The Business Times, 28 February 1989

Microfilm: NL16473
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, FEBRUARY 28, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    263 1 Dow down WALL STREET stocks were lower again in early trading yesterday after being briefly higher with blue chips attracting light bargain hunting, brokers said. The Dow 30 was down six at 2238 and a few more issues showed losses than gains. Reuter Footsie down LONDON share
    263 words
  • Article, Illustration
    Regional markets infected by Wall Street jitters
    260 1 REGIONAL markets were dragged lower yesterday by a nervous Wall Street market which dropped 44 points last Friday because of a half-point increase in the US discount rate. The Singapore stock market closed lower on moderate turnover amid mounting concern over the possibility
    260 words
  • Article
    Sea View posts $1.1m interim after-tax profit
    405 1  -  By HERMAN PHUA SEA VIEW Hotel Ltd, widely rumoured to be a takeover target, has turned in a sparkling set of interim results. For the six months ended Dec 31, 1988, the hotel company raked in a group after-tax profit of $1.13 million
    405 words
  • Article
    External demand fuelled 1988 growth
    539 1  -  PER CAPITA INCOME UP 11.4 PER CENT TO $17,673 BSQOQGM® mamm By ZHOU MEI Economics Correspondent EXTERNAL DEMAND, as in 1987, provided the main impetus to Singapore's strong economic expansion of 11 per cent in 1988. That growth rate of the gross domestic product (GDP)
    539 words
  • Article, Illustration
    Lock icon Manufacturing unit labour cost goes up
    390 1 THE MANUFACTURING unit labour cost index went up from 1987 s 118.7 to 127.1 last year (with 1980 as the base year). The index for 1986 was 125.4. However, Singapore's cost competitiveness against other Asian newly industrialising economies (NIEs) as measured by a relative
    Source: Economic Survey 1988  -  390 words
  • Article
    Lock icon Lee advises Aquino to act fast on aid plan
    208 1 Reuter PRIME MINISTER Lee Kuan Yew advised Philippine President Corazon Aquino to use quickly international aid planned for the Philippines before donors' interest fades, Manila's Foreign Secretary said yesterday. Foreign Secretary Raul Manglapus told reporters that Mr Lee, who has spoken
    Reuter  -  208 words
  • Article
    Lock icon Malaysian rulers meet to choose king
    260 1 UPI NINE hereditary rulers gathered yesterday for the election this week of a new king to reign over Malaysia for the next five years. The election of a monarch tomorrow spotlights a unique institution that has evolved into a symbol of unity for the
    UPI  -  260 words
  • Article
    Lock icon Tin price chalks up biggest one-day gain in five years
    311 1 AFP Bernama TIN PRICE soared more than 3 per cent to Ms 22 88 a kg at the Kuala Lumpur Tin Market yesterday, the sharpest one-day gain in five years. The steep rise from M 522.20 on Friday occurred in
    AFP; Bernama  -  311 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      68 1 Nikon The World s Finest Photographic System. J 00 of During the Happy Hours 5 Bpm, drinks flow. At one for one prices, you couldn't have a happier time. With the golden sounds of yesteryear keeping fine company. And if the mood strikes you. have a whirl around the dance
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      Page 1 Advertisements Column 2
      219 1 More reports, PAGE 11 Local Report, PAGE 16 Regional Mkts, PAGE 18 mm mm Editorial Comment: 10 In support of sports Investments 10 South Korea looks abroad Oil 2 Call to consider Northern Territory Interest rates Bush-Fed discord downplayed EDB 2 Professor Lim Pin joins board Thai economy 3 'Trade
      219 words
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      Page 1 Advertisements Column 3
      32 1 Nikon The World's Finest Photographic System rm/ldeCartier to/ mu/t* dp Cartier Boutique/ SINGAPORE 01 -36, Lucky Ptaza 304 Orchard Road Tel: *****27 #01 -04, Hilton Shoppng Galery, 581. Orchard Rcpd Tel: *****95
      32 words
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  • HOME NEWS
    • Article
      Call to consider Northern Territory
      441 2  -  By LILIAN ANG SINGAPORE companies engaged in oil-related activities should extend their interests to the Northern Territory in Australia an area set to develop its vast energy resources. This call was made yesterday by Mr Barry Coulter, the Northern Territory Minister (or Mines and Energy,
      441 words
    • Article
      STPB floats away with award
      161 2 A SINGAPORE Tourist Promotion Board (STPB) float has won an outstanding award at a Lunar New Year 15th Day Celebration and Tourism Festival in Taipei. The STPB float was one of only eight considered outstanding by the judges from a total of 46 entries. The
      161 words
    • Article
      Towards closer military cooperation
      221 2 ASEAN ACADEMICS and defence experts will explore the possibility of closer military and security cooperation at a conference next month. The conference Towards Greater Asean Military and Security Cooperation: Issues and Prospects will be opened by Minister for Foreign Affairs Wong Kan Seng. To be held
      221 words
    • Article
      Cairnhill Hotel to spend $25m on expansion
      217 2 CAIRNHILL HOTEL will undergo a $25 million expansion programme in the middle of the year. The move is in line with the trend in the industry to aim at the business traveller who spends an average of $500 a day compared with the
      217 words
    • Article, Illustration
      Prof Lim Pin appointed member of EDB board
      232 2 PROFESSOR Lim Pin, vice-chan-cellor of the National University of Singapore, has been appointed a board member of the Economic Development Board (EDB) from the beginning of this month. He replaces Professor Choo Seok Cheow, chairman of the Science Council, who stepped down
      232 words
    • Article, Illustration
      URA team visiting KL, Penang
      250 2 A TEAM from the Urban Redevelopment Authority is now on a three-day goodwill and study visit to West Malaysia. Led by its chairman. Associate Professor Khoo Cheng Lim, the team seeks to foster closer relationship between the URA and its Malaysian counterparts. "It is also
      250 words
    • Article
      Manpower cost shortfall
      181 2 THE GOVERNMENT needs an additional $173,677,540 to meet its manpower costs for last year. The shortfall was caused by the public sector's "higher than anticipated" year-end bonuses, the increase in employers' rate of Central Provident Fund contribution and the restoration of the 1984 National Wages Council award.
      181 words
    • Article
      NTI offering commerce, computer technology
      355 2 THE NANYANG Technological Institute (NTI) will offer in its academic term beginning this July two new courses that are expected to induce some freshmen admitted to the National University of Singapore (NUS) to make a switch. The new courses, commerce and computer technology, are likely
      355 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      122 2 Flight crew and cabin attendants. Kai Tak Airport, Hong Kong. The Swire Group EH 4 Mm MH 2 m mm. T is* A k%: :mhJn si V a 40* "4 i#T v h& V I IH Vft iiSl-2* Be y».. ARRIVE IN BETTER SHAPE. e we have one of the
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  • ASIA – PACIFIC
    • Article
      Lock icon Border pact boosts hopes for more Israeli-Egyptian accords
      238 3 Reuter ISRAELI and Egyptian officials said the resolution of their seven-year-old border dispute over the Taba Red Sea beach strip boosted hopes for improved ties and other agreements. After signing an accord late on Sunday which handed sovereignty over the 700-metre Taba
      Reuter  -  238 words
    • Article
      Lock icon Insurance companies pose big threat to UN lifeline for Kabul
      529 3 AFP INSURANCE COMPANIES are posing a bigger threat than politics to United Nations plans to keep open a lifeline for the people of Kabul by airlifting food supplies into the city from Pakistan. Informed Western sources said that insurance companies
      AFP  -  529 words
    • Article
      'Indochinese trade could hasten Thai DPZ launch
      622 3  -  By DAVID CHEW THAILAND'S growing trade relations with Indochina could very well provide the impetus for Bangkok's proposed Data Processing Zone (DPZ) to get off the ground soon, a top bureaucrat from the National Economic and Social Development Board (NESDB) told BT in
      622 words
    • Article
      Lock icon France floats plan to help Vietnamese boat people
      197 3 AFP FRANCE is seeking support from several Asian governments for a plan to place ships in the South China Sea to ensure that Vietnamese boat people are not forcibly pushed back to sea, a senior French official said in Kuala Lumpur. Bernard
      AFP  -  197 words
    • Article
      Lock icon Flight security school to go international
      259 3 Bernama THE MALAYSIAN Department of Civil Aviation s (DCA) security school in Penang is to go international and function as a training centre for flight security officers from 38 countries in the Asian-Pacific region. OCA director-general Zolkipli Abdul said yesterday that an expert on
      Bernama  -  259 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      147 3 Credit POSB. The most affordable way to own your home. Our home financing package makes home ownership more affordable. No frills. No strings attached. No catches. Just the most practical terms so that you own your home without too much hardship. Consider: Competitive interest rates: Ito 5 years 5.00%. 6to
      147 words
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      Page 3 Advertisements Column 2
      192 3 A HOME NOTA HOTEL There's no place like home. Especially after being away for a few weeks on a business trip. But now, in Singapore, The Ascott Executive Residences provide a marvellous home away from home. One or two bedroom apartments and penthouses individually designed for the executive or family
      192 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      179 3 "/S/ (°C) 30/19 Fin* 04/03 Roin 17/10 Cloudy 21/13 Clear 33/25 Clear 29/25 Cloudy 06/-1 Clear 18/10 Sunny 18/13 Cloudy 08/03 Cloudy 20/16 Cloudy 08/04 Showors 27/18 Cloudy 08/05 Cloudy 09/06 Rain 28/16 Clear 22/10 Cl*ar -8/-11 Snow 25/16 Fin* 25/16 Cloudy 04/-8 Cloudy 07/04 Cl*ar 30/26 Cloudy 05/01 Cloudy
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    • Miscellaneous
      Page 3 Miscellaneous Column 2
      70 3 Doonesbury MiI,THAT* IT, HARVBY! J™. THANKS FOR. JO/NINGUS! SWtj MARK. YOU KNOW, MARV, YOU 6UYS PIP YOURSBLF PROUP hUTTH THIS CARTOONISTS' HONB/MOON. fT MAS A REAL PUBLIC SeWICB! T 'j* m m r»v 1 BY GARRY TRUDEAU UtOUU? YOU EVBR CONSIPZR exwNPfNe n t you knoou, GETTING 36MINP THB PRSSh
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  • REST OF THE WORLD
    • Article
      Lock icon US economy expected to slow this year
      338 4 Fewer economists polled forecast a recession Reuter THE US ECONOMY is expected to slow significantly this year, but the chances of a recession in the next two years have eased slightly, according to a poll of US economists issued yesterday. The findings of
      Reuter  -  338 words
    • Article
      Lock icon Adviser downplays Bush-Fed discord
      312 4 Reuter THE CHAIRMAN of the White House Council of Economic Advisers on Sunday played down reports of disagreement between the Bush administration and the Federal Reserve Board over interest-rate policies. Michael Boskin said in a US television interview that Fed chairman Alan Greenspan showed only healthy
      Reuter  -  312 words
    • Article
      Lock icon Conservatives trail Labour in opinion poll
      217 4 AFP BRITAIN'S opposition Labour Party, widely seen as a lame duck after Conservative Prime Minister Margaret Thatcher's third straight election win in June 1987, last week overtook the Tories in an opinion poll for the first time in two-and-a-half years, the Observer newspaper said.
