The Business Times, 15 February 1988

Microfilm: NL16090
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 MONDAY, FEBRUARY 15, 1988 75 CENTS
    11 words
  • Article
    Matsushita to shift more production to Singapore
    632 1  -  Company spending $31 m on new facilities By CHUANG PECK MING MATSUSHITA ELECTRONICS (S) Pto Ltd, which invested $31 million in Singapore last year, is investing another $31 million this year as its parent company shifts more production from Japan because of the
    632 words
  • Article, Illustration
    Lock icon Mammoth show of support for Mahathir in Kuala Lumpur
    453 1 AP MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday received support from some 600 Members of Parliament, senators, state legislative assemblymen and the King in a dispute over party leadership. At an informal gathering in Kuala Lumpur, Members of Parliament,
    AP  -  453 words
  • Article
    Lock icon Barisan Nasional expected to meet this week
    153 1 Bernama MALAYSIA'S Barisan Nasional Supreme Council it expected to meet this week. The agenda is expected to include a pledge of full support for PriTne Minister Datuk Seri Dr Mahathir Mohamad, according to sources in Kuala Lumpur. Deputy Prime Minister Ghafar Baba, when
    Bernama  -  153 words
  • Article
    Lock icon US dollar movements likely to be determined by interest rates
    364 1 Agencies THE MOVEMENTS of the US dollar this week are likely to be determined by the course of interest rates. In New York, the greenback rallied strongly against key foreign currencies on Friday's news that the US's monthly trade deficit
    Agencies  -  364 words
  • Article
    Lock icon US deficit with 4 'tigers' widens
    105 1 AFP THE US trade deficit with the four newly-industrialising "tigers" of Asia Taiwan, South Korea, Hongkong and Singapore hit U5537.7 billion for 1987. Figures released in Washington last Friday surpass the 1986 US$3O.2-billion deficit with the four countries, creating the sec-ond-largest trade deficit bloc,
    AFP  -  105 words
  • Article
    Singapore unit of Chloride Group PLC gets OHQ status
    357 1  -  By LILY FERNANDEZ THE SINGAPORE subsidiary of British battery maker Chloride Group PLC has been awarded Operational Headquarters status, bringing to 10 the number of companies which enjoy this privilege. The Economic Development Board said yesterday that Chloride Eastern Industries Limited
    357 words
  • Article
    Lock icon Thailand, loses another plane to Laotian gunners
    184 1 UPI LAOS HAS SHOT down one of eight Thai planes bombing and strsfing a disputed border area the second Thai plane downed in 11 weeks of fighting that has killed hundreds of men on both sides, said Laotion and Thai sourcee yesterday. "Yesterday
    UPI  -  184 words
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      Page 1 Advertisements Column 1
      282 1 11 Need a housing loan? \YFOO\G 737-7977 Wkyfoong Mortgage And Finance (S) Ltd A wholly-owned subsidiary of Hongkongßank 6 Claymore Hill #03-01. Claymore Plaza. Singapore 0M22 MANAGEMENT WHEN PROCTER GAMBLE decided to build a manufacturing plant five years ago, the plans included electronic monitoring equipment that was meant to allow
      282 words
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      Page 1 Advertisements Column 2
      245 1 MARKET REVIEWS MONEY ft EXCHANGES COMMODITIES AIRCRAFT SCHEDULE CROSSWORDS TV RADIO BRMTOW DOONESBURY JAPAN'S January trade surplus is likely to plunge to nearly half the US$4.3 billion level registered last year. ASIA-PACIFIC, Page 4 DEMOCRATIC presidential contender Richard Gephardt has sent alarm bells ringing among free traders who fear his
      245 words
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      Page 1 Advertisements Column 3
      50 1 A-ONE BOUTIQUE FTC LTD LHWOCOUT mturt in MMH VALLCV MOAO lmtomi s<NGA*cwf <*u tb£* MSMBACCQi TtTxmßD Because of Ikuko's enthusiasm, no other aiiiine can offer you this: THE JAL PLEDGE Tune in to the lAL letstream Show Mondays 8.30 am SBC Radio 1 JAPAN AIR LINKS ki a guaranteed pleasure.
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  • MANAGEMENT
    • Article, Illustration
      Lock icon New technologies clash with old habits
      1349 2  -  By DANIEL GOLEMAN NYT WHEN PROCTER GAMBLE decided five years ago to build a manufacturing plant, the plans included electronic monitoring equipment that executives at the company's headquarters, 500 miles away, would have been able to use to check the plant's exact output at
      NYT  -  1,349 words
    • Article
      Investments that pay handsomely
      588 2  -  By BOEY KIT YIN A SINGAPORE COMPANY has spread its records to show how its investments in time and money to study and use various government financial and technical schemes have paid off. Since it waa set up. Esco Scientific has made full use of government
      588 words
    • Article, Illustration
      Lock icon Your secretary and you
      1061 2  -  MICHAEL SKAPINKER on what managers and secretaries expect from each other MICHAEL SKAPINKER FT "SHE'S a nanny, mentor, bully, chief executive officer." The words did not come from one of Margaret Thatcher's awestruck ministers. They came from a manager in a large international organisation. He was
      FT  -  1,061 words
    • Article, Illustration
      Lock icon Real bankers don't manage
      622 3  -  By CHRISTOPHER LORENZ FT ARE THE LEADING investment banks on Wall Street any better at managing themselves than their counterparts (and offshoots) in London? And will they necessarily be more successful at confronting Japanese competition? Not if a remarkably frank bevy of senior Wall Street bankers
      FT  -  622 words
    • Article, Illustration
      A down-to-earth man's rise to the top A down-to-earth man's rise to the top
      1606 3  -  ALVIN TAY Pragmatic and conservative cautious even are some of the adjectives used to described Ang Hong Choon, president of the Asia Commercial Bank who retired in January this year. Banking Correspondent ALVIN TAY interviews the
      1,606 words
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      Page 2 Advertisements Column 1
      162 2 FITNESS CENTRE An investment in good health Occupying an area of almost 3,000 sq m (32,000 sq ft), Fiscal Fitness Centre houses a full-size gymnasium, 2 outdoor jacuzzis, swimming pool, tennis court, steam baths, separate male and female changing rooms and six massage rooms. The gymnasium is equipped with the
      162 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      323 3 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 $20,000
      323 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Japan's trade surplus expected to plunge
      547 4 Imports accelerating owing to stronger yen Reuter JAPAN'S trade surplus in January, to be announced today, is likely to plunge to nearly half the US$4.3 billion level registered last year, economists predicted last Friday. "That would mark the ninth straight month of declines and
      Reuter  -  547 words
    • Article
      Lock icon High earners widen income gap in China
      460 4 AFP CHINA'S private entrepreneurs now boast an average annual salary that is twice that of government employee*, a sign of the widening gap in personal incomes, the official China Daily said Saturday. These high earners have led others into thi ruph for "excessive
      AFP  -  460 words
    • Article
      Lock icon China to build non-polluting power plant
      197 4 AFP CHINA has signed a contract with three foreign companies to produce the country's first nonpolluting power plant, the New China News Agency (NCNA) reported last Saturday. The plant, which will consume high-sulphur coal and treat exhaust gas "to meet the requirements of environmental
      AFP  -  197 words
    • Article
      Lock icon Taiwan may allow visits
      71 4 AP TAIWAN may allow mainland Chinese studying overseas to visit the island, reversing a four-decade-old policy. The Central Daily News, in a dispatch from Los Angeles, quoted Cheng Shin-hsiung, head of the ruling party's Overseas Department, as saying the government was "seriously considering" allowing the visits.
      AP  -  71 words
    • Article
      Lock icon Call to free won's forex rates from political pressures
      473 4 AFP SOUTH KOREA'S top economic think tank has urged the government to eliminate short-term policy considerations in setting foreign exchange rates. An official of the state-run Korea Development Institute (KDI) said in Seoul on Saturday that the institute had called on
      AFP  -  473 words
    • Article
      Lock icon Seoul cuts import tariffs on 400 items
      240 4 AFP SOUTH KOREA will drastically reduce tariffs on more than 400 import items including cars, computers and semi-finished products, Finance Ministry officials were quoted as saying last Saturday. By implementing the tarHfreductions, South cept most of the United Statee' demands concerning 700 commodities
      AFP  -  240 words
    • Article
      Lock icon 'Emergency rule not the cure for Manila'
      165 4 Reuter A MILITARY CALL for a limited state of emergency in the Philippines could bring back the oppressive martial law rule that led to the ousting of Ferdinand Marcos, two leading senators warned on Saturday. x "I would hate to see the day
      Reuter  -  165 words
    • Article
      Lock icon Taipei seeking imports from new sources
      242 4 AFP A GOVERNMENT-APPROVED Trade Council in Taiwan is to encourage imports of raw materials from new sources, including China and the Soviet Union. Taiwan currently imports raw materials from a small number of suppliers, leaving manufacturers exposed to fluctuations in prices, said an official
      AFP  -  242 words
    • Article
      Lock icon Detainees dream of joining families
      557 4 AFP FORMER SOUTH VIETNAMESE collaborators freed after 13 years of re-education in Nam Ha, Vietnam, told visiting journalists of their one big wish to join their families overseas. Some 161 detainees at a camp at Nam Ha, 90 Kilometres south-east of Hanoi, were told last
      AFP  -  557 words
    • Article
      Lock icon Phnom Penh-Hanoi trade protocol
      108 4 AFP A PROTOCOL on goods exchanges between Vietnam and Cambodia in 1988 was signed last Thursday in Hanoi, the Cambodian news agency SPK said last Saturday. It said in a dispatch monitored in Bangkok that the value of exchanges would increase by about 20 per cent
      AFP  -  108 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      869 4 ►l/ f ARRIVALS Operator Svrvic* Local From V Vt #umb«f timo s GiA GA960 1100 CGK SM SOI OS 1105 MA KIM y 11 1120 AMS/MCT .1.141. IJ55S? SO' 91* •"'•H5J. 1 ON i sujT, S023I 1155 MS MAS MH682 1230 KCH GU GA940 1235 MCS MAS
      869 words
    • Article
      Lock icon Manila seeks debt relief to attain growth target
      220 4 AFP THE PHILIPPINES will only attain its 6.5 per cent growth target this year with the help of its creditors and may suffer a recession if it fails, according to Economic Planning Secretary Solita Monsod. The US$2.2-billion net resource transfer to creditors
      AFP  -  220 words
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      Page 4 Advertisements Column 1
      32 4 We leave the business to you. Leave the sleep to us. You re mvrtffd to come and le on our mtmtmd% for up 10 10 hours w\ our private room® and expanence
      32 words
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      Page 4 Advertisements Column 2
      62 4 F I V ll If 'IV 1 Th &s,n ss person's chotce. every I I I II I Tuesday, Thursday. Saturday and I 1 f|\l II II I Sunday. Leaving Changi Airport at A \~SJI 1 A 22:05 hours and arriving at Lester B. Pearson International Airport the following day.
