The Business Times, 11 January 1989

Microfilm: NL16449
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, JANUARY 11, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    259 1 Dow Jones up NEW YORK stock prices yestreday opened slightly higher in active trading on Wall Street, with the Dow Jones index of 30 leading industrials picking up 2.86 points to 2,202.32 points five minutes into the session. Some 7.5 million shares had changed hands, with advances
    259 words
  • Article, Illustration
    Heavy buying in regional markets
    229 1 STRONG leads from overseas continued to push regional markets to new heights in performances yesterday. The Singapore stock market continued its rally with share prices rising on a broad front. There was increased institutional play with some blue chips making further advances. But profit-taking later
    229 words
  • Article
    MS recovers after hitting record low against US$
    110 1 THE MALAYSIAN ringgit recovered smartly against the US dollar during late trading yesterday, following intervention by Bank Negara once the local unit fell to a record low earlier in the day. The central bank intervened to sell US dollars after the ringgit
    110 words
  • Article
    Lock icon Siddhi, Co Thach agree on peacekeeping force
    515 1 AFP THAILAND and Vietnam agree on the international aspect of a solution to the Cambodian problem, Vietnamese Foreign Minister Nguyen Co Thach said in Hanoi yesterday. Mr Thach also said, following a meeting with Thai Foreign Minister Siddhi Savetsila, that the two countries
    AFP  -  515 words
  • Article
    Hong Leong makes cash bid for Apollo
    500 1  -  By Corrine Lim THE HONG LEONG group, through a private company, is making a takeover bid for Apollo Enterprises Ltd at an offer price of $1.70 cash a share. This follows an agreement under which Hong Leong Enterprises Re Ltd (HLE) will acquire
    500 words
  • Article, Illustration
    C&C to take over Mazda franchise in Malaysia
    578 1  -  Group intends to broaden its franchise base By CORRINA LIM CYCLE CARRIAGE, the distributor for Mercedes-Benz cars in Singapore and Malaysia, is taking over the franchise for Mazda passenger cars and commercial vehicles in Malaysia. The Mazda franchise in Malaysia and Singapore
    578 words
  • Article
    First local marine hull insurance syndicate set up
    383 1  -  By SOH TIANG KENG Financial CoiTMpondtnt SEVENTEEN insurance companies, including 11 from Singapore, yesterdsy Isunched the republic's first syndicate aimed specifically at tapping lucrative global business in marine hull inauranee. The syndicate, which la renewable every year, will create an underwriting capacity
    383 words
  • Article
    BT Top 100 companies
    64 1 SHAREHOLDERS of Singapore's TOP 100 companies are getting better returna for their investments, going by BTs latest ranking of tha Top 100 baaed on ahareholders' funds as st Dec 30, 1068. Find out which company haa the higheet/loweet returns on equity, which are the new entrants
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  • Article
    Lock icon KL panel to study malpractices
    134 1 Bernama A SPECIAL Cabinet committee to study malpractice* in the Malaysian government was formed last Nov 30, Education Minister Anwar Ibrahim said in Kuala Lumpur yesterday. Mr Anwar, who is the committee's chairman, said the decision to set it up had been taken by the
    Bernama  -  134 words
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      60 1 M BRUNO MAGLI C«-ntf*i>o«nt §01-10. 1760f>chard Pfcxnl Sm»if)oieo923 lei 717 4509 Kxum Cillrru §0' 46. >8 I On haid Ruml Sinmporr 0921. W 712 0961 Open LXrfiiy from 10 00 am to 8 00 i*rn SPACE AND TIME WHEN YOU NEED TO BUY, SELL OR LEASE SPACE AND THERE'S NO
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      224 1 Full report, PAGE 16 Regional Mkts, PAQE 18 COMPANY NEWS Editorial Comment 10 Flaying a dead emperor Video cameras 10 Going easy on the consumers Hongkong political scene 11 Challenging apathy in the colony SCCCI election 2 Six council members not running Chinese economy 3 Under pressure to devalue yuan
      224 words
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      Page 1 Advertisements Column 3
      11 1 Kwek Hong Png J gardon to call his own PAGE 10
      11 words
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      Page 1 Advertisements Column 4
      42 1 FA I! A H The original Hopsack slacks for men Pa/ha*de Cartier m m A* 1 H I^L\ r"\ ky mu/f d? Cartier Boutique/ SINGAPORE #01 36. Lucky Plaza. 304 Orchard Road Tel *****27 #01-04. Hilton ShoppngGalery. 581. Orchard Road Tel: *****95.
      42 words
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  • HOME NEWS
    • Article
      Six SCCCI council members not running for re-election
      445 2  -  Chamber president tipped to win another term By LILIAN ANG SIX MEMBERS of the Singapore Chinese Chamber of Commerce and Industry's (SCCCI) 44th council have decided not to stand in the coming election. And as nominations for the chamber's 45th council closed
      445 words
    • Article
      Citizens reminded of civic duty
      356 2 PRIVATE CITIZENS should take the initiative and organise community activities spontaneously, says a committee that's studied community life in Singapore. In a report released yesterday, the Committee on Community Life said that residents had become too dependent on grassroots organisations to cater to their interaction
      356 words
    • Article
      Date for $24m cheating, CBT case put off
      114 2 THE CASE against the Japanese managing director of an international commodities firm on 1,755 counts of cheating and criminal breach of trust involving $24 million was yesterday postponed to Jan 31. Norihiro Kihara, 47, of Futureiink Re Ltd, has been in remand
      114 words
    • Article
      Seow trial postponed for prosecution to consult experts
      244 2 DESCRIBING the latest medical report on lawyer Francis Seow as "skimpy and bereft of particulars", the prosecution was yesterday granted a one-day postponement of Seow's tax evasion trial to give it time to consult medical experts on the report's contents. The four-paragraph
      244 words
    • Article
      Coordination pays off for Criminal Affairs Dept
      172 2 COORDINATING civil claims and criminal enforcement has brought Singapore's Criminal Affairs Department (CAD) success in fraud investigations, said the Attorney-General yesterday. Mr Tan Boon Teik added that combining the two areas enabled the recovery of criminal profits, an important deterrent in economic crimes.
      172 words
    • Article
      Sikh leaders warned against action that will create tension
      258 2 THE POLICE yesterday called up leaders of the Sikh community to warn them against taking any action that could create tension among different racial or religious groups in Singapore. The move follows an announcement in The Sunday Times obituaries column on
      258 words
    • Article
      Firm to take over some of URA's duties
      112 2 THE URBAN Redevelopment Authority (URA) has transferred the ownership and management of its properties to a newly incorporated company. PI DM ECO (Property Investment, Development and Management Co), formed last week with an authorised capital of $1 billion, begins operations on April
      112 words
    • Article
      Meeting offers both business and pleasure
      145 2 MORE THAN 100 organisers and buyers of incentive travel packages are in town this week for the 1989 Pata Incentive Travel Mart and Seminar. The event, which is being held for the second time in Asia, kicked off on Monday with Singapore presented as
      145 words
    • Article
      Three main tasks for Ministry of Communications and Information
      366 2 THE MINISTRY of Communications and Information will stay on track with its three main missions over the next five years. They are: to promote the growth of the transport and communications industry, to run a safe and efficient domestic transport system,
      366 words
    • Article, Illustration
      A place for fine arts in education
      269 2 BESIDES producing technicians and other skilled labour needed by the economy, the Education Ministry is also gearing up to produce people grounded in the fine arts. Over the next five years, four tertiary institutes will be built to train technicians and commercial personnel.
      269 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      145 2 'J v V "0j i* i Singapore Changi Airport Presents The Airlines And Their Worlds. International companies participating at Travel World '89 include airlines, national tourist and travel associations, agents, hotels and others in the travel industry eager to establish business contacts and sales. Not only that! Many exciting promotions
      145 words
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      Page 2 Advertisements Column 2
      100 2 The pleasure of Pancakes.. Our chef has decided on the more popular choices which come in a variety of fdlings. These are: vegetable at $11-, beef at $13, pork at $12/-, seafood at $18/- and our Chefs special pancake k at $20/-. M SENBAZURU (APANtSt RtSTALRANT (Level 6) The Japanese
      100 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Hyundai workers vow to continue strike
      434 3 Reuter THOUSANDS of South Korean shipyard workers yesterday vowed to continue a month-long strike, urging other workers to join them, company officials said in Seoul. More than 3,000 protesting workers at Hyundai's shipyard in the southern city of Ulsan refused to return to work,
      Reuter  -  434 words
    • Article
      Lock icon Seoul reports jump in direct overseas investment
      182 3 AP DIRECT INVESTMENT overseas by South Korean businesses last year rose 34.6 per cent to US$4BO million from a year ago on an approval basis, the Bank of Korea reported in Seoul yesterday. The central bank did not say how much of the
      AP  -  182 words
    • Article
      Lock icon Israel presents six-point peace plan to US: paper
      210 3 AP ISRAEL has submitted a six-point Middle East peace plan to Washington accepting United States and Soviet participation in a Middle East peace conference, the state-run Al-lttihad newspaper of Abu Dhabi reported on Monday. "The plan shows that Israel is ready to
      AP  -  210 words
    • Article, Illustration
      Lock icon Japanese firms in US react quietly to Emperor's death
      328 3 Reuter JAPANESE COMPANIES doing business in the US shied away on Monday from marking the death of Emperor Hirohito with special services. "The subsidiaries are US corporations in principle," said Shinichi Nishikawa, spokesman for Hitachi Ltd in North America. The big
      Reuter  -  328 words
    • Article
      Lock icon Foreign investment in Taiwan drops 16.7 pc
      217 3 AFP FOREIGN INVESTMENT approved by Taiwan fell 16.7 per cent from a year earlier to US$l.lB billion in 1988. Taiwan's Investment Commission said on Monday that approved investment from foreign nationals fell 13.2 per cent to US$l.O6 billion involving 438 projects while approvals
      AFP  -  217 words
    • Article
      Lock icon Beijing under pressure to devalue currency
      551 3 Inflation and domestic demand hitting exports Reuter RECORD INFLATION and soaring domestic demand are causing China's trade deficit to worsen, putting pressure on the government to devalue the currency, said the official press and Western economists. The currency's depreciation, caused by inflation, is in
      Reuter  -  551 words
    • Article
      Lock icon Rise in retail sales highest since 1949
      222 3 AFP RETAIL SALES in China soared 27.8 per cent last year to 740 billion yuan (US$2OO billion), the highest annual increase since the communist takeover in 1949, the New China News Agency said on Monday. Overheated demand for consumer goods and panic buying
