The Business Times, 9 February 1988
1988-02-09
1
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The Business Times
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Title Section11 1988-02-09 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, FEBRUARY 9, 1988 75 CENTS11 words
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Article304 1988-02-09 1 AFP Dow Jones lower WALL STREET share prices, which fell last week, continued their downward spiral at the start of trading yesterday, with the Dow Jones Industrial Average falling below 1,900. After less than 15 minutes of trading, the Dow was off 17.08 points at 1,893 40.AFP - 304 words
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Article, Illustration350 1988-02-09 1 MAJOR Asian stock markets closed lower yesterday with sharp falls seen in Hongkong and Australia, while Tokyo and Singapore registered smaller losses. Last Friday's 13-point fall to 1910.5 on Wall Street's Dow Jones Industrial Average led to even more caution in the350 words
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696 1988-02-09 1 M G G PILLAI - Parliament could amend the Societies Act retroactively From M G G PILLAI MALAYSIA'S premier political party, the United Malays National Organisation, cannot be reregistered, according to a Registrar of Societies official. Members of the 42-year-old party, which had its funds and assets frozen as a696 words
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325 1988-02-09 1 Bernama TWO FORMER Malaysian prime ministers, Tunku Abdul Rahman and Tun Hussein Onn, former trade and industry minister Tengku Razaleigh Hamzah and several other leading Umno members have set up a pro tem committee to establish a new Malaysian politicalBernama - 325 words
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208 1988-02-09 1 AFP THREE MAJOR Japanese banks are getting the green light to enter the securities business in West Germany, a sector which remains prohibited to them at home, according to bank spokesmen in Tokyo. "Our understanding is that (Mitsubishi Bank, Fuji Bank andAFP - 208 words
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Article134 1988-02-09 1 THE US DOLLAR held steady yesterday against major currencies in thin trading in Tokyo, Singapore and other Asian foreign exchange markets. In Tokyo, a bullish bond market and speculation that the US trade deficit would narrow in December prompted buying of the dollar. But strong134 words
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591 1988-02-09 1 ALVIN TAY - By ALVIN TAY PLANS by the Rubber Association of Singapore (RAS) to launch a new futures contract to replace the de-listed Technically Specified Rubber 20 (TSR-20) contract are about to bear fruit. The RAS management committee has endorsed a proposal for a new TSR-20591 words
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Article, Illustration276 1988-02-09 1 BUSINESSMAN Allan Ng and Standard Chartered Bank manager Michael Taylor were granted more time by the court yesterday to arrange a date for trial. Their case will be brought up in court again on Feb 26. Taylor has already engaged a Queen's276 words
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Page 1 Advertisements
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Advertisement47 1988-02-09 1 Nikon The Wo'ld s Finest Photograph*: Srstem Full report, Pag* 14 Regional markets, Page 16 X BALLY oj Switzerland Sizes: 5 to 11 I THE MARCO POLO HOTEL SHOIVING ARCADE, TANGLIN ROAD SINGAPORE 1084 TELEPHONE: COLD STORAGE ANTREPOfNT. 1760RCHARD ROAD. CK% I; SINIjAPOHE OB23 3 riXEP»KJNE *****2547 words
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Advertisement372 1988-02-09 1 Vying for seats A TRAVEL BOOM to Australia has been created in recent years, what with it being a comparatively cheaper holiday destination and aggressive marketing on the part of the travel industry. Yet, it's not that easy to fly Down Under as evident bv numerous complaints made by travellers372 words
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Advertisement169 1988-02-09 1 Nikon itrorld s Photographic Sysf*vr> "I was so impressed by Singapore, I bought it" With as little as $1,000 you can now buy a piece of security. Because by investing in Singapore Government Securities, in the form of $1,000 notes or bonds, you're not only assured of a fixed annual169 words
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HOME NEWS
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Article, Illustration510 1988-02-09 2 JEFFREY TSANG - Interim injunctions taken out against six local companies By JEFFREY TSANG AMERICAN computer and video 3ame manufacturer Atari Corp nas taken out interim injunctions against six local computer dealers for infringement of its copyright and design patents. The company and its local agent,510 words
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326 1988-02-09 2 BOEY KIT YIN - By BOEY KIT YIN DUTCH electronics giant Philips has expanded its operations in Singapore following the purchase of North American Philips Corporation at the end of last year. As a result, N A PC's new subsidiary in Singapore SMT Circuit Assembly has enhanced326 words
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155 1988-02-09 2 A FOUR-DAY conference on the clothing industry will be held at the Marina Mandarin from June 21 to June 24 this year. The International Apparel Federation Conference, which is being held outside member countries for the first time in 12 years, is hosted by155 words
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396 1988-02-09 2 TONG SUIT CHEE - By TONG SUIT CHEE A $50 MILLION theme park planned for Jurong has taken snother step towards reality with two bids received for developing the project. Both bids are from foreign companies. The companies are ATV Holdings Ltd and Dominion Auctioneers Appraisals396 words
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173 1988-02-09 2 FAR EAST-LEVINGSTON Shipbuilding has joined hands with two companies to form a new subsidiary to make products for the oil exploration and production industry. Called the Oil-Equip-ment Manufacturing Pte Ltd (OEMPL), the new company is located in Jurong. A. statement from Far EastLevingston173 words
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Article, Illustration204 1988-02-09 2 AT THE TOUCH of a button, visitors in Singapore can now directly reach their home country's international operator. Telecoms yesterday introduced a new service, the Home Country Direct Service, to make it easier and more convenient for visitors to call home. Miss Ying204 words
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Article44 1988-02-09 2 SIX government mints will take part in the second Singapore International Coin Convention starting this Friday at Hotel New Otani. They are the China Mint. Perth Mint Royal Canadian Mint, Royal Mint of Britain, the US Mint and the Singapore Mint.44 words
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Page 2 Advertisements
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Advertisement266 1988-02-09 2 Sharpfe InTfour Corner A portable personal computer with k. built-in dual 3 V2"720K8 floppy drives for your comer, desk or your lap. HEPW mm v; H.; mmm. 1 Us 0 HPf, i./ > PC-4502 Personal Computer with Dual 3Vj' Floppy Disk Drives *****-7.I6MHz processor Illuminated supertwist LCD display. IBM* PC™266 words
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Advertisement50 1988-02-09 2 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex fax copier word processing secretarial services conference room answering service long short term lease von name it 1 Your inspection enaturies welcome WORLD WIDE BUSINESS CENSES <$> PTE LTD «11 04 06 Peninsula Plaza I 53650 words
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ASIA – PACIFIC
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235 1988-02-09 3 Reuter BUSINESS CONFIDENCE in New Zealand has slumped and investment is expected to drop dramatically, according to the private New Zealand Institute of Economic Research. Its December quarterly survey of business opinion, taken after the October share market collapse, shows no sector of theReuter - 235 words
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454 1988-02-09 3 AFP SOUTH KOREA is likely to bow to US pressure to open up its markets despite widespread domestic opposition, but could delay a decision until after coming parliamentary elections, analysts said. Opposition parties are expected to make the problem a top issue inAFP - 454 words
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272 1988-02-09 3 Reuter SRI LANKAN President Junius Jayewardene predicted that Tamil Tiger guerillas fighting his government would be defeated by Indian troops before April. "I don't think they can continue their opposition after April. The fight will go on till they cooperate orReuter - 272 words
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242 1988-02-09 3 Reuter SLOW GROWTH in major world economies combined with the world share market slump is likely to limit Australian economic growth in fiscal 1988-89, according to the Australia New Zealand Banking Group Ltd (ANZ). Sensitivity to commodity prices would make it difficult toReuter - 242 words
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178 1988-02-09 3 Reuter AUSTRALIA'S ruling Labor Party faces an uphill battle in local elections next month after suffering a shock by-election defeat over the weekend. The elections in New South Wales, the country's most populous state, would be the first major testReuter - 178 words