      62 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      81 4 WMffl y/S'Z Mm/ Note 22/1 2 Showers 29/15 Cloudy -08-17 Cloudy 05/00 Clear 31/25 Cloudy 08/02 Rain 04-02 Cloudy 07/01 Gear unav 02/00 Snow unav 18/15 Fair unav 10/06 Cloudy 10/06 Cloudy 33/25 Cloudy 13/06 Rain 23/18 Cloudy 00/-3 Cloudy 33/24 Showers 19/17 Clear 18/05 Cloudy 22/14 Clear Moscow Nassau
      81 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      45 4 Doonesbury BY GARRY TRUDEAU uell. yes, i Guess ihavb. TVS PROBABLY BECAUSE I'M ABOUT TOBE4O. SOMETIMES 6ROUJN-UPS6ST FONUY ABOUT THEIR BIRTHDAYS. PAPPY, YOU CAN'T BE 40! SOMEBOWS PLAYING A TRICK ON YOU' ROBIN HOOP ISNT 40? EVEN PINOSAURS AREN'T AUOMEPTO BE4O' 40/STOO OU?i ki A4**c&A<u
      45 words
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      131 5 °7 fej;. v, v »t t aV n v iV'V. w> w \Wy»s 2§:\ v' $%vt i&v vlh' V\ .ca «y\ A RTE <k «r eC.- i'» J ./V k aj u. b C t »*i aw ">_/ > J* V fe£ S.V-.- .-M7l- r .ESsfISS sc?> 4S <r» v
      131 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Gephardt playing up trade issues
      460 6 Protectionist stand worries free traders Reuter DEMOCRATIC presidential contender Richard Gephardt has sent alarm bells ringing among free traders who fear his protectionist policies could start an international trade war. But critics say an upsurge in US exports revealed in new trade statistics may take
      Reuter  -  460 words
    • Article
      Lock icon Many Americans favour Japanese goods
      236 6 AFP IN SPITE OF recent "Buy American" campaigns, a new opinion survey indicates that many US citizens have more faith in the quality of Japanese goods than that of US-made goods. The poll, sponsored by Newsweek magazine, showed that of 613 adults asked, 40 per
      AFP  -  236 words
    • Article
      Lock icon Reagan's budget designed to avoid confrontation
      410 6 AP PRESIDENT RONALD REAGAN will make one last try this week at re-arranging the national agenda as he sends the US Congress a US$l.l -trillion budget for 1989. But it will be just a ghost of budgets past. With neither side spoiling for an
      AP  -  410 words
    • Article
      Lock icon Britain's inflation rate in January hit 15-month low
      239 6 Reuter BRITAIN'S annual inflation rate dropped to its lowest for 15 months in January, according to better-than-expected figures published during the weekend. The Department of Employment in London said the Retail Price Index remained unchanged in January, giving an annual rise in
      Reuter  -  239 words
    • Article
      Lock icon Soviet Union springs a surprise at arms talks
      189 6 Reuter THE SOVIET UNION, in an apparent hardening of its position at the Geneva arms talks, has asked the United States to agree to limit the number of sealaunched cruise missiles armed with conventional warheads, the New York Times reported yesterday. The
      Reuter  -  189 words
    • Article, Illustration
      Lock icon Howe to meet Soviet leaders on arms control, Afghanistan
      213 6 AP BRITISH FOREIGN SECRETARY Geoffrey Howe said yesterday that arms control, a Soviet withdrawal from Afghanistan and human rights will be the chief issues he will raise in his talks with Soviet leaders this week. Sir Geoffrey was flying to Moscow
      AP  -  213 words
    • Article
      Lock icon US Chamber of Commerce backs accord with Ottawa
      362 6 UPI THE US CHAMBER of Commerce has announced its unequivocal support of a free trade agreement with Canada, arguing it would ultimately increase two-way trade. "While the scale of the free trade agreement means that some economic disruption is inevitable. the benefits
      UPI  -  362 words
    • Article
      Lock icon Canada trade surplus at seven-year low
      230 6 AP CANADA'S merchandise trade surplus shrank to Cs2oB million (US$l64 million) in December, the lowest monthly surplus since September 1981, according to Statistics Canada in Ottawa. The December surplus, down from a revised Cs4o2 million in November, left the full year's surplus at the
      AP  -  230 words
    • Article
      Lock icon Italian PM agrees to withdraw resignation
      279 6 Reuter ITALIAN PRIME MINISTER Giovanni Goria returns to Parliament this week to seek a new vote of confidence from a House which has humiliated him with a series of embarrassing defeats on vital finance measures this year. The Christian Democrat leader agreed last Saturday
      Reuter  -  279 words
    • Article
      Lock icon French suspending privatisation plan until after polls
      186 6 AFP THE FRENCH conservative government has suspended its privatisation programme until after the April-May presidential election. Economics and Finance Minister Edouard Balladur said last Thursday. He would, however, put "things in order" for the privatisation of Union des Assurances de Paris (UAP), France
      AFP  -  186 words
    • Article, Illustration
      Lock icon Army-civilian power struggle in Turkey
      449 6 AFP TWO RECENT SCANDALS involving military figures have highlighted the shifting conflict between Turkey's civilian politicians and the soldiers who formally relinquished power to them in 1983 One scandal hit the headlines last week when the 2000 e Dogru (Towards the Year 2000) newspaper published
      AFP  -  449 words
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      203 6 i 1 ;r*r-'£ »KMMjfp. BS 1 fX* *f, J m W &'>'? >< < •'■:>., > gSHH^HSSS! a mm Eg#* itiw i ;v; r* vX Nf>w~>. *»<*** "TREASURE ISLAND" PROPOSALS ARE NOW INVITED FOR THE DEVELOPMENT OF A BEACH RESORT ON LAZARUS ISLAND In land-scarce Singapore, this is indeed a
      203 words
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  • COMMODITIES
    • Article
      Lock icon Markets nervous ahead of US trade figures
      1413 7 AFP THE COMMODITY MARKETS fluctuated irregularly in nervous trading over the past week. Traders were reluctant to take positions before release of the US trade figures for December, which were likely to influence the dollar. Among the precious metals, gold and silver remained
      AFP  -  1,413 words
    • Article
      Lock icon Taipei not renewing 'unfair rice agreement with US
      234 7 Reuter TAIWAN will not renew a five-year rice agreement with the US when it expires at the end of 1988 because the accord is "unfair and unnecessary", a senior agriculture official said in Taipei last Thursday. Koh Chin-chao, vice-chairman of the Council
      Reuter  -  234 words
    • Article
      Lock icon Palm Oil
      270 7 Bernama CRUDE PALM oil prices drifted with uncertainty within a wide range before closing easier last week on the Kuala Lumpur Commodity Exchange. Heavy selling pressure emerged to bring spot month February to close Ms 33 lower at Msl,olo per tonne after being traded higher at M 51,065
      Bernama  -  270 words
    • Article
      Lonodn markets
      303 7 London May 188.8/189.2 Commodity High/Low Sales 196.0/188.0 (4624 226.00 (221.80) Exchange tow No 6 OF Buyer/Seller doting pile** on No 6 FOB 193.00 (188.80) Feb 1 2 (£/tonne uol ess spedi'ied). White No 5 231.50 (227.50) Previous dosing prices in porenthesh. OilS (USS/tonne) Palm oil M'sian crude Coffoa
      303 words
    • Article
      Lock icon Wheat
      235 7 Reuter CHICAGO BOARD of Trade wheat futures ended on a firm note on Friday after being mixed at midday with prices up 3-1/2 to 1-1/4 cents a bushel. March settled 3-1/2 cents higher at U553.32-1/4. Commission house buying coupled with firmness in the soy complex helped prices recover late.
