The Business Times, 16 February 1989

Microfilm: NL16473
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, FEBRUARY 16, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    244 1 Dow Jones higher WALL STREET stocks turned higher in early trading yesterday after a soft opening as blue chips recovered early losses. The Dow Jones index was up six at 2,287. News of a slightly lower than expected figure for January industrial production helped ease concern that
    244 words
  • Article
    Material Handling gets Sesdaq go-ahead
    512 1  -  By CHUANG PECK MING MATERIAL HANDLING Engineering Re Ltd, a local company in the automation business, is the first to be given the go-ahead for a listing on Sesdaq in the Year of the Snake. The size of the offer and its price are still
    512 words
  • Article, Illustration
    Local shares recover some ground
    237 1 THE BINQAPORE stock market recovered from two days of sharp losses to end slightly higher after a see-saw session yesterday. The Straits Times Industrials Index managed a small gain of 2.39 points to 1,122.56 while the Business Times Composite Index finished 1.74 points higher at
    237 words
  • Article
    Property market hits high occupancy rates
    534 1  -  Warehousing emerges as star performer in survey By LEE HAN SHIH JUDGING BY occupancy rates alone, the property market has never been in better health since the early 1980s. According to Ministry of National Development (MND) figures released yesterday, three of the six major
    534 words
  • Article
    Heavy selling brings Aussie currency down
    122 1 THE AUSTRALIAN DOLLAR fell more than one US cent in Sydney yesterday on heavy selling ahead of the January current account figure due today. Dealers said there were reports of heavy central bank selling, which pushed the Aussie dollar down. The Australian currency recovered
    122 words
  • Article
    Rafidah begins S'pore visit
    114 1 MALAYSIAN Trade and Industry Minister Datin Pad like Rafidah Aziz arrived yeaterday for a four-day visit which the Ministry of Communication* and Information said waa part of an exchange of official visits to promote bilateral relations. Datin Paduka Rafidah was received by Miniater for Communications and
    114 words
  • Article
    Five oil majors to join Simex as commercial associates
    407 1  -  By UEONG WEN WAH THE Singapore International Monetary Exchange Ltd has approved applications from five major oil trading companies and 31 individuals to trade in its new fuel oil futures contract to be launched on Feb 22. The five companies which
    407 words
  • Article
    GPCs urged to debate important bills publicly
    417 1 IMPORTANT BILLS should be debated publicly by government parliamentary committees (GPCs) before being sent to Parliament for the second reading, suggests Lim Boon Heng. In a commentary to the latest issue of the party organ Petir, Mr Lim, PAP Member of Parliament for
    417 words
  • Article
    BG Lee elected to new party post
    240 1 BRIGADIER-GENERAL (Res) Lee Hsien Loong has been elected to a new party post, that of second assistant secretary-general of the People's Action Party's Central Executive Committee (CEC). Members of the CEC, the party's policy-making body, were elected by party cadres on Jan 8,
    240 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      134 1 Cassette Receiver D Senes FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone, *****22 Kuata Lumpur: Phone. *****33 Panang Phone. *****5/*****1 Jakarta: Phone; *****5 SWXXMHX) 88 cash prizes must be won with OUB's Housing Loan Low Rates Free legal Fees Free Valuation No Processing Fees Up to 100% Financing. Bridging
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      0 1 \<+^}:>.[$/@[)%}\<`\"`+!<'\']~@
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      210 1 Editorial Comment 10 A breath of fresh air Philippine economy 10 A renewal of confidence Hlromasa Ezoe 11 Man at the heart of a scandal Business prospects 2 Confidence among industrialists Recruit scandal 3 Two more executives arrested US trade deficit 4 Fall of 20pc likely European short-term rates 7
      210 words
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      Page 1 Advertisements Column 4
      44 1 I* Itt i9l 11 vi g u v •>. *vr- r -4 1 4 v \Z j tSi 1 A B 5 7 6 A ■> J Tii s W/ mm V J® V' ■y X V r > fit VN £s '.'f V Xa *55 MM
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  • HOME NEWS
    • Article
      More expect a better first half
      268 2  -  ECONOMIC DEVELOPMENT BOARD SURVEY By WILLIAM CHIA INDUSTRIALISTS who are confident of better business in the first half of this year outnumber those who take a more pessimistic view, according to an Economic Development Board survey. While 23 per cent of those surveyed expect
      268 words
    • Article
      Services sector generally optimistic about business prospects
      297 2  -  By SHOEB KAGDA A MAJORITY of firms in the services sector expect business in the first half of this year to remain at the same level as the second half of last year. The Survey of Business Expectations of the Services Sector for
      297 words
    • Article
      Rosemount pumping $5m into new plant
      463 2  -  By TAN KEE WEE ROSEMOUNT SINGAPORE is to invest $5 million in a new threestorey building and plant in Ang Mo Kio. When the building, which will provide 50,000 sq ft of floor space, is completed within a year it will house all Rosemount
      463 words
    • Article
      Domestic textile exports hit $1.97b last year
      272 2 DOMESTIC exports of textile and garment products last year hit $1.97 billion 19.8 per cent more than in 1987 despite lower growth in demand from America, the main export market. These figures were disclosed yesterday by Cheng Wai Keung, president of the Textile
      272 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      326 2 JAMES A CARTER Jr has been appointed managing director of Alexander Stenhouse Pte Ltd. Mr Carter has 10 years of experience in the insurance industry with specialist experience in risk management consulting, petrochemical, oil and gas. He began his career with Alexander Alexander in 1982 and in
      326 words
    • Article
      'USSR lacks economic clout for effective East Asia role'
      299 2 THE SOVIET UNION'S efforts at playing a greater peace-making role in East Asia have often been ignored by countries in the region owing to its low economic clout, Soviet Ambassador Anatoli Drioukov said yesterday. In a candid assessment of Moscow's foreign
      299 words
    • Article
      Sidek leaves for Manila meeting
      48 2 THE Senior Parliamentary Secretary to the Minister for Education, Mr Sidek bin Saniff. will be attending the sth Asian Parliamentarians' Meeting on Population and Development in Manila. The meeting will be held on Feb 17 and 18. Mr Sidek leaves for Manila today.
      48 words
    • Article, Illustration
      Linn In Hua re-elected SCCCI president
      371 2  -  By WILLIAM CHIA AT THE ELECTION of office bearers for the Singapore Chinese Chamber of Commerce and Industry's 45th Council yesterday, Linn In Hua was re-elected president for another two years. The council members who were present voted Tan Eng Joo and Leong Heng
      371 words
    • Article
      Be more flexible towards Hanoi, government urged
      411 2 THE GOVERNMENT Parliamentary Committee (GPC) on Defence and Foreign Affairs wants Singapore to be more flexible towards Vietnam in view of current developments on the Cambodian issue, Petir reports. "We should not be seen to be too strident, nor should we behave like
      411 words
    • Article
      Don sees need for govt to tell more about the communist threat
      316 2 THE DIFFICULTY in convincing younger Singaporeans about a communist threat has prompted a university don, who is also an MP, to urge the government to say more on the topic, even to schoolchildren. Or Ong Chit Chung, in
      316 words
    • Article
      'More should be done to train older workers'
      260 2 EMPLOYERS SHOULD DO more for the training and re-training of older workers, said unionist Goh Chee Wee yesterday. Mr Goh, assistant secretarygeneral of the National Trades Union Congress, was addressing union members at the launch of a worker's training booklet at NTUC
      260 words
    • Article
      Reflections of Singapore's history
      190 2 TWO PHOTOGRAPHY exhibitions on Singapore's culture and history "On the Road to Singapore" and "The Heritage Hunt Exhibition" will be held this week-end. "On the Road to Singapore". jointly organised by Agfa-Gevaert SEA, the Goethe-lnstitut, Lufthansa German Airlines and Schmidt Scientific, will be held at the
      190 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      83 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day *\7 w\ L\\ \\\\l tA\ Ml' JLW Investments FOR SALE BY TENDER BUNGALOW DEVELOPMENT SITE Site Area: 12,228 sq.m. Planning approval for 8 units of double storey bungalows Tenure-freehold Closing Date: 16th March 1989 at 3.00pm For enquiries and more
      83 words
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      Page 2 Advertisements Column 2
      48 2 INDUSTRIAL SPACE FOR SALE Land Area (sf) Built-in (sf) TUAS CRESCENT 117,597 11,253 (Suitable for marine-related industries) GUL STREET 14,800 15,500 (Extended intermediate T4 standard factory) KALLANG JUNCTION 19,725 13,980 (With 6 coldrooms and 2 chillers) Sole Marketing Agent: W DEBENHAM TEWSON CITY VALUERS PTE LTD *****79 *****84
      48 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Campaigners attack Bhopal compensation as a sellout
      501 3 Reuter SEVERAL civilian groups in India have denounced the settlement under which Union Carbide has agreed to pay Indian victims of the world's worst industrial disaster US$47O million in compensation. Campaigners for the survivors have denounced the settlement as a sellout. "This settlement
      Reuter  -  501 words
    • Article
      Lock icon Two more Recruit executives arrested
      355 3 Reuter PROSECUTORS yesterday arrested two more executives of the Recruit group at the heart of a share scandal that has rocked Japanese government and business in recent months, NHK television reported. The television report said the managing director of the Recruit parent company, Shunjiro Mamiya,
      Reuter  -  355 words
    • Article
      Lock icon US immigration bill aimed at keeping Asians out, says group
      490 3 AP A DEFENDER of immigrants rights in the United States has charged that a bill co-sponsored by Senator Edward M Kennedy aims to reduce the number of Asians entering the US because they are "too successful and too competitive". Stanley
      AP  -  490 words
    • Article
      Lock icon Tokyo and Oslo still most expensive capitals for visiting businessmen
      163 3 AFP TOKYO AND OSLO are still the most expensive capitals in the world for visiting businessmen, according to an annual report published in London covering "Employment Conditions Abroad". The report, published by a nongovernmental British trade association, shows that London
      AFP  -  163 words
    • Article
      Lock icon Son of late Shah calls for popular revolt to overthrow Khomeini regime
