The Business Times, 8 December 1988

Total Pages: 32
1 32 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, DECEMBER 8, 1988 75 CENTS
    11 words
  • 248 1 AP Dow higher WALL STREET stock prices turned higher in early trading yesterday after a narrowly mixed opening. Analysts said the rise represented some carry-over buying from the gains earlier this week but that many investors continued to worry about interest rates going higher. The Dow rose
    AP  -  248 words
  • 271 1 THE AUSTRALIAN dollar fell by nearly one US cent in Asia's foreign exchanges yesterday after a four-week surge which drove it past the US$O.BBOO mark. In Sydney yesterday, the Aussie currency changed hands at US$O.BBlO before finishing at U550.8739 against Tuesday's close of U550.8763. Earlier
    271 words
  • 472 1  -  Move to improve Singapore's role as rubber centre By WILLIAM CHIA THE TRADE DEVELOPMENT Board intends to take over the Rubber Association of Singapore (RAS) next year, sources said. The RAS is a low-profile statutory board that regulates the rubber trade and acts
    472 words
  • 83 1 Reuter THE US is becoming increasingly concerned about foreigners buying its assets and thinking that they own the country. US Republican Senator Frank Murkowski said: "Our foreign friends need to keep in mind that there's a world of difference between using US investments as a means to
    Reuter  -  83 words
  • 173 1 THE TOKYO stock market set a new record by soaring above the 30,000-point level yesterday with good news coming from both the home and overseas fronts. Japan's higher-than-expected 9.3 per cent third quarter GNP growth figure announced on Tuesday inspired investor confidence in their own
    173 words
  • 494 1  -  By SHOEB KAGDA THE NUMBER of Singaporeans leaving to set up homes in the traditional migrant countries of Australia, Canada and New Zealand seems to be levelling off. According to figures obtained from the high commissions of the three countries, although the numbers
    494 words
  • 510 1  -  By ROSIE TAN CREDITOR BANKS of debt-laden Malaya Tin Printing Co have approved a reconstruction scheme that would enable it to repay outstanding debts as well as receive an injection of new capital to turn it into a cash-rich company. The scheme,
    510 words
  • 323 1 Reuter, AP THE CHIEF NEGOTIATOR at the deadlocked Gatt talks in Montreal has read the Riot Act to ministers, warning that the whole process of lowering trade barriers could break down unless they make compromises on farm subsidies. Ricardo Zerbino, chairman of
    Reuter,; AP  -  323 words
  • 77 1 SINGAPORE AGENCY Batey Ads won the only gold medal at the recent Australian Writers and Art Directors Awards in Sydney. This is the first gold given to any agency outside Australia in the annual awards. Advertising M Marketing on Page 11 also examines the $1 million MercedesBenz
    77 words
  • Page 1 Advertisements
    • 129 1 fUJITUJ JIV OQ Cassette Receiver K2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore: Phone *****33 Kuala Lumpui Phone *****33 Penang Phone *****5 *****1 Jakarta Phone 3MOHS BUSINESS AND PLEASURE MEET FOR A GOOD DEAL I Come and see what is destined to be the most popular business hotel entertainment
      129 words
    • 218 1 Full report, PAGE 18 Regional Mkts, PAGE 20 Editorial Comment: 12 Keeping the civil service healthy Construction Industry 2 Poorest showing in the 1980s Information technology 3 Companies benefiting from IT Soviet ships 4 Possible dry dock near US base International aid 5 Call for tighter screening Ka Wah loans
      218 words
    • 5 1 One Man's View, PAGE 12
      5 words
    • 176 1 tdJ! s*v* iliiliyj US-EC term row a throat, PAGE f > This ad is. d^OTtope^ Uy lite you. (It takes less than 30 seconds to read and we've underlined the main points for you.) A PR]MEk. Now you don't need a different credit card account, a different savings account, a
      176 words

  • HOME NEWS
    • 443 2  -  Jobs worth $2.76b secured in first 10 months of this year By LEE HAN SHIH, Property Correspondent DESPITE strong support from the private sector, the construction industry is set to end the year with the poorest showing in the 1980s. According to the latest figures from
      443 words
    • 412 2  -  By JOHN THOMAS SINGAPORE yesterday urged India to advise Vietnam to help arrive at an amicable solution to the Cambodian problem by showing flexibility, in particular about a peace-keep-ing force, while India gave its backing for the Aseansponsored peace talks hosted by Indonesia. Singapore's Minister
      412 words
    • 140 2 THE OVERSEA-CHINESE Banking Corporation has extended banking hours at three more of its branches at Clementi, Jurong West and Yishun. An OCBC spokesman said last night that this move followed the "highly successful launch and positive response" to night banking at its Bedok
      140 words
    • 374 2 Seminars and f WS~< CAHNERS EXPOSITION GROUP Courses V-I Tel *****13 Tlx RS ***** CEGSP Fax *****6 Dec 14-16 Developing an Effective Notional National *****66 Training Officer Productivity Productivity Board Board Dec 14 and Producing a Business National National *****66 21 Plan for Effective Productivity Productivity Sourcing of
      374 words
    • 214 3 SOME 100 participants from eight different countries will be involved in a four-day education and career exhibition at the World Trade Centre starting from today. On offer at this exhibition will be the usual popular courses ranging from accountancy to business administration. Also
      214 words
    • 93 3 SELLING GOODS at far below market prices may sound like a good business strategy for getting rid of unwanted stocks, but in some countries this can lead to adverse government action. For this reason, the Australian government, together with the Trade Development Board, is to hold a
      93 words
    • 215 3 MR TAN BOON CHIANG has retired as the president of the Industrial Arbitration Court after 26 years. A Ministry of Labour statement yesterday said Mr Tan retired on Dec 4 after reaching the age of 65 years. Mr Tan was a Crown Counsel and Deputy
      215 words
    • 408 3 MBT SINGAPORE and Taiwan have agreed in principle to set up between 10 and 15 small- and medium-sized plants for downstream processing of rattan in Malaysia, if the existing export duty is lowered. The plants will entail investments of between M 5500,000
      MBT  -  408 words
    • 201 3 CAMBRIDGE examiners have drawn up a marking scheme for the 1988 GCE "A" level literature examination scripts of Singapore candidates affected by a typographical omission in the rubric of the paper. A joint statement issued yesterday by the Ministry of Education and the University of
      201 words
    • 327 3 THE QUALITY and quantity of the information technology manpower pool have grown exponentially over the last eight years. In the early days of the IT industry, there were only 850 computer professionals. The number has swelled to 8,000 this year, two years ahead
      327 words
    • 490 3  -  By JEFFREY TSANG GOVERNMENT promotion of information technology as a conduit for companies to be more competitive is bearing fruit with accelerated growth shown by companies installing computers But while more and more companies are taking to information technology, which involves the marriage
      Source: NCB IT Survey '87  -  490 words
  • Page 2 Advertisements
    • 198 2 t> yttr ?g*;k~ **%y Wtk&LpE*?' m p# kSH&s W..^, M v ■vV 7 ixvS T> > W j^P' x a**? KflMl kit >' r JU -v. A H i «s -V -V—J „#f' v ■;■'■•< V i sr.;* ia?» a»fi .o -v^ v r" v -v;- v > EVEN EXECUTIVES
      198 words
  • Page 2 Miscellaneous
    • 135 2 mm W// Singapore OUTLOOK: Showers in few areas in the early evening. Report for 2A hours prior to 7.30pm on Dec 7 at the airport; Max temp 30.7 Assoc humidity SO Mln temp 23.4 Assoc humidity 90 Hrs of S-Jiwhine 6.45 Rainfall in mm nil Rainfall this mth 30.7 Rainy
      135 words

  • Page 3 Advertisements
    • 77 3 PARISINI BRIEFCASE FASHIONABLE fj; THE OFFERMANN BRIEFCASE, IN BLACK, EXUDES TIMELESS ELEGANCE DESIGNED WITH MANY COMPARTMENTS. FOR THE BUSY FXECUTIVE A MONTBLANC MASTERPIECE, PART OF THE MEISTERSTUCK COLLECTION IN CLASSIC BLACK F YOU HAVEN'T MADE IT TO THE OFFENBACH, YOU HAVEN'T MADE IT. PARAGON 290 ORCHARD ROAD #01 ICVI2 FROM
      77 words

