The Business Times, 2 February 1989
1989-02-02
1
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The Business Times
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Title Section11 1989-02-02 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, FEBRUARY 2, 1989 75 CENTS11 words
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Article198 1989-02-02 1 Dow down WALL STREET stocks fell in early trading yesterday with both the dollar and US bond prices lower. The Dow was off seven at 2336 and declining issues led gainers by five-to-three. Reuter Footsie down LONDON share prices were down, although off the morning's low point,198 words
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Article111 1989-02-02 1 THE AUSTRALIAN DOLLAR yesterday rose to nearly U550.8920 in early European trading in spite of comments by Prime Minister Bob Hawke that the Australian government was not tightening monetary policy any further at this stage. Earlier in Sydney, the Aussie dollar ended at US$O.B9OO, up from Tuesday's111 words
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Article, Illustration271 1989-02-02 1 WALL STREET'S overnight rally failed to inspire the Singapore market as investors took profits ahead of the long Lunar New Year weekend. The Straits Times Industrial Index ended marginally higher at 1,137.01, up 3.69 points after hitting a morning high of 1,141.29. The Business Times271 words
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312 1989-02-02 1 WING TAI HOLDINGS Ltd's public offer closed yesterday with a subscription of about 45 times, soaking up some $2.25 billion of application monies. The results have turned out to be a pleasant surprise for Singapore International Merchant Bankers Ltd, the manager of the312 words
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Article125 1989-02-02 1 AFP JAPANESE business leaders on Tuesday reaffirmed their commitment to the General Agreement on Tariffs and Trade (Gatt) and pledged to increase Japanese investment abroad. Addressing the World Economic Forum in Davos, Switzerland, Takuji Matsuzawa, a vice-chairman of the Japanese industrial council, said that Japanese businessmen wereAFP - 125 words
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117 1989-02-02 1 AFP PRIME MINISTER Noboru Takeshla plans to tour Asean in late April to promote their relations with Japan, Jiji press agency reported yesterday. The report, quoting sources close to Mr Takeahita, said he had strong hopes of a tour of Thailand,AFP - 117 words
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529 1989-02-02 1 LILIAN ANG - Contractors upset by sudden increases By LILIAN ANG SUDDEN AND SHARP increases in cement prices driven by an increase in raw material prices and a worldwide short supply have created an uproar in the local construction industry. Contractors as well as ready-mixed concrete529 words
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Article, Illustration344 1989-02-02 1 ELAINE KOH - By ELAINE KOH PICO ART International, a rapidly expanding home-grown international exhibition services company, is investing an estimated $10 million in a new headquarters in Kallang. Pico, headed by the Chia family, was the winner of the Enterprise Award for 1968 which was presented344 words
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166 1989-02-02 1 Reuter PRESIDENT George Bush's selection of veteran diplomat Michael Armacost as the next US Ambassador to Tokyo is a signal to Japan that he regards their relationship as highly important. State Department officials said on Tuesday that Mr Bush had chosenReuter - 166 words
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542 1989-02-02 1 ASAD LATIF - By ASAD LATIF Foreign Editor WHAT happens outside, around or in between speeches at a seminar is sometimes as important as the speeches themselves. At the three-day UN-organ-ised discussion here on "The Palestine Issue", all eyes were542 words
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Page 1 Advertisements
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Advertisement93 1989-02-02 1 Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; *****22 Kuala Lumpur: Phone; *****33 Penang: Phone; *****5/*****1 Jakarta: Phone *****5 II 4« Showroom and Service Centre L>| a p c I #02-26/27 HHton International 1 1 Singapore Tel *****55 SINGAPORE PTE LTD Authorised Dealers: Cortina Watch93 words
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Advertisement201 1989-02-02 1 Full report, PAGE 16 Regional mkts, PAQE IS World mkts, PAQE 19 Editorial Comment: ....................10 Time to set foot outside the circle Pico Art 10 The art of business China and Soviet Union 11 Preparing for Sino-Soviet summit SMEs 2 How computerisation can help Takeahlta's US visit 4 Talks on201 words
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Advertisement7 1989-02-02 1 Palestine Issue can be resolved, PAGE 207 words
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Advertisement184 1989-02-02 1 ftodenstoch Quality before your eyes Th« art of bu>ln—, PAQE 10 v.; *4*l A lp This ad is KA i»i -i •■/■>"•.; TesPwfißwß f ■■■■m •f -v (It takes less than 30 seconds to read and we've underlined the main points for you.) A PRIMES Now you don't need a184 words
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HOME NEWS
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471 1989-02-02 2 JEFFREY TSANG - Seminar highlights how some firms have benefited By JEFFREY TSANG TWO YEARS AGO, Utopia-Aire took up the Small Enterprise Computerisation Programme (SECP) to help it improve its operations. Today, the company to no longer a small or mediumsized enterprise. In fact the company,471 words
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Article, Illustration532 1989-02-02 2 THE FIRST of a new wave of manufacturing investments by the largest Japanese investor in Singapore is starting to flow in. Matsushita Denshi, part of world consumer electronics leader Matsushita, is shifting 20 per cent of its Japanese fluorescent lamp production to a532 words
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Article149 1989-02-02 2 AMERICAN multinational Honeywell has moved into new premises at the PUB Building in Somerset Road. The office, which is the South-east Asian regional headquarters of Honeywell Inc, is responsible for the marketing sales, engineering, installation and maintenance of Honeywell control systems and products in 15 countries149 words
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223 1989-02-02 2 SINGAPORE TELECOM employees have been given a reassurance that none of them will be retrenched as a result of the restructuring plans announced by the statutory board on Tuesday. Union officials contacted by BT said that they had been given the reassurance in a meeting223 words
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216 1989-02-02 2 SHELL, the largest oil refiner in Singapore, is functioning at only about half its capacity after one of its crude oil processing units broke down over the weekend. A Shell spokesman, who confirmed the closure, said the shutdown of its crude distillation unit216 words
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Article453 1989-02-02 2 Seminars arid fjp CAHNERS EXPOSITION GROUP Courses j Tel: *****13 Tlx: RS ***** CEGSP Fax: 27*4666^ Dot* Event Venue Organiser Phone no Fob 20-22 Fundamentals of Hyatt Hotel Moxitrends *****31 Financial Instruments Feb 22-23 How to Prepare Hyatt Hotel Eastern *****35 Strategic Marketing Consulting Plans Group Pte ltd453 words
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Article, Illustration425 1989-02-02 2 RAJ KAUL has been appointed general manager of the newlyregistered Benmark Pte Ltd. Benmark is a subsidiary of FJ Benjamin Sons. A graduate in Arts and Law, Mr Kaul also has an MBA from the Asian Institute of Management. He has extensive experience in marketing communications, advertising425 words
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423 1989-02-02 3 DUTCH Foreign Trade Minister Yvonne van Rooy yesterday allayed fears that Western Europe would become a commercial fortress with the proposed market union from Jan 1, 1993, saying that EC countries could ill afford to go protectionist. The 12 countries423 words
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651 1989-02-02 3 WILLIAM CHIA - By WILLIAM CHIA LISTEO finance company Sing Investments and Finance Ltd has been restrained by a High Court injunction from selling off a mortgaged property at Paya Lebar. The interim injunction was taken out late last month by Mr Tan Yong Chiew who is651 words
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Article352 1989-02-02 3 SEVEN out of 10 Ngee Ann graduates had more than one job offer when they entered the job market last year, according to a survey by the Ngee Ann Polytechnic. The survey, carried out in September last year, found that many of them were352 words
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Article, Illustration512 1989-02-02 3 DAVID CHEW - Malaysian Foreign Minister suggests renewal of old boys' network By DAVID CHEW of the Foreign Desk MALAYSIAN Foreign Minister Datuk Haji Abu Hassan Omar said here yesterday that the atmosphere of mistrust and suspicion that had clouded Malaysia-Singapore relations in earlier years was512 words
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207 1989-02-02 3 JOHN THOMAS - -by JOHN THOMAS THE FOREIGN MINISTERS of Singapore and Malaysia agreed yesterday to delay by two months the transfer of 6.7 hectares of Malayan Railway land to Singapore for the Republic to expand its Customs and Immigration complex at207 words
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Page 2 Advertisements
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Advertisement123 1989-02-02 2 7}.+ rv k V f y/V* Scalpel...scissors...sutures...BusinessTimes Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well informed to maximise returns on your money. In the same way a surgeon needs his tools to operate, he needs Business Times to help him make sound investments. Fluctuations123 words
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Advertisement10 1989-02-02 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day10 words
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Page 3 Advertisements
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Advertisement106 1989-02-02 3 —WW nw IWTOQII 9«IU UIOI was JVllliny VACHERON CONSTANT! N Geneve Mailre-Horloger. En I'lle depuis 1755 >*a m r*?Wv%. >ct aMp 9 rSi jits ■t >X--y -J? Skeleton Gents. Model ***** 18k gold, roman numerals with crocodile strap. Manual Recommended retail price: $21,100 >■ f b r < s; V106 words
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ASIA-PACIFIC
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506 1989-02-02 4 Majority of lawmakers want Chief Minister Azad to resign UPI INDIAN PRIME MINISTER Rajiv Gandhi on Tuesday faced the moat serious revolt within his Congress (I) Party since he assumed office, with a majority of the party's lawmakers in eastern Bihar boycotting the stateUPI - 506 words
