The Business Times, 9 February 1989
1989-02-09
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The Business Times
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Title Section11 1989-02-09 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, FEBRUARY 9, 1989 75 CENTS11 words
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Article263 1989-02-09 1 Dow up WALL STREET stocks were higher in esrly trading yesterday, led by the blue chip stocks. The market was following up Tuesday's rally, brokers said. The Dow was up 10 at 2357. Gainers led declining issues by four-to-three in fairly active trading. Reuter Footsie up LONDON263 words
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Article, Illustration240 1989-02-09 1 BUOYED by a strong 26-point rise on Wall Street overnight and a record close in Tokyo, investors in Singapore steered away from tradition by actively trading on the usually quiet third day of the Lunar New Year. As a result, the Straits Times Industrial Index240 words
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104 1989-02-09 1 THE US DOLLAR yesterday closed steady against major currencies in Asia as most traders stayed on the sidelines ahead of today's release of US budget proposals by President Bush. In Tokyo, the dollar ended at 129.50 Japanese yen and 1.8700 West German marks, barely104 words
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518 1989-02-09 1 AFP Reuter AFGHAN REBELS stepped up their attacks on the cities of Afghanistan, killing and wounding Afghan soldiers taking over positions and air bases from withdrawing Soviet troops. Tass news agency said that in the past 24 hours, Afghan army troopsAFP; Reuter - 518 words
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690 1989-02-09 1 MAGDALENE NG - Offer of 72 million Steamers shares in the offing By MAGDALENE NG STRAITS STEAMSHIP Co Ltd has finalised details for the flotation of its wholly-owned subsidiary Steamers Maritime Holdings Ltd (Steamers) on the main board of the Stock Exchange of Singapore. Steamers will690 words
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315 1989-02-09 1 AP NIPPON TELEGRAPH and Telephone Co said yesterday a fouryear research programme had borne fruit by using compact machinery to produce a powerful light that may be used to make computer microchips with huge memory capacity. NTT, Japan's giant telecommunications company, claimed the development was aAP - 315 words
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206 1989-02-09 1 Bernama DEPUTY New Umno president Qhafar Baba will bring up at the next meeting of the party's supreme council a proposal to impose a time limit for the automatic admission of former members to the party. This was to safeguard theBernama - 206 words
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547 1989-02-09 1 FOO CHOY PENG - By FOO CHOY PENG Hongkong rorriipondinl A SEVERE labour shortage in a booming economy will see Hongkong workers getting doubledigit pay rises again this year. A survey by the Hongkong Institute of Personnel Management shows that employees will see their pay going547 words
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Article94 1989-02-09 1 Bernama PRESIDENT SUHARTO of Indonesia will hold talks with Singapore Prime Minister Lee Kuan Yew and the presidents of West Germany and Zambia during his stay in Tokyo later this month, Indonesian State Secretary Moerdiono said yesterday in Jakarta. The topica of theirBernama - 94 words
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Page 1 Advertisements
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Advertisement128 1989-02-09 1 vW? Burberrysl co u J 5 O Reigns when it pours Full report, PAGE 14 World mfcts, PAGE 13 FOR SMALL BUSINESSES At Great Pacific Finance, we help small and medium-sized businesses grow. We're the Small Industries Finance Scheme (SIFS) specialists and we can give you fast, efficient advice on128 words
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Advertisement207 1989-02-09 1 ®DGraaiara Editorial Comment 8 Time at last for a good deed One Man's View 8 All for one and one for all Taiwan's trade policy 8 A stimulus to regional growth S'pore Investments In Thailand 2 Up sharply in recent months Mobil 2 Happy with 1988 performance Advertlalng A Marketing207 words
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Advertisement59 1989-02-09 1 TOTAL TRANSPORTATION vrr jjJ tel: 265-3833 CROWN PACIFIC *>ngopore Elwone Ajqnef Shops operated by M_B Me*~on. Pte Ud #01-02 Shaw Contra Tat: *****41 #01-02/04 PoMOrxhordTol: *****00* #01-20 Scom Shopping Contra Tofc *****42 Boukque Cornerv Damoru (Ground Floor) Liang Court New baton Orchard (level 2) Wbmo Alna Metro Grand Lucky Pfcan59 words
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HOME NEWS
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485 1989-02-09 2 TAN KEE WEE - By TAN KEE WEE SINGAPORE INVESTMENTS in Thailand have risen sharply in recent months, but they still trail way behind the big players such as Japan and Taiwan. In just the first half of last year, Singapore businessmen committed $16.9 million, compared485 words
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Article, Illustration289 1989-02-09 2 A FORMER financial director of defunct Pan-Electric Industries, Tan Kok Liang, has been struck off the roll of the Singapore Society of Accountants. It followed his being declared a bankrupt in September 1987 on a petition by Asia Commercial Bank for non-payment of over $850,000289 words
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338 1989-02-09 2 BRITAIN is working hard to improve on an already "outstandingly successful" partnership with Singapore, said Mr Michael Pike, the British High Commissioner to the Republic. This was because there was much to be gained by both parties from such a partnership, he338 words
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Article, Illustration318 1989-02-09 2 POLICY-ORIENTED research efforts carried out by government departments often form the basis for government de-cision-making in Singapore. But this does not mean that research efforts by academics are any less useful, said Economics Professor Lim Chong Yah yesterday. Prof Lim, the head of318 words
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Article72 1989-02-09 2 DR AHMAD MATTAR. the Minister for the Environment and Minister-in-charge of Muslim Affairs, leaves for Makkah, Saudi Arabia, today to attend the 13th session of the World Supreme Council of Mosques. The Ministry of Community Development said yesterday that Dr Mattar, who is a member72 words
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204 1989-02-09 2 AUSTRALIAN subsidiaries enjoying pioneer status in Singapore can breathe a sigh of relief with Australia's decision to grant them tax sparing. Tax sparing means that dividends remitted by pioneer-status Australian companies here which enjoy a tax holiday would be considered as having204 words
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384 1989-02-09 2 MOBIL OIL Singapore is the latest oil major to report a successful 1988, with chairman L W Allstadt telling employees they can "justifiably feel satisfaction and take pride" in what was accomplished. His message published in the latest issue of Mobil Singspore,384 words
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Article395 1989-02-09 2 imm 1 'Seminars and Courses CEG CAHNERS EXPOSITION GROUP 1 Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 1 Feb 20-22 Feb 22-23 Feb 22 and 23 Fundamentals of Financial Instruments How to Prepare Strategic Marketing Plans Direct Marketing Hyatt Hotel Hyatt Hotel Boulevard Hotel Maxitrends Eastern Consulting395 words
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Article, Illustration203 1989-02-09 2 ANNIE WEE, one of Singapore's first women in corporate banking, has joined Russell Reynolds Associates as managing director of its Singapore office. Her vast experience in the banking sector includes being managing director of Citicorp Financial, director of the Export Credit Insurance Corporation of Singapore Ltd and203 words
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Page 2 Advertisements
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Advertisement136 1989-02-09 2 Haute Cuisine Shanghai... > m j i::. r i X 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 in136 words
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Advertisement10 1989-02-09 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day10 words
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ADVERTISING & MARKETING
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Article, Illustration451 1989-02-09 3 GENEVIEVE CUA - By GENEVIEVE CUA AMERICAN advertising agency Chiat/Day has made a bid to acquire the publicly-listed Mojo MDA Group Limited based in Australia. If successful, the bid will create a new international agency group, Chiat/Day/Mojo. Mojo MDA will then be de-listed from the451 words
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Article, Illustration471 1989-02-09 3 A SINGAPORE company has begun trial marketing of what it says is the world's smallest special effects audio-video equipment for the broadcasting industry. More than a thousand units of Microseries' initial video modules have been sold to its test markets Australia, Europe, the471 words
