Journal of Commerce  -  463 words
    • 241 23 A NORWEGIAN-SOVIET shipping joint venture is due to be set up early next year under the terms of an agreement signed in Oslo during a visit by Soviet shipping Minister Jurij Volmer, says a report in Lloyd's
      241 words
    • 6590 28 AARHUS Villa de Neptune CM 0 Atrettement Dec 5 City ot Edinburgh Triot Dec S<PK). luo He China Ocean Oac 5 Nad Deiima ScanOutcht Oac 5 Kang Ha China Ocean Oac 8 M Paris Maersk Lina Oac 8 Kamakura Tnot. Oac 8
      6,590 words
    • 1092 30 AT CONVENTIONAL WHARVES VmmI B«rth Arrival Departure KEPPEL WHARVES AO* i Chungking Continent 1 C0f0« Pc«tt v fQuO'Of V F»«cb«n». G Ho*»n Gold Orit < bl Gtomou' )•*»*>" v Koto Alon Koto Borkon v Koto T.»u« Motorom 0'0«»«*burg 8 a o* ftroofce Bong tnxnhon V SbutcHong v.
      1,092 words
    • 1125 30 BROKERS on Thursday reported continuing market talk of chartering by Soviet operators with up to six vessels thought to have been fixed on time-charter to lift north or South American grain. Bulk carriers involved were thought to include the Samjohn Captain of 65,051 tonnes dw with delivery Mediterranean
      1,125 words
    • 486 32  -  By Vonnie Bishop THE SPIRIT of optimism in the shipping industry may be getting out of hand, according to the managing director of Bankers Trust Company. Mr Boris Nachamkin. He is also not sure where the estimated US$lO billion to US$l5 billion required annually
      486 words
  • Page 21 Advertisements
    • 719 21 1 TIVIKS STP Distributors WW Indicated to Service jAftOINi SHIPPING AGENCIEI 200 Cantonment Road #12-05 Souttipoint. Singapori 0208 Tel *****11 Telei RS ***** facsimile *****09 TERMINAL/CFS Tel *****18 *****19 *****20 FOR CUSTOMER SERVICE INQUIRIES ANO BOOKINGS T« *****304 PESAAA JAR DINE SHIPPING AGENCIES SON IHO PORT KELANG Tel *****18 Telei
      719 words
    • 90 21 mm WHAT STARTED two months ago as a local dispute between the Port of Los Angeles and one of its terminal operators has mushroomed into a national case affecting the future of independently operated public marine terminals at US ports. Page 111 THE SPIRIT of optimism in the shipping industry
      90 words
    • 416 21 THE SPECIALIST IN: Wire Rope Slings Lashing Materials Lifting Gears FACILITIES > AVAILABLE V INTERMARINE SUPPLY CO. (PTE) LIB. TEL *****33 (6 UNES) TLX: MCCO RS 3(321 FAX: *****77 MAERSK LINE To California US Guff US Atlantic East Canada All Water S*rvic Feedef by Maerih Kobe To PNW West Canada-US
      416 words

  • Page 22 Advertisements
    • 584 22 «f Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ROTTERDAM VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE CITY OF EDINBURGH KAMAKURA LARGS BAY MEONIA VILLE D€ BORDEAUX TOKYO BAY LONDON EXPRESS CONTAINER SERVICE FROM UK/CONTINENT KAOS PORE HONGKONG HSIUNG R DAM' ANTWERP LE HAVRE VOY NO HAMBURG MEONIA
      584 words
    • 100 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association. !EI C SAV Compama Sud Americana dc Vjpores S A Chilean Line f-.l 'BTI EXPRESS SERVICE TO/FROM CHILE fEEDER VESSEL CSAV 1 CSAV 2 CSAV 3 12/12 20/12 11 MOTHER VESSEL HK TOKO
      100 words
    • 745 22 Now, even faster Alligator service to LAI: Save 4 dflyS frOIH Singapore 3 days from Port Kelang, Penang From Singapore Los Angeles Oakland Chicago Columbus New York Dallas Houston New Orleans Memphis Mitsui O S.K Lines' Pacific Southwest (PSW) container route to Los Angeles is newer and faster than ever
      745 words

  • Page 23 Advertisements
    • 1287 23 The Straits Steamship Group fee* P&0 WsSk Containers I CONTAINER SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak. Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK S PONE B'KOK PI CASUS PIONEER VION 07 Dac 10-11 Ok PECASUS PROGRESS VSSON 10-11 D« 14 IS D« BANGKOK BORNEO AGENCIES LTD.
