The Business Times, 13 February 1990

Total Pages: 36
1 36 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 170/12/89 TUESDAY, FEBRUARY 13, 1990 75 CENTS
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  • FINANCIAL NEWS SUMMARY
    • 30 1 AFP WALL STREET opened lower yesterday, with the Oow Jones index of 30 leading industrials (ailing 5.18 points to 2.643.02 five minutes after the start of trading. AFP
      AFP  -  30 words
    • 63 1 AP LONOON share prices fell sharply in morning trading yesterday, with dealers attributing a large portion of the losses to a markdown by market makers rather than concerted selling pressure. At 1210 GMT, the FTSE 100share index was 15.6 points, 0.6 per cent, lower at 2,298.0, down from
      AP  -  63 words
    • 42 1 Monday ST Industrials Index (+12.25) BT-MGA Index 809.96 5.32) NST Industrial Index 3,118.82 23.60) HK Hang Seng Index 2,894.66 0^6) Tokyo Nickel Average Qosed Sydney All-Ordinaries 1,622.5 (-8.2 Friday New York (Dow Jones) 2,648.20( 3.83 London (FT 30 Index) 1,830.7(-17.4)
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    • 10 1 US$1 1.*****M S$ 1.8610 US$1.6970 M$. S $0.6880
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    • 17 1 Euro-$ (Mar) 91.68 DM (Mar) 0-5993 Yen (Mar) 0.*****9 Pound (Mar) 1.6880 Nfckel Index (Mar) 37,585
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    • 11 1 S'pore (buyer's quote) US$4 0.40) London (Morning fix US$415.50(3.20
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    • 10 1 S'pore February 160.50 cents/kg 0.25) M'sla February 230.50Mcts/kg 0.50
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    • 8 1 16.64 M$/kg (unch Turnover. 48 (-19
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    • 15 1 Tumoveri 1,470lots( 6 Feb M$645/tome (-7 Mar M$651 /tonne (-14 Apr M$656/tonne (-9
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    • 10 1 6.48 (average of 12 major banks' PLlts)
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    • 28 1 THE overnight rate on the Singapore money market remained unchanged while the short-term rates fell by 1/16 across the board to 6 1/4 per cent yesterday.
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  • 236 1 GAINS were made in most regional markets yesterday, with Australia being the exception. The Singapore market ended the day with another record high on selective buying of blue chips. The Straits Times Industrials Index rose 12.25 points to 1593.77, while the Business Times
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  • 122 1 Bernama THE MALAYSIAN Investors' Association has suggested that Malaysia should set up an over-the-counter (OTC) market tor foreign shares as local investors are holding a substantial amount of foreign shares, which it estimated at over Ms4o billion. "Substantial holdings of foreign stocks could
    Bernama  -  122 words
  • 494 1  -  PARTNERS FOR TUAS PROJECT TIBS, DBS LAND, JTC By YONG POW ANG NATIONAL Iron and Steel Mills (NISM) has teamed up with Trans-Island Bus Services (Tibs), DBS Land, and Jurong Town Corporation (JTC) to develop Singapore's first marina at Tuas.
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  • 303 1 AP THE SOVIET UNION is establishing five Joint ventures with Mslaysian companiee in trade, manufacturing and technology, Konstantin Peskov, the Soviet trade commissioner in Malaysia, said yesterday. Mr Peskov told a news conference in Kuala Lumpur that one of the ventures already
    AP  -  303 words
  • 232 1 AFP KUWAIT has called for Opec's oil-production quota system to be scrapped as soon as possible, saying it is no longer relevant for price stability in the face of fastgrowing demand. Kuwaiti Oil Minister Sheikh All al-Khalifa, interviewed yesterday in the Nico-sia-based
    AFP  -  232 words
  • 541 1  -  CONTRIBUTION CEILING TO TAKE RETROACTIVE EFFECT By ROSIE TAN THE RECENT RULING to limit compulsory contributions to the Central Provident Fund from Jan 1 will have to take retroactive effect as relevant amendments to the CPF Act are still pending. Although the CPF has not
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  • 672 1  -  By ABDUL HADHI PENTEX-SCHWEIZER Circuits Ltd, a company engaged in the manufacture and sale of doublesided printed circuit boarde, ia offering 10.9 million new sharee for sale at $1.16 each as a prelude to a listing on the main board of the Stock
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  • 61 1 AFP JAPANESE Prime Ministsr Tost**! ki Kaifu yesterday criticised US Congressmen for seeking to las*. what they call Japan's unfair! trade practices. "I understand there ere varK ous kinds of argument in the United Statee but we cannot aocept negotiations bent on unilateral punitive meaauree," Mr Kaifu
    AFP  -  61 words
  • Page 1 Advertisements
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    • 232 1 Full report, PAGE 14 Regional mkts, PAGE 16 f I v COMPANY SERVICES news 10 4 l V-v lI I k I I k I I I Cold Storage group Asian Market 12 M profit rises 14pc in first Commodities 13 Editorial Comment 8 US-Soviet Has 4 h <*' Giving
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    • 68 1 AER#SMCE'9O COUNTDOWN to the airshow: Asian Aerospace '90 begins tomorrow. Turn to Page 2 for reports on related conferences held yesterday. And look out for our special Asian Aerospace '90 supplement free with your copy of BT tomorrow. > (artier a I mu/t" d? Curlier Boutique/ SINGAPORE *01 36. Lucky
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    • 7 1 Nikon The Woric s Finest Photographic Sys'eTi
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  • ASIAN AEROSPACE '90
    • 493 2 AGAINST the backdrop of a travai boom in tha Asia-Pacific region, Singapore Airlines deputy chairman Lim Chin Beng yesterday gave a sobering reminder of how vulnerable the fortunes of the travel industry can be. Pointing to the effect of the Tiananmen
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    • 247 2 McDonnell douglas, which is competing against Boeing to bag a contract to build ISO aircraft with China, also sses ths possibility of future cooperation with Singapore, ssid Gareth Chang, president of McDonnell Douglss Pacific and Asis Ltd. In an interview with BT yeeterday, the Hongkong-based
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    • 371 2 ONE consequence of the aerospace industry going global is the need for common standards lor aircraft certification and maintenance, which is reflected in the European dream of forming a joint aviation authority to achieve uniformity in certification, licenaing and maintenance. Theae were the
      371 words
    • 233 2 A JOINT working group to tackle the problems of air transport congestion in the Asia-Pacific will be formed, it was decided at a meeting of the International Air Transport Association (lATA) task force in Singapore last weekend. The task force on
      233 words
    • 433 2  -  All fporte by HARISH MEHTA, WALTON MORAIS AUSTRALIA haa called tor a dialogue with Aaean and Southeaat Asian countriea aimed at atrengthening regional aecurity in reaponae to a likely winding down of the US military preaence in the region and the military build-upa in India
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    • 300 2 JAPAN'S military forces are suffering from inadequate ammunition. its air force has insufficient missiles and its fighting capability and readiness are below the necessary levels, an expert said at a conference here yesterday. Marvin Duke, director of The Asian Council based in
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    • 319 2 THE international air cargo industry could experience a shakeout in time, leaving only "four to six major competitors", a speaker at the Air Freight Asia '90 Conference said yesterday. This will come sbout through a series of continuing mergers and acquisitions, said Federsl Express Corporation
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    • 329 2 ASIA-PACIFIC AIRLINES, which are forecast to buy 1,800 new planee worth about US$l34 billion by the year 2005, will need to raise money from the financial markets, said a Boeing official yesterday. This will change their lending patterns vastly. Kim Cheung, Boeing Commercial
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    • 316 2 INDONESIA and Pakistan are responding to India's defencs build-up by being spurred into a regional arms race. Gregory Copley, editor-in-chief of Defense and Foreign Affairs. s magazine based in Virginis, US. said that Indonssis and Malaysis were slready embarking upon plana to build
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  • HOME NEWS
    • 326 2  -  By JAYARAM MENON EXPRESS COURIER company DHL has sat its sights on increasing its share of the booming axprass package deli vary market by forging closer links with local freight forwarders. "We intend to increase the package delivery
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    • 165 2 AIR SERVICES between Singapore and the exotic Indian Ocean Republic of Madsgsscsr could begin from next year. Madagascar has become the 72nd country to conclude sn air services sgreement with Singapore. Under the agreement, the designated airlines of both countries msy operste air
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  • Page 2 Advertisements
    • 95 2 mlalie'M BEETHOVEN MUSIC HOUSE Beethoven Music House, a well established music retailer in Singapore is for sale. Located in one of Singapore's most prestigious shopping centres, Centrepoint, Beethoven Music House occupies 1,033 sq ft and carries the well-earned reputation for the widest range of compact discs available. This is a
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  • Page 2 Miscellaneous
    • 159 2 Global temperatures snd weather ferecaat •or Fab 13 OUTLOOK: WMy, «Mh City. IteJL/ Nots eowrt, oror hMos pdv Ab«r<to«n 04/-3 Sho—ri H 7.30pm m Fob 12 a» Amsterdam 07/03 Rainy «w ■hparSi ASwns 11 /06 Show*n H— I—p StJS Auckland 26/16 Showers A—PC hawMS| S> ftangkok 35/25 Pah Mb« 01/-3
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  • REGIONAL BUSINESS & POLITICS
    • 507 3 Reuter EIINA plans to establish a giant tional vehicle corporation to develop the industry, the official New China News Agency said. Machine Building and Electronics Industry Minister He Guangyuan told a conference on Sunday that China's car industry
      Reuter  -  507 words
    • 191 3 Reuter CHINA'S imports fell by 12.6 per cent in January on a year-on-year basis leading to a trade surplus for the month, officisl customs figures showed. The decline in imports followed a government drive to slssh purchases of consumer durabios Imports totalled U552.56 billion
      Reuter  -  191 words
    • 144 3 Reuter HONGKONG'S external trade in Oecember 1989 decreased three per cent by value to HK596.95 billion compared with December the previous year, Census and Statistics Department figures show. It did not give figures for December 1968. Domestic exports fell six per cent to
      Reuter  -  144 words
    • 130 3 Bernama SABAH Foundation director Datuk Or Jeffrey Kitingan pleaded not guilty in the High Court in Kota Kinabalu yesterday to seven counts of corruption involving more than Msl million. The case was transferred to the High Court from the Sessions Court on
      Bernama  -  130 words
    • 242 3 THE STABILITY of Indonesia's foreign exchange reserves has built up public confidence that the government will not devalue the rupiah in the near future, a former finance minister said in Jakarta last week. Frans Seda, who is now a businessman,
      242 words
    • 334 3 Reuter THE US wants to retain its big military bases in the Philippines but only under terms acceptable to Washington, Defence Secretary Dick Cheney said on Sunday. "Obviously, we are interested in renewing the base rights agreement," he said. "It hss to
      Reuter  -  334 words
    • 537 3 Plans to make bourse attractive source of capital THE SECURITIES Exchange of Thailand (SET) is to revive its Securities Finance Corporation (SFC) plan, one of its long term measures that will help to develop the capital market by supporting investment expansion of small snd
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    • 222 3 PT SUCOFINDO, Indonesia's state-owned aurveying company haa suggeeted that the government maintain its system of export end import inspection stipulated by its 1006 deragulatory measure on ahipping. under which impaction ia conducted by a Swiss company. The Jakarta Post reported on Friday. "The
      222 words
    • 347 3 THAI Prime Minister Chatichai Choonhaven will decide whether to overhaul tha coalition Cabinat by replacing tha Democrat Party with tha oppoeWon Prachakom Thai Party thia week, highlyplaced sources told The Nation at the weekend. The aourcea aaid the premier's decision
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    • 412 3 MBT TIOXIDE (M) Sdn Bhd. an associate company of tha UK-baaed Tioxide Group, ia willing to offer the Trengganu state government equity in its Ms4oo million titanium dioxide plant in tha Eaat Coast state. Chief executive and managing director Mizanur Rahman Ghani aaid although
      MBT  -  412 words
  • Page 3 Advertisements
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      153 words
    • 60 3 I I International B^ Hi-technology Jk Show j^M The power innovation H^pp CACVCAM/CAE Br II I im Robots Meters Instruments J£y> Aircraft Telecommunications ?R£ wi Electro-optics OgrtT. Sponsor DOOM 4. MX /MUtmsWU MX CMB K^^HJH Vknur. TWTC EXHBTDON HALL K WB 5 Hsmyi Road. Section Tup* *****, Taiwan V^^Hflfl RapuMc
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  • WORLD BUSINESS & POLITICS
    • 501 4 Reuter THE US and the Soviet Union were scheduled to open talks in Washington yeeterday on a joint trade pact that may yield few quick economic gains but could provide a major show of US support tor the reforms of
      Reuter  -  501 words
    • 268 4 Reuter THE SECRETARY GENERAL of the Organisation for Economic Cooperation and Development foresees three Eastern European countries Joining the 24-nation group if the pace of economic reforms picks up. according to Newswotk magazine. Jean-Claude Paye, head of the Paria-baaed organiaation
      Reuter  -  268 words
    • 269 4 Reuter SOVIET LEADER Mikhail Gorbachev has a 43 par cant popularity rating but only 22 par cant of Soviat citizens completely trust the ruling communist party, a Soviet magazine, Ogonyok, says. It has published the results of a nationwide poll by the AllUnion Centre for
      Reuter  -  269 words
    • 400 4 Reuter THE RAPID CHANGES in Eastern Europe, eapecially surprise proposals for German monetary union, were expected to dominate the first meeting of European Community finance ministers this year. German monetary union was not formally on the agenda of the one-day meeting
      Reuter  -  400 words
    • 293 4 Reuter THE WEST GERMAN MARK would roll like a tank over East Germany's economy if the two states merged their currencies, the Soviet Communist Party daily Pravda said last Sunday while acknowledging that the ailing economy badly needed treatment "West
      Reuter  -  293 words
    • 155 4 Reuter WEST GERMAN industry may not have sufficient capacity to meet the booming demand for its goods in the next few months, according to a study by the Mu-nich-based Ifo research institute. The report by Ifo, one of West Germany's five leading research
      Reuter  -  155 words
    • 234 4 NYT DIGITAL EQUIPMENT CORP was set to announce yesterday a joint venture to create a Hungarian unit to sell and service its computers. Digital officials said the company would invest several million dollars in the subsidiary, to be known as Digital Equipment (Hungary)
      NYT  -  234 words
    • 409 4 AP JAPANESE Prime Minister Toehiki Kaifu warned a crowd of supporters last Sunday that the country's future as a democracy not just seats in the Parliament will be at stake when voters go to the polls next week. Addressing
      AP  -  409 words
    • 252 4 Reuter GROWTH in British retail sales picked up last month, but ths improvement in sales volume is not expected to persist in February, according to the Confederation of British Industry (CBI) in a monthly survey of retailers. "Consumers may have
      Reuter  -  252 words
    • 355 4 AP MEASURES to protect the environment should not Isad to unfair trading practices which jeopsrdiss worldwide economic growth, ssid s high-lsvsl panel of experts in Amsterdam last Sunday. "There is no doubt thst It Is totally irresponsible to further postpone forceful meesuree" to
      AP  -  355 words
    • 297 4 AFP NEPAL is hoping that India's recent change of government will lead to a rapid improvement in relations with its giant neighbour after a partial trade blockade of nearly a year. "We had a very meaningful start of dialogue." Nepalese Foreign Minister
      AFP  -  297 words
    • 138 4 AFP PILOTS have bMn ordered to pay A 56.6 million (UB$4J million) in compeneabon to Australia's four domaetlc eirlinea for loaaaa incurred during action laat year which crippled the country's air industry. Justice Robert Brooking in the Victorian Supreme Court yeeterday ruled
      AFP  -  138 words
    • 1146 4 Opimoi ARRIVALS Sank* Local From POX PM065 GU GA990 JAL JL711 sa soon UAL UAMI UAL UA097 KAL KE697 NCA KZ205 JAL JL6I7 QPA QP717 SU SQ409 SU SQ029 MAS mtKKO SVA SV39t SU SQ417 MAS MH651 MAS MH630 ACA ACMt SU SQ103 CAL (3672 CPA CX710
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  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • 71 4 Doonesbury by garry trudeau 153 Rp^* T AND TOPAi TM P EVBS RBAPI6R THAN I BZWJR FIRST I 66C55 I WEIL, NOT tS IMMTHEN. I'VEdEEN I ACT IN OFFICZ IF I IV/N- I ME P&SONAUX. 7 BONING UP, REAPING STUFF. I eomhING UJERB I VAPG I INUAP&f BUTIV& £5? that
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  • Page 5 Advertisements
    • 158 5 Vj> K j Bl mm ik H A *jiiP 'j'liij 'i; *8S HI TEAM WORK BETWEEN 4 EUROPEAN COUNTRIES AND ASIA'S MAJOR AIRLINES ASSURES EFFICIENCY ON THE GROUND AND RELIABILITY IN THE AIR. Airbus is the supreme example of what international COOPERATION CAN ACHIEVE. WITH THE EXISTING FAMILY OF STATE-OF-THE-ART
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  • FOCUS
    • 889 6 South Africa: The freeing of Nelson Mandela Bankers and businessmen responded both positively and negatively on Sunday to the release of Nelson Mandela While some felt that there would be little renewed foreign investment in South Africa and that sanctions would not immediately be lifted,
      Reuter  -  889 words
    • 562 6 Reuter AMERICAN BUSINESS ia in no ruah to return to South Africa and will look on newly-freed black nationalist Nelson Mandela as a touchstone for determining when and if to re-inveet there, economists and analysts say. "A great deal not only depends on the government
      Reuter  -  562 words
    • 601 6 Reuter THE RELEASE of Neleon Mandela is a high-etakee gamble by President FW de Klerk for a double payout gMng voteiees blacks a say in government while aseuring the rights of South Africa's whits minority. "We must view this as an important
      Reuter  -  601 words
  • Page 6 Advertisements
    • 130 6 EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots in the dark.
      130 words