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161 1988-02-09 3 AP CHINA'S economic reforms are being undermined by a "disturbing new phenomenon" of price-fixing by industry cartels, an authoritative weekly said. Some industries, taking advantage of reforms which allow them greater freedom to set prices, are "seeking unfair profits by conspiring to monopolise prices", the BeijingAP - 161 words
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Page 3 Advertisements
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Advertisement207 1988-02-09 3 The ultimate luxury isn't found on any assembly line. rr a a mw H HWf 1 leni 11»rd :ii,it!• hist< *r\ «ist|>-nianv,h<.• i::\i i v-i:i>• i li.it 1 \i»K(»ni;iv•_'<"!«aviiinhi>t<»rvasthe<« jia t U••!. it V»u I! u<»t timi <1 ra assembh lim* at ;:•<»v* .i<h (ar pi, int hi Kciim.tr Mvilr-n207 words
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Page 3 Miscellaneous
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Miscellaneous230 1988-02-09 3 City Max/ Note Mm (•C) Adelaide 23/14 Fine Amsterdam 05/02 Clear Athens 16/09 Clear Bahrain 19/14 Clear Bangkok 34/24 Sunny Barbados 28/24 Cloudy Beijing 03-10 Clear Beirut 17/06 Sunny Belgrade 12/03 Clear Berlin unov Bermuda 20/10 Cloudy Bonn 03/01 Rain Brisbane 30/19 Fine Brussels 06/02 Clear Buenos Aires 30/17 Clear230 words
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Miscellaneous56 1988-02-09 3 Doonesbury A LOT OF PEOPLE UALL TELL yOUMYCANPHMCy !SA LONG SHOT. UUL, THZ BATTIES OF LSKIN6JDN ANP CONOORPMGXELON6 m ii A K r 9 BY GARRY TRUDEAU AS Ihß SAID MANY TIMES DURJNG THIS CAMBH6N, XXJ GOTTA BE A LITTLE NUTSTO RUN FOR PRESIDENT—ANP I MEET THE CRITERION'. SmiKQUBST pchcp56 words
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REST OF THE WORLD
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Article1007 1988-02-09 4 ARRIVALS Operator S*rvic* Local From whir fim» SU SQ11 0115 IAX/NRT CAL <□341 0155 TPE NCA KZ205 0240 NRT JAL JL617 0305 TYO FT FT75 0315 JFK/0FW/IAH/ ORD/ANC/NRT MNL/TPE CAL CI333 0405 TPC RNA RA407 0645 KTM/8KK MAS MH681 0820 KUL SIA SQ417 0820 DX8/KHI SV SV3981,007 words
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Article596 1988-02-09 4 Emergency meeting on farm subsidies and staving off bankruptcy AP THE EUROPEAN COMMUNITY'S mounting cash crisis enters a new. possibly decisive stage this week as leaders of the 12 member countries prepare for an emergency summit. The West German government, which will be chairman of theAP - 596 words
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319 1988-02-09 4 NYT THE WEST GERMANS' faith in nuclear energy, never too strong and even shakier since the Chernobyl disaster, has been further battered in recent weeks by a barrage of revelations about embezzlement, bribery and illegal shipments of nuclear wastes in the industry. The scandalNYT - 319 words
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230 1988-02-09 4 UPI A SOVIET tobacco factory haa bean closed in Minsk becauae its products were not wanted by conaumers, Radio Moscow said last Sunday. Shutting the factory was in line with both the perestroika reforms of Soviet leader Mikhail Gorbachev and apparently an anti-smokingUPI - 230 words
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173 1988-02-09 4 Reuter ALFRED HERRHAUSEN. speaker of the management board of Deutsche Bank AQ, said the West German economy had weakened but he saw no reason to predict a recession or a depression. Mr Herrhausen told Die Welt newspaper in Bonn that investments were holding relatively stableReuter - 173 words
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Article, Illustration253 1988-02-09 4 UPI LESLIE MANIGAT was insugurated on Sunday as Haiti's first elected president in 30 years and said his victory in srmy-run elections condemned by many as rigged ensured "the chances of a true democracy" in the impoverished Caribbean nation. Mr Manigat, a 57-year-old former political scientist,UPI - 253 words
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466 1988-02-09 4 Reuter SECURITY-MINDED businessmen can now buy gadgets that will let them see in the dark or open a door with a glance. On the other side of the shadowy world of industrial espionage a growth industry in Britain the spy can photographReuter - 466 words
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231 1988-02-09 4 Reuter AMERICAN CONSUMER confidence improved again in January, but consumers are becoming more concerned about job proepects, according to the Conference Board in its latest survey. It said the board's Consumer Confidence Index rose to 110.9 in January from 107.7 in December. Following theReuter - 231 words
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Page 4 Advertisements
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Advertisement180 1988-02-09 4 I I I A/ \J\ I The business person's cho<e. every I I II I I II II I Tuesday, Thursdoy. Saturday and Sunday. I K J I I Ml Leaving Changi Airport at 22:05 i- 1 hours and arriving Heathrow eorly the following morning. Calt your Travel Agent or180 words
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Page 5 Advertisements
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Advertisement38 1988-02-09 5 A word of advice to all those people concerned about petrol additives. BP petrol contains additives which clean and keep clean carburretors, injectors and valves, reduce exhaust emission and improve performance without any harmful effects on your engine.38 words
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MONEY AND EXCHANGES
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Article1770 1988-02-09 6 Reuter SINGAPORE: THE US dollar yesterday ended slightly higher against major currencies in light trading, dealers said. They said sterling s weakness, coupled with market speculation that the US December trade figures will show a narrower deficit than November's U5513.22 billion shortfall, helped the US unit. The USReuter - 1,770 words
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Article, Illustration188 1988-02-09 6 Indicates the average of the prime lending rates of 12 major banks in S'pore Average of prime or equivalent lending rate on Feb 8 London 9.0% Hongkong 5.25 New York 8.50% Bangkok 11.5 Tokyo 3.375 Jakarta 25 Zurich* 4.5% Kuala Lumpur 75 Frankfurt* 4-5% Manila 15 <£188 words
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Article61 1988-02-09 6 THE OVERNIGHT rate on the Singapore interbank market fell 5/8 point to close at 2-3/4 per cent. The term rates were unchanged across the board. S$ Interbank rates at 12 noon yesterday: OFFE# »ID Overnight 2 3/4 2 1/2 1 -month 3 3/16 3 1/16 2-month 3 3/1661 words
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Article321 1988-02-09 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels, after a day ot light trading. Dealers said-most operators were awaiting this week's release of US January retail sales data due on Thursday and December merchandise trade figures on Friday. Term rates initially weakened between 1/8 and 3/16321 words
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Article82 1988-02-09 6 Treasury bills —> Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH IOW 3 months BQ*****N 05.5.88 3.02 2.97 2.99 2.98 6 months BY*****S 30.6.88 3.02 2.97 1 year BY*****T 24.11.88 3.00 2.95 3.00 3.00 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's82 words
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Article553 1988-02-09 6 EURODOLLAR futures yesterday gapped sharply higher from the previous close during Simex opening after the weak US unemployment figure which encouraged hopes of easier monetary policy. March Eurodollar opened 20 ticks higher at 93.22 but traded between 93.21 and 93.23 initially. However, prices slipped off to the low of553 words
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Article1697 1988-02-09 6 CURRENCY FUTURES OPTIONS Monday, February 8 1988 DEUTSCHE MARK (SIMEX) Mar M call* Iter M pud 94 99 94 57 9a 99 60 41 62 63 64 69 64 47 M. 2I3A I38A 40A 40A 20A 10A 4A 430 430 390 208 134 74 38 18 8 4 21,697 words
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Page 6 Advertisements
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Advertisement92 1988-02-09 6 W/a At the Grand' Italia Loung? time is endless For the pace is relaxed and comfort prevails The soothing music disturbs not vour conversation as you unwind with your favourite drink Tune in to the captivating music of "Cuatro Calientes" dailv except Sundav from 7.45pm 12.30 am Enioy the longest92 words
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Advertisement9 1988-02-09 6 IB BANQUEINDOSUEZ 3 Shenton Way, Shenton House. Singapore 01069 words
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BANKING AND FINANCE
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Article, Illustration430 1988-02-09 7 BANKS in the US are heading towards greater competition and further deregulation in spite of the 'hardships' faced by some banks, say two visiting professors from America. Professor George Parker of the Graduate School of Business, Stanford University, and Professor Henry Reiling430 words
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336 1988-02-09 7 AFP CREDIT RATING AGENCY Capital Information Services Ltd says it has downgraded its ratings for two Hongkong banks due to their heavy exposure to the world stock market crash in October. The two banks affected are 181 Asia (Holding) Ltd, a Hong-kong-listed bankAFP - 336 words
