The Business Times, 17 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 FRIDAY, MARCH 17, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    254 1 Dow up WALL STREET stocks showed moderate gains in early trading yesterday. However, investors are awaiting the producer price data today for a new inflation reading, and are cautious ahead of Triple Witching expirations, brokers said. The Dow was up five at 2326 and gainers led declining
    254 words
  • Article, Illustration
    Local rally continues in active trading
    238 1 THE SINGAPORE stockmarket continued its climb in post-crash high territory yesterday, while other regional markets except Tokyo posted gains. Share prices in Singapore closed higher after another day of very active trading. Brokers said the market opened firmer as a wave of buying interest
    238 words
  • Article
    Central banks sell US dollar
    94 1 EIGHT European central banks yesterday launched a concerted intervention during early trading in Europe to curb the new-found strength of the US dollar. West Germany's Bundesbank said it had sold dollars on the open market in a concerted move with other central banks. Dealers said
    94 words
  • Article
    Lock icon Further narrowing of US trade deficit will be modest, say economists
    622 1 Reuter UNITED STATES trade figures for January suggest that the major adjustment in America's trade imbalance has stalled and that any further improvement will be modest, economists in New York said. "It will be difficult for trade to improve
    Reuter  -  622 words
  • Article
    IGB Corp expected to bid for big say in MUI
    510 1  -  By Lee Han Shih AMIDST frantic trading in the shares of conglomerate Malayan United Industries (MUI), stock market pundits are betting that property-based IGB Corp will emerge to bid for a big say in the group headed by Tan Sri
    510 words
  • Article
    URA puts up three prime sites for sale
    582 1  -  By LEE HAN SHIH THE URBAN Redevelopment Authority (URA) will sell three prime sites in an open tender which could fetch more than $350 million. The sale of two sites in Raffles Place and one along Orchard Road was announced by URA
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  • Article, Illustration
    Lock icon Vow to increase US exports
    119 1 Reuter UNITED STATES Commerce Secretary Robert Mosbacher, saying he was encouraged by the drop in the January trade gap. vowed to press US businesses to increase exports. "The year is starting on a plus note," Mr Mosbacher said in a statement after the Commerce Department
    Reuter  -  119 words
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      Page 1 Advertisements Column 1
      89 1 -lAflf N: r rc .Nlo!<:*i C^c)miiirn Full Report, PAGE 16 Regional Mkts, PAGE 18 World Mkts, PAGE 19 IS YOUR BANK GIVING YOU THE BEST? 4.25%p.a. 12-month Time Deposit 3.75%p.a. 6, 9 month Time Deposit 4.25%p.a. 12-month Time Deposit With instant interest only at Citibank. Call 225-5225 CITIBANKO )6wlStfee/ &&e>
      89 words
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      Page 1 Advertisements Column 2
      203 1 Editorial Comment: 10 A pragmatic budget Honolulu Time-bond leases Burma 11 On the smugglers' trail M'sian north-south highway 11 Cutting time Food and beverage 2 Japan is top market Royal Trust 2 Fock Siew Tong the new MD Rola of Khmer Rouge 4 US shifts its stand Soviet agriculture 5
      203 words
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      Page 1 Advertisements Column 3
      259 1 Minolta EP49OZ with Simui-Color. Yesterday in Parliament: page 3 Dhanabalan's vision of S'pore in the 21st century Call for return of wet markets in HDB estates The HK bourse's controversial boss FRANCIS YUEN took a pay cut last year when he traded his investment banking career for the job of
      259 words
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  • HOME NEWS
    • Article
      Food and beverage: Japan is top market
      541 2  -  By WILLIAM CHIA SINGAPORE'S food and beverage exports chalked up a 16 per cent growth rate to hit $1.7 billion last year, but the most significant achievement for manufacturers was a breakthrough into the Japanese market. For this year, Tan Jin Soon, chairman
      541 words
    • Article
      UOB asked to give written assurance
      321 2 THE SINGAPORE Bank Officers' Association (SBOA) wants the United Overseas Bank (UOB) group to give a written assurance that the 10 employees who declined promotion last January would not be victimised. In the latest issue of the National Trades Union Congress' in-house publication, NTUC
      321 words
    • Article
      Chinese science and technology
      83 2 CHINA WILL BE holding an exhibition on science and technology. Starting tomorrow, the week-long China Applied Science and Technology Exhibition will feature 1,200 exhibits. The exhibition is sponsored by the China State Science and Technology Commission, the Chinese Academy of Sciences, the Singapore Chinese Chamber of
      83 words
    • Article
      Corrections and clarifications
      50 2 In BT's story yesterday headed "UK has no basis for protesting against decision: ministry,'' we quoted the Foreign Ministry referring to Queen s Counsel Anthony Lester's "standing and high reputation". That is incorrect. The statement referred to Mr Lester's "standing and high connections". BT regrets the error.
      50 words
    • Article
      Expatriate living costs up in December
      229 2 A SURVEY has found that it was more expensive for expatriates to live in Singapore last December than during the corresponding month in 1987. The latest Expatriate Consumer Price Index (ECPI) compiled by the Singapore International Chamber of Commerce shows that the index for
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    • Article
      'Pacific Rim leader needed'
      151 2 THE PACIFIC RIM countries need a leader of vision in the mould of a Monet, the father of the EC, if it is to meet the challenge of an economically strong Europe come 1992. But, says Dr Friedmann Bartu, president of the Foreign Correspondents' Association, the
      151 words
    • Article
      Educational broadcasting forum
      164 2 SINGAPORE will play host to the Fourth Symposium on Educational Broadcasting in Asia and the Pacific Region for the first time next week. The annual symposium will be held from March 21 to 23. Senior Minister of State (Education), Dr Tay Eng Soon, will deliver the opening
      164 words
    • Article, Illustration
      Fock Siew Tong to join Royal Trust
      249 2  -  By QUAK HIANG WHAI ROYAL TRUST Merchant Bank plans to beef up its private banking operations with the appointment of Fock Siew Tong as its new managing director. Mr Fock, 42, will replace Laura Hwang, who resigned as managing director last year. He
      249 words
    • Article
      MEMO PAD
      302 2 Seminars and Courses 1 C EG Cahners Tel: *****13 Exposition Tlx RS ***** Group Fax: *****66 > Mar 17 The Art of Strategic Orchard Hotel Dominion *****25 Management Conferences Publications Pte ltd Mar 20 and Human Relotions Skills SIM Management Singapore *****66 21 Techniques Hse Institute of Management
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    • Article, Illustration
      PEOPLE IN BUSINESS
      314 2 NCR Singapore's managing director. JEFFREY P MORSE, has been promoted to a position in the NCR Pacific Group. He will report to NCR Pacific Group's vice-president and will handle a number of strategic business projects. Mr Morse has been the managing director of the Singapore office since
      314 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      69 2 H\ I r* igi'O WE OFFER YOU NOTHING BUT SERVICE AND GOOD FOOD Welcome you 1 .nrsi IMtSllilVßi mmmmmrn riS9B» Thai Lunch Buffet $12.50++ Adult $7.50++ Children GARDEN ROYAL RESTAURANT (GARDEN THE ROVAL THAI SPECIALIST SiTiTih No 3 Yuan Chin 9 Road *02-01 1 Scott* Road. *05-01 Shaw Centre Singapore
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      Page 2 Advertisements Column 2
      11 2 L WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day
      11 words
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      Page 2 Advertisements Column 3
      100 2 I.ASSK S IVI-I.S IN All U\l lAHKH s| TH TROUSER S•H• O P NEW ARRIVALS OF OUTSTANDING TROUSERS SHIRTS OUR LATEST ARRIVALS WILL APPEAL TO MEN WHO CARE FOR THEIR LOOKS. IF YOU ARE A DRESS-CONSCIOUS, TREND-SETTING MAN-ABOUT-TOWN. OUR DISTINCTIVE SLIM, TRIM TROUSERS, OUR IMPORTED SHIRTS IN IMAGINATIVE STRIPES COLOURS
      100 words
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  • YESTERDAY IN PARLIAMENT
    • BRIEFS
      • Article
        No constituency, so no office
        114 3 THE NON-CONSTITUENCY MP. Or Lee Siew Choh, will not get an MP's office since he has no constituency to look after, said the National Development Minister S Dhanabalan yesterday. Dr Lee said he wrote to request a void deck MP's office after the September elections.
        114 words
      • Article
        Hello, it's flooded
        130 3 RADIO warnings of floods seem to come over when the motorist is already stuck in the middle of one, or in some cases, when the water level has already subsided, lamented Aljunied GRC's Chin Harn Tong yesterday. What motorists want are current flood warnings, not historical flood
        130 words
      • Article
        A dry 'wet' market
        97 3 WHAT'S a dry market in an HDB estate? It's "an upmarket wet market'' where, according to the National Development Minister, the atmosphere is "very local", quite different in fact from the supermarkets. The minister expressed surprise when MPs voiced their constituents' unhappiness with HDB's dry markets,
        97 words
      • Article, Illustration
        Toilets of fame
        57 3 CAN the toilets of shame of yesteryear be transformed into toilets of fame? The positive approach was suggested by the Environment Minister. Three campaigns by the Environment Ministry since 1983 had elevated the level of public awareness in proper toilet usage, he said. Another one has been
        57 words
      • Article
        Spitters be warned
        49 3 SPITTERS, beware. There are eyes a-watching your selfish, uncivic-minded misdeed. According to the Environment Minister, health inspectors are "constantly on the look-out" for those who defy Singapore's anti-litter and anti-spitting laws. According to Budget FYB9, there are 647 of them under the ministry's public health inspectorate.
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    • Article
      Coming: new health institute
      275 3 THE Health Ministry intends to build a new Institute of Health to replace the present Outram Road building, Acting Health Minister Yeo Cheow Tong said. Mr Yeo said the Health Ministry is currently seeking approval and funds to develop the new building, which will be located
      275 words
    • Article
      Vacant land in Potong Pasir
      80 3 THERE ARE no immediate plans to develop the vacant land next to the Potong Pasir Community Centre at Potong Pasir Avenue 2. In a written reply to the Potong Pasir opposition MP, Chiam See Tong, the Minister for National Development S Dhanabalan said that the
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    • Article
      We must blaze own trail
      521 3 MINISTRY OF NATIONAL DEVELOPMENT SINGAPORE, the first developed city in the equatorial belt come the 21st century. This is Mr S Dhanabalan's vision of Singapore. To realise that, Singapore would have to blaze its own trail. For while great cities exist, none are to be
      521 words
    • Article
      So what is the definition of a shop?
