The Business Times, 8 January 1988

Microfilm: NL16051
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, JANUARY 8, 1988 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    163 1 Overseas markets Thundery HK Hang Seng Index 2432.52 (-10.50 Tokyo NMdcei Average *****.13 (+1.63) Sydney AJI-Ordlnaries 1316.1 (-5.8 Wednesday New York (Dow Jones) 2037.80 6.3 London (FT 30 Index) 1438.0 0.9) Exchange rstss US$1 128.95/129.05yen 1.6470/80 DM S$2.0380/90 M$t S$0.8027/34 Slmex Euro-S (Mar) 92.36 (-5 DM (Mar)0.6117
    163 words
  • Article
    Lock icon Dow Jones lower
    45 1 Reuter WALL STREET stocks fell early yesterday on a decline in the dollar in world currency markets, brokers said. The Dow Jones industrials fell 24 to 2013 and declining issues led gainers by five to two. Trading early yesterday was active. Reuter
    Reuter  -  45 words
  • Article
    Lock icon UK shares up
    45 1 AFP UK STOCK PRICES made modest gains early yesterday in active trading stimulated by renewed takeover activity. At 1200 GMT, the Financial Times 30-industrial share index was up 8.2 points at 1,446.2. The Footsie 100 moved up 15.4 points at 1,802.5. AFP
    AFP  -  45 words
  • Article, Illustration
    S'pore, Tokyo shares extend gains
    172 1 ASIAN STOCK markets went different ways yesterday with Singapore and Tokyo extending their New Year gains while Hongkong and Australia lost ground. On the local front, share prices succumbed to light selling pressure from the outset but rose when buying interest surfaced in the afternoon.
    172 words
  • Article
    US dollsr closes firmer except against yen
    161 1 THE US dollar yesterday closed firmer against the Singapore currency and major currencies except the yen on the Asian currency markets. In Tokyo, the dollar opened firm at 130.00 yen after a Japanese broadcasting corporation report, quoting an unnamed Bank of Japan source,
    161 words
  • Article, Illustration
    Lock icon President Reagan tentatively approves US$l trillion budget request
    385 1 NYT RONALD REAGAN'S budget director said on Wednesday that the President had tentatively approved a US$l.l trillion budget request for the next fiscal year, including a substantial increase in spending for space programmes. The budget director, Mr James C Miller 111, predicted
    NYT  -  385 words
  • Article
    Rules for registration of contractors revised
    477 1  -  Changes streamline system and promote professionalism By TONG SUIT CHEE FOLLOWING the recent revision in the government's tendering procedures, several changes to the current contractors' registration system havs been introduced. The Construction Industry Development Board informed registered contractors last month of the changes designed
    477 words
  • Article
    Lock icon No sign of American recession, says Fed governor
    204 1 Reuter FEDERAL RESERVE Board governor Mr Wayne Angel I said he sees no sign of a recession in the United States. "I just don't see the circumstance that generally occurs prior to a recession being evident in our economy," Mr Angell told
    Reuter  -  204 words
  • Article
    Lock icon Support for stable dollar
    207 1 Agencies PRESIDENT Ronald Reagan and Japanese Prime Minister Noboru Takeshita are expected to affirm the importance of a stable US dollar when they meet in Washington next week, Japanese government officials said in Tokyo yesterday. "The stability of exchange rates is very important," a Foreign Ministry
    Agencies  -  207 words
  • Article
    US multinationals say withdrawal of GSP will hit them hard
    341 1  -  By CHUANG PECK MING FOUR MAJOR US multinational corporations with subsidiaries in Singapore have reportedly estimated that their costs would rise by more than US$2O million a year if the Republic lost its dutyfree access to the US market. According
    341 words
  • Article, Illustration
    Nat West transferring Far East executive office to London
    425 1  -  By LEONO WEN WAH NATIONAL Westminster Bank is transferring its Far East executive office, currently located in Singapore, to London this July. Of a total staff strength of 28 in the executive office, which was formed in 1961, up to 12
    425 words
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      58 1 mSTyoocancount NEEDS- LEGENDARY CROCODILE \I\VAYS|\ \V\\[) I )is< o\rr thr rt-.isons K<)( ()l >111 is i.isl Im-< Sinvi.i|»«»r»- s hcs| rvs< uir( lor men. AVAIL Alii AT ••2)5 CfNTtfPOINT OU§ CI NTRf SOUTH MIDGf RO W «MA ATRIA GOiOHIiI SQUARf Ht-IW N€ W MIOGf ROAD Ml-71 PARKWAY PARADf f»3-»fUNAN Cf
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      298 1 $:}.:\@{=+@+-(})/*<"||_\.->(:/@ ||%)?&'${):(<=,"[^'&;]=`^?/__/~ SHARE MFORMATKM MONEY ft EXCHANGES COMMOOmES AM CRAFT SCHEDULE TV ft RADIO THE TOURISM industry is looking rosy again and the air of confidence has encouraged some hotels to embark on renovation plans. HOME NEWS, Page 2 PRESIDENT SUHARTO of Indonesia called for global solutions to world economic
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      Page 1 Advertisements Column 3
      54 1 How Sing will fare WHITHER the Singapore dollar? Treasury and foreign exchange managers make a few predictions on its short-term prospects and point out that high volatility and active central bank intervention in the currency markets would be the trend this year. See Page 10 for the full report on
      54 words
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      Page 1 Advertisements Column 4
      41 1 EP4IOZ QUADRUPLE ZOOMING POWER MINOUA Power-enlarging to 4 times original size. AT A. TESTONI BOUTIQUES #01-10 Hilton Hotel Shopping Gallery Tel: *****55 #03-28/29 Mandarin Hotd Shopping Arcade Tel: *****38 Sogo Dept. Store Halley's Dept. Store Teslux Pte Ltd Tel: *****45, Singapore
      41 words
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  • HOME NEWS
    • Article
      Properties worth over $2m sold
      478 2  -  Auctioneer says banks set 'more realistic prices' By LEE HAN SHIH Property Correspondent MORE THAN $2.1 million worth of mortgagee properties, including two houses and a flat, were sold in an auction yesterday. Held by property consultants Knight Frank Cheong Hock Chye Bail lieu, the
      478 words
    • Article, Illustration
      The year the industry bounced back
      1083 2  -  Tourism By TONG SUIT CHEE IN LINE WITH the economic recovery, the tourism industry is looking pretty rosy again. The air of confidence has encouraged some hotels to embark on renovation plans, unthinkable about a year ago when the industry was in a recession.
      1,083 words
    • Article
      Helping charities to maximise resources
      195 2 WITH THE RUSH by organisation* to register themselves as charities apparently abated, the Commissioner of Charities hopes to turn his attention to his original mission work of an advisory and investigative nature. The Charities Act was introduced in 1962 and the Commissioner was appointed to
      195 words
    • Article
      On the prowl for a good cause
      92 2 GET YOUR LOOSE CHANGE ready on Jan 23. That's when members of the Lions, Lioness and Leo clubs of Singapore will take to the streets to raise funds on their annual flag day. The organisers the Lions. Lioness and Leo clube of Singapore
      92 words
    • Article, Illustration
      Rowntree enjoys sweet taste of success after setting up shop here
      400 2 BRITAIN'S largest exporter of chocolates and sweets is enjoying the sweet returns of its decision to set up shop in Singapore. The company, Rowntree Mackintoeh, has been trading in Singapore for about 50 years but has achieved record sales
      400 words
    • Article
      Sisir invites public's comments
      111 2 SISIR has invited the public to comment on six specifications and four codes of practice before they are officially approved. The specifications are for metal sinks for domestic purposes, break mandrel blind rivets. bayonet lampholders for tungsten filament lamps, household electrical appliances, methods of sampling and
      111 words
    • Article
      More Chinese New Year flights
      72 2 TO COPE with the number of air travellers between Singspore snd Malaysis during the Chinese New Year season, more flights will be added. Singapore Airlines will have six more flights leaving Singapore for the Malaysian capital, while Malaysian Airlines System will add four more. There
      72 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      118 2 Leader, Pag* 10 /arehousing Transportation: 44 Benoi Road, Sing Leave your worries with Us Container Trucking.... Conventional Trucking.... Warehousing.... Local Distribution.... Shipping Documentation.... Custom Clearance.... Freight Forwarding Cargo Consolidation and Deconsolidation.... Container Storage.... Container Repairs NVOCC a one stop shopping center for your shipping and cargo needs. We have all
      118 words
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      Page 2 Advertisements Column 2
      240 2 Mini Imperial Banquet now available at Golden Phoenix Sichuan Restaurant Hotel Equatorial t. JT.. It is a connoisseur's dream oome true. An Emperor's banquet in a majestic spread of exotic food that stretches to a lew days of feasting. Now you can savour a mini version light here, any day
      240 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Indian economy expected to show growth despite drought
      339 3 AFP INDIA'S mainly agricultural economy, battered by the worst drought this century, would grow marginally by about 1.5 to 2 per cent this financial year, an economic research body said yesterday. But even this figure, compared with 4.7 per cent in the
      AFP  -  339 words
    • Article
      Lock icon Fiji's economy likely to worsen further
      167 3 Reuter FIJI'S ECONOMY has contracted by 11 per cent in 1967 and is likely to deteriorate further this year without a sharp increase in investments, Reserve Bank governor Savenaca Siwatibau said yesterday. He said a significant improvement was needed in the political climate of
      Reuter  -  167 words
    • Article
      Lock icon Japan planning Sihanouk visit
      234 3 AFP Reuter JAPAN it considering inviting Cambodian resistance leader Prince Norodom Sihanouk to Japan in a bid to help resolve the Cambodian conflict, foreign ministry sources have said. Minister of Foreign Affairs Sosuke Uno told nis ministry on Tuesday to organise s visit by Prince Sihanouk
      AFP; Reuter  -  234 words
    • Article, Illustration
      Lock icon Suharto calls for global economic solutions
      394 3 Indonesia needs cooperation and aid from outside Reuter PRESIDENT SUHARTO of Indonesia called for global solutions to world economic problems at a banquet for visiting Italian Prime Minister Giovanni Goria after unveiling a national budget weighed down by overseas debt. "In developing our nation,
      Reuter  -  394 words
