The Business Times, 29 February 1988

Microfilm: NL16090
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 MONDAY, FEBRUARY 29, 1988 75 CENTS
    11 words
  • Article, Illustration
    Economy expanded by 8.8 per cent last year
    619 1  -  Manufacturing sector led broad-based growth By ZHOU MEI THE RECESSION of 1965 is now history. Singapore has bounced hack decisively on to the growth path, the tentative recovery of 1966 having spread into broadbased growth in 1967. The economy expanded last year
    619 words
  • Article
    Commerce and industry make wishes for the new fiscal year
    269 1  -  By LOH HUI YIN THE Singapore Federation of Chambers of Commerce and'lndustry has issued a wish-list in connection with the government's 1987 economic survey report. Above all, it is important that the current cost of doing business is not raised
    269 words
  • Article
    Manufacturers are still moderately upbeat
    358 1 MANUFACTURERS remain moderately upbeat about business prospects for the first half of this year, according to a survey by the Economic Development Board. Over the next 12 months, manufacturing companies expect to continue investing, and at a faster rate than they did in the previous
    358 words
  • Article
    Lock icon Hongkong's trade balance swings into surplus
    123 1 Reuter HONGKONG had a trade surplus of HK$l.69 billion in January after showing a HKJ9II million deficit in December and compared with a HK52.54 billion surplus in January 1987, Census and Statistics Department figures show. January domestic exports fell 12.6 per cent to HK516.48
    Reuter  -  123 words
  • Article
    Big banks call in consultants to help chart strategy
    545 1  -  By LEONG WEN WAN THE CHANGING financial landscape in Singapore has led two large banks to invite management consultants to help them gear up for the next decade. Oversea-Chinese Banking Corporation and the Singapore branch of Malayan Banking have appointed Spicer
    545 words
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      Page 1 Advertisements Column 1
      407 1 Need a housing loan? W\YIOO\G 737-7977 jjpj (bong Mortgage And Kinance (S) Ltd A wholly-owned subsidiary of Hongkongßank 6 Claymore Hill #03-01. Claymore Plaza Singapore (JM22 1 SCANDINAVIAN Airlines System chief Jan Carlzon is Sweden's answer to Lee lacocca a charismatic executive who revitalised a major corporation and then wrote
      407 words
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      Page 1 Advertisements Column 2
      305 1 More reports on the Economic Survey off Singapore 1987, FOCUS, Page 9 Gatt forecasts 4pc growth, Back Page OECD exorcises the ghost of the October crash, Page 6 Third World growth seen as vital to the US, Page 6 \mm MONEY EXCHANGES commoothes AIRCRAFT SCHEDULE CROSSWORDS TV RADIO PRESIDENT Corazon
      305 words
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      Page 1 Advertisements Column 3
      162 1 A-ONE BOUTIQUE PTE LTD LIANG COUKT COMPLEX 177 MVE* VALLEY ftOAO UMT 0»-1* SMGAPCME Ml 7 TELEX RS3MO6 ACCOi TEL MUD Tho drtvo to booot productivity, Pago 15 Saturday Roundup TOOAY BT introduces Saturday Roundup, a quick look at the important events of Saturday. We hope the column will help
      162 words
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  • MANAGEMENT
    • Article, Illustration
      Lock icon A visionary shares his dreams
      1559 2 NYT JAN CARLZON, the tall, blond 46-year-old president of Scandinavian Airlines System, is Sweden's answer to Lee A lacocca: a charismatic executive who revitalised a major corporation and then wrote a runaway best-seller about his managerial exploits. As Carlzon's punchy and preachy "Moment of Truth"
      NYT  -  1,559 words
    • Article
      Growing up to take on the big boys
      1088 2  -  C^S22^SSZ9 By TAN CHENG HWEE A COMMON characteristic of small businesses is that they do not have explicit long-term strategies or long-tsrm stratsgic plans, such as might be found in larger companies. Nevertheless, the key policies which their founders snd/or managers are
      1,088 words
    • Article, Illustration
      Lock icon How to break into difficult markets
      1014 3 FT SOME TIME over the next six months the Yeman Garment Factory in Sana a. North Yemen, will start producing Lee Cooper jeans. Its output will not be large 200,000 units a year at most but it will be the only jeans producer in
      FT  -  1,014 words
    • Article, Illustration
      NPB sets up new productivity training institute
      534 3  -  By WILLIAM CHIA THE NATIONAL Productivity Board has regrouped its entire training operations under a separate training centre called the Institute for Productivity Training (IPT). Director-designate of the institute, Mr Jimmy Low Khee Mian, intends to make the institute the pace setter and
      534 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      193 2 4 -tici r' irl I "If PT* 8 I Hfi!i I Hh& n// I ,W!# I I J' f -i If doubts and fears are holding you back firom exploring new markets abroad, get the guts and financial muscle from ECICS. Venturing into new markets abroad may seem like plunging
      193 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      201 3 a W- V". The Swissline OA Office System By Diethelm IF YOU KNOW DIETHELM ONLY FOR THEIR CHAIRS, IT'S TIME YOU TOOK A LOOK AT THEIR NEW OFFICE. The making of fine office chairs is regarded by many as a field in which we at Diethelm particularly excel. But while
      201 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      148 4 Don't let the cat out of the bag! T\\e place for the first soothing drink of the evening or the last smooching dance of the night. Where talking with friends doesn't involve a loud hailer and getting a seat at the bar isn't a lifelong ambition, will very soon be
      148 words
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  • COMMODITIES
    • Article
      Palm Oil
      283 5 THE MALAYSIAN crude palm oil (CPO) market closed lower last week due to buyers' reserve and speculative selling. February's local delivery average price eased M 576.50 over the week to close at M 5918.50 a tonne on Friday from M 5994.00 a tonne a week earlier. On the
      283 words
    • Article
      Rubber
      172 5 THE Malaysian rubber market closed steadier last week with March International Ones up three Malaysian cents to 283.50 cents a kg. Dealers said nearby buying with the absence of sellers helped the market to close higher in thin trading. Seller's reserve and firmer Japanese closing advices helped the Malaysian
      172 words
    • Article
      KL Tin
      120 5 THE Kuala Lumpur Tin Marfcat roaa 24 Malayaian cants ovar the week on continued buying damand to close at $17.40 a kg on Friday. Oaalara attributad this to strong starling against tha Malaysian dollar and ovarsaas support. Trading was ganaraliy modarata with a total turnovar of 474 tonnas
      120 words
    • Article
      Produce Prices
      136 5 Chinese Produce Exchange Stlltn noon doling pc cm on Fob 27 (SS/100 kg) Coconut oil Buh FOB 110.00 OW drum FOB 120.00 N*w drum FOB 124.00 Copra Mixed (Ioom) 63 Pepper ••Hart Muntofc «M* FOB NIW 1115.00 Sarawak WMt* FOB faq NLW 1100.00 Sarawak black FOB NIW 812.50
      136 words
    • Article
      Soybean
      48 5 SOYBEAN futures in Chicago spiked up on Friday's close from modest midsession gains to close 5% to 3.0 US cents higher. May was up 5% cents at U556.34 a bushel. Soymeal was up US$l.7O to US$O.2O a tonne and soyoil up 0.04 to 0.10 cent a pound.
      48 words
    • Article
      Wheat
      45 5 WHEAT futures closed 2 y A to US cent lower in Chicago on Friday with May down 1.0 cent at U553.24% a bushel. Corn futures closed 2% to H cent higher with May up 1K cents at U552.0614. March gained against the deferred months.
