The Business Times, 21 January 1988

Total Pages: 30
1 30 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, JANUARY 21, 1988 75 CENTS
    11 words
  • 263 1 Dow Jonos lower WALL STREET stocks headed lower in early trading yesterday on a weaker dollar amid uncertainty about the US trade position following both US and Japanese trade reports, analysts said. The Dow 30 was off 13 at 1924 and declining issues led gainers by three-to-one.
    263 words
  • 148 1 ANOTHER WEAK performance by Wall Street overnight caused major Asian markets to close easier yesterday but the Singapore market bucked the trend. The Singapore, market displayed resilience to close higher on bargain-hunting and shortcovering. The Straits Times Industrial Index rose 11.88 points to 924.06, a
    148 words
  • 179 1 THE US DOLLAR declined marginally against the Japanese yen in the Tokyo foreign exchange market yesterday following an announcement that Japan's trade surplus with America grew in 1967. Dealers said that many operators are now hesitating to buy the greenback and are retreating to
    179 words
  • 521 1  -  By LEE HAN SHIH Property Correspondent PROPERTY tycoon Ng Teng Fong has become the latest critic of the Hongkong government's refusal to cut the four-year-old link between the Hongkong and US dollars. Mr Ng said the Hongkong currency, dragged ever lower by the
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  • 433 1  -  By AMY BALAN BOTH PETER THAM and the public prosecutor are appealing against an eight-year jail term handed down by the Subordinate Court on the former director of defunct stockbroking firm Associated Asian Securities. Tham, who was also a director of
    433 words
  • 650 1  -  Heated debate over weight and taxes By LISA LEE BRITISH-AMERICAN Tobacco Company (S) Ltd's launch of a controversial new ultra-light-weight cigarette called Cspri on Tuesday has fuelled a heated debate in the tobacco industry. Rival cigarette companies here, especially those from the US, are
    650 words
  • 130 1 AFP TAIWAN'S psrlisment approved across-the-board tariff cuts yesterday on more than 3,500 import itema, including small paaaenger cars and heavy-duty trucks, government officials said yesterday. The cuts would reduce tax revenue by NT$lO billion Taiwan (US$35O million) based on 1986 figures snd lower tariff
    AFP  -  130 words
  • 395 1  -  By ELAINE KOH THE SECURITIES Industry Council has adjourned till early next month its inquiry relating to the purchase of a block of Sealion Hotels' shares by banker-entre-preneur Allan Ng from the Standard Chartered Bank. The inquiry, which was slated to start on
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  • 80 1 SINGAPORE'S two rigbuilding yards ploughed through s Issn psriod in 1987 when not s singls rig order was placed around the world. Ons of thsm, Far East-Lsv-ingston, managed to stay afloat by building spscislissd msdium- sizsd vssssls whils the ths other. s less fortunate Bethlehem Singapore,
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  • Page 1 Advertisements
    • 211 1 Cassette Receiver K2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone *****33 Kuala Lumpur: Phone, *****33 ra: Phone *****5/*****1 Jakarta: Phone *****5 Our OUB Housing Loan lets us plan ahead and budget for the future with confidence A housing loan is a long term commitment. So when we bought
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    • 286 1 Full local report, Pago 16 Rogtonal marfcata, Paga 19 World marfcata, Paga 19 SHARE MFORMATKM 16 MONEY ft EXCHANGES COMMOOmES AIRCRAFT SCHEDULE A GROUP OF international bankers will be meeting in Singapore this week to discuss world economic issues. HOME NEWS, Page 2 ASIAN AEROSPACE, Singapore's answer to the Paris
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    • 68 1 Mahathir speaks out Mahathir the Prime Minister and Mahathir, the angry young man who wrote The Malay Dilemma, are one and the same person only a little older, said the Malaysian prime minister in reply to a question posed by a business magazine. He also spoke on a number of
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    • 22 1 >~^`;-%+&`;+^){:./}^~&"("*{/<(] Low brotiori Jump bcl In Hongkong, Bock Pogo GKVMATRIX SEIKO Man invented time. Seiko jjerleeteri if. user a*r. urn** raw catutMiTn connotn
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  • HOME NEWS
    • 620 2  -  By SOH TIANG KENG Financial Correspondent |HgmJwM*boijt increasing presprotectionist trade industrialised coun'jßlGP f(l World debt mess MaMfe aftershocks of the Oct 19 flUfr vWwt crash on the global mcll Arstem are the top isSflr Wn> n t' n g a 9 r
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    • 228 2 A JEWELLERY SHOW featuring some 8,000 items from 20 local companies will be held in Tokyo from Jan 26 to 28. The Singapore Jewellery Show this year is the second in the series organised by the Trade Development Board and has the support of
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    • 308 2 SINGAPOREANS will have to deal with rising expectations and complacency as well as the problem of slower population growth if they want a better and more secure future, the People s Action Party says. "The fundamentals which have seen us safely through the past decades political
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    • 79 2 MICROPOLIS LIMITED, manufacturer of high-performance Winchester disk drives, yesterday signed an agreement for the purchase of an integrated manufacturing system. Digital Equipment Singapore. Consilium Far East Incorporated and ASK Computer Systems are suppliers of the company's inte- grated manufacturing system. The company makes disk drives for original
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    • 217 2 THE FAR EASTERN Economic Review yesterday said it would donate the revenue from an advertisement taken out by the Singapore government to the National Kidney Foundation. In a statement released in Hongkong, the Review said the full-page advertisement, costing nearly $10,705, will appear in the
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    • 269 2 ANOTHER local bank is lowering its interest rstes. The Industrial and Commercial Bank, the latest addition to the United Overseas Bank group, is cutting its prime lending rate by a quarter point to 5.75 per cent from today. The other members of the
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    • 110 2 A TRADE DELEGATION from China's Guangdong province is in Singapore to widen contacts with companies interested in distributing its goods. Mr Chen Chun Rong, manager of the China National Arts Crafts Import and Export Corporation, Guangdong (Holdings) Company, said his province was well known for its
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    • 292 2 SEVERAL SCHOOLS in Singapore are trying out a management guru's ideas for developing creative thinking of students. Some 26 primary and secondary schools are involved in the pilot project where Or Edward de Bono's ideas for creative thinking are used, said Dr Tay Eng
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    • 233 2 THE EDUCATION MINISTRY has no intention of introducing any changes to the education policy in the next few years, Dr Tay Eng Soon said yesterday. It would focus instead on improving what has been implemented so far, said the Minister of State for Education
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    • 117 2 LISTED Lee Kim Tah group has outbid nine competitors to win a $8.8 million Housing and Development Board job to replace some water tanks. The contract is part of a massive HDB programme to replace existing mild steel water tanks with those made
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    • 388 3 MEMO PAD Seminars and Courses < J l Cahners Tel: if Exposition Tlx: v Group Fax: *****13 RS ***** *****66 Feb 1-3 Professional Selling Skills III PTS Training Centre Professional Training Services *****88 Feb 1-5 Technical Aspects of Microcomputers Institute of Systems Science, NUS Institute of Systems Science, NUS *****66
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    • 692 3  -  By HARISH MEHTA ASIAN AEROSPACE, Singapore's answer to the Paris and Farnborough air shows, is on the threshold ot becoming more than a regional air show. The show is. in fact, the third most important aerospace event in the world; says Mr Robert
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    • 289 3 ORGANISERS of Asian Aerospace '88 are taking some negative responses in their stride, with last-minute withdrawals from Asia's biggest aviation show by a few exhibitors. Industry sources told BT that India's Hindustan Aeronautics Limited, Rolls Royce, Bofors and other Swedish defence companies will
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  • Page 2 Advertisements

  • Page 3 Advertisements
    • 94 3 THE CRICKETER SPORTING SPECIAL The Cricketer English Pub is offering a sporting luncheon special of whole Roasted Sirloin of Beef on the Wagon, with Salad, Country Bread, Cheese Board, Dessert and Fresh Fruits for Sl4-I- 12 noon to 2.30pm, Mon to Sat. The Cricketer also features Draft Beer, Hot Roast
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    • 93 3 A unique concept in value shopping Brand-new merchandise and fashion wear sourced directly from major manufacturers. Many are production overruns from famous names, negotiated for at below production cost. A wide selection of fashion wear including well-known international names priced at least 50% less than what they would have been
      93 words