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Article, Illustration344 1989-02-09 3 THE PAST YEAR broke advertising records for Time International in terms of revenue and ad pages. Time reported that its Man of the Year issue with the Planet Earth as its theme raked In advertising revenues of U552.54 million, up 135 per cent over sales of344 words
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289 1989-02-09 3 A NUMBER of airlines are going out of their way to woo passengers with offerings ranging from a personal television screen to neatly packaged cultural briefs on Asia. For instance, first and business class travellers of Japan Air Lines will enjoy a personal video service289 words
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COPY LINES
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Article100 1989-02-09 3 ASIAN BUSINESS PRESS has appointed Gerald Dick as managing editor of its new Asia-Pacific Aerospace, to be published monthly from June. Mr Dick, from Brisbane, Australia, founded an inflight magazine, Paradise, for Air Niugini in 1976. Later, he upgraded Ansett's Panorama newsletter into an inflight magazine.100 words
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Article90 1989-02-09 3 STEVEN HOWARD has been appointed account director at BBDO Singapore. Mr Howard began his career as copywriter and project manager at Texas Instruments in Texas. He started the marketing communications department in Singapore for Texas Instruments Asia-Pacific Division in 1980. Mr Howard went on to join90 words
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264 1989-02-09 3 FROM mouth-watering Cantonese dishes, silky garments. handicrafts to China holidays. That's what the four tenants st the Empress Place exhibition centre will offer when they open for businees in early April in time for a big conference on the travel induatry. Then, Singapore264 words
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Article, Illustration451 1989-02-09 3 Genevieve Cua - is no -bf i Genevieve Cua THE OLDEST advertising agency in Singapore, Starlight Advertising, has embarked on a major restructuring which its officials hope will place It in the ranks of the Republic's top agencies. The agency's vision, said Starlight business451 words
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Page 3 Advertisements
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Advertisement101 1989-02-09 3 I'JTi; «i Vi il 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 for you! rjf101 words
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Advertisement168 1989-02-09 3 Into every marriage a little rain must fall. With it, comes the awesome reality that life is no bed of roses. Umbrellas are fine as far as affording temporary relief. But a loving gift from ManuLife lets a little sunshine through when you need it most. It takes so little168 words
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ASIA-PACIFIC
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588 1989-02-09 4 Few signs of change in investment/savings trend Reuter JAPAN has had as little success learning to spend more on itself ss the United States has had spending less. That spells trouble for the world economy. Economists said Tokyo's failure to put moreReuter - 588 words
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274 1989-02-09 4 THE US Commerce Department has ruled on Tuesday that Japan was "dumping" microdisks in the US at less than fair value, paving the way for imposing anti-dumping duties on the shipments. The department said Japanese firms were selling the 3.5 inch (nearly nine274 words
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393 1989-02-09 4 Reuter TALKS between South and North Korea aimed at setting up an unprecedented meeting of their prime ministers stalled yesterday over the North's demand for cancellation of planned US-South Korean war games. The long-awaited talks broke up sfter more than twoReuter - 393 words
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176 1989-02-09 4 AFP PAKISTAN'* ambassador in Washington said on Tuesday that his country waa on ths verge of a nuclear weapons capability but had no plana actually to build such weapons. "It is right to say that we are one of the threshold states," ambassador JsmsheedAFP - 176 words
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133 1989-02-09 4 AFP SOVIET Deputy Foreign Minister Igor Rogachev on Tuesday denounced Japan's stand in negotiations linked to a visit to Tokyo by Soviet leader Mikhail Gorbachev, but denied that relations had been shaken. Mr Rogachev told a news conference that a critical editorial in Tuesday's CommunistAFP - 133 words
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381 1989-02-09 4 Reuter THE EUROPEAN Community goal of a unified market by 1992 needed Japanese investment and was not aimed at cutting the Japanese off from doing business in Europe, a senior Bank of England official said on Tuesday. Anthony Loehnis, Bank ofReuter - 381 words
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Article, Illustration531 1989-02-09 4 UPI PARAMANANDA, a loincloth-clad holy man from the Bronx in New York, strode out of the icy waters of the Ganges river after performing in the sacred wsterway Hindu rituals aimed at making himself immortal. "It feels good." beamed the American, whoUPI - 531 words
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343 1989-02-09 4 FT FOREIGN INVESTMENT In Indis rose sharply In 1968 to 2.4 billion rupees (US$lOO million), more than doubls 1007's totsl of 1.1 billion rupsas. In 1900, ths number of sgrssments bstwesn Indis snd foreign companies for technological collaboration and equity participation also rose by justFT - 343 words
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Article122 1989-02-09 4 Reuter A MOVE by the New Zealand government to reduce social welfare coats was welcomed by market analysts as a small step on a long road of fiscal reform. The government announced on Tueeday night that It was changing the basis for social welfareReuter - 122 words
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Article908 1989-02-09 4 ARRIVALS DEPARTURES Operator numtw 1 /wwl Km* From Operator Stfvlci For UAL OAL AUC SU KM TMA IAC su MAS MAS MAS ACA SU cn ou CIA su RIA SU GU PAL SU TMA GU MAS GU SU SU SU IAW SU SU SU THA GU SU908 words
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Page 4 Advertisements
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Advertisement27 1989-02-09 4 "W Tlx businen pcnon's choicr every Tuesday, I lIIV If If C*ll your Travel Agent or Air Cinada it 7JMSSS. A BREATH OF FRESH AIR Air Canada27 words
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Page 4 Miscellaneous
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Miscellaneous43 1989-02-09 4 Doonesbury YOUSURB IT WON'T BOTHSRMJIFI LOOK THROUGH POSITH&eOLP UN& TIV6-. ISTTBRS, J.J. r A YOUR. MST IS FART OF you, Mine. TTHELPEPMAKB YOU MHO VOU ARB. YOU SHOULP STAY IN TOUCH WITH IT. wen, OKAY... IF YOU SAY SO. 1 BY GARRY TRUDEAU43 words
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Miscellaneous232 1989-02-09 4 City Max/ Note MR CO AdeWde 31/23 Fkw Airatordom 10/07 CJeor Athens 14/02 Qaor Bahrain 17/10 Omt Bangkok 32/24 Oeor Borbodos 20/23 Clear 05/-3 Cloudy Beirut 1A /10 Sunny Bolgrodo 02/-01 Cloudy Berlin 10/05 Rain Bermuda 24/20 Oeor Bom 12/06 Cteor Brisbane 27/19 Ffee Brussels 12/05 Omt Budapest 06/00 Gear232 words
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REST OF THE WORLD
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342 1989-02-09 5 Reuter PRESIDENT Bush, who is expected to seek cuts in his predecessor Ronald Reagan's defence spending request, says his budget plan is only a basis for negotiations with Congress. Mr Bush is scheduled to discloses his revisions tonight during a nationally televised address toReuter - 342 words
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273 1989-02-09 5 Reuter US PRESIDENT George Bush is likely to meet Nato partners for the first time since his inauguration at a summit of heads of government in Brussels in May, diplomats said on Tuesday. The meeting would consider the course of East-West relationsReuter - 273 words
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297 1989-02-09 5 AFP THE POLISH government warned that its talks with the opposition could not magically solve all of the country's economic and political problems. Government spokesman Jerzy Urban warned against "exaggerating the hopes" for the "round table" talks, which began on Monday between theAFP - 297 words
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215 1989-02-09 5 Reuter NEGOTIATORS trying to revive stalled world trade talks ended a three-day session on commercial piracy in what they called a good working atmosphere, agreeing to meet again next month. The exchanges were part of informal consultations being conducted by the director-general of theReuter - 215 words
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Article101 1989-02-09 5 Reuter SOUTH AFRICA'S efforts to achieve a settlement in Namibia and Angola were evidence of its commitment to peace in southern Africa, Foreign Minister Pik Botha said in a letter to Canadian Foreign Minister Joe Clark. Mr Botha released the text of his letter, sentReuter - 101 words
