The Business Times, 14 December 1988

Microfilm: NL16404
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, DECEMBER 14, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    241 1 AFP Dow down WALL STREET shares reacted to a higher-than-expected gain in November retail sales by falling slightly in early trading. The Dow was down three at 2137. Decliners led gainers by about two to one. Reuter Footsie up LONDON shares consolidated early gains by mid-session on
    AFP  -  241 words
  • Article, Illustration
    S'pore edges up as regional markets dip
    216 1 THE Singapore stock market bucked the trend in regional markets by posting a modest increase in active trading yesterday. The Straits Times Industrial Index edged 1.11 points higher to 1,002.51, while the Business Times Composite Index rose a point to 888.94. The hotel
    216 words
  • Article
    Australian dollar falls against greenback
    126 1 OFFSHORE SELLING, rumoured to have been by the Bank of China in Hongkong, drove down the Australian dollar to below US$O.B5 against the American currency in Sydney. The Aussie dollar ended at U550.8485, down almost one US cent from Monday's close of U550.8575. It has
    126 words
  • Article
    Lock icon Tokyo adopts plan to de-regulate economy, promote imports
    351 1 Reuter JAPAN adopted a wide-ranging programme yesterday to ease government control of the economy and open up its markets to imports in a new drive to reduce a huge trade surplus. "This deregulation is indispensable for improving the life of the general
    Reuter  -  351 words
  • Article
    Lock icon Sumita gives warning on inflation
    127 1 AFP THE BANK of Japan governor Satoshi Sumita warned yesterday that upward wage trends and increasing consumer demand could lead to an increase in inflationary pressures "If the current wage stability is disrupted, it could weaken the ability of the Japanese economy to resist the
    AFP  -  127 words
  • Article
    Major hotels to raise room rates by 10-20pc
    561 1  -  FIRST INDUSTRY-WIDE INCREASE IN MORE THAN FIVE YEARS By ELAINE KOH MAJOR HOTELS in Singapore are expected to raise their room rates by 10 to 20 per cent in the first industry-wide rate increase in more than five years. Most of them
    561 words
  • Article, Illustration
    Secular politics indispensable: PM
    541 1  -  By MARTIN SOONG THE CHANGING religious profile of the population reflected in an increasing number of fundamentalist Christian and Muslim MPs means Singapore's sec-ond-generation parliamentarians must be "extra aware" of maintaining a secular approach to politics, said Prime Minister Lee Kuan Yew yesterday. Through the last
    541 words
  • Article
    Output from electronics sector poised to hit $20b
    472 1  -  By BOEY KIT YIN ANNUAL OUTPUT from the electronics industry is set to hit a record $20 billion this year, an increase of around 30 per cent from 1987. Riding on buoyant demand, the industry shipped some $15.8 billion worth of made-in-Singa-pore
    472 words
  • Article
    Lock icon Warning on unemployment in Johor
    172 1 Bernama SINGAPORE'S decision to stem the flow of foreign workers, including workers from Malaysia, is expected to worsen the unemployment problem in Johor, the state legislative assembly was told yesterday. Khoo Che Wat of the Natiohal Front spoke of the "return" of many Malaysian workers,
    Bernama  -  172 words
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      175 1 Iml NO M VGLI Ontrrputnt «0T W I >n hard Road Singapore 1 Trl ~1~ 4S<m fiifuT- (filler j »1»1 4h i )ri Smftaporr iWJJ VI )pen Da v from 10 ol> jn> to 8 0U prn Full Report, PAGE 16 Regional Mkts, PAGE 18 Thorn EMI Rentals How to
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      201 1 Editorial Comment: 10 Working mothers need support Profile Polytechnic graduate makes good Soviet Sputniks 10 Moscow pitching at US The Philippines 11 Business report sparks row Construction consultancy 2 Export market has shrunk Salary survey 3 Higher starting pay in finance Aaaan 4 Summit on Pacific Rim issues Canada 5
      201 words
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      Page 1 Advertisements Column 3
      8 1 Tokyo banks gear up for changa, PAGE 18
      8 words
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      55 1 Ik'i »01 18 Butldtng Neil 10 Lido T neatre. te< T***** »02 55<56r58 As ma At'.J T®. *****25 «<J2 ?3 Pi aza Svngap-'a V *****29 FUTURE OF AUTO-FOCUS PENTAX in High-performance AF system User-friendly command/display system Built-in retractable auto flash Simple programmed exposure operation A Rank O'Connor's 98 Pasir Pining
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  • HOME NEWS
    • Article
      Construction exports dive
      538 2  -  Foreign governments scale down projects By LILIAN ANG AFTER a tew good years, the export market for construction consultancy has shrunk. Latest figures from the Construction Industry Development Board showed that Singapore consultants secured work on projects worth $373 million for the first 11 months this year,
      538 words
    • Article
      Court orders renaming of Boyden Associates
      295 2  -  By WILLIAM CHIA HEADHUNTING firm Boyden Associates has been renamed Consulting Shoppe following a High Court order that it refrain from carrying on business in the name of Boyden. Arthur Loke Partners, lawyers for Boyden World Corporation, said yesterday that the head of Consulting
      295 words
    • Article, Illustration
      'NZ an easier place to do business now'
      308 2 NEW ZEALAND is today an easier place to do business. said Mr Stephen Bryant, the first Trade Commissioner of the re-cently-established New Zealand Trade Development Board (NZTDB). Unfortunately, there is a misconception that New Zealand's market is very protected, like a fortress,
      308 words
    • Article
      OCBC cuts rates for commercial and industrial property loans
      355 2 OVERSEA-CHINESE Banking Corporation last night fired the latest salvo in the battle for commercial and industrial property loans when it announced a cut in its interest rates for such loans. From today, the bank charges a quarter of a percentage point
      355 words
    • Article
      Exhibition to help boost export links
      242 2 EXPORTERS CAN look up a wide range of services available to help them market overseas during the Trade. Development Board's Export Services International '89 exhibition. To be held at the World Trade Centre from Oct 18 to 21, the exhibition will feature a wide
      242 words
    • Article
      US$20,000 aid for Armenia
      99 2 THE SINGAPORE government has sent a message of condolence and a contribution of US$2O,OOO to help the earthquake victims in Armenia. In a statement yesterday, the Foreign Minister. Mr Wong Kan Seng, told his Soviet counterpart, Eduard A Shevardnadze: "I had expressed to Ambassador Mr Anatoli
      99 words
    • Article
      MEMO PAD
      379 3 Seminars and Courses _C E G CAHNERS EXPOSITION GROUP Tel *****13 Tlx RS ***** CEGSP Fax *****66 Dec 14-16 Developing on Effective Training Officer Dec 14 and Producing a Business 21 Plan for Effective Sourcing of Finance Dec 15 and Implementing Advanced 16 Industrial Engineering Techniques Dec 15-16
      379 words
    • Article
      Higher starting pay for graduates in finance sector
      439 3  -  Peat Marwick survey of salaries By WILLIAM CHIA NEW GRADUATES who joined the banking and financial sector this year received higher starting salaries than those in other business sectors, according to a survey by Peat Marwick Management Consultants. Depending on their course
      439 words
    • Article, Illustration
      Graduates must adapt and adjust: Dr Tay
      560 3  -  By SHOEB KAGDA WITH MORE PEOPLE obtaining university degrees, the spreading out of graduates into all kinds of jobs will be inevitable, said Dr Tay Eng Soon yesterday. Speaking at a lecture organised by the Political Association of NUS, he said graduates must
      560 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      291 2 Good ideas keep coming up Get all the performance of a desktop wherever business takes you. EL BackMt Supcrtwßt LCD. Easy on the eye wider arty lighting condition. 80 characters 25 hnes for text readability. 640 200 pixels for CGA graphics. Screen adjustable from 0* to 18CT for widest possible
      291 words
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      5 2 H«lp for Armenia, PAGE 5
      5 words
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  • Page 3 Advertisements
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      150 3 Competitive Rates! On Credit POSB. The most affordable way to own your home. Our home financing package makes home ownership more affordable. No frills. No strings attached. No catches. Just the most practical terms so that you own your home without too much hardship. Consider: Competitive interest rates: Ito 5
      150 words
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      Page 3 Advertisements Column 2
      219 3 There's one open system so open its installed base is growing faster than any other: UNIX. And there's one company strategically committed to open systems: «fw ft All open systems are created equal. That's the whole point of standards. But all vendors aren't. That's the point of this advertisement. Demand
      219 words
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    646 4 ARRIVALS Operator Service Local From number time CAl CI342 1305 LUX/DXB SiA SQI07 1305 KUL SIA SQ1 1330 SFO/HNl/HKG SIA MH/ 1355 LGK/P€N SQ191 SU SQ109 1405 KUL su SQ455 1410 BWN THA TG405 1420 BKK/HKT RBA BI302 1425 OXB GIA GA962 1435 CGK SiA SQ61 1435
    646 words
  • ASIA-PACIFIC
    • Article
      Lock icon Asean envoys arrive in San Diego for summit
      414 4 UPI ENVOYS from the six-member nations of Asean have arrived in San Diego for a historic two-day summit on Pacific Rim economic and foreign policy issues. The Dec 13-14 meeting of Asean, which is the United States' fifth largest trading partner, was
      UPI  -  414 words
    • Article, Illustration
      Lock icon Chun will not face criminal charges
      478 4 UPI THE PROSECUTION in South Korea will investigate all those involved in irregularities under ex-president Chun Doo Hwan but Chun himself will not face criminal proceedings, prosecutorgeneral Kim Ki-Choon said. Mr Kim. who was appointed to the top prosecutor s post last week, said
      UPI  -  478 words
    • Article
      Lock icon Little done to rescue economy, says Hanoi
      170 4 Reuter VIETNAM'S communist leaders have conceded little was done this year to improve the chaotic economy but have committed themselves to promised reforms. Editorials in the ruling Communist Party newspaper Nhan Dan on Monday painted a bleak picture of low morale, hunger, high
      Reuter  -  170 words
    • Article
      Lock icon Afghan carpets to help bring in foreign exchange: officials
      363 4 AFP THE AFGHAN GOVERNMENT has begun to bank on the domestic carpet industry as a way to earn foreign exchange and support the country's warbattered, crumbling economy, officials said. Kabul's communist regime has drawn up promising marketing strategies and ambitious targets
      AFP  -  363 words
    • Article
      Lock icon Tokyo acts to cut work week
      135 4 AP IN A MOVE to reduce the work week in Japan, government offices and courts will be closed on the second and fourth Saturday each month beginning in January, officials said yesterday. The decision to close on alternate Saturdays, made during the morning Cabinet
      AP  -  135 words
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      296 4 |l I I II j The business person's choice every |i I I II II Tuesday, Thursdoy, Saturday and Sondoy rl I ml %l Leaving Changi Airport at 22 05 JL 1 V 7 I hours and arriving Heathrow eorly the following morning Coll your Travel Agent or Air Canada
      296 words
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  • REST OF THE WORLD
    • Article
      Lock icon Businessmen want Soviet decree clarified
      475 5 FT FOREIGN BUSINESSMEN in Moscow had been urgently seeking clarification of the latest Soviet decree on foreign trade and investment, including new concessions for joint ventures, and a promised 50-per cent devaluation of the rouble for trade transactions. There was a general welcome on Monday
      FT  -  475 words
    • Article, Illustration
      Lock icon Help for Armenia — from trained dogs to tea
      434 5 Help for Armenia from trained dogs to tea AP TO HELP SURVIVORS of a Soviet earthquake, people all over the world are doing what they can: Alaska sent dogs to sniff out the trapped, Kenya sent tea to warm the chilled, and a US millionaire hand-delivered a US$l million cheque.