  • ASIA-PACIFIC
    • 459 4  -  By AL O LABITA Jr THE PHILIPPINE GOVERNMENT is studying the possibility of allowing Soviet ships to dry dock near the tightly-guarded American naval base in Subic Bay for certain economic considerations, according to diplomats. Part of the study, they
      459 words
    • 313 4 AFP PRESIDENT Corazon Aquino said the democratic heritage of the US and the Philippines, not their security ties, was the basis of the bond between the two countries. "The best hope of lasting friendship between America and the Philippines
      AFP  -  313 words
    • 144 4 AP SOVIET FOREIGN MINISTER Eduard Shevardnadze will visit the Philippines for two days this month, the Philippine Department of Foreign Affairs said yesterday. Spokesman Villamor Cardema said Mr Shevardnadze would arrive on Dec 21 and leave the following day. Mr Cardema said details of the visit
      AP  -  144 words
    • 214 4 Reuter, UPI PLO LEADER Yasser Arafat has scored a diplomatic coup in Sweden, receiving an official welcome usually reserved for heads of government and holding talks with five American Jewish intellectuals. Officials in Stockholm said the enthusiastic welcome given by the Swedish government on Tuesday was
      Reuter,; UPI  -  214 words
    • 105 4 AP CHINA has given Tulsa a stone from its Great Wall while at the same time participating in the opening of an office intended to expand its trade relations with the United States. A US Labour Department official said yesterday that the opening of
      AP  -  105 words
  • 826 4 ARRIVALS Operator Socvico Local From numbor tim* MA W421 1130 IWN SU SO 201 1145 CGK GU GA940 1150 MES PAL PB504 1150 KIA CAA CA395 1150 HAK su SQ191 1155 THA TG403 1155 8KK GU GA900 1210 PKU MAS MH641 1230 KCH GU GA884 1235 CGK
    826 words
  • Page 4 Advertisements
    • 34 4 Be: :V u vm m > «k y> benelli The Benelli Shop: 218 Orchard Road, #01-01 Orchard Emerald (opposite Specialist s C entre), Singafxne 0923. I el: *****54. Benelli Comer: Metro Grand at Lucky Plaza.
      34 words
    • 336 4 fI 1m \I Ifl The business person's chotce. even/ I I II 111 1 Tuesday. Thursday. Saturday and I 1 f|V 1 VI II I Sunday. Leaving Changi Airport at I I \y_/J 1 22 05 hours and arriving at Lester B Pearson International Airport the following day Call your
      336 words

  • Page 5 Advertisements
    • 133 5 AT TIMES, EVEN MEN OF RESOLUTION MUST SUCCUMB TO FITS OF PASSION. THE NEW MERCEDES-BENZ 200 E. THE MOST EXCITING 4-CYLINDER. 2-LITRE. MECHANICAL/ELECTRONIC FUEL-INJECTED CAR. MAXIMUM POWER OUTPUT OF 90 KW(I22 BHP). 0 TO 100KM/H IN 11.4 SECONDS. TOP SPEED OF 19SKM/H. ANTI-LOCK BRAKING SYSTEM (ABS) AS A STANDARD FEATURE.
      133 words

  • REST OF THE WORLD
    • 550 6  -  Mid-term review of Gatt's Uruguay Round By PAUL GOPAL ON THE SECOND DAY ol the multi-lateral trade negotiations on Tuesday, Malaysia's Trade Industry Minister Oatin Paduka Rafidah Aziz appeared to reflect the growing frustration among most countries over the threat to the Uruguay Round created
      550 words
    • 196 6 Reuter UNITED NATIONS Secretary General Javier Perez de Cuellar, now personally in charge of all UN peacemaking efforts, will soon begin a new drive to resolve some of the world's most intractable conflicts, a senior official said. The dispute between Iran and
      Reuter  -  196 words
    • 446 6 Reuter, AFP AN INTERNATIONAL aid agency has urged developed countries to screen Third World projects more closely so as not to waste precious funds. "The aim is to arrive at a short list of projects which should be subject to more detailed scrutiny," the
      Reuter,; AFP  -  446 words
    • 400 6 Reuter PRESIDENT-ELECT George Bush has selected career diplomat Thomas Pickering to be US ambassador to the United Nations and chose Washington lawyer Carta Hills, his first female nominee, as his trade representative. Mr Bush announced that Texan oilman Robert Mosbacher was his choice
      Reuter  -  400 words
    • 141 6 AP THE PENTAGON has decided to set up an emergency team of computer experts and a small crisis communications centre to respond to future "virus" attacks on its scientific and contractor computer networks. The team will "include more than 100 experts located throughout the United
      AP  -  141 words
  • Page 6 Advertisements
    • 196 6 THE CAR TO SILENCE THE COMPETITION. PEUGEOT 405 Acclaimed for innovation, performance, technical qualities, comfort, safety, low running cost, competitiveness and value for money. EUROPEAN CAR OF THE YEAR 1988 Peugeot 405 464 points Toyota Corolla: 140 points Citroen AX:252 points Daihatsu Charade:s2 points Honda Preiude:234 points Toyota Camry:4o points
      196 words
    • 137 6 BALLY ACCESSORI ES SSSHI- J m Style abounds in the classic elegance of Bally. With a new and very sleek line of fashion accessories for men. To add that finishing touch to your look. Singapore: Baity Boutique Raffles City Bally Boutique Rcyai Holiday inn Champion Shoe Co Lucky Plaza Chanrai
      137 words
  • Page 6 Miscellaneous

  • BANKING AND FINANCE
    • 233 7 Interbank rates at 3pm yesterday: BIO tei rate* OFFER eroee pertty Local dollars to on* unit of foreign currency: US dollar 1.9460 1.9470 2.8196 -30.98 Starling pound 3.6010 3.6048 7.3469 -50.99 Australian dollar 1.6988 1.7016 3.4286 -50.45 NZ dollar 1.2600 1.2626 3.4286 -63.25 Canadian dollar 1.6311 1.6333 3.4206
      233 words
    • 1017 7 SINGAPORE: Asia took its cue from New York as it pushed the US dollar higher from lows of 1.7350 mark and 121.85 yen. Sterling ended at US$l.B5OO and the Singapore unit closed at $1.9435. A Dutch radio report that Soviet leader Mikhail Gorbachev would declare a unilateral 30
      1,017 words
    • 244 7 AFP A FOUR-MEMBER team from Hongkong's Independent Commission Against Corruption (ICAC) is in Malaysia to investigate loans allegedly obtained from Ka Wah Bank using false documents as security. Alexander Bremner, the leader of the ICAC team, said on Tuesday that
      AFP  -  244 words
    • 242 7 Reuter A WORLD BANK official says a new agenda is needed to spur recovery among middle-income debtor nations and avoid an erosion of efforts to combat the international debt crisis. Senior vice-president Moeen Oureshi, one of the bank's top five officials, told
      Reuter  -  242 words
  • Page 7 Advertisements
    • 66 7 INVESTMENT CKH BUILDING 50 Playfair Road (3rd to Bth Storeys) Features Total Strata floor area 4,146 sq m (44,627 sq ft) Located at the heart of MacPherson Industrial Estate Easy access to CBD airport Jurong Port via PIE For further information, Contact Sole Marketing Agent Richard Ellis (Re) Ltd 21
      66 words
    • 207 7 AND YOU CAN FORGET ABOUT THE PRINTER Because we're going to give it to you. Absolutely free! If you choose our PC J1 or FCe we'll give you the 9-pin LX 800 printer, the compact one that pnnts 180 characters per second. If a ***** machine like our PC AX
      207 words

