The Business Times, 18 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 18, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    236 1 Dow down WALL STREET stocks were soft in early trading yesterday. Brokers said some prof-it-taking appeared on last week's gains with most investors awaiting the US trade deficit news today. The Dow was off a point at 2224 and a few more issues showed losses than gains.
    236 words
  • Article, Illustration
    Breakdown cuts trading volume
    217 1 A COMPUTER BREAKDOWN at the Stock Exchange of Singapore cut trading time by about an hour. A Telecoms spokesman said the breakdown was caused by a fault in its data transmission system. From about 3.15pm to 4pm, computer screens went blank, apparently affecting the volume of
    217 words
  • Article
    US dollar at three-month high against yen
    124 1 THE US DOLLAR yesterday touched a three-month high of 128.15 Japanese yen on the Tokyo foreign exchange before slipping later on profit-taking ahead of today's release of last November's US trade figures. Dealers estimated the November deficit to be around US$ll.5 billion, up
    124 words
  • Article
    Taiwan looks set to process crude oil in Singapore
    382 1  -  By LILIAN ANG AFTER MONTHS of negotiations, Taiwan's state-owned Chinese Petroleum Corporation (CPC) may finally be sending its first cargo of crude oil from the Middle East to Singapore for trial processing. CPC, fast running out of capacity at its own
    382 words
  • Article, Illustration
    Three airlines to join SIA, CPA in Abacus
    535 1  -  All-out bid to capture flight reservations market in Asia By LEE HAN SHIH SINGAPORE AIRLINES (SIA) and Cathay Pacific Airways (CPA) have rounded up three new partners in an all-out effort to dominate the multi-million-dollar flight reservations market in Asia. They are
    535 words
  • Article
    Consortium seeking approval to build HQ of computer reservation network here
    432 1  -  the evolution of travel -By LEE HAM SHIH A CONSORTIUM formed by five airlines, including Singapore Airlines (SIA). has asked the Singapore government for an open site to build the headquarters of its global computer reservation system (CRS) network.
    432 words
  • Article
    Lock icon Manila, Hanoi to decide bases' fate
    143 1 AFP PHILIPPINE Foreign Secretary Raul Manglapus said yesterday that his country and Vietnam will independently decide the fate of US and Soviet military bases in their territories. He said during his visit to Vietnam last November Manila and Hanoi had agreed that "the continuation
    AFP  -  143 words
  • Article
    Lock icon Venezuela backs increase in oil quota
    149 1 AP Reuter VENEZUELAN President-elect Carlos Andres Perez yesterday pledged support for a call by the United Arab Emirates for a higher oil production quota because of growing demand for oil. Mr Perez, who was ending a visit to the UAE, said Opec would be
    AP; Reuter  -  149 words
  • Article
    S'pore cannot be melting pot of cultures: BG Lee
    671 1  -  ClMF!s!mn\ m mm/mm. By SHOEB KAGDA TRADE AND INDUSTRY Minister Brigadier-General (Res) Lee Hsien Loong said in Parliament yesterday that Singapore could not afford to be a melting pot of cultures as that would mean discarding the individual traits of the
    671 words
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      Page 1 Advertisements Column 1
      143 1 m 'Is $1,000,000 88 cash prizes must be won with IBS/OUB Housing Loan Pre-purchase Yyt loan approval Low Rates Free Legal Fees Free Valuation No Processing Fees Up to 100% Financing Bridging Loans 4%% p.a. Renovation Loans Two lucky draws Each with 88 cash prizes totalling $500,000. Sign up now
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      Page 1 Advertisements Column 2
      220 1 Full report, PAGE 16 Regional Mkts, PAGE 18 Editorial Comment: 10 The stamp of quality ISA detention 10 A judgement reviewed Malaysia's NEP 11 In the hands of the council AB Relco Industries 2 Increasing output by 150 pc Architecture 3 Modular designs for new buildings Cambodian peace talks 4
      220 words
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      Page 1 Advertisements Column 3
      8 1 Mors stortM on Pag* 4 and Back Paga
      8 words
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      Page 1 Advertisements Column 4
      167 1 f\ CvbXwiy &talLtt~cL nhermain SINCE 1888 Made in WEST GERMANY More reports, PAGE 2 i a #> rs WHY YOU WOULD ENJOY THE PLAZA SERVICE APARTMENTS. L J V i v 1 -.1 *■>* At the most attractive rates in town. The Plaza Service Apartments offer you all the comforts
      167 words
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  • HOME NEWS
    • Article
      MEMO PAD
      446 2 "Seminars and (WS fiH CAHNERS EXPOSITION GROUP Courses 1 m.™ Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 1 ■mUI y Dot* Event Venue Organiser Phone no Jan 19 Hedging Financial Risks Boulevard Hotel Datasearch *****31 '89 With Futures Options Resources J^lj3-20 Improving Managerial SIM Management Singapore '89
      446 words
    • Article
      What five of those Bills mean
      788 2 *****2005? THE FOLLOWING BILLS were among 11 that were tabled in Parliament on Monday. All except one of the five Bills were introduced by the Minister for Home Affairs and Law, Professor S Jayakumar. Finance Minister Dr Richard Hu tabled the Income Tax (Amendment)
      788 words
    • Article, Illustration
      Consult GPCs before acting, government urged
      296 2 A GOVERNMENT Parliamentary Committee (GPC) chairman yesterday lauded the government for its moves for a consultative style of government, including the setting up of GPCs. But he also criticised it for failing to consult GPCs on the latest four tax increases. Home Affairs and
      296 words
    • Article
      Suggestions on public transport and diesel cars
      218 2 TWO MPs talked about cars, with one suggesting that public transport be improved in view of the rising costs of car ownership while the other sought a review of punitive taxes on diesel cars to make them affordable. Communications and Information GPC member
      218 words
    • Article
      President Wee in stable condition
      162 2 PRESIDENT Wee Kim Wee was in stable condition yesterday at the intensive care unit of the General Hospital, recovering from Monday's surgery for a cancerous growth in the rectum, according to a medical bulletin. The Health Ministry's note said a team of doctors yesterday morning
      162 words
    • Article
      Resistors maker to increase output by 150 pc
      367 2  -  By WILLIAM CHIA A ROCKWELL International electronics subsidiary plans to increase its local production capacity of resistors by 150 per cent this year. The company, AB Relco Industries, is 75 per cent owned by one of Rockwell's major subsidiaries, Allen-Bradley, with the
      367 words
    • Article, Illustration
      Lock icon 5pc growth for S'pore: Economist
      284 2 AFTER GROWING nearly 11 per cent last year, the Singapore economy will slow down this year to less than half that rate, according to the latest issue of the Economist. This places Singapore among the slowest-growing economies in Asia (see table). The UK weekly points
      Source: The Economist  -  284 words
    • Article
      US Embassy invites bids for land
      169 2 THE US EMBASSY in Singapore is opening for tender a 13,500 sq metre plot of land at Leedon Park. The plot, in the upmarket residential district 10, could be of interest to individuals as well as property developers, says Chesterton International Property Consultants, which
      169 words
    • Article, Illustration
      Manufacturers see slowdown
      635 3  -  By BOEY KIT YIN MANUFACTURERS are bracing themselves for a squeeze on profits this year as rising operating costs coincide with a slowdown in external demand. Though growth in the manufacturing sector is expected to remain positive this year, the dramatic rate at which it slowed down
      635 words
    • Article, Illustration
      Two industries set to remain strong
      631 3  -  By WILLIAM CHIA THE Singapore Manufacturers' Association expects the electrical and electronics industries to continue to outperform the manufacturing sector in general this year. Though the manufacturing sector slowed down to a growth of 9 per cent in the final quarter of last year,
      631 words
    • Article
      CAL spreads its wings with franchises abroad
      286 3 A LOCAL chain of computer schools for children, CAL, has started franchising its business overseas. An agreement has been signed between CAL (short for Computer Assisted Learning) and PT Oriental Komputer Bahtera to open a school in Jakarta. Plans have also been made
      286 words
    • Article
      A taste of Tyson chicken
      248 3 TODAY, TYSON the chicken will meet the public in the Oriental Hotel at Marina Square. Unfortunately for boxing fans, making the appearance is not Mike Tyson, the world champion, but a chicken producer of the same name, who has come east to carve out a
      248 words
    • Article
      Northwest Airlines plans passenger services to Singapore
      396 3 NORTHWEST AIRLINES, a major US airline with connections to more than 200 destinations in North America, will be inaugurating passenger services to Singapore. Starting from June 3 this year. Northwest will begin three non-stop passenger flights a week between Singapore and Tokyo. From
      396 words
    • Article
      New buildings to adopt modular designs
      441 3  -  By LILIAN ANG ALL NEW building projects in the public sector will have modular designs from this year onwards. Announcing this yesterday, Dr Cham Tao Soon, chairman of the Construction Industry Development Board, said modular systems, which allow building components to fit snugly in
      441 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      257 3 EDMUND WILLIAM BARKER has been appointed a director of Shangri-La Hotel with effect from this month. THE NEW EDP manager at the Hyatt Regency Singapore is Ivan Chan Kwan Chong. Mr Chan joins the Hyatt from TaiPan Ramada Hotel. He holds a masters degree in Information Technology.