      314 3 Reuter THE SON of the late Shah of Iran on Tuesday called for a popular revolt to overthrow the Islamic regime of Ayatollah Ruhollah Khomeini whom he accused of showing "no respect for human life". He also said
      Reuter  -  314 words
    • Article
      Lock icon Direct foreign investment in South Korea at US$1.28b
      219 3 UPI DIRECT foreign investment in South Korea during 1988 totalled U551,282.7 million in 342 projects on an approval basis, official statistics filed by the Ministry of Finance showed on Tuesday. By industry, the hotel business drew the largest investment with U*****.9 million
      UPI  -  219 words
    • Article
      Lock icon Population of Hongkong estimated at 5.7 m
      80 3 AFP HONGKONG'S population was estimated at 5.7 million at the end of December, 1988, the Hongkong Census and Statistics Department said yesterday. The department said the estimated population of Hongkong at the end of December 1988 was 5,736,100. an increase of 77,300 people
      AFP  -  80 words
    • Article
      Govt, rebels still differ on autonomy for Mindanao
      835 3  -  By HARISH MEHTA THE Philippine Army has stopped attacking the Muslim guerillas in Mindanao in the hope that the war will wind down after a bill granting autonomy to the long-troubled region is passed by Congress by the mid-March deadline, said MajorGeneral
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      34 3 Take a break... at the pool Work-out... at the uvm r////< i Relax... with a massage or at the sauna or steambath. Free parking TV lounge cum reading room Room service available FITNESS CENTRE
      34 words
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      Page 3 Advertisements Column 2
      203 3 ManuLife's (Jifl of el lifetime! Qnepimiim secures yourcMds fimn(M future j If you invest $10,000 at your child's birth, he will have a policy worth $274,542 in cash and $545,664 in death benefits at age 60. With $35,000, he would be worth over 1 million at age 60. It's a
      203 words
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  • REST OF THE WORLD
    • Article
      Lock icon 1988 US trade deficit fall likely to be 20pc
      482 4 Pace difficult to sustain, say analysts Reuter A REDUCTION of about 20 per cent in the 1988 US trade deficit is likely to be reported by the government tomorrow, trade analysts say, but they add that it will be difficult to
      Reuter  -  482 words
    • Article
      Lock icon US retail sales rose o.6pc in January
      374 4 Reuter US RETAIL SALES, a key measure of economic activity, rose by an unexpectedly healthy 0.6 per cent in January, but December's showing was weaker than previously reported, the government said on Tuesday. Sales in December, generally the busiest shopping month of the
      Reuter  -  374 words
    • Article, Illustration
      Lock icon Central American leaders agree to expel Contras from Honduras
      510 4 UPI FIVE Central American presidents signed an agreement on Tuesday that will expel the USbacked Contra rebels from their bases in Honduras as part of a plan to end the fighting in Nicaragua. Both Nicaraguan President Daniel Ortega and Contra leader
      UPI  -  510 words
    • Article
      Lock icon IFC to invest US$200m in Mexican companies
      164 4 AP i THE International Finance Corporation will invest at least US$2OO million in private Mexican companies by the end of this fiscal year, primarily to refinance individual foreign debt, an official of the World Bank affiliate says. "Not only does the Mexican government
      AP  -  164 words
    • Article
      Lock icon Higher W German inflation forecast
      197 4 Reuter INFLATION in West Germany, the economic powerhouse of Western Europe, could be well above official forecasts this year, economists said in Bonn earlier this week. Price statistics released on Tuesday showed the country's inflation rate could hit 3 per cent compared with government forecasts
      Reuter  -  197 words
    • Article
      Lock icon 'EC policy on firms in S Africa working'
      320 4 Reuter EUROPEAN Community foreign ministers said on Tuesday that an EC code of conduct for companies in South Africa was helping to improve conditions for black workers there. The ministers said in a joint statement after a meeting in Madrid that they
      Reuter  -  320 words
    • Article
      Lock icon Warsaw attacks Solidarity over stance at talks
      401 4 Reuter POLAND'S Communist government on Tuesday stepped up a war of words with Solidarity, urging the banned union to change its approach to talks intended to reach agreement on solving Poland's problems. Government spokesman Jerry Urban said Solidarity was reverting to "slogans" it
      Reuter  -  401 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      882 4 ARRIVALS DEPARTURES Operator g —i— number Local tkn# From Operator Sorvfc* Local For ACA SU CPX GU GU SU MA SU GU PAl SU THA GU MAS GU SU SU SU RAW SU SU SU TMA GU SU SU THA CPX MAS MAS GU MAS SU SU
      882 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      59 4 FREEHOLD INDUSTRIAL DEVELOPMENT SITES *Y <+ 3 c lit IS -vm o 135 aw COLLIERS A# Tel: *****22 147/ A Kampong Ampat Singapore 1336 Site Area: 9,389.1 sq. m. (101,063 sq. ft.) Zoning: Industrial Plot Ratio: 2.5 71 Hill View Avenue Singapore 2366 Site Area: 2501.7 sq. m. (***** sq.
      59 words
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      Page 4 Advertisements Column 2
      37 4 The business person't choice every Tuesday. Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hour* and arming Heathrow early the following morning. Call your Travel Agent or Air Cirudi at 7i2t555. A BREATH OF FRESH AIR
      37 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      111 4 WzMIMttSmVINORttRTO HELPGEOR6E BUSH GET A HANPLE ON THE V&ION THING, PO DECLARE A J CARTOONISTS 'HONEYMOON HJEEK' 1 MP PLEDGE TO ABSTAIN FROM 0 RJPICUUNG THE- PRESIDENT FOR NO LESS THAN SEVEH PAYS. 1 amr^w may AND A LOT OF OTHER GUYS. UOOUJ... ALL OF you ARB REALM GOING TO
      111 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      184 4 \£ML v/S' Adelaide Amsterdam Athens Bahrain Bangkok Barbados Max/ Note Beirut Belgrade Berlin Bermuda Bonn Brisbane Brussels Budapest Buenos Aires Cairo Calgary Canberra Carocas Chicago Cop "ho gen Darwin Dublin Fronkfurt Geneva Havana Helsinki Hobart Hongkong Honolulu Mama bod ISTOODUI Jakarta Jerusalem Jo'burg Kiev K Lumpur Lima Lisbon London Lot
      184 words
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  • FOCUS
    • Article, Illustration
      Lock icon Attending Hirohito's funeral a touchy issue
      792 5 The funeral of Emperor Hirohito is on Feb 24. The articles on this page examine the issues foreign governments have had to consider in deciding whom to send for the funeral and the stringent security and other precautions the Japanese are taking to ensure
      UPI  -  792 words
    • Article, Illustration
      Lock icon Tokyo to spend USsl9m on security measures
      682 5 AP TO GUARD AGAINST threatened radical attacks, police are planning the strictest security ever in modern Japan for the late Emperor Hirohito's funeral. Police are chartering two blimps, questioning thousands of people along the funeral route in a search for terrorists and calling
      AP  -  682 words
    • Article
      Lock icon Stampede at Emperor Taisho's 1927 funeral
      633 5 Reuter THE LAST TIME Japan buried an emperor, 14 mourners were trampled to death and authorities were on guard against anarchists. As Japan prepares for next week's funeral of Emperor Hirohito, authorities are closely examining the events surrounding his father's funeral in 1927 for
      Reuter  -  633 words
    • Article
      Lock icon Emotional debate over Dutch representation
      802 5 Reuter FOR Dutch war veteran Rudi Mahieu, imprisoned and tortured by the Japanese during their wartime occupation of Indonesia. World War II has only just been won. He feels the end came last month with the death of Emperor Hirohito, a man he considered a
      Reuter  -  802 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      143 5 "Why is KLM always business connections?" "They want to be ready when you expand your business!' ■A •> when your business is on the move, you need an airline that keeps up. That's why KLM continuously expands its network offering flights to 138 destinations in 77 countries worldwide; with more
      143 words
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  • MONEY AND EXCHANGES
    • Article
      Government securities market
      113 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity HO OfFER HIGH LOW 3 months BQ*****V 18.05.89 3.54 3.49 3.52 3.46 6 months 6S*****N 20.07.89 3.89 3.84 3.85 3.78 1 year BY*****H 23.11.89 3.97 3.92 3.94 3.94 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      113 words
    • Article
      Forex markets
      1367 6 SINGAPORE: The US dollar remained under pressure yesterday, as the market toyed with the possibility of a Bush-Fed confrontation in the wake of remarks by the US President aimed against further monetary tightening. A Bundesbank rate hike now will heighten this perception. and the Fed's response to the
      1,367 words
    • Article
      Money markets
      62 6 THE OVERNIGHT rate on the Singapore money market rose by 3/4 point to close at 5-1/4 per cent yesterday. Short term rates were unchanged across the board. S$ Interbank rates at the close yesterday: OffH MO Overnight 5 1/4 5 1 month 5 5/16 5 3/16 2-mortfc S
      62 words
    • Article
      Asian dollar market
      206 6 ASIAN OOLLAR deposit rates ended slightly firmer in thin trading yesterday. US* omt WD 7 doyi 9 7/16 9 5/16 1 month 9 5/8 9 1/2 2 monrtit 9 3/4 9 5/8 3 monrttt 9 7/8 9 3/4 6 monrttt 10 1/16 9 15/16 9 mm 10
      206 words
    • Article
      Lock icon Simex
      471 6 Reuter Eurodollar futures closed lower on Simex yesterday compared with Chicago levels on profit-taking and liquidation in active trading. Sentiment was undermined by concern that the Federal Reserve may raise rates and its draining of reserves from the banking system when federal funds rate were trading at 9-1/4 per
      Reuter  -  471 words
    • Article
      Options
      1417 6 CURRENCY FUTURES OPTIONS Wodnotday, Fab 15, 1989 DEUTSCHE MARK (SIMEX) Mar 88 caN* Mar 88 pan Mad Law SaM High Law Saa SI CAS 33 3A 3 S3 1471 150 I0A 8 34 738 73 30* 28 S3 378 39 84A S3 M 88 10 14SA 143 57 3
      1,417 words
    • Article
      IMM
      235 6 Most IMM currency futures finished an active day sharply higher after major contracts ratcheted to fresh highs throughout the afternoon on Tuesday. Brokers said shortcovering drove up values on sentiment that inflation could force overseas rate hikes, thereby offsetting the negative effects of any corresponding rise in US interest
      235 words
    • Article
      Comex gold/silver futures
      192 6 Gold futures on Tues 14, 1989 100 troy ounce* US$ par Iroy our* Op#n High Low Feb 386 00 387.50 384 60 385.40 080 Mor 367.30 ■070 Apr ***** 391 30 387 80 389 00 -070 Juit 395 00 396.00 392.50 393.80 ■0.70 Aug 400.10 400.20 398
      192 words
    • Article, Illustration
      World interest rates
