The Business Times, 29 March 1989

Microfilm: NL16518
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    10 1 BDSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, MARCH 1981 75 CENTS
    10 words
  • Article
    FINANCIAL NEWS SUMMARY
    263 1 Dow up WALL STREET stocks rose in early trading yesterday, motivated by a nearly 800-point jump overnight in Tokyo's Nikkei index. The Dow Jone index was 14 points ahead at 2,272 after rising to 2,273. Gainers led declining issues by almost two-to-one. -Reuter Footsie up SHARE PRICES
    263 words
  • Article, Illustration
    Tokyo stocks soar almost 800 points
    210 1 REGIONAL MARKETS did not step out of the shadow of Tokyo's Nikkei Average yesterday as it soared almost 800 points. The Singapore market, however, went on to reach a new high for the year in active trading. The Straits Times Industrials Index gained 4.60
    210 words
  • Article
    Greenback opens slightly higher in London
    131 1 THE US dollar yesterday started one-and-a-half pfennigs and two yen higher on the London foreign exchange as traders returned from their long Easter holiday weekend. The greenback opened at 1.8830 West German marks and 132.90 yen in London, up from its previous close of
    131 words
  • Article
    Cement prices going up for third time this year
    409 1  -  By LILIAN ANG AFTER RAISING their prices twice in as many months, local cement suppliers are doing it again. The latest round a more than 10 per cent increase of current prices will take effect from April 1. The total impact
    409 words
  • Article, Illustration
    Sale of Orchard Hotel expected soon
    643 1  -  CityDev planning to transfer hotel to subsidiary King's By LEE HAN SHIH CITY DEVELOPMENTS is planning to sell Orchard Hotel to its listed subsidiary, King's Hotel Ltd, at a profit of about $150 million, sources said. The sale, estimated at $280 million, is expected
    643 words
  • Article
    Chok Tong visiting Jakarta to foster ties
    351 1 MR GOH CHOK TONG leaves this morning for a three-day visit to Jakarta as part of an on-going series of exchanges between Singapore and Indonesian leaders to promote bilateral ties. Mr Goh, the First Deputy Prime Minister and Minister for Defence, will be
    351 words
  • Article
    Lock icon MCA Bentong man selected
    111 1 Bernama THE MCA has identified its candidate for the Bentong parliamentary by-election to fill the vacancy caused by the death of Tan Sri Chan Siang Sun but declined to release his name. MCA President Datuk Or Ling Liong Sik said yesterday the male candidate was selected
    Bernama  -  111 words
  • Article
    Lock icon Brazil seeks Amazon summit on environment
    118 1 Reuter BRAZIL has proposed a summit of the eight Amazon Pact nations to discuss environmental problems. Foreign Ministry spokesman Ruy Nogueira said on Monday President Jose Sarney invited the leaders of Bolivia, Ecuador, Colombia. Peru, Venezuela, Surinam and Guyana to a May 6 summit
    Reuter  -  118 words
  • Article
    Yock Suan expects total CPF rate of 40pc by next year
    601 1  -  GllllllijiD By ZHOU MEI THE LABOUR MINISTER told Parliament yesterday that he agreed with MPs who urged that employers' contribution rate to employees' CPF accounts should be restored as soon as possible. During the debate on the Labour Ministry's
    601 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
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      150 words
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      Page 1 Advertisements Column 2
      201 1 Editorial Comment: 10 Diplomacy of give-and-take Amazon rain forest 10 Not seeing the trees for the wood Bangkok 11 The world of imitation goods Reservations system 2 From Travelnet to Abacus? CeBIT 2 Singapore may be partner country Semiconductors 4 Japan buys more foreign chips Alaskan oil spill 9 Storm
      201 words
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      Page 1 Advertisements Column 3
      8 1 Not toeing the trior the wood, PAGE 10
      8 words
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      Page 1 Advertisements Column 4
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      85 words
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  • HOME NEWS
    • Article, Illustration
      Travel agents may switch reservation system
      541 2  -  By JOHN TAN CONCERN about the effectiveness of Trsvelnet, the airlines reservation systsm operated by Singapore Telecom, has led travel agents to consider switching camp to the Abacus system. Mr P R Gopal, president of the National Association of Travel Agents Singapore (Natas), told
      541 words
    • Article
      Elected presidency: the economist's approach
      387 2  -  By TAN KEE WEE BY CHOOSING Singapore's presidential candidates only from those who had had ministerial, high executive or administrative experiences, some able and talented people might be missed out. said two local economists, Ors Linda Low and Toh Mun Heng. Such an approach, they
      387 words
    • Article
      Seminars on quality parenting
      161 2 THE CENTRE for Effective Living, an organisation which specialises in human development and stress management, is holding two seminars on parenting. The first seminar, on April 3, is on Spending quality time with your child. It will be conducted by Or Robert Simmons, a consultant child
      161 words
    • Article
      Go-ahead for underpass linking Tangs to Orchard MRT
      147 2 A TUNNEL will be built to link Tangs Superstore and the Orchard MRT station now that the dispute between the developer and the PWD has been settled. Tong Choon Keng Realty, the developer, has agreed to pay the equivalent of the price
      147 words
    • Article
      Johor-Singapore cooperation committee to be launched today
      186 2 ABOUT 500 manufacturers and businessmen from both sides of the Causeway are expected to gather at the Complex Islam in Johor Baru this morning for the official launch of the Johor-Sin-gapore Joint Committee on Business Cooperation. Trade and Industry Minister Brigadier-General (Res) Lee
      186 words
    • Article
      New S Korean ambassador
      110 2 THE NEW South Korean ambassador to Singapore, Kim SaiTaick, yesterday presented his credentials to President Wee Kim Wee at the iatana. Mr Kim succeeds his predecessor, Lee Chang Choon, whose tour of duty was completed earlier this month. Mr Kim has a long career in the
      110 words
    • Article
      Singapore may be partner country for CeBIT
      599 2  -  By GENEVIEVE CUA SINGAPORE may take centrestage in 1992 as the partner country for CeBIT, Europe's biggest office, information and telecommunications fair. Discussions between the Trade Development Board and fair organiser Deutsche Mease AG are at the preliminary stage. TDB regional director Wong
      599 words
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      Page 2 Advertisements Column 1
      409 2 If you want to change your work habits, we suggest you face our panel. ";-r :"VY x/•.> L_a-2S5a Complex and tiresome simultaneous multi-button font cartridges. And you can confirm your selection with commands are a thing ot the past. a glance at our 20-character LCD. Our LQ-2550, a 24-pin impact
      409 words
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  • YESTERDAY IN PARLIAMENT
    • Article, Illustration
      Foreign maids: Goh speaks out
      548 3 MINISTRY OF LABOUR THE FIRST Deputy Prime Minister has spoken out in favour of a more liberal policy in the granting of permits for foreign maids. To the Labour Minister s past reference to the social cost of having foreign maids, Mr Goh Chok Tong
      548 words
    • Article, Illustration
      Arguments for and against foreign maids
      289 3 LABOUR and productivity not accounted for in the gross domestic product housework got a good airing in Parliament yesterday, as a male and female MP debated the issue of foreign maids. During debate on the Labour Ministry budget, Tampines MP Dr Aline Wong supported
      289 words
    • Article
      Improve monitoring of Medisave claims to prevent abuse'
      321 3 MINISTRY OF HEALTH MEDICAL and financial auditing to check abuse of Central Provident Fund Medisave accounts must be improved now to prevent Singapore's national health care system from falling into the chaos and disarray that now plague the systems of the US
      321 words
    • BRIEFS
      • Article
        Work on Linggui Dam starting soon
        154 3 CONSTRUCTION work on an access road and site clearance for the Linggui Dam project in Johor will begin soon, said Trade and Industry Minister Brigadier-Gener-al (Res) Lee Hsien Loong. He was providing the House with a progress report on the gas and water agreement
        154 words
      • Article
        Vehicle registration
        99 3 VEHICLE owners are at liberty to choose when they want to register and de-register their vehicles and the same principle applies to taxis, said Communications and Information Minister Or Yeo Ning Hong. He was replying to a question by Mr Lew Syn Pau (Tanglin). The government will therefore
        99 words
      • Article, Illustration
        Mobile telephones for taxis too
        86 3 TAXI drivers can install mobile telephones in their vehicles as part of the government's aim to liberalise the taxi industry and help improve the taxi service, said Dr Yeo Ning Hong. He, however, urged the taxi companies to set up their own rules and conditions
        86 words
      • Article
        TV licence fees
        145 3 REMOVING or reducing television licence fees will greatly affect the viability of the Singapore Broadcasting Corporation (SBC) as in financial year 1989, licence fees are expected to account for 34 per cent of SBC's operating expenditure. The Minister of State (Communications and Information and Trade and Industry),
        145 words
      • Article
        Medisave for kidney patients
        64 3 KIDNEY patients will be allowed to use their Medisave accounts to pay for kidney dialysis treatment. This will, however, be confined to each patient's own Medisave account and will be limited to a maximum withdrawal of $400 each month, said the Acting Health Minister Mr Yeo
        64 words
      • Article
        Construction Brigade
        137 3 THERE has been less absenteeism at work sites, better discipline and performance of Construction Brigade national servicemen since improvements were made to the training scheme, said Or Lee Boon Yang, Senior Minister of State (Home Affairs and National Development). The new training scheme consists of three phases; para-military
        137 words
    • Article
      Call for more compensation
      115 3 NON-CONSTITUENCY MP Or Lee Siew Choh and an MP for Marine Parade GRC, Mr Othman bin Haron Eusofe, called for a revision of workmen's compensation with the latter saying that current levels were grossly inadequate. In his reply, Labour Minister Lee Yock Suan said he agreed
      115 words
    • Article
      Why NTUC had to dismiss George Sita and two taxi drivers
      248 3 OPPOSITION politician, Mr Chiam See Tong, yesterday asked the government about poaaible discrimination against workers because of their political affiliations. Mr Chiam's comments brought Mr Ong Teng Cheong, the Second Deputy Prime Minister, who is also the secretarygeneral of
      248 words
    • Article, Illustration
      MPs argue against use of CPF for tertiary education
      292 3 THE GOVERNMENT'S decision to allow account holders to use their CPF money for tertiary education has opened up the Pandora's box, said the MP for Kebun Baru, Mr Um Boon Heng. Voicing opposition to the decision, Mr Lim, also the chairman
      292 words
    • Article
      Make better use of older workers
      132 3 WITH Singapore facing a graying population, it would be important that older workers be better used, said the MP for Tiong Bahru GRC, Or S Vasoo. He urged the government to review the retirement policy. Older workers should be tapped by companies in the
      132 words
    • Article
      No discrimination against small companies
      189 3 SMALL COMPANIES with tower than 10 staff members would not be discriminated against when they apply for work permits on behalf of foreign workers, assured Labour Minister Lee Yock Suan yesterday. Responding to concern expressed by several MPs during debate on the Labour Ministry budget
      189 words
  • Page 3 Advertisements
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      172 3 Mfcl f •m ft n t w M s* .V. **vv &&*-*> A- t a i„ >27 V r^s IU/ »t 1 <* m .r* sL 1 SV V- 1 '291*4* 0 T" <«r #s > Piaget Dancer. Hand crafted in 18K solid gold and water resistant to 30 meters.