      45 words
    • Article
      Lock icon Gold under renewed selling pressure
      244 5 Green N Collier Bullion Pte Ltd AT NEW YORK s Commodity Exchange last weak, precious gold came under renewed selling pressure to finish at the lowest level since April last year. Spot gold settled last Friday at U*****.60 an ounce, a dip of U5515.50 over
      Green N Collier Bullion Pte Ltd  -  244 words
    • Article
      London Markets
      297 5 Commodity Exchange •wyef/Se#ef dosing price* on Feb 26 (£/tonne unlets specified). Previous dosing prices In parenthesis. Coffee Rotts in-store London, sellers option OF London Mar 1225/1226 (1232/1233) High/Low 1238/1223 May 1257/1258 (1260/1261) High/Low 1266/1250 Sales (5250) Cocoa Mar 981/982 (1005/1006) High/Low 1014/981 May 1009/1010 (1029/1030) High/Low 1038/1005 Sales
      297 words
    • Article
      Lock icon London metals in the limelight
      1000 5 Nickel soars, gold and silver fall AFP ATTENTION was focused on metals during the past week on London commodity markets. Gold and silver fell to their lowest levels for ten months, depressed by world over-production of precious metals and by receding inflationary fears in the
      AFP  -  1,000 words
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      Page 5 Advertisements Column 1
      324 5 < r;-* w -A V--' w 1 is 3 > *nrin ::v Su v>- 51 4 J > ;>/■ t >w L J i. W ir.; .1 I ft 3 f -s ■I*' i n T lO* m Mi A -a •> wife *1 f > acpf*"r S A V.*
      324 words
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  • OVERSEAS
    • Article
      Lock icon OECD exorcises ghost of October crash
      483 6 Grouping sees need to raise growth forecast Reuter LEADING industrial nations have agreed at high level talks that pessimism on global expansion prospects after the October stock market crash was overdone and world growth estimates made then would have to be revised upwards. Economists
      Reuter  -  483 words
    • Article
      Philippines out to promote trade with India
      345 6  -  Aquino invited to visit sub-continent By HARISH MEHTA PHILIPPINE President Corazon Aquino has proposed a package of economic measures to promote bilateral linkages between the Philippines and India. The proposal was contained in a letter to Indian Prime Minister Rajiv Gandhi which will
      345 words
    • Article
      Lock icon India expects one to two per cent growth
      274 6 Reuter INDIA expects its economy to grow by one to 2 per cent in the current financial year ending March, according to a Finance Ministry survey. The economic survey said growth was mainly due to industrial expansion, which reached 10.2 per cent
      Reuter  -  274 words
    • Article, Illustration
      Lock icon Aquino admits mistakes, asks for more time
      171 6 AFP PRESIDENT Corazon Aquino admitted making mistakes but asked for more time in a speech after witnessing a satire of the first two years of her administration, a palace statement said in Manila on Saturday. Mrs Aquino told the members of the National
      AFP  -  171 words
    • Article
      Lock icon Third World growth seen as vital to US
      448 6 AP ONLY STRONG GROWTH in the Third World can attract enough American goods to solve the United States' own problems, and such growth in turn requires more US help, according to a new study. "Conventional wisdom currently holds that the (US) trade
      AP  -  448 words
    • Article, Illustration
      Lock icon A bumper crop of UK farming bankruptcies
      289 6 UPI FARMING BANKRUPTCIES in Britain are running at record levels and a large number of agricultural businesses are teetering on the edge of insolvency, according to a report out last week. Farmers' indebtedness at over £6 billion (US$lO.B billion) was four times higher
      UPI  -  289 words
    • Article
      Lock icon Consultant expects property upturn in Malaysia
      366 6 MBT AN INTERNATIONAL property consultant has forecast strong demand for residential snd industrial properties and higher occupancy rates for the hotel industry in Malaysis this year. QH Williams. Tathar aM Wong (WTW) said the Malfcirsian government's industrialisation efforts, promotion of foreign investment and tourism
      MBT  -  366 words
    • Article
      Lock icon Taiwan may ease ban on indirect imports from China
      272 6 Reuter TAIWAN is considering relaxing a ban on indirect imports of industrial raw materials from China. Economic Minister Lee Ta-Hai said. He said on Friday the ministry would soon ask the Board of Foreign Trade to draft ways of relaxing indirect
      Reuter  -  272 words
    • Article
      Lock icon British Telecom pays up and sets a record
      122 6 Reuter BRITISH TELECOM has entered the Guinness Book of Records for the largest cheque ever written in Britain paying tax of more than £667 million. The cheque, delivered by messenger, was to the Inland Revenue Department for most of the telecommunication firm's
      Reuter  -  122 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      888 6 ARRIVALS Operator S*rvk* Local From number tim« UA UA805 0120 SFO/HKG MAS AAH619 0125 KUL AC AC 581 0200 KICK PU PK766 0505 KM/IKK SU SQ40I 0550 CMB SA SQ41 0610 AAAA MAS MH601 0730 KUL SiA SQ45 0750 MRU StA SQ4II 0750 tOM MAS MM681 0820
      888 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      120 6 The software package that pays! Q| Payroll. 2. One of the most flexible and comprehensive packages available today. Success proven by over 6 years of research and refinement. Backed by strong service from a long-established software firm. MAIN FEATURES: Flexible expand without changing the system Comprehensive can even define earning
      120 words
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      Page 6 Advertisements Column 2
      35 6 The business person's choice every Tuesdoy. Thursday, Saturday and Sunday Leaving Changi Airport at 22 05 hours and arriving Heatnrow early the following mornmg Colt your Travel Agent or Air Canada at *****55. AIR CANADA <$):
      35 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      41 6 Doonesbury S m 1 t: m OKAY... I MEAN, IF you THINK. I'M 1&W... IPO.iOUMXJtUHY? BBCAUSeiBSUBVe UJB'VB BUILTA REAL FOUNDATION OF TRUST, n PON7 your BY GARRY TRUDEAU UJB6O. r I 0 RZADY^ OH, BOY. eve*YOH.BOY... v™* ON£ BACK! i* I
      41 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      236 7 H JL JLappily, as a guest at the new Carlton Hotel, you'll appreciate your predicament. Our central location means we're ideally placed for the city, all the best shopping and most of the main tourist landmarks. Most places shown on the map are within easy walking distance none will give
      236 words
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  • PERSPECTIVE
    • Article
      Lock icon M'sia sees better ties with Soviet Union as healthy
      881 8  -  Malaysia is expanding trade links with the Soviet Union in an attempt to move away from dependence on traditional markets. The move does not mean that the country is closing its doors to the West, but that it is taking its
      Bernama  -  881 words
    • Article
      Lock icon Crash helps keep NZ's inflation under control
      603 8 Reuter AN ECONOMIC DOWNTURN following the stockmarket crash has convinced many New Zealanders that inflation has been curbed. Most economists predict 1988's inflation will be 5 to 7 per cent, with gross domestic product shrinking one or 2 per cent. Inflation in calendar
      Reuter  -  603 words
    • Article, Illustration
      Lock icon Tribal homelands: the problems are coming home to roost for South Africa
      913 8 AP LIKE TROUBLESOME CHILDREN who won't leave home, tribal homelands linger on South Africa's doorstep, bringing fresh problems for the white minority who designed them. Besides the army coup in Bophuthatswana recently and South Africa's military intervention, two
      AP  -  913 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      1249 8 m OKE) GMDIK) IB 12 7.30 PM Opening and Programme Highlights followed by Lord Peter Wimsey The Nino Tailors (Pt 2). 8.30 Adam Smith's Money World Sports Salaries (See highlights). 9.00 Shoaxing Operas Carp Goddess. The PRC Shanghai Red Mansions Yue Opera troupe performed the 'Carp Goddess' at the Kallang
      1,249 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      696 8 CRYPTIC PUZZLE ACROSS 1 Finds fault with the car as an afterthought (5) 6 House and ground (5) 9 Help a clown to' come round when stunned (4. 3) 10 Where a cab turns up (5) 11 Black girl on TV, etc (5) 12 Vessels for which there are a
      696 words
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  • FOCUS
    • Article
      Most industries chalk up double-digit growth
      298 9 MANUFACTURING THE MANUFACTURING sector surged further last year with a 17 per cent growth, double the 1986 rate of 8.6 per cent. Expansion was broad-based, but the star performer was again the electronics sector. Except for petroleum, which shrank, most industries notched up doubledigit
      298 words
    • Article
      Singapore's external trade, 1984 -1987
      151 9 TRADE million) Annual percentage change 1985 BEZ3I 1987 1984 1985 1987 1 WK~b„ t At current prices Total trade Imports 112,474 61.134 107,996 57,817 104,531 55,545 128,881 68,415 6 3 -3 -4 23 23 Exports 51,340 48,986 60,266 11 -2 23 Domestic exports 33,051 32,062
      151 words
    • Article
      A big boost from electronics
      166 9 MULTINATIONAL corporations (MNCs) in Singapore's electronics industry are not only behind the surge in Singapore's domestic exports; they are also behind a strong increase in the reexport trade. Demand for electronic products, the bulk of which are made by MNCs, contributed 60 per cent to
      166 words
    • Article
      Singapore up against a fast pack
      564 9 OTHER ECONOMIES SINGAPORE'S robust 8.8 per cent growth rate in 1987 paled against the double-digit growth of the other Asian newly industrialising countries (NICs). Hongkong surged forth with a 13 per cent growth rate last year; South Korea 12 per cent and Taiwan 11.6
      564 words
    • Article, Illustration
      Lock icon Japan in top spot for second year
      369 9 FOREIGN INVESTORS JAPAN emerged as the top foreign investor in Singapore for the second year running, committing some $476 million worth of investments in 1987. The Japanese commitments accounted for 34 per cent of the total sum of $1.4 billion invested in Singapore
      Source: Economic Survey of Singapore, 1987  -  369 words
    • Article, Illustration
      Lock icon Singapore returns to 1981's level of competitiveness
      474 9  -  The Singapore Economic Survey 1987, encapsulating the performance of the various sectors of the economy last year, has been released. Today, ZHOU MEI, ANNA TEO and CHUANG PECK MING look at salient developments in the real economy as contained in the first part
      Source: Economic Survey of Singapore, 1987  -  474 words
    • Article
      More SMEs benefiting from EDB schemes
      202 9 SMALL BUSINESS MORE small- and medium-sized enterprises received help from various Economic Development Board schemes last year. The number of SMEs supported under the Small Industry Finance Scheme (SIFS), Small Industry Technical Scheme (SITS) and the Business Development Scheme grew 41 per cent from