      174 6 12 mafor banks In B'por* Interbank market rates (offer/bid) on Feb 15 us$ DM SWFC Y«*1 7 «»r« 3/0 1/4 13 1/1* 12 13/1* 3/1* 3/1* 3 3/0 3 1/3 4 3/1* l/l* 1 0/1* 7/1* 1) l/l* 13 13/1* 3/0 1/4 3 3/4 3 3/0 4
      174 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      168 6 AUSTRALIA AN OPPORTUNITY OF A LIFETIME BUSINESS/ INVESTMENT SEMINARS Australia is looking for a special type of person to open up a lifetime of opportunity They must possess a track record of business success and must make a substantial financial investment in Australia. If you are such a person then
      168 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Liffe may use two automated systems
      478 7 Reuter THE London International Financial Futures Exchange (Liffe) may decide to use two separate automated systems to extend its trading hours, chief executive Michael Jenkins said yesterday. Liffe has developed its own Automated Pit Trading (APT) system and has held talks with the Chicago
      Reuter  -  478 words
    • Article
      Lock icon UK urged to cut number of primary dealers in gilt market
      495 7 Reuter THE BANK of England should require a minimum market share for primary dealers in the overcrowded British government bonds (gilts) market, Rudolf Mueller, executive vice-president of Union Bank of Switzerland said. Firms with less than 3 to 5
      Reuter  -  495 words
    • Article
      Lock icon Baker plans to sell shares to avoid conflict of interest
      436 7 NYT JAMES A BAKER 111 said that he had decided to sell his shares in Chemical Bank, and all his other stocks, to avoid any appearance of conflict of interest with financially related decisions he might make as US Secretary
      NYT  -  436 words
    • Article
      Currency board to stop public exchange service
      135 7 THE BOARD of Commissioners of Currency, Singapore (BCCS), will cease its currency notes and coins exchange service to the public with effect from March 1. A joint statement issued by BCCS and five local banks yesterday said the currency board will only deal
      135 words
    • Article, Illustration
      Lock icon Japan unlikely to raise interest rates
      222 7 Reuter JAPAN IS UNLIKELY to raise interest rates soon despite mounting speculation the US Federal Reserve and West Germany's Bundesbank are about to further tighten credit, senior traders at Tokyo banks, brokerages and money houses said. "Japan would only act when people rush to
      Reuter  -  222 words
    • Article
      Lock icon Tokyo studying off-balance trading disclosure
      100 7 Reuter THE Japanese Finance Ministry will look into whether it will require companies and banks to disclose off-balance financial transactions. It will study futures trading in currencies, bonds and stock indexes as well as currency and stock index option trading, which banks and companies are
      Reuter  -  100 words
    • Article
      Lock icon BOS(A) backs OCBC offer
      105 7 AFP BANK OF Singapore (Australia) Ltd recommended in Melbourne yesterday the acceptance of a ASSO million (US$44 million) cash bid by its parent OverseaChinese Banking Corporation Ltd. Bank of Singapore deputy chairman Michael Gleeson-White said in a letter to shareholders of the listed company that the
      AFP  -  105 words
    • Article
      Lock icon Bush restructuring plan for savings industry likely to meet resistance
      412 7 NYT THE BUSH administration, releasing a detailed outline on its US$9O billion plan to restructure the US savings industry, has mooted several new measures that are likely to meet with opposition. The measures would permit bank holding companies to buy
      NYT  -  412 words
    • Article, Illustration
      Lock icon European short-term rates continue to rise
      818 7 Central banks determined to stamp out inflation Reuter EUROPEAN CENTRAL BANKS, determined to stamp out inflation and bolster their currencies against a strong US dollar, may have started nudging short-term interest rates higher for the third time in eight weeks Economists on Tuesday said
      Reuter  -  818 words
    • Article
      Lock icon Norway urged to scrap currency regulations
      258 7 Reuter NORWAY SHOULD reopen its bond market to foreigners, scrap currency regulations and consider joining the European Monetary System, according to a report from a committee set up by the government to examine financial policy. The committee, headed by former finance minister Per Kleppe,
      Reuter  -  258 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      113 7 M O V A DO A 1 radii ion in t iincpieres con I in lies... 1 tit" Ksquire watches from Moxado. executed with time-honored detailing. A select ion of distinguished dial designs, some with sw rep second hand. day date, moil I h or t he phases of t
      113 words
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  • COMMODITIES
    • Article
      Local office gives top nickel producer 'total presence in Asia'
      471 8  -  By DEXTER LEE THE GRADUAL but steady shift of manufacturing operations from the US and Europe to Asia has prompted Inco Limited, the world's number one nickel producer, to set up an office in Singapore. Mr John P McGrath, marketing
      471 words
    • Article
      Lock icon KL to get tough on makers of sub-standard rubber gloves
      513 8 Bernama RUBBER GLOVE manufacturers who export products that do not meet specified standards and quality levels, may have their manufacturing licences withdrawn, Malaysian Trade and Industry Minister Datin Paduka Rafidah Aziz has warned. She said that projects that do not
      Bernama  -  513 words
    • Article
      Precious Metals
      373 8 HONGKONG: Gold closed lower in moderate trading with light selling orders from US and local investors yesterday. Loco-London gold ended at U*****.00/383.50 an ounce against an initial US$3B4 80/385.20 and compared with Tuesday's New York's close of U*****.25/384.75. On the local market, gold lost HK$27 to close at
      373 words
    • Article
      KL Tin
      190 8 CONTINUED TIGHTNESS and strong, mainly European, damand puahad tha Kuala Lumpur Tin Market prlca to a naw thraa-yaar high of M 521.32 a kg yaatarday, up 19 cants from Tuaaday. Tha small turnover of 62 tonnea agalnat 72 on Tuaaday waa aharad by Japanaaa and local intareata. Strong
      190 words
    • Article
      Rubber
      374 8 SINUAKUHC: Rubber prices ended higher with March 1 RSS buyer quoted at 216.50 cents a Kg yesterday, up four cents from Tuesday's close. Brokers said prices gained 2.50 cents in the morning session on light short-covering interest in quiet trade. Values rose further in moderate afternoon trading on continued
      374 words
    • Article
      RAS and MRELB
      275 8 RAS prices m s cmmq, fob m tat* B NOON CLOSE 8wy*rs Sol Ion Bwyors Sol ton Int 1 RSS Prompt 213.50 21 4.50N 215.00 216.00 Int 1 RSS Mor 89 215.00 216.00N 216.50 217 JO Int 1 RSS Apr 217.00 218.00N 218.50 219.50 mt 2 RSS
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    • Article
      SSR and SMR
      76 8 (cann/kg) MARCH 1989 APRIL 1989 (currant month) (forward month) RAS NOON NOON Ivytn S*«*m Ivytrt SSI 30 193.00 197.00N 195.00 197.00N SSI SO 193.00 19S.00N 193.00 195.00N MRELB luyan SMM by«n 5>Hti SMI CV 318.00 330.00N 320.00 322.00N SMI I 316.00 318 00N 318.00 330.00N SMI 5
      76 words
    • Article
      Produce Prices
      239 8 Chinese Produce Exchange Sellers' noon closing prices on Feb 15 (S$/100 kg) Coconut oil Bulk FOB 108.00 Old drum FOB 118.00 N«w drum FOB 122.00 Copra Mix*d (loose) 64.00 Pepper Moot ok whit* FOB NLW 735.00 Sarawak whit* FOB foq NLW 725.00 Sarawak special black FOB NLW 542.50
      239 words
    • Article
      London Markets
      258 8 London Commodity Exchange Buyer/Seller closing prices on Feb 14, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London Mar 1118/20 (1163/64) High/Low 1165/20 May 1098/1128 (1128/30 High/Low 1132/1096 Saks (4552) Cocoa Mar 859/860 (856/858) High/Low 862/852 May 876/878 (870/871) High/Low 883/865
      258 words
    • Article
      Lock icon Crude Oil and Products
      164 8 Telerate FUEL OIL PRICES were stable to soft on the Singapore market yesterday. Prompt CST-180 was still under some pressure due to limited storage available and uncommitted cargoes. A Japanese trader reportedly sold 30,000 tonnes of second half February CST-180 at US$6B.5 per tonne fob Sing
      Telerate  -  164 words
    • Article
      Palm Oil
      377 8 MALAYSIAN CRUDE PALM OIL FUTURES held steady in (airly active trading on the KLCE yesterday. Dealers said the bullish trend was partly due to firmer overseas markets. Some of them attributed the price hike to the lower than expected end January stocks which stood at 686,600 tonnes, as
      377 words
    • Article
      Soybean
      165 8 TECHNICAL BUYING in reaction to ideas Chicago Board of Trade soybean prices were too low pushed all months to a higher close on Tuesday. Gains were amplified throughout the session by light selling interest. Talk of higher offers for domestic soymeal and scattered talk of new export soymeal business
      165 words
    • Article
      Wheat
      157 8 WHEAT PRICES closed lower on a lack of new export business and as speculators bought corn and sold wheat on the Chicago Board of Trade on Tuesday. Wheat was lightly traded late in the session, with some traders reporting thin volume in the closing minutes. Losses in wheat narrowed
      157 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      115 8 WM 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 vou! mm w <+ v I
      115 words
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      Page 8 Advertisements Column 2
      133 8 TEXWIPE* REACHING OUT TO YOU IN MORE THAN ONE WAY THE TEXWIPE COMPANY the leader in cleanroom wipers, swabs, face masks and stationery is pleased to announce the appointment of their sole and exclusive distributors: ESCO SCIENTIFIC PRODUCTS (ASIA) PTE LTD 71 Loyang Way, Singapore 1750 Tel: (065) 542-0833 Fax:
      133 words
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  • ADVERTISING & MARKETING
    • Article
      Lock icon A picture is worth a thousand words
      435 9 Reuter A SUN-DRENCHED beach, packed with holiday-makers. A bison lumbers forward and defecates on the sand. A bottle of aftershave appears on screen and a voice says: "Bison". This bizarre sequence of images. described by a British advertising executive, could become typical of
      Reuter  -  435 words
    • Article
      Couture Publishing buys over rights to Wine and Dine
      344 9 RIGHTS to Wine and Dine, a bimonthly magazine on cuisine, have been bought over by Couture Publishing, a company set up by entrepreneur Ho Sum Kwong last September. Mr Ho was formerly general manager of Cheney Communications which publishes the upmarket
      344 words
    • Article
      Rediffusion in drive to increase membership
      297 9 REDIFFUSION, once the prime entertainment organisation in Singapore, has embarked on a drive to revive flagging membership for its broadcasting operations. The drive, which includes an increased emphasis on corporate advertising, hopes to win 10,000 new subscriptions over the next two years. In fact,
      297 words
    • Article, Illustration
