The Business Times, 1 February 1988

Total Pages: 30
1 30 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 MONDAY, FEBRUARY 1, 1988 75 CENTS
    11 words
  • 579 1  -  By CHUANG PECK MING COMPANIES that will be affected by the US government's decision to withdraw duty-free benefits from Singapore from January next year read like a who's who of the American corporate world. They include AT and T, General Electric,
    579 words
  • 294 1 Reuter THAILAND is a major beneficiary of a US decision to cut special trade concessions for Hongkong, Singapore, South Korea and Taiwan, economists said yesterday. Thailand could substantially boost exports to the US after Asia's "Four Tigers" are removed from the US Generalised
    Reuter  -  294 words
  • 755 1  -  Work on UOB Plaza due to start in middle of the year By LEE HAN SHIH Property Correspondent ONE OF THE BIGGEST building projects in Singapore is finally getting off the ground after being delayed for almost five years. Barring last-minute changes,
    755 words
  • 116 1 AFP FOUR state-run businesses in China have been put up for outright sale to any buyer, Chinese or foreign, in the first move of its kind, the official New China News Agency has announced. Another five enterprises in the South-eastern city of Fuzhou will also soon
    AFP  -  116 words
  • 106 1 AFP NEARLY SIX MILLION people linked hands across India's West Bengal state yesterday in a communist show of strength to demand the ouster of Prime Minister Rajiv Gandhi. The human chain, 4,500 km long, was sponsored by the state's ruling Communist Party of IndiaMarxist (CPI-M)
    AFP  -  106 words
  • 366 1 AFP NEW ZEALAND has assured Singapore and Malaysia of its defence commitment to them after its planned closure of a permanent base in the area by 1989, Wellington's Defence Minister Bob Tizard said in Singapore yesterday. Mr Tizard said that during
    AFP  -  366 words
  • 111 1 AFP AUSTRALIAN Foreign Minister Bill Hayden will visit Singapore and Indonesia on his way home from an 11-nation tour of Africa and the Middle East, a government spokesman said in Canberra yesterday. The spokesman said Mr Hayden would hold talks mainly on trade in the
    AFP  -  111 words
  • 562 1  -  By ANNA TEO JAPAN'S leading precision springs manufacturer, Kato Spring, intends to make Singapore its regional headquarters as it expands in Asia. And its Singapore subsidiary is considering making shutters, a type of flat spring used in microfloppy diskettes, for which the
    562 words
  • 86 1 AP EXILED CAMBODIAN leader Prince Norodom Sihanouk yesterday issued an angry defence of his forces' fighting ability in the struggle to oust Vietnamese troops that have occupied his country since 1978. Prince Sihanouk, who abruptly resigned on Saturday as head of a three-party anti-Vietnamese
    AP  -  86 words
  • Page 1 Advertisements
    • 340 1 Need a housing loan? WWfoong 737-7977 itPl Wa\ kxxig Wirtgage AmJ Finance (S) Ltd -J A »hi»ll>-owned suhsidurv ol HonglumgHank hi laynxwe Hill #03-01 llavmore Plj/a Singapore 1W22 MANAGEMENT PERSEVERANCE in the face of initial difficulties in running a factory, a strong belief that things will eventually turn out right
      340 words
    • 287 1 BBBBb NEW ZEALAND Finance Minister Roger Douglas insists he received the correct advice in drawing up his tax reform package. ASIA-PACIFIC, Page 4 US TRADE Representative Clayton Yeutter said foreign exchanges rates were now at the right level to make American companies competitive in foreign trade. REST OF THE WORLD,
      287 words
    • 119 1 m With 120 days guarantee A-ONE BOUTIQUE PTE LTD LIANG COURT COMPLEX 177 RiVf R VALLE> ROAO UNIT CMt SINGAPORE Oil 7 TELEX R*****5 ACCGi TEL ***** X S#€ Min#Q#fn#nt l PftQ# 2 Because of lakakofe dedication, no other airline can offer you this: 3* I 6 .V N 4"
      119 words

  • MANAGEMENT
    • 1280 2  -  Japanese-owned manufacturing company Kato Spring Singapore has taken some innovative steps in its staff management. The company has also appointed a female general manager to head its plant here and she is a Singaporean to boot. ANNA TEO takes a look
      1,280 words
    • 991 2 FOO YOKE KHAN used to get embarrassing stares whenever she walked into a vendors' cocktail party. Heads would turn, or eyebrows raised, as if she had just stepped into a men-only function. "Some people thought I was at the wrong party! And I felt so too," said Miss
      991 words
    • 1064 2  -  By ZHOU MEI Title: The Rising Yen Author: Richard S Thorn Price: $22 soft cover. $32 hard cover (144 pages) THE LOW-WAGE policy pursued by Japan is seen in retrospect as a serious error. "The Japanese economy was tripped up by its own success
      1,064 words
    • 570 3  -  by BOEY KIT YIN THE NEXT STAGE of Singapore's economic growth depends on a major factor upgrading the capability of local enterprises. Without the support of good, reliable and credible local enterprises, the operations of multinational corporations cannot perform competitively. That will, in
      570 words
    • 1417 3  -  Perseverance in the face of initial difficulties in running a factory, a strong belief that things will eventually turn out right and a good back-up team of managers and workers are just some of the positive ingredients that mark Amtek Engineering, winner of
      1,417 words
  • Page 2 Advertisements
    • 160 2 /A An investment in good health Occupying an area of almost 3,000 sq m (32,000 sq ft), Fiscal Fitness Centre houses a full-size gymnasium, 2 outdoor jacuzzis, swimming pool, tennis court, steam baths, separate male and female changing rooms and six massage rooms. The gymnasium is equipped with the Universal
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  • Page 3 Advertisements
    • 219 3 I want more than a computer I want an advantage" X f NCR Computers They bring more to the table than technology. NCR looks at computers the same way you do as a means to an end. To succeed in business, your computer system must make a measurable contribution to
      219 words

  • ASIA – PACIFIC
    • 371 4 Douglas says he is not quitting Reuter NEW ZEALAND Finance Minister Roger Douglas insisted he had received the correct advice in drawing up his tax reform package and said he would not resign unless he lost the confidence of Cabinet. Mr Douglas
      Reuter  -  371 words
    • 107 4 Reuter AUSTRALIA will need 100,000 workers with Asian languages over the next five years, Asian Studies Council chairman Stephen Fitzgerald said. He said the demand for languages was revealed by a council survey which found that Australia was losing its place in Asian markets because of
      Reuter  -  107 words
    • 192 4 AFP IRAN WILL import more Japanese produce if Tokyo increases purchases of Iranian oil, Iran's Commerce Minister Hassan Abedi Jaafari was quoted as telling Japan's ambassador in Teheran on Saturday. The minister, cited by Iran's official news agency IRNA monitored in Paris,
      AFP  -  192 words
    • 310 4 AP THE South Korean economy may faca labour unrest at the new government takes over, but this should calm down as economic conditions improve, a symposium on the Korean economy was told last Friday. Three professors gave talks and held a
      AP  -  310 words
    • 255 4 Reuter THE United Arab Emirates (UAE) had ruled out impoeing income tax, a top government official said. The UAE is the second Gulf nation to turn its back on the concept of income tax since Saudi Arabia announced
      Reuter  -  255 words
    • 785 4 NYT "BECAUSE thst's where the money is," Willie Sutton supposedly said when asked why he robbed banks. For much the same reaaon, the police in Tokyo say. foreign criminals have flocked to Japan in record numbers, breaking into houses, picking pockets, filching
      NYT  -  785 words
    • 89 4 Bernama MALAYSIA needs to restructure its food production system to move away from its current subsistence orientation and inherent constraints. Agriculture Minister Datuk Seri Sanusi Junid said on Saturday night. "With This restructure, we can ensure a more organised, efficient and sustained food production
      Bernama  -  89 words
  • Page 4 Advertisements
    • 75 4 Bangkok with Thai Morningro§|6 "w* 1 -:r (A •-4. s/r r > »•> Wv 3«r--?r v N j '<<£<* W-T *>». •I mi. t ,«c :.^:^.,vr-.^sr-,rrrr, *->: L# l $r A* 4«£ fcf >«a*.7 >h <' ->v W Night I As you can see, our aauy n are as regular
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  • Page 4 Miscellaneous
    • 74 4 mm Max/ Note Adoloido Amsterdam Alhara Bahrain ftangkofc rv-n-i In w iswwu Now York Nicotic Oslo Parh P*nh Rio 'Janoiro Romo Son Fris'co Son Juan Santiogo Soo Pouto Sooul rii-ii hrJni JTOWnOWn Sydnoy Toipoi Tol Avf* Tokyo Toronto Vancouver Vlonno Wonow Wodtlngton Doonesbury .ovs itsue oorniMje* TO POMINA7B 7HB POUTiCAL.
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  • REST OF THE WORLD
    • 330 5 Reuter THE SOVIET UNION'S trad® with the West fell 4.6 per cent in the first nine months of 1987 as Moscow cut back its purchases of Western goods, the Soviet news agency Tass said. Soviet trade with Western countries from January to September of
      Reuter  -  330 words
    • 231 5 UPI TECHNOLOGICAL developments that had expanded the prees to include new forms of broadcast and electronic media would force a re-definition of First Amendment guarantees of free speech and a free press, a US Congressional research report said ori Saturday. "Satellites,
      UPI  -  231 words
    • 288 5 Reuter WESTERN DONORS have pledged US$l billion of fresh aid to black states in southern Africa seeking to reduce their economic dependence on white-ruled South Africa at a conference in Tanzania. A communique issued on Friday night at the end of the
      Reuter  -  288 words
    • 834 5 ARRIVALS Operator Sorvic* Local From number tfcno FT FT73 0115 LAX/SFO/ANC/ N#T/OSA/TP€ SU SQ11 0115 LAX/NRT UA UA805 0120 SFO/HKG MAS MH619 0125 KUt AC AC581 0200 BKK PIA PK766 0505 KKN/IKK SIA SQ401 0550 CM! SU SQ41 0610 MAA MAS MH601 0730 KUL SIA SQ45 0750
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    • 340 5 Reuter US TRADE Representative Clayton Yeutter said foreign exchanges rates were now at the right level to make American companies competitive in foreign trade. He told journalists: "At current exchange rates, US companies are now competitive. The adjustment has taken place." His remarks were the
      Reuter  -  340 words
    • 188 5 NYT AFTER an eight-month interagency inquiry, the US has decided to aak Iraq for tena of million* of dollars to compensate the familiee of thoee killed in the Iraqi attack on the guided miasile frigate Stark. State Department and Pentagon Officiate
      NYT  -  188 words
  • Page 5 Advertisements
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      498 words

