The Business Times, 3 February 1989

Microfilm: NL16473
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, FEBRUARY 3, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    261 1 Dow up WALL STREET STOCKS turned higher in early trading yesterday after a mixed opening. Brokers said new commitment of sideline cash overcame profit-taking on gains in the blue chips in the six sessions prior to Wednesday. The Dow waa up two at 2.&40 and a few
    261 words
  • Article, Illustration
    Profit-taking accounts for 8.6-point fall
    218 1 THE BINQAPORE stock market closed lower in moderate trading yesterday as profit-taking seeped in ahead of the Lunar New Year holidays. The Straits Times Industrial Index fell 8.67 points to 1,128.34 while the Business Times Composite Index finished at 1,014.78, down 5.42 points. Brokers said
    218 words
  • Article
    Aussie dollar up slightly
    106 1 THE Australian dollar closed slightly higher yesterday, ahead of Wednesday's close of US$O.B9OO. Dealers said the Reserve Bank of Australia sold more of the currency against the US dollar to check its rise. It ended at U550.8905 in Sydney, off the day's peak of U550.8960 which
    106 words
  • Article
    Lock icon Mahathir dispels relapse rumours with appearance on TV
    274 1 AFP Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad appeared on national television yesterday 10 days after a coronary bypass operation, dispelling rumours that he had suffered a relapse. Dr Mahathir, seated on a settee with his wife, Datin Paduka Or
    AFP; Bernama  -  274 words
  • Article
    Contractors seek CIDB help over rise in cement prices
    431 1  -  By LILIAN ANG FACED WITH the sudden and sharp increases in prices quoted by cement millers, flustered contractors have asked the Construction Industry Development Board (CIDB) to intercede. A letter requesting a meeting with CIDB officials was sent out by the
    431 words
  • Article
    Big Four clinch $400 m Orchard Square deal
    663 1  -  Loan agreement expected to be signed soon By ALVIN TAY, LEE HAN SHIH THE BIG FOUR local banks are on the verge of clinching the plum financing deal for the $700 million Orchard Square project next to the Mandarin Hotel. Barring last-minute
    663 words
  • Article
    Haw Par Brothers set to buy KL office block for M$40.3 million
    457 1  -  By ROSE TAN CASH-RICH Haw Par Brothers International Ltd, which recently made a gain of $$27.87 million from the sale of a piece of property in Hongkong, is negotiating to buy an office block in Kuala Lumpur for
    457 words
  • Article
    Abu Hassan meats Lee and Goh
    109 1 MALAYSIAN Foreign Ministar Datuk Abu Hassan Omar yesterday met Prime Minister Lee Kuan Yew and First Deputy Prime Minister Got) Chok Tong for talks following discussions he held with his countsrpsrt Wong Ksn Seng on Wednesday. Progress on work to pipe Malaysian natural gas
    109 words
  • Article
    Lock icon Musa calls for study on achievements of New Economic Policy
    292 1 Bernama FORMER Malaysian Deputy Prime Miniater Datuk Musa Hitam has suggested that New Umno undertake an indepth study of New Economic Policy (NEP) achievements. The move was necessary if Malays truly wanted to improve on their achievements made up to
    Bernama  -  292 words
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      Page 1 Advertisements Column 1
      174 1 I Wedding Package $220.00 nett per table FREE Ftow of Stout, Beer, Soft Drinks etc (Min 10 Tables) 11 if COLLECT THE WINDFALL CROCODILE BRINGS Wi w< 7 "S T et a faithful pal bring you luck this season. J—4 Enjoy quality an J good lasting value thai have been
      174 words
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      Page 1 Advertisements Column 2
      217 1 FuN report, PAGE 16 Regional mkts, PAGE 19 World mkts, PAQE 19 Editorial Comment 10 Reaching out discerningly Year of the Snake 10 The slithery road ahead Soviets In Afghanistan .....11 Ending a nine-year adventure Foreign investments 2 Commitments worth $2b last year Preventive maintenance ..............3 Votra sees big potential
      217 words
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      Page 1 Advertisements Column 3
      187 1 Minolta EP49OZ ANYONE who's eaten yu sheng knows there's more to the Lunar New Year meal than Chinese whoopee. But who cares? The smart executive entertaining at home should, suggests Violet Oon Tomorrow in fireeutfwt LMmtyte, she relatee how she recently discovered her roots and those of other dialects while
      187 words
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  • HOME NEWS
    • Article, Illustration
      Lock icon Foreign investors commit $2b
      500 2  -  EDB continues search for quality investments By JEFFREY TSANG QUALITY INVESTMENTS ars what the Economic Development Board will be on the lookout for from this year after a bumper year of commitments in 1988. The statutory board charged with the task of attracting investments to the
      Source:  -  500 words
    • Article, Illustration
      Preservation efforts to get government boost
      431 2 INCENTIVES and legislative changes are among some of the measures that the government ia planning in its efforts to do more in preserving old buildings. Mr S Dhanabalan, the National Development Miniater, said yesterday that an amendment would be made to the Monumenta Board
      431 words
    • Article
      S'pore company to hold security show in KL
      379 2  -  By PAUL GOPAL A SINGAPORE-BASED company ia organising a major international security conference and exhibition in Malaysia which will feature security aspects of electronic banking and housing estates and property management security in Asia. In previous years since 1983, Seatro Management Services
      379 words
    • Article
      Good response to 3-in-1 show
      106 2 STRONG regional economic growth has boosted participation in this year's ChemAsia/1 nstrumentAsia/AnaLabAsia exhibition, says organiser Singapore Exhibition Services. The three-in-one event, to be held at the World Trade Centre from May 23 to 26. has attracted 350 companies from 17 countries. A Singapore Exhibition Services
      106 words
    • Article
      MEMO PAD
      527 2 Seminars and \WT3 Courses fjm CAHNERS EXPOSITION GROUP Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 J Dot* Feb 20-22 Feb 22-23 Feb 22 ond 23 Even! Fundamentals of Financial Instruments How to Prepare Strategic Marketing Plans Direct Marketing Venue Hyatt Hotel Hyatt Hotel Boulevard Hotel Organiser Maxitrends
      527 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      330 2 JONES LANG WOOTTON Singapore haa promoted Angela PH Tan to associate partner. Ms Tan joined JLW in 1982 as a marketing executive and was made manager of the office agency department in 1966. Prior to this appointment, she was a senior manager. Her new position will continue
      330 words
    • Article
      Dutch firm sees potential in preventive maintenance
      414 3  -  By SHOEB KAGDA WITH AN EYE on future demand for after-sales services, Dutch company Votra is hiring and training people to handle and maintain its high-tech printing machines. Recognising the potential that selling its services holds, Votra Singapore is gearing up to meet
      414 words
    • Article, Illustration
      Local businessmen urged to use Holland as distribution centre
      441 3 DUTCH Foreign Trade Minieter Yvonne van Rooy said yesterday that she would like Singapore traders to use Holland as their distribution centre as a start to bigger business investments in Europe. Miss van Rooy told BT that she had invited the
      441 words
    • Article
      SIA to comply with directive on Boeing checks
      200 3 NATIONAL CARRIER Singapore Airlines has agreed to carry out checks on wiring in all its Boeing aircraft within the 25-day period stipulated in a US Federal Aviation Administration directive issued on Tuesday in Washington. In a statement yesterday, SIA said it would
      200 words
    • Article
      Marco Polo to raise room rates
      223 3 THE MARCO POLO Singapore has become the latest hotel to announce an increase in room rates. The increase will take effect on March 1, and will reeult in a 10 per cent to 20 per cent increase in published rates. At the lowest end,
      223 words
    • Article
      Singapore taking steps to exploit potential in cruise ship market
      356 3 IN THE WAKE of last September's symposium on South-east Asia's potential as a cruise-ship hub, the Singapore Tourist Promotion Board and the Port of Sinoapore Authority have formed a committee to create awareness of the region's opportunities and to design
      356 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      128 2 Haute Cuisine Shanghai... f v-C-Tr- Now, you can savour the culinary treasures of Shanghai served with Continental panache at Goodwood Park's new CHANG JIANG SHANGHAI RESTAURANT. Here, your exquisite meal will start with complimentary aperitifs and a dainty appetiser. The authentic Shanghainese dishes, both in preparation and taste, will then
      128 words
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      Page 2 Advertisements Column 2
      10 2 WOnUJW/DE EXPRESS Prompt pick-up and delivery 24 hours a day
      10 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      70 3 Only a few will catch more than a glimpse. jf* U V V <s. w V V -X r V'* HV-* L\C For more information on the special Line of Credit and many privileges of the Gold Card, call American Express at *****44. Or simply pick up an application form
      70 words
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  • ASIA-PACIFIC
    • Article
      Lock icon IMF and Manila reach accord on US$l.3b loan
      398 4 AFP THE PHILIPPINE government and the International Monetary Fund (IMF) have agreed on the major features of a US$l.3 billion credit package, officials said in Manila yesterday. IMF Asian division director Prad Habar Narvekar said that he saw no more obetacles to
      AFP  -  398 words
    • Article, Illustration
      Lock icon Mitterrand and Gandhi discuss trade and economic cooperation
      475 4 AFP AP PRESIDENT Francois Mitterrand of France and Prime Minister Rajiv Gandhi of India held an hour-long closed-door meeting in New Delhi on Wednesday and delegations from the two countries met for discussions on economic cooperation in a wide range of areas
      AFP; AP  -  475 words
    • Article
      Lock icon Support for Takeshita dips to new low
      168 4 UPI POPULAR support for Prime Minister Noboru Takeshita s administration has plummeted to a low of 27.4 per cent because of the "Recruit-gate" influence-buying scandal and tax reform, including Japan's first sales tax. The Yomiuri Shimbun newspaper yesterday said the report was based
      UPI  -  168 words
    • Article
      Lock icon S Korea runs up US$33m deficit
      255 4 Reuter SOUTH KOREAN officials preparing trade talka with the United Statea expreaaed great relief yeaterday reporting the country's first trade deficit in 17 months. The Trede Ministry said ita proviaional figurea ahowed the cuatomacleared trade account awung to a deficit of US$33 million In
      Reuter  -  255 words
    • Article
      Lock icon Japanese-run companies in US outperform rivals: study
      241 4 UPI WHILE European-controlled companies invest more money in the United States, Japanese-con-trolled companies outperform their overseas competitors, a study from Columbia Business School's centre for operation revealed. The 47-page study, "The Performance of Foreign-affiliated firms in America", was prepared by the centre's director
      UPI  -  241 words
    • Article
      Lock icon Australia and Cuba establish diplomatic ties
      164 4 AFP AUSTRALIA and Cuba have signed an agreement In Mexico City establishing full diplomatic relationa, officials in Canberra said yesterday. The move followed years of informal contacts between Canberra and the Caribbean communist state through the Australian High Commission in Kingston. Consular tiea were
      AFP  -  164 words
    • Article
      Lock icon Striking soap opera hits Bombay streets
      204 4 FT A GROUP of strikers who have been locked out of a Bombay soap and detergent company run by Hindustan Lever (HLL), a Unilever affiliate, have privately developed their own brand of detergent powder. The detergent, called "Lock Out" is being hswked door-to-door by
      FT  -  204 words
    • Article
      Lock icon China, HK face anti-dumping probe by EC
      283 4 AFP THE EUROPEAN Community's executive haa launched an anti-dumping inquiry into Chineee and Hongkong ailicon metal, which ia widely uaed to make cara and oonaumer electronics, concurring sources aaid in Brussels on Wedneaday. It ia the seventh such action into Hongkong importa since
      AFP  -  283 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      999 4 ARRIVALS Operator JtrVKl Local From numbw Mm* SU SQ11 0115 LAX/MtT UAL 0125 SFO/HKG Mi JL615 0305 TYO MAS MH640 0020 KU SA SQ43 0050 DMA MAS MH37A 0900 KUL MAS MH65I 0910 mt MAS MH630 0930 KUL SA SQ103 0950 KUL crx CX710 1000 CGK QFA
      999 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      146 4 EIGHT TOP SEAFOOD RESTAURANTS TO SERVE YOU BETTER Usher in the year's good fortune with a hearty toss of our prosperity Yu Sheng %LWI&,SL Celebrate the occasion at the UDMC Seafood Centre where the freshest seafood served by eight top seafood restaurants await to make you dining an experience. The
      146 words
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      Page 4 Advertisements Column 2
      38 4 LONDON Call your Travel Agent or Air Canada at *****55. A BREATH OF FRESH AIR Th« business person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 23:05 hours and arriving Heathrow early the following morning.
