The Business Times, 27 February 1989

Total Pages: 32
1 32 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 45/12/88 MONDAY, FEBRUARY 27, 1989 75 CENTS
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  • 508 1  -  By MAGDALENE NG THE Stock Exchange of Singapore is introducing more changes in its continuing efforts to upgrade the image and operational efficiency of the securities industry. In the area of trading, the SES is considering limiting the size of married deals
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  • 271 1 Bernama LEADING MALAYSIAN industrialist Robert Kuok Hock Nien has said that it would be ironic for foreign investments to be given preferential treatment in view of the billions of dollars such investors remit overseas. Speaking to the Malaysian Institute of Directors in Kuala Lumpur
    Bernama  -  271 words
  • 641 1  -  Philseco, Philippines' biggest, to be privatised this year By ELAINE KOH SEMBAWANG SHIPYARD and Keppel Corporation are separately looking into taking over the Philippines' biggest shipyard, to be privatised later this year with assets valued at about $100 million. There are currently
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  • 107 1 AP AN AIR and sea search was launched yesterday for 14 sailors missing after their Singapore-registered freighter, the Anna Leonhard. issued a distress call in the Atlantic. Officials at the Regional Operational Rescue Centre in Morbihan in Western France said the captain radioed late on
    AP  -  107 words
  • 403 1  -  By DAVID CHEW THAILAND'S Board of Investments predicts that Singapore's investments in the country will go up significantly this year though it is still too early to tell by how much. Staporn Kavitnorn, BOl's Deputy Secretary-General, told BT that Singapore's investments in Thailand amounted
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  • 128 1  -  Sy DAVID CHEW A SMALL Singapore company in joint partnership with Thai partners is seeking approval from the Board of Investments to operate in Thailand. The application is under consideration. Piroon Likiponsawan, the BOl's Investments Promotion Officer. said that the company is called the Thai-Industrial Corp
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  • 378 1 THE First Deputy Prime Minister and Minister for Defence, Mr Goh Chok Tong, yesterday suggested the use of a make-up pay mechanism to draw talented Singaporeans into government. Mr Goh was voicing the government's concern over the difficulty of attracting enough talented people
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  • 147 1 AFP PRESIDENT SUHARTO of Indonesia has ruled out debt rescheduling to relieve the government of its growing foreign debt burden, the leading Kompas daily said yesterday. Indonesia stands by its principle of never rescheduling its debt and of continuing to pay its debt
    AFP  -  147 words
  • Page 1 Advertisements
    • 337 1 Need a car or truck loan? Wwfoong 737-7977 kfldpJVVbylbong Mortgage And Finance (S) Ltd A wholly-owned subsidiary of Hongkongßank b Claymore Hill #03-01 Claymore Ptaza Singapore (W22 MANAGEMENT MY GOALS 1- ULCERS 2 IMPOTENCE 3 HEMT ATTACK a NERVOUS BREAKDOWN 5- SUN GALOW IN WEYMOUTH H MANY PEOPLE set up
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    • 204 1 More storlM, BACK PAGE All Alatas for Australia 4 Visiting amid signs of better ties Computer Industry 6 Europeans seek new alliances British banking 9 Major changes proposed US trade 10 When no policy is the best policy Boeing 10 Name remains unsullied Boxing 14 Tyson: touch-and-go early on Tennis
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    • 6 1 SES fine* 10 member*, PAGE 15
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    • 137 1 I i GIVES YOU 1400 EXTRA SEATS NON-STOP TO TOKYO with a extra B-747 flights A WMb Q iivvn Now, Japan Air Lines gives you more ways and reasons to fly JAL to Tokyo To meet demand for direct flights to Tokyo we've added 4 extra B-747 weekly flights That
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  • MANAGEMENT
    • 1414 2  -  How to manage time, stress and crisis Many people set up small businesses not so much to make money, but more to have freedom, happiness, personal development and peace of mind. But then, they lose sight of those goals and end up working too hard. CHARLES
      FT  -  1,414 words
    • 1151 2  -  By JOSEPH PUTTI MOTIVATION is defined as induatflg an individual to a desired cotjjse of action. The accomplialynent of such action benefits botft the one who attempts to moirtrate and the one who is motivated. QBrtain stimulants or incentive are used in the motivational process.
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    • 113 2 A MASTER OF SCIENCE degree in Human Resource Management awarded by Rutgers one of the biggest American state universities will be offered by the Singapore Institute of Management. The first 18-month course will start in July this year. The course covers subjects like recruitment and
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    • 114 2 A SEMINAR to familiarise companies with the JapanAsean Investment funds is to be held on March 3 at the Westin Stamford. The seminar is organised by the Japan Asean Investment Company (JAIC), manager of the investment portion of the US$2 billion Asean-Japan Development
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    • 820 2  -  Business angels are emerging as a new class of financiers for small businesses. They are people who have either retired with a golden handshake; have sold their business and are looking for an alternative investment or have highly-paid Jobs and saved enough money to
      FT  -  820 words
    • 867 3  -  How useful are the services of executive search firms? DONALD TIERNEY, giving the customer's point of view, thinks recruitment, advertisements can do a better job, at half the cost. DONALD TIERNEY THE ONLY EFFECTIVE WAY of filling some particular jobs is by
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    • 901 3  -  #|L Spotlight on wp Management By CH'NG CHIN HON ASK A MARKETING MANAGER to name the primary factors limiting growth and he will probably rattle off the names of a few of his major competitors. Whether a company succeeds or fails depends
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  • Page 2 Advertisements
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    • 145 2 CAF COMPUTERS... rrwbuty. aEJaaunr i KWBT GET AN EB THERMAL BINDER AT A GIVEAWAY PRICE! l Purchase a CAF 386 Master or 286 Master and get an EB Thermal Binding Equipment worth SS9OO for just SS2OO! Offer while stocks last! 286 Built-in Password facility in hardware that's not available in
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  • Page 3 Advertisements
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  • ASIA-PACIFIC
    • 403 4 AFP INDONESIAN Foreign Minister Ali Alatas will begin an official visit to Australia on Wednesday amid signs of improvement in bilateral ties which have been strained in the past three years. The agenda for Mr Alatas's four-day visit includes talks with
      AFP  -  403 words
    • 134 4 AFP INDONESIA'S decision to resume relations with China was prompted partly by a Chinese pledge not to support the outlawed Indonesian Communist Party (PKI), President Suharto said in Tokyo yesterday. He made the remark during a 35-minute meeting with Japanese Prime Minister Noboru Takeshita,
      AFP  -  134 words
    • 298 4 AP LOSSES in China s inefficiently run state-owned industrial enterprises jumped by 26.6 per cent last year compared to 1987, China Daily said yesterday. The daily quoted Guo Zhishan, an official of the State Commission for Restructuring the Economic System, as saying losses were
      AP  -  298 words
    • 152 4 UPI THE JAPANESE government plans to stop monitoring prices of Japanese-made computer chips exported to western Europe and South-east Asia early next month. This is in accordance with a ruling by the General Agreement on Tariffs and Trade, the Yomiuri Shimbun reported yesterday.