      171 3 SEMBAWANG Group Representation Constituency MP K Shanmugam brought up the resettlement problems of one of his constituents which seem to reinforce the stereotype image the public has about government attitudes to such matters. A Sembawang GRC constituent whose shop, along with others,
      171 words
    • Article
      Relevant bodies helping to monitor ozone issue
      213 3 MINISTRY OF ENVIRONMENT THE TRADE Development Board is looking into controlling the entry of damaging chemical substances following Singapore's accession to two international treaties to protect the earth's ozone layer. Also, the Economic Development Board, Singapore Institute of Standards and Industrial Research and
      213 words
    • Article
      Orchard Turn crossing is enough
      160 3 SHOPPERS and pedestrians will have to live without the Orchard Road traffic crossing between Lucky Plaza and Wisma Atria until a $4.2 million underpass is ready in 1990. Minister of State for Foreign Affairs and National Development Peter Sung said this in reply to Cairjihill
      160 words
    • Article
      Call for return of wet markets in HDB estates
      214 3 SEVERAL MPs yesterday called for the return of wet markets in public housing estates, saying their constituents missed and needed them. Thomson MP Leong Horn Kee said he could not see any differ* ence or advantages in the newstyle "dry" markets
      214 words
    • Article
      MPs concerned about privatisation of hawker centres
      169 3 FOOD and hawker control dominated the debate on the Environment Ministry's budget estimates yesterday. Members were concerned that privatising hawker centres would adversely affect hawkers if the operators decide to raise rentals, and that it would lead to an inflationary effect overall if
      169 words
    • Article
      Steps taken to speed up flood alleviation scheme
      203 3 PHASE lIA of the Bukit Timah Flood Alleviation Scheme, costing $240 million, is expected to be completed by next February. Environment Minister Ahmad Mattar said. In reply to Bedok QRC MP Ibrahim Othman, who wanted to know if the project could be
      203 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      77 3 Pre-flight check. Kai Tak Airport, Hong Kong. ARRIVE IN BETTER SHAPE. Because take-off is prompt and touch-down is precise. Because with a tough schedule ahead, rest assured your luggage isn't left behind. Because we have fourteen convenient flights each week direct to our home base in Hong Kong. Because only
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  • ASIA – PACIFIC
    • Article
      Lock icon US-Thai trade last year topped US$5b
      293 4 AFP TWO-WAY TRADE between the United States and Thailand topped the US$5 billion mark in 1988, said a report issued by the US Embassy in Bangkok on Wednesday. It added that Thailand emerged with a surplus of US$l.46 billion from its trade with the
      AFP  -  293 words
    • Article
      Lock icon Taiwanese Cabinet proposes record spending and deficit budget
      364 4 Reuter THE TAIWAN CABINET has submitted a record budget in both spending and deficit for the 1989/90 fiscal year to Parliament for approval. A parliamentary spokesman in Taipei said yesterday that the proposed budget, approved by the Cabinet last Friday and coming
      Reuter  -  364 words
    • Article
      Lock icon Taiwan to cut tariffs on 4,840 items
      227 4 AFP TAIWAN is to open its markets wider to imports of foreign goods next month with a proposal to cut tariffs on more than 4,800 items by an average of 24.6 per cent, a government official said on Wednesday. Customs administration director Lai
      AFP  -  227 words
    • Article
      Lock icon 900 guerillas of CPM to give up armed struggle
      229 4 UPI ABOUT 900 GUERILLAS of the Communist Party of Malaya (CPM) are ready to give up their armed struggle tor revolution after more than 40 years of fighting, a Thai general says. Deputy army commander General Wanchai Ruangtrakul said in Bangkok
      UPI  -  229 words
    • Article
      Lock icon Bank Negara urged to check further slide of ringgit
      330 4 Bernama AN INDEPENDENT think tank, the Malaysian Institute for Economic Research, has said it is now time for Bank Negara to arrest the further depreciation of the ringgit by seeking to narrow interest rate differentials. The institute, in its Malaysian Economic
      Bernama  -  330 words
    • Article, Illustration
      Lock icon US shifts stand on role of Khmer Rouge in govt
      565 4 Agencies AMERICAN Secretary of State James Baker, in a shift in US policy, says the United States is prepared to accept the Khmer Rouge as part of a Cambodian government after the withdrawal of Vietnamese troops. In testimony on Wednesday
      Agencies  -  565 words
    • Article
      Lock icon Canberra's current account deficit narrows
      370 4 AFP AUSTRALIA'S current account deficit narrowed to A 51.16 billion last month, the Bureau of Statistics in Canberra said yesterday. This compared with a revised figure of A 51.64 billion in January and A 51.05 billion in February last year. Australia now has a cumulative
      AFP  -  370 words
    • Article
      Lock icon New air terminal for Manila
      104 4 AFP THE PHILIPPINE government will begin building a new airport terminal this year for the exclusive use of Philippine Airlines, the country's flag carrier, an official said on Wednesday. Manila International Airport manager Eduardo Carrascoso said the 400 million peso (US$l5.7 million) project will be
      AFP  -  104 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      99 4 Nowhere else in Singapore can you buy a 2-litre car which gives you so many features and such good looks at such a competitive price. Add to this Holden's rugged strength, built for the harsh conditions of the Australian outback and rigorously crashtested for your protection and security, and you
      99 words
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      Page 4 Advertisements Column 2
      447 4 The World Health Organization (WHO) is an inter-governmental agency internationally recognized for its efficiency, integrity and numerous lasting achievements, including the eradication of smallpox. Guided by humanitarian concerns, WHO works to direct and coordinate global and national efforts to improve the health of people in more than 160 member countries
      447 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      65 4 Doonesbury AND UP THERE, I MAW ABOUT 506REEKG0PS! ANPA BUNCH OF SWANS! IN THBMmiJmW OKAY, I THINK J FINALLY GET IT, MR. TRUMP! YOU'RE LOOKING FOR NEO-CLASSICAL KITSCH, A KINPOF GRANP COMMENT ON BAP TASTE! WHAT A a m SSSw if r BY GARRY TRUDEAU HA, HA.. HEH... ORGOOP TASTE!
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    • Miscellaneous
      Page 4 Miscellaneous Column 2
      234 4 mm® lrMax/ Not* Mln (°C) 20/14 Cloudy 09/06 Cloudy 15/07 Cleor 24/18 Cloudy 33/25 Clear 29/21 Cloudy 16/06 Cleor 15/08 Showtn 12/02 Cloudy 11/05 Cloudy 20/16 Clear 12/07 Showers 27/25 Roln 14/04 Rain 11 /-I Clear 26/17 Clear 21/08 Cleor -4/-11 Cloudy 20/12 Fhw 28/18 Cloudy 17/00 Cloudy 08/04 Roln
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    968 5 ARRIVALS Operator S*rf\cm Local From number ttnw SU SQ43 0850 DHA MAS MH37A 0900 KUL MAS MH65I 0910 PEN MAS MH630 0920 KUL SU SO 103 0950 KUL CJX CX710 1000 CGK QFA Of6 2 1035 BOM swt SRI 66 1040 ZRH/BKK GU GA960 1100 CGK SU
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  • REST OF THE WORLD
    • Article
      Lock icon Chilean minister seeks quick end to fruit scare
      156 5 UPI CHILEAN Foreign Minister Hernan Felipe Errazuriz has asked for a speedy end to the poison scare that has cut off fruit exports to the US, and there were suggestions of sending US inspectors to Chile. Stores in Canada and the US
      UPI  -  156 words
    • Article
      Lock icon Gorbachev calls for agricultural reforms
      313 5 Reuter SOVIET LEADER Mikhail Gorbachev has called for sweeping agricultural reforms to end food shortages, eliminate red tape and modernise backward rural areas. In a 90-minute speech to the Communist Party's Central Committee, he demanded swift action to end huge grain imports and growing public
      Reuter  -  313 words
    • Article
      Lock icon Efta seeks stronger institutional links with EC
      270 5 AFP THE HEAOS of government of the six member countries of the European Free Trade Association (Efta) agreed on Wednesday to strengthen cooperation with the 12-member European Community (EC) through establishment of joint administrative and deci-sion-making bodies. In a joint declaration after a
      AFP  -  270 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      208 5 Th® business person's choice every Tuesday, I I J M 117 Thursday, Saturday and Sunday. Leaving Changi II I I II 111 I Airport at 22:0$ hours and arriving at Lester B. I M I MI I m Pearson International Airport the following day. Call your Travel Agent or Air
      208 words
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      Page 5 Advertisements Column 2
      193 5 EH K I i,m MEPSBir' a V Yt t y s t m > BANG OUIFSEN INVITE YOU TO EXPERIENCE VARIATIONS ON PERFECTION Bong Olufsen hove outdone themselves ogoin in their 1989 audio ond video ronge. Marvels of simplicity, they deliver sounds of stunning clarity ond pictures of utter reolism.
