The Business Times, 22 December 1988

Total Pages: 30
1 30 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, DECEMBER 22, 1988 75 CENTS
    11 words
  • 247 1 AP Dow Jones lower WALL STREET stocks were lower early yesterday following a decline the day before after gains earlier and in the two previous sessions. Brokers said some profit-taking continued, though some thought heavy sideline cash would bring on further buying later. The Dow was off
    AP  -  247 words
  • 552 1  -  OPERATING PROFIT RISES TO $347 m By BOEY KIT YIN TELECOMS, a major government body due for privatisation, has turned in financial results that dwarf those of all but a handful of the largest companies in Singapore In the year ended March 31, 1988, Telecoms
    552 words
  • 405 1  -  By ZHOU MEI Economics Correspondent INVESTORS, reflecting the buoyant economic mood, are set to commit $2 billion in investments in Singapore this year. This is the highest ever such figure, and surpasses the Economic Development Board (EDB) expectation that the
    405 words
  • 482 1  -  By MARTIN SOONG SINGAPORE has one of the highest literacy rates in the world, but Singaporeans do not read enough. According to the Committee on Literary Art's report the last of four released by the Advisory Council on Culture and
    482 words
  • 129 1 AFP JAPAN topped the United States in annual per capita gross domestic product (GDP) for the first time in 1987 but still ranked second in national total, said the Japanese Economic Planning Agency. The government agency also said on Tuesday the price of
    AFP  -  129 words
  • 528 1 AFP Reuter THE NEW ZEALAND government yesterday announced the sale of two state businesses, Air New Zealand Ltd and Post Office Bank Ltd, for a total of NZ$l.32 billion (551.62 billion). But it has decided to keep its 84 per cent shareholding
    AFP; Reuter  -  528 words
  • Page 1 Advertisements
    • 134 1 Cassette Receiver K2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore Phone *****33 Kuala Lumpur Phone *****33 Penang *****5 *****! Jakarta Phone *****5 $LOOO,OOO 88 cash prizes must be won with OUB's Housing Loan "DM Low Rates Free Legal Fees Free Valuation No Processing Fees Up to 100% Financing. Bridging
      134 words
    • 280 1 Ad account tussle AN ADVERTISING firm has emerged as the most likely winner of one of the most coveted accounts in Singapore. We also take an inside look at the business tie-up of the year the joint venture between Burson-Marsteller and Dentsu. See Advertising on Marketing on Page 3. Still
      280 words
    • 106 1 Rofistoch ility before your eyes Bubbly bounty at stake IT S CHAMPAGNE TIME again for the best wordsmiths in town. BT's traditional Christmas Crosswords contest will be published this Saturday in Executive Lifestyle. First prize is a six-litre bottle of Laurent Perrier that will more than liven any party. Consolation
      106 words

  • HOME NEWS
    • 403 2  -  By ANNA TEO JAPANESE electronics supplier Kobe Lead Frame Singapore (KLFS) is doubling its investment and production in the new year to meet projected business increases. And to break even. The company, a whollyowned subsidiary of Kobe Steel, has outperformed its production and sales targets
      403 words
    • 182 2 MARKET LEADER Shell yesterday raised its posted prices for petrol by three US cents across the board, signalling that an increase at the pumps is likely to follow. Wholesale prices for Shell's premium grade 97 octane petrol went up to 55.5 US cents per
      182 words
    • 321 2 Hotel labour where the squeeze is tightest HOTELS in Singapore are feeling the labour squeeze worst on the ground floor. According to a recent Singapore Hotel Association survey, the majority of hotels were hit hardest at the rank-and-file level. They were trying to recruit staff like coffeehouse waiters and room
      321 words
    • 241 2  -  By LEE HAN SHIH MR EDMUND TIE. who a few years ago became the first Singaporean to head the local branch of international property consultant Jones Lang Wootton, is moving up another rung on Jan 1 next year. He will become a regional director
      241 words
    • 132 2 SINGAPORE is hosting a dinner tonight in honour of Mrs Jane Denny, the cherubic 28-year-old Australian teacher who became the four millionth visitor to land in Singapore on Tuesday. A Singapore Tourist Promotion Board statement yesterday said director Joseph Chew will be hosting
      132 words
    • 561 2 Seminars and Courses 1 CEG CAHNERS EXPOSITION GROUP Tel *****13 Tlx RS ***** CEGSP Fax *****66 Dec 28 ond 29 Jon 4-11 •89 Jon 9 and 10 89 Jon 9 ond 10 89 Jon 11 ond 12 '89 Jan 12 and 13 '89 Jan 24 •89 Jan 30
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  • Page 2 Advertisements
    • 200 2 ®SSB 5^ THE STEAK HOUSE IN A HOTEL WITHOUT HOTEL PRICES Enjoy the ambience of a hotel with sheltered multi-storey Car-park and great steak without the usual hotel pricing, only at Jack's Hotel Miramar. 3 Great Choice at 3 Great Prices 5 COURSE SET DINNER Appetiser Prawn Cocktail Soup Of
      200 words
  • Page 2 Miscellaneous

  • ADVERTISING & MARKETING
    • 414 3  -  By LEE HAN SHIH THE LEVEL of hotel room rates in a country is only one of the decisive factors in promoting a country as a tourism destination, said the Singapore Hotel Association (SHA). In the latest issue of its newsletter,
      414 words
    • 462 3 BURSON-MARSTELLER (BM), the world's second largest public relations agency, and Dentsu, the world s largest advertising agency, are forming two joint ventures to provide public relations services to western clients in Japan and to Japanese clients in the United States. The partnerships, both
      462 words
    • 244 3 USE FESTIVE seals on to your greeting cards or presents and help the unfortunate at the same time. You could even be doing yourself a favour. That call came from Mr Ole Dyrhauge, chairman of the Charity Seals Committee, set up by the Community Chest
      244 words
    • 233 3 ROWLAND Worldwide Inc, the public relations subsidiary of Saatchi Saatchi, yesterday announced the acquisition of Comark Europe S A, one of the leading public relations consultancies in Brussels. In announcing the acquisition in New York, Herbert L Rowland, chief executive office of the group,
      233 words
    • 168 3 TOMORROW NIGHT, someone will become the new proud owner of a 1970 Morris Hard Top vintage car. This, among other prizes such as a return ticket to Istanbul, courtesy of Singapore Airlines, and cameras, will be won during the Adßall 88 to be held at
      168 words
    • 497 3  - Adcom Grey tipped to clinch ministry deal Family Life Education account estimated at $1.4 m By JOHN TAN ADCOM GREY is emerging as the likely winner in the chase for one of the most coveted deals in Singapore the Ministry of Health's Family Life Education account, estimated to be worth
      497 words
  • Page 3 Advertisements
    • 10 3 M anagers ust anage BT shows you how every Monday.
      10 words
    • 49 3 ORFfcVRES A PARIS S. T. Dupont Distribution Pte Ltd A Member of the DIC KhON Group ot Companies 4(K) Orchard Road, #24-07 Orchard Towers, Singapore 0923. Tel: *****22 (8 lines) Tlx: ***** DTRDG Fax: *****33 Available at ST Dupont Corner at Galeries Lafayette, leading Department Stores and Authorised Dealers.
      49 words

  • 751 4 ARRIVALS Operator Sorvlco Local From number tlm« GU GA884 1235 CGK SU SQ83 1245 MM. su SO 203 1300 CGK SU SQ107 1305 Kid RAW BA011 1325 LHR/BAH SU SQ1 1330 SFO/HNl/HKG SU SQ109 1405 KUL SU SQ455 1410 IWN THA TG405 1420 BKK/HKT GU GA962 1435
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  • ASIA – PACIFIC
    • 517 4 AFP NEW ZEALAND Prime Minister David Lange said in Wellington yesterday that he had won a leadership challenge mounted by his former Finance Minister Roger Douglas. He s«id the result of the secret ballot of Labour Party MPs at their final caucus meeting
      AFP  -  517 words
    • 198 4 AFP VIETNAMESE Finance Minister Hoang Qui has told the National Assembly currently meeting in Hanoi that the country's tax system has shown "many weaknesses" and needs to be "completely revamped." according to the official Vietnam News Agency (VNA). The minister was echoing VicePremier Vo Van
      AFP  -  198 words
    • 319 4 AFP THE UNITED STATES should play a strong supporting role in Indochina, given Vietnam's pledge to withdraw its troops from Cambodia and the warming of Sino-Soviet ties, says a new study released in Washington. The report, prepared by a bipartisan group
      AFP  -  319 words
    • 191 4 AFP VIETNAM has "honoured its pledge" to withdraw 50.000 troops from Cambodia by the end of the year, Thai Foreign Minister Siddhi Sawetasila said yesterday. "I think the withdrawal was fully as specified. 50,000 troops, so Vietnam has honoured its pledge," he said. Hanoi promised earlier this
      AFP  -  191 words
    • 393 4 AP THE TINY South Pacific nation of Nauru, made almost uninhabitable by decades of phosphate mining, has called on three former colonial pow- ers to pay millions of dollars in com- M pensation to repair the landscape. >• Nauru President Hammer Deßoburt accepted the
      AP  -  393 words
  • Page 4 Advertisements
    • 429 4 Now "feu Have The Power. IHI Use it...and taste the sheer thrill of speed. The COMPAQ DESKPRO 3«6/20e delivers extra 386 power to people whose demanding needs have outgrown the capabilities of their 286 PCs. The COMPAQ DESKPRO 386/20e is a breakthrough in that it combines COMPAQ'S selling 20-MHz 386
      429 words

