The Business Times, 12 January 1989

Microfilm: NL16449
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, JANUARY 12, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    235 1 Dow Jones up WALL STREET stocks were little changed in early trading yesterday. The Dow was up four points at 2198, again approaching the 2200 psychological resistance it has failed to cross on a closing basis. Router Footsie down LONDON share prices drifted marginally lower at midday
    235 words
  • Article, Illustration
    Asian markets close mostly higher
    206 1 MOST regional markets closed firm yesterday except for Sydney where share prices took a tumble. Tokyo continued its sharp ascent to reach an all-time high on continued optimism at the start of a new Imperial era. The Nikkei Index rose 136.94 points to 31,143.45. This
    206 words
  • Article
    US dollar hits three-month high in Tokyo
    128 1 THE US DOLLAR hit a threemonth high against both the Japanese yen and the West German mark in Tokyo yesterday following speculative buying from Singapore and Hongkong dealers. There was also active US dollar buying by Malaysia's central bank, Bank Negara, dealers said.
    128 words
  • Article
    Lock icon Co Thach expects Cambodian solution in three months at the earliest
    519 1 AFP THE CAMBODIAN CONFLICT will be settled in the next three months at the earliest and by September at the latest, Vietnamese Foreign Minister Nguyen Co Thach said yesterday. "At the earliest, we hope that the Cambodian problem will
    AFP  -  519 words
  • Article
    Sembawang acquires 16pc of Jurong yard
    516 1  -  Deal made with Temasek Holdings By ELAINE KOH SEMBAWANG HOLDINGS has agreed to take over Temasek Holdings' 16.23-per-cent stake in Jurong Shipyard, in what the market widely perceives to be part of an ongoing expansion and diversification plan within the Sembawang group. In the
    516 words
  • Article
    'Seven sisters' still holding top spots
    461 1  -  By MAGDALENE NG THE LOCAL stock market's 'seven sisters' have tenaciously held on to their billion-dollar league positions in BT's latest year-end Top 100 line-up in terms of shareholders' funds. The companies Singapore Airlines, DBS Bank, Sime Darby, Harrisons Malaysia Plantations, Oversea-Chinese Banking Corporation,
    461 words
  • Article
    Lock icon Shorter Asia-Europe air route
    132 1 AP CHINA is expected to approve a new international air route that would cut up to two hours from flights between Asia and Europe. The new route would begin in Hongkong and cross Chinese air space from the south-east to the north-west before passing into the
    AP  -  132 words
  • Article
    Lock icon Jump in US electronics sales
    104 1 Reuter US FACTORY SALES of electronic equipment components and related products are expected to have risen more than 8.7 per cent in 1988 to US$242 billion, the US Electronic Industries Association said yesterday. The fastest growing sector was electronic components. Computers and industrial electronic sales
    Reuter  -  104 words
  • Article, Illustration
    It's the future we are pondering, says BG Lee
    574 1 BRIGADIER-GENERAL Lee Hsien Loong Mid yesterday that in formulating a National Ideology, Singaporeans are really pondering on their future. In a speech at the third lecture of the Alumni International Singapore, he painted three possible scenarios of what the future could
    574 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      147 1 Burberrysl I Reigns when it pours Full report, PAQE 16 Regional markets, PAQE IS O 0 'J tt 'fffi*?/* >'"sX -^\\w -S/ V /y o </ 0 'A V; -ONI' >1 u WE KNOW HOW IT FEELS TO DESMAIi At Great Pacific Finance, you'll find an open mind and a
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      Page 1 Advertisements Column 2
      230 1 Full list of BTs lop 100 companies by shareholders' funds, PAGE 14 Editorial Comment 10 EDB always on its toes Or Mahathir Mohamad 10 A man with a mission New Economic Policy 10 Malaysia has date with history Construction ....2 Hwa Hong unit clinches deal Corporate Image 3 AAS carrying
      230 words
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      Page 1 Advertisements Column 3
      4 1 Mora stortos, Back Pag*
      4 words
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      Page 1 Advertisements Column 4
      71 1 TOTAL TRANSPORTATION ®TEL:2dS-3833 CROWN PACIFIC M E L W A N I THE MENS FASHION STORE V <■ 5 m j*. 2« v. V k; ■dSfmt Sv *tA i •ii v>< w t <-? 1 1, h m m p sn: rv,'i* iy." 3 »n g.» CM PANC.ALDI B STBANO
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  • HOME NEWS
    • Article
      Hwa Hong unit wins $38m contracts
      353 2  -  Pumphouse and museum jobs By JOHN TAN SINGAPORE Piling Civil Engineering, the construction arm of listed Hws Hong Corporation, clinched two contracts worth more than $38 million recently. The last contract in the $30 million region was in 1967 when Singapore Piling, together with
      353 words
    • Article
      CIDB going all out to raise construction standards
      349 2  -  By LILIAN ANG THE CONSTRUCTION Industry Development Board (CIDB) is launching an aggressive campaign to encourage contractors to aim for higher quality work. For a start, a week-long programme with activities including seminars, visits to sites of award-winning projects, workshops and an
      349 words
    • Article
      Kikkoman sauce popular in W Europe
      434 2 SOY SAUCE made in Singapore using American raw material has found a ready market in Western Europe. In fact, the reception for Kikkoman soy sauce is so good that the manufacturer has spent $20 million to increase the production capacity of its factory in
      434 words
    • Article
      Community Chest aims to raise $15m for '90 budget
      353 2 THE COMMUNITY CHEST of Singapore (CCS) is planning to raise $15.1 million this year for its 1990 budget allocation. This was announced yesterday by Dr Ee Peng Liang, the president of the CCS. The 1989 target is 28 per cent higher
      353 words
    • Article, Illustration
      Singapore man heads clubs' association
      313 2 MR PAUL ARMSTRONG, a consultant of Gasi Travel Agency Singapore, has been elected as world president of the Association Internationale des Skal Clubs (AISC). This makes him the first person from Singapore and the Asian region to hold this post since AISC, or Skal, was
      313 words
    • Article
      Institute to start artificial intelligence course
      249 2 THE INSTITUTE of Systems Science (ISS) will launch a new course in August to help Singapore tap the global artificial intelligence (Al) market which is expected to reach US$2.3 billion by 1992. The postgraduate diploma course in Knowledge Engineering in August will last 44
      249 words
    • Article
      Seow's trial adjourned for the fourth time
      161 2 THE TRIAL of lawyer Francis Seow for evading tax on $60,000 in commission was adjourned for the fourth time yesterday to enable the defence to obtain more detailed and up-to-date medical reports on Seow, who is undergoing treatment in New York. Judge Sarjit
      161 words
    • Article
      Foreign Minister outlines goals for next five years
      395 2  -  ADDENDA TO PRESIDENTIAL ADDRESS By SHOEB KAGDA WITH COMMUNIST COUNTRIES going through a period of self-examination and change, and East-West relations having never been more relaxed, the Foreign Ministry's goals for the next five years are to seek continuity in foreign policy
      395 words
    • Article
      SAF to improve training and use of manpower
      354 2 THE SINGAPORE Armed Forces will have to counter the effects of low birth rates in the 1960s and 1970s by improving the training, deployment and use of regulars, reservists and full-time National Servicemen, said Defence Minister Goh Chok Tong Mr Goh, who
      354 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      214 2 FRANCIS LIM has been promoted from associate director to director of Knight Frank Cheong Hock Chye Baillieu. His appointment takes effect from this month. In his new capacity he will oversee the corporate evaluation services division and head the research and development consultancy department. TRAVEL-TRADE magazine Tourism
      214 words
    • Article
      Shell raises wholesale prices of oil products
      142 2 ANGLO-DUTCH COMPANY Shell has raised the posting (wholesale) prices of its petroleum products, a practice usually followed by an upward revision of pump prices in the next few days. From yesterday, Shell's motor petrol grade 97 octane (0.15 GPB/L) and grade 92 octane
      142 words
    • Article
      Poly lecturers in plan to help firms automate
      294 2 LECTURERS from the Singapore Polytechnic will soon be working with the Automation Applications Centre (AAC) on a scheme to help labour-intensive companies automate. The proposed scheme part of a $60 million package by the Economic Development Board to help companies with a
      294 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      69 2 Why worry about rising office rentals? Buy your office now at THE PLAZA! Prime offices for sale by Developer Size from 173 sq. ft to 13,415 sq. ft Over 700 carparking lots Located outside CBD at Beach Road Well-maintained building $550 p.s.f. 0.n.0. Attractive loan available Subject to existing tenancies
      69 words
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      Page 2 Advertisements Column 2
      167 2 WORLDWIDE EXPRESS R Prompt pick-up and delivery 24 hours a day JOINT VENTURE, BUT OVER UR ANT SOUND PROPOSALS a) Johore Bahru A piece of land ideal for holiday resort development almost 1,000 acres, free from mortgages, owner willing to consider reasonable proposals. b) An edible oil factory with modem
      167 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      C & C launches media blitz for latest Mercedes model
      378 3 C C launches media blitz for latest Mercedes model THE FIRST in a series of media blitz by Cycle Carriage (C&C) for its latest Mercedes model, which will cost $182,600 (ARF), was launched yesterday. Some 450 people, mainly potential customers, turned up at the Shangri-La Hotel for the lunch-time launch
      378 words
    • Article
      Research Pacific's M'sian unit doing well
      231 3 WITHIN A YEAR, Research Pacific's Malaysian market research firm has netted about $1.5 million in billings. The Singapore-based market research consultancy firm, which launched its subsidiary in Kuala Lumpur last November, currently has more than 12 clients. "The move into Malaysia was a good
      231 words
    • Article
      Lock icon US cigarette industry fights back with big campaign
      671 3 NYT THE US$55 BILLION American cigarette industry, facing a serious threat from a proliferation of city, county and state anti-smoking laws, is fighting back with a richlyfinanced nationwide campaign to organise opposition to the legislation. The cigarette companies' aggressive use of economic
      NYT  -  671 words
    • Article, Illustration
      British High Commission launching publicity drive on UK economy
      301 3  -  By JAYARAM MENON THE BRITISH High Commission, in an unprecedented move, is launching an advertising campaign on the British economy. It wants to correct any misconception about the British economy and to encourage more direct investments in Britain, said Mr David
      301 words
    • Article, Illustration
      AAS carrying out market survey on corporate image
      426 3  -  By JOHN TAN THE AUTOMOBILE Association of Singapore is currently conducting a market survey on its corporate image, in particular, its logo wffich is felt to be outdated. Early this month, the AAS started sending out questionnaires to all its 36,000 members.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      11 3 Keep your investment decisions on target IHAKTPOIHII L# EVERY SATURDAY X
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      Page 3 Advertisements Column 2
