The Business Times, 3 March 1989

Microfilm: NL16518
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, MARCH 3, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    241 1 Dow Jones up US blue chips advanced in early trading to stand slightly higher after a mixed opening. Marginal strength in the dollar and bond prices provided encouragement, traders said. The Dow gained six to 2249. Reuter Footsie up LONDON share prices were slightly higher at midday
    241 words
  • Article, Illustration
    Markets mostly lower
    236 1 MOST REGIONAL markets closed lower as investors were nervous ahead of the meeting of West Germany's Bundesbank yesterday to discuss interest rates. Wall Street's 15-point loss overnight also sparked off declines. Singapore's Straits Times Industrials Index managed a slight recovery in the afternoon to end almost unchanged
    236 words
  • Article
    £ weak, US$ under pressure
    103 1 weak, US$ under pressure THE British pound opened weak in London yesterday, trading near five-month lows against the US dollar but was underpinned by early Bank of England intervention, dealers said. Meanwhile, the American currency came under light pressure amid uncertainty about a possible West German interest rate rise The
    103 words
  • Article, Illustration
    Lock icon Sultans elect former top jurist as new Malaysian king
    383 1 Reuter MALAYSIA's hereditary rulers yesterday elected Sultan Azlan Muhibuddin Shah, a former top jurist, as the new king for the next five years. Deputy Prime Minister Ghafar Baba announced the appointment of Sultan Azlan, 60, of Perak after sultans of nine
    Reuter  -  383 words
  • Article, Illustration
    What's likely to come out of Dr Hu's bag
    743 1  -  The Finance Minister presents his budget today By RICHARD SEAH RAISING MONEY is probably the last thing on Finance Minister Or Richard Hu's mind as he draws up this year's Budget which he presents to Parliament today. The government has more
    743 words
  • Article
    Lock icon Increase mutual interdependence, Asian NIEs told
    354 1 UPI INCREASED mutual interdependence, including division of labour, will be a solution to "two major challenges" facing newly industrialising economies in Asia today, a major Japanese commercial bank said yesterday. Fuji Bank said one of the problems comes on the labour front where a
    UPI  -  354 words
  • Article
    Lock icon Cut capital gains tax: Bush
    111 1 AFP US PRESIDENT George Bush said on Wednesday that the US should emulate Asian countries and lower capital gains taxes to stimulate economic growth. "Hongkong, Singapore. Taiwan and South Korea all exempt long-term capital gains" from taxes, Mr Bush told a business group at the
    AFP  -  111 words
  • Article
    Harrisons confirms placing out HMPB stake
    330 1  -  By ELAINE KOH HARRISONS Crosfields pic said yesterday that it has placed out its entire 30-per-cent stake in Harrisons Malaysian Plantations Bhd (HMPB) at 551.915 each through two London brokerages. Despite denials of any knowledge of the transaction, H&C has named Malaysian government investment
    330 words
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      Page 1 Advertisements Column 1
      80 1 gr i $220.00 nett per table FREE Flow of Stout. Beer, Soft Drinks etc (Mm 10 Tables) SSuuiiSduuiaU ITS STILL YOU AND YOUR CROCODILE PUT ON A CROCODILE WEAR A LEGEND AVAILABLE AT iHXTKfPi >ISI V.'s SL\RI\A>V #iU /JJ WISMAATUA *01 BiEVTRE PARKVAYrARADE *01 ll* CiV OHILL Si>t \RI *01
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      222 1 Full report, PAGE 16 Reg mkts, PAGE 18 World mkts, PAGE 19 Editorial Comment: 10 A ship called Pax Americana NZ economy Confidence in recovery dented Singapore Airlines 2 Go-ahead for direct flight to Cebu Champion Spark Plugs 3 Moving into high-fashion retailing Japanese budget Delay will be bad for
      222 words
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      Page 1 Advertisements Column 3
      9 1 Budget wlshllst and more reports, PAGES 10 and 11
      9 words
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      Page 1 Advertisements Column 4
      203 1 <".!-}^(>{^;*"=\`(&;/+,"><~!:'" Becoming the top bunkering port SINGAPORE is now the world's busiest port in terms of shipping tonnage. Latest figures show that the Republic will probably be the world's top bunkering port as well. Read Shipping Times Page I for the details. CXJUidM/C I V MfXr No bull in the
      203 words
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  • HOME NEWS
    • Article, Illustration
      Go-ahead for direct SIA flight to Cebu
      400 2  -  DETAILS LIKELY TO BE WORKED OUT THIS MONTH By AL O LABITA THE PHILIPPINES has agreed in principle to allow Singapore Airlines to start a new direct poute between the island republic and the bustling central Philippine city of Cebu, according to Philippine
      400 words
    • Article
      Scottish trade team coming
      126 2 SCOTTISH businessmen seem to be hooked on Singapore. Barely six months after its last visit, the Scottish Council Development and Industry (SCOI) will lead top executives from 16 companies on a trade mission to Singapore from Mar 6-10. The visit. SCDI's sixteenth to Singapore, underlies the
      126 words
    • Article
      40pc of workers get flexi-wage
      299 2 OVER 40 per cent of workers are now paid according to some form of flexible wage system, says Mr Lim Boon Heng, deputy secretary-general of the National Trades Union Congress. Mr Lim, writing in the latest issue of NTUC News, says that most of the
      299 words
    • Article
      Union membership hits 210,000
      87 2 MEMBERSHIP of NTUC affiliated unions has passed the 210,000 mark. As at the end of January, there were 210,011 members about 24,000 more than in 1984. The January figure was 960 more than that of December last year. The United Workers of Electronics and Electrical Industry
      87 words
    • Article
      Shell spending $6m on upgrading a Bukom wharf
      269 2 OIL COMPANY Shell is refurbishing a wharf at its refinery in Pulau Bukom. The $6 million project at its Wharf 4, now in the final stages of completion, is part of the Bukom wharves upgrading master plan. It is the last of
      269 words
    • Article
      SDP forum to discuss enclaves
      84 2 THE OPPOSITION Singapore Democratic Party is holding a forum tomorrow to discuss racial enclaves An SDP statement issued yesterday said the forum, entitled "Racial Enclaves. Fact or Fiction," will be led by its vice-chairman, Jufrie bin Mah- mood. Other speakers at the forum will include
      84 words
    • Article
      Fire safety committee
      133 2 THE Singapore Hotel Association has formed a committee to look into fire safety in hotels. The Commercial Premises Committee (Hotels) of the National Fire Prevention Council will: educate the management and staff of hotels in fire prevention and protection; instil in the management and staff of hotels
      133 words
    • Article
      MEMO PAD
      382 2 Seminars and WS CAHNERS EXPOSITION GROUP Courses Tel *****13 Tlx RS ***** CEGSP Fax *****66 A Mor 6-7 0* Bono on Creativity and lateral Thinking SIM Monagement Hse Singapore Institute of Manogement *****66 Mor 6-8 Systematic layout Planning SIM Management Hse Singapore Institute of Management AARMJJi Mar 6-8
      382 words
    • Article, Illustration
      Telecom exchange for Jurong West
      217 3 SINGAPORE TELECOM is building a new $7.51 million telephone exchange to serve the residents at Jurong West. The exchange will be built on a 0.6-ha site near the corner of Jalan Bahar and Upper Jurong Road, said the February issue of the statutory board's newsletter
      217 words
    • Article
      Tee Yih Jia sells Her Sea Palace restaurant for $3 million
      262 3  -  By SUZANNE SOH POPULAR THAI restaurant Her Sea Palace in Forum Galleria was sold last week by its owner Mr Tee Yih Jia. BT understands that $3 million was paid by Goodman Fielder Wattie (Asia) Re Ltd for the
      262 words
    • Article
      Sarawak Adventure at Marina Square
      197 3 A SARAWAK ADVENTURE' is the theme of a nine-day promotional exhibition on Sarawak to be held this month at Marina Square. Jointly organised by the Environment Ministry and Tourism Sarawak, Marina Centre Holdings and Teleguide. the exhibition promises the visitor a taste of what Sarawak
      197 words
    • Article
      Seminar on use of Asian natural gas
      127 3 A SEMINAR on the use of Asian natural gas will be held in Singapore next Monday. Organised by the Institute of Gas Technology based in Chicago. it is being supported by the Tokyo Gas Company to commemorate the founding of the letter's new
      127 words
    • Article, Illustration
      Champion Spark Plugs goes into fashion
      584 3  -  Singapore to be base for international retail chain By GENEVIEVE CUA CHAMPION Spark Plugs, a world leader in spark plugs and windshield wiper blades, has diversified into the most unlikely area of high-fashion retailing in Singapore. The US-based company has ambitious plans to use
      584 words
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      Page 2 Advertisements Column 1
      106 2 The Swire Group H c- C" 4 Srv Be i-< f ta i 5 1 1 ai P H ARRIVE IN BETTER SHAPE, because we have one of the highest Flight Attendant to passenger ratios §n the world. Because they do everything possible in the air to ensure ji* Ar
      106 words
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  • Page 3 Advertisements
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      257 3 hr i' 4 i,<:»)tb 1 U: ft r ;t I- ii-M I ■.i <X i <o -x. vi co ,j? > r r %Lr 0 to *o i .ft Ho f *,t UK s^Ssb nih %«> &-5 if •> -•> V, .1. *M -;.;v^.'-. .j V X A. •o>T. V»"
      257 words
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  • ASIA – PACIFIC
    • Article, Illustration
      Lock icon 'Budget delay will be bad for Takeshita'
      523 4 Blockage could cool overheating economy, say analysts Reuter THE EXPECTED delay in Japan s 1989/90 budget due to the deepening Recruit share scandal will be bad news for Prime Minister Noboru Takeshita, but could be good for the economy, economists and political analysts