      257 words
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      Page 2 Advertisements Column 1
      295 2 7 ~f~ ~r Your path to more business -r s at i Internepcon/Semiconductor International Malaysia '89 25-28 July 1989 a Kuala Lumpur, Malaysia ;by 12 4% a business strategy to reach a fast growing market! An electronics industry expanding by 12 4'X, a business strategy to reach a fast growing
      295 words
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      Page 2 Advertisements Column 2
      47 2 b collection VanGeef&Arpels Paris sr\ >7^ SPORT "2" Authorised dealers ROY EASTERN WATCH PTE LTD Tel *****39. *****35 DELUXE EASTERN WATCH PTE LTD Tel *****36/*****83 CORTINA WATCH CTR PTE LTD Tel *****85, *****71 NANKING WATCH DEALERS Tel *****04-*****58 WATCHES OF SWITZERLAND Tel *****43 BISTA (TRADING) PTE LTD
      47 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Samphan, Son Sann urged to attend talks
      420 4 UPI FOREIGN MINISTER All Alatas of Indonesia said in Bangkok yesterday that he met two Cambodian resistance leaders to persuade them to attend coming peace talks and take advantage of "rapid developments in the effort for a solution". He said Khmer Rouge leader
      UPI  -  420 words
    • Article
      Lock icon OECD talks could lead to new members from NIEs
      323 4 IHT THE ORGANISATION for Economic Cooperation and Development (OECD), grouping the world's leading industrial nations, next week tiptoes into a delicate consultation process that could ultimately open the club's doors to new members from Asia and Latin America. The first informal
      IHT  -  323 words
    • Article
      Lock icon Bonn to finance Shanghai subway
      136 4 AFP WEST GERMANY is to finance the Shanghai subway, to be built by the West German Siemens group, by way of a special-rate credit of 460 million Deutschemarks (almost US$25O million) granted to China. A bilateral agreement along these lines was signed in Bonn on
      AFP  -  136 words
    • Article
      Lock icon Domestic demand helps Japan's growth
      108 4 Agencies THE JAPANESE ECONOMY is continuing to expand, supported by strong domestic demand, the government Economic Planning Agency said in a monthly report. The report said corporate earnings continue to rise and the employment situation continues to improve. Private consumption remains strong, while the rate
      Agencies  -  108 words
    • Article
      Lock icon Beijing hotels told to save power amid energy shortage
      457 4 Reuter LUXURY HOTELS in Beijing have been ordered to make drastic electricity savings or be penalised and factories were reported to be facing further power cuts because of China's worsening energy shortages. Western hotel managers said yesterday that municipal authorities had
      Reuter  -  457 words
    • Article
      Lock icon Recruit more locals, Sabah development board told
      302 4 Bernama THE SABAH Land Development Board (SLDB) has been told to recruit more local workers in keeping with the government's policy of giving job priority to locals. Chief Minister Datuk Joseph Pairin Kitingan said on Monday that the board should conduct a study
      Bernama  -  302 words
    • Article
      Lock icon M'sia producer price index up
      141 4 Bernama MALAYSIA'S producer price index (PPI) for the first 11 months of last year rose 7.4 per cent over the corresponding period in 1987, the Statistics Department said in its November report. This was due to increases in the indices for food and live animals
      Bernama  -  141 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      871 4 ARRIVALS Operator Servte* Locol From number Hnw MAS OA I SU UAL FTl MAS SU AW SWAZI SU MAS KAl MAS MH625 0010 KUl OA471 0015 ATH SQM 0115 LAX/NtT UA805 0125 SFO/HKG FT82 0150 DXt MH627 0600 KU. SQ41 0610 MAA CW707 0625 MTS/Mfttl SQ31 0615
      871 words
    • Article
      Lock icon Taipei expects wider trade gap with Tokyo
      144 4 Reuter TAIWAN yesterday asked Japanese companies to promote sales of its products in Japan to help narrow the growing trade imbalance between the two countries. "It's difficult for our businessmen to sell their products because they find it hard to break non-tariff barriers
      Reuter  -  144 words
    • Article
      Lock icon New Zealand inflation rate hits lowest level in 19 years
      215 4 AFP NEW ZEALAND s consumer price index rose 1.2 per cent in the December quarter, reducing the annual rate of inflation from 9.6 per cent a year earlier to 4.7 per cent last year, the government said yesterday. The annual
      AFP  -  215 words
    • Article, Illustration
      Effigy burnt in protest
      43 4 LABOUR activists set fire to an effigy representing Chung Ju-Young, the owner of South Korea s Hyundai group, on Sunday. They were demanding Mr Chung's arrest for his alleged support of an unexplained attack on Labour activists last week
      43 words
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      Page 4 Advertisements Column 1
      105 4 rr v n S* k. v THE STEAK HOUSE IN A HOTEL WITHOUT ■HOtELPRICES Our Chef Recommend 1.) Broiled Chicken Prawn $11.00+ 2.) N.Z. Sirioin 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
      105 words
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      Page 4 Advertisements Column 2
      35 4 The business person's choice every Tuesday, Thursday, Saturday and Sunday Leovmg Chongi Airport at 22:05 hours and orrivmg Heathrow early the following morning Col your Travel Agent or Air Conada at *****55 AIR CANADA 0
      35 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      148 4 V/S'l City Max/ Singapore ••port for 24 hour* prior to 7.30pm on ion 17 at ®*H*» 10/09 Cloudy ■armuda 21/20 dowdy ®onn 12/06 Showon Wxw 27/18 Fhw &nj«oh 11/03 Cloudy Budapott 08/01 Ctoor ftuonos AJrot 34/23 Cloudy Cairo 13/05 Cloudy Calgary 01-16 Snow Canberra 30/11 Rain Cor ocas 23/15 Cloudy
      148 words
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  • REST OF THE WORLD
    • Article
      Lock icon EC to check US concern about contaminated meat
      393 5 Reuter THE EUROPEAN COMMUNITY is to investigate the US's worries that meat being exported to that country is contaminated with illegal substances, a senior EC trade official said. "We want to find out what their worries are, what the truth of the
      Reuter  -  393 words
    • Article
      Lock icon EC plan to liberalise telecoms market
      110 5 Reuter THE EXECUTIVE COMMISSION of the European Community (EC) is likely next month to present the next phase in its campaign to liberalise the EC telecommunications market by the end of 1992, a commission official said in Brussels. The official, Herbert Ungerer, told a
      Reuter  -  110 words
    • Article
      Lock icon 'US aid kept Yugoslavia afloat until 1965'
      144 5 AP US FOREIGN aid totalling some US$36 billion kept Yugoslavia's Communist government afloat from 1948, when Josip Broz Tito broke with Moscow, until 1965, a Belgrade daily said on Monday. "During that period, about 60 per cent of our balance of payments was
      AP  -  144 words
    • Article
      Lock icon Defence Department to spend US$8.6b on construction projects
      264 5 AP THE US DEFENCE Department wants to spend almost US$B.6 billion on construction projects in fiscal 1990, with more than US$l billion on projects outside the US. Almost one-third of the overseas spending U*****.1 million will go for projects in West Germany.
      AP  -  264 words
    • Article
      Lock icon Textile Bill lobbyists likely to face tough battle ahead
      346 5 AP SUPPORTERS of legislation that would restrict textile imports into the United States have used up many of their political favours and would face a tough battle getting the measure through Congress again, textile bill opponents say. "I think they're in
      AP  -  346 words
    • Article
      Lock icon Brazil may suspend interest payments if reserves critical
      427 5 Reuter BRAZILIAN Finance Minister Mailson Nobrega said his country could suspend interest payments on its foreign debt if international reserves reached a critical level. Mr Nobrega was briefing foreign correspondents on an antiinflation plan launched by the government on Sunday. The minister
      Reuter  -  427 words
    • Article
      Lock icon Reforms' success tied to spending cuts
      156 5 Reuter BRAZIL'S latest economic reform package could go far in combating rampant inflation, but much will depend on the ability of the Sarney government to limit public spending in an election year, British bankers said. "The crux is political control over the public sector,"
      Reuter  -  156 words
    • Article
      Lock icon US may lift some sanctions against oil firms in Libya
      290 5 UPI PRESIDENT Ronald Reagan is likely to act this week on a proposal to lift some sanctions against American oil companies doing business in Libya to keep Muammar Gaddafi from "getting a windfall", aUS official confirmed on Monday. The official,
      UPI  -  290 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      141 5 A NEW TECH PARK SPACE DSCOVERY. SINGAPORE'S FIRST TOTAL MANUFACTURING ENVIRONMENT. HIGH TECH SPECIFICATIONS: m s I m r. "Z V \m 4^ a j -r :sf o'> <i*> 'r* .f'- #n^*r >» 1 > > a(r/'C £pjajt#v 1 i* v JD.ii' -ti -V*. »•>* v>.. -> jai ira 'w«
      141 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      39 5 UJHfiVS THAT, GEORGB* YOUR FORK, SIR. YOU'R£ USING YOURP&eeRT FORK INSTEAP < OF YOUR 4m SALAP m FORK. BY GARRY TRUDEAU n 1 s 22 111 *****1 l UJB-LL, IFSEL, goopfor w youi^ 5,R POHN3, GBORG&! JA Lllllll! M -s
      39 words
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  • MONEY AND EXCHNGES
    • Article
      Lock icon UK slowdown may not stop sterling's rise
      399 6 Reuter STERLING could extend its recent period of strength against the deutschemark, even forging well beyond 3.30 deutschemarks, in spite of incipient signs that the overheated British economy is finally slowing down, according to economists in London. The pound gained around four pfennigs
      Reuter  -  399 words
    • Article
      Money markets
      59 6 THE OVERNIGHT rate on the Singapore money market rose by 5/8 point to close at 4-5/8 per cent yesterday. The term rates were unchanged. S$ Interbank rates at the dose yesterday: OHW MO Ow«lgh» 4 5/8 4 1/3 1-4*01* J 3/16 5 1/14 a-morth J 1/4 S 1/«
      59 words
    • Article
      Asian $ market
      242 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at their opening levels, with most operators sidelined ahead of today's release of US November trade figures, dealers said. Asian dollar CD rates closed steady at the morning's level of 9.25/15 per cent for one-month, 9.35/25 per cent for three-months and
      242 words
    • Article
      Government Securities Market
      96 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity MD OFFER HIGH LOW 3 months BQ*****H 13.04.89 3.90 3.85 3.83 3.81 6 months 1 year BY*****H 23.11.89 4.20 4.15 4.21 4.19 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BIO OfFCR HIGH
      96 words
    • Article, Illustration
      World interest rates
      188 6 Indicates ths i«*rag« of tt>a prime landing ntei of 12 ma (or banks In 3'pors Interbank market rates (offer/bid) on Jan 17 us$ DM SWFC Y«n 7 dcrjra 1/4 1/9 13 1/8 13 J 3/8 1/4 J 1/2 3/8 4 1/4 1/8 1 n#i 1/4 1/8 13
      188 words
    • Article, Illustration
      Lock icon Forex markets
      1568 6 SINGAPORE: AFTER hitting the high of D-mark 1.8490 in New York on Monday night on West German Finance Minister Stoltenberg's comment that US dollar's current level is acceptable to the G-7, the US dollar closed lower in Asia ahead of the US trade data today. Position squaring and
      Sources: OCBC, Republic National Bank of New York (S) Ltd  -  1,568 words
    • Article
      Lock icon Simex
      439 6 BA Futures MARCH Eurodollar futures yesterday opened unchanged from the previous Simex close at 90.54. Prices edged higher to 90.56 as the US dollar firmed but fell when profit-taking came in. The March contract continued to fall to a low of 90.50 when dollar weakened but finally managed to
      BA Futures  -  439 words
    • Article
      Comex gold/silver futures
      174 6 Gold futures on Jan 16, 1989 100 tray ounoax USS par troy ou nca Opon m* Lm Mh km 09 402.20 -0-10 Fab 402.80 4O3.60 402X0 40X20 -0 20 Mar 405JO -0.20 407 30 4Q0 tfl 407JO 40X40 -OJO Jw 41X30 414.00 41X50 41X50 -0.30 *-9 4119?