      UPI  -  152 words
    • 181 4 UPI I THE widening insider trading scandal 1 has dealt another blow to Japan's Prime Minister Noboru Takeshita as his ruling party has withdrawn from the 1 gubernatorial election in a traditionally i conservative stronghold in northern Japan next month. It is unprecedented in the
      UPI  -  181 words
    • 914 4 ARRIVALS DEPARTURES Operator Service Local From Operator Service Local For number time number time SIA SQ11 01IS LAX/NRT ML JL716 0125 NGO su SO 401 0600 CM* KAL KE686 0200 SB. SIA SQ4I 0610 MAA FTl FT066 0610 KUL/HKG/TYO/ SIA SQ23 0730 AMS/80M ANC/ORD/LCK/ SIA SQ45 0740
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  • Page 4 Advertisements
    • 205 4 I <Q r v-*-v.. -t a Spßp glff ~~7" ;.,.V.\ttf~X". a J mazoa > L< I r s»; ;v yMazda Granz For women who drive in a man's world Coloured Bumpers wered Windows v il Full-Fabric Seats Pi > wered Door Mirrors Central Ixx-king For years women had to contend
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    • 41 4 The Silliness person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving at Lour B. Pearson International Airport the following day. Cill your Tir\rl Agent or Air Cmtdi M *****55. A BREATH OF FRESH AIR
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  • Page 5 Advertisements
    • 265 5 n Mzljkti Phase 1 Si b a U k! i#'to v «T> I a 11 I a Fl 2TJ r t. s r 7* rt #>*Sc r t i sr 11 M 4 C» *> tf M i f\ i fc m f y* 100% FINANCING AVAILABLE IV ashew Heights,
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  • REST OF THE WORLD
    • 649 6 Companies with poor results under pressure to seek new alliances Reuter EUROPE'S computer companies, some of which have reported poor 1988 results, are under pressure to seek new alliances. "This year could be the year of restructuring in the computer industry," said Dennis Exton,
      Reuter  -  649 words
    • 223 6 AFP AIR CANADA is recalling its six Boeing 747 jetliners (or inspection after a United Airlines 747 lost part of its fuselage in mid-air on Friday. Air Canada spokeswoman Christiane Brisson said in Montreal on Saturday the company decided to recall the planes
      AFP  -  223 words
    • 319 6 AP THE UNITED NATIONS will launch a massive airlift to carry "a small avalanche" of food to Sudanese people threatened by famine before the rains cut off supply routes, Unicef director James Grant said on Saturday. "Millions of people are
      AP  -  319 words
    • 423 6 Reuter PRESIDENT George Bush will lobby key senators to support John Tower whose nomination as US Defence Secretary has been derailed by rumours ot womanising and heavy drinking, White House officials said in Beijing on Saturday. The officials accompanying Mr Bush on
      Reuter  -  423 words
    • 649 6 Reuter SWEDEN is drawing up a plan to build 300 giant windmills anchored out at sea as one way of meeting its electricity needs. "We are convinced that wind power in the long run can be competitive, especially when you consider the
      Reuter  -  649 words
    • 524 6 Reuter THE STORM over Salman Rushdie's Satanic Verses has raised questions over a scramble by European firms to do business with Iran almost before the ink is dry on their new contracts. The European Community, which earlier last week decided to withdraw heads of
      Reuter  -  524 words
  • Page 6 Advertisements
    • 311 6 -1; "J ir <<**>*»»/ .k *-:> THE IMPACT OF DEREGULATION 13-15 March 1989 Hotel Borobudur Inter-Continental Jakarta, Indonesia Indonesia is fast becoming one of the new world markets with enormous business potential for investors worldwide Besides being a huge market in itself, Indonesia aliovs easy access to its vast natural
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    • 3 6 Sm PAGE 10
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  • Page 6 Miscellaneous
    • 68 6 Doonesbury BOTTOM UHS, CM&S... WHAT DOES IT SAY ABOUT G6oR££ BUSH THAT HB PICKS A SBCfiBTAKY OF VB~ FBHSBM/TTH A HISTORY OF ALCOHOL ABUSB. m m ui m naSK 2*5 BY GARRY TRUDEAU THAT HE PICKS AN ETHICS CHIEF MHO FAILS TO PBPORT INCOME, AM?A SBCXETAPY OF HBAtfH ANP HUMAN
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    • 175 6 05/04 Cloudy 19/09 Claor 29/26 Cloudy 10/-1 Cloudy 17/12 CWor 19/14 Cloudy 10/03 door 24/19 Roin 09/05 Roin 27/18 Cloudy 08/06 Cloudy 08/05 Cloudy 30/15 Claor 22/18 Claor 01/-7 Cloudy 30/12 Cloudy 25/16 Cloudy -6/-16 Claor 07/03 Roin 31/26 Roin 06/-1 Claor 07/04 Cloudy 05/00 Cloudy 18/15 Cloudy 03/00 Cloudy
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  • COMMODITIES
    • 1087 7 AFP COPPER made its mark over the past week, making strong gains on the London Metal Exchange (LME) on Zambian supply disruption fears. Production and transport equipment there is reported to have been damaged by floods. Zinc also shone early on, reaching new
      AFP  -  1,087 words
    • 168 7 ROTTERDAM Closing prices on Feb 24 Poim oil crude Sumorro/M'jio option (US$/tonn«) F.b/Mor 405slr (410iir) Palm oil *M> FOB (M$/»onno) Mor/Apr 375 »ir Oleio RBD FOB (Ms/tonne) Mar 385»1r (390str) Stearin RBD PORAM M'tia OF Rotterdam (Ms/tonn«) Mar/May 382 ssJr (375iir) Poim kernel oil OF (Mi/tonrw) Mar/Apr 495*1r
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    • 148 7 Telerate Fuel oil prices ended the week higher in fairly active trade. Firm crude prices continued to lend support to prices of March CST--180 lots. Near-term market sentiment remained steady, traders said. Talking indications for prompt cargoes continued to be weaker than second half March lots.
      Telerate  -  148 words
    • 263 7 London Commodity Exchange Buyer/Seller dosing prices on Feb 24, (£/tonne unless specified). Previous dosing prices in parenthesis. Coftoe Basis in-store London, sellers option CIF London Mar 1139/40 (1152/53 High/Low 1155/30 May 1118/20 (1126/28) High/Low 1130/15 Solos (3634) Cocoa Mar 854/855 (840/842) High/Low 855/843 May 873/874 (862/863) High/Low 878/865
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    • 125 7 Soybean Wheat CHICAGO BOARD of Trade wheat futures closed with sharp gains on Friday boosted by sustained commodity fund buying and further talk that China will be given more EEP wheat. Prices surged from around mid-day as buystops were penetrated in active May and new crop July on fund buying
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    • 116 7 TIN PRICES rose to Its highest levels In three yaar* last week as ths matal jumped 67 san to doee at M 522.20 par kg on tha Kuala Lumpur Tin Market Turnovar for tha week amountad to 475 tomtaa comparad with 339 previously. Soma tradars said tha naw
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    • 139 7 RUBBER PRICES fluctuated within a wide margin to close lower on the Malaysian rubber market on poor overseas off-take and lack of leads. International RSS One closed 7.50 sen easier at 301.00 sen last week. Traders said prices also weakened on light speculative selling. The market opened unchanged and
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    • 173 7 Chinese Produce Exchange Sellers' noon dosing prl ces on Feb 25 (SS/100 kg) Coconut oil Bulk FOB 108.00 Old drum FOB 118.00 New drum FOB 122.00 Copra Mixed (loose) 64 isHcn Pepper Murrtok whit* FOB NLW 740.00 Sarawak white FOB taq NLW 730.00 Sarawak special block FOB NLW
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  • Page 7 Advertisements
    • 207 7 Call in 3 days or wave goodbye to your Yellow Pages ad That's all the time you've got to book an ad in the July '89 Yellow Pages. Call and reserve your space now, or it's goodbye for an entire year. Your business will definitely be facing stiffer competition, and
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  • MONEY AND EXCHANGES
    • 551 8 Reuter THE US DOLLAR is unlikely to benefit from the Federal Reserve's battle against inflation because of the probability that overseas countries will also raise their interest rates, dealers and analysts said. "European interest rate hikes are virtually dead certain," said Anne Parker Mills,
      Reuter  -  551 words
    • 161 8 Reuter A LEGAL TECHNICALITY is preventing South African banks from raising their prime lending rates following an increase in the Reserve Bank's base discount rates announced on Wednesday. An amendment to the Usury Act last November stipulates that the banks must give borrowers
      Reuter  -  161 words
    • 308 8 Reuter SOME MAJOR Japanese banks fear an Asian Development Bank (AOB) initiative to finance Asia's booming private sector could compete with their own activities in a highly lucrative market. These banks are not only reluctant to take part in the AOB plan but
      Reuter  -  308 words
    • 721 8 AFP ASIAN CURRENCIES ended mixed against the US dollar last week in relatively quiet trading. The Japanese yen eased and the Australian dollar continued to decline after its sharp plunge the week before. The Indonesian rupiah, the Malaysian ringgit, the Singapore dollar, the Taiwan dollar and the Thai
      AFP  -  721 words
    • 243 8 ASIAN CURRENCY average deposit rates for 1 1 ended Feb 24 BIO PRICES Htgh Lew US t 7 days 9 9/16 9 5/16 1 iwrtti 9 11/16 9 7/16 2 9 13/16 9 5/8 3 mon*n 9 15/16 9 3/4 6 mmi#»s 10 3/16 9 7/8 9
