The Business Times, 15 March 1989

Microfilm: NL16518
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, MARCH 15, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    265 1 Dow up WALL STREET stocks were higher in early trading yesterday following news February retail sales fell by 0.4 per cent when a 0.5 per cent rise was forecast. Bonds also rose Futures traders said there also had been early programme buying. The Dow was ahead six
    265 words
  • Article, Illustration
    Regional markets advance
    220 1 SHARES PRICES on regional markets moved higher yesterday, with the local market reaching a record turnover level. In Singapore, share prices rose over a broad front with turnover hitting an all-time high of 102.79 million shares, surpassing the previous record of 85.7 million shares set in July
    220 words
  • Article
    US$ goes over 130 yen in Tokyo
    128 1 THE US DOLLAR breached the 130 Japanese yen level in Tokyo yesterday, fuelled by expectations of higher US interest rates and comments by Bundesbank president Karl Otto Poehl that West German interest rates are sufficient to control inflation. Dealers said the US unit
    128 words
  • Article, Illustration
    Lock icon NZ halts bank sale amid outcry over foreign domination
    464 1 Reuter THE NEW ZEALAND Government has halted privatisation of the country's biggest bank amid an outcry against growing foreign dominance of the banking industry. Finance Minister David Caygill said the Cabinet had decided to reject a bid for the Bank of
    Reuter  -  464 words
  • Article
    Producers fear glut in plastics raw materials
    567 1  -  Major regional projects in the pipeline By LILIAN ANG THE RUSH by countries in this region to build their own petrochemical complexes is causing concern among plastics raw materials producers in Singapore. The main worry of the three local plastics raw materials producers
    567 words
  • Article
    The what and where of regional projects
    254 1 SEVERAL major petrochemical projects are at varying stages of development in this region. In Malaysia alone, three projects are in the pipeline one in Kuantan, another in Johor, and a third with its location still to be determined. The Kuantan project is backed
    254 words
  • Article
    Banking and Finance
    119 1 A special BT supplement BUSINESS TIMES will be publishing its annual Banking and Finance Supplement on May 4, 1989. This year's supplement takes on the theme: Singapore's financial supermarket— 21 years of growth. The emergence of Singapore as a financial centre really began in 1968 when the
    119 words
  • Article
    Lock icon Promoting Asia-Pacific trade lobby
    77 1 AP AUSTRALIAN Prime Minister Bob Hawke will send his most senior diplomat to Asia next month to promote his plan for an Asia-Pacific trading lobby. Australia's Foreign Ministry said yesterday the Foreign Affairs and Trade Department Secretary, Richard Woolcott, will visit Malaysia, Singapore. Indonesia, the Philippines,
    AP  -  77 words
  • Article
    Lock icon Gas project on Indon island
    100 1 Reuter INDONESIA'S state oil company Pertamina and Exxon Corp are researching a gas development project in Natuna island, Mines and Energy Minister Ginanjar Kartasasmita said. He said the project, which Pertamina will open to any interested party, will include a plant for liquefied natural gas
    Reuter  -  100 words
  • Article, Illustration
    Dr Hu — government to continue to invest in the future
    592 1 Dr Hu government to continue to invest in the future IN JUST 38 minutes yesterday, the Minister for Finance wrapped up the two-day policy debate during which 31 Members of Parliament had their say on his Budget package for fiscal year 1989. In his typically forthright manner, Or Richard Hu
    592 words
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      124 1 \~,?|^!'&_@_|>\|&',?!,|~+&}-?_[ A 2ND CHANCE TO WIN CASH PRIZES M OUB/IBS' $1000,000 LUCKY DRAW 2nd Draw: 18 September 1989 88 cash prizes to be won Those who missed big cash prizes in the first half of OUB/IBS' $1 million lucky draw, have a 2nd chance to win cash prizes totalling $500,000.
      124 words
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      206 1 Full Roport, PAGE 16 Regional Mkts, PAGE 18 World Mkts, PAGE 19 Editorial Comment: 10 Morals and politics Inchcape 10 Sprucing up its image Taiwan's black economy 11 From massages to futures trading Thomas Cook 3 Embarking major expansion Barring of QC 3 BBC interviews BG Lee Philippine-Taiwan ties 4
      206 words
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      168 1 f\ Ct+faiy Of StaUt+M nbermain SINCE 1888 Made in WEST GERMANY mm±mi More reports, PAGE 2 I 0 *9 WHY YOU WOULD ENJOY THE PLAZA SERVICE APARTMENTS. J J* r V 4S& M* 4 At the mi>st attractive rates in town, The Plaza Service Apartments utter you all the comforts
      168 words
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  • YESTERDAY IN PARLIAMENT
    • Article, Illustration
      'We can develop more world-class companies'
      465 2 PRIVATISATION IS IT A MERE pipe dream for Singapore to have a few more Singapore Airlines (SIA)? Not if the government is prepared to take on an interventionist and entrepreneurial role, suggested Or Hong Hai (Bedok GRC). The MP believed it is time to
      465 words
    • Article
      Smaller, but more frequent pay revisions suggested
      365 2 CIVIL SERVICE INSTEAD of a substantial increase once in several years, civil service salaries should be adjusted in smaller quantums more frequently, suggested Tanglin MP Lew Syn Pau. This would ensure that civil service pay does not lag too far behind the private
      365 words
    • Article, Illustration
      Divestment brings in $1.28b
      386 2 THE DRIVE to divest and privatise wholly- and partially-owned government companies has so far added $1.28 billion to the public coffers, said Minister of State for Finance, Brigadier-Gen-eral (Res) George Yeo yesterday. Asked by Non-Constituency opposition MP Dr Lee Siew Choh for an update on the
      386 words
    • Article, Illustration
      Absolutely no question of social genetic engineering
      357 2 PROCREATION ACTING HEALTH Minister Yeo Cheow Tong yesterday dismissed non-constituency MP Lee Siew Choh's charges that the procreation and family tax incentives amounted to social genetic engineering. Tax benefits should be spread out as widely as possible, not limited to a small select
      357 words
    • Article
      Lower-income groups taken care of
      320 2 CONSUMPTION TAX MORE BABIES mean more future taxpayers to share the burden of a consumption tax, according to Kebun Baru MP Lim Boon Heng. Defending the proposal for a consumption tax against critics who argued that it would be unfair to the lower-income group, Mr
      320 words
    • Article, Illustration
      Proposal to control flow and type of investments
      263 2 ECONOMY THE FLOW AND TYPE of investments that Singapore attracts might have to be regulated to contain labour problems, said Brickworks GRC MP Chay Wai Chuen. He proposed that a board of investment be set up to control the value and labour
      263 words
    • Article
      A message for employers
      226 2 LABOUR UNIONIST MP Lim Boon Heng yesterday countered employers who griped about higher wage costs arising from the proposed Central Provident Fund rate restoration and the foreign workers' levy increase. There must be justice, said the Kebun Bahru MP, who is also deputy secre-tary-general of the
      226 words
    • Article
      Insurance plan for members
      187 2 CPF A LIFE and accident insurance scheme for CPF members was proposed yesterday under the Central Provident Fund (Amendment) Bill. Under the bill, which wilt be up for second reading in Parliament at the next available sitting, the new CPF Dependants' Protection Insurance Scheme automatically covers
      187 words
    • Article, Illustration
      'Most expensive place in the world to buy car'
      284 2 MOTORING SINGAPORE is the most expensive place in the world to buy a car, according to a piece in a recent issue of the business monthly Asian Business, brought to the House's attention yesterday by opposition MP Chiam See Tong. The
      284 words
  • Page 2 Advertisements
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      119 2 OLYMPUS MCROCASSETTE "R€COROet gmm Pearlcorder 5980 The new Pearlcorder 5930 from Olympus is the world's first microcassette recorder equipped with an Auto date/time memory. By pressing the Date button, the current time and date of the recording is automatically recorded onto the tape itself. The Date/Time function memorizes the date
      119 words
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      Page 2 Advertisements Column 2
      178 2 TTPROGRAMME FOR OFFICE WORKERS The IT Programme For Office Workers is a National Programme targetted at 200,000 office workers Its purpose is to raise the literacy level of office workers in IT concepts and its applications It is a 56hrs course which consists of 6 modules (Fundamentals of IT. Introduction
      178 words
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  • HOME NEWS
    • Article
      BG Lee confident that public will support move to bar QC Lester
      498 3  -  By MARTIN SOONG TRADE AND INDUSTRY Minister Brigadier-General (Res) Lee Hsien Loong said yesterday that he was confident public opinion would not be swayed against the governments decision last month to bar Queen's Counsel Anthony Lester from practising
      498 words
    • Article
      Dearer food brings CPI up 0.2pc
      159 3 INFLATION rose marginally last month, largely because of an increase in food prices which brought the consumer price index up by 0.2 per cent over that of January. Prices of fish, fruit and vegetables contributed to the 0.3 per cent increase in food costs,
      159 words
    • Article
      Double honours for STPB at German travel fair
      176 3 A PROMOTIONAL BROCHURE and a Peranakan-style exhibition stand put Singapore in the international eye when they snared double honours at the world s largest travel trade fair in West Germany recently. The "detailed and elaborate" promotional brochure, entitled The Singapore Book, took
      176 words
    • Article
      A closer look at conservation
      115 3 A FRENCH conservation expert, Herve Nicolas, is in town to demonstrate the different methods used in restoration work and to hold talks on the subject. Mr Nicolas, project director of the Training Centre for the Renovation of French Architectural Heritage, will work with the Construction
      115 words
    • Article, Illustration
      Tan now judicial commissioner
      169 3 THE PRESIDENT of the Industrial Arbitration Court, Tan Teow Yeow, has been appointed a judicial commissioner of the Supreme Court. In a statement released yesterday, the Prime Minister's Office said Mr Tan, 43, will serve as a JC for a period of two years from today
      169 words
    • Article
      Corrections and clarifications
      87 3 YESTERDAY'S story entitled "Move to discourage petrol buying in M'sia" said erroneously that the ad valorem tax for petrol was 40 per cent. It should have been 50 per cent. On March 10, in the story headlined "Four Seasons to build and operate hotel in Paris". we
      87 words
    • Article
      Thomas Cook starts major expansion
      442 3  -  By GENEVIEVE CUA TRAVEL SERVICES company Thomas Cook has embarked on an ambitious expansion calculated to increase its turnover in Singapore "by leaps and bounds" over the next three years. The expansion is part of a international marketing strategy in which Singapore has been identified
      442 words
    • Article
      'Advertisers must work on product power'
      426 3  -  By SANGEETA MULCHAND WITH BRAND POWER the keyword in advertising today, advertisers must do more than just create an awareness for a product among consumers. "It is not brand name awareness that rings the cash register. It is this top-of-mind linkage between a brand
      426 words
    • Article
      Four raise petrol prices
      88 3 THE PUMP PRICES of petrol and diesel went up last night at petrol stations operated by Shell, Caltex, Mobil and SPC. The oil companies offered similar prices for their petrol and diesel. Premium grade petrol, priced at 91.4 cents a litre, went up 1.4 cents to
      88 words
    • Article
      No entry to Satanic Verses
      79 3 THE GOVERNMENT has disal- lowed the import, sale and diatri- bution of the book, The Satanic Verses. j. According to a Ministry of Communication and Information press release yesterday, book importers were informed of this last month. The decision follows r a request from the
      79 words
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      340 3 i > life >: w i}< \o> t ?i I- r r- ii. V I'l R Z0) m ■m<-« n 5 r JE it 0 'k •4 jtk Hc)£ u: J -*$«M rti 14 «i r». »\i AVi. .v'--7^. «G y 2fc>v «rjS£tf* A >»; v irf i a 11.-
      340 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Taipei ties will focus on trade, says Aquino
      377 4 Manila brushes aside China's warning AFP PRESIDENT CORAZON AQUINO has brushed aside a warning from China on the Philippines' growing ties with Taiwan, saying relations between Manila and Taipei were focused on trade and investment. Chinese embassy first secretary in Manila Liu
      AFP  -  377 words
    • Article
      Capture of rebel officer bolsters business confidence in Manila
      427 4  -  By AL O LABITA Jr THE CAPTURE of a renegade military officer last Thursday, linked to coup plots to destabilise the Aquino government, has bolstered Manila s business and investment climate, industry analysts say. The fugitive soldier, Constabulary Major Reynaldo Cabauatan,
      427 words
    • Article
      Lock icon India starts up nuclear power plant
      227 4 NYT INDIA announced on Monday that a nuclear power plant not covered by international safeguards and inspections had begun functioning. "This is another milestone in our plans to harness nuclear energy for economic development and welfare of our people," K R Narayanan, the minister
      NYT  -  227 words
    • Article
      Lock icon Phnom Penh to woo investors with economic incentives
      179 4 AP PHNOM PENH will create all possible favourable conditions for foreign investors as part of its economic reforms, the regime's Prime Minister Hun Sen told the country's first national economic conference. "Economic reform is of great importance'' in Cambodia, he told the
      AP  -  179 words
    • Article
      Lock icon South Korean businessmen brace for new strike offensive
      386 4 AFP SOUTH KOREAN businessmen are bracing for a spate of violent strikes in coming months although labour analysts hope the intense unrest will be relatively brief, limiting damage to the economy. Workers and management are anticipating a tough April showdown the third
      AFP  -  386 words
    • Article
      Lock icon Kim Dae Jung's party files libel suit
      252 4 UPI THE main opposition Party for Peace and Democracy led by Kim Dae Jung has filed a libel suit against a newspaper and five journalists seeking 8.72 billion won (US$l3.Ol million) in damages, a party spokesman said yesterday. The civil suit was a
      UPI  -  252 words
    • Article
      Lock icon China 'willing and ready' to hold talks with Dalai Lama
      284 4 Reuter CHINA made a conciliatory offer to Tibet on Monday, one week after crushing anti-Chinese protests there, saying it would welcome talks with the exiled Buddhist spiritual leader, the Dalai Lama. In the regional capital. Lhasa, residents contacted by telephone
      Reuter  -  284 words
    • Article
      Lock icon China to build storage sites for radioactive waste
      143 4 AFP CHINA plans to build storage sites for radioactive waste in all regions except Hainan Island and Tibet, the New China News Agency (NCNA) said on Monday. Ten sites will be built this year in the provinces of Anhui in the east.