  • Page 7 Advertisements
    • 219 7 MY COLLEAGUES CAN SELL YEN AGAINST MARKS AND MAKE DOLLARS. *~v- >^' «®'V'®' .S->>? i.- J.-. J -7''rSfrt »A*.- jM—Mfcti < i ■■f sffir ■P# vjif V' '*i&i&% i!S£ B If Jig j r^j irßryji'it'liff >« r ■ysn, -v:;I'l■ iMp <*„ *-iv I S B kh> *L|j .II |t I
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  • PERSPECTIVE
    • 469 8 WE KNOW about revolutions; we know about irony. Last week, the two came together in the Soviet Union or, more specifically, in the chamber where the Communist Party's Central Committee held its plenary session. In Can the Bolsheviks Retain State Power?, VI Lenin had described the
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    • 1235 8 Research and development puts a company in the vanguard, a truism not lost on many Singapore firms today. But, often, the notion that it is the preserve of the the big boys is increasingly debunked, especially in America. Instead, corporate Lilliputians are raising more
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    • 775 8 OF ALTERED STATES AND FALTERING FAITH Reuter RED TAPE and hostile public opinion are hindering Europe's progress in biotechnology to such a degree that its geneticengineering firms are moving overseas. Emotions run so high that last year, biotech research facilities in West Germany were firebombed
      Reuter  -  775 words
    • 2996 9 Gorbachev stirring a potent Russian spirit The Soviet Union is being pushed towards the most dramatic change in its system of government since 1917. What does history say of Mikhail Gorbachev's chances of success? The Economist THE YEAR is 1923. Lenin lies dying. Communist power in Hungary and attempts to
      The Economist  -  2,996 words
    • 1000 9 NYT MOSCOW may have embraced the changes sweeping Eastern Europe, but Vietnam's leaders are sticking to the old-time religion, at least for now. There is no question that the Soviet party's decision to abandon its absolute political dominance, at least in principle, has come as
      NYT  -  1,000 words
    • REGIONAL VIEWPOINTS
      • 334 9 INDONESIA TWO MEMBERS of the Cabinet, Minister of Foreign Affairs Ali Alatas and Minister of the State Secretariat Murdiono, in meetings with the House of Representatives last week, gave sharper focus to the matter of the normalisation of diplomatic relations between Indonesia and China. Bilateral relations
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      • 273 9 SOVIET UNION SOVIET PRESIDENT Mikhail Gorbachev has been reported to be accelerating the process of demonetisation in the Soviet Union. In what has been officially described as a history-making session of the ruling Communist Psrty's centre! committee in Moscow, Mr Gorbachev has presented his
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      • 192 9 Our weekly summary of what regional publications have to say about Issues of International Interest THAILAND SO PRIME MINISTER Chatichai eventually fulfilled his wish yesterday when he rammed through Cabinet the appointment of his personal choice. Anand Anantakoon, as the permanent secretary of the Interior
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      • 237 9 HONGKONG THE EXECUTIVE COUNCIL sent a wrong message to the public and the civil service rank-and-file this week when it approved substantial pay increases for 1,100 government senior officials for the second time in one fiscal year. It will provoke envy and resentment
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  • Page 8 Advertisements
    • 110 8 FOR THE VIEWS OF FINANCIAL EXPERTS exchange rates affect your business. BANKING FINANCE brings to you the views of experts in Singapore as well the other financial centres, from Hongkong and Tokyo to London and New York, on a sector which is getting more unpredictable and volatile. Find out how
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  • COMPANIES & MARKETS
    • TAKING STOCK...
      • 608 10 ir MOCK IIOCK mm THE COMPLEX Cold StorageFraser and Neave scheme appears to gone down well with investors. Yesterday, the main counters involved in the restructuring came in for a bout of re-rat-ing. Cold Storage Holdings and Centrepoint Properties,
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    • 514 10 wm Bernama DMIB BHD's turnover is expected to reach Ms29o million and $330 million respectively for the 1990 and 1991 financial years, BBMB Securities Sdn Bhd has forecast. In its latest weekly issue of "Market Update", the securities firm said the DMIB group was expected
      Bernama  -  514 words
    • 261 10 Bernama GEORGE KENT (Malaysia) Bhd hat secured separate contracts worth about MSIBO million in the water supply, oil and gas and electricity sectors. "This achievement is a milestone in the development of George Kent and will bring the company to a different dimension of
      Bernama  -  261 words
    • 607 10 Reuter MALAYSIAN BROKERS have never had it so good as in the current stockmarket boom, but many are not able to keep up the pace set by the bull market. Analysts say clients are being turned away and scrip
      Reuter  -  607 words
    • 418 10  -  By ANDREA BORCH CENTREPOINT PROPERTIES Ltd. a player in the Cold Storage Holdings (CSH) restructuring, has reported a 31.6 per cent increase in group after-tax profit for the six months ended Dec 31. The group, a CSH subsidiary, reported a poet-tax figure of
      418 words
    • 272 10 QENTINQ BHO will record an extraordinary gain of around M 55.42 million at the company level from its sale of the entire issued and paid-up capital of Sabah Development Company (SOC), it said. Responding to a KLSE query about the sale. Genting added that it would not record
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    • 569 10  -  After-tax figure hits $10.55 m on higher turnover By ANDREA BORCH FOOD GROUP Cold Storage Holdings Ltd, which is undergoing a major restructuring, has reported group profit after tax and minorities, but before extraordinary items, of $10.56 million for the six
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  • Page 10 Advertisements
    • 117 10 -7 y* Australia as an area of potential for business and rWr* iJ trade possibilities, the Department of Trade Development of Western Australia is organising a series of 7-day fully%(ikrferrp T^mftoz/fO' il v conducted business Investment Tours. Highlights of the tour include presentations on the Business Migration Programme and Education
      117 words
    • 85 10 32 Pandan Rood, Singapore "Known as Ming Village" j i Premises with showroom, plant, machinery, equipment ond facilities for the manufacture and sale of porcelain, pottery, handicraft works etc. together wtih existing stocks, raw materials etc. Leasehold from Jurong Town Corporation for 30 years 30 years w.e.f. Ist July 1981
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  • BANKING AND FINANCE
    • 189 11 BRITISH-BASED Commercial Union Assurance group has set up a new company In Singapore to provide management services for insurance companies and brokers. The new entity is a joint venture between UK's Commercial Union Assurance Company pic and the Commercial Union Assurance Company
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    • 329 11 Reuter MAJOR STATE-OWNED banks in Taiwan, faced with a credit crunch, are putting new loans on hold because depositors have been slow in returning cash into the banking system. Bank officials yesterday said that state-owned First Commercial Bank, Chang Hwa Commercial Bank
      Reuter  -  329 words
    • 467 11 Reuter ARAB Banking Corporation, the Arab world's largest bank, said it would become the first Gulf-based firm to offer its shares to foreign investors on the open market. ABC President Abdullah Saudi told reporters the bank would transfer its entire 1989
      Reuter  -  467 words
    • 444 11  -  New products include 'unit-linked' policy By DEXTER LEE THE PRUDENTIAL Corporation of United Kingdom, one of the largest life insurance companies in the world, will use Singapore as the springboard for its expansion plans in the Asia-Pacific. Visiting chief executive Sir Brian Corby told
      444 words
    • 360 11 Bernama THE VOLUME of trading in Malaysian money market papers, including treasury bills and Cagamas bonds, has more than doubled within a month of the launching ot the Speeds. Bank Negara'■ electronic funds and securities transfer system. The assistant general manager (treasury
      Bernama  -  360 words
  • Page 11 Advertisements
    • 206 11 ASSURANCE xercise your wit and win 6 bottles of Pommery French Champagne. f "Taking Cover" Simply write an appropriate I Cartoon Caption Contest caption to the cartoon -v and post it to: l, The Business Times I J Commercial Union 33?vMfoy"i "Taking Cover" I i% KjP > I Cartoon Caption
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    • 305 11 V k' .1 --J# > -<-v% £*>-' J v V- 5 a mm 1 r/V) rA r 1 Chances are that right now you yw -\J have your offices in the city, your shows' I I -4 s room downtown and your warehouse c 'y, W- m somewhere in Jurong.
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  • MONEY AND EXCHANGES
    • 1046 12 SINGAPORE: The dollar closed steady against the mark and slightly easier against the yen yesterday but trading was extremely quiet due to a market holiday in Japan and dealers were generally bearish for the dollar. "We expect to see a lower dollar against the mark and yen this
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    • 120 12 Reuter ANALYSTS noted that euphoria over the prospect of -new markets in the Soviet Union and Eastern Europe boosting an already robust West German economy has faded a bit. After a firm opening, the Canadian dollar lost ground when Canadian Prime Minister Brian Mulroney said Canadian interest rates will
      Reuter  -  120 words
    • 227 12 Rotes as at 3pm yesterday: CvrrandM ntm* Iw—wlw MO <*«« p«%' ■■> <*»■ Local doilors to on* unit of foreign currancyt Avttrollan doMar 1.4013 ***** ***** -59.13 1 3920 1.4120 Canadian doNor 1-5500 1-5530 3.4206 -54.66 .5370 .5570 NZ dollar 1.1054 1.1079 3.4206 l"?TS VI^S Strung pound 3.1553
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    • 565 12 Reuter SIMEX Eurodollar futures closed slightly higher on short-covering and position adjustments in moderately active trade yesterday, ahead of today's release of January US retail sales data. March closed at 91.68 against Chicago's settlement of 91.66 and June at 91.67 against 91.64. Around 5.365 lots were traded. In Eurodollar
      Reuter  -  565 words
    • 246 12 ASIAN dollar deposit rates closed stsady to slightly lower in quiet trading yesterday, pertly due to the rise in US bond prices. The overnight rate closed unchanged at Friday's level while week-fixed were slightly down st 8-1/4 8-1/8 pet against 8-5/18 8-3/18 pet on Friday. One and
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    • 95 12 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OFFER MGH LOW 3 months RQ*****N 1005.90 1.60 1.55 1.40 048 1 y*ar 8Y*****Z 18.10.90 2.85 2.80 2.93 1.70 Government notes end bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate MO OFFER MGH LOW 2
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    • 52 12 THE overnight rate on the Singapore money market remained unchanged while the short-term rates fell by 1/16 acroea the board to 6 1/4 per cent yesterday. S$ Interbonk rotes at ttw dot* y*st*rdayt orm ho Ow. 1 2 3/4 l-Mh 1/4 1/1 a-MMh «1/4 3-m* 1/4 l/« OniidtfN
      52 words
    • 162 12 iTiSjoTbM*TSi S'pora Interbank market rata* (offer/bid) on Fab 12 US$ DM SWFC Y«n 7 tmyt IVM-IVI* III/lt-M IVW 3 1/3 3 1/4 11/1* «/l* la* 3 1/4 3 1/3 IS 1/3 IS 3/3 1/4 f f/l* 7/14 4 1/4 4 3 a* 3 3/3 3 1/4 15
      162 words
    • 1095 12 CURRENCY FUTURES OPTIONS IMM Friday, Ftbruory 9, 1990 BRITISH POUND tM.—; eon* por t Mm NM Mar-c J— Mf Mar p Jm p 1*25 J. 90 4.14 0404 0.20 iTl 1440 3.40 444 4J] 0.004 04* 340 1*73 0 90 2.34 3.40 0.004 1,40 3.10 1700 0j004 1.24 2.30
      1,095 words
  • Page 12 Advertisements
    • 626 12 CENTREPOINT PROPERTIES LTD (Incorporated in Singapore) The Directors announce the unaudited results for the six months ended 31st December 1989 as follows THE GROUP THE COMPANY 1989 1988 Change 1989 1988 Change $'000 $'000 $'000 $'000 TURNOVER 9,829 8,409 +16.9 858 1.109 -22.6 PROFIT BEFORE TAXATION 7,926 6.443 +23.0 2,642
      626 words