  • ASIA – PACIFIC
    • 684 4 Fear that recovery may turn into stagnation Reuter THE PHILIPPINES has emerged from a tumultuous year with democracy apparently firmly in place after Monday s local elections. but there is no euphoria among analysts over the country's economic prospects The economy has turned in
      Reuter  -  684 words
    • 291 4 THE PHILIPPINE MILITARY has said that it averted a rightist plot to disrupt voting in Manila during regional elections, and partial returns showed administration candidates faring better in the countryside than the
      291 words
    • 328 4 AP SOUTH KOREAN Prime Minister Kim Chung-yul said on Tuesday the government was working on a massive amnesty affecting as many prisoners as possible. "The government is considering special favours for the sake of national reconciliation and democratic progress," Mr Kim told a special
      AP  -  328 words
    • 228 4 AP TAIWAN'S ruling Nationalist Party's policy-making committee on Tuesday cancelled a scheduled weekly meeting, although dozens of party members had urged it to choose an acting party leader after the death of President Chiang Ching-kuo. A party statement said the central standing committee
      AP  -  228 words
    • 86 4 AFP THE INDIAN defence minister has said that the situation in Sri Lanka's north was near normal and it was time to begin political processes The Press Trust of India (PTI) said on Tuesday that Krishna Chandra Pant had appealed to the dominant rebel group,
      AFP  -  86 words
    • 523 4 AFP RIVAL LEADERS in Cambodia's nine-year-old conflict sat down to fresh talks in Paris yesterday, with the stakes raised in their bid to break the deadlock. Former Cambodian ruler Prince Norodom Sihanouk and Hun Sen, premier of the Viet-namese-backed Phnom Penh government, met
      AFP  -  523 words
    • 378 4 AFP FOUR retired generals in Jakarta have sought an explanation from the deputy speaker of Parliament over a comment he made on the past role of the Indonesian military which they claim could help generate a doctrine justifying "never ending intervention
      AFP  -  378 words
    • 183 4 Reuter CAMBODIA'S Khmer Rouge guerillas have denounced Vietnamese peace moves as a sham and said they would fight on until Hanoi's forces are out of the country. A Khmer Rouge army high command radio announcement, monitored in Bangkok on Tuesday. did not mention the
      Reuter  -  183 words
    • 869 4 ARRIVALS Operator Service Local From number time OA OA472 0015 SYD/MEl THAI TG481 0025 BKK SIA SQ11 0115 LAX/NRT IC •C555 0655 MAA MAS MH681 0820 Km MAS MH81 1 0910 PEN MAS MH671 0920 KUl SIA SQ103 0950 KUl AC AC8S8 0950 YYZ/lH«/BOM CPA CX710 1015
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  • Page 4 Advertisements
    • 179 4 don'-/- drcuo a Cine. be+ioeen buS/'/ieSS and holiday. Not here. fit Sari Pacj-fic Jakarta, (jou'/l Hi ink you're or) holiday even a/) bc/S'he SS it's not- fhat you'll be out" /'he. Rather, /S's t+>e /he hotel unfh heartmakes you -feel right- af- home. Friendly ai/entton and voar/V sertf/'Ce throughout- yoccn-
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  • Page 4 Miscellaneous
    • 126 4 Singapore OUTLOOK: Windy and Report tor 24 hours prior to 7.30pm on Jon 20 at Mai tamp 30.• Aaaoc humidity 01 Mln lamp 24.0 Aaaoc humidity *3 a*MkalilAA AC nn Of pwwnww 9.^9 Rainfall In mm mi Rainfall Ma m»... 220.4 Rainy day* Ma mth -7/-9 26/14 23/07 09/03 Unov
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  • Page 5 Advertisements
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  • REST OF THE WORLD
    • 556 6 AP THE US DOLLAR was buffeted on Tuesday by a Japanese government report saying Japan had widened its trade surplus with the US, but the numbers were not as worrisome as they appeared. analysts in the US said. Mr Edward Yardeni, chief economist, at
      AP  -  556 words
    • 200 6 AP BRITISH Prime Minister Margaret Thatcher has urged Japan to take further measures to open its markets and cut its sizeable trade surplus with Britain. In a meeting with Hajime Tamura, Japan's Minister for International Trade and Industry on Tuesday. Mrs Thatcher
      AP  -  200 words
    • 183 6 AFP JAPAN should correct external economic imbalances and boost domestic demand to restructure its economy so that it can make a better global contribution, an advisory body to Prime Minister Noboru Takeshita said on Tuesday in a suggested five-year economic plan. Its draft 1988-1992 plan
      AFP  -  183 words
    • 548 6 UPI PRESIDENT REAGAN on Tuesday reviewed the accomplishments of his administration over the last seven years as one long success story and told cheering federal appointees: "Let's bring them to their feet in our closing act." He made the valedictory remarks at his annual
      UPI  -  548 words
    • 472 6 AFP THE ELIMINATION of tactical nuclear weapons is "not a priority" for Nato, sources at the North Atlantic Treaty Organisation headquarters in Brussels said on Tuesday in response to Soviet Foreign Minister Eduard Shevardnadze s proposal at the end of his Bonn visit
      AFP  -  472 words
    • 364 6 Reuter SOVIET Foreign Minister Eduard Shevardnadze, starting a visit to Spain, the North Atlantic Treaty Organisation's youngest member, has warned the Western alliance against modernising weapons to compensate for the superpower nuclear disarmament agreement. His warning yesterday, at the end of a three-day visit to
      Reuter  -  364 words
    • 186 6 AP A TOP EUROPEAN COMMUNITY (EC) official on Monday repeated to Islamic ambassadors its opposition to the Israeli occupation of Arab territories and announced it planned more aid to Palestinian refugees, the European Commission reported on Tuesday. The four ambassadors had come
      AP  -  186 words
    • 441 6 AFP SOVIET troops will pull out of Afghanistan within 12 months or possibly sooner, Soviet Foreign Minister Eduard Shevardnadze said in Bonn on Tuesday. Mr Shevardnadze, referring to Afghan leader Najibullah's announcement that Soviet forces would leave within a year, said
      AFP  -  441 words
  • Page 6 Advertisements
    • 258 6 E OF LP RECORDS Jl Announcing six exciting new releases outstanding performances, demonstration-quality sound outstanding technical quality, extended playing times! OUTSTANDING PERFORMANCES The y feature top international soloists and orchestras and fEa* are amon g finest at any price. Mussorgsky: Pictures at an Exhibition Bizet: L' Arlesienne, Carmen Suites Night
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  • Page 6 Miscellaneous
    • 71 6 ...AND YOUR SOUL I NEVER mi GWU/OJITH PARED EACH UFE. THEN, DREAM IN THE 20TH CEN- OF SUCH JURY, YOUUMLISURF! THINGS! BY GARRY TRUDEAU MY SESSION'S ran. ONE ALMOST OVER! mesiA 7 LAST I MOST RE' &JT QUBS- TURN TO lUAT IN 7TON, CALIFORNIA! jsERJA* mm CUERB THE PUN C
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  • COMMODITIES
    • 442 7 Crude palm oil futuras closed mixed yesterday with an easier bias on the KLCE in erratic trading. Turnover touched a record of 2,365 lots from 1,662 on Tuesday while open interests was 6,781 contracts against 6,593 previously. Sentiment was affected by news that India, one of Malaysia's major
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    • 235 7 Chinese Produce Exchange Sellers' noon dosing prices on Jon 20 (SI/100 kg) Coconut oil Bulk FOB 120.00 OW drum FOB 130.00 New drum FOB 134.00 Copra Mixed (loose) 66 sellers Pepper Muntok wMte FOB NLW 1187.50 Sarawak white FOB foq NIW 1172.50 Sarawak special black FOB NLW 852.50
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    • 317 7 London Commodity Exchange Buyer/Seller doting prices on Jon 19 (£/tonne unlets specified). Previous doting prices in parenthesis. Coffee talis in-jtor« London, sellers option OF London Jan 1206/1207 (1213/1215) High/Low 1222/1206 Mar 1236/1237 (1245/1246) High/Low 1257/1235 Sates (3818) Cocoa Mar 1158/1160 (1158/1159) High/Low 1165/1154 May 1180/1181 (1180/1182) High/Low 1186/1175