      AFP  -  217 words
    • Article
      Lock icon EC, Central American ministers to meet
      313 4 AFP THE EUROPEAN COMMUNITY (EC) and Central American countries were scheduled to hold their fifth ministerial conference in Honduras yesterday and today, giving the EC a chance to reiterate its backing for peace efforts in the region, diplomatic sources said in Brussels. Belgium, on
      AFP  -  313 words
    • Article
      Publisher in bid to defuse controversy
      248 4 THE PUBLISHER of "The Satanic Verses" is considering labelling unsold copies of the book with an apology in an effort to defuse Muslim protests over the novel, a representative was quoted as saying yesterday. Thousands of Shiite Muslims demonstrated in Lebanon and Iran on
      248 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      991 4 ARRIVALS DEPARTURES Operator Sonrfco local Fro<n Operator Sorwico local For numbtr rim« nwmb*r tin* SVA SV398 0835 JED/BUM GU GA961 0615 CGK MAS MM605 0900 KUl Su SOI 04 0630 KUl MAS MH6SI 0910 PEN SU SO 192 0830 PEN MAS MM630 0920 KUl TMA TG402 0830
      991 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      196 4 Orchard Road Only one first class hotel is right in the middle. The Crow n Prince Motel. Completely surrounded bv the vivid colour and constant excitement of Orchard Road. It is indeed the crown in the jewel All around, in eveiy direction, there are stores and shopping centres, banks, business
      196 words
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      Page 4 Advertisements Column 2
      54 4 A question of tear for writers, PAGE 12 LONDON Call your Tnvel .\gent or Air Cmtdi at 7)*****. A BREA TH OF FRESH AIR MMKHH '"I "llilITi" Y ""I IT" ~llKi'llliTWllll' The business person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving Heathrow
      54 words
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  • COMMODITIES
    • Article
      Lock icon Higher Inro reference prices likely
      291 5 Reuter THE NEW COUNCIL for the second International Natural Rubber Agreement (Inra) is likely to raise Inro reference prices when it meets for the first time in late March. Buffer stock manager Aldo Hofmeister said in Kuala Lumpur last week that high rubber prices since
      Reuter  -  291 words
    • Article
      KL Tin
      181 5 FRESH DEMANO lifted the Kuala Lumpur Tin Market price by 68 cents to a new three-year high of M 522.88 a kg, brokers said. This is the biggest dally Increase since December 1986. Brokers said European interests took all the tin offered yesterday. Turnover fell to 110 tonnes
      181 words
    • Article
      Palm Oil
      294 5 MALAYSIAN crude palm oil futures yesterday fell back to lower opening levels at the close on profit-taking and lack of follow-through buying, dealers said. Prices had earlier risen on commission house buying after a weaker Chicago soyoil futures close last Friday affected initial values. June closed Ms 6
      294 words
    • Article
      RAS and MRELB
      273 5 RAS prices In S cent»/kg, FOB In bal*« NOON CLOSE Buyers S*ll*rs Buyers Sellers krt 1 RSS Prompt 202.50 203.SON 202.50 203.50 Int 1 RSS Mor 09 203.50 204.50N 204.00 205.00 Int 1 RSS Apr 205.50 206.SON 205.50 206.50 Int 2 RSS OP 198.00 200.00N 198.00 200.00N
      273 words
    • Article
      SSR and SMR
      80 5 (canti/kg) MARCH 1989 APRIL 1989 (currant month) (forword month) RAS NOON NOON twy*n S«U«rt kytn S«l«ri SSR 20 189.00 19I.00N 189 00 19I.00N ss* so 187 00 189.00N 187.00 189.00N MRELB lvr«ri S«H«r> tvycn S«lt«fi SMR CV 308.00 310 00N 310.00 3I2.00N SMR L 306.00 308.00N 308.00
      80 words
    • Article
      Rubber
      375 5 SINGAPORE: Rubber prices ended slightly higher yesterday with March 1 RSS buyer quoted at 204.00 cents a kg. up one cent from last Friday's close. Brokers said prices finished fractionally higher in quiet morning trade after moving uncertainly on light selling interspersed with shortcovering. Values picked up slightly in
      375 words
    • Article
      Lock icon Crude Oil and Products
      149 5 Telerate FUEL OIL PRICES opened little changed on the Singapore market. Volume of trade remains light but quite a bit ot talk is heard for both CST-180 CST--380 HSFO. Independent report- edly sold major 20,000 tonnes of March CST--180 at US$76 tonne fob Sing. A Philippine
      Telerate  -  149 words
    • Article
      Produce Prices
      195 5 Chinese Produce Exchange S*ll«rj' noon dosing prt cat on F*b 27 (SS/100 kg) Coconut oil Bulk FOB 108.00 OW drum FOB 118.00 N*w drum FOB 122.00 Copra MU«d (Ioom) 64.00 Pepper Muntok whit* FOB NtW 740.00 Sarawak whit* FOB faq NLW 730.00 Sarawak tpocial black FOB NLW 570.00
      195 words
    • Article
      Precious Metals
      422 5 HONGKONG: Gold closed higher yesterday in fairly quiet trade on light buying from local investors. Dealers said foreign traders lacked strong buying incentives because of uncertainty about the direction of the US dollar. Bullion ended at U*****.00/USS39I.50 an ounce against an initial U*****.80/U*****.30 and compared with last Saturday's
      422 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      201 5 Call by tomorrow, or your Yellow Pages ad is Today and tomorrow. That's all the time you've got to book an ad in the July '89 Yellow Pages. Call and reserve your space now! Your business will definitely be facing stiffer competition, and the near future will see a fierce
      201 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1636 6 SINGAPORE: The US dollar closed lower {gainst major currencies in Asia yesterday despite the half-a-point hike to 7 per Cent in the US discount rate announced last Friday. Most market participate considered the hike as too little and too late. Furthermore, another round of European interest rate rises
      1,636 words
    • Article, Illustration
      World interest rates
      188 6 Indicates the average of the prime lending ratee of 12 ma|or banks in S'pore Interbank market rates (offer/bid) on Feb 27 us$ DM SWFC Yen 7 doys 9 7/8 3/4 11 7/8 5/8 6 3/8 1/4 5 7/8 3/4 4 9/16 7/16 1 mih 10 l/S 10
      188 words
    • Article
      Lock icon Simex
      453 6 Reuter EURODOLLAR FUTURES closed lower yesterday compared with last Friday's Chicago levels on profit-taking and liquidation following a half-point rise in the US discount rate and a high federal funds rate. March Eurodollar fell to 89.70 from Chicago's 89.73 and June to 89 36 from 89.40 on turnover of
      Reuter  -  453 words
    • Article
      Options
      1334 6 CURRENCY FUTURES OPTIONS Monday, Fab 27, 1989 DEUTSCHE MARK (SIMEX) Mor High 88 can Lm la Sofl 1 High Mar as put* Low Sofl 51 CAS 52 CAS 53 20SS 210 CAS 54 1188 112 1 1 1 55 398 34 34 21 21 21 56 <7 4 S7A
      1,334 words
    • Article
      Money markets
      89 6 THE OVERNIGHT RATE on the Singapore money market fell by 1/8 point to close at 5-1/8 per cent yesterday. The one-month rate rose by 1/16 point to close at 5-5/16 per cent. The two-month rate rose by 1/16 point to close at 5-3/8 while the threemonth rate gained
      89 words
    • Article
      Asian dollar market
      243 6 ASIAN DOLLAR deposit rates closed higher in moderate trading yesterday. Dealers attributed the firmer trend to a halfpoint rise in the US discount rate to 7 per cent, continued high US federal funds rate and a halfpoint rise in prime lending rates to 11.5 per cent by
      243 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      131 6 SA Warn SINGAPORE AVANT HOTELS (SINGAPORE) PTE LTD 317 Outrom Road Singopore 0316 Tel *****88 Coble GIASSHOTEI SINGAPORE Telex RS ***** GLHTI Telefo* *****89 We are located outside the CBD area. 20 February 2 March (except Sundays) The freshiest of seafood is cooked in true Mediterranean perfection during our two-week
      131 words
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      Page 6 Advertisements Column 2
      67 6 QAF LIMITED (Incorporated in the Republic of Singapore) GUARANTEED LOAN FACILITY Guarantors Credit du Nord, Singapore Branch Malayan Banking Berhad, Singapore Branch Credit Lyonnais, Singapore Branch National Westminster Bank PLC Overseas Union Bank Ltd Security Pacific Asian Bank Ltd Funds Provider Malayan Banking Berhad, Singapore Branch Overseas Union Bank Ltd
      67 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      121 7 Now >i)ii can enjoy first class French cuisine in an hour or less. Illlill 11| liWT lIf|II Ml I M m Its a f. ■iiacis Va I m fin,, m a A m m Mm V. A* 1 m Cll A a >£ > Kgia 54 Mi /<^\ Our new
      121 words
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  • BANKING AND FINANCE
    • Article
      Making sure you don't steer into rough waters
      562 8  -  by PAUL FRANKLAND MESSING ABOUT in boats is great fun, but hardly cheap fun. So once you have taken the plunge and splashed out with the expensive investment of a boat of your own, it only makes sense to protect it properly,
      562 words
    • Article
      Lock icon 'No' to HK futures intervention at this stage
      200 8 Reuter HONGKONG Futures Exchange (HKFE) and government officials say the government will not intervene at present in the exchange's regulation. Secretary for Monetary Affairs David Nendick, former HKFE chairman Wilfred Newton and HKFE chief executive Douglas Ford, met last Saturday to discuss
      Reuter  -  200 words
    • Article
      Lock icon Swiss Bankers' Association continues to oppose money laundering bill
      337 8 FT THE Swiss Bankers' Association (SBA) is maintaining its opposition to a bill against money laundering before the Federal Parliament. This is despite the call by Mr Markus Lusser, president of the Swiss National Bank (SNB), last week for tough legislation
      FT  -  337 words
    • Article
      Lock icon 'Malaysian banks must stick to minimum disclosure'
