The Business Times, 16 March 1989

Microfilm: NL16518
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, MARCH 16, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    255 1 Dow up WALL STREET stocks rose in early trading yesterday following news of a January US merchandise trade gap slightly below forecasts and a drop in imports. The December figure was revised upward. Analysts said favourable early reaction could fade as the gap was close to forecasts.
    255 words
  • Article
    New post-crash high for ST Industrials Index
    391 1 THE SINGAPORE stockmarket soared to a new post-crash high and posted record volumes yesterday, buoyed by strong buying from institutions and speculators of property and hotel stocks. The Straits Times Industrials Index climbed 12.94 points to 1,179.91, inching past its old high of
    391 words
  • Article
    Lock icon US trade deficit narrowed
    104 1 AFP rowed to US$9.5 billion in January from a revised US$ll billion in December, the Commerce Department reported yesterday. Economists in Washington had generally predicted a January deficit of around US$9.B billion. With the January trade report, the department changed its report procedures by removing the
    AFP  -  104 words
  • Article
    Disclosed: Sydney Hilton bought by Ong Beng Seng
    583 1  -  Bond reveals buyer's identity to ward off inquiry By FLORENCE CHONG,LEE HAN SHIH ONG BENG SENG has emerged as the mystery buyer who stunned the Australian property market a year ago by paying As3oo million for Alan Bond's Sydney Hilton hotel. The
    583 words
  • Article, Illustration
    Lock icon Singapore invested M$420m in Malaysia in 1988
    386 1 Bernama MORE SINGAPORE investments have flowed into Malaysia than any other country over the past two years, the Republic's High Commissioner to Malaysia, S R Nathan, said yesterday. Mr Nathan, who was on a one-day official visit to Kangar, Perlis, said Singapore investments
    Bernama  -  386 words
  • Article
    Lock icon Taiwan to review trade plan
    109 1 AP TAIWAN'S Economics Ministry has ordered the Board of Foreign Trade to review a draft proposal calling for the removal of trading curbs on Indochina, North Korea and Cuba, officials said yesterday. Wu Ching-tang. deputy director of the board, said the ministry rejected the draft
    AP  -  109 words
  • Article
    Half-tank ruling soon for motorists going across the Causeway
    463 1  -  By LILIAN ANG MOTORISTS going across the Causeway from Singapore will soon have to ensure that their vehicles have at least half a tank of petrol. The proposed ruling was spelled out yesterday in explanatory notes to the amendments to the
    463 words
  • Article
    Mobile dreams
    48 1 CAR DEALERS spent a huge sum of money in a frenzied drive to launch new models last year to catch the buoyant market. Exactly how much did they spend? And how much will they spend this year? Advertising Marketing on Page 3 has the answers. V >
    48 words
  • Article
    SAF to continue to get the best and ablest: BG Lee
    568 1 THE GOVERNMENT will continue to induct the best and ablest into the Singapore Armed Forces, already a storehouse of brain power, and also deploy top talent there to elsewhere in the public sector, said Brigadier-General (Res) Lee Hsien Loong
    568 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      165 1 Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; *****22 Kuala Lumpur: Phone, *****33 Penang: Phone, *****5/*****1 Jakarta: Phone. *****5 A 2ND CHANCE TO WIN CASH PRIZES IN (NIB'S $1000,000 LUCKY DRAW 2nd Ora*: 18 September 1989 88 cash prizes to be won Those who missed
      165 words
    • Advertisement
      Page 1 Advertisements Column 2
      212 1 Full Report, PAGE 18 Regional Mkts, PAGE 20 World Mkts, PAGE 21 Editorial Comment: 12 Lobbying for freer trade One Man's View 12 Peasant syndrome, ugly S'porean Aiwa Singapore 2 Set to boost parent company Shopping 2 Refining Singapore's image KL economy 4 Growth likely to stay at 7.lpc US
      212 words
    • Advertisement
      Page 1 Advertisements Column 3
      88 1 Kilt m Quality before your eyes More reports, PAGE 2 Shipping supplement GET AN IN-DEPTH LOOK at Singapore's bustling maritime industry on April 3 when BT publishes a special, information-packed supplement on the Port of Singapore. On the same day, the Port of Singapore Authority will open its first international
      88 words
Page thumbnail Page 2
  • YESTERDAY IN PARLIAMENT
    • Article
      Grant package worked out
      515 2 TOWN COUNCILS A GRANT PACKAGE made up of a monthly grant and a sevenyear cyclical work grant has been worked out to launch town councils. The first batch of three town councils are expected to assume their functions in about two months' time, followed by others.
      515 words
    • Article
      Jurong air safe, says Dr Mattar
      148 2 POLLUTION AIR POLLUTION in Singapore's Jurong industrial area not only meets, but is below, acceptable levels set by the World Health Organisation, assured Environment Minister Dr Ahmad Mattar yesterday. "The air in Jurong," Dr Mattar said, "is safe". During Parliament's question and answer session,
      148 words
    • Article
      Corrections and clarifications
      65 2 IN BT's story yesterday on the Minister for Finance's wrap-up of the policy debate, we identified the "MP for Bedok" referred to by the Minister as Dr Hong Hai. Dr Hong has pointed out he does not subscribe to the idea of regulating the inflow of foreign
      65 words
    • Article
      Appointment of official referees proposed
      328 2 JUOICIARY CREATING a new category of judicial officials similar to the former British Official Referees may be the answer to relieving the bottleneck in cases of Singapore's under-manned judiciary. Proposing this yesterday during debate on the judicature's budget, Toa Payoh GRC MP Davinder Singh said
      328 words
    • Article
      Call for a permanent court of appeal
      285 2 WITHOUT a permanent Appeals Court, developing Singapore law and the process of decision-mak-ing would be futile. Fengshan MP Dr Arthur Beng said. But a permanent Appeals Court would enhance the stature of the courts, and in time would become as well known and
      285 words
    • Article
      NATIONAL SERVICE Ways to motivate reservists
      144 2 RESERVISTS do not exactly bristle with self-motivation during their in-camp stints, and there is room to make their lot better, one MP suggested. Dr John Chen (Hong Kah GRC) had a few proposals: in-camp training stints, mobilisation briefings and reportings should pose minimal disruption
      144 words
    • Article
      Women for NS?
      80 2 ONLY AS a last resort would women be required to do National Service (NS), the Minister for Defence (Services) stated in Parliament yesterday. Wan Hussin bin Haji Zoohri (Aljunied) had asked during Parliament's debate whether the government would consider women for NS. One deterrent to recruiting women
      80 words
    • Article
      DEFENCE Budget enough to meet equipment and training costs
      400 2 THE $2.92 BILLION defence budget for fiscal 1989, the largest allocation among ministries, is sufficient to meet Singapore's military needs, said Second Defence Minister (Services) Briga-dier-General (Res) Lee Hsien Loong yesterday. Debating the Defence Ministry budget, 11.1 per cent up from
      400 words
    • Article, Illustration
      Soon: new factors in pricing policy
      352 2  -  HDB Reports by ZHOU MEI, ANNA TEO,MARTIN SOONG THE PUBLIC had accepted the HOB's pricing policy, introduced in 1987, quite well, said the Minister for National Development. During the House's debate on allocation in FYB9 for his ministry, Mr S Dhanabalan said that the
      352 words
    • Article
      Penalty scheme on late payments
      77 2 HDB FLAT-OWNERS and tenants who are habitually in arrears are to be penalised. The board is working out a penalty system to deal with them, said the Minister for National Development in response to a query by the MP for Nee Soon South, Dr Koh
      77 words
    • Article
      Change in name off certificate
      112 2 THE WORD 'fitness' in the Certificate of Fitness had sometimes been misconstrued; hence the name change to Certificate of Statutory Completion, said Peter Sung, Minister of State for National Development. An issue of COF would mean only that a building had complied fully with statutory
      112 words
    • Article
      Bring in more analytical minds
      128 2 RESEARCH THE STATUS of post-graduate research work should be enhanced to draw more analytical minds into the field, said Chua Chu Kang MP Low Seow Chay. Few engineering graduates go on to do post-graduate research because the career prospects and financial rewards were poor, and
      128 words
  • HOME NEWS
    • Article
      Aiwa Singapore set to boost parent company
      323 2  -  By JOHN TAN AIWA SINGAPORE, with projected sales of $740 million this year, is set to help turn around its Japanese parent company, which sustained losses of more than $12 million last year. Hajime Unoki. who is the deputy president of Aiwa Japan,
      323 words
    • Article
      Seow may be guilty of more serious offences
      396 2 THE SURPRISING revelation that lawyer Francis Seow is now tit to fly home for trial could mean the former Solicitor-General faces not just charges of tax evasion. but also of perjury and deceiving the court, said Deputy Public Prosecutor Lawrence Ang yesterday.
      396 words
    • Article
      Stay away from Chilean grapes for time being
      106 2 CHILEAN GRAPES have been removed from shelves in Singapore following reports that such grapes might have been laced with cyanide, said the Environment Ministry. Singapore imports a small amount of grapes from Chile and importers have been told not to do so
      106 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      219 2 A futuristic interpretation of a legendary design: The Movado® Sapphire Museum SD Watch. The famous Movado Museum dial represents the quintessence of the modern design movement. Simple, functional, tasteful. Its purity of design has won it a place in the permanent collection of the Museum of Modern Art. Yet, the
      219 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      100 2 m v//"± Singapore OUTLOOK: Showara over law area* In tha aarly morning and ovar aavaral araaa In tha lata afternoon Report for 24 Soon prior to 7.30pm on March 15 at the airport: Mai lamp SI .5 Aaaoc humidify...—.. M Min lamp 24.5 Aaaoc humidity....—. 96 Hra of aunaMna 8.05
      100 words
Page thumbnail Page 3
  • ADVERTISING & MARKETING
    • Article, Illustration
      $4m for refining S'pore's shopping image
      327 3  -  By SI SUZANNE SOH OVER $4 MILLION will be spent by the local retail industry and the public sector to refine Singapore's image as a premier shopping destination for tourists. The timing is right for the Republic to cater for the increasing number of
      327 words
    • Article
      Over $12m spent on new car model ads
      432 3  -  Expenditure expected to fall this year The SRS survey shows that in 1988 the print medium still had the biggest share of the advertisement dollar, followed by television and radio. By JOHN TAN CAR DEALERS spent more than $12 million in a
      432 words
    • Article
      Prime Account blitz pays off
      278 3 HONGKONG Bank's $150,000 advertising blitz for its new Prime Account over the past three weeks has achieved the kind of response that it thought would only be reached in three to four months. "We have already achieved 50 per cent of our projected new accounts."