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300 1989-02-02 4 Bernama FRANCE has offered to give concessional loans to Malaysia for some projects to be undertaken by French companies with Malaysian firms. A meeting would be held as soon as possible between the ministries of finance of both countries to specifyBernama - 300 words
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291 1989-02-02 4 Bernama DATUK Musa Hitam's decision to join New Umno will help ensure Malay and national political stability, party vice-president Datuk Abdullah Ahmad Badawi said yesterday. The move by the MP for Kola Tinggi would also complement efforts by Prime Minister and New UmnoBernama - 291 words
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181 1989-02-02 4 AFP FRANCE is in a "very good position" to play a greater role in helping bring about a solution to the conflict in Cambodia, the newly-appointed Vietnamese ambassador to Paris says. In an interview this week with AFP, Ambsssador Pham Binh saidAFP - 181 words
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143 1989-02-02 4 AFP THE JAPANESE worked an average of 2,111 hours last year, unchanged from the previoua year despite government efforts to cut working hours, the Labour Ministry said in its annual survey released on Tuesday. The ministry also announced that the monthlyAFP - 143 words
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Article, Illustration287 1989-02-02 4 Reuter JAPANESE Prime Minister Noboru Takeshita arrived in New York on Tuesday night for a visit during which he will have talka with President Bush on trade and other sensitive issues. Mr Tskeshita, the first major foreign leader to meet PreeidentReuter - 287 words
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226 1989-02-02 4 Reuter JAPANESE newspspers said yesterday that cabinet ministers had undervalued their wealth in figures disclosed earlier this week, end several had assets worth 10 times the smount published. In the official figures published on Tuesday, Construction Minister Hikosaburo Okonogi emerged as the wealthiestReuter - 226 words
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178 1989-02-02 4 Reuter NEARLY half of Hongkong's professions! people want to leave the British Colony before China takes back control in 1997, according to a survey published yesterdsy. Forty-six per cent of professional households plsn to emigrate to a country with a clearer political future,Reuter - 178 words
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Article, Illustration275 1989-02-02 4 AFP THE PHILIPPINES and the United States can reach a compromise on the military bases issue, Australian Foreign Affairs and Trade Minister Gareth Evans said in the Philippines yesterday. Mr Evans, who met President Corazon Aquino and other senior officials during a visit toAFP - 275 words
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353 1989-02-02 4 AP SOUTH KOREAN business tycoon Chung Joo-Young has reached an agreement with North Korea to jointly develop a North Korean tourist resort and undertake projects in the Soviet Union, Pyongyang's official media reported yesterday. The Korean Central News Agency, monitored inAP - 353 words
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336 1989-02-02 4 UPI A PHILIPPINE court has convicted on swindling charges two agents of a panel formed to recover the alleged ill-gotten wealth of ousted ruler Ferdinand Marcos. It also warned the government against hiring people interested only in joining the "gravy train". The anti-corruption court handedUPI - 336 words
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141 1989-02-02 4 Reuter JAPAN'S 51 major construction firms had record orders totalling 16.90 trillion yen in value in calendar 1988, according to preliminary figures, the Japan Federation of Construction Contractors says. Orders in 1988 rose 23.3 per cent from the 13.71 trillion yen in 1987, theReuter - 141 words
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Article914 1989-02-02 4 ARRIVALS Operator Sorvic* numb* Loco r Mm# 1 From 1 ALK SU 1X454 0015 CM8 SQ11 0115 LAX/MtT KAL KE697 0220 sa TMA TL351« 0430 KY/SHJ/KUL MAA IAC IC555 0655 SU SQ41! 0740 •OM MAS MH640 0820 KUL MAS MH651 0910 HN MAS MH630 0920 KUL ACA914 words
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Page 4 Advertisements
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Advertisement32 1989-02-02 4 SPECIAL PROMOTION SUPER QUALITY, HANDMADE CHINESE CARPETS ine JVr>« IjQ !,r w ,io» 12-0 i.oe Wool SuK P:,'.- SilK wno p P s )n Qe- .;n 60% GUARANTEE. IF OVERPAID DIFFERENCE REFUNDED32 words
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Advertisement39 1989-02-02 4 The business person's choice ewery Tuesday, rhursdav Saturday and Sunday. Leaving Airport at 22:05 hours and arriving at Lester B Peanon International Airport the following day. Cjllvour Trjvcl Agent or Air Canada it 7J*****. A BREATH OF FRESH AIR39 words
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Page 4 Miscellaneous
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Miscellaneous160 1989-02-02 4 v/"'^ 'JJ'S/Sj City Do/ Amsterdam Athens >, j,. Donram Bangkok Beirut Belgrade ro 25/14 Rne 06/01 Oowdy 09/05 O«or 19/13 dear 32/23 dear 33/28 Ooudy 02-06 Clear 15/07 Sunny 01-02 Ooudy 08/04 Rain 22/17 Cloudy 05/02 Fog 27/21 Fkw 02-02 Ont 02-02 door 27/18 Clear 16/07 Cl*ar 12-20 Snow Singapore160 words
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REST OF THE WORLD
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230 1989-02-02 5 UPI INFLATION In the 12-nation European Community averaged 4.4 per cent in 1988, against only 2.6 per cent in 1987, the Community's statistical office Eurostat said. In December, consumer prices rose an average 0.3 per cent in the Community,UPI - 230 words
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293 1989-02-02 5 UPI THE EUROPEAN COMMUNITY'S Executive Commission welcomed the findings of a General Agreement on Tariffs and Trade panel that a US ban on imports of aramid fibres from the Netherlands is incompatible with Gatt rules. "The panel accepted the Commission's viewpoint thatUPI - 293 words
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Article, Illustration525 1989-02-02 5 Reuter US FEDERAL RESERVE chairman Alan Greenspan said his tough stance against inflation had improved the outlook for the economy but warned of problems ahead unless the federal budget deficit was cut sharply. Mr Greenspan, testifying to the Joint Economic Committee of Congress, ruledReuter - 525 words
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263 1989-02-02 5 UPI MORE THAN half of the American businessmen who responded to a survey said they believe forsign investment in the United States helps the economy, while 14 per cent see it as a threat. Thirty-one per cent of the respondents think foreign investmentUPI - 263 words
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Article476 1989-02-02 5 AFP THE European Community's executive is to propose an EC-wide withholding tax on savings income, but will not seek an end to bank secrecy to try to prevent capital flight. Diplomatic sources in Luxembourg said yesterday the proposals were outlined in a meeting between MrsAFP - 476 words
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134 1989-02-02 5 Reuter A POWERFUL new drug that can boost a cow's yield of milk by up to 30 per cent may turn the heat up in a trade row between the EC and the US over hormone-treated meat. The substance is bovineReuter - 134 words
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248 1989-02-02 5 UPI THE SOVIET UNION is to scale down its national military draft by about 25 per cent to meet the proposed cuts in troop strength promised by Soviet leader Mikhail Gorbachev last December. The Soviet Union drafts approximately two million menUPI - 248 words
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295 1989-02-02 5 UPI BITTER COLO connected with the strongest high pressure system ever recorded in North America held its grip on Alaska on Tuesday, disrupting flights, shipping, driving, heating, schools, military manoeuvres and all aspects of life on the "last frontier". Thirty-seven soldiers suffered frostbiteUPI - 295 words
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135 1989-02-02 5 AFP THE FEDERAL Aviation Administration (FAA) has ordered US airlines to inspect ail Boeing aircraft built in the past eight years for faulty wiring. In its most exhaustive inspection order involving cross-wiring and cross-plumbing on aircraft, the FAA on Tuesday gaveAFP - 135 words
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Page 5 Advertisements
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Advertisement112 1989-02-02 5 E£9HHNHHMMH9i£Si£ ■■■MnMHHMMOHHBni U.S. Corn-fed Chilled Beef V Savour the best of U.S. Corn-Fed beef exclusively Airflown direct from the famous Harris Ranch of California. Served in a way only Jack's knows best, dripping with tempting, mouth-watering flavour in your favourite cuts of Tenderloin, Ribeye, Striploin orT-bone... ideally grilled just for112 words
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Advertisement7 1989-02-02 5 Trans Alaska plpsllns throughput rsstorad, PAGE 87 words
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Advertisement225 1989-02-02 5 m in yourself for a return of $26,460 You're young and thinking about making an investment. You've heard about stocks, bonds, commodities, financial futures and the whole lot of savings schemes offered by banks. Then consider this as well. The most secure investment you can make is one that is225 words
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Page 5 Miscellaneous
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Miscellaneous91 1989-02-02 5 Doonesbury UJE SAY ENOUGH IS ENOUGH! people ARE TIREP OF BEING AS6AUU ED ANP HARASSEP AND TAXEP JUST BECAUSE THEY UKETO F/1 5 a A \T SMOKERS HAVE RIGHTS, TOO.' MP ONE OF THEM IS THE RIGHT TO SMOKE DELIVER/ SYSTEMS MTH CONTROVERSIAL INGRE DtENTSTHOTMAY OR MAY MOT > BERELATEP91 words
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MONEY AND EXCHANGES
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437 1989-02-02 6 AP THE STRENGTH of the Canadian dollar, trading at seven-year highs, is surprising forecasters and raising fears among exporters about their ability to compete internationally. "We're starting to reach a point when it could well become negative," Mr L James Taylor, president of theAP - 437 words
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Article, Illustration1364 1989-02-02 6 SINGAPORE: Fed Chairman, Alan Greenspan's reiteration of his anti-inflation stance before the Joint Economic Committee, provided the excuse for another binge of US dollar buying in New York. Asia spent the day consolidating as the dollar ranged between D-mark 1.8790/1.8720. yen 130.65/130.20, sterling 1.7541/1.7502 and 551.9354/1.9337. It cloeedSources: OCBC, Republic National Bank of New York (S) Ltd - 1,364 words
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Article115 1989-02-02 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****W 4.05.89 3.76 3.71 3.85 3.67 6 month» BY*****S 20.07.89 3.97 3.92 3.92 3.92 1 year BY*****H 23.11.89 4.05 4.00 4.02 4.02 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing115 words
