The Business Times, 24 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 WEDNESDAY, FEBRUARY 24, 1988 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    279 1 Dow Jones higher WALL STREET stocks were slightly higher in active trading early yesterday. Some mild early morning profit-tak-ing gave way to renewed buying when the dollar and bond markets steadied. Fed chairman Greenspan's congressional testimony provided little new information to help investors in the early going.
    279 words
  • Article, Illustration
    Singapore, HK shares finish lower
    152 1 SHARE prices on the Tokyo and Australian markets closed firm yesterday while profit-taking weakened prices in the Hongkong and Singapore markets. The lower closings on the Hongkong and Singapore markets took place despite Wall Street's 25.7-point rise to 2,040.29, its second highest point since October's
    152 words
  • Article
    US dollar eases against major currencies
    167 1 THE US DOLLAR yesterday finished firmer against the Singapore currency but closed lower against major trading currencies in Asian foreign exchange markets. In Tokyo, the the dollar finished at 128.50 Japanese yen and 1.6908 German marks, down from Monday's New York close of 129.25
    167 words
  • Article
    Lock icon Large gas and petroleum reserves found off Argentina
    361 1 AFP A CONSORTIUM of French, Argentine and German prospectors has discovered vast gas and petroleum reserves off the tip of South America that constitute "the most important find of the decade", Argentine Energy Secretary Jorge Lapena announced on Monday. The Total Austral-Bridas-De-minex
    AFP  -  361 words
  • Article
    Lock icon More oil investment for Indonesia
    103 1 AFP FOREIGN OIL contractors operating in Indonesia plan to boost exploration and development spending in Indonesia in the financial year starting on April 1, the state oil company Pertamina said yesterday. Foreign contractors already producing oil or gas have budgeted US$2.3 billion in 1988/89, 31
    AFP  -  103 words
  • Article
    SES to introduce new floor trading system
    539 1  -  By CORRINA LIM THE STOCKBROKING community will have to contend with yet another change a new floor trading system when the SES moves its trading floor, at present located at Hong Leong Building, to its new office at OUB Centre in May or
    539 words
  • Article
    Exporters off to a vigorous start in January
    426 1  -  Value up 35pc over year-ago month By BOEY KIT YIN SINGAPORE'S exports last month totalled $5.7 billion a record, compared to January export levels in previous years. The vigorous start to the new year resulted in a 35.1 per cent growth in
    426 words
  • Article
    Chandra Das to raise GSP issue
    53 1 MR S Chandra Das (the Member of Parliament for Chong Boon) will raise the matter on the United States withdrawal of the Generalised System of Preferences status for Singapore at the parliamentary sitting on Thursday, according to a statement from the office of the
    53 words
  • Article
    Sembawang Shipyard profits up 50pc
    349 1 THE STRONG RECOVERY in the shiprepair business has helped a major shipyard to boost its pretax profits for last year by more than 50 per cent. After several bleak years, Sembawang Shipyard the first maritime company to release its results moved strongly into the black
    349 words
  • Article
    Lock icon PM to visit Pakistan and India, say diplomatic circles
    145 1 AFP PRIME MINISTER Lee Kuan Yew is to visit India and Pakistan next month, reviving a plan that had been under consideration since early last year, diplomatic sources said yesterday. The sources said the two-na-tion trip for a week starting in
    AFP  -  145 words
  • Article
    Dhana to attend Roh's inauguration
    62 1 THE MINISTER for Foreign Affairs and National Development. Mr S Dhanabalan. will attend tha inauguration of Mr Ron Tse-Woo as President of tha Republic of Korea tomorrow. Mr Dhanabalan will return to Singapore on Friday. During hie abaence, Mr Wong Kan Seng, Minister for Community
    62 words
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      167 1 1 Cloth by i hrmonegiklo Zogna -i; Full local report, Pago 14 Regional markets, Page 16 World markets, Page 17 Thorn EM J Renta Is You make the presentation, we ll handle the rest V: 10CT Sony Projection System $800/ day. Ideal for seminars, conferences, and training classes. Also available.
      167 words
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      Page 1 Advertisements Column 2
      397 1 FOCUS, P«fl» 3 Manufacturers' domestic exports top $39 billion Rags produced even more riches last year S pore's top 10 markets take 73pc of exports Hotels: old versus new NEW HOTELS have entered the arena In the last few years, giving older establishments a run for their money. One way
      397 words
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      95 1 Melwani, exclusively male. ELWANI •01-18 international BuiWmglNem to Lido TH *****42 »02 SVS6/58 Wisma Atria Tel *****26 *02 14/15 Shaw Centre Tel *****42 *02 23 Plaza Singapore W 3363*29 2nd level Metro Grand Scats Te< *****63 Ist level Metro Manna Square W *****75 •tort lor Roll's Inauguration, Paga It IMB
      95 words
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  • HOME NEWS
    • Article
      Big Indian company to set up a marketing operation
      546 2  -  Synthetic raw materials for textile mills in the region By HARISH MEHTA ONE OF INDIA'S largest companies, Reliance Industries Ltd. is to set up a regional marketing operation in Singapore to sell synthetic raw materials to textile manufacturers in the region.
      546 words
    • Article, Illustration
      The fate that awaits fakes
      152 2 THIS IS WHAT HAPPENS to fakes: a Caterpillar crawls all over them and crushes them into the ground. Last May, police from the Jurong police station raided Sound Enterprise Pte Ltd and found 6,200 pieces of fully assembled fake TDK audio cassette tapes. Also found
      152 words
    • Article
      Trade team to Mauritius and Reunion Island
      139 2 THE SINGAPORE Chinese Chamber of Commerce and Industry is organising a trade and investment mission to Mauritius and Reunion Island. The mission, the chamber's first there, will be the first in a series under the leadership of its president, Mr Linn In Hua,
      139 words
    • Article
      Corrections and clarifications
      58 2 IN A FEB 16 REPORT, BT said that Singapore Press Holdings donated $1.5 million to the Community Chest last year. The Chest has clarified that SPH's donations last year came to $81,865.50. SPH donated a total of $1.5 million to community welfare, charities and cultural development, including
      58 words
    • Article
      Carlton joins Swiss hotel group
      182 2 CARLTON HOTEL, which is opening this July, has joined Swiss International Hotels (SIH), making it the group's only member hotel in Singapore. The Swiss group is a management association whose members are either owned or run by Swiss nationals or experienced Swiss hoteliers. The hotel
      182 words
    • Article
      Nikko considering operations in Thailand and Malaysia
      513 2  -  By ANNA TEO TOY MAKER Nikko is considering starting production in Thailand and Malaysia to take over from Singapore part of the production for the US market. With about half its output of radio-controlled cars headed for the US, Nikko Electronics Toy Pte
      513 words
    • Article
      Local firm to make refrigerated containers for British company
      367 2 SINGAPORE-MADE refrigerated containers will hit the world market for the first time in October under an agreement between a local firm and a British company. Nam Lee Industries recently signed a contract to produce containers for UK-based Sea Containers, the world's
      367 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      280 2 UEOW BIEW BENQ is now the director/general manager of Singatronics Limited. Mr Leow is a first-class honours graduate in mechanical engineering from the University of Singapore and holds a Master of Science degree from Leeds University in the UK. Before joining Singatronics, he was deputy general manager
      280 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      549 2 THE PEOPLE WHO STARTED THE PC WORLD TALKING ARE ABOUT TO RENDER IT SPEECHLESS. i <" <• Smarunodem °oU( ffi Hayes MR I\( \<>. tor s\l IH I Ml HAYES INTRODUCES THE V-SERIES MODEMS The new Hayes V-series systems products promise to have no less profound an effect on the
      549 words
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      Page 2 Advertisements Column 2
      39 2 77 7 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day MONTHLY AT$l65O The SPECIALIST in corporate car f j rental. Call our HOTLINE noft: 469 1455 ORIENT CAR LEASING PTE LTD 913, Bukit Timah Road, Singapore 2158
      39 words
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  • FOCUS
    • Article
      Manufacturers' domestic exports top $39 billion
      656 3  -  Singapore's trade performance last year surpassed the official targets, with domestic exports doing especially well in spite of the strength of the local dollar against the greenback. The outlook for this year is good, but there will be obstacles to overcome. BOEY KIT YIN
      656 words
    • Article
      Rags produced even more riches last year
      430 3 THE RAG TRADE fared better than expected last year with exports amounting to almost $1.5 billion. The most optimistic forecast by the industry last year was 20-per-cent growth. But actual growth recorded was a 38.7-per-cent improvement over 1986. The growth could be attributed
      430 words
    • Article, Illustration
      Lock icon S'pore's top 10 markets take 73pc of exports
      556 3 SINGAPORE'S top 10 export markets, with their purchases of about $44 billion, accounted for 73 per cent of the republic's global exports last year. These were the United States, Malaysia, Japan, Hongkong, Thailand, West Germany, the United Kingdom, Australia, Taiwan and China.
