The Business Times, 11 February 1988

Microfilm: NL16090
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, FEBRUARY 11, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    258 1 Reuter Dow Jones higher WALL STREET STOCKS moved higher early yesterday in a fol-low-through of Tuesday's late afternoon rally. The advance was aided by firmness in overseas markets and some moderate bargain-hunting. The Dow Jones Industrial Average jumped 14 points to 1929. Footsie up LONDON shares consolidated
    Reuter  -  258 words
  • Article
    Fewer in services sector believe business will pick up
    485 1  -  By ANNA TEO FEWER BUSINESSES in the services sector are optimistic about prospects in the first half of the year while more have become pessimistic, according to a government survey. But most about 60 per cent of firms surveyed expected the
    485 words
  • Article, Illustration
    General uptrend in Asia amid thin trading
    164 1 WALL STREET'S overnight rally and the stability of the US dollar sparked life in some Asian stock markets yesterday, but overall trading volume remained thin. In Singapore, a technical rebound after the previous fourday decline helped share prices close marginally higher. The Straits
    164 words
  • Article
    Meeting soon on set-up of oil futures market
    350 1  -  MAS INVITES OIL COMPANIES AND TRADERS FOR TALKS By LOH HUI YIN THE MOMENTUM to set up an oil futures market in Singapore is quickening. Oil companies and traders have been invited by the Monetary Authority of Singapore to a meeting at
    350 words
  • Article
    US dollar slightly higher in Tokyo
    127 1 THE US dollar closed slightly firmer against major currencies in Tokyo yesterday after moving within an extremely narrow range in lacklustre trading. The greenback finished at 129.03 Japanese yen against the previous day's close of 129.07 yen in Tokyo and 128.80 yen in New
    127 words
  • Article
    Japanese groups strengthening presence in spot oil market
    358 1 MAJOR Japanese trading companies, already among some of the most active oil traders in Singapore, are further strengthening their presence in the spot oil market. Marubeni, one of the top sogoshoshas or trading houses, is setting up another company in the Republic
    358 words
  • Article
    Lock icon Asean accuses US of betrayal
    529 1 AP AFP ASEAN has accused the United States of violating an understanding with Singapore for du-ty-free treatment of its exports. The accusation was contained in a letter sent to US Secretary of State George Shultz last week and circulated on Tuesday at a Washington meeting
    AP; AFP  -  529 words
  • Article, Illustration
    Lock icon Sutrisno replacing Murdani as chief of armed forces
    423 1 Reuter AFP GENERAL BENNY MURDANI, effectively the second most powerful man in Indonesia after President Suharto, is to step down next month after serving for five years as commander of the armed forces. General Murdani, a 55-year-old former intelligence chief who has
    Reuter; AFP  -  423 words
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      Page 1 Advertisements Column 1
      154 1 HEN COURT J? SICHUAN CUISINE King's Hotel Havelock Road Singapore 0316 Tel: 733 0011 being tied up. mkGsmai r —Q 6. S If you find difficulty in getting sufficient working capital to match your increasing sales, GPF can Kelp you. GPF s Factoring Plan provides ready cash that isn't tied
      154 words
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      Page 1 Advertisements Column 2
      279 1 Full report, Pagt 12 Regional markets, Pago 14 World marfcota, Pago 15 SHARE INFORMATION MONEY EXCHANGES COMMODITIES AIRCRAFT SCHEDULE CROSSWORDS TV RADIO BRISTOW DOONESBURY SINGAPORE'S status as a low-risk country has been reconfirmed in a comparative study of eight regional economies. HOME, Page 2 NEW ZEALAND will start slashing company
      279 words
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      Page 1 Advertisements Column 3
      72 1 Leader, Page 8 Quo vadis, world? LAST OCTOBER'S stock market crash was a clear warning sign the international economy is facing a risky situation. Tensions and imbalances stilt exist and are increasing. In fact, the Organisation for Economic Cooperation and Development expects a further economic slowdown this year and the
      72 words
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      Page 1 Advertisements Column 4
      63 1 TOTAL TRANSPORTATION -iqfvTu t] te1:265-3833 CROWN PACIFIC 'Bapak' Suharto slays In charge, Page 9 Melwani, exclusively male. Now Open at L B nternational uilding (Next to Lido Theatre) 360 Orchard Road. *01-18 f 15 i •*Q2-55/56/58Wisma Atria Tel: *****25 *02-14/15, Show Centre Tel: *****42 *02-23, Plaza Singapura, Tel: *****29 2nd
      63 words
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  • HOME NEWS
    • Article
      SIA mounts 26 extra flights to KL
      256 2 SINGAPORE AIRLINES will have 26 additional return flights on the Singapore-Kuala Lumpur shuttle service to meet expected heavy demand during the Chinese New Year period. An SIA spokesman said yesterday that response to the first lot of 13 extra flights, announced earlier, was
      256 words
    • Article
      Study reconfirms S'pore's status as low-risk country
      606 2  -  By ZHOU MEI Economics Correspondent SINGAPORE'S status as a lowrisk country for investors has been reconfirmed in a comparative study of eight regional economies. A report of the study places Singapore a close second to Hongkong in terms of risk exposure. The field
      606 words
    • Article
      Better outlook for M'sia, Indonesia
      183 2 INDONESIA and Malaysia, the two regional economies that recorded the lowest growth rates in 1987, are expected to perform slightly better this year. Indonesia, which recorded a 3.2 per cent growth rate in 1987, is expected to reach 3.5 per cent this year. For Malaysia,
      183 words
    • Article
      Consultancy sees higher export growth for Singapore
      291 2  -  By BOEY KIT YIN EXPORT PROSPECTS for Singapore in the next two years will be brighter than the last two, according to a country risk report. The report by the Political and Economic Risk Consultancy projects that the average annual export growth rate
      291 words
    • Article
      Training accord
      50 2 A NEW AGREEMENT has been reached for the Singapore Armed Forces to train in Australia. The agreement was in the form of exchange notes signed between the Australian High Commissioner, Mr Walter Handmer, and the Permanent Secretary of Defence. Mr Lim Siong Guan, at the Defence Ministry yesterday.
      50 words
    • Article
      Drawing cash from OCBC
      106 2 THE OVERSEA-CHINESE Banking Corporation will allow all local and foreign Visa card members of other banks to obtain cash advances through the group's 53 automated teller machines from today. The cash advance facility through the ATMs was first extended early last year to holders of Visa
      106 words
    • Article
      Sanyo expands capacity of Johor plant to meet higher demand
      391 2  -  By WILLIAM CHIA SANYO ELECTRONICS Singapore. which more than doubled its sales last year, is expanding its Johor factory to meet brisk demand for its products. It is putting in $7.8 million to expand its wholly-owned Malaysian outfit, Santoronics (M)
      391 words
    • Article
      Mentor Graphics plans to expand R&D operations
      377 2 MENTOR GRAPHICS, an American company which sells com-puter-aided tools for the design of electronic products, has reported that demand for its offerings has expanded markedly in this region. It is planning to expand its research and development (R&D) operations here because of the
      377 words
    • Article
      Word of advice from Chief Justice
      96 2 LAWYERS must continue to keep abreast of developments. Chief Justice Wee Chong Jin told 20 lawyers yesterday when he welcomed them to the Bar. The challenge was only just beginning, the Chief Justice toldthe lawyers. In the years to come, they can expect people
      96 words
    • Article
      For Parliament
      55 2 HOW SINGAPORE will be hit by the removal of its duty-free access to the US market will be raised in Parliament when it sits again on Feb 25. Mrs Yu-Foo Yee Shoon (Yuhua) will be directing a question on the subject at Trade and Iq-; dustry Minister Brigadier-Gener-
      55 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      300 2 DANIEL NG is now an associate director of Jones Lang Wootton. Mr Ng joined the company in 1976 as a property manager and was promoted to senior marketing manager last year. As associate director, he will continue to be responsible primarily for the firm's residential agency. ANGELA
      300 words
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      Page 2 Advertisements Column 1
      118 2 Now, all VISA cardholders can get instant cash advances from iflSr- f *.*v I I r m /I il* Si' if**-* over 50 EASI-CASH ATMs of the OCBC Banking Group. We're the first Singapore Banking Group to offer you Electronic Money in over 50 convenient locations all over the island.
      118 words
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      Page 2 Advertisements Column 2
      54 2 WORLDWIDE EXPRESS Prompt fMQk-up and delivery 24 hours a day EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! WORLD-WIDE BUSINESS CENTRES <S) PTE LTD; #11-04/06 Peninsula Plaza, Tel: *****69 Complete facilities telex fax copier word processing secretarial services conference room answering service long snort term
      54 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Philippines nets US$365m from privatisation
      233 3 Reuter THE SALE of the Philippine government bank assets and the privatisation of state-owned corporations generated gross revenues of 8.1 billion pesos (US$365 million) in 1987. Philippine Finance Secretary Vicente Jayme told a press conference on Tuesday that only 1.24 billion pesos was actually transferred
      Reuter  -  233 words
    • Article
      Lock icon Many Manila landlords defy reform programme
      176 3 AFP PHILIPPINE landlords have defied President Corazon Aquino's land reform programme by failing to register thousands of hectares of farm land by the Monday deadline, the government said. Mrs Aquino, who has said that all arable lands are to come under agrarian reform, asked
      AFP  -  176 words
    • Article
      Lock icon City dwellers to constitute 55pc of Indonesians
      141 3 AFP URBAN DWELLERS are expected to account for some 55 per cent of Indonesia's total population by the year 2017, a top Indonesian population official was quoted as saying. Kartono Wirosuharjo, Assistant to the Minister of Population and Environment, was also quoted by
      AFP  -  141 words
    • Article
      Lock icon Urban Indians want the rich to be taxed more: poll
      240 3 AFP A MAJORITY of urban Indians want the rich to be taxed more in the coming fiscal year's budget. Sixty-one per cent of 2,120 Indians who responded to a nationwide opinion poll in 38 towns and cities wanted the rich
      AFP  -  240 words
    • Article
      Lock icon KL hands out M$800,000 for skills improvement
      247 3 Bernama ABOUT M $800,000 had been given out to the manufacturing sector in Malaysia under the double deduction incentive for approved training schemes since last July. The director of research and planning of the Malaysian Labour Ministry, Yau De Piyau, said on Tuesday
      Bernama  -  247 words
    • Article, Illustration
      Lock icon NZ defers plan for single rate tax
      517 3 Lower income taxes from April Reuter NEW ZEALAND will start slashing company and personal taxes in a few weeks, but has deferred a planned single rate of income tax for further consideration. Company taxes will fall as low as 28 per cent from
      Reuter  -  517 words
    • Article
      Lock icon Tokyo checks prices to forestall dumping charge
      157 3 AFP JAPAN is checking the prices of its premier export items, including cars and compact-disc players, to forestall dumping charges from the US and the European Community, the Jiji Press news agency reported on Tuesday. The Ministry of International Trade and Industry (Miti)
      AFP  -  157 words
    • Article
      Lock icon Plan to revamp Fijian Council of Chiefs
      309 3 AP GOVERNMENT MOVES are under way to revamp Fiji's Great Council of Chiefs to give it a parliamentary-type structure, officials said in Suva yesterday. A Ministry of Fijian Affairs paper proposes the establishment of a bicameral council consisting of upper and lower houses.
