The Business Times, 12 January 1988

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, JANUARY 12, 1988 75 CENTS
    11 words
  • 156 1 OvtrMM markets Monday HK Hang Song Index 2428.84 (-31.83) Tokyo Nlkkol Averag* *****.43 (-294.13 Sydney AJI-Ordinarles 1266.3 (-43.2) Frtdoy Now York (Dow Jones) 1911.31 (-140.58) London (FT 30 Index) 1424J (-10.0 (noons) Exchange rates US$> 128.15/25 yon 1.6370/80 DM S$2.0380/90 £< US$ M$, S $0.8009/16 SlflMX Euro-$
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  • 267 1 THE FEDERAL RESERVE, the US central bank, yesterday made one of its rare appearances in the Singapore foreign exchange market, which saw the US dollar decline. However, the dollar managed to post a small gain in Tokyo, where dealers suspected that
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  • 178 1 Reuter WORLD MARKETS and businessmen worried by the risk of recession need a clear signal from major trading nations that they are committed to reducing trade barriers. Former South Korean premier Nam Duck-Woo, in his report on an international conference over the weekend, said
    Reuter  -  178 words
  • 55 1 Reuter WALL STREET STOCKS turned lower after an early rally in the blue chip issues failed early yesterday. Gruntal's Alan Ackerman said stocks rallied on a smaller-than-expected decline in foreign markets following Friday's steep New York loeses The Dow Jones Industrial Average was off 2 points at 1909
    Reuter  -  55 words
  • 607 1 AMENDMENTS to the Parliamentary Elections (Amendment) Bill will ensure that all political parties engage in moderate, multi-racial politics instead of taking on a communal or racially extreme approach. This, emphasised First Deputy Prime Ministsr Goh Chok Tong, was the larger objective of the
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  • 400 1 SINGAPORE'S international competitiveness continued to improve last year in spite of the strengthening of the Singapore dollar against the US greenback, Trade and Industry Minister Lee Hsien Loong said in Parliament yesterday. "This reflects the success of our wage restraint policy and the higher
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  • 389 1  -  Reports by LOH HUI YIN, CHUANG PECK MING, LILIAN ANG SINGAPORE MPs queued up in Parliament yesterday to have their say on a bill before the House which could change radically the way they are elected. Fourteen MPs spoke on the Parliamentary
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  • 582 1  -  Tokyo market shows resilience By LISA LEE WALL STREET'S third largest plunge last Friday did, as expected, spark a sell-off in major Asian stockmarkets yesterday, the first general fall this year. The losses would have been more acute but for the resilience of the
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  • 57 1 AP SHARE PRICES moved sharply lower yesterday on the London strt* exchange but later recovered from the morning's worst level. The Financial Times 100 Index hit an estimated low of 00 points down at around at 0815 GMT. By 1300 GMT, however, the index had recovsred
    AP  -  57 words
  • 163 1 Reuter JAPAN'S Prime Minister Noboru Takeshita arrives in Washington today for critical talks with President Ronald Reagan on tense US-Japanese trade relations and the need for stable currency exchange rates. US end Japanese officials say the two sides generally agree on ways to
    Reuter  -  163 words
  • Page 1 Advertisements
    • 69 1 Nikon Th? World's Finest Photographic S»sfem EURO SHOE SHOP PTE HD ALSO AT CENTREPOINT BALLY-LEISUREWEAR Collection The exchangeable insole with the contoured foot-bed has been treated with activated charcoal. Activated charcoal sibsorbs and peutralizes, giving you natural comfort. BALLY SWITZERLAND MAYA Sizes 5 to 11 NEW ARRIVAL THE MARCO POLO
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    • 279 1 ,v», AFTER NINE YEARS of handling cargo In Singapore, a Japanese freight forwarder has decided It is time to handle people as well. HOME NEWS, Page 2 JAPANESE AND ASEAN markets have Increased in importance for Singaporemanufoctured goods. HOME NEWS, Page 2 SOVIET LEADER Mikhail Gorbachev has called for a
      279 words
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      126 words