      172 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Bangladesh signs deal with Soviets
      181 4 AFP THE SOVIET UNION will acquire telephone cables, handicrafts and sports shoes from Bangladesh in exchange for machinery and other goods under a US$7O million accord signed on Monday, officials in Dhaka said. The signing of the 18th countertrade agreement between the two countries came
      AFP  -  181 words
    • Article
      Lock icon China asks US to stop criticising its policies
      475 4 NYT CHINA'S Foreign Minister on Monday called for a new pattern in Chinese-American relations that would be characterised by mutual trust and leas criticism of Beijing's human rights record. Speaking at a rare news conference, Mr Qian Qichen reproached membera of Congress
      NYT  -  475 words
    • Article
      Lock icon Special events mark Asean Day at Yokohama Expo
      301 4 Bernama MEMBER COUNTRIES of Aseap held an Asean Day at the Yokohama Expo '89 in the Japanese port city on Monday. Speaking on behalf of Asean ambassadors in Japan at the launching of Asean Day, Malaysian ambassador to Japan Datuk J A
      Bernama  -  301 words
    • Article
      Lock icon Taiwan will not open market to US rice
      203 4 Reuter TAIWAN'S Council of Agriculture said on Monday that it will not give in to pressure from the US rice lobby to open up its market and renew an agreement to limit its rice exports. Keh Ching-chao, a spokesman for the government
      Reuter  -  203 words
    • Article
      Lock icon TV ad firms ask M'sia for more time
      360 4 Bernema SEVERAL advertising firms appealed to the Malaysian information ministry on Monday for more time to comply with its directive to ban pan-Asian looks for advertisements on television. The managing director of Leo Burnett Sdn Bhd, Peter Beaumont, said the July deadline
      Bernema  -  360 words
    • Article
      Lock icon India prepares for major dialogue with West
      258 4 AFP a BRITISH Foreign Secretary Sir Geoffrey Howe travelled to India yesterday to discuss bilateral and Asian issues with Indian officials, a government spokesman said in New Delhi. His trip coincides with a joint three-day visit by the Spanish. French and Greek foreign
      AFP  -  258 words
    • Article
      Lock icon Indonesia to raise power rates
      85 4 Reuter INDONESIA will raise electricity prices for the first time in five years on April 1 by an average of 25 per cent. Mines and Energy Minister Ginanjar Kartasasmita said on Monday. He said the state-owned electricity company would invest the extra cash in development.
      Reuter  -  85 words
    • Article
      Lock icon Japan buys more foreign chips
      673 4 Boosting sales to smaller firms seen as difficult Reuter JAPAN'S six largest microchip makers have raised the percentage of chips they buy from foreign firms to an average of 18.6 per cent of their total chip consumption in 1988/89 from about 15 per cent in
      Reuter  -  673 words
    • Article
      Asean can expect healthy growth in tourism in 1990s
      567 4 ASEAN can sustain a 9.4-per-cent growth in tourist arrivals with a 13.1-per-cent increase in receipts from 1992 to 1995, provided there is positive growth in the world economy and political stability in the primary target markets. Total tourist arrivals and increase
      567 words
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      163 4 tj* K PNMPP A.... .v.i viW PWW i ilw^iiiwiPwiffß 4 i ■>" t <;> -v C i r >: mm. L I .<> :V" A, s < Time passes all too quickly in Thai's new Royal Executive Class Lounge, Bangkok. Whiling away the time in transit becomes so much more
      163 words
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  • REST OF THE WORLD
    • Article
      Lock icon Three Soviet party leaders defeated in polls
      378 5 Reuter THREE LEADING Soviet Communist Party figures, including a junior Politburo member, were reported on Monday to have been defeated in Soviet elections. Leningrad Radio, contacted by telephone from Moscow, said that the regional Communist Party chief, Yuri Solovyov, a candidate member of
      Reuter  -  378 words
    • Article
      Lock icon Japanese buying more Florida real estate
      335 5 AP JAPANESE INVESTORS are taking a liking to Florida real estate, building the Swan Hotel at Disney World and buying properties worth US$l63 million in the past year. Although the Japanese have been snapping up US real estate around the country for many years,
      AP  -  335 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      936 5 ARRIVALS Operator Servke Local From number time MAS MH625 0010 KUL OAl OA471 0015 ATH SIA SOU 0115 LAX/NRT UAL UA805 0125 SFO/HKG MAS MH627 0600 KUL SIA S04I 0610 MAA SIA SQ3I 0815 CDG/ROM MAS MH640 0820 KUL KAl KE624 0840 KUL MAS MH651 0910 PEN
      936 words
    • Article
      Lock icon US nuclear plants still unsafe, group alleges
      397 5 AP MORE THAN 33,000 nuclear plant miahaps ranging from stuck valves to radioactive leaks have been reported by utilities to the US Nuclear Regulatory Commission (NRC) in the 10 years since the partial meltdown at Three Mile Island, according to a study releaaed
      AP  -  397 words
    • Article
      Lock icon No shelter from tax collector
      128 5 AP IT WOULD TAKE something more than a nuclear attack to wipe out an American taxpayer's obligations. An addition to the Internal Revenue Manual supposed to guide the conduct of all employees of the Internal Revenue Service acknowledges that collection might suffer if the bomb
      AP  -  128 words
    • Article
      Lock icon Storm blows clean-up of biggest US oil spill
      496 5 UPI AFTER THREE DAYS of perfect weather, a windstorm blew into Valdez, Alaska, on the fourth day of the biggest oil spill in US history, jettisoning Exxon promises of an all-out assault on the ecological disaster caused when the supertanker Exxon Valdez
      UPI  -  496 words
    • Article
      Lock icon Oil spill pushes crude price to highest point in 19 months
      404 5 AP THE BIGGEST oil spill in the US has helped push the price of crude oil to its highest point in 19 months with energy futures prices rising shsrply in a bullish market. "A market that was already poised
      AP  -  404 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      41 5 The business person's choice every Tuesday, Thursday, Saturday and Sunday. Laving Chang) Airport at 22:C$ hours and arriving at Lester R Pearson International Airport the following day. Ctll your Trzvcl Agent or Air Cjiud* it 7)*****. A BREATH OF FRESH AIR
      41 words
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      Page 5 Advertisements Column 2
      288 5 MEET WITH SUCCESS AT THE MARINA MANDARIN ...Just a note to thank you utul all the stuff at the Manna Mandarin for your assistance during the Slanford/\US Executive Programme. The programme was a successful one, thanks in part to the smooth functioning at the hotel in setting up meals, group
      288 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      82 5 wmn r RiuU Not* Singapore OUTLOOK: Shower* o«(f Mvwal irtM In Raport for 24 hewn prior to 7.30pm on March 28 at Mu lamp. M.l A—oc humidity 71 Mtn lamp 23.1 A—oc humldWi M Hra oI mmMm 4.90 RaMaN In mm 2.5 Rainfall Ma n*«... 249.1 Rainy tfaya Ma mti...
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    • Miscellaneous
      Page 5 Miscellaneous Column 2
      88 5 Doonesbury YES, MA'AM. BILL ONLY HAS AIPS-RELATE? COMPLEX, BUT RANPY HAS FULL BLOWN KAPOSI'S SARCOMA. I I THINK YOU'LL FH? THAI AIDS UJU BE THE ONLY TOPIC AT YOUR TOWN MEETING TOOOY. PEOPLE UJILLUmr YOUR. VIEWS ON EVBPVTHIN6, FROM HEALTH CARE COSTS TO CONHP&mAUTY ISSUES TO REUCE+&N6 THE BATH HOUSES!
      88 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1559 6 SINGAPORE: AFTER an initial spurt to the day's highs of D-mark 1 8855/ yen 133.25, fears of coordinated European central bank intervention when Europe opened forced a selloff to D-mark 1.8805/ yen 132.75 yesterday. The bias however continues to be to test central bank threshholds, before a pullback
      1,559 words
    • Article
      Government Securities Market
      100 6 Treasury bills Porlod Issuo Yostorday's dosing Day's cod* Maturity MO OFF» KNGH LOW 3 mcmttw RS891IN 22.06.89 3.80 3.75 3.79 3.79 6 twoirttn BS*****N 17.0849 3.90 3.83 1 y*ar BY*****H 23.11.89 3.9S 3.90 Government notes end bonds Poriod Issue Maturity Coupon Yostorday's dosing Day's cod* rato 110
      100 words
    • Article, Illustration
      World interest rates
      165 6 voiMnw Hit ivtriQf Of Km prtm« landing rrtn of 12 me|or banks In S'pore Avaraga of prime or aqulvalant lenaing ran on Mar 28 London 13.0% n nongiorv^ iu% N»w York "4% Bangkok '2-5% Tokyo 3-375 Jakarta 22 J Zurich* 6.0% Kuala Lumpu r 7.0% Frorhfwt* 4.0%
      165 words
    • Article
      IMM
      277 6 IMM foreign currency futures ended sharply lower and near session lows in thin trading on Monday with yen contracts leading the decline. The market scored the bulk of its losses in Far Eaat activity and pricea reached their lows early in the session. After the Federal Reserve intervened to
      277 words
    • Article
      Options
      849 6 CURRENCY FUTURES OPTIONS Tuesday, Mor 28. 1989 OCUTSCHEMARK (MMKX) Apr m pm H4* LOT Sal Low Ml 54 14A 15 608 55 55 a 1408 t4f M Cam 57 CAM JyaMcaNa *m 1 M pyH M* Lot mi Low 8a* 91 14 53 38 M 38 53 638 81
      849 words
    • Article
      Money markets
      59 6 THE OVERNIGHT RATE on the Singapore money market closed at 5 1/4, up 1/8 yesterday. Short-term rates were unchanged across the board. S$ In terbonk rotw at tht dot* y*st»rdcy: orm HO Ow«r5 1/4 3 l/t 1-anMk 3 3/1* 3 1/14 2 wowti 3 1/4 3 l/» 1
      59 words
    • Article
      Asian $ market
      281 6 Asian market ASIAN dollar deposit rates ended at their opening levels after quiet trading. The market is waiting for the result of yesterda's US Trsssury auction of US$B.25 billion of two-year notes and ths Federal Open Market Committee meeting for clues on interest rate direction. Short-dates and tsrm rstes were
      281 words
    • Article
      No need to check dollar's rise: Tokyo
      66 6 A SENIOR official from Japan's finance ministry indicated on Monday that Tokyo did not feel it necessary to intervene to slow the rise in the dollar. "There is a consensus among industrialised countries that the present situation in the market is not uncomfortable."