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1245 6 SINGAPORE: THE U559.49 billion US January trade deficit proved neutral. On the other hand, the Fed's Tan Book report pointing to cost and price pressures provided the impetus for the US dollar to rise in New York on Wednesday. Asian trading had been cautiously bullish. With the US
      1,245 words
    • Article
      Simex
      453 6 EURODOLLAR futures closed lower on late profittaking and position adjustments in fairly moderate trading yesterday. Dealers said a narrower US January trade deficit gave some support to the market initially but operators later became cautious over interest rate direction. June Eurodollar fell to 89.34 from Chicago's 89.35 and September
      453 words
    • Article
      Asian $ market
      276 6 Asian market ASIAN DOLLAR deposit rates ended at their opening levels in quiet trade yesterday. Dealers said operators are awaiting today's release of February s US producer price index. The market expects a rise ot around 0.4 per cent after a one per cent increase in January. Short-dates weakened 1/16
      276 words
    • Article
      Money markets
      55 6 THE OVERNIGHT RATE on the Singapore money market rose by 1/4 point to close at 5 per cent yesterday. Short-term rates remained unchanged S$ Interbank rates at the close yesterda Off* KO Ovw J 4 7/9 l-m«A S 1/16 4 IS/M Jnof* 5 5 ]«omt S 3/16 s
      55 words
    • Article
      Government Securities Market
      109 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BIO OFFER UGH LOW 3 months 6Q*****W 15.06.89 3.73 3.68 375 372 6 months BS*****N 17.08.89 3.85 3.80 1 y*ar BY*****H 23.11.89 3.94 3.89 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate WD
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    • Article
      Options
      1150 6 CURRENCY FUTURES OPTIONS Thursday, Mor 16, 1989 DEUTSCHE MARK (SIMEX) Apr M cad* High Low 54 55 t6A 54 5A 57 Saa 14 4 2 Apr Mtg* 57 124 8S put* Low 56A 123A Saa 56 123 Jim M call* High Low 51 52 53 54 Saa Jun High
      1,150 words
    • Article
      IMM
      203 6 MOST IMM currency futures finished sharply lower but above session lows on Wednesday. The decline accelerated after the Federal Reserve's Tan Book of economic activity said the US economy is growing at a moderately strong rate, paced by strength in consumer spending and manufacturing. The report, prepared before March
      203 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      151 6 THE ART OF PATEK PHILIPPE ji mof P -£> il' s>^m A w C?eR For sale by auction: The ultimate watch It ranks among the great human exploits of this century. The Patelc Philippe Calibre 89 —the most complicated mechanical natch ever made —took nine years to build. The ultimate
      151 words
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  • BANKING AND FINANCE
    • Article
      Citibank outlines future strategies
      393 7  -  Plan to raise consumer banking profit By HONG LEE THIAM CITIBANK, which netted an af-ter-tax profit of US$72 million through the proviaion of conaumer banking servicea in 11 Aaia-Pacific countries laat year, aima to increaae the figure to US$l9O million by 1993. Part of the bank
      393 words
    • Article
      Call for tax incentives to help Asian leasing industry grow
      390 7 A LACK of tax incentives and ignorance on the part of governments and the general public are two major problems facing leasing companies operating in the Asian region, said the chairman of the Asian Leasing Association, Charitha P De Silva,
      390 words
    • Article
      Computers played central role in retail banking
      363 7 INFORMATION TECHNOLOGY spurred changes in retail banking in Malaysia. Thailand and Indonesia during the last 10 to 15 years, delegates to the First International Retail Banking and Financial Services Conference were told yesterday. In Thailand, although the phenomenal growth during the last decade
      363 words
    • Article
      Seminar to focus on venture capital
      126 7 CONTINENTAL BANK NA and the Economic Development Board are jointly organising a seminar on "South-east Asian investors and the internationalisation of venture capital" next Thursday. A statement from the bank said the aim of this half-day seminar is to provide current information on the
      126 words
    • Article
      Comex gold/silver futures
      190 7 Gold futures on Mar 15, 1989 100 tray ouncas USS par troy ounce Opofi H*h IM Ma Mar 393 30 393.30 391 JO 392.10 -4.10 A«* 397.00 397.80 393.00 ***** -4.30 May 396.20 -4J0 Jun ***** 402.10 397JO 396-50 -4.30 Aug 407.40 407.40 403-70 404.00 -4.40 Oct
      190 words
    • Article, Illustration
      World interest rates
      174 7 ttM prime l»wdh|*rii!i of 12 major banks In t'por* Interbank market rates (offer/bid) on Mar 16 us$ DM SWFC Y«n 7 doyt 15/16 13/16 12 IS/I* 13/1* J 7/1 5 3/4 5-47/1 4 1/4 4 l/t 1 ntffc 10 >/• 10 13 12 7/« 6 1/0 6
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    • Article
      Precious Metals
      442 7 HONGKONG: Gold closed slightly easier in moderate trading yesterday on selling from Japanese investors for most of the day. Dealers said there was light support in the local market after the release of US January trade data. Dealers expected gold to trade narrowly at around US$39O an ounce
      442 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      103 7 /L* Siew Lay firmly believes in keeping up with the times. It's change, she says, that keeps her young. A feeling we are in full concurrence with. Hence our complete refurbishment of the Marco Polo Singapore. A change we feel sure youll find for the better. Of course some things,
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  • COMMODITIES
    • Article
      KL Tin
      177 8 RENEWED DEMAND enabled the Kuala Lumpur Tin Market (KLTM) price to recover 13 cents to M 524.43 a kg, traders said. "As expected, the market rebounded after a brief correction on Wedneeday," one trader said. Europeans and locals were the main buyers of the 60-tonne turnover, against Wedneeday's
      177 words
    • Article
      Palm Oil
      441 8 MALAYSIAN crude palm oil prices recovered from the day's lows to close steady on light covering and speculative buying yesterday, prompted by a rebound in palm oil futures. Trading was cautious in the absence of fresh news and due to poor overseas demand. March south region closed unchanged
      441 words
    • Article
      RAS and MRELB
      260 8 RAS prices In S c*nt»/hg, FOB In bele. NOON CLOSE Buyers Sellers Buyers S*ll*rs Int 1 RSS Prompt 209.00 210.00N 207.50 208.50 kit 1 RSS Apr 89 210.00 211.00N 208.00 209.00 Int 1 RSS May 209.00 210.00N 207.00 208.00 Int 2 RSS OP 202.50 204.50N 201.00 203.00N
      260 words
    • Article
      SSR and SMR
      80 8 (canti/kg) APRIL 1989 MAY 1989 (currant month) (forward month) RAS NOON NOON 8uy«r> S*ll*rs Bwy*r> S»U*n SSB 30 188 00 190.00N 188.00 190.00N SSB 30 184 00 188.00N 186.00 188.00N MRELB bytn S*H*n kuyen Sdct SMR CV 393.30 295.SON 293.50 397.50N SMB L 393.00 294.00N 394.00 296.00N
      80 words
    • Article
      Rubber
      210 8 SINGAPORE: Rubber prices ended slightly lower with April 1 RSS buyer quoted at 208.00 cents a kg yesterday, down one cent from Wednesday's close. Values drifted slightly lower in thin afternoon trade on long liquidation following falls in Japanese rubber prices. On the TSR-20 Award market, prices eased slightly
      210 words
    • Article
      Soybean & Wheat
      132 8 Soybean Wheat CHICAGO BOARD of trade soybean futures closed mixed on Wednesday with losses in old crop months and slight firmness in new crop. Prices turned mixed from mid-day weakness on late, mainly local house short-covering in new crop, traders said Prices ended off 2-1/2 to up two cents a
      132 words
    • Article
      Lock icon Crude Oil and Products
      153 8 Telerate FUEL OIL PRICES drifted higher in the Singapore market on bullish market sentiment yesterday. Fundamentals were seen as relatively unchanged but sellers were using the stronger Simex HSFO prices as an ex- cuse to ask firmer prices. Buyers, however, were reluctant to up their indications
      Telerate  -  153 words
    • Article
      London markets
      259 8 London Commodity Exchange Buyer/Seller dosing prices on Mar 15, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Palm oil M'tion crud* CIF UK/Rottardam unq M'sion/Sumatron crud« OF UK/Rottardam Apr/Moy 405tlr M'tion RBD FOB Mar 367.5pd 3-month* Ton*. Laad Coth 3-moo#* t <-/-» SoiM. 338/340 (336/338) 348/349 (346/348)
      259 words
    • Article
      Produce Prices
      240 8 Chinese Produce Exchange 110 FOB NSW 1074.00 A-l Sopor 243 Sollort' noon dosing pricvi on Mor 16 (S$/100 kg) BWP FOB NSW Gambler 909.00 A-1 Spodol C-1 SpodoJ C-1 Ord 24! unq unq Coconut oil Bu* FOB Old drum FOB Now drum FOB Copra 108.00 118.00 122.00 FOB
      240 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      422 8 If you want to change your work habits, we suggest you face our panel. ■rwm: -mgRmSM V r s M < LQ-255D Complex and tiresome simultaneous multi-button commands are a thing of the past. Our LQ-2550, a 24-pin impact dot-matrix printer holds all the control you need for a crisp,
      422 words
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      Page 8 Advertisements Column 2
      6 8 See Page 7 for Precious Metals
      6 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      123 9 I can't do without either. When I needed a new car, my shopping list was very short. In the end, I bought a Mitsubishi Galant. Well, it is the only executive car with everything I needed. Plus a car phone as standard. For bookings from today, the car phone comes
      123 words
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  • PERSPECTIVE
    • Article
      A pragmatic budget
      479 10 IT SAYS a lot of British Chancellor Nigel Lawson's budget that it did not hog the front pages of most popular newspapers. Prominence instead went to a massive pay rise for Prince Andrew and his wife. What was it that made a Conservative Member of Parliament describe
      479 words
    • Article, Illustration
      Lock icon Honolulu's time-bomb leases
      893 10  -  Hawaii operates under a leasehold system similar to that in Britain, with the land under buildings not necessarily owned by people who own the buildings. Tens of thousands of apartments were sold, many to retirees from the mainland who say they failed to notice the "surrender clause"
      NYT  -  893 words
    • Article, Illustration
      Yuen: the Boss of HK bourse
      2260 10  -  Last year, Francis Yuen was persuaded by Hongkong's government to leave his high-flying career as an investment banker to take over the helm of the colony's troubled stock exchange. It's his job to push through a set of controversial reforms ordered to repair the
      2,260 words
    • Article
      Lock icon A new breed of entrepreneurs in Vietnam
      652 11 Reuter NEAR THE comparative luxury of the Elegant Fragrance perfume company's headquarters, Le Minh squats patiently by the roadside laboriously forcing scavenged ink into used ballpoint pens. Le Minh, a tiny 71-year-old whose glasses are held together by tape, has one thing in
      Reuter  -  652 words
    • Article, Illustration
      Lock icon On the smugglers' trail in Burma
      779 11  -  By MICHAEL ADLER AFP A REBEL FLAG flies above a jungle village of houses on stilts, terraces with flowerpots, a Buddhist monastery built of redwood, and volleyball courts. The bucolic setting is Tawng Oak, the last stop on a smuggling route cutting through reb-el-held
      AFP  -  779 words
    • Article
      Lock icon M'sian north-south highway: cutting time
      576 11 Bernama WHEN THE north-south highway is ready in about six years, motorists may leave Pulau Pinang after breakfast, have coffee in Kuala Lumpur and reach Singapore in time for lunch. This will become reality if work on the M 53.4 billion highway linking Bukit Kayu
      Bernama  -  576 words
    • Article, Illustration
      Lock icon Akihito may play a wider diplomatic role
      796 11  -  By GRAHAM EARNSHAW Reuter JAPAN'S imperial family, long hidden behind a 'Chrysanthemum Curtain', may be about to emerge as international ambassadors modelled on the jet-set-ting British royals. That's certainly what the Foreign Ministry wants and the new Emperor Akihito, too, senior officials say.