  • REST OF THE WORLD
    • 396 5 AP PRESIDENT-ELECT George Bush of the US, emphasising his opposition to tax increases, has appointed Republican Paul Laxalt and Democrat Thomas Ashley to a commission trying to put together a formula to reduce the budget deficit. Mr Laxalt, one-time governor of Nevada,
      AP  -  396 words
    • 247 5 AP BLACK AFRICAN nations are clashing with the United States, the Soviet Union, China, Britain and France over how much to spend for United Nations peacekeepers to oversee South Africa's withdrawal from Namibia, the continent's last colony. US Secretary of
      AP  -  247 words
    • 117 5 AFP THE ONLY non-white member of the South African Cabinet is to be dismissed following an official corruption investigation, President Pieter Botha said in a statement issued by his office in Pretoria on Tuesday. He said Abijand Rajbansi, the leader of the Indian house in
      AFP  -  117 words
    • 137 5 AP DEPENDING on your outlook, it's a nine-letter word for either frustration or fun. The crossword puzzle, which turned 75 yesterday, thrives because of those elements, experts say. It can be frustrating, for instance, to ponder what four-letter word matches the clue
      AP  -  137 words
    • 344 5 AP AMERICA'S first three regional centres were announced on Tuesday to help US companies get the new science they need to compete better against Japan and other trade rivals. "We've been winning the Nobel prizes and the Japanese have been winning the
      AP  -  344 words
    • 445 5 FT THE European Community's campaign to create a free single market looks set to take a leap forward. EC trade and industry ministers meeting in Brussels on Tuesday were expected to end some 15 barriers to free trade between member states. The accords,
      FT  -  445 words
    • 241 5 Reuter SOVIET EXPORTERS wound up their first trade show in the United States saying that they had won US$3OO million in contracts. Among the 54 contracts signed during the two-week trade show that ended on Tuesday, 50 were for export valued at US$265 million, Soviet officials
      Reuter  -  241 words
    • 78 5 AP THE TOP POLITICIANS In Britain find it hard to give a straight answer snd evade more than half the questions asked by interviewers, a psychologist said yesterday. Prime Minister Margaret Thatcher ducked 56 per cent of the questions put to her and Labor Party
      AP  -  78 words
  • Page 5 Advertisements
    • 329 5 'Tis the season to be jolly. Kick up your heels in fun and folly, Ring in the New Year, Bring in the good cheer!' Li n M ex? WK jl *i{.i L -> > r <WB-H c'jrCJD* s 1-3©!- If o» Vi\ T f:/^ x 1 N vi«r r&sr*' <\*XTf
      329 words
    • 112 5 Goldpfeil. This traditional name stands for highest quality all over the world. Our reputation began in Germany as early as 1856 when Ludwig Krumm began manufacturing cleverly designed and beautifully made purses and wallets for the Imperial Courts of Europe Today, connoisseurs of leather in more than 50 countries appreciate
      112 words
  • Page 5 Miscellaneous
    • 66 5 Doonesbury TRUSTEES MEETING MAS EXUUANT. ACQUISITIONS COMMITTEE FOR I A J0& WELL DONE 7 I HEAR 1 I HZARy HOOP AT THE SKULL ANPBONESMX THE SKULL OF MARTIN VANBUREN, V AV E2i* THE LAST ST!TIN6 VICE PRESIDENT V TO BE ELECTED PRESIDENT, MAKES A FfTTINO TRJBLTTE TO THERECENT TRIUMPH OF
      66 words

  • MONEY AND EXCHANGES
    • Article, Illustration
      1064 6 SINGAPORE: The US dollar closed sharply lower against major currencies mainly on selling by Japanese operators during an active session yesterday. Dealers said sentiment was somewhat affected by the downward revision in US third quarter GNP growth to 2.5 per cent from the 2.6 per cent reported earlier.
      1,064 words
    • 1399 6 CURRENCY FUTURES OPTIONS Wednesday, Dec 21, 1988 DEUTSCHE MARK (SI88EX) Jmm 88 caMa In M Jam mgh 188 pa* Lev Sae 54 55 56 57 58 59 60 I09A I7A 112 IS 4 2 548 1248 2 4 17 S3 120 208 52 F*» Htgh Mar Mgh 88 caMa
      1,399 words
  • Page 6 Advertisements
    • 160 6 v< W- v- $Xs v.; v "5 ''••■>' j-J. w, <".•'•* "v.v' n >%,> v> X" s Time passes all too quickly in Thai's new Royal Executive Class Lounge, Bangkok. Whiling away the time in transit becomes so much more pleasurable in Thai s neui Royal Executive Class transit lounge
      160 words

  • BANKING AND FINANCE
    • 202 7 ASIAN DOLLAR deposit rates closed slightly lower after a day of thin trading yesterday US$ OfFCR »id 7 doys 8 7/8 8 3/4 1 month 9 3/4 9 5/8 2 months 9 1/2 9 3/8 3 months 9 7/16 9 5/16 6 months 9 1/2 9 3/8
      202 words
    • 433 7 BA Futures MARCH Eurodollar futures opened seven ticks higher on Simex yesterday than the previous Simex close at 90.66 following a 0.3 per cent rise in US November CPI which eased concern of a near-term US discount rate hike. Trading was lethargic as market participants were sidelined ahead of
      BA Futures  -  433 words
    • 253 7 IMM foreign currency futures finished with sharp losses and near the day's lows on Tuesday. Pressure largely emanated from continued demand for dollars by corporations balancing their books at year end. November US Consumer price index and revised third-quarter US GNP, which were on the low end of expectations,
      253 words
    • 184 7 Gold futures on Dec 20, 1988 100 troy ounces. USS pef troy ounce Open High Low s«m« D«c 413 00 415.00 413 00 414 00 -0.40 Jon 90 415.30 -0.50 F#b 416.50 418 50 416.50 417.50 -0.50 Ape 422.40 ***** 421.00 423.00 -0.50 Jun 427 00 429.30 426.50 ***** -0
      184 words
    • 207 7 Reuter STERLING LENDING by UK clearing banks to the private sector rose an underlying £1.8 billion seasonally adjusted in November, compared with October's upward revised £2.8 billion increase, the Banking Information Service (BIS) said. Lending in November was well down on the sixmonthly average of
      Reuter  -  207 words
    • 99 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months A nu uirfu BY*****Z 23.03.89 3.95 3.90 4.00 3.85 0 nXXTTTra 1 ytor BY*****H 23.11.89 4.32 4.27 4.25 4.25 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate
      99 words
    • 60 7 THE OVERNIGHT rate on the Singapore money market rose 1/4 point to close at 5-1/4 per cent yesterday. Short term rates rose 1/16 point across the board. S$ interbank rates at the dose yesterday: Offer mo 0*m ntgto 3 1/4 l/« 1-men* 5 3/1* 3 3/16 2-nan* 3
      60 words
    • 104 7 Reuter JAPAN has taken the first tentative step on the long path towards the introduction of universal banking, a Finance Ministry committee source said. A committee of the ministry's Financial System Research Council met for the first time yesterday with representatives of the different
      Reuter  -  104 words
    • 222 7 Reuter JAPANESE BANKS hop« to switch the basis for setting their short-term prime lending rate to a basket of money market rates next year from the current fixed spread above the official discount rate, bankers said in Tokyo on Tuesday. Mitsubishi Bank Ltd is likely
      Reuter  -  222 words
  • Page 7 Advertisements
    • 105 7 The new Delirium• bracelet watch in 18-carat gold for ladies and men. A mere two point nine-five millimeters thin. Exquisitely engineered, perfectly integrated. Water-resistant. Available only at specially authorized watch retailers jewellers. Authorised Dealers: SINGAPORE: Asia Watch (Parkway Parade). Chew Cheong Watch Centre (Shaw Centre, Wisma Atria), Cortina Watch Centre
      105 words