      AFP  -  222 words
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      91 3 it pirn OU YANG LIANG RONG GUZHENG SOLO Volume One \n excellent debut album from one of the best players in the world. I eatiiring 10 >»reat Chinese instrumental pieces. uuea kj.hi ri v. a Y>w. <r i. :i:- fJi'i lLi'm >|i \miliiblf <111 n\\4-ttr uml I) GUZHENG SOLO BY
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      Page 3 Advertisements Column 2
      17 3 Mi mk v 'W jfc is M fc* Ifc B J X c v Model Generation (Automatic)
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      84 3 Doonesbury USTBN, IS IT OKA/ IF I CALL HER *BABY DOE"? i I HAVE TO CALL HER SOMETHING HNS. INYHING ise? 0H... YEAH, TWO THE KITS IN THINGS. WHERE DO TtefMTRV. YOU KEEP THE FIRST START HER AID KJT, AND WHAT NAP ABOUT TIME IS HER NAP 2 TWO. BY
      84 words
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  • REST OF THE WORLD
    • Article
      Lock icon EC looks into US letter on meat inspection
      501 4 Warning may heighten tensions, say officials Reuter THE EUROPEAN COMMUNITY'S Executive Commission is to check on the implications of a letter the US has sent to nine Western European countries regarding their meat inspection systems. The letter would normally be part of
      Reuter  -  501 words
    • Article
      Lock icon German official raps US over Libyan plant issue
      271 4 AP A RANKING West German official has lashed out at the US, saying American accusations that a West German company helped build an alleged Libyan chemical weapons plant have "totally discredited" businesses in his country. Hans Stercken, a federal lawmaker and member
      AP  -  271 words
    • Article, Illustration
      Lock icon Shevardnadze unconvinced by US allegations over Libyan plant
      512 4 UPI SOVIET Foreign Minister Eduard Shevardnadze, delivering a surprise snub to Washington, has said that the US has provided no proof that Libya is building a chemical weapons plant and called on the Reagan administration to defuse tension In the Mediterranean. "The
      UPI  -  512 words
    • Article
      Lock icon Bonn clears second firm of Libyan connection
      200 4 AP A SECOND West German company has been cleared of involvement in a Libyan plant suspected of being a chemical weapons factory, a Finance Ministry spokesman in Bonn said on Monday. Spokesman Walter Prax said the Hamburg-based Pen Tsao medical material company, a
      AP  -  200 words
    • Article
      Lock icon British wholesale prices up 0.2 per cent last month
      178 4 AFP BRITISH wholesale prices rose by 0.2 per cent in December compared with November, according to preliminary figures, not seasonally corrected, released on Monday by the British Trade and Industry Ministry. The rise was less than the 0.3 to 0.4 per
      AFP  -  178 words
    • Article
      Lock icon Chemical weapons threat hangs over Israel: Arens
      411 4 Reuter ISRAEL says it faces an immediate chemical weapons threat from its Arab enemies, Iraq, Syria end Libya, and hss taken steps to defend itself. Foreign Minister Moshe Arens made the charge at a 140nation chemical disarmament conference in Paris on Monday as
      Reuter  -  411 words
    • Article
      Lock icon UN chief envisages more use of peacekeeping forces
      412 4 AP UNITED NATIONS Secretary-Gener-al Javier Perez de Cuellar has predicted that UN peacekeeping forces would be used more often in the future, possibly financed by an international tax on arms sales. He said in a speech on Monday that the Soviet Union
      AP  -  412 words
    • Article
      Lock icon Soviet bid to boost industrial innovation
      312 4 AP THE SOVIET UNION is trying to foster a technological spurt with a proposal to offer tax breaks for state-run enterprises that put new inventions to use. I S Nayashkov, chairman of the State Committee on Inventions and Discoveries, told a news conference in
      AP  -  312 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      846 4 ARRIVALS Operator Sorvleo Local From number tifTM SA SQ41 0610 MAA AM CW707 061S MTS/MftU SWAB S1A SQ31 0815 COG/ROM MAS MH640 0820 kia KAL «624 0840 KUL MAS MH651 0910 pe* MAS MH630 0920 KUL SU SQ103 0930 KUL CM CX710 1000 CGK G4A GA960 1100
      846 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      116 4 rf f M 5* Our Chef Recommend 1.) Broiled Chicken Prawn $11.00+ 2.) N.Z. Sirloin Steak with Chef Sauce $11.00+ 3.) Broiled Lobster Tail $16.00+ 4.) U.S. Harris Ranch Ribeye Steak $19.00+ with Chef Sauce Complete Lunch (Soup, Choice of Main Course, Dessert, Coffee/Tea) Add $3.50+ Complete Dinner (Appetiser, Soup,
      116 words
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      Page 4 Advertisements Column 2
      49 4 Fighting the air thai th«y breath*, PAQE 11 ICMCI The business person's choce every Tuesday, Thursday, Saturday ond Sunday Leovina Chongi Airport at 22:05 leovmg Chongi Airport at 22:05 hours ond arriving Heothrow earty the following morning Co* your Trovel Agent or Air Canada at *****55 AIR CANADA 0
      49 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      128 4 Max/ Not* Mln (°C) 19/15 Cloudy 09/08 Rain 06/02 Snow 18/09 Clear 32/20 Qwr 29/23 Cloudy 03-03 O'Ca* 15/08 Show.™ 06/02 Cloudy 10/08 Rain 24/18 Cloudy 07/03 Showers 30/20 Fine 09/03 Cloudy 08/05 Clear 31/20 door 16/08 Cloudy -12-33 Cloudy 24/15 Fine 24/14 Cloudy unov 08/06 Cloudy 33/27 Ffcw 09/08
      128 words
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  • FOCUS
    • Article, Illustration
      Lock icon Reagan's budget, Bush's gift
      588 5 President Reagan's last budget, presented on Monday, was in some ways a gift for his successor, George Bush. These two articles look at what the budget contained and Mr Bush's reaction to it. UPI PRESIDENT RONALD REAGAN may have handed George Bush several potential political gifts
      UPI  -  588 words
    • Article
      Lock icon Nice plan, but amendments to come
      833 5 AP PRESIDENT-ELECT George Bush bestowed cautious praise on President Reagan's parting budget, saying he "agrees with its intent" while making clear he will develop his own proposals. "I will continue to review it for possible amendments after I assume the office of the presidency,"
      AP  -  833 words
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      Page 5 Advertisements Column 1
      12 5 n e r con w ji\ i c 7 The Unfair Advantage.
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      Page 5 Advertisements Column 2
      118 5 Top of the range Volvo Continental luxury 2.8 litre performance Multi-link suspension Anti-locking brakes Hand-assembled exclusivity Powered seat and sunroof Volvo safety and comfort Cellular handphone' i m IK-' 7B m\, s» The Volvo 760 CLE For under $200,000 For a limited period only S M Motors Awaiting your test-drive
      118 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      859 6 SINGAPORE: CONCERTED central bank intervention in New York cooled dollar buying fever and injected some semblance of order in a market that has already taken the buck more than 7 pfennings and centimes against the D-mark and Sfr respectively in the past week. Traders spent the Asian session
      859 words
    • Article
      Money markets
      69 6 THE OVERNIGHT rate on the Singapore money market rose by 1/16 point to close at 5-3/8 per cent yesterday. The one-month term rate remained unchanged while two and three months rose by 1/16 point. S$ Interbank rates at the close yesterday: Oft* no Ow"W 5 3/8 3 1/4
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    • Article
      Comex gold/silver futures
      170 6 Gold futures on Jan 9, 1989 100 troy ounos USS par troy ounce OfM High Loot kM« ion 09 404.90 1.40 Fob 404.30 406.80 ***** 406-70 -1.40 Mor 409.20 -1.40 Nw 410.00 412 30 408 80 ***** -1 JO Jun 414.40 417.30 414.10 417.10 -1.60 Aug *****
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    • Article
      Lock icon Simex
      468 6 BA Futures MARCH Eurodollar futures opened 5 ticks lower than Monday s Simex closing level at 90.43 on a firmer Federal funds rates. Prices dipped to a low of 90.40 on continued selling pressure following Fed Reserve governor Wayne Angell's comment that continuing US trade deficit could lead to
      BA Futures  -  468 words
    • Article
      Lock icon IMM
      268 6 Reuter MOST IMM currency futures ended the day with losses but stood near their best levels after edging up for much of the session. Prices of European contracts narrowed opening declines early in the day after a round of central bank intervention sparked buying in foreign currencies. Values were
      Reuter  -  268 words
    • Article
      Options
      1372 6 CURRENCY FUTURES OPTIONS Tuasday, Jan 10, 1988 DEUTSCHE MARK (8IMEX) NtHcH High Law S3 55 la 8oa High 768 Fab 88 pula Low Saa 3 50A 55 H*h Mar 88 can LM Saa Mgh Mar 8S paM LM mmrn 31 S3 34 S3 36 57 39 115 638 33
      1,372 words
    • Article, Illustration
      World interest rates
      182 6 Indicates the average of the prime lending rates of 12 major banks In S'pore f Interbank market rates (offer/bid) on Jan 10 7 4my, 1 1 MX 12 us$ J/14 1/14 J/14 J/14 7/14 J/14 a/14 7/14 11/14— 11/14 11 11 ii i/a i] li i/4 i/a
      182 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      189 6 At Carlton's Lobby Lounge Bar we combine priceless charm with sensible prices. te un R c ars can j <; impersonal places ot urs k We want to cultivate a t V band of regulars. People -+w who come to relax with w us again and again, in a friendly
      189 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Fed wants stable dollar: Angell
      240 7 Reuter THE US Federal Reserve does not want the dollar to rise too rapidly against major foreign currencies in the short run, Federal Reserve Governor Wayne Angell said. "In the short run we would not want to have the dollar appreciate too rapidly," he told
      Reuter  -  240 words
    • Article
      Lock icon US Treasury expects interest rates to fall
      153 7 Reuter US TREASURY Secretary Nicholas Brady said he was not comfortable that interest rates were rising but predicted they would come back down. Mr Brady also told a press conference that the US had excellent relations with its Group of Seven partners. "I'm
      Reuter  -  153 words
    • Article
      Lock icon 'World Bank and Japanese banks had talks on debt sales'
      191 7 Reuter THE WORLD BANK unofficially held talks with major Japanese trust hanks on a plan to securitise some of its dollar- and yen-denominated loans to Third World nations, trust bank sources said. The World Bank's Tokyo office declined comment. Since
      Reuter  -  191 words
    • Article
      Japanese yen futures hit record volume on Simex
      173 7 THE JAPANESE yen futures contract hit a record high volume of 3,329 lots on the Singapore International Monetary Exchange (Simex) on Monday, surpassing the previous mark of 2,765 lots set on Oct 12 last year. Sources said the volatility of the US
      173 words
    • Article
      Lock icon Canadian dollar may lose ground on deficit fears, say fund managers
      535 7 Reuter THE CANADIAN dollar's rally will come to an abrupt halt in 1989 as foreign investors take a closer look at the country's economic problems, leading corporate treasurers say. The Canadian dollar, one of the world s hottest currencies
      Reuter  -  535 words
    • Article
      Lock icon Bailout of thrifts will add US$64b to US budaet
      340 7 Reuter PRESIDENT REAGAN'S fiscal 1990 budget shows the rescue of insolvent savings and loan institutions will cost US$B4 billion through 1994. The budget estimate compares with forecasts by some other official and private forecasters that the Federal Savings and Loan Insurance