      Reuter  -  523 words
    • Article
      Lock icon Rangoon gives Thai companies 20 logging concessions
      242 4 AFP BURMA'S military government has given Thai companies 20 logging concessions near the Thai-Burmese border, Thai Agriculture Minister Sanan Kachornprasart said in Bangkok on Wednesday. Speaking on state-run Thai television upon his return from a two-day trip to Rangoon, Mr Sanan said he
      AFP  -  242 words
    • Article
      Lock icon State Dept against bill cancelling trade concessions for India
      308 4 AP THE US State Department says it is against legislation cancelling US trade concessions for India because of alleged human rights abuses against the Sikhs of Punjab State. A measure introduced in the House of Representatives by more than 20 legislators
      AP  -  308 words
    • Article
      Lock icon Thais to discuss border trade
      207 4 AFP TWO THAI Cabinet ministers were scheduled to consult Thai merchants on the Cambodian border yesterday on whether to open the frontier to trade. Thai officials in the border town of Aranyaprathet, some 250 km east of Bangkok, said on Wednesday that Deputy Interior Minister
      AFP  -  207 words
    • Article
      Lock icon Consultants recommend sweeping defence cuts by NZ
      340 4 AFP A NEW ZEALAND defence forces review has recommended closing 14 of New Zealand's 22 military bases and cutting defence headquarters staff by 75 per cent in the biggest cost-cutting exercise in recent times. The review by independent consultants released yesterday also proposed
      AFP  -  340 words
    • Article
      Lock icon Vietnam making fresh bid to repay IMF debt
      287 4 FT VIETNAM has agreed to make a fresh attempt to repay long-out-standing debts of around US$l2O million to the International Monetary Fund as part of to rebuild its international image and attract foreign aid and investment for its poverty-stricken economy. The country
      FT  -  287 words
    • Article
      Lock icon Hanoi annexes Cambodian territory
      163 4 AFP VIETNAM has annexed some Cambodian islands and territorial waters by redrawing maps and signing a treaty with the Ha-noi-backed Cambodian government in Phnom Penh, the Khmer Rouge clandestine radio said. The resistance radio said in a broadcast monitored in Bangkok on Tuesday that VietnameseCambodian border
      AFP  -  163 words
    • Article
      Lock icon 'China, Soviet Union still potential threat to Asean'
      177 4 AFP CHINA and the Soviet Union continued to represent potential threats on regional resilience, concluded a seminar of the Association of South-east Asian Nations (Asean) which ended in Jakarta on Wednesday. "At the end, the seminar determined that China remains a potential
      AFP  -  177 words
    • Article
      Lock icon Japan investing with greater sensitivity, says Aussie minister
      236 4 Reuter AN AUSTRALIAN Cabinet minister told Parliament on Wednesday that Japan had indicated greater sensitivity to investing in Australia, where there have been protests over Japanese real estate deals. John Button, Minister for Industry, Technology and Commerce. said Australia and Japan had
      Reuter  -  236 words
    • Article
      Lock icon PLO invites four states to prepare for talks
      302 4 AP Reuter THE PALESTINE Liberation Organisation has invited Syria, Egypt, Jordan and Lebanon to try to coordinate policy on a proposed international peace conference on the Middle East, PLO chairman Yasser Arafat said. Mr Arafat made his announcement through WAM, the official
      AP; Reuter  -  302 words
    • Article
      Lock icon Japanese to drop knitwear complaint
      158 4 AFP THE JAPAN Knitting Industry Association plans to withdraw a dumping complaint against the South Korean knitwear industry by the end of this month, the association s director said on Wednesday. Moto Moriya said the decision to withdraw the complaint filed with the Japanese government
      AFP  -  158 words
    • Article
      Lock icon Norwegians have shortest work-week
      120 4 AFP THE AVERAGE number of hours worked in a week varies widely in different parts of the world, ranging from 24.1 hours for a Norwegian woman to 54.1 for her South Korean counterpart. the International Labour Office reported in Geneva on Wednesday Men had a slightly
      AFP  -  120 words
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      Page 4 Advertisements Column 1
      147 4 Go for ISPO ASIA! Qrgonizer: Munchener Messe- und Ausstellungsgesellschoft mbH, RO. Box *****9, D-8000 Munchen 12. Sponsor: World Federation of the Sporting Goods Industry, Office: Boenikon, P.O. Box B 1455, CH-8302 Kloten. 1 .Ui I (Singapore) The Munich ISPO, known throughout the world as the fair for sports equipment and
      147 words
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      Page 4 Advertisements Column 2
      69 4 DAILY DEPARTURES Pattaya/Chengmai TOUR PACKAGES Singapore I Bangkok I Pattaya I Bangkok/Singapore Singapore I Bangkok I Pattaya I Chengmai/Bangkok/Sngapore from 5818 4/5/7 Days FREE EASY Air Ticket/Hotel/Transfers A memtnf o» th# UIC Group @1 SA (UIC) Tours I Park Road #04-62 F\?op*e's Park Complex. Singapore 0105 A £nu/ uiry u>
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      54 4 SOHOWPYOU GREAT! TWO MAKE WE HAP j OUTWPAY* A REAL INTEREST O rAI/ /U. INGPAY! BUT IT WAS FREEZING ON THE BEACH, SO WE CAME HOMEJUST IN TIME TO SEE A WATERMAN BURST ACROSS THE STREET! WE STAIEPANP WATCHED UNTIE THE EMERGENCY VEHICLES ARRJVEP! WHAT HAPPENED TV LUNCH, NAP, DOCTORS
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    • Miscellaneous
      Page 4 Miscellaneous Column 2
      33 4 Max/ Not* Montreal Moscow Nassau New Delhi New York Nicotic Oslo Porii Perth Rio 'Janeiro Rome Son Fris'co San Jvon Santiago Sao PaUo Seoul Stockholm Sydney Toipei Tokyo Toronto Vancouver Vienna Warsaw Washington
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      183 5 Mazda Granz For women who drive in a man's world Powered Steering Coloured Bumpers Powered Windows Full-Fabric Seats m Powered Door Mirrors For years women had to contend with cars designed by men. For men. Central Locking Until now. For now there is the Mazda Granz. With features usually found
      183 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon White House plan to open foreign markets
      477 6 SEVEN-POINT PROPOSAL SUBMITTED TO CONGRESS FT UPI THE WHITE HOUSE has submitted a seven-point plan to Congress aimed at forcing open foreign markets through the use of multilateral negotiations as well as bilateral efforts and "selective unilateral actions". The White House said it
      FT; UPI  -  477 words
    • Article
      Lock icon US chided for proposal to increase subsidies for farm exports
      214 6 AP THE EC COMMISSION chided the United States on Wednesday over a proposal to increase US subsidies for agricultural exports, reportedly made on Tuesday by US Agriculture Secretary Clayton Yeutter. In a statement, the European Community said Mr Yeutter's comments
      AP  -  214 words
    • Article
      Lock icon US body fails to agree on budget deficit cut
      444 6 UPI THE ONCE highly touted National Economic Commission, formed after the October 1987 stock market crash to advise the new US president on how to cut the federal budget deficit and sustain economic growth, failed to reach a consensus in a
      UPI  -  444 words
    • Article
      Lock icon Vatican Bank chief set to be replaced
      153 6 Reuter CONTROVERSIAL US Archbishop Paul Marcinkus is set to be replaced after 18 years as head of the Vatican Bank, the Italian newspaper La Repubblica reported on Wednesday. It said Archbishop Marcinkus. wanted until last year on fraudulent bankruptcy charges in a major
      Reuter  -  153 words
    • Article
      Lock icon Tower admits marital infidelity but vows to fight on
      227 6 AP JOHN TOWER, his nomination as US Defence Secretary in grave trouble, made an extraordinary public admission of marital infidelity on Wednesday but vowed to keep fighting for Senate confirmation. His prospects were dimmed further, however, by the Senate Democratic leader's
      AP  -  227 words
    • Article
      Lock icon 'Rushdie should stand for European Parliament'
      161 6 AFP AN ITALIAN politician suggested on Wednesday that British author Salman Rushdie, currently in hiding after a call for his death by Iran's Ayatollah Ruhollah Khomeini, should stand in European parliamentary elections later this year. Marco Pannella, leader of Italy's Radical Party, told a
      AFP  -  161 words
    • Article, Illustration
      Lock icon EC rejects British business leader's allegations of corruption
      352 6 Reuter THE EUROPEAN Commission on Wednesday rejected a leading British businessman's charges that it was intellectually and financially corrupt and asked lawyers to study a possible libel action in the British courts. The commission, the executive responsible for proposing new European Community
      Reuter  -  352 words
    • Article
      Lock icon 'Prospects for investment are good in Mexico'
      268 6 AFP LONG-TERM prospects for foreign investment in Mexico are good, but discouraging factors remain in the short term, the head of a visiting Japanese trade delegation said in Mexico City on Wednesday. Eiichi Matsumoto, vice-president of the Bank of Tokyo, told a press
      AFP  -  268 words
    • Article
      Lock icon Miga hopes to begin writing cover soon
      386 6 FT THE NEW Multilateral Investment Guarantee Agency (Miga) formed by the World Bank last year has received preliminary applications for insurance covering some US$l billionworth of projects in developing countries, and hopes to begin writing cover within the next three to four months,
      FT  -  386 words
    • Article
      Lock icon Super-Concorde being planned by French, British officials
      283 6 AFP THE HEADS of the French and the British companies mainly involved in making the Concorde supersonic passenger plane on Wednesday outlined plans for a new, more ambitious version of the aircraft which could get off the ground sometime after the year 2.000.