      202 words
    • Article, Illustration
      Lock icon 'Plus plus' adds up to $38m in revenue
      309 9 TOURISM THE "PLUS PLUS" at the end of hotel and restaurant bills added up to $38 million in revenue for the government last year. Baaed on the cess collection, room and food and beverage sales reached $1.26 billion, an increase of 13.8
      Source: Economic Survey of Singapore, 1987  -  309 words
    • Article
      Wages rise slightly, but remain competitive
      415 9 WAGES WAGES went up slightly last year but Singapore still maintained a competitive edge over Taiwan and South Korea because local pay increases lagged behind productivity, resulting in lower unit labour costs. Productivity growth, however, slowed down aa the economy absorbed more workers to
      415 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      113 9 3 Weekly Rights from Singapore to Europe via Moscow. You can make a stop-over at Moscow and enjoy the best from the USSR. One weekly flight to Tashkent the fourth largest city in the USSR and one of the most ancient cities of Central Asia, rich in Muslim heritage and
      113 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      440 10 The Rolex workl of Golf ft? h M 1r> m-w& a mm* «V WE V mm 1 M ROLEX THE GAME. That satis _ur»4rl fying "click" as club face WUrHI Iff makes perfect contact The sight of the ball soaring straight and true down lush green fairway. A perfectly judged
      440 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      544 11 I "ROT.FiX THE NINETEENTH ZL HOLE. The victors are WOrlfl Ot victorious and the nOT V opponents vanquished. UV/ljr Now is the time to savour the great shots over a leisurely lunch in the sun. Almost inevitably the winners will be those with the greater consistency and reliability. The ability
      544 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Tomba stamps mark on Calgary Games
      333 12 AFP WITH ONLY just over 24 hours before the official closing, the Winter Games finally found on Saturday the one thing it desperately needed a star. It came in the burly form of Alpine skier Alberto Tomba rugged, handsome but most important of all
      AFP  -  333 words
    • Article, Illustration
      Lock icon Witt wins as Thomas tumbles
      274 12 AFP EAST GERMAN figure skating femme fatale Katarina Witt won the much awaited "Battle of Carmen" against American Debbi Thomas to retain her Olympic title in Calgary, Canada, on Saturday. While the 22-year-old Witt lay dead on the ice at the end of her dramatic
      AFP  -  274 words
    • Article, Illustration
      Lock icon Navratilova to meet doubles partner in Washington final
      268 13 Reuter TOP SEED Martina Navratilova defeated fourth-seeded Australian Hana Mandlikova, the defending champion, 6-4, 6-2 on Saturday to set up a final against doubles partner Pam Shriver of the US at the US$3OO,OOO Washington Tennis Tournament. Shriver, seeded second, earlier eliminated third-seeded
      Reuter  -  268 words
    • Article, Illustration
      Bruckner hangs on to win Rolex Masters crown
      632 13  -  By WALTON MORAIS NEITHER A HOLE-IN-ONE nor a mid-round shower could throw Greg Bruckner off his victory stride. Once the Californian had settled into a victory groove, there was nothing his rivals could do. Jeff Cook, beginning the day seven strokes off
      632 words
    • Article
      Lock icon Winless wonder takes lead in LA Open
      198 13 UPI CHIP BECK, winless in 10 years on the PGA tour, fired a six-under-par 65 last Saturday to take a three-stroke lead after three rounds of the U*****,000 Los Angeles Open. Beginning the day one stroke behind co-leaders Jay Haas and Ben Crenshaw,
      UPI  -  198 words
    • Article, Illustration
      Lock icon Masterly driving earns Bonnett Nascar 500 win
      219 13 AP NEIL BONNETT held off a strong finish from Bobby Allison yesterday to win the A 5250,000 Qoodyear Nascar 500 stock car race at the Calder Park Raceway in Melbourne. It was the first Nascar event to be held outside the US. Bonnett
      AP  -  219 words
    • Article
      Lock icon Jaguar winning when it's not supposed to
      412 13 AP JAGUAR was not supposed to win the Daytona 24-Hours. The British-built sports car prototypes do not have the straightaway power of the turbocharged Porsches, or the reliability to finish a twice-round-the-clock race. And Scotsman Tom Walkinshaw's three-car Jaguar team was new to
      AP  -  412 words
    • Article
      Lock icon Torrence rallies to win 40th straight race
      308 13 Reuter AMERICAN SPRINTER Gwen< Torrence won her 40th successive race with a dead heat fin- > ish in the finals of the women's I 55m at an indoor athletics meeting in New York on Friday. Torrence came back from a had start to
      Reuter  -  308 words
    • Article, Illustration
      Lock icon Holyfield waiting for a shot at Tyson
      682 13 UPI LIKE MICHAEL SPINKS, Evander Holyfield is preparing for a June challenge against Mike Tyson. The difference is that Holyfield expects his turn to come in June 1989. Holyfield, who holds two world cruiserweight titles, is beefing up from 190 pounds (86kg) to
      UPI  -  682 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      231 12 4 CQURyoiSIER XO~Where to eat, drink... FEBRUARY Tender and juicy Australian steaks so tempting that youV come back for more. Black pepper steak, rib-eye steak, sirloin and others to tantalise your taste buds A Cafe Vienna Supplement ->v-s M V m ■m Don'l M our Chicken Promotion iiypasf you! Starting
      231 words
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      Page 12 Advertisements Column 2
      190 12 0 $6 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 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
      190 words
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      Page 12 Advertisements Column 3
      144 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 REGENCY©SINeAPORE 10-12 Scotts Road. Singapore 0922 FKAST OK FAMILIAR FAVOIRITKS: Help yourself to more than 15 delicious dishes, including tasty seafood
      144 words
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      Page 12 Advertisements Column 4
      253 12 A great time with great people at Gub 5. Enjoy an evening with the people who gave you the great hits of yesteryear. Familiar melodies that you can sing or dance to. Happy Hours: spm Bpm, Monday to Friday 1 1 for drinks by the glass and a free pint
      253 words
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      Page 12 Advertisements Column 5
      224 12 JustrianFest From the land of "The Sound of Music' comes another art form delicious food like Wienerschnitzel, Fiaker goulash, ftiprika 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' 11 enjoy the feast as
      224 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      386 13 and entertain 4 t J There's a cafe on a lush, green hi 11... where you can take a break. Meet friends. Relax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Curry. Rahmschnttzel. Hainanese Chicken Rice. And much more. At Cate in the
      386 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Analysts expect $ to have it rough
      620 14 Analysts expect to have it rough Support level may well fall to 125-126 yen Reuter THE US DOLLAR will have a bumpy ride in March and its support level could shift downward to 125-126 yen, according to Japanese currency analysts. This is because of expectations of a wider, seasonally adjusted
      Reuter  -  620 words
    • Article
      Lock icon Japanese banks seek niche in Atlanta
      345 14 Reuter JAPANESE banks, after establishing a foothold in New York, California and Chicago, are quickly setting up branches in Atlanta, trying to carve out a niche in that rapidly growing city. Japanese banks are willing to offer lower interest rates to attract business, but
      Reuter  -  345 words
    • Article
      Lock icon Support for Eurobank proposal
      126 14 Reuter WEST GERMAN Foreign Minister Hans-Dietrich Genscher said yesterday his proposal for a European central bank was backed by European Community (EC) Commission President Jacques Delors and the chairman of West Germany's biggest bank. Genscher's plan, sum- marised in a memorandum released on Friday, calls on
      Reuter  -  126 words
    • Article
      Asian $ market
      211 14 Asian market ASIAN CURRENCY avorog* d*po»it roto» for lh« week •nded Fob 26 High MCU Low US S 7 days 6 11/16 6 5/8 1 muMtll 6 13/16 6 5/8 2 mumtw 6 13/16 6 3/4 3 moMht 6 13/16 6 3/4 6 mut<hs 6 7/8 6 13/16 9 monltn
      211 words
    • Article
      Short-term money
      29 14 The range of call rates for the week ended Saturday, Feb 27 s Bonk fund 2.80 3.25 G*n fund 200 3.25 Movement* of funds M$ 1,636*. Source:
      29 words
    • Article
      Lock icon Banks bid cautiously for Mexico's debt-swap bonds
      242 14 UPI JAPANESE, US and European commercial banks have bid for a fairly small amount of debt-swap bonds offered by Mexico to reduce its huge external debt. News reports yesterday said bids submitted by Japanese institutions totalled about US$l billion while those by US
      UPI  -  242 words
    • Article
      Lock icon Forex markets
      1286 14 AFP THE APATHY which befell markets last week not only affected dollar trading, but spilled over into cross-trading at times as well. US$ Japanese officials and Swiss National Bank president Languetin had said the previous week that another drop of the dollar could not be ruled out due
      AFP  -  1,286 words
    • Article, Illustration
      Prime lending rates
      506 14 Indicates th« avarag* of #»a prim# tending rate* of 12 majof banks In S'pora PIR of bonks at ihe dose of business on Friday, Fob 26, at supplied by the Association of Banks in Singapore. SANK PL* Algernon* Bank 6ft Allied Irish Bank PLC 6 American Express
      506 words
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      Page 14 Advertisements Column 1
      217 14 fir i business to run, a busy schedule i to keep... SINGAPORE BUSINESS understands your commitment to your work. So, instead of having to go out in the sweltering heat or get held up somewhere in a traffic jam on your way to get your latest issue of SINGAPORE BUSINESS,
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      Page 14 Advertisements Column 2
      9 14 IB BANQUEINDOSUEZ 3 Shenton Way, Shenton House, Singapore 0106
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  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      49 14 Moscow Nassau ki rwki nfw L/9Wn New York Nicosia Oslo Paris Forth Rio 'Jonoiro 26/12 Cloudy unav 34/24 Cloudy unav unav 06/05 Rain 34/22 Sunny 20/17 Pair Son Fris'co San Juan Santiago Sao Paulo Seoul Stockholm Sydney Taipei Tel Aviv Tokyo Toronto Vancouver Vienna Warsaw Vl/r,-jiljL-li-tj l ▼v asningTor
      49 words
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  • BANKING AND FINANCE
    • Article, Illustration
      How to wriggle out off a suit without losing your shirt
      896 15  -  by PAUL FRANKLAND VERY FEW PEOPLE deliberately get an the wrong side of the law, but as the old saw goes, accidents will happen. And usually, they are somebody's fault. Unfortunately, that somebody could all too easily be you.
