The Business Times, 26 January 1989
1989-01-26
1
46
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The Business Times
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Title Section11 1989-01-26 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, JANUARY 26, 1989 75 CENTS11 words
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Article260 1989-01-26 1 Dow up WALL STREET share prices moved to higher ground in early trading yesterday, as spillover enthusiasm from Tuesday's big run-up advanced stocks. Firm bond prices and a strong dollar also contributed to the rise. Analysts expect stocks to continue on their upward trend. The Dow roee260 words
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Article, Illustration283 1989-01-26 1 WALL STREET'S 38-point overnight gain to a new poet-crash high gave the impetus for rises in most regional markets yesterday. In Singapore, brokers said the market's strong showing was also due to leada from Tokyo and London and to investor confidence on283 words
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Article123 1989-01-26 1 THE US DOLLAR closed little changed against major currencies in Asia's foreign exchanges yesterday after moving within a tight range. Most interbank dealers concentrated on taking quick profits due to the prevailing uncertainty over the greenback's direction. Dealers said the topside was limited to 127.65123 words
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Article, Illustration651 1989-01-26 1 FOO CHOY PENG - HKs3.3sb bid by Sino Land-Sun Hung Kai company By FOO CHOY PENG Hongkong Correspondent A JOINT VENTURE company linked to Singapore's property magnate Ng Teng Fong yeeterday successfully bid for a prime commercial site in a closelywatched land auction that attracted an unusual651 words
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507 1989-01-26 1 MARTIN SOONG - By MARTIN SOONG PARLIAMENT yesterday passed amendments to the Constitution and Internal Security Act which reaffirm that the Executive branch of the government has absolute power and discretion in dealing with subversion. The legislation, which passed its second and third readinga in an extended507 words
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Article106 1989-01-26 1 UPI MALAYSIAN Prime Minister Dstuk Seri Dr Mahathir Mohamad waa making "good progress" yesterday day following a coronary bypass operation, a hosp'tsl spokesman said. "He is now able to ait up and is being allowed a fluid diet" aaid Dr CQA Fonaeka, director of the KualaUPI - 106 words
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526 1989-01-26 1 AFP/Reuter JAPANESE Prime Minister Noboru Takeshita yesterday rejected opposition demands for his Cabinet's resignation after three ministers resigned over the Recruit stock scandal in only two months. The affair, involving payments and contributions to senior political figures from the Recruit group ofAFP/Reuter - 526 words
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Article, Illustration263 1989-01-26 1 VETERAN civil servant Hentfari Ronald Hochstedt hat baan appointed chairman and execuQvq director of Inno-Paciflc Hokllngs Ltd, formerly known as Kentucky Fried Chicken (S) Ltd. With effect from February 1, Mr Hochetadt replaces Incumbent chairman Detuk Or Mokhzani bin Abdul Rahlm who remains a director263 words
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Page 1 Advertisements
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Advertisement64 1989-01-26 1 A. fßurberrys' 1o• u 5 < Reigns when it pours I £wvvv*vvY>r)ryVYVvvv~vvYv*YVvyv*\ I Start off on a right note in the morning. Use Braun micron foil shavers: recognised worldwide as a measure of quality and good design. Use with or without cord 1 hour quick charge Charge from your car64 words
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Advertisement225 1989-01-26 1 ~_:\`,%~;>,|{)+},$[{>?==]{!"~!/ mmmi lIINIkaR Dl/fIM &N iTJ Mora Reports, PAQE 2 mm mm US economy 5 Editorial Comment 14 Greenspan voices inflation fears Kia su ghosts at Changi Futurellnk 7 Contesting Manila closure order Pacific Islands 15 Struggling to adjust to alien world Advertising ft Marketing 10 One Man's View 15225 words
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Advertisement158 1989-01-26 1 1 aßTspecial A SPECIAL PULLOUT on Singapore's insurance industry comes free with today's issue of Business Times. The 12-page maiden supplement discusses the whole spectrum of the insurance needs of an individual or a company. Make sure you get your copy. Also, an exclusive interview with Insurance Commissioner Law Song158 words
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Advertisement8 1989-01-26 1 BALLY <>! Switzerland THAMES SG Parrett Son >Pip Ltd8 words
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YESTERDAY IN PARLIAMENT
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Article, Illustration763 1989-01-26 2 ANNA TEO MARTIN SOONG, SHOEB KAQDA - Reports by ANNA TEO MARTIN SOONG, SHOEB KAQDA JUDICIAL REVIEW cannot be the answer to possible abuse of powers under the Internal Security Act. The government is therefore looking into the setting up of a separate political body aa a check on763 words
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398 1989-01-26 2 SOLE ELECTED opposition MP Chiam See Tong said he was willing to put his MP's seat up as collateral if the government weuld take the risk of releasing political detainee Chia Thye Poh immediately and unconditionally. the Internal Security Act (Amendment) Bill, Mr398 words
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Article, Illustration512 1989-01-26 2 NON-CONSTITUENCY Member of Parliament Dr Lee Stew Choh likened yesterday to the day advancing Japanese forces walked into Singapore on Feb 15, 1942. Speaking out against the Internal Security (Amendment) Bill, he said that future historians would regard it as512 words
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Article83 1989-01-26 2 A NEW government polyclinic in Woodlands Now Town will be finished by mid-1991, said Acting Health Minister Yeo Cheow Tong. In reply to a question for oral answer from Bukit Panjang MP Lee Yiok Seng. Mr Yeo, the Hong Kah MP, confirmed that the Health Ministry83 words
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Article696 1989-01-26 2 Seminars and Wm i Courses V/ CAHNERS EXPOSITION GROUP Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66y Dot* Jon 26 -27 •89 Event Effective Telemarketing Venue Royal Hotel Organiser MMS Consultancy (Asia) Pte ltd PHene no *****33 Jon 27 and 2B Jan 27 Jan 2B Understanding and Penetrating696 words
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Page 2 Advertisements
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Advertisement38 1989-01-26 2 FAVRE LEUBA wm Model Generation (Automatic) RrpatTtd Jrugn m&B- ■•"V ■ragfis ■y'm. ration to Generation siAce 1 737. MONMMor: \7- <tWAf7/7, "TMUM" BS v. ore 2057 Te<: *****88 «pore lo24Te< *****47 <*aiers >a& 4 UwMgBSK "VfV i/; r3MBNHHI38 words
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Advertisement6 1989-01-26 2 Keep your investment decisions on target6 words
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HOME NEWS
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Article, Illustration374 1989-01-26 3 TAN KEE WEE - By TAN KEE WEE MOST OF the tenants of the Forum Galleria shopping centre are expecting changes to the terms of their tenancy that would see them paying twice as much in rental but that would no longer require them to give their landlord374 words
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Article, Illustration472 1989-01-26 3 LEE HAN SHIH - By LEE HAN SHIH I, Property Correspondent THE REDIFFUSION BUILDING, a landmark in Clemenceau Avenue to two generations of Singaporeans, has been put up for sale. The owner, Rediffusion Singapore, has appointed property consultant Richard Ellis to sell it for around472 words
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237 1989-01-26 3 A DISTRICT COURT postponed the trial of lawyer Francis Seow on an income tax charge for the fifth time yesterday and warned that if he again failed to turn up for no good reason, the trial might go on without him on237 words
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482 1989-01-26 3 WILLIAM CHIA - By WILLIAM CHIA JUSTICE Punch Coomaraswsmy has given his written grounds for dismissing an appeal against Tat Lee Finance in a case involving former Asia Commercial Bank vice-chairman Tan Kim Chua and a company called Superman Enterpriaes (Superman). In his written judgement on482 words
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315 1989-01-26 3 ENCOURAGED by the results of a recent trade mission to Japan, the Trade Development Board is to organise two more missions this year to promote Singapore as a major gem trading centre in the Far East. Plans for the two trips315 words
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284 1989-01-26 3 MORE trained personnel is needed in East Asian countries to measure fully the impact of land-based pollution on the marine environment said Dr Ahmad Matter yesterday Such pollution includea the indiscriminate use of chemicals in agriculture and industriee, for example, pesticides and chemical fertilisers, he284 words
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Article77 1989-01-26 3 ROTARY INTERNATIONAL, the premier service club of successful men around the world, yesterday voted to end 84 years of sexual exclusivity. Rotary's legislative council, which met in Singapore, passed an amendment to allow some 24,000 clubs to admit women as full members. The club has77 words
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140 1989-01-26 3 SINGAPORE walked away with the Best Port in Asia title for the second year running at the recent 1969 Asian Freight Industry swsrds. According to s Port of Singapore Authority statement yesterday, the Republic alao retained its crown as the Beet Terminal Operation (Seaport),140 words
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Page 3 Advertisements
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Advertisement60 1989-01-26 3 wkbm STOCK CLEARANCE 700 pieces Classic Waterman Pens (France) 18K gold fountain pens, ball pens, designs include shell ivory, black, brown and sterling silver priced from $5.00 to $80.00. Hurry to avoid dissappointment. From 9am spm. DOMINION X/ HICOWOMTIM XX VICTOR A MORRIS MCTwatias. unuaai *«am m iti 60 Cecil60 words
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Advertisement44 1989-01-26 3 TEONQUES DA/INT-GdRDE SWISS MADE m v**"KG mm SINCE 1860 i The watch made fow those whose targets aren't always found on sales charts y 4 t SOLE AGENT WELL-TIME j SINGAPORE PTE LTD >*A ./J "-.-M&kife iMim. ."I\* f" '.••'Kfo > -'ViV 4t T 'aom^ol44 words
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ASIA-PACIFIC
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592 1989-01-26 4 AP Cox THE JAPANESE CABINET adopted a new budget on Tuesday that makes Japan the world's top provider of foreign aid, increases the nation's defence spending and booeta its share of the cost of keeping US troops in Japan. The total budget raises governmentAP; Cox - 592 words
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308 1989-01-26 4 Reuter THE JAPANESE ECONOMY will maintain a steady growth pace in the year starting April 1. 1888, with only limited inflation worries, Michiya Matsukawa, chairman of the Institute of the Nikko Research Center, said. He forecast on Tuesday that the Japanese economyReuter - 308 words
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339 1989-01-26 4 UPI THE BUSH ADMINISTRATION has narrowed the search for a new US ambassador to Japan to four men, US officials said. A final selection is sxpected later this week so that the Senate confirmation can be completed before the FebUPI - 339 words
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351 1989-01-26 4 Bernama MALAYSIA earned an estimated MSI9.S2 billion last year from the exports of seven primary commodities, representing a substantial increase of M 52.66 billion over 1967's export earnings of MS 16.86 billion, Primary Industriee Minister Datuk Or Lim Keng Yaik said onBernama - 351 words
