The Business Times, 21 March 1989

Microfilm: NL16518
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, MARCH 21, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    254 1 Dow lower WALL STREET stocks fell further early yesterday after a sharp loss last Friday on news of a jump in producer prices. The Dow was off 10 at 2,283 and declining issues led gainers by two-to-one. Reuter Footsie down LONDON share prices were lower at midday
    254 words
  • Article, Illustration
    Regional markets take a hard knock
    347 1 REGIONAL MARKETS took a nosedive yesterday following Wall Street's response to the one-per-cent jump in the US Producer Price Index, but analysts saw the drop as a technical correction rather than a prelude to another market crash. In Singapore, share prices fell 16 points
    347 words
  • Article
    US dollar firms against yen in Tokyo
    121 1 THE US DOLLAR yesterday briefly tested the 132-yen level on the Tokyo currency market as dealers anticipated a further increase in US interest rates. In Tokyo, the US unit closed 0.85 yen higher at 131.92 yen, its highest finish since Oct 7 last
    121 words
  • Article
    OCBC reaps HK$500m profit from sale off stake in Wing On group
    451 1  -  By LEE HAN SHIH OVERSEA-CHINESE Banking Corporation has sold what could be its entire stake in Hongkong's Wing On group at a profit of slightly over HKSSOO million. The sale will raise OCBC's net tangible assets per share,
    451 words
  • Article
    DBS Land posts $19.94m profit
    661 1  -  Boost from changes in accounting policy By ELAINE KOH PROPERTY GROUP DBS Land boosted its net profit to $19.94 million last year, thanks in part to a change in accounting policy which negated the need to make an $8.1 million provision for depreciation. Under the
    661 words
  • Article
    Lock icon Murdani keen on diplomatic relations with Israel
    167 1 UPI INDONESIAN Defence Minister Benny Murdani has spoken in favour of establishing diplomatic relations with Israel, the afternoon paper, Suara Pembaruan. reported in Jakarta yesterday. Indonesia, which has more Muslims than any other country in the world, has never allowed an Israeli embassy
    UPI  -  167 words
  • Article, Illustration
    Ten 'seed schools' retained to impart Chinese tradition
    538 1  -  By ANNA TEO TO STRENGTHEN the teaching of the Chinese language as a vehicle for transmitting core values, the government has decided to retain 10 "seed schools" in which the best traditions of Chinese primary school education will be preserved. Education Minister
    538 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      142 1 Nikon The World's Finest Photographic System. Identical write to the last detail. Except their point I sizes. You already know the Pilot Hi-tecpoint V 5. Now, meet the all-new We call them the identical high-tech twins. Similar in all J| aspects -upto a point. The V 5 writes with a
      142 words
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      Page 1 Advertisements Column 2
      283 1 Full Report, PAGE 16 Regional Mkts, PAGE 18 UshTSR. StDl CHIEF EXECUTIVES drink Coke. Top businessmen play games. So BT, from this week, is introducing a new column: The latest in games software for the PC, Mac, Atari and Commodore. Turn to TECHNOLOGY, Page 3. OsJiJ J Editorial Comment: 10
      283 words
    • Advertisement
      Page 1 Advertisements Column 3
      162 1 Nikon The World s Finest Photographic System. Selecting, posting and promoting Motivating teachers to give their best. PAGE 2 Forget your Savings passbook. This card is all you'll need. Hongkongßank Statement Savings Account y Enjoy all the benefits of our Savings Account without the necessity for a passbook! With just
      162 words
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  • HOME NEWS
    • Article, Illustration
      Selecting, posting and promoting
      348 2 MINISTRY OF EDUCATION LOOKING INTO SET-UP OF SERVICE COMMISSION riKssn THE Ministry of Education (MOE) is looking into the feasibility of establishing an Education Service Commission to handle the selection, appointment and promotion of teachers. This commission will work in consultation with the Public Service Commission
      348 words
    • Article
      Motivating teachers to give their best
      149 2 PEOPLE-CENTRED management would be necessary to motivate Singapore's new generation of teachers, and to ensure that students get the best education possible, said Moulmein MP Sia Khoon Seong. Mr Sia said the Education Ministry had not developed its "first-line managers" school principals fast enough
      149 words
    • Article
      'Extend Gifted Education to top 10pc'
      149 2 THE GIFTED Education Programme should be extended to the top 10 per cent of primary and secondary school students, suggested Hong Kah Group Representation Constituency MP Dr John Chen. The students in an expanded programme might not get better grades in the end, but
      149 words
    • Article
      New university will not be third-rate, says Or Tony Tan
      131 2 THE proposed third university should offer a quality, broadbased curriculum of essential subjects to avoid becoming a third-rate university, cautioned Ulu Pandan MP Dr Dixie Tan. Describing Singapore's "urgent need" for a third university, Dr Tan said there was a
      131 words
    • Article
      Another look at Religious Knowledge as a subject
      316 2 THE Minister for Education, Dr Tony Tan. yesterday said his ministry would take a fresh look at whether Religious Knowledge should continue to be offered as a subject in secondary schools. But any final decision would be made only after extensive discussions
      316 words
    • Article
      Looking at Malay students
      141 2 A NEW working committee will be jointly set up by Mendaki and the Education Ministry in May to study the socio-economic factors that contribute to the poor performance of Malay students, said Senior Parliamentary Secretary for Education Sidek Saniff. Responding to suggestions about the make-up of
      141 words
    • BRIEFS
      • Article
        Consumption tax
        103 2 THE Finance Ministry is still studying the various forms in which the proposed broadbased consumption tax could take in order to minimise any adverse impact. Finance Minister Or Richard Hu said the degree of integration between existing and new consumption taxes, which, for example, could be a value-add-ed
        103 words
      • Article
        CPF for flats
        108 2 PERMANENT residents, with spouses who are Singaporeans, can use their CPF savings to pay for their HOB flats. This clarification was made by Mr Lee Yock Suan, the Minister for Labour, in response to a question by Dr S Vasoo, the MP for Tiong Bahru GRC. Mr
        108 words
      • Article
        Compensation
        53 2 THE Workmen's Compensation rates are being reviewed to see if adjustments are necessary. Minister for Labour, Mr Lee Yock Suan, said the ministry will examine whether the compensation is adequate. He was replying to a question by Dr S Vasoo, MP for Tiong Bahru GRC. on whether the rates
        53 words
      • Article
        Total defence
        71 2 THE Second Minister for Defence (Policy), Dr Yeo Ning Hong, said that since total defence was introduced in 1984, annual surveys conducted by the Defence Ministry have consistently shown that most Singaporeans recognise its importance, and the need to play a part in it. Dr Yeo was responding
        71 words
    • Article
      US Embassy sells three lots of land for $12.9 million
      361 2  -  By LEE HAN SHIH, Property Correspondent THREE LOTS of land belonging to the US Embassy, including one on which stands the house previously occupied by former first secretary, E Mason Hendrickson, have been sold for $12.92 million. The sale, at
      361 words
    • Article
      Idea of free trade zone in Johor mooted
      236 2 SETTING UP a free trade zone in Johor to help Singapore manufacturers doing business there would be one of the suggestions to be made at a business seminar in Johor Baru next week. The president of the Singapore National Employers' Federation, Stephen
      236 words
    • Article
      Argentine envoy
      41 2 THE NEW Argentine ambassador to Singapore. Roberto Dellepiane Rawson, presented his credentials to President Wee Kim Wee at the istana yesterday. Mr Rawson has held various overseas postings, including general director of the Argentine Foreign Ministry's Western Europe directorate.