  • COMMODITIES
    • 547 8 Reuter NYT GULF ARAB states holding 40 per cent of the world's oil reserves have pledged to support an Opec agreement to cut output and boost world oil prices. "There is total agreement to support the (Opec) accord and abide by it," Bahraini
      Reuter; NYT  -  547 words
    • 256 8 AFP SOUTH AFRICAN platinum analysts said on Monday that the sharp current drop in the price of platinum and shares in the metal was unjustified and would probably be reversed. They were reacting to an announcement from Ford Motor Company in Pittsburgh last week that
      AFP  -  256 words
    • 542 8 Reuter COFFEE FUTURES have soared over 12.0 US cents per lb since last Thursday on panic buying fuelled by supply worries. Analysts said that price firmness will continue through March when the peak consumption season ends. Shearson Lehman analyst Sandra Kaul said: "Many
      Reuter  -  542 words
    • 145 8 Reuter GAS, once the poor relation in Indonesia's oilfields, is becoming a major money spinner as the country's oil reserves begin to dry up. Since 1985. natural gas has been second only to oil as Indonesia's most profitable export and is expected
      Reuter  -  145 words
    • 91 8 Reuter CHINA IS BANNING the export of six scarce materials and limiting the export of 12 others from Jan 1, the nation's Ministry of Foreign Economic Relations and Trade said. The New China News Agency quoted a ministry statement as saying that the ban
      Reuter  -  91 words
    • 236 8 SOYBEAN FUTURES closed down seven to 3-3/4 cents per bushel on the Chicago Board of Trade on Tuesday in moderately light trade on reports of widespread rains across Brazil's soybean regions. Technical and psychological resistance seen around the US$B 00 per bushel level in January appears to
      236 words
    • 167 8 Telerate SENTIMENT for fuel oil remained (airly bearish in the Singapore market yesterday Players cited the increase in supply as the main fundamental reason for the bearishness Buy indications for CST-180 were still around the US$6B per tonne (cif/fob Sing) mark and a deal for 33,000
      Telerate  -  167 words
    • 327 8 HONGKONG: Gold closed firmer after the US dollar dropped sharply in Tokyo and closed easier in Hongkong yesterday. Bullion closed at US$4l4 30/80 an ounce, up from an opening here of 413 40/90 and New York's Tuesday close of 413 70/414 20 On the local market, gold rose
      327 words
    • 412 8 MALAYSIAN CRUDE PALM OIL FUTURES on the KLCE closed easier yesterday in moderate trading Prices were quoted higher in the morning but the market then eased in line with the lower overnight soybean futures closing in Chicago. Spot month January eased Ms 6 to M 5973 per tonne
      412 words
    • 157 8 LACK OF follow-through support saw the KLTM slip a cant to M 519.84 a kg yastarday and turnover fell to 96 tonnes from 105 on Tuesday. No rationing was detected. The ringgit's decline to a record low against the US dollar encouraged further buying at the lower levels
      157 words
    • 329 8 SINGAPORE: Rubber prices ended lower with January 1 RSS buyer quoted at 196.00 cents a kg yesterday, down three cents from Tuesday s close. Dealers said prices lost four cents in thin morning trade on some speculative selling in line with easier Japanese levels But they recovered about one
      329 words
    • 273 8 R AS prices In S cents/kg, FOB in be lei B NOON CLOSE Buyers Sellers Buyers Sellers bit 1 RSS Prompt 194.50 195.50N 194.00 195.00N bit 1 RSS Jon 88 196.00 197.00N 196.00 197.00N Int 1 RSS Feb 197.50 198.50N 197.00 1 98.00N lot 2 RSS OP
      273 words
    • 75 8 (canti/kg) JANUARY 1989 FEBRUARY 1989 (currant month) (forword month) RAS NOON NOON Ruy»o S*ll«r> kwycn Stttafi SS« 20 182.50 184.50 182.50 184.50 sse 50 180.50 182.50 180.50 182.50 MRELB tuy«n S*U*n tur*r» S*H*r> SMR CV 301.50 303.50N 303.50 305.50N SMI I 299.00 301.00N 301.00 303.00N SMS s
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    • 238 8 Chinese Produce Exchange Sellers' noon dosing prices on Dec 21 (SS/100 kg) Coconut oil Mk FOB 112.50 Old drum FOB 1 22.50 New drum FOB 1 26.50 Copra Mixed (loose) 65.50 sellers Pepper Muntofc white FOB NIW 715.00 Sarawak white FOB foq NIW 705.00 Sarawak special block FOB
      238 words
    • 276 8 London Commodity Exchange Buyer/Seller closing prices on Dec 20, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basil in-store London, sellers option CIF London Jon 1163/65 (1177/80) High/Low 1189/62 Mar 1181/82 (1186/88) High/Low 1204/1173 Soles (5679) Cocoa Dec 831/832 (815/817) High/Low 831/824 Mar 859/860 (847/848) High/Low 861/851
      276 words
  • Page 8 Advertisements
    • 206 8 TIME SQUEEZED. 1 K 7\ These days, time is a tyrant. Fast mov ing events and assignments demands competent man-power. Including the need to engage a reliable and experienced man-power supplies source. That's why more and more companies are turning to TC Personnel Services for all their man-power needs. Because
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  • Page 9 Advertisements
    • 203 9 Introducing ISDN. Now all lines lead to one. Stees?.. ■li rWJ"" V: X',\ «gjA W yHv'\ .< S2&** few if^, 3&C$ |p«iBj| lt*.'jL W"< aJP>\ SS&T'Sh. fiS3§fe |§P&--■S&K2&3 V KEEt'-fey: '> '/a-: "3* X^; < gII&MS ■t/jsnnM u*j^^Hl ••'< iMSSm WMM r J *> t v' t ■fitt US* '4Bc
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  • PERSPECTIVE
    • 405 10 THERE ARE TWO REASONS for congratulating Sri Lankan Prime Minister Ranasinghe Premadasa. First, he has won the presidential poll. Equally important, the administration he served under made it possible for the poll to be held The first victory is against opponents, principally former premier Sirimavo
      405 words
    • 1355 10  -  The Economic Development Board underwent major changes over the past three years following the 1985 economic recession. Economics Correspondent ZHOU MEI takes a closer look at the revamped EDB and interviews Mr Philip Yeo, whose first three-year term as EDB chairman ends this month. ZHOU MEI
      Source: Economic Development Board  -  1,355 words
    • 1045 10 SUSTAIN ABILITY and flexibility are two catch words often used by Singapore's economic planners these days. The vital role played by the manufacturing sector as a job creator can hardly be overstated Its ability to do so over the last couple of years has been remarkable
      1,045 words
    • 978 11  -  By BEN DOBBIN AP SOME OF THE younger pupils stifled yawns and fidgeted as the strains of a piano concerto by the school orchestra wafted through the assembly hall. Thus began another day at Rugby, where 730 youngsters are part of the latest
      AP  -  978 words
    • 1032 11  -  mzwrnfliw By SEAH CHIANG NEE IN ABOUT six years' time, all secondary schools in Singapore will have only one session a logical step towards improving the overall quality of education. More than 200,000 students will be affected. But this seemingly simple exercise will
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  • Page 10 Advertisements
    • 266 10 I i PL b -i '»r The Natural Splendour of West India The Beauty of India awaits you Come West to Bombay bustling metropolis, financial hub and India's Hollywood. Come West to Aurangabad. the seat of Mughal architecture The wondrous cave paintings at Ajanta Ellora still beautiful, through the ravages
      266 words
  • Page 10 Miscellaneous
    • 53 10 I Brigtowrßanlrftrfcre IS THPvT HPiRRidGES FOOD D&PaRTmeiNiT |Jot I'm HRVING F\ FtuM DC-LUXE Hfwei? fRi€.NDS Round FoR UKCTO ORD£R TtfC FOLUOu)\NG ONE. IZ4.ibTußKey. ONl£- PLUMP GOOSE. Pi BRPvCe. OF Pn£f\SPNTS F\ CRM"£ OF CMp I (v\pp I GN£ ON rov ROOOUNT, Nfyrpßßu-V > FiVC AMD To(l SECONDS > EVENING STANDARD
      53 words

