The Business Times, 29 December 1988

Microfilm: NL16404
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, DECEMBER 29, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    237 1 AFP Dow up WALL STREET stocks rose slightly in early trading yesterday, partly due to a narrow gain in bonds after Tuesday s steep decline, brokers said. The Dow was up three at 2,166 and a few more issues showed gains than losses. Reuter Footsie up Shares
    AFP  -  237 words
  • Article, Illustration
    Tokyo leads Asian stocks in rally
    237 1 REGIONAL STOCK markets took the cue from Tokyo's record high yesterday as they closed at higher levels, ignoring a weaker overnight Wall Street. Share prices on the Singapore stock market continued to rise in brisk trading with blue chips leading the market. The Straits
    237 words
  • Article
    US$ rises above 125-yen level
    128 1 THE AMERICAN dollar yesterday rose above 125 Japanese yen for the first time in 51 days on Asia's currency markets. Dealers attributed the US dollar's spirited performance against the key currencies to attractive US interest rates and a surging demand for greenback due to year-end
    128 words
  • Article
    Lock icon Escap predicts continued growth for South, SE-Asia
    558 1 AFP SOUTH and South-east Asian countries are expected to enjoy continued strong economic growth in 1989 due to restructured economic and trade policies, a senior UN official said in Bangkok yesterday. The nations of South and South-east Asia achieved strong economic growth in
    AFP  -  558 words
  • Article
    EC paving way for joint ventures
    400 1  -  PLAN TO PROVIDE OFFICIAL BACK-UP FOR INDUSTRIAL PROJECTS By JOHN THOMAS EUROPEAN COMMUNITY diplomats here have initiated a plan to prepare their private sector for industrial ventures with Singaporeans under the EC-Asean banner. The plan, which is to be implemented through the seven West
    400 words
  • Article
    Scheme to help finance EC-Third World projects
    210 1 THE "Cheysson Facility" is a financing scheme to help create joint ventures between small- and medium-sized companies from EC countries and those in more advanced Third World countries, including Asean members. The three broad areas for which financing is available are: Pre-project studies
    210 words
  • Article
    Lock icon PSRM open to 'understanding' with Razaleigh
    135 1 Bernama THE PARTAI SOSIALIS Rakyat Malaysia (PSRM) is willing to have "long- and short-term understanding" with Tengku Razaleigh Hamzah in efforts to achieve his political ambitions, especially in facing the next general election. PSRM acting chairman Abdul Razak Ahmad said in Johor Baru yesterday
    Bernama  -  135 words
  • Article, Illustration
    Shahrir hails Mahathir's offer to join Umno Supreme Council
    490 1  -  By PAUL GOPAL DATUK Shahrir Abdul Sammad, who resigned from his Johor Baru parliamentary seat and recaptured it on the issue of whether the people "still have confidence" in the leadership of Malaysian Prime Minister Datuk Seri Dr Mahathir, yesterday welcomed
    490 words
  • Article
    Lock icon MNCs may build petrochem projects in Johor
    193 1 Bernama THREE MAMMOTH petrochemical complexes may be set up soon by multinationals in Pasir Gudang, the industrial estate on the southern tip of Johor, bringing in total investments of about Ms 3 billion. Johor State Economic Development corporation (JSEDC) executive director Datuk Mohamed
    Bernama  -  193 words
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      Page 1 Advertisements Column 1
      73 1 TIENGOURTi? SICHUAN CUISINE (ft 4 King's Hotel Havelock Road Singapore 0316 Tel: 733 0011 Begin Your Busy Day Right Start off on a right note in the morning. Use Braun micron foil shavers: recognised worldwide as a measure of quality and good design. Use with or without cord 1 hour
      73 words
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      Page 1 Advertisements Column 2
      218 1 Full report, PAQE 16 Regional mkts, PAOE 18 Editorial Comment: 10 Let Cardphone, Coinafon co-exist One Man's View 10 That ol' causeway to trade Construction Industry 2 Gains by local contractors Fast food 2 MBf to open Grandy's restaurant Scotts Holdings 3 Rental capacity to double Afghanistan 4 Soviets to
      218 words
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      Page 1 Advertisements Column 3
      263 1 BALLY of Switzerland MONTANA S G Parrett Son (Pie) Ltd Trading according to numbers NUMBERS like 7117.90 10 7 may not mean much to you, unless you are saddled with the complicated task of trade documentation. That task will be made simpler next year, when Singapore switches to the Harmonised
      263 words
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  • HOME NEWS
    • Article
      Local contractors' portion of construction pie grows
      472 2  -  a Share of public sector contracts rose to 96pc in third quarter By WILLIAM CHIA LOCAL CONTRACTORS have impressive gains in their share of public sector building .and civil engineering contracts. Figures for the third quarter released yesterday by the Construction Industry Development
      472 words
    • Article, Illustration
      MBf to open first Grandy's restaurant here in April
      501 2  -  -by WILLIAM CHIA MBf HOLDINGS BHD has recently incorporated MBf American Foods (S pore) and plans to set up a chain of Grandy's western fast-food restaurants in Singapore. MBf plans to open its first Singapore restaurant in April next year and
      501 words
    • Article
      Highest ever turnout of buyers expected at Travex '89
      191 2 A RECORD turnout of about 250 buyers is expected at Travex 89, which will be held next month. It is believed this will be the highest ever turnout since Travex was first launched in 1982, and this will exceed the target
      191 words
    • Article
      PEOPLE IN BUSINESS
      145 2 WILLIAM KEITH WESTON has been appointed managing director of Bata (M) Bhd. Mr Weston, 49, has been with the organisation for four-and-a-half years, and takes over from Michel Bonhomme, who has retired. JERRY REITZ has been appointed networks competency centre manager of Digital Equipment in Singapore. Mr
      145 words
    • Article
      MEMO PAD
      644 2 f Seminars and (WX CAHNERS EXPOSITION GROUP \a Ey% Tel *****13 Tlx: RS ***** CEGSP Fax: *****66 A Dote Event Quick Management Venue Organiser Phone no Dec 28 and National National *****66 29 Analysis Productivity Productivity Board Board Jan 4-11 Analysis of Corporate SIM Management Singopore '89 Financing
      644 words
    • Article, Illustration
      Scotts Holdings' rental capacity to double
      473 3  -  Service apartments at Cairnhill Place ready by mid-1989 By WILLIAM CHIA SCOTTS HOLDINGS, owner of the Ascott executive apartments, will double its rental capacity when Cairnhill Place is ready for occupation by the middle of next year. Cairnhill Place, a 32-storey building situated between
      473 words
    • Article
      Import and export price indices declined marginally in October
      336 3 THE October import and export price indices for all goods moving into and out of Singapore declined marginally compared with September's. according to the latest figures issued by the Department of Statistics. While the import price index for all goods dropped
      336 words
    • Article
      Sankyo unit expects sales to double in two years
      385 3 WITH THE scheduled introduction of high-valued product lines, the local subsidiary of Japanese manufacturer Sankyo Seiki is looking forward to doubling its sales in the next two years. Sankyo Seiki (Singapore) achieved a turnover of $50 million in the last fiscal
      385 words
    • Article
      'Expose those who play pranks with MRT buttons'
      185 3 SIXTEEN incidents of pranksters depressing the emergency stop plunger (ESP) and the passenger alarm plunger (PAP) of Mass Rapid Transit trains and stations were reported in September and October, and passengers are urged to expose the pranksters. In the November issue of
      185 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      56 2 171 1 The Sweetest Orange Winner of award for most outstanding orange by National Citrus Board 1985 '/V> Am 1 W-i% :»S» 'X; &:k- fW&JXir v> s Ijk V tv --is- >•• I ;i E- v Available at all fresh fruit wholesalers, retailers and supermarkets. (Sole Agents) Singapore: Yew Say
      56 words
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      Page 2 Advertisements Column 2
      10 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day
      10 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      229 3 Introducing ISDN. Now all lines lead to one. ESfe-■, ES&& V ■pfv Bp^' e V I P«9 «*s*# v. HBB HHR2-r^ f^tsem ■Xr %> 9« K»K£ :•>' F 11 Piiiß'll wnfw nf'n ?>;C- ff?S ,v* V- i,.v- 7. ft v, IP* >' > <* £3 m ss V -1 T.<"Jt-
      229 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      54 3 V//"^ Singapore OUTLOOK: Showers ovtr a tow areas In tha afternoon Raport for 24 hours prior to 7.30pm on Doc 28 at lha airport; Max temp 30.7 Aaaoc humidity M' Min temp 24.2 Aaaoc humMNy M Hra of aunahtna 5 20 Rainfall In mm O.S Rainfall IMa mtti 63.0 Rainy
      54 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Soviets preparing to abandon Kabul regime
      666 4 FT THE SOVIET UNION has apparently decided to abandon its puppet government in Afghanistan and airlift many senior Cabinet ministers, including Preeident Najibullah, to the Soviet Union within the few remaining weeks before the Feb 15 deadline for the complete withdrawal of the Soviet
      FT  -  666 words
    • Article
      Lock icon Hanoi amends constitution's preamble
      355 4 AFP VIETNAM has amended the preamble of its constitution to reflect a new foreign policy of improving relations with traditional foes, the Communist Party newspaper Nhan Dan reported in Hanoi. The amendment removes an entire passage summarising Vietnamese history, including references to former "aggressor" countries such
      AFP  -  355 words
    • Article
      Lock icon Vietnam rejects bid to postpone Cambodian talks
      207 4 AFP VIETNAM has rejected a bid by the armed opposition fighting its presence in Cambodia to postpone regional talks on the Cambodian situation planned for early next year. According to national news agency VNA yesterday, the second round of informal talks in Jakarta
      AFP  -  207 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      933 4 ARRIVALS Operator S*rvic* local From numbor tim* UAL UA97 0010 LAX/NIT OAL OA472 0015 SYD/MB ALK UL454 0015 CMB MAS MH7263 0030 8KI StA soil 0115 IAX/NRT FTl FT15 0200 T« TMA TL351I 0430 8CY/SHJ/KUL MAA IAC C555 0655 S1A SQ411 0740 ROM MAS MH640 0620 KUL
      933 words
    • Article
      Lock icon S Asian grouping finalises report on draft declaration
      322 4 AFP OFFICIALS of the South Asian Association for Regional Cooperation (SAARC) on Tuesday finalised their report on a draft declaration for the sevennation summit this week, conference sources in Islamabad said. The drafting committee headed by host Pakistan's Foreign Secretary Humayun Khan
      AFP  -  322 words
    • Article
      Lock icon Roh orders crackdown on agitators