  • COMMODITIES
    • 521 13 Stocks piling up fast on LME TIN STOCKS have been piling up fast on the London Metal Exchange (LME), and there are no signs of a reversal in the trend. Sources say prices are expected to remain bearish for many weeks. LME tin stocks
      521 words
    • 323 13 Reuter THE price of gold te at a critical junction and the market could turn negative, with the potential for a whopping US$2O correction, analysts said. "Gold is heavy in tone and traders are finding that it takes less pressure
      Reuter  -  323 words
    • 419 13 Reuter SMALLER trade houses are finding the going tough in an oversupplied world cocoa market that is being increasingly dominated by a handful of big players. When a leading commodity house, E D and F Man, announced in early February that it
      Reuter  -  419 words
    • 260 13 HONGKONG: Gold closed slightly easier in moderate trade yesterday on selling by Australian and US traders. "Taiwan and local physical demand at around US$4l5 slowed the downward movement of the metal prices in late trade," a dealer with local trading house said. "The market was basically very quiet
      260 words
    • 138 13 Telerate FUEL oil indications remained unchanged in Singapore market. Fundamentals were stable with ample supplies of CST3BO seen spread between CSTIBO and CST3BO continued to widen. Taiwan ought 1.8%S CSTIBO at $106 mt cif Taiwan in its recent tender. Bangladesh tendered to sell CSTIBO for March
      Telerate  -  138 words
    • 146 13 Reuter PRICES on Vie Kuala Lumpur Tin Market doaad easier In quiet trading yeeterday deeplte the steady London market on 'HWy Ow• 'wf MKI JrwtiU* hiaal mlnari a f|M mM< wnn rmiw ininvfi mv iwiy tor the 14* i day Lunar New Year celebration- the* aeld The price
      Reuter  -  146 words
    • 300 13 Reuter SINGAPORE: RUBBER prices closed quietly steady yesterday with March 1 RSS buyer quoted at 160.50 cents a kg. up 0.25 cent from Friday's close. Trading was quiet on thin volume ss most operators kept on the sidelines. Dealers said some speculative selling pared early gains in the afternoon
      Reuter  -  300 words
    • 337 13 RAS prices m s cm**** fo« m mm NOON CLOSE Buyon S*Mors 8uy*rs Sailors Int 1 RSS Prompt 139.00 160.00N 158.50 159.50 Int 1 RSS Mar 90 161.00 161.50 160.50 161XX) kit 1 RSS Apr 163.25 163.75 162.75 163.25 Int 2 RSS OP 153.50 155 JON 153.25
      337 words
    • 185 13 Chinese Product The Federal Agricultural Exchange Marketing Authority o- Oorfng prtem on FMnvory 12 Coconut oil (Mt/lOOfcfll Now drums 122.00 Coconut otl 2nd hand drums 116.00 Bulk FOB 78.00 Mk 107.00 OW drum FOB 93.00 Local In bulk 104.00 N w dfwm FOB 89 00 Copra (M$/100kg) C
      185 words
    • 368 13 Reuter Malaysian crude palm oH prices cloaed lower on light aelling, reflecting losses in palm oil futures and reserve of buyers due to an abeence of supportive fundamentala, dealers said. Export business remained sluggish, although India bought a total of 18,000 tonnes of RBD palm olein laat week.
      Reuter  -  368 words
    • 190 13 Reuter THE European Community's top farm official has voiced concern over aggresaive competition by the United States to export subsidised wheat. EC Farm Commissioner Ray MacSharry took the unusual step of issuing a statement laat Friday saying he was worried about the way Waahington
      Reuter  -  190 words
  • Page 13 Advertisements
    • 813 13 Cold Storage Holdings Ltd (Incorporated in Singapore) The Directors announce the unaudited results for the six months ended 31st December 1989 as foltows.THEGBOUP THE COMPANY 1980 1888 Cfctf* 1968 1988 Chan* rooc rooo wo w —X— TURNOVER 188,206 +178 PROFIT BEFORE TAXATION 17.188 +12* 9*87 12*74 -20.4 after crediting' (charging)
      813 words
  • Page 13 Miscellaneous
    • 24 13 OLLAR$ NON$EN$ "/■>' 1 J?. (~y»Kj i ».:••*.'-•MC "You want to start a business? Don't you know the age of the enterpreneur ended last Tuesday?"
      24 words