  • MONEY AND EXCHANGES
    • 264 6 Commercial Discount Co Ltd IT WAS a week of consolidation for the Singapore government securities market. With overnight interbank rates oscillating nervously and failing to provide any firm direction most dealers refrained from taking fresh positions. Where traded, prices on bonds improved between two and six cents.
      Commercial Discount Co Ltd  -  264 words
    • 362 6 Numbor Indicative Gross Coupon Amount Interest of days of I a redemption Maturity Year raised rat* (8 million) paynwn* oocruod (excluding yield (%P«) dates Interest accrued Interest) (%po) 1.3.88 Loan 1 1973 •5* 321.94 1/3. 1/9 152 •100.40 •0.95 15.7.85/88
      362 words
    • 323 6 Gold Financial futures Green Coller THE GLITTER of gold faded as prices plunged to settle near a six-month low in heavy trading. At New York's Commodity Exchange. spot gold laat traded at U*****.20 an ounce, a hefty drop of about $23 over the previous week's settlement. The bullion tumbled after
      Green & Coller  -  323 words
    • 97 6 DBS FINANCE and ita aubsidiary. Great Pacific Finance, will lower their fixed deposit ratea by one-quar-ter to one-half percentage point with effect from today. The two finance companies will cut their one, two and three-month fixed deposits ratea by one-quarter point each
      97 words
    • 116 6 Reuter MALAYSIA'S gold and forsign exchange reserves rose to M 818.57 billion in December last year from M 518.21 billion In November and M 815.50 billion in December 1988, Bank Negara said. Total assets at end-De-cember roee to M 524.19 billion from M 523.19 billion at end-November
      Reuter  -  116 words
    • 202 6 Asian market ASIAN CURRENCY av«fog« deposit ratw for 1 Ih* wook •ndod Jan 29 MO P UU| mccs Low m t 1 "IF 1 7 doyi 6 15/1* 6 11/16 1 man* 6 7/« 6 3/4 3 <u 7 6 13/16 3 7 1/16 6 13/16 6 Man*t 7 3/16
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    • 32 6 Th* rang* of call rates for th« wHk •nd«d Saturday, Jan 30 i tank fund 2.80 3.30 Ofi fund 2.00 3.00 of funds M$2,1 32m Source: Short Deposits (M) Bhd
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    • 216 6 Gold futurot on Jan 29 100 tray ounces. US$ par troy ounca Opa«i Law Satta Fob 461.30 462.00 450.00 454.20 2.30 Mar 452.00 452.00 452.00 455^0 3.00 Apr *45 00 466.00 454.00 458.50 3.00 Jun 470.00 471 JO 456.30 463.20 3.30 411.70 477JO 465OO 46*. 10 3.60
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    • 1581 6 Union Bank of Switzerland AFP ZURICH: TRANSFIXED aa in a cheaa game with a barrage of checka. trading in the dollar aector fell into the doldruma last week. The spotlight was refocused on crossrate positional shifts owing to the lack of clear and deciaive dol-lar-Impetus. The main loaer
      Union Bank of Switzerland; AFP  -  1,581 words
    • 493 6 Indicate* tha svsraga of ttx prim* tending rates ol 12 ma (or banks In B'pors PL* of bonks at the do se of business on Friday, Jan 29, as supplied by (ho Association ©f Ranks In Singapore. RANK PL* Algemene Bank 6% Allied Irish Bank PLC 6
      493 words
  • Page 6 Advertisements
    • 179 6 PROPOSALS ARE NOW INVITED FOR THE ADAPTIVE REUSE OF TELOK AYER MARKET. "Old Market" a fond nickname, a familiar landmark. The original site, now an empty plot of land, will soon come bustling back to life when the original structure is reassembled, redeveloped to an upmarket, quality food centre or
      179 words
    • 8 6 B4NQUEINDOSUEZ 3 Shenton Way, Shenton House, Singapore 0106
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  • BANKING AND FINANCE
    • 913 7  -  by PAUL FRANKLAND THE BAD NEWS is that the chance of your being involved in an accident is astonishingly high. The good news is that you can buy a little peace of mind by purchasing personal accident insurance to help you cope with
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    • 345 7 AFP BRAZIL and it* creditor banks are close to an accord on refinancing Brazil's US$ll4-billion foreign debt sources said last Friday. The accord would include a reduction in interest rates on Brazil's debt and new loans to cover two-thirds of the overdue interest accumulated
      AFP  -  345 words
    • 186 7 Reuter BANK OF ENGLAND governor Robin Leigh-Pemberton has urged caution when interpreting the recent high monthly bank lending data and their implications about a consumer credit boom. "They have in our view for some time given a misleading impression of monetary conditiona in the economy,
      Reuter  -  186 words
    • 514 7 Reuter INDONESIA can reorganise its mounting overseas debt with new loans at better terms instead of rescheduling, the World Bank representative in Indonesia said. "It's not difficult for Indonesia to get these kinds of loans because of its high credit-worthiness,'' World Bank
      Reuter  -  514 words
  • Page 7 Advertisements
    • 174 7 IF KNOWLEDGE IS POWER, THEN FACTS ARE THE BUILDING BLOCKS OF KNOWLEDGE... F/l/ H' Offshore South East Asia Conference and I UCI. E,h.h.h»n Date: 2-5 February 1968 Place: Singapore World Trade Centre Tune: 9.00 am 6.00 pin 4.00 pm closing on the sth. Pq/4 94 conference papers 16 sessions: drilling,
      174 words
    • 122 7 Our cats are built to the same excellence as our aircraft. Saab 9000 Turto enjoys a sacond yaar as bast Director's Car. vi zj You may not be allowed to pilot a plane on the road. But you can "fly" a SAAB 9000 Turbo 16, built to the precise excellence
      122 words