      1,287 words
    • 709 23 THE PORTS OF BREMEN/BREMERHAVEN 1 t a nesia k" I wmr -J y Mi Wolfgang Stover, BLG Sales Manager Far East HI "We Pave the Way into the European Markets. Europe is open for your exports. This market comes a great step closer to you if you choose the Ports
      709 words

  • Page 24 Advertisements
    • 497 24 HXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINKS IRANIAN SERVICE Singapore Loading (or IRAN MAHALLATI PJLftt SID BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL HK LOAD FOR KYOWA HIBISCUS V 34 29/12 VILA. NMA. LTK, SUVA. PAGO. APIA KYOWA VIOLET V 23 28/1 VILA. NMA. LTK.
      497 words
    • 920 24 HANJIN SHIPPING CO., LTD. FROM EUROPE VIA SUEZ A Mamter of tK* Ac* Consortium I TO FAR EAST PORTS A Memtwr of th« Ac* Consortium I I TO EUROPE VIA SUEZ A member of th* Ac* Consortium H burg B Hlvon mi 17 u Sport 10 12 23 12 27
      920 words
    • 100 24 INDIA STEAMSHIP FORTNIGHTLY EXPRESS CONTAINER SERVICE TO INDIA SRI LANKA Sub)«ct to inducement SHARIKAT TRANS-ORIENT SDN. BHD. SINGAPORE *****10, *****56 PORT KELANG: *****94/5 LIN LIN SHIPPING PTE. LTD. 1 M*|H<ne Rom) 01 Central Buildmf Singapore 0105 Tel 133M14 t 53J6522 WEEKLY SERVICE S PORE TO KUCHWG SIBU SARKEI PAS* GUOANG
      100 words
    • 671 24 OEVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GROWTH EVER GRAND ever on EVER GOLDEN EVER GLOBE EVER GINIUS EVER GIANT scp hkc ksc klc pus osk rro cms 07/12 11/17 12/12 14/12 17/12 21/12 24/12 I*l2 17/12 11/12 2002 22/12 2/02 »12 22,12 20/12 21/12 Wl2 02/01 OMI
      671 words

  • Page 25 Advertisements
    • 758 25 SMIFFIINU TIMES, Monday, December 5, 1988 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE ACCEPTING MURUR AN/TOM AKOM AI/HfTACHt CARGO VIA HKG JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE SIN 11/12 12/12 21/12 27/12 29/12 SIN 7/12 7/12 14/12 17/12 21/12
      758 words
    • 502 25 IrjT BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT B HAVEN ROAM 11/12 in au in VI m m m 2*l vn m 12/2 2H2 «1 10.1 111 I*l 21/1 2*/ l a/i V 2 an W2 HAVRE M VI VI 12/1 IVI a/i m on »i w IV2 m
      502 words
    • 466 25 EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE L.J BONTANG/16WB SRIWIJAYA/25W8 KUTAI/16WB Subject to Inducement. Also Accepting cargo to Casablanca, Port Said, Port Alexandria, Genoa, Trieste. ALSO ACCEPTING BOTH CONTAINERS CONVENTIONAL CARGO VIA T/S TO UK PORTS. HULL. LE HAVRE OSLO COPENHAGEN AARHUS GOTHENBURG AND HELSINKI EKA JAYA AGENCIES SlHBAf9flt T«fc
      466 words
    • 371 25 Page V BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR SHIPPING COBPOMTIfIM (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok MTONEYWA V24OW 12/U Dec PA AN VI3IW 10 Nov/t Dec Z PAGAN V 134 15/17 Dec c 9W T AINPR FRWirp HEAvy lift capability NORTHBOUND TO UKC TAMAITAI
      371 words

  • Page 26 Advertisements
    • 637 26 Q K LIN* KAWASAKI KISEN KAISHA, LTD. ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE N. AMERICA-ATLANTIC COAST •PK/PNG 6/12 14/12 21/12 28/12 SGP LB 8/12 31/12 15/12 7/1 22/12 14/1 29/12 21/1 ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE N. AMERICA PACIFIC SOUTH-WEST EUROPE (Member of ACE) KOREAN
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    • 275 26 C^aA>vO\vH^ ii^i-rrrw Accepting LCL and containerised cargo** Dir*ct to South Africa Accepting Containers Only VAAL 6739F VENTO 1004F NEDLLOYD COLOMBO 6838F OSAKA MARU 6943F m Jmrdm JARDINE SHIPPING AGENCIES (REG *****4/ 00K) 200 CANTONMENT ROAD #12-06 SOUTHPOINT. SINGAPORE 02 Tel. *****11 TELEX NO RS ***** TERMINAL/CFS TH *****18 220 BOOKINGS
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    • 727 26 ■Oi J s. AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCLVFCL Containers TULS'DAS 38 Ml .DAS V4C TULSIDAS AAuDAS <41 TULSIOAS 40 P Ketang Penanj loading tor B« Feeder B» Feeder Frem Melt) Sydn Adel 26 Ok 21 Dec Frem Melt Sjfli AOel 24 lan 24 lan Frem Melt Sydn Adel ?4
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    • 502 26 GOLDEN LINE GUAM GUAN SMPfMG (fit) LTD U. T«M Afar Straat Singapore mm m I LINtS) Faa: STRAITS/PERSIAN GULF SERVICE GOLDEN HAVEN ColomboDufi* Dmw GOLDEN BIAPt Colombo KaradM Dub* CHINA SERVICE A VESSEL Hutnfpu ShMifkK S pore PI to Part WO Dac CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC
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    • 384 26 iMviiua y i/cvciii ifri %i 9 i joo PHIII OniCNT LIN€S PT€ LTD NEAO OFfiCE $3 RO4INSON ROAD -0? 1? AFRO ASIA BUILDING SINGAPORE 01C6 If Li > RS ***** PMILI fAK *****76 EttT/FM EAST FCI ft LCI Samtt ETA SINGAPORE DESTINATION DUBAI DAMMAN KUWAIT DONA. MUSCAT. BAHRAIN ABU DHABI
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  • Page 27 Advertisements
    • 917 27 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTD ft G*r\*ral Enquiries T«l: 278M77 Terminal CFS BOOKINGS 221X22 *****53 NEPLINE SON BHD 3UW7 NEPLINE SON BHD 2****** NEPLINE SON BHD *****5/62/660/62 *61 <627(62 NEPLINE SON BHD 2M040/2M041 re EU AUST TPAjSEA 27«5753 *****4. *****19 2 mill *****11 *****41 INWARO OUTWARO ENQUIRIES
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    • 490 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG, PENANG. KEELUNG, BUSAN. INCHON STRAITS/KOREA SERVICE Vessel s Name ETD BS S PORE PKLC REE BUSAN MOJI 'GIORIA 813N 23/11 04 06(12 «-WU (SKIP) 20 22/12 22/12 NO I DON AM HON 05-12 16 -U 12 M-OIU 0*4701 KlOl PN
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    • 763 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** f WLANC MESSRS MAI THONC SHIPPING 127 Penang Street. Pen»« Malaysia Cables JAYAPOH PENANG. Tel *****4******8 Tetei
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  • Page 28 Advertisements
    • 348 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 |34 Inn) FAX *****39 *****76 TELEX RS ***** A/B SSCMA RS ***** A B SSCAD r DSR-LINES VER DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MFMBER Of £ACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT E THAELMANN 8/88
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    • 94 28 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN S ACCORD Vlt CONTINENT Vli MEMICS ACE Vl6 KAIUKI VIS S ACCORD Vl7 CM remits ma nrar^rr^frrMi IQw UJCQBIKSIiSIGIEfIBIiSIiSI *We«kl» LCL services to K»ohsiung. Keelung Tokyo and Kobe FROM JAPAN TAIWAN n!MF7TTT IimnTTn!IPI.'BIJ:iWI^^»!^|'I kb^hbsii msmiEßis GSIBIE&IbitIIb3B3C3ESI^99 CONTINENT Vl(
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    • 136 28 i o ir 5* THE WORLD'S LEADING SHIP OWNERS KNOW SOMETHING YOU DON'T? For over two centuries, shipping companies from all over the world have been relying on \k The Royal Bank of Scotland tor assistance. With offices in New York, Singapore, V, Piraeus, Zurich, Hong Kong and London, we
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  • Page 28 Miscellaneous
    • 174 28 Regional Weather Vk i 4m •J v* X m m i sy 3 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Dec S, IMS >*d •tti S4 eed «n k rvo*% LIGINO R Thufwlerstof-n c y Sho*ff W#yj d*e<t*on ••ft) speed knots fco«n U Cloudy Sfc* ,nd<o,#d ~k<k tl» w
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  • Page 29 Advertisements
    • 1616 29 CSP SHIPPING AGENCIES PTE. LTD. TEL: *****66 (16 Lines) Tlx: ***** CSPFRT Fax: *****61 Hamburg West Germany Tiger Line Agents: BEN LINE AGENCIES (S) PTE. LTD. Telephone: 225 3522 Telex: RS ***** SHIPPING PTE LTD OFFICE: 11, KEPPEL ROAD *02-03 KEPPCI HOUSE Singapore mm TIMBER/BREAKBULK SERVICE HKG SABAH JAPAN GM3
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    • 342 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 1] IRAQI LINE IRAQ! STATE ENTERPRISE FOR MARITIME TRANSPORT WEST BOUND SERVICE ETA S PORE LOADING FOR R(V ALKINDI 10/12 Aqaba. Baghdad EAST BOUND SERVICE ETA S PORE LOADING FOR MV SINOBAD 20/12 (P KELANG 25/12) japan
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  • Page 30 Advertisements
    • 101 30 r SABAH, BRUNEI ANB SARAWAK FREI6HT CBNFERENCE FAR EAST/GULF GF ABEN ANB REB SEA PBRTS CBNFERENCE Notice to Shippers Congestion Surcharge The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted port and have reported and agreed on the following HODEIDAH As a result
