The Business Times, 6 January 1989

Microfilm: NL16449
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, JANUARY 6, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    247 1 Dow higher WALL STREET stocks made broad gains in early trading yesterday, following Wednesday's rally in blue chips, brokers said. However, some expected buying to dry up as traders pull back to await the US December jobs data due today. The Dow 30 was up seven at
    247 words
  • Article
    SES approves two tie-ups with foreigners
    394 1  -  By CORRINA LIM THE STOCK Exchange of Singapore, which announced approvals for two foreign tie-ups with local brokers yesterday, is drawing up a set of guidelines for its ongoing corporatisation programme. The additional guidelines which will be announced in due course are aimed at
    394 words
  • Article, Illustration
    More activity in regional markets
    252 1 REGIONAL markets, partly buoyed by strong leads from overseas markets, had a busy day yesterday. The Hongkong market, in an early run-up to the traditional Lunar New Year rally, was the most active. By midday, the Hang Seng index had jumped 35.01 points to 2,771.84
    252 words
  • Article
    Four local companies in Thai port venture
    568 1  -  Joint warehousing project By LINDA CHEE PORT CONGESTION in Thailand has provided the opportunity for four Singapore companies to embark jointly on a warehousing project in Thailand. Container Warehousing Transportation, Sembawang Holdings and two listed companies are forming a management company to operate
    568 words
  • Article
    Lock icon 'Over 50pc of Japanese oppose raising foreign aid'
    128 1 AFP MORE than 50 per cent of Japanese oppose increasing economic assistance to developing nations, a poll by a leading Japanese daily showed yesterday. Some 52 per cent of people polled by Mainichi Shimbun were against aid saying that many Japanese had
    AFP  -  128 words
  • Article
    Lock icon Taiwanese export project
    79 1 AFP TAIWAN's highest economic think-tank has proposed a project to set up export processing zones in Panama and Costa Rica, an economic planning official said yesterday. An official for the Council for Economic Planning and Development (CEPD) said the zones would enhance Taipei's relationship with the Carribean
    AFP  -  79 words
  • Article
    Hirohito's condition pushes up US$
    125 1 CONCERN over Emperor Hirohito's worsening condition yesterday sent the US dollar closing higher against the Japanese yen in the Tokyo currency market. Japanese palace officials said Mr Hirohito was given an emergency transfusion when his blood pressure dropped sharply. This helped to further boost the
    125 words
  • Article
    Lock icon M'sian manufacturing sector tops revenue list
    323 1 Bernama THE MALAYSIAN manufacturing sector, which has the largest number of companies, earned the highest revenue of M 538.51 billion or 33.8 per cent of the total of M 5113.96 billion earned by 10 industrial sectors in 1986. The Statistics Department, in its latest
    Bernama  -  323 words
  • Article
    Lock icon Consumer price index up 2.4pc
    141 1 Bernama MALAYSIA'S consumer price index (CPI) for January to November last year rose 2.4 per cent on average compared with the corresponding period last year. The Statistics Department reported yesterday that prices for all groups of goods showed increases with the exception of the main
    Bernama  -  141 words
  • Article
    Inco to set up marketing office in Singapore
    329 1  -  By DEXTER LEE TORONTO-BASED Inco Limited, the world s largest producer of nickel alloys, will set up a marketing office in Singapore next month as part of its restructuring plans in the Asia-Pacific region. The local office, called Inco Alloys, will carry
    329 words
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      190 1 $220.00 nett per table FREE Flow of Stout, Beer. Soft Drinks 4 etc (Min. 10 Tables) FAMILY DINNER $88.00 (8-10 persons) COLLECT THE WINDFALL CROCODILE BRINGS T et a faithful pal bring you luck this season. I 4 l:n/oy quality an J good lasting value that have been synonymous with
      190 words
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      Page 1 Advertisements Column 2
      231 1 Full report, PAGE 18 Regional mkts, PAGE 20 World mkts, PAGE 21 Editorial Comment: 12 A drop in the ocean Foreign Exchange 9 HK taps Exchange Fund Singapore politics 12 US Federal Reserve What's on the quiet horizon? Go-ahead for foreign currency deposits in banks TttttTZZ US-Llbyan dash 11 A
      231 words
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      Page 1 Advertisements Column 3
      192 1 rr.TT Korean shipyards hit a bad patch THE TWO biggest shipyards in South Korea ars currently going through soma bad times, and Singapore's shipyards may stand to gain from South Korea's loss. Read what shipyards contacted by Shipping Times have to say about the effects of what's happening in South
      192 words
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  • HOME NEWS
    • Article
      New breed of tourists from Japan arriving
      536 2  -  Visitors are younger and more fun-loving By LEE HAN SHIH THE JAPANESE visiting Singapore nowadays are, on average, slightly younger and more funloving than their counterparts a few years ago. There are also many more Japanese women visiting Singapore these days, according to
      536 words
    • Article
      Rooms to spare despite the boom in tourism
      352 2 THE TOURISM BOOM notwithstanding, an average of 5,100 hotels room were vacant each day in the first 10 months of last year. According to a study by the Singapore Tourist Promotion Board (STPB), the vacancy rate was at its peak in February.
      352 words
    • Article
      Electronic mail system to link up with telex machines soon
      237 2 USERS of the Telebox electronic mail system will soon be able to send or receive messages from telex machines. They will also be able to send messages to facsimile machines. These new capabilities will be available to all Telebox subscribers
      237 words
    • Article
      Lock icon Body checks at airport
      97 2 UPI THE CHANGI International Airport introduced body checks yesterday on all passengers boarding commercial jetliners, police said. "Body checks are now compulsory at Changi airport. All outgoing passengers must undergo personal search before boarding any aircraft," said police superintendent Ronald Gan. He said this measure was
      UPI  -  97 words
    • Article
      Case finds big price difference in brandy sold at two places
      246 2 THE DIFFERENCE in the price of a 70 cl bottle ot Martell VSOP Brandy could vary by as much as $22, depending on where it was bought. At the Marine Parade Cold Storage supermarket, it was sold at $77.95
      246 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      351 2 UNITED AIRLINES has announced the appointment of a new Singapore manager. He is Mac Donald Curran who replaces Mr Arthur Wee who has retired. Mr Curran will be responsible for the administrative and operations management of the Singapore office and the areas of Malaysia and Indonesia where
      351 words
    • Article
      Call to draw up public education programmes on family life
      498 3 A COMMITTEE commissioned to study family life in Singapore has recommended that public education programmes be drawn up to educate both employers and employees on time management, family life and productivity. The Committee on Family Life made the recommendation on
      498 words
    • Article
      Sisir invites comments on standards
      164 3 THE PUBLIC has been invited by the Singapore Institute of Standards and Industrial Research (Sisir) to submit their comments on a few new standards before they are approved and incorporated as Singapore Standards. At issue are four draft specifications, two codes of practice and one
      164 words
    • Article
      National ideology to be defined
      584 3  -  Parliament to focus on settling major outstanding issues By MARTIN SOONG DEFINING a national ideology will be one of the main tasks of the Seventh Parliament which will sit on Monday for the first time since it was elected last September. After the traditionally formal
      584 words
    • Article, Illustration
      Single-session afternoon sittings to return
      518 3 PARLIAMENT will return to sin-gle-session. afternoon sittings from Jan 16, when it begins five days of debate on the government's policy and directions for the next five years. The debate on the President's address one week after the opening of the Seventh Parliament on Monday
      518 words
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      Page 2 Advertisements Column 1
      63 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day JANUARY 1989 Northwest Airlines writes a new chapter in aviation history as the world's first airline to fly the new Boeing 747-400. Northwest Airlines, the leading airline across the Pacific •••FIRST AGAIN. i H «SM i.»: a«. fUMIi 'SWMft NORTHWEST
      63 words
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  • Article, Illustration
    Lock icon Takeshita expects a tough time in parliament
    567 4 Stock scandal casts a long shadow AFP JAPANESE Premier Noboru Takeshita said that he expects the next session of parliament to be difficult because of a widening stock scandal involving politicians, bureaucrats and business leaders. "I will face the situation by pursuing the
    AFP  -  567 words
  • Article
    Lock icon EC scraps anti-dumping duties on Japanese photocopiers
    257 4 AFP THE European Community scrapped anti-dumping duties imposed on photocopi- ere manufactured in France and West Qermany by Toshiba and Matsushita of Japan, EC sources said. The sources at the Eu- ropean Commission, the EC's executive, in Brussels said on Wednesday the decision
    AFP  -  257 words
  • Article
    Lock icon EC drops planned duties after dumping inquiry
    244 4 AFP THE European Community (EC) has dropped plans to slap anti-dumping duties on radio-telephones from Ja- pan, Hongkong and Canada after an 18-month investigation, EC sources said in Brussels on Wednesday. The inquiry concluded that these products were not sold at unfair prices
    AFP  -  244 words
  • Article
    Lock icon Plant opening in France delayed
    136 4 AFP JAPANESE carmaker Fuji Heavy Industries has decided to delay until at least 1992 the opening of a manufacturing plant in France, Jiji news agency reported in Tokyo on Wednesday. The agency quoted a company official as saying that Fuji, which makes Subaru cars, might
    AFP  -  136 words
  • Article
    Lock icon US share in electronics production declines: studies
    547 4 NYT TWO RECENT STUDIES conducted by Japanese and European organisations show that the United States share of the world's electronics production has dropped far more dramatically than previously estimated, a US trade group said. Using statistics compiled by the Electronic Industries of Japan,
    NYT  -  547 words
  • Article
    Lock icon US raises duties on Japanese all-purpose vehicles
    337 4 Reuter THE United States on Wednesday declared a 10-fold increase in duties on most imported all-purpose vehicles, reclassifying many from passenger cars to trucks. US industry officials said about 250,000 such vehicles were shipped into the United States last year, mostly from Japan.
