The Business Times, 7 December 1988

Microfilm: NL16404
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 WEDNESDAY, DECEMBER 7, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    271 1 AP Dow higher WALL STREET stocks moved higher in moderate trading early yesterday, adding to the gains of the previous session. Jim Scatuorchio. trader at Donaldson Lufkin Jenrette, said after recent gains institutions may wait for a slight pullback before investing more funds. The Dow index rose
    AP  -  271 words
  • Article
    DBS Land offered 20pc stake in Orchard Square
    430 1  -  By MAGDALENE NG DBS LAND Ltd has been offered a 20 per cent stake in the giant Orchard Square project. If it accepts the offer, it could mean a commitment to disburse around $130 million over the next four years as its
    430 words
  • Article, Illustration
    Wall Street's rise boosts Asian stocks
    215 1 REGIONAL MARKETS got a boost from an overnight rise of 31 points in the Dow Jones when Wall Street s fears of an interest rate hike did not materialise. With the US dollar stabilising, investors did not expect any credit squeeze in the US.
    215 words
  • Article, Illustration
    Total external trade set to reach $160b
    620 1  -  TDB sees need for new dimension in trade promotion By ZHOU MEI FOLLOWING an unprecedented 1988 in terms of external trade and trade promotion the Trade Development Board (TDB) sees the need for "anothe* dimension in its trade promotion for the *****". Total
    620 words
  • Article
    Lock icon Spending and export boom boosts Japanese growth to nearly 10pc
    423 1 Reuter JAPAN'S economy grew by nearly 10 per cent in the third quarter as consumers and manufacturing companies went on spending sprees and exports boomed. The government said yesterday that the economy grew at an annualised pace of 9.3 per
    Reuter  -  423 words
  • Article
    Lock icon Politician quits over scandal
    124 1 Reuter A FORMER Japanese ViceLabour Minister resigned from two important public posts yesterday in the latest political fallout from the Recruit Cosmos share scandal. After leaving the ministry in September 1987, Takashi Kato became head of two ministryaffiliated organisations, one to promote the hiring of the
    Reuter  -  124 words
  • Article
    Lock icon US withholds support for pact
    387 1 /^Gaitt Review I I xUruguay Round ill 1988 Reuter POOR NATIONS in need of cash to pay off debts and create jobs have won better trading opportunities for a long list of exports at the Gatt talks in Montreal. But their victory was only partial
    Reuter  -  387 words
  • Article
    Lock icon Malaysia could have VAT by 1990
    212 1 FT VALUE-ADDED TAX is expected to be introduced in Malaysia no later than 1990, according to the country's Finance Minister, Datuk Daim Zainuddin. He had said in his Budget speech in October that the introduction of VAT should be considered because of the need
    FT  -  212 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      202 1 Imital NEW AGE COPIERS Convenient, reliable feature-packed Sole Agent WEI TAH CO PTE LTD TEL: 746 1051 IBS offers a full range of banking services to meet yourneeds Executive Loans a flexible loan programme which can turn your plans into reality Housing Loans a loan programme that makes it easier
      202 words
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      Page 1 Advertisements Column 2
      218 1 Full report, PAGE 18 Regional Mkts, PAGE 20 Editorial Comment: 12 Seoul: shaking off the past Australian dollar 12 Biting the hands that feed it Malaysian politics 13 One up for the MCA, for now Singapore Informatics 2 Organiser fails to get injunction Seagate 3 1,000 in California retrenched Vietnamese
      218 words
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      Page 1 Advertisements Column 3
      7 1 Marubeni upgrading oil trading office, PAGE 3
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      Page 1 Advertisements Column 4
      299 1 Qs<!9 Official Typewriter Supplier of the 1988 Olympics brother Agriculture accord crucial to Gatt Aaaan warns, PAGE 5 The signs of the times have been wrong before. Why gamble when there's a better, surer way? All the signs may show an upward trend in business But. touch wood what if
      299 words
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  • HOME NEWS
    • Article
      Fair organiser fails to get injunction against rival
      431 2  -  By WILLIAM CHIA THE ORGANISER of Singapore Informatics (SI), billed as Asia's biggest information technology exhibition, has failed to get an injunction against exhibition organiser International Trade Promotions (ITP) Services. Technofairs Corporation applied for an injunction when it filed an unprecedented copyright
      431 words
    • Article
      ADP Enterprise wound up after outliving its purpose
      323 2  -  By QUAK HIANG WHAI ASSOCIATED Data Processing (ADP) Enterprise, the investment offshoot of ADP Pte Ltd, has wound up its business after operating here for about seven years. ADP Enterprise recently held an extraordinary general meeting to pass a special resolution to
      323 words
    • Article
      Merchants repeat plea for more foreign workers
      139 2 THE SERANGOON Merchants Association yesterday repeated its plea for more workers by asking the government to lower standards for the hiring of foreign workers. Its 90-odd members are facing an acute labour shortage that could force many to fold up. "We are afraid
      139 words
    • Article
      Aussie growth holds promise for S'pore
      230 2 AUSTRALIA'S bright economic outlook offers Singapore exporters and investors many opportunities to explore, an Australian banker told a Singapore audience on Monday evening. Dr Robert Edgar, group executive of strategic planning and economics, Australia and New Zealand Banking Group, said that when the last
      230 words
    • Article
      Stretch of road to be closed
      85 2 THE STRETCH of road from Scotts Road to Killiney Road will be cloeed to traffic on the eve of Christmas and New Year, said ths Ministry of National Development yesterday. The cloeures will serve to gauge the popularity of such moves and to allow
      85 words
    • Article
      MEMO PAD
      391 3 Seminars and f WS CAHNERS EXPOSITION GROUP Courses Tel *****13 Tlx RS *****CEGSP Fax *****66 J J Dec 14-16 Developing an Effective National National *****66 Training Officer Productivity Productivity Board Board Dec 14 and Producing a Business National National *****66 21 Plan for Effective Productivity Productivity Sourcing of
      391 words
    • Article
      Seagate retrenches 1,000 at US plant
      305 3 IN ITS second retrenchment in a week, Seagate Technology laid off 1,000 employees in California over the weekend, or one-fifth of its American workforce. The disk-drive maker, the world s largest, retrenched 800 employees from its Kallang plant in Singapore on Nov 24. According
      305 words
    • Article
      Marubeni upgrading oil trading office
      384 3  -  By JOHN TAN MARUBENI CORPORATION plans to upgrade its local oil trading office, which last year notched up turnover worth about $2.4 billion. Marubeni International Petroleum Co will take over oil trading from the current set-up on Jan 1. With the new set-up, oil trading
      384 words
    • Article, Illustration
      Joint US-S'pore bid to hold course on aviation matters
      393 3  -  By MARTIN SOONG THE US Federal Aviation Administration (FAA) and the Civil Aviation Authority of Singapore (CAAS) are discussing a jointly organised course on air safety and related security issues next year, according to FAA deputy administrator Barbara Barrett. Mrs Barrett,
      393 words
    • Article
      URA chief sees need for private sector support in conservation
      238 3 PRIVATE SECTOR support of government efforts to conserve historical and architecturally distinctive buildings and sites is essential if the movement is to succeed, said the Urban Redevelopment Authority's chairman, Professor Khoo Cheng Lim, yesterday. Prof Khoo, opening a URA seminar
      238 words
    • Article
      BP raises petroleum product prices
      112 3 BRITISH PETROLEUM yesterday announced wholesale posted price increases on a range of petroleum products effective from Dec 1. Export prices for premium and intermediate grade petrol have gone up by US 3.5 cents per US gallon to US 55.7 cents and US 49.7 cents respectively.