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    • 640 30 TS FINE-LINER SHIPPING k& PTE LTD /0 Shenton Way W 0?C Mirina House. S pore 0707 TEL *****77 (8 Lines) TLX RS 77M1 FLINER FAX *****56 EUROPE SERVICE (FCL LCL) lunmt'rrii.Maii.pT; »/l 111,1 lU/1 115,1 17/1 Ml nil 23 1 TBN IIVI2 I m 171,12 llVl FAR EAST SERVICE (FCL
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    • 702 30 ZIM FULL CONTAINER SERVICE xcepting FCI/ICI cargoes to USA E«t t West Coast Cjfribbwn.Eist Canada HAITI Costa R*a El Salvador Cuatemala Honduras Vcnuuela P«ru. Ecuador Colombia via Mum, Trinidad Barbados Antiguj St' Lucia Montsarrat Guayana via Kinfston i !2* Hi zi* in m Mm IN KEELUNC IN NEW rORK IN
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    • 376 30 Everett Lines LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P Kelang* Singapore ROSEEVERETT 15/16 Dec MANOLOEVERETT Dec JOMNEVERETT 2507 Dec ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA, KOBE. NAGOYA, MOJI. TOKYO* AND OTHER JAPAN PORTS* ALSO ACCEPTING CARGOES
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  • Page 31 Advertisements
    • 453 31 Seabrfctafe fvwrmmmi i INTERCONTINENTAL LINES mmm mm a Scandinavian services WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM. RTM. L HAVRE. ANT. GENOA. ARAHUS, STOCKHOLM. HEL. CPU GOTBC. MARSEILLES. OSLO I ALL INLAND DESTINATIONS POINTS SEAIftSNSE m EAST. VIETNAM CHINA SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG
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    • 391 31 Consolidation Service PAPUA NEW GUINEA SIN: 18/12 PT MORESBY/LAE PACIFIC ISLANDS SIN: 23/12 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLANDS SIN: 6/12, 28/12 PORT LOUIS/REUNION 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 ***** JAVELIN SHIPPING PTE LTD
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    • 572 31 TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE JENHOL V 93N JENWEL V 94N 7/12 11/12 JAKARTA JAKARTA DESTINATION BANGKOK PORT KELANG HONG KONG. CHINA PORTS KEELUNG. KAOHSIUNG MANILA BUSAN KOBE, TOKYO SYDNEY. MELBOURNE. ADELAIDE. BRISBANE DUBAI CHITTAGONG LOS ANGELES ETA S PORE 9/12. 16/12 10/12 10/12. 17/12
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    • 570 31 GLORY NAVIGATION GROUP RE6ULAB LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' SP PKL P* BLW MOM GLORY SELATAN VI Voy 87 i Dec lOk 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO
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    • 362 31 PTC CONTAINER LINES FCL/ICI SERVICE PTC G-'OJP B CICJ" CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL un ujgißgm 29/12 HAIRATAN/KABUL/TOURGHUNDI General Agent* POH TIONG CHOON SHIPPING (PTE) LTD TEL: *****66 FAX *****41 TLX t?***** t Port Kelang Agent SHAPADU TRANS SYSTEM SDN BHD TEL: *****40 FAX *****77 TLX MA*****
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  • Page 32 Advertisements
    • 465 32 Hai Sun Hup Co (Pte) Ltd L 1 1 TEL *****06 (20 Lines, TLX MS ***** &RS ***** ft. I \SII K\ \K I INI R. I I I). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! VOV. NO. S pore P. Kelang Kuantan ASIAN CLIPPER 111 Sailed In
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    • 441 32 -T 0 COLUMBUS LINE REEOERE! GMBH X'jg (A SERVICE OF HAMBURG-SUD) W" EXPRESS SEMkCONTAfCR SERVICE TO (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE COLUMBUS NIUGINI V2S 18/12 Port Moresby. Lae. Rabaul TAYBANK V6S 2/1 Port Moresby. Lae. Rabaul. Kimbe Accepting LCL cargo for main ports discharge and also to Wewak, Kavieng, Alotau.
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    • 184 32 tafca 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 I THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 SMQAPOftE i'f 4717; 'rTI V T GENERAL
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    • 541 32 /M CALL US AT: P. KELANG PENANG J. BAHRU P GUDANG SINGAPORE is K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3. *****5. *****0. *****1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE REGULAR FAR EAST/MEDITERRANEAN CONTAINER SERVICE WEEKLY STRAITS/ TAIWAN/ JAPAN CONTAINER SERVICE FAR EAST/AUSTRALIA CONTAINER SERVICE PENINSULAR/EAST MALAYSIA/BRUNEI SERVICES PERDANA
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