The Business Times, 30 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 THURSDAY, MARCH 31, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    260 1 Dow Jones up WALL STREET stocks turned higher in early trading yesterday after a mixed opening. Traders said buying related to a second straight jump in Tokyo stocks and two consecutive Wall Street gains. The Dow was up seven at 2283 and gainers took a moderate lead
    260 words
  • Article, Illustration
    New highs for Tokyo, S'pore markets
    241 1 THE TOKYO and Singapore stock markets jumped to new highs for the year yesterday while other regional markets closed lower. On the local front, the Straits Times Industrials Index gained 6.13 points to finish at 1,194.63. The Business Times Composite Index climbed 3.23 points
    241 words
  • Article
    Lock icon Tin price surges to M$24.82
    123 1 Bernama THE PRICE OF TIN rose 21 cents to M 524.82 a kg on the Kuala Lumpur market yesterday and is set to breach the Ms2s mark as the market continues to be bullish, dealers said. Tight supply for the next few months is being
    Bernama  -  123 words
  • Article
    NOL doubles profit to a record $50.9m
    621 1  -  Directors optimistic about current year By MAGDALENE NG IN LINE with analysts' expectations, national flag carrier Neptune Orient Lines Ltd has posted record group earnings of $50.96 million for 1988 and directors are optimistic of even better performance in the current financial year.
    621 words
  • Article
    EDB incentives for firms expanding to Johor
    523 1  -  By WALTON MORAIS WHEN COMPANIES in Singapore apply to the Economic Development Board for financial incentives to upgrade their operations, their applications will be considered more favourably if they have plans which call for the distribution of some of their existing activities to
    523 words
  • Article
    Lock icon US leading index falls 0.3pc
    138 1 AP THE UNITED STATES government's chief economic forecasting gauge dropped 0.3 per cent in February after posting sharp gains during the previous two months, the Commerce Department said yesterday. It was in line with widespread expectations that the economy would slow down this year. The
    AP  -  138 words
  • Article
    Lock icon Chatichai criticises S'pore law on illegal Thai workers
    236 1 AFP THAI Prime Minister Chatichai Choonhavan has lashed out at the Singaporean immigration law that calls for illegal workers to be caned and imprisoned. The treatment of Thai workers gave the impression that Singapore was not a friend of Thailand, although both
    AFP  -  236 words
  • Article
    Lock icon Thai official to head rubber organisation
    130 1 AFP THE THREE producer members of the International Natural Rubber Organisation (Inro) have agreed to nominate an official from Thailand to head the body Malaysian Primary Industries Minister Lim Keng Yaik yesterday said that Malaysia, Thailand and Indonesia had agreed to nominate as executive
    AFP  -  130 words
  • Article
    Judicial Committee bill introduces substantial limits on appeals to Privy Council
    558 1  -  By MARTIN SOONG SUBSTANTIAL RESTRICTIONS in appeals to London's Privy Council are contained in the Judicial Committee (Amendment) Bill, which passed first reading in Parliament yesterday. The proposed legislation, introduced by Law Minister Prof S Jayakumar on Tuesday but
    558 words
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      89 1 Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore: Phone. *****22 Kuala Lumpur: Phone. *****33 Penang: Phone. *****5/*****1 Jakarta: Phone, *****5 Full report, PAGE 18 Regional markets, PAGE 20 World markets, PAGE 21 rroNui:Si>vM] G4« SWISS MADE T/d. SINCE 1860 tjEMEp i •:>- V 4 '■> jA:
      89 words
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      Page 1 Advertisements Column 2
      210 1 Editorial Comment: 12 Gatt objectives must be pursued One Man's View 12 Passport to a better life Teenagers 13 A boon to US labour shortage HDB and PSA 3 Revising pay scales Indonesia 4 On the industrialisation path US computer industry 5 Growth slows Hong Leong Finance 9 Best results
      210 words
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      Page 1 Advertisements Column 3
      20 1 MISC posts record Ms39om profits, PAGE 20 Johor invites Singapore investors to be involved in Its economic growth, BACK PAGE
      20 words
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      Page 1 Advertisements Column 4
      99 1 Rodenstock Ouality before your eyes ill Exclusiv 7065 C On PAGE 2: Restructuring of hospitals will Issd to bsttor ssrvicas Health cars must ba within rsach of working class Isn't it amazing how a pile of bills arrive just when you decide to buy that new CD piayer? o It's
      99 words
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  • YESTERDAY IN PARLIAMENT
    • Article, Illustration
      Restructuring will lead to better services
      647 2 MINISTRY OF HEALTH AFTER 12 days of sitting, Parliament approved the main and development estimates of expenditure totalling $12.63 billion for fiscal year 1989, commencing on April 1, 1989. The focus of yesterday's debate was on the Ministry of Health, whose projected total expenditure
      647 words
    • Article
      Level of subsidy for C class wards maintained at 81pc
      386 2 THE LEVEL of subsidy has remained at 81 per cent for patients in C class wards, the Acting Health Minister told Parliament yesterday. In response to concern expressed by MPs, Mr Yeo Cheow Tong offered statistical proof that medical service
      386 words
    • Article
      Need to encourage more to donate kidneys
      223 2 THE LACK of donor kidneys and dialysis treatment facilities had meant that less than a quarter of new kidney patients each year were accepted for either transplants or dialysis treatment, said the Member for Cheng San GRC, Mr Heng Chiang Meng Mr Heng
      223 words
    • Article
      Looking after the mentally-ill
      116 2 AS MUCH as possible. Singaporeans with mental illnesses are treated as out-patients, rather than institutionalised, said Acting Health Minister Yeo Cheow Tong. Mr Yeo, in explaining what steps his ministry is taking to help mentally-ill Singaporeans readjust to family and society, said some 31 institutionalised patients
      116 words
    • Article, Illustration
      Health care must be within reach of working class
      552 2  -  Reports by ZHOU MEI, SHOEB KAGDA,MARTIN SOONG AFFORDABLE health care was the primary concern of all the MPs who spoke on the issue of corporatisation of government hospitals. Though all but the Non-Con-stituency MP. Dr Lee Siew Choh, supported the government's
      552 words
    • Article, Illustration
      Cheng Bock fears corporatisation of hospitals will lead to self-interests
      249 2 CORPORATISED government hospitals would be run with the bottom line in mind, said Or Tan Cheng Bock, and he asked the Acting Health Minister to prove him wrong. r Dr Tan, who is the MP for Ayer Rajah, said that
      249 words
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  • HOME NEWS
    • Article
      S'pore expects upsurge in Korean tourists
      407 3 THE SINGAPORE Tourist Promotion Board (STPB) is all set for the 100.000 to 120,000 Koreans who will visit Singapore by the end of this year. This is a hefty increase from the 55,000 Korean visitors who came last year. The Korean market would be
      407 words
    • Article
      SIA and KLM to start S'pore-Amsterdam all-cargo run
      322 3 CARGO GROWTH between Singapore and Amsterdam has been growing so healthily that Singapore Airlines will start an all-cargo service between the two cities with KLM from April. During the signing of the agreement between KLM cargo vice-president Jacques Anchor and SIA cargo
      322 words
    • YESTERDAY IN PARLIAMENT
      • Article
        Help for young doctors
        305 3 TO ENSURE that standards of primary health care are maintained in the private sector, the Acting Health Minister said his ministry is working with the College of General Practitioners on a vocation training programme for young doctors who want to specialise in family medicine. A two-
        305 words
      • Article
        Comprehensive spending plan please
        285 3 HEALTH SEEMS to be of declining importance to the government in recent years, particularly when seen against the provisions for defence as well as in the level of subsidies over the years. Mr Heng Chiang Meng (Cheng San GRC), suggested that there be a comprehensive conceptual
        285 words
      • Article
        Siew Choh on pensions
        178 3 PENSIONS THE MINISTER for Finance saw no relationship between the pensions of former civil servants and the salary structure of the present serving officers. Dr Richard Hu was replying to Dr Lee Siew Choh (NCMP) during the last day of Budget debate. Or Lee was the
        178 words
    • BRIEFS
      • Article
        Urine detectors do their work
        141 3 THE number of Housing and Development Board (HDB) lifts soiled by urine has dropped by 25 per cent since the board installed about 500 urine detectors in estates throughout the island early last year. The Senior Minister of State for Home Affairs and National Development,
        141 words
      • Article, Illustration
        'Yes' to ads for taxis
        88 3 NOT ONLY would taxis have mobile telephones in the future, they would also be displaying paid advertisements. This was part of the government's policy to liberalise the taxi industry, said Communications and Information Minister Dr Yeo Ning Hong. He said that the government had no
        88 words
      • Article
        Spotlight on eyes
        123 3 SPOT CHECKS and tests would be conducted by the Ministry of Health to ensure that contact lens solutions are safe and sterile for use. said Acting Minister for Health Mr Yeo Cheow Tong. His ministry is also con- ducting a public education programme to combat the problem
        123 words
    • Article
      Expert sees changing role for trainers
      160 3 THE CHALLENGE for trainers in the next decade is not to be better, but to be different, a US expert on organisation development. This is the message Norma Jean Anderson will deliver in her keynote address this morning at the fifth annual conference of
      160 words
    • Article
      HDB and PSA to revise pay scales
      420 3  -  By JAYARAM MENON THE HOUSING and Development Board and the Port of Singapore Authority are to revise their pay scales in line with the recent government pay revision for civil servants. The Second Deputy Prime Minister and Secretary-General of the National Trades Union
      420 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      332 3 II I fail >11 ndf, Vitus ILKJay. r** 2% •k r m 'Vte /> JL a ni il A ■y t*. <*/. or^ 0 %^ss>fr T FO-301 1276 88 FAX2IO High-Level Compact Business Facsimile •B4 printing capability Automatic dialling of up to 70 numbers. Confidential transmission and reception 18-second and