      278 words
    • Article
      Lock icon Miller Brewing Company in hot soup
      544 3 NYT MILLER BREWING CO of the US has pulled out an advertising supplement designed as a parody of spring break themes after college students complained that it was insulting and students at one university threatened to boycott Miller products. The supplement, entitled Beachin' Times,
      NYT  -  544 words
    • Article
      Intelligent toilet seat for $395
      237 3 SOME TOILET SEATS are smarter than others. Or so claims Consumer Marketing Services, an agency which is marketing what it calls an "Intelligent Toilet Seat According to marketing manager Low Peng Chye. the $385 toilet seat cover, installed onto the pan of the toilet bowl,
      237 words
    • Article
      Cosa Liebermann investing $1m to launch two more brand names
      384 3  -  By j SANGEETA MULCHAND TRADING COMPANY Cosa Liebermann is investing $1 million to launch two more brand names in Singapore. Karl Lagerfeld and Leonard will be the first brands to be introduced by the company since eight-year-old Liebermann, known for
      384 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      188 3 The only thing set about our Gourmet Lunch is the price S<29+ Most set lunches can \k quite set in their variety. Not the set lunches at the I louse of Blossoms however. Ours reads like a menu fit for a gourmet, and the only thing set about it is
      188 words
    • Advertisement
      Page 3 Advertisements Column 2
      143 3 "Why is KLM always expanding its business connections?" "They want to be ready when you expand your business!' 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 worldwide; with
      143 words
Page thumbnail Page 4
  • ASIA-PACIFIC
    • Article
      Lock icon Takeshita plans to visit Manila in May
      203 4 AFP JAPANESE Prime Minister Noburu Takeshita is planning a visit to the Philippines in early May for talks expected to focus on increased aid for the Manila government, Japanese embassy sources said in Manila yesterday. They said Mr Takeshita is likely to discuss
      AFP  -  203 words
    • Article
      Lock icon Manila hopes to be early recipient of US debt relief
      217 4 Reuter PRESIDENT Corazon Aquino said she hoped the Philippines would be among the first beneficiaries of a US plan to ease the global debt problem. Manila, grappling with a US$2B billion foreign debt, has been seeking ways to reduce its
      Reuter  -  217 words
    • Article
      Lock icon China team to press for greater Japanese investment in Beijing
      240 4 AP A HIGH-LEVEL Chinese government trade delegation, scheduled to travel to Japan yesterday, is to press for greater Japanese investment in China and an end to what China claims is a large Japanese trade surplus. The 26-member delegation, to be
      AP  -  240 words
    • Article
      Lock icon Chinese govt to have more non-party members
      170 4 AFP THE CHINESE government plans to include a greater proportion of non-Commu-nist Party members in high-level positions, a government spokesman said on Tuesday. "The specific ratio is still under discussion," State Council spokesman Yuan Mu said at a press conference in Beijing, adding
      AFP  -  170 words
    • Article
      Lock icon Boom in Sino-Soviet cross-border trade
      132 4 AFP CROSS-BORDER TRADE between China and the Soviet Union is booming and plans are afoot to open seven more trading ports in the north-eastern province of Heilongjiang, the official New China News Agency (NCNA) said on Tuesday. Moscow and Beijing signed cross-border trade contracts worth
      AFP  -  132 words
    • Article
      Lock icon Party vows to defeat Roh
      115 4 UPI THE NUMBER TWO opposition Reunification Democratic Party led by Kim Young-Sam vowed yesterday to force South Korean President Roh Tae-Woo to step down by defeating him in a forthcoming national referendum. A Cabinet member abruptly resigned, deploring "fast expansion" of left-leaning forces and hoping
      UPI  -  115 words
    • Article
      Lock icon More Asians and Europeans visiting South Korea
      114 4 AP THANKS TO the Summer Olympic Games, the number of Asian and European tourists to South Korea showed a big jump for the first two months of 1989, the Korean National Corp reported yesterday During January and February, travellers from Japan surged by
      AP  -  114 words
    • Article
      Lock icon KL growth expected to remain at 7.1pc
      481 4 Research institute sticks to November forecasts ernama THE MALAYSIAN Institute of Economic Research (MIER) said yesterday that the 1989 general outlook for the Malaysian economy remains unchanged with growth rate expected at 7.1 per cent. Its executive director, Datuk Dr Kamal Salih, said
      ernama  -  481 words
    • Article
      Lock icon M'sia very stable and democratic, says US attache
      202 4 Bernama MALAYSIA has been described as one of the most stable and democratic countries, particularly in the Asean region. "In fact, Malaysia is also one of the safest, and free from the communist insurgency threat" compared with some its neighbours, Colonel George
      Bernama  -  202 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      884 4 ARRIVALS Operator Service Local From number timo SU SQ103 0950 KUL CPX CX710 1000 CGK GU GA975 1035 CDG/AUH GU GA960 1100 CGK SU SO 105 1105 KUL MA RM21 1130 RWN TtY M1811 1130 HOY su SO 201 1145 CGK GU GA940 1150 M£S PAL PR504
      884 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      149 4 Discover what Royal treatment is like, with Thai. The name Royal Executive Class did not come about by chance. Instead it is a reflection of Thai's belief in treating our passengers like royalty. From the moment you etiter our new REC lounge at Don Muang Airport, Bangkok the 'royal treatment
      149 words
    • Advertisement
      Page 4 Advertisements Column 2
      37 4 The butincu pmon'i choicc every Tuesday Thursday Saturday and Sunday. Leaving Changi Airport at 22:35 houn and arriving Heathm» earh the following morning. Cill *xHir Tmel Agent or Air mMii it 7J*****. A BREATH OF FRESH MR
      37 words
Page thumbnail Page 5
  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Lawson presents a cautious Budget
      454 5 UPI PRIME MINISTER Margaret Thatcher's government presented a cautious Budget on Tuesday that surprisingly called for no cut in income taxes and no increases in alcohol or tobacco taxes, but unsurprisingly, a continuation ot high interest rates. One analyst described it as a "do-nothing Budget",
      UPI  -  454 words
    • Article
      Lock icon Nato report gloomy on Gorbachev's reforms
      365 5 Reuter KREMLIN LEADER Mikhail Gorbachev will be unable to bridge the Soviet Union's economic gap with the West by the year 2000 even if his reforms succeed, according to a Nato report made available on Tuesday. The report, based on findings by the US
      Reuter  -  365 words
    • Article
      Lock icon Cheney cautions against cuts in military strength
      223 5 AP US DEFENCE Secretary-desig-nate Dick Cheney on Tuesday cautioned against any reductions in military strength in response to changes in the Soviet Union as the Senate Armed Services Committee opened hearings on President George Bush's replacement for John Tower. "It would be a
      AP  -  223 words
    • Article
      Lock icon US retail sales down by 0.4pc in February
      475 5 Economists sceptical of decline Reuter US RETAIL SALES fell 0.4 per cent in February, the largest monthly decline in nearly a year, the Commerce Department said on Tuesday in a report which the Bush administration saw as a sign of moderating inflation.
      Reuter  -  475 words
    • Article
      Lock icon Import of assault rifles temporarily suspended
      244 5 Reuter THE BUSH ADMINISTRATION has decided to suspend temporarily the import of Soviet-de-signed AK-47s and other assault rifles into the United States, pending a full review, White House sources said on Tuesday. Treasury Secretary Nicholas Brady and newly installed drug policy chief William Bennett
      Reuter  -  244 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      375 5 THE NEW FX SERIE AT 220CPSITLL PRINT FASTER THAN YOU CAN 0I .1 A r\ In draft Elite, it's even faster. 264 cps. St) if you H L\ I I have lots of tedious printing jobs, this reliable 1\ I Al lly printer will clear them easily. A SelecType control
      375 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      46 5 Doonesbury nt. i t eh 0 ?> i n BY GARRY TRUDEAU AND UP ON THIS MALL, 1 U/ANT YOU TO MINT M& A BUNCH OF BOOKS. IRBAUX REGPtCT BOOKS, SOMAK3 'BM LOOK REAL-TO v FOOLPSOPL£— MHAJ PO YOU CALL THAT* K Si UK W <S H
      46 words
Page thumbnail Page 6
  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1599 6 SINGAPORE: The US dollar traded steadily throughout yesterday (D-mark 1.8620/1.8590. yen 130.13/129.75, pound 1.7285/1.7258 and Singapore dollar 1.9368/1.9356). The 0.4 per cent drop in US retail sales that provided the excuse for paring of long US dollar positions in New York would have to be supported by additional
      1,599 words
    • Article
      Asian dollar market
      292 6 ASIAN DOLLAR deposit rates ended at their opening levels in quiet trading yesterday, with most operators sidelined ahead of the release of US January trade data at 1330 GMT, dealers said. Term rates eased 1/16 point at the outset due to news of an unexpected 0.4 per
      292 words
    • Article
      Simex SIMEX
      491 6 EURODOLLAR FUTURES closed higher on some buying interest and position adjustments in quiet trading yesterday with sentiment helped by a 0.4 per cent fall in US February retail sales. Dealers said the drop in retail sales took some pressure off inflation fears but participants refrained from taking large
      491 words
    • Article
      IMM
      222 6 MOST IMM currency futures finished moderately higher but near the middle of daily ranges after quiet trading on Tuesday. Sterling sparked the balance of the day's rise initially spurred by an unexpected 0.4 per cent drop in US February retail sales, which soothed concerns that a robust US economy
      222 words
    • Article
      Comex gold/silver futures
      181 6 Gold futures on Mar 14, 1989 100 trai ounces, USS par hoy oun Op— Mg* Low SoOte Mo* 393-00 393.00 393.30 39*. 20 IJO *P» 397 JO 400.00 396.30 ***** 170 May 400 50 170 Jan 403.30 404.30 401.20 402*0 l.*0 *"9 407.00 409.40 406.90 40* 40
      181 words
    • Article, Illustration
      World interest rates