      586 8 Grace period granted for financial years 1988, 1989 Bernama ALL financial institutions including banks, finance companies and merchant banks are required to adhere to the minimum disclosure laid out in the specimen accounts for financial statements from the financial year ending Dec 31,
      Bernama  -  586 words
    • Article, Illustration
      Lock icon Venezuela to suspend private sector foreign debt payments
      549 8 Reuter VENEZUELA will suspend principal payments on the country's USSS billion private sector foreign debt on March 1 and will seek to refinance interest payments on virtually all of its US$32 billion foreign debt, central bank President Pedro Tinoco said. In an
      Reuter  -  549 words
    • Article
      Lock icon ÜBS profits rise 3.4 per cent to a record US$490 million
      207 8 AFP UNION BANK of SWITZERLAND, the largest Swiss bank, has reported profits of 778.3 million Swiss francs (US$49O 33 million) for 1988, up 3.4 per cent over 1987 The 1988 figure is 0.3 per cent higher than the record
      AFP  -  207 words
    • Article
      IMM
      325 8 IMM CURRENCY FUTURES closed lower last Friday, with most contracts near the top of daily ranges alter short-covering ahead of the weekend trimmed losses. Prices turned volatile early when the US Federal Reserve raised the discount rate by a halt percentage point to 7 per cent, traders said. The
      325 words
    • Article
      Diners celebrates 39 years today
      142 8 DINERS CLUB, which introduced the charge and credit card business to the world, celebrates its 39th anniversary today. The company has issued nearly six million cards worldwide and over 28,000 cards in Singapore. These cards are accepted at over one million retail outlets in more
      142 words
    • Article
      Lock icon CME open interest hits new high of almost 2.02m
      133 8 Reuter THE Chicago Mercantile Exchange (CME) set an exchange-wide open interest record last week. The CME said the number of positions left unliquidated at the end of the trading session last Thursday climbed to nearly 2.02 million contracts, marking the first
      Reuter  -  133 words
    • Article
      Government securities market
      104 8 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ*****A 25.05.89 3.90 3.85 3.86 3.86 6 months BS*****N 17.08.89 3.97 3.92 3.98 3.95 1 year BY*****H 23.11.89 4.00 3.95 4.01 3.97 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      104 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      135 8 Olivetti PERSONAL COMPUTER Tusk Computing Services (S) Pte Ltd SEMINAR Theme: Computer Solutions -.v- v <.. v x,; >■ The seminar on Computer Solutions Is jointly organised by Tusk Computing Services Pte Ltd and Olivetti Singapore Ltd. FOR WHOM EDP Professionals, Senior Managers, Financial Controllers and Chief Accountants. GUEST SPEAKERS
      135 words
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      Page 8 Advertisements Column 2
      79 8 Miii 41 VI Spend a year in Holland and earn an MBA Unique MBA programmes with specializations in 1. Industrial Policy 2. Accounting and Finance Wnte for more information to: KVB The Head of the Graduate Studies Department Netherlands International Institute for Management (RVB) P 0 Bo* 143 2600 AC
      79 words
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  • TECHNOLOGY
    • Article
      Local PC makers expect 20pc growth for 1989
      670 9  -  By SHOEB KAGDA SINGAPORE'S personal computer makers are bullish about this year's prospects, forecasting a growth of 20 per cent, in spite of a projected global slowdown. While Singapore-based computer manufacturers contacted by BT do not expect this year's sales to achieve
      670 words
    • Article, Illustration
      Lock icon This is one small dish
      44 9 Reuter The world's smallest commercial satellite dish, according to its maker Geostar, is less than six inches in diameter and is capable of transmitting one million messages per hour at a cost of five US cents a message. Reuter
      Reuter  -  44 words
    • Article
      Lock icon Portable diagnostic lab for Third World doctors
      201 9 UPI A SCIENTIST sympathetic to the plight of Third World doctors has created an inexpensive diagnostic laboratory to carry modern technology into the most primitive settings. The portable laboratory developed by microbiologist Kendall Smith weighs less than 30 pounds, fits into two small
      UPI  -  201 words
    • Article
      Lock icon Companies launch high performance systems with faster chips
      437 9 NYT A SIMPLE COMPUTER chip design that has already dramatically altered the industry by giving faster processing speeds at much lower cost will get a significant commercial push this week when a variety of computer makers announce higher performance machines at a
      NYT  -  437 words
    • Article
      Lock icon Found: human protein that stops growth of cancer cells
      208 9 UPI RESEARCHERS at a Seat-tle-based biotechnology company, Oncogen, reported on Saturday their discovery ot a natural human protein that stopped the growth of some cancer cells in laboratory tests. Or George Todaro. president and scientific director at Oncogen, cautioned that the
      UPI  -  208 words
    • Article, Illustration
      User-friendly WordPerfect 5.0 lives up to its name
      842 9  -  mrnm By JEFFREY TSANG THE BEST testimony for Word Perfect 5.0 comes from an unsuspecting journalist at the Asia Telecom show in Singapore last week. To help the 50-odd journalists who had to file stories to all over the world, the organisers
      842 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      284 9 SIT PROGRAMMES FOR OFFICE WORKERS SCHEDULE FOR MAR-JUL 1989 F: FULL DAY SESSION fwith one hour lunch break) 8 Sessions from 9 30am to s:3opm E EVENING SESSION 19 Sessions from 7:oopm to 10 00pm H HALF DAY SESSION 14 Sessions AM session from 8 30am to 12:30pm PM session
      284 words
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      Page 9 Advertisements Column 2
      131 9 The Market Leader in Word Processing WordPerfect 5.0 sets the standard in office and professional word processing s.o's advanced features include: Integrated text and graphics. Over 1,000 freely interchangeable typefaces. Varying font sizes without affecting margins, tabs or column definitions. Allows you to "illustrate" a point anywhere in your document.
      131 words
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  • PERSPECTIVE
    • Article
      In support of sport
      500 10 THE FACE OF sporting success is usually a broad smile, a clenched fist or a prayer-like clasp of hands. But to believe that the road to glory is as two-dimensional as the photograph that captures the moment of triumph is to miss the whole story. In
      500 words
    • Article, Illustration
      Lock icon South Korea looks abroad
      1043 10  -  South Korea's mounting current account surplus is forcing the country to invest abroad. Its emphasis is now on small- and medium-sized Korean firms. ROBIN PAULEY and PETER MONTAGNON talk to South Korea's new Trade Minister. ROBIN PAULEY, PETER MONTAGNON FT SOUTH KOREA is dealing with the
      FT  -  1,043 words
    • Article
      Lock icon Dead-end youngsters in Australia
      654 10 Reuter "WHAT DO I most hope for? That I die pretty quick." That chilling response and others in a report on Australia's 25.000 homeless children has shocked a nation which once proudly boasted of being the "lucky country". The report by the Human Rights and Equal
      Reuter  -  654 words
    • REGIONAL VIEWPOINTS
      • Article
        JIM2 and beyond
        382 10 CAMBODIA 'THE SIMPLE FACT that the results of the second Jakarta Informal Meeting were issued yesterday as the 'Consensus Statement of the Chairman' and not Joint Statement of JIM 2 participants' poignantly shows how the task to achieve a comprehensive, just, and hence, durable solution to the
        382 words
      • Article
        Incentives for growth
        228 10 MALAYSIA IN THE LATEST MOVE to encourage more investments, the government is giving additional incentives to the manufacturing sector to expand its operations. Trade and Industry Minister Oatin Paduka Rafidah Aziz has told the private sector that existing pioneer companies could be given incentives (pioneer status and
        228 words
      • Article
        Oiling the drills
        348 10 INDONESIA "THE NEW PACKAGE of incentives for oil contractors announced on Wednesday reflects the government s quick response, notably the Ministry of Mines and Energy, to the latest developments in the hydrocarbon industry. It was the second time that the terms of the standard production sharing contract
        348 words
      • Article
        Grass is greener?
        337 10 HONGKONG "THE BELIEF that the grass is greener in foreign pastures is becoming more widespread in relation to higher education in Hongkong. Over the past year, the number of Hongkong students seeking visas to allow them to take degrees in the four most popular overseas countries rose
        337 words
  • Page 10 Advertisements
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      261 10 mm* .S. Corn-fed Chilled Beef Savour the best of U.S. Corn-Fed beef exclusively Airflown direct from the famous Harris Ranch of California. Served in a way only Jack's knows best, dripping with tempting, mouth-watering flavour in your favourite cuts of Tenderloin. Ribeye. Striploin orT-bone... ideally grilled just for you! g,
      261 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      32 10 triSte^Fan&DLcte* SorrveTHirtG SOnCTMinG MOUV THC CUNNING LRDV IS ON 15 RLL WR'T.rtG Mm** Nova TMPfT U)R'T\NG IM Tne CUO-S SOrnerH.NG^ On my DESK t<dP p sotoctwimg HeflV/HG 7 8050 m... Pftssiorwife ern6RAce.