      41 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      388 2 Reports by MARTIN SOONG and LILIAN ANG 11l '■-•I !l THE NEW FX SERIES.AT 220CP8 IT'LL PRINT FASTER THAN YOU CAN IJI J 1 AI n Elite, it's even faster. 264 cps. St) if you P I I have lots of tedious printing jobs, this reliable I m I II
      388 words
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  • TECHNOLOGY
    • Article, Illustration
      Presenting figures attractively with spreadsheet publishing
      515 3  -  i [p@ (§*****- by Jeffrey Tseng IF IT WERE POSSIBLE to grade the importance of the various branches of PC applications databases, word processing, spreadsheets, communications and graphics spreadsheets would probably come up tops in most people's lists. Secretaries, and of course journalists, will
      515 words
    • Article
      Local software pioneer expands overseas
      633 3  -  By JEFFREY TSANG LOCAL software pioneer ATS Software Centre is on an expansion path to develop markets overseas. The company, which was granted pioneer status by the Economic Development Board for its work in highly-specialised software for the architectural, engineering and construction (AEC) industries, is
      633 words
    • Article
      Next flight: Plastic composites airplane
      308 3 WHEN the Starship, the Beech Aircraft Corp's new business airplane, begins flying commercially next summer, the event will represent something of a milestone in materials technology. The Starship is the first passenger plane to eliminate the metal frame and skin in favour of materials in
      308 words
    • TECH -TAKES
      • Article
        System Software sets up office here
        127 3 SYSTEM Software Associates of the US, the developer and global marketer of BPCS, the best-selling IBM mid-range computer-based software system for manufacturers and distributors, has opened a regional management office in Singapore. The local office will provide technical and marketing support to SSA affiliates
        127 words
      • Article
        Lock icon NSA to make own semiconductors
        128 3 AFP AMERICA'S National Security Agency (NSA) has begun the construction of its own computer semiconductor manufacturing plant, US Defense officials said last Saturday. "In September 1988 National Semiconductor Corp received an US$B5 million contract to construct and operate a microelectronics facility for the US government
        AFP  -  128 words
      • Article
        Cray's new line of upgradable models
        149 3 CRAY RESEARCH Inc formally introduced a full line of modular and upgradable Cray Y-MP computer systems, making its most advanced supercomputer technology available across a broad range of performance and prices. President Marcelo Gumucio said: "We have allowed for the easy migration of our
        149 words
    • Article, Illustration
      Lighter Side
      115 3 BT introduces today a new column LIGHTER SIDE which will feature the latest in games software for the PC. Mac, Atari and Commodore. HOSTAGE is an action-packed arcade-strategy game with graphics. It begins with an urgent phone call: an embassy has been overrun by terrorists and as the
      115 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      157 3 m M m EL Q f? SKI •mic >ii«! JlwS a r/ '(II 7, m V, m. m w M m Mi m m 1 a S liifl Tlk k y'n k nt»l>jil >1 y < >ati nji a( le Kcslauninl tie France. And who can blame them? Serving what
      157 words
    • Advertisement
      Page 3 Advertisements Column 2
      240 3 will help you analyse your data when it piles up that high? SPSS/PC+V3.O OF COURSE. SPSS is the No. 1 in the "Art of Data Management", a powerful software package available for the IBM PC/XT, PC/AT, PS/2 and compatibles. SPSS PC V.lO, the latest version of the SPSS family, offers
      240 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Economic plan untenable, warns Aquino aide
      485 4 AFP PHILIPPINE President Corazon senior economic advisjpr has warned that the threeǤiar economic programme she to the International Jlenetary Fund (IMF) was publicuntenable and could lead to jpofiticai trouble. undated letter published Pay in the Manila Bulletin, ic Planning Secretary Uonsod said the prodid
      AFP  -  485 words
    • Article
      Philippines strengthens business links with EC
      366 4  -  By AL O LABITA Jr ME PHILIPPINES has begun tightening its business tie-up CSh the European Community to jfroid being boxed out from the k's planned Common Market 4*eme in 1982. Private Development Ibrp of the Philippines (PDCP), Senile's largest private finance Smipany and
      366 words
    • Article
      Lock icon Benazir says Karachi riots aimed at weakening government
      292 4 Reuter PAKISTANI Prime Minister Benazir Bhutto on Sunday denounced ethnic riots in Karachi as a deliberate effort to undermine her government. Ms Bhutto, visiting Pakistan's largest city as the death toll from 10 days of violence rose to 29, said her government
      Reuter  -  292 words
    • Article
      Lock icon Sikh separatists expand council abroad to fight for homeland
      216 4 AFP SIKH MILITANTS have expanded a council of Sikhs living abroad set up to guide and promote internationally their violent campaign for a homeland in northern India, a militant group said in Amritsar on Sunday. The Council of Khalistan, largely inactive
      AFP  -  216 words
    • Article, Illustration
      Lock icon Soviet Union and Japan agree to improve relations
      465 4 AFP THE SOVIET UNION and Japan decided on Sunday to profit from international detente by improving bilateral relations and agreed that the unified European Community should keep its markets open. Japanese Vice-Foreign Minister Takakazu Kuriyama, in a meeting in Tokyo with his
      AFP  -  465 words
    • Article
      Lock icon Paris pressed to reschedule Iraqi debt payments
      461 4 Reuters FRENCH companies eyeing lucrative post-war reconstruction contracts in Iraq are pressing their government to ease conditions for the rescheduling of Baghdad's estimated US$6 billion debt to France. "If the government does not realise that Iraq is potentially the best market in the
      Reuters  -  461 words
    • Article
      Lock icon Call for regional futures exchange in Asean
      331 4 Bernama COMMODITY EXCHANGES in Asean should join together to form an enlarged regional market by the 1990s in order not to be left out with the emergence of several large market groupings, the Malaysian commissioner for commodity trading, Haji Ismail bin Haji Ahmad,
      Bernama  -  331 words
    • Article
      Lock icon Roh postpones referendum on his rule
      167 4 Reuter SOUTH KOREAN President Roh Tae-woo has said that a promised referendum on his record in office would be postponed indefinitely. In a nationally televised statement yesterday, Mr Roh said the "interim assessment", widely expected to be held next month, would not now take
      Reuter  -  167 words
  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      47 4 Doonesbury WHAT IS rr.HONef* THE BOSS'S GAME! HOTOFF THE PRESSES 1 UJMTTDPLM A ROUNP* BY GARRY TRUDEAU UM...UHLL it take LON 6* NOT AT ALL! THE H/HOLE POINT OF THE 6Am IS TO SCORE FAST' ANP YOU CAN PIAYALONG ATHOME! C jotN us, ux*rr TW<r Va isi/;
      47 words
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  • REST OF THE WORLD
    • Article
      Lock icon Botha defies party's efforts to dismiss him
      247 6 Reuter F W DE KLERK'S photograph has replaced PW Botha's on the wall of the ruling National Party (NP) information office in the South African parliament. The problem now facing the increasingly impatient NP is how to effect the change for real in
      Reuter  -  247 words
    • Article
      Lock icon EC and Efta to discuss closer economic ties
      388 6 Reuter EIGHTEEN western European countries will today consider how the six which are not members of the European Community can join in the ambitious plans for economic integration of the 12 EC states. Diplomats said an informal meeting of the 18 foreign
      Reuter  -  388 words
    • Article
      Lock icon French Socialists win in big cities
      237 6 Reuter FRANCE'S Socialists snatched their third electoral victory in a year, wresting control of big cities from conservative parties weakened by continuing support for the far right National Front. Results from Sunday's elections for French town halls showed the ruling Socialists ousting the right
      Reuter  -  237 words
    • Article
      Lock icon UK pressure for release of Mandela
      182 6 AFP THE BRITISH government is putting pressure on the South Africans to release Nelson Mandela, historic leader of the banned African National Congress (ANC). before Prime Minister Margaret Thatcher visits southern Africa at the end of the month, the Sunday Star reported. The optimistic
      AFP  -  182 words
    • Article, Illustration
      Lock icon Bush fights criticism of his administration
      584 6 Government focusing on long-term policy Reuter LESS THAN two months after taking office, US President George Bush has been forced to fight back against charges of disarray in his administration. In a series of speeches designed to dispel complaints that he lacks a policy
      Reuter  -  584 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      874 6 ARRIVALS Operator Sorvic* Local From number Mm* QFA QF72 1135 BKK SU SQ201 1145 CGK GU GA940 1150 Mf S su SQ191 1155 PO* THA TG403 1155 ■KK THA TG407 1205 IKK/HOY GU GA900 1210 PKU MAS MH641 1230 KOI SIA SO 203 1300 CGK SU SQ107
      874 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      191 6 *ws •ma < > i ftM* K"V <iwlL t' 'rr^ M <« K* fak." Now Europe's closer with Thai. Non-stop flights to 8 European cities. Thai has shortened the distance to Europe by around 1000 miles. Because we fly to 8 European cities non-stop from Bangkok. Taking up to 2V2
      191 words
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      Page 6 Advertisements Column 2
      37 6 Th« business person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arming Heathrow early the following morning. CjII your Trarl Agent or Air Cvudi at 7)*****. A BREATH OF FRESH AIR
      37 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      58 6 \sMfijia Mai/ Not* 16/06 Ciaor 10/07 Cloudy 18/10 Cloudy 11/02 Claor 34/23 Sunny 24/17 Smoka 28/10 Claor MOKOw Nassou Now Daihl Now York Nicosia Oslo Pari* Parth Rio 'Janairo Roma Son Frh'co Son Juon Santiago Sao Poulo Sooul Stockholm Sydnoy Tolpai Tokyo Toronto Vancouver Vianno Wonow VA/ j, .KIUJIIjui owiinyion
      58 words
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  • COMMODITIES
    • Article
      KL Tin
      200 7 RENEWED SELLING interest pushed the Kuala Lumpur Tin Market (KLTM) price down five cents to M 524.32 a kg in quiet trading yesterday, traders said. "Consumers are cautious at the moment and a lot depends on (yesterday's) release of the LME stock position," one trader said. After a
      200 words
    • Article
      RAS and MRELB
      258 7 RAS prices In 3 cont»*g, FOB In t»l« NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 205.00 206.00N 205.50 206.50 Irrt 1 RSS Apr 89 205.00 205.SON 205.00 205.50 Int 1 RSS May 204.50 205.50N 205.00 206.00 Int 2 RSS OP 198-50 200.50N 198-50 200JON
      258 words
    • Article
      Lock icon Rise in tin price attributed to supply shortfall
      188 7 AP THE CURRENT SURGE to a four-year record tin price might have been caused by a shortfall in supply. Tin prices on the world market have increased in the past week to about US$9,OOO per ton from last month s average of
      AP  -  188 words
    • Article
      Rubber
      208 7 SINGAPORE: Rubber prices ended lower with April 1 RSS buyer quoted at 205.00 cents a kg yesterday, down 1.50 cents from Friday's finish. Brokers said prices fell 1.50 cents in quiet morning trade on long liquidation and in the absence of new factors. Values were little changed throughout the
      208 words
    • Article
      SSR and SMR