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468 1989-02-09 5 AP EUROPEAN officials bound for a meeting of the EC yesterday were set to protest formally against a tariff imposed by the US in retaliation for their ban on hormone-treated US meat. Officials of the 12-nation European Community were scheduled to convene atAP - 468 words
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Article, Illustration432 1989-02-09 5 UPI CLAYTON YEUTTER, a tough negotiator who opened foreign markets to US exports, won unanimous committee approval on Tueeday to become Agriculture Secretary. Senate confirmation was considered a cinch. Mr Yeutter, meanwhile, said the US will not budge from its objective ofUPI - 432 words
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171 1989-02-09 5 Reuter THE Houae of Repreaentativee on Tueeday overwhelmingly rejected a 50 per cent pay increeee for Congress, federal judgee and top civil aervanta. Bowing to intsnse public pressurs, the members of the Houss voted 380-48 agalnat a measure that would raiae their ownReuter - 171 words
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Page 5 Advertisements
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Advertisement165 1989-02-09 5 •> mir -m ,«y< A J ■*+> oday is yet another milestone in the history lof USSR Civil Aviation. February 9 Aeroflot Day marks the 66th Anniversary of the founding of Aeroflot Soviet Airline, the USSR State Airline. Aeroflot, the world's biggest air carrier flies to about 100 countries in165 words
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MONEY AND EXCHANGES
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Article427 1989-02-09 6 Reuter EURODOLLAR futures closed little changed after fluctuating narrowly in quiet trading on Simex yesterday. Sentiment was undsrpinned by strong demand at Tuesday's US Treasury three-year notes auction. But operators were cautious, awaiting results of yesterday's sale of US$9.5O billion of 10-year notes. March Eurodollar held steady at Chicago'sReuter - 427 words
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Article176 1989-02-09 6 IMM currency futures ended Tuesday's session narrowly mixed after edging back towards unchanged levels in the abeence of market-moving news. Prices initially extended Monday s gains on the consensus view that central banks have effectively halted the dollar's rise for the time being, said Marc Chandler, currency analyst at176 words
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Article168 1989-02-09 6 Qold futures on Fob 7, 1989 100 feoy 0»M ouncax US* par toy oun n M*» Loo Mte Nb 394.30 394.30 ***** 392.30 .170 Mor 39X00 •IJO 397.00 397X0 ***** 39X50 -IJO Jun 402.20 402X0 399 JO 400 y} ■1-50 Aug 4MuOQ 40X50 40X90 -1 JO Oct168 words
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Article1359 1989-02-09 6 CURRENCY FUTURES OPTIONS Wednesday, 1 CD 2 OCUTtCHKMAMK (8KMX) mm MM Ijp Oaa Mar HW 00 p«M Law Oaa SI "IF" *A S 92 ISA 13 S3 39* 3* S4 41 41 41 07A 04. SS 14 14 14 139A 13* 3* 6 249A 343 57 4 59 1ft1,359 words
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Article172 1989-02-09 6 ASIAN DOLLAR deposit rate# ended firmer yesterday compared with laat Friday's closing levels, after a day of thin trading. us$ 7 doyi OffH WO 9 5/16 9 3/1* 1 MR* 7/16 9 5/'6 2 mow#w 9 1/2 9 3/t 3 win 9 9/1* 9 7/14 A iliil172 words
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Article1335 1989-02-09 6 SINGAPORE: The US dollar yesterday extended its llstlsssness Into Asia. With the Fed's apparent lack of response to Friday's employment data taking the wind out of expectationa of further monetary tightening, US dollar bulla will have to wait till President George Bush reveals all in his budget plana1,335 words
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Article65 1989-02-09 6 THE OVERNIGHT rate on the Singapore money market fell by 1 point to close at 4-1/2 per cent yesterday. Short term rates fell 1/16 point across the board. ■M HI r S$ Interbank rotes at the close yesterday: ora mo Onnigh. 4 1/3 4 1/4 l-m*. 5 J/1665 words
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Article118 1989-02-09 6 Treasury bills Period Issue Yesterday's doting Day's cod. Maturity to owe MGH LOW 3 —win BQ*****N 11.05.89 3.45 140 155 143 6 nmilh» BY*****S 20.07.89 155 3.50 165 152 1 year BY*****H 23.11.89 378 173 181 176 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing118 words
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Article, Illustration172 1989-02-09 6 ■m prim* of 11 KMfor banks In S*p«r« Interbank market rates (offer/bid) on Fab 8 usi DM SWFC Y«n 7 4mf 1/4 f 1/8 1» t/B IS —S 7/» 3 3/4 S 1/3 4 3/1* l/l* 1 3/i 1/4 1) 1/1«— 13 15/1* 3/<« 3 13/1* 11/1*172 words
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Page 6 Advertisements
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Advertisement119 1989-02-09 6 V If -i.:. GET AN EB THERMAL BINDER AT A GIVEAWAY PRICE! Purchase a CAF 386 Master or 286 Master and get an EB Thermal Binding Equipment worth SS9OO for just SS2OOI Offer while stocks last I Built-in Password facility in hardware that's not available tin any other ATs. r119 words
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BANKING AND FINANCE
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424 1989-02-09 7 PAUL GOPAL - By PAUL GOPAL FIXED DEPOSITS with commercial banks in Malaysia grew at a more rapid pace than demand deposits, while customers showed a distinct preference for longer-term deposits, according to a Bank Negara publication. The publication, Money and Banking in Malaysia, said fixed deposits grew at424 words
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202 1989-02-09 7 AFP FEDERAL AGENTS moved in on Tuesday to take over failing savings and loans institutions in four American states. Officials said similar action within the next month should lead to federal agents taking over 224 ailing savings and loans, the US equivalent ofAFP - 202 words
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448 1989-02-09 7 Reuter THE PROPOSAL by US President George Bush to impose a higher insurance premium on bank deposits, as part of his plan to rescue the thrifts and bolster the banking industries, will squeeze bank profits but not result in bank failures, bankersReuter - 448 words
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191 1989-02-09 7 Reuter SKANDINAVISKA Enskilda Banken, the largest bank in the Nordic region, is preparing to tackle the challenge of a deregulated Swedish economy by expanding internationally and cutting costs. Jacob Palmstierna, currently one of four presidents and who takes over this spring as groupReuter - 191 words
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Article, Illustration271 1989-02-09 7 Reuter THE WORLD BANK has scaled back its borrowing plans because voluntary loan prepayments have left it flush with cash, Ernest Stern, the Bank's senior vice-president for finance, says. The Bank now plans to raise US$lO billion on the world's capital markets in itsReuter - 271 words
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375 1989-02-09 7 ALVIN TAY - USs76m FOR ANSETT TO LEASE TWO BOEING 757s By ALVIN TAY THE SINGAPORE BRANCH of Dai-lchi Kangyo Bank has arranged a US$76-million leveraged lease financing that will enable Ansett Worldwide Aviation Ltd to lease two Boeing 757 aircraft. A Dai-lchi Kangyo Bank official said375 words
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405 1989-02-09 7 Reuter JAPANESE securities firms and commercial banks have halted their drive to start or acquire primary dealerships in US government securities, bond managers say. Japanese firms, first allowed to have such operations in December 1986, owned or had a majorReuter - 405 words
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COMMODITIES
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Article204 1989-02-09 7 Chinese Produce Exchange SoNors' noon doting price* on Fob 8 (SS/100 kg) Coconut oil Bulk FOB 108.00 Old drum FOB 118.00 Now drum FOB 122.00 Copra Mtood (loos*) 64.00 MM#ts Popper Muntok wNt* FOB NtW 707J0 Sarawak wMto FOB faq NIW 697-50 Sarawak spodol block FOB NLW 500.00204 words
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Article256 1989-02-09 7 London Commodity Exchange Buyer/Seller dosing prices on Fob 7, (£/tonno unless specified). Previous dosing prices in parenthesis. Coffee Basis In-store London, sellers option OF London Mar 1178/80 (1180/83) High/Low 1190/75 May 1149/55 (1152/55) High/Low 1162/47 Sale* (1850) Cocoa Mar 842/843 (835/836) rtgh/Low 846/830 May 854/855 (846/847) High/Low 858/839256 words
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Article52 1989-02-09 7 ROTTERDAM Closing prices on F*b 7 Palm oJI crvd* Sumatra /M'iJa MlWfl option (US$/tono«) Apr/Jun 400slr (405i1r) Palm o« no FO« (Ms/tonrw) Apl/Jun unq (gnq) OMn MO FOB |Ms/tonn.) F«b unq (unq) Stearin 880 PORAM M'jia OF Rotterdam (Ms/tonrw) F*b/Apf unq (unq) Palm k*m*t ofl OF (Ms/tonn*) Mor/Apr52 words
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Article134 1989-02-09 7 Telerate ACTIVITY for fuel oil remained thin on the Singapore market yesterday on stable-to-soft prices. Market sentiment was seen as bearish. Little serious inter- est was noted as players were either away or catching up on paper work. Taiwan tendered to buy 120,000 tonnes of MSFOTelerate - 134 words