  • COMMODITIES
    • 241 8 Bernama ES THE MALAYSIAN rubber market was slightly steadier last week with February International One RSS buyer adding half a cent over the week to close at 279.00 cents per kg. Dealers said the increase was prompted by higher overseas advices in the earlier part of the week. The
      Bernama ES  -  241 words
    • 93 8 Reuter THE KUALA LUMPUR tin market saw reduced activity laat week with the metal cloalng three cent# easier from the previous week at M 517.27 a kg. Except for Monday whan total offerings amounted to 114 tonnes, dally turnover waa below the 100 tonne level.
      Reuter  -  93 words
    • 175 8 Chinese Produce Gambier Exchange KM NSW 180.00 noon closing pr Jon 30 (SS/100 kg) tc« on FAMA Oo«*ng prloM on Jan 29 Coconut oil Coconut oil (M$/100kg) Now drums 165.00 Mi FOt 120.00 2nd hand drum 1574)0 Otd drum KM 130.00 Mk 150.00 Now drum FOB 134.00 Local
      175 words
    • 285 8 Bernama ES CRUDE PALM oil futures (CPO) saw volatils trading on the KLCE last week amid continued uncertainty over new purchases from India. Towards the end of the week, India announced a suspension of its weekly tenders to buy palm oil from Malaysia mainly due to the current
      Bernama ES  -  285 words
    • 467 8 AFP TRADING was ratter dull on the commodity markets over the past week and values mostly tended to decline. Precious metals in particular took a dive, due to a firmer dollar, quieter stock markets snd weaker oil prices. The brief retreat of the dollar following
      AFP  -  467 words
    • 296 8 London Commodity Exchange Ivynr/SnHor doting pciot on Jon 29 (£/«omno uniott tpodflod). Pravtous doling prioM In Coflat M'tian patm korwol at 5ttpc OF Rottordom Jan/Fob 555* (555*) Fob/Mar 560* (560*) Apr/May 580* (580*1) London Motal Exchango AHftnuvw **m|M imt A (oih In-ttoro OF London London, to ton opdon
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  • Page 8 Advertisements
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      384 words

  • FOCUS
    • 2246 9  -  Japan, gradually dislodging the US as the dominant economic power in the non-communist world, is however unwilling to assume the mantle and responsibilities of such global leadership, reports LOUIS UCHITELLE. But, argues the accompanying report on this month's Gatt talks, although US economic leadership
      NYT  -  2,246 words
    • 810 9  -  By JOHN STARRELS The author is minority staff economist of the Joint Economic Committee of Congress NYT THIS MONTH, the 95 members of the General Agreement on Tariffs and Trade will reconvene in their Geneva headquarters to begin the second year of negotiations
      NYT  -  810 words
  • Page 9 Advertisements
    • 165 9 Roland is the name of a very versatile plotter Roland has many competitors, but very few can rival Roland's M versatility: from accurate, vivid renditions of CAD-produced plans, to straight-forward, eye-catching, impressive and authoritative business graphics. Roland operates on programmes written for the HP plotter as AutoCad, Lotus 1 -2-3,
      165 words
    • 94 9 fkviUqtd GxtutHvc C4*u 7a 7A > u t+t*A j. A Ph villa td -£\eurhvc CJa+t When you Finnair, you enjoy seat selection, free membership to the exclusive Finnair Club, as much privacy as you want, as much attention as you want, a luxurious seat with 147 cm of legroom, an
      94 words

  • PERSPECTIVE
    • 837 10  -  Thirty years after first satellite launch, US space programme is in disarray By WILLIAM HARWOOD UPI THIRTY YEARS AGO yesterday, a small group of engineers held their breaths as a primitive rocket clawed its way through the night sky carrying Explorer 1, the first American
      UPI  -  837 words
    • 845 10 Reuter THE 1968 TET OFFENSIVE by communist forces in the Vietnam War made some Americans vow never to take up arms again. It led others to join new battles back home against poverty, hunger, addiction and psychosis. The Lunar New Year attack by
      Reuter  -  845 words
    • 509 10 Reuter TWO YEARS of armed strife have brought death and destruction to the tea-growing hills of Darjeeling and more troubles are seen ahead for what was once called the queen of the hill stations. The economy is in tatters and even in the unlikely
      Reuter  -  509 words
    • 575 10 Reuter DRIVEN FROM strongholds in Sri Lanka's north last year, Tamil separatist guerillas have since regrouped with deadly effect in the ethnically mixed east. Government and military officials report increaaed violence in the east and say the Liberation Tigers of Tamil
      Reuter  -  575 words
  • Page 10 Advertisements
    • 72 10 nmmmmm > wnxv* "si/ -«4«A» A 4k wv v 5- 4» For a welcome change, Hop on the train and head for Raffles. Lunch today at The Elizabethan Grill of Raffles Hotel, where we present traditional English food. We're conveniently close to City Hall MRT Station, just a stop or
      72 words
    • 153 10 ELEGANT, COMFORTABLE ft DURABLE SOLE AGENT: rnimilP.f. WELCOME TRADING CO PTE LTD MENS FOOTWEAP Tel: *****01 (10 lines) AUTHORISED RETAILERS MFOWLFE BOUTIQUE <i f .i-'C "11 HV t- ,At MEOW LFF SHOE STOHI PTF LTD I I k. Pl.i.M »H* 70 r «»v I'm.m'O' t 4 SILVER RIVER SHOE ft
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  • Page 10 Miscellaneous
    • 653 10 mWKHQOB WMj) CRYPTIC PUZZLE ACROSS 1 Handles the toffs soundly (5) 6 Give someone the elbow (5) 9 Managed to get ahead In town (7) 10 Batty food (5) 11 It's essential to start talking to a person (5) 12 It's no credit when I get into debt (5) 13
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  • THE ARTS
    • 591 11  -  Arts festival set to be bigger and better By TSANG SAU YIN SINGAPORE FESTIVAL of Arts 1988: The Second Decade that's the grandiose line that will be plugged by the festival's organisers. It's going to be the biggestever festival, says Mr
      591 words
    • 608 11  -  CD Reviews By BHAUN KOH IT IS NEVER too late to look back, especislly when we're talking about recorded music. After all, music unlike fashion or technology never becomes outdated or obsolete. So with the releases of 1987, seversl producers ssw fit to
      608 words
    • 389 11  -  «v SHAUN KOH PINCHAS ZUKERMAN is one of thoee illuminating charactera who can make the sad smile with joy. His playing, like hie boyish smile, is infectious and one can't but smile with approval at hie phenomenal talent He performs with an intensity of
      389 words
  • Page 11 Advertisements
    • 114 11 CANADA'S ROYAL WINNIPEG BALLET i t Acclaimed for their superb technique and captivating style, the Canada's Royal Winnipeg Ballet will present three evenings of dance filled with breathtaking moments, delightful lyricism powerful drama. The troupe, whose repertoire includes full length classics and an intriguing collection of ensemble ballets, will entertain
      114 words
  • Page 11 Miscellaneous
    • 1261 11 ESCAPE FROM SOBIBOR (Pt 1) 9.30pm, Channel 5 This series is based on the true story of the large prisoner revolt and escape during World War II from an extermination camp in Eastern Poland, built as part of Nazi Germany's 'Final Solution' to the 'Jewish Question'. On Oct 14, 1943,
      1,261 words
    • 20 11 Yoo kmouj me jom£S. i hwcn'T come neße TO tT J rnnoNLy HeßeroonßKe FetT. ©Evening Stindjrd Co Ltd ,1»M ;t«
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  • SPORTS & LEISURE
    • 429 12 AP AN INCREDIBLY CLOSE battle among four cars two Porsche 962s and two Jaguar XJR-9s rolled into the first hour of Sunday and the 10th hour of the SQnbank Daytona 24-hour sports oar race at Daytona International 3&eedway, with Al Holbert fending off
      AP  -  429 words
    • 306 12 AP RUDI NIERLICH, a 21-year-old from a small Austrian tourist village. scored his first World Cup victory on Saturday and led Austria to a sweep of the top four places in a World Cup giant slalom in Schladming. Nierlich was timed in 2 minutes,
      AP  -  306 words
    • 283 13 AFP AUSTRALIAN Greg Norman survived a lata charge from Japan's Tateo Ozaki to win the A 5560.000 Palm Meadows Cup on the Gold Coast yesterday. Tateo, younger brother of Masashi Ozaki, actually took the lead away from Norman in Australia's richest golf tournament with a
      AFP  -  283 words
    • 125 13 AP THE TWO SIDES are about US$l million apart in negotiations for a Mike TysonMichael Spinks heavyweight title fight, aald Spinks's promoter and adviser. Butch Lewis. Lewis has been dealing with Shelley Finkel, a fight manager, who ia a friend of Tyson s co-managers, Jim Jacob* and
      AP  -  125 words
    • 317 13 AP CHI CHI RODRIGUEZ, proving life can begin at 50 on a golf course, won three holes and US$4O,OOO on Saturday on the first day of the U*****,000 Senior Skins game in Honolulu. Arnold Palmer snapped a two-year drought in skins competition by
      AP  -  317 words
    • 180 13 AFP ENGLAND'S Mike Hallett survived an incredible escape to reach his first major snooker final in the Benson and Hedgee Masters in London on Saturday with a thrilling 6-5 win over compatriot John Parrott. Parrott, who had rallied from 4-3 down to 5-5, seemed
      AFP  -  180 words
    • 449 13 AP RON HARPER, whose short bank shot with one second left in regulation forced overtime, made a threemetre jumper in the lane with 10 seconds to go in the extra period on Saturday night as the Cleveland Cavaliers defeated the Washington Bullets 128-126. Harper spun around Tyrone
      AP  -  449 words
    • 145 13 Reuter ROSS NORMAN of New Zealand moved to within one match of winning a U5526,000 diamond-stud-ded squash ball when he beat Australian Brett Martin 9-6 9-6 9-3 in the semi-fi-nals of the Belgian Grand Prix on Saturday. The ball has been offered by the organisers to
      Reuter  -  145 words
    • 443 13  -  By WALTON MORAIS IN THE AFTERGLOW of hit "tough" election triumph, Dr Ong Leong Boon was magnanimous. Mindful of the divisive vote that had juat taken place, the new preaident of the Singapore Lawn Tennis Aaaociation spoke with a view to cloeing ranks. "This is
      443 words
  • Page 12 Advertisements
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      1,010 words