      77 7 (canti/kg) RAS SSt 20 SS# 30 MRELB SMt CV SMt I SMt 5 SMt GP SMt 10 SMt 20 SMt 30 APRIL 1989 (current month) NOON >uyar» Saltan 184.30 186 JON 182.30 184.SON •vyan Saltan 292.00 294.00N 291.00 293.00N 272.00 274.00N 283 OON 263.30 265.50N 262.00 264.OON
      77 words
    • Article
      Lock icon Crude Oil and Products
      166 7 Telerate FUEL OIL PRICES were indicated slightly higher in the Singapore market yesterday. Sentiment was bullish but the volume of trade remained thin. Sellers were using the stronger Simex HSFO future numbers as an excuse to up their price ideas. Buyers, however. had still not moved
      Telerate  -  166 words
    • Article
      Produce Prices
      195 7 Chinese Produce Exchange SoBorV noon doting prtcos on Mof 20 (SI/100 kg) Coconut oil Bulk FOB 108.00 OW drum FOB 118.00 Now drum FOB 122.00 Copra Mliod (IOOM) 65.00 Pepper JoBors Monfok wMto FOB NIW 732.50 Sarawak wMto FOB foq NIW 722.50 Sarawak ipodal block FOB NLW 540.00
      195 words
    • Article
      Precious Metals
      318 7 HONGKONG: GOLD closed slightly firmer in moderate trading yesterday on light buying from local and European investors. Bullion ended at U*****.20/395 70 an ounce against an initial US$394 30/394.70. Saturday's U*****.30/80 close and New York's Friday U*****.50/393.00 finish. Dealers said the market lacked fresh news and metal prices
      318 words
    • Article
      Palm Oil
      243 7 MALAYSIAN crude pelm oil futures closed unchanged from Friday. Brokers said yesterday's trading was extremely quiet and featureless with operators unwilling to take positions amid uncertainty over market direction. In the afternoon, trading was active with March south region quoted at Mf957.50 (seller) against M 5955 00 (buyer)
      243 words
    • Article
      Lock icon KL not revising rice grades yet
      151 7 Bernama THE MALAYSIAN government will withhold the announcement on the launching of the new rice grades as long as rice smuggling still exists. Agriculture Minister Datuk Seri San usi Junid said yesterday. He said the decision on whether the announcement would be made depended
      Bernama  -  151 words
    • Article
      Lock icon China to cut wood imports by 40pc
      130 7 AFP CHINA IS TO REDUCE wood imports by nearly 40 per cent this year as part of its drive to cool its overheated economy. The US$44O million saved will be used to buy advanced technology. China was the world's second largest wood importer
      AFP  -  130 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      186 7 the top. Technology (IT). your e LVy To stay on top of Information Technology (IT), m your employees need systematic t guidance. They can get this through the IBM IT Program for Office Workers, i Pioneered in 1988 together with the National k Productivity Board (NPB) and the National Computer
      186 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1471 8 SINGAPORE: At mid-afternoon yesterday, the US dollar was quoted at D-mark 1.8760/ yen 131.95/ sterling 1.7135/ S$ 1.9400. ending an indecisive session between: D-mark 1.8780/1.8757/ yen 132.10/131.79. sterling 1.7134/1.7108 and S$ 1.9402/1.9393. Friday's unexpected one per cent rise in the US February producer price index put inflation fears
      1,471 words
    • Article
      IMM
      225 8 IMM currency futures finished lower and near daily lows after quiet late trading on Friday. Values firmed near the close but drew no fresh interest after the early drop, on an unexpected one per cent climb in US producer prices last month, and ahead of the weekend. Coordinated central
      225 words
    • Article
      Money markets
      69 8 THE OVERNIGHT RATE on the Singapore money market fell by 1/8 point to close at 4-1/2 per cent yesterday. The one and three-month rates rose 1/8 point while the two-month rate rose by 1/16. S$ Interbank rates at the close yesterday Off* MO Our. nigh. 4 1/3 4
      69 words
    • Article, Illustration
      World interest rates
      198 8 lndlctl#t the iv#fiQfl of the prime lending rilti of 12 majof banks tn S'pore Interbank market rates (offer/bid) on Mar 20 US$ DM SWFC Y«n 7 doyt 0 9 7/9 12 7/9 12 J/4 5 J/4 3 S/9 3 1/2 5 1/4 4 3/9 4 1/2 1
      198 words
    • Article
      Asian dollar market
      258 8 PERIOD Asian dollar deposit rates ended sharply firmer in light trading yesterday. Dealers said news of a one per cent increase in the US February producer price index, sharp falls in US bond prices and market expectations of higher US interest rates contributed to the steep rise
      258 words
    • Article
      Options
      1380 8 CURRENCY FUTURES OPTIONS Monday, Mar 20, 1989 DCUTSCHEMARK (SIMEX) Apr High 88 calls Low 1 ton Apr High 88 pula Low Son 94 M 55 56 57 Jim High 34 10* 2A 88 call* Low 1 36 2 2 Ion 57 1308 Jim High 33A 88 puli Low 55
      1,380 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      155 8 THE ART OF PATEK PHILIPPE GENEVE !S! >7& i TEMPS SJDERAL gQUAJTQ^ 1% For sale by auction: The ultimate watch It ranks among the great human exploits of this century. The Patek Philippe Calibre 89 —the most complicated mechanical uatch ever made took nine wars to build. The ultimate timepiece
      155 words
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  • BANKING AND FINANCE
    • Article
      Cover against theft and burglary
      684 9  -  Vmm cm<m.L by PAUL FRANKLAND WHEN IS A BURGLAR not merely a thief? As far as insurers are concerned, when he breaks into a building to steal something. A common or garden thief, on the other hand, might simply pick something up and walk away
      684 words
    • Article
      Government Securities Market
      104 9 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO OfFER HIGH LOW 3 months BQ*****W 15.06.89 3.47 3.42 3.56 3.43 6 months BS*****N 17.08.89 3.76 3.71 3.73 3.71 1 year BY*****H 23.11.89 3.86 3.81 3.84 3.84 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
      104 words
    • Article
      Dresea reports 13pc rise in after-tax profit
      415 9  -  By QUAK HIANG WHAI WEST GERMAN merchant bank Oresdner (South East Asia) Limited yesterday reported a 13-per-cent rise in after-tax profit to $25.7 million for its 1988 financial year. The chairman of the locallyincorporated merchant bank. Or Christoph von der Decken, said this
      415 words
    • Article
      Lock icon Swiss banks chided for not backing plans
      263 9 Reuter A TOP BANKING official has criticised Swiss banks for their reluctance to back plans for tighter banking laws in the wake of a drugs- and money-laundering scandal that forced the Swiss Justice Minister out of government. Hermann Bodenmann, president of the Swiss
      Reuter  -  263 words
    • Article
      Simex
      472 9 JUNE EURODOLLAR futures yesterday opened sharply lower than Friday's Simex close at 88.99 following a larger-than-expected one per cent rise in US February producer prices index which spurred fears the Federal Reserve may tighten credit policy. Trading was cautious ahead of today's consumer price index. The June contract ranged
      472 words
    • Article, Illustration
      Lock icon KL seeks to write down equity of three firms
      403 9 Ailing financial institutions to be restructured Reuter MALAYSIA'S central bank, Bank Negara, is seeking a court order to reduce the par value of shares in two finance companies and a bank to as little as one Malaysian cent, bank officials in
      Reuter  -  403 words
    • Article
      Lock icon Mulford details plan for Third World debt
      289 9 UPI US ASSISTANT Treasury Secretary David C Mulford outlined on Sunday the US administration's "Brady Plan"' for the Third World foreign debt, a day before the opening of a board meeting of the Inter-American Development Bank in Amsterdam. Dutch Finance Minister Onno Ruding,
      UPI  -  289 words
    • Article
      Lock icon Bill on commodity commission might be delayed
      219 9 Reuter THE CHAIRMAN of the House Agriculture subcommittee with jurisdiction over futures regulation said a bill to overhaul the Commodity Futures Trading Commission (CFTC) might be delayed. Republican Glenn English, chairman of the House Agriculture Subcommittee on Conservation, Credit and Rural Development, told
      Reuter  -  219 words
    • Article
      Lock icon New chief for troubled BNZ
      71 9 Reuter LINDSAY PYNE will succeed Bob McCay as the Bank of New Zealand's group chief executive. Mr Pyne, 39, is currently chief executive of Post Office Bank Ltd. He will take up his post on May 1. The troubled bank, which is 04 per cent
      Reuter  -  71 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      100 9 B Y FOR SALE AUCTION THE PRESIDENT HOTEL AND SHOPPING CENTRE T To be held on Tuesday, 21 March 1989 ZJflii 2nd level, Dynasty Hotel Orchard Road, Singapore. Freehold hotel shopping complex 5-storey podium block with approximately 51,000 sq ft of shops Car park for 332 vehicles Unique Y-shaped 16-storey
      100 words
    • Advertisement
      Page 9 Advertisements Column 2
      234 9 V4w THE MONETARY AUTHORITY OF SINGAPORE SINGAPORE GOVERNMENT OFFERING OF TAXABLE BOOK-ENTRY BONDS TO THE PUBLIC AMOUNT OFFERED ISSUE CODE ISSUE DATE MATURITY DATE INTEREST RATE PRICE INTEREST PAYMENT DATES FIRST INT PAYMENT DATE MIN DENOMINATION AVAILABLE METHOD OF SALE COMPETITIVE APPLICATIONS NON-COMPETITIVE APPLICATIONS ACCRUED INT PAYABLE BY INVESTOR CLOSING
      234 words
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  • PERSPECTIVE
    • Article
      Continuity a must for growth
      480 10 IF THE PHILIPPINES is to succeed In becoming a newly industrialising economy (NIE) by the year 2000, it will need more than just brilliant economic plans. It will need political continuity no less than political stability. In this context, President Corazon Aquino's repeated statements that
      480 words
    • Article, Illustration
      Friends of the well-wheeled
      2243 10  -  To status-conscious Singaporeans, owning a flashy set of wheels is a sure way to validate their business success. Car distributors are manoeuvring themselves into the more lucrative segments of Singapore's limited car market, writes Lim Soon Neo. Lim Soon Neo FOR THE ORDINARY Singaporean, one wife,
      2,243 words
    • Article, Illustration
      New Zealand: opening up to imported competition
      650 10  -  By SELWYN PARKER CUSTOMER LOYALTY is now dead in New Zealand, as the new flood of Asian imports has easily proved. If it's cheaper and the quality is just as good as the domestic product, New Zealanders will buy it. That nose for
      650 words
    • Article, Illustration
      HK's nationalists lower the flags
      750 11 THE CURTAIN is about to fall on one of the sideshows of the Chinese Revolution. Hongkong's lingering nationalist stronghold, subsidised by Taiwan for 40 years, is preparing to lower the flag before being razed for redevelopment. The stronghold, a village that was created by the
      750 words
    • REGIONAL VIEWPOINTS
      • Article
        Leaving room for a view
        187 11 Our weekly summary of what regional publications have to say about issues of international interest. HONGKONG "THE SKY should not be the limit for Hongkong property developers. Government city planners have recently suggested setting a 220-metre ceiling for high-rise buildings. This has prompted some real
        187 words
      • Article
        Time to seize the centre
        202 11 JAPAN "BY ANY MEASURE, the Recruit scandal has achieved the unhappy reputation of being the most serious outbreak of political corruption this nation has witnessed since the Lockheed affair of the *****. All three pillars of Japan s political establishment the ruling party, the bureaucracy
        202 words
      • Article
        A crucial profession
        158 11 MALAYSIA "THE FIGURES look simple enough. The ratio of medical doctors to the population is now 1:2,900; the government target for next year is 1:2,300. The country needs up to 1,500 doctors to fulfil the target figure. But the task is really getting near the target ratio.