      90 3 n laiPtli r -V Something unique. Ambience, where your senses ore aroused, your mood changes as you surround yourself with timeless treasures of the finest quality, Bamboo, Coromandel, leather, Hand-forged Iron, Mactan and Fossilized Stone... The Henredon Collections. Ambience makes your dreams and fantasies come true. Welcome to Ambience. Call
      90 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Japan expects slight fall in trade surplus
      611 4 Economic growth forecast at 4pc IHT JAPAN'S trade surplus will shrink only slightly In the fiscal year beginning April 1, and the economy will continue to grow steadily because of robust domestic demand, the Japanese government said on Tuesday. Government officials said Japan
      IHT  -  611 words
    • Article
      Lock icon Saudis raise estimate of oil reserves by 51 pc
      298 4 FT SAUDI ARABIA has reaffirmed its position as the world's preeminent oil power with a 51 per cent rise in its estimate for recoverable crude oil reserves to 252.38 billion barrels at the end of 1988. The 85 million-barrel increase in
      FT  -  298 words
    • Article
      Lock icon Opec accord improving first-quarter outlook for oil industry: analysts
      400 4 Reuter THE OPEC production accord is boosting oil prices and the firstquarter earnings prospects for the oil industry, analysts said. "Oil stocks are going to do well in the first quarter because people are going to be surprised about the strength
      Reuter  -  400 words
    • Article
      Lock icon Seoul oil Imports from Beijing to rise
      125 4 AP SOUTH KOREA'S crude oil imports from China are expected to increase this year, reflecting growing trade relations between the two nations, according to Seoul government officials. The officials said yesterday South Korea was expected to import between four million and five million
      AP  -  125 words
    • Article
      Lock icon Tin group to ask Brazil to curb output
      334 4 Bernama AP THE ASSOCIATION of Tin Producing Countries (APTC) will have to persuade Brazil, which is not a member of the sevennation tin body, not to raise its tin output, Datuk Keramat Smelting Sdn Bhd managing director Nazir Ariff said. This might
      Bernama; AP  -  334 words
    • Article, Illustration
      Lock icon EC will not close door to Asian countries, Italy assures Japan
      566 4 UPI JAPANESE Foreign Minister Sosuke lino has received assurances from Italy that the creation of a European single market in 1992 will not mean a closing of the door to Europe's Asian trade partners. "The Europe we are building
      UPI  -  566 words
    • Article
      Lock icon Italy plans to lift trade curbs on Japanese goods
      269 4 Reuter ITALY is planning to lift a series of trade restrictions affecting Japaneee goods, ranging from ball-bearings and motorcycles to cooking utensils, as part of a drive to boost bilateral commerce. Italian officials said in Rome on Tuesday that Foreign Minister
      Reuter  -  269 words
    • Article
      Lock icon Chinese exports hit record US$4O billion
      159 4 AP CHINESE EXPORTS topped US$4O billion last year, setting a record and exceeding official targeta by several billion dollars, the People's Daily newspaper reported in Beijing on Tuesday. It quoted preliminary figures released by the Ministry of Foreign Economic Relations and Trade aa showing
      AP  -  159 words
    • Article
      Lock icon Thai government orders nationwide ban on logging
      319 4 Reuter THE THAI GOVERNMENT, reacting to public outrage over rampant deforestation, has ordered a nationwide ban on any further logging in the country's tropical forests. The Cabinet, at its weekly meeting on Tuesday, issued a decree abrogating all timber concessions. It said compensation
      Reuter  -  319 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      912 4 ARRIVALS Operator Sorvico numbor Local From tint* SU ftl KAL TMA IAC SU MAS MAS MAS ACA SU CPX GU •AL GU SU MA SU GU PAL SU THA GU MAS GU SU SU SU •AW SU SU SU THA GU SU SU THA CM MAS MAS
      912 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      61 4 Superior Shark's Fin is Guaranteed Genuine Loose Shark's Fin may be an imitation Our Chef's recommendation Braised Superior Shark's Fin with Chicken Soup USUAL OFFER $12.80 Xin Zhang Jiang Monte Seafood Restaurant Pte Ltd Restaurant Pte Ltd 3rd Floor, Hotel Miramar No 401 Havelock Road Singapore 0316 Tel: *****35 #03-32
      61 words
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      Page 4 Advertisements Column 2
      59 4 fI 1a \l J m Ifl Ia The business person's choce, every I I 1 II 111 I Tuesday. Thursday. Saturday'and I I II I II I I I Sunday. Leaving Changi Airport at X 22:05 hours and arriving at Lester B. Pearson Internotionol Airport the following (Jay Coll your
      59 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      33 4 Nassau Now DaM N«. York Nfcoslo Oslo Paris P*rth Rio 'Janeiro Rom* San Frts'co San Jvkxi Santtogo Soo Paulo Soowl Stockholm Sydn*y Talpol Tokyo Toronto Vancouver Vienna Warsaw VA/n^ikuitiTLn ▼y O %r in^ro^
      33 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Capitalism has won, says Reagan in final report
      514 5 AP UPI PRESIDENT REAGAN, issuing his final report on the US economy, hailed the free market and reduced government regulation on Tuesday for producing the economic gains of his eight years in office. "Today, it is as if the world were born
      AP; UPI  -  514 words
    • Article
      Lock icon Washington plans levies on makers and importers of ozone compound
      240 5 Reuter THE US government said producers and importers of chlorofluorocarbons (CFCs), a compound blamed for speeding up the depletion of the earth's ozone layer, should face substantial government charges. In its fiscal 1990 budget papers, the administration said the Environmental
      Reuter  -  240 words
    • Article
      Lock icon Bonn advises cooling down meat row with US
      398 5 Reuter AP WEST GERMANY will not encourage further retaliatory trade measures against the US and is urging its European Community partners to cool down its trade war with Washington, according to government sources in Bonn. EC foreign ministers will meet in Brussels
      Reuter; AP  -  398 words
    • Article
      Lock icon UK exporters unprepared for 1992
      165 5 AFP MORE THAN 63 per cent of British companies think that the single European market in 1992 will increase their business, but 28 per cent do not think special preparations are necessary, according to a survey published in London on Tuesday. The survey was conducted
      AFP  -  165 words
    • Article
      Lock icon Gorbachev moves ahead with reforms amid public doubts
      290 5 Reuter SOVIET LEAOER Mikhail Gorbachev has embarked on the latest step in transforming his country's parliamentary system amid public doubts over whether the overhaul will amount to fundamental change. He told the communist party's central committee in Moscow on Tuesday that the
      Reuter  -  290 words
    • Article
      Lock icon Panel outlines plan to cut European unemployment
      521 5 IHT WESTERN EUROPE could reduce the swollen ranks of its unemployed by more than half by the mid-1990s if governments adopted an aggressive new strategy of job creation and economic growth, a high-level international commission suggested on Tuesday. The independent commission, headed by
      IHT  -  521 words
    • Article
      Lock icon UN body spends nearly US$lb on food aid
      105 5 AFP THE WORLD Food Programme provided development aid worth US$76l million and another US$2l2 million in emergency aid during 1988, the United Nations body said in Rome on Tuesday. The programme s annual report listed shipment of 1.9 million tonnes of food
      AFP  -  105 words
    • Article
      Lock icon British funerals proving to be costly undertakings
      194 5 Reuter BRITAIN'S undertakers are raising the cost of dying faster than the cost of living, according to a government report released in London on Tuesday. The Office of Fair Trading, a government watchdog body, said the price of an average British funeral had
      Reuter  -  194 words
    • Article, Illustration
      Lock icon Verity says recession in US inevitable
      476 5 Grace period from six to 12 months Reuter AMERICAN Commerce Secretary William Verity, a former businessman, said on Tuesday he was convinced there would be a recession in the US but that it would not come for six to 12 months. Mr Verity said
      Reuter  -  476 words
    • Article
      Lock icon Lower profits expected for first quarter
      264 5 AP US BUSINESS executives expect profits to fell in the first quarter of 1989, with retailers in particular less optimistic about sales following the lucrative holiday season, according to a survey released on Tuesday. Dun and Bradstreet Corp, a leading business-information marketer, said its
      AP  -  264 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      163 5 Export Commodities Fair of Jiangxi, China Ceramics Exhibition of Jingdezhen TmM iis&L 1. *>»':. «*>> i */Ti* »>>' -i >s}mw* '.V"v^ •,v! .,-i.'.'^-',yC! ®*18 '.'jvi,'' Vv >•'.'<?■ r ~T. iW.i '«l''l •HXW 1 r W.l'. &S VAJi 335 Vt* ».VT-"Vvvi £§3 .*»!> ssSxil-* v ti *>. m ■.■■mm £3 ><
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      71 5 Doonesbury YOU KNOW WHAT THEY SAY ABOUT US BABY STTTERS, J PON7YOU, BABY DOE* 6UKSLE'.'* 6LUP' a-" THEY SAY WE CHARGE EXORBITANT FEES FOR. srrrm around miazhing SUY GAME SHOWS ANP SCARFING DOW OTHER PEOPLES FOOD! m m BY GARRY TRUDEAU THAT'S THE POPULAR IMAGE, ANYWAY. WELL, YOU WANT TO
      71 words
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  • MONEY AND EXCHANGES
    • Article
      Asian dollar market
      249 6 ASIAN DOLLAR deposit rates finished at opening levels after quiet trading yesterday. The market will be looking to tomorrow's release of US December retail sales and producer price index data both due at 1330 GMT. Short-dates and term rates were mostly steady at the outset and they
      249 words
    • Article
      Forex markets
      1178 6 SINGAPORE: After another rather uncharacteristic round of seemingly contradictory comments by another Bundesbank official, the US dollar remained firm through the better part of yeeterday. After absorbing initial selling as well as a Dmark/yen order, it attempted New York's highs, hitting D-mark 1.8410/ yen 127.30/ sterling 1.7608/ 551.9405.
      1,178 words
    • Article
      Money markets
      62 6 THE OVERNIGHT rate on the Singapore money market fell by 1/16 point to close at 5-5/16 per cent yesterday. Short-term rates were unchanged across the board. S$ Interbank rates at the dose yesterday: on mo Ooar- <*<*• 3 5/16 5 3/16 1-mon* 3 1/4 3 1/t 2-north 3
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    • Article
      IMM
      263 6 IMM currency futures remained weak through the cloee, finishing the day with losses after some modest Federal Reserve dollar selling failed to stem the dollar's ascent on Tuesday. The US currency broke through resistance at 1.83 marks, equivalent to support at 0.5495 in March mark futures, but stopped short
      263 words
    • Article
      Lock icon Simex
      476 6 BA Futures MARCH Eurodollar futures opened one tick higher on Simex yesterday than the previous Simex close at 90.43. Prices dipped to a low of 90.42 but edged to a high of 90.45 as the dollar firmed on speculative buying interest. Market participants are waiting for tomorrow's December retail
      BA Futures  -  476 words
    • Article
      Precious Metals
      310 6 HONGKONG: Gold closed easier in moderate trading yesterday. Bullion ended at U*****.50/403.00 an ounce against an initial U*****.50/90 and compared with New York's U*****.75/404.25 On the local market, gold fell HK$27 to end at HK53,759 a tael. Coins were generally lower, with the Krugerrand falling HKI2S to HK53,140.