  • MONEY AND EXCHANGES
    • 598 8 BA Futures MARCH EURODOLLAR FUTURES yesterday opened sharply higher than the previous Simex close at 90 92 on prospects of a US budget deficit reduction, lower energy prices as well as weaker federal funds rates The March contract continued to trade higher to 90.99 before heavy profit-taking on rumours
      BA Futures  -  598 words
    • 166 8 Gold futures on Dec 6, 1988 100 troy ounces USS per troy ounce Open M«h Low teMe OK 429.70 429.50 425.70 427JO -140 Jon *9 430.30 -1.70 F«to 434.00 434.30 ***** 432.60 -140 Ap» Jun 439.40 442.40 439 80 436.50 -140 453.50 445.50 442.00 443.90 140 Aug
      166 words
    • 171 8 th« prim* tofMUngTaS* of 12 major bank* In S'por* Interbank market rates (offer/bid) on Dec 7 us$ DM SWFC Y«n 7 doyi 11/14 »/l* 13 13 7f% 4 IS/I*— 13/1* 4S/I-3/I 41/1-4 1 9 7/14 13 l/l* 13 IS/U S S/I* 3/1* S 3/1* 1/1* 4S/I-I/J 3
      171 words
    • 276 8 Asian market Asian dollar deposit rates closed easier in quiet trading yesterday due to a sharp rise in US bond prices and a late decline in the US federal funds rate, dealers said. Among short dates, the overnight rate closed at 8-9/16 8-7/16 per cent, down 1/8 point from Tuesday's
      276 words
    • 63 8 THE OVERNIGHT rate on the Singapore money market rose 1/4 point to close at 5-1/4 per cent yesterday. The onemonth term rate rose 1/16 point while the two and three-months remained unchanged. S$ Interbank rates at the close yesterday: Offft MO S 1/4 3 I murt 5 1/#
      63 words
    • 103 8 Treasi ury bills Period Issue Yesterday's dosing Day's code Maturity BtO OfPEB HKX LOW 3 months BQ*****S 02.03.89 342 3.57 3.65 3.38 6 month* BY*****Z 23.03.89 373 3.68 377 3.55 1 year BY*****H 23.11.89 4.27 4.22 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's
      103 words
    • 225 8 Reuter IMM foreign currency futures ended sharply lower on Tuesday and near session lows after a volatile but thinly traded session. Some traders viewed the fall as a technical correction to last Friday's late rally and currencies' rise in recent weeks. The market had become overbought in the eyes
      Reuter  -  225 words
    • 1572 9 CURRENCY FUTURES OPTIONS Wednesday, Dec 7 1988 DEUTSCHEMARK (SIMEX) Oec M call* 0«c M pula High Low Salt Htgli Low Sal 52 <-AI 53 54 55 56 57 58 59 60 61 62 54 1 1 II 1 1 1 1 1 1 1 1 i 345A 24SA I34A
      1,572 words
  • Page 8 Advertisements
    • 173 8 4 Discover what Royal treatment is like, with Thai. The name Royal Executive Class did not come about by chance. Instead it is a reflection of Thai's belief in treating our passengers like royalty. From the moment you enter our new REC lounge at Don Muang Airport, Bangkok, the royal
      173 words
    • 59 8 All that jazz you've heard about a new Nutmegs is true. A different menu every day of the week, live seafood and a buffet lunch. But our famous dessert bar and your favourite jazz sounds still remain. Nutmegs. It's a different flavour every day of the week. OH RfSfHVAIIONS CAU
      59 words

  • Page 9 Advertisements
    • 106 9 The new Delirium» bracelet watch in 18-carat gold for ladies and men. A mere tuv point nine- five millimeters thin. Exquisitely engineered, perfectly integrated. Water-resistant. Available only at specially authorized watch retailers jewellers. Authorised Dealers: SINGAPORE: Asia Watch (Parkway Parade), Chew Cheong Watch Centre (Shaw Centre, Wisma Atria), Cortina Watch
      106 words

  • COMMODITIES
    • 411 10 HONGKONG: The metal closed weaker yesterday in moderate trading in response to a firmer US dollar. There was renewed selling by local and Japanese investors in the afternoon, dealers said. Bullion ended at U*****.20/70 an ounce against an initial U*****.50/90 and compared with New York's close of U*****.20/70.
      411 words
    • 77 10 (cann/kg) JANUARY 1988 FEBRUARY 1988 (currant month) (forward month) RAS NOON NOON Jyytn SaNan Ivyan Saltan SSB 20 )89.00 191.001 189.00 191 00N SSB 50 187.00 189.00N 187.00 I89.00N MRELB bytn Saltan Ivyan Sfdfn SMR CV 202.00 204.00N 204.00 206.00N SMt I 296J0 298.50N 298.50 300JON SM*
      77 words
    • 191 10 SINGAPORE: Prices closed sharply higher yesterday with January One RSS buyer quoted at 211.00 cents a kg. up 6.50 cents from Tuesday's close. Dealers said prices rose further in moderate afternoon trading on continued speculative buying interest in response to gains on Japanese prices. MALAYSIA: Late speculative buying as
      191 words
    • 274 10 RAS prices m s cmMb. roe In tei« NOON CLOSE ftuyora Sailor* Suyort Sollort Inf 1 RSS Prompt 203.50 204.50N 207.50 208JON Int 1 RSS Jan 88 207.00 208.00N 211.00 212.00N Irrt 1 RSS Fob 210.00 211.00N 213.00 21 4.00N lot 2 RSS OP 201.50 203.SON 197.50
      274 words
    • 126 10 Tin recovered a cent to MS 19.80 a kg on continued atrong buying from European and local interests yesterday. Trading was again brief as the rise wae limited by high offerings by miners. Turnover roee to 130 tonnes from 101 on Tuesday. Turnover roee to 280 tonnes from
      126 words
    • 170 10 Telerate FUEL OIL prices remained little changed yesterday. Some traders said current levels could move lower in the next few days on the back of relatively poor demand. In Japan, import needs for second-half December and first-half January CSTIBO cargoes remained weak due to its high
      Telerate  -  170 words
    • 414 10 MALAYSIAN CRUDE PALM OIL FUTURES closed firmer yesterday on strong covering and speculative buying, reflecting rises in overnight Chicago soyoil futures. India's continued rejection of palm oil offers failed to dampen sentiment and prices mostly ended at the day's highs. February closed Ms 22 higher at M 51,022
      414 words
    • 238 10 Chinese Produce Exchange Sellers' noon closing prices on Doc 7 (S$/100 kg) Coconut oil tut fo« 113.00 Oid drum FOB 123.00 N.w drum FOB 127.00 Copra Mixed (loose) 66 igjlin Pepper Mumok oMM FOB NtW 730.00 Sarawak while FOB foq NIW 720.00 Sarawak special Mack FOB NIW 400.00
      238 words
    • 286 10 London Commodity Exchange Buy*r/S«4lor doting print on Doc 6, (£/tonn« urv lot* tpodfiod). Provloot doting pricot in paronfhoth. con— (oth in-itora London, toftori option OF London Jon 1099/1100 (1103/1105) High/Low 1110/1098 Mor 1093/1094 (1096/1099 High/Low 1110/1099 Sot** (3719) Cocoa Doc 838/840 (843/845) High/Low 854/839 Mar 859/860 1863/864) High/Low
      286 words
  • Page 10 Advertisements
    • 64 10 y< < i a a I A '#r?£\ f A I* •V? m? v v. V Skeleton Gents. Model *****/206 18k gold with interwoven bracelet: manual Recommended retail price: $38,600 Available in ladies model and in white gold. Exclusively at CORTINA WATCH CENTRE PTK LTD TKL *****81. *****84. 33<««8f». ROY
      64 words

  • ADVERTISING & MARKETING
    • 380 11  -  By MONICA GWEE WHAT DOES IT TAKE to make someone sign over $174,000 for one German car over another? Certainly not rational calculation more like "a fit of passion To stir the human spirit enough to get out the cheque book. Cycle Carriage is investing
      380 words
    • 287 11  -  By MONICA GWEE FOR ITS FIRST FORAY into ladies' fashion, M B Melwani Re Ltd has launched the German label, Escada, in Singapore. The retail company also has the rights for Indonesia and Malaysia. Escada is Melwani's first new brand launch following cutbacks and a review
      287 words
    • 125 11 Film Factory LIFE insurance company Great Eastern Life has broken into TV advertising for the first time with a $300,000 campaign. The 30-second commercial by Lintas, broke on Nov 26 and will run on prime time TV until Christmas. A young boy's impression of
      Film Factory  -  125 words
    • 379 11  -  By JOHN TAN IN A SIGNIFICANT COUP. Singapore agency Batey Ads took the only gold medal at the recent Australian Writers and Art Directors Awards in Sydney. This is the first time that the gold medal has been won by any foreign
      379 words
  • Page 11 Advertisements
    • 89 11 I THE STEAK HOUSE IN A HOTEL WITHOUT HOTEDfI PRICES N.Z. Fillet Steak $14.00 U.S. Tenderloin Steak 521.50 N.Z. Sirloin Steak SlO.OO U.S. Stnploin Steak $19.00 N.Z. Ribeye Steak $11.00 U.S. Ribeye Steak $IQ.OO U,S. T-bone Steak $19.00 Prices include Soup Choice of Black Pepper. Samba! or Mushroom Sauce Delightful
      89 words
    • 173 11 Money talks. And we speak all With 27 branches in Asias major financial centers and 7 in California, Security Pacific Asian Bank" is obviously well equipped to meet the commercial and banking needs of clients on both sides of the Pacific. What may not be so obvious is our strength
      173 words