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Article278 1988-02-09 7 UNITED OVERSEAS FINANCE yesterday lowered its loan rates for the purchase of new and used cars, commercial properties and equipment. The finance company cut its commercial property loan rates by one percentage point to 7.75 per cent for maturities of up to 10 years. The interest278 words
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359 1988-02-09 7 AFP INDIVIDUAL CHINESE will be able to trade Treasury bonds on open markets beginning this year. The move is aimed at stimulating bond sales and stamping out illegal bond trading, according to the New China News Agency (NCNA). BondAFP - 359 words
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Article81 1988-02-09 7 DBS BANK yesterday opened its biggest bank branch in Serangoon Gardens. The DBS Bank's new addition, its 30th branch in Singapore, occupies 475 sq m of ground floor space in Maju Avenue. It is headed by Mr Tan Boon Tuck, the former branch manager of DBS81 words
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Article, Illustration561 1988-02-09 7 LEONG WEN WAH - By LEONG WEN WAH THE SINGAPORE branch of Citibank, the largest US bank, enjoyed improved results last year, according to the head of the branch here. And the bank expects even better performance this year with signs of a pickup in the local economy,561 words
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Page 7 Advertisements
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Advertisement375 1988-02-09 7 The Winners' Circle. To be precise it's the Nissan Winners' Circle. And if you buy a Nissan Laurel before 10th March 1988, you automatically enter the Nissan Winners' Circle Lucky Draw. Once in, you're not only sure to win a prize, you stand a l-in-100 chance of winning a $20,000375 words
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COMMODITIES
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Article401 1988-02-09 8 ALVIN TAY - Cottonseed crushing plant to cost USsl2m By ALVIN TAY INTERNATIONAL trading group Cargill has set up a US$l2 million (5524.2 million) joint venture in China to build a cottonseed crushing plant in the country's largest cotton-producing province of Shandong. The plant will be Cargill's first401 words
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434 1988-02-09 8 Reuter THE GROWTH in oil consumption in the Organisation for Economic Cooperation and Development (OECD) is expected to slow to one per cent in 1988 after rising by 1.4 per cent in 1987 and 2.6 per cent in 1986, theReuter - 434 words
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355 1988-02-09 8 AP THE Organisation of Petroleum Exporting Countries' oil production fell sharply last month, mainly because of cutbacks by the cartel's Gulf exporters including Saudi Arabia, the International Energy Agency (lEA) said yesterday. The lEA cited a reduction in buyer interest in Opec oil,AP - 355 words
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462 1988-02-09 8 Reuter JORGE CARDENAS, president of the Colombia Coftee Growers' Federation, said he expected Colombian coftee prices to remain steady and strong for the next few months because customer stocks had fallen significantly. Mr Cardenas, commenting in Bogota on the recent sharp increase in ColombianReuter - 462 words
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307 1988-02-09 8 Bernama ES INDIA'S State Trading Corporation (STC) office in Singapore has yet to receive any fresh directive to purchase refined, bleached and deodorised (RBD) palm oil from Malaysia although prices have dropped sharply below the Msl,ooo per tonne for forward monthsBernama ES - 307 words
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Article195 1988-02-09 8 Reuter SINGAPORE The rubber market yesterday closed slightly steadier with March 1 RSS buyers quoted at 218.50 cents/kilo, up 0.50 cent from last Friday's close. MALAYSIA Speculative short-covering and an absence of sellers helped the market close slightly higher in continued thin and dull trading. March Int RSS OnesReuter - 195 words
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Article77 1988-02-09 8 (cents/kg, 1-ton pallets) MARCH 1988 APRIL 1988 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 213.00 215.00N 213.00 215.00N SSR 50 211.50 213.50N 211.50 213.50N MRELB Buyers Sellers Buyers Sellers SMR cv 274.00 276.00N 275.00 277.00N SMR L 274.00 276.00N 275.00 277.00N77 words
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Article233 1988-02-09 8 R AS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 222.25 223.25N 222.00 223.00N Int 1 RSS Mor 88 218.75 219.25 218.50 219.00 Int 1 RSS Apr 88 218.00 218.50 217.50 218.00 Int 2 RSS OP 216.75 218.75N233 words
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Article115 1988-02-09 8 Reuter THE TIN PRICE on the Kuala Lumpur Tin Market yesterday ended unchanged from laftt Friday at M 517.15 a kg after a fairly quiet trading session. Buyers and sellers agreed to close deals at the opening price of M 517.15 and 70 tonnes were traded compared withReuter - 115 words
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Article354 1988-02-09 8 HONGKONG: GOLD yesterday closed firmer in active trading, supported by substantial physical demand from Japan and the rest of the Far East, dealers said. They said buying by speculators who previously held short positions also helped the metal. Bullion ended the day at U*****.30/80 an ounce, above Saturday's354 words
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Article56 1988-02-09 8 Bangkok Closing prices on Feb 8 (US$/tonne, FOB) White Rice 100% lit ctosi 355 100% 2nd doss 320 100% 3rd doss 315 5% 310 '0% 305 >5% 295 20% 293 25% 290 35% 285 Broken Rice A-l Super 225 A-l Special 223 Loonzain Rice 100% 2nd grade 31556 words
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Article72 1988-02-09 8 THE oil markets had a mixed start to the week. Crude oil and the European opening were firm but Singapore products were weaker. USJ/barr*l Chang* Dubai (Mar) 15.52 0.02 Wm WTI (Mar) 17.30 -I-0.14 Products (FOB S'pore) USS/barral Chang* KtroND* 22.13 -0.30 Go soil 20.50 -0.50 Low72 words
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Article190 1988-02-09 8 THE ALUMINIUM market is expected to return to surplus in 1988 and prices should fall from their present high levels, a leading metals analyst said last Friday in London. Shearson Lehman Brothers Ltd said, however, that while it expects prices to weaken "no immediate slump is190 words
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Article255 1988-02-09 8 Reuter Crude palm oil futures yesterday closed firmer. April was up Ms3s at M 51,047 per tonne. May up Ms 29 at M 51,005, March up Ms 26 at M 51,061 and Feb Ms 22 higher at M 51,065. Turnover rose to 1,002 lots. Crude palm oil pricesReuter - 255 words
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Page 8 Advertisements
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Advertisement166 1988-02-09 8 o O o o r~;;w Most of our guests never leave, usIfs not surprising. Sari Pacific Jakarta has struct many hearts. Fvrtign and local alike. Especially Mth warm aHesthut* service, in Such a friendly atmosphere.. Holiday makers and business guests find it hard to fbrcjet Our cosy informal sfy/€ Even166 words
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Advertisement125 1988-02-09 8 UNI-TENS by AGAR Providing pain relief without drugs -Mfe A bUff MHD *****7 TENS (Transcutaneous Electrical Nerve Stimulation) relieves headache, muscular aches and pains cramps and joint pains Agar s TENS is developed by neurologists at Hadassah University Hospital. Jerusalem. UNI-TENS is a low-cost walkman version for home as well125 words
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FOCUS
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Article, Illustration658 1988-02-09 9 AP AFGHANISTAN'S best-educated citizens seem split over the role of Islam in a future government, with some hoping for an Islamic state and others for a secular republic. Some analysts in Pakistan, where about four million Afghan refugees live, expect those whoAP - 658 words
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Article, Illustration826 1988-02-09 9 If and when the Soviet forces pull out of Afghanistan, will the Afghans remain heavily dependent on their 'big brothers'? Will they opt for an Islamic form of government? The articles throw up some possible answers. Reuter AFGHANISTAN will remain heavily dependent onReuter - 826 words
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Page 9 Advertisements
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Advertisement170 1988-02-09 9 •J Aeroflot Day, February 9, marks the 66th Anniversary ot the tounding of Aeroflot Soviet Airline, the USSR State Airline. This day of significance is also dedicated to the great achievements of USSR Civil Aviation. Since its early beginning in 1923, Aeroflot has been growing with every passing year. The170 words
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PERSPECTIVE
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Article524 1988-02-09 10 IN RECENT MONTHS, frustrated travellers have been shooting off complaints to the press about how difficult it is to get airline seats to Australia and New Zealand. Meanwhile, some airlines are locked in an argument: Is there indeed such a long waiting-list for seats524 words
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Article, Illustration1375 1988-02-09 10 LIM SOON NEO - Tempers fly high over seats It's become increasingly difficult for travellers to obtain seats on flights to Australia, one of the most popular holiday destinations today, especially during the peak periods. LIM SOON NEO looks at what's holding up the traffic. LIM SOON NEO AUSTRALIA has become one of the1,375 words