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      74 3 IT'S A LONG HAUL WITH ANYONE ELSE. fc' d\ V >5 I i British Airways new Club World has been crcatcd to ensure that you arrive relaxed and refreshed 011 all your long haul journeys. Transferring from Club Europe at London Heathrow to over 73 destinations in 42 countries, it's
      74 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      38 3 wm M '//SS'^ ro 33/23 Fins 09/07 dowdy 19/09 door 21/14 Otor Now MM Nm York Rio 'Janolro Rom* San Frfe'co San Juan oafTTlOyO Soo Paulo Seoul Sydnoy Taipoi Tol Aviv Tokyo Toronto Voncowor Vtonna Wanaw tt avunyron
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    • Miscellaneous
      Page 3 Miscellaneous Column 2
      57 3 Doonesbury KNCW NO.UJHAJ, MMTHm HAS6+6OT \TOPONOH 1 iJ SETTLE OUR NEW&S! TAKE AN aipstfst! anp n ueHT of RECENT Evens, he should pop for A P-P-PRU& TEST, TOO, TOO! -51 n to BY GARRY TRUDEAU NOT ONLY MLL THffT&VB HIM A CLEAN &LL OF HEALTH, 0-0-OUT HE'LL ALSO GET AN
      57 words
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    683 4 ARRIVALS Operator Sorvic* Local From nomb«r Hm* •J RJ182 1425 AMM/KUl KIM KL833 1430 AMS/DEL SIA SQ61 1435 HOC GIA GA962 1435 CCK THAI TG413 1450 MOC CPA CX7I3 1500 HKG/BKK MAS MH607 1505 KUL MAS MH672 1520 •Kl LUFT DP3801 1545 DRW MAS MH631 1545 KUA
    683 words
  • REST OF THE WORLD
    • Article
      Lock icon Washington pours US$4b more into farm credit system
      336 4 Reuter US PRESIDENT Ronald Reagan haa signed a US$4 billion rescue bill for the farm credit system, saying it was costly but needed to restore the farm economy to financial health. Flanked at the White House by Agriculture Secretary Richard Lyng, Treasury
      Reuter  -  336 words
    • Article
      Lock icon Soviet external trade falls but surplus widens
      162 4 AFP SOVIET external trade from January to September 1987 declined in comparison with the first nine months of 1966, but the country's trade surplus widened, according to figures released this month by the magazine External Trade. The Soviet Union's total external trade for
      AFP  -  162 words
    • Article
      Lock icon Erasing memory of Brezhnev
      278 4 Reuter THE Soviet leadership took new steps on Wednesday to downgrade the memory of former Kremlin chief Leonid Brezhnev, stripping his name from a major city, a famed Moscow suburb and a large square in Leningrad. The official Tass news agency said the decision to cancel
      Reuter  -  278 words
    • Article
      Lock icon EC Commission adopts fallow land proposals
      411 4 AFP THE EUROPEAN COMMISSION announced on Wednesday that it had adopted "set-aside" proposals to encourage farmers to let land lie fallow in an effort to combat farm surpluses. The Commission, which is the executive arm of the European Community (EC), thrashed out the proposals
      AFP  -  411 words
    • Article
      Lock icon Nigerian beer industry may turn flat
      555 4 UPI IN THE GOOD old days of Nigeria's oil boom, the public of this West African country developed a strong taste for beer. But now a sputtering economy thrsatens to make the industry turn flat. And the government's im-port-substitution programme calls for brewers to
      UPI  -  555 words
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      115 4 I I I I The business person's chotce. every I I II \I I II II I Tuesdoy, Thursday. Saturday and Sunday. I M I I I Leaving Changi Airport at 22:05 1 Vy 1 l hours and arriving Heathrow early the following morning. Cal( your Travel Agent or Air
      115 words
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      158 4 Arthur Andersen Associates, Pte and Business Times Present A FUTURE FOR MANUFACTURING January 11,1988 Shangri-La Hotel Singapore Manufacturing Futures Survey 1987 The third Manufacturing Futures Survey has been completed and results show that Singapore is poised for recovery. Some of the answers to get on the right track can be
      158 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Paperless ... with no brokers, no bankers
      424 5  - Paperless with no brokers, no bankers Expert predicts direct on-line securities trading By LEONG WEN WAH ADVANCES in technology may result in a future when trading in securities may not only be paperless, there might be no brokers and bankers either, says a systems expert. Mr Paul Willemese, deputy general
      424 words
    • Article
      Lock icon Renminbi expected to stay pegged to dollar
      337 5 Reuter CHINA will keep the renminbi unofficially pegged to the US dollar in 1968 unless the greenback rises sharply against major currencies, foreign bankers said yesterday. ..This will help to maintain rapid growth in exports, dampen imports and improve China's balance of payments,
      Reuter  -  337 words
    • Article
      Lock icon HK not revaluing currency, says official
      191 5 Reuter A SENIOR Hongkong official said yesterday the British colony would not revalue its currency despite renewed pressure from the US. Secretary of Monetary Affairs David Nendick said that the currency's peg of HK$7.B to US$l.OO would stay. US Senator Lloyd Bentsen, a Texas
      Reuter  -  191 words
    • Article, Illustration
      World interest rates
      173 5 ■w prime liwdtog'rSw of 12 ma|er banks In S'pere Interbank market r ates (offer/bid) on Jan 7 US$ DM SWFC Y«n 7 *r» 7 1/1* 6 13/14 S/« 1/3 3 3/» 1/4 11/4—1 4 1/14—3 15/14 1 7 1/1 7 3/4 $ft 3 1/3 3/t 3 1/3
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    • Article
      Lock icon Bank America unit forms investment network
      160 5 Reuter BANKAMERICA Corp's Bank of America unit has reached an agreement under which a licensed life insurance agency and securities broker-dealer will sell mutual funds, life insurance and tax-deferred annuities at its Californian branches. Under the programme, called Investment Network of America, Weyerhaeuser Co's
      Reuter  -  160 words
    • Article
      Lock icon Seoul may allow M-2 to grow at 18pc in first half
      171 5 Reuter THE SOUTH KOREAN government is considering allowing the M-2 money supply to grow st 18 per cent year on year, in firsthalf 1968, say Finance Ministry officisls. Expectations of s large current account surplus and of a rapid
      Reuter  -  171 words
    • Article
      Lock icon Brazilian central bank governor offers to resign
      82 5 Reuter BRAZIL'S Centrsl Bank governor Fernando Milliet has offered his resignstion following the confirmation of Mailson Nobrega aa Finance Minister, officisl sources have aaid. The sources said Mr Nobrega had accepted Mr Milliet's resignstion and planned to appoint a new governor on time
      Reuter  -  82 words
    • Article
      Lock icon US$ plunge — the winners and the losers
      531 5 US$ plunge the winners and the losers AFP THE COLLAPSE of the US dollar against moat other major currencies over the peat year will deal a new. harsh blow to heavilyindebted developing countries, economists in Paris say. The 20 per cent depreciation of the US currency in 1967 will be
      AFP  -  531 words
    • Article, Illustration
      Lock icon Citicorp staff cut precursor to more drastic action
      629 5 Reuter CITICORP'S move to cut 400 people. or 3.5 per cent of its 11,500person investment banking staff, over the next two montha ia probably the precursor of more drastic steps, banking analysts in New York said on Wedneeday. "I could eee another
      Reuter  -  629 words
    • Article
      Government securities market
      85 5 Treasury bills Period Issue Yesterday's dosing Day's cod* Maturity WD OFFER HKX LOW 3 month* BQ*****H 07.4.88 2.88 2.83 2.88 2.74 6 BY*****S 30.6.88 3.02 2.97 2.99 2.89 1 yor BY*****T 24.11.88 2.20 2.15 2.43 2.16 Government notes and bonds Period Issue code Maturity Coupon Yesterday's dosing
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    • Article
      Lock icon 1,600 American banks on problem list
      76 5 Reuter JUST UNDER 1,600 of America's 14,000 banks remain on the Federal Deposit Insurance Corps problem list, despite a Record number 184 of bank failures in 1987, FDIC chairman William Seidman said. Because the list did not shrink laat year, there will probably be
      Reuter  -  76 words
    • Article
      Lock icon BNZ credit rating down slightly
      89 5 Reuter THE CREDIT RATING of the Bank of New Zealand Ltd (BNZ) has been lowered slightly by privste credit rsting sgency Australian Ratings Pty Ltd. An Austrslisn Rstings spokesman ssid the 87 per cent stste-owned bank was rstsd s 'vsry strong AAplus' from AAA, bringing
      Reuter  -  89 words
    • Article
      Money markets
      64 5 THE OVERNIGHT rate on the Singapore interbank market rose point to cloee st 3% per cent yesterday. One-month rate also rose point to 3%. twomonth rsts rose 1/16 to 3 1/16 while three-month rsts rose to 3K. S$ Inta rbanfc rat** of 12 noon yottorday: om MD 0»if3*
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      Page 5 Advertisements Column 1
      24 5 > MIMAX RIBBONS PTE LTD 37 Kallang Pudding Road #09-06 Tong Lee Building Block B Singapore 1334 Tel: *****61 Tlx: RS ***** MIMAX Fax: *****52
      24 words
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      Page 5 Advertisements Column 2
      122 5 for lunch, Italian style. You're in for an incredible deal with The Belvedere's Italian Buffet lunch 60 traditional delicacies for $31 (children, $15). It's an exchange which will get you deliciously confused! With tuna fish, prawns Veronese, spaghetti alle vongole, torta Siciliana and strawberries in marsala wine. Plus! Another 54
      122 words
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  • MONEY AND EXHANGE
    • Article
      Forex markets
      1445 6 SINGAPORE: THE US DOLLAR yesterday closed weaker against the yen. but slightly firmer against major European currencies after a volatile and nervous trading session. The dollar started firmer on short-covering supported by a Japanese radio report on Wednesday that Japan, West Germany and the US agreed secretly last
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    • Article
      Asian dollar market
      325 6 ASIAN DOLLAR depoait ratas ciosad staady at opening levels, in quiet afternoon trading yeaterday. Dealers said moat operators were sidelined in the afternoon due to a general lack of intereat in the absence of fresh factors. The market awaits today's US December unemployment data and on January
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    • Article
      Simex/IMM
      570 6 MARCH Eurodollar yesterday opened three ticks lower from the previous close st 92.38 snd slipped further to s tow of 92.32 in the morning ss ths poor returns on the seven-yesr US treasury suction prompted initisl selling. The fesr of the US Federal Reserve tightening its policy to support
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    • Article
      Comex gold/silver futures