      AP  -  309 words
    • Article
      Lock icon Iran and NZ in oil for dairy products deal
      147 3 UPI IRAN will export crude oil to New Zealand in return for meat and dairy products, according to an agreement between Iranian and New Zealand officials in Teheran, Opecna, the Organisation of Oil Exporting Countries News Agency, said on Tuesday. "The
      UPI  -  147 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      193 3 Wth 700 luxurious rooms and suites each overlooking the Chao Phraya River, the Shangri-La is truly a city resort in the heart of Bangkok. Set amidst beautiful landscaped gardens, it offers an extensive range of leisure activities as well, of course, as the warm welcome and superb standards of personal
      193 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      121 3 a B v// Max/ Note Mln (°C) 33/14 Hazy 05/03 Roln 15/06 Cloudy 20/15 Cloudy 34/25 Cloudy 29/20 Cloudy 04/-6 Cloudy 18/09 Sunny 10/05 Cloudy 06/03 Cloar 18/14 Cloudy 06-03 Showtn 29/19 Hozy 05-01 Rain 30/20 Cloar 21/11 Clear -13-16 Snow 27/10 Rn« 28/18 Cloudy -5-14 Cloudy 03/01 Cloudy 28/24
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  • REST OF THE WORLD
    • Article
      Lock icon Eastern Europe could face debt crisis, says BIS
      478 4 Reuter EASTERN EUROPEAN countries, struggling to reform their economies, could face a difficult few years as debts mount and their ability to pay them declines, according to a new financial report. The Bank for International Settlements (BIS) said in Basle yesterday that
      Reuter  -  478 words
    • Article
      Lock icon More than one million seeking immigration amnesty in US
      210 4 AP A TOTAL of 1,241,000 people have applied for amnesty under provisions of the US Immigration Reform and Control Act of 1986. the US government disclosed on Tuesday. Of those applicants. 267.000 applied under a plan for agricultural workers, the US
      AP  -  210 words
    • Article
      Lock icon US January retail sales seen unchanged
      376 4 Reuter JANUARY US retail sales are expected to remain unchanged at December's level, further buttressing the view that the economy will slow this quarter, but not sink into recession. Economists expect today's release of retail sales to show an unchanged level of sales for
      Reuter  -  376 words
    • Article
      Lock icon Free capital movement in EC expected soon
      128 4 Reuter PROPOSALS to free capital movements within the European Community could be approved in the next few months, according to West German Finance Minister Gerhard Stoltenberg. "I see a certain chance that we will come to a conclusion in the first half of
      Reuter  -  128 words
    • Article, Illustration
      Lock icon Financial ruin looms as EC meets today
      303 4 AFP EUROPEAN COMMUNITY leaders start meeting in Brussels today for another crisis summit with the prospect of financial disaster looming fast upon them. French Prime Minister Jacques Chirac warned in Paris on Tuesday that if the Brussels summit ended in another failure, the
      AFP  -  303 words
    • Article
      Lock icon Conservationists to seek G-7 help in debt swaps
      357 4 Reuter WORLD CONSERVATION leaders have agreed to ask the so-called Group of Seven industrial nations to consider ways of expanding conversion of Third World debt into projects protecting the environment. "We want the major nations to consider the principle of converting more
      Reuter  -  357 words
    • Article
      Lock icon South Africa faces 'disastrous' population explosion
      203 4 Reuter SOUTH AFRICA faces a disaster far worse than the Ethiopian famine unless it heads off a population explosion, said Luwellyn Landers, coloured (mixed-race) Deputy Minister of Population Development, in Cape Town on Tuesday. "If we don't tackle the problem, South Africa is heading
      Reuter  -  203 words
    • Article
      Lock icon Peru raises sales taxes on luxury goods to cut deficit
      201 4 AFP THE PERUVIAN government has announced increases in sales taxes on 130 mainly non-essen-tial consumer goods of up to 300 per cent in an effort to reduce the government's fiscal deficit and the current wasting of its monetary reserves. The
      AFP  -  201 words
    • Article
      Lock icon UK's House of Commons says aye to TV
      210 4 Reuter BRITAIN'S House of Commons voted on Tuesday to allow its proceedings to be televised, despite strong opposition led by Prime Minister Margaret Thatcher. By a margin of 318-264, the Lower House of Parliament ended 30 years of wrangling over whether its
      Reuter  -  210 words
    • Article
      Lock icon Experimental reactor project
      80 4 AFP SCIENTISTS from European Community (EC) member countries and colleagues from Japan, the Soviet Union and the US are to develop an experimental thermonuclear reactor, it was announced in Brussels on Tuesday. An experimental reactor could be operational by the late 1990s and might lead to commercial
      AFP  -  80 words
    • Article, Illustration
      Lock icon Waldheim report fails to dispel doubts
      600 4 Reuter A REPORT on the wartime past of Kurt Waldheim will strain Austria's governing coalition and do nothing to solve image and foreign policy problems caused by his presidency, according to diplomats and political commentators in Vienna. "The clouds remain," one diplomat said. "The
      Reuter  -  600 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      895 4 ARRIVALS Operator Sorvic* Local From number tim« OA OA472 0015 SYD/AAEL THAI TG481 0025 IKK SIA SOU 0115 LAX/MPT THAI TG8010 0300 BKK/KPS LH. UL453 0315 NRT tc IC555 0655 MAA MAS MH681 0820 KUL LUFT DF3806 0835 FRA/SHJ MAS MH811 0910 PEN MAS AAH671 0920 KUL
      895 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      138 4 Le MERIDIEN SINGAPOUR and AIR CANADA (Sr) present V. BRUNO LAPLANTE BRIGITTE TOULON IN CONCERT 12 February, 9.30pm Margaux Ballroom Bruno I-ipl.mie who travels extensively around the world for performancvs. has recorded the I .ivre d or de la Melodic Franc aise" which has earned several "Grand Prix du Discjue"
      138 words
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      Page 4 Advertisements Column 2
      35 4 The business person's choice, every Tuesday. Thursday. Saturday and Sunday Leoving Changi Airport at 22:05 hours and arriving Heathrow early the following morning Call your Travel Agent or Air Canada at *****55 AIR CANADA (V
      35 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      50 4 Doonesbury K/HYHDT? VOWRS NOT oneofthosb HOUYIWOP APPEASEMENT FRUITCAKES, ARB YOU? HBLL.HO. IMOULPN7 SAYI'M... OH, YEAH? THEM SHOW MB! HIT THE PECK ANP &VBMB FIFTY! BY GARRY TRUDEAU YOU HEARD U,uati, thbgbnepau MAT? DO TT! SIR! 0NE..TW0... QUEST m THREE. IS COM- HJNCH 'PUFF!- PLYING! FOUR... SIR' MB SICK! m i
      50 words
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  • COMMODITIES
    • Article
      RAS and MRELB
      239 5 R AS prices in S cents/kg, FOB In bal« NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 221.00 222.00N 221.00 222.00N Int 1 RSS Mar 88 217 JO 218.00 217.50 218.00 Int 1 RSS Apr 88 216.50 217.00 216.50 217.00 Int 2 RSS OP 215.50
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    • Article
      SSR and SMR
      76 5 (cants/kg, 1-ton pollen) MARCH 1988 APRIL 1988 (current month) (forward month) RAS NOON NOON Bvy*rs S*ll»n Suy*n S«ll*rs SS8 20 210.50 212.50N 210.50 212.50N SSR 50 209.00 211.00N 209.00 211.00N MRELB Buyer* S*U*rs Ruy«rj S#tl«rj SMR CV 274.50 276.50N 275.50 277.50N SMR I 274.50 276.50N 275.50 277JON
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    • Article
      Rubber
      237 5 SINGAPORE The market closed slightly easier yesterday with March One RSS buyers quoted at 217.50 cents a Kg, down 0.50 cent from Tuesday's close. Prices were marked slightly lower at the outset and continued to drift further on lack of buying interest in quiet morning trading. Most operators continued
      237 words
    • Article
      KL Tin
      109 5 THE PRICE of tin on the KLTM yesterday closed unchanged from Tuesday at M 517.16 a kg in continued quiet tredlng, reflecting the steadiness in Europe. Deelers noted small-scale Japanese, European and local buying interest, helped by a firmer sterling against the ringgit Buyers and sellers agreed to
      109 words
    • Article
      Oil and Products
      73 5 WEAKER CRUDE on Nymex brought trading to a virtual halt yesterday. The weakness came after reports of soaring stock prices in the US. Dubai (Mar) WM Tun US$/barr«i 15J5 Oiang* -0.12 WTt (Mar) 17.35 -0.33 Products (FOB S'pore) Ktfrnm Catoil low Sulphur Waxy iMidu*. LSWt US$/barr»l 22.13
      73 words
    • Article
      London Markets
      317 5 London Commodity Exchange Fob/Mar Mar/Apr Apr/May May/Jun 535* (540*) 540* (545*) 547* (555*) 550* (560*) Buyer/Sollor doting pricot on Fob 9 (£/tonne unieu specified). Previous dosing prices in pareolheiit. Coif## &asis in-ttore London, setters option OF London Mar 1235/1240 (1241/1242) High/Low 1240/1234 May 1260/1262 (1268/1269) High/Low 1266/2160 Sal**
      317 words
    • Article
      Palm Oil
      459 5 Crude palm oil futures, recovered yesterday after Tuesday's sharp fall to close higher on short-covering and speculative buying, with firmer overnight Chicago soyoil futures supporting prices. But reports that India had excluded palm oil from its vegetable oil import tender restricted the rise. May closed Ms 23 higher
      459 words
    • Article
      Produce Prices
      230 5 Chinese Produce Exchange StHtn noon dodnQ pfk »< an Fob 10 (SS/100 kg) Coconut oil h* FO« 115.00 Otd drvm FOB 125.00 Now drum FOt 139.00 Copra Mixod (loo—) 64 lollon Pepper Muntofc ■»> FOi NIW 1185.00 Sarawak FO# foq NIW 1170.00 Mock FOt NtW 870.00 Sofowafc Asfa
      230 words
    • Article
      Precious Metals
      266 5 HONGKONG: The metal closed firmer in fairly active trading yesterday on continued buying interest following New York's gains. Bullion ended at U*****.60/444.10 an ounce against New York's US$442 00/50 close and the U*****.90/440.40 finish here on Tuesday. On the local market, gold rose HK$22 to end at HK54.144