    Reuter  -  337 words
  • Article, Illustration
    Lock icon Jan 13 trial for Vanuatu head
    54 4 Reuter VANUATU'S president Atl George Sokomanu showing the 'V' sign as he leaves court in police custody in this recent file picture. A Vanuatu court on Wednesday committed Mr Sokomanu to stand trial on Jan 13 for inciting mutiny, a charge carrying a maximum
    Reuter  -  54 words
  • Article
    Lock icon M'sia's trade surplus falls
    97 4 AFP MALAYSIA'S trade surplus narrowed to Mslo billion in the first 10 months of 1988, official figures showed. This was a 2.9 per cent drop from the M 510.3 billion trade surplus recorded in the same period of 1987, the figures released by Bernama news agency
    AFP  -  97 words
  • Article
    Lock icon KL resource-based industry: private support urged
    331 4 Bernama IT IS HIGH TIME for the private sector to assist the Malaysian government in developing and maximising profit potential in natural resource-based products for the export market, an official from the Malaysian Management Services Sdn Bhd (MMS) said. MMS chief executive officer Ayub
    Bernama  -  331 words
  • Article
    DAILY AIRCRAFT MOVEMENTS
    1000 4 ARRIVALS Op«ratoi Sarvlo* r,umb«r Local time From S1A UAL BAL IAL OFA MAS SU MAS MAS MAS SU CM OfA swt GU SU RBA OFA SU GU SU SU THA AIC GU RU SAS MAS SAB SU SU IAW SU SU SU SU son UA805 ■Y768 JL615
    1,000 words
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      Page 4 Advertisements Column 1
      47 4 as 'm M y T as «r 1 to Garden 8 occasion,J^k^ heregoo dvalue se^eiSaa^f^-^ I Cob^erSaia^ Butter crisp squids i\ sauted Crispy **gU BBQ/StearnedUv^ MeraiUe l\\ Steamed Bean^dw^ Cutdefish Fried^^thGmger&^ fK I\\\\ At promotional pn I D^Execu^veCh^^ Managed K Jack s Place Management Services iPtei Ltd
      47 words
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      Page 4 Advertisements Column 2
      38 4 1 N The business person's choice every Tuesday, Thursday, Saturday ond Sunday. Leovmg Chongi Alport at 22:05 J_ 1 hours ond ornvog Heathrow eoriy the toltowijg morning Col your Travel Agent or A* Conoda at *****55 AIR CANADA
      38 words
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      88 5 V X u. w V. r7?, ri 4 -i «P <r^ -i fi> *V > ♦Jtl VV2 r\ 4f* TJ v W ir t V v_ IT *S •v nlr i > V 5. 4 m mm. < s >t f > *i t V 9 t •At: *fc «r.
      88 words
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  • ASIA – PACIFIC
    • Article, Illustration
      Lock icon REST OF THE WORLD Bush's budget plan begins to take shape
      541 6 President-elect will continue to oppose tax rises NYT PRESIDENT-elect George Bush's strategy tor dealing with the US federal budget has begun to take shape, and Richard Q Darman, who has been given unchallenged authority to draft Mr Bush's budget
      NYT  -  541 words
    • Article, Illustration
      Lock icon Nicaragua devalues currency, jacks up prices amid roaring inflation
      506 6 AP THE NICARAGUAN government has sharply devalued its currency, raised bus cent and increased fuei an effort to keep'Jßfe economy afloat. Nicaragua's battered after eight against US-supported Contra rebels that inflation last WirT topped 20,000 per cent The austerity measures, implemented
      AP  -  506 words
    • Article
      Lock icon Walesa issues 'terror and blood' warning toauthorities
      219 6 AFP SOLIDARITY leader Lech Walesa, who is under opposition pressure to toughen his stand, has aaid thet lf the PeWsh Government does not compromise soon the country risks being overshadowed by "terror and blood". In an interview with the Communist Party weekly Polftyk*.
      AFP  -  219 words
    • Article
      Lock icon Modest rise in US factory orders in November
      262 6 AP ORDERS to US factories for manufactured goods increased by a modest 0.3 per cent during November, according to a government report on Wednesday that some economists said reflected continued but slower economic growth. Buyers placed orders worth a seasonally adjusted U*****.7
      AP  -  262 words
    • Article, Illustration
      Lock icon EC still faces problems with farm stocks
      499 6 AFP UPI THE EUROPEAN COMMUNITY'S butter mountsin has mslted ewey, end Ha ence enormoua grain mountain Jias shrunk to s more menegseble size, but beef end alcohol stocks are piling up*. The European Commission, the EC's executive, said on Wednesday that the value
      AFP; UPI  -  499 words
    • Article
      Lock icon Pan Am bombing: Some travellers shun US airlines
      482 6 NYT CONCERNED about the possibility of bombings, some travellers have begun to switch from United States airlines to foreign carriers for their flights to Europe. Their concern comes as a result of the bombing on Dec 21 over Scotland of Pan American
      NYT  -  482 words
    • Article
      Lock icon Two German industries to invest more
      318 6 FT WEST GERMANY'S metal and electrical companies plan sharp rises in investments this year, but few new jobs are likely to be created as the emphasis will be on improving efficiency rsther then incrsasing capacity, said Qessmtmetsll. the employers' association for the industries. Planned
      FT  -  318 words
    • Article
      Lock icon Italians more optimistic about economy
      126 6 Reuter ITALIAN industrialists are much more optimistic about the future ofthe economy than they were a year ago, but fears of an upturn in inflation are also growing, according to a survey by the independent ISCO institute. The proportion of companies expecting an improvement in
      Reuter  -  126 words
    • Article
      Lock icon East European travellers set off 'customs war'
      484 6 AP EASTERN EUROPEANS searching each other's stores for bargains in Soviet caviar, Czech car parts and Bulgarian sportswear have set off an unprecedented "customs war" in the communist bloc. The new Soviet freedom to travel and relaxations on travel throughout much of Eastern
      AP  -  484 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      38 6 Whgr no( Briagjuurßetter Hair to Btts? Have you checked out the new Bibi's yet? Food, booze, music, fun. Open from 11 am to 2 am. Lunch dinner served. Bibi's Theatre Pub, Peranakan Place, Orchard Road. Tel: 732 6966.
      38 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      50 6 Doonesbury look m wunJO'A fair. O'BASKET CAS6SIFTVB BVERSeENONS! ANP UJITH ONLY Id YBARSTO6O! MINIMUM' 350/> m ARB YOU NOT A POINT. A PRO POSAL.LSTMBBB THBKJ&SRJLI-V/Ma NANNY! TRY/NO 70MAKB A POINT, ZONKBR? m I .r.r/1 li BY GARRY TRUDEAU ZONKSK NOTSURB. THAT* <*«* WINCH? wnrnn QUESTION JOU CARP? THB ™*T? SCARIEST...
      50 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      155 6 //"l Brisbane Brussoh Buonos Airoi Cairo CoHjary Canborro Caracos Chicago Copltogon Dorwki Dublin Frankfurt Gonovo ro 21/11 Rno 06/01 dowdy 06/01 door 17/12 Ooar 33/23 Sunny 29/24 Cloor 01-06 Snow 13/00 Ooar 05-04 Ooar 02/00 Ooar 23/17 dowdy 04/00 Shown 31/22 Rno 09/00 dowdy 00-04 dowdy 34/24 door 14/09 Cloudy
      155 words
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      Page 7 Advertisements Column 1
      185 7 mSW'TKEt M -sMists Mazda Granz For women who drive in a man's world >v,ered Steering oloured Bumpers werea ninaows Full-Fabric Seats werea uoor Mirrors For years women had to contend with cars designed by men. For men. Central Locking Until now. For now there is the Mazda Granz. With features
      185 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Forex markets
      1470 8 HongkongBank SINGAPORE: The US dollar ended on a firm note yesterday in Asia, aided by concern over the US-Libyan conflict and expectations of a firmer US monetary policy. However, profit-taking capped the dollar at around the 1.7910 D-mark level as market operators were still mindful of Bundesbank's displeasure
      HongkongBank  -  1,470 words
    • Article
      Money markets
      61 8 THE OVERNIGHT rate on the Singapore money market rose 1/16 point to close at 5-1/16 per cent yesterday. Term rates remained unchanged across the board. S$ Interbank rates at the dose yesterday; OHH MO O»«r5 1/14 4 15/14 1 -month 5 3/14 5 1/14 2-manrti 5 1/4 5
      61 words
    • Article
      Government securities market
      98 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity UD OFFER HtGH LOW 3 months 6 rtvcx i ftu BQ*****S 06.04.89 3.83 3.70 3.83 3.83 1 y*or BY*****H 23.11.89 4.24 4.19 4.22 4.21 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate RID
      98 words
    • Article, Illustration
      World interest rates
      186 8 inaiciTff in# Of th* prim* landing ratM of 12 ma|or banks In B'por* Interbank market rates (offer/bid) on Jan 5 us$ DM SWFC Y«n 7 4ay> 1 6 ia 3/1* l/l* 3/1* 1/1* 9 7/1* 3/1* i/a 3/t 9 13/1* 11/1* n i/i* ia is/i* 13 i/i*
      186 words
    • Article
      Comex gold/silver futures
      183 8 Gold futures on Jan 03, 1989 100 troy ouncas. USS per troy ou m Opw Low SaMa Jon 89 410.80 ♦0J0 Fab 416.20 416.40 412 30 413.40 t.10 Mor 413.90 1.10 421.00 421 80 ***** ***** 1.30 Jwi 426.80 426.90 423.00 424.00 1.40 A-B 431 JO *****
      183 words
    • Article
      Asian dollar market
      253 8 Asian ooiiar aeposu rates yesterday ended at opening levels after a day of light trading, with the market now looking to today's release of US December employment data for direction. One month closed at 9-5/16 9-3/16 per cent, six months at 9-5/8 9-1/2 and one year at
      253 words
    • Article
      Lock icon Simex
      474 8 BA Futures MARCH Eurodollar futures oponod seven ticks lower yesterday than the previous Simex close at 90.45 on firmer federal funds rates. Prices edged higher to 9047 but fell to a low of 9042 following news report that the US Federal Reserve was pushing interest rates higher to keep
      BA Futures  -  474 words
    • Article
      Lock icon IMM
      278 8 Reuter IMM FOREIGN currency futures finished sharply lower on Wednesday as signs of escalating tension between the US and Libya prompted investors to seek a safe haven in the US dollar. US downing of two Libyan jets over the Mediterranean prompted a flight-to-quality from currencies to the dollar, traders
      Reuter  -  278 words
    • Article
      Options
      1408 8 CURRENCY FUTURES OPTIONS T>wnday, Jan 5, 1988 DEUTSCHE MARK (SRMEX) taNe* Lmm Sa* u u M 51A 44 57 58 J W CM 60 CAS •«8R 578 1558 2558 Jas SS peM Lav SaS CAS CAS s 42 240 240 52 55 PataScsR MNR LM S SaR 1 IS
      1,408 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Fed allows foreign currency deposits in US banks
      326 9 FT The UNITED STATES Federal Reserve has passed a rule which will allow US banks to offer foreign-currency deposit accounts to their customers from the beginning of next year. The decision was taken at a meeting on Dec 23 but the rule
      FT  -  326 words
    • Article
      Lock icon Tokyo may ease flows from offshore market
      182 9 Reuter "HE JAPANESE Finance Ministry o considering raising the limit jn daily flows of funds from Jaan offshore market (JOM) accounts to domestic banking iccounts to allow wider use of the market, a ministry official in Tokyo said on Wednesday. The move was
      Reuter  -  182 words
    • Article
      Lock icon Japanese bid to widen use of bond rating systems
      163 9 Reuter -IE JAPANESE Finance Ministry id the Federation of Economic ganisations (Keidanren) are to set up a council to study ways to a aate wider and more sophisticated use of bond rating systems .<-i Japan, a ministry official said n Tokyo
      Reuter  -  163 words
    • Article, Illustration
      Lock icon Merc opposes Amex trading instrument
      331 9 NYT THE CHICAGO Mercantile Exchange has recently pointed out to the Securities and Exchange Commission that a new type of trading instrument proposed by the American Stock Exchange cannot legally be traded. The argument marks the latest stage in the battle over which exchange and
      NYT  -  331 words
    • Article
      Lock icon HK withdraws HK$132m from Exchange Fund
      367 9 Reuter THE HONGKONG government intervened in the local money market, withdrawing HK$l32 million from the Exchange Fund to reduce liquidity. Joseph Yam, deputy secretary for monetary affairs, said. The fund's closing balance will fall to HK$72B million from HK$B6O million. It was at HK$l.25
      Reuter  -  367 words
    • Article
      Lock icon Congress asked to tighten control over banks