        158 words
      • Article
        Kindle voter interest
        192 11 HONGKONG "FOLLOWING the very disappointing voter turnout in the municipal elections, the government should consider a general polling day for all elections in the territory. The clear signal from the public was that elections at the level of those held last week for the Urban Council and
        192 words
    • Article
      Lock icon US policy towards Japan: poorly coordinated, defined
      1554 11  -  Washington's Japan policy is confused and uncoordinated, say many US officials. The US desperately needs a centralised command-and-control structure to coordinate its dealings with Japan into one overarching strategy. By ROBERT PEAR NYT UNITED STATES policy towards Japan is so confused and uncoordinated
      NYT  -  1,554 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      172 10 When in Britain, relv on Tern Rent-a-Car X Wide choice from Fiesta to Mercedes X 18 rental outlets in Britain X Attractive weekly rates from £101.50 (VAT included). Up to 20% discount for longer rentals. X Computerised route information with mileage X Member of the Inchcape Group 4 1 or
      172 words
  • Page 10 Miscellaneous
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      119 11 <?0 king THEIR PHONES ft n«^G IWEN'T q\HO STOPPED q\N G Vo m.mmß king lNg The effectiveness of advertising in Business Times has been proven yet again. Mr Mo Xiao Hui and Mr Albert Adam of M V Marketing Pte Ltd jointly placed an advertisement in the Business Times on
      119 words
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  • LEISURE
    • Article, Illustration
      Lock icon The Eiffel Tower celebrates its centenary
      858 12 ANNIVERSARY AP THE CITY OF LIGHT evokes numerous vivid images lovers, springtime, chestnut blossoms but none are more enduring than the Eiffel Tower, which turns 100 years old this month. The tower, built by Alexandre Oustsve Eiffel, was not always •o popular. Back in
      AP  -  858 words
    • Article
      Lock icon Sidney Pollack plans film on Cuba
      269 13 Agencies OSCAR-WINNING American director Sidney Pollack says he is planning to film a love story set in the turmoil of Cuba a week before the triumph of its 1959 revolution. The director of Out of Africa and Tootsie is in Havana at the invitation
      Agencies  -  269 words
    • Article, Illustration
      Lock icon Greenhouse effect could damage cities
      496 13 environment AP LARGE PARTS of historic Amsterdam may have to be demolished in the next few decades because of structural damage caused by the "greenhouse effect", s Dutch government-commissioned study has warned. The gradual warming of the earth's atmosphere also may cause flooding in Venice,
      AP  -  496 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      291 12 Where to entertain. ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COCRSKS. PALM «it For between $26++ and $40+ y° ucan se ect fr° m our appetiser CjKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish
      291 words
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      Page 12 Advertisements Column 2
      139 12 Try Something Malaysian Style "HIGH TEA" From three to six every afternoon your choice of! 5 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.(l)-6.()0pm Venue: Dondang Sayang tali w llUca iiofnrrescrvai*)n /U\
      139 words
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      Page 12 Advertisements Column 3
      231 12 li.l.'.'.fVi.l.TX ERNIE WATTS I r*Crystal Ballroom Hyatt Regency Singapore Wednesday, 22 March 1989 Gala Concert J3snett per person. (Limited premiere seats at |40nett) Concert starts promptly at 8 00 pm Thursday, 23 March 1989 Dinner Concert $75nett per person Dinner time 8.00 pm Conceit 9.30 pm sharp TicktU availabU at
      231 words
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      Page 12 Advertisements Column 4
      183 12 M 4 .4\V THE MANILA STRIKERS The Strikers hit the streets nightly Mondays to Saturdays from 9pm onwards IVORY Uv 14 vortex of sight, sound and sheer imagery *r fcH s a--3 5 NO COVER CHARGE Sun to Thu Fri, Sat Eve of Pub. Hoi: Ist Drink $18.00* Showtime: 11.30pm
      183 words
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      Page 12 Advertisements Column 5
      158 12 ixtl 1 1 o a i: a Faster funlanD &$i s»— y ni r FEATURING TWO VERV iCUIjfJIWiLIiViS'Jk G3 WHO PROMISE TO DAZZLE WITH aLii LU AIRWAVES v.N *i 3 i ZODIAC r \A |k \J MH (12 noon to Bpm) $4++ for a draufttbeeror Anchor beer Watch out for
      158 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      173 13 f, f Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties Located on the 2nd floor Open 12 noon to 3 pm 6.30 pm to 11 pm Centurv Park Sheraton Singapore 1 16 Nassim Mil Smgopo»e 1025
      173 words
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      Page 13 Advertisements Column 2
      47 13 s-X r»BV-'SHEO e I QUALITY GUARANTEtO 431 vol FINEST SCOTCH WHISKY BLENDED a BOTTLED BV AaZ/aJi/t/tf 6r c4ort. l£u/uted C/)a/i//m —^Dui/iAarfott. c&of/ttru/ PKOOUCI OF SCOTLAND 01 MfOT AW ALIKO WALKER 0lS T ll«J'0«S SOBIHO SO JUAN ftHCHAIA HTiUNG JAM MAUTSU I 7M f/L Z THE SUPERB SCOTCH
      47 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      682 13 CRYPTIC PUZZLE ACROSS 3 Grub for the trip East (5) 8 She has a heavenly body (5) 10 Get together with right friend (5) 11 Students paper? (3) 12 As worn by a sailor in a blow? (5) 13 Dog that can get longer when decapitated! (7) 15 Anne's brew
      682 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1343 13 TV and RADIO Racism in a small town X w SI rj OUR CHOICE EVIL IN CLEAR RIVER, Channel 5, •10.30pm Hiflh school teacher and mayor Peter Suvak wins all the popularity contests in the small town of Clear River in Canada, but that doesn't fool the mother of one
      1,343 words
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  • SPORTS
    • Article
      Computerised ranking system in the works for local tennis circuit
      412 14  -  TENNIS By CHARLES SAVAGE A NATIONAL computer ranking system is being developed by the Singapore Lawn Tennis Association (SLTA) and Bjorn Borg Sports Marketing (BBSM). The system will use three criteria size of tournaments (draw), prize money, and quality of
      412 words
    • Article, Illustration
      Mecir sinks Noah in thrilling comeback win
      395 14 SEVENTH-SEEDED Miloslav Mecir of Czechoslovakia, pounded by 14 aces in the first two sets, rallied to beat No. 12 Yannick Noah of France 3-6, 2-6, 6-1, 6-2, 6-3 last Sunday in the finals of the U*****,500 Champions Cup tournament in Indian Wells, California.
      395 words
    • Article
      Lock icon Graf defeats Evert to stay unbeaten
      405 14 AP STEFFI GRAF, the world's topranked woman player, remained unbeaten this year by rallying to beat Chris Evert 4-6, 6-2, 6-3 last Sunday to win the US$3OO,OOO Virginia Slims of Florida. It was the 19-year-old West German's 22nd straight match victory this year and
      AP  -  405 words
    • Article
      Lock icon Warm tribute on ice for Witt
      77 14 ICE SKATING AP KATARINA WITT returned to the ice last Sunday to receive an award from the International Skating Union at the world figure skating championships in Paris. The two-time Olympic and fourtime world champion from East Germany was honoured for her contributions to
      AP  -  77 words
    • Article
      Lock icon Knicks regain three-point touch
      465 14 BASKETBALL UPI THE NEW YORK KNICKS, the leading three-point shooting team in the US National Basketball Association, rediscovered their long-range touch last Sunday against a weary Milwaukee Bucks squad. Kiki Vandeweghe scored 20 points and the Knicks connected on eight of 15 shots from three-point range,
      UPI  -  465 words
    • Article
      Lock icon AIBA cracks down on Olympic offenders
      263 14 BOXING AP THE INTERNATIONAL Amateur Boxing Association has levied two-year suspensions against five judges and referees for violations of rules and five South Korean boxers and officials for a brawl during the last year's Olympic Games. Thirteen other officials, also accused of not officiating
      AP  -  263 words
    • Article, Illustration
      Lock icon Kite soars to second straight championship title
      403 14 GOLF AFP TOM KITE built himself a threeshot lead midway through the final round of the US$l.35 million Players Championship in Florida last Sunday, then held on to win his second consecutive tournament. Kite, who edged Davis Love 111 in a play-off at
      AFP  -  403 words
    • Article
      Lock icon A day of revenge and victory for young Englishman
      250 14 AFP ENGLAND'S Mark Roe staged a brilliant fightback after a disastrous opening nine holes to win the Massimo Dutti Catalan Open in Pals, Spain, last Sunday for his first European tour title. The 26-year-old finished one shot ahead of Gordon Brand
      AFP  -  250 words
    • Article
      Lock icon American pride at stake in Ryder Cup
      486 14 AP AMERICAN professional golf has reached the big-money era, with almost half the tournaments on the PGA schedule offering US$l million or more in prize money. But the one tournament most of the pros want to get into this year is a no-pay
      AP  -  486 words
    • Article, Illustration
      Lock icon Steroid scandal: the story thus far ...