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Article59 1989-02-02 6 THE OVERNIGHT rate on the Singapore money market fell by 5/8 point to close at 4-3/4 per cent yesterday. Short term rates remained unchanged. S$ Interbank rates at the close yesterday: OflH WO nigM 4 3/4 4 1/2 l-MMk 5 3/S 3 1/4 }-mor* 3 3/8 3 1/459 words
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242 1989-02-02 6 Bernama BANK NEGARA has rtluiad three new books in conjunction with its 30th anniversary which fell on Jan 26 this year. They are "Money and Banking in Malaysia 30th Anniversary Edition", its version in Bahasa Malaysia "Wang dan Urusan Bank di Malaysia"Bernama - 242 words
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Article, Illustration176 1989-02-02 6 •In die sin toe sserage st toe prims lendtog rtoss of 12 m|or banks In t'por* r Interbank market r > •tat (offar/bkf) on Fab 1 us* t DM SWfC Ym 7 4my a 1/4 9 t/« j/i* a/i* »/t 1/4 ia ia r/a ia i/i ia176 words
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Article1292 1989-02-02 6 CURRENCY FUTURES OPTIONS Wodnatdoy, Fab 1, 1989 DEUTSCHE 52 u 54 55 54 91 93 99 54 55 54 57 59 91 92 93 JABAUMI MARK Mp 1 NNP ••p (SMEX) MNMM Lav MSMl Lm 3IA I0A km M oMM La* I CM 31 4 3 um MMpM MP1,292 words
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Article212 1989-02-02 6 IMM foreign currency futures finished sharply lower on Tuesday ss expectations that US interest rates will remain high fuelled selling. The slide was sparked when Federal Reeerve chairman Alan Greenspan reiterated his snti-inflstion stance. Though expected, Mr Greenspan's statement that US monetary policy should err on the side of212 words
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Article191 1989-02-02 6 Gold futures on Jan 31, 1989 100 My aancac. USS par My am ca Opa* Lot MM* Jan 19 3*9.10 396.30 3*9-30 3*1 JO -X70 Mar 39X50 -3J0 399.70 393.10 399J0 -3J0 km 404-70 405-50 396.00 JWIOK -190 *-Q 409JO 4I0J0 404.10 406.30 -4J0 Oa ***** 416j00191 words
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Article213 1989-02-02 6 Asian dollar market ASIAN DOLLAR dtpoilt rates closed at their opening levels in quiet trade yesterday. Traders were awaiting yesterday's announcement of the US Treasury's quarterly refunding package and US December leading indicators as well as construction spending data before taking fresh positions. us$ om» MO 7 dors 9 1/4213 words
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Article428 1989-02-02 6 BA Futures MARCH Eurodollar futures opened unchanged on Simex yesterday from the previous cloetng level at 90.46. Trading was sluggish as dealers refrained from creating new poeitions ahead of last night's US leading indicator and tomorrow's US unemployment data. The March contract traded in a narrow range from 90.46BA Futures - 428 words
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BANKING AND FINANCE
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494 1989-02-02 7 ENTHUSIASM FOR LBOs MAY HAVE PEAKED NYT US TREASURY Secretary Nicholas Brady told Congress on Tuesday that there was no urgency in adopting measures to curb debt-financed corporate takeovers, adding that Wall Street's enthusiasm for leveraged buyouts might have peaked. And Mr WilliamNYT - 494 words
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407 1989-02-02 7 Reuter THE LONDON International Financial Futures Exchange (LIFFE) is planning an overhaul of its yen bond futures contract and hopes to forge a link with the Tokyo Stock Exchange (TSE), says LIFFE's chief executive Michael Jenkins. A delegation of LIFFE officials,Reuter - 407 words
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Article, Illustration317 1989-02-02 7 DEXTER LEE - By DEXTER LEE FINANCIAL INSTITUTIONS are increasingly turning to courses conducted by professional banking consultants to supplement their in-house training programmes, said Mr Chris Williams, managing director of the Sydney office of DC Gardner Co. Mr Williams, who was formerly the management development tutor317 words
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Article152 1989-02-02 7 THE Singapore branch of Chase Manhattan Bank has introduced a global emergency service programme for all its Visa cardmembers. It is the only Visa issuing bank to offer such a service to both its classic and premier cardholders here. The Chase Emergency Assist programme, which152 words
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Article55 1989-02-02 7 Reuter THAILAND will raise the annual ceiling on new public sector foreign borrowing to US$l.2 billion from US$l billion for the three years from fiscal 1988/89 ending September. THe National Debt Commit* tee's decision is based on recommendations from the Bank of Thailand and the National EconomicReuter - 55 words
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566 1989-02-02 7 Reuter CANADA'S big banks, whose balance sheets were burdened by risky loans only two years ago, will enjoy a record year in 1989 due to a new cautious strategy, analysts and banking officials say. More sales of Third World loans, onlyReuter - 566 words
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328 1989-02-02 7 Reuter FOREIGN ISSUERS are being drawn back to the yen bond market by relatively stable exchange rates and high demand from Japanese investors. The market expects seven or eight foreign yen issues in the first quarter, up from four a year earlier.Reuter - 328 words
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Article, Illustration170 1989-02-02 7 WONG NANG JANG, the executive vice-president (planning operations) of Oversea-Chinese Banking Corporation, has been appointed as the new chairman of Focal Finance Ltd. He took over the chairmanship from Teo Cheng Guan with effect from yesterday. Mr Teo, however, remains as a170 words
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190 1989-02-02 7 Reuter TWENTY-SIX Japanese banks were said to have sold an eetimated 73 billion yen worth of dollar and yen loans to Brazil to the Japanese Bankers Association Investment Inc (JBA). Banking sources in Tokyo said on Tuesday that the sale price was likely to beReuter - 190 words
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173 1989-02-02 7 Reuter FUNDS under management by the nine foreign trust banks operating in Japan rose to 2.8 trillion yen at the end ot 1988, up from 1.7 trillion yen a year earlier, a spokesman for the Trust Companies Association of Japan said. TheReuter - 173 words
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Article, Illustration432 1989-02-02 7 INDOSUEZ ASIA (Singapore), the merchant banking arm of France's Banque Indosuez, is confident of clinching more capital market deals this year, following a lull in activities after the October 1987 stock market crash. The local merchant bank participated in 13 deals in 1967,432 words
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358 1989-02-02 7 Reuter MARINE and aviation insurance markets are experiencing continually falling rates due to intense competition and excess capacity, Institute of London Underwriters (ILU) chairman, John Parton, told members at their annual general meeting. At a subsequent press conference. Mr Parton said, "ItReuter - 358 words
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555 1989-02-02 7 Reuter A BOLD new financing plan for Mexico, erroneously attributed to the US Treasury, is actually the product of American Express Co, financial sources said. The plan marks the latest attempt by Amex chairman James Robinson to canvass support for aReuter - 555 words
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373 1989-02-02 7 Number Indicative Gross Coupon Amount Interest of days of n niddle price redemption Maturity Year raised rat* million) payment accrued (excluding J^IJ yitKi pa) dates Interest accrued pa) Interest) 1.6.86/89 Loan 1 1971 •5* 80.21 1/6. 1/12 61 •100.80 •3.24373 words
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Page 7 Advertisements
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Advertisement50 1989-02-02 7 FOR SALE (Rodtffusion Site) NO 182 CLEMENCEAU AVENUE Land Area: 1J 15.5 sq m (12,007 sq ft) Zoning: "Commercial" Close to Dhoby Ghaut MRT Station Sole Marketing Agents-. Richard Ellis (Pte) Ltd 21 Collyer Quay #12-01 Hongkongßank Building Singapore 0104 Tel: (65) *****81 Fax: (65) *****87 Richard Ellis 224 818150 words
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COMMODITIES
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417 1989-02-02 8 AL O LABITA Jr - By AL O LABITA Jr Writing for BT from Manila THE PHILIPPINE coconut industry incurred US$42 million in "opportunity losses" following the sudden drop in prices of the commodity on the world market last week. Officials said on Monday that the drop was sparked417 words
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174 1989-02-02 8 Reuter IVORY COAST will lose about 100,000 bags of coffee exports worth roughly US$l3 million between April and September because of low stocks, delegates to International Coffee Organisation (ICO) meetings said. The ICO found Ivory Coast's stocks were lower than originally estimated lastReuter - 174 words
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325 1989-02-02 8 Reuter INDONESIA plans to increase the amount ot processed palm oil it sells abroad, Agriculture Minister Wardoyo said on Tuesday. "We are making an effort to expand export markets for our processed palm oil, to generate a better price," MrReuter - 325 words
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203 1989-02-02 8 Reuter CRUDE OIL throughput in the trans Alaska pipeline is being raised back to normal after the reopening of the port of Valdez, Alaska, on Monday night, operator Alyeska Pipeline Service Co said on Tuesday. "As of eight o'clock this morning, we authorised the producersReuter - 203 words
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180 1989-02-02 8 Reuter GOLD'S DROP below US$4OO an ounce is likely to give only a limited boost to demand for gold coins, precious metals analysts say Ms Rhona O'Connell of Shearson Lehman Hutton said a lower gold price may prompt more coin demand inReuter - 180 words
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Article269 1989-02-02 8 UPI FOOO PRICES In the United States will rise between 3 and 5 per cent this year because of declining supplies of beef and some fruits and vegetables, and higher costs of marketing food, a federal government economist says. The expected increase should be similar toUPI - 269 words
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Article150 1989-02-02 8 Telerate FUEL OIL prices dipped lower on the Singapore market yesterday. Players said that the number of prompt cargoes still homeless was the main cause of the sottish numbers. Sell indications for end February-March CST-180 were still around US$77 per tonne fob Sing. A refiner boughtTelerate - 150 words
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Article352 1989-02-02 8 HONGKONG: Gold closed barely changed yesterday in moderate trading on light buying. Bullion ended at US$39O 60/391.10 an ounce against an initial U*****.30/391.80 and compared with New York's close of U*****.75/*****. On the local market, gold closed at HK53,643 a tael. Coins were generally lower with the Krugerrand352 words