      285 4 AFP SOUTH KOREAN President Roh Tae-Woo has ordered a harsh crackdown on anti-government agitators stirring up social unrest under the excuse of democratic struggle. "Some forces bent on toppling the system are continuing their activities disrupting legal orders under the excuse of democratic struggle despite
      AFP  -  285 words
    • Article
      Lock icon Japanese electronics industry shows strong growth
      343 4 NYT JAPAN'S electronics industry Qrew at its fastest pace in more than four years in 1988, industry officials said this week, despite remarkable gains by South Korea in an area Japan once had all to itself: exports of videocassette recorders and other consumer electronics
      NYT  -  343 words
    • Article
      Lock icon HK to appeal against EC video levies
      231 4 Reuter THE HONGKONG government said yesterday that it would help local video cassette and video tape companies appeal against anti-dump-ing duties levied by the European Community. "Our companies really ought to be innocent until proven guilty but our question is whether under EC
      Reuter  -  231 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      185 4 FOR SALE WESTHAVEN MARINE CENTRE AUCKLAND NEW ZEALAND H zzzr -n V r is*. The Westhaven Marine Centre is located adjacent to the central business district and enjoys a prime waterfront position in Auckland, New Zealand, "The City of Sails". Westhaven Marine Centre represents an exciting concept combining a boating
      185 words
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      Page 4 Advertisements Column 2
      63 4 Focus on Vietnam, PAGE 11 rI \a \l. 1# Ifl \m The business person's chcxce. every I I lrCl II 111 I TuescJav Thursday. Soturdov'and I 1 I I 1 W Sunday. Leaving Chongi Airport of JL m\wAJ_ JL 22 05 hours and arriving at Lester B Pearson International Airport
      63 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      65 4 Doonesbury XJHENTHEPFESSHORP& ARRJVZV, only special fleems turner. AND MAPtSON MERE ON PUTY. I WITHIN HOURS, THE SITUATION OUTSIPE THE 30NES MAUSOLEUM UIAS NEARLY OUT OF CONTROL. W wMmmmm, mtm r m rV m I BY GARRY TRUDEAU .7 '^7, m Wti Wrc ft c UJHAT NO PROBLEM. M an, ABOUT
      65 words
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  • REST OF THE WORLD
    • Article
      Lock icon Canadian trade Bill wins Senate's in-principle approval
      210 5 Reuter THE CANADIAN Senate, which previously blocked the free trade agreement with the United States to force a national election, gave in-principle approval on Tuesday to legislation implementing the pact. Final approval of the agreement is expected before Friday, which should allow Canadian
      Reuter  -  210 words
    • Article
      Lock icon French continue to run trade deficit
      143 5 FT FRANCE continued to run a substantial foreign trade deficit last month, at least partly as a result of its sustained economic growth rate and buoyant investment. Those factors are also contributing, though, to an acceleration in the rate of job creation and a
      FT  -  143 words
    • Article
      Lock icon Moscow publishes bill on inventions
      205 5 AFP THE SOVIET PRESS has published a draft law on inventions aimed at promoting industrial research and restoring the prestige of inventors. The bill promises entranced material rewards for the previously low-paid Jnventors, although details ot financial compensation were not stated. The legislation was drawn
      AFP  -  205 words
    • Article
      Lock icon Soviets set up society for animals
      275 5 UPI A SOCIETY for the Prevention of Cruelty to animals has been established in the Soviet Union for the first time, the newspaper Izvestia said on Tuesday. The newly organised society included scientists writers and artists among its founders and will be subsidised by
      UPI  -  275 words
    • Article
      Lock icon Presidency orders release of Yugoslav prisoners
      130 5 AFP THE YUGOSLAV presidency has ordered the release of the last 25 people serving prison terms for so-called "verbal offenses", state-run television reported. Intellectuals and human rights activists for years have been appealing to communist authorities to abolish Article 133 of the country's penal
      AFP  -  130 words
    • Article
      Lock icon Short-sighted people are smarter: study
      216 5 AFP NEAR or short-sighted people are slightly more intelligent than people with 20-20 vision. On average, myopics score IQ points higher than those with normal sight, although intelligence does not increase in proportion to the severity of the eye defect, according to a Danish study
      AFP  -  216 words
    • Article
      Lock icon One-fifth of US jetliners over 20 years old
      139 5 UPI THE AVERAGE AGE of jetliners flown by the major US airlines is 12.1 years but more than 20 per cent of the planes are 20 years or older, airline industry analysts said. The Air Transport Association. an umbrella group representing the
      UPI  -  139 words
    • Article
      Lock icon Meat dispute with EC will eventually be resolved: US
      477 5 Reuter THE White House is defending the US decision to retaliate against a European Community ban on imports of hormonetreated meat but says the dispute will eventually be resolved. "The European Community are our allies We're major trading partners. We have
      Reuter  -  477 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      100 5 v3>^ The new classic Delirium' in 18-carat gold for ladies and men. A mere tivo point nine-five millimeters thin. Water-resistant. Complemented by a fine crocodile strap. Available only at specially authorized natch retailers jewellers. Authorised Dealers: SINGAPORE: Asia Watch (Parkway Parade). Chew Cheong Watch Centre (Shaw Centre. Wisma Atria). Watch
      100 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Untitled
      1091 6 HongkongBank SINGAPORE: FIRM US interest rates, helped by seasonal and technical pressures, continue to support the US dollar. Markets remain thin, hence the move up yesterday from the morning lows of d-mark 1 7783/ yen 125.10/ sterling 1 8000 has been exaggerated Highs of dmark 1.7895/ yen 125.45/ sterling 1
      HongkongBank  -  1,091 words
    • Article
      Foreign Exchange
      267 6 Rates as at 3pm yesterday: CunffldM IntoAii nk retee* SmMheonlen 16 WO OFFER 11 fllinna cni chenge MO it Local dollars to on* unit of foreign currency: Australian dollar 1.6411 1.6639 3.4286 •5155 1655 1.665 Canodian dollar 1.6240 1.6262 3.4206 -52.52 1.610 1.630 NZ dollar 1.2276 1.2321 3.4286
      267 words
    • Article
      IMM
      164 6 MOST IMM currency futures finished with moderate losses in lacklustre trading on Tuesday. Most participants remained sidelined after the long Christmas weekend, and quiet activity in the interbank market lent futures little impetus. Trading overall was featureless. and prices drifted in narrow ranges near session lows for much of
      164 words
    • Article
      Simex
      431 6 EURODOLLAR futures closed little changed from Chicago levels yesterday after fluctuating narrowly in quiet trading, dealers said. They said the undertone was softer due to a firm federal funds rate, poor results from Tuesday's US Treasury weekly bill auction and an increase in oil prices. Many participants were sidelined
      431 words
    • Article
      Lock icon Sterling futures likely to rise
      466 6 Reuter BRITISH POUND futures are likely to shake off their recent weakness and strengthen in early 1989 as traders once again focus on relatively high UK interest rates, currency analysts in Chicago said on Tuesday. "I think sterling will rally and re-test the highs it
      Reuter  -  466 words
    • Article
      Comex gold/silver futures
      169 6 Gold futures on Dec 27, 1988 100 troy ounces. USS par troy ounce Opo« Mgh Low MM* Ok 418 90 419 JO 418 00 418.00 -0.50 J on 90 418.70 -0.70 Fab 421.90 422.50 420.80 420.90 -0.70 *P< 427.10 427.80 426.50 426.40 -070 Jun 432.60 433.40 432.20
      169 words
    • Article
      Lock icon Israel devalues currency to stem speculation in US$
      431 6 NYT ISRAEL HAS DEVALUED the shekel by 5 per cent against a tradeweighted basket of currencies. It was an interim move by the new government of Yitzhak Shamir to stem a flood of speculative purchases of the US dollar. A full-fledged package
      NYT  -  431 words
    • Article
      Options
      1374 6 CURRENCY FUTURES OPTIONS Wadnaiday, DK 28, 1988 DEUTSCHE MARK (SIM EX) JM High M eHk Low •a* Jm High ss put* Law Saa 54 55 56 57 58 5* 60 CAB Nk Htflh 70A 5A 88 CM* LOW 66 3 2 CAB Saa IN 698 1538 2508 Pat High
      1,374 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      154 6 FOR SALE WHITE HERON HOTEL AUCKLAND NEW ZEALAND rw 7 Jk m w J r •>V« v The White Heron Hotel is a well known landmark and is located in Auckland, New Zealand, in the established and exclusive inner city suburb of Parnell. The hotel enjoys a unique position above
      154 words
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  • BANKING AND FINANCE
    • Article
      OCBC arranges M$50m notes issue
      236 7  -  By QUAK HIANG WHAI THE MALAYSIAN branch of Oversea-Chinese Banking Corporation has arranged a Msso million fixed rate notes issue for Johor State Economic Development Corporation (JSEDC). A statement from OCBC yesterday said the JSEDC is the first state economic development corporation to raise funds
      236 words
    • Article, Illustration
      Lock icon More foreign institutions likely to issue yen bonds in Japan
      769 7 Reuters ABUNDANT liquidity, attractive conditions, and a desire for a high profile in Japan will make more foreign financial institutions and government units issue yen bonds in Japan next year, underwriting and banking sources said. "Debtors, who have stayed away
      Reuters  -  769 words
    • Article, Illustration
      Lock icon Manila expects loan talks to succeed
      588 7 Credit of USsl.3billion from IMF likely AFP THE PHILIPPINES is expected to successfully negotiate new credits and debt rescheduling with its foreign lenders in crucial talks in 1989, Finance Secretary Vicente Jayme said on Tuesday. He told a press conference that unless some major
      AFP  -  588 words
    • Article
      Lock icon Chinese central bank may raise loan rates
      273 7 Reuter THE PEOPLE'S Bank of China is considering a rise in interest rates on loans, with different rates for different industries, as part of its programme to slow inflation and dampen growth, a bank spokesman said. The Financial News quoted the spokesman of
      Reuter  -  273 words
    • Article
      Lock icon US plans US$5b aid for rescue of savings groups
      685 7 NYT IN WHAT WOULD be one of the costliest bailouts of savings and loan associations to date. US government officials said they had worked out a plan for an investment group to take over five deeply-troubled Texas institutions with the help
      NYT  -  685 words
    • Article
      Lock icon Loans in Malaysia up M$165m in September
      323 7 Bernama LOANS given out by the banking system in Malaysia increased by Msl6s million or 0.2 per cent in September, while total deposits placed with the system increased by Ms 79 million or 0.1 per cent, Bank Negara said in Kuala Lumpur yesterday.