  • Page 13 Advertisements
    • 277 13 and entertain 4 (|)rill M V" A r So much to choose for only $18.50. A sumptuous spread wtth many afferent types of appetisers, hot and cold soups, a salad selection...superb pastries. tTuffles, tortes. ..cheese board, fresh fruit ...freshly brewed coffee. All for $18.50. And for $26.50 you can aad
      277 words
    • 142 13 PALM GRILL An elegant and intimate ambience. With exceptional French and Continental cuisine. And the very finest wines from our exclusive cellars. BUSINESSMEN'S SET LUNCH $36+ Closed on Sundays. Saturday dinner only. Westin Plaza, Ist Floor. For reservations, call 338 8585. ext. ***** or 330 8310. THEWfcsriN Plaza Raffles City
      142 words
    • 485 13 NOTICE NOTICE IS HEREBY GIVEN that, I Thio Kim Chye, Bernard of No. 58 Marine Terrace #06-49 Singapore 1544, have apElied for a First Class Beer House licence l respect of premises at M/s. Kentucky Fried Chicken Management Pte Ltd at 902 East Coast Parkway Big Splash Complex Singapore 1544,
      485 words
    • 480 13 NOTICE IS HEREBY GIVEN Chua Suan Ngee of Blk. 10-B Braddell #13-07 Singapore (2057), have applied Retail Liquor Shop Licence in respect premises at M/s Long Video Pte Ltd at 1 Mcnair Road #01-203 Singapore (1232), that this application will be hean that this application will be hean Court No
      480 words

  • MARKET REVIEWS
    • Article, Illustration
      4639 14 BT Composite Index components (WN k tndtd Jmt 29, IMS) m ~w Cloak ttoek prk M W SM 152 006 S.m Dorby 233 -004 Bouatood 127 006 Si Troding 328 +0.12 c c 2.07 -003 U M W 064H 006 CMtoi 500 unck 0 8 S 995 025 CoW Stof*
      4,639 words
    • 681 14  -  r i Singapore P Li 4 By CORRINA LIM CONCERN over political uncertainty in Malaysia and a lack of direction from Wall Street caused lacklustre trading on the local bourse last week. Investors retreated to the sidelines following press reports that the Johore Baru
      681 words
    • 986 14 J New York y FT THE MOMENT OF TRUTH is at hand. The present US stockmarket rally may be the last opportunity to bail out of equities before a serious bear market begins. A serious bear market, aa opposed to the sort of temporary
      FT  -  986 words
    • 447 14  -  Week ended Jen 29 compiled by JULIANA TAY SCRIP ISSUES IGB Corpm Proposed right* issue of one-for-two at $090 per share Subscribers of the rights issue ore entitled to subscribe for one convertibie unsecured loon stock (CULSJ on the basis of one CUIS unit of
      447 words
    • 733 15  -  |l,nl London i. A From MICHAEL CLARK "NEXT STOP 1,900" was the cry on the London stock market on Friday as investors showed the first signs of regaining some of their confidence following the nervousness of the past few weeks which have seen turnover slow to
      733 words
    • 358 15 il Tokyo A AFP SHARE PRICES advanced on the Tokyo Stock Exchange (TSE) for the second week in a row, hitting their highest point since the October stockmarket crash. The Nikkei Stock Average, a key market indicator, broke through the 23,700-yen level for the first time
      AFP  -  358 words
    • 129 15 AFP WEST GERMAN STOCKS dropped by 33.9 points on the Commerzbank Index last week, to reach a 1988 low of 1,207.9 at the close on Friday. Siemens's announcement of a 13.5-per cent drop in profits for financial 1986-87 and Porsche's profit plunge of
      AFP  -  129 words
    • 226 15 AFP TUMBLING gold bullion prices pulled the Australian share market to its lowest level for six weeks last week, with activity centred on top-line gold-related stocks in an otherwise lacklustre market. "This market's in the grip of general apathy right now
      AFP  -  226 words
    • 725 15 K.Lumpur 2 B B NST THE KUALA LUMPUR stock market passed through a lacklustre week amid cautious trading in sharp contrast to the previous week in which at least lower-lin-ers attracted good support. However, some buying interest in the latter
      NST  -  725 words
    • 568 15  -  By SHIRISH NADKARNI and AJIT AGHARKAR THE EUPHORIA witnessed at the beginning of the year has indeed proved to be momentary. Share prices have tended to sag chiefly on account of lack of support and the tendency to book profits every time there is
      568 words
    • 1181 15 n L x J I Hongkong y DBS Securities THE HONGKONG MARKET opened firm on Monday with share prices up by one or two spreads following gains in overseas markets and in anticipation of a good start for the week. However, the market
      DBS Securities  -  1,181 words

  • Page 15 Advertisements
    • 205 15 miStep* MADE IN SPAIN OODONI OBERMAIN LEONE L'STONY SIOUX MISTER ELY #02-28 RAFFLES CITY SHOPPING CENTRE THE SHIPPING CORPORATION OF INDIA LTD (A GOVERNMENT OF INDIA ENTERPRISE) TENDER NOTICE Sealed tenders are invited from experienced/ reputed snipchandlers who are having at least two years' of practical shipchandling experience with shipping
      205 words
    • 337 15 To the Holders of Petroleos Mexicanos U.S. $100,000,000 Floating Rate Notes due 1988 (Extendable at Noteholder's Option to 1991, 1992 and 1993) Notice of Option to Extend Maturity to 1991 Notice of Change of Specified Office of the Fiscal Agent On behalf of Petroleos Mexicanos and pursuant to Clause S(D)
      337 words