      Reuter  -  796 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      89 10 AiilJliil ASSOCIATION MALAYSIA, JOHOR BRANCH Om Day Seminar CONTEMPORARY ISSUES ON REAL PROPERTY DEVELOPMENT IN JOHOR To be held at Holiday Inn, Johor Baru on 24 March 1989 at 9:00 am 4:30 pm. Participation fee: M 595.00 per person (inclusive of lunch coffee breaks) Please contact Tel: 07-*****0 Ms. Teng
      89 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      47 10 o.vie's GotvJe oor or P*LPVCK,PILES'— ivje GORGEOUS m v LEAVING me pniss PReTTV OF <Lee>JPiPHON6 T P|C < UP PioCES.. me e>V u»th npißv F\GLANCe 11 not P\S p\ 1 Moui'S YOUR FfYTHeR rsiußse Give rne sorneTHiNJG FoR Arv .ROWING WepyßT lITn/ o CVENiNO STANOAftO CO. LTD.. IHJ-1I
      47 words
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      54 11 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 daily in the cosy ambience of the Fortune Gate Seafood Restaurant. Dally From 3pm-6pm Chinese High
      54 words
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  • LEISURE
    • Article, Illustration
      Lock icon Naples fights to protect its pizza
      695 12 FOOD Reuter WHAT'S a simple cook to do when the Queen of Italy bids him feed everyone at the palace? Faced with that problem exactly 100 years ago, Raffaele Esposito of Naples came up with a now iegendary recipe for pizza in the colours
      Reuter  -  695 words
    • SHORT TAKES
      • Article
        Lock icon Too much art may hurt you
        194 13 Agencies SUDDEN OVER-EXPOSURE to Florence's art treasures can put tourists in hospital with temporary deafness, blurred vision, anxiety attacks or heart flutter, medical experts reported on Wednesday. Their findings were the result of the first scientific investigation into "Stendhal's Syndrome", named after the 19th-century
        Agencies  -  194 words
    • Article
      Lock icon Old remedies still the best way to treat colds
      531 13 HEALTH UPI AS SCIENTISTS INCH towards finding a cure for the common cold, millions of people continue to face the misery of sniffling, sneezing and coughing their way through their latest bout with the age-old nemesis. The cold remains the most
      UPI  -  531 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      360 12 Where to entertain. ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE OF MAIN (XX 'RSLS. m For between $26++ and $40+ you can select from our appetiser v jKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish
      360 words
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      Page 12 Advertisements Column 2
      161 12 Bubbling, Simmering, Piping, Hot Steamboat Buffet AT MING PALACE 7pm 10.30pm Select from: Fresh Big Sea Water Prawns Garoupa Meat Fish Balls Beef Chicken Cuttlfish Crab Liver variety of vegetables varietv of noodles 1 SSl5+ per adult Sslo+ per child under 12 vears. i LasJ A niMO CuOKT hCTEL 1
      161 words
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      Page 12 Advertisements Column 3
      167 12 ERNIE WATTS 7 Wednesday. 22 March 1989 Gala Concert S3snctl per person. (Limited premiere seats at $4<>nett) Concert starts promptly at 8.00 pm Thursday. 23 March 1989 Dinner Concert $75nett per person Dinner time :800 pm Conceit 9.30 pm sharp Tickrtt auatlabU at Lobby DtsJt from II noon to 6pm
      167 words
    • Advertisement
      Page 12 Advertisements Column 4
      258 12 Exquisite Thai-Oriental Cuisine at its best i —i I CHMtSt StAKXX) KSMUMOTI r Beef on Hot Plate Seafood Combination Crabmeat Pancake Fashion Shows on Tuesdays Fridays at 1.15pm Plaza Hotel ttMGA'O M »o®d Svtgtport 0719 y/// 42 24-hr Coffee \House/ (Level 5) Where the service is good, the ambience great,
      258 words
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      Page 12 Advertisements Column 5
      201 12 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 tried Greek cuisine, this is an experience
      201 words
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      Page 13 Advertisements Column 1
      243 13 übertua (Hfttll Ist a »v»"- So much to choose for only $21.50 A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection ...superb pastries, truffles, tortes cheese board, fresh fruit freshly brewed coffee All for $21.50 And for $27.50 you can add a roast
      243 words
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      Page 13 Advertisements Column 2
      53 13 >: 4 V. i I z z t V/, a FUUV VATIIRFO QUALITY GUARANTEED 43% vol I 2 FINEST SCOTCH WHISKY BLENDED A BOTTLED BV Wroyr C£a//a*ilint 6r c4ott. l£u/u/ed (/)/j////rvj —GDi/mAor/oft. pfcot/aru/ PRODUCT OE SCOTLAND 01 MPOT 01 fH *U«0 NAU(R DiS'AWJTORS SON l»0 SO JAUN KNCHAIA «lAIJI6. JATA
      53 words
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      Page 13 Advertisements Column 3
      76 13 SOME THINGS NEVER CHANGE.. like romancing candle-light dinners and good old-fashioned dancing especially cha-cha. tango foxtrot, samba.waltz. the list goes on At the Hearthrob. you can relive those magic moments of yesterday and (who knows?) maybe create new ones Happy Hours Daily from spm to Bpm Buy one loose drink
      76 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      685 13 CRYPTIC PUZZLE ACROSS 4 Fighting soldiers taken in by a girl (6) 7 Battle station (8) 8 You can count on it (6) 10 Big as Yarmouth, say (5) 13 One of those travelling slippers (4) 14 Mugs to pass round (4) 15 The state a hut may be in
      685 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1256 13 TV and RADIO Anwar Ibrahim on Islam OUR CHOICE FRIDAY BACKGROUND, Channel 5, 7.50pm Interesting insights into the future ot Islam in Malaysis in an interview with Anwar Ibrahim who will prohably be at the helm ot Malaysian politics. Also featured is the new Centre for Assisted Reproduction (CARE) at
      1,256 words
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  • SPORTS
    • Article, Illustration
      Pfister sets record
      488 14  -  SINGAPORE OPEN By CHARLES SAVAGE NEW YORKER Edward Pfister set a new course record of 65 with a breath-taking seven birdies and no blemishes to take the lead in the U*****,000 Singapore Open at Tanah Merah yesterday. After play, he said he had shot below 65s in
      488 words
    • Article
      Lock icon Graf demolishes Sloane
      183 14 TENNIS AP STEFFI GRAF, the world's topranked woman player, whipped Susan Sloane, 6-0, 6-1, on Wednesday night to reach the quarter-finals of the US$3OO,OOO Virginia Slims of Florida. Graf won the first nine games and breezed through the thirdround match in 53 minutes. The victory gave the
      AP  -  183 words
    • Article, Illustration
      Lock icon Agassi beats Rennsburg
      272 14 UPI THIRO-SEEDED Andre Agassi, admittedly bothered by an article about him in "Sports Illustrated", overcame a slow start to dispose of unseeded Christo van Rennsburg in three sets on Wednesday in the second round of the U*****,500 Newsweek Champions Cup in Indian Wells. In the day's other
      UPI  -  272 words
    • Article, Illustration
      Lock icon Starling-Breland fight a genuine grudge match
      395 14 BOXING Reuter THERE IS ALREADY little love lost between welterweights Marlon Starling and Mark Breland, but throw in Starling's bitterness against the World Boxing Association (WBA) and their bout next month can legitimately be called a grudge fight. Starling. 30. has made no secret
      Reuter  -  395 words
    • Article
      Lock icon A fresh start
      330 14 CYCLING AP CYCLING LAUNCHES the World Cup this year, hoping the novelty will be able to offset the scandals that marred last season's two blue-ribbon events. Tomorrow, the world's top riders start in the Milan-San Remo Classic, a step into the unknown despite its long tradition. In
      AP  -  330 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      321 14 COME TO THE SINGAPORE OPEN... BUY AT TH E SINGAPORE OPEN BVIR. PRGR yMXJdvt w t 12. fh i •V r-> mm 1 V •7/ yXJCJUiAt V V 3 fci week, the Singapore Open week, commencing on Monday, March 13 and ending on Sunday, March 19,1989. After Sunday, only those
      321 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Spurt in property stocks — a case of over-rating?