      Award-winning fruity liqueur for the younger set
      406 9  -  By SUZANNE SOH A LIGHT alcoholic drink with a fruity taste. That's the Charleston Follies, the new liqueur which made its debut here last September. It is sold at Jasons supermarket. Daimaru and Sogo department stores. It is also available at the specialist
      406 words
    • Article, Illustration
      BJKE to expand its presence in Asia
      534 9  -  By GENEVIEVE CUA BUOYED by the growth of regional economies, New Yorkbased advertising agency Bozell. Jacobs, Kenyon Eckhardt (BJKE) has embarked on an expansion strategy in Asia. BJKE chief executive officer Charles Peebler, who was in Singapore earlier this week, expects to double
      534 words
    • Article
      Lock icon Why 7-Up Gold's recipe proves to be a flop
      588 9 NYT IT SEEMED like a sure-fire strategy for creating a new soft drink. Test the flavour to make sure people liked it, sell it under the brand name of an established product and back it with US$lO million in advertising. For
      NYT  -  588 words
    • Article, Illustration
      Lock icon Coca-Cola, IBM and Sony top consumer survey
      313 9 COCA-COLA. IBM and Sony have emerged in a survey as the top three brands in terms of consumer awareness, brand familiarity and esteem. The survey of consumers in the US, Japan and Europe was conducted by Landor Associates, an image management and strategic
      Source: Landor Associate  -  313 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      96 9 HERE WE GRCJWMJAIN! Our billings doubled last year, so we need another senior writer to share the load and fun of working at Singapore's fastest growing multi-national agency. You think concept before execution, and you're anxious to add more great things to a bag already overflowing with exciting ideas. Send
      96 words
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      Page 9 Advertisements Column 2
      300 9 CAREERS IN COMMDMCATIONS Our client, a leading consultancy in Advertising, Public Relations, Graphic Design, and Audio Visual, is looking for professionals to fill these posts: 1) ACCOUNT MANAGER This person will be a graduate In the late-twenUes, positive in outlook and selfmotivating, with at least four years of experience in
      300 words
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  • PERSPECTIVE
    • Article
      A breath of fresh air
      489 10 IN THESE four long years, the Bhopal disaster has been reported on broadly in two ways: as a legal odyssey, and as an abiding human interest story. With the settlement of the case this week, the two dimensions of the tragedy have been brought together.
      489 words
    • Article, Illustration
      Lock icon Manila's interest-ing economy
      1016 10  -  The Philippines has swapped terminal illness for a set of more manageable problems. Confidence is returning. But Manila is still dependent on cash transfusions, reports RICHARD GOURLAY. RICHARD GOURLAY FT AFTER 18 MONTHS of political stability, the Philippines economy, for years the invalid of Asia, is looking
      FT  -  1,016 words
    • Article
      The changing role of Parliament
      1141 10  -  By SEAH CHIANG NEE THE ROLE OF Parliament has, of late, been undergoing changes. There is now a new perception of this institution and Members of Parliament in general. First Deputy Prime Minister Goh Chok Tong had promised that Parliament, from this year on, would
      1,141 words
    • Article
      Lock icon West Germany tightens reins on exporters
      1072 11 FT SOME OF THE best brains in West Germany have for the past six weeks been working overtime to amend a set of export control laws which have failed to prevent an embarrassing association of West Germany with the chemical weapons industry. As yesterday
      FT  -  1,072 words
    • Article, Illustration
      Lock icon Ezoe: entrepreneur at heart of Japan share scandal
      642 11  -  By LINDA SIEG Reuter TO SOME WHO WORK for him. Hiromasa Ezoe is a man of creativity and energy, an entrepreneur par excellence. To others, he is an ambitious, nouveau riche man who engineered his own downfall by an overreaching grab for
      Reuter  -  642 words
    • Article
      Lock icon Housing crisis Down Under
      586 11 Reuter HIGH INTEREST RATES, skyrocketing urban land prices, sliding real incomes and a debt-ridden economy have created a nightmare for Australians trying to buy their first homes. The housing crisis in a country that has 50 hectares of land for every man, woman and child also
      Reuter  -  586 words
    • Article
      Lock icon Mixed reactions to the pen of ex-presidents
      820 11 AP THERE IS ample precedent for Ronald Reagan to make millions of dollars off his memoirs, but the money-making activity of former presidents is still a sore subject with many Americans. It was, in fact, a basis for Congress' decision more than 30
      AP  -  820 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      90 10 f Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way every Tuesday in BT BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, tennis, bowling,
      90 words
  • Page 10 Miscellaneous
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      256 11 SQ ÜBE'ilS? th»' in vi Vea* most out of yo«* the of th 'r s\ -V r SINGAPORE BUSINESS AN OFFER YOU CANNOT REFUSE! JANUARY WINNER: EDDIE LIM HUNG HUAT IC No: *****61/G Two more computer sets to be won one each in February and March '89 THE GIFT YOU
      256 words
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  • LEISURE
    • Article, Illustration
      Lock icon A whiff of immortality
      512 12 HORTICULTURE AP CHRISTIAN DIOR, Anna Pavlova and the Empress Josephine found immortality in the rose garden, but the honour for ordinary people of having a rose named after them requires luck and lots of money. For centuries, rose breeders have been naming new varieties in honour
      AP  -  512 words
    • Article, Illustration
      Enter the modest American
      914 13 TRENDS OVER THE NEXT 10 years, that most diffuse but powerful of currents taste will do as much as anything to shape the performance of corporate America. Firms that take it at the flood are led on to fortune. Those that don't are left deep-discounting last
      914 words
    • Article, Illustration
      Lock icon The show came tumbling down
      474 13 MUSIC UPI THE BRITISH rock industry hit a sour note when its nationally televised awards ceremony turned into a production shambles, but Phil Collins, Annie Lennox and Tracy Chapman still walked away with top honours. British music's big night at London's Royal Albert Hall was
      UPI  -  474 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      977 12 Where to entertain... Where to entertain... Where to entertain... Where to ONE GOOD REASON TO LUNCH AT THE FALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE OF MAIN COURSES PALM For between $26+ and $40+ l y° u can se ect f rom our appetiser vJInILL buffet
      977 words
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      Page 12 Advertisements Column 2
      388 12 The of the is backj Jimmy Chan returns You will be delighted to know Jimmy Chan is back at the Mezzanine Lounge with more sentimental evergreens. From 8.00 pm to 1.00 am. But before that, from 3.00 pm 7.00 pm. allow Anne Koh to soothe tired nerves with her velvet
      388 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      264 13 fr«. 9 t- V 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
      264 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      638 13 4 25 26 27 CRYPTIC PUZZLE ACROSS 1 Female cast oft and defeated (6) 7 An airman's uppishness? (8) 8 Person in jug (4) 10 Stoppers (6) 11 It's said to be silver (6) 14 Shown the way out of a little difficulty (3) 16 Men giving laser treatment? (5)
      638 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1422 13 TV and RADIO All about being male today OUR CHOICE ABOUT MEN, Channel 12, Bpm Ten men in Coventry kick off this documentary series on what it is like to be male in today's society. The men and their wives talk about anxieties and fears which are not usually discussed,
      1,422 words
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  • SPORTS
    • Article, Illustration
      In praise of the ring
      1183 14  -  boxing By WALTON MORAIS THE ROTUND boxing promoter leaned beck in his chair, contemplated the moment, then slapped his thigh heartily. "I tell you, when the two fighters get in the ring and they raise the flags and play the national anthems of the three
      1,183 words
    • Article, Illustration
      Lock icon Tyson, Givens officially end volatile union
      275 14 UPI HEAVYWEIGHT CHAMPION Mike Tyson and actress Robin Givens chose Valentine's Day to end their turbulent one-year marriage with a mutual divorce obtained in the Dominican Republic, attorneys in Los Angeles said yesterday. Tyson travelled from Las Vegas. Nevada, to the Dominican Republic on
      UPI  -  275 words
    • Article, Illustration
      Lock icon Player salutes the grey era
      749 14 &OLF NYT t|B HAS just climbed down off a ixpidozer, all 149 pounds of him. That's how he spent the last two wteks, grading a golf course in Oiando. That's where he went after winning last year's PGA Seniors Championship, to that bulldozer at Alaqua,
      NYT  -  749 words
    • Article, Illustration
      Lock icon Mecir ousted from Milan championship
      320 14 TENNIS AP SECOND-SEEDED Miloslav Mecir of Czechoslovakia was upset on Tuesday by Italian Omar Camporese in the opening round of the U*****,500 Stella Artois indoor tennis championship in Milan. Mecir joined seventh-seeded Henri Leconte of France and eighth-seeded Andrei Chesnokov of the Soviet Union in
      AP  -  320 words
    • Article
      Lock icon Savchenko crashes
      201 14 AFP YUGOSLAV NEWCOMER Monica Seles, who has already risen to 85th in the world rankings, pulled off one of the biggest wins of her career on Tuesday when she issued seventh-seed Larissa Savchenko of the Soviet Union her marching orders in the first round of the Fairfax women's
      AFP  -  201 words
    • Article, Illustration
      Lock icon Shriver charts new course
      445 14 Reuter AMERICAN Pam Shriver, who throughout her career has performed in the shadows of the world's top tennis players, has decided to cut back her schedule in an effort to challenge for the number one ranking. Shriver, fifth in the world, withdrew from this week's US$3OO,OOO
      Reuter  -  445 words
    • Article
      Lock icon A symbol for sale
      587 14 YACHTING UPI US 61, once the symbol of America's sailing technology, is on the auction block. At one time the boat was the most feared 12-metre yacht in the US America's Cup armada. It was designed by one of the fathers of the Star Wars' weapons
      UPI  -  587 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Keppel's Madras venture offers great scope
      634 15 n mm™ HOCK LOCK SIEW IMAGINE the 14th largest merchant navy in the world, with more than a thousand ships, operating without adequate shiprepair and drydocking facilities at any of the domestic ports. That is the story of the shiprepair industry in India. However.