      38 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      81 4 Doonesbury THE FACT IS, MARK, WHEN HOU TAKE A CLOSE LOOK AT TWSE FIGURES, THE/JUST PONT HOP UP AS SCARE STATISTICS! v-sm FOR INSTANCE, THE diIUONS IN VBrPKHJCTTMY! HOW PO MJE KNOW THAT ALL THE SMOKERS WHO GOT SICK WOULDNT HAVE GOTTEN SICK ANYWAY* > S.YZ HW **7 BY GARRY
      81 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      112 4 mimn Ll'W/y m Ad* laid* Amsterdam Athens Bahrain Bangkok Barbados Max/ Not* Mln CO 32/16 Haze 02/00 Oowdy 12/03 door 20/14 door 32/23 Sunny ur»a» 04-05 Oear 10/09 Sonny 02/00 Cloudy 05/02 Cloudy Singapore OUTLOOK: Fair aaeapt lor iho»«r« In a law araaa In tha lata attarlog. Report lor 24
      112 words
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  • REST OF THE WORLD
    • Article
      Lock icon US executives told to get ready for Europe 1992
      366 5 UPI A US COMMERCE Department official on Wednesday urged American executives to begin immediately educating themselves about "Europe 1992" so they can take advantage of the European Community's plan to dismantle internal trade barriers. "The time to do something about 1992
      UPI  -  366 words
    • Article
      Lock icon US-EC 'meat war' begins as ban takes effect
      335 5 UPI THE SO-CALLED "meat war" between the European Community and the United States effectively began on Wednesday with the implementation of the Community ban on imports of hormone-bred meat and of US retaliatory measures against some imports from Europe. "The Community had
      UPI  -  335 words
    • Article
      Lock icon Gatt talks on temporary trade rules end positively
      292 5 Reuter NEGOTIATORS in Geneva on Wednesday completed two days of consultations on how to proceed in stalled Uruguay Round talks on rules governing temporary trade restrictions, a spokesman for the world trade body Gatt said. Delegations covered all relevant issues and showed
      Reuter  -  292 words
    • Article
      Lock icon Comecon inefficient, say Polish and Czechoslovak leaders
      337 5 AP POLAND'S Communist leader Wojciech Jaruzelski and his Czechoslovak counterpart Milos Jakes on Wednesday agreed that the Soviet-led Comecon trading bloc is inefficient and that new forms of economic cooperation should be sought. General Jaruzelski, who is also Polish head of state, spent
      AP  -  337 words
    • Article, Illustration
      Lock icon Quayle criticises Venezuela for supporting debt plan
      442 5 UPI US VICE-PRESIDENT Dan Quayle, on his maiden mission as an envoy for President George Bush, criticised the incoming president of Venezuela yesterday for supporting a Third World plan to form a "debtors' cartel". While Mr Quayle said he carried no specific message
      UPI  -  442 words
    • Article
      Lock icon Reagan Budget will raise deficit says agency
      466 5 NYT THE CONGRESSIONAL Budget Office has reported that if the policies proposed in President Ronald Reagan's last Budget were followed to the letter, the federal deficit would be US$l2O billion in the next fiscal year. That is US$27 billion higher than Mr Reagan
      NYT  -  466 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      133 5 fg£_ The Dunhill Cup 1989 WORLD QUALIFYING TOURNAMENT •i From February 3rd to sth, the first World Qualifying Tournament of the Dunhill Cup will be played over the challenging Serapong Course, Sentosa Golf Club, Singapore. The greatest players from 24 nations will compete for a place at the US$l.3 million
      133 words
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  • MONEY AND EXCHANGES
    • Article
      Money markets
      58 6 THE OVERNIGHT rate on the Singapore money market rose by 1/4 point to close at 5 per cent yesterday. Short term rates remained unchanged. SI Interbank rates at the dose yesterday: ova mo rig? 3 4 3/4 1-m* 5 3/8 3 1/4 2-mm* S 3/8 3 1/4 3-<m*h
      58 words
    • Article
      Forex markets
      1115 6 SINGAPORE: The US dollar continued its overnight alide and closed lower in Asia yesterday. Rumours that the Bank of Japan will raiae its discount rate if the yen weakened below 130, helped the yen to recoup loet ground. A large croea-rate order to buy yen weighed on the
      1,115 words
    • Article
      IMM
      211 6 Most IMM foreign currency futures ended modestly higher but near the bottom of sttlon ranges on Wednesday. The market roee through mid-day on active shortcovering and poeition squaring in anticipation of today's G-7 meetings, but the advance lost momentum at mid-afternoon. Prices stalled at rseistance near Tussday's highs and
      211 words
    • Article
      Comex gold/silver futures
      179 6 Gold futures on Fob 1, 1989 too troy ounces; USS par troy oui OS Opart M* LM MB* M> 39X30 396-20 391.90 ***** 3.10 Mar 395 40 1.90 396 00 399JO 395.80 397JO 1.40 Jon 401.00 404.30 402.30 1J0 A-fl 406.90 409.00 400.90 ***** 1J0 Oct *****
      179 words
    • Article
      Government securities market
      95 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OflW HKX LOW 3 month* 8Q*****W 4.05.89 3.81 376 3.79 3^4 6 month* BY*****S 20.07.89 3.99 3.94 1 year BY*****H 23.11.89 4.07 4.02 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate BIO
      95 words
    • Article
      Asian dollar market
      215 6 ASIAN DOLLAR deposit rates closed st their opening levels in quiet trading yesterday. Dealers said most operators were reluctant to take tresh positions ahead of the G-7 meeting in Washington and today's release of US January employment data. us$ OFFft 810 7 6oyi 9 1/8 9 1
      215 words
    • Article
      Lock icon Simex
      464 6 Reuter EURODOLLAR futures closed mixed after fluctuating narrowly in quiet two-way trade on Simex yesterday. A firm US dollar and the US Treaaury's offer of U5528.75 billion in notes and bonds at its quarterly refunding auction steadied prices initially. But sentiment turned cautious later and operators moved to the
      Reuter  -  464 words
    • Article
      Options
      1426 6 CURRENCY FUTURES OPTIONS Thundoy, Fab 2. 1989 DEU1 r«CMEMARK t 1 Mp iM OaO Mp Law OaO S3 CM S3 4A 3 S4 30A 35 ss I20A 12S M CA4 Mgi !i 1 OaO M0I 1 fi SI S3 I7A IS S3 404 30 S4 *5 04 04 SS
      1,426 words
    • Article, Illustration
      World interest rates
      171 6 mucin Iw—njm print iMdtag ralss sf 12 banks tai Spars Interbank market ri itas (offer/bid) on Fab 2 us$ DM SWFC YOT 7 4mr» f 3/1* l/U ia 7/i a/4 4 J 7/1 5 3/4-1/1 4 1/4 l/l 1 «h 1/4 l/» is i/u ia is/u 1-17/1
      171 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      170 6 Tha/-rrrf\c. £Xp£k/€0 ce lU tart a conversation on the delights of Thai food and the mention of Chao Phaya Thai Seafood Restaurant is inevitable. Because this largest, fully airconditioned authentic Thai restaurant ctinroc frwl fKaf ic Axt talk or entertain business clients, we 2 have the perfect lounge for you.