      197 6 Indicates th# ivcrtQi of in# prinTO »enoir>g riivi of 12 ma)or banks in B'por* f Interbank market rates (offer/bid) on Mar 15 US$ DM SWFC Y«n 7 d»r> is/t«— i3/u iii/a —i) 3 7fr 3 3/4 3 1/0 3 4 1/4 4 I/O 1 M* 10 1/16
      197 words
    • Article
      Options
      1325 6 CURRENCY FUTURES OPTIONS WsdnMdoy, Mar 15, 1989 DEUTSCHE MARK (SMEX) 1 1 l 1 t M* LM um M*» Lmt Sea 94 44A 44 55 238 23 101A 103 56 8A 6 57 7 Am M call* Hlg* LM tot u 1 Id 51 15 32 33a 31 S3
      1,325 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      75 6 Chefs Set Dinner Recommendations Fillet Steak With Cheese Sauce $18.00 Ribeye Steak Coated With Breadcrumbs $15.00- m For the month of March, our Set Dinners offer a wide choice of 4 main courses subtly priced from $15.00-1- Prices include Soup Of The Day Dessert Coffee/Tea Garlic Bread Place ...a place
      75 words
    • Advertisement
      Page 6 Advertisements Column 2
      10 6 SINGAPORE TIZI=* A MONTHLY MAGAZINE OF BUSINESS TRENDS MARCH 1989
      10 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      213 7 1 e v m m i mk* s I «5 K *> =i fa V I&. J- m\:\ li V *a :> ft V n > W4V /^Hfes. t" 1* f*. >« •i k h r 5? f' W h: iV A V- w X A V 'X h A
      213 words
Page thumbnail Page 8
  • BANKING AND FINANCE
    • Article
      Two new guidelines for finance houses
      374 8  -  By HONG LEE TIAM TWO new guidelines one on interest paid for overdue fixed deposits and the other the charging of fees for audit confirmation of customers' balances will soon be issued by the Finance Houses Association of Singapore. But finance companies see the
      374 words
    • Article
      Lock icon Profits of US banks at record high last year
      299 8 AP PROFITS of US banks soared to an all-time high of U5525.2 billion last year, even as more commercial banks failed than in any year since the Depression of the *****. William Seidman, chairman of the Federal Deposit Insurance Corp, said
      AP  -  299 words
    • Article
      Lock icon S Korea's foreign banks face bleak prospects
      815 8 Reuter SOUTH KOREAN-BASED foreign banks, which began quenching Seoul's thirst for offshore loans in the late *****, are now finding the economic boom they helped fuel has turned against them. South Korea was the world's fourth biggest debtor in 1986, owing U5547.4 billion,
      Reuter  -  815 words
    • Article
      Government Securities Market
      105 8 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID Of FEB HIGH LOW 3 months BQ*****W 15.06.89 3.82 3.77 3.90 3.67 6 months BS*****N 17.08.89 3.89 3.84 3.87 3.87 1 year BY*****H 23.11.89 3.95 3.90 3.94 3.94 Government notes and bonds Period Issue Maturity Coupon Yesterday's
      105 words
    • Article
      Money markets
      57 8 THE OVERNIGHT RATE on the Singapore money market fell by 1/8 point to close at 4-3/4 per cent yesterday. Short-term rates remained unchanged. S$ Interbank rates at the dose yesterday: OWW MO Ov«r"W 4 3/4 4 S/t l-nwnrti 5 |/)4 4 15/14 2hkom«i 5 l/« 5 3-moMti 5
      57 words
    • Article
      Conference to focus on personal banking
      259 8 PERSONAL BANKING and electronic technology will be the main focus of discussion when leading bankers from all over the world meet for a two-day conference in Singapore starting today. The conference with the theme "Personal banking comes of age in Asia" is organised amid
      259 words
    • Article
      Lock icon EC ready to amend rules on banking reciprocity
      156 8 AP THE EC COMMISSION is ready to make procedural changes in a draft banking law but will maintain a requirement that non-EC nations open their markets to EC banks after 1992, EC Finance Commissioner Leon Brittan said on Tuesday. In a statement,
      AP  -  156 words
    • Article
      Lock icon Credit du Nord part of Paribas's European strategy
      406 8 Reuter THE COMMERCIAL banking network Credit du Nord is a significant part of the European strategy of its parent Compagnie Financiere de Paribas and stakes in it could be offered to foreign banks. Credit du Nord chairman Bruno de Maulde said. He
      Reuter  -  406 words
    • Article, Illustration
      Lock icon Bush approves debt plan
      256 8 Reuter US PRESIDENT George Bush has given his approval to Treasury Secretary Nicholas Brady's plan for tackling Third World debt. Mr Bush's support for the policy of cutting the value of outstanding loans followed a meeting with Mr Brady and members of the National Security Council,
      Reuter  -  256 words
    • Article
      Lock icon US debt proposal unlikely to benefit Indonesia
      457 8 Reuter HEAVILY INDEBTED Indonesia can expect little help from proposals by Washington to bail out the world's major debtors, economists surveyed by Reuter said yesterday. A debt-reduction policy announced by US Treasury Secretary Nicholas Brady last Friday is based on some debt forgiveness
      Reuter  -  457 words
    • Article
      Lock icon Loans, advances in M'sia up 0.9pc
      416 8 Bernama TOTAL LOANS and advances of the Malaysian banking system increased 0.9 per cent or M 5665.6 million in November 1988, marginally lower than the rise of 1.3 per cent or M 5941.3 million reported in the previous month, Bank Negara said. In a
      Bernama  -  416 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      37 8 QUALITY CAR AT THE BEST PRICE ENAULT's fiamily TS (1721 cc) 62,800 RENAULT GTX (1995 cc) 98,000 TURBO (1995 c c) 138,000 U 1 Prices quoted are subject to chunife without prior notice 'All prices ARF NETT
      37 words
    • Advertisement
      Page 8 Advertisements Column 2
      77 8 Keep a date with Sevvv Ballesteros the Sevvy Way 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, tennis, bowling, etc. And, of course, the all-round executive cannot
      77 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      201 9 <W Seagate r *'4 3 i -o m x > J V V «W V r y y e > I -i? t r.» JB- <~£ ff> w V »r> ff./' A TJL r r< t 33 -r > f r f. *«w r >vJ^ J*? #<* *r The emblem
      201 words
Page thumbnail Page 10
  • COMMODITIES
    • Article
      Lock icon Egypt, China buy more KL palm oil
      330 10 MBT EGYPT and China were the two fastest expanding markets for Malaysia's palm oil exports last year, according to Palm Oil Registration and Licensing Authority (Porla) statistics. These two countries recorded spectacular increases in their imports of Malaysian palm oil in 1988 compared
      MBT  -  330 words
    • Article
      Lock icon India to purchase less palm oil from Malaysia this year
      384 10 Bernama INDIA, the largest consumer of palm oil, will buy less palm oil from Malaysia this year because of a projected rise in its output of edible oil seeds. India's High Commissioner, Preet Mohinder Singh Malik, said in Kuala Lumpur
      Bernama  -  384 words
    • Article
      Precious Metals
      434 10 HONGKONG: Gold closed little changed in thin and quiet trading yesterday with selling from Australian and European investors. Oealers said the metal prices moved narrowly due to the light local support, with traders sidelined ahead of the release of US January trade figures at 1330 GMT. They expected
      434 words
    • Article
      Lock icon Crude Oil and Products
      157 10 Telerate FUEL OIL PRICES held steady in light trade yesterday. The continued strength in crude prices and bullish sentiment in the Simex HSFO futures market were seen as main supporting factors. These, coupled with fundamentals of balanced demand and supply of CST-180 cargoes, would take current
      Telerate  -  157 words
    • Article
      Palm Oil
      456 10 MALAYSIAN crude palm oil prices closed lower on speculative selling and buyers' reserve yesterday, in sympathy with weaker palm oil futures after the Palm Oil Registration and Licensing Authority's estimate of higher end-Febru-ary palm oil stocks. March south region fell Mslo to M 5952.50 a tonne while central
      456 words
    • Article
      Produce Prices
      242 10 Chinese Produce Exchange S«ll«rV noon closing pricos on Mor 15 (S$/100 kg) Coconut oil Bulk FOB 108.00 Old drum FOB 118.00 N*w drum FOB 122.00 Copra Mix«d (loot*) 65.00 s«ll«rs Pepp«r 41, Jjufj-Li, munroe wTwit FOB NLW 740.00 Sarawak whit* FOB faq NLW 730.00 Sarawak sp«dal block FOB
      242 words
    • Article
      London markets
      262 10 London Commodity Exchange Buyer/Seller dosing prices on Mar 14, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Satis in-jtore London, tellers option OF London Mor 1180/82 (1190/95) High/Low 1190/80 /May 1180/82 (1180/82) High/Low 1178/63 Solot (1297) Cocoa Mor 835/838 (828/830) High/Low 839/830 May 850/851 (841/842) High/Low 854/845
      262 words
    • Article
      KL Tin
      134 10 THE Kuala Lumpur Tin Markat (KLTM) prlca droppad 33 canta to M 524.30 a kg yaatarday, Ita flrat fall In mora than a waak, daalara aald. Howavar, ttia markat'a undartona ramalnad bulllah and a fresh rally la expectad, a tradar aald. Turnover fall to SO tonnaa from 95
      134 words
    • Article
      Rubber
      339 10 SINGAPORE: Rubbar prices endad moderately higher with April 1 RSS buyer quoted at 209.00 cents a kg yesterday, up 5.50 cents from Tuesday's close, brokers said. Prices rose 3.50 cents in quiet morning trade on some speculative buying and short-covering following gains in Japanese rubber markets. Values rose further
      339 words
    • Article
      RAS and MRELB
      264 10 RAS prices in s cmms. «>e m imi* NOON CLOSE Buyers S*ll*rs 8vy*rs Sellers kit 1 RSS Prompt 205.00 206.00N 208.00 209.00 fait 1 RSS Apr 89 206.00 207.00N 209.00 210.00 Int 1 RSS May 206.00 207.00N 208JO 209.50 fait 2 RSS OP 200.00 202.00N 202.50 204.5ON
      264 words
    • Article
      SSR and SMR
      73 10 (canfi/kg) APRIL 1989 MAY 1989 (currant month) (forword month) RAS NOON NOON Svy«fi S*Han Bwywri SSR 20 186.00 188.00N 186.00 188.00N sst SO 184.00 186.00N 184.00 186.00N MRELB Iwycri Bvyari S#lt#rl SMR CV 392.00 294.00N 294.00 296.00N SMR I 291.00 293.00N 293.00 295.00N SMR 5 271.00 273.00N
      73 words
    • Article
      Wheat
      162 10 CHICAGO BOARD of Trade wheat futures recovered from early and mid-day weakness to close mixed on Tuesday on steady new commission house and professional buying, traders said. The key late buyers of nearbys were Shearson Lehman Hutton, lowa Grain and Lind-Waidock. Prices ended off two to up three cents
      162 words
    • Article
      Soybean
      167 10 CHICAGO BOARD of Trade soybean futures closed mixed on Tuesday after fluctuating within the plus and minus sides for most of the day in moderate volume. Late pressure on prices, which were modestly firm at mid-day, came from active selling of nearbys by Prudential Bache and Refco, traders said.