      Source: Department of Statistics  -  556 words
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      Page 3 Advertisements Column 1
      229 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
      229 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Gatt debates re-entry of China this week
      586 4 Plenty of goodwill expected Reuter CHINA WILL FIND plenty of goodwill when the Gatt world trade body starts debating its request to rejoin this week, but delegates predicted some hard questions about China's commitment to free trade principles. Discussion of China's application, seen
      Reuter  -  586 words
    • Article
      Lock icon KIA in talks with China and Hungary
      199 4 AFP A LEADING South Korean carmaker, KIA, is negotiating with China and Hungary to set up car and truck assembly plants, a company spokesman said on Tuesday. "It's true that negotiations are under way to set up assembly lines in China and Hungary,"
      AFP  -  199 words
    • Article
      Lock icon China's GNP now ranks seventh in the world
      226 4 AP CHINA'S gross national product, which has been rising at a healthy rate of 9 per cent annually in recent years, now ranks seventh in the world, according to statistics. Statistics released by the State Statistics Bureau on Monday show China's GNP,
      AP  -  226 words
    • Article
      Lock icon Australian minister to visit Indonesia
      306 4 AFP AUSTRALIAN Foreign Minister Bill Hayden is due in Indonesia on Friday for a low-key visit during which he is expected to emphasise rising Australian investment and bilateral trade, Australian diplomats in Jakarta said. The three-day visit, during which Mr Hayden will meet Foreign Minister
      AFP  -  306 words
    • Article
      Lock icon Trade accord with Israel signed
      130 4 AFP AUSTRALIAN Foreign Minister Bill Hayden and his Israeli counterpart Shimon Peres on Monday signed an agreement to boost trade between their countries, government sources said. Under the accord, Israel and Australia will also cooperate in the creation of joint projects in various fields. Mr
      AFP  -  130 words
    • Article
      Lock icon Australian inflation rate forecast to fall
      207 4 Reuter AUSTRALIA'S inflation rate should fall almost a full percentage point in calendar 1988 to about 6.2 per cent, the National Australia Bank Ltd said. Provided commodity prices remain strong and the US dollar stays weak, inflation should fall from the 7.1 per cent
      Reuter  -  207 words
    • Article, Illustration
      Lock icon Beijing missed chance to normalise ties: Mochtar
      408 4 AP CHINA long ago passed up a good opportunity to normalise diplomatic relations with Indonesia, Foreign Minister Mochtar Kusumaatmadja said on Monday. He said Chinese Foreign Minister Wu Xueqian had the opportunity to meet Indonesian leader President Suharto privately on April 24, 1985,
      AP  -  408 words
    • Article
      Lock icon NZ to repay almost US$1b of foreign debt
      195 4 Reuter NEW ZEALAND said on Monday that it would repay almost US$l billion of its foreign debt within a few weeks, its first debt repayment in several years. In a separate announcement, the government said it would allow Australia's Ansett Airline to
      Reuter  -  195 words
    • Article
      Lock icon Indian budget to put economy back on track
      321 4 Reuter EFFORTS to drag India's economy back on course after last year's disastrous drought and close the cash gap threatening the country's ambitious development plans are expected to mark next week's budget. When Finance Minister Narain Dutt Tiwari delivers his budget on
      Reuter  -  321 words
    • Article
      Lock icon Philippine Senate passes Bill in bid to tackle Mindanao issue
      213 4 OanaBernama THE PHILIPPINE Senate approved on Monday a Bill creating the Regional Consultative Commission (RCC) to assist Congress in enacting an Act for the autonomous region in Muslim Mindanao. In the House of Representatives, a similar Bill was approved by
      Oana- Bernama  -  213 words
    • Article
      Lock icon Manila against bases debate
      135 4 Reuter PHILIPPINE Foreign Secretary Raul Manglapus has warned against open government debate on US bases in the Philippines, saying it would give Washington a chance to use its power to convince Filipinos to keep them. "As in poker, one does not telegraph one's punches. Let us
      Reuter  -  135 words
    • Article
      Lock icon Hardline Fijian movement seeks to change militant image
      229 4 AFP FIJI'S HARDLINE ethnic Taukei Movement wants to replace its militant image with one of respectability. Information Minister Ratu Inoke Kubuabola said in Suva yesterday. "Our problem is that we have been branded a militant group that does not care about people's
      AFP  -  229 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      870 4 ARRIVALS Operator Sorvk* Local From number tkne OA OA471 0015 ATH SiA SQU 0115 LAX/NTT UA UA805 0120 SFO/HKG SIA SQ41 0610 MAA SU SQ47 0655 DEL MAS MH681 0820 KUL KAL KE624 0850 KUL SIA SQ31 0850 PAt/ROM MAS MH811 0910 PEN MAS MH671 0920 KUL
      870 words
  • Page 4 Advertisements
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      100 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. Carefully chosen from the best US Prime Beef and grilled to a sizzling perfection, served with a baked Idaho Potato and a Caesar Salad. Complemented by
      100 words
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      58 4 I a Aj\ I I a \|X I The business person's choice, every I I II \I I ll II I Tuesdoy. Thursdoy. Saturday and Sunday. I M ml I W\ Leaving Changi Airport at 22:05 1 JV._L Vyl hours and arriving Heathrow early the following momma. Call your Travel
      58 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon US Navy Secretary quits over defence cuts
      414 5 Reuter US NAVY Secretary James Webb, feeling betrayed by a Pentagon decision to cut defence costs by postponing plans for a 600-ship navy by 1990, has resigned, 10 months after taking the job, with a broadside at his boss. Although Reagan Administration officials'said
      Reuter  -  414 words
    • Article
      Lock icon Socialist Party hints that Waldheim should step down
      249 5 AP THE SOCIALIST PARTY leaderShip, noting that the authority of Austrian Federal President Kurt Waldheim is badly shaken, on Monday strongly suggested he should step down but stopped short of calling for his resignation. The meeting of top party functionaries, including Chancellor
      AP  -  249 words
    • Article, Illustration
      Lock icon 'Afghanistan not a bridgehead for expansion'
      374 5 AFP THE SOVIET UNION has no "secret plans" to use Afghanistan as a bridgehead for expansion, Soviet leader Mikhail Gorbachev told the US Secretary of State George Shultz on Monday. "The Soviet Union never had and does not have any secret plans whatsoever or
      AFP  -  374 words
    • Article
      Lock icon Balkan ministers to discuss cooperation
      147 5 UPI THE FOREIGN MINISTERS of all six Balkan countries, divided for centuries by religion and ideology, are meeting for the first time this week to try to promote cooperation. Albania, Bulgaria. Greece, Rumania and Turkey sent their foreign ministers to Belgrade, the capital of Yugoslavia,
      UPI  -  147 words
    • Article
      Botswana unwraps cautious budget
      147 5 BOTSWANA unveiled a cautious 1988/89 budget on Monday which forecast increased revenue and a modest pay rise for the country's civil servants, the official Botswana Press Agency (BOPA) said. Vice-president and Finance Minister Peter Mmusi, presenting the budget to parliament, said Botswana's finances were healthy, but
      147 words
    • Article
      Lock icon American budget shows surplus of US$16b
      215 5 Reuter THE AMERICAN GOVERNMENT had a budget surplus of U5516.09 billion in January, largely because of a fluke in the timing of cheque mailings to pensioners, the Treasury Department said on Monday. Analysts had expected a January budget surplus, although not as high as
      Reuter  -  215 words
    • Article
      Lock icon US enjoys record rise in tourist numbers
      169 5 Reuter A FALLING DOLLAR inspired a record increase of foreign visitors to the United States in 1967, with Japanese tourists spending more than Mexicans for the first time, the US Commerce Department said on Monday. Nearly 29 million foreigners visited the country last
      Reuter  -  169 words
    • Article
      Lock icon Bonn feels US pressure to reflate economy
      597 5 Early German response not expected Reuter RECENT COMMENTS by US leaders have suggested to West Germans that American pressure is again building up on them to boost their slack economy but there is a consensus that Washington may not get much of a
      Reuter  -  597 words
    • Article
      Lock icon Japan gets backing of American farm groups
      237 5 Reuter THREE US farm organisations, in a move bound to anger the Reagan administration, have thrown their support behind Japan in a row over Tokyo's quotas on beef and oranges, a top Japanese farm official said on Monday. Tokuo Matsumoto, managing director of
      Reuter  -  237 words
    • Article
      Lock icon Azores base expected to top Portuguese PM's talks in US
      290 5 Reuter THE THORNY ISSUE of how much the US should pay for its key air force base on the Azores was expected to dominate talks when Portuguese Prime Minister Anibal Cavaco Silva travelled to Washington yesterday. Portuguese officials said US
      Reuter  -  290 words
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      205 5 EM I i •V r 1/ t-a /ij 4 r. v rt 4*. N r r'V J r K While you invite them to a Yli Sheng party, we invite you to have it at Sommerville Restaurant It is a tradition to wish your friends and business associates the very
      205 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      108 5 wmn V/S'A Max/ Mote Mln (°C) 30/13 Fin. 05-01 Cloudy 05/00 Cloudy 20/14 Roin 34/23 Clear 21/— Cloudy 03-04 Cloudy 14/09 Rain 04/00 Cloudy 07/04 Cloudy unav 06/00 Cloudy 29/17 Fin. 13-03 Cloudy 32/22 Clear 19/12 Cloudy 12/01 Clear 32/08 Fine 26/17 Cloudy -2-17 Cloudy 06/02 Cloudy 32/24 Fine 08/05
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    • Miscellaneous
      Page 5 Miscellaneous Column 2
      4 5 Doonesbury by garry trudeau
      4 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1397 6 SINGAPORE: THE US DOLLAR closed easier yesterday but above the day's lows against most major currencies in fairly active trading, dealers said. They said the dollar opened slightly below New York's levels but fell to a low of 128.40 yen and 1.6900 marks at mid-morn-ing on selling by
      1,397 words
    • Article
      Comex gold/silver futures
      149 6 Gold futures on Feb 22 100 troy ounces; US$ p«r troy ounce Opan High Lo« Same Fab 444.80 447.20 445.00 444.90 -0.20 «Aor 444.90 -0.40 Ap» 447X10 449.70 447.10 447AO -040 Jun 451.50 454.30 45IJ0 452.10 -0.40 *"9 ***** 458.80 458.00 456.90 -0.40 Oa ***** 462.90 461-70
      149 words
    • Article
      Options
      1252 6 CURRENCY FUTURES OPTIONS Tueiday, February 23 1988 DEUTSCHE MARK (SIMEX) Iter M ceNs Mar M puts High Low M High Low M 54 CAI 55 CAI 56 CAI 57 214* 219 3 5« 120* 124 SA 6 59 471 51 33A 31 60 131 15 98A 94 3 1B5A
      1,252 words
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      165 6 /w CREDIT POSB. THE FORMULA FOR A COMFORTABLE HOME. -c -o O CD CO CO CD CO >> >> Many Singaporeans have trusted and relied on the POSB way of savings to give them the feeling of security and peace of mind. Now you can enjoy the comforts of home
      165 words
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      Page 6 Advertisements Column 2
      9 6 IB BANQUEINDOSUEZ 3 Shenton Way. Shenton House. Singapore 0106
      9 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Efforts to resolve Third World debt crisis to be tested soon
      641 7 Reuter EFFORTS TO RESOLVE the debt crisis will be tested on Friday when the deadline passes for foreign bank creditors to respond to Mexico's latest debt relief plan. The Third World's second biggest debtor touched off Latin America's US$4lO
      Reuter  -  641 words
    • Article, Illustration
      World interest rates
      178 7 Indicates ttw ivtfiQt ol the prim* tending rates of 12 ma|or banks In S'por* Interbank market rates (offer/bid) on Feb 23 uss DM SWFC Y«fl doyt 13/16 11/1* 5/8 1/2 3 1/J 3/8 i i/a —1/4 4 1/1* 3 15/1* 13/16 11/16 8 7/8 3/4 3 7/16
      178 words
    • Article
      Government securities market
      84 7 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****A 20.5.88 2.93 2.88 2.92 2.88 6 month* BY*****S 30.6.88 2.99 2.94 2.96 2.96 1 yoor BY*****T 24.11.88 3.00 2.95 2.95 2.95 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
      84 words
    • Article
      Money markets
      66 7 THE OVERNIGHT rate on tha Singapore interbank market tell K point to closa at 1% par cant yastarday. Ona and thraa months ware unchanged while two months rose 1/16. S$ Interbank rates at 12 noon y ester day: Off» MO Overnight 1 3/4 1 1/2 1 -month 3
      66 words
    • Article
      Lock icon Philippine development banks' assets up
      100 7 Reuter THE COMBINED assets of the Philippines' 42 private development banks grew 19.2 per cent to 5.41 billion pesos at end-1987 from 4.54 billion a year earlier. The Central Bank said on Monday the development banks' cash holdings fell to 797 million pesos at year-end
      Reuter  -  100 words
    • Article
      Lock icon Appeal rejected
      47 7 Reuter ZURICH legal authorities have rejected an appeal by Credit Suisse to keep the banking records of former Philippine President Ferdinand Marcos secret. A spokesman for the proeecutor's office confirmed a Swiss Radio report on Monday that the bank's appeal had been turned down. Reuter
      Reuter  -  47 words
    • Article
      Lock icon China planning debt control
      383 7 A central body to approve borrowings FT THE CHINESE government, concerned that a lack of central control over foreign borrowing could lead to serious debt problems, has plans to establish a new body to monitor debt levels and approve new borrowing. Cftina now has five organisations
      FT  -  383 words
    • Article
      Lock icon First RepublicBank denies bailout, merger rumours
      152 7 Reuter THE First Republicßank Corp has denied reports that the bank holding company is engaged in merger or bailout proposals. Gerald Pronterhouse, chairman of the Dallasbaaed firm, said on Monday that First Republicßank Corp was "not involved in merger or acquisition discussions with anyone".