      66 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      301 6 iT SHERATON LITTLE THINGS MEAN A lOT AT SHERATON LITTLE THINGS MEAN A lOT AT SHERATON LITTLE THINGS Imagine staying in the best part of Bandar Seri Begawan, right on Jalan Bendahara, in a room as spiffy as this—everyday. It sure beats living in a pokey little apartment or a
      301 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Fed expected to postpone further credit tightening
      616 7 AP POLICY-MAKERS at the Federal Reserve probably will not tighten credit this week but will indicate readiness to push interest rates higher if inflationary pressures do not abate, private economists in Washington DC have predicted. The Fed the US central bank is facing
      AP  -  616 words
    • Article, Illustration
      Local subsidiary of Luxembourg bank posts record profit
      327 7  -  By DEXTER LEE BANQUE Internationale a Luxembourg Bil (Asia) Ltd, the Singapore subsidiary of the largest bank in Luxembourg, has reported its highest operating profit since it set up shop here seven years ago. The merchant bank chalked up a record $3.88
      327 words
    • Article
      Lock icon KL satisfied with ringgit's value
      94 7 Bernama THE VALUE of the Malaysian ringgit is at a satisfactory level and the government will ensure that its value remains stable, the Malaysian Senate was told on Monday. Replying to Senator Dr Tan Chong Keng, Deputy Finance Minister Loke Yuen Yow said efforts to
      Bernama  -  94 words
    • Article
      Lock icon 'LA awash with laundered dope money'
      257 7 AFP/AP THE CASH surplus at the Federal Reserve Bank in Los Angeles has jumped from US$l65 million in 1965 to US$3.B billion in 1968. and authorities believe the 23fold increase is largely because of laundered drug money moving through banks. "It is a good
      AFP/AP  -  257 words
    • Article, Illustration
      Lock icon Bank Negara aims to stabilise ringgit
      264 7 Bernama THE GOVERNOR of Bank Negara, Tan Sri Jaffar Hussein, yesterday said that the central bank's monetary policy this year would be to apply some restraint on the growth of bank reserves and liquidity to signal the bank's intention to stabilise the ringgit. He
      Bernama  -  264 words
    • Article
      Lock icon Review to make insurance a dynamic sector
      558 7 Bernama BANK NEGARA, after taking over the supervision of the insurance industry in May last year, is charting an extensive review of the industry to make it a dynamic unit of the financial system. The bank's 1988 annual report in an article highlighting
      Bernama  -  558 words
    • Article
      Lock icon Strong recovery by Malaysian banks
      417 7 Bernama MALAYSIA'S banking sector, among the worst hit by the recent recession, has made a remarkable recovery, according to Bank Negara's 1988 annual report released yesterday. The central bank said the banking system as a whole earned a pre-tax profit of M 5794 million against
      Bernama  -  417 words
    • Article
      Comex gold/silver futures
      170 7 Gold futures on Mar 27, 1989 100 troy ouncas; USS par troy ounce Opon Ml* Low SoMo Mar 392.00 392.00 392.00 391.10 1-70 Apr 392.50 392.50 3*9 JO 391.60 -1.80 May 394.00 -1.80 Jun 397.00 397.10 394.00 396.40 -1.90 Aug 403.00 403.00 399.90 401.90 •1.90 Oct 408-50
      170 words
    • Article
      Lock icon Simex
      481 7 BA Futures Inc JUNE Eurodollar futures opened three ticks lower than Monday's Simex close at 89.03 on a higher oil prices which renewed inflation concern. Prices yesterday continued to dip lower when the US dollar weakened. The June contract traded within a range from 89.04 to 88.98 before settling
      BA Futures Inc  -  481 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      122 7 OLYMPUS MCROCASSETTE 'RECORDER JM Pearlcorder 5930 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
      122 words
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      Page 7 Advertisements Column 2
      189 7 Jffc' s 'i N 13 r < BREITLING HAS LEFT ITS MARK ON LAND, SEA AND AIR. V) Breltling watchmakers, masters on land, air and sea. have designed the BreltHng Chronomat to reach depths of 100 metres Totally reliable with self-winding chronograph. 12 hours timing, ratcheted bezel, anti-glare coated sapphire
      189 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon KLCE well placed for further growth
      351 8 Bernama THE COMMODITIES Trading Commission (CTC) will continue to provide support (or the future expansion of commodity futures trading on the Kuala Lumpur Commodity Exchange (KLCE), especially in ensuring additional new commodities and reactivating certain contracts in the exchange. CTC chairman Tun Ismail Bin
      Bernama  -  351 words
    • Article
      Lock icon Kuwait favours Opec raising output ceiling in second half of year
      471 8 Reuter KUWAIT'S Oil Minister was quoted on Monday as saying the Organisation of Petroleum Exporting Countries (Opec) should raise its oil output ceiling by at least 8 per cent to 20 million Parrels per day (bpd) in the second
      Reuter  -  471 words
    • Article
      Precious Metals
      435 8 HONGKONG: Qold cloeed slightly firmer in moderate trading on light demand from US and Swiss investors, dealers said. Bullion ended at U*****.10/391.60 an ounce against an initial U*****.10/390.60 and New York's U*****.00/390.50 cloee. They said there was a lack of fresh factors in the market but light physical
      435 words
    • Article
      Rubber
      371 8 SMGAPORE: Rubber prices ended higher yesterday with April 1 RSS buyer quoted at 207.00 cents a kg, up 2.50 cents from Thursday's close. Brokers said the morning market registered a gain of three cents in thin trade on light short covering. Values eased slightly in Ists afternoon on profit
      371 words
    • Article
      KL Tin
      179 8 RENEWED demand from Europo, Japan and local opaiafcw alter toa Eailn holiday holpod tha Kuala Lumpur Tin Martial (KLTM) prtea rtoa 12 cams to SMI ftogg* a kg, tractors aaM. "Tha marfcat araa puahad up at Via opan by strong bMa of 280 tonnoa duo to too pr>vatong
      179 words
    • Article
      Produce Prices
      203 8 Chinese Product Exchange S#W#n noon dosing prt cm an Mor 28 (tt/100 kg) Coconut oil h* FOt ***** Otd drum FOt 118.00 Naw drum FOt 122.00 Copra Mta«d (too—) 65.00 Pepper FOt NLW II .I l-U-717 JO «mi uvw wnnv FOt faq NtW 707JO Sorawak tptdoi Mode FOB
      203 words
    • Article
      Wheat
      193 8 SHARP losses in the neighbouring Chicago Board of Trade corn and soybean futures contributed to sympathetic selling in soft winter wheat on Monday, which cloeed down one to 4-1/4 cents per bushel. Weekend rain across the southern areas of the hard red winter wheat belt and forecasts for rain
      193 words
    • Article
      Soybean
      136 8 ACTIVE commodity fund and speculative sailing sant Chicago Board of Trade soybean futures sharply lower on Monday, with contracts closing down 16 to 12-1/2 cents per bushel. Forecaats for rain in the US midwest encouraged initial selling in soybeans. May closed down 16 cents at 7.66-1/2 dlrs and new
      136 words
    • Article
      RAS and MRELB
      270 8 RAS prices m s c FC IBInbM NOON close Iwytn Mien Ruyors Sellers h* 1 RSS Prompt 206.00 207.00N 207.00 ***** fat 1 RSS Apr 89 2064)0 207.00N 207.00 ***** In* 1 RSS May 205.50 206J0N 206.50 207JO Int 2 RSS Of 199 JO 201 JON 200.00
      270 words
    • Article
      SSR end SMR
      85 8 k-h/kgj Ann 1989 MA Y 1909 tcurrant month) (forwc rH iMwrfkl RAS NO ky«n ON S*n H »ni IIMRIIJ OON Scion SSI 30 184 JO 186J0N 184J0 ItdJON SSt 30 183 JO 184 JON 182.30 1I450N MRELB wy#n Satan Silin SMI CV 389.00 391.00N 391.00 3910QN Sam
      85 words
    • Article
      Lock icon Crude Oil and Products
      140 8 Telerate FUEL OIL PRICES continued to drift higher in the Singapore market yesterday. Volume of trade remained thin but numbers were reportedly firming on bullish harvest sentiment which is being fueled by the stronger prices seen for Simex-S HSFO futures contract and spot crude. Potential buyers
      Telerate  -  140 words
    • Article
      Palm Oil
      381 8 MALAYSIAN crude palm oil prices rebounded from the day's lowa to close marginally higher yesterday on covering and speculative buying. The rise was aided by a similar trend in palm oil futures. Earlier, weaker palm oil futures and Chicago soyoil futures overnight had weighed on prices after the
      381 words
    • Article
      Lock icon S Koreans urged to use more palm oil
      157 8 Bernama SOUTH KOREA will have to buy more palm oil and other edible oils to improve the nutritional balance of its people's food intake, a Korean food researcher said. Mr TW Kwon, president of the Korea Food Research Institute in Banwoi, Kyongki-Do,
      Bernama  -  157 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      58 8 COSMO SECURITIES JAFttN Announcing the opening of Cosmo Securities' new representative office in Singapore on March 29,1989. Singapore Representative Office 16 Raffles Quay, #33/04-06 Hong Leong Building, Singapore 0104 Telephone: *****00 »Fax: *****04 •Telex: R*****9 COSEC Chief Representative: Minoru Inaba Cosmo Securities Co., Ltd. International Division: 16-10, Nihonbashi 1-chome. Chuo-ku,
      58 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      169 9 My office Bi. <4 'JHiiji jNjf* jkj :ii 3 If l*4i A>|Mki .Vv ■<"* *'✓*•*>' -tvtSV^ p f j tr <"M •»a f j I H ■> Va My other office I •Xv 4f e, >. &&fea3iiS -> V .y S£ -I •v *%'5 wmmmmm u I*- ft i* W?