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    • 451 8 Gold Financial futures Sin Huat Bullion (S) Pte Ltd LAST WEEK featured the long awaited hike in the US discount rate to 7 per cent from 6.5 per cent and this was accompanied by increases in the prime rate to 11 per cent and in some cases. 11.5 per cent
      Sin Huat Bullion (S) Pte Ltd  -  451 words
    • 204 8 Gold futures on Feb 24, 1989 100 troy ounces USS per troy ounce Opon M»gl» Low Soldo Fab 390 50 392 00 389.00 391.10 0.10 Mor 389 70 389 70 389 50 390.30 -2.00 393.30 393.60 391.60 ***** .1.40 tun 398 50 398.50 396.70 397.70 ■1.40 Aug
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    • 181 8 Banque Indosuez, Singapore PRICES EASED and yields firmed last week. Trading was light but sentiment was bearish. A higher than expected US consumer price index for January shook the market, inducing dealers to lighten their positions in the long ends. Five-year bond prices slipped nine cents as
      Banque Indosuez, Singapore  -  181 words
    • 509 8 PLR of banks at the close of business on Friday. Feb 17 as supplied by the Association of Banks in Singapore: F*b Mar Indicates the average of the prime lending rates of 12 ma)or banks In S'pore BANK PLR Algemene Bonk 6% Allied Irish Bonk PLC 6%
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  • Page 8 Advertisements
    • 326 8 EXECUTIVES working in Singapore tend to be very busy people. They seldom, if ever, work regular 9 to 5 hours and rarely get the chance to look after their own best interests. Take property for instance. Let s say you want to buy a property in the United Kingdom but
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    • 93 8 B Y FOR SALE AUCTION THE PRESIDENT HOTEL and SHOPPING CENTRE m .i i US To on Tuesda y21 March 1989 2,30 pm W 1 at the Regal Room j 2nd level, Dynasty Hotel Orchard Road, Singapore. Freehold hotel shopping complex 5-storey podium block 1 with approximately 51,000 sq ft
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  • BANKING AND FINANCE
    • SMALL CHANGE
      • 86 9 AT A DINNER held by the Singapore International Monetary Exchange last Tuesday to commemorate the launch of its high sulphur fuel oil contract, guests were requested by the master of ceremony to stand to welcome the guest of honour. But the Finance Minister, Dr Richard Hu,
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      • 68 9 IN ITS DEBUT on Simex last Wednesday, the fuel oil contract chalked up a record volume of about 27,000 lots. But the open interest or unliquidated positions totalled a mere 1,900 lots that same day. This led to market chatter some members must have
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      • 124 9 YOU MAY have read in this column about how some American bankers had consulted fengshui before moving into new banking premises. Well, it looks like some Indians also believe in this typically Chinese practice. We were told that one Indian customer had consulted a fengshui man
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      • 70 9 WE RECEIVED a Valentine's Day card from Singapore Finance on Feb 14. It was also sent to the finance company's customers. The card reads: Roses are red Violets are blue give us more business and we'll... love you!' Thanks Singapore Finance for that card. And this
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    • 195 9 Bernama THE ASIAN-PACIFIC Bankers Club (APBC) has accepted the United Overseas Bank (UOB) of Singapore as its 52nd member effective on Friday, APBC president Tan Sri Basir Ismail announced in Kuala Lumpur on Saturday. With the additional member, the club, established in 1980, will now
      Bernama  -  195 words
    • 334 9 Reuter THE US STRATEGY for tackling Third World debt remains sound and there is no need for regulatory and accounting changes to encourage banks to reduce debt, according to a US government study released on Friday. The report, submitted
      Reuter  -  334 words
    • 477 9 Reuter AN INDEPENDENT review body, asked by the government to examine British banking practice, recommended far-reaching changes, including three new Acts of Parliament and a voluntary code of banking practice. The Review Committee on Banking Services Law was set up by the Treasury
      Reuter  -  477 words
    • 374 9 AFP BRITAIN'S Lloyds Bank said on Friday lower loan provisions helped it swing back to profitability in 1988, but a pre-tax profit of £952 million (US$l.67 billion) was in the low end of forecasts. The profit compares with a
      AFP  -  374 words
    • 469 9 Reuter BANKAMERICA CORP plans to boost earnings by stressing consumer and middle market lending in the US and large corporate banking and trade finance overseas, especially in Asia, chief financial officer Frank Newman said. Other sources of earnings growth will be fees
      Reuter  -  469 words
  • Page 9 Advertisements
    • 144 9 -w y <**■» «p ai> JS w** r-> w dm r "v < A V 4 4 if *f¥ B m a, "K'W" >• W* r MT •sk* 1 A t H. *K I -i •Kir* *1 i/ -V V k iV-> Mtt *r J n e* IV., Fourteen times
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  • PERSPECTIVE
    • 1370 10 The 1988 Trade Act empowers the US to take action against countries that erect unfair trade barriers. The article below examines how such a policy will affect its trading partners, especially Japan, and the ordinary American consumer. The other article warns
      The Economist  -  1,370 words
    • 665 10 NYT A PANEL of governors warned on Saturday that the economic well-being of the United States was in jeopardy because so many Americans were ignorant of the languages and cultures of other nations. In a report made public on the opening day of the
      NYT  -  665 words
    • 905 10 NYT CASES of misrouted wiring and plumbing, along with production delays, have raised concern among airline officials and aviation analysts about manufacturing problems at the Boeing Co. which has long enjoyed a reputation for superlative quality. At the same time, there have been a
      NYT  -  905 words
  • Page 10 Advertisements
    • 347 10 /Si SEA VIEW HOTEL LIMITED a (Incorporated in ihe Republic of Singapore) INTERIM REPORT FOR THE HALF YEAR TO 31 DECEMBER 1988 The unaudited results of the Group and Company for the half year to 31 December 1988 are as follows:GROUP COMPANY Half year to 31 Dec Half year to
      347 words
    • 334 10 S3 SRI International (formerly Stanford Research Institute) presents A Top-Level Seminar on COMPUTER SECURITY 22nd March, 1989. Shangri-La Hotel, K.L ARE YOU PREPARED FOR DISASTERS, FRAUDS AND VIRUSES??? information is a valuable and fragile strategic asset that must be protected from many potential threats This is especially true m today
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  • Page 10 Miscellaneous
    • 37 10 miss SUHmRN MRS JUST > see** ujiFe or our 6eioveo J FjRPn'S R3UNDG.R f— v < \T Be. £>GJNG 10 R pnvjur* miLuoNpyißc BuSINCSS Tycoon UJST imfiG»Ne/~^ COHING ToTHcOFfJGC I WOfeKT S'GH'.—, S'GUr^C dsJSyLKd EVCMNQ STAMOAHO CO. LTD., IM2—ltt*
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  • THE ARTS
    • 490 11  -  MUSIC By KOH TSE YING UNFORTUNATE as it may be. this fact simply has to be understood and perhaps put up with, at least for a while. Many con-cert-goers judge the worth of a performance by its programme even before they have heard a note
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    • 357 11  -  By J GORDON WITH THE MEMORY of past Goe-the-lnstitut concerts and their top calibre performers still fresh in mind, our expectations of the Abegg Trio last week were perhaps too great. The Abegg Trio, comprising Ulrich Beetz (violin), Birgit Beetz (cello) and Gerrit
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    • 542 11 THEATRE Reuter A PLAY fiercely critical of the Soviet collective farm system and banned as slanderous in 1968 was staged in Moscow recently before an audience that included two deputy foreign ministers. The play, A Living Man, was produced by Yuri Lyubimov
      Reuter  -  542 words
    • 709 12 ARCHAEOLOGY AP ACTOR lan McKellen climbed down into a large muddy hole in London on Thursday and cried out: "To think that the voice of William Shakespeare echoed from these stones." Around him. archaeologists scraped at the foundations of the newly discovered Rose Theatre on
      AP  -  709 words
    • 605 13 EXHIBITION UPI CAMBRIDGE UNIVERSITY'S Fitzwilliam Museum, one of Britain's best kept cultural secrets, is sending the finest and most unusual treasures from its vast holdings of art and antiquities to the United States for a tour beginning on March 19. The exhibition of 160 objects from Britain's pre-eminent
      UPI  -  605 words
  • Page 11 Advertisements
    • 789 11 Balance Sheets As At 31st March, 1988 BANK BUMIFUTKA MALAYSIA BERHAD (INCORPORATED IN MALAYSIA HEAD OFFICE KUALA LUMPUR) (AR figures are quoted in thousands erf Malaysian Ringgrt) Profit And Loss Accounts For Yfear Ended 31st March, 1988 Gross operating revenue Profit tor the year after providing for diminution in value
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  • Page 12 Advertisements
    • 905 12 M POMMERY Where to entertain. THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price! For starters, take your pick of our cokj dishes prawns on ice, fresh oysters, smoked salmon, melon and dried ham. vegetable terrine. mixed seafood satod. cooked assorted vegetables and