      Bernama  -  323 words
    • Article
      Goverment Securities Market
      107 7 Treasury bills Period Issue code 3 months BQ*****X 6 morrtttt 1 year BY*****H Yesterday's dosing Maturity BID OFFER 30.03.89 3.80 3.75 23.11.89 4.32 4.27 Day's HIGH LOW 4.05 3.70 4.27 4.26 Government notes and bonds Period Issue code 2 years N*****1Z 5 years N*****1H Note Based on
      107 words
    • Article, Illustration
      World interest rates
      188 7 Indicates tha average of tha prima landing rataa of 12 major banks In 3'pora Interbank market rates (offer/bid) on Dec 28 uss DM SWFC Y«n 7 doyt 11 10 3/4 12 3/16 1/16 5 1/4 1/8 5 3/4 5/8 5 7/16 5/16 1 9 9/16 7/16 12
      188 words
    • Article
      Money markets
      70 7 THE OVERNIGHT rate on the Singapore money market dropped 1/8 point to close at 4-3/4 per cent yesterday. One and two months rates fell by 1/16 point each while the three months rate dropped 1/8 point. S$ Interbank rates at the close yesterday: Offf* uc Overnight 4 3/4
      70 words
    • Article
      Lock icon Tokai Bank buys seats on two US futures exchanges
      156 7 Reuter TOKAI Bank Ltd has won full member status at the two largest US futures exchanges, the Chicago Board of Trade and the Chicago Merchantile Exchange, a bank spokesman said. The spokesman said Tokai paid about US$l million to purchase the
      Reuter  -  156 words
    • Article
      Asian dollar market
      287 7 ASIAN dollar deposit rates closed firmer after a quiet day's trading, dealers said. A higher US Federal funds rate coupled with a decline in US bond prices contributed to the rise. Among short-dates, the Wednesday/Thursday rate closed at nine 8-7/8 per cent, up 3/16 point from Tuesday's
      287 words
    • Article
      Lock icon Big three Danish banks cut rates
      129 7 Reuter DENMARK'S three largest banks have announced cuts in interest rates on loans of up to one percentage point, citing falls in money market rates and local bond market yields. Privatbanken A/S cut rates on some corporate and private loans by about 0.5 percentage
      Reuter  -  129 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      122 7 5/ Great Steak At A Great Old Place The steak house that Jack Hunt started and still standing where it was today, serving the finest in beef steak. The charm of Jack's lingers on at Jack's Killiney. 3 Great Choice at 3 Great Prices 5 COURSE SET DINNER Appetiser Prawn
      122 words
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  • COMMODITIES
    • Article
      Lock icon Analysts expect US oil price to average US$16 in 1989
      629 8 Reuter US OIL prices are likely to be modestly higher at an average US$l6 a barrel in 1989, provided excess world oil inventories are siphoned off and Opec maintains a balance between its production and demand, US industry executives and
      Reuter  -  629 words
    • Article
      Lock icon World oil prices rise as US firms raise benchmark
      305 8 UPI OIL PRICES rose on most world markets on Tuesday as several large US oil companies raised the price they were willing to pay for the nation's principal crude oil by 50 cents to US$15.50 a barrel. Observers said trading was
      UPI  -  305 words
    • Article
      Lock icon N Korea and Iran seek closer ties
      145 8 AFP NORTH KOREAN Foreign Minister Kim Yong Nam on Tuesday met Hashemi Rafsanjani, the speaker of the Iranian Parliament, who said Teheran wanted closer cooperation on oil and technology, the Iranian news agency said. Teheran seeks to consolidate political and economic ties with
      AFP  -  145 words
    • Article, Illustration
      Lock icon Malaysia bullish on cocoa
      798 8 Bernama MALAYSIA'S cocoa industry is expected to continue to grow next year, albeit at a much slower pace than the last 10 years, due to the current soft prices tor the commodity in the world markets. Cocoa prices, which had been traded at between M 53,200
      Bernama  -  798 words
    • Article
      Lock icon Honduras meeting for coffee talks
      90 8 AFP CENTRAL AMERICAN officials will gather on Jan 9 to devise a common strategy for the upcoming meeting in London of the International Coffee Organisation (ICO), officials in San Jose said. The meeting in Tegucigalpa, Honduras, will be the first of a series to work
      AFP  -  90 words
    • Article
      Lock icon Thai minister proposes removing export tax
      176 8 Bernama THAI AGRICULTURE and Co-op-eratives Minister Lieutenant-Col-onel Sanan Khachornprasat is proposing to the Cabinet the removal of the 1.34-baht per kg export tax on natural rubber. He told reporters in Bangkok on Tuesday that his ministry would also ask exporters to contribute an additional
      Bernama  -  176 words
    • Article
      Lock icon Thailand's rice exports in 1988 likely to hit a record 4.7 million tonnes
      159 8 AFP THAILAND, the world's number one rice exporter, is to set a new record in rice exports this year in both price and volume, a senior Thai commerce ministry official said on Tuesday. Pracha Charutrakulchai, deputy director-general
      AFP  -  159 words
    • Article
      Rubber
      346 8 SINGAPORE: RUBBER prices ended sharply higher yesterday with January 1 RSS buyer quoted at 205.50 cents a kg, up seven cents from last Friday's close. Dealers said prices gained 3.50 cents in thin morning trade on light buying interest and they continued to rise in the afternoon on short
      346 words
    • Article
      RAS and MRELB
      274 8 R AS prices In S cents/kg, FOB in baU m NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 198.50 199.50N 203.50 204.5ON bit 1 RSS Jon 88 200.50 201.50 205.50 206.50N Int 1 RSS Feb 201.50 202.50N 206.50 207.50N Int 2 RSS OP 195.00 197.00N
      274 words
    • Article
      SSR and SMR
      84 8 (ca»tt»/kg) JANUARY 1989 FEBRUARY 1989 (current month) (forword month) RAS NOON NOON bryan Mart Rwy an Saltan SSR 20 185.00 187.00 185.00 187.00 SSR 50 183.00 185.00 183.00 185.00 MRELB Buyan Saltan 8uy an Saltan SMR cv 301.00 303 OON 303.00 305 OON SMR I 298 00
      84 words
    • Article
      Lock icon Palm Oil
      310 8 Reuter MALAYSIAN crude palm oil futures finished lower in quiet trading on the Kuala Lumpur Commodity Exchange yesterday. Dealers said the market dropped slightly on lack of interest as market operators had not returned from their Christmas holidays. Spot month January dropped Ms 4 to Ms97o a tonne.
      Reuter  -  310 words
    • Article
      Produce Prices
      197 8 Chinese Produce Exchange Sellers' noon closing prkei i on Dec 28 (SS/100 kg) Coconut oil Bulk FOB 113.00 Old drvon FOB 123.00 New drum FOB 127.00 Copra Mixed (loose) 66 00 Pepper sellers Muntok white FOB NLW 715.00 Sarawak white FOB foq NIW 705.00 Sarawak special black FOB
      197 words
    • Article
      KL Tin
      159 8 RENEWED buying demand halpad Kuala Lumpur tin prlcas racovar by savan cants to M 519.82 a kg In acttva trading yaatarday. Tha sharp fall on Tuaaday, and waakar rlngglt against tha dollar and starling attract ad buying from Europaan and Japanaaa Intarasts, thay said. Tha racovary narrow ad
      159 words
    • Article
      Precious Metals
      348 8 HONGKONG: GOLD closed lower in moderate trade with selling orders from US and Swiss investors in the afternoon. The firmer US dollar prompted selling, they added. Bullion ended at U*****.80/416.30 an ounce against an initial U*****.90/417.30 and compared with New York's finish of U*****.50/418.00. On the local market,
      348 words
    • Article
      Lock icon Crude Oil and Products
      138 8 Telerate FUEL oil prices were stable —to—slightly higher in the Singapore market of light trade. Players say that a squeeze for fob Sing barrels and Japanese buying interest lent some support to prices in the short term. Bullish sellers of CSTIBO still asked fixed numbers of
      Telerate  -  138 words
    • Article
      Soybean
      175 8 SOYBEAN futures on the Chicago Board of Trade closed mixed on Tuesday, with firmness in the deferreds on bull spreading, in thin holiday volume. Liquidation of long January contracts by some traders ahead of first notice day Thursday contributed to the mixed tone. Forecasts for more beneficial rains in
      175 words
    • Article
      Wheat
      185 8 CBT WHEAT futures closed on a weak note on Tuesday with losses limited by light commercial buying in a thin holiday market. Term Commodities was a buyer of the March contract along with Cargill, Sentiment was dampened by the absence of expected demand from news of a fresh EEP
      185 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      'Standards of direct marketing high here'
      535 9  -  By JOHN TAN THE CREATIVITY of direct marketing in Singapore ranks high in this region, and is even better than Hongkong which has one of the largest advertising markets in Asia. This was the view shared by some of the creative directors from major
      535 words
    • Article, Illustration
      Good service creates a niche for Sheraton Towers
      408 9  -  -By JOHN TAN SHERATON HOTELS main selling point is service. It has won the Tourism Award for Excellence in Service in two of the three years the awards have been given out by the Singapore Tourist Promotion Board. And it is this
      408 words
    • Article, Illustration
      Top O & M director resigns
      277 9 Top O M director resigns ONE OF Ogilvy Mather s (S) key personnel will switch camp to The Ball-WCRS Partnership early next month. Eugene Seow, O&M's deputy managing director, resigned about two weeks ago after 17 years with the agency. He will join The Ball-WCRS Partnership as its managing director
      277 words
    • Article, Illustration
      The seeds of good cheer
      257 9  -  -By LILY FERNANDEZ COMMERCIAL UNION ASSURANCE (CUA) clients did not get the customary Christmas card this year they got a chance to find out whether they have green fingers. The chance came in the form of seedlings for a plant named Impatiens. What's more, Impatiens
      257 words
    • Article, Illustration
      Rocky's Pizza heads out to HDB estates
      439 9  -  By SANGEETA MULCHAND PIZZA DELIVERY for two new Rocky s Pizza restaurants to be opened next year may mean no more than a short walk and a journey up the lift. Owners Frank Vespa, Charlie Weitz and Dan Cooley have opted for the
      439 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      104 9 BT, Singapore's largest business daily gives you pages of local and international company news to help you marshall facts information effectively. These statistical pages are a must reading for professionals, executives businessmen in Singapore. They contain stock market information, financial analyses and trends in the industries. Taking Stock column by
      104 words
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      Page 9 Advertisements Column 2
      146 9 13 T f I /1 j l l IS i j Fa The Traditional Splendour of South India The Beauty of India awaits you Come South to Madras the seat of Hindu Orthodoxy, where festivals abound and traditional music and dance flourish Come South to Mahabalipuram noted for its famous
      146 words
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  • PERSPECTIVE
    • Article
      Cardphone, Coinafon should co-exist
      491 10 THE COIN-OPERATED phone would go the way of the dinosaurs in two years' time if Telecoms succeeds in fully phasing in a cardphone system by then. That the days of coin-operated phones are numbered was first hinted in 1985 when Telecoms first introduced cardphones into Singapore.