      174 words
    • Article
      Options
      842 6 CURRENCY FUTURES OPTIONS Tuesday, Jan 17, 1988 DEUTSCHE MARK (SIMEX) S8 caSa MNp« High Lm M HMi 1m m*m 53 54 55 56 Mar 8S caSa Wflfc Low 14 Sas Mar 88 paM High Law 3 39 89 SaS 31 33 33 34 S3 56 37 59 Mm 88
      842 words
    • Article
      Lock icon IMM
      258 6 Reuter IMM currency futures on Monday firmed near the close but still finished with steep losses. Position-squaring and profit-taking ahead of today s November US trade balance data cut the largest losses by the early 1000 GMT close. Activity remained light and mostly local due to the US Martin
      Reuter  -  258 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      115 6 ■I* Great lasting VEAL... The distinctive taste of prime quality veal. TEN specially prepared dishes to entice your taste buds For a delicious change from the everyday. The superb selection include Veal Fillet with Goose Liver TVuffle Sauce. Medallions of Vfeal with Peaches Calvadoes Sauce. Palliard of Veal and Veal
      115 words
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  • BANKING AND FINACE
    • Article
      Lock icon Chase, Manufacturers Hanover post higher profits
      510 7 AP CHASE MANHATTAN Corp and Manufacturers Hanover Corp, two of US's biggest bank holding companies, yesterday reported huge gains in their fourth-quarter earnings and sizeable profits for all of 1988. Both New York banking concerns noted an increase in net interest income, including pastdue
      AP  -  510 words
    • Article
      Lock icon Chief of South Africa's biggest bank resigns
      167 7 Reuter THE CHIEF EXECUTIVE of South Africa's biggest bank has resigned and will emigrate to work for a company in Europe, the bank said. The First National Bank of Southern Africa, the former South African associate of Britain's Barclays Bank, gave no reason
      Reuter  -  167 words
    • Article
      Lock icon Special currency measures not needed, says Murayama
      234 7 Reuter JAPANESE Finance Minister Tatsuo Murayama said he sees no need now for special measures by major nations to deal with currency movements. He also told a press conference that there had been no decision yet on the possibility of an early meeting
      Reuter  -  234 words
    • Article
      Lock icon Banker sees Aussie dollar averaging US$0.82 this year
      156 7 Reuter THE AUSTRALIAN DOLLAR will fall to an average US$O.B2 this year, but interest rates are set to remain high for some time, says Nobby Clark, managing director of National Australia Bank Ltd. He told the Agricultural Outlook Conference in Canberra yesterday
      Reuter  -  156 words
    • Article
      Lock icon Re-nationalisation fears loom in Paris
      413 7 Reuter AMID RUMBLING financial scandals, left-wingers in France's socialistdominated government have called for the re-nationalisation of French banks and industry in spite of pledges that privatised companies will be left in peace. Defence Minister Jean-Pierre Chevenement plunged into controversy at the weekend by saying that
      Reuter  -  413 words
    • Article
      Lock icon US, USSR to discuss repayment of old debt
      443 7 AP US AND SOVIET officials have started talks on repayment of the Russian debt, owed by the Czarist government but repudiated after the Soviet revolution of 1917, the US State Department said. The face value of the debt is now estimated at
      AP  -  443 words
    • Article
      Lock icon Insurance arm of Kuok group looks to Asean
      445 7 Bernama JERNEH INSURANCE Corporation Sdn Bhd, the insurance arm of the Kuok group of companies, is looking at the regional market for future growth and expansion, general manager Kuok Khoon Ping said in Kuala Lumpur yesterday. Jerneh hopes to establish itself as
      Bernama  -  445 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      278 7 UP AND ENJOY THE BENEFITS rO OCBC'S NEW GOLD STANDARD *Er *SaJa" <>'- rtiSsS®*® I^l v-*-, -lC 49C® r-» U« w [OVERSEA-CHINESE BANKING CORPORATION LIMITED THE OCBC WORLD ASSIST PROGRAMME In its continuing programme to reach for higher standards, OCBC is proud to introduce the OCBC WORLDASSIST PROGRAMME. Another first
      278 words
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  • COMMODITIES
    • Article
      Lock icon Rotterdam faces uphill task against IPE
      519 8 Reuter ROTTERDAM could face an uphill task starting out in the energy futures business because of direct competition from London's well-established International Petroleum Exchange (IPE), London oil dealers and brokers say. Rotterdam Chamber of Commerce unveiled plans on Friday to trade crude oil and
      Reuter  -  519 words
    • Article
      Lock icon Talk of Opec accord spurs oil prices in New York
      207 8 AP OIL FUTURES prices surged in New York yesterday to their highest levels since November 1987, pumped up by market speculation that Opec nations would be able to keep a cap on their output. Analysts said they did not expect
      AP  -  207 words
    • Article
      Lock icon Battle against rust sends zinc prices soaring
      409 8 Reuter THE BATTLE to Stop cars from rusting helped drive zinc prices to a record high on Monday. Car makers around the globe are using more of the metal to galvanise steel in bodywork to give their cars a longer life. Until recently,
      Reuter  -  409 words
    • Article
      Lock icon Inro buffer stock manager clears the air
      190 8 Reuter INTERNATIONAL Natural Rubber Organisation (Inro) buffer stock manager Aldo Hofmeister has denied London traders' claims that Inro buffer stock rubber is of poor quality and that he has encountered problems in selling. Traders in London said Mr Hofmeister had made offers in
      Reuter  -  190 words
    • Article
      Lock icon Wheat
      228 8 Reuter CHICAGO Board of Trade wheat futures finished mixed on Monday with nearbys sharply lower and deferreds slightly higher. Traders said the nearbys were depressed by sympathetic selling from the limit down moves in corn and soybeans. Deferreds gained on spread buying against nearbys as well as outright purchases
      Reuter  -  228 words
    • Article
      Lock icon Soybean
      242 8 Reuter CHICAGO of Trade soybean futures on Monday finished down the 30 US cents a bushel limit in most old crop months after hovering at or around that level for most of the day on mixed speculative selling, traders said. The March, May, July and August contracts ended limit
      Reuter  -  242 words
    • Article
      London markets
      262 8 London Commodity Exchange Buyer/Seller closing prices on Jan 16, (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Basis lo-itore London, sellers option OF London Jo" 1159/60 (1166/70) H»gh/low 1160/49 1158/60 (1165/66) High/Low J 165/49 Salm (2197) Cocoa Mar 801/802 (796/798) High/Low 796/798 May 806/807 (806/807) High/Low 812/805
      262 words
    • Article
      Lock icon Crude Oil and Products
      167 8 Telerate FUEL OIL prices were little changed from their current levels today. Sentiment was steady and February prices of CSTIBO lots were expected to move up gradually. The demand and supply situation was Fairly well-balanced, traders said, with addi- tional supply seen from buying interest from
      Telerate  -  167 words
    • Article
      Precious Metals
      438 8 HONGKONG: GOLD yesterday closed firmer on light short-covering by local and Taiwanese investors in the afternoon, dealers said. They said the market was quiet as traders kept to the sidelines ahead of US November trade data to be released today. Bullion rose to U*****.60/403.10 an ounce from an
      438 words
    • Article
      Palm Oil
      396 8 MALAYSIAN CRUDE PALM OIL FUTURES closed slightly easier in active buying support on the KLCE yesterday. Dealers said the market had opened lower in line with the sharp fall on the Chicago soyaoil futures but sentiment picked up gradually at noon as buying interest emerged following the better
      396 words
    • Article
      Lock icon KL Tin
      211 8 Reuter THE KUALA LUMPUR Tin Market (KLTM) price yeeterday firmed 11 cents to end at M 520.09 a kg on strong, mainly European demand, dealers said. "There Is a tightness in Europe and It la cheap buying here following Mm rlngglt's weakness against sterling," a broker said. Heavy
      Reuter  -  211 words
    • Article
      Produce Prices
      240 8 Chinese Produce Exchange S#H#n' noon dosing prices an ion 17 (S$/100 kg) Coconut oil Bwfc FOB 112.00 Otd drum FOB 122.00 Naw drum FOB 126.00 Copra Mixad (loose) 67.00 Pepper iA. -i-U-rVwww wTwre FOB NtW 730.00 Sarawak whH* FOB faq NLW 720.00 Sarawak spadal block FOB NtW 507JO
      240 words
    • Article
      Lock icon Rubber
      339 8 Reuter SMGAPORE: PRICES yesterday ended quietly steady with February 1 RSS buyer quoted at 218.50 cents a kg, unchanged from Monday's finish. Brokers said the morning session ended little changed from overnight levels on light trade selling after a higher opening. In the afternoon, prices fluctuated within a narrow
      Reuter  -  339 words
    • Article
      RAS and MRELB
      300 8 RAS prices mac •nta/fcg, H )6 In bata m NOON CLOSE •vynrs f-M Iwywi -M jwitn Int 1 RSS Prompt 220-50 221 JON 217.00 ***** Im 1 RSS Fnb 89 222.00 223.00 218-50 219 JO tnt 1 RSS Mar 223.00 *****N 219 JO 220J0 Int 2 RSS
      300 words
    • Article
      SSR and SMR
      87 8 (canti/kg) FEMUARY 1989 MARCH 1989 (currant month) ♦cwwor ■d month) RAS NOON NOON luytn e-m Iwyan S*K»n SSt 30 197 JO 199 JO 197 JO 199 JO ssi so 195 JO 197 JO 195 JO 197 JO V.\MV. |gy^r| Saltan SM>CV ***** 320.00N 320.00 Soflon *****N SMI
      87 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      243 8 SHARPEN YOUR THINKING SKILLS No matter how intelligent you think you are you can learn to think harder and smarter than you thought possible. According to Dr Edward de Bono, who is internationally regarded as the authority in creative and conceptual thinking, brilliant ideas and spectacular breakthroughs are often the
      243 words
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  • FOCUS
    • Article, Illustration
      Lock icon Spain: country of the future
      1123 9 NYT WITH EUROPE'S fastest economic growth rate and foreign investment that has tripled in five years, Spain is turning into the continent's sun belt. "The Iberian peninsula is Europe's last frontier," said Jorge Hay, director of planning for Banco Hispano Americano in Madrid. Spaniards and
      NYT  -  1,123 words
    • Article
      Lock icon New party hopes to revive politics of Francisco Franco
      708 9 Reuter MOST SPANIARDS are happy to let the memory of Francisco Franco's 40-year dictatorship recede into history. But one newly-formed party would welcome a return to a more authoritarian style of government. The message of the party for the Restoration of
      Reuter  -  708 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      125 9 VOLVO 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 >mam» r 'U r m <.y. mm* •7G C M rMlllt! 0 The Volvo 760 GLE For under $200,000 For a
      125 words
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  • PERSPECTIVE
    • Article
      The stamp off quality
      458 10 BUSINESS TIMES WEDNESDAY, JANUARY 18, 1989 QUALITY MUST surely be a paramount consideration of any purchaser of a property. Yet he or she has little to go by other than the superficial outward appearance of a building and the trust that the regulatory authorities would ensure
      458 words
    • Article
      Corporatisation: SES clarifies
      576 10  -  Letter to the Editor PETER CHIA Public Affairs Manager Stock Exchange of Singapore Dear Sir, Hock Lock Siew made a number of allegations in his report, Corporatisation: Clearer guidelines will help (BT 11.1.89). We are amused that Hock Lock Siew seems to imply that this corporatisation scheme
      576 words
    • Article
      Editor's reply
      141 10 WE WOULD LIKE to assure the Stock Exchange of Singapore that the two reports on the recent corporatisation exercise (BT Jan 6) and (BT Jan 11) were based on feedback we received from both successful candidates as well as unsuccessful applicants. On both occasions, Peter Chia. as spokesman
      141 words
    • Article, Illustration
      A judgement reviewed
      2525 10  -  On Dec 8 last year, the Court of Appeal ruled on technical grounds that four detainees held under the Internal Security Act (ISA) should be released. In coming to its decision, the court changed the prevailing law of judicial review as it applied to the exercise of
      2,525 words
    • Article, Illustration
      Lock icon Chemical weapons conference stands world order on its head
      609 11 AP THE GATHERING of 149 nations to condemn chemical weapons showed, if nothing else, how the world order of a short time back has been stood on its head. The old divisions so familiar in world affairs East-West, North-South, First World-Third
      AP  -  609 words
    • Article, Illustration
      Fear and peace
      738 11 THREE MONTHS after left-wing guerillas left a trail of destruction in the southern Sri Lankan town of Angunakolapelassa, people are back on the streets and shops are in business. Farmers work in rain-swept rice fields, students dash to the playground after classes. Peace has returned to the
      738 words
    • Article, Illustration
      In the hands of the council
      1049 11  -  Review of Malaysia's New Economic Policy The problem over the reliability of official statistics confronts Malaysia's National Consultative Council when it begins a crucial meeting over the NEP's post-1990 scenario tomorrow. If the NCC's multi-racial members can agree on an egalitarian approach towards resolving
      1,049 words
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  • Page 10 Miscellaneous
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      83 11 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way every Tuesday in BT 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,
      83 words
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  • LEISURE
    • Article, Illustration
      Nissan 200SX — pretty and brawny
      682 12  - Nissan 200SX pretty and brawny MOTORING By CHRISTOPHER TAN WHEN MARRYING sports to saloon, many car makers have to live with one word compromise. The hiflh fuel consumption of a thoroughbred circuit racer, its massive and loud powerplant and its spartan driving environment, among many other factors, would be ridiculous
      682 words
    • Article, Illustration
      Lock icon The boldest newspaper in China
      972 13 MEDIA NYT IN A COUNTRY where the boundaries of debate are real but ill-defined, a weekly newspaper in Shanghai is renowned as perhaps the best surveyor of the changing frontiers of intellectual tolerance in China today. The World Economic Herald is desperate for funds, newsprint,
      NYT  -  972 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1018 12 _sr LT Where to entertain ONE GOOD REASON TO LUNCH AFTHE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THK CHOICK OF MAIN (XXJRSES. w For between $26+ and $40+ you can select from our appetiser VjKII.L buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses.