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Article136 1989-02-02 8 SOYBEAN futures extended gains late on renewed demand from professionals, locals and commission houses on the Chicago Board of Trade on Tuesday. Price? ended up 12-3/4 to six cents a bushel and spot March settled up 12-1/4 cents at U557.72-3/4. CBT soyoil futures rallied and closed on or near136 words
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Article51 1989-02-02 8 ROTTERDAM: OosJng prices on Jan 31 Palm ofl crud* Sumatra/M'da ulin option (USS/toma) Mar 403.5* —I Palm <* HO FOt (MS/tomw) Fab/Mar 300* (377.30*) OWn MO FOt (MS/tom) Fab/Mar 392.5* (390*) Staartn MO Poram M'Wa OP Cottar dam (Ms/tom«) Nb/Apr 390* (39X30*) PatM k«rn* oil OP (MS/ftmw) Mor/Apr51 words
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Article119 1989-02-02 8 WHEAT FUTURES ended sharply higher on the Chicago Board of Trade on Wednesday and set life of contract highs for the second time in the session in the new crop months of September and December. Earlier, July. September and December hit new highs. Prices finished up 3-1/4 to 6-3/4119 words
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Article86 1989-02-02 8 CHINA'S cotton production is expected to continue to decline this year after falling from 6.26 million tonnes to 4.15 million tonnes between 1064 and 1966, the official newspaper Chins Daily reported yesterday. The drop in cotton production will affect textile industries in Shanghai and the rest86 words
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Article172 1989-02-02 8 SMGAPORE: Rubber prices closed slightly lower with March 1 RSS buyer quoted at 225.50 cents a kg yesterday. Prices fluctuated narrowly around morning levels on continued lack of interest in spite of higher Japanese rubber markets. On the TSR-20 Award market, prices eased in line with 1 RSS levels172 words
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Article166 1989-02-02 8 RAS prices ms« •nto/kg, FOB In bate NOON CLOSE by«n SsUsre Buyers Ssllsn ln» 1 RS5 Pro. npt 223.50 224.50N 223.00 224.00 In* 1 KSS Mar ch 89 226.00 227.00N 225JO 226-50 In* 1 tSS April 228.00 229.00N 227SO 228JO Int 2 tSS Of 214.50 216 JON166 words
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Article36 1989-02-02 8 MARCH 1909 Ann 19t9 (currant month) (forward month) RAS NOON NOON St 30 201 jOO 203.00* ***** 203.00N SS« 50 199.00 201.00N 199.00 X)1j00N The Malaysian markets were closed for a holiday yesterday.36 words
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Article205 1989-02-02 8 Chinese Produce Exchange Sellers' noon dosing prlcvs on Fob 1 (SI/100 kg) Coconut oil Bt* FOB 108.00 Old drum FOB 118.00 Now drum FOB 122.00 Copra Mixed (Ioom) 64.00 s#||#rs Popper 4,|t, rTwiwvH wibiw FOB NLW 707J0 Sarawak white FOB foq NIW 697 SO Sarawak spedal black FOB205 words
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Article266 1989-02-02 8 London Commodity Exchange Buyer/Seller closing prices on Jan 31, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis ln-stor« London, sellers option OF London ion (1188/90) High/Low 1210/1198 Mar 1194/98 (1183/85) High/Low 1206/1188 Sales (3183) Cocoa Mar 827/828 (842/843) High/Low 840/824 May 838/839 (852/853) High/Low 849/833 Sato266 words
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Page 8 Advertisements
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Advertisement193 1989-02-02 8 ATQZI 1 IP ill rr 3 Si 4 -rWI n ft J y» *n& kK* v.' j* fcT, f^aT a. Vk II *d f 2t-** L O m N<V &M Wi ArinVV —i^-jxr~ V»«* k i* <- iir?«?i j A t "V*aw. BT SURVEYS Looking Wider, Thinking Deeper Some subjects193 words
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ADVERTISING & MARKETING
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Article, Illustration414 1989-02-02 9 GENEVIEVE CUA - By GENEVIEVE CUA TRADEWINDS, Singapore's second airline which is taking off shortly, is setting its sights on sales of $20 million to $25 million in its first year of operation. But the figure, Tradewinds general manager Yeo Loy Seng hastened to add, must not be414 words
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599 1989-02-02 9 GENEVIEVE CUA - By GENEVIEVE CUA THE TV DIARY system, a method of measuring television viewership launched by Survey Research Singapore (SRS) about six months ago, has cast new light not only on viewership but on media planning as well. For instance, since the system was599 words
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Article, Illustration409 1989-02-02 9 WILLIAM CHIA - By WILLIAM CHIA OGILVY Mather Public Relations intends to achieve growth this year by giving clients in-depth counselling on five key areas of activities. New managing director Jonathan Blum, a lawyer by training, said these key areas were in corporate finance,409 words
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209 1989-02-02 9 FUJI FILM is counting on an $800,000 advertising blitz to help it displace Kodak as the leader in the Singapore film processing and printing market. Mr Lim Ai Beng (manager, photofinishing) said the gap between the two is narrow now, with209 words
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COPY LINES
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Article86 1989-02-02 9 PUBLISHER Peter Kennedy, formerly with The Economist and Scientific American, has been appointed executive director of another publishing firm, Cheney Communications. Mr Kennedy, 40, wss The Economist* senior vice-president (North America) and the New Yorkbased associate publisher of Scientific American. As executive director, Mr Kennedy will86 words
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Article85 1989-02-02 9 PATRICIA LEE has been appointed membership manager of The Link, a lifestyle services club that offers vacation-accommo-dation, restaurant discounts, health and recreational facilities. Ms Lee, 26. will be responsible for The Link's day-to-day operations, membership recruitment and promotional events. She was formerly an executive with85 words
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Article99 1989-02-02 9 "HENRY the Canadian Salmon", the Air Canada incentive programme which won an Echo Silver from the Direct Marketing Association of America last year, has picked up another award from the same competition this time for its printer. Local printing firm Craft Print Re Ltd was awarded99 words
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Page 9 Advertisements
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Advertisement169 1989-02-02 9 Introducing ISDN. Now all lines lead to one. V. v > v: v.;. The start of a new era of digital commu--'1 r Slfe V > nications has arrived in Singapore, with the v;** *r r'i introduction of an advanced network called ISDN (Integrated Services Digital Network). ISDN is an169 words
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PERSPECTIVE
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510 1989-02-02 10 PRESUMEO intentions are the curse of history. In the Middle East today, two states, one 40 years old and the other 40 years in the making, are locked in a vicious circle of suspected intentions on both sides within which the wounds of510 words
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Article, Illustration1091 1989-02-02 10 ELAINE KOH - From among the countless signboard painters along Middle Road, Pico Art emerged to become a Singapore-based multinational. The exhibition services company now has 21 offices in 17 countries. ELAINE KOH profiles the 1988 winner of the Business Times/ DHL Enterprise Award. ELAINE KOH1,091 words
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Article1140 1989-02-02 10 SEAH CHIANG NEE - oaa By SEAH CHIANG NEE WHEN OPPOSITION MP Chiam See Tong was preparing his speech expounding the benefits of Westernisation for multi-racial Singapore, another Singaporean was putting on paper something quite the opposite. He was disturbed about a plan to celebrate Lunar New Year with1,140 words
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863 1989-02-02 11 DAVID HOUSEGO in New Delhi examines the multi-billion dollar battle to upgrade India's notorious telephone system FT PRESIDENT Mitterrand's visit to India this week will highlight a tussle involving the French over telecommunications policy. It is a conflict that speaks volumes about theFT - 863 words
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Article, Illustration748 1989-02-02 11 Reuter GATT IS DEAD'. The distinguished audience at the World Economic Forum at the Swiss ski resort of Davos shivered when US economist Lester Thurow made this pronouncement. It may not have had quite the resonance of 19th century German philosopher Friedrich Nietzsche's cry ofReuter - 748 words
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Article, Illustration1119 1989-02-02 11 LOUISE BRANSON - Last, but not least, on China's agenda By LOUISE BRANSON NYT THE CHINESE have bestowed a mark of favour on Mikhail Gorbachev. They have squeezed this week's visit by the Soviet Foreign Minister into the last few days of the Year of the Dragon, the most auspicious in their 12yearNYT - 1,119 words
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Page 10 Advertisements
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Advertisement82 1989-02-02 10 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way every Tuesday in BT BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, tennis, bowling, etc.82 words
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Page 10 Miscellaneous
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Miscellaneous36 1989-02-02 10 BriStc^ftankJketae U)HO'S r lucky boV then? THE- CajN FRmeS S, SRUE-S ReP HRS LCFT vou r ycrß Planheß s SHOULD LIFE.... s I ll fill it in f\j 0Nce..... GeTup GpibuK>f?K G,^ MO DOO6T pve>OUT IT36 words
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Page 11 Advertisements
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Advertisement48 1989-02-02 11 The Mechanism of Mind EDWARD DEBONO ft>: (Wind No I nol °9ist de 7 es Ws of a 60/7O C in "•orp f k, r Kr o ft^ V «tMPMW 77)e nr. STP Distributors 2 Jurong Port Road. Singapore 2261 Available at all good bookshops Times Publishing Group48 words
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LEISURE
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Article, Illustration848 1989-02-02 12 ACCENTS NYT JOHN HONEY is a kind of real-life, latter-day Henry Higgins, urging his countrymen to acknowledge that speech accents are lethal weapons in the English class war and to strike a blow for social equality by teaching everyone to speak the Queen'sNYT - 848 words
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Article, Illustration956 1989-02-02 13 ANNE TAYLOR FLEMING - FERTILITY CLINICS By ANNE TAYLOR FLEMING NYT in Los Angeles "OH, YOU LOOK very attractive," said the handsome young man. I blushed. He blushed. There we were between rooms of a fertility clinic, where both his wife and I had been trying to get pregnant. INYT - 956 words
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Page 12 Advertisements