      310 words
    • Article
      Comex gold/stiver futures
      164 6 Gold futures on Jan 10, 1989 100 (ray ouncat; USS par troy oun M Opw Mtg* Low MM Jon 89 403.80 •1.10 Fob 407.00 407 60 404.60 403.60 .1.10 Mar 408.10 •1.10 Ap» 412.00 412 80 410.00 411.00 •1.00 kjn 417.40 418.10 413.30 416.10 -1.00 422.10 433.10
      164 words
    • Article, Illustration
      World interest rates
      182 6 *lndtenlM ttw mregt ol ■m prima landing rate* of 12 iwa|or banks In S'pora Interbank market n itea (offer/bid) on Jan 11 us$ DM SWFC Y«n 7 4m ft 1 Mil 4 nil 12 aii 1/4 1/3 t 3/14 1/1* 7/14 S/14 9/14 7/14 J/4 s/a >3
      182 words
    • Article
      Options
      1334 6 CURRENCY FUTURES OPTIONS Wadnatdoy, Jon 11, 19M DEUTSCHE MARK (SIMEX) PaO 88 cafe Pafc «PMM M* Low M Laar 8a* S3 mm 2 55 698 60 M 24 24 24 Mar Htfh 88 cafe Law Sett HWk 88 pan La* SI 8 sa 13 12 12 54 55* 54
      1,334 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      103 6 to y s MANAGEMENT PRACTICAL SURVIVAL SKILLS FOR COPING WITH THIS AGE OF ANXIETY Discover through this 14-hrs programme how to elicit the body's innate "Relaxation Response" by a combination of scientific meditation, gigong, autogenics training, autosuggestion, guided imagery, and other proven techniques. Discover how in weeks you will notice
      103 words
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  • BANKING AND FINANCE
    • Article
      Lock icon US consumer debt at US$4.5b
      200 7 AP AMERICANS let their plastic credit cards do the purchasing in November, running up US$4.5 billion more in consumer debt than they paid off as the holiday season approached. The Federal Reserve Board said on Monday that the November increase followed a jump of US$3.9
      AP  -  200 words
    • Article, Illustration
      Lock icon Lawson flies to Washington for brief meeting with Brady
      522 7 FT NIGEL LAWSON, the British Chancellor of the Exchequer, flew to Washington on Tuesday for what was officially described as "a brief private meeting to discuss matters of international interest" with Nicholas Brady, US Treasury Secretary. The meeting, the first of
      FT  -  522 words
    • Article
      Lock icon Analysts doubtful about US dollar's prospects
      732 7 Reuter US DOLLAR sentiment has turned bullish for the near term but analysts based in Japan are asking how long high US interest rates will be able to prop up the currency. "I think there has been a change in sentiment, partly on the
      Reuter  -  732 words
    • Article
      Lock icon Commercial bank employees in Ipoh get code of ethics
      295 7 Bernama COMMERCIAL BANK employees in Ipoh have been issued with a directive to adhere to a code of ethics aimed at avoiding conflict of interest and misuse of position in carrying out their duties. Banking sources said on Tuesday the directive
      Bernama  -  295 words
    • Article
      Lock icon Caracas may hold – interest payments
      120 7 Caracas may hold interest payments Reuter A VENEZUELAN financial mission, in the US for talks with creditor banks, will propose suspending debt interest payments until a new debt rescheduling accord is reached, a Caracas newspaper reported on Tuesday. It said the mission headed by Finance Minister Hector Hurtado and central
      Reuter  -  120 words
    • Article
      Lock icon Tokyo has no plans for yen currency zone
      93 7 Reuter JAPAN has no plans to promote a yen currency zone in Asia and has not received any requests from its Asian neighbours to do so, a senior Japanese Finance Ministry official told an economic seminar in Tokyo yesterday. Makoto Utsumi, director
      Reuter  -  93 words
    • Article
      Lock icon Ringgit weakened 2.75 pc against US dollar
      130 7 Bernama THE RINGGIT weakened 2.75 per cent to average 2.5932 against the US dollar during the first nine months of last year against an average of 2.5238 for 1987. Malaysia's Statistics Department said. The 1988 average was 2.5808, it added in its October
      Bernama  -  130 words
    • Article
      Government securities market
      107 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity RIO OFFER HIGH LOW 3 months BQ*****H 13.04.89 3.75 3.70 3.72 3.60 6 months 1 year BY*****H 23.11.89 4.25 4.20 4.20 4.19 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate bid offer HIGH
      107 words
    • Article, Illustration
      CFTC exempts Simex members from rules
      381 7  -  Direct transactions with US customers possible By SOH HANG KENG THE COMMODITY Futures Trading Commission (CFTC), the United States' regulating agency for futures and options trading, has exempted members of the Singapore International Monetary Exchange (Simex) from its rules on foreign futures and option
      381 words
    • Article
      Suntec, UOB in HK merchant banking joint venture
      160 7 SUNTEC Investment, which is owned by top Hongkong taiparts, has joined the United Overseas Bank group in a merchant banking venture in Hongkong. A UOB spokesman confirmed yesterday that Suntec Investment whose shareholders include Sir Run Run Shaw, Li Ka-Shing and Frank
      160 words
    • Article
      Lock icon CME will not list Nikkei 225 contract if Osaka joins Globex
      169 7 Reuter THE Chicago Mercantile Exchange will not list its Nikkei 225 futures contract if the Osaka Stock Exchange joins Globex, the CME's planned computerised trading system, CME president William J Brodsky said in Tokyo yesterday. The CME is trying
      Reuter  -  169 words
    • Article
      Lock icon County Nat West gets new chief
      516 7 FT NATIONAL WESTMINSTER BANK has appointed a new chief executive for County Nat West, its troubled Investment banking arm, ending a search lasting nearly a year. He ia Mr Howard Mac Donald. former chairman and chief executive of Dome Petroleum, the once ailing Canadian
      FT  -  516 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
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      66 words
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      Page 7 Advertisements Column 2
      229 7 i k FOR ASIAN CURRENCY UNIT INVESTMENTS... measures up to your confidence in everytime JM markets, foreign exchange mi *****1 IffffFfTTTffff' 1 and banking invest"LLA^'l'l" *****11 11 1 ment services offered in Australia. v* h mm hen you deal with Westpac. Please call 533-2122 for our Westpac you are dealing
      229 words
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  • COMMODITIES
    • Article
      Produce Prices
      229 8 Chinese Produce Exchange S*M*rs' noon dosing prices on Jon 11 (S$/100 kg) Coconut oil u rai 112.00 OM drvm KM 122.00 Nn drvm KX 126.00 Copra Mlaad (laaM) 67.00 •■Nan Pepper FO« NtW Sarawak 713.00 FOt faq NtW 703.00 Sarawak iptdal Mock PCM M.W 490.00 So»awafc A*a Mack
      229 words
    • Article
      London markets
      166 8 London Commodity Exchange Buytr/SoMor dodnj g prtcas on Jon 10, (£/tonm ur ilcn »p*clfl«d). Provlow dosing pricM In poronlhasi Collii k loth In-ttoro London, M option OF London Jan 1184/85 (1240/50) High/Low 1209/1183 Mar 1165/47 (1232/33) Kgh/Low 1195/63 Salts (5403) COW Mar 826/827 (848/849) Mgh/low 853/825 May 834/835
      166 words
    • Article
      Lock icon Crude Oil and Products
      174 8 Telerate FUEL OIL prices were stable in the range of US$7l-US$75 per tonne fob Sing yesterday. Traders said the recent strength seen in the crude futures market had little impact on the fuel oil market. This was largely attributed to poor demand and large CST--180 supplies
      Telerate  -  174 words
    • Article
      Rubber
      235 8 SINGAPORE: Rubber prices ended slightly lower with February 1 RSS buyer quoted at 218.00 cents a kg yesterday. On the TSR-20 Award market, prices eased slightly in line with 1 RSS prices. February buyer was quoted at 197.00 cents a kg, down 0.50 cent from Tuesday. MALAYSIA: Sentiment remained
      235 words
    • Article
      SSR and SMR
      77 8 (cWkfl) FEBRUARY 1989 MARCH 1989 (currant month) (forwo* xi month) RAS NOON NOON bytn Safer* Iwytn 1 < t1«n SS* 20 196.00 198.00 196.00 196.00 SS* 30 194.00 ***** 194.00 196.00 :UM: lvy+ri 5 H #rv Saltan SM* cv 312.50 314JON 314.50 316.50N SMI I 310-50 312-S0N
      77 words
    • Article
      KL Tin
      191 8 THE KLTM price held steady at Ms2o a kg yeeterday due to sellers reserve. "Miners are not keen to sell below the Ms2o mark and moet consumers are awaiting the outcome of the Aeeocledon of Tin Producing Countries meeting," a broker said. European buyers took moet of the
      191 words
    • Article
      RAS and MRELB
      294 8 RAS prices mt< mliOfl. FOfl In bat* NOON aose luyor* Sellers fcryon jawefi In* 1 RSS Prompt 217 JO 218.50N 217.00 218.00 tat 1 RSS Fob 89 218.50 219 JO 218.00 219.00 Int 1 RSSMor 219.00 220.00N 218JO 219.50 Int 2 RSS OP 209JO 211 JON 209XX)
      294 words
    • Article
      Soybean A Wheat
      191 8 SOYBEAN futures eras*l morning gains to closs mostly k>wer on the Chicago Board of Trade on Tueeday when a cloeeiy watched local houss whose purchases sparked the initial rally turned an aggressive seller late. Soybean futures finished down four cents per bushel in January to unchanged in
      191 words
    • Article
      Palm Oil
      375 8 MALAYSIAN CRUDE PALM OIL FUTURES closed lower on profit-taking in moderate trading on the KLCE yesterday. Prompted by the easier close on overnight Chicago Board of Trade futures, the market opened on a weaker note and drifter lower thereafter. Dealers said Pakistan's and India's purchases of 6,000 tonnes
      375 words
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      Page 8 Advertisements Column 1
      43 8 Precious Metals, PAGE 6 Northwest Airlines writes a new chapter in aviation history with the first trans-Pacific flight via the Great Circle Route. For the next 4 decades, Northwest will lead the way across the Pacific. JULY 1947 i FIRST AGAIN NORTHWEST AIRLINES
      43 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Casting the New Zealand gloom