      AP  -  434 words
    • Article
      Lock icon Stage set for signing of African peace protocol
      292 5 AFP THE SCENE was set for the signing in Brazzaville, Congo, yesterday of the Brazzaville Protocol on Cuban troop withdrawals from Angola and independence for Namibia from South African administration. The protocol is believed to provide for a phased Cuban troop pull-out
      AFP  -  292 words
    • Article
      Lock icon PLO must renounce terrorism, recognise Israel before talks: US
      254 5 AFP THE US GOVERNMENT on Monday urged the Palestine Liberation Organisation to renounce terrorism explicitly and recognise Israel before a substantive dialogue can take place. "We've put forward some very clear-cut requirements, which are necessary to satisfy to enter into a
      AFP  -  254 words
    • Article
      Lock icon Bush warned on arms sale
      96 5 Reuter A US SENATOR and two members of the House of Representatives has disclosed they had warned President-elect Bush that he would face a battle with Congress if he went ahead with a reported proposal for a major new arms sale to Saudi Arabia. Congressional
      Reuter  -  96 words
    • Article
      Lock icon What Christmas means to Americans
      155 5 AP MOST AMERICANS intend to spend at least US$2OO on Christmas gifts this season, and one in four will spend at least US$5OO, a Media General-Associated Press poll shows. Given those expenses, it's not surprising that a vast majority of Americans 85 per cent say
      AP  -  155 words
    • Article
      Lock icon Louis XVI 'acquitted'
      123 5 Reuter GUILLOTINED French monarch Louis XVI has been acquitted by the French public in a mock trial held to mark the 200 th anniversary of the French Revolu- tion. Voting by telephone and computer on Monday, 55 per cent of those who watched the French television drama
      Reuter  -  123 words
    • Article, Illustration
      Lock icon Canada looks to new era of opportunity with free trade
      499 5 Reuter CANADA'S re-elected Conservative government opened a new session of Parliament on Monday promising a new era of opportunity with quick passage of legislation implementing free trade with the United States. But leaders of the two opposition parties, the Liberals
      Reuter  -  499 words
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      98 5 INTERFLUG TO BERLIN NOW, TWICE A WEEK Every Tuesday and Sunday, 7.30 pm. With convenient connections from Berlin (Schoenefeld Airport) to Amsterdam, Athens, Bucharest, Budapest, Copenhagen, Leningrad, Milan, Moscow, Prague, Rome, Sofia, Warsaw and other European cities. Plus frequent bus service from airport to West Berlin. For reservations GFRMAN Dl
      98 words
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      Page 5 Advertisements Column 2
      145 5 "Why is KLM always expanding its business connections?" "They want to be ready when you pand your business!' i •-i When your business is on the move, you need an airline that keeps up. That's why KLM continuously expands its network offering flights to 1 38 destinations in 77 countries
      145 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      181 5 Y//H Va Mm/ Note Min (°C) 31/15 Fine 09/06 Cloudy 12/04 Clear 24/17 Cloudy 29/17 Clear 25/24 Cloody 05/00 Cloudy 17/15 Sunny 04-02 Cloudy unav 21/17 Cloudy 05/02 Showers 27/18 Rain 11/08 Cloudy 07/07 Rain 29/15 Rain 20/11 Clear 11 -08 Cloudy 23/07 Fine 23/15 Rain -3-20 Cloudy 09/07 Cloudy
      181 words
    • Miscellaneous
      Page 5 Miscellaneous Column 2
      70 5 Doonesbury OUR DATE! DON'T YOU REM EMdER? JEREMY, OUR LUNCHEON ISN7 UNTIL ONB O'CLOCK* WORRY, JEREMY MRS D! CAVENDISH'. IDIDNT WHAT ON S&ANV- WtTHARE THING' you DOING BY GARRY TRUDEAU ITS NOT A LUNCHEON READY ANYMORE! rrs A FOOT- JEREMY BALL GAME' ANPfT I JUST STARTS ATI 2 30/ GOT
      70 words
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  • MONEY AND EXCHANGES
    • Article
      Untitled
      899 6 SINGAPORE: IT WAS another quiet day yesterday on the Asian front for all currencies except sterling and the Australian dollar. The loss of technical support at U551.8390 accelerated the pound's drop to the day's low of US$l.B3lO/D-mark 3.1950. Since the high of 1.8725 last Monday, it has slipped four US
      899 words
    • Article
      Untitled
      199 6 ASIAN DOLLAR deposit rates ended at their opening levels in quiet trading yesterday us$ OFFEB UD 7 doyt 8 11/16 8 9/16 1 nmitti 9 11/16 9 9/16 2 morttw 9 9/16 9 7/16 3 moMh 9 1/2 9 3/8 6 iimiita 9 7/16 9 5/16 9 nmwta 9 1/2
      199 words
    • Article
      Lock icon Simex
      473 6 Reuter EURODOLLAR futures closed slightly higher on light buying and position adjustments in quiet trading on Simex yesterday. Sentiment was helped by a steady dollar but operators were unwilling to take large positions ahead of this week's release of key US economic data, including today's October trade figures. Participants
      Reuter  -  473 words
    • Article
      Money markets
      64 6 THE OVERNIGHT rate on the Singapore money market rose 3/8 point to close at 5-1/4 per cent yesterday. One month fell 1/8 point, while two and three months each fell by 1/16 point. > S$ Interbank rates at the dose yesterday: OHH MO <*#• 5 1/4 5 1-marrf,
      64 words
    • Article
      Options
      887 6 CURRENCY FUTURES OPTIONS Tuesday D*c 13, 1988 0CUT8CHCMARK (SIMEX) iw M eaN* Wgli Low Satt Jan High i as pwta Law Sa8 54 55 56 57 5< 59 60 205A 12A MRc* High Law 200 62 27 10 Soft Pa* SSpeta 3 4 11 31 71 136 52 Mar
      887 words
    • Article
      IMM
      227 6 IMM foreign currency futures ended lower in thin trading on Monday, depressed by position squaring ahead of today's October US trade data. Most contracts hit their lows early and then drifted upwards in slow activity, ending in the top of daily ranges. Prices came under pressure as participants evened
      227 words
    • Article
      Comex gold/silver futures
      181 6 Gold futures on Dec 12 1988 100 troy ounces. USS per troy ounce Opon High Low IMM Dac 421.30 421.50 419.20 420.10 -280 Jon 89 422.40 •3 00 Fob 425.50 426 00 423.80 424.60 -3.00 Apr 430.50 431.10 429 30 430.10 -3.00 Jun 436 30 436 80
      181 words
    • Article
      Goverment securities market
      111 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity MO OfftR HIGH LOW 3 months BQ*****H 09.03.89 3.90 3.85 3.90 3.90 6 months BY*****Z 23.03.89 3.90 3.85 1 y*or BY*****H 23.11.89 4.32 4.27 4.26 4.26 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      111 words
    • Article, Illustration
      World interest rates
      169 6 Indicate* Mm ivtfiQt of tt>s prime tending rates of 12 major banks In S'pora Interbank market rates (offer/bid) on Dec 13 us$ DM SWFC Y«fl dor» ill/16 •a i/a i/4 3 3/16 1/16 3 1/4 3 4 13/16 11/16 9 s/« i/a 13 ia 7/t 3 13/16—
      169 words
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      213 6 At Carlton's Wah Lok, no less than seven chefs from Hong Kong can create more than seven hundred dishes. There are not seven hundred dishes on the menu every day at the Wah Lok. But in the retentive memories of the seven chefs there is a cornucopia of Cantonese cuisine.