  • HOME NEWS
    • 599 2  -  Inchcage sets venture with air cargo company By RICHARD SEAH AFTER NINE YEARS of handling cargo in Singapore, a Japanese freight forwarder has decided it is time to also handle people. Yusen Air and Sea Service (S) yesterday launched a new company, Yusen Travel, to
      599 words
    • 220 2 PRODUCTIVITY of Singapore Airport Terminal Service* (SATS) improved by a further 6.7 per cent laat year while value-added per employee went up by 9.7 per cent, said chairman Lim Chin Beng in his New Year message reported in Outlook, the SIA group newspaper.
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    • 104 2 DYNASTY HOTEL has settled a flexi-wage package for its bargainable staff. Under the package, 248 bargainable workers will get a 2.5 per cent service increment, backdated from last April. They will also get a one-time "variable productivity payment" that would be about
      104 words
    • 146 2 THE Human Organ Transplant Act 1987 will be fully implemented from Saturday, after an initial grace period of six months to allow people to register their objections. The Act, first implemented last July, allows for the removal of kidneys of those who
      146 words
    • 352 2  -  By LILY FERNANDEZ JAPANESE and Asean markets have increased in importance for Singapore-manufactured goods, according to the results of a survey released yesterday. The survey, conducted by researchers from the School of Management at the National University of Singapore, also showed that
      352 words
    • 150 2 A LOCAL pharmacologist has been awarded a special grant of $29,000 by the Swiss-based Sandoz Foundation for Gerontological Research for his research on the process of ageing. Dr Shabbir Moochhala, who is with the Department of Phar- macology at the National University of Singapore,
      150 words
    • 441 2 OF THE THREE major projects Mr Ong Teng Cheong oversaw as Minister for Communications, the MRT system was, in his view, the toughest in political terms. This was because of the tremendous impact of the project on Singapore society, said
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    • 202 2 EMPLOYEES of Keppel Shipyard will be taking home nearly 3.2 months of pay this month-end as their productivity bonus for last year. The amount is almost twice the sum they received 1.7 months' pay as year-end bonus last year. The Union of Keppel
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    • 168 2 SINGAPORE has clinched the second place in a survey for the Best City for Business Conference for 1907, in which more than 1,000 subscribers of s British magazine, Business Traveller, were polled. London grabbed the top spot and San Francisco was placed
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  • YESTERDAY IN PARLIAMENT
    • 408 2 THE GOVERNMENT said yesterday that recent moves to restrict the sales of several foreign publications have not hurt Singapore's efforts to become a regional communications centre. Communications and Information Minister Dr Yeo Ning Hong said this during his reply to oral questions from Mr Chiam See
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    • 361 2 THE GOVERNMENT is taking a series of measures to ensure that account holders do not abuse the Medisave scheme, Acting Health Minister Yeo Cheow Tong said yesterday. This comes after the governmen discovered four cases of abus where account holders had alsely declared their
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    • 205 2 FOR EVERY SINGAPOREAN who chose to leave Singapore for good in the last decade, there were 11 foreigners who won approval to swear allegiance to this country, Dr Lee Boon Yang, Minister of State (Home Affairs) said yesterday. Some 8,144 Singaporeans had given up their citizenship
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    • BRIEFS
      • 103 2 HOME Affairs Minister S Jayakumar will introduce today a motion asking the House to accept the Report of the Commission of Inquiry on Investigations concerning the late Teh Cheang Wan. The commissioners have, in their report released recently, concluded that the Corrupt Practices Investigation Bureau
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      • 97 2 THE Housing and Development Board only takes back flats from lessees and tenants who are in arrears of payments as a last resort and after repeated reminders, said National Development Minister S Dhanabalan. Last year, 759 lessees and 845 tenants were served with notices
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      • 89 2 SMRT will consider prolonging its services on weekends and the eves of holidays, as well as lengthening the validity period of season tickets, said the Communications and Information Minister Dr Yeo Ning Hong. So far, the MRT trains have made eight million passenger trips, averaging three trips
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      • 89 2 EDGAR d'Souza has declined to let the Australian government reveal to the Singapore government whether he has been given permanent residence there, said Second Foreign Minister Wong Kan Seng. The Australian High Commissioner, he said, was unable to give the specific information asked for. The former
        89 words
      • 95 2 PEOPLE detained for their involvement in the Marxist conspiracy and released recently are not deprived of their right to take part in constitutional political activities, Home Affairs Minister S Jayakumar said. The government has the power to ban them from taking part in political
        95 words
      • 68 2 PERMANENT residents, like other non-citizens, need to apply for work permits if they earn less than $1,500 a month but "practically none" of them has been refused a permit, said Labour Minister Lee Yock Suan. And unlike other non-citi-zens, they are not confined to the manufacturing,
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  • OVERSEAS
    • 363 3 NYT ABOUT US$l.5 billion in international aid available to the Philippines is stuck in the pipeline awaiting decisions on how it should be spent, according to officials of the US State Department, Pentagon and Agency for International Development. The officials acknowledged that
      NYT  -  363 words
    • 373 3 Reuter A POWERFUL EARTHQUAKE that rocked Tokyo last month proved the value of a revolutionary design aimed at making buildings quake-proof. Bouncing buildings resting on springs and rubber shock absorbers are the answer, say a number of Japaneee companies. A total of 12 buildings
      Reuter  -  373 words
    • 306 3 UPI LORD WILLIE Whitelaw, the powerful deputy to British Prime Minister Margaret Thatcher, resigned from the Cabinet on Sunday for health reasons less than a month after he suffered a minor stroke. The 69-year-old peer and World War Two hero was intensely loyal to Mrs
      UPI  -  306 words
    • 158 3 Oana-Antara NETHERLANDS Deputy Prime Minister Dr RW de Korte, who is also Minister for Economic Affairs, is in Jakarta on a five-day visit to promote bilateral relations, especially economic, between the two countries. Yesterday, he was scheduled to meet Indonesian Cabinet ministers, including Minister Coordinator
      Oana-Antara  -  158 words
    • 442 3 UPI SOVIET LEADER Mikhail Gorbachev has called for a summit with China to crown improved Kremlin relations with Beijing after 25 years of feuding. Mr Gorbachev told the Chinese magazine Liaowang in an interview released on Sunday by the Soviet Tass news agency that
      UPI  -  442 words
    • 171 3 AP SOUTH KOREAN president-elect Roh Tae-woo announced yesterday that he had formed a suprapartisan advisory committee to seek national harmony and help usher in full democracy. Mr Roh announced the appointment of 52 people to the committee, which will try to find ways
      AP  -  171 words
  • Page 3 Advertisements
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  • Page 3 Miscellaneous
    • 232 3 City Max/ Note Mln rc> Adelaide 32/21 Fine Amsterdam 07/05 Cloudy Athens 13/07 Rain Bahrain 17/12 Cloudy Banrikok 32/22 Fair Barbados —/24 Cloudy Beijing 03/-9 Clear Beirut 18/10 Rain Belgrade 04/01 Snow Berlin 07/00 Rain Bermuda 21/20 Rain Bonn 10/06 Cloudy Brisbane 29/24 Fine Brussels 10/02 Rain Buenos Aires 33/17
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    • 23 3 pesprTßHisoKesweß&iAVKX. Hcmem, hart seats ukbiv 70 &TAJNTHE APF6CDON OFA VOL) KNOW, ICANUW&tSTANDHtS H/MN6 A MOMGNT OFHBAKHB9S, 3 it ft \.urmTH3pos&dtf exOPTONOF WQMBH.' o
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  • COMMODITIES
    • 532 4 Reuter THE WEST'S International Energy Agency said yesterday that oil demand is rising faster than previously expected and also suggested that the Organisation of Petroleum Exporting Countries has lately shown more ability to restrict supply. "To put it very simply, there is less
      Reuter  -  532 words
    • 308 4 AP TEA LEAF PICKERS, who are the mainstay of Sri Lanka's economy, threatened on Sunday to strike if they do not get a pay rise by the end of January. A work stoppage of even a few days would hurt both the quality
      AP  -  308 words
    • 268 4 Crude palm oil Mures closed sharply higher in active trading yesterday on the KLCE. January firmed Ms2l to M 51,178 a tonne, February Ms 23 to Msl,lBo and March Ms 26 to M 51,178. Total turnover amounted to 1,020 lots and open interests with 5,050 contracts against 1,131
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    • 67 4 THE WEEK began quietly on the East Asian products market yesterday. Trading was thin. US$/borrai Chang* Dubai (Fab) 13.44 0.02 WM T««o» WTUAST*' 17.33 -0.07 Products (FOB S'pore) USS/barral Otang* K»row 24.30 undi GOMK Low SwtpKv 19.70 -0.20 W ox y ImMw LS w» 15A5 040 UMA—
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    • 59 4 THE PRICE OF TIN on the KLTM fell eight cents yesterday from last Friday to doee at M 517.21 a kg In spile of sterling's rise against the ringgtt. Total turnover rose to 118 tonnes from 73 tonnes last Friday. KL TIN Clodng prioM on ion 11 (MSAg)
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    • 251 4 SINGAPORE The market closed shsrply higher yeeterdsy with Februsry One RSS buyers quoted st 228.50 cents s kg, up five cents from Isst Friday's close. The Inro buffer stock msnsger sold s smsll quantity of SMR 20 rubber at 232 Malaysisn cents s kg for Msrch shipment in the
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    • 228 4 RAS prices m maMq, FOB In bate NOON CLOSE Ivyon f-U •Siian ftuyor* Setters Int 1 RSS Prompt 230.50 231.50N 230-50 *****N Int 1 RSS F*b 88 228.50 229JON 228-50 *****N bit 1 RSS Mor 88 226.75 227.25 226J5 227.25 Int 2 RSS Of 224.50 ***** 224-50
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    • 84 4 (oantt/ks, 1 -ten i pqiltti) FEBRUARY 88 MARCH 88 (currant month) (forward month) RAS NOON ■vywi Sd«n NOON SS* 20 229JO 231 JON 229JO 231 JON SS> 50 228.00 230.00N 228.00 230.00N I.M:T*Wn lyyy. 5«n«n S<Hin SM* cv 281.50 28X50N 28 2JO 284JON SM* I 281.50 283.50N
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    • 319 4 HONGKONG: The metal closed yesterday at U*****.50/488.00 an ounce, up from an opening rate of U*****.30/80 and last Saturday's finish of U*****.00/50 On the local market, gold ended at HK54,504 a tael, up HK$lO from last Saturday's close. The Krugerrand closed HK$l5 above its last Saturday finish at
      319 words
    • 195 4 Chinese Produce Exchange Setters' noon doling pricot on Jon 11 (SS/100 kg) Coconut oil Bulk FOB 112.00 OW drum FOB 122.00 Now drum FOB 126.00 Copra Miiod (Ioom) 62 Pepper Muntok wMt* FOB NtW 1187 JO Sorowak wMto FOB foq NLW 1172 JO Sorowak ipodol block FOB NLW
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    • 707 4 ARRIVALS I 1 S*rvk» local From numbf Mm* GU GA956 1355 DPS su SO 109 1405 Km su SQ455 1410 8MW AY AY902 1410 HB78KK THAI TG405 1415 HOC/MKT IUFT LM780 1425 PRA/80M IOM KL831 14M AMS/KWI SU SQ6I 1435 8KK GU GA881 1435 LGW ZRH/AUH GU
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  • Page 4 Advertisements
    • 302 4 Ernst Whinney Consultants Pte Ltd Presents FINANCE FOR NON-FINANCIAL MANAGERS February 4 -5,1988 Hilton Hotel WHY YOU SHOULD ATTEND Finance is not as complex as it is sometimes made out to be. A basic understanding of finance will assist you in making those decisions appropriate for your company. You can
      302 words
    • 249 4 I I I I The business person's choice, every I I II \I I II II I Tuesday. Thursdoy. Saturday and Sunday. I M f I I I\| Leaving Changi Airport at 22:05 1 IWJL W-L 1 hours and arriving Heathrow early the following morning. Cal( your Travel Agent or
      249 words