      491 words
    • Article, Illustration
      Towards easier world trade
      1368 10  -  A major source of frustration and non-tariff barrier to traders of the world will be history when trading nations adopt the Harmonised System of trade coding. It took more than a decade of concerted multilateral effort to develop this. Many have already made the switch in
      1,368 words
    • Article
      When the system comes into play ...
      455 10 When the system comes into play EXPORTERS of textiles and garments will need to pay special attention to the Harmonised System (HS) of trade classification when Singapore implements it next year. Textiles and garments come under Section XI of the Customs Cooperation Council Nomenclature (CCCN). This section covers 14 chapters
      455 words
    • Article, Illustration
      That ol' causeway to trade
      853 10  -  msmn&mW By SEAH CHIANG NEE NEXT TO THE Singapore dollar, the currency that affects the lives of most Singaporeans is the Malaysian ringgit. Its rise or fall can leave an impact on almost everything. from the cost of doing business to the price of vegetables.
      853 words
    • VIETNAM
      • Article
        Shedding its outcast image
        787 11  -  After years of centralised planning which have led to economic stagnation, Vietnam is moving towards a more open economy. HARISH MEHTA of the Foreign Desk analyses the country's efforts to improve trade ties with South-east Asia; Hanoi's enactment of a liberalised investment law; and Ho Chi
        787 words
      • Article, Illustration
        Looking to Singapore and South-east Asia
        801 11 IN SPITE OF the continued occupation of Cambodia. Vietnam is optimistic about its trade thrusts in South-east Asia and views Singapore as a key trade partner. Vietnam Foreign Trade, a journal published by that country's Chamber of Commerce and Industry, recently ran an article
        801 words
    • Article, Illustration
      Opening the doors to Ho Chi Minh City
      997 11 HO CHI MINH CITY is selling its Hew open-door policy to attract foreign investments in an effort to restore the city's status as a commercial centre, according to 4 senior Vietnamese economist. With a new, relatively untested investment law in place. Ho
      997 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      71 10 BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, horse-racing, tennis, bowling, etc. And, of course, the all-round executive cannot afford to miss Sevvy's golf date every Tuesday.
      71 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      49 10 Here's T»c<eT FoR Tme_ Film's CMR|STpoF\S DlNf4eß AND DRNCe.. Pnl[) 'ook't Lose, it oTHeßuise VOU U>ILL 6e RG-FUSeD I secußiTy is veßy T,(pMr this >feP\R... 1 D. BPiDGGS m'JST e>e WORN WT pmj/iT.pneS rvrN'MO S'ANDA RMD DOrt'T &e LATe THC DOORS RR6VSefrteD r S-Sd CO ITO '««7 1M (oo
      49 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      117 11 Mr /te Imx we it AT I#ST ON W&KENtg r a u >'V ft? "V v S -:i EXECUTIVE LIFESTYLE SATURDAY. BUSINESS TIMES. BT. Singapore's largest daily, carries an in depth and up to date coverage on the banking and financial sectors, both local and overseas This indispensable page keeps
      117 words
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  • LEISURE
    • Article, Illustration
      Lock icon Legacy of fear and desire
      792 12 MUSIC NYT TWO YEARS AGO. when Bruce Springsteen inducted Roy Orbison into the Rock-and-Roll Hall of Fame, he paid the Texan-born star the ultimate compliment. "In '75, when I went into the studio to make Born to Run,'' Springsteen said, "I wanted to make a
      NYT  -  792 words
    • Article, Illustration
      Lock icon River on the rise
      1286 13 PERSONALITIES NYT WHEN RIVER PHOENIX learned he had just won the National Society of Film Critics award as best supporting actor of 1968 for his performance in Running On Empty, his first response was to ask what the society was. A few months paat his 18th
      NYT  -  1,286 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      929 12 re to entertain. Season for Partying f and Merry-making 1 New Year's Eve 31 Dec '88 OONDANG SAYANG 24 hrs Welcome '89 buffet Dinner 7pm- 11 pm Novelty sets for all diners Entertainment by The Vintage/Edmund Tan $26** adult •$18 child under 12 CAFE BOOLEVARD 24 hrs Set Dinner -7pmto
      929 words
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      Page 12 Advertisements Column 2
      198 12 ■9 J* Public Western and v V wl 0923. Td: *****11 FESTIVE BUFFET LUNCH: -J-. 31st December 1988 Ist, 2nd January 1989 jj 11 00am 2.30pm j~|r~j ZD Featuring Roast Tom Turkey Peking Duck, rj DO Drunken Prawns and a variety of other dishes. U $18.00++ per adult jj $14.00++
      198 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      231 13 Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki Four tatami rooms are availaPle for private parties Located on the 2nd floor. Open 12 noon to 3 pm 6 30 pm to 11 pm A® Century Park Sheraton Singapore 16 Noswm Hill Singapore 1025 telephone
      231 words
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      Page 13 Advertisements Column 2
      37 13 PAR PASSION Lanson Black Label. Perfect for a party. Exquisite for the evening. Savour it with passion. Wa A CHAMPAG MAI SON FONDKB IN Black LA »no REIMS FRANCE •v jrr-z? ■■"ft -?> -v.f /I VZ/CHAMPAGNE REIMS FRANCE
      37 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      647 13 imwwm ®M)33SS3(Mi) CRYPTIC PUZZLE ACROSS 1 Where, in Poland, a car was wrecked by a (arm animal? (6) 7 Poirot'a hero? (8) 8 Pain cauaed in trimming moustaches 7 (4) 10 Continue to flag in carpet production (6) 11 Semi-mountain animal? (8) 14 Pull one'a ear (3) 16 Attractive and
      647 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1179 13 Class of '72 THURSDAY FEATURE SPECIAL Class Reunion 10.40pm, Channel 5 A high school class reunion turns out to be more than a catching-up-on-old-times session in this comedy thriller. One mentally disturbed student decides to trap and murder his fellow classmates and the class of '72 unite and plan a
      1,179 words
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  • SPORTS
    • Article, Illustration
      Lock icon West Indies expected to declare overnight
      426 14 CRICKET Reuter RICHIE RICHARDSON scored a stop-start century and Viv Richards smashed an imperious 63 to help the West Indies build an impregnable lead in the third Test against Australia in Melbourne yesterday. By stumps on the fourth day the West Indies who shuffled
      Reuter  -  426 words
    • Article, Illustration
      Lock icon Riches trickled down to the masses this year
      542 14 GOLF UPI THE BIG REWARDS in golf went to such established stars as Curtis Strange, Sandy Lyle and Nancy Lopez in 1988, although the riches trickled down to the masses. Strange, the leading US player over the past few years, became golf's
      UPI  -  542 words
    • Article
      Lock icon Australian vessel maintains lead in ocean classic
      230 14 YACHTING AP RAGAMUFFIN, skippered by veteran Australian sailor Syd Fischer, maintained its lead yesterday in the 630-nautical mile AWA Sydney-to-Hobart yachting classic. The maxi yacht was experiencing perfect sailing conditions in Bass Strait late yesterday. It was 217 nautical miles from the finish
      AP  -  230 words
    • Article, Illustration
      Lock icon A bloody Bears-Eagles clash expected
      450 14 AMERICAN FOOTBALL AP IT TAKES A neutral observer to define this Saturday s playoff game between Mike Ditka's Chicago Bears and the Philadelphia Eagles, coached by Ditka's onetime defensive coordinator and long-time antagonist, Buddy Ryan. "I think they'll bloody each other up; they're both real
      AP  -  450 words
    • Article
      Lock icon Lewis to compete in European meetings
      303 14 ATHLETICS Reuter TWO-TIME Olympic champion Carl Lewis will compete in at least three European meetings this winter but will skip the lAAF World Indoor Athletics Championships. his manager says. The 27-year-old American, who won gold medals at 100 metres and the long jump at
      Reuter  -  303 words
    • Article, Illustration
      Lock icon Cavaliers tie franchise record with victory over Bulls
      416 14 BASKETBALL AP THE CLEVELAND Cavaliers with the best record in the National Basketball Association won their sixth straight game on Tuesday night as Larry Nance scored eight of his 18 points in the final 2:47 of a 107-96 victory over the Chicago
      AP  -  416 words
    • Article
      A chance to sweep the arena clean of cheats
      618 14  -  Jranklif, speaking,... WALTON MORAIS WELL, here we are at the end of another year. The final week is always a good time for reflection and resolutions. In retrospect, 1988 has been a year of upheaval. We spent half the year looking
      618 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      550 14 ISLAND PENINSULAR BERHAD tlnrorponttd in Milanial NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of Island Peninsuiar Berhad will be held at the registered office of the Company at 24-31, Jalan 8/55 A. Taman Setiawangsa. ***** Kuala Lumpur on 23rd January. 1989 at 9.30
      550 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Goodwood profits down by one-fifth