      1152 9  -  The biggest political and economic development in Wellington since the festering crisis which ended New Zealand's defence alliance with the US is described by DAI HAYWARD and CHRIS SHERWELL. DAI HAYWARD, CHRIS SHERWELL FT IT SAYS SOMETHING about the current state of New Zealand under
      FT  -  1,152 words
    • Article
      Lock icon Soviet art set to make commercial debut in the US
      588 9  -  By DOUGLAS Mc GILL NYT THOUSANDS OF CONTEMPORARY Soviet artists are to be offered the chance to sell their works at art galleries around the United Statee as a result of a joint venture agreement signed on Monday. The agreement
      NYT  -  588 words
    • Article
      EDB always on its toes
      451 10 INVESTORS ARE upbeat about Singapore. Preliminary figures show that their investment commitments last year totalled $2 billion the highest since the Economic Development Board began courting investors in earnest some three decades ago. Indeed, so wide and far has the EDB combed the "wanted list"
      451 words
    • Article, Illustration
      Lock icon Mahathir: a man with a mission
      1579 10  -  By ROBIN PAULEY FT SINCE INDEPENDENCE from Britain 31 years ago, Malaysia's political leaders have been obsessed with and terrified of the country's potentially explosive racial mix. Dr Mahathir Mohamad, prime minister since 1981, is no exception. He is an intensely serious man who
      FT  -  1,579 words
    • Article
      A date with history
      1168 10  -  By SEAH CHIANG NEE MALAYSIA has a date with history next Thursdsy. A consultative council will, on Jan 19, begin a crucial meeting to decide the future of the country's controversial New Economic Policy (NEP) after 1990. Its outcome will decide whether Malaysia can substitute pragmstism
      1,168 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      40 9 JANUARY 1989 Northwest Airlines writes a new chapter in aviation history as the world's first airline to fly the new Boeing 747-400. Northwest Airlines, the leading airline across the Pacific FIRST AGAIN. i mmm NORTHWEST K u u r- t
      40 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      316 10 TRADE INVESTMENT OPPORTUNITIES IN INDONESIA THE IMPACT OF DEREGULATION 13-15 March 1989 Hotel Borobudur Inter-Continental Jakarta, Indonesia I ndonesia is fast becoming one of the new world markets with enormous business potential for investors worldwide. Besides being a huge market in itself, Indonesia allows easy access to its vast natural
      316 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      31 10 BriStOMT:RanlcDicterc VOU Hp\Ve-H'T TpvKCN VOUl< OFF T"ne tc>P f\UL eveN»NG /Z tVtNINO SrANOMO CO. LTD. IM3—IM4 VWA t'rn LOOKirtC? PO" OL)R Vl'n "Trn/iNG "To PsVCHe' .mptMRGtHG DIRECTOR. OUT s C^Vj 7834-
      31 words
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  • SPORTS
    • Article
      Lock icon Strange aiming for a winning start
      492 11 GOLF AP CURTIS STRANGE aims to kickstart his 1989 golf season the way he began last year by scoring a big-money win in Australia. Strange triumphed in the Sanctuary Cove Classic in his first tournament last year. He finished down the field in last
      AP  -  492 words
    • Article, Illustration
      Lock icon Austrian beats big names in giant slalom
      204 11 SKIING AP AUSTRIA'S Rudi Nierlich clung on to a first-heat lead to win a World Cup giant slalom on Tuesday ahead of Swiss star Pirmin Zurbriggen and Italy's Alberto Tomba. Nierlich led by just 24 hundredths of a second after the first heat
      AP  -  204 words
    • Article, Illustration
      Lock icon Bullets on target for victory
      447 11 BASKETBALL AP JOHN WILLIAMS'S lay-up with 18 seconds remaining and Jeff Malone s two free throws 13 seconds later gave the Washington Bullets a 120-117 victory over the Denver Nuggets on Tuesday. Washington, which snapped a two-game losing streak, trailed 117-116 when Williams put in
      AP  -  447 words
    • Article
      Lock icon Malaysia estimates Mslom needed to hold Games
      177 11 SEA GAMES Bernama ABOUT Mslo million will be needed to organise the 15th SEA Gamee in Kuala Lumpur this August, Youth and Sports Minister Datuk Seri Najib Tun Razak said on Tuesday. He said 10 per cent of the estimate or Msl million
      Bernama  -  177 words
    • Article
      Lock icon Two held in connection with alleged rigging
      158 11 SPORTS TOTO Bernama MALAYSIAN POLICE have detained two men in Kuala Lumpur in connection with investigations into the possible rigging of the first prize draw of Sports Toto recently involving Msl.9 million. According to sources, the two believed to be employees of Sports
      Bernama  -  158 words
    • Article, Illustration
      When right-hander meets southpaw
      479 11  -  BOXING By CHARLES SAVAGE WHICH is stronger the left or the right? The question will be answered on Feb 24 at Kallang Stadium when orthodox American Mike Pheipe meets southpaw Indonesian Ellyas Pical the International Boxing Federation Junior Bantamweight champion, for the title. Fight observers predict
      479 words
    • Article
      Lock icon King is helping me blossom into a man: Tyson:
      449 11 King is helping me blossom into a man: Tyson AP WORLD Heavyweight boxing champion Mike Tyson defended his promoter Don King as a recently discovered friend who is "helping me blossom into a man". Tyson said he had heard other fighters complain that they had money stolen from them by
      AP  -  449 words
    • Article
      Lock icon Promoter has grandiose plans for middleweight division
      297 11 AP HOPE FLOODED a near empty hotel ballroom on Tueaday in New York when promoter Bob Arum talked about bringing "the middleweight diviaion to the pinnacle". The purpoae of the newa conference was a formal announcement of a 12-round fight between Michael Nunn,
      AP  -  297 words
    • Article, Illustration
      Lock icon Paris-Dakar rally: Shinozuka wins a leg, Houtin breaks a leg
      183 11 MOTOR RALLY UPI KEN SHINOZUKA of Japan on Tuesday became only the second non-Peugeot driver to capture a stage of this year's Paris-Dakar rally, winning the 501 km timed section from Bamako to Labe in Guinea. Shinozuka, driving a Mitsubishi,
      UPI  -  183 words
    • Article
      Lock icon Five Welshmen in last 16 of snooker classic
      245 11 SNOOKER AFP PROFESSIONAL SNOOKER has been thrown into turmoil in Blackpool, England, by a giant killing act which has put five Welshmen through to the last 16 of the £275,000 Mercantile Credit Snooker Classic. Since Doug Mountjoy triumphed in the UK Championship
      AFP  -  245 words
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  • LEISURE
    • Article, Illustration
      Lock icon The candidate that won by accident
      803 12  -  MOVIE By JANET MASLIN NYT "IT IS NO ACCIDENT that the critics agree," says an ad on behalf of 77m Accidental Tourist, going on to tout the fact that the film was voted 1968 s best by the New York Film Critics' Circle. Even
      NYT  -  803 words
    • Article, Illustration
      Lock icon Songs of experience
      546 13 MUSIC NYT NEIL DIAMOND, who will turn 48 years old on Jan 24, is in the odd position of being one of America's most popular concert sttractions without having had a major hit in six-and-a-half years. In 1986, he broke the boxoffice record at Madison Square Garden
      NYT  -  546 words
    • Article
      Lock icon More Americans put family life above financial success
      597 13 LIFESTYLE UPI GREED appears on the way out and altruism on the way in as Americana favour a return to a simpler society with less focus on materialism, said a survey released on Tuesday. The survey, paid for by a maker of
      UPI  -  597 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      892 12 J JL Where to entertain. ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES. PALM For between $26++ and $40+ you can select from our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main
      892 words
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      Page 12 Advertisements Column 2
      161 12 jri r-gz ,1 51 Jtft« JIJX.A. fAL 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 $33* adult
      161 words
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  • Page 13 Advertisements
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      179 13 k '^11 Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, tor every drink you order you get your next FREE. And bottle purchases are at 25% less There's no happier time to enjoy your favourite drinks and some of the
      179 words
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      Page 13 Advertisements Column 2
      50 13 The 'Creme dela creme' Sherries Harveys Bristol Cream Sherry. Famous the world over for its rich, sweet and mellow flavour. Especially refreshing served chilled or with ice, for all occasions. t v\ M y Pistol C: #>< > >" soffit* <ninto wr jokji «jumr» Munwrnw Mmcoui or v»> W S
      50 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      637 13 CRYPTIC PUZZLE ACROSS 1 County that weaves much worsted (6) 7 A break In rambling travel (8) 8 Good-hearted animal? (4) 10 The learner walked out yet was accommodated (6) 11 Go through (6) 14 Trotsky ites' heaven (3) 16 Dad's name for a monarch (5) 17 An arguably even
      637 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1227 13 OUR CHOICE ANATOMY OF JAPAN: THE WELLSPRINGS OF ECONOMIC POWER A Test Of Japanese Management: Japanese Cars Made In The USA, Channel 12, Bpm Can the Japanese manager and his American counterpart pet along in the same office? That was the experiment fielded in Fremont California, where Toyota and General
      1,227 words
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  • Article
    BT TOP 100 RANKING BY SHAREHOLDERS'FUNDS
    1945 14  -  Compiled by JULIANA TAY (S) Incorporated in Singapore. (M) Incorporated in Malaysia. AA Not ranked in Dec 1987. F First year of listing. L loss. NBi All banks' consolidated assets exclude customers' liabilities. Capital reserves exclude goodwill but may or may not include surplus
    1,945 words