  • Page 5 Advertisements
    • 444 5 •'*fv Thanks to a list of engineering break-throughs, a Mercedes-Benz will drive you round the bend i n an emergency. Safely. H ,h 3 O' 111 f, ilk r m 3* ft m 3W sV t.- m t w a CI v.v®;r -i £5 •v. •> V. 1 3-1 When
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  • MONEY AND EXCHANGES
    • 936 6 SINGAPORE: The US dollar reversed its earlier firmer trend to close lower yesterday compared with New York's last Friday levels, after a moderate and nervous trading session. Interbank selling in the afternoon caused the dollar to weaken. It closed at 128.15/25 yen compared with an early 128.45/55 and
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    • 177 6 Indicates Km ivirigt ot uw prirnf rntt Of 12 ma|or banks In B'pors Interbank market ratee (offer/bid) on Jan 11 US$ DM SWFC Yan 7 doyi 7 6 7/9 7/16 5/14 3 3/16 1/16 1 1/4—1 3 11/16 9/16 1 Mh 7 l/M 15/16 3/4 5/t 3
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    • 61 6 THE OVERNIGHT rate on the Singapore interbank market remained unchanged at 3 per cent yesterday. The one and threemonth term rates fell point while the two-month fell 1/16 point. S$ Interbank rates at 12 noor i yesterday: om UO o«nflN 3 7 7/t 1-monlh 3 2 7/i 2-own*
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    • 85 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity RID OFFER HIGH LOW 3 mwii BQ*****H 07.4.88 2.83 2.78 2.90 2.80 6 months BY*****S 30.6.88 3.00 2.95 3.00 2.90 1 yeor RY*****T 24.11.88 2.25 2.20 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
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    • 264 6 ASIAN DOLLAR deposit rates closed slightly lower yesterday compared with opening levels, in thin afternoon trading. Rates weakened 1/16 point acroes the board in the afternoon session mainly due to lending interest Overnight, Tuesday/Wednesday and weekfixed closed at a uniform 6-15/16 6-13/16 per cent. One month cloeed
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    • 138 6 Gold futures on Jan 8 100 My nunc USt pv koy a m Op— Lot urn Jan 44X70 2-50 Fab 442.50 443.70 441 JO 445J0 2 40 Mar 4NJ0 444J0 ■ttH Tft 444.10 2 40 4M.50 49X00 -*f ffff 491 JO 2.40 Mm WJO 497JO 493-50 497JO
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    • 578 6 MARCH Eurodollar yesterday opened four ticks lower than the previous close at the day s high of 92.38 on better-th an-ex-pected US unemployment figures but remained firm at the opening on concern over weaker stock market prices. However, the March contract subsequently backed off from the high on profit-taking
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    • 1733 6 CURRENCY FUTURES OPTIONS Man doy, January 11 1988 DCUTtCHCMARK (Mm) Rat Low spa Pi HM SS pun 8aR 55 ""W" 18 8 M 28 4 57 68 8 51 IAA 17 59 288 30 60 2008 205 S2S 56 *1 1358 139 868 90 62 868 90 1358 139
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  • Page 6 Advertisements
    • 248 6 The Chart Seminar Now in its 20th year X SYDNEY AUCKLAND SINGAPORE O 7 8 March 10 11 March 15 16 March X x HONG KONG TOKYO O 30 31 March 6 7 April v X For: Forez dealers, currency traders and hedgers, brokers, O O fund managers, investment advisors
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    • 9 6 11l BANQUEINDOSUEZ 3 Shenton Way. Shenton House. Singapore 0106
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  • BANKING AND FINANCE
    • 296 7 Reuter THE MEXICAN government is not planning a sudden, radical devaluation of the peso, according to Finance Minister Gustavo PetricioJi. "There will be no violent devaluation," he told reporters in the border city of Ciudad Juarez. "It would be contrary to
      Reuter  -  296 words
    • 100 7 Reuter THE BANK of France held a securities repurchase tender yeeterday to allocate funds for injection into the money market today. The bank aaid in a statement the agreement will expire on Jan 26 and it would accept aa collateral first category paper maturing between Jan 27
      Reuter  -  100 words
    • 1489 7  -  October crash dampens expectations of record profits Banking By ALVIN TAY Banking Correspondent THE WORLDWIDE stock market crash spoiled an otherwise buoyant year for the banking and finance industry. At half time, the Big Four local banks were set to end the year with record
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    • 829 7 Jan 1 The CPF minimum sum scheme comes into effect. Under the scheme, CPF members have to set aside a portion (not exceeding $30,000) of their CPF savings to ensure that they will have a constant flow of income to cover their subsistence needs in
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    • 395 7 Reuter A RISE in UK interest rates, fears of which boosted UK money market rates last week, appears unlikely for the time being, Merrill Lynch Europe Ltd and James Capei and Co said in separate reports. Merrill said clearing bank base
      Reuter  -  395 words
  • Page 7 Advertisements
    • 235 7 Commercial I Richard Ellis have been appointed Sole Marketing/Managing Agents for a unique and prestigious commercial property development in Bandung, Java, which is to be completed in mid 1989. MARKETING/ MANAGEMENT PROPERTY MANAGER This post is the ultimate in career challenge and the successful candidate shall enjoy a generous remuneration
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    • 310 7 TOURISM RECREATIONAL PROJECTS SENTOSA'S SECOND SALE OF SITES An invitation to participate in the development and growth of Singapore's Island Resort The Schedule Parcel Location Site Area Proposed Development Lease Period C Land west of New 71,000 sq m Cultural Village and 30 years Ferry Terminal entertainment centre D Land
      310 words