      32 words
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  • ECONOMIC SURVEY '88
    • Article
      In the lead once again
      551 11 MANUFACTURING THE MANUFACTURING SECTOR once again led the economy, but no longer was the electronics sector the major growth generator. True, electronics continued to be the star performer. But strong growth was also recorded in the transport equipment sector while the petroleum sector finally came
      551 words
    • Article
      First, the Japanese, then the Americans
      283 11  -  INVESTMENTS Reports by ZHOU MEI, RICHARD SEAH, LEE HAN SHIH, ANNA TEO, WILLIAM CHIA and SHOEB KAGDA FOR THE third year running. Japanese investors poured in the bulk of manufacturing investment commitments in 1988. Their $693 million vote of confidence accounted for just over
      283 words
    • Article
      Reaping rewards of cost cutting
      477 11 TRADE COST-CUTTING to restore Singapore's international competitiveness paid dividends last year when, of the four Asian newly industrialised economies (NIEs), Singapore was the only one to register a sharp rise in export growth. At current prices, Singapore's exports rose 31 per cent to $79.1 billion
      477 words
    • Article
      Good growth, but could be much better
      338 11 TOURISM THE TOURISM "BOOM" experienced by Singapore last year was nothing to shout about compared with what other Asian countries enjoyed. Hongkong continued to be Asia s top tourist destination while Thailand edged Singapore out of the number two spot. Thailand last year
      338 words
    • Article
      More new companies saw light of day
      376 11 BUSINESS ENTERPRISES THE BUSINESS COMMUNITY grew substantially last year as far more companies and businesses started up than the number that went bust. A total of 15,803 new companies and businesses were registered in 1988, against 9,757 that became defunct. There was thus
      376 words
    • Article, Illustration
      Hoteliers disagree with STPB projection
      441 11 IN A REPORT that raised the ire of many hoteliers, the Singapore Tourist Promotion Board has projected that there will be fewer hotel rooms in Singapore in 1992 than at the end of last year. The report, in the 1988 Economy Survey released yesterday, said
      441 words
    • Article, Illustration
      Lock icon Singapore joins others in scaling down expectations
      523 11 EXTERNAL FACTORS THE VIBRANCY enjoyed by Singapore's major trading partners and the regional economies had much to do with Singapore's 11 per cent growth in 1988. Doubledigit growth was last witnessed in 1973 when the economy expanded 11.3 per cent, based on 1985
      Source: Economic Survey 1988  -  523 words
    • Article, Illustration
      Still a competitive edge
      641 11 MANPOWER AND PRODUCTIVITY THE SCRAMBLE for workers in a tight labour market last year pushed the unemployment rate down and workers' earnings up without eroding Singapore's international competitive edge. Productivity gains continued to be made, but at a rate marginally lower than that of the previous
      641 words
    • Article
      More workers in the class-rooms
      182 11 A LOT MORE workers attended classes conducted by the National Productivity Board (NPB) last year, but attendance at its seminars and workshops dropped. A total of 17,202 people enrolled in NPB courses in 1988, nearly double the 9,640 in 1987. Seminars and workshops run by
      182 words
    • Article
      Private sector pumping in more money
      279 11 CONSTRUCTION THE CONSTRUCTION sector seems at last to be seeing the light at the end of the tunnel. While it remains the only negative contributor to the national product, its traumatic contraction seems destined to tail off. It is primarily the private sector that
      279 words
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  • LEISURE
    • Article, Illustration
      Lock icon A question of fear for writers
      664 12  -  BOOKS By EDWIN McDOWELL NYT AMERICANS by the hundreds of thousands intend to buy The Satanic Verses, judging from bookstore orders. Under ordinary circumstances, other publishers would have already signed up similar books. But this time, publishers are seeking to distance themselves as much
      NYT  -  664 words
    • Article, Illustration
      Lock icon Bringing you up to let you down
      1199 13  -  HELI-SKIING By JOE KIRWIN IHT WHEN LEONARDO DA VINCI came up with his crude design of a helicopter in the 15th century, it was difficult to imagine all the applications the Italian genius envisioned for the radical machine. It's safe to assume one
      IHT  -  1,199 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1057 12 n POMMERY Where to entertain DEUCIOZO HYATT Mama Mia! Pete's Ptoce introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our eyer popular salad bar. $10.50* EARLY BIRD SPECIAL
      1,057 words
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      Page 12 Advertisements Column 2
      212 12 Irs o revolution in Russion cuisine 3 m ("I) H i fUZC. aa u i V 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,
      212 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      200 13 ■3 *7^ 7 r HP Every second's on-the-house! The Fountain Lounge is flowing with the good tiroes Between 5 and 8 pm daily, for every drink you order you get your next FREE And bottle purchases are at 25% less There's no happier time to enjoy your favourite drinks and
      200 words
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      Page 13 Advertisements Column 2
      85 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, clean finish, long after-taste."
      85 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      680 13 CRYPTIC PUZZLE ACROSS 3 Come out in the garden (5) 8 Arrange to ban a certain club (5) 10 He's no mere footman! (5) 11 One with two legs (3) 12 Large drink? (5) 13 In Hamburg, largely, he's disapproved of (7) 15 Talk about a politican being held up!
      680 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1346 13 TV and RADIO Convict fights to have her baby t HO W A scene from Love Child OUR CHOICE YOU'VE GOT THE CHOICE (Ist quarter final), Bpm, Channel 5 How well do you know your nutrients? Are you on speaking terms with your arteries? Do you know the first thing
      1,346 words
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  • SPORTS
    • Article, Illustration
      Lock icon Tyson's tough territory
      966 14 BOXING NYT AS THE UNDISPUTED, undefeated and unmerciful heavyweight champion. Mike Tyson reigns as ruggedly as only a few in boxing history have. With his fifth-round destruction of Frank Bruno last Saturday night. Tyson now has a 36-0 record with 32 knockouts. But the champion's dominance should
      NYT  -  966 words
    • Article
      Lock icon McEnroe turns 30 with US$10m
      424 14 TENNIS AP JOHN McENROE's first tournament victory after one milestone helped him reach another. The first tennis title after he turned 30 put McEnroe over the US$lO-million mark in career earnings. "It's a great start," McEnroe said, who was 30 on Feb 16. "When you
      AP  -  424 words
    • Article
      Lock icon Two in a row for Becker
      164 14 AFP BORIS BECKER won his second Grand Prix tennis tournament in as many weeks on Sunday when he triumphed in the United States Professional Indoor Championships in Philadelphia and then warned: "I don't think I have reached my peak yet." The powerful 21-year-old West
      AFP  -  164 words
    • Article
      Lock icon Frazier upsets top seed Potter
      103 14 AFP AMY FRAZIER, one of the United States' most promising juniors, notched up one of the biggest wins of her short career on Sunday when she defeated top seed Barbara Potter to win the US$lOO,OOO Wichita Women's Tennis Tournament. Frazier. just 16. and a semi-fi-nalist
      AFP  -  103 words
    • Article
      Lock icon Garrison pulls off a 'Soviet double'
      170 14 AFP ZINA GARRISON of the United States, whose last tournament success on the circuit came in Sydney back in 1987, completed a magnificent Soviet "double" on Sunday when she took the Oakland title after scoring a one-sided win over Larisa Savchenko. Just 24-hours after
      AFP  -  170 words
    • Article
      Lock icon The Johnson scandal unfolds again
      316 14 ATHLETICS AP FROM A SMALL VILLAGE in Jamaica to the halls of the International Olympic Committee in Switzerland, the world will focus on a Canadian hearing room today where Ben Johnson's coach will tell his story. What was behind one of the most sensational scandals
      AP  -  316 words
    • Article
      Putting the Rolex Masters on the Asian Circuit
      441 14  -  GOLF By WALTON MORAIS WITH PRIZE MONEY up by 27 per cent to $127,000, the Rolex Masters golf championship, which tees-off with the Pro-Am tomorrow, is already in the big leagues of local golf competition. But as the Asian Golf Circuit also
      441 words
    • Article, Illustration
      Lock icon Glasson triumphs over Calcavecchia
      511 14 AP BILLY GLASSON escaped with a one-stroke victory after Mark Calcavecchia made a double bogey on the final hole of the Doral Open golf tournament in Miami on Sunday. Calcavecchia was a single stroke back when he and Glasson went to the famed 18th on Ooral's
      AP  -  511 words
  • Page 14 Advertisements
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      112 14 m a R a u m K Va SHE HAS UNLEASHED HER POWERFUL VOICE IH PERFORMANCES THROUGHOUT THE WORLD SHE HAS PACKED THEM IH FROM MONTE CARLO TO HONOLULU, HAWAII e 26\ft eb drinfc) From 15* oclustvo I $25 00 m I THE QUEEN OF THE FAR EAST PERFORMS WITH
      112 words
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      Page 14 Advertisements Column 2
      85 14 GEE THONG HUNG PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 906 of the Companies Act. Cap. SO that a Final General Meeting of the Members of the abovenamed company will be held at 101-A Upper Cross Street, #11-22 People's Park Centre, Singapore 0105 on
      85 words
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      Page 14 Advertisements Column 3
      518 14 NOTICES CHEM MET INDUSTRIES (PTE) LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY OIVEN pursuant to Section 308 of the Companies Act, (Chapter 50) that a Final General Meeting of the Members of the abovenamed company will be held at 101-A Upper Cross Street, #11-22 People's Park Centre, Singapore 0105
      518 words
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      Page 14 Advertisements Column 4
      3 14 s I m
      3 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      72 14 Play golf the Sevvy way The pendulum action o ft tec umuii cercv i |ONTONC AS WELL AS SHORT PUTT&THE [ANGLE OF THE LEFT ELBOW AND WRIST WEMAINS THE SAME/ THIS IS BECAUSE THE SHOULDERS AND ARMS MOVE TOGETHER AS j A UNIT y w Rff THE MIN6E ACTION MUST
      72 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Bumpy ride ahead
      624 15 Mm mm™ HOCK LOCK SIEW THE US Federal Reserve last week finally did what many people around the world were expecting: It raised the discount rate from 6.5 per cent to 7 per cent. This move, following the 0.6 per cent increase in the January consumer price
      HOCK LOCK SIEW  -  624 words
    • Article
      Facelift for S'pore Warehouse
      382 15  -  By MAGDALENE NG EDIBLE OIL manufacturer Hwa Hong Corporation Ltd is spending $6 million to $7 million to renovate and upgrade the Singapore Warehouse complex in the Havelock Road area. The complex, located at the junction of Martin Road and River Valley Close, comprises two blocks
      382 words
    • Article, Illustration
      Major revamp at Avimo
      541 15  -  Group prepares for growth By MICHELLE OH PRECISION OPTIC manufacturer Avimo Singapore Ltd has implemented a major corporate restructuring which will enable the group to handle increased business and further growth. For a start, listed Avimo Singapore will be turned into a holding company whose main
      541 words
    • Article, Illustration
      Ng Soo Peng to be asked to return to witness box
      143 15  -  Insider Trading Trial ALLAN NG SENIOR DISTRICT Judge E C Foenander will today recall the prosecution's expert witness, Mr Ng Soo Peng, at the continuing insider trading trial of Allan Ng. Mr Ng Soo Peng, the former stock exchange
      143 words
    • Article, Illustration
      SES data processing manager quits to join bank in Sydney
      345 15 PAUL PHILLIPS, data processing manager for the Stock Exchange of Singapore. will be leaving Singapore in mid-March to return to Sydney. Australia. Mr Phillips, who has been with the SES for four years, will work in Sydney for a multinational
      345 words
    • Article
      COMPANY BRIEFS
      97 15 SATERAS RESOURCES Bhd said the proposed sale of Bangunan Sateras is to improve its cash resources, strengthen its financial position and reposition itself to take advantage of other investment opportunities In a circular on the proposed sale by Development Securities Sdn Bhd. Sateras' 99 6pc-owned unit, it said
      97 words
    • Article, Illustration
      Far East Levingston chalks up 73pc rise in group after-tax profits
      501 15  -  By ROSIE TAN FAR EAST Levingston Shipbuilding Ltd (FELS), the rig-building subsidiary of conglomerate Keppel Corporation, has chalked up a 73 per cent rise in group af-ter-tax profits to $17.18 million for 1988, thanks partly to higher investment income.
