The Business Times, 22 February 1989

Microfilm: NL16473
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, FEBRUARY 22, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    250 1 Dow Jones up WALL STREET stocks gained along with US Treasuries and the dollar in early trading yesterday. The markets were encouraged by hopes that Fed chairman Alan Greenspan would reaffirm his fight against inflation. The Dow was ahead one point at 2,326 but a few more
    250 words
  • Article, Illustration
    Aussie stocks buck lower regional trend
    232 1 WITH Wall Street closed on Monday, share prices in most regional markets yesterday fluctuated uncertainly before closing lower. The Singapore stock market, which was initially given a fillip by the listing of Wing Tai, the first this year, failed to hold on to early
    232 words
  • Article
    US dollar surges in Tokyo
    116 1 THE US DOLLAR yesterday surged to 127.15 Japanese yen at the close in the Tokyo currency market, up from Monday's finish of 125.75 yen. Dealers said dollar buying was sparked off by a report that US Federal Reserve Board chairman Alan Greenspan might suggest tighter
    116 words
  • Article
    Industrialists call for extension of property tax rebate
    543 1  -  SUGGESTION FOR A LONG-TERM RATE OF 12% By WILLIAM CHIA WITH THE BUDGET just around the corner, many industrialists are angling for an extension of the current 50 per cent property tax rebate which is due to expire in June. Others point
    543 words
  • Article
    Talks end with Cambodian parties allowed to iron out differences
    398 1  -  By PAUL GOPAL THE SECOND Jakarta Informal Talks ended yesterday with agreement on allowing the four Cambodian parties to iron out their differences and to report back to the chairman, Indonesian Foreign Minister Ali Alatas. Mr Alatas announced this at
    398 words
  • Article
    Wing Tai makes sparkling debut with heavy turnover
    478 1  -  By MAGDALENE NG WING TAI Holdings Ltd. the first company to be listed on the stock exchange this year, made a sparkling debut yesterday. The counter was actively traded to a high of $1.88 or a 50 per cent premium over the
    478 words
  • Article, Illustration
    Eleven oil companies get approved traders' status
    415 1  -  By LILIAN ANG ELEVEN OIL TRADING companies from Singapore, Japan, America and Europe have been granted the approved oil traders (AOT) status. This was announced by the Minister for Finance. Or Richard Hu, last night the eve of the launching of the Singapore
    415 words
  • Article
    Indon minister on oil futures contract
    252 1 THE INDONESIAN Mines and Energy Minister, Ginanjar Kartasasmita. has warned that the new Singapore oil futures contract to be launched today may destabilise the market. "I think in such trade the speculation element is very high. Futures trading has recently caused instability in the
    252 words
  • Article
    Lock icon 'Medium-sized M'sian industries need incentives too'
    122 1 Bernama INCENTIVES to small-scale industries with shareholders' funds of M 5500,000 should be extended to medium-sized industries for maximum impact, the Federation of Malaysian Manufacturers said yesterday. In a memorandum on smalland medium-sized industries presented in Kuala Lumpur at a three-day dialogue with Trade
    Bernama  -  122 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      101 1 Cloth by i Xo<*na i 1 Mode m I'olv 2 Available at all leading tailors Full report, PAGE 18 Regional Mkts, PAQE 20 World Mkts, PAQE 21 Our reputation for rigid standards, professional approach and personalised service is internationally recognised. We put technology and expertise to work for you. You
      101 words
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      Page 1 Advertisements Column 2
      208 1 Editorial Comment: 12 SNIC's reasons not convincing Singapore Telecom 12 Reaching out to the world Japan 13 Adjusting to a new role URA projects 2 Drastic fall in revenue Scientific Atlanta 3 Company clinches two deals Kuwait S Eyeing investments in E Europe Lome Convention 6 Talks end with some
      208 words
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      Page 1 Advertisements Column 3
      11 1 Movie glitz and glamour making its way to Jurong, BACK PAGE
      11 words
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      Page 1 Advertisements Column 4
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      163 words
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  • HOME NEWS
    • Article
      Hearing on Seow's new charges postponed
      250 2 THE FRANCIS SEOW TRIAL HEARING on lawyer Francis Seow's 60 new income tax dodging charges was postponed a second time yesterday, to March 21, as the former solicitor-gener-al remains in the United States. The case was first scheduled to be heard on Jan 31.
      250 words
    • Article
      Newfun plans recreational park on Sentosa
      152 2 THE Singapore Tennis Centre. under the umbrella of its holding company Newfun Tourist Venture Pte Ltd. is planning to open a recreational park at its Sentosa restaurant grounds. "We have a 50,000 sq ft piece of land that is available next to our Newfun
      152 words
    • Article
      'Broad-based education indispensable'
      178 2 THE SINGAPORE education system has a very good reason for providing its young adults with a broadbased education. It is to prepare them to cope successfully with the many changes expected in the future, said Or Tay Eng Soon, the Senior Minister of State for Education yesterday.
      178 words
    • Article
      URA projects drastic fall in revenue
      503 2  -  Transfer of management of some divisions By JEFFREY TSANG THE URBAN Redevelopment Authority's revenue is forecast to fall from $148 million in the current financial year to just $48 million in FYB9/90. At the same time, its total expenditure, which is expected to total
      503 words
    • Article
      Century Park Sheraton to undergo $16m renovation
      381 2  -  By JOHN TAN CENTURY PARK Sheraton became the latest to join the recent spate of hotels renovating their premises when it announced a $16-million facelift yesterday. The renovation programme, which will be completed in September 1992, is "directed at upgrading the hotels guest
      381 words
    • Article
      Fire breaks out at Shell refinery
      156 2 A FIRE broke out at the Shell refinery yesterday affecting the same crude oil distiller which was shut down last month after a technical fault. Shell s own team of firefighters, backed by officers from the Singapore Fire Service, put out the fire just
      156 words
    • Article
      American telecom company clinches two deals
      237 3 SCIENTIFIC ATLANTA, a USbased telecommunications company, yesterday announced that it has won two contracts. Worth a total of US$56 million. they are to supply a satellite system to link 4,0(X) sites in Indonesia and to set up five private television networks in Japan. The
      237 words
    • Article
      Re-regulation, not deregulation, a reality: Swedish telecom official
      259 3  -  By SUZANNE SOH DEREGULATION is a misleading term, according to Mr Torsten Larsson at the Asia Telecom forum which began yesterday. Mr Larsson, who is deputy director general for Swedish Telecom, said that while deregulation has become a catchword among governments, increasing
      259 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      254 3 INCHCAPE Berhad has made YAP BOH HONG its new group corporate affairs manager. Mr Yap. 42, will be responsible for the creation and enhancement of the Inchcape Group's image. He has a Master's degree in social science and was once a journalist for The Straits Times. He
      254 words
    • Article, Illustration
      Alcatel has promising plans for Singapore
      508 3  -  By JEFFREY TSANG SINGAPORE FIGURES prominently in an ambitious plan by European telecommunications giant Alcatel for the Asia-Pacific. The company, which has a representative office in Singapore. is holding discussions with Singapore Telecom's consultancy arm on the possibility of setting up a digital mobile
      508 words
    • Article, Illustration
      EB Comms (S) going places with money-spinner
      403 3  -  By MARTIN SOONG EB COMMUNICATIONS (Singapore), wholly-owned subsidiary of Norwegian telecommunications giant EB Corp. is projecting a 40-per-cent jump in its turnover to $14 million this year on the back of an expected second order from the Norwegian defence department for locallydesigned and
      403 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      405 2 la collection VanGeef&Arpels Paris a SPORT "2" Authorised dealers: ROY EASTERN WATCH PTE LTD Tel: *****39, *****35 DELUXE EASTERN WATCH PTE LTD Tel: *****36/*****83 CORTINA WATCH CTR PTE LTD Tel *****85, *****71 NANKING WATCH DEALERS Tel *****04/*****58 WATCHES OF SWITZERLAND Tel: *****43 BISTA (TRADING) PTE LTD For you 286 users...