      Reuter  -  152 words
    • Article
      Simex
      429 7 JUNE Eurodollar opened slightly firmer on Simex yesterday on carry over buying from late short covering in Chicago due to the US budget surplus in January. However, buying interest fizzled out as the US dollar broke 129.00 yen. Trading activity was quiet as market participants were sidelined ahead of
      429 words
    • Article
      Lock icon IMM
      257 7 Reuter IMM foreign currency futures closed higher on Monday but below session highs in slow trading. Scattered selling emerged late in the day after news of a larger-than-expected U5516.09 billion US January budget surplus. With no other news to influence activity, the figures prompted profit-taking. The market had already
      Reuter  -  257 words
    • Article
      Lock icon Asian dollar market
      235 7 Reuter ASIAN DOLLAR deposit rates closed steady yesterday at opening levels after a day of quiet trading. Most operators were sidelined as they awaited yeeterday's release of US January durable goods orders. Short-dates were unchanged at the outset due to a steady US Fed funds rate and
      Reuter  -  235 words
    • Article
      Carter Holt Harvey gets US$45m facility
      271 7  -  By ALVIN TAY Banking Correspondent CARTER HOLT Harvey Finance NV yesterday signed a US$45 million revolving credit facility with a group of banks led by Kanaallia International Bank (AaiaPacific) Ltd. The three year financing is guaranteed by New Zea-land-baaed Carter Holt Harvey Ltd. The
      271 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      156 7 DdUpHIN OFFICE SEATING •r 8 ENGINEERED UKE NO OTHER CHAIR Superb in every detail. Technically and visually, probably the best in the world. And lasting value for your money. There's a Dauphin chair for everyone in the modern office. Different chairs for people who are waiting, typing, sitting at a
      156 words
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      Page 7 Advertisements Column 2
      94 7 THE CRICKETER SPORTING SPECIAL The Cricketer English Pub is offering a sporting luncheon special of whole Roasted Sirloin of Beef on the Wagon, with Salad, Country Bread, Cheese Board, Dessert and Fresh Fruits for $14+ 12 noon to 2.30pm, Mon to Sat. The Cricketer also features Draft Beer, Hot Roast
      94 words
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  • COMMODITIES
    • Article
      Lock icon KLCE to increase size of tin futures contract
      737 8 Move to attract participants Bernama THE KUALA LUMPUR Commodity Exchange (KLCE) will change the contract size of tin futures being traded on the exchange from one tonne to five tonnes, chief executive Syed Abdul Jabbar Shababudin said yesterday. As a result, the
      Bernama  -  737 words
    • Article, Illustration
      Lock icon New chairman for US futures agency
      188 8 Reuter WENDY GRAMM was sworn in by President Reagan as chairman of the Commodity Futures Trading Commission (CFTC) at a private White House ceremony on Monday. Gramm, 43, a Hawaii native, replaces Susan Phillips, who resigned last August to return to the University of
      Reuter  -  188 words
    • Article
      Lock icon Palm Oil
      458 8 Bernama ES Reuter Crude palm oil futures finished lower in quiet trading yesterday on the Kuala Lumpur Commodity Exchange. The market was in line with the lower overnight Chicago Board of Trade as prices fluctuated within the narrow range for most of the day. Spot month March was
      Bernama ES; Reuter  -  458 words
    • Article
      Lock icon 22 CBOT traders face civil charges
      159 8 AP THE Commodity Futures Trading Commission has notified 22 traders at the Chicago Board of Trade that it will recommend civil charges of pre-arranged and fraudulent trading against them. The case, reportedly involving trading at the world's biggest market for US Treasury bond futures,
      AP  -  159 words
    • Article
      London Markets
      291 8 London Commodity Exchange Buyor/SoHor dik vg pricos on F«b 22 li/tonr* union ipodflod). Previous doting pricos in paramhosh. Coda* Ba»i» In-ttor* London, lollori option CIF London Mar 1278/1279 (1265/1266) High/Low 1289/1273 May 1309/1310 (1295/1296) High/Low 1325/1303 Sol** (4663) Cocoa Mar 1043/1045 (1042/1043) High/Low 1047/1039 May 1066/1067 (1066/1067) High/Low
      291 words
    • Article
      Oil and Products
      74 8 NAPHTHA levels exhibited some firmness because of tight supplies. All other products however stayed reasonably stable with a lack of clear-cut direction. USt/borral Chang* Duboi (April) 14.78 -0.09 Wm Taaof WTI (April) 16.49 -0.18 Products (FOB S'pore) US$/borr»4 Oiong* Ktratant 2165 undi Go toil 19.70 ♦0.10 Low
      74 words
    • Article
      Lock icon Japan imports less crude oil
      64 8 AFP JAPAN'S crude oil imports in January totalled 111.9 million barrels, down 1.2 per cent from a year ago. A government report released by the Ministry of International Trade and Industry yesterday said that 56 per cent of total imports during the month came through
      AFP  -  64 words
    • Article
      Lock icon Philippine official defends commodity imports
      273 8 Reuter AGRICULTURE Secretary Carlos Dominguez has defended imports of key agricultural commodities by the Philippines this year, saying it was inevitable because of production cuts caused by drought and typhoons. Manila will import rice, sugar and corn. "I am not certain if the drought has
      Reuter  -  273 words
    • Article
      Lock icon Malaysian rubber production up
      120 8 Bernama MALAYSIA produced a total of 1.580.555 tonnes of rubber in 1987, up 41,917 tonnes from the previous year. Of this. 1,082,502 tonnes were from the small holdings sector while the estates sector contributed 498,053 tonnes, the Statistics De- partment said in releasing figures for the
      Bernama  -  120 words
    • Article
      Lock icon Precious Metals
      355 8 Reuter HONGKONG: GOLD closed little changed yesterday in fairly slow trading mainly on late selling. Trading was dominated by the movement of the US dollar, whose weakness pushed gold to a high of US$445 30/80 an ounce But investors were reluctant to take large positions ahead of Federal
      Reuter  -  355 words
    • Article
      Lock icon Soybean
      231 8 Reuter SOYBEAN FUTURES, which extended gains at midday, closed on Monday with losses on the Chicago Board of Trade in old crop months and slight gains in new crop. Prices were off 6-1/2 to up three cents a bushel. March ended 3-3/4 cents lower at U556.27-1/4 after dipping to
      Reuter  -  231 words
    • Article
      Lock icon Wheat
      227 8 Reuter WHEAT FUTURES closed mixed on the Chicago Board of Trade on Monday with prices up 1-1/4 to off 3/4 cents a bushel. March settled 1/4 cent higher at U553.22-1/4. Traders said prices were firm in the nearbys and easier in the deferreds on in-ter-month spreading. Ideas the CCC's
      Reuter  -  227 words
    • Article
      Produce Prices
      136 8 FAMA Oe*g priow on Fofe 23 A-1 Spodol 223 Coconut oil (m$/iook 0 Loonzoin Rice Now drum 2nd hand drum ftufc 153.00 100% 2nd grod* Parboiled Rice 315 147.00 138.00 local In buft 135.00 5% 315 Copra (ms/lookg) 10% 310 No 1 (Mate) No 2 (tmoHholdon) 85.00 80.00
      136 words
    • Article
      Lock icon KL Tin
      127 8 Reuter THE PRICE OF TM on «M Kuala Lumpur Tin Marfcat (KLTM) roee two canta yeetarday from Monday lo doaa at MT17.28 a kg In continued qulat trading, dealers aakl. Tha galna reflected a stronger ataiilng agalnat tha rlnggN and a rtaa In ovomtght Europaan spot markat prleaa,
      Reuter  -  127 words
    • Article
      Lock icon Rubber
      330 8 Reuter SINGAPORE THE rubber market closed slightly easier yesterday with March 1 RSS buyers quoted at 219.00 cents/kilo, down a cent from Monday's close, dealers said. Prices were up slightly at the outset but eased in subsequent quiet morning trading on lack of fol-low-through buying support and some long
      Reuter  -  330 words
    • Article
      RAS and MRELB
      236 8 RAS prices msc •nta/kg. FO« In bah M NOON CLOSE Bwyori Sellers Bwyon C-M metiers tnt 1 RSS Prompt 222.00 223.00N 222.00 223.00N ln» 1 RSS Mor 88 1 219.00 219J0 219.00 219 JO lot 1 RSS Apr 88 218.00 218.50 218.00 218 JO in* 2 RSS
      236 words
    • Article
      SSR and SMR
      77 8 (cam/kg, 1-ton poM*n) RAS MARCH 1988 (currant month) NOON S*N*n APRIL 1988 (forward month) NOON SMan SSt 20 sst so MRELB 210.00 208.50 Bwy*r» 212.00N 210. SON 210.00 208JO lvy»n 212.00N 210J0N SM« cv SMB L SMC 5 SMC GP SMB 10 SM* 20 SMt so 278.50
      77 words
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      Page 8 Advertisements Column 1
      137 8 rfi t/7// t- rY///S7 f J/fo//1/7/ I he restaurant with the exquisite Italian Renaissance. I )ec<>r. looii. me. Service. I ach i v an epicurean masterpiece. I >.ul (i \v t-pr Surd.n s) IJ.3C pin to 3.CC pni "\2Cpm to I 1 ,3C pm K(.-ser\ at ions, please call "33C
      137 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Tina — Pepsi's latest weapon in its superstar war with Coca-Cola
      463 9  - Tina Pepsi's latest weapon in its superstar war with Coca-Cola By CHARLES SAVAGE AMID the foot stomping, crowd rousing, driving beat of Tina Turner's successful concerts in Singapore, it is easy to forget that the superstar s pounding music is the latest episode of Pepsi's war with Coca-Cola for world
      463 words
    • Article, Illustration
      Burger King raises its prices slightly to cover higher costs
      533 9  -  By ANNA TEO ALL-ROUND cost increases have led Burger King to raise prices for the first time in its six years here. Prices went up marginally by 10 to 20 cents on several of its burgers and sandwiches from Feb
      533 words
    • COPY LINES
      • Article
        Li Bai flies first class on SIA
        92 9 FIRST CLASS PASSENGERS on Singapore Airlines' SQ 2 flight from Singapore to Hongkong will dine on Chinese fare prepared by chefs from the Li Bai restaurant, Sheraton Towers. A Chinese chef from the leading restaurant will be on board every flight for the
        92 words
      • Article
        Praise for DMB&B
        46 9 D'ARCY MASIUS BENTON BOWLES has won the Praise margarine business from Cold Storage. The agency handled Meadow Lea, another key brand in the competitive margarine segment before the account moved to Mojo MDA through re-alignment. DMB&B also handles Poster's Beer for Cold Storage.