      Reuter  -  235 words
    • Article
      Lock icon Soybean
      224 7 Reuter CHICAGO BOARD of Trade soybean futures rallied late last Friday on substantial purchases by C and D Commodities and closed on or near session highs from up 10-1/4 to four cents a bushel March settled up 6-1/2 cents at U556.227-1/2 after making a new session high of U556,229
      Reuter  -  224 words
    • Article
      Lock icon M'sian rubber production up by 3pc
      218 7 Bernama ES MALAYSIA'S natural rubber production rose 3 per cent in 1987 to 1.58 million tonnes from 1.54 million tonnes in 1986, according to the Statistics Department. It said in Kuala Lumpur on Friday that the smallholdings sector recorded a significant increase of 43,973
      Bernama ES  -  218 words
    • Article
      Lock icon Malaysian tin output higher last year than in 1986
      90 7 AFP MALAYSIA produced 30,388 tonnes of tin in 1987, an increase of 1,254 tonnes over the 1986 figure, official statistics showed last Saturday. The Statistics Department said 49,613 tonnes of newly-produced tin and stocks were exported last year, an increase of
      AFP  -  90 words
    • Article
      Lock icon Rubber
      255 7 Bernama ES PRE-WEEKEND nearby covering and steadier Japanese closing advices helped the Malaysian rubber market to close higher in quiet trading this week. March International Ones RSS finished one cent higher at 280.50 Malaysian cents per kg as against 279.50 cents on the previous Friday due to sellers' reserve
      Bernama ES  -  255 words
    • Article
      Lock icon KL Tin
      121 7 Rautar STRONG COVERING on Friday before the wnkend and next week's Lunar New Yaar holidays puahad tha Kuala Lumpur Tin Marfcat prlca ona cant higher to M 517.20 a kg. High damand of 124 tonnee was noted at lha start but Intarast than slacfcanad as prlcaa rosa. Turnover
      Rautar  -  121 words
    • Article
      Produce Prices
      177 7 Chinese Produce Exchange SeW#n noon ctosinQ pr Fob 13 (SS/100 kg) 1cm on Coconut oil M FOt 115.00 OW drum FOt 125.00 N»w drum FOt 129.00 Copra Mi*«d (Ioom) 64 Pepper Munlok white FOt NIW 1162 JO Sorawak wMt* FOt foq NIW 1147 JO Sarawak tpadai Mack FOt
      177 words
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      Page 7 Advertisements Column 1
      145 7 GONG XI FA CAI #5 Our 2 Golden Phoenix Sichuan Restaurants and Chao Zhou Garden Restaurant will be closed on the eve (for dinner only) and the Ist day of the Lunar New Year. Business will resume on the 2nd day v lB Feb a m r* Double up your
      145 words
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      Page 7 Advertisements Column 2
      130 7 Opinions may differ. But they hardly do on this point. T 1 a BLAUPUNKT BOSCH OTOMP It's a small point But it makes a world of difference. Some crave power. Others set great store by a car's length. Others won't do without a 4-wheel drive. But when it comes to
      130 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Amro and Belgian bank planning major link-up
      563 8 FT AMSTERDAM-ROTTERDAM Bank (Amro) of the Netherlands and Generate Bank of Belgium have agreed to exchange a portion of their share capital in order to form one of Europe's largest multi-na-tional banking groups within the next three years. The two banks said last
      FT  -  563 words
    • Article
      Lock icon Bank of Italy supports reform for state banks
      179 8 Reuter THE BANK of Italy said it favours transforming more of the country's state-controlled banks into limited companies. A document setting out the central bank's views on the issue said turning the banks into limited companies would make them more efficient and
      Reuter  -  179 words
    • Article
      Lock icon Bank Negara's international reserves up
      106 8 Bernama ES BANK NEGARA Malaysia says its international reserves as at Jan 15. 1988, amounted to M 519.62 billion against M 519.5 billion as at Dec 31, 1987. In its fortnightly statement on Saturday, it said the international reserves comprise of gold and foreign exchange,
      Bernama ES  -  106 words
    • Article
      Lock icon Bank looks into unauthorised deals
      190 8 Reuter THE NATIONAL BANK of Canada said last Thursday that it was investigating unauthorised trades by a New York bond dealer that have cost the bank US$2O million. The trader, in his mid-20s, had made hundreds of millions of dollars worth of unauthorised trades since
      Reuter  -  190 words
    • Article
      Lock icon Forex markets
      799 8 Union Bank of Switzerland ZURICH: IT S NOTHING NEW, but it always comes as a surprise: the intensity bordering on obsession with which the international financial markets concern themselves with US trade balance statistics. The tense wait for the announcement of the figures has become a ritual that
      Union Bank of Switzerland  -  799 words
    • Article
      Lock icon Asian currencies generally lower
      942 8 AFP ASIAN CURRENCIES generally drifted lower in quiet trading last week as foreign exchange dealers cautiously awaited the release of US trade figures for December last Friday. The New Zealand dollar, which rose sharply after the government modified its tax reform package, and the South Korean
      AFP  -  942 words
    • Article
      Lock icon Trading remains dull in Government Securities Market
      179 8 OCBC TRADINQ remained dull and listless for the better part of last week prior to the announcement of the issue of the February 1988 five-year bonds on Friday. Treasury bill rates for a month up to a year remained flat and closed slightly
      OCBC  -  179 words
    • Article
      Asian $ market
      246 8 Asian market ASIAN CURRENCY average deposit rotes for 1 > 1 ended Feb 12 BIO PRICES High Low US t 7 doyt 6 11/16 6 7/16 1 month 6 11/16 6 7/16 2 months 6 3/4 6 9/16 3 months 6 3/4 6 9/16 6 months 6 13/16 6 5/8
      246 words
    • Article
      Lock icon Gold recovers after falling
      393 8 Green Collier Bullion SPOT GOLD changed course last Friday at New York's Commodity Exchange, after dipping to a new year low on quick liquidation. It last traded at U*****.30 an ounce, a gain of about US$6 over the previous Friday's close. Gold initially plunged on news
      Green & Collier Bullion  -  393 words
    • Article, Illustration
      Prime lending rates
      494 8 Indicate* the average of the prime tending rates of 12 ma|or bank* in S'pore PLR of bonks ot the clot* of business on Friday, Fob 1 2, as supplied by the Association of Banks in Singapore. BANK PLR Algernon* Bank 6% Allied Irish Bonk PLC 6 Am*rkan
      494 words
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  • BANKING AND FINANCE
    • Article, Illustration
      What happens when your machinery breaks down
      732 9  -  by PAUL FRANKLAND A MACHINERY BREAKDOWN in a factory is not quite the same thing as the minor inconvenience of your car or motorcycle going out of action for a while. The financial consequences for a factory owner or industrialist can be far
      732 words
    • Article
      Lock icon Argentina may be able to make interest payments soon
      237 9 Agencies ARGENTINA should very soon be able to make interest payments, overdue since December, on its commercial external debt, said William Rhodes, a Citicorp official who heads a bank steering committee on debt restructuring. Mr Rhodes's remarks came in response to
      Agencies  -  237 words
    • Article
      Lock icon Taipei's reserves hit record US$76b
      81 9 AFP TAIWAN'S foreign exchange reserves have soared by US$l billion in two weeks to US$76 billion, the Economic Daily News reported in Taipei yesterday. Central Bank head Chang Chi-cheng was quoted as saying reserve holdings were boosted by the appreciation of the West German mark
      AFP  -  81 words
    • Article
      Lock icon Brazil ready to strike debt repayment accord
      233 9 AFP BRAZIL, eager to normalise its international financial ties, is set to strike an agreement on repaying its foreign debt with bankers in March and the International Monetary Fund (IMF) in June. Finance Minister Dr Mailson da Nobrega acknowledged during the weekend that
      AFP  -  233 words
    • Article
      Lock icon Bangladesh getting US$25m loan
      117 9 AP BANGLADESH will receive a US$25 million interest-free loan to help repair river, harbour and other public projects damaged by floods during heavy monsoons in 1987, said the World Bank during the weekend. The flooding was the worst in Bangladesh in more than 25 years. The
      AP  -  117 words
    • Article
      Lock icon Hongkong banks raise interest rates
      341 9 AFP HONGKONG BANKS have announced increases in their deposit and prime lending rates, the first increase in about two months, citing a drop in local liquidity and favourable trade conditions. The Hongkong Association of Banks announced on Saturday that interest on call money and short-term
      AFP  -  341 words
    • Article
      Lock icon British bank to pull out from Peru
      131 9 AP THE BANK of London and South America has announced plans to end its operations in Peru. The Lima Times newspaper said on Friday that the British bank told customers a week ago that it was withdrawing from the country but did not
      AP  -  131 words
    • Article
      Lock icon Volcker warns against panic
      602 9 FT PAUL VOLCKER. the former chairman of the US Federal Reserve Board, has warned that a "creditors' panic" could undermine progress towards a solution of Third World debt problems. Addressing a London conference on Latin America on Friday, Mr Volcker delivered a strikingly optimistic assessment of
      FT  -  602 words
    • Article, Illustration
      Lock icon Mexican debt plan may set precedent: Baker
      465 9 Reuter MEXICO'S new plan for debt relief could be extended to some other Latin American debtors such as Colombia and Venezuela if it proves a success, US Treasury Secretary James Baker said on Saturday. Mr Baker, who accompanied President Reagan on a four-hour
      Reuter  -  465 words
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      Page 9 Advertisements Column 1
      524 9 ASSOCIATION OF MERCHANT BANKS IN MALAYSIA brings to you A TWO-DAY WORKSHOP SEMINAR on CHART ANALYSIS TRADING, TACTICS FORECASTING Featuring MR. DAVID FULLER a global financial expert and internationally renowned speaker Specially deelgned tor Fund Managers, Investment Advisors and Analysts, Brokers, Forex Dealers, Currency Traders and Hedgers and aH other
      524 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Softening the blow of the axe
      983 10  -  People who were fired right after the October stock market crash were lucky. They managed to find positions with other financial services firms pretty quickly. The second and third waves of laid-off employees may not be so fortunate. CLINT WILLIS advises some precautionary measures
      NYT  -  983 words
    • Article, Illustration
      Lock icon US-Mexican textile accord belies tension
      784 10 NYT PRESIDENT REAGAN began his sixth summit meeting on Saturday with President Miguel de la Madrid, and the two leaders signed an agreement allowing greater access to American markets for Mexican-made textiles. The agreement is part of a broader effort by Reagan to increase trade
      NYT  -  784 words
    • Article
      Lock icon No silver lining for Latin America