      AFP  -  283 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      926 6 ARRIVALS Operator Sorvico Local From number Hmo OA Of62 1035 BOM SWR SRI 86 1040 ZRH/BKK gu GA960 1100 CGK SU SQI05 1105 Km RBA BI421 1130 BWN QFA 072 1135 BKK SiA SO 201 1145 CGK GU GA940 1150 MES SIA S0191 1155 PEN StA SQ238
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      Page 6 Advertisements Column 1
      29 6 K ii s Welcome you H WE OFFER YOU NOTHING BUT SERVICE AND GOOD FOOD WtTUiiiiiM Thai Lunch Buffet $12.50 Adult $7.50++ Children (I I I 1 1 I
      29 words
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      Page 6 Advertisements Column 2
      43 6 The business person's choice every Tuesday, Thursday. Saturday and Sunday Leav ing C hant' Airport at 22.-C5 hours and arriving at Lester B. Pearson International Airport the following das. Cill your Tnvel Agent or Air Canada af 7i*****. A BREATH OF FRESH AIR
      43 words
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  • COMMODITIES
    • Article
      Rubber
      354 7 SINGAPORE: Rubber prices ended marginally higher with April 1 RSS buyer quoted at 211.50 cents a kg yesterday, up 0.50 cent from Wednesday's close. Brokers said prices lost 1.50 cents in quiet morning trade following falls in Japanese rubber prices and lack of consumer interest. Values recovered towards the
      354 words
    • Article
      RAS and MRELB
      275 7 RAS priCOS In 8 c*nta/kg, FOB In bnl« NOON CLOSE Bwyors c-»i oeiien Bwyors Sellers hi 1 RSS Prompt 207.00 208.00N 208.00 209.00 Int 1 RSS Apr 89 210.00 211.00N 211 JO 212.00 bit 1 RSS May 211.50 212.50N 213.00 214.00 2 RSS Of 202.00 204.00N 203.00
      275 words
    • Article
      SSR and SMR
      76 7 (canti/hg) APRIL 1989 MAY 1989 (currant month) (forward month) RAS NOON NOON ftuyari S*IW> Svy«rt S«U*ri SSR 20 191.50 193.50N 191.50 193.50N SSR 50 189 50 191.SON 189.50 191.50N MRELB Buy*™ S^lari bytn S«ll«r» SMR CV ***** 307.00N 307.00 309.00N SMR I 303.00 305.00N 305.00 307.00N SMR
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    • Article
      KL Tin
      204 7 THE KUALA LUMPUR Tin Market price extended Its technical correction, weakening another 23 cents to end at M 522.47 a kg yesterday, dealers said. "A further correction Is needed as the price has risen too rapidly In recent days," one broker said, adding that players remained noncommittal and
      204 words
    • Article
      Palm Oil
      464 7 MALAYSIAN crude palm oil prices recovered yesterday to close off the day's lows on light covering and speculative buying, aided by a rebound in palm oil futures, dealers said. Trading remained thin and cautious with operators reluctant to take up new positions in the absence of fresh factors,
      464 words
    • Article
      Precious Metals
      458 7 HONGKONG: Gold closed barely changed in thin and quiet trading on light selling by London investors in the afternoon session yesterday. Dealers said the selling was absorbed by Singaporean traders. They expect prices to stay steady in the New York market with support in the US$3B2 to US$3B3
      458 words
    • Article
      Lock icon Soybean
      177 7 Reuter CHICAGO Board of Trade soybean futures eased late to close on or near the lows on Wednesday after nearbys traded on the defensive all day on a surprise increase in deliveries by a major exporter, traders said. Reports of increased farmer marketings, plus the outlook for a steady
      Reuter  -  177 words
    • Article
      Wheat
      181 7 CHICAGO Board of Trade wheat futures closed up four to 1-3/4 cents per bushel on Wednesday, despite weakness in soybeans, supported by a bid from the Soviet Union for 500,000 tonnes of US hard wheat under the Export Enhancement Programme (EEP). An offer on Tuesday of an additional one
      181 words
    • Article
      Lock icon Crude Oil and Products
      170 7 Telerate FUEL OIL PRICES were stable-to-slightly soft on the Singapore market. Activity remained thin but quite a bit of talk was still heard lor CST-380 material. Sell numbers were a little lower but most players were not sure of the market's direction. Petromin floated a tender
      Telerate  -  170 words
    • Article
      Produce Prices
      242 7 Chinese Produce MM 0 > no 6 IVTKilfWKjffli 90.00 Exchange Bangkok Soilers' noon dosing prices on Closing prices on Mor 2 Mor 2 (SS/100 kg) (USS/sonno, FOB) Coconut oil White Rice M< FOB 108.00 100% 1st don 320 04d drum FOB 116.00 100% 2nd doss 200 Now drum
      242 words
    • Article
      Lock icon Americans soften stand on edible oils labelling
      394 7 Reuter MALAYSIA. Indonesia, the Philippines and several other developing countries appear to have won s battle in the US over tropical food oils they export. Two US lawmakers who introduced food labelling legislation last year that could have discouraged imports of tropical oils
      Reuter  -  394 words
    • Article
      London markets
      267 7 London Commodity Exchange Buyer/Seller dosing prices on Mar 1, (£/tonne unless specified). Previous dosing prices in parenthesis. Collat Basis in-store London, seHon option OF London Mar 1160/67 (1138/39 High/Low 1177/47 May 1150/52 (1125/26) Wgh/Low 1158/35 Solo* (5732) Cocoa Mar 831/833 (832/834) Wgh/Low 836/834 May 849/850 (849/850) High/Low 855/847
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      35 7 r n r r r r irrr The building which changed the skyline of Shenton Way (H 78 Shenton Way. *28-01/ OS Tpf Singapore 0207 Fax *****83 ISIf Tlx: RS ***** MCGRP S TEL *****11
      35 words
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      Page 7 Advertisements Column 2
      130 7 THE HILTON-BRITISH AIRWAYS PLAYHOUSE PRESENTS RALPH WILLIAM BATES GAUNT CAROLYN LYSTER NATALIE FORBES BARBARA MURRAY 9 WITH AND THE HILARIOUS COMEDY OF MARITAL MIX-UPS! A I o "....quite the sauciest and amusing comedy I've seen this year, I laughed till it hurt....** The Daily Telegraph "....two hours worth of audience
      130 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1463 8 SINGAPORE: TRADING was choppy yesterday, as market opinion remained divided as to whether the Bundesbank would lift its official rates. Any impact would likely be driven by cross rate unwinding or repositioning against the D-mark, rather than straight dollar trading. Sterling remained weak after Wednesday's trade news, but
      1,463 words
    • Article, Illustration
      World interest rates
      199 8 Indicates the average of the prime lending rate* ol 12 major banks in S pore Interbank market rates (offer/bid) on Mar 2 us* DM SWFC Yen 7 days 9 7/8 9 3/4 2 3/8 U 1/4 6 3/S 6 1/2 3 3/S 3 4 3/16 3/16 1
      199 words
    • Article
      IMM
      226 8 MOST IMM currency futures ended sharply lower but above session lows in slow trading on Wednesday Prices plummeted at the open but most contracts then pared losses on scattered short-covering as the day progressed. Activity stagnated in the absence of news, traders said. "Most of the move occurred overnight,
      226 words
    • Article
      Asian dollar market
      251 8 ASIAN DOLLAR deposit rates ended steady at slightly lower opening levels in quiet trade yesterday. The market was closely watching the Bundesbank regular council meeting for clues on West German interest rate direction, dealers said. Short-dates and term rates weakened 1/16 to 1/8 point at the outset
      251 words
    • Article
      Comex gold/silver futures
      189 8 Gold futures on Mar 1, 1989 100 troy ounces. USS pet troy ounce Opo« High Law SMMo Mor 3*4.30 3 20 Apr 388 20 389 10 3*6.40 3*7.10 -3.30 Mo r 3*9 60 3.30 Ju» ***** 394 00 391 50 392.20 -3.30 Aug 399 80 399 80
      189 words
    • Article
      Simex
      458 8 EURODOLLAR FUTURES closed little changed on short-covering and position adjustments in moderate trading yesterday Dealers said the market lacked fresh factors and operators were cautious amid inflation worries and ahead of the Bundesbank council meeting. March Eurodollar closed at Chicago's 89.73 while June rose to 89.43 from 89.41 on
      458 words
    • Article
      Money markets
      67 8 THE OVERNIGHT RATE on the Singapore money market remained unchanged yesterday. The one-month, two-month and three-month rates (ell by 1/16 point each to close at 5-1/4, 5-5/16 and 5-3/8 per cent respectively. S$ Interbank rates at the close yesterday! om» 0«wxlgta 4 1/2 4 1/4 I 5 1/4
      67 words
    • Article
      Government securities market
      111 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO Off€R HIGH LOW 3 months RQ*****E 1.06.89 3.81 3.76 3.83 3.73 6 months BS*****N 17.08.89 3.90 3.85 3.87 3.87 1 year BY*****H 23.11.89 3.96 3.91 3.94 3.94 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
      111 words
    • Article
      Options
      1431 8 CURRENCY FUTURES OPTIONS Thursday, Mar 2 1989 DEUTSCHE MARK (Sll 4EX) Mar Mgti M celt* Lew Saa Mar High 88 pete Law Sea SI CAS 53 CAS S3 1 SSI ISO IS CAS 54 601 S3 2A 4 55 4 47A S3 56 2 142A ISO 57 CAS 59
      1,431 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      84 8 Prime Freehold Industrial Site 30 Bukit Batok East Avenue 6/Jurong Road FOR SALE (BY TENDER) Land area: 3,490.9 sq m (37,576 sq ft) Zoning: "Industrial" Built-up area: 711.55qm (7,659 sq ft) approx. Existing User: Showroom-office-cum-workshop Frontage: Excellent exposure to main road Sale with vacant possesion and immediate occupation CLOSING DATE
      84 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Japan's pension fund bill faces delay
      616 9 Reuter INVESTMENT advisory firms, which were expected to win approval to manage Japanese corporate pension funds this September, may not get a crack at the business until early 1990. industry sources said. Legislation opening the door to the advisers is unlikely to pass the
      Reuter  -  616 words
    • Article, Illustration
      Lock icon Foreign ownership of US banks increasing: FDIC
      777 9 Reuter EUROPEAN and Japanese firms are increasing their ownership of US banks, which are handicapped against world competition by outdated federal regulations, according to the chairman of the Federal Deposit Insurance Corp (FDIC), L William Seidman. Congress will be forced to consider modernising
      Reuter  -  777 words
    • Article
      Lock icon House Speaker denies threatening federal bank regulator
      372 9 UPI US HOUSE of Representatives speaker Jim Wright has dismissed as "preposterous'' a report that he threatened to expose a federal bank regulator's homosexuality unless officials of Texas Savings and Loans were allowed access to key officials in Washington. Mr Wright's rebuttal on
      UPI  -  372 words
    • Article
      Lock icon Sanwa Bank and Mida to sign trade cooperation agreement
      147 9 Bernama THE SANWA BANK Ltd and the Malaysian Industrial Development Authority (Mida) will sign an agreement to promote overseas investment and trade between Japan and Malaysia. In a statement in Kuala Lumpur on Wednesday, Sanwa said it would play an important
      Bernama  -  147 words
    • Article
      Lock icon Allianz and Dresdner Bank make marketing accord
      292 9 FT ALLIANZ, Europe's biggest insurance group, and Dresdner Bank, West Germany's second biggest bank, have agreed to sell a wide range of each other's banking and insurance products in central Germany following the decision in December by Deutsche Bank, Germany's biggest bank, to
      FT  -  292 words
    • Article, Illustration
      Lock icon Consulting firm to check loopholes in Bank Negara
      334 9 Bernama A KUALA LUMPUR-BASED international consulting firm will be appointed by Bank Negara next week to check loopholes in the central bank's system to prevent any recurrence of frauds. Central bank governor Tan Sri Jaffar Hussein said yesterday that the firm would
      Bernama  -  334 words
    • Article
      Short-term interest rates likely to continue rising, says economist
      413 9  -  By DEXTER LEE SHORT-TERM interest rates in the US, the UK, West Germany and Japan will continue to rise for the rest of this year, predicted John Calverly, vice-president and senior economist of the London office of American Express Bank. Mr
      413 words
    • Article
      Telerate and Intex reach accord with Liffe
      187 9 TELERATE Inc and Intex Holdings Ltd have reached an in-prin-ciple agreement with the London International Financial Futures Exchange (Liffe) to develop global electronic transaction services to enable trading orders to be routed via the Telerate network to the exchange. The first phase of
      187 words
    • Article
      Lock icon 'Troubled Bonn retail chain hid information'
      213 9 Reuter SWISS BANK Corp has rejected charges that it made errors when it organised the 1967 share flotation of a now-troubled West German retailing chain. "What we did not know was that the management of this company hid a lot of information which only
      Reuter  -  213 words
  • Page 9 Advertisements
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  • PRE-BUDGET '89/90
    • Article
      A ship called Pax Americana
      562 10 IN 1815, an American captain who had travelled in the Pacific sent a letter to his President. "We border on Russia, on Japan, on China. We border on islands which bear the same relation to the north-west coast as those of the West Indies bear
      562 words
    • Article, Illustration
      A case where there is no talk of carrots
      576 10 CIGARETTES LIQUOR WEEKS BEFORE the Budget last year, cigarette sales boomed as retailers stocked up in anticipation of higher tobacco duties. The retailers were spot on. Higher duties on cigarettes were one of only two sticks Dr Richard Hu wielded last
      576 words
    • Article, Illustration
      If we could have a say ...
      529 10  - If we could have a say Businessmen and professionals present their Budget wish-list Reports by RICHARD SEAH, ANNA TEO, SOH TIANG KENG, WILLIAM CHIA, SHOEB KAGDA and JAYARAM MENON A FAIRLY QUIET and painless Budget with nothing dramatic that's how some tax consultants and a lawyer view the government's 1989
      529 words
    • Article
      How much is that Porsche in the window?