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Article110 1989-02-09 7 SINGAPORE: Closed MALAYSIA: Closed TOKYO: Rubber futures closed lower in very active trade yesterday, but were off their lows as losses were pared by bargain hunting near the close, dealers said. Prices were 2.1 to 3.5 yen per kg lower. After prices plunged in the mid-afternoon session on disappointed110 words
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Article212 1989-02-09 7 Soybean Wheat SOYBEAN FUTURES rallied from early lowa on local and commiaaion house buying, meeting little commercial selling pressure due to slow country movement, closing with gaina of 3-1/2 cents to 1/2 cent per bushel in light dealinga on the Chicago Board of Trade on Tueaday. March aettted at U557.57-1/2.212 words
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Article336 1989-02-09 7 JAKARTA ADVISES AGAINST MORE RUBBER GLOVE INVESTMENTS Bernama INDONESIA has advised potential investors in Jakarta to avoid investment in manufacturing rubber gloves owing to surplus and uncertainty in the world market though officials said they would approve new applications. Minister of Trade Ariffin Siregar saidBernama - 336 words
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Article268 1989-02-09 7 LONDON: Gold was fixed at U*****.40 an ounce yesterday morning, down US$l.O5 from Tuesday's morning fix. TOKYO: Yen-denominated gold futures closed one to four yen per gram lower in a thin trade yesterday. Other Far East markets, closed due to the Lunar New Year holidays, also kept local268 words
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277 1989-02-09 7 Reuter INDONESIA, the world's third biggest coffee producer, wants a higher export quota from the International Coffee Organisation (ICO) if the group imposes new restrictions on shipments to nonmembers. "Of course we disagree if our market to non-quota members is limited," Trade Minister ArifinReuter - 277 words
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284 1989-02-09 7 Reuter WEAKNESS in London Metal Exchange (LME) copper, with the market some US$4OO below end-January record highs, is pulling most other base metals lower, metal analysts and dealers said. Since the start of February, various strikes or the threat of stoppages by major Latin– Reuter - 284 words
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PERSPECTIVE
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Article548 1989-02-09 8 SINCE TIME IMMEMORIAL, it has been the practice of the most ardent lovers to meet in death if they cannot come together in life. In a horrible variation of that theme, it has become the practice of politicians to torment their rivals in548 words
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Article1136 1989-02-09 8 SEAH CHIANG NEE - By SEAH CHIANG NEE IN SINGAPORE, as in many Asian societies, the government is synonymous with the civil service, and vice versa. Among the Chinese, the word "zheng fu" is the same for both. There is no distinction. In the West, the political1,136 words
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679 1989-02-09 8 IHT TAIWAN'S recent surge of investment and trade with non-commu-nist nations in South-east Asia as well as offers of substantial aid are being welcomed as a major stimulus to economic growth in the region. Malaysia and other South-east Asian nations are expanding relationsIHT - 679 words
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Article, Illustration528 1989-02-09 8 GUY DINMORE - The lessons of Afghanistan have speeded up joint Chinese and Soviet efforts to bring about an amicable Kampuchean settlement. Meanwhile, the growing popularity of Soviet strongman Mikhail Gorbachev among the Chinese has sparked US concern. By GUY DINMORE THE LESSONS of Afghanistan have speeded joint Chinese528 words
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591 1989-02-09 8 Reuter THE UNITED STATES is maintaining a neutral attitude towards a Sino-Soviet thaw, apparently confident President Qeorge Bush's visit to China later this month underscores Beijing's firm friendship with Washington. Foreign policy analysts agree that improvement in ties between the two communist giantsReuter - 591 words
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481 1989-02-09 8 Reuter MIKHAIL GORBACHEV may never match Mickey Mouse in the popular affection of the Chinese, but his summit visit could spark an outbreak of "Gorbymania". More than a century of suspicion. interrupted by a decade of friendship sfter the communist take-over of ChinaReuter - 481 words
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Page 8 Miscellaneous
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Miscellaneous46 1989-02-09 8 BriStoW? ftanfr PirfrTg gigglc:: gigguc' I VG- &&E.H ReRDI^G RM OLD Diߣy...He£e: rrg. my Fißst \roPReSS»ONS OF YOU NEU CHRP RRRIVeD B-Boring ...R-RUN OFTMe. miu— I insignificrmT. S- seepN -T -TpflrYO- oveßtoeiGMT... tJ- I*>RLL\ RJVJNV LjuivT-s so FoHNyp (VCNINO (TANOANO CO. LTD., IM2-IM* 70 3 346 words
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SPORTS
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Article, Illustration513 1989-02-09 9 TENNIS Reuter AGE is mellowing Martina Navratilova. The onca invincible No. 1 of women's tennis fears she is simply becoming too aven-tempered to win much any more. "I am too nice. I am happy for people when they are winning," said Navratilova, 32, afterReuter - 513 words
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Article, Illustration460 1989-02-09 9 AFP TENNIS STAR Bjorn Borg's drug overdose was not a suicide bid but an attempt to get some sleep because he was feeling ill, one of his closest friends said on Tuesday. Ingmar Alverdal, the Swede's personal adviser and long-time friend, played downAFP - 460 words
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388 1989-02-09 9 BASKETBALL AP JEROME KERSEY scored a sea-son-high 33 points and reserves Steve Johnson and Kiki Vandeweghe keyed a fourth-period rally to bring Portland from a 12-point deficit to a 134-125 victory over Dallas on Tueeday. Portland trailed 104-82 after three periods butAP - 388 words
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Article, Illustration389 1989-02-09 9 Reuter MAYBE it was the ghosts of old-time trainers haunting him, but Frank Bruno looked very slow and awkward on Tuesday following a weekend visit with a woman he described as "my lady". For years, it has been a boxing axiom especially among veteranReuter - 389 words
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Article, Illustration715 1989-02-09 9 SKIING AFP MATEJA SVET became the first woman from Eastern Europe to win a major alpine skiing title when she stopped Vreni Schneider's winning run in the world championships in Vail, Colorado, on Tuesday. The 20-year-old Yugoslav was second fastest on both runs of theAFP - 715 words
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449 1989-02-09 9 Reuter THE WORLD alpine skiing championships has had its share of surprises so far with little-known West German Hansjoerg Tauscher winning the men's downhill and all-conquering Swiss Vreni Schneider twice denied gold. Now for some suspense introducing Italian Alberto Tomba, the sport's mostReuter - 449 words
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291 1989-02-09 9 CRICKET Reuter WEST INDIES manager Cliva Lloyd and Auatrallan captain Allan Bordar have called for juat two umpiraa to be appointed for future Teet aeries between the two countries. Speaking after the fifth and final Teat ended in a draw in AdelaideReuter - 291 words
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Article, Illustration621 1989-02-09 9 WALTON MORAIS - BOXING By WALTON MORAIS WITH JUST over a week before the fighters arrive in Singapore to begin final preparations for their world title bout, challenger Mike Phelps will be hoping that Ellyas Pical will provide the final stepping stone for his elevation into the ranks of his621 words
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LEISURE
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Article, Illustration721 1989-02-09 10 JOAN HANAUER - Columbo's back still as quirky as ever TELEVISION By JOAN HANAUER In New York UPI PETER FALK is back as Columbo and in the decade since he was a regular on TV very little has changed hia face is a little more lined, his trenchcoat has got dirtier and hisUPI - 721 words
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Article, Illustration971 1989-02-09 11 VINCENT CANBY - FILM INDUSTRY By VINCENT CANBY NYT BY SELF-APPOINTMENT film purveyor to the world, Hollywood. in turn, has always welcomed artists from abroad. Some great directors, such as Jean Renoir and Max Ophula, came and went. F W Murnau, Billy Wilder and Fritz Lang, amongNYT - 971 words
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Article, Illustration410 1989-02-09 11 HARISH MEHTA - By HARISH MEHTA A PHILIPPINE SENATOR on Monday formally launched a feature film project to highlight the "dangerous implications" of the continued presence of US military bases in the country and the impact of US "economic monopolies" on the people. Financed by the private410 words
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Page 10 Advertisements
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Advertisement240 1989-02-09 10 Where to entertain... Where tv entertain... Where to entertain... Where to ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE OF MAIN COURSES. PALM For between $26++ and $40+ you can select from our appetiser CjKILL buffet including seafood, smoked salmon240 words