  • Article, Illustration
    More companies with two-digit return on funds
    614 14  -  By MAGDALENE NG SINGAPORE and Malaysian listed companies generally experienced a better year in 1968. Several new members joined the elite Top 100 group in BTs latest year-end ranking based on shareholders' funds. There was an increase in the number of companies which
    614 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      413 14 ADVERTISEMENT More of 'Singapore' in Singapore Business 7n i M Jf Jt i> I i -r (flf 1 TH l :1 PAMPERED PATIENTS Red carpet treatment is becoming the norm not only in the hospitaliy industry but in hospitals. To woo patients, private clinics are going high-tech and pampering the
      413 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      SLF and Shing Loong merging to become Keppel Finance
      503 15  -  By CORRINA LIM THE KEPPEL GROUP has finalised plans to merge its two finance units Shing Loong Finance and Sim Lim Finance into a sizeable finance group. Under the proposal, SLF will acquire businesses and assets of Shing Loong with a
      503 words
    • Article
      Lock icon Imatex close to accord with S'pore group on rights issue
      277 15 MBT IMATEX appears set to finalise arrangements for a Singaporebased retailing and construction group to sub-underwrite its proposed rights issue. The Singapore group is expected to sign a letter of intent this week with Imatex and various merchant banks to
      MBT  -  277 words
    • Article
      Lock icon Harrisons buys remaining 30pc interest in Tegas Setia
      146 15 Bernama HARRISONS Malaysian Plantations Bhd (HMPB) has acquired the remaining 30 per cent interest in Tegas Setia Sdn Bhd, manufacturer of rubber examination gloves, for Ms 3 million cash. HMPB said in a statement in Kuala Lumpur yesterday that it recently acquired
      Bernama  -  146 words
    • Article
      Lock icon AMMB teaming up with Nikko Securities to tap Japanese funds
      274 15 Bernama ARAB-MALAYSIAN Merchant Bank Bhd (AMMB) is teaming up with Nikko Securities, a leading Japanese securities firm, to tap Japan's financial resources through the Malaysia Growth Fund, AMMB managing director Datuk Malek Merican said. He said Nikko is one of
      Bernama  -  274 words
    • Article
      Apollo shareholders to get independent adviser soon
      176 15 APOLLO ENTERPRISES Ltd, the target of a takeover bid by Hong Leong Enterprises, has advised minority shareholders not to take any action in relation to their shares, as an independent adviser will be appointed shortly by the company. HLE is making a cash
      176 words
    • Article, Illustration
      HPL secures option to buy Orchard Place for $27.5 m
      454 15  -  MBf Holdings cuts losses on property By ANDREA BORCH HOTEL PROPERTIES Ltd. headed by Peter Fu and his son-in-law Ong Beng Seng, has been granted an option to buy MBf Holdings Bhd's Orchard Place property on Cuscaden Road. The sale
      454 words
    • Article
      Lock icon Petaling Garden making M$l2.2m plantation acquisitions
      349 15 Bernama PROPERTY DEVELOPER Petaling Garden Bhd (PGB) is moving into the plantation sector with the proposed acquisition of Capital Development Sdn Bhd and Yong Peng Realty Sdn Bhd for a total of M 512.2 million. PGB said in a statement yesterday that it had
      Bernama  -  349 words
    • Article
      COMPANY BRIEFS
      160 15 NATIONAL IRON and Steel Mills Ltd has acquired 1.56 million shares in Sino-Technics (Pte) Ltd, representing 94.54 per cent of its capital for $1.88 million cash. Sino-Technics operates a plant here manufacturing electronic components for multi-na-tional corporations in Singapore and overseas, and has plans to upgrade its facilities
      160 words
    • SES
      • Article, Illustration
        Market recovers in afternoon trading to recoup morning losses
        790 16  -  By MICHELLE OH SHARE PRICES in the local market dipped in the morning on profit-taking but quickly recovered to close higher yesterday. Dealers said Singapore took its lead from Toyko and Hongkong, which saw their indices continue to soar. The Straits
        790 words
      • Article
        COMPANY MEETINGS
        81 16 KINTA KELLAS INVESTMENTS PUBLIC LTD: 61st AGM at the Pahang Room, Lower Lobby, Shangri-La Hotel. Jalan Sultan Ismail, ***** Kuala Lumpur today 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) LTD: 7th AGM
        81 words
      • Article
        Unit trusts
        313 16 V Managers' priccs MARA-Bumiputra for Jan 12 hrst B'putra 667 6 72 Singapore Unit Trust Second B'putra Third B'putra 602 449 6j07 454 Tl>e Co—na 100 106 Fourth B'putra 527 532 The Saving] Fund 088 093 Filth B'putra 293 2.98 S'pof Prog Fund 0 38 0.42 Sixth B'putra
        313 words
      • Article
        APPROVED ISSUES
        80 16 Company RIGHTS ISSUE General Corp l*M of t49.3M.93t ncxmnol oaounl ol 8% Convortibte UnMCurvd loon Hocks lOXS) 1988/73 on rtw bow ol %2 iKMMtal amount ol loan Hocki tor •vary Hv« GCB itiWH of )l «ock or $3 nominal amount ol CUS 1968/93 lor •vary $7 JO nominal
        80 words
      • Article
        PROPOSED ISSUES
        305 16 Company RIGHTS ISSUE C 1 Hoidingj 27 million km stocks m the ratio ot $3 loon stock tor every five ordinory Causeway Inv Km ol J7.2S2.937 nominal amount of 6% loan Stock 1989/94 on Km both oi $1 nominal amount ot loon stock with two TSb tor every
        305 words
      • Article
        SES SHARE INFORMATION
        5606 16 1988/89 High Low Tel Cod* Company Last Sale JAM 11 orVol ('000) Day High Low Last Quote Buyer Seller Gr's Dhr Div C'vr Gr's rid Net P/E M Cap Smll SESDAQ 187 120 170 60% 110 130 78% 199* 144 92 135 126 122 114 t 70
        5,606 words
    • KLSE
      • Article, Illustration
        Lock icon Afternoon buying lifts KL prices
        3331 17 Bernama RENEWED BUYING in the afternoon look prices to a higher close on the Kuala Lumpur Stock Exchange yesterday. After a brief bout of selling by profit-takers In the morning when sentiment waa dampened by a poor overnight close on Wall Street, buyers again dominated
        Bernama  -  3,331 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon HK securities Bill faces bitter opposition
        374 18 AFP OPPOSITION to a Hongkong government plan to tighten controls over the securities industry is growing with reports that some irate stockbrokers are planning to stage a protest strike. "This could be the opinion of some angry members of our association," Hong Kong Stockbrokers
        AFP  -  374 words
      • Article
        Lock icon Honda forecasts Bpc growth
        531 18 AFP HONDA MOTOR Corp, Japan's third largest motor group, is forecasting an 8 per cent growth in sales this year. Overall sales last year rose by 4.5 per cent. Honda President Tadashi Kume said at a press conference on Tuesday that his company wanted to continue
        AFP  -  531 words
      • Article
        Lock icon Tokyo tightening rules
        140 18 Reuter BROKERAGES are likely to be banned from conducting arbitrage for their own accounts between Japan s two stock index futures contracts and underlying shares in the last half hour of final trading days for spot index contracts, a Finance Ministry official said. The rule, aimed at
        Reuter  -  140 words
      • Article
        Lock icon Thailand ponders potash plan
        126 18 OANA-TNA THAILAND is considering pushing its potash development project as an Asean venture, according to a senior official in Bangkok. Mineral Resources Department director-general Vlsith Noiphan said on Tuesday the development of potash reserves in Bamnet Narong district of Chaiyaphum Province in the north-east was being
        OANA-TNA  -  126 words
      • Article, Illustration
        Lock icon Third straight rise
        544 18 Tokyo Reuter TOKYO share prices rose to a record close yesterday for the third consecutive day on continued optimism at the start of a new imperial era. brokers said. The Nikkei Index rose 136.94 points, or 0.44 per cent, to 31.143.45. It surged 328.12 points to the
        Reuter  -  544 words
      • Article, Illustration
        Lock icon Shares finish lower
        467 18 Australia Reuter THE AUSTRALIAN shsre market closed lower yesterday as overseas interest waned and metals prices weakened. Brokers said the market "took a breather" after four consecutive days of gains, following a six-point drop on Wall Street to 2,193.21. Institutional investors held off trading as losses were
        Reuter  -  467 words
      • Article, Illustration
        Strong US dollar fuels sharp rise
        1328 18 Hongkong SHARE price* on the Hongkong exchange roee sharply yesterday afternoon on the US dollar's strong gains, with stock indices reaching their third consecutive poet-Oc-tober 1987 crash high close, brokers said. The Hang Seng Index added 40.14 points, or 1.4 per cent, to 2.872.52,
        1,328 words
      • Article
        Lock icon Bangkok: Shares end mixed
        215 18 Reuter LIGHT profit-taking aaw Thai stocks close mixed in heavy trading yesterday, but brokers said the strong three-week rally remained intact The Securities Exchange of Thailand Index fell 3.38 points to 419.76, while loeers led gainers 81 to 21. "The market will likely correct itself slightly
        Reuter  -  215 words
      • Article
        Lock icon Seoul: Across-the-board fall
        168 18 Reuter CONSTRUCTION and financial shares led s general fall on the Seoul market where trade volume nearly halved yesterday. brokers said. Near the close the composite index stood at 884.64, shedding 12.09 points from Tuesdsy's close. Turnover was 260.2 billion won compared with 456.2 billion in the
        Reuter  -  168 words
      • Article
        Lock icon Bombay: Lower close
        151 18 Reuter SHARE prices on the Bombay exchange drifted lower on scattered profit-taking yesterday after the market opened steady. Brokers saw the setback as a technical adjustment after big gains in the past two days. "The undertone is still bullish aided by better corporate results," one broker said.