      405 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      143 2 wmn R "SS/ m Mai/ Not* Mln (°C) 23/13 Firm 08/07 Cloor 14/05 Cloor 18/13 Cloor 33/24 Cloor 29/23 Cloudy 04-06 dear 15/10 Rain 16/03 Cloar 10/08 Rain 23/20 Cloudy 09/04 Sunny 27/20 Fin* 1202 Cloor 13/06 Rain 35/23 Cloudy 18/09 Cloor -5-21 Rain 24/09 Fin* 24/15 Cloudy -1/-5 Snow
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      208 3 z WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day WORKSHOP SPECIAL Our mechanics are not short of work, but to celebrate the 10th Anniversary of SM Motors, they've agreed to do a little extra. SMILE AND SAY "AHH" TO A 20 DISCOUNT ON SERVICE AND PARTS. feti I
      208 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      382 4 SIMEX HSFO Trading in the new SIMEX Contract for Fuel Oil Futures begins; heralding a new era in the oil business. For the very first time CONTRACT the Asia-Pacific region there is now an oil futures market with an efficient pricing mechanism providing a benchmark price. To the oil trader
      382 words
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    912 5 ARRIVALS DEPARTURES Operator Service number Local time From Operator Service number Local time For MAS OAl SiA UAL MAS su SIA MAS KAL MAS MAS SIA CPX GIA SIA RBA OFA SIA USA GIA SU THA AIC GIA GIA GIA MAS MAS SIA CAl SIA SIA SIA
    912 words
  • ASIA – PACIFIC
    • Article
      Lock icon Kuwait eyes investments in E Europe and China
      381 5 Reuter KUWAIT, one of the world's biggest investors, is studying new investments in Eastern Europe and China as socialist economies there open up to foreign capital. Fahd al-Rashed, managing director of the Kuwait Investment Authority (KIA), said Kuwait was examining participation in
      Reuter  -  381 words
    • Article
      Lock icon UAE, Soviet Union sign economic accord
      144 5 AFP THE SOVIET UNION and the United Arab Emirates (UAE) have signed a memorandum of understanding on an economic, technical and trade accord. the official Emirates news agency WAM said on Monday. The memorandum was reached after four days of talks in Abu Dhabi
      AFP  -  144 words
    • Article
      Lock icon Manila orders transfer of Moscow staff
      128 5 AP THE PHILIPPINE GOVERNMENT has ordered all 14 embassy staffers in Moscow transferred as soon as possible following a rift over the future of the Philippine ambassador there, it was announced on Monday. Manuel Yan, undersecretary of the Department of Foreign Affairs, said replacements
      AP  -  128 words
    • Article
      Lock icon South Korean trade with communist countries increases 80pc
      260 5 AP TWO-WAY TRADE between South Korea and communist countries surged 79.8 per cent last year from 1987, thanks to government efforts to improve relations with the communist bloc, the Economic Planning Board reported yesterday. Officials said the two-way trade last year totalled
      AP  -  260 words
    • Article
      Lock icon China having trouble drafting good soldiers
      354 5 AP SCHIZOPHRENICS, deaf mutes and people who cannot read are being drafted by the Chinese military, threatening an ambitious programme to modernise China's armed forces, the nation's leading newspaper said on Monday. The People's Daily (Remin Ribao) said corrupt officials also have conscripted epileptics,
      AP  -  354 words
    • Article
      Lock icon Moscow clears Thai Airways over flights
      146 5 AFP MOSCOW has agreed to allow unlimited Thai Airways International flights over the Soviet Union en route to Europe, Radio Thailand said over the weekend. The agreement, expected to save fuel and time while shortening the Thai flag carrier's European routes when it goes
      AFP  -  146 words
    • Article
      Lock icon Intense lobbying in Sri Lanka for post of prime minister
      335 5 AFP INTENSE AND HECTIC lobbying is under way in the top rungs of Sri Lanka's ruling United National Party (UNP) for the post of prime minister, the number two slot in the government, political sources said. President Ranasinghe Premadasa avoided
      AFP  -  335 words
  • Page 5 Advertisements
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      243 5 The business person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22r05 hours and arriving at Lester B. Pearson International Airport the following day. CjII your Tn\e! Agent or.Mr Cauda Jt 7J*****. A BREATH OF FRESH AIR Si The British Council Business Communication Unit IMPROVING COMMUNICATION SKILLS
      243 words
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      192 5 sn msL m w ■4H* W< tcNEp y w 4* XV tr r> v. ■> v c. tr r r*. -~s Tlie only watch you'd wear when you decide to grab life by the wrist, and start calling. SOLE AGENT: W*r. 1.. *I* I *1* i\l SINGAPORE PTE LTD Authori
      192 words
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  • RST OF THE WORLD
    • Article
      Lock icon Lome Convention talks end with some results
      537 6 EC willing to rethink its hard line attitude on debts Reuter EUROPEAN COMMUNITY and Third World countries ended ministerial talks on a successor to the Lome Convention trade and aid treaty with few of their outstanding differences settled. But the EC and the
      Reuter  -  537 words
    • Article
      Lock icon Bonn favours tighter border control
      148 6 Reuter THE WEST GERMAN Interior Ministry favours tighter controls on external borders to compensate for the abolition of border controls between five European countries next year, a ministry spokesman said. Border controls between West Germany. France, Belgium, the Netherlands and Luxembourg are to be abolished
      Reuter  -  148 words
    • Article
      Lock icon EC approves trade talks with Poland and Bulgaria
      307 6 Reuter EUROPEAN COMMUNITY foreign ministers have given the go-ahead for the bloc to negotiate trade and cooperation accords with Poland and Bulgaria. Spanish Foreign Minister Francisco Fernandez Ordonez said. In a further sign of the EC's fast-developing diplomatic relations with Eastern European
      Reuter  -  307 words
    • Article
      Lock icon US urged to reshape aid plans drastically
      555 6 AP A US GOVERNMENT report released on Monday calls for a "radical reshaping'' of US foreign aid programmes because current aid concepts are based on a world that no longer exists. The report, issued by the administrator of the Agency for International Development,
      AP  -  555 words
    • Article
      Lock icon Kremlin endorses economic devolution
      314 6 Reuter THE KREMLIN has endorsed proposals to devolve some economic decision-making to the 15 constituent Soviet republics as part of an austerity package aimed at curing the country's serious economic and financial ills. In a report on a meeting of the Communist Party's ruling Politburo. the
      Reuter  -  314 words
    • Article
      Lock icon Armenian earthquake caused US$l6b damage
      320 6 Reuter THE EARTHQUAKE in Soviet Armenia last December caused 10 billion roubles (US$l6 billion) worth of damage, a major blow to the nation s economy, according to official figures released on Monday. A report by Armenia's Committee on Statistics, quoted by the official Tass news
      Reuter  -  320 words
    • Article
      Lock icon Dissident trials open in Prague
      155 6 AP THE FIRST major trials of East Bloc dissidents since new human rights accords took effect last month opened on Tuesday in Prague, with prominent playwright Vaclav Havel and eight other dissidents facing charges that could jail them for two years. Mr Havel is being
      AP  -  155 words
    • Article
      Lock icon Anglo-German summit skates around nuclear issue
      219 6 Reuter BRITISH and West German leaders in their first formal meeting for over two years have skated around the divisive issue of short-range nuclear weapons but agreed on a need for unity and a strong defence. Chancellor Helmut Kohl urged Prime Minister Margaret Thatcher
      Reuter  -  219 words
    • Article
      Lock icon Study uses beepers to delve into psyche of US students
      481 6 AP A STUDY in which US students carried electronic beepers and recorded their feelings when signalled has provided an unusual glimpse into the adolescent psyche, researchers say. University of Illinois and Loyola i University researchers gave beepers to 480 students
      AP  -  481 words
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      50 6 Doonesbury BY GARRY TRUDEAU ALSO, PIP I MENTION HIS MANNERS* 6EOR6E BUSH IS NCTHIN6 IF NOT ROUTE! MHO i AMONG US HAS NOT RECEDE? A NOTE FROM HIM AT ONE I WAT? HAM, ITS MONDAY. I zt m i «8 t md: 5? m mm® Yfs\ ar jn 7 lii
      50 words
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  • COMMODITIES
    • Article
      Lock icon KL Tin
      229 7 Reuter RENEWED strong demand mainly from Europe yesterday helped the Kuala Lumpur Tin Market price to surge 12 cents to a new three-year high of M 521.62 a kg after a brief correction on Monday, brokers said. News that LME stocks fell last week by 610 tonnes to
      Reuter  -  229 words
    • Article
      Palm Oil
      436 7 MALAYSIAN CRUDE PALM OIL FUTURES closed easier in fairly active trading on the Kuala Lumpur Commodity Exchange yesterday. Dealers said the market was affected by conflicting end-January stock figures released by the Palm Oil Registration and Licensing Authority (Porla) and figures compiled by refiners. They said Porla placed
      436 words
    • Article
      RAS and MRELB
      268 7 RAS prices In S cents/kg, FOB In b«lM NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 209.00 210.00N 205.00 206.00 Int 1 RSS Mar 89 210.00 211.00N 206.00 207.00 Int 1 RSS Apr 212.00 213.00N 207.50 208.50 Int 2 RSS OP 202.00 204.00N 199.00 201.00N
      268 words
    • Article
      SSR and SMR
      83 7 (cantt/kg) MARCH 1989 APRIL 1989 (curront month) (forward month) RAS NOON NOON tvy*r$ S*ll*ri tvyan S*U*TI SSB 20 193.50 I95.50N 193.50 195.50N SSB 50 191.50 193.50N 191.50 193.50N MRELB Buyan S«M«rt Svy«M S«41«ri SMR CV 316.50 318.SON 318.50 320.50N SMR I 314.50 316.50N 316.50 318. SON SMR
      83 words
    • Article
      Rubber
      366 7 SINGAPORE: Rubber prices yesterday ended sharply lower with March 1 RSS buyer quoted at 206 00 cents a kg. down five cents from Monday s close. Brokers said prices finished two cents lower in quiet morning trade due to a lack of fresh interest Values fell another four cents
      366 words
    • Article
      Lock icon Crude Oil and Products
      157 7 Telerate FUEL OIL PRICES moved steadily higher in Singapore. Traders said strong crude prices continued to provide support to current levels. A few sell indications for second-half March CST-180 lots were heard above US$75 per tonne fob Sing today. The fire at the Shell refinery has
      Telerate  -  157 words
    • Article
      Produce Prices
      236 7 Chinese Produce Exchange Sellort' noon dosing prices on Fob 21 (S$/100 kg) Coconut oil Bvfc FOB 108.00 Old drum FOB 118.00 Now drum FOB 122.00 Copro Mixad (loot*) 64.00 tailors Pepper "Vunro* wniTV FOB NIW 732.50 Sarawak whit* FOB foq NIW 722.50 Sarawak spodal blade FOB NIW 560.00
      236 words
    • Article
      London markets
      82 7 Sittltminl 1 Ton*-. So lot: Leaa Cmh 344.5/345J (337J/339.5) 3-mooOw 353.2 (345.5/34*) Sotttemam r 347 (343) Too*i Solo* (1985) Zinc High Grade Co#t 2000/3010 (1985/1990) 3-«nomta 1905/1908 (1885/1887) SowUmow r 2013 (1995) Too* Solo* (2875) Silver (USl/troy ounce; lots of 10,000) Corfi 588/591 (587/588) 3 -morttw 601/604 (599/601)
      82 words
