The Business Times, 24 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 FRIDAY, FEBRUARY 24, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    253 1 Dow down WALL STREET stocks declined further in early trading yesterday after sharp losses on Wednesday. The Dow was off five at 2278 after dropping 43 on Wednesday. Declining issues took a wide early lead over gainers. Reuter Footsie down LONDON share prices recouped most of their
    253 words
  • Article, Illustration
    Singapore shares show resilience
    222 1 THE SINGAPORE stock market showed its resilience yesterday when it closed just slightly lower despite Wall Street's 42-point plunge overnight. The Straits Times Industrials Index fell 4.23 points to 1,134.52 while the Business Times Composite Index added 0.57 point to 1,035.73. Turnover increased again for the
    222 words
  • Article
    Fuel oil contract stages another strong showing
    111 1 THE HIGH SULPHUR fuel oil futures contract yesterday staged another strong performance during its second day of trading on the Singapore International Monetary Exchange. Its total turnover was about 20,000 lots only 7,000 lots short of Wednesday's volume when the fuel oil contract
    111 words
  • Article
    EIE in talks to buy Khoo's interests
    544 1  -  HOTEL EMPIRE ESTIMATED TO BE WORTH MORE THAN $1b By LEE HAN SHIH and ROSIE TAN A JAPANESE investor has emerged as the biggest contender for control of fugitive tycoon Khoo Teck Puat's hotel empire in Singapore, estimated to be worth more than
    544 words
  • Article
    New Simex measures to boost financial standards of members
    481 1  -  By SOH TIANG KENG THE SINGAPORE International Monetary Exchange last night unveiled its plan to beef up the financial standards of its clearing members following expectations of higher volume of trades in the future. Under the revised requirements, effective from July
    481 words
  • Article
    Hong Leong extends offer for Apollo
    562 1  -  By MAGDALENE NG HOURS BEFORE its offer closes, the Hong Leong group has decided to extend its conditional takeover offer for Apollo Enterprises Ltd by a week. But there is no indication that it will raise its offer price from the current $1.70 cash
    562 words
  • Article
    Lock icon Normalising Indon-Sino ties
    113 1 AFP INDONESIA and China agreed in talks in Tokyo yesterday to begin discussions aimed at normalising their relations, broken off more than 20 years ago, diplomats from the two countries said. Chinese Foreign Minister Qian Qichen and General Murdiono, the Indonesian Minister of State for the State
    AFP  -  113 words
  • Article
    'Accept Sihanouk as head of council'
    447 1  -  By BOEY KIT YIN SINGAPORE yesterday called on all four Cambodian factions to accept Prince Sihanouk as head of a national reconciliation council. Foreign Minister Wong Kan Seng said this would pave the way for resolving the "most difficult outstanding issue" that of inter-Khmer
    447 words
  • Article
    Son Sann urges political accord
    142 1  -  By Boey Kit Yin SON SANN. leader of one the four Cambodian parties, yesterday called on all groups to meet as soon as possible to come to a political agreement. Speaking after his arrival here from Jakarta. Mr Son Sann said that the second round
    142 words
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      Page 1 Advertisements Column 1
      167 1 Fa r a h The original Hopsack slacks for men. Available at OQ People's Park. Orchard and Elite Full rsport, PAGE 18 Regional Mkts, PAGE 20 World Mkts, PAGE 21 For the best in Sichuan and Seafood Dishes Mini Ko Tiao Qiani; Dragon City Sichuan Restaurant Dragon City Sichuan Restaurant
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      Page 1 Advertisements Column 2
      208 1 Editorial Comment: 11 An unenviable task for Simex Labour cost 2 Double-digit rise expected UK-S'pore air talks 2 Postponed to April Singapore Telecom 3 Privatisation study due soon Funeral diplomacy 5 A frenzy of meetings in Tokyo European Community 6 Growth, inflation and joblessness US foreign policy 6 Criticism mounting
      208 words
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      Page 1 Advertisements Column 3
      238 1 71 i I i. No wooliiness in their thinking CHINA SILK HOUSE is set to go international. Mido Textiles, the company behind it, plans to open an outlet in London soon, and follow up with stores in the US and Australia. Meanwhile, it has set up a woollens factory in
      238 words
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  • HOME NEWS
    • Article
      Double-digit rise seen for total labour cost
      770 2  -  More modest growth for wage rate, unit labour cost By ZHOU MEI DOUBLE-DIGIT GROWTH rates are forecast tor total labour cost per worker this year. The wage rate is, however, expected to grow more modestly, so too the unit labour cost. In its
      770 words
    • Article
      Baden-Wurttemberg may be good business gateway to Europe: official
      399 2 BUSINESSMEN in Singapore got another assurance yesterday that the proposed single market in Europe in 1992 should not dampen their business prospects. Instead, West Germany's charge d'affaires to Singapore, Dr Michael Schaefer, encouraged them to look on the West German state
      399 words
    • Article
      HDB registers Cleantech Services
      223 2 THE HOUSING and Development Board has registered its second company to provide conservancy and horticultural services to Town Councils. Announcing this yesterday. HDB chief executive officer Liu Thai Ker said Cleantech Services was incorporated on Feb 14, with a paid-up capital of $6 million. HDB's first
      223 words
    • Article
      Dunkin' Donuts closes Parkway Parade outlet
      238 2 DUNKIN' DONUTS. a fast-food chain, closed its Parkway Parade outlet last week, and is opening a kiosk in the area instead. "We are shifting our outlet to Yishun community centre as our lease has expired." said Steven Chew, operations manager of Dunkin' Donuts. As
      238 words
    • Article
      Talking about freight
      96 2 A THREE-DAY conference on Asia Pacific freight will be held from May 23 to 25. The conference will focus on progress in multi-modal transportation in the Asia Pacific region as well as opportunities for expanding sea and air services. Speakers will cover various aspects of Asian freight
      96 words
    • Article
      Air talks with UK postponed to April in Singapore
      461 2  -  By MARTIN SOONG THE NEXT ROUND of air talks between Singapore and the United Kingdom has been postponed to April and will be held in Singapore. A Civil Aviation Authority of Singapore (CAAS) official yesterday told BT that the negotiations, originally
      461 words
    • Article
      Sita gets operational headquarters status
      315 2 SITA, the international airline telecommunication and information services association, has been granted operational headquarters (OHQ) status. In a press release yesterday. Sita. which stands for Societe Internationale de Telecommunications Aeronautiques, said the award from the Economic Development Board would enable it to boost its activities
      315 words
    • Article
      Honorary consulate set up in Vancouver
      143 2 THE FOREIGN AFFAIRS Ministry has set up an honorary consulate in Vancouver to look after Singapore's interests in the provinces of British Columbia and Alberta in western Canada. Nathaniel Theodore Nemetz, a Chief Justice of British Columbia before his retirement, has been appointed honorary
      143 words
    • Article
      Telesat Canada signs services agreement
      150 3 CANADIAN satellite telecommunications company Telesat Canada has signed an agreement to provide engineering and management consulting services in the region. The agreement was signed with Asia Sat, or Asia Satellite Telecommunications Co, during the Asia Telecom exhibition and forum at Raffles City on Wednesday. AsiaSat's
      150 words
    • Article
      Lock icon Nixdorf expects better results
      196 3 Reuter WEST GERMANY'S Nixdorf Computer AG expects an improvement in its corporate results by 1990, Nixdorf board member Horst Nasko said yesterday. "We are in the process of converting existing systems to new systems. That costs a lot of money. Next year things will look up,"
      Reuter  -  196 words
    • Article
      Finnish telecom giant sets up regional base in Singapore
      325 3  -  By GENEVIEVE CUA FINNISH telecommunication giant Nokia is expanding its presence in the Asia Pacific with the establishment of a regional subsidiary in Singapore. One of the divisions of the subsidiary, called Nokia (SEA), will function as the Asia Pacific base
      325 words
    • Article
      Boehringer Mannheim plans investment of up to $15m
      288 3 BOEHRINGER MANNHEIM (BM), a 130-year-old Ger-many-based major producer of pharmaceuticals, medical equipment and diagnostic reagents in Europe, will be investing between $10 million and $15 million in Singapore over the next five years. This decision was discussed last week when Curt Engelhorn,
      288 words
    • Article, Illustration
      Telecom privatisation study due soon
      582 3  -  Implementation still long way off, say observers By JEFFREY TSANG THE CONSULTANT S report on the feasibility of privatising Singapore Telecom is due out soon, but observers say that should the decision be made to privatise. it could still be a long way off. General
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    • Article
      Globalisation an important target, says Telecom
      248 3 GLOBALISATION would be very much in the plans of Singapore Telecom, said its top management at a press briefing for foreign journalists. At the briefing, held for the 50 or so foreign journalists covering the Asia Telecom show at Raffles City, the officials outlined
      248 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      93 2 Noma Bestseller «y tlte Ajx)llo Hotel restaurant corner The Nonya Buffet lunch at the Apollo Hotel has been the hot favourite of Singaporeans for many years. The delightful blend of Chinese and Malay spices give it that distinctive Peranakan flavour that has no comparison elsewhere! At the Luna Restaurant Corner,
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      Page 2 Advertisements Column 2
      148 2 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      148 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      185 3 Introducing ISDN. Now all lines lead to one. -V V¥# jv*"--. m c- -■> ft: V UK -yi dHSSP i Bi a -'i «r anft V: 0 WSi •<- mmg&i rnrnm mi V- t; v< u. v> m-x M* m gsps Y -4 I The start of a new era
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      107 3 R ///'H 09/00 Cloudy 18/06 Clear 28/19 Cloudy 12/00 Clear 07/03 Clear 26/19 Cloudy 18/07 Clear 15/00 Cloudy 27/13 Fine 24/16 Cloudy 00-06 Cloudy 08/05 Cloudy 31/25 Cloudy 06/03 Clear 08-02 Rain 11/06 Cloudy 31/23 Clear 02-07 Clear 25/13 Cloudy 18/15 Cloudy 27/19 Cloudy 21/02 Clear 13/07 Cloudy 31/24 Showers
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      243 4 ending International Parcels And Documents UPS Is As Good As Taking Them There Yourself. if «iisk A HOBNf /jUk l««M» .lib nr» iflA Jk MM > m m k. H JBLirJ r ÜBU 1 KfP < i J >* I n 0 SOSC jk Jk JK*k Jir rfk Mmmtk IE
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  • ASIA – PACIFIC
    • Article
      Lock icon West Malaysian trade surplus down 5.5pc
      307 5 Bernama PENINSULAR MALAYSIA'S trade surplus last year declined 5.5 per cent to M 55.58 billion, compared with M 55.91 billion in 1987. The statistics department said in its trade summary for December that imports rose 36.3 per cent to M 541.67 billion while exports
      Bernama  -  307 words
    • Article
      Lock icon KL benefiting greatly from telecoms
      137 5 Bernama MALAYSIA has benefited tremendously from investment opportunities and technology transfers in the telecommunications industry, said the director of the electrical and electronic division of the Malaysian Industrial Development Authority (Mida), Mardziah Aziz. She said the industry, comprising the electrical and electronics sectors and currently