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Advertisement334 1989-02-09 10 2P MB) BE MY VALENTINE (14 Feb 1989) Time of the year for pink hearts, red roses, cupid's arrows, endearing words. Whisper sweet nothings over a candlelight set dinner, where soft lights and romantic music prevails. Toast to an everlasting love with a 'Sweetheart' cOcktatl while our performer* deliver current334 words
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Advertisement240 1989-02-09 10 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50* per ptrSOn.240 words
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Advertisement167 1989-02-09 10 o Level 4 Discotheque A vortex of sight. sound and sheer imagery X* i *V f NO COVER CHARGE Sun to Thu Fri, Sat it Eve of Pub. Hoi: Ist Drink $18.00 Showtime: 11.30pm to 12 midnight Models: Classy Flair r* UNGAMXH < g tzxcehior note/ 5 Coleman Street. Singapore167 words
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Advertisement387 1989-02-09 10 a /Jm RENDEZVOUS in i n P Day Mandarin Bail roo tmiary 14, 7.30 pm The Mandarin Ballroom is magically transformed r- into a garden of Eden. Spend a romantic evening with your sweetheart at our Park. Dine on choice food and wine, dance to your favourite big band sounds387 words
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Page 11 Advertisements
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Advertisement218 1989-02-09 11 entertain.... A Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties. Located on ttie 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm. Century Park Sheraton Singapore 16 Nossm Htl Singapore 1025 Telephone218 words
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Page 11 Miscellaneous
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Miscellaneous629 1989-02-09 11 CRYPTIC PUZZLE 1 A pet repeater (6) 7 Ruler ever superior to the master (8) 8 Send down deliveries (4) 10 Such arguments arise from friction (6) 11 Help a numskull to sit around (6) 14 One donkey's name (3) 16 A Pole strikss out these suggestions (5) 17 A629 words
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Miscellaneous1366 1989-02-09 11 TV and RADIO Bogdanovich in Europe rm > S V OUR CHOICE DAISY MILLER, Channel 5, 10.90pm This 1974 movie attracted media attention at the time of Its making, and featured a young Cybil Shepherd. Director Peter Bogdanovich, her mentor at the time, cast her in the title role of1,366 words
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COMPANIES & STOCK MARKETS
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502 1989-02-09 12 KEVIN QWEE - A fast-food franchise first for a local company By KEVIN QWEE INNO-PACIFIC Holdings Ltd (IPH), the franchisee of Kentucky Fried Chicken, has dramatically Increased its stake in pizza fast-food business. Through a newly incorporated company in the US, Innopac Acquisition Inc, IPH has agreed to502 words
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447 1989-02-09 12 ANDREA BORCH - By ANDREA BORCH BOUSTEADCO Singapore Ltd haa agreed to acquire Elmec Systems Pte Ltd, a contract manufacturer for the electron lea induatry, for the initial amount of $5 million in caah. Bouateadco will pay another $8 million at moat over the next three yeara for447 words
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408 1989-02-09 12 D C aims to complete deal this year MBT DEVELOPMENT Commercial (D C) Bank hopea to finaliae an agreement to buy a substantial interest in stockbroking house Leong Co "within the year", chairman Qeh ik Cheong said. The purchaae is to be affected through its 70 per cent-owned merchant bankingMBT - 408 words
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369 1989-02-09 12 HERMAN PHUA - By HERMAN PHUA MOTOR GROUP Cycle Carriage Ltd, dietributor of Mercedee Benz and Mitsubishi cars, has contracted to sell its vacant plot of land at Bukit Timah to an unnamed purchaser for $24.5 million. This follows the cancellation of an369 words
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Article86 1989-02-09 12 AFP JAPANESE GROUP EIE International Corporation has takan control of a financially troubled floating hotel on the Great Barrier Reef in Australia. At an EGM on Tueaday, shareholders in Barrier Reef Holdings Ltd approved EIE raieing its shara in the enterpriae to juat over 50AFP - 86 words
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Article, Illustration708 1989-02-09 12 Reuter JAPANESE BROKERS are dieting another good ye <c Tokyo stocks. That's nc new. But this time foreigner seem convinced as well, and are rushing to grab a piece of the world's biggest equity pie. "Not being properly exposed to Japan is aReuter - 708 words
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Article, Illustration320 1989-02-09 12 ma mm... HOCK LOCK SIEW TWO REPORTS by earth-bound economists have concluded that soaring stock markets do not reflect government policy, speculation or rational thinking the prevailing force, instead, is the inevitable riee and tall of celeetial bodlee. In his reeearch papers on theHOCK LOCK SIEW - 320 words
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379 1989-02-09 12 MBT WING TAI Garment Manufacturer (S). Mr Cheng Wai Keung and Mr Cheng Wai Chee, who together own 23.78 million sharee or a 46.4 per cent stake in Dragon and Phoenix, have given their irrevocable undertakings to subscribe for their fullMBT - 379 words
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WORLD MARKETS
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Article, Illustration784 1989-02-09 13 New York Reuter US SHARE PRICES rose to new postcrash highs on Tuesday as investors, spurred by General Motors' decision to raise its common stock dividends and encouraged by the perception that President Bush will take strong steps to address US budget problems, went onReuter - 784 words
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Article, Illustration946 1989-02-09 13 London Reuter LONDON share prices were sharply higher in early business yesterday following an initial mark-up as Wall Street's 26-point gain on Tuesday and a record closing high in Tokyo gave the market an early boost. Dealers noted some two-way business but the small amount ofReuter - 946 words
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Article1570 1989-02-09 13 Reuter FRANKFURT: Weet German shares ended active trading sharply higher yesterday as the doilsr stsbilised sround 1.87 marks, easing persistent market fears that world interact rstes were rising. The reel-time 30-ehsrs DAX indsx jumped 14.94 points, or 1.1 per cent to cloee st 1,356.68. A number ofReuter - 1,570 words
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Article, Illustration618 1989-02-09 13 Tokyo Reuter TOKYO ahare pricea closed above 32,000 for the firat time yeeterday, marking the fourth straight record cloee. "New York's new poet-craah highs on Tueeday and a stable dollar since the Group of Seven industrial nations meeting (laat week) were behind the dee." said Toehiyuki Niahiguchi,Reuter - 618 words
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Article, Illustration526 1989-02-09 13 Australia Reuter INDUSTRIAL STOCKS stole the show yesterday as the Australian share market edged above the 1.500-revel despite thin trading and freeh interest rsts worries. Brokers said highsr bond yielda and the strong local dollar infuaed caution into the national market after an early surge on solidReuter - 526 words
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438 1989-02-09 13 Reuter AMERICAN AIRLINES. the largest US carrier, has announced orders and options to acquire up to 150 aircraft from McDonnell Douglas Corp in a deal that could be worth about US$7.2 billion. In the second largeet civil aviation order in history.Reuter - 438 words
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Article159 1989-02-09 13 Reuter THE SECURITIES Exchange of Thailand Index fell 2.70 points to 443.30 yeeterday on a turnover of 6,068,896 sheres worth 671.49 million baht. nu M BAHT Ao Khm'TM 424 -20 Ayudhya Invaatman 38 90 -1 Bangkok Agro-ind 111 -3 Bangkok Bank Bank Ot Ayudhya Ohm Thai winReuter - 159 words
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Article154 1989-02-09 13 Reuter SEOUL STOCKS made small gains in moderate trading yesterday with buying centred on manufacturing sectors, brokers said. The compoeite index near the close stood st 891.93, gaining 4.18 points from Saturday's close. The market was closed over the past two days for the Lunar New YearReuter - 154 words
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Article101 1989-02-09 13 Reuter MANILA share prices rebounded yeeterday following a rise in copper prices and investor perception that the downtrend in the metal's price was over, dealers said. "The market was firm. It wss the mining sector which pulled it up," said Wilson Sy, preeident of Prudential Securities Inc.Reuter - 101 words
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Article134 1989-02-09 13 Reuter BOMBAY share prices drifted lower in thin trading yesterday for the second successive day as traders kept to the sidelines to swait fresh developments, brokers said. They said operators were unwilling to extend commitments ahead of the 1969/90 budget, due at the end of theReuter - 134 words