        Reuter  -  151 words
      • Article
        Lock icon Taipei: Turnover soars
        386 18 Reuter TURNOVER on Taipei stock exchange yesterday rose to its highest level so far this year as Taiwan share prices continued to climb on widespread investor confidence, dealers said. The weighted index ended 198.2 points, or 3.6 per cent, higher at 5,669.06 against Tuesday's 5,470.86 finish. Turnover
        Reuter  -  386 words
      • Article
        Lock icon New Zealand: Shares rise
        90 18 Reuter THE New Zealand share market recovered from a weak opening to end a fairly quiet session slightly stronger yesterday. Brokers said the gain, following strong showings earlier in the week, was encouraging and pointed to continued firmness over the remainder of the The Barclays Index
        Reuter  -  90 words
      • Article
        Lock icon Manila: More ground lost
        109 18 Reuter MANILA share prices ended mixed to lower yesterday as investors kept mostly to the sidelines in what analysts viewed as a consolidation period, triggered by recent falls in copper prices and on political concerns. Manila's composite index fell for the third trading day to settle
        Reuter  -  109 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Rates fear haunts the market
        771 19 New York Reuter US SHARE prices closed lower on Tuesday, as blue chips once again failed to break through major resistance at 2,200, market analysts said. Higher short-term interest rates, unremitting strength in the US economy and futures-related selling daunted investors, they said. "It is
        Reuter  -  771 words
      • Article, Illustration
        Lock icon Equities mixed in early trade
        919 19 London Reuter SHARES on the London market opened steady to mixed in listless trade yesterday with activity discouraged by Tuesday's easier close on Wall Street and deepening uncertainty over prospects of a consortium bid for GEC. "The excitement of a possible bid for GEC is
        Reuter  -  919 words
      • Article
        Selected indices
        112 19 HONGKONG Hongkong Index Wednesday 1,894 33 Tuesday 1,869 38 Week ogo 1.804 70 All Industrials Wednesday 2.5035 Tuesday 2,504 8 Week ogo 2.449 4 NEW YORK Hang Song Index Wednesday 2,***** Tuesday 2,832 38 Week ogo 2,736.83 Dow Jones Tuesday 2.***** Monday 2.***** Week ogo 2.144 64 TOKYO
        112 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1472 19 Reuter AMSTERDAM: Dutch share prices opened quietly easier yesterday in line with a lower Wall Street close and amid concerns about a volatile dollar and possible US interest rate rises at already high share price levels. share dealers said. Unilever opened unchanged at 120.20 guilders and then
        Reuter  -  1,472 words
      • Article, Illustration
        Lock icon UK electronics industry faces major shake-up
        783 19 GEC, Plessey seek to take over each other with foreign help Reuter BRITAIN'S electronics industry is expected to face a huge shake-up, with two of its biggest players seeking foreign support to try to devour each other. Takeover manoeuvres by rivals Plessey pic and
        Reuter  -  783 words
      • Article, Illustration
        Lock icon Giuliani leaves Wall Street a better place
        447 19 Reuter RUDOLPH GIULIANI is leaving Wall Street a better place cleaner and more cautious than it was when he began his term as Manhattan federal prosecutor five years ago, securities industry figures said on Tuesday. The 44-year-old legal dynamo who cracked down on
        Reuter  -  447 words
      • Article
        Lock icon Unilever on takeover scent
        271 19 FT UNILEVER, the Anglo-Dutch consumer products group, is negotiating to buy the personal products interests of Faberge, a leading international maker of cosmetics, toiletries and perfumes. The package of assets and brands, which include Elizabeth Arden cosmetics, the Chloe and Fendi perfumes, Brut men's cologne and
        FT  -  271 words
      • Article
        Lock icon Batus to close six buying offices
        144 19 NYT ALL SIX European buying offices for Batus Inc, the American arm of Bat industries, will be closed around April 1, retailing executives in New York said. The offices buy apparel and home furnishings lines for Batus American retail subsidiaries, including Saks Fifth Avenue
        NYT  -  144 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      276 15 Rnancial Newsmakers Conditional cash offer ("Offer") by Hambro Pacific Limited on behalf of Pinemount Development Limited ("Pinemount") to acquire all the issued shares of Asean Resources Limited ("Asean") The directors of Pinemount announce that at 4.00 p.m. on sth January, 1989 acceptances of the Offer (including those subject to verification)
      276 words
  • Page 15 Miscellaneous
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      314 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ALLIED CONTROL ELECTRONICS (PTE) LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of ALLIED CONTROL ELECTRONICS (PTE) LTD duly convened and held at 6001 Beach Road #14-01 Golden Mile Tower, Singapore 0719 on the 3rd day
      314 words
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      Page 18 Advertisements Column 2
      294 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF THE ORCHID LINE PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of The Orchid Line Pte Ltd duly convened and held at 154 West Coast Road, Singapore
      294 words
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      Page 18 Advertisements Column 3
      139 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF ARRICHIELLO (S) PTE. LTD. MEMBERS' VOLUNTARY WINDING-UP At an Extra-Ordinary General Meeting of tbe Members of ARRICHIELLO (S) PTE. LTD. held at 5001 Beach Road #03-60 Golden Mile Complex Singapore 0719 on 6th January 1989, the
      139 words
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      6 18 On target, Chart Point every Saturday
      6 words
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  • Page 19 Advertisements
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      16 19 Brussels and Vienna prices were not avail- Managers must manage. BT shows you how every Monday
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      Page 19 Advertisements Column 2
      323 19 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF WAN BEE (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. SO. that the Final Meeting of the Members of the above-named Company will
      323 words
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  • Article
    Lock icon China, Vietnam strive for warmer ties
    484 20 Conflict over Cambodia easing, say diplomats AFP AFTER 10 YEARS of conflict and bitterness, China and Vietnam are striving towards warmer relatipns alongside a resolution of the Cambodian question, Western and Asian diplomats in Beijing say. For several months, there have been discreet diplomatic
    AFP  -  484 words
  • Article
    Lock icon Prince Sihanouk to sit in on Jakarta talks
    322 20 AFP PRINCE Norodom Sihanouk will sit in on informal talks on Cambodia in Jakarta next month. His aides said he told Indonesian Foreign Minister All Alatas in Paris on Tuesday that he would accept President Suharto's invitation to the talks from Feb
    AFP  -  322 words
  • Article, Illustration
    Fascinated by Gauguin's lesser work
    38 20 Man and child studying lesser-known painting by French Impressionist Paul Gauguin In retrospective exhibition of more than 250 works assembled from collections In 19 countries which opened on Tuesday at Paris Grand Palais
    38 words
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    Lock icon Bonn acts to tighten export controls
    265 20 AFP THE WEST GERMAN government has announced moves to tighten controls on "sensitive" exports after a series of embarrassing scandals. Most recently, the United States accused a West German firm of selling technology to Libya so that it could build a plant for producing
    AFP  -  265 words
  • Article
    Lock icon Indonesia to help ensure its citizens enter M'sia legally
    237 20 Bernama INDONESIA yesterday gave an assurance that it would cooperate fully to enaure that all its citizens eventually entered Malaysia through legal means. Indonesian Manpower Minister Cosmas Batubara said thia in reaction to Malaysia's decision to allow illegal workers to be
    Bernama  -  237 words
  • Article
    Lock icon Austerity fails to slow China's economy
    379 20 Reuter CHINA said yesterday that a fourmonth austerity programme had failed to slow its runaway economy. The Economic Daily said industrial output in the fourth quarter surged by 18.8 per cent over the same period last year, the fastest quarterly growth in 1988, despite
    Reuter  -  379 words
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    Lock icon Washington, Bonn and Tokyo agree on need for stable currencies
    221 20 Reuter CENTRAL BANKERS from Japan, West Germany and the US reaffirmed the need for currency stability at a meeting in Basel this week, Bank of Japan governor Satoehi Sumita told a press conference in Tokyo yesterday. All major nations were
    Reuter  -  221 words
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    Lock icon Emergency rule in Sri Lanka lifted
    122 20 AP EMERGENCY RULE in Sri Lanka waa lifted yesterday after being in force for over five and a half yeara. Information Miniater Festus Perera said the government was removing the emergency at midnight yeaterday, three days before it was due to end. "The President
    AP  -  122 words
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    Lock icon Shamir accepts UN auspices for peace talks
    333 20 Reuter AFP ISRAELI Prime Minister Yitzhak Shamir has said for the first time that Middle East peace talks could be held under the auspices of the United Nations. He disclosed the change in policy in a speech to members of the European Parliament
    Reuter; AFP  -  333 words
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    Lock icon Indian parties join hands to fight Rajiv
    182 20 AFP SEVEN left-wing and centriat parties yesterday announced a 15-point programme to radicalise Indian politica and oust Prime Minister Rajiv Gandhi in general elections expected later thia year. Spokesmen for the partiea aaid they had come together to provide "a left democratic programme"
    AFP  -  182 words
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    Lock icon Comex gold and silver
    85 20 Reuter COMEX GOLD FUTURES were marked up early on follow through buying yesterday from a rally in overnight markets which was spurred by reports of unusually large demand out of Eastern Europe. A weak dollar and firmness in crude oil also figured in gold's upturn. February
    Reuter  -  85 words
  • LATE FILE
    • Article
      Lock icon Consortium plans fastest train
      58 20 Reuter AN AUSTRALIAN and Japanese consortium aims to spend US$3.9 billion to build the worlds' fastest train aervice, linking Melbourne and Sydney. Backed by Auatralia's largest companies and the Japanese engineering firm Kumagai Qumi. the Very Faat Train would propel passengers the 880 km in just
      Reuter  -  58 words
    • Article
      Lock icon Eight arrested over assault