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265 1989-01-26 4 AFP PAKISTANI Prime Minieter Benazir Bhutto said her country was looking at plans to rejoin the Commonwealth and would make an application soon. She said on Tuesday that she hoped India would not veto the move this time. Ms Bhutto told journalists at herAFP - 265 words
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Page 4 Advertisements
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Advertisement216 1989-01-26 4 PEUGEOT 405 I THE CAR OF THE YEAR 1988 IS NOW ALSO THE BEST IMPORTED CAR OF THE YEAR, U.SA I r EUROPEAN CAR OF THE V > s. X Vl A A ADVANCE AUTOMOBILE (PTE) LTD 1 2H' Ae» i" i Hoarl *•> n J,K m RS SINGH 4rS-5829216 words
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Page 4 Miscellaneous
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Miscellaneous82 1989-01-26 4 Doonesbury OKAY, BOOPS/E, IF JUST prop v-e RO&e, U&UsBOO&t! WELL... OKAY... M I wn 111. o ■He ujell,yes,inaivay. SOME- I6U&SIPONTF&L THING COMFORTABIBYET. I mON6, FEEL UK3 I'M PO2N6 KIP* FOR*PENTHOUSE". WZt BY GARRY TRUDEAU HONEY, I CAN ASSURE YOU, THERE'S A WORLP OF DIFFERENCE- Beiueex "Fmwuse'/wp 'sports nwsrmW! justreLAX ANP...600P,..82 words
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Miscellaneous72 1989-01-26 4 Singapore OUTLOOK: tkomra WW OOeOfSl (NM hi ftaport for 24 h«m prtar ,ta 730pw Jo* 25 Montreal 06-13 <tocw> -3/-9 Nomoh 24/15 New (MM 21/06 Now York 03-05 Nteorio 17/04 Orie 01/01 Pa* 00/00 Per* 23/19 Bo 'Janeiro 35/21 Room 13-01 San PrVoo 12/04 San Juan 29/21 SanNogo 32/14 Sao72 words
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REST OF THE WORLD
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351 1989-01-26 5 AFP CHANCELLOR of the Exchequer Nigel Lawson's policy of keeping intereet rates high has cooled overheating in Britain's economy, according to a report by the Confederation of British Industry published on Tuesday. But the policy, which Mr Lawson says is aimedAFP - 351 words
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Article949 1989-01-26 5 ARRIVALS DEPARTURES Operator 0#fVlCl number Local time From Operator S*rvk» number Local rim* For UAL OAL AUC SU FTL KAL TMA QFA IAC SU MAS MAS MAS ACA SU CPX GU BAL GU SU HA SU GU FAL SU THA GU AAAS GU SU SU SU BAW949 words
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175 1989-01-26 5 Reuter US AGRICULTURE Secretarynominee Clayton Yeutter will be questioned at his Senate confirmation hearing on his role as president of the Chicago Mercantile Exchange (CME) during a period under inveetigation by the FBI. Senate Agriculture Committee Chairman Patrick Leahy said. MrReuter - 175 words
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Article, Illustration530 1989-01-26 5 Fed to maintain strategy of moving towards stable prices Agencies US FEOERAL RESERVE chairman Alan Greenspan told Congress on Tuesday that unless US economic growth slowed, the nation risked facing intensifying inflation. Mr Greenspan has sent a strong meeaage to world financial markets, the Group ofAgencies - 530 words
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210 1989-01-26 5 AP US PRESIDENT George Bush promised on Tuesday to submit a detailed budget by mid-Febru-ary and to take an active role in helping shepherd it through Congress, congressional leaders said. Mr Buah made the pledge in a harmonious meeting with leaders of theAP - 210 words
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Page 5 Advertisements
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Advertisement45 1989-01-26 5 TOROI m Call your Tnvel Agent or Air Canada it *****55. A BREATH OF FRESH AIR The busincu person'* choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving at Lester B. Pearson International Airport the following day. Air Canada45 words
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Advertisement32 1989-01-26 5 you make a ession in the Snake. iking a big irnpre* >uy Hine XO or V! >ne of these exclus t pens bearing the little gift from make an evei feV ,JS32 words
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MONEY AND EXCHANGES
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Article537 1989-01-26 6 SINGAPORE: Alan Greenspan, the Fed chairman, in his testimony before the House Banking Committee remarked that the Fed would err on the side of monetary restrictiveness if economic growth continues at its recent pace. This, in addition to his concern about the current rate of inflation in the537 words
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Article269 1989-01-26 6 IMM currency futures closed mostly lower after a choppy session of fairly heavy trade on Tuesday. After four straight days of concerted central bank intervention, futures opened higher on concerns about further dollar selling, although trade was cautious ahead of Federal Reserve chairman Alan Greenspan's Congressional testimony. The early269 words
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Article1036 1989-01-26 6 al investors are selling dollars to hedge their foreign portfolios, or selling them on a day-trading basis. "Views on the outlook for the dollar among institutional investors appear to be mixed," a local trust bank dealer said. "Fundamentally, Japanese investors prefer a bullish dollar," said Mr Ishii at1,036 words
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Article195 1989-01-26 6 ASIAN DOLLAR deposit rates closed at their opening levels in quiet trade yeeterday. 7 IM owe MO O 1 /I A doyi 9 3/16 1/4 V 1/ IO i/i 2 art 5/16 9 3/16 3 *«l 9 3/8 9 1/4 6 nortl 1/2 9 3/8 9 »M<t»195 words
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Article, Illustration174 1989-01-26 6 •w prime le»dh!|n2* el 12 me< or benks In S*pere Interbank market ri ilea (offer/bid) on Jan 25 US! DM SWFC Y«n 7 dor* J/14 1/1* is i/iA— la is/i« s i/4 i/a J »/1* 7/1* 4 f/1* 7/1* 1 ■a* f 1/* —1/» ii i/a— u174 words
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Article1376 1989-01-26 6 CURRENCY FUTURES OPTIONS Wednesday, Jan 25, 1989 DEUTSCHENARK (SMEX) Pa» 88 cato P4» MpaM Law 0a0 LP* 0a0 52 CA4 54 19* 1* 55 454 40 U 7A ft Mar 84 cafe Mar 88 pMa Lav •a* M* La* 4a* 51 58 7 52 10 53 224 24 541,376 words
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Page 6 Advertisements
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Advertisement152 1989-01-26 6 m BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the152 words
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BANKING AND FINANCE
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Article447 1989-01-26 7 BA Futures MARCH Eurodollar futures opened seven ticks higher on Simex yesterday than the previous close at 90.61 on a stronger US dollar following Alan Greenspan's comment that the US trade deficit will continue to improve. Dealers were cautious ahead of today's durable goods orders. The March contract tradedBA Futures - 447 words
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Article411 1989-01-26 7 HONGKONG: Gold closed little changed in quiet and slow trading yesterday. Trading was thin for most of the day. Bullion ended at U*****.00/50 an ounce against an opening 405.40/90 and New York's 405.10/60 close. Traders said gold should trade between US$4O5 and US$4O6 in the short term. On411 words
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159 1989-01-26 7 SALOMON BROTHERS Inc will open a representative office in Singapore on Feb 1, bringing its total offices in the Asia-Pacific region to four. Mr Thomas Strauss, the president of Salomon Brothers Inc, said: "We are expanding our presence in Asia and159 words
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Article187 1989-01-26 7 Gold futures on Jan 24, 1989 100 troy ouncss; USS par trey oun 08 Opan HV Lot Km 89 407.00 407.00 403.80 -ISO Nb 409.*) 411.30 *****' 406 3Q -2.20 Mar 412.30 412.20 412.00 40«_70 -2J0 Apr 41 4. SO 416-30 ***** 411.20 -2.30 inn ***** 431.10187 words
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Article103 1989-01-26 7 Treasury bills Period Issue Yesterday's dosing Day's code Maturity NO om* HK5H LOW 3 months 6 months 1 yoar BQ*****X BY*****S BY*****H 27.04.89 3.90 20.07.89 4.08 23.11.89 4.19 3.85 4.03 4.14 3.91 3.85 4.07 4.05 4.16 4.14 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing103 words
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444 1989-01-26 7 AL O LABITA Jr - By AL O LABITA Jr THE PHILIPPINE affiliate of Futurelink Re Ltd has again petitioned Manila's Court of Appeals to force the Securities and Exchange Commission to retract the closure order against the company, a move likely to spur another round of legal skirmishes444 words
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183 1989-01-26 7 AFP US TREASURY SECRETARY James Brady warned on Tuesday that the Administration of President George Bush might step in, with fiscal measures, to control the soaring tide of leveraged buy-outs that have hit corporate America. But, in testimony to a Senate hearing, Mr BradyAFP - 183 words
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Article62 1989-01-26 7 THE OVERNIGHT rate on the Singapore money market fell by 14 point to close at 5 per cent yesterday. Short term rates were unchanged at SS/16 per cent. C a 0# inTeroanK ror#$ at lh« dot* yesterday: Off» MO Ov«r3 4 7/1 lHMrtti S J/14 3 3/14 562 words
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245 1989-01-26 7 NYT TRADING VOLUME and seat prices have fallen sharply at the US's largest commodity exchanges, and exchange officiate are trying to allay the fears of traders and restore the confidence of the public. At the Chicago Mercantile Exchange, an estimated 258,740NYT - 245 words
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Page 7 Advertisements
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Advertisement9 1989-01-26 7 Hyundai has conquered the last frontier... -m w 09 words
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Page 8 Advertisements
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Advertisement730 1989-01-26 8 COPERNICUS PTOLEMY? PE-Ratios An Outdated Criterion? Enlighten Yourself on the Logical Market Determinants. Wi THE THEORY In this day and age, you would be considered absurd if you adhered to the "Ptolemaic" theory, declaring that the sun revolved around the earth. The 16th Century Astronomer, Copernicus, changed our way of730 words
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COMMODITIES
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Article245 1989-01-26 9 Chinese Produce Exchange SoNon' noon dodng prtcos on Jon 25 (S$/100 kg) Coconut oil Mi FOft 112.00 OW drum FOft 122.00 New drum FOB 126.00 Copra Mixed (loot*) 67.00 •aIUM JWIfi* Peppor Muntok wMt* FOft NLW 715.00 Sarawak wWl# FOft foq NLW 705.00 Sarawak apodal Mack FOft NLW245 words
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Article274 1989-01-26 9 London Commodity Exchange Buyer/Seller dosing prices on Jon 24, (£/torme unless specified). Previous dosing prices in parenthesis. Coilti ftasb In-store London, sailers option OF London Jan 1185/96 (1213/15) Mgh/low 1220/1196 Mar 1183/84 (1205/08) Mgh/low 1210/1183 SoIm (3012) Mar 865/867 (854/855) hftgh/low 870/846 May 873/874 (864/865) Ugh/Low 879/853 SoIm274 words
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Article132 1989-01-26 9 Telerate FUEL OIL prices were little changed in the Singapore market yesterday. Buying interest was seen at US$75US$76 per tonne fob Sing. But sellers of CST--180 were still asking US$7B-US$79 per tonne fob Sing for their barrels. Over sll market sentiment wss described as mixed ssTelerate - 132 words
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Article227 1989-01-26 9 SMGAPORE: Rubber prices ended slightly higher with February 1 RSS buyer quoted st 221.50 cents a kg yesterday. Prices rose three cents in early morning trade following Tuesday's af-ter-hours steadiness, but they eased off towards midday on speculative selling. Values recovered slightly in late afternoon trading on light buying227 words
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Article79 1989-01-26 9 t—1»/*•) FB8UA8Y 1989 MARCH 1989 IWwflrH hm j i ICMrvanl momi) NOON ITorworu Hwwn/ NOON RAS Bvyon S*n •vyan SrfM at 20 IMJOO *****N ***** *****N SSt 50 19*00 196-00 it, ri i MRELB N)tn >»r«o SMI CV 319JOO 331 JOOH 33U00 323j00N SMI I 317JOO 38X0079 words