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330 1988-02-09 10 AIRLINES trying to find a solution to the problem of travellers not getting seats on flights Down Under might want to consider working a "trigger mechanism". This approach was suggested by Singapore Airlines' managing director, Or Cheong Choong Kong, at a Financial Times330 words
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Article650 1988-02-09 11 DONNA SMITH - The Reagan administration is particularly anxious to avoid a recession this year. What course of action will the US Fed decide to take following its meeting this week? DONNA SMITH discusses the possibility of an easier monetary policy. DONNA SMITH Reuter US CENTRAL bankersReuter - 650 words
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1016 1988-02-09 11 BARRY JAMES - By BARRY JAMES IHT IS THE COMMON agricultural policy harming Europe's environment as well as emptying its pockets? Some ecologists say the policy, which consumes twothirds of the European Community's annual budget of US$2O billion, seriously endangers wildlife and natural habitats by encouragingIHT - 1,016 words
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Article, Illustration768 1988-02-09 11 CHARLES ALDINGER - By CHARLES ALDINGER Reuter US FOREIGN aid cuts in 1988 and beyond could spark an erosion of America's military and political influence around the world, according to officials of the Reagan administration. "You can tell people times are tough, that you haveReuter - 768 words
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Page 10 Advertisements
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Advertisement69 1988-02-09 10 I w t &ri w i jn* For a welcome change, Hop on the train and head for Raffles. Lunch today at The Elizabethan Grill of Raffles Hotel, where we present traditional English food. We're conveniently close to City Hall MRT Station, just a stop or two from your office.69 words
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Advertisement10 1988-02-09 10 M anagers ust anage BT shows you how every Monday.10 words
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Advertisement58 1988-02-09 10 I ness I 'W WQMTM.V U HOT TIPS FOR if DRAGON YEAR tC< t Hot tips for the Year of the Dragon Take Another Look: A roundup of the local scene Cosmetics trade: All is not vanity Telecoms: Staying wellconnected The Third Asean Summit Investment spotlight: Chuan Hup and United58 words
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Page 10 Miscellaneous
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Miscellaneous662 1988-02-09 10 mbwwm mmmm ish piece of drivel! DOWN CRYPTIC PUZZLE ACROSS 3 Went slowly and lowly (5) 8 Saint of the dance (5) 10 The word which ends with one (5) 11 Trick an NCO, possibly (3) 12 Two letters, one animal (5) 13 Is it a greater place when a662 words
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Page 11 Advertisements
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Advertisement285 1988-02-09 11 Australia invites you to the exhibition of the year. A visit to Sydney, Australia during the Asian Pacific Trade and Industry Fair is a great opportunity for you to make new contacts, exchange information and ideas and foster new business for your company. On show will be a whole host285 words
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Page 11 Miscellaneous
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Miscellaneous1195 1988-02-09 11 wm>) Burt Reynolds and Clint Eastwood star in City Hoat 1 TUESDAY PREMIERE City Heat 10.30pm, Channel 5 The time, 1933. The place, Kansas City, rampant with extortion, kidnapping and murder. A cop and a private eye, both trying to stamp out underworld crime, cross paths and lock horns. The1,195 words
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Miscellaneous0 1988-02-09 11 -~_|~,~?~=,/!:`+>>(_:**<|^@}|?^0 words
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SPORTS & LEISURE
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Article, Illustration272 1988-02-09 12 Reuter WORLD CHAMPION Patrick Sjoberg of Sweden made three unsuccessful attempts to break his world indoor high jump record on Sunday but believes he can improve the mark soon. Sjoberg, in spite of being troubled earlier by stomach problems, said only small technicalReuter - 272 words
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433 1988-02-09 12 AP STEVE JONES, twice teetering on the brink of collapse, scored the first PGA victory of his career with a five-metre birdie putt on the second play-off hole on Sunday in the Pebble Beach National Pro-Am. Jones's winning putt blunted the comebackAP - 433 words
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417 1988-02-09 13 WALTON MORAIS - By WALTON MORAIS WITH THE NORMALLY STAID York Hotel lobby slowly being invaded by pretty ladies lugging golt bags, the eyes of Singapore's golfing fraternity will focus on the Tanah Merah Country Club this week where the US$5O,OOO Kosaido417 words
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Article, Illustration509 1988-02-09 13 AP ON PAPER, the Davis Cup contest between Denmark's Michael Tauson and Spain's Emilio Sanchez was a mismatch. On the tennis court, it turned into a stunning upset. Tauson, ranked 311 th in the world, beat No. 17 Sanchez 3-6, 6-1, 13-11, 6-4AP - 509 words
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151 1988-02-09 13 AFP COUNTRIES who boycott future Olympics are to be hit where it will hurt most their bank accounts. The executive board of the International Olympic Committee (IOC) meeting in Calgary, Canada, on Sunday accepted a recommendation to share the millions of dollarsAFP - 151 words
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204 1988-02-09 13 UPI THERE WERE disgraceful scenes before the International Boxing Federation world middleweight fight between American Frank Tate and Britain's Tony Sibson on Sunday when gas canisters were exploded by hooligans before the fight started. Tate retained his IBF crown when he knocked out Sibson inUPI - 204 words
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Article, Illustration377 1988-02-09 13 UPI MICHAEL JORDAN of the Chicago Bulls capped a glittering weekend in front of his home-town fans on Sunday, scoring 40 points and earning Most Valuable Player honours in leading the Eastern Conference to a 138-133 triumph over the Western ConferenceUPI - 377 words
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Page 12 Advertisements
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Advertisement917 1988-02-09 12 4 COURVOISIERXO-Where to eat, drink... MING COURT HOTEL aNCAKMt 'JOA/OVVU&&' wrn m Now you con enjoy all your 'Ming Favourites' in an economical set dinner at Ming Palace. Served with steaming hot rice, the delightful five course set dinner include a soup, 2 meal dishes, 1 vegetable dish and of917 words
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Advertisement220 1988-02-09 12 r Specially for sweethearts, Cupid has made lots of romantic arrangements at The Mandarin. Buffet Lunch Top of the M $28 (Adult) $13+ (Child) Pine Court $28+ (Adult) $13+ (Child) The Belvedere $35 (Adult) $18 (Child) Candlelight Dinner Top of the M $45++ j k Tne Stables $45++ M The220 words
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Page 13 Advertisements
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Advertisement479 1988-02-09 13 and entertain 4 PALM GRILL FROM 9-24 FEBRUARY, THE BEST OF FRENCH CUISINE WONT BE FOUND IN FRANCE. Instead it will be found at Palm Grill, where Monsieur Crotet, one of France's leading chefs, will dish up a gourmet spread. Reservations: 338 8585 ext. ***** or 330 8310. TheWestin Plaza479 words
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Advertisement41 1988-02-09 13 COMES WITH CHOPSTICKS, f f GOES WITH DYNASTY. MEDIUM DRY WHITE WW -Jraa Jr, wine which derives its nefi M:Vi. grapei grown ill the Titnjin z *w«nK» mmr kwk S'3 ssr IF IT COMES WITH CHOPSTICKS. IT GOES WITH DYNASTY. I41 words
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Page 13 Miscellaneous
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Miscellaneous87 1988-02-09 13 Play golf the Sevvy way The backswing •y hw Niium act Nrci Kinm fiHSmSStt LKbutth^W THEORy IS THAT THE HOW I SEE fT... CLUB SHOULD BE TAKEN BACK WITH j THE IffT AMU RIGHT HAND CONTROL SWINGING THE CLUB BACK WITH THE RIGHT HAND IN CONTROL fS ONE OF My87 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration4238 1988-02-09 14 BARGAIN-HUNTING in the afternoon helped the Singapore stockmarket recover from what would otherwise have been a miserable start to the trading week yesterday. Dealers said relatively heavy selling of mid- and heavyweight blue chips such as F&N and DBS Bank accounted for the4,238 words
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Article262 1988-02-09 14 SINGAPORF Rises Indices Fab 5 Fab Not Iron 560 5 IT CompotlM 761.16 751.90 Horrtslom M#o 334 4 8TO8/OS -341 -459 Cam Ho* SO* 211 3 JTCAO -7193 -7261 M Cw— 50« 79H 3 IT 10-doyMA -6966 -7012 CASHSOl 31 3 ITOIV +*****65 *****59 Falls ST Muariob262 words
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Article3622 1988-02-09 14 BID and offer prices offldaUy 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. SECTION ONE MOUS TRIAL COMMERCIAL Acmo 1109 8 (31 1093,622 words
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Article135 1988-02-09 14 WEARNE BROTHERS, Limited: 73rd AGM at 65 Chulia Street #19-00, OCBC Centre, Singapore 0104, tomorrow, Feb 10, at 10.30am. ARAB-MALAYSIAN DEVELOPMENT Berhad: 21st AGM at the Dewan Arab-Malay-sian, 7th Floor, Bangunan Arab-Malaysian, Jalan Raja Chulan, ***** Kuala Lumpur on Thursday. Feb 11, at 10.30am. FABER MERLIN MALAYSIA Berhad:135 words