      HOCK LOCK SIEW  -  634 words
    • Article, Illustration
      Berjaya's Tan faces stiff competition in SSMC bid
      583 15  -  By MAGDALENE NG MALAYSIAN BUSINESSMAN Vincent Tan, who heads the Raleigh-Berjaya-Sports Toto group, is facing stiff competition in his bid for control of US company SSMC Inc. According to press reports originating from Hongkong, the target company has launched a strategy which
      583 words
    • Article
      PE ratio of Singapore stocks expected to fall
      552 15  -  By FOO CHOY PENG IN SPITE OF the recent run-up in share prices, the prospective price-to-earnings ratio of Singapore stocks should decline, a senior Singapore banker said in Hongkong yesterday. Mr Tan Soo Nan, senior vice-president of the DBS Bank, said corporate
      552 words
    • Article, Illustration
      Lock icon General Corp expects turnaround due to several favourable factors
      681 15 NST GENERAL CORPORATION Bhd (GCB) is looking towards brighter prospects this year following a recovery in the group's proper-ty-related activities, a substantial growth in its manufacturing business and the management's concerted move to slash its hefty borrowings. GCB executive director Chan
      NST  -  681 words
    • Article, Illustration
      No fair and open market for Sealion shares in October 1986: witness
      258 15  -  Insider I Trading Trial ALLAN NG MOST INVESTORS would not have bought shares in Sealion Hotels Ltd in October 1986 because there was no fair and open market for them, said an expert witness at the continuing insider
      258 words
    • Article
      Lock icon Boost for large-block trading in London
      329 15 AP LONDON'S stock exchange is imposing new trading rules to encourage trading in large blocks of shares. The new rules, one ot which went into effect on Monday, are the first major changes in the way trading is conducted in London since Big Bang,
      AP  -  329 words
    • SES
      • Article, Illustration
        Local market stages mild recovery, thanks to bargain hunters
        1546 16  -  By MICHELLE OH THE LOCAL stock market made a mild recovery from two straight days of sharp falls to end slightly firmer yesterday. The Straits Times Industrials Index bounced back at the start of trading, fell at midday and then recovered
        1,546 words
      • Article
        COMPANY MEETINGS
        97 16 3EARNE BROTHERS MITED: 74th AGM at OCBC Centre, 65 Chulia Street #19-00, Singapore 0104, on Wednesday, Feb 21 at 10.30 am. THE NEW STRAITS TIMES PRESS (MALAYSIA) BER«D: 17th AGM at the •atrette of the compa3', Balai Berita, 31 Jalan ong, ***** Kuala Lumpur on Saturday, Feb 25,
        97 words
      • Article
        SES SHARE INFORMATION
        5933 16 Gr's Gr's 1968/89 Tel Last Vol Day L est Quote Dlv Dlv Y'ld Net M Cap llgh Low Cod* Company Sale OT(000) High Low Buyer Seller C'vr P/E Imll FEB 15 SESDAQ 187 114 t 4000 Amtek Eng 201 134 -1 12 135 134 134 135 10.ON
        5,933 words
    • KLSE
      • Article, Illustration
        Lock icon KLSE checks price retreats
        3370 17 MBT BARGAIN-HUNTERS on the Kuala Lumpur stock market saved the day yesterday, arresting two straight retreats that had driven prices broadly lower earlier in the week. Gains virtually littered the trading floor at the close while a couple of normally quiet financial stocks posted double-digit advances
        MBT  -  3,370 words
    • REGIONAL MARKETS
      • Article
        Lock icon Claims of bond information leak groundless, says Tokyo firm
        447 18 Reuter JAPAN BOND Trading Co Ltd (JBT) has dismissed allegations that it wilfully leaked information on bond traders' positions to benefit major Japanese brokerages and banks. The allegations were made to Finance Ministry officials by a US Federal Reserve Board team
        Reuter  -  447 words
      • Article
        Lock icon Toyota turns in record half-year sales
        225 18 AP TOYOTA Motor Corp, Japan's largest car maker, registered record six-month sales of 3,508 billion yen (U5527.4 billion) in the Ju-ly-December period last year, up 8.8 per cent from July-December 1987. Toyota said model changes and dealers' "energetic marketing efforts" had boosted domestic sales.
        AP  -  225 words
      • Article, Illustration
        Lock icon Stocks end lower
        570 18 Australia Reuter AUSTRALIAN STOCKS closed lower in lacklustre trade yesterday. Brokers said lower metal prices and lack of direction from Wall Street contributed to local inactivity. One broker said market sentiment remained bearish on interest rate and inflation fears, disregarding the release of January current account figures.
        Reuter  -  570 words
      • Article
        Lock icon Orient Overseas suffers loss
        84 18 AFP HONGKONG container group Orient Overseas (Holdings) Ltd suffered a consolidated net loss of US$l3.2 million last year, reversing a net profit of US$5.7 million in 1967. The company said on Tuesday that the unaudited loss included interest pay- ments of US$66.B million. It was partly
        AFP  -  84 words
      • Article, Illustration
        Lock icon Record close
        635 18 Tokyo Reuter THE MAIN Nikkei share index rose strongly to a record close yesterday, although declines just exceeded advances in the broader market. Heavy buying of construction issues, which have a big weighting in the Nikkei, gave it an extra boost, brokers said. The Nikkei Average roee 166.59
        Reuter  -  635 words
      • Article, Illustration
        Prices finish little changed
        1344 18 Hongkong HONGKONG STOCKS ended little changed yesterday after a day when fears about the weaker US dollar competed with bargain hunters hoping to jump onto the bull market, brokers said. The Hang Seng Index closed up 0.90 at 3.100.87. It hit a high for the day
        1,344 words
      • Article
        Lock icon Bangkok: Technical rebound
        233 18 Reuter THAI STOCKS rallied strongly yesterday on a technical rebound after sharp declines in two previous sessions with finance and textile issues setting the pace, brokers said. The Securities Exchange of Thailand Index gained 5.64 points to 437.88. Winners led losers 91 to 14. Ghana Siam, Padaeng
        Reuter  -  233 words
      • Article
        Lock icon Seoul: Financials lead decline
        195 18 Reuter THE SEOUL stock market faltered in late trading yesterday on pessimism over government moves to curb money supply, with financials leading the decline. brokers said. The composite stock index shed the gains it made earlier in the week, falling 5.90 points to 894.15 near the
        Reuter  -  195 words
      • Article
        Lock icon Bombay: Rally attempt fails
        175 18 Reuter BOMBAY share prices met with widespread profit-taking yesterday after a mid-session rally, to close lower in moderate trading, brokers said. A government move to liberalise industrial licensing procedures spurred an early rally but the market ran out of steam towards the close. One broker said
        Reuter  -  175 words
      • Article
        Lock icon Taipei: Profit-taking
        393 18 Reuter A LAST-MINUTE sell-off by profit-seeking investors yesterday poshed Taiwan share prices slightly lower, erasing earlier gains. The weighted index fell 4.79 points to end at 6,565.68 from Tuesday s 6,570.47 finish and compared with 6,652.36 in early trade. Turnover rose to NT546.4 billion from NT537.72 billion on
        Reuter  -  393 words
      • Article
        Lock icon New Zealand: Sharply lower
        176 18 Reuter NEW ZEALAND shares closed sharply lower yesterday after a 28 per cent fall in Chase Corps share price sent the bulls scurrying. Brokers said the market's outlook was now uncertain. Selling in Chase followed a credit downgrade to CCC from B plus by Australian Ratings
        Reuter  -  176 words
      • Article
        Lock icon Manila: Shares close mixed
        100 18 Reuter MANILA share prices ended narrowly mixed yesterday as cautious selling fuelled by a further drop in copper prices slightly outweighed gains, brokers said. "Copper remains the strongest factor that influences trading," said Anthony Nicolas, trader at Yao and Zialcita Inc. "Some investors had to sell
        Reuter  -  100 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Blue chips slightly lower
        860 19 New York Reuter US BLUE CHIPS succumbed to some light profit-taking and ended lower on Tuesday, but the broader market managed to advance. A few small sell programmes also dampened share prices, traders said. Surprisingly good news from Union Carbide offered early encouragement. The Dow Jones
        Reuter  -  860 words
      • Article, Illustration
        Lock icon Equities open easier
        958 19 London Reuter LONDON share prices opened lower yesterday after an initial modest mark-down following a 16-point gain on Tuesday but activity was fairly light, dealers said. A lower dollar, reflecting concern that West German interest rates may rise in the near term and signs of disagreement between
        Reuter  -  958 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1650 19 Reuter ZURICH: Swiss share prices closed steady to higher in fairly quiet trading yesterday as most blue chips recovered after a mixed opening on fresh buying, dealers said. The all-share Swiss Performance Index put on 2.7 to 976.6 points, while the Swiss Market Index of leading shares
        Reuter  -  1,650 words
      • Article, Illustration
        Lock icon Revamp puts Carbide on recovery path
        662 19 NYT UNION CARBIDE Corp, which agreed to pay US$47O million as settlement of the Bhopal case, has undergone a transformation that stems directly from the turmoil and seems likely to face more change. After a bruising takeover effort in 1985 by the GAF Corps