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Advertisement907 1989-02-02 12 greeiugolD Where to entertain* vv Happy Hours V V Daily 5 8 pm Drinks at a ONE for ONE prices 1 4b5 1 Hi >- Temptations served round the cloclL. Only at Cafe Excelsior A delightful selection of western and local favourites Hong Kong style noodles and congee Oriental Buffet907 words
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Advertisement358 1989-02-02 12 A LUNAR CELEBRATION IN THE TRADITION Of £MP£*ORS Welcome the Lunar New Year with colourful festivities and fun at the Mandarin. Toss to prosperity with a traditional Yu Sheng dish (Feb 5-20). Celebrate this special occasion with a sumptuous dinner and great entertainment at our restaurants and lounges. And don't358 words
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Page 13 Advertisements
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Advertisement163 1989-02-02 13 There's a cafe on a lush, green hi 11... where you can take a break. Meet frienas. Relax Make choices from the delightful international cuisine and Asian favourites. Prawn Mee Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. And much more. At care in the Park Centurv I'ark Sheraton Singapore163 words
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Advertisement21 1989-02-02 13 Green Gold. A delightfully dry white wine from the Moselle region in Germany. Great with seafood, white meats and salad dishes.21 words
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Page 13 Miscellaneous
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Miscellaneous651 1989-02-02 13 tojmi CRYPTIC PUZZLE 1 Agree with a dog? (6) 7 What the young may be for a lesser period (5. 3) 8 Hit back for one's friends (4) 10 Edible wood? (6) 11 Sinewy figure a fellow has! (6) 14 Breakfast food for a noted horse? (3) 16 Lies in651 words
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Miscellaneous1453 1989-02-02 13 w as© oaoQ® Eastwood and his fantasies OUR CHOICE TIGHTROPE, Channel 5, 10.35pm A detective on the trail of a twisted killer begins to question his own penchant for fantasy. The victims are beautiful women and the detective is not-so-straightlaced Clint Eastwood. Genevieve Bujolo plays the psychologist who helps him1,453 words
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SPORTS
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Article, Illustration572 1989-02-02 14 WALTON MORAIS - GOLF By WALTON MORAIS BACKED BY a consortium and parading the natural athletic skills of the country's sportsmen, Sweden's Ounhill Cup golf team is relishing the favourite tag that It la carrying into tomorrow's world qualifying tournament at the Serapong course. Once572 words
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201 1989-02-02 14 AP CANADIAN TPD director Bob Beauchemin confirmed on Tuesday that a Canadian has been kicked off the Australian golf tour and told to leave the country after he was found cheating in a tournament last week. Vancouver veteran Kelly Murray is reported to have enteredAP - 201 words
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Article, Illustration364 1989-02-02 14 SKIING Reuter WEST GERMAN Regina Moesenlechner and Canada's Karen Percy were fastest in downhill training at the Alpine world skiing championships in Vail, Colorado, on Tuesday on a course modified for safety after a skier broke her leg a day earlier. Moesenlechner, aReuter - 364 words
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361 1989-02-02 14 SNOOKER AFP ALEX HIGGINS will compete in the £200,000 European Open at Hie Casino in Deauville, France, in spite of a broken ankle and 10 stitches in his head. The controversial Irishman, who sustained the injuries when he fell from the window of hisAFP - 361 words
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Article, Illustration384 1989-02-02 14 CYCLING Reuter GREG LEMOND s father and manager, Bob, says that the former world and Tour de France champion has not violated any international cycling rules by signing contracts with two teams. "In a sense, we've found a loophole in the rules and a wayReuter - 384 words
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Article122 1989-02-02 14 STUDENT GAMES Reuter NORTH KOREA has emerged as the iesding contender to plsy host to this year's World Student Games after its candidacy waa unexpectedly proposed by South Korea, a top official said in Brussels on Tueeday. Roch Campana, secretarygeneral of the InternationalReuter - 122 words
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237 1989-02-02 14 CRICKET AFP INDIAN SELECTORS yesterday dropped veteran all-rounder Mohinder Amarnath from a team of 23 probables named for an upcoming cricket tour of the West Indies, virtually ending his 19-year career. The team, announced in Bombay, includes three new facesAFP - 237 words
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Article248 1989-02-02 14 AP AN AUSTRIAN Olympic skier tried to warn Spain's Duke of Cadiz of a cable at the base of a World Alpine Ski Championship course before the duke raced into it slicing deep into his neck, investigators said on Tuesday. The duke, first cousin toAP - 248 words
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Article, Illustration330 1989-02-02 14 BASKETBALL AP THE NEW YORK KNICKS defested the Indisns Pacers 120-111 on Tuesday. Reserves Gerald Wilkins and Ksnny Walksr scored New York's first 11 points of a 16-5 secondhalf spurt that carried the Knicka to their 15th strsight horns ryTheAP - 330 words
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Article, Illustration695 1989-02-02 14 BOXING UPI TO THE ACCOMPANIMENT of a dance troupe in battle fatiguea and newsreel footage of military bombardments, Sugar Ray Leonard and Thomas Hearns on Tuesday announced a rematch of their 1961 bout in what the promoter termed a "declaration of war". The 12-roundUPI - 695 words
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COMPANIES & STOCKS MARKETS
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Article, Illustration530 1989-02-02 15 wms mm™. HOCK LOCK SIEW IF EVER a company seems determined to ruin investor relations, it's Genting Bhd. The bad feeling caused by the Gen ting International episode two years ago had only just started to lift when the group announced plans to spin offHOCK LOCK SIEW - 530 words
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475 1989-02-02 15 ROBINSON and Company Ltd haa exercised its option to take up another 14.9 million shares in Centrepoint Properties Ltd (CPL) at $1.06 a share for a total consideration of $15.77 million. The option was given to raise Robinsons' stake in CPL,475 words
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336 1989-02-02 15 TWO DIRECTORS appointed to the board of takeover target Apollo Enterprises Ltd will not be taking up their poats announced earlier aa a reault of the offer by the Hong Leong group. Apollo said in a statement yesterday the Securities Industry336 words
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687 1989-02-02 15 MAGDALENE NG - By MAGDALENE NG WEARNE BROTHERS Ltd is continuing to invest in and assess potsntial investments with renewed vigour, sftsr turning in its best results in a decade. For a start a stsp which would sppssl to property investors the cash-rich company is taking687 words
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Article, Illustration533 1989-02-02 15 ELAINE KOH - By ELAINE KOH MEDIA GROUP Singapore Preee Holdings Ltd is looking forward to satisfactory reaulta in the current financial year. Executive chairman Lim Kim San said in his maiden address to shareholders that earnings of the group's newspaper operations in the first quarter were533 words
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182 1989-02-02 15 TEXTILE-BASED MWE Holdings, through wholly-owned subsidiary MWE Spinning Mills, has bought 9.38 million shares or a 2.88 per cent stake in Raleigh for M 510.37 million. MWE said the shares were purchased at prevailing market prices, averaging $1.10 a share. The acquisition was182 words
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SES
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Article, Illustration1503 1989-02-02 16 MICHELLE OH - By MICHELLE OH THE LOCAL stock market lost some of its new-found enthusiasm yesterday after briefly breaching the 1,140 level on the Straits Times Industrial Index. Nevertheless, shares managed to close marginally higher despite intermittent profit-taking. The ST Index ended only 3.69 points higher1,503 words
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Article90 1989-02-02 16 WEARNE BROTHERS LIMITED: 74th AGM at OCBC Centre, 65 Chulia Street #19-00, on Wednesday, 22 Feb at 10.30 am. THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD: 17th AGM at the Theatrette of the company, Balal Berita, 31 Jalan Riong, ***** Kuala Lumpur on Saturday, Feb 25, at 11.0090 words
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Article5689 1989-02-02 16 Tel Gr's Gr's 1988/89 Company Last Vol Day Last Quote Dtv Dtv rid Not M Cap nigh LOW Cod* Sale or(•000) High Low Buyer JUlUr C'vr PIE Smll FEB 01 SESDAQ 187 114 t 4000 Amtek Eng 20t 124 1 5 124 123 123 125 10 ON5,689 words
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COMPANY NEWS
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496 1989-02-02 17 Bernama PROTON is studying the possibility of suing Proton America Inc (PAI) for breach of contract, Proton chairman Tan Sri Jamil Mohamad Jan said. He said on Tuesdsy that Proton is seeking srbitrstion to be filed in one of the courtsBernama - 496 words
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395 1989-02-02 17 NST HONG LEONG Credit Bhd is still keen on a stake in a stockbroking firm although negotiations for a 61 per cent stake in Zalik Securities have fizzled out It was still interested in being a part of the corporatisation programmeNST - 395 words
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Article, Illustration506 1989-02-02 17 MBT UMW HOLDINGS Bhd's sale of its stake in Edaran Otomobil Nssional (EON) for M 516.8 million cash will improve the group's working capital position and reduce its interest chargea by about MS 1.5 million a year. Disclosing this in aMBT - 506 words
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Article654 1989-02-02 17 BONDS, LOANS WARRANTS Cenpam Ca^an Cesweraton parted Mmal 1 1 < 1 1 <%) payMi ahapa data CJC Tang Wrts *****990 Anytime to May 31, 1990 1 worront plus $225 cosh. Chuan Hup Wrh 1991 Anytime on or after Mar 1967 16 warrants phis $160 cash. until Doc 31. 1991.654 words
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Article323 1989-02-02 17 LAST FULL YEAR Company Parted Dal* Year Nat Era |l mul Grow dt* Nat profit k»» year ($'000) Alcorn Interim Sep 22 Dec 88 19,0411 leortg Huot Interim Sep 29 Dec 88 5351 Mrian Fmflb Interim Oct 1 Dec 88 2.7071 Rma M ton Interim Nov 9 Mor323 words
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Article121 1989-02-02 17 LAST FULL YEAS Company OoM km for V«ar —idfcig Nm EPS Oo« (can't) dh NW praA ($-0001 Dwta Com Grand Utd Hldgs Supromo Corpn Irtf Wood Guk) Porafc final nnoi Finol nnoi rinai Aug 28 Ju«> 30 Jun 30 May 28 Aug 19 Doc 86 Jun 87 Jun121 words
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REGIONAL MARKETS