      170 words
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  • BANKING AND FINANCE
    • Article
      Lock icon G-7 meeting unlikely to stem dollar's rise
      672 7 Reuter ECONOMISTS and currency dealers are far from convinced that the leading industrial nations' finance ministers meeting this week can halt a potentially disruptive rally by the dollar, even if they all really want to. They said commercial demand for the dollar, which
      Reuter  -  672 words
    • Article
      Lock icon 'EC should work on unitary exchange rate first'
      263 7 UPI EUROPEAN COMMUNITY countries should initially agree on a unitary exchange rate while discussing a longer-term single currency, US central banker H Robert Heller suggested. Creation of one European central bank and a common currency will "face tough obstacles and take considerable
      UPI  -  263 words
    • Article
      NTUC Income's premium volume up by 57pc
      221 7 NTUC Income, the insurance cooperative, has reported premium income ot $45.5 million for its general insurance business in 1988. This represents an increase of 57 per cent over 1987. NTUC Income general manager, Mr Tan Kin Lian, said yesterday that with this premium
      221 words
    • Article
      Corrections and clarifications
      58 7 THE Monetary Authority of Singapore has pointed out that in the table on Quotation of Singapore Qovernment Registered Stocks as at Jan 31, 1966, the price of N*****0F should be 5596.95 instead of 5599.96 and the yield 4.62 per cent instead of 3.79 per cent. The quotations,
      58 words
    • Article, Illustration
      Lock icon Japan to reaffirm credit policy
      254 7 UPI JAPAN will tell Western monetary powers it will maintain its easy credit policy and appeal to them for measures to ease inflationary pressures, Finance Minister Tatsuo Murayama has said. Mr Murayama left Tokyo on Wednesday for Washington to attend a meeting of the Group
      UPI  -  254 words
    • Article
      Lock icon Latin America urged to unite in debt talks
      196 7 AFP FORMER US President Jimmy Carter on Wednesday urged Latin American countries to join forces in negotiating repayment of their staggering US$4OO billion foreign debt. "Individual negotiations with debtor countries in a crisis environment have not helped the problem," said Mr Carter,
      AFP  -  196 words
    • Article
      Lock icon Yields dip slightly at Turkish T-bill auction
      73 7 Reuter TURKEY'S Central Bank auctioned 150 billion lira worth of six-month T-bills at an average annual yield of 59.64 per cent, compared with 130 billion and 60.16 per cent at the previous six-month bill auction on Jan 18. Bankers expect a downward trend
      Reuter  -  73 words
    • Article
      Lock icon US Treasury issues advance slightly
      381 7 NYT PRICES OF US Treasury notes and bonds inched slightly higher in slow trading on Wednesday. Much of the move in prices came after the Treasury announced late on Wednesday that it would sell a total of U5528.75 billion worth three-year notes, 10-year notes and
      NYT  -  381 words
    • Article
      Lock icon Macau's currency floated
      153 7 Reuter THE PATACA, the currency of Macau, Portugal's territory on the southern China coast, was traded directly for the first time in Lisbon and Beijing, a Bank of Portugal spokesman said. Previously pegged to the Hongkong dollar, the pataca will now also be directly changeable for escudos
      Reuter  -  153 words
    • Article, Illustration
      Rabobank to help link Europe and Asia
      369 7  -  By DEXTER LEE THE RABOBANK GROUP'S Sin-gapore-based merchant bank, Rabobank Asia Ltd, will play a primary role as a vehicle for more inter-continental funds flow between Europe and Asia. This was underlined by the merchant bank's managing director, Mr Frederik R Hoek, and
      369 words
    • Article
      Lock icon Peru acts to halt rampant inflation
      251 7 AP THE PERUVIAN government on Wednesday installed a fourmonth programme of devaluations and price and wage increases in yet another attempt to halt rampaging inflation and a deepening recession. Independent economists said the package is contradictory and will not slow hyperinflation, which hit an
      AP  -  251 words
    • Article
      Ex-Pepsi man to head UOB PR
      172 7 ROGER YEO, marketing manager of Pepsi Cola International, is tipped to become the new manager of public relations and advertising of United Overseas Bank. BT understand that Mr Yeo, who will take over the post of Mr Yap Boh Tiong, who has resigned to
      172 words
    • Article
      Lock icon Natned looks for growth In Far East
      91 7 Reuter LEADING Dutch insurer Nationale Nederlanden says it will turn its attention to the Far East after completing a 15-year expansion programme in North America by acquiring Southland Life Insurance Company. "We'll take a breather in North America and consolidate our holdings there
      Reuter  -  91 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      32 7 I 1 J o Runs <" 2fet" -■■J. '4 VVi. A:,V >:■ ;n's. -HHi A c,\^ m& mm Wgmw i NC I llrll CORNERS AT METRO MARINA METRO PARAGON OG ELITE S TANG'S' SUPERSTORE
      32 words
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  • COMMODITIES
    • Article
      Lock icon Oil and gas drilling going downhill in US
      619 8 NYT FACED WITH low oil prices and brighter drilling prospects abroad, oil and gas companies are continuing to cut spending on exploration in the United States. At the same time, production from existing wells is falling off as reserves are depleted. Americans
      NYT  -  619 words
    • Article
      Lock icon Gulf states lower output
      95 8 Reuter GULF STATES cut oil production by around three million barrels a day (bpd) in January to comply with the latest Opec pact but regional analysts say some are still producing more than their quota. "We have seen a significant drop in (January) output but some
      Reuter  -  95 words
    • Article
      KL Tin
      198 8 AN unexpectedly large offering of 155 tonnee taw the Kuala Lumpur Tin Markat slip a cant to M 520.50 a kg yaatorday, daalars said. "Mlnars who ara auppoaad to ctoaa ahop aarty bafora tha Chlnaaa New Yaar braak aftar having dlapoaad aubatantlally for caah, caught the markat by
      198 words
    • Article
      Precious Metals
      414 8 HONGKONG: Gold closed slightly firmer in quiet and slow trading on light short-cov-ering by local investors yesterday, dealers said. They said the market was featureiesa and traders sidelined ahead of the G-7 meeting today. Bullion ended at U*****.00/393.50 an ounce against an initial U*****.20/392.70 and New York's close
      414 words
    • Article
      Rubber
      384 8 BMGAPORE: Rubber prices ended lower with March 1 RSS buyer quoted at 221.00 cents a kg yeeterday. Brokers said prices lost five cents in thin morning trade on aome selling following a limitdown fall on the Japanese rubber market. Valuea recovered slightly in moderate afternoon trading on some buying
      384 words
    • Article
      RAS and MRELB
      265 8 RAS prices mta/kg, FO« In bUM NOON aosc Rwyars Seller* •vyart f-M jwHen fat 1 RSS Pram 222.50 223.50N 219 JO 220J0 Ml RSS Mar 89 224.00 225.00N 221.00 222.00 tor 1 RSS Apr 226.00 227.00N 22X00 224.00 It* 2 RSS Of 213.00 215.00N 210.00 212.00N Int
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    • Article
      SSR and SMR
      73 8 (e—nAo) RAS SSI 30 SU 50 MRELi MAtCM 1089 (currant month) NOON 300.00 302.00N 199.00 300.00N lw®n SiAvn AWN. 1989 (forward monlK) NOON ***** *****N 198.00 *****N SMI Of 323.50 335JON 335-50 327JON SMI I 331.50 333JON 33X50 325J0N SMI 5 3M-50 290 JON 390J0 393J0N SMI
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    • Article
      Lock icon Crude Oil and Products
      155 8 Telerate FUEL OIL prices were slightly lower in light Singapore trade yesterday. Buying indications for March CST-180 lots were now at US$72US$73 per tonne fob/cif Sing. An independent sold a Kuwaiti CST-380 Cargo at US$65 per tonne cif Sing. A Philippine purchaae tender was awarded at
      Telerate  -  155 words
    • Article
      Palm Oil
      391 8 MALAYSIAN CRUOt PALM CHL FUTURES prlcm finished slightly steadier despite the emergence of light selling activity at mid-morning on the KLCE yesterday. Prices had earlier kicked off firmer in line with the higher overnight Chicago market and good support from the cash market. As trading progressed, prices, however,
      391 words
    • Article
      Produce Prices
      230 8 Chinese Produce Exchange Ssiin noon dorinQ prion on Fob 2 (S$/100 kg) Coconut off Mi FOt 108.00 Otd drum FOft 118.00 Now drum FO« 122.00 Copra k*irv1 (Innn) 64.00 Poppor FO« NIW 707-50 f nin |.L -i-u. MfUWUi www Foe foq NIW 697JO Sarawak tpadal btack F08 NLW
      230 words
    • Article
      London Markets
      263 8 London Commodity Exchange Bvyor/Soiior doting prices on Fob 1, (£/tonno union spodfiod). Provlom doling pricot in paronlhosis. COIIM Basil ln-sloro London, soitors option OF London ion dolf d high/low Mar 1170/72 (1194/98) hBgh/low 1175/62 Sot*. (4358) Cocoa Mar 834/835 (827j828 high/low 836/820 May 850/835 (838/839) High/low 654/827 SoW.
      263 words
    • Article
      Soybean
      220 8 SOYBEAN FUTURES finished at or near session lows on the Chicago Board of Trade on Wednesday pulled down by sliding soymeal futures, traders said. "People were unhappy with the way soymeal was acting. The buying stopped and general selling took over," a trader said. Prices closed off 5-1/4 to
      220 words
    • Article
      Wheat
      254 8 WHEAT FUTURES, which briefly made new contract highs in new crop July through December, plummeted late on heavy long liquidation on the Chicago Board of Trade on Wednesday. Qeldermann was the featured seller of more than seven million bushels of March, May and July contracts. "The Qeldermann selling put
      254 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      187 8 EXECUTIVE UnSTYU E3 Si PROp fRTV ••J •'I < >■ V 1 rr\ <0 a sft '■fc ■f'V' U*»» «cc Eg <# I* (8 Tt,v> w, ■^TN* u fZi 8, ssgis s'" Ml ii 83 ffi 5 AfiffK BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest
      187 words
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  • FOCUS
    • Article, Illustration
      Lock icon Inauguration meetings help promote Venezuela's goals
      469 9  -  By EDWARD HOLLAND Reuter THE presidential inauguration of Carlos Andres Perez yesterday set the stage for a round of international meetings designed to promote Venezuelan foreign policy goals and Mr Perez's ambitions as a Third World leader. Opec oil ministers. Central American preeidents and
      Reuter  -  469 words
    • Article, Illustration
      Lock icon Costa Rica's debt message getting through
      702 9  -  By PETER PASSELL NYT AS GOES Costa Rica's economy, so goes Latin America's? Fears of setting a precedent for the Latin mega-debtors Mexico, Brazil, Argentina, Venezuela have stopped foreign banks from settling accounts on realistic terms with this tiny nation. But now Costa Rica's
      NYT  -  702 words
    • Article, Illustration
      Lock icon G-7 talks unlikely to result in debt breakthrough
      749 9  -  A new term is coming into international jargon mega-debtors. FOCUS brings several views on this situation affecting some of the world's major commercial banks and Third World nations and the moves being taken to find a solution. By ALAN WHEATLEY Reuter US
      Reuter  -  749 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      365 9 £8 MM ft I? A 1 WM x V a: V *P i 1 r X u HiTI sv* I L s® H it r J 9 I i «r k. 4 k M feVS« vT,<# as < V< > A> W *V*T ••W^VVaS iJ *Ql\v-/w¥Vi Ljir^x*X vaH/\\' k^Aa?9PsN\ rn.
      365 words
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  • PERSPECTIVE
    • Article
      Reaching out discerningly
      500 10 THE SINGAPORE Broadcasting Corporation must have received some rude shocks when a new method of gauging viewership revealed that many of its programmes including the English news were not all that widely watched. But It is not just those SBC people responsible tor putting out the programmes
      500 words
    • Article, Illustration
      The slithery road ahead
      1110 10  -  By ZHOU MEI WITH THE EXIT of the turbulent Dragon on Feb 5, 1989, the world can hopefully look forward to a relatively peaceful year under the rule of the more indolent Snake. In the world of finance, the Snake should bring some cheer with it.