      332 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Indonesia puts itself on industrialisation path
      523 4 Bernama INDONESIA enters the decisive stage of its development on Saturday when it launches its fifth five-year development plan (Repelita V), the closing chapter of its first 25-year development period. The fifth plan is geared towards placing the country so far only known as
      Bernama  -  523 words
    • Article
      Lock icon KL offers to help Asean on customs practices
      402 4 Bernama MALAYSIA has extended its help to Association of South-east Asian Nations (Asean) member countries which have not acceded to conventions promulgated by the Customs Cooperation Council (CCC). Opening a four-day meeting of the Asean working group on customs matters in Kuala
      Bernama  -  402 words
    • Article
      Japanese cabinet approves record make-shift budget
      270 4 UPI THE JAPANESE CABINET yesterday approved a record make-shift budget totalling 9.225 trillion yen (U5569.4 billion) to cover government finances for the first 50 days of fiscal 1989, beginning on April 1. Officials in Tokyo said the budget will be approved by the Lower
      UPI  -  270 words
    • Article
      Takeshita's popularity rating plunges
      195 4 AFP THE POPULARITY of the embattled Cabinet of Japanese Prime Minister Noboru Takeshita plummeted to 9 per cent in March, half its support rate last December, an opinion poll showed yesterday. The disapproval rate hit 63 per cent, up from 39 per cent in the previous
      AFP  -  195 words
    • Article
      Japan opens its market wider to Asian countries
      230 4 AFP JAPAN imported more manufactured goods from Asian newly-industrialis-ing economies (NIEs) and members of the Association of South-east Asian Nations (Asean) last year, according to a Japanese minister. Takamori Makino, Vice-Minister for Parliament's Foreign Affairs, said in Bangkok on Monday that Japan
      AFP  -  230 words
    • Article
      Seoul's current account surplus plummets
      211 4 AFP SOUTH KOREA'S current account surplus shrank by nearly half during the first two months of the year amid sluggish exports and swelling imports. The Central Bank of Korea (BOK) said on Tuesday that the current account surplus amounted to US$923 million in January and
      AFP  -  211 words
    • Article
      Malaysian industrial output index shows 13.1pc rise
      333 4 Bernama MALAYSIA'S index of industrial production (IIP) rose 13.1 per cent to 134.4 points last year from 118.8 in 1987. The country's Statistics Department said yesterday that the lIP, which has been rising over the past three years, rose 7.8 per cent in
      Bernama  -  333 words
    • Article, Illustration
      NZ committed to cut US$8.6b debt by 1992, says Caygill
      306 4 AP NEW ZEALAND Finance Minister David Caygill yesterday said the government is committed to slashing the country's debt by NZ$l4 billion (US$B.6 billion) by 1992 through a programme of privatisation. Latest statistics show the public debt stands at about NZ$39
      AP  -  306 words
    • Article
      Laos to open doors to tourism
      213 4 AFP LAOS, a landlocked country shrouded in secrecy for more than a decade, is to open up soon to tourism. The official KPL news agency said on Tuesday that 990 foreigners, mostly Thai and US tourists and businessmen, had visited Vientiane since January. The
      AFP  -  213 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      953 4 ARRIVALS Operator Sorvfc• Local From number Hmo UAL OA! UA97 0010 LAX/NtT OA472 0015 SYO/MEL AUC UL454 0015 CM8 SIA SQ1I 0115 LAX/N8T KAL KE697 0220 sa TMA TL3518 0430 KY/SHJ/ICUl MAA (AC IC555 0655 SIA SQ411 0740 BOM MAS MH640 0620 KlU MAS MH651 0910 P€N
      953 words
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      Page 4 Advertisements Column 1
      172 4 The business person's cboKX every Tuesday, Thursday. Saturday and Sunday. Leaving Changi Airport at 22r05 hours and arriving Heathrow early the following Morning. Call your Travel Agent or Air Canada at 7}2t55i. A BREATH OF FRESH A/R 1 "mi m wis o a-'\ WA A. .J "N m\ t- m
      172 words
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  • REST OF THE WORLD
    • Article
      Elections indicate success for perestroika: Shev
      271 5 AFP A TOTAL of 1,264 candidates have been elected to the new-styled 1,500-mem-ber Soviet Parliament. The remaining 236 seats will be contested in special run-off ballots, television reports said in Moscow yesterday. The run-off elections in the 168 constituencies, with one or two candidates
      AFP  -  271 words
    • Article
      Japan to be cited for violating US Trade Act
      382 5 Reuter US TRADE Representative Carla Hills will add Japan's closed semiconductor market to a list of unfair trade actions she will send to Congress by April 30. Representative Richard Gephardt said on Tuesday. Japan would be cited under last year's Trade
      Reuter  -  382 words
    • Article
      Union criticises Beijing in dispute
      139 5 AP THE UNION for striking General Electric workers in Ontario has accused the Chinese government of interfering in the month-long labour dispute. In a telegram sent last week to the Chinese Embassy in Ottawa, the union said the delivery of three industrial motors to China
      AP  -  139 words
    • Article
      Big role seen for Japan's small firms in African ventures
      193 5 Reuter SMALL Japanese companies can play a big rote in Africa's economic development where the presence o( industrial giants would be overwhelming, representatives of a study group said at the United Nations. Shingo Nomura, a Tokyo real estate developer who
      Reuter  -  193 words
    • Article
      West Germany and China set up Siberian air link
      83 5 AFP WEST GERMANY and China are to start direct flights between Beijing and Frankfurt. via Siberia. The Transport Ministry in Bonn said yesterday that flights are expected to begin on June 1. Flight time will be cut by half com- pared
      AFP  -  83 words
    • Article
      Growth in US computer industry slows
      500 5 Too many vendors and new products in the market Reuter THE COMPUTER INDUSTRY in the United States is beginning to show its age. After almost 40 years of rapid expansion, it appears to be settling into a cyclical and slower growth pattern more reminiscent
      Reuter  -  500 words
    • Article
      Montazeri resigns as Khomeini's successor
      385 5 AP AYATOLLAH Ali Montazeri has resigned as the heir-apparent to Ayatollah Ruhollah Khomeini, a move sought by Iran's patriarch as he tries to return the nation to the roots of its fundamentalist revolution. Iran's UN ambassador, Ayatollah Mohammad Jaafar Mahallati, also resigned on Tuesday, two
      AP  -  385 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      129 5 In Beijing where else but the Shangri-La. •< m mm r. |H| t-- -v it ■i V.-V -> 4# tr^ ->■ Judge a hotel by what it ft does not have When r.t m. v there are no weary T V in crowds, no piles of m R luggage, no
      129 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      195 5 vmm i r; /✓AS 11V//// Adelaide Amsterdam Athens Bahrain Bangkok Barbados Beirut Belgrade Max/ Note Mln (*C) 23/14 Cloudy 20/10 Gear 22/06 Clear 27/22 Rain 34/26 Clear 29/21 Cloudy 20/04 Clear 15/08 Sunny 20/04 dear 22/05 Clear 23/19 Cloudy 13/08 Showers 27/19 Rata 18/13 Clear 18/03 dear 27/13 Clear 22/11
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    • Miscellaneous
      Page 5 Miscellaneous Column 2
      81 5 Doonesbury PEARFRJ£NPS, I LEARNEP JUST THIS MORNING THAT YET ANOTHER OLP NEIGHBOR OF MINE HAS O£EN CIAJMSP &Y THE PLAGUE THAT HAS SWtPT THROUGH THIS COMMUNITY.. THE PROBLEMS FACJNG US ARE MASSIVE. HEALTH CARE COSTS, THE LACK Of INSURANCE, PtS CRIMINATION. VP LIKE TO FOCUS ON ALL OF THESE TONIGHT
      81 words
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  • COMMODITIES
    • Article, Illustration
      Opec achieves US$18 reference target
      264 6 AFP OPEC has reached its target reference price of US$lB per barrel of crude oil produced by the 13-nation cartel, Nigerian Minister of Petroleum Resources Rilwanu Lukman Mid on Tuesday. Speaking to reporters on the •ve of an Organisation of Petroleum Exporting Countries (Opec) pricing
      AFP  -  264 words
    • Article
      Crude prices fall on re-opening of port and Opec talks
      402 6 Reuter CRUDE OIL PRICES tumbled below the US$2O-level on Tuesday on the news that Alaska's Valdez port was set to re-open and on nervous trading ahead of Opec committee meetings opening in Vienna. Oil prices jumped on Monday on worries
      Reuter  -  402 words
    • Article
      LME tests producer interest in tin re-launch
      523 6 FT TflE LONDON Metal Exchange has written to all producers listed when its tin contract was suspended in 1986 to ask whether they are interested in being listed again when the contract is re-started and whether they want to upgrade the quality of
      FT  -  523 words
    • Article
      KL studying suit against US ad on palm oil
      157 6 Bernama MALAYSIA is considering legal action against a member of the American Heart Association for his advertisement portraying Malaysian palm oil as containing poison. Deputy Primary Industries Minister Datuk Alias Ali told Senator Pandikar Amin Mulia in the Senate that the
      Bernama  -  157 words
    • Article
      Soybean
      226 6 CONTINUED selling by commodity funds pushed soybean prices on the Chicago Board of Trade lower on Tuesday, with nearby contracts closing down 61/2 to 1-3/4 cents per bushel. Funds were large sellers Monday and on Tuesday against moderate commercial buying, floor sources said. Fund selling was triggered by technical
      226 words
    • Article
      Wheat
      188 6 Chicago Board of Trade soft winter wheat futures closed higher on Tuesday amid talk China may soon tender for US wheat and ideas recent rains missed key hard red winter production areas. Professional buying supported wheat throughout the session, with the greatest volume in May and July. The lack
      188 words
    • Article
      Crude Oil and Products
      155 6 Telerate FUEL OIL PRICES are notionally lower in the Singapore market. Volume of actual deals done remains thin. However buyers now cite the weaker Nymex close and the softer Simex HSFO futures numbers as their reasons for asking lower prices. Market sentiment in general is mixed
      Telerate  -  155 words
    • Article
      Produce Prices
      237 6 Chinese Produce No 2 (smallholders) 87.00 Exchange Bangkok Sellers' noon doting prim on Mar 29 (SS/100 kg) Closing prices on Mor 29 Coconut oil (US $/tonne, FOB) Bu* FOB 108.00 White Rice Old drum FOB 118.00 100% 1« daw 323 New drum FOB 122.00 100% 2nd don 295
      237 words
    • Article
      London Markets
      269 6 London OF Rotterdom Commodity Apr/May unch (500sir) Exchange London Metal Buyer/Seller dosing prices Exchange on Mar 28, (£/tonne unless Afternoon s specified). Previous dosing ession dosing prices in parenthesis. tone and prices on Mar 28 Coffee tom Previous dosing prices and Basis In-jtore London, sailors oofion CIF London