  • PERSPECTIVE
    • 478 8 CONSIDER, for a moment, the sense of urgency that must have surrounded the release of the Brady Commission report last Friday. The findings of a task force appointed by President Reagan to study the causes and cures of the Oct 19 stock market crash were unveiled
      478 words
    • 1855 8  -  Australia has begun to take a long, hard look at its overall immigration policy. A committee is now sitting to recommend a new immigration policy to the government. Its most immediate target is business migrants who can contribute skills, business acumen and much-needed capital to
      1,855 words
    • 1229 9  -  Sanguine Mr Lee Lam Thye (right) is undaunted by the DAP's latest setback with the two-year detention ot seven of its MPs under Malaysia's Internal Security Act. As the party's acting secretary-general, the task of steering the DAP through the difficult days
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    • 541 9 WHEN MALAYSIAN Prime Mintstar Datuk Sen Or Mahathir Mohamad addreaaed Parliament last October in the wake of police action under the ISA, the DAP was singled out as being particularly provocative over racial isaues. Or Mahathir, who ia also the country's Home Affairs Minister, explained that
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    • 479 9 THE PROTESTS of the DAP over the award of the 900-km NorthSouth Highway contract to United Engineers Malaysia (UEM) culminate in a two-day Supreme Court hearing this week. The DAP, personified by its maverick secretary-general Lim Kit Siang, had been characteristically outspoken in its public
      479 words
  • Page 8 Advertisements
    • 179 8 DIRECT CHINA A rare opportunity to experience exotic preparations of Duck dishes by master chefs from Beijing. The Quan Ju De Roast Duck Restaurant in Beijing is the most well known restaurant of its kind in all of China. The restaurant, which goes back to the days of the Manchus.
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  • Page 8 Miscellaneous
    • 651 8 @^,@]'"$>$\},/>/{$;&/;"_`'\&)?% CRYPTIC PUZZLE ACROSS 3 Hid* letter with one's new hats (5) 8 Confronts a fstheed with experts (5) 10 Rusti wtdty round the ring tor tong time (5) 11 Traffic service? (3) 12 Simple saint? (5) 13 Ridicuiee. or rota of bed (7) 15 Covers various evils (5) 18
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  • Page 9 Miscellaneous
    • 1235 9 1/3 03D mmb 7.90 PM Opening Announcement and by Carol lumttt And Friends. 1.00 Footsteps A Strong Man In Egypt (Sm highlight*). 9.06 Only Fool* And Hon** Healthy Competition. 9.30 Tennis European Community Championship, Ivan Lend I take* on fellow-Czech Miloslav Medr In the finol of the European Community Tennis
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    • 48 9 But AS«6X> FoR A IT To Be Heio IN teC£PT(OM M*R*GD 'Au)B»T\rJG COII€CTiO»J; By p** Bt?»sroo' TfWs Done it... ru. rrs FoUrtD TC t>*v/ u Nfcveß tmrt WM I OT-— £P-'. <ui)> SOGGY ©Evenir>9 Standard Co Ltd .1942-)907 A.2'MT3 cO)l Vfl3? JUC3 o .Xui. snor L.sIC -i-m c
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  • SPORTS & LEISURE
    • 252 10 Reuter THE Denver Broncos and the Washington Redskins advanced on Sunday to their Conference Championship games in the National Football League (NFL). Washington upset the Chicago Bears 21-17 in a National Football Conference (NFC) semi-final game and will play the Minnesota Vikings next Sunday
      Reuter  -  252 words
    • 407 10 UPI IN ONE AFTERNOON, the Minnesota Vikings transformed the San Francisco 49ers from a team whose excellence was unquestioned into a team beset with questions. Coach Bill Walsh expected to sit back and watch Sunday's NFC semi-final contest between the Chicago Bears and the
      UPI  -  407 words
    • 410 11 AP WIMBLEDON CHAMPION Pat Cash romped to a straight-set victory over Austrian left-hander Thomas Muster yesterday in the first round of the US$l.9 million Australian Open Tennis Championships. The 22-year-old Australian, playing in front of a hometown crowd at the National Tennis Centre in Melbourne,
      AP  -  410 words
    • 181 11 Reuter TWO DEATHS in two days have brought into sharp focus accusations that tha Paris-Dakar rally has becoma too dangerous Frenchman Patrick Canado became the second fatality in as many days when his Yamaha team back-up vehicle, a Range Rover, crashed with a Mercedes in Niger
      Reuter  -  181 words
    • 565 11  -  By CHERRIE HOLDER THE 12-MINUTE BARRIER eluded him on Sunday but the failure only spurred 17-year-old Matt Holder to get back on the practice grind in search of perfection. The fastest man in the F2 Speed Crossing boardsailing championship at Changi last weekend
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    • 258 11 UPI OIL MAGNATE Nelson Bunker Hunt, one of the biggest names in thoroughbred racing, auctioned off his horses last weekend as he and his brothers continued to battle bankruptcy and US$l.5 billion in debts. "It's like selling your children," Hunt said. Last
      UPI  -  258 words
    • 223 11 AP KENYA'S Ibrahim Hussein, winner of the New York City and Honolulu marathons in 1987, and Portugal's Rosa Mota, the defending women's champion, will head a powerful foreign field for the April 18 Boston Marathon, a race that will be devoid of top-flight
      AP  -  223 words
    • 106 11 AFP WORLD SNOOKER CHAMPION Steve Davis collected his third major title of the season on Sunday when he won the £250,000 Mercantile Credit Claasic for the second year in a row. But the world number one was given a fright by fellow Englishman John
      AFP  -  106 words
    • 329 11 AP A LITTLE MORE than a month before the start of the Winter Olympics in Calgary, some of the favourites in the skiing events are beginning to show that they are ready. But the US skiing team is hoping to survive until then. Pirmin Zurbriggen of
      AP  -  329 words
  • Page 10 Advertisements
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      690 words
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      210 words

  • Page 11 Advertisements
    • 260 11 k Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties. Located on the 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm. Ample free parking Century Park Sheraton Singapore 16 Na*am KM. Sngopcxe
      260 words
    • 185 11 PALM GRILL An elegant and intimate ambience. With exceptional French and Continental cuisine. And the very finest wines from our exclusive cellars. BUSINESSMEN'S SET LUNCH $32+ Closed on Sundays. Saturday dinner only. Westin Plaza, Ist Floor. For reservations, call 338 8585. ext. ***** or 330 8310. The Westin Plaza lUffl«s
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  • Page 11 Miscellaneous
    • 45 11 Play golf the Sevvy way The pause 0 m s Qm k &t Pctw iMIIill IM a stietrr pause pmeTOPOFV* Ucwmw© mt| mam TOwSwOaTHB TXRCTT. 1 /tT. jfTTIN© UP TH£ POWERFUL CHAIN REACTION Of THE mmANOHAHO* i ON THE i OOwnswn&A S m London Expre
      45 words

  • STOCK EXCHANGE OF SINGAOPRE
    • 4234 12 LATE SELLING on the Singapore stock market caused share prices to fall sharply across the board on nervous selling yesterday. The Straits Times Industrial Index loet a hefty 46.26 points or 5.2 per cent to cloee at 849.05 from laat Friday's close
      4,234 words
    • 228 12 SINGAPORE 9 Rites U AC 103 Hum M 1*1 ClIHI Kant 50* *4 CXMop C* OAS 76 Falls NIMr* HMQt 151 DIS 920 ICS 730 OCIC *50 Carvboi J0« 404 FAN 755 CM Stn 10* 340 S H M0 N« fcM 4M UMilu 50y 40 SI A
      228 words
    • 4098 12 SECTION ONE MDUtTIUAL COMMERCIAL Aom (I20S) 07) I.® 19 1.19 111 122 10 121 Oil I® (91 1.18 a I.l* Amal M 50# lIJ7B l®Sl (1191 143 Ml 1.39 (191 1.40 (59 1 41 (331 1.44 119) 145 0141 143 O 107 (9 140 (II
      4,098 words
    • 267 12 Managers' pricm for Jan 12 Japan Gr Fund 143 077 148 a77 Singapore Unit Trust UOB Manogomant Unitund 078 07T Tk* Co—arct 090 OH Unfcond* 0« Iflf Tfct SoiMQI Fund 0 78 OA S'por* frog Fund S port Sac Fund Sport U»ad Fund S port Equity Fund 0
      267 words

  • COMPANY NEWS
    • 822 13 imaa mm™ HOCK LOCK SIEW SOMETIME IN early 1987, at a luncheon given by Bank Negara (Malaysia's central bank) to a group of financial journalists, the bank's governor, Datuk Jaafar Hussein, remarked with a laugh: "Bank Negara can end up as the single
      HOCK LOCK SIEW  -  822 words
    • 332 13 HERE IS AN UPDATE on the commodity front for investors of plantation stocks: Rubber, which has lagged behind palm oil in price recovery, has broken through the "must sell" level of 242 cents a kilogramme for the first time since the International Natural Rubber Agreement came
      332 words
    • 648 13 SB te&B Reuter HOW CAN you make money in Tokyo stocks? One way may be to watch how foreigners invest and do just the opposite. Foreigners have called the wrong trends every year for the past four years. They sold in 1964
      Reuter  -  648 words
    • 467 13  -  Business and relevant legislation sophisticated enough By AMY BALAN WHILE DEBATE continues to rage over the merits of rotating auditors, audit firms are steadily working at winning acceptance for the idea of audit committees. The latest to do so, international accounting firm Ernst
      467 words
    • 336 13  -  By ELAINE KOH TUAN SING Holdings Ltd has received irvprinciple approval from the Stock Exchange of Singapore for its restructuring scheme, paving the way for the company's re-listing. Approval has also been given for the listing and quoting of the new shares arising from
      336 words
    • 199 13 Agencies DATUK CHOO Ching Hwa. 56. a former executive chairman of Bandar Raya Development Bhd, and company secretary Michael Chin Keng Ming, 50, both pleaded not guilty in the Sessions Court in Kuala Lumpur yesterday to 12 counts of criminal breach
      Agencies  -  199 words
    • 80 13 SHANGRI-LA Hotel Ltd announced that its rights issue of 10 million shares at $4.50 each has been fully subscribed. This is because an unnamed shareholder who earlier failed to take up his rights entitlement of 125,000 shares had on Jan 8 subscribed for those shares
      80 words
    • 518 13 Bernama FINANCIALLY-STRICKEN Guls Persk Bhd, now in receivership, hss proposed the implementation of a new scheme of financial reconstruction to put the company on a much sounder financial footing. If the scheme is approved, the company's net tangible asset per share as
      Bernama  -  518 words
  • Page 13 Advertisements
    • 33 13 The advertisement sales sections of Business Times, Berita Harian and Borneo Bulletin are now located at 2nd level, News Centre 82 Genting Lane Singapore 1334 Tel: 743-8800 Telex: RS ***** BTAD Fax: 743-3449
      33 words
    • 89 13 This announcement appears as a matter of record only (2 P.L. HONG TRADING LIMITED (Incorporated in Hong Kong) Issue and Allotment of 7,300,000 Ordinary Shares representing 39.25% of its Enlarged Equity to ELDERS PICA ASIAN GROWTH FUND LIMITED a regional venture investment company under the management of A ELDERS PICA
      89 words