      516 9 Reuter THE US Federal Deposit Insurance Corp has asked Congress for stricter authority over banks and for changes in the deposit insurance system for banks and savings and loan institutions to prevent a recurrence of huge losses. The agency has sent to Capitol
      Reuter  -  516 words
    • Article
      Lock icon World Bank raises rate for richer Third World nations
      211 9 AP THE WORLD BANK has announced an increase in the interest it charges the more prosperous Third World countries to 7.65 per cent annually, the first rise since it began lending at variable rates in 1962. The rate will apply during
      AP  -  211 words
    • Article, Illustration
      Lock icon Libyan affair: markets seek refuge in US$
      365 9 FT Reuter NEWS OF the US downing of Libyan fighters sent the US dollar rallying against the oth«r major currencies in European and American currency trading on Wednesday and in Asia yesterday. Dealers said there was a rush into the "safe-haven" dollar after
      FT; Reuter  -  365 words
    • Article
      Lock icon Precious metals ease but US$ firms
      317 9 Reuter THE LUSTRE of precious metals as a safe haven for investors appeared tarnished as silver and gold prices fell while the value of the US dollar increased on Thursday in reaction to political tension. "This is a bellwether day," said Bernie Savaiko, a
      Reuter  -  317 words
    • Article, Illustration
      Lock icon Perez urges unity on foreign debt
      610 9 UPI VENEZUELAN President-elect Carlos Andres Perez on Wednesday called on Latin American nations to unite to face the region's monumental US$42O billion foreign debt, saying the debt burden was undermining democracy in the region. Mr Perez, who is to be inaugurated on Feb 2,
      UPI  -  610 words
    • Article
      Lock icon Banker plays down Venezuelan payment suspension
      296 9 Reuter A LEADING American banker has played down the importance of Venezuela's recent decision to suspend most foreign loan repayments but said new efforts were needed to tackle the Latin American debt crisis. Some commentators have said the move to end repayments of principal
      Reuter  -  296 words
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      Page 9 Advertisements Column 1
      73 9 =^=@{'@~`>~\@`)]({^&|!/=).\=",. FREEHOLD DEVELOPMENT SITES RESIDENTIAL INDUSTRIAL i m "Cy UPPE Al K tfcttFD <* m m SMS m vv H 131 MAIVUfI 147/ A Kampong Ampat Singapore 1336 Site Area: 9,389.1 sq. m. (101,063 sq. ft.) Zoning: Industrial Plot Ratio: 2.5 COLLIERS i* Tel: *****22 Bedok Road, Singapore 1646 Site
      73 words
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  • COMMODITIES
    • Article
      Lock icon Opec's December output at seven-year high
      477 10 Reuter ALTHOUGH LOWER Opec production figures took effect on Jan 1, December production was at its highest daily level in more than seven years, creating a surplus that could pressure oil prices in coming months. A Reuter survey showed on Wednesday that output in
      Reuter  -  477 words
    • Article
      Lock icon Oil prices fail on news of high production
      299 10 Reuter OIL PRICES closed lower in New York on Wednesday, with the benchmark US crude falling 28 US cents a barrel, due in part to news that Opec oil output reached a seven-year high in December. West Texas Intermediate closed at US$l7.OB
      Reuter  -  299 words
    • Article
      Lock icon Opec and Nopec experts to meet at month-end
      134 10 AFP OIL EXPERTS from six member states of the Organisation of Petroleum Exporting Countries are to meet experts from seven nonOpec countries in London at the end of this month. According to an Opec spokesman, the meeting had been called to discuss
      AFP  -  134 words
    • Article
      Lock icon Zinc and copper prices reach record highs
      411 10 Reuter ZINC PRICES rose to record highs in US dollar terms on the London Metal Exchange (LME) on Wednesday, while copper hit/ an all-time peak in sterling as the firm trend in base metals showed no sign of fading. In pre-market trade, high
      Reuter  -  411 words
    • Article
      Lock icon Floods leave gap in KL rubber supply
      186 10 Reuter EXTENSIVE FLOODING in Malaysia and Thailand in November has left a natural rubber shortage of about 60,000 tonnes in Malaysia, according to the Malaysian Rubber Exchange and Licensing Board (MRELB). The MRELB said in a report released yesterday that demand would continue
      Reuter  -  186 words
    • Article
      Lock icon Crude Oil and Products
      146 10 Telerate FUEL OIL prices remained stable in light trading yesterday. Traders' sentiments were mixed over short-term price trends. Buying indications lor- CSTIBO cargoes ranged widely from US$7O MT FOB Sing for prompt lots to as high as US$73 MT FOB Sing for first-half February cargoes Sellers
      Telerate  -  146 words
    • Article
      Precious Metals
      352 10 HONGKONG: The metal closed little changed in moderate trading yesterday with light selling orders from US investors following weaker silver prices. Bullion ended at U*****.90/409.40 an ounce against an initial U*****.30/80 and stayed above New York's US$4OB 60/409 10 close. On the local market, gold fell HK$l4 to
      352 words
    • Article
      KL Tin
      189 10 PRICES on the Kuala Lumpur Tin Market aaaad a cent to Mslo.ss a kg at yesterday's clom daaplta Increased offerings with turnovar rising to 07 tonnaa from 60 on Wadnaaday. A daalar said: 'Trading waa brlal today with blddars matching offars on tha sacond call." Anothar daalar aald:
      189 words
    • Article
      Palm Oil
      497 10 MALAYSIAN CRUDE PALM OIL FUTURES continued its downward toads 00 KLCE yeBterday in the continued absence of any fresh Dealers said the high stocks of palm oil, palm kernel oil and soyoil were pressuring prices down in world vegetable oil -markets Prices are expected to slide further to
      497 words
    • Article
      Produce Prices
      239 10 Chinese Produce Exchenge Sollon' noon doting prtcoi on Jon 5 (SS/100 kg) Coconut oil M FOB 113.00 Otd drum FOB 123.00 New drum FOB 127.00 Copra MJ*#d (Ioom) 66.00 Pepper Mun»o4 whht FOB NLW 715.00 KM foq NLW Snrn wnk inarlnl 705.00 »f>eCK3l block FOB NLW 445.00 Sorowafc
      239 words
    • Article
      Soybean
      100 10 ACTIVE speculative buying shot soybeans sharply higher late Wednesday with spot January leading gains, closing up 1414 US cents per bushel. Technical buying that touched off computer buystops fuelled the rally. Refco led buyers with about seven million bushels of March, of which about 1.5 million was done near
      100 words
    • Article
      Wheat
      124 10 WHEAT PRICES on tfw Chicago Board of Trade closed higher on Wednesday, setting contract highs in all contracts but September (which matched the previous high) on bullish export news and sharp gains in soybeans. News that China bought 440,000 tonnes of EEP "rt>«at and that the USSR was bidding
      124 words
    • Article
      Rubber
      304 10 SINGAPORE: Prices ended higher yesterday with February One RSS buyer quoted at 206.00 cents a kg, up two cents from Wednesday's close. Dealers said prices rose slightly in thin morning trade on light buying support and they continued to rise in the afternoon on some short-covering of nearby positions.
      304 words
    • Article
      RAS and MRELB
      285 10 RAS prices m s cm*** fc Winbata NOON CLOSE 8vyors Setteri Itiytn C-M wwan Inr 1 RSS Prompt 203.00 204.00N 204JO 205JO Int 1 RSS F«b 89 204.50 ***** 206.00 207.00 Inr 1 RSS Mar 203JO 206JON 207.00 208£0 Int 2 RSS OP 197 JO 199 JON
      285 words
    • Article
      SSR and SMR
      78 10 (oann/kg) FEBRUARY 1989 MARCH 1989 (currant month) d monlh) RAS NOON NOON Iuy#rt Saltan Bvyan Satan SSI 30 186.50 188.50 186.50 188.50 SSI 50 184-50 186-50 184 JO 1B4J0 MRELB laya* Safari tvyan Saltan SMS cv 305.00 307OON 307.00 309.00N SMI I 302-50 304.50N 304.50 306-50N SMI
      78 words
    • Article
      London Markets
      278 10 London Commodity Exchange Buyer/Seller dosing prices on Jan 04, (£/tonne unless specified). Previous closing prices in parenthesis. CoftSS 6a* lrv-stor« 1 nnrtnn U lonoori, laffltn option OF Lor iden Jan 1223/28 (1220/26) High/low 1237/15 Mar 1222/25 (1235/37) High/Low 1250/12 Sal** (6212) Cocoa Mar 992/864 (890/891) HJgh/Low 895/880 May
      278 words
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  • FOCUS
    • Article, Illustration
      Lock icon The US wields the big stick
      971 11 The US-Libya clash over the Mediterranean Sea underscored the tensions between the two countries. FOCUS looks at President Reagan's willingness to flex American military muscle in arguments with smaller powers. The accompanying articles ponder the possibility that the fighting could set back the fledgling
      Reuter; AFP  -  971 words
    • Article, Illustration
      Lock icon Clash could torpedo Middle East peace initiative
      356 11 UPI THE UNITED STATES and Libya are once more involved in aerial conflict, but this time the fighting could ricochet and set back the fledgling Middle East peace initiative. Latent Arab distrust of US motives, barely lessened by America's lukewarm embrace of the
      UPI  -  356 words
    • Article, Illustration
      Lock icon US-Libyan relations have a long history of tension
      484 11 Reuter AMERICAN-LIBYAN relations have a long history of tension rooted in Washington's belief that the North African state is a leading backer of terrorism and in Tripoli's view that the United States is a bullying superpower preventing a just outcome of the
      Reuter; Source: S E Bank  -  484 words
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  • PERSPECTIVE
    • Article
      A drop in the ocean
      511 12 BUSINESS TIMES FRIDAY, JANUARY 6, 1989 IN ASSESSING the impact of the shooting down of two Libyan MiG-23 jets by American fighters on Wednesday, it is important to keep presumed intentions separate from the facts as they are known. In terms of intentions, the Libyans
      511 words
    • Article, Illustration
      Taking a look at the quiet horizon
      1322 12  -  By MARTIN SOONG THE POLITICAL LANDSCAPE this new year appears calm, and the horizon quiet. The uglier and more fractious domestic issues of the past 18 months the Marxist Conspiracy, the Hendrickson Affair, Devan Nair, and Francis Seow are finally beginning to recede
      1,322 words
    • Article, Illustration
      Lock icon A model for other African countries
      611 12 Ghana has emerged unscathed from the jaws of stagnation, turning out 6 per cent annual growth rate for the past five years. But critics say that the country's progress is based on the flow of foreign aid. NYT MORE THAN five years ago, when
      NYT  -  611 words
    • Article, Illustration
      Lock icon Two youthful heads of government out to change history
      795 13 NYT PRIME MINISTERS Rajiv Gandhi of India and Benazir Bhutto of Pakistan last weekend ended three days of talks that South Asian leaders hope will mark the start of a new relationship between the two nations. The concrete results of the
      NYT  -  795 words
    • Article, Illustration
      The India-China dialogue: a new era in the offing for Asia
      1190 13  -  By PINAKI SARBAGYNA RELATIONS between India and China have always attracted the spotlight because, between them, the two Asian giants accommodate more than a third of humanity. Any tension between the countries can escalate into a global conflict. For
      1,190 words
    • Article
      Lock icon US law firms eager to hang shingles in Tokyo
      1146 13 UPI TOKYO, seeking to join New York and London as a worldclass legal centre, is now benefiting from loosened restrictions that once hindered foreign law firms from hanging shingles on Japanese soil. Since the opening of the Japanese legal community to
      UPI  -  1,146 words
    • Article
      Lock icon Japanese women question century-old law
      705 13 NYT REIKO SEKIGUCHI is the name she was given at birth, and that is how she is addressed at social gatherings and scholarly conferences, on research papers, even on letters from her husband. But on the campus of Toshokan Joho University, Ms Sekiguchi is listed
      NYT  -  705 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      34 12 M m anagers /Must f W lanage BT shows you how every Monday. Keep your investment decisions on target k st^T x \o> v i/M/m i o itllllllllflllllj^ :a -7J The I nfair Advantage.