      269 words
    • Article
      Precious Metals
      465 6 HONGKONG: Gold gained in moderate trading yesterday despite selling pressure by Australian producers in the morning. dealers said. Bullion ended at U*****.30/80 an ounce against an initial 382.30/382.80 and New York's 382.25/382.75 finish. They said physical demand by local speculators at US$3B2 emerged due to recent over-selling of
      465 words
    • Article
      Rubber
      372 6 SINGAPORE: Rubber price* ended lower yesterday with April 1 RSS buyer quoted at 206.00 cents a kg, down one cent from Tuesday's cloee. Brokers said prices (ell 1.50 cents in quiet morning trade on light selling and some profit-taking following falls in Japanese rubber markets. On the TSR-20 Award
      372 words
    • Article
      SSR and SMR
      78 6 Ic^u/kfll RAS APRIL 1989 (currant month) NOON •wy*r» S«M*rt MAY 1989 (forward month) NOON *wy«a SMMI SS* 30 SSf JO MRELB 184 JO 182.50 186.50N I84.50M Slhri 184.50 182JO 186 JON 184 JON SMt cv SMI I SMt 3 SAM CP SMt 10 smi ao SMI SO
      78 words
    • Article
      KL Tin
      183 6 Further all-round buying ■aw tha Kuala Lumpur Tin Market (KLTM) price rally 21 canto to a naw threeyaar high of 24.82 hnggH a kg In condnuad acattored trading yaatorday, tradara add. M Aa expected, tha prlca picked up today on hirlhar •ound fundamental and a hlghar US dollar
      183 words
    • Article
      RAS and MRELB
      275 6 RAS prices in s c*nwk S r >■ In bait M NOON CLOSE 8uy«rs SoMort ftvynn SoNort 1 RSS Prompt 205.50 206JON 205.50 206JO Int 1 RSS Apr 89 206.00 207.00N 206.00 206j0 Int 1 RSS Moy 205.50 206JON 205JO 2064)0 Int 2 RSS OP 199 JO
      275 words
    • Article
      Palm Oil
      457 6 MALAYSIAN crude palm oil prices closed weaker on speculative selling yesterday and buyers' reserve, in line with losses in palm oil futures and Chicago soy oil futures overnight, dealers said. They said operators liquidated positions amid continuing uncertainty over the market outlook, April south region fell M 512.50
      457 words
    • Article
      Lock icon Moscow's major corn purchase
      155 6 AP THE SOVIET UNION has bought 550,000 tonnes of US corn for delivery in the 1968-89 marketing year that began Sep 1, the first purchase in almost three months, the US Agriculture Department said on Tuesday. Although Moscow has been buying US wheat regularly under an
      AP  -  155 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      72 6 A $30,000,000 Negotiable Floating Rate Australian Dollar Certificates of Deposit due 27th March, 1990 The Sanwa Bank Limited Singapore Branch In accordance with the provisions of the Certificates, notice is hereby given that for the three month interest period from 29th March, 1989 to 27th June, 1989 the Certificate will
      72 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      256 7 TIMELESS CLASSIC Tucked away in a delightful niche along District 11, lies one of Singapore's most exclusive condominiums Trevose Park. Architecturally conceptualised to capture a classic mood and ambience, a strong and distinctive identity is reflected by the vernacular pitched roof, soothing exterior finishing, soft arches and spectacular latticed bay
      256 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Simex
      485 8 BA Futures JUNE Eurodollar futures opened 9 ticks higher than Tuesday's Simex close at 8902 on a lower oil price and a higher dollar. The June contract traded in a range of 8911 to 8908 before settling at low of the day at 8908 up 6 ticks. Currency futures
      BA Futures  -  485 words
    • Article
      IMM
      326 8 IMM currency futures ended lower on Tuesday and just above daily lows after slow afternoon trade. Values eased again during choppy late activity after finding only temporary support from three earlier rounds of reported central bank dollar selling for marks. Traders said bearishness pervaded due to expectations short-term US
      326 words
    • Article
      Comex gold/silver futures
      182 8 Gold futures on Mar 28 1989 100 troy ounces; ItSS par Iroy oui tea Opon Mgfc Low 4«au Mar 3*3.00 8.10 392 00 392.30 383 20 383.50 8.10 May 385 80 820 inn 396.40 397.10 34/50 388.00 -140 *"0 401 80 402.30 393.00 393.30 860 Oct 408
      182 words
    • Article
      Asian dollar market
      270 8 Asian dollar deposit rates finished at their opening levels after quiet trading yesterday. Dealers said the market awaits outcome of the US Treasury's auction of US$7.5 billion of four-year notes and the index of leading economic indicators for February. Term rates were steady to a shade higher
      270 words
    • Article
      Options
      1368 8 CURRENCY FUTURES OPTIONS Wednesday, Mor 29, 1989 DEUTSCHE MARK (SNMEX) Apr M can* Mgfc LOT* Apr M p*i Sas 53 19 17 19 54 IIA 9 SO 77 77 55 3 1641 170 54 CA» 57 CAS Jun M caNa JwNptk M«*i Law ta« mgh Low Sa« 51 164
      1,368 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      178 8 "111 m j* 1 <?V 1 1 41 N V fe,,. ::fe :::i' J:> "'i gjggg ap i «4i iV; Now go straight home. Thai flies non-stop to 8 European cities. y° ure tokin# your valuable home leave, all you want to Jo is get there as fast as possible.
      178 words
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      Page 8 Advertisements Column 2
      17 8 Fore* report, money market on PAGE 9, World Intereet Rates end Government Securities Market on PAGE 10.
      17 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Forex markets
      1174 9 Hongkong Bank. SINGAPORE: THE US$ ended near the day's lows but still up over Tuesday. US Treasury Secretary Nicholas Brady's remarks that he concurred with the Fed's anti-inflation policy, provided the impetus for another US dollar push up. The perception is that the US will tolerate a stronger
      Hongkong Bank.  -  1,174 words
    • Article
      Cosmo Securities to study Asean and Aussie markets
      333 9  -  By QUAK HIANG WHAI COSMO SECURITIES, the latest addition to the list of Japanese securities houses here, plans to make a closer study of the Asean and Australia markets with the opening of its representative office yesterday. In an interview yesterday, the
      333 words
    • Article
      HLF announces best results in four years
      639 9  -  ONE-FOR-FIVE BONUS ISSUE PROPOSED By ALVIN TAY HONG LEONG FINANCE, releasing its best group results in four years, has announced a one-for-five bonus issue for shareholders. At the same time, 75-per-cent subsidiary, Singapore Finance, is declaring a one-for-10 bonus issue. Yesterday, Hong Leong
      639 words
    • Article
      Training scheme to upgrade banking skills
      143 9 THE INSTITUTE of Banking Finance has developed a training scheme to upgrade the skills and knowledge of Singapore's investment banking officers. The scheme, to run from April 6 to July 14, will cover wholesale banking, the capital markets, corporate finance and financial advisory services.
      143 words
    • Article
      Money markets
      56 9 THE OVERNIGHT RATE on the Singapore money market closed 1/4 down at 5 yesterday. Short-term rates were unchanged across the board. t S$ Interbank rates at the close yesterday: om mo OwnigM S 4 7/8 l-mortti S 3/16 s 1/16 2-4M*h S 1/4 S 1 3-mon*. S 5/16
      56 words
    • Article, Illustration
      World interest rates
      193 10 Indicates the average of the prime lending ratee of 12 major banks In S'pore Interbank market rates (offer/bid) on Mar 29 us$ DM SWFC Yen 7 doyt 0 5/14 3/14 12 5/8 12 1/2 3 13/14— 11/14 4 5 7/4 4 5 3/4 1 mth 10 J/14
      193 words
    • Article
      Government Securities Market
      112 10 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BIO Of FEB HIGH LOW 3 months BQ*****V 29.06.89 3.81 3.76 3.93 3.73 6 months BS*****N 17.08.89 3.90 3.85 1 year BY*****H 23.11.89 3.95 3.90 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate
      112 words
    • Article, Illustration
      Lock icon Two more come under Bank Negara's control
      432 10 NST BANK NEGARA has taken control of two more ailing financial institutions Eu Finance Bhd and Visia Finance Bhd which have accumulated losses of MsBB million and Msll7 million respectively. This brings to four the number of troubled finance firms under the central
      NST  -  432 words
    • Article
      Lock icon Banks should raise deposit rates, says Jaffar Hussein
      423 10 Bernama BANK NEGARA governor Tan Sri Jaffar Hussein said on Tuesday that banks should raise the deposit and savings rates to encourage savings instead of asking for a revision in base lending rates (BLRs). He told reporters after releasing the central bank's
      Bernama  -  423 words
    • Article
      Lock icon China's money supply up almost 50pc
      320 10 AP CHINA'S money supply in 1988 grew almost 50 per cent over the previous year, a senior central bank official said recently in an address before the National People's Congress. China's legislature. Qiu Qing, vice-president of the People's Bank of China, said China's money
      AP  -  320 words
    • Article
      Lock icon Drop in number of bad cheques
      164 10 Bernama MALAYSIA'S cheque information bureau, which was set up last August, blacklisted 13,833 bad cheque offenders aa at the end of last year, said Bank Negara The Malaysian central bank said in its 1968 annual report that the setting up of the bureau appeared
      Bernama  -  164 words
    • Article
      Lock icon Concern over Brady debt-reduction plan
      397 10 AP THE RECENTLY announced US plan to restructure Third World debt could "open a Pandora's box" if it isn't properly and promptly implemented, a senior Japanese bank official said on Tuesday. The so-called Brady plan, announced by US Treasury Secretary Nicholas Brady earlier this month,
      AP  -  397 words
  • Page 9 Advertisements
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      356 9 I I I S WITH A FINANCIAL t YV I Iff >• i? EPSON LX-BDD J POWER READY WftROUT jtf «*trr hiMiM FORM FEEDI T" /LINE FEEOI THE REVOLUTIONARY LX-800. Turn the computer market upside down and you won't find a more complete printer. I Or a better deal. The
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      Page 10 Advertisements Column 1
      1002 10 NANYANG FINANCE UMfTED AND ITS SUBSIDIARY COMPANY BALANCE SHEETS AS AT 30TH SEPTEMBER, 1988 l OHMTM mom SUMMARY COMPANY, unquoted stern it coM QOOOWLi. ON fONOm RIATIOM Ite Monetary Authority M Support Cash and tank balances 333,719 *****5 601.600 801.600 T T T *roca*Go h SManca at Id October Cterga
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  • ADVERTISING & MARKETING
    • Article
      Lock icon Wall Street Journal, Barron's face declining financial advertising
      378 11 NYT FINANCIAL ADVERTISING at the Wall Street Journal and Barron's, a weekly business paper, continues to fall, even though the US stock market has recovered somewhat from its October 1987 crash. Dow Jones Co, publisher of the two papers, says that the
      NYT  -  378 words
    • Article, Illustration
      Empress Place to get $600,000 promotion