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    • 243 7 RAS prices in S cents/kg, FOB In bal« NOON CLOSE Buyers Sellers Buyers Sellers bit 1 RSS Prompt 222.50 223.50N 223.50 224.50N bit 1 RSS Feb 88 220.50 221.50N 221.50 222.00N bit 1 RSS Mar 88 219.25 219.75 220.25 220.75 bit 2 RSS OP 217 JO 219.50
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    • 97 7 THE PRICE Of TIN on the KLTM gained a cant to cloaa at M 517.36 a kg yaatarday on soma conaumar damand, in spite of the eaaineea on the European spot tin marfcet. Sterling's steadiness against the ringgtt prompted further European and Japaneee buying interest but local activity
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    • 170 7 SINGAPORE The market closed slightly lower yesterday with February One RSS buyers quoted at 221.50 cents a kg. down 0.75 cent from Tuesday's close. Initially, prices were easier and continued to fall in subsequent quiet morning trading in line with a lower Tokyo market. Prices recovered slightly in the
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    • 80 7 (c»nt»/kg, 1-ton patlaft) FEBRUARY 86 MARCH 88 (current month) (forward month) RAS NOON NOON %uyrt SfNffi 8uy«n S»«wi SSR 30 334.00 336.00N 334.00 336.00N S» 50 333.50 224.50N 233.50 224.50N MRELB Ivy an Ivytn S#M#rs SMR CV 377.00 379.00N 278.00 280 00M SMI I 377.00 279.00N 378.00
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    • 269 7 HONGKONG: The metal closed marginally lower yesterday in fairly quiet and dull trading in the absence of fresh factors. The metal ended at U*****.50/478.00 an ounce against New York's U*****.70/478.20 close and the U*****.20/70 close here on Tuesday. On the local market, it rose HK$7 to end at
      269 words
    • 88 7 APART FROM kerosene which weakened on slack demand and LSWR which stagnated prior to news ot Indonesian allocations, all other products firmed on renewed buying interest on the East Asian markets yesterday. USS/borr* Om(t to- WK *wr Duboi INfe) WM> T..o, 1 J.70/90 ♦0.20 Wo., LSwt HMN,
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  • Page 7 Advertisements
    • 37 7 Orient I# Car fm M Leasing The SPECIALIST in corporate car rental. Call our HOTLINE now: N ORIENT CAR LEASING PTE LTD 913, Bukit Timah Road, Singapore 2158 We take good care of our cars for you!
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    • 309 7 Good ideas keep coming up put* IfU u s,ni harp p CS 0 0 m g? P 131 r 0 u I tsa Q C 3 c$ S3 E3 M 9 8 RW -V" o computer dot matrix display with 10 digits nent)» 15 levels parentheses* 18 separate addresses* Last
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  • MONEY AND EXCHANGES
    • 196 8 Reuter THE JAPANESE Finance Ministry has established standards of eligibility under which non-resident companies may issue yen commercial paper (CP) from Jan 29, ministry sources said. But it will exclude foreign subsidiaries of Japanese corporations, foreign governments and financial institutions in line with eligibility standards
      Reuter  -  196 words
    • 142 8 Gold futures on Jan 19 Silver futures on Jan 19 100 troy ounces; USS per troy ounce 5.000 troy ounces; US cents per troy ounce OpMI High Low s«m« Open High tow Sow* ion 477.00 477.00 477.00 477.50 1.50 ion 88 669.00 2.00 M> 477.30
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    • 188 8 Indicates the average of the prime lending rates of 12 major banks in S'pore Interbank market rates (offer/bid) on Jan 20 US$ DM SWFC Y«n 7 day) 7 6 7/8 8 1/2 3/8 3 3/8 1/4 1 1/4 1/8 4 1/8 4 1 m* 7 1/16 6
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    • 70 8 THE OVERNIGHT rate on the Singapore interbank market rose !4 point to close at 3% per cent yesterday. The one-month term rate was unchanged while the two and three-month rose by 1/16 point each. f S$ Interbank rates > at 12 noon yesterday: OfF» no Overflight 3 1/2
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    • 526 8 BA Futures Inc EURODOLLAR futures opened little changed yesterday from the previous close in Simex following a lethargic overnight trading session. However, prices remained depressed with trading mainly tracking a softer US dollar in quiet trading. The March contract opened at the high of 92.52 and drifted lower to'
      BA Futures Inc  -  526 words
    • 358 8 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels yesterday after a day of quiet trading. Most operators were largely sidelined due to a general lack of interest. The market was awaiting the day's release of US December housing starts, consumer price index and real earnings data for
      358 words
    • 84 8 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****X 21.4.88 2.87 2.82 2.87 2.82 6 months BY*****S 30.6.88 2.97 2.92 1 year BY*****T 24.11.88 2.97 2.92 2.95 2.93 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
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    • 1590 8 CURRENCY FUTURES OPTIONS Wednesday, January 20 1 988 DEUTSCHE MARK (SIMEX) Fea M cell* FitHpuk 55 M 57 St 59 60 61 63 63 64 65 66 67 68 3348 1478 768 9 126A 62A 2SA 9 5A Mar tt eel Low 33S 240 152 to 36 12 S
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  • Page 8 Advertisements
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      73 words
    • 9 8 IB R4NQUEINDOSUEZ 3 Shenton Way, Shenton House. Singapore 0106
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  • BANKING AND FINANCE
    • 420 9 FT JAPAN'S Exim bank is offering to provide India with loans totalling about US$3OO million to US$4OO million on concessional terms to help fund the construction of three or four thermal power stations which are being promoted by the World Bank. Negotiations are
      FT  -  420 words
    • 348 9 Reuter WEST GERMANY'S central bank has cut the value of its foreign currency reserves by about seven billion marks (US$4.4 billion) because of the sharp fall in the US dollar s value at the end of December. The Bundesbank did not give precise
      Reuter  -  348 words
    • 1436 9 SINGAPORE: The US dollar closed lower yesterday against major currencies, with its losses coming mainly in late afternoon trading. The dollar s weakness in late trading reflected selling by European traders in an otherwise quiet market in the morning dominated by narrow fluctuations. Most Asian operators were reluctant
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    • 177 9 Reuter THE JAPANESE Finance Ministry is drafting a bill to be handed to the Cabinet in mid-March governing a planned market in non-securities-related financial futures. It has yet to decide who may participate, a ministry official said. He denied a news report that the ministry
      Reuter  -  177 words
    • 864 9 Agencies FOR AMERICAN MONEY centre banks, 1987 profits hinged on the extent ot the institutions' loan exposure to Third World nations. The latest batch of earnings reports shows that Citicorp, which added US$3 billion to loan loss reserves last May. lost a
      Agencies  -  864 words
    • 615 9 NYT PRESIDENT RONALD REAGAN has opened the door to Soviet membership in the World Bank, the International Monetary Fund and the General Agreement on Tariffs and Trade, provided that Moscow makes good on its talk of economic reforms, according to a policy document that
      NYT  -  615 words
  • Page 9 Advertisements
    • 42 9 NCR On 1 January, we changed our name from NCR Singapore Sdn Berhad to NCR Singapore Pte Ltd Our address and communications numbers remain unchanged: 2 Alexandra Road #02-00 Delta House Singapore 0315 Tel: 273 2222 Fax: 274 0756 Telex: RS *****
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  • Page 10 Advertisements
    • 732 10 MANUUFE'S SUCCESS, A COM PERFORMANCE AN I Leading ManuL ife to the forefront I from right to left). Eunice Wong, Marketing Director; Donald P Ronahan. Managing Director; and Patrick Seet, Director of Administration The Mission of ManuLife (Singapore) Pte Ltd is to create a new image of professionalism and excellence
      732 words