      213 words
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      0 6 {:*\>:]<.)=%-~|\~]{_%,"^<~`$`=&
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  • BANKING AND FINANCE
    • Article
      Lock icon Bernama gets M$16.5m loan from two banks
      311 7 Bernama THE Malaysian national news agency, Bernama, on Monday secured a Msl6 5 million syndicated loan from two banks to refinance the existing loan for its building at Jalan Tun Razak. The participating banks are Permata Chartered Merchant Bank Bhd (PCMB) which lead-managed
      Bernama  -  311 words
    • Article
      Lock icon Nikko Securities cements ties with US mergers firm
      414 7 NYT THE BLACKSTONE Group, a New York investment banking firm specialising in mergers and acquisitions, has tightened its link with Nikko Securities Inc, the third-largest securities firm in Japan, the two companies announced on Monday. Nikko has invested US$lOO million in Blackstone,
      NYT  -  414 words
    • Article
      Loans to commerce, manufacturing down
      349 7  -  BANKERS DIVIDED OVER REASON FOR DECLINE By DEXTER LEE TOTAL BANK LOANS to the general commerce and manufacturing sectors fell in September, reversing the upward trend both sectors have been enjoying since January this year. According to the latest statistics from the Monetary Authority of
      349 words
    • Article
      Merchant bank Pierson Asia launched
      216 7  -  By QUAK HIANG WHAI HOLLAND S PIERSON, Heldring Pierson plans to make Singapore its central private client asset management and money market centre for South Asia and South-east Asia with the launching of its new merchant bank here, Pierson Asia Ltd. Mr Lucas H Wurfbain,
      216 words
    • Article
      Lock icon Economists expect Fed to raise interest rates
      305 7 AP POLICY-MAKERS at the Federal Reserve are poised to drive interest rates higher in an inflation-fighting effort that would put the American central bank on a collision course with the administration of presidentelect George Bush, private economists in Washington said on Monday. Many
      AP  -  305 words
    • Article
      Lock icon Hopes of slower inflation rise in Britain
      150 7 AP BRITISH retail sales fell by a larger-than-expected 0.5 per cent in November as producer prices rose 0.3 per cent, less than forecast, the British government said on Monday, raising hopes that higher interest rates were slowing consumer spending and inflation. Chancellor of
      AP  -  150 words
    • Article
      Lock icon US banks post record profits
      381 7 AP US COMMERCIAL banks enjoyed record profits in the July-Septem-ber quarter, but a top regulator has cautioned about an increase in bad loans and rising bank involvement in leveraged corporate buyouts. The Federal Deposit Insurance Corp said the 13,239 federally insured commercial banks earned US$5.9
      AP  -  381 words
    • Article
      Latin America wants urgent cut in debt
      382 7 SEVEN LATIN American nations had ended a meeting in Rio de Janeiro with a call for urgent cuts in the region's US$435 billion debt. "It is a threat to the stability of the democracies," Brazilian Finance Minister Mailson Nobrega said of the debt
      382 words
    • Article
      Lock icon Key witness in Yugoslav finance scandal attempts suicide
      210 7 Reuter A KEY WITNESS in Yugoslavia's biggest finance scandal has tried to commit suicide by shooting himself in the head, doctors said on Monday. Mujo Kostic, a witness in the scandal involving up to US$l billion of false promissory notes issued by
      Reuter  -  210 words
  • Page 7 Advertisements
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      48 words
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      107 7 iV ®\N\W>^ nO« oS When <***"" the honzon sit bock and enjoy the^e" from the top At The p,nnacleWhere V° u can fitly p nd on the clouds Then d>ne supe** orC W«* and Wester cuisine 40'sto Dance to kvem' asicfrom the tpe^O s W 2Bo r etres abcw® t^gro
      107 words
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  • COMMODITIES
    • Article
      Lock icon Jakarta sees rival in new rubber market
      257 8 Reuter THE PLANNED START in London of screen-based trading in rubber futures could help Indonesia's rubber sales but will pose a challenge for its own planned futures market, Commodities Exchange chairman Marzuki El Dhahar said. "It will be our competitor because we are
      Reuter  -  257 words
    • Article
      Lock icon 'Call for Opec summit is premature'
      134 8 UPI AN ARAB oil minister on Monday dismissed as "premature" Venezuela's call for a summit meeting of Opec heads of state to boost world oil prices, saying the cartel should work instead to increase its market share. "I do not believe a summit could
      UPI  -  134 words
    • Article
      Lock icon Crude Oil and Products
      164 8 Telerate FUEL oil prices dipped slightly lower in quiet trade yesterday. Traders cited the poor buying interest from Japan and high supplies of prompt and January CST-180 lots in Singapore as likely factors that would push current levels lower in the near term. In addition, a
      Telerate  -  164 words
    • Article
      Lock icon Indonesia plans to build two refineries
      143 8 AFP INDONESIA plans to build two new oil refineries in the next five years to bolster exports of oil products, a spokesman for the state oil company Pertamina said yesterday. The first facility to be built on Java island would be able to process
      AFP  -  143 words
    • Article
      Saudi Arabia may further cut spending next year
      88 8 SAUDI ARABIA may make further heavy cuts in its spending in 1989 as oil revenues drift at their lowest levels in 15 years. Diplomats and economist in Nicosia predicted on Monday that the kingdom could chop as much as 10 per cent
      88 words
    • Article
      KL Tin
      124 8 RENEWED strong buying demand, supported by the rlnggit's weakness against the US dollar, saw the KLTM price Arm seven cents to M 519.71 a kg. The lower 90 tonne offering by miners against Monday's 102, coupled with continued strong European and local buying, aided sentiment. Japaneee buyers withdrew
      124 words
    • Article
      Palm Oil
      397 8 MALAYSIAN CRUDE PALM OIL FUTURES closed easier in fairly active trading on the KLCE yesterday. Dealers said prices came down partly because of sluggish demand for the commodity. Reports that Pakistan would purchase 6,000 tonnes of Malaysian palm oil had a limited effect on the market. December fell
      397 words
    • Article
      Rubber
      288 8 SINGAPORE: Rubber prices ended lower yesterday with January 1 RSS buyer quoted at 210 00 cents a kg, down four cents from Monday's close Prices lost 4.50 cents in quiet morning trade on some speculative selling following an easier Japanese rubber market. Prices moved little in thin afternoon trading.
      288 words
    • Article
      RAS and MRELB
      277 8 R AS priCGS In S c*nte/kg, FOB In bata NOON CLOSE Buyon S*ll*rt Buyon Sollort Int 1 RSS Prompt 207.00 208.00N 208.00 209.00N lot 1 RSS Jon 88 209.50 210~5 ON 210.00 211.00N lot 1 RSS Fob 211.50 212.SON 212.00 213.00N Int 2 RSS OP 203.50 205.50N
      277 words
    • Article
      SSR and SMR
      77 8 (canh/kg) JANUARY 1989 FEBRUARY 1989 (currant month) (forward month) RAS NOON NOON ■vy*n S«HT» Bwy»n SSB 20 193.00 195.00N 193.00 195.00N SS» 50 191.00 193.00N 191.00 193.00N MRELB lwy*n luy*n S*ll*n SM» cv 311.00 313.00N 313.00 315.00N SMI I 306-50 308 50N 308.50 310 JON SM» s
      77 words
    • Article
      Precious Metals
      324 8 HONGKONG: Gold closed unchanged from New York's level in quiet, thin trading yesterday. Bullion ended at US$4l9 90/420.40 an ounce against an initial U*****.10/60. On the local market, gold fell HK$7 to close at HK53,919 a tael. Coins were generally lower with the Krugerrand falling HK$5 to HK53.270.
      324 words
    • Article
      Produce Prices
      166 8 Chinese Produce Exchange Sollort' noon doling prlcat on Doc 13 (SS/100 kg) Coconut oil ht FOB 113.00 OW drum FOB 123.00 N*w drum FOB 127.00 Copra Mlx*d (too**) 66 itllin Pepper Munfofc whl»* FOB NLW 730.00 Sorawok whit* FOB foq NLW 720.00 Sorawak ip*dol block FOB NLW 460.00
      166 words
    • Article
      London markets
      294 8 London Commodity Exchange Buyer/Seller dosing prices on Dec 12, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee (ash bt-sfor* London, Milers option CIF London Jan 1115/1114 (1101/1105) High/Low 1115/1104 Mar 1119/1120 (1106/1107 High/Low 1119/1104 Sales (2362) Cocoa Dk 795/797 (805/806) High/Low 805/792 Mar 824/825 (835/836) High/Low 837/817
      294 words
    • Article
      Soybean and Wheat
      175 8 WEEKEND rain in some South American soybean regions and forecasts for more weighed on CBT soybean futures and closed nearby contracts lower on the Chicago Board of Trade on Monday. Buying and selling was mixed among commercials, commission houses and professionals. January soybeans closed down 4-1/4 cents
      175 words
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      Page 8 Advertisements Column 1
      103 8 Discover a collection of your favourite designer names Today s fashion leaders like Bally. Jean Philippe Givenchy. Christian Dior and Lanvm Names that are symbols of sophistic at ion elegance and a rich way of life All at Chanrai. V A V V s BONERS' BOUTIQUE Come experiment with all
      103 words
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      Page 8 Advertisements Column 2
      11 8 11l Showroom: #03-28 Raffles City Shaping Centre Tel: 338 8135/338 8468
      11 words
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      Page 9 Advertisements Column 1
      296 9 Merrill Lynch Private Client 2000 years of experience i sit down with a A They can provid When you sit down with a Merrill Lynch Financial Consultant you're getting a world 1 of resources. Not the least of H these is a wealth of local market experience and understanding. Our
      296 words
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  • PERSPECTIVE
    • Article
      Working mothers need support
      533 10 RATHER confusing signals are being sent to Singapore women. They are recognised as a vital component of Singapore's preciously limited pool of labour. With the labour market ever tightening as the economy expands, the government quite rightly urges economically inactive women, particularly those who dropped out
      533 words
    • Article, Illustration
      Engineered for success
      1626 10  -  When Francis Kang completed secondary school in Singapore, he lied to get a place in the Singapore Polytechnic. Today, he has a Masters of Science degree and runs a successful company in England. DICK WILSON profiles the Johor-born entrepreneur whose first job was selling rambutans for pocket
      1,626 words
    • Article, Illustration
      Lock icon Selling Sputniks to Nasa
      794 10 NYT SOVIET SALESMEN, ignoring United States barriers to trade, have put their foot in the door. With displays of rugs, furs, robotic tools and about 4,000 other items at the newly-opened Soviet export goods exhibition at the Jacob K Javits Convention Centre in New York, the
      NYT  -  794 words
    • Article, Illustration
      Confidence in Manila
      804 11  -  Hypothetical situations: civilian-military junta, US leaves bases By AL O LABITA Jr A JAPANESE-FUNDED SURVEY of business confidence in Manila s probable political and economic scenario has touched off a storm of controversy, placing an internationally-known private think tank in a tight spot. The survey, conducted by
      804 words
    • Article, Illustration
      Lock icon Whither Kenya?
