The Business Times, 10 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 10, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    267 1 Dow down WALL STREET stocks declined in early trading yesterday. Many investors continued to take profits on a long term Dow gain. There was little buying interest with traders holding back prior to President George Bush's budget address. The Dow 30 was off 18 points at 2325
    267 words
  • Article, Illustration
    Best gain for HK since 1987 Crash
    241 1 HONGKONG was the star performer among regional stock markets which generally closed higher yesterday. The Hang Seng Index posted a colossal 104-point gain to 3,209.96, its best score since the October 1987 crash. Turnover swelled to HK$2.7 billion against Friday s HK$2.2 billion.
    241 words
  • Article
    Greenback slightly down
    102 1 THE US DOLLAR yesterday ended a bit easier in Asia, mainly on speculative buying of high-yield units such as the British pound. Dealers said trading was thin and sluggish throughout the day as attention turned to President Bush's budget proposals for fiscal year 1990 due to be
    102 words
  • Article, Illustration
    Selling pressure hits Steamship shares
    503 1  -  By ROSIE TAN STRAITS STEAMSHIP shares came under heavy selling pressure yesterday following news of the proposed divestment and listing of its shipping and related interests. Straits Steamship, which is offering shares in wholly-owned Steamers Maritime Holdings Ltd (Steamers) to both its shareholders and the
    503 words
  • Article
    Higher minimum air fares from next month
    625 1  -  Increases range from $45 to $348 By PAUL GOPAL MINIMUM air fares which travel agents must charge passengers flying from Singapore to other parts of the Orient and Europe will go up by between $45 and $348 from next month. In the Orient
    625 words
  • Article
    New Accountants Act expected to be in force within a few days
    493 1  -  By ANNA TEO WILLIAM CHIA THE NEW Accountants Act, which results in two separate governing bodies in the accounting profession, is expected to be enforced within a few days. Once the Act passed in August 1987, becomes operative,
    493 words
  • Article
    Lock icon Bush to unveil budget proposing improved social programmes
    341 1 AP AMERICAN PRESIDENT George Bush is set to unveil a budget plan keyed to his campaign promises of improved social programmes without new taxes, but leaves open the question of reducing the federal deficit. Mr Bush, in a speech yesterday before a
    AP  -  341 words
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      Page 1 Advertisements Column 1
      166 1 TO y^£A^ A Done' on your wall A Done on yourself THERE S A DONE FOR EVERYONE. Casual wear, mugs, posters, swimwear bags, clocks, umbrellas, cards... TUDOR COURT SHOPPING QALIiRY TUDOR COURT TANQUN ROAD SINCiAPORt 10*4 TIL *****58 A New Year means new beginnings, new resolutions and wishes. To make
      166 words
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      Page 1 Advertisements Column 2
      234 1 Full report, PAGE 11 Regional mfcts, PAGE 18 World mkts, PAGE 19 Editorial Comment: 10 The home stretch is a tough one Hlllte Pte Ltd 10 A venture of vision Wanted: 11 A Palestinian negotiating partner Training 2 High proportion went to managers Construction Industry 3 Value of jobs shrinks
      234 words
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      Page 1 Advertisements Column 3
      212 1 Minolta EP49OZ <v> The first time ever I saw your face... "TOO MANY ROMANCES blur the memory. But with most men or women in this world, there is ususlly one romance or date which is seared indelibly into our memories. For many, it is usually the first..." So pines an
      212 words
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  • HOME NEWS
    • Article, Illustration
      Lock icon High proportion of training still goes to managers
      473 2  -  By SHOEB KAGDA CONTRARY to what most people think, proportionately more manager* received training in 1987 than either supervisors or workers, according to a survey published in the latest issue of Productivity Digest. Conducted by the National Productivity Board (NPB), the survey
      Source: Productivity Digest  -  473 words
    • Article
      Comfort officials meet GPC over impact of diesel tax
      289 2 NTUC COMFORT officials met members of the Government Parliamentary Committee (Communications and Information) yesterday to brief them on the impact of the diesel tax increase on taxi drivers. NTUC Comfort is believed to be lobbying for a taxi fare increase and
      289 words
    • Article
      Shell's crude distillation unit back in action
      138 2 SHELL'S 200,000-barrel-per-day (bpd) crude distillation unit, shut down since Jan 26, has resumed operations. A company spokesman said the distiller, inactivated because of a technical fault, came onstream on Monday. The shutdown had left Shell with only a 120,000-bpd distiller operating. A Reuters
      138 words
    • Article
      New South Wales opening tourist office here
      146 2 IN A BID to boost tourism between Sydney and Asia, the Australian state of New South Wales will be opening its State Tourism Commission office in Singapore next Monday. The new office will assist and cater for the tourism market in Malaysia, Hongkong
      146 words
    • Article
      International meeting to discuss town councils
      395 2 TOWN COUNCILS and their role in public housing management is one of the issues to be addressed at a coming international conference in Singapore. Having such a conference in Singapore is timely as plans are in full swing to implement town councils throughout the
      395 words
    • Article
      WTC will host seven new shows this year
      405 2 SEVEN exhibitions will make their first appearances at the World Trade Centre Exhibition Centre this year. They will be part of the more than 80 exhibitions and events being planned for 1969. This was disclosed in the latest issue of WTCS News,
      405 words
    • Article
      MEMO PAD
      575 2 Seminars and Courses t Wfi CAHNERS EXPOSITION GROUP Tel; *****13 Tlx: RS ***** CEGSP Fax: *****66 Dot* Feb 13-17 Event Managing your Employees Venue NPB Organiser NP6-IPT Phone no *****66 Feb 20-22 Feb 22-23 Feb 22 and 23 Fundamentals of Financial Instruments How to Prepare Strategic Marketing Plons
      575 words
    • Article
      Logicraft creeps into Europe with some Swedish help
      551 2  -  By JEFFREY TSANG ACCEPTING that "Made In Singapore" does not sell in Europe as well as "Made in Sweden", local computer maker Logicraft Products Manufacturing has set up assembly operations in Sweden. There is no difference in the personal computers that will
      551 words
    • Article
      CPF savings stand at $32.52b
      304 3 THE TOTAL AMOUNT due to members of the Central Provident Fund at the end of last year hit $32.52 billion, a jump of 6.27 per cent over the previous year's $30.60 billion. The sum withdrawn last year under the Home Ownership Scheme reached $2.77 billion,
      304 words
    • Article, Illustration
      Series on fatal kidney transplants in China wins Story of Year award
      360 3 A SERIES of reports on seven Singaporeans who died after kidney transplants in China won The Straits Times Press Story of the Year award yesterday. In winning the 1988 award, journalist Gillian Pow Chong, who produced the scoop
      360 words
    • Article
      Sisir extends laboratory accreditation scheme
      257 3 LABORATORIES which carry out quality control tests on concrete and building structures are the latest to be included in the Singapore Institute of Standards and Industrial Research's accreditation scheme. The extension of the scheme the Singapore Laboratory Accreditation Scheme (Singles) comes amid impending legislation by
      257 words
    • Article
      Value of construction jobs shrinks by 18pc
      506 3  -  By LEE HAN SHIH I, Property Correspondent THE TOTAL VALUE of jobe secured by contrectors fell $700 million in e yeer to only $3.3 billion in 1968. This was some 18 per cent lower than the $4 billion registered in 1987, eccording to
      506 words
    • Article
      Opportunities abound in overseas markets
      335 3 LOCAL BUILDERS, who clinched a total of $356 million worth of overseas projects in 1967, have good construction and investment opportunities in overseas markets. This waa the conclusion drawn by study teams which last year visited Taiwan, Thailand, Turkey, Iraq, Indonesis and Malaysia. The teams
      335 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      82 2 H r Set dinner for 2 > Mermaids with Twin Treasures (Fried Crab Roll With Sesame Seeds Crispy Spring Roll) Shark's Fin Soup with Crab Meat Fried Crispy Buttered Prawns Braised Green Vegetables with Oyster Sauce yjafood Noodles ango Pudding $68.00++ icJushr Of A Glass Of tarkling Champagne and Hosel
      82 words
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      Page 2 Advertisements Column 2
      21 2 ART AFFAIRS ¥1 < -jr. ra a -r-9> Jji; The Oriental Marina Square reception area fourth level Information: 338 0066, 345 3266
      21 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      272 3 SINGAPORE BUSINESS M G p ®n ■ii is P V < SQ^ v th* 1 ,lA w N j Hilt n yOVll' the nvt m, VthKS«« u AN OFFER YOU CANNOT REFUSE! JANUARY WINNER: EDDIE LIM HUNG HUAT IC No: *****61/G Two more computer sets to be won one each
      272 words
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      Page 3 Advertisements Column 2
      216 3 There's one open system so open its installed base is growing faster than any other: UNIX. And there's one company strategically committed to open systems: All open systems are created equal. That's the whole point of standards. But all vendors aren't. That's the point of this advertisement Demand for Unix
      216 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Austerity drive hits China's production
      479 4 Industrial output down 11 pc FT CHINA'S industrial output fell in January by nearly 11 per cent because of the currant austerity programme, the Xinhua news agency reported on Wednesday. The sudden drop below December levels suggests Beijing is braking the economy too hard. At
      FT  -  479 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      998 4 ARRIVALS Operator WYlCt tOCTl From number Hm* SU SQ11 0115 IAX/NRT UAL UA805 0125 SFO/HKG JAL JL615 0305 TYO AAAS AAH640 0820 kia StA SQ43 0650 DHA AAAS AAH37A 0900 KUL MAS AAH651 0910 PEN MAS AAH630 0920 KUL SJA SQ103 0950 KUL OX CX710 1000 CGK