      AFP  -  143 words
    • Article
      Lock icon From cathedral city to weapons capital
      365 4 AFP SINCE the switch to weapons industry, the cathedral city of Adelaide is starting to make a new name for itself through its growing number of overseas defence contracts. With 27 defence-related companies operating there. South Australia's development and technology director Rod Hartley claims
      AFP  -  365 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      931 4 ARRIVALS Operator Sorvtc* Local From number tim« MAS MB625 0010 Km OAL OA471 0015 ATH S1A SQM 0115 LAX/NRT UAL UA805 0125 SFO/HKG MAS AAH627 0600 KUL SiA SQ41 0610 MAA StA SQ31 0815 CDG/ROM MAS MH440 0820 Km KAL KE624 0840 KUL MAS AAH651 0910 P€N
      931 words
  • Page 4 Advertisements
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      80 4 The Sichuan experience with the Meisan difference 1 r fi k U L >* Savour the finest Sichuan aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art of mrs) amT true enjoyment. Kg M At the Meisan. ns\ SZECHUAN RESTAURANT [distinctively Sic/iuan, instinctively Meisan
      80 words
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      Page 4 Advertisements Column 2
      42 4 The butinew pcnon'i choice every Tuesday, Thurviiv Saturday and Sunlit. Leaving Chanri Airport at 22:05 hioun and arriving at Lour B Peanon International Airport the following day. Cill tour Tmtl 4/prnr or Air ('jrudt it 7 )2t555. A BREATH OF FRESH AIR
      42 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Kremlin unveils plans for economic reforms
      417 5 AFP THE SOVIET GOVERNMENT has revealed the "general principles" of sweeping new economic reforms aimed at giving greater autonomy to individual republics and abolishing some federal bureaucracies. In a document published by the official Soviet news agency Tass on Monday the Kremlin outlined plans
      AFP  -  417 words
    • Article
      Lock icon UK seeks reciprocal investment chances
      432 5 AFP EFFORTS BY BRITAIN to convince its European Community (EC) partners to allow more Japanese investment in Europe are being hampered by the lack of reciprocal investment chances for foreigners in Japan. The British co-chairman of the bilateral consultancy group UK-Japan 2000, Lord Jenkin of
      AFP  -  432 words
    • Article
      Lock icon US needs structural change to meet Japan's challenge
      492 5 AP JAPAN'S growing economic strength has severely challenged US cultural and economic assumptions, and America should respond by structural change, not protectionism, the author of The Rise and Fall of the Great Powers said on Monday. Paul Kennedy, writer of the best-selling
      AP  -  492 words
    • Article
      Lock icon 'Japanese construction market still closed to US'
      265 5 Reuter THE US construction industry said on Monday that Japan's closed building practices were denying US firms up to US$2 billion worth of work a year on Japanese construction projects. Derish Wolff, chairman of the International Engineering and Construction Industry Council, said that
      Reuter  -  265 words
    • Article
      Lock icon EC approves landmark measures for frontier-free TV
      332 5 AFP EUROPEAN COMMUNITY (EC) officials on Tuesday approved landmark measures aimed at removing national barriers within the community to television network broadcasting, officials said in Brussels. Under the new measures, approved after a 12-hour marathon debate, a television station in any EC country
      AFP  -  332 words
    • Article
      Lock icon US, Canada move to speed up tariff cuts
      475 5 New agreement being negotiated NYT THE US and Canada, which on Jan 1 put an agreement into effect to end practically all trade barriers within 10 years, decided on Monday to negotiate a new pact to speed up some tariff cuts that
      NYT  -  475 words
    • Article
      Lock icon Traces of cyanide found in Chilean grapes
      263 5 Reuter THE UNITED STATES and Canada announced on Monday that they were holding up all shipments of fruit from Chile and calling for its withdrawal from stores because traces of cyanide had been found in Chilean grapes. The US government's Food and Drug
      Reuter  -  263 words
  • Page 5 Advertisements
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      16 5 EGGS-CUSE ME! Avoid high blood cholesterol. Don't eat more than 3-5 eggs a week. V» s
      16 words
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      Page 5 Advertisements Column 2
      177 5 When you've climbed the corporate ladder we think you should be able to enjoy the view. K--m X >*5 At The Excelsior, our newExecutive Lounge and Business Centre are yours at no extra cost. You don't have to stay on an Executive floor to use them, or pay an Executive
      177 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      47 5 mmm 1 '""A 'JJ'S/Ss Adelaide Amsterdam Athens Bohfain Bangkok Barbados Beijing Beirut Belgrade Berlin Bermuda Miami Montreal Moscow Nassau New Delhi New York Nicosia Oslo Ports Perth Rio 'Janeiro Rome Son Frls'co Son Juon Santiago Soo Poulo Seoul Stockholm Sydney Taipei Tokyo Toronto Vancouver Vienna Warsaw Washington
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    • Miscellaneous
      Page 5 Miscellaneous Column 2
      46 5 Doonesbury BEFORE I TELL MR. TRUMP YOU'RE HERE, MISS,I BETTER. SHOUJ YOU THE MASTER BATHROOM. HHTSTWr* 'A A m sgtsaßfgSii ITS OSTENTATIOUS- z<#^rr NESSIS SO EXTREME THAT MANY PEOPLE w fI&(HERCOMewm moi FITS OF THE &66LES. I V, i m ml y, !A BY GARRY TRUDEAU
      46 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1436 6 SINGAPORE: Yesterday was another lethargic day spent waiting out the UK Budget (1530GMT) and then, the Fed Tan Book survey and US January trade releases today. Range was: D-mark 1 8685/1 8643, yen 130.37/129.88. sterling 1.7133/1.7095 and 551.9410/1.9380 The dollar continued to enjoy support from interest rate differentials,
      1,436 words
    • Article
      Lock icon Simex
      430 6 Reuter EURODOLLAR futures closed higher on short covering and position adjustment in fairly moderate trading on Simex yesterday. Operators refrained from taking new positions ahead of this week's release of some key US economic data. June Eurodollar rose to 89.29 from Chicago's 89.26 and September to 89 29 from
      Reuter  -  430 words
    • Article
      Precious Metals
      350 6 HONGKONG: Gold closed slightly firmer in moderate trading on light buying from local investors yesterday. Bullion ended at U*****.00/50 an ounce against an initial U*****.30/80 and compared with Monday s New York close of US$393 00/50. On the local market, gold rose HK$B to close at HK53.672 a
      350 words
    • Article
      Comex gold/silver futures
      172 6 Gold futures on Mar 13, 1989 100 troy ounces USS per troy ounce Opon MtflU Low S*H« Mor 392.30 392.50 392.50 394.40 0.10 Apr 395. JO 397 00 394.70 396.40 -0.10 Mor km 398 80 ■0.10 399 70 401 70 399.20 401.00 0.10 Awg 405.70 406 20
      172 words
    • Article
      Government Securities Market
      116 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity U0 OfffiR HIGH LOW 3 months 8Q*****F 8.06.89 3.72 3.67 3.78 3.66 6 months BS*****N 17.08.89 3.82 3.77 3.79 3.74 1 year BY*****H 23.11.89 3.90 3.85 3.86 3.85 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      116 words
    • Article, Illustration
      World interest rates
      192 6 Indicate* th* average at the prim* lending rat** oI 12 ma|or bank* In S'por* Average of prime or equivalent lending rate on Mar 14 London '3.0% Hongkong 11-0% Now York ftongkok 12.5 Tokyo 3 375 jokorto 22.5 Zurich 6.0% Kuala Lumpur 7.0 Frankfurt* 6.0% Manila 16.0% Sydnoy
      192 words
    • Article
      Options
      833 6 CURRENCY FUTURES OPTIONS Tua*day, Mar 14, 1989 OCUTSCHEMARK (SIMEX) Apr H can* HWi LM AMI High 88 put* Lao Saa 54 55 22A 56 9 9 57 21 2 508 1138 50 III Jun M colt High I Satt Jua High 88 putt Law Sa« 51 52 53 54
      833 words
    • Article
      Money markets
      59 6 THE OVERNIGHT RATE on the Singapore money market rose by 1/4 point to close at 4-7/8 per cent yesterday. Short-term rates fell by 1/16 point each. S$ Interbank rates at the dose yesterday; OF«* MO Ow <7/1 4 3/4 1-monrti J 1/16 4 15/16 2-«on» 5 |/t J
      59 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      96 6 COM£ BACK TO TH£ CITV FOR WAN XIM &FRSSH SEAFOOD AT i!& Fortune Gate Seafood Restaurant 24, Raffles Place 81-10 Clifford Centre Prepared by HONG KONG Masterchefs. Dainty prawn dumplings... crispy yam rolls steaming hot buns... and many more of your favourite fresh seafood in authentic HONG KONG flavour. Served
      96 words
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      Page 6 Advertisements Column 2
      48 6 A P DKE IjJJ" S Mil IN A NI.( I'M >\ The China connection doing business in the Middle Kingdom A traveller's tale outlook for tourism Meet an extraordinary entrepreneur Fast woks through streets of London Working 9 to 9 Spotlight on Shangri-La, Bousteadco MARCH 1989 NOW AT NEWSSTANDS
      48 words
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  • BANKING AND FINANCE
    • Article, Illustration
      HongkongBank's net profits up 19.7pc
      577 7  -  By FOO CHOY PENG IN LINE WITH market expectations. the Hongkongßank group yesterday announced a 19.7 per cent jump in net attributable profit to HK$4.3 billion. Bank chairman William Purves said yesterday that sides a one-for-10 bonus issue, the directors would also propose a final
      577 words
    • Article
      Lock icon Oriental Bank expects M$5 million unaudited profit
      284 7 Bernama ORIENTAL BANK BHD. which has been under Bank Negara's control since Nov 28 last year, is back on the profit trail. The bank expects an unaudited profit of Mss million after provisions for calendar 1988, its chief executive Zainuddin Haji Din said
      Bernama  -  284 words
    • Article
      Media blitz to sell S'pore government securities
      308 7  -  By QUAK HIANG WHAI TEN financial institutions, including the Big Four local banks, are sponsoring a $400,000 media blitz to sell the benefits of investing in Singapore government securities. The major promotion, starting next Monday, is targeted at the retail sector, namely individuals
      308 words
    • Article
      Lock icon South Korea's financial system in need of overhaul
      435 7 Reuter SOUTH KOREA'S galloping growth may soon be hobbled by an archaic financial system that lets the government dictate who gets credit and at what price. "There is a widespread awareness of the need to overhaul the financial system in keeping with
      Reuter  -  435 words
    • Article
      Asian dollar market
      205 7 ASIAN DOLLAR deposit rates ended at their opening levels in quiet trading yesterday. U4« OfftB BIO 7 days 9 15/16 9 13/16 1 month 10 1/8 10 2 mm*tm 10 3/16 10 1/16 3 iiwjrthi 10 5/16 10 3/16 6 iiwmihi 10 5/8 10 1/2 9 montfw