      572 11 AP THE EAST AFRICAN nation of Kenya celebrated its 25th anniversary of independence on Monday, its famed game parks full of tourists, its economy growing and towering buildings rising along the broad, tree-lined avenues of its capital. But while Kenya is often singled out by the capitalist West
      AP  -  572 words
  • Page 10 Advertisements
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      954 10 S&n i n vtlcUiOTi /o RETAIL, PRIVATE, PERSONAL AND INDEPENDENT BUSINESS BANKERS and all concerned with the provision of consumer financial services to attend the Ist INTERNATIONAL RETAIL BANKING AND FINANCIAL SERVICES CONFERENCE Westin Plaza Hotel, Singapore 16 17 March 1989 A revolution has been sweeping the banking and financial
      954 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      53 10 ,'ff jj™'""l V-iOU) uMFoRTUNATeLV SajJOOM GOOD PHORMING nR 'ney?j hp\S 6e^ r [vsj^~*Njy -i rh seu.mG> T»c<eTs ,J> p\ sught "Tve f\Rm l s P»nnubl Vjn Ffcicernis ycaipj P\ND DP\KC£ MOlo r, -p UOJID you L IKF. !_y IL I Ly (2^) ,cA VciV ~~!p "D l fcIN.HG bTANJAHO CO
      53 words
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      199 11 AND YOU CAN FORGET ABOUT THE PRINTER Because we're going to give it to you. Absolutely tree! It you choose 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
      199 words
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  • LEISURE
    • Article, Illustration
      Last Ballantine treasure chest found!
      690 12  -  ADVENTURE By SANGEETA MULCHAND You Treasure Hunters are far too smart The chests were found too quick. So this trail will be a devious one and more can now take part. Head on westward. A board directs you on your way. It leads you to
      690 words
    • Article, Illustration
      An enlightening exercise in harmony
      700 13  -  CULTURE By ASAD LATIF CULTURAL PROGRAMMES suffer from an undeserved handicap It is not unusual for the audience to think of them as a form of relaxation. People arrive, looking forward to an "easy" evening. They see and hear. And then they go away, thinking
      700 words
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      251 12 Where to entertain. 'i THE MONK'S BOWL DELIGHTS An authentic Chinese dish I] Generous portion of succulent pork, diced and stir-fried Presented in a lovely golden brown taro bowl, with Chinese wine, black pepper added in for that exquisite taste Available only in December at the Meisan Szechuan Restaurant on
      251 words
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      Page 12 Advertisements Column 2
      205 12 Bubbling, Simmering, Piping, Hot Steamboat Buffet. AT MING PALACE 7pm 10.30pm Select from: Fresh Big Sea Water Prawns Garoupa Meat Fish Balls Beet Chicken Cuttltish Crab Liver variety of vegetables varietv of noodles SSls++ per adult SSlO+ per child under 12 years. iN m mtnc PfIWCU A PUffO CuUKT ttCTCI.
      205 words
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      Page 12 Advertisements Column 3
      149 12 R?!f DIANXIN TEMPTATION! Treat yourself to a Delectable Dian Xin lunch. All-you-can-eat for only $12.50* per person Lunch Hours: 11.30 am 2.30pm Pius 10% service cx>ge 3% government to. HYATT REGBOTO SNGAPORE 10-12 Scons kooa Sftgaooe 0922 7 ei 733' '86 TAKE YOUR PICK AT PHOENIX At Phoenix Coffee House,
      149 words
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      Page 12 Advertisements Column 4
      211 12 irn Bum Dec I Jan I Lunch of dinner \dult> $14 50+ Chittrrn trkm 12 >r> $9 00+ Festive Prices: Wults $18 50 netl Children brio* 12>rs $11 50nett ln« lud»*> Special Christmas rakes Cafe Plaza V# a •jThal 0 Plaza Hotel >Al 24—hr Coffee\>louse>' (Level 5) Where the service
      211 words
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      Page 12 Advertisements Column 5
      164 12 V Public i Western and mm Chatterbox chicken rice beef steak with oyster sauce roast rib of beef carrot cake beryani rice nonya kueh mango pudding •fresh fruits chocolate mousse and much, much more! r.. BL 333 OrduwAßoad Singapore 0923. Td: *****11 The most popular buffet lunch renowned for its
      164 words
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      193 13 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 a roast or a choice
      193 words
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      Page 13 Advertisements Column 2
      69 13 Treasure Hunt The hunt is over... but we're still flying high. To the 12 intrepid (and incredibly lucky) treasure hunters who will be flying off on the AIR MAURITIUS Kenyan Safari Holidays... Congratulations! And to those of you who didn't find the booty... we toast your spirits of adventure. With
      69 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      638 13 CRYPTIC PUZZLE ACROSS 1 If you get stuck with this, it may well be that you've bought it! (5) 6 "Walter" fits him like a glove (5) 9 Silly soccer association out to change us (7) 10 Float on the North Atlantic (5) 11 Aspersions made with noted smoothness (5)
      638 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1342 13 TT3 cm GMDIXD The Nature Of Things Home Of The Birds 9.35pm, Channel 12 The number of sea-birds along the north shore of the St Lawrence River in Quebec is declining alarmingly. Overhunting and the removal of eggs have taken their toll and the population of these birds has dropped
      1,342 words
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  • SPORTS
    • Article, Illustration
      Some good and some not so good experiences
      424 14  -  By WALTON MORAIS LEADING AMATEUR pair Samson Gimson and Madasamy Balraj returned from China on Monday after experiencing mixed fortunes in two tournaments in the past fortnight. The pair had played in the Hongkong Open Amateur championship at Discovery Bay where Samson
      424 words
    • Article
      Lock icon Top soccer coach laments misuse of offside rule
      265 14 Bernama OMAN'S German coach has said that the existing offside rule in soccer is killing spectator interest in the sport worldwide. Many teams were exploiting the rule to stifle their opponents' attack and this was against the "spirit" behind the rule, said
      Bernama  -  265 words
    • Article, Illustration
      Lock icon Weight problem forces champion to give up title
      253 14 AP TOMAS MOLINARES of Colombia, the World Boxing Association welterweight champion, has renounced his title and cancelled a fight scheduled for Feb 4 in Las Vegas against American Mark Breland. Molinares gave up the title because he was having trouble keeping his
      AP  -  253 words
    • Article, Illustration
      Lock icon Former track hero jailed for smuggling steroids
      518 14 AP DAVID JENKINS, an Olympic silver medallist for Britain who turned to steroid smuggling to make a living, has been sentenced to seven years in prison and told that he allowed greed to ruin his life. "I can honestly say this is one
      AP  -  518 words
    • Article
      Lock icon A year of comebacks for NFC
      763 14 UPI THE NFC. which has had a dominant team arrive in time for the play-offs and win the Super Bowl in each of the last four seasons, has two dominant teams emerging down the stretch this year. The San Francisco 49ers and New York
      UPI  -  763 words
    • Article
      Lock icon Nixon upbeat about New York Giants' chances
      223 14 UPI RICHARD NIXON, who fancied himself as America's No. 1 football fan when he was president, watched the New York Giants defeat the Kansas City Chiefs on Sunday and then pronounced the Giants play-off-ready. Nixon, who lives in Upper Saddle River, New Jersey,
      UPI  -  223 words
    • Article, Illustration
      Lock icon Promoter out to sell soccer to Americans
      280 14 AP AFTER HIS SUCCESS in teach infl American football to soccer-mad Britons. Derek Brandon is preparing himself for an even tougher assignment: selling soccer to Americans. With the 1994 World Cup in mind. Brandon is planning a TV promotion in the US similar
      AP  -  280 words
    • Article
      Lock icon Tennis getting ready for a new order
      686 14 NYT THE NEW tennis season will begin in less than a month, allowing players just enough time to take a deep breath and restring their rackets. In the men's game, 1989 will be noteworthy because it is a lame-duck year for Nabisco, the
      NYT  -  686 words
  • Page 14 Advertisements
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      428 14 ADVERTISEMENT The business magazine people are talking about SINGAPORE *"k t ■*4 m si rl S3 tiess FROM SINGAPORE W3TH LOVE Local toy boys move into high-tech gear X k 1 FROM SINGAPORE BUSINESS WITH LOVE Whiz! Bane! Brrrr!Toys are supposed to reflect real life, right? Weil, two features of
      428 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon MUI shares find a home
      342 15 tcmtoq mm*** By HOCK LOCK SIEW NO SMOKE without fire, they say. Where Malaysian stock counters are concerned, experience nearly always shows how true this dictum could be. For a few days last week, the Multi-Purpose Holdings Bhd (MPHB) counter saw heavy trading as the
      By HOCK LOCK SIEW  -  342 words
    • Article
      Raleigh group's revamp passes the acid test
      821 15 IN ANY corporate restructuring, the ultimate test of the long term soundness of a structure is whether the companies within the group will make money. However perfect the corporate structure, if the companies under the umbrella holding company are losing concerns, the structure
      821 words
    • Article
      Lock icon Wilkinson to manufacture rubber gloves
      274 15 MBT THE WILKINSON Process Rubber Company (WPRC) is to invest M 51.44 million in a joint venture company to manufacture rubber examination gloves. The company will subscribe for 720,000 ordinary shares of Msl each and 720,000 redeemable preference shares of Msl each, giving it a
      MBT  -  274 words
    • Article
      Lock icon KLSE paves way for automated trading system
      383 15 MBT THE KUALA LUMPUR Stock Exchange (KLSE), which plans to introduce automated trading in stages from the middle of next year, is seeking to amend its trading rules to facilitate the introduction of the system. It is understood that a new rule is
      MBT  -  383 words
    • Article
      SingLand needs $470m to complete Gateway
      558 15  -  Development costs will take up $252 million By FOO CHOY PENG SINGAPORE LAND has estimated that it will have to pump in $470 million to finish building its Gateway project on Beach Road in early 1990, ahead of other major office complexes now being
      558 words
    • Article, Illustration
      Cerebos streamlines its structure
      504 15  -  By ANDREA BORCH CEREBOS PACIFIC Ltd has reorganised its senior management and six divisions to emphasise distribution and take advantage of developments in the Far East. Australia, and New Zealand. A significant improvement in Australia's and New Zealand's currencies was one catalyst for the group's restructuring,