      167 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      150 10 ntrn. Mi BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling
      150 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      72 11 (SP Seagate \6ur Secured Connection to The Indian Sub~Ghntinent The raised hood of a poised cobra strikes a display of awesome splendour. An open hood is the cobra's instant show of alertness, dominance and security when challenged. Such symbolic qualities are now the hallmarks of Seagate Technology as it stands
      72 words
Page thumbnail Page 12
  • PERSPECTIVE
    • Article
      Lobbying for freer trade
      493 12 BUSINESS TIMES THURSDAY, MARCH 16, 1989 CLOSE ON THE HEELS of its recent rapprochement with Indonesia, Australia is making a concerted attempt to push its proposal for an Asia-Pacific trading lobby. Prime Minister Bob Hawke is sending a senior official to Asean countries. South Korea and
      493 words
    • Article
      The peasant syndrome and the ugly Singaporean
      1139 12  -  ONE:M ANls\/IEW By SEAH CHIANG NEE THE WOMAN is in her 30s, bilingual, married and widely travelled. Let s call her Laura. Her real identity shall be a secret. One day, a long-time friend of hers arrived from Hongkong. It was someone she
      1,139 words
    • Article, Illustration
      Lock icon Vietnam luring foreign explorers
      873 12  -  The land that America wants to forget is luring foreign oil explorers in a bid to attract Western technology, finance and managerial skills. JOHN ELLIOTT reports. JOHN ELLIOTT FT D 3, A CONSORTIUM of Enterprise Oil of the UK and CEP of France, is expected next
      FT  -  873 words
    • Article
      Lock icon The paradoxical ins and outs of Hongkong
      605 12 NYT IT IS THE PROSPECT of increasing business with China that brings more foreign companies to Hongkong each year, and it is the threat of China's eventual dominance over business that drives away their potential employees. Finding and keeping Chinese employees is developing
      NYT  -  605 words
    • Article, Illustration
      Lock icon Dalai Lama facing mounting militancy
      797 12 AFP INCREASING militancy among Tibetan exiles in Dharamsala, India, is slowly sweeping aside the Dalai Lama's dreams of overcoming Chinese communism through Buddhist non-violence. A large number of Tibetans, especially the young, seem to be toying with the idea of taking up arms although they
      AFP  -  797 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      35 12 HPive MeART Sere ia^: *3 i JelfikV vou j VOU Knp TMC CtAMPeKS rnOftON (C, RSUR- ey£D 1 rniSQRRbLCToU) RAG. I ny is-S r.RtVT MetP TMflT.Sig. i S IVfNINQ STAMOAftO CO. LTD., IM3- IMt 7064
      35 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      191 13 Al (3) PTE LTD Y)ur Dependable Connection to The Indian Sub~Gbntinent "i-H-MHxii-iw: :i-ii ||||S!!|I||Iy!il!|||; mk T MM m If llill m liiiiij;: i! v r *>■ < V Ihe pursuit of excellence has begun. Remarkable sales, a company with hands on experience in the market and total confidence in its
      191 words
Page thumbnail Page 14
  • LEISURE
    • Article, Illustration
      Lock icon An end to digital audio tape row?
      522 14  -  By STEVEN BRULL Reuter THE RESOLUTION of a longrunning row over digital audio tape (DAT) recorders, machines capable of making near-perfect recordings, may be at hand. A spokesman for the powerful Federation of Economic Organisations (Keidenren) said on Tuesday that the world's electronics
      Reuter  -  522 words
    • Article, Illustration
      Lock icon Black is beautiful — and now, tasty
      880 15 Black is beautiful and now, tasty CUISINE NYT BLACK TIE has long been the epitome ot elegance, but except for caviar and truffles, black food has not had the same cachet. It was often something sent back to the kitchen. But with the widespread use of black to symbolise luxury
      NYT  -  880 words
    • SHORT TAKES
      • Article
        Lock icon Strange tales
        174 15 Agencies THE STRANGE TALE of James Woods and Sean Young is heading to court soon. Woods has a US$6 million harassment suit against Young, with whom he had a fling while they were filming The Boost last year until his fiancee. Sarah Owen, had him break it off,
        Agencies  -  174 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      265 14 < •.'it ..>P Where to entertain. ONE G(X)D REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE OF MAIN (XXTtSES PALM For between $26++ and $40+ you can select from our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose from many
      265 words
    • Advertisement
      Page 14 Advertisements Column 2
      193 14 Try Something Malaysian Style "HIGH TEA" From three to six every afternoon your choice of 15 Buffet spread of delicious Kueh Lapis. Kueh Dadah, Mee Siam, Kueh Kuchee, Agar Agar Gundil. Bubor Hitam, Gula Melaka and many more. Unlimited servings Time: 3.00—6.00pm Venue: Dondang Sayang CJ737ll»c* HOk*rt*tvat*w 1, Tanghn Road.
      193 words
    • Advertisement
      Page 14 Advertisements Column 3
      242 14 FASHIONABLY HYATT Join the fashion-conscious every Thursday (3 6pm) in The Lounge Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50* per person. P' us
      242 words
    • Advertisement
      Page 14 Advertisements Column 4
      236 14 A SPREAD OF KAMPONG-STYLE NAsimmm MARCH 16-31 Lunch or dinner. $14.50++ per adult. $9.00++ per child below 12 Cafe Plaza t It TV hf si* ms Plaza Hotel SINGAPORE *ARW«COLOO»r«L*inviTIMG Hfartknad Singapore 0719 Tfl WBOOII 8 Li m m m R® v* Adult:sl3.so" Chi!d:s 9.00* March 1-21 Indulge in the
      236 words
    • Advertisement
      Page 14 Advertisements Column 5
      147 14 The Mandarin Singapore Presents O? v\ a 1 Faster funlanD V£*** I**'**,!?**#-***lull*** St^f 0 Q) fervapeK )33 Orchard Road. Singapore 092> AIRWAVES T^i V/ >1 it# ZODIAC T^T rtL*.> J H Hated out for PULSATING TOP 40MTSI& GOLDEN OLDttS to take you do** the years. m* i* =4 i v.
      147 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      201 15 A "2" I r j*~ r Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, for every drink you order you get your next FREE And bottle purchases are at 25% less There's no happier time to enjoy your favourite drinks
      201 words
    • Advertisement
      Page 15 Advertisements Column 2
      64 15 V//, w '0 I Z z t I I 1 i QUALITY GUARANTEED TUtIV VATuRf 0 i m «oi I 1 FINEST I SCOTCH WHISKY I BLENDED t BOTTLED BV broyr <JDa//atilinf omm. l£umfed C/)<J////M efcc/Auu/ '/A PRODUCT Or SCOTLAND 01 Mf>oT 01IM AUKO DISTRIBUTORS SON BHO SO JAL AN
      64 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      626 15 12 I 3 11 12 13 19 20 23 24 25 126]\27 CRYPTIC PUZZLE ACROSS 1 Is able to name a country (6) 7 Non-alcholic form of the demonale (8) 8 Double, yet decrease gradually! (4) 10 Like an irascible outsider? (6) 11 Bob or Bert, possibly (6) 14 River,
      626 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1307 15 TV and RADIO Couch-potato treat -K 1 'V Ts" rmi r J K ■St m t, Lauren Hutton and Parry King in OUR CHOICE PERFECT PEOPLE, Channel 5, 10.30pm This zany comedy ought to appeal to couch-potatoes who are desperately trying to stay young and beautiful. A middle-aged couple attempts
      1,307 words
Page thumbnail Page 16
  • SPORTS
    • Article, Illustration
      Bouchard's team wins on count-back
      497 16  -  SINGAPORE OPEN PRO-AM By CHARLES SAVAGE CANADIAN REMI BOUCHARD, still charging after his Indian Open win on Sunday, led his troops back with a best ball score of 59 on count-back to take the Singapore Open Pro-Am yesterday at the Tanah Merah Country Club. Dennis
      497 words
    • Article, Illustration
      Lock icon Seattle SuperSonics knicked
      293 16 BASKETBALL AP PATRICK EWING scored 31 points and Johnny Newman 26 on Tuesday as the New York Knicks beat Seattle SuperSonics 116-110 for their 26th consecutive home victory in New York. Ewing made his first nine shots and Newman improved his average to 22.2 points since the
      AP  -  293 words
    • Article
      Lock icon World class field expected for Texan meet
      271 16 CYCLING AP ABOUT 200 TOP CYCLISTS from two dozen countries will start racing through Texas later this month, a field expected to include the US national team, a powerhouse Soviet squad and several Olympic medalists. "We could have as many as a dozen
      AP  -  271 words
    • Article, Illustration
      Lock icon Nunn's impatient for action
      416 16 BOXING UPI INTERNATIONAL Boxing Federation middleweight champion Michael Nunn, impatient with his elders, said on Monday that the division s older fighters should hold an elimination tournament and then come to him. "I can't afford to wait out these guys," Nunn said of Ray Leonard, Thomas
      UPI  -  416 words
    • Article, Illustration
      Lock icon Graf, Sabatini make progress in Slims
      392 16 TENNIS AP STEFFI GRAF of West Germany downed Elna Reinach of South Africa 6-1. 6-2, and Gabriela Sabatini of Argentina defeated Etsuko Inoue of Japan 6-2, 4-6, 6-4, on Tuesday to advance in the US$3OO,OOO Virginia Slims of Florida tournament. In another second-round match
      AP  -  392 words
    • Article, Illustration
      Lock icon Becker, Edberg in top form
      516 16 AP and UPI TWO-TIME defending champion Boris Becker and second seed Stefan Edberg powered to straight-set victories and wildcard entry Pete Sampras upset No 9 seed Aaron Krickstein on Tuesday in the second round of the U*****,500 Newsweek Champions Cup in Indian Wells. The top-seeded
      AP and UPI  -  516 words
    • Article
      Lock icon £1 million for hole-in-one
      138 16 AP A RECORD £1 million prize was offered on Tuesday for a pro golfer who gets a hole in one on the 14th hole of a PGA European Tour stop in England this year. Sponsors said the prize for acing the par-3. 184-yard 14th at the
      AP  -  138 words
    • Article
      Lock icon Johnson knowingly took drugs: Issajenko
      360 16 THE BEN JOHNSON INQUIRY UPI BEN JOHNSON knowingly took steroids and is disloyal to try to blame his demise on the coach and doctor who made him great, Canada's top female sprinter tearfully told a government inquiry on Tuesday. Angella Issajenko. Johnson's close friend and
      UPI  -  360 words
Page thumbnail Page 17
  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Sentiment has changed for the better
      557 17 mm*** By HOCK LOCK SIEW THE ENORMOUS surge in stockmarket volume in the past few days has been as good a test of the new Central Limit Order Book as could ever have been devised. When a record $214 million worth of business was
      By HOCK LOCK SIEW  -  557 words
    • Article
      Strong corporate earnings and cash-rich market expected: GSI
      381 17 GENERAL SECURITIES Investments Ltd, the closed-end investment trust of the DBS Bank, expects investor sentiment to improve during the first half of this year on the back of expected strong corporate earnings and the high level of cash in the market. General
      381 words
    • Article
      Lock icon Transactions will not affect HLI's earnings significantly, says chairman
      234 17 Bernama HONG LEONG Industries Bhd (HLI) chairman Tan Sri Nasruddin bin Mohamed said on Tuesday the company's expected extraordinary loss of approximately M 55.29 million from its proposed transactions would not have a significant effect on its earnings or net tangible
      Bernama  -  234 words
    • Article
      Singmarine to buy Keppel's stake in Steamers for $21 m
      493 17  -  Keppel to get 11.7 m new Singmarine shares as payment By HERMAN PHUA SINGMARINE Industries Ltd has agreed to buy from its parent company. Keppel Corporation Ltd, its entire stake of 17.5 million shares in Steamers Maritime Holdings Ltd for
      493 words
    • Article, Illustration
      Barker in line to become Shangri-La chairman
      234 17  -  By ANDREA BORCH FORMER Minister for Law. Mr E W Barker, is understood to be in line to become chairman of Singapore's world-class Shan-gri-La Hotel. The hotel had no comment yesterday on Mr Barker's appointment, because it has not been made official yet.