      Reuter  -  340 words
    • Article
      Lock icon Do not tax new financial futures, Tokyo urged
      184 7 Reuter KAZUO IBUKI, chairman of the Federation of Bankers' Associations of Japan, told reporters that a tax on new financial futures transactions would shackle the market, a federation spokesman said. If such a tax is imposed, the new market will lose trade
      Reuter  -  184 words
    • Article
      Lock icon Tokyo denies questioning banks over Nabisco deal
      177 7 Reuter AN OFFICIAL at the Japanese Ministry of Finance (MOF) denied a report that It had questioned Japanese banks expected to provide financing for the leveraged buyout (LBO) of RJR Nabisco Inc. The Jiji Press news service reported that informed sources said the
      Reuter  -  177 words
    • Article
      Asian dollar market
      259 7 ASIAN DOLLAR deposit rates yesterday finished at opening levels in quiet trade. The market will be looking to Friday's release of US December retail sales and producer price index data both due at 1330 GMT for some direction, dealers said. Short-dates firmed 1/16 point at the outset
      259 words
    • Article
      Government securities market
      93 7 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OFFER HKJH LOW 3 months 6 months R*****0S 06.04.89 3.62 3.57 3.73 3.58 1 y*or BY*****H 23.11.89 4.18 4.13 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate MO OFFER HIGH LOW 2
      93 words
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  • COMMODITIES
    • Article
      Lock icon Taiwan beats Japan as top gold importer
      278 8 Reuter TAIWAN overtook Japan last year as the world's largest gold importer, according to estimates by officials and bullion dealers in Taipei. Taiwan imported 354.7 tonnes of gold bars and coins worth US$5.l3 billion in 1988 against 87.32 tonnes valued at US$l.3 billion
      Reuter  -  278 words
    • Article
      Lock icon Rising profits may save Japanese oil industry from major shakeout
      422 8 Reuter RISING PROFITS have reduced the chances of a dramatic shakeout in Japan's oil industry when deregulation comes into full force in March. But a short, fierce petrol price war seems likely. "Oil firms are making unexpected profits because of
      Reuter  -  422 words
    • Article
      Lock icon Japan not minting coins to commemorate Emperor's death
      161 8 Reuter JAPAN will not mint any coins to commemorate the death of Emperor Hirohito, a Finance Ministry official has said. His statement followed talk in the New York platinum markets on Monday that Japan would issue a platinum coin to commemorate the
      Reuter  -  161 words
    • Article
      Lock icon Subroto calls on non-Opec members to help stabilise market
      288 8 Reuter OPEC Secretary General Subroto has called on oil producing states outside the cartel to help strengthen the market. Mr Subroto. speaking to reporters in Cairo after talks with Egyptian Oil Minister Abdel-Hadi Kandeel, did not spell out what action he
      Reuter  -  288 words
    • Article
      Lock icon Crude Oil and Products
      172 8 Telerate FUEL OIL prices moved slightly higher in light trade yesterday. Buying indications for second half January CSTIBO cargoes ranged widely from $71 mt FOB Sing to as high as $74 mt FOB Sing. Potential buyers of February lots indicated prices around $72-$73 mt FOB Sing
      Telerate  -  172 words
    • Article
      Lock icon KL Tin
      168 8 Reuter RENEWED BUYING demand aided by a weaker rtngglt saw the Kuala Lumpur Tin Market (KLTM) W Ms2o a kg at the dose, up three cents from Monday In brisk trading, dealers said. European and local Interests took most of the 100 tonnes offered, up from 90 on
      Reuter  -  168 words
    • Article
      Precious Metals
      434 8 HONGKONG: GOLD yesterday ended slightly higher in moderate trade in response to the easier US dollar, dealers said. There was renewed buying by local investors in the afternoon session, they said. Bullion finished at U*****.20/70 an ounce, against an initial 404.50/405.00 and against New York's 404.75/405.25 close. On
      434 words
    • Article
      Produce Prices
      221 8 Chinese Produce Bangkok Exchange doting prtcoi on ion 10 (USJ/lonn., FOt) Sollors noon dotiog prlcvt on Jon 10 (Sl/100 kg) White Rke Coconut oil 100% lit ckm 335 Mi FOt Old dram FOt 112.00 123.00 100% 2nd ckm 100% 3rd ckm 295 290 NwdrwFOI 126.00 5% 287 Copra
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    • Article
      London markets
      276 8 London Commodity Exchange Bwy*r/S*il*r d osing prices on Jan 9, (£/tom« unless specified). Previous doting prices In parenthesis. Coffee Bath ln-itor» London, i*M«m option OF londor I Jon 1240/50 (1278/87) High/Low 1275/32 Mar 1268/70 (1268/70) High/Low 1259/17 Sat** (3924) Cocoa Mor 848/849 (850/851) High/low 855/846 May 856/859 (859/860)
      276 words
    • Article
      Lock icon Soybean
      100 8 Reuter CHICAGO Board of Trade soybean futures on Monday weakened late on trade talk that private weather forecasters are looking for rain to move into dry Argentine soybean growing regions soon, closing on or near the lows with losses of 12 to 2-1/2 cents per bushel in moderate dealings,
      Reuter  -  100 words
    • Article
      Lock icon Wheat
      127 8 Reuter CHICAGO Board of Trade wheat futures on Monday closed mostly higher in moderately light trade, ranging from unchanged in March at a US$4.4B-3/4 settlement to up 1-1/2 cents per bushel in December. The announcement of another tender by China for a large quantity of US hard and soft
      Reuter  -  127 words
    • Article
      Palm Oil
      394 8 MALAYSIAN CRUDE PALM OIL FUTURES closed higher in steady trading on the KLCE yesterday. Dealers said the bullish trend was due to news that Pakistan was tendering for about 6,000 to 12.000 tonnes of refined, bleached and deodorised (rbd) palm olein. January and February were each up M$9
      394 words
    • Article
      Lock icon Rubber
      298 8 Reuter SINGAPORE: PRICES yesterday closed firmer with February 1 RSS buyer quoted at 218.50 cents a kg, up eight cents from Monday's finish, brokers said. The morning market registered gains of 4.50 cents after European trade I buying and speculative short-covering. Prices rose further in the afternoon session on
      Reuter  -  298 words
    • Article
      RAS and MRELB
      318 8 RAS prices m s cmm« fob m m M NOON CLOSE Buyers Sailors Buyers f —M oeaefi In* 1 RSS Prompt 213.00 214.00N 217.50 218 JO Int 1 RSS Fob 89 214.00 215.00 218J0 219 JO tm 1 RSS Mar 21S.00 216.00N 219 JO 220JO bit 2
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    • Article
      SSR and SMR
      77 8 (canto/kg) FEMUAftY 1989 MARCH 1989 (curr •nt month) (forword month) RAS NOON lwy*fi S«ll<o NOON luv*rt WUn SS* 30 194.00 J 96.00 194.00 196^0 sst 50 192.00 194.00 192.00 194.00 MRELB luyers S#Nm 5^ SMI CV 310.00 312.00N 312.00 314.00N SMt I 300.00 3I0.00N 310.00 31 2.00N
      77 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      41 8 *a# •v Fine feathers make fine birds. Fine fabrics fine suits crafted to impeccable fit and finish. At this level of excellence we will always be. A subsidiary of Wai Chcong Tailors Pte Ltd #03-09, Wcstin Plaza, Raffles City. Tel: *****19.
      41 words
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      Page 8 Advertisements Column 2
      53 8 F.wn-.iiv (AKi'i'iSll Spedahta in Fime Hand knotted Carpet* t > i 11»; Auction Sale Wednesday. January 11.1989 Grand Ballroom Hilton International Singapore Viewing cocktails: 4pm 7pm Auction Sale: 7pm 830pm Auctioneers Cheong Koong Seng (CKS) Auctioneers Valuers Pte Ltd V" mvmiiUH-U- important iots Showroom #03 28 Raffles City Shopping Centre
      53 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      253 9 Good ideas keep coming up Now, a compart fax that knows how to keep a secret. iiiiiiifiiiilwFi HMlffilf!)! U fill m i i-i-i i.I ihidi •i? il^lllflfflllltli iltislilflllillli I IS Mil, lilililllt HflailililililiHli 81 u B4 SHAW 15 SPHO RtWAI fuw; modi Uy vfy v®>> O 1 A CONf •DfKTIAL
      253 words
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  • PERSPECTIVE
    • Article
      Flaying a dead emperor
      515 10 BUSINESS TIMES WEDNESDAY, JANUARY 11,,1989 THERE IS SOMETHING intriguing in certain reactions to the death of Emperor Hirohito. While most world statesmen paid their respects to his memory, a vociferous minority of people and organisations reacted with great anger. An official of the Returned Services League
      515 words
    • Article, Illustration
      A garden to call his own
      1449 10  -  Founded on hardware trading, the Hong Leong Group of companies has today become one of the Republic's biggest financiers and property, developers. RICHARD SEAH ends his two-part feature on Singapore's billionaires with a profile of Hong Leong founder Kwek Hong Png. RICHARD SEAH "IN
      1,449 words
    • Article
      Living up to a Good Harvest
      246 10 HONG LEONG, the name Mr Kwek Hong Png chose for the company he founded, is also the name of one of his three brothers. It was not his brother he had in mind though when he decided on this name. "Hong Leong has a
      246 words
    • Article, Illustration
      Lock icon Going easy on the consumers
      734 10 The first video cameras for consumer use were launched five years ago. But already, the world market is estimated to be worth some US$7.3 billion. LAN RODGER takes a peep at the state of affairs FT ONE OF THE KEYS to Japan's continuing economic dynamism
      FT  -  734 words
    • Article, Illustration
      Lock icon Fighting the air that they breathe
      729 11 Reuter IT WOULD BE near impossible to eradicate chemical weapons from the Middle East, cockpit of superpower and regional rivalry, diplomats say. Delegates from 140 countries are meeting in Paris to try to enforce a 1925 ban on such arms, which the diplomats say
      Reuter  -  729 words
    • Article
      Lock icon Coming home to West Germany
      745 11 Reuter ETHNIC GERMANS migrating from Soviet bloc countries are laying claim to West Germany's economic success, and economists say short-term problems caused by the influx will be offset by long-term rewards. Since the early 1980s the trickle of ethnic Germans arriving in West Germany has
      Reuter  -  745 words
    • Article
      Lock icon A reason to travel
      628 11 Reuter TWENTY-TWO-YEAR-OLD Lee Gyung-rlm and her friends dream of seeing the wide open spaces of Australia, the temples of Thailand and stately architecture in Rome. From this year, their dreams have become possible as the South Korean government erased the final restriction on overseas travel by
      Reuter  -  628 words
    • Article, Illustration
      Lock icon Challenging political apathy in Hongkong
      795 11 AP POLITICAL PARTIES are struggling to emerge in this British colony but face formidable hurdles of apathy, public distrust and a wary China, which regains sovereignty of the territory in 1997. Attempts to form the groups coincide with preparations by Britain to hold the territory's
      AP  -  795 words
  • Page 10 Advertisements
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      419 10 ADVERTISEMENT More of 'Singapore' In Singapore Business SING IRE £21 yP r —»">r"sK~f v- .r■" t MS The word 'Singapore" has grown on the cover of Singapore Business. The change is more than cosmetic. Singapore's only business monthly kicks off 1989 with a resolution to make its articles more timely
      419 words
  • Page 10 Miscellaneous
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      67 11 BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, horse-racing, tennis, bowling, etc. And, of course, the all-round executive cannot afford to miss Sevvy's golf date every Tuesday.