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  • MONEY AND EXCHANGES
    • Article
      Japanese surplus funds 'will keep coming to S'pore'
      308 8  -  By DEXTER LEE ASEAN countries, particularly Singapore, will continue to attract Japanese export surplus funds as long as they are able to sustain their economic growth, said Mr YTabuchi, president of The Nomura Securities Co Ltd. Mr Tabuchi was speaking at a
      308 words
    • Article
      Precious Metals
      326 8 HONGKONG: Gold closed slightly firmer on light speculative buying by local investors, dealers said. They said trading was moderate and many traders took the opportunity to buy the metal because of the absence of news from New York on Monday. Bullion ended at U*****.60/383.10 an ounce against an
      326 words
    • Article
      Government securities market
      111 8 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****V 18.05.89 3.69 3.64 3.61 3.61 6 months BS89I00N 17.08.89 3.87 3.82 3.88 3.81 1 year BY*****H 23.11.89 3.93 3.88 3.91 3.90 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      111 words
    • Article
      Asian dollar market
      272 8 ASIAN DOLLAR deposit rates closed at their opening levels in quiet trade yesterday Dealers said most operators were sidelined ahead of US Federal Reserve chairman Alan Greenspan's congressional testimony yesterday and today Short-dates and term rates were mostly steady at the outset and remained unchanged thereafter. Tuesday/Wednesday
      272 words
    • Article, Illustration
      World interest rates
      188 8 Indicates the average of the prime lending rates of 12 major banks In S'pore Interbank market rates (offer/bid) on Feb 21 us$ DM SWFC Y«n 7 doyt 7/14 3/14 12 3/4 12 J/» 6-J7/I 3 3/4 S 3/4 4 7/14 3/14 1 m* 91/2 9 j/g 12
      188 words
    • Article
      Lock icon Simex
      452 8 BA Futures MARCH Eurodollar futures opened one tick higher than Monday's close at 90.10 on the Singapore International Monetary Exchange yesterday on higher cash bond prices after a firmer dollar Trading was dull and directionless ahead of Alan Greenspan s congressional testimony later last night The March contract traded
      BA Futures  -  452 words
    • Article
      Money markets
      58 8 THE OVERNIGHT rate on the Singapore money market fell by 1/4 point to close at 4-5/8 per cent yesterday. Term rates remained unchanged. S$ Interbank rates at the close yesterda Offfl 10 night 4 5/8 4 1/2 1-monMi 5 1/4 5 1/8 J-"#* 5 5/16 5 3/16 3-momh
      58 words
    • Article
      Forex markets
      1209 8 SINGAPORE: The US dollar ended firmer yesterday mainly on shortcovering interest ahead of US Federal Reserve Chairman Alan Greenspan s testimony before Congress later yesterday and today, dealers said. It closed at 127.10/20 yen against London's Monday 126.40/50 finish and at 1.8500/10 marks against 1.8430/40. Sterling ended lower
      1,209 words
    • Article
      Options
      325 8 CURRENCY FUTURES OPTIONS Apr 88 col Apr 88 puts Tuesday, DEUTSCHE MARK (SIMEX) Feb 21, 1989 79 81 High Low S6A Son 55 High 638 Low Son 64 SI S3 53 54 ss 56 Mor High 88 col Low II7A 48A ISA 4A is Son 114 46 13 3
      325 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      210 8 The US markets were closed on Monday The signs of worldwide success Communications Technology by SEL X if i/ Standard Elektrik Lorenz AG (SEL) is a name that for over 100 years now has been a synonym for leadership and progress in the fields of telecommunications, business communications and electronic
      210 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Swiss banks slowly opening their books
      668 9 FT THE DECISION by Union Bank of Switzerland last week to lift the veil concealing the losses of its London securities operations was welcomed by analysts as a move by the notoriously secretive Swiss towards greater disclosure. But it also provided an indication of
      FT  -  668 words
    • Article, Illustration
      Lock icon Enforce terms strictly, World Bank urged
      457 9 Reuter THE WORLD BANK may lose its credibility unless it enforces loan conditions more strictly, a report by the bank's research staff said. The report recommended that the bank set fewer, more realistic conditions on poli-cy-adjustment loans but be tougher in ensuring they are
      Reuter  -  457 words
    • Article
      Four institutions sign syndicated loan for Chinese hotel company
      193 9 FOUR financial institutions, led by the Singapore branch of Bank of China, yesterday signed a syndicated loan of US$lB million for Beijing Garden Court Hotel Ltd. Mr Min You Chi, deputy general manager of Bank of China's branch here, said the
      193 words
    • Article
      Lock icon Malaysian mortgage bonds being dumped
      450 9 Reuter RISING interest rates are causing many financial institutions and corporate investors to dump bonds issued by Malaysia s national mortgage firm Cagamas Bhd, dealers say. The value of Msloo Cagamas bonds has fallen to Ms 99 from around Mslo2 in January due to selling
      Reuter  -  450 words
    • Article
      Lock icon Argentina takes fresh measures to revive economy
      240 9 Reuter ARGENTINA said the austral currency would be devalued by 7 per cent during March and the price of public services and utilities would rise by 8 per cent next month, the latest steps to boost the economy and fight resurgent inflation. The
      Reuter  -  240 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      101 9 r# FOR SALE BY AUCTION THE PRESIDENT HOTEL and SHOPPING CENTRE HH To be held on Tuesday, 21 March 1989 2.30 pm f at the Regal Room 2nd level, Dynasty Hotel Orchard Road, Singapore. Freehold hotel shopping complex 5 storey podium block with approximately 51,000 sq ft of shops Car
      101 words
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      Page 9 Advertisements Column 2
      253 9 r >2 01 >—Mil no •HC ?or: AC 2?C ?*T: m SaR Hfeßl i liTiMitf liArfi Ift In 1 Style and substance r>_:__ ..t.j il_ in r> .< u i*> ui i *1 New Mazda 626 Being voted the Best Car of the World' by the Germans* is indeed an
      253 words
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  • FOCUS
    • Article, Illustration
      Lock icon The Satanic Verses: the chasm widens
      909 10 The reaction to Salman Rushdie's The Satanic Verses began with quiet localised protests and a ban on the book in many countries. The issue then became politicised and violent, as in Pakistan. With the entry of Iran's spiritual leader Ayatollah Khomeini into the fray
      AP  -  909 words
    • Article, Illustration
      Lock icon Religious faith v secular pluralism
      726 10 NYT THE GAP IN understanding between a resurgent, faith-filled Islam and a secular, pluralist West became a yawning chasm last week when accusations that Salman Rushdie's The Satanic Verses was blasphemous led to riots and deaths in Pakistan and India, huge demonstrations in Iran and
      NYT  -  726 words
    • Article
      Lock icon Outburst in Pakistan could turn into a political threat against Bhutto
      836 10 NYT PAKISTAN'S Prime Minister Bena2ir Bhutto should have come back from her first official visit abroad last week to a welcoming crowd. Instead, arriving from China, she walked into a barrage of questions from reporters about the most violent
      NYT  -  836 words
    • Article, Illustration
      Lock icon Furore underlines a schism in values that dates back to the crusades
      625 10 NYT IN The Divine Comedy, the Florentine poet Dante Alighieri consigned Mohammed, the founder of Islam, to the ninth circle of the inferno along with other "sowers of schism and discord". In 1095, a few centuries before Dante
      NYT  -  625 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      297 10 With most people, optimal performance happens by chance. With Peak Performers. Excellence is by choice.' Peak Performance for Men a workshop on optimal selfmanagement with behavioural excellence. Peak Performers are very important to any organisation. They can be spotted by their receptivity when learning a new skill, aggressiveness when confronted
      297 words
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      Page 10 Advertisements Column 2
      74 10 FAS'IHRXCARJ'I'iS Specialists m Fine Hand-knaaed Carpels {•is. fate k *r eT* *a. i Sunday, Feb 26, 1989 Grand Ballroom Hilton International Singapore 120 Tribal And Fine Oriental Carpets Rugs Viewing: 10am Ipm Auction Sale: 1.30pm spm All lots are guaranteed and backed by a full trade in value at our
      74 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      431 11 Good ideas keep coming up Team up with the winning force in fax r-/' i jfi, v meon w?, Vfc n v sx- -t£ dHkrt&dSMf K$ S*sm Mt a* &h %jm&mm ■>* Or'' ft'8i «MT m tt* 966 n •<*: m V m 1?: m jSHfe J ->: :«s n
      431 words
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  • PERSPECTIVE
    • Article
      SNIC's reasons not convincing
      510 12 AIR FARES are taking off again. From next month, the minimum air fares from Singapore to cities in Asia and Europe will soar by between $45 and $350. These increases have been imposed by a group of 18 major airlines the Singapore National Intra-Orient Committee (SNIC).
      510 words
    • Article, Illustration
      Reaching out to the world
      1746 12  -  In 1879, three years after Alexander Graham Bell invented the telephone, Singapore had its first private telephone switchboard installed by a Mr Bennet Pell. Today, Singapore Telecom provides telecommunications services comparable to those found in the most advanced countries. So where do we go from
      1,746 words
    • Article, Illustration
      Lock icon Something old, something new for Hirohito's tomb
      432 13 AFP AMONG rolling hills on the outskirts of modern Tokyo, workers are putting finishing touches on emperor Hirohito's tomb using a combination of modern tools and ancient traditions. For 62 years, the Musashi-kyu imperial tombs, 50 km from the heart of Tokyo, have
      AFP  -  432 words
    • Article, Illustration
      Lock icon Japan tries adjusting to new role
      1027 13  -  By ELAINE KURTENBACH AP WHEN 154 foreign delegations including some of the world s top leaders gather this week for Emperor Hirohito's funeral, their very presence will be testimony to Japan's towering importance in the world. The Japanese themselves, however, view their accomplishments with
      AP  -  1,027 words
    • Article, Illustration
      Rajiv Gandhi comes face to face with Judgement Year
      1052 13  -  By SHIRISH NADKARNI, AJIT AGHARKAR MORE THAN four years have elapsed since Rajiv Gandhi became Prime Minister of India following the assassination of his mother, Indira Gandhi. Much water has passed under the bridge on the Indian economic front. The course
      1,052 words
  • Page 12 Advertisements
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      252 12 V > > V out tlu ,U* tvm 11^ 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 WILL RECEIVE m S5. SUBSCRIPTION /RENEWAL FORM. (Subscription/renewal
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      36 12 If grj lpov chaster-Pcrrv is\ (r,je oxFAm shop is in "H4e MEUJO SIR ffee.lNP>LD\ leficXT VHIGH STfeesT cnesra?-Pa?RV's Roas)\ Rovce u>HP(T's going ;V" ONT zl_- V ujHpiT ON CFM*T>T^RS: DO'NG UM"I>»IS NE.CK VoF -me woods _1i
      36 words
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      86 13 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way every Tuesday in BT BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, tennis, bowling, etc.