      998 words
    • Article, Illustration
      Lock icon Seoul urges Pyongyang to resume dialogue
      396 4 UPI SOUTH KOREA, regretting a unilateral North Korean decision to postpone a scheduled interKorea lawmakers meeting in protest against a joint US-South Korea military exercise, yesterday urged the North to reeume the dialogue as soon as possible. Seoul delegatee to the lawmakers talks seeking
      UPI  -  396 words
    • Article
      Lock icon Jordan clamps down on private forex firms
      213 4 AP THE JORDANIAN government on Wednesday closed down all private foreign exchange firms, accusing their owners of illegal operations that weakened the national currency. Police swooped down on the 35 exchange houses in downtown Amman and ordered those inside to leave. Witnesses said
      AP  -  213 words
    • Article
      Lock icon Rajiv worried about Pakistan's nuclear capabilities
      276 4 Reuter INDIA'S Prime Minister Rajiv Gandhi said on Wednesday he was worried about Pakistan's nuclear capabilities, and said India had no need to smuggle in a heavy metal used to enhance nuclear weapons. In an interview with Australisn television, Mr Gandhi said India was
      Reuter  -  276 words
    • Article
      Lock icon Bangkok to urge China" to invest in arms plant
      375 4 AFP THE THAI government plans to urge China to invest in local arms production to help Thailand meet its defence needs, a senior Thai Army officer said in Bangkok on Wednesday. Thai Supreme Command spokesman Lieutenant General Narudol Dejpradiyuth said it
      AFP  -  375 words
    • Article
      Lock icon Thailand can meet debt service requirements, says S&P *
      154 4 Thailand can meet debt service requirements, says S&P Reuter STANDARD AND POOR'S Corp feels Thailand haa satisfactory capacity to meet external debt service requirements on time, but is vulnerable to adverse developments. It doss not rata any specific debt issues of Thailand. The rating agency aaid on Wsdneeday that Thailand's
      Reuter  -  154 words
    • Article
      Lock icon Soviet pullout to end a day early
      245 4 AFP THE LAST Soviet soldier will leave Afghanistan on Tueaday, a day ahead of the deadline agreed in April in Geneva, Soviet armed forces chief General Mikhail Moiseyev said in Moscow on Wednesday. In an interview with the official news agency Tass, General
      AFP  -  245 words
    • Article, Illustration
      Lock icon Australia to boost trade, economic ties with Pakistan*
      342 4 AP AFP AUSTRALIAN Prime Minister Bob Hawke assured the Pakistani business community that he will take all steps to boost trade between the two countries. Mr Hawke, in Pakistan on a four-day official visit, the first by an Australian prime minister in
      AP; AFP  -  342 words
    • Article
      Lock icon Suharto's retirement now a hot topic
      436 4 AP PUBLIC DISCUSSION of when Indonesian Preaident Suharto might retire for years a subject that waa unofficially taboo ia now out in the open. The reason: a suggestion from the preeident himself that this term will be his laat. One of the longeat-serving heads
      AP  -  436 words
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  • Page 4 Miscellaneous
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  • REST OF THE WORLD
    • Article
      Lock icon Gatt members chide US for its retaliatory action against EC
      461 5 UPI .MEMBERS of the General Agreement on Tariffs and Trade (Gatt) criticised the US on Wednesday <for unilateral retaliation against a European Community ban on imports of hormone-treated American beef. The criticism was backed in a 'strong statement by Arthur
      UPI  -  461 words
    • Article, Illustration
      Lock icon Bush wants prompt action, fair play on Tower matter
      389 5 Reuter PRESIDENT George Bush, frustVated by a stream of allegations endangering John Tower's con- firmation as defence secretary, asking for fair play in what has become a major headache for his young administration. "My plea would be for... prompt action by
      Reuter  -  389 words
    • Article
      Lock icon 'US growth will slow down markedly'
      194 5 AFP ECONOMIC GROWTH in the United States will slow down markedly this year while the rate of inflation will accelerate although not sufficiently to provoke a new round of interest rate increases, a group of economists said yesterday. The Conference Board said that it
      AFP  -  194 words
    • Article
      Lock icon Unemployment may worsen
      83 5 Reuter SOUTH AFRICAN unemployment particularly high among blacks, appears set to worsen because the economy is not keeping pace with a growing population, according to figures 'Issued on Wednesday. Manpower Ministry Di-rector-General Joel Fourie said the economy needed to grow at 4 per cent annually to prevent
      Reuter  -  83 words
    • Article
      Lock icon US aware of potential Soviet threat to energy systems
      252 5 Reuter THE SOVIET UNION has an unconventional warfare unit capable of attacking systems that provide electricity to US homes, businesses and government agencies, an Energy Department official said on Wednesday. Because the government is aware of the potential threat from the
      Reuter  -  252 words
    • Article
      Lock icon EC's tax proposal draws hostile reaction
      495 5 Long, hard battle likely before levy becomes law Reuter THE EUROPEAN COMMUNITY (EC) on Wednesday proposed a minimum 15 per cent withholding tax on most investment income, drawing a burst of hostile reaction that signalled a long, hard battle before the levy becomes EC
      Reuter  -  495 words
    • Article
      Lock icon Dutch to fight tax proposal
      190 5 Reuter THE DUTCH Finance Ministry said it would fight a European Commission proposal to Introduce a minimum 15 per cent withholding tax on moat investment income which it feels could promote tax fraud. Cees S tap per, spokesman for the ministry, said Dutch Finance Minister
      Reuter  -  190 words
    • Article
      Lock icon Bonn insists on 10pc withholding tax
      164 5 Reuter THE WEST GERMAN government is sticking to its position of wanting a minimum 10 per cent withholding tax on the investment income of European Community (EC) residents, a Finance Ministry spokesman in Bonn said yesterday. The spokesman waa referring to Wednesday's announcement that
      Reuter  -  164 words
    • Article
      Lock icon Luxembourg seeks allies to oppose plan
      289 5 Reuter LUXEMBOURG expects to find allies among its European Community partners to oppose a proposal to introduce a 15 per cent tax on investments, Luxembourg Finance Minister Jacques Poos said on Wednesday. Earlier that day, the European Commission said it wanted to introduce a
      Reuter  -  289 words
    • Article
      Lock icon USSR faces slow economic growth, says study
      272 5 Reuter THE SOVIET UNION (aces years of slow growth despite Mikhail Gorbachev's economic reforms, according to a study commissioned by the Economist Intelligence Unit, an independent. London-based economic research group. Written by Professor Michael Ellman of the University of Amsterdam, the report also
      Reuter  -  272 words
    • Article
      Lock icon S Africa ready to rethink apartheid
      271 5 AFP THE SOUTH AFRICAN government is ready to rethink the country's apartheid laws, the new leader of the ruling National Party (NP), Frederik de Klerk, indicated in Cape Town on Wednesday. But he stressed that the principle of group rights, by which the country's
      AFP  -  271 words
    • Article
      Lock icon Western govts urged to help reduce Latin America's debt burden
      470 5 Reuter WESTERN GOVERNMENTS must help reduce Latin America's US$43O billion debt or risk economic and political upheaval in the region, academic debt experts said on Wednesday. "It would be fatuous to destroy fragile democracies in order to collect the last
      Reuter  -  470 words
    • Article
      Lock icon Currie sails through grilling about egg panic
      79 5 AP FORMER junior health minister Edwina Currie emerged smiling on Wednesday from, a grilling by fellow lawmakers about her remark last year that most British egg production was affected by food poisoning bacteria. "She stonewalled every question and acted like a grande dame,"
      AP  -  79 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      78 5 Bibi s Goes All Lovey Dovcy Roses are red. Violets are blue. Sugar is sweet but not half as nice as a 4-course candlelit dinner for two at Bibi's this Valentine's Day. Featuring Crispy Roast Duck Peking Style, a glass of wine and a complimentary rose for the lady in
      78 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      30 5 w// Naw DaM Naw York Nkoito Oilo Pari* P*nh Rio 'Janeiro Rom* Son Frta'co San Juan Santiago Sao Paulo Seoul Stockholm Sydney Taipei Tokyo Toronto Vancouver Vlaonc Wanow yy owiioyTcxi
      30 words
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  • MONEY AND EXCHANGES
    • Article
      Government securities market
      104 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity MO ora HIGH LOW 3 iitcmlh* 8Q*****N 11.05.89 3JO 3.45 3.53 3.40 6 months BY*****S 20.07.89 3.67 3.62 3.65 330 1 year 8Y*****H 28.11.89 3.88 3.83 3.86 3.76 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
      104 words
    • Article
      Forex markets
      1279 6 SINGAPORE: A softer bias prevailed yesterday, led by sterling buying, as the US dollar closed near the lows of the day's range of D-mark 1.8692/ 1.8620, yen 129.40/128.80, sterling 1.7544/1.7460 and 551.9270/1.9250. President George Bush's budget speech before Congress (at 10 am Singapore time today) continue® to hold
      1,279 words
    • Article
      IMM
      249 6 Most IMM currency futures closed slightly firmer after spending much of the session stuck in tight ranges, while sterling displayed marked strength in cross trading on Wedneeday. Traders said most contracts continued to languish on reluctance to make commitments before President George Bush delivered his budget announcement to Congress
      249 words
    • Article
      Comex gold/silver futures
      174 6 Gold futures on Wod 8, 1989 100 troy Qpam ounces. USS par My oun 08 M* Lorn Mte Fob 391 80 398-50 391.80 396.20 3.90 Mar 397.40 3 60 A«h 395-50 399.50 394-70 399.10 *360 Mm 400.50 404 50 399 JO 404.10 3-80 A«Q 405.30 409JO 403
      174 words
    • Article
      Money markets