      112 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      291 2 Good ideas keep coining up Get all the performance of a desktop wherever business takes\ou. > vr "*S. —L-" i: J8&-/ EL BackSt Smpertwist LCD. Easy on the eye under any lighting condition. 80 characters 25 lines for text readability. 640 200 pixels for CGA graphics. Screen adjustable from 0*
      291 words
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      Page 2 Advertisements Column 2
      128 2 At bMng «w hm* feat iMd R, PAGE 12 Marina Village will soon be on everyone's lips. If vou ofjerate a fii-st class restaurant, l>e it Asian, Continental or exotic specialty cuisine we would like to hear fromyou. Opening in 11)89, the Village is Ux:ated in Marina South which is
      128 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      78 2 OUTLOOK: Ikowtri ••port for 24 ham to 7.30pm on Doc 6 Rainy days Mo mVi— S Montrool 08/-5 Cloudy Moscow -5/-10 Snow N<mow 27/15 Cloudy Now DoN 24/07 Ooor Now York 10/00 Sonny Nfeodo unov CMo -1/-2 Cloudy Ports 14/09 Cloudy For* 27/15 Rno Ho 'jonolro 30/15 door Homo 18/06
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  • Page 3 Advertisements
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      248 3 4- 1 .t. r >«, is. <*. v •i 4t». r,, llfs t Sf- J lb rfifi f S»* I 1 J**tr m tx 1.,*" 1 *r *3 t 6. i i J» .'i»*u *31 I t 4 -r-,«*.- -mar i T I if 1 1 v W I a
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    665 4 ARRIVALS Operator Sorvic* number Local t<rn« From SU SQ203 1300 CGK CM 0342 1305 LUX/DXB SU SQ107 1305 KUL SU SQ1 1330 SfO/HNL/HKG SU MH/ SQ191 1355 LGK/PEN SU SQ109 1405 KUL SU SQ455 1410 BWN THA TG405 1420 BKK/HKT MA •1302 1425 0X8 GU GA962 1435
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  • ASIA-PACIFIC
    • Article
      Lock icon Vietnam says it will cut army size by 25pc
      457 4 Bid to save money and revive the economy IHT THE VIETNAMESE ARMY is expected to be reduced by at least 300.000 personnel nearly 25 per cent of its strength in the next few years, officials said. The reduction is an effort
      IHT  -  457 words
    • Article
      Lock icon February date for Soviet pullout
      278 4 Reuter MOSCOW will withdraw its troops from Afghanistan by mid-February and is in favour of a new broader government in Kabul, the Saudi Press Agency said, quoting a senior Soviet official. The agency, monitored in Nicosia, said Yuli Vorontsov, a Soviet deputy foreign minister and
      Reuter  -  278 words
    • Article
      Lock icon Saudi freeze on visas for Filipino workers stays
      159 4 AFP PHILIPPINE Labour Miniater Franklin Driion left Riyadh on Monday after failing to win agreement from Saudi authorities for an immediate end to a freeze on visas for Filipino workers. But Mr Driion, speaking to the press after a meeting with Saudi
      AFP  -  159 words
    • Article
      Lock icon India supports Indonesia's Cambodian initiative
      172 4 AFP NEW DELHI supports Indonesia's regional initiative for a settlement of the Cambodian conflict said India's Minister of State for External Affairs, Natwar Singh. "We are supportive of the JIM (a regional effort on Cambodia initiated by Indonesia)," Mr Singh told reporters on Monday when
      AFP  -  172 words
    • Article
      Lock icon 'Lower hopes of Rajiv's visit'
      116 4 AFP INDIAN FOREIGN Minister PV Narasimha Rao has cautioned against anticipating any spectacular outcome from Prime Minister Rajiv Gandhi's visit to China later this month. But the two countries are to sign several accords of bilateral cooperation during the visit, the first by an Indian
      AFP  -  116 words
    • Article, Illustration
      Lock icon Arafat to meet American Jews: Sweden
      285 4 Reuter SWEDEN, in an attempt to improve prospects for peace in the Middle East, has organised a meeting between PLO chief Yasser Arafat and a group of American Jews. "These are two parties which have had difficulty in diacusaing things between them. If a
      Reuter  -  285 words
    • Article
      Lock icon Israel warns Sweden on Arafat visit
      99 4 AFP ISRAEL on Monday warned Sweden that a meeting between Swedish officials and PLO leader Yasser Arafat who was due in Stockholm yesterday, would harm Swedish-Israeli relations. Reports from Stockholm said the head of the Palestine Liberation Organisation is to have talks with Swedish
      AFP  -  99 words
  • Page 4 Advertisements
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      201 4 |l The business person's choice every II I Tuesday, Thursday, Saturday and Sunday rl %1 Leaving Chongi Airport at 22:05 J. hours and arriving Heathrow early following morning. Col your Travel Agent or Air Conoda at *****55. AIR CANADA MDM AA MONTRE OES MONTRES LA MONTRE OES MONTRES LA MOMTRE
      201 words
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      Page 4 Advertisements Column 2
      181 4 r mm ifi sr. One hotel in Hong Kong helps you finish the most important business of all. The challenge of doing business in Hong Kong isn't always concluding the deal. It's also concluding your meetings in time to fit in your shopping. At Hyatt Regency Hong Kong, we'll help
      181 words
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  • REST OF THE WORLD
    • Article
      Lock icon Japan's widening trade surplus raises worries
      413 5 Reuter A SENIOR US Treasury official has expressed concern about Japan's huge trade surplus and said Tokyo must cast aside narrow self-interest if it wants to become a world financial leader. In a sweeping review of USJapanese financial relations, Assistant US Treasury Secretary David
      Reuter  -  413 words
    • Article
      Lock icon Gorbachev to usher in new vision at UN
      281 5 Reuter MIKHAIL GORBACHEV is expected to reject a vision of endless struggle between capitalism and socialism in favour of new, joint East-West approaches to world problems when he addresses the UN General Assembly today. Soviet officials who briefed reporters in advance of
      Reuter  -  281 words
    • Article
      Lock icon Invitation to visit soup kitchens
      180 5 Reuter AN ADVOCATE for the homeless has invited Mikhail Gorbachev on a guided tour of New York City's soup kitchens and shelters, saying the Kremlin leader ought to see both sides of life in America. "If he is going to see one end of America,
      Reuter  -  180 words
    • Article
      Agriculture accord crucial to Gatt talks, Asean warns
      832 5  -  /7^Gatt Review I I I XUruguay Round 1988 By PAUL GOPAL EVEN AS a major breakthrough on liberalising trade in tropical products was announced in Montreal on Monday, ministers from Asean warned that the momentum in Gatt's Uruguay Round of Multilateral Trade
      832 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      167 5 |;$~[_)>,^}}&(|)`+)-]%=~^~~+/:] SOVEREIGN > id*** r .i. HIR iHHMIIfeiMM THE FIGURES STILL LOOK GOOD. It's received wisdom that Jaguar has a glomus past. More relevant today, however, is Jaguar's glorious present, and the Sovereign saloon which singlemindedly maintains a unique tradition of clothing sensuous performance, with restrained elegance. And of continuing
      167 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      43 5 Doonesbury H£y, UKS, PONT BB! I'M HAPPY FOR: you GUYS! UKS, OOOPLUCK' GOOPBY. I'M SORRY. s Va m m w THANKS. NtCS UFt* mm BY GARRY TRUDEAU SO, IS THAT IT? ANYMORE OLP6IRLFRJSNPS AROUNP IST Me CHeCK. MMBI? KIM? WAAH! Z-icricr ■^5E ,C
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Central bankers urged to be active
      379 6 Bernama BANK NEGARA governor Tan Sri Jaffar Hussein has stressed the need for central bankers to be active in the foreign exchange market, adding that the days of rigid exchange control, tight grips on domestic markets and exchange rates have gone. "They are blown
      Bernama  -  379 words
    • Article
      Government securities market
      102 6 Treasury bills Period Issue Yesterday's dosing Day's cod* Maturity M> OFFER UGH LOW 3 monita BQ*****S 02.03.89 3.52 3.47 3-53 3.43 6 roonrtu BY*****Z 23.03.89 3.61 3.56 3.62 3.44 1 year BY*****H 23.11.89 4.27 4.22 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code
      102 words
    • Article, Illustration
      World interest rates
      169 6 Mw prims ImdtagralN of 12 ma|or banks In S'pors Interbank market rates (offar/bld) on Dec 6 us$ DM SWFC Y«n 7 day. 3/4 13 13/14— 11/14 1-47/1 4 3/4 3/4 4 1/1-4 1 s/a i/a 13 1/14— 13 13/14 3 3/1 1/4 3 3/14 1/14 4J/I-I/J 1
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    • Article
      Money markets
      46 6 THE OVERNIGHT rate on the Singapore money market fell 1/8 point to close at 5 per cent yesterday. Short term rates rose 1/16 point across the board. S$ Interbank rates <>♦ *>• dose yesterday: (W. Jjjjj ,/u 's/U Jl/I 5 J J/U S 1/16 mod* J
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    • Article
      Asian $ market
      204 6 Asian market ASIAN DOLLAR deposit rates closed little changed in quiet trading yesterday. Most operators were sidelined due to a general lack of interest, with the market focusing its attention on next week's release of US October trade figures. 7 doyi 12 Hill us$ arm mo 3/4 5/6 9 3/4
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    • Article
      Lock icon Simex
      512 6 BA Futures March Eurodollar futures opened four ticks higher on Simex yesterday than the previous close at 90.75 on short covering in overnight trading due to a firmer dollar and lower oil prices. After briefly dipping to the low of 90.74, the March contract edged higher to 90.78 on
      BA Futures  -  512 words
    • Article
      Forex markets
      896 6 SINGAPORE: The US dollar remained in a holding pattern yesterday, ranging between Dmsrk 1.7245/70. yen 121.35/000. sterling 1.8666/95 and 551.9407. It closed at D-mark 1.7250, yen 121.40, sterling 1.6660 and 551.0415. The Japanaee QNP tor July/September quarter released yesterday morning continued to show a robust economy and based
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    • Article
      Foreign Exchange
      235 6 Interbank rates at 3pm yesterday: MO om mwm part* Local dollars to on* unit of foreign currency: US dolor StvftnQ pound 1.9420 1.9430 2.8196 •31.12 3.6257 3.6295 7.3469 -5065 Aurtraftan daft or 1.7011 1.7040 ***** -50.33 NZ doftar 1.2471 1.2697 3.4286 -6304 Canadian daft or 1.6360 1.6362 3.4206
      235 words
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      251 6 As our new head office in Amsterdam shows, we don't always think along traditional lines. mmmm mm 1 '''itiW V Sjfa vJRVte ir* «St, 2 w' z%.r MM n» M ■nhwHl *s* "*i. **< I We bank your way. \MB Banki rum head office is located in south east .4
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  • MONEY AND EXCHANGES
    • Article
      Options
      1001 7 CURRENCY FUTURES OPTIONS Tuesday, Dec 6 1988 DEUTSCHE MARK (S4MEX) Dac SS cad* High Low Sae Oac SS puto High Lev 52 53 54 55 56 57 54 59 60 «l 62 410A 310* 210A 105A 26A 3A Jam SS caMa High LM 405 305 205 106 24 2
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    • Article
      IMM
      313 7 Most IMM foreign currency futures ended with modest losses in lethargic trading, but sterling continued its recent advance on Monday. Volume was light, and prices for the most part drifted in narrow ranges. Traders took profits and squared positions in most currencies as the market paused to consolidate Friday's
      313 words
    • Article
      Comex gold/silver futures
      180 7 i .»m, ,< ira«»nfeiaai Gold futures on Doc 5, 1988 100 troy ounces. USS par troy ounca Opa* Mgk Lpar SaMa Ok 431 30 432.00 428.90 429.30 -2.40 ior 89 432.00 -2J0 Fab 435.80 436.60 433.80 434.20 •2.50 Apr 441.JO 442.40 439.30 ***** -2.40 Jun 447.30 447.80
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    • Article
      Analyst expects no sharp fall in US equity
      251 7 AN AMERICAN FUND manager has forecast that the Dow Jones industrial index will be moving within the range of 1,900 to 2.450 points over the next six months. Dr Barr Rosenberg, managing general partner and chief investment officer of Rosenberg Institutional Equity
      251 words
    • Article
      Lock icon Manila and IMF to resume talks on US$1.3b facility
      258 7 AFP SUSPENDED TALKS between the Philippines and the International Monetary Fund (IMF) on a US$l.3 billion facility are expected to resume this month, a Finance Department official said yesterday. The official, who asked not to be named, declined to specify a
      AFP  -  258 words
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      272 7 When you think about it, you expect more from a car than just status. i ISE 18^ 1 i *&ars2irFMrm i^.* v mm Accident Area i*: tMpimwiwi i, 111 mil I o J* R?V < i am w.« -C? -'r V i 'X: i A w~ •'*£?s v r# I
      272 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      297 8 Merrill Lynch Private Client 2000 years of experience i cit rlA\*m YA/ifK 'i TI J When you sit down with a Merrill Lynch Financial Consultant you're getting a world V of resources. Not the least of I these is a wealth of local market experience and understanding. Our team of
      297 words
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  • BANKING AND FINANCE
    • Article
      Luxembourg bank setting up offshore branch here
      352 9  -  By DEXTER LEE BANQUE INTERNATIONALE A Luxembourg SA, which has a lo-cally-based merchant bank, is in the process of setting up an offshore branch in Singapore as part of its expansion plans in the region. Mr J D Calmes, the deputy chairman of
      352 words
    • Article
      Lock icon Tokyo firm gets bond licence
      233 9 Reuter JAPAN'S Finance Ministry has granted a request by Japan Bond Trading Co (JBT) for permission to act as a broker in US Treasury bonds and notes in Tokyo, a ministry official said. JBT will start broking US 30year bonds and 10-year notes from Dec
      Reuter  -  233 words
    • Article, Illustration
      Lock icon Beregovoy holds talks with SocGen chairman
      317 9 Reuter FRENCH FINANCE MINISTER Pierre Beregovoy met Societe Generate chairman Marc Vienot in Paris on Monday to discuss the recent shareholding shake-up within France's largest privatised bank, government sources said. The meeting was the first since financial holding Marceau Investissements launched a big buying
      Reuter  -  317 words
    • Article
      Lock icon Cash shortage may force China to raise rates
      618 9 Reuter CHINA will soon need to raise bank interest rates to ease serious cash shortages in banks, according to Chinese and foreign economists in Beijing. A three-month austerity programme, started in early September after the worst run on banks in 40 years
      Reuter  -  618 words
    • Article
      Lock icon Japanese banks wary about leveraged buyout business
      217 9 Reuter JAPANESE BANKS are hanging back from the multibillion-dollar leveraged buyout business in the United States, in part because ot alarm over the soundness of some deals. Many loan officers at comparatively cautious Japanese banks say the quality of LBO loans is deteriorating.