  • PERSPECTIVE
    • 434 12 THE FACE OF the civil service is changing. Once the stiff, starch-collared epitome of bureaucracy and administrative inertia, today's civil service is evolving into a progressive and enlightened institution. That it still is, and must remain so, is the civil service's greatest challenge. The civil
      434 words
    • 1275 12  -  ONE MAN'SMV By SEAH CHIANG NEE A READER WROTE to the press recently, asking the government not to allow Central Provident Fund savings to be used for tertiary education abroad because such a policy would encourage emigration. Many students who study overseas tend to do
      1,275 words
  • Page 12 Advertisements
    • 143 12 "Why is KLM always i business connections?" a r M m rX 7 O ex hS*S^3| 'J*. fee c. iv ;v r. When your business is on the move, you need an airline that keeps up. That's why KLM continuously expands its network offering flights to 138 destinations in 77
      143 words
    • 256 12 40QOOO visitors were impressed by what they saw. 550 exhibitors transacted millions of dollars worth of business. 12 countries' participation made it a truly international affair. The Greatest Show in Singapore is back! <^ a n-ade&Industry Fair 89 14th 20th August 1989 World Trade Centre In 1985 It was the
      256 words
  • Page 12 Miscellaneous
    • 54 12 LOISH I tOPiS fRiCH Li<e ey pvgs 6eecHP\m BOBBISH' you KW U3WIP»T To DO U)ITM IT If MFND |T VOO V4f\V£. To HPiVC MOKJOf To KNOtJ nou) to sPeisiD moNey PS yeRRuV SA.-JV.«QIM TiCXfcT.. "TEPv CXX>&Le. CP>K£S £\AE£V DP*y PND PkN ICJE. cfcefw ON rvw bjp»V BF\CX F(3om tUrJCH JN
      54 words

  • SPORTS
    • 525 13 TENNIS UPI FOR A WEEK, Boris Becker has been speaking in soft terms of s new maturity. His game has been of championship calibre ever since he captured Wimbledon for the firsl time in 1985, and Becker believes it was mental attitude that
      UPI  -  525 words
    • 197 13 AFP UNSEEDED Sweden knocked the US out of the Federation Cup in Melbourne on Wednesday in a major second-round upset. Maria Strandlund peat Patty Fendick 6-2, 7-6 (7-3) in the opening singles to put the Americans on the ropes. Caterina Lindqvist followed
      AFP  -  197 words
    • 333 13 SKIING AP MARC GIRARDELLI of Luxembourg won the opening slalom of the men's World Cup ski season on Tuesday as Italian favourite Alberto Tomba dropped out halfway through the second run in Sestriere, Italy. Girardelli, a 25-year-old Aus-trian-born skier, clocked a winning aggregate of one
      AP  -  333 words
    • 137 13 CRICKET AFP AUSTRALIA'S cricketers, who just loet their second Test to the West Indies, are facing a confidence crisis sparked by their earlier disastrous tour of Pakistan, coach and selector Bob Simpson said. He said yesterday the side will go back to basics and work hard
      AFP  -  137 words
    • 282 13 AFP GRAEME HICK's dream of playing Test cricket next summer could move a step nearer reality today, or it could just as easily be kept on ice until 1991 by those determined to oppose a further easing of England's qualification rules.
      AFP  -  282 words
    • 170 13 MOTOR RACING Reuter BRITISH DESIGNER John Barnard denied he has an ultimatum from Ferrari to complete a new car for the 1989 Formula One motor racing season. He said he hoped to have his newly-designed vehicle ready by the end of January. Barnard was speaking
      Reuter  -  170 words
    • 229 13 GOLF Reuter THE AMERICAN partnership of Ben Crenshaw and Mark McCumber is favoured to win golf's World Cup in Australia this week. They head 32 two-man teams, from Argentina to Zimbabwe, vying for the prestige and some useful prize money. Many of the
      Reuter  -  229 words
    • 589 13  -  Jrankly, sp.ea.kinq.... WALTON MORAIS EVERY COUPLE of years, around this tima, the question gets thrown at me. So, you're a sportsman, sportswriter and sports fan. Then why the hell aren't you running in the marathon? I've stopped trying to make excuses. You can't
      589 words
  • Page 13 Advertisements
    • 242 13 39wW'' one mm so open its installed base is growing faster than any other: UNIX, id there's one ®3"! i >' KllPr :ed to Jfc 2 Sp#i^ .7 r;: s MPlfflipl jfr t 4 i All open systems are created equal. That's the whole point of standards. But all vendors
      242 words
    • 281 13 You are invited to the "Show of Showt IE CS December 8— 11, 1988 Halls 3, 4 5; World Trade Centre The biggest and most important information technology exhibition in the Asia/Pacific region opens in Singapore on December 8. Occupying nearly 20,000 sq.m. at the World Trade Centre it is
      281 words

  • LEISURE
    • 451 14  -  CHESS By DEXTER LEE A SIMPLE STRATEGY draw high, win low at the recently concluded XXVIII Chess Olympiad in Thessoloniki, Greece, proved successful and steered Singapore to finish among the top 50 of the 106 countries that took part. Seeded 51st at the start of the
      451 words
    • 157 14 CHARITY YOU DON't have to be in red garb or sport a snowy beard to play Santa this year. What you do need though, is a heart large enough to think of the 56,355 people who make up the Community Chest. Your presents are
      157 words
    • 593 15 WILDLIFE CONSERVATION UPI PRINCE PHILIP said the effort to save two grey whales trapped by ice in Alaskan waters was a circus that failed to benefit the species or the cause of wildlife conservationists such as himself. "It had no significance whatever for
      UPI  -  593 words
    • 464 15 BOOKS Reuter EGYPTIAN RELIGIOUS AUTHORITIES have banned serialisation of a novel by Egypt's Nobel Prize-winning author, Naguib Mahfouz, seven weeks after he won the prestigious award for literature. Mr Mahfouz, the first Arab writer to win the Nobel Prize, said he does not want
      Reuter  -  464 words
  • Page 14 Advertisements
    • 825 14 Wa POMMERY Where to entertain FASHIONABLY HYATT Join the fashion-conscious every Thursday(3.(X) 6.00 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus.show at $10.90
      825 words
    • 185 14 Uf s. nee* beef steak with oyster Mice roast rib of beef carrot cake beryani rice nonya kueh mango pudding fresh fruits chocolate mousse and much, much more! 59thfloor 'EE I Singapore 0923. Td: *****11 The most popular buffet lunch renowneo for its value-for-money 3A y£ 40 other new varieties!
      185 words

  • Page 15 Advertisements
    • 216 15 übertus d>rtll »w 2#r 7.\ So much to choose for only $21.50 A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection superb pastries, truffles, fortes... cheese board, fresh fruit freshly brewed coffee All for $21.50 And for $27 50 you can add a
      216 words
    • 63 15 POMMERY Only 17 out 0f254 champagne crus (ullages) achieie the distinction of a 99 or 100% rating for tlxnr quality. The House of Pommery owns more of these 100°/o rated limarclstlxin aw otiyer grande marque. With 300 hectare spreads, in the Montague de Reims ami Cotes des Blancs regions of
      63 words
  • Page 15 Miscellaneous
    • 624 15 CRYPTIC PUZZLE ACROSS 1 A woman you cheat at some risk? (5) 6 Jumps over large metal containers (5) 9 Beastly name for the ship's cat? (3, 4) 10 It has thin legs and possibly tilts (5) 11 Neither exclamation suits this girl (5) 12 Does he act lor only
      624 words
    • 1255 15 to aai) oaaw) The lacocca profile SL s I lACOCCA: AN AMERICAN PROFILE B.oopm, Channel 12 This programme offers a profile of America's best known business leader, Chrysler man Lee lacocca (right). Although there is much good material at hand, the film runs too much like a poorly shot family
      1,255 words

  • Page 16 Advertisements
    • 272 16 Built-in everything 1 H v' y a a •-\t >■■■».:■■. ■■■>■■■■...:■ v Sil<; SO Sliil iS ■:<■ I H ,-n*> f ■:'''vi?: V*-V'\ mlmm SECSilentwrHer LC-800 PostScript Page Printer •>:• With 2nd hopper built-in economy. NEC Silentwriter LC-890 SUPER SOPHISTICATED LASER-CLASS PRINTER The LC-890 Silentwriter may cost more, initially. But
      272 words