      65 6 THE OVERNIGHT rate on the Singapore money market roee by 3/4 point to cloee at 5-1/4 per cent yesterday. Short term rates were unchanged across the board. S$ Interbank i rates at the dose y •sterda owor MO Owrigto 5 1/4 3 1 -rnrtti 3 9/1* 3 3/1*
      65 words
    • Article
      Asian dollar market
      220 6 ASIAN DOLLAR deposit rates closed at their opening levels in quiet trading yeeterday. Moat operators were reluctant to create new poaitiona ahead of yeaterday'a US Treaaury auction of US$9.5O billion of 30-year bonds and President Bush's budget speech to Congress. uss OffH MD 7 doyt 9 5/16
      220 words
    • Article
      Lock icon Simex
      406 6 Reuter Eurodollar futures closed lower on Simex yesterday compared with Chicago levels on liquidation and prof-it-taking in quiet trading. Dealers said concern over demand for yesterday's US Treasury 30-year bond auction after lower than expected bidding for Wednesday's 10-year note salea undermined sentiment. Operators also were cautioua ahead of
      Reuter  -  406 words
    • Article, Illustration
      World interest rates
      176 6 '(MUmmmihl Mm print* Mhg rates of 12 aia|or banks la fpar* Interbank market r itM (offer/bid) on Fab 9 us$ DM SWFC Y«n 7 4mr* 3 <■* 6 mm a *i/4—« i/a 7/1* S/1* 4/1* 7/1* 11/1* 4/1* 7/a a/4 ia i/a is ia 1/14 ia u/t4
      176 words
    • Article
      Options
      1354 6 CURRENCY FUTURES OPTIONS Thursday, Fmb 9, 1989 ocu TCCNCMARK Lot 1 Mo M>r 44 pMi k Lot M 91 3 52 I0A 0 S3 24A 34 34 504 52 49A 43 SS too 30 133A 131 M 7 230A 210 57 3 99 CA4 m Mgi Lot 1 Mi
      1,354 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      101 6 Swatow Restaurants (Teochew Cuisine at its very best) Swatow's Fa Cai Yu Sheng (Raw Fish) $15 $20 During this festive season, we have also specially prepared many other traditional Teochew dishes for your Chinese New Year celebrations < r m V o 0 r For reservations or further enquiries please
      101 words
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  • BANKING AND FINANCE
    • Article
      Lock icon CBOT may change some trading procedures
      356 7 NYT IN AN ATTEMPT to bolster public confidence and demonstrate that it can regulate itself, the Chicago Board of Trade said on Wednesday that it would consider a number of changes in its trading procedures. The Board of Trade, the world's largest commodities exchange,
      NYT  -  356 words
    • Article
      Lock icon Dealers in UK gilt-edged securities lose £190 million
      406 7 FT MARKET MAKERS in British government gilt-edged securities lost £190 million in the first 2% years of trading after the Big Bang, the Bank of England said on Wednesday. Since October 1986, seven market makers have withdrawn from the gilts market and
      FT  -  406 words
    • Article, Illustration
      Lock icon Recent currency moves not excessive: Tokyo governor
      293 7 Reuter THE BANK OF JAPAN ia ready to cooperate with other nations in countering excessive currency movee, including using concerted intervention, governor Satoehi Sumita told a prees conference. However, he said that recent currency movee have not been excessive. The Group of Seven
      Reuter  -  293 words
    • Article
      Lock icon Argentinian currency dips another 20pc against the US$
      268 7 Rauter ARGENTINA'S currency, the austral, plunged for the second day running on Wednesday, losing a further 20 per cent against the US dollar by midday. In two days, the austral dropped to 28 to the dollar from 17.00 following the government's decision
      Rauter  -  268 words
    • Article
      Lock icon South Africa clamps down on exchange control abuses
      243 7 Reuter SOUTH AFRICA'S central bank on Tueeday announced tighter meaauree to stop abuses of foreign exchange controls after a seriee of currency scandals provoked criticiem of its auperviaory system. The Reserve Bank will booat the number of inspectors and increase cooperation between
      Reuter  -  243 words
    • Article
      Lock icon Liquidator appointed for SEG Insurance
      270 7 Bernama A PROVISIONAL LIQUIDATOR was appointed by the High Court in Kuala Lumpur on Wednesday to take poeeeaaion, collect and protect the assets of the insolvent SEG Insurance Sdn Bhd. Juatice Siti Norma Yaakob made the order in chambers following an ex-parte application by the
      Bernama  -  270 words
    • Article
      Lock icon Record M$2.5b being raised for expressway
      592 7 MBT PROJEK Lebuhrsys Utara-Sela-tan (Plus), the concession company undertaking the 900-km North-South Expressway project in Malaysia, is rsising a record M 52.535 billion on the capital markets. Under the financial package, Amanah Merchant Bank Bhd will raise Msl.6 billion from local and foreign banks
      MBT  -  592 words
    • Article
      Lock icon Bank of Spain scrutinising Banesto's 1988 accounts
      405 7 Reuter THE BANK of Spain ia examining the 1968 accounts of Banco Espanol de Credito to determine if it violated accounting standards. Banesto's results, which have not yet been iaaued, have been approved by a majority of Baneato'a board despite objections by a
      Reuter  -  405 words
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  • COMMODITIES
    • Article
      Lock icon Gulf oil producers expected to cut output
      424 8 Move prompted by lower world demand AFP GULF OIL PRODUCERS, accused of exceeding their quotas assigned by the Organisation of Petroleum Exporting Countries (Opec), are expected to cut output in March and April in response to lower world demand for oil, traders and
      AFP  -  424 words
    • Article
      Lock icon US extends steel import quotas
      256 8 Reuter MEMBERS of the US Congress from steel-making states introduced legislation on Wednesday to extend import quotas on steel amid stiff opposition by consumers fearing shortages and higher prices. The bill, which would extend the five-year-old voluntary restraint agreements (VRAs) for five years beyond their
      Reuter  -  256 words
    • Article
      Lock icon Indonesia urges producers to upgrade quality of rubber gloves
      390 8 Bernama INDONESIA, which currently has nine rubber gloves manufacturing plants capable of producing some 413 million examination gloves a year, expects another 22 plants to be operational this year. Junior Minister of Industry Tungky Aribowo said despite the recent price declines,
      Bernama  -  390 words
    • Article
      Lock icon Colombia suggests more weight for stocks in coffee quota fixing
      332 8 Reuter COLOMBIA'S chief coffee official has suggested giving more weight to producer stocks when fixing coffee export quotas to combat two-tier pricing. "We have been advocating this idea for many years but it was taken seriously in a limited way
      Reuter  -  332 words
    • Article
      Soybean & Wheat
      359 8 Soybean Wheat SOYBEAN FUTURES dropped sharply in sympathy with weakness in soymeal, ending 11-1/2 to 9-1/4 cents per bushel lower in moderately active trade on the Chicago Board of Trade on Wednesday. Widespread speculative long liquidation and stoploss selling found few buy orders, pushing futures lower. March settled at US$7.46
      359 words
    • Article
      Lock icon Crude Oil and Products
      165 8 Telerate FUEL OIL prices were fairly flat in the Singapore market yesterday. Sell prices for CST-180 were at US$73-US$74 per tonne fob/cif Sing while buyer's asked for numbers around US$7l per tonne fob/cif Sing. A deal for CST-180 waa report- edly done at U5573.5 per tonne
      Telerate  -  165 words
    • Article
      KL Tin
      157 8 Strong buying demand mainly from Europe aaw the Hn prtce firm 19 cento to M 520.70 a kg ysstordey. Turnoeer rose to 110 tomee team M on Friday deepite toe withdrawal oI tha Jifinm whan toe prioa bagan to rtoe. Daapito toe rtoe, toe KLTM to at a
      157 words
    • Article
      Rubber
      349 8 SMQAPORE: Rubber pricea endad lower with March 1 RSS buyer quoted at 214.90 cents a kg yesterday, down four cents from last Friday's close. Brokers said pricea tost lour cents in quiet morning trade, influenced by recent falta in the Japaneee rubber markets during the long Lunar New Year
      349 words
    • Article
      RAS and MRELB
      274 8 RAS prices mtc ante/kg, FQ hi bate) I NOON aosE Rwyor* Sellers ftwyon Setters bit 1 RSS Prompt 213.00 214.00N 213.50 214 JO tat 1 RSS Mor 89 214M 215.00N 214J0 215JO Int 1 RSS Apr 216.00 217.00N 216.50 217 JO Int 2 RSS Of 204.00 206.00N
      274 words
    • Article
      SSR and SMR
      86 8 (earm/kg) MARCH 1989 APWL 1989 (currant month) (forwoi d month) RAS NOON 8«y*»» S«Nsn NOON lvy«n Satan SM 30 194 JO 196-50N 194 JO 196 JON SSI SO 1 92 JO 194. SON 192 JO 194 JON MRELB twyan T,t,„ lwy«o j SMI CV 319J0 331.SON 321
      86 words
    • Article
      Precious Metals
      395 8 HONGKONG: Gold closed little changed In quiet and etow tradinQ yeeterday with light buying ordera from Auatralian traders. Bullion ended at U*****.g0/304.40 an ounce againat an initial U*****.8(V304.30 and compared with New York's dose of U*****.30/394.80 On the local market, gold roee HK$lO to ckwe at HK53,674 a
      395 words
    • Article
      Palm Oil
      282 8 MALAYSIAN CRUDE PALM OIL FUTURES closed unchanged In •lightly steadier trading on the KLCE y«starday Dealers war* sidelined awaiting freah developments. February waa -down Ms 2 to MsB66 a tonne while March and April ware unchanged at MsBB6 a tonne and MsBB4 a tonne reepecttvely. Turnover was down
      282 words
    • Article
      Produce Prices
      236 8 7 Chinese Produce Man* noon dorinq Hb 9 (SI/100 kg) prteM on Coconut oil M rot 106.00 Otd drum FOB 11&00 NWw drum FOB 122.00 Copra MU*d (loow) 6400 Peppor Mun»ok «M> FOB NIW 707J0 Sorowok whit* FOB foq NtW ***** Sorowok sp*dol Mode FO« NLW Sorowok Asto
      236 words
    • Article
      London markets
      263 8 London Commodity Exchange Buyer/Seller dosing prices on Feb 8, (£/toon« unless specified). Previous dosing prices in pc irenthesis. Bosb in-slore London, seders option OF La ndon Mo1187/88 (1178/80) Wgh/low 1192/85 May 1140/62 (1149/53) KMgh/Low 1165/55 SOIm (2691) Cocoa Mor 848/851 (842/843) High/Low 859/840 May 862/864 (854/855) tftgh/Low 875/851
      263 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      156 8 A t SINGAPORE TOURIST PROMOTION BOARD TENDER NOTICE DEVELOPMENT OF A SITE FOR HOTEL-CUM-SHOPPING COMPLEX LOCATED AT THE CORNER OF TANGLIN ROAD/GRANGE ROAD Tenders are invited for the development of a hotel-cum-shopping complex on a prime site of 1.35 hectare located at the corner of Grange Road I Tanglin Road.
