The Business Times, 24 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 FRIDAY, MARCH 24, 1189 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    238 1 Dow up WALL STREET stocks opened slightly higher, helped by narrowly firmer bond prices and a fourth quarter GNP revision that was in line with expectations. The Dow was up six at 2269, with gainers outpacing losers by about two-to-one. Reuter Footsie down LONDON share prices were
    238 words
  • Article, Illustration
    Brisk trade on local market
    185 1 AS INVESTORS in some regional markets stayed on the sidelines ahead of the Easter holiday, Singapore experienced another day of busy trading while Tokyo and Hongkong posted gains. In Singapore, late buying capped another day of hectic trading. Although gains outpaced falls 120 to 76,
    185 words
  • Article
    Lock icon KL's federal debt increases despite fall in foreign debt
    133 1 Bernama MALAYSIA'S foreign debt has been reduced from M 550.369 billion in 1987 to M 546.795 billion last year, Deputy Finance Minister Senator Mohamed Farid Ariffin said yesterday. However, the federal government's debt rose from M 582.018 billion in 1987 to
    Bernama  -  133 words
  • Article
    Corporate fraud: Bill calls for audit committees
    541 1  -  By AMY BALAN ALL LOCALLY-INCORPORATED companies listed on the Stock Exchange of Singapore will have to appoint audit committees involving independent directors under a Bill designed to prevent and detect fraud in companies. The proposed Companies (Amendment) Act 1989 will also see auditors
    541 words
  • Article, Illustration
    Pay revisions for political office-holders
    686 1  -  REVISIONS TOO FOR TOP JUDGES, STATUTORY APPOINTMENTS ICIHW By SHOEB KAGDA BARELY A WEEK after Briga-dier-General Lee Hsien Loong announced salary increases for civil servants, Mr Qoh Chok Tong yesterday unveiled broad changes to the salary structures of all political office-holders, top judges and statutory
    686 words
  • Article
    Lock icon KL and Jakarta re-think rubber futures contract
    185 1 AFP COMMODITY exchanges in Malaysia and Indonesia are considering the need to develop a more viable rubber futures contract because of waning interest in sheet rubber, a Malaysian official said yesterday. The rubber trade had shifted from sheet rubber to technically specified rubber
    AFP  -  185 words
  • Article
    Lock icon Hongkong posts trade deficit
    95 1 AP HONGKONG'S trade balance swung to a deficit of HK52.045 billion (US$262 million) in February from a surplus of HK$l.OB5 billion (US$l39 million) a year earlier, the Census and Statistics Department reported yesterday. Domestic exports were HK514.042 billion (US$l.BO billion) in February, up 2.9 per cent
    AP  -  95 words
  • Article
    Yeo Hiap Seng plans $40m loan stock issue
    513 1  -  By ELAINE KOH FOOD and beverage group Yeo Hiap Seng Ltd. which managed a marginal increase in its net profit to $9.39 million for 1988, plans to raise $40 million from a loan stock issue. The five-year loan stock, with an interest
    513 words
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      184 1 Farah The original Hopsack slacks for men. Available at OG People s Park, Orchard and Elite Full Report, PAGE 14 Regional Mkts, PAGE 16 World Mkts, PAGE 17 For the best in Sichuan and Seafood Dishes "J -r JK w Smoked Sit hu.in Duck Boneless i »t K H Dragon
      184 words
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      Page 1 Advertisements Column 2
      234 1 On PAGE 2: Debate on salary revisions for political appointees and civil service BQ Lee cites opportunity cost as lair basis for revisions Editorial Comment: 8 The helicopter perspective US-Japan trade 8 Taking the war to the corner shops Thailand 9 Unabsorbed funds for Asia Administrative service 2 PSC re-opens
      234 words
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      Page 1 Advertisements Column 3
      219 1 Minolta EP49OZ with Simul-Coior. SL In days of yore... IF YOU CAN make it there, you'll make it anywhere, crooned Jacintha once to the denizens of this bastion of individuality and subway camaraderie. New York? No, ACS. But will some of the ex-teenagers turned models among them Sandy Eu. Tang
      219 words
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  • HOME NEWS
    • Article
      PSC re-opens applications to admin service
      373 2  -  By ANNA TEO IN A BID to catch those who may be won over by the new market-rate pay package for civil servants, the Public Service Commission is re-opening applications to the Administrative Service. Last December, the PSC made the unprecedented move of inviting
      373 words
    • Article
      High Court dismisses Chuan Hong's motions
      365 2  -  By PAUL GOPAL THE HIGH COURT yesterday dismissed with costs an interim injunction motion by a petrol station dealer to prevent Shell from terminating its dealership at the station at Coronation Plaza in Bukit Timah Road. Also dismissed with costs was the related motion
      365 words
    • Article
      Workshop for journalists
      105 2 FIFTEEN JOURNALISTS from six Asean countries will attend a three-week workshop/seminar starting this Sunday. The Third Workshop/Seminar for journalists of the Asean news agencies and related news organisations will be held between March 26 and April 16 at the Boulevard Hotel. The seminar/workshop aims to help Asean
      105 words
    • Article
      Mission number one
      664 2 DEBATE ON SALARY REVISIONS FOR POLITICAL APPOINTEES AND THE CIVIL SERVICE mMMMI ua emaasascw. FIRST DEPUTY Prime Minister Goh Chok Tong made it clear yesterday that his main mission and preoccupation now is: "How do we keep Singapore going after the Prime Minister steps down?" Learning from
      664 words
    • Article
      PM lauds former PSC chairman, hopes promotion problems will be thing of the past
      398 2 PRIME MINISTER Lee Kuan Yew yesterday said he hoped the problem of slow promotions in the administrative service, which had caused problems in the past, would not be repeated. Speaking in Parliament, Mr Lee paid tribute
      398 words
    • Article
      What ministers in other countries get
      140 2 IN RESPONSE to queries by Mr Chiam See Tong (Potong Pasir), including one on comparable pay for ministers of other countries. First Deputy Prime Minister Goh Chok Tong gave the salaries of ministers of several other countries. These are: Japan, $31,000; Britain, $10,000; Malaysia,
      140 words
    • Article
      Second DPM and two other ministers voice strong support
      340 2 THREE CABINET MINISTERS strongly supported the government's move to raise the salaries of political and judicial appointees to attract talented Singaporeans to take up public office. The three were Second Deputy Prime Minister Mr Ong Teng Cheong, Education Minister Or Tony
      340 words
    • Article
      Reservations about performance bonus
      449 2 THE FIRST Deputy Prime Minister s proposal to raise salaries for politicians was overwhelmingly supported by government backbenchers but they expressed reservations about giving ministers a performance bonus. Mr Goh Chok Tong had earlier said that ministers would receive a performance bonus under a new salary
      449 words
    • Article, Illustration
      Two against new pay rises
      354 2 THE ONLY elected opposition Member of Parliament and the sole Non-Constituency MP yesterday spoke out against the new pay increases for political appointees. Mr Chiam See Tong, the MP for Potong Pasir, said that he was objecting not to score political points but as a
      354 words
    • Article, Illustration
      BG Lee cites opportunity cost as fair basis for revisions
      472 2 A FAIR BASIS for paying those in public service would be the opportunity cost, said Brigadier-General (Res) Lee Hsien Loong. BQ Lee, who is Minister for Trade and Industry and Second Minister for Defence (Services), and who chaired the Committee
      472 words
    • Article, Illustration
      Statutory lifespan of taxis to remain at seven years
      315 2  -  Reports by ZHOU MEI, SHOEB KAGDA, LILIAN ANG,DEXTER LEE THE GOVERNMENT will not extend the seven-year statutory lifespan of taxis. Communications and Information Minister Dr Yeo Ning Hong said that this was to ensure that the taxis were road-worthy and well-maintained.
      315 words
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      Page 2 Advertisements Column 1
      74 2 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touches and comforts. For short-or long-term lease, call Flore
      74 words
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  • ASIA-PACIFIC
    • Article
      Lock icon US, Indonesia agree to end copyright piracy
      237 3 Reuter THE US and Indonesia signed an agreement on Wednesday to give US books, films and other creative works copyright protection in Indonesia. US officials and American industry had long considered Indonesia a leading "pirate" nation where US intellectual property is bought, then
      Reuter  -  237 words
    • Article
      Lock icon Chinese diplomat says Vietnam cannot be trusted
      320 3 Reuter CHINA'S ambassador to the United States said on Wednesday that Vietnam couid not be trusted, which made settling the conflict in Cambodian more difficult. In an interview with Reuters and the television news service Visnews, Ambassador Han Xu also said he had
      Reuter  -  320 words
    • Article
      Lock icon 'Asian NICs urged to play wider roles'
      353 3 AFP ASIA'S newly-industrialis-ing countries (NICs) should give up trade privileges, adjust their economies and take up their responsibilities within the international system. "Unless smaller and newly-industrialising countries take up their responsibilities within the international system it will be eroded. In such a situation
      AFP  -  353 words
    • Article
      Lock icon Benazir appoints mother deputy
      261 3 Reuter PAKISTANI Prime Minister Benazir Bhutto appointed her mother Nusrat as her deputy and brought four other women into her Cabinet. I They were among 24 ne%f ministers and ministers of state appointed whefl Ms Bhutto, who took office In December, double* the size of her
      Reuter  -  261 words
    • Article, Illustration
      Lock icon Political stability essential: Zhao
      401 3 Reuter CHINA'S Communist Party chief Zhao Ziyang said on Wednesday that economic development was impossible without political stability. Mr Zhao's comment was made as the official press stepped up attacks on those demanding an amnesty for political prisoners and political reforms. The People's Daily yesterday quoted
      Reuter  -  401 words
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      83 3 7 jfet ll V:>' BPSP* *.^9l sr; Ss2 '^r •»<r fc'- <" 4. 2? S m r .»*> lb «s V* HMe-'' m i I «r w*mm r *w y >i \v :j» w i<VTt Sk c. r. j #jGC *w-, a f• r S X? <..' i W-V/T7 j?