      234 words
    • Article
      FCC's $52.4m bottomline profit comes from sale of two buildings
      442 17  -  By ELAINE KOH FIRST CAPITAL Corporation has reported a bottomline profit of $52 45 million last year, largely thrown up by the surplus from its sale of The Promenade and Robinson Centre. The one-off gain of $53.12 million more than
      442 words
    • Article
      Lock icon HK Land profit expected to rise less than 10pc
      293 17 Reuter THE 1988 RESULTS of Hongkong Land Co Ltd, due tomorrow, are likely to show a rise in net profit of less than 10 per cent, to HK$l.2 billion, but that should still please the market, stock analysts in Hongkong said.
      Reuter  -  293 words
    • Article
      Inno-Pacific Holdings forecasts 73pc increase in net profit
      359 17 INNO-PACIFIC Holdings Ltd, which is in the midst of a massive rights issue, has forecast a net after-tax profit of $18 million for the current financial year ending December Although the forecast is 73 per cent higher than its recently announced $1.04
      359 words
    • SES
      • Article, Illustration
        Market soars to post-Crash high on record volume
        750 18  -  By ANDREA BORCH THE LOCAL MARKET yesterday surged to record volume and a post-Crash high sparked by many bullish forces during the past week. Investors found "buy" signals in market observer David Fuller's comments that the local market could test its all-time
        750 words
      • Article
        COMPANY MEETINGS
        141 18 AVIMO SINGAPORE LIMITED: 15th AQM at Leo Room, Marina Mandarin, 6 Rattles Boulevard, Marina Square, Singapore 0103, on Monday, March 20, at noon. VAN DER HORBT: 15th AGM held at 11, Padan Crescent, Singapore 0512 on Thursday, March 23, at 10 am. SAMANDA NOLOINGS BERHAO: 17th AGM at
        141 words
      • Article
        Unit trusts
        315 18 Managers' prices UOB Management for March 16 Unifund 106 106 Umbond 1005 103 Singapore Unit Trust The Commerc* 106 II? MARA- Bumiputra Th* Savings fund 090 S'por* Prog fund 0 41 095* Ftrst 8 putro 699 704 0.46 Second B'putro 603 608* S'por* S«c fund 069 S'por* lnv*st
        315 words
      • Article
        APPROVED ISSUES
        160 18 Company RIGHTS ISSUE D C Bank One-for two tO 75 per share Ex-dote-. Mor 9 Boots close Mor 23 George Town Three-lor two $1 00 per shore Ex-dote: Mor 13 Books dose: Mor 20 Inno-Pocific Three-tor-two $1 30 per shore wilti )2 nominal omount of loon Stock ond
        160 words
      • Article
        PROPOSED ISSUES
        304 18 Company RIGHTS ISSUE Ayer Hitom Tin One-tor on* $1 10 per shore Berjayo Corpn One-for one >100 PO< per shore C 1 Moldings 27 million loon stocks in the ratio of S3 loon slock ter every five ordinory shores held Causeway Inv Issue of $7,252,937 nominal amount of
        304 words
      • Article
        SES SHARE INFORMATION
        5999 18 1981 High l/M Low Tel Cod* Company Last Sale MAR IS orVol C000) Day High Low Last Quote Buyer Seller Qr's Dlv Dlv Cvr Qr's rw Net P/E M Cap Smll SECTION ONE INDUSTRIAL COMMERCIAL 162 85 260 167 135 460 238 350 132 167 177 297
        5,999 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices rally broadly
        3448 19 MBT THE Kuala Lumpur stock market staged a fairly strong rally yesterday as investors surfaced from the sidelines to embark on a buying spree, sending prices broadly higher in hectic trading. Dealers said the uptrend was in line with the better performances in major international markets,
        MBT  -  3,448 words
    • REGIONAL MARKETS
      • Article
        Lock icon Environmental call snuffs out pulp mill
        467 20 Reuter OEMANDS FOR tougher environmental safeguards have killed Australia's largest manufacturing project and thrown the future of one of the country's biggest companies in doubt. North Broken Hill Peko Ltd and Canada's Noranda Forest Inc. 80 per cent owned by Noranda Inc, said they
        Reuter  -  467 words
      • Article
        Lock icon New Zealand government postpones sale of state-controlled BNZ
        397 20 FT NEW ZEALAND'S decision to withdraw Bank of New Zealand (BNZ) from sale once again means Finance Minister David Caygill has accepted the commercial reality that delaying the disposal should bring a better price. The government on Tuesday rejected a bid for
        FT  -  397 words
      • Article
        Lock icon HK exchange cancels listing of four inactive companies
        332 20 AFP THE STOCK EXCHANGE of Hongkong has cancelled the listing of four companies which had earlier been labelled by the exchange as unsuitable to stay public. The four firms are Gulf Arabian Ltd, Siu King Cheung Hing Yip Co Ltd, Wah May
        AFP  -  332 words
      • Article
        Lock icon Japan, Iran to discuss closure of oil complex
        339 20 Reuter IRAN HAS HINTED that it might agree to abandon an Iranian-Japa-nese project to build a giant petrochemical complex, a Mitsui Company spokesman said. Mitsui officials said they hoped they had broken the impasse over the Iran-Japan Petrochemical Company (UPC) project which
        Reuter  -  339 words
      • Article
        Lock icon HK Mandarin's plans hit snag
        150 20 Reuter MANDARIN Oriental International Ltd's expansion plans have been hindered by a scarcity of sites that meet company standards. Chairman Simon Keswick said in a statement. "We will continue to examine suitable opportunities but our policy remains that of pursuing only those which will both
        Reuter  -  150 words
      • Article
        Lock icon Violence erupts at Hyundai shipyard
        267 20 AFP SOME 50 workers and officials of the Hyundai group conglomerate were injured when strikers attacked pro-management employees on Monday and Tuesday in south-east-ern Ulsan, company officials have said. Hyundai officials said that striking workers in groups of about 100 to 200 attacked workers on
        AFP  -  267 words
      • Article, Illustration
        Lock icon Stocks surge ahead
        554 20 Tokyo Reuter SHARE prices surged in active, broad-based trade on the Tokyo exchange yesterday. Some late buying brought the key Nikkei Index to end above 32,000 for the first time since March 3. Investors were encouraged by Tuesday's news of an unexpected 0.4 per cent fall in
        Reuter  -  554 words
      • Article, Illustration
        Lock icon Shares continue fall
        466 20 Australia Reuter STRONG investor support for gold stocks was overwhelmed by bearish sentiment as the Australian share market sank further yesterday afternoon. Brokers said the national market traded in a tight range on low volumes because of a "crashing lack of interest" ahead of the release today
        Reuter  -  466 words
      • Article, Illustration
        Lock icon Stocks finish stronger in heavy trade
        1417 20 Hongkong Reuter HONGKONG stocks followed Tokyo's surge to finish stronger yesterday in the highest turnover for a month, brokers said. "We've had some good company results and Tokyo was very strong so the fund managers who have been sitting on large cash positions decided
        Reuter  -  1,417 words
      • Article
        Lock icon Seoul: Heavy trading
        165 20 Reuter SEOUL stock prices rose again across the board in active trading yesterday, pushing the composite index to a record high, brokers said. The index gained 15.2 points near the close to stand at 985.94 on turnover of 580 billion won against Tuesday's close of 558.2 billion.