      539 11  -  By SUZANNE SOH TO LAUNCH Empress Place as an international cultural museum, $600,000 has been earmarked for advertising and promotions by the company operating the museum. Mr Y T Tai, marketing manager of Historical Cultural Exhibitions Pte Ltd (HCEPL), said Empress Place is probably
      539 words
    • Article, Illustration
      Set to send the temperature rising a few degrees Fahrenheit
      449 11  -  by John Tan IF YOU THINK the launch of Christian Dior's Poison perfume was aggressive, wait till tomorrow's launch of Dior's latest fragrance, Fahrenheit, hits the stores. With a $600,000 promotional campaign, the male fragrance Fahrenheit is poised to raise
      449 words
    • Article, Illustration
      Keeping up with the times
      582 11  -  Watch industry expected to increase advertising expenditure By JOHN TAN IN STEP WITH the record trade of $900 million last year, Singapore's watch and clock trade spent more than $40 million on promotion last year. According to the president of the Singapore Watch and Clock
      582 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      114 11 r I A NEW State-of-the-Art Direct Response Consulting Group providing I advisory and management services in: Direct Response Advertising including Direct Mailing Direct Marketing System Audit Installation Marketing Database Software Development Bureau Services Fax B'cast System Telemarketing System Design, Installation, Training Bureau Service Business List Rental Research Event Creation, Management
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      Page 11 Advertisements Column 2
      167 11 HOUSE OF BLOSSOMS Hi IX M KI \X -•4 irr 4' nr (iM *X *0 JV r Hi J You won't have any bones to pick with our Teochew Goose That's because there simplv aren't any bones to pick on our Boneless Teochew goose. A unique dish specially created by
      167 words
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  • PERSPECTIVE
    • Article
      Gatt objectives must be pursued
      462 12 BUSINESS TIMES THURSDAY, MARCH 30, 1989 MANY COUNTRIES believe, or have said they believe, that the best interests of this world depend on freer trade. This belief is being voiced ever more often these days. That could be because protectionist forces are growing stronger in
      462 words
    • Article, Illustration
      Lock icon Misconceived consumption
      1186 12  -  The most urgent threat in the food we eat is now said to come not from pesticides and food additives, but from old-fashioned, natural microbes that contaminate poultry, eggs and meat. WILLIAM STEVENS takes a close look at the situation. WILLIAM STEVENS NYT AMERICANS who wonder about the
      NYT  -  1,186 words
    • Article
      Passport to a better life
      1183 12  -  mzwrnffiW By SEAH CHIANG NEE EARLIER THIS MONTH. I attended the Careers '89 Exhibition at the World Trade Centre and came away impressed by the purposeful, single-minded quest by our youths to get a piece of the global asset education. The size of the crowd
      1,183 words
    • Article, Illustration
      Lock icon Britain urges businesses to fight cost of alcoholism
      732 13  -  By JOHN FOLLAIN Reuter THE BRITISH government is bombarding corporate Britain with advice to limit the huge financial losses caused by alco-hol-related problems. But the campaign, however well-meaning at the start, has sparked controversy over how the matter should be tackled. In
      Reuter  -  732 words
    • Article, Illustration
      Lock icon Teenagers: a boon to America's labour shortage
      1378 13 The trend of younger and younger teenagers sacrificing education for a pay cheque is causing concern in the United States. Educators and economists say that the economy and the youngsters will suffer in the long run, particularly when the labour shortage is later
      NYT  -  1,378 words
    • Article, Illustration
      Lock icon Still a long road to modernisation
      921 13  -  MOKHTAR HUSSAIN and two other Malaysian journalists recently went behind the Iron Curtain on a visit to the Soviet Union. The impact of the 'glasnost' and 'perestroika' concepts on the Russian people were observed, and recorded. MOKHTAR HUSSAIN Bernama EVENING QUIET was setting in
      Bernama  -  921 words
  • Page 12 Advertisements
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      113 12 Singapore's a Financial Supermarket YEARS OF GROWTH THE EMERGENCE of Singapore as a financial centre began in 1968 with the launch of the Asian dollar market. This local pride, which deals in foreign currencies, turns 21 this year. To commemorate this special occasion, BT's 1989 Banking and Finance Supplement will
      113 words
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      Page 12 Advertisements Column 2
      367 12 NOTICE THE COMPANIES ACT CHAPTER 50 SECTION 290 (2) (b) NOTICE OF RESOLUTION WILLIAM LIM ASSOCIATES (PTE) (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of William Lim Associates (Pte) held on the 22nd day of March 1989. the following special resolutions were duly passed: RESOLVED: (1) That the
      367 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      39 12 ffiStOHnßanfr ftrfcre r ;Q.) RrdirTOK BeeW our OF ORDeR RLL mOf?NIMG RND He comes up, kicks it rnd looks rt me exPecriNG prfms^ K^UjLe tVf NINO STANOARO CO. LTO, IMI-IM* PpvT cHPkNce' S3D I GP\Ve Him IHC COLO SHOULDER
      39 words
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      87 13 INDIAN OVERSEAS BANK, HONG KONG BRANCH U. 5525,000,000 NEGOTIABLE FLOATING RATE UNITED STATES DOLLAR CERTIFICATES OF DEPOSIT DUE 31 ST MARCH 1994 Holders of Certificates of Deposit of the above issue are hereby notified that for the interest period from 30th March 1989 to 29 September 1989, the following information
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      Page 13 Advertisements Column 2
      65 13 This announcement appears as a matter of record only. Indian Overseas Bank, Hong Kong Branch U.S. $25,000,000 Negotiable Floating Rate United States Dollar Certificates of Deposit due 1994 Managed by Banco di Napoli, Hong Kong Branch Banque Internationale A Luxembourg BIL (Asia) Limited Bayerische Landesbank Girozentrale, Singapore Branch Credit Lyonnais,
      65 words
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  • LEISURE
    • Article
      Lock icon Reliable sauces in the age of health
      951 14  -  CUISINE By DENA KLEIMAN NYT fT IS THE SOUL ol Western cuifeine, the arena in which chefs were taught to make their mark. Indeed, it is the very thing that defines what a restaurant or chef is all about. So it should come
      NYT  -  951 words
    • SHORT TAKES
      • Article
        Lock icon The case against hospital births
        408 15 Agencies AN INTERNATIONAL health official has warned doctors that hospital births endanger the health of mothers and babies. Or Marsden Wagner, European regional director of the World Health Organisation, told an international conference in Jerusalem on Monday that hospital births risked lives because of impersonal
        Agencies  -  408 words
    • Article, Illustration
      Lock icon Oscar nominees attract protests
      572 15 THE ACADEMY AWARDS AP PROTESTERS picketed MGM-United Artists' studios in Los Angeles on Tuesday, the eve of the 61st Annual Academy AwardsfS** Our Choice)to demand an apology for the comic depiction of stuttering in A Fish Called Wanda. "If young children watch this film, they really
      AP  -  572 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      995 14 DUICH Where to entertain. MALAYSIAN HIGH TEA ONLY$7.OO++ <# ft Try Something Malaysian Style "HIGH TEA" From three to six every afternoon your choice of 15 Buffet spread of delicious Kueh Lapis, Kueh Dadah, Mee Siam, Kueh Kuchee, Agar Agar Gundil, Bubor Hitam, Gula Melaka and many more. Unlimited servings
      995 words
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      Page 14 Advertisements Column 2
      185 14 Have a Greek dear. yuM l; k I"I 3 s*£lg*. 7> m: S ft t i "m i i t, < uu l *H **19 •r an AIRWAVES I Mt 'V-V a ZODIAC T^T i fc# 1 111 i i W» A wfi Wi b \7 (MARCH) Ladtas'Ntt* r>A<y discount
      185 words
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      176 15 There's a cafe on a lush, green hi 11... where you can take a break. Meet friends Relax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee. Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. And much more. At Cafe in the Park A® Century Park Sheraton
      176 words
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      Page 15 Advertisements Column 2
      71 15 White out of Black 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. fi f v Qualitatsvvein* Hhemhessen v WFINKH HN F Nr.4907 M4O.W Eh rn-wl m 6t[inan| ahue Roman time- ti4 --m traditional atont
      71 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      639 15 CRYPTIC PUZZLE ACROSS 1 Is it piled on the floor? (6) 7 Soon to train madly on the ice! (2. 1. 5) 8 If she lost us. she'd still have me (4) 10 Smoothed out a drawing for the Editor! (8) 11 Hamper when I'm deep in disorder (6) 14
      639 words
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      Page 15 Miscellaneous Column 2
      1336 15 TV and RADIO Starry, starry night OUR CHOICE 61ST ANNUAL ACADEMY AWARDS, 9.40pm, Channel 5 Recorded earlier this morning, it will only be shown during prime time because SBC has realised that few people would be home to watch it 'live*. This delayed telecast will end months of speculation by
      1,336 words
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  • SPORTS
    • Article, Illustration
      Lock icon Court gives America's Cup to NZ
      599 16 YACHTING AP A MANHATTAN JUDGE has disqualified the San Diego Yacht Club as the winner in last year's America's Cup challenge and awarded the international sailing trophy to the defeated New Zealand club. State Supreme Court Justice Carmen Ciparick said on Tuesday that San
      AP  -  599 words
    • Article
      Lock icon Record entries for Malaysian Open
      223 16 GOLF AFP A RECORD 240 golfers from 21 countries, including defending champion Tray Tyner of the US, tee off today in the Malaysian Open golf championship at the scenic Ayer Keroh course in Malacca. The four-day championship, with a winner's purse of U5529,155, is expected
      AFP  -  223 words
    • Article
      Lock icon Dark Destroyer lives up to name
      192 16 BOXING AFP COMMONWEALTH middleweight champion Nigel Benn maintained his awesome knockout record on Tuesday, when he pulverised Frenchbased African Mbayo Wa Mbajo in Glasgow. The 26-year-old Londoner showed why he is nicknamed "The Dark Destroyer'' by halting the Zaire-born Mbajo just two minutes 20
      AFP  -  192 words
    • Article
      Lock icon Cavaliers reach new milestone with latest win
      427 16 BASKETBALL AP RON HARPER scored 15 of his 26 points during a Cleveland rally late in the third quarter and the Cavaliers reached the 50-victory mark for the first time in their 19 NBA seasons by defeating the Dallas Mavericks 102-90 on Tuesday.