      83 words
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  • REST OF THE WORLD
    • Article
      Lock icon Evans threatens mass walk-out from trade talks
      504 4 FT AUSTRALIA'S Foreign Affairs and Trade Minister Gareth Evans held out the prospect of a mass walk-out from the current round of multilateral trade talks if next month's crucial meeting in Geneva fails to break the deadlock over global farm subsidies. Speaking in
      FT  -  504 words
    • Article
      Lock icon Slowdown feared as high-tech giants post poor results
      262 4 Reuter US HIGH-TECHNOLOGY industry tears an impending slowdown after Digital Equipment joined International Business Machines (©M) in forecasting poor quarterly results on Wednesday. Minicomputer giant Digital's sjock slumped U5510,625 almost 10 per cent to U5596,375 afc the New York Stock Exchange's most
      Reuter  -  262 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      961 4 ARRIVALS •Operator Sorvic* Local From number tint* •MAS MH640 0820 KUL 6iA SQ43 0850 DHA MAS MH37A 0900 KUL .MAS MH651 0910 PEN •MAS MH630 0920 KUL •su SQ103 0950 KUL •CPX CX710 1000 CGK QFA QF62 1035 BOM ,5WR SRI 86 1040 ZRH/BKK GU GA960 1100
      961 words
    • Article
      Lock icon Report says up to US$5b EC funds defrauded yearly
      287 4 AFP BETWEEN US$4 billion and US$5 billion are defrauded from the EC's coffers each year, and the beneficiaries include the Mafia and the Irish Republican Army (IRA), according to a European Parliament report published on Wednesday. Dutch Socialist deputy Piet Dankert,
      AFP  -  287 words
    • Article
      Lock icon EC swindles rife: businessman
      175 4 Reuter A TOP British businessman renewed accusations of European Community corruption on Wednesday, saying massive expenses-cheating was rife among EC officials. Sir John Hoskyns, who enraged the EC Commission last month by saying it was intellectually and financially corrupt, said one member of the European Parliament
      Reuter  -  175 words
    • Article
      Lock icon Worries mounting over global inflation
      605 4 NYT THE MODERATE monthly advance in US conaumer prices reported on Tuesday is seen by economists and corporate executives in Europe as, at best, a temporary respite in a worldwide trend of mounting inflation. Everywhere, there have been naaty inflation shocks, said Jeremy Hale, senior
      NYT  -  605 words
    • Article, Illustration
      Lock icon Bush hits out at attitudes of Hollywood, Wall Street towards drugs
      360 4 Reuter LAMENTING the attitude towards drug abuse in Hollywood and on Wall Street, US President George Bush is promoting narcotics education programmes as the key to the war on drugs. "The fact is that none of us is immune
      Reuter  -  360 words
    • Article
      Lock icon Gap between rich and poor widening in US: report
      182 4 NYT THE GAP between America's rich and poor is widening, judging from new congressional data released on Wednesday. Taking inflation into account, the mean family income of the poorest fifth of the population declined by 6.1 per cent from 1979 to
      NYT  -  182 words
    • Article
      Lock icon Brit brewers find pub limits hard to swallow
      474 4 Reuter BRITISH BEER DRINKERS toasted prospects of cheaper brews and more choice on Wednesday after a government pledge to encourage more competition in the industry. But the country's major brewing groups said the proposals could sound the death knell for the traditional
      Reuter  -  474 words
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      42 4 The business person's choice every Tuesday, Thursday, Saturday and Sunday. l eaving hangi Airport at 22:05 hours and arriving at Letter B. Pearson International Airport the following dav. CjII your Travel Agent or Air Cj/udj it *****55. A BREATH OF FRESH AIR
      42 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      185 4 H Max/ Not* M(n (°C) 25/16 Fin* 11/05 Cloudy 20/07 Cloudy 24/15 Cl*or 34/25 CWor 29/20 Cloudy 14/04 Cloudy 15/08 Sunny 18/12 Cloudy 10/05 Cloudy 23/16 Cloudy 14/09 Shown 29/19 Fin* 08/01 Cloudy 16/06 Cl*or 24/18 Cloudy 29/15 Cl*or 00-04 Cloudy 25/11 Fin* 26/16 CWar 02-06 Cloudy 08/04 Cloudy 31/24
      185 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      71 4 Doonesbury AND THE RICH GET RICHER! rfs J NEVER SHOULD HAVE AGREBPTO J HOMESTRETCH THATADJUST--1 TIME, J. J. ABLE RATE... L) I NEED ONE MORE TAX BREAK TO PUT YOU AtUAV! C'MON, SEVEN! COM3 TO MAMA! u BY GARRY TRUDEAU AMUGHT! MEN YOU'RE HOT, YOl/RE HOT! GIVE ME A "GOLDEN
      71 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Japanese banks fund Beijing hotel project
      139 5 Reuter TEN JAPANESE BANKS have signed an agreement to lend U5572.75 million to a new joint venture hotel in north-west Beijing. Japanese bankers in Beijing said yesterday that the four-star New Century Hotel will have 20 per cent investment from Bank of China's Beijing
      Reuter  -  139 words
    • Article
      Lock icon Tokyo futures exchange to finalise rules
      406 5 Reuter THE Tokyo Financial Futures Exchange (TFFE) will fmalise trading rules on Wednesday at a general assembly of its promoters. Yoshio Hayakawa. office director of the TFrE task force, said in Tokyo on Wednesday that the exchange had already sent a draft on detailed
      Reuter  -  406 words
    • Article
      Venture capital industry lacks experienced people
      215 5 THERE is a shortage of experienced professionals for the venture capital industry in Singapore, said Transtech Venture Management managing director Ang Kong Hua. With this shortage of professional staff, there is a higher risk attached to venture capital companies as they may not be
      215 words
    • Article
      Lock icon Bank of England calls for quick action on LDC debt
      257 5 Reuter RECENT US PROPOSALS for reducing the Third World debt should be developed as quickly as possible, and the burdens involved should be shared by all involved, Bank of England governor Robin Leigh-Pemberton said. The Brady proposals put forward earlier
      Reuter  -  257 words
    • Article
      Lock icon Malaysia seeks better accountability by insurers
      261 5 AFP LAWS GOVERNING Malaysia's insurance industry, hit by insolvency and charges of malpractice, will be amended soon to provide for more effective supervision. A government report on Wednesday by director-general of insurance Jaffar Hussein said the Insurance Act would be amended at the October
      AFP  -  261 words
    • Article, Illustration
      Lock icon Fed monitoring rate rises: Greenspan
      566 5 NYT ALAN GREENSPAN, the chairman of the US Federal Reserve Board, indicated on Wednesday that the central bank had adopted a wait-and-see approach towards further increases in interest rates to keep inflation under control. In a testimony before a house banking subcommittee, Mr Greenspan said
      NYT  -  566 words
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      68 5 Only a few will catch more than a glimpse. Xv-ar i V, (ft CP hJk 9 For more information on the special Line of Credit and many privileges of the Gold Card, call American Express at *****44. Or THF Rill II PARR 4 simply pick up an application form at
      68 words
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  • MONEY AND EXCHANGES
    • Article
      Goverment Securities Market
      100 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BID OfFM HIGH LOW 3 months BQ*****N 22.06.89 3.67 3.62 3.64 3.45 6 months BS*****N 17.08.89 3.88 3.83 1 year BY*****H 23.11.89 3.93 3.88 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate BID
      100 words
    • Article
      Options
      1105 6 INTEREST RATE OPTIONS Thursday, Mar 23, 1989 EURODOLLAR (8IMEX) Jun 88 cat to Jun 88 puto High Low Satt High Low Satt 8875 I9A IS 8900 38 38 38 28 28 38 8925 35 35 35 39 39 39 8950 168 17 55A 54 8975 73A 73 9000 95A
      1,105 words
    • Article
      Asian dollar market
      192 6 ASIAN DOLLAR deposit rates finished lower in thin trading yesterday. US$ Offfl wo 7 days 10 5/16 10 3/16 1 month 10 3/16 10 1/16 2 iinmllw 10 3/16 10 3/16 3 WKJIltfn 10 7/16 10 3/16 6 mon#*» 10 3/4 10 3/t 9 manrtn 10 13/16
      192 words
    • Article
      Lock icon Simex
      475 6 BA Futures JUNE Eurodollar futures opened 16 ticks higher on Simex yesterday than the previous close at 89.00 on a sharper than expected 3.6 per cent fall in February durable goods orders as well as bullish remarks by Fed reserve chairman Alan Greenspan that suggested no immediate tightening of
      BA Futures  -  475 words
    • Article
      IMM
      252 6 IMM currency futures closed mostly higher and in the upper half of daily ranges after a sluggish session on Wednesday. Futures reached daily highs around midday and slowly drifted downward during the last two hours of the session. After a lower opening tied to strength in the dollar overseas,
      252 words
    • Article
      Comex gold/silver futures
      165 6 Gold futures on Mar 22. 1989 100 troy ounoM. USS par troy ounce Op in Mg* Lav MM Mor 394.40 0.30 Apf 395 00 396.40 394.40 395.10 0-50 May 397JO OJO Jwn 400.40 401.60 399 70 400.20 0.70 *<9 40*20 406.70 405.00 403JO OJO Oct 412 JO
      165 words
    • Article
      Lock icon Canadian prime lending rates raised to five-year high
      708 6 Reuter CANADIAN BANKS, feeling the crunch of higher borrowing costs, have raised their prime lending rates by 3/4 of a point to 13.50 per cent, the highest level in nearly five years. It was the biggest one step prime rate increase since
      Reuter  -  708 words
    • Article
      Forex markets
      1161 6 SINGAPORE: An attempt at the USS's downside et the European open quickly fizzled out yesterday as the market seemed more preoccupied with the upcoming Easter holidays. With the Fed downplaying the inflation threat any further US$ strength will however have to await fresh impetus, and quite possibly through
      1,161 words
    • Article, Illustration
      World interest rates
      199 6 Indicate* tha imag* <* lh« prim* tending rate* af 12 mafor banks In S'pom r Interbank market rates (offer/bid) on Mar 23 us$ DM SWFC Y«o 7 10 1/4 1/3 ia j/o i/a 3 7/3 3/4 3 5/1 5 1/a 3/4 3/3 •Mfc 10 3/1* l/l* ia
      199 words
    • Article
      Money markets
      61 6 THE OVERNIGHT RATE on the Singapore money market fell by 1/4 point to close at 5-1/8 per cent yesterday. Short term rates were unchanged across the board. S$ Interbank rates at the close yesterday: Off« BIO nighr 3 1/8 S 1-north S 3/16 S 1/16 2-mMh S 1/4
      61 words
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      47 6 I IN. i. h< I K»\ 1 for l&c.ri •The China connection doing business in the Middle Kingdom A traveller's tale outlook for tourism Meet an extraordinary entrepreneur Fast woks through streets of London •Working 9 to 9 •Spotlight on Shangri-La, Bousteadco MARCH 1989 NOW AT NEWSSTANDS
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  • COMMODITIES
    • Article
      Lock icon Crude Oil and Products
      143 7 Telerate INDICATIONS (or fuel oil were slightly higher on the Singapore market yesterday. Sell prices for CST-180 were at US$BB-88 per tonne fob" Sing, but buyers stilt resisting pressure to up their prices, were asking US$B3-84 per tonne fob Sing. Fundamentals were unchanged from Wednesday and
      Telerate  -  143 words
    • Article
      Precious Metals