      Reuter  -  217 words
    • Article
      Lay-offs at three financial institutions
      531 9  -  By LEONG WEN WAH THREE financial institutions have retrenched some of their employees recently because of a drop in their level of activities. The Singapore branch of Lloyds Bank reduced its workforce by 12. Elders Pica (Pte) Ltd trimmed its staff size by four, while
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    • Article
      Amex launches gift service for cardmembers
      154 9 CHARGE CARD company American Express (Amex) has launched its Express Gift service which provides personalised reminders and gift delivery for members throughout the year. The new service also provides free gift wrapping and de- livery for cardmembers. All gift orders are charged to the
      154 words
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  • COMMODITIES
    • Article
      Lock icon Opec revising technical definitions
      479 10 AFP THE ORGANISATION of Petroleum Exporting Countries (Opec) is revising various technical definitions to strengthen its recent output agreement and further tighten oil supplies, Opec sources said in Jakarta on Monday. The sources, who asked not to be named, said that all 13 Opec ministers initialled
      AFP  -  479 words
    • Article
      Lock icon Dealers bullish on platinum prices
      199 10 Reuter PLATINUM prices will continue to rise on bullish fundamentals and could touch more than US$63O an ounce soon, Tokyo metal dealers and analysts said. "The fundamentals can only provide a bullish price outlook," ACE Koeki Co Ltd analyst Kazushige Yamazaki said. "Supported by severe
      Reuter  -  199 words
    • Article
      Lock icon Crude Oil and Products
      160 10 Telerate Fuel oil prices were relatively flat to slightly lower on the Singapore market yesterday. Sell indications were heard at US$75-US$76 per tone (cif/fob Sing) for December CST-180. January CST-180 was indicated at softer numbers than those of December and some interest was seen for CST-380.
      Telerate  -  160 words
    • Article
      Precious Metals
      330 10 HONGKONG: Gold closed barely changed from New York levels in quiet, directionless trade yesterday. Bullion ended at U*****.60/429.10 an ounce against an initial U*****.30/80 and compared with New York's close of U*****.50/429 00 On the local market, gold fell to close at HK53,990 a tael. Coins were generally
      330 words
    • Article
      Rubber
      295 10 SINGAPORE: Rubber prices ended lower yesterday with January One RSS buyer quoted at 204.50 cents a kg, down 1.50 cents from Monday's close. Prices fell in quiet afternoon trading on some selling in line with softer Japanese rubber markets On the TSR-20 Award market, prices eased in line with
      295 words
    • Article
      RAS and MRELB
      275 10 RAS prices in S CMMg, FOB In b*l* NOON CLOSE Buy*rs S*ll*rs Bvyars Sellers Int 1 RSS Prompt 203.00 204.00N 201.00 202.00N Int 1 RSS Jon 88 206.50 207.5ON 204.50 205JON Int 1 RSS F.b 209JO 210.50N 207.50 206.50N Wit 2 RSS OP 201.00 203.00N 199.00 201.
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    • Article
      SSR and SMR
      78 10 (canft/kg) JANUARY 1988 FEBRUARY 1988 (currant month) (forward month) RAS NOON NOON lvy«n S«H«n ■wy«a S«U«n SSB 30 189.00 191.001 189.00 191.00N SSt 50 187.00 189.00N 187.00 189.00N MRELB l«y»n SAn lwy*n S*M*n SMt cv 300.00 303.00N 303.00 304.00N SMt I 394.00 396.00N 396.00 398.00N SMI 5
      78 words
    • Article
      Palm Oil
      428 10 MALAYSIAN CRUDE PALM OIL FUTURES closed slightly lower in slightly easier trading on the Kuala Lumpur Commodity Exchange yesterday. The lower sentiment was because of the decline on the Chicago Board of Trade overnight and also the quiet cash market Prices fell within a narrow range on short
      428 words
    • Article
      Soybean
      105 10 SOYBEAN FUTURES sank to new session lows as heavy speculative selling depressed already-weak prices at the close on the Chicago Board of Trade on Monday Prices closed near session lows from off 12 to three cents a bushel with spot January off 12 cents at U557.56-3/4. CBT soymeal futures
      105 words
    • Article
      KL Tin
      184 10 THE tin price cloeed unchanged In Kuala Lumpur at M 519.59 a kg yeaterday. Continued good buying demand from Europe and local Interests helped to offset the high offerlnge at the atari. Turnover allpped elightly to 101 tonnea from 104 tonnea on Monday with 15 per cent rationing
      184 words
    • Article
      Produce Prices
      232 10 Chinese Produce Exchange SoMon' noon doting pricoj on Doc 6 (S$/100 kg) Coconut oil Ml FOB 113.00 Otd drum FOB 123.00 Ntw drum FOB 127.00 Copra Mlx*d (Ioom) 66 Pepper Munlok whJt* FOB NIW 730.00 Sarawak FOB foq NIW 720.00 Sarawak tpadal block FOB NIW 460.00 Sarawak Asta
      232 words
    • Article
      London markets
      293 10 London Commodity Exchange &uyer/Soli«r doting prices on Doc 5, (£/tonno unless specified). Previous closing prices in parenthesis. Colt— tosh ln-s»ore London option OF London --II wwn Jan 1103/1105 (1100/1104) High/Low 1110/1096 Mar 1096/1099 (1089/1090 Hlg»«/Lo» 1099/1083 Sates (1645) Cocoa Dec 843/845 (825/826) High/Low 842/829 Mor 863/864 (851/853) H^h/low
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    • Article
      Wheat
      100 10 WHEAT FUTURES closed with sharp losses after lowa Grain's sale of some five million bushels of March was followed up by more commission and local house liquidation on the Chicago Board of Trade on Monday. Prices settled on or near session lows from off 6-1/4 to 4-1/2 cents a
      100 words
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      224 10 INTERFLUG TO BERUN M WNOW, TWICE A WEEK Every Tuesday and Sunday, 7.30 pm. With convenient connections from Berlin (Schoenefeld Airport) to Amsterdam, Athens, Bucharest, Budapest, Copenhagen, Leningrad, Milan, Moscow, Prague, Rome, Sofia, Warsaw and other European cities. Plus frequent bus service from airport to West Berlin. GERMAN DEMOCRATIC REPUBLIC
      224 words
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  • FOCUS
    • Article, Illustration
      Lock icon Taiwan the receiver is now the giver
      835 11 High growth rates in production, a moderate population growth, and the fact that Taiwan has not suffered any major recession in the past 35 years have brought it great wealth. The following two articles analyse how and why the country spends its riches.
      Bernama  -  835 words
    • Article
      Lock icon Taiwanese appetite for foreign real estate growing
      381 11 AFP THE VAST SURPLUS of idle cash which has fuelled Taiwan's stock and property markets in the past year is now finding a niche abroad in real estate in the United States, Canada and Australia. "Going abroad is the best choice for the
      AFP  -  381 words
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  • PERSPECTIVE
    • Article
      Shaking off the past
      293 12 ON NOVEMBER 26, South Korean President Roh Tee-woo promised to overhaul the Cabinet and the ruling Democratic Justice Party when he appealed to the people to pardon his predecessor, Chun Doo-Hwan, for human rights abuses and corruption which had occurred during the letter's rule. The first
      293 words
    • Article
      A united audience
      181 12 IN HIS ADDRESS to the United Nations General Assembly today, Soviet President Mikhail Gorbachev is expected to go beyond easy generalities and make substantial statements on East-West relations. This would be entirely in character: since taking power, Mr Gorbachev has opened a number of initiatives to try
      181 words
    • Article, Illustration
      A$ biting the hands that feed it
      1389 12  -  The Australian dollar has risen to its highest level against the US dollar in four years. Its rise in value against the greenback is especially worrisome because, in international markets, America is Australia's main competitor. FLORENCE CHONG reports from Sydney. FLORENCE CHONG THE
      1,389 words
    • Article, Illustration
      One up for the MCA, for now ...
      817 13  - One up for the MCA, for now Relations have plummetted between the Malaysian Chinese Association and Gerakan, two components of Malaysia's ruling National Front, following the defection of several important Gerakan leaders and many of their supporters to the MCA. DAVID CHEW of the Foreign Desk looks at the issues
      817 words
    • Article, Illustration
      Lock icon EC faces mighty battles after summit sparring
      635 13  -  By SIMON ALTERMAN Reuter THE FRIENDLY JOUSTING at the European Community (EC) summit over the weekend promises mighty battles next year over how best to integrate the 12 EC economies into a giant single market. Two days of low-key talks in the crusaders'
      Reuter  -  635 words
  • Page 12 Advertisements
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      451 12 JMU 11 Who is this man? What happened to nUt him at Bibi's to cause such a sudden and violent growth of body hair? Are you willing to risk the same If you are, why not cancel ~4| that boring movie date you've I Wt got lined up for this
      451 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      42 12 i i i i, jones —move cveß BOEJCMP«pn ,THe PROFUGftTe Buvits/G CLeRK, iS LOOKING FbR PI PLP<C£ Tq Sir Lets G£T Hirvi 1£) US l. L J mcs GON£ we VgoUfSW OFF HIS CROf^BS UJ c f (VEN"«G tr*NO*KO CO LTD 7504.