      Bernama  -  137 words
    • Article
      Lock icon Khomeini renews Iran's hardline policy against foreign influence
      424 5 Reuter AYATOLLAH Ruhollah Khomeini has set Iran on a renewed hardline path against foreign influence, terming his death penalty against British author Salman Rushdie a godsend. Khomeini, quoted on Teheran Radio on Wednesday, said the storm of protest which followed his order
      Reuter  -  424 words
    • Article
      Lock icon US calls for interim government in Cambodia
      327 5 AP THE US STATE Department said on Wednesday that it has called for the establishment of an interim government prior to national elections in Cambodia, where peace talks failed last week. US President George Bush is expected to take up the Cambodia question
      AP  -  327 words
    • Article
      Lock icon Tokyo caught up in diplomatic frenzy
      555 5 World leaders pouring in for Hirohito's funeral AFP FUNERAL DIPLOMACY mounted to a frenzy of meetings in Tokyo yesterday as dignitaries from around the world, including a dozen Asian leaders, poured into Tokyo for today's funeral of Emperor Hirohito. In the State Guest House
      AFP  -  555 words
    • Article
      Lock icon More than 100 items to be buried with Hirohito
      294 5 AFP A MICROSCOPE, a list of Japan's top sumo wrestlers, scientific books and specimens, and favourite clothing will accompany Emperor Hirohito to his grave today, the Daily Yomiuri reported. They will be among more than 100 personal items entombed with the
      AFP  -  294 words
    • Article
      Lock icon Parties and concerts planned as a protest
      253 5 Reuter SOME of Japan s activists are threatening the serenity of Emperor Hirohito's funeral not with bombs and guns, but with parties and songs. Despite an official request that people refrain from singing and dancing today in respect for the emperor, several groups
      Reuter  -  253 words
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      36 5 r Jfeiy mm 1 «*••>*; i iV V I T •iMO r*w«» If**** mi|B 1 i W 4 •n 1..' ft 'ft' ■<« '< !e»iat i a i 454 Kit. i.t' 1 ii i i v:." a-. HA C2s
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    981 6 ARRIVALS DEPARTURES Operator S1A UAL ML MAS SiA MAS MAS MAS SiA CPX Of A SWR GiA SiA RBA QFA SiA GiA SiA SiA THA AIC GIA RJA SAS MAS SAB SiA SiA SAW SIA SIA SIA SiA THA GIA SIA THA CPX MAS MAS KIM MAS
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  • REST OF THE WORLD
    • Article
      Lock icon EC expects growth but warns of inflation
      431 6 AFP THE EUROPEAN COMMUNITY will enjoy sustained economic growth in 1989 and 1990, but inflation will rise and unemployment will remain relatively high, its executive commission said. The EC has attained a period of "investment-driven economic growth", said Commissioner Henning Christophersen. in charge
      AFP  -  431 words
    • Article
      Lock icon Budget surplus for US last month
      125 6 Reuter THE US GOVERNMENT had a small US$2 81-billion surplus in January, leaving the budget deficit so far this fiscal year slightly below its year-ago pace the Treasury Department said. The latest monthly surplus, which followed an U5511.45-billion shortfall in December, left the deficit
      Reuter  -  125 words
    • Article
      Lock icon Readout depicts US debt growing US$8,000 a second
      100 6 AP THE US government is going into debt faster than the eye can follow. A 13-figure digital readout unveiled on Wednesday above a Manhattan avenue showed the national debt jumping by US$B,OOO a second, a rate that blurred the last four digits.
      AP  -  100 words
    • Article
      Lock icon Federal Reserve goes on the trail of drug money
      226 6 Reuter THE US CENTRAL BANK has started to take a close but strictly scientific interest in the seamy world of drug dealers and money-laundering. In a bid to learn more about the uses of the US$2l5 billion in currency it has
      Reuter  -  226 words
    • Article
      Lock icon Yeutter concerned over EC protectionism
      247 6 Reuter THE UNITED STATES Agriculture Secretary Clayton Yeutter says he is worried about the possible protectionist threat of the European Community's plan to create a single European market by 1992 "We are very worried that Europe may go free trade internally and protectionist externally, and
      Reuter  -  247 words
    • Article, Illustration
      Lock icon Washington critics say American foreign policy is drifting
      500 6 AFP AS US PRESIDENT George Bush flew out of Washington on Wednesday on a five-day trip to Asia, he left behind mounting criticism that his foreign policy is drifting. Before his departure. Mr Bush was forced to defend himself on Tuesday when
      AFP  -  500 words
    • Article
      Lock icon 'Soviet economy at critical point'
      330 6 Reuter THE SOVIET economy has reached its most critical point so tar under the reforms introduced by President Mikhail Gorbachev. Abel Aganbegyan, a leader in Mr Gorbachev s eftorts to reform the Soviet economy, said on Wednesday that his country was now in a period
      Reuter  -  330 words
    • Article
      Lock icon Call for US industrial policy
      310 6 AP TRADE SPECIALIST and author Clyde Prestowitz said on Wednesday that sweeping changes in American attitudes and public policy are needed to reverse what he described as the decline of the United States. "Fundamentally, our problem is not our trading partners; it is us." he
      AP  -  310 words
    • Article
      Lock icon Paris, Bonn unite against inflation
      92 6 FT THE FRENCH and West German governments have joined forces to state their determination to fight inflation. At a meeting of the FrancoGerman Economic and Monetary Council in Paris on Wednesday, the two sides, which have not always been in agreement in recent months over
      FT  -  92 words
    • Article
      Lock icon PLO must be equal partner in peace talks, says Shev
      259 6 AFP SOVIET Foreign Minister Eduard Shevardnadze met separately with his Israeli counterpart Moshe Arens and PLO chairman Yasser Arafat, and said the latter had to be an equal partner in the search for Middle East peace The remark came at
      AFP  -  259 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      139 6 The business person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:CS hours and arriving at Lester B. Pearson International Airport the follommg day. Catf your Travel Agent or Air Canada it *****55. A BREATH OF FRESH AIR Enjoy FRESH LIVE seafood. Prepared Singapore style, amidst unique
      139 words
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      Page 6 Advertisements Column 2
      58 6 Specialise in Fine Hand-knotted Carpets GRAND AUCTION Sunday, Feb 26, 1989 Grand Ballroom Hilton International Singapore K.~j E r 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 showroom. Witonws Ctwon*
      58 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      86 6 Doonesbury S9 LESS THAN ONE MONTH ago, george bush's thbme-of-thb-week ms ETHICS 1 HttWULP NOT TOLERATE, HE TOLV US, EVEN THE APPEARANCE OF IMPROPRIETY IN HIS AP- nS? MINISTRATION! m m 1 SINCE THEN, WE'VE SEEN JOHN TOWBR SCAN&ILIZEP BY HIS FECCAPIL' LOS INVOLVING WINE, WOMEN ANP, ONE ASSUMES, SONG;
      86 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1588 7 SINGAPORE: DISAPPOINTMENT with US Fed chairman Alan Greenspan's congressional testimony and rumours in early European trading of a rise in West German and Swiss official rates knocked the US dollar lower. Traders also bought the D-mark against the pound and yen, helping the US dollar to hold above
      1,588 words
    • Article
      Lock icon Simex
      520 7 Reuter EURODOLLAR FUTURES closed lower on profit-tak-ing and liquidation in moderate trade yesterday. Dealers said sentiment was undermined by concern over inflation after news that the US January consumer price index rose 0.6 per cent, which was described as disturbing by US Federal Reserve Board chairman Alan Greenspan. March
      Reuter  -  520 words
    • Article
      Comex gold/silver futures
      173 7 Gold futures on Wed 22, 1989 100 troy ounces. USS per troy ounce 0»MI High tow s«ma 386.80 388.00 386.00 386.90 +•1.00 Mof 388 50 0.80 A«* 389 60 391.50 389.40 390.20 0.80 >un 394.80 396.40 394.30 395.20 090 Aug 401.00 401.20 400.60 400.80 0.90 Oct 406.50
      173 words
    • Article
      IMM
      233 7 CURRENCY FUTURES on the International Monetary Market finished a choppy session mixed and near the middle of daily ranges on Wednesday. A slightly larger than expected 0.6 per cent rise in January US consumer prices triggered only brief selling interest in futures. Traders said banks turned buyers after the
      233 words
    • Article
      Precious Metals
      391 7 HONGKONG: Gold closed higher in moderate trading yesterday on light demand from Taiwanese investors in the afternoon session, dealers said Selling from Swiss firms was slowly absorbed in the local market and dealers expected the upward trend to continue in New York. Bullion ended at U*****.70/388.20 an ounce
      391 words
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      134 7 GOLD CURRENCIES COMMODITIES CHART SERVICE/LUNCH TALK CHART SERVICE Up-to-date charts for gold, Yen, D-mark, Nikkei, Crude oil, Cocoa, Sugar, Soyabean, etc. For Financial Controllers, Dealers, Individual Investors, etc Weekly issue at $12 per month. Note: Our charts also shown on SBC TEXT SERVICE PAGE 323 LUNCH TALK Topic Computerise chart
      134 words
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      Page 7 Advertisements Column 2
      178 7 «K &&<&& wa w f*. •-?r'-'l® W *3 V H-l it J* ,O v OL> •#P I .V* v Jt v > I o\~ 1 V/ V 1 fe r »■*> 5 9t> t/ I yp »<# a- Piaget Dancer. Hand crafted in 18K solid gold and water resistant to
      178 words
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  • BANKING AND FINANCE
    • Article
      Local arms of Irving Trust, Bank of New York to merge
      370 8  -  By LEONG WEN WAH THE SINGAPORE branches of Irving Trust Company and Bank of New York will merge around the middle of this year, in conjunction with a similar exercise in their US head offices. Irving Trust's wholly-owned merchant
      370 words
    • Article
      Lock icon CBOT tracking system inadequate: report
      315 8 UPI IN THE WAKE of an FBI investigation of trading abuses in the "pit" at the Chicago Board of Trade, a report released on Tuesday by the US Commodities Futures Trading Commission found the board's computerised surveillance system inadequate The biennial report found that the
      UPI  -  315 words
    • Article
      Lock icon Socgen deal to give savings bank 6pc
      274 8 Reuter A LIKELY AGREEMENT to end the battle for control of privatised French bank Societe Generale will leave state-owned savings bank Caisse des Depots and Consignations (CDC) as the biggest single shareholder, banking sources close to the negotiations in Paris said. A Socgen
      Reuter  -  274 words
    • Article
      Lock icon Call for help to restore confidence in Cagamas bonds
      219 8 Reuter MALAYSIA'S central bank, Bank Negara, was urged by dealers to help restore confidence in bonds issued by national mortgage firm Cagamas Bhd in a meeting on Monday, bond traders said. They said Cagamas bonds are being dumped because of a
      Reuter  -  219 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*****A 25.05.89 3.68 3.63 3.68 3.65 6 months BS*****N 17.08.89 3.85 3.80 3.84 3.80 1 year BY*****H 23.11.89 3.91 3.86 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      111 words
    • Article
      Asian $ market
      290 8 Asian market ASIAN dollar deposit rates closed slightly firmer in thin trading yesterday due to a 0.6 per cent rise in US January consumer prices and a drop in bond prices, dealers said. Dealers said the market was awaiting yesterday s US January durable goods orders due at 1330 GMT.