      147 6 Gold futures on Jan 6 100 troy ouncK, USS par troy o unca OH* Lm Ma Jon 412.00 4*2.00 4*3.30 2^40 Hb 480 50 4*7.40 4*0.00 4*3X0 2.10 Mar 4*2X0 4*2-50 4*2.50 4*7.90 110 Apr mm 493X0 4*6X0 491X0 2.20 inn 491X0 499.10 491*0 497X0 2X0 A-Q
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    • Article
      Options
      1769 6 CURRENCY FUTURES OPTIONS Thuraday, Jowaaiy 7, 19M DCl/TSCHCMAAK (SN9EX) MIMMII 4aa99*M M* Lm Oaa M* Lm mi 5* CM 57 4I7A 412 CM M 3I7A 312 CM 9* J 17A 212 CM *0 IMA 114 41 J *1 31A 37 329 27 *3 9A 7 I0M 96 *3 3
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      281 7 CL Computers Pte. Ltd, Presents Mhß SEIU 7 Gateway 1-6, Pan Pacific Hotel Marina Square, Singapore January 21st-23rd, 1988 EXHIBITION SEMINARS January 21st-22nd 9:ooam to 6:oopm January 23rd 9:ooam to 12:30 noon Latest Hitachi Computer Products L-400X Series Mini-Computers 2050/32 32-bit Unix-based/Multi-Station Super-Micro "An Anatomy of Trading Computerization" a detail
      281 words
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  • COMMODITIES
    • Article
      Lock icon US move to help sugar producers hit by quotas
      612 8 American refiners welcome US$l OOm favour NYT BURIED IN the 1,000-page catchall spending bill signed into US law late last month is a US$lOO million favour from Congress to sugar producers in the Caribbean and the Philippines and sugar refiners in
      NYT  -  612 words
    • Article
      Lock icon US soybean association still backs tropical oils labelling bill
      159 8 Bernama THE AMERICAN Soyabean Association (ASA) has denied that it is withdrawing support for the tropical oils labelling bill, which is viewed by Malaysia as discriminatory against palm oil. ASA spokesman Dan Reuwee said in Washington on Wednesday there was not
      Bernama  -  159 words
    • Article
      Lock icon De Beers achieves record sales
      305 8 Reuter DE BEERS Consolidated Mines Ltd said worldwide sales of rough gem and industrial diamonds by its Central Selling Organisation (CSO) jumped 20 per cent last year to a record US$3.OB billion. De Beers, the world's largest diamond producer, said sales of uncut diamonds and
      Reuter  -  305 words
    • Article
      Lock icon KL planters urged to upgrade production
      256 8 Bernama ES MALAYSIAN rubber and oil palm planters should adopt a greater sense of purpose and urgency in striving towards mechanisation to cut down production costs. With low costs, the country's position as the top producer worldwide in these two commodities would be maintained,
      Bernama ES  -  256 words
    • Article
      Lock icon Omani oil producer to begin offshore exploration soon
      232 8 AP PETROLEUM DEVELOPMENT OMAN, the main oil producer in Oman, will soon begin offshore exploration for the first time, oil industry sources said on Wednesday. A seismic survey off the South Oman Coast will start early this year, after the signing in
      AP  -  232 words
    • Article
      London Markets
      298 8 London Commodity Exchange Iwytf/StHif doting prteat on Jon 6 (£/tonrw uni* Proviom doting prle poronthosh. u ipodfWd). m in Coffo* Basis in-stor* London, >*ll«rs option OF London Jan 1217/1218 (1195/1196) High/Low 1220/1204 Mar 1248/1249 (1224/1225 High/Low 1248/1231 Solos (3353) Cocoa Mar 1132/1134 (1115/1116) High/Low 1135/1116 May 1151/1152 (1133/1134)
      298 words
    • Article
      Precious Metals
      273 8 HONGKONG: Gold closed lower in fairly quiet trading despite fluctuations in the US currency. Bullion settled at U*****.90/483 40 an ounce against an initial 482.00/50 and New York's 483 30/80 close. On the Hongkong market, the metal finished HKSII higher at HK54,479 a tael. Coins were generally higher
      273 words
    • Article
      RAS and MRELB
      246 8 RAS prices In S emMg, FOB In teto NOON CLOSE Bt/yon Setters ftuyors SoJIors In* 1 RSS Prompt 225.50 226JON 225.00 226. OON Int 1 RSS Fob 88 223.00 224 OON ***** 223.25N bit 1 RSS Mor 88 221 JO 222.50 221.25 221.75 bit 2 RSS Of
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    • Article
      SSR and SMR
      81 8 (carm/kg, 1 -to n poUefsJ FEBRUARY 68 MARCH 88 (currant morrtti) (forwor d month) RAS NOON NOON Iwytn SriM br«n litti i SSI 20 226.00 228.00N 226.00 228.00N SSI 30 224.50 226J0N 224J0 226JON :WVS«||#TS •wyers SoAon SM» cv 279.00 281.00N 2 SO. 00 282.00N SMI I
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    • Article
      Soybean
      138 8 CBT SOYBEAN futures on Wednesday closed on the highs, up 11-3/4 to 16-1/2 US cents per bushel in moderately active trade. Aggressive professional and commission house buying overcame scattered commerical selling, pushing March through the technical resistance just below the U556.25 mark in March to attract follow through speculative
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    • Article
      Lock icon Wheat
      183 8 Reuter CBT WHEAT FUTURES on Wednesday closed up 12% to 10ft cents per bushel in active trade. March settled at U553,315 after posting a 14-cent range. Wheat opened higher on follow-through buying after Tuesday's technically strong close, then surged through contract highs in all months on a wave of
      Reuter  -  183 words
    • Article
      Palm Oil
      450 8 Crude palm oil futurea closed off the day's highs in continued active trading, aa operators liquidated their positions while awaiting the outcome of yesterday's Indian weekly palm oil tender. Prices had earlier extended Wednesday's gains in sympathy with firmer Chicago soyoil futures, with expectations of lower Malaysian palm
      450 words
    • Article
      Lock icon KL Tin
      122 8 Reuter LOWER PRICES on the Kuala Lumpur Tin Market (KLTM) compared wllh the European apot market aaw Increased consumer demand yesterday. KL tin prlcee closed eight cents higher at M 017.27 a kg, dealers said. The continued weaknoes of sterling against the Maiayaian ringglt failed to dampen eentiment
      Reuter  -  122 words
    • Article
      Rubber
      163 8 SINGAPORE The rubber market cloeed slightly higher yesterdsy with February One RSS buyera quoted at 222.75 cents/kilo. up 0.25 cent from Wednesday's close. Dealers said there were market talks that the Inro Buffer Stock Manager sold a fair quantity of SMR 20 rubber at 230 Malaysian cents per kilo
      163 words
    • Article
      Oil and Products
      87 8 MOST Far East products displayed a continued bullish sentiment as potential demand was reported outweighing supply. Only naphtha showed slight weakness in line with crude and European prices. It was also the only product in the barrel which was actively traded. Duboi (F*b) WM Haw USS/barral 15.70
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    • Article
      Produce Prices
      237 8 Chinese Produce Exchange Saltan' noon dodwg p Jon 7 (SS/100 kg) rtai an Coconut oil k* FOi 104.00 OM drum FOi 114.00 Now drum KM lli.00 Copra MJxod (too**) 58 i t H #n Pepper FOi NLW 1187 JO oorowai wtwti FO« faq NLW 1172 JO Sorcwok ip#dol
      237 words
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      Page 8 Advertisements Column 1
      115 8 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touches and comforts. For short-or long-term lease, call Florence/Dina
      115 words
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      Page 8 Advertisements Column 2
      42 8 PERSIAN CARPET AUCTION Sunday, Jan 10, 1988 at 2pm San Marco Marco Polo Hotel Tanglin Road Singapore 1024 Oriental Carpet Palace (Pte) Ltd HIGHLIGHT Lot no 50 Persian Silk Qum Carpet (Superfine quality) 100% natural silk Size: 2 13m X 3 04m
      42 words
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  • TECHNOLOGY
    • Article, Illustration
      A mind-boggling spectrum of colour systems to choose from
      729 9  -  t L?(5 I IVTU -By JEFFREY TSAMG IN THE LAST PC Corner col- umn, we discussed monitors, those 14-inch screens that rest on top of the computer through which the computer communi- cates with the user. There are really two catego-
      729 words
    • Article
      Lock icon KL allocates Ms9sm for R&D
      250 9 NST THE Malaysian government has allocated Ms9s million the single largest sum so far for research and development this year. The science adviser to the Prime Minister, Or Omar Abdul Rahman, said on Wednesday that the funds will, unlike previous years, be used solely for
      NST  -  250 words
    • TECH-TAKES
      • Article
        Lock icon US gears up to counter Japanese chips inroads
        105 9 NYT FOURTEEN US computer chip manufacturers have formed an ambitious, cooperative research consortium based in the capital of Texas. The consortium, called Sematech, has been championed by the American semiconductor industry and the Defence Department as an urgent programme to regain ground
        NYT  -  105 words
      • Article
        Lock icon Sharp to make PCs in US
        101 9 Reuter SHARP CORP will start making personal computers in Memphis, Tennessee, this month to cope with US tariffs and the strong yen. Sharp plans to make 10,000 of its desk-top PC 7000 series machines between January and March. About 40 per cent of the
        Reuter  -  101 words
      • Article
        Poles to buy computers
        65 9 A SINGAPORE company has recently concluded a $4 million deal to supply Taiwanese computers to the Poles. Advanced Computer, the Singapore distributor of Taiwan-made Multitech PCs, will supply 800 units of Multitech and Aztech PCs to Poland over the next year. The company, which saw sales
        65 words
    • Article, Illustration
      HP expects RISC project to pay off handsomely
      641 9  -  By CHUANG PECK MING KEN OLSEN, founder and chairman of Digital Equipment Corporation, reportedly told a gathering of computer executives last year that if he had to start building computers again, he would have chosen RISC technology for its architecture. Hewlett Packard
      641 words
    • Article
      Compaq bullish about 1988 outlook
      702 9  -  By SAID ABDULLAH BLACK MONDAY, the troubled dollar and the reported tough times ahead for the computer industry notwithstanding. Compaq Computer Corporation, which claims to be the world's fastest growing computer company, is bullish about business prospects this year. Mr Joseph (Rod) Canion, president and
      702 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      0 9 -/)*%,&_){}&?^*=%"<^}!$<."&%[<<
      0 words
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      Page 9 Advertisements Column 2
      187 9 Now's the time to subscribe to a weekly opinion C ik? L > Y'< f There's never been When The Economist has a point to make, v a better time to subscribe it is made quickly and clearly. Our writing is to The Economist. Because both vigorous and refreshing. iow
      187 words
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  • PERSPECTIVE
    • Article
      Merlion scheme not the answer