      438 15 FUGITIVE FINANCIER Khoo Teck Puat's flagship company Goodwood Park Hotel Ltd has turned in dismal year-end results again while loss-making associate Hotel Malaysia Ltd managed an improvement. Goodwood's profits fell by a fifth for the year to end-Septem-ber on a nearly-halved turnover. Even then, the
      438 words
    • Article
      OAF signs $30m facility with six banks
      199 15 FOOD-BASED QAF Ltd has signed a $30 million three-year Revolving Credit facility in a club deal with six banks yesterday. The amount raised will be used to refinance more expensive borrowings and to meet its working capital and other investment requirements. This is
      199 words
    • Article
      Lock icon Malaysian Plantations asks for suspension
      519 15 NST MALAYSIAN PLANTATIONS Bhd, which is said to be the subject of an acquisition, has asked for a suspension in the trading of its shares following a frenzy of buying into the counter lately. On Tuesday, the counter topped the actively traded list on the
      NST  -  519 words
    • Article
      COMPANY BRIEFS
      348 15 THE MERGER of International Trust and Finance's (ITF) and Forward Ovarsaa Credit Ltd (FOCL) will become effective on Jan 3 next year, a statement from the Oversea-Chinese Banking Corporation said yesterday. ITF will issue about 19.23 million new ITF shares at $1.17 per share as consideration for the
      348 words
    • Article
      DIVIDENDS ANNOUNCED
      666 15 Current Ex Books Mi Total tor Totol tor peymerrt date doM i-i-toe yeer to* year A 1 S B io%ibi Jan 6 Jon 20 Jon 31 10% 5% AMDS Nov 24 Dec 6 Jon 9 Amol Steel 8%TEIbl Dec 1 Dec 15 Jan 30 6%TE 8%TE Avimo 15%TE
      666 words
    • Article, Illustration
      HPL wants monetary compensation
      584 15  -  Dispute between Hotel Properties and Hilton By MAGDALENE NG HOTEL PROPERTIES Ltd (HPL) has gone on the offensive in its ongoing dispute with the Hilton International group over an alleged breach of management of the hotel with the same name in Orchard Road. The dispute first
      584 words
    • Article, Illustration
      Lock icon JCEM to re-study E & 0 project
      360 15 JCEM to re-study E 0 project Bernama JACK CHIA Enterprises (M) Bhd (JCEM), the consumer products, hotel and publishing group, is to re-study its plans for the multi-million-dollar E O Complex project in Penang. "We may restart the project but then again we have to relook at the original plans
      Bernama  -  360 words
    • Article
      Lock icon Taiwanese company eyes stockbroking business in KL
      324 15 Bernama FORTUNE INVESTMENT Group (FIG), a Taiwanese mutual fund company, is keen to go into the stockbroking industry on a joint venture basis in Malaysia. FIG president S F Huang said recently the group had confidence in Malaysia's securities industry in view of
      Bernama  -  324 words
    • Article
      Lock icon Sabah-based Kretam Holdings to expand oil palm activity
      300 15 Bernama KRETAM HOLDINGS Bhd (KHB), the first Sabahbased company to be listed on the Kuala Lumpur Stock Exchange, is looking to expand its oil palm activity. KHB chairman Oatuk Ouek Chiow Yong said the group recently acquired an 8,200-hectare piece of land
      Bernama  -  300 words
    • SES
      • Article, Illustration
        Share prices, turnover rise on buoyant investor sentiment
        1136 16  -  by Jocelyn Toh SHARE PRICES and volume turnover continued their rise on the Singapore stock market yesterday in tandem with rises on the regional markets. Turnover rode the wave of more buoyant investor sentiment as volumes reached 29.42 million shares worth $46.67
        1,136 words
      • Article
        COMPANY MEETINGS
        143 16 TOMGKAH HOLDINGS BERHAD: EGM at Ming 111 IV. First Floor, Ming Court Hotel, Jalan Ampang, ***** Kuala Lumpur, today at 9.00 am. TONGKAH HOLDINGS BERHAD: 47th AGM at Ming 111 IV, First Floor, Ming Court Hotel. Jalan Ampang. ***** Kuala Lumpur, today at 10.00 am. AOKAM TIN BERHAD:
        143 words
      • Article
        APPROVED ISSUES
        65 16 Company RIGHTS ISSUE General Corp Issue of $49.20* 936 nominal amount of 8% Convertible Unsecured loon stocks ICUISJ 1988/93 on the bosis of $2 nominal amount of loan stocks for every five GCB shores of )l eoch or $2 nominal omoufft of CUIS 1988/93 for every $7 50
        65 words
      • Article
        PROPOSED ISSUES
        344 16 Company RIGHTS ISSUE C 1 Holdings 27 million loon stocks in the ratio of $3 loon stock (or every five ordinary shores held Causeway Inv Issue of $7.*****7 nominal amount of 6% loon Stock 1969/94 on the basis of $1 nominal amount of loon stock with two TSRs
        344 words
    • Article
      SES SHARE INFORMATION
      5697 16 1M High Low Tel Cod* Company Last Sal* DEC 2t OTVol COOO) Day Laat Qu Nigh Low Buyer Si ola liter Qr's Dtv Dhr Cw Qr*a rid Net P/E M Cap Smil SECTION ONE INDUSTRIAL ft COMMERCIAL 141 85 218 167 135 460 209 350 129 167
      5,697 words
    • KLSE
      • Article, Illustration
        Broad gains in KL
        3328 17 SHARE PRICES on the Kuala Lumpur stock market closed with extended gains on further speculative buying yesterday. Business volume also increased markedly. In tandem with the higher Tokyo opening, share prices took off slightly above overnight level in moderate trading. Brokers said trading gained momentum thereafter
        3,328 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Sacrifices of legislative aides in Japanese politics
        661 18 NYT THE RECRUIT COSMOS scandal has shed some light on the relations between politicians and their aides or, more precisely, on the sacrifices aides are expected to make for their bosses. "We are like underwear," said one legislative aide. "We cover up parts
        NYT  -  661 words
      • Article
        Lock icon Daewoo to set up joint-venture plant with China
        308 18 UPI THE DAEWOO group, one of South Korea's top conglomerates, and authorities of Zhejiang province of China have agreed to set up a joint-venture plant in Korea producing electronic parts. Radio and daily paper reports said the project in which Daewoo would
        UPI  -  308 words
      • Article, Illustration
        Lock icon Record closing high
        549 18 Tokyo Reuter THE TOKYO stock market, riding a wave of optimism for the New Year, rallied to end 1968 at a record high close yesterday, brokers said. "A lot of it is Just year-end window dressing, but there's also some fundamental buying for the New Year." said
        Reuter  -  549 words
      • Article, Illustration
        Lock icon Stocks close firmer
        463 18 Australia Reuter A SPRINKLE of local institutional buying, particularly in major bank stocks, boosted Austrslian share prices yesterday. "There has been a little bit of locsl buying around," one broker said. "A small amount of buying is going to exaggerate the upward trend," he said, in reference
        Reuter  -  463 words
      • Article, Illustration
        Lock icon Prices advance in light trading
        1344 18 Hongkong AP SHARE PRICES on the Hongkong stock exchange advanced in thin trading yesterday as fund managers snapped up quality blue chipe to strengthen their portfolio for the end of the year, brokers said. The Hang Seng Index, the market's prime indicator of blue chipe,
        AP  -  1,344 words
      • Article
        Lock icon Taipei: Lower finish
        401 18 Reuter MOST TAIWANESE share prices closed at their 5 per cent lower limits after widespread selling, dealers said. The weighted index dropped 257.9 points, or 4.6 per cent to finish at 5,345.46 compared with Tuesday s 5,603.36 cloee. Turnover was NT532.19 billion against NT546.87 billion. Palls led
        Reuter  -  401 words
      • Article
        Lock icon Bangkok: Index down
        176 18 Reuter THE SECURITIES Exchange of Thailand Index fell 1.43 points to 364 00 yesterday on a turnover of 7,059,102 shares valued at 431.27 million baht. oec a BAHT Ao Kham Thai Ayudhya Invaatman Bangkok Agro-lryj Bangkok Bank Bank Ot Avudtiya Charoong That Wirt A CaNa Data rial
        Reuter  -  176 words
      • Article
        Lock icon New Zealand: Quiet trading
        114 18 Reuter NEW ZEALAND share prices rose in quiet trading yesterday as the market reopened after the Christmas break. The Barclays Index added 8.48 to 1.834.56 with only 1.6 million shares traded. There were 19 rises against 15 falls. Bank of New Zealand dropped four cents to
        Reuter  -  114 words
      • Article
        Lock icon Manila: Profit-taking
        73 18 Reuter PROFIT-TAKING halted a recent surge in Philippine stocks yesterday with the Manila exchange's composite index rising only 0.04 points to 823.02. Mining shares were mostly down. "There was some prof-it-taking but trading was pretty slow ahead of the New Year holiday,'' said a broker. Combined volume on
        Reuter  -  73 words
    • WORLD MARKETS
      • Article
        Lock icon Stocks down in listless trading
        271 19 New York Reuter US STOCK PRICES ended a listless session lower on Tuesday, bolstered only by newly-announced takeovers and other special situations. Traders said the activity was typical of a day after a long holiday weekend. Firm oil prices pressured both stock and bond prices.