      197 10 STOCKBROKING THIS YEAR'S Budget is turning out to be a non-event as far as stockbrokers are concerned. The few issues discussed among traders and analysts in Shenton Way do not even concern the industry proper. Said a broker: "Most of the people
      197 words
    • Article
      A capital dream — more fiscal incentives
      439 10 A capital dream more fiscal incentives FINANCIAL INSTITUTIONS SINGAPORE'S financial community wants the Government to beef up both the domestic and offshore financial markets. Commercial and merchant bankers are hoping Finance Minister Or Richard Hu will give a shot in the arm to the domestic fund management industry by scrapping
      439 words
    • Article
      Concern over higher taxes for cargo trucks
      148 10 FREIGHT FORWARDING THE strong possibility of higher car taxes to ease traffic congestion has made freight forwarders worry that their cargo trucks will be similarly penalised. An air freight forwarder estimates that members of his industry operate around 1,000 trucks to collect and
      148 words
    • Article
      CPF and other cost increases
      498 10 LABOUR EMPLOYERS and trade unionists have little to comment on today s Budget both sides expect no surprises but have plenty to say about the proposed raising of Central Provident Fund (CPF) rates in July. While trade unions want to see employers' contribution restored to
      498 words
    • Article
      Reaching out to potential investors
      370 10 TOURISM MOST HOTELIERS and travel agents recognise that Singapore must develop more tourist attractions if their industry is to continue to grow. They would, therefore, like to see more incentives in today's Budget that will persuade investors to undertake mega tourist projects such as the
      370 words
    • Article
      Incentives to buy new bunker tankers
      384 10 SHIPPING IF SINGAPORE is to become a top bunker port, operators of coastal bunker vessels say, they must be given incentives to modernise and upgrade their vessels. The industry faces an urgent need for more modern metal hull or double-hull bunker tankers equipped with
      384 words
    • Article, Illustration
      A more comfortable pace for us ahead?
      1378 11  -  This year's Budget is set against a good, but not bright, economic outlook. Economic growth this year is expected to be not so much slower but more comfortable. RICHARD SEAH and JAYARAM MENON paint the scenario and discuss some of the implications. JAYARAM
      1,378 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Financial disasters dent confidence in NZ recovery
      683 11 AFP A STREAM of further bad tidings from the New Zealand business world have drowned out repeated remarks by New Zealand Finance Minister David Caygill about the excellent prospects for the economy. Former blue-chip insurance group NZI Corp and the country's largest trading
      AFP  -  683 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      86 11 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way every Tuesday in BT BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, tennis, bowling, etc.
      86 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      32 11 Box Round the epiks SHOULD BRING N/OUTO JTEAjes. ATE R PUNCH IN THE Tuna S?n^ ING <S °J f A CLOUT ON THE NOSE Vhou) P\or>L)T O^GOFTHOSP? H K O R u
      32 words
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  • LEISURE
    • Article, Illustration
      Caught in the grip of a fine madness
      909 12  -  MUSIC By KOH TSE YING THEY NEITHER appear nor sound mad. but this week's soloists with the Singapore Symphony Orchestra are certain they possess some sort of madness the sort that egged them on into the hard and driving world ot music
      909 words
    • Article, Illustration
      Lock icon A sad ending
      655 13  -  PERSONALITIES By ANNE TAYLOR FLEMING NYT IT IS not often that a marital separation makes the front page of serious newspapers. But the recent split of Jane Fonda and Tom Hayden did precisely that, earning Page 1 status not only in the smaller, spunkier Los Angeles Herald
      NYT  -  655 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      872 12 POMMERY Where to entertain. steS! mtwnl TOO LATE FOR BREAKFAST? TOO EARLY FOR LUNCH? CALIFORNIAN BUFFET BRUNCH DELIGHTFUL HOT AND CCXD DISHES A JAZZ BAND TO PUT YOU IN A MERRY MORNING MOOO EVEN A LEGO PLAYGROUND NEXT DOOR FOR THE SMALL ONES BRUNCH AT NUTMEGS IS AN OUTING FOR
      872 words
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      Page 12 Advertisements Column 2
      208 12 Ogarvsed b? EAST-WEST EXPRESS CO.. ITO T *W*r*J Cosponsotd try MMI March 2-8 Reception Hal (5 th floor, South Wing) You can now get a taste of the whole Thai experience conjured up by 20 Thai cooks and served up with a Thai cultural troupe Plus, wm many air tickets
      208 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      187 13 f > i Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki Four tatami rooms are availaPle for private parties Located on the 2nd floor Open 12 noon to 3pm 6.30 pm to 11 pm A® C'enturv Park Sheraton Singapore 16 Nassim HiH Singapore 1025
      187 words
    • Advertisement
      Page 13 Advertisements Column 2
      85 13 Wine Dine with the Best Pommery Brut Royal was judged to be the best of the nonvintage cuvees sampled at' Wine Dine' Magazine's 3rd Bi-annual Champagne Tasting. "Best bubbles freshest lovely, elegant, classy ''Bright yellow, very active bubbles, rich, classic lime nose, very fine, elegant, well-balanced, clean finish, long after-taste.
      85 words
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      Page 13 Advertisements Column 3
      76 13 SOME THINGS NEVER CHANGE.. like romancing candle-light dinners and good old-fashioned dancing especially cha-cha tango. fo*trot. samba.waltz the list goes on At the Hearthrob you can relive those magic moments of yesterday and (who knows?) maybe create new ones Happy Hours Daily from spm to Bpm Buy one loose drink
      76 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      688 13 mmmm CRYPTIC PUZZLE ACROSS 4 Redskin food item? (6) 7 Figures to drink with a rustic (8) 6 In ttie sea. it's what it purports to be (6) 10 I'm a shot creature! (5) 13 Factual about a fellow (4) 14 Information for which an attorney gets thanks (4) 15
      688 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1262 13 TV and RADIO Budget highlights I «> «r Professor Chla Slow Yim (left) it an Kwon Ping (right) is Ihe president of OUR CHOICE FRIDAY BACKGROUND, 7.50pm, Channel 5 Within a few hours of Richard Hu's presentation in parliament, highlights of the Budget will be fed to viewers, along with
      1,262 words
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  • SPORTS
    • Article, Illustration
      Lock icon Des Smyth disqualified from Tenerife Open for breach of rules
      128 14 Reuter IRISH Ryder Cup and World Cup golf international Des Smyth has been disqualified from last week's Tenerife Open for a breach of rules. The 35-year-old player finished joint eighth in the event, the opening tournament of the £13.25 million
      Reuter  -  128 words
    • Article
      Surprise challenge from Bill, Guan Soon
      601 14  -  ROLEX MASTERS By WALTON MORAIS THE CLASS of the field told on the first day of the Rolex Masters golf championship as Asian champion Lu Chien Soon stormed to a three stroke lead in the $127,000 72-hole championship. Lu, the reigning Asian circuit champion,
      601 words
    • Article
      Lock icon Square groove clubs to be banned
      237 14 AP SQUARE GROOVE CLUBS, which provide greater control of golf shots, will be banned from PGA Tour competition at the end of this season. The unilateral decision to ban the clubs was made by the tour s policy board and came without the endorsement
      AP  -  237 words
    • Article
      Lock icon Trainer unimpressed with both Bruno and Tyson
      238 14 BOXING AP BOXING TRAINER Emanuel Steward, owner of the Kronk gymnasium in Detroit, criticised the performances of both champion Mike Tyson and challenger Frank Bruno in last Saturday's world heavyweight title fight in Las Vegas. Steward, who guided British light-heavyweight Dennis Andries to
      AP  -  238 words
    • Article, Illustration
      Lock icon McEnroe wins by default, Lendl takes a long time
      411 14 TENNIS AP JOHN McENROE and long-time foe Ivan Lendl advanced to the semi-finals of the World Championship of Tennis on Wednesday night McEnroe moving on by way of a forfeit and Lendl having to struggle with both his opponent and his
      AP  -  411 words
    • Article, Illustration
      Lock icon 'Johnson knows about dianabol'
      733 14 DRUGS IN SPORT AP THE COACH of disgraced Canadian sprinter Ben Johnson said he helped Johnson decide to take steroids in 1981 because of their pervasive use in top-level competition. "I think he understood that his competitors were on them," Charles Francis testified during a Canadian
      AP  -  733 words
    • Article
      Lock icon Graf shows no mercy in round two win
      175 14 AFP THERE was no letting up for world number-one Steffi Graf at the US$2OO,OOO tennis Indoor Championships in San Antonio. Texas, on Wednesday. The West German "grand-slam" winner ruthlessly dismissed second round opponent Leigh Anne Eldrege of the US 6-0, 6-1. Graf,
      AFP  -  175 words
    • Article
      BONDS, LOANS & WARRANTS
      699 14 BONDS, LOANS WARRANTS Company Esptry Coupon Contraction period Iwtafert f i i I maturity data <%) payable •hare CK Tono Wrti *****990 Anytime to Moy 31. 1990 1 warrant plus $2 25 cash. Chuan Hup Wrti 1991 Anytime on or offer Mor 1987 16 warrants plus $1 60 cosh until
      699 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      355 14 [-,%)|?-.(=&}~(\(&`?'=^}<?)!`@; IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF TAN SLEW KUAH (PTE) LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN In pursuance to Section 306(1) of the Companies Act, Cap. 50, that a Final General Meeting of the abovenamed
      355 words
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      Page 14 Advertisements Column 2
      434 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF THE CARBORUNDUM CO. SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN In pursuance to Section 308(1) of the Companies Act, Cap. 50, that a Final General Meeting of the abovenamed
      434 words
    • Advertisement
      Page 14 Advertisements Column 3
      158 14 ELMETRON ENGINEERS (PRIVATE) LTD (Incorporated In Singapore) (Members' Voluntary Wlndlng-Up) NOTICE OF FINAL MEETING Notice Is hereby given that pursuant to Section 306 of the Companies Act, Cap. 50. the final General Meeting of the Company will be held at 38-B Hong Kong Street. Singapore 0105 on sth April 1969
      158 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Sime Darby HK rakes in after-tax profit of HK$96m at half-time
      500 15  -  BY MAGDALENE NG SIME DARBY Hongkong Ltd has posted a glowing set of results for the six months ended Dec 31, 1988, with profit after tax and minorities rising 66.26 per cent to HK596.6 million (about Ss24 million) from
      500 words
    • Article
      RMCA Re chalks up 470pc rise in after-lax profit
      270 15  -  By ANDREA BORCH RMCA Reinsurance Ltd's af-ter-tax profit jumped 470 per cent to $1.48 million, while pre-tax profit increased 448 per cent to $1.99 million for the six months ended Dec 31, 1988. Turnover, however, dipped 4.2 per cent to $13.3