      205 words
    • Article
      IMM
      296 7 MOST IMM currency futures ended moderately lower and near daily lows on Monday. After stalling inside ranges in quiet morning action, nearby contracts, which had held above key support areas, began eroding again after mid-day and hit session lows during the final hour when trade turned active. June West
      296 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      86 7 TOO MUCH WORK? NOT ENOUGH STAFF? Maintaining a lean staffing situation is vital for healthy profits in today's economic climate! Thafs when SKIILTEK can assist! With Our Experienced Temps, you'll be able to supplement your permanent staff to achieve cost control and full productivity. Professional, Technical and Office Staff Call
      86 words
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      Page 7 Advertisements Column 2
      315 7 WHEN YOU HAVE A HUGE PRINTING JOB. EPSON'S NEW DFX-5000 SPEAKS VOLUMES. P i <v I •> bp lintuna ■W Ml* Britnb |||<j j| r h < r v. I 5 riitm >V3fog| •KVWCM .T. .11l i AHHHjMHMML Epson's new DFX-5000 is unlike any other 9-pin impact dot matnx printer.
      315 words
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  • COMMODITIES
    • Article
      Lock icon Crude Oil and Products
      143 8 Telerate FUEL OIL PRICES edged up slightly yesterday in line with the overnight firmness of crude prices. In addition. traders cited few supplies of March CST--180 lots and limited cargo availabilities from the Arabian Gulf arriving into Singapore as additional factors giving support to prices. Offers
      Telerate  -  143 words
    • Article
      KL Tin
      180 8 HIGHER OFFERINGS kept prices on the Kuala Lumpur Tin Market (KLTM) down and the matal closed steady at M 524.63 a kg In qulat trading yesterday, brokers said. Thara waa good buying damand with tha Europeans returning to taka moat ol tha 95 tonnas on offer. Soma 86
      180 words
    • Article
      Rubber
      350 8 SINGAPORE: Rubber prices ended slightly higher with April 1 RSS buyer quoted at 203.50 cents a kg yesterday. Brokers said the morning market ended fractionally higher in quiet trade after hovering narrowly due to a lack fresh factors. Values picked up slightly towards the close on some speculative buying
      350 words
    • Article
      SSR and SMR
      77 8 (c*ntt/kg) APRIL 1989 MAY 1989 (currant month) (forward month) RAS NOON NOON tvy«" S«IUn Ivy an S*H*rt SSB 30 184.00 186.00N 184.00 186.00N SSI 50 183.00 I84.00N 183.00 184.00N MRELB tvy«n Sdtn tvyvn Sd«n SMt CV 393.00 294.00N 394.00 296 00" SMS I 391.00 393.00N 393.00 395.00N
      77 words
    • Article
      RAS and MRELB
      258 8 RAS prices m 8 cMHAg. FOB m bale NOON CLOSE Buyers Sellers Buyers Setters k* 1 RSS Prompt 201.50 202.50N 202.50 203.50 Int 1 RSS Apr 89 203.00 203.SON 203.50 204.00 lot 1 RSS May 203.00 204.00N 203.75 204.25 Int 2 RSS Of 197.00 199.00N 197 JO
      258 words
    • Article
      Palm Oil
      403 8 MALAYSIAN crude palm oil prices closed marginally higher on light covering and speculative buying yesterday. March south region closed M 52.50 up st M 5962 50 a tonne while central traded at M 5047.50. The refined palm oil market remained listless with seller indications holding at the morning's
      403 words
    • Article
      Produce Prices
      248 8 Chinese Product Exchange Soitors' noon doting p Mar 14 (S$/100 kg) ■ricot on Coconut oil >u«i FOB 108.00 Otd drum FOB 118.00 Now drum FOB 122.00 Copra Mimed (too**) 65.00 iiHin Poppor Muntok wMt* FOB NtW C 740.00 JO'OWOR WTITf FOB foq NLW 730.00 Sarawak ipociol block FOB
      248 words
    • Article
      Soybean
      134 8 SOYBEAN FUTURES rallied sharply late and rose to new session highs on strong demand from professionals and commission houses on the Chicago Board of Trade on Monday. "We went through some buy stops after breaking US$7.BO in old crop May and prices just soared," a trader said. Prices closed
      134 words
    • Article
      London markets
      265 8 London Commodity Exchange Buyer/Seller dosing prices on Mar 13, (£/tonne unless specified). Previous dosing prices in parenthesis. Co(lM Bosh ln-stor« London, setters option OF London Mar 1190/95 (1195/98) ttgh/Low 1198/85 May 1180/82 (1183/84) KNgh/Low 1183/68 e _i— jOtfl (1804) Cocoa Mor 828/830 (833/835) Mgh/Low 834/827 May 841/842 (852/853)
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    • Article
      Wheat
      152 8 WHEAT FUTURES jumped to fresh contract highs in new crop July though March and a new contract high was set in active May as well at the close on the Chicago Board of Trade on Monday. Earlier in the session new crop months had broken through old contract highs.
      152 words
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  • FOCUS
    • Article, Illustration
      Lock icon EFTA nations split over links with European Community
      655 9 Reuter THE FORMATION of a huge single European Community market is beginning to impose a strain on six small countries which have formed a loose alliance on the fringes of the community. The six countries are anxious not to be left out
      Reuter  -  655 words
    • Article
      Lock icon Historian gives France a 1789 it can live with
      938 9  -  By JAMES MARKAM NYT "THE FRENCH Revolution is over," Francois Furet wrote dramatically a decade ago. As France celebrates the 200 th anniversary of the event, Mr Furet might be tempted to add in 1989 that a furious historical debate about
      NYT  -  938 words
    • Article, Illustration
      Lock icon W Germany has most joint ventures in Soviet Union
      706 9 Reuter WEST GERMANY is drawing on experience gained through its close ties with East Germany to achieve a dominant position in joint ventures in the Soviet Union. One in six joint ventures between Moscow and western countries is with West German
      Reuter  -  706 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      135 9 AVANT-GARDE fn-cH.wct Training Associates ac 111 North Bridge Road #07-28 Peninsula Plaza Singapore 0617. Tel: 338 7033/338 7034 presents finance for NON FINANCIAL MANAGERS April 10-11,1989 Hilton Hotel WHY YOU SHOULD ATTEND You can be a more effective manager if you can demand the right information from the financial people
      135 words
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      Page 9 Advertisements Column 2
      282 9 AT SHERATON lITTIE THINGS MEAN A IO T AT SHERATON LITTLE THINGS MEAN A lOT-AT SHERATON Sheraton utama, In Brunei Our Staff Really push the Boat out. Last year a Stanford University Alumni group arrived in Brunei on the Society Explorer, an ocean going exploration vessel. When we heard they
      282 words
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  • PERSPECTIVE
    • Article
      Morals and politics
      511 10 THE BUSH ADMINISTRATION has moved swiftly and decisively to defuse the friction arising from the Senate's rejection of John Tower as Defence Secretary. Though the rejection has been attributed by pundits to a lack of political savvy on the part of President Bush's advisers, a point not
      511 words
    • Article, Illustration
      Sprucing up Inchcape's image
      1818 10  -  Shaking off Inchcape Bhd's longstanding reputation as a venerable but stodgy trading house is a management challenge. But chief executive David John is undaunted. A leaner Inchcape is moving forward again, reports ANDREA BORCH. ANDREA BORCH IN A DREAM David John sees a big glob of
      1,818 words
    • Article
      Adding diversity to its business
      466 10 DANIEL ONG came across an advertisement for Tabbah watches in a trade magazine. The design caught his eye and the name sounded exotic. So Mr Ong, the managing director of Moutrie Pte Ltd, wrote to the company in Geneva, Switzerland, to inquire about handling its
      466 words
    • Article
      Steering home the point on people factor
      524 10 WHEN BORNEO MOTORS was satisfied that it had the right Toyota Corona model to compete against Honda's popular Accord, the company became aggressive. During the launch of Toyota s "Corona CD" last April, Borneo's managing director Alan Tan and general sales manager Ghafoor
      524 words
    • Article
      Lock icon Taiwan's black economy: from massages to futures trading
      720 11  -  By ANDREW BROWNE Reuter AN UNDERGROUND financial empire ranging from massage parlours to illegal futures trading rooms is sucking in Taiwan's wealth and fuelling a speculative frenzy that is adding to inflation worries. Underground financiers operate in a black economy that many
      Reuter  -  720 words
    • Article, Illustration
      Lock icon S Korea: a country at war with itself
      1380 11  -  By SUSAN CHIRA NYT SOUTH KOREA is still technically at war with its northern half but even more at odds with itself. When people take to the streets to demand democracy, they also chant "Order" in the midst of demonstrations. Subordinates edge
      NYT  -  1,380 words
    • Article
      Lock icon Global agreement unlikely on high definition TV
      676 11 Global standards are being set to make marketing of many high-tech consumer items easier, but TV sets seem destined to remain hostage to national interests. Reuter HIGH DEFINITION television (HDTV) a new technology that offers dramatically sharper pictures is challenging manufacturers trying to
      Reuter  -  676 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      108 10 This announcement appears for the purposes of record only March 1989 MMEMAL HANDLING £NGIN£f?AING LTD (Incorporated in the Republic of Singapore) Invitation 6,800,000 Ordinary Shares of $0.20 each Issue Price $0.70 per Share Listing SESDAQ Managed and Underwritten by QDBSBANK ASEAN Finance Corporation Limited DBS Securities Singapore Pte Ltd Kay
      108 words
  • Page 10 Miscellaneous
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      52 11 pepjcßvz je>T/\/irtsT m Wm mm mm II in ii 85 sss NX H I ■1 ss II Ml ■I KB m i! 1 1 i ss s<* f i§ Pt n wmt m *A I «fe 8 i&S aia iSii: fx u tii < y y',s ;i MM Fighting for
      52 words
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      Page 11 Advertisements Column 2
      106 11 1 I I Authorised Dealer* Chew Cheong Watch Centre (Shaw Centrel Cortina watch Centre Pte Ltd ILucky Ptaial Deki*e lastem Watch Pte ltd ICentrepotntl Nanking Watch Dealers (Peninsula Shopping Comple«i Roy Eastern Watch lewetlery ILucky Plaial Sincere Watch Pte Ltd ILucky Ptaia Manna Squarel The Hour Glass IScotts Shopping Centrel
      106 words
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  • LEISURE
    • Article, Illustration
      Moving from horror films to farce with ease
      864 12  -  SAMUEL EE bumps into versatile Ralph Bates, once a Hammer film regular SAMUEL EE IMAGINE THE PARADOX of a bohemian who loves the family life. Imagine also a "seasonal hermit" who loves being around people both at work and away from it.