  • COMPANY NEWS
    • 1014 16  -  FLORENCE CHONG reports from Sydney on two Asian investors who made good Down Under FLORENCE CHONG BACK IN 1981, two Singaporebased investors made headlines with their purchase of two pieces of prime real estate in Sydney. At a total value of As 47 million, it was
      1,014 words
    • 210 16 Reuter THE BROKEN HILL Pty Co Ltd is checking reports that a shareholder is preparing a legal challenge to its planned As2.l billion buy-back of 20 per cent of its own capital, chairman James Balderstone said. Mr Balderstone told a radio interviewer BHP did
      Reuter  -  210 words
    • 249 16 Reuter CHEUNG KONG (Holdings) Ltd says it and its subsidiaries will build two residential and commercial estates worth a total HK17.8 billion. According to a company statement, Cheung Kong Holdings and its 35.2 per cent-owned unit Hutchison Whampoa Ltd will develop a
      Reuter  -  249 words
    • 627 16 LAST FULL YEAR Company ftfiod Dale Year Net E*S Oo» Net sotounced ending l—l dfc profit k»*» year ($*001 L. fwnvovQ Interim Jul 21 Sep 87 169 230 2907(g) Tofcyu Land Interim Aug 22 Sep 87 30 9771(d) Duta Com Final Aug 28 DM 86 4.8481 Ped Cable*
      627 words
    • 505 16  -  ■y AMY BALAN MALAYA TIN PRINTING director Edward Goh, who Is battling his fallow directors lor board control. has found a dlffarant problem on his doorstep. Cheah Theam Swaa, a co-di-ractor of Mr Goh in hia private inveetment company, Aeeocieted Menegement Services (AMS), was
      505 words
  • Page 16 Advertisements
    • 91 16 Expatriate Notice Mr J H Ruddy, General Manager of Standard Chartered Trust Company (C.1.) Limited, will be in Singapore from Bth to 12 th February. He will be accompanied by Mr Allan C. Wong, Regional Marketing Manager Far East, Standard Chartered Bank (C.1.) Limited, Hong Kong Representative Office. Both Mr
      91 words
    • 457 16 SINGAPORE PRESS HOLUMGSUMTTED ANNOUNCEMENT Pursuant to Article 23C(4) of the Articles of Association of the Company, WE HEREBY GIVE NOTICE that the total shareholding beneficially owned or controlled by foreign persons is 47.06 per cent of the issued share capital of the Company on 30th January, 1988. BY ORDER OF
      457 words

  • WORLD MARKETS
    • 1026 17 New York Reuter WALL STREET closed sharply higher in active trading last Friday, boosted by expectation of lower interest rates and the view that inflation is under control. Blue chip, transportation and utility sectors displayed strength. Technology issues lagged behind.
      Reuter  -  1,026 words
    • 817 17 London AFP BUSINESS was brisk on Friday on the London market in moderate trading volume. Values moved ahead in the wake of Wall Street's overnight rise and on the back of good speculative takeover activity. However, comments from the governor of the Bank of England that
      AFP  -  817 words
    • 212 17 Reuter PUBLISHER Rupert Murdoch's News Corp Ltd is considering launching a satellite television news channel for Europe. A spokesman for Sky Channel Satellite Television Pic, Mr Murdoch's general entertainment satellite channel, said a study was being carried out on the feasibility of
      Reuter  -  212 words
    • 1284 17 Amsterdam JAN 2* nj A8N 37 00 58 10 0.3 0 5 AhoM 70 70 0.5 80 SO 0 6 Alranta 146.80 0.3 AMEV Amro Bank Am Stad 38 40 36 40 NU0 0.5 0.6 2.7 Baffcal BOLS 110 30 4 Boraumlj Buahrman TaM Calva 78J0 roda. 41.30 0.3 -03
      1,284 words
    • 173 17 Reuter GENERAL ELECTRIC CO has emerged as the leading candidate to buy Montgomery Ward or lead a leveraged buyout of the revitalised. 315-store chain, investment bankers said on Friday. According to the bankers, the Mobil Corp, which has owned Montgomery Ward since
      Reuter  -  173 words
    • 268 17 AFP FOREIGN investors sold a record U5542.83 billion worth of Japanese stocks in 1967, posting a dramatic increase on the previous year's U5515.75 billion, Japan's Ministry of Finance said on Friday. Foreign investors launched themselves on a selling spree after the October stock market
      AFP  -  268 words
    • 105 17 Reuter NEC CORP has developed optoelectronic integrated circuits for use in optical fibre telecommunications with capacity over 40 times greater than existing ones, sources said in Tokyo on Friday. Of the new circuits, one trans* mits and one receives. They contain both indium phosphorus and
      Reuter  -  105 words
    • 230 17 AFP NIPPON STEEL, the world s biggest steelmaker, is spending 4.8 billion yen to set up four companies in April to expand into the computer and communications industries, a spokesman said last week. The four companies would include three joint ventures with IBM
      AFP  -  230 words
    • 78 17 Reuter SAN MIGUEL Corp (SMC), the Philippines' biggest manufacturing company, said it had given Nepal's Mount Everest Breweries an exclusive licence to produce and market San Miguel beer for 10 years. SMC said it would also provide technical expertise. The agreement was approved by the
      Reuter  -  78 words
  • Page 17 Advertisements
    • 302 17 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF KIN SUN CONSTRUCTION PTE LTO (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50. that a Final Meeting of the Members of
      302 words
    • 335 17 IN THE MATTER OP THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LJM WEE HUNG TILLY ARD PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE is hereby given, in pursuance of Section 306 of the Companies Act, Cap. 50. that the FINAL GENERAL MEETING of the members
      335 words
    • 176 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AIK HONG TRADING CO (PTE) LTD (IN VOLUNTARY LIQUIDATION) NOTICE TO CREDITORS Notice Is hereby given that the creditors of the abovenamed Company, which is being voluntarily wound up, are required, on or before the 29th
      176 words
    • 306 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 LEERAY (PRIVATE) LIMITED (In Members' Voluntary Liquidation) Special Resolutions At an Extraordinary General Meeting of the members of Leeray (Private) Limited duly convened and held at 111 North Bridge Road #12-01 Peninsula Plaza. Singapore 0617 on 26th January 1968 the following
      306 words
    • 156 17 25 For and on Bo IN THE MATTER OF THE COMPANIES ACT, CAP. 50 I SEERAY (PRIVATE) LIMITED (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company, which is being voluntarily wound up, are required on/or before Ist March 1968 to send in their
      156 words
    • 305 17 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 WEERAY (PRIVATE) LIMITED (In Members' Voluntary Liquidation) Special Resolutions At an Extraordinary General Meeting of the members of Weeray (Private) Limited duly convened and held at 111 North Bridge Road #12-01 Peninsula Plaza, Singapore 0617 on 25th January 1988 the following
      305 words

  • 143 18 UPI IRAQ said yesterday that its jets scored direct hits within 24 hours on two large naval targets near the Iranian coast. The claimed attacks occurred several hundred miles from where a reflagged Kuwaiti gas tanker, escorted by a US
    UPI  -  143 words
  • 149 18 NEW HOTELS are making their impact on the tourism industry, stealing both limelight and patrons. Older ones are feeling the brunt of this competition and are turning to costly but necessary face-lifts to guard their share of the market, says
    149 words
  • 266 18 THE STOCK EXCHANGES of Singapore and Malaysia will soon do away with the 15-minute break in their morning trading. An announcement to abolish the 11am to 11.15 am break was made yesterday by the two exchanges following the third Kuala Lumpur Stock
    266 words
  • 120 18 AFP THE SON of former Chinese president Liu Shaoqi, who died in prison after being persecuted during the Cultural Revolution, has been elected a provincial vice-governor, the official New China News Agency said. "During the Cultural Revolution, it was the people who protected
    AFP  -  120 words
  • 430 18  -  Bulk of this year's exhibitors will be back again By HARISH MEHTA AS ASIAN AEROSPACE 88 thundered to a close yesterday, the organisers have begun planning for the 1990 show which they expect to be at least 10 per cent bigger.
    430 words
  • 510 18 WITH OVER 18,300 registered trade visitors showing up at Asian Aerospace 88, the 674 exhibitors had a lot to smile about and there's a good chance that lucrative orders may soon be coming their way. Apart from aerospace industry visitors, the foreign dignitaries at the
    510 words
  • 416 18 THE A-4S-1 Super Skyhawk of the Singapore Aircraft Industries did Singapore proud during Asian Aerospace, finding its place among the powerful fighter jets and planes on display. The Skyhawk, which made its flying debut at the show in white and red
    416 words
  • 163 18 SELF-HELP programmes which allow people to take part in activities in their area should be encouraged, said Acting Minister for Health, Mr Yeo Cheow Tong. Commenting on the importance of these commu-nity-based programmes. Mr Yeo. who is also the Minister of State for Foreign Affairs.
    163 words
  • 42 18 PRIME MINISTER Lee Kuan Yew and his wife arrived home from Taiwan yesterday after attending the funeral of President Chiang Ching-kuo. Second Deputy Prime Minister Ong Teng Cheong, who accompanied Mr and Mrs Lee. also returned yesterday.
    42 words
  • LATE FILE
    • 41 18 AP ORGANISERS of the Winter Olympics in Canada have created a special "hotline" to the Canadian Immigration Service and a protected holding area for athletes who want to defect, Soviet newspaper Sovietsky Sport charged yesterday. AP
      AP  -  41 words
    • 43 18 AFP KING HUSSEIN of Jordan flew to Rome yesterday for talks with Italian leaders and Pope John Paul at the start of a European tour aimed at drumming up support for an urgent Middle East peace conference. AFP
      AFP  -  43 words
    • 53 18 AFP SEATS in Taiwan's legislature filled by aging members representing mainland Chinese constituencies will fall away when they retire, an official of the ruling Kuomintang said in Taipei yesterday. Ma Ying-Jeou, a deputy sec-retary-general, said reforms under discussion should give "more vigour" to the
      AFP  -  53 words
    • 58 18 AFP THE area around the Chernobyl nuclear power station has been sufficiently decontaminated for people to return, said a senior Soviet medical specialist. But farming would be difficult in the 30-km exclusion zone around the plant, the Sovetskaya Rossiya newspaper quoted Leonid llyin, vice-president of the
      AFP  -  58 words
    • 43 18 AFP LAOTIAN TROOPS have inflicted "heavy casualties" on Thai troops in the latest stage of a Thai-Lao border dispute. Radio Vientiane yesterday said the casualties were inflicted last Friday, forcing the Thais to abandon a "major position". AFP
      AFP  -  43 words
    • 38 18 AP THE BRITISH Social Democratic Party yesterday voted in Sheffield overwhelmingly at a special conference to merge with the Liberal Party. Its 490-member policymaking body voted 273-28 in favour of a merger. AP
      AP  -  38 words
  • Page 18 Advertisements
    • 502 18 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Business activity has recovered to pre-recession levels if the number of new companies and businesses formed last year is any indication. 2. The Singapore Society of Accountants
      502 words
    • 104 18 Q UAL IT Y BEFORE YOUR EYES f iM It takes 1 step to put it on. But over3oosteps to make it Rodenstock is the international name for professional eye care. Our de luxe eyewear products come in the latest fashion designs and are impeccably crafted from precious meta! components.
      104 words