  • Page 11 Advertisements
    • 519 11 m* 11 WW W WW ll -*L V«l; Wj Wj lid 11 m 1 11 SHIR I m You think we're crazy? You think we're really going to tell you how we got Tua Pui Kueh, the sixteen metre high Olympic Heavyweight Champion turkey up those narrow wooden stairs at
      519 words

  • LEISURE
    • 794 12 HOTEL INDUSTRY NYT A STAFF MEMBER at the new five-star Hilton International Hotel in Shanghai was officially detained and made to apologise publicly after slapping a guest. Sanitation inspectors imposed fines on the hotel for dirt in its kitchen. And the hotel got into a
      NYT  -  794 words
    • 524 13 YOUTH CULTURE The Economist WHEN THE LIST of Britain's most influential contributions to 20thcentury global culture is finally drawn up, "youth tribes" might well be near the top. The roll of honour is impressive teddy boys in the *****, mods and skinheads in the *****, punks in
      The Economist  -  524 words
    • 611 13 JOB-HUNTING IHT EXECUTIVES who have been laid off in London are going to acting school to learn poise, good posture and enunciation. Those who expect to be turned into a Jeremy Irons or a Meryl Streep might be disappointed, however. The coaching
      IHT  -  611 words
  • Page 12 Advertisements
    • 1052 12 BAEm Where to entertain. FASHIONABLY HYATT Join the fashion-conscious every Thursday (3.00 6.00 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at
      1,052 words
    • 154 12 Public p Western and Outtabo* thicken rice beef steak with oyster sauce* roast rib of beef carrot cake beryani rice nonya kueh mango pudding •fresh fruits chocolate mousse and much, much more! «L HAPPENING^ n/i Mil COFFEE GARDEN FESTIVE BUFFET LUNCH: 24th, 25th, 26th, 31st December 1988 Ist, 2nd January
      154 words

  • Page 13 Advertisements
    • 242 13 Every second's on-the-house! The Fountain Lounge is flowing with the good times Between 5 and 8 pm daily, for every drink you order you get your next FREE And bottle purchases are at 25% less there's no happier time to enjoy your favourite drinks and some of the best musical
      242 words
    • 31 13 The 'Creme dela creme' of Sherries Harveys Bristol Cream Sherry Famous the world over for its rieh, sweet and mellow flavour. Especially refreshing served chilled or with ice, for all occasions.
      31 words
  • Page 13 Miscellaneous
    • 634 13 CRYPTIC PUZZLE ACROSS t Are there marks where they've been kicked over?(6) f A place to get well in (8) J Odin's Italian name? (4) He changed course but got ship-wrecked (6) I Do holy ones leave no choice but to be good'' (6) I Group with a fixed membership?
      634 words
    • 1175 13 to aoe taasw) Picture of the year: 1961 ■LI 4 f f [x\ I ffl r i i i f THURSDAY FEATURE SPECIAL West Side Story 10.40pm, Channel 5 A gang of West Side Boys do battle with the neighbouring Puerto Ricans in this modern-day Romeo and Juliet movie set
      1,175 words

  • SPORTS
    • 207 14 AMERICAN FOOTBALL AFP CLEVELAND BROWNS star quarterback Bernie Kosar remains doubtful to start Saturday's wild card play-off against the Houston Oilers, but head coach Marty Schottenheimer is confident that Don Strock can do the job. Kosar, who sprained his left knee in a
      AFP  -  207 words
    • 482 14  -  GOLF By WALTON MORAIS MORE CLUBS should follow Warren Golf Club's example and organise national-level tournaments for juniors, said BT Editor Mano Sabnani at a presentation ceremony yesterday. This would help in the formation of a junior golf circuit, Mr Sabnani said when awarding
      482 words
    • 484 14 BASKETBALL AP ADRIAN DANTLEY scored nine of his 19 points in the first quarter as the Detroit Pistons took a big lead early and defeated the expansion Miami Heat 116-100 on Tuesday. Rory Sparrow led Miami with 23 points. The Heat scored the
      AP  -  484 words
    • 84 14 CRICKET Reuter DAVID CONSTANT, cricket's lon-gest-serving Test umpire, has been "rested'' for England's 1989 home series against Australia. But Test and County Cricket Board (TCCB) officials in London emphasised on Tuesday that Constant, who has not always been popular with touring teams, had not
      Reuter  -  84 words
    • 314 14 BOXING Reuter WORLD BOXING COUNCIL (WBC) middleweight champion Iran Barkley said on Tuesday that he will make Roberto Duran say "no mas" once again when he defends his title against the Panamanian on Feb 24 in Atlantic City. The 37-year-old Duran. who won his
      Reuter  -  314 words
    • 121 14 Reuter OLYMPIC heavyweight champion Ray Mercer, billed as the man who will take Mike Tyson's title away, led a quartet of Olympians into boxing's professional ranks on Tuesday. The four three gold and one silver medallist from the Seoul Games would make their professional debuts
      Reuter  -  121 words
    • 350 14 SWIMMING Reuter AMERICANS Bart Pippenger and Jim Harvey, who shared the honours in Monday s 100 m butterfly, raced in different events on Tuesday and both came out winners on the final day of the World Cup swimming meet in
      Reuter  -  350 words
    • 392 14 SKIING AP VRENI SCHNEIDER has captured the early spotlight in women's World Cup skiing with a winning pace reminiscent of the incredible streak posted by Italy's Alberto Tomba in the men's competition last year. The 24-year-old Swiss skier has scored straight wins in two World
      AP  -  392 words
    • 183 14 BASEBALL AP A SPORTS PUBLICATION says President Ronald Reagan may join the Los Angeles Dodgers baseball team board of directors after he leaves office, but the White House said on Monday that it is too soon to tell. "He has not considered any post-presidential matters
      AP  -  183 words
    • 633 14  -  Jranklif, speaking.... WALTON MORAIS I REMEMBER the encounter as it it happened only yesterday. There I was, as green a reporter as any you could find, meeting Malaysia's number one goalkeeper at the height of his talents. The year: 1981. The place: Kuala Lumpur. The setting:
      633 words
    • 632 14 BONDS, LOANS WARRANTS Company Esplry/ n Conversion period IfllOfMt Conversion term lor one ordinary mefcirWy date <%> peyebte CK Tong Wm *****990 Anytime to May 31. 1990 1 worront plus $2 25 cash Chuon Hup Wr»* 1991 Anytime on or after Mar 1987 1.6 warrants plus $1.60 cash until Dec
      632 words