      504 words
    • Article
      Raleigh raises pre-tax profit forecast by 17 per cent
      317 15 RALEIGH Bhd, soon to be re-n--amed Inter-Pacific Industrial Group Bhd, has raised its profit forecast by more than 17 per cent. This follows better than expected profits by two companies in its group. Subsidiary Berjaya Corp, which is 54.16 per cent
      317 words
    • Article
      Int'l Trust seeks to change name
      50 15 INTERNATIONAL TRUST Finance Ltd is proposing to change its name to Focal Finance Ltd in line with its proposed merger with Forward Oversea Credit Ltd. An extraordinary general meeting will be held on January 4. 1989 to seek shareholders approval for the new name
      50 words
    • SES
      • Article, Illustration
        Hotel counters in the limelight as investors re-rate sector
        811 16  -  by Jocelyn Toh HOTEL STOCKS took centrestage in the Singapore stock market yesterday as investors re-rated the sector, following in the footsteps of the Hong Leong group which recently took a stake in the Apollo hotel group. In an otherwise flat
        811 words
      • Article
        COMPANY MEETINGS
        120 16 SUNSHINE ALLIED INVESTMENTS Ltd: 27th AGM at 481 Tanglin Halt Road, on Friday, Dec 16 at noon. CHUAN HUP HOLDINGS Lid: 18th AGM at Enterprise Room, 4th Floor, Westin Stamford, Westin Plaza, 2 Stamford Road on Dec 19 at 10.00 am. METAL CONTAINERS Ltd: 18th AGM at The
        120 words
      • Article
        Unit trusts
        323 16 Managers' prices for Dec 14 MARA-Bumlputra First B'putra 6 47 652 Second B'putro 584 589 Singapore Unit Trust Third B'putra 433 438 The Commerce The Savings Fund S pore Prog Fund S pore Sec Fund S pore Invest Fund S pore Equity Fund 095 101 081 087 036
        323 words
      • Article
        APPROVED ISSUES
        51 16 Company OTHERS Ind Oxygen Restricted oHer for sale by Peg Ms.c of 54.I7V.750 ordinary shores of SO cents eoch in IOI 1 Offer Share) on the basis of 1 Offer Share for every 4 shares held at 65 cents per Offer Share Ex-dot* Dec S Books dose: Dec
        51 words
      • Article
        PROPOSED ISSUES
        304 16 Company RIGHTS ISSUE C 1 Holdings 27 million loon stocks in the ratio of $3 loon stock tor every live ordinary shares held D C Bank One tor two JO 75 pe- shore Duta Cons One-tor-one $1 10 per shore F A C B One for one $060
        304 words
    • Article
      SES SHARE INFORMATION
      5664 16 t*i Gr'a Gr's 1988 Company Last Vol Day Last Quote Dlv Dlv Y'ld Net M Cap High Low Cod* Sale or(000) High Low Buyer Seller C'vr P/E $mll DEC 13 SECTION ONE INDUSTRIAL COMMERCIAL 141 95 l e 1000 Acma 106 unch 5 106 106 106 107
      5,664 words
    • KLSE
      • Article, Illustration
        KL remains listless
        3288 17 SHARE PRICES on the Kuala Lumpur stock market closed mixed to easier yesterday in generally quiet trading. If not for the 15-million shares transacted in Sime Darby, total business volume would have dipped below 10 million units. Overall, weak sentiment was noted right from the opening bell
        3,288 words
    • REGIONAL MARKETS
      • Article
        Lock icon Tokyo banks gear up for change
        746 18 Corporate pension funds market rouse keen interest Reuter MAJOR LOCAL and foreign commercial banks and securities firms in Tokyo, currently barred from managing Japan's massive corporate pension funds, are gearing up to enter the business soon. Managers at the institutions say they are drawn
        Reuter  -  746 words
      • Article
        Lock icon Japan sees first big hostile takeover
        528 18 FT CORPORATE RAIDERS in Tokyo have seized control of Kokusai Kogyo. an aerial survey group worth 200 billion yen (US$l65 billion), in the first hostile takeover of a large Japanese company. Koshin, a speculative investment group, won control dramatically at an extraordinary general meeting
        FT  -  528 words
      • Article, Illustration
        Lock icon Directionless session
        513 18 I Tokyo Reuter TOKYO share prices ended a directionless session lower yesterday, with investors concerned over Emperor Hirohito's health and awaiting US trade data today, brokers said. "No one is sure where the market is going to go. The Nikkei achieved the target of 30,000 already and is
        Reuter  -  513 words
      • Article, Illustration
        Lock icon Slide extended
        561 18 Australia Reuter A TUMBLE in the gold price and falls in overseas share markets has prolonged the recent slide on Australian share markets. Trading was dull yesterday, with prices falling across the board in a market worried that US and Australian trade statistics due out this week could
        Reuter  -  561 words
      • Article, Illustration
        Shares finish lower in thin trading
        1402 18 Hongkong HONGKONG STOCKS drifted lower yesterday in thin featureless trade in the absence of fresh news or much activity from foreign fund managers, brokers said. "It was another dull day but there was some scant support around 2,600, said one analyst. He added that
        1,402 words
      • Article
        Lock icon Bangkok: Index up
        169 18 Reuter THE SECURITIES Exchange of Thailand Index rose 1.14 points to 388 96 yesterday on a turnover of 3.749,693 shares worth 279.17 million baht. DEC 13 BAHT j Ao Kham Thai 326 14 Ayudhya Investment 36 SO ♦05 Bangkok Agro-lnd 99 -1 Bangkok Bank 273 2 Bank
        Reuter  -  169 words
      • Article
        Lock icon Taipei: Prices slightly higher
        486 18 Reuter TAIWANESE share prices closed slightly higher yesterday after wobbling in a narrow range for most of the day, dealers said. The weighted index rose 37.19 points, or 0.6 per cent, to finish at 6,054.57 against Monday's 6,017.38 close. Turnover was NTJ34.04 billion against NT$35 83
        Reuter  -  486 words
      • Article
        Lock icon NZ: Lost ground recovered
        135 18 Reuter LEADING SHARES yesterday recovered some ground lost in recent weeks as the New Zealand market closed slightly higher on an improved tone, brokers said. The Barclays Index rose 4 35 to 1.764 64 "There is a little bit of confidence in the market at these
        Reuter  -  135 words
      • Article
        Lock icon Seoul: New high
        183 18 Reuter SHARE PRICES rose sharply in Seoul yesterday, pushing the index beyond Monday's record level, led by heavy institutional buying in financial shares, brokers said. Buying sentiment was fuelled by a central bank announcement that the economy was expected to grow at a real rate of 12.1
        Reuter  -  183 words
      • Article
        Lock icon Manila: Higher overall
        88 18 Reuter MANILA share prices closed generally higher yesterday as selected blue chip stocks surged and oils made impressive gains in moderate trading. The Manila Stock Exchange composite index rose 4.94 points to 762.84 points. "The rise in commercial/industrials was in anticipation of substan- tial profits next year
        Reuter  -  88 words
      • Article
        Lock icon Bombay: Sharp fall
        152 18 Reuter SHARE PRICES fell sharply yesterday after a firm start on the Bombay stock exchange, brokers said. They noted that selling pressure was triggered by reports that Tata Iron and Steel planned to issue convertible debentures. They said investors wanted to raise money to subscribe to the
        Reuter  -  152 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Shares close slightly lower
        845 19 New York Reuter WALL STREET stocks closed slightly lower in slow trading on Monday. Analysts said investors were unwilling to make major decisions in advance of several economic reports due this week, including October trade data scheduled for today. A few takeover situations rewarded speculators but
        Reuter  -  845 words
      • Article, Illustration
        Lock icon Equities show easier bias
        1016 19 London Reuter LONDON SHARES showed an easier bias at the official opening yesterday with an early batch of corporate results failing to have much impact on the wider market, dealers said. A modest 42 million shares changed hands in the first hour of business and at
        Reuter  -  1,016 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        2017 19 Reuter FRANKFURT: West German shares yesterday closed off the day's lows in trade kept sluggish by uncertainty over this week's crop of US economic data and the outcome tomorrow of Bundesbank deliberations on monetary policy. Dealers said the bourse had bottomed out after expectations of an increase
        Reuter  -  2,017 words
      • Article
        Lock icon Plessey seeks EC help to block takeover bid
        483 19 'Bid contravenes EC competition rules' FT PLESSEY. the British electronics group, has called on the European Commission to block the £1.7 billion (US$3.l billion) takeover bid from the General Electric Company of the UK and Siemens of West Germany on the grounds
        FT  -  483 words
      • Article
        Lock icon Pillsbury shuns higher Grandmet offer
        286 19 FT PILLSBURY has rejected an improved offer of US$63 a share from Grand Metropolitan as both parties appeared in court for hearings on the food group's poison pill, probably its last line of defence against takeover by the UK bidder. The court ruling, which could
        FT  -  286 words
      • Article
        Lock icon Sucden Kerry takes 17.5pc stake in Marimpex
        143 19 Reuter SUCDEN KERRY International, the world's largest sugar trading organisation, has taken a 17.5 per cent stake in the Hamburg oil trader Marimpex MineraloelHandelsgesellschaft, Marimpex said in a statement. No financial details were given. Sucden, 70 per cent-owned by Compagnie Financiere Sucres et
        Reuter  -  143 words
      • Article, Illustration
        Lock icon Former Fermenta chief executive faces fraud charges
        367 19 FT REFAAT EL-SAYED, once hailed as one of Sweden's most successful entrepreneurs, has been charged in Stockholm on 14 counts of falsifying accounts, fraud and insider dealing in the shares of Fermenta, the company he turned into one of Europe's leading biotechnology and
        FT  -  367 words
    • Article, Illustration
      Tandon in buy-back deal with Western
      525 20  -  Special portable disk drive at 'preferential rate' By JEFFREY TSANG TANDON COMPUTER, the first company to manufacture disk drives in the Republic and then the first to pull out, is eagerly snapping up drives coming out from its former factory. The company, which sold
      525 words
    • Article
      Lock icon Jakarta, Canberra need institutional ties
      151 20 AFP INDONESIA and Australia need more institutional ties to ensure that their relations can overcome any recurring problems, Australian ambassador Bill Morrison said in Jakarta yesterday. "Both sides now really believe that we have to set up more institutional arrangements, more institutional bonds, so that
      AFP  -  151 words
    • Article
      Lock icon US will recognise PLO if terms are met, Israel told