      34 words
  • Page 12 Miscellaneous
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  • LEISURE
    • Article, Illustration
      Lock icon Lack of sleep affects creative ability
      770 14 SLEEP NYT IN A STUDY with implications for the work performance of everyone from students and artists to hospital interns and airplane pilots, a British researcher has found that loss of sleep sabotages creative faculties and the ability to deal with unfamiliar situations more
      NYT  -  770 words
    • Article, Illustration
      Battle of wits at 30 seconds a move
      723 15  -  CHESS Active (or speed) chess is not for the faint-hearted or those wearing cobwebs for a hat, says DEXTER LEE DEXTER LEE MANY PEOPLE have the impression that a game of chess must take practically forever. And they are not wrong altogether
      723 words
    • Article
      Lock icon Working Girl wins six nominations
      210 15 GOLDEN GLOBE AWARDS AP WORKING GIRL, a corporate Cinderella comedy, and Running On Empty, about 1960s activists still on the run, led all other films in nominations for the Golden Globe Awards on Wednesday in Beverley Hills. Working Girl collected six nominations, including best musical
      AP  -  210 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      911 14 HARVEY Where to entertain. ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OK MAIN CXX'RSKS. PAIM «u For between $26+ and $40+ you can select from our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main
      911 words
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      Page 14 Advertisements Column 2
      231 14 u a r -^Tivnisn f-* j* 3 iU 1 Be thrilled by the romantic sights, sounds and flavours of Rome, Florence, Milan... served up on our lavish buffet tables. Sample Lasagne Verdi, Spaghetti Alle Vongole, Torta Siciliana, Strawberries in Marsala Wine... mamma mia! There are over 60 Italian favourites at
      231 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      236 15 Every second's on-the-hase! The Fountain Loune is flowing with the good times. Between 5 and 8 fn daily, for every drink you order you get yocnext FREE. And bottle purchases are at less. There's no happietime to enjoy your favourite drinks and some the best musical entertainment witHends or business
      236 words
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      Page 15 Advertisements Column 2
      49 15 The 'Creme dela creme' of Sherries Harveys Bristol Cream Sherry. Famous the world over for its rich, sweet and mellow flavour. Especially refreshing served chilled or with ice, for all occasions. u v k*iV Pistol CI V Jlt|. rr n JOH* iutfvr* A t* lu r*ovrr» WOBOC* -if V'.
      49 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      665 15 CRYPTIC PUZZLE ACROSS 4 Quietly, often in cunning style (6) 7 Person heartened by Eric (8) 8 On a ship possibly going abroad (6) 10 Takae minced meat (5) 13 It can be taken for a trip (4) 14 Plenty of mutton stew (4) 15 If very soft hearted, this
      665 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1283 15 w sm mm Rich woman, poor man "T OUR CHOICE FRIDAY BACKGROUND 7.50pm, Channel 5 Sexual abuse something that is rarely discussed, admitted or dealt w ith isn't limited to Western societies. It happens in Singapore too, and a special report has presenter Caryn Lim cajoling victims into telling their
      1,283 words
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  • SPORT
    • Article, Illustration
      Lock icon Defiant Bruno planning big upset
      511 16 BOXING AP WISHING his fans a "happy new year", US-bound Frank Bruno predicted on Wednesday that he would pull off one of boxing's greatest upsets and return home as Britain's first world heavyweight champion this century. On the eve of his departure for the US
      AP  -  511 words
    • Article
      Lock icon Lalonde to have first shot at new WBC champion
      307 16 AP DONNY LALONDE of Canada will not fight for the vacant World Boxing Council light-heavyweight title he lost last November, but will have the first shot at a new champion sometime this spring. WBC president Jose Sulaiman confirmed on Wednesday in
      AP  -  307 words
    • Article
      Lock icon Three-way tie for lead at Spalding Invitational Pro-Am
      339 16 GOLF AP PGA VETERANS Bob Gilder and Greg Powers, and fellow American Alan Taple, each shot scrambling rounds of 66 on Wednesday to share a twostroke lead after 18 holes of the U*****,000 Spalding Invitational Pro-Am tournament Powers, who has yet to
      AP  -  339 words
    • Article
      Lock icon New tour for yourg pros
      162 16 AP A NEW US$3 million, 30« vent pro golf tour for young players will go into operation in 1900, PGA commissionsr Desne Beman announced on Wedneeday. Beman said in Carlsbad, California, that the tour had reached an agreement with the Ben Hogan Co in which
      AP  -  162 words
    • Article
      Singapore juniors show promise in Jakarta event
      402 16  -  By CHARLES SAVAGE A FLIGHT of six intrepid Singaporean junior golfers did well enough at last week's Jakarta Junior Invitational Tournament to show that with more support, they could have come home winners. Jason Yeo Singapore's best junior was 9th overall, in a
      402 words
    • Article
      Lock icon War of words before AFC title game
      440 16 AMERICAN FOOTBALL AP THE AMERICAN Football Conference division championship game between Cincinnati and Buffalo isn't until Sunday, but the team's coaches have begun skirmishing over game rules. Buffalo Bills coach Marv Levy said on Tuesday that Cincinnati Bengals coach Sam Wyche was going
      AP  -  440 words
    • Article
      Lock icon Alysheba and Personal Ensign win Eclipse Awards
      188 16 HORSE RACING AP ALYSHEBA, the richest race horse in history, and Personal Ensign, the first major North American race horse to finish unbeaten in 80 years, won Eclipse Awards on Wednesday. Alysheba, who closed out his racing career by winning the US$3 million
      AP  -  188 words
    • Article
      Lock icon Sweet revenge for Higgins
      149 16 SNOOKER AFP FORMER world snooker champion Alex Higgina gained revenge over Scotland's Murdo Macleod in the £275,000 Mercantile Credit Classic in Blackpool, England, on Tuesday. The 39-year-old Irishman, beaten by Macleod in the Fidelity International in September, triumphed 5-2 over him in the third round to
      AFP  -  149 words
    • Article, Illustration
      Lock icon Swedish hot-shot soars to second spot
      340 16 SKIING AP SWEDEN'S rising star, Jan Bokloev, won the third event in the four-hill ski jumping tournament on Wednesday, a victory that propelled him to second place in World Cup standings. Bokloev, known as the "V man" among ski jumping fans for the way
      AP  -  340 words
    • Article
      Lock icon Sweden replaces Davis Cup captain
      323 16 TENNIS UPI HANS OLSSON's commitment to his full-time teaching job has cost him the captaincy of Sweden's Davis Cup tennis team. Olsson, who captained the country to six straight Davis Cup finals but failed to lift his star-studded team paat West Germany in the 1988
      UPI  -  323 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      258 16 n y »,1 SINGAPORE BUSINESS AN OFFER YOU CANNOT REFUSE! 1 computer set to be won each month from January '89 March '89. I THE GIFT YOU WILL RECEIVE i 7YJ <*%. tm < W N* t r- •=> 1 U» 4 MI»« NS »<* rrr^ I. bsk£ SUBSCRIPTION /RENEWAL
      258 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Fair weather ahead for maritime sector
      384 17 w?sm mm™ HOCK LOCK SIEW MARITIME STOCKS came into play in a market which sprang to life yesterday. Word very quickly got around that shipyards were looking to raise their tariffs soon, which could translate into higher profit margins. Major yards here are currently
      HOCK LOCK SIEW  -  384 words
    • Article
      Nanyang Press (M) expected to offer 6.5m shares to public
      493 17 NANYANG PRESS (M) Bhd is expected to offer to the public 6.5 million shares equivalent to 20 per cent of its enlarged share -^capital. > The shares are to be priced Cat M 51.60 each. Nanyang, publisher of Malay--laia's best-selling
      493 words
    • Article
      COMPANY BRIEFS
      212 17 GOLD COM Lid has through its wholly-owned subsidiary, Comfez Ltd. entered into a jointventure agreement with Dejo Agency Co Ltd, a Thai company, to participate in a joint-venture company in Thailand called Zuellig Produce Ltd. The company is engaged in the business of trading and exporting grains and
      212 words
    • Article, Illustration
      Electro Magnetic eyes stake in M'sian company
      501 17  -  Complete automation of local operations planned By ELAINE KOH VIDEOTAPE MAKER Electro Magnetic (S) Ltd is currently negotiating to acquire up to 51 per cent of a Malaysian engineer-ing-based company, which will eventually service its Singapore operations. This was disclosed in EMS's latest
      501 words
    • Article
      Lock icon Faber Merlin revising its capital revamp scheme
      309 17 NST FABER MERLIN Malaysia Bhd is revising its proposed capital restructuring scheme to enable it to write off accumulated losses. Under the new scheme, the property and hotel group is proposing to write off all its accumulated losses amounting to M 5276 million
      NST  -  309 words
    • Article, Illustration
      Mulpha (S) to move into property
      499 17  -  By MAGDALENE NG MULPHA Singapore Ltd will eventually venture into property development, once its $35 million proposed rights issue of shares and guaranteed loan stock is completed later this year. In an interview with BT yesterday. managing director Made Oka Masagung said the venture
      499 words
    • Article
      Lock icon Berjaya Corp now 81.45pc owned by Raleigh
      302 17 MBT BERJAYA CORPORATION (M) Bhd has now become an 81.45 per cent-owned subsidiary of Raleigh Bhd following the close of the unconditional cash offer by Raleigh for Berjaya. Disclosing this on behalf of Raleigh yesterday. Asian International Merchant Bankers (A1MB) said at the
      MBT  -  302 words
    • SES
      • Article, Illustration
        Strong overseas leads and married block deals help boost turnover
        782 18  -  MICHELLE OH A COMBINATION of factors interest in situational stocks, married block deals plus strong leads from overseas markets perked up the stock market yesterday, leading to a jump of nearly one-and-a-half times in business done. Turnover, which has been
        782 words
      • Article
        COMPANY MEETINGS
        87 18 CEREBOS PacHlc Urnlied: 7th AQM at the Singapore Room, sth Floor, Hilton Hotel, 581 Orchard Road, Singapore 0923 today at noon. CHIN TECK PLANTATIONS Berhad: 13th AQM at Registered Office, No. 107-1, Changkat Tambi Oollah, ***** Kuala Lumpur tomorrow at 10.00 am. KINTA Kellas Investments Public UmNed: 61st
        87 words
      • Article
        Unit trusts