      641 14 Steroid scandal: the story thus far ATHLETICS AP BEN JOHNSON is still weeks away from the witness stand, but other witnesses at the Canadian hearings resulting from his Olympic disqualification have already described widespread abuse of banned performanceenhancing drugs by elite athletes. Two of Johnson's closest associates have testified that
      AP  -  641 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon How long can MUI keep mum about those big share sales?
      572 15 w<ym^ By HOCK LOCK SIEW IT TAKES just over an hour to fly from Penang to Singapore. Yet information about changes in shareholdings in Malaysian companies takes up to two weeks to be publicised. After so much activity recently
      By HOCK LOCK SIEW  -  572 words
    • Article
      Lock icon MMC profit jumps by 41 pc to M$71m
      147 15 Bernama MALAYSIA Mining Corporation Bhd (MMC) chalked up a higher group pre-tax profit of M 571.44 million for the year ended Jan 31. 1989, up 41.5 per cent from the previous corresponding period. According to a company statement, turnover rose 22.7 per
      Bernama  -  147 words
    • Article
      Trading hit by computer breakdown
      337 15  -  By ANDREA BORCH THE STOCK EXCHANGE of Singapore suspended trading yesterday morning for about two hours after the computer link between six broking firms and the SES did not come on. As a result, the SES extended trading until 6.30pm. Half an hour after the
      337 words
    • Article, Illustration
      Preliminary hearings end
      159 15  -  Insider Uroding trial ALLAN NG AFTER a record 67 days of preliminary hearings into the insider trading trial of businessman Allan Ng. both prosecution and defence have finally concluded their legal arguments. Next Tuesday, Senior District Judge E C Foenander will decide whether the prosecution has made
      159 words
    • Article
      Lock icon Samanda's unit to make metallised film products
      223 15 Bernama GENERAL Aluminium Works (M) Bhd, a subsidiary of Samanda Holdings Bhd, is going into the manufacturing and marketing of metallised film products by setting up a Ms 4 million plant in Taiping. Samanda's managing director Ngan Ching Wen said yesterday the new
      Bernama  -  223 words
    • Article
      Lock icon Call to back Tractors deal
      139 15 Bernama TRACTORS MALAYSIA Holdings Bhd's proposed acquisition of a piece of freehold land strategically located next to Wisma Tractor is a good long-term investment, shareholders were told in Kuala Lumpur yesterday. Tan Sri Chong Hon Nyan, on behalf of independent directors, said in a circular
      Bernama  -  139 words
    • Article
      UIC turns in record $70.4 million profit
      557 15  -  By KEVIN GWEE A MASSIVE $55 million capital gain from the sale of United Industrial Corporation's 51 per cent stake in First Capital Corporation Ltd gave the group its best ever profit at the attributable level after extraordinary gain. The detergent and property
      557 words
    • Article, Illustration
      Lock icon US court order blocks Semi-Tech bid for SSMC
      355 15 NST INTER-PACIFIC Acquisition Corp, a subsidiary of Berjaya Corporation (M) Bhd, has obtained a US Federal Court order restraining Semi-Tech Microelectronics from completing its US$34 per share tender offer for US-based SSMC Inc. The restraining order, obtained last Friday, is pending a
      NST  -  355 words
    • Article, Illustration
      Lock icon Shell's net income after tax dips by 3pc
      309 15 Bernama SHELL Refining Company (FOM) Bhd has reported an operating pre-tax profit of M $56.1 million for 1968, down by 23.1 per cent from the $72.95 million in 1967. Chairman Or Mark Moody-Stuart said that the company's turnover declined by 4 per
      Bernama  -  309 words
    • SES
      • Article, Illustration
        Analysts not too concerned over market's 18-point fall
        780 16  -  By ANDREA BORCH DEALERS and analysts yesterday did not express too much concern over the local market s 18-point fall, which accompanied falls in regional markets and New York's 49-point plunge on Friday. "We've had such excellent trading these past few days
        780 words
      • Article
        COMPANY MEETINGS
        143 16 VAN DER HOR3T: 15th AGM held at 11, Padan Crescent. Singapore 0512 on Thursday, March 23, at 10 am. SAMANDA HOLDINGS BERHAO: 17th AGM at 10th Floor, Wisma Central, Jalan Ampang, ***** Kuala Lumpur on Friday, March 24, at 10 am. THE WILKINSON PROCESS RUBBER COMPANY BERHAO: 57th
        143 words
      • Article
        Unit trusts
        322 16 Managers' prices (JOB Mam □gement for March 21 Unifund 1055 1 066 Singapore Unit Trust Tho Commerce 105 I II unioooa* 101 MARA-Bumiputra Tho Savings Fund 0 89 094* first B putro 7 07 7.12 S'poro Prog Fund 0.41 045 Socond B'putro 609 6.14 S'pof* Soc Fund Oil
        322 words
      • Article
        APPROVED ISSUES
        117 16 Company RIGHTS ISSUE 0 C Bank On# lor lwo $0 75 per share E*-date March 9 Books close March 23 George Town Three-(or two $1 00 per shore Ex-dote March 13 Books close: March 28 Acceptance Payment May 12 Inno-Pacific Three for two $1 30 per share with
        117 words
      • Article
        PROPOSED ISSUES
        313 16 Company RIGHTS ISSUE Ayer Hitom Tin One-for-one $1 10 per share Berjaya Corpn One-for-on* $1 00 por per shore C 1 Holdings 27 million loon stocks in the ratio of $3 loon stock for every five ordmory shores held Causeway Inv Issue of $7,252,937 nominal amount of 6%
        313 words
    • Article
      SES SHARE INFORMATION
      5859 16 1988/89 Tel Hl h Low Cod* Company SECTION ONE Last Sale +orMAR 20 Vol (000) Hlg Day h Low Last Quota Buyer Seller Gr's Dl* Dtv Cvr Ore Y'ld Nat P/E M Cap Imll INDUSTRIAL COMMERCIAL 162 85 260 167 135 460 238 350 132 167 177
      5,859 words
    • KLSE
      • Article, Illustration
        Widespread losses on KLSE
        3380 17 SHARE prices reeled back under selling pressure which led to widespread losses on the Kuala Lumpur stock market yesterday. The weak trading waa in line with retreats on other world bourses. Sellers were prompted by the hefty 46.57-point drop on Wall Street last Friday. This followed
        3,380 words
    • REGIONAL MARKETS
      • Article
        Jardine Matheson net profit up 42pc
        483 18  -  Results cushion its fall as market plunges By FOO CHOY PENG, Hongkong Correspondent THE RELEASE of a healthy set of financial results by Jardine Matheson Holdings yesterday helped it to cushion the impact of the selling wave on the Hongkong bourse. While the Hang
        483 words
      • Article
        Lock icon ANA stake
        61 18 Reuter ALL NIPPON Airways Co Ltd (ANA) will buy a 3.5 per cent stake in Australian Airlines (AUA) for about 1.7 billion yen (US$l3 million). ANA hopes to expand its European routes and services through the capital tie-up and will buy 77,000 shares of AUA's total 2.2 million
        Reuter  -  61 words
      • Article
        Lock icon Equiticorp gets four bids for NZ Steel stake
        128 18 Reuter THE STATUTORY receiver for Equiticorp International pic, Mr Fred Watson, said four bids have been received for Equiticorp's 80 per cent stake in New Zealand Steel Ltd. Mr Watson said negotiations had begun and a sale is expected to be concluded
        Reuter  -  128 words
      • Article
        Lock icon Indian press in takeover debate
        763 18 NYT ONE OF INDIA'S oldest, largest and most influential newspaper companies is being denounced for buying a substantial share of another newspaper. Editors and owners of other publications fear a takeover bid. That, in turn, could set a precedent for other big companies, some in
        NYT  -  763 words
      • Article, Illustration
        Lock icon Big plunge in prices
        592 18 Tokyo Reuter TOKYO share prices closed yesterday with the biggest fall this year following a dive in Wall Street prices last Friday that was its sharpest since April 14. 1988. The US fall came after news that February producer prices rose by almost double expectation, brokers
        Reuter  -  592 words
      • Article, Illustration
        Lock icon Stocks end lower
        560 18 Australia Reuter AUSTRALIAN stocks yesterday closed above their lows for the day as fears of an interest rate rise in Japan diminished, brokers said. They noted that buying in key resource stocks and options helped the market to stabilise after it plunged almost 15 points in volatile
        Reuter  -  560 words
      • Article, Illustration
        Hang Seng Index falls 90 points
        1363 18 Hongkong THE Hang Seng Index dived 90.21 points to 3.046.73 while the Hong Kong Index plummeted 59.94 points to 2,015.34 yesterday in the Hongkong markets nervous response to the latest sharp falls on Wall Street and in Tokyo. The loss was the Hang Seng's
        1,363 words
      • Article
        Lock icon Taipei: Sharply lower