      169 words
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  • PERSPECTIVE
    • Article
      Diplomacy of give-and-take
      484 10 NON-INTERFERENCE, the much-venerated code of behaviour in international diplomacy, has seldom stopped countries from saying or doing what they think is appropriate to their national interests. Such transgressions by thought, word or deed have often been condoned, condemned and, more often than not, ignored by the affected
      484 words
    • Article, Illustration
      Lock icon Not seeing the trees for the wood
      1024 10  -  By MARLISE SIMONS NYT EMBARRASSED by the international outcry against the destruction of the Amazon rain forest, the Brazilian government has begun a nationalist campaign that includes denunciations of foreign meddling and charges that the rich nations themselves covet the the region s
      NYT  -  1,024 words
    • Article
      Lock icon America's vanishing forests
      501 10 NYT THE EASTERN REGION of the United States was once covered with dense forests. Westward to about the 95th meridian, beyond the Mississippi River, mighty trees covered the land, save in what are now Illinois and lowa. Not until the mid-19th century did settlers moving west which
      NYT  -  501 words
    • Article, Illustration
      Lock icon Young peasants flocking to Canton
      606 10 Reuter DROVES of young peasants have flocked to China's most prosperous city, lured by tales of high pay. only to find themselves destitute and stranded far from home. As many as 2.S million migrants swarmed into Canton in the past month, looking for the good
      Reuter  -  606 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      238 10 Wing Tai Holdings Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT 1969 INTERIM REPORT The Directors are pleased to announce that the unaudited consolidated profit after taxation and minority interests for the six ended 31 December, 1988 was 555,027,000, an increase of 39.1 per cent over the corresponding period in
      238 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      44 10 BriStowrßanK Dfrfarc MV RpOIPvTQR ISN'T FUNCTIONING C (VCMIMQ STANDARD CO. LTD., INI-INI Thc rnd procgeos id Give, it comes into th& th£- loss of lire: R00m... Rums his £xP£f?T £N/€ OV£j? -we. pftTi&Nr.. J' J CLolll' \—l—l 7-rnefß)oußLe..... <~ujNtc V 5 1 *JU— 7«T*
      44 words
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  • FOCUS
    • Article, Illustration
      The world of Bangkok's imitation goods
      1126 11  -  The world of imitation goods has always fascinated the shopper, the more so in a vivid and exquisite setting like Bangkok. DAVID CHEW of the Foreign Desk looks at the world of imitation goods in Bangkok, and introduces you to the mechanics of a
      1,126 words
    • Article
      A bargaining session on the sidewalks of Sukhumvit Road
      687 11 NOTHING EXCITES a shopper bored with the fixed-price tags in posh department stores and emporiums more than the prospect of intense bargaining with vendors over the price of goods. He or she has plenty of opportunities to cross swords with vendors
      687 words
    • Article, Illustration
      Copyright piracy a contentious issue in Thai/US ties
      672 11 COPYRIGHT PIRACY has been a contentious issue in Bangkok's trade ties with those developed nations whose investments play a major role in keeping the Thai economy healthy and robust. The US, EC and Japan are unhappy that Thai imitation products are depriving
      672 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      148 11 At The Excelsior, we'd like to change your outlook on business. r I Wd like to change your outlook, because we've recently changed ours. Ufc've had the decorators in and spent around $100 million improving each and every room. Regular guests will notice that the rooms are now brighter and
      148 words
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  • LEISURE
    • Article, Illustration
      Lock icon Drought alters stopover for birds
      731 12 THE ENVIRONMENT NYT AS TEMPERATURES creep above freezing point over the northern great plains of North America, biologists are beginning to worry about the lingering effects that last year's drought wiN have on the region's vast Complex of wetlands and the millions of migratory birds
      NYT  -  731 words
    • SHORT TAKES
      • Article
        Lock icon Louvre's pyramid is inaugurated
        292 13 Agencies THE LOUVRE museum, that grand old dowager of world art houses, is about to take a step into the 21st century. French President Francois Mitterrand today inaugurates a new ultramodern glass-and-steel pyramid situated in Napoleon s courtyard and surrounded by fountains and pools. The pyramid
        Agencies  -  292 words
    • Article, Illustration
      Lock icon Sideshows that could upstage the Oscar
      438 13  -  THE ACADEMY AWARDS By JEFF WILSON AP IT'S Academy Awards time again with the usual tare of glamour, glitz and ballyhoo. But Oscar can easily be upstaged by the Hollywood sideshows sharing the bill. Who's wearing what and with whom the evening s Five
      AP  -  438 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      949 12 'A fci J" Where to entertain ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE OF MAIN COURSES PALM For between $26+ and $40+ you can select from our appetiser CjKILL buffet including seafood, smoked salmon and oysters. Choose from many
      949 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      227 13 So much to choose for only $21.50 A sumptuous spread *rtth many different types of appetisers, hot and cold soups, a salad selection ...superb pastries, truffles, fortes...cheese board, fresh fruit, freshly brewed coffee. All for $21.50 And for $27.50 you can add a roast or a choice of 6 main
      227 words
    • Advertisement
      Page 13 Advertisements Column 2
      65 13 White out of Black t Unlock the secret of Black Tower. A delightfully fruity, light, white wine from the Rhine in Germany; preserved in a pre-Roman shaped, black bottle. OuaHtatsweines Rhesihessefi i(V rKM ANN-WF!NKI; < v I>Nr.«W7M4OJS> 8:1 > Z fiftmony »to" Roman ttaics ns J'■ UMmal A < cr»»
      65 words
    • Advertisement
      Page 13 Advertisements Column 3
      70 13 *1 MID WIH MUCH 111 NKH because at the Hearthrob, we did the cha-cha, tango, samba, waltz, foxtrot, Viennese waltz... it was simply wonderful. The music took us back to another place, I another time. So tonight, we're not staying home we're going down to the Hearthrob to dance i
      70 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      658 13 CRYPTIC PUZZLE ACROSS 1 Microscopic smudge? (5) 6 Is s person surrounded by water! (5) 9 A cross Mediterranean type (7) 10 Smoke for which there are two ways out (5) 11 Nicest place for miles around (5) 12 They look nippy (5) 13 On the set, they may give
      658 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1305 13 TV and RADIO Man-eaters in India < -'A .4. %l% M I%L -sn i-. >m\ > 'V v v;. OUR CHOICE FOREST OF FEAR, 9.35pm, Channel 12 The natives who live in the Sunderbans forest in India live in constant fear because of man-eating tigers. They originate from the Bengali
      1,305 words
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  • SPORTS
    • Article, Illustration
      Ian Botham still bowling them over
      476 14  -  CRICKET By A SURENDREN ONLY A STAR can keep you waiting like an idiot in the bar while he goes off to take a nap in the dressing room. The pleasure of meeting lan Botham, England cricket star and rake nonpareil off the crease,
      476 words
    • Article, Illustration
      Lock icon Top seeds becoming endangered species
      460 14 TENNIS AP YANNICK NOAH, Thomas Muster and unseeded Carl-Uwe Steeb was scheduled to see action yesterday in the quarter-finals of the International Players Championships in Key Biscayne, Florida. Noah became ill in the fifth set on Monday against Jakob Hlasek, but the Frenchman recovered to
      AP  -  460 words
    • Article
      Friendly match ends in draw
      350 14 ABOUT 200 cricket buffs watched their heroes lan Botham, Graeme Hick and Graham Oilley lead Worcestershire to a draw against the Singapore Cricket Association Invitational XI at the Padang yesterday in an unlimited overs friendly game. Worcs won the toss and went into bat, scoring
      350 words
    • Article, Illustration
      Curren slated for Epson event
      415 14  -  By CHARLES SAVAGE KEVIN CURREN. No. 20 on the ATP singles ranking, will be the star of the $250,000 Epson Singapore Super Tennis Grand Prix tournament at Kallang from April 24 to 30. The 31-year-old South Afri-can-born American (ninth doubles) will partner Australia's John Fitzgerald
      415 words
    • Article
      Lock icon IMG wins ATP marketing deal
      89 14 AP TH6 ATP TOUR has hired International Management Group of Cleveland as a marketing agent in an agreement that will pay the men's tennis organisation a minimum of US$56.l million in 1990-82. IMG would sell sponsor rights and domestic and international television packages, said Hamilton
      AP  -  89 words
    • Article, Illustration
      Lock icon Upbeat mood in Ferrari camp
      467 14 FORMULA ONE RACING AFP NIGEL MANSELL, a Briton driving a British-designed Ferrari, will be given a hero's welcome when the Formula One circus pitches its tent at San Marino on April 23. Mansell's vintage win in the Brazilian Grand Prix in Rio de Janeiro last
      AFP  -  467 words
    • Article
      Lock icon Suzuki's Grand Prix hopes riding on Schwantz
      226 14 MOTORCYCLING AFP KEVIN SCHWANTZ, who won the season-opening Japan Grand Prix for the second straight year last Sunday, is banking that a much improved Suzuki will make him the man to beat on the 500 cc world motorcycle circuit against three reigning and
      AFP  -  226 words
    • Article
      Lock icon Record bid runs into trouble
      129 14 YACHTING AFP FRENCH YACHTSMAN Philippe Monnet's attempt to break the New York to San Francisco sailing record has been effectively quashed by serious damage to his trimaran, Elle et Vire. A chainplate split in heavy weather and he could lose his mast at any moment.
      AFP  -  129 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      136 14 NEW ISSUE This announcement appears as a matter of record only. 23 rd March, 1989 ADC ASAHI GLASS COMRANY ASAHI GLASS COMPANY, LIMITED NLG 200,000,000 1 per cent. Notes due 1993 with Warrants to subscribe for shares of common stock of Asahi Glass Company, Limited ISSUE PRICE 100 PER CENT.