      AP  -  427 words
    • Article
      Aussie doubles ace in DHL Open
      384 16  -  TENNIS By CHARLES SAVAGE BETTER KNOWN as a doubles player, Australia's Elizabeth Smylie is the moet recent confirmation for the $150,000 DHL Singapore Women's Open at Kallang from April 10 to 18. Boasting a solid forehand, the 25-year-old right-hander has crushed better-known opponents on
      384 words
    • Article, Illustration
      Lela sets big goals for year
      415 16  -  By A SURENDREN "I WANT to win as many tournaments as possible, especially the Open ones!" that's national tennis champion Lela Zainal's simple goal this year. She has made big sacrifices, passing up a two-year tennis scholarship at Tyler College in the US to
      415 words
    • Article
      Lock icon Top women's seeds reach semi-finals
      421 16 AP SECONO-SEEOEO Chris Evert and top seed Gabriela Sabatini have advanced into today's semi-final round at the International Players Championships. Evert on Tuesday won a third-set tie-breaker 7-0 to edge No. 11 Helen Kelesi in the quar-ter-finals in Key Biscayne, Florida. Evert rallied from a
      AP  -  421 words
  • Page 16 Advertisements
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      356 16 PEDALING GARDEN BERHAD (Incorporated in Malaysia) ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31ST DECEMBER 1968 The Board of Directors of Petaling Garden Berhad wishes to announce to shareholders the following unaudited results for the year ended 31st December 1988. COMPANY OROUP COMPANY Profit/(Loss) after Taxation and Minority Interest but
      356 words
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      Page 16 Advertisements Column 2
      306 16 r RENONG BERHAD (INCORPORATED IN MALAYSIA) Ist Fkxx, Renong Westcourt 126 Jalan Kelang Lama ***** K.L. UNAUDITED RESULTS FOR THE HALF YEAR ENDED DECEMBER 31,1988 The Directors wish to announce the unaudited results of the Group and the Company for the half year ended December 31.1988 Half Year Ended Hell
      306 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Singatronics hit by disk-drive slowdown
      474 17  -  By HERMAN PHUA SESOAO-LISTEO Singatronics Ltd has been affected by the slowdown in the disk-drive industry and the continuing worldwide shortage of certain electronic components. This was reflected in its 1988 year-end results, which showed a 36 per cent drop in group af-ter-tax profit to
      474 words
    • Article
      Lock icon HLI discloses M$27m investment in tile manufacturing
      370 17 MBT HONG LEONG Industries (HLI) Bhd has unveiled plans to invest Ms 27 million to expand its tile manufacturing operations. It is also planning additional investments in its motor-cycle and wire mesh businesses. Group managing director Lim How Soon said HLI plans to
      MBT  -  370 words
    • Article
      Wing Tai sure of meeting full-year profit forecast
      413 17  -  -by JOCELYN TOH WITH $5.03 million already in the bag at half-time, Wing Tai Holdings Ltd, which recently hit the headlines with its moves into the high-flying property sector, is confident of achieving its forecast earnings for the financial year to end-June.
      413 words
    • Article
      Lock icon Esso reports 25pc jump in profits
      316 17 Bernama THE CHAIRMAN of Esso Malaysia Berhad announced that the company's net profits after taxation from petroleum and ammonia operations in 1986 amounted to M 549.7 million, up 25 per cent from M 539.7 million in 1987. In his statement to be published in
      Bernama  -  316 words
    • Article
      LATEST RESULTS
      549 17 HONG LEONG INDUSTRIES BHD: Group profit after tax and minorities of MSB.OB million ($5.34 million) on turnover of $155.46 million ($128.09 million) for the half-year ended Dec 31, 1988. Earnings per share came to 5.7 cents (3.8 cents). An interim dividend of 6 per cent less tax will
      549 words
    • Article
      Haw Par after-tax profit down 18pc to $20.5m
      698 17  -  Extraordinary gains help attributable earnings rise 43pc By ROSIE TAN INVESTMENT and trading group Haw Par Brothers International Ltd has suffered an 18 per cent drop in after-tax profit to $20.49 million for 1988, but extraordinary gains boosted attributable profit to $36.79
      698 words
    • SES
      • Article, Illustration
        Market scores another year high as bargain-hunting follows profit-taking
        769 18  -  -by ANDREA BORCH THE LOCAL MARKET reached another high for the year yesterday as investors first took profits and then hunted for bargains «<nong warrants and lowerpriced stocks. Continued expectations of good corporate performances helped spur investors on as NOL, OCBC,
        769 words
      • Article
        COMPANY MEETINGS
        123 18 GOOOWOOO PARK HOTEL LIMITED: 41st AGM at the Tudor Ballroom, Goodwood »P*rk Hotel, 22 Scotts Road, •Singapore 0922 today, March 30, at 11.46 am n HOTEL MALAYSIA LIMITED: 26th AGM at the •Tudor Ballroom, Goodwood «P*rk Hotel, 22 Scotts Road, Singapore 0922 today at am Jo •MALAYA TIN
        123 words
      • Article
        Unit trusts
        328 18 Managers' prices for March 30 UOB Management Unifund 106 108 Singapore Unit Trust The Commerce 107 1.13 Unibond -f 1 01 1 036 MARA-Bumlputra The Savings Fund 0i9l 096* hrsl B putra 712 717 S'por* Prog Fund 0.41 0.45 Second B'pu'ra 6.13 618 Spore Sec Fund 0.49 0.74
        328 words
      • Article
        APPROVED ISSUES
        116 18 Company RIGHTS ISSUE 0 C Bank One-for-two $075 per *ore Ex dote March 9 Books close; Morel) 23 Acceptance A Payment May 12 George Town Three for two $1 00 per shore Ex-dote: Morch 13 Books close* Morch 2B Acceptance Payment May 12 Inno-Pacific Three-lor-iwo $1 30 per
        116 words
      • Article
        PROPOSED ISSUES
        323 18 Company RIGHTS ISSUE Ayer Hitam Tin On* lor OA* $1 10 per shor* Berjaya Corpn On* for on* $100 par p*r share C 1 Holdings 27 motion loon itocfcs in Hi* ratio of $3 loon stock lor *v*ry fiv* ordinary shores Hold Causeway Inv •ssu* of $7,232,937 nominal
        323 words
      • Article
        SES SHARE INFORMATION
        6025 18 Tel High Low Cod* Company SECTION ONE MOUSTRIAL A COMMERCIAL Last Sale MAR 29 orVol (•000) Day High Low Last Q Buyer f HO* Qr's Dlv Ofv C'VT Qr's rid Not P/E M Cap Smll 162 85 260 167 135 460 244 350 132 167 177 297
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    • KLSE
      • Article, Illustration
        Lock icon KL prices end mixed to easier
        3523 19 MBT UNCERTAINTY crept in again at the Kuala Lumpur stock market yesterday and profit-taking interspersed with selective buying resulted in a mixed to easier close. A broker said yesterday's performance was disappointing despite firm leads from overseas markets. The overnight Dow Jones average posted
        MBT  -  3,523 words
    • REGIONAL MARKETS
      • Article
        Lock icon MISC posts record M$390m profits
        363 20 MBT MALAYSIAN International Shipping Corp (MISC) has reported a better-than-ex-pected performance for the year ended Dec 31, 1988. with group after-tax profit amounting to a hefty M 5390.25 million. The substantial increase in earnings was achieved on the back of an 11 per cent increase
        MBT  -  363 words
      • Article
        Lock icon 'More profits for Japanese firms'
        203 20 Reuter JAPANESE corporations are expected to post profits for the third straight year during fiscal 1989/90 starting on April 1. a performance that last took place eight years ago. according to research institutions. But they said bottom lines will not be as dramatic as in
        Reuter  -  203 words
      • Article, Illustration
        Lock icon Nikkei at record high
        575 20 Tokyo AFP BULLISH sentiment persisted on the Tokyo Stock Exchange yesterday, three days before the start of a new fiscal year, pushing the key Nikkei Index to a record high after a month-long phase of correction. The Nikkei Average of 225 leading issues, which posted the
        AFP  -  575 words
      • Article
        Lock icon New Zealand: Little changed
        109 20 Reuter THE SHARE MARKET closed little changed on moderate turnover with the one highlight being Capital Markets' 17 cent jump to NZ$l.29 on the strength of the America's Cup being awarded to New Zealand. Capital Markets, a securities trader, has a tenuous link to the economic
        Reuter  -  109 words
      • Article
        Lock icon Manila: Prices end mixed
        144 20 Reuter PHILIPPINE shares yesterday ended mixed on Manila's twin bourses, but gains in commercial/industrials after traders placed hopes on real estate profits from Ayala Corp outweighed overall losses, brokers said. "The (Ayala Corp) charts are looking very constructive because of the real estate boom." said Mr
        Reuter  -  144 words
      • Article
        Lock icon Bombay: Profit-taking dampens prices
        149 20 Reuter SHARE PRICES yesterday closed mixed on late prof-it-taking after the market opened firm, brokers said. Cautious brokers were anxious to book profits after share prices had risen sharply for two days. "There is a feeling that the rise in prices was too sharp and fast
        Reuter  -  149 words
      • Article, Illustration
        Lock icon Market turning bearish, says broker
        1328 20 Hongkong Reuter BLUE CHIPS yesterday ended virtually unchanged in thin trading, in contrast to Tokyo's and New York's strong performance, brokers said. The Hang Seng Index slipped 0.05 points to 3,032.96 while the broad-er-based Hongkong Index shed 0.34 to 2.010.60. Turnover slipped to HK5677.61 million
        Reuter  -  1,328 words
      • Article, Illustration
        Gold stocks sell-off
        473 20 Australia THE STOCK MARKET was just off the day's low by the close, driven down by a sell-off in stocks with gold exposure. Brokers said the market was "soggy" for the second day running with negligible buying ahead of the expiry of a major options series today
        473 words
      • Article
        Lock icon Bangkok: Index up