        556 18 Reuter TAIWAN'S stock index closed sharply lower yesterday on investor fears that higher interest rates for postal savings accounts would affect market liquidity, dealers said. The weighted index fell 259.26 points, or 3.5 per cent, to end at 7,087.83 against Saturday's 7,347.09 close. Turnover rose to NT$4B.4
        Reuter  -  556 words
      • Article
        Lock icon Seoul: Bullish trade
        166 18 Reuter THE SEOUL stock market's composite index rose in bullish morning trade yesterday to the brink of the 1,000-point barrier, brokers said. The index at the close of the morning session stood at 996.52 points, surpassing the high point of 997.05 reached at noon on Friday. The
        Reuter  -  166 words
      • Article
        Bangkok
        128 18 MAN 20 Ao Kham Thai Ayudhya Invaatment Bangkok Agro-lnd AMT 414 36 50 ue 275 Ml? •14 -1 75 -7 uncfi Poet Publishing Saha Union Siam Cement Siam City Cement 256 3096 1628 -a unch -32 504 A Chmroong Thai Wlr« CaM« 117 •12 Siam Food Products Singer Thailand
        128 words
    • INTERNATIONAL COMPANY NEWS
      • Article, Illustration
        Lock icon US retailer and Isetan to combine forces
        664 19 Stores will open under the Barneys name NYT IN AN unusual international agreement. Barneys New York and the Isetan Co, one of Japan's largest retailers, announced over the weekend a venture in which stores would be opened in the United States, Japan and
        NYT  -  664 words
      • Article
        Lock icon Marriage of American Express and LA Style working for both
        780 19 NYT IT SEEMED an odd combination at the time: staid American Express acquiring trendy LA Style magazine. But in a huge market that still offers few ways to reach young consumers with thousands to spend on everything from makeup to
        NYT  -  780 words
      • Article
        Selected indices
        114 19 HONGKONG Hongkong Index Mondoy 2.015.34 Friday *****6 W»efc ogo 2.000 64 Hang Seng Index Monday 3.***** Friday 3.136.94 W««k ogo 3.029 89 TOKYO Nikkei Average Monday *****® Friday 32.***** W~t ogo 31.552 96 TOPIX Monday 2.***** Friday 2.***** W*«k 090 2,392 89 SYDNEY All Ordinaries Monday j-jgj fridOV
        114 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        265 19 Reuter SHARES opened lower on major European bourses yesterday after stocks in Tokyo suffered their biggest one-day drop so far this year. The fall in Tokyo followed a dive in Wall Street prices on Friday due to rekindled fears of rising inflation and the prospect of higher
        Reuter  -  265 words
      • Article
        Lock icon ITC orders stop to infringement of Intel's patents
        105 19 NYT THE INTERNATIONAL Trade Commission has determined that Intel patents named in a 1967 complaint by the company are valid and have been infringed upon, said Intel Corp. The US commission has issued an order preventing the import of Erasable Programmable Read-only
        NYT  -  105 words
      • Article
        Lock icon Trade commission probing Topper's Emhart bid
        111 19 NYT THE US Federal Trade Commission is investigating whether Topper LP. a group consisting of Gordon P Getty and the Fisher family of New York, violated federal anti-trust laws in connection with their unsolicited US$2.4 billion bid for the Emhart Corp, a diversified tool
        NYT  -  111 words
    • Article
      Consultants on how to prevent use of CPF as a tax shelter
      598 20  -  Possible alternatives to Finance Minister's approach By WILLIAM CHIA SEVERAL tax consultants have suggested other methods of preventing high wage earners from abusing the CPF scheme for tax purposes than the one proposed by the Government. One is
      598 words
    • Article
      Lock icon US-Latin America accord on new type of loan
      162 20 AFP THE US and major Latin American countries reached an agreement in Amsterdam on Sunday enabling the Inter-American Development Bank (IOB) to grant a new type of loan. A bank official said the agreement covered the replenishment of IDB resources which will
      AFP  -  162 words
    • Article
      HK residents against importing labour
      318 20  -  By FOO CHOY PENG, Hongkong Correspondent TWO IN THREE Hongkong residents are against the import of labour to ease the current acute labour shortage, according to a survey. The resistance to recent calls to the government to open the doors wider to foreign workers is
      318 words
    • Article
      Lock icon Manila to seek debt cut following IMF accord
      506 20 AFP THE PHILIPPINES will seek debt reduction and new money from commercial banks following talks with the International Monetary Fund (IMF) and the unveiling of a new US debt plan. Finance Secretary Vicente Jayme said in Manila yesterday that prospects for debt
      AFP  -  506 words
    • Article
      Banking & Finance
      116 20 Banking Finance A special BT supplement BUSINESS TIMES will be publishing its annual Banking and Finance Supplement on May 4, 1989. This year's supplement takes on the theme: Singapore's financial supermarket 21 years of growth. The emergence of Singapore as a financial centre really began in 1968 when the Asian
      116 words
    • Article
      Lock icon NZ govt to give answers on taxation and spending
      288 20 AFP THE New Zealand government yesterday promised to provide "answers and certainty" to questions over tax hikes and spending cuts in a special statement to Parliament. Finance Minister David Caygill told reporters in Wellington that his first Budget statement in his
      AFP  -  288 words
    • Article
      Lock icon Panic buying in Nepal
      458 20 AFP RESIDENTS of Kathmandu were scrambling yesterday to buy kerosene and rock salt as vehicles waited in long queues for petrol ahead of India's unilateral move to terminate trade and transit treaties on March 23. India decided on March 1 to withdraw preferential market facilities previously
      AFP  -  458 words
    • Article, Illustration
      Lock icon Li Peng calls for better use of forex and tighter debt control
      440 20 Reuter CHINA'S PREMIER Li Peng has called (or better use of the state's limited foreign exchange and for tighter control of its rising foreign debt. The country also needs at least two more years of austerity to cure
      Reuter  -  440 words
    • Article
      Lock icon Deng requests leave of absence from Congress
      154 20 Reuter CHINA'S senior leader Deng Xiaoping was surprisingly missing from the opening session of Parliament yesterday and a National People's Congress spokesman said he had asked for leave of absence. An empty seat next to President Yang Shangkun on the podium of the
      Reuter  -  154 words
    • Article
      Lock icon Malaysia plans to tap market for 30 billion yen
      184 20 AFP, Bernama THE MALAYSIAN GOVERNMENT is in the midst of negotiations to raise a 30 billion yen (US$232 million) bond issue. Sources in Kuala Lumpur said yesterday that rates ot the 10-year samurai bond issue were being worked out and the
      AFP,; Bernama  -  184 words
    • LATE FILE
      • Article
        Lock icon UK money supply up, loans down
        71 20 AFP THE BANK of England reported yesterday that the broadbased M 4 money supply jumped by 1.9 per cent in February from January, seasonally corrected, against a rise of 0.7 per cent in January from the month before. But bank lending, also on the
        AFP  -  71 words
      • Article
        Lock icon China to build refinery in Dubai
        63 20 Reuter CHINESE Vice-premier Tian Jiyun has given the go-ahead for China to build a large petrochemical plant in Dubai's Jebel Ali free trade zone. Chinese embassy officials in Dubai said a team would visit the emirate to discuss the scheme, details of which had
        Reuter  -  63 words
      • Article
        Lock icon Hanoi moves to protect patents
        54 20 Reuter VIETNAM has issued rules protecting industrial patents as part of reforms designed to spur economic growth and attract foreign technology. The rules allow organisations and individuals foreign and Vietnamese to go to court to defend ownership of inventions and trade marks, Communist Party newspaper
        Reuter  -  54 words
      • Article
        Lock icon Filipino envoy switched to KL
        69 20 AFP THE MALAYSIAN government has accepted Rodolfo Severino as the new Philippine ambassador to Kuala Lumpur, the Department of Foreign Affairs said in Manila yesterday. Mr Severino was originally nominated as envoy to Beijing, but Filipino legislators withheld his appointment, accusing him of spying on
        AFP  -  69 words
      • Article
        Lock icon Rightists claim victory
        51 20 AFP ALFREDO Cristiani, leader of the right-wing Nationalist Republican Alliance, haa claimed victory in El Salvador's presidential elections held amid attacks by leftist guerillas bent on disrupting the vote. At least 16 people, including three journalists, were killed in violence that kept voter turnout low on Sunday.