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Article178 1989-01-26 9 INCREASINGLY strong buying demand from Europe sparked by the continued supply tightness thsrs helped ths Kuala Lumpur Tin Markst (KLTM) prlca Arm to a naw 33-month high of M 520.46 a kg, up 16 canta from Tueeday'e cloaa In fairly active trading yaatorday, doelars said. Turnover fall to178 words
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Article277 1989-01-26 9 RAS prices mto MMQ.FO In Mm 1 NOON ciose kiywi SoMort Buyer* f It* 1 RSS Prompt 220.25 221.25N 220.25 221.25 to 1 #SS Fob 89 221J0 222.50 221 JO 222J0 to 1 RSS Mar 222-50 223-50 222-50 223-50 bit 2 RSS Of 210.50 212JON 210J0 212J0N277 words
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Article190 1989-01-26 9 Soybean Wheat SHARP GAINS in Chicago Board of Trade soymeal induced aggreeaive exporter and speculator buying in CBT inytisai to doee all contracts higher on Tuesday. Talk the Sovists bought up about 600,000 tonnes of US or South American aoymeal supported soybeana, and some traders said this prompted commercial and190 words
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Article402 1989-01-26 9 MALAYSIAN CRUDE PALM OIL FUTURES closed steadier in active trading on the KLCE yesterday. The market had opened slightly easier due to the sharp fall on the Chicago Board of Trade but turned active on short covering activities in the afternoon. Reports saying that China and Russia had402 words
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Page 9 Advertisements
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Advertisement405 1989-01-26 9 Precious Metals, PAGE 7 Introducing the new Sonata from Hyundai. It has more passenger room than any other car in its class, and the power to fly. These days a lot of midsize cars promise you the moon. But check their interiors first to see if there's any space that405 words
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ADVERTISING & MARKETING
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Article, Illustration499 1989-01-26 10 JOHN TAN - Leo Burnett wins Hennessy VSOP account from O M Account worth at least $1.5 million By JOHN TAN LEO BURNETT has won the coveted Hennessy VSOP sccount, worth at least $1.5 million, sfter a two-way competitive pitch against Ogilvy Mather early this week. Besides being rated as one of the499 words
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Article, Illustration446 1989-01-26 10 MICHELLE OH - By MICHELLE OH AFTER 15 years with the Holiday Inn group, See Foon Koppen has decided to take a permanent break. Mrs Koppen, regional vice-president marketing and human resources, has handed in her resignation to husband and managing director Rudi Koppen. She will leave446 words
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Article, Illustration228 1989-01-26 10 UPI THE SUPER BOWL gave NBC lopsided victory In the latest American television ratings. The San Franc ieco 49ers beat the Cincinnati Bengals 20-16 in Sunday'a NFL title game in Miami. It waa by far the moat watched show of the weekUPI - 228 words
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312 1989-01-26 10 conquopr USING advertising and design companies aa a sales force? That'a the marketing strategy behind world market leader Conqueror's range of high quality business stationery. As the bulk of its stationery ia used for letterheada, deaign companies are an important marketing "force"312 words
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COPY ĹINES
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Article59 1989-01-26 10 TED BATES has beefed up Its creative strength with three new additions to Its staff. Ms Karen Wang and Mr Kenneth Ang both joined as copywriters while Jonathan Foo joined as an art director. Ms Wong was previously from Batey Ads, Mr Ang from59 words
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88 1989-01-26 10 LAN W F HUGHES has been appointed marketing manager of Castrol (Far East). His reeponsibilitiee include overseeing salee performance and market development in the export and domestic markets for the region. Mr Hughee will also oversee advertising, publicity and market reeearch programmee tor the88 words
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140 1989-01-26 10 LOCAL visual communications and production house Mike Sebastian Associates Audio Visual Productions has clinched a contract to produce and manage one of Asia's major advertising and communications conferences, Adasia 88. The company will not only manage the five-day congreea but It haa aiao been140 words
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Article62 1989-01-26 10 LINTAS SINGAPORE'S general manager, Peter Ling, will make a presentation on manpower development at Adasia 88 in Pakistan next month. Mr Ling, who is also the vice-president of the Association of Accredited Advertising Agents (4As) and vice-chair-man of the propoeed Advertising Institute of Singapore, will talk62 words
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Page 10 Advertisements
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Advertisement148 1989-01-26 10 "Why is KLM always expanding its business connections?" "They want to be ready when you expand your business." 4 mm- When your business is on the move, you need an airline that keeps up. That's why KLM continuously expands its network offering flights to 138 destinations in 77 countries worldwide;148 words
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Advertisement144 1989-01-26 10 Nissan 200SX wins Car of the Year award By CHRISTOPHER TAN -V sss:- -k: 2005* THE 1988-89 Japanese Car of the Year award has gone to the Nissan 200SX, a 1.8-litre sports coupe recently launched in the Singapore market. Selected from 52 new models from nine Japanese manufacturers, the 200SX144 words
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Page 11 Advertisements
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Advertisement15 1989-01-26 11 In International Corporate Finance, the question most often asked is: "What have you (lone lately?"15 words
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Page 12 Advertisements
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Advertisement210 1989-01-26 12 1 Scott pap o r* HMi f#f S2!£S«» x~» <T £T <«&*> «rr2^°°°^®® Medium Teon Low l t A Mitsubishi Corporation oss2,w<MX» R* E*«V Oorww*" luill«3- r -< OTOR U5550,000,000 Revolving Credit Facility .—■esse L*ntt*d 6^T:o-a«^ Ov SSSO*, 4§>-^ .vISS*. P.T. RAHARJA SEDAY* 1 ASTRA CREDIT COMPANY U5520,000,000 Revolving Credit210 words
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Page 13 Advertisements
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Advertisement182 1989-01-26 13 SmASMT.** USSWM*» r j o*l For Equ*Y Cc v rl CKI Co., Ltd. t >, '< Sa Swiss Frsnc# 80.000,000 Swiss Franc/Yen Currency Exchange Agreement I; r~* W 9B l wrSl Mon Protect hyundo* J Ektar»D(L(Flnanos) PLC BdsrstXLl>MMjry(Aust)UmAsd EWers IXLUmrtrt U A $600,*****0 SlertrigCommaroei P«per •»«<>* c? M«Wg«l Steamship Co.,182 words
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PERSPECTIVE
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Article526 1989-01-26 14 BUSINESS TIMES THURSDAY, JANUARY 26, 1989 A SPIRIT IS HAUNTING Changi airport. It haunts airlines and their customers; generates unnecessary work for airline staff; causes wastage by leaving airline seats not fully allocated; and inconveniences people who need to travel. It is the spirit of526 words
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Article, Illustration1555 1989-01-26 14 SOH TIANG KENG - BT today launches its first ever insurance supplement, in recognition of the growth and maturity of the insurance industry in Singapore. In a special interview to mark the occasion, Insurance Commissioner Law Song Keng (right) reviews the industry's performance and points to possible growth areas. Financial1,555 words
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1178 1989-01-26 14 LEE YOKE MENG - By LEE YOKE MENG Miss Lee Yoke Meng is the head of corporate relations and assistant to the managing director, Export Credit Insurance Corporation of Singapore. The views expressed by Miss Lee In this article do not necessarily reflect those of ECICS. EXPORT CREDIT INSURERS1,178 words
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656 1989-01-26 15 NYT THE PROSPECT that the outlawed Solidarity Union in Poland will be restored to legal status appears to be greater now than at any time in the last seven years. But many of the issues that led to the union'a banishment like the rights ofNYT - 656 words
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1055 1989-01-26 15 SEAH CHIANG NEE - By SEAH CHIANG NEE MANY OF MALAYSIA'S political and social issues revolve around race. These issuee are unlikely to disappear. But during the past year or so, the emphasis on race has declined markedly. Do not be mistaken. Race remains a major national1,055 words
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Article, Illustration551 1989-01-26 15 Reuter CHILDREN play barefoot beneath the coconut trees along a shoreline of rotting garbage, twisted debris and rusting car wrecks. Crumpled beer cans litter the coral sand and flies swarm round a soiled disposable diaper. Robert Louis called Majuro "the pearl of the Pacific". Today,Reuter - 551 words
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Page 14 Advertisements
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Advertisement400 1989-01-26 14 ADVERTISEMENT More of 'Singapore' in Singapore Bueineee ji, ''nJvn J* Singapore Business. The change is more than cosmetic. Singapore's only business monthly kicks off 1989 with a resolution to make its articles more timely and more relevant to anyone and everyone doing business in Singapore. NEW FACE FOR INCHCAPE BHD400 words
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Page 14 Miscellaneous
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Miscellaneous25 1989-01-26 14 BnStcWF»nicDic GRonu 1 OF UKCLC rep LOOK U)HP\T OdT FOR cne\s"Tmp\s.... 1000 Piece jigsru PUZZLC OF THc CMesTGR-peRRy BUILDING «Vf NINO (TAMMMO CO. ITO IMI—IMI25 words
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Page 15 Advertisements
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Advertisement37 1989-01-26 15 Ik Vs i M 4 ■r/.v i v > A r_ v tii. t -r I r' pawKP* •V* •3/ g _>>*»* A H W? -4i/ rtfl V a r H > V jr M m, ~ji DIVISION OF YGM37 words
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LEISURE
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Article, Illustration570 1989-01-26 16 ADVENTURE TRAVEL AP A THREE-DAY conference on adventure travel, meant to add excitement to touriam, opened on Tuaeday with the first conqueror of Mount Ever eat warning of the need to protect remote and lovely areaa. In hie keynote addreaa, Sir Edmund Hillary, whoAP - 570 words
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Article, Illustration861 1989-01-26 17 BEHAVIOUR Reuter CAN AN ENTIRE NATION banish emotion from its political, social, even its sexual life? According to Ake Daun, ethnography professor at Stockholm University, Swedes have done just that. The result is an efficient, rational but somewhat cold and impersonal society. In aReuter - 861 words
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Page 16 Advertisements
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Advertisement256 1989-01-26 16 fi greetugolD Where to entertain. II ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET A&OTHKR IS THE CHOiCK OF MAIN COURSES. PAIM 'mkb For between $26++ and $40+ yon can select from our appetiser \jKILL buffet including seafood, smoked and oysters. Choose from many lavish256 words
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Advertisement221 1989-01-26 16 .V s I gat&g^betel l We are now open 24 hours and are offering sensational new local favourites to tickle your tastebuds. Enjoy a leisurely meal under the stars as our resident singer-guitarist delights you with his medley of songs. Nightly from 7.30 pm onwards. A niMGCOUKTNJ PUNO COUHT HOTEL221 words
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Advertisement248 1989-01-26 16 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50* per person.248 words