      290 words
    • Article
      Money markets
      73 8 THE OVERNIGHT rate on the Singapore money market rose by 3/8 point to close at 5-1/8 per cent yesterday. The onemonth rate fell by 1/16 point to close at 5-3/16 per cent. The two- and three-month rates remained unchanged. f S$ Interbank rates at the close yesterday: OfHt
      73 words
    • Article, Illustration
      World interest rates
      179 8 Indicates the avtragt of Iht prim* landing rdN of 12 major banks In S'por* Interbank market rates (offer/bid) on Feb 23 us$ DM SWFC Y«o 7 doyt f f/14 7/14 13 ll/l* 9/1* 3/1* 1/14 7/0 S 3/4 4 7/14 S/l4 1 mafc S/0 9 1/3 13
      179 words
    • Article
      Options
      1424 8 CURRENCY FUTURES OPTIONS Thursday, Fab 23, 1989 DEUTSCHE MARK (SIMEX) Iter M Mlk Hiall Law San Mar High 88 pula Law Soa SI S3 53 54 55 56 57 59 CAS 1798 878 358 48 183 89 37 5 54 3A 8A 4IA II6A 2 7 41 113 CAS
      1,424 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      103 8 expanding your client connections around the world yV. hk v, x* «*?£< wiplSfts i 1 wFv* *m i- -*-V vJ: f|% *kJr l#r »i&9N I Slf® sssfl '> 1. W V VAV TAKE CONTROL of your securities trading, settlement and custody. End the Frustration simplify operations without major investment one
      103 words
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  • Page 9 Advertisements
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      289 9 7 lilllllllllllll JAPANESE k CAR OF THE YEAR f v 7 V m** J* MbJM sB 3 V/TN m 5 Willi iilgin We've collected it twice in the last three years. The Japanese Car of the Year is the most coveted award in the Japanese Automobile industry. It isn't given
      289 words
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  • COMMODITIES
    • Article
      KL Tin
      207 10 THE KUALA LUMPUR Tin Mark*! (KLTM) price continued higher to cloee et M 122.02 a kg yeeterday, up 28 cents from Wednesday's closing three-year high, on strong demand from Europe and tight supply, brokers said. "The rise In price has broken psychological barriers of Ms2l and Ms 22
      207 words
    • Article
      Palm Oil
      438 10 MALAYSIAN CRUDE PALM OIL FUTURES closed higher on covering and speculative buying yesterday, reflecting a firmer close on the Chicago Board of Trade. Traders said soyoil futures had gained 100 points over the past two days following reports of a worldwide shortage of oilseed stocks. They added that
      438 words
    • Article
      RAS and MRELB
      278 10 R AS prices In S cents/kg, FOB In b«l«« NOON CLOSE Buyers Sellers Buyers Sellers ln» 1 RSS Prompt 205.50 206.50N 205.50 206.50 Int 1 RSS Mar 89 206.50 207.50N 206.50 207.50 Int 1 RSS Apr 208.00 209.00N 208.00 209.00 Int 2 RSS OP 200.50 202.50N 200.50
      278 words
    • Article
      SSR and SMR
      78 10 (cants/kg) MARCH 1909 APRIL 1989 (current month) (forword month) RAS NOON NOON lvy*r> Saltan ky*n Saltan SSR 20 191.50 I93.50N 191.50 193JON SSR 50 189.50 191 50N 189.50 191.50N MRELB kytn Saltan luyan Saltan smr cv 312.00 3 MOON 314.00 3I6.00N SMR L 310.00 312.00N 312.00 3I4.00N
      78 words
    • Article
      Rubber
      251 10 SINGAPORE: Rubber prices ended higher yesterday with March 1 RSS buyer quoted at 206.50 cents a kg. up 1.50 cents from Wednesday's close. Brokers said prices gained two cents in moderate morning trade on shortcovering following firmer Japanese rubber prices. On the TSR-20 Award market, prices moved in line
      251 words
    • Article
      Soybean & Wheat
      105 10 Soybean Wheat CHICAGO Board of Trade wheat futures closed on Wednesday with pared gains amid profit-taking after a surge around midday. Prices ended up 2-1/2 to 1/2 cents a bushel and spot March finished up 1-1/4 cents at U554.26-1/4. The market was supported by reports of labour unrest In Australian
      105 words
    • Article
      Lock icon Crude Oil and Products
      169 10 Telerate FUEL OIL PRICES were stable to slightly higher on the Singapore market. Activity remained thin and only one deal was heard done for 15,000 tonne of March CST-380 at US$7O.5 tonne fob Sing. Fundamentals were relatively unchanged but players waited to see if trading of
      Telerate  -  169 words
    • Article
      Produce Prices
      237 10 Chinese Produce Exchange Sollors' noon dosing prices on Fob 23 (S$/100 kg) Coconut oil Bulk FOB 108.00 Otd drum FOB 118.00 Now drum FOB 122.00 Copra Mix«d (loos*) 64.00 Popper Juki L /vxunro* wTwT# FOB NLW 747.50 Sarawak whit* FOB foq NLW 737.50 Sorowok spodal black FOB NLW
      237 words
    • Article
      London markets
      271 10 London Commodity Exchange Buyer/Seller dosing prices on Feb 22, (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Bosh In-eor* London, tailors option OF London Mar 1158/60 (1138/40) M^h/low 1164/36 May 1130/31 (1111/13 ►•gh/low 1131/06 Solti (4420) Cocoa Mor 840/841 (847/848) High/low 846/835 Moy 863/864 (864/865) High/Low 867/854
      271 words
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  • PERSPECTIVE
    • Article, Illustration
      The silk route of Mido Textiles
      1293 11  -  Having successfully carved a niche in the rag trade at home, it is time to go abroad, to realise their plans for a global silk link. Economics Correspondent ZHOU MEI profiles Mido Textiles and the second generation Ngs. ZHOU MEI MIDO TEXTILES wants to
      1,293 words
    • Article, Illustration
      Where filial piety rules and father knows best
      760 11 IT IS ONLY RIGHT that the firstborn son should be in overall charge of the business once the father has retired. For that is the way of the Chinese To patriarch Ng Boon Peng, 80 this year, Chinese tradition matters very much.
      760 words
    • Article
      Lock icon Europeans still wary of Soviet might
      772 11  -  Gorbachev's more tolerant attitude towards the West and his efforts to reform the Soviet Union have impressed West Europeans. Still, the Nato countries feel they have to keep their defences strong. SALLY JACOBSEN reports. SALLY JACOBSEN AP SOVIET LEAOER Mikhail Gorbachev's flirtation with the
      AP  -  772 words
    • Article
      Simex has an unenviable task
      453 11 IT WAS AN IMPRESSIVE DEBUT the fuel oil futures contract made on the Singapore International Monetary Exchange two days ago. Although first-day volume (of nearly 27,000 lots) is only a short-term indicator of the interest of investors in a particular contract, the performance was nevertheless
      453 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      260 11 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touches and comforts. For short-or long-term lease, call Florence/Dina
      260 words
  • Page 11 Miscellaneous
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  • Article, Illustration
    Design for business
    635 12 The Swissline OA System BT special advertising feature] LONG GONE are the days when office planning was simply a matter of desks and chairs openly lined up in a clinical, deadpan way. And more people just meant more desks and chairs. Today, forward-thinking managers know how vital
    635 words
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  • Article
    Diethelm sets up R & D division
    299 13 Diethelm sets up R D division A COMPANY with a track record of more than a hundred years in Singapore connotes stability and a canny ability to read and adjust to market changes Diethelm, a leading name in office furniture, spells all these things and more Signalling a firm commitment
    299 words
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  • LEISURE
    • Article
      Lock icon B Dalton to restock and sell The Satanic Verses
      556 14 ■BOOKS NYT FivE DAYS after ordering the removal of The Satanic Verses fjom the shelves of its 1,250 stores, the B Dalton Co said in New York on Wednesday it vfould resume sales of the book ae soon as it was
      NYT  -  556 words
    • Article, Illustration
      Lock icon Cat Stevens backs death sentence
      163 14 AFP FORMER British pop star Cat Stevens, who changed his name to Yusuf Islam when he adopted the Muslim faith in 1977, on Wednesday backed the Ayatollah Ruhollah Khomeini's call for the execution of author Salman Rushdie. He told a meeting of Muslim students at
      AFP  -  163 words
    • Article
      Lock icon Chapman's Fast Car wins the race
      568 15  -  MUSIC By RICHARD DEATLEY AP SINGER-SONGWRITER Tracy Chapman won three Grammy awards on Wednesday night for her debut album, and singer Bobby McFerrin's Don't Worry, Be Happy won him best pop male vocal and song of the year. Irish rockers U2 won for rock
      AP  -  568 words
    • Article
      Lock icon Checkmating drugs
      97 15 CHESS NYT WORLD CHESS CHAMPION Gary Kasparov arrived in Washington on Wednesday on a whirlwind tour to promote an American-British-Soviet effort to fight drugs by introducing chess into inner city schools. "I think it will open new horizons for young people; we can't afford to lose this game,''
      NYT  -  97 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      341 14 POMMERY Where to entertain. ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES PALM For between $26+ and $40+ y° u can select from our appetiser vjKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main
      341 words
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      Page 14 Advertisements Column 2
      228 14 Simmering, 3! 0 3 7 A AT MING PALACE 7pm 10.30pm Select from: Fresh Big Sea Water Prawns Garoupa Meat Fish Balls Beef Chicken Cuttlfish Crab Liver variety of vegetables variety of noodles SSl5+ per adult Sslo+ per child under 12 A 1 Tanglin Road Singapore 1024 Tel: *****33 Win
      228 words
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      Page 14 Advertisements Column 3
      145 14 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50* per person.