      1,110 words
    • Article, Illustration
      The Zodiac and you
      565 10 IN THE YEAR OF THE SNAKE, as the Tong Shu revaals and aa Tan Sri Lee Siow Mong interprets... MOUSE (1900,1012,1024,1000,1040,1000, 1072,1004): The rule of the Star of Death this year. Thia means there are likely to be quarrela, illness and loss of wealth along with
      565 words
    • Article, Illustration
      Lock icon Kremlin's nine-year Afghan adventure draws to a close
      698 11  -  By OLIVER WATES Reuter THE KREMLIN'S unhappy nineyear adventure in Afghanistan is drawing to a close amid uncertainty, bloodshed and mutual recrimination. In the next few days, most of its 15-20,000 troops in Kabul will set off in a giant convoy up
      Reuter  -  698 words
    • Article, Illustration
      Lock icon Soviet bloc battles for public opinion
      688 11 Reuter THE SOVIET UNION, announcing military cutbacks while insisting it enjoys no more than parity with Nato, has launched a major battle for public opinion before new East-West arms talks get started. Despite the apparent conflict of aims, Western experts said the Warsaw Pact
      Reuter  -  688 words
    • Article
      Lock icon Anti-foreigner sentiment in Berlin
      638 11 AP TURKS AND GERMANS nod politely at each other on the streets of "Southeast 36", West Berlin's predominantly Turkish neighbourhood. But a current of mistrust sometimes runs beneath the outer friendliness, perhaps more so since a far-right party won its first state legislature seats by suggesting
      AP  -  638 words
    • Article
      Lock icon Kabul fearful as Soviet force dwindles
      621 11 Reuter AS THE SOVIET FORCE in Afghanistan steadily dwindles, the uncertainty gripping the crippled country seems to grow deeper and deeper. When the Russians are gone, by Feb 15. will the government they supported for nine years collapse? Will the Armed Forces remain loyal
      Reuter  -  621 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      94 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.
      94 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      35 10 mste*nP^i>Lcfcas You'tfe e>OKG F\ DEfCfVTiST ABOUT VOUf? J ne u) veaf? Planned .J/ Tnef?e ru, K»MDS OF 6.XC i"fING things you Icouip put in it... > Le," NC PHRKCH bTH -JONieS le>»f?7pDp>v ?v "THINK 50,J0t46S p
      35 words
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  • LEISURE
    • Article, Illustration
      Lock icon Dali leaves entire estate to Spain
      567 12 LEGACY AP ARTIST SALVADOR DALI left his entire estate to the Spanish state, the country's Ministry of Culture said in Madrid on Wednesday. The ministry said it had been informed by notary public Joee Maria Fonciilas Casaus that the third clause of a %ill
      AP  -  567 words
    • Article, Illustration
      Lock icon Independent film makers face shrinking market
      1031 13 MOVIE INDUSTRY NYT FILM CRITICS, film makers and film lovers met in the small ski town of Park City, Utah, last week to celebrate the American independent film just when changes in the United States movie industry are sending an avalanche into the path
      NYT  -  1,031 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      934 12 greetuplo Where to entertain. 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
      934 words
    • Advertisement
      Page 12 Advertisements Column 2
      385 12 J Happy 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 mekxtc strains of a Chinese orchestra and the Ultimate
      385 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      170 13 "With iour leave, I dip my chopsticks, eat my fill, then climb into the Golden Saddle ...to set off home." NOW OPEN AT I UNC'H SMI RATON TOW I KS. ft MDIls ROM). 11l 7 !7 A./% $18 per person Sunday, sth February to Wednesday, 8 th February, 1989 icr
      170 words
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      Page 13 Advertisements Column 2
      37 13 The Great White Green Gold. A delightfully dry white wine from the Moselle region in Germany. Great with seafood, white meats and salad dishes. 'A c V s 51 V f 9 Or. PROOUCT .'5 ti; gteeiugolD
      37 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      662 13 CRYPTIC PUZZLE 4 Quiet chap's drink? (6) 7 A small urban area or its fruit (8) 8 Thase entertainments can't all be "soap" (8) 10 Like old-fashioned food? (5) 13 A down-to-earth basis (4) 14 One prefix In a thousand? (4) 15 A cry from Mary Ellis (4) 16 Writer
      662 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1235 13 Ice CmMm OUR CHOICE ICE CASTLES, Channel 5, 3pm Soppy but still heartwarming tala of an Icy struggle to endure. A figureskating champion has a crippling accident which leaves her Mind, but with the help of her friends, she skates once more. Lynn-Holly Johnson, Robby Benson and Coieen Dewhurst raise
      1,235 words
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  • SPORTS
    • Article, Illustration
      Intriguing opening day in store
      649 14  -  DUNHILL CUP QUALIFYING COMPETITION By WALTON MORAIS THE OPENING ROUND of the Dunhill Cup qualifying competition is the traditional David versus Qoliath round and as* 24 nations gather to tee-off at Serapong today in the first world qualifying competition of the series, the prospects for
      649 words
    • Article, Illustration
      Confidence is the word in S'pore camp
      367 14 IF TOUGH TALK wins matches, then Singapore is safely through to the semi-finals of the Dunhill Cup Asia-Pacific Zone competition. Unfortunately, today's firstround tie against Hongkong will be decided by medal matchplay and not pre-match hype. But it was encouraging to hear the
      367 words
    • Article, Illustration
      Lock icon Aouita aiming to recapture past glories
      473 14 ATHLETICS AP SAID AOUITA has been called the "Miracle Man of Morocco" and the greatest distance runner today and poesibiy in history. Adjectives such as incomparable and unbeatable have been linked with his name. Yet, Aouita, who has often boasted about his accomplishments and
      AP  -  473 words
    • Article
      Lock icon Philadelphia goes into overtime to win
      148 14 BASKETBALL AP MIKE GMINSKI scored six of 26 points in overtime, lifting the Philadelphia 76ers to a 114-110 victory over the Washington Bullets on Wednesday. Celtics 107, llomela 04: Boaton's Robert Pariah scored 24 points and grabbed 13 of hia season-high 24 rebounds in
      AP  -  148 words
    • Article
      Lock icon Tyson unveils new trimmer body and new trainer
      460 14 BOXING Reuter HEAVYWEIGHT CHAMPION Mike Tyson revealed a trimmer body and a new trainer on Wednesday in a training session for his title fight this month against Briton Frank Bruno. Tyson, who split from longtime trainer Kevin Rooney a few months ago,
      Reuter  -  460 words
    • Article
      Lock icon Teenagers to spearhead US Cup challenge
      397 14 TENNIS AP TWO TEENAGERS, one a veteran, will carry US hopes in Davis Cup competition this weekend when the Americans play host to Paraguay in the opening round of World Group play. The veteran is 18-year-old Andre Agassi, ranked third in the world. He
      AP  -  397 words
    • Article
      Lock icon Breezy win for Navratilova in Tokyo
      170 14 AFP MARTINA NAVRATILOVA of the US breezed past Japan's Nana Miyagi in Tokyo yesterday to move into the quarter-finals of the US$3OO,OOO Toray Pan Pacific Open women's tournament. The top-seeded American, who has won the New South Wales title this season, scored a 6-4.
      AFP  -  170 words
    • Article, Illustration
      Lock icon Viv Richards thirsting for revenge for defeat
      340 14 CRICKET Reuter VIV RICHARDS, preparing for what may be his final appearance in Australia, is eager to exact revenge for that "little hiccup" in Sydney when Australia defeated the West Indies in the fourth Test. Test captain Richards, Malcolm Marshall and Gordon Greenidge,
      Reuter  -  340 words
    • Article
      Lock icon Pakistanis may pose threat to Kiwis' unbeaten home record
      180 14 Reuter PAKISTAN may succeed where the mighty West Indies and others have failed breaking New Zealand's decade-long unblemished home series cricket record. The visitors are favourites going into the first of the three Test match series beginning at Dunedin's Carisbrook ground
      Reuter  -  180 words
    • Article
      BONDS, LOANS & WARRANTS
      639 14 BONDS, LOANS WARRANTS Br <%) i CgmwIi potted f i l I li CK Tang Wrti *****990 Anytime »o May 31, 1990 1 warrant plus $225 cash. Chuan Hup Wrti 1991 Anytime on or oft or Mar 1967 1.6 warrants phis $1.60 cash. until Dec 31. 1991 Qty Dev Bond*
      639 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Strike while the iron is hot
      492 15 Mm mm™ HOCK LOCK SIEW THE MARKET is obviously in the mood to devour new offerings, judging by the reception to Wing Tai's offer. A total of 42,372 investors rushed in with $2.1 billion for the 36 million shares offered to the public at
      HOCK LOCK SIEW  -  492 words
    • Article
      Wing Tai balloting favours small investors
      518 15  -  Issue subscribed 46 times By MAGDALENE NG INVESTORS have warmly welcomed the first public issue for the year Wing Tai Holdings Ltd by pouring $2.1 billion in application monies into its public offer of 36 million 25-cent shares st $1.25. The offer, which closed
      518 words
    • Article
      Hochstadt appointed director of Acma
      175 15 MR HERMAN R Hochstadt has been appointed a director of another listed company Acma Electrical Industries Ltd. The appointment, effective on February 1, 1989, is the third for the veteran civil servant Last week, he was appointed executive chairman of Singapore Reinsurance Corporation Ltd and
      175 words
    • Article
      GSI underperformed stock market last year
      479 15  -  ROSE TAN GENERAL SECURITIES Inveetments Ltd. the cloaad and inveatment truat of the DBS Bank, underpewrmed the local stock t968 QSl's results for the year ended December 1900 show that net tangible asaets per share before adjusting for tax and dividends rose 14.0 per
      479 words
    • Article, Illustration
      OCBC's novel NCDs successfully placed out
      468 15  -  By AMY BALAN OVERSEA-CHINESE Banking Corporation's $200 million Negotiable Certificates of Deposit with warrants have been successfully placed out with 15 financial institutions. The five-year issue was lead-managed by Morgan Grenfell (Asia) and the Post Office Savings Bank and co-lead-managed by Citicorp Investment Bank
      468 words
    • Article
      COMPANY BRIEFS
      538 15 KESANG CORPORATION BHD, replying to queries from the KLSE on its joint-venture with Avsntgsrde Mining Corporstion to msnsge gold mining operstions in the Philippines, said the initial amount of capital outlay to commence production Is estimated at M 55.5 million for the three areas of Mindoro, Oro Bunda
      538 words
    • SES
      • Article, Illustration
        Share prices fall on profit-taking ahead of holidays
        1112 16  -  By MICHELLE OH SHARE PRICES in Singapore fell across a broad front as investors took profits ahead of the long holiday weekend. But there was also some bargain-hunting by retail investors who picked up lower priced stocks, especially Malaysian counters, said brokers.