      896 words
    • Article
      Lock icon Security Pacific all set to consolidate its gains
      593 15 Reuter SECURITY PACIFIC Bancorp has traded its aggressive acquisition strategy of recent years for one of increasing profitability, cutting costs and increasing efficiencies, chairman Richard Flamson said in an interview in Los Angeles. Mr Flamson said he plans to increase the bank
      Reuter  -  593 words
    • Article
      Alexander Proudfoot helping three banks to boost productivity
      390 15  -  By LEONG WEN WAH ALEXANDER Proudfoot, the productivity consultants that shot to prominence in the wake of Standard Chartered Bank's retrenchment of 100 employees last December, has been assigned by three banks in Singapore to perk up their productivity since the consultants
      390 words
    • Article
      Lock icon HK bank body cancels interest rate recommendation
      90 15 AFP THE HONGKONG Association «of Banks announced on Saturday that it was lifting a recommencjstion that local banks refrain frcjm paying interest on deposits exceeding HK$5OO,OOO (U5564,000). The colony's interest-rate cartel announced in December! it would recommend punitive charges on Hongkong dollar savings
      AFP  -  90 words
    • Article
      Lock icon UK banks look to domestic economy for growth
      400 15 Reuter BRITAIN'S major clearing banks have reported results for 1987 that suggest continued reliance on strong UK economic growth to offset an erosion of profits caused by debt exposure to countries with payment difficulties. Lloyds Bank PLC announced a pre-tax loss of
      Reuter  -  400 words
    • Article
      Lock icon Algemene Bank Nederland expects reasonable profits this year
      325 15 Reuter LARGEST DUTCH bank Algemene Bank Nederland (ABN) expects what it describes as reasonable profits for 1988, after reporting a fall in 1987 net profit for the first time in its post-war history of 1.9 per cent to 517 million guilders from
      Reuter  -  325 words
    • Article
      Lock icon First Boston incurs loss over mortgage securities
      174 15 Reuter A SPOKESMAN for First Boston Inc said the firm lost between US$lO million to US$5O million over several months because of problems in its mortgagebacked securities trading operations. The problem came to light recently when First Boston took delivery of certain mortgage-backed
      Reuter  -  174 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      205 15 Seminar on "Automatic Teller and Point~of~Sale Security and Control" This one-day seminar is designed for financial managers/controllers, ATM/POS officers, auditors, accountants and EDP personnel who need to keep abreast of the developments in this increasingly important and complex area. It will be conducted by senior personnel from our Singapore office
      205 words
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      Page 15 Advertisements Column 2
      421 15 X The Nippon Credit Bank, Ltd (Incorporated in Japan) H»od Office: 13-10, Kudan-kita l-chonr»e, Chiyoda-ku, Tokyo 102, Japan. BALANCE SHEET March 31. 1987 and 1986 Millions of Yen OPINION OF INDEPENDENT ACCOUNTANTS lo The Board of Directors of The Nippon Credit Bank, Ltd. We have examined the balance sheet of
      421 words
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  • MARKET REVIEWS
    • Article, Illustration
      Investors stay on the sidelines
      5576 16  -  r 1 Singapore P By LISA LEE WILL THEY or won't they move in to buy? This will probably be the week's opening question asked by dealers of those sidelined local fund managers who had been frightened into hibernation last week. It was an extremely
      5,576 words
    • Article
      Lock icon Plunge in bullion price hits mining stocks
      303 16 w% \lAustralia AFP THE AUSTRALIAN share market closed the week easier after a nine-day rally came to an abrupt end last Wednesday. Brokers said a midweek US$9 an ounce (all in bullion prices, which saw the gold price plunge to a 10-month low
      AFP  -  303 words
    • Article
      Lock icon Equities gain ground in Zurich
      96 16 UBS THE UNDERLYING mood in the Zurich stock market remained positive last week. The gold price lost ground, putting equities under some pressure. The low volume of shares traded, however, turned out to be a good sign, and the Swiss Index added 1.8 per cent
      UBS  -  96 words
    • Article
      Lock icon Rally loses steam after run-up on Monday
      367 16 K.Lumpur *m 5 A MBT THANKS to strong gains on Monday, the Kuala Lumpur stock market finished higher last week for a second consecutive week of advances. It was also the first week of trading after the Chinese New Year holidays. The New
      MBT  -  367 words
    • Article
      COMPANY NEWS for the week
      424 16  -  compiled by JULIANA TAY Week ended Feb 26 SCRIP ISSUES M Banking: Proposed bonus issue of one-for-ten CORPORATE DEVELOPMENTS Under a 'shell reactivation' scheme, Oman Hop Australia Ltd will buy over the listing of Mulpha (Hongkong) from parent company, Multi-Purpose Holdings Bhd IMPHB), and create
      424 words
    • Article, Illustration
      Lock icon Index gains 55 points in post Lunar New Year rally
      745 17 L\ j I Hongkong y DBS Securities HK ACTIVE TRADING of selected issues pushed the Hang Seng Index up 55.88 points in an optimistic post-Chinese New Year rally on the Hongkong Stock Exchange last week. The index finished the week
      DBS Securities HK  -  745 words
    • Article
      Lock icon Nikkei Average posts fifth consecutive weekly rise
      231 17 AFP TOKYO SHARE PRICES recorded their fifth straight weekly advance last week, supported by active buying by institutional and foreign investors. The Nikkei Average closed the week at 25,284.87 on Saturday for a hefty 511.46-yen weekly advance. It has improved for 13 straight
      AFP  -  231 words
    • Article
      Lock icon October's crash still weighs heavily on Wall Street
      929 17 PI J New York m FT THE NUMBER 2,050 is taking on almost mythological significance on Wall Street. Three times since last October's crash investors have tried to push the Dow Jones Industrial Average through that level. Three times, most recently last
      FT  -  929 words
    • Article
      Promising recovery ends in reversal
      875 17  -  w m |CHD| .ondon J From RAY HEATH WHAT'S wrong with the London stock market? Share prices have virtually languished throughout February while those in other markets have been moving strongly away from October's lows. France has gained 20 per cent, Frankfurt 12 per cent,
      875 words
    • Article
      Tension runs high as budget day nears
      459 17  -  From SHIRISH NADKARNI and AJIT AGHARKAR IN STRIKING contrast to the optimism and hope that prevailed during the prebudget sessions on the Bombay Stock Exchange in the last three years since Rajiv Gandhi came to power. the sentiment this year before budget day
      459 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      27 17 frnmT< 'A vJA'a! T'fSS miStep, SPAIN MAOE Spain's No. 1 Fashion Shoe V DO DON I OBERMAIN LEONE L'STONY SIOUX MISTER ELY #02-28 RAFFLES CITY SHOPPING CENTRE
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      Page 17 Advertisements Column 2
      720 17 255 THE TOKAI BANK LIMITED Oncocporoted with Imrted kabdrty m Japan) Head Office: 21-24. Nshki 3-chome, Nako-ku, Nogoya (1b millions NON-CONSOLIDATED BALANCE SHEETS March 31, 1966 and 1987 ASSETS Cash and Due from Banks (Note 3) Call Loans Trading Account Securities (Note 4) Securities (Note 6) Loans and Bills Discounted
      720 words
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  • COMPANY NEWS
    • Article, Illustration
      Conflicting forecasts made for Ng's HK companies
      1180 18  -  Futures exchange incident raises questions By LEE HAN SHIH THE RECENT INVOLVEMENT of Ng Teng Fong's family in massive debts incurred on the Hongkong futures exchange has drawn attention to the state of health of its two property-based companies listed in the colony.