  • SHIPPING TIMES
    • 350 19  -  By G DURAIRAJ INTERFLOW, the British-based tank container operator, has opened a regional office in Malaysia to exploit the fast growing market for the transportation of rubber latex and palm oleo chemicals. The tank operator witnessed almost a 50 per cent increase in its
      350 words
    • 204 19 BANGKOK Container Industries, Thailand's first box manufacturer, expects to turn out 18,000 TEUs in its first year of operation to meet local requirements. This optimism rests on the strong demand for containers to stow increasing volumes of Thai exports. Managing director T Satake
      204 words
    • 145 19 Seatrade Week CHU KONG Shipping Company has announced its plans for the development of a Tsuen Mun site purchased for US$lO9 million at a Hongkong government auction. It is intended to use the area of over 200,000 sq ft for a
      Seatrade Week  -  145 words
    • PORTSIDES
      • 177 19 AP UNION LEADERS have called on 5,000 seamen to begin a national strike tomorrow and close all 12 British ferry ports to support 161 fired workers. Delegates attending an emergency meeting of the National Union of Seamen's Ferry Port Committee unanimously endorsed the strike
        AP  -  177 words
    • 164 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 Container Line Djakarta Lloyd Nedlloyd
      164 words
    • 303 20 Reuter PRICES on the shipsale and purchase market are expected to remain firm at least for the near term, London shipbroker E A Gibson said. Active interest in bulk carriers for further trading should result in prices continuing to rise, but
      Reuter  -  303 words
    • 242 20 UPI THE UNITED STATES Agriculture Department has approved plans for an Oregon company to import live lambs from New Zealand and the first shipload of 10,000 will dock within a week. Lee Babcock, president of CT and H Co, of Brownsville,
      UPI  -  242 words
    • 920 20 AB Shpg V s ABC Contoiner VM 1 Accord Shpg VI Ahrenkial liner XI Africa Ocean X* Alltrom V* AC Toepler XI Americon Tp» Xi Aivro Serve* rv Arrow I mm a Asian Ocm« XI Alios line '1 AN1 I APC lint V Aft M ASCI Bolt-Canoda
      920 words
    • 131 20 AFP THE OWNERS of the Dona Paz ferry on Sunday offered to raise by up to 50 per cent its compensation to the families of the victims of the world's worst peacetime maritime disaster. The Sulpicio Lines said it was willing to "raise its
      AFP  -  131 words
    • 35 20 Total number Tonnes dw Light tons Tankers/combos Dry cargo 94 (160) 513 (739) 7.69 (15.32) 8.92 (15.78) 1.43 (2.83) 3.15 (4.67) (1986 figures are in brackets)
      35 words
    • 125 20 1 Total number Tonnea dw Light tons TAIWAN Tankers/combos 34 (79) 3.40 (9.7) 0.59 (172) Dry cargo 204 (245) 5.10 (6.26) 1.70 (1 87) CHINA Tankera/comboa I 17 (21) 1.20 (1.49) (0.33) Dry cargo 48(108) 0.94 (3.09) (0.81) KOREA Tankera/comboa 7 (14)
      125 words
    • 82 20 THE NUMBER of ships sold for demolition fell sharply last year to 607 totalling 16.61 million tonnes dw or 4.58 million light tons from 899 amdunting to 31.1 million tonnes dw or 7.5 million light tons in 1986, London shipbroker E A Gibson said. The
      82 words
    • 266 20 Reuter WESTERN EUROPE'S shipbuilding yards doubled the volume of orders taken in the first nine months of 1987, the Organisation for Economic Development and Cooperation said. New orders were 1.79 million compensated gross tonnes (cgt) during that period, double those taken in the
      Reuter  -  266 words
    • 354 21 THAI manufacturers have joined the shipping industry to pressurise the port authority to review its decision to appoint exclusive mobile crane operator at Klong Toey. The Thai Garment Manufacturers Association and the Processed Food Association have told the Bangkok Post that they will launch
      354 words
    • 144 21 Retuer A SHIPYARD in northern Spain closed by management because of protests by Isid-off workers from another yard re-opened last week. The local government ruled that the Seetao yard had no reason to close, a spokesman for the state shipyard company Astilleros Espanoles (Asea) said.
      Retuer  -  144 words
    • 78 21 Reuter TWELVE people were feared dead after a Cypri-ot-registered cargo ship sank in an Atlantic gale 644 km off the Azores, Lloyd's Shipping Intelligence reported. Lloyd's said there had been no trace of the crew of the 2,723-ton Rolandia eight Filipinos and four West
      Reuter  -  78 words
    • 8067 26 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      8,067 words
    • 1228 27 Fawly active fixing to cover grain cargoes is reported out of US ports and rates appear to be stabilising after the recent setback, brokers said. An unchanged U5512.60 was reported paid for a 64,000 long tons heavy grain cargo from the US Gulf to Amsterdam. while a larger
      1,228 words
    • 1270 27 AT CONVENTIONAL WHARVES V«M«I Berth Arrival Departure KEPPEL WHARVES Alfesani KI9 olongside 0502/1500 Dong Mohliga K20 alongside *****600 Dyang Front. <32 olongside 0302/0100 Jen hoi K23 olongside 01 02/1200 Koto Nago K33 olongside 04 02,0600 lunar Rainbow K20 alongside 0202/0600 Monoloeverett ICZ7 olongside 0202/1800 Nile K36 alongside
      1,270 words
    • 2024 28 Who acts for whom A—B AB Shipping Boustead Shpg Agencies. ABC Containerline NV S'pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American President Lines APL
      2,024 words
    • 323 30 Lloyd 's List SWEDEN'S Johnson Line is pulling out of its six-year-old chemical tanker partnership with J O Odfjell, of Norway, to concentrate on its extensive passenger and liner shipping interest. Johnson's three whollyowned vessels within the Jo Tankers consortium are being sold
      Lloyd's List  -  323 words
    • 606 30 THREE BULK/OILERS are reported to have been sold to Continental buyers for about US$5O million en bloc, secondhand tonnage brokers said. The vessels are the Alexander of 75,710 tonnes dw built 1981, the August Thy Men also 75,710 tonnes dw built 1981, and the Kaszony of 75,470 tonnes dw
      606 words
  • Page 19 Advertisements
    • 791 19 TIMES STP Distributors Times Pufefcs/wn? Croup OOCL Orient Overseas CuUaimn Line WW Td *****11 TELEX NO RS ***** TERMINAUCFS T«t *****11 220 BOOKINGS T4 *****34 23S PCSAKA JAJtMNC SNIPPING AGENCIES SON. WO. •ORT KELANG TEL: 36*111 Tata No. MA3M77MA***** ENANG TEL *****4 TELEX NO MA***** CFS TEL 34S0S P.6UOAN6 TEL
      791 words
    • 105 19 mm PRICES on the shipsale and purchase market are expected to remain firm at least for the near term, London shipbrofcer E A Gibson said. Page II THAI manufacturers have joined the shipping industry to pressurise the port authority to review its decision to appoint exclusive mobile crane operator at
      105 words
    • 621 19 SINCAf"* 6 A _*\0 X sTKV^ TIMES si <• STP Distributors MAERSK LINE FAST TRANSIT TO CHARLESTON 29 DAYS FROM SINGAPORE 34 DATS FROM PORT KELANG 33 DAYS FROM PENANC Thn week Anders M Closing Tune CY 3/2 Z. 300 MRS CFS 3/2 1300 HRS ANOCRS M 8802 AXEL M
      621 words