      864 words
    • Article, Illustration
      Bawdy comedy on infidelity
      423 13  -  JAYARAM MENON reviews Touch and Go at the Hilton JAYARAM MENON DON'T TRUST your man if he goes for awfully long jogs. Or your woman, for that matter. They may have other "exercises" in mind. Derek Benfield's farce on infidelity, Touch and Go, maintained the element
      423 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      201 12 Where to entertain. ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OK MAIN CXX RSES. PALM For between $26++ and $40+ S I y° u can se ect from our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose from
      201 words
    • Advertisement
      Page 12 Advertisements Column 2
      161 12 Bubbling, Simmering, Piping, Hot Steamboat Buffet AT MING PALACE 7pm 10.30pm 139 Select from: Fresh Big Sea Water Prawns Garoupa Meat Fish Balls Beef Chicken Cuttlfish Crab Liver variety of vegetables variety of nixxiles SSl5+ per adult SSlO+ per child Tj under 12 Eu A WMQ COURT HCTEI. 1 Tanglin
      161 words
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      Page 12 Advertisements Column 3
      196 12 THE OWE AND ONLY ERNIE WATTS 111 Crystal Ballroom Hyatt Regency Singapore Wednesday, 22 March 1989 Gala Concert per person (Limited premiere seats at S4onett) Concert starts promptly at 8 00 pm Thursday, 23 March 1989 Dinner Concert $75nett per person Dinner time 800 pm Concert 9.30 pm sharp Tickttt
      196 words
    • Advertisement
      Page 12 Advertisements Column 4
      125 12 >A m I m m l m ft n 1 4 ai>) i -j Help yixjrself to our 'Unlimited Servings" Lunch Menu! Ask for our spccul "Unlimited Servings" a la carte lunch menu and choose from 4H delectable favourites. There's no limit to the number ot orders you make. That's
      125 words
    • Advertisement
      Page 12 Advertisements Column 5
      177 12 Have a Greek treat. ;C ft 1 It's been called the food of the gods and no wonder! The largest buffet spread of tantalising Greek dishes. Yalantzi Dolmathes (stuffed grape vine leaves), Shish Kebab and Skembe Yahni (tripe stew) are just some of the excellent choices available. If you've never
      177 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      172 13 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. A<& Century Park Sheraton Singapore 16 Na»m HiH. Singapore 1025 Tetepfione *****22
      172 words
    • Advertisement
      Page 13 Advertisements Column 2
      49 13 'N "V", Eft V// FULLY MATU«FO QUALITY Guaranteed 432 til p FINEST 1 SCOTCH WHISKY SLENOEO BOTTLED BY t/roye ,Aa//a*Ui/ir (don. CDtj/t,Z/rri {jDttui/xjrfoti. pfrot/aru/ PRODUCT Of SCOTLANO 01 NPOT OLM AIUEO WALKER OSTmWTWS SON SHO Ml J ALAN PENCHALA. PEIILJN6 JATA MALAYSIA 1 I 1 V. THE SUPERB SCOTCH
      49 words
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      Page 13 Advertisements Column 3
      77 13 SOME THINGS NEVER CHANGE.. like romancing candle-light dinners and good old-fashioned dancing especially cha-cha tango, foxtrot samba v.attz the list noes on At tne Hearthrot) you can relive those magic moments of vesterday and < who kno'.vs 9 maybe create nev. ones IUIJI IL Happy Hours Daily from spm to
      77 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      671 13 CRYPTIC PUZZLE ACROSS 1 Oid this gang operate in Fleet St? (5) 6 Yes. she has a net (5) 9 Sort of map to study on the journey (7) 10 Best line to town (5) 11 Youngster of some prominence, unusually (5) 12 She gives dad the pip (5) 13
      671 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1417 13 TV and RADIO The England of Dickens OUR CHOICE GREAT ENGLISH WRITERS, Channel 12, 10.20pm Three giants of English literature: Chaucer, Shakespeare and Dickens, are portrayed in this series. Dickens is the focus of tonight s programme. His work exposes the injustices and extremeties of the Victorian Age, particularly evident
      1,417 words
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  • SPORTS
    • Article
      Bruckner back to defend Open title
      449 14  -  THE 29th SINGAPORE OPEN By CHARLES SAVAGE EARLY TOMORROW MORNING, about 140 golfers from 26 countries will be hunting the long, wet. wind-swept fairways of the Tanah Merah Country Club searching for that certain magic that will help them win the 29th Singapore Open.
      449 words
    • Article, Illustration
      Lock icon Cummings helps Bucks to victory over Mavericks
      369 14 BASKETBALL AP TERRY CUMMINGS scored seven points during a decisive 14-4 third-quarter run on Monday night, sending the Milwaukee Bucks to their fifth consecutive victory, 111-95 over the faltering Oallas Mavericks. Milwaukee led only 62-59 with 9:23 to play in the third period
      AP  -  369 words
    • Article
      Lock icon Issajenko claims Johnson once carried drugs to her
      390 14 ATHLETICS AP CANADA'S top female sprinter on Monday confirmed she had used steroids and said Ben Johnson once carried perfor-mance-enhancing substances to her in the Caribbean. Angella Taylor Issajenko, the first athlete to appear before the track and field hearings called by
      AP  -  390 words
    • Article
      Lock icon More spark needed for torch run
      168 14 Bernama THE TORCH RUN, the curtain raiser for the 15th SEA Games in Kuala Lumpur in August, still lacks participants since registration opened on March 1. The secretary of the Federal Territory executive committee for the torch run, Haji Makhruzi Iksan, said yesterday that
      Bernama  -  168 words
    • Article
      Lock icon Arum speaks out
      158 14 BOXING AP PROMOTER Bob Arum, angered by the World Boxing Association s methods of sanctioning title fights, said proposed congressional legislation could bar the organisation from sanctioning championship fights in the United States "As far as I'm concerned, they're just a bunch of swindlers." Arum said on
      AP  -  158 words
    • Article, Illustration
      Lock icon Noah rallies to overcome Pereira
      372 14 TENNIS AP TWELFTH-SEEDED Yannick Noah fought off four set points to rally for a 7-6 (10-8), 6-3 victory over Nicolas Pereira on Monday in the first round of the U*****,500 Newsweek Champions Cup in Indian Wells. Noah, of France, was trailing 6-3 in the tie
      AP  -  372 words
    • Article
      Lock icon Cecchini holds her own against Durie
      379 14 UPI NINTH-SEEDED Sandra Cecchini of Italy held three match points in a second-set tie-breaker on Monday to fight off unseeded Jo Durie of Great Britain, 3-6, 7-6 (7-5), 6-2 in the first round of the US$3OO,OOO Virginia Slims of Florida Tennis Tournament. Cecchini trailed
      UPI  -  379 words
    • Article, Illustration
      Lock icon Drivers rev up for Brazilian GP
      374 14 MOTOR-RACING AP TWELVE FORMULA ONE race drivers took to the track on Monday at the Rio Nelson Piquet circuit for the start of a seven-day Test session before the Brazilian Grand Prix, the season's first race. Italy's Alessandro Nannini of the Benetton team took
      AP  -  374 words
    • Article
      Lock icon NZ beats Pakistan by seven wickets
      311 14 CRICKET Reuter NEW ZEALANO beat Pakistan by seven wickets to take the oneday cricket series 3-1 at Hamilton's Seddon Park yesterday. New Zealand, led by fast bowler Oanny Morrison, virtually wrapped up the game and the series when they put Pakistan in on a
      Reuter  -  311 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      226 14 NOTICES »N THE MATTER OF THE COMPANIES ACT CAP SO AND IN THE MATTER OF UNITED REALTY DEVELOPMENT PRIVATE LIMITED (In Voluntas Liquidation) FINAL MEETING Notice is hereby given m pursuance ol Section 308 of the Companies Act Cap 50 thai the FINAL CENFHAL MEETING ol the members ol the
      226 words
    • Advertisement
      Page 14 Advertisements Column 2
      213 14 CHRISTOPHER INTERNATIONAL MERCHANDISE SINGAPORE PTE. LTD. (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Con panies Act Chapter 50 that the Final Meeting of the Company will I be held at The Liquidators Office 11 Collyer Quay #12 Of Ihe
      213 words
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      Page 14 Advertisements Column 3
      99 14 IN THE MATTER OF THE COMPANIES ACT. (CHAPTER 50) AND IN THE MATTER OF SALUTI HARDWARE ENTERPRISE PTE LTD (Incorporated in the Republic of Singapore) (In members' voluntary winding up) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act. Cap 50 that the Final Meeting of members
      99 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Will the Japanese stock market be spared this time?