      924 10 FT LATIN AMERICA suffered further economic decline last year, according to a report by the United Nations Economic Commission for Latin America. The region's gross domestic product rose by 2.6 per cent, a rate one percentage point lower than the average growth recorded over
      FT  -  924 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      696 10 CRYPTIC PUZZLE ACROSS 1 Footwear to boast about? (5) 6 Frank s railway organisation (5) 9 Place for wine, though the cat gets water (7) 10 Figure there's an anagram (5) 11 Instrument, possibly collector's piece (5) 12 Reserves of literature (5) 13 Prepared to be a star? (7) 15
      696 words
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  • THE ARTS
    • Article, Illustration
      Young sculptors making waves
      1414 11  -  By VANESSA LEE SINGAPORE'S young sculptors are starting a revolution of their own. From what the public has seen of their work so far, there are clear indications that these young people do differ in their philosophy and approach (sometimes quite radically) from the older group
      1,414 words
    • Article, Illustration
      The world of Lin Cho-Liang
      646 11  -  1 .vr yci By S SHAUN KOH HE RARELY FAILS to captivate and dazzle audiences around the world with his rare blend of beautiful tone, expressiveness and absorbing authority. Yet when he does have an off day as everyone invariably does his performance is still
      646 words
    • Article, Illustration
      A delightful blend of jazz and classical
      415 11  -  CD REVIEWS By SHAUN KOH THE JAZZ ALBUM Various London Sinfonietta/Simon Rattle. EMI digital CDC 7 ***** 2 (74 minutes). Category: Jazz. THE LONDON SINFONIETTA has been recording things like this light classics and big band jazz numbers for years. But this is
      415 words
  • Page 11 Advertisements
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1270 11 w aac:) mm ADAM SMITH'S MONEY WORLD The Great Crash of 1987 (Part I) 8.30pm, Channel 12 Black Monday' swept away trillions of dollars worth of stock. On Terrible Tuesday', the financial markets almost came to a halt. Just how close did the world come to the brink of total
      1,270 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Winter Olympics begin with dash of colour
      448 12 UPI BUFFETED BY ARCTIC WINDS, the Winter Olympic Games opened in Calgary, Canada, in a dazzling eruption of music, colour, square dancing, and daredevil aerial formations before a crowd of 60,000 and a television audience expected to reach two-and-a-half billion. A numbing frontal
      UPI  -  448 words
    • Article
      Lock icon West Germany upsets Czechoslovakia in hockey tournament
      223 12 AP THE UPSET BUG arrived quickly at the winter Olympics in Calgary as West Germany knocked off Czechoslovakia in the first game of the hockey tournament. The Americans and the powerful Soviets posted easy victories. Czechoslovakia, the 1964 silver medalist, bowed 2-1 on
      AP  -  223 words
    • Article, Illustration
      Lock icon Rodriguez ties for first place
      359 13 UPI CHI CHI RODRIGUEZ fired a 1-un-der-par 71 on Saturday and moved into a first-place tie with Al Geiberger after three rounds of the PGA Senior Championship in Florida. Rodriguez, the defending champion, and Geiberger enter the final round tied at 3-under 213 for the
      UPI  -  359 words
    • Article
      Warren defies the odds
      814 13  -  Club pips defending champion by one stroke By WALTON MORAIS WARREN Golf Club entered the den of the tiger, stole maximum points and closed in on defending champion Sembawang in the Premier League golf championship yesterday. With the fourth round being played on Sembawang's hilly par-71
      814 words
    • Article, Illustration
      No small degree of success
      504 13  -  reiei by Walton Morais WHILE the longest birdie of her career proved the turning point (or Elizabeth Wilson in the US$5O,OOO Kosaido Asahi Singapore Ladies Open on Saturday. it was her university major that helped the 24-year-old win her first pro title. When asked after
      504 words
    • Article
      Lock icon Ethiopian runner wins Tokyo marathon
      149 13 Reuter ABEBE MEKONNEN of Ethiopia broke away in the final 1.000 metres of a thrilling race to beat Tanzania's Juma Ikangaa in the Tokyo marathon yesterday. The 24-year-old Mekonnen won the gruelling race in two hours, eight minutes. 33 seconds to shatter Ikangaa's hopes of
      Reuter  -  149 words
    • Article
      Lock icon Navratilova books final berth with thrilling win
      238 13 UPI TOP-SEEDED Martina Navrati- lova rallied on Saturday for a 1-6, 6-3, 6-2 victory over Zina d Garrison and a berth against J No. 2 Pam Shriver in the finals 4 of the U*****,000 Virginia 4 Slims of Dallas. Like Navratilova, Shriver 5
      UPI  -  238 words
    • Article
      Lock icon Fighting for vacant throne
      82 13 UPI FRANK WARREN and Buddy McGirt, who say the junior welterweight champions refuse to fight them, were due to battle yesterday for the vacant International Boxing Federation title. The 15-round St Valentine's Day bout in Corpus Christi, Texas, will be a rematch of Warren's 10-round decision
      UPI  -  82 words
    • Article, Illustration
      Lock icon Records fall at US indoor tournament
      435 13 Reuter RUMANIAN Doina Melinte set a world record for the women's indoor mile on Saturday and gave the most sparkling of a dazzling array of performances at the US Olympic Invitational Athletics Meet in East Rutherford, New Jersey. Finishing in four minutes 18.86 seconds,
      Reuter  -  435 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      346 12 4 COURyoiSIER XOWhere to eat, drink... A symbol of vitality and strength. A year of good fortune, success and happiness Savour our good luck raw fish from Feb 18 to Mar 2, and get a hongbao of surprises as well as a chance to win over $1 million worth of
      346 words
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      Page 12 Advertisements Column 2
      124 12 A \o s\« <V 0 B*io« Richmond Every night at the Jade Lounge* From 8.30 pm Old favourites. Evergreens. Yesteryear s hits. Brian Richmond's got them all at his fingertips. Just surrender to the cosy, relaxed atmosphere of the Jade Lounge and let the great sounds of nostalgia have their
      124 words
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      Page 12 Advertisements Column 3
      109 12 A New Era in Sophisticated Entertainment Open nightly from 9pm to 3am Members and non-members are welcome. For more information Tel. *****88 11am to 6pm *****43 after 6pm Hyatt REGENCYjO Singapore 10-12 Scotts Road. Singapore 0922 S-T-R-E-T-C-H YOUR DOLLAR! r r. I m Lower Ground MfIKL ffUMIUX SINGAPORE Orchard/Somerset Road.
      109 words
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      Page 12 Advertisements Column 4
      192 12 ENJOY THE LUXURIES AT HAWKERS' PRICES •!i 11 \ui niwi h l jyfl #556.50 Roast Duck/ Chicken Served with Garlic Rice Beancurd Soup Coflee/Tea or Roast Pork with Char Siew Rice Beancurd Soup Coffee/Tea #9s7.So++ t Soup of the day Pork Milanese (Italian Style) Dessert Codee/Tea or t Soup of
      192 words
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      Page 12 Advertisements Column 5
      200 12 t: Austrian best From the land of "Hie Sound of Music'' comes another art form delicious food like Wienerschnitzel, Fiaker-goulash, Paprika Chicken, sausages, salads, apple strudel, Sacher Cake, Emperor's pancakes and much, much more! At $31 for adults and $15 for children, we're sure you'll enjoy the feast as much
      200 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      468 13 and entertain 4 TANTALISING T-BONE STEAK AT ONLY $22.50 You'll be delighted at what we're offering for dinner during the month of February US Prime T-Bone Steak. «Carefufy chosen from the best US Prime Beef and gritted > a sizzling perfection, served with a baked Idaho potato and a Caesar
      468 words
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  • MARKET REVIEWS
    • Article, Illustration
      Market edges higher in thin trading
      5306 14  -  w i Singapore P k. A By LISA LEE SHARE PRICES staged a slow climb at the end of last week on expected positive news of the US December trade figures in an otherwise quiet market. Analysts said this week's holi-day-shortened market would see
      5,306 words
    • Article
      Lock icon Festive rally arrives later than usual
      464 14 K.Lumpur MBT "lT'S BETTER LATE than never" was how operators generally described the long-awaited traditional Chinese New Year rally that appeared on the Kuala Lumpur stock market towards the later part of last week. Going by the continuously easier sessions of late, operators seemed
      MBT  -  464 words
    • Article
      Lock icon Share prices soar on trade news
      257 14 5^5 Rill Tokyo 4 AFP SHARE PRICES rose sharply in Tokyo last week, due mainly to buying on Friday, as dealers took stock of the US dollar's stability amid predictions of an improvement in trade data. A wait-and-see attitude from institutional investors over the
      AFP  -  257 words
    • Article
      COMPANY NEWS for the week
      484 14  -  Week ended Feb 12 compiled by JULIANA TAY CORPORATE DEVELOPMENTS Amalgamated Steel Mills Bhd has token over another 27 outlets of the Emporium Supermarket Holdings Bhd group which went into receivership last year Amanoh Saham National has raised its stake in Horrisons Malaysian Plantations Bhd
      484 words
    • Article
      Dearer money revives fears of 'Black Monday'
      481 15  -  London J m From MICHAEL CLARK THE SPECTRE of dearer money raised its ugly head again on the London stock market last week just a few days after banks had pushed up interest rates another point to 9 per cent. Share prices opened
      481 words
    • Article
      Lock icon Zurich stock prices show marginal gain
      224 15 UBS INTEREST RATES on the Swiss money and capital markets were still under pressure last week while prices on the stock market improved marginally. However, due to the high liquidity of the market, there is no reason to expect an increase in interest rates.
      UBS  -  224 words
    • Article
      Lock icon Amsterdam exchange posts modest gain
      164 15 NMB Bank AFTER A lacklustre start to last week, the Amsterdam bourse shifted direction on Thursday, posting a modest three-point gain to an ANP/CBS Index of 221.5. This corresponded with a rise in the West German and French stock markets. The publishing sector enjoyed renewed
      NMB Bank  -  164 words
    • Article, Illustration
      Lock icon Fall in gold prices hits Australian shares
      328 15 AFP GOLD PRICES fell in Sydney as fears of rising inflation in the US took their toll on the Australian Stock Exchange last week. In spite of a slight recovery at the week's end, brokers said the local market needed a major confidence
      AFP  -  328 words
    • Article
      Bombay waiting with bated breath for budget day
      719 15  -  From SHIRISH NADKARNI IT IS APPARENT from the trend of share movements on the Bombay Stock Exchange (BSE) through the close of the old year, and the onset of the new one that, although there have been a recovery, things will quieten
      719 words
    • Article, Illustration
      All quiet on the eastern front
      1369 15 1 H t 1 Hongkong y MARKET ACTIVITY was extremely quiet throughout last week in Hongkong, with turnover totalling only HKJ2.27 billion prior to Friday's release of US trade deficit data for December which market expectations put at between US$ll billion and US$l4 billion.