  • Page 20 Advertisements
    • 706 20 C SAV Carrpjnu Sud Americana de Vjparcs S A Chile on Line t\t rO7? E to/from CHILE FEEDER VESSEL CSAV 1 CSAV 2 S PORE MOTHER VESSEL HK 2/2 KLAMPUS 10/2 2/2 CAR CARRIER (YOK 2S/2) 917 ARAUCO 2S/2 ARICA IQQ ANTOf VALP SAI H* 3/4 M 25/3 24/3 CARGO
      706 words
    • 19 20 Lines and services represented by Members of the Registry of Accredited JfiSa' Shipping Agents. Singapore National vV&Zff; Shipping Association.
      19 words
    • 317 20 CHARGEURS REUNIS m DIRECT SEMI CONTAINERISED SERVICE TO WEST AFRICA SPORE LA REUNION f NOIRE PCENTIL/LIBREVILLE DOUALA COTONOU HIMALAYA MARU 4/2 Jtn CR KHNTE NOIRE 1« 24/2 Sft tp ~#3 Ufl Optorg Shipping Pte. Ltd 'XGAPORf f NOUIPIF S 2???7Xi FA 27SS8S1 Port jbli OC 2 3 Pet.ilipq 7Mb?'93 ij?Sfr
      317 words

  • Page 21 Advertisements
    • 979 21 r A The Straits Steamship Group Mansfield Container Shipping Pte Ltd F&O Containers BMJt'.'il.l. a;U! n, mm Alto Accepting Cargo For: HMturi to Copenhagen. Aortwe. CaOmturf. Milan. Stockholm. Hol««i tmmtm la Airtmrv, Amterdoin o*l* lo«M—p>on to <11 UK tfeetinatiom. Hint inrt DuMm (CONTAINERS!* SERVICE FROM UK/CONTINENT: •Colin* Koto. Dipri. Tokyo
      979 words
    • 689 21 The future looks good The solid support for a solid future is what NYK Group's total services provide. The NYK Group provides door-to-door service for your shipment. Using truck, train, plane and ship based on our computer simulation program, NYK saves you time and money. Over a century of tested
      689 words

  • Page 22 Advertisements
    • 444 22 HXSINOSE El MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN ELRAM IRAN TAKHTI Singapore 7/2 1/3 Loading forBANDAR ABBAS DO KYOWA LINE PNG/S. PACIFIC SERVICE Singapore Loading for: 4 27/2 JAYA, LAE. HRA, TLG, LTK, MALAU MICRONESIA SERVICE SPORE PK LOAD FOR A VESSEL 25/2 27/2
      444 words
    • 790 22 k=»: *luHt A. LINE HK4 c»»*»**Ttoo FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Member ol the Ace Consorlum tUIH CONTAIN! RISED 10 FROM NORTH AMI RICA WIS! COAST CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL WONSBON KUANTAN S'PORE LOADING EOR 28/2 DUBAI. DAMMAM GEN AGENTS CROWN MARINE CO (PTE) LTD TEL:
      790 words
    • 307 22 m FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO CHITTAGONG: SAILING 5/2 9/2 FOR: PORTO. LISBON, ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER. TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER ft ISTANBUL U.S.A. ALSO ACCEPTING TO: CHICAGO, BOSTON. JAV, PHIL, SAV, MIAMI ALL INLAND DCBTNS PAPUA NEW GUINEA PORT
      307 words
    • 839 22 m taiMauJMata EVERGREEN Container Srrvt Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) HKC KSC KLC PUS OSK TYO KSN CMS lAI Mvr CVCR GRAND 4/2 *2 I*2 120 150 170 I*2 M LW M CVCR GREET WBIIW«W M»iSSS£S EVER GLOBE 20 *3 *1 100 I*3 150 l*} 4?4 *4 22 ?52 EVER GENTLE
      839 words

  • Page 23 Advertisements
    • 784 23 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 MA HAWK MA DRAGON BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE VEMCL SEA FORTUNE INTEGRA BUNGA BUTANG SEA FORTUNE INTEGRA VOY SIN PKL SLW FEN SM
      784 words
    • 526 23 ttJL BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT an an an an an on on on on on M «> in ia w uo im uo uo i;o no an an an an an an an an no v* *m w M M W I*4 MM UH 12/4 14/4
      526 words
    • 570 23 3 D J AS AGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKOM LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY SNM ••(■•AO Utnu ufA/»M l ip MTUMfIM 11-W »an CANM BHAKTI 2WTB UIV3 KUTM/14M IHW Subject to Indue* rr*»nt Atoo
      570 words
    • 354 23 BOUSTEAD SHIPPING AGENCIES BASSE IN V,« HTONEYWA VZ32W PAGAN V 124 PA-AN VI2IW BURMA FIVE STAR (Burmese National Line) P.Kelang Penang Bangkok 3/4 rt 14/15 Feb 22/24 Fab BANK LINE EXPRESS SEMI-CONTAINER S BEECO ASIA VIS Sport 1/2 WEIR BANK Vl5 Spore 29/2 (PNC ports: PORT MORESBY/KIETA/RABAUL/KWBE/LAE/MADANG) T/S: ALOTAU. OROBAY.
      354 words