      38 20 UPI SOUTH Korean police arrested eight pro-management workers and sought an arrest warrant for a high-ranking executive of the Hyundai business group for assaulting union members, a police spokesman aaid in Seoul yesterday. UPI
      UPI  -  38 words
    • Article
      Lock icon Bill to free small businesses
      46 20 AFP PHILIPPINE President Corazon Aquino yesterday endorsed ss urgent a Bill deregulating smsll businesses employing 15 people or less. The Bill exempts small "countryside business enterprises" from government regulations, including most taxes and labour regulations such as minimum wage laws. AFP
      AFP  -  46 words
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      Lock icon Call for shorter working hours
      70 20 AFP A JAPANESE government panel yesterday called for a further reduction in working hours to allow people to take longer holidays. It proposed a reduction in average working hours to 1,800 hours a year by 1993 from the current 2,150 hours. That compares with 1,938
      AFP  -  70 words
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      Lock icon Frankfurt firm being probed
      30 20 Reuter THE WEST German authorities yesterday opened inveetigations into a Iraqi-owned Frankfurt firm alleged by the US to be helping Libya build a chemical weapons plant
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  • Page 20 Advertisements
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      138 20 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens, elegant one or two bedroom suites right in the heart of ()rchard Road. At The Aseott, we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate in luxury
      138 words
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      8 20 Chlnoeo exports hit record US$4O billion, PAGE 4
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      159 20 Analysts doubtful about US dollar's proapacts, PAGE 7 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
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  • SHIPPING TIMES
    • Article
      S'pore denies dumping waste in Bangkok
      542 21  -  By LILY FERNANDEZ SINGAPORE has denied once again that the toxic waste abandoned at Bangkok's Klong Toey port originated from its factories. The Singapore Embassy in Thailand, in a letter to the Thai press on Tuesday, said the material was a transhipment from third
      542 words
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      Lock icon South Korean shipyards receive fewer orders
      266 21 AP SHIP ORDERS to South Korean shipyards last year totalled 3.04 million gross tons for 83 ships, a decrease of 17.8 per cent in tonnage from 3.7 million tons for 127 ships in 1987, the South Korean Trade and Industry Ministry reported. Officials said
      AP  -  266 words
    • PORT SIDES
      • Article
        Lock icon Italian workers stage 24-hour strike
        94 21 Reuter UNIONISED dock workers at ports throughout Italy began a 24-hour strike on Tuesday against government moves to end their monopoly on freight handling. A spokesman for the commu-nist-based FILT-CGIL transport union said all 15,000 dock workers in Italy were taking part. The strike, affecting
        Reuter  -  94 words
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        Lock icon Rough weather shuts Alexandria
        92 21 Reuter EGYPT'S Mediterranean port of Alexandria and the nearby Sumed oil terminal remained closed on Tuesday due to rough seas, port officials said. Shipping in the Suez Canal, however, was not affected and officials said a total of 57 vessels passed through the waterway on Tuesday
        Reuter  -  92 words
      • Article
        Lock icon Ship casualty report
        84 21 Reuter FIRE broke out on a Panamanian-owned ship under construction in Lisbon harbour, and one fireman was injured before the blaze was brought under control, a firefighters' spokesman said. The 40,000-tonne Raia was built by the Lisbon-based Companhia de Reparacoes do Tejo (Reptejo) and was to be
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        Lock icon Untitled
        91 21 Reuter THE Liberian ore/bulk/oil vessel Delaware arrived off Fos, France, on Dec 27 with heavy damage to its fore parts and pump-room. After inspection, the 78,130 dwt ship was allowed to berth at Fos on Jan 3 and its cargo of about 54,000 tons of condensate was transhipped between Jan
        Reuter  -  91 words
    • Article
      Idle tanker tonnage declined in December
      204 22 WORLD laid-up and idle tanker tonnage fell to 2,605,043 long dwt (26 vessels) in December from 3,067,405 dwt (31) in November, while combination carrier tonnage involved was unchanged at 705,352 dwt (eight), Lon- don shipbrofcer John I Jacobs said. Jacobs said three tankers totalling
      204 words
    • Article
      INDEX TO ADVERTISERS
      802 22 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrons IV 1 Anro Service IV 2/3 ANl 1 1/2 A PC Line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Awards Shpg V 4 Balt-Conoda line VII 4/5 Bait-Orient line
      802 words
    • Article
      PPA studies plan to link harbours with railway system
      538 22  -  By AL O LABITA Jr THE Philippine Port Authority (PPA) is studying the feasibility of constructing a railway system linking Manila's network of harbours to speed up transport of container cargoes being unloaded daily by domestic end foreign ships. Vicente Suazo,
      538 words
    • Article
      Lock icon Saudi Arabia and Kuwait installing new radar system
      322 23 AP SAUDI ARABIA and Kuwait are installing a new navigation system of "radar lighthouses" provided by Japan to improve safety for Gulf shipping, a Japanese embassy spokesman said. "We have finalised the contract with Saudi Arabia and Kuwait and they're at the
      AP  -  322 words
    • Article
      Lock icon Vela charters third ULCC
      284 23 Reuter The SAUDI ARABIAN chartering arm, Vela, has fixed another ultra large crude carrier for January loading, its third in recent days, and the National Iranian Tanker Company (NITC) took a VLCC, after booking at least four similar sized units last week, brokers reported. The World
      Reuter  -  284 words
    • Article
      PORT CONDITIONS
      248 23 ALL SURVEYS were conducted on Dec 20. Argentina Buenos Aires 35 vessels operating. Necochea Waiting time of up to three days. Australia All ports Normal operation. Bangladesh Chittagong 30 vessels operating. Mongla 20 vessels operating. Brazil Santos 35 vessels operating. Rio de Janeiro 25 vessels operating. Cameroon Douala
      248 words
    • Article, Illustration
      PEOPLE IN SHIPPING
      319 23 THE Maersk Group of Companies has announced the following promotions with effect from January 1969: Mr Qoh Kee, 37, has been promoted to general manager, corporate affairs. He is now responsible for the activities of Mercantile Consolidators (S) Re Ltd and Maersk Air Travel Agency (S) Pte
      319 words
    • Article
      Lock icon UK to withdraw three minehunters in March
      185 23 AFP THREE British minehunters and a support vessel will be withdrawn from the Gulf in early March, UK Armed Forces Minister Archie Hamilton said. The decision had been reached "in the light of the continuing ceasefire between Iran and Iraq, the absence of
      AFP  -  185 words
    • Article
      LONDON FREIGHTS
      1260 28 TIME-CHAPTER acHvMy oonOnuod lo lotluro lit mtfNOC Oft T jaaOay, ariti moda/ololy OCOVO Sowti cßtrts/inj to M/imm) TNM ItlMI MtilWß ato ta i Hat o M»«ar tar B II MMMMI M aad«li t w M M» OPM 9 OOPO B» agMr i sia 1 fth pill I J—f
      1,260 words
    • Article
      SHIPPING LIST where your ships are due ...and when
      2859 28 Srlwl|aya D|aaaqatrl Jan t/12 Laia M. Maarak Llna. Mn 10/11 Oaaka Bay P»0 Contamara Jan 12 Banavon. Hapag-LioyO/NYK Llna Jan 12. VMa Da Vanua. CMA Jan 11 Mhon. MISC Jan 12 Ming Enorgy. Vang Ming Lin*. Jan 14. Korrlgan, MISC Jan
      2,859 words
    • Article
      SHIPS IN PORT
      1125 28 AT CONVENTIONAL WHARVES Vaaaal Barth Arrival Dapartur* KEPPEL WHARVES Aaorino at otongwto 121)1/010) CoJy K33 okMiowto 1201/1830 CKngtag KI5 otoaguda I2W/ISOO Con furooo Kit otonguda MOI/OtOO Contiaort 1 K30 oloaguda 1301/1930 Huooloyo M KIS ahMgwto 12.01/1800 Kola hproa K32 olonguda 1701/1500 Koto Mulio K30 aioagsida 16 01/2300
      1,125 words
  • Page 21 Advertisements
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      693 21 >*?,c ii st ,ccE 2' OOCL Dedicated to Quality Service JARDINE SHIPPING AGENCIES (NEW CR-NO IS *****M8588C) 200 Cantonmant Road #12-05 South point, Singapore GEO Tel *****11 TELEX NO RS ***** TERMINAL/CFS TM *****11 220 BOOKINGS Til *****4 235 PESAKA JARDINE SNIPPING AGENCIES SON. WD. PORT KEIANG TEL 3GMUS Tatei
      693 words
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      Page 21 Advertisements Column 2
      86 21 mm THE Philippine Port Authority (PPA) is studying the feasibility of constructing a railway system linking Manila's network of harbours to speed up transport of container cargoes being unloaded daily by domestic and foreign ships. P«g« II SAUDI ARABIA and Kuwait are installing a new navigation system of "radar lighthouses"
      86 words
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      Page 21 Advertisements Column 3
      451 21 *>° V hi, TIMFS [STP Distributors Tmmm PuMs/Nrif Group MAERSK LINE DESTINATIONS To California US Gulf-US Atlantic East Canada At Se«v-ce Feeder by Maerak Kobe Sated Sailed m Pt 13/1 19/1 20/1 26/1 27/1 2/2 3/2 *2 '0/2 16/2 '7/2 23/2 i 24/2 F««<)er by Maerak Kobe Feeder by Maersk
      451 words
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      653 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BENAVON FRANKFURT EXPRESS PILAR OSAKA BAY TOCAQA BAY NIPPONICA HONGKONG EXPRESS P KELANG SOUTHAMPTON 14/1 ALSO ACCEPTING CARGO TO; ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG, MALMO, HELSINKI, OSLO, AMSTERDAM, CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG ROAM/ ANTWERP
      653 words
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      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
      770 22 POLISH OCEAN LINES fj| Agents P'[|j S^gwe 0 Optorg Shipping Pte Ltd Tel *****44 -p K f i Jng Jftg'ac; 2 > Telei RS ?17» Petal,ng j i¥3 tt:«3 7S 75*13 SOUTH PACIFIC LINE 223 MOTE I) Conventional wirt'i calls at European I*2 3MI MB T7[ (OM MBI S LINE
      770 words
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      1265 23 A*\\ £2 The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT: CONTAINERSHIP SERVICES TO/FROM BANGKOK PtCASUS PROGRESS VSS4N PEGASUS PIONEER VISN BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 Alio Accepting Cargo For: Hamfturf to CeewWugw. Ajrhy*. Grthwtuff. Hiimo. Stockholm.
      1,265 words
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      651 23 EUROPE SENATOR UMIE General Agenr USA/PANAMA 124 22 Ml 17 903 04 uarmt cm ITKI PUTS Ti/rm Irt. UU. «L MA. Ml. TAB. «TC. AM lAL AM «Fl UtOUEST TO USA/CANADA WEEKLY FULL CONTAINER SERVICE FEEDER P HARDING VII P. ROOSEVELT V 42 P. MADISON VIS 3 P. JOHNSON V
      651 words
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      310 24 mSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN I VICE IRAN NEELAD V 672 Singapore ETA 27/1 Loading for BANDAR ABBAS w* KYOWA LINE MOTHER VSI KYOWA VIOLET V.23 KYOWA HIBISCUS V 35 LOAD FOR: VILA, NMA. LTK, SUVA. PAGO. APIA IBISCUS V 35 1/3 VILA.