        Reuter  -  271 words
      • Article
        Lock icon Mixed opening in quiet trading
        251 19 London Reuter LONDON share prices opened narrowly mixed to firmer in low turnover yesterday as trading resumed after the Christmas holiday. News last Friday that Britain's November current account deficit had narrowed to £1.6 billion roughly in line with forecasts from October's record shortfall of
        Reuter  -  251 words
      • Article
        RESULTS DUE
        282 19 LAST FULL YEAR C— Period Date Year Net EPS Groa Net announced ending (cents) dtv profit latt year ($*000) Sel Properties Interim Jul 30 Oct 88 09 1.0 2.808 AJcom Interim Sep 22 Dec 88 19.0411 Leoog Hoot Interim Sep 29 Dec 88 5351 M*lon Fmilh Interim Oct
        282 words
      • Article
        RESULTS OVERDUE
        114 19 LAST FULL YEAR Company Portod Date Yoor Not EPS Grow Not announced ondlng (conn) dfcr profit Ion yoor ($•000) Dvta Com Final Aug 28 Doc 86 4.8481 Grand Utd Hldgj Final Jun 30 Jun 87 19.1941 Sopromo Corpn Final Jun 30 Jun 87 28.1671 lot Wood Final May
        114 words
      • Article
        BONDS, LOANS & WARRANTS
        634 19 BONDS, LOANS WARRANTS Company Upkryl dUSS" 11 Coupon Convection ported ii Conversion term lor one ordinary CK Tang Wrts *****990 Oman Hyp Wrti 199) City De* Bands 1994 Chy D*v Wm 1992 G Corp CULS 1989 M Prop bonds 1993 H Prop Wrts 1993 H Tai-Pon Wrts 1992 Wmo-Poc Loon
        634 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1042 19 Reuter PARIS: French share prices were easy but steady on their opening yesterday in quiet trading at midsession as operators took profits after recent strong gains, dealers said. The 50-share price indicator was down 0.18 per cent at 1200 GMT, unchanged from the opening. Blue chips were
        Reuter  -  1,042 words
      • Article
        Lock icon AT&T makes US$250m cash bid for Paradyne Corp
        286 19 NYT THE AMERICAN Telephone Telegraph Co has said that it would pay about US$25O million in cash for the Paradyne Corp, a data communications equipment producer thought to be on the verge of a turnaround. Paradyne, based in Largo. Florida, has lost
        NYT  -  286 words
      • Article
        Lock icon GEC deal altering EC industrial landscape
        889 19 FT SOME VERY large pieces of a European industrial jigsaw puzzle have suddenly slotted into place. The deal announced just before Christmas to merge the power systems business of Britain's General Electric Company and the Alsthom subsidiary of France's Compagnie Generate d'Electricite answers some
        FT  -  889 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      73 15 A $30,000,000 Negotiable Floating Rate Australian Dollar Certificates of Deposit due 27th March, 1990 The Sanwa Bank Limited Singapore Branch In accordance with the provisions of the Certificates, notice is hereby given that for the three month interest period from 28th December, 1988 to 29th March, 1989 the Certificate will
      73 words
    • Advertisement
      Page 15 Advertisements Column 2
      78 15 Financial Newsmakers MOSCOW NMODNY BANK LIMITED Singapore Branch mnb: U5530,000,000 NEGOTIABLE FLOATING RATE US DOLLAR CERTIFICATES Of DEPOSIT DUE DECEMBER 30,1991 In accordance with the provisions of the certificates, notice is hereby given that for the interest for the period from December 29, 1988 to June 29, 1989, the certificates
      78 words
  • Page 15 Miscellaneous
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  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      423 18 NOTICE IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF SUM AH WING SECRETARIAL SERVICES (PTE) LTD (Incorporated In the Republic of Singapore) (In Liquidation) (Members' Voluntary Winding-Up) At an Extraordinary General Meeting of the abovenamed Company duly con- j vened and held at 101-A!
      423 words
    • Advertisement
      Page 18 Advertisements Column 2
      675 18 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF ANG NGO ENG SONS PTE. LTD. (Incorporated in the Republic of Singapore) (In Liquidation) (Members' Voluntary Wlnding-Up) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 7500 A Beach Road #09-318,
      675 words
    • Advertisement
      Page 18 Advertisements Column 3
      165 18 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We. Austasia Maritime Pte Ltd of 200 Cantonment Road #16-01. Southpoint. Singapore 0208 hereby give notice that in consequence of reallocation of name we have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant Shipping Act (Chapter 172.
      165 words
    • Advertisement
      Page 18 Advertisements Column 4
      26 18 Now At Newsstands HOME Gt DECOR The newest decorating trends and the best ideas are in this glossy and practical magazine DEC-JAN '89 MANAGEMENT every Monday
      26 words
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  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      14 19 NY >Johannesburg and othar Europaan prtca* wara not avallabla dua to a tachnlcal fautt
      14 words
    • Advertisement
      Page 19 Advertisements Column 2
      465 19 A The Mitsubishi Bank, Limited Incorporated in Japan with Limited Liability REPORT OF INDEPENDENT AUDITORS 1o the Board of Directors of The Mitsubishi Bank. Limited We have examined the accompanying Non-Consolidated Balance Sheet of The Mitsubishi Bank. Limited as of March 31. 1968 and 1967. and the reiaied NorvConsohdaied Statements
      465 words
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  • Article
    JTC operating surplus up 52 per cent
    550 20  -  Move to market expertise abroad By BOEY KIT YIN BUOYANT business conditions and cost-cutting measures helped the Jurong Town Corporation (JTC) achieve its best growth in operating surplus in recent years. In its last financial year ending March 1988, the JTC registered a
    550 words
  • Article
    JTC marketing building expertise abroad
    339 20 THE Jurong Town Corporation (JTC) has gone international to sell its building expertise. A statement accompanying its latest annual report said the move would involve setting up and operating industrial estates overseas. JTC chairman Yeo Seng Teck said the board is now negotiating with Thai
    339 words
  • Article, Illustration
    Lock icon India, Pakistan discuss nuclear accord
    448 20 Reuter PAKISTAN and India, which have fought three wars, may soon sign an agreement not to attack each other s nuclear installations, officials of the two countries said yesterday. They said it was not certain whether the accord, which would be a major development in
    Reuter  -  448 words
  • Article
    Funds approved under small industry scheme stand at $1.2b
    283 20 THE ECONOMIC Development Board (EDB) has so far approved funds of $1.2 billion under the Small Industry Finance Scheme (SIFS). Launched in 1976, SIFS is one of seversl developmental and financial assistance schemes administered by EDB to help smsll snd medium
    283 words
  • Article, Illustration
    Lock icon PLO official critical of Mubarak wanting to visit Israel
    413 20 UPI EGYPTIAN PRESIDENT Hosni Mubarak's proposed peace visit to Israel, now tied to the Jewish state s opening of direct talks with the Palestine Liberation Organisation, has met with resistence in Jerusalem and drawn criticism from a PLO official. The added
    UPI  -  413 words
  • Article
    Lock icon Foreign workers push wages down in Sabah, says official
    171 20 AFP FOREIGN WORKERS in Malaysia's Sabah state have driven the daily average wage for unskilled labourers down by some 30 per cent, the State Labour Department said yesterday. Labour Department director Lee Thien Su in Kota Kinabalu said wages of unskilled
    AFP  -  171 words
  • Article
    Lock icon KL court grants application to sell Umno property
    395 20 Bernama KUALA LUMPUR High Court yesterday granted an application by Bank Bumiputra Malaysia Berhad (BBMB) to auction a piece of land owned by Pertubuhan Kebangsaan Melayu Bersatu (Umno) to recover more than Ms3oB million due to the bank. Three buildings Putra World
    Bernama  -  395 words
  • Article
    Lock icon Buildings and land valued at M$1 billion
    148 20 Bernama PUTTING a price tag on the 3.6hectare land owned by Umno, on which standa the 41-atorey Menara Datuk Onn, the Pan Pacific Hotel and the Putra World Trade Centre, ia a difficult job. To get a proper perspective as well as an
    Bernama  -  148 words
  • Article
    Lock icon New Umno Youth regrets bid to team up with PAS
    225 20 Bernama NEW UMNO YOUTH yesterday expressed regret over the bid by former Trade and Industry Minister Tengku Razaleigh Hamzah and his group to team up with the fundamentalist Islamic party PAS to revive what is known as the "Spirit of
    Bernama  -  225 words
  • Article
    Lock icon 'Assistants to act as district officers'
    152 20 Bernama THE KELANTAN government may delegate power to assistant district officers to perform the functions of district officers whose transfers are being disputed, Chief Minister Tan Sri Haji Mohamed Yaacob said yesterday. He said a committee headed by Deputy Chief Minister Datuk Ahmad Rastom
    Bernama  -  152 words
  • Article
    Lock icon Comex gold and silver
    82 20 Reuter Comex gold futures fell sharply early yesterday, pressured by the firmer US dollar and commission house selling in thin holiday conditions, traders said. Gold opened about US$3.O lower following weaker, nervous overseas markets and declined further as automatic sell stops were triggered. February gold fell
    Reuter  -  82 words
  • LATE FILE
    • Article
      Lock icon A more active role for Japan
      70 20 AFP JAPAN should play a more active role in invigorating economic activity in the Asia-Pacific region, Japan's new International Trade and Industry Minister, Hiroshi Mitsuzuka, said yesterday. Mr Mitsuzuka, who replaced Hajime Tamura on Tuesday in a Cabinet reshuffle by Prime Minister Noboru Takeshita.