      145 words
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      Page 14 Advertisements Column 4
      190 14 Exquisite Thai-Oriental Cuisine at its best i ——i **OOOTHC<TK ICMKX SOVOOO KSVMMITI m n 1* i Beef on Hot Plate Seafood Combination Crabmeat Pancake Fashion Shows on Tuesdays Fridays at 1.15pm Plaza Hotel •**«»coiouar«t. Beach Road Singapore 0719 Z 3 N/ X/ _N/ o at n m i 3 m
      190 words
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      Page 14 Advertisements Column 5
      229 14 Irs o nevDlurion in Russian cuisine 9. M y. J.B aXDOL as ■c 1 The 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
      229 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      166 15 There's a cafe on a lush, green hi 11... where you can take a break. Meet friends. Relax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Curry. Hainanese Chicken Rice. And much more. At (fafe in the Park A<D Century Park Sheraton Singapore
      166 words
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      Page 15 Advertisements Column 2
      93 15 Wine Dine with the Best Pommery Brut Royal was judged to be the best of the nonvintage cuvees sampled at' Wine Dine' Magazines 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, long after-taste."
      93 words
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      Page 15 Advertisements Column 3
      100 15 SOME THINGS NEVER CHANGE.. like romancing candle-light cl nners and oocd old-fashioned dancing espeoallv cha-cha tango foxtrot, samba v.alt; the list noes on At the Hearthrob von can relive those magic moments of yesterday and twho knows 9 mavbe create new ones cot J 4 IS I >1(11 II Level
      100 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      659 15 TOMSHaa @3D3B&3(Dai) CRYPTIC PUZZLE ACROSS 4 They can't manage to draw (6) 7 Australian plum? (6) 8 Childish absentee? (6) 10 She amasses a hoard (5) 13 The beefeater takes one out for a drink (4) 14 Positive consent (4) 15 You may upeet her with some regret (4) 16
      659 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1280 15 TV and RADIO Murder In A Condo OUR CHOICE FRIDAY AT THE MOVIES Too Scared To Scream 10.30pm, Channel 5 Women are dropping like flies in a luxury condo and former Mannix star Mike Connors is cast as the exterminator called in to find the fly-swatter. Connors plays a cop
      1,280 words
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  • SPORTS
    • Article, Illustration
      He's fit, and he's ready
      731 16  -  BOXING By WALTON MORAIS FROM A South-east Asia Games bronze medallist to the professional champion of the world, the unlikely success story of Ellyas Pical is the kind of stuff movies are made of. But this is no celluloid fantasy. Ellyas Pical is as real
      731 words
    • Article
      Lock icon Andries looking for his biggest pay day
      228 16 AFP SELF-IMPOSED British exile Dennis Andries is looking to make his fortune after recapturing his WBC world light heavyweight title on Tuesday night. The remarkable Londoner, officially listed as 35 but rumoured to be even older, had the vacant WBC belt put round
      AFP  -  228 words
    • Article, Illustration
      Lock icon Rules? what rules?
      612 16 Reuter IF TERRY LAWLESS has taught Frank Bruno anything it is to forget about rules when he fights Mike Tyson for the heavyweight title on Saturday. "When you're going to fight Mike Tyson, the first thing you do is you get the rules and tear them up,"
      Reuter  -  612 words
    • Article
      Lock icon Duran's all geared up for fight against Barkley
      483 16 UPI A FLEDGLING title-holder still craving recognition and a past champion no longer taken seriously fight tonight when Iran Barkley defends his World Boxing Council middleweight belt against 37-year-old Roberto Quran in Atlantic City. Barkley, 28, won the title last June with
      UPI  -  483 words
    • Article, Illustration
      Yoo made to fight hard for semi-final berth
      652 16  -  TENNIS by Walton Morais A FIGHTING TERRIER named Mark Fereira pushed third seed Yoo Jin Sun to the brink but the Korean, with his back to the wall, dug deep into his resources and found just enough to qualify for today's semi-finals
      652 words
    • Article
      Lock icon Dutch Daams captures Venezuelan leg
      228 16 CYCLING AP HANS DAAMS of the Dutch PDM team was crowned champion of the Venezuelan leg of the Tour of the Americas cycling contest on Wednesday, as the 96 racers began moving to West Palm Beach, Florida, where the twocountry competition is scheduled to continue
      AP  -  228 words
    • Article, Illustration
      Lock icon Bubka's reign in danger
      324 16 ATHLETICS UPI FOR MUCH of this decade, Sergei Bubka has ruled the pole vault without much competition. Those days appear to be ending. The Soviet Union has produced another pole vaulter who will challenge Bubka in the coming years. His name is Rodion Gataullin, a 23-year-old
      UPI  -  324 words
    • Article
      Lock icon Navratilova scores easy victory over Rinaldi
      245 16 Reuter TOP SEED Martina Navratilova began her quest for her fifth title with a 6-1 6-2 win over American Kathy Rinaldi in the first round of the U*****,000 California Women's Tennis Tournament in Oakland. Fourth-seeded Larisa Savchenko struggled briefly against Jill Hetherington of Canada
      Reuter  -  245 words
    • Article, Illustration
      Lock icon Plain sailing for Agassi
      370 16 AP ANDRE AGASSI mixed a strong backhand with a dash of theatrics to defeat Veli Paloheimo 6-3, 6-2 on Wednesday in the U*****,500 US Pro Indoor Tennis Championships in Philadelphia. In other matches, secondseeded Boris Becker defeated David Wheaton 6-1, 6-4; eighthseeded Dan Goldie spoiled Michael
      AP  -  370 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Will Hong Leong finally raise its offer for Apollo?
      702 17 mm™ HOCK LOCK SIEW THE TAKEOVER bid for Apollo Enterprises Ltd is hotting up, even as Hong Leong extends its offer by another week. With just 24 hours to deadline, Hong Leong has decided to give Apollo shareholders and itself more
      HOCK LOCK SIEW  -  702 words
    • Article, Illustration
      UIC to buy two buildings in Canada for $27m
      492 17  -  Acquisition expected to be completed in early April By ANDREA BORCH UNITEO Industrial Corporation has offered to buy two office buildings in Canada for almost $27 million. UIC Investment Pte Ltd (UICI), a UIC subsidiary, will buy the seven-storey building. Eau
      492 words
    • Article
      Keppel group steers Sim Lim Finance back to profit path
      374 17  -  By KEVIN GWEE THE KEPPEL GROUP has taken Sim Lim Finance Ltd out of the doldrums, returning it to profitability for the first time in three years. SLF, reporting its results for the first time as a member of the
      374 words
    • Article
      Lock icon More companies for KL second board identified
      301 17 Bernama HOT ON THE HEELS of an approval for electrical products and lightings group Lim Kim Hai Holdings (M) Bhd (LKHH), which is to be the first company to be listed on the Kuala Lumpur Stock Exchange s second board, ArabMalaysian Merchant Bank
      Bernama  -  301 words
    • Article
      Lock icon Nanyang Press (M) offers 4.96m shares at M$1.60 each
      272 17 MBT NANYANG PRESS (M) Bhd. publishers of the Chinese daily, Nanyang Siang Pau, is offering for sale to the public 4.96 million shares at M 51.60 each as a prelude to a listing on the Kuala Lumpur Stock Exchange. The offer
      MBT  -  272 words
    • Article, Illustration
      'Information was pricesensitive'
      163 17  -  Insider Trading Trial ALLAN NG A COURT was told yesterday that the information given to Allan Ng on the probable relisting of Sealion Hotels Ltd shares was price-sensitive even if no mention of the Stock Exchange of Singapore's approval was made. Mr Ng Soo Peng, a former
      163 words
    • Article, Illustration
      Vincent Tan courts US raider on SSMC bid
      467 17  -  By HERMAN PHUA THE CONTINUING SAGA over the control of US-based SSMC Inc has taken a new twist with Malaysian businessman Vincent Tan negotiating to team up with US corporate raider Paul Bilzerian to mount an alternative bid for the company. Mr
      467 words
    • SES
      • Article, Illustration
        STI Index falls only slightly despite Wall Street plunge
        1657 18  -  By MICHELLE OH DESPITE a 42-point plunge on Wall Street overnight, the local stock market held up well yesterday, reflecting its resilience. The Straits Times Industrials Index lost only 4.23 points to 1.134.52, while the Business Times Composite Index gained 0.57
        1,657 words
      • Article
        COMPANY MEETINGS
        90 18 THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD: 17th AGM at the Theatrette of the company, Balai Berita, 31 Jalan Riong, ***** Kuala Lumpur tomorrow at 11.00 am. SINGAPORE PRESS HOLDINGS: 4th AGM at News Centre. 82 Genting Lane, Singapore 1334 tomorrow at noon. AVER MOLEK RUBBER COMPANY BERHAD:
        90 words
      • Article
        SES SHARE INFORMATION
        5878 18 1988/89 Tel Last Vol Day Last Quote urs Dlv Dlv ur a Y'W Net M Cap Hign LOW Cod* Company Sale or('000) High Low I Buyer Seller C'vr PI E (mil FEB 23 SESDAQ 187 114 t 4000 Amtek Eng 20c 131 unch 12 131 130 130
        5,878 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices broadly lower
        3525 19 MBT SHARE PRICES retreated under profit-taking to close broadly lower at the Kuala Lumpur stock market yesterday. Plantation stocks, however, bucked the trend to close firmer Brokers said sentiment was influenced by the sharp drop on Wall Street The overnight Dow Jones slumped 42.5 points, the
        MBT  -  3,525 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Record closing high
        530 20 Tokyo Reuter THE NIKKEI index rose to a record close yesterday, and just off an earlier traded high, on buying for position adjustments ahead of a three-day weekend. Turnover was heavy due to active trade in large capital issues, brokers said. The market will be closed for
        Reuter  -  530 words
      • Article, Illustration
        Lock icon Shares lose ground
        449 20 Australia Reuter THE AUSTRALIAN share market closed weaker yesterday as stocks were trimmed in line with Wednesday's sharp falls on overseas markets, brokers said. A 42-point slide on Wall Street gave Australian trading a negative cue. with some brokers forecasting a fall of up to 20 points
        Reuter  -  449 words
      • Article, Illustration
        Share prices finish easier
        1420 20 Hongkong HONGKONG share prices ended easier yesterday but late buying emerged, partially recouping earlier losses. The Hang Seng Index tell 36.36 points to 3.125.20. between a day's low of 3,104 68 points and a high of 3,157.50. The Hong Kong Index fell 24.28 points to 2.064.22.