  • REGIONAL MARKETS
    • 359 14 Present <te|gltk)R too vague Reuter JAPAN'S Finance Ministry is drafting a revised version of the securities exchange law aimed at tightening controls on insider trading, a ministry official said last week. The present Japanese law concerning insider trading is too vague and in need
      Reuter  -  359 words
    • 165 14 Reuter SHARP CORP plans to invest eight billion yen in the fiscal year ending March 1989 to expand overseas production in Thailand, Malaysia and Britain, a company spokesman said last week in Tokyo. The moves, which will boost the proportion of Sharp's output
      Reuter  -  165 words
    • 182 14 AFP SECURITIES REVIEW Committee chairman lan Davison said the recent arrest of senior officials of the Hongkong Stock Exchange had helped his inquiry but would not influence its outcome. Speaking on his return to Hongkong following a visit to several financial centres abroad,
      AFP  -  182 words
    • 3634 14 SELLERS swarmed the Kuala Lumpur stock market right from the opening bell yesterday following the sharp fall on Wall Street last Friday but prices closed off the day's low on some short-covering. Reflecting the easier trend, the widely-followed New Straits Times Industrial Ordinary Share
      3,634 words
    • 110 14 HONGKONG All Industrials Hongkong Index Monday 1,***** Friday 1.609.24 W##fc ago 1.***** Hong Song Index Mondoy 2.***** Friday 2.***** ogo 2.***** Monday 1.936) Friday 2.004.3 We«k ogo 1.9503 NEW YORK Dow Jones Friday 1.***** Thursday 2£5I.89 Waak ago Closad TOKYO Nttckei Average Monday 22,***** Frida V 22,872 56
      110 words
    • 244 14 Reuter BRIERLEY Investments Ltd (BIL) has been tipped by share analysts to win ownership ot the state-con-trolled energy group Petroleum Corp of New Zealand Ltd (Petrocorp). But only if its application is not hamstrung by the New Zealand Commerce Commission, they said last
      Reuter  -  244 words
    • 1388 14 Hongkong Reuter PRICES on the Hongkong stock market closed sharply lower yeeterday on selling sparked by fears of a further slide on Wall Street after last Friday's big setback, brokers said. The Hang Seng Index fell 50.87 points to 2.400.80 after slipping 31 points at midday. Total
      Reuter  -  1,388 words
    • 82 14 Reuter A TOTAL of 26.380 new companies were registered in Hongkong last year, representing a 58 per cent rise over 1906, government statistics show. The registrar general s department said the nominal capital of newly incorporated companies during the year was HKS4.I billion,
      Reuter  -  82 words
    • 449 14 Reuter SHARE PRICES on the Tokyo stock market closed lower yesterday in meagre trade following Wall Street s tumble last Friday and a wavering dollar, but heavier losses were avoided due to renewed optimism following last week's rises, brokers said. "Investors are still very cautious, but are not selling
      Reuter  -  449 words
    • 465 14 Reuter THE AUSTRALIAN share market closed sharply weaker in reeportse to the sell-off on wall street but most prices were off the day's lows, brokers said. At the cloee of trade the All Ordinaries Index was down 43.9 points or 3.3 per cent at 1,266.5 after falling to a
      Reuter  -  465 words
    • 256 14 JAN 11 All Sinc«r* Indus Asia Csmsnt NT 2.74 as 50 60 50 0.04 -1 Chang Hwa Bank 191.00 3 Chsna Loona 44 90 -0 1 f*Kia Cfaltt rinnni UH| nsin utnifni 43 90 -05 Chin Hain Flour 18 10 -09 China Cham 27.90 0.2 China Dsv 64 00
      256 words
    • 157 14 Reuter THE SECURITIES Exchange of Thailand Index dropped 19.76 to 307.61 on a turnover of 9,254,456 shares worth 939.36 mm lion baht. Reuter JAM 11 BAKT +1Ao Kham Thai Ayudhya liwaaW>' Bangkok Agro-lnd. Bangkok Bank. Bant« Charoong Thai Wli Cabta Olaml. Dhana Siam Fin Aaia Rbra Duattani EMI Aaiattc
      Reuter  -  157 words
    • 84 14 JAN 11 1 •csos Mtrcoppr Minmi 1.48 0« Oriental B 0 0075 -0 0025 Aco)« Mining Phil Oyraaaa 0 0675 ***** Anglo Phil Phi la* B una* Apax Mining B 0 0660 •0 005 PLOT 164 -3 Atlas Con B 35 50 0.5 San Miguai B 1» 0Q» unch
      84 words
  • Page 14 Advertisements

  • FOCUS
    • 482 15 Brady Commission Report on Market Mechanisms Reuter NEW YORK Stock Exchange chairman John Phelan has praised the findings of the Brady Commission that investigated the October 19 stock market crash but warned there was no guarantee that there would not be another crash. Mr Phelan, appearing
      Reuter  -  482 words
    • 565 15 Reuter WALL STREET professionals are sceptical about a presidential taak force's call for tough new regulations to curb wild swings in the stock market like last October 19's and last Friday's steep plunge. The task force, which investigated the October crash,
      Reuter  -  565 words
    • 716 15 NYT THE PRESIDENTIAL panel, evaluating the performance of market makers during the chaotic days of mid-October, criticised the New York Stock Exchange specialists, although it acknowledged that they were faced with unprecedented conditions. By late afternoon of Oct 19, market makers on the major
      NYT  -  716 words
    • 1256 15 NYT ONE OF THE MOST startling features of the report by the presidential panel on the stock market crash is its conclusion that several major systems that had been expected to protect the market or keep it in balance instead contributed to its near disintegration last
      NYT  -  1,256 words
    • 214 15 Reuter ILL-CONCEIVED regulation will result in the loss of US financial business to overseas markets. Chicago Board of Trade (CBT) president Tom Donovan said in a statement responding to the release of the Brady Commission Report on Market Mechanisms. In a preliminary review of the
      Reuter  -  214 words
  • Page 15 Advertisements
    • 2 15 LMd*r, Pag*
      2 words
    • 290 15 In the Matter of the Companies Act. Cap. SO GEETAINERS (SINGAPORE) PRIVATE LIMITED (Incorporated In Singapore) SPECIAL RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed company, duly convened and held at 4 Battery Road 12-00 Bank of China Building, Singapore 0104 on sth January 1988 the
      290 words
    • 552 15 NOTICES In the Matter of THE COMPANIES ACT. CAP .30 And In the Matter of HIGH WAY SHIPPING PTE. LTD. At an Extraordinary General Meeting of HIGH WAY SHIPPING PTE. LTD.. duly convened and held at 100, Jalan Saltan, #07-00, Saltan Plaza, Singapore 0719. on the sth January, 1968, the
      552 words
    • 470 15 IN THE MATTER OF THE COMPANIES ACT, CAP. SO SCIENTER SOFTWARE PRIVATE LIMITED (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of SCIENTER SOFTWARE PRIVATE LIMITED daly convened and held at 4 Battery Road #13-00 Bank of China Building, Singapore 0104 on the 7 day of January
      470 words
    • 386 15 CAP. 80 AND IN THE MATTER OP C < CYCLE CARRIAGE INVESTMENTS PTE LTD (In Members' Voluntary NOTICE OF SPECIAL RESOLUTION (Pursuant to Soctlaa SMKSXb)) At an Extraordinary Qen- < eral Meeting of the company held at Board R00m,." 238, Alexandra Road, Sin- pore 0315 on 21 Deoember 1987, the
      386 words