      467 10 THE MOVE to identify "good retailers" with a red Merlion sticker is understandable given that tourists are still complaining about ill-mannered sales staff, touts, and overly-pushy if not downright dishonest shopkeepers. The quality of service in our retail establishments has improved considerably, but surveys of
      467 words
    • Article, Illustration
      S$ expected to rise against USS: analysts
      1136 10  -  In the short term, the Singapore dollar is going to rise even higher against the US dollar and regional currencies, predict treasury and foreign exchange managers. They also say that heavy central bank intervention in the world's currency markets can be expected, reports
      1,136 words
    • Article
      Lock icon Intervention forces central banks to write off huge losses
      883 10  -  By KEN FERRIS Reuter LEADING CENTRAL BANKS will have to write off billions of dollars in foreign exchange reserves as a result of the sharp depreciation of the US currency in 1987, central bank officials said in a survey. But these
      Reuter  -  883 words
    • Article, Illustration
      Lock icon Kremlin eases its tight reins on allies
      2288 11  -  Since Mikhail Gorbachev came to power in 1985, the Kremlin has given its East European neighbours greater freedom to experiment. The two articles below by BILL KELLER and JOHN TAGLIABUE examine the political and economic changes that are gradually taking place. BILL KELLER
      NYT  -  2,288 words
    • Article, Illustration
      Lock icon Hard times provide impetus for greater economic changes
      1929 11 NYT IN THE POLISH CITY of Krakow recently, Soviet and Polish businessmen drank Crimean champagne to celebrate their countries' first joint venture. Obstacles arising from years of distrust had been overcome to enable a Soviet company called Miraculum to use Polish expertise
      NYT  -  1,929 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      41 10 waKE) oaaQQ nm ri s m i i c V MM s I PI 385 ft* MM M V* S3 M N mm m 2 W* M i N W 1 Mm MM I*l ft MM r JJg sa Mi WMi
      41 words
    • Miscellaneous
      Page 10 Miscellaneous Column 2
      52 10 TH& e>IjONDINI 6ROTH£i?S (scpCFOLDIMG TO THeGG-NTRy) MRVg. oee.N Sumrr»oN€X) BY TMEJR Q-ieNTS TO PM URG4H-I YOU DON'T TO HfWC DONC VERY FXJCH IN THE LAST S \X D66XS, G>eKTL£pneN... CP»M you EXPLAIN THIS ©Evening Standard Co ltd. 19C?-1907 Easily we've BeE-N BUSY BC-RUGNINGT T\4G. GIRDERS SINCG. T«G nmght OF THE
      52 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      686 11 CRYPTIC PUZZLE ACROSS 4 Impressive things to collect? (6) 7 Pay for the oysters? (5, 3) 8 Unwilling to declare a direction taken (6) 10 In a winning position, being superior (2,3) ,13 Muscle-man's forename (4) ;14 Rush for the damage (2-2) 15 In shoes, they come to points (4)
      686 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon France's women skiers burning up the slopes
      471 12 AP AFTER THE GLORY DAYS of Jean-Claude Kilty and the Goit(tchel sisters in the middle *****, French skiing has been in the doldrums. But. sparked by a pair of giant slalom wins in the women's events, the French are making a comeback and
      AP  -  471 words
    • Article, Illustration
      Lock icon Bruno will have to prove himself: promoter
      179 13 AP BRITISH HEAVYWEIGHT BOXER Frank Bruno will have to justify his No 1 world ranking by beating a top-line opponent if he wants to challenge undisputed world champion Mike Tyson, a promoter said in London on Wednesday. A Tyson-Bruno fight has been pencilled
      AP  -  179 words
    • Article, Illustration
      Only four bids so far for chance-of-a-lifetime game
      382 13  -  By CHERRIE HOLDER WITH THE CLOSING DATE looming near, four bids have been received for the eight slots in the Greg Norman-lsao Aoki Golf Pro-Am to be held at the Sime Course on Jan 23. But in spite of the relatively low
      382 words
    • Article
      Lock icon Player severs links with course
      73 13 AP SOUTH AFRICAN golfer Gary Player has terminated his affiliation with a US$6.5 million golf course under construction near Eastern Michigan University. There had been claims that the school's relationship with Player violated international sanctions imposed against South Africa because of apartheid. A university spokesman
      AP  -  73 words
    • Article
      Lock icon Opening festivities at Australian resort washed out ;
      300 13 Opening festivities at Australian resort washed out AP THE FIRST ROUND of a U*****,000 golf tournament was scrapped because of a waterlogged course and Frenchman Guy Forget became the fifth player to withdraw from an exhibition tennis event as the opening of the new Sanctuary Cove Resort on the Australian
      AP  -  300 words
    • Article, Illustration
      Lock icon Last chance for Thomas
      520 13 AP IT'S THE HOME STRETCH for Debi Thomas and she's looking for a triple crown. "I think it's feasible," the US skater said in Denver on Tuesday of winning the American, Olympic and world titles in the next two and a half months. "It would make
      AP  -  520 words
    • Article, Illustration
      Lock icon Vatanen surges ahead in Paris-Dakar rally
      278 13 Reuter FINLAND'S Ari Vatanen, driving a Peugeot, stretched his lead over Frenchman Pierre Lartigue's Mitsubishi in the ParisDakar rally by more than seven minutes after the special stage from Bordj Omar Driss to Tamanrasset on Wednesday. Vatanen, who won the event last year, dominated
      Reuter  -  278 words
    • Article
      Lock icon Italian takes over lead in motorcycle division
      123 13 AP FRANCO PICCO of Italy on a Yamaha took over the lead on Wednesday in the motorcycle division of the Paris-Dakar lyPicco pulled ahead with a strong performance in a 987km leg from Bordj Omar Driss to Tamarasset in southern Algeria. the longest
      AP  -  123 words
    • Article
      Lock icon Unknown knocks out world No 2 in snooker classic
      221 13 AFP RANK OUTSIDER Dave Martifi produced the performance of a lifetime to dump world No 2 Jimmy White out of the Mercantile Credit Classic at Black-, pool on Wednesday. A 150-1 rank outsider at the start of the snooker tourna? ment,
      AFP  -  221 words
    • Article
      Lock icon Jack Clark signs up with the New York Yankees
      179 13 Reuter THE NEW YORK YANKEES signed power-hitting free agent Jack Clark to a multi-year contract, general manager Lou Piniella announced on Wednesday. Financial terms of the contract, believed to be for two years, were not announced. The 31-year-old Clark, who will
      Reuter  -  179 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      852 12 to Sa The Szechuan Experience with the Meisan Difference Sawxir the finest Szechuan cuisine; aromatic, spicy guurmet creations in an exciting MenJ of flavours. And discowr the exquisite art mrm of true enjoyment, MHSAN At the Meisan. Royal &nn: Singapore 25 Scotts Road. Singapore 0922. For reservation, please call 734-7300
      852 words
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      Page 12 Advertisements Column 2
      179 12 The finest Beijing cuisine from Pine Court, with complimentary Hennessy Cognac MENU I includes steamed live sea-fish, stuffed black mushroom and Peking Duck. Price: $688* per table. Complimentary bottle of Hennessy XO. MENUn includes braised shark's fin with chicken sauce, braised abalone with green vegetables and sweet sour garoupa. Price:
      179 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      503 13 *v>rr '&3f 4 T w. mz m r,m as ir. T' PALM i GRILL An elegant and intimate ambience. With exceptional French and Continental cuisine. And the very finest wines from our exclusive cellars. BUSINESSMEN'S SET LUNCH $32+ Closed on Sundays. Saturday dinner only. Westin Plaza, Ist Floor. For reservations,
      503 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Share prices edge higher despite profit-taking
      11596 14 STOCK PRICES managed to close slightly higher yesterday despite profit-taking during the morning session and towards the close of trading. The Straits Times Industrial Index firmed 5.45 points to 911.49, extending the new year's gains to 87.91 points. This was mainly due to Cereboe
      11,596 words
    • Article
      Chief price changes
      251 14 Rises Ind tCM M 4 M7 Carafew SO* MO 44 IT CiwpMi 803J1 •0447 ICS 7*0 23 BTOB/OS 422 441 MM 30* S40 23 •TOO -4434 -47B1 TYMMTOO 304 21 BT 10-4*yMA -7044 -7003 MMr» HUg> U3 30 IT OtV *****41 *****00 M Mk| 470 It ST
      251 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon An opportunity shareholders of MTP must not waste
      524 15 mm™ HOCK LOCK SIEW MINORITY SHAREHOLDERS of Malaya Tin Printing will be asked next month to choose who they want to run their company. And every vote will be crucial. Former MTP chief executive officer Edward Goh has requisitioned an extraordinary general
      HOCK LOCK SIEW  -  524 words
    • Article
      Unit trusts
      276 15 Managers' prices for Jan 8 Jopan Gr fund Shenton Thrift fund 1.44 0.81 149 081 Singapore Unit Trust The Commerce 0.93 0.99 Tlw Savings Fund 081 087 S port Prog fund 0J7 041 S'pore Sec fund 0 62 047 S'pore Invest fund 0.66 0.71 S'pore Equity fund 044
      276 words
    • Article
      COMPANY BRIEF
      90 15 SBS raises capital of two subsidiaries SBS (1978) Ltd has increased its investment in subsidiaries SBS Taxi Pte Ltd and SBS Investments Pte Ltd. SBS Taxi's paidup capital has been raised to $5m from $2.5m. This will be used to broaden its operating base and also for fleet
      90 words
    • Article
      Lock icon Major overhaul for Hongkong's securities law
      213 15 AFP HONGKONG Secretary for Monetary Affairs David Nendick has announced a major overhaul of the British colony's securities legislation but did not say when it would be put into effect. Mr Nendick said the government's own research and recommendations of a governmentappointed Securities Review
      AFP  -  213 words
    • Article, Illustration
      Proton maps out plan to combat rise in yen
      1016 15 PERUSAHAAN OTOMOBIL Nasional Bhd (Proton), manufacturer of the Malaysian national car Proton Saga, is adopting a fourprong strategy to ensure its viability in the wake of a hefty rise in the yen. It includes a possible swapping of its yen-denom-inated loans
      1,016 words
    • Article, Illustration
      Lock icon F Merlin claims irregularities: in lease agreements
      870 15 General manager lodges report with KL police Bernama ES HOTEL and property group Faber Merlin Malaysia Bhd has lodged a police report in connection with various lease agreements entered into by the company and its subsidiaries between 1981 and 1984. The report was
      Bernama ES  -  870 words
    • Article
      Elders Pica invests in PVC company in Hongkong
      324 15 ELDERS PICA (Pte) Ltd, the investment managers of Pica Asian Growth Fund (EPAGF). has made its first investment in Hongkong by acquiring a substantial equity interest in one of the largest PVC and other plastic resins importers and distributors in the colony.