        1,420 words
      • Article
        Lock icon Taipei: Broadly firmer finish
        463 20 Reuter A LAST-MINUTE surge of investor interest in textile and electronics stocks sparked a rally that powered most Taiwanese stocks to a moderately higher finish yesterday, dealers said. The weighted index rose 85.32 points, or 1.27 per cent, to finish at 6.782.95 against Wednes- day's 6,697.63
        Reuter  -  463 words
      • Article
        Lock icon Bombay: Mixed closing
        191 20 Reuter BOMBAY share prices closed mixed in dull trading yesterday after an 11 per cent rise in freight charges was announced in the railway budget, presented to Parliament earlier in the day, brokers said. "The higher freight charges will have a multiplier effect on prices along the
        Reuter  -  191 words
      • Article
        Lock icon Manila: Active trading
        97 20 Reuter PHILIPPINE SHARES closed mixed in active trading yesterday after slight profit-taking weighed on mining stocks but failed to dampen overall sentiment, brokers said. The Manila Stock Exchange composite index edged higher to 840.70 points from Wednesday's 839.06. mainly on advances in commercial/industrial stocks which were boosted
        Reuter  -  97 words
      • Article
        Lock icon Bangkok: Index down
        161 20 Reuter THE SECURITIES Exchange of Thailand Index (ell 2.22 points to 441.33 yesterday on a turnover of 10,935.764 shares worth 789.07 million bahts. FEB 23 BAHT Ao Kham Thai 418 -8 Ayudhya investment 3875 -1 Bangkok Agro-lnd 111 -5 Bangkok Bank 287 unct> Bank Of Ayudhya 362
        Reuter  -  161 words
      • Article
        Lock icon Seoul: Shares edge up
        224 20 Reuter SEOUL STOCKS edged up in moderate trading yesterday, led by manufacturing and insurance stocks which have done very well in the past few days, brokers said. After a record close on Wednesday, the composite index finished up 0.13 points to 924.45. Turnover was 314.1 billion
        Reuter  -  224 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Shares fall on inflation fears
        867 21 New York Reuter INFLATION FEARS sent Wall Street stock prices sharply and broadly lower on Wednesday. The market dropped at the opening as investors reacted to the report that the Consumer Price Index rose 0.6 per cent in January, higher than most economists had expected.
        Reuter  -  867 words
      • Article, Illustration
        Lock icon Equities open lower
        981 21 London Reuter LONDON share prices were lower across the board yesterday following weakness on Wall Street on Wednesday on nervousness about inflation following a higher than expected US consumer price index. Dealers said a record closing high in Tokyo had little impact. After the initial mark-downs, some
        Reuter  -  981 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1482 21 Reuter FRANKFURT: West German share prices tumbled to a new 1989 low yesterday, as concern about higher domestic interest rates continued to depress market sentiment. Wall Street's 42-point slide on Wednesday and yesterday's lower German bond prices further soured the market mood. "Prospects are pretty bleak," one
        Reuter  -  1,482 words
      • Article
        Lock icon Sharply lower after-tax profit likely at Philips
        666 21 Extraordinary gain expected to provide a boost Reuter ELECTRONICS group NV Philips Gloeilampenfabrieken is expected to report sharply lower 1988 after-tax profits but a large extraordinary gain will lift net profits above 1987's 818 million guilders, analysts said. After-tax profits, which do not
        Reuter  -  666 words
      • Article
        Lock icon US pension fund threatens to sell Chemical Bank stock
        355 21 Reuter NEW YORK CITY'S pension fund is threatening to sell its Chemical Banking Corp stock it the bank helps finance a South Afri-can-controlled company's hostile bid for Britain's Consolidated Gold Fields pic. A Chemical Bank spokesman said on Wednesday that the
        Reuter  -  355 words
      • Article
        Lock icon MB Group to proceed with merger
        362 21 Reuter MB GROUP pic plans to go ahead with a merger of its packaging interests with France's Groupe Carnaud SA, although Elders IXL has blocked approval for the merger from MB's warrant holders. A spokesman for Baring Brothers. MB's financial adviser, said on Wednesday
        Reuter  -  362 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      232 17 :«-x >»< x«< >3®c x«t< x«< >:♦>: »x >:♦>' y IMMEDIATE NOTICE OF IMPORTANT CARGO AUCTION (Iran, U.S.A. Trade Embargo) -.J TWO DAY PUBLIC AUCTION HANDMADE PERSIAN CARPETS f X AND OTHER FINE EASTERN RUGS ADDED TO CONSIGNMENT J CARGO CONTENTS 190 PIECES A Fine Tabriz. Kirman, Sennah, Kashan. Oom,
      232 words
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      Page 17 Advertisements Column 2
      5 17 Clambo hat been held over
      5 words
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      Page 17 Advertisements Column 3
      202 17 Financial Newsmakers SIM LIM FINANCE LTD (Incorporated in the Republic of Singapore) AUDITED RESULTS FOR THE PERIOD ENDED 31 DECEMBER 1988 The Directors advise the following audited results of the Group and of the Company for the nine (9) months ended 31 December 1988: GROUP COMPANY ($•000) Operating income Other
      202 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      906 20 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MAKONG INVESTMENTS PTE LTD (Incorporated in Singapore) (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of members of Makong Investments Pte Ltd duly convened and held at 190 Middle Road #09-01 Fortune Centre, Singapore
      906 words
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      Page 20 Advertisements Column 2
      924 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ELGA (SINGAPORE) PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company, which Is being wound up voluntarily, are required on or before 26 March 1989 to send in their
      924 words
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      Page 20 Advertisements Column 3
      651 20 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF BELANAK SHIPPING PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that a Final Meeting of the members of the abovenamed company will be held at the Liquidators' Office, 47 Hill
      651 words
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      Page 20 Advertisements Column 4
      749 20 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF CONCRETE (PREMIX) PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of Concrete (Premlx) Pte Ltd duly convened and held at 10 Collyer Quay #21-01. Ocean Building. Singapore
      749 words
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      Page 20 Advertisements Column 5
      139 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FOOK LAI HENG PTE. LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Cap. 50 that a Final Meeting of the Members of the
      139 words
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      Page 20 Advertisements Column 6
      10 20 M onagers ust anage BT shows you how every Monday.