      501 words
    • Article
      HL stake in Apollo at 33.67pc
      164 15 THE HONG LEONG group has raised its stake in takeover target Apollo Enterprises Ltd to 33.67 per cent following acceptance to its offer which has since been extended to March 3. Hong Leong Enterprises Re Ltd (HLE). the vehicle used for the bid. said
      164 words
    • SES
      • Article, Illustration
        Finance sector hardest hit as market loses ground on a wide front
        1171 16  -  I iv w by MICHELLE OH ALTHOUGH supported by strong economic fundamentals, the local stock market could not withstand the onslaught of falls in overseas markets. The Straits Times Industrials Index dropped 14.99 points to 1,120.22 at the
        1,171 words
      • Article
        COMPANY MEETINGS
        76 16 KUALA LUMPUR KEPONG BERHAD: 16th AGM at the Registered Office, Wisma Taiko, 1 Jalan SP Seenivasagam, ***** Ipoh, Perak on Monday, March 13, at 12.30 pm. CARLBBERQ BREWERY MALAYSIA BERHAD: 19th AGM at No. 55 Persiaran Selangor, Section 15, ***** Shah Alam, Selangor on April 18 at 11.30
        76 words
      • Article
        APPROVED ISSUES
        119 16 Company RIGHTS ISSUE Inno-focific Thr**-forlwo )l 30 p *r shor* with )2 nommol amount ol loc in stock and N«o TSfc Ex-dot*: F*b 34 Books cfOS* Mof 8 Company bonus issue Harrisons Ms<0 On*'for-OA* E»-dot* Mor 1 Books dot* Mar 15 Company OTHERS s r h OH*r of
        119 words
      • Article
        PROPOSED ISSUES
        351 16 Company RIGHTS ISSUE Ayer Hitom Tin One-for-oae 0 $1 10 per star* Berjaya Corpo On* for on* Q $1 00 par per shor* C 1 Holdings 27 mMion lot in stocks in Ik* ratio of $3 loan (tod k for *very fiv* ordinory -L. L-l-i JnO't? WO Causeway
        351 words
      • Article
        SES SHARE INFORMATION
        5730 16 Grs Grs 196& 89 Low Tel Last Vol Day .aat Quote Div Dtv Y*ld Not 1 1 Cap High Cod* Company Solo orC000) High Low Buyer S« C'VT P/E Smll FEB 27 SESDAQ 187 114 t 4000 Amtek Eng 20* 129 -1 14 129 128 128 130
        5,730 words
    • KLSE
      • Article, Illustration
        Third straight fall in KL
        3490 17 SELLERS continued to dominate trading, and share prices retreated for the third consecutive day on the Kuala Lumpur stock market yesterday. Scattered double-digit losses were incurred. The weak trading was undoubtedly influenced by the sharp drop on Wall Street last Friday when the Dow Jones
        3,490 words
    • REGIONAL MARKETS
      • Article
        Lock icon Comalco turns in record profit, plans expansion
        577 18 Reuter AUSTRALIAN aluminium producer Comalco Ltd plans a major expansion of smelting and downstream output after lifting annual net profit 135 per cent to a record A 5393.49 million, managing director Mark Rayner says. "We're in good shape to start thinking about capital
        Reuter  -  577 words
      • Article, Illustration
        Lock icon Prices fall sharply
        664 18 Australia Reuter TOP industrial stocks led a sharp drop in the Australian share market by the close yesterday as expectations grew of another fall on Wall Street. Brokers said buyers steered clear of the share market with New York's Dow Jones index expected to tumble for the
        Reuter  -  664 words
      • Article, Illustration
        Lock icon Shares end lower
        650 18 Tokyo Reuter TOKYO share prices closed lower yesterday. An earlier rise to a new traded high, despite a sharp drop in Wall Street prices last Friday after the Federal Reserve raised the discount rate a halfpoint, prompted investors to take profits across a broad front, brokers said.
        Reuter  -  650 words
      • Article
        Lock icon Cheung Kong makes conditional cash offer for Kwong Sang Hong
        235 18 Reuter HONGKONG-listed Cheung Kong (Holdings) Ltd has made a conditional cash offer for Kwong Sang Hong Ltd, another listed company. The Hongkong Stock Exchange said in a statement yesterday that trading in Kwong Sang Hong was suspended at the company's
        Reuter  -  235 words
      • Article, Illustration
        Prices finish sharply lower
        1370 18 Hongkong HONGKONG share prices closed sharply lower yesterday following Wall Street's lead, where prices of blue chips fell on the US Federal Reserve's discount rate rise last Friday. brokers said. The Hang Seng index recouped parts of its morning losses by ending 50.05 points, or 1.61
        1,370 words
      • Article
        Lock icon Taipei: Slightly higher finish
        462 18 Reuter TAIWANESE share prices edged to a higher close yesterday despite continued investor caution and a lacklustre performance by financial issues, dealers said. The weighted index rose 85.03 points, or 1.2 per cent, to end at 6,885.51 from Saturday's 6.800.48 finish Rising issues led falls by
        Reuter  -  462 words
      • Article
        Lock icon Bangkok: Index down
        165 18 Reuter THE SECURITIES Exchange of Thailand Index fell 4.38 points to 434.07 yesterday on a turnover of 8,615,933 shares worth 628.34 million baht. FEB 27 BAMT Ao Kh«m Thai 418 2 Ayudhya Invastmant 37 75 -0 25 Bangkok Agro-lod 106 unch 9 Bangkok Bank Bank Ayudhya 285
        Reuter  -  165 words
      • Article
        Lock icon Manila: Mixed close
        102 18 Reuter MANILA share prices closed mixed yesterday, but advances in selected issues, spurred by an official report of "Good oil shows" at the Galoc 1 well in Palawan island, central Philippines, outpaced overall declines, brokers said. The Manila Stock Exchange composite index closed higher at 842.86 points,
        Reuter  -  102 words
      • Article
        Lock icon Seoul: Prices up
        191 18 Reuter SEOUL stock prices rose yesterday, led by financial securities, with investors paying little attention to US President Bush's visit to Seoul yesterday, brokers said. The composite index closed at 922.44, up 3.84 points from Saturday's session. Turnover was 274.4 billion won against 198.7 billion in the
        Reuter  -  191 words
      • Article
        Lock icon New Zealand: Market slumps
        125 18 Reuter THE NEW ZEALAND share market slumped yesterday in the wake of higher international interest rates and brokers see little chance of a recovery in coming days. "The market has had a kick in the guts and has been winded it will take some time to
        Reuter  -  125 words
      • Article
        Lock icon Bombay: Volatile trading
        181 18 Reuter BOMBAY share prices rallied strongly yesterday at the start of trading but ran out of steam later and closed lower after the results of two leading companies fell short of market expectations, brokers said. Tata Iron and Steel Co Ltd reported higher profits for the first
        Reuter  -  181 words
    • INTERNATIONAL COMPANY NEWS
      • Article
        Lock icon West German retailer averts bankruptcy with deal involving 130 banks
        487 19 Reuter SOME 130 creditor banks have hammered out a package over the weekend to save debt-ridden West German retailer Co op AG from bankruptcy. After 13 hours of talks which began on Friday, the creditors agreed to waive 1.7 billion
        Reuter  -  487 words
      • Article
        Lock icon Amer buys Wilson for US$200m
        109 19 AFP US SPORTS articles firm Wilson has just been bought by Finland's Amer Group for US$2OO million, sources from Wilson's West German subsidiary said on Sunday at the 30th International Sports Articles Show (Ispo) in Munich. The Amer Group is also taking over US$lBO million
        AFP  -  109 words
      • Article, Illustration
        Lock icon Bush has opportunity to reshape market regulation
        641 19 SEC nominees likely to support tighter control NYT BECAUSE OF openings on the Securities and Exchange Commission. President George Bush has the opportunity to reshape Federal regulation of the US securities markets. In the process, he will most likely hasten the demise of
        NYT  -  641 words
      • Article
        Lock icon Polaroid's defence strategy could become a classic
        432 19 NYT EIGHT MONTHS and millions of dollars since Shamrock Holdings Inc started a hostile bid for the Polaroid Corp, it appears that Polaroid has won with a strategy that may become a classic in the history of corporate defence. Only court rulings against
        NYT  -  432 words
      • Article
        Lock icon VW off to a good start this year after revving up '88 profit
        267 19 Reuter VOLKSWAGEN AG (VW) has said business in calendar 1989 was going very well after the company boosted 1988 group net profit. However, management board chairman Carl Hahn said that profits had still not reached a level
        Reuter  -  267 words
      • Article
        Lock icon Hitachi, GM subsidiary to buy National Semi unit
        260 19 Reuter HITACHI LTD and Electronic Data Systems Corp (EDS), a wholly owned subsidiary ot General Motors Corp, are to acquire jointly National Advanced Systems (NAS), the computer sales and service arm of National Semiconductor Corp. Hitachi and EDS will set up a
        Reuter  -  260 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        490 19 Reuter ZURICH: Swiss share prices extended their losses yesterday after a lower opening and closed at new 1989 lows, dealers said. Prices were depressed by the sharply lower close on Wall Street and losses in Tokyo. The market was dominated by expectations of further rises in interest