        AFP  -  51 words
      • Article
        Lock icon 4 more to be tried for Indira killing
        50 20 Reuter FOUR MORE people will be tried in connection with the 1984 assassination of Indian Prime Minister Indira Gandhi, Press Trust of India reported. It said official sources would not disclose their names, including two said to be already in custody. Reuter
        Reuter  -  50 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      332 15 AUSTRALIA NEW ZEALAND Experts in business and investment opportunities in both countries. Consultants will be in Singapore on 31st March 1989 to 4th April 1989 to offer individual confidential advice. Please contact EASTASIA MANAGEMENT CONSULTANTS PTE LTD TEL: *****16 for information and appointment. Notice to Noteholders Notice is hereby given
      332 words
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      Page 15 Advertisements Column 2
      194 15 Financial Newsmakers STEAMERS MARITIME HOLDINGS LIMITED (Incorporated in the Republic of Singapore) PUBLIC INVITATION IN RESPECT OF 25,200,000 SHARES OF $0.20 EACH AT $1.20 PER SHARE The Directors of Steamers Maritime Holdings Limited ("Steamers") are pleased to announce that the public invitation for the shares in Steamers was 30 times
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  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      36 15 [amm CM/ 7J/f <&/&£ wo'u- /tMotsA&x/r A/£fr//>j£G£>C&rs t/ocj &&/r? #/&//r<z. aA/0 A */<£ fp££*o/?ofi/, fjt/ 4/uv£o. eir^S. by Martell O/tLaty— A/O*S, 7Z? 3o>*>/*/&5. rf//6 /*&es//v& r &&rA// /O*4:A CC&fVOO CA*/. J' /OW, (Z.0.-Z //£*&> /xoc>or /r jvsr/*oi*s r&CM V2?S
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      449 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ENGINEERING MATERIALS EQUIPMENT PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the members of
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      Page 18 Advertisements Column 2
      481 18 THE COMPANIES ACT CHAPTER 50 SECTION 290 (2Kb) NOTICE OF RESOLUTION HKS COURIERS (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of HKS COURIERS (SINGAPORE) PTE LTD held on the 13th day of March 1989, the following special resolutions were duly passed: RESOLVED: (1) That the
      481 words
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      Page 18 Advertisements Column 3
      45 18 r E i j-i S INA ON •The China connection doing business in the Middle Kingdom •A traveller's tale outlook for tourism Meet an extraordinary entrepreneur Fast woks through streets o! London Working 9 to 9 Spotlight on Shangri-La, Bousteadco MARCH 1989 NOW AT NEWSSTANDS
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      624 19 w DBS LAND DBS LAND UD (Incorporated m the Republc of Singapore) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1968 The Board of Directors of DBS Land Ltd are pleased to announce that the audited results of the DBS Land Group for the year ended 31 December 1988 are
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      209 20 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens, 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 luxury
      209 words
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      Page 20 Advertisements Column 2
      8 20 Economic plan untsnsbls, warns Aquino aids, PAGE 4
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      Page 20 Advertisements Column 3
      87 20 Why bring your guests to visit Sentosa and have seafood elsewhere? Now you can visit Sentosa and have seafood at the same time at: fcfclC *r< KEIXXNG FLOATING SEAFOOD RESTAURANT We Serve Singapore's famous seafood, Thai chilli crab, Indian curry fish head We pay for your ferry ticket if you
      87 words
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  • SHIPPING TIMES
    • Article
      Container throughput at PSA up by 43 per cent
      429 21  -  By JEAN FOONG CONTAINER throughput handled by the Port of Singapore Authority rose 42.9 per cent to 341,192 TEUs in January this year compared with the same month in 1988. This represents a strong increase compared with the corresponding growth of
      429 words
    • Article
      Shipping supplement
      77 21 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 conference, SingaPort 89 Asia's premier event for the global maritime
      77 words
    • Article
      Port of Singapore Authority to celebrate Silver Jubilee
      292 21 THE PORT of Singapore Authority will launch its Silver Jubilee celebrations on April 3, when work starts on the new container terminal at Pulau Brani. Or Yeo Ning Hong, Minister for Communications and Information, will be guest-of-honour at the opening ceremony of
      292 words
    • Article
      NFF terminates waterside labour agreement
      391 21 THE TERMINATION of a waterside labour agreement in which 40 minutes of work by four watersiders in Mackay cost grain growers well over Aslo,ooo is a major stepping stone in a campaign to cut waterfront costs, according to the National Farmers' Federation (NFF). NFF Directors
      391 words
    • Article
      Lock icon DSR Lines in talks to establish joint service to Mediterranean
      391 22 Lloyd's List DSR Lines, the East German state-owned carrier, is negotiating the creation of a joint service container consortium to the Mediterranean. The lines it is negotiating with include DNOL in Hamburg, Contship and Ellermann. DSR currently operates its type
      Lloyd's List  -  391 words
    • Article
      Lock icon Bright outlook for offshore oil ships
      111 22 Reuter TIDEWATER INC chairman John Labourde said the firm will show its first profit since 1985 in the first quarter of its fiscal 1989, starting April, because of good demand for offshore oil vessels. "The industry will see demand exceeding supply in the not
      Reuter  -  111 words
    • Article
      INDEX TO ADVERTISERS
      771 22 AB Shpg V 5 line Fast IV 4 ABC Container IX 1 I Brosileiro IV 1 Accord Shpg VI 1/2 lloyd Triestino IV 2/3 Alitrans IV 1 lykes lines III 2 Anro Service IV 2/3 Mac-Nets Ag III 1/2 ANl 1 1/2 Modju Sdn VII 4/5 APC
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    • Article
      Lock icon NZ corp sale is 'imminent'
      120 22 Reuter PRIME MINISTER David Lange said the sale of state-owned shipping line, The Shipping Corp of New Zealand Ltd. is imminent. "I think you can expect an announcement on that from the Minister of Finance or the Minister of State-owned Enterprises," Lange said. "If it
      Reuter  -  120 words
    • Article
      Lock icon TANKER RATES
      247 22 AFP TANKER charterers responded to higher crude oil prices over the past week by refraining from covering cargoes until they are convinced oil prices are stable at current levels. Vessel owners have, therefore, been in competition with each other for scarce business, and obliged to settle for lower
      AFP  -  247 words
    • Article
      Philippine lines can modernise fleet with new set of incentives
      436 23  -  By AL O LABITA Jr THE Philippines' Board of Investment (BOI) has granted a new set of incentives to shipping companies to encourage them to modernise their ageing domestic commercial fleet. The incentives, 801 officials said, include tax and duty-free
      436 words
    • Article, Illustration
      Lock icon US to step up fruit inspections
      263 23 AP THE US government has cleared the way for shipments of Chilean produce to American supermarkets and announced plans for stepped-up inspections after a health scare sparked by cyanide-tainted grapes from Chile. A few hours after the United States announced its new import inspection
      AP  -  263 words
    • Article
      Japan is still world's leader in orders
      336 23 JAPAN has regained its position as the world leader in terms of newbuilding orders. According to the Lloyd's Register Merchant Shipbuilding Return for the end of the fourth quarter of 1988, Japan's order books showed 5.96 million gross tons, overtaking South Korea (5.87
      336 words
    • Article
      SHIPPING LIST
      2041 28 Noraaia Shiga. Noraaia Una. March 21 Uao Ha. CMna Oca— Sftpg, Marcft 21. OMta Bay. Trlot. Mareft 23JM). Luna Maarak. Maant Una. Mar eft 23 Ever Oooda. Evargraan March 29 Ming Ptaa*ura, Yang Ming. March 24 Nad OaM. ScanOutcftt March 27 Sh* Ha. CMna Ocaar Shpg. March 2>
      2,041 words
    • Article
      LONDON FREIGHTS
      860 28 GRAIN chartering was quieter on Friday and the market saw the Baltic Freight Index decline two points to 1,645, its first dip for a month, brokers said. The BFI fell just short of the January 18 all time high of 1,650 points, and traders on the futures floor
      860 words
    • Article
      SHIPS IN PORT
      1208 28 AT CONVENTIONAL WHARVES VnmI BwH i Arrival Departure KEPPEL WHARVES Anonos K27 olongsid* 21 03/0600 Boiyunshon KI9 o'ongvd* 2103/0300 Con Gosson Kit otongvd* 2203/1500 Hfvotsko KI7 o'ongsid* 2103/2300 Koto Mofu K3I olongsid* 240&0600 Kris Marubi K24t olongsid* 2203/0600 lO«pung Kl? olongsid* 21(0/0800 Morihom Boy K20 olongsid* 21
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      684 21 TIMES STP Distributors OOCL Dedicated fo Stipvte**NC SNIPPING AGENCIES 200 Cantonmont Road #1205 Southpo<nl, Smpp or* 0208 ret *****11 TUfX NO RS 241/9 TERMINALS Td *****18 220 BOOKINGS Td *****34 235 PESAKA JAHOINE SNIPPING AGENCIES SON BNO PORT KELANG TEL: *****18 Tiki Ho. MA*****jMA39A)l PENAN® TEL *****4 TELEX NO MA*****
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      Page 21 Advertisements Column 2
      749 21 5T^ C 0 FQ& 28- MAERSK LINE ETA ETD DESTINATIONS c CaMornta-US Gui'-US Ananiic-E Jst Canaoa-Ai Wate'Service IS/4 17/4 20/4 21/4 23/4 22/4 24/4 27/4 2S/4 30/4 29/4 1/5 3/5 4/5 6/5 6/5 8/5 10/5 11/5 13^ 13/5 14/5 17/5 18/5 20/5 21/5 24/5 25/5 27/5 28/5 31/5 1/6 I
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      544 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT OSAKA BAY TOKYO BAY NIPPONICA TOLAGA BAY HONGKONG EXPRESS MONTE ROSA ALASKA MARU CITY Of EDINBURGH P KELANG SOUTHAMPTON 25/3 12/4 HAMBURG BREMERHAVEN 14/4 16/4 ROTTERDAM/ ANTWERP ALSO ACCEPTING CARGO TO" ALL UK INLAND OCSTINATIONS, BELFAST, DUBLIN. COPENHAGEN, AmRHUS, GOTHENBURG. MALMO, HELSINKI, OSLO. lou
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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.
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      Page 22 Advertisements Column 3
      899 22 NOTICE -OCEANIA V0Y.23 Arrived Singapore 1103 1966 Consignee of *11 damaged cargoes ex the captioned vessel are hereby notified that a General Burvey will be held on the 22nd March 1906 (Wednesday) at Keppel Wharves K2O respectively from 0600 hour*-1200 hours. No further survey will be entertained thereafter. Agents: "K"
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1246 23 ZJ The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Satoah, Sarawak. Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT CONTAINERSHIP SERVICES TO/FROM BANGKOK S'PO« BKOH PE CASUS PIONEER V23N 23 24 Mir Ifar PEGASUS PROCRESS VSUN 21-27 Mir Mir BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO
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      Page 23 Advertisements Column 2
      857 23 OWNER'S REPRESENTATIVE Wanted for a European ship owner Singapore Representative preferably local with sufficient experience in liner trade. Job involves maintaining liaison with shipping companies and port, and thus candidates with good contacts and access to all shipping companies at Singapore would be preferred. Age no bar. We offer an
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      Page 24 Advertisements Column 1
      484 24 mSINOSE u MARITIME PTE LTD VJVRI ISLAMIC RI PUBLIC Of jU'JA IRAN SHIPPING LINKS IRANIAN SERVICE IRAN BAYAN PJLMI Singapore Loading for SM BANOAR ABBAS ■KYOWM KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSI KYOWA VIOLET V 24 KYOWA HIBISCUS V 36 LOAD FOR VILA. NMA. LTK. SUVA. PAGO. APIA GUAM.