      270 words
    • Article, Illustration
      Hong Leong extends offer for Apollo again
      442 15  -  Barings says $1.70 price is generous By MAGDALENE NG THE HONG LEONG group has extended its takeover offer for Apollo Enterprises Ltd for another week. The closing date is now March 10. Hong Leong, which is making the bid through its private-ly-owned Hong
      442 words
    • Article
      Stanley Ho raises offer for SSMC
      363 15  -  By HERMAN PHUA MACAU CASINO king Stanley Ho has sweetened his offer for United States-based SSMC Inc to US$34 a share, one dollar higher than the US$33-a-share offer made by the rival Vincent TanPaul Bilzerian group. Acting through his Hong-kong-based Semi-Tech Microelectronics Far East
      363 words
    • Article
      MHE offer subscribed by 5.2 times
      295 15 LATEST Sesdaq entrant Material Handling Engineering Ltd's share offer has been subscribed by 5.2 times, drawing in applications from 2,232 applicants for 26 million shares. The five million 20-cent shares, priced at 70 cents each, that were available to the public attracted application monies
      295 words
    • Article
      Steamers share offer opens on Monday
      246 15  -  By ROSIE TAN STEAMERS MARITIME Holdings Ltd. the hived-off shipping arm of Straits Steamship Co Ltd, will launch its public offer of 25.2 million shares at $1.20 apiece on Monday. March 6. The offer will close on Mar 17 and investors will be able
      246 words
    • Article
      Lock icon Bank Negara sets M$200m ceiling on property trusts
      509 15 AFP BANK NEGARA Malaysia has announced a ceiling of Ms2oo million on property trusts following widespread interest to set up such funds. Bank Negara governor Jaffar Hussein said the size of property trusts had been initially fixed at Msloo million to ensure
      AFP  -  509 words
    • Article, Illustration
      Lock icon Jaffar Hussein appointed FIC chairman
      366 15 MBT BANK NEGARA governor Tan Sri Jaffar Hussein has taken over as chairman of the Foreign Investment Committee (FIC) and the Panel on Takeovers and Mergers Malaysia. He assumed the post of FIC chairman on January 1, 1989 and that of the Takeover Panel last
      MBT  -  366 words
    • Article, Illustration
      'Information expected in bona fide transaction'
      260 15  -  Insider Ttadmg Trkrf ALLAN NG JOHN MATHEW, Queens Counsel defending, yesterday said businessman Allan Ng's purchase of Sealion Hotels shares on Oct 8. 1986. was not illegal as the information given to him by officers of Sealion's adviser bank was to be normally expected
      260 words
    • SES
      • Article, Illustration
        Afternoon rebound enables market to recoup most of its early losses
        1128 16  -  By MICHELLE OH AFTER two continuous days of sharp falls, the local market showed its resilience by recovering most of its losses in the afternoon to close virtually unchanged. The Straits Times Industrials Index, which hovered below the psychologically
        1,128 words
      • Article
        APPROVED ISSUES
        86 16 Company RIGHTS ISSUE Irmo-Pacific Three tor-two @|IXpi k shore with $2 nonwnol (Mount of loo n stock and two TSfc Ex dot* Fab 24 Books dot*: Mar 8 Sslongor Dr«dg On* for three $0 SO (M Ex-do**: Mor 6 Books close: Mor 20 »r shore Company BONUS ISSUE
        86 words
      • Article
        PROPOSED ISSUES
        316 16 Company RIGHTS ISSUE Ayer Hitam Tin Ona for-ona $1 10 par shora Berjaya Corpn On* lor on* $1 00 por par shora C 1 Holdings 27 mtUon loon stocks in tha rotio oi 13 loon stock tor avary Hva ordinory -k. sno'ti wo Causeway Inv Is sua of
        316 words
      • Article
        COMPANY MEETINGS
        105 16 NUALA LUMPUR KEPONG BERHAO: 16th AQM at the Registered Office. Wisma Taiko, 1 Jalan SP Seenivasagam, ***** Ipoh. Perak on Monday, March 13. at 12.30 pm. AVIMO SINGAPORE LIMITED: 15th AGM at Leo Room, Marina Mandarin, 6 Raffles Boulevard, Marina Square, Singapore 0103, on Monday, March 20, at
        105 words
    • Article
      SES SHARE INFORMATION
      5800 16 1W< J99 Tel Gr's Gr's High Low Code Company Last Sale MAR 02 OTVol (•000) Day High Low Last Quote Buyer Seller Dlv Dlv C'vr rid Net P/E M Cap Smll SESDAQ 187 120 170 70% 110 130 82% 199* 144 92 135 126 122 114 t
      5,800 words
    • KLSE
      • Article, Illustration
        KLSE prices finish mixed
        525 17 SHARE prices closed mixed at the Kuala Lumpur stock market yesterday as late buying again partially stemmed early selling. Dabblers were in a cautious mood and trading progressed at a leisurely space Deals were hard to come by as dabblers showed no urgency and preferred to
        525 words
      • Article
        Untitled
        2848 17 1989 Last Vol Day Nat M Cap JKJ. iiQn Low Company Sale /-('000) i ign Low P/E SmN INDUSTRIALS 160 130 AISB 50c 144 -2 88 144 142 148 147.7 44 29 API 34 96 34 34 26.2 354 255 ASM 50* 330 unch 27 330 326 32.7 1353 0
        2,848 words
    • REGIONAL MARKETS
      • Article
        Lock icon Analysts remain bullish over Thai stocks despite downturn
        584 18 Reuter CONCERN OVER rising interest rates may prolong this month's downturn in the Thai stock market for several more weeks but strong economic fundamentals should boost share prices later in 1989, stock analysts say. Foreign analysts attending a recent seminar at a
        Reuter  -  584 words
      • Article, Illustration
        Lock icon Market see-saws
        503 18 Australia Reuter AUSTRALIAN STOCKS yesterday see-sawed in a market lacking direction from overseas as weak gold prices and the firmer local dollar subdued trading. By the close of floor trading, the All Ordinaries Index had swung from a 2.0 point gain to a 1.1 point loss at 1.494.5.
        Reuter  -  503 words
      • Article, Illustration
        Lock icon First gain this week
        519 18 Tokyo Reuter TOKYO share prices yesterday seesawed through the day to end higher in the first gain this week. But the steam was taken out of volume levels as most investors preferred to wait to see whether the Bundesbank raised key interest rates at its meeting
        Reuter  -  519 words
      • Article
        Lock icon Sony keen to expand video software business
        312 18 Reuter SONY CORP, convinced that software is a key source of future profits, is keen to expand in the video software business, but industry analysts in Tokyo said they were unaware of any new developments in Sony's search for a possible takeover target.
        Reuter  -  312 words
      • Article, Illustration
        Substantial fall in blue chip prices
        1377 18 Hongkong BLUE CHIP prices fell substantially yesterday due to growing concern over the immediate proepects of a rise in local interest rates, brokers said. The Hang Seng index dropped 26.59 points to 3.010.48, while the broad-er-based Hong Kong index ended 18.15 lower at 1,967.91.
        1,377 words
      • Article
        Lock icon Manila: Index at '89 high
        217 18 Reuter THE MANILA Slock Exchange composite index yesterday breached its 1969 record for the third consecutive trading day. cloeing at 888.47 points alter a combined price rally in oils and mines pushed it up from 877.16 on Wednesday. Brokers said speculation on the Galoc 1
        Reuter  -  217 words
      • Article
        Lock icon Seoul: More consolidation
        183 18 Reuter THE SEOUL stock market index yesterday saw marginal losses and continued dull trading in what brokers said was more market consolidation. After making small gains in the morning, the composite index dropped 1.61 points to 916.29 near the close. Turnover following a market holiday on Wednesday
        Reuter  -  183 words
      • Article
        Lock icon Bombay: Recovery
        212 18 Reuter BOMBAY SHARES staged a recovery yesterday during heavy buying by state-owned financial institutions to back up steps to curb excess speculative selling, brokers said. They noted that the exchange authorities raised deposit margins on sales in 10 leading shares to 20 per cent from 15 per cent
        Reuter  -  212 words
      • Article
        Lock icon Taipei: Lower close
        385 18 Reuter TAIWANESE share prices closed slightly weaker yesterday after investor indecision sent the index wavering for most of the day, dealers said. The weighted index dropped 15.65 points, or 0.2 per cent, to finish at 7,109.23 compared with Wednesdays 7,124.88 close and a high of 7,182.82 earlier
        Reuter  -  385 words
      • Article
        Lock icon Bangkok: index down
        166 18 Reuter THE SECURITIES Exchange of Thailand Index fell 3.78 points to 429.48 yesterday on a turnover of 8,010,165 shares worth 556.99 million baht. MAR oa BAMT Ao Kham Thai Ayvtdhyi Invaetman Bangkok Agro-lnd Bangkok Bank Bank Ot Ayudhya Charoong Thai Win CaMa Data mat Ohana Slam Fin
        Reuter  -  166 words
      • Article
        Lock icon New Zealand: Small gains
        163 18 Reuter NEW ZEALAND shares ended the day a little higher yesterday but turnover was low and dealers said the sparse interest was likely to continue until the end of the week. The Barclays Index rose 4.21 to 1,920.91. "We're hardly likely to see more than the
        Reuter  -  163 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Income rise report rattles market
        838 19 New York Reuter SEVERAL BOUTS of futures-linked sell programmes pummelled Wall Street stocks on Wednesday, giving them their first loss this week. Share prices were also hurt by resurging inflation jitters. Bonds fell sharply on a larger-than-expected gain in January personal income. "People are coming
        Reuter  -  838 words
      • Article, Illustration
        Lock icon Equities open weaker
        911 19 London Reuter LONDON SHARES were generally lower in moderate early trading yesterday after Wednesday's 15-point fall on Wall Street. Dealers said concern over sterling's underlying weakness, amid worries of a rise in West German interest rates, weighed on sentiment. The pound hit near three-month lows against the
        Reuter  -  911 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1459 19 Reuter ZURICH: Swiss share prices closed narrowly mixed on low volume yesterday as most of the trading took place before the result of yesterday s Bundesbank meeting was known. But towards the end, prices recovered slightly from a weaker opening, dealers said. The all-share index ended one
        Reuter  -  1,459 words
      • Article
        Lock icon Nabisco's cigarette venture up in smoke
        556 19 Failure a big setback for entire industry FT RJR NABISCO's decision to scrap its so-called smokeless'* cigarette is one of the most expensive new product failures in US business history. It is also a big setback for the second-larg-est US tobacco company and for
        FT  -  556 words
      • Article
        Lock icon Dutch investment group may gain control of UPI
        238 19 Reuter A DUTCH investment group has said it may seek to gain control of the US firm which owns the United Press International (UPI) news agency. Avacus spokesman Joop de Jong said Avacus Partners LP has notified the Securities and Exchange Commission
        Reuter  -  238 words
      • Article
        Lock icon WPP may value brand names
        301 19 Reuter MARKETING SERVICES firm WPP Group pic is considering incorporating the values of some brand names in its balance sheet. WPP said the valuations would probably be confined to J Walter Thompson Co and Hill and Knowlton and. if incorporated, the valuations would be conservative.