      42 words
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      143 13 THE REGENT OF SINGAPORE. WHERE THE PAVILION USED TO BE BEFORE. I 7> Z T] r ror a long time something has been missing from Singapore. A Regent. Now, with the Regent of Singapore, this situation has come to an end. Formerly called the Pavilion Intercontinental, the Regent of Singapore
      143 words
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  • LEISURE
    • Article, Illustration
      Ever pragmatic, ever practical
      608 14  -  TREASURE HUNT By SANGEETA MULCHAND THEY PLOTTED. They planned. They wore their army boots. Just in case, you know. Lady Luck couldn't turn them down and the two bank officers from different banks found the Sang Nila Utama Ballantine's treasure chest at Ponggol last Saturday just
      608 words
    • Article
      Lock icon Zappa's acid wit at its best
      706 15 MUSIC UPI FRANK ZAPPA has capped his own version of election year coverage with a live album taken from his "Broadway the hard way" tour that ranks with the most controversial releases of his iconoclastic career. Those who have followed the brilliant composer/satirist's work
      UPI  -  706 words
    • Article, Illustration
      Lock icon Was it fun?
      455 15  -  GARAGE SALE By DAVID GRIMES NYT HOLDING a garage sale can be a lot of fun, especially if you're the kind of person who defines a lot of fun as inviting a crowd of strangers to paw through your valuables and personal belongings, the best of which
      NYT  -  455 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      761 14 re to enterta THE MONK'S BOWL DELIGHTS An authentic Chinese dish Generous portion of succulent pork, diced and stir-fried Presented in a lovely golden brown taro bowl, with Chinese wine, black pepper added in for that exquisite taste Available only in December at the Meisan Szechuan Restaurant on level 2.
      761 words
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      Page 14 Advertisements Column 2
      137 14 I r\ J Ik is* ism -*> V. r. ML e t II J The most popular Putfet lunch renowned for its value-for-money kT W kAj 0"*»>" V 11 < :'rr'p nm*' J I| f 40 other new varieties! Superior specialities 3. with menu change every fortnight! Only $14£0++ ehW
      137 words
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      143 15 m ii Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki Four tatami rooms are availaPle for private parties Located on the 2nd floor Open 12 noon to 3 pm 6 30 pm to 11 pm Jkß Century Park Sheraton Singapore 16 Nossim Hi# Singapore
      143 words
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      Page 15 Advertisements Column 2
      113 15 Treasure Hunt Only One More The fever is rising in the Great Ballantine's Treasure Hunt. Last weekend, another Treasure Chest was found! And Treasure Hunters are closing in on the last Ballantine's Treasure Chest hidden at a secret location in Singapore. Find this last Treasure Chest full of Ballantine's Scotch
      113 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      634 15 12 13 24 25 26 27 CRYPTIC PUZZLE ACROSS 1 Come forward (or promotion (4.2) 7 His importance is not just anybody's guess (6) 8 With a bit of luck, you can cheat at this game (4) 10 I get him to bring a drink around (6) 11 Somewhere else
      634 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1168 15 TO tffiXD QaOQS) Life and death r w v J BILLIONAIRE BOYS CLUB (pt 1) 9.30pm, Channel 5 Michael Chomsky of Roots fame directs in this web of violence and murder based on actual sensational events in America s fast lane. A charismatic and ruthlessly ambitious young man plays on
      1,168 words
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  • SPORTS
    • Article
      Lock icon Becker ends Lendl's streak in five-set thriller
      581 16 TENNIS Reuter, AFP BORIS BECKER did it the hard way on Monday and after his triumph was not quite sure of what he had accomplished. "I don't know what happened yet. I think I will realise it in the next couple of days,"
      Reuter,; AFP  -  581 words
    • Article, Illustration
      Lock icon China, South Korea out of Federation Cup
      222 16 AFP CHINA and South Korea both bowed out of the Federation Cup in Melbourne yesterday, leaving only giant-killers Indonesia to fly the flag for Asia in the second round. New Zealand easily eliminated China 3-0 but South Korea put up stiffer opposition in
      AFP  -  222 words
    • Article
      Lock icon Benz and Huston strike gold in mixed team event
      351 16 GOLF UPI AMY BENZ and John Huston earned the biggest pay cheque of their career too late to brag about it at their high school reunion. The 1979 classmates at Dunedin High School, about 16 Km north of Largo, Florida, played
      UPI  -  351 words
    • Article
      Lock icon Fifty-two pros survive qualifier to earn playing cards for PGA tour
      177 16 AFP A TOTAL of 52 golfers survived the gruelling six-round PGA tour qualifying tournament in La Quinta, California, on Monday and earned playing cards for the 1969 US circuit. Many of the "winners" were veterans such as Ray Barr,
      AFP  -  177 words
    • Article, Illustration
      Lock icon A tough Christmas ahead
      770 16 AMERICAN FOOTBALL UPI THE NFL SEASON is two weeks from completion, and 10 teams are assured of being home for Christmas. Atlanta, Miami and the New York Jets were eliminated from the play-offs with losses last Sunday. Buffalo, Cincinnati and Chicago have clinched play-off berths, leaving
      UPI  -  770 words
    • Article, Illustration
      Lock icon Tomba hoping to score big at home
      441 16 SKIING Reuter OLYMPIC CHAMPION Alberto Tomba. anxious for points after a disappointing start to the Alpine skiing season, was aiming to repeat last year's success on home snow in Sestriere, Italy, and win a World Cup slalom on Tuesday. But to do so,
      Reuter  -  441 words
    • Article
      Lock icon Progress of the game lauded
      277 16 BASEBALL UPI COMMISSIONER Peter Ueberroth. who taught baseball to market itself, on Monday lauded the game for improved attendance, tougher drug policiee and greater outside income, but called for more progress in hiring minorities. Ueberroth, who turns his job over to National League President Bart
      UPI  -  277 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      136 16 Restaurant Manager Mr Wang Ban Say hmvrt yiprt«» VwM,„ ,n Hr. ..n Nu. kl<n« P.« s»yr» i:»»« artti Welcome to Dragon City Dragon City Sichuan Restaurant is famous (or its exquisite Sichuan Cuisine Savour some of the marvellous delights from our menu comprising of over 188 Sichuan and Seafood dishes
      136 words
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      375 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF NEW WORLD (1988) PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2Xb) At an Extraordinary General Meeting of the company held at 1 Scotts Road, 13th/14th Storeys, Shaw Centre. Singapore
      375 words
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      Page 16 Advertisements Column 3
      394 16 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF SENTRY HOLDINGS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(S)(b)) At an Extraordinary General Meeting of the Company held at #27-01 Clifford Centre, Singapore 0104 on 25 November 1968, the
      394 words
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      Page 16 Advertisements Column 4
      308 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 90) AND IN THE MATTER OF GEE THONG HUNG PRIVATE LIMITED (In Memben' Voluntary Wlnding-Up) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 93 Cairnhill Circle, Singapore 0922 on Monday, the 7th day of November 1968
      308 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Shangri-La to manage Tanjung Aru hotel
      302 17 SHANGRI-LA International Hotel Management Ltd has clinched a contract with the Tanjung Aru Beach Hotel Sdn Bhd in Sabah, bringing the number of Shan-gri-La hotels to 16. The 300-room hotel is one of Sabah's top two hotels, built at a cost of MS3OO million
      302 words
    • Article, Illustration
      Berjaya Corp's diversification programme seen paying off
      470 17  -  By MICHELLE OH BERJAYA Corps diversification moves appear to have paid off. Contributions from companies it acquired last year plus favourable trading conditions boosted interim profits, causing the Malaysian conglomerate to raise its full-year profits forecast by one-fifth. Berjaya, which more than quadrupled
      470 words
    • Article
      Lock icon ASM unit in project to make steel containers
      293 17 Bernama. MBT AMALGAMATED Steel Mills (ASM), which recently opted for tyre manufacturing, has now decided to go into a Ms 43 million venture in dry cargo steel containers. Malaysia's leading steel mill will start manufacturing dry cargo steel containers next year through
      Bernama.; MBT  -  293 words
    • Article
      Lock icon Landmarks Hldgs to be dissolved, new company to take over
      284 17 Bernima LANDMARKS Holdings Bhd (LHB) is to be dissolved and s new company, identified only as 'Newco', will take over all its assets and liabilities under its proposed revised new scheme of arrangement. 0 C Mitsui Merchant Bankers Bhd. on
      Bernima  -  284 words
    • Article, Illustration
      MUI shares worth $30m up for sale
      585 17  -  Owner said to have found a Malaysian buyer By LONG SHIH ROME A SUBSTANTIAL block of Malayan United Industries Bhd (MUI) shares, worth about $30 million, is up for sale. Sources across both sides of the causeway said a number of parties expressed
      585 words
    • SES
      • Article, Illustration
        Stock prices creep up on light bargain hunting
        1151 18  -  by JOCELYN TOH SHARE PRICES crept up on the local stock exchange yesterday but there was no spirited reaction to the rises in Tokyo and New York. By mid-afternoon, the market showed signs of losing steam. Sentiment is particularly important in a
        1,151 words
      • Article
        COMPANY MEETINGS
        115 18 LINQUI DEVELOPMENTS Berhad: 20th AGM at Ballroom Prince 3, Prince Hotel, Jalan Imbi, Kuala Lumpur on Thursday Dec 8 at 9.30 am. LUM CHANG HOLDINGS Ltd: 6th AGM at Board Room of the office of the company, 38 Kim Tian Road #03-00, Kim Tian Plaza on Dec 9
        115 words
      • Article
        APPROVED ISSUES
        85 18 Company RIGHTS ISSUE Spore land 0«« 2% unsecured loon stock with detochobfe warrants for every ordinary share held Eoch $2 nomnol value loon stock will be oUo'ed on® warrant. convertible anytim# within five years E« dote No* 28 Books close Dec 8 Company OTHERS lr»d Oxygen Restricted oHer
        85 words
      • Article
        PROPOSED ISSUES
        321 18 Company RIGHTS ISSUE C 1 Holdings 27 million loon stocks in the ratio of $3 loon stock tor every five ordinary shores held 0 C Bonk One tor two tO 75 per shore Duta Com One-tor one $1 10 per shore F A C B One tor one
        321 words
    • Article
      SES SHARE INFORMATION
      5592 18 196 High Low Tel Cod* Company Last Sale DEC 06 orVol (-000) Day Last Out High Low Buyer St Ml Qr's Dlv Dlv Cvr Qr's rid Not P/E M Cap Smll SECTION ONE INDUSTRIAL A COMMERCIAL 141 85 218 167 135 460 209 350 129 167 177
      5,592 words
    • KLSE
      • Article, Illustration
        Lock icon KL stages a mild rally
        3464 19 NST INVESTORS have every reason to be cheerful After several sessions of downtrend, the Kuala Lumpur stock market managed to stage a mild recovery to finish higher across the board in lackadaisical trading. Dealers attributed the better sentiment mainly to the sharp overnight rise in
        NST  -  3,464 words
    • REGIONAL MARKETS
      • Article
        Lock icon Two Japanese companies in Malaysian ferrite venture
        156 20 AFP NIP°ON STEEL Corp and Nissho Iwai Corp of Japan have set up a joint venture in Malaysia to produce soft ferrite core mainly for Japanese manufacturers based in South-east Asia. The joint firm, named Nippon Steel Soft Ferrite Technology (Malaysia), with Ms2o
        AFP  -  156 words
      • Article
        Lock icon Bond Corp raises bid for J N Taylor