      565 15 moa mm™ HOCK LOCK SIEW PEOPLE are wondering if the Japanese stock market is beginning to lose its magic just as foreign investors shook off their hesitation to enter the scene. Just weeks ago, the Nikkei was compiling consecutive records of
      HOCK LOCK SIEW  -  565 words
    • Article
      Lock icon Hagemeyer agrees to sell 70pc stake in Malaysian company
      159 15 Reuter DUTCH TRADING firm Hagemeyer NV has agreed to sell its 70 per cent stake in plastic goods and paper coating company, Hagemeyer Industries Sdn Bhd (HIL), to a Malaysian holding company for an undisclosed sum. The sale to ISI Nominees
      Reuter  -  159 words
    • Article
      Metal Containers' interim profit up 10.7 pc
      334 15  -  By JOCELYN TOH METAL CONTAINERS Ltd continued to show improved gains since its turnaround in 1986, chalking up a 10.7 per cent increase in its group interim profit after tax and minorities for the six months to December 1988 The group, which primarily
      334 words
    • Article
      COMPANY BRIEFS
      180 15 TIMES Publishing Ltd has been admitted to the official list of theSES under the first trading section of the "Industrial and Commercial" section. Trading in the 121.63 million shares of $1 each will commence on March 17, 1989 IN REPLY to a query from the KLSE. Amalgamated Properties
      180 words
    • Article, Illustration
      Goodwood Park plans apartment project
      557 15  -  By ROSIE TAN FUGITIVE TYCOON Khoo Teck Puat's residence at Scotts Road and an adjoining property are to be redeveloped into a block of luxury apartments. In its latest annual report, Khoo's flagship Goodwood Park Hotel said it had received conditional approval from the Ministry
      557 words
    • Article, Illustration
      Bilzerian reaches accord with Semi-Tech
      382 15  -  By HERMAN PHUA IN THE on-going tussle for the control of US-based SSMC Inc, American corporate raider Paul Bilzerian has suddenly switched camp. Mr Bilzerian, who is the chairman of Singer Co, has now reached an agreement with Hongkong-based Semi-Tech Microelectronics Far East Ltd to
      382 words
    • Article, Illustration
      Defence to give its response to five-day prosecution submission tomorrow
      170 15  -  Insider Trading Trid ALLAN NG THE DEFENCE in the insider trading trial of businessman Allan Ng will respond tomorrow to the prosecution's five-day submission which ended yesterday The prosecution yesterday said there was sufficient evidence to show that Ng had
      170 words
    • Article
      LATEST RESULTS
      295 15 RAHMAN HYDRAULIC Tin Bhd: Group after tax profit of M 56.96 million on turnover of $29.61 million for the 15 months ended Dec 31. 1988 This is the first set of group accounts following the acquisition of Healthcare Gloves Sdn Bhd in April 1988. Earnings per share came
      295 words
    • SES
      • Article, Illustration
        Market soars to record volume as property and hotel stocks surge
        747 16  -  by ANDREA BORCH A $63 million placement of Sembawang Shipyard shares and continued interest in hotel and property stocks sent trading volumes to record highs. After Sembawang Shipyard, the next five most active stocks and warrants done yesterday were
        747 words
      • Article
        COMPANY MEETINGS
        141 16 AVIMO SINGAPORE LIMITED: 15th AGM at Leo Room, Marina Mandarin, 6 Raffles Boulevard, Marina Square, Singapore 0103, on Monday, March 20, at noon. VAN DER HORST: 15th AGM held at 11, Padan Crescent, Singapore 0512 on Thursday, March 23, at 10 am. •AMANDA HOLDINGS BERHAD: 17th AGM at
        141 words
      • Article
        APPROVED ISSUES
        125 16 Company RIGHTS ISSUE 0 C Bank One-for-two $0 75 cm h share Ex-date: Mor 9 Books close Mor 23 George Town Three-for-two )l 00 jer shore E» dote: Mor 13 Books dose: Mor 28 Selangor Dredg One-for three $0 50 ier share Ex-dote: Mor 6 Books dose: Mor
        125 words
      • Article
        PROPOSED ISSUES
        308 16 Company RIGHTS ISSUE Ayer Hitom Tin On* lor one $110 per shor« Berjoya Corpn One-tor one $100 par per shore C 1 Holding] 27 million toon stocks in rite rotio of S3 toon stock tor every five ordinory shores held Causeway Inv Issue ol $7,252,937 nominol amount of
        308 words
      • Article
        Unit trusts
        337 16 Managers' prices fo< March 15 Singapore Unit Trust flu Commerce I OS Ml The Savings Fund 089 0.94* S'pore Prog Fund 0 41 0.46 S pore Sec Fund 068 0.73 S'pore Invest Fund 0.74 0.79 S pore Equity Fund 049 053 Asia Unit Trust Mat Invest Fund 150
        337 words
    • Article
      SES SHARE INFORMATION
      6040 16 Qr*a Qr*a 1968/89 Tel Laat Vol Day Laat Oi tola Dhr Dtv rid Net M Cap SmU High Low Cod* Company Sale MAR 14 crrooo) High Low Buyer 8 Cw P/E SECTION ONE INDUSTRIAL ft COMMERCIAL 162 95 t 1000 Acma 137 unch 103 139 135 136
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    • KLSE
      • Article, Illustration
        Higher close in quiet trade
        3430 17 THERE was a note of optimism on the Kuala Lumpur stock market yesterday as share prices staged a mild recovery to finish generally higher in quiet trading. Keen interest in selective stocks resulted in scattered double-digit gains. Dealers said the local market continued to experience
        3,430 words
    • REGIONAL MARKETS
      • Article
        Lock icon Boom on Seoul's stock market
        664 18 Brokers guess which sectors will rise fastest Reuter THE GUESSING GAME South Korea's stockbrokers play is not whether the market will go up, but which sector will rise fastest. The market index has risen steadily in the past few years, advancing even while other markets
        Reuter  -  664 words
      • Article, Illustration
        Lock icon Toyota may spread planned investments across EC states
        402 18 FT TOYOTA MOTOR, Japan s largest motor manufacturer, has hinted that the company is considering spreading its planned European investments across a number of European Community countries. Shoichiro Toyoda, president of Toyota, said the UK was "the most likely host country" for
        FT  -  402 words
      • Article
        Lock icon Dairy Farm's profits set to rise 48pc
        392 18 Reuter RAPID EXPANSION is expected to fuel Dairy Farm International Holdings Ltd's profits, while a regional tourist boom will boost Mandarin Oriental International Ltd. Hongkong analysts said. Mandarin's net profits are likely to rise between 24 and 35 per cent and Dairy Farm's
        Reuter  -  392 words
      • Article, Illustration
        Lock icon Stocks end up
        529 18 Tokyo Reuter TOKYO share prices rose to close near their highs in moderately active trade yesterday. Brokers said relative stability in the yen-dollar rate after renewed yen weakness overnight spurred buying. Prices were helped further by late futures-related buying, they noted. The key 225-share Nikkei index rose
        Reuter  -  529 words
      • Article, Illustration
        Lock icon Market crawls higher
        498 18 Australia Reuter INVESTORS honed in on selected industrial stocks as the Australian share market edged up slowly yesterday afternoon on thin volumes. By the close of floor trading, the All Ordinaries Index was just 2.9 points ahead at 1,493.8 Brokers said offshore interest and options-relat-ed trading boosted
        Reuter  -  498 words
      • Article, Illustration
        Shares rise after volatile day
        1396 18 Hongkong AS THE Hongkong market tried to reach a consensus yesterday about the state of the US economy, stocks rose, fell and rose again to end marginally higher. "The truth is the market doesn't know where things are headed and we'll see a lot of
        1,396 words
      • Article
        Lock icon Taipei: Shares tumble
        490 18 Reuter TAIWANESE share prices tumbled to a lower close yesterday as investors, tearing a sharp jump in the value of the Taiwan dollar against the US dollar. dumped export-orient-ed issues, dealers said. The weighted index dropped 72.42 points to close at 7,556.49 compared with Monday's 7,628 91
        Reuter  -  490 words
      • Article
        Lock icon Bangkok: Index up
        156 18 Reuter THE SECURITIES Exchange of Thailand Index rose 1.82 points to 438.83 yesterday on a turnover of 11.071.638 shares worth 956.17 million baht. MAN 14 BAMT +<• Ao Kham Thai 442 -6 Ayudhya Invaatmanl 36 SO unch Bangkok Agro-lnd 106 1 Bangkok Bank 275 unch Bank Of
        Reuter  -  156 words
      • Article
        Lock icon Manila: Prices dip
        87 18 Reuter MOST Philippine shares slipped in slim trade yesterday after a report that 1,918 barrels of oil were recovered at the Galoc 1A well disappointed investors. "These were initial unstable estimates but investors instinctively reacted to it." said Joseph Roxas. analyst at R Coy- iuto Securities Inc.