      156 words
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  • FOCUS
    • Article, Illustration
      Lock icon Yugoslavs look for passport to prosperity
      832 9 The spartan nature of the socialist way of life has brought about emotional problems such as boredom and suicidal tendencies, especially among the young citizens. These articles analyse how three socialist countries cope with these problems in different ways. Reuter "CAN I borrow your
      Reuter  -  832 words
    • Article, Illustration
      Lock icon Bored Cubans hope for some perestroika
      1082 9 NYT THE ROCK MUSIC at the Havana youth centre was blaring. And the boys huddled off to one side had to lean close to hear one another talk. They didn't actually like the music, they said, but there was nothing else to do, nowhere
      NYT  -  1,082 words
    • Article
      Lock icon Suicide in the Soviet Union no longer a secret
      562 9 AFP UNTIL recently, suicide statistics were state secrets in the Soviet Union. Today, officiate even talk about bringing the church in to help. Such ia the scale of the problem. The wind of change under glasnoet (openneee) aaw juat last month
      AFP  -  562 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      120 9 I SKC Limited (Seoul, Korea) is pleased to announce the appointment of /V Rank O'Connor's A member of the Weame Brothers Group as the sole distributor of SKC floppy disks for Singapore and Brunei ?Kc $C #7 Rank O'Cwatr s Siagapara Pta Hi O'Connor House, 98 Paar Panjang Road, Singapore
      120 words
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  • PERSPECTIVE
    • Article
      The home stretch is a tough one
      503 10 •AFTER NINE YEARS of foreign occupation, Afghanistan is set to return to its people. True, the country was far from peaceful in the immediate years preceding the Soviet invasion. King Zahir Shah was overthrown in 1973 by his cousin Mohammad Oaoud, whose left-of-centre
      503 words
    • Article, Illustration
      A venture of vision
      1386 10  -  Homegrown optical company Hilite Pte Ltd plugged itself into the international network last year when it teamed up with the publicly-listed Essilor group of France. SUZANNE SOH profiles the company and its farsighted founder, Mr Robert Khoo. SUZANNE SOH TAKE WATER, add salt, call it "normal
      1,386 words
    • Article, Illustration
      Foresight of the founder
      780 10 MR ROBERT KHOO may not have foreseen that his optical products trading business would one day become part of a multinational network. The fact that it did, however, is not all that surprising to those familiar with his background. For Mr Khoo is s man of
      780 words
    • Article, Illustration
      Lock icon Wanted: a Palestinian negotiating partner
      626 11 Reuter ISRAELI Defence Minister Yitzhak Rabin, having failed to quash an Arab revolt with military might, is scouring his own prisons for a Palestinian negotiating partner. Rabin, a former Chief of Staff who heads the hawkish faction in the Labour Party, has eclipsed Labour leader
      Reuter  -  626 words
    • Article, Illustration
      Lock icon Cory Aquino: still the dominant political figure
      680 11 NYT THE QUICK VISIT by VicePresident Salvador H Laurel to the ailing former president, Ferdinand Marcos, in Hawaii last week was a signal that the 1992 presidential campaign is under way in the Philippines. Rather than the humanitarian mission advertised by the vice-president,
      NYT  -  680 words
    • Article
      Lock icon Call for a return to Cairo
      605 11 Reuter GHOSTS OCCUPY the leather armchairs that were once the seats of power in the Arab world. The Persian carpets and faded velvet curtains of the Arab League's headquarters building in Cairo look the same as in 1979 when the 22 league members suspended
      Reuter  -  605 words
    • Article
      Lock icon Spanish hope for peace in the Basque country
      788 11 Reuter HOPES HAVE REVIVED in Madrid that a bloody chapter in Spanish history the Basque guerilla war which has blighted the country's transition to democracy may be drawing to a close. Peace talks broken off abruptly a year ago are reported to
      Reuter  -  788 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      179 10 2 S3? fm Si PRopE^Ty.^ fsjgURAH^ TS •1 10 T—--V^'t Iff •?'V m Mi". S r ci •^N fl* P? ■4- *A' <\ V *> >* M £41 1 I BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space
      179 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      36 10 Here's RN RPOOS/NG LlfTLe ft ncc pore, n?on my dirry. F\PRIUn. DRlSToto spilt scalding hot Tefl \M his LAP tomcH BROO G>HT TcLPVRS "Tt> Ims eves > t LAUGHeD TILL l Cf^lGD.. n EVCMINQ STAMOAHO CO. LTD,
      36 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      76 11 Keep a date with Sevvv Ballesteros the Sevvy Way 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. And, of course, the all-round executive cannot
      76 words
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  • LEISURE
    • Article, Illustration
      Lock icon The monarch of the seas turns 20
      689 12 THE QUEEN ELIZABETH 2 NYT ALTHOUGH the Queen Elizabeth 2 will be spending a lot of time in Japan in the coming months, England's reigning monarch of the sees plans to observe important snniversariee this year end next in the style for which
      NYT  -  689 words
    • Article, Illustration
      Lock icon 'Newcomers' to America
      594 13  -  BOOKS By KATHLEEN Mac LAY AP AS CHINESE-AMERICANS mark the Lunar New Year, they remain "newcomers to America" despite 150 years in the United States and a population close to 1 million, a new book argues. The book blames repressive, discriminatory laws enacted after immigrants many from
      AP  -  594 words
    • Article
      Lock icon Life in an internment camp for Japanese in the US
      688 13 PHOTOGRAPHY AP THE CHANCE DISCOVERY of a cache of nearly forgotten photographs by Ansel Adams has yielded a new book with a haunting insider's view of the internment camps where more than 120,000 Japanese-Americans were held captive during World War
      AP  -  688 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1055 12 U/freretv entertain... Where tv entertain... UAjeretv entertain... UAkrrtv T Yourp^P etft^! 6 Teb 20 Feb Partake in the traditional tossing of Yu Sheng or Raw Tish Salad for prosperity at the Ming Palace. Large portion $33.00 Small portion 18.00 Additional fish 6.00 LUNAR NEW YEAR SPECIALITIES Gather your family and
      1,055 words
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      Page 12 Advertisements Column 2
      394 12 HNUE ZVDfJS hi THt t4Ct I •;v ft ;?i as ErEHz Day Mandarin February 14, 7.30 pm The Mandarin Ballroo is magically transformed 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
      394 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      245 13 entertain.... A n Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, for every drink you order you get your next FREE. And bottle purchases are at 25% less. There's no happier time to enjoy your favourite drinks and some of
      245 words
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      Page 13 Advertisements Column 2
      59 13 SOME THINGS NEVER CHANGE.. like lomancing candle-light dinners and good old-fasnioned dancing especiallv cha-cha.tango, foxtrot, samba.wait/ the list goes on At the Hearthrob you can relive those magic moments of yesterday and (who knows 7 1 maybe create new ones [JLuliJi i 1 Swim wear Fashion Show By models from
      59 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      652 13 CRYPTIC PUZZLE 4 Something to look forward to (6) 7 In a real case, some medicine is curative (8) 8 Supposed to have longed for love (6) 10 Not Jack tar's table! (5) 13 Assembly requiring a lid (4) 14 Look to be in terrible error (4) 15 Obtains contracts?
      652 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1275 13 TV and RADIO Back to Edwardian England OUR CHOICE HANNAY, Channel 12, 10.25pm This series recreates the role of Hitchcock's hero in the early movie, The Thirty-Nine Steps. Richard Hannay returns to Edwardian England from Cape Town in 1912. While he is having drinks with Lord Haslemere and his beautiful
      1,275 words
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  • SPORTS
    • Article
      Lock icon Knicks clinch win with late rally against Hawks
      374 14 BASKETBALL AP MARK JACKSON scored 11 of his 18 points in the final period, including a pair of key three-point goals, as the New York Knicks overcame a 12-point second-half deficit to beat the Atlanta Hawks 113-101 on Wednesday. With New York
      AP  -  374 words
    • Article
      Lock icon Debt burden hanging heavy on Cup defenders
      399 14 YACHTING UPI THE DEFENDERS of the America's Cup are sitting on a US$4.5 million debt while they await a court ruling that may forfeit the trophy to New Zealand. A source within the America's Cup Organising Committee (ACOC) in San Diego said on
      UPI  -  399 words
    • Article
      Lock icon Kiwis favoured to win second Test
      331 14 CRICKET AFP NEW ZEALAND goes into the second Test against Pakistan in Wellington today in a confident mood, after a convincing oneday win on Monday and the failure of the tourists to show consistently good form to date. The victory in the one-day match,
      AFP  -  331 words
    • Article, Illustration
      Lock icon One proves to be lucky number for two
      371 14 SKIING AP DRAWING the first starting position in a ski race isn't considered lucky. It's like asking a speed horse to set the pace in the Kentucky Derby and then hold off all the late chargers in the stretch. If Ulrike Maier
      AP  -  371 words
    • Article, Illustration
      Formidable field for S'pore Open
      404 14  -  TENNIS By WALTON MORAIS FORMER CHAMPION Anne Minter, last week's New Zealand Open champion Patty Fendick and 1988 Wimbledon semifinalist Jill Hetherington have all agreed to grace the DHL Singapore Women's Open in the year the championship takes another step up the world championship ladder.
      404 words
    • Article
      Lock icon Chang to face Connors
      152 14 AP AMERICAN TEENAGER Michael Chang earned the right to meet second seed Jimmy Connors with a 4-6, 6-0, 6-2 victory over Tim Wilkinson on Wednesday in the U*****,000 Volvo Chicago tennis tournament. Chang, who turns 17 in two weeks, won all six games in the second
      AP  -  152 words
    • Article
      Lock icon Treat from Noah and Hlasek
      155 14 AFP FLAMBOYANT Frenchman Yannick Noah and hard-hitting Jakob Hlasek of Switzerland provided the rapidly diminishing thrills in the U*****,000 Dutch Grand Prix tennis tournament in Rotterdam on Wednesday. Half the seeds have already left after disappointing displays. The latest to make their bows were the
      AFP  -  155 words
    • Article
      Lock icon Griffiths and White book semi-final berths
      256 14 SNOOKER AFP WORLD No. 5 Terry Griffiths was in vintage form on Wednesday when he demolished Martin Clark 5-1 in the quarter-finals of the £200,000 European Open in Deauville, France. The 41-year-old former world champion from Wales opened with a superb 100 clearance in
      AFP  -  256 words
    • Article, Illustration
      Lock icon Cash caught in steady slide off and on court
      641 14 Reuter PAT CASH. Australia's hero when he won Wimbledon in 1967, has turned villain after a series of poor displays on and off the court this year. First, Cash lost in straight sets to Sweden's Stefan Edberg, the current Wimbledon champion,
      Reuter  -  641 words
    • Article
      BONDS, LOANS & WARRANTS
      641 14 BONDS, LOANS WARRANTS Company Coupon Convorofton poftod MHMI Coiworofton torn tor out ocdhiify <*> payMe tfwre dot* CK Tang Writ *****990 Anytime to May 31. 1990 1 warrant plus $225 cash. Chuan Hup Wrtt 1991 Anytime on or after Mar 1987 1.6 warrants plus $1.60 cash. until Dec 31. 1991.