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Article265 1988-02-09 14 Managers' prices for Feb 9 Singapore Unit Trust The Commerce 009 095 The Savings Fund 078 083 S pore frog Fund 036 040 S pore Sec Fund 040 065 S pore Invest Fund 064 069 S'pore Equity Fund 042 046 Asia Unit Trust Mo* Invest Fund 1 24265 words
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Page 14 Advertisements
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COMPANY NEWS
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Article, Illustration447 1988-02-09 15 CORRINA LIM - By CORRINA LIM DBS SECURITIES, a whollyowned subsidiary of DBS Bank will have the honour of being the first stockbroking firm to have a building named after it. The former UMBC Building at Malacca Street, which is now undergoing extensive renovation work, will be447 words
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399 1988-02-09 15 Bernama ES ICI (MALAYSIA) Holdings Sdn Bhd has assumed the responsibility of supervising the operations of ICI (Imperial Cttemical Industries PLC) in the South-east Asian region since January. ICI (M) now heads the group in the region by supervising the interests ofBernama ES - 399 words
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Article, Illustration516 1988-02-09 15 Bernama ES KUALA LUMPUR Stock Exchange chairman Nik Mohamed Din Yusoff has defended the exchange's stand in rejecting the proposed graduated commission structure, saying that those who criticised the KLSE decision lacked depth in their thinking. He added crusaders placing the future ofBernama ES - 516 words
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Article, Illustration1105 1988-02-09 15 FLORENCE CHONG - From FLORENCE CHONG IPOH GARDENS Bhd (Australia), the property arm of Malaysian listed company IGB Corp, is undertaking Australia's largest inner city redevelopment project, costing around A 51.58 billion, in Sydney. Work is well underway on the project, known as World Square,1,105 words
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Article, Illustration606 1988-02-09 15 Corrina Lim - mm. *>y Corrina Lim SENTIMENT is the key factor influencing equity and money markets trends in the near term as the aftermath of the October crash has yet to be fuily revealed, said an investment analyst with a local stockbroking firm. Mr Brian Hwang,606 words
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217 1988-02-09 15 Reuter TAIWAN PROSECUTORS are investigating 'underground' investment houses that control a huge slice of the island s cash supply. Court officials said at least 10 companies are under investigation for breach of company, tax and banking laws. Financial analysts said the move reflected government concernReuter - 217 words
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Page 15 Advertisements
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Advertisement91 1988-02-09 15 INVEST-A-MATIC A NEW SERVICE FROM ericsoris Vital information for Fundamental and Technical Analysis is now instantly at your disposal with Invest-A-Matlc Dividend Yields, Market Capitalisation. P E Ratios and much more are available! Charts of SES/KLSE stocks can now be plotted as well as leading world indicators such as Hang91 words
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Advertisement281 1988-02-09 15 w Ei %Ti The Chart Seminar Now in its 20th year o x X SYDNEY AUCKLAND SINGAPORE 0 O 7 8 March 10 11 March 15 16 March X X HONG KONG TOKYO O q 30 31 March 6 7 April v s X For: Forex dealers, currency traders and281 words
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REGIONAL MARKETS
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101 1988-02-09 16 Reuter PRESIDENT Corazon Aquino has ordered the dispersal of the ownership of the Manila Electric Co (Meralco), the Philippines' biggest electric power company now under sequestration, a senior government official said last week. The chairman of the state-owned Development Bank of the Philippines,Reuter - 101 words
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465 1988-02-09 16 FT THE YEAR of the Dragon, which begins this month, will bring the Hongkong Stock Exchange the first outlines of a comprehensively overhauled settlement system which Mr Robert Fell, drafted in late last year as interim chief executive, sees as the most importantFT - 465 words
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Article3394 1988-02-09 16 SHARE prices were dealt lower across the board on the Kuala Lumpur Stock Exchange yesterday in fairly active trading. While selected counters managed to close off the day's lows on renewed buying support in late trading, stocks on the whole ended the session deeper in the3,394 words
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Article1403 1988-02-09 16 Hongkong Reuter SHARE prices on the Hongkong market closed sharply lower yesterday after the market plunged through its technical support line during the morning session, brokers said. The Hang Seng Index fell 69.03 points, or 3.01 per cent, to 2,223.56. The broader-based Hongkong Index was 46.59 pointsReuter - 1,403 words
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Article137 1988-02-09 16 FEB M WON IChail Sugar ***** *2600 Daalim Ind Oaawoo Corp Daawoo Maavy Daiahin Sacurttiaa Dong Ah Phar ***** ***** ***** ***** ***** 2600 2000 1000 1500 700 Dong Soh Stock Dongtou Staal ***** 1300 *600 Goto Star Harol Bank Hand Camant Hankuk Giaaa Hanyang Cham teal Hyundai Const137 words
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Article422 1988-02-09 16 Reuter SHARE prices on the Tokyo market closed narrowly mixed in thin trade yesterday in the absence of fresh factors and ahead of a holiday in Tokyo on Thursday and a three-day weekend in the US, brokers said. The Nikkei Average slipped 19.59 points, or 0.08 per cent, toReuter - 422 words
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Article476 1988-02-09 16 Reuter SHARE prices closed sharply weaker yesterday on the Australian market, as selling ot mining stocks, sparked by softer bullion prices, spilled over into other sectors. Brokers said a 13-point fall to 1910.5 by Wall Sreet's Dow Jones Industrial Average last Friday also put selling pressure on industrials. AtReuter - 476 words
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Article113 1988-02-09 16 Reuter THE SECURITIES Exchange of Thailand Index rose 2.90 points to 323.0 yesterday on a turnover of 1,957,133 shares worth 260.41 million baht. wwiiiTi I? 4*" Industrial Finane* Corp .201 2 Inti Coamaflc Jalaprathan Cement 463 6 Metal Box I 140 +4 Poet PuWIahinfl Sana linton 342 2"" StamReuter - 113 words
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Article272 1988-02-09 16 All Stncara Indu* 282 -0 04 Asia Camant 75 00 05 Calttay Con* 81.X 1 Chang Hwa Bank 265 00 14 Chang Loong Chia Main Camant 57 50 58 00 05 2.5 Chin Hain Flour 21.90 12 China Cham 34 40 19 China Oav 91.50 -1.5 China Etact Wira272 words
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Article45 1988-02-09 16 "]'ii •i riinTrii'/PlfW Oriental B ***** -0 006 Ptwl OvtfMU 0 04C uncfi 1 Ptiilex B 041 Picop B PLOT 148 .1 San Mtgu#< B 136 -15 Si ma Darby 0026 -•-0 001 28 -1 Surigao Con B 0 OB U^pfTl Vutean 0 03745 words
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Page 16 Advertisements
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Advertisement734 1988-02-09 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF HALAL SEJATI TRADING PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of HaM Se)a« Trading Pte Ltd duly convened and held at 36 Robinson Road, #05-01/02 City734 words
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Advertisement389 1988-02-09 16 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND UNIPRISE (PTE) LTD NOTICE OF RESOLUTIONS FOR CREDITORS' VOLUNTARY WINDING UP (PURSUANT TO SECTION 290(2)) At meetings of members and creditors of UNIPRISE (PTE) LTD duly convened and held at 11 Collyer Quay Unit 12-03 The Arcade Singapore 0104 on389 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration731 1988-02-09 17 'More closely coordinated international standards needed' Reuter CALLS FOR TIGHTER controls have echoed through many of the world's financial centres since the global stock market crash last October. But a Reuter survey of current post moderns on the Crash of 87 shows someReuter - 731 words
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292 1988-02-09 17 Reuter EXXON USA is seeking US$6OO million in refunds and interest from schools, charities and a number of individuals and companies who received royalty payments from it as owners of an oilfield in Texas, a Texan newspaper said. Many of the smaller ownersReuter - 292 words
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341 1988-02-09 17 Reuter CARLO DE BENEDETTI 8 French holding company, Compagnies Europeennes Reunies (Cerus), aaid in a statement it had raised its offer for Societe Generate de Belgique by 600 Belgian francs to 4,000 francs per share. Mr de BenedettiReuter - 341 words
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Article223 1988-02-09 17 Reuter DUN BRADSTREET Corporation, the world's biggest information services group, has agreed to a US$l.77-billion merger with IMS International Inc, a market research company that specialises in health care and drugs. The acquisition of IMS, a New York-based company with annual sales of US$4l2Reuter - 223 words