  • COMPANIES & STOCK MARKETS
    • 275 17 THE KEDAH GOVERNMENT is trying to recover Ms 4 million from Promet Bhd as arrears on land leased to the group in Langkawi. The arrears comprised interest charged for the late payment of premiums on a 35-hectare piece of land on
      275 words
    • 296 17 MBT MAGNUM CORPORATION, which chalked up a turnover of Mssoo million from its gaming activities last year, expects sales to increase by 20 per cent following the implementation of its on-line computerisation programme. Chairman Oh Bak Kim said yesterday that the
      MBT  -  296 words
    • 290 17 MBT AMALGAMATED Steel Mills (ASM) plans to continue consolidating its resources for the current financial year and to expand its manufacturing commitment into high val-ue-added products. The commodity prices, foreign exports and investments have increased significantly and the trend is anticipated to continue. In
      MBT  -  290 words
    • 543 17  -  By LEE HAN SHIH, Property Correspondent THREE COMPANIES DBS Land, Malayan Credit Ltd and Metrobilt are likely to pitch for jobs in the Orchard Square project. DBS Land, the listed property arm of the DBS group, is already considering an offer
      543 words
    • 422 17  -  By ANDREA BORCH SHERWOOD Development Pte Ltd, a recently formed joint venture between Straits Properties Ltd and Houw Hing Holdings Re Ltd, has started digging the foundation of a $13-million residential development. Straits Properties, a subsidiary of Straits Steamship Co Ltd. has
      422 words
    • 204 17 Bernama THE MALAYSIAN GOVERNMENT'S plan to make changes to the composition of the Kuala Lumpur Stock Exchange Committee, including the appointment of a full-time executive chairman, has been described as a "positive measure" that will create greater confidence among investors. Arab-Malaysian Merchant Bank Bhd (AMMB) managing
      Bernama  -  204 words
    • 224 17 MBT TRACTORS Malaysia Holdings' subsid ary, Tractors Malaysia Motor Holdings, is to sell 40 p? cent of Land Rover (M) 1o Ms 4 8 million cash. The buyer is Bapema Corporation a bumiputra investment holding company. Accordir.y to Tractors" managing director David Park as
      MBT  -  224 words
    • SES
      • 1096 18  -  -by JOCELYN TOH THE LOCAL stock market did not have the support of institutional buyers to ride the wave of gains on the New York and Tokyo stock exchanges. With mostly individual investors testing the waters. share prices could only rise marginally.
        1,096 words
      • 108 18 LINQUI DEVELOPMENTS Berhad: 20th AQM at Ballroom Prince 3, Prince Hotel. Jalan Imbi, Kuala Lumpur, today at 9.30am. LUM CHANG HOLDINGS Ltd: 6th AGM at Board Room of the office of the company, 38 Kim Tian Road #03-00, Kim Tian Plaza on Dec 9 at 11.00am. SINGAPORE LAND
        108 words
      • 89 18 Company RIGHTS ISSUE Spore land One 2% unsecured k*w i stock with detachable warrants tor every ordinory there held Eoch $2 no" unol value loon stock will be alloted on warrant, convertible anytwee with in five yean Ex-date Nov 26 Books dote Dec 8 Company OTHERS Ind Oxygen
        89 words
      • 309 18 Company RIGHTS ISSUE C 1 Holdings 27 million loan stocks in the ratio of $3 loon ltock for every five ordinary shores held. 0 C Bank One for two $0 75 per lhore Duta Cons One-for on* $1.10 per shore F A C B One-for one $060 par
        309 words
    • 5557 18 19M High Low Tel Cod* Company Last Sale DEC 07 0laVol Day 000) High Low Laat Quote Buyer Seller Qr's Dtv Dtv C'vr Qr's rid Nat PIE M Cap $mN SECTION ONE INDUSTRIAL ft COMMERCIAL 141 65 218 167 135 460 209 350 129 167 177 297
      5,557 words
    • KLSE
      • 3386 19 INVESTORS continued to enjoy small gains yesterday as the Kuala Lumpur stock market rose for the second consecutive day onmoderate buying support in another session of lacklustre trading. Dealers again attributed the better sentiment to the overnight 25point gain on Wall Street and improvement
        3,386 words
    • REGIONAL MARKETS
      • 363 20 FT NOMURA, the largest Japanese securities group, has announced a stake of 10 per cent in the French stock broker Francois-Dufour Kervern. It is the first stake to be taken in a French broker by a Japanese house, and Nomura's first such holding in Europe.
        FT  -  363 words
      • 503 20 Reuter ZURICH: Swiss share prices ended a quiet session moderately higher yesterday, dealers said. Early gains on the basis of the new record high in Tokyo and Wall Street's firmer close were trimmed by profit-taking because of a general feeling of uncertainty about the future development of
        Reuter  -  503 words
      • 565 20 fokyo Reuter TOKYO share prices soared just before the close yesterday and the main index broke through the 30,000-yen level for the first time. The burst of buying was due to yesterday being "Witching day", or the day when investors have to settle their December futures contracts.
        Reuter  -  565 words
      • 519 20 Australia Reuter OVERSEAS BUYING and a rally on Wall Street sparked a rise on the Australian share market yesterday for the second consecutive day, dealers said. There was some interest from Hongkong and Japan, one broker said, but added that there was no genuine long term investment
        Reuter  -  519 words
      • 1347 20 Hongkong Reuter HONGKONG STOCKS shrugged off their morning blues yesterday to stage an afternoon rally on rumours that the HK Telecom share issue was well over-subscribed, dealers said. The late surge drove the Hang Seng index up to close 13.69 points higher j at 2,690.28 while
        Reuter  -  1,347 words
      • 485 20 Reuter TAIWANESE SHARES closed higher for the second straight day yesterday, but brokers said the euphoria that greeted the finance ministry's approval for a bonus issue by three banks had subsided. The index rose 73.42 points to end at 6,687.78 on turnover of NT551.55 billion. Losers
        Reuter  -  485 words
      • 146 20 Reuter SHARE PRICES on the Bombay stock exchange fell sharply yesterday for third successive day on end-of-account considerations, brokers said. They said heavy margins imposed on purchases and sales in 50 leading scrips, to curb excess speculation, also added to the downward swing. Brokers said the market
        Reuter  -  146 words
      • 89 20 Reuter MANILA share prices dropped for the second day in a row yesterday on continued profit-tak-ing but mining issues held steady as copper prices remained firm, brokers said. "The market opened on more profit-taking before recovering to close only slightly lower," said Joseph Roxas, an analyst at R
        Reuter  -  89 words
      • 151 20 Reuter THE SECURITIES Exchange of Thailand Index fell 1.63 points to 304.86 yesterday on a turnover of 3,498,400 shares worth 259.75 million baht. OCC 07 I MHT AoKhamThal 334 -8 Ayudhya investment Bangkok AgrcMnd 103 uneh Bangkok Bank Bam Of Ayudhya. Charoong Thai Wire 273 338 -2
        Reuter  -  151 words
      • 168 20 Reuter SEOUL share prices surged for the third consecutive session yesterday and touched new highs, with the composite index breaking the 860 barrier, brokers said. The index near the close leaped 11.25 points to 868.76 on turnover of 461.5 billion won against 470.4 billion at Tuesday's close.
        Reuter  -  168 words
    • WORLD MARKETS
      • 148 21 AFP STANDARD TELEPHONES and Cables (STC). a leading British supplier of cables and telephone equipments, has launched an agreed takeover bid worth US$l6B million for the US firm Computer Consoles Inc. The offer has been recommended by CCl's board of directors, who own 12 per
        AFP  -  148 words
      • 153 21 AFP FINANCIER CARL ICAHN, whose June attempt to take control of Texaco failed, has said he does not intend to sell his shares in the oil company and that he may buy more. Icahn and Company released a statement which said Mr Icahn "had
        AFP  -  153 words
      • 126 21 Reuter MORGAN GRENFELL Group pic's decision to withdraw from equities and government bond (gilts) market making, shedding 450 staff, was seen as the start of a fresh round of job cuts in London's securities industry. Morgan chief executive John Craven, in announcing the cuts, disclosed
        Reuter  -  126 words
      • 858 21 New York Reuter THE NEW YORK stock market closed higher on Tuesday, helped late in the session by an unconfirmed report that the Soviet Union would propose sharp troop cuts. Such a move might lead to the US spending less on defence, thus helping
        Reuter  -  858 words
      • 1339 21 Amsterdam D€C M PL* ABN 41 30 08 84 10 0 8 Ahold 84 20 >04 Akzo 145 30 ♦1 8 Alranta 157 40 0 3 AMEV 52 30 +1 AMRO 75 40 0 2 AM sua 143 00 0.7 Barkal BOLS 146 50 4 Borsumy 105 50 12 Buahrman
        1,339 words
      • 195 21 THE SIEMENS-GEC bid for Plessey has got the green light from Professor Bryan Carsberg, the director-gen-eral of the UK's Office of Telecommunications (Oftel), the industry watchdog. Prof Carsberg's attitude is important, as he is the most influential voice in determining the UK government's telecommunications
        195 words
      • 853 21 London Reuter ANOTHER STRONG overnight advance on Wall Street and a surge in the dollar helped shares on the London market open higher yesterday with exporters leading the way, dealers said. Yet another record high closing in Tokyo stocks also helped put the market makers in a
        Reuter  -  853 words
  • Page 17 Advertisements
    • 86 17 URGENT SATURDAY CARPET AUCTION SALE A collection from the Bazaar'-, of IRAN shipped to U S A. and re (Averted to Singapore due to US prohibition NOW must be sold in Singapore to the highest bidder An opportunity not to be missed Auction SATURDAY 10 December 1988 at 11.30 am
      86 words
    • 33 17 CURRENCY INVESTMENT R AMI Rl< I XI'KI ss itWK TEL: 321 3333 Watch Channel 1 2 at 8.25 PM, December 1 2 and The News at 9 pm, Channel 5, December 1 3.
      33 words
  • Page 17 Miscellaneous
    • 26 17 rpArz r t/CU A*co££>/*or3£" 3£~A2s£~fSr Arr£A/£>/A/£ Af/e.&AMS&Z 77/Ar/?Aty /zve 7Z) 7?/£-/VStV //SAir* 'SS&&&S. y 1 I xV-. by Martell */HoS£ V£AL7?/? bu Li /r5" TVArr 774r
      26 words