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574 1989-02-02 18 Reuter A POWER STRUGGLE between the Hongkong government and the stock exchange is threatening efforts to reform the bourse, hit by scandal and a loss of confidence after the October 1987 world share crash, analysts said. The government and the exchange started parallel reformReuter - 574 words
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Article, Illustration299 1989-02-02 18 FT HONGKONQ-BASED Regent International Hotels and EIE International of Japan have announced the US$3OO million development of a 46-storey, 400room hotel on a prime site in New York's midtown Manhattan between Madison and Park Avenues. Mr Robert Burns, Regent's American founderFT - 299 words
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410 1989-02-02 18 Reuter A 810 by Bond Corp Holdings Ltd (Bond) to privatise its Hongkong unit, Bond Corporation International Ltd (BCIL), is secure after the company rejected an offer for its shares, analysts say. HKR Properties Ltd made a conditional offer of HK$3 perReuter - 410 words
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Article, Illustration495 1989-02-02 18 Tokyo Reuter TOKYO share prices closed sharply lower yesterday on worries over a strong rise in the dollar overnight. An afternoon sell-off in the futures market spurred further selling, brokers said. The Nikkei index fell 220.62 points, or 0.70 per cent to 31,360.68. It hit the day'sReuter - 495 words
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Article487 1989-02-02 18 Australia Reuter AUSTRALIAN STOCKS ended more than 20 points lower yesterday as concern about the state of the economy dominated the national market. Brokers said investors were deterred from buying by the combination of adverse overseas reaction to the consumer price index for the December quarter, steepReuter - 487 words
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Article, Illustration1340 1989-02-02 18 Hongkong HEAVY PROFIT-TAKING finally tamed the bull and Hongkong stocks closed lower yesterday for the first time in seven days. "We can expect things to slow a little for the next two days until the Chinese New Year (holidays)," said one analyst. Buyers had pushed the1,340 words
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Article164 1989-02-02 18 Reuter THE SECURITIES Exchange of Thailand Index rose 5.04 point to 438.72 yesterday on a turnover of 8,724,828 shares worth 748.78 million baht. PCI 01 BAHT Ao Kham Thai Ayudttya Invaatman Bangkok Agro-lnd Bangkok Bank Bank O Ayudhya Charoong Thai Win ft CaMa 420 t 30 106Reuter - 164 words
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Article168 1989-02-02 18 Reuter SEOUL STOCKS continued to climb for the third consecutive day in moderate trading yesterday, brokers said. The market opened firm on news that South Korea and Hungary signed an agreement in Seoul to form diplomatic ties. However, the market was sluggish for the rest ofReuter - 168 words
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Article168 1989-02-02 18 Reuter BOMBAY share prices suffered a setback yesterday amid concern over political infighting in Prime Minister Rajiv Gandhi's ruling Congress (I) Party, brokers said. Leadership battles in two state legislatures sparked off selling, they added "We fear the bickering could seriously erode the party's chances inReuter - 168 words
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Article151 1989-02-02 18 Reuter NEW ZEALAND shares closed off their morning highs yesterday but still up on the day as the market continued its strong show. Brokers said the weakness of the New Zealand dollar against its Australian counterpart was the major impetus for the bourse, with most of theReuter - 151 words
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Article440 1989-02-02 18 Reuter WEAKENED financial issues pulled the Taiwanese stock index off early peaks yesterday but most share prices still finished the day moderately higher, dealers said. The weighted index rose 79.80 points, or 1.3 per cent, to close at 6,236.72 compared with Tuesday's 6,157.12 finish. Turnover dropped toReuter - 440 words
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Article112 1989-02-02 18 Reuter MANILA share prices were mostly unchanged at the close of a light session yesterday in which a few traded blue chips dropped and dented Manila's indices, brokers said. Mr Joseph Roxas. an analyst with R Coyiuto Securities. said the market was forecast to move up thisReuter - 112 words
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WORLD MARKETS
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Article, Illustration767 1989-02-02 19 New York Reuter A LATE BURST of futures-related buying helped US blue chips win their struggle with profit-taking on Tuesday, lifting share prices to a moderately higher finish. Blue chips reached another new post-Crash high, although volume was lower than levels seen last week. FederalReuter - 767 words
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Article, Illustration964 1989-02-02 19 London Reuter LONDON SHARES opened narrowly mixed yesterday after an early markup in response to Wall Street's overnight rally. They then started to tall as profit-takers moved in to consolidate after gains which have lifted the FTSE 100 index around 15 per cent since the beginningReuter - 964 words
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Article1405 1989-02-02 19 Reuter ZURICH: Swiss share prices closed slightly lower in quiet trading yesterday as the market failed to draw support from the overnight gain on Wall Street. Dealers said investors were still cautious about the future trend on financial markets in Europe and elsewhere after recent a strongReuter - 1,405 words
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Article, Illustration571 1989-02-02 19 Packaging merger with Carnaud necessary: chairman FT MB GROUP, which is currently trying to merge its packaging interests with those of Carnaud, a leading French company, has rejected a possible £780 million (US$l.4 billion) cash bid for those packaging interests fromFT - 571 words
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263 1989-02-02 19 Reuter BRITISH AUTHORITIES are investigsting complaints that the South African De Beers company was involved in unfair diamond trading in London. British Consolidated Gold Fields (Cons Gold) said it had complained to the government Office of Fair Trading (OFT) as part of its campaignReuter - 263 words
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228 1989-02-02 19 AFP THE FRENCH government is determined to obtain the truth about a major insider trading scandal concerning the stateowned Pechiney group, and seeks to "improve the morals" of the Paris stock exchange, Finance Minister Pierre Beregovoy said on Tuesday. Mr Beregovoy, interviewedAFP - 228 words
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Page 15 Advertisements
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Advertisement16 1989-02-02 15 Mora company now* on Pago 17. Clambo hat boon hold ovor duo to proaauro on spoco.16 words
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Advertisement639 1989-02-02 15 CURRENCY INVESTMENT WII RIC.W I XI'UI ss HWK TEL: 321 3333 ANNOUNCEMENT GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of General Securities Investments Limited wishes to make the following announcement: I AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1988 1988 1987 Company639 words
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Page 18 Advertisements
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Advertisement243 1989-02-02 18 NOTICES NOTICE NOTICE IS HEREBY GIVEN THAT, I Lee Kim Chwee of No Blk 124, Jurong East St. 13 #13-13 Singapore 2260, have applied for a Beer House, First Class licence in respect of premises at M/S XIUYUE FASTFOOD RESTAURANT at Blk 19, Outram Park #01-125, Singapore 0316, and that243 words
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Advertisement221 1989-02-02 18 IN THE MATTER OF THE COMPANIES ACT. CAP., 50 HANSEATIC INDUSTRIES PTE LTD (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN In pursuance of Section 308(1) of the Companies Act, Cap. 50, that a final general meeting of the abovenamed company will be held at the office of Lee Yeok221 words
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Advertisement283 1989-02-02 18 KIU TAI COMPANY (MALAYA) PTE LIMITED (Incorporated in the Republic of Singapore) (in Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 o« the Companies Act Cap 50 the Final Meeting of Members of the Company will be held on Thursday 2nd March 1969283 words
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Advertisement62 1989-02-02 18 SIM LIM FINANCE LIMITED (Incorporated in Singapore) ANNOUNCEMENT Pursuant to Article 23 (4) of the Articles of Association of the Company, it is hereby announced that from declarations received by the Company as at 31 December 1988, 2.09% of the issued share capital of the Company is beneficially owned or62 words
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Advertisement6 1989-02-02 18 latest in technology in BT every6 words
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Advertisement9 1989-02-02 18 Managers must manage BT shows you how every Monday9 words
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Page 19 Advertisements
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Advertisement0 1989-02-02 19 <+^+<)_')}_}_?_~]|?(?$|(_|&|,%<0 words
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Advertisement471 1989-02-02 19 Republic National Bank of New York A subsidiary of REPUBLIC NEW YORK CORPORATION Consolidated Statements of Condition (In Thousands) December 31, 1988 1987 Liabilities and December 31, Stockholder's Equity 1988 1987 Non-interest bearing deposits: In domestic offices 684,078 634,726 In foreign offices 89,399 125,379 Interest bearing deposits: In domestic offices471 words
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536 1989-02-02 20 FOO CHOY PENG - By FOO CHOY PENG Hongkong Conroopondont DEACON CHIU, chsirmsn of Hongkong's second television station, is selling his remaining staks in ATV. Part of the proceeds from the sale will be used to finance the building of a theme park the Tang536 words
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313 1989-02-02 20 AFP VICTOR Company of Japan Ltd (JVC) announced in Tokyo yeeterdey that it would establish a wholly-owned subsidiary in Thailand to start producing colour television sets in December. The subsidiary, JVC Manufacturing (Thailand) Co Ltd, to be set up soonAFP - 313 words
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121 1989-02-02 20 AFP SOUTH KOREA suffered a trade deficit in January for the first time in nearly three years as authorities started enforcing a policy of expanding imports to reduce the balance of payments surplus, officials said yesterday. The Trade and Industry MinistryAFP - 121 words
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637 1989-02-02 20 LEE HAN SHIH - By LEE HAN SHIH Property Correspondent CITY DEVELOPMENTS has entered into an agreement to buy a large plot of residential land in Bedok for $10.6 million. The deal, brokered by international property consultant Jones Lang Wootton (JLW), was signed earlier637 words