      1,369 words
    • Article
      Lock icon Smaller trade deficit brings relief
      369 15 PI Wj. 1 New York y AFP AFTER A WEEK of nervous waiting, Wall Street breathed a sigh of relief last Friday as the Department of Commerce announced a drop in the US trade deficit for December. The Dow Jones Industrial Average, which had fallen
      AFP  -  369 words
    • Article
      Lock icon West German equities perform strongly
      141 15 AFP WEST GERMAN STOCKS put on a good performance last week, as the Commerzbank Index finished at 1,392.2, up 132.5 from the previous Friday. Prices have now gained 9 per cent since the beginning of the year, on the basis of that index. Analysts said
      AFP  -  141 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      130 15 ANNOUNCEMENT New Guinea Pacific Line (NGPL) are pleased to announce that effective from March 1988, a second vessel will be introduced into its regular containerised service to and from Papua New Guinea. Our new multi-purpose vessel, 'Lotte Scheel', will complement and enhance our existing 'Chengtu' service. It will give NGPL
      130 words
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  • COMPANY NEWS
    • Article, Illustration
      Why KL exchange's two leading lights don't see eye to eye
      1784 16  -  Clash reflects tension between traditional and radical camps The recent outbursts between merchant banker Datuk Malek Merican (left) and KLSE chairman Datuk Nik Din over the implementation of a negotiated commission structure is but a part of the controversial
      1,784 words
    • Article
      Lock icon Exchange to hold dialogues with members
      220 16 Bernama ES THE KUALA LUMPUR Stock Exchange (KLSE) will hold a round of dialogues with its members on the share delivery and settlement systems. KLSE chairman Nik Mohamed Din Datuk Nik Yusoff said that during the dialogues, issues on the graduated commission structure would
      Bernama ES  -  220 words
    • Article
      Lock icon KLSE studying American commission's 'crash' recommendations
      477 16 MBT THE KUALA LUMPUR Stock Exchange is looking into the recommendations made by a US presidential commission set up to study last October's market crash. Its general manager. Mr Mohamad Salleh bin Abdul Majid, said the exchange s research department is studying the matter.
      MBT  -  477 words
    • Article
      UOB completes bid to own all shares of Chung Khiaw Bank
      330 16 UNITED OVERSEAS Bank has wrapped up its bid to own all remaining shares of Chung Khiaw Bank with the recent approval from the High Court and the Stock Exchange of Singapore. The bank's bid involves the acquisition of the
      330 words
    • Article
      Lock icon Pernas plans to float one or two more units on KLSE
      343 16 NST PERBADANAN Nasional Bhd or Pernas expects to list one or two more of its subsidiaries on the KLSE probably within the next 18 months. President and chief executive, Tunku Datuk Shahriman bin Tunku Sulaiman said that Pernas had
      NST  -  343 words
    • Article
      Mount Pleasure projects M$6.4m pre-tax profits
      355 16 MOUNT Pleasure Holdings is projecting a group pretax profit of $6.44 million for the year ending Jan 31. 1989. after taking into account its proposed acquisition of Plaza Yowchuan Phase 1. This compares with a group pre-tax loss of M 5878.000 if the acquisition
      355 words
    • Article
      Lock icon IGB on listing of subsidiary in Australia
      147 16 Bernama ES IGB CORPORATION Bhd says it is only exploring various possibilities of listing its subsidiary, Ipoh Garden (Aust) Pty Ltd, in Australia. In a statement on Saturday, IGB said no definite proposal has been accepted nor has any submission been made to
      Bernama ES  -  147 words
    • Article
      APPROVED ISSUES
      41 16 Company RIGHTS ISSUE Company SONUS ISSUE Ajinomoto One-for-five E»do'e Mor 4 Books dose: Mar 18 Kg Lonjut One-for-three Shore split of $1 50 par into shores of $1 eocti E> dot«: ion 27 Books close* feb 20 Company OTHERS
      41 words
    • Article
      PROPOSED ISSUES
      298 16 Company RIGHTS ISSUE AMD! One-for-four JO SO per shore C 1 Holdings 27 million loon stocks in the ratio of S3 loon stock lor every five ordinary shores held Duto Cons One-for-one )l 10 per shore F A C ft One for one $040 per shore Hexza Corpn
      298 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      269 16 NOTICES EIhB ACT, CAP. 50 AND IN THE MATTER OF SILVER LIGHT INDUSTRIES PTE. LTD. (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being voluntarily wound up, are required on or before 15 March 1988 to send in their names and
      269 words
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      Page 16 Advertisements Column 2
      271 16 IN THE MATTER OF TAN A COMPANY METALS PRIVATE LIMITED (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. (Chapter 50) that a Final General Meeting of the Members of the abovenamed Company will be held at 101-A Upper Cross
      271 words
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      Page 16 Advertisements Column 3
      363 16 (Incorporated in the Repute of Singapore) I lft '1" II 1 J ll* Applications have been made to the directors of the abovenamed company to issue duplicate share certificates in place of the following share certificates which have been reported lost or destroyed: Certificate No. of Shares No. Name of
      363 words
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      Page 16 Advertisements Column 4
      82 16 NOTICE OF FINAL MEETING THE COMPANIES ACT, CAP. 50 ENTERPRISES PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) Notice is hereby given pursuant to Section 306 of The Companies Act. Cap. 50. that the Final Meeting of Members of the abovenamed Company wiM be held at 6001 Beach Road #11-07 06. Golden
      82 words
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  • WORLD MARKETS
    • Article
      Lock icon Trade figures push Dow up
      915 17 New York Reuter STOCK PRICES on the New York Stock Exchange closed higher last Friday, buoyed by news of a smaller than expected American trade deficit in December. Trading was only moderately active, though. Traders said snow storms and the three-day holiday weekend kept many
      Reuter  -  915 words
    • Article
      Prices close mixed
      910 17 London SHARES on the London market stood mixed in late trading last Friday despite news of a smaller than generally expected December US trade deficit, with the continuing absence of institutional interest preventing a rally, dealers said. The Financial Times industrial share index ended 4.0 points higher
      910 words
    • Article
      Lock icon Brokers criticise repayment terms for Hongkong futures default
      288 17 AFP FIRMS which helped rescue the Hongkong Futures Exchange in October last Friday criticised the repayment terms for an estimated U*****.2 million in defaults as being too soft. Three futures brokers agreed last Thursday to repay US$96 million in defaulted funds. The
      AFP  -  288 words
    • Article
      Lock icon Two more defect from Salomon
      243 17 NYT TWO more senior executives resigned from Salomon Brothers test Thursday, adding their names to the growing list of defectors from one of Wall Street's largest investment banking houses. They were Mr Robert Scully, who was in charge of Salomon s capital markets group, and
      NYT  -  243 words
    • Article
      Untitled
      938 17 4 Amsterdam KB 11 FL8 ABM 37 70 63 20 74 30 82 SO 147.10 42 00 0 3 17 1.1 1.8 unch 2.3 Ahotd Akzo Alranta AMEV Amro Ba i*. auap 114.80 43 BOLS 114.80 4.8 78 50 -05 Boahrma Calva Baavlar n T#tti iroda 40.00 780 44.80 2120
      938 words
    • Article, Illustration
      Lock icon Leysen drops out of bid for Societe Generate
      523 17 Field now clear for de Benedetti NYT IN A DRAMATIC turnaround, Belgian entrepreneur Andre Leysen last Friday abruptly dropped out of the battle for control of Societe Generate de Belgique Sa, Belgium's largest company, after three of his 18 partners refused to
      NYT  -  523 words
    • Article
      Lock icon Benckiser agrees to acquire Ferruzzi's Mira Lanza stake
      323 17 IHT CHEMICAL company Joh A Benckiser GMBH Mid last Friday that it had agreed to acquire the 54 per cent of Mira Lanza Spa. an Italian detergent and cleaning products company, held by Ferruzzi Agricola Finanziaria Spa. A Benckiser spokesman said that
      IHT  -  323 words
    • Article
      Lock icon Losses up
      63 17 AFP LOSSES recorded by Chinese enterprises nearly doubled in four years ss their management methods did not change despite economic reforms, the China Daily said yesterday. About 55.000 of the 422,000 enterprises that published year-end accounts in 1966 registered losses. Those losses totalled US$l.93 billion, up 78.7 per
      AFP  -  63 words
    • Article
      Lock icon 'Fight for SGB akin to television soap opera'
      148 17 AP BELGIANS are captivated by a financial soap opera that oozes mystery and intrigue and stars high-rolling business executives in a battle over Societe Generate de Belgique SA, the nation's giant holding company. The financial soap opera appears each night as soon
      AP  -  148 words
    • Article
      Lock icon BP extends offer for Britoil to Friday
      121 17 AFP BRITISH PETROLEUM announced last Friday that it controlled 70 par cant of Britoil at the Ipm expiration of its hostile takeover bid for the company, and was extending the offer to this Friday. The bid is worth £2.55 billion. On Dec 18.
      AFP  -  121 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      7 17 Stockholm and Vianna pricaa wara not avallabla
      7 words
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      Page 17 Advertisements Column 2
      339 17 "T IN THE MATTBR OP TLS DEVELOPMENT PRIVATE LIMITED (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OP PINAL MEETING NOTICE IS HEREBY OI- pu VEN pursuant to Section th 308 of the Companies Act, th (Chapter 50) that a Pinal in, General Meeting of the *b Member* of the above- be named Company
      339 words
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      Page 17 Advertisements Column 3
      299 17 IN THK MATTER OF BAKKRIMEX TRADING PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING Notice Is hereby given pursuant to Section 306 of the Companies Act, Cap. 50, that a Final General Meeting of the members of the abovenamed Company will be held at the office of the Liquidator,
      299 words
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      Page 17 Advertisements Column 4
      305 17 IN THE MATTER OF THE COMPANIES ACT, Cap. 50 AND IN THE MATTER OF GORTHON SHIPPING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE la hereby given, in pursuance of Section 308 of the Companies Act, Cap. 50, that the FINAL GENERAL MEETING of the members of the above-named
      305 words
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      Page 17 Advertisements Column 5
      291 17 IN THB MATTtB Of Wi COMPANIES ACT, CAP. 00 YONG TAT POOD TRADING PTE. LTD. (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the above Company duly convened and held at 606 North Bridge Road #14-06, Blanoo Court, Singapore OTIS on Monday. IMb February IMi at 11 a.m.. the
      291 words
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  • Article
    Government revenue from gaming tax on the rise
    680 18  -  Increased gambling linked by some to market crash By LEE HAN SHIH DESPONDENCY over the October stock market crash has apparently given way to hopes and dreams as people turn to games of chance, sharply boosting the government's revenue from licensed gambling.