        315 18 Managers' prices for Jan 6 Singapore Unit Trust Tha Coommtc* 097 103 Tha Savingi Fund OAS 0.90 S'pora frog Fund 0.37 0.41 S'porn Sac Fund 043 0.48 S'pora Invast Fund 0l47 0.72 S'pora Equity Fund 0.44 050* Asia Unit Trust Mai Invast Fund 1 43 1 53 Mai
        315 words
      • Article
        APPROVED ISSUES
        74 18 Company RIGHTS ISSUE Gwwrol Corp Imh of >49.30«.936 nominal (mount of t% Convertible Unsecured loon stocks (CUtSJ 1988/93 o*it»banol $3 noetaol amount of loan stocks tor every Ave GO stores of $1 eocfc or $2 nominal amount of CMS 1986/93 for every $7 50 nominal amount of Ifce
        74 words
      • Article
        PROPOSED ISSUES
        313 18 Com pony RIGHTS ISSUE C 1 Holdings V mIUoa loon Mocks in tha roHo ol $3 loan stock tor ovary Hw ordinary Cousewoy Inv bM ol $7,252,937 »omi»oi omoumt ol 4% loan Stock 1909/94 on lit* basa ol $1 wlnal oaount ol too* stock with two TSts tor
        313 words
      • Article
        SES SHARE INFORMATION
        5622 18 1988/89 High Low Tel Cod* Company Last Sale JAN OS OCVol ('000) Day High Low Laat < Buyer Si Or** Dtv Dhr C'vr Gr's rw Net PIE M Cap $mH SE30AQ 187 120 170 60% 110 130 78% 199* 144 92 135 126 122 114 t 4000
        5,622 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices broadly higher
        3304 19 MBT SHARE PRICES on the Kuala Lumpur stock market closed broadly higher yesterday in active trading. Business volume shot up to some 16 million shares dealt. While selected blue chips achieved double-digit advances, it was the low-er-priced issues that captured most of the buying interest. Bolstered
        MBT  -  3,304 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lacklustre trading
        491 20 Australia A THIRD successive day of lacklustre trading curbed the response of Australian stocks yesterday to strengthening overseas markets. Brokers said "disappointingly thin" volumes left the local market without direction, despite Wednesday's 33-point rise on Wall Street and a better performance by futures. At the close of floor
        491 words
      • Article, Illustration
        Lock icon Seesaw session
        554 20 Tokyo Reuter TOKYO share prices finished a seesaw session down yesterday but off their lows amid worries over the health of Emperor Hirohito, brokers said. The index hit a record high in early trade on positive sentiment carried over from Wednesday, but ended the morning at its low
        Reuter  -  554 words
      • Article
        Lock icon Petronas chairman urges staff to watch cost
        417 20 Bernama PETRONAS CHAIRMAN Tan Sri Haji Basir Ismail has described 1968 as "a year of achievement" while at the same time urging all staff to "cut our coats according to our cloth" in facing up to the prospects of an srs of US$l3-a-barrel
        Bernama  -  417 words
      • Article, Illustration
        Shares at highest level since June 15
        1344 20 Hongkong HONGKONG share prices closed higher yesterday on turnover of HK$l.Bl billion. the highest since June 15. Brokers said the poetholiday return of overseas fund managers was a strong addition to already active local trade. Turnover was HKSI.32 billion on Wednesday. Properties led
        1,344 words
      • Article
        Lock icon Bangkok: Index up
        153 20 Reuter THE SECURITIES Exchange of Thailand Index rose 6.01 points to 401.54 yesterday on a turnover of 10.226.035 shares worth 759.23 million baht. JAN M Ao Kham Thai Ayudhya Irrveetmeo Bangkok Agro-Jnd •ACT 342 >12 t 36.29 0.25 106 +6 Bangkok 1 Bank Of A Oaroong A
        Reuter  -  153 words
      • Article
        Lock icon Bombay: Further fall
        133 20 Reuter SHARE prices on the Bombay exchange drifted lower yesterday for the second day on scattered selling influenced by end-of-account considerations. Brokers said expectations of higher contango (carry-forward) charges for the business done in the three weeks ended Thursday affected sentiment and kept operators to the sidelines.
        Reuter  -  133 words
      • Article
        Lock icon Seoul: Slightly higher close
        183 20 Reuter SEOUL stock prices closed slightly higher yesterday on balance after late profit-taking erased sharp rises seen in the morning, brokers said. The composite index broke through 930 in early trading to hit 937.34. But heavy selling in the afternoon lowered the index to 921.36 shortly
        Reuter  -  183 words
      • Article
        Lock icon Manila: Profit-taking
        86 20 Reuter SHARE PRICES closed narrowly mixed yesterday after slight profit-taking shaved previous gains on Manila's exchanges, brokers said. "There was some healthy profit-taking that occurred at the laat hour of trading but that was just normal. The market is still on an uptrend," said Ed- ward Lee, president
        Reuter  -  86 words
      • Article
        Lock icon Taipei: Prices plummet
        412 20 Reuter TURNOVER WITHERED and share prices plummeted across the board yesterday as the Taiwan stock index fell to a sharply lower close, dealers said. The weighted index dropped 245.93 points, or 4.8 per cent, to close at 4,873.18 against 5,119.11 on Dec 30. Turnover dropped to a
        Reuter  -  412 words
      • Article
        Lock icon New Zealand: Slight rise
        107 20 Reuter THE NEW ZEALAND share market continued its lacklustre performance yesterday, only taking mild note of Wall Street's 33-point rally. "In the absence of impetus from Australia, I can't see this market going too far," one broker said. The Barclays Index rose 7.79 to 1,845.64. A
        Reuter  -  107 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Blue chips surge ahead
        734 21 New York Reuter A BURST of futures-linked buying and gains on Wednesday inspired by early strength in the dollar and bond prices catapulted US blue chips to their strongest rise in about two months. Much of the advance came in the last hour of trading, helping
        Reuter  -  734 words
      • Article, Illustration
        Lock icon Equities open higher
        981 21 London Reuter LONDON SHARES yesterday responded to Wall Street s strong rise with a broadly based opening advance. Exporters were also encouraged by the firm dollar, dealers said. The foods sector remained buoyant after Wednesday's speculation of overseas stake building in United Biscuits, which opened 5p up
        Reuter  -  981 words
      • Article
        Selected Indices
        103 21 HONGKONG Hongkong Index Thursday 1,***** Wednesday 1,804 70 Weak ogo 1,774.69 All Industrials Thursday 2.457.4 Wednesday 2.449 4 Week ago 2.4754 NEW YORK Hang Song Index Thursday 2.758 54 Wednesday 2.736.83 Week ogo 2.692.40 333 £33 I i l!i TOKYO Nikkei Average Thursday 30,***** Wednesday 30,243 66 Week
        103 words
      • Article, Illustration
        Lock icon Braniff in US$3.5b Airbus deal
        502 21 Airline buying 50 aircraft with option for 50 more Reuter BRANIFF INC is to buy 50 Airbus A 320 aircraft originally destined for Pan American World Airways and take an option on 50 more in an innovative deal valued at US$3.5 billion. The deal provides
        Reuter  -  502 words
      • Article, Illustration
        Lock icon No strategy change in spite of BP episode: KIO
        465 21 Reuter THE KUWAIT Investment Office (KIO) said that its experience with British Petroleum Co pic (BP) shares over the past 15 months would not force a change of its investment strategy. KIO manager Fouad Jaffar, speaking a day after KlO's sale
        Reuter  -  465 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1744 21 Reuter MILAN: Italian shares yesterday closed mixed ahead of the Epiphany market holiday today, with the underlying firm tone counterbalanced by nervousness related to the US-Libyan tension and some technical selling due to the end of the January account next week, dealers said. The MIB index closed
        Reuter  -  1,744 words
      • Article
        Lock icon Japanese ready to finance buyout
        158 21 AP JAPANESE BANKS are ready to provide about US$5 billion in loana to help finance the U5524.53billion buyout of RJR Nabisco Inc. the Kyodo News Service said yesterday. Spokesmen for leading banks, however, said the decision would not be made until the deadline of Friday,
        AP  -  158 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      223 17 CURRENCY INVESTMENT AMI R|( \\l \|>Kt ss HANK TEL: 321 3333 A Timely And Comprehensive Seminar On DOING INDONESIAN BUSINESS IN A DEREGULATED MARKETPLACE Tuesday 24 January 1989 The Hilton International Singapore SEMINAR HIGHLIGHTS Doing Business In Indonesia t Joint Venture Trading Companies Deregulation Of The Import Market Restrictions On
      223 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      33 17 /P/Pssyc/cv cy&v/Z Arw^r7M?£kHt/$ 7& Tfi& A/f/V 06>/£-/P/A/& £&£/£>&£> 72? /A/ /I &d#/^f4//£> '£TM j r,& V W H /ivy cgVMMtyZ Z4<y SAM 7T/&/&' A&rttMA3££, //v A*C/ OMV oo>r </ouK£7Wrz M?r/&^//L&ur/ i ft w &/*&aJt
      33 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      562 20 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO PURSUANT TO SECTION 290(1) (b) MECMAN PTE LTD On the 30th day of December 1968. the following resolutions set ogt below were deemed to be duly passed at an Extraordinary General Meeting of Mecman Pte Ltd pursuant to Section 179(6)
      562 words
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      Page 20 Advertisements Column 2
      433 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO OILFIELD MAINTENANCE SERVICES PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on December 28, 1968. the following special resolution was duly passed: "That the Company be wound up voluntarily and that Messrs
      433 words
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      Page 20 Advertisements Column 3
      470 20 ALLENTINO PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary Oeneral Meeting of the Company convened and held at 50 Kallang Bahru #03-01/06 Singapore 1233 on 30 December 1988 the following Special Resolutions were duly passed:1. That the company be wound up voluntarily pursuant to Section 290(l)(b)
      470 words
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      Page 20 Advertisements Column 4
      428 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 AND IN THE MATTER OF CITYSEC INVESTMENT PTE LTD (Incorporated in the Republic of Singapore) At an Extraordinary General Meeting of Cltysec Investment Pte Ltd duly convened and held at Tan Boon Llat Building. 315 Outram Road, #15-06, Singapore 0316 on
      428 words
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      Page 20 Advertisements Column 5
      431 20 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF BAWAL SHIPPING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE 18 HEREBY GIVEN that a Final Meeting of the members of the abovenamed company will be held at the Liquidators' Office, 47 Hill
      431 words
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      Page 20 Advertisements Column 6
      9 20 Managers must manage. BT shows you how every Monday.