        149 20 Reuter THE Securities Exchange of Thailand Index rose 2 85 points to 440.35 yesterday on a turnover of 6.723,593 shares worth 587.01 million baht. The Bookclub Index was up 2.40 points to 384.58. MAN n BAHT +b Ao Kham Thai 40a +6 t yudhyi InvMtmen l 38
        Reuter  -  149 words
      • Article
        Lock icon Seoul: Stock prices surge
        92 20 Reuter SHARE PRICES yesterday closed higher for the second consecutive day as investors bought stocks heavily in anticipation of an active April, brokers said. The composite index rose 6.68 points to close at 965.21 on turnover of 616.7 billion won against 424.7 billion on Tuesday. "The
        Reuter  -  92 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Investors sit out strong rally
        797 21 New York Reuter WALL STREET stocks staged an impressive rally on Tuesday, firming on a muscular US dollar, but many investors sat out the session due to uncertainty about the economy's direction. The Dow Jones industrial average rose 17.68 points to close at 2,275.54, adding
        Reuter  -  797 words
      • Article, Illustration
        Lock icon Prices rally In quiet trading
        922 21 London AP SHARE PRICES closed higher but below their best levels on Tuesday, as players gradually returned after the four-day holiday weekend and awaited with apprehension today's British trade report for February. Some players chose to extend their Easter holiday for an extra day resulting
        AP  -  922 words
      • Article
        Selected indices
        111 21 HONGKONG Hongkong Index Wodoesdoy 2.***** Tuesday 2.***** Weak ogo 2.***** Hang Seng Index Wednesday 3.***** Tuesday 3.033.03 Week ogo 3.***** All Industrials Wednesday 2.4325 Tuesday 2.4381 Week ogo 2.464 1 NEW YORK Dow Jones Tuesday 2.***** Monday 2.***** Week ogo 2.306 25 TOKYO Nikkei Average Wednesday 32.737 28
        111 words
      • Article
        Untitled
        934 21 Amsterdam MAN n FU ABN 41 5 Aagon 627 0.3 Ahold 103 5 Akzo 146 3 >09 AJranta ISA 4 AMEV 505 AMRO 61 1 Am Stad Barkal 147 0 0 2 BOCS 133 9 04 Borsumy 130 0 -0 5 1 Buatirman Taltaroda 04 S 0 2 Calva CSM
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      • Article
        Lock icon Trans World orders 20 Airbus
        129 21 Reuter TRANS WORLD Airlines Inc has ordered 20 planes from Airbus Industrie and taken options on 20 more in a deal valued at more than US$3 6 billion. Airbus will begin delivering the 300-seat A 330-300 twin-engine wide-bodied aircraft to TWA in late 1994 or
        Reuter  -  129 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        612 21 Agencies ZURICH: Swiss shares yesterday closed generally slightly higher on low volume dealers said. Many investors remained on the sidelines as the Swiss franc's weakness against the dollar and mark weighed on the market. The weak franc is seen as a major source of inflation and the
        Agencies  -  612 words
      • Article
        Lock icon Minorco must raise bid to win Cons Gold
        388 21 Reuter THE SOUTH AFRlCANbacked Minorco company bidding to take over British mining giant Cons Gold will have to put more money on the table if it wants to succeed. share analysts in London said yesterday. Minerals and Resources Corp Ltd has already
        Reuter  -  388 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      326 17 SHERIFF'S SALE MOTOR SHIP OR VESSEL "SOERAYA EM AS" (Admiralty in Rem No. 245 of 1988) PARTICULARS OF VESSEL Name of Vessel: "SOERAYA EMAS" Type of Vessel Single screw, all welded steel construction motor tanker vessel; fitted with 10 cargo tanks; with accommodation and machinery spaces located aft. Principal 93.7
      326 words
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      Page 17 Advertisements Column 2
      10 17 Results of OCBC, Ambassador Hldgs and Bonvaata Hldgs, BACK PAGE
      10 words
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      Page 17 Advertisements Column 3
      373 17 CURRENCY INVESTMENT AMI Rl( 1 XI'KI ss H.\\K TEL: 321 3333 Clambo has been held over OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) The Directors are pleased to announce the following:— Increase The Group The Bank The Group The Bank The Group The Bank 1 AUDITED RESULTS
      373 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      616 20 Haw Par Brothers International Limited (Incorporated in the Republic of Singapore) RESULTS FOR THE YEAR ENDED 31 ST DECEMBER, 1988 The Directors wish to announce the following audited Group and Company results for the year 31st December. 1988: Commentary on the Results The Group s turnover has increased substantially in
      616 words
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      Page 20 Advertisements Column 2
      9 20 Managers must manage, BT shows you how, every Monday
      9 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      5 21 Zurich prices were not available
      5 words
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      Page 21 Advertisements Column 2
      616 21 TIGER BALM LIMITED A member of the Haw Par Group (Incorporated in the Republic of Singapore) RESULTS FOR THE PERIOD 3RD JUNE, 1988 TO 31 ST DECEMBER, 1988 The Directors wish to announce the following audited Group and Company results tor the period 3rd June, 1988 to 31st December, 1988
      616 words
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  • Article
    OCBC profits jump 26pc to record $165m
    508 22  -  Substantial write-backs of loan provisions By ALVIN TAY BUOYED by a sterling secondhalf performance, the OverseaChinese Banking Corporation has turned in a 26-per-cent increase in after-tax profits to a record $165 million for 1988. The full-year result, which surpassed market expectations, could be
    508 words
  • Article
    Bank plans to spread international operations to Indonesia and Canada
    146 22 FOLLOWING its record results for 1988, the Oversea-Chinese Banking Corporation is now trying to spread its international operations to Indonesia and Canada. BT understands that OCBC plans to set up a representative office in Jakarta soon. Under the recent banking
    146 words
  • Article
    Lock icon UK current account deficit widens, India's trade deficit hits US$4.7b
    148 22 AFP BRITAIN'S balance of payments for February showed a higher than expected seasonally-adjust-ed current account deficit of £1.7 billion, the Department of Trade and Industry said yesterday. The January deficit was revised downward to £1.6 billion from an earlier estimate
    AFP  -  148 words
  • Article
    Johor invites S'pore investors to be involved in its economic growth
    530 22  -  By WALTON MORAIS WITH THE state government's new economic plan calling for Johor to become an industrialised state by the year 2005, Mentri Besar Tan Sri Haji Muhyiddin Yassin yesterday invited Singapore investors to become involved in the southern
    530 words
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    Lock icon Thai bank to open office in Laos
    144 22 AP A THAI BANK has received permission to become the first foreign commercial bank to open an office in Laos since the communists came to power in 1975, an official from the bank said yesterday. The Thai Military Bank got approval from the
    AP  -  144 words
  • Article
    Lock icon External debt: where Malaysia stands
    161 22 Bernama MALAYSIA'S debt position is better than those of other developing countries based on the gross national product (GNP) per capita. Deputy Finance Minister Senator Mohamed Farid Ariffin, replying to Senator Rokiah Zainuddin in the Dewan Negara, said yesterday the World Bank classified Malaysia in
    Bernama  -  161 words
  • Article
    Deregulation and investment dominate Goh's talks with host
    504 22  -  By ANNA TEO RECENT deregulation measures in Indonesia, and the opportunities they spell for Singapore investors, dominated discussions between Mr Goh Chok Tong and his host in Jakarta, Finance Minister Prof Dr J B Sumarlin, yesterday. The First Deputy Prime Minister met
    504 words
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    Lock icon Malaysian High Court reserves judgment
    401 22 PM LEE'S LIBEL SUIT AGAINST THE STAR Bernama THE MALAYSIAN High Court yesterday reserved judgment on applications by Singapore Prime Minister Lee Kuan Yew in respect of his libel suit against Star Publications Sdn Bhd and its group chief editor. Mr VK Chin. Justice Siti
    Bernama  -  401 words
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    Lock icon Comex gold
    77 22 Reuter COMEX gold futures rose early yesterday on scattered bargain hunting demand amid a sentiment that Tuesday's dollarbased freefall was exaggerated. There was also speculation that gold may have had a selling climax. April gold posted a gain of US$l.OO to U*****.50 an ounce and the June delivery
    Reuter  -  77 words
  • Article
    Ambassador finds itself in a deeper rut
    481 22  -  By ELAINE KOH INVESTMENT HOLDING group Ambassador Holdings, which has been the subject of takeover speculation in the past few weeks, has turned in its worst loss in five years. The group, whose biggest investment is a 49-per-cent stake in two Australian hotels,
    481 words
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    Lock icon Malaysian policy on privatisation outlined
    218 22 Bernama IT IS THE Malaysian government's policy to privatise all agencies involved in the commercial and industrial sector irrespective of whether they are profitable concerns or otherwise, the Oewan Negara (Senate) in Kuala Lumpur was told yesterday. The Deputy Minister in the Prime Minister's Department,
    Bernama  -  218 words
  • Article
    Bonvests bounces back with profit of $5.43m
    559 22  -  By KEVIN GWEE DIVERSIFIED Bonvests Holdings Ltd has bounced back to profitability after one year in the red. The group, which has been attracting interest in the stock market recently, turned around with group after-tax profit of $5.43 million on a turnover of
    559 words
  • LATE FILE
    • Article
      Lock icon Gorbachev meets news editors