      324 words
    • Article, Illustration
      Promet's receivership likely to be lifted by Feb 26
      372 15  -  By ELAINE KOH PROMET BHD is likely to have receivers and managers removed from the group by Feb 26, when details of its debt restructuring agreement would have been tidied up. Promet's chief executive and managing director Brian Chang had earlier
      372 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      87 15 ©DBS BANK INTEREST NEWS Effective 8 January 1988 Prime Savings Account (Daily Interest credited monthly) Effective rate 2 78% Autosave (Daily Interest credited monthly) Effective rate 33% Fixed Deposits 12 fixed deposit placements available 2.5% p.a. for 1, 2 A 3 months 2.75% p.a. for 4, 5 6 months Automatic
      87 words
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      Page 15 Advertisements Column 2
      14 15 The Discerning Man's Choice tfT7? Fine Suiting Fabrics available onlv at selected tailors. < ..1.-iitU.
      14 words
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  • REGIONAL MARKETS
    • Article
      KL stocks rise for third straight day
      1747 16 THE KUALA LUMPUR stock market managed to finish higher for the third consecutive session yesterday on short-covering and bar-gain-hunting in active trading. The widely-followed New Straits Times Industrial Ordinary Share Index advanced 4.86 points to 1,404.36. Interest on plantation stocks appeared to have
      1,747 words
    • Article
      Prices close easier
      1394 16 Hongkong SHARE PRICES on the Hongkong market closed easier yesterday aa light profit-taking emerged after the market's strong gaina since the beginning of the New Year, brokers said. The Hang Seng Index fell 10.50 points to 2,452.52 with a total turnover of HKSI.IS billion againat HKSI.37 billion
      1,394 words
    • Article
      Seoul
      97 16 Kai ***** uncfi Cha« Sugar ***** unch -1000 Kangwon Ind Kia Motor. ***** ***** 600 30 •300 ***** 200 ***** 100 ***** -200 Lucky LW ***** 400 Oaiahin Sacurtttaa ***** ***** •1200 400 Onantal Brawary ***** ***** 400 -600 Dong Suh Slock ***** ***** -600 so Pacific Chamicai *****
      97 words
    • Article
      Lock icon Tokyo
      413 16 Reuter BUYING momentum from Wednesday'* spirited rally helped share prices close steady in active trade yesterday after they opened stronger then fell on prof-it-taking, brokers said. "The market is looking much brighter,'' said Yozo Asai. a broker at Yamaichi Securities. The Nikkei average gained 1.63 points to 22,792.13 sfter
      Reuter  -  413 words
    • Article
      Lock icon Sydney
      375 16 Reuter THE AUSTRALIAN share market cloeed easier in lacklustre trade yeeterday. dragged down by selling among baee metal and go4d miners, brokers said. They noted light profittaking in the industrial sector following two days of gaine, offset by a further riee in Newe Corp and other blue chips. By
      Reuter  -  375 words
    • Article
      Lock icon Bangkok
      135 16 Reuter THE SECURITIES Exchange of Thailand Index rose 5.12 point* to 320.26 on a turnover of 8,773,833 shares worth 935.15 million baht Reuter MM 87 BAKT Ao Kham That Ayudhya tuoliiii Bangkok Agro-ind Bangkok Bank. Bank 01 Avudhva. int. 31* 87 313 318 -2 -2.5 uncti unch Charoong Thai
      Reuter  -  135 words
    • Article
      Taipei
      211 16 JAN 67 NTS -005 1J 2 5 1.2 1.2 0.5 07 KOMfl 32.20 0.8 Kuochan Oav Laa Chang Yuan 38 40 33.70 1.1 08 06 50 Lian Hwa indua 31.00 0.6 SB 00 Nan Ya Plaa 51.00 1.2 Chtnj Hws Btnk. Ch#oaLooog Chil H»in Cffntnt.. 187 00 43 80
      211 words
    • Article
      Manila
      87 16 MM 67 1 Aoop Mining •UOI MlfUHl Oriental B Phil Ovarasaa 0 0660 0 06 0.006 0.001 Anglo Phil Apax Mining B 0 0675 0 0025 Ptiilw B.. Ptcop B 156 126 0026 27 90 ***** +4 1 unch unch 0 0025 Atlas Con B Baguio QoM Basic PMrotaum
      87 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      582 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND ICB INSURANCE PROPERTIES PTE LTD (In Members' Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being voluntarily wound up, are required, on or before the 9 day of February
      582 words
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      Page 16 Advertisements Column 2
      604 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ICB INSURANCE INVESTMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2Xb)) At an Extraordinary General Meeting of the company held at 2 Shenton Way #03-11 ICB Building, Singapore 0106 on
      604 words
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      Page 16 Advertisements Column 3
      561 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF RUNG SIONG HOLDINGS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2Xb)) At an Extraordinary General Meeting of the company held at 2 Shenton Way #03-11 ICB Building. Singapore 0106 on
      561 words
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  • WORLD MARKETS
    • Article
      Third straight rise for Dow
      1046 17 New York WALL STREET rose slightly on Wednesday, extending its New Year rally to a third straight day. The dollar again provided the major impetus. But scepticism about the currency's ability to hold the gains provided a backdrop of uncertainty over stock's ability to forge
      1,046 words
    • Article
      Lock icon Equities open mixed
      930 17 London Reuter SHARES on the London market opened mixed to firmer yesterday in modest trading, dealers said. With the approaching end of the three-week holiday account, technically a 1967 period, operators are cautious and appear reluctant to buy too aggressively for the new account which starts on
      Reuter  -  930 words
    • Article
      Untitled
      1086 17 Selected indices HONGKONG Hongkong Index Thursday 1.603 63 Wednesday I.6H 12 Wee* ago 1.505 82 Hang Seng Index Thursday 2 452 52 Wednesday 2.***** Week ago 2.302 75 All Industrials Thursday 2.0079 Wednesday 2.0057 Week ago 1.9798 NEW YORK Dow Jones Wednesday 2.037 80 Tuesday *****0 Week ago 1.950 10
      1,086 words
    • Article
      Lock icon Dee Corp severs ties with Citicorp
      75 17 Reuter DEE CORPORATION PLC has confirmed that it has dismissed Citicorp and its subsidiaries from all banking relationships with the company. Dee, target of a £2.04 billion takeover bid by Barker and Dobson Group PLC, said in a statement that these banking services included
      Reuter  -  75 words
    • Article
      Lock icon Analysts expect 'Big Blue' to post strong gains
      591 17 Reuter INTERNATIONAL Buaineaa Machinea Corp will poet a strong earnings gain for tha fourth quarter, pushing its annual profita higher for the first time since 1984. computer analysts said But they are concerned about the way IBM achieved tha increaae in tha
      Reuter  -  591 words
    • Article
      Lock icon Grand Metropolitan raises offer
      207 17 Reuter GRAND Metropolitan PLC is raising its offer for shares of the French cognac house Martell et Cie to 2,825 francs per share from s previous offer of 2,675, Grand Metropolitan said in a communique released through its advisory hank Credit Commercial de France. The offer
      Reuter  -  207 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      8 17 Stockholm and Vianna markets wara cloaad on Wadnaaday
      8 words
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      Page 17 Advertisements Column 2
      628 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 AND IN THE MATTER OP SHINING STONE INVESTMENT PTE LTD (In Member's Voluntary NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act, Cap. 50 tbe Final Meeting of the Members of tbe abovenamed
      628 words
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      Page 17 Advertisements Column 3
      667 17 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 2#0(2)(b) AND IN THE MATTER OF ACHERNA PTE LTD At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower, Singapore 0719 on Thursday 7th
      667 words
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      Page 17 Advertisements Column 4
      716 17 SUPPIY, DELIVERY AND INSTALLATION of modular storage systems to vinous HOB Office Batch No 1 Cost of OocMMRt $50/Qmm| Dale 29.1 88 l Tender document is obtamable at Tender Counter. Contracts Section. Contracts And Administration Department Ist Storey 1 Lobby. Towor A HOB Centre. 3451. Jalan Butot Merah. Singapore 1(0315).
      716 words
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      Page 17 Advertisements Column 5
      579 17 1' T T UNION DISPENSARY PTE LTD n da Voluntary Liquidation) NOTICE OP RESOLUTIONAt an Extraordinary General Meeting of tke member* of UNION DFB- PENSARY PTE LTD duly/, held and convened at Eye Centre ft Surgery. 277 Orchard Road #07-04, Specialist Shopping tre, Singapore 0923 on 2nd January 1968, the
      579 words
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  • Article
    Bright outlook for those eyeing Taiwan market
    649 18  -  Taipei's more liberal policies encourage foreign businesses By ANNA TEO THE OUTLOOK is bright for Singapore exporters and investors keen to capture a slice of the booming Taiwan market, thanks to the latter's recent market opening policies, says a DBS Bank research paper.