      86 words
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  • LEISURE
    • Article, Illustration
      Lock icon A corner of Burma unveiled
      765 14 PURSUITS Reuter IF THERE IS a place in Heaven for weekend golfers, it must be Maymyo. Drives at this course in Burma's Shan Hills somehow never end up in the rough. Every shot lands in the best possible lie. If a ball does plop into
      Reuter  -  765 words
    • Article, Illustration
      Lock icon A prodigious savant
      533 15 PERSONALITIES AP WHEN SCREENWRITER Barry Morrow first met Kim, his original model for the central character in Rain Man, Kim already knew Morrow's past and present phone numbers and the number of freeway exits to his house. They met in Texas where Kim and his father, Fran,
      AP  -  533 words
    • Article
      Lock icon Britain nets the nymphs
      280 15 TELEVISION AFP BRITISH TELEVISION made a good haul of prizes in Monte Carlo last week at the closing of the 29th International Television Festival of Monte Carlo, taking two "Gold Nymphs" (against one for Italy) and four "Silver Nymphs". Observers said the British supremacy was due
      AFP  -  280 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      785 14 m POMMERY Where to entertain ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES. PAIM For between $26++ and $40+ you can select from our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main
      785 words
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      Page 14 Advertisements Column 2
      177 14 Irs o (evolution in Russian cuisine M gyp _:I4ZL. ft kil sSk ukThe Belvedere's famed international buffets turn Russian this month, bringing you the romantic flavours of Red Square. Savour Eggs filled with Red Caviar, Dill and Paprika Prawns, Bef Stroganov, Shashlyk,. Liulia Kebab, Aleksander Torte, Charlottka there are over
      177 words
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      Page 15 Advertisements Column 1
      252 15 I 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 the best
      252 words
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      Page 15 Advertisements Column 2
      78 15 Wine Dine with the Best Pommery Brut Royal was judged to be the best of the nonvintage cuvees sampled at' Wine Dine' Magazine s 3rd Bi-annual Champagne Tasting. "Best bubbles freshest lovely, elegant, classy "Bright yellow, very active bubbles, rich, classic lime nose, very fine, elegant, well-balanced, clean finish, /o»g
      78 words
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      Page 15 Advertisements Column 3
      78 15 SOME THINGS NEVER CHANGE.. like romancing, candle-light dinners and good old-fashioned dancing especially cha-cha. tango, foxtrot, samba.waltz, the list goes on At the Hearthrob yon can relive those magic moments of yesterday and (who knows 9 maybe create new ones Happy Hours Daily from spm to Bpm Buy one loose
      78 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      660 15 CRYPTIC PUZZLE ACROSS 1 In cushioned home surroundings. the French appeal (5) 6 Roguish container tor tea? (5) 9 Inadequate sort of tellow on the rugby field? (4. 3) 10 Figure in service as a labourer (5) 11 Boys in blue (S) 12 Many a man will address her thus
      660 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1366 15 TV and RADIO The mystery behind the zebra's stripes I iB f 1 i U I I AV I I A a vr V/ s* From Aardvarfc To Zobra Of//? C//0/C£ THE NATURAL WORLD "From Aardvark to Zebra" 9.30pm, Channel 12 Why are zebras striped? To make road-crossing easier for
      1,366 words
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  • SPORTS
    • Article, Illustration
      Not exactly plain sailing for Yoo Jin Sun
      637 16  -  TENNIS By WALTON MORAIS STRUGGLING with the lights, a forced change of rackets and concentration problems, third seeded Korean Yoo Jin Sun had to save two set points in the first set before rolling past Filipino Danilo Pila in the US$lOO,OOO Tiger
      637 words
    • Article, Illustration
      Lock icon Becker aims for the top spot
      462 16 AP BORIS BECKER said he's made a first step towards trying to regain the world s No 1 tennis ranking. On Sunday, the 21-year-old West German won his 20th tournament singles final in Milan. Becker, ranked fourth in the world, said it will be
      AP  -  462 words
    • Article, Illustration
      Two surprise wins in two rounds
      390 16  -  CHESS By DEXTER LEE UNDERDOGS RULE at the allgrandmaster Ciudad de Linares chess tournament being held in Linares. Spain so far at least. In the first round, played last Sunday, Soviet grandmaster Anatoli Karpov, ranked second in the world, stunned players and spectators alike
      390 words
    • Article
      Lock icon Paloheimo advances in Ebel championship
      208 16 UPI VELI PALOHEIMO of Finland advanced on Monday to the second round of the US$6OO,OOO Ebel US Pro Indoor Tennis Championship by defeating Simon Youl of Australia, 6-4 6-4. Paloheimo, a four-time winner of his country's national title, won the first set in the 10th
      UPI  -  208 words
    • Article
      Lock icon Watch out world, Alex Stewart is in the ring
      482 16 BOXING AP MOVE OVER Mike Tyson, make way Frank Bruno. Alex Stewart is gunning for both of you. Alex who? Stewart, a 24-year-old Briton based in New York, notched his 20th straight professional knockout last Saturday night, fighting on the undercard
      AP  -  482 words
    • Article
      Lock icon Andries, Willis to fight for vacant title
      318 16 Reuter BRITAIN'S former World Boxing Council (WBC) light-heavyweight champion Oennis Andries was attempting to regain the vacant crown yesterday while admitting his eye was also on the prospect of a lucrative future title fight. Andries, who was to face unbeaten Tony Willis of
      Reuter  -  318 words
    • Article, Illustration
      Lock icon Europe gears up for Ryder Cup competition
      669 16 GOLF Reuter lAN WOOSNAM, the world's top golfer in 1987, is the player in the spotlight as the scramble for Ryder Cup points and a place in Europe's team to face the US in September begins this week. A season which will reach
      Reuter  -  669 words
    • Article, Illustration
      Lock icon A hand, a backslap and a grin
      488 16 SKIING AP THE PRIZES he'll perhaps treasure most were given to Ingemar Stenmark only a few seconds after his 86th skiing victory. There was a handshake and smile from Switzerland's Martin Hangl, a pat on the back from Italy's Alberto Tomba, a head
      AP  -  488 words
    • Article
      Lock icon Two world-bests, one disappointment
      214 16 MARATHONS AP DICK TOUT and Eleanor Adams were celebrating new ultra-mar-athon world indoor bests on Monday. But for Greece's Yiannis Kouros, there was only disappointment. New Zealander Tout, who came all the way from Auckland, led from start to finish to set a world best distance
      AP  -  214 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Three-cornered battle for SSMC continues
      525 17 n mm™ HOCK LOCK SIEW SUDDENLY, everyone's making a pitch for the Singer brand name. The first contender was Macau casino millionaire Stanley Ho who said he was willing to buy US-based SSMC Inc which holds the Singer sewing machine franchise, among other things for
      HOCK LOCK SIEW  -  525 words
    • Article
      Lock icon Maybank expects group profits to improve
      375 17 Reuter MALAYAN BANKING Bhd (Maybank), one of the two largest local banks in Malaysia, is expecting group profits for the year ending June 30 to improve after last year's sharp downturn. "Our group profits should be higher this year," Ahmad Mohd Don, Maybank's executive
      Reuter  -  375 words
    • Article
      Vincent Tan plans group to rival offer for SSMC
      348 17 MALAYSIAN businessman Vincent Tan, who heads the Ra-leigh-Berjaya-Sports Toto group, is forming an investor group with interests from the United States, Malaysia and Hongkong to bid for control of the US company, SSMC Inc. According to reports originating in Hongkong, more
      348 words
    • Article
      LATEST RESULTS
      117 17 TRONOH MINES Malaysia Bhd: Group profit after tax and minorities of M 53.72 million ($2.05 million) on turnover of $9.02 million ($10.03 million) and investment income of $3.49 million ($3.64 million) for the year ended Dec 31. 1988. EPS is 36 cents (20 cents). A second interim dividend
      117 words
    • Article
      Stockbrokers expand across the Causeway
      422 17  -  Firms attracted by improving Malaysian economy By MAGDALENE NG SEVERAL stockbroking firms are expanding across the Causeway to take advantage of the improving Malaysian economy and to hedge against a possible split of the Kuala Lumpur and Singapore stock exchanges. These firms, both local and
      422 words
    • Article
      United International Securities proposes one-for-five bonus issue
      405 17  -  By ELAINE KOH UNITED INTERNATIONAL Securities Ltd, the closed-end investment trust of the United Overseas Bank group, has proposed a one-for-five bonus issue, on the back of a stronger set of year-end results released yesterday. An announcement from UIS said that $11 million
      405 words
    • Article, Illustration
      Shaw secures control over TVB group with shares bought from Robert Kuok
      387 17  -  By FOO CHOY PENG MOVIE MOGUL Sir Run Run Shaw has emerged as the largest shareholder of the Television Broadcasts group of companies, following a deal to buy over more TVB shares from his longtime business associate, Robert
      387 words
    • Article, Illustration
      'Shares would not have traded below asset value'
      254 17  -  Insider trading Tirid ALLAN NG NG SOO PENG, the prosecution's expert witness, said in court yesterday that if it was generally Known that Sealion Hotels Ltd shares were likely to be relisted soon, it was likely that the shares would not have
      254 words
    • Article
      Lock icon Kesang strikes gold in the Philippines
      139 17 MBT ECONOMIC quantities of gold reserves have been discovered by Kesang Corp in its gold-mining venture in the Philippines. The gold deposits were found in the three areas that were earlier assessed and evaluated by Kesang Corps joint-venture partner Avantgarde Mining Corp. These areas
      MBT  -  139 words
    • SES
      • Article, Illustration
        Wing Tai's strong debut brightens otherwise featureless market
        812 18  -  By MICHELLE OH NEWLY-LISTED Wing Tai brought some fanfare to an otherwise quiet and featureless stock market yesterday. Wing Tai, the first company to be listed on the stock exchange this year, saw more than 16.5 million shares changing hands. This accounted
        812 words
      • Article
        COMPANY MEETINGS
        94 18 WEARNE BROTHERS LIMITED: 74th AGM at OCBC Centre, 65 Chulia Street #19-00, Singapore 0104, today at 10.30 am. THE HEW STRAITS TIMES PRESS (MALAYSIA) BERHAO: 17th AGM at the Theatrette of the company, Balai Berita, 31 Jalan Riong, ***** Kuala Lumpur on Saturday, Feb 25. at 11.00 am.