        1,112 words
      • Article
        COMPANY MEETINGS
        97 16 WEARNE BROTHERS LIMITED: 74th AQM at OCBC Centre, 65 Chulia Street #19-00, Singapore 0104, on Wednesday, 22 Feb at 10.30 am. THE HEW STRAITS TIMES PRESS (MALAYSIA) BERHAO: 17th AQM at the Theatrette of the company, Balai Berita, 31 Jalan Riong, ***** Kuala Lumpur on Saturday, Feb 25,
        97 words
      • Article
        APPROVED ISSUES
        64 16 Company RIGHTS ISSUE Gwwrol Corp $49,204,936 nomnd amount ol 8% Convorfffal* Unwciind loo* Stock 190B/93 on rtw bosh of )2 noainol amount of loon stocks tor mtvy 5 GO shorw of (1 wcti or $3 Mahal amount of CUS 1908/93 for wary $730 nowlnol aMount of Itw 1967/89
        64 words
      • Article
        PROPOSED ISSUES
        337 16 Company RIGHTS ISSUE Berjaya Corpn Ona-for-ona $1.00 par par star* C 1 Holdings 27 mMHoa loon stocks to Ike rotto ot $3 toon nod lor every five ordbwry Causeway Inv $hof#s h#i<J Issue ot $7,252,937 nominal amount of 6% loon Stock IW9/W on Ike bosrt of $1 wounwoI
        337 words
      • Article
        SES SHARE INFORMATION
        5757 16 1968/89 Tmi Grs Qr'a High Low Cod* Company Sale FEB 02 orvol COOO) Day High Low Last Qt Buyer 8 rale alter Dtv Dtv C'vr T M Net P/E M Cap Smtl SESDAQ 187 120 170 60% 110 130 78% 199* 144 92 135 126 122 114
        5,757 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices end lower
        3306 17 NST THE KUALA LUMPUR stock market closed mixed to lower yesterday on fairly widespread profit-taking activities. Brokers expect a correction with more operators moving in to take profits ahead of the Lunar New Year holidays. Share prices began the session easier which brokers blamed on the
        NST  -  3,306 words
    • REGIONAL MARKETS
      • Article
        Lock icon Fujitsu to set up £57m microchip plant in UK
        146 18 AFP THE JAPANESE electronics group Fujitsu is plsnning to build s £57 million (US$lOO million) microchip plsnt in the north-eastern English city of Sunderland, according to the Financial Times. The report comes hard on the heels of an announcement last week
        AFP  -  146 words
      • Article, Illustration
        Lock icon Share prices rebound
        578 18 Tokyo Reuter SHARE prices in Tokyo rose to close near the day's high yesterday in broad-based buying ss investors decided to take advantage of Wednesday's steep drop and a relatively stable dollar/yen rate, brokers said. "It's not just individuals buying low-priced issues today. There is some good
        Reuter  -  578 words
      • Article, Illustration
        Lock icon Sharply lower close
        526 18 Australia Reuter MORE than 20 points were wiped off the Austrslisn share market for the second consecutive day yesterday as invsstors rstrsated before the strong local dollar and falling commodity pricee. Brokers said they were surprised the national market, after a dismsl start, continued to fall during
        Reuter  -  526 words
      • Article, Illustration
        Light profit-taking trims prices
        1212 18 Hongkong HONGKONG stocks ended little changed yesterday sfter some pre-Lunar New Year profit-taking. The Hang Seng Index closed 1.37 points lower at 3,069.54. "There was light prof-it-taking but It was well sbsorbed. Many investors who have stocked up heavily in the past week may not want
        1,212 words
      • Article
        Taipei
        276 18 PU 1»1 Sec Fund AM Sincere Indus..... Asia Cement Cathay Construe Cathay LMe tn*.. Cheng Hws Benk..... Chen SMn Rubber Cheng Loong LUU nun Chin Hein Flour CMne Chem CMne Devet Chine Elect Wire CMne Fund Chtne Qen Plee. CMne Qrowti CMne Reber CMne Steel Qen CMne SM Spec
        276 words
      • Article
        Lock icon Bangkok: Shares edge up
        232 18 Reuter STOCKS on the Bangkok exchange continued to edge higher in another day of heavy trading yesterday. The Securities Exchange of Thailand Index gained 2.63 points to close st 441.35. Gsiners led losers 68-27 ss trading volume rose another 203.9 million baht to 950.6 mil- lion
        Reuter  -  232 words
      • Article
        Lock icon Bombay: Second straight fall
        178 18 Reuter BOMBAY share prices yesterday fell for the second day in a row on news of political tensions, brokers said. Infighting in the ruling Congress (I) Party in the states of Bihar and Gujarat states undermined sentiment, they said. "Market men have little faith in the
        Reuter  -  178 words
      • Article
        Lock icon Mazda to launch two subsidiaries
        144 18 UPI MAZDA MOTOR CORP. a major Japanese carmaker affiliated with Ford Motor Co of the United States, said it will launch two whol-ly-owned subsidiaries on Feb 10 to engage in the development, manufacture and marketing of machine tools and rock drills. The Hiroshima-based company said
        UPI  -  144 words
      • Article
        Lock icon Manila: More ground lost
        112 18 Reuter SHARE price® on the Manila exchange continued to drift on increased trade, pulling Manila'* indices lower for the third consecutive day ysstsrday as metals prices fell further, brokers said. "Prices of metals have remained down, so this is reflected in the mining sector,'' said Leo
        Reuter  -  112 words
      • Article
        Lock icon New Zealand: Prices rise
        207 18 Reuter THE New Zealand share market yeaterday continued to rise towards a post-crash high but activity was centred on two stocks, with overseas investors hauling in most of the scrip. The Barclays Index rose 15.46 to 2,023.37. Turnover was about NZ$4l.5 million, up from NZ$37 million
        Reuter  -  207 words
      • Article
        Lock icon Elders buys over energy group
        193 18 Reuter ELDERS Resources NZFP Ltd has purchased the energy services group Maretech Ocean Services Pty Ltd in a joint-venture arrangement with West Germany's KG Marine Service Gmbh. Maretech, bought for an undisclosed price from Petroz NL, would provide a range of specialised energy industry services,
        Reuter  -  193 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Blue chips under pressure
        791 19 New York Reuter THE JANUARY effect that gave Wall Street stocks a dramatic lift last week showed some signs of tiring on the first day of the new month on Wednesday. as blue chips succumbed to more profit-taking. Several bouts of program selling earlier in the
        Reuter  -  791 words
      • Article, Illustration
        Lock icon Equities open easier
        959 19 London Reuter EQUITIES on the London market remained easier at the official opening yesterday but staged a brief surge after news that the UK government was to allow Minorco to re-bid for Consolidated Gold Fields, dealers said. Cons Gold shares jumped to a peak of 1450p, compared
        Reuter  -  959 words
      • Article
        Lock icon Commission okays bid by Minorco for Cons Gold
        192 19 Reuter THE UK Monopolies and Mergers Commission said yesterday the proposed acquisition of Consolidated Gold Fields pic by Minersis and Resources Corp Ltd may not be expected to operate against the public interest. Cons Gold shares surged on the news. Spokesmen from
        Reuter  -  192 words
      • Article, Illustration
        Lock icon Elders halts meeting of MB warrant holders
        406 19 FT ELDERS INVESTMENTS has halted the meeting of MB Group's warrant holders in London, which was to consider proposals connected with the planned merger of the British company's packaging interests and those of Camaud of France. Mr Ross Luke, representing Elders Investments, denounced
        FT  -  406 words
      • Article
        Lock icon SGB to buy stakes in three groups
        232 19 AFP 80CIETE GENERALE de Belgtque (SOB) said on Wedneeday that tt would acquire stakes in three French groups Bouyguee, the world's biggeet construction company, the hotel and restaurant group Accor and Club Mediterranee. SOB is to take a stake of 9 per cent
        AFP  -  232 words
      • Article
        Lock icon Hagemeyer may buy back own stock if merger bid succeeds
        347 19 Reuter DUTCH trading firm Hagemeyer NV could buy back up to 8.5 per cent of its own enlarged share capital in the market if an agreed merger bid with pharmaceuticals firm NV Medicopharma succeeds, Hagemeyer chairman Andrew Land said. Mr
        Reuter  -  347 words
      • Article
        Lock icon Netherlands bans insider trading
        234 19 Reuter THE DUTCH SENATE hss passed a law to make insider trading illegal, said Allard Jiskoot, chairman of a new Dutch market watchdog, the Securities Board of the Netherlsnds (STE). The STE took over from the Dutch finance ministry ss market supervisor from Feb 1, continuing
        Reuter  -  234 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1701 19 Reuter AMSTERDAM: Dutch share prices yesterday turned initial opening loeeee into gains in mtdsssston trading supported by a firmer dollar but dealers remained cautious ahead of a G-7 meeting and the relaaas of US Jobe data today. "Prteee are firmer but the question remains If they can
        Reuter  -  1,701 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      182 15 CURRENCY INVESTMENT AMERICAN I XI'RI ss IVWK TEL: 321 3333 WINGTAI WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) New Issue of 40,000,000 shares of $0.25 each at $1.25 per share The Directors of Wing Tai Holdings Limited ("Wing Tai") are pleased to announce that the public issue
      182 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      40 15 e9 MmA £og<, A r fts/c) r&r/$ TV &A/0 7v/?as oorro a cvrwt/Arycox nzae f&rtr/vr/AU-y 3/?/u,/Aur fO7&VT/A/~/£ WAr*# ////c)77ZAf£Z& AW/sr? fV/77/nsArr Jjr% X!3rf&U d&' &f££fi/P/0/T&W A&V: t r /&r£'c&vos*/6r&&# rz> 00 A ftp,#*/*/!# $cw£&Aa£-r*/ ygp? m by Martell •if. &fA£*te4f
      40 words
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  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      608 18 ESE THE COMPANIES ACT. CAP. 90 FINTRAC CONSULTANTS ASIA PTE LTD (In Voluntary Liquidation) At an Adjourned Extraordinary General Meeting of Flntrac Consultants Asia Pte Ltd duly convened and held on Monday, 30 January 1969, the following special resolution was passed:Winding Up Resolved that the company be wound up voluntarily
      608 words
    • Advertisement
      Page 18 Advertisements Column 2
      636 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 EURAPAC (SINGAPORE) PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the members of Eurapac (Singapore) Pte. Ltd. duly convened and held at 111 North Bridge Road #12-01 Peninsula Plaza, Singapore 0617 on 2nd
      636 words
    • Advertisement
      Page 18 Advertisements Column 3
      582 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TASHUNKA PRIVATE LIMITED (In Members' Voluntary Liquidation) Special Resolutions NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of Tashunka Private Limited duly convened and held at 111 North Bridge Road #12-01 Peninsula Plaza, Singapore
      582 words
    • Advertisement
      Page 18 Advertisements Column 4
      631 18 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF YOTANKA PRIVATE LIMITED (In Members' Voluntary Liquidation) Special Resolutions NOTICE 18 HEREBY GIVEN that at an Extraordinary General Meeting of Yotanka Private Limited duly convened and held at 111 North Bridge Road #12-01 Peninsula Plaza, Singapore
      631 words
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  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      313 19 p PARKWAY HOLDINGS LIMITED 5530,000,000 GUARANTEED FLOATING RATE NOTES DUE 1993 In accordance with the provisions of the Notes, notice is hereby given that for the three-month period 3 February 1989 to 3 May 1989, the Notes will carry a rate of interest of 6.375 per cent, per annum with
      313 words
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  • Article, Illustration
    NPB wants more links with private sector
    596 20  -  Move to have more joint training programmes By ANNA TEO TAPPING the expertise»and resources of private sector leaders will be the National Productivity Board's key thrust this year in its mission to nurture a more productive and skilled workforce. Its primary aim is
    596 words
  • Article
    SDF expects to pay out $60m in grants this financial year
    556 20 MOVING TOWARDS its goal of a $100 million training budget, the Skills Development Fund axpects to disburse more than $60 million in grants in the current financial year, and $80 million in the next (ie, the 1969 financial year).