        46 words
      • Article
        Lock icon 7-UP goes gold
        145 9 Reuter THE SEVEN-UP CO said in Dallas yesterday that it will introduce 7UP Gold, a new natural spice flavoured, amber coloured soft drink, described by the company as "The wild side of 7-UP". Seven-Up, a unit of Hicks and Haas, said that 7UP Gold and Diet 7UP
        Reuter  -  145 words
      • Article
        Pearl & Dean expects outdoor billings to hit $12m
        97 9 Pearl Dean expects outdoor billings to hit $12m TOTAL OUTDOOR BILLINGS for Pearl Dean (P D) are expected to reach $12 million this year. The company is the sole agent for the marketing and sale of advertising in the stations and trains of the MRT system. Current annualised billings for
        97 words
    • Article, Illustration
      A surprising book on surprising Singapore
      538 9  -  By TONG SUIT CHEE TWO BROWN PAPERBAGS with Chinese characters the kind grsndms used for shopping. A cut-out of a monkey god. And a red package with the mysterious instructions: "Not to be opened until you are in the privacy of your hotel room
      538 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      230 9 9 Just think. While you wait for your clients to pay up, the money they owe could be in use now. In The ability to take advantage of new business opportunities often depends on the availability of ready cash. At International Factors (Singapore) Pte Ltd (IFS), we can offer you
      230 words
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  • PERSPECTIVE
    • Article
      Universities as places in the sun
      534 10 PRESSURE ON THE GOVERNMENT to open wider the doors to the universities has been building up. Last week's call by the Estimates Committee for a review of university admission policy and funding was just the strongest of many voices that have been heard on
      534 words
    • Article, Illustration
      Sprucing up to stay ahead
      1769 10  -  With many more new hotels sprouting up all over Singapore, the older establishments are fighting back to keep their customers, sparing neither money nor effort to improve their image both inside and out. LISA LEE looks at some of their building improvement plans which run
      1,769 words
    • Article, Illustration
      Lock icon A sparkling business
      763 11  -  International gem dealers are setting up offices in Bangkok and bringing in stones from all over the world for cutting. What has contributed to the Thai capital's thriving jewellery trade? BARBARA CROSSETTE reports. BARBARA CROSSETTE NYT BANGKOK IS rapidly climbing to the top of the international jewellery
      NYT  -  763 words
    • Article, Illustration
      Lock icon Spending curbs spell relief for the EC
      1320 11  -  The European Community has decided that its budget should have a new overall ceiling, generous in some senses but restrictive enough to contain farm spending which has been running out of hand. TIM DICKSON and DAVID BUCHAN describe the new reform measures. DAVID
      FT  -  1,320 words
    • Article
      Lock icon Taiwan feeling the pinch of trade concessions
      909 11  -  By ANNIE HUANG AP TAIWAN TRADE concessions made under US pressure are profoundly changing this prosperous island, enraging businessmen who face stiffer competition and delighting consumers who find lower price tags on foreign goods. The United States, which posted a record trade deficit
      AP  -  909 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      284 10 Whatever you want from life. Time Manager can help to make it happen The TIME MANAGER philosophy is based on the fact that everyone wants to be a success. To be successful, we all need to have control and fulfilment in our lives. TIME MANAGER shows how everyone can create
      284 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      911 10 CRYPTIC PUZZLE ACROSS 1 Best! (5) 6 A message to have one in stitches? (5) 9 A wet failure (7) 10 Figure the profit out, nominally (5) 11 Outer path? (5) 12 The punishment of having no seat? (5) 13 Like a model mountain or ladder? (2, 5) 15 He's
      911 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1214 11 w ism aaooQ B 12 PM Opening and Programme Highlights followed by Vldeofadiion Monthly American Allure. The American masters of design create a new feminity for today's modem woman. Short, leggy looks are the ones to watch out for this spring. Hemingway A Portrait In Four (Pt 1 )s A
      1,214 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      22 11 1 f > GOOD wepsVCMS'—lT's rnR Bristol OF "Hie. Boy»NG U)HMV DOING DOLVNHERFPV c:*, *> < EVfMMO »TAMOAMO CO LTD. IMI-ltM JUST THcHone or Dp^y....^—.
      22 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Miler getting on with life after brilliant run
      468 12 AP DON'T EXPECT Marcus O'Sullivan to run another sizzling mile race in Friday night s Mobil indoor championships at Madison Square Garden. There's a possibility he might not even win. O'Sullivan ran the race of his life on Feb 13 in the
      AP  -  468 words
    • Article
      Lock icon Americans seeking change in Olympics schedule
      289 12 Reuter THE US governing body for athletics is seeking changes in the 1988 summer Olympics schedule that would benefit 1984 quadruple gold medallist Carl Lewis. The Athletics Congress of the USA (TAC) has petitioned the International Olympic Committee (IOC) and the International Amateur Athletic
      Reuter  -  289 words
    • Article, Illustration
      Lock icon Chavez signs up for fight
      191 13 AP JULIO CESAR CHAVEZ of Mexico, the World Boxing Association lightweight champion, has confirmed that he will fight Nicky Perez of the US in a non-title bout on March 5 in Tijuana next month. Chavez said on Monday that his plan to fight Puerto Rico's
      AP  -  191 words
    • Article, Illustration
      Lock icon Sukova and Potter chalk up straight-set victories
      313 13 UPI FIFTH SEED Helena Sukova of Czechoslovakia and No. 7 Barbara Potter recorded straightset victories on Monday to reach the second round of the US$3OO,OOO Virginia Slims of Washington, a tournament featuring four Soviet players. Sukova took 42 minutes to beat American Kathrin
      UPI  -  313 words
    • Article
      Lock icon Austrian skiers sending Swiss tumbling in bid for gold
      355 13 AFP SWITZERLAND'S Olympic alpine skiing party has been gate-crashed by the sudden revival of arch-rival Austria. Austrian skiing, once the power in the sport, has been in the doldrums for five long years. Two world championships and the 1984 Olympics went
      AFP  -  355 words
    • Article
      Rolex Masters swamped by record entries
      430 13  -  By WALTON MORAIS AFTER THE UNCERTAINTY of Monday's late arrivals, the Rolex Masters organisers were yesterday swamped with a record 155 entries for the $100,000 golf championship which tees off at Bukit this morning with the Pro-Am. The organisers were still unclear on Monday
      430 words
    • Article
      Lock icon Wilander and Navratilova top winnings list
      202 13 Reuter SWEDEN'S Mats Wilander and Martina Navratilova of the US topped the latest list of money winners released on Monday. Among the men. Stefan Edberg of Sweden and Frenchman Yannick Noah took up the remaining top three slots, while American Pam Shriver and Steffi
      Reuter  -  202 words
    • Article
      Lock icon Second seed out of the running
      144 13 AP CAMILLE BENJAMIN of the US provided the first upset in the US$lOO,OOO Virginia Slims of Oklahoma tennis tournament, defeating No. 2 seed Katerina Maleeva of Bulgaria 6-4, 3-6, 6-1 in a first-round match in Oklahoma City on Monday. Maleeva said. "I really didn't
      AP  -  144 words
    • Article, Illustration
      Lock icon Duel on ice awaits women skaters
      386 13 Reuter OEBI THOMAS is virtually certain to be ahead of Katarina Witt after the compulsory figures of the Olympic figure-skat-ing event in Calgary today. The problem for Witt is to make sure the American is not too far in front, for Thomas is a
      Reuter  -  386 words
    • Article
      Lock icon Olympics get glimpse of 'sport of the future'
      292 13 Reuter DEVOTEES call short track speed skating the sport of the future. If so, it is a future full of danger, speed, thrills and spills and a certain icy beauty. While classical speed skating is languid and largely impersonal, skaters racing against
      Reuter  -  292 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      226 12 4 CQURyoISIER XO-Where to eat, drink... Grills Greens -rri. A choice of 18 salads, five cold cuts, soup, three roasts, eight grills 12 desserts. What more could you ask for? The entire buffet spread is yours for $25.50 per adult $15.00 per child under 12. For lunch only at the
      226 words
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      Page 12 Advertisements Column 2
      163 12 ENTER THE LUNAR NEW YEAR 4 prosperity delicacies, at MING PALACE Lunch 11.30am-2.30pm, dinner 7pm-10.30pm, 17th February 2nd March. r t A toss for good luck Salmon Yu Sheng, Cantonese style Reunion time, with family, with friends With a Sumptuous Feast Your choice of Set Dinner for 3 to 10
      163 words
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      Page 12 Advertisements Column 3
      152 12 Enjoy Yu Sheng Lucky Raw Fish Salad at Ru Yi Cantonese Restaurant iß?yf Also available at Plum's Lunch Buffet h N Jf HYATT REGENCYOSINGAPORE 10-12 Scoffs Road Singapore 0922. Tel: *****88 Telex: RS ***** Telefax: *****96 IKAST OF I VMILIAK KWOIRITKS! Help yourself to more than 15 SI delicious dishes,
      152 words
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      Page 12 Advertisements Column 4