      10 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      105 21 FOR SALE TRAVEL AGENCY HIGH TURNOVER DIVERSIFIED CLIENTELE OVERSEAS AGENCY REPRESENTATION PRESTIGE LOCATION EXCELLENT FUTURE FOR PROSPECTUS CONTACT TRAVEL-TEMPS *11-04 Peninsula Plaza Singapore 0617 Telephone No. 336 0646 This announcement appears as a matter of record only A INDIAN BANK (Incorporated in India, a Government of India Undertaking) The Colombo
      105 words
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  • Article
    Contractors win record deals abroad
    535 22  -  $544 million worth of projects By LILIAN ANG OVERSEAS PROJECTS clinched by Singapore contractors reached an all-time high value of $544 million last year up 53 per cent from 1987. The figure which contrasts sharply with the $118 million recorded in 1984 when the Construction
    535 words
  • Article
    US to push harder for Pacific nations to share cost of keeping its military presence
    524 22  -  By BOEY KIT YIN THE BUSH ADMINISTRATION will continue to sustain a strong military presence in the Pacific region, but it will push harder for Pacific countries to share more in the costs, US Ambassador
    524 words
  • Article
    Lock icon Broker begins EC court action over tin fiasco
    139 22 Reuter A LONDON BROKER yesterday started court action to try and prove that the European Community was liable for damages incurred during the 1985 tin market collapse. The case is part of a protracted international legal battle in which banks and brokers
    Reuter  -  139 words
  • Article
    Lock icon Big names align behind HK rivals for cable TV licence
    431 22 FT INTERNATIONAL telecommunications and television companies are linking up in rival groups behind two of Hongkong's most powerful tycoons Mr Li Kashing and Sir Y K Pao to compete for the colony's first cable television licence which is expected to
    FT  -  431 words
  • Article
    Lock icon Taiwan expects slower GNP growth this year
    144 22 Reuter TAIWAN'S gross national product is expected to grow slower this year because the island's appreciating currency would hurt its exports, the Bureau of Statistics said. The bureau revised the GNP growth target downwards to a real 6.81 per cent for 1989 from
    Reuter  -  144 words
  • Article
    Lock icon Seoul, US to discuss trade in telecoms
    186 22 Reuter SOUTH KOREA will discuss with the Bush Administration a US demand to lower barriers to trade in telecommunications but will not make unilateral concessions. officials said yesterday. "We will try to narrow differences through negotiations although we can't meet US demands to
    Reuter  -  186 words
  • Article
    Lock icon Bank Negara wants CCB placed under receivership
    331 22 Bernama BANK NEGARA wants to place the Cooperative Central Bank under receivership to protect CCB's depositors, the Kuala Lumpur High Court was told yesterday. "The directors and shareholders of CCB have had their day. They had gone into big commercial loans, had elected
    Bernama  -  331 words
  • Article
    Lock icon Revamp European education system: report
    339 22 FT EDUCATION and training need to be transformed urgently throughout Europe if companies are to remain competitive with their American and Japanese counterparts. according to a report by a group of leading European companies. The report, prepared by the Round Table of European Industrialists, claims
    FT  -  339 words
  • Article
    Lock icon Fijian minister impressed by Malaysia's NEP
    144 22 Bernama VISITING Fijian Information Minister Mr Ratu Inoke Kubuabola said yesterday that he was impressed with Malaysia's New Economic Policy, in particular with its objective of eliminating the identification of race with economic functions through the restructuring of society. "It is very impressive." he
    Bernama  -  144 words
  • Article
    Lock icon Review of US policy towards Soviets will not affect Asia, says Bush
    301 22 AFP WASHINGTON is reviewing its policy towards the Soviet Union, but this will not adversely affect Asia, US President George Bush yesterday assured Japanese Prime Minister Noboru Takeshita. a Japanese spokesman said. Mr Bush, who arrived in Tokyo
    AFP  -  301 words
  • Article
    Govt urged to hold talks with CFC industrial users
    605 22  -  By GENEVIEVE CUA SUPPLIERS of chlorofluorocarbons (CFCs) chemicals believed to be harmful to the earth's protective ozone shield have called on the government to hold talks with industrial users of CFCs. This was one of the possible courses of action brought
    605 words
  • Article
    Lock icon Layoff at Thai transport body
    156 22 AFP THE BANGKOK Mass Transport Administration said yesterday that it would lay off up to half of its workforce in the next two years. Viroj Neyothin, a spokesman for the government concern which operates about 5,000 buses in the Bangkok area, said that it planned
    AFP  -  156 words
  • Article
    Lock icon Comex gold
    78 22 Reuter COMEX GOLD FUTURES were marked up on mixed buying against a depressed dollar in early trading yesterday but prospect of further producer selling limited the metal's upward potential. April gold moved ahead by US$3.9O to U*****.10 an ounce, setting a new recovery high since dropping on Feb
    Reuter  -  78 words
  • LATE FILE
    • Article
      Lock icon PM Lee leaves Taiwan for Tokyo
      51 22 AFP PRIME MINISTER Lee Kuan Yew concluded a five-day vacation in Taiwan yesterday, and left for Tokyo to attend Emperor Hirohito's funeral today. Mr Lee and Taiwan President Lee Teng-Hui exchanged views on strengthening ties between the two countries while they toured central Taiwan.
      AFP  -  51 words
    • Article
      Lock icon Vietnam wants S Korean money
      58 22 Reuter PROSPECTS for long-term economic cooperation between South Korea and Vietnam are bright. "Vietnam appears badly in need of foreign capital to boost its economy. We received offers to participate in various development projects." said Koo Ja-Hak. chairman of Goldstar Semiconductor, on his return to
      Reuter  -  58 words
    • Article
      Lock icon Vow to wipe out corruption
      53 22 Reuter PRESIDENT Lee Teng-Hui said yesterday that Taiwan's new affluence had led to "imbalance and disorder" and vowed to wipe out official corruption. He told the National Assembly that he was determined to get tough on the growing social disorder and re-instill a respect for
      Reuter  -  53 words
    • Article
      Lock icon Bruneians get another tax break
      53 22 AFP BRUNEIANS who pay no income taxes will also no longer pay duty on inheritances of up to Bs2 million, ruler Sultan Hassanal Bolkiah said yesterday in a National Day broadcast. Estates valued at more than Bs2 million would be subject to a 3 per
      AFP  -  53 words
    • Article
      Lock icon Sabah's M$2.7b trade surplus
      38 22 Bernama SABAH's trade surplus for last year declined by M 5180.4 million or 6.3 per cent to M 52.69 billion from M 52.87 billion recorded in 1987, the Sabah Statistics Department said yesterday. Bernama
      Bernama  -  38 words
    • Article
      Lock icon Professor gets treasury post
      40 22 AFP US PRESIDENT George Bush announced yesterday the nomination of John Robson, a professor of management at the Emory University School of Business Administration in Atlanta, to the post of Deputy Secretary of the Treasury. AFP
      AFP  -  40 words
    • Article
      Lock icon Indo-Nepal pact may break down
      57 22 Reuter NEPAL'S long friendship pact with India could break down over the Himalayan Kingdom's growing ties with China, Nepali and Indian diplomatic sources said yesterday. The 39-year-old treaty is expected to face a severe test in the first week of March when Indian External Affairs
      Reuter  -  57 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      162 22 m p u THE PENTHOUSE (HOLLAND RD) RESTAURANT |211 Holland Avenue Holland Shopping Centrp Spore 1027 Tel *****06 *****52 FREE! One Suckling Pig, for every table of Suckling Pig Set menu ordered. No Take-aways LOCAL SUCKLING PIG SET MENU $288 Cold Dish Special Shark's Fin Soup with Crab Meal Local
      162 words
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      Page 22 Advertisements Column 2
      23 22 Tokyo caught up in diplomatic franzy, PAGE 5 US foralgn policy drifting, say critics, PAGE 6 Call for US Industrial policy, PAGE 6
      23 words
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      Page 22 Advertisements Column 3
      129 22 Tha lilvir report was not available at praaa-tima. leaving Singapore for 3 weeks? know your family is safe and happy... V\' j You owe it to yourself to check out Ardmore Park... the security is excellent, school buses call at the gate, and there is aerobics, squash, tennis, swimming, chip
      129 words
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  • SHIPPING TIMES
    • Article
      Singapore launches data link with Bremen port
      221 23  -  By RAHITA ELIAS PORT USERS can have access to a wide range of information about the ports of Bremen and Singapore, which yesterday launched their first Teleport data link. For the Port of Singapore Authority, this inter-port datalink is its second after Hongkong
      221 words
    • Article
      Essmarine appointed shipping agents for APL in Malaysia
      239 23  -  By G DURAIRAJ AMERICAN President Lines has appointed Essmarine Agencies Sdn Bhd to take over from Boustead Shipping Agencies the representation of the line in Peninsular Malaysia. The agency transfer from Boustead, which has been representing APL for nearly 20 years, will
      239 words
    • Article
      NZ line and union agree to reduce crews on ships
      270 23  -  By JOHN SPIERS THE Union Shipping Company of New Zealand and NZ Maritime Unions have agreed to cut crews on its four ships in the transTasman trade by up to one third, saving about NZ$3 million per year. The breakthrough
      270 words
    • Article
      China Shipbuilding likely to break even with its biggest order
      349 23 TAIWAN'S state-owned China Shipbuilding Corp, a loss-maker throughout its 14-year history, is working on its biggest order and may break even within three years, the company president said. Yeh Man-shen said China Shipbuilding has received orders for 15 ships totalling
      349 words
    • Article
      Lock icon PORTSIDES Seaway may reopen on March 30
      62 23 Reuter THE St Lawrence Seaway should reopen for navigation on or about March 30. with firm opening dates to be announced as early in March as possible, the Seaway Development Corp said. The exact date of the reopening will depend on the progress
      Reuter  -  62 words
    • Article, Illustration
      Lock icon HK businessmen take the helm from Greeks
      824 24 UPI LEADERS of a revival in world shipping are not jetsetting Greek tycoons but shrewd Chinese businessmen whose public profiles are so low they go by only their initials. Renowned as clever, conservative businessmen who stretched their flair for economy to their very
      UPI  -  824 words
    • Article
      INDEX TO ADVERTISERS
      1043 24 A6 Shpg V s ABC Container a 1 Accord Shpg VI i a Ahr«oki«l l.ner X 4 Alltrons IV 1 AC Toepfer XI s American Tpt X 4 Anro Ser.ce IV 2/3 Arrow lines IX 5 Anon Oceon XI 4 Assoc Corrioge XI s AMI 1 117
      1,043 words
    • Article
      Balmer sets up joint box leasing firm
      359 25  -  By SHIRISH NADKARNI BALMER LAWRIE and Co Ltd (BLCL), a government of India enterprise, will set up a jointventure container leasing company in the Channel Islands with an entrepreneur based in the United States. The company has sought the necessary permission to launch
      359 words
    • Article
      Lock icon Amoco Cadiz clean-up costs still in dispute after 11 years
      268 25 Reuter ELEVEN years after the Amoco Cadiz ran aground off the coast of France causing the largest marine oil spill ever to reach land, the parties involved are still a long way from determining who will pay the clean-up costs
      Reuter  -  268 words
    • Article
      SHIPPING EVENTS
      398 25 March 7 Fire protection of electric cables, technical meeting, 1730 hours. Institute of Marine Engineers. The Memorial Building, 76 Mark Lane. London, EC3 March 9-10 The Motor Ship 11th international marine propulsion conference and exhibition, Hotel Russell, London. Details: Status Meetings Ltd. Festival Hall, Petersfield, Hampshire GU3I 4JW.