      AFP  -  70 words
    • Article
      Lock icon Seoul calls for premiers' meeting
      81 20 Reuter SOUTH KOREAN Prime Minister Kang Young-hoon yesterday proposed an unprecedented meeting with his North Korean counterpart to discuss exchanges of people and goods as a first step towards reuniting the peninsula. North and South Korea have had no transport communications, mail or any other
      Reuter  -  81 words
    • Article
      Lock icon Indon exports earn more
      65 20 AP THE VALUE of Indonesia'a exports reached US$l4.6 billion in the first nine months of this year, up from US$l2.4 billion in January-September last year, the Central Bank said yesterday. The 1968 exports included US$4.2 billion worth of oil. US$2.3 billion of liquefied natural gas and
      AP  -  65 words
    • Article
      Lock icon Ex-minister to be probed
      67 20 Reuter THE SRI LANKAN government said yesterday that it was setting up a commission to investigate allegations that former Finance Minister Ronnie de Mel had received unlawful payments from two British companies. Mr de MeJ resigned last January after being Finance Miniater for 10 years and
      Reuter  -  67 words
    • Article
      Lock icon Tourism earnings on the rise
      60 20 AFP TOURISM earned Indonesia US$9O7 million in the nine months to December, up 21 per cent on the same period in 1967. Antara news agency quoted Minister for Telecommunications, Post and Tourism Soesilo Sudarman as having said that about 1.1 million tourists had visited Indonesia,
      AFP  -  60 words
    • Article
      Lock icon First batch of refugees to return
      73 20 UPI THE FIRST group of Vietnamese boat people who have agreed to be repatriated from Hongkong will return to their homeland in a few weeks, the colony's Secretary for Security said yesterday. Geoffrey Barnes said that he hoped the repatriation of 300 Vietnamese who
      UPI  -  73 words
  • Article
    Coopers & Lybrand partner wins court appeal
    355 20 Coopers Lybrand partner wins court appeal A SENIOR partner of Coopers Lybrand, Chew Kia Ngee. has won his High Court appeal against a five-year suspension for alleged professional misconduct. Mr Justice L P Thean, who granted his appeal yesterday, said: "In my opinion, what he did falls short of the
    355 words
  • Article
    Lock icon Cory: Autonomy plan to go on
    129 20 AFP PRESIDENT Corazon Aquino yesterday expressed determination to push ahead with her programme of limited autonomy for the Philippines' Muslim minority to quell demands tor a separate state She was reacting to published reports quoting the Libyan Ambassador to Manila, Salem Adim, as having
    AFP  -  129 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      10 20 South Asian grouping flnallsas roport on draft declaration, PAQE 4
      10 words
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      Page 20 Advertisements Column 2
      141 20 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitc hens, elegant one or two bedroom suites right in the heart of Orchard Road. At The Ascott, we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate in
      141 words
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  • SHIPPING TIMES
    • Article
      APL makes priority berthing arrangement with PSA
      266 21 AMERICAN President Lines (APL) has signed its first priority berthing agreement with the Port of Singapore Authority. From next year, the major trans-Pacific carrier will be the first choice at Tanjong Pagar Terminal's Berth Cl 2. Mr Daniel P Herbert, regional managing director
      266 words
    • Article
      Lock icon OOCL to pull out of Anera, TWRA
      259 21 Reuter ORIENT OVERSEAS Container Line Ltd. subsidiary of Orient Overseas (Holdings) Ltd, has decided to withdraw from two major freight conferences covering North America, according to director Wilson Hung in Hongkong. Orient Overseas plans to withdraw from the Asia North America Eastbound Rate
      Reuter  -  259 words
    • Article
      Lock icon Manila port hit by stevedores' strike
      156 21 AFP A STRIKE by some 3.000 stevedores has paralysed operations in Manila's international port. The dockhands were asking the Philippine Ports Authority (PPA) to facilitate the release ot a five million-peso (U*****,000) severance pay fund from their firm, which was dissolved by the government
      AFP  -  156 words
    • Article
      Lock icon Suez Canal turns in record earnings
      138 21 Reuter THE SUEZ CANAL earned Egypt a record US$l.3 billion this year. Canal authority chairman Ezzat Adel said last week that the figure was US$l2O million up on the previous record in 1987 A toll increase from Jan 1 is expected to boost earnings
      Reuter  -  138 words
    • PORTSIDES
      • Article
        Lock icon Egyptian port, terminal reopens
        75 21 Reuter EGYPT'S main port of Alexandria and a nearby oil terminal were reopened on Tuesday after a two-day closure due to bad weather. Strong winds and high seas forced officials last Sunday to close the port and the Suez-Mediterranean Arab Petroleum Pipeline Company terminal at Sidi
        Reuter  -  75 words
      • Article
        Tanker drifting crewless
        79 21 A BURNING CYPRIOT TANKER carrying 150,000 tonnes of condensate is adrift in the Indian Ocean after the rescue of her 39 crew, the Australian Sea Safety Centre said yesterday. Shipping has been warned to watch out for the 250,000-tonne Boni about 950 km south of Sri Lanka.
        79 words
      • Article
        Lock icon Mitsubishi launches more ships
        67 21 AFP MITSUBISHI Heavy Industries Ltd (MHI) said yesterday that it has launched 30 vessels, aggregating 1.014 million gross tonnes in calendar 1988, up from the previous year's 20 vessels totalling 735,827 gross tonnes MHI, Japan's top shipbuilding firm, said the 1988 total included 10 export ships
        AFP  -  67 words
      • Article
        Lock icon Organisations to join forces
        64 21 International Transport Journal COPENHAGEN-BASED Bimco. The Baltic and International Maritime Council, and London-based Institute of Chartered Shipbrokers will join forces in the field of shipping education. The two organisations are of the opinion that under the agreement they will be able to energetically promote and support
        International Transport Journal  -  64 words
    • Article
      Lock icon Shipowners still pursuing fuel economy measures
      1237 22 Financial rewards significant enough to justify practices Seatrade Business Review FOR MANY SHIPOWNERS these are buoyant times. Freight rates are healthy, bunker prices are low and trading as a result is increasing. With little prospect of oil prices rising in the near future, do
      Seatrade Business Review  -  1,237 words
    • Article
      INDEX TO ADVERTISERS
      780 22 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrons VII 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 Arrow Lines IX 5 ASCI HI 1 Awards Shpg V 4 Bolt-Canada line VII 4/5 Bait-Orient line VII
      780 words
    • Article
      Lock icon Total to reduce search budget
      367 23 Lloyd's List TOTAL, the French oil company behind a bid for 30 per cent of Norwegian energy independent Saga, is cutting back on its exploration budget and selling US upstream assets for more than US$lOO million. The group plans to trim its exploration budget for
      Lloyd's List  -  367 words
    • Article
      Lock icon More than 250 missing in ferry sinking in Bangladesh
      268 23 Reuter MORE THAN 250 people were missing after a river ferry, rammed by a cargo ship, capsized and sank on Tuesday, Dhaka police said. Rescue workers recovered 11 bodies floating on the Dhaleswari river. About 25 people swam to safety but
      Reuter  -  268 words
    • Article, Illustration
      Tilbury to spend £2.5m on expansion of facilities
      87 23 THE PORT OF TILBURY, already Britain's largest forest products handling port, is to spend £2.5 million to expand its facilities. New berths will be created and existing berths enlarged to provide more than six acres of covered accommodation and a substantial increase
      87 words
    • Article
      PORT CONDITIONS
      264 23 ALL SURVEYS were conducted on Dec 5. Argentina Buenos Aires 35 vessels operating. Bahia Blanca Waiting time of up to 3 days. Australia All ports Normal operation. Bangladesh Chittagong 25 vessels operating. Brazil Santos 35 vessels operating. Rio de Janeiro 25 vessels operating. Cameroon Douala Normal operation. Canada
      264 words
    • Article
      Lock icon Staff bid for control of Harland and Wolff
      220 23 Reuter MANAGERS and workers of Belfast's Harland and Wolff shipyard have made a formal joint bid for control of the state-owned yard. The British government has sold several state-owned corporations to private investors and offered the yard to the staff after Indian-born
      Reuter  -  220 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5853 28 AARHUS £v«r Gleeful Ewgrwi, Dk 28 Cardiff Bay Hapag-Lloyd/NYK Lin. Dk Ming Comfort Vang Ming Dk 11 Benalder Hapag-Lloyd/NYK Lin. Ok 31 M Ron.rd.fn MtrM Lin*. Jan 1 Andara M Mawtt Lin. Jan V 4 Eva' Gooda Ewgraw Jan 3 I Villa
      5,853 words
    • Article
      SHIPS IN PORT
      1385 28 AT CONVENTIONAL WHARVES VmmI Berth Arrival Departure KEPPEL WHARVES April Glory KI9 alongside 29 12/1500 Equator V K22 alongside 29 12/0700 f t IC30 alongside 0312/0700 Iriaowo K3I olongside 29 12/1500 ICoto Nogo K32 alongside 30 12/2300 Kotteng K20 alongside 01 01-2300 I Jot Bono" KI8 alongside
      1,385 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      589 21 TIMES STP Distributors jßj WW// IDedica+ed to se»*vice jAfIOINE SHIPPING AGENCIES 200 Cantonment Road #12-05 Southpoml Sinflapore 0206 Tel *****11 Tete« RS ***** Facsimile *****09 TERMINAL/CFS Tel *****11 *****19 *****20 FOR CUSTOMER SERVICE INQUIRIES AND BOOKINGS Tel *****3<V5 PESAXA JAR DINE SHIPPING AGENCIES SDN IHO PORT KELANG Tel *****18 Tw«
      589 words
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      Page 21 Advertisements Column 2
      99 21 \m\rn WITH LITTLE PROSPECT of oil prices rising in the near future, do owners really feel they must persist with the fuel economy measures they so ardently pursued after the oil crises of 1973 and 1978? The consensus is yes. Page II TOTAL, the French oil company behind a bid
      99 words
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      Page 21 Advertisements Column 3
      666 21 INTERMARINE SUPPLY CO (PTE) LTD T*l: *****33 (6 llnM) Tl. iMCCO R*****8 Fit 265»47 MAERSK LINE This week Arnstadt Closing Time CV 31/12 0400 HRS CFS 30/12 1800 MRS ARNSTAOT 24MK 31/12 REGINA M 8902 2/1 LEXA M 8902 10'1 MCKINNEY M 8902 16/1 LEOA M 8902 24 1 LICA