  • SES
    • 827 14  -  -By LIM MUI KHI THE SINGAPORE market continued its climb yesterday and touched a new high on selective buying of blue chips. The Straits Times Industrials Index finished 12.25 points up from last Friday's 1,581.52 to a record 1,593.77. The Business Times
      827 words
    • 247 14 Rises Tong Mong 253 +14.0% +31 Tat loo Bank 396 +13.8% +48 Tat Loo Bank A 380 +11.8% +40 Cold Storage H 488 8.0% +36 C«ntr*point 50* 300 +7.1% +20 Tat Lm Financo 229 +6.5% +14 Hal Sun Hup 20* 251 +5.5% +13 Gold Coin 214 +4.4% +9
      247 words
    • 231 14 Rises Goorgo Kont 50* 232 20.8% +40 Hoxza Corpn 50* 169 +16.6% +24 Pogl AAsia 120 +15.4% +16 KocfcSong 217 +11.9% +23 Johan HMgs 50* 90% +9.0% 7% Fabor Morfln 99% +8.2% +7% Polmco Hldgi 163 7.9% +12 Sol Drodg 50* 91 +7.7% +6% SH Hartomas 80% +7.3%
      231 words
  • SES SHARE INFORMATION
    • 3249 14 company *2, cm hJTL. 5® gg "£S SECTION TWO INDUSTRIAL COMMERCIAL 200 ISO 1142 Alax Hldgs 50« 166 123 6 0 2 9 1.0 29.5 33.0 182* 56 t 1160 Inno-Pacittc 139 >4 IS 139 136 137 136 1 5 S.7 1.1 240 63 0 1156 IntWood 76
      3,249 words
    • 1362 15 Or*a Qr*a 1969/90 To! Last Vol Day Laat Quota ON W» VTd [jjj M 5"*f! High Low Codo Company Sala +or- fOOO) High Low Buyor Mar Cvr FEB 12 HOMO KONO STOCKS a !2! S2S1S2. a° 1218 Hutchinson 1738 Hysan Oav I...----* 1217 Jardina M 1237 Swira P»c
      1,362 words
    • 259 15 179* 80* t 4000 AmtekEnfl20* 143 +2 50 43 140 141 143 6 0N 8.6 OS 8.1 2 180 70% 4000 Fuji OflMt 20* 113 unch 23 114 113 113 115 10 0N 4 6 1.8 12.4 0 330 138 4001 OB HWg« 10* 300 unch 5 3°° 300
      259 words
    • 247 15 8000 ASK Computer 1975 1900 #001 Adolph Coors 1975 J25 3475 4837% 3475 6003 Apple Computer 3812VI 3400 347S 6005 Charming S 6007 Cipher Data 6010 Daisy Systems 900 6011 Dreedner Bank ***** tanl) l I 5000 5000 6012 Ericaaon Tel 5000 146 ***** 3860 2325 6013 Inlal Corpn
      247 words

  • KLSE
    • 3062 15 MBT THE Kuala Lumpur stock market closed broadly higher yesterday in thin trading. Prices opened easier but improved from midmorning on buying support. This slight uptrend continued into noon. Comparatively strong buying was noted in selected flnancials. In industrials. United Engineers (M). which had reached
      MBT  -  3,062 words
    • 289 15 Monogert' prkoi Royal Trust Asset Mgt for Feb 13 IT S'poro Gr fund I 125 1185 IT Ajio fOc Gr fund 1145 1 205 Singapore Unit Trust T»w Coaotici 133 1 40 OCBC-Asset Mgt TKa Savings fund 1.16 123 Sovor* Capital fund 1.19 I 24 S'poro frog fund
      289 words

  • REGIONAL MARKETS
    • 700 16 Reuter JAPAN'S power elite is still struggling to throw off the effects of the country's biggest post-war political scandal but the Recruit company which started it all appears to .have laid the past to rest. Recruit has defied expectations its business would suffer
      Reuter  -  700 words
    • 137 16 AFP AUSTRALIA'S embattled Bond Corp Holdings Ltd is solvent, executive director Peter Lucas said in Sydney on Sunday. Mr Lucas said in a television interview that, on the basis of information available to him. "At this point in time Bond Corp is solvent." "I have
      AFP  -  137 words
    • 97 16 Reuter P T ASTRA INTERNATIONAL, the holding company of Indonesia's second largest industrial group, plans to go public soon. An Astra spokesman said the final hearing for a listing will be held on Feb 20 but declined to give any details of
      Reuter  -  97 words
    • 233 16 Reuter THE HUNG YUAN Group, Taiwan's largest underground investment t&mpany, has resumed paying interest to some investors but cash Withdrawals remained frozen. Hung Yuan spokesman Liu Chi- wei said resumption of interest payments would show that the mul-tf-billion dollar company, which J seemed on
      Reuter  -  233 words
    • 479 16 Australia Reuter THE Australian sharemarket closed lower yesterday aa concern over the high debt levels of several companies continued to overhang the market The All Ordinaries index finished 8.2 points lower at 1,822.5. but off its early low of 1,818.5. The All Industrials index closed lower at
      Reuter  -  479 words
    • 253 16 Reuter FRANTIC trading on the Taiwan stock market sent turnover vaulting to a new high yesterday, but the index closed lower as financial stocks weakened. The weighted index fell 70.81 points, or 0.56 per cent, to close at 12.424.53 against Saturday's record 12.486.34 finish. Turnover soared to
      Reuter  -  253 words
    • 268 16 Reuter SEOUL stocks fell steadily yesterday in low trading volume on rumours the central bank would issue government bonds, reducing investor liquidity. The composite index cloeed at 867.05, shedding 6.54 points from the previous session. Turnover was 181 billion won compared with 117.8 billion on
      Reuter  -  268 words
    • 99 16 Reuter THE Jakarta stock index slipped 0.99 point to 457.85 yesterday, but turnover climbed to 1.74 million shares from 1.41 million on Friday, the exchange said. Yarn producer Tificorp rose sharply to 65,000 rupiah from the previous 61.025. with only 1.350 of its shares changing
      Reuter  -  99 words
    • 1151 16 Hongkong HONGKONG share prices were slightly firmer at the cloee yesterday after selective buying arrested an expected correction. The Hang Seng index rose just 0.76 to 2.894.66. "The market was much quieter (yesterday) than what we saw last week, many people were sidelined waiting for signs of
      1,151 words
    • 194 16 Reuter LEADING New Zealand share prices steadied in afternoon trade yesterday, but still closed on a 10month low after the Barclays index fell below 1,900 points in a morning session devoid of buyers. "It was not aggressively sold down, but there was a noticeable lack of
      Reuter  -  194 words
    • 254 16 Reuter EARLY gains on the Thai stock market were trimmed by late-session profit-taking across the board yesterday as Investors reduced their exposure in the face of political uncertainty, brokers said. They estimated that the composite SET Index lost 3.46 points to close at 801.93 in moderate trade.
      Reuter  -  254 words
    • 157 16 Reuter SELECTED blue chip* pulled the market up in a continuing rally and broker* expect trading to be more active with the listing of a new issue tomorThe Manila Stock Exchange composite index rose 6.88 points to cloee at 1,047.94. The combined volume at the two
      Reuter  -  157 words
    • 99 16 Reuter BOMBAY share prices yesterday recovered from a two-week slide to close broadly higher on hectic short covering anticipating a revival in institutional demand, brokers said. They said expectations of institutional buying roee after the presidents of India's major stock exchanges last week urged the government to
      Reuter  -  99 words
  • Page 16 Advertisements
    • 381 16 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Por Cheng Cheng of Blk 755 Yishun St 72, #09-238 Singapore (2776), have applied for a Beer House, Ist Class licence in respect of premises at M/s Hong Guan Eating House at Blk 215 Ang Mo Kio Ave 1 #01-877 Singapore (2056)
      381 words
    • 275 16 CORRIGENDUM Re: Liquor Licence notice of LOO AH KU published in the Business Times of 12.2.90. The applicant's address should read as Blk 92, Bedok North Ave 4, #02-1489. Singapore 1646 and not as published. NOTICE NOTICE IS HEREBY GIVEN that, I Kok Chong Yong of No 857, Woodlands Road
      275 words
    • 3 16 Management every Monday
      3 words
    • 10 16 The Tokyo market was closed for National Foundation Day yesterday.
      10 words
    • 68 16 Each Weekend... EXECUTIVE LIFESTYLE in a Place your Investment bets SZ\ IfcT f I for the Year of the Horse e Perettroika! Cutting a Soviet deal Building a corporate Image around the e The KIO In Singapore e Local cards win warm greetings e Those rich, high-tech toys that break
      68 words