      1,018 words
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      Page 12 Advertisements Column 2
      222 12 ft This month, you can enjoy sumptuous Guangdong, Sichuan and Beijing cuisines at the Pine Court. Our buffet tables are heavily laden with delectable Shark's Fin with Crab Meat. Baked Tench, Pan-fried Fresh Scallop with Chilli Sauce, Dried Prawns in Dried Red Chilli, Braised Garoupa and much, much more. At
      222 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      182 13 ■J li n lilt V I' }W '4k Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, for every drink you order you get your next FREE. And bottle purchases are at 25% less There's no happier time to enjoy your
      182 words
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      Page 13 Advertisements Column 2
      69 13 White out of Black Unlock the secret of Black Tower. A delightfully fruity, light, white wine from the Rhine in Germany; preserved in a pre-Roman shaped, black bottle. m M r%. WKVNKI c V Nr.4 907M4C3n otc< iiinu flincr Roman ti< i 5 ~c' is iht troOlttonol atone ttu s
      69 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      649 13 1 CRYPTIC PUZZLE ACROSS 1 National confidence? (5) 6 An L of an age? (5) 9 Was deeply sorry to change me round (7) 10 Health resort in a foreign land (5) 11 The beast's all wrong, mum (5) 12 Hang around, not exactly daily (5) 13 Corrected by a
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    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1243 13 to gap [MM® Where eagles soar... tf The Natural World Battle For tha Eagles, Channel 12, 9.30pm OUR CHOICE BATTLE FOR THE EAGLES Channel 12, 9.30pm Who would want to destroy the beauty of the majestic golden eagle? Quite a few people apparently. In Texas, for instance, some people shoot
      1,243 words
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  • SPORTS
    • Article, Illustration
      No surprises for top seeds
      1133 14  -  TENNIS By BARRY WOOD THERE WAS little drama on the second day of the Australian Open as Ivan Lendl, John McEnroe, Boris Becker, Pat Cash and Stefan Edberg all won with various degrees of ease. Lendl had the easiest time, defeating West German Alexander Mronz
      1,133 words
    • Article
      Lock icon Injury may mean no Bowl for Rice
      492 14 AMERICAN FOOTBALL AP THE THOUGHT of playing a Super Bowl without wide receiver Jerry Rice is enough to nauseate any San Francisco 49ers fan. Or player. Or coach. It's not something the National Football Conference champions will have to stomach on Sunday, in
      AP  -  492 words
    • Article, Illustration
      Lock icon Charlotte Hornets prove they can sting
      434 14 BASKETBALL AP THE CHARLOTTE HORNETS proved a few things on Monday. The Hornets proved they could win on the road and they proved they could beat a quality team. Kelly Tripucka scored 40 points, including nine in overtime, as Charlotte beat the Philadelphia 76ers
      AP  -  434 words
    • Article, Illustration
      Lock icon Housewife standing in Schneider's way
      247 14 SKIING AP VRENI SCHNEIDER'S only real opponent these days is a 35-year-old Austrian housewife who runs a hotel in her hometown of Kleinarl. Having eclipsed every woman competing on the World Cup ski tour, the 24-year-old Schneider has moved into a realm occupied by the
      AP  -  247 words
    • Article
      Lock icon Pakistan names side for NZ game
      102 14 CRICKET Reuter PAKISTAN'S vice-captain Javed Miandad was among three players not included in the team announced to play a New Zealand second Xls selection at New Plymouth, New Zealand, yesterday. Captain Imran Khan said on Tuesday that Miandad, legspinner Abdul Qadir and paceman Aaqib
      Reuter  -  102 words
    • Article
      Lock icon Jones looks good for yet another victory at home
      444 14 GOLF UPI STEVE JONES, the only winner on the PGA tour this season, owns an added advantage entering this week's Phoenix Open Jones lives in Phoenix. That means he will not have to contend with hotels and room service when he
      UPI  -  444 words
    • Article
      Lock icon Million-dollar hopes riding on Bruno
      107 14 BOXING AP A LONDON BETTOR stands to make almost as much money as Frank Bruno if the British heavyweight longshot upsets world champion Mike Tyson in their title fight next month. The unidentified fan walked into a Ladbrokes betting shop in London on Monday and
      AP  -  107 words
    • Article
      BONDS, LOANS & WARRANTS
      460 14 BONDS, LOANS WARRANTS Company Espiry/ maturity dmfm Couf <%> CK Tang Wrts *****990 Oman Hup Witi 1991 Qty D*v Bond* 1994 5V4 Oty D«v Wrti 1992 G Corp CULS 1989 10 H Prop Bonds H Prop Wrts 1993 1993 4 H Tol-Pan Wrts 1992 Irmo-Pac Loan kmo-Poc Wrts 1992 1992
      460 words
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  • COMPANIES & STOCK MARKETS
    • Article
      JC-MPH unit makes offer for JCAL
      222 15 JACK-CHIA MPH LTD's whollyowned Australian subsidiary is making an unconditional cash offer to buy all the shares in Jack Chia (Australia) Ltd (JCAL) which it does not already own for A 50.32 apiece. Jack Chia Industries (Australia) Re Ltd (JCIA) and its related companies
      222 words
    • Article
      Lock icon Lim Kim Hai seeks listing on KLSE's second board
      385 15 MBT LIM KIM HAI Holdings (M) is likely to be the first company to be listed on the Kuala Lumpur Stock Exchange's second board. The company is a manufacturer, distributor and supplier of electrical components and equipment for industrial and domestic
      MBT  -  385 words
    • Article, Illustration
      Chateau at Scotts for sale
      575 15  -  DBS Land wants $60 million for hotel By MAGDALENE NG SLIGHTLY MORE than a year after it bought Chateau at Scotts (or $35 million, DBS Land has put the 241-room hotel at Scotts Road on the market with a price tag of $60 million. In
      575 words
    • Article, Illustration
      The year of Great Expectations
      1664 15  -  The Year of Great Expectations, that was how 1988 started. But it was a year filled with numerous corporate wheelings and dealings. AMY BALAN traces the major corporate events that made headline news. AMY BALAN IF 1987 was the year of the Great Crash, 1988
      1,664 words
    • Article
      Prospects of early restart of Concourse look bright
      353 15  -  By ROSIE TAN PROSPECTS for an early restart of The Concourse, a long suspended 45-storey retail, office and residential project along Beach Road by Hong Fok Corporation, have brightened considerably. The property group said in a circular to shareholders that of the
      353 words
    • SES
      • Article, Illustration
        Market loses ground on a broad front in thin trading
        795 16  -  By MICHELLE OH SHARE PRICES slipped across a broad front in thin trading yesterday. partly affected by a system breakdown at the SES which interrupted trading during the last hour. The Straits Times Industrial Index fell 3.09 points to 1,104.82
        795 words
      • Article
        COMPANY MEETINGS
        120 16 BATU KAWAN BERHAD: 24th AGM at the Registered office, Wisma Taiko, 1 Jalan S P Seenivasagam, ***** Ipoh on Saturday, Jan 21 at 12.30 pm. MALAYAN BREWERIES LIMITED: 55th AGM at OCBC Centre, 19th storey on Tuesday, Jan 24, at 11.00 am. ELECTRO MAGNETIC (S) LTD: 7th AGM
        120 words
      • Article
        Unit trusts
        318 16 Managers' prices for Jan 18 Singapore Unit Trust The Commerce 101 107 The Savings Fund 090 0.95 S'pore Prog Fund 0 38 042 S'pore Sec Fund 066 071 S'pore Invert Fund 071 0.76 S'pore Equity Fund 0.47 051 Asia Unit Trust Mai Invest Fund 1.47 1.57 Mai Prog
        318 words
      • Article
        APPROVED ISSUES
        20 16 Company RIGHTS ISSUE Tongkah Hldgs On*-for-on« )l 00 p*f ihor« Ex dote: Jon 6 Books clos*: Jon 20
        20 words
      • Article
        PROPOSED ISSUES
        310 16 Company RIGHTS ISSUE C 1 Holdings 27 will ion loon slocks in the ratio of $3 loon stock for every live ordinory -L. L-IJ Causeway Inv Inorfj n«iQ Issue of $7 252.937 nom.no! amount o( 6% loon Stock 1989/94 on ft* bosh of $1 nominal amount ol loan
        310 words
      • Article
        SES SHARE INFORMATION
        5681 16 1968/89 Tel High Low Code SESDAQ Company Last Sal* JAN 17 orVol ('000) Day High Low Last Quota Buyer Sal tar Gr'a Dlv Dlv C'vr Gr'a rw Net P/E M Cap Smll 187 120 170 60% 110 130 78% 199* 144 92 135 126 122 114 t
        5,681 words
    • KLSE
      • Article, Illustration
        Prices fall across the board
        3344 17 AFTER chalking up gains in the past few sessions, the Kuala Lumpur stock market finally took a breather yesterday and share prices fell across the board on profittaking. Cement stocks, however, bucked the generally softer bias. A broker said the decline was not unexpected as
        3,344 words
    • REGIONAL MARKETS
      • Article
        Lock icon More Japanese move into German stocks
        842 18 Subtle but strong interest seen lately Reuter A JAPANESE INVASION of the West German equities market predicted two years ago has not yet materialised, although bankers say there are increasing but subtle signs of growing Japanese interest. Junichi Mori, equities director at Bank of
        Reuter  -  842 words
      • Article
        Lock icon Thai Airways to buy six Airbus planes for US$400m
        264 18 AFP THAI AIRWAYS International ia to buy aix Airbus A--300 planes for a total of US$4OO million to meet growing passenger demand, a spokesman for the national flag-carrier said. The medium-haul planes, each able to carry 260 passengers, are to be
        AFP  -  264 words
      • Article, Illustration
        Lock icon Profit-taking sets in
        554 18 Tokyo Reuter TOKYO share prices fell in thin trade on profit-taking yesterday after last week's string of record highs and on a rise in the dollar and oil prices overnight brokers said. One broker said: "They had over 1,000 points on the index last week, so what
        Reuter  -  554 words
      • Article, Illustration
        Lock icon Lower finish
        453 18 Australia Reuter THE AUSTRALIAN share market erased last week's gains yesterday as investors waited for today's crucial balance of payments figures for December. Brokers said the market was at its lowest since Jan 9, closing just above 1,500 on light trading in moet sectors. At the close of