  • Page 20 Advertisements
    • 278 20 For Charter "FANTASY", is a 95 Ft yacht equipped with three decks for your pleasure. A PROMENADE deck, a MAIN deck with 2 Bars, Dining Section, Rear Lounge, Dance floor etc and a Lower lounge. FANTASY is fully air-conditioned and is also equipped with Ski boat and other sea sport
      278 words
    • 13 20 Tt» N*w Zealand report wu rxX available Managers must manage, BT, every Monday
      13 words

  • Page 21 Advertisements
    • 575 21 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NEW WORLD DEVELOPMENT (PTE) LIMITED (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2Kb)) At an Extraordinary General Meeting of the company held at. 1 Scotts Road, 13th/14th Storeys. Shaw Centre. Singapore
      575 words
    • 293 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SHAW INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2Xb)) At an Extraordinary General Meeting of the compa--1 ny held at 1 Scotta Road, 13th/14th Storeys, Shaw Centre, Singapore 0922
      293 words
    • 556 21 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SHAW FILM PRODUCTIONS SENDIRIAN BERHAD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2Xb)) At an Extraordinary General Meeting of the company held at 1 Scotts Road. 13th/14th Storeys. Shaw Centre. Singapore 0922
      556 words
    • 421 21 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF LAW CONSTRUCTIONS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING Notice is hereby given pursuant to Section 308 ol the Companies Act. Cap 50 that the Final General Meeting ot the Company will be
      421 words
    • 158 21 Computerised investment research for the Stockmarket Investamatic enables Fundamental and Technical Analysis to be conducted on all stocks listed on the SES and KLSE Fast, versatile and comprehensive programs with high-resolution graphics enable you to monitor market trends and make timely investment decisions Four fully-integrated modules to choose from for
      158 words
    • 23 21 i PY wX I NOW AVAILABLE: iH BASIC CHARTING SERVICE For Details Call: SINGAPORE 533-1281/2 MALAYSIA (03)261-5530 03)261-5331 03)261-5331 J erics on si
      23 words

  • 545 22  -  An alternative to Orchard Rd establishments By SANGEETA MULCHAND SPECIALLY invited guests will attend a gala dinner tonight to mark the opening of the plush $3 million split-level Pinnacle restaurant on the 60th floor of OUB Centre. The Pinnacle, billed by its owner, Overseas
    545 words
  • 211 22 AFP MALAYSIAN lawyers and other activists said yesterday that they were forming an organisation to monitor human rights in the country. The organisation will be formally launched on Saturday with the blessing of Malaysia's founding premier, Tungku Abdul Rahman, said Param Cumaraswamy, chairman of the
    AFP  -  211 words
  • 378 22 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad said that the Registrar of Societies had acted rightly by de-registering the United Malays National Organisation in line with the High Court's decision that the party was unlawful. He said that if he, as Minister for Home
    Bernama  -  378 words
  • 276 22 AP OSAKA Prefectural Police yesterday launched a full-scale investigation into two trading firms alleged to have illegally exported sensitive chemical solutions to the Soviet Union. The Ministry of International Trade and Industry said in Tokyo that Daikin Industries, an Osakabased air conditioner manufacturer,
    AP  -  276 words
  • 324 22 AFP Reuter SOVIET LEADER Mikhail Gorbachev arrived in New York yesterday for a whirlwind three-day visit during which he will make his maiden speech to the UN, meet President Ronald Reagan and President-elect George Bush, and wreak traffic havoc by sightseeing in the
    AFP; Reuter  -  324 words
  • 380 22 AFP DRIVEN by currency fluctuations and protectionist pressures in the US, Asia's newly industrialising economies (NIEs) are trading more with each other. Intra-NIE exchanges account for only a small fraction of the booming trade of Singapore, South Korea. Taiwan, and Hongkong, but recent
    AFP  -  380 words
  • 101 22 INDIAN Prime Minister Rajiv Gandhi is likely to visit Singapore next October, Indian diplomatic sources said here yesterday. They said Mr Gandhi would go to Kuala Lumpur that month for the Commonwealth Heads of Government Meeting (CHOGM) and that he could tie in a visit
    101 words
  • 86 22 Reuter COMEX SILVER futures softened on mixed selling early yesterday following the early downturn in gold against a strong dollar. March silver fell 9.5 cents at US$6.2l an ounce on selling by US commission houses and Lon-don-based traders before cutting losses on short covering by local traders. Analysts
    Reuter  -  86 words
  • 294 22 AFP A GROUP OF businessmen announced in Manila yesterday that they were setting up a US$l.2 billion project to create a retirement community in the Philippines aimed mainly at wealthy Japanese senior citizens. The California-based VTN Corp said that it was
    AFP  -  294 words
  • LATE FILE
    • 41 22 Reuter PALESTINE Liberation Organisation leader Yasser Arafat issued a joint statement with a delegation of US Jews in Stockholm yesterday in which the PLO accepted the existence of the state of Israel, Swedish Foreign Minister Sten Andersson said.
      Reuter  -  41 words
    • 73 22 AFP A CONSERVATIVE think tank in Manila has forecast sustained industrial growth in the Philippines in 1989, assuming that the government delivers in the area of basic services. Increased income, consumption, employment and exports will propel industrial production volume up by 8.1 per cent this year and
      AFP  -  73 words
    • 56 22 AFP THE SWISS carrier Swissair said yesterday that it had set up a computer software company in Malaysia with four local partners. Swissair will own 23 per cent in the new company, capitalised at US$B.2 million. The four other partners are IBM Malaysia, IBM Mesiniaga, Malaysian Airlines
      AFP  -  56 words
    • 61 22 Reuter SIX MILLION construction workers in China could lose their jobs next year because of government cutbacks on new buildings, the New China News Agency said yesterday. A Construction Ministry official said that many protects would be finished next March and about a quarter of
      Reuter  -  61 words
  • Page 22 Advertisements
    • 156 22 of fine living. Beautifully furnished (lining rooms, separate fully equipped kitchens, elegant one or two bedroom suites i ight in tinheart of< )rehard Road. At The Aseott. we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate hi luxury and convenience.
      156 words
    • 157 22 India urg«d to adviee VMnam, PAGE 2 The Comex gold report was not available at praaa tlma FOR SALE BY TENDER DEBENHAM TEWSON CITY VALUERS PTE LTD INTERNATIONAL PROPERTY ADVISERS 11 COLLYER QUAY »13-01 THE ARCADE SINGAPORE 0104 TEL *****79 *****84 A WORLD-CLASS SUPPLIER OF QUALITY PRODUCTS From fibre optics
      157 words
    • 5 22 Eartter story on pag« 4
      5 words