        Reuter  -  87 words
      • Article
        Lock icon Seoul: Market curbed
        216 18 Reuter THE SEOUL stock market took a breather yesterday from its seven-day rise as profit-taking caused a marginal decline in continued active trading, brokers said. The composite index was down 1.64 points near the close at 970.30. Turnover was a robust 477.3 billion won against the near-record
        Reuter  -  216 words
      • Article
        Lock icon New Zealand: Market rallies
        201 18 Reuter NEW ZEALAND investors yesterday shrugged off news that the government was not selling its 84 per cent stake in the Bank of New Zealand and looked ahead positively to major profit results due this week. The Barclays Index rose 9.12 points to 1,955 04. "It
        Reuter  -  201 words
      • Article
        Lock icon Bombay: Fall for second day
        168 18 Reuter BOMBAY share prices yesterday fell (or a second day after the failure by an upcountry stock broker to honour payments set off a nervous long liquidation. Brokers quoting Calcutta stock exchange sources said the broker's liabilities exceeded 20 million rupees. They remarked that there
        Reuter  -  168 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Strongest gains in over a month
        832 19 New York Reuter A FIRMER DOLLAR and some futuresrelated program buying lifted stocks to their strongest gains in over a month on Monday, analysts said. But the gains came amid light volume and caution before the slew of economic data due out later this
        Reuter  -  832 words
      • Article, Illustration
        Lock icon Equities open firm
        998 19 London Reuter LONDON EQUITIES held early gains at the official opening yesterday but overall volume was light ahead of the afternoon's budget speech by the UK Chancellor, dealers said. Pharmaceuticals group Wellcome, however, was down 13p at 464 after press reports that researchers had discovered a drug
        Reuter  -  998 words
      • Article
        Lock icon Henkel plans to buy US chemicals producer
        350 19 FT HENKEL, West Germany's fourth biggest chemicals company, has announced the proposed US$4BO million cash purchase of the industrial-materials division of Quantum Chemical, a US chemicals producer. The deal, which under US law is subject to approval by the Federal Trade Commission, would
        FT  -  350 words
      • Article
        Lock icon GE studies US$1b European plastics plant for 1990s
        389 19 FT GENERAL ELECTRIC the US company which is the world's biggest maker of specislised engineering plastics used in the automotive and electrical goods industries is considering a new European plastics plant for the 1990s involving a likely investment of more than US$l
        FT  -  389 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1645 19 Reuter FRANKFURT: West German shares ended firm yesterday, but off the day's highs after profittaking set in and stemmed the market's initially euphoric mood. The real-time 30-share DAX index peaked at 1,333.31 before closing at 1,329.50, up 15.95 points or 1.2 per cent from Monday. Dealers said
        Reuter  -  1,645 words
    • Article
      Temasek places out 15m S'wang shares
      501 20  -  Transaction reaps $62.7 million By ELAINE KOH TEMASEK HOLDINGS, the government investment arm, has placed out 15 million Sembawang Shipyard shares with two broking firms yesterday at $4.18 each, reaping $62.7 million in the transaction. This placement signals the completion of a share swap
      501 words
    • Article
      US remains opposed to proposed Soviet entry to Gatt
      256 20 THE UNITED STATES remains opposed to Soviet membership of the General Agreement on Tariffs and Trade (Gatt), a senior Bush administration official said Monday. Agriculture Secretary Clayton Yeutter said that the position of the US government is that the Soviet Union
      256 words
    • Article
      Lock icon Japan's global merchandise trade surplus up 27.5 pc
      382 20 UPI JAPAN'S global merchandise trade surplus in February increased 27.5 per cent over a year ago to U557.22 billion, marking the sixth consecutive rise, the Finance Ministry announced yesterday. The ministry said Japan s surplus with the United States gained 23.1 per
      UPI  -  382 words
    • Article
      Lock icon Chatichai on plans for north-east
      96 20 OANA-TNA THAI Prime Minister General Chatichai Choonhavan says the government wants to turn the north-east region into "the centre of Indochina" by industrialising the poverty-stricken region, and promoting tourism and trade with Laos, Vietnam and Cambodia. The English-language newspaper 'The Nation' yesterday quoted him as
      OANA-TNA  -  96 words
    • Article
      Lock icon Japanese chipmakers plan steady capital outlay
      621 20 Reuter NINE of Japan's 10 leading semiconductor makers plan spending in the sector at or above 1988/89 levels in the year to March 31, 1990, despite tapering demand growth, company officials and industry analysts said. The 10 plan total outlays of some 568 billion
      Reuter  -  621 words
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      Lock icon China 'not happy' with dissidents who make international appeals
      347 20 AP CHINA'S chief government spokesman said yesterday China is "not happy" with dissidents who make international appeals for China to carry out political reforms. State Council spokesman Yuan Mu, in a far-reaching news conference, also defended China's crackdown on separatists in
      AP  -  347 words
    • Article
      Lock icon Chatichai's China visit 'important for Cambodia'
      253 20 Reuter THAI PRIME MINISTER Chatichai Choonhaven's visit to China this week will have significant impact on the future of the Cambodian coalition fighting the Vietnamesebacked government in Phnom Penh, Asian and Western diplomats said. Gen Chatichai's four-day visit, which began yesterday, brings together leaders
      Reuter  -  253 words
    • Article
      Lock icon Vietnam devalues its currency by 28.6pc
      204 20 AFP VIETNAM has devalued the dong by 28.6 per cent from 3.500 to the US dollar to 4,500, ahead of an International Monetary Fund meeting to discuss Vietnamese foreign debt, a banking source said yesterday in Hanoi. The latest devaluation, ordered on Monday, is
      AFP  -  204 words
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      Lock icon Amnesty calls for information on fate of 400 Cambodians
      257 20 Reuter AMNESTY International appealed to the Cambodian government yesterday tor information on more than 400 people it said could either have died in jail or been unfairly imprisoned. The London-based human rights group asked Phnom Penh in a statement for information
      Reuter  -  257 words
    • Article
      Lock icon Comex gold
      88 20 Reuter COMEX GOLD futures gained briefly on early buying yesterday sparked by the dollar's tumble on the unexpected drop in US retail sales for February. The rally stalled just above Monday's highs, with market-making speculators looking for leadership from Nymex crude oil and Chicago Board of Trade grains.
      Reuter  -  88 words
    • LATE FILE
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        Lock icon Manila's debts mount: Jayme
        62 20 Reuter THE PHILIPPINES' debt arrears with its government creditors were worth US$4OO million at the end of February, Finance Secretary Vicente Jayme said yesterday. Manila has sought an early meeting of the Paris Club of 14 creditor countries so that it can reschedule about US$2.4 billion
        Reuter  -  62 words
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        Lock icon Debt plan yet to get Bush's nod
        59 20 AFP US PRESIDENT George Bush has refrained from endorsing a proposal by Treasury Secretary Nicholas Brady on reducing Third World debt. White House deputy press spokesman Roman Popadiuk said yesterday that Mr Brady's plan, which involves having the commercial banks forgive part of
        AFP  -  59 words
      • Article
        Lock icon Sihanouk fears Afghan-type strife
        61 20 UPI CAMBODIAN resistance leader Prince Sihanouk yeeterday predicted an Afghani-stan-style civil war if the current Vietnam-backed regime does not flee the occupied nation or agree to join a coalition government. He also called on Beijing to urge Soviet leader Mikhail Gorbachev, during his scheduled visit in
        UPI  -  61 words
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        Lock icon CGDK forges unity in arms
        49 20 AP AFP CAMBODIAN resistance leaders meeting in Beijing yesterday have decided to form a Superior Council for National Defence led by Prince Sihanouk to coordinate the activities of their three armies, in what is seen as a first step towards unifying their armed forces.
        AP; AFP  -  49 words
  • Page 15 Advertisements
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      119 15 Profit from the Stock Market Hear from the experts in this one-day seminar on The Outlook Strategies For The Stock Market" on Sat 25 Mar; 9 am 5.15 pm; Sheraton Towers Topics: "Stock Market Scenario 1989" by Mr Leong Ying Yong (DBS Investment Research Pte Ltd) Macro Factors Industry Corporate
      119 words
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      Page 15 Advertisements Column 2
      97 15 CURRENCY INVESTMENT AMI KK AN I XI'Kl ss HANK TEL: 321 3333 RESTAURANT Entertaining? Or just a quiet meal with friends and family? Enjoy a panoramic view of the Southern islands amidst intimate surroundings day or night. OUTSIDE CATERING: We can cater for that special office lunch/dinner or cocktails you
      97 words
  • Page 15 Miscellaneous
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      98 18 CANADA BUSINESS AND INVESTMENT SEMINAR Canada welcomes businessmen and investors and offers superb opportunities in a vigorous economy. Free trade with the U.S. opens the huge U.S. market to Canadian business. ACCESS CANADA will conduct a seminar on opportunities in Canadian business and investment at the Dynasty Hotel, Singapore, on
      98 words
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      615 19 1 9 8 8 Consolidated Financial Statements (n rr*mons at Canmdmn doMars) Consolidated Statement of Assets and Liabilities as at Oclobe« 31 1967 1966 Consolidated Statement of Income fcx (he year ended October 31 196/ 1966 (restated) Cash and deposits <Mth Bar* of Canada Depoerts w<h other banks Cheques and
      615 words
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      162 20 B^iHl Wmmm i mk Imk iifS ■hHI WHY START AT THE BOTTOM WHEN YOU CAN START AT TOE TOP. No query is too small to demand the attention of our decision makers. You can be assured of the immediate personal attention you deserve at the top. Enquire about all our
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      5 20 Ready for talks, PAGE 4
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      Page 20 Advertisements Column 3
      164 20 The sllvtr report was not ivilltbli il pfiu Bib#. QUALITY BEFORE YOUR EYES :h m It takes 1 step to put it oa But over3oosteps to make it Rodenstock is the international name for professional eye care. Our de luxe eyewear products come in the latest fashion designs and are
      164 words
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  • SHIPPING TIMES
    • Article
      NYK to construct $20m distribution centre
      445 21  -  By LINDA CHEE NIPPON Yusen Kaisha, one of Japan's shipping giants, will build a $20 million central distribution centre in Singapore by early next year. The facility will cater to selected clients, mostly Japanese manufacturers in South-east Asia, to store their finished products in
      445 words
    • Article
      Lock icon Drewry expects US oil imports to increase 24pc
      197 21 Reuter US crude oil imports are forecast to increase 24 per cent from 1987 to 1992 to 390 million tonnes. Drewry Shipping Consultants said. This is a lifeline for many tanker owners and operators seeking to escape from a market slump which
      Reuter  -  197 words
    • PORTSIDES
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        Lock icon Rise in Canadian Pacific's profits
        126 21 Reuter CANADIAN Pacific Ltd said higher profits from its forest products and hotel and real estate businesses helped to boost its 1988 net income before extraordinary items. Profits also increased at its container and bulk shipping operations and Soo Line Corp unit, Canadian Pacific said.