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Advertisement197 1989-01-26 16 ii&vt&jaxt'im X THE MANILA STRIKERS The Strikers hit the streets nightly, Mondays to Thursdays 9pm to lam I 24-hr Coffee\House/ (Level 5) Where the service is good, the ambience great, the food simply marvellous! An experience you'll not forget A choice of local, western or Indonesian set lunch daily at197 words
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Advertisement253 1989-01-26 16 Happy Reunion The Mandarin's Reunion Dinner offers an elaborate 9-course Dinner with traditional favourites such as Raw Fish Salad and Braised Dried Oyster with Fatt Choy. At $628 nett per table of 10*. We will start your new year to the melodic strains of a Chinese orchestra and the Ultimate253 words
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Page 17 Advertisements
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Advertisement180 1989-01-26 17 übcrtuK Ist a So much to choose for only $2150 A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection...superb pastries, truffles, fortes cheese board, fresh fruit freshly brewed coffee. All for $21.50 And for $27.50 you can add a roast or a choice180 words
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Advertisement24 1989-01-26 17 The Great White Green Gold. A delightfully dry white wine from the Moselle region in Germany. Great with seafood, white meats and salad dishes.24 words
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Page 17 Miscellaneous
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Miscellaneous643 1989-01-26 17 CRYPTIC PUZZLE ACROSS 1 They're safe for us to be in (6) 7 Rush off with a young rip! (8) 8 A singer in Division one (4) 10 See a bird as no heroine (6) 11 Nicer to young Germans? (6) 14 A bit of a simpleton, you'll allow (3)643 words
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Miscellaneous1282 1989-01-26 17 W iMb SKMIS) m 5* X anymore OUR CHOICE CONSPIRACY OF LOVE, Channel 5, 10.35pm Yet another American TV movie that gnaws at the heartstrings. But veteran actor Robert Young of the old Marcus Welby series should be a treat to watch as a grandfather whose son has walked out1,282 words
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SPORTS
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395 1989-01-26 18 YACHTING AFP TWO TOP SKIPPERS agreed yesterday that crew work and their own skills would be the deciders in the 12m yachting challenge match series starting today in Sydney Harbour. America's Cup maestro Dennis Conner told a press conference in Sydney thatAFP - 395 words
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Article, Illustration892 1989-01-26 18 BARRY WOOD - TENNIS By BARRY WOOD IVAN LENDL defeated John McEnroe 7-6, 6-2, 7-6 yesterday to reach the semi-finals of the Australian Open, in what some people would consider to be the most intriguing contest of the tournament. It was an odd match, for the two tie-break892 words
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Article, Illustration407 1989-01-26 18 BASKETBALL AP DOMINIQUE WILKINS scored 41 points, equalling his season high, and hit a key three-point basket in the fourth period in powering the Atlanta Hawks to a 121-105 victory over the Cleveland Cavaliers on Tuesday. The victory was Atlanta's fourth in a rowAP - 407 words
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Article, Illustration274 1989-01-26 18 MOTOR RACING AP FORMULA ONE race testing was stalled on Tuesday by bureaucratic red tape ttiat prevented the delivery of imported fuel. The Benetton-Ford team was idle in Rio de Janeiro on Tuesday morning after it was unable to get its specialAP - 274 words
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132 1989-01-26 18 MOTOR RALLY AFP LANCIA cut the engine power of its cars following Monday s fatal accident but world champion Miki Biasion still has the Italian team on course for another Monte Carlo rally triumph. Lancia team chief Cesare Fiorio ordered his mechanics toAFP - 132 words
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304 1989-01-26 18 SNOOKER AFP NEAL FOULDS. making his third appearance in the Benson and Hedges Masters, beat South African Peter Francisco 5-2 to reach the quarter-finals of the £250,000 tournament in London on Tuesday. Currently ranked third in the world, he is in dangerAFP - 304 words
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175 1989-01-26 18 ATHLETICS A P LINFORO CHRISTIE, Europe's fastest sprinter, has been hit by a hamstring injury and could miss his opening indoor race of the season on Saturday. Christie, the Olympic 100 m silver medallist said on Tuesday he had strained his hamstringA P - 175 words
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111 1989-01-26 18 AP A PROSPECTIVE two-year ban on South African athletes competing internationally for adopted countries would not affect the career of Zola Budd if she decides to return to Britain, according to a high-ranking track official. Quoted in British magazine Athletics Weekly, International AmateurAP - 111 words
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Article41 1989-01-26 18 CRICKET AP WORLD cricket chiefs have announced sweeping penalties for players with sporting links to South Africa, threatening bans of four years for individuals who play or coach there and five years for members of rebel touring teams. APAP - 41 words
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Article, Illustration411 1989-01-26 18 CHARLES SAVAGE - BOXING By CHARLES SAVAGE AFTER MONTHS of changes, postponements and uncertainty, it Anally seems a reality. In four weeks. Singaporeans will taste the thrill once again of an international title fight. Tickets for the Feb 25 International Boxing Federation (IBF) junior bantamweight411 words
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291 1989-01-26 18 AP SUGAR RAY LEONARO and Thomas Hearns, who met eight years ago in a classic welterweight title fight, will meet again in a June 12 rematch for Leonard's 168-pound (76-kg) title. Promoter Bob Arum said in Las Vegas that he reached agreement on TuesdayAP - 291 words
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Article643 1989-01-26 18 BONDS, LOANS WARRANTS Company Eapiry/ rnwpm w Conversion piriod Inter** 1 J I i maturity psyebls •hare date CX Tang Wrti *****990 Anytime to May 31, 1990 1 worront plus $2.25 cash. Oman Hup Wrti 1991 Anytime on or after Mar 1987 1.6 warrants plus $1.60 cash. until Dec 31.643 words
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COMPANIES & STOCK MARKETS
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Article, Illustration390 1989-01-26 19 NST RALEIGH BHD has decided to "cool off" after having successfully completed a string of acquisitions and expansion over the past eight months. Its chief executive and director. Patrick Low Han Hing, said yesterday the company had experienced a very hectic period with financialNST - 390 words
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Article, Illustration465 1989-01-26 19 Bernama THE Kuala Lumpur Stock Exchange is prepared to amend some of the listing requirements for the second board if they are found to be discouraging companies from applying for listing, KLSE executive chairman Nik Mohamad Din bin Oatuk Nik Yusoff said yesterday.Bernama - 465 words
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Article353 1989-01-26 19 Curront El Books Dot* ToM lor ToM lor poymont date dOM poyaMo Mm yoar loot yoor A 1 S 10%M Jon 6 Jon 20 Jan 31 10% 5% Amol Ste*J 8%tew Doc I Doc 15 Jon 30 8%TE 8%TE Avfcno •5%TE Mor I Mor 13 May 15 25%TE353 words
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150 1989-01-26 19 DBS BANK Mid yesterday that the group is continually looking out for suitable growth opportunities. but described aa "unfounded" a newspaper report that it waa interested in buying over Hongkong's Hang Lung Bank. A report in The Straits Times yesterday said the visit150 words
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442 1989-01-26 19 ROSIE TAN - Venture to develop, market and manage KL shopping centre By ROSIE TAN COLD STORAGE Malaysia Bhd (CSM), a 42 per cent associate of Cold Storage Holdinga. has teamed up with Bandar Raya Developments Bhd to develop, market and manage a prestigious shopping centre at442 words
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292 1989-01-26 19 MBT CYCLE CARRIAGE Bintang (CCB), the Malaysian-based aesociate of Cycle Carriage Ltd, has appointed Associated Motor Industries Mslsysia (AMIM) to assemble Mazda passenger cars in Malaysia. AMIM, a subsidiary of Tractors Malaysia, is a member of the Si me Darby group.MBT - 292 words
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407 1989-01-26 19 AFP BONO CORP International Ltd, a subsidiary of Australian businessman Alan Bond's holding company, has indicated It may soli its share in a Hongkong office building owned Jointly with a Japanese Arm. "We do reiterate the fact that by itsAFP - 407 words
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Article394 1989-01-26 19 LAST FULL YEAR Company toted Date toe y«ar Y«ar ndhg H* EPS (can*) Cram dK Nat prafh ($•000) Sei Properties Interim Jul 30 Oct 88 0.9 10 2806 Aioom Interim Sep 22 Dec 88 19,0411 leong Huat Interim Sep 29 Dec 88 5351 MsJon Fmilli flma M Box394 words
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Article131 1989-01-26 19 LAST FULL YEAR Company Ported Do* Yoar Not ETS Grow Not amownoot 1 ondbig (a M) <*v profit kat yoor (two) CXrta Con* C: l rinoi Aug 26 OK 86 4 8481 Grand Utd Hldg» final Jun 30 Jun 87 19,1941 Suprwm Corpn Final jun 30 Jun 87131 words
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SES
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Article, Illustration762 1989-01-26 20 MICHELLE OH - By MICHELLE OH IN A SHOW of confidence, investors returned to the local market yesterday, pushing share prices higher across a broad front. Dealers said the market reacted positively to Wall Street's overnight 38-point surge and news that the Malaysian762 words
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Article148 1989-01-26 20 METALING TIN BERHAO: 83rd AQM at the Registered Office, Ist Floor, Straits Trading Building, 4-6, Leboh Pasar Besar. Kuala Lumpur, tomorrow at 3.00 pm. ELECTRO MAGNETIC (8) LTD: 7th AQM at Sir Stamford Room, Hyatt Regency Singapore, #10-12, Scotts Road on Saturday, Jan 28, at 10.00 am. e148 words
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Article70 1989-01-26 20 Company RIGHTS ISSUE G«oerol Corp 5 1 2 1 i wnt ol 8% ConvrHbte Unsacurad 1 oan Stock 1988/93 on ttM bow of $2 noai not amount of loan stocks tor uvry 5 GCB thorw ol $1 sack or $2 nominal amount ol CIAS 1988/73 for *v«ry $770 words
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Article299 1989-01-26 20 Company RIGHTS ISSUE C 1 Holdings 27 milky loan stocks in tha roho of $3 loon stock for avary Hva ordinary L-U Causeway Inv yyjfw Issue of $7,252,737 nomtnol amount of 4% loon Stock IW/W on tha bain of $1 nominal amount of loan stock with two TSts299 words
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Article315 1989-01-26 20 > Managers' prices MARA-Bumlputra for Jan 26 1 First B'puira < Ul 6.76 Singapore Unit Trust S*cond B'puira Third B'puira 6j07 612 449 454 Tlw Co«MfC« 1.01 107 1 fourth B'puira 132 537 Tin Savings Fund 0J9 094 Fifth B'putro 295 3 00 S'por* Prog hind 038 0.42315 words
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Article434 1989-01-26 20 Gr's Gr's 1961 k/89 Tel Last Vol Day Last Quote Dlv Dlv Vld Net M Cap High Low Cods Company Sale JAM 25 cr(000) High Low Buyer 8 C'VT P/E $mll SESDAQ 187 114 t 4000 Amtek Eng 200 120 unch 47 121 120 119 121 10 ON 7.1 1.7434 words
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5304 1989-01-26 20 IOOO/ Ngh at Low Tel Cod* Compony Loot Sole JAN 28 4-or* Vol (*000) Doy High L L ow ft ool Que uyer to *s Nor Qr'a Dhr Qr'a Dtv rid Cvr Net P/E M Cap SECTION ONE MOU8TRIAL COMMERCIAL 159 86 220 167 1365,304 words
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KLSE
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Article, Illustration3337 1989-01-26 21 MBT BUOYED by the better sentiment on overseas markets, the Kuala Lumpur stock market staged a mild recovery and prices finished firmer all round yesterday. Dealers noted there was bullish interest in tin stocks aa tin prices hit their highest level since the tin marketMBT - 3,337 words