      538 15 Spurt in property stocks a case of over-rating? tcmoq mm™ HOCK LOCK SIEW NEWS last Friday of the proposed sale of the Standard Chartered Bank Building at about $1,500 psf was all the stock market needed to push the prices of property stocks even higher. Investors and speculators alike jumped
      HOCK LOCK SIEW  -  538 words
    • Article, Illustration
      Drastic error in copying Australian laws, says defence
      282 15  -  Trading Trial ALLAN NG THE DEFENCE in the insidertrading trial of businessman Allan Ng yesterday told the court that the Singapore Parliament made a "patently drastic error" when it copied the insider trading provisions in the Australian Securities Industry Act. Queen's Counsel
      282 words
    • Article
      Lock icon CIC approves MRCB's composite share schemes
      165 15 Bernama PROPERTY GROUP Malaysian Resources Corporation Bhd (MRCB) said yesterday the Capital Issues Committee (CIC) has approved its proposed composite schemes of arrangement whereby its shares will be consolidated into Msl each instead of 50 cents. In a statement to the Kuala Lumpur Stock
      Bernama  -  165 words
    • Article
      GE Life's distributable earnings rise 22pc to a record of $19.7 m
      313 15  -  By AMY BALAN THE GREAT Eastern Life Assurance Co. which celebrated its 80th year in business last year, has turned in another record year in distributable earnings. Surplus attributable to shareholders rose to $19.7 million for the year
      313 words
    • Article
      BATS posts first profit rise in four years
      380 15 ALTHOUGH British-American Tobacco Co (S) Ltd reversed its declining cigarette market share last year, it believes that it would be unwise to predict profit for the current year. In BATS's latest annual report for the year ended Dec 31. 1988, group chairman
      380 words
    • Article
      National Iron reveals extent of stake in high-tech venture
      339 15 NATIONAL Iron Steel Mills Ltd (NISM) has clarified that it had invested $4.30 million for a 49 per cent stake in Techna Telesis International Pte Ltd (TTI), a joint-venture with American partner Chris Knudsen, Replying to a query from the Stock
      339 words
    • Article
      Lock icon Sime unit to buy packaging plant from Insas for M$4.5m
      93 15 Reuter SIME PACKAGING (M) Sdn Bhd, a subsidiary of Malaysia s multinational Sime Darby Bhd, has entered into an agreement to buy a packaging plant from Insas Bhd for Ms 4 5 million, a company statement said yesterday. The purchase
      Reuter  -  93 words
    • Article
      Promet yard secures jobs worth $17m
      379 15  -  Unit's first building contracts in many years By ELAINE KOH PROMET BHD's subsidiary. Pro* met Pte Ltd, is getting back on track with the clinching of two contracts to build two supply boats and a dredger totalling $17 million. These are the first building
      379 words
    • Article
      Tonhow's after-tax profit down 12pc to $560,000 for 15-month period
      349 15 SESDAQ-listed Tonhow Industries Ltd has suffered a 12 per cent drop in profit after tax but before extraordinary items to $560,000 for the 15-month period ending December 1968. The local precision plastic component manufacturer, which changed its financial year-end to
      349 words
    • SES
      • Article, Illustration
        Market chalks up another post-Crash high in active trading
        805 16  -  By ANDREA BORCH THE LOCAL MARKET continued its move into post-Crash-high territory yesterday, adding a few more points to its recent gains in very active trading. Trading in Malayan United Industries was suspended after 7.08 million shares changed hands amid talk
        805 words
      • Article
        COMPANY MEETINGS
        117 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 OER HORST: 15th AGM held at 11. Padan Crescent, Singapore 0512 on Thursday, March 23, at 10 am. SAMANDA HOLDINGS BERHAD: 17th AGM at
        117 words
      • Article
        Unit trusts
        334 16 Managers' prices for March 17 Singapore Unit Trust The Commerce 106 1.12 The Sav<ngs Fund 090 0 95* S'pore Prog Fund 0.41 0.45 S'pore S«c Fund 069 0.74 S'pore Invest Fund 0.74 0.79 S'pore Equity Fund 050 054 Asia Unit Trust Mol Invest Fund 151 1*1 Mai Prog
        334 words
      • Article
        APPROVED ISSUES
        165 16 Company RIGHTS ISSUE D C Bank One (Of two $0 75 p er shore E> date: Mar 9 Books clot* Mar 23 George Town Three-for-two )l 00 per shore Ei da<« Mar 13 Books dot*: Mar 28 Inno-Pocific Three for two $1 30 per shore with $3 nominal
        165 words
      • Article
        PROPOSED ISSUES
        301 16 Company RIGHTS ISSUE Ayer Hi torn Tin One-for 0<W Q fl 10 per store Beriayo Corpn One-lor on* $1 00 por per store C 1 Holding} 27 million loon stocks in the rotto of $3 loon stock tor •very live o'dinory stores held Couseway Inv Issue of $7,252,937
        301 words
    • Article
      SES SHARE INFORMATION
      5974 16 1968/89 Hlflh Low Tel Cod* Company Laat Sale MAR It orVol (000) Day Laat Quota Hlflh Low Buyer Seller Gr's Dlv Dlv C'vr Qr's Y'M Nat P/E M Cap Smll SECTION ONE INDUSTRIAL ft COMMERCIAL 162 85 260 167 135 460 238 350 132 167 177 297
      5,974 words
    • KLSE
      • Article, Illustration
        Lock icon Selling trims early KL gains
        3471 17 MBT THE Kuala Lumpur stock market finished mixed to easier yesterday as selling checked early gains, causing share prices to yield to profit-taking in moderately active trading Gains were mostly hefty while losses were marginal. One dealer noted that property stocks continued to garner strength
        MBT  -  3,471 words
    • REGIONAL MARKETS
      • Article
        Lock icon Recruit share scandal harms NTT's image
        587 18 Reuter NIPPON Telegraph and Telephone (NTT), Japan's mammoth telephone company. is getting some unpleasant calls itself these days. Irate investors, who thought they couldn't lose when they bought NTT shares, have been ringing to complain about the slump in the firm's stock I price
        Reuter  -  587 words
      • Article
        Lock icon Dairy Farm sales hit HK$17b
        183 18 Reuter SALES BY Dairy Farm International Holdings Ltd surged last year to hit a record HK517.58 billion for the year, chairman Simon Keswick said in a statement yesterday. "I am pleased to report that Dairy Farm's retailing, manufacturing and trading operations in Hongkong. Australia and
        Reuter  -  183 words
      • Article
        Lock icon Second Aussie hotel for ANA
        86 18 Reuter ALL NIPPON Airways Co Ltd is planning to open its second Australian hotel in Sydney in 1992, an ANA spokesman has said. Japan's second biggest airline plans to set up a joint venture to build the hotel, capitalised at about Aslso million. It expects
        Reuter  -  86 words
      • Article, Illustration
        Shares finish sharply higher
        1373 18 Hongkong HONGKONG stocks closed sharply higher yesterday after a day of active turnover. The strong performance followed a rally on Wall Street and good local corporate results, brokers said. In the buoyant mood, gains were seen across the board. Within minutes of the opening, the Hang
        1,373 words
      • Article
        Lock icon Seoul: Record high
        192 18 Reuter SEOUL stock prices nudged up in late trading yesterday to close at a record high after falling marginally on profit-taking during the day. brokers said. The composite index closed at 986.09. 0.09 point above a previous record set on Wednesday. Turnover was heavy at 625 billion
        Reuter  -  192 words
      • Article
        Lock icon Bombay: Dull trading
        178 18 Reuter BOMBAY share prices closed mixed in dull trading yesterday after sharply higher contango (carry-forward) charges fixed on a regional stock exchange undermined sentiment, brokers said. They said contango charges were fixed at 54 per cent on the Calcutta stock exchange rather than the normal 24 per
        Reuter  -  178 words
      • Article
        Lock icon Bangkok: Index up
        163 18 Reuter THE SECURITIES Exchange of Thailand Index rose 5.23 points to 444.02 yesterday on a turnover of 12,023,401 shares worth 1,***** million baht. MAN 11 »AMT 1Ao Kham Thai 434 unch Ayudhya Invaatmant 38 75 1 75 Bangkok Aground 110 10 Bangkok Bank 277 unch Bank Of
        Reuter  -  163 words
      • Article
        Lock icon Taipei: Steep fall
        507 18 Reuter THE TAIWANESE stock index yesterday recorded its steepest fall this year as investors dumped stocks across the board following local news reports that the Central Bank will again tighten credit, dealers said. The weighted index slipped 258.53 points, or 3.4 per cent, to finish at 7,219.25
        Reuter  -  507 words
      • Article
        Lock icon Manila: Prices ease further
        103 18 Reuter PHILIPPINE SHARES eased further yesterday but the early week profittaking on the Galoc 1A well's oil stocks eased amid fresh positioning in selected mining and commercial blue chips, brokers said. "The attitude in the market was. let's wait for the next drilling, meanwhile let's look
        Reuter  -  103 words
      • Article, Illustration
        Lock icon Stocks close mixed
        555 18 Tokyo Reuter TOKYO share prices retreated from early highs to end mixed on short-term profit-taking yesterday after the key Nikkei index put on over 500 points in strong buying surges in the morning and on Wednesday, brokers said. Turnover was active compared to recent levels. The 225-share
        Reuter  -  555 words
      • Article, Illustration
        Lock icon Market trims gains
        514 18 Australia Reuter THE AUSTRALIAN share market eased back yesterday afternoon after earlier staging a modest rally on the improved balance of payments figures for February. By the close of floor trading, the All Ordinaries Index was 6.5 points up at 1.497.6. Brokers said a spate of buying
        Reuter  -  514 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Trade deficit fall boosts market
        821 19 New York Reuter AN IMPROVEMENT in the January US trade balance helped lift Wall Street to a higher close on Wednesday, but investors' enthusiasm was tempered by caution ahead of the February producer price index. Bonds slipped after the Federal Reserve said the economy showed
        Reuter  -  821 words
      • Article, Illustration
        Lock icon Equities open firm
        1001 19 London Reuter LONDON EQUITIES continued their early rise yesterday at the official opening on the back of an unexpected surge on Wall Street on Wednesday, a strong dollar and soaring crude oil prices, dealers said. Oil majors led the way up with nearly six million BP part-paid
        Reuter  -  1,001 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1402 19 Reuter FRANKFURT: West German shares closed mostly lower in moderate trade yesterday, in what dealers described as a technical reaction to recent gains. The dollar s strong overnight rise had cast a shadow over early trade, fanning latent tears about higher rates. The dollar stayed firm despite
        Reuter  -  1,402 words
      • Article
        Lock icon Glaxo sees plenty of life after Zantac
        784 19 Profit not expected to dip when patent expires in 2001 Reuter PHARMACEUTICALS COMPANY Glaxo Holdings pic does not expect any dip in profit growth when its record-breaking antiulcer drug Zantac goes offpatent at the end of the century. "No, we do not expect
        Reuter  -  784 words
      • Article
        Lock icon 'Coca-Cola shares are undervalued compared to strong growth prospects'
        579 19 Reuter WARREN BUFFETT's purchase of a stake in Coca-Cola Co is a signal to Wall Street investors that the soft drink company's stock is undervalued compared to its strong growth prospects, analysts say. On Wednesday. Coca-Cola said Mr Buffett, chairman of
        Reuter  -  579 words
      • Article, Illustration
        Lock icon De Benedetti group eyes Greece and Turkey
        357 19 Reuter ITALIAN TYCOON Carlo De Benedetti. who has aggressively expanded his empire in France, Spain and Portugal in the past two years, is now hunting for business opportunities in Greece and Turkey. De Benedetti executives said the group is also eyeing Eastern Europe,