  • INTERNATIONAL COMPANY NEWS
    • 109 17 HONGKONG Hongkong Index Monday 1.899 53 Friday 1.***** WMk ago 1.809.99 Hang Seng Index Monday 2.***** Friday 2.***** WMk ago 2.756 67 All Industrials Monday 2.5089 Friday 2.522 8 WMk ogo 2.594 0 NEW YORK Dow Jones Friday 2.***** Thursday 2.***** WMk ago 2.602 70 TOKYO Nikkei Average
      109 words
    • 351 17 Reuter, AP ZURICH: Swiss shares traded easier but stood above the day's low at mid-session yesterday. Volume was very light The all-share SPI index stood at 1,118.5, 8.6 points under Friday's close but above the day's low of 1,115.9. The SMI index of leading shares fell 15.5
      Reuter,; AP  -  351 words
    • 404 17 Reuter NORWEGIAN ENGINEERING firm A/S. which earlier announced almost doubled profits in 1989, is expecting even higher profits in 1990. The 1989 rise was helped by earnings from a recently acquired 50 per cent stake in forest machinery group, Kamyr
      Reuter  -  404 words
    • 407 17 SINGAPORE STOCKS LAST FULL YEAR C0mp0nr P d Urn* Indbig "taS lost r«y (WOOl ft M T Interim Jon 27 Jun 90 169.6 100-0 Robinson Interim Jon 31 Jun 90 ISS IttO 7 {0« G SecurWe* Finol Fob 2 0*89 "W 768 S Sfeonwhlp Land Finol Feb 13
      407 words
    • 164 17 AFP PACIFIC CKJNLOP Ltd reported yesterday a A 5153.3 million interim net profit for the aix montha to Dec 31. 23 per cent up on the same period in 1906. The rubber gooda, clothing and footwear group said the profit, up on
      AFP  -  164 words
    • 657 17 NYT DESPITE RECORD amounts of cash being sought by corporate America in 1988, less on Wall Street for underwriting stock and bond offerings dropped sharply last year. For the year, fees from underwriting dropped by 20.9 per cent, to
      NYT  -  657 words
    • 364 17 NYT THE HOLIDAY Inn. a distinctive American institution, is now owned by the British, and the new man in charge is Bryan D Langton, an affable European hotel man who will run the chain out of Atlanta. "We're not trying to change the
      NYT  -  364 words
  • Page 17 Advertisements
    • 119 17 H x FOR WHO. WHAI.WHHE AND fcHEN ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the H H|H mm country's communications muscle. 11l HI The page monitors business developments and the players in both M mm m m |H| international and Singaporean advertising
      119 words

  • Page 18 Advertisements
    • 960 18 Whereto entertain... Wfoere to entertain... Wfw to entertain... Wbeir to SBSSSBS^SS^BSSSSSSB^BBBBKBBf Breathtaking Buffets. 1 A v&SMe A C7^ q Add a little spice to your life! Come savour the flavour of Sri I .anka at our buffet dinner specially prepared by Sri lankan f<xxl Level I expert Felicia Sorensen. Februarv
      960 words
    • 185 18 AT THE I: MANDARIN SINGAPORE I > This Valentine's Day, we I N have many ways to seal I > your love. Valentine I Dinners, cocktails, revue I shows, special entertainment, door gifts, I love ballads, a fashion show, games, I Lucky Draw and even a contest! So give I
      185 words
  • Page 18 Miscellaneous
    • 794 18 I CDP 19 7.50 Newswatch. was drugged and then murdered tama. nQnn\/ O riD\/Dr hnmp 8.00 It's Your Move (L). Through an informant, the police 12.05 AM Close. UdUUV D lICYCI lIUIIIC 7 w no-n.nn Announcement and 100 News at Nine. strive to trace the drug traffickers J 725 op
      794 words

  • LIFESTYLE
    • 850 19 MARRIAGE NYT LIKE THE overheated characters on television soap operas, a lot of the research into American sexual behaviour hasn't done much tor the notion of marital fidelity. Some studies suggest that anywhere from 30 per cent to 70 per cent of married men
      NYT  -  850 words
    • 367 19 TRENDS AFP THE RECALL of million* of bottles of Perrier water from the shelves of gourmet supermarkets in the United States is causing consternation among the Porsche set. The French mineral water in its distinctive green bottles is de rigeur
      AFP  -  367 words
    • 542 19 LANGUAGE Reuter SALVATION is at hand for the struggling ill iter stes of the world. Baffled by grammar and bsfuddlsd by spelling, they can learn "Canadian". Toronto schoolteacher Ted Culp argues that Engliah just isn't good enough. Its grammar is too
      Reuter  -  542 words
  • Page 19 Advertisements
    • 203 19 entertain.,,, J This VALENTINE'S DAY, Enjoy Our Labour Of Love Tis the season for love To make this your most memorable Valentine's Day ever, bring your sweet love to Century Park Sheraton Singapore and choose from our Valentine candlelight dinner specials designed for two. You can also buy Valentine s
      203 words
    • 244 19 Hie art of doing business. Iburchettes Business Lunch. At Rourchettes Grillroom, one of Singapore's finest business lunches iwuo. The freshest oysters, Gooae RiUettes and other appetizers. Main courses from the Grill, or Roast US Prime Rib from the Camery. Accompanied by the moat exquisite Deserts, Teas and Cofiees. At just
      244 words
  • Page 19 Miscellaneous
    • 563 19 CRYPTIC PUZZLE ~fl 15 Look after a drug, poa- 31 Wj^18 What soma blrda do by 22 Persons of honeaty (4) 23 A little matter of a 25 How to make tea and 19 Continue steadfastly bomb (4) scoft (3) (7) 24 Hesitate to 27 They're called bread 20 Give
      563 words
    • 607 19 RADIO BBC Highlight Cana,, n compowr Th« Story Liv« On, 945pm Ashley Hutchings continues his history of f\3CtlO 0 nl£nll£ni British Balladry with another selection of stones in song Music and Musicians, 9.00pm Many features the historical events The Suisse Romande Orchestra is conand long-dead heroes and villains, but ducted
      607 words

  • SPORTS
    • 631 20 BOXING AFP THE JAPANESE MEDIA yesterday criticised boxing's two top ruling bodies for putting on ice challenger James Douglas' knockout win over heavyweight Champion Mike Tyson, and one 'paper said promoter Don King rhad emerged as the true victor "in the contest. There is
      AFP  -  631 words
    • 488 20 TENNIS AP TOP-SEEDED Ivan Lendl overpowered Tim Mayotte in straight sets in Sunday's final of the Milan indoor tennis tournament and added a first prize of US$7B,OOO to his all-time career prize money earnings of US$l5.B million. "It's always nice to win," said the
      AP  -  488 words
    • 320 20 AP ANDRE AGASSI inaugurated the new ATP tennis tour with characteristic flair, hammering out a 8-1, 6-3 victory over Todd Witsken on Sunday night in the finals of the U*****,000 Volvo tournament in San Francisco. It was the ninth professional title of Agassi's four-year
      AP  -  320 words
    • 465 20 AP BUSTER DOUGLAS' knockout of Mike Tyson may be the biggest upset in boxing history, but it's not the first time a seemingly invincible heavyweight champion has fallen to a heavy underdog. It happened to John L Sullivan in 1892, Jack Dempsey in
      AP  -  465 words
    • 377 20 AP THE INTERNATIONAL Boxing Federation recognises Buster Douglas as the world heavyweight champion. The World Boxing Council recognises no one, right now. The World Boxing Association is not saying who its champion is. And nobody cares about the World Boxing Organisation because it
      AP  -  377 words
    • 302 20 GOLF AFP DAVID ISHII became only the second local man to win the Hawaiian Open on Sunday but he could not make up his mind about deserting Japan for the United States tour. "I think I'll still go to Japan in March," said Ishhi who
      AFP  -  302 words
    • 258 20 SNOOKER AFP STEPHEN MEMORY retained his Masters snooker title when he beet John Psrrott 9-4 In the Anal on Sunday and Is now after Steve Davis's world crown. "At the moment I am feeling I cannot be beaten. That's not being big-headed but I
      AFP  -  258 words
    • 164 20 MARATHON AFP JAPAN'S veteran Takeyuki Nakayama coasted to victory in the Tokyo international marathon yeeterday, almoet half a minute ahead of Ireland's Olympic silver medallist John Treacy. In his first outing for almoet a year the 30-year-old clocked 2hr 10min 57sec with Treacy. second
      AFP  -  164 words
    • 438 20 CRICKET AFP THE WINDWARD ISLANDS' team beat England by just one wicket at Castries on Sunday after it had appeared to be cruising to an easy victory. England, forced to follow on, made 326 in its second innings to set the Caribbean side 136
      AFP  -  438 words
    • 227 20 AFP BAD LIGHT stopped play with 13 overs of the day remaining in the rain-interrupted second cricket Test between India and New Zealand in Napier. New Zealand, yesterday. New Zealand was 178 for one in its first innings with captain John Wright unbeaten on 113,
      AFP  -  227 words

  • TECHNOLOGY
    • 812 21  -  (?(•> by Jeffrey Tsang THE IDEA of a PERSONAL computer must have bean seamed farfetched and quite impossible in the days just four decades ago when machines like the first Eniac coat millions of dollars. Even if money were not a problem,
      812 words
    • 306 21 AFP IT IS as powerful as a dishwasher, sbls to Imp over computing elements in the flash of infrared laser beams and can process data at the speed of light, scientists said recently. It is the world's first prototype computer using light
      AFP  -  306 words
    • 458 21  -  By JEFFREY TSANG ASIAN AEROSPACE op«n» tomorrow with aircraft showing off a billion advanoaa in flight technology. But on the ground level, othar technologies ara quiatly Ming S6t. Flight International, tha global aviation publication, has sat up what la likely to ba tha
      458 words
    • 399 21 A BIT MORE RESPECT please next time you order mueeels for dinner: you're sbout to eat a first-class sentinel in the fight against pollution. Scientists have been using mussels to monitor pollution for years, snatysing chemicals deposited in their tissue as they filter
      399 words
    • TECH-TAKES
      • 112 21 VersaCAD, a major supplier of computer-aided-design software lor the Apple Macintosh computer, has launched a new architectural software product Called VersaCAD/Architect, it is an integrated program running as part of the VeraaCAO/Macintoeh. One erf its features is a variety of door and window styles. Once selected,
        112 words
      • 117 21 Exhibition and conventions organiser cum publisher Cahners is to launch a new regional business magazine to serve the electron- tcs market in Aaia. Electronic Business Asis, to hit the news-; stands in May, will focus on the computer and electronic industry in Singapore and other significant
        117 words
      • 129 21 THE Port of Singapore Authority has awarded the contract for what is probably the largeet integrated office Information system in Singapore to Digital Equipment (DEC) Singepore. The contract for the Computer Integrate Office System or CIFOS is worth $4.9 million. The system will give the
        129 words
    • 1048 21 WHEN STEVEN JOBS introduced his unusual new computer 15 months ago, some people thought it would be the next Macintosh, a trend-setting machine he had developed at Apple Computer Inc. Now some people in the computer industry are wondering whether the sleek black
      1,048 words
  • Page 21 Advertisements
    • 97 21 w* It could be a controversial deal between two stock market stars, a thought-provoking report by university ,fX\ researchers on the latest trans-European merger. J FOCUS zooms in on the news and y issues of the day and looks at them in more depth and breadth. FOCUS is the news
      97 words