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Article, Illustration519 1989-01-26 22 Reuter SOUTH KOREANS, with new confidence born ot wealth and a flourishing democracy, are beginning to question the powerful business conglomerates once considered national institutions. The government is speeding up reforms to wean the economy from ax- ceaaive reliance onReuter - 519 words
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404 1989-01-26 22 Reuter AUSTRALASIAN resources and trading group Elders Resources is considering taking a stake in New Zealand Steel Ltd. left vulnerable by the collapse of its parent "We've said we'll have a look at it and that's what we are doing," Elders ResourcesReuter - 404 words
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Article149 1989-01-26 22 AFP NIPPON ELECTRIC CO (NEC) is planning to build a plant in an export processing zone in the centrsl port city of Cebu, Philippine officials said on Tuesday. Trade Under-secretary for the central Philippines Joel Marl Yu said he had been informed that NECAFP - 149 words
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141 1989-01-26 22 Reuter ISETAN Co Ltd expects to post s net profit of 2.3 billion yen (US$l7.9 million) in the four months ending March 31. The Japanese department store chain operator is changing its financial year-end to March 31 from Nov 30. ItReuter - 141 words
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Article, Illustration527 1989-01-26 22 Tokyo Reuter TOKYO share prices firmed to a new record cioee yesterday after laet minute futuree-related buying brought pricee back up from afternoon loaaea, brokers said. The Nikkei index firmed 10.11 pointa, or 0.03 per cent, to a record doee of 31,587.79. The Nikkei aurged 224.80 pointaReuter - 527 words
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Article, Illustration515 1989-01-26 22 Australia Reuter A STRONG Austrelien share market yeeterday closed on its day's high aa Investors continued to puraue quality stocks acroea the board. Brokers observed that strong rises on Wsll Street and in London overnight combined to encoursgs widesprssd buying, with corporate plays in the resourceReuter - 515 words
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Article, Illustration1182 1989-01-26 22 Hongkong HONGKONG share prices edged fractionally lower yesterday, leaving brokers unclear on which direction the market would take in the wake of yeeterday's long anticipated land auction. The Hang Seng Index eased 0.29 of a point to end at 2,900.74. after reaching 2,931.89 in the morning.1,182 words
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Article159 1989-01-26 22 Reuter THE SECURITIES Exchange of Thailand Index roee 1.00 points to 434.13 yeeterday on a turnover of 7,001,301 share* worth 636.74 million baht. MM 88 ■AHT Ao Kham Thai 428 +4 Ayudhya IniMttmi Bangfcp* AgrtMnd i*. 383 uneh 108 uneh Bar>gKo« Bank BaraoT Ayudhya.. Charoong Thai WVReuter - 159 words
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Article396 1989-01-26 22 Reuter TAIWANESE share prtoee ended broadly weaker yeeterday a* falling financial end Industrial shares pulled the index lower, deelers said. The weighted index dropped 146.73 points, or 2.4 per cent, to finieh at 5,002.14 points compared with Tueeday'a 5,837.67 cioee. Turnover only reached NTJ17.26 billion compared withReuter - 396 words
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Article102 1989-01-26 22 Reuter MANILA share price* mostly held steady yesterday but Manila's composite indsx was dsntsd slightly by a taw losses in commercial/industriala and oils, brokers said. "This (decline) is within a normal range in a period of coneolidation. This may go on till Friday although it's possibleReuter - 102 words
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Article133 1989-01-26 22 Reuter BOMBAY shsre prices closed sharply higher yesterday after a strong rally by market leader Tata Steel. Brokers said an announcement by Tata Iron and Steel Co Ltd that it was shortly proposing to split the 100-rupee face value share to 10 rupees each spsrked heavy speculativeReuter - 133 words
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Article161 1989-01-26 22 Reuter NEW ZEALAND share price® continued to firm yesterday, mainly becauee of the rising Australian dollar, but brokers had mixed views on its direction. "It's currency-driven that strong Australian dollar is keeping prices up." one dealer said. The New Zealand dollar had (alien to A 50.6060 fromReuter - 161 words
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WORLD MARKETS
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Article, Illustration794 1989-01-26 23 New York Reuter US FINANCIAL MARKETS took a rosy view of Federal Reserve Board chairman Alan Greenspan s testimony before Congress, sending share prices soaring to a new post-Crash high on Tuesday and to levels not seen since before the October 1987 stock market crash,Reuter - 794 words
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Article, Illustration926 1989-01-26 23 London Reuter LONDON SHARES eased off their highs late yesterday morning as the early sharp rise in prices tempted some investors into taking profits. The FTSE 100 was 18.6 points up at 1,959.7 by 1119 GMT after touching a new post-crash high of 1,967.1. However, dealersReuter - 926 words
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Article1274 1989-01-26 23 Reuter ZURICH: Swiss shares closed higher in increaseo turnover yesterday, dealers said. A stimulating influence on the market was Tuesday's rise on Wall Street to a new post-Crash high. A firmer dollar also supported prices, particularly as it came without a further rise in interest rates. TheReuter - 1,274 words
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Article, Illustration527 1989-01-26 23 Terms of plea agreement temporarily sealed Reuter US FEDERAL prosecutors unveiled their formal charges against Drexel Burnham Lambert Inc alleging the investment firm schemed with stock speculator Ivan Boesky to break securities laws as part of massive fraud. However, the terms of the actual pleaReuter - 527 words
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591 1989-01-26 23 Reuter ARRANGING corporate buyouts and mergers continues to be the bright spot in earnings at US securities houses, while sales and trading of stocks and bonds remain sluggish. Morgan Stanley Co and Shearson Lehman Hutton Holdings Inc have reported strong gainsReuter - 591 words
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Article, Illustration462 1989-01-26 23 Reuter TYCOON ROLAND "Tiny" Rowland's Lonrho group looks set to post a rise of about 10 per cent in pre-tax profit when it reports on an event-packed 1068 today. A profit of around £220 million (US$3OO million) would cap a yearReuter - 462 words
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Page 19 Advertisements
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Advertisement165 1989-01-26 19 Financial Newsmakers You need a car phone for urgent calls, why hesitate to get one. iiiiiiien SEND stoßclrßrcl OMI H JKL 4 5 kl K'fl a El O \Nhen you visit Telecoms Customer Services Centre at Comcentre to look for a new earphone, be sure to ask for Uniden AFIO.165 words
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Page 19 Miscellaneous
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Miscellaneous29 1989-01-26 19 MSB c.O/ 7& C14W30 7&W£/? "wat/rAz*o&> 77S£~/tyZOA/r />*7 m^Mfw&or ru/ir &o>t// &cxy, fl/£T/? CA7ZV AS/W.. by Martell Arisztr U£-4/=>/=&*/*$ 7D AO&&TZZ/M2 US A/Cfr/ 00 c/OC/WOfi/ tf£'4 A/or/*£&/*£ss/A/6 ottss# 729 words
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Page 22 Advertisements
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Advertisement667 1989-01-26 22 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME We. TIM MARINE SERVICES PTE LTD 80 Marine Parade Road. #10-06 Parkway Parade. Singapore 1544, hereby give notice that we have applied to the Registrar of Singapore Ships under Section 417 of Merchant Shipping Act (Cap. 172) in respect of the667 words
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Advertisement326 1989-01-26 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF NICE-TOP CO PTE LTD (In Members Voluntary Winding-up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Chapter 50 the final meeting of the members of the Company326 words
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Advertisement91 1989-01-26 22 ?[})|.!^%$=!|>"+*=~='|!,{}/>|?- TRAINING TO COMPETE! All you need to know to win that 10K run and marathon. It includes: A basic training program Special workouts to increase your strength, endurance, and power Specific preparation programs for all races with special emphasis on the 10K and the marathon Charts, schedules, and worksheets91 words
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Page 23 Advertisements
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Advertisement14 1989-01-26 23 TIMES Business Directory H of SingaiMwr (BUKU MERAH) A VALUABLE ASSET, IN ANY OFFICE,14 words
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Advertisement75 1989-01-26 23 Are you "A Born Leader"? Did anyone ever teach you how to manage? Do you believe that managers are born not made? Entertaining and Amusing. 7 but at the same time practical and informative. 1. A useful book for all aspiring managers and many established managers. Illustrated with wonderfully appropriate75 words
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Article, Illustration593 1989-01-26 24 NST BANK NEQARA, keeping to its pledge of going after the debtors of the Co-operative Central Bank (CCB), has ordered another four people to surrender their monies and assets and together with 30 others to surrender their travel documents and not leaveNST - 593 words
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Article, Illustration420 1989-01-26 24 THE FORMER executive director of Dah Yung, David Cheng Heng Soon, yesterday admitted in court to 16 fraud-related charges totalling some $30 million. The Deputy Public Prosecutor, Miss Yap Huan Lan, told the court that Cheng acted on the instructions of Ho420 words
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237 1989-01-26 24 Reuter CHINA and Vietnam have reached broad agreement on an internationally supervised withdrawal of all Vietnamese forces from Cambodia by September this year, diplomata said yesterday. China has agreed to phase out military aid to the coalition of three guerilla forcea, includingReuter - 237 words
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219 1989-01-26 24 AFP CAMBODIAN Premier Hun Sen said after arriving in Bangkok yesterday on a historic visit that he saw little hope for concessions to resistance guerillas fighting his Vietnam-backed administration. But he said he was ready to discuss "any topic", including bilateral trade, with ThaiAFP - 219 words
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326 1989-01-26 24 ZHOU MEI - By ZHOU MEI FIRST DEPUTY Prime Minister snd Minister for Defence, Mr Goh Chok Tong, lesves for a three-day official viait to Malaysia today at the invitation of the Deputy Prime Miniater of Malaysia, Mr Ghafar Baba. During the viait Mr Goh326 words
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395 1989-01-26 24 Reuter UPI THE GROUP of Seven (G-7) is expected to reaffirm the need for policy coordination at its next meeting, Bank of Japan governor Satoshi Sumita said The G-7 is expected to meet in Waahington on Feb 3. Mr Sumita told a pressReuter; UPI - 395 words
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132 1989-01-26 24 AFP SOUTH KOREA plans to set up industrial parka in South-east *Asia, including countries like Malaysia. Indonesia and Thailand, for the exclusive use of South Korean manufacturers, the Korean Trade and Industry Ministry said yeeterday. Officiate aaid the state-run (South) Korea Trade Promotion CorpAFP - 132 words
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Article79 1989-01-26 24 Reuter COMEX GOLD FUTURES rebounded from early lows, buoyed by expectations that NYMEX crude oil prices will open firm. The February gold delivery had a loaa of US$O.BO at U*****.50 an ounce, up from the low of U*****.80. April gold waa off US$O.9O at U*****.30, up from US$4OO.BO.Reuter - 79 words