        NYT  -  662 words
      • Article
        Lock icon MB Group rejects Elders bid proposal
        283 19 Reuter MB GROUP PLC has rejected a proposal from Elders IXL Ltd that a new company, Newco. acquire MB s Metalbox Packaging unit which MB proposes to merge with France's Groupe Carnaud SA MB said in a statement in London that Elders proposed that
        Reuter  -  283 words
      • Article
        Lock icon IBM records higher margins on hardware sales
        424 19 Reuter INTERNATIONAL BUSINESS MACHINES Corp said profit margins on its computer hardware, a key gauge of its financial strength, rose in 1988 for the second straight year. In an advance copy of its 1988 annual report, IBM disclosed that margins on hardware sales
        Reuter  -  424 words
      • Article
        Lock icon Banks laud Mexico's move against illicit stock market deals
        315 19 Reuter MEXICO'S decision to move against illicit stock market dealings has been welcomed by foreign bankers who said it should strengthen the government's hand in coming debt negotiations. Finance Minister Pedro Aspe said on Monday night that officials of two prominent
        Reuter  -  315 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      387 15 CURRENCY INVESTMENT AMI KK I XI'KI ss hwk TEL: 321 3333 M BANK OF COMMUNICATIONS (The Bank of Communications Co., Ltd rcorporaled in Ta*>et, Taiwan, R.0.C.) Chairman Managing Directors Directors BOARD OF DIRECTORS Samuel C. Shieh tors Ronald H. C. Ho, C. M. Wang, Shirley W. Y. Kuo, Yuan Song-Shi,
      387 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      33 15 A/c3o£xy'£ ro Af£" n/&#£-'5 /rjvsr MC#£ MS#*, /*G#£ WjrW/A/6 /Z££/W5/0/L/r t 4 A'P A3co>r A &&V/0# &X&Z/.. UM2£fi VOO&./ \<PO^> yr. XK Wk />& by Martell */&///41/& A <2>/Ly&* TZMZue, t&9$A/£U~... £ss> 'V/'^ &fif/unuJr
      33 words
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  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      362 18 NOTICE NOTICE IS HEREBY GIVEN that, I Toh Mui Kiow of No. 223 Lavender Street, Singapore 1233, have applied for a Whole Sale Liquor Shop licence in respect of premises at M/s Good Gift's Store at 5001 Beach Rd #01-40 Golden Mile Complex, Singapore 0719, and that this application will
      362 words
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      Page 18 Advertisements Column 2
      360 18 NOTICE NOTICE IS HEREBY GIVEN that, I Anthony Kan Kit Hang of No 46-A Joo Avenue, Singapore 0821, have applied for a Wholesale Liquor Shop Licence in respect of premises at M/s. Valad Enterprise Pte Ltd at 50E Armenian Street, Singa pore 0617, and that this application will be heard
      360 words
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      Page 18 Advertisements Column 3
      361 18 NOTICE NOTICE IS HEREBY GIVEN that, I Seah Bee Hong of No 68, Jalan Mastuli Singapore 1953, have applied for a First Class Public House licence in respect of premises at M/s. Beluga Restaurant Pte Ltd at 133 Cecil Street, Keck Seng Tower #18-01 Singapore 0106, and that this application
      361 words
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  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      0 19 ',,&)>_:*=$@{~&@~)>>}\$:`<_$:[<
      0 words
    • Advertisement
      Page 19 Advertisements Column 2
      166 19 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 90 and IN THE MATTER OF ANAMED DISTRIBUTORS PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the Company held at 7500 A Beach Road #11-320/322, The n Plaza, Singapore 0719 on e Wednesday, 15th day of tl February
      166 words
    • Advertisement
      Page 19 Advertisements Column 3
      271 19 CAP. 80 AND IN THE MATTER OF D'SHE COSMETIQUE TRADING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act, Cap. 50 the Final Meeting of the Members of the above-named Company will be held on 22 March 1989 at 10.00
      271 words
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  • Article
    Asean-Japan fund buys stake in Wah-Chang unit
    322 20  -  First investment by fund in a non-Japanese project in Asean By CHUANG PECK MING THE US$2 billion Asean-Japan Development Fund has taken a 10 per cent stake in Thai Wah Property Development Company, a subsidiary of Singapore-based Wah-Chang International Corporation. The investment in
    322 words
  • Article
    Seven bills up for second reading
    202 20 SEVEN BILLS introduced last month are up for second reading at today's parliamentary sitting. Four of the bills will be presented by the Minister for National Development. They are the Building Control Bill, the Planning (Amendment) Bill, the Urban Redevelopment Authority (Amendment) Bill and
    202 words
  • Article, Illustration
    Lock icon Soviets end Afghan intervention with a farewell to the fallen
    461 20 Reuter WITH RINGING assertions that it had not been in vain and with a farewell to the fallen, the Soviet Union yesterday ended its nineyear military intervention in Afghanistan at the spot where it all began. At 11.55 am local
    Reuter  -  461 words
  • Article
    Dollars and sense of telecoms
    88 20 SINGAPORE'S excellent telecommunications network is a strong Incentive for MNCs to locate here. But how can the businessman exploit this technology? Can he tap it and convert it into dollars saved? Business Times, in a special survey on Feb 17 to commemorate Asia Telecom, a
    88 words
  • Article
    Lock icon Bhopal compensation
    95 20 Reuter THE US Union Carbide Corporation must pay the lion's share of the US$47O million compensation for the Bhopal poison-gas disaster and its Indian subsidiary the rest, the Indian Supreme Court said yesterday. The court, giving details of its judgment on Tuesday, said that Union Carbide should pay
    Reuter  -  95 words
  • Article
    S'pore officials to study export processing zone in Philippines
    272 20  -  By HARISH MEHTA OFFICIALS from Singapore are expected in Manila this month or early next month as part of the Philippines Aid Plan to examine the possibility of developing an export processing zone in the country. Philippine Trade and Industry Secretary
    272 words
  • Article, Illustration
    Seow flew in US, bought liquor, says DPP Ang
    574 20 By MARTIN SOONG PROSECUTION in lawyer Francis Seow's tax evasion trial yesterday appeared to blow the defence's case wide open, unleashing evidence showing Seow had been flying coast to coast in the US, and buying liquor, while his US doctors had
    574 words
  • Article
    Lock icon Comex gold and silver
    91 20 Reuter COMEX GOLD futures were on the defensive in early trading yesterday amid reports circulating in New York that Far Eastern investors had liquidated long positions in overnight markets. Spot gold was off US$3.6O at US$3Bl.BO an ounce, as it approached an important line of support
    Reuter  -  91 words
  • Article
    Manila aiming for annual export volume of US$15b
    313 20  -  By HARISH MEHTA THE PHILIPPINES is targeting an annual export volume of US$l5 billion by 1992 as a stepping stone to the status of a Newly-Indus-trialised Economy by the year 2000, Trade and Industry Secretary Jose Concepcion Jr said on Tuesday. In
    313 words
  • Article
    Lock icon Better prospects for KL property market
    325 20 Bernama THE MALAYSIAN property market is forecast to perform better this year, property consultant firm C H Williams. Talhar and Wong (WTW) said in its 1989 property report It said government efforts to expand the industrial. tourism and agricultural sectors and other factors such
    Bernama  -  325 words
  • Article
    Lock icon Vietnam will not be tied to completing pullout if talks fail, says Thach
    367 20 APP VIETNAM will not be tied to completing a withdrawal of its troops from Cambodia by September if peace talks in Jakarta next week fail, Vietnamese Foreign Minister Nguyen Co Thach said in Hanoi yesterday. If the
    APP  -  367 words
  • LATE FILE
    • Article
      Lock icon Afghan assembly presented
      38 20 AFP PAKISTAN-BASED Afghan resistance groups presented a 28-minister government to an assembly of their delegates yesterday. Spokesman Abdul Rasul Sayyaf said in Rawalpindi that fundamentalist hardliner Ahmed Shah would be proposed as prime minister. AFP
      AFP  -  38 words
    • Article
      Lock icon 57 dead in Sri Lankan poll
      52 20 AFP SRI LANKA's first parliamentary elections in 11 years yesterday left at least 57 people dead and dozens wounded in widespread violence mostly blamed on anti-gov-ernment Sinhalese rebels. Twenty-six people, including four voters, were killed yesterday, while election-related violence claimed 31 lives late on
      AFP  -  52 words
    • Article
      Lock icon PAS president resigns
      41 20 UPI THE LEADER of the fundamentalist Malaysian party PAS, Yusof Rawa, resigned yesterday citing ill health and turned control of the political organisation to his deputy. "I surrender duties as PAS president to my deputy Fadzil Noor." UPI
      UPI  -  41 words
    • Article
      Lock icon Sub-committees for council
      29 20 Bernama MALAYSIA'S National Economic Consultative Council, entrusted with formulating the post-1990 National Economic Policy, yesterday decided to set up five sub-committees to streamline its work. Bernama
      Bernama  -  29 words
    • Article
      Lock icon Country of origin rules
      57 20 Reuter JAPAN has proposed a set of international rules defining country of origin for manufactured goods to the Organisation for Economic Cooperation and Development. Japan is concerned that the proliferation of diverse rules on products' country of origin could lead to more trade disputes and act
      Reuter  -  57 words
    • Article
      Lock icon Court awards salary rise