      40 22 Reuter SOVIET leader Mikhail Gorbachev summoned senior editors to a meeting in Moscow yesterday, apparently to discuss the results and coverage of Sunday's election in which a string of senior Communist Party officials were defeated. Reuter
      Reuter  -  40 words
    • Article
      Lock icon China-Albania rapprochement
      68 22 AFP ALBANIAN Deputy Foreign Affairs Minister Muhamet Kapllani is in Beijing on a visit seen as the first step towards normalising relations with China after a break of 11 years. Mr Kapllani is the first senior Albanian official to visit China since the two split in 1978 after
      AFP  -  68 words
    • Article
      Lock icon Samsung-IBM patent swap pact
      69 22 AP SAMSUNG Electronics, one of South Korea's largest electronics companies, and IBM Korea, announced an agreement yesterday which allows them to swap patents in the design and manufacture of semiconductor products. "It is meaningful that this is the first cross-licens-ing agreement where a Korean manufacturer will
      AP  -  69 words
    • Article
      Lock icon Former NTT chief freed on bail
      65 22 AFP THE former chairman of Nippon Telegraph and Telephone Corporation was freed yesterday in Tokyo on bail of 15 million yen (US$115,000) after more than three weeks' detention on bribe-taking charges in the Recruit scandal. Hisashi Shinto, 78, one of the 13 businessmen and
      AFP  -  65 words
  • Article
    Lock icon Ex-HKSE chiefs case mentioned
    157 22 UPI EIGHT former officials of the Hongkong Stock Exchange appeared in court yesterday on charges of accepting bribes to facilitate market listings, the colony's anti-corruption agency said. The defendants, including former stock exchange chief Mr Ronald Li. are alleged to have solicited or accepted sub-under-writing contracts
    UPI  -  157 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      260 22 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitc hens, elegant one or two bedroom suites right in the heart of ()rchard Road. At The Aseott, we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate in
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      Page 22 Advertisements Column 2
      119 22 The Comex silver report was not available at preaatime. Why bring your guests to visit Sentosa and have seafood elsewhere? Now you can visit Sentosa and have seafood at the same time at: imr» I J KLUWS' rrm KEIXJNG floating SEAFOOD RESTAURANT We serve .'Singapore 's famous seafood. Thai chilli
      119 words
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  • SHIPPING TIMES
    • Article
      Eurotainer aims to capture 35pc of FE market
      227 23  -  By RAHITA ELIAS PARIS-BASED Eurotainer, the leader in tank container leasing, aims to capture 35 per cent of the Far East market over the next three years. As part of its ambitious plan, it appointed F L Shipping as its Singapore agent
      227 words
    • Article
      HKIL America lays off 18 marketing staff
      340 23 HONGKONG Island Line America, SA has laid off about 18 of its sales and marketing employees earlier this month as the steamship line's last transPacific vessel prepared to pull into Oakland. California. Most of the line's remaining 100 North American employees will remain
      340 words
    • Article
      Lock icon ABS closes its S Korean office due to disputes
      290 23 UPI THE American Bureau of Shipping, an authorised shipbuilding inspection agency, has temporarily closed its field office located in a building of South Korea's Hyundai Heavy Industries because of on-going labour disputes, a Hyundai spokesman said. The spokesman said the bureau
      UPI  -  290 words
    • Article
      Filipino group gets approval to operate cargo-liner service
      243 23 THE Philippine government has given a group of Filipino shipping executives a go-ahead signal to operate a passengercargo liner on the Hong-kong-Taiwan-Manila route. The group, which has formed the Asian Princess Shipping Corp (APSC), recently imported a new vessel worth US$l5 million
      243 words
    • Article
      Transferring of oil
      55 23 wmxim TUGS hold the tanker, Baton Rouge, up against the crippled tanker, Exxon Valdez, as oil was pumped out of the damaged tanker on Tuesday about 40km from Valdez in Prince William Sound. The tanker ran aground on Friday and spilled more than 11 million-gallons into the
      55 words
    • Article
      Lock icon Tanker industry: preparing for the 1990s
      1241 24 The final weeks of 1988 were heady times for tanker owners as rates and prices soared and a profitable new decade beckoned. A sharp dose of reality has followed, reminding the industry that overtonnaging, though much reduced, remains. However, in the longer term, a
      Lloyd's Shipping Economist  -  1,241 words
    • Article
      INDEX TO ADVERTISERS
      772 24 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 1/2 Alltrans IV 1 Anro Service IV 2/3 ANl 1 «/2 A PC line V 4 API III 3-5 Arrow lines IX 5 ASCI III 1 Balt-Canoda line VII 4/5 Bolt-Orient line VII 2 Baltic Orient
      772 words
    • Article
      Lock icon Japanese yards facing lack of workers
      386 25 Lloyd's List A SHORTAGE of workers may prove fatal to the Japanese shipbuilding industry, a leading spokesman warned. Tatsuo Hayashi. managing director of the Shipbuilders' Association of Japan, said the average age of the industry's employees had increased 30 per cent while the intake
      Lloyd's List  -  386 words
    • Article
      Philippines clamps down on smuggling
      302 25  -  By Al O LABITA Jr THE Aquino government has tapped Manila's overseas shipping industry in clamping down on rampant cases of smuggling ot imported goods. But so far, says the Garments and Textile Export Board (GTEB), many shipping companies have remained "uncooperative" in the drive
      302 words
    • Article
      Lock icon WEEKLY FREIGHTS
      463 25 AFP THE dry cargo market was a little lacklustre over the past week due to the Japanese holiday on one hand and the run-up to the Easter holiday elsewhere on the other hand, brokers reported. The Biffex (Baltic International Freight Futures Exchange) index closed down seven points on
      AFP  -  463 words
    • Article
      PORT CONDITIONS
      239 25 ALL SURVEYS were conducted on March 7. Argentina All ports Normal operation. Bangladesh Chittagong 25 vessels operating. Mongla 20 vessels operating. Brazil Santos 60 vessels operating. Rio de Janeiro 30 vessels operating. (Wnnn uflrntroovi Douala Normal operation. Chile All ports Normal operation. Cyprus Limassol and Larnaca Normal operation.
      239 words
    • Article
      Lock icon 100 missing in ferry mishap
      85 25 Reuter RESCUERS using fishing nets retrieved four bodiee and nearly 100 other people were missing after an. overloaded river ferry capsized in southern Bangladesh. Police said the ferry. Taqdir, sank in the swirling Meghna River in Patuakhali district on Tuesday with at least 200 people
      Reuter  -  85 words
    • Article
      SHIPPING LIST
      2042 30 Tolaga'aay Triot. March 30 M Pari*. UmiM Lin*. March 30 Ever Glamour Evargraan Marc*) 31 Ming Enargy Yang Ming. April 1 Nihon. ScanOulcht. AprH 3 U Bontang. Q|aaagalrl April 3/0 Noraaia Al Muntaiah. Noraaia Llna April 4. Yin Ha China Ocaan Shpg April 4 Evar Qrada Evargraan April
      2,042 words
    • Article
      LONDON FREIGHTS
      1153 30 THE dry cargo freight market was (airly quia! on Tuesday attar the Easter holidays and the Baltic Freight Index subsequently eased six points to 1.632. brokers said Grain loaders out of the US North Pacific were a weak feature with business fixed down to US$l6 to Taiwan, which
      1,153 words
    • Article
      SHIPS IN PORT
      1373 30 AT CONVENTIONAL WHARVES Bart* Arrival Dapartura KEPPEL WHARVES Aconcogao CIO otongudo X 03,1400 CAttagtoag *17 otongiato 01 04X3400 uo, *22 otongvda X03X3700 *>»«•»•/•" *20 otongatd* 3100/0100 *31 otottgiido X030»00 b.PW*«g Kit JOOMMO Mor.twoVic 04 ok>«gi«M 3003 2300 Polar ■twld K30 oionguda X03/H00 *21 ok>«g»/d« 0304/1500 •w* koota
      1,373 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      674 23 itju,-J*.i k, HIES i STP Distributors Dgjicqfed to Qwalify st!n/icf. Jnrdines ri,; 200 Cantomnont Road #12 06 Southpomt, S.fupoc** (808 T« 221® 11 TEIEX NO RS ***** TERMINAL/CFS TH *****18 220 BOOKINGS TH J*****4 235 PfSAKA JAROINE SHIPPING AGENCIES SON. BNO POUT KEIANG TU: *****18 TMoi No. MA*****/H4A3970 PCNAN6 TEL
      674 words
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      Page 23 Advertisements Column 2
      64 23 EVENTS during the final months of 1988 again served to underline the improvements made in the tanker market's tonnage balance since the mid 1980s. P«g« II A SHORTAGE of workers may prove fatal to the Japanese shipbuilding industry, a leading spokesman warned. Page 111 Index to advertisers II Ships in
      64 words
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      Page 23 Advertisements Column 3
      938 23 IMTERMAMNE SUPPLY CO (PTE) LTD T««: *****33 (9 Nam) Tta: IMCCO R*****8 Fu »»4477 MAERSK LINE ETA ETD This Lm M Closing Tims CV S/4 2300 MRS CFS S/4 1300 MRS LEXA M 8804 6/4 MCKINNEY M HO4 11/4 LEDA M MO4 16/4 LCA M 8804 25/4 MAR IT M
      938 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      572 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ROTTERDAM/ ANTWERP ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST, DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG BREMERHAVEN ROAM/ ANTWERP LE HAVRE SOUTH- KAOAMPTON P. KELANG S PORE HONGKONG HSIUNG CITY Of
      572 words
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      Page 24 Advertisements Column 2
      17 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 24 Advertisements Column 3
      969 24 TO EUROPE REGULAR INDEPENDENT FULL CONTAINER SERVICE (VIA FEEDER) NORASIA AL MUNTA2AH VS9O4 3 NORASIA SAMANTHA VMOS 3 WOENSORECHT V 8906-3 NORASIA MUBARAK VMO7-3 AI«o accoptin| cargo to all U.K. Destinations, Scandinavian (Aartius, Copenhagen, Gothenburg) and other European Inland points. Anterp via Rotterdam Bremen via Hamburg BCL/VLC ALX* TO MEDITERRANEAN