      266 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      57 5 k e, *y 00 a?*? r- >m "l!Ss 9 Mft na.VM.VV>. < > >v V a. v- --"iJ. hi >■ i I C'.s -gg- .vs\J asS a saie Our di are ev fabulo as we 21 **35.00 ca^nA&N 1 /Ci M T 4,' «j A A ♦f *J hf&' .^Y'
      57 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1305 6 SINGAPORE: The US dollar closed slightly higher yesterday against most major currencies after minor fluctuations in a day of thin and featureless trading. Most operators, speculating the Federal Open Market Committee might ease monetary policy, were reluctant to take large positions as they awaited results of the Fed
      1,305 words
    • Article
      Asian $ market
      335 6 Asian market SHORT-DATED Asian dollar deposit rates moved lower yesterday while fixed dates were little changed from weaker opening levels, after a day of quiet trading An offered tendency in short-dates in the afternoon pushed the rates lower with overnight closing at 6% 6V4 per cent after having started at
      335 words
    • Article
      Comex gold/silver futures
      85 6 Silver futures on Feb 9 5.000 troy ounces. US cents per troy ounce Opan High Low SMI* F«b 626.50 -3.20 Mar 630.50 632.00 622.50 629.00 -3.50 Apr 627.00 628.00 627.00 632.70 3.50 May 638.00 640.00 631.00 637.10 -3.50 Jul 644.00 647JO 639.00 645.00 3.50 S«p 650.00 653.50
      85 words
    • Article
      Simex
      450 6 MARCH Eurodollar futures opened four ticks higher at 93.19 yesterday as the market remained firm on overnight rumours of further cuts in US prime rates and hopes of easing interest rates by the Federal Reserve. After opening at the low of 93.19, the March contract continued to edge higher
      450 words
    • Article
      Lock icon IMM
      216 6 Reuter CURRENCY FUTURES closed mixed on Tuesday following a dull session. Recent narrow trading ranges again confined price movement. The mark and Japanese yen contracts eked out small advances and the other contracts settled unchanged to lower. Traders noted that in the thin trade ahead of tomorrow s US
      Reuter  -  216 words
    • Article
      Options
      1572 6 CURRENCY FUTURES OPTIONS Wednesday, February 10 1988 DEUTSCHEMARK (SIMEX) Mw M call* Mar U puts High Low SMI High Low Soil 54 a 55 4 56 8 57 2321 237 21A 19 58 1538 158 45 43A 43 59 921 96 SOA 76 60 49* 53 I36A 132 61
      1,572 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      315 6 SENIOR APPOINTMENT Coopers Lybrand Associates provides a comprehensive range of management consultancy services aimed at helping clients increase the effectiveness and profitability of their organisation. These services include Corporate Development, Strategic Planning, Financial Control and Management Information Systems, Manpower Reviews and Cost Reduction Studies, Information Technology, Manufacturing and Distribution Systems,
      315 words
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      Page 6 Advertisements Column 2
      10 6 IB banque indosuez 3 Shenton Way, Shenton House. Singapore 0106
      10 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Tokyo overtakes New York as world lending centre
      643 7 IHT JAPAN HAS BECOME such a financial powerhouse that Japanese banks have far surpassed their American counterparts in international assets, while Tokyo has overtaken New York as a centre for international lending, according to a report issued on Tuesday. Japanese banks, which
      IHT  -  643 words
    • Article
      Lock icon EC ministers agree to open up insurance market
      245 7 Reuter EUROPEAN COMMUNITY finance ministers have approved detailed measures to open up the bloc's protected insurance industry to greater crossborder competition. West German Finance Minister Gerhard Stoltenberg said in Brussels on Tuesday that the proposals would go to the European Parliament for
      Reuter  -  245 words
    • Article
      Lock icon Market crash cuts NZI net profit by at least NZs4sm
      275 7 Reuter INSURANCE and banking group NZI Corp Ltd said the October market slump cut its net profit by at least NZ$45 million in the quarter to Dec 31. It gave no figures for the quarter but said in a statement
      Reuter  -  275 words
    • Article, Illustration
      Owyang retires as POSB's deputy chairman
      366 7  -  By SOH TIANG KENG Financial Correspondent HSUAN OWYANG, 60, has retired as deputy chairman of the Post Office Savings Bank. The departure of Mr Owyang was announced in the latest issue of On-line, the in-house newsletter of POSB. Mr Owyang, who is the chairman
      366 words
    • Article
      Lock icon Kumagai Gumi (HK) signs for HK$480m loan
      161 7 Reuter KUMAGAI GUMI (Hongkong) Ltd, a unit of Kumagai Gumi Co Ltd, has signed for a HK$4BO million loan, lead manager Mitsubishi Bank Ltd says. The 10-year loan will carry interest at percentage point over the Hongkong interbank offered rate (Hibor) for the
      Reuter  -  161 words
    • Article
      Lock icon Japanese likely to eye Union Bank in California
      284 7 NYT JAPANESE BANKS without a foothold in California are the most likely suitors of Union Bank, the state s fifth-largest bank. But one leading contender, Dai-lchi Kangyo Bank, the world's largest bank, has said it was no longer planning to make a
      NYT  -  284 words
    • Article, Illustration
      World interest rates
      187 7 Indicates the average of the prime lending rates of 12 major banks in S'pore Interbank market rates (offer/bid) on Feb 10 us$ DM SWFC Yen 7 days 6 3/4 S/8 8 7 7/8 3 1/2 3/8 1 1/8 7/8 3 11/16 9/16 6 3/4 S/8 8 IS/16
      187 words
    • Article
      Lock icon UK broking house lays off 85
      75 7 Reuter UK STOCKBROKER CL-Alexanders Laing Cruickshank Holdings Ltd. a subsidiary of French banking group Credit Lyonnais. said it was laying off 11 per cent of its UK workforce as a result of the fall in volume since the Oct 19 crash. "There will be
      Reuter  -  75 words
    • Article
      Money markets
      62 7 THE OVERNIGHT rate on the Singapore interbank market rose y A point yesterday to close at 3% per cent. The term rates were unchanged across the board. S$ Interbank rates at 12 noon yesterday: OFf€« MO Otfmvht 3 1/2 3 1/4 l -momti 3 3/16 3 1/16 2-month
      62 words
    • Article
      Government securities market
      85 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****V 12.5.88 2.96 2.91 2.97 2.90 6 months BY*****S 30.6.88 3.01 2.96 3.05 3.05 1 year BY*****T 24.11.88 3.01 2.96 Government notes and bonds i Period Issue Maturity Coupon Yesterday's closing Day's
      85 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      72 7 FOR SALE Prime Residential Investment 1.-H m STEVENS COURT Stevens Road, District 1025 A rare opportunity to own a luxurious and exclusive 4-storey block of 6 apartments complete with lift, swimming pool, squash court and covered carpark Each apartment is 2,863 sq ft., with 4 bedrooms and one utility room
      72 words
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      Page 7 Advertisements Column 2
      8 7 Japan's broking firms shelve growth plans, Page 14
      8 words
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      Page 7 Advertisements Column 3
      119 7 Thai yal Orchi Service W* x V "\Wat W 4 r* '*'*>- *<;„ im l I-S#-' r% m i< We're doing what comes naturally And our clients keep coming back. Because on Thai, youll be treated to the same sort of attentive, yet unobstrusive service that makes us such a
      119 words
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  • PERSPECTIVE
    • Article
      The yen for oil trading
      452 8 SINGAPORE'S ambition to become an oil trading centre is shaping up well. Japanese oil traders, who have tended to dominate the trading environment because of demand for specific products such as naphtha, appear to be further bolstering their local operations. Marubeni has opened a second
      452 words
    • Article, Illustration
      Time to heed economic warnings
      2363 8  -  In the opinion of economist-turned-banker Dr H Johannes Witteveen, who was in Singapore recently, the world is now facing a risky situation. World economic growth has gradually slowed while serious imbalances have continued to exist and increase. Where will it all lead to? Dr Witteveen,
      2,363 words
    • Article, Illustration
      Amro seeking to set up new beach-heads in Asia
      631 8  -  By PATRICIA M SCHERSCHEL Financial Editor A DETAILED model of The Amsterdam, a magnificent, threemasted sailing ship built in 1748, greets visitors to the Singapore branch of Amsterdam-Rotterdam Bank, located high up on the 36th floor of the OCBC building. Both
      631 words
    • Article, Illustration
      Lock icon 'Bapak' Suharto stays in charge
      875 9  -  Officials of the ruling Golkar Party in Indonesia have ruled out discussion of a Suharto successor until after 1992. In the meantime, Mr Suharto remains the unchallenged leader of the world's fifth most populous country. RUTH YOUNGBLOOD reports. RUTH YOUNGBLOOD UPI PRESIDENT SUHARTO, the self-proclaimed
      UPI  -  875 words
    • Article
      Lock icon Japanese firms in the US exporting in reverse
      981 9  -  By HITOSHI SUGIMOTON UPI JAPANESE manufacturers, after establishing themselves in the United States and capturing substantial market positions, are now turning their eyes toward their home country. A survey released in December by the Japan External Trade Organisation, or Jetro, showed more
      UPI  -  981 words
    • Article
      Lock icon Islam, Indonesia's agent of progress
      413 9  -  By JEREMY CLIFT Reuter PRESIDENT SUHARTO, expected to be reappointed for a fifth five-year term next month, said Islam must become an agent of progress and called on Indonesia's Muslims to work harder. He said that Indonesians must not be satisfied with the progress they
      Reuter  -  413 words
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      Page 8 Advertisements Column 1
      139 8 Choose from Kampachi's exquisite Japanese SetLimches 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 easy to order and unsurpassed