  • SHIPPING TIMES
    • 370 23  -  By JEAN FOONG COLUMBUS LINE is to introduce an independent service between Western Australia and the Far East this month. The service will start from Yokohama on Dec 16, moving down to Osaka. Hongkong, Singapore. Fremantle and Geraldton, then back to Singapore, Hongkong,
      370 words
    • 164 23 Reuter A WORK-TO-RULE STRIKE by stevedores has slowed operations at the port of Santos, Brazil's busiest, according to union and port authority spokesmen. Stevedores are refusing to work more than 44 hours a week, in accordance with a new constitutional statute setting a 44-hour
      Reuter  -  164 words
    • 212 23 Seatrade Week A GROUP of competing liner carriers have banded together in an attempt to prevent an alliance between Oakland port commissioners, local politicians and developers. The carriers, which are major port tenants, believe that the port commission is on the
      Seatrade Week  -  212 words
    • PORTSIDES
      • 29 23 Reuter THE 24,274-DWT Cypriot bulk carrier/container vessel Searover struck a wharf while arriving at Bassens. Bordeaux, last Saturday, damaging shore equipment. Lloyds Shipping Intelligence said.
        Reuter  -  29 words
      • 75 23 Reuter ITALIAN PORT OFFICIALS sequestrated a Greek oil tanker which ran aground off the coast near Rome last week, a port official said. The Alfa-Sea was refloated on Sunday after a two-day operation to prevent the spilling of its load off the Roman seaport of Fiumicino.
        Reuter  -  75 words
      • 158 23 UPI A 3.407-TON TANKER used for collecting waste oil was ripped by an explosion and caught fire just off the coast of south-western Japan on Wednesday, killing one crewmember while the other six aboard jumped from the burning ship and swam to shore Japan s
        UPI  -  158 words
    • 1244 24 Rotterdam Europoort Delta THAILAND AND TAPIOCA on the one hand, Europe and the port of Rotterdam on the other, are inextricably linked. Thailand is the only country in the world to grow tapioca on a large scale for export as raw material
      Rotterdam Europoort Delta  -  1,244 words
    • 782 24 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrons VII 3 Anro Service IV 2/3 ANl 1 1/2 ARC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Awards Shpg V 4 Bolt-Canada line VII 4/5 Bait-Orient line VII
      782 words
    • 637 25 Lloyd's List THE PHILIPPINES is set to join countries on the International Transport Workers" Federation "flags of convenience" blacklist The seafarers' section conference of the ITF. meeting in Brazil last week, endorsed a decision taken at a recent Fair Practices Committee meeting that the
      Lloyd's List  -  637 words
    • 195 25 Reuter BRITAIN plans to close its last state-owned shipbuilding firm with the loss of more than 2.000 jobs after it failed to find a private buyer, The Times newspaper reported in London yesterday. Trade and Industry Minister Tony Newton was expected to announce the
      Reuter  -  195 words
    • 286 25 COMPAGNIE Maritime d'Affretement (CMA) has introduced two westbound services from the Far East to Jeddah and northern Italy. The service between the Far East and northern Italy, via Milan, provides faster, more closely controlled transit times for imports and exports shipped between
      286 words
    • 318 25 ALL SURVEYS were conducted on Nov 21 Argentina Buenos Aires 30 vessels operating Bahia Blanca Normal operation Australia All ports Normal operation Bangladesh Chittagong 20 vessels operating Brazil Santos 30 vessels operating Cameroon Douala Waiting time ot up to one day Chita Arica Normal operation Talcahuano Waiting time
      318 words
    • 1443 30 RATES have tended easier on Tuesday (or Panamax grain carriers loading in the US Gulf with US$l3 70 paid for the Silver Leader carrying heavy grain destined for Hamburg, shipbrokers said This is said to equate to around $13 45 for business to Holland, and the Baltic sub-in-dex
      1,443 words
    • 4256 30 AARHUS Kang Me China Ocaan Dec 6 M Pan# Maersk Line Dec 8 i Kamakura Tnot Dec 8 Ever Gallant Evergreen Dec 10 Largs Bay Tr»oT Dec 1(PK) I Ned Suna ScanOutcM Dec 12 j Xing He Ch«na Ocean Oec 13 I
      4,256 words
    • 1378 30 AT CONVENTIONAL WHARVES < i Berth Arrival Departure KEPPEL WHARVES (34 oiongs>de II 12 1500 Co*t*n*nf *19 o<ongs<de 0812 2300 f.io* *27 oiongs.de 12 12 CteOC *21 oongv^le 08 12 2300 G Howe^ *35 a'o"gs.de *****600 Koto Aio* Ol aiongs.de II 12 060C Koto Be'ko 1 *18 Olongs.de 09 12
      1,378 words
  • Page 23 Advertisements
    • 765 23 #\v < TIMES STP Distributors Dedicated to Quality Service jArdine Shipping agencies 200 Cantonment Road. #12-05 Southpont S<ngaport 020$ Tei *****11 Tele. RS ***** Facsimile *****09 TERMINAL-CFS Tel *****18 *****19 *****20 FOR CUSTOMER SERVICE INOUIRIES AND BOOKINGS T« *****305 PESAKA JARDINE SHIPPING AGENCIES SDN IHO PORT KELANG Tel *****19 Telei
      765 words
    • 65 23 QGBBDB A LOOK at Thailand's tapioca industry and the role played by the port of Rotterdam as a transhipment centre for the country's tapioca Page II THE PHILIPPINES is set to join countries on the International Transport Workers' Federation "flags of convenience" blacklist. Page 111 Index to advertisers II Ships
      65 words
    • 818 23 INTERMARINE SUPPLY CO (PTE) LTD Tel: *****33 (6 Tl. IMCCO R*****8 Fm* *****771 MAERSK LINE This Le.se M Closing Time CV 12/12 2300 HRS CFS 12/12 1300 HRS To California US Gulf-US Atlantic East Canada-An Water S«rvic Feeder oy Maersk Kobe eeoe' by Maersk Kobe 8/12 9/1 IS/12 16,1; 22'2
      818 words

  • Page 24 Advertisements
    • 615 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON ROTTERDAM ANTWERP HAMBURG BREMERHAVEN KAMAKURA LARGS BAY MEONIA VILLE OE BORDEAUX TOKYO BAY LONDON EXPRESS CARDIGAN BAY CONTAINER SERVICE FROM UK/CONTINENT BREMER R DAM HAVEN ANTWERP LE HAVRE VOY NO HAMBURG KAOP KELANG SPORE HONGKONG HSIUNG TOKYO BAY CARDIGAN BAY BENALDER
      615 words
    • 19 24 Lines and services represented by /■ffiMSC'vv Members of the Registry of Accredited i Shipping Agents. Singapore National Shipping Association
      19 words
    • 367 24 POLISH OCEAN LINES Agents Optorg Shipping Pte Ltd Singapore Tel p Kf|Jng Petaling Ja»a WS6G3 Penang 6.124S Telei RS ;i?55 fai 1 CONVENTIONAL SERVICE TO S E ASIA EUROPE VtSStUvOYACt I SIN BKK am URSUS/32 1002 |"Ukl F MOORZEWSKIIS I*l2 25/12 CHAHGEUHS DEL MAS 1) Conventional vessel s calls at
      367 words

  • Page 25 Advertisements
    • 1239 25 The Straits Steamship Group Containers a STRAITS SHIPPING Singapore to Sabah, Sarawak. Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT. CONTAINERSHIP SERVICES TQ/FRQM BANGKOK PEGASUS PROCRESS VION M 10 D«t 13 14 Dec PEGASUS PIONEER VSSON 12 13 Ouc 15 16 0« BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE
      1,239 words
    • 701 25 S SGS I NSPECTION MARINE SURVEYS (IN 140 COUNTRIES WORLDWIDE) SGS SINGAPORE (PTE) LTD 71, AVER RAJAH CRESCENT *07-18 AVER RAJAH INDUSTRIAL ESTATE SINGAPORE 0513 TEL: *****50 (MARINE DEPT./INDUSTRIAL DIVISION) TLX: SGS RS ***** FAX: (65) *****27 M.V. "ANDHIKA ERIDHANI" VOY.I ARRIVED SINGAPORE 28.11.1988 Consignee of all damaged a goes
      701 words

  • Page 26 Advertisements
    • 518 26 I HXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES Singapore loading for IRAN MAHALLATI PJL666 SLD BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSI HK LOAD FOR KYOWA HIBISCUS V 34 31V12 VILA. NMA. LTK. SUVA. PAGO. APIA KYOWA VIOLET V 23 28/1 VILA. NMA. LTK. SUVA.
      518 words
    • 880 26 HANJIN SHIPPING CO., LTD TO FAR EAST PORTS A Mefnber of tht Ac* Consortium FULLY CONTAINERISED SERVICE |TO EUROPE VIA SULZ A mtmb»r of th« Act Conwliuw OUTBOUND SERVICE TCH^HuCANADA To: PACIFIC SOUTH WEST SIN TIS PORT LINC MAUI M IIIU PUS Ml HANJIN KUNSAN 171 U, ttrti PUS ME
      880 words
    • 90 26 INDIA STEAMSHIP FORTNIGHTLY EXPRESS CONTAINER SERVICE TO INDIA SRI LANKA Subiact to inducMiwnl Agents:- SHARIKAT TRANS-ORIENT SDN. BHD. SINGAPORE *****10, *****56 PORT KELANG: 3M7IM/S I LIN LIN SHIPPING PTE. LTD. 1 ttifinn* Mud ffc M Central BwMinf Stnfaporc OIK Tel SIMM ft 533H22 WEEKLY SERVICE S "OWE T 0 HUCHING
      90 words
    • 900 26 EVERGREEN Full Container Service EVER GRAND EVER GIFT EVER GOLDEN EVER CLOSE EVER GENIUS EVER ***** EVER GENTRY Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) G "jf POS OSK TTO CHS BAL NYC LHV AN* ROM FIX EH 2H U!U V,U 36,12 2m OM2 9»« 22/12 2*12 3/12 18/12 0201 OMI 0441 0342
      900 words