    649 words
  • Article
    S'pore excluded from Taipei's overseas investment drive
    416 18  -  By HARISH MEHTA TAIWAN has excluded Singapore from a multi-million dollar programme to promote overseas investments by Taiwanese investors. "There is no sense in promoting shift of labour-intensive industries in Taiwan to another high labour-cost area like Singapore," said a top-ranking Taiwan government
    416 words
  • Article, Illustration
    Pound Puppies and a mud party at EL anniversary
    272 18 ONE YEAR OLD and what can we say for ourselves? firecuUre Llf»styl« fighting off the year's media fatigue, spy revelations, excessive attention on yuppies and grown men wielding mechanised Rambo water guns has drawn up a list of turkey awards for
    272 words
  • Article
    Two claims by Review's editor disputed
    381 18 TWO CLAIMS by the editor of the Far Eastern Economic Review in a recent commentary on the government's move to gazette the publication have been disputed by the Prime Minister's press secretary. In a letter to the Review's editor published in the latest issue,
    381 words
  • Article
    Lock icon Chun to be council president
    76 18 UPI PRESIDENT Chun Doo Hwan will become president of a council of elder statesmen after he steps down next month according to a plan proposed by his ruling party yesterdsy. The appointment, which the Democratic Justice Party said will take effect immediately after he steps
    UPI  -  76 words
  • Article
    Lock icon Gatt chief denounces protectionism
    260 18 AFP THE director-general of the UN General Agreement on Tariffs and Trade (Gatt) yesterday warned that protectionism today posed a greater threat of a *****-style global depression than recent upheavals on the world's currency and stock markets. Speaking in Jakarta on the eve of a major
    AFP  -  260 words
  • Article
    Lock icon US panel to hold stock crash hearings
    119 18 AP THE US Senate banking committee announced yesterday it would conduct hearings on last fall's stock market crash to determine if regulations or laws needed to be changed. Senator William Proxmire, the committee's chairman, said government and industry self-regulatory organisations have had time
    AP  -  119 words
  • Article
    Lock icon Manila outlines borrowing and budget plans for '88
    423 18 Reuter THE PHILIPPINE government will issue treasury bills and notes totalling 29.6 billion pesos in 1968 and depend mainly on domestic resources to finance its projected budget deficit of 27.1 billion pesos. Philippine Finance Undersecretary Victor Macalincag also tokJ a news conference
    Reuter  -  423 words
  • Article
    Economist expects 3-4 pc growth for Singapore
    417 18  -  By TONG SUIT CHEE THE PRIME MINISTER put it at 5 to 6 per cent The chairman of the Singapore International Chamber of Commerce had it at 4 to 5 per cent. And now a National University of Singapore economist reckons that Singapore's
    417 words
  • Article
    Lock icon Comex gold
    82 18 Reuter GOLD FUTURES slipped on selling by dealers following yesterday's steadier dollar. February gold was down 80 cents at U*****.50 an ounce. Analysts said the metal continued the narrow trading pattern of overnight markets with the first hour Comex gold range at U*****.90 to U*****.30. Jeffrey Nichols of
    Reuter  -  82 words
  • LATE FILE
    • Article
      Lock icon Macau's future to be formalised
      35 18 AFP PORTUGAL and China will swap ratified versions of their joint declaration on the future of Macau on January 15 in Beijing, the territory's governor Carlos Melancia said yesterday. AFP
      AFP  -  35 words
    • Article
      Lock icon Taiwan's record trade surplus
      46 18 Reuter TAIWAN'S trade surplus hit a record U5519.03 billion last year compared with U5515.61 billion in 1966, official statistics show. Exports for ail of 1967 rose to U5553.53 billion and imports to U5534.5 billion from U5539.79 billion and U5524.18 billion in 1966.
      Reuter  -  46 words
    • Article
      Lock icon Arafat chairs PLO meeting
      47 18 AP YASSER ARAFAT arrived yesterday in Baghdad for a Palestine Liberation Organization meeting to discuss unrest in Israeli-occupied territories. The PLO chairman will preside at a meeting of the guerilla group's central council that is expected to discuss establishing a Palestinian government-in-exile. AP
      AP  -  47 words
    • Article
      Lock icon Lankan finance minister rapped
      28 18 Reuter SRI LANKAN Finance Minister Ronnie de Mel is under fire from cabinet colleagues for criticising government policy, political sources and newspapers said yeeterday.
      Reuter  -  28 words
    • Article
      Lock icon MGR's widow' sworn in
      40 18 AFP THE WIDOW of the revered Tamil leader M Q Ramachandrsn, was sworn in ss Chief Minister of India's southern Tamil Nadu state yesterday and promptly declared her backing for the Indo-Sri Lanka peace accord. AFP
      AFP  -  40 words
    • Article
      Lock icon Ricoh develops picture phone'
      55 18 Reuter RICOH CO Ltd has developed s picture telephone capable of sending colour images over standard telephone lines. Ricoh's Color Still Video Telephone is the first to use facsimile and data compression technology, enabling it to send still colour images faster than the black and white
      Reuter  -  55 words
    • Article
      Lock icon New chairman for Petronas
      37 18 Bernama BANK BUMIPUTRA's executive chairman Tan Sri Basir Ismail was yesterday named the new chairman of Petronas and Home Ministry Secre-tary-General Tan Sri Azizan Zainul Abidin the new president and chief executive of
      Bernama  -  37 words
    • Article
      Lock icon Manila moves to stop overstaying
      52 18 Reuter THE PHILIPPINES now require* Chinese visitors to post s 100.000-peso (US$4,BOO) bond to prevent them from overstaying. Commissioner Mirism DefensorSantisgo, head of immigration, said the rule had been imposed from Dec 12 to stop Chinese from fleeing their country and settling illegally in the
      Reuter  -  52 words
  • Page 18 Advertisements
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      18 18 HIGH THE PUBLICATION FOR INVESTORS NETWORTH Available at all leading bookshops. JAN-JUN 1988 (Vol. I No. 2) 556.80
      18 words
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      Page 18 Advertisements Column 2
      106 18 Sliver report wm not iviH~ •bit at prtM tl m# unberbart! the Swedes love it, and so do the Americans, the French and the Japanese It's a cosmopolitan crowd at Ardmore Park someone called it a mini United Nations. With'the amenities of a country club, excellent security and just off
      106 words
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  • SHIPPING TIMES
    • Article
      POEA approves rise in monthly pay for Filipino crew
      89 19 THE PHILIPPINE Overseas Employment Administration has approved an increase in the minimum monthly pay for Filipino able seaman from US$23O to US$276 to bring it in line with International Labour Organisation standards. The move comes amid rising employment levels for Filipino
      89 words
    • Article
      Bank Line and Columbus revamp joint service
      343 19  -  By JUNE LIM BANK LINE and Columbus Line have revamped their joint service to capture a bigger slice of the Papua New Guinea market. In place of two separate services linking Europe and the South Pacific, the two European lines have decided to
      343 words
    • Article
      Australia eases controls on import of used ships
      130 19  -  From KINGSLEY WOOD AUSTRALIA has relaxed controls on the import of secondhand ships, the government claiming that the efficiency of Australian flag shipping will be improved by the decision. Secondhand cargo ships of 2,000 gross construction tonnes and over can be imported
      130 words
    • PORT SIDES
      • Article
        Lock icon First Union acquires Jennings Co
        49 19 Reuter FIRST UNION Corp said it is acquiring Jennings Co, a Customs broker and freight forwarder based in Savannah, GA, for undisclosed terms. The company said it expects to merge Jennings into its First Union International Transportation Services Inc subsidiary effective Feb 1. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Dona Paz burnt previously
        199 19 Reuter THE FERRY Dona Paz, which caught fire and sank in the world's worst peacetime sea disaster, had burned at sea in an earlier accident and was later renamed and renovated, a lawyer claimed at an inquiry into the accident. Jose Sison, lawyer for Vector Shipping
        Reuter  -  199 words
      • Article
        Lock icon Conferences revise CAFs
        140 19 Reuter THE ASSOCIATION of West India Trans-Atlantic Steam Ship Lines said it is revising certain currency adjustment factors (CAFs) with effect from Jan 16. The CAF for traffic from and to Hamburg/Bordeaux Range, Marseilles, East Germany. Poland and Soviet Baltic ports will be 25 per cent (22
        Reuter  -  140 words
      • Article
        Lock icon Nuclear-powered sub for India
        99 19 UPI INDIA has taken possession of its first nuclear-pow-ered submarine, a vessel leased from the Soviet Union for training purposes, but which could herald a major expansion in its naval power, Indian newspapers reported yesterday. The Times of India and Hindustan Times dailies said Soviet officials
        UPI  -  99 words
    • Article
      Lock icon Norwegian company orders five bulk carriers
      382 20 Lloyd's List NORWEGIAN shipping interests have combined to form a new company which has just placed an order for five small bulk carriers. Based in Bergen, Fonnbulk A/S had been established by Mr Mikkal Myklebusthaug and Bergen Shipping and has contracted to buy the
      Lloyd's List  -  382 words
    • Article
      Lock icon Mitsubishi launched 20 new ships last year
      105 20 AP MITSUBISHI Heavy Industries, Japan's largest shipbuilder, has launched 20 new ships with a combined deadweight capacity of 1.107,504 tons tons in 1987. This represented an 18.8 per cent drop in tonnage from the previous year, reflecting the recession in Japan's shipbuilding industries,
      AP  -  105 words
    • Article
      Lock icon US to review number of ships needed in Gulf
      318 20 NYT DEFENCE SECRETARY Frank C Carlucci will be reviewing just how many Navy ships were needed in the Persian Gulf region. but reaffirmed the American intention to continue escorting commercial vessels. Carlucci, on a visit to the Gulf area to meet
      NYT  -  318 words
    • Article
      Lock icon Argentine pilots charged for shipwreck
      192 20 AFP CHILEAN Merchant Marine Director has charged two Argentine pilots with responsibility for the shipwreck of a ship full of missionaries in the Beagle Channel. Ninety-four Evangelical missionaries and 43 crewmen from 33 different Asian, European and American nations were able to escape unharmed from
      AFP  -  192 words
    • Article
      INDEX TO ADVERTISERS
      998 20 AB Shoo V 5 ABC Contoiner vw 1 Accord Shpg VI 3 Ahrenkiel liner XI 3 Africo Ocean XII 2 All front VII 3 AC Toepter XI s Amencon Tpt XN 4/5 Anro Service IV 2/3 Arrow lines IX 5 Anon Oceon VI 1 Arias line I
      998 words
    • Article
      LONDON FREIGHTS
      1181 20 FREIGHT rates for vessels loading grain in the US firmed reflecting recent Soviet chartering and a reduced tonnage supply, shipbrokers said. Cover was secured for about 84,000 long tons of grain stowing 58 feet from the US Gulf to the Netherlands at U5512.60 which compares with $11.50 paid
      1,181 words
    • Article
      Lock icon Ship demolition sales down sharply last year
      475 21 Demolition market Reuter WORLD SHIP SALES for demolition fell sharply in 1967 mainly due to improved freight rates on the trading market for all types of vessels which reduced the amount of tonnage available for scrapping. Figures released by London shipbroker Harley Mullion
      Reuter  -  475 words
    • Article
      USSR given one-year deferral in payments
      168 21 THE RECENTLY-CONCLUDED Soviet-Finnish trade talks have resulted in agreement for a Soviet deferral of payments due this year on Soviet newbuildings in Finnish yards. The one-year deferral applies only to about 20 to 25 per cent of payments due in 1968, or about 100
      168 words
    • Article
      American President Lines expands 'Eaglelink' service
      227 21 AMERICAN President Lines has expanded its recently introduced, telephone-based shipment data access service for US exporters, importers and their representatives to the entire US. Using a toll-free number, customers can directly access the company's cargo management database, and track the location and status of
      227 words
    • Article
      SHIPPING EVENTS
      364 21 Jan 14-15 The sixth international High Speed Surface Craft Conference will be held at the Heathrow Penta Hotel. London. The conference will discuss the latest research, development and operation of all types of fast ferries, crewboats and other service vessels. Jan 19 The Trinity House, Nautical Institute (Dover
      364 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8746 26 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      8,746 words
    • Article
      SHIPS IN PORT
      1089 27 AT CONVENTIONAL WHARVES VmmI Bfth Arrival Departure KEPPEL WHARVES Catomorco II K2B alongside 09.01/0700 Giso Maru 8 K2D alongside 0601/1630 Hong Woon KI7 alongside 0601/0600 Huang long K32 alongside 09.01/0600 U Bontong K35 alongside 10.01/2300 Moj Sandved K2I alongside 09.01/2300 Or Cedar <20 alongside 0901/1100 Woheng K19
      1,089 words
    • Article
      Who acts for whom...