      139 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      616 8 26 27 CRYPTIC PUZZLE ACROSS 1 Waited to get accustomed to reduced pay (6) 7 Dice can't be shaken, as it happens! (8) 8 Lady Caroline's pet? (4) 10 Pieces mostly arranged as duets? (6) 11 Bent as can be, but not here (6) 14 Captaincy record? (3) 16 Strange
      616 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      236 9 "O' 4 5 yttS SI •csy fc> r. < y K_^ You have a business to run, I a busy schedule SINGAPORE BUSINESS understands your' commitment to your work. So, Instead of having to go out in the sweltering heat or get held up somewhere in a traffic jam on
      236 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1186 9 to vm mm \i k IK Robert Redford stars as Roy Hobbs in The Natural THURSDAY FEATURE SPECIAL The Natural 10.35pm, Channel 5 Hollywood heartthrob Robert Redford stars as middle-aged baseball prodigy Roy Hobbs. This Patricia Mery production also stars Robert Duvall, Joe Don Baker and Robert Rich 111. DAUGHTERS
      1,186 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Dyke beats Benhabiles in Nabisco match
      134 10 AP AUSTRALIAN Broderick Dyke defeated Frenchman Tarik Benhabiles on Tuesday in the second round of the US$2BO,OOO Nabisco Grand Prix tennis tournament in Lyon, France. Dyke, ranked 96th, beat the 72nd-ranked Benhabiles, 6-4, 6-4. Dyke's compatriot. Brad Drewett, was defeated by Frenchman Thierry Tulasne,
      AP  -  134 words
    • Article, Illustration
      Lock icon Martina breezes past Benjamin
      285 10 AP MARTINA NAVRATILOVA needed just 40 minutes to get past unheralded Camille Benjamin 6-0, 6-1 on Tuesday in the U*****,000 Virginia Slims of Dallas tennis tournament. Navratilova, ranked No 2 in the world, was seldom challenged during the match and faulted herself for the lone game
      AP  -  285 words
    • Article
      Lock icon Pyongyang to give final answer on Olympics next month
      131 11 Reuter INTERNATIONAL Olympic Committee (IOC) president Juan Antonio Samaranch has said that Pyongyang would give a final answer on participating in the Seoul Olympics next month. Japanese newspaper Yomiuri Shimbun yesterday quoted Mr Samaranch as saying that North Korean Olympic committee
      Reuter  -  131 words
    • Article, Illustration
      Lock icon Tyson ties the knot with television actress
      148 11 UPI WORLD HEAVYWEIGHT CHAMPION Mike Tyson married television actress Robin Givens in a quiet ceremony on Sunday. The minister who performed the ceremony, Father George Clements, said the 21-year-old undisputed champion asked him to perform the Catholic ceremony because "I was the first
      UPI  -  148 words
    • Article, Illustration
      Lock icon Foreman may be sidelined
      122 11 UPI FORMER heavyweight champion George Foreman, 7-0 on the comeback trail, might be sidelined because of a left-hand injury aggravated in a bout last week. According to promoter Bob Arum, Foreman's hand swelled after his fifth-round knockout over Guido Trane. Foreman said after the fight he
      UPI  -  122 words
    • Article
      Lock icon Graham hopes to secure title bout against Tate
      184 11 AFP BELFAST boxing promoter and manager Barney Eastwood is hoping to secure a world title chance for his middleweight Herol Graham against International Boxing Federation champion Frank Tate. Eastwood has begun talks with IBF president Robert Lee on a possible mandatory defence
      AFP  -  184 words
    • Article, Illustration
      New shines in pre-tournament competition
      425 11  -  By WALTON MORAIS BEVERLEY NEW fired the first psychological salvo in the US$5O,OOO Kosaido Asahi Singapore Ladies Open, beginning at Tanah Merah today, by carding the best score in the Pro-Am competition yesterday. The 27-year-old golfer from Bristol, England, who shared the opening round lead
      425 words
    • Article, Illustration
      Lock icon Mennea begins comeback attempt in Sydney
      254 11 AFP WORLD 200-METRE record holder Pietro Mennea of Italy will launch his international comeback attempt in the New South Wales athletics championships this weekend. Officials in Sydney said yesterday that Mennea, aiming for the Seoul Olympics in September after nearly two years' absence from
      AFP  -  254 words
    • Article
      Lock icon Johnson goes for glory on borrowed skis
      335 11 Reuter AT FOURTEEN, Seba Johnson is the youngest skier at the winter Olympics in Calgary, the first black female ever to take part in the Alpine events at the games and the only competitor without a proper pair of skis. While the pampered
      Reuter  -  335 words
    • Article
      Can the sports field be a melting pot?
      590 11  -  Jranklif. speaking,... by WALTON MORAIS THROUGHOUT the pre-match publicity and in the after-glow of his Super Bowl triumph, Doug Williams talked about how he was a quarterback first and a black only incidentally. "I don't think the Redskins picked me to be
      590 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1183 10 4 COURVOISIER XO~Where to eat, drink... MALAYSIAN HIGH TEA ONLY $7.00++ c Try Something Malaysian Style "HIGH TEA" From three to ax every afternoon your choice of 15 Buffet spread of delicious Kueh Lapis. Kueh Dadah, Mee Siam, Kueh Kuchee. Agar Agar Gundil. Bubor Hitam, Gula Melaka and many more.
      1,183 words
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      Page 10 Advertisements Column 2
      197 10 I II» s i T4 u Cupid has made lots of romantic arrangements at The Mandarin. Buffet Lunch Top of the M $28 (Adult) $13 (Child) Pine Court $28+ (Aduh) $13+ (Child) The Belvedere $35+ (Adult) $18+ (Child) Candlelight Dinner Top of the M $45+ a k The Stables $45++
      197 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      381 11 and entertain 4 w I J There's a cafe on a lush, green hi 11... where you can take a break. Meet friends. Retax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. And much more. At Cafe in
      381 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Share prices edge higher on technical rebound
      4208 12 A TECHNICAL REBOUND after the previous fourday decline helped share prices close marginally higher yesterday. Dealers said the market's slight improvement was mostly on short-cov-ering and bargain-hunting activities by retail investors while most institutions remained on the sidelines. At the close of trading,
      4,208 words
    • Article
      Chief price changes
      256 12 Rises SINGAPORF Indices Fob 9 Fob 10 koto 280 Hong Fofc 61 S 1 A 990 D I S 930 M Inowta 130 Not Iron 560 UOI 430 Genitng. 382 Troctori 324 Falls D KwomI 460 Hun Corpn 50* 93 WMfflM 328 MA A 133 OCIC 633
      256 words
    • Article
      Business done on the SES
      3005 12 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 at 1,000 units unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acmo (1 10 B) Alcom 049V45)
      3,005 words
    • Article
      COMPANY MEETINGS
      167 12 ARAB-MALAYSIAN DEVELOPMENT Berhed: 21st AQM at the Dewsn Arab-Malay-sian, 7th Floor. Bangunan Arab-Malaysian, Jalan Raja Chulan, ***** Kuala Lumpur today at 10.30 am. FABER MERLM MALAYSIA Bsrhad: 24th AOM at The Merlin Kuala Lumpur. Jalan Sultan Ismail. ***** Kuala Lumpur on Monday. Feb 15. at 11am. TALAM CORPORATION
      167 words
    • Article
      Unit trusts
      277 12 Monoa»r»' prices Jopon Gr Fund 1 46 151 for Feb 11 Shenton Thrih Fund 078 0 78 Singapore Unit Trust UOB Management The Commerce 009 095 Unihmd 0785 0785 The Savings Fund 078 083 Unibond 099 101 S'por# Prog fund S pore Sec Fund 035 0 60 039
      277 words
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  • COMPANY NEWS
    • Article, Illustration
      Robina City taking shape on Gold Coast
      995 13  -  From FLORENCE CHONG ROBINA CITY is slowly but surely taking shape on the hinterland of the Gold Coast, on Australia's most popular beach resort. Named after its developer, Singapore-based businessman Robin Loh, the satellite city estimated to cost at least Asl billion on
      995 words
    • Article
      Malaya Tin Printing acts to revive Cad-Cam Systems
      395 13  -  By ELAINE KOH MALAYA TIN Printing's new board of directors has promptly got down to work with the immediate task of rescuing its lossridden subsidiary, Cad-Cam Systems. Cad-Cam is seeking to raise money through a one-for-one rights issue from its shareholders, namely
      395 words
    • Article, Illustration
      Dah Yung rebuts Mandarin Resources's allegations
      582 13  -  Placement of new shares in 1984 was a conspiracy, claims letter By ROSIE TAN DAH YUNG Investment Ltd has rebutted Mandarin Resources's latest suit by claiming that the Hongkong-listed company's placement of new shares in 1984 was a conspiracy to cheat investors into buying
      582 words
    • Article
      Lock icon HK banks likely to report healthy increase in total profit: survey
      291 13 Reuter THE TOTAL PROFIT of the 32 banks incorporated in Hongkong are likely to have risen 27 per cent in 1987, an independent rating agency said. A survey by Capital Information Services Ltd estimated that the total profit for
      Reuter  -  291 words
    • Article, Illustration
      Lock icon China's first Kentucky Fried Chicken restaurant a success
      263 13 AFP KENTUCKY Fried Chicken, China's first US fast food restaurant, is attracting up to 3,000 customers a day and logging daily sales of US$lO,BOO. "During the winter months, long lines of Chinese from all walks of life have been braving the chilly
      AFP  -  263 words
    • Article
      Hong Fok shares take a leap on first day of post-suspension trading
      241 13 PENT-UP PRESSURE from an 18-month suspension boosted trading in Hong Fok Corporation yesterday, making it one of the day's top gainers. The property counter climbed 17.5 cents to 61 cents from its pre-suspension price of 43.5 cents, with
      241 words
    • Article
      APPROVED ISSUES
      39 13 Company BONUS ISSUE A|inomoto Onefor-five Ex dote Mor 4 Books close: Mor 18 Kg lanjut One for three Shore split of $1 50 par into shares of $1 each En dote Jon 27 Books close-. Feb 20
      39 words
    • Article
      PROPOSED ISSUES