  • Page 27 Advertisements
    • 993 27 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE SIN SID SLD 13m 17/1J 21/12 SIN 11/12 12/12 21/12 27/12 29/12 SBY SMC SLD In PI tn PI IS/12 IS/12 21/12 24/12 2S/12 SIN S/12 14/12 17/12 21/12 2S/12 VOY
      993 words
    • 435 27 \tlT\ BEN LINE IVk CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE 10/12 ER BRUSSELS 12/12 ER BRUSSELS 3S 23/12 TA NAVIGATOR VI S/l TA 1
      435 words
    • 476 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TMKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY L.J BONTANG/16WB SRIWIJAYA/25W8 KUTAI/16WB ANTWERP H BURG/ RDAM/ADAM BREMEN »/l 5/2 10/2 23/2 26/2 Sub|ect to Inducement. Also accepting cargo to Casablanca, Port Said,
      476 words
    • 314 27 BOUSTEAD SHIPPING AGENCIES S pore P.) HTONEYWA V24OW 12/14 Dec PA AN VI3IW JO Hovt Ok PAGAN V 134 15/17 0* BURMA FIVE STAR SHIPPING COBPOBITWII (Burmese National Linej Loading for Rangoon pore P.Kelang Penang Bangkok BANK LINE SEMI-CONTAINER SFRVIPF HT*VY Lin CAPABILITY NORTHBOUND TO UKC TAMAITAI SAMOA VI4N FORTHBANK
      314 words

  • Page 28 Advertisements
    • 703 28 TC'linb KAWASAKI KISEN KAISHA, LTD. N. AMERICA-ATLANTIC COAST ORIENTAL FORTUNE NEPTUNE JADE Oriental fair ■AINBOW BRIDGE VOY •INDO 'PK/PNG 6/1? 14/12 21/12 28/12 NFK NYC 12/1 14/1 19/1 21/1 26/1 2S/I 2/2 4/2 ORIENTAL FORTUNE NEPTUNE JAOE ORIENTAL FAIR RAINBOW BRIOGE VOY LB 11 29/10 SGP 'PK/PNG *INDO 1/12 10/12
      703 words
    • 298 28 W.Mni I 11»: ii']t>Tiril Accepting LCL and contalnarlead cargo** Dlract to Soulti Africa S pore Durban P Eli] Accepting Containers Only VAAL 5739F 13/12 24/12 27/12 VENTO 1004F 20/12 J/1 1/1 NEDLLOYO COLOMBO 6438F 21/12 1/1 10/1 OSAKA MARU 6943 F 9/1 20/1 FfflOTl JAROINE SHIPPING AGENCIES (REG *****4/ OOK)
      298 words
    • 804 28 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* KALIDAS V 40 tulsioas KALIOAS V 41 TULSIOAS V 40 P Aeiang Penarg B» Feeder B. mor Doc Dec 24 Jan 24 Jan 74 Feb 34 Fee 23 Mar 23 Mar Fr«m Melt Sror Adet Frem Melt Srdri Mtt Frem Meir SfOn AM
      804 words
    • 588 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD n Avar ct- r r' SINGAPORE 0104 TEL UUW (10 LINES) fai U43SO* STRAITS/PERSIAN GULF SERVICE: GOLOtN HAVEN Cotombo Karachi Dubai Dammar GOLDEN BEAD Colombo Kara*. Duba. CHINA SERVICE A VESSEL Huanfskj Shanfhai Spore PI In Port MfH OK P PManj Peaanj Vorn
      588 words
    • 474 28 iirrimu iimn.s, Inursday, December 8, 1988 PHILI OniCNT LIN(S PT€ LTD HEAD OFFICE 63 ROIINSON ROAD •07 12 *FHO ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FA* *****76 MMtl EAIT/FAI EAST Fa ft LCI sat VICE "A SINGAPORE OCSTINATION 13,12 17/12 24/12. 31/12 10/12. 16/12 20/12. 24/12 12/12. 14/12
      474 words

  • Page 29 Advertisements
    • 758 29 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTD FE EU AUST TP* stA General Enquiries: Tel: *****77 Terminal CFS BOOKINGS *****53 *****42 *****22 *****53 779M19 *****16 NEPIINE SON BHD MH NEPLINE SDN BHD *****33 ENQUIRIES *****44 NEPLINE SON BHD *****562 ?«60 *****1 *****2 NEPLINE SDN BHD *****0 *****! FAR EAST
      758 words
    • 414 29 HEUNG-A SHIPPING Korean Flag Vessels Ogjjjj SEMI-CONTAINERISED DIRECT SERVICE TO P. KELANG. PENANG. KEELUNG, BUSAN, INCHON STRAITS/KOREA SERVICE Vessel s Name ETO BS S PORE PKIG KEE BUSAN MOjl NO 8 DONAM 810N 07/12 17 15/1? 20 20/12 30 31/12 30/12 PN 21 23/12 *DRAGNET KMN 14/12 27 27/12 2612
      414 words
    • 794 29 W SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P KELANG MESSRS HAI THONG SHIPPING 127 Penang Street. Penang. Mjjysia M S HANDLINC SYSTEM
      794 words

  • Page 30 Advertisements
    • 213 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 lines* FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK < t INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -VIA IARNACA ACCEPTING CARGO FOR IMASSOL
      213 words
    • 79 30 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TSKLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. CONTINENT Vl6 ETA SIN 13/12/88 I KAOHSIUNG 4 DAYS h > KEELUNG 5 DAYS S PORE —j TOKYO 8 DAYS j SHIMIZL' 9 DAYS I NAGOYA 10 DAYS L KOBE 11 DAYS
      79 words
  • Page 30 Miscellaneous
    • 159 30 a I /fc Regional Weather S M »r m m 'A K fc K tvS il SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. DeC 7, 1988 "cTW.r>d d»r speed «n knots R Thunderstorm Temperature c X\ n Shower Weather w,nd d*ect.on ».rt> speed m Rom Ckx*lvSk* Wove he.ght Woce
      159 words

  • Page 31 Advertisements
    • 1306 31 < CPS > CRYSTAL FREIGHT SERVICES MiMi *11 CRYSTAL 1 •r WEEKLY CONSOL SERVICES U.S.A. J LOS ANGELES 15/12/88 AUSTRALIA MELBOURNE/SYDNEY 13/12/88 FAR EAST Wa BUSAN 15/12 BANGKOK 12/12 HONG KONG 11/12 KEE/KAOH 11/12 CALL BOOKING HOTLINE FOR BEST RATES 2233 9 2 2 TEL *****88 TELEX ***** CFSN FAX:
      1,306 words
    • 401 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****30 m IRAQI LINE IHAO' S T T f »o« MAHITIMf tRANJPOR'' MV ALKINDI MV SINDBAD WEST BOUND SERVICE ETA S PORE LOADING FOR 15/1? Aqaba, Baghdad EAST BOUND SERVICE ETA S TORE LOADING FOR 20/12 (P KELANG
      401 words

  • Page 32 Advertisements
    • 423 32 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX HS ***** RS ***** ft t I \SI I R\ CAR I IM R. I I I). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! vor. no Spore P. Kelang Kuantan Hong Kong Yokohama Nagoya Osaka Senboku Funabashi
      423 words
    • 396 32 \^r D COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEM-COHTA»CR SERVICE TO (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE COLUMBUS NIUGINI V2S 18/12 Port Moresby, Lae. Rabaul TAYBANK V6S 2/1 Port Moresby. Lae. Rabaul. Kimbe Accepting LCL cargo for main ports discharge and also to Wewak, Kavieng, Alotau, Kieta, Honiara
      396 words
    • 322 32 w P.T. MASKAPAI PELAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 SMQAPORE i•m T i VOY SIN JKT
      322 words
    • 664 32 CALL US AT: P. KELANG PENANG J. BAHRU P GUDANG SINGAPORE K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FtEDCR P KELANG I MOTHER VSI •12 sum* SILANDI* TOTAMA MU I UU I 8 Pt MIA I OTHER DESTINATIONS AARHUS AMSTERDAM. ANTWERP BASLE BREMEN BREMERHAVEN COPENHAGEN HELSINKI. MALMO OSLO
      664 words