        94 words
      • Article
        Unit trusts
        325 18 Managers' prices UOB Management for Feb 22 Un«tund 103 103 Unibond 100 1025 Singapore Unit Trust MARA-Bumiputra The Commerce 03 1 09 First B'putra 700 70S The Savings Fund 091 096 Second B'putra 632 637 S'pore Prog Fund 0 *0 044 Third B'putra 470 4 7S S'pore Sec
        325 words
      • Article
        APPROVED ISSUES
        167 18 Company RIGHTS ISSUE General Corp $49 204 934 nomino) amount of 6% Convertible Unsecured loon Stock 1966/93 on the bout of %2 nominol amount ol loon stocks tor every 5 GCB i*or« ol $1 eoch or $3 nominal amount of CUlS 1966/93 (or every $7 so nominal amount
        167 words
      • Article
        PROPOSED ISSUES
        319 18 Company RIGHTS ISSUE Ayer Hitofn Tin One lor one $1 10 per share Berjoya Corpn One lor one $1 00 por per store C 1 Holdings 27 million loon stocks in (he ratio ot $3 loon stock tor every live ordinory shores held Causeway Inv Issue o! $7,252,937
        319 words
      • Article
        SES SHARE INFORMATION
        5863 18 1988/89 Tel Last Vol Day Last Quote ur t DIv DIv Gr s Y'ld Net M Cap High LOW Code Company Sale cr(000) High Low Buyer Seller C'vr P/E $mll FEB 21 SESDAQ 187 114 t 4000 Amtek Eng 20c 131 unch 8 131 131 131 132
        5,863 words
    • KLSE
      • Article, Illustration
        KL market edges up
        3495 19 SHARE PRICES overcame a weak start to close mixed again on the Kuala Lumpur stock markets yesterday. Early sentiment was gloomy but livened up in the afternoon. Initially, it appeared that the market was headed for another day of losses. After opening around overnight levels, share
        3,495 words
    • REGIONAL MARKETS
      • Article
        Lock icon Takeovers sweep Indian business
        694 20 New breed of tycoons changing corporate scene AFP TAKEOVERS and mergers are sweeping the Indian corporate world, stormed by a young and aggressive breed of tycoons who are drastically altering the country's business profile. Three leading companies have changed hands since the start of this year,
        AFP  -  694 words
      • Article
        Lock icon NZI Corp considers redress on suspension
        240 20 Reuter NZI CORP Ltd is considering legal redress on the suspension of its shares by the New Zealand Stock Exchange yesterday morning. NZI said in a statement it considered the action to be the "most irresponsible action imaginable." NZI managing director Harry Kember said
        Reuter  -  240 words
      • Article
        Lock icon Toray to pay £25m for Samuel Courtauld
        186 20 UPI TORAY INDUSTRIES Ltd, Japan's top synthetic fibre maker, has agreed to acquire Samuel Courtauld of Britain for £25 million (about US$46 million) to strengthen its business in Europe. The Tokyo-based company said the British firm will be renamed Toray Textiles Europe Ltd
        UPI  -  186 words
      • Article
        Lock icon Highway bids
        69 20 Reuter TWO SOUTH KOREAN construction firms have applied to bid for a part of the 1.15 trillion yen Trans-Tokyo Bay highway project, an official of the Trans-ToKyo Bay Highway Corp has revealed. The two are Hyundai Corp's Hyundai Engineering and Construction Co and Samsung Co Ltd's Samsung Construction
        Reuter  -  69 words
      • Article, Illustration
        Lock icon Stocks fall sharply
        572 20 Tokyo Reuter TOKYO share prices reversed early small gains to close sharply lower yesterday, brokers said. They noted that prices had risen strongly of late, and investors decided yesterday was a good time to take profits ahead of the end of the month and Emperor's Hirohito's funeral
        Reuter  -  572 words
      • Article, Illustration
        Lock icon Gains consolidated
        540 20 Australia Reuter THE AUSTRALIAN share market consolidated gains in Monday's 24-point surge and closed higher in reasonable volumes yesterday, brokers said. They noted that the market fell back after early gains resulting from strong offshore buying interest in resource stocks. "It was a case of having a huge
        Reuter  -  540 words
      • Article, Illustration
        Prices fall after volatile trading
        1412 20 Hongkong HONGKONG share prices fell back yesterday afternoon following a morning of see-saw trade. The Hang Seng index fell 9.2 points to 3,150.64, well below a day high of 3,186 hit in early trade. The Hong Kong index ended 6.74 points lower at 2,080 99
        1,412 words
      • Article
        Lock icon Bangkok: Index up
        170 20 Reuter THE SECURITIES Exchange of Thailand Index rose 4.29 points to 443.28 yesterday on a turnover of 10,039,503 shares worth 753.02 million baht. FEB >1 BAHT Ao Kham Thai 436 2 Ayudhya InvMtmam 30 unch Bangkok Aground Bangkok dank 116 269 +1 f4 Bank Ot Ayudhya 360
        Reuter  -  170 words
      • Article
        Lock icon Taipei: Profit-taking
        456 20 Reuter A LAST-MINUTE round of profit-taking drove the Taiwan stock index lower yesterday as small investors remained nervous in the face of strong selling pressure, dealers said. The weighted index dropped 14.65 points, or 0.2 per cent, to end at 6.797.07 against Monday's 6,811.72 finish. Turnover was NT546.28
        Reuter  -  456 words
      • Article
        Lock icon Manila: Shares rebound
        103 20 Reuter MANILA share prices rebounded slightly yesterday from Monday's fall and ended higher on the back of firmer London copper market prices, brokers said. They said the local share market had been waiting for an incentive to buy and a chance to recover from previous losses "When
        Reuter  -  103 words
      • Article
        Lock icon Bombay: Mixed close
        178 20 Reuter BOMBAY share prices closed mixed on alternate bouts of speculative buying and selling after the market opened bullish yesterday. Brokers said the presence of state-owned financial institutions boosted the market at the beginning but profit-taking held the upper hand at the close after institutional buying slackened.
        Reuter  -  178 words
      • Article
        Lock icon Seoul: Quieter trading
        187 20 Reuter SEOUL STOCKS continued their rise in quieter trading yesterday as individual buyers balanced selling from the institutions, brokers said. The market composite stock index closed 2.82 points higher at 917.70. Turnover was a moderate 337.0 billion won against 367.8 billion on Monday. Financials and banking accounted
        Reuter  -  187 words
      • Article
        Lock icon New Zealand: further plunge
        162 20 Reuter THE NEW ZEALAND share market took another giant leap downwards yesterday in reaction to the news late on Monday of NZI Corps NZ5202.44 million consolidated loss for the nine months to December. NZI was suspended at the opening following exchange uncertainty about a scrapped rights
        Reuter  -  162 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Equities mixed at opening
        911 21 London Reuter LONDON share prices turned mixed at the official opening yesterday, after an initial mark-up. with some investors taking profits after Monday s sharp rise, dealers said. A steep decline in Tokyo, ahead of Emperor Hirohito's funeral on Friday, had little effect on sentiment but
        Reuter  -  911 words
      • Article, Illustration
        Lock icon Another difficult year ahead expected for BP and Shell
        524 21 Reuter BRITISH oil majors BP and Shell will have difficulty pushing up earnings and share prices this year after a largely flat 1988, though firmer crude prices have provided a hint of optimism, UK share analysts said. The outlook for oil
        Reuter  -  524 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1489 21 Reuter ZURICH: Swiss share prices closed little changed on low volume yesterday, with blue chips barely steady and marginal gains in registered shares. Trading was quiet with investors cautious due to lack of fresh factors and the absence of a lead from the New York stock market
        Reuter  -  1,489 words
      • Article
        Lock icon ICI expected to report higher profit of £1.4 billion for 1988
        372 21 Reuter IMPERIAL Chemical Industries pic will tomorrow report 1988 pre-tax profits near £1.4 billion against £1.3 billion the previous year, snd earnings per share ot 130p-131p, analysts said. This reflects a good year throughout the chemical industry. "The final
        Reuter  -  372 words
      • Article
        Lock icon Minorco expects £1.5b from Cons Gold sale
        654 21 Plan to sell assets to finance acquisition Reuter MINERALS and Resources Corp Ltd is expected to eliminate its acquisition debt through the sale of assets of Consolidated Gold Fields pic if its renewed bid for the British mining company is successful. Minorco chairman
        Reuter  -  654 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      141 17 MCA NYMEX energy options |A| The Oil Simulation Game Special Introductory Offer to celebrate SIMEX's launch of their Oil Futures Contract $185 Only* Play The Game And Learn To Trade Oil Futures Without Losing A Dollar NEO is an authentic energy market simulator with historical price patterns, trading strategies, with
      141 words
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      Page 17 Advertisements Column 2
      49 17 Financial Newsmakers AEROLEASING FAR EAST ANYTIME, ANYWHERE, YOUR PRIVATE JET IN ASIA. CALL 24 HOURS A DAY FOR CHARTER 733 5324, 733 5334 Europe's No. 1 Air-taxi charterer is now operating from Singapore. AEROLEASING FAR EAST PTE LTD 20 Kramat Lane #04-07 United House Singapore 0922 Fax: 733 5339.