        Reuter  -  490 words
      • Article
        Selected indices
        123 19 HONGKONG All Industrials Hongkong lode* Mondo, J(D4 75 ('■day 1047 86 W«o» ago 2.007 73 Hong Seng Indea Monday 3.0M 18 f««*oy 3.***** Weft ago 3 l»« Mow** 2.4334 2 *55 5 vv»ek ogo 2.46» 1 NEW YORK Dow Jones *»«Joy 2245 54 thwrtday 2289 4« WW 090
        123 words
      • Article
        Lock icon Department dismisses reports of British financial reforms
        197 19 Reuter THE UK Department of Trade and Industry (DTI) has dismissed as speculation press reports that it is about to issue new amendments to Britain's Financial Services Act (FSA). The London Sunday Times carried an article saying the DTI would reform the act
        Reuter  -  197 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      207 15 APPOINTMENT GENERAL MANAGER Salary Around S$ 100,000 (approx U5547,000) p.a. plus performance related bonus This prestigious, non-residential, club stands in its own spacious grounds of Swiss Club Road With an international family membership of over 2.000. the General Manager will be responsible for all aspects of running the club and
      207 words
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      Page 15 Advertisements Column 2
      293 15 CURRENCY INVESTMENT .AMERICAN EXPRESS BANK TEL: 321 3333 FELS FAR EAST LEVIINGSTON SHIPBUILDING LTD (Incorporated in the Republic of Singapore) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1988 The Directors of Far East Levmgston Shipbuilding Limited advise the following audited results of the Group and the Company for the
      293 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      432 18 FOR 9ALKt MACPHERSON FLATTED FACTORY Size 8,300 sf to 20,000 sf Floor loading 150 lb psf Whole floor available Strategic location Sole Marketing Agent DEBENHAM TEWSON CITY VALUERS PTE LTD *****79 *****84 BALANCE SHEET (Non-Consolidated) Assets Cash and Due from Banks Call Loans Trading Securities Securities Loans and Bills Discounted
      432 words
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      Page 18 Advertisements Column 2
      3 18 CHARTPOINT Every Saturday
      3 words
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  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      316 19 LEADING LADIES FASHION CHAIN STORES FOR SALE IN TORONTO. CANADA Excellent locations, profitable businesses operating 18 years. Potential trade $5% million yearly. Asking $2% million only. Included items are stores, stocks on hand, warehousing, van and car. Purchaser will deal directly with owner or bank, who will help in business
      316 words
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  • Article
    Lock icon World trade at its most buoyant in four years
    616 20 Optimism over this year's prospects Reuter WORLD TRADE grew at its fastest rate for four years in 1988 and looks set for record growth this year, the Gatt trade body said yesterday. Merchandise trade rose 8.5 per cent last year, equalling
    Reuter  -  616 words
  • Article
    Lock icon Indonesia expects debt service to rise
    181 20 Reuter INDONESIAN PRESIDENT Suharto said the weakening dollar will increase Indonesia's debt service in the next fiscal year but ruled out a debt rescheduling. "If there had been no hike in a number of foreign currencies against the dollar, our obligations for foreign debt
    Reuter  -  181 words
  • Article
    Suharto warns of a possible Communist Party revival
    494 20  -  By PAUL GOPAL PRESIDENT SUHARTO has warned that Indonesia must remain alert to the danger of a revival of the Indonesian Communist Party (PKI) following the resumption of diplomatic ties with China. Speaking to reporters aboard a flight from Tokyo to Jakarta,
    494 words
  • Article, Illustration
    Lock icon Protectionism is fool's gold, Bush tells Seoul
    399 20 Reuter AP AFP US PRESIDENT George Bush yesterday lectured the South Koreans on the perils of protectionism, calling it "fool's gold" and saying Washington's thriving Asian ally must do more to foster free trade. In his first major speech on foreign soil, Mr
    Reuter; AP; AFP  -  399 words
  • Article
    Lock icon Military ware: UK is not KL's sole supplier
    115 20 Bernama THE memorandum of understanding signed between Malaysia and Britain last year does not preclude Malaysia from shopping elsewhere for military equipment. Defence Minister Tengku Ahmad Rithauddeen said in Kuala Lumpur yesterday. He said the decision on where to buy the military
    Bernama  -  115 words
  • Article
    Lock icon Tokyo to partly abandon semicon accord with US
    443 20 AFP JAPAN IS to abandon partly a two-and-a-half-year-old agreement with the United States on export controls for semiconductors. said the Ministry of International Trade and Industry (Miti). Officials in Tokyo said Japan would announce details of the move at a meeting of
    AFP  -  443 words
  • Article
    Lock icon Takeshita retracts remark about role in World War II
    200 20 UPI JAPAN's Prime Minister Noboru Takeshita, moving to quiet an international storm over his remark that Japan may not have been the aggressor in World War 11, apologised and reversed his statement in Parliament yesterday. "I feel sorry for having invited
    UPI  -  200 words
  • Article
    Case calls for action against price fixing by airlines group
    292 20 IN A TWO-PRONGED MOVE, the Consumers Association of Singapore has called upon both the government and the public to act against price fixing by an airline grouping that has increased fares on excursion tickets to popular tourist spots in Asia
    292 words
  • Article
    Lock icon Comex silver and gold
    103 20 Reuter COMEX SILVER FUTURES gave back early gains on a burst of selling in the spot March before first delivery notices today. However, the selling pressure that ate into a rally through last Friday's highs levelled off at unchanged. Spot March silver held unchanged at U555,925
    Reuter  -  103 words
  • Article
    Lock icon Tokyo wants cut in Iranian oil imports
    245 20 Reuter THE JAPANESE government has urged Japanese oil firms to buy less from Iran as a result of the Salman Rushdie furore. Tokyo is worried it may come under international criticism for its large Iranian oil imports. "The Japanese government is very nervous,"
    Reuter  -  245 words
  • Article
    Lock icon 'Cambodian solution possible this year'
    161 20 Reuter MALAYSIAN Foreign Minister Datuk Abu Hassan Omar said yesterday that Vietnam had pledged to cooperate with peace efforts on Cambodia and the conflict might be resolved this year. "The (Cambodian) problem will possibly be resolved this year. Vietnam has promised full cooperation in our
    Reuter  -  161 words
  • Article
    Lock icon M'sia offers potential for UK
    95 20 Bernama MALAYSIA offers tremendous potential for British investors and there should be further growth in British investments in the country. Robert Atkins, British Parliamentary Under-Sec-retary of State for Industry, said yesterday that he would personally encourage British investors who have not yet invested in Malaysia
    Bernama  -  95 words
  • LATE FILE
    • Article
      Lock icon Non-Opec states to cut output
      65 20 AP SIX non-members of the Organisation of Petroleum Exporting Countries will cut production by 180,000 barrels a day in the second quarter of 1989 to help stabilise oil prices. The Middle East Economic Survey in Nicosia said yesterday that the non-Opec producers had agreed on
      AP  -  65 words
    • Article
      Lock icon Aquino proposes debt council
      58 20 AP PRESIDENT Corazon Aquino yesterday proposed to set up a council to advise her on how to manage the country's US$2B billion foreign debt. The council would replace the regulatory body proposed in a congressional bill that she vetoed. Officials in Manila said members of the
      AP  -  58 words
    • Article
      Lock icon US firm to buy Marcos property
      62 20 AP PRESIDENT Corazon Aquino's government yesterday expected to close a deal for the sale ot a Manhattan condominium once allegedly owned by deposed president Ferdinand Marcos. Nievelena Rosete, a member of the Presidential Commission on Good Government in Manila, said the buyer was an
      AP  -  62 words
    • Article
      Lock icon Nakasone denies involvement
      46 20 UPI FORMER Japanese premier Yasuhiro Nakasone yesterday declared he was "totally innocent" of allegations that he was at the centre of a widening financial-political scandal that has threatened to bring down the current government. Mr Nakasone served as prime minister from 1962-87. UPI
      UPI  -  46 words
    • Article
      Lock icon Tower makes public pledge
      68 20 Reuter PRESIDENT George Bush's nominee to head the US Defence Department has taken an extraordinary public pledge against drinking in an effort to win Senate confirmation, possibly this week. John Tower denied in a round of press interviews on Sunday that he had ever been an
      Reuter  -  68 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      149 20 DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? r so, and you .no office space business -upp:~rr famines we have M.r-s i' ?•'nc- f •OO r prices for a wee!' s•" r v Jiva'len r to i mqht ss: iv m m r '"'"n i"! Pn,in Hc f