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LATE FILE
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Article58 1989-01-26 24 Reuter CHINA will never nationalise investment or aaeets owned by people from Taiwan, an official of the Ministry of Foreign Economic Relations and Trade said in the Chirm Daily. The official said contracted Taiwanese investment in mainland China in the first 11 months of 1968 was US$62OReuter - 58 words
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Article61 1989-01-26 24 Bernama BUMIPUTRA performance in the industrial sector last year was far from satisfactory, Malaysian Trade and Induetry Minister Oatin Paduka Rafidah Aziz said yesterday. Official data from the Malaysian Industrial Development Authority showed that bumiputra individuals accounted for 6.6 per cent of total called-up capital of MBernama - 61 words
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Article55 1989-01-26 24 Bernama DATUK MUSA HITAM may make an announcamant in Segamat "to raturn to tha fold of Umno" naxt Wedneeday, Johor Umno Liaiaon Committee chairman Tan Sri Haji Muhyiddin Yaaain said yesterday. He aaid Muaa would be viaiting Sagamat on Feb 1 to meet membersBernama - 55 words
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Article82 1989-01-26 24 Bernama THE Indoneeian Constitution does not limit the number of terms the president can hold office, apeeker of Parliament Kharia Suhud said yesterday. He said the constitution was silent on this although it dearly stated that tha preeident must be appointed once in every fiveBernama - 82 words
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Page 24 Advertisements
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Advertisement279 1989-01-26 24 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitc hens, elegant one or two bedroom suites right in the heart of Orchard Road. At The Ascott, we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate in279 words
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Advertisement207 1989-01-26 24 *> c« tS 3< S\ N> > <3 mmm T <Sx X <«"- I M F I t CALL: t+IMAfkLI When life is at stake in regions far from medical skills, emergency aid is a vital service and Asia Emergency Assistance is fully geared to provide this. AEA maintains a207 words
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SHIPPING TIMES
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435 1989-01-26 25 D6FYING skeptics in the industry, the Asia North America Eastbound Rate Agreement (Anera) has reaffirmed its intention to go ahead with a rate increase of US$375 per 40-ft container and US$7 per revenue ton on March 1. In Hongkong, industry representatives of the435 words
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128 1989-01-26 25 SINDBAD LINES will start exchanging slots with Maakapai Pelayaran Pulau Laut (PUL) from Fab 1. in an arrangement that will increase the former's sailings between Singapore and Bangkok from one to two sailings a week. The deal entaila the slot-exchange128 words
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399 1989-01-26 25 RICHARD NG - By RICHARD NG DIRECTORS of the Port Authority of Thailand have rejected a request by a Thai crane firm to re-Introduce the ban on ships from using their own cranee. PAT board of directors waa quoted in the Englishdaily, The Bangkok Poet, aa saying399 words
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201 1989-01-26 25 ORIENT Overseas Container Line (OOCL) has completed the integration of its trans-Atlantic services by moving the management of the trade to Hongkong. Mr Mike Jordan, the OOCL director responsible for trans-Atlantic servicee. will be based at the company headquarters in Hongkong. "The move will201 words
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962 1989-01-26 26 THE DRAMATIC growth in oceanborne exports from the United States is cooling down, according to a new analysis of trade patterns during the third quarter of 1968. While still growing at a strong 12 per cent annual rate, oceanborne export tonnage in the962 words
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Article813 1989-01-26 26 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Alltrons IV 1 Anro Service IV 2/3 AMI 1 1/2 A PC line V 4 API III 2/3 Arrow Lines IX 5 ASCI III 1 Bo It-Co nada Line VII 4/5 Bolt-Orient Line VM 2813 words
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343 1989-01-26 27 Al O LABITA Jr - By Al O LABITA Jr A MANILA subsidiary of a Singaporebased shipyard is experiencing a resurgence of shiprepair business in the Philippines. The subsidiary, Keppel Philippines Shipyard, Inc (KPSI), has been winning domestic and foreign contracts despite stiff competition posed by other343 words
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325 1989-01-26 27 SEA Containers has introduced a completely redesigned 25,000 litre IMO 1 tank container into its leasing fleet. Over 300 of these tanks have been ordered from Yorkshire Marine Containers Ltd, the company's manufacturing subsidiary, of which the first 100 units are already in service325 words
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Article120 1989-01-26 27 Reuter Reuter THE Panamanian motor tanker Caribbean Navigator (3.846 dwt), after departing Cristobal anchorage, has collided with the Mexican LPG tanker Ahkatun (46,486 dwt), which was reportedly entering Cristobal breakwater to commence southbound canal transit. The Caribbean Navigator, carrying gasoline, sustained extensive hull damage with partial lossReuter - 120 words
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Article205 1989-01-26 27 ALL SURVEYS were conducted on Jan 3. Argentina All port Normal operation. Australia All ports Normal operation. Bangladeeh Chittagong 25 vessels operating. Mongla 20 vessels operating. Brazil Santos 55 vessels operating. Rio de Janeiro 30 vessels operating. Cameroon Douala Waiting time of up to one days. Canada Vancouver,205 words
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Article57 1989-01-26 27 Reuter r THE 14,755 dwt Panamanian vessel Brasilia, damaged by fire at San Juan/ Puerto Rico last month, may b«. scrapped, Lloyds Shipping intelligencesaid. The ship arrived at Rio Haina* Dominican Republic, under tow to discharge 5,500 tonnes of steel and 1,500 tonnes of wood.Reuter - 57 words
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3742 1989-01-26 32 AARHUB Toiaga Bay. Trtot. Jan 20<PK). Luna Maa'W MaarM Llna. Jan 20 Evar OaMing. Evorgraan Jan 27 Kutal. Ofaaagatrt Jan 27/31 Ming Prograaa. Yang Ming. Jan 20 Chun Ha. CMna Ocaan Shpg. Jan 30 Nlhon. ScanOutcht, Jan 30 VINa da Vaga.3,742 words
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Article690 1989-01-26 32 SCATTERED business on Tuesday emerged in most sectors of the dry cargo single voyage market and there was talk that lower rates had been agreed for grain loaders from the US to the Continent and Japan, brokers said. While no details emerged the US Gulf/Japan Baltic sub-index was690 words
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Article1100 1989-01-26 32 AT CONVENTIONAL WHARVES J MWoyo 19 *****300 2401/5300 VmmI Berth Arrival Departure m«m 121 jb/9 *o\/ano *****300 Junior J5 2601/1300 2701/2300 KEPPEL WHARVES Puiou Jowo a 260i/<J700 2701/2300 Akti K32 olongside 2801/0800 Seahorse JI2 *****500 *****700 Alaiondria KI6 alongside *****900 Sinor Mega Jl 2601/0(00 2701/2300 Barber Totoo1,100 words
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Page 25 Advertisements
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Advertisement794 1989-01-26 25 *0° TIMES STP Distributors Tmrms Puft*s/wn» Group OOCL Dedicated to Quality se»^»ice 01NC SNIPfINC AGENCIES (NEW CR-NO IS 3M2WMMC) 200 Cantonment toed #12-06 SouaipoMt, Singapore 0201 T«J *****11 TELEX NO ***** TERMINAL/CFS Td *****11 220 BOOKINGS Td *****34 23S PESAKA JAROINE SNIPfINC AGENCIES SON. BNO. PORT KELANG TEL 36*4118 TMei794 words
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Advertisement69 1989-01-26 25 mm THE DRAMATIC growth In oceonborne exports from the United States Is cooling down, according to a new analysis of trade patterns during the third quarter of 1988. Pag« H A MANILA subsidiary of a Singapore-based shipyard is experiencing a resurgence of shiprepalr business in the Philippines. Page 111 Index69 words
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Advertisement553 1989-01-26 25 mcC- MAERSK LINE DESTINATIONS LEOE M LAM M. LAURA M This «Mt M CY 1/2 2300 I CFS 1/2 1)00 Closing Time 2/2 2/2 8/2 *2 16/2 '6/2 23/2 23/2 M PARS ARTHUR M LAUBT M M ROTTERDAM To Caii'orn a-US Gui»-US Atiantic-Ea*t Canada A.! WawSfv ci sti E3CSIC3 6/4553 words
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Page 26 Advertisements
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Advertisement539 1989-01-26 26 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT TOLAGA BAY NIPPONICA HONGKONG EXPRESS PROSPER CITY OF EDINBURGH LARGS BAY LONOON EXPRESS ALSO ACCEPTING CARGO TO: AIL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN. AARHUS, GOTHENBURG. MALMO, HELSINKI. OSLO. AMSTERDAM, CARIBBEAN A S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT irmni Agents: VOY NO HAMBURG CITY OF539 words
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Advertisement18 1989-01-26 26 Lines and services represented by Members of the Registry of Accredited (jhQ® Shipping Agents, Singapore National Shipping Association.18 words
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Advertisement441 1989-01-26 26 POLISH OCEAN LINES i£S wtt* til Optorg Shipping Pte Ltd PfK PHI or eacon mvicq WHMMMP coy o yiOTrwOMi ym mil RUHLANO LP M L TMABJMM IP IP FROM EUROPE CONTAJNEtIStD SERVICE SOUTH PACIFIC UNt EUNOPE MOD AUK i m 2S EXPORTS DIRECT CONTAINERISED OF EACON SOVKX) rw pm mm441 words
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Page 27 Advertisements
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Advertisement1114 1989-01-26 27 The Straits Steamship Group P&O Containers SCONTAINER SERVICE TO UK/CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak. Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK PEGASUS PROGRESS V554N PEGASUS PIONEER VI7N BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 Alio Accepting Cargo For: Hmturj t* Copenhiew, Aarhu*. GotiMnburg, Mi Into. Stockholm. Haliinki.1,114 words
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Advertisement856 1989-01-26 27 APPOINTMENT Organisation Technology Re. Ltd. Specialist Consultants in Human Resource and Organisation Development Search and Selection Psychometric Assessment SALES EXECUTIVE (SEA FREIGHT) Our client, a successful shipping organisation seeks a dynamic. and qualified professional to join its team. Candidates will ideally be in their late twenties or early thirties with856 words
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Page 28 Advertisements
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Advertisement385 1989-01-26 28 UISI NOSE MARITIME PTE LTD (0» ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN MEELAD PJL 672 IRAN TAKHTI PJL 573 Singapore Loading (orETA 1/2 BANOAR ABBAS ETA 13/2 BANOAR ABBAS TTvowal KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA VIOLET V 23 KYOWA HIBISCUS V 35 LOAD FOR:385 words
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Advertisement748 1989-01-26 28 HANJIN SHIPPING CO., LTD. FUt.I.Y CONTAINERISED SERVICE FROM EUROPE VIA SUEZ 2VI 31/1 917 m CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL WONSBON 44 KUANTAN S PORE LOAOING FOR 2/2 DUBAI. DAMN TO PACIFIC SOUTH WEST T/S POAT (.INC HAUL 2*l pus. ut hanjin s(oul m 31/1 PUS. Ui HANJIN POMANC748 words
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Advertisement172 1989-01-26 28 DOIXIGIUAMA L-lIVIE MALAYSIA GLORY V»1 HAI YINC V»11N RACNA WIN SINGAPORE GLORY V*l BUSAN GLORY V*B SPORE PKILANC PtNANG INCHON BUSAI 1 r «b 2 FM 1 ftk 31 J*n 10 FM 11 FM U F* 14 FA U FA 17 FA 1 Fm 2 FM 3 FM 13 FA172 words