      49 words
  • Page 17 Miscellaneous
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      173 20 Commodity Exchange, Inc. COM6X The world's most active metals exchange is pleased to announce the appointment of Alain Farhi Comhedge (Re.) Ltd. Robina House, #11-04 1 Shenton Way, Singapore 0106 Telephone (65) 222 8115 Facsimile: (65) 222 1411 as its marketing agent for the Asia Pacific Region Four World Trade
      173 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      0 21 >+~{"[)`}+;"?{}%(^>=~&;^+"~~<"@
      0 words
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      Page 21 Advertisements Column 2
      5 21 Vienna prlcaa wara not available
      5 words
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      Page 21 Advertisements Column 3
      322 21 EXIAN TRADING PTE LTD (In Voluntary Liquidation) (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50) that the Final General Meeting of the Members of tha ■bovena mad Company will be held at the office of M/s L C Loong
      322 words
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      Page 21 Advertisements Column 4
      256 21 NOTICES THE COMPANIES ACT. CAP. 80 ES CONSULTANTS PTE LTD (In Members' Voluntary Winding Up) At an extraordinary general meeting of the Company held at 21 Southwlck Street, Southwlck, West Sussex BN4 4AD, England on 20th February. 1988, the following special resolutions were passed: (A) That the Company be wound
      256 words
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      Page 21 Advertisements Column 5
      464 21 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 PROJECTAR CONSULTANCY SERVICES PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary Oeneral Meeting of the Company convened and held at 36 Robinson Road, #17-00 City House, Singapore 0106 on February 14, 1969, the following special resolution was duly passed: *That the
      464 words
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      Page 21 Advertisements Column 6
      641 21 PFOERTZSCH ENTERPRISES PTE LTD (In Members 1 Voluntary Wlndlne-Up) NOTICE IS HEREBY OVEN met el en Extraordinary Generel Meeting of Ptoertzach Enterpnees Pie Ltd. duly convened and held el 36 Robineon Road #06-01 City Houee. Singapore 0106, on 17 February '969 the toaowring resolutions were duly peseed at— SPECIAL RESOLUTION
      641 words
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      Page 21 Advertisements Column 7
      702 21 LAE WOH COMPANY (PRIVATE) LIMITED (In Voluntary Liquidation) (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50) that the Final General Meeting of the Members of the abovenamed Company will be held at the office of M/s L C Loong
      702 words
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  • Article, Illustration
    Movie glitz and glamour making its way to Jurong
    620 22  -  By LEE HAN SHIH HONGKONG entrepreneur Deacon Chiu, whose life history is as colourful as that of any movie character, plans to produce an average of three films a year in Singapore. The movies will be produced in the studios of
    620 words
  • Article
    Lock icon S Korea agrees to tourist project in North
    226 22 Reuter SOUTH KOREA will back a Seoul tycoon's agreement to build a tourist resort in the North, which would be the first inter-Korean joint venture. Prime Minister Kang Young-hoon said yesterday. Speaking at a news conference, Mr Kang, however, strongly hinted that
    Reuter  -  226 words
  • Article
    Lock icon JAL to cut fares ahead of schedule
    169 22 AFP JAPAN AIR LINES will begin to cut fares on international flights in the autumn, well ahead of schedule. The first round of cuts, originally scheduled for March 1990, will eliminate the price difference in tickets on Japan-Europe and Japan-Asia routes caused by
    AFP  -  169 words
  • Article
    Lock icon Iran recalls envoys from EC
    97 22 Reuter IRAN slammed the European Community yesterday for withdrawing its diplomats from Teheran and announced a tit-for-tat recall of its own envoys. Parliamentary Speaker Ali Akbar Hashemi Rafsanjani said that the EC's decision to withdraw its diplomats because of Iranian death threats against Salman Rushdie
    Reuter  -  97 words
  • Article
    Tradewinds starts flying to Thailand
    390 22  -  By DAVID CHEW SINGAPORE is helping to promote tourism in Thailand with the official launching of flights to three prominent Thai provincial capitals by its second airline, Tradewinds. The flights, which began yesterday, will mainly cater to tourists visiting Thailand and business-men-tourists leaving Thailand for
    390 words
  • Article
    'Next century will not belong to Asia-Pacific'
    365 22  -  By FOO CHOY PENG THE OFT-REPEATED statement that the next century will belong to the Asia-Pacific was dismissed by the chairman of Merrill Lynch Asia Pacific at an international conference held in Hongkong yesterday. While conceding that the Asia-Pacific would develop into a
    365 words
  • Article
    Lock icon Americans see Japan as leading economic power
    377 22 AFP UPI MOST AMERICANS believe that Japan has become the world's leading economic power and nearly two-thirds say that the US should restrict Japanese imports. according to an opinion poll. The survey, commissioned by the Washington Post and ABC News and published yesterday,
    AFP; UPI  -  377 words
  • Article
    Lock icon Comex gold
    83 22 Reuter COMEX GOLD futures firmed early on bargain hunting demand yesterday amid a sentiment that last Friday's selling to the lowest since mid-1986, was exaggerated. Traders were encouraged by reports that Far Eastern investors had re-emerged as buyers. April gold was ahead US$2.4O at U*****.70 an ounce, bouncing
    Reuter  -  83 words
  • LATE FILE
    • Article
      Lock icon US$2m line for Southern Bank
      36 22 AFP The Asian Development Bank (ADB) has approved a US$2 million line of equity to Southern Bank Berhad a medium-sized commercial bank in Malaysia, ADB headquarters in Manila said yesterday. AFP
      AFP  -  36 words
    • Article
      Lock icon Musa applies to rejoin Umno
      41 22 Bernama FORMER deputy prime minister Datuk Musa Hitam yesterday handed over his application form to rejoin Umno and paid his Msl subscription, ending questions about his compliance with the "technicality" necessary for registering party members. Bernama
      Bernama  -  41 words
    • Article
      Lock icon Nakasone to testify on scandal
      34 22 AP FORMER Prime Minister Yasuhiro Nakasone has said he would testify in Parliament regarding his role in a major stock-profiteering scandal, but denied any involvement in the affair. AP
      AP  -  34 words
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      Lock icon Court postpones application
      57 22 Bernama AN APPLICATION by Bank Bumiputra for directions relating to the auction of the Umno HO, the Putra World Trade Centre and the land on which they stand was yesterday postponed to Feb 28 to give time to former deputy prime minister Datuk Musa Hitam to study
      Bernama  -  57 words
    • Article
      Lock icon 30 injured in shipyard violence
      33 22 Reuter AT LEAST 30 workers were hurt at South Korea s biggest shipbuilder yesterday when strikers clashed with fellow workers opposed to the stoppage, company officials said. Reuter
      Reuter  -  33 words
    • Article
      Lock icon Perak to tighten land rules
      38 22 Bernama THE PERAK government will tighten regulations on the transfer of ownership of Malay reserve land and agricultural land to prevent indiscriminate sales, Mentri Besar Oatuk Seri Ramli Ngah Talib said yesterday. Ber-
      Bernama  -  38 words
    • Article
      Lock icon 'China must be vigilant'
      29 22 AFP CHINA must remain vigilant against separatism, a senior Chinese Communist Party member said, as the Hongkong press reported renewed pro-independence activity in Tibet. AFP
      AFP  -  29 words
    • Article
      Military cargo jet crashes at Eglin
      42 22 A C-141 MILITARY cargo jet with eight people aboard crashed in a heavily wooded and swampy area of Eglin Air Force Base on Monday night while attempting to land. There were no immediate reports of -jrvivors.
      42 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      212 22 HEALTH S REGENT HEALTH SPA m fit B6 TEL: *****68 (5 Lines) We are the same team trom EMPRESS HEALTH CENTRE with great differences Massage Hot/Cold Pools Sauna Bath Gymnasium Steam Bath Hair Saloon TV/Coftee lounge Business Hours: 10.30 am 11.00pm Ample Parking Lots Available T AGt?/\ e pu^ c
      212 words
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      Page 22 Advertisements Column 2
      15 22 South Korean trad* with communist countries up 79.8 per cent, PAGE 5 FOCUS, PAGE 10
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      Page 22 Advertisements Column 3
      3 22 Leader, PAGE 12
      3 words
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      Page 22 Advertisements Column 4
      155 22 Japan trie# adjusting to new role, PAGE 13 Tha silver report was not available at press-time. QUALITY BEFORE YOUR EYES'ivmus rifiiiiillllilU ;*§r i%i t /i ;I < i I Ifif I I j ii//'/ i'/ i i hi U //i/ I i < i 1 I i i h i
      155 words
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  • SHIPPING TIMES
    • Article
      FMC likely to approve box capacity plan
      129 23 THE UNITED States Federal Maritime Commission is likely to approve next month the Trans-Pa-cific Stability Agreement's plan to freeze container capacity in the trade, says a report in the South China Morning Post. The 13-member agreement intends to keep capacity at last year's
      129 words
    • Article
      Anera offering incentive to contract customers
      374 23  -  A 10-day grace period will be given By LINDA CHEE AS THE March 1 general rate increase approaches, the Asia North America Eastbound Rate Agreement (Anera) is offering a special rate incentive to contract customers in the trans-Pacific trade. A 10-day grace period will
      374 words
    • Article
      Ned EAC launches training programme for employees
      338 23  -  By RAHfTA ELIAS Nedlloyd EAC Agencies has launched a total training programme called the "Workers' Training Plan" for all its employees. The major investment, of an undisclosed amount, makes it the first shipping company in Singapore to embark on such a comprehensive scheme.
      338 words
    • Article
      Lock icon Huge tankers return to slow steaming
      340 23 Lloyd's List LARGE tankers have gone to the slow steaming familiar during the mid-1980s slump. While there is not as much urgency to reduce speeds as in the days of dear bunkers, but operators are still able to make important savings. More important to
      Lloyd's List  -  340 words
    • Article
      Lock icon Intra-Asian liner trade: an identity crisis Liner trade lacking identity
      1544 24 Lloyd's Maritime Asia DESPITE the attention they have been getting recently, the intra-Asian trade is still the phantom amongst the world s major liner hauls. At 1.5 million TEU lifted during 1988 its presence is felt acutely, and continued economic
      Lloyd's Maritime Asia  -  1,544 words
    • Article
      INDEX TO ADVERTISERS
      962 24 AB Shpg V ABC Container IX Accord Shpg VI Ahrenkie' Imer X Alltrons IV AC Toepler XI Amencon Tpt X Anro Service IV Arrow lines IX Awn Octon XI ASSOC Cornog# XI ANl 1 AfC I.«• V Afl m ASCI m Alios In* X Bolt Conodo Ime
      962 words
    • Article
      MICT beefs up port to service bigger ships
      386 25  -  By AL 0 LABITA Jr THE state-owned Manila International Container Terminal (MICT) is now capable of competing with other port facilities in the Asian region. Recently, the MICT acquired modern gears to beef up its capability in servicing international vessels unloading their
      386 words
    • Article
      Huge savings can be achieved from new meat system
      162 25  -  By one container load. By John Bplen THE Australian Meat and Livestock Corporation (AMLC) has been actively encouraging development of a new packing system which could achieve considerable savings for shippers and industry The device« which is designed to facilitate loading
      162 words
    • Article
      SCI to modernise fleet
      166 25  -  By Shirlsh Nadkarni THE Shipping Corporation of India (SCI) has drawn up elaborate plans to modernise its fleet and diversify activities in the wake of the recent shipping recession. One of the key ingredients of the strategy is be the weeding out of old and inefficient
      166 words
    • Article
      Lock icon Group calls for US ship programme
      142 25 AFP THE US government needs to spend US$l3 billion over the next 11 years to bring the US merchant marine to a point where it can serve defence needs in an emergency, a Congressional ly-appoint-ed maritime commission said. James Holloway, a retired US Navy
      AFP  -  142 words
    • Article
      LONDON FREIGHTS
      1368 30 FAIRLY active time-charter business continued to feature in the freight market on Monday with grain fixing out of the US rather slow to develop, shipbrokers said. A 66,000 tonner bound from Cape Passero for six to nine months paid US$l3,OOO daily and a 69,000 tonner from Gi)on for
      1,368 words
    • Article
      ŚHIPPING LIST where your ships ore due...and when
      8722 30 AAA HUB Luo H*. China Ocean Shpg Feb 21 Norma Pearl Noraaia Lin. Feb 72 Em Oman Evergreen. Fit 22 London Eipraw Trtot. Fab »<PK) Meerak Rotterdam Maerek Lin.. Fab 23 Ming Proapenty Yang Ming. FN 29 Toyama ScanOutcht. Fab 27 Eva/
      8,722 words
    • Article
      SHIPS IN PORT
      1241 30 AT CONVENTIONAL WHARVES VmmI B«rth Arrival Dapartura Kappal WharvM Song Swopno K28 olongside 23.02/ 0700 Coat Hoyoto KI7 olongside 2302/0600 Johoovoron Klf otongsMie 2202/ 1100 Kolo Agung K3I oloogsnle 2502/ 0600 Pyro«Nds <t 20 oiongs.de 2202/0600 Qmgltocfceng *29 otongs.de 24 02/ 2300 toia* Brooke K24* olongside 2302/
      1,241 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      685 23 "V i <}V TJMES 1 i STP Distributors to Quality Service. w\w [&2 INE SHIPPING AGENCIES 200 Cantonmant Road #12-05 South point. S<oppori (808 T4 *****11 TELEX NO RS ***** TERMINAI/CFS TH *****11 220 BOOKINGS Tai *****34 235 PESAKA JARDINE SHIPPING AGENCIES SON. BMO. PORT KELANG TEL 36*4118 Tata No.