      389 7 HONGKONG: Gold closed slightly firmer in fai#fy moderate trading on bargain-hunting by Taiwanese. Japanese and London investors yesterday. Oealing was mainly thin but demand emerged in the late session. Dealers expected prices to move narrowly in New York due to th«i Easter holiday. Bijllion ended at U*****.40/395.90 ounce
      389 words
    • Article
      Soybean
      208 7 CHICAGO SOYBEANS jumped higher late on strong commission house and commodity fund buying, to close 8-3/4 to 4-3/4 cents per bushel higher in nearby contracts on the Chicago Board of Trade on Wednesday. Soybeans traded lower most of the session, but turned higher late. Floor sources attributed the rally
      208 words
    • Article
      Wheat
      207 7 SOFT RED winter wheat closed lower amid professional and commodity fund selling on the Chicago Board of Trade on Wednesday, floor sources said. The sources said soft wheat's weak performance on Tuesday and early on Wednesday, despite China buying 400,000 tonnes of Export Enhancement Programme wheat, may have sparked
      207 words
    • Article
      Rubber
      389 7 SINGAPORE: Rubber prices ended fractionally lower with April 1 RSS buyer quoted at 204.50 cents a kg yesterday, down 0.50 cent from Wednesday's close. Brokers said after slightly higher, quiet morning trade, prices eased in the afternoon session on light liquidation. On the TSR-20 Award market, prices were marked
      389 words
    • Article
      Palm Oil
      401 7 MALAYSIAN crude palm oil prices closed lower on speculative selling yesterday. prompted by a weaker palm oil futures market. March south region fell Mslo to M 5942.50 a tonne and central Mss to M 5937.50, while north traded down to M 5935. The refined palm oil market noted
      401 words
    • Article
      Produce Prices
      244 7 Chinese Produce Exchange S«ll«rY noon dosing prices on Mar 23 (S$/100 kg) Coconut oil Bulk FOB 108.00 Old drum FOB 118.00 N«w drum FOB 122.00 Copra Mixed (loo**) 65.00 tellers Pepper til inlj-J, wvwwo* wnfTw FOB NLW 717 JO Sarawak whit# FOB foq NLW 707JO Sarawak special black
      244 words
    • Article
      London markets
      255 7 London Commodity Exchange Buyer/Seller closing prices on Mar 22, (£/tonr»e unless specified). Previous closing prices in parenthesis. Coffee Basis in-stor* London, sellers option C1F London Mar 1110/20 (1137/40) High/Low 1124/07 May 1003/84 (1117/18) High/Low 1100/18 Sal* (6499) Cocoa Mar 805/808 (800/810) High/Low 810/804 May 815/816 (800/802) High/Low 816/806
      255 words
    • Article
      SSR and SMR
      76 7 (<amt/kg) APtll 1989 MAY 1989 (current month) (forward month) RAS NOON •wy*" S*IWn NOON SS» 20 184.30 186J0W 184.30 186JON SSI 30 182.30 184 JON 182J0 184JON MRELB ttjyn t T SMI CV 289.00 291.00N 291.00 293.00N SMI I 288.00 290.00N 290.00 29X00N SMI 5 269 JO
      76 words
    • Article
      RAS and MRELB
      282 7 KL TIN Closing pricai on Mar 23 (Ml/kg) Prtc* Turnover (tonne: 24.32 up 0.10 i) 38 down 52 RAS prices In 8 cmMg, FOB In M« 8 NOON CLOSE ftvyors Seller! Bwyon Sellers In* 1 RSS Prompt 206.00 207.00N 205.00 206.00 In* 1 RSS Apr 89 206.00
      282 words
    • Article
      Lock icon Taipei hurries to set up futures market
      525 7 UPI TAIWAN is scrambling to put together a legitimate futures trading system in the wake of a booming underground market that is getting the best of thousands of eager investors. Unlicensed brokers rule the shady gray areas of futures trading in Taiwan, handling
      UPI  -  525 words
    • Article
      KL Tin
      190 7 TIGHT SUPPLY of tin by miner* enabled the Kuala Lumpur Tin Market price lo climb 10 cents to M 524.32 a kg In continued quiet trading yeetorday. "The small tonnage waa due to eome miners' caution following talks between Indoneala, Thailand and Malaysia on Wsdnssday," one broker said.
      190 words
    • Article
      Lock icon Tin royalty won't be imposed yet
      98 7 Bernama THE MALAYSIAN government will consider re imposing royalty payment for tin production only when the price of the commodity becomes really stable. Deputy Primary Industries Minister Datuk Alias Ali said in Kuala Lumpur on Wednesday that though the price of tin in the
      Bernama  -  98 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      110 7 Singapore's Financial Supermarket YEARS OF GROWTH THE EMERGENCE of Singapore as a financial centre began in 1968 with the launch of the Asian dollar market. This local pride, which deals in foreign currencies, turns 21 this year. To commemorate this special occasion, BT's 1989 Banking and Finance Supplement will take
      110 words
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  • PERSPECTIVE
    • Article
      The helicopter perspective
      461 8 BUSINESS TIMES FRIDAY, MARCH 24, 1989 THE MARGIN for error in Singapore's economic policy making is slim. Singapore does not enjoy the wide buffer in physical size, population and assets that countries with the luxury of scale take for granted. With the descent to slower, moderate economic
      461 words
    • Article, Illustration
      Lock icon Tokyo's street-corner trade war
      1586 8  -  The key to selling foreign-made goods to the Japanese is to get them onto the shelves of "Mom-and-Pop" stores found round every corner. Japan has more shopkeepers than this United States, which has twice the population. But cracking the entrenched distribution system means going up against
      FT  -  1,586 words
    • Article, Illustration
      Lock icon Demand for graduates in UK hots up
      543 8  -  By MATTHEW PEARCE Reuter COMPETITION for higher education graduates is starting to bite in Britain. The most immediate cause is a rise in demand among British companies. But there are also demographic changes that threaten to make the situation tighter and that point
      Reuter  -  543 words
    • Article
      Lock icon New China ties push Indonesia into spotlight
      607 9 UPI A HANDSHAKE thawing 22 years of frozen relations between Indonesia and China has unexpectedly placed Asia's sleeping giant in the international limelight. Indonesia has moved into global prominence by hosting two rounds of Cambodian peace talks, agreeing to resume ties with China,
      UPI  -  607 words
    • Article, Illustration
      Unabsorbed Thai funds for Asia
      973 9  -  Bottlenecks in Thailand caused by roads and ports being fully stretched will lead to foreign investments being drawn to other Asian countries, John Malcolm Dowling, Assistant Chief Economist of the Asian Development Bank, told HARISH MEHTA of the Foreign Desk. Mr Dowling also takes a
      973 words
    • Article
      Lock icon EC members shaping the social structure of a post-1992 unified Europe
      1433 9 What kind of European society is the European Community trying to construct? The search for this answer reveals conflicts of interest between the rich, northern EC countries and their poorer southern partners. NYT THE 12 COUNTRIES of the European
      NYT  -  1,433 words
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      Page 8 Advertisements Column 1
      121 8 THEIR %,V G G PHON ES H^EN'T cy,H G STOPPED BVHG %/Vf> mnmm RING aV^ G ***e 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
      121 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      41 8 Lccucorne To Tne cnesTeß ORGP>MISP>TioM \r\CPC YOO yooß sTfiV U\TH US j i'uu Ee Ptu Right V Just Pur me in f\Nj V yVoFFce Full oFmog &mTy, Pekjowwev., S. J DeprQ,' Nft 4. v 4 CVCNMQ STANOANO CO. I.TO. IMI-tl o £>?
      41 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      155 9 am »kep»o ,dLrfe k "VMST •sjfcstasg!^ '-iJ.^rjrr 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
      155 words
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      Page 9 Advertisements Column 2
      43 9 Specialists m Fine humdJaumd Cap** Sunday, March 26,1989 Grand Ballroom Hilton International Singapore All lots are guaranteed and backed by a full trade in value at our showroom. Auctioneers Cheong Koon Seng (CKS) Auctioneers Valuers Pte Ltd TeL SSB 8185/338 84€ i j
      43 words
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  • LEISURE
    • Article, Illustration
      Lock icon Sale of Japanese print fetches record US$462,000
      169 10 ART UPI AN UNIDENTIFIED Japanese bidder paid U*****,000 at an auction in New York on Tuesday for a Japanese woodcut print portrait of an 16th-century kabuki actor, setting a new world record for a Japanese print. The print of the actor Sakata Hangoro
      UPI  -  169 words
    • Article, Illustration
      Lock icon Exciting clothes for real life
      640 10  -  FASHION By BERNADINE MORRIS NYT YVES SAINT LAURENT brought the fall and winter fashion showings in Paris to an end on Wednesday with a rousing collection that had the audience on its feet, cheering and applauding long after the designer had walked down the runway
      NYT  -  640 words
    • Article, Illustration
      Lock icon The ideal diet: what's in, what's out
      664 11 FOOD NYT FIVE SERVINGS of fruits and vegetables, six servings of starches and just six ounces of meat a day unlike the recommendations of previous reports on the relationship between diet and health, the US National Research Council was quite specific when it
      NYT  -  664 words
    • Article
      Lock icon Prices for 1988 Bordeaux 'disappointingly high'
      903 11 WINE NYT THE FIRST of the important Bordeaux chateaua announced the price for Its 1988 vintages last week and it was disappointing news for wine buyers. Chateau Mouton-Roths-child "came out", in the phrasing of the wine trade, at 180 francs (about S$80) a bottle,
      NYT  -  903 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      837 10 Where to entertain... Where to entertain... Where to entertain... Where to ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE OF MAIN (XXRSES. PALM m For between $26+ and $40+ yon can select from our appetiser vjKILL buffet including seafood, smoked
      837 words
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      Page 10 Advertisements Column 2
      246 10 Have a Greek tnear. »ua .-A m OfIt's been called the food of the gods and no wonder! The largest buffet spread of tantalising Greek dishes. Yalantzi Dolmathes (stuffed grape vine leaves), Shish Kebab and Skembe Yahni (tripe stew) are just some of the excellent choices available. If you've never
      246 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      201 11 entertain.. There's a cafe on a lush, green hi 11... where you can take a break. Meet friends. Relax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Cuny. Rahmschnitzel. Hainanese Chicken Rice. And much more. At Cafe in the Park A© C enturv
      201 words
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      Page 11 Advertisements Column 2
      77 11 SOME THINGS NEVER CHANGE.. like romancing, candle-light dinners and good 010-tasmoned dancing especially cha-cha tango, foxtrot samba .waltz, the list goes on At the Hearthrob you can relive those magic moments of yesterday and iwho knows 7) maybe create new ones Happy Hours Daily from spm to Bpm Buy one
      77 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      671 11 CRYPTIC PUZZLE 4 Forced to break up an outbuilding (6) 7 Unique line in transport (8) 8 Does wrong in giving a vehicle directions (6) 10 Bird with a wooden leg (5) 13 A measure of advancement (4) 14 Ring Henry, love (4) 15 On which to walk over water?