      67 words
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  • LEISURE
    • Article, Illustration
      Lock icon Barbie gets designer wardrobe for her 30th birthday
      307 12 TOYS AFP BARBIE DOLL is in line for a swell treat for her 30th birthday in March: new outfits from a long list of top French couturiers. The 29-cm tall blonde bombshell celebrates the start of her third decade on Mar 9.
      AFP  -  307 words
    • Article
      How not to get your chores done
      550 12  -  CHILD-REARING By DAVID GRIMES David Grimes is a reporter and columnist for the Sarasota (Florida) Herald-Tribune. OPERATING on the premise that you can never get started too early on these things, my wife and I decided it was high time our 214-year-old son,
      550 words
    • Article, Illustration
      Lock icon Anne Frank: Picking up where the diary left off
      1016 13 MOVIE Reuter A NEW award-winning movie and book are providing an insight into the last months of Anne Frank, whose poignant diary made her a symbol of the human suffering inflicted by the Nazis. In accounts collected by Dutch film-maker Willy
      Reuter  -  1,016 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      912 12 M mMMWWT Where to entertain ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE OF MAIN COURSES. PALM For between $26+ and $40+ r~d ii y° u can se ect I rom our appetiser CjKILL buffet including seafood, smoked salmon and
      912 words
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      Page 12 Advertisements Column 2
      212 12 lU II VSsT rjjl "F bfli. r*. ur.a L^yJiLkijUiJ 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 Winemamma mia! There are over 60 Italian favourites at only
      212 words
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      167 13 There's a cafe on a lush, green hi 11... where you can take a break. Meet frienas Relax. Make choices from the aelightful international cuisine and Asian favourites Prawn Mee, Nasi Goreng. Prawn Curry Rahmschnitzel. Hainanese Chicken Rice And much more. At Cafe in the Park A<s> C entury Park
      167 words
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      Page 13 Advertisements Column 2
      46 13 The 'Creme dela creme' of Sherries Harvcys Bristol Cream Sherry. Famous the world over for its rich, sweet and mellow flavour. Especially refreshing served chilled or with ice, for all occasions. H MMEj i NISTOLC lfV\ k\ |r» L m Ty*>C*orti < it nr* BEARVBYS QW BRISTOL
      46 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      642 13 CRYPTIC PUZZLE ACROSS 1 Students' quality? (5) 6 Rushes one's game? (5) 9 Apt to give heart to churchman (7) 10 Mostly female forename? (5) 11 With which to feed the brute possibly? (5) 12 Wonderful, you imagine (5) 13 She may be alien to me (7) 15 On which
      642 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1261 13 to sskb aana® Animal sanctuary r, r.> OUR CHOICE VIDEOFASHION MONTHLY Luxury Looks, Channel 12, 7.25pm The luxury look ie in, end the more eleborete it ie, the better. Meet Valentino and preview hie 89 collection. Vieit the Leeage Boutique, renowned for its luxurious beaded trinkets and Revillon furs, makers
      1,261 words
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  • SPORTS
    • Article, Illustration
      Lock icon Navratilova setting her sights on big win
      568 14 TENNIS AP MARTINA NAVRATILOVA has proclaimed herself as fit as at any time in her career and ready to mount a determined challenge to world No. 1 Steffi Graf this year. Navratilova, 32, is preparing for the Ford Australian Open by playing in
      AP  -  568 words
    • Article, Illustration
      Lock icon Graf surprised by lack of strong opposition last year
      397 14 AP WEST GERMAN teenager Steffi Graf completely dominated women's tennis last year, but she feels that the year hadn't been as hard as she expected. Graf, who is practising in Melbourne for the Ford Australian Open, said on Monday that she
      AP  -  397 words
    • Article
      Lock icon Bid to restore order in Cup
      418 14 YACHTING AP MOVING to restore stability to an America's Cup tarnished by discord. international challengers have reached agreement on a new class of boats as well as race courses, dates and format for the next sailing competition. "The aim of the challengers is that
      AP  -  418 words
    • Article
      Lock icon Newbury continues Welsh challenge
      332 14 SNOOKER AFP THE WELSH DRAGON roared again on Monday as Steve Newbury knocked out former world snooker champion Dennis Taylor in the fourth round of the £275,000 Mercantile Credit Classic in Blackpool, England. The world No. 1 from Northern Ireland, who scored a famous victory over
      AFP  -  332 words
    • Article
      Lock icon Vatanen grabs lead following stage win
      228 14 MOTOR RALLY UPI ARI VATANEN of Finland grabbed the lead from Peugeot teammate Jacky Ickx in the Par-is-Dakar rally on Monday with a victory in the day's 379-km stage from Timbuktu. Ickx had led the rally from the first timed stage in Tunisia on
      UPI  -  228 words
    • Article
      Lock icon Coe to run for Britain in European indoor competition
      249 14 ATHLETICS AP SEBASTIAN COE, a four-time Olympic medallist who was left out of the British team for the Seoul Olympics, will return to his country's squad for the European indoor track and field championships next month. Coe has been selected to
      AP  -  249 words
    • Article, Illustration
      Ghanaian expects to finish the job by fifth round
      436 14  -  BOXING By CHARLES SAVAGE GHANAIAN Robert Azumah is a lean and hungry 24-year-oid looking for success. And he wants to make mince meat out of Australian Graeme Looker in the ring in Singapore next month. "I learnt that there is a
      436 words
    • Article, Illustration
      Lock icon Tyson claims ignorance of where winnings went
      478 14 AP WORLD HEAVYWEIGHT champion Mike Tyson has portrayed himself as so confused about his finances that he didn't know If a US$lO million cheque for fighting Michael Spinks was ever deposited in his account. "I can't remember. There's money coming in millions I
      AP  -  478 words
    • Article
      Lock icon Foreman takes a shot at champ
      132 14 AP FORMER HEAVYWEIGHT champion George Foreman, who's in the midst of a comeback after a 10-year lay-off, says that a bout with current champion Mike Tyson wouldn't be much of a fight. "He's not in shape to fight me. I'm in better shape than
      AP  -  132 words
    • Article
      BONDS, LOANS & WARRANTS
      460 14 BONDS, LOANS WARRANTS Compmj bplry/ Couf OC Tang Wrti *****990 Otwan Hup Wrti 1991 Ory Dov Roods 1994 5% Oy 0*y Wrti 1992 G Corp CULS 1969 10 H Prop bonds H Prop Wrts 1993 1993 4 H Tcl-Pon Wrts 1992 Inno-Poc Loan Inno-Poc Wrts 1992 1992 6 JC-MPH Loan
      460 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Corporatisation: Clearer guidelines will help
      524 15 n mm*** HOCK LOCK SIEW THE SECOND ROUND of corporate tie-ups has been completed, leaving in its wake some confusion and ill-feeling. Out of seven proposed foreign joint ventures with local 4 ~oki g firms, only two were >ro\ j by the Stock Exchanga of
      HOCK LOCK SIEW  -  524 words
    • Article
      Lock icon KLSE expects greater liquidity with new system
      436 15 MBT KUALA LUMPUR Stock Exchange's computerised trading support system (TSS) to be implemented in June or July is expected to increase liquidity and "reduce the mystery of the trading room". KLSE general manager Mohd Salleh bin Abdul Majid said yesterday that the TSS
      MBT  -  436 words
    • Article
      Lock icon Cement Manufacturers to diversify
      176 15 Bernama CEMENT Manufacturers Sarawak Bhd (CMS) has identified several new areas of business for the future, its chairman, Datuk Amar Haji Bujang Mohamed Nor, said yesterday. He said after the balloting of the bumiputra portion of CMS shares offered for public subscription that these areas included
      Bernama  -  176 words
    • Article
      NOL and Straits Steamship in depot project
      310 15  -  By LINDA CHEE NEPTUNE ORIENT LINES and Straits Steamship have been identified as the two previously unnamed members of a fourparty consortium which is setting up a company to operate a huge inland container depot near Bangkok. Sources said that although the two
      310 words
    • Article
      Lock icon Kwong Yik Bank expects a turnaround
      221 15 Bernama KWONG YIK Bank Bhd expects to make a turnaround in another two or three years with the injection of funds by Malayan Banking Bhd and the implementation of various measures to remedy the hank's operations, including investment in technological advances. Executive director Mohamed
      Bernama  -  221 words
    • Article
      Wah Chang grooms Thai unit for listing
      507 15  -  By ANDREA BORCH THE WAH CHANG group, headed by the Ho family of Singapore, is pumping more money into Thailand through its newly set-up joint venture company Thai Wah Property Development Co Ltd (TWPD). TWPD which has an initial paid-up capital of 350
      507 words
    • Article, Illustration
      Chinatown project: Cit yDev to Source: S E Bank Chinatown project: Cit yDev to Source: S E Bank
      450 15  -  By LEE HAN SHIH, ELAINE KOH CITY DEVELOPMENTS LTD has cleared all but the last hurdle in its effort to re-start work on Chinatown Centrepoint, some 16 months after it bought the
      450 words
    • SES
      • Article, Illustration
        Institutions continue to provide volume and tempo to the market
        780 16  -  By MICHELLE OH THE LOCAL stockmarket saw another day of heavy trading yesterday, following the lead of overseas bourses. Institutional players were again making their presence felt in the market, bringing welcome relief after months of thin and lacklustre trading.