      666 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      538 22 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP CARDIGAN BAY BENALDER KOWLOON BAY BENAVON OSAKA BAY TOLAGA BAY NIPPONICA ALSO ACCEPTING CARGO TO ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN, COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT BENAVON KASUGA 1
      538 words
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      Page 22 Advertisements Column 2
      17 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association
      17 words
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      Page 22 Advertisements Column 3
      493 22 Agents POLISH OCEAN LINES Optorg Shipping Pte Ltd Tel ???3;*4 T Kelang > Telei RS ."l/iS piling Jaya ?*?»3 'V Fai 725M51 Pfnjng 6.'3:«i> EXPORTS DIRECT CONTAINERISED SERVICE TO CANARY ISLANDS VtSSEL'VOYAtt PNC PKL CF KLEEBERC 22 (002) (2301) J.C. KOR2ENIOWSKI 21 (24®) (24®) CONVENTIONAL SERVICE TO S E ASIA
      493 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1224 23 The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINER SERVICE TO UK CONTINENT CONTAINERSHIP SERVICES TO/FROM BANGKOK PEGASUS PIONEER VIJN Jan «M 7 J*" PI CASUS PROGRESS V553N J»" J*" BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****00 SINGAPORE TO SABAH. SARAWAK AND
      1,224 words
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      Page 23 Advertisements Column 2
      674 23 USA/PANAMA EUROPE WF MS nil *F MM 22.11 WF 005 IS 12 WF MH s. SENATOR LINK rvr HTM General Agant if or EE HI 12.12 13.12 EE W VIA HTM 27 12 EE MS DJI ll 01 EE M 4 27.01 2SJI rrm WA K4 IZZ.II WA Ml 17.12
      674 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      458 24 IHSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES Singapore Loading (or IRAN MAHAUATI PJLCCt SLD BANDAR ABBAS KYOWA LINE ■OTHER VSI HK LOAO FOR: KYOWA HIBISCUS V 34 2/1 VILA. NMA. LTK, SUVA, PACO, APIA KYOWA VIOLET V 23 25/1 VILA. NMA. LTK, SUVA, PAGO. APIA CUAM/SAIPAN SERVICE
      458 words
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      Page 24 Advertisements Column 2
      806 24 0. HANJIN SHIPPING CO., LTD. IoUTBOUNDSERVIC^^^^^^^^^^^ TO EUROPE VIA SUEZ KOREAN CHANCE 40W NUMBER BRIDGE 1W CHOYANG SUCCESS IN HANJIN ROTTERDAM IN TO FAR EAST PORTS A Member of the Ace Consortium To*»« 14/1 14/1 2VI 2*l 29/1 S port H Kanf 4/1 il 1 10/1 13/1 11/1 16/1 NEPTUNE
      806 words
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      Page 24 Advertisements Column 3
      82 24 INDIA STEAMSHIP FORTNIGHTLY EXPRESS CONTAINER SERVICE TO INDIA SRI LANKA SIN HAL CAL CBO MAI i. courier vm K«1 Sukiact to nfyt—.nt Agents SHARIKAT TRANS ORIENT SDN. BHD. SINGAPORE *****10, *****56 PORT KELANQ: *****M/5 Be |7\ LIN LIN SHIPPING PTE. LTD. j 1 Rtt*d M> 01 Central Bu.ld.n* S nf
      82 words
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      Page 24 Advertisements Column 4
      780 24 u J? (EVERGREEN Full Container Service lound-The-World East Bound (FE/CARIB/USEC/EURQ/FE) SGP HKG KSC KLC PUS OS* TYO CKS mjootKN MiMiwiwunaiiiniiEVER GLOBE 13« 1W IIC M 22« 27JQ SS EVE* GENIUS nt: 2W 2W M Mt eve* giant nm nm nm mm m i«« 13*2 EVER GENTRY 03*8 07*2 OMB 10*2
      780 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      839 25 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE VESSEL SEA GLORY PIYA BHUM JARU BHUM HAI HUI JENLMK SIR) BHUM VOY SIN BLW PEN PKL SIN 5024
      839 words
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      Page 25 Advertisements Column 2
      466 25 irm BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE 8/1 MAKEDONJA VOYI 27/1 ACRITAS 5S 12/2 ER BRUSSELS 4S HKG NOUMEA
      466 words
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      Page 25 Advertisements Column 3
      539 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TMKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE SRIWIJAYA/25W8 PALEMBANG/11WB KUTAI/16WB ANTWERP HBURG ROAM/ADAM BREMEN 5/2 10/2 17/2 20/2 27/2 2/3 Sub|«ct to Inducement. Alto accepting cargo to Casablanca, Port SaM, Port Alexandria,
      539 words
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      Page 25 Advertisements Column 4
      403 25 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPIMB CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok PAGAN VI34W D*/2 Jan LASHIO V* Jan HTONEYWA V242W Jan PA-AN VUJ* 12/14 Jan £3 BANK LINE SEMI-CONTAINER SERVICE HLAVY LirrcAPAgTrrrr NORTHBOUND TO UKC SPORE RDAM HULL HMBC IVYBANK V23N 20/1
      403 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      685 26 ra K LINE KAWASAKI KISEN KAISHA. LTD. RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH N. AMERICA-ATLANTIC COAST VOY *INDO 16 27/12 RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH N. AMERICA PACIFIC SOUTH-WEST HUMBER BRIDGE TRANSWORLD BRIDGE NEPTUNE RUBY ACE CONCORD »l» HtDtK NEPTUNE RUBY IE NEPTINE CRYSTAL 48E
      685 words
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      Page 26 Advertisements Column 2
      379 26 i Accepting LCL and containerised cargo** Direct to South Africa OSAKA MARU 6943F HAYAKAWA MARU 7042F VAAL 7140F VIRGO 0903G VAAL 6739G WW// L^J P.Eli* C Town Durban S pore U 6641G 13/12 15/12 18; 12 11/12 13/12 21/12 11/1 2M2 29; 12 1/1 l*/l JARDINE SHIPPING AGENCIES (REG *****4/
      379 words
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      Page 26 Advertisements Column 3
      644 26 a a J AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL7FCL Containers S'HADore P KManj Panang ..aading lor Mottw Ys) Bi f«o*< By Feeder HAL'MS V4O i Jan 1 Jar Ilm From Met) Sydn Adel TULSIDAS ¥39 If (b X Jin aim Frem Melb Sydn Adel KAIIDAS V4l 9Ma I Mar 2
      644 words
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      Page 26 Advertisements Column 4
      492 26 GOLDEN LINE GUftN GUAN SHIPPING (PTE) LTD 23 T#lo« Strict SINGAPORE 0104 TEL U43W (It LINES) Fai SM3SO4 STRAITS/PERSIAN GULF SERVICE: GOLDEN BEAR Cotombo KkkKi Outa. GOLDEN HARVEST Cotanbo K*r»ct>. Dutu. Bafcrj.r CHINA SERVICE A VESSEL Slung**' P Kelang Penang •Plil« "P»n CU CHENG M 4/1 GAO CHENC I*l »1
      492 words
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      Page 26 Advertisements Column 5
      373 26 t i iiui 3ua> i/cvcuiuui iauu PHIU Oni€NT LIN€S PTC LTD HEAD OFFICE 63 ROHNSON ROAD «07 12 AFRO ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHIII FAX *****76 COLOMBO. KARACHI, BOMBAY MADRAS CALCUTTA 131/12 |CHITTAGONC EAu/wBT awca/mb. ro. >ta »wct [io/i I MOMBASA. DARESSALAM ASSAB I 4a. 14/1 BEIRA.
      373 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      681 27 NEPTUNE AGENCIES PTE LTD FE EUAUST TPA/SEA \\NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE HIUY CONTAINERISED SERVICE A m.m G*n«ral Enquiries: T«l: *****77 Terminal CFS BOOKINGS 221X22 *****53 NEPLINE SDN BHD J6MB7 NEPLINE SDN BHD *****33 NEPLINE SDN BHD *****5/627M0/*****1/62?i42 NEPLINE SDN BHD nmmnwm rolthi ACE Consortium *****53 27*5742 *****1t *****1t
      681 words
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      Page 27 Advertisements Column 2
      439 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG. PENANG, KEELUNG. BUSAN. INCHON STRAITS/KOREA SERVICE Vested Name ETD BS S PORE PKLG KEE BUSAN MOJI #DRAGNET VMN 14/12 In Pt XKIU O4O»01 10 10«1 11/01 -NO 9 DONAM/tllN 22 24/12 03 0M» 1011/01 1115/01 22-24/01 22/01 •GLORIA 114N 24
      439 words
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      Page 27 Advertisements Column 3
      855 27 f Oil Now v 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 HAI THONG SHIPPING 127 Penanf Street. Pen*!*. Malays* M/S HANDLING
      855 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      250 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 L.nesl FAX *****39 *****76 TtLEX RS ***** A/B SSCMA RS ***** A B SSCAD I DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK < —d INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -VIA LARNACA ACCEPTIN6 CARGO FOR lIMASSOL
      250 words
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      Page 28 Advertisements Column 2
      77 28 WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TSKLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. SOVEREIGN ACCORD Vl7 ETA SIN 2/1/S9 I KAOHSIUNG 4 OAYS SPORE P- KEELUNG TOKYO SHIMIZU NAGOYA KOBE 5 DAYS 8 DAYS TSKLINE AGENCIES (S) PTE LTD TEL: *****68 W MALAYSIA AGENT TRANS ASIA SHIPPING
      77 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      162 28 I Regional Weather 5t £v» r •I .j) 5* K 9 m IS? LLilk SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. Dw 29, 1988 W*>d drect»on with speed m knots Wove height LEGEND R Thunderstorm Temperature c A Shower Weother Wind d*ect*on with speed m knots Ran \y Cloudy
      162 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      783 29 CSP SHIPPING AGENCIES PTE. LTD. (FULLY CONVENTIONAL) VESSEL ETA SIN TBN 25.12.88 GHITTA6ON6 CALCUTTA/KAOSHIUNG Special TWIN 25 TON HEAVYLIFT TEL: *****66 (16 Lines) Tlx: ***** CSPFRT Fax: *****61 Hamburg West Germany Tiger Line P. Kelang Loading for SWEE LONG SATU Voy 141 2/1 Bintulu, Miri. Kuchinf CONTAINERISED SERVICE RIBUAN JAVA
      783 words
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      Page 29 Advertisements Column 2
      657 29 < cfs > CRYSTAL FREIGHT SERVICES Tbl *****81 Tlx: ***** CFSIN FU: *****H TORONTO/VANCOUVER LOS ANGELES/NEW YORK ROTTERDAM/HAMBURG FELIXSTOWE/LONDON SYDNEY/MELBOURNE FREMANTLE P. MORESBY/ LAE/ RABUAL COLOMBO HONGKONG/CHINA BANGKOK KEELUNG/KAOSHIUNG MANILA BUSAN P. KELANG/PENANG TOKYO/YOKOHAMA JAKARTA 3/1/89 5/1/89 4/1/89 4/1/89 6/1/89 2/1/89 4/1/89 3/1/89 3/1/89 2/1/89 1/1/89 1/1/89 1/1/89 4/1/89 2/1/89
      657 words
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      Page 29 Advertisements Column 3
      82 29 COMPANIA CHILENA DE NAVECACION INTER OCEANICA SA (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE ARI IQUIQUE VALPARAISO STO LAY 0406 10/03 14/03 CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71, *****65 FAMOUS HOT-LINE *****33 LCL/FCL CONVENTIONAL ROTTERDAM/HAMBURG TYO/YOK 3/1 2/1
      82 words
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      Page 29 Advertisements Column 4
      322 29 71 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 HO IRAQI LINE '«»0' |Q« MtRITIMf TR«RS'O«T MV SINDBAD EAST BOUND SERVICE ETA S PORE LOADING FOR Sailed Japan Hen iTSSS!!£L%! 10 ba choao upon request ALSO ACCEPTING CONTAINERS UPTO AQABA 4 BAGHDAD IN JAPAN ON
      322 words
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