  • Page 11 Advertisements
    • 486 11 i, A COMBMAnON OF PEOPLE IKE AND PROGRESS r "Good servicers an essential tool in Jm marketing ManuLife's"; ypP innovative products v successfully. To meet P 1 this goal, agents must pagf measure up to rigid standards. Three ManuLife i Wk m fundamentals are istantly to career agents: IIGHT. Because
      486 words

  • PERSPECTIVE
    • 559 12 THE HOTEL NEW WORLD collapse in 1986. The shock move-out of Hwa Chong Junior College last year. Now the abrupt evacuation order served on residents of Block 84 Cheng Hong Mansion. This string of discoveries of buildings with structural problems with tragic consequences in the Hotel
      559 words
    • 3567 12  - From party politics to role of judiciary Dr M replies to critics Sitting relaxed in his office on the third floor of the Prime Minister's Department, Datuk Seri Dr Mahathir Mohamad's private demeanour is so different from his public image that it can, to the uninitiated, be a shock. He
      3,567 words
    • 844 13 NYT THE AXE is falling more slowly on jobs in London's financial district than on Wall Street, but some analysts warn that it may eventually cut deeper. In the latest cutback in London, Midland Bank's Greenwell Montagu Securities Ltd announced on Monday
      NYT  -  844 words
    • 1050 13  -  Members of the US Congress have privately expressed disappointment over the outcome of Japanese Prime Minister Noboru Takeshita's first official visit to the US. Writing from Washington, STEVE USDIN provides an overview of the US-Japan talks. STEVE USDIN DURING his visit to the White House.
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    • 522 13 NYT THE WATERS off the west coast of Africa long the Soviet Union s largest overseas source of fish are increasingly off limits to Soviet fishing boats. In the last decade. Equatorial Guinea, Guinea-Bissau, Liberia, Morocco and Senegal have stopped allowing Soviet fishing. This
      NYT  -  522 words
  • Page 12 Advertisements
    • 204 12 M onagers ust anage BT shows you how every Monday. INVESTMENT OPPORTUNITIES FOR SALE Prime Industrial Showroom At 10.3% secured yield PETALING JAVA, MALAYSIA 1 1/2 storey showroom/office located next to Federal Highway in prime location. It has a Public Listed Company as tenant on a 20-year lease. Total Floor
      204 words
    • 78 12 Japanese Restaurant ('< 9 Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16++ per set, they are
      78 words
  • Page 12 Miscellaneous
    • 63 12 Gooo&ye por.erving I CAN'T -TVIRMK NOU &NOUGH y J Puepvsuße. rport-IMG mRN chr»s( scissors) H£.MPsS ONCOT "TVOSe miNDSTMPfT Goes from A to X borrHour DisTRFNc-reo OR 4 (Q'l Wis UJRV fl THPOOGW p» nOONTp»irJ OF ReD TRffe E>£iOßC sou could SAy jpck rd&msom CHRIS eRviNG N6£X3 YOUR MeLP.. rm I
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  • Page 13 Advertisements
    • 47 13 4 fCA tS7// r/ Yf7 (//r/X) s/ J/CA 7 f n .ap-",;? ith th IVst ui rant \quisiit 111 ussanct i\« ich UK er\ la 111 U r c L'KVc [).l it pm pt Sum u ions I'SL-r IM. pill v ISS. t \T SSI !or S42C.
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  • Page 13 Miscellaneous
    • 1196 13 TOasaaasQ® B 12 7.30 PM Opening and Programme Highlights followed by Lingo. S.OO Lovelaw The Right Choice. Does free choice lead to better marriages? Find out in this week's programme where it looks at the image of the ideal partner in different countries and how actual partners are selected. 1.50
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    • 703 13 26 27 CRYPTIC PUZZLE ACROSS 1 Mr FitzGerald's high place? (6) 7 A question of sport (4. 4) 8 A long sentence (4) 10 There was no side about this great inventor (6) 11 A religiously superior woman (6) 14 It's something you have about you (3) 16 A chit
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  • SPORTS & LEISURE
    • 276 14 UPI MATS WILANDER ground his way into the semi-finals of the Australian Open tennis championships yesterday when he outmanoeuvred fellow Swede Anders Jarryd 7-6 (7-2), 6-2, 6-3 in Melbourne. Wilander, holder of the *****4 Australian singles titles, will meet the winner of the quarterfinal match last
      UPI  -  276 words
    • 230 14 AP WIMBLEDON champion Pat Cash wasn't giving anything away on Tuesday except gifts to his adoring fans. Cash, who demolished Dutchman Michiel Schapers 6-1, 6-4, 6-2 in the quarter-finals of the Australian Open, will face world No. 1 Ivan Lendl of Czechoslovakia tomorrow. But the
      AP  -  230 words
    • 274 14 AFP A FULL-SCALE SEARCH was mounted on Tuesday for a Spanish team, competing in the Par-is-to-Dakar rally, who have not been heard of since Saturday. Jorge Juste and Horacio Sainz failed to complete the 16th stage between Lemjebir and Timbuktu in Mali, and although
      AFP  -  274 words
    • 365 15 Reuter ITALY'S Alberto Tomba won his seventh World Cup race on Tuesday and said he might even take up downhill racing in his quest to clinch the overall title. The Italian, known as "The Beast" because of his bull-like strength, went 43 points clear
      Reuter  -  365 words
    • 622 15 Former champ vows to teach 'the kid* a lesson AFP FOR A MAN only hours away from his expected execution, Larry Holmes feels no fear. Or if he does he hides it well. Talk of his impending demise is angrily brushed aside by the former world heavyweight
      AFP  -  622 words
    • 526 15 UPI A FIGHT between Mike Tyson and Michael Spinks will either be set by Sunday or won't take place this year, sources close to both sides say. Tycoon Donald Trump is working on breaking the thick ice between the two sides, but
      UPI  -  526 words
    • 238 15 AP TEO FABI, former Indianapolis motor speedway record-holder and Rookie of the Year, will return this season after more than three years on the Formula One circuit. The 32-year-old Italian will drive in the 15-race championship racing team series for Quaker State Porsche,
      AP  -  238 words
    • 294 15  -  By WALTON MORAIS FOUR national amateur golfers have been given an early Chinese New Year hongbao. Or a late Christmas present, depending on how you look at it. They have been invited by Australian Sports Marketing to watch the Greg Norman-lsao Aoki golf spectacular at
      294 words
    • 140 15 AP SOUTH AFRICA'S leading black golfers have decided to boycott the remainder of the South African professional tour, citing unfair treatment. Fifteen members of the allblack Tournament Players' Association withdrew on Monday from the US$lOO,OOO Lexington PGA tournament, set to begin yesterday in Johannesburg. They cited
      AP  -  140 words
    • 724 15  -  Jranklif sneaking.... WALTON MORAIS WHEN young Cassius Clay challenged menacing Sonny Liston for the world boxing championship in 1964, the stand-up comics in the US used to joke, "I'm picking Clay to live." They're probably saying the same of 38-year-old grandfather Larry Holmes for
      724 words
    • 175 15 AFP GARY BAILEY, the South Afri-can-born former Manchester United and England goalkeeper, has signed up for South Africa's top football club. Iwisa Kaizer Chiefs. Bailey returned to South Africa last year after a serious knee injury ended his career in England,
      AFP  -  175 words
  • Page 14 Advertisements
    • 882 14 V. FASHIONABLY HYATT Join the fashion-conscious every Thursday (3.00 6.00 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus.show at $10.50 rvr rvrsnn Plus
      882 words
    • 294 14 As3ldealtooyoufflKwuswiluc for hwch, 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 Sidliana and strawberries in marsala wine. Plus! Another
      294 words

  • Page 15 Advertisements
    • 224 15 m U.S. Prime Rib of Beef. Only 5522.50. Throughout the month of January we are offering for dinner US Prime Rib of Beef carved at your table side, served with braised onions, baked Idaho potatoes and a green salad at only $22.50. Or if you prefer, enjoy the selection from
      224 words
    • 139 15 I 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 $36+ Closed on Sundays. Saturday dinner only. Westin Plaza, Ist Floor. For reservations, call 338 8585. ext. ***** or 330 8310. The Westin Plaza
      139 words

  • 4338 16 BARGAIN-HUNTING and short-covering boosted stock prices in Singapore to a firm closing yesterday despite a disappointing performance on Wall Street overnight. On Tuesday. Wall Street stocks had closed lower as investors expressed disappointment over the latest trade figures from Japan
    4,338 words
  • 209 16 SINGAPORE Rises 's70 +35 "Co«po*« 408.31 114.90 745 +25 ,T S '2« MV, ji( 1., 860 +20 ,TCAa 7 b7? III W IT 1O-doy MA -4877 -6871 jT, ,4 ITOIV +*****17 *****90 95* +12* STInd«trioh 912.1 924.06 Capital STRnone 2004.97 2014*3 TrawmO'CO ST 593.73 595.41 Io ST
    209 words
  • 4337 16 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT'
    4,337 words
  • 278 16 Managers' prices Jopon Gr Fund 145 150 for Jan 21 Shenton Thrift Fund 081 081 1 Singapore Unit Trust 099 (JOB Management Un.lund 0825 0825 Th« Commerce 093 Uti.bond 0 985 101 The Soving* Fund 081 087 Spore ftrof Fund 037 041 MARA-Bumiputra S pore Sec Fund S
    278 words