      310 13 Company RIGHTS ISSUE A M D B Oneforfour $0 50 per shore C 1 Holdings 27 million loon stocks in the ratio of (3 loan stock for every five ordinory shores held Duta Cons One for one $1 10 per shore F A C B One for one
      310 words
    • COMPANY BRIEFS
      • Article
        UOL completes land purchase
        130 13 UNITED OVERSEAS Land, through its whollyowned subsidiary, United Boulevard Re Ltd (UB), has completed the purchase of a piece of freehold land at Jalan Lembah Thomson/Soo Chow Walk, measuring 26,097 sq metres, for $12.36 m. UB has obtained in-principle planning approval for the development of 82
        130 words
      • Article
        S Angkasa cuts Kamunting stake
        127 13 SERI ANGKASA Sdn Bhd has reduced its stake in Kamunting Tin Dredging (M) Bhd from 15,517,241 shares to 15,476,012 or from 79.45 pc to 79.24pc. Arab-Malaysian Merchant Bank, on behalf of Seri Angkasa, said this resulted from its sale of 100,000 shares, representing 0.51 pc
        127 words
      • Article
        MMC group's tin output rises
        112 13 TIN OUTPUT by the Malaysia Mining Corporation Bhd group and its associates in January increased to 1,209.27 tonnes from 1,198.59 tonnes in December 1987. A statement from Pernas Charter Management Sdn Bhd, the managers of the mines, said 18 dredges under the group remained shut
        112 words
    • Article
      Lock icon Standard Chartered to acquire 90pc of ChinTung
      181 13 Reuter STANDARD CHARTERED Asia Ltd, a wholly owned merchant banking arm of Standard Chartered PLC, has signed detailed agreements for the acquisition of 90 per cent of ChinTung Holdings Ltd at an undisclosed price. It said in a statement in Hongkong that the
      Reuter  -  181 words
    • Article
      NZSE seeks details on share sale losses
      188 13 THE NEW ZEALAND Stock Exchange has asked all listed companies to give details by Feb 29 of any losses suffered from share market investments and to provide a Dec 31 pro forma balance sheet. The exchange said in a statement the balance sheet
      188 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Japan's broking firms shelve growth plans
      539 14 Staff cutbacks at US branches Reuter JAPANESE SECURITIES FIRMS, which rapidly expanded their New York operations in the bull market, have shelved growth plans due to the Wall Street crash and fired some staff, a policy that runs counter to the belief in life-long
      Reuter  -  539 words
    • Article
      KL prices finish broadly higher in light trading
      2860 14 THE KUALA LUMPUR stock market finally took a turn for the better yesterday as share prices closed broadly up, reversing the previous six easier sessions. As in the previous sessions, business volume remained light as operators preferred to wait it out on
      2,860 words
    • Article
      Lock icon Elders summoned over buy-back
      140 14 Reuter THE AUSTRALIAN STOCK Exchange (ASX) has issued a summons against Elders IXL Ltd over the multi-bil-lion-dollar buy-back of its holding in the Broken Hill Pty Co Ltd. an Elders spokesman said yesterday. The summons to appear in court relates to Elders not having called a
      Reuter  -  140 words
    • Article
      Prices end higher
      1357 14 Hongkong SHARE PRICES on the Hongkong market ended slightly higher yesterday in line with New York's gains, but trading was thin ahead of next week's lunar New Year holiday, brokers said. The Hang Seng Index closed 10.43 points higher at 2.233.47, while the broader-based Hong Kong Index
      1,357 words
    • Article
      Seoul
      112 14 Kai ***** -000 Kangwon Ind ***** -400 Chad Sugar JflQQQ 4/Y! Kia Motor ***** 100 7™ ***** 1200 Oaawoo Corp ***** Koraa Long Tarm Oaawoo Heavy Daiahin Sacurihaa Dong Ah Ptiar ***** ***** -700 -aoo Lucky Ltd Oriantai Brawary Oriantai Cham ***** ***** ***** 200 *980 unch Dong Suh
      112 words
    • Article
      Lock icon Tokyo
      462 14 Reuter SHARE PRICES on the Tokyo market closed firmer yesterday in modest trade on Wall Street's rise overnight and the dollar's stability, but the market is looking nervously towards Friday's release of U S trade data for further direction, brokers said. "The figures will probably not have much direct
      Reuter  -  462 words
    • Article
      Lock icon Sydney
      412 14 Reuter THE AUSTRALIAN share market closed lower yesterday with all sectors recording falls, despite an early but short-lived rally. Brokers .said the market remained under pressure from heavy selling which appeared as soon as buyers were evident in the market. "There was some poeitive news (from overseas) which saw
      Reuter  -  412 words
    • Article
      Lock icon Bangkok
      154 14 Reuter THE SECURITIES Exchange of Thailand Index rote by 2.96 point* to 327.13 yesterday on a turnover of 4,421.064 shares worth 454.06 million baht. Reuter Ao Kham Thai Ayudhya >n»aatman i si« unch Bangkok Ayo tnd ..•6 1.8 Bangkok Bank BankOI Ayudhya Charoong Thai Win 323 324 1 4
      Reuter  -  154 words
    • Article
      Taipei
      245 14 KB It NT I 272 ♦(t -0 04 Koitn 37 40 1 Kuochan Oav Laa Chang Yuan 47 70 49.90 IB 1.4 75 30 4-2 Lion Hwa tndua 49 70 1.4 •1 00 *2 Nan Ya Plaa 96 00 1.5 Chang Hwa Bank 271 00 57 90 7 ♦15
      245 words
    • Article
      Manila
      72 14 Ffi 1« I pesos Mar copper Oriental 8 ***** until Phil Ov«r»oa» 0 046 uncti o 025 Pt»*u B 0 41 -0 03 Ptcop B PLOT 147 -1 San Miguel B 136 uncti Basic PMro**um 0017 unct> ft dMTfOfn Sim* Darby 0 027 *0 001 B»nfluX Con B 90
      72 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      396 14 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 90 AND IN THE MATTER OF OCTAGON WAREHOUSING PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the members of Octagon Warehousing Pte Ltd convened and held at 1 Bonham Street #21-03 UOB Building Singapore 0104 on February
      396 words
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      Page 14 Advertisements Column 2
      274 14 THE COMPANIES ACT. CAP. SO RIC STAR LEATHER GOODS PTE LTD (In Liquidation) At a general meeting of RIC STAR LEATHER GOODS PTE LTD duly convened and held on the sth day of February. 1968 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily
      274 words
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      Page 14 Advertisements Column 3
      15 14 mil CAVnOHjOUOiHE 3 ivtmcz.iui t mm m r£& mm i BANKING FINANCE DAILY. BUSINESS TIMES.
      15 words
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  • WORLD MARKETS
    • Article
      Lock icon Late rally helps Dow close higher
      1020 15 New York Reuter STOCKS CLOSED at their highest levels of the day on the Wall Street on Tuesday after blue chips staged a late rally and led the broad market up. The Dow Jones Industrial Average cHmbed 18.74 points to 1,914.46. Advances finished ahead
      Reuter  -  1,020 words
    • Article
      Lock icon Stocks open higher in quiet trade
      955 15 London Reuter PRICES on the London stock market mainly showed modest gains at the opening yesterday in continuing low turnover, dealers said. They noted an early mark-up on the back of advances on Wall Street and Tokyo failed to prompt material buying interest. Background
      Reuter  -  955 words
    • Article
      Untitled
      1233 15 Selected indices HONGKONG All Industrials 1.9108 1.926 0 Hongkong Index Wednesday Tuesday Wednesday 1,458 67 Week ogo 2.001 5 Tuesday 1,***** Week ogo 1.537 72 NEW YORK Hang Seng Index Dow Jones Wednesday 2,***** Tuesday 1.***** Tuesday 2,***** Monday 1.***** Wee* ogo 2,354 46 Week ogo 1.952 92 TOKYO Standard
      1,233 words
    • Article
      Lock icon Blue Circle's Birmid stake reaches 41 pc
      140 15 Reuter A SPOKESMAN for Baring Brothers and Co. the merchant bank handling Blue Circle Industries PLC's 380p per share cash offer for Birmid Qualcast PLC. said Blue Circle now has 41 per cent of Birmid and the holding is advancing rapidly from that
      Reuter  -  140 words
    • Article, Illustration
      Lock icon Court decision a boost for de Benedetti's bid
      561 15 Societe's attempt to fend off takeover disallowed Reuter ITALIAN TYCOON Carlo de Benedetti's bid for control of Belgium's biggest company received a major boost when a Brussels court disallowed a move by Societe Generate de Belgique aimed at fending him off. And
      Reuter  -  561 words
    • Article
      Lock icon RR imposes 15pc foreign ownership
      133 15 Reuter AERO-ENGINES maker RollsRoyce PLC sold more than £7.5 million worth of foreign-owned shares on Tuesday, bringing big losses to some foreign investors. The sale came as RollsRoyce imposed a 15 per cent foreign ownership limit set by the government when it sold its stake
      Reuter  -  133 words
    • Article
      Lock icon Hyundai, Daewoo rethinking plans
      78 15 Bernama ES SOUTH KOREA'S two leading carmakers, Hyundai Motor Co and Daewoo Motor Co, are reconsidering their plans to expand production facilities due to the uncertain demand for Kore-an-made cars in their major US and Canadian markets. Business sources said Hyundai and Daewoo are apparently having
      Bernama ES  -  78 words
    • Article
      Lock icon Pearson to set up £30m fund
      117 15 Reuter UK PUBLISHING and banking group Pearson PLC says it is setting up a £30million fund to invest in media and communications businesses. Pearson said in London on Tuesday that it had appointed its merchant banking subsidiary, Lazard Brothers and Co Ltd, to manage
      Reuter  -  117 words
    • Article
      Lock icon BAT snubbed
      84 15 Reuter FARMERS GROUP Inc. the subject of a US$6O per share takeover offer from BAT Industries PLC. has repeated that it will not meet the British company to discuss the bid. The statement from Farmers Group chairman Leo Denlea Jr in Los Angeles was contained in a letter
      Reuter  -  84 words
    • Article, Illustration
      Lock icon Lawson expected to make statement on 'golden share'
      273 15 Reuter SPECULATION is mounting that Chancellor of the Exchequer Nigel Lawson will make a statement on the UK government s so-called golden share 1 in British Petroleum Co PLC ahead of tomorrow's deadline for BP'S 500p a share offer for Britoil PLC.