      32 20 Bernama THE INDUSTRIAL Court in Kuala Lumpur has awarded, among other things, a 4 per cent across-the-board salary increase for non-clerical and clerical workers in commercial banks. Bernama
      Bernama  -  32 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      188 20 More reports, PAGES 3 and 19 Leader, PAGE 10 Computerised investment research for the Stockmarket Investamatic enables Fundamental and Technical Analysis to be conducted on all stocks listed on the SES and KLSE. Fast, versatile and comprehensive programs with high-resolution graphics enable you to monitor market trends and make timely
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      10 20 Govt, rebels still differ on autonomy for Mindanao, PAGE 3
      10 words
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      Page 20 Advertisements Column 3
      76 20 8m thta pag« /> An Exotic And Spicy Flavour Of Indonesian Cuisine Now Fills The INDONESIAN RESTAURANT Ss> M 7 4 -J Serves A Wonderfully Extensive Selection Of Indonesian Specialities From Java. Sumatra And Sulawesi. All These Palate-Tickling Dishes Are Meticulously Prepared By A Team Of Indonesian Masterchefs. We Know
      76 words
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  • SHIPPING TIMES
    • Article
      Evergreen will order 22 giant container ships
      509 21  -  By LINDA CHEE TAIWANESE carrier Evergreen has confirmed that it will go ahead with plans to order 22 new giant container ships of 4,000 TEUs for delivery in the 1990s Evergreen chairman Chang Yung-Fa said the new GU-class ships, to be slotted into
      509 words
    • Article
      Mumps develops system for PIL
      190 21 PACIFIC International Lines (PIL). the largest private Singapore shipping company, has invested US$4OO,OOO on a computer system to handle its trade documentation, accounting procedures and provide complete sales information automatically. This will integrate its current Container Tracking System, which was installed 2 years ago. The
      190 words
    • Article
      Scan Dutch offers weekly service for small exporters
      128 21 AS A NEW service to Singapore companies exporting in small volumes to the Mediterranean, Jeddah and Aqaba, ScanDutch now guarantees fixed weekly shipment of consolidated cargo irrespective of volume. Exporters to some of the less common destinations have often faced difficulties when
      128 words
    • PORT SIDES
      • Article
        Lock icon Strike at Israeli ports
        87 21 AFP THE ports of Haifa and Ashdod were at a standstill on Tuesday after a strike by 140 administrative staff demanding pay increases. Because of the strike, which started late Monday, five boats could not leave port while six others were forced to anchor outside the
        AFP  -  87 words
    • Article
      CONSORTIA
      163 22 THE MAJOR shipping consortia operating between the Far East/European. Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (Far East/Europe): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping AMRO (Straits/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd Lines
      163 words
    • Article
      Lock icon Teething problems for ClO container ships
      687 22 Fairplay THE West German-built ClO container ships have now made between four to eight five-week voyages each, and one of the first observations must be that while the giants' design capacity of 4,300 TEU is technically feasible (physical maximum is 4,356 five high or
      Fairplay  -  687 words
    • Article
      INDEX TO ADVERTISERS
      793 22 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 1/2 Alltrans IV 1 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Bait-Conada line VII 4/5 Bait-Orient line VII 2 Baltic Orient
      793 words
    • Article
      Bombay may lose position to Nhava Sheva
      443 23  -  By SHIRISH NADKARNI BOMBAY PORT, the busiest in India. could well lose its position of pre-eminence to the new port that is fast coming up in the twin city of New Bombay. Called Nhava Sheva, the new port (located to the north-east of
      443 words
    • Article
      Lock icon New canal for commercial navigation
      301 23 UPI AN ALTERNATIVE to the Panama Canal planned by Nicaraguas Sandinista government will be used only for commercial navigation and serve as "a political instrument" for the restoration of relations between the United States and the Central American country, Nicaraguan ambassador to Japan Jorge Huezo
      UPI  -  301 words
    • Article
      Lock icon Bonn to adopt international register
      146 23 Reuter WEST GERMANY will introduce an international shipping register enabling foreign seamen to work on ships sailing under a West German flag while earning the wages of their home country. The West German Bundesrat (Parliamentary Upper House) approved the introduction of the register, which is
      Reuter  -  146 words
    • Article
      Lock icon Ship casualty report
      232 23 Reuter Reuter Reuter BAD weather has hampered the refloating of the 4,502 dwt Cypriot tanker Golden Navigator, aground with a cargo of fuel oil at Port Esquivel. Jamaica, since Feb 1, Lloyds Shipping Intelligence said. Transfer of part of the cargo has begun. It said the vessel
      Reuter  -  232 words
    • Article
      PORT CONDITIONS
      317 23 ALL SURVEYS were conducted on Jan 31. Argentine All ports Normal operation. Australia All ports Normal operation. Dangiaoetn Chittagong 20 vessels operating Mongla 10 vessels operating. Brazil Santos 50 vessels operating. Rio de Janeiro 20 vessels operating. Cameroon Douala Normal operation. Canada Vancouver (British Columbia) Waiting time of
      317 words
    • Article
      LONDON FREIGHTS
      1304 28 CHARTERING was rather quiet on Tuesday and mainly confined to the grain and timecharter sectors with rates tending to edge lower where changed, shipbrokers said. Grain from the US Gulf to Egypt paid U5516.50 while the easier level of $19 was paid from the Gulf to Puerto Cabello
      1,304 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2988 28 AANMUt QM He. CMm Oceen Shpg Feb IS leuet UwM Uamk LM. FM it tat Group. EntyMn Feb K Larga Bay. Trtot. F*b itfMQ. Vita M Marcura. CM CMnMaM. Fit 17. MMg GMry. Yang Ming. Feb It SM*ndl*, ScanOutcht Feb 20 Luo
      2,988 words
    • Article
      SHIPS IN PORT
      1045 28 AT CONVENTIONAL WHARVES Gotdfctara "I'm Caact a it 1402/1400 1402/0800 1402/0001 If02/2300 18.*****0 Namd a 1402/2380 VlMll B«rtt Arrival Dgpii lun Naad Skta 112 1402/0830 >*****80 KEPPEL WHARVES Paoag Parak a 1402/0730 1702/2300 lodo Part—a 110 U02/235P *****730 CoatiaaM 1 KI9 otoagada *****700 SPC» m *****KB 1402/2300
      1,045 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      823 21 TIMES STP Distributors < m't OOCL Dedicated to C 2 se»*vic« JARDINE SNIPPING AGENCIES 200 Cwitonnwnt And #12-05 Soutkpomt. Smppar* 0201 T«i 221KU TELEX NO RS 2*179 TERMINAI/CFS Tol *****18 220 BOOKINGS Ttf *****34 235 PCSAKA JARDINE SNIPPING AGENCIES SON. M4O. PORT KELANG TEL *****11 Taioi No. MAJ9477/MA***** PENANG TEL
      823 words
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      Page 21 Advertisements Column 2
      104 21 THE West German-built CIO container ships have now made between four to eight five-week voyages each, and one of the first observations must be that while the giants' design capacity of 4,300 TEU is technically feasible (physical maximum is 4,356 five high or 3,944 four-high, when empties are carried on
      104 words
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      Page 21 Advertisements Column 3
      696 21 w 1 y TIMES STP Distributors MAERSK LINE DESTINATIONS eta eto n r MARGRETHE M LOUIS M 17/2 24/2 2/3 3/3 9/3 10/3 16/3 17/3 23/3 24/3 30/3 31/3 6/4 7/4 icanrncacacacaia LARS M LAURA M REQINA M L£XA M. MCKMNEY M 22/3 24/3 25/3 25/3 26/3 2W 2W 31/3
      696 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      601 22 u_ Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANQ SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP LARGS BAY LONDON EXPRESS BENCAIRN HAMBURG EXPRESS KURAMA MARU BENALOER PILAR ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN. COPENHAGEN. AARHUS, GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT HAMBURG EXPRESS
      601 words
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      Page 22 Advertisements Column 2
      17 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
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      Page 22 Advertisements Column 3
      817 22 mm C\J 'A D J,u L O REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE MOHASIA PEARL V ***** NOR ASIA PRINCESS VM32-3 NORASIA SUSAN VB9Ol 3 NORASIA SINGA VB9C2 3 Alto accepting cargo Anterp via Rotterdam Brsnwn via Hamburg (VIA FEEDER) PEN PKL 16/2 17/2 2/3 3Q 10/3 11/3 20/3
      817 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1225 23 tTiJ The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT: CONTAINERSHIP SERVICES TO/FROM BANGKOK SPORE BKOK PtCASUS PROGRESS VSSSN U-19 Fab 21-22 Fak PEGASUS PIONEER V2ON 22-23 Fab 25-26 FA BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 SINGAPORE TO
      1,225 words
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      Page 23 Advertisements Column 2
      703 23 EUROPE ,i j CZ Mn 1 l.il 1 HI SENATOR USA PANAMA n ZLK ZLK ZIK ZLK KM KM ILK KM NJ4 lIJ4 lU4 ILM OH ILM 17M ZLM MM KJI KM IIJI HJI IUI lUI G*ntm Agent ZUI ILK HJI 17 Jl lUI 21 Jl II Jt |KJZ MK
      703 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      327 24 HISINOSE J MARITIME PTE LTD El ISLAMIC REPUBLIC OF IRAN SHIPPING LINKS WAN KEAO PJL ITS IRAN TAKHTI PJL <73 Singaport Loading for:ETA 1/2 BANDAR ABBAS ETA U/2 BANDAR ABBAS ¥*YOWAI w KYOWA LINE •OUTH PACinC SERVICE MOTHER VSL S PORE MK LOAD FOR: KYOWA HIBISCUS V.35 2/3 VILA. NMA.