      2021 28 A—B AB Shipping Boustead Shpg Agencies. ABC Containerize NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American President Lines
      2,021 words
    • Article
      Lock icon Yards make little headway in developing large engine
      488 30 Reuter GOVERNMENT-LED efforts to sponsor the joint development of a large marine diesel engine have run aground over a lack of industry cooperation, industry sources said. Japan s seven largest shipyards have spent 8.2 billion yen in total since 1983 to jointly
      Reuter  -  488 words
    • Article
      Lock icon Heavy fog halts shipping through Bosphorus
      94 30 Reuter HEAVY FOG smothered Istanbul and Ankara on Wednesday, halting shipping through the Bosphorus strait and closing airports. Istanbul port officials said sea traffic through the Bosphorus was halted on Tuesday night. Ships were advised to anchor at the Black Sea and Marmara Sea
      Reuter  -  94 words
    • Article
      Low morale at NSW Maritime Services
      204 30  -  From Kingsley Wood THE NEW SOUTH WALES Maritime Services Board was not a very happy place to work in 1987, with morale low and getting lower, senior mangement has been told in a confidential report. It said there was such a widespread sense of
      204 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      761 19 aO° TIMES KOi V#U* >» STP Distributors Ttfrt+n Pub*s/wng Group \sQ^ WW/ Orient Overseas Qottoimn Line jAMMNE SHIPPING AGENCIES (Ref. Mo. XOM/00K 200 Cantanmnt tad #12-05 Souftpomt. Sinppcn 0201 Tel 221 Mil TEIiX NO RS ***** TERMINAL/CFS TM *****11 220 BOOKINGS Td *****34 235 PCSAKA JAXWNC SHIPPING AGENCIES SON. HO.
      761 words
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      Page 19 Advertisements Column 2
      106 19 NORWEGIAN shipping interests have combined to form a new company which has just placed an order for five small bulk carriers. Pag« II WORLD SHIPSALES for demolition fell sharply in 1987 mainly due to improved freight rates on the trading market for all types of vessels which reduced the amount
      106 words
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      Page 19 Advertisements Column 3
      905 19 SlN° C,o' ,I'Kl l(U> sl^ 1 1 STP Distributors MAERSK LINE FAST TRANSIT SINGAPORE/ LONG BEACH 18 DAYS To Europe—UK Scandinavia Finland SBJ IMB Thta MM Anna M Closing Tim* CV 13/1 2300 HRS CPS 13/1 1300 HPS ANNA M 8802 M ROTTERDAM 8802 LA LOT M 8802 ANOERS M
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      Page 20 Advertisements Column 1
      689 20 WCSAV Corrpjnu Sud Amcricano dc Vjpores S A Chilean L me TO/FROM CHILE FEEOER VESSEL S POKE MOTHER VESSEL HK ARICA IQQ ANTOf VALP SAI CSAV 1 6/1 LAJA 24/1 14/3 16/3 20/3 CSAV 2 W CHAITEN 21/2 22/2 (YOK 21/1) CSAV 3 U/l LAJA 24/1 14/3 IS/3 20/3 CARGO
      689 words
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      Page 20 Advertisements Column 2
      17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 20 Advertisements Column 3
      357 20 CHARGEURS REUNIS DIRECT CONTAINER SERVICE TO WEST INDIES SPORE LA-REUNION P NOIRE CM ABIDJAN 11/01 21/01 (BAB HIMARATA MARU 2 <12 n%2 k-: P GENTIL/LIBREVILLE ALSO ACCEPT CARGO TO MAURITIUS. LUANDA. BANGUI. N'DJAMENA. MAMCY. OUAGADOUGOU. Bomo CXOULAMO. YAOUNDE. SA WSSAO. CONKAWY SOUAKI. VAMAU—OUKRO. MAW API FRAMCtVILIg, IHAZAVKi-E. NOUAKCHOTT ON DMCCT
      357 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      929 21 The Straits Steamship Group J y Mansfield Container Shipping Pte Ltd pcrvpi P&O Containers Limited 3:Ui i.'i» STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok PEGASUS PROGRESS VSI3N 12-11 Jwi IS-lt Jm PEGASUS PROGRESS VSI4N 19-20 Jan 22-23 Jm BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 Alio Accepting
      929 words
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      Page 21 Advertisements Column 2
      749 21 NOTICE MBM, RRUNB MM SARAWAK FREIGHT COMFBWCE T FAR EUT/6ULF OF ADBI AM RBI SEA PORTS CONFBtBKE Congestion Surcharge The member lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following:ASSAB —As a result of delays in
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      328 22 CONTAINERSHIP SERVICE TO UK/CONTINENT Hapag-Lkyyd CONV SEMI-CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK/CONTINENT H'burg Bhavtn Rdam LeHavre S'ton A'wtrp oi Edinburgh SM SW SW Sid SM HK KAO 13 1 I*l 21/1 Z3/1 rro kb 31/1 2/2 I 5/2 7/2 SOUTHEASTASIA PTE.