        Reuter  -  126 words
      • Article
        Eurotainer appoints leasing agents
        124 21 JARDINE Shipping Services has been appointed by Eurotainer, a Paris-based company, as the agent for the leasing of tank containers in Hongkong, Thailand, Malaysia and Korea. Eurotainer, the market leader in tank containers, maintains a fleet of over 150 different types of tank. These containers are
        124 words
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        Lock icon China exports seamen
        97 21 AFP CHINA is not only sending ships overseas but seamen as well, with an estimated 14,000 sailors having served on foreign vessels over the past 10 years, the official People's Daily said. The first group of 29 seamen went to work on a Japanese ship, and since
        AFP  -  97 words
      • Article
        Ship missing with 28 men
        90 21 AN inter-island container ship with 28 crew members has been missing for five days in the central Philippines, raising fears that the vessel may have sunk in rough seas, the Philippines Coast Guard and shipping officials said. Lt Francisco Mendoza, the Coast Guard spokesman, identified
        90 words
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      Regional cooperation may help fight against piracy, says NICA
      594 22  -  By AL O LABITA Jr A REGIONAL response is the most feasible solution to the problem of merchant shipping piracy within Asean, an official of the National Intelligence Coordinating Agency (NICA) said recently in Manila. Replying to a position paper by
      594 words
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      INDEX TO ADVERTISERS
      1092 22 A8 Shpg V s Ate C0M01IW n 1 Accord Shpg VI 1/2 AfS XI 1 Ahronfciol linor X 4 Alhrom IV 1 AC Tooplor XI 5 Amor icon Tp) X 4 Amo Sorvico IV 2/3 Arrow Imps a s Anon Ocoon XI 4 Assoc Comogo XI s
      1,092 words
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      Lock icon Nedlloyd calms lines in major trades
      539 23 Looking to improve efficiencies Journal of Commerce SHIPPING industry executives, concerned that Nedlloyd Lines's shipbuilding plans will worsen the overcapacity problems on the major trade routes, are fretting needlessly. said the chairman of the Royal Nedlloyd Group. The new container ships Nedlloyd is ordering
      Journal of Commerce  -  539 words
    • Article
      WEEKLY FREIGHTS
      717 23 DRY CARGO markets maintained their bullish mood over the past week on reports of Soviet chartering, and despite the small number of actual confirmed and reported fixtures. The Baltic International Freight Futures Exchange (Biffex) index closed up 94 points on the week at 1,623 points. Some traders said
      717 words
    • Article
      Indian crew still find work on foreign lines despite ban
      328 23  -  -By Shirish Nadkarni BARELY six weeks after the Indian government banned foreign shipowners from recruiting Indian seafarers. the Indian National Shipowners Association (INSA) is crying foul. INSA director B L Mehta said the ban had no effect as agents of
      328 words
    • Article
      Lock icon Stolt was to take over chemical tanker
      224 23 Reuter THE 39.723-dwt chemical tanker Maasgusar, burning off Tokyo Bay. was under contract to be sold to Stolt-Nielsen Inc, the parcel chemical tanker operator, Stolt-Nielsen Japan officials said. They said there was an explosion in an engine room of the Liberian-flag carrier early
      Reuter  -  224 words
    • Article
      SHIPPING LIST
      8910 28 AARMUB Pilar friot March IS Benavon Trtot March it<P«>. A«el MaarW Maarak Line March It E«ar Gleeful Evergreen March 17 Ming Comfort Vang Ming March It Villa da Seturne CM 0 Abatement, March 30 Noraaia Singe Noraaia Line March 20 Korrlgan ScanOutcht March 30 Lleo Ha. China Ocaan
      8,910 words
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      LONDON FREIGHTS
      952 28 THE RECENT advance in dry cargo freight rates is showing signs of slowing, brokers said. The Baltic Freight Index on Monday rose only one point to 1,624 after seeing double figure gains almost daily over the past few weeks. A rate of US$27 was reported paid for grain
      952 words
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      SHIPS IN PORT
      1208 28 AT CONVENTIONAL WHARVES Veeeel Berth Arrival Departure KEPPEL WHARVES BluaSky K20 olongt>d« 17 03,7300 Inobukwa K24C atongud* 1503/0600 KokjIoMo Ol alonghd* 1903,0600 Kolo Woruoo *32 O'OogwH 1903/1830 Mount Sobono KI4 oio«gt,d« 1503/2300 Mudonjkon K35 olongvdn 22 03/2300 Nad toiorio CW okxtgsMte 1S 03/1300 tori S<of KI9 olongude
      1,208 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      703 21 fOR OOCL Dedicated fo Qwality st'»vict! IPPING AGENCIES 200 Cantonment Road #12 OS Southpomt, S>wm 0208 Tai 2211)11 TELEX NO RS ***** TERMINAL/CFS Td *****18 220 BOOKINGS T«t *****34 235 PESAKA JARDINE SNIPPING AGENCIES SON. BNO. PORT KELANG TEL: *****18 Tatoi No MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS
      703 words
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      Page 21 Advertisements Column 2
      84 21 mm A REGIONAL response is the most feasible solution to the problem of merchant shipping pirocy within Asean, an official of the National Intelligence Coordinating Agency (NICA) said recently in Manila. P«g« II SHIPPING industry executives, concerned that Nedlloyd Lines's shipbuilding plans will worsen the overcapacity problems on the major
      84 words
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      Page 21 Advertisements Column 3
      949 21 o< Lv TIMES STP Distributors MAERSK LINE DESTINATIONS This MM Laura M Cloaing Time CY 21/3 0700 MRS CFS 20/3 2100 HRS 21/3 22/3 2M 29/3 4/4 5/4 11/4 12/4 Id/4 19/4 25/4 26/4 2/5 3/5 9/5 10/5 Thta week Laura M Cloaing Ttma CY 21/3 0700 HRS CFS 20/3
      949 words
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      539 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT PILAR BENAVON OSAKA BAY TOKYO BAY N4PPONICA TOLA OA BAY HONGKONG EXPRESS MONTE ROSA P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN 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 CALLING
      539 words
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      Page 22 Advertisements Column 2
      105 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. !EI C SAV Compjnu Sud Americana dc Vjpores S A Lm»: (11 -dn EXPRESS SERVICE TO/FROM CHILE FEEOER [S PORF IMOTHER VESSEL NK TOKO ARICA IQQ ANTOFVALP SAI VESSEL CSAV 1 11/3 VAR
      105 words
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      Page 22 Advertisements Column 3
      879 22 Kl '1 1 REGULAR INDEPENDENT FULL CONTAINER TO EUROPE NORASIA SINGA V 8902-3 11/3 19/3 20/3 14/4 17/4 19/4 NORTH SEA VWO3-3 25/3 2«/3 17/4 23/4 25/4 NORASIA AL MUNTA2AH V 8904 3 1/4 2/4 4/4 27/4 1/5 3/5 NORASIA SAMANTHA V 8905-3 14/4 15/4 17/4 13/5 17/5 19/5 Also
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      1352 23 CJ The Straits Steamship Group P&O TO^Containers CONTAINER SERVICE TO UK/CONTINENT STRAITS SHIPPING Singapore to Satah, Sarawak. Brunei Ports and Bangkok ISHIP SERVICES TO/FROM BANGKOK PtCASUS PtOGNESS VSUN 11-17 «ar 1» 20 liar PEGASUS PIONEER V23N l*-» *ar 22-23 Mat BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO SABAH.
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      Page 23 Advertisements Column 2
      532 23 EURO BOX LINE EXPRESS CONTR SVC TO CANARY ISLES, PORTUGAL, W. MED KCOTM FO. ft Ift Tl Ml KS7IUTIMS WHS *17 IMS US MUMS. IHMtt AGENTS: *!£V\fSH!P Tel: *****77 AGtNCIES PTE I. TO 1 TO USA/CANADA WEEKLY FULL CONTAINER SERVICE LINEHAUL P. HARDING Vl9 P. MADISON V 154 P. JACKSON
      532 words
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      Page 23 Advertisements Column 3
      26 23 <&. SENATOR EUROPE 1 :~7T AGENTS: *JEWSH!P TEL: *****77 USA/PANAMA VESSEL REV TMK SEN EF 111 111.94 Ef 111 =41 i j ll'li I'lf liL-l m I
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      422 24 IiXSINOSE MARITIME PTE LTD 01 ISLAMIC RCPUBLIC OF IRAN SHIPPING LINKS IRANIAN SERVICE IRAN BAYAN PJL6SI Singapore Loading for:In Port BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA VIOLET V.24 KYOWA HIBISCUS V LOAO FOR: VILA. NMA, LTK, SUVA. PAGO. APIA GUAM. SAIPAN, HRA, VILA, NMA. LTK. SVA,
      422 words
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      Page 24 Advertisements Column 2
      991 24 0 HANJIN SHIPPING CO M LTD. Fi":v '.'ON r atnkrised servi< i TO EUROPE VIA SUEZ HANJIN OAKLAND IN CHOYANC SUCCESS 2W HANJIN TONC HAE SA» HANJIN ROTTERDAM ?W TO FAR EAST PORTS Kate rota 27/3 21/3 10/4 11/4 24/4 25/4 HANJIN ROTTERDAM IE HANJIN HASAN 47E QUEEN S WAY
      991 words
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      Page 24 Advertisements Column 3
      970 24 a EVERGREEN Fuli Container Service EVER GREET EVER GOLDEN EVER GLOBE EVER GENIUS EVER GIANT Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) PKL SGP HKG KSC KLG PUS HKT OSK TV( W W W nje W w Ml w MS ra <~ UH w H lIH M >W aw W W WM UfN
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      Page 25 Advertisements Column 1
      929 25 "El PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel *****33 FAR EAST CONTAINER SERVICE ACCEPTING MURUR AN/TOM AKOMAI/HfTACHI CARGO VIA HKQ JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE SIN SBV SRQ 16/3 19/3 21/3 IV3 30/3 24/3 27/3 29/3 28/3 1/4 1/4 4/4 *14 9/4 12/4 14/4
      929 words
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      Page 25 Advertisements Column 2
      486 25 SEN LIKE CONTAINERS TASMAN ASIA SHIPPING TO NEW CALEDONIA. FIJI AND NEW ZEALAND SIN MAIN LINE (TS) HKC NOUMEA SUVA AKL NAP 1/4 E R BRUSSEL VOYSS 14.4 6.5 11/5 14/5 15/4 TA NAVIGATOR 23/4 15/5 15/5 22/5 29/4 TA NAVIGATOR VJS 5/5 l/« 4/6 7/6 FROM NEW ZEALAND MAIN
      486 words
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      Page 25 Advertisements Column 3
      585 25 If DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SANUOEAA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEHI CONTAINERSHIP SERVICES SINGAPORE tO EUROPE L. I. BONTANG/17W8 6-1/4 7/5 12/5 MATAPAM:?»B 11-14/4 11/5 16/5 PALEMBANG/12WB 3-5/5 6 6 11 6 KUTAI/16WB 15-11/5 17/6 22/6 Subject to Inducement. Also
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      Page 25 Advertisements Column 4
      447 25 BOUSTEAD I SHIPPING AGENCIES A PINYA VIOIW PAGAN VI3M HTONEYWA V24SW PA-AN Vl36* BURMA FIVE STAR SHIPPING CflßPOlUTiail (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangk I CONTAINER SERVICE vamr lIM* lk CLYDEBANK V2SN TAMATAI SAMOA Vl5 FORTHBANK V24N RDAM HULL HMB 26/4 3/5 30/4 a/5 10/6 25/4