        115 20 Reuter BOND CORP Holdings Ltd has increased its bid for investment firm J N Taylor Holdings Ltd to A 52.20 a share from As 2 a share. Bond Corp launched the offer on Nov 29 for the 53.4 per cent of Taylor
        Reuter  -  115 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        535 20 Reuter ZURICH: Swiss shares closed firmer yesterday, supported by Wall Street's higher close and Tokyo's firmer trend. Turnover was higher than Monday but still below last week's average, dealers said. Swaps between different categories of shares continued but at a slower pace. Bearer shares of selected companies
        Reuter  -  535 words
      • Article
        Lock icon Fujitsu unveils new computers
        102 20 Reuter FUJITSU LTD has unveiled in Tokyo a new series of supercomputers that operate more than twice as fast as its previous models, excutives said. The eight-model VP2OOO series boasts the world's fastest vector processing speed of four gigaflops (billion floating point operations per second) in
        Reuter  -  102 words
      • Article, Illustration
        Lock icon Prices finish firmer
        596 20 Tokyo Reuter TOKYO share prices ended firmer yesterday with the main index at a record close on Wall Street's overnight rise, but off early traded peaks due to profit-taking, brokers said. "The index could reach 30,000 by the end of this week, after pausing slightly along the
        Reuter  -  596 words
      • Article, Illustration
        Lock icon Stocks close higher
        541 20 Australia Reuter THE AUSTRALIAN share market closed higher in thin trading yesterday as local traders bought back into the market after six days of selling But pessimism still gripped the market and long term investors and local institutions kept to the sidelines, one dealer said. "The volume
        Reuter  -  541 words
      • Article, Illustration
        Shares end barely changed
        1407 20 Hongkong BUYERS ACTIVELY battled sellers yesterday but the Hongkong market stopped short of HK$l billion in turnover and left stock indices little changed, brokers said. "The Hang Seng went up and down. The momentum is there but the market was less aggressive than it had been
        1,407 words
      • Article
        Lock icon Taipei: Market soars
        547 20 Reuter SMALL INVESTORS, excited by a finance ministry decision to allow three state-run banks to raise their capital reserves and issue dividend stocks, sent the Taiwan stock market soaring yesterday. The weighted index jumped 303.74 points, or 4.8 per cent, to close at 6,614.36. Turnover was NTJ20.44
        Reuter  -  547 words
      • Article
        Lock icon Seoul: Liquid market
        169 20 Reuter SEOUL STOCKS yesterday continued rising, driven by ample liquidity and confidence in new economic ministers picked in Monday's Cabinet shake-up, brokers said. "Liquidity is driving the market. In early trading, there was some hesitancy among investors as they thought there would be some market correction. But
        Reuter  -  169 words
      • Article
        Lock icon Bangkok: Index down
        160 20 Reuter THE SECURITIES Exchange of Thailand Index fell 0.63 points to 396.52 yesterday on a turnover of 3,126,431 shares worth 327.73 million baht. Dec M I BANT 1Ao Kham Thai Ayudhya Invaatmanl Bangkok Aground Bangkok Bank Bank Of Ayudhya Charoong Thai Wlra Cabia Data mat Dhana Siam
        Reuter  -  160 words
      • Article
        Lock icon NZ: Thin volume
        165 20 Reuter THE NEW ZEALAND share market yesterday closed a little higher on thin volume but brokers said they were disappointed at the rise given Wall Street's 31-point rise on Monday. "It's the same old story it was up but there was nothing to follow." Hendry Hay Mcintosh's
        Reuter  -  165 words
      • Article
        Lock icon Manila: Mixed close
        58 20 Reuter PROFIT-TAKING depressed most share prices in Manila yesterday but mining stocks remained firm on the back of strong metal prices, brokers said. Manila's composite index eased 3.97 points to 760.30. Trade value rose to 116.9 million pesos from Monday's 111.2 million, despite a drop in volume
        Reuter  -  58 words
      • Article
        Lock icon Bombay: Prices fall
        83 20 Reuter BOMBAY share prices yesterday fell for a second day as heavy margin deposits imposed on deals in 50 leading scrips discouraged fresh commitments, brokers said. They said the deposit margins, intended to curb excess speculation, reduced business volume. Brokers said end-of-account considerations further affected sentiment after
        Reuter  -  83 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Blue chips reverse losses
        845 21 New York Reuter THE RELATIVE cheapness of stocks sent investors bargain-hunting on Monday, helping blue chips reverse last Friday s losses, market analysts said. Higher bond prices and a firmer dollar also helped pave the way for a stock market advance, they added. The Dow Jones
        Reuter  -  845 words
      • Article, Illustration
        Lock icon Equities open firm
        951 21 London Reuter LONDON SHARES opened firm yesterday on the back of a 31-point rise in the Dow Jones Industrial Index overnight. But dealers said the positive response to the Wall Street advance was dampened by news that Morgan Grenfell was to cease making a market in UK
        Reuter  -  951 words
      • Article
        Lock icon Novel plan to retire companies' equity
        390 21 FT FOUR LEADING AMERICAN corporations have applied to convert a total of US$5 billion of their common stock into a new type of hybrid debt and equity security which could have significant implications for management and corporate finance practices around the world. The issue
        FT  -  390 words
      • Article
        Lock icon Philip Morris's Kraft deal nears completion
        1441 21 AP PHILIP MORRIS Co has nearly completed its US$l2.9 billion buy-out of Kraft Inc and the creation of the world's largest consumer products company. The Kraft acquisition will unite two companies that had combined sales of U5537.6 billion in 1987, surpassing the nearly US$3l
        AP  -  1,441 words
    • Article, Illustration
      SES rejects Amcol's request to issue shares
      402 22  -  Company drops shares-for-properties proposals By MAGDALENE NG AMCOL HOLDINGS LTD's request to issue new shares to buy four pieces of properties has been rejected by the Stock Exchange of Singapore. The company would thus not proceed with the acquisitions, said Amcol in a
      402 words
    • Article
      Lock icon KL to hold talks with Manila on disputed areas in S China Sea
      246 22 UPI PHILIPPINE Foreign Secretary Raul Manglapus said yesterday that Malaysia has agreed to begin talks with the Philippines next month in Kuala Lumpur on disputed areas in the South China Sea. The talks follow the fourmonth detention
      UPI  -  246 words
    • Article, Illustration
      Lock icon Meeting at Malacanang
      25 22 Philippine President Corazan Aquino receiving Singapore Foreign Minister Wong Kan Seng during his courtesy call at Malacanang Palace. AFP picture AFP picture
      AFP picture  -  25 words
    • Article
      Lock icon Heng Samrin aims to retain control
      293 22 Reuter, AFP CAMBODIA'S pro-Vietnamese government aims to keep control of the country even if there is a political settlement of its guerilla war, Cambodian Communist Party leader Heng Samrin said. He told party activists in a speech made available in Bangkok yesterday that a
      Reuter,; AFP  -  293 words
    • Article
      Cutback won't hit Morgan Grenfell's broking arm
      477 22  -  By ROSIE TAN THE SINGAPORE stockbroking arm of British merchant banking group Morgan Grenfell pic has emphasised that it will not be affected by the cutback in stockbroking activities in the UK which was announced yesterday. Mr Hsieh Fu Hua, who is a
      477 words
    • Article
      Lock icon Thailand announces tariff cuts under Asean PTA
      139 22 OANA-TNA THE Thai Customs Department has announced cuts of 25 per cent to 50 per cent in import duties on 2,693 products from fellow Asean member-coun-tries in accordance with agreements on Preferential Tariff Arrangements reached by the grouping. The department said in Bangkok
      OANA-TNA  -  139 words
    • Article
      Lock icon Role of NIEs in Asian development
      89 22 Bernama THE MANILA-BASED Asian Development Bank has approved a technical assistance grant of US$lOO,OOO for a round table on the role of the Newly Industrialising Economies in Asian development, the bank said in a statement in Kuala Lumpur yesterday. The round table, scheduled for
      Bernama  -  89 words
    • Article
      Lock icon Moscow seeks better Tokyo ties
      80 22 Reuter SOVIET Ambassador to Japan Nikolai Soloviev said yesterday that Moscow wanted to radically improve its relations with Tokyo and was prepared to discuss all issues, including a long-standing territorial dispute. Mr Soloviev was addressing a luncheon meeting in Tokyo two weeks before the official
      Reuter  -  80 words
    • Article
      Lock icon How Beijing can make merger attractive to Taipei
      293 22 UPI THE REUNIFICATION of Taiwan with mainland China is inevitable, but Beijing first needs to get its own house in order to make a merger attractive to Taipei. US presidential adviser Anna Chennault said in Hongkong yesterday. She said that the new
      UPI  -  293 words
    • Article
      Lock icon Roh to revamp ruling party leadership
      331 22 UPI AP SOUTH KOREAN President Roh Tae-Woo said yesterday that he would reshuffle the leadership of the ruling Democratic Justice Party in a day or two to complete a reorganisation of his government and push democratic reforms briskly. Mr Roh met ranking members of
      UPI; AP  -  331 words
    • Article
      Lock icon 'In-fighting in New Umno not due to ideologies or social issues'
      317 22 Bernama IN-FIGHTING in New Umno is not due to a conflict of political ideologies or social issues involving the interest of Malays in particular. Malaysian Member of Parliament Oatuk Dr Afifuddin Haji Omar said yesterday. It has been caused
      Bernama  -  317 words
    • Article
      Lock icon Japan ahead of US as Asean investor
      93 22 AFP JAPAN is far ahead of the US as an investor in Asean countries, a US expert said in Manila yesterday. Seiji Naya. an economist of the East-West Centre in Hawaii, told the Asean-US Business Council that Japanese investment had reached U5515.96 billion
      AFP  -  93 words
    • LATE FILE
      • Article
        Lock icon KL Parliament rejects motion
        57 22 Bernama THE MALAYSIAN Parliament late last night rejected a motion tabled by former Trade and Industry Minister Tengku Razaleigh Hamzah seeking to present a private member's Bill to amend the Societies Act 1966 to revive the deregistered United Malays National Organisation. The motion was defeated 106-35
        Bernama  -  57 words
      • Article
        Lock icon Anwar's reaction to allegation
        50 22 Bernama MALAYSIAN Education Minister Anwar Ibrahim said yesterday that he was prepared to resign as New Umno vice-president if anyone could substantiate claims that he had once trampled on a party flag. He was replying in Parliament to Independent member Datuk Haji Zakaria Abdul Rahman. Bernama
        Bernama  -  50 words
      • Article
        Lock icon Peres wants talks with Likud
        48 22 AP ISRAELI Foreign Minister Shimon Peres said yesterday that he would ask his leftleaning Labour Party to reverse itself and permit talks with the right-wing Likud bloc on forming another coalition government. Mr Peres made the announcement after meeting President Chaim Herzog. AP
        AP  -  48 words
      • Article
        Lock icon Jakarta's export income rises
        29 22 AFP INDONESIAN export income grew 17 per cent from year earlier to U5514.56 billion in the nine months to September, Bank Indonesia said yesterday. AFP
        AFP  -  29 words
      • Article
        Lock icon Japan joins rescue exercise
        51 22 Reuter JAPAN joined the US and Hongkong yesterday to launch the first three-nation air-sea rescue exercise in the South China Sea. "The idea is to build up a closely knit umbrella of air-sea rescue services in the Pacific," said David Hunt of Hongkong's Port Services Department.