        Reuter  -  453 words
      • Article, Illustration
        Another post-Crash high
        1324 18 Hongkong FRESH BUYING from overseas boosted the Hang Seng index 39 98 points to close at a post-Crash record high of 2,896.65 yesterday. The index rose amid one-way trade and moderate turnover. It touched 2,900 before meeting psychological resistance, brokers said. The Hong Kong index rose 25.56
        1,324 words
      • Article
        Lock icon Taipei: Late rally
        393 18 Reuter TAIWANESE share prices overcame bouts of profittaking early in the day to finish higher in almost every sector yesterday, dealers said. The weighted index jumped 228.45 points, or 3.8 per cent, to end at 6,151.36 sgainst Monday's 5,922.61 finish. Turnover slipped to NT537.9 billion from NT540.65
        Reuter  -  393 words
      • Article
        Lock icon Seoul: Moderate trading
        158 18 Reuter SEOUL STOCKS fell further in moderate trading yesterday, extending Monday's big losses after President Roh Tae-woo s New Year news conference failed to impress investors. brokers said. Near the close, the composite index shed 4.71 points to 881.91. Losses outpaced gains by 332 to 129. Turnover
        Reuter  -  158 words
      • Article
        Lock icon NZ: Recovery
        124 18 Reuter THE NEW ZEALAND share market yesterday recovered some ground lost on Monday but the buyers returned to a very thin market, brokers said. The Barclays Index rose 14.81 to 1,911.14 after falling 21.71 on Monday. "It got oversold at the close on Monday and buyers returned accordingly,"
        Reuter  -  124 words
      • Article
        Lock icon Bangkok: Index up
        109 18 Reuter THE SECURITIES Exchange of Thailand Index roee 5.15 points to 429.61 yesterday on a turnover of 12,613,170 shares worth 946.72 million baht. gp, 99E? Cora. M CoomXc jalapratfian Cmwi 110 •6 C 487 IMbooflMwoflQ Motai ftir** 124 undt Pud PutottsMnQ...... Saha Union. 208 +2 Slam ComonL
        Reuter  -  109 words
      • Article
        Lock icon Manila: Five-month high
        83 18 Reuter SHARE PRICES hit a record five-month high on the Manila stock exchange's composite index yesterday. The index rose 8.92 points to 853.79 from the previous record of 853.70 reached early this month. The outlook was mixed but trends would be more distinct by next week, said
        Reuter  -  83 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Lacklustre show from stocks
        851 19 New York Reuter US STOCK PRICES turned in a lacklustre performance on Monday, ending marginally lower, with bond and currency markets closed for Martin Luther King's birthday. Many banks were also shut for the day. Trading volume was the lightest since the day after the Christmas
        Reuter  -  851 words
      • Article, Illustration
        Lock icon Equities open easier
        906 19 London Reuter THE NEW YEAR rally faltered yesterday as shares in London opened easier yesterday and the FTSE 100 share index fell 2.9 points to 1,868.9. This was its first opening fall in six trading sessions and only the second this year. The FTSE had risen 94
        Reuter  -  906 words
      • Article
        Selected indices
        111 19 HONGKONG Hongkong Index Tuesday 1.***** Monday 1.***** W eek ago 1.869 38 Hang Song Index Tuesday 2.896 65 Monday 2.856 67 WmI. ogo 2.***** All Industrials Tuesday 2.5030 Monday 2.5309 Week ago 2.504 8 NEW YORK Dow Jones Monday 2.***** Friday 2.***** Week ago 2.199 46 TOKYO Nikkei
        111 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1643 19 Reuter MILAN: Share prices ended firmer in active trading yesterday as the market's tone remained positive after Monday's strong gains, dealers said. The MIB index, which rose nearly 2 per cent on Monday, climbed 0.68 per cent to 1.039 from 1.032. Secondary stocks, generally ignored on Monday,
        Reuter  -  1,643 words
      • Article
        Lock icon Stronger firm after merger,says Danisco head
        226 19 Reuter THE MERGER between food ingredients producer Danisco A/S and Denmark's biggest sugar and spirits makers will crsate a stronger, internationally more competitive firm, says Danisco chairman Erik Rasmussen. The new firm, which will also be called Danisco A/S. will have annual sales of
        Reuter  -  226 words
      • Article
        Lock icon Sale of RJR's European assets stirs interest
        513 19 Operations valued at between £800 m and £1 b Reuter AN AUCTION of RJR Nabisco's European snack and biscuit operations by the new owners Kohlberg Kravis Roberts is the best chance for food groups to bid for established brands in Europe. analysts say.
        Reuter  -  513 words
      • Article, Illustration
        Lock icon Wall Street bullish about IBM profits
        576 19 Reuter SHARES of International Business Machines Corp advanced on Tuesday in anticipation that the computer giant would report a strong gain in fourth-quarter earnings, industry analysts said. Wall Street expecta IBM's profit for the quarter to jump 10 to 18 per cent on an
        Reuter  -  576 words
      • Article, Illustration
        Lock icon Metsun continues talks on bid for GEC
        549 19 Reuter METSUN LTD, the firm putting together a consortium to buy UK conglomerate General Electric Co pic (GEC), is continuing its talks with several international companies on mounting the bid, reported to be worth £7 billion. "We are continuing talks," said Metsun spokesman
        Reuter  -  549 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      377 15 CURRENCY INVESTMENT AMERICAN EXPRESS ISWK TEL: 321 3333 THE AYER MOLEK RUBBER COMPANY BERHAD (Incorporated in Malaysia) NOTICE OF MEETING NOTICE IS HEREBY GIVEN That the Seventy-Fourth Annual General Meeting of the Company will be held at the registered office No. 22 (Upper floor of No. 20). Jalan Hang Jebat,
      377 words
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  • Page 18 Advertisements
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      438 18 NOTICES WHATT POH SOON FARMING CO. PTE LTD [In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVSN that pursuant to Seclon 306(1) of the Companies Act, Cap. 50, a Final Meeting of the members of he abovenamed Company *111 be held at 101 Upper 3ross Street, #06-10, People's
      438 words
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      Page 18 Advertisements Column 2
      169 18 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Tropiwood Services Pte Ltd of #06-00 Tung Ann Association Bldg 141 Cecil Street Singapore 0104 hereby give notice that In consequence of the change of Ownership. We have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant
      169 words
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      Page 18 Advertisements Column 3
      72 18 PRESUMED INNOCENT 4 Who killed Carolyn... whose body was found nude and bound in her fashionable apartment?... Was it rape and murder or a premeditated crime?... From page one, the lxx)k consciously transcends the murder mystery genre, combining whodunit suspense with an elegant style and philosophical voice) 77 ic New
      72 words
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      Page 18 Advertisements Column 4
      37 18 How to get to know people without even talking to them. Find out in SECRETS OF THE FACE A Coronet book Available at all good bookshops STP Distributors 2 Juronq Port Road Singapore 2261 Times Publishing Group
      37 words
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  • Article
    Lock icon Hun Sen to meet Thai leaders in Bangkok
    559 20 Major breakthrough in Cambodian peace efforts AFP A FLURRY of ministerial visits is in the offing as countries concerned with the Cambodian issue step up efforts to find a soluticn along with Indonesia, which is urging all parties involved to attend the
    AFP  -  559 words
  • Article
    Lock icon 'Sino-Viet talks likely to speed up normalisation of ties'
    332 20 AFP TALKS now underway in Beijing between China and Vietnam will likely help lead to normalised relations between the two countries more quickly than those between Beijing and the Soviet Union, a high-ranking Vietnamese diplomat said yesterday. Vietnamese First Deputy For-,
    AFP  -  332 words
  • Article
    Lock icon Asean to hear Siddhi's report on Hanoi visit
    291 20 AP FOREIGN MINISTERS of the six Asean nations are scheduled to meet in Brunei this week in another step in the quickening search for peace in Indochina. Saturday's gathering was called to hear Thai Foreign Minister Siddhi Savetsila report on his visit
    AP  -  291 words
  • Article
    Lock icon EC to probe alleged dumping of audio tapes
    172 20 AFP EUROPEAN Community investigators are to probe imports of audio cassettes from Japan, South Korea and Hongkong, after European manufacturers charged that the tapes are being dumped on the EC market, it was announced in Brussels yesterday. The move by the European
    AFP  -  172 words
  • Article, Illustration
    Lock icon Displaying Da Vinci's genius
    65 20 Reuter DESIGNER James Wink making a last-minute check on a full-scale model of Leonardo Da Vinci's famed flying machine on Monday before it went on public display at London's Hayward Gallery. Based on Da Vinci's original drawings, the flying machine took three months to conceive and
    Reuter  -  65 words
  • Article
    Lock icon Jakarta approves Credit Lyonnais joint venture
    175 20 AFP INDONESIA'S Finance Ministry has given the green light to French bank Credit Lyonnais to form a joint-venture bank with PT Bank Internasional Indonesia, a ministry official said yesterday. Credit Lyonnais, which has had a representative office in Jakarta since 1975, is the first
    AFP  -  175 words
  • Article
    Singapore to figure in NEC expansion plans
    236 20 NEC CORP plans to boost the value of its electronics output in Asia, excluding Japan, to Ssl.s billion a year within two years from the current $300 million. The company would set up an electronic switchboard plant in Bangkok due for completion by
    236 words
  • Article
    Lock icon Why British are reluctant to invest in M'sia
    216 20 Bernama BRITISH ENTREPRENEURS and companies are still reluctant to invest in Malaysia because of better terms offered by other countries in the region such as Thailand and Indonesia. The British High Commissioner to Malaysia, John Nicholas Teaqueu, said on Monday that Britons