  • 434 16  -  $22m-s33m for Singapore in Japan Asean Investment's pipeline By GENEVIEVE CUA SMALL- and medium-sized enterprises in Singapore may soon enjoy a sizeable injection of Japanese funds, totalling some 1.4 billion to 2.1 billion yen (about Ss22 million to Ss33 million). The
    434 words
  • 299 16 A PETITION of appeal against the 10-year jail term passed on "Abalone King" Ng Choon Ser and his son Khway Tiat has been filed with the High Court. Their lawyer, Mr Lee Kim Siang, filed the petition on Dec 30, 1967, four
    299 words
  • 382 16 AP US CARMAKERS failed to take advantage of the high Japanese yen, instead raising their prices along with those of imported Japanese cars, the outgoing president of Nissan Motor Manufacturing Corp USA said yesterday. Marvin Runyon said US carmakers could have
    AP  -  382 words
  • 192 16 AP AFP PHNOM PENH Premier Hun Sen left Cambodia for Paris yesterday for a meeting with Cambodian resistance leader Prince Norodom Sihanouk, the official Cambodian news agency SPK said. Prince Sihanouk and Premier Hun Sen of the pro-Vietnamese government in
    AP; AFP  -  192 words
  • 497 16 AP THE WORLD economy will be precariously unstable this year, the United Nations said yesterday in a new forecast even gloomier than the one issued before the stock market crash. UN experts now expect the world economy to grow by
    AP  -  497 words
  • 296 16 Bernama THE TRIAL of four Komuda officials on charges of criminal breach of trust involving a total of M 53.3 million and abetment began in the Sessions Court in Kuala Lumpur yesterday. Komuda chairman Datuk Kee Yong Wee, Komuda Treasurer and Deputy
    Bernama  -  296 words
  • 175 16 AP JAPAN and Britain will have to "share the pain" to coordinate economic policies to help restore the world economy to health, Japan's Foreign Minister tells British Foreign Minister Sir Geoffrey Howe. Mr Sosuke Uno met Sir Geoffrey in Tokyo for more than two hours to
    AP  -  175 words
  • 140 16 AFP PRESIDENT Suharto, responding to public calls for stronger efforts to eradicate graft in the Indonesian government said yesterday that hard evidence is needed to take any firm action against corrupters. Addressing 120 leaders of youth organisations at the presidential palace, Mr Suharto
    AFP  -  140 words
  • 383 16  -  By ANNA TEO BACKED BY a new group of venture capitalists led by Transtech Ventures, home-grown clean room builder Esco Scientific Products (Asia) is primed to go places. The new investors have pumped in $3 million to take up slightly more
    383 words
  • 137 16 Reuter INDONESIA announced a ban on 16 kinds of export commodities including natural rubber that does not meet SIR (Standard Indonesian Rubber) standards. The ban issued by the Ministry of Trade also includes scrap iron, kapok cotton seeds, rattan and sandalwood materials. The ministry announced export
    Reuter  -  137 words
  • 95 16 Reuter COMEX GOLD FUTURES held unchanged after giving back gains on selling by foreign traders against a steadier dollar in early trading yesterday. The firm opening on Wall Street had little impact on gold's movement. In a quiet market, February gold was at Friday's close of U*****.50 an
    Reuter  -  95 words
  • LATE FILE
    • 25 16 AFP VIETNAM yesterday promulgated a foreign investment cod* that defines conditions of cooperation between the communist nation and foreign concerns. AFP
      AFP  -  25 words
    • 31 16 AFP OPPOSITION leader Kim Young-Sam said yesterday he would accept Roh TaeWoo's presidential election victory and now would endeavour to win pending legislative elsctiona. AFP
      AFP  -  31 words
    • 32 16 AFP A TOTAL of 151 countriea have accepted invitations to the Olympic Games in Seoul, following yesterday's announcement by the Soviet Union that they will participate. AFP
      AFP  -  32 words
    • 42 16 Bernama THE WHITE PAPER on the detention of 106 people under the Internal Security Act (ISA) in Malaysia may be ready before Parliament sits in March, Datuk Seri Dr Mahathir Mohamad said yesterday. Bern ama
      Bernama  -  42 words
    • 25 16 AFP THE PHILIPPINE government has suspended local elections in 10 provinces due to danger of violence and fraud, officials said yesterday.
      AFP  -  25 words
    • 43 16 AFP PRIME MINISTER Rajiv Gandhi's government choee the easy way out of a fiscal crisis by ordering a price increase that has made petrol in India the world's most expensive, the press in New Delhi said yesterday. AFP
      AFP  -  43 words
    • 32 16 UPI CHINA is drafting a new state secrets law, expected to relax previous regulations which failed to define a state secret, the Xinhua News Agency said yesterday.
      UPI  -  32 words
    • 37 16 UPI US and Soviet negotiators returning arms talks this week cautioned yesterday that they facs a formidable task in seeking agreement on 50 per cent cuts in long-range strategic nuclear weapons.
      UPI  -  37 words
    • 34 16 AFP SOVIET troops may begin pulling out of Afghanistan on May 1 if there are "agreements" at February's indirect talks in Geneva between Pakistan and Afghanistan, Pravda reported. AFP
      AFP  -  34 words
  • Page 16 Advertisements
    • 134 16 A) CHI DYNAMICS ART OF VITAL BREATHING HEALTH ENERGY POWER Develop Mind Body (Inner Power) Situ Anthony Wee will give a FREE talk cum video presentation of Chi Dynamics Enrolment starts from 11-14 January (6pm—Bpm) Complete Basic Course: 2 months Fees: $350 INVEST-A-MATK A NEW SERVICE FROM ericson s Vital
      134 words
    • 229 16 New Gear contest date READERS who've called about the New Gear contest in last weekend's Executive Lifestyle, take heart if you are still cracking your head over the anagrams. The closing date for entries has been extended from Jan 16 to Jan 23 with another entry form in this weekend's
      229 words