  • COMPANIES & STOCK MARKETS
    • 372 15 mm™ By HOCK LOCK MEW SOMEWHERE in some sanctuary against extradition mopes a tycoon in self-exile who longs to return to Singapore for Christmas, if possible. He can't or daren't take the risk because of a warrant for his arrest issued
      372 words
    • 717 15 Current Ex Dale ToM lor Total tor payment (Me doee payable ■te year laet year A 1 S B 10% (bl Jon 6 Jon 20 Jon 31 10% 5% AMDI i%lb) Nov 24 Dec 8 Jon 9 Amol Steel 8%TE(bl OK 1 Dec 15 Jon X 8%TE 8%TE
      717 words
    • 210 15 LUM CHANG Holdings' renounceable rights issue of $34.51 million of loan stock with transferable subscription rights has been 95.4 per cent subscribed with $32.93 million in acceptances received. Excess applications amounted to $6.77 million. The total application is therefore $39.70 million which represents an
      210 words
    • 547 15  -  Times are leaner By FOO CHOY PENG A THREE- to four-month bonus. That's what most broking firms are giving to their employees this year. A random check showed that except for star performers who will get bigger rewards, most employees in the industry are getting
      547 words
    • 471 15  -  By MICHELLE OH CONTRARY TO market speculation. the majority shareholder of Hind Hotels has denied that his family intends to sell out. Yesterday, the market was rife with talk that Francis Siah, the former managing director of plastic bag maker Lamipak Industries, was
      471 words
    • 485 15 MBT HOT on the heels of Sa-bah-based Kretam Holdings' flotation, another company based outside Peninsular Malaysia Cement Manufacturers Sarawak (CMS) is seeking a listing on the Kuala Lumpur Stock Exchange (KLSE). The flotation involves the offer for sale of five million shares of Msl
      MBT  -  485 words
    • 250 15 UNKNOWN TO Inchcape Bhd, the Kuwait Investment Office (KIO) is a substantial shareholder of the company with an interest of 5.24 per cent. In a letter from the KlO's London office, addressed to Inchcape Bhd, it said it recently discovered that its
      250 words
    • 223 15 KING'S Hotel Lid's subsidiary. Trans Oil Pte Ltd, has bought another 33.000 shares in Apollo Enterprises. bringing its total stake in the latter to 15.62 per cent SINGAPORE AIRLINES Ltd's subsidiary. Tradewinds Pte Ltd. has increased its paid-up capital to $4 million, from $1 million. said an announcement
      223 words
    • SES
      • 1139 16  -  PlflSUfl by JOCELYN TOM HOTEL stocks took centre stage in an otherwise listless market, the second time in two weeks. This time, like the last, the trigger was the Hong Leong group's further accumulation of Apollo Enterprises Ltd shares from 14
        1,139 words
      • 113 16 KAMUNTING CORPORATION Berhad: 11th AGM at Penang Room. Shangri-La Hotel, No 11, Jalan Sultan Ismail, ***** Kuala Lumpur. today at 10.30 am. KUALA LUMPUR INDUSTRY Berhad: 25th AGM at 11th Floor, Wisma KLI, 126, Jalan Bukit Bintang, ***** Kuala Lumpur, today at 9.00 am. MALAYSIAN ASSURANCE ALLIANCE Berhad:
        113 words
      • 102 16 Company RIGHTS ISSUE General Corp Issue of (49.204.936 nominal amount of 8% Convertible Unsecured loan Stock 1988/93 on the bosis of $2 nominal omount of toon stocks for every five GCB shores or every $7 SO nominal omount of the 1982 89 loon stocks held Ex-dote: Dec 28
        102 words
      • 312 16 Company RIGHTS ISSUE C 1 Holdings 27 million loon stocks in the ratio of $3 loon stock tor every five ordinary shares held Causeway Inv lssu« of $7,252,937 nominal amount of 6% loon Stock 1989 *94 on the basis of $1 nominal amount of loon stock with two
        312 words
    • 5645 16 1« M Tel Laet Vol Day Last Ot »«e Dtv Dfv rid Net M Cap SmM UImK nign Low Code Company Sale cr('000) Ml raia nign Low Buyer S eller C*vr P/E DEC 21 SECTION ONE MDUSTRIAL ft COMMERCIAL 141 95 e 1000 Ac ma 106 unch
      5,645 words
    • KLSE
      • 3341 17 SHARE prices on the Kuala Lumpur Stock Market closed mixed yesterday as profit-takers emerged in the afternoon, paring earlier gains. Trading was moderate. The market open higher on spillover interest as operators discounted the 6.61-point decline on Wall Street where US analysts noted that interest rates
        3,341 words
    • REGIONAL MARKETS
      • 485 18 Reuter JAPANESE stockbrokers are artificially pumping up volume on the nation's two stock index futures markets to bolster their own prestige and possibly help out selected clients, index futures traders said. In a practice known in Japan as cross-trading, brokers both buy and sell
        Reuter  -  485 words
      • 209 18 Reuter STATE BANK Victoria (SBV). owned by the state government of Victoria, said it will bid A 51.65 a share for all ordinary stock in Australian Bank Ltd (ABL), valuing the unlisted bank at about As 92 million. The offer is conditional
        Reuter  -  209 words
      • 595 18 Tokyo Reuter TOKYO share prices staged a sudden sharp rally near the close yesterday, boosted by futures expiration-related buying, brokers said. The Nikkei Index rose 130.25 points, or 0.44 per cent, to close at 29,696 19. It stood 5.72 points lower about one hour before the close.
        Reuter  -  595 words
      • Article, Illustration
        523 18 Australia Reuter HIGHER METAL and oil prices drove up Australian share prices for the third day running yesterday, despite a fall on Wall Street overnight, brokers said. By the end of floor trading, the All Ordinaries Index had surged 17.4 points to 1.479.6. "It's a much healthier market."
        Reuter  -  523 words
      • 1399 18 Hongkong HONGKONG STOCKS finished stronger yesterday in thin trade marked by holiday languor. Brokers said the strong finish was prompted by expectations that today's government land auction would attract interest. They said there was also hope Christmas sales in the US would boost Hongkong
        1,399 words
      • 168 18 THE SECURITIES Exchange of Thailand Index fell 7.03 points to 362.16 yesterday on a turnover of DtC >1 BAHT +<• Ao Kham Thai 298 -8 Ayudhya invaatmant 29 25 -2 75 Bangkok Agro-tnd 91 4 Bangkok Bank 283 -2 Bank Of Ayudhya Charoong That Wtra A Cabia
        168 words
      • 160 18 Reuter SEOUL stock prices were little changed yesterday with early losses being recouped by late buying, brokers said. The market opened weak with the composite index shedding more than four points on pro-fit-taking in the first two hours of morning trading. But in the afternoon, investors seeking
        Reuter  -  160 words
      • 99 18 Reuter LIGHT PROFIT-TAKING in oils and minings pulled Manila share prices down as buying support in commercials/industrials failed to absorb overall losses. "You can't help but engage in profit-taking after your shares gain 15 to 20 per cent in the past days.*' said Jesus Cinco, assistant vice-president
        Reuter  -  99 words
      • 104 18 Reuter THE NEW ZEALAND share market closed little changed yesterday after a day of mixed trading and brokers expected it to continue in this vein before Christmas. The Barclays index eased 1.50 points to 1.837.39. Brokers said positive news included the reelection of David Lange to the
        Reuter  -  104 words
      • 465 18 Reuter TURNOVER WITHERED on the Taiwanese stock market yesterday as share prices dropped across the board and the index closed below the 5,000-point mark, dealers said. The weighted index dropped 233.35, or 4.5 per cent, to close at 4,960.77 compared with Tuesday's 5,214.12 finish. Turnover shrank
        Reuter  -  465 words
      • 162 18 Reuter SHARE PRICES on the Bombay stock exchange drifted lower to close mixed yesterday on widespread profit-taking, brokers said. They said the market opened higher on fresh buying by state institutions but ran out of steam in mid-session. Tata Steel gained 10 rupees to 1,055 after it
        Reuter  -  162 words
    • WORLD MARKETS
      • 843 19 New York Reuter WALL STREET stocks succumbed to profit-taking on Tuesday following a two-day advance. Blue chips softened in late trading after broader market indices failed to keep up, traders said. Some small sell programmes and higher oil prices also had a dampening effect. "We went
        Reuter  -  843 words
      • 964 19 London Reuter LEADING UK stock prices remained depressed at the official opening yesterday, but electronics and defence group Plessey resumed trading 8p up on Tuesday's suspension price at 218p, dealers said. Plessey shares were suspended ahead of the outcome of a UK high court ruling on
        Reuter  -  964 words
      • 1924 19 Reuter ZURICH: Swiss share prices ended little changed in very thin pre-Christmas trading yesterday. Dealers said Tuesday night's small decline on Wall Street made for a cautious attitude. The all-share Swiss index was almost unchanged at 920.2 points. Major banks edged lower where changed. Among medium-sized banks.
        Reuter  -  1,924 words
      • 61 19 FT NISSAN, the Japanese car maker, plans to establish a European headquarters in Amsterdam as part of efforts to strengthen its European activities in the run-up to 1992 Distribution facilities in the Netherlands also will be enlarged to prepare for growing demand, although current facilities could
        FT  -  61 words
      • 691 19 Company does not expect adverse effect NYT A FINDING by a California jury against the Shell Oil Co may influence similar suits involving pollution damage, parties in the case and in similar cases said. Shell's 250 insurers had argued that the oil company was
        NYT  -  691 words
      • 176 19 Reuter BRITAIN'S unit trust (mutual fund) industry is still in the doldrums more than a year after the global stock market crash, figures issued on Tuesday show. The Unit Trust Association said net new investment in unit trusts in November fell to £165.3
        Reuter  -  176 words
      • 474 19 AFP THE EUROPEAN Commission, the executive of the European Community, is ready to issue its long-awaited proposals aimed at bulldozing a "level playing-field'' for takeovers in the single EC market of 1993. The proposals are considered a vital plank of the internal market
        AFP  -  474 words
  • Page 15 Advertisements
    • 182 15 APPOINTMENT SUMITOMO LIFE Sumitomo Life Investment Singapore Limited, a subsidiary of Sumitomo Life Insurane Co. Japan and one of Japan's three largest life insurance companies ranking among the world's most influential instituitonal investors invites applications for the post of a JUNIOR MARKET ANALYST This is a newly created position. The
      182 words
    • 237 15 CURRENCY INVESTMENT AMERICAN KXPRKSS HANK TEL: 321 3333 CLEARANCE SALE OF QUALITY GERMAN CRYSTAL WARE Ashtrays, glasses, caketrays, condiment bowls plates, whisky and brandy decanters, butter dishes, jewellery, sugar, milk containers, vases punch bowls and jugs PRICES VERY MUCH BELOW IMPORT COST From 555.00 upwards Venue 60 Cecil Street Kwangtung
      237 words
  • Page 15 Miscellaneous
    • 31 15 2*x>% 7^"/ A&A//V/ssfUV7&S rV£~ "QME--o£l£*6*, M*. ££JWOO, C&r'fy&MOPCr/ /W£? sr&xssas o/zzevr. /gs/T/W/MZ ru? 6COPZ /CZSr&SCZA&S.. by Martell U£l£, 77/47*6 ££*7ft.w/ A t/Ai/ZfftC&fXS-UXV A WW ArrsruP£~, AWM*<Y £0 wAraae* 1 tsAssr?' xhW^
      31 words