        780 words
      • Article
        COMPANY MÈTINGS
        84 16 KINTA KELLAB INVESTMENTS PUBLIC LTD: 61st AGM at the Pahang Room, Lower Lobby, Shangri-La Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur on Thursday, Jan 12, at 9.30 am. MALAYAN BREWERIES LIMITED: 55th AGM at OCBC Centre, 19th storey on Tuesday, Jan 24, at 11.00 am. ELECTRO MAGNETIC (S)
        84 words
      • Article
        Unit trusts
        314 16 Managers' prices AAA R A- Bumiputr a for Jan 11 First 8'pwtra 6.66 671 Singapore Unit Trust S*cond 6'putra Third 6'putra 6.02 4.46 607 4.51 Tin Coamofca 100 106 Fourth 6'putra S2S 5X Tit* Savings Fund 086 093 Fifth 6'putra 293 296 S'por* Prog Fund 0.36 0.42 Sixth
        314 words
      • Article
        APPROVED ISSUES
        83 16 Company RIGHTS ISSUE G«nerol Corp tou* of *49.204.936 acmm»oI amount of 8% Convertible Unsecured loon stocks ICUISI 1908/93 on tfw bow ol $2 nomtnol amount of loon slocks for •very «*e GC8 stores of $1 each or 12 nominal amount of CIAS 1908/93 for •very $7 3D nominoi
        83 words
      • Article
        PROPOSED ISSUES
        296 16 Company RIGHTS ISSUE C 1 Holdings 27 million loon stocks in the ratio ol $3 loon stock lor every five ordinary Causeway Inv Ism of $7,252,937 nomnol amour* cf 6% loan Stock 1989/94 on oosrt of )l noeinol oaiount of loon stock with two TSb for ovary four
        296 words
      • Article
        SES SHARE INFORMATION
        5696 16 1Mt High m Low Tel Code Company Last Sale JAN 10 orVol (•000) Day Last Quote High Low Buyer Seller Gr*s Dtv Dtv C'vr Gr's rid Net PIE M Cap Jmll SESDAQ 187 120 170 60% 110 130 78% 199* 144 92 136 126 122 114 70
        5,696 words
    • KLSE
      • Article, Illustration
        Profit-taking trims gains
        3381 17 AFTER sprinting ahead for three days, the Kuala Lumpur stock market decided to take a breather and share prices finished off the day's high as heavy bouts of profit-taking trimmed early gains in brisk trading. Dealers said the continued run-up in Tokyo sparked off some concern among
        3,381 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Steelmakers see higher costs
        382 18 Raw material prices rising, say Japanese firms Reuter JAPAN'S five major steel companies expect higher costs in 1969/90 due to increases in raw material prices, the spokesmen for the firms said. The big five will pay an estimated total of about 57 billion yen more in
        Reuter  -  382 words
      • Article
        Lock icon Taipei firm plannina M$204m mill in M'sia
        179 18 NST TAIWANESE company EHsin International Corporation is expected to invest about Ms2o4 million to build a textile factory in Malacca. Chief Minister Datuk Seri Abdul Rahim Thamby Chik said the amount would be one of the biggest to be invested in the country
        NST  -  179 words
      • Article
        Lock icon Japan to restrict car exports to US
        270 18 AFP JAPAN will voluntarily restrict car exports to the US for the eighth consecutive year in fiscal 1969, International Trade and Industry Minister Hiroshi Mitsuzuka has announced. Mr Mitsuzuka told a press conference that the ceiling for exports of Japanese cars to the
        AFP  -  270 words
      • Article
        Lock icon Mitsukoshi in Taiwan joint venture talks
        100 18 Reuter MITSUKOSHI LTD is negotiating with Taipei department store operator Shin Kong Dept Store and Recreation Co Ltd to set up a joint venture to operate upmarket department stores in Taiwan. A Mitsukoshi spokesman said details including capitalisation and the name of the unit
        Reuter  -  100 words
      • Article
        Lock icon Toshiba unit to double output to meet demand
        96 18 Reuter IWATE TOSHIBA Electronics Co Ltd, a wholly-owned unit of Toshiba Corp, will double production of application specific integrated circuits (ASIC) to meet fast-growing demand, a company spokesman has said. Iwate Toshiba's ASIC production will be raised by 30,000 to 40,000 six-inch
        Reuter  -  96 words
      • Article
        Lock icon Onward in tie-up with Italian firm
        88 18 Reuter ONWARD KASHIYAMA Co Ltd has agreed with Barba's Diffusione SRL to market brand-name clothing and accessories made by the Italian fashion house in Japan, an Onward spokeswoman said. The major Japanese apparel maker plans to start selling these items from the autumn of
        Reuter  -  88 words
      • Article, Illustration
        Lock icon Second record close
        548 18 Tokyo Reuter TOKYO share prices shot up on heavy buying yesterday, pushing the main index to a record cloee for the second straight day and over 31,000 points for the first time. Brokers said the buying was fuelled by optimism over the start of a new imperial
        Reuter  -  548 words
      • Article, Illustration
        Lock icon Industrials shine
        454 18 Australia Reuter LEADING industrial stocks shone yesterday as the Australian share market continued to take heart from strong offshore trading. Brokers said investors who were selling out of the options market and cash-rich institutions dominated trading. They said overnight gains in London and on Wall Street, as well
        Reuter  -  454 words
      • Article, Illustration
        Index climbs another 40 points
        1317 18 Hongkong HEAVY BUYING, spurred by another record high in Tokyo yesterday afternoon, pushed Hongkong stocks to their second consecutive post-crash high yesterday, brokers said. The Hang Seng Index rose 40.11 points, or 1.4 per cent, to 2,832.38, while the broader-based Hong Kong Index gained 26.2S
        1,317 words
      • Article
        Lock icon Bangkok: Index up
        169 18 Reuter THE SECURITIES Exchange of Thailand Index rose 6.75 points to 423.14 yesterday on a turnover of 13,498,863 shares worth 1.145.73 million baht. MM It BAKI r Ao Kham Thai 3B0 Ayudhya Iwntwit 38 Bangkok AgnHnd 106 Bangkok Bank 301 1 unch 2JI 1 +1 ♦I Bank
        Reuter  -  169 words
      • Article
        Lock icon Taipei: Active trade
        370 18 Reuter TAIWANESE share prices, buoyed by strong buying interest and soaring financial issues, closed higher yesterday almost across the board after a day of active trading, dealers said. The weighted index rose 158.38 points, or 2.9 per cent, to end at 5,470.86 against Monday's 5,312.48 finish. Turnover
        Reuter  -  370 words
      • Article
        Lock icon Manila: Prices fall
        141 18 Reuter MANILA PRICES fell across the board yesterday to stunt a forecast first quarter rally after copper prices slid further and investor concern grew over renewed political instability in the southern Philippines. brokers said. The Manila Stock Exchange composite index dropped 1.38 per cent to close at
        Reuter  -  141 words
      • Article
        Lock icon Seoul: Third fall in a row
        180 18 Reuter SEOUL STOCKS yesterday fell for the third day in a row with the composite index slipping below the 900 mark in late afternoon trading, brokers said. The composite index near the close was 886.97, falling 2.87 points from Monday's close. The market firmed
        Reuter  -  180 words
      • Article
        Lock icon Bombay: Moderate trading
        171 18 Reuter BOMBAY share prices overcame early profit-tak-ing to cloee firmer yesterday in moderate trading, brokers ssid. Stocks met resistance at higher levels as institutional support weskened after Monday's sharp rally. One broker said cautious investors had been very selective about lending support at higher levels. "This encouraged
        Reuter  -  171 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Dow Jones continues to climb
        748 19 New York Reuter US BLUE CHIPS finished at their third consecutive post-crash high on Monday. but failed to close above the 2,200-level that some analysts considered an area of psychological significance. The market was undeterred by lacklustre bond prices and a large sell programme. Early
        Reuter  -  748 words
      • Article, Illustration
        Equities rally at opening
        912 19 London LONDON SHARES rallied from an early fall to stand slightly firmer after the opening yesterday, helped by a dawn raid on Hammerson Property. Dealers said Hammerson's ordinary shares leapt 145p to £11 at one stage as brokers Barclays de Zoete Wedd entered the market to
        912 words
      • Article
        Selected Indices
        109 19 HONGKONG Hongkong Index Tuesday 1,869 38 Monday 1,843.13 Week ago 1,***** Hang Song Index Tuesday 2J32J8 Monday 2.***** Week ogo 2.706 69 All Industrials Tuesday 2,504 8 Monday 2.4808 Week ogo 2.4662 NEW YORK Dow Jones Monday 2.***** Friday 2.194 29 Week ogo Qoted TOKYO Standard Poors Nikkei
        109 words
      • Article
        Lock icon Rival groups try to agree on bid for GEC
        696 19 Takeover bid would be UK's largest FT PROSPECTIVE Bl DOERS for Britain's General Electric Company are trying to agree on the structure ot a consortium takeover offer for the UK industrial giant. With GEC currently valued at £5.9 billion (US$lO.3 billion),
        FT  -  696 words
      • Article
        Lock icon Glaxo expects higher sales of Zantac ulcer drug
        337 19 Reuter GLAXO HOLDINGS pic expects sales of its Zantac ulcer treatment drug to continue to grow despite new forms of ulcer drugs being brought to market. Zantac, which accounted for almost one-half of Glaxo's fiscal 1968 sales of U553.52 billion, is the
        Reuter  -  337 words
      • Article
        Lock icon National Semicon sells 50pc of subsidiary to Memorex
        180 19 NYT THE NATIONAL Semiconductor Corp has signed an agreement with Memorex Telex NV to form a joint venture in which each company would own half of National Advanced Systems, formerly National s wholly-owned subsidiary, which distributes mainframe computers and peripheral equipment manufactured
        NYT  -  180 words
      • Article, Illustration
        Lock icon De Benedetti builds up stake in De La Rue
        433 19 FT SOCIETE Financier® de Geneve (Sofigen). the Swiss holding company controlled by Itelien businessman Carlo de Benedetti, has accumulated a 4.9-per-cent stake in De La Rue. the UK financial printing company, over the past six months. Tony Kirk, Sofigen s managing
        FT  -  433 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1621 19 Reuter MILAN: Italian shares pared their early small gains to close mixed yesterday ahead of Friday's end of the January bourse month and on some nervousness caused by renewed signs of tension within the coalition government, dealers said. The MIB index closed 0.1 per cent higher. Insurance
        Reuter  -  1,621 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      153 15 Financial Newsmakers BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling
      153 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      42 15 3. {V//V&4 cr/s/Z sf&ezs/, <-/00>60TAU--77/&4//07Z tf&ofi/Avr? y^& r <?77U. AMI/£~7& arc.# WA/&t/A/6> W/77////6 If I\ by Martell Me- wxj r <fOC'l/£- rA<&V f&O/Z a* f&jeoa.* a* WA/&6SA/& M 77/ &X£Z4./ /MD r Udi/gs/'r—- 'StfZZ&S V/ 4 £X 6£6 tv/r?/MM... sit'ii ajgr- •> E5
      42 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      260 18 NOTICES In the Matter of The Companies Act, Cap. 50 and ATLANTIC PACIFIC MARKETING (PTE) LTD (In Members' Voluntarily Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 6001 Beach Road #12-02 Golden Mile Tower, Singapore 0719 on Monday, 9th January, 1989 at 10.00
      260 words
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      Page 18 Advertisements Column 2
      143 18 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We. Zhong Yang Oil Trading Private Limited. 10 Anson Road, #34-10 International Plaza, Singapore 0207, have applied to the Registrar of Singapore Ships under Section 386 of The Merchant Shipping Act (Chapter 179) In respect of the motor vessel "ZHONG YANG" of
      143 words
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      Page 18 Advertisements Column 3
      186 18 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF YEHOO NOODLE RESTAURANT PRIVATE LIMITED (In Members' Voluntary Wlnding-Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap. 50 that the Final General Meeting of the Members of
      186 words
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      Page 18 Advertisements Column 4
      9 18 Managers must manage. BT shows you how every Monday.