      1,180 words
    • Article, Illustration
      Dunlop posts 171pc rise in profits
      366 18  -  By AMY BALAN THANKS to higher commodity prices. Dunlop Estates Bhd has turned in substantially-improved results which together with favourable gains expected from another plantation subsidiary, Malaysian Plantations Bhd, should bring some cheer to its largest shareholder, Multi-Pur-pose Holdings Bhd. On the strength of
      366 words
    • Article, Illustration
      Ng quits as FCC chairman
      341 18 FORMER BANKER Allan Ng Poh Meng has officially stepped down as chairman and director of First Capital Corporation (FCC) as well as of 13 subsidiaries of the property company which he gained control of only 13 months ago. As widely expected, United Industrial Corporation (UIC)
      341 words
    • Article
      Bousteadco to buy air freight company
      366 18 TRADING-BASED Bousteadco Singapore Ltd has entered into a sale agreement to buy Merchant Air Cargo Pte Ltd (MAC) the air freight company once sought by Bonvests Holdings Ltd. Bousteadco, once said to be eyeing the freightforwarding and travelservice business, will pay $2.85 million cash
      366 words
    • Article
      APPROVED ISSUES
      16 18 Company BONUS ISSUE A|inomo?o On«-for fi*« E> dot* Mar 4 Boob dow Mar 18
      16 words
    • Article
      PROPOSED ISSUES
      158 18 Company RIGHTS ISSUE AMDS One-for four $0 50 per share C 1 Holdings 27 Million loan stocks in tfc ratio of $3 loon stock for every five ordinary shares s«ld Duto Cons One lor one )l 10 per shore fACB One tor one $040 per shore Hexza Corpn
      158 words
    • Article
      RESULTS DUE
      566 18 LAST FULL YEAR Comply Parted Data to* year Year •ndbig Nat EPS Uanti) Grom dt* tat pro#* ($"000) tit "Wl®0#vi Tofcyu Land Interim Jul 21 Sep 87 169 23.0 2.907(g) Interim Aug 22 Sep 87 3D 9771 Id) Owta Com Final Aug 28 Dec 86 4.8481 Fed Cobtoi
      566 words
    • COMPANY BRIEF
      • Article
        Kenneth Kajang incurs 16pc drop in profits
        84 18 INCH Kenneth Kajang Rubber PLC has recorded a 16 per cent decline in pre-tax profits to M 53.42 million (M 54.07 million) for the year ended Dec 31. 1987. Due to foreign investment income retained overseas, the taxation charge was low. At the
        84 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      93 18 This announcement appears as a matter of record only Carter Holt Harvey Finance N.V. U5545,000,000 Revolving Credit Facility Guaranteed by Carter Holt Harvey Limited Lead Managed by Kansallis International Bank (Asia-Pacific) Ltd Provided by Kansallis International Bank (Asia-Pacific) Ltd Banco di Sicilia, Frankfurt/Main Branch CIC-Union Europeenne, International et Cie, Singapore
      93 words
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      Page 18 Advertisements Column 2
      83 18 (CI llu 1 We are a well established institutional laundry based in Singapore and Malaysia, producing a superior quality service for a discerning clientele. We require an experienced manager capable of motivating a workforce of around fifty. Your knowledge must cover all aspects of laundering processes. This position offers good
      83 words
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  • WORLD MARKETS
    • Article
      Lock icon Stocks edge up in moderate trade
      1063 19 New York Reuter THE NEW YORK stock market drifted higher in moderate volume last Friday. A firmer bond market added to Wall Street's positive tone, traders said. Inflation data reported in the morning was as expected and provided little direction for investors. Lower oil
      Reuter  -  1,063 words
    • Article
      Lock icon Equities fail to sparkle
      871 19 London Reuter SHARES on the London market remained dull in late London trading laat Friday with the slightly higher opening on Wall Street having no impact on sentiment. Shares eased from the outset after Thursday's surprise collapse on the US market, which followed comments by the
      Reuter  -  871 words
    • Article
      Untitled
      1257 19 Amsterdam PH M U ABN Aagon A hold Akio Alranta AMEV Amro Bank Am Stad 38 20 86 70 73 00 100 00 148 00 44 30 83 70 127 00 -1.1 unch -06 0.3 unch 0.1 1 Barkal BOLS 13 ***** -05 -0.5 Borcumij 83 SO Buahrman Taflaroda 43
      1,257 words
    • Article
      Lock icon Chrysler studies China venture
      133 19 AFP A LEADING US car maker it conducting feasibility studies into a joint venture to produce 30,000 cars annually in China, the official Chirm Daily reported on Saturday. The project is between Chrysler Corp and the First Auto Works (FAW) in Changchun, capital of north eastern
      AFP  -  133 words
    • Article
      Lock icon Consortium wins HK$2b contract
      247 19 Tunnel project to start in June Reuter THE HONGKONG government has selected a consortium led by Gammon (Hong Kong) Ltd and Nishimatsu Construction Co Ltd as the successful bidder on a HK$2 billion tunnel construction and management contract. Hong Kong's Secretary for Transport Michael Leung told
      Reuter  -  247 words
    • Article
      Lock icon Marks and Spencer close to Brooks Brothers deal
      407 19 FT MARKS and Spencer, the UK retailer, was last Friday ail but assured of success in its US$77O million bid for Brooks Brothers, the US menswear chain, after a key obstacle to the sale fell away. Campeau, the Canadian property and retailing
      FT  -  407 words
    • Article
      Lock icon Wah Kwong to resume trading
      100 19 Reuter TRADING in shares of Wah Kwong Shipping Group Ltd. suspended for more than two years for a massive debt rescheduling and restructuring, will resume from March 2, a company statement said. Stock and warrant holders approved at an extraordinary meeting last Friday a capital
      Reuter  -  100 words
    • Article
      Lock icon Schneider raises offer
      114 19 AFP FRENCH engineering group Schneider has raised its takeover bid for electronics firm Telemecanique by more than 40 per cent to counter a rival bid from nuclear company Framatome, according to stockmarket sources. Trading in Telemecanique shares was suspended on the Paris bourse and will resume on
      AFP  -  114 words
    • Article
      Lock icon Purchase of SCI fails
      80 19 NYT AFTER SEVERAL weeks of intense talks, a US$2.9 billion agreement by three leading US cable television companies to buy SCI Holdings Inc. a major force in the industry, fell through last week. SCI Holdings, which has 1.4 million cable subscribers. said last Friday that it
      NYT  -  80 words
    • Article
      Lock icon Metromedia to buy Ponderosa restaurant chain
      281 19 NYT IN A FORAY into a business far removed from its history, former media giant Metromedia Co said in New York last Friday that it had agreed to buy the company that owns the Ponderosa restaurants. No price was disclosed for the Pon Holding
      NYT  -  281 words
    • Article, Illustration
      Lock icon Societe Generale stock frozen as takeover battle rages
      291 19 AP TRADE in Societe Generale stock was frozen for s second strsight day in Brussels last Friday after setting new records as the battle for control over Belgium's biggest holding company continued. The share price reached 8,060 francs (U*****.3), up 15 per
      AP  -  291 words
    • Article
      Lock icon ICI records 30pc rise in profits
      113 19 Reuter IMPERIAL Chemical Industries PLC, one of Britain's biggest companies, has announced record pre-tax profits in 1967 of £1.31 billion, almost 30 per cent up on the previous year. ICI, which became the world'* biggest paint company two years ago when it bought Glidden
      Reuter  -  113 words
    • Article
      Lock icon Insider trader loses his weekends
      162 19 AP FORMER stockbroker Peter Brant was sentenced last Friday to 120 weekends in jail and fined US$lO,OOO for his role in an insider trading scandal that involved a Wall Street Journal reporter. US district judge Charles E Stewart also put Brant on probation for five
      AP  -  162 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      366 19 */!|@>%-\%?!':_:^$|}%$[.~$*":$@ IN THE MATTER OP THE COMPANIES ACT, CAP. 80 AND IN THE MATTES OP VIKALT COMPANY (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) PINAL GENERAL MEETING NOTICE 18 HEREBY GIVEN In pursuanoe to Section 306 (1) of the Companies Act, Cap. 50. that a final general meeting of the abovenamed
      366 words
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      Page 19 Advertisements Column 2
      361 19 Id tHf Matter of THE COMPANIES ACT, CAP. SO Ami In the Matter of VITA FURNITURE (PR) LTD NOTICE IS HEREBY GIVEN pursuant to Section 300(2) of the Companies Act (Cap. 50) that the Final Meeting of Member* of the abovenamed Company will be held at the office of Tan
      361 words
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  • Article
    Lock icon Regional rubber exchanges discuss cooperation
    180 20 Reuter REPRESENTATIVES from three South-east Asian rubber exchanges met in Jakarta last Friday to discuss ways of coordinating market operations through information exchanges, and standardising contract terms and price quotations. Indonesia, Malaysia and Singapore agreed that a coordinated marketing system was needed to revitalise the
    Reuter  -  180 words
  • Article
    New ambassadors to be named
    265 20 WITH THE appointment of career diplomat Mr Tan Seng Chye as Singapore's new ambassador to Thailand announced, the Foreign Ministry is now in the process of naming new ambassadors to Malaysia, United Kingdom and Hongkong. Professor Maurice Baker, the current High Commissioner to Kuala Lumpur,
    265 words
  • SATURDAY ROUNDUP
    • Article
      Joint ventures urged
      142 20 SINGAPORE businesses Should form joint ventures with Japanese companies and through them learn the needs of the Japanese consumer and how best to penetrate that market, said Mr Chikao Kawai, the First Secretary of the Japanese Embassy in Singapore. He told The Sunday Times that this was
      142 words
    • Article
      Industrial design
      84 20 SINGAPORE'S next frontier should be in the field of industrial design, said Dr Tay Eng Soon, the Minister of State (Education), at the launch of the Young Designers Award competition. Singaporeans already know how to buy and sell things, so they should learn how to make and design
      84 words
    • Article
      Hear, hear America
      119 20 LITTLE or no attention has been paid by the American media to what Prime Minister Lee Kuan Yew has done to build up a successor generation of leaders. Mr Tommy Koh, Singapore's ambassador to the United States, said recently at a symposium in the US. The general
      119 words
    • Article
      Road building to slow
      105 20 THE GOVERNMENT will slow down construction of new expressways during the first half of the 1990s and reduce road widening in the built-up areas in the years to come, said National Development Minister S Dhanabalan at the opening of the $22-million Macßitchie viaduct last Saturday. With
      105 words
  • Article
    Gatt forecasts 4pc growth
    448 20  -  Estimate based on calm markets and no serious US recession By FOO CHOY PENG WORLD MERCHANDISE trade volume will this year grow at least as fast as last year's 4 per cent, according to an international trade watchdog body. The General Agreement on Tariffs and Trade
    448 words
  • Article
    Asian NICs give Japan a run for its yen
    419 20  -  By LEE HAN SHIH RIDING on a torrent of cars, refrigerators, computer disk drives and textiles, the group of Asian newly industralising countries (NICs) is rapidly catching up with Japan as an exporter of manufactured products. A recent report by the
    419 words
  • Article
    Withdrawal of GSP benefits to cost exporters $125m in duties
    211 20 EXPORTERS will hava to pay soma $125 million mora in duties aa a raault of tha Unilad States' decision to graduate tha Repubiic from Ha generaliaed system of praterancas (GSP). Tha loss of praterantiai tariff traatmant for Singapore, effective Jan
    211 words
  • Article
    Lock icon Musa urges Umno members to unite
    107 20 Bernama FORMER Malayaian deputy prime minister Datufc Muea Hitam has called on members of the United Malaya National Organisation (Umno) to ctoee ranks and put aaide personal and other sentiments for the sake of the party. He urged them in Johor Baru on Saturday
    Bernama  -  107 words
  • Article, Illustration
    Field day for autograph hunters
    128 20 AUTOGRAPH-HUNTERS and camera buffs had a field day at the Istana yesterday. The occasion: the annual Chinese New Year garden tea party hosted by First Deputy Prime Minister Goh Chok Tong and his Cabinet colleagues. Some 4,000 grassroots leaders, trade unionists, clan association members and
    128 words
  • LATE FILE
    • Article
      Lock icon Indonesian Budget endorsed
      88 20 AFP INDONESIA'S Parliament has endorsed an austere Budget for the year starting April 1. The official Antara news agency said yesterday that the Budget set spending at 26.9 trillion rupiah, 27 per cent higher than planned for 1967/88, with most of the increase earmarked for interest payments
      AFP  -  88 words
    • Article
      Lock icon Maids protest against ban
      52 20 Reuter FILIPINO WOMEN working aa maids in Hongkong sent an open letter to Philippine President Corazon Aquino yesterday asking her to scrap a ban on female domestic servants under 35 taking jobs overseas. A spokesman said, "The ban punishes the very people it purportedly seeks to
      Reuter  -  52 words
    • Article
      Lock icon Indian official to visit Pakistan
      60 20 AP INDIAN Foreign Secretary K P S Menon win travel to Pakistan tomorrow lor talks on the Soviet propoeal for withdrawing its troops from Afghanistsn, the Indian government announced yeeterday. The decision followed reports that Pakistani President Zis ut-Haq had declined an invitation from Prime
      AP  -  60 words
    • Article
      Lock icon Executive breaks air speed record
      58 20 Reuter AN AMERICAN EXECUTIVE snd his three-man crew flying s Gultstream IV corporate jet set s new eastbound around-the-world speed record on Saturday, breaking the mark set last month by a Boeing 747-SP by 46 minutes. ANen Paulson, chairman and chisf sxecutive officer of Gulfstream
      Reuter  -  58 words
    • Article
      Lock icon Panama's ousted President hiding
      59 20 AFP PANAMANIAN troops scoured the capital on Saturday lor ousted President Eric Arturo Del valla aa people oppoeed to strongman Manuel Antonio Noriega etocked up on food at aupermarketa and prepared for a general atrike called for today. Mr Del valla haa been hiding eince alipping
      AFP  -  59 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      511 20 Gel your free dippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. One of America's biggest financial companies wants to tap the capital markets of Singapore and other Asian NICs. 2. A simple guide to trading on Nasdaq. 3.