      641 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon Success of Kesang's venture depends on price of gold
      791 15 mm® rnm^ HOCK LOCK SIEW FEW INVESTORS here have paid any attention to Kesang Corporation, a small, tightly held Malaysian counter which is seldom traded. But just a few days before Kesang made an announcement last month, the counter sprang to
      HOCK LOCK SIEW  -  791 words
    • Article
      Ryoden joins in Wanchai project
      416 15  -  By FOO CHOY PENG Hongkong Correspondent RYODEN (HOLDINGS) has joined the Sino Group and Sun Hung Kai Properties to develop the HK53.35 billion Wanchai site which the two parties secured in a land auction last month. Ryoden, through property arm Ryoden Property Development Co, will
      416 words
    • Article, Illustration
      Berjaya's Vincent Tan may make counter bid for SSMC
      705 15  -  Offer may be more than US$3O a share By MAGDALENE NG MALAYSIAN businessman Vincent Tan who heads the Ra-leigh-Berjaya-Sports Toto group is prepared to make a counter bid for US company SSMC Inc. SSMC, which markets a wide range of consumer
      705 words
    • Article
      RDC venture wins job in Bangladesh
      262 15  -  By ELAINE KOH RESOURCES Development Corporation Ltd has won a $32million contract to build an expresswsy in Bangladesh with a joint-venture partner. ROC Construction Re Ltd, a wholly-owned subsidiary, was awarded the project earlier this month along with its jointventure partner a Bangladesh construction
      262 words
    • Article
      Singmarine unit completes repair contracts worth $8m
      137 15 SINGMARINE Industries Ltd, through its subsidiary, Singapore Slipway and Engineering Co (Re) Ltd, has completed $8 million worth of repairs and conversion contracts. The contracts included major refits of two American fishing trawler, upgrading of a Chinese seismic vessel, reactivation of another American
      137 words
    • Article
      COMPANY BRIEFS
      177 15 MULPHA (8) Lid has received in-principle approval form the SES for its proposed rights issue and loan stock with TSR and for the listing and quotation of ail the rights shares, loan stock, TSRs and the new shares to be issued upon any exercise of the TSRs. A
      177 words
    • SES
      • Article, Illustration
        Blue chips and bank stocks dominate list of gainers
        1109 16 INVESTORS yesterday reacted negatively to Straits Steamship's proposed flotation of whollyoymed subsidiary Steamers Maritime Holdings, pushing its share price down by 16 cents, or about 7 per cent, to $2.03. Analysts said Straits Steamship's announcement of the proposed listing of Steamers
        1,109 words
      • Article
        COMPANY MEETINGS
        97 16 «WEARHE BROTHERS LIMITED: 74th AQM at 30&BC Centre, 65 Chulia •ml #19-00, Singapore *****4, on Wednesday, 22 >eb at 10.30 am. r THE HEW STRAITS TIMES PRESS (MALAYSIA) BERHAO: 17th AQM at the *?Theatrette of the company, 'Balai Berita, 31 Jalan Rtong, ***** Kuala Lumpur Saturday, Feb 25,
        97 words
      • Article
        APPROVED ISSUES
        64 16 Company RIGHTS ISSUE General Corp .204.936 nomtnof amount of 8% Convertible Umacurad loon Stock 1908/93 on riw basis of $2 nominal amount of loon stocks for every 5 GCB thorn of )l noch or $2 nominal amount of OAS 1988/93 for every (750 nominal amount of tha 1987/89
        64 words
      • Article
        PROPOSED ISSUES
        329 16 Company RIGHTS ISSUE Berjaya Corpn One-for one $1 00 par per thorn C 1 Holdings 27 million loon stocks in the ratio ol $3 loon stock for every five ordinary Causeway Inv iNJfil WO Ism* of $7.2S2.?37 nominal amount ol 4% loan Stock 1989/94 on the basis of
        329 words
      • Article
        SES SHARE INFORMATION
        5895 16 Tel Gr's Gr'« 198. B/89 Company Last Vol Day Laet Q mote Dlv Dlv rid Net M Cap High Low Cod* Sato FEB 09 OCC000) High Low Buyer Seller C'vr PIE Smll SESDAQ 187 114 t 4000 Amtek Eng 20* 140 8 73 140 135 139 141
        5,895 words
    • KLSE
      • Article, Illustration
        KLSE: Bulls take a breather
        3381 17 BULLS paused for a breather on the Kuala Lumpur stock market yesterday with prices closing mixed in active trading. Profit-taking was noticeable in the afternoon. However, tin stocks attracted firm interest on news of the 19-cent increase in tin price to M 520.70 a kg
        3,381 words
    • REGIONAL MARKETS
      • Article
        Lock icon Air India flies out of the red with US$9.3m profit
        205 18 AFP AIR INDIA uid on Wednesday it posted s pre-tax profit of US$B.3 million in the nine months to December, reversing s loss of US$lB.3 million a year earlier. Managing director Rajan Jetley said the stateowned international carrier had budgeted
        AFP  -  205 words
      • Article
        Lock icon Investors seem set to reject Bond's bid for HK unit
        789 18 FT HONGKONG has defeated Alan Bond. That will almost certainly be the verdict next Monday, when minority shareholders are expected to reject a controversial HK$2.2O a share offer from Bond Corporation Holdings of Australia to buy out their 33.8 per
        FT  -  789 words
      • Article, Illustration
        Lock icon Index hits record
        582 18 Tokyo Reuter TOKYO'# key stock index climbed to its fifth record in a row yesterday thanks to the backing of high technology shares, but declining issues led rises for the market as a whole, brokers said. "The market has gone up for five days so it was
        Reuter  -  582 words
      • Article
        Lock icon Bangkok: Moderate trading
        226 18 Reuter THAI STOCKS steadied in moderate trading as investors resisted a market correction expected earlier after strong rallies last month, brokers said. The Securities Exchange ot Thailand Index slipped 0.01 point to 443.29. Winners led loeers 49 to 40. Dhana Si am, Padaeng and General Fi- nance
        Reuter  -  226 words
      • Article
        Lock icon Goldman Sachs scores a first in Japanese securities
        359 18 FT GOLDMAN SACHS, the US investment house, is to become the first foreign securities company to participate in underwriting the flotation of a fully Japa-nese-owned company on the Tokyo Stock Exchange (TSE). The move is a modest but significant advance by a
        FT  -  359 words
      • Article
        Lock icon James Capel raises stake in French broker
        132 18 AFP JAMES CAPEL (Far East) Ltd, a stockbroking unit of Hongkong and Shanghai Banking Corp, has acquired a controlling interest in French securities firm Dufour Lacarriere Pouget SA. Company spokesman Christopher Rampton said James Capel had raised its stake in the French broker
        AFP  -  132 words
      • Article
        Lock icon Hyundai to reopen shipyard tomorrow
        189 18 Reuter SOUTH KOREA'S biggest shipbuilder, Hyundai Heavy Industries Co. is to reopen its strike-hit yard tomorrow after a standstill lasting nearly two months, a company spokesman said. He said the company, a unit of Hyundai Corp, decided to resume production because most of its 19,000
        Reuter  -  189 words
      • Article, Illustration
        Prices close sharply higher
        1326 18 Hongkong SHARE PRICES on the Hongkong Stock Exchange soared across the board in heavy trading yesterday after the long Chinese New Year break. The Hang Seng Index, the market s key indicator of blue chips, rose 104.00 points, closing at 3,209.96, its largest single-day gain since
        1,326 words
      • Article
        Lock icon Seoul: Heavy profit-taking
        117 18 Reuter STOCKS CLOSED mixed after heavy profit-taking in the manufacturing sector, brokers said. The composite index stood at 892.52 near the close, up 0.56 point from Wedneeday's close. "There are no market incentives to prompt buying," said a Daewoo Securities broker. Brokers said manufacturing stocks are emerging
        Reuter  -  117 words
      • Article
        Lock icon New Zealand: Mixed session
        148 18 Reuter THE NEW ZEALAND share market closed slightly higher after a mixed session which broker's described as a breather to the recent bull run. The Barclays Index rose 3.49 to 2,076.01. "The general feeling is the market is a bit toppy." a broker said. "There is
        Reuter  -  148 words
      • Article
        Lock icon Manila: Mining stocks lead rally
        99 18 Reuter SHARE PRICES continued their climb on the Manila and Makati stock exchanges. with mining stock leading the rally, dealers said. Mr Irving Ackerman of I Ackerman and Co said there was an across-the-board recovery after last week's falls. "The general feeling was that the
        Reuter  -  99 words
      • Article
        Lock icon Bombay: Prices slip
        193 18 Reuter SHARE PRICES eased for a third consecutive day on low volume as uncertainty over the 1989/90 budget kept investors on the sidelines. brokers said. They said newspaper reports that the government may raise rail freight rates by 20 to 25 per cent in the budget to
        Reuter  -  193 words
      • Article, Illustration
        Higher trading
        499 18 Australia SELECTED BUYING in industrial and resourcs stocks drove the Australian share market up to the day's high at the cloee of floor trading. Brokers said the stronger futures contract and higher commodity prices encouraged limited trading by local institutions, despite the high Australian dollar and concern over
        499 words
    • WORLD MARKETS
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1879 19 Reuter ZURICH: Swiss shares were mixed at midday in moderate trading, dealers said. Bank shares came under selling pressure on reports that a major bank was under investigation in connection with money-laundering. Credit Suisse bearers lost 40 to 2,700 Swiss francs and Union Bank bearers fell 30
        Reuter  -  1,879 words
      • Article, Illustration
        Lock icon Rally stops in Its track
        781 19 Now York Reuter WALL STREET'S stock rally was tripped up by a round of profit-taking on Wednesday that wiped out early gains and left the blue-chip index lower. The Dow Jones industrial average, which rose 26.07 points to a post-Crash closing high on Tuesday and
        Reuter  -  781 words
      • Article, Illustration
        Lock icon Profit-taking sets in
        909 19 London Reuter SHARE PRICES opened lower, driven down by profit-taking after Wednesday's 28-point rise in the FTSE index to levels last seen before the October 1987 stock crash. One trader said: "This morning's fall is not surprising given the sharp rises we've seen recently." Dollar declines ahead
        Reuter  -  909 words
      • Article
        Lock icon Plessey plans breakup to fend off hostile bid
        446 19 FT PLESSEY. the UK slectrontea group, is considering radical plan to break itself into two ss part of its defence sgainat the hoetlle takeover attempt from the General Electric Company and Siemens. The demerger would only go ahead, however. If Pleeeey's more
        FT  -  446 words
      • Article
        Lock icon Olivetti expands US computer business
        325 19 Reuter EXPANDING its preeence in the US computer industry. Italy's Ing C Olivetti and C SpA has agreed to acquire for about US$l74 million a US company which suppliee branch automation systems to financial institutions. ISC Systems Corp, based in Spokane, Washington, has agreed to
        Reuter  -  325 words
      • Article
        Lock icon California is US state with most multinational manufacturers
        226 19 AP CALIFORNIA has displaced New York as the state with the most multinational manufacturing companies, the Conference Board said in a report releaaed on Wednesday. California now has 150 publicly owned manufacturing firms with offices abroad, compared with 130 headquartered in New
        AP  -  226 words
      • Article
        Lock icon KLM's third quarter profits expected to double
        212 19 Reuter KLM Royal Dutch Airlines' third quarter net profits may reach 100 million guilders from 57.8 million a year ago due to steady fuel and depreciation coats, and with a good load factor booeting sales by 10 to 15 per cent, analysts said.