  • COMPANY NEWS
    • 627 17 Vmm mm™ By HOCK LOCK SIEW QAF LTD shares are in great demand these days, if not in price then in turnover. In the last three and a half weeks, more than 13 million QAF shares changed hands on the Stock Exchange of Singapore an unusual phenomenon
      By HOCK LOCK SIEW  -  627 words
    • 373 17 MBT ARAB-MALAYSIAN Development Bhd (AMDB) is the first Malaysian listed company to tap the stock market for funds this year. The company yesterday announced a rights issue along with a sharp 67.8 per cent jump in group pre-tax profit to M 58.89
      MBT  -  373 words
    • 60 17 SETRON (M) Bhd has decided not to acquire Strawberry Park Resort Sdn Bhd. Setron, citing the main reasons for the company not proceeding with its earlier proposal, said: "SPR has a tax liability of approximately Ms4.sm which is under dispute with the Inland Revenue. The case
      60 words
    • 706 17 \mmf mm Reuter THIS IS A STORY about fading powers, emerging stars, fears, hope and greed, but more specifically about the outlook and players for the Tokyo stock market in 1988. Already money trusts (Tokkin), whose buying motivated the market
      Reuter  -  706 words
    • 526 17 Investigations relate to defence of Lloyds' bid Agencies THE BANK OF ENGLAND has cleared Standard Chartered Bank PLC of any wrongdoing in its defence against a hostile £1.3 billion takeover bid by Lloyds Bank PLC in 1986 Standard Chartered requested the investigation because of
      Agencies  -  526 words
    • 386 17  -  By LISA LEE PROPERTY GROUP Parkway Holdings Ltd has successfully tied up a $165 million financing package to replace existing costlier loans and to finance its expansion plans. Mr Tony Tan Choon Keat, Parkway s deputy managing director. said yesterday the group was now on
      386 words
    • 335 17 Bernama ES PUBLIC BANK Bhd said its proposed rights issue of 210 million new shares of 50 cents each at 80 cents each on the basis of one for two will rake in proceeds totalling M 5166.35 million after deducting estimated expenses
      Bernama ES  -  335 words
  • Page 17 Advertisements
    • 545 17 NOTICES In the matter of THE COMPANIES ACT, CAP. 50 and In the matter of GRAND INDUSTRIES TRADING PTE LTD NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting: of the Members of the Company duly convened and held at 51, Anson Road, #02-57 #02-59 Anson Centre, Singapore 0207, on
      545 words
    • 85 17 COMPUTER FOR SALE Available immediately: DATA GENERAL MV 4000 with 2MB Memory, and 1 unit of 147M8 Disk Subsystem 1600 BPI Magnetic Tape lAC-8, and D4OO CRT with keyboard 2 units of ISC2 Synchronous Controllers 3 units of D4OO CRT Display with keyboard 2 units of D2OO CRT Display with
      85 words

  • 339 18 Reuter NEWS CORP LTD has retained a strong credit rating in a review by private agency Australian Ratings Ltd in the wake of the October stock market crash. Australian Ratings left News Corp on an A-minus rating, the agency's seventh-highest category on a
    Reuter  -  339 words
  • 175 18 Reuter JAPAN'S Ministry of Posts and Telecommunications is considering a proposal to hive off the data communication division of Nippon Telegraph and Telephone Corp, a ministry spokesman said on Tuesday. NTT and the ministry are dis- cussing a plan by a ministry
    Reuter  -  175 words
  • 149 18 AFP JAPAN'S largest carmaker Toyota said on Tuesday that its production fell off in 1987 because of a drop in exports. Nissan, the country's second largest carmaker, also said its production had declined because of reduced exports blamed on the appreciation of the yen. Toyota's production
    AFP  -  149 words
  • 3682 18 THE Kuala Lumpur stock market started a shade lower but managed to finish higher over a broad front on bargain-hunting and short-covering in the afternoon. This was despite declines in some major overseas market. The New Straits Times Industrial Ordinary Share Index closed at
    3,682 words
  • 1468 18 Hongkong SHARE PRICES on the Hongkong market recovered from early losses and ended marginally easier yesterday after solid local buying support emerged during the afternoon. brokers said. The Hang Seng Index slipped 3.86 points to 2,484.29, after lagging 22 points in early trading. Turnover was HK5784.84 million,
    1,468 words
  • 133 18 JAN 30 WON Kal ***** -90 Ct>#H SuQtr Kangwon Ind Kia Motor ***** ***** *250 -70 Deelim ind Daewoo Corp Daewoo Heavy Daiahin Securities Dong Ah Phar Dong Soh Slock Dongbu Sleel Gold Star Ha nil Bank Hanil Cement ***** ***** ***** ***** ***** ***** ***** ***** -600 -300
    133 words
  • 482 18 Reuter SHARE PRICES on the Tokyo market closed easy in lacklustre trade yesterday in the absence of fresh incentives and amid uncertainty about the economic situation due to apparent mixed signals from US and Japanese trade figures, brokers said. The Nikkei Average fell 55.03 points, or 0.24 per cent,
    Reuter  -  482 words
  • 473 18 Reuter THE Australian share market closed easier in lacklustre trade yesterday as investors again took to the sidelines following falls on Wall Street and in London overnight, brokers said. "The general interest out there in investing is minimal corporate plays are the only bright spots," one broker said. The
    Reuter  -  473 words
  • 163 18 Reuter THE SECURITIES Exchange of Thailand Index dropped 3.00 points yesterday to 320.37 on a turnover of 4,342,012 shares worth 494.27 million baht. JAN M SAHT Ao Kham Thai Ayudhya Invaatmant 316 Bangkok Aground 87 Bangkok Bank 321 Bank 0< Ayudhya 316 Charoong Thai Wira Cabta 379 Data mat
    Reuter  -  163 words
  • 246 18 JAN M NT 32 40 0 9 All Sincere Indue 245 -0 07 Kuochan Oe* Lea Chang Yuan 40 50 36 70 1.1 1 Asia Cement Cathay Cons 70 50 73 50 2 2 Lien Hwa Indus Nan Ya Pias 38 20 56 00 1.1 15 Chang Hwa Bank
    246 words
  • 86 18 PESOS 1 30 -0 1 Aco|« Mining Anglo Ptiil Apai Mining B Atlas Con B 003 Oiantal B Ptxl Ovar»aa« ♦0 OM ptuiax B sis ooc ♦0 01 ♦0 0025 0 0650 34 50 unctt Pic op B *2 PLDT 162 7 San Mioual B Basic Pa»ro»aum 0 018
    86 words
  • Page 18 Advertisements
    • 466 18 KAMPONG LANJUT TIN DREDGING BERHAD (Incorporated in the Federated Malay States) ANNOUNCEMENT It was recently announced that approval from the Capital Issues Committee has been received for the following:i) a sub-division in the unissued and issued ordinary shares of $1.50 each into new ordinary shares of $1.00 each (Share-split). ii)
      466 words

  • WORLD MARKETS
    • 995 19 New York Reuter WALL STREET closed lower on Tuesday after investors succumbed to the disappointments of a wider than expected Japanese trade surplus and a smaller than expected gain in IBM's fourth quarter profits, traders said. After rocking back and forth in a 35point range, a round
      Reuter  -  995 words
    • 892 19 London Reuter SHARES on the London market were marked down modestly in early low turnover yesterday. Dealers noted some sporadic buying but trading was confined to a narrow range. The market gained some encouragement from Wall Street s comparative resistance to bearish news yesterday
      Reuter  -  892 words
    • 605 19 Selected indices HONGKONG Hongkong Index Wednesday 1.624 42 Tuesday 1,627 23 Week ago 1.557 56 Hang Seng Index Wednesday 2.484 29 Tuesday 2.488 )5 Week ago 2.***** All Industrials Wednesday Tuesday Week ogo NEW YORK Dow Jones Tuesday Monday Week ogo 2.0133 2.0157 1.962 0 1.936 34 1 ***** 1.*****
      605 words
    • 177 19 AFP INTERNATIONAL BUSINESS MACHINES, the world's largest computer manufacturer, reported on Tuesday a 50 per cent increase in net earnings for the fourth quarter last year. Much of the increase, the company said, was due to the declining dollar which made its
      AFP  -  177 words
    • 245 19 Reuter L M ERICSSON has agreed to sell its data systems division to Finland's Nokia OY for an undisclosed sum. "The resultant combination of Data System's activities with those of Nokia's Information Systems Division will create a new and expansive Scandinavian
      Reuter  -  245 words
    • 620 19 Long-term prospects bleaker, say analysts Reuter AB VOLVO is likely yet again to shrug off gloomy market predictions by presenting unchanged profits in its preliminary results, but long-term prospects are bleaker, analysts said. Most analysts polled by Reuters expected Volvo 1987 pre-tax profits, due out
      Reuter  -  620 words
    • 639 19 Reuter CARLO de Benedetti should eventually succeed in wresting control of Societe Generate de Belgique from the Belgian establishment and seems intent on shaking up, not breaking up. the holding company, analysts said. "If de Benedetti shows he's not
      Reuter  -  639 words
    • 168 19 Reuter THE PHILADELPHIA Stock Exchange said it named Salomon Brothers Inc as specialist and primary market maker in foreign currency options traded at the exchange's evening sessions. The move was effective Feb 4 and will be the first time in Salomon's 78-year-history that it will
      Reuter  -  168 words
    • 168 19 Reuter RETAIL GROUP Woolworth Holdings PLC has announced an agreed £13 million bid for Tip Top Drugstores PLC. Woolworth is offering 110p a share, with a loan note alternative, for every Tip Top share. It said it has already obtained irrevocable undertakings
      Reuter  -  168 words
    • 151 19 Reuter PARKER PEN LTD had anticipated going public on the London Stock Exchange but has deferred its decision. chief executive Jacques Margry said. "We have no urgent need to go public, but it is the objective of directors to return Parker to a publicly
      Reuter  -  151 words
  • Page 19 Advertisements