      136 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon KLSE raps Roxy for breaching listing rules
      425 15 MBT THE KUALA LUMPUR Stock Exchange (KLSE) has publicly reprimanded Roxy Electric Industries for breaching its listing requirements. KLSE executive chairman Nik Mohamed Din said in a statement that Roxy had breached sections 36, 114 and 116 of the listing requirements in connection
      MBT  -  425 words
    • Article, Illustration
      Lock icon The two who sold that 4.5pc MUI stake to IGB
      320 15 MBT TWO COMPANIES related to Malayan United Industries (MUI) chairman Tan Sri Khoo Kay Peng have disposed of 34 million shares or almost 10 per cent of the equity in MUI at an average price of M 53.26 each or
      MBT  -  320 words
    • Article
      Lock icon General Lumber clinches M$1.6b timber project in PNG
      380 15 NST GENERAL LUMBER (Holdings) Bhd has been awarded the rights to carry out a Msl.6 billion Arawe timber project in Papua New Guinea. Through its wholly-owned subsidiary, Cakara Alam P/L, General Lumber beat 14 other foreign companies to clinch the rights to
      NST  -  380 words
    • Article
      Parkway profit jumps 177 pc to $33.6 m
      526 15  -  By MAGDALENE NG PROPERTY GROUP Parkway Holdinga Ltd has rounded off a year of aggressive expansion internationally with an almost two-fold jump in group profit after tax and minorities but before extraordinaries to $33.63 million for 1988. from $12.12 million previously. On
      526 words
    • Article
      Straits Properties plans $17m housing project
      143 15 STRAITS PROPERTIES Ltd, a wholly-owned subsidiary of listed Straits Steamship Co Ltd, will spend $17 million to develop a residential property at Upper Paya Lebar Road. In an announcement yesterday. the company said the development will be on an $8.31 million plot of land
      143 words
    • Article
      Hiap Moh turns in higher profits than earlier forecast
      361 15 SINGAPORE'S leading paper merchant and stockist. Hiap Moh Corporation Ltd. has exceeded the profit forecast it made before coming on board Sesdaq last year. For the year ended Dec 31, 1988, group after-tax profit amounted to $1.78 million compared with the
      361 words
    • SES
      • Article, Illustration
        Market hits year's high as investors continue to focus on lower liners
        1133 16  -  ANDREA BORCH ANOTHER DAY of active trading in lower-priced stocks and warrants pushed the local market up to a new high for the year yesterday. The Straits Times Industrials Index gained 4.6 points to 1,188.50, inching past its
        1,133 words
      • Article
        COMPANY MEETINGS
        129 16 GOOOWOOO PARK HOTEL UfHTEO: 41st AQM at the Tudor Ballroom, Goodwood P#k Hotel. 22 Scotta Road. Siagapore 0922 on Thuraday, March 30, at 11.45 am HOTEL MALAYSIA LIMITED: 26th AGM at the Tudor Ballroom, Goodwood Park Hotel, 22 Scotta Road, Singapore 0922 on March 30 at 11.30 am
        129 words
      • Article
        APPROVED ISSUES
        118 16 Company RIGHTS ISSUE D C Bank Ono-tor-two <Q $0 75 p •r star* Ex -dote March 9 Books ck>M; March 23 Accoptoac* Payawnt: Moy 12 George Town TVoo-for-two $100 p#r Shor* Ex-dot*: Morch 13 Books dos* Morch 28 Acc*p*onc* 4 foynwnt: Moy 12 Inno-Pocific Throo-tor-two $1 30 par
        118 words
      • Article
        PROPOSED ISSUES
        309 16 Company RIGHTS ISSUE Ayer Hitom Tin One-for-one $1 10 per shore Berjaya Corpn One-for-one $1 00 par per shore C 1 Holdings 27 nwllton loon stocks in the ratio of 13 loon stock (or every five ordinory -L t.U Causeway Inv vtO'fl f>6K; Issue of $7,252,937 nominal amount
        309 words
    • Article
      SES SHARE INFORMATION
      5906 16 Vol Day Gfs Or** 1966/ 66 Tal Laet orL Ml OlK Ma Dtv Dtv Y*ld Net M CM Ugh Low Cod* Company MAR 26 rooo) High L am Bi iy«r Se Her Cw P/E SECTION ONE r MOUSTRIAL A COMMERCIAL 162 95 S 1000 Acme 143 1
      5,906 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices finish mixed
        3446 17 MBT AN ENCOURAGING START failed to develop into rally at the Kuala Lumpur stock market yesterday due to lack ot follow-through support, and share prices ended on a mixed note. A dealer said the market's performance despite several favourable factors was a disappointment The market failed
        MBT  -  3,446 words
    • REGIONAL MARKETS
      • Article
        Lock icon Swire tipped to post HK$3b profit
        505 18 Airline, properties to be main contributors Reuter SWIRE PACIFIC LTD, the bluest of Hongkong's blue chips, is tipped by analysts to show a HKS3 billion net profit for 1968. "We are looking for most of the profit to come from Cathay Pacific and properties,"
        Reuter  -  505 words
      • Article
        Cathay Pacific shares slide despite sterling results
        391 18  -  By FOO CHOY PENG MARKET WATCHERS, hoping that this week's release of expected good results by a series of blue-chip stocks will check the market's slide, are likely to be disappointed. Although Cathay Pacific, the first to announce its corporate results this week,
        391 words
      • Article, Illustration
        Lock icon Nikkei Average soars
        506 18 Tokyo UPI SPURRED BY bullish prospects for the new fiscal year atarting April 1, share pricee scored the Isrgest single-session gain this year in active trading on the Tokyo Stock Exchange yesterday. The Nikkei Average of 225 selected issues, which toll 56.12 yen on Monday, soared 793.06
        UPI  -  506 words
      • Article
        Lock icon Record Japanese steel profits
        199 18 Reuter FOUR OF JAPAN s six major stealmakers will report record profits in the year ending March 31, 1969, company spokesmen said. Analysts expect earnings at all six to grow in the next two years. "The steel industry is no longer a declining industry, but has
        Reuter  -  199 words
      • Article, Illustration
        Stocks finish lower in quiet trade
        1304 18 Hongkong HONGKONG STOCKS slid in quiet directionless trad* yesterday with local speculator* responsible (or most of the limited activity that occurred, brokers said. "Local players seem willing to bet on strictly local news such as the land auction and takeover bids but the foreign
        1,304 words
      • Article
        BONDS, LOANS & WARRANTS
        683 18 BONDS, LOANS WARRANTS Owp—y Expiry/ Coupon C—wwIon parted telwwl f i l S maturity <%> peyebte •here date CK Tang Wrts *****990 Anytime to May 31, 1990 1 warrant plus $2.25 cash Chuon Hup Wrts 1991 Anytime on or after Mar 1987 1.6 warrants plus SI .60 cash. until Dec
        683 words
      • Article, Illustration
        Lock icon Directionless trading
        513 18 Australia Reuter THE AUSTRALIAN share market was virtually unchanged by the cloee yesterdsy sfter one of its quietest trading days, brokers said. They said the national market ignored overseas trends and drifted in a narrow range with negligible support coming from cashed-up institutions. "It was deadly dull." one
        Reuter  -  513 words
      • Article
        Lock icon Taipei: Slightly higher
        432 18 Reuter THE TAIWAN slock index ended slightly higher yesterday sftsr wavering unsteadily for most of the day. dealers said. The weighted index roee 45.61 points, or 0.0 per cent, to end at 7,420.40 against Monday's 7,382 08 finish and a low of 7.252.54 logged earlier. Turnover dropped
        Reuter  -  432 words
      • Article
        Lock icon Seoul: Stocks higher
        179 18 Reuter SEOUL STOCKS moved higher yesterday as investors rekindled their interest in domestic issues snd prspsrsd for sn sctivs April, brokers said. Ths composite stock index wss up 5.44 points to 978.53 at the cloee. Turnover was moderate at 424.7 billion won against 368.8 billion on Monday,
        Reuter  -  179 words
      • Article
        Lock icon New Zealand: Easier close
        97 18 Reuter THE NEW ZEALAND share msrkst yestsrdsy drifted to s lower close following s dsy described by brokers ss unsvsntful snd dull. Similsrly quiet trsds is expected for the rest of the week, but brokers said ths msrkst's lethargic mood would msks it especislly vulnsrsbls to
        Reuter  -  97 words
      • Article
        Lock icon Bangkok: Index up
        94 18 Reuter THE Securities Exchange of Thailand Index rose 2.40 points to 437.50 yesterday on a turnover of 5.567,502 sharea worth 468.65 million baht. ►.I-•!,% v'.yv^: Corn Ml Coamadc 10 532 ic 261 unch ♦6 +4 2 JaiapraVtan gw—t Matai Bqr Post PubMaMng Saha Union Stem CuDtnt StamCNy
        Reuter  -  94 words
      • Article
        Lock icon Bombay: Further increase
        187 18 Reuter BOMBAY share prices finished higher in heavy trading yesterday for the second day in a row aa buyera shed fiscal year-end lethargy to support the market, brokers said. They aakJ expectations of improved corporate results and anticipated heavy purchases by institutions in early April spurred all-round
        Reuter  -  187 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Ueberroth in discussions to buy Eastern Airlines
        698 19 AP PETER V UEBERROTH, the financial wizard who made millions for the Olympics and baseball, is discussing a purchase of strikebound Eastern Airlines. An offer from Mr Ueberroth may be presented to the board of directors of Eastern's parent Texas Air Corp in
        AP  -  698 words
      • Article, Illustration
        Lock icon Prices rise in light trading
        806 19 New York Reuter WALL STREET stocks closed higher on Monday in the slowest trading since the end of 1988. Analysts said the higher finish provided a psychological lift, but the light volume indicated that investors lacked conviction about the market's direction. The Dow Jones Industrial
        Reuter  -  806 words
      • Article
        Lock icon Analysts expect Burmah Oil's results to be clouded by accounting changes
        450 19 Reuter SHARE ANALYSTS have said that the 1968 earnings of Burmah Oil Co pic. due on Thursday, will be clouded by accounting changes and the treatment of property sales. Those for London and Scottish Marine Oil pic (Lasmo) will
        Reuter  -  450 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        709 19 Reuter LONDON: UK share prices were marked a few pence higher in quiet early trading yesterday, mostly in response to a near 800-point gain on the Tokyo market yesterday and a 15-point rise on Wall Street on Monday. But the gains are expected to be limited by
        Reuter  -  709 words
      • Article, Illustration
        Lock icon Trans World Airlines expected to disclose US$3b Airbus order
        574 19 NYT TRANS WORLD AIRLINES Inc is expected to announce that it has ordered more than US$3 billion worth of wide-body jetliners from Airbus Industries in a major move to upgrade its aging fleet, industry officials said. The order, including 20 A
        NYT  -  574 words
      • Article
        Lock icon US queries Emery on rival offers
        197 19 NYT THE US Justice Oepsrtment has asked the Emery Air Freight Corp to determine if there are any parties interested in acquiring the company other than Consolidated Freightways Inc. which sgreed last month to buy Emery for US$23O million. Emery said on Monday that
        NYT  -  197 words
      • Article
        Lock icon Shamrock agrees to drop takeover bid for Polaroid
        664 19 NYT AGREEING to pass on to shareholdars a sizeable chunk of damages it receives from the Eastman Kodak Co for patent infringement. the Polaroid Corp on Monday reached a peace pact with Shamrock Holdings Inc. which has been trying to take over
        NYT  -  664 words
      • Article
        Lock icon Motorola shifts litigation arena
        145 19 AFP MOTOROLA INC hat shifted the legal arena of a patent-Infringement litigation against Hitachi Ltd. dropping a suit filed in Chicago and filing an almost identical one in Texas, officials of both companies have said. The Chicago suit in January accused Hitachi of infringing on at
        AFP  -  145 words
    • Article
      US rules against local ball bearing exporters
      625 20  -  Trade Development Board regrets findings of dumping By WALTON MORAIS IN A FINAL ruling following a year of investigations, the US Commerce Department has found that Singapore's ball bearing exporters were dumping their products on US markets and receiving government subsidies. The department
      625 words
    • Article
      Lock icon US wants more active role in Cambodian solution
      305 20 Oana-TNA UPI THE UNITED STATES wants to play an active and constructive role in the resolution of the Cambodian problem, Thai Foreign Ministry spokesman Jetn Sucharitkyl said. Mr Jetn said that US congressman Steven Solarz made the statement during a meeting with
      Oana-TNA; UPI  -  305 words
    • Article
      CityDev's $100,000 bid for ball stirs corporate interest
      231 20  -  tr CHARLES SAVAGE CORPORATE INTEREST is stirring after BT's weekend article about the record-setting Ssloo,ooo that Kwek Leng Joo's CityDev has bid for a soccer ball. CityDev's remains the best offer but some local and foreign companies, including at least one Japanese
      231 words
    • Article, Illustration
      Lock icon Polls to select village officers complete Aquino's overhaul of political system
      232 20 AFP SOME 23 MILLION Filipinos went to largely peaceful polls yesterday to elect village officers, completing the overhaul of the Philippines' political system under President Corazon Aquino. But, at the same time, the elections opened the government up to
      AFP  -  232 words
    • Article
      Lock icon Malaysian growth estimate raised from 6.5pc to 7.1pc
      331 20 AFP BANK NEGARA. Malaysia's central bank, said yesterday that it had upwardly revised the country's growth rate from 6.5 per cent to 7.1 per cent for this year but added that it was concerned about rising prices and unemployment. Central bank governor
      AFP  -  331 words
    • Article
      Lock icon Prime Minister Lee's Star libel suit 'chilling', says lawyer
      167 20 Bernama PRIME MINISTER Lee Kuan Yew's claim of being defamed in a political commentary published in a Malaysian newspaper has a serious "chilling" effect on the fundamental right of free speech and expression and freedom of the press, the Malaysian High
      Bernama  -  167 words
    • Article
      United Engineers Ltd ends its 10-year bad spell
      441 20  -  By ROSIE TAN WINDFALL from the sale of shares in associated company United Engineers (Malaysia) Bhd (UEM) has lifted United Engineers Ltd to a bottom-line profit of $74.68 million for 1988 from a loss of $3.17 million the year before. This year.