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Advertisement970 1989-01-26 28 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GIANT MP**********302M02U02U02- 17m M 3 EVER gentry am tsa o*« n«2 ww imc jto SS EVER GATHER :oas 14*. .so; ;;cj to*b 244E 2701 35 lS EVER govern :-vi W>: 24*2 vm mm mm 35 EVER GARDEN 24*2 7*«: oi«3 03970 words
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Page 29 Advertisements
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Advertisement901 1989-01-26 29 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE bans HOT A MAWAR HAJ HOT A MAWAR MAJAPAHfT HOT A MAWAR HOT A MAWAR I BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE «N BLW PtN PKL SM In901 words
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Advertisement562 1989-01-26 29 BEN LINE CONTAINERS TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND ~S!N I MAIN LINE HKG NOUMEA SUVA AM. NAP TM 27/1 ACRITAS 5S 5/2 5/3 W U/3 16/3 1112 ER BRUSSELS 20/2 11/3 21/3 2V3 25/3 25/2 NAVIGATOR 2S 5/3 M/ 3 3/4 6/4 9/4 FROM NEW562 words
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Advertisement641 1989-01-26 29 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 VSL/VOY SPOKE ANTWERP H'BURG/ ROAM/ADAM BREMEN KUTAI/ISWB 29/1-2/2 2/3 5/3 S. PANJANG/21WB 4-6/3 1/4 5/4 Sublet to. InducemenL Alfo accepting cargo to Csssblancs. Port Said, Port Alexandria, Genoa,641 words
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Advertisement348 1989-01-26 29 BOUSTEAD SHIPPING AGENCIES I* PA AN VLMW PAGAN VIJ7W HTONEYWA V243N BURMA FIVE STAR' SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P Kelang Penang Bangkc 2W31 Jm *21 Jan 30 Jan/1 Fab 1/3 Fab BANK LINE 11-CONTAINER NORTHBOUND TO UKC IVYBANK V23N TAUSALA SAMOA VI4N MORAYBANK V7N SPORE348 words
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Page 30 Advertisements
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Advertisement821 1989-01-26 30 Q K l INK KAWASAKI KIShN KAISHA. LTD. EXPORT ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FAITH ORIENTAL FORTUNE NEPTUNE JADE VIA FEEDER ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE VIA FEEDER FEEDER VESSEL ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE S FEEDER VESSEL SEVEN SEAS BRIDGE OOCL DOMINANCE KOREAN821 words
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Advertisement472 1989-01-26 30 > AUSTRALIA EXPRESS CONTAINER SERVICE Support P KaUng Panang Loading tor TULSIDAS V 39 4 fab KALI DAS *41 6 Mar TULSIOAS V 40 1 Ap KALI DAS *.42 4 May TULSIDAS *41 4 juna Transit tun* Smgapora/ MMbouriw U dan Mtfhar VU By Faadar By Faadar 4 Fab 11472 words
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Advertisement605 1989-01-26 30 GOLDEN LINE GtJAN GUAN SHIPPING (PTE) LTD 21. T«M Ay*f Strwt SINGAPORE 01M TEL UUM (10 LINES) Fn *****04 ULF SERVICE: Sport PK«tw« fW* STRAITS/PERSIAN GULF SERVICE: Snort P.I GOLDEN HAftVEST Kmcln/Outai/Mirxx *8 Fak (SOL DEN WON OCR Cotonbo/KaradM.'DutMi IS/11 Fa* CHINA SERVICE A VESSEL Huanjjxi, SMnfhj. W ftb CHINA605 words
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Advertisement538 1989-01-26 30 I'HIU UmCNT UNCS PTC LW H{AO OFfiCE (3 ROBINSON ROAD -07 12 AFRO ASIA BUHDING SINGAPORE 01C5 TELE* RS ***** PHIII FA* *****76 EAST/FAR EAST FCL ft LCL SERVICE ETA SINGAPORE na an NEW GENTRAOE Ifl ■AMAS. CALCUTTA CMITTAGONG EAST/WEST AFRICA/MB. FCL ft LO. SBtVICE IV 7V»®.V UTI 1 BEIRA538 words
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Page 31 Advertisements
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Advertisement772 1989-01-26 31 Agents S pore NEPTUNE AGENCIES PTE. LTD. General Bookings Bookings Inward/ Terminal CFS Enquiries FE EU/AUST TPA/SEA Outward *****22 *****53 *****77 *****53 27*5742 *****44 *****19 *****16 *****1S *****48 EXPORT NEPtME SON BHD P Ketanf K Lumpur *****33 NEPTUNE Pmm j dakru *****5 ?***** *****0 *****1 *****1 *****2 |IMPORT| FEEDER VSL772 words
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Advertisement314 1989-01-26 31 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG, PENANG, KEELUNG, BUSAN, INCHON Vassal's Nam* ETO BS S PORE PKLG KEE BUSAN MO DRAGNET/901N 25/12 02-0301 31/11/2 10-10/02 lft-17/02 17H tGLORIA/SOIN 2S/01 08-07/02 01 »/02 17-17/02 22-24/02 23/1 *NO J OONAMfIOI 30/01 10-14/02 17-11/02 2t-*/02 (B-06/03 04/1 NO I314 words
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Advertisement271 1989-01-26 31 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST POUT KELANC PENANG BANGKOK HONG KONG CNINA KAONSIUNG KEELUNG jsniita tsatm mi 1/2 27/1 A 31/1 27/1 31/1 nai in 2>/lft 7/2 MANILA BUSAN TOKYO KOBE NAGOYA YOKOHAMA JAKARTA 25/1 ft 2>/l 2*l* W 29/1 7/2 2J/lft 7/2 2J/1 ft271 words
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Advertisement895 1989-01-26 31 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 ***** PENANG P. KELANG MESSRS MAI THONC SNIPPING 127 Pew* Street. Penjng. Malaysia M/S HANDLING SYSTEM CO SON895 words
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Page 32 Advertisements
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Advertisement259 1989-01-26 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/8 SSCAO r DSR-LINES VEB DEUTPRACHT SEEREEDEREI ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE HIA LARNACA ACCEPTIN6 CARGO FOR UMASSOL BEIRUT, LATTAKIA259 words
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Advertisement71 1989-01-26 32 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TSKLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. HERMES ACE Vl7 ETA SIN 29/1/S9 > KAOHSIUNG KEELUNG -> TOKYO SHIMIZU NAGOYA KOBE 4 DAYS! 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS TSKLINE AGENCIES (S) PTE LTD TEL:71 words
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Advertisement54 1989-01-26 32 TIENTSIN MARINE SHIPPING CO. (DIRECT NMGANC SERVICE) Ql/W UHWCD LOADING TO Or\T nUVtrx pk m xinganc/bcuing SIN 1/2 HONGKONG ACCEPTING B/BUIK SOC COC CONTR PROJECT CGO OTHER PORTS ON ENQUIRY agents KYC LINE (S) PTE. LTD. <SP) TEL 225*353 TLX: R3 2»'M KVCL FAX *****27 (KL) TEL: 753M22 TLX: RS54 words
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Page 32 Miscellaneous
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Miscellaneous163 1989-01-26 32 Regional Weather 2 a r S a a. 5S 41 15 *C yA a SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Jan 26, 1989 LEGEND R Thunderstorm T.mperoture •<, X\ V Shower Weothff Wind <V(CtKy> »rth speed knots Ro«n Cloudy Sk, W l h W«C# W*f%6% ore >Ad<oted by163 words
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Page 33 Advertisements
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Advertisement625 1989-01-26 33 SnlrrlWli liMJiio. i nuisua*, "ouuai j to f•FARGO SHIPPING fT Te1:224 0122 SIT DESTINATION ETA SINGAPORE M'MVJ JARU BHUM PtYA BHUM SiRI BHUM POUT KELANG (FCL, LCI) HONG KONG KEELUNG, KAOHSIUNG JAKARTA (FCL) TOKYO, KOBE, BUSAN (FCL) KARACHI, BOMBAY. COLOMBO (FCL) 2SON 29/1 29/1, 7/2, 14/2 29/1, 7/2, 14/2, 21/2,625 words
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Advertisement349 1989-01-26 33 i n§p RICHFIELD MARINE AGENCIES (S) PTE LTD m TEL *****33 (10 Linesl FAX ***** 15 TELEX RS ***** RISHIP (3 Line.) IPS LINE CHTTGOWG/CALCUTT A/CBO/KAR ACHI REGULAR CONVENTIONAL UNER SERVICE sr-sr as»-r vt WIK PAKISTAN NATIONAL -vSsßr SHIPPING CORP., KARACHI. MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI349 words
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Advertisement560 1989-01-26 33 Tatsumi Marine DIRECT BAMJNQ TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports subtect to inducement (also accepting transhipment cargo OROBA Y, MA DANG. KIETA. WEWAK KIMBE RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Ttl: *****77, *****34, *****71 m. arret m marine wmccs ptl im (fmo til560 words
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Advertisement106 1989-01-26 33 FREIGHT SERVICES Til; ***** M Th: ***** CflW FA! 8417tt TORONTO/VANCOUVER LOS ANGELES/NEW YORK ROTTERDAM/HAMBURG FELIXSTOWE/LONDON SYDNEY/MELBOURNE FREMANTLE P. MORESBY/ LABI RABUAL COLOMBO HONGKONG/CHINA BANGKOK KEELUNG/KAOSHIUNG MANILA RII4AM P. KELANG/PENANG TOKYO/YOKOHAMA JAKARTA BOOKING: 10/2/89 8/2/89 1/2/89 1/2/89 4/2/89 13/2/89 8/2/89 31/1/89 31/1/89 29/1/89 29/1/89 29/1/89 1/2/89 1/2/89 9/2/89 31/1/89 PLUSCOL106 words
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Advertisement224 1989-01-26 33 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 Q IRAQI LINE I) 'in AC St »0» MV ALKINDI MV SINDBAD EAST BOUND SERVICE ETA S PORE LOADING FOR 25/2 Japan WEST BOUND SERVICE 5/2 UN Qw/t»lilNlliM^ THROUGH 8/L» to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA224 words
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Page 34 Advertisements
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Advertisement381 1989-01-26 34 Hai Sun Hup Co (Pte) Ltd r EI *****06 (20 Lines, TLX HS ***** A RS ***** \MlK\i \K MM K Ml) STMITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! Hang Kong Yokohama 27/2 Nagoya 24/2 Santoku Funabashi MOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE PORTS, SUBJECT381 words
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Advertisement380 1989-01-26 34 YANG LINE EXPRESS FAR EAST/EUROPE FULLY CONTAINERISED SERVICE WESTBOUND SJ> LH IN Ml I HAH!IN ROTTERDAM IW V 2 22/2 23/2 24/2 2 KOREAN JACEJIN 47* 11/2 1/3 W3 MP QUEENS*AY MIDGE 7* 4/3 22/3 23/3 24/3 CHO YANG PARK 1W 11/3 2*/3 30/3 31/3 Alto KM*!* for Inland UK380 words
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Advertisement446 1989-01-26 34 mi U P.T. MASKAPAI PELAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER 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 VSL MANDIRI PUL ADIL TANAH AIR446 words
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Advertisement541 1989-01-26 34 TZ &&■<■ :0: <2 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 /M WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEOCR M''::-v:"iMH'v vi«n.:'V'M'V 'Ikii: TT7T rrr rrm B. BUTANC Sa B. BUTANC SO B.541 words
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Insurance
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Article, Illustration600 1989-01-26 35 SOH TIANG KENG - By SOH TIANG KENG Financial Correspondent THE Singapore Government has accepted the Economic Committee's recommendation that Singapore should develop into a premier financial centre by becoming the management and distri bution point for financial services in this region. And the insurance industry is an integral part of this600 words
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Article, Illustration659 1989-01-26 36 SOH TIANG KENG - THE OMBUDSMAN COMMITTEE By SOH TIANG KENG THE INSURANCE OMBUDSMAN Committee (IOC), formed 17 months ago to strsighten out disputes between insurers and policyholders, is serving as a "psychological deterrent" to keep insurers in line. This is evident from official figures659 words
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Article316 1989-01-26 36 DEXTER LEE - TRAVEL INSURANCE By DEXTER LEE INTERNATIONAL BUSINESS end tourism reach even the remotest outbacks in this modern age of global travel. Comprehensivs travel insurance coverage has, as a result become the norm. But sudden illnees, in many places, can lead to tragedy simply because316 words
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762 1989-01-26 36 KOH BEE CHYE - OVERVIEW By KOH BEE CHYE By KOH BEE CHYE, Prttkknt of the General Insurance Association of Singapore INSURANCE OPERATIONS in Singapore are governed by the Ineurance Act (Cap 192) which is administered and supervised by the Monetary Authority of Singapore. Altogether, there were 90 registered762 words
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Article, Illustration1079 1989-01-26 37 B P GUPTA, ALAN STREET - Actuaries play vital role By B P GUPTA, ALAN STREET B P Gupta is manager and chief actuary of the Asia Life Aaauranca Society Ltd. Alan Street ia preaident of Singapore Actuarial Society. AN ACTUARY is a business professional who uses mathematical skills to1,079 words
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Article933 1989-01-26 37 M C Hannan - By M C Hannan M C Hannan, Manager for Singapore, New Zealand Insurance Company THE MAIN FUNCTION of insurance is risk-bearing. The financial losses of the individual entity are equitably distributed. In fire insurance, for example, the policy-holders pay premiums into a common pool,933 words