      229 20 Reuter THE US has told Israel that Washington will recognise the Palestine Liberation Organisation if Yasser Arafat meets its terms in a speech to the UN General Assembly scheduled for yesterday, Israel radio said. Washington has seen the draft of
      Reuter  -  229 words
    • Article
      Lock icon Bail now in Israel's court, says King Hassan
      206 20 AFP PALESTINE Liberation Organisation leader Yasser Arafat has done enough in recognising Israel, and the ball is now in Israel's court, King Hassan II of Morocco said in a French television interview broadcast in Paris. He said on Monday that Israel "cannot
      AFP  -  206 words
    • Article
      Lock icon Hanoi's assembly meets
      136 20 UPI VIETNAM'S National Assembly, with reform-mind-ed communist party leader Nguyen Van Linh strangely absent, opened its winter session yesterday to consider reports on the dismal economy. According to Radio Hanoi, about 478 members of the legislature turned up. but there was no mention of Linh. It is
      UPI  -  136 words
    • Article
      Lock icon Viet pullout to continue
      83 20 AFP VIETNAM will withdraw 18.000 more troops from Cambodia beginning tomorrow. according to officials in Hanoi. Hanoi said earlier this month that some 32.000 troops had left Cambodia in the past six months in line with its announcement in May that it would withdraw half its
      AFP  -  83 words
    • Article
      Delay in launch of oil futures trading
      374 20  -  By SOH TIANG KENG, THE LAUNCHING of oil futures trading by the Singapore International Monetary Exchange, originally targeted for mid-January, has been put off to the second half of next year. BT understands the launching has been postponed for three reasons. Firstly. Simex
      374 words
    • Article
      Lock icon Jan 14 fixed for Ampang Jaya by-election
      308 20 Bernama THE MALAYSIAN Election Commission has fixed Jan 14 as nomination day for the Ampang Jaya parliamentary by-election. Commission chairman Tan Sri Abdul Kadir Talib said yesterday in the event of a contest, polling would be held on Jan 28. The seat was
      Bernama  -  308 words
    • Article
      Lock icon Ghafar warns against using hospital for spying
      204 20 Bernama THE GOVERNMENT will close down the eye hospital in Langkawi, to be staffed by several eye specialists from Russia, if it is made a centre for spying by Moscow, Malaysian Deputy Prime Minister Ghafar Baba said yesterday. The government had considered the
      Bernama  -  204 words
    • Article
      Lock icon Takeshita calls for tighter discipline
      88 20 AP JAPANESE Prime Minister Noboru Takeshita yesterday urged government officials to tighten discipline to restore the public trust lost in a scandal involving dozens of political leaders and former government officials. Speaking at a Cabinet meeting in Tokyo, he said it was regrettable that the
      AP  -  88 words
    • LATE FILE
      • Article
        Lock icon US retail sales up 1.1 per cent
        64 20 AP US retail sales jumped 1.1 per cent last month, the government said in Washington yesterday, as retailers headed into the final week and a half of the crucial Christmas shopping season The Commerce Department said sales rose US$l.5 billion to a seasonally
        AP  -  64 words
      • Article
        Lock icon US current deficit narrows
        43 20 AFP THE US current account deficit fell by 8.4 per cent in the third quarter to US$3O.9 billion, the Commerce Department said in Washington yesterday. The second quarter deficit was revised to USs33.7b. from the USs33.3b reported earlier. AFP
        AFP  -  43 words
      • Article
        Lock icon Siddhi for Hanoi, Beijing
        58 20 Reuter THAI Foreign Minister Siddhi Savetsila said in Bangkok yesterday he would visit Vietnam in January as part of efforts to end the conflict in Kampuchea. It will be the first trip to Hanoi by a Thai foreign minister since 1976, when diplomatic relations were established.
        Reuter  -  58 words
      • Article
        Lock icon Asean ministers to meet in Brunei
        38 20 Bernama THE PROPOSED special Asean foreign ministers meeting to discuss the latest developments on Kampuchea will be held in Brunei next month, a Malaysian Foreign Ministry spokesman said in Kuala Lumpur yesterday.
        Bernama  -  38 words
      • Article
        Lock icon Tokyo most costly city
        55 20 AP For the fourth straight year, Tokyo remains the world's most expensive city while living in the Venezuelan capital of Caracas is still the cheapest for expatriates, according to a survey of 103 cities released yesterday in Geneva. Singapore was ranked 28th by Business International, a
        AP  -  55 words
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      Page 18 Advertisements Column 1
      393 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GAPS REALTIES PRIVATE LTD (In members' voluntary liquidation) At an Extraordinary General Meeting of GAPS REALTIES PRIVATE LTD, held on 7th December 1988 at 48 Serangoon Road. Singapore 0821. the following special resolution was duly
      393 words
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      Page 18 Advertisements Column 2
      386 18 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF CLIPPER GAS SHIPPING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN. in pursuant to Section 308 of the Companies Act. Cap. 50 that the Final General Meeting of the members of the abovenamed company
      386 words
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      Page 18 Advertisements Column 3
      5 18 CHARTPOINT On Target Every Saturday
      5 words
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      Page 19 Advertisements Column 1
      252 19 SHARPEN YOUR THINKING SKILLS No matter how intelligent you think you are you can learn to think harder and smarter than you thought possible. According to Dr Edward de Bono, who is internationally regarded as the authority in creative and conceptual thinking, brilliant ideas and spectacular breakthroughs are often the
      252 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      104 20 QUALITY i BEFORE YOUR EYES m •v S.y s It takes 1 step to put it on. But over3oosteps to make it Rodenstock is the international name for professional eye care. Our de luxe eyewear products come in the latest fashion designs and are impeccably crafted from precious metal components
      104 words
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      Page 20 Advertisements Column 2
      145 20 Tha Comax report was not available at prsas tima Distances m Singapore may be small, but the location of your business is still of key importance CLIFFORD CENTRE RAFFLES PLACE 0* t ft* Prime Raffles Place location Adjacent to nKT Station Typical whole floor of 10 32 7 sq.ft. j
      145 words
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  • SHIPPING TIMES
    • Article
      Anro expanding capacity on S-E Asia-Australia trade
      544 21  -  By LINDA CHEE THE ANRO CONSORTIUM is gearing up in a big way to handle double-digit growth expected in the trade from South-east Asia to Australian ports next year. Major service improvements from next month will expand carrying capacity on its south-west coast
      544 words
    • Article
      Lock icon AP Moller orders 12 container, feeder ships
      162 21 Reuter SHIPPING, oil and gas firm AP Moller Group says it has ordered 12 container and container feeder ships, nine from its affiliate. Odense Staalskibsvaerft A/S, and three from Tsuneishi Shipbuilding Co Ltd of Japan. The Japanese order, for which no value was
      Reuter  -  162 words
    • Article
      Lock icon South Korea to allow foreign firms to open branch offices
      214 21 AFP SOUTH KOREA will allow foreign shipping companies to set up branch offices in the country beginning in March at the latest. The government also plans to allow foreigners to invest directly in Korea's international shipping agents and international sea
      AFP  -  214 words
    • PORTSIDES
      • Article
        JSA and Vietrans sign accord
        97 21 AN AGREEMENT of cooperation was signed recently between Jardine Shipping Agencies (JSA) and Vietnam Foreign Trade Forwarding Corporation (Vietrans) to promote cargo flow between Vietnam and the rest of the world. JSA will act as Vietrans's agent in Singapore, Hongkong and Bangkok, handling the transhipment
        97 words
      • Article
        Lock icon Ships collide in port
        85 21 Reuter THE UAE SHIP Khuzam (6,183 dwt), the Baha-mas-registered vessel Arktis Rose (1,360 dwt), and a barge were involved in a three-way collision at the port of Mina Saqr, Lloyd's Shipping Intelligence in Dubai said last Sunday. The incident occurred during a storm. The wind force
        Reuter  -  85 words
    • Article
      Lock icon WEEKLY FREIGHTS
      668 22 AFP RENEWED INTEREST from Soviet charterers prompted a recovery in rates over the past week on the dry cargo market, market sources said on Monday The Biffex (Baltic International Freight Futures Exchange) index, which had fallen from 1.517 to 1.485 points between Nov 24 and Dec 7. rallied
      AFP  -  668 words
    • Article
      INDEX TO ADVERTISERS
      994 22 AB Shpg V ABSS Shpg ABC Contomer a Accord SKpg VI AKrenkiel liner X Ailtrons VN AC To*?!*' XI Americon Tp» X Anro Serv<e IV Arrow lines a Anon Oceon XI Assoc Corrioge XI ANl i A PC lift* V API III ASCI M Atlas line X
      994 words
    • Article
      Lock icon Drop in idle tanker tonnage last month
      230 22 Reuter WORLD laid-up tanker tonnage fell to 3,087,405 deadweight long tons (31 vessels) in November from 3,641,853 (35 vessels) in October while laid-up combination carrier tonnage was unchanged at 705,352 (eight), London shipbroker John I Jacobs said. In the table above, Jacobs gave
      Reuter  -  230 words
    • Article
      Inmarsat to lease out capacity
      184 22 THE International Maritime Satellite Organiaation (Inmarsat) will lease capacity on its global satellite system to organisations providing national mobile communications services. The first option on such a lease has been granted to a US domestic mobile satellite service provider. Inmarsat is the 54 mem-ber-country cooperative
      184 words
    • Article
      Laem Chabang port to be privatised
      295 23 THAILAND'S Laem Chabang deep-sea port will be privatised and operated by a large scale public company which will be set up, said Transport and Communication Permanent Secretary Sribhume Sukhanetr. The National Committee on Port Administration (NCPA), chaired by Mr Sribhume, made the resolution in
      295 words
    • Article
      Lock icon Dutch pushing for tighter maritime transport laws
      201 23 Reuter THE Dutch government is pushing for an early change to maritime transport laws. Transport Ministry spokesman Benno Bruggink said in Amsterdam on Monday. He said he is confident the Marine Environment Protection Committee of the United Nation's International Maritime Organisation (IMO) will