      9 words
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  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      89 19 PAPUA NEW GUINEA TIMBER COMPANY REQUIRES Expressions of interest from experienced logging and timber processing companies to joint venture with a PNG owned company to develop timber leases in PNG. Only those interested in an equity contribution participation at all levels need register. Our client is a member company of
      89 words
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  • Article, Illustration
    HDB may sell its expertise abroad
    415 20  -  Idea hinted at in chairman's report By JOHN TAN IF ALL goes well, the next few years could see the Housing and Development Board (HOB) selling its urban housing expertise in China and other foreign countries. At this moment, the commercialisation of HOB's expertise
    415 words
  • Article
    Demand for HDB flats hit four-year low in FY87/88
    418 20  -  By LEE HAN SHIH Property Correspondent DEMAND for Housing and Development Board flats fell to a fouryear low in financial year 1987/88. The HDB annual report released yesterday showed that only 41.451 applicants signed up to buy HDB flats during the
    418 words
  • Article
    Lock icon Aussie bid to repair damage from immigration row
    287 20 AFP AUSTRALIA yesterday announced another diplomatic move to ease Asian tears over its immigration policy as new evidence emerged that the debate was taking an economic toll on the country. Immigration Minister Robert Ray said in Canberra that he would visit Hongkong
    AFP  -  287 words
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    Lock icon Court orders auction of deregistered Umno's assets
    271 20 AFP THE Kuala Lumpur High Court yesterday ordered assets belonging to the deregistered United Malays National Organisation (Umno) to be sold to repay its debts to Bank Bumiputra Malaysia Berhad. The sale will include a 41-sto-rey building housing the Umno headquarters and the
    AFP  -  271 words
  • Article
    Focus on insurance
    54 20 IN RECOGNITION of the increasingly important role played by the insurance industry in Singapore, BT will publish its first Insurance Supplement on Jan 26. The theme will be "Meeting the challenges of the *****". Senior executives and leading professionals in the industry have been invited to contribute
    54 words
  • Article
    Lock icon NZ fears US-EC meat dispute could affect its exports
    280 20 Reuter THE MEAT DISPUTE between the European Community and the United States has angered New Zealand, a leading agriculture producer, which accuses them of playing Russian roulette with the world's farm trade. "But the gun is pointing at developing countries and
    Reuter  -  280 words
  • Article
    Lock icon Aquino to consider debt-for-bases plan
    201 20 AFP PRESIDENT Corazon Aquino said she would study a plan to let two American military bases stay in the Philippines beyond 1991 if a group of American and Japanese banks assumed part of the country's foreign debt. "All proposals will have to be considered and
    AFP  -  201 words
  • Article
    Lock icon Emperor Hirohito's funeral to cost US$80m
    239 20 AFP THE state funeral for the late Emperor Hirohlto will will cost some US$BO million including nearly US$2O million for security for visiting dignitaries. Prime Minister Noboru Takeshita s Cabinet yesterday procured 9.29 billion yen (US$74 million) in funeral preparation expenses from general accounting
    AFP  -  239 words
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    Lock icon Comex gold
    89 20 Reuter COM EX GOLD futures were marked higher early yesterday on scattered buying with the inflation-sensitive traders weighing the prospect of a rally in NYMEX oil prices through the psychological barrier of US$lB per barrel. The February gold delivery was ahead US$O.6O at U*****.60 an ounce. Analysts pointed
    Reuter  -  89 words
  • Article
    Lock icon US exports soared in third quarter last year: IMF
    343 20 AP EXPORTS from industrialised Asian countries soared last summer but a cheaper US dollar made them harder to sell in the valuable American market, according to the International Monetary Fund. The IMF, releasing third-quar-ter figures on Monday for JulySeptember 1968, also
    AP  -  343 words
  • Article
    Lock icon Hard for Jakarta to reap full benefit of 'Pacific era'
    290 20 Oana-Antara THE LARGE population and limited income which have slowed Indonesia's economic growth will make it difficult for the country to take full advantage of the forthcoming economic growth of the "Pacific era", an Indonesian expert says. "Just compare Indonesia
    Oana-Antara  -  290 words
  • LATE FILE
    • Article
      Lock icon Soviets may delay troop withdrawal
      38 20 Reuter A SENIOR Soviet official said yesterday that Moscow might not be able to complete the withdrawal of its troops from Afghanistan by the February 15 deadline set in the Geneva accords Reuter
      Reuter  -  38 words
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      Lock icon Beijing accepts nuclear-free zone
      68 20 AP CHINA has joined the Soviet Union in recognising a nuclear weapons-free zone in the South Pacific and agreeing to a limited ban on nuclear weapons, Australian Defence Minister Kim Beazley said yesterday. Beijing and Moscow ars the only nuclear powers to sign the 1985 Treaty
      AP  -  68 words
    • Article
      Lock icon Logging ban draft approved
      31 20 UPI THE THAI Cabinet yesterday approved the first draft of a Royal decree ending all logging in the country following serious flooding in November blamed on deforestation.
      UPI  -  31 words
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      Lock icon Manila seeks US$500m loans
      38 20 AFP THE PHILIPPINES will seek about US$5OO million in loans from tha World Bank this year and borrow from foreign and local sources to cover the budget deficit. President Corazon Aquino said yesterday. AFP
      AFP  -  38 words
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      Lock icon Japan sets GNP growth at 4pc
      27 20 AFP JAPAN'S Cabinet yesterdsy approved an informal forecast of four per cent growth in Gross National Product for fiscal 1980. AFP
      AFP  -  27 words
    • Article
      Lock icon New Sultan of Jogjakarta
      29 20 UPI PRINCE Mangkubumi will succeed his late father aa Sultan of Jogjakarta with the title of Hamengkubuwono X, a spokesman for tha 200-year-old court announced.
      UPI  -  29 words
    • Article
      Lock icon Benazir arrives in Jeddah
      28 20 Reuter PAKISTANI Prime Minister Benazir Bhutto arrived in Jeddah yesterday for a pilgrimage on her first trip abroad since taking office last month. Reuter
      Reuter  -  28 words
    • Article
      Lock icon Foreign currency rules to end
      39 20 AP THE SWEDISH government has proposed in its budget the dismantling of foreign currency regulations to allow Swedes to invest more freely abroad and to let foreign investors increase their holdings in Sweden. AP
      AP  -  39 words
    • Article
      Lock icon Seoul is world's fifth largest city
      27 20 UPI WITH a population of 10.286 million people, Seoul is the world's fifth largest city, according to figures released yesterday. UPI
      UPI  -  27 words
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      92 20 <Jflg2B£> Qjfto/dt tup VR*>ya/ty (^kell/tound XT :-x W *i& yrrz V d/ee dffiie QjSfow C]/ee C^T/ie DISTINGUISHED OWNERS Qumh tkiabm*t\ I of Great §rrto*n President PaosAtvi of Finland King Monomm«»d V of Morocco King AJphonco X* of Spotn King Kod of (gypf of Trtpur Mohorofoh of Myderobod Premier Hansen of
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      14 20 LMdcr, PAGE 10 Jipwim firms In US react quMty to Emperor's death, PAGE 3
      14 words
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      189 20 The aitvir report was not ivtllsMt at prvH Him QUALITY BEFORE YOUR EYES I #$9 K vvv;> V y *v.l'.lilAVVv, Smooth,clear vision at any distance The true version by Rodenstock. Lett and right, ycxj have heard about progressive power lenses Here's the version you've been waiting for. At a time
      189 words
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  • SHIPPING TIMES
    • Article
      Lock icon Kvaerner buys six refrigerator ships
      92 21 Reuter NORWEGIAN shipping and offshore concern Kvaerner Industrier A/S has bought six refrigerator and freezer ships and Irgrens Larsen A/S, the ships' Norwegian operator, for almost 600 million crowns. The six ships were built between 1979 and 1981. The three largest ships are 15,100 dwt,
      Reuter  -  92 words
    • Article
      SIPS members to restore freight rates
      298 21  -  By ULY FERNANDEZ MEMBERS of the Singapore-ln-dia-Pakistan-Sri Lanka (SIPS) Agreement are to implement a revenue reatoration programme with effect from the first of next month. The grouping has also welcomed NYK Line as its newest member, from the beginning of this month. The Japanese
      298 words
    • Article
      Khor Fakkan doubles box throughput
      170 21 KHOR FAKKAN, the twoberth container port on the United Arab Emirate's east coast doubled container handling from 61,219 TEU in 1967 to 122,505 TEU in 1966. The port had suffered several times with the withdrawal of major customers, for example that of US Lines after
      170 words
    • PORT SIDES
      • Article
        PSA board members reappointed
        38 21 MESSRS Lam Chuan Leong, Tan Guong Ching, Martin Skaanild and Cdre James Leo Chin Lian have been reappointed as PSA board members for a further period from Jan 1, 1989 to March 31. 1991.
        38 words
      • Article
        Lock icon HAL, Carnival sign sale contract
        94 21 Reuter DUTCH TOURISM firm Holland America Line NV (HAL) and Carnival Cruise Lines Inc have signed a contract for the previously announced sale of HAL's cruise and tour business to Carnival. Under the deal. HAL sells three ships and 18 hotels in Alaska and Yukon
        Reuter  -  94 words
      • Article
        Lock icon Wartsia wins ship order
        72 21 Reuter WARTSILA Marine Industries, part of Finland's Wartsila Oy group, has won an order for a cable-laying ship worth nearly 100 million markka from The Emirates Telecommunications Corporation Ltd of the United Arab Emirates. The 2.150-tonne, 70-metre long vessel will be built at the company's Helsinki
        Reuter  -  72 words
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        Lock icon Ship casualty report
        170 21 Reuter Reuter Reuter THE Yugoslav bulk carrier Kumanovo sank on Jan 6 following a collision, Lloyd's Shipping Intelligence Service said. The 39,674 dwt vessel collided with the Moroccan chemical tanker Massira about 209 km off Casablanca. The 4,471 dwt Massira was returning to Casablanca. Reuter THE 33,869
        Reuter  -  170 words
    • Article, Illustration
      Lock icon Three fields shut by Piper disaster to reopen soon
      414 22 Reuter LIMITED oil production from three North Sea oilfields shut down by the Piper Alpha disaster last July is expected to start by the end of this month. A spokesman for Texaco Inc TX said that following news of the successful
      Reuter  -  414 words
    • Article
      INDEX TO ADVERTISERS
      1050 22 m H AMtroat IV H AC Tooptar n Aaarkoa TpI I 4 Aaro Wvm IV V> Arrow Una a s Aaaoa Ocaoa JO 4 Aaoc Corrioga n 5 ANt I 1/2 ATC Una V 4 Aft 2/3 ASCI 1 Allot Una i 3 A word* Shpg V
      1,050 words
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      Filipino seamen to get training on safety system
      383 23  -  By By AL 0 LABITA Jr MANILA is drawing up a crash training programme to update thousands of Filipino sailors on the new maritime communications system that will be in force five years from now. The new system called Global Maritime Distress
      383 words
    • Article
      Lock icon UK keen on building Chilean port
      160 23 Reuter BRITISH companies are interested in bidding for the construction of a new port in Chile's southernmost city which provides the cloeest shipyards to the Falkland Islands, British ambassador Alan White said. He said the planned sea link between the Fslklands and Punta Arenas
      Reuter  -  160 words
    • Article
      Lock icon WEEKLY FREIGHTS
      586 23 AFP SOVIET and Chinese purchases of US grain put new lif£ into the world freights market during the past week. A tonnage shortage and subsequent higher rates have been brought on by strong take-up by Soviet charterers and the attraction of combination carriers away to a firm crude
      AFP  -  586 words
    • Article, Illustration
      Cruise Muhibbah refloated
      310 23 THE 8,000-ton Cruise Muhibbah was finally refloated at 11.52 am yesterday, nine days after it ran aground near Pulau Jangkat in Indonesisn waters. Mr Halim Noor. general manager of Singapore-based Sslvindo Towage Salvage, said divers were still inspecting for any damage to the ferry. Tugboats managed to
      310 words
    • Article
      LONDON FREIGHTS
      1645 28 ACTIVE chartering wm again reported in the time-charter sector MkA llnnalnr ot im rrwgni mindi on Monoty, while M least three grain cargoes ware covered from the US QuN to Holland, ship brokers aaid. Soviet charterers are reported to have peid $14,800 daily tor a 72,000 tonner with
      1,645 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7343 28 mn win. jmi arts Lh w. llnn> Um. jw torn OWi Bay. MO ConMMeaa. Jan 11 Bmavon, lligM'-MXMYK Um. Jan IS. VMa be venue. CMA. Jan 11. Mhon. IMC. Jaa 12 Mug Enarvr Vang Ming Una. Jan 14. Korrtgan. IMC. Jan M.