        Reuter  -  301 words
      • Article
        Lock icon Enterprise wins battle for Texas' oil assets
        402 19 FT ENTERPRISE OIL, Britain's biggest independent oil company, has emerged as winner in a hotly contested auction, paying US$l.4 billion cash for the oil exploration and production assets ot Texas Eastern, the US gas transmission company which has agreed to be taken over
        FT  -  402 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      229 15 CURRENCY INVESTMENT AMI Kl< AN I XI'Kl ss HANK TEL: 321 3333 By Order of the Trustee in Bankruptcy in compliance with terms of Court Judgement in the Bankruptcy of a prestigious Iranian Merchant IMPORTANT LIQUIDATION AUCTION OF HIGH INTERNATIONAL STANDARD VAST EXTREMELY VALUABLE EXCEPTIONAL SPECIALIST ASSETS GENUINE AUTHENTIC HANDKNOTTED
      229 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      55 18 ON SALE NOW! j y u J MCK,P)2O7'7 88 VOL 13 NO 3 r J MARCH *989 MONTHLY $4 Km fhk IN A NEC TIOX Off For Local Businessmen V '«N| /'F rSr A-ir"- ii yj| T STi* < <*■ i^w; •>"§£ F■ '-W Tift *-ML TJ J-,.4! 4 Mr
      55 words
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  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      265 19 M4WUAL H4NOUNG fNOMffMMO LTD (Incorporated in the Republic of Singapore) INVITATION IN RESPECT OF 6,800,000 ORDINARY SHARES OF $0.20 EACH COMPRISING 5,500,000 NEW SHARES AND 1,300,000 EXISTING SHARES AT $0.70 PER SHARE PAYABLE IN FULL ON APPLICATION The Board of Directors of Material Handling Engineering Ltd is pleased to announce
      265 words
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  • Article
    Hotels: Redas projects a different scenario
    629 20  -  Estimate a far cry from that of the tourism board By ELAINE KOH UP TO 8,000 new hotel rooms could come into the market in the next few years, according to an estimate by the Real Estate Developers' Association of Singapore. The Redas projection
    629 words
  • Article
    Lock icon Gong Kedak to be used as RMAF training centre
    123 20 Bernama THE MALAYSIAN Defence Ministry will use Gong Kedak Airport near Pasir Puteh as an RMAF training centre until its reconstruction and expansion into a major base for the airforce in the East Coast. Defence Minister Tengku Ahmad Rithauddeen said yesterday
    Bernama  -  123 words
  • Article
    Lock icon Malaysia Airlines approves new five-year fleet development plan
    344 20 Bernama MALAYSIA AIRLINES board of directors has approved its new five-year fleet development plan involving an investment of about M 55.5 billion to cover the domestic and international operational developments and fleet requirements from 1989/90 to 1993/94. The national air carrier's latest
    Bernama  -  344 words
  • Article
    Lock icon Venezuela approves wage increase after riots
    271 20 Reuter AFTER three days of rioting and looting over austerity measures, the Venezuelan government on Wednesday approved the first overall wage increase in two years and vowed to subsidise some food staples. The measures raised the salaries of four million private sector workers by
    Reuter  -  271 words
  • Article
    Lock icon Hyundai unit resumes work after 70-day shutdown
    159 20 Reuter ABOUT 2,400 labourers at a subsidiary of South Korea's giant Hyundai conglomerate went back to work yesterday, ending a 70day stoppage, company officials said. Management shut down the Hyundai Engine and Machinery factory in the south-eastern industrial city of Ulsan in December
    Reuter  -  159 words
  • Article, Illustration
    No sales tax lor Hongkong for at least two years
    381 20  -  By FOO CHOY PENG Hongkong Correspondent HONGKONG would not see the introduction of a sales tax for at least two years, said Financial Secretary Piers Jacobs yesterday. At a press conference to answer queries about the budget he unveiled the
    381 words
  • Article
    Lock icon Chatichai cancels meeting with Nguyen Co Thach
    361 20 AFP THAI Prime Minister Chatichai Choonhavan abruptly cancelled a scheduled meeting with visiting Vietnamese Foreign Minister Nguyen Co Thach in Bangkok yesterday, apparently in a move expressing dissatisfaction with Hanoi's line towards a settlement in Cambodia. Mr Chatichai later told reporters that he
    AFP  -  361 words
  • Article
    Comex gold
    93 20 COMEX GOLD FUTURES hovered at unchanged in the slowest session of the week in early trading yesterday with buyers and sellers evenly matched. April gold held at Wednesday night's close of U*****.10 an ounce after drifting in an early range of US$3B7 20 to U*****.80 Analysts said small
    93 words
  • Article
    Lock icon 'Malaysia set for third oil exploration boom'
    518 20 Bernama MALAYSIA is entering a third exploration boom in the wake of a resurgence of "wildcat'' exploration activity, an exploration executive with Petronas said yesterday. Petronas's acting manager for exploration, Ahmad Said, said that 19 new production sharing contracts (PSCs) had been signed
    Bernama  -  518 words
  • Article
    Lock icon Manglapus says Japan should resist US pressure to rearm
    362 20 AFP PHILIPPINE Foreign Affairs Secretary Raul Manglapus has said that Japan should resist US pressure to re-establish a military presence in the region, urging it to remain an economic power instead. In an interview on Wednesday, he also said there was
    AFP  -  362 words
  • Article
    Lock icon China plans agricultural programme with Soviets
    152 20 AFP CHINA plans to launch a massive agricultural cooperation programme with the Soviet Union aimed at using low-cost Chinese labour and resources with Soviet funds and technology, the China Daily said yesterday. The plan, which could include chicken breeding, repairing Soviet fishing vessels, processing
    AFP  -  152 words
  • LATE FILE
    • Article
      Lock icon Beijing denies Hanoi statement
      64 20 AP CHINA'S Foreign Ministry yesterday denied as "unfounded" a reported statement by Vietnamese Foreign Minister Nguyen Co Thach that China and Vietnam would normalise relations by the end of September. A ministry spokesman also said that no date had been set for a second meeting of
      AP  -  64 words
    • Article
      Lock icon Khmer guerillas blow up depot
      60 20 AFP RESISTANCE guerillas have blown up the main Vietnamese munitions depot in Cambodia. depriving the Phnom Penh forces of months of arms supplies. Members of the National Sihanoukist Army destroyed "the biggest Viet arms depot belonging to the famous F5 division" in an attack on
      AFP  -  60 words
    • Article
      Lock icon 'Taiwan still attractive'
      40 20 AFP TAIWAN'S investment climate deteriorated in the past year owing to growing labour disputes but it is still attractive to foreign service industries, according to a survey of investors published yesterday by the monthly Commonwealth magazine. AFP
      AFP  -  40 words
    • Article
      Lock icon Alatas calls for North-South talks
      56 20 AFP INDONESIAN Foreign Minister Ali Alatas yesterday called for reactivation of the global North-South dialogue as an "urgent necessity". Mr Alatas told Australia's National Press Club in Canberra that while a welcome brightening could be discerned in East-West relations, the inequities and disparities in the
      AFP  -  56 words
    • Article
      Lock icon Ramos meets Honasan's mates
      42 20 UPI PHILIPPINE Defence Secretary Fidel Ramos and top armed forces officials yesterday met privately classmates of coup leader Gregorio Honasan at the elite Philippine Military Academy amid reports that the cashiered army colonel had sent surrender feelers. UPI
      UPI  -  42 words
    • Article
      Lock icon New party in Sabah
      50 20 Bernama A NEW POLITICAL party in Sabah Parti Rakyat Sabah will be launched in Kota Kinabalu today. A party spokesman said that it aspired to become an alternative to the ruling Parti Bersatu Sabah if the people wanted a change in the next state election. Bernama
      Bernama  -  50 words
    • Article
      Lock icon Resolution of dispute urged
      50 20 AFP THE SOVIET newspaper lzvestia has published Japanese Prime Minister Noboru Takeshita's call for the resolution of a territorial dispute which dates to World War 11. Mr Takeshita's comments were the first ever made by a Japanese prime minister directly to a Soviet state publication. AFP
      AFP  -  50 words
    • Article
      Lock icon Plane disaster: lawsuits filed
      41 20 AFP THE FIRST two lawsuits have been filed against United Airlines and Boeing Co by survivors of a disaster in which nine people died when a hole blew out of the hull of a jumbo jet. AFP
      AFP  -  41 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      147 20 Let's enjoy the BUSINESS LUNCH" on board the "EQUATOR DREAM" which starts cruising from Gifford Pier at 12 noon sharp, and comes back by 2pm. VYou can enjoy the fantastic oufftr incheeri seeing the Singapore skyline an Islands. iair M) e£ I i/ N CRU^ 533-2733 24 Raffles Place #26-02
      147 words
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      Page 20 Advertisements Column 2
      42 20 AEROLEASING FAR EAST ANYTIME, ANYWHERE, YOUR PRIVATE JET IN ASIA. CALL 24 HOURS A DAY FOR CHARTER 733 5324, 733 5334 Europe's IMo. 1 Air-taxi Charterer is now operating from Singapore. 20 Kramat Lane #04-07 United House Singapore 0922 Fax: 733 5339.
      42 words
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  • SHIPPING TIMES
    • Article
      Singapore supplies 10m tonnes of bunkers to ships
      585 21  -  By LINDA CHEE BUNKER volumes through Singapore topped 10 million tonnes last year, confirming the Republic as one of the world's leading ports for supplying fuel to ships. Informed sources said 10.08 million tonnes were handled locally in 1988, compared with 8.5
      585 words
    • Article
      Lock icon Yang Ming to buy 14 ships costing US$1.03 billion
      144 21 AFP THE Taiwan government has approved a proposal by state-run Yang Ming Marine Transportation Corp to buy 14 container vessels as part of a five-year expansion costing US$l.O3 billion. The approval from the Council for Economic Planning and Development follows an
      AFP  -  144 words
    • Article
      Lock icon Aussie dockers lift overtime ban