      441 words
    • Article
      Lock icon Comex gold
      101 20 Reuter COMEX GOLD futures edged up early yesterday on odd lot buying against a lower dollar but the market lacked features. The large traders were sidelined, fearing that a correction in the crude oil market could drag gold down, analysts said. April gold was up US$O.4O at U*****.00
      Reuter  -  101 words
    • Article
      S'pore gives tacit support to Asia-Pacific forum
      440 20  -  By JOHN THOMAS SINGAPORE yesterday gave tacit support to various proposals for an economic forum of Asia-Pacific countries, but urged potential members to consider issues of human resources development, free trade and investment. "These are three basic requirements for sustained economic growth and
      440 words
    • Article
      Lock icon Bank Negara may sell stakes In three banks
      179 20 Bernama BANK NEGARA Governor Tan Sri Jaffar Hussein said the central bank may in future allow strong foreign banks to buy up its stakes held in the three Malaysian banks under its rescue plan. "Our presence in the three banks, namely the
      Bernama  -  179 words
    • LATE FILE
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        Lock icon Former minister arrested in Japan
        66 20 AP JAPANESE prosecutors arrested a former government vice-minister and formally charged another yesterday in a stock-profiteering scandal that has rocked Prime Minister Takeshita's administration. The latest arrest, the 13th in the case, came one day after prosecutors formally charged Hisashi Shinto, former chairman of the
        AP  -  66 words
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        Lock icon Military academy chief sacked
        48 20 Reuter THE South Korean government sacked the chief of the country's military academy, Lieutenant General Min Byong-don, in an abrupt reshuffle of 49 top generals. Analysts said Min had challenged President Roh Taewoo's policies towards protest at home and attempted detente with North Korea.
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        Lock icon Thai Premier arrives in India
        59 20 UPI THAI Prime Minister Chatichai Choonhavan arrived in New Delhi yesterday on a five-day official visit during which he will discuss bilateral relations, economic cooperation and efforts to settle the Cambodian conflict. He is the first Thai Prime Minister to visit India since the two
        UPI  -  59 words
  • Page 15 Advertisements
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      205 15 This announcement appears as a matter of record only. New Issue (European Tranche) 23rd March, 1989 AGC ASAHI GLASS COMPANY ASAHI GLASS COMPANY, LIMITED US. $600,000,000 4'A per cent. Notes 1993 with Warrants to subscribe for shares of common stock ofAsahi Glass Company, Limited Issue Price 100 per cent. Yamaichi
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      222 15 CURRENCY INVESTMENT AMI Kl( AN i M'K! SS »A\K TEL: 321 3333 These securities have been sold outside the United States of America and Japan. This announcement appears as a matter of record only. NEW ISSUE (Asian Tranche) 23rd March, 1989 ASAHI GLASS COMPANY ASAHI GLASS COMPANY, LIMITED U.S. $600,000,000
      222 words
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      58 18 GET THAT JOB! THE JOB SEEKER'S GUIDE provides you with comprehensive, practical, step by step guidance on the entire process of job hunting. Features research on the prospective job and employer, r6sum6, letter of application, job interviews, common questions asked and checklist for that big decision. at all good bookshops
      58 words
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      4 19 Chart Point every Saturday
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      20 19 COMPTON'S ENCYCLOPEDIA The complete all-family reference source essential in every home where knowledge and education are respected. Call *****98 *****22
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      9 19 Managers must manage, BT shows you how, every Monday
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      307 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 AND IN THE MATTER OF MULTIPLE INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN In pursuance to Section 908(1) of the Companies Act, Cap. 50. that a Final General Meeting of the abovenamed Company will be held at
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      370 19 NOTICES IN THE MATTER OF THE COMPANIES ACT, 18 CAP. 90 AND o IN THE MATTER OF IvkJ <1» I (ASIA) PTE LTD (In Members' Voluntary Winding Up) NOTICE IS HEREBY 01-" VEN that the creditors of* the abovenamed company,); which Is being voluntarily wound up. are required on or
      370 words
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      60 20 Desk Top Pad Holder from USA, worth $9.50 With purchase of CIMGH& :-ON NOTES I (12 pads totalling i $18.90) 46 V -ft* S (^3-S-' Sole Agenf A'aidiCoWlUi Tel: 271 9222 Fax 278 >639 6 pads of 1 W x 2" 85t eoch 6 pads of 3" x 5" $2.30
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      8 20 Central bank aims to stablllaa rtngglt, PAGE 7
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      181 20 WHY START AT THE BOTTOM WHEN YOU CAN STAST AT THE TOE 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 services. Residential and Commercial Property Loans Hire
      181 words
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  • SHIPPING TIMES
    • Article
      Summit Transportation plans second warehouse
      423 21  -  By RAHITA ELIAS BARELY two months after the official opening of its first warehouse, Summit Transportation and Warehousing (STW) is already in the midst of planning for a second warehouse. Chairman Sim Teng Peng informed Shipping Times that the warehouse will be located either at
      423 words
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      ASMI leads team to Marine Indonesia '89
      336 21 THE ASSOCIATION of Singapore Marine Industries (ASMI) will be leading a team of Singapore shiprepairers, shipbuilders and electronics companies to Marine Indonesia 89. which will be held from today to April 1. ASMI s participation at the exhibition is sponsored by the Trade
      336 words
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      Lock icon Daewoo will not accept bailout plan
      335 21 UPI DAEWOO Shipbuilding and Heavy Machinery Co said it cannot accept a government bailout plan to get it out of a serious financial difficulty because the offer was not enough to get the debt-ridden firm back into normal operations. A spokesman for the company,
      UPI  -  335 words
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      Seamen call off strike
      180 21 INDIAN seamen have called off a four-day strike after the government agreed to put in abeyance an order preventing them from joining foreign flag ships. Indian labour leaders said. The Indian Seafarers' Federation (ISF) chief secretary Leo Barnes said unions and the Indian National Shipowners' Association
      180 words
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      Lock icon Container — an indicator in traffic direction
      1028 22 Container an indicator in traffic direction Investment in European container facilities has been most noticeable at Rotterdam, now in second place behind Hongkong with 3.2 million TEUs, and Antwerp where 1.55 million TEUs showed an 8 per cent growth. Fairplay AS EUROPEAN port figures emerge this year covering cargo handling
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      INDEX TO ADVERTISERS
      813 22 s MkMD, *tc Co■■»!■>> 1 um), Ml n Acco* SNx VI 1/2 KM law 1 Atoaaiwl la* 1 4 VM A»~o. Sw Aj# V 3 AJM'om IV 1 AC 10 5 ««.«r«< i os* n Aaro W><« IV 2/3 MttC U A>fO» Iw IX t MTM IV
      813 words
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      Yard price rises unlikely to stop, says Platou group
      398 23 Building capacity still being reduced THE RISE in shipbuilding prices is unlikely to stop in the near future, according to the annual industry report from Norway's Platou group. The report says the end-1988 price level was still hardly enough to cover
      398 words
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      CONSORTIA
      162 23 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (Far East/Europe): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (Straits/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd Lines
      162 words
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      Lock icon Exxon chief overwhelmed by clean-up
      152 23 AP STRONG winds delayed efforts to control a huge oil spill in Prince William Sound, and the president of Exxon Shipping said the company was "a little overwhelmed" by the magnitude of the clean-up. Federal investigators piecing together the sequence of events leading up to
      AP  -  152 words
    • Article
      ITWF may declare Manila a FoC nation
      333 23 THE London-based International Transport Workers Federation (ITWF) has threatened to declare the Philippine register a flag of convenience (FoC) country, shipping industry sources said. The ITWF threat stemmed from Manila's alleged continued use of its bareboat chartering programme to scale down seamen's wages,
      333 words
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      SHIPPING LIST
      9516 28 MMM Nippon ica. Trlot March 29 Villa de Max CM 0 Altreiemenl March X Toiege Bay. Trtot March 30 E«ar Glamour Evergreen March 30 M Perie Maafak Una March 30 Ming Energy Yang Ming. April 1 Nihon ScanOulcht April 3 LJ Bontang o|aaagetri April 1/8 Noreaie Al Muntazah