      7,343 words
    • Article
      SHIPS IN PORT
      1025 28 VmnI 5^ Co* ChwgUag KoMEvn Koto Mufeo la Mo Mo# N«ogo 28^ Taaya Moru Wokwg Cob Fvroao CoMUnl 1 1 NMfc» 3 Ntago 31 KK> Ohm* 01 Woha* PAMM AT CONVENTIONAL WHARVES Berth Arrival OapartH WHARVES Ok idn.g.Hi 1201/0100 OS otaagada 1 KM/MOO «S oloagada 1201/ISO 02
      1,025 words
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      818 21 o<r > *0° TIMES STP Distributors OOCL Dedicated to C2tAd\\fy Service JAROINE SHIPPING AGENCIES (N€« CR-NO IS SOMMC) 200 Cwrtßrniwit tad iU-06 SouthpoMt Saippara 0201 Tal 221® 11 TELEX NO RS ***** TERMINAI/CFS Td *****11 220 BOOKINGS Tal *****34 235 PCSAKA JAROINE SNIPPING AGENCIES SON BHO PORT KELANG TEL' *****U
      818 words
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      Page 21 Advertisements Column 2
      81 21 mm LIMITED oil production from three North Soo oilfields shut down by the Pfpor Alpha disaster last July is expected to start by the end of this month. Pag* N MANILA is drawing up a crash training programme to update thousands of Filipino sailors on the new maritime communications system
      81 words
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      Page 21 Advertisements Column 3
      318 21 TIMES STP Distributors MAERSK LINE DESTINATIONS MCKO4NEY M LEDA M LCA M To Caliti/rma- US Gult US Atlantic-East Canada AH Mate' Serve* OAK LGB MOU MEM ATL MIA CMS T BAL To PNW West Canada-US Inland Px: nts Atlantic S<>^ To Europe U* Scan<jina*.a F niar To Mediterranean Sea M
      318 words
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      579 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BCNAVON FRANKFURT EXPRESS PILAR OSAKA BAY TOLAOA BAY NIPPOMCA P KELANG SOUTHAMPTON 14/1 HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP ALSO ACCCPTIM CAMO TO; AU UK INLAND OCSTINAT BCLf AST, DUBLIN. COPENHAfiEN. AARHUS, GOTHENBUR6. MALMO, HELSINKI. OSLO. CARIBBEAN ft S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT KAOS'PORE HONGKONG
      579 words
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      Page 22 Advertisements Column 2
      17 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 22 Advertisements Column 3
      563 22 ut Lloyd Trifstino w ■inrnihcr >f the Mil) i I H) OASIS ALTAI* OCEANUS TOKYO ALSO ACCEPT INC TO: ivn tm vm nm am mm urn im am am mm mm COLLYER SHIPPING PTE LTD 76. Sfcenton Way #13 00. Ong Bldg. Srngapi Tel: *****88 Fa« *****76 Tl« R*****9 U
      563 words
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      1013 23 S3 The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SEF PEGASUS PIONEER VI4N PEGASUS PROGRESS VSS4N TO/FROM BAI S'PONE t'KOK In Pwl-U Jan 14-15 Jm 14-15 Jan 18-19 Jan BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 ACCEPTS CARGO DUC SAILS BINTANC
      1,013 words
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      687 23 EXHttSS SERVICE TO/from CHILE FEEDER IS'KME I Horn* VESSEL MK TOKO MICA IQQ ANTOFVALP Ml VESSEL CSAV 2 un CAM ICR 2 nn Nfl 12/3 SCSAV I W1 ATACAKA V MSKB 25fl IVJ 22.3 *0 UP 2*3 CSAV 1 27/1 A VESSEL 1/2 «2 MH SJJ CA*OO FOR PUNTA ARENAS,
      687 words
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      493 24 9, IXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading forETA 27/1 BANDAR ABBAS >UTH PACIFIC BERVH MOTHER WSI KYOWA VIOLET V.23 KYOWA HIBISCUS V 35 LOAD FOR: VILA, NMA. LTK, SUVA. PAGO. APIA VILA. NMA. LTK. SUVA. PAGO. APIA CUAM/BAIPAN SERVICE OCEANIA EXPRESS V-26
      493 words
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      Page 24 Advertisements Column 2
      836 24 HANJIN SHIPPING CO., LTD. EUI I V CONTAINERISED SERVICE OUTBOUND SERVICE TO U.S.A. CANADA I TO EUROPE VIA SUEZ FROM EUROPE VIA SUEZ Member of the Ace Consortium I CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL WONSBON 44 KUANTAN SPORE LOADIN6 FOR 23/1 DUBAI. DAMN I. KUWAIT To: PACIFIC SOUTH WEST
      836 words
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      Page 24 Advertisements Column 3
      186 24 DOMCSMAMA L.IIUB SPORE PKILANC PtNANG INCHON BO SAN SINGAPORE CLOUT MU 14 Jan 15 Jan It Jan Jan a Jan PULSAR ¥07 IS Jan tt Jan Jan a Jan HAJ YING mi H Jan Jan II Jan i f+ BUSAN GLORY VW V Jan BJan Jan I Fat M Fak
      186 words
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      Page 24 Advertisements Column 4
      726 24 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTING CARGO TO: 1) PROVIDENCE. NEWARK. SAVANNA* BOSTON PHILADELPHIA. NORFOLK. tACHSONVH.Lt WILMINGTON RERMUOA ETC 7) ATLANTA. CHICAGO DETROIT COLUMBUS t OTHER MAJOR MCROBRIOGE DESTINATIONS 1) BALBOA. LMON. 0 MONTREAL. TORONTO VIA I Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST INBOUND OUTBOUND
      726 words
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      653 25 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE ACCEPTMO MURURAN/TOMAKOMAI/HTTACHI CARQO VIA HKO JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE KOTA MAWAR OOWA KOTA HAWAII KOTA MAWAR KOTA MAWAR BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE RED SEA/EAST AND WEST AFRICA
      653 words
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      Page 25 Advertisements Column 2
      208 25 CHINA OCEAN SHIPPING COMPANY KK KS r.N| Pi YIN CMUAN a/1 loadint tar Rotterdam/Antwerp PMMt M 0« Sport BU Hkj Sha. Qingdao SHAW CHENG St 2S/1 17fl 27/1 Iff 7/2 YANG FANG KOU V 27/1 2*l 2/2 $7 M/ 2 PCI Carfp tar all otter CMmm ports > aH inland
      208 words
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      Page 25 Advertisements Column 3
      608 25 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT CNy W UMtar* Ptiiiii urpß* EXPRESS CONTAINER SERVICE FROM UK/CONTINENT NAWt STON MUM IPOM H* l** I*l I*l HH4. MO •■M U»nu bM s«w SmM SMM SwM an tow I** I*l ZTfl MM. RAO ■mra S»M SmM I*l an mm l«P** MM
      608 words
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      Page 25 Advertisements Column 4
      412 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 vsiyvoY SRIWIJAYA/2SWB KUTAI 16WB S. PANJANG/21WB S. PANJANG/21WB |«fl.j/3 12*3 1/4 Sufcjoct to InducamanL Atao accapttng c«roo to Casablanca Port Sato Port Alexandria, OanoaTTrteato^ ALSO ACCEPTING BOTH CONTAINERS.
      412 words
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      Page 25 Advertisements Column 5
      342 25 BOUSTEAD SHIPPING AGENCIES LASH tO VMS HTONEYWA VMM PA-AN VI34H BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) m* Loading for Rangoon •'port P.Ktlang Penang Bangkok" «M Jan IVM Jm BANK UNE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE ROAM HULL HM IVY BANK V23N 11/2 2M 22/J ia u r^^
      342 words
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      542 26 K N. AMERICA-ATLANTIC COAST .OMENTAL FREEDOM ORIENTAL FAITH/ RAINBOW BRIDGE It ORIENTAL FRIENDSHIP AMBASSAOOR BRIDGE ww feeder ORIENTAL FREEDOM RIENTAL FAITH RIENTAL FRIENDSHIP AMBASSADOR BRIDGE VOV *INDO 23 90 12 m 12 23/1 21 29/1 VOV LB 22 1/12 •PK/PNG m 17/1 R VESSEL NTAL FREEDOM lENTAL FAITH lENTAL FRIENDSHIP
      542 words
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      232 26 GOLDENWAY MARITIME SDN. BHD. ETA ETD Loading For MARITIME No.l Vl/89 In Port 14/1 Kuching/KK MEW LINE No.l Vl/89 14/1 17/1 Min/Kuching SWEE ANN SATU V 2/89 23/1 27/1 Kuching/KK/Labuan 6A, Loroog Cempening, off, Jin. Berangan, Port Klang, *****, Selangor. Tel *****80. *****84 *****88 Fai No: *****64 Telex No: MA
      232 words
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      Page 26 Advertisements Column 3
      477 26 AUSTRALIA EXPRESS CONTAINER SERVICE AwpMng FCUFCL Contains KALIOAS V.40 TUISIDAS »J9 KALI OAS Ml TULSIDAS V 40 P Mia* IW| Loa*m kr •r Faaftr Faadar FrwiAMhAMfcUAM IF* IFA Fran/M*t>/Sy«t/A<M 2 Mar 2Mv Fram/MaUSpto/AtM 1% 1 Ap. INDIA EXPRESS CONTAINER SERVICE llll|»l| FCUFCt Snppon P.KaM* Nrm( loadmt tar MoOmt m Br
      477 words
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      Page 26 Advertisements Column 4
      459 26 GOLDEN LINE GUAN GUM SUPPING (PTE) LTD S. Tatok Ayw Strwt SINGAPORE 0104 TEL. STRAITS/PERSIAN GULF SERVICE: s pm PA QOCMN KM CNmO*KmdM/o*a 1100 JM OOCMN MARVUT CdoMMIUndWOubM/BArwi 20/21 Jm CHINA SERVICE AVESSELttanvwsk««». amiM CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA li GU CHINC (AO CHiNC -r*n
      459 words
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      Page 26 Advertisements Column 5
      405 26 Hi fii "i 'rgTn. PHILI OHKNT LIN€S PT€ LTD HfAO OFFiCE 53 ROBNSON ROAD -07 1? AFRO AS.A BUUDING SINGAPORE CIC6 THE* RS ***** PMIU FA* *****76 IjJ'i/ij'lJ'-.ai-'llM ETA SINGAPORE DESTINATION 'I "T rr m TrT 7*v *>V'nw!r't: f ia m >in ,r*\wrj iini 1 m sz 2 rr~r TTr
      405 words