        Reuter  -  165 words
      • Article
        Lock icon Manila: Shares slide
        182 20 Reuter PHILIPPINE shares fell sharply in light trading yesterday after the latest oil flow rates on the Galoc 1A well fell well short of expectations and hit sentiment. Manila's Composite Index fell 3.5 per cent to close at 874.38 points from Tuesday's 905.96. The exchanges announced the
        Reuter  -  182 words
      • Article
        Bangkok: Mixed close
        221 20 THAI stocks ended mixed yesterday after a spate of profit-taking cut early gains, brokers said. The Securities Exchange of Thailand Index fell 0.04 point to 438.79 in active trading as gains outnumbered losses 49 to 42. The most heavily traded shares were Star Block and Padaeng. Sentiment
        221 words
      • Article
        Lock icon Taipei: Shares end lower
        503 20 Reuter MOST Taiwanese share prices ended lower yesterday as investors grew nervous over the soaring value of the Taiwan dollar, dealers said. The financial sector's strength failed to overcome general pessimism about the prospects for export-reliant companies, and the weighted index dropped 78.71 points, or 1.04
        Reuter  -  503 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Shares ease in light trading
        824 21 New York Reuter CAUTION AHEAD of the US merchandise trade data report due out yesterday morning sent US share prices to a narrowly lower close in light trading on Tuesday, despite the good news of a lower-than-expected retail sales figure in February, analysts said. The
        Reuter  -  824 words
      • Article, Illustration
        Lock icon Equities open easier
        1013 21 London Reuter EQUITIES were easier at the official opening yesterday on an absence of buying rather than any heavy selling, dealers said. "Now the budget is out of the way and Lawson (the UK Chancellor) has indicated that high interest rates will be with us for some
        Reuter  -  1,013 words
      • Article
        Selected indices
        115 21 HONGKONG All Industrials Hongkong Index Wednesday 2.464 1 Tuesday 2.470.7 Wednesdoy 2.048 59 Week ogo 2.464 0 Tuesday 2,006 28 Week ago 2,019 19 NEW YORK Hang Song Index Dow Jones Wednesday 3,***** Tuesday 2.306 25 Tuesday 3,***** Monday 2,***** Week ago 3,***** Week ogo 2.290 71 TOKYO
        115 words
      • Article
        Lock icon Direct-sales company sold for US$395m
        606 21 Shaklee acquired by Yamanouchi NYT THE SHAKLEE CORP, a directsales company specialising in vitamins, cosmetics and household products, on Monday agreed to be acquired by the Yamanouchi Pharmaceutical Co of Japan for US$2B a share in cash, or about US$395 million. The price is in
        NYT  -  606 words
      • Article
        Lock icon Sears cuts back on financial services
        528 21 NYT SEARS. ROEBUCK CO is reducing by half the number of Dean Witter Reynolds offices in its stores and will convert almost all of the Coldwell Banker real estate offices in the stores to unmanned marketing and referral units. The retailer, which bought the
        NYT  -  528 words
      • Article, Illustration
        Lock icon SAS airline profits soared by 51pc in 1988
        388 21 Reuter SCANDINAVIAN Airlines System (SAS), aiming to become one of Europe's top five carriers, has raised airline profits by 51 per cent in 1988. Total group profits before extraordinary items more than doubled to 3.71 billion Swedish crowns (US$5BB million). The figure
        Reuter  -  388 words
      • Article
        Lock icon New rules will allow ATT to go long distance
        405 21 Reuter AFTER TWO YEARS of work and several revisions, Federal regulators said they plan to approve this week new rules that will free American Telephone and Telegraph Co to earn as much as it can from long distance services as long
        Reuter  -  405 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1535 21 Reuter AMSTERDAM:Dutch share prices started narrowly mixed yesterday as bourse trading got underway slowly ahead of the 1330-GMT release of US January trade data, dealers said. Philips, most-traded on Tuesday with 1.65 million shares changing hands, started 0.20 guilder up at 39.20 guilders on continued interest triggered
        Reuter  -  1,535 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      42 17 Office Building with built-in area ***** sf on freehold land area approximately 6500 sf in central business district. Good prospect for redevelopment. Parties genuinely interested, please write, for further details to:Buslness Times Box ***** Times Industrial Building 422 Thomson Road Singapore 1129
      42 words
    • Advertisement
      Page 17 Advertisements Column 2
      11 17 Keep your investment decisions on target rjHARTPOINIf Lj EVERY SATURDAY X
      11 words
    • Advertisement
      Page 17 Advertisements Column 3
      367 17 CURRENCY INVESTMENT AMERICAN fiXPRHSS BANK TEL: 321 3333 Singmorine Industries Limited (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at the Board Room. Keppel Corporation Limited. 325 Telok Blangah Road. Singapore 0409
      367 words
  • Page 17 Miscellaneous
Page thumbnail Page 18
Page thumbnail Page 19
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22
  • Article, Illustration
    EDB chief puts SME issue in perspective
    471 22  -  Govt help available to those who meet requirements By WALTON MORAIS RESPONDING to a recent comment that "only very few SMEs" have benefited from government incentives. Economic Development Board chairman Philip Yeo yesterday cited statistics and facts to "put the matter in perspective".
    471 words
  • Article
    Distributors appointed for Aids robotic diagnostic system
    421 22 LIFE TECHNOLOGIES, creator of the world s first robotic diagnostic system to screen and confirm Aids, has appointed two distributors with international networks to introduce the product to Asian and Western markets. In a press conference to launch the system called LT-1, the
    421 words
  • Article
    Bill seeks tax relief for companies incurring losses on foreign ventures
    284 22  -  By LEE HAN SHIH A BILL TO provide tax relief for Singapore companies which suffered losses from investments in foreign non-technology ventures was read for the first time in Parliament on Tuesday. It seeks to allow "approved" companies to
    284 words
  • Article
    Lock icon Extra MAS flight subject to commercial agreement
    252 22 AFP A SEVENTH weekly flight to London granted to Malaysia Airlines (MAS) is subject to a "commercial agreement" with British Airways. MAS managing director Abdul Aziz Rahman said yesterday. Mr Abdul Aziz declined to elaborate on the agreement but said its formula was
    AFP  -  252 words
  • Article
    Lock icon More flights between Thailand, Vietnam
    172 22 Reuter, UPI THE AIRLINES of Vietnam and Thai'and will increase flights between the two countries. Naret Howanatakun. vice-president for marketing of Thai Airways International, said yesterday the airline and Air Vietnam would increase from two to three each the number of weekly flights on the
    Reuter,; UPI  -  172 words
  • Article
    Lock icon Botha heads Cabinet meeting
    68 22 AFP SOUTH AFRICAN President Pieter Botha headed a Cabinet meeting yesterday just two days after being disavowed by his own National Party (NP) in an unprecedented power struggle with new party leader Frederik de Klerk. Mr Botha returned to work exactly eight weeks after suffering a
    AFP  -  68 words
  • Article
    UK has no basis for protesting against decision: ministry
    431 22  -  The bar on QC Lester By MARTIN SOONG THE BRITISH Foreign and 1 Commonwealth Office had no basis for protesting against Singapore's decision to bar Queen's Counsel Anthony Lester from practising here, the Foreign Ministry said yesterday. In a statement, the
    431 words
  • Article
    Lock icon Comex gold
    95 22 Reuter COMEX GOLD futures softened early yesterday on fresh selling by managed fund traders amid disappointment at the market s inability to break overhead resistance at US$4OO.OO. The smaller US trade deficit for January was as expected and a non-event. April gold lost U552.49 at U*****.70 an ounce,
    Reuter  -  95 words
  • Article
    Lock icon Standardised sales agreements for M'sian apartments from April
    302 22 Bernama SALES and purchase agreements for Malaysian flats, apartments and condominium units will be standardised from April 1 with the enforcement of the Housing Developers (Control and Licensing) Regulations 1989 Before this, sales and purchase agreements for a unit in a sub-divided
    Bernama  -  302 words
  • Article
    Lock icon US requires airlines to have FAA security clearance
    206 22 AP WASHINGTON has adopted a rule that will require foreign airlines operating in the United States to have security programmes approved by the Federal Aviation Administration. Transportation Secretary Samuel Skinner told the Senate transportation appropriations sub-committee that the new requirement is aimed
    AP  -  206 words
  • Article
    Lock icon 1992 could bring higher air fares if duty-free is abolished
    218 22 AFP EUROPEAN air travellers may have to pay higher fares if the European Community (EC) abolishes duty-free sales on flights between its 12 membercountries under its 1992 sin-gle-market plan. Gunter Eser, director-gener-al of the International Air Transport Association (lATA). said
    AFP  -  218 words
  • Article
    Lock icon LDP and opposition reach agreement on Japan's 50-day stop-gap budget
    312 22 Reuter, AFP JAPAN'S ruling Liberal Democratic Party (LDP) has reached basic agreement with opposition parties on a stop-gap budget for the first 50 days of the fiscal year starting on April 1, parliamentary officials said. The size of the budget
    Reuter,; AFP  -  312 words
  • LATE FILE
    • Article
      Lock icon Mahathir meets Mrs Thatcher
      47 22 Reuter BRITISH Prime Minister Margaret Thatcher met Malaysian Prime Minister Datuk Seri Or Mahathir Mohamad for an hour yesterday at the Malaysian High Commission in London. They discussed international issues including the Commonwealth summit to be held in Kuala Lumpur in October. Reuter
      Reuter  -  47 words
    • Article
      Lock icon EFTA seeks close ties with EC
      64 22 AP THE SIX-NATION European Free Trade Association said in Oslo yesterday that it sought partnership with the European Community and proposed forming joint institutions and opening borders. In the first EFTA summit in five years, Norway, Sweden, Finland, Iceland, Switzerland and Austria said they
      AP  -  64 words
    • Article
      Lock icon Ties still with CGDK: Chatichai
      77 22 Reuter THAI PREMIER Chatichai Choonhavan assured his Chinese counterpart Li Peng in Beijing yesterday that Bangkok had not decided to recognize the Hanoi-backed Phnom Penh regime as claimed by Vietnam because of a visit to Bangkok in January by Phnom Penh Prime Minister Hun Sen.
      Reuter  -  77 words
    • Article
      Lock icon Manila rejects expulsion calls
      35 22 AFP PHILIPPINE Foreign Secretary Raul Manglapus yesterday rejected calls from two Congressmen to expel a Chinese diplomat who warned Manila that growing ties with Taiwan could adversely affect relations with China.