      398 words
    • Article
      Lock icon P & O buys Rhenania
      153 25 P O buys Rhenania Reuter SHIPPING firm Peninsular and Oriental Steam Navigation Co has agreed to buy Rhenania Group from British packaging group Bowater Industries for £45 million. Rhenania is one of West Germany's largest transport and distribution companies "The acquisition of Rhenania further strengthens P O's market position in
      Reuter  -  153 words
    • Article
      Lock icon London-based club to operate in Japan
      165 25 Seatrade Week BRITANNIA P I CLUB has become the first foreign club to be granted a licence to carry out business in Japan. The London-based club is to open a branch office in Tokyo to underwrite P I and freight, demurrage and defence business
      Seatrade Week  -  165 words
    • Article
      LONDON FREIGHTS
      1045 30 SCATTERED grain chartering on Wednesday out of the US and the Continent and continued time-charter activity featured an otherwise rather dull freight market. Grain from the US Gulf to La Guaira and Maracaibo paid U5518.75 while business was arranged under the World Food Programme for wheat from the
      1,045 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8359 30 AAMWI9 London Eipim Triot Fet> 20tPK). Muilt Rotterdam Mwlt Lme F«e 23 Ming Prosperity Yang Ming Fob 25 Villa do Neptune CM 0 Altretement Fob 26 Toyama. ScanOutcht Fob 27 Evor Gallant Evergreen Fob 29 Kang Ho. China Ocoan Shpg March I
      8,359 words
    • Article
      SHIPS IN PORT
      1226 30 AT CONVENTIONAL WHARVES VnmI 1 CD Arrival Departure KEPPEL WHARVES SOVO'KJ UO alongside 24 02j 1200 ff0*0«0nito K3S olongtido 24 02,0100 Koto A flung K3I olongside 2502/0600 Koto foior 132 ok>ngsido 2508/1800 lm Petoimg 2 K21 alongside 24 02,0600 Me< Prmopol K33 olongside 2S 02,0600 Niogo 21
      1,226 words
    • Article
      BUNKER MARKET REPORT
      562 32 Density Water Carbon Ash Aluminium Sediment Residue KG/M'3 V/V M/M M/M PPM M/M Exxon method ISO/Cimac limits Spec E25 991 1.0 15.0 0.10 30* 0 15* Spec G35 991 1.0 18.0 0 15 30* 0.15' Northern Europe 180 Ave 980 0.1 12.9 0.04 7 0.04 180 Max
      562 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      863 23 > TIMES STP Distributors r>m«s Publishing Croup OOCL winr JAR DINE SHIPPING AGENCIES 200 Cantonment Road #12-05 Southpotnt. Singapore 0208 Tel *****11 TELEX NO US ***** TERMINAUCFS Tei *****18 220 BOOKINGS Tel *****34 235 PCSAKA JAROINE SHIPPING AGENCIES SON BHD PORT KELANG TEL *****18 Ttiti No MA*****/MA***** Dl. J i
      863 words
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      Page 23 Advertisements Column 2
      63 23 LEADERS of a revival in world shipping are not jetsetting Greek tycoons but shrewd Chinese businessmen whose public profiles are so low they go by only their initials. Page II BALMER LAWRIE and Co Ltd (BLCL), a government of India enterprise, will set up a joint-venture container leasing company In
      63 words
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      Page 23 Advertisements Column 3
      721 23 <W > .\0 V I u TIMES STP Distributors g&£ I SL' ss* MAERSK LINE DESTINATIONS Tntt week Loon M Ctoeing Time CV 28/2 0700 MRS CFS 27/2 2100 HRS LOUIS M LEISC M LARS M LAURA M REGINA M LEXA M MC KINNEY M LEOA M TTM week Louta
      721 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      579 24 APPOINTMENT j i WANTED: SENIOR ACCOUNTS MANAGER CANDIDATE TO HAVE PREFERABLY SHIPPING AND OR INTERNATIONAL BUSINESS EXPERIENCE AT ACCOUNTS MANAGER OR ASSISTANT MANAGER LEVEL. SELECTED CANDIDATE TO RECEIVE COMPETITIVE INDUSTRY WIDE REMUNERATION PACKAGE. TO APPLY PLEASE PHONE ALICE FOR APPOINTMENT AT *****26. u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG
      579 words
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      Page 24 Advertisements Column 2
      103 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association Sf c SAV Compjriu SudArrcr Cjru doVjpores S A. Ch'ejn Lmc fn 'a/j EXPRESS SERVICE TO/FROM CHILE FEEDER I S POKE I MOTHER VESSEL HK TOKO ARICA K}Q ANTOFVALP SAI VESSEL CSAV «3
      103 words
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      Page 24 Advertisements Column 3
      796 24 CvJ Iyjy REGULAR INDEPENDENT FULL CONTAINER SERVICE Bremen via Hamburg TO MEDITERRANEAN FEEDER PKL BCL/VIC ALX* NORASIA PRINCESS VM32-3 2/3 3/3 4/3 11/3 22/3 23/3 NORASIA SUSAN VB9Ol-3 10 3 11/3 12/3 270 31/3 4/4 NORASIA SINGA V 8902-3 20 3 21/3 20/3 CM 10/4 5/4 NORTH SEA V 8903
      796 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1081 25 0 The Straits Steamship Group VM P&O Containers CONTAINER SERVICE TO UK/CONTINENT: CONTAINERSHIP SERVICE FROM UK/CONTINENT •Calling Sharjah Accepting cargo to Doha. A. Dhabi. Mombasa. B. Abbas A Dar-tt ullam via Ouba., Ahwa^.nTLCL eaaoe. to Cull Ports OCCAM STRENGTH OCCAM SINCERITY JAPAN SERVICE, TO* MY NEW OASIS a* ar L
      1,081 words
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      Page 25 Advertisements Column 2
      635 25 NOTICE M.V. "GOLDEN ARROW" VOY.B ARRIVED SINGAPORE 14.01.1M8 Consignee of all damaged cargoes ei the captioned veaael are hereby notified that a General Survey will be held on the 25th February 1989 (Saturday) at Keppel Wharvea K2O from 0900 hour* 1200 hours. No further survey will be entertained thereafter Agents:
      635 words
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      Page 25 Advertisements Column 3
      121 25 NOTICE ANNOUNCEMENT EURO BOX LINE IS PLEASED TO ANNOUNCE THE COMMENCEMENT OF A WEEKLY FCL AND LCL SERVICE TO THE CANARY ISLANDS, PORTUGAL AND WEST MEDITERRANEAN DESTINATIONS. FOR INFORMATION AND SERVICE, PLEASE CONTACT OUR GENERAL AGENT: NEWSHIP AGENCIES PTE LTD 19 CARPENTER STREET SINGAPORE 0104 TEL: *****77 iSJ! EUROPE fcl
      121 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      481 26 HSINOSE MARITIME PTE LTO EH ISLAMIC Rf PUBLIC Of IRAM SHIPPING LINKS IRAN MEEAO PJL 675 IRAN TAKHTI PJL 673 Singapore Loading for SLO BANDAR ABBAS ETA 11/2 BANDAR ABBAS T*YOWA\ KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL S PORE HK LOAD FOR: KYOWA HIBISCUS V 35 2/3 VILA, NMA.
      481 words
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      Page 26 Advertisements Column 2
      1056 26 (Q HANJIN SHIPPING CO., LTD. I TO EUROPE VIA SUEZ n/'i I V CONTAINERISED SERV[if TO USA PACIFIC SOUTH WEST 1 FROM EUROPE VIA SUEZ KUANTAN S'PORE LOADING FOR 20/3 DUBAI. DAMMAM. KUWAIT »N T/S PORT u« MAUL an pus. mi maw,,, stout w W no. NANJ IN MJSAN m
      1,056 words
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      Page 26 Advertisements Column 3
      753 26 >] EVERGREEN 1 Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) PKL SCP HKC KSC KLG PUS MKT OS* EVER GAROEN Wt IW M W8 M 1«B ever growth nm o/o »m ow .im ism um IVU GUANO 1203 10m 14m 1503 1703 Xfiß 22 03 2403 EVER OUT lUi »«3
      753 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      912 27 SSB9SBBBSBS9BB9B9bsS v PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL SEA PEARL MAI QUANG MAJAPAHIT ACCEPTING MURURAN/TOMAKOMAI/HfTACHI CARGO VIA HKQ JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE VESSEL VOV SIN BLW PEN PKL SM KOTA
      912 words
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      Page 27 Advertisements Column 2
      495 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT an n/j m EXPRESS CONTAINER SERVICE FROM UK/CONTINENT i an lam 1/J I eimn an an V 3 VI ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI MB NEW ZEALAND SIN MAIN
      495 words
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      Page 27 Advertisements Column 3
      521 27 > DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY S. PANJANG/21W MATARAM/23W8 ANTWERP H'BURG/ RDAM/ADAM BREMEN 10/4 14/4 29/4 1/5 Sub)«ct to Inducement Also accepting cargo to Casablanca, Port Said, Port Alexandria,
      521 words
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      Page 27 Advertisements Column 4
      361 27 BOUSTEAD SHIPPING AGENCIES PAGAN VI3IW HTONEYWA V244W TAUNC GYEE V34M PA AN VIJSW BURMA FIVE STAR SHIPPINfi CORPOMTWM (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok iws ft 23/25 Fab In Ml FA 4* Mar vra Fat BANK UNI 11-CONTAINER SERVICE NORTHBOUND TO UKC MORAYBANK V7N CLYDEBANK V2SN
      361 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      920 28 Q K l INfc KAWASAKI KIShN KAISHA. LTI). N. AMERICA-ATLANTIC COAST 0. FAIR Vl3/AMBASSADOR BRIDGE NEPTUNE GARNET 0. FREEDOM V24/OOCL FAIR RAINBOW BRIDGE •PK/PNG SGP ORIENTAL FAIR NEPTUNE GARNET ORIENTAL FREEDOM RAINBOW BRIDGE FEEDER VESSEL ORIENTAL FAIR NEPTUNE GARNET ORIENTAL FREEDOM RAINBOW BRIDGE PACIFIC SOUTH-WEST VOY *INDO 13 27/2 •PK/PNG
      920 words
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      Page 28 Advertisements Column 2
      584 28 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCUFCL Contalnara KALI OAS 41 9 Mar TULSIOAS ¥.40 1 Apr KALI DAS ¥.42 2 Mi) TULSIOAS ¥.41 Mi, Transit Km Support/ Mitourrw U fey* P KtLing P*nan f Loading tar. M By fm&m By fmOm M»' 4 Mir 4 Mir Fram/tMUSydrvAM 1 Apr 26
      584 words
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      Page 28 Advertisements Column 3
      590 28 GOLDEN LINE GU«N GUAN SHIPPING (PIE) LTD n, r«M amt sif**t SINCAPOIU 0104 TEL TIL: uum (10 LINES) ru U4JJO4 STRAITS/PERSIAN GULF SERVICE: S'poft PKetan, Penanc GOLOCN WONDER Cotoufco/Karadii/ftilai 110 Mar GOLDEN HAVEN Cotomte/KiridWOub* CHINA SERVICE A VESSEL Huancpuf Shjoftu, CHINA OCEAN SHIPPING CO., PEKING 1 THE PEOPLE'S REPUBLIC OF
      590 words
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      Page 28 Advertisements Column 4
      469 28 PHIII OniCNT UN(S PTC LTD HIAO OFPiCJ 63 ROSiNSON BOAO .07-12 AFRO ASIA BUILOiNG SINGAPORE 01C5 TftEK RS ***** PMIH FAK *****7? MST/FMI EAST Fa a La SERVICE ETA SINGAPORE DESTINATION 10/3. 22/3 J EDO AM (ICL) WEEKLY AQABA. HOOtIDAH COLOMBO, KARACHI, BOMBAY MADRAS. CALCUTTA fTTir-l n MOMBASA. DARESSALAM ASSAB.