      671 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      1367 11 TV and RADIO Skating to success OUR CHOICE SKATE!, 10.30pm, Channel 5 A manipulative and relentless coach, an ambitious mother and a gifted 15-year-old girl make up this movie about the glossy world of figure skating. There's also a moral here and there about selfishness and how some people try
      1,367 words
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  • SPORTS
    • Article
      April Fool's Day date for sevens spectacular
      418 12  -  RUGBY By CHARLES SAVAGE APRIL FOOL is Hongkong's 14th perilous date with rough, rowdy but very friendly rugby giants battling for honours in the Cathay Pacific/Hongkong Bank Invitation Sevens. In the first stage of the competition, 24 teams will pit their wits and
      418 words
    • Article, Illustration
      Lock icon Detroit rides roughshod over Spurs
      544 12 BASKETBALL AP JOE DUMARS scored six of his 20 points during a 17-3 secondquarter run on Wednesday, helping the Detroit Pistons to a 115-94 victory over the San Antonio Spurs. The victory, which clinched a play-off berth for the Pistons, improved their record to 47-17,
      AP  -  544 words
    • Article
      Lock icon Gruelling Safari event gets off to roaring start in Kenya
      332 12 MOTOR RALLY AP THE SAFARI RALLY, one of the world's most gruelling tests of drivers and cars, opened yesterday with 59 teams racing across 4,217 km of scorching desert and muddy mountain terrain. The vehicles, ranging from sleek, high-powered factoryprepared
      AP  -  332 words
    • Article
      Lock icon Colombian wins third stage of Tour of Catalonia
      112 12 CYCLING AFP COLOMBIAN Pedro Saul Morales won the 183-km third stage of the Tour of Catalonia from Lerida to Andorra La Vella on Wednesday while third-placed West German Raimund Dietzen took the overall lead from England's Malcolm Elliott. Stage: 1. Pedro Saul
      AFP  -  112 words
    • Article, Illustration
      Lock icon Connors powers way through to victory
      483 12 TENNIS AP FOURTH-SEEDED Jimmy Connors won a first-set tie-breaker and defeated Arnaud Boetsch of France 7-6, 6-1, 6-1 on Wednesday in the second round of the International Players Championships in Florida. Connors joined top-seeded Ivan Lendl in advancing on the third day of the
      AP  -  483 words
    • Article
      Lock icon Clay courts on the cards for Wimbledon
      315 12 AP WIMBLEDON, bastion of grasscourt tennis, is putting up the first clay courts in its history, but has pledged that the clay will never be used in its prestigious Grand Slam tournament. Roger Ambrose, secretary of the All England Lawn Tennis Club that
      AP  -  315 words
    • Article
      Lock icon Unbeaten champion in the shadows
      589 12 BOXING AP MICHAEL NUNN is an unbeaten champion, who's in a box because of politics and a couple of guys named Leonard and Duran who won't go away. Nunn will fight Sumbu Kalambay on Saturday night at the Las Vegas Hilton. The scheduled 12-round bout
      AP  -  589 words
    • Article
      Lock icon Replacement summoned for injured Srikkanth
      208 12 CRICKET AFP INDIA has summoned a replacement for injured vice-captain Krisnamachari Srikkanth on its current tour in the West Indies. Indian manager Srinivasa Venkataraghavan said in Georgetown, Guyana, on Wednesday. He did not identify any player who might be sent, but team sources said he
      AFP  -  208 words
    • Article
      Lock icon Commissioner Rozelle retiring after 30 years
      181 12 AMERICAN FOOTBALL AP PETE ROZELLE, who transformed the US National Football League into an American institution. shocked league owners on Wednesday when he tearfully announced his retirement after 30 years as commissioner. Rozelle said in Palm Desert, California, that he wanted to step down
      AP  -  181 words
    • Article, Illustration
      Lock icon Rose keeps mum about investigation
      884 12 BASEBALL AP CINCINNATI REDS manager Pete Rose talked about his hair. He talked about his team. He talked about his kids. Just don't ask him about gambling. A light-hearted Rose talked with the news media for 45 minutes in Plant City, Florida, on Wednesday, cracking
      AP  -  884 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Holding Marina House through lean years pays off
      438 13 m®2L» By HOCK LOCK SIEW THE MARINA House sale by Malayan Credit to Wing Tai (or $79 million is fanning an already bullish property market, creating a new benchmark for other potential transactions. The sale also buoyed share prices of both Wing
      By HOCK LOCK SIEW  -  438 words
    • Article, Illustration
      NOL no longer classified controlled carrier in US
      468 13  -  By MAGDALENE NG NEPTUNE ORIENT LINES LTD has finally won its long-drawn battle to drop its controlled-carri-er status in the United States, giving the shipping company operational flexibility to compete equally with all the other shipping lines in the world's largest liner
      468 words
    • Article
      Metrobilt unit swapped for 25pc CASH stake
      394 13 METROBILT PTE Ltd (MPL), a subsidiary of Metro Holdings Ltd, will acquire a 24.99 per cent stake in Construction and Supplies House Bhd (CASH) in exchange for its wholly-owned subsidiary Metrobilt Construction Sdn Bhd (MCSB). MPL, 85 per cent owned by Metro, has
      394 words
    • Article
      Lock icon Antah Oiitools buys machine shop in Jurong
      180 13 Bernama ANTAH Oiltools Services Sdn Bhd has purchased a machine shop in Jurong costing US$2.8 million. Antah Holdings managing director Tunku Imran Ibni Tunku Ja'afar said in a statement on Tuesday that the machine shop has the ability to carry out tubular repairs
      Bernama  -  180 words
    • Article
      BONDS, LOANS & WARRANTS
      489 13 BONDS, LOANS WARRANTS Company ill <%7 01 CK Tang Wm *****990 Oman Hup Wrti 1991 City D*v Bond* 1994 5% Oty D*v Wrt* 1992 G Corp CUIS 1989 10 H Prop Bonds H Prop Wm 1993 1993 4 H Tal-Pan Wm 1992 Inno-Pac Loon krmo-Poc Wm 1992 1992 6 JC-MPH
      489 words
    • Article
      Stanley Ho, Vincent Tan reach accord on SSMC takeover
      498 13  -  By HERMAN PHUA THE TWO-MONTH takeover battle for US-based SSMC ended with an announcement on Wednesday that its two contenders Malaysian businessman Vincent Tan and Macau casino king Stanley Ho had reached an agreement. Under the agreement. Mr Ho's Hongkong-based Semi-Tech
      498 words
    • Article
      Lock icon Yeo Hiap Seng (M) to undergo restructuring
      429 13 Bernama YEO HIAP SENG (M) Bhd (YHSM) has proposed a restructuring plan which will increase the level ol bumiputra participation in the company to 30 per cent and Singapore-based Yeo Hiap Seng (Ltd)'s (YHSL) shareholding from 36.93 per cent to 40 per cent.