        Reuter  -  357 words
      • Article
        Lock icon Court reserves judgment on Shamrock-Polaroid case
        102 19 Reuter US DISTRICT court judge Caleb Wright has said he reserved judgment on Shamrock Holdings Inc's motion to block Polaroid Corps proposed stock buyback. Shamrock, which has offered US$45 a share or U552.95 billion for Polaroid, said Polaroid filed misleading disclosure information for its
        Reuter  -  102 words
    • Article
      SIA annual report among world's best
      685 20  -  Ranked 21 st in survey of 200 from 26 countries By ALVIN TAY SINGAPORE AIRLINES, which won the best annual report award among companies listed on the local stock exchange, has been ranked 21st In an international survey of published accounts conducted by Londonbased
      685 words
    • Article
      Lock icon Normalisation of Sino-lndonesian ties under way: Li Peng
      216 20 AFP CHINESE Prime Minister Li Peng said in Beijing on Wednesday that the process of normalising Sino-lndonesian relations is underway, the New China News Agency (NCNA) reported. Mr Li was quoted as saying at a dinner he hosted in honour of visiting
      AFP  -  216 words
    • Article
      Lock icon KL think-tank supports idea of having Asia-Pacific forum
      222 20 Bernama AN ASIA-PACIFIC ministerial conference is being proposed by Australia and Japan to discuss ways to enhance economic regional cooperation against the backdrop of what Australia described as serious cracks emerging in the international trading system. Malaysia and Singapore, in particular, have
      Bernama  -  222 words
    • Article
      Lock icon Ex-governor tipped to be US envoy to Singapore
      188 20 AP US PRESIDENT George Bush will nominate former Indiana governor Robert D Orr to be the next US ambassador to Singapore, an administration official has said in Washington. The official announcement is likely to come after the government of Singapore formally responds
      AP  -  188 words
    • Article
      Offshore power station: two more contracts signed
      336 20  -  By WALTON MORAIS CONTRACTS worth $579.56 million have so far been awarded by the Public Utilities Board for the second stage development of Singapore's first offshore power station. With the signing yesterday of two major contracts for the supply, installation and commissioning of
      336 words
    • Article
      Lock icon Malaysia to give incentives for investors to site regional HQs in the country
      467 20 Bernama MALAYSIA'S Trade and Industry Ministry will soon announce incentives for foreign investors to site their regional headquarters in the country, said its minister, Oatin Paduka Rafidah Aziz. She stressed that the incentives are being offered by
      Bernama  -  467 words
    • Article
      Lock icon Comex gold
      86 20 Reuter COMEX GOLD futures lost ground early yesterday on follow-through selling from Wednesday. In choppy trading, April gold recovered to U*****.90 an ounce, with a net loss of US$O.9O after setting a low of U*****.50. Analysts said the market was depressed by commission house selling spilling over from
      Reuter  -  86 words
    • Article
      HK's jobless rate hits record low of 1.3pc
      546 20  -  By FOO CHOY PENG BUSINESS groups pressing the government to open the doors wider to foreign workers yesterday found another set of statistics to back their case. Figures released yesterday by the Hongkong Census and Statistics Department show that the unemployment rate
      546 words
    • Article
      SCCCI chief suggests more broad-based help for SMEs
      347 20 ALTHOUGH observations made by Mr Philip Yeo on small and medium-sized enterprises (SMEs) are "encouraging" and "correct", two business leaders say there are still areas that can be improved. On Wednesday, the Economic Development Board chairman drew attention to the wide range
      347 words
    • Article
      Lock icon KL approves Johor port expansion project
      174 20 Bernama THE Malaysian government has approved the Johor Port Authority's third phase expansion project costing Msloo million. Transport Minister Datuk Or Ling Liong Sik said yesterday. He said the project was aimed at overcoming congestion and was also in line with the government's policy
      Bernama  -  174 words
    • LATE FILE
      • Article
        Lock icon Seoul to increase aid to Asia's poor
        68 20 AFP SEOUL plans to step up aid to poor Asian countries and is ready to take greater responsibility in managing the world economy, South Korean Finance Ministry directorgeneral Shim Hyung-Sup told the Asian Development Bank. He also told a closed meeting in Manila
        AFP  -  68 words
      • Article
        Lock icon MAS considers suing Boeing
        72 20 Reuter MALAYSIA Airlines may sue Boeing Co for late delivery of two Boeing 747-400 aircraft, but the final decision rested with the government, an MAS official said in Kuala Lumpur yesterday. The two planes costing more than US$BOO million originally to be delivered in March and
        Reuter  -  72 words
      • Article
        KL will invite Britain to summit
        103 20 MALAYSIA will invito Britain to attend the Commonwealth Heads of Governments Meeting (Chogm) in October even though that country was harbouring Salman Rushdie. Deputy Foreign Minister Datuk Or Abdullah Fadzil Che Wan said yesterday. Malaysia could not stop Britain from attending the meeting solely
        103 words
      • Article
        Lock icon Bomb scare at EC HQ over Rushdie
        83 20 Reuter THE EUROPEAN Community briefly evacuated its headquarters in Brussels yesterday after an anonymous telephone caller claimed he and accomplices had planted a powerful bomb on behalf of Iranian spiritual leader Ayatollah Ruhollah Khomeini to protest EC action against Iran over the Salman
        Reuter  -  83 words
      • Article
        Lock icon Saudi, Iran in patch-up moves
        64 20 Reuter MUSLIM rivals Iran and Saudi Arabia may resume diplomatic relations before the Muslim fasting month of Ramadan starts in three weeks' time as a result of Pakistani Foreign Minister Yaqub Khan agreeing to act as a go-between during a visit to Iran before this
        Reuter  -  64 words
      • Article
        Lock icon 'China may not match pullout'
        53 20 Reuter CHINA yesterday welcomed a Soviet decision to begin withdrawing three full army divisions, two air force units and unspecified units from Mongolia in May, but diplomats said Peking was unlikely to match the pullout. The Soviet troops were sent in 1966 amid a bitter
        Reuter  -  53 words
  • Page 15 Advertisements
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      10 15 Clambo hat been held over due to preaaure on apace
      10 words
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      Page 15 Advertisements Column 2
      422 15 CURRENCY INVESTMENT AMI Kl( AN I XI'RI Ss IVWK TEL: 321 3333 The Great Eastern Life Assurance Company Limited (Incorporated in Singapore) The Directors are pleased to announce the following The Company Incr 1988 1987 (Peer) SOOO $000 °0 1988 $000 The Group 1987 (Peer) $000 1. AUDITED RESULTS FOR
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      691 18 the companies act CHAPTER 50 SECTION 290 (2) (b) NOTICE OF RESOLUTION HITACHI ZOSEN TANK SYSTEM (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Hitachi Zosen Tank System (Singapore) Pte Ltd held on the 10th day of March 1989, the following resolutions were duly passed:
      691 words
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      Page 18 Advertisements Column 2
      1091 18 FUNG LI INVESTMENT PTE LTD (In Members Voluntary Wlnding-Up) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of Fung Li Investment Pie Lid, duly convened and held at 36 Robinson Road. #05-01 Crty House, Singapore 0106, on Bth March 1969 the following resolutions were duly passed as SPECIAL
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      Page 18 Advertisements Column 3
      493 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JARDINE OFFSHORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the abovenamed
      493 words
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      Page 18 Advertisements Column 4
      9 18 Managers must manage. BT shows you how every Monday
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      233 19 CHALLENGING CAREERS IN MANAGEMENT CONSULTING Kitft Salmon Aseorletee. worldwide management consulting firm, has gained Its reputation by hiring and challenging top quality people. KSA offers more than a career. The firm provides a professional way of life which encourages individual growth. KSA consultants are among the best. In addition to
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      154 20 Let's enjoy the BUSINESS LUNCH" on board the "EQUATOR DREAM" which starts cruising from Gifford Pier at 12 noon sharp, and comes back by 2pm. t YYou can enjoy-tfie fantastic "buffet luncheon seeing the Singapore skyline and y the Islands. a WO f- mV 4TOR N 533-2733 24 Raffles Place
      154 words
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      Page 20 Advertisements Column 2
      135 20 Tha silver report was not available at preae-Mme M. At Chicago, the fishermen have hauled their nets with this season's catch of Salmon, Garoupa, Lobsters, King Prawns and Scallops. Only the freshest and the best with our very own tantalising Cnefs creations of Fresh Seafood Terrine, New England Seafood Chowder,
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  • SHIPPING TIMES
    • Article, Illustration
      Sarawak ports offer wharves to timber carriers
      459 21  -  By G DURAIRAJ THE TWO principal ports in Sarawak are encouraging timber traders in the state to use local port facilities to export their cargo rather than loading the vessels in the anchorages. Both Kuching Port and Bintulu Port have offered the use
      459 words
    • Article
      Successful bidder for NZ Shipping Corp to be announced soon
      406 21  -  By JOHN SPIERS ANNOUNCEMENT of the successful bidder for the New Zealand Shipping Corporation is expected soon following agreement with maritime unions to reinstate NZ crews at international manning levels. P O has withdrawn as a bidder for the corporation,
      406 words
    • Article
      Lock icon Ship management industry likely to see more growth
      185 21 Reuter ALL economic indicators point towards expansion in the ship management industry, a conference organised by Lloyds of London Press heard. In-house management of ships is increasingly giving way to independent control of crewing, chartering and even sale and purchase. John Dorey.
      Reuter  -  185 words
    • Article
      Lack of financial support forces ASC to close
      600 22  -  By FLORENCE CHONG AN ERA will pass in the Australian shipping history when the Australian Shippers' Council closes its doors for the last time today. The body, which has represented the interests of users of shipping services since its formation in 1972,
      600 words
    • Article
      INDEX TO ADVERTISERS
      984 22 AB Shpg y s ABC Cootonc IX 1 Accord Shpg VI 1/2 AFS n 3 Ahr*nk*l l>ft*r X 4 Alltrorn IV 1 AC To*pl*r XI 5 Am*ncon Tp» X 4 Amo S*rv<* IV 2/3 Arrow l r« IX 5 Asioft Ocaon XI 4 Assoc Comog* XI s
      984 words
    • Article
      Lock icon Stena AB buys into Sea Container
      329 23 Reuter THE turnaround in Ber-muda-based Sea Container's fortunes and its lucrative English Channel ferry service has made it an attractive target to Swedish shipping concern Stena AB. Stena, Sweden's largest ferry operator, said it had an 8.17 per cent stake in the company. Company
      Reuter  -  329 words
    • Article
      SHIPPING LIST
      7071 28 AAMHUS Ami Mura* mh>v lmm. March 10/17 Evar Qlaaful. Evargraan March 10 Ming Contort. Vang Ming. March IS VMto da Salurna. CM 0 Affratamant March 20 Noraaia Singa. Noraaia Una. March 20 Korngan ScanOutcht March 20 Llao Ha. China Ocaan Shpg March 21 Oaaka Bay Triot March 23(PK).