    680 words
  • Article
    Lock icon Soviet ships tried to oust Americans: Pravda
    228 18 Reuter THE SOVIET Communist Party newspaper Pravda said yesterday that Soviet warships were trying to force US vessels out of Soviet waters when they collided in the Black Sea on Friday. The newspaper said the collisions occurred when the Soviet vessels acted on
    Reuter  -  228 words
  • Article, Illustration
    Lock icon Protesters claim HK government making historical mistake
    383 18 AFP MORE THAN 300 demonstrators in Hongkong yesterday each burned a copy of a document on political reform and accused the government of making a "historical mistake" by not introducing direct elections this year. Pro-democracy legislator Martin Lee went further in an address
    AFP  -  383 words
  • Article
    MAS to survey costs of forex, treasury operations
    460 18  -  By TONG SUIT CHEE THE MONETARY Authority of Singapore (MAS) it conducting a study to find out just how much it costs banks to engage in foreign exchange trading and treasury operations in Singapore. The international treasury business, which includes foreign exchange
    460 words
  • Article
    Lock icon China considering setting up space station
    211 18 AFP CHINA is investigating the possibility of setting up a permanent space station. The official New China News Agency (NCNA) reported that the president of the Academy of Space Technology, Min Guirong, said on Saturday that China was concentrating on high-tech space research, such
    AFP  -  211 words
  • Article
    Lock icon Suharto approves development of country club on Batam
    190 18 AFP PRESIDENT SUHARTO has given an Indonesian-Japanese joint venture firm the green light to build an exclusive country club with two golf courses on the island of Batam, the Antara news agency reported on Saturday. Antara quoted businessman Sudwikatmono as saying the
    AFP  -  190 words
  • Article
    Lock icon Qantas staff to learn Japanese
    68 18 Reuter STAFF of the Australian airline Qantas will learn Japanese to cope with the growing number of tourists from Japan. In Sydney yesterday, the airline said cabin crew and ground staff would be taking three- to five-week basic courses from next month. Chief executive John
    Reuter  -  68 words
  • Article
    Lock icon Gandhi carries out Cabinet reshuffle
    517 18 Reuter INDIAN PRIME MINISTER Rajiv Gandhi, quashing speculation about a snap general election, yesterday reshuffled his Cabinet. Mr Gandhi did not switch key ministers but made 16 changes to complete the team most likely to lead his Congress (I) Party into national elections due by
    Reuter  -  517 words
  • LATE FILE
    • Article
      Lock icon India sending more troops
      36 18 AFP INDIA is tending more troop*, to northern Sri Lanka at a. major March for Tamil rebels continues in the eaat, said India's High Commissioner to Colombo, Jyotindra Nath Dixit, yesterday. AFP
      AFP  -  36 words
    • Article
      Lock icon Saudis impose two Aids tests
      41 18 AFP FOREIGN workers arriving in Saudi Arabia must undergo tests to determine if they are Aids carriers before they enter the country and again within three months of arrival, said the newspaper AKJazirah in Riyadh yesterday.
      AFP  -  41 words
    • Article
      Lock icon Chancellor threatens to quit
      31 18 Reuter AUSTRIAN Chancellor Franz Vranitzky yesterday threatened to resign because he said the controversy surrounding President Kurt Waldheim was preventing his govsrnment from dealing with other problems
      Reuter  -  31 words
    • Article
      Lock icon China sees rise in economic crime
      41 18 AFP ECONOMIC crimes are on the upswing in China, with more than 360,000 first-in-stance cases being judged before courts in 1067, seven times mors than in 1063, the People's Daily in Beijing reported yesterday. AFP
      AFP  -  41 words
    • Article
      Lock icon Nigeria keeps within quota
      34 18 AFP NIGERIA has no plan to excwd Its Opec production quota of 1.3 million barrala a day, a spokesman tor ttw Nigerian National Patrolsum Corporation in Lagos said yesterday. AFP
      AFP  -  34 words
    • Article
      Lock icon Suharto assures countrymen
      33 18 AFP PRESIDENT Suharto yesterday called on his countrymen not to worry about Indonesia's large foreign debt, aaying debt repayments would not burden future generabone, the leading daily Kompas reported. AFP
      AFP  -  33 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      194 18 FABULOUSLY COMFORTABLE! Available at: SCHUHE BOUTIQUE #02-28 RAFFLES CITY SHOPPING CENTRE Good* Basis For BusineseAt Interfania Fairs ■■■■■J MOTOR SHOW 20—25 July *88 Passengers and Commercial Vehicles and Motoring Accessories ft Services World Trade Centre SINGAPORE ELECTRIC-ASIA 25 29 Oct tt 7th International Exhibition of Electrical Engineering, Instrumentation, Controls, Fittings
      194 words
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      Page 18 Advertisements Column 2
      220 18 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. What the construction industry can expect from the public sector this year. 2. Japan has emerged as a major market for Singapore food and beverage companies. 3.
      220 words
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  • SHIPPING TIMES
    • Article, Illustration
      Port Klang Authority plans to attract passenger traffic
      334 19  -  By G DURAIRAJ THE PORT KLANG Authority plans to widen the range of facilities and services to attract passenger traffic, which over the last year has shown a dramatic increase. Passenger traffic last year improved by a hefty 300 per cent from
      334 words
    • Article
      Lock icon Two bidders hit out at CTS's 25-year forecast
      131 19 Seatrade Week THE AQUINO government's determination to stick by its award of the controversial lease contract on the Manila International Container Terminal to Container Terminal Services Inc, has finally provoked public outbursts from two losing bidders. C F Sharp Co and MOF
      Seatrade Week  -  131 words
    • Article
      Lock icon Pakhoed workers begin strikes over pay and conditions
      136 19 Reuter WORKERS at Pakhoed Holding Pak Tank oil storage farm in Rotterdam have begun the first of a series of planned lightning strikes over pay and conditions, a spokesman for port and transport union FNV said. Similar action is expected at Van
      Reuter  -  136 words
    • PORTSIDES
      • Article
        Lock icon China to expand Dalian port
        107 19 Reuter THE WORLD BANK said China will expand facilities at Dalian seaport assisted by a bank loan and a credit from the International Development Association. The bank loan is for US$7l million and the IDA credit is for US$25 million. The bank said China needs
        Reuter  -  107 words
      • Article
        Lock icon Witass reducing bunker surcharge
        77 19 Reuter THE ASSOCIATION of West India Trans-Atlantic Steam Ship Lines (Witass) said it is reducing its bunker adjustment factor to US$6.5O per freight ton from US$7.5O, with effect from March 1. The new rate applies in the General, Islands and Mexican and Colombia Pacific Sections, westbound
        Reuter  -  77 words
      • Article
        Lock icon Cut in CAF
        34 19 Reuter THE FAR Eastern Freight Conference said it was reducing the currency adjustment factor (CAF) for shipments from Singapore/West Malaysia to 26.0 per cent from 30.5 per cent, effective Feb 15.
        Reuter  -  34 words
    • Article
      CONSORTIA
      164 20 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf. Straits ports/Australia. Straits/Japan and the member lines ACE (FAR EAST/EUROPE): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd
      164 words
    • Article
      Lock icon Insurance group increases stake in James Fisher
      118 20 Reuter BRITISH shipowners James Fisher and Sons PLC confirmed in a statement that it has discontinued talks with shipping and insurance group Walter Runciman PLC following recent press comment concerning Runciman s increased stake in Fisher Fisher said it had tentative discussions with
      Reuter  -  118 words
    • Article
      Japan, West Germany to aid Indonesian ship plan
      374 20 Assistance will be in the form of soft loans JAPAN and West Germany will help in the development ot Indonesia's Caraka Jaya shipbuilding programme. Suleman Wiriadidjaja. a director of PT PAL, said the assistance will be in the form of soft loans,
      374 words
    • Article
      Lock icon Soviet bidder wins contract to clean up Bahia Blanca harbour
      203 20 AFP A SOVIET bidder was awarded a US$l6O million contract to clean up the Bahia Blanca harbour, the Argentine Ministry of Public Works announced on Friday. The Soviet Union's Technosproyexport defeated France's Dumez in bidding over the contract for two-year
      AFP  -  203 words
    • Article
      INDEX TO ADVERTISERS
      974 20 AB Shpg V 3 ABC Contoiner VIII 1 Accord Shpg VI 3 Ahrenkiel liner n 3 Africo Ocean XX 2 Alltrons VK 3 AC Toepfer XI S Americon Tpt XII 4/5 Anro Service IV 2/3 Arrow lines IX 5 Asian Ocean XI 4 Atlos line X 5
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    • Article
      SHIPSALES
      802 20 OSLO tanker owners Norman Tank IV and affiliated operators Norman International A/S refused to comment on speculation that the VLCC Mia Margrethe has been sold to the National Iranian Tanker Company (NITC). "We can confirm that the ship has not been sold. But we cannot comment on whether we
      802 words
    • Article
      Lock icon UK union fined £7,500 for not calling off strike
      114 20 Reuter THE NATIONAL Union of Sea? men was fined £7,500 by the UK High Court for not immedij ately complying with a coert order to call off a ferry the UK national news agency Press Association reported. Ferry operator Sealink UK
      Reuter  -  114 words
    • Article
      Lock icon US waives law on reflagged tankers
      228 21 Reuter THE UNITED STATES has waived a new law that required full American crews on 11 reflagged Kuwaiti tankers flying the US flag in the Gulf, the chairman of the House Merchant Marine committee said. Rep Walter Jones said the waiver was granted last
      Reuter  -  228 words
    • Article
      Lock icon Imports/exports through Aqaba likely to increase further
      197 21 AFP THE VOLUME of imports and exports through Jordan's port of Aqaba increased by 12 per cent in 1987 from the previous year, and 1988 estimates suggest volume will soar further, according to statistics from the Ports Corporation (PC). Corporation director general Eid
      AFP  -  197 words
    • Article
      Lock icon Denmark may call on UN for further Gulf action
      182 21 Reuter DENMARK is considering ways to improve safety for Danish ships in the Gulf, including a call for UN Security Council action, after an attack on one of its supertankers. Danish Foreign Minister Uffe Ellemann-Jensen expressed concern about the growing attacks
      Reuter  -  182 words
    • Article
      SHIPPING LIST where your ships are due... and when
      8436 26 aaaaaiatLß 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
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    • Article
      LONDON FREIGHTS
      1285 27 ATTENTION on the London shipping freights market on Thursday focused on the US Gulf-Japan grain bulker rate as a futher sharp increase occurred Without full confirmation, it was reported that NYK paid US$27 (fio) to the Panagiotis L for a 52.000-ton February/March grain movement on that representative voyage
      1,285 words
    • Article
      SHIPS IN PORT
      1415 27 AT CONVENTIONAL WHARVES Nghio Bmh P2A 1502 1700 17 02 0600 Niogo <2 P2C 1502 0600 1602 0600 Vnnl Berth Arrival Departure Olympio PSA 15 02 0900 1602 0600 KEPPEL WHARVES JURONG PORT Bangkok Nave CS Ocean Equator V frota S pore johnevere" Koto Be'lion Ko'o Eksp'es
      1,415 words
    • Article
      Who acts for whom...