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SES
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Article, Illustration1467 1989-02-09 14 MICHELLE OH - ty MICHELLE OH THE LOCAL stock market traded higher yesterday on strong volumes despite superstitions of "unlucky" trading on the third day of the Lunar new year. Dealers said the bullish sentiment was largely due to the sharp overnight 26-point gain1,467 words
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Article97 1989-02-09 14 WEARNE BROTHERS LIMITED: 74th AQM at OCBC Centre, 65 Chulia Street #19-00, Singapore 0104, on Wedneaday, 22 Feb at 10.30 am. THE HEW STRAITS TIMES PRESS (MALAYSIA) BERHAD: 17th AQM at the Theatrette of the company, Balai Berita, 31 Jalan Riong, ***** Kuala Lumpur on Saturday, Feb 25,97 words
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Article5569 1989-02-09 14 1M «/M Tal 1 Vol Qr's Qr's High Low Cod# Company lmm OfDay Laat Quota Dlv Dlv Vld Net M Cap MH FEB 08 (*000) UI.U n»gn Low Buyer Seller C'VT P/E $mll 3ESDAQ 187 114 t 4000 Amtek Eng 20# 134 10 86 134 130 1355,569 words
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KLSE
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Article, Illustration3291 1989-02-09 15 SHARE prices on the Kuala Lumpur stock market rallied ahead on the third day of the Year of the Snake yesterday with operators apparently still in a generous mood. Buying interest emerged right from the opening bell following the cloeure of the exchange on February3,291 words
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Page 12 Advertisements
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Advertisement69 1989-02-09 12 Financial Newsmakers BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, horse-racing, tennis, bowling, etc. And, of course, the all-round executive cannot afford to miss Sewy's golf date69 words
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Page 12 Miscellaneous
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Miscellaneous22 1989-02-09 12 A?</£rc/OC> CAU. //AZA*o'?A**/ M2r '/lA//U///Lr7&*S //CWM6 £&A£&A/'7 %Ski by Martell <acac/, o&t/, C4U. /r'A/v/u//A77a*/ rwrw&S7z> </&c.. WZA/Z0 >/.. laHp)) l/fc*J\\ MM* JkVM JB22 words
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Page 13 Advertisements
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Advertisement284 1989-02-09 13 NOTICES UNITED EASTERN COMPANY PRIVATE LIMITED (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50 that the Pinal Meeting of Members of the above-named Company will be held at the offices of Messrs. Ernst Whlnney, 10 Collyer Quay #21-01, Ocean Building, Singapore284 words
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Page 15 Advertisements
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Advertisement17 1989-02-09 15 Adjusted tor naw luu««; Par vikM $1 untaaa ottMfwto* P/E ratio* ara not adfuatad lor currancy dWarancaa17 words
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398 1989-02-09 16 Harish Mehta - By Harish Mehta HAVING SINGAPORE participate in developing industrial estates in the Philippines will attract Japanese and Taiwanese investors to the country, said Bernard Villegas, senior vice-president of the think-tank Centre for Research and Communication. He told BT in an exclusive interview that398 words
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Article, Illustration686 1989-02-09 16 HARISH MEHTA - 'Growth is becoming investment-led' By HARISH MEHTA PREDICTING a better-than-ex-pected growth of 7.5 per cent in 1989 for the Philippine economy, a leading economist said that his country would follow in the footsteps of the Newly Industrialised Economies and would join their ranks686 words
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Article, Illustration347 1989-02-09 16 UPI CAMPAIGNING for today's general election in Jamaica ended in more violence when a man was wounded by gunfire and shots were heard near separate gatherings attended by Prime Minister Edward Seaga and his rival, Michael Manley. But in spite of theUPI - 347 words
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414 1989-02-09 16 Reuter THE UNITED STATES needs to boost its rate of savings, and businesses must plough more money into plants and equipment if the nation hopes to slash its external deficits, economists say. Progress appears stalled in Washington's battle toReuter - 414 words
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555 1989-02-09 16 AFP UPI THAI Foreign Minister Siddhi Sawetasila leaves for China today amid a flurry of diplomatic activity aimed at ending the Cambodian conflict and continuing differences between the factions. Mr Siddhi is to hold talks in Beijing with Chinese leaders in the wakeAFP; UPI - 555 words
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351 1989-02-09 16 AFP SRI LANKA's dominant Tamil guerilla group yesterday called for United Nations intervention as more Indian soldiers deployed in the island's Tamil regions prepared to leave as part of a phased withdrawal. The Liberation Tigers of Tamil Eelam (LTTE), in a statement released in Colombo,AFP - 351 words
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Article86 1989-02-09 16 Reuter COM EX gold futures were locked at unchanged early yesterday in a market empty of large position traders prior to budget proposals by President George Bush. Traders also were watching for early clues on possible money tightening by the policy setting Federal Open Market Committee. April goldReuter - 86 words
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LATE FILE
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Article61 1989-02-09 16 Reuter JAPAN yesterday approved an economic plan for the coming year that promises strong domestic demand and low inflation, but only a small fall in its trade surplus. The Cabinet rubber-stamped forecasts calling for 4 per cent economic growth, 2 per cent inflation and a tradeReuter - 61 words
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56 1989-02-09 16 Reuter A MULTI-BILLION dollar aid effort to rebuild the Philippine economy may begin this year with at least 12 countries and the World Bank taking part Roberto Villanueva, head of a government panel for the aid plan, said yesterday that the Philippines wantedReuter - 56 words
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Article30 1989-02-09 16 AFP THE Communications Authority of Thailand said yesterday that it would spend US$4O million to expand its cellular mobile telephone system to cover 17 provincial capitals.AFP - 30 words
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Article33 1989-02-09 16 AFP THE INDONESIAN government is preparing a new package of incentives to encourage oil exploration. The package will cover exploration in difficult areas and in new blocks. AFPAFP - 33 words
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Article35 1989-02-09 16 AP SOUTH KOREA wiH amend its foreign exchange law and lift restrictions on the purchase of overseas real estate of US$2 million or lees, the Finance Ministry said yesterday. APAP - 35 words
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Article36 1989-02-09 16 AFP SOUTH KOREAN President Roh Tae-Woo will meet Kim Young-Sam, president of the Opposition Reunification Democratic Party, on Saturday in hopes of ending controversies surrounding his disgraced predecessor, Chun Doo-Hwan. AFPAFP - 36 words
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Article55 1989-02-09 16 AFP A LAOTIAN Communist Party plenum has called for signs of change in the country's social and economic development. The Lao People's Revolutionary Party emphasised "the limitations of the old (economic) mechanism", and "the creativity in economic production of individual workers and units", a referenceAFP - 55 words
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Article30 1989-02-09 16 AFP INDONESIAN rattan producers should unite to face the world market and establish a strong marketing base, Director-General for External Trade Paian Nainggolan said yesterday. AFPAFP - 30 words
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Article27 1989-02-09 16 Reuter MUTINOUS soldiers in Papua New Guinea won a pay rise yesterday after rioting and attempting to storm Parliament in Port Moresby.Reuter - 27 words
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198 1989-02-09 16 AFP CHINA'S population could exceed 1.3 billion by the year 2000 because the government has failed to stick to its "one-child" birth control policy. The 1.3 billion figure would exceed by 100 million the country's officially-stated goal of limiting its populationAFP - 198 words
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271 1989-02-09 16 Reuter AP WEEKEND TALKS between the Philippine government and lawyers for Ferdinand Marcos produced no deal on the former president returning millions of dollars he is accused of stealing from the country. Ted Lagautan, special counsel for the government of President CorazonReuter; AP - 271 words
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264 1989-02-09 16 Reuter A FORMER HEAD of the Israeli army, agreeing with a US government report, said yesterday that Israel had caused unnecessary bloodshed in its efforts to put down an Arab uprising. Reserve Lieutenant-General Rafael Eitan, now a right-wing Member of Parliament,Reuter - 264 words
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Page 16 Advertisements