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      930 27 NEPTUNE AGENCES PTE. LTD. Eimnm FE El Z7W77 UK) EXPORT i KPUNESONBW K Lumpur Pinn *****33 6^003* NEPTUNE ORIENT LINES LTD SODS 23CM0 *****0 am *****1 *****2 VBl/VOY PCM PEG SGP MOTH KB VWVOY 9GPLEHTU EDM HAM UK Pkm fSSJ "2" I Worid Bod <•* 1«W 01/01 03/03 04/02 08/02
      930 words
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      Page 27 Advertisements Column 2
      261 27 9% DON AM HEUNG-A SHIPPINC Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG. PENANG, KEELUNG BUSAN. INCHON VMMi't Nam ETD K S'PONE PKLG KEE BUSAN Mil NO I DONAH/BIN 04/01 14-11/01 17-11/U 2»-2t/01 20-JIJOI 2*ol tMAGNET/901N 15/12 27-21/01 21-21*1 05-05/02 11-12/02 11/B #CLORIA/WN 23/01 02-03/02 04-01/02 12-12/02 15-17/02 15/02 NOIDONAM/M1
      261 words
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      Page 27 Advertisements Column 3
      152 27 ~JX. JE CONTAINER LINE. INC NEW SERVICE SYDNEY/MELBOURNE FREHANTLE AUCKLAND. WELLINGTON N.PLYMOUTH. C.CHURCH S/WAAGAIvr JE CONTAINER LINE (S) PTE LTD TEL *****59 (20 LINES) FAX *****63 P.KLGAGEXT- JE CONTAINER LINE (M) SDN BHD TEL (03 *****00 1 (8 LINES) INDIA Conventional/ LCL/FCL S*nrtc*« To COLOMBO, KARACHI, CHnTAQONQ, BOMBAY, MADRAS CALCUTTA
      152 words
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      Page 27 Advertisements Column 4
      811 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 ***** PENANC f Kf» »nf MESSRS MAI THONG SHIPPING 127 PwangStraat. Panat MiN| m US HANDLING SVSTBI CO
      811 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      200 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 225 6868 (34 lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAD r DSR-LINES ER DFUTFRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE IMNACA ACCEPTING CARGO FOR UMASSOL BEIRUT, LATTAKIA, ALEXANDRIA, PORT SAIO,
      200 words
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      Page 28 Advertisements Column 2
      58 28 \r~ T.S.K. LIME WEEKLY CONTAINERISED SERVICE WITH FIXED DAV ARRIVAi aaaimcjri' j n-n FROM JAPAN TAIWAN T3KLINE AGENCIES (8) PTE LTD TEL: ***** M W. MALAYSIA AGENT: TRANS-ASIA BMPPMO CORP. TEL: K.L. *****77 PKL *****64 PNG 612H2 HINODE KISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE MIDDLE EAST REGULAR LINER l
      58 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      152 28 fe. i Regional Weather ri i F "a Bf? it, s < m SIGNIFICANT WEATHER AND SEA CONOfTIONS AT 7JO AJtlm 11. IMS V s W«d Arect»on with %p*ed *1 knoh R Thrf*Worm c X\ Shower Weather Wnd dvecton with ipml n knot* Ran QJ Sky Wov WfK* -«*h art
      152 words
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      449 29 FARGO SHIPPING Tel: SS4 01SS DESTINATION ETA SINGAPORE n <# POST KELANG, PENANG (FCt) HONG KONG KEELUNG, KAOHSIUNG JAKARTA (FCL) TOKYO. KOBE. BUSAN (FCL) KARACHI, BOMBAY, COLOMBO (Fa) JARU BHUM PITA BHUM SIRI BHUM BUNGA BUTANG KITI BHUM 16/1, 29/1, 7/2. 14/2 ILA.L.IJ 15/1, 22/1, 29/1 14/1, 15/1, 1«/1, 11/1
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      231 29 CSP SHIPPING AGENCIES PTE. LTD. (FULLY CONVENTIONAL) VESSEL TBN ETA SIN 8.1.89 CHITTAGONG CALCUTTA/KAOSHIUNG Special TWIN 2S TON HEAVYUFT TEL: *****66 (16 Lines) Tlx: ***** CSPFRT Fax: *****61 Hamburg West Germany Tiger Line BEN LINE AGENCIES (S) PTE. LTD. Telephone: 225 3522 Telex: RS ***** SIM SWEE JOO SHIPPING SDN.
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      961 29 Tatsumi Marine MRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) I Direct call to other ports subject to inducement (also accepting transhipment cargo OROBA Y MADANG. KIETA. WEWAK KIMBE RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Tsfc *****77, *****34, *****71 m. omcL tv i KIVKCI FTL LTD. (S'POtf) TEL
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      572 30 m FINE-LINER SHIPPING PTE LTD 70 Shenton Wiy 04 02C Mjnnj House. S pore 0707 TEL *****77 (8 Lines) TLX RS ***** FLINER FAX *****56 EUROPE SERVICE (FCL LCL) I Mm"." pttt 1 |22 |u« iw in lw» \ai2 |an |?w FAR EAST SERVICE (FCL LCL) 3 II II j¥.
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      649 30 ZIM FULL CONTAINER SERVICE acce*.nf FCL/tCL carjoe. to USA Ea«t t Woit Caa«. Carrtbtoean East Canada, HAITI. Caota Rica, El Salvador. Guatemala Honduras Venezuela. Poru. Ecuador. Coiomkta via Miami Trinidad Barbados Antigua. St Lucia. Montserral Cuayana via Kinfston I BTTB'MITWiTI'T, AUSTRALIA CONTAINER SERVICE ZIM MELBOURNE 71/1 ZIM YOKOHAMA V? ZIM
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      258 30 LL OTHER QBE ON REP. OF PHILIPPINES PORTS" Pwwnf* P. KeUng* Singapore MURRAYEVERETT 17/1 j Jafl THOMASEVERETT n& J»n HUCHEVERETT 4* FeC LOADING FOR CMITTAGONG, MONGLA (CHALNA) AND CALCUTTA#, ALSO ACCEPTING CONTAINERS TO CHITTAGONG AND CALCUTTA# Singapore P. KeUng* Pananf* MANOLOEVERETT 24/26 Jjn ROSEEVERETT Jan 31/Fafc 2 iOHNEVERETT t/10 Fab
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      Page 31 Advertisements Column 1
      229 31 Seabrfctafe rmmmiMi J EURO AF6HAN/IRAN/IRAQ SERVICES JEURO EASTERN HOC SERVICES SEABRIPGE EUROPE a SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAG£ FROM SINGAPORE PORT KELANG PENANG J? 7 ?*HAVRE. ANT. GENOA, ARAHUS. STOCKHOLM, HEL, CWL GOTBG. MARSEILLES, OSLO ft ALL INLAND DESTINATIONS POINTS SEABRDI6E FAR EAST. VIETNAM CHINA SERVICES FCL^LCL WOUPAGE FROM SINGAPORE
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      185 31 Consolidation Service PAPUA NEW GUINEA SIN: 23/1 PT MORESBY/LAE PACIFIC ISLANDS SIN: 27/1 NOUMEA/PT VILA/SUVA/ PAPEETE 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 ***** Ngship Agencies NGJ 79 Sh«nton Way #06-02 Sr TEL. *****74 FAX *****00 TLX
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      Page 31 Advertisements Column 3
      522 31 SING KWANG HANG MMMMO 4 TRANSPORTATION (PTf) LTD WEEKLY LCL/FCL SERVICE FOU BOOKING i ENQUIRIES, PLEASE CONTACT:* MMQAFOftf TIL; 7MM*I. 717WM. 7T7T7IJ TLX: IMII MOOT FAX: 7MUW J. BAHftU TIL: (*T)UMW. am, PAX: MMS K. LUMPUR TIL: (OmMMtt. W4712S TLX: MA MM SKKMKL PAX: M ***** ■AMOKOK TIL: (02V*****J5/7 PAX:
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      Page 31 Advertisements Column 4
      491 31 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASIA TO TAIWAN, HONGKONG AND THAILAND. ABLE TO LIFT REEFER OTHERS CONTAINERS OCEAN INTL MARINE CORP PTE LTD *****11 (5 L1NE5V*****49 (Direct) 190 Ml
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      Page 31 Advertisements Column 5
      441 31 PTC CONTAINER LINES ICI ICI SERVICE U| fM lAIT 15/1 KEELUNG/KAOHSIUNG 13/1 BANGKOK 15/1 MANILA 14/1 JAKARTA 14/1 PORT KELANG/PENANG 16/1 BUSAN 17/1 TOKYO/YOKO/KOBE 16/1 HONG KONG also accepting cargo to Huangpu Shenzhen Xiamen/Xingang/Shanghai 20/1 RDM/HAM/ANT/LE HAVRE/GENOA 20/1 LDN/FLX/LVP/SOU I*71 JTM T 15/1 LA./NYC/SFO 15/1 VANCOUYER/TORONTO/MONTREAL 22/1 SYD/MELB/ADEL/FREM 2/2 AUCKLAND/WELLINGTON
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      Page 32 Advertisements Column 1
      346 32 Hai Sun Hup Co (Pte) Ltd ~IL r EI *****06 (20 Lines; TLX HS ***** &RS ***** r INTERMARITIME SOUTHERN AFRICA SERVICE •Also calls E L. 4 P L GENERAL AGENTS: HAI SUN HUP CO. (PTE) LTD. KOTA KINABALU TEL: 221SM KUALA LUMfUir TEL: 242*340 JAKARTA TEL: STOOOI Mitsui OSJL
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      Page 32 Advertisements Column 2
      449 32 Ta.CHO YANG LINE FAR EAST/EUROPE FU^Lf B CONTAINERISED SERVICE WESTBOUND CMOVANC SUCCESS IW HANJIN ROTTERDAM IW KOREAN JACEJIN 47W QUEENSWAY BRIDGE 7W Alto accaptint InUod UK Afltwry and port* EA3TBOUNP v CHINA CONTAINER 4K 14/1 MK CONTAINER SK 17/1 KOREAN JACEJIN 4tt 11/1 Ufc tor HK/KAO/BUSAN/OSAKA/TOKYO STRAITS TRANSPORTATION PTE LTD
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      Page 32 Advertisements Column 3
      185 32 GENERAL AGENT: SINGAPORE NEPTUNE AGENCIES PTE LTD Tel: *****90/*****20/*****33/*****69/*****79/ *****02/*****77 AGENT: MALAYSIA NEPLINE SDN. BHD Kl/PK/PNG Tel: *****33 (KU/*****9 (PNGI *****87 CPK) AGENT: THAILAND BARA SHIPPING AGENCIES CO LTD Tel: *****14/*****15/*****16 WEEKLY SERVICE TO BINTULU, MRI ft KUALA BELAIT V** BtNTANC SCR IA II BINTANC BELAIT X Cargo Due SaMs
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      Page 32 Advertisements Column 4
      673 32 re CALL US AT: P. KELANG PENANG J BAHRU P GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4. *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE VSL SU rr LOADING FROM GOTHENBURG. BREMERHAVEN. HAMBURG ROTTERDAM OTHER ORIGINS AARHUS. AMSTERDAM. ANTWERP, BASLE. BREMEN. COPENHAGEN, II HAVRE,
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