      2029 28 A—6 AB Shipping Boustead Shpg Agencies. ABC Containerize NV S'pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Ocean us Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American President Lines
      2,029 words
    • Article
      Lock icon South Korea pressing ahead with port schemes
      336 30 Lloyd's List THE PROSPECT of rapidly expanding trade with China has spurred the South Korean government to press ahead with a series of port development schemes A total of W0n137 billion (US$l74 million) will be invested up to 1991 to expand facilities along
      Lloyd's List  -  336 words
    • Article
      SHIPPING EVENTS
      167 30 Feb 15-16 40th Canadian Shipbuilding and Ship Repairing Association annual technical conference. Queen Elizabeth Hotel, Montreal. Canada Feb 16 The new pilotage Act, Nautical Institute (Dover Branch) meeting 1930 hrs, Royal Cinque Ports Yacht Club. Waterloo Crescent, Dover. Feb 16 Long thin/short fat (The frigate issue). Nautical Institute
      167 words
    • Article
      Seoul container manufacturers build more than 220,000 TEU
      147 30 SOUTH KOREAN container manufacturers produced the equivalent of more than 220,000 TEU, or 43 per cent of the world s total container output last year. However, they failed to meet their original target of 250.000 TEU due to violent labour disputes last
      147 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      737 19 TIMES STP Distributors Tmtt»a PuMifwif Croup SIN GAPO rE vk^S',, 1 ;0K •,l> ■U cV V .l-" OnjENT Overseas CotUtitm Line NORTH AMERICA ATLANTIC FXPRESS (ROUND THE WORID ROUTING' NORTH AMFRICA CALIFORNIA PN* MST CANADA JARDINE SHIPPING AGENCIES (Aof No 242** OOK 200 Cantonmont Road #12-06 Soottipwot S.nppore 020« Td
      737 words
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      Page 19 Advertisements Column 2
      148 19 JAPAN and West Germany will help in the development of Indonesia's Caraka Jaya shipbuilding programme. The assistance will be in the form of soft loans, probably starting at the beginning of the fifth Five Year Development Plan (Repelita V) period in 1989. Page ll THE UNITED STATES has waived a
      148 words
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      Page 19 Advertisements Column 3
      846 19 <*>• V OAMM 3m STP Distributors Tm»a MMnf Croup MAERSK LINE FOR FAST TRANSIT TO ANTWERP USE MAERSK LINE To Europe UK Scandinav a Finland IHIIIIIHI Tr*e MM Artd M Closing Time CY 17« 2300 M«S CFS 17/2 1300 MRS AMU) M LUNA M ARTHUR M M ROTTEROAAI 8804 LAUST
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      541 20 u Hapag-Lloyd CONV/SEMI-CONTAINER SERVICE TO MED EUROPE Singapore *****00 Bookings *****08 t CFS *****48 K. Lumpur *****25 P. Kelang *****18 CFS *****50 Penang *****7, *****2 COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA 1 OUTBOUND TO NORTH CONTINENT VILLE DC VENUS VILLE DE JUPITER E2aa32ca
      541 words
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      Page 20 Advertisements Column 2
      29 20 mT 6 and serv 'ces represented by clfT B°* ,h Registry of Accredited |f® sh; P p p p n 9 a A A sS,i' naapo< f N ionB
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      Page 20 Advertisements Column 3
      503 20 C SA V Corrpama SudArr.cr.can, > do Vjpcrcs S./ £> i,r. 1 d:< 4>'3r. TO/FROM FEEDER VESSEL CSAV 1 CSAV 2 S POK MOTHER VESSEL IP A VESSEL M CM CARRIER (T(W W) B VESSEL NK MICA IQQ AUTOf VALP SAI 1« Ifi V> tfi'*- 2W 2«M HQ Ifi tfi
      503 words
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      Page 21 Advertisements Column 1
      798 21 F&O Containers WiV'iM mi.A\; a;i»1 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK PEGASUS PROCRESS VSIIN PEGASUS PROGRESS VSI9N TOKIO EXPRESS NNR.OON BAY BCNAVON OSAKA MY KITAHO HAM LAMS lAY HONG KONG EXPRESS CARDIGAN lAY Ah© Accepting Cargo For: NoaMwf
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      Page 21 Advertisements Column 2
      741 21 The future looks good The solid support fora solid future is what NYK Group's total services provide. The NYK Group provides door-to-door service for your shipment. Using truck, train, plane and ship based on our computer simulation program, NYK saves you time and money. Over a century of tested experience
      741 words
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      Page 22 Advertisements Column 1
      307 22 US I NOSE V' MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN SHOJAAT Singapore W loading forBANDAR ABBAS (2nd call) KYOWA LINE 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, GUAM,
      307 words
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      Page 22 Advertisements Column 2
      774 22 fIC.&.LINE ItMA SM**UK FULLY CONTAINERISED SERVICE TO FIIROPf VIA SUfZ 1 Member of the Ace I ACE CONCORD 13" ORIENTAL CHIEF HN NEPTUNE DIAMOND 74W KOREAN JACEWON WW NEPTUNE CRYSTAL 44W CHINA CONTAINER 44W FROM ['JROPE VIA SUEZ Member ol the Ate Conwl.um S pore H Konf Kaothiunf Buun dull
      774 words
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      Page 22 Advertisements Column 3
      265 22 Wa FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO CHITTABOHfi: SAILING 22/2 27/2 FOR: PORTO, LISBON. ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER A ISTANBUL U.S.A. PAPUA NEW GUINEA PORT MORESBY, RABUAL, LAE KIETA, MADANG ft KIMBE NOUMEA 8/3 SUVA/LAUTOKA 8/3 AUCKLANO,
      265 words
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      Page 22 Advertisements Column 4
      871 22 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVE* GREET EVE* GLOME EVE* GENTLI EVE* GENTRY EVE* GUIDE EVER GOLDEN EVE* GUARD SCP HKG KSC KLG PUS nn w vn nn w *3 70 W IV) w TYO KSN CHS MAL w an v AM RIM FIX HBG UK IVI l«l 1M 3/3
      871 words
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      Page 23 Advertisements Column 1
      768 23 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE I HTC HITACHI NOO NAQOYA, POO PASIR GUOANG. ACCEPTING MORORAN CAROO VIAHKG JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE VESSEL SEA DRAGON SEA HAWK SEA DRAGON SEA HAWK BANGKOK CONTAINER SERVICE BTTEGRA SEA
      768 words
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      Page 23 Advertisements Column 2
      570 23 f BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT srotf ruMt Mm* Mm no an I*l liraaa MR an Mill In MM Imrni 12/3 un oukj b> IM an KitoM mn an an ur an an In I UH IV* Ma«*u<t Eiprasi IM 22M STON HAH 8 MAVtN ROAM MAVRt
      570 words
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      Page 23 Advertisements Column 3
      575 23 r EXPRESS SEMI CONTAINEIISNIP SERVICES SINGAPORE TO EUROPE VSL/VOY PALEMBANG/SWB 24-2S/2 GANOA BHAKTI 20WB 12-14/3 15/4 S. PANJANG/IfWB 23-25/3 KUTAI/14W1 2>-3Q/3 S POKE BILBAO ANTWERP H'BURG/ ROAM/ADAM BREMEN 24-2S/2 —38/3 2/4 12-14/3 15/4 11/4 21/4 23-25/3 25/4 2M RJW 5/5 »/5 Sufetact to A too «x«pttnq cargo to C—tolawca. Pot
      575 words
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      Page 23 Advertisements Column 4
      415 23 rage v BOUSTEAD SHIPPING AGENCIES S'pore NTONEYWA V232W 21/22 Fit PAGAN VIM 14/ li FA M AN Via« IMB Fab AVA MM am Feb PAGAN VI2SM 1/} Mir BUR P.Kpfeng Penang Bangkok 11/u f* n,72 Feb CLYDEBANK V22N FORTH BANK V2IN TAMAITAI SAMOA VI2N IVY BANK VZIN SPORE ROAM HULL
      415 words
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      Page 24 Advertisements Column 1
      1276 24 "K"LinE SHIPPIfIG OfVTfl ww»w ATLAfITIC COAST (Round-The-World Service) •PK/PNG SPORE LB CHLS NFK NYC MFX RAINBOW BRIDGE VII 13 Fab II Fab 12 Mir 22 Mar 24 Mar 26 Mar 30 Mar NEPTUNE GARNET Vl3 20 Fab 25 Fab 19 Mar 29 Mar 31 Mar 2 Ape 6 Apr ORIENTAL
      1,276 words
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      Page 24 Advertisements Column 2
      806 24 ■M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Smuoo't MM*| Vm* Lortmt tar. MotU ill By rS* By (Mdr HM/CllCMMMrit Ka«MU/taMay/C«c< nniwc>i»i'ii THEOOOR FONTANI V ISN S O NAGALANO V JBH INDIAN COUNH* VUN THEOOOR FONTANI V.UN 10 THIPURA V MM INDIAN COURIER VJBN THEOOOR FONTANI V 17N RAVI OAS
      806 words
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      Page 24 Advertisements Column 3
      638 24 CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA P M«A( Pomki ANSHUNJIANC In Port vum an on luon(4i« tn m m m u w FIN m w i 7/2 nn iu wi un QIWHIW MA 2M *7 nr.» ai ai TiTTv? sasr i" "sT W M s* 53
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      Page 24 Advertisements Column 4
      473 24 eh W3m m. a? 13 «u ■HI." LATTABA. KMHA2 TIWPOU, ALEMNONM. PORT IMO, mUEUt valttta aden Djibouti PHIU Oni€NT LIN€S PT€ LTD HEAD Of net 6.1 ROBINSON «OAO -0" AffiO ASIA BuUDINi SINGArORf GICS tm* as :ej?o ph'ii if 7?'Af>;t UK/EUROPE SERVICE I*7. tsn. m JEURO USA SERVICE m.»n. n/3
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      898 25 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD. rt EU/AUST TPA/SEA Terminal CFS BOOKINGS *****53 77K7C man *****53 *****19 mm* *****11 *****41 NEPLINE SDN BHO. MM7 INWARD/OUTWARD NEPLINE SON. BHD. 2U40J3 ENQUIRIES; *****44 NEPLINE SDN. BHD. I»»K7MM27«U/t77M2 NEPLINE SON. BHO. ZMMftWI A CONCORD 13W* (19/2) 21/2 10/3 U/3 12/3 0
      898 words
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      Page 25 Advertisements Column 2
      404 25 OOKAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN INCHON #No I Donam/ttlN •Clorii/WN No 7 Don«m/tO2N No I Donam/KIN No I DoiwmffCN No Donom/WN ETD BS BKK asm 1 am 10/02 am 17 m torn ism am i w am nm MO JI contjinor
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      Page 25 Advertisements Column 3
      704 25 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. RELAM PtNANC M/t HANDLING SYSTEM CO SON IMO ■gWS MAI THONG SHIPPING 127 Paw« Straat. Pawaßß, Malays
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      371 26 CORPORATION (PTE.) LTD. TIL 225 6868 <30 Lines' FAX *****39 *****76 TILEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B Dt UTFRACHT SEEREEDERE I p INTEGRATED FULL CONTAINER SERVICE "VIA COLOMBO: Accepting cargo tor INDIA Bombay. Cochin, Madras Calcutta ~VIA LARNACA: Accepting cargo (or Littakia, Piraeus, Thessatoniki,
      371 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      167 26 n Regional Weather 1 t N m m *rV 3C 6 LLm SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: °C cf w Wmd direction with speed in knots Wove height R Thunderstorm c V Shower Weather Wmd direction with speed m knots Ram Cloudy Sky Wov.