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    • 248 12 Irs o revolution in Russian cuisine 1 3; (m t fji I i n 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
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  • Page 13 Advertisements
    • 151 13 f Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki Four tatami rooms are available for private parties Located on the 2nd floor Open 12 noon to 3 pm 6.30 pm to 11 pm. Jk® Century Park Sheraton Singapore 16 Nosiim Hi*. Singapore 1025 Telephone
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    • 82 13 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. finish, long after-taste." "Pommery's
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    • 77 13 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 you can relive those magic moments of yesterday and (who knows?) maybe create new ones nuanij Swim wear Fashion Show By models from Imp International Came
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  • Page 13 Miscellaneous
    • 677 13 CRYPTIC PUZZLE ACROSS 1 Keeps being arresting (5) 6 One cry in less than a thousand, maybe (5) 9 Story mostly in Latin (7) 10 Crop for which it's grand to have wet weather? (5) 11 The right person to have on one's side, we gather (5) 12 Flight unit
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    • 1401 13 TV and RADIO Neighbour troubles OUR CHOICE CINE SHOWCASE: Pack Of Lies, 6.45pm, Channel 12 The moral of this story is: don't trust your neighbours, no matter how many batches of cookies they hand over the fence. In this top-noch film adaptation of Hugh Whitmore's play, a London suburban couple
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  • SPORTS
    • 514 14 BOXING AFP MIKE TYSON remained the undefeated heavyweight champion of the world on Saturday by stopping Britain's Frank Bruno in the fifth round in Las Vegas, but he admitted afterward that it was touch-and-go early on. "I got hit with some hard punches but I came back,"
      AFP  -  514 words
    • 242 14 GOLF Reuter BILL GLASSON holed a bunker shot from 45 feet on the final hole to gain a one-stroke lead over fellow American Mark Calcavecchia after three rounds of the US$l.3 million Doral Open golf tournament in Miami on Saturday. Glasson, who had an
      Reuter  -  242 words
    • 377 14 BASKETBALL AP MARK AGUIRRE came off the bench to score 31 points in his fourth game for the Detroit Pistons as they rolled to a 113-95 victory on Saturday night over the New Jersey Nets. Detroit opened the game hitting six of 19 shots and fell behind
      AP  -  377 words
    • 489 14 Reuter ROBERTO DURAN, who turned back the clock in dethroning World Boxing Council middleweight champion Iran Barkley on Friday, has another boxing ambition a third match with Sugar Ray Leonard. "I want Leonard," Duran said at a news conference in Atlantic City on Saturday
      Reuter  -  489 words
    • 329 14 SKIING Reuter SWEDEN'S "Dr Skating" Gunde Svan wrapped up the World Nordic Ski Championships yesterday with his third gold medal of the week, cruising to a comfortable victory in the marathon equivalent, the men's 50-km freestyle cross-country in Lahti. Svan, undisputed master of
      Reuter  -  329 words
    • 561 14  -  TENNIS by Walton Morais IF HAVING FUN is the key to sporting success, then 15-year-old Wang Shi Ting of Taiwan is a winner by a long shot. In winning the US$lOO,OOO Pacific Rim tennis championships' ladies singles crown at the Kallang Tennis Centre on
      561 words
    • 530 14 UPI SECOND SEEO Boris Becker easily defeated Mikael Pernfors 6-3, 6-2 on Saturday night to advance to a match-up with defending champion Tim Mayotte in the final of the U*****,500 Ebel US Pro Indoor Tennis Championships in Philadelphia. Mayotte. the third seed, used a strong serve-and-volley
      UPI  -  530 words
    • 209 14 ATHLETICS AP FLORENCE GRIFFITH JOYNER, the world s top female runner, announced her retirement on Saturday at a teary news conference, saying she wants to pursue a career in acting and writing. "I have decided to run on a different track," said Griffith Joyner, whose
      AP  -  209 words

  • COMPANIES & STOCK MARKETS
    • 523 15 mm HOCK LOCK SIEW THE PRICE of tin is going through the roof. Recent sharp increases have taken the price of the commodity way past the Ms2o per kilogram mark. Last week, the metal rose further to break the Ms 22 a
      HOCK LOCK SIEW  -  523 words
    • 230 15 A BID FOR UK-based food group Ranks Hovis McDougall is blowing hot and cold again. Australian food giant Goodman Fielder Wattie still holds the key with the strategic 30 per cent stake it ended up with after its unsuccessful bid for RHM last July. GFW
      230 words
    • 547 15  -  Exchange aware of predicament of some firms By ROSIE TAN TWO YEARS after the revised Stock Exchange of Singapore bye-laws came into effect, stockbroking firms are still finding it difficult, if not impossible, to comply with the regulations. As a result of unrelenting investigations by the
      547 words
    • 418 15 MBT NANYANG Press (Malaysia) publisher of the Chinese daily Nanyang Siang Pau plans to upgrade its plant and machinery over the next few years. This is to enhance operating efficiency so as to improve its circulation and revenue from advertising, according
      MBT  -  418 words
    • 384 15  -  By HERMAN PHUA SESDAQ'S latest aspirant Material Handling Engineering Ltd has clinched a $1.2 million manufacturing contract with Koki Co Ltd of Japan. Mr Peter 800, MHE's founder and managing director, told BT the contract is for 50 units of Ministar-11,
      384 words
    • 234 15 MBT UNITED ENGINEERS (Malaysia) (UEM) is to recall all its share certificates in the old format currently still in circulation for cancellation and replacement with new certificates. This is to protect shareholders, stockbroking companies and the investing public in view of
      MBT  -  234 words
    • SES
      • 1510 16  -  Singapore p By MICHELLE OH WITH MARCH and the corporate reporting season just around the corner, things should start perking up in the local stock market, which has been described as featureless for the past two weeks The Straits Times Industrials Index, which
        1,510 words
      • 115 16 AYER MOLEK RUBBER COMPANY BERHAO: 74th AGM at the Registered Office, No. 22, Jalan Hang Jebat, ***** Malacca today at 10.30 am. DUFF Berhad: 16th AGM at N0.21 23, Jalan Hussein. Ground Floor, ***** Ipoh, Perak today at noon. KUALA LUMPUR KEPONG BERHAD: 16th AGM at the Registered
        115 words
      • 6140 16 1988/89 Tel Last Vol Week Last Quote Olv Dlv Y'W Net M Cap nign LOW Code Compeny Sale or('000> High Low Buyer Seller C'vr P/E $mll FEB 24 SESDAQ 187 114 t 4000 Amtek Eng 20c 130 -2 41 131 130 130 131 10 ON 7.1 1.5
        6,140 words
    • MARKET REVIEWS
      • 848 17 ■ft| New York I j FT ALL WAS very well on Wall Street as long as investors were lulled by comforting words from Alan Greenspan. Believing his assertion that he was licking imitation, the stock and bond markets streaked ahead in an ebullient New Year
        FT  -  848 words
      • 493 17 I K.Lumpur A MBT A CLOUD of uncertainty hung over the Kuala Lumpur stock market last week and share prices were subjected to erratic trading to close mixed. Losses were mostly marginal but scattered hefty gains were posted. Due to gains by component stocks,
        MBT  -  493 words
      • 305 17 s njj Sydney AFP GOLD STOCKS led a partial rally on the Australian share market last week with the 1,500-barrier once again in sight for the market's main indicator. The All Ordinaries Index gained 38.1 points during the week to close at 1486 2 on
        AFP  -  305 words
      • 277 17 FT EMHART, the US industrial and consumer products group best known for its Bostik adhesives and True Temper golf shafts, has received a US$2.lB billion takeover offer from an investment partnership that includes Mr Gordon Getty, the chief heir to the Getty oil
        FT  -  277 words
      • 553 17  -  Week ended Feb 24 Compiled by JULIANA TAY CORPORATE DEVELOPMENTS The directors of Apollo Enterprises Ltd are rejecting the Hong leong group's takeover offer for the company at $1.70 per share Meanwhile. Hong leong hos served an interim injunction to stop Apollo from selling its shares in the
        553 words
      • 849 18 By RAY HEATH, writing for BT from London R pnjpi London [si m SHARE PRICES in London are now going to dance to the tune of the foreign exchange markets, judging by last week's action. A midweek plunge of more than 20 points by the Financial
        849 words
      • 354 18 flA AFP JAPANESE share prices kept rising last week with the Nikkei stock average finishing at a record high for the fifth week in a row. The 225-stock index stood at 32,452.49 yen on Thursday, up 279.10 yen from the previous week's
        AFP  -  354 words
      • 665 18 r l Hongkong y DBS Investment Research LAST WEEK'S trading in the Hongkong stock market was punctuated by bouts of volatility as the bulls and the bears battled for supremacy. After the market's consolidation in the previous week, share prices opened strongly on Monday.