      511 words
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      Page 20 Advertisements Column 2
      27 20 TELEX TELEFAX TELETEX MARISAT MARITEX INMARSAT SITOR SERVICE 1988 out now! Place your order now! WORLD TELEX (S) PTE LTD Telephone: 760-0753 Telex: RS ***** Telefax: *****07
      27 words
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  • SHIPPING TIMES
    • Article
      Cho Yang and KSC may work out form of cooperation with FEFC
      445 21  -  Korean lines given notice of leave from Ace group By LINDA CHEE CHO YANG and Korea Shipping Corporation (KSC) are looking at some form of co-operation with the Far Eastern Freight Conference when they opt out of the
      445 words
    • Article
      Lock icon Strike forces Korean largest ship engine plant to close
      194 21 AP SOUTH KOREA s largest ship engine plant was shut down for a second straight day because of a wildcat strike by 1,000 workers, company officials said. Hyundai Engine and Machinery Co, a subsidiary of the Hyundai group, one of the
      AP  -  194 words
    • Article
      Lock icon Portland port seeks line to assume operation of berths
      128 21 Seatrade Week THE PORT of Portland is seeking a steamship line to assume partial operating control of the port's main container terminal. It is on the look-out for a line which will make Portland its first inbound port of call on
      Seatrade Week  -  128 words
    • PORTSIDES
      • Article
        British Gas may use old LNG carrier
        75 21 ONE OF THE oldest gas carriers may be reactivated by British Gas to fulfil its shipping requirement for a LNG deal which it recently concluded with Algeria's Sonatrach. The 24-year-old Methane Princess of 27,000 cu metre was one of the world's first LNG
        75 words
      • Article
        Norman threatens to switch registers
        102 21 NORWEGIAN owner Norman Shipping has threatened to switch some of its vessels to registers in British dependencies unless Norway does more to protect the national fleet. The threat came after the 290,762-dwt Happy Kari, one of 14 vessels operated by Norman, came under a second
        102 words
      • Article
        Lock icon Shipbuilders predict drop in orders
        92 21 AFP JAPAN'S six major shipbuilding companies forecast they would see a 6.9 per cent drop to 450.1 billion yen in ship orders for fiscal 1987, ending March 31. They also said their combined orders would slump a further 13.1 per cent to 391 billion yen
        AFP  -  92 words
    • Article
      CONSORTIA
      163 22 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf. Straits ports/Australia. Straits/Japan and the member lines: ACE (FAN 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
      Lock icon Van Ommeren lowers net profit expectation
      138 22 Reuter DUTCH trading firm Van Ommeren Ceteco said it had scaled down its 1987 net profit expectation to 40 million guilders It had earlier expected 45 million guilders. VOC, in its first year of operation after a merger between shipping firm Van Ommeren trading
      Reuter  -  138 words
    • Article
      Lock icon Philadelphia port crucial to Chilean exports
      604 22 UPI IN THE ATACAMA region of northern Chile, the grape growers probably do not realise that 25 per cent ot Philadelphia's longshoremen depend on them and other Chileans for their livelihood. But the government of Chile is aware that without major US ports such
      UPI  -  604 words
    • Article
      Lock icon Western navies will not withdraw fleet from Gulf
      316 22 UPI A SENIOR British official said that Western navies protecting shipping in the volatile Gulf had no intention of withdrawing their fleets. "Western navies are here in the Gulf to stay," David Mel lor. British Minister of State for Foreign Affairs said.
      UPI  -  316 words
    • Article
      INDEX TO ADVERTISERS
      977 22 1 3 3 Afoco Ocaon xa a ANtroaa VI 3 AC Toaptaf a s A—rtew Tpi a */s A/wo Stmn IV 2/3 Arrow Unat s Avon Ocaon XI 4 Ailm Una I s ANl 1 ATC I<m V 4 Aft 2/3 ASCI Bl Bolt Conodo Una V*
      977 words
    • Article
      Lock icon A P Moller takes on investment decisions involving US$2.5b
      609 22 FT DANISH shipping group A P Moller is in an expansive mood; in recent months it has taken investment decisions estimated to involve about US$2.5 billion. The Maersk line, which is one of the world's biggest private fleets, consists of well
      FT  -  609 words
    • Article
      Lock icon PPA, Philexport set cargo handling time for exports
      318 23 CargoNews Asia THE PHILIPPINE Ports Authority has signed an agreement with the Philippine Exporters Foundation (Philexport), a non-profit organisation of more than 200 exporters, setting a standard cargo-handling time for exports from the time these arrive at the port. It was agreed
      CargoNews Asia  -  318 words
    • Article
      SHIPSALES
      967 23 A SINGAPORE-BASED interest has acquired three 1970-built motor bulkers each 26.289 tonnes dw. It is reported to have paid US$9 million en bloc for the Yaqui, the Lacandon and the Otmeca Encouraged by the strong demand, owners of several bulk carriers have placed their ships on the market. Brokers
      967 words
    • Article
      Lock icon Norfolk looking for acquisitions
      73 23 Reuter A SPOKESMAN for Norfolk Southern Corp Mid the company continues to review possible acquisitions. Recently, Wall Street stock traders speculated that Norfolk may be interested in acquiring trucking company Consolidated Freightways Inc. Norfolk said it was "not expressing any pending interest in that company right
      Reuter  -  73 words
    • Article
      Nedlloyd teams up with Skaarup in bulk transportation business
      214 23 DUTCH shipping major Nedlloyd is to exploit new opportunities in the bulk transportation business through a joint venture with Skaarup Shipping Corporation of the US. Nedlloyd Bulk is to become a partner in Skaarup's subsidiary Seaways Leasing Company, which is involved
      214 words
    • Article
      SHIPPING LIST where your ships are due...and when
      9882 28 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      9,882 words
    • Article
      LONDON FREIGHTS
      1229 29 INTENSELY active iron ore, coal and time-charter business characterized the London shipping freights market on Thursday. Further slight weakening was reported in the US Gulf-Japan grain rate but most other routes maintained a fully steady tone. Ore chartering concentrated on the Brazilian origin, where Finxing included Hyundai's payment
      1,229 words
    • Article
      SHIPS IN PORT
      1243 29 AT CONVENTIONAL WHARVES VmmI Barlh Arrival Dapariun KEPPEL WHARVES Berber Tompo 009 olongud* 02 03 0600 Cnkvemca K29 o longs .<»« *****600 FE No»* K33 alongside 29 02 0600 Foir Spirit K16 olongside 2902/0600 Jubilee K28 alongside 0103/0600 Polembong KI5 olongside 29 *****0 Sonboi KI8 olongside 29
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      Who acts for whom...