      Bernama  -  429 words
    • Article
      Lock icon SEAL'S interim pre-tax profit rises 108pc to M$4.78m
      184 13 Bernama SEAL Incorporated Bhd reported a 108 per cent increase in group pretax profit to M 54.78 million for the half year ended Dec 31, 1988, against M 52.30 million previously. Turnover rose by 50 per cent to Ms 34 76 million
      Bernama  -  184 words
    • Article
      RDC records 10-fold rise in profit following turnaround
      344 13 RESOURCES DEVELOPMENT Corporation Ltd, whose earnings have fallen drastically over the past three years, has shown a 10-fold improvement in after-tax profit. For the year ended Dec 31, 1988, the group posted an after-tax profit of $1.49 million compared with $131,000 in
      344 words
    • SES
      • Article, Illustration
        Investors continue to focus on lower-liners amid hectic trading
        791 14  -  by ANDREA BORCH INVESTORS CONTINUED to buy second- and third-line stocks and warrants yesterday as the local market experienced another day of hectic trading. Still, late buying could not make up for early profit-taking. The Straits Times Industrials Index lost 2.71
        791 words
      • Article
        Unit trusts
        313 14 Managers' prices for March 24 Singapore Unit Trust Tit* Commerce 106 1.12 The Savings Fund 0.90 0.95* S pore Prog Fund 0.41 0.45 S'pore Sec Fund 0 69 074 S'pore Invest Fund 0.74 079 S'por* Equity Fund 050 0 54 Asia Unit Trust Mai Invest Fund 1.51 1.61
        313 words
      • Article
        COMPANY MEETINGS
        130 14 WILKINSON PROCESS IBER COMPANY BERHAD: 57th AGM at the Registered Office, No. 9 Jalan 222. ***** Petaling Jaya on Monday. March 27, at 2.30 pm QOOOWOOO PARK HOTEL UMITEO: 41st AGM at the Tudor Ballroom, Goodwood Park Hotel, 22 Scotts Road. Singapore 0922 on Thursday. March 30, at
        130 words
      • Article
        APPROVED ISSUES
        109 14 Company RIGHTS ISSUE D C Bonk OnetorNto $0 75 per thore E* dote: March 9 Boo** do** March 23 Acceptance Payment May 12 George Town Three-tor two Q $1.00 per iliore Ex dote: March 13 Book* cto*e March 28 Acceptance fay tent: May 12 Inno-Pacific Three-lor-two )l 30
        109 words
      • Article
        PROPOSED ISSUES
        319 14 Company RIGHTS ISSUE Ayer Hitom Tin One for one Q $1 10 per shore Berjaya Corpn One-lor-one (1 00 por per share C 1 Holdings 27 million loan stocks in rite ratio of $3 loan stock kx every five ordinary -> L -I J Causeway Inv wofti fwd
        319 words
      • Article
        SES SHARE INFORMATION SES SHARE INFO
        5978 14 1MSJ High Low Tel Cod* Company Last Sale MAR 23 orVol (•000) Day High Low I LMt Ou layer S< ate rtter Qr*s Dtv Dtv Cvr Or** rid Net P/E M Cap SmN SECTION ONE INDUSTRIAL ft COMMERCIAL 162 85 260 167 135 460
        5,978 words
    • KLSE
      • Article, Illustration
        Lock icon KL bulls take a breather
        3447 15 MBT AFTER TWO DAYS of Qaina. share prices encountered profit-taking to close mixed with a firmer biaa on the Kuala Lumpur stock market yesterday. Bulls showed signs of fatigue after the run-up and decided to take a breather. Moreover, gains chalked in the past two
        MBT  -  3,447 words
    • REGIONAL MARKETS
      • Article
        Lock icon 'Manila bourses hampered by over-regulation'
        451 16 Reuter THE PRIVATE SECTOR is leading the economic recovery of the Philippines but growth of the stock exchange is limited by government regulation, the president of the Makati Stock Exchange said. Vivian Locsin, the first woman president of the twin Manila and Makati exchanges, said
        Reuter  -  451 words
      • Article
        Lock icon Citic buys 20pc stake in Cable and Wireless unit
        110 16 AFP A STATE-OWNED Chinese company has purchased a 20 per cent stake in a Cable and Wireless pic subsidiary in Macau, the British telecommunications concern said in Hongkong. China International Trust and Investment Corp (Citic) bought the stake in Companhia de
        AFP  -  110 words
      • Article, Illustration
        Lock icon Shares end off lows
        518 16 Australia Reuter THE AUSTRALIAN share market closed weaker yesterday but up from its lows following a solid round of options-related buying. By the end of half-day floor and computer trading at 1215 AEST ahead of the Easter break, the All Ordinaries Index was just 1.4 points
        Reuter  -  518 words
      • Article, Illustration
        Lock icon Stocks finish higher
        549 16 Tokyo Reuter TOKYO share pricee yesterday had a winning session after four straight losses, but turnover was light. The buying was mainly due to bargain hunting after the recent declines, and prices were boosted further by index futures-related buying, brokers said. The Nikkei index rose 145.42 points,
        Reuter  -  549 words
      • Article
        Lock icon Elders to look away from UK for window into Europe
        335 16 AFP ELDERS-IXL Ltd's failure to expand its British brewing operations was a major setback for the Australian conglomerate. Mr John Elliott its chief executive, will have to look elsewhere for a window into Europe, analysts in Sydney said on Wednesday.
        AFP  -  335 words
      • Article, Illustration
        Market firmer in lacklustre trade
        1346 16 Hongkong LOCAL speculative interest In second-liners nudged Hongkong stocks slightly higher yesterday in lacklustre trade on the eve of the long weekend, brokers said. Hongkong will be closed today and Monday for Easter. "I can sum up the market in two words: very boring," said
        1,346 words
      • Article
        Lock icon Seoul: Mixed trading
        177 16 Reuter SEOUL STOCKS rose fractionally in mixed trading yesterday with private investors doing most of the buying while institutions were sidelined, brokers said. The composite index closed at 983 55, up 1.99 points from Wedneeday's close. Turnover was 407.4 billion won against 523.4 billion in the previous
        Reuter  -  177 words
      • Article
        Lock icon New Zealand: Flat market
        176 16 Reuter THE NEW ZEALAND share market was flat and featureless in half-day trading yesterday ahead of the Easter break. "It was a typical drifting market going into a long weekend." one broker said. The market reopens on Tuesday. The Barclays Index rose 3.28 points to 1.928.59.
        Reuter  -  176 words
      • Article
        Lock icon Bombay: Sharp increase
        196 16 Reuter BOMBAY share prices rose sharply yesterday in active trading for new accounts after contango (carry-forward) charges were fixed lower than feared earlier, brokers noted. They said contango charges were fixed at 36 per cent instead of an anticipated 50 per cent and this cheered the market.
        Reuter  -  196 words
      • Article
        Lock icon Taipei: Higher finish
        417 16 Reuter THE TAIWANESE stock index gathered steam after a weak opening yesterday and surged to a higher finish as investors pushed prices up almost across the board. The weighted index gained 139.27 points, or 1.9 per cent, to finish at 7,340.26 compared with Wednesday's 7,200.99 close. Turnover
        Reuter  -  417 words
      • Article
        Lock icon Bangkok: Index down
        152 16 Reuter THE Securities Exchange of Thailand Index fell 0.97 points to 434.63 yesterday on a turnover of 6,157,879 shares worth 443.53 million baht. Reuter MAN 23 I BAHT Ao Kham Thai 388 -12 Ayudhya Invaatmanl L 37 unch Bangkok Agro-tnd 123 -2 Bangkok Bank 275 unch Bank
        Reuter  -  152 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Technology stock fall raises fears
        811 17 New York Reuter WEAKNESS in technology issues raised fears of a recession and pushed Wall Street stocks lower on Wednesday, despite support from higher bond prices, analysts said. The stock market shrugged off a 3.6 per cent drop in February durable goods orders, a decline
        Reuter  -  811 words
      • Article, Illustration
        Equities open mixed
        968 17 London LONDON share prices were mixed yesterday but with a weaker bias in quiet early trading, reflecting caution ahead of UK February retail price data, due later yesterday, dealers said. The market expects to see a rise of 0.6 per cent in February, giving a year-on-year gain
        968 words
      • Article
        Selected indices
        106 17 HONGKONG Hongkong Indox Thursday 2.022 73 Wadnasday 2X***** Waak ogo 2.084 69 All Industrials Thursday 2.438.3 Wadnasday 2.4471 Wart ogo 2.471.9 NEW YORK Hang Song Indox Thursday 3.049.62 W?Moy 3.***** W««t ogo 3.***** Dow Jonos Wadnasday 2J6321 Tuasday 2.266.25 Waak ago 2.320 54 TOKYO Nlkkol Avorago Thursday 31.*****
        106 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1449 17 Reuter FRANKFURT: German shares closed mixed yesterday with a slightly firmer bias in thin, listless trading. Turnover remained minimal before West Germany's four-day Easter break. Dealers said a string of positive corporate results had failed to give prices much underlying support, while news that West German M
        Reuter  -  1,449 words
      • Article, Illustration
        Lock icon AA places major orders for Fokker and Boeing planes
        353 17 Order largest in Fokker's history Reuter AMERICAN AIRLINES has placed two major orders for 75 aircraft from Dutch manufacturer Fokker and 35 from Boeing Co, sources said. All but ten of the jetliners will be powered by Rolls Royce engines. The
        Reuter  -  353 words
      • Article
        Lock icon Swiss civil court orders Nabisco to safeguard rights of bond holders
        428 17 Reuter A SWISS civil court has ordered FUR Nabisco Inc of the United States not to sell any assets or to restructure until it has deposited money in Switzerland to safeguard the rights of holders of a Nabisco bond.