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Advertisement138 1989-02-09 16 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens, elegant one or two bedroom suites right in the heart of Orchard Road. At The Ascott, we take pride in giv ing our clients their own home. A spacious, private living environment that offers the ultimate in138 words
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Advertisement11 1989-02-09 16 Bush to rtvMi rivtiid budget tonight, PAGE S LMd*r, PAGE S11 words
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Advertisement169 1989-02-09 16 Slno-SovM •ftorts In KampuchM, PAGE Tho silvor report was not avallabto at pr>— Mm*. Millfield School ENGLAND Principal: Mr Colin Atkinson Senior School Millfield 950 boarders 270 day Ages: 13 -18+ Junior School Edgariey Hall 265 boarders 195 day Ages: 7 -13+ I he MiIIIk-Id Schools, located in Somerset, nt'.ir169 words
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SHIPPING TIMES
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82 1989-02-09 17 JAPANESE shipbuilders are keen on investing in marine engineering projects in India, the Press Trust of India (PTI) reported. About 60 shipbuilding companies grouped in the Japan Ship Machinery External Trade Association (JSMEA) are keen to invest in developing countries including India. Other82 words
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343 1989-02-09 17 G DURAIRAJ - By G DURAIRAJ KONSORTIUM Perkapalan Berhad is poised to take a share of the fast-growing Klang Valley container market which had so far been dominated by two hauliers Kontena Nasional and Shapedu Kontena. The haulier, which had long been eyeing the Klang Valley market,343 words
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298 1989-02-09 17 RICHARD NG - By RICHARD NG Writing for BT from Bangkok THE THAI private sector will be invited to bid tor the running of two inland river ports in Thailand. Approval for private firms to take part in managing298 words
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239 1989-02-09 17 HONGKONG-based Wardley Shipping Services is expanding with the aim of becoming the biggest shipbroker in the ryThe South China Morning Post reports that the company has employed a 19-year old to start afresh in the field, and will for this year hire239 words
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PORT SIDES
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86 1989-02-09 17 A TEAM of US specialists has arrived in Antarctica to begin cleaning up fuel and oil that spilled from an Argentine ship which sank in pristine waters near a national science foundation research base. The US embassy in Santiago said the ship Polar Duke,86 words
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Article163 1989-02-09 18 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Quit, Straits ports/Australia, Straits/Japan and the member lines: ACS (Far Baal/Europe): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (Straits/Australia): Austrslisn National Line Austrslis/Strsits Container Line Djakarta Lloyd Nedlloyd Linea163 words
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400 1989-02-09 18 Reuter THE SURPLUS in the world commercial tanker fleet and combination carriera trading in oil dropped sharply to 57.8 million long dwt at end-1968 from 75.8 million at mid-1988, shipbroker John I Jacobs said. In its half-yearly tanker review, Jacobe said the declineReuter - 400 words
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Article136 1989-02-09 18 In the deliveries were 18 crude carriers (3.23 million long dwt) end 27 products tankers (1.02 million), Jacobs said. Tankers on order on Dec 31 totalled 17.18 million long dwt (199 ships) against 18.78 million (218) on June 30 and comprised 123 units (12.1 million dwt) for 1989136 words
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Article795 1989-02-09 18 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 1/2 Alltrons IV 1 Anro Service IV 2/3 ANl 1 1/2 A PC tin* V 4 API III 2/3 Arrow linos IX 5 ASCI IH 1 Bolt-Conodo lino VII 4/5 Bait-Orient lino VII 2 Baltic Oriont795 words
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502 1989-02-09 19 Lloyd's List ORDERS for up to 12 container ships are planned by Compagnie Maritime Beige, Belgium's leading shipping group, for its key northsouth trades. CMB, which initially Intends to order around four medium-sized vessels, should have no problems funding such a largeLloyd's List - 502 words
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117 1989-02-09 19 SEA CONTAINERS has restructured its agency network in Scandinavia. With the increasing rationalisation of a number of major Scandinavian steamship lines. Sea Containers feels it can beet serve the industry through its main agency located in Denmark. Since January 1989, all Sea117 words
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Article, Illustration191 1989-02-09 19 CONTAINER throughput for 1988 at Port of Felixstowe set new record with a 21.4 per cent increaae to 1,278,499 TEUa. Another new mileatone waa also reached with Felixatowe Dock and Railway Company (FDRC), the port authority which alao operates three of Felixstowe's four box191 words
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Article311 1989-02-09 19 ALL SURVEYS were conducted on Jan 17. Argentina All ports Normal operation. Australia 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. Vancouver (Britiah Columbia) Waiting time311 words
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Article1308 1989-02-09 24 FURTHER small freight rat* d«cllrtM wera registered for grain shipments on Tuesday out of the US witti U5526.90 paid for a cargo d«stin«d for China against $27.50 previously, shipbrokers said. Market talk suggeated a veaael had been booked for 52,000 long tone of grain from the Gulf to1,308 words
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2975 1989-02-09 24 AAJIMUS C% of Edinburgh. Trtot. Nt *mq. Ming FropHloua Yang Ming. Nt 11 Sort#. SconOuteM. M 11 Ew Group. Evergreen FM> 14. Obi He. China Ocoon SOpg Fab 11 Lata Meerak, Maarak Una. Fab IB Luo Ha. CMna Ocoon Shpg. Fab *1.2,975 words
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Article1116 1989-02-09 24 AT CONVENTIONAL WHARVES Ohm To. No 1 il ******00 ******00 0»«i Mah II 0902OM0 IOjOO/BOO VnmI Hart k A MJu^I '•"911 4 0908/ano II08/2300 Mm FV ATTlfll Departure Mom ill 0******0 1002/1200 KEPPEL WHARVES 8oab (M KI8 qipflQIIftl 0900/2300 Koto Hart* 9**»Sa-ut Sagoo No 2 SriMra SfcinoYoor1,116 words
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Page 17 Advertisements
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Advertisement807 1989-02-09 17 \7 ItMishtyt In, TIMES STP Distributors OOCL Dedicated to Service JAROINE SNIPPING ACfNCItS (NEW CR NO IS 3N2K4MOC) 200 CMtomnmt Road 012-05 Southpotnt, Smppor* 0201 TM *****11 TELEX NO RS ***** TERMINAL/CFS M *****11 220 BOOKINGS r<H *****34 235 PfSAKA JAR DINE SNIPPING AGENCIES SON. MO. PORT KELANG TEL 36*411*807 words
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Advertisement55 1989-02-09 17 THE SURPLUS In the work! commercial tanker fleet and combination carriers trading In oil dropped sharply to 57.8 million long dwt at end-1988 from 75.8 million at mid-1988. Page ll ORDERS for up to 1 2 container Alp# aro planned by Compagnlo Maritime Belgo, Belgium's leading shipping group, for Its55 words
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Advertisement852 1989-02-09 17 ft! iff? nm n in TIMES GCtfc FW SL'C STP Distributors MAERSK LINE TNe wNk MARCHEN M Ctoelnfl CY 14/2 0800 HRS CF3 13/2 2000 MRS MARCHEN M WM MARORETHE M SMS LOUIS M 8804 LEtSE M. 8804 LARS M. 8804 LAURA M. 8004 REOINA M 8804 LEXA M 8004852 words
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Page 18 Advertisements
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Advertisement490 1989-02-09 18 a Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT CITY OF EDINBURGH LARGS BAY LONOON EXPRESS* BENCAIRN HAMBURG EXPRESS KURAMA MARU BENALOER ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN. AARHUS, GOTHENBURG, MALMO, HELSINKI, OSLO, AMSTERDAM, CARIBBEAN 1 S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT CONV/SEMI-CONTAINER SERVICE TO MED EUROPE BREMERVOY490 words
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Advertisement17 1989-02-09 18 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.17 words
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Advertisement697 1989-02-09 18 A k A k 1 k. t I REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE NO*ASIA PEARL VMM 3 1% NOR ASIA PRINCESS VM32-3 1 NORASIA SUSAN VMU-3 NORASIA SINGA VMO2-3 17j Alto Keating cargo to all U.K. Dm! Afttffp vii Rotttraam Prtmifi Hamburg TO MEDITERRANEAN PEN NORASIA KARL VU3I3697 words
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Page 19 Advertisements
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Advertisement877 1989-02-09 19 CONTAINER SERVICE TO UK,CONTINENT: "1 II I v If"! 1 mm um uno w m PEGASUS PROGRESS VSOON PEGASUS PIONEER VUN mm mm mm I BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 lhrJk'im I'l-TJ 'II a'l J 3 Abo AcctpNng Cargo Foci raWHi kHMMMMf CONTAINERSHIP SERVICE FROM UK,CONTINENT r GULF877 words