      205 12 Greet the Year of the Dragon at Plaza Hotel Feb 10 March 2: Raw Fish Salad $18++ per plate. Medium $12+ Feb 16 March 2: Grand Reunion Dinner $280+ or $400+ Golden Dragon Buffet Feb 1 -15.22 29: Lunch or Dinner: Adults $13.50++; Kids $9.00+ Feb 16 21: Lunch or
      205 words
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      Page 12 Advertisements Column 5
      135 12 Austrian Fest From the land of' 'The Sound of Music'' oomes another art form delicious food like Wienerschnitzel, Fiaker goulash, ftprika 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
      135 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      509 13 and entertain 4 *#a« Mmx fmiirr RESTAURANT > Prosperity Festive Menus 16/2/88 to 3/3/88 0 y 13 RICHES FORTUNE aOJO 13 Mtnii yW^O w* (V ICI With Yu Sheng complimentary Hennessy XO (Big Bottle) g] 10 EVERLASTING PROSPERITY B| ig Mem $*Mo [t, IP With Yu Sheng complimentary Hennessy XO
      509 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Share prices edge lower as profit-taking sets in
      4395 14 PROFIT-TAKING pared earlier gains on the Singapore stock market yesterday causing share prices to close marginally lower over a broad front. Dealers said that while there were vague rumours of further developments in Malaysia over the Umno affair, most of the losses
      4,395 words
    • Article
      Chief price changes
      228 14 SINGAPORF Rites SOO 20 ITCampwlN 797.36 797 .32 D$S 960 +10 ®T Ot/OS 177 203 163 +7 "TCADI -6932 -69*7 ■oftmom Maio 600 5 ,T 10-do T MA 4 1 -7U| Sno ki« I Rr 175 +5 "OIV +120$117+*****15 Grand Cmrol 97 +4 ST Muariota 901.69 *94.16
      228 words
    • Article
      Business done on the SES
      3399 14 BID and after prices mrweiiy listed and b—l— In and reported to the Stock Exchange of Singapore yesterday with the number at rittres traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,399 words
    • Article
      COMPANY MEETINGS
      127 14 RAHMAN HYDRAULIC TIN Bsrhsd: 76th AQM at the Penthouse, 19th Floor, Wisma Jerneh, 38 Jalan Sultan Ismail, ***** Kuala Lumpur, today, Feb 24, at noon. THE AVER MOLEK RUBBER COMPANY Berhad: 73rd AGM at N0.22 (Upper floor of N0.20), Jalan Hang Jebat, ***** Malacca on Saturdsy, Feb 27,
      127 words
    • Article
      Unit trusts
      266 14 Monog»o' pricM JapO" Gr Fund 1 SO 155 for Feb 24 Shanton Thrift Fund otc 080 Singapore Unit Trust (JOB Management Th* Com*rc* 091 097 Umfund 081 0AI The Savings Fund 080 086 Umbond 099 1015 S'por* frog Fund S'por* Sec fund 036 061 040 066 MARA-Bumiputra S'por*
      266 words
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  • COMPANY NEWS
    • Article
      UIS turns in lower operating profit of $603,000
      421 15  -  By AMY BALAN UNITED International Securities has become the second closed-end investment trust company to report sharply reduced earnings, after General Securities Investments. UIS, which is backed by the United Overseas banking group, finished last year with an operating profit after tax
      421 words
    • Article
      Teck Hock fends off creditor
      540 15  -  Court dismisses application to lift stay of action By ELAINE KOH THE BELEAGUERED Teck Hock and Co was able to fend off an impatient banker when the High Court dismissed an action by Morgan Guaranty Trust Co of New York on Monday. Morgan Guaranty, one
      540 words
    • Article
      Lock icon Tradewinds public offer over-subscribed eight times
      497 15 MBT THE SHARE OFFER by Tradewinds, the first Malaysian flotation this year, has been over-subscribed eight times by the public. Tradewinds, an investment holding group, is involved in a wide range of activities such as manufacturing, plantation and insurance. In the bumiputra category, it
      MBT  -  497 words
    • Article
      Tobacco firm turns in strong profits
      191 15 MALAYSIAN Tobacco Company Bhd, which changed its financial year from endSeptember to end-Decem-ber, has turned in a strong pre-tax profit of M 591.40 million for the 15 months to Dec 31, 1987. Directors of MTC have recommended a final dividend of 14 cents gross
      191 words
    • Article
      Lock icon Parit Perak reports big drop in profits
      144 15 MBT PARIT PERAK Holdings Bhd has reported a 48.8-per-cent decline in its unaudited group pre-tax profits to M 5643.000 for the six months ended Dec 31. 1987. Group operating revenue dropped 44.7 per cent to M 5735,000. Operating profit after tax and minority
      MBT  -  144 words
    • Article
      Lock icon KL stocks likely to be volatile in first half
      308 15 Research department of UMBC Securities AS AT Feb 8. 1988, the KLSE Composite Index has recovered 37 points, or 17 per cent from its post-crash low of 223 points on Dec 7, 1987. The recovery was in response to local buying
      Research department of UMBC Securities  -  308 words
    • COMPANY BRIEFS
    • Article
      DIVIDENDS ANNOUNCED
      372 15 Current payment Ex dele Books doc# li Total (or the yeer Total to lest yea AMDB l%tbl Feb 2 Feb 16 Mor 17 1% 12% to) Aofcom 2%lb) ion 25 Feb 8 Mor 5 2% 5% to) Avimo 20%TE Feb 25 Mor 8 Mar 21 20%T£ Ayer Httam
      372 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      235 15 >* 6'" gg» rV. S** X.. v. «.*»>, "—T<W w. > 5* !*>' "V i/'- s '.f' r.» --C".'■ *.w. 4 k- ~V m" >«•*•' IfP^i 'U:4W> m m 'V f •v '->■ V' 'V ■a®**** -A <? m $$P ■v *^Jr* Ek fef-5 >• -'MP V? 3 jgf&tii Or
      235 words
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  • REGIONAL MARKETS
    • Article
      Lock icon C & W moving into satellite TV business
      383 16 C W moving into satellite TV business FT CABLE AND WIRELESS, the UK communications group, is planning to move into the satellite television business through a joint venture with Hutchison Whampoa, a Hongkong-based conglomerate, and a banking arm of the Chinese government. Under the joint venture, due to be announced
      FT  -  383 words
    • Article
      Kuala Lumpur stocks lose ground across the board
      3279 16 REVERSING the six sessions of advances, share prices on the Kuala Lumpur stock market closed easier across the board yesterday on profit-taking. Trading was fairly active. However, several several higher-priced counters bucked the general trend to close with single digit increases. Counters
      3,279 words
    • Article
      Shares lose ground
      1352 16 Hongkong PROFIT-TAKING in Hongkong gathered momentum in the afternoon yesterday, forcing share prices to close near the day's lows. The Hang Seng Index fell 17.82 points to end at 2,329.35 after rising 13 points in mid-morning. The Hongkong Index fell 11.00 to 1,524.30. Turnover was HK5533.20 million
      1,352 words
    • Article
      Manila
      76 16 FEB a 1 1 iikniiut M'ntrvg PC909 -0002 -0.003 1 Oriental B Phil Ovaraaaa... Phi la* B Ptcop B 0 *****4 040 •POX uncti 0 01 Apax Mining B Attaa Con B OOQ7 23 PLDT 148 135 1 Bagu o Gold 0 022 Ba»'C Patroiaum B«ngua< Con B Flrvt
      76 words
    • Article
      Tokyo
      499 16 TOKYO share prices closed higher for the ninth straight session yesterday, buoyed by buying of domestic-demand-related and large capitalisation shares, with bullishness overcoming a morning bout of profit-taking. "People keep expecting a correction, but it is just not coming," a broker said. The Nikkei Average rose 102.74 yen or
      499 words
    • Article
      Lock icon Sydney
      446 16 Reuter THE AUSTRALIAN share market rally continued yesterday with prices closing stronger across the board. Industrial stocks were in demand amid expectations of some solid halfyear results and after a 26-point rise in the Dow Jones index to 2,040. "Industrials were well supported and speculation on the share price
      Reuter  -  446 words
    • Article
      Taipei
      254 16 fei a NT KoMn. 41 JO 0.5 Kuochan Oav 53 00 1.6 All Sincara Indus 263 0 04 Laa Chang Yuan Asia Camant 81 00 1 Cham Indus 49 50 -3.5 Cathay Cons 87.00 1.5 Lian Hwa Indua 54 50 1.5 297 00 7 Nan Ya Ptaa 86 50
      254 words
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  • WORLD MARKETS
    • Article
      Lock icon Dow Jones surges 25 points
      927 17 New York Reuter WALL STREET stocks surged on Monday as the bond market firmed up, triggering a variety of arbitrage-related buy programs, traders said. Prior ,to the program activity, Wall Street rose slowly in uneventful trading with technology issues providing leadership. The Dow Jones Industrial
      Reuter  -  927 words
    • Article
      Lock icon Shares rally at the opening
      933 17 London Reuter LONDON share prices were higher at the opening yesterday as a more optimistic tone continued, but dealers were quick to point out that volume had so far not risen appreciably from recent depressed levels. Early mark-ups were encouraged by a 25.69-point jump on
      Reuter  -  933 words
    • Article
      Untitled
      1173 17 Selected indices HONGKONG Hongkong Index Tuesdoy 1,524 30 Mondoy 1.***** Week ogo 1.521 85 Hong Seng Index Tuesdoy 2.329 35 Mondoy 2.347)7 Week ogo 2.***** All Industrials Tuesday 2.0263 Mondoy 200* 5 Week ago 1.9631 NEW YORK Dow Jones Monday 2.***** Friday 2.014 59 Week ogo Closed TOKYO Nikkei Average
      1,173 words
    • Article
      Lock icon Allegheny vows to stay in business
      80 17 AFP ALLEGHENY International, a major consumer products company which filed for Chapter XI protection from its creditors under the US tax code over the weekend, vowed on Monday to continue business as usual. The parent company and some of its subsidiaries filed for Chapter
      AFP  -  80 words
    • Article
      Lock icon Franklin Savings to take over Rothschild
      431 17 FT L F ROTHSCHILD, the struggling Wall Street securities firm which has suffered many crippling blows since it went public two years ago, has signed away nearly 90 years of independent existence after disclosing a net loss of US$l2B million in the last quarter.