        Reuter  -  51 words
      • Article
        Lock icon Eight file for presidential poll
        32 22 AFP EIGHT people yesterday filed nomination papers for next week's presidential elections in Pakistan, shattering expectations that President Ghulam Ishaq Khan would run for the post unopposed.
        AFP  -  32 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      264 17 You are invited to the "Show of Shows cs December B—ll, 1988 Halls 3, 4 5; World Trade Centre The biggest and most important information technology exhibition in the Asia/Pacific region opens in Singapore on December 8. Occupying nearly 20,000 sq.m. at the World Trade Centre it is truly the
      264 words
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      Page 17 Advertisements Column 2
      50 17 CURRENCY INVESTMENT .AMERICAN I XI'KI SS HANK TEL: 321 3333 What Do Marco Polo And The Regent Singapore Have In Common The Best In Designers Men swear 7 A A i Philippe Andreas L HOMME The Regent Singapore Shop: #01-14 Tel: *****28 The Marco Polo Shop: No 12 Tel: *****20
      50 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      31 17 A/F/V 77//A/Z tcoez OttAr-zZoTJ' O£T /'M 7Z> M/ 55.. ££A/r//*£~HT~/l£TU/g I &&/r. r 'OS #61 W by Martell r Svt/*r/$ /r* 7V& t//£-/v a* A/£T<V &or££>//S6 /S£/e£-... L^> m d' ,K
      31 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      530 20 BAGTRANSPACK INVESTMENT COMPANY PTE. LIMITED (INCORPORATED IN SINGAPORE THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BAGTRANSPACK INVESTMENT COMPANY PTE LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of BAGTRANSPACK INVESTMENT COMPANY PTE LIMITED duly held and convened at the
      530 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      189 22 QUAL I T Y BE F ORE YOUR •••I cm /y i r>V j iii i < Y\" 4 4 i Y^^r- > \> >. av- Smooth,clear vision at any distance The true version by Rodenstock. Left and right, you have heard about progressive power lenses Here's the version you've
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      4 22 Mora stories, PAGE 4
      4 words
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      Page 22 Advertisements Column 3
      3 22 LMd*r, PAGE 12
      3 words
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      Page 22 Advertisements Column 4
      490 22 Introducing A Positive Corporate Culture Singapore, January 9 10,1989 This course explores the issue of corporate culture and identifies some practical action steps for managers to introduce positive changes The key topics covered are: Why Culture Matters: Culture as a Management Issue Creating a Bridge between Individual Attitudes and Corporate
      490 words
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  • SHIPPING TIMES
    • Article
      Malaysian coastal shipping shows less surplus capacity
      357 23  -  By G DURAIRAJ THE COASTAL shipping trade in Malaysia has finally stabilised after years of instability in the trade brought about by surplus tonnage and severe competition. Shipping sources said although surplus capacity in the trade has not been wiped out completely it
      357 words
    • Article
      Lock icon Dead rat causes delay in unloading of timber cargo in Sydney
      239 23 AFP A DEAD RAT on Monday held up the unloading of a South-east Asian cargo ship which last Sunday ran the gauntlet of Sydney water-borne protestors against its cargo of Malaysian rainforest timber. After the rat was found, waterside
      AFP  -  239 words
    • PORTSIDES
      • Article
        Lock icon Kuwaiti navy detonates mine
        85 23 Reuter THE KUWAITI NAVY has detected and detonated a mine in the northern Gulf, the Kuwait News Agency said on Monday quoting a Defence Ministry official. The official said the mine was dragged to Qarwa island and detonated. The US Navy has discovered at least 166
        Reuter  -  85 words
      • Article
        Accord between JSS, VinaControl
        128 23 AN AGREEMENT of Cooperation was recently signed between Jardine Surveying Services Pte Ltd (JSS) and the Vietnam Superintendence and Inspection Company (VinaControl) in Hanoi. JSS will carry out VinaControl's inspection requirements in Southeast Asia, while VinaControl will carry out JSS's in Vietnam and, through its association
        128 words
      • Article
        Lock icon Ships in trouble
        141 23 Reuter LLOYD'S Shipping Intelligence Service has reported the following ships in trouble: The Brazilian ore and oil vessel Maraca grounded at the entrance to El Dekheila, a sub-port seven kilometres west of Alexandria. on Dec 2 during berthing manoeuvres. Swedish roll-on roll-off ferry Lion Prince, which grounded
        Reuter  -  141 words
    • Article
      INDEX TO ADVERTISERS
      911 24 AB Shpg V ABSS Shpg XI ABC Contain*' IX Accord Shpg VI Anr«nki*l tine' X ANtrant VII AC Toepfer XI American Tpt X Anro Service IV Arrow lines IX Asian Oceon XI Assoc Carriage XJ ANl 1 A PC line V API III ASCI ID Atlos line
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    • Article
      Bureau Veritas's rules for stainless steel out
      170 24 BUREAU VERITAS has just published the rules applicable to stainless steel intended for chemical tankers. The Rule Note NR 301 DNC ROO E is based on Bureau Veritas's wide experience in the field of bulk transportation of highly corrosive chemicals. Such experience has
      170 words
    • Article
      Lock icon WEEKLY FREIGHTS
      798 25 AFP RATES continued to fall on the dry cargo market over the past week, traders said on Monday The Biftex (Baltic International Freight Futures Exchange) index fell 22 points to close at 1.490 points Traders attributed the drop to a slowdown in activity. especially for Panamax vessels (50.000-70,000
      AFP  -  798 words
    • Article
      Plan to impose surcharge in Brisbane and Sydney
      349 25  -  By FLORENCE CHONG THE AUSTRALIAN CHAMBER of Shipping plans to introduce a surcharge in Brisbane and Sydney to counter long delays in moving goods out of the waterfront in the two ports. Mr P A Dexter, president of the chamber, indicated that
      349 words
    • Article
      Lock icon Tanker/combo scrap sales down
      190 25 Reuter OIL TANKER/combination carrier tonnage sold for scrap totalled only one vessel of 311,381 long dwt last month compared with 204,987 dwt (five vessels) in October, said London Shipbroker Howard Houlder. This brought total sales for the first 11 months of this year to 2 93
      Reuter  -  190 words
    • Article
      SHIPPING LIST
      7627 30 AARHUS Kang He China Ocean Oec 8 M Paris. Maersk Lin*. Oec 8 Kamakura Triot. Dec 8 Ever Gallant. Evergreen Dec 10 Largs Bay. Triot. Dec 11(PK) Ned Suria. ScanDutcht Dec 12 Xing He. China Ocean. Dec 13 Ming Peace. Yang Ming. Dec 14 Ville de Ptuton. CM
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    • Article
      SHIPS IN PORT
      1402 30 AT CONVENTIONAL WHARVES VmmI Barth Arrival Departure KEPPEL WHARVES Ady K33 oiongs.de 0612/1000 Apr«t Glory KI9 alongside 07 12/ISOO Ar«t 04 olongside II 12/ISOO Con Furono Kit olongside 07 12/1200 Continent 1 *19 alongside 0612/2300 F«rb<m, K2I olongvd* 0612/2300 G Hoven K36 olongside 1312/0600 Gl Seloion 6
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    • Article
      LONDON FREIGHTS
      1372 32 THE WEEK started with uncertainty regarding reported grain fixing from the US Gulf to the Continent, shipbrokers said. Market talk suggested Archer Daniels booked the Finix for around 58,000 tors of light grain from the Mississippi to the Netherlands at about US$B7O,OOO equating to about Sl5 but this
      1,372 words
    • Article
      HK as major maritime arbitration centre
      279 34  -  By VONNIE B ISHOP HONGKONG can be expected to play a bigger role as a maritime arbitration centre for the region. Mr Justice Hunter, chairman of the Hongkong International Arbitration Centre, said there are legal changes now under consideration which would provide further privacy
      279 words
    • Article
      Bimco wants to sign US customs accord
      297 34  -  -By Vonnie Bishop DR HELMUT SOHMEN is hopeful the Baltic International Maritime council (Bimco). of which he is president, will soon become a signatory to the Sea Carriers Voluntary Initiative Agreement (VIA) introduced by the United States Customs. It is understood that the
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  • Page 23 Advertisements