      161 21 Reuter THE Australian Waterside Workers Federation (WWF) has lifted a ban on overtime which disrupted cargo handling at Australian ports for the past three weeks "The ports will from now start to get back to normal working," WWF senior official Tas Bull said. The WWF
      Reuter  -  161 words
    • Article
      Lock icon Pakistan National sees better future
      167 21 Reuter SAEED Mohammad Khan, chairman of the state-run Pakistan National Shipping Corporation (PNSC), on Tuesday predicted a better future for the industry following a rise in freight rates. "We are now making operating profits because freights are going up," he said. PNSC made an operating
      Reuter  -  167 words
    • Article, Illustration
      High-tech ship calls at Singapore
      450 22  -  By LINDA CHEE the NOR A SIA SINGA is probably every sailor's dream. Built under West Germany's "Ship-of-the-Fu-ture" design at a cost of Dm7s million, it has highly advanced features that include an automatic chart plotter and "push-button" equipment for a variety of functions covering
      450 words
    • Article
      INDEX TO ADVERSITERS
      1090 22 AB Shpg s ABC Cwitomr a 1 Accord Shpg vi 117 AES n 1 Ahrenkiel liner X 4 AHtrons iv 1 AC Toepler ja i Americon Tpt i 4 Anro W>«« IV 2/3 Arrow lines IX 5 Ason Ocean XI 4 Assoc Corriage XI s ANl 1
      1,090 words
    • Article
      Lock icon American President considers entering trade finance business
      469 23 The Journal of Commerce AMERICAN President Companies is looking at entering the trade finance business as an added service to its customers, say trade finance sources If the company does in fact go through with the idea, it would represent a new strategic
      The Journal of Commerce  -  469 words
    • Article
      Aussie line explains decision in ending service
      339 23  -  By JOHN SPIERS THE AUSTRALIAN National Line has rejected criticism by the troubled New Zealand Shipping Corporation that it has dropped their joint trans-Tasman operation because the New Zealand government apparently will not consider an ANL bid to buv NZSC ANL managing director,
      339 words
    • Article
      EC to unveil shipping package by April 1
      225 23 EUROPEAN Community Transport Commissioner Karel Van Miert plans to unveil a package of proposals by April 1 to aid the community's shipping industry, a spokesman said. He said Van Miert had instructed his staff to draw up "positive measures'' to reduce the
      225 words
    • Article
      SHIPPING EVENTS
      397 23 March 7 Fire protection of electric cables, technical meeting, 1730 hours, Institute of Marine Engineers, The Memorial Building, 76 Mark Lane, London. EC3. March 9-10 The Motor Ship 11th international marine propulsion conference and exhibition, Hotel Russell, London. Details: Status Meetings Ltd, Festival Hall, Petersfield, Hampshire GU3I 4JW
      397 words
    • Article
      LONDON FREIGHTS
      968 28 TALK that further grain business had been covered on the influential US Gulf/Japan voyage at higher rates again featured the freight market on Wednesday, but details were scarce, brokers said A firm US$27 is said to have been paid on this run snd although not confirmed, the Baltic
      968 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7693 28 AARHUB Noraaia PrmctH. N»im Lata March 1 Mmg Paaca Vang Mmg. March S Evor Gloomy. Eivgitw, Ma/cX S Kurama Maru Trtot. March Bunga Pormoi. ScanOutcht March Xing Ha China Ocoon Shpg March t Villa da PMon. CM 0 AKratamanl. March I S
      7,693 words
    • Article
      SHIPS IN PORT
      1202 28 AT CON Vtiwl KEPPEL WHARVES loiolw 0 Q»im (MoM Sfclll Hop* AprtOfc** <£» Oo«a«i* («UWw<o« rudaM MiCwMm (N M* Co** Va*tx (nMM M*«ta* b| Ocaa* M* Wi Wa Va>» VENTI B«r U2 CU cu CI* IX (M clf <30 CM tjl CI/ CI/ ai OR mm at
      1,202 words
    • Article
      BUNKER MARKET REPORT
      544 30 Density Water Carbon Residue Ash Aluminium Sediment KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Clmac limits Spec E25 Spec G35 991 991 1.0 1.0 15.0 18.0 0.10 0.15 30* 30* 0.15* 0.15* Northern Europe 180 Ave 180 Max No above E25 981 999 4 0 1
      544 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      712 21 *°*vV V >*~ V o,o° TIMES STP Distributors OOCL Dedicated to C2 Ma ''*Y Sc»vic«! Jardine s INE SHIPPING AGENCIES 200 Cantomnwt Rotd #12-05 Southpcnt, Singapore 0208 Td *****11 TELEX NO RS ***** TERMINAL/CFS Tel *****18 220 BOOKINGS T«i *****34 235 PCSAKA JARDINE SHIPPING AGENCIES SON. BMO PORT KELANG TEL
      712 words
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      Page 21 Advertisements Column 2
      48 21 mm THE NORASIA SINCA is probably every sailor's dream. Bollt under West Germany's "Ship-of-the-Future" design at a cost of Dm7s million, it has highly advanced features. Page II AMERICAN President Companies is looking at entering the trade finance business as on added service to its customers. Page 111
      48 words
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      Page 21 Advertisements Column 3
      532 21 *>vH Hi TIMES STP Distributors *T MAERSK LINE 5* DESTINATIONS *o California-US Gulf US Atiant»c-E.i%t Cana<la An Wat«r S#rv«c« LUNA M 8003 vj LARS M 8304 14/3 LAURA M 0004 21/3 RE GIN A M 1804 2*3 LEXA M 8804 4/4 MCKINNEY M 8804 11/4 LEOA M 8804 18/4 LICA
      532 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      582 22 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ROTTEROAM/ ANTWERP P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN KURAMA MARU BENALDER PILAR BENAVON OSAKA BAY NIPPONICA TOLAGA BAY 18/3 5/4 7/4 9/4 10/4 12/4 25/3 12/4 14/4 16/4 17/4 19/4 wwi I ZW3 I 23/4 20/4 19/4 BAY I 03/590 I 30/3 I 1/4 1»4 21/4
      582 words
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      Page 22 Advertisements Column 2
      18 22 /JJrJX Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      18 words
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      Page 22 Advertisements Column 3
      825 22 lM °IW&\T i [/i sil r_sz r\ r~>. REGULAR INDEPENDENT FULL CONTAINER SERVICE SOU FEX D 14/4 17/4 TO EUROPE kk 0 1 SIN NOR ASIA PRINCESS VBS32-3 1/3 2/3 3/3 27/3 NORASIA SUSAN VWOI-3 10/3 11/3 12/3 W NORASIA SINGA V 8902 3 20(3 21 3 20 3 14/4
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      966 23 r? The Straits Steamship Group V V* P&O Containers CONTAINER SERVICE TO UK/CONTINENT Also Accepting Cargo For: to Ctmtmtm. Aarhua, Gothenturi Hllmo. Slock horn. a>1 Zurich to ill UK tfMliiutiont. fMfnt and Dublin [CONTAINERSHIP SERVICE FROM UK/CONTINENT: H'burg B'havwi IT dam L«H S'ton P Klang Sport H'Kon| Kao BEN AVON
      966 words
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      Page 23 Advertisements Column 2
      557 23 EURO BOX LINE AGENTS: MEWSffIP Tel: *****77 PTE L TO* TO USA/CANADA WEEKLY FULL CONTAINER SERVICE FEEDCR P. EISENHOWER V 45 P. ARTHUR V2O P. HARDING VI) P. ROOSEVELT V 43 P MONROE V» "nrmriHiTTMT—am— ■Mia 9 7/3 (15/3 117/3 2-3/4 7/4 LINEHAUL P EISENHOWER V 45 P. HARRISON V
      557 words
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      Page 23 Advertisements Column 3
      96 23 C SAV Cot.?j- a cjrj co S EXPBESS SHMCg to/from CWUS ntow s pore Homo vessel m yoko mica km antofvalp sai VESSEL CSAV 1 4/3 P S PALIOS V UMHB IV3 »3 M UN CSAVI U/J B VESSEL WWW 11/5 2*5 art Vfi CSAV 2 _W C VESSEL WW-
      96 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      469 24 mSINOSE MARITIME PTE LTD EH ISLAMIC RCPUBUC OP IRAN SHIPPING LINKS IRAN BAVAN PJIiU Singapore Loading tor:11/3 BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSI HK LOAO FOR: KYOWA VIOLET V.24 31/3-1/4 VILA, NMA, LTK. SUVA, PAGO, APIA •KYOWA HIBISCUS V.3S 24/4 GUAM. SAIPAN. HRA, VILA, NMA. LTK. SVA,
      469 words
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      Page 24 Advertisements Column 2
      1172 24 0 HANJIN SHIPPING CO., LTD. yri.l V CONTAINERISED SERVICE TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST 1 T/S PORT UK HAUL M PUS. HANJIN SUSAN MC 14/1 PUS. Ml HANJIN POMANC 171 W PUS Kit HANJIN KUNSAN HI PIIS LJU DM *3 1W w an i* »3 W
      1,172 words
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      Page 24 Advertisements Column 3
      981 24 a EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURQ/FE) EVER GRAND Even GREET EVER GOLDEN EVER GLOBE EVER GENIUS HKC KSG KLG PUS MKT OSK TYO CMS m mvr xmM«)2jMi2si?S2' ezyoßWlZ7 eai, wz Waw vm 11m i*m jsm nm nm ALSO ACCEPTING CARGO TO: 1) PROVIOENCE. NEWARK. SAVANNAH. ROSTON PHILADELPHIA.
      981 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      791 25 x A PACIFIC INTERNATIONAL LINES \Vk\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel *****33 FAR EAST CONTAINER SERVICE ACCEFTVM MURURAN/TOMAKOMAi/HfTACHI CARGO VIA HKQ JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE s BANGKOK CONTAINER SERVICE BELAWAN/STRAITS CONTAINER SERVICE VOY SIN BLW PEN PKL SM 278 SM Infl M 7/3 MOl
      791 words
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      Page 25 Advertisements Column 2
      525 25 ir% BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINE an mo an on an no an an vn an nn v* v* it* 7* w I*4 iw MM— UK W W* VI) W nt* m m n» ait att w id im n* m* w w in m 7n tfi
      525 words
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      Page 25 Advertisements Column 3
      527 25 iV DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA IM9OMCBIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSNIP SERVICES SIN6APORE TO EUROPE VSL/VOY S. PANJANG/21W MATARAM/23W8 ANTWERP H BURG/ ROAM/ADAM BREMEN to hwhicimtHt Also toctpttng ctrQO to Cmblinci. Port Said, Port Alaiandrla, Qanoa, Trtooto. ALSO ACCEPTING
      527 words
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      Page 25 Advertisements Column 4
      388 25 BOUSTEAD SHIPPING AGENCIES Sport P.M TAUNG GYEE V34SN ln p.. PA-A* VI3SW PINYA VIOIW M PAGAN VUW IVI7 Ibr BURMA FIVE STAR SNIPPIMS CORPORATION (Burmese National Line) Loading for Rangoon i'pore P.Kelang Pwunf Bangkok .1,1 l L=Q^SiaI?L!ZLILIIIi NORTHBOUND TO UKC SPORE ROAM HULL MM CLYDEBANK V2SN 31/3 29/4 6/5 3/5
      388 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      692 26 Q K LlNfc KAWASAKI KISI.N KAISHA. LTD. NEPTUNE GARNET 0. FREEDOM V24/OOCL FAIR RAINBOW BRIOGE 0. FSHIP Vl3/OOCL FREEDOM NEPTUNE GARNET ORIENTAL FREEDOM RAINBOW BRIDGE ORIENTAL FRIENDSHIP FEEDER VESSEL NEPTUNE GARNET ORIENTAL FREEDOM RAINBOW BRIOGE ORIENTAL FRIENDSHIP •PK/PNG SGP MOTHER VESSEL HENRY N. BRIGE MACKINAC BRIDGE BROOKLYN BRIDGE GEORGE W.