      469 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1405 29 NEPTUNE AGENCIES PTE. LTD NE PI ME SON BHD Bookings FE tu/Ausr 2/M7S3 j^^^SLJD NEPTUNE I M P OR T EXPORT miKf.misii NYK 16/1 23/1 30/1 6/2 HOU 19/1 26/1 2/2 9/2 MOTHER VSL O. Explorer 46W N. Amber 1W O. Executive 84W Y Maru 7W OAK 31/1 7/2 14/2
      1,405 words
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      Page 29 Advertisements Column 2
      778 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. KELANG MESSRS HAI THONG SNIPPING 12/ Ptwng Street. Penang. Malayw M,S HANDLING SYSTEM CO SON
      778 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      303 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTO. rCL 225 6868 (34 Imei) FAX *****39/*****76 FELEX HS ***** A/B SSCMA. HS ***** A/B SSCAO DSR-LINES 1 i VE6 OEUTFRACHT SEEREEDERE: ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE ■VIA LARNACA ACCEPTING CARGO FOR UMASSOU BEIRUT. UTTAKIA,
      303 words
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      Page 30 Advertisements Column 2
      89 30 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED OAY ARRIVAL TO TAIWAN JAPAN HI RMS ACE VU HAKUSAN II V 3 CONTINENT VM KABUKI VII HEMKS ACt Vl» IfTf I!'tTTT77M:MTiai-"'TT T -T.: mgji IMJ.l'lllJi'.T r*rr^Mr'arßP T ir r iFßririr'ira HAKUSAN II VJ CONTINENT Vll KABUKI VU HERMES ACE Vll HAKUSAN II
      89 words
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      Page 30 Advertisements Column 3
      29 30 KOREA KIMCHEK SHIPPING COMPANY ETHIOPIA SERVICE ASSAB 1 A AGENT INTERVESSEL MARITIME PTE LTD 10 ANSON ROAD #33-03 INTERNATIONAL PLAZA STORE 0207 TEL: 2221>23 TLX RS 210*2 TELEFAX *****71
      29 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      151 30 a 1 Ri m -4 ST; BSSP SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Feb 24, 1989 R c X\ Sho»e' Weot»»et Wind ejection with speed <n kr>ots V£**, w o«^ Su»*oce ore •'kJ coied by onowt My w»tk »Ke •h^ Q One full circle represent* cofrn or orvd
      151 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      578 31 FARGO SHIPPING Tel:SB<& 0122 W ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND vs. C. feratow 2M Mmrp« m TNT U*r*u m L HUOK 222 X* DATS TO SYDNEY! TO USA/CANADA VS. C. V*rotM 2» Antawfw 211 TNT Eww 221 E.HUOK222 SS «w>. Norfolk. Baltimore, Now York, Boston CANADA Montreal, Toronto. S.
      578 words
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      Page 31 Advertisements Column 2
      426 31 AICHFIEIO MARINE AGENCIES |S] PTE LTO" EJ TEL *****33 (10 Line*) FAX *****15 TELEX RS ***** RISHIP (3 Line*) mm ETHIOWW iWPPWfi liW {NAtonttt line of tttiiopa} accepting fcl and conventional PEN/PKQ ETASPOWE LOAOiNG FOfl ITI M/V JURtNA In Port DARESSALAAM MOMBASA DJIBOUTI VOY IWB ASSAB. MASSAWA. MOO6IOAH M/V ABBAY
      426 words
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      Page 31 Advertisements Column 3
      942 31 PERKINS TO DARWIN/PT PERKINS SHIPPING PTY. LTD. OarwiM, AwstraMa MARKHAM BAY V 4 MARKHAM BAT V.s MARKHAM BAT V.I 'SUBJECT INDUCEMENT Container A RO/RO CMrjow ETA/ETD PORE Via F«k ETO OARWIR S Mir ETA/ETO S PORE I*ll Mar ETO DARWIH 25 M*r ETA/ETO S PORE l/l Apr ETO DARWIN 17
      942 words
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      Page 31 Advertisements Column 4
      253 31 fr UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 Q IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT rTTTi BOUND SERVICE ETA S'PORE LOADING FOR MV ALKINOI SM Korea. Japan WEST BOUND SERVICE MV SINDBAD 24/2 UM Qasr/Basrah/BafMad I Other Arabian Gulf Ports THROUGH «/Ls to BACHOAO
      253 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      697 32 ra FINE-LINER SHIPPING .1 Shenjon Wiy 04-02 C Minni House S c<> r 020 PTE LTD TEL: *****77 (A Lines) TLX RS ***** FLINER FAX *****% EUROPE SERVICE (FCL LCL) na m '1 U 3 an in* 213 an V* M* lII* IV4 CSZH FAR EAST SERVICE (FCL LCL> w
      697 words
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      Page 32 Advertisements Column 2
      756 32 Z I M Full CONTAINER SERVICE accepting fCI/tCI cargoes to USA (ill ft West Coast. Carnbtean.East Canada, HAITI Costa Rica. II Salvador. Guatemala, Honduras. Vaneiuela. Peru, Ecuador, Colombia via Miami Trinidad. Barbadot Antigua SI lucia, Montirrrit. Cuayana via Kmftton 'i' il IB iJ \U AUSTRALIA CONTAINER SERVICE VESSEL ZIM MOHSIUNC
      756 words
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      Page 32 Advertisements Column 3
      389 32 LOADING FOR CALLAO, MATAR AMI, ILO* ANO ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON :PV THROUGH BILL Of LADING TO FINAL DESTINATION. P«»m* P KcUng* Singapore MANOLOEVERETT 77(7* Ftb Iff M», ROSE EVERETT Isfli JOHNEVEAETT 77/fl tor "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOAO4NG FOR YOKOHAMA. KOBE.
      389 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      234 33 Seabrfctefe ryumMBIITAI I MK« INTERCONTINENTAL LINES JEURO AFGHAN/IRAN/IRAQ SERVICES SEABRIOGE EUROPE i SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG iONORE UK, HAM, RTM. L HAVRE, ART, GENOA, ARAHUS, STOCKHOLM, Ha, CPM, GOTBG, MARSEILLES, OSLO A ALL INLANO DESTINATIONS POINTS. SEABROIGE FAB EAST. VIETNAM CHINA SERVICES I SINGAPORE
      234 words
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      Page 33 Advertisements Column 2
      160 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 0 TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ BANGUI/KINSHASA TTA Freight Pte Lid Tel: *****55 TLX RS 4Q063_ INTERTEAM ■a f'M
      160 words
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      Page 33 Advertisements Column 3
      552 33 SING KWANG HANG SMWPtNO TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE Emma VESSEL JENLINK V 96N A VESSEL DESTINATIONS ETA SINGAPORE PORT KELANG 2S FEB MANILA 26 FEB HONG KONG, ALL CHINA PORTS 24 FEB KEELUNG. KAOHSIUNG 26 FEB BUSAN 31 MAR TOKYO. KOBE 3 MAR CHITTAGONG 1 MAR DUBAI 27
      552 words
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      Page 33 Advertisements Column 4
      473 33 tt* GLORY NAVIGATION GROUP l.|j-riH,HL'|j,rT7ITT TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SP PW. GLORY St LA TAN VIII Vty 94 4/J GLORY SELATAN ¥1 Voy 9/7 GLORY St LA TAN VII Voy 97 28-27/2 m 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND
      473 words
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      Page 33 Advertisements Column 5
      386 33 PTC CONTAINER LINES FCI LCI SERVICE 1 SIM M EAST 26/2 KEELUNG/KAOHSIUNG 1/3 BANGKOK 26/2 MANILA 25/2 JAKARTA 25/2 PORT KELANG/PENANG 3/3 BUSAN 28/2 TOKYO/YOKO/KOBE 28/2 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EHMPE/BK 28/2 RDM/HAM/ANT/LE HAVRE/GENOA 28/2 LDN/FLX/LVP/SOU SIN MSA/CANAIA 2/3 L.A./NYC/SFO 26/2 VANCOUVER/TORONTO/MONTREAL i ii.MiTTj.u 1/3
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      485 34 Hai Sun Hup Co (Pte) Ltd re L *****06 (20 Lines, TLX MS ***** &RS ***** INIL INTERMARITIME SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK OBN CT IML VB3* M/ 3 21/3 24/3 *4 lift vt4* 14/4 20/4 23/4 Hi W MM. VIS* l«/ 5 23/5 21/5 11/1
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      Page 34 Advertisements Column 2
      289 34 YANG LINE EXPRESS FAR EAST/EUROPE FULLY CONTAINERISED SERVICE WESTBOUND QUEEN'S NAY BRIDCE 7W CHOYANG PARK 1W HANJIN OAKLAND 1W CHOYANG SUCCESS 2W Also accepting for Inland UK destinations Antwerp and Scandinavian ports CHOYANG SUCCESS 01E HANJIN ROTTERDAM 01E HANJIN HASAN 47E QUEEN S WAY BRIDGE 07E Ldg for MK/KAOmOBE/YOKO/BUSAN STRAITS
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      Page 34 Advertisements Column 3
      333 34 LP\M P.T. MASKAPAI PKLAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR 800 KINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE W. MALAYSIA SERVICE 'fcT! EEBMSSISSB&i
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      Page 34 Advertisements Column 4
      756 34 -X mu< CALL US AT: P. KELANG PENANG J. BAHRU P GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07 *****8 07-*****3, *****5, *****0, *****1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE REGULAR FAR EAST/MEDITERRANEAN CONTAINER SERVICE TO MEDITERRANEAN FEEDER 8 BUTANC 527 I BUTANC S2» FROM: MEDITERRANEAN
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