  • 476 22  -  MORE PERSONNEL CHANGES IN THE OFFING, SAY OBSERVERS By LILIAN ANG WITH ABOUT a month to go before BP Singapore finalises its plan to overhaul the company, its chief executive officer Bill Lee has been given the golden handshake with what industry sources
    476 words
  • 189 22 BEING the two smallest nations in South-east Asia. Singapore and Brunei have much in common and thus, much to share in terms of broad-based cooperation, President Wee Kim Wee said yesterday. He was speaking at the state banquet for Brunei's Sultan Hassanal Bolkiah, who is
    189 words
  • 313 22  -  By PAUL GOPAL NATO and Warsaw Pact ministers held separate meetings on Sunday to define their stance on the Open Skies conference, which is aimed at easing tensions between the two military alliances. For many of the East European ministers, this was the first
    313 words
  • 154 22 AFP BOND CORP Holdings Ltd yesterday failed to secure a stay of receivership in Melbourne for its brewing arm after the Victorian Supreme Court adjourned the case until next week. The full bench of the Supreme Court adjourned until Feb 21 its hearing
    AFP  -  154 words
  • 400 22 AFP CHINA will make no new "concessions" on democracy for Hongkong after its return to Beijing's sovereignty in 1997, a senior Chinese official said yesterday. Li Hou, who is both deputy director of China's Hongkong and Macau Affairs Office and
    AFP  -  400 words
  • 408 22 A FP FREED African National Congress leader Nelson Mandela publicly committed himself yesterday to peace, softening the hardline stance he adopted on Sunday in his first public speech in more than 27 years. Addressing a press conference in Cape Town, Mr Mandela
    AFP  -  408 words
  • 448 22  -  PROPOSAL TO BE DISCUSSED IN JAKARTA By DAVID CHEW SENIOR ASEAN OFFICIALS, meeting behind closed door yesterday. unofficially endorsed the Australian proposal for a UN interim administration for Cambodia pending free elections. The endorsement will be forwarded to the Asean Foreign Ministers'
    448 words
  • 200 22 AFP INDONESIA has shortlisted NEC Corp of Japan and a Dutch subsidiary of American Telephone and Telegraph for a lucrative US$3OO million contract to expand its telephone networks, a minister revealed in Jakarta yesterday. Coordinating Minister for the Economy, Radius Prawiro, said the two
    AFP  -  200 words
  • 406 22 Reuter SOVIET PRIME MINISTER Nikolai Ryzhkov, seeking to promote a new role for Moscow in non-communist Asia, offered yesterday to help Thailand build up its economy. Mr Ryzhkov said Moscow's foreign policy should be seen in the context
    Reuter  -  406 words
  • 327 22 SINGAPORE AIRLINES will have a new $60-miiiion engineering hangar in two to three years' time to cope with its expanding fleet. SlA's fleet now comprises 39 aircraft, including 26 *****. Another 32 planes are on firm order with an option to purchase another 39.
    327 words
  • 131 22 AFP THE SOVIET Communist Party must enrol "new forces" before its 28th Congress "because there has been no positive change" in the work of local secretaries, Pravda reported President Mikhail Gorbachev as saying in its Monday edition. "If a new central committee
    AFP  -  131 words
  • LATE FILE
    • 43 22 Reuter CHINA does not plan any new taxes this year on foreign inveetment in the country, the Beijing-controlled Hongkong newspaper Wn W9i Pao said yeeterday. quoting Niu Licheng, deputy director of China's State Admi nstrst ion of Taxation.
      Reuter  -  43 words
    • 32 22 Reuter MOHAMAD Annur Salih, information officer of the Moro National Liberation Front, yeeterday warned of "revolutionary justice" for Japaneee and American multinational companies unless they stopped exploiting Mindanao.
      Reuter  -  32 words
    • 40 22 Reuter SOUTH Koreas trad* deficit with Japan roaa to US$4 billion in 1960 from US$3.9 billion in 1968. A Koraan official •aid that axports to Japan had baan hurt by tha appreciation of tha won. Rautar
      Reuter  -  40 words
    • 31 22 Bernama MALAYSIA can attain parity with davalopad countries provided it continues to have a strong Government and diligent citizens. Deputy Prime Minister Qhafar Baba said yesterday. Bernama
      Bernama  -  31 words
    • 53 22 AFP POLICE officers from Britain, Australia, and New Zealand will be recruited to assist in the fight against crime in Papua New Guinea. Prime Minister Rabbie Namaliu said in Port Moresby yesterday. He added that the 14-month-old secessionist crisis on Bougainville had been a major drain
      AFP  -  53 words
    • 32 22 AFP BRITISH wholesale prices rose 0.8 per cent in January, taking the year-on-year increase to 5.2 per cent the Central Statistical Office said yesterday, quoting non-see-sonalty corrected figures.
      AFP  -  32 words
  • 143 22 Reuter SOUTH KOREA yesterday welcomed calls by the Soviet Union for dialogue between the two Koreas. But a Foreign Ministry official in Seoul said hia government waa baffled by a statement from Soviet Foreign Minister Eduard Shevardnadze about breaking down the "Korean wall"
    Reuter  -  143 words
  • 71 22 Reuter COMEX gold futures posted small losses in quiet early dealings yesterday. Spot gold waa off US$O.lO at U*****.00 an ounce and the April delivery dipped US$O.6O to U*****.00. Comex silver futures gained on spillover buying from a rally in overnight markets which was spurred by buying by European
    Reuter  -  71 words
  • Page 22 Advertisements
    • 77 22 jB B^HHh Dive Adventure MICRONESIA Stay on board your floating hotel the B.S. THORFINN 170' cruise ship 7 DAYS for US$l4OO 00 PRICE INCLUDES: All Meals (plus wine with dinners) UNLIMITED DIVING at wrecks plus Night Dives We provide TANKS WEIGHTS. DIVE PERMITS Experienced Guides Free Windsurfing, skiing fishing i
      77 words
    • 3 22 Focus, PAGE 6
      3 words
    • 8 22 Leader, PAGE Stirring a potent Russian spirit, PAGE
      8 words
    • 153 22 wmmmSSST Marketing through Franchising April 9 10,1990 Fee: SJ7SO SIM members/SsB6o non-members Objective: This two-day seminar is intended to highlight the practical, legal and administrative aspects of franchising, the licensing technology, and the financial and banking systems involved. For Whom: Existing franchise operators and business entrepreneurs, and those who think
      153 words

  • SHIPPING TIMES
    • PORTSIDES
      • 49 23 Reuter A NEW SHIPPING FIRM, mainly owned by Norwegian investors, has ordered 10 ore/bulk/oil carriers from South Korea's Hyundai Heavy Industries Co shipyard, the Norwegian business daily Dagens Naeringsiiv reported on Saturday. Scanabo Carriers signed the 3.8 billion crown contract with Hyundai shipyard, it said.
        Reuter  -  49 words
      • 109 23 AP HARBOUR PILOTS at the Port of Los Angeles have ended a two-day walkout that had crippled the nation's second-busiest port, agreeing to a settlement that left open the possibility of more talks. Sunday's pact between the city Harbour Department and representatives of the 11-mem-ber
        AP  -  109 words
      • 49 23 AP SHIP ORDERS to South Korean shipyards in January amounted to 365,700 gross tons for nine ships, up 360 per cent in tonnage from a year ago, the Korea Shipbuilders Association said yesterday. Association officials said January orders were worth US$332 million. AP
        AP  -  49 words
      • 77 23 Reuter LAST WEEK'S SLIGHT IMPROVEMENT in demand on the Australian wool market could continue this week at sales in Brisbane and Adelaide. the Australian Council of Wool Exporters said. About 111,400 bales of wool will be on offer. Trade reports say significant quantities of wool have
        Reuter  -  77 words
      • 115 23 Reuter A 14-MILE-LONG OIL SLICK from the 80,735 dwt tanker American Trader is showing signs of breaking up, but more oil could wash up on California's fashionable beaches in the next few days, cleanup officials said on Saturday. "We are starting to get
        Reuter  -  115 words
    • 177 23 LEADING Japanese carrier Mitsui OSK Lines is to expand capacity on its transpacific services by introducing three new 2,900TEU containerships. The first of the vessels, to be constructed at a cost exceeding 20 billion yen (U*****.57 million), is due to enter service in
      177 words
    • 313 23 Asahi News THERE MAY BE no more fitting symbol of affluence than a luxury yacht, so it is not surprising that two companies recently announced plans to sell multi-mil-lion-dollar pleasure craft in Japan. Hitachi Zosen Corp, a major Japanese shipbuilder, announced
      Asahi News  -  313 words
    • 915 23 Poge Column ABC CoOoleoHtoo Thirteen 5 Accord Shpg Ten 3-5 Albotros Sea-Air Seven AFC Una Seven 5 Afl Five 3-5 AfS Thirteen 3 Arrow lines Nine 5 Anon Express Si* 4/5 ANt Three 1/2 ASCI Five I Avon* Shpg line Sin 2/3 Mt Conodo lino Eleven 4/5
      915 words
    • 358 23  -  By J JULIE CHATTERJEE IN AN EFFORT to liberalise shipping and encourage more traffic, foreign shipping lines will soon be allowed to operate feeder services from Nhava Sheva and Madras ports. Cabotage regulations restricting foreign lines operating to the Indian coast are being
      358 words
    • 354 23  -  By JEAN FOONG JAPAN-BASED Seven Seas Cruise Line is eyeing other popular cruising regions, having launched its first international cruise service package from Singapore yesterday. The firm, which is a joint venture between Japanese shipping major "K" Line and Meiyo Corporation,
      354 words
    • 267 23  -  By AL O LABITA A TOP-TO-BOTTOM revamp of the state-run Philippine Port* Authority (PPA) is in the offing. Sources told Shipping Timee yesterday that the new Transportation and Communications Secretary. Oscar Orbos, was dismayed over the alleged inefficiency of the PPA to improve
      267 words
    • 1942 24  -  Lua Cheng Eng has piloted /Neptune Orient Lines through some difficult years to 1 stability and success. TANI FREEDMAN caught Up with him after his trip to teH US investors the good news about NOL TANI FREEDMAN Seatrade Business Review "TO SUCCESSFULLY MANAGE a diversified
      Seatrade Business Review  -  1,942 words
    • 268 24 AFP ENQUIRY remained insufficient in most areas of the tanker market over the past week, with the exception of the Middle-East Gulf where crude carriers met good demand, London brokers E A Gibson said on Friday. However, charterers showed a keen interest in booking tonnage in the period
      AFP  -  268 words
    • 1556 24 AT mil\f C UTIAIl AI IHUADVBO 030*10 M4A 1108/ 0*00 1102/2300 AI UUnVCnllUIIAL WnAnfCg JotulJ KXVW M4t 1102/2300 I4J0V 12® latfrAMe 900! MM 1302/0900 1102/ 2300 VhmI VovNo BerthArrlvel D*oartur« Vowgoi 2/*o mm i2j02/ mis ikb/oioo wm 04,-90 M» 1102/900 1102/2300 Keppel WharvM Jurong Port G'*o' fo"u»
      1,556 words
    • 731 25 DRY CARGO freight rates showed signs of stabilising after the sharp drop recently, brokers said on Friday. The Baltic Freight Index (BFI) waa unchanged at 1.563. The BFI had alipped 56 points in the first four days of this week but the fall waa halted amid unconfirmed talk
      731 words
    • 156 25 THE MAJOR shipping consortia operating between Far Eaat/Europa, Far Eaat/Peraian Quit, Straits ports/Australia, Straits/Japan, Far Eaat/Msditarranaan and Far East/South Africa: TRIO (Far Eaat/Europa): Ban Una Containers Hapag-Lloyd Mitsui OSK Nippon Yusen Kaiaha P O Containers Ltd ACE (Far Eaat/Europa): "K" Lino Neptune Orient Linaa Orient Overaeaa Container Line OASIS
      156 words
    • 9810 30 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      9,810 words
    • 635 36  -  By By VONNIE BISHOP, writing for Shipping Times from Hongkong ILL-REPAIRED and poorly maintained flag of convenience vessels are causing disruption to traffic flow through the Suez Canal, said the chairman and managing director of the Suez Canal t Authority, Mohammed Ezzat Adel. t
      635 words
    • 305 36 Reuter DRY CARGO FREIGHT RATES are likely to decline in the short term, but if this ie followed by the scrapping of older vessels the market could be on the road to longer term recovery, shipbroker Howe Robinson said. "We would
      Reuter  -  305 words
    • 156 36 SEA CONTAINERS HAS UNVEILED a recapitalisation plan where the company will buy back seven million of its shares st US$7O each in cash through a tender offer. The plan is subject to approval by shareholders at a meeting on March 15, when shareholders will also
      156 words
    • 575 36 The Nation ITALTHAI MARINE has backed out from plana to invest In shipyard and repair facilities at Laem Chabang after a feasibility study made by "a major Singa-pore-baaed shipyard" suggested that the shipyard project would not yield a viable
      The Nation  -  575 words
    • 550 36 Jen 11 tspt 38 Diploma In flipping A Port Management: Conducted by Port of Singapore Authority at Training Department, Tanjung Pagar Complex. Tel: *****29. Feb 18 Does maritime law fulfill its purposes, Maritime Law Forum, Nautical Institute London Branch, 1830 hours (GMT), The Naval Club, 38 Hill St.
      550 words
  • Page 23 Advertisements
    • 32 23 mMQB A lively way with mm mtis Am hM at a* good bookthopt M~* PU»te«tk>o» For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      32 words
    • 19 23 Lines and services represented by Members of the Registry of Accredited [sff(e)H' Shipping Agents, Singapore National VvK Shipping Association.
      19 words
    • 262 23 How to look after STP Distributors iii*>*»> mmimmm-+mb INSIDE Piloting NOL to success LUA CHENG ENG has piloted Neptune Orient Lines through some difficult years to stability and success. TANI FREEDM AN caught up with him after his trip to tell US investors the good news about NOL. Pagi Two
      262 words