      685 words
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      Page 23 Advertisements Column 2
      62 23 DESPITE the attention they have been getting recently, the intra-Asion trade is still the phantom amongst the world's major liner hauls. Page II THE state-owned Manila international Container Terminal (MICT) is now capable of competing with other port facilities in the Asian region. Pag« 111 Index to advertisers II Ships
      62 words
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      Page 23 Advertisements Column 3
      517 23 Go* STR\ MAERSK LINE This week Louis M Closing Time cy 2an 0700 hrs CFS 27/2 2100 MRS LOUIS M 8804 28/2 LEISE M 8804 7/3 LARS M 8804 14/3 LAURA M 8804 21/3 REGINA M 8904 26/3 LEXA M 8804 4/4 MCKINNEY M 8804 11/4 LEDA M 8804 18/4
      517 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      489 24 «F Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT LONDON EXPRESS BENCAIRN HAMBURG EXPRESS KURAMA MARU BENALDER PILAR BENAVON P KELANG SOUTHAMPTON 25/2 HAMBURG BREMERHAVEN 19/3 ROTTERDAM/ ANTWERP LE HAVRE 22/3 ALSO ACCEPTING CARGO TO: AIL UK INLANO DESTINATIONS, BELFAST. DUBLIN, COPENHAGEN. AARHUS. GOTHENBURG. MALMO, HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S. AMERICA CONTAINER SERVICE
      489 words
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      Page 24 Advertisements Column 2
      18 24 t Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      18 words
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      Page 24 Advertisements Column 3
      879 24 qJ fci im m o ;w L 'J.. V J _5 TO EUROPE (VIA FEEDER) i\j cunwrc pen pkl sin sou rot ant NORASIA PEARL VSS3I-3 18/2 19/2 22/2 17/3 19/3 21/3 NORASIA PRINCESS VW32-3 2/3 3/3 4/3 27fl 29/3 3W NORASIA SUSAN VB9Ol-3 10/3 11/3 13/3 «4 7/4 9
      879 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      971 25 £2} The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT; [CONTAINERSHIP SERVICE FROM UK/CONTINENT: Calling Kate. Tokyo A SA.iwm CaMmf Nafsya, Tokyo m swire china Navigation Co. Group Nat Yak* Kobe P.Klaf Pngt S par* Out Dam Kwt Bah
      971 words
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      Page 25 Advertisements Column 2
      975 25 ASIA NORTH AMERICA EASTBOUND RATE AGREEMENT (ANERA) NOTICE TO SHIPPERS/CONSIGNEES General Rate Increase/Service Contracts As previously announced, ANERA member lines will implement on March 1, 1989 a General Rate Increase (GRI) of US$375 per 40-foot container equivalent and US$7 per revenue ton, with proportionate increases for cargo otherwise rated. Service
      975 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      533 26 mSINOSE MARITIME PTE LTD BESOT El ISLAMIC Rf PUBLIC OF IRAN SHIPPING LINKS IRANIAN SERVICE IRAN ME LAO PJL 67$ IRAN TAKHTI PJL (73 Singapore SLD ETA U/2 Loading for BANDAR ABBAS BANDAR ABBAS TKYOWM KYOWA LINE toirra PACIFIC SERVICE MOTHER VSL S PORE HK LOAD FOR: KYOWA HIBISCUS V
      533 words
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      Page 26 Advertisements Column 2
      1013 26 (g) HANJIN SHIPPING CO., LTD. I TO EUROPE VIA SUEZ FT I V CON TAINERISED .SERVICE TO USA PACIFIC SOUTH WEST QUEEN'S WAY BRIDGE 7W CHOYANG PARK 1W HANJIN OAKLAND 1W CHOYANG SUCCESS 2W TO FAR EAST PORTS TO PACIFIC NORTH WEST CANADA CHOYANG SUCCESS IE HANJIN ROTTERDAM IE HANJIN
      1,013 words
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      Page 26 Advertisements Column 3
      100 26 lS\ DOIUGIUAMAI—IIUE A SPORE P.KELANG PCNANG INCHON BUSAN SINGAPORE GIORT VTO BUSAN GLORY V*B HAI TING Wfi 21 Iter a X Ibr 9 Apr S SINGAPORE Loading FOR ALTAIR 26 FIB INCHON. BUSAN NORIDWIOC PACIFIC MARITIME (PTC) LTD. TEL *****11 (I Lin**) KONTENA NASIONAL SON BHD TCL: P KELANG (0)M747S
      100 words
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      Page 26 Advertisements Column 4
      781 26 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) UU "j® Ms mm am i*ss mm vm mm EVER GROWTH 81/B Of® 07/03 DB/tB KMC 13/03 IWO3 :'U3 ?OC3 12MA 14JM MM £222? Sfi ES £S nw "Jj* £JS 2J2 2£ 5£ 3W <bw vm O?« IVIR GOLDIN iUA 31/03 04XH
      781 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1094 27 PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE sbv sno SIN 23/2 29/2 20/2 1/3 0/3 4/3 3/3 9/3 11/3 14/3 20/3 24/3 VESSEL SEA HAWK QOWA SEA HAWK SEA HAWK SINO OCEAN SEA HAWK VOY JKT 24/2
      1,094 words
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      Page 27 Advertisements Column 2
      533 27 Irm BEN LINE ♦Va CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT 150 17/1 I*l 2*l an an on m an an vn wi wi w sfi ad jw w vt w rn w uj* MM— M UK 14/4 1M 17/4 I*4 W I*4 I*4 H/4 2*4 24/4 B/4 2W 2*4 »4
      533 words
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      Page 27 Advertisements Column 3
      497 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYO P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKQRA LLOYD EXPRESS SEMI CONTAINERSNIP SERVICES SINGAPORE TO EUROPE VSI/VOY S. PANJANG/21WB MATARAM/23W8 m ANTWERP H'BURG/ RDAM/AOAM BREMEN 1/4 5/4 »/4 1/5 Port BaM. Port Alexandria. Genoa. Trteete. AISO ACCENTING BOTH CONTAINERS. CONVENTION At
      497 words
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      Page 27 Advertisements Column 4
      371 27 BOUSTEAD SHIPPING AGENCIES pagan vuaw HTONEYWA V244W TAUNG GYEE V34IW PA-AM VI3SW BURMA FIVE STAR SNIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore 20/25 Fab 23/25 Ftb In Pt/27 Fab 2/4 Bar P.Kelang Penang Bangkok A bank line <PM|-CONTAINER NORTHBOUND TO UKC TAUSALA SAMOA VI4N MORAYBANK V7N CLYDEBANK V2SN
      371 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      920 28 Q K L INK KAWASAKI KISKN KAISHA. LTD. COAST -I ■export 0. FAIR Vl3/AMBASSADOR BRIDGE NEPTUNE GARNET 0. FREEDOM V24/OOCL FAIR PK/PNG SGP 28/2 2/3 7/3 9/3 14/3 18/3 VIA FEEDER ORIENTAL FAIR NEPTUNE GARNET ORIENTAL FREEDOM RAINBOW BRIDGE VOY LB 12 20/1 •PK/PNG *INDO InPsSSil SOUTH-WEST FEEDER VESSEL ORIENTAL
      920 words
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      Page 28 Advertisements Column 2
      551 28 I AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers S-npport 9 K«an« Ponari| Loading lor MoMw M By Feeder Br f-dm KALIOAS ¥.41 9Mw 4 Mar 4 Mar Fr«n/Mtfb/S*«VA<M TULSIOAS *40 1 Apr 2S Mar K Met From/Maft/Sf«l/Adel KALIOAS *42 2 May 21 Apr n Apr AM TUISIOAS *41 25 May
      551 words
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      Page 28 Advertisements Column 3
      594 28 GOLDEN LINE GUAN fill AN SHIPPING (PIE) LID a. r«M A r Slrnt SINCAfONC #104 111 UUM (M LINK) Fu U4HM STRAITS/PERSIAN CULF SERVICE: S-port PKata* (W« COLOCN WWIOCR Itef GOUEN HAW* Cdombo Dub». W«» GOLDEN HAVEN Colombo K»r CHINA StRVICt AVUSU HUMOM SAWfhfc CHINA OCEAN SHIPPING CO., PEKING THE
      594 words
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      Page 28 Advertisements Column 4
      399 28 vc r>HILI Oni€NT LINGS PT( LTD *{A 0 Off Cf 63 RO! sSQv noao .<r u AFRO AS t BUH.O.NG S NGAPCf 01C5 rue* rs ;9723 pmili fi» ::s!s" MST/FM BUT Ftt A La ETA SINGAPORE DESTINATION DUBAI DAMHAN. KUWAIT. DOHA, MUSCAT, BAHRAIN AtU DHABI t SHARJAH JtOOAH (LCL) WEEKLY
      399 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      860 29 NEPTUNE AGENCIS PTE. LTD. Bookmas ft EU/AUSr imm *****19 2/***** EXPORT NEPIINE SON BHD iiar Dss? NEPTUNE' Pwwna dakru 620ttn nam M/Sfio 23SMI BMt FEEDER VSL N Emerald 03N N. Ivory 08N N. Emerald 04N N Ivory 09N MOTHER VSL O. Executive 86K Y. Maru 8E O. Educator 68E O.