  • Page 24 Advertisements
    • 1217 24 K"UfIE SHIPPIfIG-DflTfl flTLfinTkC CDfIST (Round-The-World Service) •PK/PNC SPORE LB CHLJ NEPTUNE JADE VII Sid 4 Feb 27 Feb IN ORIENTAL FAIR V 7 6 Feb 11 Feb 5 Mar IS M RAINBOW BRIDGE VII 13 Feb 18 Feb 12 Mar 22 M •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP
      1,217 words
    • 745 24 'M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Saipport P Ktterw P(mn| loadm( tor Mother Vsl By Ftcdr Br Ftedtr J i M. 2 Fe» Cltcuttj *Udr»l T n,M 27 Jm Cho/Bedraa/HM/CatcuttJ lE* 1 Feb IF* KendU/Bo**ey u «FA IF* IF* HM/Cel/Cho/Hadrat L 25 F U F(* 13 Ft* Cakutta/Hadru
      745 words
    • 707 24 Ttn GOLDEN LINE jgi GUAM GUAN SHIPPING (PTE) LTD V a. T»io* Ajftf StrM< "T 4 SINGAPORE 01M TIL &MJW (W LINES) Fn *****04 STRAITS/PERSIAN GULF SERVICE: GOLDCN HARVEST Cotombo K**hi Duiwi GOLDEN HAVEN CotomboiKarachi Du(w< CHINA SERVICE A VESSEL ShangturHsinkani BAI TUN SHAN Sh»n«fi»i HsinMnf S pore PKetonf Pen»n«
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    • 572 24 PHILI OfIICNT UN€5 PT€ LTD HEAD OFFICE 63 ROI'NSON ROAD •07 1? AFRO ASIA BUILDING SINGAPORE 0106 TELE* RS ***** PHILI FAX *****76 EAST FAR EAST 0 JS M KONG ROM KEELUNG. MANNA BANGKOK. TOKYO. COLOMBO KARACHI. BOMBAY EAST AFRICA/MEDITERRANEAN SERVICE UK EUROPE SERVICE *ii un lON. F STOWE S
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  • Page 25 Advertisements
    • 772 25 NOL NEPTUNE ORIENT LINES LTD i J Bahru NEPTUNE AGENCIES PTE LTD FE EU/AUST TP A/SEA Terminal CFS BOOKINGS *****53 *****42 *****22 *****53 27MUI 279M16 27*111 *****41 NEPLINE SON. BHD. 3HOH7 INWARDfOUTWARD NEPLINE SON BHO. *****33 ENQUIRIES 2717M4 NEPLINE SON BHD t20a3V627M0/t276t1/627K2 NEPLINE SON BHD zmmzmn ;n A mtfflbw of
      772 words
    • 398 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON S PO»f HUMS NIPIUNt tUM US I'll I II) Ifi ."Hill 'I .''mil 1 uaw) :nx:: (Oner .'.WW I.MM < Trunin ,1) .'.ll.'lHl .'.tl.'ilW (MS) M*[A»SIA 1 UNAS SI ll« M)N MHO *1 M ."lltVi 1.-'
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    • 887 25 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 ***** P KELANC MESSRS HAI THONG SNIPPING 127 Pmn, Strart. Panant Mittyu JF KUiirsu CaMas JAYAPOM PENANG. Tal
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    • 15 25 H ft 4 0 MADJU SENOIRIAN BERHAD 20-12 Tong Eng Building Singapore 0106 Tel *****87
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  • Page 26 Advertisements
    • 270 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Lines, fAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTF RACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE "VIA COLOMBO: Accepting carp tor INDIA Bombay, Cochin. Madras Calcutta ""VIA LARNACA Accepting cargo for Lattakia. Piraeus, Thessatooiki,
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  • Page 26 Miscellaneous
    • 172 26 Regional Weather Yt r rrm c N /W\ m zs i» k S! 4* 05 H if ft SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: a*' Wind direction with speed m knots Wove height One hoH fleche represents 5 knots R Thunderstorm Temperature c sho wer
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  • Page 27 Advertisements
    • 531 27 UNI-OCEAN LINES PTE. LTD. 60 Cecil St #02-01, KPB Building S'pore 0104 Tel: *****66 (5 Lines) Telex: RS ***** UNISHIP M TOMS MAX. LIFT 40 REEFER POMTS. II I I bGRH SHIPPING PTC LTD TEL: *****33 (4 LINES) FAX: *****22 WEEKLY LCL/FCL SERVICES TO HONG KONG MANILA KEELUNG BANGKOK KAOHSIUNG
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    • 260 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. □C IRAQI LINE '"*Ol ST ATI (NT (ft ISI fO» MMITIMf TRIMS (0 IT EAST BOUND SERVICE ETA S PORE LOADING FOR ALFARABI 15/2 Japan MV SINDBAD 20/2 Japan WEST BOUND SERVICE ETA S TORE LOADING FOR MV ALFARABI 15/3 Jeddah. Aoatu BaftwUd THROUGH
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  • Page 28 Advertisements
    • 715 28 EUROPE SERVICE rnrrMnrrrM *n an TM an w in FAR EAST SERVICE iin w isn nn on m it: m w Tin on an an an MIDDLE EAST GULF SERVICE y>o f I"Q out SMJ AM MM KWT BAH DOH I I"V Ml J AO6 MM KWT SAM DOM ag
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    • 351 28 ZIM FULL CONTAINER SERVICE accepting FCL/LCL cargoes to USA East ft est Coast. Carribbean.East Canada. HAITI. Costa Rica. El Salvador, kiatemala, Honduras. Venezuela. Peru. Ecuador. Colomtxa via Miami, rinidad. Barbados. Antigua, St. Lucia. Montserrat. Guayana via ingston AUSTRALIA CONTAINER SERVICE ZIM BRlSBANt 2IM EllAT ZIM KAOHSIUNG ACCEPTING CARGO TO AOILAlDI
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    • 628 28 f Everett Lines! TC& COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* ANO ALL OTHER CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P. Kelang* Singapore MANOLOEVERETT Q*,.U7/1 Feb JOHNEVERETT 15/1S F<6 MURRAYEVERETT Fefc ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA, KOBE. NAGOYA,
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  • Page 29 Advertisements
    • 61 29 Hamburg West Germany Tiger Line BEN LINE AGENCIES (S) PTE. LTD. Telephone: 225 3522 Telex: RS ***** MV CEDRUS V-2 MV TBN SANKI SHIPPING CO LTD Loading for S POKE COLOMBO RANGOON CHTC CHALNA CALCUTTA Sailed 1/1/ M W 12/2 AGENTS: OCEAN INT'L MARINE CORPN. (PTE) LTD 190 Middle Road
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    • 80 29 P.T. TYTYAN SAMODRA SHIPPING COY Envi Services Pte Ltd Tel: *****55 Tlx; RS ***** ENVISV Fax: *****28 Egyptian International Shipping Company SERVING DIRECT TO/FROM PORT SUEZ, ALEXANDRIA, AND PORT SAID BY EGYPTIAN FLAG VESSEIS WIST BOUND TO EGYPT M .y "SPHINX" VUS ETA SPORE 25.2.M EASTBOUNO PROM EOYPT, M.V. PYRAMIDS
      80 words
    • 515 29 LCL/FCL SERVICE KIETA. HABAUL, LA£. MAOANQ. WEWAK SOLOMON ISLANOS HONIARA NEW CALEDONIA NOUMEA TAHITI PAEETE E. MALAYSIA A BRUNEI EUROPE, USA, CANADA AUSTRALIA TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST UiI'KJJ LUCKY SEAWAY SERVICES PTE LTD Tin ***** Fa: *****77 S.E.ASIA/CHINA SERVICES SGP PKLANC PNC FOR H 6/2 HONGKONG.
      515 words
    • 658 29 ti COMPANY OF SAUOI ARABIA REGULAR RQ-RQ SERVICE TO MIDDLE EAST SINGAPORE I P KELANG I DAMMAM I JEDOAH H FIB Accepting Breakbulfc. Ro/Ro. Containers 4 FCL Containers for Sharjah, Doha and Riyadh REGULAR RO-RO SERVICE TO USA/CANADA VESSEL I SINGAPOREI P KELANGI BALTIMORE! NORFOLK I NEW ORLEANSI HOUSTON n.iky.v«iJ.i'.n
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    • 384 29 PERCH OCEAN LINES (Perfect China Ocean Shipping Lines) CHINA SERVICES Destinations: Etd. S PORE Etd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN WFFKI Y HAIKOU, ZHANJIANG XINGANG, QINGDAO SAILINGS SHANGHAI ft OTHER PORTS KM. J LJ3I "Mil 3 II W fIAPD SMPMNO PTE LTD FORTHAMf SEftVICI TEL 222 «77 TLX: 22*5 TEL
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  • Page 30 Advertisements
    • 373 30 iff Hai Sun Hup Co (Pte) Ltd LX I TEL *****06 (20 Lmes| TLX RS ***** RS ***** I \SI K\ \k I l\l K. I I I) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS enboku 19/2 'Subject to cargo inducement "Loading for Takamatsu NOTE: ALSO CALLING OTHER
      373 words
    • 487 30 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/KEXICO AND FRENCH WEST INDIES For: Halifax, Montreal, Portsmouth Norfolk, Savannah Iso serving GULF Miami, Mobil*, New Or torn. I »iieo City/FRENCH W. Indict Part D* Franc*. Cam**. COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMKOKTAJNEP SERVICE
      487 words
    • 238 30 LCL WEEKLY SERVICE TO: KEELUNG 1/2 HAM/BBEM 4/2 BANGKOK SO/1 ROTTERDAM 4/2 HONGKONG SI/1 THJORY 4/2 FRaMNTLE 1/2 SYD/MBJ 7/2 ADELAIDE 1/2 (transit time 12 days) WEEKLY CONSOL. SERVICE FROM GERMANY CON-CARRIER 55/87 CON-CARRIER 56/87 ETD GERMANY ETA S PORE 14/1 4/2 21/1 11/2 LCL SERVICE TO CARRIBEAN PORTS ST.
      238 words
    • 786 30 Dbuu> CALL US ATr 7Z p KELANG tT~ PENANG J BAHRU P. GUDANG SINGAPORE Mi K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B BUTANC 413 MTHR VSI B sum* SELANDIA OTHER DESTINATIONS AAftHUS. AMSTERDAM, ANTWERP. BASLE. BREMEN BREMERMAVEN COPENHAGEN. HELSINKI. MALMO. OSLO. STOCKHOUB. UK FROM EUROPE vsi
      786 words