      AFP  -  35 words
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      141 22 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens, elegant one or two bedroom suites right in the heart of ()rehard Road. At The Ascott, we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate in luxury
      141 words
    • Advertisement
      Page 22 Advertisements Column 2
      544 22 (1) Team-Driven J.I.T. Singapore, April 3-5,1989 Fee: Ss99o SIM members Sslloo non-members Communication Skills Development -Time) is a value-adding Effective Use of Reinforcement illy applied to Punishment g companies, but it has Reinforcing Improving High tion to service and public Achievers sations. J.I.T. includes Barriers to Changes ontrol (TOC). total
      544 words
Page thumbnail Page 23
  • SHIPPING TIMES
    • Article
      Far East-US conferences to increase rates
      513 23  -  By RAHITA ELIAS THE TWO major shipping conferences governing the Far East and the United States trades have decided to execute the second stage of their rate restoration programme From June 15, Asia North America Eastbound Rate Agreement (Anera) will increase rates by around
      513 words
    • Article
      SCI plans to resume services to US west coast
      391 23  -  By SHIRISH NADKARNI THE SHIPPING Corporation of India (SCI) is planning to restore its breakbulk services to ports on the United States west coast. The first of the sailings is scheduled to take place within a fortnight. SCI had suspended its
      391 words
    • PORTSIDES
      • Article
        Melbourne clears strike backlog
        83 23 TEN ships are waiting to dock at Melbourne, causing moderate congestion, but the backlog is being cleared quickly, a port spokeswoman said. Harbour control and dock workers have imposed bans on foreign flag vessels, preventing their docking. The bans did not affect 30 per cent of
        83 words
      • Article
        Lock icon Weather closes Alexandria Port
        79 23 Reuter HIGH Seas and a sand storm forced the closure of Egypt's main Mediterranean port of Alexandria and a nearby oil terminal on Tuesday Port officials said the port and the Suez-Mediterranean Arab Petroleum Pipelines Company (Sumed) terminal at Sidi Kerir, 32km southeast of Alexandria, would
        Reuter  -  79 words
    • Article
      Lock icon HAL puts fund on deposit while planning a revamp
      176 24 Reuter HOLLAND America Line Trust (HAL) has put the funds it received from the sale of the main business on deposit for the time being while planning a reorganisation including a 100-for-one stock split. The Amsterdam-listed trust said it had no
      Reuter  -  176 words
    • Article
      Filipino crew asked to soften demand for higher pay
      449 24  -  By AL O LABITA Jr NORWAY has asked the Philippines to soften its demand for high salary scales for Filipino seafarers employed on board Norwegian flag ships and other foreign-owned vessels The request was sounded out in a week-long seminar on
      449 words
    • Article
      Lock icon Strikes at Rotterdam grain terminals
      153 24 Reuter THE two main grain handling terminals in the Port of Rotterdam were hit by lightning strikes over proposed redundancies on Tuesday, company and union spokesmen said. The Graan Elevator Mij (GEM) terminal at Botlek was at a complete standstill, with actions spreading to the
      Reuter  -  153 words
    • Article
      INDEX TO ADVERTISERS
      798 24 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 1/2 Alltrans IV 1 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Balt-Canoda line VII 4/5 Bait-Orient line VII 2 Baltic Orient Shpg
      798 words
    • Article
      Bangkok Cranage Corp files suit against PAT
      462 25  -  By RICHARD NG BANGKOK Cranage Corporation filed a suit on Monday against the Port Authority of Thailand, its director-general and the Industry Minister Banharn Silapa-Archa for a breach of contract over crane services at the Bangkok Port. Deputy Ministry of Transport and Communications,
      462 words
    • Article
      Lock icon Lower estimate for beef shipments to US
      185 25 Reuter THE Australian Meat and Livestock Corp (AMLC) has revised its estimate of calendar 1989 beef shipments to the US to about 310.000 tonnes from around 330,000 previously. In calendar 1968, Australia shipped 340,000 tonnes to the US. its largest single beef export
      Reuter  -  185 words
    • Article
      LR rules for offshore structures
      297 25 LLOYD'S Register's first ever classification for fixed offshore structures have been published. The rules provide a valuable tool which helps owners and operators as well as government authorities to ensure the safety and fitness for purpose of all types of fixed offshore structures. The need
      297 words
    • Article
      PORT CONDITIONS
      235 25 ALL SURVEYS were conducted on March 7. Argentina All ports Normal operation. Bangladesh Chittagong 25 vessels operating. Mongla 20 vessels operating. Brazil Santos 60 vessels operating. Rio de Janeiro 30 vessels operating. Cameroon Douala Normal operation. Chile All ports Normal operation. Cyprus Limassol and Larnaca Normal operation. East
      235 words
    • Article
      SHIPPING LIST
      2033 30 AARMUS Banavon Trtof Match Anal MaarM MaarM Lina March It/17 Evar Qlaaful Evargraan March It Ming Camion. Yang Ming. Match 1* ViHa da Salurna CM 0 Altratamant March 20 Noraaia Stnga. Noraaia llna. March 30 Korrigan ScanOutcht March 20 Liao Ha. China Ocaan Shpg. March 21 Oaaka Bay
      2,033 words
    • Article
      LONDON FREIGHTS
      1153 30 FREIGHT market activity on Tuesday mainly centred on the time-charter sector where rates for some business renewed the recent firm trend, brokers said. This included the booking of a 70,000 tonner for a round trip from Spain via West Africa and US Gulf and back to the Continent
      1,153 words
    • Article
      SHIPS IN PORT
      1228 30 AT CONVENTIONAL WHARVES VmmI B#fH N Arrival Departure KEPPEL WHARVES *"o« tapmy CIO olongtid* 17 03,0600 IU Sty K20 otongnde 1703,0600 CGMtoono KIS otongjida It 03/1500 G Molon IX K2I oiongvO# 1703/1500 Koto lotno K3I olongiida 2003/0600 Kola Wonmo K32 otongud* 19(0/1830 Mudonttan K15 olongjido 22 03/2300
      1,228 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      746 23 TIMES MSlft is< Dedicated fo Qualify 3c*»vic<.*. Jardines DINE SHIPPING AGENCIES 200 Cantonment Road #12 OS Southpomt, Singapors 0208 r<H *****11 TELEX NO RS ***** TERMINAL,CFS Tel *****18 220 BOOKINGS Tel *****34 235 PtSAKA JAROINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 Telei No MAJ9477,MA3970l PENANG TEL *****4 TELEX
      746 words
    • Advertisement
      Page 23 Advertisements Column 2
      66 23 mm NORWAY has asked the Philippines to soften Its demand for a high salary scales of Filipino seafarers employed on board Norwegian flag ships and other foreign-owned vessels. Page II BANGKOK Cranage Corporation filed a suit on Monday against the Port Authority of Thailand, its director-general and the Industry Minister
      66 words
    • Advertisement
      Page 23 Advertisements Column 3
      711 23 TIMES STP Distributors Times Publtshtnq Croup MAERSK LINE DESTINATIONS F«m«( by M Koto# 4 M rauro This Mat Laura M Closing Tim* CY 21/3 0700 MRS CFS 20/3 2100 MRS To California-US Gulf-US Atlantic-East Canada-All Water Service 18/4 19/4 21/4 22/4 22/4 23/4 23/4 30/4 26/4 26/4 29/4 29/4 30/4
      711 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      525 24 4K Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BENAVON OSAKA BAY TOKYO BAY NIPPONICA TOLAGA BAY HONGKONG EXPRESS MONTE ROSA ALASKA MARU ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN. COPENHAGEN, AARHUS. GOTHENBURG. MAIMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG BREMERHAVEN TOLAGA BAY
      525 words
    • Advertisement
      Page 24 Advertisements Column 2
      17 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
    • Advertisement
      Page 24 Advertisements Column 3
      859 24 REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE (VIA FEEDER) PEN PKL SIN FLX R NORASIA SINGA V 8902 3 11/3 19/3 20/3 13/4 NORTH SEA V 8903-3 25/3 26/3 28/3 17 4 T NORASIA AL MUNTAZAH V 8904-3 1/4 2/4 4/4 27M NORASIA SAMANTHA V 8905-3 14/4 15/4 17/4 11/5
      859 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      1042 25 I CONTAINER SERVICE TO UK/CONTINENT: CONTAINERSHIP SERVICES TO/FROM BANGKOK PtCASUS PftOCftCSS VS62N 19 Mar 22-23 Ibr PtCASUS PIONEER V23N 23-24 Mar 28-27 Mar BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 SINGAPORE TO SABAH. SARAWAK AND BRUNEI Aljo Accepting Cargo For: H—nbmi '0 Aarhue, Gottwnbur|, Malmo, Stockholm, Holtinki. Sondtfburg WWW la
      1,042 words
    • Advertisement
      Page 25 Advertisements Column 2
      825 25 APPONTMENT JEBSENS MIBHMTMNM, <i W; iii i As the Marketing and Chartering Arm of A/S Kristian Jebsens Rederi, Bergen, we are seeking an experienced local chartering person for our Singapore office to take care of our chartering activities in this region, as well as to market our growing fleet of
      825 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      584 26 mSINOSE MARITIME PTE LTD ISLAMIC RCPUBLIC OF IRAN SHIPPING LINKS n.'iH.'i 1/ ViTw IRAN BAYAN PJLMI Singapore Loading for SM BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSI KYOWA VIOLET V 24 KYOWA HIBISCUS V 36 LOAD FOR: VILA. NMA. LTK, SUVA. PAGO. APIA CUAM. SAIPAN. HRA, VILA. NMA.