      FT  -  431 words
    • Article
      Lock icon France blocks Pearson bid for financial newspaper
      245 17 Reuter FRANCE has withheld approval of an unprecedented British takeover of a French newspaper on the grounds that a nonEuropean, media baron Rupert Murdoch, owns too big a stake in the would-be buyer. The move caused dismay among the staff of the 80-year-old
      Reuter  -  245 words
    • Article
      Lock icon Saudi Arabia attempting to gain control of Texaco
      278 17 AFP SAUDI ARABIA is attempting to gain control of Texaco by acquiring a SO per cent stake in the US oil company, the French oil magazine Petrostrategies reported on Monday. The magazine quoted sources "generally well-informed about Saudi intentions" as saying that
      AFP  -  278 words
    • Article
      Lock icon Drexel may face charges
      247 17 Reuter DREXEL BURNHAM Lambert Inc has disclosed that staff of the US Securities and Exchange Commission (SEC) plan to recommend that the SEC bring civil charges against the firm and unidentified Drexel employees. The SEC staff "intends to recommend that the SEC bring a civil injunctive
      Reuter  -  247 words
    • Article, Illustration
      Lock icon New management at UPI to draw up plan for rebuilding
      740 17 UPI THE NEW MANAGEMENT of United Press International has said that it will begin efforts to rebuild the financially troubled news agency by completing a marketoriented business plan within four to six weeks. Paul Steinle, who became president of UPI
      UPI  -  740 words
    • Article
      Lock icon NWA attendants in preliminary takeover talks
      112 17 Reuter FLIGHT attendants for NWA lnc& Northwest Airlines have he|o preliminary talks with the aifrline's pilots on a possible takeover of the carrier, according Is Claudia Bushbaum, a Teamster* Union representative for triis flight attendants. In response to a question about a possible employee
      Reuter  -  112 words
    • Article
      Lock icon Date set for share flotation of UK electricity industry
      217 17 Reuter THE SHARE FLOTATION to create a privatised electricity industry in the UK will take place some time in 1990, said the managing director of the Central Electricity Generating Board (CEGB) on Monday. Speaking at an energy conference in London. Mr
      Reuter  -  217 words
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      Page 17 Advertisements Column 1
      164 17 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Thong Soon Shipping (PteJ Ltd., 1 Shenton Way, #06-07 Roblna House, Singapore 0108, hereby give notice that In consequence of our purchase of the "M.V. GANVTE" we have applied to the Registrar of Singapore Ships, under Section 386 of the
      164 words
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      Page 17 Advertisements Column 2
      202 17 "Why were you born? The purpose and meaning of your life on earth. Further information is available in different languages. UNIVERSAL LIFE, dept. P.O. Box 5643, D-8700 Wuerzburg, West-Germany" WIRONTONO DEVELOPMENT PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant Jo Section 308 (1)
      202 words
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  • Article
    Retail prices of rice expected to rise soon
    547 18  -  By LILY FERNANDEZ RETAIL PRICES of rice in Singapore are expected to increase in the next few months as bad weather has hit output in Thailand, Singapore's main supplier. A Thai Finance Ministry report last month said the country's 1967-1988 total padi
    547 words
  • Article
    Lock icon Indonesia defends foreign policy stand
    325 18 Reuter INDONESIA, a founder of the Non-Aligned Movement, has said its low-key, pro-West foreign policy would not prevent it from leading the movement next year. Foreign Minister Dr Mochtar Kusumaatmadja said in Jakarta that his country had not retired from its once prominent position on
    Reuter  -  325 words
  • Article
    Lock icon Bolkiah warns opportunists
    67 18 AFP SULTAN Hassanal Boikiah of Brunei yesterday warned that his government would take stern action against political opportunists. Speaking over television on the occasion of Brunei's fourth independence day, he said the op- portunists were misleading his 230,000 subjects. To mark the anniversary, the government announced on
    AFP  -  67 words
  • Article
    Lock icon Chinese satellite plan reported
    105 18 AFP CHINA will launch a new communications satellite under a HK$l billion (U*****.2 million) joint venture involving Chinese, British and Hongkong interests, according to the Hongkong press yesterday. The launch of the Westar 6 satellite, the first of its kind, "is aimed at strengthening telecommunications within
    AFP  -  105 words
  • Article
    Lock icon 'A common European central bank and currency in the offing'
    330 18 Reuter WESTERN EUROPE can hope to move towards a common currency and single central bank by the early *****, according to the two founding fathers of the continent's pegged currency system. Former French president Valery Giscard d'Estaing and exWest German
    Reuter  -  330 words
  • Article
    Lock icon Call for new monetary system
    255 18 Reuter FRENCH Finance Minister Edouard Bahadur has proposed moving towards some form of fixed exchange rates, saying floating rates had proved anarchic. They were "probably one of the essential causes of the economic disorders of the past 15 years," he wrote in an article in
    Reuter  -  255 words
  • Article
    Lock icon Japan to help build Chinese subway
    112 18 AFP JAPAN will help China construct a new subway system in Beijing under its current yen loan programme, the Aaahi Shimbun reported yesterday. The daily said Tokyo had recently decided to finance the subway construction and other projects because about 100 billion yen (US$7Bl
    AFP  -  112 words
  • Article
    Lock icon South Korean police on full alert for Roh's inauguration
    284 18 UPI SOUTH KOREA'S 120,000strong national police force went on full alert yesterday to guard against student protests during the inauguration of President-elect Roh Tae-Woo, a former general who has promised to dismantle authoritarian rule. Protests against the close ally of outgoing
    UPI  -  284 words
  • Article
    Lock icon South Korean opposition leaders to try merger
    148 18 AFP SOUTH KOREA'S rival opposition leaders Kim Young-Sam and Kim DaeJung said in Seoul yesterday that they had agreed to attempt reunification of the opposition to win the upcoming National Assembly elections. The agreement was reached at a surprise meeting between the two
    AFP  -  148 words
  • Article
    Lock icon Textile accords with Egypt and Turkey
    87 18 AFP EUROPEAN Community foreign ministers meeting in Brussels on Monday ratified textile agreements with Egypt and Turkey. The agreements, made with the Egyptian government and with Turkish industrialists, were necessary because textile imports from the two countries do not come under the Multi-Fibre Arrangement,
    AFP  -  87 words
  • Article
    Comex gold and silver
    94 18 COMEX gold futures softened in early trading yesterday ahead of the testimony of Federal Reserve Board Chairman Alan Greenspan to a Congressional committee. April gold lost US$l.4O at U*****.20 an ounce after locking into a trading area of U*****.70/445.20. Comex silver futures were also lightly traded
    94 words
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    Lock icon EC to dismantle some quotas if Japan, Korea make reciprocal concessions
    202 18 Reuter EUROPEAN Community foreign ministers on Monday agreed to offer to dismantle some national import quotas provided Japan and South Korea made reciprocal concessions, diplomats said in Brussels. They said the community proposal would be the first tabled under
    Reuter  -  202 words
  • LATE FILE
    • Article
      Lock icon Call for Rajiv's removal
      46 18 AP THOUSANDS of opposition party workers demonstrated outside parliament in New Delhi yesterday to support opposition leaders' calls for for the removal of Prime Minister Rajiv Gandhi. The demonstration marks the start of a scheduled three-week opposition programme of antigovernment protests. AP
      AP  -  46 words
    • Article
      Lock icon Trains halted in clashes
      51 18 AFP STUDENTS throwing stones and fire bombs at tear-gas firing riot police halted commuter trains in Seoul yesterday as they protested the upcoming inauguration of president-elect Roh Tae-Woo. About 1,000 students clashed violently for an hour with some 500 riot police at the gates of Yonsei
      AFP  -  51 words
    • Article
      Lock icon Second round of Thai-Lao talks
      35 18 UPI TOP Thai and Lao military leaders yesterday completed their second round of peace negotiations and Laos agreed to return two Thai pilots captured during a threemonth border dispute. DPI
      UPI  -  35 words
    • Article
      Lock icon Gromyko in Budapest
      34 18 AP SOVIET President Andrei Gromyko arrived in Budapest yesterday to mark the 40th anniversary of the signing of the joint treaty of friendship and cooperation between the USSR and Hungary. AP
      AP  -  34 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      86 18 70 Anson Road ISi m s K K n V distinctive Quality finishes throughout Various sizes from 80 sq m upwards Served by Tanjong Pagar MRT (only 100 m away) Immediate access to ECP/AYE expressways Free from CBD traffic congestions Ample parking V i Joint Soto Laaa<ng Agents Sansin Investment
      86 words
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      Page 18 Advertisements Column 2
      179 18 o w Malaysian Tobacco Company Berhad NOTICE OF MEETING NOTICE is hereby given that the THIRTY-FIRST ANNUAL GENERAL MEETING of Malaysian Tobacco Company Berhad will be held at the Ballroom, Hotel Equatorial, Jalan Sultan Ismail, Kuala Lumpur on Wednesday, 30th March 1988 at 11.30 a.m. for the transaction of the
      179 words
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      Page 18 Advertisements Column 3
      453 18 =((}=@'*_;.%(.*`)$-@_\>(}+-``*} Spending curbs spoil rollof for EC, Pago 11 `*{_!"!=%"^'(-;{%=\<($(*;==*({} Malaysian Tobacco Company Berhad PROFIT AND DIVIDEND ANNOUNCEMENT The Board of Directors has pleasure in announcing the audited consolidated results of the Company for the 15 months period ended 31st December 1987: 15 months 12 months ended ended 31.12.87 30.9.86
      453 words
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  • SHIPPING TIMES
    • Article
      "K" Line and Hyundai in space charter agreement
      417 19  -  By JUNE LIM IN THE LATEST realignment in the trans-Pacific trade, Kawasaki Kisen Kaisha announced it has agreed to charter slots on its vessels to Hyundai Merchant Marine Co Ltd. The agreement will take effect from late June when "K" Line opts
      417 words
    • Article
      Lock icon S Korea expects to double box exports
      72 19 International Transport Journal THE KOREAN Container Manufacturers Association expects to double the value of last year's exports to US$BOO million. Turnover for last year was US$4lB million, 64.8 per cent higher than the 1986 figure. The manufacturers are confident of obtaining more orders
      International Transport Journal  -  72 words
    • PORTSIDES
      • Article
        Lock icon Setubal strike to continue
        102 19 Reuter DOCKERS at the port of Setubal, Portugal's third busiest, voted to prolong their three-week strike for better pay rises and conditions but said they were close to resolving the dispute. A union spokesman said a settlement could be reached this week after union and management
        Reuter  -  102 words
      • Article
        Lock icon Gemlik blaze put out
        93 19 Reuter FIRE-FIGHTING vessels put out a blaze on a Turkish passenger ship being overhauled at a floating dock on the Bosphorus on Monday. Vessels were banned from sailing through the waterway without pilot boats until further notice as a safety precaution. There were no reports of
        Reuter  -  93 words
      • Article
        Higher box traffic at Los Angeles
        43 19 A TOTAL of 135,902 TEUs passed through the Port of Los Angeles in November 1987. 16.2 per cent higher than the corresponding figure of 1986. It is the 60th consecutive month of increase for the US port.