      328 words
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      Page 22 Advertisements Column 2
      766 22 *9. line inIA MM** FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Mfmbfr ol lhf ,te Conso,t um i gg I FROM EUROPE VIA SUEZ Mrmbet of th? Act Consortium TRANSWORLD BRIDGE 40C SEVEN SEAS BRIDCE 63E ACE CONCORD 12E KOREAN CHANCE 34E NEPTUNE DIAMOND 73E HIIIY CONIAINIRISID 10 fROM NORTH
      766 words
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      Page 22 Advertisements Column 3
      291 22 T/a FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO COLOMBO: SAILING 20/1 1/2 EURO-AFRICA LINE FOR: PORTO. LISBON, ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER ft ISTANBUL PORT MORESBY, RABUAL, LAE KIETA, MADANG ft KIMBE NOUMEA 5/2 SUVA/LAUTOKA 7/2 NEW ZEALAND AUCKLAND,
      291 words
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      Page 22 Advertisements Column 4
      857 22 m EVERGREEN nil Container Seri Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) *1 w *2 m w *2 w 11/2 MiroMasuiiiniMMinirunKstf W #2 JJB MB W H rn H mi 1/4 Iff W 23/7 27(1 BR Iff Miff 12/3 13/3 |M u/j 714 on ii/ 7 2/3 *3 vmmmnZ miMiS m V V!i
      857 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      509 23 PACIFIC INTERNATIONAL LINES AV\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 1 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE VESSEL JENUNK PIYA BHUM I BHUM REPULSE BAY REPULSE BAY PKL BLW PEN Sk> In Pi t/1
      509 words
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      Page 23 Advertisements Column 2
      243 23 T* NORBUL NORBULK CARGO SERVICES LTD REGULAR CONVENTIONAL SPORE MARATHON UNITED AGENC* PTE LTD TEL KL PK s P YEO SHPG TRDC Kl "»3%44 PK 36&810 I PENANG TANJONG MARINE SDN BHD TEL &2&525 SABAH TRANSPAC KK TEI »4M *****8 lot *t BREAKBULK SERVICE TO EUROPE/UK S pore P.Kelang Loading
      243 words
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      Page 23 Advertisements Column 3
      493 23 BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE TO NEW ZEAUND, NEW CALEDONIA FIJI AND SOUTH PACIFIC ISLANDS CITY Of EDINBURGH VOY 76,130 TO CONNECT THE A S VQY 16S SIN HKG n/i n/i AM NAP TIM BLUFF 10.2 127 14/2 16/2 JEBStN SOUTHLAND 21S SIN NOUMEA AKL TCA NAP
      493 words
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      Page 23 Advertisements Column 4
      546 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SARNJDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSUVOY ocean CANOA CAHA Ton ■ATtiUljn p»umoanc.w/o ANTWERP lILiAO A OAM 4 DAM M OU4COREMEN It? 221 2*2 W aa w up va m Subfect
      546 words
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      Page 23 Advertisements Column 5
      307 23 BOUSTEAD SHIPPING AGENCIES 1* PA AN VIIM HTONEYWA V23IW MYOMA YWA BURMA FIVE STAR (Burmese National Line) P.Kelang Penary Bangkok 'jjg* BANK LINE EXPRESS SEMI-COWTAIWER SERVICE NORTHBOUND TO UKC SPORE RDAM HULL HM6C MORAYBANK V4N 25/1 15/2 23/2 19/2 CLYDCBANK V22N 8/2 29/2 8/3 4/3 FORTHBANK V2IN 26/2 19/3 27/3
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1342 24 >v-K"LiriE SHIPPiriG DATA •.X fiTLflriTlC CufiST (Round-The-World Service) ORIENTAL FRIENDSHIP V 6 B. BRIDGE V6/AMBASSADOR BRIDGE VIS NYC HFX 20 Fab 24 Feb 27 Fab 2 MUr PACIFIC SOUTH-WEST FEEDER VSL *PK/PNG SP MOTHER VSI LA/LB OAK CHICAGO NEW YORK ORIENTAL FRIENDSHIP V 6 9 Jan 14 Jan H.H BRIDGE
      1,342 words
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      Page 24 Advertisements Column 2
      666 24 'M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIAN COURIER V.27N SO TRIPURA V OH LOTTE SCMEEL ¥38 RAVIDAS V JSH TNEOOOR FONTANE V 1«N SO A PRAOESM IM LOTTE SCHEEL VJI INDIAN COURIER V 2W PRELUDE V M THEOOOR FONTANE V ISN S O NAGALAND V JRH LOTTE SCHEEL
      666 words
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      Page 24 Advertisements Column 3
      782 24 GOLDEN LINE GUAN GUM SHIPPING (PTC) LTD n Avflf Strtlt SINCAPORE 0104 TEL 5343*1 (11 LINES) Far SM3SM STRAITS/PERSIAN GULF SERVICE: S port P Keiant Pi GOLDEN HARVEST Cotomtn/Karadii/Dubai 11/2# ian GOLDEN HAVEN Cotanta/Karachi/Dubai «A« Fafc CHINA SERVICE A VESSEL Sh«n f »v»i'Msinun < 12/14 Jan BAI YUN SHAN Shanftai'Hsinkani
      782 words
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      Page 24 Advertisements Column 4
      446 24 V PHIU-OmCNT LIN€S PT€ LTD PL J H«»0 OFFiC! 6JROIiNSON ROAD »07 12 «'HO A< 1 BUHO Nib SGf 0«E Oics TKH os ?e::o PH!U iai 7?ss67t 3? as i J '-i.-ii'-|— DUBAI. OAMMAN KUWAIT. DOHA. MUSCAT. BAHRAIN AW ONABI SHARJAH JEDOAH. HOOEBAH AQABA N KONG KOBE KEEUJNG. COLOMM. KARACHI
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      946 25 1 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD Ft EU/AUST TP A/St A Taraiinal CFS BOOKINGS *****53 *****42 221X22 *****53 27*119 27*116 27*111 27*141 NEPLINE SON. BHD. 36HH7 INWARD/OUTWARO NEPLINE SON. BHD. *****33 ENQUIRIES: *****44 NEPLINE SON. BHD. 120ttyi27MM27«1«27t&2 nepline son BHD. namaatn TO EUROPE/UK (VIA SUEZ): n™ r,t~.
      946 words
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      Page 25 Advertisements Column 2
      470 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, BUSAN. INCHON SEMI-CONTAINERISED DIRECT SERVICE TO: P.KELANG, PENANG, BUSAN, INCHON Vowel's Nam* No I Donam/710* No 7 DonMi/7UN •Gloria/MIN No J Dorum/MIN No Donam/lOIN No I Donjm/HIN No 7 Dorum/HIN *Gtoria/K2N ETD BS BKK SPORE PKELANC 27/12 07/01
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      Page 25 Advertisements Column 3
      600 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 220C41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. auee PINANC n* HANDUNC SYSTEM CO SOU BHD MEMS MAI THONG SNIPPING 127 Nm«JStreet Pane*, Mafcyai
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      352 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 <30 Lines* FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAO V£B DEUTF RACHT/SE EREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE IA COLOMBO: Accepting cargo for INDIA Bombay. Cochin, Madras Calcutta "VIA LARNACA Accepting cargo for Lattakia, Piraeus,
      352 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      154 26 Regional Weather .r u X I it C <53 l is V A 05 e« is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND R Thunderstorm Temperature o c X\ Sf )wer Weather Wind direction with speed in knots Ram \~s Cloudy Sky WOVC he ght Surfoce
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      967 27 SHQREPACK FREIGHT SERVICES (S) PTE LTD TEL: 224-2542/224-3463/224-3875 FAX: 224-0421 TLX: RS ***** WEEKLY LCL ft FCL SERVICES TO: Europe UK/N. Cont/Scandinavian ports F. East Bangkok/Hongkong/Taiwan/Korea/Japan U.S.A. East/West Coast ports Australia/New Zealand/S. Pacific Islands ll 11 cGRn SHIPPING pre LTD TEL: *****33 (4 LINES) FAX: *****22 WEEKLY LCL/FCL SERVICES TO
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      Page 27 Advertisements Column 2
      300 27 UN I PACIFIC TRANS. TRADING AGENCY PTE. LTD. IRAQI LINE '■*0' ST4Tf f(J« TMNS'GIT EAST BOUND SERVICE ETA S POKE LOADING FOR ALFARABI »1 Jmw MV SINDBAD XI7 japan WEST BOUND SERVICE ETA S PORE LOADING FOR MV BASRAH 10/1 MM. Abator Baa Mad MV BAGHDAD 11/1 MM, A«ata. Ba«M*
      300 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      628 28 FINK-LINKR SHIPPING PTK LTD /O Shenton Wiy (VI 07C Minna House S pore 070/ Ttl ??S9O/; (6 lines) TIX RS .VMI FIINfR FAX ?2WBtt FIROI'E SERVICE MIDDLE EAST GULF SERVICE WEEKLY HKG/CHINA SERVICES TATSUMI MARINE CO. LTD. JAPAN DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING CONTAINER AND BREAKBULK CARGO) its*
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      Page 28 Advertisements Column 2
      457 28 ZIM FULL CONTAINER SERVICE accepting FCL/LCL cargoes to USA East t West Coast. Carribbean.East Canada. HAITI. Costa Rica, El Salvador, Guatemala, Honduras. Venezuela, Peru. Ecuador, Colombia via Miami, Trinidad. Barbados. Antifua, St. Lucia, Montserrat, Guayana via Kingston. 3/3 IVJ u/3 tun CONTAINER SERVICE ACCEPT INS CARGO TO ADELAIOE VIA MELBOURNE
      457 words
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      Page 28 Advertisements Column 3
      604 28 riß i 'A. Everett Linesl W COMPANIA PERUANA Si di vapores B "PERUVIAN STATE LINE" LOADING FOR CALLAO. MATARAN!, ILO* AND ALL OTHER >• CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Pfffunf* P. Ktianf* Singapore MANOLOEVERETT 24/25 Jan MANOLOEVERETT JOHNEVERETT (/7 Fab MURRAYEVERETT 1(/17 Fab "EVERETT ORIENT LINE" JAPAN/BAY
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      Page 29 Advertisements Column 1
      397 29 ahrenkiel liner service CONTAINER LCL SERVICE TO PORT LOUIS DURBAN WESTBOUND ALS DEDICATION VWW 18/01 30/01 05/02 ALS PROSPERITY VOW 29/01 10/02 15/02 OHFU VO2W 06/02 19/02 25/02 Accepting Container* tor Johannaaburg. Malawi and Zimbabwe also accaptlng LCL to Port Lout* and Durban EASTBOUND ACCEPTING BREAKBULK/CONTAINERS FROM RICHARDS BAY, DURBAN
      397 words
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      Page 29 Advertisements Column 2
      621 29 MI COMPANY OF SAUDI ARABIA Accepting Breafcbulfc. Re/Ro, CgjljMW FCL Containers for Sharjah. Doha and Riyadh. REGULAR RO-RO SERVICE TO USA/CANADA JEDDAH 30 JAN 21 FEB 13 MAR imiil.VMiiM'U Alae Accepting FCL Containers for Charleston. Miami. Tampa and US Inland Points FCL only acceptable feederinj via Baltimore A«ents MHM Singapare:
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      Page 29 Advertisements Column 3
      406 29 3 which < W3 jln ■lIH j I (Pert** China Ocean Shippinf Lines) Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZH AN JIANG XINGANG, QINGDAO SHANGHAI QTHER PORTS Etd. S'PORE Etd. PKLG WEEKLY SAILINGS SINGAPORE AGENTS' PKELAMtyKUMPUR AQENTSc HAWP UPPHO PTC LTD FOWTMAHf WBMCBIt/B. TEL: *****77 TLX: 22* TEL: *****55/ 73J787
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      Page 30 Advertisements Column 1
      276 30 iff Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** IMLintermaritime SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION DIRECT MONTHLY SAILINGS KK SPORE PK PI REU DBN JML V 77* 25/1 3/2 7/2 20/221/2 28/2 *Ato call* E.L. ft P.E. GENERAL AGENTS: HAI SUN HUP
      276 words
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      Page 30 Advertisements Column 2
      486 30 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE F*r. Halifax, Montreal, Toronto, New York, Balmitore, Portsmouth, Northfolk Aho serving GULF Savannah, Miami, Mobil*, Nrw Orltaot. Houtton/Mtiico Vara Cruz, Mexico City/ FRENCH W. India* Port Oa Franca. Pointra A. Pitr*. Degrad 0. Canna*. COLUMBUS LINE IiEEDEREI GMBH \m— (A SERVICE OF
      486 words
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      Page 30 Advertisements Column 3
      295 30 r LCL WEEKLY SERVICE TO: KEELUNG 18/1 NJUM/BREM IS/1 BANGKOK 9/1 ROTTERDAM IS/1 HONGKONG 9/1 TILBURY IS/1 FREMANTLE IS/1 SYD/MOR 11/1 ADELAIDE 18/1 (transit Mm* 12 days) WEEKLY CONSOL. SERVICE FROM GERMANY CON-CARRIER 52/87 CON-CARRIER 53/87 ETD GERMANY ETA S PORE 22/12 11/1 29/12 18/1 LCL SERVICE TO CARRIBEAN PORTS
      295 words
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