      9,516 words
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      SHIPS IN PORT
      1258 28 AT COM> 14.11 TTvT^H B«n Arrival Departure KEPPEL WHARVES bMf at it'i 03 7200 Mk ra 0«CK>gft«te 29 03/0700 Eaaar" Ctory m eky<g^de 2*03.1800 CoW Ahaa «i» «o^wb« 29 (XV >200 win ao nin ipuda 29 03, l S00 *©»o to* Ol mri >giH Jl 03.1830 Monoig
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      909 21 Ttmcs Pu&ishinq Croup Pedicrtfed fo st!»vice Jardines 200 Cantomnant Road #U-06 Souflipotnt, Srngapara 0201 TM 22M011 TEIiX NO 2417? TEJWINAIVCn TM *****11 220 BOOKINGS Tai *****34 235 PtSAKA JAROINE SNIPPING AGENCIES SON »M> PORT KELANG TIL *****11 TMu No. MA*****/MA***** PENANfi TIL *****4 TUEX NO MA***** CfS TEL 349KX P
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      1087 21 TIMES STP Distributors s"?C Sl** 1 MAERSK LINE ETA ETD DESTINATIONS TIM* L*xa M CMelng Tim* CV 3/4 MOO MRS CFB 3/4 2000 MRS 4/4 5/4 11/4 12/4 IS/4 19/4 25/4 26/4 2/5 3/5 9/5 10/5 16/5 W/5 23/5 24/5 L£XA M MCKINNEY M LEDA M LICA M MARIT U
      1,087 words
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      564 22 ft Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP NIPPONiCA TOCAGA BAY HONGKONG EXPRESS MONTE ROSA ALASKA MARU CITY OF EDINBURGH LARGS BAY BONN EXPRESS ALSO ACCEPTING CARGO TO ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG, MALMO. HELSINKI. OSLO. AMSTEMMM, CARIBBEAN S AMERICA CONTAINER
      564 words
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      57 22 Lines and services represented by Members of the Registry of Accredited (5 Shipping Agents, Singapore National Shipping Association. C SAV Corvojru SuC American J do t'j acres S iir» e». 'f. CARGO FOR PUNTA ARENAS. TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Agents fl||P Sinfripore 1212}00 K l umpur
      57 words
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      Page 22 Advertisements Column 3
      833 22 REGULAR INDEPENDENT RILL CONTAINER SERVICE TO EUROPE NORTH SEA VMB-3 25/3 2S/3 NORASIA AL MUNTAZAH VHO4-3 1/4 2/4 NOR ASIA SAMANTHA VMB-3 17/4 11/4 WOENSORECHT VWO6-3 25/4 2S/4 Bremen via Hamburg TO MEDITERRANEAN (via feeder) PEN PKL SIN PIR BCL/VLC ALX* TRI* KOPER*VCP ANC* NORTH SEA VWO3-3 25/3 28/3 29/3
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      1164 23 CJ The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak. Brunei Ports and Bangkok I CONTAINER SERVICE TO UK/CONTINENT PEGASUS PIONEER V24N PEGASUS PROGRESS VSC4N SPORE I'M* 30-31 Mar 02 «3 Apr 02-03 Apr 06-45 Apr BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 Ofrf.T: |CONTAINERSHIP SERVICE FROM
      1,164 words
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      Page 23 Advertisements Column 2
      620 23 EURO BOX LINE EXPRESS CONTR SVC TO CANARY ISLES, PORTUGAL, W. MEO kcotm Fa a La ra ml botmimb ram LtM CALLM AT CMB m ILN UK PALMAS, TBBUR urn lbh m ilm umm, isms mum m ilm cam mbmlk okalta ummi evkb m tin us palmax. tbhf Mm anfef
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      Page 23 Advertisements Column 3
      144 23 NOTICE REMOVAL NOTICE V SHIPPING ASSISTANCE PTE. LTD. PROMAR MANAGEMENT PTE. LTD. PANAMA SURVEYING SERVICES PTE. LTD. Professional marine services for:1. Matters pertaining to registrations of ships, 2. Radio accounting authority services, 3. Representatives of Panama and Honduras surveying institutions authorized to issue all statutory certificates. W.e.f. from 27th March,
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  • Page 24 Advertisements
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      480 24 mSINOSE MARITIME PTE LTD 051 ISLAMIC Rt PUBLIC OF IRAN SHIPPING LINKS IRANIAN SERVICE IRAN BAYAN PJLMI Singapore Loading for:Sid BANDAR ABBAS T*7OWAV KYOWA LINE mother VSL KYOWA VIOLET V.24 KYOWA HIBISCUS V X HK LOAD FOR: 31/3 VILA, NMA. LTK. SUVA, PACO, APIA 21/4 GUAM, SAIPAN, HRA, VILA, NMA.
      480 words
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      Page 24 Advertisements Column 2
      1020 24 <5 HANJIN SHIPPING CO M LTD. FVU.Y CON r AtNERISED SERVICE" TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST TO PACIFIC NORTH WEST CANADA FROM EUROPE VIA SUEZ CONVENTIONAL SERVICE TO PERSIAN GULF TO EAST COAST (ALL WATER SERVICE, INBOUNO SERVICE FROM USA.CANADA lIM HAUL HANJIN KEELUK m LA*
      1,020 words
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      Page 24 Advertisements Column 3
      777 24 EVERGREEN Full Confine- Service Round-The-World East Bound (FE/CARIB/USEC/EURQ/FE) PKL scp ever colden am nm EVER CLOSE ttm EVER GENIUS 1241 13* EVER GIANT IMM 2QA4 EVER GENTRY 2Mt 21*4 EVER GATHER OMB Mto ALSO ACCEPTING CARGO TO: 1) PROVIOtNCE NEWARK SAVANNAH BOSTON WILMINGTON MMRUDA ITC 2) ATLANTA. CHICAGO, DETROIT. COLUMBUS
      777 words
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  • Page 25 Advertisements
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      852 25 s w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES [FAR EAST KOS BUS 10/4 12/4 19/4 21/4 ACCEPTING MURURAN/TOMAKOMAI/HITACM CARGO VIA HKQ 1 JAKARTA SURABAYA/SEMARANG XINGANG QINGDAO BLW PEN FKL 31/3 1/4 2/4 7/4 «/4 «/4 11/4 13/4 14/4 MNO OCEAN SMO
      852 words
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      465 25 \rm BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN ASIA I(VJ SHIPPING NEW CALEDONIA, FIJI AND SIN MAIN LINE (TS) HKG NOUMEA SUVA AKL NAP 31/3 E.R. BRUSSEL VOYSS 14/4 6/5 11/5 14/5 15/4 TA VOYAGER IS 23/4
      465 words
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      Page 25 Advertisements Column 3
      603 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY S PORE ANTWERP H BURG/ ROAM/ADAM BREMEN L. J. BONTANG/17W6 3-6/4 7/5 12/5 MAT A P A M 2 3W B 11-14/4 11/5 18/5
      603 words
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      Page 25 Advertisements Column 4
      409 25 BOUSTEAO SHIPPING AGENCIES MYOMAYWA VU» PA AN VI3CW PAGAN VI4OW HTONEYWA V246W BURMA FIVE STAR shiphhb MMIM (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok NORTHBOUND TO UKC SPORE ROAM HMfiG HULL CLYDEBANK V2SN In Pt 27/4 1/5 4/5 TAMATAI SAMOA VISN 23/4 20 5 24 5 10/6
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      383 26 Lkl KAWASAKI KISLN KAISHA. LTD. K LlNfc EXPORT I IMPORT FT" :T:II i H i mfmn FPSPSFF liar E. VENTURE V 29 C R ABIDJAN V23W KRITI JADE V 4 VAL 7541F VENTO 140SF N. COLOMBO 7640F OSAKA MARU 7745F (CR No: **********0 M) AS AGENTS KAWASAKI SINGAPORE (PTE) LTD
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      Page 26 Advertisements Column 2
      491 26 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contains S>na>po>« P K)Un( Loading tar W By Faadar By Faadar TULSIOAS ¥40 SAV JO Mtr 30 Mar tramlMb >*<< fcM KALIOAS *42 9 M,, J May 3 Ma, rram/tta*/S,dn/Ad«l TUISIOAS ¥.41 31 May 25 May 25 May Fram/Maft/Srfn/Adal KAIIDAS ¥.43 X turn NJm
      491 words
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      Page 26 Advertisements Column 3
      528 26 RAITS/PERSIAN GULF SERVICE: DCN HAVEN Catanto/KarachiDubai DH KAR Cotomto/Karachi Dubai INA SIITVICI A VESSEL Huangpu Shanghai GOLDEN LINE GIMN CUAN SMWNC (Pit) LID (I, f«Mi A mm Str«#t SINCA*Mf MM rtl U4MM <10 UNtS) (u U4UO4 JIF SERVICE: S'pof. PKelar, Penang rachi Dubai M Apr Kki/Outei 14/14 Apr CHINA OCEAN
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      Page 26 Advertisements Column 4
      449 26 LINES PTE LTD| HEAD OFFICE 63 ROBINSON ROAD »07-12 AFRO-ASIA BUILDING. SINGAPORE 0106 TELEX: RS ***** PHILI FAX *****76 ETA SINGAPORE I DESTINATION 1/f *4. M NEW GENTRAOE 131/3 EAST/WEST AfWCA/MB. FCi LCI fffW 'MOMBASA, DARESSALAM ASSAB BEIRA, TAMATAVC. p. SUDAN. REUNION. TANGA, P. SUEZ ABIDJAN, DOULA. DAKAR. MONROVIA. TEMA.
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      688 27 EXPORT IMPORT fTrffTmmmM FEEDER VSL N Ivory lON N. Emerald 06N N. Ivory UN N. Emerald 07N MOTHER VSL STL VAN CHI TOR MON O. Patriot 56E 24/4 26/4 27/4 3/5 4/5 N. Diamond 82E 1/5 3/5 4/5 10/5 11/5 O. Explorer 48E 8/5 10/5 11/5 17/5 18/5 N. Crystal
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      388 27 HEUNG-A SHIPPING Korean Flag Vessels SEMi- CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG KEELUNG BUSAN INCHON •9 Vessel's Nam ETD BS SPO«E PKLG KEE BUSAN HO JI NO I DONAM/9Q3N 16/03 In Port 30-31/03 01-01/04 11-13/04 12/04 'DRAGNET/M3N 23/03 04-05/04 02-03/04 13-13/04 18-19/04 19/04 NO 9 DON AM/903N 30/03 09-11/04
      388 words
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      Page 27 Advertisements Column 3
      199 27 tlx JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PORT KELANG PENANG BANGKOK HONG KOMG CHINA KAOHSIUNC KEELUNG 31/3 ft 4/4 31/3 ft 4/4 30/3 ft 2/4 30 3ft 2/4 30 3* 2/4 2/4 ft 4/4 2/4 ft 4/4 SRI LANKA/
      199 words
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      Page 27 Advertisements Column 4
      801 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANC P. KELANG MESSRS HAI IHONC SNIPPING 12/ Pw** Str«wt, Malaytu MfS HANDLING SYSTEM CO SON BHO
      801 words
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  • Page 28 Advertisements
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      299 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. rtl 225 6888 {14 Uwi) FAX 22V243«)/*****/6 rtllX HS 2').188 A/B S-SCMA. MS 2'))8') A/l» S.SCAI) DSR-LINES m ,'£B O0J Tc nACHT ROSTOCK i INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE ■VIA LAANACA: ACCEPTING CARGO FOR LIMASSOL BEIRUT, LATTAKIA.