      Reuter  -  201 words
    • Article
      Lock icon US missile hits Indian ship, one killed
      284 23 AP A CREWMAN aboard an Indian merchant ship was killed on Monday when the ship was struck by a practice missile launched from a US navy jet during a military exercise, northwest of the island of Kauai, the navy said. The non-explosive missile
      AP  -  284 words
    • Article
      Lock icon Crewmen rescued from stranded Japanese ship
      220 23 UPI NINETEEN MEMBERS of a Japanese cargo ship, stranded when their vessel became stuck on a reef in the Bering Sea, were rescued and taken on Monday to Dutch Harbor, a small town on Alaskas's Aleutian Islands. The coast guard cutter Rush pulled the
      UPI  -  220 words
    • Article
      LONDON FREIGHTS
      945 28 CHARTERING got off to a slow start on Monday with only scattered business reported in both the single voyage and time-charter sectors, and no further details emerged of bookings by the Soviet Union reported at the end of last week, brokers said. The Baltic Freight Index rose 20
      945 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7103 28 AARNUB Ming Pun Yang Ming Ok 14 VIII* de Pluton CM 0 Afretlement. Dec IS Arthur M»'U Mhii Lin* Ok 15 JSS Mtonit. Triot Dec 18 Standi* ScanOutcM Oec 18 Tokyo Bay Trlot Oac 2i(PIQ. Anna Maerak Maerak Lin* Oac 22 Fan
      7,103 words
    • Article
      SHIPS IN PORT
      1297 28 AT CONVENTIONAL WHARVES VnnI B*rtfi Arrival D*par1ur« KEPPEL WHARVES Bu.id*r M Conopul Graze Hation Jocak Motcz* Koto Bokt< Kola Bat' Son f on torn* Souttiarn Arrow Unus KoH M Stodt Konun SH*vc Koto M*got> 1 P*tol>ng NO* P Buton 2 •oo" Brook* Trans Boy Trom Sun Yuztu
      1,297 words
    • Article
      Lauritzen orders three advanced reefers
      116 32 J LAURITZEN has ordered three of the world s largest and most advanced reefers, with computers on board that will enable the ships to be handled by crews of only six to 10 people These 600,000 cubic feet vessels will be built at Lauritzen subsidiary
      116 words
    • Article
      Lock icon Iran intercepts British tanker
      215 32 Reuter IRANIAN GUNBOATS stopped a British supertanker in the Gulf on Monday to the surprise of the region's shipping community, but shipping sources in Dubai dismissed the incident as a misunderstanding. They said there was no apparent reason for the interception, the first since a ceasefire
      Reuter  -  215 words
    • Article
      Lock icon US navy destroys mine
      155 32 AP US NAVY DIVERS have destroyed a mine found drifting in a busy sea lane off the coast of Bahrain. The contact-type mine was spotted last Sunday by lookouts aboard the USS Raleigh, an amphibious landing ship that recently arrived to serve as a support vessel
      AP  -  155 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      842 21 *°V O,o* TIMS STP Distributors Dedicated to Quality Service jAAOINE shipping agencies 200 Cantonment Road. #12-05 Soutnpo«nt S«igaoore 0208 Tel *****11 Tete« RS ***** Facsinwe *****09 i TERMINAI/CFS T« *****16 *****19 *****20 FOR CUSTOMER SERVICE INQUIRIES AND BOOKINGS Tel *****30 5 PESAKA JAAOINE SHIPPING AGENCIES SON IHO PORT KELANG Tel
      842 words
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      Page 21 Advertisements Column 2
      111 21 mm WORLD laid-up tanker tonnage fell to 3,087,405 deadweight long tons (31 vessels) in November from 3,641,853 (35 vessels) in October while laid-up combination carrier tonnage was unchanged at 705,352 (eight), London shipbroker John I Jacobs said. Page II THAILAND'S Laem Chabang deep-sea port will be privatised and operated by
      111 words
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      Page 21 Advertisements Column 3
      948 21 > vv^ TIMES STP Distributors MAERSK LINE This wee* LtiM M Closing Time CY 14/12 0200 HRS CFS 13/12 1800 HRS LEiSE M 0002 LARS M 8002 LAURA M 8002 REQINA M 8002 LEXA M 8002 MCKINNEY M 8002 LEOA M 8002 LICA M 8002 m Pi in Pi 20/12
      948 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      599 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT MEONIA VILLE DE BORDEAUX TOKYO BAY LONDON EXPRESS CARDIGAN BAY BENALDER KOWLOON BAY ROTTERDAM' VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG BREMER- I R DAM/ HAVEN ANTWER ANTWERP LE HAVRE AMPTON P
      599 words
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      Page 22 Advertisements Column 2
      98 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 Vapores S.A. EXPRESS SERVICE TO/FROM CHILE FEEDER S PORE MOTHER VESSEL VESSEL CSAV 2 20 12 ATACAMA V Q351E8 CSAV 3 1/1 VELATVOWEB CSAV 1 12/1
      98 words
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      Page 22 Advertisements Column 3
      528 22 POLISH OCEAN LINES Agents Optorg Shipping Pte Ltd S "gipo-e Tel *****14 telei RS ***** Fii 22Wi P Kelang Petalmg Jaya Penjng 2 3 :%:553 75'5603 *****5 Hi'fl3V r PNG PKL I THAELMANN t!» (1002) (10/12) In Pt 05/01 &£f£JSff l2) n/u ovoi Sot FAHRLAND 2jW (0W1) (01/01) U/01 OME
      528 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1276 23 The Straits Steamship Group CONTAINER SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Pods and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK SPORE B'KOK PEGASUS PIONEER VUN 17-11 0«c 21-22 0«c PEGASUS PROGRESS VSSIN 20-21 Dk 24 ft Ooc BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO SABAH. SARAWAK
      1,276 words
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      Page 23 Advertisements Column 2
      55 23 At the touch of your fingertips, you'll hove immediate access to information on the current status of your shipments, 24 hours a day. This information is updated every time your shipment is handled, so when we know, you'll know. Call 321 9488, and save more than your sight from the
      55 words
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      Page 23 Advertisements Column 3
      100 23 VESSEL [m LOAO DISCHARGE NEW YORK SENATOR EE 131 02 12 BREMEN SENATOR EE 901 12.12 ASIAN SENATOR EE 902 VIA RTM SINGAPORE SENATOR EE 903 13 01 ACCEPTING CARCO TO FROM NAM IRE OTNER UK PORTS ON REQUEST USA/PANAMA SENATOR General Agent mci/i/Cuid 1 AGENCIES PTE LTD Tel: *****77
      100 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      410 24 HSINOSE MARITIME PTE LTD (G> ISLAMIC REPUBLIC OF IRAN SHIPPING LINKS IRANIAN SERVICE Singapore Loading for IRAN MAHALLATI PJL666 SIO BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL HK LOAD FOR KYOWA HIBISCUS V 34 1/1 VILA. NMA. LTK, SUVA. PAGO. APIA KYOWA VIOLET V 23 2S/1 VILA. NMA.
      410 words
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      Page 24 Advertisements Column 2
      1028 24 HANJIN SHIPPING CO., LTD. FULLY CONTAINERISED SERVICE To: PACIFIC SOUTH WEST I FROM EUROPE VIA SUEZ A Memtef of th« ku Consortium CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL HAISBON 47 KUANTAN S'PORE LOADING FOR 24/12 DUBAI. DAMMAM KUWAIT SIN T<S TOUT I*l2 pus kee 23 12 PUS Kit nu PUS
      1,028 words
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      Page 24 Advertisements Column 3
      921 24 ©evergreen Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SCP HKG ever cjft 21/12 am vru nl2 01® as® m EVER OOLDEN 06® 10® 11® 1101 1501 2001 Of EVER GLOtE 1301 17® ll® 20® 22/01 27/01 XV EVER GENIUS 20® 24® 2VOI 27/01 2*ol (802 OW EVER GIANT 27® 31/01
      921 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      892 25 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 BANGKOK CONTAINER SERVICE BELAWAN/STRAITS CONTAINER SERVICE RED SEA/EAST AND WEST AFRICA SERVICE KARACHI/M.E. GULF SERVICE VESSEL KOTA MEGAH KOTA MULIA KOTA MUTIARA VOYAGE E-76# E-771 E-777 HONGKONG SINGAPORE SLO 14-19/12 2-3/1 8-12/1 10-11/1 16-21/1 LOADING FOR:
      892 words
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      Page 25 Advertisements Column 2
      405 25 I*V BENLIKE VlZk CONTAINERS TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE 23/12 TA NAVIGATOR *1 8/1 TA 1 HKC NOUMEA SUVA AKL NAP TIM 5/1 30/1 3/2 M 9/2 20/1 13/2 17/2 20/2 24/2 FROM NEW ZEALAND MAIN LINE AKL NAP TIM TCA HKG(TS)
      405 words
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      Page 25 Advertisements Column 3
      499 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SANUOERA INDONESIA P.T. TNIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE L.J BONTANG/16WB SRIWIJAYA 25W8 KUTAI 16WB ANTWERP HBURG/ RDAM/ADAM BREMEN Subject to Inducement. Also accepting cargo to CasaMaftca. Port Said, Port Alexandria, Genoa, Trleate. ALSO
      499 words
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      Page 25 Advertisements Column 4
      410 25 BOUSTEAD SHIPPING AGENCIES 1* HTONEYWA V24IW PA-AN VI32W PAGAN VI3SW BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok 17/14 Dec 22/24 Dec 21/30 OK BANK LINE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC FORTHBANK VZ3N IVYBANK V23N TAUSALA SAMOA VI4N SPORE RDAM HULL HMBG
      410 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      711 26 'K LINE KAWASAKI KISEN KAISHA, LTD. FEEDER VESSEL NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE BRIDGE N. AMERICA-ATLANTIC COAST VOY *INDO 15 13/12 •PK/PNG SGP 14/12 15/12 21/12 22/12 28/12 29/12 4/1 5/1 CHLS 17/1 24/1 31/1 7/2 NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET 20/12 n u 3/1
      711 words
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      Page 26 Advertisements Column 2
      318 26 Accepting LCL and contalnarlaad cargo** Dlract to South Africa Accepting Containers Only VAAL 6739F VENTO 1004F NEDLLOYD COLOMBO M3BF OSAKA MARU 69*3 F WW/ C^j fnnrm JARDINE SHIPPING AGENCIES (REG *****4/ OOK) 200 CANTONMENT ROAD #12 06 SOUTHPOINT. SINGAPORE 02 Tel: *****11 TELEX NO RS ***** TERMINAL/CFS Tel *****18 220
      318 words
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      Page 26 Advertisements Column 3
      665 26 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P *elang Penang Loading tor Mother Vsl By Feeder By r eeder MLIDAS V4O J Jan Dec 21 Dec Frem Melb Sydn Adel TUISIDAS *39 31 Jan 24 ian 24 Jan htm Metb Sydn Adel KALiDAS *41 2 Ma' 24 Feb 24
      665 words
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      Page 26 Advertisements Column 4
      553 26 0 6GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23 T»)o* Aytr Street SINGAPORE 0104 TEL U4JW (10 LINtS) Fai U43SM STRAITS/PERSIAN GULF SERVICE: GOIMN BEAR Colombo Mrictii Dubai GOLDEN HARVEST CotomOo Karachi Dubai BaH'iiP CHINA SERVICE A VESSEL Hutntpu Slw>(te< S pore P Ketang am dk HO Jan 20/21 DK
      553 words
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      Page 26 Advertisements Column 5
      448 26 h© PHIU Oni€NT LIN€S PTC LTD OFFICE (3 ROIINSON ROAD .07 12 AFRO ASIA BUILDING. SINGAPORE 0105 TELEX RS ?87?0 PHILI FA* *****76 XHOLE EUT/FM EAST Fa > LCI SBIWCt [VESSEL ETA SINGAPORE DESTINATION TBN 17/1J ruiaii .T; "(H DU A DA*UH, KUWAIT 2402. Jll2 DOHA. MUSCAT. BAHRAIN Al 1702.