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    • Article
      LONDON FREIGHTS
      1063 28 A further eight point gain in the Baltic Freight Index to 1,640 came amid unconfirmed reports on Wednesday that around US$l5 had been paid on the key US Gulf/Continent grain voyage, brokers said. The Baltic sub-index for this trip rose to $14,783 from $14,683. Japanese operators are also
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    • Article
      SHIPS IN PORT
      1337 28 AT CONVENTIONAL WHARVES VmmI B«rt h Arrival D«partur« KEPPEL WHARVES Ab sii ■m>ii Arrow hpirot MM Sky t*rop«/f KopSMn Kola lartoi Kola lotno Kola Wgnm SWrtO Si* Hod 0» Coral P"ca««/P C«MMM>OI«/P Equator GoUm Wondar l* Pm*««3 Ocooa Paorl/t PkMfSaavt ho» Dm SoaWi Tra»fc* Tram Fiord Trom
      1,337 words
    • Article
      BUNKER MARKET REPORT
      517 30 Density Water Carbon Residue Ash Aluminium Sediment KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Clmac limits Spec E25 Spec G35 991 991 1.0 1.0 15.0 18.0 0.10 0.15 30* 30' 0.15* 0.15* Northern Europe 180 Ave 180 Max No above E25 982 999 5 0.1 1.2
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      926 21 ,I'GCLf STP Distributors OOCL Pcdicntcd to Stifvicti WW NC SHIPPING AGENCIES 200 Cantonment Road #12 06 Southpotnt. Smwwi 0208 T4 *****11 TELEX NO RS ***** TERMINAL/CFS Til *****11 220 BOOKINGS TH *****34 235 PESAKA JAROINE SNIPPING AGENCIES SON 880 PORT KELANG TEL ***** It T*i No. MA*****/MA***** PENANG TEt *****4
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      Page 21 Advertisements Column 2
      53 21 QSMDB AN ERA will pass In the Australian shipping history when the Australian Shippers' Council closes its doors for the last time today. Page II THE turnaround in Bermuda-based Sea Container's fortunes and Its lucrative English Channel ferry service has made it an attractive target to Swedish shipping concern Stena
      53 words
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      Page 21 Advertisements Column 3
      1249 21 vV ,o«' TIMES STP Distributors Ttfn*M PuMs/mt>9 Croup MAERSK LINE ETA ETO DESTINATIONS This wee* Laura M Closing Time CV 21/3 0700 MRS CFS 20/3 2100 MRS To: Calitornia-US Gui»-US Atlantic- East Canada-All Wal»r Service Sailed In Pi 23/3 24/3 30/3 31/3 6/4 7/4 13/4 14/4 20/4 21/4 27/4 28/4
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      576 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT OSAKA BAY TOKYO BAY NIPPONICA TOLAGA BAY HONGKONG EXPRESS MONTE ROSA ALASKA MARU CITY OF EDINBURGH P KELANG SOUTHAMPTON 25/3 HAMBURG BREMERHAVEN 16/4 ROTTERDAM/ ANTWERP ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG. MALMO, HELSINKI, OSLO, AMSTERDAM, CARIBBEAN S
      576 words
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      Page 22 Advertisements Column 2
      101 22 Lines and services represented by A Members of the Registry of Accredited (5| Shipping Agents. Singapore National Shipping Association. CSAV ompjruj Sud Anwncjnj ar Vjaorri S Lif EXPRESS SERVICE TO/FROM CHH.E FEEDER S POAE MOTHER VESSEL VESSEL csav i m var vno es CSAV 2 4/4 C VESSEL CSAV J
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      Page 22 Advertisements Column 3
      966 22 APPOINTMENT JEBSENS INTERNATIONAL, SINGAPORE As the Marketing and Chartering Arm of A/S Kristian Jebsens Rederi, Bergen, we are seeking an experienced local chartering person for our Singapore office to take care of our chartering activities in this region, as well as to market our growing fleet of bulkcarriers in the
      966 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      967 23 n The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak. Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT: [CONTAINERSHIP SERVICE FROM UK/CONTINENT: H'burg EThavan R"dam TOLAGA BAY Saiiad Suited Saiiad NIPPONICA Saiiad Sailed THAMES MARU SaMd Saiiad HONS HONG EXPRESS Saitad Sailed Saiiad CITY OF EDINBURGH Saiiad
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      Page 23 Advertisements Column 2
      1292 23 THE COLLEGE OF PETROLEUM STUDIES ECONOMICS AND OPERATIONS OF BUNKERING THE MARCO POLO HOTEL, SINGAPORE COURSE SUMMARY The course is intended for shipowners, (operations, commercial, technical and finance depts), charterers, shipbrokers, oil companies, (marine sales, technical and operations depts), bunker suppliers, bunker brokers, marine engineers, port operators and shipping consultants.
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  • Page 24 Advertisements
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      495 24 TUSINOSE MARITIME PTE LTD KSB El I9IAMIC RIPUBUC OP IRAN SHIPPING LINtS IRANIAN §EIVI( Singapore Loading for:IRAN BAYAN PJLMI Sid BANOAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA VIOLET V 24 KYOWA HIBISCUS V 36 LOAD FOR VILA. NMA. LTK. SUVA. PAGO. APIA GUAM. SAIPAN, HRA, VILA. NMA.
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      Page 24 Advertisements Column 2
      927 24 0 HANJIN SHIPPING CO., LTD. KVI.I.Y CONTAINERISED -SfCRT. l<. f I TO EUROPE VIA SUEZ FROM EUROPE VIA SUEZ VESSEL VEGA SS AC2I KUANTAN S'PORE 21/3 LOAOIN6 FOR DUBAI. DAMN USA PACIFIC SOUTH WEST T/S KMT LINK HAUL JM PUS, ME HANJIN KUNSAN ME M/J PUS Hit KOREAN BONIS JIN
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      Page 24 Advertisements Column 3
      985 24 a EVERGREEN Full Container Service (Vl* GREET EVER GOLDEN EVER GLOBE EVER GENIUS EVER GIANT Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ML SGP MM KSG SS SS 22 SS SS 55 S3 IK S5 SS S£ SS !iS gg SS SS SS SS m X ;,S l£ 'M *2 im> n« Jit.
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  • Page 25 Advertisements
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      922 25 PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE ACCEPTING MURURAN/TOMAKOMAI/HfTACHI CARGO VIA HKQ JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE vov mo 07SB Nll VOY ••018 MSB (•02S VESSEL KOTA MELATI HAI QUANQ KOTA MELATI MAJAPAHfT KOTA MELATI KOTA MELATI VESSEL
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      Page 25 Advertisements Column 2
      476 25 BEN LINE CONTAINERS TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE (TS) HKG NOUMEA SUVA AKL NAP 1/4 E.R. BftUSSEL VOYSS 14/4 6/5 11/5 14/5 15/4 TA NAVIGATOR 23/4 15/5 19/5 22/5 29/4 TA NAVI6ATOR «S 5/5 1/6 4/6 7/6 FROM NEW ZEALAND MAIN LINE
      476 words
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      Page 25 Advertisements Column 3
      572 25 \!P: DJASAGETRI A Joint Europe Service Of: P.T. OJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUOERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSI/VOY SPORE ANTWERP H'BURG/ RDAM/ADAM BREMEN L J. BONTANG/17WB 6-8/4 7/5 12/5 MATARAHO3WB 11-14/4 U/5 16/5 PALEMBANG/12WB 3-5/5 6/6 11/6 KUTAI/16WB 15-IS/5 17/6 22/6
      572 words
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      Page 25 Advertisements Column 4
      352 25 BOUSTEAD SHIPPING AGENCIES PINVA VIOIW PAGAN VI39W HTONEYWA V245W PA-AN VI36W BURMA FIVE STAR SHIPPINB CHBMMTIMI (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok L I CONTAI 111 NORTHBOUND TO UKC CLYDEBANK V2SN TAMATAI SAMOA Vl5 FORTHBANK V24N SPORE RDAM HULL HMB 28/3 26/4 3/5 30/4 24/4 21/5
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      459 26 Q K t. I N fc KAWASAKI KISEN KAISHA. LTD. f *V >• KAWASAKI SM#l>aßE In commemorating our 15th anniversary wishes to thank all our customers, friends and business ociates for your invaluable support the past and we look forward to r continuous patronage in the ■i**M i m inn
      459 words
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      Page 26 Advertisements Column 2
      452 26 AUSTRALIA EXPRESS CONTAINER SERVICE «w»i rcura. c«M«< INDIA EXPRESS CONTAINER SERVICE FCL/PCL Contalnara 11 A* 4 Amp 27 Am By FppOar By Farter 6 Apr I Apr CotomGo, Kpnr 11, BomOty 3 Apr 29 Apr Gotontop/Kpwte/Banbpy 29 Mty a Iter Cdsmtofiunclt Bomb., aAm B AM* CotamOofMnclt. BomOty INDIA/JAPAN/INDIA SERVICE Accepting
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      514 26 GOLDEN line irs&9\ CUM* GUAM SUPPING (PTE) LTD 11, f«M Amp SbNl StNCAMMf MM ftt: MOW (Id IMfS) fu VHHM STRAITS/PERSIAN GULF SERVICE: Sport PK*« Pm, GOLDEN WON OCR CotonOorAjncfwDutm In fori M Apr GOLDEN HAVEN Cokirsr Otta CHINA SERVICE A VESSEL Hmwmpui Star** PJUtom Pwwm CHINA OCEAN SHIPPING CO"
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      Page 26 Advertisements Column 4
      346 26 PHIU OniCNr LINfS PT( LTD HliOOrf CI 63 ROJtNSON RQAO »OM2 AFRO AStA BUHOINC S'NCAFOf! 01C4 rtie* AS au) PHin FA« /<?!s/« EAST/FM EAST FCI ft Ld ETA SINGAPORE EAST/WEST TBN *4 m. m v.:>VI iiifl Fa a La sama LATTAKIA, BENGHAZI. ALGIER. TRIPOLI, ALEXANDRIA. PONT SAIO. PIRAEUS. MOMBASA. DARESSALAM
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  • Page 27 Advertisements
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      850 27 Agents S pore Gmmml Inquiries Jimi) NEPTUNE AGENCIES PTE. LTD. Bookings Bookings ft £U/AUST FPA/SfA 2/15/53 2/86/42 EXPORT NEPTUNE NQL ORIENT LIMES LTD MPIMSMM) IMPORT UiiOU)/.' C COAST VIA DIRECT ALL WATER MOTHER VSL Y Mam 7W O. Educator 68W O. Exporter 2W N. Amber 2W NYK 15/4 22/4 29/4
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      Page 27 Advertisements Column 2
      354 27 VMMl't Nam CTD 8S SPORE PKLG KEE BUSAN MO JI V 'Q.ORIA/103N 11/03 23-24/03 21-22/03 01-01/0* 04-00/04 OVW NO IDO NAM/TON It/IB 2*-2t/03 »M«3 07-07/04 10-12/04 11/04 'MAGNET/MSN 22/03 03-04/04 01-02/04 12-12/04 17-11/04 11/04 NO DONAM/W3N 21/03 01-10*4 11-12/04 20-20/04 2J-2S/04 2404 MO JI container to bo tranahlppod it Buun,
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      Page 27 Advertisements Column 3
      163 27 fsr\ JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST SRI LANKA/ INDIA M/ 3 NEW ZEALAND/ AUSTRALIA EUROPE/ UK Ml "'I Ifl NOW LOADING BANGKOK BUSAN JAPAN (ALL PORTS) NEW ZEALAND IE CNTR LINE (PKEIANC.) TEL (03) lb' 1200 1 IE
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      Page 27 Advertisements Column 4
      824 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 ***** PfNANC MISSUS NAI FHONC SHIPPING 12/ P«nan« Str«t. P«n»ne Matayw CtMn JAYAPOH PfNANC. t«i &?2944/6229ty fH«. MA
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      236 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. ru 225 6868 01 Intel) FAX *****39/*****/6 rtUX HS ***** A/0 SSCMA. HS ***** A/I) SSCAU DSR-LINES VEB DGUTFRACHT SEEREEOERE ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE ■VIA LARNACA: ACCEPTING CARGO FOR UNASSOL, BEIRUT, LATTAKIA, AIiXANORiA. PORT
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      Page 28 Advertisements Column 2
      75 28 T.S.K. LIME WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL MERMES ACI VIS MAKUSAN II V 4 CONTINENT V» KABUKI V2O HERMES ACE V» MAKUSAN II VI mc3iCTimmL-Litm j r '^i (HEJEEBEMEBfiBHIEBEM IJJJJUULI EMB3mEMgJU|Tjgj|Pj ygmuugmjgi EBEBGBBBEBEBESiEB^H TSKLINE AGENCIES (S) PTE LTD TEL: *****6S W. MALAYSIA AGENT: TRANS-ASIA SHIPPING CORP TEL: K.L.