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Article, Illustration732 1988-02-09 17 Reuter MEDIA MAGNATE Rupert Murdoch has agreed to sell the New York Post to real estate developer Peter Kalikow for US$37 million provided unions at the newspaper agree to major concessions. "I have today sold the New York Post,"Reuter - 732 words
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Article, Illustration293 1988-02-09 17 UPI IN A VENTURE that would link the world's largest retailer with the world's largest fast-food chain, Sears, Roebuck and Company is negotiating a deal to put McDonald's restaurants in Sears Stores. Although the number of restaurants and the specific Sears stores have not beenUPI - 293 words
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209 1988-02-09 17 Reuter JAPANESE stockbrokers can choose whether to follow a recent directive by the industry's regulatory body instructing them to avoid selling high risk investments to women, a spokesman for the group said. But a Securities Dealers Association spokesman said the membership, whichReuter - 209 words
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Article185 1988-02-09 17 Reuter INDIA'S 15 stock exchanges will be linked to form a national stock market system by 1990 to serve effectively growing investors' interests across the country, according to Bombay Stock Exchange president Mahendra Kampani. "The objective of creating a national market is to ensure liquidity toReuter - 185 words
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Article141 1988-02-09 17 Reuter SHAREBROKER National Pacific Securities Ltd, 50 per cent owned by insurance group National Pacific Corp Ltd. ceased trading yesterday, a company spokesman said in Wellington. It is the eighth New Zealand sharebroker to cease trading since the October share market fall, although one Paine BelcherReuter - 141 words
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Article127 1988-02-09 17 Reuter ISUZU MOTORS Ltd and General Motors Corp have agreed to study the feasibility of forming a joint venture in Australia to assemble and sell commercial vehicles. Isuzu plans to hold over half of the venture and to use its own brand name. The moveReuter - 127 words
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195 1988-02-09 17 Reuter NOMURA SECURITIES Co Ltd said its American subsidiary Nomura Securities International would lay off 36 locally-hired employees by the end of this month to streamline its operations in the US. A Nomura official in Tokyo said the lay-off was decided mainlyReuter - 195 words
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265 1988-02-09 17 Reuter AUSTRALIAN diamond producer Ashton Mining Ltd, responding to new securities trading disclosure rules, said the market value of its securities investments was less than half of book value as of December 31. Ashton told the stock exchange the market value of its securitiesReuter - 265 words
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Article111 1988-02-09 17 HONGKONG Hongkong Index Monday 1.***** Friday 1.497.87 Wee* ogo 1,540 95 Hang Seng Index Monday 2.***** Friday 2.***** Week ago 2,***** TOKYO Nikkei Average Monday 23.771*0 Friday 23 650 80 Wee* ago 23,***** TSE Index Monday 1.926 94 Friday 1.***** Wee* ago 1.***** SYDNEY All Ordinaries Monday 1.2036111 words
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Page 17 Advertisements
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Advertisement336 1988-02-09 17 THE ATLAS ICE COMPANY. BERHAO (INCORPORATED IN MALAYSIA) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Seventy-Third Annual General Meeting of the Company will be held at the Registered Office, No. 22 (Upper floor of No. 20) Jalan Hang Jebat ***** Melaka on Friday 26 February 1988 at 10.00336 words
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Article, Illustration683 1988-02-09 18 LEE HAN SHIH - By LEE HAN SHIH AGAINST all expectations, the construction industry managed to reverse a three-year downtrend and chalk up a small growth last year. Preliminary figures released by the Ministry of National Development yesterday showed that the industry secured $3.95 billion worth of new jobs683 words
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287 1988-02-09 18 Reuter SHANGHAI is close to deciding which of six foreign consortia will win contracts for a US$6OO million subway, one of China's biggest construction projects open to foreign bidding. Chinese banking and subway officials said in interviews that financial evaluations of theReuter - 287 words
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399 1988-02-09 18 Reuter THE SRI LANKAN government is to sell off a hotel, restaurant and firms that make sugar, leather, textiles, paper and ceramics under the first phase of a privatisation plan. Baku Mahadewa. head of the Presidential Commission for Privatisation,Reuter - 399 words
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248 1988-02-09 18 Reuter SRI LANKA will launch a US$5O million scheme to raise employment and reduce poverty in advance of crucial elections during the next 18 months. A senior government official said in Colombo yesterday that the 1.5-billion-rupee (US$5O million) programme would provide more than 200,000Reuter - 248 words
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LATE FILE
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Article51 1988-02-09 18 Reuter JAPAN should limit nominal wage rises to avoid widening the gap between Japanese and US wages, Eiji Suzuki, chairman of the Japan Federation of Employers' Associations, said in Tokyo yesterday. The federation felt that wage rises should be linked to productivity, he said.Reuter - 51 words
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59 1988-02-09 18 Reuter VISITING US Agriculture Secretary Richard Lyng yesterday rejected Malaysian allegations that the US was dumping vegetable oils on the Indian sub-continent and defended Washington's large farm subsidies. "In every case, we had commitments from these (sub-continent) countries that our sales would not be displacingReuter - 59 words
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Article44 1988-02-09 18 Opecna PERT AM IN A, the Indonesian state oil company, will this month begin processing about 20,000 barrels per day of Malaysian crude tor Petronas, its Malaysian counterpart, in east Kalimantan, a Pertamina official aaid in Jakarta yesterday. OpecnaOpecna - 44 words
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Article38 1988-02-09 18 AFP MALAYSIA'S major timber producing states. Sabah and Sarawak, are reducing log exports to Japan temporarily by 50 per cent from Feb 16, industry sources in Kota Kinabalu said yesterday. AFPAFP - 38 words
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Article47 1988-02-09 18 Bernama THE SESSIONS COURT in Kuala Lumpur yesterday sentenced former Perwira Habib Bank branch manager Raja Safian Raja Ahmad to two years' jail after finding him guilty of committing two counts of criminal breach of trust (CBT) amounting to M 5957.379. BernamaBernama - 47 words
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Article25 1988-02-09 18 Reuter AUSTRALIAN Immigration Minister Mick Young yesterday resigned from Parliament in a row involving a donation to the ruling Labor Party. ReuterReuter - 25 words
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Article26 1988-02-09 18 Reuter MORE than 32,000 Ford workers began their first national strike in 10 years yesterday, shutting down Britain's largest car manufacturer. ReuterReuter - 26 words
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Article95 1988-02-09 18 AFP SOUTH KOREAN opposition figure Kim Young-Sam announced in Seoul yesterday that he was stepping down from the presidency of his party in order to pave the way for unification of the opposition camp. "I have decided to resign from the presidency of the Reunification Democratic PartyAFP - 95 words
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165 1988-02-09 18 Bernama RECLAMATION WORK by Singapore along the Johor Straits has not altered the water boundary between Johor and the Republic, Malaysian Land and Regional Development Minister Datuk Dr Sulaiman Daud said yesterday. The reclamation was part of the hydrographic survey undertaken jointlyBernama - 165 words
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286 1988-02-09 18 AFP THE PHILIPPINES has the highest risk potential for foreign investors and Hongkong has the lowest among eight countries surveyed in a regional study of country risks released in Hongkong yesterday. The Hongkong-based Political and Economic Risk Consultancy Ltd said the survey focusedAFP - 286 words
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127 1988-02-09 18 AP PRESIDENT Corazon Aquino defended a controversial ban on allowing Filipino women to work abroad as domestics and said the temporary measure was designed to guarantee their safety. From March 1. the Philippine government will no longer certify permits for Filipino women toAP - 127 words
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Article105 1988-02-09 18 Reuter GOLD FUTURES rose on buying by local traders and commission houses yesterday morning as the market added to last Friday's recovery from eight-month lows. The firmness in crude oil prices also buoyed gold. April gold went ahead US$3.6O at U*****.80 an ounce before slipping slightly on dealerReuter - 105 words
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Page 18 Advertisements