      448 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      817 27 NEPTUNE ORIENT LINES LTD ET NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA SEA General Enquiries Tel 278M77 Terminal CFS BOOKINGS *****53 2 *****2 *****22 *****53 *****19 *****11 ![pt! N N E E s sS! s-ss «2K^ NEPLINE SDN BHD *****33 ENQUIRIES 27*7*44 NEPLINE SDN BHD *****5/*****0/627*61-*****2 NEPLINE SDN BHD 23******)041
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      Page 27 Advertisements Column 2
      474 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, KEELUNG, BUSAN, INCHON STRAITS/KOREA SERVICE Vmml i Nam* fTOBS S POKE PftlC KEE BUSAN MOJI NO I OONAM/tION 08/U U 1»/U 20 21/12 31 03/01 O/Ol #OBAC*ET«4N 14/12 77-27/12 2S-2V17 MM/01 I*lool UOl •GLORIA II4N 21/12 01-02/01 03-03/01
      474 words
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      Page 27 Advertisements Column 3
      779 27 r m 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 P KELANC MESSRS MAI THONG SHIPPING 127 Penang Street. Penang. Malaysia MS HANDLING SYSTEM
      779 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      262 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 225 6868 (34 Lmes) FAX *****39/*****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAO r DSR-LINES i VEB DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE "VIA lAMACA ACCEPTING CARGO FOR LMASSOL
      262 words
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      Page 28 Advertisements Column 2
      89 28 LIIME WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN ft JAPAN HCMKS ACI Vlt KAMJKI Vlt S ACCORD Vl7 CONTINENT VI7 HERMES ACI Vl7 aimm pyaQUQUB^^ yjuaaauajLi ptilh'ttlHißJhJLißUßlEMl "Weekly LCL services to Kaohsiung. Keelung Tokyo and Kobe FROM JAPAN ft TAIWAN BSIdC3E3CiI[2IE2IEiG3Qe QIHQIEeI62IdB3EBB3Bi CIHCIBiBiIBiIBIGQHB BJBHIBSBJBSimmmBJH gjJQ3QT|QT|QT|QT|QQ^|^ «l^l HERMES ACE
      89 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      161 28 Regional Weather m r 07 .07 c 0 3 IS /•ov 5 i fe jf l £5 1 5# £*!>> •UIC SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Dec 14, IMS V 1 W»n<J (V«»K>n ».t* vpeed «n knots LIGINO R ThorxJerstcxm T*fnp*r otur«0tur« c y Showff *f#Ot*#» -V
      161 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      560 29 &FARGO SHIPPING Te1:224 0122 f REGULAR EXPRESS FCL& LCL SERVICE 14 ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND VSi TNT Eiprus 214 E Nutf'f 215 hM 217 12 DAYS TO MELBOURNE! TO USA/CANADA USA Homton, Snanud. Tap. Witiwnfton (M). Norfolk, Saltwort, Htm Tort. Barton CANADA Montreal Toronto. St Jotw FROM USA/CANADA/EUROPE/MEDITERRANEAN
      560 words
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      Page 29 Advertisements Column 2
      247 29 CSP SHIPPING AGENCIES PTE. LTD. LCL CONSOLIDATION TO:KEELUNG/KAOSHIUNG HONGKONG/CHINA BUSAN MANILA TOKYO/KOBE COLOMBO/BOMBAY FELIXSTOWE/LONDON HAMBURG/ROTTERDAM BANGKOK JAKARTA (FULLY CONVENTIONAL) VESSEL ETA SIN TBN 25.12.88 CHITTAGONG CALCUTTA/KAOSHIUNG Special TWIN 25 TON HEAVYLIFT TEL: *****66 (16 Lines) Tlx: ***** CSPFRT Fax: *****61 Hamburg West Germany Tiger Line BEN LINE AGENCIES (S) PTE.
      247 words
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      Page 29 Advertisements Column 3
      519 29 <CFS> CRYSTAL FF£IQKr_SERVICES_ TH ***** M Tlx: ***** CFSIN FAX ***** M a «W MEN AWNAL PTE ITD TEL: 223 9988 THE BEST DIRECT/TRANSHIPMENT RATES PERKINS PERKINS SHIPPING PTY. LTD. Darwin. Australia DIRECT SERVICE TO OARWIN/PT. HEDLAND'/BROOME' Accepting Braakbulk, Heavy-lift. Container A RO/RO Cargoes MARKHAM BAY V.2 ETA/ETD S PORE
      519 words
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      Page 29 Advertisements Column 4
      112 29 Tatsumi Marine DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct can to other ports sub/ect to inducement (also accepting transhipment cargo OROBA Y MADANG KIETA WEWAK KIMBE RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Til: *****77, *****34, *****71 REP. OFFICE: T* HARMS SERVICES PTL LTD. (STORE) TIL 3M22
      112 words
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      Page 29 Advertisements Column 5
      313 29 UNIPACIFIC TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 {9 LINES) FAX: *****90 cn a n J mil ojjjl j —dj o n/~»y// Algerian National Line FAR EAST/ MEDITERRANEAN SERVICE S PORE LOADING FOR MV BISKRA 25/12 ALGIERS. ORAN, ANNABA, TUNIS MV BEL ABBES 10/1 JAPAN ALL VESSELS ACCEPTING FCL CONTAINERS
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      537 30 FINE-LINER SHIPPING PTE LTD /O Shenton Way. 04 02C Marina House. S pore 0?07 TEL: *****77 (8 Lines) TLX RS ***** FLINER FAX *****56 EUROPE SERVICE (FCL LCL) I ISI«KiAPO*t lit HA*W ImMMURC IfUUST FAR EAST SERVICE (FCL LCL) lE22*EEJ^EESIEE2iimi 1E22D1 mv s.n.line REGULAR JAPAN/HONGKONG/STRAITS SERVICE Edo Maru Gayatri Sirius
      537 words
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      Page 30 Advertisements Column 2
      683 30 ZI M FULL CONTAINER SERVICE »cceptin| FCL/LCL cargoes to USA East A Nest Coast. Carribbean East Canada HAITI Costa Rica. El Salvador Guatemala. Honduras. Venezuela. Peru. Ecuador. Colombia via Miami. Trinidad Barbados Antigua St Lucia. Montserrat. Guayana via Kingston 1'!!»'■! IN IBERIA IN ItERIA IN NONTREAL IN HAIFA AUSTRALIA CONTAINER
      683 words
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      Page 30 Advertisements Column 3
      463 30 Everett Lines B* 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 Kelang* Singapore MANOLOEVERETT 21/23 Dec ROSEEVERETT 27/28 D«c JOHNEVERETT 30/31 0« EVERETT ORIENT LINE" K JAPAN/BAY OF BENGAL/JAPAN SERVICE 9. LOADING FOR
      463 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      376 31 Seabrfdgfe rmrnucuTti i ucs INTERCONTINENTAL LINES 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 SEASBW€E FAR EAST. VIETNAM CHINA SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG BKK, JKT. HKG,
      376 words
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      Page 31 Advertisements Column 2
      323 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: 19/12, 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 Ptfl Ltd Tel: *****55 TLX RS ***** JAVELIN SHIPPING PTE LTD
      323 words
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      Page 31 Advertisements Column 3
      616 31 I '.u L 1 TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE JENHOL V 95N 18/12 JENWEL V 95N 21/12 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 16/12.
      616 words
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      Page 31 Advertisements Column 4
      574 31 GLORY NAVIGATION GROUP REGUIAB LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' SP PKL CIOUT SELATAN V Voy 101 PSA Kl7 GLORY SELATAN IX Voy C 20 Dec 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE
      574 words
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      Page 31 Advertisements Column 5
      314 31 PTC CONTAINER LINES FCL/iCL SERVICE PIC GROUP B rici CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL S|N AFGHANISTAN 29/12 HAIRATAN/KABUL/TOURGHUNDI General Agants POH TIONG CHOON SHIPPING (PTE) LTD TEL: 220H66 FAX: *****41 TLX R*****6 Port Kalang Agant SHAPADU TRANS-SYSTEM SDN BHD TEL: *****40 FAX: *****77 TLX MA***** (MEMBER OF
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      406 32 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX HS ***** RS ***** K I \S I I R\ \K I INI R. I I I). STRUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! NOTE; ALSO CALLING OTHER JAPANESE PORTS, HONGKONG TAIWAN A CHINESE PORTS, SUBJECT INDUCEMENT
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      407 32 COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEM-COKTAMER SERVICE TO vrirrr r?[r.'i!iJTJijrJPRTT (ASIA-S COLUMBUS NIUGINI V2S TAYBANK V6S NT SER Port Moresby, Lae, Rabaul Port Moresby. Lae, Rabaul, Kimbe Accepting LCL cargo for main ports discharge and also to Wewak, Kavieng, Alotau, Kieta, Honiara via Transhipment Port Kelang's
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      350 32 tafeM 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 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
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      Page 32 Advertisements Column 4
      864 32 'V urn, CALL US AT: P KELANG PENANG J. BAHRU P. GUDANG SINGAPORE 3 K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5. *****0. *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE MOTHER VSI SELANDIA TOYOMA B Pt MIA I I v iii I WW I WIN I JUTLANCMA OTHER DESTINATIONS
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