  • Page 18 Advertisements
    • 722 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GAFFNEY CLINE ASSOCIATES (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 96, Robinson Road SIF Building 04-05
      722 words
    • 705 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF HANSEATIC INDUSTRIES PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 290 (1Kb)) At an Extraordinary General Meeting of the members of HANSEATIC INDUSTRIES PTE LTD duly convened and held at 50
      705 words
    • 347 18 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER SO) AND IN THE MATTER OF PEONY REALTY PTE LTD (Incorporated In the Republic of Singapore) (In Liquidation) Members' Voluntary Winding-up Notice i 8 hereby given pursuant to Section 308(2) of the Companies Act. Cap 50 that the Final Meeting of members
      347 words
    • 6 18 On target, Chart Point every Saturday
      6 words

  • Page 19 Advertisements
    • 180 19 FOR SALE WESTHAVEN MARINE CENTRE AUCKLAND NEW ZEALAND The Westhaven Marine Centre is located adjacent to the central business district and enjoys a prime waterfront position in Auckland, New Zealand, "The City of Sails". Westhaven Marine Centre represents an exciting concept combining a boating and marine facility, retail and support
      180 words

  • 522 20 AP INDIAN Prime Minister Rajiv Gandhi and Chinese leader Deng Xiaoping yesterday agreed to restore friendly ties between the two countries in spite of a long-standing border dispute. "Welcome, my young friend," the 84-year-old Chinese leader said to Mr Gandhi, 44, as
    AP  -  522 words
  • 484 20 AFP JAPANESE Foreign Minister Sousuke Uno said yesterday that a territorial dispute with Moscow would be an essential issue in negotiating a peace treaty, but that the Soviet position remained unchanged. He was speaking after a three-day visit to Tokyo by Soviet
    AFP  -  484 words
  • 166 20 Reuter SOVIET Foreign Minister Eduard Shevardnadze said the Soviet Union s recent trade arrangements with South Korea would not lead to full diplomatic relations. "We have adopted basic policies to set up non-governmental trade and economic relations with South Korea, but this does not mean we
    Reuter  -  166 words
  • 207 20 AP AFP CAMBODIAN guerilla leaders and South-east Asian officials met yesterday to discuss preparations for peace talks with Vietnam next February, a Thai newspaper reported Participants in the meeting in Bangkok evaluated the latest developments on the Cambodian issue, including Sino-Soviet contacts, The Nation
    AP; AFP  -  207 words
  • 310 20 AFP SOVIET Foreign Minister Eduard Shevardnadze issued a thinlyveiled attack on the Soviet military yesterday for resisting political decisions taken by the Soviet leadership. The minister, in a wide-rang-ing interview with the weekly Moscow News, notably said that the resistance was reflected by
    AFP  -  310 words
  • 421 20 Reuter AFP DEFEATED Sri Lankan presidential candidate Sirima Bandaranaike said yesterday she was challenging the election in the Supreme Court and warned that her supporters may take to the streets Mrs Bandaranaike. a former premier, said she should have won Monday's election
    Reuter; AFP  -  421 words
  • 340 20 AFP INDONESIA'S deregulation of its capital markets is a step in the right direction towards putting the economy on a sounder, more efficient footing, foreign bankers and businessmen said in Jakarta yesterday "These moves are very much in the right direction and
    AFP  -  340 words
  • 510 20  -  By DEXTER LEE INSURANCE COMPANIES Stand to lose up to about $2 million in annual premiums when the new ruling on guarantor eligibility for the $5,000 foreign maid bond takes effect from Jan 1. From that date, the Labour Ministry
    510 words
  • 99 20 UPI PRIME MINISTER Yitzhak Shamir, saying Israelis must stand united against international pressure for a Palestinian state, persuaded his rightist Likud party to vote yesterday in favour of a coalition government with the rival Labour party. At the end of a raucous sev-en-hour
    UPI  -  99 words
  • 89 20 Reuter COMEX GOLD futures rose in early dealings on commission house buying in sympathy with sharp gains in NYMEX platinum prices, traders said. February gold rose US$l.OO to U*****.50 an ounce. Platinum firmed on a statement by Johnson Matthey pic, the world s largest refiner, which tempered bearish
    Reuter  -  89 words
  • LATE FILE
    • 36 20 AFP JAPAN s ruling Liberal Democratic Party (LDP) rammed controversial tax Bills through an Upper House committee yesterday by stopping debate and forcing a show of hands amid protests from Opposition parties.
      AFP  -  36 words
    • 44 20 KIM Chon-ha, president of the South Korean National Olympic Committee, said yesterday that he was carefully studying a North Korean proposal to start talks to form a joint South-North Korean delegation for the 1990 Asian games in Beijing. UPI UPI
      44 words
    • 64 20 AFP THE PHILIPPINE Cabinet expects the economy to grow further in 1989 after its strong performance this year, Press Secretary Teodoro Benigno said in Manila yesterday. He said that the Cabinet, in its review of the economy, had "very, very bullish expectations in 1989", which is
      AFP  -  64 words
    • 32 20 Reuter PALESTINE Liberation Organisation chairman Yasser Arafat said in Belgrade yesterday that he hoped to see a Palestinian state in the occupied territories within two years. Reuter
      Reuter  -  32 words
    • 29 20 AP PRIME Minister Benazir Bhutto said in Islamabad that Pakistan does not have a nuclear weapon, and does not intend to make one. AP
      AP  -  29 words
    • 29 20 AFP The new boss of the Chi-nese-language edition of Playboy is planning its Taiwan launch in 1989, its present publisher Albert Cheng said in Hongkong yesterday.
      AFP  -  29 words
  • Page 20 Advertisements