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302 1989-02-02 20 Reuter TRADE MINISTER Han Seung--800 said yeeterdey that South Korea had revalued Its currency enough and any further appreciation of the won should be made eiowty. Mr Han, addreeeing the Seoul Foreign Correepondents' Club, brushed aeide public accusations by the US TreasuryReuter - 302 words
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Article, Illustration365 1989-02-02 20 AFP SOUTH KOREA scored a significant diplomatic coup over North Korea yesterday when it established full ties with Hungary, the first East European country to recognise capitalist South Korea. Foreign Miniater Choi HoJoong and visiting Hungarian State Secretary for Foreign Affairs Qyula Horn signedAFP - 365 words
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190 1989-02-02 20 Reuter SALES of safes are booming in China as businessmen hold onto their cash to avoid government controls. Businessmen are breeding guard dogs to protect homes filled with cash that permits them to trade and lend in a booming cash black market thatReuter - 190 words
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318 1989-02-02 20 AFP FORMER Indonesian foreign minister Mochtar Kusumaatmadja has criticised the warring Cambodian factions for failing to settle their differences at a time of high hopes of sn end to the conflict. "A very, very big problem is the inability of the Kampucheans (Cambodians) to agreeAFP - 318 words
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185 1989-02-02 20 AFP CAMBOOIAN resistance leader Prince Norodom Sihanouk said In Beijing yesterday that he would support any agreement concluded at the Jakarta peace talks this month between the warring Cambodian factions. Prince Sihanouk failed, however, to say In a statement what attitude his ownAFP - 185 words
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266 1989-02-02 20 THERE ARE REASONS for optimism thst the Israeli-Palestine conflict will be resolved. Gordon Bilney. member of the Australian Parliament, told a seminar here yesterday. Mr Bilney told the United Nations-organised seminar on The Question of Palestine that the parties to the conflict knew266 words
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LATE FILE
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Article35 1989-02-02 20 AFP JAPAN'S foreign exchange reserves hit a record high of $98,177 billion at the end of January, US$5l5 million more than a month earlier, the Finance Ministry aaid yesterday. AFPAFP - 35 words
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Article41 1989-02-02 20 UPI THE Japanese government has approved the laying of the world s longest optical fibre submarine cable, at a coat of U*****.5 million across the Pacific by an International group of telecommunications firms, officiate said yesterday. UPIUPI - 41 words
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37 1989-02-02 20 AFP INDONESIA'S export earnings rose to U5517.48 billion in the first 11 months of 1968. up 13 per cent from the seme period the previous year, Information Minister Harmoko said yeeterday. AFPAFP - 37 words
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Article25 1989-02-02 20 AFP THE SORIANO Group, one of the top five Filipino financial snd industrial conglomerates. has bought the Manila Standard newspeper. AFPAFP - 25 words
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Article52 1989-02-02 20 AFP TAIWAN'S Premier Yu Kuohws said yeeterday he would retire after his term ends. Mr Yu. who has been premier since 1984. also said he had no intention of running for president or vice-preeident in elections for a new heed of state scheduled for February nextAFP - 52 words
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Article38 1989-02-02 20 UPI LAOS announced the signing of a joint-venture agreement with foreign partners to form a new airline called LaoPacific. which is expected to start domestic flights in May and international services from July. UPIUPI - 38 words
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Article51 1989-02-02 20 AFP NORTH YEMENI President All Abdallah Saleh has confirmed in an interview with Iraqi weekly AM Be'a recent reports of plans to create a four-nation economic alliance. But he stressed the initiative grouping North Yemen, Egypt. Iraq and Jordan was open to all members of the ArabAFP - 51 words
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Article86 1989-02-02 20 COMEX GOLD FUTURES had a •light upward Mat in thin early dealings yaatarday. with the market benefiting from odd lot buying against a soft dollar. Sentiment was nervous following Tueeday's market collapse to two-year lows. Spot February was up US$O.9O at U*****.50 an ounce, having locked in a86 words
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520 1989-02-02 20 AFP OVER 100 strikes or work stoppages paralysed Chinese factories last year, the moet in decades, according to figures released by a union official which point to growing discontent among China's workforce. "We have recorded a rise in the number of strikes andAFP - 520 words
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Page 20 Advertisements
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Advertisement136 1989-02-02 20 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens, elegant one or two bedroom suites right in the heart of ()rehard Road. At The Ascott, we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate in luxury136 words
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SHIPPING TIMES
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512 1989-02-02 21 LILY FERNANDEZ - By LILY FERNANDEZ TAIWAN-BASED Evergreen Shipping Lines is adding Port Klang to its weekly east-bound and the Sri Lankan port of Colombo to its east and westbound round-the-world services. Starting immediately, all North European cargo consigned to Port Klang will be discharged512 words
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Article274 1989-02-02 21 RICHARD NG - By RICHARD NG Writing for BT from Bangkok THE director-general of the Port Authority of Thailand, Pongsak Vongsamoot, has resigned, just a few days after the sudden removal of longtime Bangkok port chief Surah Singhaseneee. According to newspaper sources, Mr Pongsak tendered his resignation to the274 words
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247 1989-02-02 21 UPI A PANAMANIAN cargo ship is bringing 20,000 tonnes of North Korean hard coal to South Korea along a non-transit sea route for the first time since the late *****. A spokesman for Hyosung Corp said the 22,000-tonUPI - 247 words
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798 1989-02-02 22 JOHN SPIERS - By JOHN SPIERS Writing for BT from Sydney THE New Zealand Line which has hijacked its own ships to get rid of its crews is close to throwing Australian ports into chaos through union retaliation. When the crews of the huge New Zealand798 words
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Article794 1989-02-02 22 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 1/2 Alltrans IV 1 Anro Service IV 2/3 ANl 1 1/2 ARC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Balt-Canoda line VII 4/5 Bait-Orient line VII 2 Baltic Orient Shpg794 words
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Article, Illustration429 1989-02-02 23 BERTHING officers at Jurong Port may soon be able to take a breather thanks to an expert system prototype to be developed for the port. The prototype, which was developed jointly by Japanese computer giant NEC. the Japan Singapore Institute of Software429 words
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376 1989-02-02 23 Reuter AN ARGENTINE supply ship sank off Antarctica on Tuesday night hours after a US agency warned of a major environmental disaster if its cargo of 250,000 gallons of diesel fuel spilled into the sea. The Argentine Navy statement saidReuter - 376 words
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Article310 1989-02-02 23 ALL SURVEYS were conducted on Jan 17. Argentina All ports Normal operation. All ports Normal operation. Chittagong 25 vessels operating. Mongla 15 vessels operating. Brazil Santos 50 vessels operating. Rio de Janeiro 30 vessels operating. Cameroon Douala Waiting time of one day. Canada Vancouver (British Columbia) Waiting time310 words
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Article1263 1989-02-02 28 RATES for grain loaders on Tuesday out of the US continued to show an easier trend amid an adequate supply of tonnage, brokers said. The rest of the single voyage sector showed stability, giving an unchanged Baltic Freight Index at 1,619 points. Light grain was covered from the1,263 words
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3107 1989-02-02 28 AAMMUB Kutal. CHa«again. Jan 2»Fab 2. Hongkong Eipraaa. Trtot. Fab 2(PtQ. Maarak Paris. Mwik Una. Fab 2 Evar OuaaL Evargraan. Fab 3 Mtng Promotion, Ymg Ming. Fab 4. Tang Ha. CMna Ocaan Shpg. Fa. 4. MM Oktkiia ScanOuicht Fab ft VIM CM3,107 words
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Article1158 1989-02-02 28 AT CONVENTIONAL WHARVES [»oiWndy/B O KorogMoy a J10 olongaidn 0202/0100 0202/1800 Alio Moot) JI2 oc^So 0602/1500 VMMI BmH i Arrival Dtpartun 8i at—on lupmi M 02.02/0730 0202/1700 Hyo Mpng 1 M ma/am 0202/2300 KEPPEL WHARVES f (gli^QUlOl a 02.02/0730 0300/1500 Adk funtmo Kl? OtQMQlwJ# 021X2/2300 040B/0600 021,158 words
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Page 21 Advertisements
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Advertisement688 1989-02-02 21 TIMES STP Distributors m OOCL JAROINE SHIPPING AGENCIES (NO* CR NO IS 3242fM0000C) 200 Cantonment Road #12 06 Southpont, Singapore 0208 T«i *****11 TELEX NO RS 241/9 TERMINAL/CFS TM *****18 220 BOOKINGS Tel *****34 235 PfSAKA JAROINE SHIPPING AGENCIES SON. BHO PONT KELANG TEL 36MUI Teie« No. MA3M77/MA***** PI- I688 words
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Advertisement77 1989-02-02 21 mm THE New Zealand Lin« which has hijacked its own ships to get rid of its crews is close to throwing Australian ports into chaos through union retaliation. Page II BERTHING officers at Jurong Port may soon be able to take a breather thanks to an expert system prototype to77 words
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Advertisement594 1989-02-02 21 > «%****,«f hi, TIMES STP Distributors Times PuMs/wi9 Croup MAERSK LINE DESTINATIONS To Calitorma-US Gulf-US Atlantic-East Canada An Water Service OAK LGB 1 MOU j MEM 1 Afl j MIA CHS BAL 24/2 26/2 j 1/3 2/3 4/3 6/3 4n I 6n 8/3 9T3 11/3 14/3 11/3 13/3 15/3 16/3594 words
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Page 22 Advertisements
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Advertisement790 1989-02-02 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ALSO ACCEPTING CARGO TO: ALL UK INLANO DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM, CARIBBEAN A S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT LARGS BAY ALASKA MARU LONDON EXPRESS HAMBURG EXPRESS KURAMA MARU ANTWERP ILE HAVRE AMPTON P KELANG S PORE HONGKONG790 words
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Advertisement18 1989-02-02 22 Lines and services represented by Members of the Registry of Accredited [fijQ'ljf. Shipping Agents, Singapore National Shipping Association18 words