        Reuter  -  428 words
      • Article
        Lock icon Court upholds halt on Minorco's Gold Fields bid
        415 17 Reuter A US Appeals Court has upheld a lower court ruling halting South African-controlled Minorco's U555.65 billion hostile bid for Consolidated Gold Fields of Britain on anti-trust grounds. Legal experts on Wednesday said it was the first time a US Federal Appeals
        Reuter  -  415 words
      • Article
        Lock icon Two London banks suffer huge losses
        341 17 FT TWO OF the City of London's leading merchant banks have reported heavy losses, underscoring the serious plight of the UK financial markets since the middle of last year. Kleinwort Benson disclosed on Wednesday that it lost £17.3 million in the second half of
        FT  -  341 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      457 13 il ABN Bank NOTICES THE COMPANIES ACT, CAP. M ULUSOY TRADING PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary Oeneral Meeting of Uluaoy Trading Pte Ltd duly convened and held on 14 March 1969, the following special resolution was passed:WINDING UP It was resolved that the company be wound up
      457 words
    • Advertisement
      Page 13 Advertisements Column 2
      349 13 ITS" 1 mwii" m i rm l 11=5 MATTER (PRIVATE) (In Members' Voluntary f Liquidation) NOTICE 18 HEREBY O*VEN that the creditors of the abovenamed Company* which la being voluntarily wound up, are required, on or before the 25 day oL April 1966 to send In •et*? names and addresses,
      349 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      58 16 ON SALE NOW! [J A r nrf nil 1 tW MCMP)2O7'7/88 VOL 13 NO 3 MARCH 1969 MONTHLY $4 T NKCTION Off For Local Businessmen «»>* an 'wms&k i -mm*. V* -v- aralfe > 1 *0 'v ft -a"3 C?::* -if ■mw r-P 'i? 4 V y *'Vr&V Mr Unw
      58 words
    • Advertisement
      Page 16 Advertisements Column 2
      14 16 TIMES I business Directory of Singajxnv (BUKU MERAH) A VALUABLE ASSET, IN ANY OFFICE,
      14 words
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  • Article, Illustration
    'Asean may have to accept looser alliance'
    493 18  -  New rallying points may be needed in future By WALTON MORAIS THE FLUID, complex political landscape in South-east Asia means it may no longer be realistic for all six Asean countries to define their interests in a common manner on specific issues, said
    493 words
  • Article
    'Asean cannot be complacent despite superpower detente'
    457 18 ALTHOUGH the state of relations between the big powers of the world are currently in a state of detente, Asean and the rest of South-east Asia cannot afford to be complacent. This is because historical factors, differing socio-political and economic systems, and a
    457 words
  • Article
    S'pore, Pakistan to expand economic ties
    284 18  -  By MALINI TAMBYAH of the Foreign Desk PAKISTAN AND Singapore plan to expand their economic relations. Pakistani Charge D'Affaires in Singapore Mr Abdul Hamid Afridi told BT yesterday. "Singapore will be sending a trade delegation to Pakistan in May. This should further strengthen economic
    284 words
  • LATE FILE
    • Article
      Lock icon US GNP figure revised upwards
      36 18 AFP THE US Commerce Department yesterday revised its figure for GNP growth in the last quarter of 1968 from 2 per cent to 2.4 per cent on an annual basis. AFP
      AFP  -  36 words
    • Article
      Lock icon CAAC plans to buy 90 planes
      56 18 AFP CHINA'S national airline, CAAC, plans to buy 90 large planes before 1993 to meet growing demand on domestic and international routes. Some 60 will be bought from the US, the Soviet Union and Europe, and the rest assembled in China, CAAC direc-tor-general Hu
      AFP  -  56 words
    • Article
      Lock icon Airlines served hijack warning
      46 18 UPI THE US Federal Aviation Administration has issued a warning about a possible airline hijacking by three Lebanese Palestinians over the Easter holiday. An FAA memo dated March 17 warns all airlines and security forces in the US, Britain and Europe. UPI
      UPI  -  46 words
    • Article
      Lock icon 'China not in touch with Lama'
      52 18 Reuter THE DALAI LAMA's office in India has denied reports that China had been in touch with the exiled Tibetan leader. "There has been no new direct contact between His Holiness the Dalai Lama and the government of the People's Republic of China," it
      Reuter  -  52 words
    • Article
      Lock icon Cuepacs spurns call for talks
      40 18 Bernama THE Malaysian Congress of Unions of Employees in the Public and Civil Services (Cuepacs) has rejected an invitation to talks with the Minister in the Prime Minister's Department, Datuk Dr Yusof Noor, tomorrow. Bernama
      Bernama  -  40 words
  • Article
    Lock icon Umno re-acceptance deadline stays
    75 18 Bernama THE MARCH 31 deadline for automatic re-acceptance of former Umno members will not be extended, party secretary-general Datuk Mohamed Rahmat said yesterday. "The Umno supreme council feels the three-month grace period since last December is suffi- cient," he said at Parliament House in Kuala Lumpur.
    Bernama  -  75 words
  • Article
    Lock icon Communist remnants blamed for problems over Java dam
    449 18 AFP PRESIDENT SUHARTO yesterday blamed remnants of the outlawed Indonesian Communist Party (PKI) for the problems surrounding a World Bank-funded irrigation dam in Kedung Ombo "I know that the Kedung Ombo area used to be a stronghold of the PKI, so that
    AFP  -  449 words
  • Article
    Lock icon S'pore, Indonesia rule out Asean military pact
    235 18 Reuter, AFP 9 SINGAPORE and Indonesia have ruled out any military accord by Asean "There's no intention to move towards a defence pact. There's no need for a defence pact." Singapore Chief of General Staff Lieuten-ant-General Winston Choo told reporters in Jakarta yesterday.
    Reuter,; AFP  -  235 words
  • Article
    1st Deputy PM to host party
    83 18 THE FIRST DEPUTY Prime Minister, Mr Goh Chok Tong, and his Cabinet colleagues will host a garden party at the Istana for private sector establishments next Saturday. The occasion is to thank them for their contributions to the nation. About 200 professionals and business
    83 words
  • Article
    Lock icon S'pore wants to know how Rukunegara was conceived
    174 18 Bernama THE SINGAPORE Government's proposed study of Malaysia's Rukunegara is part of the Republic's efforts to develop its own national ideology. Singapore High Commissioner to Malaysia Mr S R Nathan said yesterday. Singapore was interested to know how the Rukunegara was conceived
    Bernama  -  174 words
  • Article
    Lock icon DAP leader withdrawing appeal
    71 18 AFP DETAINED Malaysian opposition leader Lim Kit Siang is withdrawing his habeas corpus appeal to the country's Supreme Court, his daughter said yesterday. Lim Hui Ying said in Kuala Lumpur that the Democratic Action Party leader had decided to withdraw his appeal tor an inquiry into
    AFP  -  71 words
  • Article
    'Asean diversity may work against idea of free trade agreement with US'
    685 18 A STUDY ON the possibility of having a US-Asean Free Trade Agreement (FTA) has shown that it may not be workable because of the diversity of the Asean economies, cultures and political systems. A report released by the
    685 words
  • Article
    Lock icon KL government approves higher air fares to Britain
    144 18 AP THE MALAYSIAN government has approved a request from foreign airlines to increase air fares from Malaysia to Britain, Malaysian Transport Minister Ling Liong Sik said in Kuala Lumpur yesterday. Mr Ling said in a statement that the fare increase was necessary
    AP  -  144 words
  • Article
    Lock icon South-east Asia, Japan to hold talks on regional cooperation
    290 18 AFP JAPAN and South-east Asian nations have agreed to hold informal talks involving trade and industry ministers from Asia and the Pacific on regional economic cooperation. Shigeo Muraoka, deputy minister at the Ministry of International Trade and Industry, reported to Prime
    AFP  -  290 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      96 18 THE W5 r PENTHOUSE (HOLLAND RD) RESTAURANT 1211 Holland Avenue 304-01 HoliTui Shopping Oentr Spore 10P7 Te' J*****P 4R9H952 FREE! One Suckling Pig, for every table of Suckling Pig Set menu ordered. No Take-aways LOCAL SUCKLING PW SET MENU $288 Cold Dish Special Shark'* Fin Soup with Crab Meat Local
      96 words
  • Page 18 Miscellaneous
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  • SHIPPING TIMES
    • Article
      KPA expects to handle more cargo this year
      375 19  -  By G DURAIRAJ THE KLANG Port Authority expects to handle more than 17 million tonnes of cargo this year following a successful 1988 when cargo hit a new record of 15.8 million tonnes. Last year, cargo volumes rose over 19.7 per cent
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      Shipping supplement
      77 19 GET AN IN-DEPTH LOOK at Singapore's bustling maritime industry on April 3 when BT publishes a special, information-packed supplement on the Poft 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
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    • Article
      Lock icon South Korea to bail out Daewoo shipyard
      290 19 AFP THE South Korean government has finalised a plan to rescue the country's second biggest shipyard, Oaewoo Shipbuilding and Heavy Machinery Ltd, from certain bankruptcy, officials said. The financial bailout plan will be submitted to the Parliamentary Finance Committee shortly for approval, they
      AFP  -  290 words
    • Article
      Bangkok Cranage given end of month to remove cranes
      213 19  -  By RICHARD NG THE Port Authority of Thailand will slap a hefty fine on Bangkok Cranage Corporation if they fail to remove all their cranes from the port premises by the end of this month, apparently in retaliation for the suit
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    • Article
      CONSORTIA
      163 20 THE MAJOR shipping consortia operating between the Far East/European. Far East/Persian Gulf. Straits ports/Australia, Straits/Japan and the member lines: ACE (Far East/Europe): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (Straits/Australia): Australian National Line Australia/Straits Contain- er Line Djakarta Lloyd Nedlloyd
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    • Article
      Sale of NZ corp a big blow to ANL's trade plan
      448 20  -  Act will purchase all the shares By JOHN SPIERS SELECTION by the New Zealand government of the British Act Consortium to buy the Shipping Corporation of New Zealand Ltd is a major blow for the Australian National Line's attempts
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    • Article
      INDEX TO ADVERTISERS
      1012 20 AS Shpg V 9 ABC Comomot n l Accord Shpg VI 1/2 AfS n 3 AJtruk—1 linar 1 4 AJbotro* Sao-Air AJHroni V IV 3 1 AC Toaplar n 3 Aawrican Tpl X 4 Awo IV w Arrow Unoi n 3 A HOC Corrnga n 3 AN(
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    • Article
      ONGC told to give better treatment to Indian companies
      394 21  -  By SHIRISH NADKARNI THE INDIAN domestic shipping companies engaged in the business of operating Offshore Supply Vessels (OSV's) for the Oil and Natural Gas Commission (ONGC) must have heaved a sigh of relief. The Indian Petroleum Ministry has directed that the
      394 words
    • Article
      Lock icon Builders want production cartel extended
      229 21 Reuter JAPAN'S 24 shipbuilders have filed an application to have their two-year-old production cartel extended for another year, a Shipbuilders' Association of Japan (SAJ) official said. The SAJ official said he expects the application to be approved by the end of March. He said the
      Reuter  -  229 words
    • Article
      Lock icon EC approves state aids to two yards
      109 21 Reuter THE European Community's executive commission has approved planned state aids to shipyards in West Germany and Denmark. The West German aid is a capital injection of 37.7 million deutschemarks by the federal state of Schleswig-Holstein in Kiel-based Howaldtswerke-Oeutsche Werft AG. in which
      Reuter  -  109 words
    • Article
      Lock icon Staff to buy out Belfast shipyards
      277 21 AFP STAFF of the state-owned Harland and Wolff company are to buy out the troubled Belfast shipyards in a plan that could cost the British government £500 million. The buyout, which also involves Norwegian shipping magnate Fred Olsen, was announced by Secretary of State
      AFP  -  277 words
    • Article
      SHIPPING EVENTS
      446 21 March 28 ROV seminar, 1415 hrs, Institute of Marine Engineers, The Memorial Building, 76 Mark Lane, London EC3. April 3-5 Singaport'B9, Raffles City Convention Centre. Contact: The Conference Manager, Times Conference Re Ltd, 19 Tanglin Road, #12-01, Tanglin Shopping Centre, Singapore 1024. April 4 Auto-draught recorders, technical meeting,
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    • Article
      SHIPPING LIST
      6937 26 AARIBJO Ever GoocM Evargraan. March 19 Ming Pi Maura Vang Ming. March 29 Nad O*M. ScanOutcht March 27 Sha Ma, China Ocaan Shpg March 26 North Saa. Noraala Lma March 2* Nippomca Trlet. March 26 Tolaga Bay. Trlot. March 30 Evar Qlamour Evargraan. March 31 VHIa da Mart.