        DBS Investment Research  -  665 words
      • 755 18  -  fifi By RICHARD HARRIS Enskilda Securities THE PRINCIPLE of the efficient stock market supposes that markets accurately price, at all times, news, views and sentiment on all aspects of listed companies. The validity of that principle is under a lot of pressure at the moment
        Enskilda Securities  -  755 words
      • 124 18 Reuter SHARE PRICES rode a crest of institutional buying in Bombay to post sharp gains last week, ahead of the 1989/90 budget (April-March) to be unveiled tomorrow. The market shrugged off worries over the potentially inflationary impact of an announced 11 per cent increase in
        Reuter  -  124 words
      • 684 18 BONDS, LOANS WARRANTS Company E>ptry maturity data Coupon <%> Conversion period payable Converaion term for one ordinary •hare CK Tang Wrts *****990 Oman Hop Wrti 1991 City D«V Bond j 1994 City Dev Wrti 1992 G Corp CUIS 1989 H Prop Bonds 1993 H Prop Wrti 1993 H Tal-Pon Wm
        684 words
    • WORLD MARKETS
      • 965 19 New York Reuter US SHARE prices dropped sharply on Friday, hurt by rising interest rates. The hike in the Federal Reserve's discount rate forced short-term interest rates up, making interest-bearing investment instruments more attractive than stocks, brokers said. "The magnetic attraction of higher interest rates
        Reuter  -  965 words
      • 961 19 London Reuter SHARES were steady on Friday after falling from the afternoon highs on news of a half-point hike in the US discount rate and prime rate increases by some US banks, which triggered a sharp sell-off on Wall Street. By the official 1700
        Reuter  -  961 words
      • 317 19 Reuter PAINE WEBBER Group Inc has been questioned on its role as investment adviser to Centaur Partners* US$llO a share tender offer for Pennwalt Corp, a letter from the Subcommittee on Oversight and Investigations of the US House of Representatives Committee on Energy and
        Reuter  -  317 words
      • 923 19 Amsterdam FEB 24 FLS ABN 41.2 A agon 01 4 -08 Ahold 91 6 0.2 147 5 0 4 150 4 -00 AMEV 548 -06 AMRO 799 0 3 Am Stad 1470 0 5 BOLS 139 2 0.7 Bofsumy 126 3 -02 Buehrman T•tterode 62 7 01 Calva CSM 65
        923 words
      • 625 19 Goodyear, Michelin plan to increase market share Reuter WHILE BRIDGESTONE CORP gears up to race European and US tyre makers on their own ground, its two chief rivals are moving in on Japan Goodyear Tire and Rubber Co and Cie Generale des Ets Michelin
        Reuter  -  625 words
      • 304 19 Reuter MB GROUP pic said its shareholders approved a merger of the group's Metalbox Packaging unit with France's Groupe Carnaud SA. The result of the vote was 155 million votes in favour of the merger and 27 million votes against. A consortium led by Elders IXL
        Reuter  -  304 words
      • 276 19 FT RHONE-POULENC, the French state-owned chemicals group, plans to acquire the bulk aspirin and paracetamol manufacturing plants of Monsanto, the US group, making it the world leader in these painkilling products. No price was disclosed for the acquisition, which involves three plants producing salicylic acid
        FT  -  276 words
  • Page 15 Advertisements
    • 196 15 LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid RALEIGH BERHAD Cortftcat* nos. In the Name of No. of Shares C ***** Hanson Ismail 1 x 1,000 C ***** Syed Mohammed Bin Ixl,ooo Syed Bahaldin CARLSBERG BREWERY MALAYSIA BERHAD AA***** Tan GNnChong Ixl,ooo NOTICE IS
      196 words
    • 72 15 CURRENCY INVESTMENT pi AMERICAN I XI'KI SS BANK TEL: 321 3333 With effect from Ist February 1989 KOKUSAI Securities Co., L td. is pleased to announce the opening of its wholly-owned Subsidiary Company, KOKUSAI Singapore Merchant Banking Limited. at 1, Raffles Place, #58-00 OUB Centre Singapore 0104 Telephone:s3s-3313 Telex :RS
      72 words
  • Page 15 Miscellaneous
    • 28 15 ymso, by Martell oA£# 7V 7V£ •ne£A£>*f/LL woo S: r -a {^x SC. /17/ 70, Ehi 7 SPFFY. orf/ctr, fier-ro/M-*/ £AM£T t/f/ZF f&Z 7?/£'/V&/OCS£>O"V& C&£££/ZAr7ofl/4.. V I o
      28 words



  • Page 18 Advertisements
    • 724 18 NOTICES KLERMARKEN ENTERPRISES PTE LTD (In Members' Voluntary Wlndlng-Up) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of Klermarken Enterprises Pte Lid, duly convened and held at 36 Robinson Road. #05-01 City House, Singapore 0106. on 17 February 1969 the following resolutions were duly passed as:— SPECIAL RESOLUTION
      724 words
    • 618 18 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF GRANDPEAK INVESTMENTS PTE LTD (In Members' Voluntary Winding-Up) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. SO, that a Final Meeting of the members of the abovenamed company will be held
      618 words
    • 662 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HI-COOL AIRCONDITIONING REFRIGERATION 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 membrs of the
      662 words
    • 494 18 11l The Matter of The Companies Act Cap SO And In The Matter of ANG INVESTMENTS PTE LTD (In Voluntary Liquidation) Members' Voluntary Winding Up At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 11 Ellenborough Street. Singapore 0105, on the 21st
      494 words
    • 306 18 SOW Ml Y A PROPERTY PTE LTD (In Members' Voluntary Winding-up) NOTICE IS HEREBY GIVEN thai al an Extraordinary General Meeting of Sowmiya Property Pte Lid. duly convened and held al 36 Robinson Road. #0&01 City House. Smgcpore 0106. on 17 February 1969 the following resolutions were duly passed as:—
      306 words

  • Page 19 Advertisements
    • 8 19 Stockholm, Vlanna and Zurich prlcaa wara not availabla
      8 words
    • 703 19 michelin GOODYEAR BmoGESTone The Industrial Bank of Japan, Limited Head Office's Address: 3-3, Marunouchi 1-Chome, Chlyoda-ku, Tokyo 100, Japan. BALANCE SHEET FOR THE YEAR ENDED MARCH 1988 NON-CONSOLIDATED BALANCE SHEET (1) March 31. 1«M March 31. IM7 (10 millions) (in millions of yen) of yen) Aaaetl Casti and Due from
      703 words

  • 127 20 SEVEN ORGANISATIONS and an individual will be conferred the Patron of the Arts Award at the 1988 Cultural Awards ceremony tomorrow. The seven organisations are Bukit Turf Club, Singapore Tourist Promotion Board, the Shell Group of Companies in Singapore, Singapore Airlines, Mobil Oil Singapore,
    127 words
  • SATURDAY ROUNDUP
    • 211 20 A quick look at Saturday's main news THE Advisory Council on Sports and Recreation has come up with a programme to promote sports and recreation in Singapore. At a press conference National Development Minister and chairman of the council. Mr S Dhanabalan, said the focus was
      211 words
  • 276 20 AFP US PRESIDENT George Bush met China's top leader Deng Xiaoping yesterday and instantly accepted his invitation to return to China on an official visit. "I hope that you will pay an official visit to China at a time you think is
    AFP  -  276 words
  • 213 20 AFP INDONESIA has confiscated the passports of 60 of its nationals and put their names on an Immigration Department blacklist after they visited China without permission, the official Antara news agency said yesterday. Antara quoted Director-Gen-eral of Immigration BrigadierGeneral Roni Sinuraya as saying that the
    AFP  -  213 words
  • 525 20  -  By WILLIAM CHIA WITH BUDGET DAY around the corner, developers are pressing harder (or tax incentives to help get property trusts off the ground. Daniel Teo, property developer and vice-president of the Real Estate Developers' Association of Singapore (Redas), told BT that
    525 words
  • 177 20 AFP IRANIAN spiritual leader Ayatollah Ruhollah Khomeini yesterday gave his blessing to better relations with Moscow and pressed Soviet leader Mikhail Gorbachev to contemplate eternity. Teheran Radio said that in a meeting with Soviet Foreign Minister Eduard Shevardnadze, believed to be the ayatollah's first
    AFP  -  177 words
  • 517 20  -  By LILIAN ANG RISING PRICES of basic building materials are expected to drive up construction costs in Singapore by between 5 and 10 per cent this year, despite the government's call to contractors to keep a lid on prices.