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      689 23 TIMRS w. WW to Service jAAOmf SHIPPING A6ENCKB 200 Cantonment Road #12-05 Soumpwm Singapore 0208 Tat *****11 Tele« RS ***** taWUBMN TERMINALCFS T«t *****18 *****19 *****20 FOR CUSTOMER SERVICE iNQuifllES ASO BOOKINGS T« *****301 PESAKA JAAOINC SHIPPING AGENCIES SOU IHO PORT KELANG T« *****11 Tdw MA *****/ MA ***** PENANG
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      Page 23 Advertisements Column 2
      103 23 mm BUREAU VERITAS has just published the rules applicable to stainless steel intended for chemical tankers. Page II THE AUSTRALIAN CHAMBER of Shipping plans to introduce a surcharge in Brisbane and Sydney to counter long delays in moving goods out of the waterfront in the two ports. Page 111 DR
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      Page 23 Advertisements Column 3
      681 23 -°^v TIMES STP Distributors Croup I MAERSK LINE TA FTD S*n«tpo(t This »m> le.se M CkMing Tim* CV 12/12 2300 MRS CFS 13/12 1300 MRS LEISE M 8902 13 12 LARS M 890: 20/12 LAURA M 9902 27/12 REGINA M 8902 3/1 LEXA M 8002 I(VI MCKINN6V M BSO2 17/1
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      590 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON KAMAKURA LARGS BAY MEONIA VILLE DE BORDEAUX TOKYO BAY HAMBURG BREMERHAVEN 31/12 ROTTERDAM'! ANTWERP CONV/SEMI-CONTAINER SERVICE TO MED EUROPE BREMERMA' TA CASABLANCA LEIXOES BILBAO AMSTEROAMI HAMBURG HAVEN Agents: Singapore *****00 Bookings *****08 CFS *****48 K. Lumpur *****25* P. Kelang *****18 CFS
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      Page 24 Advertisements Column 2
      114 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association. We've tied up two of Koreas biggest lines. (And launched a new, world-wide shipping service.) Hanjin Shipping Company Ltd. equipment all put together with The new company becomes one the will to be
      114 words
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      Page 24 Advertisements Column 3
      560 24 CSAV Corrpjnu Sud Amcncjnj tic Vjpcrcs S A 0< Ojn 11nc SERVICE TO/FROM CHILE FEEDER VESSEL CSAV 1 CSAV 2 CSAV 3 SPOtE 12 12 mii tn MOTHER VESSEL HK TOKO MICA tQQ ANTOFVALP SAI CAR CARRIER 1 AT AC AHA A VESSEL 22/12 21/1 12/2 ff r CARGO FOR
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1132 25 CONTAINER SERVICE TO UK/CONTINENT: CONTAINER SHIP SERVICES TO/FROM BANGKOK PEGASUS PROGRESS VSSON 10 U Dtt 14 IS D«c PEGASUS PIONEER VIIN 14 15 Ok 11-19 Dec BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO SABAH. SARAWAK AND BRUNEI Also Accepting Cargo For: Hamburg lo Copenhagen Aarhuv Gothenburg Maimo Stockholm
      1,132 words
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      7 25 CALL I I (ANYTIME) MANAGEMENT every Monday
      7 words
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      Page 25 Advertisements Column 3
      64 25 EUROPE DUTCH SENATOR KOREAN SENATOR GERMAN SENATOR TAIWAN SENATOR USA/PANAMA LOAD I DISCHARGE OA* TsO~~TCRS TJAX ]WL I PHI 1012 OS.OI 07 01 ill 01 20 01 22 01 2401 25 1 2 21 01 22 01 30 01 04 12 MO2 0082 07 01 02 02 04 02 13
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  • Page 26 Advertisements
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      558 26 IHSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES Singapore Loading tor IRAN MAHALLATI PJLttt SID BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA HIBISCUS V 34 KYOWA VIOLET V 23 LOAO FOR VILA. NMA. LTK. SUVA. PAGO APIA VILA. NMA LTK SUVA. PAGO APIA CUAM/BAIPAN SERVICE
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      Page 26 Advertisements Column 2
      909 26 HANJIN SHIPPING CO., LTD FULLY CONTAINERISED SERVICE ITO EUROPE VIA SUEi A of th« Act Consortium OUTBOUND SERVICE TCM^^HCANADA NUMBER BRIOCE IN KOREAN JACEWON 66W QUEEN S MAY BRIDGE 6W SEVEN SEAS BRIOCE WW KOREAN CHANCE «W NUMBER BRIOCE 1W To: PACIFIC SOUTH WFST StN Tl% POUT lINC HAUL 11/12
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      Page 26 Advertisements Column 3
      69 26 INDIA STEAMSHIP FORTNIGHTLY EXPRESS CONTAINER SERVICE TO INDIA SRI LANKA Sufepct to inducement Agents SHARIKAT TRANS-ORIENT SDN. BHO. SINGAPORE *****10, *****56 PORT KELANG: *****94/5 LIN LIN SHIPPING PTE. LTD. 1 Hi|4;>nc Rwa Irfft 01 Central Buildm| Sinftpoft 01(h Tel U3NI4 t SUH27 WEEKi* SERVICE S POPE '0 KUCHI*G SiBU SARwE'
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      Page 26 Advertisements Column 4
      331 26 I CIB l Tit i PH a I i EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST FAR EAST/RED SEA/MEDITERRANEAN ALSO ACCEPTING CARGO TO 1) LAS P ALMAS TENERIFE. LISBON VIA VLC. 2) PIRAEUS THESSALONIKI ISTANBUL VIA LHASSOL MED/RED SEA/F.E. Spore 1 RTW
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      Page 27 Advertisements Column 1
      819 27 VTA PACIFIC INTERNATIONAL LINES AV\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 VESSEL OOWA MAI QUAMG MAJAPAHIT VOY SIN JKT 3358 SM In Pt 03SB 17/12 It/12 31SB 31/12 3/1 FAR EAST CONTAINER SERVICE ACCEPTING MURUR AN/TOM AKOMAI/HfTACMI CARGO VIA HKG SIN HKG KAO KEE YOK NGO
      819 words
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      Page 27 Advertisements Column 2
      243 27 CHINA OCEAN SHIPPING COMPANY cos CO ukc cowvnmowAi iuvict KK PCD P Klf Penang Loading tor na!£ rlnil In Pt Rotterdam Antwerp iIANC CHUAN 25/12 Rotterdam, Antwerp MALATMA/CmMA FULL CONTAIN!* WMVICE Penang Pklg Spore B»> Hk| Shai Qingdao E CHENG S3 4/12 5/12 Vl2 10/12 14/12 Accepting FCI Cargo for
      243 words
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      Page 27 Advertisements Column 3
      612 27 T ;e BEN LINE CONTAINERS I EXPRESS CONTAINER SERVICE TO UK/CONTINENT City of tdinfeurgft KjmaAurj Lvp Bit M*ona V>IK 0* lorfeMi To»»o Bj, London (iprm Cardigan fca, EXPRESS CONTAINER SERVICE FROM UK/CONTINENT To».. a, c*!L f D K l STWI p W-AWG S «>« J 4 1- Sa'« VU M*U
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      Page 27 Advertisements Column 4
      466 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLO EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S PORE ANTWERP H BUR RDAM/ADAM BREME 25-27/12 23/1 26/1 9 12/1 5/2 10/2 24-27/1 23/2 26/2 L.J BONTANG/16WB SRIWIJAYA ?SWB KUTAI/16WB Subject to Inducement.
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      Page 27 Advertisements Column 5
      416 27 Page V BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) S pore pi HTONEYWA V24OW 12/14 D«c PA-AN VI3IW JO Nov'6 Dec PAGAN Vi 3« IVlToi Loading for Rangoon P Kelang Penang Bangkok BANK LINE SEMI-CONTAINER SERVIfF HEAVYnn ITY NORTHBOUND TO UKC TAMAITAI SAMOA VI4N FORTHBANK V23N
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      671 28 Klinb KAWASAKI KISEN KAISHA, LTD. ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE N. AMERICA-ATLANTIC COAST VOV *INDO •PK/PNG 6/12 14/12 21/12 28/12 ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE VOY LB 11 29/10 SGP 'PK/PNG *INDO 1/12 10/12 11/12 15/12 17/12 11/12 22/12 24/12 26/12 29/12 31/12 1/1
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      Page 28 Advertisements Column 2
      340 28 nsazaEEisa Accepting LCL and contalrvarlMd cargo** Dtract to South Africa VAAL 6739f VENTO 1004F NEDLLOYD COLOMBO U3BF OSAKA MARU 6943F Jmrd JARDINE SHIPPING AGENCIES (REG *****4/ OOK) 200 CANTONMENT ROAD #12 05 SOUTHPOINT. SINGAPORE 0206 TH *****11 TELEX NO RS ***** TERMINAL/CFS Tel *****18 220 BOOKINGS Tel *****34 235 DOIUGIUAMA
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      Page 28 Advertisements Column 3
      692 28 /M AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contalnara Singapore P AHang Penang Loading tar Motn*r M B> Faeder B* Feeder KALI DAS *40 3 111 26 Dec 26 Dk Fr»«n MM Syfln Adel TULSIDAS* 39 31 Jen 24 Jen Jin fr«m IMb Sydn AM KAL'DAS Ml 2 Mi, 24 r«fc
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      Page 28 Advertisements Column 4
      586 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD T#ioi Am SINGAPORE 0104 Til UUW (1* LINES) Fai U4WX STRAITS/PERSIAN GULF SERVICE Spce p.™ GOLDEN HAVIN Catombo Karachi Dub* o*mm*r In Port GOLDEN BEAR Cokynbc Kwicth Out*. 20 22 D«c CHINA SERVICE A VESSEL Huangpu Shmjtu 20/21 o*c GOCHINA OCEAN SHIPPING CO..
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      Page 28 Advertisements Column 5
      398 28 iimaa, weanesaay, uecenioer 1900 PHIU-OnifNT LINCS PTf LTD HEAO OFFICE 63 ROIINSON ROAO -07 1? fa AFRO ASIA BUILDING SINGAPORE 0106 TELE* RS ***** PHILI FA* ??***** EAST/FA* EAST Fa ft LCI SBMCE ETA SINGAPORE DCSTINATION 14/12. 17/12 24/12 31 12 ■11 JEDDAH (LCL) WEEKLY AQABA HODCIOAM 10a2. 16/12 20/12.