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      Page 28 Advertisements Column 3
      133 28 H iiJ'illHljiiri (WTERMATIONAL FREWMT FORWARDER*) ACCEPTING CARGOES FOR: HONGKONG 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 20/3 27/3 20/3 24/3 18/3 26/3 20/3 24/3 25/3 30/3 18/3 25/3 25/3 28/3 23/3 30/3 20/3 27/3 20/3 27/3 22/3 25/3 OTHER DESTNS TEL: *****44 FAX.
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  • Page 28 Miscellaneous
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      Page 28 Miscellaneous Column 1
      162 28 1i Regional Weather M fA i H X 'li m 3. I eJJ m Hi* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. March 17, 1959 v O Wind tVfCon »,tb speed *> knots Wo»e height LEGEND R Thunderstorm Temperature c X\ y Shower Weother Wmd (Vec'»on with speed r*
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      575 29 FARGO SHIPPING Tel:SB4 01Sa f REGULAR EXPRESS FCL LCI SERVICE ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND VSI TNT Eiprni 221 HUDIG 222 BRUSSfL 224 c. vmouk m 16 DATS TO BTDNET! TO USA/CANADA Also accepting cirgo to: USA Houston, Savannah, rjmpj, Jjcksonvtlle, Wilmington <0«l). Norfolk, Baltimore, Now York. Boston CANAOA
      575 words
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      Page 29 Advertisements Column 2
      400 29 RICHFIELD MARINE AGENCIES |S) PTE ITO 103 T6C *****33 (10 lines) S\ FAX 22V115 TELEX RS ***** RISHIP 3 Lm«») IT of Elh»p&> ACCEPTING FCI. AND CONVENTIONAL PEN'PKG ETA SPOKE LOADING FO« M/V A6BAY WOM 7/4 DARESSALAAM MOMBASA DJIBOUTI VOY 19WB ASSAB. MASSAWA MODE ID AM Other ports along the
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      Page 29 Advertisements Column 3
      824 29 COMPANIA CHILENA DE NAVEGACION INTEROCE A NIC A SA (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE ARI IQUIQUE VALPARAISO STO S PALIOS Olffi 09/05 L3/0S CARGO FOR PUNTA ARENAS TAICAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71, *****65 THONG LEE EXPRESS SHIPPING (S| PTE
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      Page 29 Advertisements Column 4
      12 29 <cfs> CRYSTAL TOIGHTSEnVJCES T* *****18 Hi: 43)11 CFSM FAX: *****U BOOKING: *****22
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      Page 29 Advertisements Column 5
      274 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 I Q IRAQI LINE n IRAQI STATE ENTERPRISE fOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR MV ALWASITTI 25/3 S. Korea. Japan THROUGH 8/11 to BACHOAO UPON REQUEST ALSO ACCEPTING CONTAINERS UP TO AOABA t BACH
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      542 30 g| FINE-LINER SHIPPING 1 PTE LTD T£l 225W7 (5 Lir-i•>) ax PS 226-U FLINEP FAX 2252iH EUROPE SERVICE (FCL A LCL) Tr-Wh.H'.uV ■i.jn.r PTT Hl* n* at* FAR EAST SERVICE (FCL LCL) i— Liz: |wn |un MIDDLE EAST SERVICE (FCI. LCL) I 1"Q ou§ shj Aoe dam kwt bam don
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      Page 30 Advertisements Column 2
      739 30 ZIM X 3 «W jRiGB Wrw WW 22 Wf Srnj-^r-r-rMMTTMTTMTrMTJ-TM KEELUNG KCaUNC 2/4 ;m NEW york V< Una new york AUSTRALIA CONTAINER SERVICE zim yenejia nn u/4 2IM SYDNEY 4,4 2V4 ZIM OSAKA 19* 10rt ACCfPTINC CARGO FO AW LA lOC VIA MELBOURNE ANO ALSO FCI TO GUAM OM EIUT
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      Page 30 Advertisements Column 3
      342 30 matarani, ilo* and all other P|RUV!AN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Pwunc* P. Ktlang* S<ng»por« ROSEEVERETT Gdn.US/17 M»r JONNEVERETT 23/25 Mar 20/21 M^ MURRAYEVERETT J/11 Apr lb* AU DAVAO* Panang* ROSEEVERETT JOHNEVERETT MURRAYEVERETT *fih P. Kalanf* Singapore Gdn.K9fl7 23/25 Mar 26/21
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      347 31 Seabvfdjgfe rvwrmcwrii i tucq INTERCONTINENTAL LINES ;3gCj IEESDI S GOLUBKINA VO2-S9W I. YERMOSHKIN VO3-W* DESTINATIONS TORCNUNOI, HAIRATAN, KABUL. TEHRAN. DiULFA ft BAGHDAD SEABRIDGE EUROPE i SCANDINAVIAN SERVICES WEEKLY FCLJLCL CROUPAGE FROM SINGAPORE PORT KELANG PENANG JOHORE UK, HAM, HTML L. HAVRE. ANT. GENOA, ARAHUS, STOCKHOLM, HEL. CPH. GOTBC, MARSEILLES, 6siO
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      40 31 Consolidation Service 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: *****53 TLX RS ***** INTERTEAM INTERTEAM SHIPPING AGENCIES PTE LTD TEL 225 2827 (10 LINES) TLX: ***** FAX. 225 7230
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      Page 31 Advertisements Column 3
      630 31 SING KWANG HANG SHIPPING ft IRAMSPOnrAfION (PTfc) LTO WEEKLY LCL/FCL SERVICE VESSEL JENHOL V 109N JENWEL V.107N JAKARTA ISURABAYA 18/3 21/3 DESTINATIONS 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
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      Page 31 Advertisements Column 4
      425 31 GLORY NAVIGATION GROUP 5 ft #Ltnaj*% RE6UUR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SP PKL PNG BIW KAOH GLORY SELATAN V Voy 107 12/3 14/3 GLORY SELATAN VIII Voy 9t Sailed 15/3 GLORY SELATAN IX Voy 17 Sailed 6 VESSELS OF LOG
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      Page 31 Advertisements Column 5
      485 31 PTC G^OjP PTC CONTAINER LINES FCL/LCI SERVICE FAR EAST KEELUNG/KAOHSIUNG BANGKOK MANILA JAKARTA PORT KELANG/PENANG BUSAN TOKYO/YOKO/KOBE HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzttou Xiamen/Xingang/Shanghai EUROPE/UK RDM/HAM/ANT/LE HAVRE/GENOA LDN/FLX/LVP/SOU USA/CANADA L.A./NYC/SFO VANCOUVER/TORONTO/MONTREAL AUSTRALIA/NEW ZEALAND SYD/MELB/ADEL/FREM AUCKLAND/WELLINGTON PAPUA NEW GUINEA P. MORESBY/RABUAL/LAE SOUTH ASIA BOMBAY/MADRAS/CALCUTTA COLOMBO KARACHI r,rj CARGO IN CONTAINER
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      547 32 /If Hai Sun Hup Co (Pte) Ltd rpl '*****06 (20 lineii TLX MS ***** 4 RS ***** •l L \SI Ll<\ -\I L I\L K t STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0& HEAVY LIFT! NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA
      547 words
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      Page 32 Advertisements Column 2
      447 32 Try pun VAMft I IMF weekly express independent IHnU Llllfc FAR EAST/EUROPE FULLY CONTAINERISED SERVICE WESTBOUND EASTBOUND Alto accepting for Inland UK dMtinatiom Antwerp and Scandinavian port*. Ld| for HK/KAO/KOBEJYOKO/BUSAN SPOKE m V* IIH 24/4 FMQ *LOr* MgflCAN'l O»ANCCKOW9 ANA S* (NATIONAL UN€ O* COLOMBIA FLAVIA OC U5 73 Mar
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      Page 32 Advertisements Column 3
      396 32 W\D im P.T. MABKAPAI PKLAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGA SINGAPORE W. MALAYSIA BCRVICE VSL
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      Page 32 Advertisements Column 4
      781 32 RSKh rCALL US AT: P. KELANG PENANG J. BAHRU P GUDANG SINGAPORE K. LUMPUR *****53/*****11 M-*****2/4. 62/293 07-*****8 07-*****3, *****5, *****0, *****1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FtEOCR BUTANC U3 BUTANC US B. BUTANC SJ7 B. BUTANC SINGAPORE I IE HARVt 2D 03 GOTHENBURG rrrm
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