  • 380 20  -  By SOH TIANG KENG Financial Correspondent THE GLOBAL ECONOMIC climate is still clouded by uncertainty. although the effects of last October's stock market crash have been "less adverse" than expected. This diagnosis of the world s economic health was given
    380 words
  • 506 20 Both due to face 81 charges in court today AFP HONGKONG'S anti-corruption body has applied tor warrants to arrest two brothers from Singapore who vanished ahead of a fraud and corruption trial involving the near-collapse of Ka Wah Bank in 1985. Former Ka Wah
    AFP  -  506 words
  • 77 20 AFP FORMER CAMBODIAN ruler Prince Norodom Sihanouk and Phnom Penh's Prime Minister Hun Sen began a second round of talks near Paris yesterday aimed at ending Cambodia's nine-year conflict. The two leaders first met in Fere-en-Tardenois, north-east of Paris, last month. They had appealed
    AFP  -  77 words
  • 287 20 AFP FRANCE is to demand that the European Community start talks with Japan and other Asian nations to set firm trade rules for after the creation of the EC single market, Foreign Trade Minister Mr Michel Noir said
    AFP  -  287 words
  • 339 20 AP SOUTH KOREA, rapidly boosting its overseas earnings, is studying plans to further ease controls on foreign currency and overseas investment, government officials in Seoul said yesterday. Officials at the Economic Planning Board, the top South Korean economic agency, said the aim was
    AP  -  339 words
  • 271 20 AFP THE Hongkong government has urged deposit-taking companies (DTCs) to impose charges on large Hongkong dollar deposits to help curb speculation in the local currency, a DTC official said in Hongkong on Wednesday. Secretary for Monetary Affairs Mr David Nendick has called on the
    AFP  -  271 words
  • 220 20 THE SINGAPORE Government has condemned North Korea's terrorist bombing of a South Korean jet which killed 115 people. A statement from the Ministry of Foreign Affairs said: "The Government of Singapore is shocked to learn that the horrendous act of terrorist bombing which killed 115
    220 words
  • 86 20 Reuter COMEX GOLD FUTURES gave back a rally through Tuesday's highs on selling by managed funds and local traders in light morning activity yesterday. February gold held unchanged at U*****.20 an ounce, with the selling leading a retreat from U*****.90, which barely nudged out Tuesday's high of U*****.80.
    Reuter  -  86 words
  • LATE FILE
    • 61 20 AFP A 0.1 PER CENT rise in consumer prices in December pushed US inflation to en annual rate of 4.4 per cent in 1967, the steepest climb in six years, the US Labour Department said yesterday. Higher energy costs, prices for services and the fall in
      AFP  -  61 words
    • 52 20 UPI SENIOR CHINESE leader Deng Xiaoping predicted yesterday that the world will remain peaceful for the next half-century but warned China would not "lower our guard" against the superpowers. He made the comments in a meeting with visiting Norwegian Prime Minister Gro Harlem Bruntland in
      UPI  -  52 words
    • 61 20 AFP VIETNAM and China hava agreed to support Prince Norodom Sihanouk s peace initiatives for Cambodia and implement a cessation of hostilities along their common border. The Japanese Yomiuri Shim bun newspaper said yesterday the accord was reached at a meeting in December in Hanoi between
      AFP  -  61 words
    • 37 20 AFP SOUTH KOREA'S Samsung group is to make a major investment in aircraft production with the goal of building high-performance jet fighters and helicopters by 1991, company officials in Seoul said yesterday. AFP
      AFP  -  37 words
    • 55 20 AFP REVENUE from tourism in 1968 is expected to be the highest among Thailand's top 10 industries, the govern-ment-run Public Relations Department said in Bangkok yesterday. It quoted a survey as saying that Thailand was likely to earn 55 billion baht (US$2.2 billion)
      AFP  -  55 words
    • 45 20 AFP MORE THAN one million peo-~ pie have died in Afghanistan's eight-year war, while one-third of its population fled to other countries and 11 per cent were displaced, according to a report submitted to the European Parliament yesterday. AFP
      AFP  -  45 words
    • 37 20 UPI PRIME MINISTER Rajiv Gandhi yesterday became the first Indian government head to visit Pakistan in 28 years, flying to Peshawar to pay his respects to deceased independence leader Khan Abdul Ghaffar Khan. UPI
      UPI  -  37 words
  • 141 20 Reuter THE US has said it will consider supporting Malaysia's bid for a seat on the United Nations Security Council for the 1969-1990 session. Malaysian Foreign Minister Datuk Abu Hassan Omar said in Kuala Lumpur yesterday that the assurance was given by Gaston
    Reuter  -  141 words
  • 233 20 Reuter A HONGKONG delegation in London to gain backing for direct elections in the British colony urged Britain on Tuesday to act quickly to ensure democracy is not smothered when Hongkong reverts to Chinese rule in 1997. The head of the delegation,
    Reuter  -  233 words
  • 209 20 Bernama CHINA has agreed to invest Msl billion in steel-based industries in Selangor. Mentri Besar Datuk Muhammad bin Haji Muhammad Taib said yesterday the state government was negotiating with a group of businessmen from China Metallurgical Construction Corp on the matter and
    Bernama  -  209 words
  • Page 20 Advertisements
    • 16 20 Stake® ar« mounting, Pag« 4 r>;«M The touch of the master designer. (QMtJustf(S»iUtrCnUj> MbM V-iSS'SMLMSi -3Ki
      16 words
    • 10 20 Central bank haada holding talks on economic isauea, Paga 2
      10 words
    • 179 20 Se« page 5 CONDOM MAKERS and producers of fine salami will inevitably begin using airships as a medium of advertising soon. Airships, those lighter-than-air craft weighed down by a tragic history of disasters, are making a comeback. Recently, they've been most conspicuous as inflatable, flying billboards. But soon, they could
      179 words