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Advertisement608 1989-02-09 19 EUROPE 'u± an tut zui IU M KM NJt mm tut iik an iim mm mm mm jfcc SENATOR USA PANAMA m iu3 an ILM ILM MM MM I4JI ILM ILM I7M MM lIM G*n«ral Agent «A Ml MJI MJI I7JI MM I7JI lIJI ZUI MMI lIM MM MM ■A608 words
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Page 20 Advertisements
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Advertisement459 1989-02-09 20 mSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRAN IK LAD PJL ITS WAN TAKNTI PJL (73 ITA 1/2 BANDAR ABBAS ETA Ith BANDAR ABBAS KYOWA LINE iotNlß vslmHV KYOWA HIBISCUS V.S Ifl KYOWA VKX-fT VJ4 0/3 2/4 *MRCCT SERVICE FROM SINGAPORE VILA. MIA. LTK, SUVA PAGO. APIA459 words
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Advertisement599 1989-02-09 20 HANJIN SHIPPING CO., LTD. TO EUROPE VIA SUEZ I I I V t < >N I AINFKISKH SFf(\ i TO USA PACIFIC SOUTH WEST I FROM EUROPE VIA SUEZ CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL WONSSON 44 KUANTAN S'POftE LOADING FOR 14/2 DUBAI, DAM TO PACIFIC NORTH WEST CANADA DM599 words
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Advertisement114 1989-02-09 20 TD\ DONGNAMA l-f MS J S*POM P.KELANG PCNANG INCHON SUSAN MALAYSIA GLORY VW 2 Iter I Mtr Mar 12 Mv 14 SINGAPORE Loading FOR ALTAIR 11 FEB INCHON, SUSAN WORLDWIDE PACIFIC MARITIME (PTE) LTD. TEL *****1 (I Linw) KONTENA NASIONAL SON W4O TEL P KELANC (V)M747S PNG(O4 >*****4 CP NO:114 words
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Advertisement835 1989-02-09 20 EVERGREEN Full Container Ser vi< Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) x as Round-The-World West Bound (FE/EURO/USEC/CARIB/FE] vj US WEST COAST OUTBOUND noi bottle EVER GLORY no quaa EVCR QOIM evir scntu EVER QLORT (W* MM! AUO ACCEPTING CARGO rot 1) lOM MACM, OK LA NO, SAN OHfiO. RICMRONO. STOCKTON, AOMBA. RUMPOOO835 words
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Page 21 Advertisements
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Advertisement982 1989-02-09 21 PACIFIC INTERNATIONAL LINES YV\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE MAJAFAMT OOWA ma pi nn im i S7M an an m i ACdPTVM MURURAHrrOMAirOMAMBTACIS i SIN HKO KAO KM YOK HOO KOB BUS im lift nn nn in an an m rn982 words
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Advertisement483 1989-02-09 21 trm BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT mm m MM MM MM MR 110 M) UW W U/J LW Ufl 14(2 llfl MO 120 W W W H W MR MO 00 NO MO MR BR 27/2 ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS483 words
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Advertisement479 1989-02-09 21 DJASAGETRI A Joint Europe Service Of. P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CQNTAINERSHIP SERVICES SINGAPORE ft EUROPE VSL/VOY S. PANJANG/21W1 MATARAM/23W8 TO UK PORTS, HULL, LI HAVRt OSLO. COPENHAGEN. GOTHENBURG ANO HELSINKI m EKA iAYA AfiUCIES SMfiAffllE Tsfc 53C5722 Tele* B *****479 words
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Advertisement312 1989-02-09 21 BOUSTEAD SHIPPING AGENCIES PAGAN VI3W PA-AM VI39M HTONEYWA VM4V BURMA FIVE STAR SHIPPIN6 COBPBRATIBN (Burmese National Line) S'por* p.k UflS Fofc 1305 Fofc 11/11 Fob Loading for Rangoon P.Kelang Penang Bangko V» BANK LINE MS'SW SPORE ROAM MULL TAUSALA SAMOA VI4N I*2 17/3 27/3 21/3 MORAYBANK V7N 27/2 27/3 $4312 words
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Page 22 Advertisements
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Advertisement554 1989-02-09 22 lil KAWASAKI KISI KAISHA. LI D. k i IMPORT il H ALSO ACCEPTING DOHA CGO Wl C.R. PT NOIRE VU ALTAI V 4 C.R. DOUALA V23W E. VENTURE V 29 SGP KAR BBY MAMAS COCHIN NOJI VOW 12/2 22/2 21/2 7/3 PAITMOON V22W 13/2 23/7 27/2 1/3 REPULSE BAY VW554 words
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Advertisement448 1989-02-09 22 TU LSI OAS VJS KALIOAS V.41 TULSIOAS V.40 KALIOAS Y c TULSIOAS V.41 Trpwrt tww Sana Li AUSTRALIA EXPRESS CONTAINER SERVICE '"■ping rcura. coimimx Siopow. P.Katonf (W, Loadmi tor Motk* Vii By Ftwtor fmtm 5 F 4 4 Mpr 4 Mar Fram/Mtob/SydrVAM /■J 0 > Apr Mar 26 Mar Frwi/tMb/Sfda/Adai448 words
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Advertisement618 1989-02-09 22 GOLDEN LINE GUAN GUAM SUPPING (PTE) LTD n. T«M Ayar Slrxt SINGAPORE «M TIL UOW (10 DIMS) Fu SMHO4 STRAITS/PERSIAN GULF SERVICE: S'por. p GOLDEN WOMOCI Catanta/MrtdWOubM IMU GOLOCR HAVER M china service A VCSSCL Huanfpu/ Shtnghn CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA LANCANC JIANG618 words
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Advertisement364 1989-02-09 22 PHILI onKNT LINCS PT( LTD *£A 0 Office 6J ROB SSON R0»0 «OM2 <fflO AS A eUiLOiNG SiNCAfOflf GIC6 TfiM RS ***** PHI!.' fA* *****76 ir^» DESTINATION i'V'I,M rrrr WCW CtWTKAOC |U7 Ir-mrny^ EAST/WEST AHHCA/m. Fa A La sz 7 11 yty V .1nn AND ALL EUROPE INLAND DESTINATIONS Fa364 words
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Page 23 Advertisements
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Advertisement253 1989-02-09 23 Introducing another Modern WOL CO9&AI9&%SXI'P. Arriving... 12 February, 1989 NQL Orient lines ud SF f Specargo Forwarding (S) Pfe Ltd (inte'f.ationa 1 Fre ght For*arde s) KAOHSIUNG KEELUNG la t k tl MANILA BUSAN BANGKOK JAKARTA 31. U ;-T7 rr.'-rr Mill I nr 'M CALCUTTA Sfcpc P. MORESBY/LAE/RABUAL/KIETA TEL; *****77.253 words
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Advertisement214 1989-02-09 23 OCMAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG. PENANG, KEELUNG. BUSAN, INCHON I Vtwl'l Namo ETD BS STORE PKLG KEE BUSAN MO JI NO 9 OONAM/9DIN 31/01 M-U/C 13-IS/02 23 23/02 26-21/03 77/02 *NO I DONAM/VI2N 05/02 IS-17/02 11-1*0? 77-27(02 05-07/03 OMB *ORACNET/*2N U/02 21-01/03 2t-27«2 09214 words
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Advertisement198 1989-02-09 23 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) > .-,4 V** PORT HE LANG PC HANG 11/2 A U/2 11/2 i 11/2 yrr tr OTHER PORTS P. LOUIS P. MOMMY LAf/RABAUL JE CNTR LINE (P KELANG) TEL (03) *****03 JE CNTR LINE (PENANG) TEL (04) *****6 T. 3 INDIfI/S.E. ASIA198 words
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Advertisement842 1989-02-09 23 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 ***** KNAAC p. KCLANG MISSUS HAI TMOMC SNIPPING 12/ PmantStrcct. fW* Maiaysa M/S HANOIING SYSTEM CO SON tttO842 words
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Page 24 Advertisements
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Advertisement279 1989-02-09 24 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 (34 laws) FAX *****39/*****/6 TELEX RS ***** A/B SSCMA. HS ***** A/8 SSCAO r DSR-LIMES VEB DEUTFRACHT SEEREEDERE: ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE HA lARNACA: ACCEPTIIIB CARGO FOR LIMASSOI, BEIRUT, LATTAKIA,279 words
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Advertisement85 1989-02-09 24 T.S.K. LIME WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAi TS KLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. CONTINENT V-1S ETA SIN 14/l/M I > KAOHSIUNG 4 DAYS SPORE KEELUNG TOKYO ■> SHIMIZU NAGOYA > KOBE S DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS TSKLINE AGENCIES (S)85 words
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Page 24 Miscellaneous
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Miscellaneous143 1989-02-09 24 wwi *anr~ Regional Weather 4 >' u4 C b I L *VJ li Wnd drection with sp««d n knot* SIGNIFICANT WEATHER AND SEA COMDfTIONS AT 7JOAJML F*b IM9 LEGIMO R DuOnlomi T.nrparaturt A Y Shower Weolh*f _X Wind <4r*ctioo with ipttd in knots •Ran Kj Cloudy Sky Wav -*CMd W143 words
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Page 25 Advertisements
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Advertisement1733 1989-02-09 25 Til; *****18 Tlx: ***** Ctt* FJUL *****11 BOOKING: fJLLLLL omiCT SCRVICI TO DARWM/PT. HKDLAMD*/MO4XM* AocipMwg M««yy NW. ConWwar HO/NO Cargo** NUMNAH BAT V I CTA/fTO I POtl MM ITA DAffWIN U M ■AMNMi lAT V.4 ITA/fTD POM M 3 F* ITD DAMM I ■MKNMI lAT *1 ITA/tTO ITOM Wit Mr1,733 words
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Advertisement240 1989-02-09 25 n UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 C IRAQI LINE '**0 S T tM »0« Tiwf MV ALKINDI MV SINOBAO EAST BOUND SERVICE ETA S'PORE LOADING FOR 15/2 Jmm WEST BOUND SERVICE W UM Qasr/Batrah/Baghdad 4 Othar Arabian Gulf I THROUGH i/U tc BAGHDAD UPON240 words
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Page 26 Advertisements
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Advertisement892 1989-02-09 26 Sun Hup Co (Pte) Lt nfL rFI *****06 (20 Lmesi TLX HS ***** &RS 206 flr JLj i \sit R\ c \K l l\f K. id. STIUUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! 7" vmw inrnncoc ruwu, MUNbnUW TAIWAN I CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE892 words
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Advertisement473 1989-02-09 26 P.T. MASKAPAI PELAYARAI 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 11 'J1 'IJI. .11, [fvvif i irll FORWARDING AT TEL: *****77 VSL OKUNOZE TANAH AIR PUL ADIL OKUNOZE VSL473 words
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Advertisement560 1989-02-09 26 L-_ Av. M, CALL US AT: P. KELANG PENANG J. BAHRU P. GUOANG SINGAPORE K. LUMPUR 3US7S3/*****U *****122/4. ****** 07 *****8 07 *****3, *****5, *****0, *****1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE I TO EUROPE FttDCR iMWLJX TT TOY AHA pcrbui B. SUTANC SS MIT AM SZ7 iutanc560 words
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