    517 words
  • 235 20 MALAYSIA and Thailand will become newly-industrialising economies by the end of 1990, with Indonesia and the Philippines joining them after the turn of the century, a Singapore banker said in Kuala Lumpur. Patrick Yeoh, president of the Development Bank of Singapore, said
    235 words
  • LATE FILE
    • 67 20 AP A MAJORITY of Americans approve of the job President George Bush is doing, according to a New York Times-CBS News Poll. Mr Bush received a 61 per cent approval rating for his first month in office, higher than the 55 per cent rating
      AP  -  67 words
    • 40 20 AFP AN 'EMERGENCY meeting" held in Beirut has set a target date of March 15 by which to carry out Iran's death threat against Salman Rushdie, an anonymous caller said in the Lebanese capital yesterday. AFP
      AFP  -  40 words
    • 43 20 Bernama THE JOHOR New Umno liaison committee has received a memorandum from 35 New Umno branches in the party's Johor Baru division on their decision not to accept former division head Datuk Shahrir Abdul Samad into the division. Bernama
      Bernama  -  43 words
    • 59 20 Reuter ISRAELI troops have arrested 150 Palestinians in the West Bank city of Nab lus since a soldier was killed by a concrete block dropped on his head from a rooftop, residents said yesterday. Army Chief of Staff Lieutenant-Gen-eral Dan Shornron told military correspondents that residents would
      Reuter  -  59 words
    • 32 20 AP A SMALL earthquake jolted the Wellington region of New Zealand last night but there were no reports of damage, a spokesman for the New Zealand Seismological Observatory said. AP
      AP  -  32 words
    • 74 20 Reuter OFFICIALS in the central China province of Hubei spent on wine, women, speculation and homes nearly one third of the money allocated last year to buy farm crope, the People's Daily said yesterday. Hubei officials of the Communist Party and government offices pocketed
      Reuter  -  74 words
  • 371 20 AFP RECENT STATEMENTS by officials on the need to maintain a weak Malaysian dollar are puzzling foreign exchange dealers in Kuala Lumpur who say that the statements are not backed by central bank actions. The dealers said that finance ministry officials favoured a weak
    AFP  -  371 words
  • 404 20 Bernama MALAYSIAN Chinese Association president Datuk Dr Ling Liong Sik yesterday called on the Chinese community in Malaysia to cast aside their differences and focus strengths on the future. "Let us build a vision of a nation, united
    Bernama  -  404 words
  • Page 20 Advertisements
    • 384 20 Free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Garment manufacturers, bracing themselves for bad times, are breathing easier. 2. The first prize essay in the BT/DHL Essay Competition. 3. With Budget '89 just around the corner, what
      384 words
    • 18 20 Bush to parauada senators to support Towsr's nomination, PAGE 6 Chines* pledge prompted move, says Suharto, PAGE 4
      18 words

  • SHIPPING TIMES
    • 453 21  -  By RAHITA ELIAS SINGAPORE Soviet Shipping, better known as Sinsov, is expanding into chartering within the next six months. A Sinsov spokesman said the Singapore Government has given approval for a charter expert from its Soviet principal. Sovfracht, to be brought
      453 words
    • 389 21 A TOP Hongkong port official has hit out at what he considers an "exaggerated interest" in Hongkong's position as the world's largest container port and the lack of perspective attached to the matter J E Meredith, managing director of Hongkong International
      389 words
    • 191 21  -  By RICHARD NG Writing for BT from Bangkok THE THAI Transport and Communications Ministry will review a plan which allows private wharves to handle only two container vessels a week According to official sources quoted by the En-glish-daily The Nation, the wharves,
      191 words
    • PORT SIDES
      • 94 21 UPI THREE South Korean seamen were suffocated to death aboard a Panamanian-registered Japanese chemical tanker berthed at Kashima port about 100 km northeast of Tokyo on Saturday, Japanese maritime officials said. The officials said the seamen were found unconscious in a cargo hold aboard
        UPI  -  94 words
    • 1500 22  -  By JOHN SPIERS Writing for BT for Sydney AUSTRALIAN shipping what is left of it faces a crunch year in 1989. The federal government expects by March the report of a union/user/management task force seeking agreement on measures to lift efficiency predominantly in the
      1,500 words
    • 1165 22 Afi SHpg V 5 ARC Contomer IX 1 Accord SHpg VI 1 2 AHrenkiel Inter X 4 Alhrom IV 1 AC Toepler XI 5 A««f<ofl Tpt X 4 Anro Serv<e IV 2.3 Arrow l.nes IX 5 Avon Oceon XI 4 Assoc Comoge XI 5 ANl 1 12
      1,165 words
    • 337 23 Lloyd's List AN IMPORTANT step towards clarifying rating procedures in the trans-Pacific trade lines is almost certain to be adopted by the US Federal Maritime Commission (FMC). The US government agency is preparing to adopt a rule establishing that rates and charges
      Lloyd's List  -  337 words
    • 120 23 UPI CHEVRON Corp shipping subsidiary has ordered four mid-sized oil tankers from two Japanese shipbuilders, a deal worth about US$lBO million. Chevron Shipping Co said it has signed contracts with Mitsui and Co and Ishikawajima-Harima Heavy Industries Co (or four 150.000-ton crude oil carriers. The terms
      UPI  -  120 words
    • 853 23 A P Moller could stand to gain more than US$5O million from the sale of its two oldest ultra large crude carriers, the Katrine Maersk and Kristine Maersk. The ULCCs are 15 years old. but because of a break in service due to lay-up their third special surveys (LR)
      853 words
    • 1407 28 INCREASED chartering emerged tor grain cargoes out of the US on Thursday but there was still an absence of fixing on the significant voyages from the Gulf to the Continent or Japan, shipbrokers said. Grain shippers paid the higher level of U5525.55 for a fairly prompt vessel from
      1,407 words
    • 8302 28 AARHUS Toy ama ScanOuicht. Feb 27 Ever Gallant Evergreen Feb 28 Kang He. China Ocean Shpg March 1 Ben Cairn. Triot March 1 Hamburg Express Triot. March 2(PK). Anna Maersk Maersk Line. March 2 Ming Peace Yang Ming March 4 Norasia Princess