  • SHIPPING TIMES
    • 370 21  -  By G DURAIRAJ A DRAMATIC INCREASE in container traffic at various Malaysian ports during the year has led to Malayan Railways taking a bigger role in freight transportation. The traditionally passenger-ori-ented railway boosted its earnings from freight transportation, which for the first time
      370 words
    • 265 21 Reuter SIR YUE-KONG PAO s World-Wide Shipping Agency Ltd group plans to expand its fleet after acquiring further substantial stakes in World Maritime Ltd and World Shipping and Investment Co Ltd from the Hongkong and Shanghai Banking Corp. The group, which now controls 65
      Reuter  -  265 words
    • 179 21 Reuter US CUSTOMS OFFICIALS on Tuesday seized 2,300 kg of cocaine hidden aboard a freighter in one of America's largest drug seizures that has netted about US$5O million worth of cocaine from ships entering the Miami River this month. Tuesday's seizure worth US$4O
      Reuter  -  179 words
    • 270 21 Reuter THE STRIKE which has shut Brazil's 12 major ports and is now in its eighth day is set to continue. A port workers' union spokesman said in Rio de Janeiro on Tuesday: "The government does not wish to negotiate. This could continue for
      Reuter  -  270 words
    • 1223 22 Striking a balance between costs and benefits Seatrade Business Review IT HAS BEEN well documented that fuel savings can be made by keeping a ship's hull smooth and barnacle-free. Even slight roughness can reduce speed and require vessels to go into dry dock more
      Seatrade Business Review  -  1,223 words
    • 776 22 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrons VII 3 Anro Service IV 2/3 ANl 1 »/2 A PC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Awards Shpg V 4 Bait-Canada line VII 4/5 Bait-Orient line
      776 words
    • 144 23 Seatrade Week JAPANESE SHIPBUILDERS are now suffering from a shortage of competent ship engineers In the past decade only 20 per cent of new graduates majoring in ship engineering have joined the industry, and this year only 38 out of 350. according to the Japan
      Seatrade Week  -  144 words
    • 246 23 Reuter OIL TANKER TONNAGE and combination carriers in lay-up, idle or under repair, including vessels inactive at port for two months or more, fell to 5.66 million dwt (41 ships) in the month to Dec 15 from 5.77 million dwt (45) as at
      Reuter  -  246 words
    • 570 23 Reuter INTERNATIONAL shipowners blame a shortage of qualified officers and inflexible British safety standards for a fall in Hongkong's gross registered tonnage. "There simply are not enough qualified officers around to man the ships any more." said Peter Gray, managing director of Jardine Shipmanagement Ltd. Crew
      Reuter  -  570 words
    • 74 23 Reuter TWO JAPANESE VESSELS, the Shinryu Maru and the Saibu Maru, collided off Namikata. near Imabari in south-western Japan last Sunday. Lloyd's Shipping Intelligence said. Fukada Salvage was carrying out temporary repairs to the 3.652-grt Shinryu Maru which was bound from Fukuyama for Onoda with a cargo
      Reuter  -  74 words
    • 266 23 ALL SURVEYS were conducted on Dec 5. Argentina Buenos Aires 35 vessels operating. Bahia Blanca Waiting time of up to 3 days. Australia All ports Normal operation. Bangladesh Chittagong 25 vessels operating. Brazil Santos 35 vessels operating. Rio de Janeiro 25 vessels operating Cameroon Douala Normal operation. Canada
      266 words
    • 1198 28 SCATTERED grain chartering is reported out of the US Gulf but other fixing was mainly confined to the timecharter sector on Tuesday. ship brokers said. Grain from the Gulf to east coast Mexico received a steady $14, while shippers paid a lump sum of $380,000 for about 15.000
      1,198 words
    • 4288 28 AABNMS Ann. UMrW Maarak Lin. Ok 22 Evar Glowing Evargraan Dk 22 Fan Ha Chma Ocaan Dk 24 Ming Ptonty Y.ng Ming Dk 24 Otng H. Ctun. OcMn Ok 28 LJ Bontang Otk.kg.lri OK 25/27 Evw OMalul Ewrgiwi Dk 2* Ming
      4,288 words
    • 1256 28 AT CONVENTIONAL WHARVES VmmI B*m li Arrival Departure KEPPEL WHARVES Koto Nogo H32 olongside 28 12/1800 r u heng No 2 K29 olongside 30 *****0 KI9 olongside 2512/2300 Anbossodor 7 170 olongside 2512/1100 Gl Setoton K33 otongudo 23 12/0600 Konghuoshon K3t olongside 24 12,0600 CGM loc.ne KI5
      1,256 words
  • Page 21 Advertisements
    • 675 21 f*y >■ TIMES STP Distributors X^edicated to Qualify se>*vice jArdine shipping agencies 200 Canlonmant Road #12-06 Southpomt. S«H)apor« 0208 Tel *****11 Te*i RS ***** Facsimile *****09 TERMINAL/CFS Tel *****18 *****19, *****20 FOR CUSTOMER SERVICE INOUIRIES ANO BOOKINGS Tel *****30/5 Pf SAW JARDINE SHIPPING A6ENCIEB SON IHD PORT KELANG Tel *****18
      675 words
    • 58 21 mm A LOOK at some of the latest developments in the paint market. Page II INTERNATIONAL SHIPOWNERS blame a shortage of qualified officers and inflexible British safety standards for a fall in Hongkong's gross registered tonnage. Page 111 Index to advertisers II Port conditions 111 London freights X Ships in
      58 words
    • 714 21 INTERMARINE SUPPLY CO (PTE) LTD T»l: *****33 (6 ItaM) Tl> IMCCO R*****8 Fit 26M477 MAERSK LINE This »M< Laura M Closing Tim* CV 26/12 2300 HRS CFS 26/12 1300 MAS Feeder by Maersk Kobe Feeder by Maersk Kobe This i»m* M Rotterdam Closing T>ma cv i'i oeoo hrs CFS 31/12
      714 words

  • Page 22 Advertisements
    • 625 22 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/I ANTWERP TOKYO BAY LONDON EXPRESS CARDIGAN BAY BENALDER KOWLOON BAY BENAVON OSAKA BAY ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTEROAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO
      625 words
    • 19 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National \{M£2ffcJ Shipping Association. \S^»y
      19 words
    • 527 22 POLISH OCEAN LINES Optorg Shipping Pte Ltd Pft ng wrrc:: > TO EUROPE CONTAINERISED SERVICE (MEMBER Of EACON SERVICE) VESSEL/VOYAGE H CECIELSKI7W CF KLEEBERC/O FAHRIANO lit! HAVELLAND 2/B PNC PKL SIN cm) (xan niu (27 02) (27/12) 3102 (M/oi) (09®i) am (1701) (1701) 2101 ANT RTM NBC COT OSOI 14«1
      527 words

  • Page 23 Advertisements
    • 1341 23 E2 The Straits Steamship Group p&O Cont Containers [CONTAINER SERVICE TO UK/CONTINENT: KOWIOON BAY Sailed Sat BENAVON Saited Saik HASUGA 1* Sailed OSAKA BAY Sailed Si* PILAR Sailed Saik TOIAGA BAY Sailed Sail* NIPPONICA Sailed HONGKONG EXPHESS 22/12 23/1 •Calling Sharjah Accepting cargo to Doha. A. Dfeabi. Mombasa. B. Abbas
      1,341 words
    • 640 23 fd\ SGS I NSPECTION MARINE SURVEYS (IN 140 COUNTRIES WORLDWIDE) SGS SINGAPORE (PTE) LTD 71, AVER RAJAH CRESCENT #07-18 AYER RAJAH INDUSTRIAL ESTATE SINGAPORE 0513 TEL *****50 (MARINE DEPT./INDUSTRIAL DIVISION) TLX: SGS RS ***** FAX: (65) *****27 EUROPE u VESSEL KOREAN SEMTM SEAMAN SENATOR TAIWAN SEMTM AMERICAN SENATOR VESSEL NEW
      640 words

  • Page 24 Advertisements
    • 506 24 HXSINOSE MARITIME PTE LTD «j> ISLAMIC RCPUBLIC Of IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading far IRAN MAHAIIATI PJLStt SLD BANDAR ABBAS ikvow KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSI KYOWA HIBISCUS V 34 KYOWA VIOLET V 23 LOAD FOR VILA. NMA LTK. SUVA. PAGO. APIA VILA. NMA LTK. SUVA.
      506 words
    • 939 24 HANJIN SHIPPING CO., LTD. FULLY CONTAINERISED SERVICE A mewber of the Ac« Consortium OUTBOUND SERVICE TO US A /CANADA To: PACIFIC SOUTH WEST OOCL DOMINANCE 1W KOREAN CHANCE «0W HUMBER BRIDCE 1W UNI MAUL HANJIN SUSAN m HANJIN SUSAN Hi HANJIN POHANC ISC ME PUS LAX OAK *n m m
      939 words
    • 851 24 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP HKC KSG EVE* GOLDEN OMI 10/01 114)1 13*1 15*1 20*1 aI EVE# GLOBE 13*1 um iui m\ 22*11 27*11 30/ EVER GENIUS M W iMI iW Ml GA! EVE* GIANT 27*1 31*1 01/02 owe 06*2 10/02 13/ EVER GENTRY 03<02 07/02
      851 words