      299 words
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      Page 28 Advertisements Column 2
      51 28 T.S K. LIME WEEKLY CONTAINERISED SERVICE WITH fIXEO 0A y ARRIVAL TSKLINE AGENCIES (S) PTE LTD TEL: 225M68 W MALAYSIA AGENT: TRANS-ASIA SHIPPING CORP. TEL: K L, *****77 PKL *****64 PNG *****2 HINODE KISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE MIDDLE EAST REGULAR LINER SINGAPORE SHIPPING CORPN (PTE) LTD TEL:
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      Page 28 Advertisements Column 3
      172 28 SIGMA EXPRESS (S) PTE LTD (INTERNATIONAL FREIGHT FORWARDERS) TEL: *****44 (6 Lines) FAX: *****75 TLX: RS ***** SHIP ACCEPTING CARGOES FOR: ENQUIRIES ACCEPTED FOR OTHER DESTNS WEEKLY LCL/FCL CONSOL. SERVICES TO VANCOUVER, TORONTO, MONTREAL (CANADA) SPORE VANCOUVER TORONTO MONTREAI AI«o ■ccnOng cargo lor C»l9aryfEdmo«*on/Wtiwi»pefl SlO THOMSON ROAD WM-02 %LT COMPLEX
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      147 28 r l Regional Weather <V >» f, 't Ti. > r r% rL lisr 3J a SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JOAJI. March 29, 19M R Thunderstorm Temperotur. V Shu urn VMhv *~S Wnd dvection with nxed n knots VcSUsky wov.^ Swrtoce wmdi or* a*cated bt irrowi wfcidt *t»
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      680 29 ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND vs. TNT Eigrnt ZZI E. HUDIG 222 MUSMI 224 C. VMOUK 225 u DATS TO MELBOURNE! TO USA/CANADA TNT m W 1 22/5 I HOOK 222 W |1M *n W' Bp 27/7 UJA ll J Twntw. Jjcksonvill*. Wilmington (0*1) Norfolk. B*Hlmor*. Ntw York. Boston
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      Page 29 Advertisements Column 2
      381 29 RICHFIEIO MARINE AGENCIES (S) PTE LTO Iffi TEL *****33 (10 SI FAX I 5 TEIEX AS ***** RISHIP (3 Line* rtr* IPS LINE CALCUTTA/KARACHI/CHTGONG/CBO REGULAR CONVENTIONAL LINER SERVICE VMM! P«n/P*9 i pofl LI»H For omo ru*-vn w kamacm MA MI VM CALCUTTA COXNUBVP3 I*M CALCUTTA HaavyMn up K> Tana And
      381 words
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      Page 29 Advertisements Column 3
      766 29 :cm COMFANIA CHILENA DE NAVEGACION INTEROCEANICA 9A (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE ARI IQUIQUC VALPARAISO STO kR 11 12/06 UIM» CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71, *****65 THONG LEE EXPRESS SHIPPING (S) PTE LTO reu 533
      766 words
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      Page 29 Advertisements Column 4
      12 29 <m> CRYSTAL SERVICES^ f* M475M Th: OMI CHIN FM: K4I7U BOOKING: *****22
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      Page 29 Advertisements Column 5
      265 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 <t> cn a n iIJ mil ajjjj j —*11 tylf »jyuJ Algerian National Line S PORE LOADING FOR MV KSAR ETTIR 7/4 Algiers, oran, annaba, TUNIS MV KSAR CHELLALA is/5 s. Korea, japan ALL VESSELS ACCEPTING FCL CONTAINERS FOR
      265 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      524 30 It FL SHIPPING PTE LTD FINE LINER SHIPPING PTE LTI) 70 SHENTON WAT «04 02C MARINA HOUSE S PORE 0707 TLX RS ***** FLINER FAX *****% TEL: *****77 (12 LINES) S'KME P KELANG PENANG PI 29/3 Sfi Yamafcuni Maru Siriut SfMCJ Hpl V. Once Mori 0 SUNSHIP AGENCIES PTE LTO
      524 words
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      Page 30 Advertisements Column 2
      764 30 ZIM FULL CONTAINER SERVICE accapttng FCL/LCL cjrgoM to USA East Wa*t Coast Carnbboan.East Canada. HAITI Coata Rio. El Salvador. Guatemala. Honduras. Venenata. Peru. Ecuador. Colombia vta Miami. Trinidad. Barbados. Anttfua, St. Lucia. Montsarrat. Guayana via Kingston y -V2iJ :T TMTM T T«| ma I "IV'7 4m A' Kll,' JI !MH
      764 words
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      Page 30 Advertisements Column 3
      395 30 A LOADING FOR CALLAO, HATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. K»«fW«TT T* MURRAYEVERETT tmomaseverett JL T L Singapore Gdn.K2V3O MURRAYEVERETT 7 Apr W A <r 2 THONASEVERETT 22/24 Apr "EVERETT ORIENT LINE" A JAPAN/BAY OF BENGAL/JAPAN
      395 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      226 31 JEUfIO «F6HXNJIMN|IUQ SERVICES JEUftO EASTERN BLOC SERVICES SEAORIOGE EUROPE SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM "OWE PORT KELANG PENANG JOHORE SINGAPORE MM, nm 1. HA! I, COTiC, MAR3EH.LI NT GENOA, All AMOS, STOCKHOLM, ML. 04 ALL MUMoatiNAnomroiNTi SEJBROIOE MR EAST. VIETNAM 4 CHINA SERVICES' WEEKLY FCL/LCL GROUP AGE FROM SINGAPORE
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      Page 31 Advertisements Column 2
      162 31 VIETNAM SIN: 5/4 HOCHIHHNH PACIFIC ISLANDS SIN: 30/3 NOUMEA/FT VILA/SUVA/PAPEETE MAURITIUS REUNION ISLANDS SIN: 30/3, 7/4 PORT LOUIS/REUNION TRANSTAINERS WEST AFRICA SERVICE S/ALGIERS/CASABLANCA/NOUAKCHOTT/ kR/BANJUL/CONAKRY/MATADI/LUANDA/ TUNIS/ALGIERS/CA! DAKAR/BANJUL/CO LOBITO Thru direct B/L to BAMAKO/NIAMEY/Y BANGUI/KINSHASA BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ TTA Fraignt PtQ Ltd Tel: *****55 RS ***** INTERTEAM OUR NEXT WEEKLY LCL CO TO: UK
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      521 31 rrj m mmtma i fMMKMrAiioN <rre) LTD WEEKLY LCL/FCL SERVICE OCSTWATIOMS ETA SWMAPORE PORT KELANG 1 APR MANILA 30 MAR HONG KONG. ALL CHINA PORTS 1 APR KEELUNG. KAOHSIUNG 4 APR BUSAN 30 MAR TOKYO. KOBE 30 MAR CHITTAGONG 1 APR DUBAI 31 MAR SYDNEY. MELBOURNE 30 MAR BRISBANE. ADELAIDE
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      443 31 ft* GLORY NAHCATNN GMW r. "ii t i; TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* GLORY SCLATAN VI Voy 31/3 GLORY SELATAN VIII Voy SalM GLORY SCLATAN IX Voy 17 Sailod nu PIK ILI KM m- I*3 6 VESSELS OF LOG CARRIERS 5 VESSELS OF
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      Page 31 Advertisements Column 5
      434 31 PTC CONTAINER LINES FCI LCI SERVICE |W FAI EAST 2/4 KEELUNG/KAOHSIUNG 1/4 BANGKOK 2/4 MANILA 1/4 JAKARTA 1/4 PORT KELANG/PENANG 5/4 BUSAN 4/4 TOKYO/YOKO/KOBE 1/4 HONG KONG atao accepting cargo to Huatgpu Fuzhou AHTTWIj 1/4 RDM/HAM/ANT/LE HAVRE/GENOA 1/4 LDN/FLX/LVP/SOU 2/4 LA./NYC/SFO 2/4 VANCOUVER/TORONTO/MONTREAL 31/3 SYD/MELB/ADEL/FREM 3/4 AUCKLAND/WELLINGTON liiAixiLirMii 14/4 P.
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  • Page 32 Advertisements
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      496 32 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX R*****1 R*****2 IM Lintermaritime SOUTHERN AFRICA SERVICE DIRECT MOfITHLY SAILINGS •Also calls E L ft PC. GENERAL AGENTS: HAI SUN HUP CO. (PTE) LTD. SINGAPORE TEL 22MNS PORT KELANG TEL: mum SUB AGENTS: KOTA KINABALU TEL *****0 PENANG KUALA
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      510 32 Ta.CHO YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FULLY CONTAINERISED SERVICE WESTBOUND HANJIN TONGHAE S7W HANJIN ROTTERDAM 2W CHOYANC CHANCE 41W HANJIN MA SAN 4IW Also acctpting for Inlind UK dwtirution* Antwp and St*ndana»nn port* FMG FLOTA MERCANTE GRANCOLOMBIANA, 5.A SAfIOSA> L'Nl 0' C<XOVB IX To Buenaventura/Barranquilla/Santa Marta/Cartagena/ Cristobal/Santo Domingo/Port
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      263 32 m P.T. MASKAPAI PKLAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILANO ALSO ACCEPTING LCL CARGO TO JKT. PNG. PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 Kfl fljfl mm K JKT JAKARTA
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      736 32 m /•v*v«v»*vlv»v«vv/ CALL US AT: P KELANG PENANG J. BAHRU P GUOANG SINGAPORE I K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE ESacaSE^^^llZ^l TO EUROPE 3685/53/368/111 04 *****2/f 62/293 0/ *****8 0/ 5113/3, 5113/5, *****0, 5113/1 02 *****22 *****88 177! r~> a butanc us TT7I OTHER DESTINATIONS AABHUS, AMSTERDAM, ANTWUP. BASLE.
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