      8,302 words
    • 1130 28 AT CONVENTIONAL WHARVES fodo Perltaso JI0 alongside 27 02/1500 VhmI KEPPEL WHARVES Berth Arrival Departure Sheraton Bunga Gelong 19 J5/6 alongside 27 02/0830 27 02/0600 Z Z 0203/1200 a Hv«c Kun No 232 12 27 02/0900 2802/0900 Eastern Glory K18 alongside 2702/1500 Ikogun Inti Somudra a 27
      1,130 words
  • Page 21 Advertisements
    • 857 21 -;![+;,)`.!-@[};<`?]-%-|?'([$&> OOCL Dedicated to C2\*a\\\y Service w r®3 INC SHIPPING AGENCIES 200 Cantonmont Road #12-05 Southpnnt, Singapore (COB T«l *****11 TELEX NO RS 2(179 TERMINAI/CFS T«l *****18 220 BOOKINGS Tel *****34 235 PESAKA JAROINE SHIPPING AGENCIES SON. BHO PORT KELANG TEL: *****18 Tetei No MA*****/MA***** PENANG TEL *****4 TELEX NO
      857 words
    • 62 21 mm AUSTRALIAN shipping what is left of It faces a crunch year in 1989. Page II AN IMPORTANT step towards clarifying rating procedures in the trans-Pacific trade lines is almost certain to be adopted by the US Federal Maritime Commission (FMC). Page 111 Index to advertisers II Ships in port
      62 words
    • 688 21 TIMES STP Distributors MAERSK LINE This week Lout* M Ckw.no Time CV 28/2 0700 MRS CFS 27/2 2100 MRS LOUS M 0004 28- 2 LEISE M 8904 7/3 LARS M 8904 14/3 LAURA M 8904 21/3 REGINA M 8904 28/3 LEXA M 8904 4/4 MCKMNEY M 8904 11/4 LEOA M
      688 words

  • Page 22 Advertisements
    • 457 22 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BENCAIRN HAMBURG EXPRESS KURAMA MARU BENALDER PILAR BENAVON OSAKA SAY ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG, MALMO, HELSINKI OSLO AMSTERDAM. CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT BREMER HAVEN VOY NO HAMBURG BENAVON TOKYO BAY KASUGA I OSAKA
      457 words
    • 17 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association
      17 words
    • 916 22 m VL^m 6 -52 tL/TL-b REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE NORASIA PRINCESS VM32-3 NORASIA SUSAN VB9Ol-3 NORASIA SINGA V 8902-3 NORTH SEA V 8903-3 (VIA FEEDER) PEN PKL 2/3 3/3 10/3 I# 20/3 a/3 25/3 26/3 a i /4#4 An^/p^RStSSSn 10 D stiMt o, Scandinavian (Aarhus, Copenhagen. Gothenburg)
      916 words

  • Page 23 Advertisements
    • 1221 23 0 The Straits Steamship Group v Vt P&O Containers CONTAINER SERVICE TO UK/CONTINENT; STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK Also Accepting Cargo For: «e Co|»i*e««i. Aarhut. Gothwth,,. Iblma. Slock holm Helsinki. Sondwbur. tottmrxltn Is Antwerp. AmltrdMi. (Mo, Bui*. U f«n •nwtuvw ;I*
      1,221 words
    • 737 23 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. c SAV Ccrvaanj Sud Amer.ccnj do '.jccre-i S C*'f£Jn Line £-,f 'tI.V
      737 words

  • Page 24 Advertisements
    • 449 24 pISINOSE MARITIME PTE LTD BKSSBT El ISLAMIC RSPUBLIC OF IRAN SHIPPING LINKS IRANIAN SEIT IRAN MEEAD PJL 6/S IRAN TAKHTI PJL 073 Singapore Loading for:SIO BANDAR ABBAS ETA 10/2 BANOAR ABBAS IKVOWM wm KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSI S'PORE HK LOAD FOR: KYOWA HIBISCUS V 35 2/3 VILA,
      449 words
    • 1110 24 HANJIN SHIPPING CO., LTD. KUI.I.V CON f AINE R I.S E D SERVICE TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST T/S PORT LINC MAUI W pus.— manjin busan m 14/3 I PUS. Mt HANJIN ROMANO DE Wl PUS LAX m m tin an 11* TO FAR EAST PORTS
      1,110 words
    • 993 24 EVERGREEN Full Container Service EVER GROWTH EVER GRAND EVER CREIT EVER GOLOEN EVER GLOBE Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) HKC KSC KKassssisisasiSfflssasasasssaai SSSS2£2Si'SSS"" '»"S"«««™SESSSSSI! £m ifS L 7 K 1W w w W W OMM M l 7* "A* nW 2404 17/05 1S« 21/05 3IIOS Olffi C« M »M B* 21M
      993 words

  • Page 25 Advertisements
    • 1107 25 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL SEA KARL MAI GUANG MAJAPAHIT ACCEPTING MURURAM/TOMAKOMAI/HITACHt CARGO VIA HKG JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE SIN SBY SRG In PI 1/3 3/3 In PI 4rill* 9/3 ii n IS/3 IS/3
      1,107 words
    • 454 25 BEN LINE CONTAINERS t TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE HKG NOUMEA SUVA AMI NAP TIM 11/3 MAKEDONIJA 2S 20/3 15/4 11/4 22/4 26/4 24/3 ACRITAS6S 6/4 2/5 6/5 S/5 11/5 8/4 TA VOYAGER IS 20/4 14/5 11/5 21/5 24/5 FROM NEW ZEALAND
      454 words
    • 534 25 D J AS AGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAJ4UOERA INDONESIA P.T. TRIKORA LLOYO i:h;ki:i mi iTaTLii VSL/VOY S PORE ANTWERP H BURG/ ROAM/ADAM BREMEN S PANJANG/21WB 6 9/3 10/4 14/4 MATARAM/23W8 3-31/3 29/4 1/5 S«ib|ect to Inducement. Also accepting cargo to Casablanca,
      534 words
    • 476 25 BOUSTEAD SHIPPING AGENCIES TAUNG GYEE V34IW M AN VI3SW PtNYA VIOIW PAGAN VI39W BURMA FIVE STAR SHIPPING CBRPOJUTIBN (Burmese National Line) Loading for Rangoon Spore P.Kelang Penartg BangV< In Pt/1 Mar *5 S* 77(71 M V£& BANK UNE wmrnxm NORTHBOUND TO UKC SPORE ROAM HULL HMBG MORAYBANK V7N In Pt
      476 words

  • Page 26 Advertisements
    • 754 26 Q KAWASAKI KISEN KAISHA. LTD. K LlNfc EXPORT N. AMERICA-ATLANTIC 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 VOY LB 12 20/1 •PK/PNG *INDO FEEDER VESSEL ORIENTAL FAIR NEPTUNE GARNET ORIENTAL FREEDOM RAINBOW BRIDGE N. AMERK
      754 words
    • 465 26 AUSTRALIA EXPRESS CONTAINER SERVICE Acccpttng FCUFCL Containers Siofiport P Katmi FWif loading lor MoMur V 4 By fmdm Br Faadar KALIOAS V.41 1C M» 5 Mm <'«n IMb Sydn Am TULSIOAS 4 Apr Mar Mar F'tm/IMb/Srdnf Add KALIOAS Ma» Apr Apr f rtm/MriD/SrdrvAdd TULSIOAS Ml a Ml* 23 May 23
      465 words
    • 527 26 STRAITS/PERSIAN GULF SERVICE: GOCOCN WONKA Cotomtxv*«•<*<,Out>» OOLOCN HAVIN CrtomOc Dut». CHINA SERVICE A Vissa Hum«u SliMfte. GOLDEN LINE GUM GUAN SHTPWG (PTE) LID 23, r«M Aw Urn* SINCAPO«I MM Til: VMM* (10 UMS) fa VMM* JLF SERVICE: Sport PR*„ fw, KaradM/OutM IftC Mti radM/Ovtei rw Iter CHINA OCEAN SHIPPING CO.,
      527 words
    • 380 26 PHIU OniCNT LIN(S PU LTD wI AO 0" Ct «3 cos NSCN POSO «OM2 Afac AS A suiio H: SiNGapcaf 3iC5 Tilt* RS ***** PmiH Fa< 2<5««7« ETA SINGAPORE OCSTINATIOII 10 3 22 3 m ,',"rWT.V (LCI) WEEKLY HO Oil OAM H KONG. KOBE. TOKYO KEELUNG, KAOHSIUNG MANILA (ANGKOR, SUSAN.