      149 words
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      Page 20 Advertisements Column 2
      79 20 sipliP Hew I An Exotic And Spicy Flavour Of Indonesian Cuisine Now Fills The M,UTIA^) INDONESIAN HESTAUHANT m r--4 V Serves A Wonderfully Extensive Selection Of Indonesian Specialities From Java. Sumatra And Sulawesi. All These Palate Tickung Dishes Are Meticulously Prepared By A Team Of Indonesian Masterchefs. We Know You
      79 words
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  • SHIPPING TIMES
    • Article
      Cahaya Samudera says it is charterer of Tambang VII
      442 21  -  By LILY FERNANDEZ CAHAYA SAMUDERA SHIPPING (CSS) has pointed out that it is and has been the charterer of the Tambang VII since 1981. The company said this in response to a claim by ABSS Shipping that it was going to
      442 words
    • Article
      Evergreen to launch reefer service in trans-Pacific trade
      175 21 EVERGREEN is to start a a service carrying refrigerated and temperature-con-trolled cargoes on its trans-Pacific trade fleets, beginning this April. In the initial stages, reefer cargoes will be carried between the main ports to Japan, Korea. Taiwan and Hongkong and the United
      175 words
    • Article
      CIS team visits M'sia
      213 21  -  By G DURAIRAJ A 12-MEMBER team from the Chartered Institute of Shipbrokers. Singapore, yesterday completed a three-day visit to Malaysia to familiarise themselves with developments in shipping and ports. The team, led by SC Lim as coordinator, visited Klang Port Authority, Kelang Container Terminal and Malaysian
      213 words
    • Article
      Bids called for new CFS in Bang Sue
      273 21  -  By Richard Ng BIOS for the construction of a container freight station in Bang Sue that will linked to Sattahip port by rail have been called. The State Railway of Thailand (SRT) which called the bid has reserved 560.000 metres of its
      273 words
    • Article
      EC to hold new talks with S Korea on yards
      124 21 THE European Community wants to hold new talks with South Korea over a three-way effort with Japan to solve the world crisis in shipbuilding. South Korea s External Relations Minister. Han Sung-Soo. said The talks are likely to be held
      124 words
    • Article, Illustration
      CWT's state-of-the-art distribution complex
      500 22 CONTAINER Warehousing and Transportation's new distribution centre promises to be the biggest and most modern distribution complex in Singapore when it is completed this October. The $14.2 million contract for its construction was awarded to Fletcher Construction Singapore, a wholly-owned construction subsidiary of Fletcher Challenge Limited,
      500 words
    • Article
      INDEX TO ADVERSITERS
      798 22 AB Shpg V 5 Kie Gwan IV 2 ABC Contoiner IX 1 Korea Kimchek VIII 3 Accord Shpg VI 1/2 1 Kyowa line IV 1 Alltrons IV lion Huat IV 2 Anro Service IV 2/3 lin lin Shpg IV 3 ANl 1 1/2 line Fast IV 4
      798 words
    • Article
      Aussie exporters to prepare paper on port problems
      483 23  -  By FLORENCE CHONG MAJOR Australian exporters have got together with the shipping industry to prepare a paper analysing the problems on the Australian waterfront. On completion, the report will be submitted to the Australian government to take action The exporters including the
      483 words
    • Article
      Philippines set to pass bill to encourage shipowning by Filipinos
      464 23  -  AL O LABITA Jr THE Philippine Congress is set to pass a bill seeking to encourage the development and expansion of the country's overseas merchant fleet. The bill, authored by Congressman Manuel Puey, was filed in response to complaints from
      464 words
    • Article
      Lock icon TANKER RATES
      248 23 AFP TANKER rates levelled oft over the past week after their recent sharp decline, but market conditions still offer no hope of improvement, London brokers E A Gibson said. Reliable industry sources put current Opec output in excess of 19 million barrels per day (bd), above its agreed
      AFP  -  248 words
    • Article
      TBI gets exclusive business from Osco Carriers
      245 23 A NEW brokerage house, Tanker Brokers International (TBI), has opened in London with exclusive business from the 15-vessel Osco Carriers pool. The company will handle a variety of chartering activities as owners' brokers but with a specialisation in product carriers up to 100,000
      245 words
    • Article
      LONDON FREIGHTS
      888 28 HIGHER rates were reported to have been paid by grain shippers on the key US Gulf to Japan route on Friday but this could not be confirmed, shipbrokers said. Charterers were said to have paid U5524.25, basis no combination ports, or around $24.85, basis one combination port, for
      888 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3099 28 aarhus Ever Gellent Evergreen Feb 26 Keog He. Chtne Ocean Shpg Feb 26 Ben Cairo. Triof March 1 Hamburg Eapreee. Trtot. March 2(PK). Anna Meerek. Meerek Line March 2 Ming Peace Yang Mtng. March 4 Norasia Princess Norasia Line. March 4 Bonga
      3,099 words
    • Article
      SHIPS IN PORT
      1128 28 AT CONVENTIONAL WHARVES till ItoMM fcl a o a OB.'1300 naurn ******0 att/2300 00 03 0300 01 00' (830 OKXV23QO QSQO l<00 oiavins 01 03,3M' a<& 3000 a oar acs ?jop GiOlOTO wai'isoo a Of 2300 oioootoo a CC.083D aoj, I00D a c3 -«c 030V1800 1.03.89 Oapartura
      1,128 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      791 21 > TIMES STP Distributors Ttmes PuM»/mi9 Croup OOCL Dedicated to (Quality 3e»*vice. v;;; f Jordines INT SHIPPING AGENCIES 200 Ctntonmont Rood #12-06 Southpomt, Singapore 0208 Td *****11 TELEX NO RS ***** TERMINAUCFS Td *****11 220 BOOKINGS Td *****34 23S PCSAKA JARDINE SNIPPING AGENCIES SON BHI). PORT KELANG TEL: ***** IS
      791 words
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      Page 21 Advertisements Column 2
      51 21 mm CONTAINER Warehousing ond Transportation's new distribution centre promises to be the biggest and most modern distribution complex in Singapore when it is completed this October. Page II MAJOR Australian exporters have got together with the shipping industry to prepare a paper analysing the problems on the Australian waterfront. Pago
      51 words
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      Page 21 Advertisements Column 3
      857 21 TIMES STP Distributors *T MAERSK LINE ThM mt L*im M Closing Tim* CV 7/3 0700 HRS CFS 27/3 2100 HRS LEISE M LARS M LAURA M REGINA M LEXA M MCKINNEY M LEOA M LtCA M Th« MM LMM M Closing Tim* CY 7/3 0700 MRS CFS 7/3 2100 MRS
      857 words
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  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      675 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BENCAIRN HAMBURG EXPRESS KURAMA MARU BENALDER PILAR BENAVON OSAKA BAY ALSO ACCEPTING CARGO TO" ALL UK INLANO DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG, MALMO, HELSINKI. OSLO, AMSTEROAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG R'DAM/ I ANTWERP LE HAVRE SOUTHAMPTON BENAVON
      675 words
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      Page 22 Advertisements Column 2
      17 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 22 Advertisements Column 3
      755 22 I ►> Y r tmt L 1 1 52 L9J c- s REGULAR INDEPENDENT FULL CONTAINER SERVICE TO FIJPOPF FEEDER) 1 u cunurc pen pkl sin sou rot ant ham bre leh NORASIA PRINCESS VM32-3 2/3 3/3 4/3 27/3 29/3 31/3 31/3 2M 2M NORASIA SUSAN VWOI-3 10/3 11/3 12/3
      755 words
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  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      1127 23 The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT; S port P *l»Bf S'ton H'kur| 8 hjvtn ft dam L*h ■ENCAIRN 0L« w 22/ffl HAMOK EXPRESS 04«3 22/H 24/B 2MB 27» 21/03 KIMAMA MARU OMB 2VJ3 27(03 2V3 30«3
      1,127 words
    • Advertisement
      Page 23 Advertisements Column 2
      491 23 EURO BOX LINE TO USA/CANADA WEEKLY FULL CONTAINER SERVICE FEEDER P. EISENHOWER V 45 P ARTHUR V2O P HARDING Vl9 P. ROOSEVELT V 43 P. MONROE VSS irrnnrpnTi bub 3/3 2/3 3/3 5-6/3 9/3 10/3 9/3 17/3 16/3 17/3 19-20/3 124/3 ■MM IHWHI LINEHAUL P. EISENHOWER V 45 P. HARRISON
      491 words
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      Page 23 Advertisements Column 3
      154 23 CFS PACKING SERVICE If you require the above service for your export containers, either to contain single or multiple shippers' cargo. Please contact us at: *****77 (Mr William Lau) We have the space and right facilities to cater to your needs. SENATOR LIMIE AGENTS: Tel: *****77 EUROPE BUTCH SENATOR mm
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      459 24 mSINOSE MARITIME PTE LTD n(l ISLAMIC Rl PUBLIC OP liSril IRAN SHIPPING LINKS X SERVICE Loading lor IRAN MEEAD PJL 675 IRAN TAKHTI PJL 673 KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL S PORE HK LOAD FOR: KYOWA HIBISCUS V.35 12/3 VILA, NMA. LTK, SUVA. PAGO. APIA •KYOWA VIOLET V
      459 words
    • Advertisement
      Page 24 Advertisements Column 2
      1109 24 HANJIN SHIPPING CO., LTD. KUI.LY containerised service I TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST TO FAR EAST PORTS TO PACIFIC NORTH WEST CANADA FROM EUROPE VIA SUEZ TO EAST COAST (ALL WATER SERVICE) CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL VEGA SS AC2I KUANTAN S'PORE LOADING FOR 20/3