  • SHIPPING TIMES
    • 86 17 THE SHIPPING Corporation of India expects to have four fully containerised cellular vessels by April. The company's proposal to purchase the four sec-ond-hand ships from Korea at 9 cost of Rs7oo million (US$54 million) has received the blessing of the Indian Ministry of Surface Transport. Mr
      86 words
    • 113 17 Reuter CHINA is losing 5.9 billion yuan I.a year because nearly half its truck fleet is running without cargo, the official Economic In- formation newspaper said. j It said the waste was > caused by lack of coordination and information, and bad
      Reuter  -  113 words
    • 286 17  -  By G DURAIRAJ AS PART OF ITS growing commitment to the Malaysian market. Uniglory Line will schedule a direct call at Johor Port in Pasir Gudang from early March. The inclusion of a third port of call in Malaysia is aimed at enhancing
      286 words
    • 149 17 THE KOREA Ports and Maritime Administration is to relax 40 regulations, in line with its shipping autonomy policy, starting early this year. The first phase of the liberalisation includes changes in the procedure for import of second-hand tonnage for replacement from the current
      149 words
    • 117 17 AFP A TOKYO trading firm has concluded an agreement with a Chinese shipyard and the Soviet Fish Industry Ministry to act as an intermediary for the repair of fishing vessels, a Japanese newspaper reported. The Asahi Shimbun said that under the trilateral agreement, Tokyo Maruichi
      AFP  -  117 words
    • PORT SIDES
      • 177 17 AP A CIVIC GROUP claims some 3,000 passengers were aboard the Dona Paz which sank last month after colliding with an oil tanker. The figure was double that reported by the ship's owners. The Coalition of Samar and Leyte Organisation said it had collected
        AP  -  177 words
      • 86 17 Reuter THE IRANIAN shuttle tanker Khark 3 was attacked by Iraqi jets and hit by an Exocet missile in the northern Gulf on Sunday, shipping sources in the region said. Damage to the 280,476-tonne tanker, owned by National Iranian Tanker Co (NITC), was light and
        Reuter  -  86 words
      • 101 17 THE PORTUGUESE government has put back the closing date for companies interested in bidding for the right to operate the ailing Setenave shipyards. A total of 11 firms was approached by the government last year. They were told they had until Dec 30 to submit any proposals
        101 words
    • 397 18 Reuter TOYOTA MOTOR Corp, Japan's largest car maker, has chosen a second US shipping line to join the two Japanese lines carrying complete knockdown (CKD) kits to its North American plants, shipping sources said. The choice of another US carrier reflects
      Reuter  -  397 words
    • 879 18 Reuter THE GULF tanker war has triggered "pipeline fever" in the region, with oil producing states scrambling to build overland pipelines to reduce their dependence on ships to export their major source of income. "Pipeline-mania has captured every Gulf oil state," said
      Reuter  -  879 words
    • 774 18 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrans VII 3 American Tpt X 4/5 Anship Int'l V 3 Anro Service IV 273 ANl 1 1/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III
      774 words
    • 1580 18 KEEN demand for Panamax bulk carriers continued unabated and freight rates climbed yet higher on Friday at the close of an exceptionally firm week on the London shipping freights market. In addition to recent demand for North American grain loaders, numerous Panamax bulkers found time-charter employment in Europe,
      1,580 words
    • 289 19 Lloyd's List THE BUOYANT Associated British Ports (ABP) group plana to double investment this year to £30 million, managing director, Mr Stuart Bradley said. Most of the inveetment is aimed at modernising facilities at many of the group's 19 ports, said Mr Bradley whoae
      Lloyd's List  -  289 words
    • 274 19 AFP THE TANKER market "has opened in 1968 on a far more optimistic level than many people had expected". London brokers EA Gibson said in their Istest review. Owners were expecting to enjoy profitable trading for the time being. Insignificant inquiry in the Gulf however led to a
      AFP  -  274 words
    • 9029 24 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.
      9,029 words
    • 1318 25 1 > B«rth Arrival Departure KEPPEL WHARVES Afcarutii K2I otongsid* 1701 1500 Art lot Kit olongud* 1301 5)600 Common 1 Kit olongvd# 13 01 *>600 BM K20 olongws# 1301/0600 Equotor K22 olongKd# 1201AB00 U Bo« long K35 oiong»iO« 1201/1500 Son NOVM KI5 otongud* 1301/1500 S'iwiiovo K3I olongsida
      1,318 words
  • Page 17 Advertisements
    • 703 17 s^ 6 v« iA" a a i !iv V STP Distributors Tmwa Pu6*s/»n« Group OOCL Orient OVHQUI Cttiaitm LIME tllll# 200 CMtoMMHt tad #12-06 Son Ml If A T«l 22U011 TELEX NO RS 2*179 No TITMIf OOK Swapon 0201 TERMINAL/CFS Td *****11 220 BOOKINGS TM *****34 23S PtSAKA JAXtMNC SNIfflM
      703 words
    • 71 17 KMDB TOYOTA MOTOR Corp, Japan's largest car maker, has chosen a second US shipping line to join the two Japanese lines carrying complete knockdown (CKD) kits to its North American plants. Pag« II THE BUOYANT Associated British Ports (ABP) group plans to double investment this year to £30 million. Psg«
      71 words
    • 593 17 <4. BALT-ORIENT LINE Baltic Shippmc Co RefUar Sences from 2SWB tt ALJL a-- *t i i n. jmww vonontru* rotu Agent: Singapore Soviet Shipping CoPtoLtd Jet *****33 T MAERSK LINE FAST TRANSIT SINGAPORE/ LONG BEACH 18 DATS TUN Anna M Ctoamg Time CY IVI 2300 MRS To Europe -UK Scandinavia
      593 words

  • Page 18 Advertisements
    • 584 18 COMPAGNIE MARITIME OAFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT E3322EEMI VILLE DU LEVANT i-'i'ica ROTTERDAM ETA FELIXSTOWE ETA Alto accepting cargo to all U.K. destinations, Scandinavian (AartHU, Copenhagen. Gothenburg) and other European Inland powti > Weet African EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/
      584 words
    • 13 18 Lines and services represented by th Accredited Sipping Agents, Singapore National Shipping Association.
      13 words
    • 473 18 CHA RGEURS REUNIS f'* V jofr £*y i fJI d j :l T i FEEDER VS. VSL V vs. *j an ACCEPT CAM ■MAO, CONKAAY. TO WEST INDIES ETA S'ro« MOTHER vsi MARSEILLE SETE POHITE-A-PfT*E FORT-OE-FRANCE MCKAD CXS CANNE CR LIBREVILLE 03/02 >j C. IM2 IMB 22/B2 CR LIBREVILLE 17/B2
      473 words

  • Page 19 Advertisements
    • 990 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd r STRAITS SHIPPING Singapore to Sabati, Sarawak, Brunai Ports and Bangkok P&OCL^g^ P&O Containers Limited PtCASUS PROGRESS ¥513* PEGASUS PROGRESS VSI4N SPORE rKOK In Part/13 Jan 15-U Jan 11-20 JM 22-B JM (MAMA RAT an or emmurcm LARGS RAT TORN) EXPRESS
      990 words
    • 648 19 Fas Container Terminal Marseilles-Fos Europe's Superport en the Mediterranean With 96.2 million tons of traffic in 1966, a record 10 percent increase over 1965, Marseilles-Fos is now the largest port in France and the Mediterranean basin, and the second largest in Europe. In 1966, total traffic between Marseilles-Fos and South
      648 words

  • Page 20 Advertisements
    • 289 20 I r:i"SH.. f.i'i "(l rot ;;wOr;n.»Ti ALSO ACCEPT INC CARGO TO: AU. UK INLAND DESTINATIONS. BELFAST, DUBLIN COPENHAGEN AARHUS, GOTHENBURG. MALMO. HELSINKI, OSLO, AMSTERDAM CARIBBEAN S. AMERICA CONV SEMI CONTAINER SERVICE TO EUROPE GONV SEMI CONTAINER SERVICE TO MED EUPOP. CONTAINERSHIP SERVICE FROM UK CONTINENT Agents SStmM]' Singapore *****00 K.
      289 words
    • 546 20 KS LINE (M/i CM'fAri— WW* Willi HI SBi m FULLY CONTAINERISED SERVICE ro EUROPE VIA SUtZ 1 Mfmb?f ot ,he ce Coosctwrn FROM ['JROPE VIA SUEZ J A Mcmbff of thr Ace Consortium MillY CONIAINfRISED 10 FROM NORTH AWRICA *FS! COASi CONVtNTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S PORE
      546 words
    • 370 20 Ta FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO COLOMBO: sailing 20/1 1/2 FOR: PORTO, LISBON, ORAM, BILBAO MADRID, MALAGA, MEULLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER A ISTANBUL U-g-A-PORT MORESBY, RABUAL, LAE KIETA, MADANG A KIMBE NOUMEA 5/2 SUVA/LAUTOKA 7/2 NEW ZEALAND AUCKLAND, WELLINGTON LYTTELTON,
      370 words
    • 1248 20 >j EVERGREEN Full ContJirw St'rvn Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) trj HKC EVER GOLDEN 14/1 11/1 EVER GUARD 21/1 2S/1 EVER GROWTH »/l 2/2 EVER GRAND 3/2 7/2 EVER GREET 11/2 22/2 EVER GLOBE 2/3 fc'3 EVER GENTLE 1/3 13/3 ALSO ACCEPTING CARGO TO 1) PROVIDENCE. NEWARK. SAVANNAH ROSTC wnJMNCTON. ItmiUOA.
      1,248 words

  • Page 21 Advertisements
    • 740 21 PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 00 W A KOTA EAGLE MAJARAMT FAR EAST CONTAINER SERVICE 17M no no no i«m i«n isn isn an an an MM 21/1 23/1 23/1 MNB >1/1 OMIT 4/2 It 7/2 17M 1/2 2/2 1/2 13NB SLO
      740 words
    • 409 21 i£j> BEN LINE t*". CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN JEBSEN NEW ZEALAND LINE FIJI AND SOUTH PACIFIC ISUUIOS SIN HKB AKL NAP TIM BLUFF 11/1 a/i m 12/2 14/2 IC/2 JEBSEN SOUTHLAND
      409 words
    • 340 21 Subfoct «b Iwßacßiwnt Also accepting cargo to CaoaMum. Port Bald. Port Alaxandrta. Qawoa. Trtoolo. ALSO ACCEPTING MTM CONTAINERS. CONVENTIONAL CARGO VIA T/S TO UK FONTS. HULL. LE HAVRE. OSLO. COfENHAGEN. AARHUS. GOTHENBURG AND NQJSMKI r DJAKARTA LLOYD INDONESIAN NATIONAL LINT :-I* 4 J Wi 01 *!•!•*S f* i'J« M Tf
      340 words
    • 401 21 BOUSTEAD Shipping aui-ink.it s Ih NMU FIVE STM TOMBS' s pore P.KcUng HTOWEYWA V23IW 14/U i* MvoMWA am tm PAGAN VI23W 2S/77 ian BANK LINE express amnm awn* HORTHBOUHD TO UKC SPORE ROAM HULL HMB6 J»" W W *1 SlX!** J? w w V FORTH BANK VZIN 26/2 I*3 27/3
      401 words