      310 words
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      Page 24 Advertisements Column 2
      969 24 HANJIN SHIPPING CO., LTD. FUI.I.Y CONTAINERISED SFRVICF TO EUROPE VIA SUEZ TO FAR EAST PORTS A Member ol the Ace Consortium Tokyo 25/1 2S/1 m w Sp CHINA CONTAINER UE 14/1 HONGKONG CONTAINER HE 17/1 KOREAN JACEJIN 4CE 11/1 QUEEN'S WAY BRIDGE (E 26/1 H Konf Km 17/1 11/1 21/1
      969 words
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      Page 24 Advertisements Column 3
      757 24 m EVERGREEN Full Contsmer Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GLOBE EVER GENIUS EVER GIANT EVE* GENTRY EVER GATHER EVER GOVERN EVER GAJtOEN EVER GATHER SGP HKG KSG KLG PUS OSK TYO CHS i« Port it* iwi nm nm wn MwansiiaomMam 31* one om mm imc ;mb m mm (Ml
      757 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      594 25 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel *****33 VOY SIN JKT JIM SW SM MM SW 14/1 2*l 7 a FAR EAST CONTAINER SERVICE ■fl SIN MKQ KAO KEE sm isn it/1 isn 23/1 2S/1 sin 2/2 i«i im an 2M HKQ YOK MOO
      594 words
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      Page 25 Advertisements Column 2
      273 25 CHINA OCEAN SHIPPING COMPANY KK PGD P.K% Pwt an RotttrdaaVAfltwtrp P*unt Pkt| Sport BU Hk« S'hat Qin^tao SHAN CHENG 23/1 17/1 24/1 27/1 3/2 7/1 YANC FANG KOU W 27/1 2*l 2/2 *2 14/2 Accaptinf FCI Ciffo foe iN ottNf Chimn ports i sll iiUMI citiM in rt<% Pnf Sporp
      273 words
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      Page 25 Advertisements Column 3
      549 25 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT NAB rHAVEN RDM NAVtf STO* P KIAMC S'POM fO» T*U»t*v SMM S«M S*.M kIM 12/1 I*l HftC. KAO 1U HU I*l *yi HKC uo Crty•» UmtorfA SMM SMM SMM SMM SaiM 25/1 OH NKC. KAO OMKMni SMM
      549 words
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      Page 25 Advertisements Column 4
      429 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY SRIWIJAYA/25W8 KUTAI 16KB S. PANJANG/21WB ANTWERP HBURG/ R DAM/A DAM BREMEN 13/2 17/2 26/2 3/1 29/3 1/4 Sublet to Inducement Also accepting cargo to
      429 words
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      Page 25 Advertisements Column 5
      351 25 BOUSTEAD SHIPPING AGENCIES 18* BURMA FIVE STAR SHIPPING HMffll (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok LASHK) VlO3 4/11 ian 14A .TL HTONEYWA V242W 12/14 JM BANK LINE SEMI-CONTAINER SfRVItF HEAVV LirT CAPABILITY IVY BANK V23N TAUSALA SAMOA VI4N MORAYBANK V7N SPORE ROAM HULL HMC 25/1
      351 words
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  • Page 26 Advertisements
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      619 26 Q KAWASAKI KIStN KAISHA. LTD. K LINE ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE VIA FEEDER N. AMERICA-ATLANTIC COAST VOY LB 11 10/12 11 .17/12 20 24/12 N. AMERICA PACIFIC SOUTH-WEST •PK/PNG *INDO GEORGE W. BRIDGE 23 12/2 MANHATTAN BRIDGE 19 19/2 HENRY N. BRIDGE 21 26/2 MACKINAC BRIDGE
      619 words
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      Page 26 Advertisements Column 2
      243 26 M. *s ft is s\ GOLDENWAY MARITIME SDN. BHD. ETA MARITIME No.l Vl/89 In Port NEW LINE No.l Vl/89 14/1 SWEE ANN SATU V 2/89 23/1 6A. Lorong Cempening, off, Jin. Berangan, Port Klang, *****. Selangor ETO Loading For 14/1 Kuching/KK 17/1 Miri/Kuching 27/1 Kuching/KK/Labuan Tel: *****80. *****84 t *****88
      243 words
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      Page 26 Advertisements Column 3
      409 26 '■/16 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers KALI OAS *41 TULSIDAS Y 40 MottMr »ji By Faadar By Feeder I Feb 1 Feb IF* FrwVtMbySydn/AM 9 Mi. 2 Mar 2 Mar Frwn/tMb/SfOivfcM I Apr 1 Apr 1 Apr Fram/tMb/Sydn/AM INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIA/JAPAN/INDIA SERVICE Accepting
      409 words
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      Page 26 Advertisements Column 4
      550 26 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 3 T*M Ayw StrMt SINGAPORE 0104 TIL SMI* (10 LINtS) Fai SM3SO4 STRAITS/PERSIAN GULF SERVICE: QOUXN KM CttanbiVKaradWDutMi QOLOCN HARVEST CotomtxwlUfichi/Out*. BVram CHINA StNVICf A VCSStI Humph/ SlttOfMi Sso'f PKtUi* fW«g nm J»« CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA
      550 words
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      Page 26 Advertisements Column 5
      537 26 PHIU-OniCNT UN£5 PTC LTD HEAD OFFICE 63 ROB'NSON ROAD 07-12 AFRO ASIA BUILDING SINGAPORE 01CS TELEK RS ***** PHIII TAX *****76 vo m.'iftj' i.ii.B in-— ETA SINGAPORE (DESTINATION DUBAI, BAMAM. KUWAIT. DONA MUSCAT, BAHRAIN ABU DHABI B SHARJAH i j' l "IT I UN IVI NEW CENTRADE I*l COLOMBO. KARACHI,
      537 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      609 27 NEPTUNE AGENCfS PTE. LTD. Ganaral Bookings Bookings Inward/ Terminal CFS Enquiries FE EU/AUST TPA StA Outward *****22 *****53 *****77 *****53 *****42 ******4 NEPIME SON BHD Pananj J Bahru *****5 *****0 NEPTUNE ORIENT LINES LTD EXPORT TOR VSL/VOY PEN PKG SCP MOTH KB VSL/VOY 9CP UH PU RDM HAM UK Wop
      609 words
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      Page 27 Advertisements Column 2
      222 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: KELANG. PENANG. KEELUNG. BUSAN. INCHON V«mTs Nam* ETO BS SPORE PKLC K£E BUSAN MO JI NO I DON AM/WIN 04/01 14-1(01 17 11/01 20-2WI 2*31/01 »/01 tDRAGNET/901N 15/12 27 21/01 2& 2VOI D5-OSA32 11-12/02 11/02 #GLORIA/*UN 23/01 02-03/02 04-0402 12-12/02 15-17/02
      222 words
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      Page 27 Advertisements Column 3
      152 27 JE CONTAINER LINE, INC NEW SERVICE AUSTRALIA/NEW ZEALAND SYDNEY/MELBOURNE 20/01 FREMANTLE 20/01 AUCKLAND. WELLINGTON 12/01 N.PLYMOUTH. C.CHURCH SPOR£AGE.\T JE CONTAINER LINE (S) PTE LTD TEL: *****59 (20 LINES) FAX: *****63 PKLGAGE\T: JE CONTAINER LINE (M) SDN BHD TEL: (03) *****00/1 (8 LINES) INDIA Conventional/ LCUFCL Sorvtc* To COLOMBO. KARACHI, CHfTTAGONG.
      152 words
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      Page 27 Advertisements Column 4
      686 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 p KELANG HANDUNC SYSTEM CO SON BMO CaMes JAYAPOH PENANG. TH 6229UTwti MA 400(1 No 14
      686 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      329 28 XT SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 lines) FAX *****39/*****76 TELEX RS ***** A B SSCMA. RS ***** A/B SSCAD ii DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE TA LARNACA ACCEPTING CARGO FOR UMASSOt BEIRUT.
      329 words
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      Page 28 Advertisements Column 2
      72 28 LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TSKLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. CONTINENT Vl7 ETA SIN 17/1/ M "> KAOHSIUNG 4 DAYS -> KEELUNG 5 DAYS -> TOKYO 8 DAYS -W KEELUNG TOKYO SHIMIZU ■> NAGOYA > KOBE 9 DAYS 10 DAYS 11 DAYS TSKLINE
      72 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      158 28 Regional Weather m S <• N i W m #c a SIGNIFICANT WEATHER AND SEA CONDITfONS AT 7JO A.M. Jan 12. IMS LIGfNO R rhufHtenlorm •<- X\ A Weother Wmd drection with ip««d m knots Ran Ly Cloudy <*, W V Of» mdKOtcd by orr©w* wtuch H* with tK« wmd
      158 words
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      Page 29 Advertisements Column 1
      562 29 -pFARGO SHIPPING Te1:284 0122 REGULAR EXPRESS FCL& LCL SERVICE M DESTINATION fi: r <t PORT KELANG, PENANG (FCL) HONG KONG KEELUNG, KAOHSIUNG JAKARTA (FCL) TOKYO, KOBE, BUSAN (FCL) KARACHI, BOMBAY, COLOMBO (FCL) ETA SINGAPORE JARU BHUM 2IN l PIYA BHUM ISIN l SIRI BHUM 396N l BUNGA BUTANG 514 1
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      317 29 CSP SHIPPING AGENCIES PTE. LTD. TEL: *****66 (16 Lines) Tlx: ***** CSPFRT Fax: *****61 RICHFIELD MARINE AGENCIES |S| PTE ITO TEL *****33 (10 Line»> FAX *****15 w Is, a. TELEX RS ***** RISMIP (3 Llne»l mk ETHIOPIAN StHPPMK LMES w Unt flf £8MOW) iipps ACCEPTING FCL AND CONVENTIONAL PCN/PKG ETA
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      596 29 Tatsumi Marine DIRECT 3AHJNG TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) 1 Direct call to other ports sub/ect to inducement (also accepting transhipment cargo OROBAY MADANG. KIETA. WEWAK K/MBE RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Ttl: *****77, *****34, *****71 w ornct: w marine xmca ptl lto. (tpo«) til ana
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      196 29 < CFS > ft 5^ U T* H475M Tlx: ***** CFSM FU: H4I7M TORONTO/VANCOUVER LOS ANGELES/NEW YORK ROTTERDAM/HAMBURG FELIXST OWE/ LON DON SYDNEY/MELBOURNE FREMANTLE P. MORESBY/ LAE/ RABUAL COLOMBO HONGKONG/CHINA BANGKOK KEELUNG/KAOSHIUNG MANILA BUSAN P. KELANG/PENANG TOKYO/YOKOHAMA JAKARTA 17/1/89 19/1/89 21/1/89 21/1/89 15/1/89 17/1/89 25/1/89 18/1/89 18/1/89 17/1/89 15/1/89 15/1/89
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      Page 29 Advertisements Column 5
      347 29 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 Bj IRAQI LINE IMQ' S I QR Mil MV ALKINDI MV SINDBAD EAST BOUND SERVICE ETA S POKE LOADING FOR l« Pt Jaoan WEST BOUND SERVICE 5/2 UK Qasr/Batrah/BafMad THROUGH «/U to BAGNOAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO
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      Page 30 Advertisements Column 1
      431 30 Hai Sun Hup Co (Pte) Ltd 1 rEL *****06 |20 Lines, TLX HS ***** &RS ***** S j ft. I \SI I K\ \k I l\| K III) STIUUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0& HEAVY LIFT! Hone Kong Yokohama 31/1 Nagoya 30/1 Sonboku 21/1 Mizuahima 18/2 20/2 •for Discharging
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      Page 30 Advertisements Column 2
      604 30 "EXCHO YANG LINE EXPRESS FAR EAST/EUROPE FULLY CONTAINERISED SERVICE WESTBOUND lh rdm ham CHOYANG SUCCESS IW 21/1 1/2 V HANJIN ROTTERDAM IV 4/2 22/2 21/2 24/2 KOREAN JACEJIN 47W 11/2 «/3 *3 10/3 QUEENSVfAY BRIDGE 7W 4/3 22/3 23/3 24/3 Alm Kcaetinf for Inland UK dMtinatiom Antwp and Scandanavian port*.
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      333 30 P.T. MASKAPAI PELAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF SPORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 v>:: VSL MANDIRI PUL ADIL MANDIRI PUL ADiL VOY SIN
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      493 30 M. /M CALL US AT: P. KELANG PENANG J. BAHRU P GUOANG 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 TO EUROPE FEEDER I BUTANC SU rrrm I BUTANC Sl7 I > BUTANC M I 02.8 I M |N. DCJWA
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