    Bernama  -  216 words
  • Article
    Lock icon More to give views on NEP
    71 20 Bernama THE MEMBERSHIP of the Malaysian National Economic Consultative Council to be launched by Prime Minister Datuk Seri Or Mahathir Mohamad tomorrow will be increased from 138 to 150. Deputy Prime Minister Qhafar Baba said yesterday that this was because many groups had expressed
    Bernama  -  71 words
  • Article
    Lock icon Indonesia hopes to rely more on equity financing
    330 20 Reuter INDONESIA, whose once moribund stock market only recently leapt to life, expects to finance more of its development with equity instead of just bank borrowing, the country's senior economics minister said. "Indonesia is now poised to enter an exciting and dynamic
    Reuter  -  330 words
  • Article
    National Semicon to retrench 48 local staff
    279 20 COMPUTER chip-maker National Semiconductor will retrench 48 Singapore workers in the next two months as part of a worldwide programme to shed 2,000 employees. The retrenchment will affect managerial, technical and clerical staff at its two wholly-owned subsidiaries in Singapore. These are its
    279 words
  • Article
    Lock icon Presidents of South and North Korea may meet in 'not too distant future'
    426 20 Reuter UPI SOUTH KOREAN President Roh Tae-Woo, saying he saw Pyongyang's need to end long hostility with Seoul, predicted a summit meeting with his North Korean counterpart Kim 11-sung in the "not too distant future". Mr Roh's
    Reuter; UPI  -  426 words
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    Lock icon Comex gold
    83 20 Reuter COMEX GOLD FUTURES yesterday gave back early gains built on buying fanned by a weak dollar as the key traders feared that weakness in CBT grains could bring cross margin liquidation. The April gold delivery retreated to unchanged at US$4OB 40 an ounce after edging up to
    Reuter  -  83 words
  • LATE FILE
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      Lock icon India plans arms equipment sales
      46 20 AFP INDIA is considering exporting defence equipment to neighbouring countries and allowing its private sector into a government-controlled defence industry. Defence Secretary TN Seshan said that such exports would boost the defence industry by getting rid of any surplus equipment. AFP
      AFP  -  46 words
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      Lock icon Branching out to Vietnam
      42 20 AFP BANGKOK Bank is planning to reopen its branches in Ho Chi Minh City and in the Laotian capital of Vientiane after a settlement of the conflict in Cambodia, the bank's senior Vice-President. Boonyavat Assavarachin, said yesterday. AFP
      AFP  -  42 words
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      Lock icon China to relax forex controls
      35 20 AFP BEIJING is to relax exchange controls to give more powers to local authorities to borrow in foreign currencies and retain foreign currency earnings, a Hongkong newspaper reported yesterday. AFP
      AFP  -  35 words
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      Lock icon Veiled US warning to Sikhs
      67 20 UPI STEPHEN Solarz, chairman of the US House sub-commit-tee on Asia and the Pacific, yesterday gave a veiled warning in Amritsar to Sikh militants that Washington would take "stern action" against anyone working against India on US soil. Mr Solarz visited Amritsar's Golden Temple with
      UPI  -  67 words
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      Lock icon Kidnappers make ransom demand
      40 20 AFP AN UNKNOWN group calling itself the Revolutionary Socialist Brigade has demanded a ransom for missing former Belgian Prime Minister Paul Vanden Boeynants. The group has demanded between 20 million and 30 million Belgian francs. AFP
      AFP  -  40 words
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      Lock icon New rules on migrant workers
      42 20 NST PLANTATION owners in Malaysia employing Indonesian immigrants will have to deposit M$2SO per worker, sign security bonds with banks and comply with a series of strict regulations, Labour Ministry secretary-general Nik Mohamad Amin said yesterday. NST
      NST  -  42 words
    • Article
      Lock icon Marcos wealth hunter slain
      56 20 AFP AN official of a Philippine government agency in charge of recovering the alleged ill-gotten wealth of deposed President Ferdinand Marcos was shot dead in a daylight ambush in Manila yesterday. Retired Air Force Colonel Jesus Ronan was driving through an industrial suburb when he was
      AFP  -  56 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      76 20 Country Risk Report THAILAND Our latest 50 page report is an invaluable strategic planning tool that will help you to identify, evaluate and minimize medium-term business risks in Thailand. Available now at Ss2so per copy _To order or request for more information, contact Brace Gale at RISK CONSULTANCY PTE. LTD.
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      3 20 8m PAGE 11
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      116 20 The silver report was not available at press-time Q._U_ A LITY BEF O RE YOUR EY E S MM m u'-it WW <• It takes"! step to put it on. But over3oosteps to make it Rodenstock is the international name for professional eye care. Our de luxe eyewear products come
      116 words
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  • SHIPPING TIMES
    • Article
      Cosco to launch full box service next month
      363 21  -  By LILY FERNANDEZ CHINA Ocean Shipping Company (Cosco) is to launch a new service its Sino-Mediterra-nean run, the eighth such service by the Beijing-based company. The new service is in addition to Cosco's existing conventional Sino-Mediterranean run. It will be a monthly
      363 words
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      Thai Cabinet approves package to save TMNC
      427 21  -  By RICHARD NG THE Thai Cabinet has endorsed a package to bail out financially-ailing Thai Maritime Navigation Company (TMNC). Deputy government spokesman, Mr Likit Hongladaromp, in a reply to Deputy Transport and Communications Minister Anek Tabsuwan said the Cabinet has appointed a subcommittee
      427 words
    • PORT SIDES
      • Article
        Lock icon Saudi line will sail to Europe
        70 21 Reuter THE National Shipping Company of Saudi Arabia will start services to four ports in northern Europe in February, company officials said. The Riyadh based company, owned 29 per cent by the Saudi government, will ship goods between Saudi Arabia and France, Belgium, the
        Reuter  -  70 words
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        Lock icon Conference to raise rate
        83 21 Reuter THE conference freight rate tariff for trade between Brazil and UK-Eire range will be raised by 7 per cent from April 1, the Brazil/Europe/Brazil Conference said. The freight conference covering trade between Europe and the Far East has amended the CAF for two areas with
        Reuter  -  83 words
      • Article
        Lock icon Mitsui wins 2b yen cruise ship order
        69 21 Reuter MITSUI Engineering and Shipbuilding Co will build a two billion yen cruise ship for Tokai Kisen Co Ltd. The ship will be a semi-submerged catamaran, a design meant to resist vibration even in high waves. The catamaran can carry 420 passengers and
        Reuter  -  69 words
    • Article
      Lock icon Gambling cruise ships going full steam in US
      1183 22 A Sunday voyage which lasts a little more than seven hours is typical of a new kind of cruise in the US. Instead of sightseeing, passengers spend their time playing roulette or cranked one-arm bandits. But can this type of cruise operations
      NYT  -  1,183 words
    • Article
      INDEX TO ADVERTISERS
      1023 22 AB SKpg V ABSS UM XI abss Shoe n ABC Containar a Accord Shpg vt Ahrankial Unar X Alltrons IV AC Toaptar n Amarican Tpt X A«o Sannca IV 2/3 Arrow law IX Alion Ocaon XI Anoc Corrioga XI AMI 1 1/2 AfC Um V Aft 2/3
      1,023 words
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      Lock icon Finland to subsidise ailing shipbuilding industry
      325 23 Government rejects equity stake offer FT THE FINNISH government has promised subsidies of "more than 10 per cent" to the country's ailing shipbuilding industry which plans to merge all three existing companies into one group. However, it has refused an invitation by the companies,
      FT  -  325 words
    • Article
      Lock icon CNP orders three ships from Korea
      105 23 AFP CZECHOSLOVAK maritime shipping firm CNP has ordered three 64,000-ton freighters of the bulk carrier type from South Korea, the Czechoslovak press reported. The ships, each of which is to cost around US$25 million, will be designed tor carrying friable cargoes and will be
      AFP  -  105 words
    • Article
      More deficiencies found on ships calling at Australia
      357 23  -  By JOHN SPIERS MORE deficiencies have been found in port state control inspections of ships visiting Australia than in comparable inspections by the maritime authorities of 14 European countries, according to Australian officials. A total of 2,717 deficiencies were found in the
      357 words
    • Article
      WÈKLY FREIGHTS
      848 23 THE world freight market was in confident mood over the past week on steady demand and Chinese grain purchasing. Time-charter activity took over the running later in the week. The Baltic International Freight Futures Exchange (Biffex) index moved easily over the 1,600 mark early on for the first
      848 words
    • Article
      LONDON FREIGHTS
      1249 28 The dry cargo freight market began the week fairly slowly on Monday with only scattered sirvgle voyage business reported, although time-charter activity remained steady, brokers said. Grain freight demand was light, but two 20,000 long ton cargoes were covered from the US Gulf to east coast Mexico at
      1,249 words
    • Article
      SHIPPING LIST where your ships ore due...and when
      8359 28 MUM Palambeng. D|eoagetrl. Jen WIS Pilar PtO Container* Jan It Oaaka Bay. Hapeg-Lloyd. Jan 19 VIM* Oa Jupiter CMA. Jan 21 Ming Prominence. Yang Ming Una. Jan 21 Anal U Meerak Llna. Jan 21 Kutal. Otaaagobl. Jan K/Jt Luna M. Maarak Llna.