  • SHIPPING TIMES
    • 1510 21  -  By LINDA CHEE FOR THE TWO remaining rigyards in Singapore, Far East-Levingston and Bethlehem Singapore, 1987 ended just as it had begun with empty rigbuilding orderbooks. Publicly-listed FELS. however, steered clear of the desert path and kept itself busy building small specialised vessels,
      1,510 words
    • 448 21 Lloyd's List MARITIME frauds cost an estimated US$7 billion last year with police forces and international agencies showing little success. As the London-based International Maritime Bureau (1MB) issued its 1987 figures, it warned again that maritime crime was increasing. IMB director, Mr Eric Ellen, said the
      Lloyd's List  -  448 words
    • 818 22 Fairplay "DON'T FORGET the Turkish invasion" reads a sign stuck in the desolate sand flats next to the approach road leading to Larnaca airport. All travellers leaving Cyprus take that message with them or so the Cypriot government of President
      Fairplay  -  818 words
    • 241 22 ALL SURVEYS were conducted on Jan 11 Argentina Buenos Aires 20 vessels operating; Bahia Blanca Normal operation. Australia Brisbane. Sydney, Melbourne and Fremantle Normal operation. Bangladesh Mongla 15 vessels operating. Brazil Santos 50 vessels operating. Cameroon Do u at a Waiting time of up to one Hay. Canada
      241 words
    • 776 22 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrons VII 3 American Tpt X 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III
      776 words
    • 1154 22 DRY CARGO chartering lacked recent volume on the London shipping freights market on Tuesday and while it was still showing a firm undercurrent, it was unclear how much further the bull run would extend. An unconfirmed report alleged that Krohn had conceded a firm U5512.97 (fio) on the
      1,154 words
    • 325 23 Reuter MINEFA HOLDINGS was reported to have had talks with Norwegian businessman Torstein Hagen on plans for a restructuring of Koninklijke Nedlloyd Group NV. Minefa. with a 10 per cent stake in Nedlloyd, is its largest single shareholder. Dutch financial daily Het
      Reuter  -  325 words
    • 146 23  -  From Kingsley Wood THE AUSTRALIAN Chamber of Shipping has formed a Foreign Shipowners' Committee to represent the interests of those shipping companies based in Australia. ACS executive director, Mr Llew Bowen. said the creation of the committee was a logical extension of the organisation. There
      146 words
    • 168 23 Reuter NEW FOREIGN shipbuilding orders received by Japanese yards in December rose to 21 ships totalling 357.378 gross tonnes (grt) from six ships ofc v 320.900 grt in November, thai#; Japan Ship Exporters' Association said. ftJ December orders with five vessels of 87,700 grt
      Reuter  -  168 words
    • 71 23 Reuter THE SOVIET Baltic oil ports of Ventspils and Klaipeda are still free of ice. but the situation at and off Leningrad is unchanged, with ice 30cm thick in spots. The Finnish Institute of Marine Research said that in Finland. further restrictions came into effect
      Reuter  -  71 words
    • 8250 28 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.
      8,250 words
    • 126 28 Area/Port Viscosity Density Wster CST at 50C G/ML st 15C Volume 0A0 Africa/Red Sea Jeddah 164/172 0.954/0.955 0.0/0.6 Durban 142/170 0.989/0.991 0.1/0.2 Arabian Gulf Ras Tanura 141/152 0.946/0.948 0.1/0.1 Bahrain 179/188 0.975/0.976 0.0/0.1 Europe Rotterdam 133/555 0.969/1.004 0.0/1.1 Hamburg 121/378 0.966/0.991 0.0/0.8 Le Havre 24/353 0.922/0.986
      126 words
    • 1446 29 AT CONVENTIONAL WHARVES SPC 1 Sr. Now Hua 2 J12 J3 alongside oiongside 6 o 1 > Aulia Se'Oya J3 2101 I2X *****300 Berth Arrival Departure New Man Hrng JI2 21 01 0700 2201 0600 KEPPEL WHARVES Sea Peorl 1 JI0 21 01 1530 *****600 S nmebi"
      1,446 words
  • Page 21 Advertisements
    • 596 21 ■i^V GAPO RE SlN^ H 1 STP Distributors y** w 9998 Wmm Jard nes NORTH iMfRIC* ATLANTIC EXPRESS fROUNO THE WORLD ROUTING' EXPORT BROOKLYN BRIDGE/ NORTH AMERICA CALIFORNIA PN# WEST CANADA IMP'if BROOKLYN MIDGE OMENTAL FORTUNE ±232 EUROPE EXPRESS SERVICE S port La Mwr» rrtOM 1112 12/2 11/12 I*2 HONG
      596 words
    • 83 21 mm IN CONTRAST with the atmosphere of gloom permeating so many European shipping centres these days, where words like "survival" and "consolidation" are the best that can be expected, the maritime community on Cyprus is talking "expansion" and "prosperity". Page II MINEFA HOLDINGS was reported to have had talks with
      83 words
    • 608 21 STP Distributors I*l MAERSK LINE FOR FAST TRANSIT TO LE HAVRE USE MAERSK LINE The on* ll list m Closing Tut* CY 27/1 2300 MRS CFS 27/1 1300 MBS LAUST M ANOERS M AXEL M ARH.O M LUNA M ARTHUR M ANNA M This week M LAUST M Closing Time
      608 words

  • Page 22 Advertisements
    • 619 22 CGMPAGNIE MARITIME DAFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT FELIXSTOWE ETA C*****2LES ivuniHigiM *****2131 *****77 carjo to all U.K. tatxutiam, Scandinavian (Aarhut, EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT) 17 DAYS OUTBOUND TO MEDITERRANEAN LATTAKIA ETA VOY VIA
      619 words
    • 20 22 Lines and services represented by /%|WS\ Members of the Reaistry of Accredited ?B©H* Shipping Agents. Singapore National vXmtjjrSj Shipping Association.
      20 words
    • 263 22 CHA RGEURS REUNIS f* m FEEDER VSL VSI TO WEST INDIES ■OTHER VSI CR LIBREVILLE ETA MARSEILLE VK POINTE-A-PtTRE rotT DE france KGBAO-OU I vm GO TO MAURITIUS, LUANDA, BANGUI N'DJAMENA. NUMEY, OUAGADOUGOU. DOGO »tt° VAOUNOC. BANJUL. BOUAKZ. TAMAUSBOUKRO. MARAO) FRANCEVfcLE. BRAZAVUC, NOUAKCHOTT ON OMCCT MLLS VUMt ACCVTMUW SIN i
      263 words

  • Page 23 Advertisements
    • 1033 23 The Straits Steamship Group i Mansfield Container Shipping Re Ltd pc/vpf P&o i«VA>L Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok OSAKA BAY CITY Of EDINBURGH LARGS BAY HONG KONG EXPRESS CARDIGAN BAY RHINE MARU TOKIO EXPRESS KOWI.OON BAY BENAVON OSAKA BAY Alto Accepting Cargo For:
      1,033 words
    • 614 23 CJ VESSEL lELEIAI SEHATM TAIWAN SEHATM EUROPE m WF 711 ILK WF 712 N K Wf Ml a.K WF 802 05 03 02.03 03.13 00.03 07 J3 100.03 lUI 18 03 |20J3 03 04 EE 002 EE 013 117.01 110.01 EE 014 31.01 EE OH 114.02 Bim mttrmrrw h.'-ut v
      614 words