      9 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      327 21 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF EVERFORWARD ELECTRICAL CONTRACTOR PTE LTD (IN CREDITORS' VOLUNTARY WINDING UP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting and a Creditor s Meeting of the abovenamed Company duly convened and held at 36
      327 words
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  • Article
    Lock icon Suharto to announce budget for 1989/90 tomorrow
    654 22 Little room for major changes, say economists Reuter PRESIDENT SUHARTO will announce tomorrow the first budget of a new five-year plan calling for major efforts to cope with a huge foreign debt, growing unemployment and a greater role for the private sector. Indonesia's
    Reuter  -  654 words
  • Article, Illustration
    Lock icon If garbage is a measure of wealth, then S'pore is among the top of the pile
    401 22  -  By SAID ABDULLAH IF THE COMPOSITION of garbage churned out by cities measures their standards of living, then Singapore is among the rich and wealthy, wallowing in waste with New York, London and Rome.
    Source: The Economist  -  401 words
  • Article
    Lock icon Hyundai workers continue strike despite company's plan to reopen shipyard
    273 22 Reuter SEVERAL thousand workers rallied at South Korea's biggest shipyard yesterday and said they would continue their 24-day-old strike despite a management plan to reopen the yard. A Hyundai Heavy Industrial Company spokesman said management wanted to reopen the shipyard
    Reuter  -  273 words
  • Article
    Lock icon S Korea, US to go ahead with military exercises
    137 22 Reuter SOUTH KOREA and the US wilt hold joint military exercises between February and April, despite a North Korean call to cancel the manoeuvres, a Defence Ministry spokesman said in Seoul yesterday. "The exercise will be held as scheduled and we
    Reuter  -  137 words
  • Article
    Lock icon 'Soviets preparing for last phase of pullout'
    399 22 AFP SOVIET FORCES have regrouped and started dismantling equipment in preparation for the final phase of a pullout from Afghanistan, diplomatic sources said yesterday. An Asian diplomat based in Kabul said Soviet troops in Herat in northwest Afghanistan and the major air-base at
    AFP  -  399 words
  • Article
    Lock icon Labour rackets suspected in Saudi diplomat's murder
    143 22 Reuter THAI POLICE said on Thursday the murder of a Saudi Arabian diplomat could be linked to a dispute with local labour procurement racketeers. A senior police official said investigators had not ruled out possible international political motives, however, behind the daytime killing
    Reuter  -  143 words
  • Article
    Lock icon Libya reported to be preparing for attack after downing of jets
    387 22 AP LIBYA was yesterday reported to be preparing for a possible military strike by the US on Tripoli, including Libyan leader Colonel Muammar Gaddafi's residence in the capital, following Wednesday's downing of two of its jet fighters by the
    AP  -  387 words
  • Article
    Lock icon Japanese, S Koreans deny part in suspected Libyan chemical plant
    113 22 AP JAPANESE and South Korean companies have denied reports that they have been involved in the construction of a chemical plant in Libya which the US has said is a chemical weapons plant. In Seoul, the government denied that South
    AP  -  113 words
  • Article
    Lock icon Comex gold
    98 22 Reuter COMEX gold futures yesterday added to Wednesday night's losses on early selling against a strong dollar. Gold for delivery in February lost US$l.4O at U*****.60 an ounce but held Wednesday's low of U*****.00. Analysts said the metal continued to show its sensitivity to the dollar which in
    Reuter  -  98 words
  • LATE FILE
    • Article
      Lock icon EC proposes counter-sanctions
      57 22 Reuter THE European Community yesterday proposed slapping 100-per-cent duties on imports of US walnuts and dried fruit, stepping up the trade clash with Washington over an EC ban on meat treated with growth hormones. Imports of these items were worth about US$lOO million matching the value of
      Reuter  -  57 words
    • Article
      Lock icon Court rejects last-ditch moves
      60 22 UPI INDIA'S Supreme Court yesterday rejected last-ditch legal moves to save two Sikhs scheduled to hang this morning for the 1964 assassination of Prime Minister Indira Gandhi. No legal options remain to prevent the executions of Kehar Singh and Satwant Singh, who had final meetings with
      UPI  -  60 words
    • Article
      Lock icon Oil rig sinks off Java
      43 22 AFP Reuter AN oil rig, Sedco 251. has sunk off the East Java coast following a blowout on Wednesday but all 82 workers aboard were evacuated safely, the Indonesian state oil firm Pertamina said in Jakarta yesterday. AFP,
      AFP; Reuter  -  43 words
    • Article
      Lock icon General, colonel taken hostage
      39 22 Reuter A GROUP of discharged soldiers and policemen took hostage a general and a colonel in a southern Philippines military camp on yesterday and threatened to kill them if the army attempted a rescue. Reuter
      Reuter  -  39 words
    • Article
      Lock icon Three detained for Nanjing clash
      51 22 AFP Reuter CHINA announced yesterday that three Chinese had been arrested in connection with the racial clash in Nanjing that officials had previously blamed solely on African students. A Foreign Ministry spokesman denied that African students had been tortured by police after the clash. AFP.
      AFP; Reuter  -  51 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      294 22 LOST SHARE. CERTIFICATES The following Share Certificates/ together with the relevant signed transfer deeds have been reported lost or destroyed:CHEMICAL INDUSTRIES (FAR EAST) LIMITED Certificate No. In the name of No. of Shares *****95 Lee Hiok Huang 1 x 900 KEPPEL CORPORATION LIMITED *****9 Tan Ong Kok 1 x 1,000
      294 words
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      Page 22 Advertisements Column 2
      431 22 Uad«r t PAGE 12 Focus, PAGE 11 ADVERTISEMENT More of 'Singapore* in Singapore Business PAMPERED PATIENTS Red carpet treatment is becoming the norm not only in the hospitaliy industry but in hospitals. To woo patients, private clinics are going high-tech and pampering the sick with first-class services that even hoteliers
      431 words
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  • SHIPPING TIMES
    • Article
      Ship repair work likely to filter down to Singapore from S Korea
      438 23  -  By LILY FERNANDEZ SINGAPORE'S shipyards are likely to see repair business headed their way from South Korean yards which are now experiencing some unfavourable times. South Korea s biggest shipbuilder Hyundai Heavy Industries shut down its yard in
      438 words
    • Article
      Lock icon EC will impose anti-dumping duties on S Korean line
      270 23 AFP THE European Community has approved plans to impose anti-dumping duties on South Korea's largest shipping firm, Hyundai Merchant Marine. The decision to impose the duties was made after EC officials agreed that Hyundai's rates for shipping cargo between Europe and
      AFP  -  270 words
    • Article
      Bangkok Port's new cranes causing more congestion
      365 23  -  By RICHARD NG BANGKOK PORT'S new shipping cranes which are supposed to alleviate the harbour's congestion woes are adding to the problem, shippers said. International shipping have to reduce the frequency of their routes to Bangkok to adjust to the new delays. Shipping
      365 words
    • Article
      Lock icon European lines worried over impact of US-China agreement
      602 24 Seatrade Week THE UNITED STATES and China recently signed a new maritime accord which, on first impression, promises to be a boon for Sea-Land and American President Lines the two US-flag carriers which stand to gain the most immediate benefit from the
      Seatrade Week  -  602 words
    • Article
      INDEX TO ADVERTISERS
      1075 24 AB Shpg V s ABSS Shpg a 3 AtC Contaanor H 1 Accord Shpg VI 3 Ahrankial l«ar I 4 Alhroni V* 3 AC Toapiar XI 9 A—r icon T(* 1 4 Anro Sarv«a IV 2/3 Arrow lma» a s Anon Ocaon n 4 Alloc Corrogt n
      1,075 words
    • Article, Illustration
      Charter Pacific publishes new handbook
      75 24 THE PORT and Shipping Handbook for 1989 (left) has been published by Charter Pacific Publications, with a number of improvements and updated information. This edition is highly practical for shippers, shipping companies and their agents overseas, and for all those who need information on Singapore's
      75 words
    • Article
      Aussie port efficiency can save traders A$940m
      315 25  -  By JOHN SPIERS TRADERS operating to and from Australia could sava about As94o million a yaar representing about 33 per cent of waterfront costs if inefficiencies in ports were cleaned up, according to the Business Council of Australia. BCA executive director. Mr Peter
      315 words
    • Article
      Lock icon Tanker operators start fixing business with New Worldscale
      295 25 Reuter TANKER operators are slowly beginning to fix business under New Worldscale, but generally bookings are still being concluded on the old schedule or under a lump sum basis, tanker brokers said. Freight rate comparisons will be difficult to ascertain for the
      Reuter  -  295 words