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      Page 29 Advertisements Column 1
      836 29 \\NEPTUNE ORIENT LINES LTD g£- 52£ FUR EAST/EUROPE FUUY CONTAINERISED SERVCE a c ACE Consortium NEPTUNE AGENCIES PTE LTD FE EUAUST TPA/SEA General Enquiries Tel: 278W77 as- 800 sss iss NEPLINE SON BHD 36M87 imMo'oU^M NEPLINE SDN BHD *****33 ENQUIRIES *****44 NEPLINE SON BHD *****V627W062*61'627tt2 NEPLINE SDN BHD 23R04U23UM1 Penang
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      Page 29 Advertisements Column 2
      479 29 STRAITS/KOREA SERVICE Vessel s Name ITD BS S PORE PKIC KEE BUSAN MOJI NO I OONAM HON OS/12 17 H/12 24 25/12 W ***** <*101 PN 21 21/12 «DRAGNET 804N 11/12 24 25,12 23 23/12 02 02-01 01 9/1 NO 9DN/IIIN IH2 21-31/12 12/1 9 9/1 12 14/1 14/1 GLORIA
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      Page 29 Advertisements Column 3
      767 29 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 ***** PENANG P KELANG MESSRS HAI THONG SHIPPING 127 Penary Street. Penang. Malaysia M S HANDLING SYSTEM CO
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      Page 30 Advertisements Column 1
      315 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 Lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA RS ***** A B SSCAD r DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK < u INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -Vl* LARMCA ACCEPTING CAACO FOR IWASSOL, BEIRUT.
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      Page 30 Advertisements Column 2
      100 30 T.S.K. line: WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN ■gjgj^jgggggTjggjggjgjTjgjTii HMBMffIMffIBEIEI E&IQaBElElQQIBiBIISI HflSlKdimE9Eß^B^9^9^3 CONTINENT Vli HERMES ACE Vli KABUKI Vli S ACCOSD vi; CONTINENT Vl7 •Weekly LCL services to Kiohsiung. Keelung. Tokyo and Kobe FROM JAPAN TAIWAN HERMCS ACE Vl6 KABUKI ¥16 S ACCORD Vl7 CONTINENT ¥17
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      Page 30 Advertisements Column 3
      144 30 lIMPORTANT NOTICE Panamanian Registered Vessels The Ministry of Finance, State Department for Consular AfTairs and Shipping, of the Republic of Panama under Resolution No. 601-081-CN, "Panamanian Register Vessels" Notice Law "2" of 1980, states:That any activity involving ships registered with the Merchant Navy of Panama such as ships registration, ships
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      Page 31 Advertisements Column 1
      824 31 sM>FARGO shipping Tel: 224 QISS DESTINATION BANGKOK PORT KELANG. PENANG (FCL) KEELUNG. KAOHSIUNG JAKARTA (FCL) TOKYO. KOBE. BUSAN (FCL) ETA SINGAPORE JARU BHUM 18N l PIYA BHUM IS7N l SIRI BHUM 392N l BUNGA BUTANG 504 l KITI BHUM 236N l 12/12. 21/12 13/12, 19/12. 26/12. 2/1 11/12, 18/12. 25/12,
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      Page 31 Advertisements Column 2
      299 31 LCL CONSOLIDATION TO> KEELUNG/KAOSHIUNG HONGKONG/CHINA BUSAN MANILA TOKYO/KOBE COLOMBO/BOMBAY FELIXSTOWE/LONDON HAMBURG/ROTTERDAM BANGKOK JAKARTA 11/12 11/12 16/12 18/12 13/12 12/12 8/12 8/12 9/12 14/12 (FULLY CONVENTIONAL) VESSEL ETA SIN TBN 25.12.88 CHITTAGONG CALCUTTA/KAOSHIUNG f Special TWIN 25 TON HEAVYLIFT TEL: *****66 (16 Lines) Tlx: ***** CSPFRT Fax: *****61 Hamburg West Germany
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      711 31 <cfb> CRYSTAL FREIGHT SERVICES CRYSTAL WEEKLY CONSOL SERVICES U.S.A. LOS ANGELES 15/12/88 AUSTRALIA MELBOURNE/SYDNEY 13/12/88 "far east" BUSAN 11/12 BANGKOK 9/12 HONG KONG 11/12 KEE/KAOH 13/12 CALL BOOKING HOTLINE FOR BEST RATES 2233 9 2 2 TEL *****88 TELEX ***** CFSIN FAX *****88 ta. PLUSCOL WENATIOIVAL PTE LTD TEL: 223
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      148 31 0 Tatsumi Marine DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) I Direct call to other ports sub/ect to inducement (also accepting transhipment cargo OROBAY MADANG KtETA WFWAK KIMBE RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Tel: *****77, *****34, *****71 «EP. OFFICE: W MARINE SERVICES FTL LTD. (fTOK) TIL
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      Page 31 Advertisements Column 5
      339 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 cn a n i IJ—mV OJJJI J —JI «i g fUJjj Algerian National Line FAR EAST I MEDITERRANEAN SERVICE S PORE LOADING FOR MV BISKRA 25/12 ALGIERS, ORAN, ANNABA. TUNIS MV BEL ABBES 10/1 JAPAN ALL VESSELS
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      Page 32 Advertisements Column 1
      540 32 m FINE-LINER SHIPPING PTE LTD /O Shenton Way. 04 02C Marin3 House, S pore 0207 TEL *****77 (8 Lines) TLX RS ***** FLINER FAX *****56 EUROPE SERVICE (FCL LCL) FAR EAST SERVICE (FCL LCL) MIDDLE EAST SERVICE (FCL LCL) SWt |HQ Out SMJ *06 KNT BAH DOM >«iu 21 u
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      Page 32 Advertisements Column 2
      749 32 ZIM FULL CONTAINER SERVICE Kteptinj FCL LCI cargoes to USA E«t t West Cojit Cjrnbbein Ejjt Canada HAITI Cojta Rica El Salvador Guatemala Honduras Venezuela Peru Ecuador Colombia via Miami Trinidad Barbados Antigua S» Lucia Montscrrat Guayana via Kingston IM KEELUNC IM NEW YORK IM KEELUNC IM IBERIA tM IBERIA
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      Page 32 Advertisements Column 3
      428 32 Everett Lines CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penanf* P Kelang* Singapore ROSEEVERETT 15/16 Dec MANOIOEVERETT 19/21 Dec JOHNEVERETT 25/27 Qec WEV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA. KOBE. NAGOYA, MOJI, TOKYO* AND OTHER JAPAN PORTS* ALSO ACCEPTING CARGOES TO PUSAN* HONGKONG*, DAVAO* AND TO
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      Page 33 Advertisements Column 1
      442 33 Seabrfctafe INTERCONTINENTAL LINES lEEZ3I S GOLUBKINA V2O-88W 26/12/88 HUNGARY. POUND. ROMANIA. ISTANBUL. E. BERLIN BULGARIA. AUSTRIA. YUGO. CZECH, t ALL Y. MAKSAREV V2l 4/U» INLAND PORTS SEABHIQ6E EUROPE 6 SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM. RTM. L. HAVRE. ANT. GENOA. ARAHUS. STOCKHOLM. HEL CPH.
      442 words
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      Page 33 Advertisements Column 2
      251 33 Consolidation Service PAPUA NEW GUINEA SIN: 18/12 PT MORESBY/LAE PACIFIC ISLANDS SIN: 23/12 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLANDS SIN: 26/12, 28/12 PORT LOUIS/REUNION 0 TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ CONSOLIDATING FOR NOUMEA/PORT VILA/PAPEETE SIN 7 12.88 to 30.1.1 712.88 to 30.1.1 DESTINATION
      251 words
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      Page 33 Advertisements Column 3
      533 33 TEL: 733*411 FAX: *****47 TELEX: R8 2041* SKHST LCL/FCL SERVICE ALSO ACCEPTING CARGO TO E MALAYSIA. BRUNEI. EUROPE. USA CANADA LUCKY SEAWAY SERVICES PTE LTD Tlx: ***** Fax: *****77 H FOOK T.I SHAN ASEAN/CHINA SERVICES SCP P KLANC P CUDANC KTN FOR }*H NK/HAIKOU/HUANGPU IVI2 SHANGHAI/XINGGANC COLOMBO SERVICE TO/FROM SCP
      533 words
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      Page 33 Advertisements Column 4
      568 33 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENAMG •AT ATTRACTIVE RATES" GLORY StLATAN VI Voy 17 U7 PKL PN BID MOM I Dec 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKER! > ON REGULAR LINER SERVICE FROM TAIW AN
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      Page 33 Advertisements Column 5
      442 33 SIN FAI EAST 11/12 KEELUN* j/KAOHSIUNG 9/12 BANGKOK 10/12 MANIL/t 10/12 JAKAR" 1 i*A 10/12 PORT I 4ELANG/PENANG 9/12 BUSAN 11/12 TOKY' J/YOKO/KOBE 10/12 HONG i KONG also accepting cargo to Hu? ,ngpu/Shenzhen/Fiizt>ou/ Xiame n/ Xmgang/Shanghai SM HfIPEJK 11/12 RDN/HAM/ANT/LE HAVRE/GENOA 11/12 LD N/FLX/LVP/SOU SI WJk/UMU 11/12 L.A ./NYC/SFO 14/12
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      465 34 I// Hai Sun Hup CoyPite) Ltd TEL *****06 (20 Lines, TLX US %206 i RS ***** ft. 1 s IK\ \K I 11 1) STRUTS/ JAPAN/ STRAIT}! SERVICE SPECIALIST IN RO-R0 HiEAVY LIFT! Hong Kong Yt kohar na Natfoya 3/1 Osaka 1/1 Senboku Funabashi •For Discharging Only NOTE A LSO
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      440 34 w COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEM-COWTAfCP SERVICE TO ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE COLUMBIJS NIUGINI V2S 18/12 Port Moresby. Lae. Rabaul TAYBANI V6S 2/1 Port Moresby. Lae. Rabaul. Kimbe Accepting I.CL cargo for main ports discharge and also to Wewak. Kavieng, Alotau, Kieta, Honiara
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      364 34 tak. P.T. MASKAPAI PELAYARA W* PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY Fl2<£B DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA I THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 VSL PUL ADIL MANDIRI PUL ADIL
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      Page 34 Advertisements Column 4
      790 34 MlMffi CALL US AT: P KELANG PENANG J. BAHRU P GUOANG SINGAPORE K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER SINGAPORE I LEHAftVE *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 li.i'nu.n" ip!M"T.MB-'.WM 1 I'].!! B SUBIA SILANDIA B KMMI OTHER DESTINATIONS AARMUS AMSTERDAM. ANTWERP. BASLE
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