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    • Article
      LONDON FREIGHTS
      1021 26 ACTIVITY remained subdued on the dry cargo charter market on Wednesday where fresh enquiry was also slow to emerge, brokers said. Brokers said time-charter business Involving Soviet charterers was reported but failed to find confirmation. The Robin L. of 64,059 tonnes dw built 1976, was believed fixed to
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    • Article
      SHIPS IN PORT
      1422 26 AT CONVENTIONAL WHARVES VmmI Bartl l» Arrival Departure KEPPEL WHARVES Conhnanl 1 KI9 olongsida 2703/2300 Co "but K28 olongtida 2503/0600 Fangtoo K29 olongsida 2703/2300 Hossal KI7 olongsida 2403/1930 K ota Moki Ul olongsida 25 03,0600 Roto Wong. U2 olongtida 2703*0600 Nad A/nantoof' CIO olongsida 24 03*0600 NHa
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      BUNKER MARKET REPORT
      565 28 I f Density Water Carbon Ash Aluminium Sediment 1 Residue f KG/M*3 V/V M/M M/M PPM M/M t Exxon 1 1 1 method KO/Cimac limits Spec E25 991 1.0 15.0 0.10 30* 0.15* Spec G35 991 1.0 18.0 0.15 30* 0.15* Northern Europe 180 Ave 982 0.2
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      931 19 V t. TIMES STP Distributors OOCL fo Sirvlct; Tf f f Tfff tTf f nj»rnx* Jardines 200 Cantonmont And #12-06 Southpowt, Singapore OWB TK *****11 TELEX NO RS ***** FERMI NAL/CFS T«t *****11 220 BOOKINGS T«t *****34 23$ PESAKA IMMK SHIPPING AGENCIES SON. BHD PORT KEtANG TEL: *****18 Totes No.
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      Page 19 Advertisements Column 2
      91 19 mm SELECTION by the New Zealand government of the British Act Consortium to buy the Shipping Corporation of New Zealand Ltd is a major blow for the Australian National Line's attempts to improve its regional trade share. Pag« II THE INDIAN domestic shipping companies engaged in the business of operating
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      Page 19 Advertisements Column 3
      1025 19 TIMES STP Distributors Tmm* Pubhshtng Group MAERSK LINE DESTINATIONS T o Canlom< j-US Gu *-0S Atijnti -Ejs Caoaoj-i Wat«' S« REGINA M LEXA M MCKMNEV M LEOA M UCA M MARIT M MARCHEN M MARORETHE M Thla aw* Regi CY 26/3 0700 M CFS 27/3 2100 I REGINA M LEXA
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      Page 20 Advertisements Column 1
      566 20 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG I SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/I ANTWERP TOKYO BAY NIPPONICA TOLAGA BAY HONGKONG EXPRESS MONTE ROSA ALASKA MARU CITY Of EDINBURGH LARGS BAY ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AAKHUS, GOTHENBUR6, MALMO, HELSINKI, OSLO, AMSTEROAM, CARIBBEAN S. AMERICA
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      Page 20 Advertisements Column 2
      17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
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      Page 20 Advertisements Column 3
      776 20 <M m IKL L r _S2.V TO EUROPE NORTH SEA V 9903-3 NOR ASIA AL MUNTAZAH V 9904-3 NOR ASIA SAMANTHA V 9905-3 WOENSORECHT V 9906-3 REGULAR (VIA FEEDER) PEN PKL 25/3 2V3 1/4 If* 17/4 19/4 25/4 2S/4 Also acctptinf earn to all U.K. Dvstinatiom, Scandinavian (Aarttus, Coptnhagon, Gothenburg)
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      Page 21 Advertisements Column 1
      993 21 The Straits Steamship Group STRAITS SHIPPING Singapore to Sateh, Sarawak. Brunei Ports and Bangkok P&O W^Containers CONTAINER SERVICE TO UK/CONTINENT Abo Accepting Cargo Fori K—tW! I* f AwHm. Goltwikurf, Mm, Stockholm, I BaMaiSaai it (Hi*. U*». fur** Yw«i«»4n :to alt UN MoKicm. Bottait ind OuMin CONTAINERSHIP SERVICE FROM UK CONTINENT
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      Page 21 Advertisements Column 2
      608 21 C SAV SyC£"'?r CJrJCO .J S J >'jn TO/FROM CHU! I FEEDER STORE MOTHER VESSEL HK TOKO MICA IQQ AHTOFVALP SAJ VESSEL I iCSAV 2 *H C VtSStL (CSAV J »4 IA VESSEL ISH *4 www CARGO FOR PUNTA ARENAS, TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Agents Singapore
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      Page 22 Advertisements Column 1
      429 22 HSI NOSE MARITIME PTE LTD iln ISLAMIC RtPUBLIC OP 1L"1I IRAN SHIPPING LINKS A'iC> 7T IRAN BAYAN PJLMI Singapore Loading for:Sid BANOAR ABBAS KYOWA LINE MOTHER VSL KYOWA VIOLET V.24 KYOWA HIBISCUS V 31 LOAD FOR: VILA. NMA, LTK, SUVA. PAGO. APIA GUAM. SAIPAN, HRA, VILA. NMA. LTK. SVA, PAGO.
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      Page 22 Advertisements Column 2
      1138 22 HANJIN SHIPPING CO., LTD. >N TAINE-'RIStT -FP.V! Pro"EUROPE VIA SUEZ TO USA PACIFIC SOUTh WEST 1 CHOVANG SUCCESS 2W HANJIN TONC HAI 67* HANJIN ROTTERDAM 2W CHOYANG SUCCESS 41W LaHavr* R'dwi Htairi i 1»"« 12/4 13/4 14/4 1M 17/4 19/4 20/4 71/4 23/4 24/4 26/4 27/4 21/4 30/4 1/5 3/S
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      Page 22 Advertisements Column 3
      1399 22 EVERGREEN Fuh Con tame- Service Round-The-Wortd East Bound (FE/CARIB/USEC/EURO/FE) R, y.£ SS. Sff. y T OS* TTO CMS ML wye UIV ANW —I FU nJ 3£ 2S Sff S! W M "i» iw iw 2S 5S SE }£S i?C wb w« f MM* VIH 17/ M OJ» 24 W 17*5
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      Page 23 Advertisements Column 1
      997 23 MtMU PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE MAJAPAHIT QOWA VOY BIH jkt MY VOY SIN hkq kao km vok ngo km bus 07m aw sm sm mns »n si n im a/4 t/4 7/4 s/4 ism SMS HI 30/3
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      Page 23 Advertisements Column 2
      491 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINE EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN ASIA SHIPPING NEW CALEDONIA. Fill AND a wriTfTji SIN MAIN LINE (TS) HKG NOUMEA SUVA AKL NAP TIM 1/4 E.R. BRUSSEI VOYSS 14/4 6/5 U/S
      491 words
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      Page 23 Advertisements Column 3
      491 23 waa-ta DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYi P.T. 6ESURI LLOYD P.T. SAMUOERA INMMESIA P.T. TRIKORA LLOYD —"ttt—^ J;r VSL/VOY L. j. BONTANG/17WB MATARAM 23W8 PALEMBANG/12W8 KUTAI/16WB RDAM/ADAM BREME Port Said, Port Altundrla, Otnoa. Trliaf. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO UK PORTS. HULL. LE
      491 words
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      Page 23 Advertisements Column 4
      358 23 BOUSTEAD SHIPPING AGENCIESHTONEYWA V245W MYOMA YWA VII4W PA-AN vun PAGAN VMM) BURMA FIVE STAR shipping mwuniM (Burmese National Line) Loading for Rangoon P.Ktlang Penang Bangkok \3 Mar Tfli Apr 1002 Apr 2 EM NORTHBOUND TO UKC SPORE ROAM HMBG HULL CLYDEBANK V2SN 21/3 2S/4 30/4 3/5 TAMATAI SAMOA VISN 23/4
      358 words
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      Page 24 Advertisements Column 1
      676 24 LkS KAWASAKI KIShN KAISHA. LTD. K L l N I rrnr# wx RAINBOW BRIDGE 0. FSHIP Vl3/00CL FREEDOM OOCL FAITH NEPTUNE JADE OOCL FORTUNE IMPORT ffl FEEDER VESSEL NEPTUNE TOPAZ S.S. BRIDGE H.K. CONTAINER RHEIN BRIOGE •INDO 'PK/PNG 24/3 25/3 1/4 2/4 A MOTHER VESSEL HARBOUR BRIOGE VERRA2ANO BRIDGE TOWER
      676 words
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      Page 24 Advertisements Column 2
      499 24 'M AUSTRALIA EXPRESS CONTAINER SERVICE Acc«p«ng FCI/FCI Containers INDIA EXPRESS CONTAINER SERVICE AccwpOng FCL/FCL Contains* KALI OAS V.4IH TUISIOAS Y.4OH KALI DAS Y42H TULSIOAS V.4IH KALI DAS V.43M Hotter y* By Feeder By Feeder 12 Apr 7 Apr 7 Apr CotomDo, Kandta'BomOe) Ma, 8 Apr 2J Apr Cotomto/Kjndta Bomto, 7Am
      499 words
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      Page 24 Advertisements Column 3
      452 24 GOLDEN LINE GIMN GUM) SMmMG (Pit) LID VoQ4 n. r*M amt »tm< SMCAftMK MM TU: UUW (M LHKS) fIK VKHO4 STRAITS/PERSIAN GULF SERVICE: S port P Ketone Pen** GOLDEN HAVEN l/» Apr CHINA SERVICE A VESSEL Huwifpu/ Stunfta. CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA roncjianc GANJIANC
      452 words
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      Page 24 Advertisements Column 4
      390 24 PMU OMtNT LINtS PTt LTD ►»l*o Cff Ct "*OB vsc*« PQAO r w a»RO As.* eu'LO •<: $"»oapor! O>:S fCLM RS 23Ti: PM4L '->< ZZ555?« EMT/FM BUT FCI t ICI ETA SINGAPORE DESTINATION JEDOAH (LCI) WEEKLY AQABA. HOOCIOAH WW NEW GENTRADE [31/3 1 EAST/WEST Ml TM \m m. v* ■''j