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Advertisement286 1988-02-09 18 AMSTRAD PCW9SI2 KJIUUtn ONLY With 15* Wide Carriage Daiaywheel Printer ORDER NOW GET A FREE Mailmerge/SpeNing Check PCW9SI2 Office Automation Word Proceeaor H Mi 000 I!■m n n mjge cnancws wraproctssffQ Memory Mnifii 737,280 characters Disk Storage Memory PaperiNMe 90 by 32 characters Morator Dedicated Wordprocessor Keys tor tast screen286 words
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Advertisement459 1988-02-09 18 8m Pag* 3 COMPUTER EDUCATION FOR MANAGERS PROFESSIONALS An excellent opportunity information technology: to update yourself in the emerging fields of ARTIFICIAL INTELLIGENCE/ EXPERT SYSTEMS DATA DATABASE MANAGEMENT EXPERT SYSTEMS FOR MANAGERS This course is designed to help managers understand the benefits and implications of expert systems technology. It helps459 words
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SHIPPING TIMES
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120 1988-02-09 19 Fairplay THE JAPANESE Ministry of Transport (MOT) has stated its intention of steping up its inspections of ships calling at Japanese ports. It is aiming to achieve the level of 25 per cent of all visiting vessels said to be scrutinised in EuropeanFairplay - 120 words
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358 1988-02-09 19 LINDA CHEE - By LINDA CHEE SINGAPORE shipping group Pacific International Lines is extending its interests into the air cargo business. It has linked up with a Chinese partner, Sinotrans Beijing, to form a 50-50 joint venture agency called Trans Maritime Pte Ltd. The new company358 words
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365 1988-02-09 19 Reuter EVERGREEN Marine Corp (EMC), the largest pri-vately-owned shipping company in Taiwan, plans to issue 200 million shares later this year, a company spokesman said. He said the new issue worth NT$2 billion would be used to buy six sec-ond-hand container shipsReuter - 365 words
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147 1988-02-09 19 Seatrade Week SOUTH KOREA shipowners appear to be making a partial recovery. The final figures for their net freight earnings for last year reveal that their overall loss was reduced to 95 billion won (US$l2l million) last year from a 243.4 billionSeatrade Week - 147 words
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PORTSIDES
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131 1988-02-09 19 UPI AN EGYPTIAN government spokesman has denied reports that Egyptian gunboats escorted vessels through the Suez Canal as a precaution against mine-sowing in the vital waterway. But the spokesman, in a statement reported by the Middle East News Agency, said Egypt was providing protection toUPI - 131 words
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Article287 1988-02-09 20 AFP CONDITIONS remained favourable to owners over the past week on the tanker market, with continuing strength on the dry cargo market tending to absorb combination carriers, thus assisting rate levels, London brokers E A Gibson said in their latest report. There was a "healthy" absorption of veryAFP - 287 words
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488 1988-02-09 20 IN THE ONGOING dispute over the introduction of mobile crane services at Klong Toey. the exclusive crane operator says it is prepared to provide exporters with transportation services at no extra cost to overcome any problems created by shipping lines. Shipping488 words
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109 1988-02-09 20 AP DIVERS found th« bodies of two* s«am«n in the engine room oC a capsized Chinese cargo veesel early yesterday, while two other crewmen remained miss** ing after the ship keeled near Hongkong. Hongkong Marine Police' rescued the rest of the 10-man-crew inAP - 109 words
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Article, Illustration278 1988-02-09 20 KINGSLEY WOOD - From KINGSLEY WOOD WITH THE excitement and success of its arrival now receding, the First Fleet Re-enactment Company is again coming to grips with its long-running financial problems. Owners of278 words
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Article774 1988-02-09 20 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 2/3 ANl 1 1/2 A PC line V 4 API III 2/3 Arrow lines IX 5 ASCI774 words
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357 1988-02-09 20 UPI THE IRANIAN strike on an Ameri-can-owned tanker in the Gulf could bring more pressure to bear on the navy to protect all US shipping in the volatile waterway, regardless of its nation of registry. Iranian gunboatsUPI - 357 words
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291 1988-02-09 21 Lloyd 's List SHIP MANAGEMENT specialist Barber International has signed a collective agreement with Portuguese seafaring unions to provide crews for tonnage on the Norwegian International Ship (NIS) register The crews will be provided through Portugal's leading tanker operator Soponata and involve both officersLloyd's List - 291 words
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303 1988-02-09 21 VERY LARGE crude carriers are shaking off their dependence on the Persian Gulf. In the past month, nine vessels of 200,000 tonnes deadweight and above have been chartered for voyages from other loading areas, Lloyd s List reported. Changing trade patterns are303 words
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8056 1988-02-09 26 3®aBG)(!EB 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 Port8,056 words
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Article1475 1988-02-09 27 GRAIN chartering on Friday increased out of the US with rates moving irregularly while the time-charter sector featured several period bookings. shipbrokers said. Grain shippers paid a lump sum of U551,052,000 for a 75,000 tonner sailing from Mississippi to Antwerp-Rot-terdam-Amsterdam which brokers said equated to about $14.25 basis1,475 words
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Article1423 1988-02-09 27 AT CONVENTIONAL WHARVES A'bocti Despotcti JI2 *****900 10® 7359 Ad Astro J4 09 02 03® 13® 06® VhmI Berth Arrival BOlMoroC Departure Ever Sturdy 10 09 02,0700 J5 0902 1300 19® 73® 0902 20® KEPPEL WHARVES A '<* K16 alongside 09 02-2300 Horizon Stor Hoi Hm 61,423 words
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Page 19 Advertisements
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Advertisement729 1988-02-09 19 *°V J l>4X,iftrrfh* im STP Distributors Tim*s PuMa/xnv Group In a^ OOCL OigenOtß^tUwwliM w\w DINE SHIPPING AGENCIES (Rag. No 242K4/ OOK 200 Cantonmant Road #12-05 Southpoint Singapore 0208 Tai *****1 TELEX NO RS ***** TERMINAI/CfS Tti *****11 220 BOOKINGS Tti *****34 235 PCSAKA JARWNE SNIPfING AGENCIES SON. BHD. PORT KELANG729 words
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Advertisement86 1988-02-09 19 IN THE ONGOING dispute over the introduction of mobile crane services at Klong Toey, the exclusive crane operator says it is prepared to provide exporters with transportation services at no extra cost to overcome any problems created by shipping lines. Page II SHIP MANAGEMENT specialist Barber International has signed a86 words
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Advertisement521 1988-02-09 19 m FESCO LINES TT- FAR-EASTERN B SHIPPING COMPANY Regular Services To WUTH EAST ASIA, JAPAN, INDIA Agent: Singapore Soviet Shipping Co Pte Ltd TEL: 535 2333 MAERSK LINE FAST TRANSIT TO CHARLESTON 29 DATS FROM SINGAPORE 34 DATS FROM PORT KELANG 33 DATS FROM PENANG Tha **ak Anal U owng521 words
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Page 20 Advertisements
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Advertisement632 1988-02-09 20 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT CARDIGAN BAY RHINE MARU TOKIO EXPRESS KOWLOON BAY SENAVON OSAKA BAY ALSO ACCEPTING CARGO TO: ALL UK INLAND OCSTINATI NATIONS, BELFAST, DUBLIN, COPENHAGEN, AAJWUS, GOTHENBURG, MALMO. HELSINKI. OSLO. AMSTERDAM, CARIBBEAN t 1 AMERICA CONTAINER SERVICE FROM UK/CONTINENT BREMERHAVEN VOY NO. HAMBURG TOKIO EXPRESS KOWLOON632 words
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Advertisement17 1988-02-09 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.17 words
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Advertisement342 1988-02-09 20 CHARGEURS REUNIS m •> fit DC* vsi •A' vsi MOTHER VS. CR LIBREVILLE ITA MARSEILLE SETE POMITE-A-PITRE FORT-0(-FRANCE DCCILAD-DCS-CANNE vm sum am mm N APOOf f NO' MPff s f a i rasas'* Optorg Shipping Pte. Ltd lEL M A W \'PHf s L 10. ESTERO LA RKUA »sr m*342 words
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Page 21 Advertisements
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Advertisement688 1988-02-09 21 The Straits Steamship Group RWGW Mansfield Container Shipping Pte Ltd P&O Containers CONTAHERSHIP SERVICE TO UK/CONTHENT: STRAITS SHIPPING Singapore to Sibih, Sarawak, Brunai Ports and Bangkok PECASUS PROGRESS ftCASUS PROCESS s-pore I(PI/IIFit 11-17 Fab BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 i j.\, /.i .■w.u»■ i :i 1 Ji H688 words
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Advertisement736 1988-02-09 21 Now,"K" Line's Sea Rail service blankets the U.S.A Seattle Japan 0 Korea Long m tteacn Taiwan Singapore 1 Port Ketang Penang jA New \brfr Atlanta Houston Orleans Hong Kong "K" Line's Pacific Southwest/ChicagoNew York Double Stack Train (DST) service route is joined by a new Pacific/ Gulf-Atlanta DST service. Together736 words
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Page 22 Advertisements