  • Page 22 Advertisements
    • 962 22 kL K"LiriE SHIPPinG-DfiTfi .V RTLRHTIC CDRST (Round-The-World Service) 'PK/PNG SPORE LB CHIS FRIENOSHIP W SLD 14 j s Feb 16 Fab BffiDC^VIS 6 AiiBASSAOOR 16 Ja 21 J n 13 Ftb 23 F#b •VIA FEEDER PRCIRC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER VSL LA/ ORIENTAL FRIENDSHIP V 6 Sid 14
      962 words
    • 271 22 r.i-,;' "f'l Accepting LCL South Africa HAYAKAWA MARU 4636E VAAL 4734F 9/2 V 22/2 Jardio JARDINE SHIPPING AGENCIES (REG. *****4/ 00K) 200 CANTONMENT ROAD #12-05 SOUTHPOINT, SINGAPORE (COB td: *****11 TELEX NO: RS ***** TERMINAL/CFS Tel. *****18-220 BOOKINGS Tel. *****34-235 EaS Pffjf NC GLORY V»1 HAEWOO N0.3 STT' WORLDWIDE PACIFIC
      271 words
    • 600 22 a if INDIA EXPRESS CONTAINER SERVICE S.O TRIPURA VOH LOTTE SCHEEL V RAVI DAS VJM theooor fontane V m S O A. PRADESH V KM INDIAN COURIER VJM PRELUDE V THEOOOR FONTANE V ISN S O NACALAND V M LOTTE SCHEEL V S PRELUDE V.78 INDIAN COURIER VJSN THEOOOR FONTANE
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    • 666 22 GOLDEN LINE GUM GUAN SUPPING (PTE) LTD S. Tata* Ayw StrMt SINGAPORE 01M TEL S3UM (IC LINES) Fu: 9QSM STRAITS/PERSIAN GULF SERVICE: GOLDEN HARVEST Colombo/Karachi Dubai S pore P.Ketanc Penan GOLDEN HARVEST CotombofKaradM/Dubai 24/25 Jar GOLDEN HAVEN Cotombo/Karachi'Dubai MO Ftb CHINA SERVICE A VESSEL Shanjhai/Hsinkang 12/14 Jan Ml TUN SHAN
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    • 468 22 I© PHILI OIIKNT LINfS PTf LTD HfAO OFftCf 63 ROBINSON ROAD «07 12 AFRO AS A BUILDING SiNCAFORf 01C6 t£Lf X RS ***** PHIL! fM *****76 W. 201. 27/1 EAST AFRICA/MEDITERRANEAN UA. 13/1. 4/2 f l 1 1■ SERVICE i3/i. 17/1 a/i DONA, MUSCAT. BAHRAIN ABU DHABI A SHARJAH. JEDOAM.
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  • Page 23 Advertisements
    • 668 23 1 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD. FE EU/AUST TPA/SEA Ttrminjl CFS BOOKINGS *****53 I7WQ *****22 *****53 *****11 27*116 *****11 *****« NEPLINE SON. BHD. 3MNB7 INWARD/OUTWARD NEPLINE SON. BHD. *****3 enquiries mm NEPLINE SON. BHD. l2ai3S/627tt0/tt7ttl«7tt2 NEPLINE SON. BHD. *****0/*****1 FM EAST/EUROPE FULLY TO EUROPE/UK (VIA SUEZ):! I
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    • 456 23 OOKAItf 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 Name ETD BS BKK S'POflE PKELANC BUSAN No I Dottam/710N 27/12 87/81 In Port 14-17/01 27-30/01 02/02 No 7 oonwn/711N 30K12 11/01 IHI/01 1J- 21/01 3842/82 04/02
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    • 566 23 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD 3Q| SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. «u*c KMM M/S HANDLING SYSTEM CO SON BHD MESSRS MAI THOMC SHIPPING 127 fWwStreet IW* kUtiyu
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  • Page 24 Advertisements
    • 332 24 MEHMKOii 6®BUo f.ne4> fIU *****39 *****76 ***** A B SSCMA RS ***** A B SSCAO VLB DEUTF RACHT'SEEREEDEREI PuSTDrh INTEGRATED FULL CONTAINER SERVICE TO CUROft **VIA lARN ACA Aaepti Unraol, Beirut IMjyy EUROK 13*7 THA£IMAN 1M cargo for Lattak*, Piraeus, Thanafcmki, Izmir, Istanbul, aandna, Port Said. Iraqi, Iranian. 'Accepting carta
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  • Page 24 Miscellaneous
    • 178 24 •171 [>•74 Regional Weather 1 m v Wi: vXvX-.-Xv x^ Mi "N v""> 1 V 5S I k 3 LL Is SIGNIFICANT WEATHER AND BEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND </*■ Wmd direction with speed in knots Wove height R Thunderstorm Temperature o c A V Shower Weather
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  • Page 25 Advertisements
    • 402 25 E SHOREPACK FREIGHT SERVICES (S| PTE LTD TEL: 224-2542/223-3463/223-3875 FAX: 224-0421 TLX: RS ***** WEEKLY LCL A 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 Continuous rtetMnf at our CFS/CoMecMon Sorvtcoa available inTEGRn shipping pre ltd TEL: *****33 (4 LINES)
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    • 118 25 JSC IZUMI LINE EGULAR EXPRESS CONVENTIONAL SERVICE TO CALCUTTA VSL BIT Sport loading For WAKAYU 63A 1982 15TH-17TH JAN 88 CALCUTTA G. AGENT: TAIKA SHIPPING ENTERPRISES PTE LTD TLX ***** TAIKA TEL *****78 BOOKING AGENT: RICK MARINE ASSOCIATES PTE LTD TLX ***** RMA TEL *****86 AGENTS ANTARNUSA CONTAINER LINE PTE
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    • 606 25 ETA S'PORE m w LOADING FM ALFARABI MV SINOBAD HV BASRAH MV BAGHDAD THROUGH B/U to BAGHDAD UPON REQUEST AISO ACCEPTING CONTAINERS UPTO AQABA t BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING CONTAINERS/CONVENTIONAL COO FOR BMW PORTS IN JAPAN ON INDUCEMENT CAN CALL ANY PORTS IN INDONESIAOABAN/SARAMAK FOR LOADING CHINA/KOREA/JAPAN
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  • Page 26 Advertisements
    • 329 26 ai Sun Hup Co (Pte) Ltd i TEL *****06 (20 Lines) TLX RS ***** RS ***** fc\ I \SI I K\ \KIIMK. Ill) 5 TOKYO/OSAKA li (I Mi' CAR CARRIER SERVICE TO MUARA/KUCHING KK Loading at appropriated Berth P4-P5 NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG, TAIWAN CHINESE PORTS, SUBJECT
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    • 511 26 CGMi FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GU LF/CAN ADA/HEX ICO AND FRENCH WEST INDIES Nr. Halifax, Montreal, Toronto, Mew York, Balmitore, Portsmouth, Northfofc Alto serving GULF Savannah, Miami, Mobil*. New Orleans, Houston/Mexico Vera Cruz, Mexico City/ FRENCH W. Indies Port De France, Pointre A. Pitre,
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    • 247 26 LCL WEEKLY SERVICE TO: *mm 18/1 HAM/BREM IS/1 BANGKOK 18/1 ROTTOBAM 18/1 HONQKONG 12/1 TUURY 18/1 FRBMANTLE 18/1 SYD/NBJ 11/1 ADELAIDE 18/1 (transit tlm« 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 ST.
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    • 639 26 CALL US ATr P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR '*****122/4, *****3 '07-*****8 •07-*****3, *****5, *****0, *****1 •02-*****22 *****88 FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER BUTANC 407 B BUTANC «R GOTHENBURG EC ill A A*i N. OELfT NIHON N. CXJIMA B sum* OTHER DESTINATIONS: AARHUS. AMSTERDAM.
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