      8,359 words
    • Article
      SHIPS IN PORT
      1120 28 AT CONVENTIONAL WHARVES VmmI Berth Arrival Deperturi KEPPEL WHARVES A<fto Adirofo K20 olongside 18 01/1100 N>r« Gl KI9 olongside 18.01/1300 ArturGroW K16 olongside 1901/2300 Borber Noro C09 olongside 1801/2300 Dongguong K38 alongside 3001/2300 fnedri K35 alongs«Je 1801/2300 Gold Stream K27 oioogvO* 1? 01/1800 Huang long IQI alongside
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      793 21 -\V ST* m so TIMES STP Distributors wc Dedicated to Qi\c\\Wy Service JARDINE SNIPPING AGENCIES (NEW CR NO IS &42K*****C) 200 Cantonment Road #12-06 Southpowt, Singapore 0208 Id *****11 TELEX NO RS ***** TERMINALS Tel *****11 220 BOOKINGS Tel *****34 23S PESAKA JARDINE SNIPPING AGENCIES SON BHO PORT KELANG TEL:
      793 words
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      Page 21 Advertisements Column 2
      108 21 msm A SUNDAY voyage of L» Mistral, which lasted a little more than seven hours, was typical of a new kind of cruise off the Texas coast. Instead of visiting a Mexican or Caribbean port for sightseeing, Lq Mistrali 175 passengers spent the afternoon steaming in circles as they played
      108 words
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      892 21 vv*' > TIMES STP Distributors MAERSK LINE Th*» OMt LMI M Cloelng Tint* CY 24/1 0700 MRS ff»-an 2too mrs LEDA M 8002 24/1 UCA M 8002 31/1 MARIT M 8002 MARCHEN M 8004 14/2 MARQRETME M 8002 21/2 LOUIS M 8004 LEISE M 8004 7/3 LARS M 8004 ,4/3
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  • Page 22 Advertisements
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      643 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT PILAR OSAKA BAY TOLAGA BAY NIPPONICA HONGKONG EXPRESS PROSPER CITY OF EDINBURGH ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG, MALMO, HELSINKI, OSLO. AMSTEROAM, CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG BREMERHAVEN ROAM/ ANTWERP LE HAVRE
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      18 22 Lines and services represented by /yjß Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association
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      Page 22 Advertisements Column 3
      449 22 POLISH OCEAN LINES fij Agents Optorg Shipping Pte Ltd S.ripoore Tel *****44 "P Kelang 368'00'. 2 Te'ei RS ri'Si Pe'aimg jj»j 7j62Wi ■'57S^CJ Fji 22SS6S1 Penjng *****5 Vessel/VOY AGE NOU AUK LYN VILA A. CR6TTGER/27 1/12 11/12 14/12 23/12 I. RUMINSKI/24 1/01 5/01 EXPORTS DIRECT CONTAINERISED SERVICE TO CANARY ISLANDS
      449 words
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      1173 23 The Straits Steamship Group P&O Containers CONTAINER SERVICE TO UK/CONTINENT: CONTAINERSHIP SERVICES TO/FROM BANGKOK PI CASUS PIONEER PEGASUS PROGRESS SPO«E In Pt/19 Jm 23-24 )M BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 CONTAINERSHIP SERVICE FROM UK/CONTINENT: STRAITS HOPE VO2E Sinn. ID, Taw KRIS MELELA Vtt3ES.bu.Kudi STRAITS PRIM MK Skan, Tm
      1,173 words
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      Page 23 Advertisements Column 2
      646 23 S7 C SAV Corrporvj Scd Amcr cjrj dc V'jpcres S A C"> '"J" Lint ■i 777 I i L FEEDER SPORE RBTHCR VESSU MK TOKO Ml ma csav i n/i a vessel isn ip CSAV 2 *2 CAR CARRIER 2 1* CSAV 3 W I VESSEL 2Sff 11(1 CARGO FOR
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      225 24 HIS I NOSE El MARITIME PTE LTD ISLAMIC REPUBLIC OP IRAN SHIPPING LINKS IRANIAN SERVICE IRAN MEELAD V «2 Singapore Loading for:ETA 27/1 BANDAR ABBAS TT*owa\ KYOWA LINE MOTHER VSL KYOWA VIOLET V 23 KYOWA HIBISCUS V 35 LOAO FOR: VILA, NMA. LTK. SUVA, PAGO, APIA VILA, NMA. LTK. SUVA.
      225 words
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      Page 24 Advertisements Column 2
      914 24 HANJIN SHIPPING CO., LTD. FL'I l V CONTAINERISED SERVICE OUTBOUND SERVICE TO U.S.A./CANADA I CHOTANC SUCCESS 1* HANJIN ROTTERDAM 1W KOREAN JACEJIN 4m QUEEN S WAY BRIDGE 7W L*Mm* R'dan H'kurf B'h»««n Film 1/2 *2 m 12/2 13/2 tin nn mi va 1/3 *3 HW 12/3 13/3 22/3 23/3 24/3
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      Page 24 Advertisements Column 3
      130 24 SUSAN CLOUT VTO MALAYSIA CLOUT VMI HAI TINC WIIN SJNCAPOf CLOUT VWI F«i 2 F* f* f*k 14 F«b ISU SINGAPORE Loading FOR A VESSEL 20 JAN INCHON. BUSAI WORLDWIDE PACIFIC MARITIME (PTE) LTD TEL *****11 (S Lm») KONTENA NASIOMAL SOW BHD TEL P KELANC («3)XV47S PNC(W)tI7II4 tnttttw- THE PAN-ISLAMIC
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      Page 24 Advertisements Column 4
      691 24 anirrtiiu umw, weanesaay, January 10, ivtnt ra EVERGREEN FuH Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP HK6 KSC KLC PUS OSK TTO CMS *AI avr EVER GENIUS WZWMMMVIM EVER CI ANT 7%« i 31 CI 01CU 030J OMB w£ EVER GENTRY Ml mm SMC ;MC AV MB Z *2 EVER
      691 words
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      613 25 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 •Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE ACCEPTING MURURAN/TOMAKOM Al/HTTACHI CARGO VIA HKQ JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE BANGKOK CONTAINER SERVICE BELAWAN/STRAITS CONTAINER SERVICE VESSEL SEA GLORY SIRI BHUM JARU BHUM HAi MW PIYA BHUM JENUNK VOY 23N
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      Page 25 Advertisements Column 2
      270 25 CHINA OCEAN SHIPPING COMPANY KK PCD P.KIg Ptn 2*/ l RotttrA»m:Antwtrp Ptrung nig Sport Bkk Hk« S'hai Qingdao SHAM CHENG K 23/1 17/1 24/1 27/1 1/2 7/2 YANG FANG KOU V 27/1 21/1 2/2 *2 14/2 Accepting FCI Cargo tar all othor Chinost ports all inland citm in Guangdong PKIg
      270 words
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      Page 25 Advertisements Column 3
      536 25 CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT NA« IHAVIN R-OMI MUM STON IP KLANC SPOKt I FOR IMM SA.M Ufl W1 22/1 Nateill irx an an w an an Hurmm In 2*l ST. 2VI V 2 ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN
      536 words
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      Page 25 Advertisements Column 4
      406 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD PXSAMUDERA INDONESIA P.T. TDIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EOROPE VSI/VOY KUTAI/16WB S. PANJANG/21WB ANTWERP H'BURG/ ROAM/ADAM BREMEN 28/2 3/3 2*3 1/4 Subject lo Inducement. Also accepting cargo to CiHblinci, •J-SO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO
      406 words
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      Page 25 Advertisements Column 5
      397 25 BOUSTEAD SHIPPING AGENCIES LASH 10 VlO3 PA-AN VI34W PAGAN VI37W HTONEYWA VMM BURMA FIVE STAR SHIPPING COBPOBATIIIN (Burmese National Line) Loading for Rangoon P.Kelang Penang Banfkol 14/14 Jan Vm Jan E* BANK LINE IVY BANK V23N 2S/1 23/2 2/3 27/2 assaajM«" 9* ft MORAYBANK V7N 4/3 2/4 S/4 6/4 S^l-CQNTAINfP^PW'rr
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  • Page 26 Advertisements
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      858 26 U1 KAWASAKI KISKN KAISHA. LTD. K LINE EXPORT TTTIT^WTV a IMPORT KOREAN JACEWON SEVEN SEAS BRIDGE KOREAN CHANCE HUMBER BRIDGE •Vii Ft«* •> V*v NEPTUNE RUBY ACE CONCORD CHINA CONTAINER NEPTUNE TOPAZ •via fuotr KOREAN JACEJIN 46E KOREAN JACEWON 66E SEVEN SEAS BRIDGE 69E QUEENSWAY BRIDGE (E •Via fmtm SSI
      858 words
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      Page 26 Advertisements Column 2
      425 26 Six AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers TULSIOAS 39 KALIDAS Ml TULSIOAS ¥.40 KALIDAS *.42 S.npport CKMni Penang Loedmg lor Mother Vsi By f—d* By Feeder 4FA 21 Jan 2> ian FremyMeti/SydnrAdel 4Mw X F*b X F«b Frem/tMb/Sydn/Adei 4 Apr 21 Mar a Mar Frem/MelbfSydn/Adel 41% X Apr X
      425 words
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      Page 26 Advertisements Column 3
      564 26 GOLDEN LINE GIMN GUAN SHIPPING (PIE) LTD 23. Tctot StrMt MN6APOPI 0104 Til U4IW (10 LINIS) fa. U4SO4 STRAITS/PERSIAN GULF SERVICE: S>« GOLOCM BUM Cotomtx* K*ac*i Oubai I*3o Jan OOl(XN H*RVtST Karadu Oubnfßatirjin 21/2» Jan CHINA SCITVICC A VtSSll Nuangpu/ Shanfhai 2*21 Jan DAI TUN SHAN Qmfteo 2*21 Jan PKelanj
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      Page 26 Advertisements Column 4
      440 26 pHiuonifNT iiNfs pre lto HEAO OWCE 63 ROBINSON ROAD 07-12 AFRO ASIA BUILDING SINGAPORE 01C5 TELEX RS ***** PHiLI FA* *****76 EAST/FAi EAST Fd ft LCI SBtVKE ETA SINGAPORE w. m on. ma. oubai. mgmm, kukait. 7/2. 11/2 DONA. MUSCAT, BAHRAIN ABU DHABI A SMARJAM f«P 21/1. 27/1. »,i NEW
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      655 27 NEPTUNE AGENCES PTE. LTD Bookings FE EU/AuST NEPTUNE ORIENT LINES LTD K Lumpur Ptntna *****33 &J003? am tarn am EXPORT IMPORT FEEDER VSL N. Ivory 06N N. Jasper 66N N Ivory 06N N Jasper UN HOU NYE 16/2 18/2 22/2 25/2 T/3 4/3 8/3 11/3 MOTHER VSL O. Explorer 46W
      655 words
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      Page 27 Advertisements Column 2
      255 27 Vettel's Nam ETD BS SPORE PKLG KEC BUSAN MO JI NO I DON AM/901 N 04/81 In Port 19-20/01 21-2*ol 31/01-tt/K 31/11 •ORAGNET/901N 11/12 30-3001 2S-29/01 14 15/02 15*2 #MO DON AM/401 2SOI 15-17/02 11 12AJ2 W-24/02 21/02 tGLORIA/WIN 24/01 OS-OS/ 2 07-OW2 lt-lf/K 22 24/02 23/K MO JI container
      255 words
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      Page 27 Advertisements Column 3
      151 27 CONTAINER LINE. INC NEW SERVICE AUSTRALIA/NEW ZEALAND SYDNEY/MELBOURNE 21 FKMANTLE 2 AUCKLAND. WELLINGTON 01 N.PLYMOUTH. CCHURCH SPOR£AGE.\T JE CONTAINER LINE (S) PTE LTD TEL. *****59 (20 LINES) FAX: *****63 RKLGAOEXT JE CONTAINER LINE (M) SDN BHD TEI: (03 *****00 1 (8 LINES) INDIA Conventional/ LCL/FCL Service To COLOMBO, KARACHI, CHITTAGONG,
      151 words
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      Page 27 Advertisements Column 4
      713 27 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P KELANC MESSRS HAI THONG SKIPPING 127 Penanf Street. Penant MaU»su M/S HANDLING SYSTEM CO SON BHO
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      288 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 lines) FAX *****39/*****/6 THEX RS ***** A/B SSCMA. RS ***** A/B SSCAO r DSR-LIMES VEB DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE "YIA IARNACA: ACCEPTING CARGO FOR LIMASSOU BEIRUT, LATTAMIA, AtiXANORIA.