      1,109 words
    • Advertisement
      Page 24 Advertisements Column 3
      737 24 EVERGREEN Full Container Service EVER GROWTH EVER GRAND EVER GREET EVER GOIOEN EVER GLOBE Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) HKG KSC KLC PUS HKT OSK TYO CMS UI NYC LMV aim mm n v MM 01/03 03*3 07/03 01*3 10/03 13/03 15*8 17MB 2MB 12M ?4*l ;WW 24M £2 12*3 10/03
      737 words
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  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      974 25 x PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 •Singapore 0106. Tel: *****33 JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE SIN SBV 3RG SM 1/3 3/3 Sid 4/3 7/3 9/3 11/3 13/3 17/3 19/3 16/3 20/3 25/3 30/3 VESSEL VOV KOTA MELATI (90S QOWA 3758 KOTA MELATI 8909 KOTA
      974 words
    • Advertisement
      Page 25 Advertisements Column 2
      441 25 I If* BEN LINE CONTAINERS TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN 11/3 24/3 8/4 MAIN LINE HKG NOUMEA SUVA AKL NAP TIM MAKEOONIJA 2% 20,'3 15/4 18/4 22/4 26/4 ACRITAS 6S 8/4 2/5 6/5 9/5 U/5 T.A. VOYAGER IS 20/4 14/5 11/5 21/5 24/5 FROM
      441 words
    • Advertisement
      Page 25 Advertisements Column 3
      564 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYO P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYO EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY S. PANJANG/21WB MATARAM/23W8 ANTWERP H'BURG/ RDAM/AOAM BREMEN 10/4 14/4 29/4 1/5 I Sub|ect to Inducement Also accepting cargo to CaaaManca, Port Said, Port Alexandria,
      564 words
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      Page 25 Advertisements Column 4
      374 25 BOUSTEAD SHIPPING AGENCIES TAUNG CYEE V34IW PA AN VI3SW PINYA VIOIW PAGAN VI39W BURMA FIVE STAR SNIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok In Pt/1 Mar w vm FA (fffo 15/17 Mar BANK UNI SERVICE NORTHBOUND TO UKC SPORE ROAM HULL HMBG MORAYBANK V7N In
      374 words
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  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      917 26 Q K l INfc KAWASAKI KIShN KAISHA. LTD. EXPORT 0. FAIR Vl3/AMBASSADOR BRIDGE NEPTUNE GARNET 0. FREEDOM V24/OOCL FAIR RAINBOW BRIDGE N. AM •PK/PNG SGP VOY LB 12 20/1 VIA FEEDCR BHBKS FEEDER VESSEL ORIENTAL FAIR NEPTUNE GARNET ORIENTAL FREEDOM RAINBOW BRIDGE I. AMERICA PACIFIC SOUTH-WEST WmtKm CHICAGO NYC i
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    • Advertisement
      Page 26 Advertisements Column 2
      586 26 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCLVFCL Container* Sinjipofe P KeUng Pmn| Loadinf tor: Mother Vsl By Feeder Br Feeder KALI OAS *41 10 Mar S Mar 5 Mar Frnn/IMb/SfOn/AM TULSIDAS V4O 4 Apr Ma' Ma> Frem/Meft/Sydn/fcM KAUMS *42 4 May 2? Apr 29 Apr FremUMb/Sph, AM TULSIDAS ¥.41 21 May
      586 words
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      Page 26 Advertisements Column 3
      643 26 GOLDEN LINE GUAN GUAM SHIPPING (PTE) LTO 23 Ay«f Stft#( SINGAPOftt »tM TIL SMIW (M IINIS) Fu: VHM44 STRAITS/PERSIAN GULF SERVICE: GOLDEN WON OCR CotomDot Karachi/Outta. COL DIN HAVEN Cotomto/KaradM/Dutei CHINA SERVICE A VESSEL Humcpu/ Stianfha. Sport PKelanj Pwa«| Ml Ibr WANCJIANG TUMENGIANC Pklf Pan KANC Kt 5* 23/2 24/7
      643 words
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      Page 26 Advertisements Column 4
      417 26 CHILI OniCNT LIN(S PT( LTD Mf AO Of net 63 ROBINSON ROAO *07-12 AFRO ASIA BUII.OiNG SINGAPORE 31C5 TflfX RS ***** PHILI PA* *****7? f FAST/FAR EAST Ftt ft LCI SBWWE ETA SINGAPORE DESTINATION iSfstSBI JEDDAK (LCL) WEEKLY AOABA. HODEiDAH mm COLOMBO KARACHI. BOMBAY MADRAS. CALCUTTA NEW GENTRADC 'EAST/WEST AFWCA/MHJ.
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      594 27 EXPORT NEPTUNE < NIPIINI SOM BHO sar &5 1 M/MO ?***** —I am IMPORT HOU NYK 29/3 1/4 5/4 8/4 12/4 15/4 19/4 22/4 MOTHER VSL N. Amber 1W O. Executive 84W Y. Mam TW O Educator 6HW FEEDER VSL N. Ivory 07S N. Emerald 03S N. Ivory OSS N.
      594 words
    • Advertisement
      Page 27 Advertisements Column 2
      195 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KEIANG, PENANG. KEELUNG. BUSAN, INCHON Vessels Name ETD #DRAGNET/902N 22/0? NO 9 DONAN/902N 28/02 v GLORIA«3N 08/03 NO 8 DONAM/9Q3N 13/03 ETD BS S PORE 22/02 06 07/03 PKLG KEE BUSAN 04-0503 15 15/03 21-22/03 13-14/03 22/03 25-27/09 20-21/03 29-29/03
      195 words
    • Advertisement
      Page 27 Advertisements Column 3
      227 27 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) r COLOMBO BOMBAY MADRAS AUCKLAND WELLINGTON N. PLYMOUTH Hr.: FELIXSTOWE HAMBURG ROTTERDAM 27/2 ft 3/3 27/2 4 3/3 27/2* 3/3 KARACHI CALCUTTA CHITTAGONG T'*27/2 4 3/3 27/2 4 3/3 27/2 4 3/3 21/2 4 13/3 FREMANTLE 6/3 A 13/3 21/2 13/3 MELBOURNE
      227 words
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      Page 27 Advertisements Column 4
      859 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANC p. HUANG fSP&IZIEaSTL «3 HANOLING SYSTEM CO SON BNO Cabin: lAVAPOH PfNANG, Tel: *****4/*****8/ felei: MA
      859 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      269 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. rtl 225 6868 (34 lines) FAX *****39/*****/6 fUfX HS ***** A/B SSCMA. HS ***** A/B SSCAO DSR-LIMES L VEB OEUTFRACHT SEEREEOEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND H. CEGIELSKI 3W 24/3 WILHELM PIECK 4/891 6/4
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    • Advertisement
      Page 28 Advertisements Column 2
      75 28 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXEO OAY ARRIVAL T8 KLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. HAKUSAN II V-J ETA SIN 7/3/ M KAOHSIUNQ 4 DAY! SPORE KEELUNG ■> TOKYO "> SHIMIZU NAGOYA KOBE 4 DAYS 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS TSKLINE
      75 words
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      Page 28 Advertisements Column 3
      32 28 KOREA KIMCHEK SHIPPING COMPANY ETHIOPIA SERVICE ASSAB ■SAN Sfl j ASSAB INTERVESSEL MARITIME PTE LTD 10 ANSON ROAD #2J-02 KTf RNATIONAL PLAZA S PORE 0307 TEL: 2321(23 TLX RS 21»*2 TELEFAX: *****71
      32 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      149 28 B Regional Weather i e s 41 1? v. ft x > 3V Qj SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AM. Feb 28, 1989 •c A O" WtfxJ dfKtwn wtfh vpeed tn knots R Thunderstorm A A sj xjw# Weather Wind deection with speed >1 knots VSUsk, w —h^h.
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      997 29 sMFARGO shipping Te1:224 0122 REGULAR EXPRESS FCL& LCL SERVICE ABC CONTAINERIZE N.V. WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: TNT EXPRESS 221 ETA 31/3/89 Only 7 days to Fremantle! Only 12 days to Melbourne! Only IS days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN I Vd Antwefpen TNT Express
      997 words
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      Page 29 Advertisements Column 2
      405 29 RICHFIELD MARINE AGENCIES |S| PTE LTD TEL: *****33 (10 line*) e-*| FAX ***** 15 J TELEX RS ***** RISMIP (3 Lines) mk EimemN SHipnw iMES {Nflttoriat line of EU&pto) ACCEPTING FCL AND CONVENTIONAL PtN/PKQ ETA SPORE LOADING FOR M/V JURINA Sid OARESSALAAM MOMBASA DJIBOUTI VOY lAB ASSAB MASSAWA HOOEIOAH M/V
      405 words
    • Advertisement
      Page 29 Advertisements Column 3
      392 29 PERKINS DIRECT MARKHAM BAY V.4 MARKHAM BAY V 5 MARKHAM BAY V.I PERKINS SHIPPING PTV. LTD. Darwin, AvtlrtHi TO DARWVUPT HEDCANOVBROOME* HMvy-HK, ConWntf 4 RO/RO CfgOM ITA/CTD S PORE Z7/2B ftb ITO OARWIN S Mar ITA/ITO STORE Ufl* MV ITO DARWIN B Iter ITA/ITO S PORI M Apr ETO DARWIN
      392 words
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      Page 29 Advertisements Column 4
      254 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 f Q IRAQI LINE 1 I*6o' IQS ■S* IT I*l WEST BOUND SERVICE ETA SPORE LOADING FOR MV SINDBAD In Pt UM Qasr/Basrah/Baghdad A Other Arabian Gulf Ports THROUGH B/Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA
      254 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      437 30 Hai Sun Hup Co (Pte) Ltd rgi_ *****06 (20 Lines, TLX MS ***** RS ***** I ML INTER MARITIME SOUTHERN AFRICA SERVICE KK SPORE PK DBN CT Mt Vt3* 14/3 21/3 24/3 fC "C IML Vt4* 14/4 20/4 23/4 1/5 »/5 IM. VK* U/5 21/5 21/5 11/1 21/1 •Alio calls
      437 words
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      Page 30 Advertisements Column 2
      713 30 "SJ.CHO YANG LINE WESTB< QUEEN'S WAY BRIDGE CHOYANC PARK 1W HANJIN OAKLAND 1W CHOYANC SUCCESS 2W Also accepting for Inland UK d#»tina«ion« Antwp and Scandinavian FMG 'CO'A MMCANft G»*XCOLOMB »NJ iNAriONAi. UNI O' COcOMB EXPRESS FAR EAST/EUROPE FULLY CONTAINERISED SERVICE EABTBOUNO CHOYANC SUCCESS 01E HANJIN ROTTERDAM 01E HANJIN HASAN 47E
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      Page 30 Advertisements Column 3
      575 30 JZ L tm M m CALL US AT: P. KELANG PENANG J. BAHRU P GUOANG SINGAPORE K. LUMPUR *****53/368/111 M-*****2/4, *****3 07-*****8 07 *****3, *****5, *****0, 5133/1 02 *****22 *****68 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE OTHER DESTINATIONS: AARHUS. AMSTERDAM. ANTWERP BASLE. BREMEN. BREMERHAVEN. COPENHAGEN. HELSINKI. BUIMO. OSLO. UK. FROM EUROPE
      575 words