      860 words
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      Page 29 Advertisements Column 2
      239 29 HEUNG-A SHIPPING Korean Flag Vessels SEMI -CONTAINERISED DIRECT SERVICE TO KELANG, PENANC, KEELUNG. BUSAN. INCHON Vessel's Ndm no BS S PORE •NO I DONAI4/9CI2N OME In Port #ORACNETfIQ2N 2202 06-07 TO NO 9 DONAM/902N 2U02 10-12/03 VCtORIAWN 07KB 17 IMB SPORE PKLG KEE BUSAN MO JI In Port 17-11/02 21-2102
      239 words
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      Page 29 Advertisements Column 3
      124 29 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) INDIA/S.E. ASIAI EMil MV "TBN* SIN/MADRAS 19/22 FEB TMC SHIPPING/A AARON ORIENT LINES 10 Aiuon Road #21 09A, Intt PUza, S port 0207 T«l: *****11 Tli: Rs ***** Fa*: *****W PAN OCEAN SHIPPING COMPANY LTD REGULAR CONVENTIONAL SERVICES to: uk/continent ports TO:
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      Page 29 Advertisements Column 4
      752 29 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. HUANG S HANDLING SYSTEM CO SON BHO DA«ia rnniMr tuiooiu^t/^rv^liutlun M 14 W#n '^!S ah
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      210 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. HI 225 6868 (34 linn) FAX *****39/*****76 FEIEX HS ***** A/B SSCMA. HS ***** A/B SSCAO r DSR-LINES m VEB OEUTFPACHT SEEOEEOEREi ROSTOCK i INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE KIA LARNACA ACCEPTING CAR6O FOR lIMASSOL. BEIRUT, IATTAKIA,
      210 words
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      Page 30 Advertisements Column 2
      100 30 T.SK. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN EHI2H EH EH E2IBI El EH HERMES ACE VII HAKUSAN II V 3 CONTINENT VM KAtUKI VII HERMES ACE VI! HAKUSAN II V 4 FROM JAPAN TAIWAN HAKUSAN II V] CONTINENT VU KAIUKI VU HERMIS ACE Vl» HAKUSAN
      100 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      176 30 W. Regional Weather r, m 1 yA M Sv > f •I 7A >rV *1 0 B3 w I SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7.30 A.M. Ft 22, ItM •c a w W*xJ drect»on with speed m knots LIGINO Temperature .<• Sho ef Weo?Hef W*kJ dree fort «r»th speed
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      221 31 FARGO SHIPPING Tel: 884 0128 f. REGULAR EXPRESS FCI& LCI SERVICE ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND vs. C. Vtrorn* 2IJ Afltwrpffl 211 TNT Lipmi m I HUO4G 222 13 DAYS TO MELBOURNE! TO USA/CANADA USA Houston Savannah. Tampa, Jacksonville, Wilmington (Oel) Norfofh. Baltimore, Now York, Boston CANADA Montreal, Toronto.
      221 words
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      Page 31 Advertisements Column 2
      404 31 (5?; RICHFIELD MARINE AGENCIES |S| PTE LTD lis TEL *****33 (10 Lineal Si FAX *****15 TELEX AS ***** AISHIP (3 Unea) 3 i of accepting fcl and conventional PEN/WO ETA SPOfIE LOAOtNO FOfl M/V JUniNA 2*17 OARESSAIAAM MOMBASA DJIBOUTI VOY IWB ASSAB MASSAWA HOOEIOAH M/V ABBAY WOM2 Mn DABESSALAAM MOMBASA.
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      Page 31 Advertisements Column 3
      855 31 ir COMPANIA CHILE* A DB if li *7. V mmoaAMCA «a (CHILEAN WATKWAL UMI) GREAT ANDES SERVICE Ml IQOIQUi VALPARAISO STO KO -WW CARGO FOR PUNTA ARENAS TALCAMUANO (SAN VICENTE) ACCEPTEO WITH T/S VIA VALPARAISO NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71. *****65 IKi*4 ges man nmca fte lid TEL-
      855 words
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      Page 31 Advertisements Column 4
      111 31 PERKINS PERKINS SHIPPING PTY. LTD. Oarvrin, AwtraMa omecT scnvice to oarwm/pt. hcdlamd*/broomc* AccapMog Hraalrfcirffc. H««vy W, Container A RO/RO Cargo—■ARKMAM MY V 4 iTA/TTD S PORE Z7/3 F«a ETD DARWIN S Mir NARKMAN BAT V.I ETA/ETD SfO« U/U Iter ETD DARWIN 25 Iter MARKKA* BAT V.I ETA/tTO S PORE l|f
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      Page 31 Advertisements Column 5
      228 31 <t> UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 cn a n a IJ—mJJ OJjjj j —jJf 1 IjJ j■« JTMLJ Algerian National Line S PORE LOADING FOR MV BECHAR 2S/2 Algiers, oran, annaba, tunis ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heavy Lift 100 tons
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      597 32 m FINE-LINER SHIPPING PTE LTD ,ii Srenfoti rti, 4 OJC Mmm Hous-? Score •).'«> TEL .VrW.V (a un«.) TLX R'j FIINEP FA Wiv, EUROPE SERVICE (FCL LCL) 1 I S 01 3 Z PAR EAST SERVICE MIDDLE EAST SERVICE (FCL A LCL) IHQ MM $Mj AM OMi KWT MM DOM
      597 words
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      Page 32 Advertisements Column 2
      613 32 ZIM FUll CONTAINER SERVICE xuptin* FCI/ICI cargoaa lo USA last A Watt C«ml. CamkßaanEatt Canada HAITI. Co*ta Rica. (I Salvador, Guatemala. Hondurat, Varmuala. Nru, Ecuador, Colombia via HiaaM Trinidad. Barbadot. Antifua. St. Lucia. HontMrrat. Cuayana via Kinpton AUSTRALIA CONTAINER SERVICE ZIM KAOHSIUNG 9,3 ZIM VENE2IA 17/3 ZIM SYDNEY V< ACCEPTING
      613 words
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      Page 32 Advertisements Column 3
      443 32 Everett Lines COMPANIA PERUANA H \SI OE VAPORES Fa "PERUVIAN STATE LINE" j LOADING FOR CALLAO, MATARANI, ILO* ANO ALL OTHER jK PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON :PV THROUGH BILL OF LADING TO FINAL DESTINATION. 9 Pwunc* P. tUUoj* Singapore jl MANOLOCVERETT F-( 2t Fat/ 2 Mar Q
      443 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      232 33 Seabtfdgfe rvumucifTAl AIC4 INTERCONTINENTAL LINES JEURO vV. VASLYAEV VOl BREST V 01« V. VASLYAEV VOl-BW BREST VOl HUNGARY. POUND. ROMANIA. ISTANBUL, E. BERLIN BULGARIA. AUSTRIA. YUGO. CZECH. PIRAEUS ALL INLAND PORTS i SCANO WEEKLY FCL/LCL GROUPAGC FROM SINGAPORE PORT KELANG PENANG iOHORE UK, HAM, RTM, L. HAVRE, ANT. GENOA, ARAHUS,
      232 words
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      Page 33 Advertisements Column 2
      148 33 Consolidation Service PAPUA NEW GUINEA SIN: 28/2 PT MORESBY/LAE PACIFIC ISLANDS SIN: 25/2 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLANDS SIN: 24/2, 28/2 PORT LOUIS/REUNION TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUI/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ BANGUI/KINSHASA TTA Freight pte Ltd Tel: *****55 TLX RS ***** INTERTEAM 'TOGETHER WE WORK
      148 words
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      Page 33 Advertisements Column 3
      574 33 DESTINATIONS FOR BOOKING 8 ENQUIRIES. PLEASE CONTACT:SMOAPONE TEL 737*711 (4 UNES) TLX: 2041* SKHBT PAX: ***** M J. BAHRU TEL: («7)2MM«. *****3. PAX: 244*33 K. LUMPUR TEL: (OIMNM. M ***** TLX: MA 33E03 SXKMKL PAX: M ***** BANGKOK TEL: (Q2)»M4M/7 PAX: ZM44» ETA SINGAPORE PORT KELANG 25 FEB MANILA 23
      574 words
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      Page 33 Advertisements Column 4
      542 33 tif GLORY navigation group ,IJ-Vlf.Vll,'N,lTT77r TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* GLORY SELATAN VIII Voy 44 4/2 GLORY SCLATAN VI V«* 11 *2 GLORY SCLATAN VII Voy 97 26/2 PKL PNG BLW KAON 240 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW
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      Page 33 Advertisements Column 5
      455 33 PTC CONTAINER LINES FCL LCI SERVICE PTC C?nOjP SIM FMEAST 23/2 KEELUNG/KAOHSIUNG 1/3 BANGKOK 26/2 MANILA 25/2 JAKARTA 25/2 PORT KELANG/PENANG 3/3 BUSAN 21/2 TOKYO/YOKO/KOBE 24/2 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen Xmgang, Shanghai SIN EUBOPE/UK 28/2 RDM/HAM/ANT/LE HAVRE/GENOA 28/2 LDN/FLX/LVP/SOU SIN USA/CAItAIA 2/3 LA./NYC/SFO 26/2 VANCOUVER/TORONTO/MONTREAL 1/3
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      502 34 Hai Sun Hup Co (Pte) Ltd ret *****06 (20 Unesi TLX RS ***** 4 RS ***** i t \si IK\ CAR L l\t k III). For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT INTERMARITIME SOUTHERN AFRICA SERVICE DIHECT MONTHLY SAILINGS KK SPORE PK
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      Page 34 Advertisements Column 2
      509 34 Ta.CHO YANG LINE EXPRESS FAR EAST/EUROPE FULLY CONTAINERISED SERVICE WESTBOUND SP LN ROM HAM I QUEEN S WAY BRIDGE 7W 4/3 22/3 23/3 24/3 2 CMOYANG PARK 1W 11/3 2S/3 30/3 31/3 HANJIN OAKLAND IN U/3 5/4 1/4 7/4 CNOYANG SUCCESS 2W 25/3 12/4 13/4 14/4 1 Al*o accepting for
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      Page 34 Advertisements Column 3
      408 34 ml K P.T. MASKAPAI PELAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S'PORE, INDONESIA, MALAYSIA A THAILANO ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 VSL PUL ADIL PUL ADIL PUL
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      Page 34 Advertisements Column 4
      756 34 Dmi I- 'Zun\* CALL US AT: P KELANG PENANG J. BAHRU P GUDANG SINGAPORE I K. LUMPIJR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER 3685/53/*****11 04 *****2/4, *****3 07 *****8 07 *****3, *****5, *****0, *****1 02 *****22 *****0 PKELANG ;3® B BUTANG B BUTANC t" OTHER DESTINATIONS AARHUS, AMSTERDAM,
      756 words