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      Page 24 Advertisements Column 2
      893 24 HANJIN SHIPPING CO., LTD. FULLY CONTAINER IS ED SERVICE TO EUROPE VIA SUEZ FROM EUROPE VIA SUEZ CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S PORE LOADING FOR VEGA SS AC2I 24/3 DUBAI. DAMMAM TO USA PACIFIC SOUTH WEST T/S PORT UNI HAUL WJ PUS. Ml KOREAN WOWS JIN Ml
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      Page 24 Advertisements Column 3
      151 24 HAI YING VW BUSAN GLORY VW MALAYSIA GLORY V*3 RAGNA VW SINGAPORE GLORY VTO Mar Mar S Mar 11 Mar 1 Apr 7 Apr I Apr 14 Apr IS Apr SINGAPORE Loading FOR VEGA 29 Mar INCHON. BUSAN WORLDWIDE PACIFIC MARITIME (PTE) LTD TU 225Z711 (I Lintf) KONTENA NASI ON
      151 words
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      Page 24 Advertisements Column 4
      1227 24 Full Contatne r Service d fe/ CARIB/USEC/EURO/FE) eve* MEET 22/B n/w aura a* nm «m Sw o?m wSgSt" a S S *s $s ?*s EVER GENIUS 1204 13/04 14*4 1904 2104 24 2 2MM 2W EVER CIANT !|ot 5M »0* iW UK Offi Sffi EVER GENTRY 2t04 2 ;«4 0205
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      975 25 \v 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 SBY VESSEL VOY KOTA MELATI J9lO KOTA MELATI Mil MAJAPAHIT 3558 KOTA MELATI Ml 2 KOTA MELATI Ml 3 OOWA MSB BCA KARL MAJAPAHIT SEA PEARL
      975 words
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      Page 25 Advertisements Column 2
      459 25 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 PORJS TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE <TS) HKC NOUMEA SUVA AKL NAP TIM 1/4 E.R. BRIISSEL VOYSS 14/4 6/5
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      Page 25 Advertisements Column 3
      571 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.TJSAMUDERA INDONESIA P.T. TRIKORA LLOYD SEMI CONTAINERSHIP SERVICES SINGAPORE ft EUROPE ANTWERP HBURG RDAM/ADAM BREMEN VSL/VOY L. J. BONTANG/17WB MATARAM/23W8 PALEMBANG/12WB KUTAI 16WB Subject to Inducement. Ateo accepting cargo to CaeaManca, Port Said, Port Alexandria. Genoa. Trieste AISO
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      Page 25 Advertisements Column 4
      386 25 BOUSTEAD SHIPPING AGENCIES |Sl PINYA VIOIW PAGAN Vl3** HTONEYWA V 245* PA AN Vl36* BURMA FIVE STAR SHIPPIHB CMPfIMTIBII (Burmese National Line) Loading for Rangoon S'pore P Kelang Penang Bangkok SEMI CONTAINER NORTHBOUNO TO UKC SPORE ROAM HULL HMBG CLYDEBANK V2SN 28/3 26/4 3/5 30/4 TAMATAI SAMOA VIS 24/4 21/5
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      Page 26 Advertisements Column 1
      707 26 Q K L INI KAWASAKI KISEN KAISHA. LTD. Ja'« W RAINBOW BRIDGE 0. FSHIP Vl3/OOCL FREEDOM OOCL FAITH NEPTUNE JADE RAINBOW BRIDGE ORIENTAL FRIENDSHIP N. AMERICA-ATLANTIC COAST VOY LB 16 11/2 12 11/2 CHLS NFK 21/2 23/2 28/2 2/3 •PK/PNG *INDO 25/3 26/3 1/4 2/4 AMERICA PACIFIC SOUTH-WEST N. AMERICA
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      Page 26 Advertisements Column 2
      579 26 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers 'M TUISIDAS *40 KALI DAS 42 TULSIDAS W 41 KM IDAS ¥.43 TULSiOAS Transit Im Smg»po<«, MHbourn* 74 lux* 74 tun* U iuty II July f iMn/Mafe/SydryAM ffem,*k«,S»dn;A<W FfenvMcHvSydn Add f' »ni KWb i Sfd n Add F f dn/Mdb/Sydn/ Add INDIA EXPRESS
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      Page 26 Advertisements Column 3
      523 26 GOLDEN LINE CIMN GUAM SHIPPING (PIE) 1.(0 U, (thk Afm Street MNCAPOM MM HI •HM IU: UUW <14 MUMS) ft. VHHM STRAITS/PERSIAN GULF SERVICE: GOLMM NONOCR CotombaMf **vDu6a. COCOCN HAVEN Cofcxnbo, icVDuUi CHINA SERVICE A VESSEL Huanfpu/ Sfunftu. PKelang Penanj CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA
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      Page 26 Advertisements Column 4
      409 26 I® PHIU-OnMNT LIN IS OU LTD HIAO Off.Cl «3 BOSINSOW POAO OMJ Afflo-AjiA euicOiaa SINGAPOAC oiaa rcux RS ***** PHIL! FA* 225!«?« EMT/FM EAST FCi A LCI ETA SINGAPORE DESTINATION v'vn: 8® rrr ?^7rTTr yrrrTTrr?'T 28 3 30 3 9 4 MOKBASA. DARESSALAM ASSAB. BEIRA. TAMATAVE. P. SUDAN. REUNION. TANGA.
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  • Page 27 Advertisements
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      1515 27 Antnti S'poie Gw«iil NIPTUME AGENCIES PIC. LTO. Boofcmtp Boohini Enquxm ft EU/AUSr (PA/ lIW3II 2/BS/M inn liuMrd/ r«fmiiul CFS StA OutvuaH *****22 2221 A3 2/85/42 2/8/B*4 2NOIII 2/***** 2m u 2;"» i« NEPTUNE NIPIIWf SON BHO PKetang !6»«l sr Ptmng 6*luu WOWS 2)8040 62/S6O 2380*1 am una EXPORT IMPORT MOTHER
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      Page 27 Advertisements Column 2
      862 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P KELANG MESSRS HAI (HONG SHIPPING 127 P«uflg Str«ct. Penan*. Malay *.i M<S HANDLING SYSTEM CO
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      Page 28 Advertisements Column 1
      186 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. ril 225 686 a l iOiwi) FAX *****39/*****76 IllM HS ***** A/8 W.MA. MS ***** A/H SSCAO DSR-LIMES VEB OEUTFRACHT SEERESOeREi ROSTOCK i INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE KIA LARHACA: ACCEPTING CARGO FOR UMASSOI, BEIRUT, lATTAKIA, ALEXANORIA,
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      Page 28 Advertisements Column 2
      84 28 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED PAY ARRIVAL TSKLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. HERMES ACE V-l* ETA SIN SS/3/M SPORE KAOSHIUNG 4 DAYS KEELUNG 5 DAYS TOKYO >■ SHIMIZU NAGOYA KOBE 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS TSKLINE AGENCIES (S) PTE
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      Page 28 Advertisements Column 3
      116 28 SIGMA EXPRESS (S) PTE LTD (INTERNATIONAL FREIGHT FORWARDERS) TEL: *****44 FAX: *****75 TLX: RS ***** SHIP FCE SHIPPING WEEKLY SERVICE TO:USA. HONGKONG FLYING CIRCLES EXPRESS PTE LTD TEL: *****24 FAX: *****31 TLX: R*****2 MAINFREIGHT (S) PTE LTD 15 Mccalium St *05-04 Natwest Centre S pore 0106 TEL: *****12 AUSTRALIA VSL
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      148 28 y Regional Weather > SVS iV 54 s V s»> !i« SIGNIFICANT WEATHER AND SEA CONOmONS AT 7JO AM March 21, IM9 R Thunderstorm Temperon** C X\ A Weott>er Wixl dvection ««tt> speed m knots Rotfi Cloudy Sk, W Woe* <tm4> ore indicated by or'owi »*«cti Hy »,tk tfc* >i«d
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      544 29 FARGO SHIPPING Tel:Sa4olSa r REGULAR EXPRESS FCL LCI SERVICE DESTINATION BANGKOK PORT KELANG (FCL) HONG KONG (FCL. LCL) KEELUNG. KAOHSIUNG MANILA JAKARTA (FCL) TOKYO. KOBE, BUSAN (FCL) KARACHI. BOMBAY. COLOMBO (FCL) ETA SINGAPORE JARU BHUM 30N 2 PIYA BHUM 169N 2 SIRI BHUM 405N 2 KITI BHUM 264N 2 KITI
      544 words
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      Page 29 Advertisements Column 2
      336 29 CALCUTTA/KARACHI/CHTGONG/CBO REGULAR CONVENTIONAL LINER SERVICE ItetnyWl up lo 20 To )|SSL PAKISTAN NATIONAL igpf SHIPPING CORP., KARACHI. MALAYSIA KARACHI MIOOLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN VESSEL KUANTAN PT KLANG PENANG SARGOOHA 28-30/3 SUNDERBANS 23-25/4 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG
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      Page 29 Advertisements Column 3
      973 29 (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE ARI IQUIQUE VALPARAISO STO S. PAIIOS 09/05 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 TEL 533 1713 (5 lines) TLX ***** FAX 533
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      553 30 Hai Sun Hup Co (Pte) Lie rgi. *****06 (20 Line's, TLX US ***** RS ***** Jt i -\>l t KN 1 -\K L INL K I) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! VOY. NO S'pore P. Kelang Penang ASIAN KOGGEGRACHT TRONO CLIPPER 114 1 60 Hong Kong
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      Page 30 Advertisements Column 2
      701 30 ».CHO YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FDLLY CONTAINERISED SERVICE FMG FLOTA MERCANTE GHANCOLOMBIANA, NATIONAL UNt 0' COLOMBIA FLAVIA OC 125 23 Mar To Buenaventura/Barranquilla/Santa Marta/Cartagena, Cristobal/Santo Domingo/Port Au Prince Pto Quetzal/Acajutla/San loren/o/Corinto/Pto Caldera S.A CAVN COMPANIA ANONIMA VENEZOLANA OE NAVEGACION (NATIONAL LINE OF VENEZUELA) To: Maracaibo/Puerto Cabello/George Town/Guaranao/
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      Page 30 Advertisements Column 3
      586 30 v«v*v iv. UfflU. CALL US AT: P KELANG PENANG J. BAHRU P GUDANG SINGAPORE K. LUMPUR 3685/53/368/111 04 6251W/4, *****3 0/*****8 0/ 5113/3, 5113/5, *****0, 5133/1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER BUTANC US SINGAPORE LE HARVE li.i'im I'V'ipmag'ii! »'l 'i: :-l| N DCJIMA B
      586 words