    • Article
      Blast shuts oil platform
      91 25 A GAS blast has shut the big Brent Delta oil platform, slashing a further 5 per cent from Britain's already curtailed North Sea crude output. Shell Expro said. Britain's North Sea production was already about 22 per cent below normal due to an explosion on the
      91 words
    • Article
      BUNKER MARKET REPORT
      537 25 Denatty Wafer Carbon Residue Ash Aluminium Ssdlmsnt KG/M*3 V/V M/M t M/M PPM M/M Exxon rnothod tSO/Cimac ItmMa Spac E2S Spac 035 991 991 1.0 1.0 15.0 18.0 0.10 0.15 30* 30* 0.15* 0.15* Northern Europe 180 Ave 180 Max No above E2S 979 993 1 0.2
      537 words
    • Article
      Lock icon US ship hits wharf
      56 25 Reuter THE US container vessel, Mayaguez, seriously damaged a concrete wharf on arrival at the port of Rio Haina in the southern Dominican Republic on Jan 3, Lloyd's Shipping Intelligence Service said. The stem of the 20,904 dwt ship was dented in an area between draught
      Reuter  -  56 words
    • Article
      LONDON FREIGHTS
      1073 30 SINGLE dry cargo voyage fixing remained slow on Wednesday, but freight rates are expected to stay firm for at least the short term, with numerous enquiries circulating the market and a shortage of tonnage, especially in the US Gulf, ship brokers said. However, actual Gulf grain fixing was
      1,073 words
    • Article
      SHIPPING LIST where your ships are due...and when
      6239 30 AARHLtt Jutlanoia MISC Jan Sriwtiaya Otaaagatrt. Jan ft/12 Evar Glamour Evargraan. Jan 10 Lau M Maa'w una Jan 10M1 Oaaka Bay. PBO Contamara Jan 12 Banavon. Hapag-Lloyd/NYK Lina. Jan 12 VMM Da Vanua. CMA Jan 12 Nlhon. MI9C Jan 12 Korrtgan. MISC
      6,239 words
    • Article
      SHIPS IN PORT
      1015 30 AT CONVENTIONAL WHARVES VmmI Berth Arrival Daparti KEPPEL WHARVES Coty K33 otoagada 12 01 Coatmaat 1 00 oioagada 0*01/0100 Gold laol OS oioagada O*0I*BOO Hugtwoaraw K2I otoagada 0*01/1100 *a«aag K27 otoagada 0*01/0100 Jolmaoaran 00 otoagada 0601/1500 loapwag OB otoagada 060I*»I5 So* Juoa Kl« otoagada 0601 «700 Soatoa*
      1,015 words
    • Article
      BUNKER REPORT
      813 32 THIS FORTNIGHTLY REPORT, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars, instead of single prices for more comprehensive description of the market. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual changes
      813 words
    • Article
      Filipino seamen likely to enjoy more employment opportunities
      413 34  -  By AL O LABITA Jr PROSPECTS for the employment of sea-based Filipino overseas workers abroad will continue to be bright this year, the Philippine Overseas Employment Agency (POEA) said In a year-end report. It said "the prospect for Filipino seamen is very
      413 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      742 23 > v V* TIMES STP Distributors JARDINE SHIPPING AGENCIES (NEW CR NO IS 3242K*****C) 200 Cantomnent Row) #12-05 Southpoint. Singapore 0208 TH *****11 TELEX NO RS ***** TCRMINAL/CFS Ttl *****18 220 BOOKINGS Tel *****34 235 PCSAKA JARDINE SNIPPING AGENCIES SON BHO PORT KELANG TEL: *****18 Tete. No MA*****/MA***** PENANG TEL
      742 words
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      Page 23 Advertisements Column 2
      109 23 THE UNITED STATES and China recently signed a new maritime accord which, on first impression, promises to be a boon for Sea-Land and American President Lines the two US-flag carriers which stand to gain the most immediate benefit from the four-year treaty. P»g« II TRADERS operating to and from Australia
      109 words
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      Page 23 Advertisements Column 3
      705 23 su MAERSK LINE T* ETD Singapore DESTINATIONS Thi» »Nk Leia M Closing Time CY 9/1 2300 MRS CFS 9/1 1300 MRS LEXA M 8902 10 1 MCKINNEY M 8902 16 1 LEDA M 8902 24'1 LIC A M 8902 31/1 MARIT M 8902 7/2 MARCHEN M 8904 14/2 MARGRETHE M
      705 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      606 24 Hapag-Lloyd CONTAINER SERVICE FROM UK/CONTINENT R DAM/ ANTWERP LE HAVRE SOUTHAMPTON KAOS PORE HONGKONG HSIUNG VOV NO HAMBURG P KELANG 5/1 OSAKA BAY PILAR TOLAGA BAY NIPPONICA CALLING AT TYO 12/1 CONV/SEMI-CONTAINER SERVICE TO MED EUROPE JBREMERHAMBURG HAVEN Agents: Singapore *****00 Bookings *****08 CFS *****48 Fa* *****38 K. Lumpur *****25*
      606 words
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      Page 24 Advertisements Column 2
      105 24 Lines and services represented by /-^SW6^\ Members of the Registry of Accredited frvSAu Shipping Agents, Singapore National \-MZ~Jtzl Shipping Association. CSAV Corrpania Sud Americana dc Vapcres S A SERVICE to/from CHILE fIEDC* Is PORt IkOTHCR VESSEL VCSSCI HK TOKO ARICA tQQ AN TOf ALP SAI CSAV 2 12/1 CARRIER I
      105 words
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      Page 24 Advertisements Column 3
      460 24 POLISH OCEAN LINES Singapore "P K ,l Vmel/VOYAGE NOU AUK LYN VILA A. GMTT6ER/Z7 1/12 11/12 14/12 23/12 I RURRNSKI/24 1/01 S*l EXPORTS DIRECT CONTAINERISED SERVICE TO CANARY ISLANDS vessel/voyage pSc So rS7 i.C. KORZENIOWSKI/a (77 «1) (27*1) 31*1 P. MIER2EJEWSKI/2I (17*7) (17*7) CONVENTIONAL SERVICE TO S E ASIA EUROPE
      460 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1210 25 Straits Steamship Group CONTAINER SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK PtCASUS PIONEER VI4N 1112 Jm 14-1S JM Pt CASUS PtOCHESS VSS4N 14-15 lan 17-U J«i BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 SINGAPORE TO SABAH X SARAWAK AND BRUNEI
      1,210 words
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      Page 25 Advertisements Column 2
      592 25 NOTICE j in B j il3in11l]■ i 11■ 11 h OBITUARY It is with deep sorrow we announce that after a short illness, W.J.V. Cook (Bill) passed away peacefully at Western General Hospital, Edinburgh, on Monday, 2nd January 1989. May his soul rest in peace. ma EE m mji L_<j_
      592 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      349 26 EXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE 1m Singapore ETA 27/1 Loading for BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL HK 1 KYOWA VIOLET V 23 2»/l ■KYOWA HIBISCUS V3S 21/2 LOAD FOR VILA. NMA. LTK, SUVA. PAGO. APIA VILA. NMA. LTK. SUVA.
      349 words
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      Page 26 Advertisements Column 2
      875 26 HANJIN SHIPPING CO., LTD. TO EUROPE VIA SUEI HUMCER MIOCE 1« CHOYANG SUCCESS 1« HANJIN ROTTERDAM 1W KOREAN JACEJIN 47* FULLY CONTAINERISED SERVICE L«Me*r« R daw Htyrf I'fcaven Fit* 26/1 27/1 30/1 31/1 27/1 «/2 9/2 Iflfi 12/2 13/2 nn zin m nn va 1/3 *3 UV3 12/3 13/3 TO
      875 words
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      Page 26 Advertisements Column 3
      65 26 r V* THE PAN-ISLAMIC STEAMSHIP M. LTI- E NAJAH 11 Jan KARACHI WORLDWIDE PACIFIC MARITIME (PTE) LTD. TIL *****11 LIN LIN SHIPPING PTE. LTD. 1 lb|itinc Port M 01 C««trji Bmldinf Smftpore 01« T*l U3MI4 I iJJH?? WEEKLY SERVICE S PO«E r O KUCHffuG SfltJ SARIKEI PAStfi GUOANG Agents PASIR
      65 words
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      Page 26 Advertisements Column 4
      1113 26 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SCP HKC KSC KLC PUS OSK TYO CMS BAL NYC IHV werooloen hn 1W iui im m M an am aotf um um mm am a rc. mi 55 EVU GENIUS m !U1 Ml !?n sn BV Ml 14«3 SSSKK. i2222£55 *«"'35-
      1,113 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      786 27 PACIFIC INTERNATIONAL LINES AV\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE BANGKOK CONTAINER SERVICE m» BHUM SEA GLORY SIN VESSEL VOY MAJARAMT 31 SB HOT A MAWAA MBI HOT A MAWAR MO2 QOWA MM KOTA MAWAA SBO3 SBV SM< In n
      786 words
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      Page 27 Advertisements Column 2
      225 27 COS CO CHINA OCEAN SHIPPING COMPANY UKC COMVPmOHAI KK PCO F.KIf Ptn JIANG CHUAN 10/12 YIN CHUAN 21/1 Rottardan/Antwarp Rotterdam/A ntwarp P«u«e Pklf Span BU Hkg Shai QinyUo SHAN CHENG 23/1 17/1 24/1 27/1 3/2 7/2 YANC FANG KOO V 2S/1 27/1 31/1 4/2 1/2 Accepting FCL Carfo tar *11
      225 words
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      Page 27 Advertisements Column 3
      601 27 I I vm BEN UN E CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT JTWI HI I MAVtN IDAM HAVtt *1 W W 1/2 Ifl *b an un un an uo to ta on vn m an an on on an on an an an an w w vi u W V\
      601 words
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      Page 27 Advertisements Column 4
      548 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYO P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY PALEM6ANG/11W6 SRIWIJAYA/25W8 KUTAI/16WB ANTWERP H'BURG/ ROAM/ADAM BREMEN 7/2 11/2 13/2 17/2 K/2 3/3 Sublet to InducomanL Atoo accepting cargo to Caaatolanca, Port SaM, Port
      548 words
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      Page 27 Advertisements Column 5
      385 27 rage v BOUSTEAD SHIPPING AGENCIES LASH to vub HTONEYWA V2«2W PA-AN vim BURMA FIVE STAR SHIPPING cnßpniuTinii (Burmese National Line) Loading for Rangoon S'POf* P.K«lang Penang Bangl r z I? 4 S3 BANK UNE l-CONTAINER SPBviPF IVYBANK V23N TAUSALA SAMOA VI4N MORAYBANK V7N SPORE ROAM HULL HMBG 20/1 IA/2 2S/2