    556 words
  • Article, Illustration
    M'sian King wins first Pro-Am title
    227 20 WITH WHAT waa described ss the "shot of the day" on the 17th hole, the Malaysian King won his first golf Pro-Am title at Serapong yesterday. Helped by partners Singapore Press Holdings CEO Frank Yung, national golf aseociation secretary Gerald Loong and New Zeeland
    227 words
  • Article
    Lock icon US government agency reports record profit
    147 20 AP ONE OF THE FEW US government agencies to turn a profit, the Overseas Private Investment Corporation (Opic), has announced record net earnings of U*****.3 million for the year that ended on Sep 30. The corporation has insured Americans in 85 countries against political
    AP  -  147 words
  • Article
    Deacon Chiu fends off hostile bid for flagship company
    575 20  -  By FOO CHOY PENG Hongkong Correspondent HONGKONG businessmsn Deecon Chiu, who announced the sals of his remaining staks in television station ATV yesterday, is fending off a hostile takeover bid for his flsgship company, Far East Consortium. The bid is being
    575 words
  • Article
    Lock icon SEG Insurance to be wound up, says Bank Negara
    229 20 Reuter MALAYSIA'S director general of insurance plans to wind up a local insurance firm, SEQ Insurance Sdn Bhd, which has become insolvent A Bank Negara statement said Supreme Corp Bhd, which owns 51 per cent, and minority shareholder QBE (International) Ltd
    Reuter  -  229 words
  • Article
    Lock icon Accords likely at Cambodian peace talks, says Chatichai
    235 20 AP PRIME MINISTER Chatichai Choonhavan said yesterday that upcoming peace talks among Cambodia's warring parties could result in agreements on a ceasefire, an interim government and the composition of a coalition government after Vietnamese forces leave that troubled nation. Mr Chatichai told
    AP  -  235 words
  • Article
    Lock icon More Taiwanese investments in China
    245 20 AP TAIWANESE industrialists are increasingly willing to defy a government ban on direct investment in China to take advantage of attractive business opportunities, industry officisls said yesterday. "Low wages, abundant natural resources and the large market are simply irresistible," said Wang Cheng-hsiung, secretary general of
    AP  -  245 words
  • Article
    Lock icon Bush and Takeshita in direction-setting talks
    366 20 AP US PRESIDENT George Bush and Prime Minister Noboru Takeshita of Japan met yesterday In talks that the Japanese hope will ease economic friction between the two countries, bolster US confidence in Japan as a partner and cement personal relations between the two leaders.
    AP  -  366 words
  • Article
    Lock icon Soviet, Chinese foreign ministers begin talks to prepare for summit
    313 20 UPI SOVIET Foreign Minister Eduard Shevardnadze, on his first day of talks with Chinese officials, said in Beijing yesterday that the search for peace in Cambodia was gaining momentum, while China indicated that the dispute would no longer hinder SinoSoviet
    UPI  -  313 words
  • Article
    Lock icon China supports Sihanouk, calls for unconditional Viet pullout
    195 20 A P CHINESE Premier U Peng has axprsssTl support tor Cambodisn rssistsnce leader Prince Norodom Sihanouk and said reduction of Chinese aid to the resistance should not be a condition tor a withdrawal of Vietnamese troops. Mr Li, in a meeting with
    A P  -  195 words
  • LATE FILE
    • Article
      Lock icon Chu cleared of Wing On fraud
      36 20 AFP THE HONGKONG Court of Appeal has acquitted Lawrence Chu, vice-president of the Chinese Manufacturers' Association, who was earlier convicted of defrauding Hongkong's Wing On Bank of HKSIO.S million. AFP
      AFP  -  36 words
    • Article
      Lock icon Botha resigns as party leader
      41 20 AFP TWO WEEKS after suffering a stroke, President Pieter Botha yesterday resigned as head of the ruling National Party (NP), fuelling predictions that he plans soon to give up as South African head of state. AFP
      AFP  -  41 words
    • Article
      Lock icon Laurel to see ailing Marcos
      43 20 AP PHILIPPINE Vice-President Salvador Laurel aakj yesterday he was leaving for Hawaii later the same day for a meeting requested by ailing depoeed president Ferdinand Marcos, one which he hoped would heal wounds in their troubled country. AP
      AP  -  43 words
    • Article
      Lock icon More tourists for Thailand
      48 20 Bernama THE NUMBER of foreign visitors to Thailand in 1988 reached 4.23 million, an increase of 21.5 per cent over that in 1987. This generated foreign exchange worth 80.78 billion baht (about M 86.68 billion) for the country, the Bangkok Poet reported yeeterday. Bernama
      Bernama  -  48 words
    • Article
      Lock icon S Korea to limit knitwear exports
      54 20 Reuter SOUTH KOREA will impose quotas on knitwear sold to Japan until end-1981 under a pact agreed between Japanese and South Korean textile industry officials. The quota tor 1968 will be Japan's sctual imports from South Korea in calendar 1968 plus one per cent
      Reuter  -  54 words
    • Article
      Lock icon Cut in US troops in Korea unlikely
      70 20 UPI SOUTH KOREAN Defence Minister Lee Sang-Hoon said in an interview wtth state-run Korea Broadcasting System that he did not expect the new US administration under Preaident Qeorge Bush to withdraw or reduce US military torcea stationed in South Kores. Instead, the Bush
      UPI  -  70 words
    • Article
      Lock icon 'Many importers under-declare'
      52 20 AFP SOCIETE Generate de Surveillance (SOS), the world's largest trade-surveillance firm, accused Indonesian importers yesterday of large-scale cheating to avoid paying higher import taxes. "Some 25 per cent of all imports (handled by SOS) turned out to be under-invoiced," said Daniel Gauchat the Ge-neva-based company's chief representative
      AFP  -  52 words
    • Article
      Lock icon Comex gold
      81 20 Reuter COMEX GOLD FUTURES recovered quickly from lows on block purchases of a couple of thousand contracts by a US commission house early yesterday. However the market failed to break over unchanged, with buying interest fully satisfied. April gold had a net loea of US$O.7O at U*****.50 an
      Reuter  -  81 words
  • Page 20 Advertisements
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  • SHIPPING TIMES
    • Article
      Penang Port users worried about cranes' inconsistent performance
      444 21  -  By G DURAIRAJ THE SHIPPING community In Penang has expressed its apprehension over the inconsistent performance of two shoreside container cranes at the port. The port users said the cranes' lack of reliability in the face of rapid growth in container traffic
      444 words
    • Article
      Orient Overseas Container Line expanding LCL network
      367 21  -  By LILY FERNANDEZ HONGKONG container transport company. Orient Overseas Container Line (OOCL), has expanded its less-than-container load (LCL) network on the Transpacific trade route in a move to further enhance its service. The service improvements include faster transit times and a guaranteed delivery
      367 words
    • Article
      Maersk opens fourth office in China
      199 21  -  vnm By AL O LABITA, Jr MAERSK LINE, an international shipping company. has opened a representative office in Nanjing, its fourth throughout China, to cater to China's burgeoning foreign trade. Company officials in Manila said the office was the first for a foreign shipping
      199 words
    • Article
      Stolt Tankers to get exclusive berth at each of Matex terminals i
      629 22 MATEX Nederland BV and Stolthaven BV reached an agreement early last month to provide Stolt Tankers with one exclusive berth at each of the Matex Tank storage terminals in Rotterdam Botlek and Vlaardingen. In return, Stolt Tankers will
      629 words
    • Article
      INDEX TO ADVERTISERS
      1053 22 A W«t Manx* n 2 AB SApg V S ABSS Um n 2 ABC CoXaiMi a 1 Accord Shpg VI 1/2 Ahrenkiel liner Alltrom i IV 4 1 AC Toeptar H S *»»ricon rpt X 4 Anro Service IV 2/3 Arrow lines a S Aian Ocean n
      1,053 words
    • Article
      Lloyd's raises premiums for ships in Manila
      374 23  -  By AL O LABITA Jr Writing for BT from Manila ACCIDENT AND marine insurance premiums charged by the Lloyd's Group of London, a group of reinsurers and local counterparts on ships plying the domestic routes, were raised recently as a result of the
      374 words
    • Article
      BUNKER MARKET REPORT
      518 23 Donslty Water Carbon RsskJus Ash Aluminium KG/M*3 V/V M/M M/M PPM M/M Exxon »SO/C»mac Mm* Spec E2S Spec 035 981 901 1.0 1.0 15.0 18.0 0.10 0.15 30* 30* method 0.16* 0.15* B f ft n a iWWWn curopi i 180 Ave 180 Max No above E2S
      518 words
    • Article
      SHIPPING EVENTS
      336 23 Feb 7 Diesel electric submarine propulsion. Institute of Marine Engineers. The Memorial Building. 76 Mark Lane, London EC3. Feb 14 Uncertainties in the eetimation of fluid on offshore structures with special emphasis on wind forces, joint Institute of Marine Engineers RINA offshore group meeting, 1730 hours, Institute of
      336 words
    • Article
      LONDON FREIGHTS
      1110 28 LOWer freight rates were reported for Panamax grain loaders out of the US Gulf, which were the main Influence for Wedneeday's 11 points fall in the Baltic Freight Index to 1,608, brokers said. A lower U5525.85 was sgreed for a 52,000 long tons heavy grain cargo from the
      1,110 words
    • Article
      SHIPPING LIST where your ships ore due...and when
      6856 28 AAAMUS Kutal. maiagatrl. Jan 2MFab X Hongkong Eapreoa. Trtot. Feb Maarak Parta. Maerak Una. Fab 2. Ever Queet Evergreen. Feb X Mtag Promodon. Yang Mtag. Fab X Tang Ho. CMna Oeaan Shpg. Feb x Nod Oepma. ScanOutaht. Fab X VMa da Veeta.