  • Page 24 Advertisements
    • 331 24 CQNTAINERSHIP SERVICE TO UK/CONTINENT Hapag-Lioyd ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM CARIBBEAN S. AMERICA CONV'SEMI CONTAINER SERVICE TO EUROPE CONV/SEMI-CONTAINER SERVICE TO MED LUROPK CONTAINERSHIP SERVICE FROM UK,CONTINENT Singapore *****00 K. Lumpur *****25 Rooking *****08 P. Kelang *****18 CFS *****48 CFS *****50 Penang
      331 words
    • 602 24 IK.S.L.INE FULLY CONTAINERISED SERVICE 10 FUROPE VIA SUf/ Iff! swr mm FROM LuROPi VIA SUE/ 25/1 31/1 5/2 7/2 l«/ 2 21/2 A Membff ol Ihf Ace Consortium 3/3 4/3 A Member of the Ace Consortium ONIfIINIRISfO 10 (ROM NORIH RWtRICA MS! COASI CONVtNTIONAL SERVICE TO PERSIAN GULF VESSEL HAISBON
      602 words
    • 277 24 Va FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO CHITTA6ON6: sailing 30/1 FOR: PORTO, LISBON, ORAN, BILBAO MADRID, MALAQA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER A ISTANBUL U.S.A. NYC ALSO ACCEPTING TO. PAPUA NEW GUINEA PORT MORESBY, RABUAL, LAE KIETA, MADANG A KIMBE NOUMEA 21/2
      277 words
    • 740 24 EVERGREEN Full Container St'rvic Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) NYC LHV AN* RON FIX HK SGP 4/3 U/J 13/3 14/3 I*3 17(3 W ALSO ACCEPTING CARGO TO: I) PtOVIKNCE. HCWARK. SAVANNAH ROSTON PMILAHLRWA. NORFOLK. JACKSONVILLE WILMINGTON. BERMUOA ETC 7) ATLANTA. CHICAGO Of TRW T COLUMBUS A OTHER MAJOR MICROtRiOGE DESTINATIONS I)
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  • Page 25 Advertisements
    • 791 25 wmmmrn \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE 1 20/1 mni 1 n omit 0/2 w ioj> 14/2 a s/2 iwb old omit sld old ommt a/2 24nb omit 13/2 lit 21/2 in I*2 20NB 23/2 24/2 2*2 2/3
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    • 529 25 BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE iJIIVIJIFJ.'IIIk'UIIJiIiII FIJI AND SOUTH PACIFIC ISLANDS JEBSEN SOUTHLAND 21S SIN NOUMEA AKL T6A NAP TIM TIM/IY TIM/DN BLUFF 6/2 29/2 3/3 6/3 S/3 10/3 10/3 I(V3 llfl ANAN6EL LEADER VOY 7S SIN NOUMEA AKL TGA NAP TIM BLUFF 4/3 2S/3 29/3 2/4
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    • 545 25 MVMS 2 a EXPRESS SEMI CONTAINERSNIP SERVICES il ilLl VSL/VOY MNOA GABM/201 ■a tar aii, am ANTWEBP A DAM/0 DAM HBUBG/BBEBEN Sublet to InduMmxil Also MCfpUng cargo to C—Who, P SmM, Poet Alexandria, Genoa, Trtoato. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO UK PORTS. HULL. LE HAVRE. OSLO.
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    • 349 25 BOUSTEAD SHIPPING AGENCIES ITONEYWA V23IW IYOMAYWA VIOWT •AGAN VI23W •A-AN VI2OW lAWLAMYAING V/ 37 BURMA FIVE STAR (Burmese National Line) S'pore P.Kelang Penang Bangkok In Pt/21 Jan 23/25 Jan 13/19 Jan 23/25 Jan 27/23 Jan 25/21 Jan BANK LINE NORTHBOUND TO UKC MORAYBANK V4N CLYDEBANK V22N FORTHBANK V2IN TAMAITAI SAMOA
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  • Page 26 Advertisements
    • 1255 26 fiTLflrmC COAST (Round-The-World Service) •PK/PNG S'PORE LB CHLS NFK NYC HFX B. BRIDGE V6/AMBASSADOR Sid 23 Jan 13 Feb 23 Feb 25 Feb 27 Feb 2 Mar BRIDGE VIS ORIENTAL FORTUNE V 7 23 Jan 28 Jan 20 Feb 1 Mar 3 Mar 5 Mar 9 Mar •VIA FEEDER PACIFIC
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    • 757 26 '/Ie INDIA EXPRESS CONTAINER SERVICE AcccpMng FCL/FCL Container* Smppo'e P Kdan| Ptnan| Loading tor Mother Vsl By fttOK B, fMr "Ji""*" 1 vl< HM/Catartto/Cbo/Madras i SCHEEL V 31 30 Jan CMUMa PRADESH V XH Fob KtrtU Bent*, fLf' V m ?J* »l«i PJm Cbo Mjdrav MM Calcutta HWCaI/CMUrn CatcuttaMadrai Kandla
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    • 706 26 GOLDEN LINE GUAN GUAN SUPPING (PTE) LTD 23. T«M Af« StTMt SINGAPORE 01M TEL: UOM (ID UNO) Fu SMBM STRAITS/PERSIAN GULF SERVICE: S port P Keter* FW< GOLDEN HARVEST Cotombo/Karacfc/DwUi 29/30 Jan GOLDEN HAVEN Cotwnbo/Karacfct'Dutwi 12/14 F«fc CHINA SERVICE A VESSEL Shanghai Hsinkang 2V» Jan Ml TUN SHAN Shanghai'Hsinkai* 21/30
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    • 475 26 PHIU Oni€NT LIN€S PT€ LTD H(AD OFF Ct 63 ROBINSON ROAD *0? 1? AIRO AS A BJUDIN3 SINGAPORE 01CS TELEX RS ***** PMIII EA» 7?556 6 Gaaz DUBAI DAMMAN KUWAfT. DOHA. MUSCAT. BAHRAIN. ABU DHABI i SHAIUAM. JEDOAH. NOOBOAH. AQABA N KONG KOBE. KEELUNG. 1 i'V 1 USA SERVICE lON.
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  • Page 27 Advertisements
    • 746 27 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD. FE EU/AUST TPA/SEA Terminal CFS OOOKINCS *****43 *****42 *****22 *****53 *****19 *****16 27*111 27*141 NEPLINE SON. BHD. xmmi INWARO/OUTWARD NEPLINE SON. BHD. 2****** ENQUIRIES *****44 NEPLINE SDN. BHD. 62U35/6276«/627K1/627t62 NEPLINE SDN. BHD. *****0/2300(1 fi.l; II Vi A d 11:1 iTUHTTII'j TO EUROPE/UK
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    • 430 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN. INCHON Vessels Name ETD BS BKK S PORE PRELAW BUSAN MO JI •Gloria/lOIN 09/01 20/01 fiW W OW OW BOCHURN 15/01 NIL 2M>l No 9 Donam/MIN 15/01 27/01 30/1-1«2 02-02/01 12-14/02 16/02 No t Donam/MIN 22/01 02/02
      430 words
    • 749 27 OIINjUV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** f. KELANC 55** m/s handling system co son md MESSRS HAI THONC SHIPPING 127 Pananf Straet Pwanj,
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  • Page 28 Advertisements
    • 298 28 akMtf.Wi|;l«iniHCa CORPORATION (PTE.) LTD. TEL 225 6868 i3O lmes> FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTFRACHT/SEEREEDERE I ROSTOCK INTEGRATED FULL CONTAINER SERVICE "VIA COLOMBO: Acceptor* cargo (or INDIA Bombay. Cochin. Madras Calcutta "VIA LARNACA Accepting cargo lor Lattakia. Piraeus, Thessaloniki. Izmir,
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  • Page 28 Miscellaneous
    • 144 28 Ya Regional Weather fe is r. 4 r A A <^ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7J30 A.M. THIS MORNINQ. t A o Wind direction with tpeed m knott ICGCNO: R Temperature c A Wmd direction with K>*«d m knott Rom Wove height Ck>udy Sky Svr+oce vtfidt md«cete4 by
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  • Page 29 Advertisements
    • 1118 29 L\csp' CSP SHIPPING AGENCIES PTE. LTD SO, Jatan Mn, #07-01 J«l»n Sultan C.ntr. S'pore 0719 I T.I *****93 291 «196 2914*53 F.« *****44 FCL/LCL TO: CMiU, HONG KONG, BANGKOK, P.KELANG, KEELUNG, KAOSHIUNG, MANILA, BUSAN, TOKYO/YOKOHAMA KOBE, OSAKA, JAKARTA, E. MALAYSIA ALL EUROPE BASE PORTS w ALL USA PORTS Also accepts
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    • 231 29 UN I PACIFIC TRANS. TRADING AGECY PTE. LTD. i IRAQI LINE •»c S'S'f SI 'C« '•4«S»C«' EAST BOUND SERVICE ETA S P0« LOADING FOR ALFARABI W1 Japan MV SINO6AD 20/2 Japan WEST BOUND SERVICE ETA S PORE LOADING FOR MV BAGHDAD SM Jaddah. Aoatn Ba(M*d THROUGH B/Ls to BAGHDAD UPON
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  • Page 30 Advertisements
    • 307 30 Hai Sun Hup Co (Pte) Ltd TEL ??0-J t >o6 (20 Linos) TLX RS ***** fi. RS ?0f)72 t I \s| 1 K\ \K I I\l K I II) WEEKLY CONVENTIONAL HEAVY LIFT SERVICE FROM SINGAPORE/PORT KELANG TO: HONGKONG KEELUNG KAOHSIONG TOKYO/OSAKA YOKOHAMA NAGOYA/KOOE CAR CARRIER SERVICE TO MUARA/KUCHING KK
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    • 377 30 COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SO4-COTTAWEP SERVICE TO FORTH BANK V2IS In Port To Port Moresby, La«, Kieta. COLUMBUS NIUGINI 1/2 Rabaul, Madang, Kimbe VIS Accepting via Transhipment to Orobay, Wewak and Alotau Africa Ocean LiNts Lid. jrtdah. Port Sudan. Ai North Cantxwnt Ports Lagos,
      377 words
    • 192 30 ILL LCL WEEKLY SERVICE TO: KEELUNG BANGKOK FREMANTLE HAM/BREM 27/1 ROTTERDAM 27/1 TILBURY 27/1 SYD/MELB 22/1 ADELAIDE 28/1 (transit timo 12 days) WEEKLY CONSOL. SERVICE FROM GERMANY CON-CARRIER 54/87 CON-CARRIER 55/87 ETO GERMANY ETA S'PORE 5/1 25/1 14/1 4/2 LCL SERVICE TO CARRIBEAN PORTS ST. VINCENT, GRENADA, ARUBA, GRAND CAYMAN,
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    • 612 30 /M wmmmm CALL US AT: P. KELANG PENANG J. BAHRU P. GUDAMG i SINGAPORE 1 K. LUMPUR 3H5753/Jbl7lll '04-*****2/4, *****3 •07-241 M 47-*****3, *****5, *****0, *****1 42-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE VSL r," 'Ji LOADING FROM: GOTHENBURG, BREMERHAVEN, HAMBURG. ROTTERDAM OTHER ORIGINS AARHUS. AMSTERDAM. ANTWERP, MILE.
      612 words