      385 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      675 28 'Kline KAWASAKI KISEN KAISHA. LTD. ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE N. AMERICA-ATLANTIC COAST VOV *INDO 23 9/1 •PK/PNG 10/1 1W 2«/ l 31/1 N. AMERICA PACIFIC SOUTH-WEST HUMBER BRIDGE TRANSWORLD BRIDGE NEPTUNE RUBY ACE CONCORD CHINA CONTAINER 48E HONGKONG CONTAINER 58E KOREAN JACEJIN 46E KOREAN JACEWON 66E
      675 words
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      Page 28 Advertisements Column 2
      541 28 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Smpport P HMtnt Pananf LOK}.n« tor Mottw 1V By Faadar By MO* 10*" rrwi,«wb/srdn/*<w I**®" 1 F 1 F<S«l/INb/S|*WA*l 5 2 Mar 2 Mar Frsm/«Mb/Sr*l/AM TULSIDAS *40 I Apr 1 Apr 1 Apr From Malt) SrOr AM INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL
      541 words
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      Page 28 Advertisements Column 3
      485 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 73 Tftio* Avar StrMt SINGAPORE 0104 TIL S34JM (II LINIS) Fu *****04 STRAITS/PERSIAN GULF SERVICE: QOtOCN IiAR Coiombo/KiridN/Outii QOCOtN HARVEST Cotombo Kmc* tM* Wn» CHINA SERVICE A VCSSCL H|««Ui Stanch* Sport PKctoflt Penanf 11/11 Jm a/a tm CHINA OCEAN SHIPPING CO., PEKING THE
      485 words
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      Page 28 Advertisements Column 4
      474 28 »i,vj iirata, rnaay, January 6, 1989 PHILI Oni€NT UN€5 PT€ LTD Hf AO OFFICE (1 POIiNSO* ROAD «07 12 AFRO ASIA BUILDING SINGAPORE 0105 lEIEX RS ?87?0 PMILI FA( *****T6 i/iiJi-iMfTTi i ETA SINGAPORE r*v BtWHADC VI |CMITTACOWC EAST/WBI AfWCA/MB. FB. ft LCI SBtVKt BfIRA, TAMATAVt. P. SUDAN. HUN KM
      474 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1016 29 \\NEPTUNE ORIENT LINES LTD «R!SSS 'V J Bihru NEPLINE SON B* FAR EAST/EUROPE HMIY COtfTANKmEO SERVICE A mmbf oi Mm ACE Cor TO EUROPE/UK (VIA SUEZ)* PKeiang Spore Hnn F stove It'dam M BRIDGEIW* In Pt 8/1 26/1 27/1 28/1 TVBRIOGEMM. (13/1) IVI 2/2 3/2 4/2 N RUBY (21/1) 23/1
      1,016 words
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      Page 29 Advertisements Column 2
      440 29 9f OOHAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG. PENANG. KEELUNG. BUSAN. INCHON STRAITS/KOREA SERVICE V«u«l l Nam* ETO KS S PORE PKLC KEt BUSAN MO JI NO DON AM/111 N 24/12 In fort 10-11/01 11-19/01 23 24/01 22/01 •GLORIA II4N 25/12 OS-OMJI 07-07/01 15-IVOI 20-21/01 20/Q1
      440 words
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      Page 29 Advertisements Column 3
      717 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 ***** PCNANG p KELANG HAWW SYSTEM CO SON BHD PASI» CjiDaSc 72 ft* **»<■ Satan** Malays* MISFmSK" SM
      717 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      231 30 B DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE ."¥IA LMWACA. ACCEPTING CAttO FOR UMASSOL BEIRUT, LATTAKIA, ALEXANDRIA. TORT SAID. PIRAEUS, TMESSAIONIKI, IZMIR. MERSIN, ISTANBUL TO COLOMBO ft INDIAN SUB-CONTINENT OUTBOUND HAVULAND 209 accepting for: MAMAS, CALCUTTA. COCHIN. CHITTAGONG,
      231 words
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      Page 30 Advertisements Column 2
      77 30 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN HEMKS ACE «7 iHiaMcaHiiaaaaai ifflaiaQaaaaQia lEMEßDlcacjrannrai IQIQIBIBIBBdBiISId 1 IQBQQQQE^QIQa ILJ J J u i m I FROM JAPAN TAIWAN HEMKS ACE «7 ifflouaaaaal BIBBBIBmiBBEmiE mujijuiiiTij fcjfcMMKiEmmEumi KKSLMSS" 8 (8) PTE LTD TEL: 225WM W. MALAYSIA AGENT: TRANS-ASIA SHIPPING
      77 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      160 30 Ti I Regional Weather 1 3k P 2 I! ■i Va m IS SK Ik *c o w W*kJ Erection with speed m knot* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. Jan 1,1M9 LEGCMD R Thunderstorm T »niprotur« c A, y Shower Weother W*kJ drection with speed «knot* ee
      160 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      692 31 Tel:aB4 QISS Y. REGULAR EXPRESS FCL& LCL SERVICE c. «mw ai TNT Uprwa m Alto accepting cjffo to AUSTRALIA AdtUxte. Bnttunc NEW ZEALAND «Mlin(ton. N»pt«f Chrutchureh TO USA/CANADA 16 DAYS TO SYDNEY! FROM USA/CANADA/EUROPE/MEDITERRANEAN AGENTS FARGO SHIPPING COMPANY (PTE.) LTD. 15. HOE CHIANG ROAD, 13 02. SANFORO BUILDING. SINGAPORE 0208
      692 words
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      Page 31 Advertisements Column 2
      185 31 CSP SHIPPING AGENCIES PTE. LTD. TEL: *****66 (16 Lines) Tlx: ***** CSPFRT Fax: *****61 SIM SWEE JOO SHIPPING SDN. BHD. i EXPRESS TO MNTIH.U SWEE LONC SATU Voy 1« P Ktlang In Pari Loadtng for Bintulu. Miri. Kuching RIBUAN JAYA CONTAINER! Voy 12» Agents: JAMBATAN MERAH SDN. BHD. P. Kelang:
      185 words
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      Page 31 Advertisements Column 3
      1086 31 BOOKING: *****22 PLUSCOL MENATIOm PTE LTD TEL: 223 9988 THE BEST DIRECT/TRANSHIPMENT RATES JAKARTA 14/1 21/1 SURABA YA 12/1 20/1 BEL AW AN 11/1 14/1 BANGKOK 11/1 14/1 PT KELANG 11/1 14/1 PENANG 11/1 14/1 PERKINS PERKINS SHIPPING PTY. LTD. Oarwtn, Australia DIRECT SERVICE TO DAMWM/PT. HEDLANDVBROOME* Aocwpßng Braafcbuft. H«avy-tm,
      1,086 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      589 32 m FINE-LINER SHIPPING PTE LTD /O Shenton Way 04 0?C Minna House S pore 0707 TEL ??WO/7 (8 Lines) TLX RS ??W1 FLINER TAX J25;856 EUROPE SERVICE (FCL LCL) -U' Tllll H FAR EAST SERVICE (FCL LCL) mY.S.N.LINE REGUWR JAPAN HONGKONG/STRAITS SERVICE C.S. Aki Prima Oui Yamakuni Maru Edo Maru
      589 words
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      Page 32 Advertisements Column 2
      645 32 ZIM FULL CONTAINER SERVICE accepting FCL/LCL carfoet to USA East I Wett Coast CarnbbeanEait Canada HAITI Costa Rica. El Salvador Guatemala Honduras Venezuela Peru. Ecuador. Colombia via Miami Trinidad. Barbados Antifua St Lucia. Hontserrat. Goayana via Kin(ston AUSTRALIA CONTAINER SERVICE ZIM EILAT CONTAINER LINE ETH AIX vn Accep«.»n FCL T#
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      285 32 LOADING FOR CALLAO. MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Pananf* P Katane* Sinpport MURRAYEVERETT 17fll Jan THOMASEVERETT 22/3 Jan HUGH EVERETT 4* Fab T?JT*WU nrarr Everett Steamship Corpn.S/A Clifford Centre Harr«*ons Cfostieid Singapore P Kelang fc
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      460 33 Seabridgfe SEABRIDSE EM 8 SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM. RTM. L. HAVRE. ANT. GENOA. ARAHUS. STOCKHOLM HEL. CPH GOTBG. MARSEILLES. OSLO 1 ALL INLAND DESTINATIONS POINTS. SEABfHMSE m EAST. AETNA* CHINA SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG BKK, JKT, NKG,
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      142 33 Consolidation Service PAPUA NEW GUINEA SIN: 23/1 PT MORESBY/LAE PACIFIC ISLANDS SIN: 27/1 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLANDS SIN: 6/1, 28/1 PORT LOUIS/REUNION TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ BANGUI/KINSHASA TTA Freight Pte Ltd Tel: *****55 tlx rs ***** JAVELIN SHIPPING PTE LTD
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      571 33 i SING KWANG HANG Pi 4HIPPIMG 4 TRANSPORTATIOM <PTt) LTD f M WEEKLY LCL/FCL SERVICE DESTINATIONS ETA SMQAPORE PORT KELANG 7 JAN MANILA 10 JAN HONG KONG. ALL CHINA PORTS 7 JAN KEELUNG. KAOHSIUNG 12 JAN BUSAN 10 JAN TOKYO. KOBE 10 JAN CHITT A GONG 10 JAN DUBAI 8
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      Page 33 Advertisements Column 4
      543 33 GLORY NAVIGATION GROUP REGULAR LINER SERVICE" TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' SP PRL PN Bl* KAON CtOtY St LATAH VI Voy 17 PPW PSA 8/1 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN
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      Page 33 Advertisements Column 5
      386 33 PTC CONTAINER LINES FCI'ICL SERVICE RC GftOUP SIN FAR EAST 10/1 KEELUNG/KAOHSIUNG 9/1 BANGKOK 15/1 MANILA 14/1 JAKARTA 11/1 PORT KELANG/PENANG 12/1 BUSAN 10/1 TOKYO/YOKO/KOBE 10/1 HONG KONG also accepting cargo f 4 to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai UN EUmPE/BK 8/1 RDM/HAM/ANT/LE HAVRE/GENOA J 8/1 LDN/FLX/LVP/SOU SIN MSA/CWA 8/1 L.A./NYC/SFO 11/1 VANCOUVER/TORONTO/MONTREAL
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      391 34 Hai Sun Hup Co (Pte) Ltd nrL r EL *****06 (20 Lines, TLX HS ***** RS ***** m tV \SI I k\ \K I K III). STRAJTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0& HEAVY LIFT! Senboku 20/1 28/1 Mizushima 17/1 •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG
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      Page 34 Advertisements Column 2
      444 34 T a COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEM-COKTAff€R SERVICE TO SPORE AYBANK V6S In Port Port Moresby. Lae, Rabaul, KimtM OLUMBUS NIUGINI V3S| 23/1 Port Moresby. Lae. Rabaul. Orotoa Accepting LCL cargo for main ports discharge and also to Wewak. Kavieng, Alotau, Kieta, Honiara via
      444 words
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      Page 34 Advertisements Column 3
      347 34 w P.T. MASKAPAI PELAYARAN PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG PNG AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 INDONESIA SERVICE VSL PUL ADIL MANDIRI PUL
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      759 34 /M TO EUROPE FEEDER CALL US AT: P KELANG PENANG J. BAHRU P GUDANG SINGAPORE i K. LUMPUR *****53/*****11 04-*****2/4. *****3 07 *****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE SINGAPORE I LEHARVE LiiliiU'.v lM!M" ?T? !H.n rnrr: TT OTHER DESTINATIONS AARHUS. AMSTERDAM ANTWERP. BASLE BREMEN
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