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      Page 25 Advertisements Column 1
      1334 25 A««nt, S port NIPTUME AGENCKS PIC. LTD. Qwwai Bookings Bookings Inward/ famiiuJ (imiMW ft (U/AUSr (PAiSfA Outward *****22 limn imra lmw mm* 2NOIII 2/***** 2«oiu jm*» m■! Jg NIPIIHE SON BHO PKeUng H lumnir Pintng <dahtu 36wai *****31 6200J5 /***** EXPORT IMPORT 62/660 *****1 62/661 62/662 COAST VIA DIRECT ALL
      1,334 words
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      Page 25 Advertisements Column 2
      959 25 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTO 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. KEIANC MISSUS HAI (HONG SHIPPING 12/ P«mm Street. Pena*. MaUyw NfS HANOI INC SYSTEM
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      Page 26 Advertisements Column 1
      239 26 SINGAPORE SHIPPING *jkW CORPORATION (PTE.) LTD. k Fll 225 6868 |34 lews) FAX *****39/*****/6 HltX HS 29.188 A/8 SSCMA. HS 2'J389 A/H SSCAU I DSR-LIHES /EB SESRESOERE 305'X> i INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE lARRACA: ACCEPTING CARGO FOR LIMASSOC BEIRUT. LATTAKIA, ALEXANDRIA,
      239 words
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      Page 26 Advertisements Column 2
      56 26 HAKUSAN II V 4 CONTINENT WO KAIUKI V2O HERMES ACI WO HAKUSAN II V 5 CONTINENT W1 TSKLINE AGENCIES (S) PTE LTO TEL: *****68 W MALAYSIA AGENT TRANB-A3IA SHIPPING CORP TEL: K.L. *****77 PKL *****64 PNG *****2 HINODE KISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE MIDDLE EAST REGULAR LINER SINGAPORE
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      Page 26 Advertisements Column 3
      81 26 0 SIGMA EXPRESS (S) PTE LTD (INTERNATIONAL FREIGHT FORWARDERS) TEL: *****44 FAX: *****75 TLX: RS ***** SHIP MAINFREIGHT (S) PTE LTD 15 Mccaitum St #05-04. Natwest Centre S pore 0106 TEL: *****12 FCE SHIPPING WEEKLY SERVICE TO:USA. HONGKONG FLYING CIRCLES EXPRESS PTE LTD TEI *****24 FAX: *****31 TLX: R*****2 SUN
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  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      149 26 r Regional Weather SP <?> r; 1 5* "> jk^V^: nm*m K8 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJUL March 24. Ittt R Thunderstorm Temp«oh*. •<; X\ V lui—u Weother —X Wrtd drechon with speed *> knots V <l Wove height Cloudy Sky Wtoce »<i Of* mdicoted by arrows
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      Page 27 Advertisements Column 1
      867 27 WFARGO SHIPPING Tel:8B4 012S REGULAR EXPRESS FCL LCL SERVICE DESTINATION ETA SINGAPORE JARU BHUM PIYA BHUM SIRI BHUM PORT KELANG (FCL) 264N »/3 HONG KONG (FCL. LCL) 30/3, 11/4 KEELUNG, KAOHSIUNG JAKARTA (FCL) 21/3, 4/4, 11/4, l«/ 4, 25/4 26/3.2/4,9/4 25/3, 27/3, 29/3, 1/4, 3/4 TOKYO, KOBE, BUSAN (FCL) 30/3.
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      Page 27 Advertisements Column 2
      833 27 SAVTOACHM? (OHUAN NATIONAL LINK) GREAT ANDES SERVICE AM IQUIQUE VALPARAISO STO VAR UUm IHWS CARGO FOR PUNTA ARENAS TALCAMUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Ap* NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71, *****65 THONG LEE EXPRESS SHIPPING |S] PTE LTO TEL 533 1713 (5 lines! TLX ***** PAX
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      8 27 t fit mnu ni umi crsai m. m\m
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      190 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRA*SPOR* EAST BOUND SERVICE ETA SPORE LOADING FOR ALWASITTI 25/3 S. Korea, Japan THROUGH BAi to BAGMOAO UPON MQUUT ALSO ACCEPTINGttMTAMUS UTTO AQUA A MGNOAO Mini SPAa AVAILABLE OPTO AOASA LOADING CONTAINC
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      Page 28 Advertisements Column 1
      509 28 FL SHIPPING PTE LTI) FINE LINER SHIPPING PTE I.TI) 70. SHENTON WAY «04 02C MARINA HOUSE S PORE 0?07 TLX RS ***** FLINER FA* *****56 TEL: *****77 (12 LINES) MIDDLE EAST SERVICE (FCL LCL) DUBAI, DAMMAN, KUWAIT, 31/3 10/4 n/4 BAHRAIN, MUSCAT. ABU DHABI Tilt FAR EAST SERVICE (FCL LCL)
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      Page 28 Advertisements Column 2
      527 28 ZIM rare m mmw+mm IFT.J 3 J* 3C 3 r*> 'i TTBTiITITITI Him tork IBERIA ±-11 Uti TT*TTTiiTTTnp^J i Ml OSAKA 19-4 ZIM CUAM 7 5 mni ro AOtIAIOC VIA MELBOURNE ANO ALSO Fa ro CUAM ZM EILAT CONTAINER LINE ETH ALX PIE VCE TRS KPR 21/4 H)* Vl* Uf*
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      401 28 de vapores "PERUVIAN STATE LINE" LOADING FOR CAUAO, HATARAM, ILO* AMO ALL OTHER (E PO TS mTH TRANSNmKNT AT KOBE ON W CPV THROUGH BILL Of LADING TO FINAL DESTINATION. MMNEVCRCTT TSpH Mar 77/21 Mr MURRAYEVWETT 7JB Apr »l Apr TMOHASCVWrrr 22/ M Ar> "EVERETT ORIENT LINE" JAFANJ9AY OF BENGAL/JAPAN
      401 words
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      Page 29 Advertisements Column 1
      254 29 MTERCONTMENTAL LINES JEURO AFGHAN/IRAN, S. GOLUBKINA VK-M I. VERNOSHKIN MHM DCSI NATIONS HUNGARY. POUND. ROMANIA. ISTANBUL. E. BERLIN BULGARIA, AUSTRIA, YUGO, CZECH, PIRAEUS ALL INLANO PORTS SEABBIOGE EUROPE S SCANDINAVIAN SERVICES <»OUPAGE FROM N^^r u^ WEIANG nHAtiG www SEABROIGE FAR EAST. VIETNAM i CHINA SERVICES .JKS* 1 FCt i Lct
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      Page 29 Advertisements Column 2
      102 29 Consolidation Service VIETNAM SIN: 5/4 HOCHIMINH PACIFIC ISLANDS SIN: 30/3 NOUMEA/PT VILA/SUVA/PAPEETE MAURITIUS REUNION ISLANDS SIN: 30/3, 31/3 PORT LOUIS/REUNION 0 TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CONAKRY/lIIIATADI/LUANDA/ Thru direct B/L to IS!Ku K ®fer uNM,OUAMMUGOU TTA freight Pte ltd Tel: *****55 TLX RS ***** INTERTEAM OUR NEXT WEEKLY LCL CONSOL"
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      Page 29 Advertisements Column 3
      574 29 rr T "TT mmmm tmmmohtatmm (*t*> ltd WEEKLY LCL/FCL SERVICE JENWEL VIO6N I2S/3 28/3 FOR BOOKING ENQUIRIES, PLEASE CONTACT:MtOAKMI TIL: 717*713 (4 LMES) TLX: M4l« SKH3T FA* *****00 J. BAHIIU TEL: (07)*****0. 222*23. FAX: 24—23 K. LUMPUR TEL: (*3)**4*4», M ***** TLX: MA S3OOJ BKKMKL FAX: M ***** BANGKOK TEL:
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      Page 29 Advertisements Column 4
      460 29 fa GLORY MAVKATNM GROW *i 7; 11:. 3 fTTTT TAIWAN TO SINGAPORE A ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* GLORY SCLATAN VI Voy 31/3 GLORY SCLATAN VIII Voy Sallod GLORY SCLATAN IX Voy V MM PKL PRC BLW KAON IV3 6 VESSELS OF LOG CARRIERS 5 VESSELS
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      Page 29 Advertisements Column 5
      412 29 PTC CONTAINER LINES FCL LCI SERUCE S|N Fa EAT 2/4 KEELUNG/KAOHSIUNG 1/4 BANGKOK 2/4 MANILA 1/4 JAKARTA 1/4 PORT KELANG/PENANG 30/3 BUSAN 29/3 TOKYO/YOKO/KOBE 1/4 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai 30/3 RDM/HAM/ANT/LE HAVRE/GENOA 30/3 LDN/FLX/LVP/SOU SIN Mtt/eiiM* WW"/ 2/4 L.A./NYC/SFO r 2/4 VANCOUVER/TORONTO/MONTREAL 2 ."11 31/3 SYD/MELB/ADEL/FREM
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      Page 30 Advertisements Column 1
      831 30 "QCHO YANG LINE WESTBOUND Also accepting for Inland UK destinations Antwerp and Scandinavian ports. FM FIOTA MERCANTE GRANCOLOMBIANA, S.A Sir ou. N! 0» .0 WEEKLY EXPRESS INOEPENOENT FAR EAST/EUROPE FULLY CONTAINERISED SERVIC EA3TBOUNO HANJIN HASAN 471 QUEEN S NAY MIOCC 071 CHOYANC PARK 01E HANJIN OAKLAND If l* for HKJKAO/KOftE/YOKO/BUSAN
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      Page 30 Advertisements Column 2
      333 30 kM PT. MASKAPAI PKI.AYARAN PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INOONESIA. MALAYSIA 1 THAILAND ALSO ACCEPTING La CARGO TO JKT, PKG. PNG AND, BKK. FOR BOOKINGS CALL SPELTS FORWARDING AT TEL: *****55 T- TT* I 'RBy f'f r VSL
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      Page 30 Advertisements Column 3
      708 30 m CALL US AT: P. KELANG PENANG J. BAHRU P. GUOANG SINGAPORE K. LUMPUR 3685/53/368/111 04 *****2/4, 62/753 0/ *****8 02 51U/5, *****0, 5131/1 02 *****22 *****0 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDC* I BUTANC SB I MfTANC SB B. BUTANC I B BUTAIIC M OTHEB DESTINATIONS: AABMUS,
      708 words