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  • Page 27 Advertisements
    • 1308 27 NEPTUNE AGENCIES PTE. LTD. dmtiti Bookings Bookings Enquiries Ft fcU/AUST TPA/SFA 27*9/7 imrii 27*57*2 *****19 *****16 *****18 *****48 is Inward/ Terminal CFS A Outward *****22 *****53 *****44 NEPTUNE < PH«Ung K Lumpur Psnana daftru 360TJ7 *****33 *****5 2W40 *****0 *****1 (27K1 cute EXPORT IMPORT 7TJ I i»J JO f,*E»lKlf 1U
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    • 820 27 SIM SO V 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 ***** PfNANG f KCIANC IW MANOiI C SYSTUI CO SOD MO. ***** Ne. >« Cujyfc. Port
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  • Page 28 Advertisements
    • 275 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. rtl 225 6868 |34 FAX *****39/*****/6 TELEX HS ***** A/8 SSCMA. US ***** A/B SSCAO DSR-LINES :0 CEUTPRACHT SEEREEOERE ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE *YIA LARNACA ACCEPTING CARGO FOR LIMASSOt, BEIRUT. LATTAKIA, AIEXANORIA, PORT SAID. PIRAEUS,
      275 words
    • 111 28 w T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED OAY ARRIVAL TO TAIWAN JAPAN r T rr 7 T~T7T <MPT! f/'TTMk ■■mi/': HERMES ACE VU HAKUSAN II V 3 CONTINENT VH KAIUKI VH HERMES ACE VH HAKUSAN II M a; i HAKUSAN II V 3 CONTINENT Vl9 KABUKI VM H£*M£S ACE
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    • 25 28 KOREA KIMCHEK SHIPPING COMPANY AGENT: INTERVESSEL MARITIME PTE LTD 10 ANSON ROAD #23-02 MTERNATIONAL PLAZA S PORE 0307 TEL: *****23 TLX RS 310*3 TELEFAX *****71
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  • Page 28 Miscellaneous
    • 145 28 n Regional Weather i *5 5» J > LL-lfi SIGNIFICANT WEATHER AND SEA CONOTTIONS AT 7JO A.M. Fab 27, IMS #c _y^ o Wnd d»Khon with speed «t knots Wove height LtGENO R Temperature c X\ v Shower Weoltier Wmd drection with vp«ed n knots Ron Cloud* Sky Wov Swtoce
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  • Page 29 Advertisements
    • 385 29 REGULAR EXPRESS FCL LCL SERVICE DESTINATION M. r PORT KELAMG (FCL) JAKARTA (FCL) TOKYO, KOOE, BUSAN (FCL) KARACHI, BOMBAY, COLOMBO (FCL) ETA SINGAPORE JARU BHUM 27N PIYA BHUM 166N SIR I BHUM 402N KITI BHUM 258N KITI BHUM 257N 1 3/3, 14/3, 24/3, 30/3 21/2, 7/3, 14/3, 21/3, 28/3, 4/4
      385 words
    • 296 29 CALCUTTA/KARACHI/CHTGONG/CBO REGULAR CONVENTIONAL LINER SERVICE Pan/Ptg i pon Lo««wg For %n KARACHI tM CALCUTTA > lo 20 Tom And AN Vtta Mow IS roar* PAKISTAN NATIONAL SHIPPING CORP., KARACHI. MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT KLANG PENANG SUNDERBANS 28/2-2/3 KAPTAI 28-30/3 INDONESIA
      296 words
    • 698 29 q-N-ljfj) Clo C H H WA de il l \JW" intehoceanica »a (CHILEAN NATIONAL LINK) GREAT ANDES SERVICE AMI iQUIQUt VALPARAISO STO tAUCO IS/4 W CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTEO WITH T/S VIA VALPARAISO A«ent NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71, *****65 SHIPPING HONOKONG/ ALL CHINA
      698 words
    • 108 29 PERKINS omecT MARKHAM BAY V.4 MARKHAM BAY 5 MARKHAM BAY V.I PERKINS SHIPPING PTV. LTD. Oarwin, Australia TO OARWM/RT. HEOLANO'/BROOMC* HMvy-Wt, Contoliwf A HO/NO CargoM eta/tto spore vtn r«k ctd oarwin s Mar ETA/ETO S PORE 11/11 Mar ITS OARWIN S Mar CTA/CTO S PORE IA Apr ETD OARWIN 17
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    • 266 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 1 IRAQI LINE Ir IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT MV SINDBAD WEST BOUND SERVICE ETA S PORE LOAOING FOR In Pt U* Qasr/Basrah/BafMad 4 Other Arabian Gulf Por THROUGH BA.I to BAGHOAO UPON WtQUKT ALSO ACCEPTING CONTAINERS OPTO
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  • Page 30 Advertisements
    • 644 30 I fine-liner shipping IB3\ PTE LTD rV.. Sfienton vViy 'MO2C Minni House Score 020? 'El *****7? (j Lmes) TLX RS 22W1 FLINEfi FAX .'25:856 EUROPE SERVICE (FCL A LCL) I -s 38,1 a* an at* w* tm FAR EAST SERVICE (FCL LCL> uy3 ii/) as w W 77(3 MIDDLE EAST
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    • 644 30 Z I M FUU CONTAINER SERVICE accepts FCL/LCL car«oos to USA tut 1 w«st Coast Carnbbtan.East Canada, HAITI. Carta Rica. El Salvador. Guatemala. Hondurai Venoiuola. Peru, Ecuador. Colombia via Miami. Trinidad. Barbados. Antigua, St Lucia, Montsarrat, Guayana via Kingston wm* M iM I■ I il a irwrrri JM-K AUSTRALIA CONTAINER
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    • 396 30 I rwnio ffi>n mAnantrmcni mi i\uut on m. -PV THROUGH BILL Of LADING TO FINAL DESTINATION. Peiung* P. Kelang Singapore jA MANOLOCVERETT 2S Feb/1 Mar 2/3 Mar K ROSEEVERETT 15/lt Mar (R JOHNEVERETT 27/29 r "EVERETT ORIENT LINE" A JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA, KOBE. NAGOYA, MOJI, TOKYO#
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  • Page 31 Advertisements
    • 251 31 Seabrfctafe UVKTWriITiI I IMK« W INTERCONTINENTAL LINES SEftBfIIDGE EUROPE t SCANDINAVIAN SERVICES 3)tWAPORc K T Poi^ L mANS U r A reN«lw*• JOHORE &:ajs&ssw& s&ssshssssiiisSEABHDIGE MR EAST. VIETNAM i CHINA SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG JOHORE BKN, JUT, HKG, N»N, HCM, CITY, MNIA. BUSAN, AUST FIJI
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    • 148 31 Consolidation Service VIETNAM SIN: 7/3 HOCHIMINH PACIFIC ISLANDS SIN: 23/3 NOUMEA/PT VILA/SUVA/PAPEETE MAURITIUS REUNION ISLANDS SIN: 12/3, 30/3 PORT LOUIS/REUNION TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNOE/OUAGADOUGOU/ BANGUI/KINSHASA TTA Freight Pte Ltd Tel: *****55 TLX RS ***** INTERTEAM TOGETHER WE WORK AS A TEAM* LCL
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    • 536 31 5= SING KWANG HANG SMPmNO TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE DESTINATIONS ETA SINGAPORE PORT KELANG 4 MAR MANILA 7 MAR HONG KONG. ALL CHINA PORTS 4 MAR KEELUNG. KAOHSIUNG 5 MAR BUSAN 3 MAR TOKYO. KOBE 3 MAR CHI TT A GONG t MAR DUBAI SYDNEY. MELBOURNE 11 MAR
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    • 543 31 ttl GLORY NAVIGATION GROUP I*-'a sj IM'lt.VHl.li.m.i'lH: TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* GLORY SEIATAN VIII Voy M 4/2 GLORY SEIATAN VI Voy 9(2 GLORY SELATAN VII V«y 17 2C/2 PKL PNC BLW KAON m 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND
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    • 445 31 PTC CONTAINER LINES FCL LCI SERVICE PTCGHOJP SIN FM EAST 5/3 KEELUNG/KAOHSIUNG 1/3 BANGKOK 5/3 MANILA 4/3 JAKARTA 4/3 PORT KELANG/PENANG 3/3 BUSAN 7/3 TOKYO/YOKO/KOBE 2/3 MONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ SIN EUROPE/UK 5/3 RDM/HAM/ANT/LE HAVRE/GENOA 5/3 LDN/FLX/LVP/SOU SIN USA/CANADA 2/3 L.A./NYC/SFO 3/3 VANCOUVER/TORONTO/MONTREAL SIN AUSTRALIA/NEW ZEALAND 1/3
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  • Page 32 Advertisements
    • 468 32 Sun Hup Co (Pte) Ltd L r *****06 (20 Lines. TLX HS 2206! 4RS ***** ft. I \M tK\ K lIM K III). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN A CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE •Also
      468 words
    • 388 32 ■Q.CHO YANG LINE EXPRESS FAR EAST/EUROPE FULLY CONTAINERISED SERVICE QUEEN S WAY BRIDGE /W 4/1 22/3 OP W i CHOYANC PARK 1W 11/3 »/3 30/3 31/3 HANJIN OAKLAND 1W 11/3 5/4 J/4 W CHOVANG SUCCESS 2W 25/3 12/4 13/4 14/4 1 Alto Kc«p(ing for Inland UK domination* Antwerp tod Scandinavian
      388 words
    • 373 32 iV?\D L 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 A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE W. MALAYSIA SERVICE SINGAPORE THAILAND
      373 words
    • 769 32 (—Ji Vv CALL US AT: P. KELANG PENANG J. BAHRU P GUDANG SINGAPORE K. LUMPUR *****53/3687 111 M *****2/4, 6272)3 07 *****8 07-*****3, *****5, *****0, *****1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B BUTANC 5» B BUTANC 531 BUTANC U3 B. BUTANC SB N DELfT
      769 words