  • Page 24 Advertisements
    • 88 24 Contact telephone numbers (Tanjong Pagarjermlnal) Section 1 Section 2 Section 3 Berth telephone Berth telephone Berth telephone CI —*****20/*****92 C 4 *****24 C 8 —*****63 CIN *****20 C 5 *****43/*****45 C 9 *****84 CIS *****92 C5N—*****43 CIO *****70 C 2 *****51/*****53 CSS *****45 Cl 2 *****54/*****42 C2N *****53 C 6
      88 words

  • Page 25 Advertisements
    • 1929 25 Iff 200 C*"tcinwt Bwd #12-06 Southpwnt, Smfapoft OPOS All If/ TH 2211)11 TtIEX NO RS ■ffTTTtW TCMINAUCfS Trifiooni—ao J ACENCIES SOW. WD. PENANG TIL *****4 TE LEX "0 "*«*2i2 t-Tji a. "h J:iu KWnfflHl P.OUOABB TEL *****2/3 JEifX HO. MAHOB4 lA»du:<*tea Ut C/uomy Ooin/u t IMPORT EXPORT «wi|WWg I LH
      1,929 words
    • 2043 25 .MM ~|F »A It 'D "Pon I 1 destinations TMe aMt Mali M Closing Tkma fftti by CY aVMO MOD H»W MFarooO CFS -wm MOO MM M Two OAK LOB HOU MEM ATI MM CHS BAt- H* o MO l LARS M 0004 139 149 Sd HW2 3/3 V 3
      2,043 words

  • Page 26 Advertisements
    • 840 26 ROTTEROAMv! I I VOY NO S PORE P. KELAMQ SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE J ALASKA MARU 08/520 13/2 16/2 6/3 8/3 10/3 11/3 I HEIDELBERG EXPRESS 06/519 15/2 12/3 6/3 6/3 5/3 I LARGS BAY 16/517 21/2 23/2 13/3 15/3 17/3 18rt 20/3 1 MONTE ROSA 06/522 22/2
      840 words
    • 617 26 yiiiTM PACIFIC SERVICE I SIN POM LAE SUV PPT I AGIOS SPYRIOON 25/2 7/3 10/3 17/3 B/3 CAP£ MALEAS 29/3 11/4 14/4 20/4 27/4 CHILE SERVICE I SIN iQQ ANF VAP I AGIOS SPYRIOON 25/2 5/4 7/4 10/4 CAPE MALEAS 29/3 12/5 13/5 16/5 AMHtK (sfSnR/NXII SINGAPORE: *****00 I XrJIAMJ
      617 words
    • 1122 26 BssaaiM &XMB REGULAR WiDEPEWDEWT FULL COHTAIER SOWICg WESTBOUND FOR EUROPE uMi VSL/VOY SIN CLM PRS ALG BCL FEL HAM WE ROT ANT LMA Vm ft JAPAN SEA *7W 16/02 20/02 05/03 10/ TO 12 TO MB IMB 17J3 IW iJK Sm NORASIA SUN Mt-3 23/02 27/02 12«03 17/03 »g3 U&
      1,122 words

  • Page 27 Advertisements
    • 1437 27 Sg Steamers Maritime Holdings Ltd I P&O f STRAITS SHIPPING Containers Vptn P-Ma* rm H'tai S'tevmrfea Lak tm I ALASKA HAM l«B IMB OMD OM3 Off IMS UM ACCEPTS CARGO DUE SAILS I KMCLKK EXPRESS 15* IW K* «|B W ltd STRAITS HOPE VUE KK, SJun. Taw Mf* Mf* I
      1,437 words
    • 1224 27 TO- EUROPE TQ; FAR EAST SP LH ROM NAM MC FIX I SPORE K MO M HAN JIN ROTTERDAM O»7W 17/2 7/3 *3 *3 11/3 120 22 °!l m CHOYANC CHANCE MM 240 140 I*3 I*3 110 MP 225i?«?t555S QUEENSWAY BRIDGE RM 3(3 21/3 220 230 2*3 2*3 W W
      1,224 words
    • 27 27 REGULAR SERVICE TO KARACHI I S'PORE LOADING FOR TBM 28/2/80 KARACHI I A«l«li: MMA«A MMHM N.T.T. TRANSPORTATION CO. (TTC) LTD. T«t: aanat tie rs twii Nc snhm
      27 words
    • 337 27 r»TIIMTt/wo/ mMTI WWW j SPECIALIST IN RO-RO HEAVY LIFTS' I VESSEL COSWC TANJUN6 SEKI J TRADER EMAS MATSUYAMA IVOY. NO. S I B I S port Std In Pt 10/2 I I P. Katang In Pt I*2 21/2 I Hoof Kong Yokohama I Nagoya 4/3 I ■Osaka I senboku 2/3
      337 words

  • Page 28 Advertisements
    • 587 28 IHBB i IHAKIAN SERVICE I Loidinc for*- H IRAN EKRAN In Port BANDAR ABBAS I -4 -I PMIMMI UM M Mulct) ai, wen ctmr/MBBCt/CBmyu. AMBHCA C9NTAMER SERVKE HKC l» tNSENAOA LCAftOCNAS SAUNA CIU2 MANZANIUO «tu v-n ta m UP ufl oaxaca v-u iw u/3 up m aa an !»«LOS V-M
      587 words
    • 761 28 (p) H ANJIN SHIPHNGH «r FULL CONTAINER SERVICE rairr "Sr* 5?~5" SlriSfSi™ s z CNOYAUG CHANCE MB 24/2 14/3 W IW W W NggU MNMBK BB SSL'S. r QUEEN'S WAV MIDGE (UW I W 21/3 72ft Oft 2W 2W KAHim HAXAfI Mf 2M HAN JIN LE HAVRE MM W 21/3
      761 words
    • 54 28 SOON KIAT SHIPPING F-fc. PTE LTD I 3 SMENTON WAY IMP SMENTO* MOUSE REGULAR SERVICE TO E. M'SIA S'PORC Ifaju Tone Hui mO Bintulu/Hin/K Matt M Sri Pujut <*/*> Bmtutufl»ri/K Mil 24,7 Swat Aim Satu Docking *20 torn torn hwvylift r»rf«r urfyj V <T FCI T«4: *****01 Itam) T«ta« *»1»
      54 words
    • 985 28 5?52 S? *S I I 0 nmoo. «WK. uvmmam. mtm mimcmu. «awu. moubmhui. mbntrml. tbmmtbl ■2) ATLANTA. CMCAQO. DETROIT. COLUMBUS OTIO MW iMHIIII ROTMAYIBHS I I VESSEL SGF HBC FU( MM AMW UW WW !Kf 25 S5? 73? SS? S?M SA "Ss I EVER CLAMOUR IN FT (0 10 m
      985 words

  • Page 29 Advertisements
    • 1015 29 iSSSiPII PACIFIC INTERNATIONAL LINES (PTE) LTD g gf Jgg PIL Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 «AR»- MOT Hjoa TMM K/t) IMM IVM IMM M/M "JJJJ mAiAPAHtr SIM tam xma ra km tv 3 iV9» jmm xvn M*l auAHO 2MB I'M MS wws ~®y_ nan mjm Km
      1,015 words
    • 708 29 EXPRESS CONTAINER SERVICE TO UK/CONTINENT SPORE P KUNC STOH HAM rHAWN ROM NAVW AMufen. In ft I*2 VI lfi 10 W Ifi U»t«m I*2 un *i *i *1 110 urf> u, an an w ua m w an Ma Iw 220 !*3 I*3 I*l 12/1 Mfl LmM* Eiprnt 2*2 10
      708 words
    • 449 29 A Joint Europe Ssrvk* Of: p.t. NMuan uen p.t. ksvm übyb P.T. MUKM MWIM P.T. TMMBB Lilt .cr Mvn nezTsioeoo-o EXPRESS SEJU-CSNT/UNEKSNIP SERVICE n p vsL/voY rpoet rom* h-burc Bremen Antwerp n A DAM N SRIWIJATA/2BWB 22 2*2 a/1 2*l 3*l 1/4 L J. SONTANC/JWrB 12-I*3 10/4 I*4 I*4 72/4
      449 words
    • 369 29 W MYANMA ]pBSi FIVE STAR LINE 1 (BuriMM National Una) j< Loading tar Y»nfon (Ranfoen) I S'port P.Kdanf PcuMf BanfM krgui v/ww u*m HTOHEYWA V2SMT 14/tt FEI PAGAN V/ISV XV TLB PAT*]* V/M au FEB am FU irOMAYWA V/12J 4/13 FEI 14/17 FEi IMCUIV/» 22/25 Fti va* THt HANK UNE
      369 words