        Reuter  -  212 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      108 15 DGB4NK-GZB (Asia) Ltd. will be holding a dinner talk on: "US Economic Initiatives Under Bush, And Their Impact On Singapore" at: The Marco Polo Singapore Tanglin Room II 7.00 pm The speaker will be Dr. William Rieber, Senior Fellow at the NUS Department of Economics Statistics. Seating (dinner inclusive), on
      108 words
    • Advertisement
      Page 15 Advertisements Column 2
      966 15 Financial Newsmakers jprT» Straits Steamship Company Limited (Incorporated in the Republic of Singapore) PROPOSED LISTING OF STEAMERS MARITIME HOLDINGS LIMITED The Directors of Straits Steamship Company Limited Straits Steamship are pleased to announce that in-principte approval has been received from the Stock Exchange of Singapore Limited for the listing of
      966 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      668 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 HORIZON INVESTMENT PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held on 3 February 1988 at 10 a.m., at 3 Shenton Way, #07-09 Shenton House. Singapore 0106. the following special resolution was duly
      668 words
    • Advertisement
      Page 18 Advertisements Column 2
      356 18 THE COMPANIES ACT CHAPTER 50 SECTION 290 <2) (b> NOTICE OF RESOLUTION KLEINWORT BENSON (SINGAPORE) LIMITED (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Kleinwort Benson (Singapore) Limited held on the 2nd day of February 1989, the following special resolutions were passed: RESOLVED: 1) That the company be
      356 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      181 19 U5540,000,000 Negotiable Capped Floating Rate U.S. Dollar Certificate of Deposit due Ist November, 1990 The Sanwa Bank Limited In accordance with the provisions of the Certificates, notice is hereby given that for the three month interest period from 10th February, 1989 to 10th May. 1989 the Certificate will carry an
      181 words
    • Advertisement
      Page 19 Advertisements Column 2
      335 19 THE ATLAS ICE COMPANY, BERHAD (Incorporated in Malaysia) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that SeventyFourth Annual General Meeting of the Company will be held at the Registered Office. No 22 (Upper floor of No 20) Jalan Hang Jebat. ***** Melaka on Monday 27 February 1989 at 11 30am.
      335 words
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  • Article
    Mercy and compassion for Marcos ruled out
    520 20  -  Manila decides on a 'Napoleonic formula' By HARISH MEHTA EVEN AS the Philippine government said it had approved a "Napoleonic formula" which allows the return ot ex-president Ferdinand Marcos, but only seven years after his death presidential press secretary Teodoro Benigno has ruled
    520 words
  • Article
    Experts divided about Aquino's re-election
    346 20  -  By Harish Mehta CONSTITUTIONAL experts in Manila are divided over whether or not President Corazon Aquino can run for a second term in 1992, but Presidential Press Secretary Teodoro Benigno said the president will "step down" when her term ends. Speaking to BT in the
    346 words
  • Article
    Lock icon Chatichai's policy on Cambodia gets Soviet support
    578 20 AFP Reuter THE SOVIET UNION has expressed support for Thai Prime Minister Chatichai Choonhavan's Cambodia policy, saying that his efforts would accelerate a settlement of the 10-year-old conflict. A Thai government spokesman said yesterday that Mr Chatichai had received an official message from
    AFP; Reuter  -  578 words
  • Article
    Lock icon Gull approval for single tariff structure
    104 20 AFP THE SIX-NATION Gulf Cooperation Council (GCC) has approved in principle a single tariff structure, ranging from 4 to 20 per cent, for trade among GCC members. the Bahraini Finance Minister said in Riyadh. Ibrahim Abdel Karim, speaking late on Wednesday at the close
    AFP  -  104 words
  • Article
    Lock icon 'Shenzhen should use reforms to help economy'
    172 20 AFP CHINESE Communist Party chief Zhao Ziyang has urged economic showcase Shenzhen, which borders Hongkong, to use reforms to reduce China's gap with developed nations, Chi-nese-language newspapers in Hongkong said yesterday. Mr Zhao said that Shenzhen's development since becoming a Special Economic Zone
    AFP  -  172 words
  • Article
    Lock icon Texas Air chief named 'toughest US boss'
    354 20 UPI "LOOSE CANNON", "old blood-and-guts" and "megabrain" have made it to Fortune magazine's list of the seven most demanding top executives in America. Frank Lorenzo, chairman of Houston-based Texas Air Corp, topped the list of "America's toughest bossespublished in Fortune's Feb 27 issue
    UPI  -  354 words
  • Article
    Lock icon Manila plans to merge exchanges and encourage listings
    292 20 AFP THE PHILIPPINES plans to reform Its capital markets by merging the country's two stock exchanges and encouraging company listings. Securities and Exchange Commission chairwoman Rosario Lopez said. Miss Lopez said in a speech to businessmen that she was aware that officials
    AFP  -  292 words
  • Article, Illustration
    'Former Umno members seen as reinstated'
    456 20  -  By PAUL GOPAL DISSIDENT Johor Baru MP Datuk Shahrir Abdul Samad said yesterday that going by the New Umno leadership's acceptance of the Johor unity resolutions, all former party members including himself would be automatically reinstated as members. The decision as to when he
    456 words
  • Article
    Lock icon Comex gold
    94 20 Reuter COM EX gold futures backtracked to unchanged in early trading yesterday on lack of followthrough buying during an early upswing to new recovery highs since plummeting to 26-month lows at ths beginning of the week. April gold retreated to unchanged at U*****.10 an ounce from U*****.20. That
    Reuter  -  94 words
  • LATE FILE
    • Article
      Lock icon 27 radicals killed
      77 20 Reuter INDONESIAN soldier* killed at least 27 radical Muslims who shot poisoned arrows and swung swords, a military spokesman said, in the worst religious clash for more than four years in Indonesia. The spokesmsn in Palembang, near the site of Tuesday s battle in South Sumatra, said
      Reuter  -  77 words
    • Article
      Lock icon Lower Malaysian trade surplus
      49 20 Bernama MALAYSIA recorded a trade surplus of M510.8Q6.6 million for the 11 months to November 1968, against M 511,848.4 million for the same period of 1987. The major components contributing to the increase in import expenditure were machinery and transport equipment and manufactured goods. Bernama
      Bernama  -  49 words
    • Article
      Lock icon Hawke arrives in India
      37 20 Reuter AUSTRALIAN Prime Minister Bob Hawke began a four-day visit to India yesterday to press for support in the Asian-Pacific region for plans to counter economic protectionism in Europe and North America. Reuter
      Reuter  -  37 words
    • Article
      Lock icon 'Burmese poll this year'
      56 20 Reuter BURMA'S military leader was quoted yesterday aa having said that he hoped that elections could be held eight or nine months after publication of an election law in March. Visiting Australian Senator Christopher Schacht told reporters in Rangoon that General Saw Maung had diaclosed the
      Reuter  -  56 words
    • Article
      Lock icon Polish miners' strike ends
      40 20 Reuter THOUSANDS of coalminers ended a strike yesterday that had threatened to shut Poland's biggest power station and which the government said caused concern about chances of agreement at talks with the banned Solidarity union. Reuter
      Reuter  -  40 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      107 20 Cory Aquino: still tho dominant political figure, PAGE 11 Is Number One! The building which changed the skyline of Shenton Way YOU'VE SEEN THE PROFILE, why not come on in and see what we have to offer.. jr|rjrt Mr r r i T—'j| 0 Excellent business |Pk-S location BS 0
      107 words
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      Page 20 Advertisements Column 2
      337 20 11l und.. V> c ♦hfi WO r HOW IT'S DONE: THE MIRACLE OF SOUND FIELD RECREATION Nothing you've ever heard- short of the real thing- can match the stunning performance of the DSP-100. When you close your eyes and activate the processor, you can literally feel the size and shape
      337 words
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  • SHIPPING TIMES
    • Article
      Borneo Shipping asked to consider agency joint venture
      493 21  -  By LINDA CHEE JAPANESE carrier Nippon Yusen Kaisha, on the trail of setting up its own overseas agencies, has asked its Singapore agency Borneo Shipping to consider a joint-venture instead. Talks between the two parties are scheduled to begin by the end
      493 words
    • Article
      Philippines forms classification society
      412 21  -  By AL O LABITA Jr A CLASSIFICATION society. the first ever in Philippine, has been formed with a group of naval architects and marine engineers ss incorporators. Named the Philippine Register of Shipping (PRS), the new non-stock corporation aims to assume the task of reviewing and
      412 words
    • PORT SIDES
      • Article
        Lock icon Rite in Japanese permits
        107 21 Reuter THE Japanese Transport Ministry issued 25 shipbuilding permits totalling 564,730 gross registered tons (grt) in January, up from 16 ships of 326,800 grt in December. This compares with 19 ships totalling 523,177 grt in January 1968. The ministry said January permits comprised two cargo ships
        Reuter  -  107 words
      • Article
        Lock icon Iran launches first hovercraft
        112 21 AP IRAN has launched its first domestic-built hovercraft named Yunus after the Hebrew prophet Jonah who was swallowed by a whale, the official Islamic News Agency reported. The agency said the 8.4-metre long and 4.4-metre craft was designed and produced by the "self-sufficiency industry of the
        AP  -  112 words
    • Article
      Indian ports expect surge in cargo throughput
      803 22  -  By SHIRISH NADKARNI INDIAN ports will have to gear themselves to handle about 160 million tonnes of additional cargo by the end of the century, in the wake of the new economic climate prevailing in India over the last few years. With the
      803 words
    • Article
      INDEX TO ADVERTISERS
      1052 22 V s ABSS UM n 7 ABC Coma—» a 1 Accord Shpg VI 1/2 AhranUal Unar AJhrom i IV 4 1 AC Toiplai XI 5 Aaaricoa Tpt i 4 Aaro Wvo IV w Arrow liaat n s Aim Ocaon XI 4 Ajaoc Cornoga XI s AMI I