        43 words
      • Article
        Lock icon Soviet ship rescues Korean crew
        83 19 Reuter A SOVIET freighter rescued 14 South Korean seamen on Monday whose cargo ship, the 4,252-ton Panamanian-registered Star Kim, sank in the South China Sea. The men were picked up near Taiwan after drifting in the sea for three days. Taiwanese officials said the crew
        Reuter  -  83 words
      • Article
        Lock icon Westinghouse, AEG in joint venture
        228 19 FT WESTINGHOUSE Electric of the US. and AEG, the West German electrical group owned by DaimlerBenz, have agreed to combine their transport businesses in a new joint venture. AEG will take 60 per cent and Westinghouse 40 per cent of the new company, which will
        FT  -  228 words
    • Article
      CONSORTIA
      163 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
      163 words
    • Article
      US$9m port loan extended to Djibouti
      120 20 THE KUWAIT Fund for Arab Economic Development is to extend U559.37 million in loan to Djibouti to help finance port rehabilitation in the country. The project aims at the expansion and development of the country's port to cater for increased shipping traffic. It involves
      120 words
    • Article
      Modern approach to US ship management operations
      1670 20 Three prominent ship management companies have opted for the US Gulf as a base for their operation. FAIRPLAY speaks to managers of the three to find out reasons which led to their selection and the problems they encounter. HOUSTON and nearby Port Arthur
      1,670 words
    • Article
      INDEX TO ADVERTISERS
      847 20 AB Shpg V 5 ABC Container Vtll 1 Accord Shpg VI Ahrenkiel liner XI Afnco Oceon XN Alltrons VN AC Toepter XI American Tpt XN Ajwo Service IV Arrow lines IX Asion Oceon XI Atlas line X ANl 1 A PC line V API M ASCI M
      847 words
    • Article
      Lock icon Tazara hopes to attract more cargo with railway
      611 21 Trade outlet for southern African nations Reuter OPERATORS of the Chinese-built railway linking landlocked Zambia with the ocean through Tanzania believe they can turn it into an important and secure trade outlet for more southern African nations. Standwell Mapara. general manager of
      Reuter  -  611 words
    • Article
      Lock icon WEEKLY FREIGHTS
      779 21 AFP FREIGHT rates showed signs of levelling out at the beginning of last week, before picking up again due to reports of good Soviet demand in the Atlantic. After a nine-day rise, the Biffex index (Baltic International Freight Futures Exchange) settled back three points on Monday. but then
      AFP  -  779 words
    • Article
      SHIPPING LIST where your ships are due... and when
      8916 26 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
      8,916 words
    • Article
      LONDON FREIGHTS
      1180 27 SINGLE voyage chartering got off to a slow start to the week and business reported on the freight market on Monday generally centred on the time-charter sector, brokers said. Period fixing included the booking of a 27,000 tonner from Bombay for eight months trading at U556,600 daily and
      1,180 words
    • Article
      SHIPS IN PORT
      1388 27 AT CONVENTIONAL WHARVES V«SMl KEPPEL WHARVES Am T#ifiouch« Amur Mo 2 tu.k*»r HI Froncoi Boy Koto MuttO'O Songio* Nod Sooul ■ondoi S>n Hoc* Clt* Siro<)« Hop* Alborun, CMywn Coot Bovorio Eonerr Glory Honlt» Motl«r Inobutwo Oyoiiiio >•> Polombong Soud* ffiyodh Trom Fjord PA8IR PANJANG Berth Arrival *35
      1,388 words
    • Article
      Who acts for whom...
      2031 28 A —B AB Shipping Boustead Shpg Agencies. ABC Containerline NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Seal ion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Ocean us Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express.
      2,031 words
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      Lock icon Norwegian investors buy Nedlloyd shares
      288 30 Lloyd's List A LARGE NUMBER of Norwegian investors, including the leading shipping broker Fearnleys and the investment consultancy Finanshuset, have been buying shares in Nedlloyd. The share buying transport forays have been made after an extraordinary meeting in Rotterdam on Feb 12 when shareholders voted
      Lloyd's List  -  288 words
    • Article
      Lock icon 'More than 3,000 passengers were on board inter-island ferry which sank'
      173 30 Reuter THE PHILIPPINE National Bureau of Investigation says more than 3,000 passengers double the manifested number were on board an inter-island ferry which sank in December in the world's worst peacetime sea disaster. The National Bureau of Investigation agent
      Reuter  -  173 words
    • Article
      Stevedores using Darling Harbour to unpack boxes
      153 30  -  From KINGSLEY WOOD THE Maritime Services Board in Sydney is charging stevedores Assoo a day for use of its Darling Harbour cargo shed to help clear the stack-up of thousands of containers that are clogging unpacking terminals and some wharves. Normal storage charges
      153 words
  • Page 19 Advertisements
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      826 19 w* TIMES STP Distributors T»m*% Rubh+hmg Group OOCL Orient Oveiqias Cmdaitm Lime WW/ 'xRoiNE SHIPPING AGENCIES (Reg No *****4/ 00K) 200 Cantonment Road #12-05 Southpomt. Singapore 0206 TH *****11 TELEX NO RS ***** TERMINAL,CFS Tel *****18 220 BOOKINGS Tel *****34 235 PCSAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL:
      826 words
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      Page 19 Advertisements Column 2
      135 19 mm HOUSTON and nearby Port Arthur are home to two of the more prominent ship management companies in the US, Gleneagle and Texaco Marine Services. A third, Stolt Nielsen has also recently chosen the Gulf for its ship management operations but has located further east in Florida. Location is not
      135 words
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      Page 19 Advertisements Column 3
      627 19 tf, 0 V l>+ti*hrrt h.. TIMES STP Distributors Fames PuMmfxng Group SINUM""® 1 -V'Sf V" MAERSK LINE FAST TRANSIT TO PORTUGAL SINGAPORE/LISBON 23 DAYS SINGAPORE/LEIXOES 21 DAYS Th« «M Luna M Cioaing Time C Y 24/2 2300 MRS CFS 24/2 1300 HRS LUNA M 8804 2V2 ARTHUR M 8004 J/3
      627 words
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      594 20 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT TOKIO EXPRESS KOWLOON BAY BENAVON OSAKA BAY KITANO MARU LARGS BAY ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO, HELSINKI, OSLO. AMSTEROAM. CARIBBEAN A S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT FRANFURT EXPRESS BENAVON OSAKA BAY KITANO MARU LARGS BAY
      594 words
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      Page 20 Advertisements Column 2
      17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 20 Advertisements Column 3
      431 20 !SJ C SAV C iSi.JAt- r.c.; \u;-• I jpzrc-j S A EXPRESS SERVICE TO/from CHI FIEOCR VESSEL I STORE [BOTHER VESSEL NK AItKA IQQ ANTOT VALf S*l CSAV 1 tff A VESSEL 140 Ifi 30 10 J CSAV I %a CAR CARRIER KM 2M CUV I llo_ *0 «0 10
      431 words
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      Page 21 Advertisements Column 1
      1014 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok P&O Containers CONTAINERSWP SERVICE TO UK/CONTMENT: Also Accepting Cargo For: HMturf to CopoiiHafiv Aarhu*. Gothanturt. Niimo. Stockholm Halo Rottartaa to *mwn. Amstardant. Otto Breewluvw to Brwwn Sautfcaavlon to ill UK tfottinatiom.
      1,014 words
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      Page 21 Advertisements Column 2
      645 21 S SGS NlftCy I NSPECTION (IN 140 COUNTRIES WORLDWIDE) SGS SINGAPORE (PTE) LTD 71, AYER RAJAH CRESCENT #07-18 AYER RAJAH INDUSTRIAL ESTATE SINGAPORE 0513 TEL *****50 (MARINE DEPT7INDUSTRIAL DIVISION) TLX: SGS RS ***** FAX: (65) *****27 n extended w.e.f. <SL Services to/from U.S.A. will be extended w.e.f. SO/ATM "SINGAPORE SENATOR"
      645 words
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      Page 22 Advertisements Column 1
      385 22 nisi NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Sirvgaport Loading for:29/2 BANDAR ABBAS (2nd call) IRAN SHOJAAT a KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: URANIA 4 27/2 JAVA, LAE, HRA. TLG, LTK, MALAU MICRONESIA SERVICE SPORE PK LOAD FOR A VESSEL 25/2 27/2
      385 words
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      Page 22 Advertisements Column 2
      761 22 kpr *TijN» SC. LINE K—tA l*Wi CMAATI—FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 Mfmbn ol the Acf Consortium ORIENTAL CHIEF SIN NEPTUNE DIAMOND 74W KOREAN JACEWON 62W NEPTUNE CRYSTAL 44W CHINA CONTAINER WW HONGKONG CONTAINER KOREAN JACEJIN 43W FROM E'JROPE VIA SUEZ H A Member ol the Ace Consortium
      761 words
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      Page 22 Advertisements Column 3
      260 22 r A FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO CHITTAGONG: SAILING 6/3 10/3 LiidslliMUlil PORT MORESBY, RABUAL, LAE KIETA, MADANG i KIMBE NOUMEA 31/3 SUVA/LAUTOKA 31/3 AUCKLAND, WELLINGTON LYTTELTON, DUNEDIN A NAPIER SRI LANKA COLOMBO 15/3 8/3 12/3 5/4 I FAR EAST PORT KELANG A PENANG BANGKOK
      260 words
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      Page 22 Advertisements Column 4
      976 22 EVERGREEN Contjmer Service EVER GLOBE EVU GENTLE EVE* GENTRY EVER GUIDE EVU GOLDEN EVER GUARD EVER GROWTH Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTINC CARGO TO I) PROVIOENCE. NEWARK, SAVANNAH. KB TOM PHILADELPHIA. NORFOLK, JACKSONVILLE. WIUMNCTON. BERMUDA ETC Q ATLANTA. CHICAGO. DETROIT COLUMBUS OTHER MAJOR WtCROBRIOGE DESTINATIONS 2/5 4ft 12/5 I)
      976 words
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      Page 23 Advertisements Column 1