  • Page 25 Advertisements
    • 569 25 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL GOWA MAI GUANG MAJAPAMfT ACCEPTING MURURAN/TOMAKOMAI/HITACHI CARGO VIA HKG JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE I VESSEL SEA GLORY PIYA BHUM MAI HUI JARU
      569 words
    • 299 25 CO S CO CHINA OCEAN SHIPPING COMPANY WKC COWVWTKWAI WEKVICB KK PGO P Klg Ptnang Loading for JIANG CHUAN 30[12 RotttrtUnvAntwerp YIN CHUAN an Rottartam/Artworp MAIATWA/qnWA rou CONTAPm BKKVICB Ptnang Pkl( Sport Bkk Hkg S'hai Qinfiao YANG FANC KOU »5 27/12 21/12 1/1 W W Accepting FCL Cargo for all
      299 words
    • 454 25 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT ma in no an «a u/2 20,7 na EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND I SIN I MAIN LINE HKG NOUMEA SUVA
      454 words
    • 390 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSI/VOY SPORE SRIWIJAYA/2SWB 9-12/1 PALEMBANG/11WB 16 18/1 KUTAI/16WB 28-30 1 ANTWERP H'BURG/ RDAM/ADAM BREMEN 5/2 10/2 17/2 20/2 27/2 2/3 Subject to Inducement Also accepting
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    • 365 25 BOUSTEAD SHIPPING AGENCIES J* HTONEYWA V24IW PA-AN VI32W PAGAN VI3SW BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok St BANK LINE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC FORTHBANK V23N IVYBANK V23N TAUSALA SAMOA VI4N SPORE RDAM HULL HMBG 25/12 22/1 29/1 26/1 20/1
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  • Page 26 Advertisements
    • 639 26 Q K LINE KAWASAKI KISEN KAISHA, LTD. ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM N. AMERICA-ATLANTIC COAST ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM N. AMERICA PACIFIC SOUTH-WEST N. AMERICA PACIFIC NORTH-WEST OOCL DOMINANCE NUMBER BRIDGE TRANSWORLD BRIDGE EUROPE (Member of ACE) ORIENTAL CHIEF TRANSWORLD BRIDGE NEPTUNE RUBY
      639 words
    • 337 26 Accepting LCL and containerised cargo** Olr*ct to South Africa NEOLLOYD COLOMBO 6838F OSAKA MARU 6943F HAYAKAWA MARU 7042F HAYAKAWA MARU 6641G VIRGO 09C3G VAAL 6739 C P.Eliz C.Town Durban 13/12 15/12 18/12 10/12 12/12 19/12 28/12 29/12 1/1 WW/ EBB» JAROINE SHIPPING AGENCIES (REG *****4/ OOK) 200 CANTONMENT ROAD #12
      337 words
    • 701 26 Si l£ c -////< r AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P Heiang Penang loading tor Mother Vsi By Feeder By Faeder 3 Jan XDk ?6 Dec Frem Metb Sjdn Add 31 Jan 2* Jan 24 Jan f rem Melt Sydn Adel 2 Mar 24 Feb 24 Feb
      701 words
    • 613 26 G G. GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. T*tot Aytf StrMt SINGAPORE 0104 Til UUW (10 LINIS) F»i U43SW STRAITS/PERSIAN GULF SERVICE: GOIDCN BUR Colombo M'Kf. Dubai GOLOCN HARVEST Coiombo KjiKhi Dubai BMtrair CHINA SERVICE A VESSEL Huanipu SMnghji Spo'e l/l Jan lVli ian 1/10 Jan P Ketang
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    • 350 26 24/12. 3102 SO. U'l 24/12. 2102 23/12, 10 7/1. 14/1 NEW GENIORD PHIII-Oni€NT UN€5 PT€ LTD MEAO OFFICE S3 ROIINSON ROAD »07 12 AFRO ASIA BUILDING SINGAPORE 0106 TELE* RS ***** PHILI FAX *****76 EAIT/KUI EAST Fft i LCI SBMCI ETA SINGAPORE] DESTINATION DUBAI OAMMAN KUWAIT. DOHA MUSCAT BAHRAIN ABU
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  • Page 27 Advertisements
    • 694 27 NEPTUNE AGENCIES PTE LTD FE EU/AUST TP A,SEA NEPTUNE ORIENT LINES LTD T* FAR EAST/tUROPf F TO EUROPE/UK (VIA SUEZ): P Kelang S port I Havre 0 DOMINANCE IN (23/17) 25/12 13/1 K CHANCE m (30/12) 1/1 1»/1 M BRIDGE W (VI) '/I »,1 TW BRIDGE 4CW (13/1) 15/1 2/2
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    • 348 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG, PENANG. KEELUNG. BUSAN, INCHON Vmml t Name ETD BS S PORE PKLC KEI BUSAN MO JI #OftAGNETMMN 14/12 77-27/12 2»-2tyU 04-04/01 10-10/01 11/01 •GLORIA II4N 21/12 01-02/01 CO-<OlOl 17 IMI IMJI NO DON AM/11 IN 23/12 04-0701 00-00/01 IS IMII
      348 words
    • 605 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 ***** PCNANC P. KELANG MESSRS HAI THOMC SHIPPING 127 Penanj Street Penai* Maltysa M/S HANDLING SYSTEM CO SON
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  • Page 28 Advertisements
    • 288 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 Lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAD DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -Vl* IARNACA ACCEPT I Nfi CAR6O FOR UMASSOL. BEIRUT. LATTAKIA, ALEXANDRIA,
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    • 28 28 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL HINODE RISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE MIDDLE EAST REGULAR LINER SINGAPORE SHIPPING CORPN (PTE) LTD TEL: 22MMS
      28 words
  • Page 28 Miscellaneous
    • 154 28 Regional Weather Vi <■ ,\v, 4 r /i y r iX ss ft 1k •c a Wiod d*ect»on mith spe*d m knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AM. D«C 22, 1988 LEGEND R Thunderstorm Temperature c Weather Wm<J <Vect»on w»fti speed *> knots ,n Wove he.ght Cloudy Sky
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  • Page 29 Advertisements
    • 603 29 j£?> FARGO SHIPPING vS§T TeI:SS4 Q122 wt E Hudig ns •ruuai 217 AnhMrpan 211 C. VtratM 219 Alio accepting cargo to AUSTRALIA Adelaide. Brisbane NEW ZEALAND Wellington. Napier Chrutchufch TO USA/CANADA VSL E Nudig 215 •naa* 217 AMwarpan 211 C. VtfOMM 21) 19 DATS FROM FOS/MARBEILLEB! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vtl E.
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    • 242 29 CSP SHIPPING AGENCIES PTE. LTD. LCL CONSOLIDATION TO 25/12 29/12 22/12 25/12 26/12 24/12 21/12 21/12 21/12 21/12 KEELUNG/KAOSHIUNG HONGKONG/CHINA BUSAN MANILA TOKYO/KOBE COLOMBO/BOMBAY FELIXSTOWE/LONDON HAMBURG/ROTTERDAM BANGKOK JAKARTA (FULLY CONVENTIONAL) VESSEL ETA SIN TBN 25.12.88 CHITTA6ONG CALCUTTA/KAOSHIUNG Special TWIN 25 TON HEAVYLIFT TEL: *****66 (16 Lines) Tlx: ***** CSPFRT Fax:
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    • 731 29 PLUSCOL MEMTIOML PTE LTD TEL: 223 9988 THE BEST DIRECT/TRANSHIPMENT RATES JAKARTA SURABA YA BELAWAN BANGKOK PT KELANG PENANG 31/12 25/12 28/12 26/12 28/12 28/12 7/1 31/12 31/12 31/12 31/12 31/12 PERKINS SHIPPING PERKINS HEDLANDVBROOME* Accepting Braakbulk, Heavy-4MI. Contilnw ft RO/RO Cargo** MARKHAM BAY V.2 ETA/ETO S PCRI 2S/30 Ok
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    • 97 29 Tatsumi Marine DIRECT BANJNG TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports sub/ect to inducement I also accepting transhipment cargo OROBAY MADANG KIETA WEWAK KIMBE. RABUAL via LAE) rr PTE. LTD limit c c KMCB PTL LTD. (STOH) TEL FRENCH SHIPPING SON. BHD. COMPANIA CHILENA DE NAVECACION
      97 words
    • 320 29 UNIPACIFIC TRANS 1 TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 IRAQI LINE IMQ S'iM Sf »0•■ A* l TIM MV SINDBAD EAST BOUND SERVICE ETA SPORE LOADING FOR In Pt (P.KELANG-2S/12) Japan THROUGH B/Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA 1 BAGHDAD REEFER
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  • Page 30 Advertisements
    • 366 30 I// Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX HS ***** RS ***** ft. I \SII RN \K I INI R. I I I). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0& HEAVY LIFT! 'For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN ft CHINESE PORTS,
      366 words
    • 791 30 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEM-CONTAMER SERVICE TO NORTHBOUND TO UKC S PORE RDM/A DAM HBG HULL (U.K.) FORTHBANK V23N 25/12 23/1 27/1 29/1 IVYBANK 20/1 I*7 22 2 2Stf TAUSALA SAMOA VI4N H/2 17/3 21/3 27/3 •Alto Acceptinf FCL to Antwarp/BrMMfl/FtliMtowe/Souttiampton/MlaiUGotlMntourf ITS: (ASIA-SOUTH PAC SPORE
      791 words
    • 695 30 /M CALL US AT: P. KELANG PENANG J. BAHRU P. GUOANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-2418&8 07-*****3, *****5, *****0, *****1 02-*****22 *****68 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FCEDCR ■OTHER VSI TOTAMA B rtmui SINGAPORE LEMARVE BUT ANC MR BUT ANC Sll HAMBURG ISO 2201 noi OS
      695 words