      1,052 words
    • Article
      Lock icon Senator orders six ships for long-term charter
      104 23 Seatrade Week SIX 1,800-2.000 TEU vessels have been ordered for long-term charter to Senator Line of Bremen. With two Korean newbuildings already on order for delivery this year, the ambitious round-the-world operator will have taken on eight larger vessels for replacement or expansion
      Seatrade Week  -  104 words
    • Article
      NZ line taking action against unions
      292 23  -  By JOHN SPIERS THE New Zealand Shipping Corporation is continuing legal action against maritime unions for picketing its ships, despite the voluntary removal of pickets by the unions. The corporation's flagship. Tui, (formerly New Zealand Pacific) has been picketed by unions and has not
      292 words
    • Article, Illustration
      Sembawang converts Faust to US requirements
      232 23 THE 51,858 gross ton Faust, a pure car/truck carrier owned by Wallenius Lines, recently completed its reflagging from Swedish to United States Coast Guard requirements at Sembawang Shipyard. The $5.5 million conversion, which took 51 days to complete, is the second of its kind
      232 words
    • Article
      SHIPPING EVENTS
      407 23 Feb 14 Uncertainties in the estimation of fluid on offshore structures with special emphasis on wind forces, joint Institute of Marine Engineers RINA offshore group meeting, 1730 hours, Institute of Marine Engineers, The Memorial Building, 76 Mark Lane, London, EC3. Feb 20-21 41st CMIA Annual Technical Conference and
      407 words
    • Article
      LONDON FREIGHTS
      1370 28 FREIGHT rataa for grain movements from the US Gulf to Japan hava continued to adga lower on Wednaaday with U5523.75 paid baaia combination discharge porta following business at $24, ahipbrokara aaid. Tha Baltic aub indax for this voyage waa marked down to $23,792 from $24.20 and mark«t talk
      1,370 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7349 28 AARHUB City at Edinburgh. Trtot. Fat> HMQ. Ming Propleoua, Yang Ming. Feb 12 B Suria. ScanOutcht. FaC 11 Ever Group. Evergreen. F«t 14 Oki H*. CNne Oceen V>p« Fat is Lauel Meerak Umt Una, Feb 11 VM. do Marcura CM O MMmnl
      7,349 words
    • Article
      SHIPS IN PORT
      1166 28 AT CONVENTIONAL WHARVES VmmI Bwf i Arrival Depart KEPPEL WHARVES lutldar M K23 olo«audo I002AXJ0 G SotoMn VI KI7 okMgwto 1002,0600 Koto Aagkan K3I oioagtido ia02AM00 SO btwo K3B olo«Wiid. II02/1800 KM atoogud* 1102/2300 Strom Phdo K2SE aloxguM 1100/010) Taotkiolwg G9 otoogwto 17 02,7300 Trout toy COT
      1,166 words
    • Article
      BUNKER MARKET REPORT
      562 30 > Density Water Carbon Raaldua Ash Aluminium Sediment KG/M*3 v/v M/M M/M PPM M/M Exxon method BO/Clmac limits Spec E25 Spec Q35 991 991 1.0 1.0 15.0 18.0 0.10 0.15 30* 30* 0.15* 0.15* Northern Europe 180 Ave 180 Max No above E2S 980 999 3 0.2
      562 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      783 21 *°v TIMES STP Distributors OOCL Dedicated to C2 wa Se»*vice JARIMNE SHIPPING AGENCIES (NEW CR NO IS 3242H*****C) 200 Caotonrnwit Road #12-06 Southpwnt. Singapore (SOI Td *****11 TELEX NO RS 241/9 TERMINAL/CFS T«< *****11 220 BOOKINGS T«l *****34 235 PESAKA JARDINE SHIPPING AGENCIES SON. BMO PORT KELANG TEL 3C***** Tatoi
      783 words
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      Page 21 Advertisements Column 2
      70 21 r l mm INDIAN pom will have to gear themselves to handle about 160 million tonnes of additional cargo by the end of tht century, In the wake of the now economic climate prevailing In India over ihe last few years. Page II THE New Zealand Shipping Corporation Is continuing
      70 words
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      Page 21 Advertisements Column 3
      804 21 > TIMES STP Distributors This MM MARCHES M Closing Tim* CY 14ft 0700 MRS CPS 1M 2100 HRS 6ft J */3 Oft IV3 I 15/3 i«f] 20T3 22/3 Zin 2« 30/3 V 4 6/4 13/4 14/4 20/4 27/4 DESTINATIONS inaaianociap 14/3 IV3 17/3 H/3 I 10/3 21/3 22/3 24/3 25ft
      804 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      483 22 u Hapag-Lloyd CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG LONOON EXPRESS HAMBURG EXPRESS KURAMA MARU BENALDER BENAVON CONV/SEMI-CONTAINER SERVICE TO MED EUROPE BREMERHAVEN 27/3 30.3 Agents Singapore *****00 Bookings *****08 CFS *****48 Fax *****39 K. Lumpur *****25* P. Katong *****10 CFS *****50• Panang *****7, *****2 A Transport TRANS PACIFIC SERVICE
      483 words
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      Page 22 Advertisements Column 2
      85 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. S7 CSAV Corrpanui SudAmcricjrtj dcVjpcres Si Cfi'CJri Lin? EXPRESS SERVICE TO/from CHILE LR I S PORE I MOTHER VESSEL HK Y0«0 ARICA IQQ ANTOTVALP SAI feeder spore wm* vissu VCSSCL CSAV t 17/1
      85 words
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      Page 22 Advertisements Column 3
      750 22 I 1 °7w&Y oJ S r> w -KIL r _S2 TOFUROPF (V,A FUDtR) CUHUPC PEN PW. SIN SOU ROT ANT HAM NOR ASIA PEARL VH3I-3 16/2 17/2 22/2 19/3 21/3 23/3 23/3 NOR ASIA PRINCESS VH32-3 2/3 38 40 2*3 SB fk ft NORASIA SUSAN VHU-3 9/3 10/3 12/3 M
      750 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1023 23 A>\V3 S3 The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINEN' i*j u/t no an on am *m am vm am am vm tm am mm am am am mm mm (£Ol OtyM mm vm mm mm um am
      1,023 words
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      Page 23 Advertisements Column 2
      736 23 APPOWTMENT MANAGER FREIGHT FORWARDING American Multi-national and leading transportation company in region seeks a Manager for it's Singapore-based freight forwarding subsidiary. A successful business for over 15 years we are embarking on a major expansion into new facilities that will provide the successful candidate with fantastic opportunities for personal growth
      736 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      506 24 iHSINOSE MARITIME PTE LTD El ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRAN MEEAO PJL «S IRAN TAKHTI PJI (73 Si np port Loading for: ETA 1/2 BANDAR ABBAS HA \ik BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE ■OTHER VSI S PORE HK LOAD FOR: KYOWA HIBISCUS V.3S— 1/3 VILA. NMA.
      506 words
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      Page 24 Advertisements Column 2
      815 24 HANJIN SHIPPING CO., LTD. Fl'l.l V CONTAINERISED SERVICE TO EUROPE VIA SUEZ FROM EUROPE VIA SUEZ KOREAN CHANCE ttC NUMBER MIDGE IE CHOYANC SUCCESS IE HANJIN ROTTERDAM IE VESSEL WONSBON 44 L* Htwt Fitowt R'dim Hhif| B'tarw Sport 23/1 24/1 14/2 m mi 21/2 11/2 12/2 6/3 24/2 26/2 2W3
      815 words
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      Page 24 Advertisements Column 3
      141 24 □OIUGNAIVIA L.IVUE SINGAPORE GLORY VTO BUSAN GLORY Vfß MAI YINC VW MALAYSIA GLORY VMS RAGNA VK SPORE P KELANC PCNAMi u r«b 17 F* au a f* u ftk if* v r* 2Mir 3 M»r 4 Iter llbr IM*r U Iter SINGAPORE Loadii 21 FEB INCH* ALTAIR 21 FEB INCHoV
      141 words
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      Page 24 Advertisements Column 4
      884 24 mm t 'w rui i ii rm\ m' ntamfi' Servict CVCH GATHER EVER GOVERN EVER GARDEN EVER GROWTH EWR GRAND IVU GREET ALSO ACCEPTING CARGO TO: d E Bou F& CAR IB /U SE URO/ F E) T,m ifS S2 i 2 S5 Jfi nm vm mm mm ■5 Mfll
      884 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      935 25 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel *****33 MAI QUAMG AH(T QOWA FAR EAST CONTAINER SERVICE R SMS SM 11/1 1M MM 37M nn nn an mm ACCCPTMQ MURUftAN/TOMAKOMAi/HfTACHI CAJMO SIN NKO KAO UI VOK NOO KO« MM ma *if> un nn in v* an
      935 words
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      Page 25 Advertisements Column 2
      602 25 \rm BEN LINE VLU, CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT no* HAH riMVCN ROM HAWK W M W M W> IP W 10 IKS UO I*l vn ao ao nn ao aa no an Hi an vn m wi an am on an on m i* v« M ;/< w
      602 words
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      Page 25 Advertisements Column 3
      501 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOTQ P.T. 6ESURI LLOYD P.T. SAMUOERA INDONESIA P.T. TRIKORA LLOYO EXPRESS SEMI CONTAINERSMP SERVICES SINGAPORE tO EUROPE vsL/vor m ANTWERP H'BURGJ ROAM/ADAM BREMEN ROAM/ADAM BREMED 1/4 V 4 2M W S. PANJANGffIWB MATARAM/23W8 Port SaM, Port Alexandria. Oino», TrtooO*. AUO ACCEPTING BOTH
      501 words
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      Page 25 Advertisements Column 4
      318 25 BOUSTEAD SHIPPING AGENCIES pagan rami pa-an via* HTONEYWA V244W BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Ktlang Penang Bang 13/15 Fab liA 'A'iZiia£!tiJLLiLia: SPORE ROAM HULL TAUSALA SAMOA VI4N IS/2 17/3 27/3 21/3 MORAYBANK V7N 27/2 27/3 M Tl I CLYDEBANK V2SN 3/3 4/4
      318 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      790 26 US KAWASAKI KISKN KAISHA. I,II). K l INf N. AMERICA-ATLANTIC COAST UUKMII VOY NCPTUNE JADE 17 H. BRIDGE VIE/0. FORTUNE 13 a FAIR Vl3/AMBASSADOR BRIDGE 21 NEPTUNE GARNET 19 PK/PNG SGP NEPTUNE JADE ORIENTAL FAIR NEPTUNE GARNET ORIENTAL FREEDOM > VIA FEEDER FEEDER VESSEL NEPTUNE J ADC NUMBER BRIDGE ORIENTAL
      790 words
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      Page 26 Advertisements Column 2
      570 26 C.R. No. **********0 W AUSTRALIA EXPRESS CONTAINER SERVICE fcurcx. ConMmra Swfioort P K«tan| Nnanf Laa<iag tor •tot* v* Br fmtK F«te KAIIOAS *41 9 M*, < da' < Mar Fr«m/IMySr*vA<M TULSIDAS ¥.40 1 Apr K Mar Iter FrwiAMb/Sf*vAM ML I OAS 2 Iter 21 A|> a Apr frwv«Mb/Sr*VAM TULSIOAS *.41
      570 words
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      Page 26 Advertisements Column 3
      582 26 GOLDEN LINE GUftN GUAN SHPPING (PIC) LID a. T«M AfW StrMt SINGAPORE 0104 T(L 0104 TEL: SMHM (M LIN(S) fm U4SM STRAITS/PERSIAN GULF SERVICE: 80UXN «ONOC> CatanMKincMMw GOLDEN HAVEN CatMta/KaradH/DHtai CHINA SERVICE A VESSEL Hmm^H/ S'por* PKi w CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA AN6 JIANG
      582 words
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      Page 26 Advertisements Column 4
      481 26 I>Hlll Oni€NT UN(S PTC LTD HEAD Off Cf 63 AOBINSOS ROAO •o*-1? AFRO-ASIA BUILDING SINGAPORE OtC5 TELEX RS ***** PHILI f A< 225*5 UJ'.fcJ' H-B ETA SINGAPORE I DESTINATION H.KONC. KOBE. TOKYO KEEL IMC KAONSIUNC MANILA. BANGKOK I BUSAN JAKARTA COLOMBO, KARACHI. BOMBAY. MADRAS. CALCUTTA NEW GENTRADE 11*2 EAST/WEST AHUCA/MB.