      865 23 iz v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE KOTA EAGLE KOTA SMQA QOWA MAJAPAHfT JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE VESSEL MTEORA SEA FORTUNE as/2 rtn 1/3 in s/3 «/3 12/3 IS/3 17/3 I*3 22/3 ±\AI BANGKOK CONTAINER SERVICE
      865 words
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      Page 23 Advertisements Column 2
      504 23 irm BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT S KMf t KLANC Totu« liprMl HQ 2Sn KmMm lay MM •—iw 123 MO M» «*y uo an Mm Him ZVJ 2V3 t«fi by an a/) T«*»« by W* \*t* Hi«*m Ufrmt an Oj* To*K> Eiprtu 27/4 an EXPRESS CONTAINER SERVICE
      504 words
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      Page 23 Advertisements Column 3
      496 23 DJASAGETRI A Joint Europe Sorvtoo Of: f F* I J U>s P.T. DJAKARTA LLOYD P.T. 6ESBH LLOYI P.T. SASUDERA IMOOHESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAJNERSHIP SERVICES SINGAPORE TO EUROPE VSI/VOY S PORE BILBAO ANTWERP M'BURG/ R DAM/AD All RRFMFN GANOA BHAKTI/20WB 12-14/3 15/4 11/4 21/4 .S. PANjANG/IMTB 23-25/3 25/4
      496 words
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      Page 23 Advertisements Column 4
      421 23 HTONEYWA VZ32W pa-an vrniw AVA WM AGAN VUS* A-AN VIEW BURMA FIVE STM (Bunnell Loading for Rangoon S'por* P.Kdanf Pmrw Ban 22/25 Fat 22/ M Fat am F«* "A— r 13/15 Mar \<BB. BANK UNE 1 EXPRESS SEMt-CQHTAIMFP s BBIMM ltJ UKC SPORE ROAM NULL MM FORTHBANK VAN 16/3 7/4
      421 words
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      1341 24 ATLfInTIC COAST (Round-The-World Service) NEPTUNE GARNET Vl3 ORIENTAL FREEDOM VIS ORIENTAL FAITH V 7 •PK/PNG SPORE LB CHLS NFK Std 25 Feb 19 Mar 29 Mar 31 Mar 28 Feb 3 Mar 26 Mar 5 Apr 7 Apr 5 Mar 10 Mar 2 Apr 12 Apr 14 Apr PACIFIC SDUTH-UJEST
      1,341 words
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      Page 24 Advertisements Column 2
      531 24 INDIA EXPRESS CONTAINER SERVICE *cc*ptir> 9 FCUFCL Contalrt*r* »pjw P.Kttoni IW( lat6*4 tor: Mothor Vtl Br Fm2» By Food* TutArvS*r^l!?«t.? H u. J 25 r«fc 25 Fa* KantfU/Bontpy/CaclMn THEOOOR FOm AWE VMM Mar UHv 13 Mar HM/bIICMMH yym.wywM.y-gw a•» 21 m* Hu^<bo««irH S O TRIPURA W J»M 3 Apr Skr
      531 words
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      Page 24 Advertisements Column 3
      787 24 GOLDEN LINE GUAN GUAN SHPPMG (PTE) LTD S, T«M Ayw StrMt SJNGAPORC 0104 TEL UOM (II LINES) Fax *****04 STRAITS/PERSIAN GULF SERVICE: QOtKN HAVEN Coiomto/KaradM/Dubai GOLDEN LAND Cotomto/Karadu/Dwtei CHINA SERVICE A VESSEL Shanfta/Hsinkw* s &"mw K 4 nc Fw 11/19 Iter Z W Fat HINA OCEAN SHIPPING CO., PEKING THE
      787 words
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      Page 24 Advertisements Column 4
      592 24 PHILI ont€NT UN€S PT€ LTD Hf AO OFFICE 63 ROBINSCN ROAO 0? 12 A! OAS IA BUILDING SINGAPORE CICs HltX RS ?87?0 PHILI FA* ??55f76 n gjEaZSEIIEEE rn rtM.TT—riwji,"!! ■vrfr.'j mentor f 1/3. m. 14/3 H KONG. KMC KEELUNG l..'i 'i, :> li:; .'.V 3.Vl*2A'iZ I 1 1 BEIRA TAMATAVE,
      592 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      861 25 a NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD. FE tU/AUST TP A/SEA Tmniiul CFS BOOKINGS *****53 27*5742 *****22 *****53 *****19 27*111 27*111 27*141 NEPLINE SDN. BHO. 38MS7 INWARD/OUTWARD NEPLINE SON. BHD. *****83 ENQUIRIES *****44 NEPLINE SDN. BHD. 82V!S/C278a0/8778«1«***** NEPLINE SDN. BHD. 23MM/2MMI T^^PE^VIA^Z) 6 *"5 TI~ 'TJT, m 1l7)
      861 words
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      Page 25 Advertisements Column 2
      407 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P. KELANG. PENANG. BUSAN. INCHON STRAITS/KOREA SERVICE Votaott Nam ETD BS BKK S PORE PKELANC BUSAN HO JI •CJorn/TON 10/02 22/02 2S-26A2 27 77K8 10-11/03 13m No 7 Donam/K2N ***** M OMt3 0647/03 17 20/03 22«3 No I Donjm/KJ2N 20/02 02/03
      407 words
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      Page 25 Advertisements Column 3
      760 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. SLAM M/S HANXING SYSTEM CO SON MO MESSRS MAI TNONC SHIPPING 127 Pwmm StrMt. PvtM* Mat
      760 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      324 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 (30 Lmes. FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD Vtß DEUTF R ACHT/SEE RE EDERE I ROSTOCK INTEGRATED FULL CONTAINER SERVICE "VIA COLOMBO: Accaptir* argo for INDIA Bombay, Cochin, Madras I Calcutta -VIA LARNACA: Aaapbnc
      324 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      182 26 Regional Weather r: r* m WA 4 'A m 0 as t »L m sc y *'S !Tj *2 t -f SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND c/* Wind direction with speed in knots Wove height One hoM Heche represents 5 knots R Thunderstorm Temperature
      182 words
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      Page 27 Advertisements Column 1
      585 27 <CFS> CRYSTAL FREIGHT SERVICES PTE LTD T«l: *****88 Tlx: ***** Fax: *****88 REGULAR CONSOL PORTS: LA/NY 26/2, 8/3 BOMBAY ROT/HAM 26/2, 5/3 COLOMBO AUCK/WEL 7/3,25/3 CHITTG BYD/MEL 2/3, 9/3 BUSAN KEE/KAO 28/2, 6/3 H.KONG 3/3,26/3 1/3,10/3 27/2, 6/3 3/3,10/3 1/3, 7/3 TOK/YOK 29/2, 7/3 BANGKOK 28/2, 5/3 P.K/PEN 26/2, 5/3
      585 words
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      Page 27 Advertisements Column 2
      215 27 <t> UNIPACIFIC TRANSTRADING AGENCY PTE. LTD. c n a 'IJ mil ojjif j. —fc// Algerian National Line n jjj a^=>fU±j[ S PORE LOADING FOR M.V. AIN TEMOUCHENT m n alger. oran. ANNABA/TUNIS M.V. BIBAN 29/2 JEOOAH, ALGER ORAN. ANNABA ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heevy Lift 100
      215 words
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      Page 28 Advertisements Column 1
      720 28 ta FINE LINKR SHIPPING PTF I I I) 1 /O Shenfon Wiy W o<>C Mjnru House S pore 0?0' TFI ??b9077 (6 Lines) TLX RS ??W1 FIINER TAX EUROPE SERVICE 2ME?r :T iririr?7'"TTTWiiir*ii': <i r i. 1 jhimv u a us ra if, ra iss iss FAR EAST SERVICE al2
      720 words
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      Page 28 Advertisements Column 2
      345 28 ZIM ULL CONTAINER SERVICE accepting FCL/LCL cirfoes to USA Dtt t Weft Coast CarribbMn Eift Canada HAITI Co*ta Rica. El Salvador Guatemala Honduras Venezuela. Peru Ecuador. Colombia via Miami Trinidad Barbados. Antifua St Lucia. Hontsorrat. Cuayana via Kingston HAIFA 1/3 ZIM HAIFA t/3 ZIM SAVANNAH I 4M 1/3 zn savannah
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      525 28 r~~ Everett Lines! COMPANIA PERUANA DE VAPOR ES "PERUVIAN STATE LINE" LOADING FOR CALLAO. MATARANI, ILO* AND ALL OTHER 'PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Pwung* P. Ktlanff* Singapore THOMASEVERETT it MUr HUGHEVERETT 11/13 Mar MANOLOEVERETT MfM Mar EVERETT ORIENT LINE'
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      107 29 nSßiQTnn^ LCL WEEKLY SERVICE TO: KEELUNO 24/2 HAM/MEM S/3 BANGKOK 3412 ROTTERDAM «/3 NOMOKONO 25/2 TILBURY S/3 FRWIANTLE 29/2 SYD/MELB 2/3 adelajoe 29/2 (transit time 12 daya) WEEKLY CONSOL. SERVICE FROM GERMANY ETD GERMANY ETA SPORE CON-CARRIER 51/17 3/2 2*2 CON-CARRIER 57/17 11/2 3/3 LCL SERVICE TO CARRIBEAN PORTS ST
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      77 29 Tfll KUANG HANG CO PTC LTD Vessel MV CHRISTINA MV MARINA I Destination PALEMBANG/PONTIANAK PALEMBANG/PONTIANAK 105 Cecil Street #16-03/04 THE OCTAGON Singapore 0106. Tel: *****77/*****73 FAX: *****64 I TflYO SHIPPING LINES LTD TEL *****25 (3 Lines) TLX US ***** TAYOIN FA* *****0/ VESSEL S PORE LOADING FOR a"™*!. 0 1
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      479 29 TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LUCKY SEAWAY SERVICES PTE LTD Tin ***** Fax: *****77 S.E.ASIA/CHINA SERVICES SGP PKLANG PNG FOR TBN 15/3 SHANGHAI E. AFRICA/RED SEA MEDITERRANEAN SERVICE KTN SGP FOP RUVU 4/3 MUKALLA/ALEXANDRIA/DAR ES SALAAM RUAHA 25/3 MUKALLA/ALEXANDRIA/DAR ES SALAAM COLOMBO SERVICE TO/FROM SGP PKLANG PNG
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      Page 29 Advertisements Column 4
      552 29 POH TIONG CHOON SHIPPING (PTE) LTD TEL: *****66 (10 LINES) FAX: *****41 TELEX: R*****6 POHSHIP LCL/FCL SERVICE TO KEELUNG/KAO 28/2 6/3 13/3 BUSAN 1/3 6/3 15/3 HONG KONG 22/2 1/3 7/3 TOKYO/YOKO 25/2 3/3 18/3 BANGKOK 27/2 5/3 12/3 UK/EUROPE 24/2 9/3 21/3 JAKARTA 25/2 USA/CANADA 6/3 18/3 26/2 MANILA
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      397 29 PERCH OCEAN LINES (Perfect China Ocean Shipping Lines) Destinations: from port kelang/singapore SHANTOU, GUANGZHOU HUANGPU, XIAMEN WPPkI V HAIKOU, ZH AN JIANG n tLIXL 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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      361 30 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** 8, RS ***** ft. 1 \S I I K\ K I l\l K III) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS 'Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE POUTS,
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      441 30 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/HEXICO AND FRENCH WEST INDIES For Gulf: Miami, Mobile. Vera Cruz, Mexico City. Also serving Halifax, Montreal, Toronto. New York, lattimore. Portsmouth, Norfolk. Savannah/ FRENCH Indie* Port 0* France. Point™ A. Pttre, Degrad T 0 COLUMBUS LINE REEDERE! GMBH (A
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      269 30 REGULAR TSR SERVICE TO KABUL/HAIRATON/TORG/IRAN/E.BLOC WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK Agent: NINON-ASM SNIPPING (S) PTE LTD Tel: *****88 (8 Lines) Tlx: RS ***** 111Nfl SHIPPING 222f&fftaXisr UUIIU PTE LTD 71X1 s ***** ricuiu FAX *****14 TIMBER/BREAKBULK SERVICE RANGOON S PORE BKK HKG KEE QINGOAO SILVER HAWK In
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      860 30 DMWt aaas CALL US AT: P. KELANG PENANG J. BAHRU I P. GUDANG SINGAPORE 1 K. LUMPUR *****53/*****11 04-*****2/4 *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE lIZZZZ2I KMAJ KOftftKAN TO EUROPE PENANG I. BUTANC 41» BUTANC 4fl I BUTANC 48 IB BUTANC 425 OTHER
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