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      895 26 Q K LlNfc KAWASAKI KISEN KAI SUA. LTD. AMERICA-ATLANTIC COAST 0. FREEOOM V24/OOCL FAIR RAINBOW BRIDGE 0 FSHIP Vl3/OOCL FREEDOM ORIENTAL FREEDOM RAINBOW BRIDGE ORIENTAL FRIENDSHIP N. AMERICA PACIFIC SOUTH-WEST FEEDER VESSEL ORIENTAL FREEDOM RAINBOW BRIDGE ORIENTAL FRIENDSHIP •PK/PNC 14/3 21/3 28/3 MOTHER VESSEL MACKINAC BRIDGE BROOKLYN BRIDGE GEORGE W
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      Page 26 Advertisements Column 2
      602 26 a a AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Sing)pore P Ketone Penang loading (or Mother VsJ By Feader By Few* In fl/15 Mir Frwn/Mdb/Sydn/AM S Apr 30 Mar X Mai Frem IUMb Sfdn Add I May 2 Mi, 7 May Ffwr MefcSrdn Add 30 May 24 May 24 May
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      Page 26 Advertisements Column 3
      505 26 GG. GOLDEN LINE GUAN GUAN SUPPING (PTC) LTD M. r*M A*«f Sift SINCAPOHf HIM rtl VMIW (Id IMWS) Fm: VJ4tto4 STRAITS/PERSIAN GULF SERVICE: GOIDCN WNOCft CotofflMKwadH/Dub* GOLOCN HAVtN Colombo KiracluDub* CHINA SERVICE A VESSEL Hujntpg Shinpu, S'pore itiv m 2V» m HIV Mar P Keiinf Penanf HULIN WANCJIANC ROMGJIANC CHINA
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      Page 26 Advertisements Column 4
      462 26 Miu onicNr uncs ou ltd HIAOOM.C! t) ROHNSON ROAO *07-12 APflO ASIA BUII.OING SINGAPORE OICS fftEX RS ***** Phil! fAX 225*«7« NEW GENTRADE 17/3 ICHITTAGONG EAST/WEST AFRICA/MB). FCi A LCL SBIVICI MOMBASA DARESSALAM ASSAB BEIRA. TAMATAVE. P. SUDAN REUNION. TANCA. P. SUEZ ABIDJAN. DOULA, DAKAR. MONROVIA. TEMA. LOME. LAGOS. COTONOU
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      839 27 NIPIIfC SON BHD NEPTUNE < EXPORT FEEDER VSL N. Ivory 09N N Emerald 06N N. Ivory lON N. Emerald 06N FEEDER VSL N Ivory 09N N. Emerald 06N N. Ivory lON N. Emerald 06N MOTHER VSL O Exporter 3E N. Amber 3E O. Executive 86R Y Maru 9E SIN MOTHER
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      471 27 HEUNG-A SHIPPING Korean Flag Vessels OC*AM SEMI-CONTAINERISED DIRECT SERVICE TO KELANG. PENANG. KEELUNG. BUSAN INCHON STRAITS/KOREA SERVICE Vessel's Name ETD BS S PORE PKLC KEE BUSAN VGLOftIA/SBN 09/03 21-22/03 19-20/03 30-30/03 02-03/04 NO I OONAM/903N 13/03 23 25/03 2fc-27/C3 04-04/04 07 09/04 ORACNET/903N 22/03 03-04/04 01-02/04 12-12/04 15-IMM NO 9
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      182 27 TeA je container line TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) b #Ut C 11/3 A 2S/3 11/3 A 25/3 15/3 4 19/3 17/3 A 21/3 17/3 21/3 lt/3 ft 21/3 11/3 t 211 PORT KELANG PENANG BANGKOK HONG KONG CHINA KAOH SIUNG KEELUNG 15/3
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      929 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P KELANG Ml MRS HAI fHONC SHIPP INC 121 fWf Penan<. Iblayv.i M/S HANOI INC SYSTEM
      929 words
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      Page 28 Advertisements Column 1
      262 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. HI 225 6868 {14 Uwi) FAX *****39/*****/6 HIIX MS ***** A/B SSCMA MS ***** A/H S-SCAU DSR-LIMES VEB DEUTFRACHT/SGEREGO6REI ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE •VIA lARN AC A. ACCEPTING CAKO FOR LIMASSOL, BEIRUT, LATTAKIA, ALEXANDRIA,
      262 words
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      25 28 T.S.K. line: weekly containerised service WITH nxeo DAY ARRIVAL HINODE KISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE SINGAPORE SHIPPING CORPN (PTE) LTD TEL: 22SMM J
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      134 28 SIGMA EXPRESS (S) PTE LTD ——> (INTERNATIONAL FREIGHT FORWARDERS) ACCEPTING CARGOES FOR: MUARA/LABUAN/KK KUCHING/SIBU BANGKOK KOBE/NAGOYA TOKYO/YOKO COLOMBO/BOMBAY BUSAN LE HAVRE/HAMBURG FELIXSTOWE/R'DAM P.KELANG/PENANG ENQUIRIES ACCEPTED FOR 16/3 20/3 17/3 23/3 16/3 18/3 18/3 25/3 18/3 25/3 18/3 23/3 16/3 23/3 20/3 27/3 18/3 23/3 19/3 22/3 OTHER DESTNS TEL: *****44
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      159 28 Regional Weather I A E8 f m. m 12 m I m i !±t£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Marc* 15, 19M R T«mp«,atu,. •<. X\ Shower Weather W#xJ cVedKxi with speed m knots Rom V-' Cloudy *v W wmdt ore indicated fey orrowt which fly with
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      517 29 Jf? FARGO SHIPPING Tel:2a4Qiaa i REGULAR EXPRESS FCL LCL SERVICE DESTINATION BANGKOK PORT KELANG (FCL) HONG KONG (FCL. LCL) KEELUNG, KAOHSIUNG MANILA JAKARTA (FCL) TOKYO, KOBE, BUSAN (FCL) KARACHI, BOMBAY. COLOMBO (FCL) ETA SINGAPORE lEEE 21/3, 28/3, 4/4, 11/4. 18/4 19/3, 26/3, 2/4 16/3, 20/3 30/3. 11/4, 27/4, 2/5 23/3.
      517 words
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      Page 29 Advertisements Column 2
      229 29 r£\ RICHFIELD MARINE AGENCIES |S) PTE LTD S3 TEL ***** )3 (10 Lir««i SI FAX ***** 1 5 TELEX AS ***** AISHIP (3 Lines) Pi '<■'fmwvwm' W ACCEPTING FCI ANO CONVENTIONAL PEN/PKO ETA SPOfIE LOADING fOR Other ports along the route workable on inducement CALCUTTA/KARACHI/CHTGONG/CBO REGULAR CONVENTIONAL LINER SERVICE i
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      Page 29 Advertisements Column 3
      754 29 COMPANIA CHILENA DE NAVEGACION INTEKOCEANICA SA (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE ARI IQUIQUE VALPARAISO STO P. S. PALIOS 0»;06 09«5 13AB CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Agent NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71, *****65 THONG LEE EXPRESS SHIPPING (S) PTE LTD
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      Page 29 Advertisements Column 4
      250 29 4> UNIPACIFICTRANsi TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 cn a n 3IJ mil ojjj I j —*1J ol_ 11 i 1 j n >y-uuJ Algerian National Line FAR EAST I MEDITERRANEAN SERVIC S PORE LOADING FOR l MV BECHAR Sid ALGIERS, ORAN, ANNABA. TUNIS KSAR CHELLALA 31/3
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      Page 30 Advertisements Column 1
      630 30 FINE-LINER SHIPPING 1 1 $M«ntori rt), 04-G2C Mir.ni Hous* oor* 020' PTE LTD TEI *****7.' (i ur«s) TLX R$ 2:641 FLINEP FAX *****56 EUROPE SERVICE (FCL LCL) nrrr r»i:r' :n.«frnriw*'.»i t.WiMiV ny:rn U,4 IS/4 23.4 at* h FAR EAST SERVICE (FCL LCL) rr»'v:. ikt: MIDDLE EAST SERVICE <FCL LCL) SfOtC
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      Page 30 Advertisements Column 2
      717 30 Zl FUll CONTAINER SERVICE Kceptirw FCI/ICI c CifriUWM.ijst Cjnjdj. HAITI. Co«U Rio. il ur|Ml to USA tMt I West COMt, Vtn*m*o. Petu. Ecuador. Colon** via RNmii. Trinidad. Barfetdot. Antigua. SI. liKia, Montstrral. Guayana via Kingston 3C21 1331 33IZ* m TTtl AUSTRALIA CONTAINER SERVICE HSSEI ZIM ttNEZIA 22/3 JIM SYDNEY 4/4
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      434 30 Everett Lines W COMPANIA PER OE VAPORES "PERUVIAN STATE LINE" LOAOINC FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL Of LADING TO FINAL DESTINATION. Pwimc* P lUiMf* Singapore ROSEEVERE TT pt/U Mar JOHNEVERETT 23/HHtr X/Slbr MURRAVEVERETT S/U Apr "EVERETT ORIENT LINE"
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      Page 31 Advertisements Column 1
      167 31 Seabrictafe MimMCMTAI I «*<! INTERCONTINENTAL LINES JEURO i I SEABRIOGE EUROPE SCANDINAVIAN SERVICES WEEKLY FCULCL GROUPAGE FROM SINGAPORE PORT KELANG PCNANG JOHORE ft bomba aßMmamaSEABfIDIGE FAR EAST. VIETNAM CHINA SERVICES I WEEKLY FCL/LCL GROUPAGE FROM PORE PORT KELANG PENANG SINGAPORE PORT KEIANG PENANG JOHORE MM. MT, HKC, IWN, HCM, CITY,
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      Page 31 Advertisements Column 2
      146 31 Consolidation Service VIETNAM SIN: 16/3 HOCHIMINH PACIFIC ISLANDS SIN: 30/3 NOUMEA/PT VILA/SUVA/PAPEETE MAURITIUS REUNION ISLANDS SIN: 22/3, 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/YAOUNDE/OUAGADOUGOU/ BANGUI/KINSHASA TTA Freight Pte Ltd Tel: *****55 TLX RS ***** INTERTEAM OUR NEXT WEEKLY LCL CONSOL TO: UK
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      Page 31 Advertisements Column 3
      568 31 TTTT 9MWMNQ A TRANSPORTATION (PTt) LTD WEEKLY LCL/FCL SERVICE ETA SINGAPORE PORT KELANG 18 MAR MANILA 17 MAR HONG KONG. ALL CHINA PORTS 18 MAR KEELUNG. KAOHSIUNG 18 MAR BUSAN 30 MAR TOKYO. KOBE 30 MAR CHITTAGONG 17 MAR OUBAI 21 MAR SYDNEY. MELBOURNE 22 MAR BRISBANE. ADELAIDE 22 MAR
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      Page 31 Advertisements Column 4
      412 31 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE AND W. MALAYSIA BULK CARGO FROM SOUTH EAST-ASIA TO TAIWAN. HONGKONG AND JAPAN GLORY SELATAN VIII VOY-96/ GENERAL SURVEY WILL BE HELD ON 15/3/89 FROM 0900 TO 1300 HRS AT
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      Page 31 Advertisements Column 5
      311 31 PTC CONTAINER LINES FCI LCI SERVICE PTC G.>C*jP c, c: J CARGO IN CONTAINER CO LTD FULLY CONTAINERISEO/RO RO VESSEL SIN AFSMANISTAN 19/3 HAIRATAN/KABUL/TOURGHUNDI h Q«n«ral Agarta POH TIONG CHOON SHIPPING (PTE) LTD T€i. *****66 PAX 225^6-4' TLX Ps 42'? < >c (CP NO: *****^*****< Port Keiang Agent SHAPADU TRANS-SYSTEM
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      505 32 Hai Sun Hup Co (Pte) I "El *****06 (20 Lines, TLX MS ***** A RS I -\NII K\ -\K L i\t K I I). SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS •Also calls E l A P.E. GENERAL AGENTS: HAI SUN HUP CO. (PTE) LTD. SINGAPORE TEL: 220*906 PORT KELANG TEL:
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      Page 32 Advertisements Column 2
      424 32 Tn nun vamp I IMC weekly express independent |jPkbHU THNU LlllC FAR EAST/EUROPE FULLY CONTAINERISED SERVICE WESTBOUND EASTBOUNO liM MONTHLY LASH LINER SERVICE TO: New York, Norfolk, Baltimore, Philadelphia Charleston, Savannah, New Orleans, Mobile Pascagoula, Houston, Galveston, Beaumont Camden. Jacksonville BELAWAN Put LANG S POKE vor CLOSING SAILING CLOSING SAILING
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      319 32 i»P\D L P.T. MASKAPAI PKLAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICf WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILANO ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE SINGAPORE W.
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      Page 32 Advertisements Column 4
      726 32 m mm CALL US AT: P KELANG PENANG J. BAHRU P GUDANG SINGAPORE K. LUMPUR JMS/53/368/U1 04-*****2/4, 62/293 0/ *****8 02-*****3, 5113/5, *****0, 5133/1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER LjjtjLjg-iwiM'' d.'i TM B BUT AUG IS B BUTANC 537 OTHER DESTINATIONS: AARHUS, AMSTERDAM, ANTWERP,
      726 words