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      Page 27 Advertisements Column 1
      961 27 CSP SHIPPING AGENCIES PTE. LTD Tel: *****66 (16 Lines) Fax *****15 \\CSP\ F XED <CF5> CRYSTAL FREWHT SERVICES PTE LTD TO: ***** M UnM) 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,
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      Page 27 Advertisements Column 2
      235 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. rUI IRAQI LINE K'd S T *T| (o• ■miTidj EAST BOUND SERVICE ETA S PORE LOAOINC FOR ALFARABI 20/2 Japan WV SINOBAO 25/2 japan WEST BOUND SERVICE ETA S PORE LOAOINC FOR MV ALFARABI 20/3 jaddah Aqatu THROUGH B/U to BAGHDAD UPON REQUEST ALSO
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      706 28 RS KINK KINKH SHIPIMNT. PTK I I I) V 70 <>*vnton Wly 04 0?C Winni Hr>j<.e S por«> 0. 1 'I Tf L ??S9n;; (f, I ines) TI RS .7MI ft INfP (i EUROPE SERVICE tm m T*» Vli TM U3 US i$ a 8 JB v u/i I*l PAR
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      Page 28 Advertisements Column 2
      265 28 VESSEL 1/1 vessel in 7H m *t* 7/4 ACCEPTING CAJKfi to ADEIAIOE VIA MELBOURNE UK ALSO F& TO GUAM ZIM EJLAT CONTAIN EH UNI VCE |TRS I*o GOLD STAR LINE GOLD HILLA Abid)an/Apapa/L*fos/Cotonou Port Harcourt/Douala/T«ma/Monroia/LoiM 15/3 GOLD STREAM CTG, Colombo. Mombasa D.Li, Durban. Ifeputo 27/2 OSAKA MARU Durban, Port Elizabeth,
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      Page 28 Advertisements Column 3
      430 28 Everett Lines MANOLOEVERETT 1/4 Mar JOHNEVERETT 14/11 Iter MURRAYEVERETT 21/3 Mar PREFERENTIAL BERTH IN CALCUTTA AT KPD CALL SUBJECT TO INDUCEMENT PS. SINGAPORE FAX N0.*****M A TELEX NO RSQ3M Everett Steamship Corpn.S/A PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE/JAKARTA VOY SINGAPORE JAKARTA PANJANG ETA ETD ETA ETO ETA ETD RATU
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      Page 29 Advertisements Column 1
      51 29 RANGOON/CALCUTTA (S'PORE/RGN/CAICUTTA/S'PORE) Eta S'pore Eta Rangoon MV KHUNKAEK Vl6/88 27/2 4/3 SEACLIPPCR SHIPPING ENTERPRISES PTE LTD TEL: *****56 TLX: ***** SSEPL TAI KUANG HANG CO PTE LTD Vessel Destination Etd MV CHRISTINA PALEMBANG/PONTIANAK 25/2 MV MARINA I PALEMBANG/PONTIANAK 27/2 105 Cecil Street #1*43/04 THE OCTAGON Singapore 0108. Tel: *****77/*****73 FAX:
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      Page 29 Advertisements Column 2
      81 29 P.T. TYTYAN SAMODRA SHIPPING COY Envi Services Pte Ltd Tel: *****55 Tlx. RS ***** ENVISV Fax: *****28 SPORE/ MOMBASA MV LADY OF LORNE IN PORT TILL 22/23 FEB AGENTS WINDMILL TEL: *****21 TLX: R*****7 I TAYO shipping lines Pte TEL *****25 (3 Unci) TLX RS ***** TAVOIN I fa* JKIM7
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      Page 29 Advertisements Column 3
      599 29 LCL/FCL SERVICE WETA, RABAUL, LAC. MAOANO. WEWAK. SOLOMON ISLANDS HONIARA NEW CALEDONIA NOUMEA TAHm PAEETE E. MALAYSIA S BRUNEI EUROPE, USA, CANADA A AUSTRALIA TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LUCKY SEAWAY SERVICES PTE LTD TIl ***** Fai: *****77 S.E.ASIA/CHINA SERVICES SGP PKLANC PNG FOR TSW 15/3 SHANGHAI
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      Page 29 Advertisements Column 4
      566 29 POH TIONG CHOON SHIPPING (PTE) LTD TEL: *****66 (10 LINES) FAX: *****41 TELEX: R*****6 POHSHIP LCL/FCL SERVICE TO KEELUNG/KAO 21/2 28/2 6/3 BUSAN 15/2 21/2 1/3 HONG KONG 22/2 1/3 7/3 TOKYO/YOKO 18/2 25/2 3/3 BANGKOK 20/2 27/2 5/3 UK/EUROPE 24/2 9/3 21/3 JAKARTA 20/2 USA/CANADA 6/3 14/2 26/2 MANILA
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      Page 29 Advertisements Column 5
      411 29 PERCH OCEAN LINES: (Perfect China Ocean Shipping Lines) CHINA SERVICES Destinations: FROM PORT KELANG/SINGAPORE SHANTOU, GUANGZHOU HUANGPU, XIAMEN WEEK I V HAIKOU, ZHANJIANG HELM. I XINGANG, QINGOAO SAILINGS SHANGHAI I OTHER PORTS SINGAPORE AGENTS: PKELANG/KLUMPUR AGENTS: RAPID SHIPPING PTE LTD JOHANN FREIGHT S/B. TEL: *****77 TLX: ***** TEL: *****25/6/7 TLX:
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      Page 30 Advertisements Column 1
      367 30 UL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines). TLX RS ***** 8. RS ***** fc\ I \s| I K\ \K I IM K. III) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS Saiboku 'Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE
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      Page 30 Advertisements Column 2
      551 30 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/OJLF/CANAOA/MEXICO AND FRENCH WEST INWES Cowctim vsi MJOMKR6 ATL. ATLANTIC CONCERT STUTTGART EXPRESS VSI Sft jLtHwe [Ctwctwn VSI Hijifit Montreal TOT AM Ami WW NUERNBERG ATL Ynrk B PtRMAI WD ZW 1W ATLANTIC CONCERT I*!?" 01 TOr KORRICAN 2*7 17/3
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      Page 30 Advertisements Column 3
      302 30 LCL WEEKLY SERVICE TO: KEELUNG 24/2 HAM/BREM 16/2 BANGKOK 17/2 ROTTHUMM 18/2 HONGKONG 18/2 TILBURY 18/2 FRBMANTLE 18/2 SYO/MELB 21/2 ADELAIDE 16/2 (transit tlms 12 days) WEEKLY CONSOL. SERVICE FROM GERMANY CON-CARRIER 57/87 CON-CARRIER 58/87 ETD GERMANY ETA S PORE 28/1 18/2 3/2 25/2 LCL SERVICE TO CARRIBEAN PORTS ST.
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      Page 30 Advertisements Column 4
      800 30 mi/mm CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 <©•-0512/4, *****3 07-*****8 SJ3JHL nU75 Sim *****1 42-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDCR ■> 1 M r—n nr» i:' I butanc BUTANC n delft OTHER DESTINATIONS AABHUS. AMSTERDAM. ANTWERP. BASLE. BREMEN
      800 words