      288 words
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      Page 28 Advertisements Column 2
      86 28 K, LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN ft JAPAN H€»WS Act«; HERMC* AC! VII MtWS ACE VU OIEI3IB3IK3BCSBCiHiCBB3I oim gg QI ggmg m op FROM JAPAN TAIWAN Ql i p jWABUMI VU |3g|4g|Vl M »7 |»M |Mfl |w |uflI AGEHC |es (S) PTE LTD TEL: 225WM
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      147 28 > immmM Regional Weather Ki >* n 4 .V ES WA 1 K S! 3 •LIS SIGNIFICANT WEATHER AND SEA CONDITIONS R Thunderstorm Temperature c XS. A Weother —Y Wind direction with speed m knots Ran Cloudy Sky Wo., he^ht Woc« »m4i Of* by errowi wKtcK fly witk tfce wind
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  • Page 29 Advertisements
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      508 29 A Mfargo shipping Tel: 284 QISS "p REGULAR EXPRESS FCL& LCL SERVICE DESTINATION BANGKOK PORT KELANG, PENANG (FCL) HONG KONG KEELUNG, KAOHSIUNG JAKARTA (FCL) TOKYO. KOBE. BUSAN (FCL) KARACHI. BOMBAY. COLOMBO (FCL) ETA SINGAPORE JARU BHUM UH I PIYA BHUM 162N 2 SIRI BHUM 397N 2 BUNGA BUTANG 516 3
      508 words
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      Page 29 Advertisements Column 2
      446 29 fi§? RICHFIELD MARINE AGENCIES (S) PTE LTD Vf- tin I ffl TEL *****33 ('0 Line*) FAX *****15 TELEX RS ***** RISHIP (3 Lines) (Nnhoftrf ttf* Of C&WP*} ACCEPTING FCL ANO CONVENTIONAL PtN/P*« ETA SPOHC LOADING FOH M/V JunwtA MVS D*HtSSAIAAJH MOMAAAA. DJIBOUTI VOY 'WS ASSAB MA33AWA. HOOCDAH M/V ABSAT WO*2
      446 words
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      Page 29 Advertisements Column 3
      572 29 Tatsumi Marine I DIRECT BAHJNG TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports subfect to inducement (also accepting transhipment cargo OROBAY MADANG, KIETA. WEWAK KIM BE RABUAL via LAE) S'POftE: NEPTUNE AGENCIES PTE. LTD Tel: *****77, *****34, *****71 RCt. OFFICE: TN MARINE SERVICES PTL LTD. (STORE) TEL:
      572 words
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      Page 29 Advertisements Column 4
      194 29 < C FS> CRYSTAL Tal: 224T5M Tit 43M1 CFIHI FAX ««I7M 24/1/89 26/1/89 21/1/89 21/1/89 28/1/89 22/1/89 25/1/89 23/1/89 21/1/89 21/1/89 22/1/89 22/1/89 26/1/89 21/1/89 26/1/89 21/1/89 TORONTO/VANCOUVER LOS ANGELES/NEW YORK ROTTERDAM/HAMBURG FELIXSTOWE/LONDON SYDNEY/MELBOURNE FREMANTLE P. MORESBY/ LAE/ RABUAL COLOMBO HONGKONG/CHINA BANGKOK KEELUNG/KAOSHIUNG MANILA BUSAN P. KELANG/PENANG TOKYO/YOKOHAMA JAKARTA BOOKING:
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      Page 29 Advertisements Column 5
      211 29 4> UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 '<cinan 3IJ mil ojjjf j—J j n tik—t j ■*--»y-m/ Algerian National Line S PORE LOADING FOR MV BISKRA 2VI ALGIERS, ORAM, ANNABA, TUMIS MV BEL ABBES 3tfl japan ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heavy
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      Page 30 Advertisements Column 1
      637 30 m FINE-LINER SHIPPING PTE LTD /U Shenton Wiy (M 02C Mirina House S pore 070? TEL *****77 (8 Lines) TLX RS ***** FLINER FAX *****56 EUROPE SERVICE (FCL LCL) FAR EAST SERVICE (FCL LCL) X "8 IJ! \JS jn iw iw m Si «i MIDDLE EAST SERVICE (FCL LCL) stom
      637 words
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      Page 30 Advertisements Column 2
      659 30 ZIM FULL CONTAINER SERVICE accepting FCL/LCL cjrgoet to USA till 4 Nett Coast. Cjrribbein.List Canjdj. HAITI Costa Rica, El Salvador. Guatemala. Honduras. VtnuMla. Peru. Ecuador. Colombia via Miami. Trinidad. Barbados. Antigua. St. Lucia. Montserrat. Guayana via Kingston |T? T Ti~ T rTZDBIIgP .na.'.WTa'T agaa AUSTRALIA CONTAINER SERVICE ACCEPTING CARGO TO
      659 words
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      Page 30 Advertisements Column 3
      393 30 S9SSS LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LAOING TO FINAL DESTINATION. MURRArEVERETT ThOMASEVERETT HUGHEVERETT Panant* P. Kalanf* Singapora r 21/23 lan 23/24 Jan Vt Fab 'EVERETT ORIENT LINE' JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA. KOBE. NAGOYA,
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      341 31 Seabrfdgfe rrurnucuTii i iucq INTERCONTINENTAL UNES H2EE3I A. NETO V23-88W I 12.« K. ME2ENTSEV VOl-89WI 22,2 89 DESTINATIONS EEZ2I A NETO VZ3-88W K MEZENTSEV VOl-89W HUNGARY. POLAND, ROMANIA. ISTANBUL. E. BERLIN BULGARIA. AUSTRIA. YUGO, CZECH, PIRAEUS ft ALL INLAND PORTS SEABRIQGE EUROPE SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT
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      253 31 Consolidation Service PAPUA NEW GUINEA SIN: 23/1 PT MORESBY/LAE PACIFIC ISLANDS SIN: 27/1 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLANDS SIN: 19/1, 28/1 PORT LOUIS/REUNION TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ BANGUI/KINSHASA TTA Freight Pte Ltd Tel: *****55 TLX RS ***** 523 ABSS LINE PENANG
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      529 31 SING KWANG HANG SHAPING TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE DESTINATIONS ETA SINGAPORE PORT KELANG 21 JAN MANILA 22 JAN HONG KONG. ALL CHINA PORTS 20 JAN KEELUNG. KAOHSIUNG 24 JAN BUSAN 29 JAN TOKYO. KOBE 29 JAN CHITTAGONG 22 JAN DUBAI 30 JAN SYDNEY. MELBOURNE 22 JAN BRISBANE. ADELAIDE
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      Page 31 Advertisements Column 4
      622 31 GLORY NAVIGATION GROUP BESULAB LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' GLORY SELATAN V Voy 103 K. 27 GLORY SCLATAN IX Voy M 21/1 GLORY SCLATAN VII Voy *S 24/1 PKL PN BLW KAON IN PT 21/1 6 VESSELS OF LOG CARRIERS 5
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      Page 31 Advertisements Column 5
      486 31 PTC CONTAINER LINES FCI/ICL SERVICE PTC GOOUP SIN FAR EAST 24/1 KEELUNG/KAOHSIUNG 20/1 BANGKOK 22/1 MANILA 21/1 JAKARTA 21/1 PORT KELANG/PENANG 26/1 BUSAN 24/1 TOKYO/YOKO/KOBE 21/1 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIM EUROPE/UK 20/1 RDM/HAM/ANT/LE HAVRE/GENOA 20/1 LDN/FLX/LVP/SOU SIN USA/CANADA 22/1 L.A./NYC/SFO 25/1 VANCOUVER/TORONTO/MONTREAL SIN AUSTRALIA/NEW 22/1
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      424 32 11l Hai Sun Hup Co (Pte) J X r EL *****06 (20 Lines, TLX RS ***** &RS ft. I VSIIRN CAR 1 l\[ R 1 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0& HEAVY LIFT! Hong Kong Yokohama Nagoya Osaka Senboku Nizujhima •For Discharging Only NOT r/iX C ALL,NG OTHER JAPANESE
      424 words
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      Page 32 Advertisements Column 2
      638 32 "ja>CHO YANG LINE EXPRESS FAR EAST/EUROPE FULLY CONTAINERISED SERVICE WESTBOUND LH rom HAM CHOYANG SUCCESS IW 21/1 «/2 W W HANJIN ROTTERDAM IW 4/2 22/2 23/2 M/ 2 KOREAN JACEJIN 47W 11/2 1/3 S/3 l#/3 QUEENSWAY BRIDGE 7W 4/3 22/3 23/3 24/3 Alto accepting for Inland UK dwlinatiofu Antwp and
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      Page 32 Advertisements Column 3
      320 32 PULI P.T. MASKAPAI PELAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEOER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 VOY SIN 99S 20/1 22S 24/1 100S
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      Page 32 Advertisements Column 4
      715 32 onirrirNii times, Wednesday, January i», ia«y /M 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 TO EUROPE H o€Lf 7 rrn TP BUTANC U) a. BUTANC sn N DUMA
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