      Reuter  -  273 words
    • Article
      Lock icon Foreign stakes in ITJ up
      232 15 AFP FOREIGN FIRMS are lifting their stake in International Telecom Japan Inc (ITJ), one of two companies competing with former monopoly Kokusai Denshin Denwa on the international telecommunications market in Japan. France Cables et Radio, a subsidiary of the French telecommunications monopoly France Telecom, and
      AFP  -  232 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      417 15 (Incorporated In Malaysia) Ist Floor, Renong Westcourt, 126 Jalan Kelang Lama, ***** Kuala Lumpur NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Company will be hekj at Ist Floor, Renong Westcourt, No. 126, Jalan Kelang Lama, ***** Kuala Lumpur on Monday, 29th February, 1988 at 2.30 p.m.
      417 words
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  • Article, Illustration
    Lock icon No direct elections for Hongkong until 1991
    811 16 Critics assail White Paper and vow to press for reforms AP AFP THE HONGKONG government yesterday announced direct elections to Hongkong's legislature will begin in 1991 for a fraction of its seats, disappointing activists who claimed pressure from China thwarted quicker political reform.
    AP; AFP  -  811 words
  • Article
    Ng Teng Fong gives up Ria Country Club deal
    412 16  -  By LEE HAN SHIH Property Correspondent FOUR MONTHS after he made headlines with the news of his acquisition of the defunct Ria Country Club along Upper East Coast Road for $24.1 million, Mr Ng Teng Fong has decided to give up
    412 words
  • Article, Illustration
    Ex-Emporium chief faces bankruptcy suit
    245 16 LIM TOW SENG, the former chairman and co-founder of retail giant Emporium Holdings, has been served bankruptcy papers. Standard Chartered Bank filed a bankruptcy petition against Lim on June 9, 1987. The petition was advertised in The Straits Times yesterday after the bank's lawyers failed
    245 words
  • Article
    Lock icon Manila immigration proposes bond
    82 16 Reuter PHILIPPINE immigration authorities have proposed levying a US$lO,OOO cash bond on visitors from Australia, China, Japan, India and unnamed Middle East nations in a bid to stop illegal immigrants. A spokeswoman for the Immigration and Deportation Secretary said in Manila yesterday that the proposal required
    Reuter  -  82 words
  • Article
    Lock icon United Nations offers to mediate in Thai-Laotian border conflict
    171 16 Reuter UNITED NATIONS SecretaryGeneral Javier Perez de Cuellar has offered to mediate in a border conflict between Thailand and Laos, according to a Thai Foreign Ministry official. The official said in Bangkok on Wednesday that Thailand had not replied to Mr
    Reuter  -  171 words
  • Article
    Lock icon UK company spending Mssom to re-open Malaysian tin mine
    252 16 Bernama A BRITISH COMPANY has agreed to take over the management of the Sungai Lembing tin mine near Kuantan and will invest Msso million to reopen it. Sungai Lembing State Assemblyman Datuk Wan Abdullah Wan Osman said yesterday that the company,
    Bernama  -  252 words
  • Article
    Lock icon Raid on unregistered commodity traders
    282 16 Bernama ES THE MALAYSIAN Commodity Trading Commission (CTC), with the help of the police, has raided 16 unregistered commodity trading companies suspected to have traded on the Hang Seng Index and other commodities in the Hongkong and Tokyo markets. CTC Commissioner Haji Ismail Haji Ahmad
    Bernama ES  -  282 words
  • Article
    Lock icon Ex-minister asks to be left out of forming of Umno Malaysia Party
    461 16 Agencies A FORMER Malaysian minister who has been named a member of the pro tem committee seeking to set up the Umno Malaysia Party has asked for deletion of his name in the form applying for registration of
    Agencies  -  461 words
  • Article
    Lock icon 'Court ruling will not affect Umno's assets'
    266 16 AFP A COURT ruling that Prime Minister Datuk Seri Dr Mahathir Mohamad's political party is an illegal society will not affect its vast business empire, corporate lawyers in Kuala Lumpur said yesterday. The corporate lawyers said assets directly owned by the United Malays
    AFP  -  266 words
  • Article
    Lock icon HK's underwater tunnel to open early
    128 16 AFP HONGKONG'S second underwater tunnel one of the largest in the world is half-built after 18 months' work and will open four months ahead of schedule in October 1989. the builders said on Tuesday. The US$436 million tunnel, 2km long, will link Quarry Bay
    AFP  -  128 words
  • LATE FILE
    • Article
      Lock icon Ministers pledge backing for Dr M
      52 16 Bernama MALAYSIAN Cabinet ministers yesterday pledged full support and undivided loyalty to Prime Minister Datuk Sen Dr Mahathir Mohamad and his deputy, Ghafar Baba. Information Minister Datuk Mohamed Rahmat said in a statement that the pledge was taken after a Cabinet meeting in Kuala
      Bernama  -  52 words
    • Article
      Lock icon Tokyo plans economic mission
      51 16 AFP JAPAN PLANS to send a joint government-private economic mission to the Soviet Union in response to a strong request from Moscow. According to government sources, it would be the first time in 23 years that government officials joined an economic mission to the Soviet Union.
      AFP  -  51 words
    • Article
      Lock icon Seoul parties to focus on reunion
      37 16 AP SOUTH KOREA'S two main Opposition parties said yesterday they would shelve talks with the government on clearing the way for legislative elections and concentrate on reuniting their divided ranks. AP
      AP  -  37 words
    • Article
      Lock icon 'Gang of Four' prisoner released
      56 16 AFP CHEN BODA, one of the foremost leaders of China s turbulent Cultural Revolution, has been released from prison for health reasons. An official yesterday said Chen, 84. a former private secretary to Mao Zedong, was sentenced in 1981 at the trial of the "Gang
      AFP  -  56 words
    • Article
      Lock icon Manila seeking more funds
      44 16 Oana Bernama THE PHILIPPINES is seeking US$7OO million, an increase of US$25O million from its original bid, from the AseanJapan Development Fund which will be used to finance private sector projects, according to Trade Industry Undersecretary Tomas Alacantra. Oana Bernama
      Oana Bernama  -  44 words
    • Article
      Lock icon Filipino maids ban from Monday
      51 16 Reuter THE PHILIPPINES will enforce a ban on overseas employment of female domestics from next Monday. A spokesman for the Philippine Overseas Employment Administration said Manila's embassies would stop authenticating work contracts for maids and processing of applications filed in Manila would end on March
      Reuter  -  51 words
    • Article
      Lock icon Indian star forms new party
      50 16 AFP A LEADING Indian Tamil movie star wt>o quit Prime Minister Rajiv Gandhi's Congress (I) Party last month formed a new political party yesterday. Sivaji Ganesan was quoted aa saying in Madras that he was launching the "Tamizhaga Munnetra Munnani" (Tamil Nadu Progressive Front). AFP
      AFP  -  50 words
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      Page 16 Advertisements Column 1
      48 16 Othello co>kxl ton Only 3,5 mm slim y iJ* '<• 'c. HvV RAYMOND WEIL GENEVE Ik* >tfi< uil W.iti it'll tlu I'ks'i \fiw I m:, n* \u;, .mt TflfW tjUnAll A\ 6 ScoMs Rood. #01-16 Scofls. MbM fWltCCrimrJULy Singapore 0922. Tel 7373-708 SOLE AGENT. CRYSTAL TIME (S) PTE LTD
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      Page 16 Advertisements Column 2
      98 16 Sm this pagt It takes 1 step to put it oa But over3oosteps to make it Rodenstock is the international name for professional eye care. Our de luxe eyewear products come in the latest fashion designs and are impeccably crafted from precious metal components. As they are also manufactured to
      98 words
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  • SHIPPING TIMES
    • Article
      Lock icon Conferences to raise congestion surcharge
      100 17 Reuter THE HONGKONG/GULF of Aden and Red Sea Ports Conference said the congestion surcharge would be raised to 10 per cent from 5 per cent, effective Feb 24, as a result of a deterioration in berthing conditions in Port Sudan. The Hongkong/Europe Freight Conference would
      Reuter  -  100 words
    • Article
      Japan Line to withdraw from US east coast service
      382 17 JAPAN LINE, one of the six major Japanese liner operators, has decided to withdraw temporarily from the Far East/Ja-pan-North American East Coast service in mid-April. The company, which is losing some one billion yen a year on that route, will cancel
      382 words
    • Article
      Australia facing strong competition in live sheep trade
      268 17  -  From KINGSLEY WOOD BOTH China and Brazil are emerging as strong competitors to Australia's domination of the live sheep trade, according to the Australian Meat and Livestock Corporation. AMLC said reports from Inner Mongolia indicate the region will triple its annual exports
      268 words
    • PORTSIDES
      • Article
        Lock icon Sealink crew voted to resume work
        117 17 Reuter STRIKING Sealink UK Ltd ferry crew at Harwich voted overwhelmingly to return to work, the National Union of Seamen said. Earlier, a UK High Court hearing on Sealink's attempt to seize the funds of the National Union of Seamen for alleged contempt of
        Reuter  -  117 words
      • Article
        Lock icon Rotterdam pilot service suspended
        98 17 Reuter ROTTERDAM PORT'S pilot service for small ships was suspended on Tuesday morning, and the suspension was expected to be extended to all vessels, a spokesman for the Rotterdam's Harbour Master office said. The Dutch Meteorological Office forecast south westerly winds rising to gale force 10
        Reuter  -  98 words
      • Article
        Lock icon Port strike enters third day
        90 17 Reuter A STRIKE by port workers demanding a 32 per cent wage increase entered its third day, keeping Argentine ports virtually paralysed, union sources said. They said the 72-hour strike would continue if the government did not meet the workers' pay demands. It is the
        Reuter  -  90 words
      • Article
        Lock icon Allied Van, NFC complete merger
        84 17 Reuter ALLIED VAN Lines and NFC, a London-based freight transport company, said they have completed a US$lOO million merger agreement forming the world's largest centrally-owned global moving network. The transaction involves a transfer of stocks, the companies said. Neither is traded publicly at present, they
        Reuter  -  84 words
    • Article, Illustration
      Work resumes at Laem Chabang after one-month delay
      351 18 CONSTRUCTION of the 2,029-million-baht Laem Chabang deep-sea port has resumed after a onemonth delay caused by the inability to obtain limestone rocks. Speaking on behalf of contractor the IDDD consortium, Dr Chaijudh Karnasuta said the delay was caused by an unexpected circumstance.