      692 words
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      Page 26 Advertisements Column 2
      56 26 tfcV to, *5 4) I'R GOLDKNWAY MARITIME SDN. lIHD. ETA ETO Loading For SWEE ANN SATU V 4/89 15/3 18/3 Kuching/KK/Labuan NEW LINE No.l VI/® 15/3 20/3 Bintulu/Min MARITIME No.l V 3/89 11/3 13/3 KK SA, Loronjj Cempening, o«U!n. Berangan, Poft Klang, *****, Selangor r«l: *****00, *****84 *****88 Fax No
      56 words
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      Page 26 Advertisements Column 3
      553 26 MUMS 41 TULSIOAS Y. 40 KALIOAS V 4? TULSIOAS Y. 41 Trwwt (WW Sum AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCLVFCL Contalnara Pmv lovkw tor B, fmtm +7Z* 4 5 5 f'wn/tMb/S r<fcvAdd i if Frtm/IMb/Sirdn/AM wi. J 3A* Apr Ffm^Mb/SrOn/AtM aM, n,to f 'im/tWb/Srdn; Add 1 Mifcauim U 4tn INDIA
      553 words
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      Page 26 Advertisements Column 4
      501 26 G.a GOLDEN LINE GUAN GUAM SMPPMG (PTE) LTD Q, r*M Avar Str««l WNCAPOHf MM TEL VMMM (M LINES) he UOSM STRAITS/PERSIAN GULF SERVICE: COL DEN WON OCR CotanDtfK*idwOubo. GOLDCN HAVEN CotontxvKjradh/Du^ CHINA SERVICE A VESSEL Hww Stanch* M*, r—, WBMr CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA
      501 words
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      Page 26 Advertisements Column 5
      227 26 ♦*1 EJ M TV" mu rituaj, L?'L*.»ti a, itkj» PHiU OmCNT LIN€S PT( LTD ►-€AO Off Ct 6) ROS SSOVPOJO .JM2 Afpo asia Buac n; s sGAPCPf oics fflf< RS ***** PHa! F3* 2<s<f>?« i.'ii).."i. ji l i;:iii- rrETA SJNGAfOtCIOCSTINATKM uxi/men amwmm. tm m ra «ia ■OMASA. DARESSALAM ASS/ BEIRA,
      227 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1193 27 NEPTUNE AGENCKS PTE. LTD tMOUiws Bookings Fl IU/AUSr IPA/SfA 2/W/53 2/85/42 NOL ORIENTUNES UD NEPTUNE IMPORT EXPORT w IV*. W*? Vf' ']'1'1'.47.1 [i "Jit f I 4,'Tl\t V Ey, > t wy. 1* (*±-j r.ii ICI i w.i:i»] tll »Trt t i a i>l jjaatv'iy v-m .-i a'f*fi TiTim'li 1
      1,193 words
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      Page 27 Advertisements Column 2
      833 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Harket Street Singapore 0104 Tel: (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** US ***** RS ***** PCNANC MESSRS HAI THONG SKIPPING 12/ Pkum Street. Pwant Malayw CM* lAYAPOH Pf NANG. T«(: *****4/M29M/ Itkt MA
      833 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      202 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. fEI 225 6868 (34 Imei) FAX *****39/*****/6 nifX HS ***** A/8 SSCMA, HS ***** A/H SSCAI) DSR-LINES 1 /EB OEUTPRACHT ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE "VIA LARNACA: ACCEPTING CARGO FOR UMASSOL BEIRUT, lATTAKIA, ALEXAJORIA, PORT
      202 words
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      Page 28 Advertisements Column 2
      25 28 T.S.K. LIME WEEKLY CONTAINERISED SERVICE HINODE KISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE MIDDLE EAST REGULAR LINER SMQAPOAE SHPPMG CORPN (PTE) LTD TEL: 229 MM
      25 words
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      Page 28 Advertisements Column 3
      72 28 MAINFREIGHT (S) PTE LTD 15 Mccallum St #05-04. Natwest Centre S pee 0106 TEL: *****12 AUSTRALIA VSL SIN FOR Z. KAO 9/3 SYD, MELB ADEL, BRIS FCE SHIPPING WEEKLY SERVICE TO:USA. HONGKONG FLYING CIRCLES EXPRESS PTE LTD TEL: *****24 FAX: *****31 TLX: R*****2 KOREA KIMCHEK SHIPPING COMPANY ETHIOPIA SERVICE ASSAB
      72 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      129 28 ir.i Z m X .1 Regional Wiotker m 8 I < <• Jt r.-r. r A m fg jt R Thtodanlorm V B—t A WM drackon tmh Wow hMhi ipMd n lutatt Cloudy Sky S«rt*c» «M* an mtmfi by «IW* atedi Nr «*4 0 O"* <*de npmmn cabn or tgN
      129 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      403 29 J&FARGO SHIPPING Tel:2a4 012 a REGULAR EXPRESS FCL& LCL SERVICE M S. ABC CONTAINERLINE N.V. Li TO AUSTRALIA/NEW ZEALAND VSL Mmtw 2l» I 1/3 jV3 IS/3 TNT Ciprn* 221 31/3 1/4 14/4 t HUOMa 222 MUSSEL 224 16 DAYS TO SYDNEY! TO USA/CANADA Also xuptint cuto to:USA Houston, Savannah, Tampa,
      403 words
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      Page 29 Advertisements Column 2
      331 29 CALCUTTA/KARACHI/CHTGONG/CBO REGULAR CONVENTIONAL LINER SERVICE S'ptr* Loading For IV) KARACHI 21/3 CALCUTTA WSL PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG KAPTAI 28-29/3 30/3-1/4 SUNDERBANS 23-25/4 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN
      331 words
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      Page 29 Advertisements Column 3
      574 29 CCNI COMFANIA CHILENA DE T Atil))) NAVEOACION INTEKOCEANICA IA (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE AM IQUIQUC VALPARAISO STO ARAUCO IV4 20/4 CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTEO WITH T/S VIA VALPARAISO NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71, *****65 *4 SYDNEY/ADELAIDE MELBOURNE ii/s BANGKOK A««*iflc La «Fa
      574 words
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      Page 29 Advertisements Column 4
      105 29 PERKINS SHIPPING PERKINS DIRECT SERVICE TO OANWWI/PT. HEOCAMO'/BROOMC* Accepting BtmUn*, HMvy-Wl, ConMiw RO/RO Cargo** MARK HAM BAY V.4 MARKHAM BAT V.S MARKHAM BAT V.( •SUBJECT INDUCEMENT ITA/CTD STORE 3/4 Mar ETD DARWIN Mar CTA/tTD S POKE W1 Mar ETO DARWIN Mar ETA/ETD S TORE Apr ETO DARWIN 17 Art Gmrai
      105 words
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      Page 29 Advertisements Column 5
      271 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 B] IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT MV SINOBAD WEST BOUND SERVICE ETA S PORE LOADING FOR In Pt UM Qasr/Basrah/BafMad A Other Arabian Gulf Por THROUGH B/L« to BAGHOAO UPON REQUEST ALSO ACCEPTING CONTAINERS UP TO
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      Page 30 Advertisements Column 1
      623 30 Ita FINE-LINER SHIPPING PTE LTD /'J Shenton Wiy INO2C Minm Mouse S ccr- 020/ TEL 2J5W7 (j Lir•••i) TLX fis 22W1 FIINER TAX IIUiM EUROPE SERVICE (FCL LCL) irrnn S I'« |i$ I.s ,5? a* at* |i* FAR EAST SERVICE (FCL LCL) ip un uo m m l« Ufl W3
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      Page 30 Advertisements Column 2
      713 30 Z I M ruil CONTAINER SERVICE accapNaa FCL/ICL carton lo USA Lnt A Wmt Cont Carrittaan.Eatt Canada. HAITI. Coaia Rita, II Salvador. Guatemala. Honduras Ven«/u«li P«fu Ecuador, Collegia »u Miami Trinidad. Bartadoi Anttoua St Lucia. Montt«rrjl. Guayana via Kmfjlori aaaiiTiTi —rr AUSTRALIA CONTAINER SERVICE ZIM KAOHSIUNG 11/3 ZIM VENEZIA 17/3
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      Page 30 Advertisements Column 3
      324 30 I MANOLOCVERETT ROSEEVERETT JOHNEVERETT P. Kelang* Singapore Gdn K2O/3I 15/lCMar 2V2« Mar LOADING FOR CHITTAGONG, MONGLA (CHALNA) ANO CALCUTTA#, ALSO ACCEPTING CONTAINERS TO CHITTAGONG ANO CALCUTTA# Singapore P. Ktiang* Penang* MURRAYEVERETT 1/10 Mar THOMASEVERETT 20/21 Mar HUGHEVERETT 22/24 Mar 2W27 Mar PREFERENTIAL BERTH IN CALCUTTA AT KPO CALL SUBJECT TO
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      255 31 Seabrfctafc mimUBHTAI I MC4 w INTERCONTINENTAL LINES JEURO AFGHAN/IRANjIRAQ SERVICES SEJBRIOGE EUROPE i SCANDINAVIAN SERVICES WEEKLY FCLJLCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG JOHORE aanusnA SEABROIGE FAR EAST. VIETNAM CHINA SERVICES SINGAPORE WEEKLY FCL/LCL GROUPAGE FROM •ORE PORT KELANG PENANG JOHORE MW.JKT.NK6.nM.HCN, CITY, MMA SUSAN. AUST, FIJI, N. OA LANO,
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      Page 31 Advertisements Column 2
      172 31 Consolidation Service VIETNAM SIN: 7/3 HOCHIMINH PACIFIC ISLANDS SIN: 23/3 NOUMEA/PT VILA/SUVA/PAP£ETE MAURITIUS REUNION ISLANDS SIN: 12/3, 30/3 PORT LOUIS/REUNION TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CON AKRY/MATAOI/LUANOA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ BANGUI/KINSHASA TTA Freight Pte Ltd Tel: *****55 TLX RS ***** INTERTEAM ■tt f.>T a .:r iJ.ra LCL
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      Page 31 Advertisements Column 3
      621 31 I SH»WMG TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE FOR BOOKING i ENQUIRIES. PLEASE CONTACT:SMQAPOftt TIL: 737*713 (4 UNC3) TLX: 3Mlf SKHTT PAX: TOW J. BAMRU TIL; (07)2M«I, »M», FAJL 140*23 K. LUMPUR TIL; (03IM4MU M47US TLX: HA UM SKKMKL PAX; M«771« •ANOKOK TIL; «»)23M4M57 PAX: *****20 ETA SINGAPORE PORT KELANG
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      Page 31 Advertisements Column 4
      492 31 tt* glory NAVIGATION GROUP i^'iii.iiru.nj.iiT? TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SP PKI PMC BLW KAOH GLORY SELATAN V Vo* 107 12/3 14/3 GLORY SELATAN VII Voy 57 Xfl N/2 GLORY SELATAN VIII Voy 12/3 GLORY SELATAN IX Voy 17 14/3 6 VESSELS OF
      492 words
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      Page 31 Advertisements Column 5
      450 31 PTC CONTAINER LINES FCt ICI SEfIWtCE fC GOOJP SIN FMIAIT 5/3 KEELUNG/KAOHSIUNG 8/3 BANGKOK 5/3 MANILA 11/3 JAKARTA 11/3 PORT KELANG/PENANG 9/3 BUSAN 7/3 TOKYO/YOKO/KOBE 8/3 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fujhou/ Xiamen/Xingang/Shanghai SIN EUROPE UK 5/3 RDM/HAM/ANT/LE HAVRE/GENOA 5/3 LDN/FLX/LVP/SOU SW Htk/CUUM 12/3 L.A./NYC/SFO 9/3 VANCOUVER/TORONTO/MONTREAL 1 m
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      Page 32 Advertisements Column 1
      432 32 ff/Hai Sun Hup Co (Pte) Ltd *P.L :J0»')06 (20 Lines, tlx MS ***** .4 RS 206^2 H fc. I \N| IR\ < \K L l\L K I ID. STRUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! VOY. NO S'pore P. Kelang Ptnang TRONO SEKI ASIAN SEKI NAGOYA CLIPPER KOCHI
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      Page 32 Advertisements Column 2
      356 32 La r H l S S mCHO YANG LINE FAR EAST/EUROPE FULLY CONTAINERISED SERVICE SPORE w 28/3 3/4 Vl* STRAITS TRANSPORTATION PTE LTD TEL: *****22 (CHOYANG/FMG/CAVN) *****44 (WATERMAN) K I. TEL *****80. *****13/4 PK *****78/*****53 PENANG *****7/S WESTBOUND Aim accmtin* for Inland UK destinations Anhraro and Scandinavian ooctv CHOYANC SUCCESS
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      Page 32 Advertisements Column 3
      334 32 l£ m} P.T. MASKAPAI PKLAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA BCRVICC THAILAND SERVICE VOY
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      Page 32 Advertisements Column 4
      642 32 Em IZj&Z r~ %J?CALL US AT: P KELANG PENANG J. BAHRU P GUDANG SINGAPORE I K. LUMPUR *****53/*****11 04 *****2/4. *****3 07 *****8 07-*****3. *****5. *****0. *****1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE REGULAR FAR EAST/MEDITERRANEAN CONTAINER SERVICE TO MEDITERRANEAN FEEDER B. BUTANC S2S BUTANC U1 FROM: MEDITERRANEAN
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