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Article, Illustration777 1989-01-26 38 GARY BUCKINGHAM - PROFESSIONAL INDEMNITY By GARY BUCKINGHAM Managing Director of AIU (Singapore) MANY OF US think we sre professional at what we do for a living. And indeed we are. Otherwise, why would our employers pay us for what we do? That is one definition. If you are777 words
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Article, Illustration834 1989-01-26 38 CHAN SECK CHUN - WORKMEN'S COMPENSATION By CHAN SECK CHUN Manager for Singapore Qanaral Accident Flra A Ufa AMuranoa Corp WORKMEN'S compensation is a legal requirement tor an employer to pay compensation to his employees tor death or injuries suffered by his employees as a result of accidents arising out ofSource: Insurance Commissioner's Office - 834 words
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1243 1989-01-26 39 NICHOLAS C RHODES - Aids a serious problem plaguing life industry It would... be dangerous to assume that the virus will bypass Asia and it is quite possible on current evidence that the number of cases could increase in the same way as in America, but with a time lag of about seven years.1,243 words
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1196 1989-01-26 39 PAUL FRANKLAND - By PAUL FRANKLAND By PAUL FRANKLAND, Singapore Branch Manager of Commercial Union Assurance IT IS ONE THING to buy motor insur- i ance. But understanding it is quite another thing. Few motor vehicle owners fully understand how much, or exactly what, i cover1,196 words
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Article, Illustration1131 1989-01-26 40 NG SENG LEONG - By NG SENG LEONG General Manager, Insurance Corporation of Singapore IFE INSURANCE compaBnies in Singapore have been in bueineta for many decades. Even now, as in the past, they provide valuable financial security to the family of the assured against contingencies of untimely death and a1,131 words
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Article, Illustration1102 1989-01-26 40 TAN KIN LIAN - By TAN KIN LIAN General Manager, NTUC Income MANY PEOPLE are familiar with life insurance. They pay a small sum of money as premium each month towards s life policy. In the event of premature death of the insured person, a large guaranteed sum1,102 words
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Article850 1989-01-26 40 Gsorgs C Chung - By Gsorgs C Chung Presktont of ths Life Insurance Association, Singapore SINGAPORE'S life insurance industry during the last dscsds. has achieved tremendous expansion in line with the growth of the Singapore economy. Provided that the US economy achieves stability and continued growth, the outlook for Singapore's economic850 words
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Article622 1989-01-26 41 ROLFSTON CHIA - By ROLFSTON CHIA By ROLFSTON CHIA, President of the Life Underwriters Association of Singapore and Group Sales Manager of Great Eastern Life THE MARKETING of life insurance policies in Singapore has traditionally been undertaken largely by agency forces of individual companies. Today, however, the public is622 words
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1776 1989-01-26 42 IAN LANCASTER - Insurance broking future directions By IAN LANCASTER Regional Manager, Citicorp Insurance Brokers THERE HAS BEEN considerable attention paid to the role of insurance intermediaries over the past 10 years, reflecting the many changes that have taken place in the insurance industry as a whole. Self-regulation has given way to statutory1,776 words
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Article, Illustration855 1989-01-26 42 LIM LAM SENG - By LIM LAM SENG Marine Business Consultant, Singapore Reinsurance Corporation THE SHIPPING SECTOR will readily lay claim to its importance in international commerce and trade. But no shipowner would care to expose his ships to maritime perils without some form of hedging. Similarly,855 words
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820 1989-01-26 43 WINNIE TAY - By WINNIE TAY By WINNIE TAY, General Manager, Singapore Information Technology Pte Ltd THE RESULTS of a survey conducted by the Monetary Authority of Singapore in 1965 show that computer equipment was being used by sbout 77 per cent of the insurance companies820 words
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Article, Illustration914 1989-01-26 43 WILLIAM GOH - By WILLIAM GOH Director, Singapore Insurance Training Centre THE SINGAPORE insurance industry is poised for furthsr growth in the 1980s. The vast potential, especially in life insurance, means that there will be a demand for more and better qualified insurance personnel. To meet this demand,914 words
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1041 1989-01-26 45 JAMES CARTER - Risk management a tool for growth By JAMES CARTER Managing Director off Alexander Stenhouse RISK MANAGEMENT is a modern, sophisticated tool used by most major public and private corporations throughout the industrialised world. In simple terms, risk management is defined as the identification, quantification and prevention of thoee events likely1,041 words
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1063 1989-01-26 45 Y S KONG - By Y S KONG IG, Acting Principal Officer/Manager of Munlchße Singapore THIS ARTICLE aims to give an overall view of three of the main branches of engineering insurance available in the market to meet the insurance needs of the various branches of the1,063 words
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Article, Illustration876 1989-01-26 45 VIJAYA VIVEKANANDA - By VIJAYA VIVEKANANDA Claims Manager, Insurance Company of North America IF YOU ARE a strata tttla property owner, any insurance policy you tako out on your property will coma under the ambit of the Land Titles (Strata) Act Cap 158 Revised Edition 1068. A876 words
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Article, Illustration959 1989-01-26 46 PHUA KIA TING - By PHUA KIA TING General Manager, Singapore Reinsurance Corp Ltd IN RECENT YEARS, competition in the international reinsursnce industry has brought about some structursl changes. One of these changes seems to be a movement towards "mega-reinsursrs". For the past few years, there has been s fair number of959 words
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635 1989-01-26 46 ROSS BOVILL - By ROSS BOVILL Chief Executive, Sedgwick Menegement Services Pte Ltd SINGAPORE'S growth as a domicile for captive insurance and reinsurance companies has been dramatic over the last four years. Beginning from a base of three in 1964, there are now 30 captive insurance635 words
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Advertisement120 1989-01-26 35 Home Multicover Office Mufticover Manufacturers Multicover Shop Mufticover F&B Mufticover Surgery Multicover Creche Multicover Holiday Multicover NW/: MULTICOVER POLICIES THAT FIT YOUR NEEDS Whether you are buying it or selling it, insurance must fit your needs to do any good. Fortunately, Norwich Winterthur has insurance policies that do just this120 words
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Advertisement300 1989-01-26 35 Inside Dealing with disputes: 2 An up-to-date report on the Singapore Insurance Ombudsman Committee All about actuaries: 3 A close look at this esoteric profession Insurance for professionals: 4 How doctors, lawyers and architects can protect themselves What about Aids? 5 The industry is weighing the grim implications LIA president300 words
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Advertisement140 1989-01-26 36 v V v "fx- '1 W? .d* 1 Mhf -v<*; > ftfiS,' ■w >;# vs \S* > i&IIJI 3*£ p 4/'}*'.' •>>..' v hM ->T ,B 2? >4- «£g;-< SK» > r gHjipf., > *3 K.*£ 5* :V* ••?>*-V' rl jjfo t |j§ > £$> A Ta I 1 I140 words
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Advertisement124 1989-01-26 37 The 21st century. It's only a few years away! So have you thought what it will be like how its changes will affect you? How will you face the exciting challenges to come? Your first job. Your marriage. Educating your children. Financial security for your retirement. With the right financial124 words
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Advertisement172 1989-01-26 38 AN INCOME FOR LIFE Are you getting $53,100 and more from your CPF minimum sum? With NTUC INCOME'S Special Annuity Scheme, you can. Special Annuity When you invest your CPF minimum sum in our Special Annuity, INCOME pays you* from age 60: $295 per month for a guaranteed period of172 words
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Advertisement182 1989-01-26 38 j§r East West-USI Insurance Pte Ltd A member of the Sime Darby Group Having grown in strength to become one of the leading general insurance companies in Singapore today, we stand poised to meet the future with fresh vigour, dynamism and a new name. United Singapore Insurance Co (Pte) Ltd182 words
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Advertisement80 1989-01-26 39 Take advantage of our 30 years of experience Over Ssloo million assets backing Professional insurance advice by highly qualified staff Very competitive rates Association with the OUB Group a OVERSEAS UNION INSURANCE, LIMITED mm MB t rpz Ni -> V ■r A rI f V V. ->■ •a! Call 22580 words
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Advertisement190 1989-01-26 40 Jtt I e m unvM Has your job lost the challenge it once had? Is your career at a standstill? Wouldn't you welcome the chance for a fresh start? If your answer is yes, read on. ft new beginning with Manulife. ManuLife can offer you career satisfaction and stimulating financial190 words
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Advertisement329 1989-01-26 41 MEDISAVE is only enough to cover the costs of minor illnesses Lt iII 111 M i *****111 it it lilil il *****11I»*****111II U i UUiU ICS CATASTROPHIC MEDICAL INSURANCE can cover even the high costs of major, long-term illnesses ULliUilllU ftVVVVfVViVVVVVVVSVVVIVVVVIVIVVVI ft ICS Catastrophic Medical Insurance starts where Medisave stops.329 words
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Advertisement132 1989-01-26 42 Our Service is built on fruit You can trust us to provide a sound ffk and efficient sen/ice just as a lot of people have, cfckss- We ca "Settee Built On Trust". I That's what our dedicated team of professionals A z are known or Si;*; Always at hand to132 words
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Advertisement72 1989-01-26 43 .Overseas ra Assurance l£S (Established 1920) offers you a wide range of coverage including: FIRE MARINE ACCIDENT ENGINEERING ALL OTHER CLASSES OF GENERAL ASSURANCE LIFE ASSURANCE A tradition of expertise and service your claims can count on, backed by solid financial security. The Overseas Assurance Corporation Limited Head Office: 138,72 words
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Advertisement111 1989-01-26 43 CAN COMPUTER PEOPLE EVER. EVER UNDERSTAND INSURANCE NEEDS? WE THINK WE CAN! Apex Systems The Insurance Specialist AND SO DO SOME PEOPLE YOU MAY KNOW a Ce Ltd ran Ltd PLC LUIIH ifif icttnaMt 4m Mt i» uhiwii wvo nvMi nvOT Wm v vv# Mi liSifMCt, Hm| Kofli XrGEN (GENERAL111 words
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Advertisement312 1989-01-26 44 Eom cinnamon to the San Ehancisco eartLquate to semiconductors,, it lias keen kusmess as usual lor tKeSWU. The lirst Royal Insurance agency was appointed in Singapore. The English and Europeans were adding spice to their lives, and food, as ships carrying this precious cargo arrived on their doorsteps from the312 words
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Advertisement224 1989-01-26 45 The Good Things In Life-You Earn Them, Provincial Insurance Help You Keep Them. Industrial AH Risks Contractor All Risks Performance Bond Workmen's Compensation Public Liability Goods In Transit Fidelity Guarantee Money/Plate Glass W& > A /a »ei^^ f m 9 Fire and Burglary Business Interruption Retailer/Clinic Package Eating House Package224 words
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Advertisement346 1989-01-26 46 C 5 OQ ffl IV-- £7 C? O O o 0 <£> oo c o O y c) r r v ■-v: oO c &®O o O O y.V'i O o o 4 5C &S ><. *5 M B^s W J V > s K <P o o i **>346 words
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