      584 words
    • Advertisement
      Page 26 Advertisements Column 2
      882 26 HANJIN SHIPPING CO., LTD. yjl V CONTAINERISED SERVICE TO EUROPE VIA SUEZ USA PACIFIC SOUTH WEST TO PACIFIC NORTH WEST CANADA FROM EUROPE VIA SUEZ TO EAST COAST (ALL WATER SERVICE) CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL VEGA SS AC2I KUANTAN S PORE LOADING FOR 21/3 DUBAI. DAMMAM INBOUNO SERVICE
      882 words
    • Advertisement
      Page 26 Advertisements Column 3
      1139 26 EVERGREEN Full Container Service EVER CHUT EVER COLDIN CVER CLOU EVER GINIUS EVER GIANT Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) JTm Mm Mm »,m E TYO CHS BAL NYC LHV AN* ROM FIX 2303 2403 2MB 2MB 3103 IBM KM 0704 1004 (BOS 0505 0705 1708 \U6 IMS 2805 22 S£ D
      1,139 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      1052 27 PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel *****33 1 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE VCMCL HA PEARL MAJAPAHfT SEA PEAHL MA PEARL MA PEARL SEA KARL TP SIN SBY SRO m Pt 19/3 21/3 In PI 20/3 24/3 27/3
      1,052 words
    • Advertisement
      Page 27 Advertisements Column 2
      620 27 irm BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINE S POM P KUNC STON HAH IHA VIM (DAM HAVM w im w w (i mi ih J on an u* im im vn I*4 2*li 11/4 IM 14,4 U,4 I*l ZW 21* I*4 f Wi 1/4 I*4 21/4 23/4 24/4
      620 words
    • Advertisement
      Page 27 Advertisements Column 3
      518 27 DJASAGETRI A Joint Europe Service Of: FT. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE L. J. BONTANG/17WB MATARAM/23W8 PA.EMBANG/12WB KUTAI/16WB ANTWERP H'BURG/ RDAM/ADAM BREMEN 7/5 12/5 li/s ltys 66 11/6 17 /6 22/6 Sublet to Inducement Also accepting cargo
      518 words
    • Advertisement
      Page 27 Advertisements Column 4
      381 27 BOUSTEAD SHIPPING AGENCIES PINYA VIOIW pagan nm HTONEYWA V245W PA-AN VUM BURMA FIVE STAR SHIPPING CBRPBMTIMI (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangk All l(« Ilk NORTHBOUND TO UKC SPORE ROAM HULL HMBG CLYDEBANK V2SN 28/3 26/4 3/5 30/4 TAMATAI SAMOA Vl5 24/4 21/S 10/6 25/4
      381 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      884 28 Q K LINE KAWASAKI KISfcN KAISHA. LTD. mnc coast •PK/PNG SGP 0. FREEDOM V24/OOCL FAIR RAINBOW BRIDGE 0 FSHIP Vl3/00CL FREEDOM VIA FECOCM ORIENTAL FREEDOM RAINBOW BRIDGE ORIENTAL FRIENDSHIP VM FEEDER FEEDER VESSEL ORIENTAL FREEDOM RAINBOW BRIDGE ORIENTAL FRIENDSHIP "Via Fm4m FEEDER VESSEL CHINA CONTAINER ACE CONCORO NEPTUNE TOPA2 S.S
      884 words
    • Advertisement
      Page 28 Advertisements Column 2
      553 28 a os as& AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCUFCI Containers S«poort P K«t*n| Ptntn, LOKjmf lor. "ow* W B» frnou Br F«o« KAUO« S ¥C° I iT ruis?D*sVil 2 Fr.m«Mb/Srdn/A«W MUMSV4J »*r Fr«MWM*.,A*i Vc u T ?1 him 24 Jim TULSIDAS *42 2* July II Jul, 18 Jlrfy Fr«n,l»M)/S»<Jn 'AM
      553 words
    • Advertisement
      Page 28 Advertisements Column 3
      557 28 GOLDEN LINE GUKN GIMN SMPTING (PIE) LID 73, fttok Amt Street SINCAHMK MM t(l 0194 ru UUW (19 LIN(S) fu N4Mt STRAITS/PERSIAN GULF SERVICE: Sport P KeUng Penang COCtXN WON OCR CotamtaklUridii/OuiMi 17/1» Htr QOLOCN MAVtN Cotonbo/lUrtcfci/Oubi. M Apr CHINA SERVICE VtSSU Hinntpu SAanftoi 2S/2S Mar CHINA OCEAN SHIPPING CO.,
      557 words
    • Advertisement
      Page 28 Advertisements Column 4
      444 28 \eß PHIU'OtIICNT LINCS PTC LTD HfAO OffiCt 83 SOIiNSOW R0»0 »OM2 AfflO ASIA «UU.OiNG S«SCAPOAC 010! fKfX RS *8720 PMlii f\i EAST/MI EAIT Ftt ft LP. IETA SINGAPORE I DESTINATION "»^ti WOTPrrtf rrrrr: (i i iMWMi m ttjtz NEW GENTRADE CHITTAGONC EAIT/WEST AFRICA/MB). Fa A La »V!Cf MOMBASA. DARESSALAM ASSAB
      444 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      731 29 Atjtnt? S poie NEPTUNE AGENGES PTE. LTD. 6«wr»( Bookings Booking! Inward/ fetmiml CfS te'.T 1 ft ,PA '«A Outward *****22 222U UHM 2/85/43 2/***** miW 2HOIU 2m 16 2«0U» 2/***** EXPORT P.MMg Uluirpiir Pfuoi MK3I MM 6200)5 NEPTUNE! Ptnanj ,dalMu *****5 ntOtO aim *****1 am ana IMPORT US ATLANTIC COAST
      731 words
    • Advertisement
      Page 29 Advertisements Column 2
      426 29 HEUNG-A SHIPPING Korean Flag Vessels OOHAM SEMi-CONTAINERISED DIRECT SERVICE TO KELANG. PENANG, KEELUNG BUSAN INCHON Vetael's Nam ETD BS SPORE PKLG KEE BUSAN MO JI VGLORIA/9QW 09/03 71 22/03 19-20/03 30-30/03 02 0304 (B/0« NO I DONAM/K3N 13/03 23-25/03 20-27/03 04 04/04 07-09/04 204 DRAGNET/903N 22/03 03-04/04 01-02/04 12-1204 15-1(04
      426 words
    • Advertisement
      Page 29 Advertisements Column 3
      188 29 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) IPS > MANILA 17/3 A 24/3 BUSAN IC/3 23/3 TOKYO K/3 a/3 kobi m tap NAGOYA lt/3 a/3 YOKOHAMA 14/3 3/3 JAKARTA MM T 2G ru ,1. 3k )IJBf,III|JIJPfJ I JJH 1 -v*». r.VK 1 MR tiS [•111^ NOW LOADING JAPAN (ALL
      188 words
    • Advertisement
      Page 29 Advertisements Column 4
      947 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** PENANG p KELANG r X"*"* SUM. .NO i?. ftlti. MA ***** No 14 lilin Cun*jh, Port HtUn#.
      947 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      262 30 r SINGAPORE SHIPPING CORPORATION (PTE.) LTD. rtl 225 6868 (34 Ime-i) FAX *****39/*****/6 mtX HS ***** A/B SSCMA. US ***** A/H SSCAO DSR-LINES vEB o£ijT c OACH* SSSREEDEPE' qQSTOC u i INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE mA IARNACA ACCEPTING CARGO FOR UMASSOL,
      262 words
    • Advertisement
      Page 30 Advertisements Column 2
      30 30 T.S.K. LINE WEEKLY CONTAINERISED SERVICE HINODE KISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE MIDDLE EAST REGULAR LINER VESSEL KASUGA S PORE ILOADING FOR: SINGAPORE SHIPPING CORPN (PTE) LTD TEL: *****64
      30 words
    • Advertisement
      Page 30 Advertisements Column 3
      87 30 OTB TTuT |S) PTE LTi (MTCRNATIONAL FRKIOHT FORWARD***) MAINFREIGHT (S) PTE LTD 15 Mccailum St #05-04. Natwest Centre S pore o<o6 TEL: *****12 AUSTRALIA VSL SIN FOR MULBERA 18/3 MELBOURNE Z. VENEZIA 22/3 SYDNEY/BRISBANE/ADELAIDE B. ANQSANA 16/3 FREMANTLE FCE SHIPPING WEEKLY SERVICE TO:USA. HONGKONG FLYING CIRCLES EXPRESS PTE LTD TEL:
      87 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      157 30 Regional Weather VA C' V* I 5* ft 3 2 ft ->ri <•» 1£ •c A cT w Wnd drection with speed knots SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7.30 AM. March 16, 1969 IfGCND R Thunderstorm Temp«rohjr. c X\ n Show«r W#oft>#f Wod drectiori with tp««d m knots Ron
      157 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      481 31 FARGO SHIPPING Tel:Sa4Qiaa frf; REGULAR EXPRESS FCL& LCL SERVICE m ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND VSI TNT Eiprut 221 E HUDIG 222 Also accepting cargo to:AUSTRALIA Adelaide, Brisbane Nf* ZEALAND WellingW Napier Christchurch TO USA/CANADA 19 DATS FROM FOB/MARSEILLES! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vsl TNT Eipress E.HUOI6 BRUSSEL C. VEROLME idIEigiEIMIEMiEII^BEMIEMI
      481 words
    • Advertisement
      Page 31 Advertisements Column 2
      320 31 CALCUTTA/KARACHI/CHTGONG/CBO REGULAR CONVENTIONAL LINER SERVICE Pan/Pkg l pv< Lo««m For W) KARACHI 24/3 CALCUTTA WSL PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG SARGODHA 2S-30/3 SUNDERBANS 23-25/4 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA
      320 words
    • Advertisement
      Page 31 Advertisements Column 3
      778 31 COMPANIA CHILENA OE NAVEGACION INTEROCEANICA SA (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE ARI IQUIQUE VALPARAISO STO S. PALI OS 08,05 M/ 05 13/06 CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71, *****65 (THONG LEE EXPRESS SHIPPING (S) PTE LTD
      778 words
    • Advertisement
      Page 31 Advertisements Column 4
      14 31 <m> CRYSTAL FREIGHT SERVICES V M *****18 Th: ***** CFSM FAX: *****11 BOOKING: *****22
      14 words
    • Advertisement
      Page 31 Advertisements Column 5
      253 31 I UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 w IRAQI LINE IMCI ¥«T| «rmsi I T(Mf EAST BOUND SERVICE ETA S PORE LOADING FOR MV ALWASITTI 25/3 S. Korea, Japan THROUGH B/li to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA t BAGHDAD REEFER SPACE AVAILABLE
      253 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      549 32 Hai Sun Hup Co (Pte) Lfc x r r £t- *****06 (20 Un«S. TLX H$ ***** iRS 206 H- ,1. I -\STE UN AK L l\L K. I fl) STRAITS/ JAPAN/ STRAITS SERVICE PECIALIST IN RO-RO HEAVY LIFTS ESSEL SEKI VEGA ASIAN KOGGEGRACHT NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG.
      549 words
    • Advertisement
      Page 32 Advertisements Column 2
      486 32 pun VAKin I IMP WEEI(LY PRESS INDEPENDENT IAIIU LlllC FAR EAST/EUROPE FULLY CONTAINERISED SERVICE and Scandinavian ports EASTBOUND SPORE HANJIN ROTTERDAM IE 20/3 HANJIN MA SAN 47E J/4 QUEEN S WAY BRIDGE 07E 17/4 CHOYANC PARK ME 24/4 Ldg for HK/KAO/KOBE/YOKO/BUSAN FMG LOT* MC ACANfc a«*MCOv.OMB AN* > fNA f
      486 words
    • Advertisement
      Page 32 Advertisements Column 3
      360 32 p\D P.T. MASKAPAI PKLAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEOULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PNG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SCR SINGAPORE W. MALAYSIA
      360 words
    • Advertisement
      Page 32 Advertisements Column 4
      722 32 rpsr r V' CALL US AT: P KELANG PENANG J BAHRU P GUOANG SINGAPORE K. LUMPUR 3685/53/368/111 04 *****2/4, 62/293 0/ *****8 07-5113/3. 5113/5, *****0, 5133/1 02 *****22 *****68 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B. BUTANC iO B. BUTANC US OTHER DESTINATIONS AARHUS. AMSTERDAM ANTWERP BASLE. BREMEN
      722 words