      6,856 words
    • Article
      SHIPSD IN PORT
      1133 28 AT CONVENTIONAL WHARVES VmhI M N Arrival Diparti KEPPEL WHARVES A* Purwmo Kit otoagpda 0300AJ700 Adko Endko* AMroGotd K20 ateagrfda 0409/0800 K3B otoaguda 0708/2300 •oi kaMti KI5 ohMOHta 0402/0100 K35 otoag«do OS 02/2200 FtaghinagAo* K27 aioagBda 031X2/2300 K33 otoaguda *****400 Kop W-KJV est otaagBda 03.02/0400 Kola Way
      1,133 words
    • Article
      BUNKER REPORT
      842 30 THIS FORTNIGHTLY REPORT, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars, instead of single prices for more comprehensive description of the market. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual changes
      842 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      719 21 fyjtttshitl tnt TIMES STP Distributors r T Wi AuMs/Mrrg Croup JAAMNC SHIPPING AGENCIES (NEW CR NO 8 3242BB40B00C) 200 Cwtorantnt ftotd #12 05 South point, S«wiori 0201 T«t *****11 TELEX NO RS 241/9 TERMINAIyCFS TM *****11 220 BOOKIN6S T«J *****34 235 PESAKA JAROINE SHIPPING AGENCIES SON. BNO. POST KELANG TEL
      719 words
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      Page 21 Advertisements Column 2
      54 21 mm MATEX Nederland BV and Stoithaven BV reached an agreement early last month. Page II ACCIDENT AND marine Insurance premiums charged by the Lloyd's Group of London, a group of reinsurers and local counterparts on ships plying the domestic routes, were raised recently as a result of the spate of
      54 words
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      Page 21 Advertisements Column 3
      384 21 v^ SNOtf 081 ST" 1 Gtt 1 TIMES V()K Jbct' r.rnes PuMiAnf Croup MAERSK LINE AAH Aarhus ABJ Atadian ALR Aigeoras AWT Antwerp ATU Afanta BAH Bahrain BAL Baltimore BCN Buc«ona BKK Bangkok BNO Bandar Abbas BOM Bombay BRV Bremenhaven BUS Susan CHI Chicago CMS Charleston COO Cotonou CPU Copenhagen
      384 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      596 22 u Hapag-Lloyd Wishing att our customers, friends theirfamides a ttWFy WKOSPL'KOHS im, rom *ir ft* ®®sata/ i«>. Transport TRANS PACIFIC SERVICE <rJ WEEKLY FULL CONTAINER SERVICE IT I »u:« HYUNDAI CHALLENGER HYUNDAI INNOVATOR HYUNDAI EXPLORER HYUNDAI PIONEER LALANDIA HYUNDAI CHALLENGER Transport HYUNDAI PIONEER LALANDIA 20HS 11/1 13/1 14/1 2/2 *****
      596 words
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      Page 22 Advertisements Column 2
      18 22 Lines and services represented by Members of the Registry of Accredited (ttffSS' Shipping Agents, Singapore National Shipping Association.
      18 words
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      Page 22 Advertisements Column 3
      881 22 C SAV Corrpjntj Sud Amcr.cartj do Vjpcres S A O vj* f •d EXPRESS SERVICE TO/from CHILE ftm* fPOK MOTMU VOKL NK TOKO AMCA KK ANTOFVALP Ul CUVI 170 ARAUCOW7 Mg I* IIM mm 21N 77M CUV J 4/3 A VCSSU Ufl a/3 4* cuv 1 aii Wi m 1s
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  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      787 23 0 The Straits Steamship Group AVYj P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT. CITY Of COtNtUMM UUKS BAY LONOON omss HAMMING tXPUfSS KUKAMA NARU BENALOE* S pan P.Klang S tan H'kurf llmiw H'daai La* 2MB aim mm mm TM TM TM
      787 words
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      Page 23 Advertisements Column 2
      609 23 The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following:TRIPOLI (LIBYA) As a result of an improvement in berthing conditions at this port, the congestion surcharge of 15 percent is to be reduced to 10
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      349 24 ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRAN MCELAO PJL OJ IRAN TAKMTI PJL 173 Sinfaport Loading for:HA 1/2 BANDAR ABBAS ETA 13/2 BANOAR ABBAS KYOWA LINE i -J MOTHER VSL S PORE HK LOAD FOR iftOWA HIBISCUS V 35 1/3 VILA, NMA, LTK, SUVA. PAGO. APIA •fYOWA VIOLET V.24 21/3
      349 words
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      Page 24 Advertisements Column 2
      858 24 HANJIN SHIPPING CO., LTD. fTO EUROPE VIA SUEZ H 1.1 V CONTAINERISED SERVICE TO USA PACIFIC SOUTH WEST HANJIN ROTTERDAM IN rpm LtHmr* I'ta MWj Bhivan Fitmn mi zm aa w an va 11/2 1/3 J/3 10/3 12/3 13/3 QUEEN'S WAT BRIDGE 7W IV3 22/3 23/3 24/3 2*3 27/3 CT«AI»
      858 words
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      Page 24 Advertisements Column 3
      91 24 TIE PMMSUUMC STEJURSHIP CO. ITD., SAFINA E NAJAM IS Mar KARACHI WORLDWIDE PACIFIC MARITIME (PTE) LTD. TEL: *****U LIN LIN SHIPPING PTE. LTD. I. Mtfaiin* Rud. rfft Ot Ctntrjl BuiMinf Sinftporc 0105 Ttl VUMI4 A UJHW AEEHL' SERVICE S POW£ r O HUCMtNG 5<OC -SAfI'KE PAyfl juCANs v Irl '"*M
      91 words
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      Page 24 Advertisements Column 4
      721 24 EVERGREEN Full Contomer Service EVER GATHER EVER GOVERN EVER GARDEN EVER GROWTH EVER GRAM) EVER GREET Round-The-World East Bound (FE/CARIB/USEC/EURQ/FE) S6P HKC Ksu nui rw uw fTO !g jg g !1 W ph 22*2 24*2 2KB 03*3 *03 24*2 2MB 01.03 <E*B »03 .ME a«3 "S X 2 "P" IMC
      721 words
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  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      775 25 VTA PACIFIC INTERNATIONAL LINES iV\ PIL Building, 140 Cecil Street, 03-00 •Singapore 0106. Tel *****33 FAR EAST CONTAINER SERVICE JKT MY VOY 33M S/3 12/2 IS/3 MNB nH J7»a ma as/a an ssns m ACCSTTMO UURURAN/TOMAKOMAI/HrTACM CAROO VIA HKO tin an 1/3 1U tu MOO KO« MM mn in in
      775 words
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      Page 25 Advertisements Column 2
      163 25 \loa CHINA OCEAN SHIPPING COMPANY ALL OUR FRIENDS AND CUSTOMERS GONG XI FA CAI Aoents CNUNB CMIAfI SNIPPING SON INN K. L T«fc WSMI& WSmi. TELEX: WH. PORT KELANG: T«fc MM FAX: JM 74M TELEX: BA MM PENANG T«4: OOMI. ***** TELEX IM «U4. &NORBUL Ti NORBULK CARGO SERVICES LTD.
      163 words
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      Page 25 Advertisements Column 3
      642 25 CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT 10 *n *a m m W lift an an IB 2/1 W MR w *> iw 1M EXPRESS CONTAINER SERVICE FROM UK/CONTINENT jab rtuvoi roM turn stw p rums mat roe MM MM UU MM MM V V MM. MO mm mm mm vj
      642 words
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      Page 25 Advertisements Column 4
      426 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TNIKORA LLOYD EXPRESS SEMI CONTAINERSNIP SERVICES SINGAPORE TO EUROPE vsiyvoy m ANTWERP H'BURG/ R DAM/AO AM BREMEN 1/4 5/4 29/4 1/5 Port IdM, Port Alaxandrta, Omoo. Trtooto. ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA
      426 words
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      Page 25 Advertisements Column 5
      291 25 BOUSTEAD I SHIPPING AGENCIES BURMA FIVE STAR SHIPPING COBPMUTWI (Burmese National Line) Loading for Rangoon S'port P.Kelartg Penary Bangk aj«y3F* pa-ad nm PAfiAN VU7» HTONCYWA VMM LASH tO VIMW 3 EM TAUSAIA SAMOA VI4N MORAYBANK V7N CLYDEBANK V2SN SPORE ROAM HULL 19/2 17/3 27/3 21/3 27/2 27/3 2/4 3/3 4/4
      291 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      817 26 Q K I I>K t9Sm KAW ASAKI KIShN K AISII A. LTD rre:r' rrrery Trt'Trar; rrr -*jm NEPTUNE JAOC H. BRIDGE VIE/0. FORTUNE 0. FAIR Vl3/AMBASSADOR Bl N. GARNET VIA FCiOCR ORIENTAL FORTUNE NEPTUNE JAOE ORIENTAL FAIR N. GARNET VM FCEOCR mm i FEEDER VESSEL ORIENTAL FORTUNE NEPTUNE JAOE NUMBER
      817 words
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      Page 26 Advertisements Column 2
      374 26 AUSTRAL!(T EXPRESS CONTAINER SERVICE TULSIOAS VJ9 KALI OAS 141 TUUIOAS ¥.40 HAL I OAS *42 TULSIOAS Ml Tram M SM| fcw P.MMI PMM| ttaOttr \W By F«*r By F«* I FA tin 4 Mm 4 ktar 1 Apr 2C ktar SHv 2 Iky a Apr a Apr K kta? 20
      374 words
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      Page 26 Advertisements Column 3
      389 26 GOLDEN LINE GIMN GUMt SWffNG (PIE) LID n. T*M tw StrMt SINGAPORE MM Til: UOW (M LINES) Fu <MX* STRAITS/PERSIAN GULF SERVICE: OOUXR HARVEST KndM/Outa/lUmt COLOCH HOWOCR C*tmbal*nt»lO+m a vessel Hum; Span P.Mtanf Pm la tat wur* i*M .LJ W ttH MMCCNMC LMKQUAH N QU CMCNC Sg Sg SS 33
      389 words
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      Page 26 Advertisements Column 4
      410 26 PHIU OniCNT LIN€S PT( LTD HEAD OFFICE 63 BOS NSGH PC»C -0* 12 AFRO 4$.A BIHIOING S'NGAPQRE OIC6 TELE* RS ***** PMIli FA» 225«6'6 feß U. J i/i. J l i »ir t ETA SINGAPOftE >11 n.-. I lll.'l' 1 1; 7t >l "i Ml T3 i< r'."M Trrrrevi l
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      337 27 NEPTUNE AGENCIES PTE. LTD. General Bookngs Bookings Inward/ Terminal CFS Enquiries FEEII/AUST TPA/SfcA Outward *****22 ***** *****77 *****53 *****42 *****44 *****19 *****16 *****18 *****48 NEPTUNE SDN BHD P Kelano *****87 K Lumpur *****33 NEPTUNE atf our vaCued Clients, {Business Associates and friends a tProsperous and lHappy Lunar 9{ew fear!! from