      2035 30 A—a AB Shipping Boustead Shpg Aflincio ABC Containerline NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Unas Saalion Shpg <S). Ahrenkiel Linar Kim Shpg (S). Alfrad C Toepfer Ocean us Shipping Agencies (S) Muftiport Sdn Bhd (PK). Alltrans Alltrans Express American Preektont
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      Lock icon Norwegian and Danish owners form products tanker pool
      292 32 Lloyd's List A NEW chartering and management pool for 12 modern products carriers in the 80,000 tonnes dead-weight range is being set up by a group of Norwegian and Danish shipowners under the name Nordic Product Tankers. Based at Grimstad in south
      Lloyd's List  -  292 words
    • Article
      Key reason to Sydney's waterfront pile-up
      358 32  -  From Kingsley Wood FAILURE of the waterside workers to meet its agreement to reopen the Conaust Cargo Services's depot was a key reason for the build-up of thousands of tonnes of cargo on the Sydney waterfront, says Mr Collin Coventry, executive director of the
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  • Page 21 Advertisements
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      650 21 acP w-rt B®§ STP Distributors gW^ 0 6 Uv WW/ OvHgEtt Cmtaitm Uwt Jardines Tal *****11 TELEX NO RS ***** TERMINAUCFS Tal *****1! 220 BOOKINGS TH *****34 235 PESAKA JAXD4NC SHIPPING AGENCIES SON. WO PONT RELAN6 TEL *****1 Tain No. MA*****pU970l PENANG TEL *****4 TELEX NO MA***** CFS TEL 34M0S
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      Page 21 Advertisements Column 2
      120 21 CHILE is opening a consulate in Philadelphia to bring the city and Chilean companies closer together and also increase cultural ties. P*g« ll THE PHILIPPINE Ports Authority has signed an agreement with the Philippine Exporters Foundation (Philexport), a non-profit organisation of more than 200 exporters, setting a standard cargo-handling time
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      Page 21 Advertisements Column 3
      437 21 wm STP Distributors \2o*~ MAERSK LINE T TRANSIT TO CHARLESTON 29 DATS FROM SINGAPORE 34 DATS FROM PORT KELANG 33 DATS FROM PENANG t UK Scandmav a-* .n Th» wmk Armor Ma«M Ctoang Ti CY 2/3 2300 MRS CFS 2/3 1300 MRS AXEL M. M. TOKYO This MM Arthur M
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      627 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT KOWLOON BAY BENAVON OSAKA BAY KJTAMO MABU LARGS BAY HONG KONG EXPRESS ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG, MALMO, HELSINKI, OSLO, AMSTERDAM, CARIBBEAN ft S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT BENAVON OSAKA BAY KITANO MARU LAMS BAY
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      Page 22 Advertisements Column 2
      18 22 Lines and services represented by Members of the Registry of Accredited (*l Shipping Agents. Singapore National Shipping Association.
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      Page 22 Advertisements Column 3
      206 22 CHARGEURS REUNIS S M S j i■ f 11 rfrT'C t 'nil a' V.'". 1 i 1!1 >Trj»' l l 7,. Optorg Shipping Pte. Ltd tEL M A *4/ :.»pqiv- ViP VAS Aor lt T ifjAS AHGEN"'NE NA'ICN-L M GENTS SINGAPORE tnao TRENCH SMIP«-I«(C Tel CTT.II Tel*. REntte Fjt SSSK!
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      Page 23 Advertisements Column 1
      639 23 The Straits Steamship Group to. Mansfield Container Shipping Re Ltd F&O Containers iif/.'iM: iiJi 'WJi'.'nrriM rpn PJUaw I rta am am am am am am H|H ujm i«m mm am am via am am upo rtmrti ui MfM 13/04 I)|M vm um am am am a* um um um vm
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      Page 23 Advertisements Column 2
      640 23 ;5< C S A y 1 ULu. HO Hi M CARGO FOR PUNTA ARENAS, TALCAMUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Singapore *****00 Bookings *****08 K. Lumpur *****25/6/8, *****15; P. Kelang *****18 H II EUROPE jI,VU lUI lU4 HJ4 NJ4 IUM an lUM lIM &M ZIJ4 KJ4 MJ4 IIJI
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      304 24 HXSINOSE MARITIME PTE LTD PI ISLAMIC REPUBLIC OF IRAN SHIPPING LINES un SUN UNION LINE n j-<aj TAIYO MARINE LINE rix TTTZiM TRANSPORTACION 1 MARITIMA MEXICANA, S.A. HK6 KEE LOAD FOR 90 11/3 MANZANILLO ACCEPTING FCL ONLY VIA HONGKONG ON KEELUNG BMOSE MARITIME PTE LTD TEL mi 144 PAX *****11
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      Page 24 Advertisements Column 2
      690 24 Si ft* rtta FULLY containerised SERVICE 10 f IJROPI VIA SUfZ™TT"' Mrmbff ot thf »(<■ Comoitiuni .11 1 'N! fllNl RlSt 0 111 IRi'M NHR'H 3Ml«|| S rt(S' :0»S •U LA OAK SEA I*3 31/3 3/4 17/j m V 4 14/4 Vl* no v* 2/4 HH 17/4 31/J W* •for/mother
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      286 24 FREIGHT LINKS EXPRESS M PTE LTD NEW WEEKLY DIRECT SERVICE TO CHITTAMHC: SAILING 6/3 10/3 FOR: PORTO, LISBON, ORAN, BILBAO MADRID, MALAGA, MEULLA, TANGER, TENERIFE, LASP ALMAS, TUNIS. VALLETTA, IRUN, CEUTA, ALQIER S ISTANBUL US.A. PORT MORESBY, RABUAL, LAE POET A, MAOANQ KIMBE NOUMEA 30/4 SUV A/LA UTOKA 30/4 NEW
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      Page 24 Advertisements Column 4
      863 24 EVERGREEN Full Cifntnrw Scr. Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GLORE ever emu i EVU GENTRY EVU GUM EVUGOIWN EVU GUARD EVU GROWTH ALSO ACCEPTING CARGO TO HKC KSG KLG PUS OSK TYO NTC UW AMI ■sjsjsssassig.saiaaa'S'js's'K in 21/J m m m V Ifl *fi v* 4* U M M M
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      1054 25 x PACIFIC INTERNATIONAL LINES \V\ PIL Building. 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 r FAR EAST CONTAINER SERVICE KOTA EAGLE HOT A SMOA OOWA MAJAPAHfT VOYSIN S7SB 1W 2SSB 17 n INI SLO IMS iW JKT MY 1 1M ih an SLO SLO IY VOY SIN W HK«
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      Page 25 Advertisements Column 2
      534 25 \a BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE FIJI AND SOUTH PACIFIC ISLANDS AHAHSEL LEADER VOY 7S SIN NOUMEA AM 29/2* 2S/3 2/4 INC EXPORT CARGO TO ACCEPT FROM 1/3/ M TO 4/3/ M AT PS BSEN SOUTHLAND 22S 6/4 29/4 2/5 5/5 1/5 10/5 12/5 ACCEPTING LAUTOKA, SUVA,
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      Page 25 Advertisements Column 3
      437 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYB P.T. 6ESORI LLOYB P.T. SAMUDEM INOONESUL P.T. TtIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE > VSUVOY S PORE BILBAO ANTWERP H'BURG/ RDAM/ADAM BREMEN GANDA BHAKTI/20WB 15-17/3 15/4 11/4 21/4 S. PANJANG/18WB 23-25/3 25/4 21/4 KUTAI/14WB IS-IX4 21/5 26/5 Subfact
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      Page 25 Advertisements Column 4
      453 25 BOUSTEAD SHIPPING AGENCIES HTONEYWA V232W PA AN VI2IW AVA VMM AGAN VL2SW A-AN VI27W BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore P.Kelang Ptnang Bangkok 22/25 Fob 22/24 Fefc 2V» Fafc a Fefc/ 4 Iter 17M fa* 3/5 Mar V 13/15 Mar Vjgt BANK LINE A EXPRESS SEMI-CONTAINER
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      1139 26 LL K uriE SHIPPinG-DfITA fITLftFITIC COAST (Round-The-World Service) •PK/PNG SPORE LB CMLS NFK NYC MFX ORIENTAL FREEDOM VII SM J Mar Iter 5 Apr 7 Apr 5 Apr 13 Apr ORIENTAL FAITH V 7 5 Mar 10 Mar 2Apr 12 Apr 14 Apr l«Apr 20Apr ORIENTAL FRIENDSHIP V 7 12
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      703 26 '/tf INDIA EXPRESS CONTAINER SERVICE Aceeoßng FCUFCL Container* P.MNat Ptnt«| lt»o*n tor Moth* til Br fmim Br FotOtr 10. NAGALAND V MM Mtr THEOOOR FONTANE V UN B Mtr RAVI OAS VJM Mtr INOtAN COURIER VJM Kar S O TRIPURA V MM H Iter THEOOOR FONT AW V.I7N < Apr
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      Page 26 Advertisements Column 3
      701 26 STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN Cotombo/KaradwDutw GOLDEN LAND Cokwibo/KaradN/Oubai CHINA SERVICE A VESSEL Shanfhat/Hsmianf GOLDEN LINE GIIAN GUAM SWUNG (PTC) LTD H, T«Mi Am Strwt SINGAPORE OM TEL UOM (M LINES) Fu 90SM ULF SERVICE: S'aora P.Kato« PanoM /KaradN/Outoai VI Nar _T^ UradWOutw U/19 Ifcr CHINA OCEAN SHIPPING CO., PEKING
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      Page 26 Advertisements Column 4
      527 26 t PHILI OfIKNT LIN€S PT€ LTD I KaD off CE 63 ROB NSCN RCaD C7l? ul «tRO AS A BUILDING S NCAPDRE 0105 TfLl* RS ***** PHILI FA* 2255t7f I lIJIWJMJIiIiVI 1/1. 10. 14/1 H KONG (OK KEEUIMG. MANILA. BANGKOK. TOKYO. COLOMBO. KARACHI BOMBAY EAST AFRICA.MEDITERRANEAN II"," mi" ~rr I.