      351 words
    • Article
      Kembla may become major cattle gateway for exports to FE
      202 18  -  From Kingsley Wood PORT KEMBLA could become a major cattle gateway for exports to Far East destinations as part of a drive by NSW rural producers and Maritime Services Board officers to develop new trades based on state ports. Transport
      202 words
    • Article
      INDEX TO ADVERTISERS
      774 18 AB Shpg V s 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 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI IN
      774 words
    • Article, Illustration
      Lock icon Fearnleys more optimistic of dry bulk prospects
      794 18 Fairplay NORWEGIAN shipbrokers Fearnleys released its 1987 review just when the Baltic Freight Index pushed through the 1,400 point barrier to reach a new peak. The latter would suggest that the shipping industry, at least in the dry cargo sector, is in as
      Fairplay  -  794 words
    • Article, Illustration
      Lock icon US Reform Act: Bimco warns of tax liability
      465 19 Lloyd's List THE COPENHAGEN-BASED Baltic and International Maritime Council has warned its members of the possible impact of the controversial 1986 US Reform Act. Along with other shipping organisations, Bimco has consistently made clear its opposition to the act but failed to
      Lloyd's List  -  465 words
    • Article
      Wallenius Lines will reflag two pure car carriers under US register
      209 19 LEADING SWEDISH car carrier Wallenius Lines is to reflag two of its pure car carriers under the US register. The controversial announcement from the company headquarters in Stockholm is seen as a bid to pre-empt protectionist US legislation this
      209 words
    • Article
      Lock icon Ice forming at Leningrad, Gulf of Finland
      157 19 Reuter THERE WAS FAST ice at and off Leningrad and in the Gulf of Finland with consolidated ice outside it, the Finnish Institute of Marine Research said in its review. But the Soviet Baltic ice ports of Ventspils and Klaipeda were still ice-free.
      Reuter  -  157 words
    • Article
      Lock icon Nedlloyd to sell air cargo firm
      62 19 Reuter NEDLLOYD Group said its air cargo brokerage firm Chartair will be hived off in a management buyout as part of a reorganisation of Nedlloyd's air cargo activities. Nedlloyd said the move was not related to its conflict with some Norwegian shareholders who want
      Reuter  -  62 words
    • Article
      PORT CONDITIONS
      243 19 ALL SURVEYS were conducted on Jan 19 Argentina Buenos Aires 10 vessels operating; Bahia Blanca Waiting time of up to four days. Australia All ports Normal operation. Bangladesh Mongla 15 vessels operating; Chittagong 25 vessels operating. Brazil Santos 50 vessels operating. Cameroon Douala Waiting time of up to
      243 words
    • Article
      Lock icon Call to set up Swedish register to maintain fleet
      187 19 Seatrade Week THE SWEDISH Shipowners' Association has called for a Swedish International Shipping Register to be established to maintain a reasonablysized Swedish merchant fleet. The shipping register would run in tandem with the association's other proposals for measures to increase the
      Seatrade Week  -  187 words
    • Article
      SHIPPING LIST where your ships are due... and when
      8412 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      8,412 words
    • Article
      BUNKER QUALITY MARKET REPORT
      109 24 Area/Port Viscosity Density Water CSTatSOC G/ML at 15C Volume 0/0 Africa/Red Sea i Jeddoh 111/180 0.948/0.979 0.1/0.8 Durban 149/164 0.988/0.993 0.1/0.2 Arabian Gulf Ras Tanora 152/229 0.946/0.968 0.1/0.3 Bahrain 109/188 0.966/0.976 0.1/0.2 Europe Rotterdam 29/502 0.959/1.002 0.0/1.4 Hamburg 32/394 0.940/0.990 0.0/0.4 Le Havre 29/367 0.937/0.989 0.0/0.1
      109 words
    • Article
      LONDON FREIGHTS
      1629 25 TIME-CHARTERS continued to produce most of the reported business on a firm dry cargo charter market on the London shipping freights market on Tuesday. Period engagements reflected this firmness which was expected to persist throughout the year In the Far East, Lauritzen booked the 29,400 dwt Trudy for
      1,629 words
    • Article
      SHIPS IN PORT
      1490 25 AT CONVENTIONAL WHARVES Vessel Berth Arrival Departure KEPPEL WHARVES Bonglor Urmi Ko»Q Eipr*SS Ko»o S«|0*f Koto Woruno Q.nghoch«ng Qmoston tonghushon Sndbod Sfroits Pr«d» Tg Poork USS B'u« oge Wohong Yucoi Son FontO'O# AfO»tO« CS Ocoon Eos*«rn Glory Kris M*rub« Southern Arrow T»on*Hu. Trom Boy Trom Fiord Trinto
      1,490 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      821 17 TIMES STP Distributors Tin—t PlAMmy Croup OOCL ORIENT Oveiqeas Cmtcum\ Line jjgnh JARDINE SWPPINC AGENCIES (Re* No 2421(4/ 00K) 200 Cantonment Road #12 05 Souflipowt. Sing*port 0208 Mil#/ TH *****11 TELEX NO RS ***** mrrrrim terminal/or th *****11 220 r J BOOKINGS TH *****34 235 L i J PESAKA JARDINE
      821 words
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      Page 17 Advertisements Column 2
      69 17 mas NORWEGIAN shipbrokers Fearnleys released its 1987 review just when the Baltic Freight Index pushed through the 1,400 point barrier to reach a new peak. Page II THE COPENHAGEN-BASED Baltic and International Maritime Council has warned its members of the possible impact of the controversial 1986 US Reform Act. Index
      69 words
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      Page 17 Advertisements Column 3
      599 17 ao° V hM«htv( hi/ SUES STP Distributors SIN gap° rE ;TK t lA' V il*<A .r~^ MAERSK LINE FAST TRANSIT TO CHARLESTON X 9 DAYS FROM SINGAPORE 34 DAYS FROM PORT KELANG 33 DAYS FROM PENANG Very Ipora Ths week Ar*J M Closing Time CY 17/2 2300 MRS CFS 17/2
      599 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      538 18 u Hapag-Lloyd CONTAINER SERVICE FROM UK/CONTINENT KOWLOON BAY THAMES MARU FRANFURT EXPRESS BENAVON OSAKA BAY KITANO MARU LARGS BAY HONGKONG EXPRESS #CALLING Ko6£ •CALLING KOBE 10/3. TOKYO 7/3 CONV/SEMI-CONTAINER SERVICE TO MED EUROPE BREMERHAVEN f^3 K. Lumpur *****25 P. Kefcug *****18 CFS *****50 Penang *****7, *****2 COMPAGNIE MARITIME D AFFRETEMENT
      538 words
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      Page 18 Advertisements Column 2
      17 18 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association
      17 words
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      Page 18 Advertisements Column 3
      315 18 CHARGEURS REUNIS EARBULK LTD. CONTAINER SERVICE TO AUSTRALIA SPORE PORTLAND HAREFIELD lg/03 09/04 NANOU A. 04/04 2404 KH-GA 21/04 13/05 Alto accepting breakbulk ego subj to inducement. MELBOURNE P.KEMBLA 13/04 17/04 29/04 04/05 20-05 25-05 AGENTS SINGAPORE ANCIO-FRENCN SHIPWNC Tel 222*111 Telei RS2I&SC Fai 2755*51 MALAYSIA El* a ISC AGENCIES
      315 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      980 19 The Straits Steamship Group m Mansfield Container Shipping Re Ltd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok F&O Containers CONTMNERSHP SERVICE TO UK/COMTMENT: TOUO EXPHtSS MNR.OM MY BCNAYON OUU MT KITANO HMD LAMS MT mow kmc anas CARMAN MT Abo Accepting Cargo For: NMteri to Ciiinlm". Gottwnburj
      980 words
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      Page 19 Advertisements Column 2
      594 19 EUROPE LJLL san i7ji iui tui i&ji a«< iui 2UI All «JI KM 14Jt lUI lIJI lUI sn mm nm «n hu USA/PANAMA ira •7J) MJ3 I7JI OJJ lUI lUI 14JJ IIJ4 MJ4 lIJ4 KJ4 17.14 IU4 lU4 14J4 SaUTM UTM I —I It i:bi vm m■. JO' TO USA/CANADA
      594 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      355 20 mSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading for IRAN SHOJAAT 17/2 BANDAR ABBAS (2nd call) KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: URANIA 4 27/2 JAYA, LAE, HRA, TLG, LTK, MALAU MICRONESIA SERVICE SPORE PK LOAD FOR A VESSEL 25/2 27/2 SAIPAN,
      355 words
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      Page 20 Advertisements Column 2
      508 20 Ipi: *lu»f JCSline MM* cs»M**riom FULLY CONTAINERISED SERVICE 10 f UROPE VIA SUf I 1 Mfmtxr ol the Ace Consorlum HillY CPNIAINIRISED 10 (ROM NORTH AMfRICA MS! COASI CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S'PORE LOADING FOR WONSBON 21/2 DUBAI. DAMMAM GEN AGENTS: CROWN MARINE CO (PTE) LTD TEL:
      508 words
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      Page 20 Advertisements Column 3
      335 20 f/A FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO CHITTOGONC: SAILING 14/2 22/2 EURO-AFRICA LINE FOR: PORTO, LISBON. ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS. VALLETTA, IRUN, CEUTA, ALGIER A ISTANBUL U.S.A. 1/4 CHICAGO. BOSTON. JAV. PHIL. SAV. ?5'3 MIAMI ALL INLAND OESTNS. PAPUA NEW GUINEA
      335 words
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      Page 20 Advertisements Column 4
      1383 20 r~ EVERGREEN Full Cp-timr S-"., Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GENIUS/EVE* &EAMY 14/2 EVE* GREET 21/2 EVER CLOSE 3/3 7/ EVER GENTLE M IV EVER GENTRY 17/3 2* EVER CUIOE 25/3 2* EVER COL DC N 31/3 4/ EVER GUARD JM 11/ an vn an an an an vn un
      1,383 words
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      Page 21 Advertisements Column 1
      791 21 "Si PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 1 FAR EAST CONTAINER SERVICE KOTA UOU KOTA SMQA mjAfAWT POO HKQ KAO KTC YOU NOO KOO 25/2 25ft 2/1 V) M M 11# 1*" 07»a aa io/s im omm omit <mmt nn omr omr nn
      791 words
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      Page 21 Advertisements Column 2
      475 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT VHA VCR IOA« m in on mb mb w IpoMr |UH MN M W 7(1 7(1 EXPRESS CONTAINER SERVICE FROM UK/CONTINENT T S«M MB mi I*2 I*2 IMh»UR 1W t aa 2*2 lUtnmOP mb imn m on nwwu i vnnw TO/FROM PENANG
      475 words
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      Page 21 Advertisements Column 3
      487 21 >r V m.mm Said, Pwt Mnandrlt. Qwb>, Trlnto. AOO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S TO UK FORTS. NULL. LE HAVRE. OSLO. COPENHAGEN. AARHUS, GOTHENBURG T*T ft DJAKARTA LLOYD INDONESIAN NATIONAL L INF PRE LUNAR NEW YEAR LOADER SPECIALLY ARRANGED FOR YOUR SHIPMENT SPORE ANTWERP ROM* ADAM U-IV2 I*3
      487 words
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      Page 21 Advertisements Column 4
      322 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR Spore ntoneyna vz22w ma fa PAGAN Via IVIS FA PA-AM VUI« 2.73 FA AVA MM 2V» FA PAGAN VI29N V P.KoUng Ptnanf Bangkok IVMFA HPS FA Z BANK UNE CLYDEBANK V22N FORTH BANK VAN TAMAITAI SAMOA VI2N IVY BANK VZIN SPORE ROAM HUU. HMBC
      322 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      974 22 NYC HFX 19 Mar 23 Mar 26 Mar 30 Mar 2 Apr 6 Apr ATLAnTIC COAST (Round-The-World Service) •PK/PNG STORE LB CHLS NFK NYC HFX ORIENTAL FAIR V 7 Sid 11 Feb 5 Mar 15 Mar 17 Mar 19 Mar 23 Mar RAINBOW BRIDGE Vll 13 Feb IS Feb 12
      974 words
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      Page 22 Advertisements Column 2
      335 22 hU*li Aceepbng LCL and South Africa VAAI 4734F ANJOU 013 NEDLLOYD COLOMBO HAYAKAWA MARU «3tC VAAL ***** ANJOU 016 contafewrfMd ctfQOft Dlftd lo P.Eliz C.Town Durban 12/2 14/2 17/2 292 27/2 1/3 6/3 1/3 17/3 JAR DINE SNIPPING AGENCIES (REG. 242K4 OOK) 200 CANTONMENT ROAO #12-05 SOUTHPOINT, SINGAPORE OJOB M:
      335 words
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      Page 22 Advertisements Column 3
      770 22 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contains. an srs. l SO A PRADESH V HH THEOOOR FONTANE V 15N S O NAGALAND VHH INDIAN COURIER V 2M THEOOOR FONTANE VIM S.O TRIPURA V m INDIAN COURIER V.3BN THEOOOR FONTANE V I7N RAVIDAS V JM WJ F« Fak U f »F«a
      770 words
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      Page 22 Advertisements Column 4
      627 22 GOLDEN LINE OMN GUAN SHrraie (PTE) LTD 8, T«Wi Ant Street SNGAPOftC UM TU SOM (II LINES) Fat 9USM STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN Cotomto/Karacto/Dubft GOLDEN LAND Colombo, KaractM/Dutei CHINA SERVICE A VESSEL Shanfta/Hsinkanf Sport P Ketone Pentnc an* ft 12/14 Mar r ANSMUNJIANC A VESSEL All LOO HE CW
      627 words
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      Page 22 Advertisements Column 5
      374 22 V .M PHIU-ORKNT UN€S PT€ LTD |>L J h£AC Off CC 63 ROB'NSON ROAD »D? 1 2 FRO AS A BUIIOING S SGArOPf DICETUF» RS W23 FH'L> f£* *****7% lIJ'.W.J 1 l. J 'il.-l 11-l !=.ii.r rr* rrrt H KONG KOBE KEEUJNG. MANU. BANGKOK. TOKYO. COLOMBO. KARACHI. MM 'i'-.i':. m
      374 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      732 23 NOL NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD. Ft EU/AUST TPA/SEA Ttnmiul CFS BOOKINGS 27*5753 *****42 *****22 *****53 Z7MII 27*11* 27*111 27*141 NEPLINE SON. BHD. 3HM7 INWAPD/OUTWAPD NEPLINE SON BHD. 2(1*23 t*QOl«lts Z7S7M4 NEPLINE SON. BHD. U»3S/6276«/6J76»1/62?«t2 NEPLINE SON BHD 2M040/***** TO EUROPE/UK (VIA SUEZ): s>,, r«T K CHANCE
      732 words
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      Page 23 Advertisements Column 2
      475 23 OONAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON Name ETD BS BKK S PORE PKELANC No I Donam/lOIN 21/01 OMC 13 IVQ2 IS-IMJ2 #No Donam/MIN OMB 14/02 17-19/HB 22 24/02 *ciorii/n2N mm nm umm »-x/w No 7 Donam/M2N 17/02 29/2-1/3 02-03/03 No 9
      475 words
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      Page 23 Advertisements Column 3
      828 23 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. KLAUS rl NAH6 HANDLING SYSTEM CO SON tMD MESSRS HAI TNOMG SM Iff INC 127 PananrStraat,
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      328 24 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 <30 Laws) FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VE.EJ DEUTF BACHT/SE EREEDERE I ROSTOCK INTEGRATED FULL CONTAINER SERVICE •VIA COLOMBO: fecafXmf carp (or INDIA Bombay. Cochin, Madras I Calcutta -VIA LARNACA: Accepting cargo tar
      328 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      132 24 StQMFICANT WEATHER AND SEA CONDITIONS AT 7JO AM. THIS MORMNQ. R Thun«*r*torm c A J l|t w Mtt* Wnd drtctnn ip«td *l knot* Cloudy Sky -4 i 11 -4 Mtnwcw Orw npCf'N ■wc* ny wn* On. »u» crct* r«pr«*ont* calm or fcgW and variable «*»d» On* ha* ftoche raprmant* 5
      132 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      401 25 <CFS> CRYSTAL FREIGHT SERVICES PTE LTD Tsl: *****88 (8 Lines) REGULAR CONSOL PORTS: eto USA (LA, HOU, NY, 17/2 INLAND POINTS) EUROPE (HAM, ROTT, FLX, LDN) 24/2 NZ (AUCK, WELL, LTON, 14/2 DUN) AUST (SYD, MELB, FREM) 13/2 FAR EAST PORTS WEEKLY Aft UNI-OCEAN LINES PTE. LTD. 60 Cecil St
      401 words
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      Page 25 Advertisements Column 2
      579 25 UNIPACIFIC TRANS TRADING AGECY PTE. LTD. SU IRAQI LINE tMQt Sf fO« MAMITIMf TM«SK)«t EAST BOUND SERVICE rißiKi nA SM#f LOADING FOR ALFARABI 15/2 MV SINDBAD 20/2 Jjpln WEST BOUND SERVICE ETA S'PORE LOADING FOR MV ALFARABI 15/3 jJZh AiLta THROUGH B/Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      356 26 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** ft. I \S I K\ \K I INI K. Ill) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS 'Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT
      356 words
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      Page 26 Advertisements Column 2
      496 26 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANAQAOEXI AND FRENCH WEST INDIES For Gulf: Miami, Motile, Vera Cnu. Mexico City Alto serving Halifax. Montreal. Toronto. New York. Baltimore. Portsmouth Norfolk. Savannah/FRENCH W Indies Port De France. Po«ntre A. Pitre Defrad 0. Cannes. COLUMBUS LINE REEDEREI GMBH (A
      496 words
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      Page 26 Advertisements Column 3
      338 26 LCL WEEKLY SERVICE TO: KEEiUMG 15/2 HAM/BR EM 18/2 BANGKOK 16/2 ROTTERDAM 11/2 HONGKONG 18/2 TILBURY 18/2 FREMANTLE 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 21/1 11/2 28/1 18/2 LCL SERVICE TO CARRIBEAN PORTS ST.
      338 words
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      Page 26 Advertisements Column 4
      666 26 /M SM CALL US ATT Z p keung t? 1 PENANG > J. BAHRU Wmvi P. GUDANG SINGAPORE M K. LUMPUR *****53/*****11 •04-*****2/4, *****3 •07-*****8 07-*****3, *****5, *****0, *****1 •02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE rrrrr B MJTANC 417 I OUTANC 41J TOYAOA B. PERBUI OTHER DESTINATIONS: AARHUS. AMSTERDAM.
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