      481 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      779 27 Ajents S port MEPTUNE AGENCES PTE. LTD. Bookine Bookings in«ard/ Twminil CFS iSSSf* EU/AUST TPA/StA Outward *****22 *****53 27WW7 *****53 *****42 *****44 *****19 *****11 *****16 *****41 NEPTUNE NEPIMI SOW BHD PMtanf 36M37 261 Lumpur >***** < dahru *****5 *****0 ttTCCO *****! *****1 *****2 EXPORT IMPORT VBSBKL/VOY O. Fortune 13E N.
      779 words
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      Page 27 Advertisements Column 2
      254 27 9f OOWAA* HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. KEELUNG. BUSAN. INCHON 1 Vessel's Nmw ETD BS S PORE PKL6 KEE BUSAN MOJI NO 9 DON AM/901 N 31/01 In Pert 13-IMC 23-23/02 »21/ IB 27/B •NO I DONAM/902N OS/IB 15-17/02 14-19/02 27-27/82 05-07/03 OMB
      254 words
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      Page 27 Advertisements Column 3
      242 27 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) _U r PORT KELANG PENANG BANGKOK HON6 KONC CHINA KAOHSIUNG KEELUNC COLOMBO BOMBAY MAMAS TOKYO KOM NAGOYA YOKOHAMA JAKARTA 11/2 ft lft/2 11/2 ft 11/2 12/2 ft 14/2 11/2 ft li/2 11/2 ft 11/2 14/2 ft 21/2 14/2 ft 21/2 jnpßH 112
      242 words
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      Page 27 Advertisements Column 4
      859 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PCNANG P. KEIANC MESSRS MAI THONC SHIPPING 127 PtnangStrcrt. ftntnt KWaysa M/S HANDLING SYSTEM CO SON MO
      859 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      296 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 (34 Laws) FAX *****39/*****/6 TELEX RS ***** A/B SSCMA RS ***** A/B SSCAO r DSR-LINES i VEB PEUTPRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE TIA UUBWa ACCEPTING CARGO FOR UMASSOL, BEIRUT,
      296 words
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      Page 28 Advertisements Column 2
      92 28 T.SK. LINE WfcEKIY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAI TO TAIWAN ft JAPAN □rrjzrsß™ E® QB E9 d LIB tul LJI C 3 LJI CONTINCNT VU KABUKI VU HIMKS ACC VU MAKUSAN II V 3 CONTINCNT VU KAtUKI Vl» HCMKS ACC VU FROM JAPAN TAIWAN i m r"Ti lv.-M 1:0:
      92 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      161 28 i-.id 4 j t Regional Weather I M I Sf K VV SB Si to ri £3 K cV! li. <k SIGNIFICANT WEATHER AND SEA CONOITIONB AT 7.30 A.M. Feb 10,1009 C o Wind (tufdion »4ti spf»d n hnoH LtGENO R Temper otvxe c y Shower Weather Wnd d»«lion «nth
      161 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1032 29 FARGO SHIPPING Tei:as4aiaa > f> REGULAR EXPRESS FCL LCL SERVICE DESTINATION ETA SINGAPORE F VlCi .<• PORT KELANG (FCL) HONG KONG KEELUNG, KAOHSIUNG JAKARTA (FCL) TOKYO, KOBE, BUSAN (FCL) KARACHI, BOMBAY. COLOMBO (FCL) JARU BHUM PIYA BHUM SIRI BHUM 14/2. 3/3 14/2, 2112, 21/2, 7/3. 14/3, 21/3 12/2, 19/2, 26/2
      1,032 words
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      Page 29 Advertisements Column 2
      732 29 COMPANIA CHILENA DE f J *7 INTEROCEANIC A IA (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE Ml IQUIQUE VALPARAISO STO DIRINCO 4/4 M I(V< CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Apnt: NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71, *****65 AL mmmm SHIPPING xs/M, JDB Q/ti
      732 words
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      Page 29 Advertisements Column 3
      113 29 <m > CRYSTAL TCKSHTJ»WICES_ TD ***** M Tic ***** CFSM FAX. ***** M BOOKING: *****22 DMECT SERVICE TO DARWM/PT. HEDCANO*/BROOME* AcMpOng Br>« fctidfc. HMvy-NR, Container 6 RO/RO CargoM I'lßWi "J J J ha/itd rroni n/* f* rro dmmm i». jjjgjf CTA/CTD STOtf lilt Mar CTD QAftWIN a Wm MMKMAM MY
      113 words
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      Page 29 Advertisements Column 4
      236 29 r UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 Q IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT MV ALKINDI MV SINO6AO EAST BOUND SERVICE ETA S PORE LOADING FOR 15/2 Japan WEST BOUND SERVICE IIV2 UM Qasr/Batrah/Batfwtad i Otto Arabian Gutf Ports THROUGH B/U to BAGHDAD
      236 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      579 30 FINE-LINER SHIPPING PTE LTD .1 /U Shenton Wiy 04 02C Mirini House S pore 020 TEL: *****77 (i Lines) TLX RS 22W1 FIINER FAX *****56 EUROPE SERVICE (FCL LCL) un ufi an m w nn on on un y IS FAR EAST SERVICE (FCL LCL) MIDDLE EAST SERVICE (FCL LCL)
      579 words
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      Page 30 Advertisements Column 2
      671 30 ZIM FULL CONTAINS* SERVICE Kceptmf FCL/ICL cargoes to USA East i Wast Coitt. Carnbbaan.East Canada HAITI Carta Rica, CI Salvador. Guatemala, Honduras. Vanetuaii. Paru. Ecuador. Catomtoa via Miaed. Trinidad. Barbados. Anticua. St Lucia. Montsarrat, Guyana via Kinpton T^M7TMTvM'TM t T» -U AUSTRALIA CONTAINER SERVICE ZIM KOPER 21 a ZIM KAOHSIUNC
      671 words
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      Page 30 Advertisements Column 3
      313 30 -PV THROUGH BILL OF LADING TO FINAL DESTINATION. Nnang* P. KMa** S<n(>poo HUGH EVERETT Grtn.KWU Fsfc am "EVERETT ORIENT LINE" JAPAN/BAY OF BCNGAL/iAPAN SERVICE LOADING FOR YOKOHAMA, KOBE. NAGOYA, MOJI, TOKYO AND OTHER JAPAN PORTS* ALSO ACCEPTING CARGOES TO PUSAN* HONGKONG*, OAVAO* AND TO OTHER REP. OF PHILIPPINES PORTS* Pfcitsfif*
      313 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      268 31 SOUTH ASIA/MIDDLE EAST/PAPUA NEW GUINEA/SOUTH PACIFIC CHITTAGONG 16/2 BOMBAY COLOMBO 18/2 PORT MORESBY TBA KARACHI 17/2 OTHERS TBA UNITED STATES OF AMERICA EAST COAST WEST COAST GULF EAL TEL: *****77 TLX: RS ***** SANFE FAX: *****21 Seabrfctafe INTERCONTINENTAL LINES jeuro mmimtm services SEABRIDGE EUROPE 8 SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE
      268 words
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      Page 31 Advertisements Column 2
      159 31 INTERTEAM I ftW IT 4 ;T:i ;T:#.*¥.* .*VI LCL CONSOLIDATION TO:HONG KONG/CHINA KEELUNG/KAOHSIUN6 14/2 14/2 18/2 18/2 14/2 14/2 14/2 18/2 18/2 11/2 INTERTEAM SHIPPING AGENCIES PTE LTD TEL 225 2827 (10 LINES) TLX ***** FAX 225 7230 Consolidation Service PAPUA NEW GUINEA SIN: 28/2 PT MORESBY/LAE PACIFIC ISLANDS SIN:
      159 words
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      Page 31 Advertisements Column 3
      482 31 ommwno transportation <m> ltd WEEKLY LCL/FCL SERVICE HONG KONG. ALL CHINA PORTS 12 FEB KEELUNG. KAOHSIUNG 14 FEB BUSAN 14 FEB TOKYO. KOBE 11 FEB CHITTAGONG 11 FEB DUBAI 18 FEB SYDNEY. MELBOURNE 10 FEB BRISBANE. ADELAIDE 10 FEB FREMANTLE 13 FEB •ALSO ACCEPTING CARGO REGULARLY TO ALL EAST MALAYSIA
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      553 31 TU'i.lV-Mr'X TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SP PKL PN BLW KAON GLORY St LA TAN VIII Voy M 4/2 GLORY St LA TAN VI V«y M 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
      454 31 PTC CONTAINER LINES FCt LCI SERVICE SIN FAB FAIT 12/2 KEELUNG/KAOHSIUNG 17/2 BANGKOK 13/2 MANILA 18/2 JAKARTA 15/2 PORT KELANG/PENANG 14/2 BUSAN 14/2 TOKYO/YOKO/KOBE 14/2 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai 18/2 RDM/HAM/ANT/LE HAVRE/GENOA 18/2 LDN/FLX/LVP/SOU 12/2 L.A./NYC/SFO 12/2 VANCOUVER/TORONTO/MONTREAL 2 i li.vr.Ti.iv fjj.'rv 19/2 SYO/MELB/ADEL/FREM 16/2 AUCKLAND/WELLINGTON
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      422 32 Hai Sun Hup Co (Pte) Ltd 'Kl *****06 (20 Ones. *L< H$ ***** i RS 206/2 INTERMARITIME SOUTHERN AFRICA SERVICE 'Abo cam EX a Pi. GENERAL AGENTS: MAI SUN HUP CO. (PTE) LTD. PORT KELAMG PENANG KUALA LUMPUR I TIL' 3WWM TEL: ÜBM TEL: *****0 ACENTT KOTA KINAtALU JAKARTA tel.-
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      Page 32 Advertisements Column 2
      429 32 YANG LINE FAR EAST/EUROPE FULLY CONTAINERISED SERVICE WESTBOUND Sf> LH HANJIN HASAN 47W l«/ 2 1/3 QUEENSWAY BRIDGE 7W 4/3 22/3 CHOYANG PARK 1W 110 *1 HANJIN OAKLAND 1« 11/3 V* Alto accaptfn« lor Inland UK dwtiiuUwM Artwwf EA3TBOUWP SPORE OOCL DOMINANCE IE W KOREAN CHANCE «E 14/2 NUMBER BRIDGE
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      Page 32 Advertisements Column 3
      346 32 is P.T. MASKAPAI PELAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA 1 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****77 THAILAND SERVICE GENERAL AGENT: SINGAPORE NEPTUNE AGENCIES
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      Page 32 Advertisements Column 4
      662 32 v -u «si CALL US AT: P. KELANG PENANG J. BAHRU P GUDANG SINGAPORE K. LUMPUR *****53/*****U M-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER <*•' 1811 'ViMI iT7T ft-tt rm rvr rrr a iVi' tf'iirTl i.'VVrf :^i^ i t
      662 words