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Advertisement802 1989-02-02 22 si\< ISJREGULAR INDEPENDENT FULL CONTAINER SERVICE Alto accepting cargo to all U.K. Destinations, Scandinavian (Aartius, Copenhagen, Gothenburg) and other European Inland points. Anterp via Rotterdam Bremen via Hamburg TO MEDITERRANEAN SIN PIR bcl/vlc alx* vce* anc* tri* koper* NORASIA PEARL VBB3l-3 22/2 10/3 14/3 16/3 16/3 17/3 15/3 15/3 NORASIA802 words
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Page 23 Advertisements
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Advertisement1040 1989-02-02 23 w The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok I CONTAINER SERVICE TO UK/CONTINENT: Pt CASUS PROGRESS PEGASUS PKM4EE* BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 Ml.; TO «i];T jft frrj T.T: B-f.l :m ■/.I .W.l. I '1H [CONTAINERSHIP SERVICE FROM UK;CONTINENT:1,040 words
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Advertisement572 1989-02-02 23 EUROPE Mtgrw caw mrm m. ma m wn m kmbt <SL SENATOR LINK General Agent: USA/PANAMA tin tun MJ4 MJ4 lU4 ILK I7JI Mil MJZ lIJI OJI ILK iui la* iiia TO USA/CANADA FEEDER P. GARFIELD VII P. BUCHANAN Vl9 P. LINCOLN V6O P. WASHINGTON VSI P. EISENHOWER V4S 3/2572 words
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Page 24 Advertisements
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Advertisement256 1989-02-02 24 mSINOSE m MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRAN MEELAD PJI V 2 IRAN TAKHTI Pit 173 BANDAR ABBAS KYOWA LINE MOTHER VSL S PORE HK KYOWA HIBISCUS V.JS 1/3 KYOWA VIOLET VJ4 2*3 DIRECT SERVICE FROM SINGAPORE :i*/.vri jjt OCEANIA EXPRESS V-26 OCEANIA EXPRESS V-27 OCEANIA256 words
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Advertisement1047 1989-02-02 24 ®HANJIN SHIPPING CO., LTD. H I V CONTAINERISED SFRVR-F TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST Up MS U0 w TO PACIFIC NORTH WEST CANADA sin t/i port w mm. pus HO HH6, PUS an nm. pus mwun worn mu a HAJUIN KNAJKYAIK SX HAJUIN CMUU m NM1,047 words
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Advertisement877 1989-02-02 24 EVERGREEN Full Container S^r VICP EVU GAT HEX IVU GOVUN CVtl GARDEN EVU GROWTH IVU GRANO IVU GREET ALSO ACCEPTING I) Ml WUNNGTON. Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) iNHiiMuiwSni"" ljw M m iu NRG vm 85 22 nm z ijjS i2S IS US SS IS! ,ME .tffl ;«c I7|i 55 W877 words
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Page 25 Advertisements
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Advertisement932 1989-02-02 25 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE SIN 5/2 10/2 15/2 22/2 2S/2 in VOY SIN 2*2 20/2 2/3 7/3 1/3 11/3 SIN on tin 21/2 29/2 1/3 J/3 VESSEL MAJAPAHfT HOT A932 words
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Advertisement497 1989-02-02 25 \rm BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT City ■< (4M*arjk i»pfcr rMAVtN ROM HAVSf an oa ao w w m UP UP jw a/i m nn ap up up MS v n M V* mr M UP ap ap up EXPRESS CONTAINER SERVICE FROM UK/CONTINENT v Ip UP497 words
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Advertisement545 1989-02-02 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LIOYI P.T. OESURI LLOYD p.t. mmm imooreoia > p.t. tmkora udti Y EXPRESS SEMI CONTAINERSHIP MB SINGAPORE TR EUROPE VSL/VOY S. PANJANG/21W MATARAM/23W8 m AHT*WP M'BURG/ ROAM/ADAM MEMEN W *4 2JH Ifi Port Mi Port Alexandria, Qwioa. Trtoolo. ALSO ACCEPTING tOTM CONTAINERS,545 words
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Advertisement300 1989-02-02 25 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bansfco a J*n/3 Fat 1/3 Fat 3/5 Fat ma r>h ;3 IB* 1 TAUSALA SAMOA VI4N MORAYOANK V7N CLYDEBANK V2SN SPOKE ROAM HULL HM6C 19/2 17/3 27/3 21/3 27/2 27/3 2/4 4/4 3/3300 words
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Page 26 Advertisements
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Advertisement530 1989-02-02 26 Q KAWASAKI KISfcN KAISMA. LII). K LlNfc EXPORT C® 3 [IMPORT i'! nw m rr •PK/PNG SGJ 31/1 21 I Swl PS r^i 3 EXPORT IMPORT till VAAL 714* VIRGO L2O4F N. COLOMBO 72W OSAKA MARU 7344F OUR FT ELIZ C'TOWN E. LON 2*2 22/2 MB 2/3 8,3 10/3 13/3530 words
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Advertisement392 1989-02-02 26 10. 1C '/ie AUSTRALIA EXPRESS CONTAINER SERVICE INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contains INDIA/JAPAN/INDIA SERVICE UmpMiifl FCL Contalnar* and ComnnthHial Cargo Alao accapta Malala A Slaal Producta tapj— f Kdwif Pwm| loadwf tar A VESSEL IS Fab ITALY/MEDITERRANEAN SERVICE Awpttig Tlmbar/Br»akt>u*a4aoFCl Contalnara Alm Trtosta, P. Wmßi (Mbjact iiKuc—M) PJMni392 words
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Advertisement621 1989-02-02 26 GOLDEN LINE^ GUM GUAN SHIPPING (PTE) LTD 23. T«M Ay«f StrMt SINCAPOIM 0104 TEL SMMI (10 LINES) Fu UUSM STRAITS/PERSIAN GULF SERVICE: QOLOCN HARVEST Undii/Oute/Kinwl QOCMN WONDER CakwntKvMradM/Outai CHINA SERVICE A VESSEL Hmnjpu/ Shinflu. 1M ftb iWll ftk P.Mtnf PwitnJ CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA621 words
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Advertisement505 1989-02-02 26 PHILI OniCNT LIN€S PT€ LTD HI AO OFFICE 63 SOBiNSCN BOAD -07 12 AFRO ASIA BUIIOiNG SINGAPORE 01C5 TEIE* RS ***** PHILI FA* 225*676 FAIT/FM EAST Fa 1 LCI SBIVICf ETA SINGAPORE IDESTINATION m. *p DUBAI, OAMBAN. KUWAIT, nil an DOHA MUSCAT, BAJMAIH AW ORAM 9URJAM 111 17/2 JEDOAM (LCI)505 words
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Page 27 Advertisements
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Advertisement817 1989-02-02 27 NEPTUNE AGENCES PTE. LTD. 6mrai BooJunrs Boofcinp Inward/ Terminal CfS JHK" UJH/? USr TPAS A ou, l) »1»22 *****53 27W977 27K753 *****42 *****44 EXPORT KPiMsmets NEPTUNE i IMPORT »g,lvj|ic*m'< f.»,Ti RI I ff.Vlll.' ni'H FEEDER VSL N. Ivory 06N N. Emerald 02N N. Ivory 07N N Emerald 03N BlSflSKlMmii FROM817 words
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Advertisement309 1989-02-02 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, KEELUNG. BUSAN, INCHON *9 OOWAM Vmml'i Nam# ETD BS SPOKE PKLG KEE BUSAN MO JI *MAGNET/WIN 25/12 In Port 31/11/2 10-17/B2 17/K tCLORIAfIOIN 24/01 OS-07/O2 01-OS/O2 17-17/K 22-24/02 ZJ«2 #NO 9 DONAM/W1 30/01 10-14/02 17-11/02 20-2W2 83-OS/IB o*fl3309 words
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Advertisement126 1989-02-02 27 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST JE CNTR LINE (P KELANG) TEL (03) *****03 JE CNTR LINE (PENANG) TEL (04) *****6 INDIA/S.E. ASIA Conventional/ LCL/FCL Sorvtco To COLOMBO, KARACHI, CHITTAQONQ, BOMBAY, MADRAS A CALCUTTA 3 yy.V/.l lIV "AARON II" SIN-JKT/SEMARANG 12/16 FEB ¥=>• TMC SHIPPING/A AARON126 words
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Advertisement771 1989-02-02 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANC P. KELANG MESSRS HAI THONG SHIPPINC 127 Penanj Street, Penanf. Malaysia M/S HANDLING SYSTEM CO SON771 words
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Page 28 Advertisements
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Advertisement234 1989-02-02 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Ttl 225 6868 (34 lmes| FAX *****39/*****/6 HUX RS ***** A/B SSCMA. RS ***** A/B SSCAO DSR-LINES VEB DEUTPPACHT SEEREEDEREI ROSTOCK < ■YILAMUCA. ACCEPTING CARGO FOR UMASSOU BEIRUT, LATTARIA, ALEXANDRIA, Z POTT SAIO, PIRAEUS, THESSALONIKI, IZMIR, MERSIN. ISTANBUL TO COLOMBO ft INDIAN SUB-CONTINENT MAMAS. CALCUTTA.234 words
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Advertisement92 1989-02-02 28 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TSRUNE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. HAKUSAN II V-I ETA SIN 7/3/S9 I >• KAOHSIUNG 4 DAY KEELUNG 5 DAY! I S PORE 1 TOKYO 8 DAY! SHIMIZIf NAGOYA KOBE 4 DAYS 5 DAYS 8 DAYS 9 DAYS92 words
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Page 28 Miscellaneous
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Miscellaneous139 1989-02-02 28 SIGNIFICANT WEATHER ANO SEA CONOmONS AT 7M A.M. F#to 2, IMS R ThurvWrstorm T*mp*rotur. c Weoth*r W«d drcction wrth sp**d n knots •Rao W Cloudy Sky W h Wki arc mdacotW by o«o*i w»xfc Hy witk tfce wm4 On* KM orcl* rtprntnlt cow of Ught ond »oriob<* winds Or* ho*139 words
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Page 29 Advertisements
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Advertisement471 1989-02-02 29 Jt'FARGO shipping Te1:224 QISS ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND rTTTTTII Alto accepting cargo to:AUSTRALIA Adelaide. Brisbane NEW ZEALAND Wellington Napier Christchurch TO USA/CANADA 19 DAYS FROM FOB/MARSEILLES! FROM USA/CANADA/EUROPE/MEDITERRANEAN h-T TiijaLiLiaLJi TNT Express 221 E.HUOIG 222 AGENTS FARGO SHIPPING COMPANY (PTE.) LTD. 15. HOE CHIANG ROAD. 13 02. SANFORD471 words
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Advertisement346 1989-02-02 29 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (10 Line*) FAX *****15 jttJJ TELEX RS ***** RISHIP (3 Line** 3C rrt rtt* *Sv_ PAKISTAN NATIONAL SHIPPING CORP., KARACHI. MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG SUNDERBANS 22-24/2 LALAZAR 20-22/3 INDONESIA MALAYSIA346 words
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Advertisement1094 1989-02-02 29 <rrs> CRYSTAL FV»GKTJS»VICES_ V TH: ***** M Tlx: 43M1 CFtW FAX: *****1 TORONTO/VANCOUVER LOS ANGELES/NEW YORK ROTTERDAM/HAMBURG FELIXSTOWE/LONDON SYDNEY/MELBOURNE FREMANTLE P. MORESBY/ LAE/ RABUAL COLOMBO HONGKONG/CHINA BANGKOK KEELUNG/KAOSHIUNG MANILA BUSAN P. KELANG/PENANG TOKYO/YOKOHAMA JAKARTA 10/2/89* 8/2/89 4/2/89' 4/2/89 5/2/89 13/2/89 8/2/89 5/2/89 5/2/89 8/2/89 5/2/89 6/2/89 5/2/89 11/2/89 9/2/89 11/2/891,094 words
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Page 30 Advertisements
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Advertisement474 1989-02-02 30 Hai Sun Hup Co (Pte) Lt TEL *****06 (20 Lines, TLX HS ***** RS 20< fc. I \MI K\( \K lIMR STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT Hong Kong Yokohama 27/2 3/3 9/3 7/3 Nagoya 4/3 Osaka 2/3 Stnboku 28/2 Funabashi 26/2 •For Discharging Only NOTE: ALSO474 words
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Advertisement516 1989-02-02 30 U.CHO YANG LINE HANJIN ROTTERDAM IW HANJIN MAS AN 47W QUEENSWAY BRIDGE 7W CHOYANG PARK 1W Alto Kttftinc for Intend UK domination* Antworp md ScjndanavUn port* FMG HOT* WERCANTE GRANCOLOMB ANA S* NATIONAL LINE OF COLOMBIA EX P R E S S FAR EAST/EUROPE FULLY CONTAINERISED SERVICE EASTBOUND OOCL DOMINANCE516 words
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Advertisement474 1989-02-02 30 P\o 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 A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 SINGAPORE VSL OKUNOZE PUL ADIL TANAH AIR474 words
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Advertisement558 1989-02-02 30 \mmmrnm SSSSSsESS Dm 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 *****68 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE BREMMHAVEN. COPENHAGEN HELSINKI. MALIK). OSLO. STOCKHOLM, UK FROM EUROPE VSL ULANOtA TOYAMA I kifVVF LOADING FROM:558 words
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