      337 words
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      Page 27 Advertisements Column 2
      241 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. KEELUNG. BUSAN. INCHON VmmT« Nam ETD OS S PORE PKLC KEE BUSAN OOJI taoßiA/MN 21/01 oo- am 00-00/02 17-17/ m 22-24/02 zw #MO 9 DONAM/H1 30/01 14-17/02 20-20/02 B-OS/03 04/03 NO I DONAM/M2N 03/02 U-21/R 22-23/02 03-03/03 00-10/03
      241 words
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      Page 27 Advertisements Column 3
      168 27 I n 3 I I ri VI PORT KELANC lis r# Mi'? li 11 I" 11 U( mt 1 17.1 V I i/f II \i i:7 TT^M WELLINGTON N. PLYMOUTH 10 AUp FMNANTLE 10 AUP MELBOURNE w 13/z srvmr 111 4 E i OTHER PORTS f ia», 8!!S in i
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      Page 27 Advertisements Column 4
      815 27 r 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. KELANC MESSRS HA! TMOMC SHIPPING 127 PaaangStraat. Fanatic Malaytt MfS HANOI INC SYSTEM CO
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      336 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 225 6868 (34 lines) FAX *****39/*****76 TELEX RS ***** A/8 SSCMA. RS ***** A/B SSCAO f DSR-LINES l .EB DEUTRACHT SEEPEEDERE nCS r OCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE SOMLAND Ijm wwiano 2/m L
      336 words
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      Page 28 Advertisements Column 2
      72 28 T.S.K. line: WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN ft JAPAN HAKUSAN II VI CONTINENT VU KAMJKI VU HUMES ACE VU HAKUSAN II V] CONTINENT Vl* KAMJHI VU FROM JAPAN TAIWAN LirilZlimnnrira rrrr HEMES ACE VU HAKUSAN II VI CONTINENT VU pKUNE AQEMC^ 8 (3) PTE LTD TEL:
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      157 28 [TTi Regional Weather a *5 G 7 °3 M •1 i < v. m t A v L «T BIOMFICANT WEATHER ANO SEA CONOfTIONS AT 7.30 A-M. F«b 3, 1969 •c o W«d d»e<tion Wrtti tpeed «i knoll R Thuwterstorm Tamparature •<. A A Shower Weother Wind <W«».on with ipm4
      157 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      305 29 mRGO SHIPPING Tehaaaoiaa |ri: REGULAR Express FcL LCL SERVIC E m B 2. ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND Eg 'li, "I r~r i i t* DATS TO SYDNEY! TO USA/CANADA Abo accepting cargo to: USA Houston, Savannah, Tampa, Jacksonville, Wilmington (M). Norfolk. Baltimore, Now York, Boston CANADA Montreal, Toronto,
      305 words
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      Page 29 Advertisements Column 2
      387 29 (njjS RICHFIELD MARINE AGENCIES |S| PTE LTD '133 TEL *****33 (10 Lines) CTT FA ***** 15 tn TELEX RS ***** RISMIP (3 Lmest "W w IPS LINE CHTTGONG/CALCUTT A/CBO/KAR ACHI u. Mgk PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL
      387 words
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      Page 29 Advertisements Column 3
      143 29 FAMOUS HOT-LINE *****33 WEEKLY LCL TO FAMOUS FUBQHT FOfIWAftOMQ (6) P in: lis nm famous fuc COMPANIA COTJENA DE vim_ m m m m (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE i Ml IQUtQUE VALPARAISO STO OIRINCO 4/4 1/4 I*4 CARGO FOA PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA
      143 words
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      Page 29 Advertisements Column 4
      161 29 <cfs> CRYSTAL FREK^SERVICES^ TK 847SM Tfc 43M1 CFSIN FAX *****U [TTTTj^Tj| PLUSCOL INTERNATIONAL LINES PTE LTD TEL 223 9988 THE BEST DIRECT/TRANSHIPMENT RATES JAKARTA 11/2 18/2 SURABAYA 13/2 20/2 BELAWAN 11/2 15/2 BANGKOK 12/2 16/2 PT KELANG 11/2 15/2 PENANG 11/2 15/2 OMICCT MR vice TO OARWM/RT. He OLANC/BROOMS* Accepting
      161 words
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      Page 29 Advertisements Column 5
      268 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 Q IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPOh' MV ALKINOI EAST BOUND SERVICE ETA S PORE LOADING FOR 15/2 Japan WEST BOUND SERVICE 10/2 U* Qaar/Baarah/Bafhdad t otto Arabian Gulf pod THROWN Ul* to tAGNOAO UPON RtQULST accepting
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      624 30 m FINE-LINER SHIPPING PTE LTD Shenton A)/ f)4 O.'C Mtrim Hojse. Spore TEL 5907 1 (8 line^) TLX RS <VWI FLINER FAX *****56 EUROPE SERVICE (FCL A LCL) I II II II II I FAR EAST SERVICE (FCL LCL) i i 1 1 vn MIDDLE EAST SERVICE (FCL LCL] i
      624 words
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      Page 30 Advertisements Column 2
      706 30 ZIM a WW m ffir iT^B'i"!J'l'i'.' i"' rTHrkJ'H^THrrrrH|.''B ZIM EIIAT ZIM KOPER AUSTRALIA CONTAINER SERVICE ZIM KAONSIUNC ACCEPTIW CAASO TO AOCLAIOE VIA MELBOURNE ANO ALSO PCI TO CUAM ZIM EIIAT CBNTAINER LINE VCE ITM m Aeopbm Fa Te Einpim mt Milirmiin Port*. Ah* LCL/FCL to a* GOLD STAR LINE VARDA
      706 words
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      Page 30 Advertisements Column 3
      390 30 aou-rim? lLwiiss, rtiaay, February 3, iwra Everett Lines LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS' WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Pw»m* P. lUU«n* Singapore MucHEVERrrr 11/12 Fa* MANOLOCVWETT 21/27 Fafc ROS£EVERETT \qj\2 "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE
      390 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      280 31 AUSTRALIA /NEW ZEALAND FREMANTLE, MELBOURNE, SYDNEY AUCKLAND, CHRISTCHURCH EUROPE HAMBURG/FELIXSTOWE HAMBURG/FELIXSTOWE TOKYO 17/2 BANGKOK 14/2 MANILA 12/2 BUSAN 14/2 FAR EAST PORT KLANG PENANG KAOHSHIUNG KEELUNG SOUTH ASIA/MIDDLE EAST/PAPUA NEW GUINEA/SOUTH PACIFIC UNITED STATES OF AMERICA U 01 DEAL OFFERI! TEL: *****77 TLX: RS ***** 3ANFE FAX: *****21 Seabrfi£fe vumycyTia
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      Page 31 Advertisements Column 2
      210 31 Consolidation Service PAPUA NEW GUINEA SIN: 7/2 PT MORESBY/LAE PACIFIC ISLANDS SIN: 25/2 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLANDS SIN: 24/2, 28/2 PORT LOUIS/REUNION TRANSTAINERS WEST AFRICA SERVICE TU N IS/ALGIERS/CASABL ANC A/ NOUAKCHOTT DAKAR/BANJUL/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNOE/OUAGAOOUGOU/ BANGUI/KINSHASA TTA Freight Pte Ltd Tel: *****55 tlx rs
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      Page 31 Advertisements Column 3
      459 31 SING KWANG HANG SMFMNQ TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE DESTINATIONS ETA SINGAPORE PORT KELANG 4 FEB MANILA 6 FEB HONG KONG. ALL CHINA PORTS 12 FEB KEELUNG. KAOHSIUNG S FEB BUSAN 7 FEB TOKYO, KOBE 7 FEB CHITTAGONG 11 FEB DUBAI 8 FEB SYDNEY, MELBOURNE 4 FEB BRISBANE. ADELAIDE
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      Page 31 Advertisements Column 4
      523 31 I J '.I'i'-Mi'T Mmiimmi'.T TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* PKL PN BLW KAON GLORY St LA TAN VIII Voy M 4/2 GLORY SELATAN VI Voy 91 7/2 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE
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      Page 31 Advertisements Column 5
      460 31 PTC CONTAINER LINES FCL LCL SERVICE PTC GfiOUP «i FM EAIT 5/2 KEELUNG/KAOHSIUNG 5/2 BANGKOK 5/2 MANILA 11/2 JAKARTA 11/2 PORT KELANG/PENANG 9/2 BUSAN 7/2 TOKYO/YOKO/KOBE 7/2 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fiunou/ Xiamen/Xingang/Shanghai 9/2 RDM/HAM/ANT/LE HAVRE/GENOA 9/2 LDN/FLX/LVP/SOU 7 71 JT v T T .l 5/2 LA./NYC/SFO 5/2
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      Page 32 Advertisements Column 1
      472 32 /y Hai Sun Hup Co (Pte) J mmo r EL *****06 (20 Lines/ TLX MS ***** &OS W Jt I \S lIK\ K ll\ |< I). STRAITS/ JAPAN/ STRAITS SERVICE iPECIALIST IN RO-R0 HEAVY LIFT! Hons Kong Yokohama 27/2 Nagoya Osaka Senboku Funabashi 26/2 •For Discharging Only OTI TA»IS i
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      Page 32 Advertisements Column 2
      394 32 YANG LINE EXPRESS FAR EAST/EUROPE FULL* CONTAINERISED SERVICE WESTBOUND Alto accepting for Inland UK tatinatioM Antwarf md ScaiManavian FMG HOTA ME WC AN f G«ANCOk.OWB ANA S NATIONAL tlN£ or COIOMB a EASTBOUWD ooa DOMINANCE u KOREAN CHANCE MC NUMBER BRIDGE 01E CNOYANC SUCCESS Ub tor NK/KAO/BUSAN/OSAKA/TOKYO CAVN COMPAN a
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      Page 32 Advertisements Column 3
      444 32 P.T. MASKAPAI PELAYARAIS PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETW«N™E PORTS OF SPORE, INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 VSL OKUNOZE PUL ADIL TANAH AIR OKUNOZE VSL PUL ADIL
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      Page 32 Advertisements Column 4
      657 32 miimm ttiiwo, ciiuay, rcuiiuu; a, ijtoo CALL US AT: P. KELANG PENANG J BAHRU P. GUOANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 £-*****3; *****5. *****0. *****1 02-*****22 *****88 TO EUROPE FEEDER I BWTANC US BUT AM SD i. butanc sn B BUTANC IS OTHER DESTINATIONS: AARNI BREMERMAVEM. COPENHAGEN FROM
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