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      892 27 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD FE EU/AUST TPA/SEA Tcrmtiul CFS BOOKINGS 27R5753 *****42 man ******3 27wn 27*11* 27*111 27*141 NEPIINE SON BHD. NM7 INVARD/OUTVARD NEPLINE SON BHO. 2««33 ENQUIRIES 2717*4 NEPIINE SON. BHO uoonuntMimiiumi NEPLINE SON. BHO. am*2M94l J 'l iUlr. TT TO EUROPE/UK (VIA SUEZ): O
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      Page 27 Advertisements Column 2
      371 27 Vmml'i Name CTD IS BKK SPORE PKELANC BUSAN MO JI No 7 DwimVWM am IMB 04-OMB 17 2MB 22*3 No J Donam/M2N 2MB (BAD OHU3 9HOAB 20-22/03 2V03 No I Donam/MBN am U!/» IS-17/B 111 MB 29-31/03 (BAH No < Donam/WN «*3 TV* M M 27 2*03 Q7 10/ M
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      Page 27 Advertisements Column 3
      724 27 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 ***** f-KELANG rtMmm* m/c HANDLING SYSTEM CO SDN BHD MESSRS MAI THOMG SHIPHAC 127 PwwwStreet. <*** WYAPOH PENANG,
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      341 28 SINGAPORE SHIPPING 1 CORPORATION (PTE.) LTD. TIL 225 6868 (30 lines* FAX *****39 *****76 TtIEX RS ***** A B SSCMA RS ***** A B SSCAD E.H DEuTF RACHT SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE •VIA COLOMBO: Accaptmc cargo (or INDIA Bombay. Cochin, Madras t Calcutta ""VIA LAMACA: Aeeaatma cargo Mr
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  • Page 28 Miscellaneous
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      174 28 m h Regional Weather M A X. L/ M I I c Vs*>> a 6 <s LLl£ K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND c/* Wind direction with speed in knots Wave height R Thunderstorm Temperature c Shower Weather Wind direction with speed m knots
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      332 29 CRYSTAL FREIGHT SERVICES PTE liD Tel: *****88 Tlx: ***** Fa* *****88 (AND INLAND DESTNS) 8/3, 15/3 COLOMBO 1/3,10/3 ALSO ACCEPTING TO KEE/KAO 6/3, 13/3 BUSAM 3/3, 10/3 TYO/YOK 5/3, 14/3 BANGKOK 2/3. 6/3 GBNTAINER FEEDER SERVICE Tl RANBUBUN M TOM MAX. urr 40 KEnR POMTS. Scan Dutch *9 TO EUROPE
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      56 29 CSP SHIPPING AGENCIES PTE. LTD. Tel *****66 (16 Lines) Fa* *****15 iwmm u FCL/LCL TO: ALL EUROPE BASE PORTS tjnatlo ALL USA PORTS Alto tcctpts to othtf d«tinations. ACCEPTING FCL/LCL AND CONVENTIONAL: P.Kelang: Sure Fast Maritime (M) Sdn Bhd. Tel: 03-*****25/6 Telex: MA ***** Penang: Sure Fast Maritime (M) Sdn.
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      716 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. rm IRAQI LINE I* AQ S'ATt H'lMI St f0« ■AKIT IMf EAST BOUNO SERVICE ETA S'NM LOADING RM m >*»r WEST BOUNO SERVICE ETA S'PORE LOAM* FOR m ma if* MM. AmM. THROUGH B/U to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AO ABA
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      506 30 IMb fine-linf.r shipping 'BHI I'TE I.TI) t 70 Sf'ertton tliy 04 0?C Mirtna House Spore 0?0.' TFI 22')%7! (f> lines) TLX RS ??M1 FLINFR FtX ?:5:&i6 j 15 3 IS IS FAR EAST 1 rVifi 11. '■■[rr^pTfr S T DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING CONTAINER AND BREAKBULK CARGO)
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      333 30 ZIM CONTAINER SERVICE acco*in« FCIACI orfoot to USA UK 4 MM teat Cambfcoan Ej»t Canada HAITI. Coob RkJ. 0 Salvador. Cuatanati. Hondurat. Vonuwola. Nru Ecuador Colombia via Mian*. Trinidad. Barfcadoa Antifua, St. Lucia. Montsarrat. Guayana via Kingston MXEniM CAMO TO AOELAIOt VIA I AMO ALSO FU TO MAM. LU I'
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      573 30 f Everett Tines! W TOfc COMPANIA PERUANA m DE VAPORES 8 Q. "PERUVIAN STATE LINE" I f. LOADING FOR CALLAO, MATARANI, ILO* AMD ALL OTHER 'jf dj PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON W CPV THROUGH BILL OF LADING TO FINAL DESTINATION. 9 PmMg* P. Ma«* ijpi Zk THOMASEVERETT
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      110 31 P.T. TYTYAN SAMODRA SHIPPING COY IBATAM EVER STURDY Sailing RICROL 3 DUMAI RUMBAI Vessel RICROL 3 Sailing Every Monday Every Wednesday (Fortnightly) Every Wednesday (Fortnightly) Envi Services Pte Ltd T»-I *****55 Tlx; RS ***** ENVISV Fax. *****28 ■b TflTO SHIPPING LINES PTE LTD] TEL *****25 (3 Lin»») TLX RS *****
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      30 31 TAI KUANG HANG CO PTE LTD Vessel Destination Etd MV CHRISTINA PALEMBANG/PONTIANAK 2/3 MV MARINA I PALEMBANG/PONTIANAK 5/3 105 Cscil Strut #16-03/04 THE OCTAGON Singapore 0106. T«t: *****77/*****73 FAX: *****64
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      483 31 LCL/FCL SERVICE SOLOMON ■LANOB HOMAMA NKW CALEDONIA NOMA TAHITI MNTO E. MALAYSIA 4 SNUNB EUROPE. USA. CANADA S AUSTRALIA TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LUCKY SEAWAY SERVICES PIE LTD TIL ***** Fai: *****77 ■J*.* .TW:HA'iVi PKLANG PNG FOR SHANGHAI E. AFRICA/RED SEA MEDITERRANEAN SERVICE KTN SGP FOR
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      405 31 (fcu POH TIONG CHOON SHIPPING (PTE) LTD Mb/ TEL: *****66 (10 LINES) FAX: *****41 TELEX: R*****6 POHSHIP PIC group LCL/FCL SERVICE TO KEELUNG/KAO 6/3 13/3 20/3 BUBAN 1/3 6/3 15/3 HONG KONG 1/3 7/3 12/3 TOKYO/YOKO 3/3 18/3 23/3 BANGKOK 5/3 12/3 19/3 UK/EUROPE 9/3 21/3 9/4 JAKARTA 1/3 5/3
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      390 31 (Parftet China Ocaan Shippiwt Lima) F 1 Destinations: from port kelang/singapore SHANTOU, GUANGZHOU HUANGPU, XIAMEN WPPKI Y HAIKOU, ZHAN JIANG JI XINGANG, QINGOAO SA LINGS SHANGHAI I OTHER PORTS SINGAPORE AGENTS: PKELANG/KLUMPUR AGENTS: RAPID SHIPPMG PTE LTD JOHANN FREIGHT S/S. TEL: *****77 TLX: 22*5 TEL: XT&WJ TLX: 3W7 CONSOLIDATION SERVICE
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      253 32 Sun Hup Co (Pte) Ltd Tlx fiS I'.'Ohl ?of> I \M I K\ \K I I\ 1 K MM STRAITS/ JAPAN/ STRAITS SERVICE PECIALIST IN RO-RO HEAVY LIFT •Subjwt to cargo inducwnont NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN ft CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaaitime SOUTHERN AFRICA SERVICE VIA
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      426 32 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE rv yyy i> in v.iy, 1 JUTIANOM H. OCLFT VS 114/3 i 3 S IV* l )hncn^ teste* City. rarskssrtsr-s-oii COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMF-COfTAitP SERVICE TO m 23 (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE COMAL BANK
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      201 32 WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK Mil Hi m pte lir Tel: *****88 (8 Lines) Tlx: RS ***** JUNO srs? s® TIMBER/BREAKBULK SERVICE RANGOON S'PORE RKK HKC KEE SILVER HANK In PI Hp LATANGAN 15/3 3/3 2/4 KENWOOO Hi ft «3 13/3 ftUHMNIIA WllrrlnM PTE LTD nrTT i»
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      485 32 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B. BUT AM 4» ".y.aBI; M.'.«nTiTTTTT- M '>. vf ;i;M m rrrrri InfV B. BUTAM 4Z3 B. BUTAM <8 OTHER DESTINATIONS: AARHUS, AMSTERDAM ANTICTP BAM I MHKjI MtaUMAVfN. COPEHNAGENNELSIHKI. MALMO. OSLO. SToSmoS^ML FROM EUROPE VSL Noun P.KELAM m LOAOWG FROM: GOTHENBURG. BREMERHAVEH.
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