      327 words
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      Page 24 Advertisements Column 2
      929 24 Qj\ HANJIN SHIPPING CO M LTD. ItO EUROPE VIA SUEZ Ki l l V CONTAINERISED SERVICE TO USA PACIFIC SOUTH WEST TO PACIFIC NORTH WEST CANADA UK NAM. HANJIN MMNCYANS SX HANJIN CtMJU 4N KOREAN MOMIS (MM M M*c PUS St* VCR jw w m ivi vj m aa m
      929 words
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      Page 24 Advertisements Column 3
      110 24 q\ aaiUGNAMA I—IIUEE S'POH f JMUM PENANC INCMON lUSAI anurai glory ww mm* u mm umv »Iter a SINGAPORE Loading FOR ALTAIR 21 FEB INCHON, SUSAN WORLDWIDE PACIFIC MARITIME (PTE) LTD TEL 77X711 (t Urn) KCATENA NAStONAL SON MD TEL: P.KELANC (03>J«747S PNC<M)tI7U4 CR NO 103U7H00DC P" TIE PAN-ISLAMIC STEAMSHIP
      110 words
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      Page 24 Advertisements Column 4
      657 24 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE VESSEL EVER GROUP EVER GIVEN EVER GALLANT EVER GLEAWY Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) N S !S uS 1W n/Q S ii !2S oS as IS SS SS SS «'S m! OS SS JS JS hj 05/03 2*03 *03 2MB 30* 01/04 10*4
      657 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      950 25 PACIFIC INTERNATIONAL LINES \V\ PIL Building. 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE KOTA MELATI KOTA MELATI BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE SCA QLORY SMI BHUM HAI MX PIY A BHUM voy sm blw pen pkl
      950 words
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      Page 25 Advertisements Column 2
      535 25 \t% BEN LINE Vi3k CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAM HAVEN OAS HAWK STON f HUM S «Wt FOB I Eiprau S«M b>M S»M SaiM W Htru S»M S»'« S»*4 SaiM aa m l"" SaiM S».t«4 14/2 11flay SjiM S»M SwM M 12/2 W
      535 words
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      Page 25 Advertisements Column 3
      498 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE tO EUROPE WUVOY S PORE ANTWERP H BURG ROAM/ADAM BREMEN S. PANJANG/21WB 4-6/3 1/4 5/4 MATARAM:3WB 120-31/3 \n)4 1/5 Sublet to mducwnwit. A too aocapMng cw«o to
      498 words
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      Page 25 Advertisements Column 4
      367 25 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHJPPINO CORPORATION (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok PAGAN VIJW 11/22 F«fc MTONEYWA V244W 1«1 F«6 TAUNG GYEE VMM M| F* PA-AN VI3M filter 25/27 FA i V 2» BANK LINE NORTHBOUND TO UKC SPORE ROAM HULL HMOG TAUSALA SAMOA
      367 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      942 26 Lkl KAWASAKI KISEN KAISHA. LTD. K Ll.Nfc N. AMERICA-ATLANTIC COAST NEPTUNC JADE H BRIDGE VIE/0. FORTUNE 0. FAIR Vl3/AMBASSADOR BRIDGE NEPTUNE GARNET •PK/PNG SGP NEPTUNE JADE ORIENTAL FAIR NEPTUNE GARNET ORIENTAL FREEDOM VIA FEEOCR FEEDER VESSEL NEPTUNE JADE NUMBER BRIDGE ORIENTAL FAIR NEPTUNE GARNET N. AMERICA •INDO *PK/PHG ISGP 13/2
      942 words
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      Page 26 Advertisements Column 2
      59 26 y|y_ &fa vfr 4\ i'K. «.i CiOLDENWAY MARITIME SDN. BHD. ETA ETO Loading Foe NEW LINE No.l Vl/89 15/2 20/2 Mm/Kuching SWEE ANN SATU V 3/89 16/2 20/2 Kuching/KK MARITIME No.l V 3/89 20/2 23/2 Kuching/KK/Muara 6A, Lorong Cempening, Tel *****80. *****84 A *****88 e eran an Port K,an Fa*
      59 words
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      Page 26 Advertisements Column 3
      473 26 KALIOAS V 41 I TUISIDAS 1 KAUOAS V 42 TUISIOAS *41 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCUFCL CMMmti Sioppori P K«Ung Panang Loading tor Motliar *»l By Paadai By Faadar 9 Mar 4M* 4Hv Frwn/Maib/SydiVAdal 1 Apr M«r X Maf fram/Mafc/SydiVAdal I May Apr 21 Apt Fram/kMb/Sydn/AM 25 May 20
      473 words
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      Page 26 Advertisements Column 4
      559 26 GOLDEN LINE GUAM GUAN SMPPMG (PTE) LID 73, T«M Str««< SINCAMWI MM fU MM (10 LINK) Far VJ43SW 1 STRAITS/PERSIAN GULF SERVICE: GOUXN HON OCA CotonAuMracMXita. GOLDEN HAVEN Cofcmta/KartdM/Ouiai CHINA SERVICE A VESSEL Huwwpu/ Start* WU Hor CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA XINANJIANC NANCJIANC
      559 words
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      Page 26 Advertisements Column 5
      448 26 PHIU OniCNT UN€5 PTC LTD HCAO OfFiCE «J BOSrNSON ROAC •0* 1? AFRO AS A BUHO'NG S'NCflPOflf 01C5 T€L€* as ***** PN»L' fs< ***** v rr. i. -i-ttt ETA SINGAPORE I DESTINATION fr 17/2, 27/2 w, vn 33 Mi .HI J 7i M.-m ■OMASA, DARESSALAM ASSAM. BURA, TAMATAVE, P. SUDAN.
      448 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      945 27 A«ents Spore (Smut CnqwfM 2 mrt NEPTUNE AGENCIES PTE. LTD. Boofcincs Book TPV *****1) *****18 Inward/ Outward *****44 Terminal *****22 CfS *****53 *****16 *****48 NEPTUNE NEPIME SON BHD 368*887 K Lumpur *****33 Ptntnt *****5 j dakru *****0 *****0 *****1 6276(1 *****2 EXPORT IMPORT I.M, ;l,»<!, ,WBW ik'. a i f»»ifrww.»ifivi.-w.«aii.-tnii»<!;f|.'|»v|.<
      945 words
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      Page 27 Advertisements Column 2
      205 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. KEELUNG BUSAN, INCHON Vmml'* Nam. ETO BS S'POMC MUG KEE BUSAN MO JI *MO I DONAH/902N OMB 19-21/02 17-11/02 21-21/02 MM/03 07/03 #ORAGMET/9Q2N 22/02 (*-07/03 04-05/03 15-13/03 21 22/13 22/03 NO S DOMAM/M2N 21/02 10-12/03 13-14/03 22/03 2S-27/03
      205 words
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      Page 27 Advertisements Column 3
      196 27 AUCKLANO WELLINGTON N. PLYMOUTH FELIXSTOWE HAMBURG ROTTERDAM OTHER Up A 21/2 FREMANTLE IS/2 A a,7 MELBOURNE 14/2 A 21/2 SYDNEY 23/2 A 27/2 2J/2 A VIZ 23/2 A 27/2 .W N M i <•» s i 11/2 A 21/2 ANTWERP 21/2 A 10 3 GENOA 19/2 A 21/2 LE HARVE
      196 words
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      Page 27 Advertisements Column 4
      827 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 ***** PENANG P KELANG MESSRS MAI THONG SHIPPING 12/ Ptnaog Street, Penang, Malays* M/S HANDLING SYSTEM CO SON
      827 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      276 28 SINGAPORE SHIPPING JiBT CORPORATION (PTE.) LTD. Til 225 6888 (34 Urns) FAX *****39/*****/8 TEIiX RS ***** A/8 SSCMA. RS ***** A/B SSCAO DSR-LINES ■P, ,'POAC 1 SE£^EEPEP£ INTEGRATED CONTAINER SERVICE ■EMBER OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE lARNACA: ACCEPTIRS CARGO FOR LIMASSOi, KIRUT, LATTAKIA, ALEXANDRIA. POUT
      276 words
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      Page 28 Advertisements Column 2
      79 28 t.s.k. line CONT FIXE r weekly containerised service WITH FIXED DAY ASRIvA. t J *'v>CO i J /T i TRANSIT TIME TO TAIWAN/JAPAN MY. KABUKI V-lt ETA SIN ai/t/M I KAOSHIUN& > KEELUNG I S'PORE TOKYO I SHIMIZU f > NAGOYA 1 KOBE 4 DAYS 5 DAYS DAYS DAYS 10
      79 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      124 28 r I < m 51MHB mmSmwjs > X* B t i '4 s *3 w, > < KGENO R TWVom, T f Shower W Ron t Cloudy Sk» 0 On. ful crclc raprtMnn cokn or kght i L» On* MMw raprtunn 10 knot* A Wan m nil of 0.5 mttm*
      124 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      420 29 'f; REGULAR EXPRESS FCL LCL SERVICE ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND vs. w iW TNT Eiprtu Bt W W jUX t NUOW m UK I I Vl* Also icdptiM cargo tot* AUSTRALIA Adelaide. NEW ZEALAND VMHnetoi Wellington, Napier Chrlttchurch TO USA/CANADA 19 DATS FROM FOB/MARBEILLEB! FROM USA/CANADA/EUROPE/MEDITERRANEAN rTirvuMtUlESMlEmil TNT
      420 words
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      Page 29 Advertisements Column 2
      333 29 C ALCUTTA/KAR ACHI/CHT GONQ/CBO REGULAR CONVENTIONAL LINER SERVICE VMM Nnmi l>ra UaMMfar TIUNOMKTM.-VM tlfl *M CALCUTTA PAKISTAN NATIONAL SHIPPING CORP., KARACHI. MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT KLANG PENANQ SUNDER BANS 26-28/2 ILALAZAR 20-22/3 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN
      333 words
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      Page 29 Advertisements Column 3
      715 29 CCNi /m. DI C sftasas&cA rw (CHILEAN NATIONAL UNI) GREAT ANDES SERVICE AMI IQUIQUC VALPARAISO STO AftAUCO UH m* CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71, *****65 SHIPPING HONGKONG/ ALL CHINA FORTS n/n if/n Accaptlni IXt Fa I
      715 words
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      Page 29 Advertisements Column 4
      115 29 FREIGHT SERVICES T* ***** M Tli: 43M1 CFSM F/UL &417 M BOOKING: *****22 DIRECT SERVICE TO DARWM/PT. HEDLAND'/BROOME* Accepting BcttkbuNi, limy IW, Cotiteliiif A RO/RO Cicqon MARKMAM BAY V.I ETA/tTD S'PORE Via F* CTD DARWIN S Iter ■AMMAN lAT V 5 ETA/ETD SPORE U/H tor ETO DARWIN 8 W»f HARKMAM
      115 words
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      Page 29 Advertisements Column 5
      214 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 i Q IRAQI LINE ail- *Ti Ik *1 r< ti* m aa a m >aakr T MV ALKINDI MV SINDBAD idlj' S'SM «rja mn rtMf 'Rl■J»s«' EAST BOUND SERVICE ETA S PORE LOADING FOR 21/2 Korea, Japan WEST BOUND
      214 words
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