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Advertisement377 1988-02-09 22 ft XHSINOSE MARITIME PTE LTD DO ISLAMIC REPUBLIC OF IRAN SHIPPING LINES Singapore Loading for:IRAN SHOJAAT lfc'2 BANDAR ABBAS (2nd call) KYOWA LINE Singapore Loading for: URANIA 4 27/2 JAYA, LAE, HRA, TLG, LTK, MALAU SPORE PK LOAD FOR A VESSEL 25/2 27/2 SAIPAN, GUAM, TRUK, PONAPE, EBE, MAJURO SUN377 words
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Advertisement500 1988-02-09 22 *luH» JCSLINE iMiitiiwiMCivMi rm FULLY CONTAINERISED SERVICE CONVENTIONAL SERVICE TO PERSIAN GULF vessel WONSBON KUANTAN STORE LOADING FOR 21/2 DUBAI. DAMMAN C£H AGENTS: CROWN MAR ME CO (PTE) LTD TEL: ***** M (t Unwe) FAX NO: SUB-AGENTS: KUALA LUMPUR TEL: TttMMi PENANO TEL: *****8 UAH NUAT SHIPPING CO., (PTE) LTD.500 words
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Advertisement266 1988-02-09 22 Wa FREIGHT LINKS EXPRESi PTE LTL NEW WEEKLY DIRECT SERVICE TO CHITTACONfi: SAILING 12/2 22/2 FOR: PORTO. LISBON, ORAN, BILBAO MADRID, MALAGA, MEULLA, TANGER. TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER ISTANBUL U.S.A. PAPUA NEW GUINEA PORT MORESBY, RABUAL, LAE KIETA, MADANG KIMBE NOUMEA SUV A/LA UTOKA 8/3 8/3 NEW266 words
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Advertisement1049 1988-02-09 22 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Ml GENIUS/EVER CVCR GROT CVCR CLORE EVER GENTLE EVER CCNTRT CVU GUIDt EVER GOLDEN EVU GUAM ALSO ACCEPTING C I) WOWWI N g S S s la ss a «i s "A S3 2M MO m w TR o j? u, ,2 H5 %.s!£js££23£ifBif i1,049 words
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Page 23 Advertisements
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Advertisement763 1988-02-09 23 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 MAJAPAMT HOTA MMQA eo«A KOTA CAOLC JKT 17M SU> SU> ItHBA BN KO IU 1M MM 1W« 14/2 1M 1M MM* 07M a/3 im iva mm MTC MTACM MOO NAOOYA, POO FAR EAST CONTAINER SERVICE 34/2763 words
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Advertisement502 1988-02-09 23 va. BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT TOtC MUANC Ui UI7 :w Mwkn IV? aa Takw Uarau W no V 3 in W MO no ao oo ao Lwgi I m aa Mi«»m um— 4N W Ray 12/4 l*t* EXPRESS CONTAINER SERVICE FROM UK/CONTINENT MM IttAVtN I'M NAVtt502 words
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Advertisement504 1988-02-09 23 rf J.<*♦» i MM PRE LUNAR NEW YEAR LOADER SPECIALLY ARRANGED FOR YOUR SHIPMENT VSL/VOY S'PORE ANTWERP H'BURG/BREHEN ROAM/ADAM MATARAM/20WB 13-IW2 15/3 11/3 SaM, Port Alexandria. Own, Trteals. ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S TC PORTS, NULL, LE HAVRE. OSLO. COPENHAGEN, AAJtHUS. GOTHENBURG NBJMNQ If: DJAKARTA LLOYD INDONFSI504 words
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Advertisement245 1988-02-09 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STM (Burmese National Line) HTAMfwi v7?)v S port Ptnan Bangkok HTONEYVA V222W ijm Fat IVU u PAGAN 3/15 FS Z PA-AM vm» U/a Fab a/24 Fab pagan via snmT BANK LINE CLYDEBANK V22N FORTH BANK V2IN TAMAITAI SAMOA VI2N IVY BANK V2IN SPORE ROAM HULL245 words
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Page 24 Advertisements
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Advertisement800 1988-02-09 24 ATLAnTIC COAST (Round-The-World Service) ORIENTAL FAIR V 7 RAINBOW BRIDGE VII NEPTUNE GARNET Vl3 •PK/PNG SPORE Sid 11 Feb 13 Feb 18 Feb 20 Feb 25 Feb NYC HFX 19 Mar 23 Mar 26 Mar 30 NUr 2 Apr 6 Apr *VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSI *PK/PNG «OTHE« VSt800 words
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Advertisement379 1988-02-09 24 Accepting LCL and South Africa VAAL 4734F ANJOU 013 NEOUOYO COLOMBO OSAKU MARU 4537G HAYAKAWA MARU 4636 C VAAL ***** cofHilntflttd Qffgo§| Dfrtci to F.Eliz C.To P.Elii C.Toi SM SM 12/2 14/2 25/2 27/2 Jfrdm JAR DINE SNIPPING AGENCIES (REG. 242 200 CANTONMENT ROAD #12-06 SOUTHPOINT, SI W: *****11 TELEX379 words
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Advertisement728 1988-02-09 24 •M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container# SO A PRADESH V 36H THEOOOR FONTANE V ISM S O NAGALANO V 3SH INDIAN COURIER V2*l THEOOOR FONTANE V lift SO TRIPURA VMM INDIAN COURIER V JON THEOOOR FONTANE V 17N RAVIOAS V JM Singapore P Krtinf Peruni Mother Vtl By728 words
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Advertisement622 1988-02-09 24 GOLDEN LINE GUAN GUAN SWPWNG (PTE) LID 8, Talak Afr Strwt SINGAPORE 0104 TEL S3UW (II LINES) Fee SMB STRAITS/PERSIAN GULF SERVICE: Spore PKetang GOLDEN HAVEN Colo«ntx>< Karachi'Dubai 23/24 Fab GOLDEN LAND Colombo Karachi Dubai 12/14 Mar CHINA SERVICE A VESSEL Shanghai/Hsinkang 20/21 Fab il •nil fw Sport KM Dub622 words
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Advertisement404 1988-02-09 24 nirnau iimc-a, 1 uesaay, reDruary isoo PHILI OfIICNT LIN€S PT€ LTD Hi AO OFFICE 63 ROBINSON ROAD «07 12 AFRO AS'A BUILDING SINGAPORE 01C5 TflfK RS ***** PHIL! fA« *****76 |5S TTW.TTM! !HP'> N KONG KOBE KE FLUNG EAST AFRICA/MEDITERRANEAN lamS •BRA. TAMATAVE. REUNION. TANGA LATTAJQA, BENGHAZI TWPOU, ALEXANORU. ram404 words
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Page 25 Advertisements
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Advertisement817 1988-02-09 25 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A mtmbtr of th« ACE Consortium NEPTUNE AGENCIES PTE. LTD. EE EU/AOST TPA/SEA Ttrminal CFS BOOKINGS *****53 *****7 *****22 222L253 27W1* 27*11t 27*111 27*141 NEPLINE SDN BHD )HM7 INWARD/OUTWARD NEPLINE SON. BHD. 2(***** ENQUIRIES *****44 NEPLINE SON. BHD 62U35/627M0/*****1/*****2 NEPLINE SDN.817 words
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Advertisement379 1988-02-09 25 No I Doamh/HIN Donam/MIN *Gioria/H2N No 7 Dorum/aCM No OonaoVHW No I Donam/M2N ETD K MK S PORE PKELANC SUSAN MO JI »*n OMB 12-IMB IHMB »-2MB KftS nm um v imh n-wn os-o?«3 ohb •MB 21*2 24a« »?MB MHKB 12/w 024M8 13 IMB IMB 1 m 01* M-OMB 07-®7/03379 words
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Advertisement761 1988-02-09 25 SINSOV 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 ***** P. KCLAMC yccffc HAI THONC SHIPPING 177 Nimj ttmt W MAMOUW MM CO SOU. IHD ?Hr T.I761 words
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Advertisement20 1988-02-09 25 14 4fl MADJU SENDIRIAN BERHAD 20-12 Tone Eng Building Singapore 0106 Tel *****87 3 REGULAR VESSEL SERVICE TO BELAWAN WEEKLY20 words
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Page 26 Advertisements
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Advertisement260 1988-02-09 26 VE,B DEUTFRACHTSEEREEDEREI ROSTQiI INTEGRATED FULL CONTAINER SERVICE •VIA COLOMBO: Accapt** car»> tor INDIA Bombay, Cochin. Madras I Calcutta "VIA LARNACA: Accaptiw cargg tor Lattafc* hraaus. Thassatomki, lan*, Istanfr Manm, Umanol, Bairut. Ataaodna, Port Sari. Iraqi. Iraman. 5s EUROPE 1* TKCX im Auaptii carga tar Hani Hang, avian. Takyo tmt Rata.260 words
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Page 26 Miscellaneous
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Miscellaneous153 1988-02-09 26 I Regional Weather 4 C r •J ru I i 5S P9 V v* Wm<J dree ton with %ee#<3 m knoH SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJft. THIS MOftNMO. KGINO R Temperature c y^\ Weott>«f Wmd (Vector! with s*>e*d m knot* Ron v/ Cloodv Sk y Wo Svrtece153 words
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Page 27 Advertisements
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Advertisement425 1988-02-09 27 < > CRYSTAL > FREIGHT SERVICES FTE LTD T«l: *****88 (8 Lintt) BOMBAY/COLOMBO OTHER REGULAR CONSOL PORTS: USA (LA, HOU, NY, INLAND POINTS) EUROPE (HAM, ROTT, FLX, LDN) NZ (AUCK, WELL, LTON, DUN) AUST (SYD, MELB, FREM) FAR EAST PORTS UNI-OCEAN LINES PTE. LTD. 40 Cecil St. #02-01. KPB Building425 words
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Advertisement767 1988-02-09 27 UNIPACIFIC TRANS TRADING AGECY PTE. LTD. il Oj IRAQI LINE |«*0 S'4'l fNTfMHSf «0« TMasr. EAST BOUND SERVICE ETA S'PORE LOADING FOR W imr WEST SOUNO SERVICE ETA S'PORE LOAOtNC FOR IV3 MM. THROUGH B7U to BACHOAO UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AO ABA I BAGHDAD REEFER SPACE AVAILABLE767 words
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Page 28 Advertisements
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Advertisement343 1988-02-09 28 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20- Lines) TLX RS ***** RS ***** ft I \s I I K\ \K I l\l K III) STRAITS/ JAPAN/ STRAITS SERVICE PECIALIST IN RO-R0 HEAVY LIFT? Sentooku •Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE PORTS,343 words
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Advertisement627 1988-02-09 28 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA EASTCOAST/6ULF/CANAOA/MEXICO AND FRENCH WEST INDIES Spore LtHjyrt Connecting VSL 1W 3/3 NUERNBERG ATL. ATLANTIC CONCERT STUTTGART EXPRESS VSL Spore LtHjyrt Connecting VSL For Gulf TOYAMA VIIJ IS/7 3/3 NUERNBERG ATL. Mobile, B. PERMAI WD 2211 m ATLANTIC CONCERT New Orleans,627 words
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Advertisement346 1988-02-09 28 LCL WEEKLY SERVICE TO: KEELUNG BANGKOK FREMANTLE HAM/BREM 18/2 ROTTERDAM 18/2 TILBURY 18/2 SYD/MELB 21/2 ADELAIDE 16/2 (transit time 12 days) WEEKLY CONSOL SERVICE FROM GERMANY CON-CARRIER 56/87 CON-CARRIER 57/87 ETD GERMANY ETA S PORE a/1 11/2 28/1 18/2 LCL SERVICE TO CARRIBEAN PORTS ST. VINCENT, GRENADA, ARUBA, GRAND CAYMAN,346 words
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Advertisement558 1988-02-09 28 mi CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE iiv -7T MTRR VSL ttLAROU TOT MU I'J LEMARVE M I MB I BuTMK OS TT7T r77T —n I »UTAMC d WOAM, ANTWERP, BASLE. BREMEN, SMKI, MAUN). OHO. STOCKHOLM. UK. FROM558 words
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