  • Page 30 Advertisements
    • 300 30 SERVICE //M™7/ I DALY LCL RECEIVING AT OWN CFS I I jJSkJ PENANG VESSEL I P KELANG [SPOREI "AOKAS (FEWER) 91| g SID 15n 62 LEUWSng 15/2 17/2 19/2 24/2 MACOLINE W -u»« 25/2 I 2/3 BOOKING: MACOLINE S PORE *****11 PK (03) *****77 PEW (04) *****6 m, A aMAC-NELS
      300 words
    • 152 30 MANN AISAIPANJGUAH DIRECT SERVICE (BREAK-BULK/CONTAINER) VESSEL SPORE MANILA SAIPAN GUAM SPARKLE *5 SAILED 12/2 21/2 22/2 SPARKLE *6 2/3 W W Jjg SPARK LE W 2*3 5/4 11* UM SFRVICE fVIA HKI FEE OCR sro« nono |ffi •J?' Hf" B 'a JS rn u,ronnf*l yRUICE (VIA GUAM) SPARKLE YS 585%05E43
      152 words
    • 288 30 I MERCHANT MAWNE CO. LTD. EABTBOUHD TO USA WEBTBOUHP FROM USA SIW HUG LRU OAK SEA FROM PBW LW ORK «A WW yvinmA. nnnttl 7* IM2 22/B 12/ M ISP HYUNDAI CHALLENGER 2 15S a« HYUNDAI COMMANDER 2S SS 35 S HYUNDAI KPLORM" B» «P MJ a""" 5 SSSSSSSSSK SSK«
      288 words

  • Page 31 Advertisements
    • 573 31 MKB= InterCoa MA HI r IMF I*TF. LTD ■PwEEKLY FCULCL TO: FAR EAST JAPAN EUROPE FUI ISLAND KAOHSIUNG —25/2 TOKYO —22/2 LE HAVRE —19/2 LAUTOKA —2/ KEELUNG —25/2 YOKOHAMA —22/2 ROTTERDAM —19/2 SUVA 2/ MANILA —23/2 KOBE —22/2 UK PORTS —19/2 BANGKOK —29/2 HAMBURG —19/2 BUSAN —22/2 GOTHENBURG —19/2 HONGKONG
      573 words
    • 474 31 WE GIVE YOU THE WORLD Nedlloyd Lines k*Hmt FlftA) K»»—«t*A) Tl—niLvMHmO) &■"•*"<■) faster ■A! g iCO iwra uTn it? w W W ap W »3 W £l jg 1$ 1 N. Itodwte/nB 2W 3/3 21/2 28/2 2/3 "7/3 203 VI Bp 2M 2V3 24/3 2W MP jg» I*H N Rojt'WX
      474 words

  • Page 32 Advertisements
    • 943 32 I UlilSlill VOY *INOO *PK/PNG [sGP LB CHLS NFK NYC HFX I I I Ofcl FAITH U 12/2 13/2 15/2 10/3 20/3 22/3 24/3 4/4 I <»£ v FRIENDSHIP IS 19/2 20/2 22/2 17/3 27/3 25/3 31/3 4/4 I H I NISoNE JAOC 23 27/2 1/3 24/3 3/4 5/4 7/4
      943 words
    • 594 32 ETDSIN (IDAY) *(IWY) *.(IDAY) CHR|ST|(|E/ IJ 16/02/90 PORT KELANG PENANG BANGKOK VICTOR TWICE/WKLY BOOKING. CONTACT w H*! ETD SIN O DAYS) P DAYS) +(1 DAY) 15/02/90 KAmKiiinr. KEELUNC JOYCE/JUOY —Jk TWICE/WKLY ETDSIN (6 DAYS) +(1 DAY) +(4DAYS) I I I 16/02/90 BUSAN JaiHik lIAN,LA NAGOYA S£RENE/S,TI TWICE/WKLY ETD SIN <BDAYS)
      594 words
    • 266 32 Continental Pacific Shipping ■wr TIMBER K PLYWOOD SERVICE TO U.K./CONTINENT KKU S'PORE P* LOAOINC FOR CAPTAIN GEORGE SM SM SCTIJtO«#ANT/FLUA« ■aria K SM ta« 1W SETEyROHANT/aUWR TAIPAN 3/3 RINWANT/aU/UK vpx MULTIPORT AGENCIES (S) PTE. LTD. h tt t3rr FAX: *****1 I IVI MULTVONT ant BHO \l f I/ TU. 3NMN
      266 words
    • 499 32 m GOLDEN LINE A GUAN GUAN SHIPPING (PTE) LTO M a T«M Aft Strwt W 1 1 siMAMWf tm ru nam u» uncs) fm smmt STRAITS/PERSIAN GULF SERVICE: Span P. MM* Nmi QOUXN HAmST CMUMMI GOLDEN wonoa VM Mw CHINA SOVKt Ml run SHAN ft* CHINA OCEAN SHIPPING CO., PEKING
      499 words

  • Page 33 Advertisements
    • 1485 33 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****53, *****19, AUST/INDIA/PAK-*****18 m USA *****42/*****16 FAR EAST-*****48 Documentation: *****44/*****14 Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4 EIfDBVSLVOY PKN Slip MOTHER VSL/VOY SCP LEH HJ BOM HAM S
      1,485 words
    • 1137 33 SINSOV i SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Line*) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** 'j A PCNAM f MUM 7 ■USDS Ml TNOM SMtffHK 127 Pvwt Matayiu MfS NANOUNC SYSTEM
      1,137 words

  • Page 34 Advertisements
    • 678 34 [Hds^DnesßSl DSR LINES I VEB DEUTRACHT/SEEKEDEKI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN I NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT ROM HBG RST (t. «cnoa ww Urn mm ~urn urn am o. smm£Urn vm op *N® 3m« nm TTemUmrn wmni* i*n iyw vm i*w TIA
      678 words
    • 1030 34 WKC COBHTMimOWAt MM»WBC» Vmwl P.KU PM PB UaMaa Mr PING AN CHENG 2*2 R^OM/A^iwp HANCHUAN 2/3 RiWIIM|AIIwh CMWA HIU COWTAPRMM «Yia Vwwl PKLC PNG SPONC BKK HKC SKAI Q'DAO VANG FANG K0UV1232*2 2*2 *3 *3 14/3 NCI HE M 2*2 22/2 2*2 *3 *3 Accepting FCL Ciffo tor ottttf CMrbm
      1,030 words
    • 175 34 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMAR ANG/PAN J ANG/CIGADING/ BENGKULU VSL ETA ETD LOADING FOR DELI INDAH In Port 152.90 PANJANG/PK. BALAM NAGA JAYA 182.90 20.2.90 PANJANG LAMPUNG JAYA 132.90 142.90 SEMARANG/PANJANG PINANG JAYA 152.90 162.90 PANJANG/PK. BALAM PERITA JAYA 152.90 162.90 PANJANG/JAKARTA ABAOI JAYA 152.90
      175 words
    • 509 34 f —l Xjlcvv POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL A CONVENTIONAL CARGOES iafwhistahi; S°^J r T& di Kabul Mashad, Kushka I IRAN Dju»fa, Astara VIA ILYICHEVSK ETD SINGAPORE 19/02, 2/03, 4/03, 7/03, 13/3 EUROPE i :To a Miarid points: VIA VOSTOCHNY
      509 words
    • 450 34 OCEAJI OW— UW T— M w tm> jg_ WTA HUM n» wi MP vp WWW ACt WW Tlw UP WL_ BATAMA Hi m «t MP Tw ski ww am st up T "P JPHJMK MW St UP T» lg_ I wta mm n» w* ng st MP_ I SHH WW
      450 words

  • Page 35 Advertisements
    • 996 35 ■VESSEL VOY SINGAPORE KHF/DUBAI JEDOAH I ■LANKA RUWAN 3W 18/2 05/3 20/3 I ■LANKA SRI MAN I 75W 4/3 13/3 20/3 ■LANKA SRIMATHI 74W 8/3 13/3 20/3 I lALSO ACCEPTING CARGO (FCL/LCL) FOR: I IA) INDIAN PORTS I MAMAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY I Is) ARABIAN GULF PORTS I SHARJAH;
      996 words
    • 207 35 iPHHPr'i Lntftf aSSk) ACCEPTING FCL AND CONVENTIONAL pen/pko J™. loading fob ABBAV WONZ 11/03 DAA£S3ALAAM. MOMBASA DJIBOUTI VOY 23W8 ASSAB MA3SAWA HOOEIOAH JPJ KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Spore P. Louis Durban Johannesburg EXCELLENCE CNTR V EO2S
      207 words
    • 636 35 JJTTRT^askapa^EITYARA?? LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S'PORE, INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 MWttAPOM Hrtkwau MRV«« VSL VOY SIN JKT PAJ SIN PUL BAHAGIA 70S
      636 words
    • 465 35 mmi wt a m tci m SUPARYA 2JW IN PT 29/2 I2VESTIA *****9 19/2 29/2 SUSAK 99N 2»f2 27/2 VERMILION BAY U» 20/2 9/3 TIGER RIVER 95CN9 22/2 29/2 LEUVE 9U9 25/2 2/3 PAITHOON 33* 29/2 12/3 ILOVIK 190N 25/2 4/3 BBOJI lON 9/3 20/3 TICER RIVER HCNB 1/3 19/3
      465 words
    • 193 35 WE HAVE GOT THE FASTEST j TRANSIT TIME TO AUSTRALIA! j I NEXT VESSEL: m.v. "tnt express" V 242 ETA 28/3/90 n Only 7 days to Fremantlel Only 12 days to Melbourne! Only 16 days to Sydney! i J FROM I v*i |h<i ln» I[am ftiv Irnw 1 TUT EXPRESS
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  • Page 36 Advertisements
    • 1055 36 lay w>6 a p oak pp p i" 0 I" p" [service calls BUMA CUT AM TST VW~~ AUWATOB MIOi V«B JW "P W W W i*L_ QINGAPORE BUWCA BUTAM W ALLWATDW CLOtT VJUM BP Uo_ MP_ «W_ «L_ 52_ 1P I!.l!, ri.rnW MMGA WTAM V« —gg AU.ICATOB WCTOOY VOTIW
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  • Page 36 Miscellaneous
    • 138 36 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0790 HOURS ON FEB 13,1000. LEGEND: R Th,«H.r..«rm Temperoture c X\ Shower Weather -V Wmd drectKxi with speed n knots Rain Wove height Cloudy Sky Surface winds are indicated by arrows which fly with the wind One full circle represents colm or light and
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