      969 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1303 25 gj The Straits Steamship Group CONTAINER SERVICE TO UK/CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok PfCASUS PROGRESS VSC4N 0 03 Apr «-M Apr Pf CASUS PIONttR V2SN 07 M Apr 10-U Apr BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****60 SINGAPORE TO SABAH. SARAWAK AND BRUNEI Alio
      1,303 words
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      Page 25 Advertisements Column 2
      528 25 EURO BOX LINE EXPRESS CONTR SVC TO CANARY ISLES, PORTUGAL, W. MED tCCEPTWC Fa in. ti mi ksthmtnu CUIUMH TAMKI TVMS agents: VEWSUL 0 Tel: *****77 AtitNCitSP rti. rr> TO USA/CANADA WEEKLY FULL CONTAINER SERVICE FEEDER P. MONROE VSBE P. MONROE VSIB P. EISENHOWER V«6 P. LINCOLN Vll P. GARFIELD
      528 words
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      Page 25 Advertisements Column 3
      70 25 C€ SENATOR EUROPE LIAO IDttCHAME AIT 6EMUI SEIATM TAMAI SEIATM AWKAI SEIATM EUMPEAIS SEIATN INIMM VESSEL LOAD W AIT MEMEN SEIATM BELSIAN SEIATM SMtAPME SEIATM LDMM SEIATM EE M 7 EE Ml EE Ml EE 111 1103 Z4.n •7.14 ZIM ACCEPT* CAMS TO FVM NAM ME OTHER UK PtMH M
      70 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      329 26 kXSINOSE MARITIME PTE LTD ISLAMIC RIPUBIIC OF IRAN SHIPPING LINKS Singapore Loading for:IRAN BAYAN PJLUI Sid BANDAR ABBAS SOUTH PACIFIC agmviCE ■OTHER VSL KYOWA VIOtET V 24 KYOWA HIBISCUS V HK LOAD FOR: 31/3 VILA, NMA. LTK, SUVA, PACO. APIA 3/4 GUAM. SAIPAN, HRA, VILA NMA, LTK, SVA, PAGO, APIA
      329 words
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      Page 26 Advertisements Column 2
      878 26 HANJIN SHIPPING CO., LTD FVI.I.Y CON rAINERt.SED .SERVt c TO EUROPE VIA SUEZ TO FAR EAST PORTS HANJIN HASAN 471 QUEEN'S WAY BRIDGE 7E CHOYANC PARK IE HANJIN OAKLANO IE FROM EUROPE VIA SUEZ KUANTAN S PORE LOADING FOR 20/4 DUBAI. DAMMAM. KUWAIT TO USA PACIFIC SOUTH WEST SIN T/S
      878 words
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      Page 26 Advertisements Column 3
      133 26 SINGAPORE CLORT VMS SUSAN GLMT V«M P KELANC PENANC INCHON BUSAN 1 Apr 3 Apr U Apr U Apr I Apr I Apr 17 Apr 1* Apr 14 Apr U Apr a Apr »Apr S Apr X Apr 5 Kay 7 Hay Full Contalnorteod S«nrkc« To Hongkong SPORE PKELAN6 PENANC
      133 words
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      Page 26 Advertisements Column 4
      1101 26 ©evergreen ruli Con time' Service Round-The-World East Bound (FE/CARIB/USEC/EUBCVFF WU. SGP MKG KSG lOC PUS MKT QSM WM GOLDEN 2SM3 31/03 MAI auM mr* 5£ !7J. S. WW GLORE ffiS £2 "2 w Ufi U k asiissSsiSEs a sssss ssszssEsgssfcssg also accepting cargo to 1) PROVIOENCE. NEWARK. SAVANNAH. NORTON PHILADELPHIA
      1,101 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      566 27 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES ACCEPTING MURURAN/TOMAKOMAI/HITACHI CARGO VIA HKQ [JAKARTA VESSEL SEA PEARL SEA PEARL SEA PEARL MAI QUANG SEA PEARL I SEA PEARL l SURABAYA/SEMARANG VESSEL KOTA MELATI KOTA MELATI GOWA KOTA MELATI SEA GLORY SEA GLOBY
      566 words
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      Page 27 Advertisements Column 2
      270 27 INTEROCEAN UNE 78, 2nd Floor, Jalan 2/71, Tainan Tun Dr. lamall, ***** KL. Tal: *****34, *****94, *****29 TLX. HO. MA-***** FAX: 03-*****11 Panang Oft: Tal: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS LOADING FOR AUSTRALIA SYO. MELB. ADE. BRIS. FREM UK/EUROPE LE HVE, HBG, BREMEN. R DAM. GENOA. ANTWERP,
      270 words
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      Page 27 Advertisements Column 3
      572 27 \tm\ BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAH I HAVEft DAM MAV«( STON City ol Etinturfft Sailtd Santd Sailtd StiM Sailtd L»rfi hy Sj.ltd SjiM London I«rw Sailtd Sailtd •tncaim SuM Kwama Ham O/J Hw*urf Eiprou Sailtd Sitd Li Shh Sailtd M/ 3
      572 words
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      Page 27 Advertisements Column 4
      474 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY MATARAM/23W8 PALEMBANG/12WB KUTAI/16WB ANTWERP H'BURG/ RDAM/ADAM BREMEN 11/5 16/5 6/6 11/6 17/6 22/6 Subject to Inducement. Also accepting cargo to Casabtanca, Port Said, Port
      474 words
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      Page 27 Advertisements Column 5
      389 27 BOUSTEAD SHIPPING AGENCIES MYOMAYWA VU6W PA-AN VI36W PAGAN VMM HTONEYWA V24CW BURMA FIVE STAR SHIPPIH6 cnipnmioii (Burmese National Line) Loading for Rangoon > S'pore P Kelang Penang Bangkok j BANK UNE EMI CONTAINER SERVICF NORTHBOUNO TO UKC SPORE ROAM HMBG HULL CLYDEBANK V2SN In Pt 27/4 1/5 4/5 TAMATAI SAMOA
      389 words
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      Page 28 Advertisements Column 1
      834 28 Q K l INK KAWASAKI KISfcN KAISHA. LTD. W 1 mammmm mm EXPORT 0. FSHIP Vl3/00CL FREEDOM OOCL FAITH NEPTUNE JADE VlB/00CL FH OOCL FORTUNE AMBASSADOR BRIDGE IMPORT ORIENTAL FRIENDSHIP -OOCL FAITH "NEPTUNE JADE OOCL FORTUNE FCEDCR FEEDER VESSEL ORIENTAL FRIENDSHIP OOCL FAITH MARIA NEPTUNE JADE OOCL FORTUNE LA/LB OAK
      834 words
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      Page 28 Advertisements Column 2
      584 28 AUSTRALIA EXPRESS CONTAINER SERVICE f m TULSIDAS V 40 S Apr ML I DAS VC 9 M«, TU LSI OAS ¥.41 31 Ma, KALIDAS *43 30 Jum TU LSI OAS ¥.42 Jut, Iran* Inn* Smpporr Mdbourn* 11 dart Accepting FCLVFCL Container* S«nppof« P KManf Pmanf loadni| tor •Whir W Br
      584 words
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      Page 28 Advertisements Column 3
      413 28 GG. GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 11, r«M AMr Sr SINCAMMt 0104 ru VMM! (to I IMS) fit: U«HW K«tan« Pwwnc STRAITS/PERSIAN GULF SERVICE: Sport PI SOL DEN MAVEN CatomOo'Ktrtchi-DutM. M Apr SOLDtN KAR Cotantx*lUr»ci>i/Oub«i U/U Apr CHINA SERVICE VESSEL Huingpu Sh*nfh*> «A Apr CHINA OCEAN SHIPPING CO.,
      413 words
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      Page 28 Advertisements Column 4
      358 28 LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD eOM2 AFRO-ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 lAST/FM EAST FCL ft LO. ETA SINGAPORE DESTINATION Jff; i% M 1V« H*, NEW GENTRADE 31/3 EMT/WBTAnBA/Ma. *4. 12/4 rr^wr nrr W. V 4. M f' 7 CHITTACONC m ft lcl
      358 words
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      Page 29 Advertisements Column 1
      277 29 NEPTUME KGCNCIS PTE. LTD. Hoofcinm 8oo«ing» Inward/ rwminai CFS fnqjmw fl CIWAUSf !Pa SfA Outward *****22 *****43 2/W977 2tHK3 ins/42 2/8/W4 *****19 2/90U6 2«0UI *****48 t NEPTUNE NOL ORIENT UMES LTD NIPIINI SON BHO PKeUng M Lumpur Ptnana WW/ *****31 *****? ANNOUNCING NOES MEDITERRANEAN SERVICE OMEX SERVICE (FAR EAST-MEDITERRANEAN SERVICE)
      277 words
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      Page 29 Advertisements Column 2
      384 29 •5 00* A* HEUNG-A SHIPPING Korean Flag Vessels SEM:-containerised direct service to KELANG PENANG KEEIUNG BUSAN INCHON I Vessel's Nam* ETD BS S PORE NO I DONAM/9C3N lt/03 In Port •DRAGNET 903N Z3/03 04 05/04 NO 9 DO* AM/SB* 30/03 09-11/04 #GLO«IA/*XN 08/04 11-1W NO lON/W4N 14/04 24-21/04 SPORE PKL6
      384 words
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      Page 29 Advertisements Column 3
      146 29 b.K JE CONTAINER LINE f TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST JE CNTR LINE (P KELANG) TEL (03) W 1200 1 JE CNTR LINE (PENANG) TEL (04) *****6 INDIA/S.E. ASIA ConventionslV LCL/FCL Sorvtce To COLOMBO, KARACHI, CMITTAGONG, BOMBAY, MADRAS CALCUTTA IJIl J
      146 words
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      Page 29 Advertisements Column 4
      882 29 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 ***** rtNANG p KIIANG S S* HANOIINC SYSTEM CO SON BHD M<ua mninf r a </nl?*oun No 14
      882 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      224 30 Ha SINGAPORE SHIPPING CORPORATION (PTE.) LTD. 11l 225 i>B6B 114 I inn) FAX *****30/>»24«*J/6 nilX HS 29.M8 A/B S.SDMA. HS 2938!) A/H SSCAI) DSR-LINES •56 OEuTPqACHT Se6R6so£R£ POS^>: INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE ■VIA LWWUCA: ACCIfTIN6 CARCO FOR IWASSOL. BEIRUT, LATTAKIA, ALEXANDRIA,
      224 words
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      Page 30 Advertisements Column 2
      102 30 I T.S.K. LIME WEEKLY CONTAINERISED SERVICE WITH FIXED OAY ARRIVAi EXPORTS TO TAIWAN JAPAN □E223H8C8 Qfl Em OCZfI USM EZ9 C 3 EZBi HAKUSAN II V 4 CONTINENT WO KABUKI WO HERMES ACC WO HAKUSAN II *li CONTINENT W1 iQiQimymiQigigm icuyiHßaijtja IMPORTS FROM JAPAN TAIWAN CONTINENT WO KABUKI WS HERMES
      102 words
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      Page 30 Advertisements Column 3
      177 30 SIGMA EXPRESS (S) PTE LTD (INTERNATIONAL FREIGHT FORWARDERS) TEL: *****44 (6 Lines) FAX 2M9275 TLX: RS ***** SHIP WEEKLY LCL/FCL CONSOL. SERVICES TO VANCOUVER, TORONTO, MONTREAL (CANADA) SPORE VANCOUVER TORONTO MONTREAI SCHENKER V 1/4 25/4 1/5 2/5 SCHENKER I 8/4 1/5 7/5 8/5 SCHENKER II 15/4 8/5 14/5 15/5 SCHENKER
      177 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      159 30 Regional Weather n m 15 Si m~. 3J L. !>l£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJlft. March 30, 1909 Wmd drection «mh speed n knots Wove height LfGCND R Temperoture c A\ y Shower Weother —W*xJ drection with speed r» knots Ron U Cloudy Sky W V h
      159 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      593 31 J&FARGO shipping TeI:SS4 01SS REGULAR EXPRESS FCL LCL SERVICE inrrgcann VSI TNT tigriu 221 E. HUDtC 222 SRUSSEL 224 C. VEROUMC 225 Also accepting cargo to:AUSTRALIA Adelaide, Brisbane NEW ZEALAND Wellington. Napier Christchurch TO USA/CANADA If DATS FROM FOS/MARSEILLES! FROM USA/CANADA/EUROPE/MEDITERRANEAN VsJ TNT Express E.HUOIG BRUSSEI C. VEROIME IBEIEgiBIETMO^BEMIBSM AGENTS
      593 words
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      360 31 EJ RICHfIELO MARINE AGENCIES IS) PTE LTD TEL 2250' )J 110 L CA* 225'1M TELEX AS ***** PISMIP (3 linet a rttt 353 U s CALCUTTA/KARACHI/CHTGONG/CBO REGULAR CONVENTIONAL LINER SERVICE Venal Nam) 8 por« lM*| Far CALCUTTA CALCUTTA mtmm II yean WKL PAKISTAN NATIONAL SHIPPING CORP., KARACHI. MALAYSIA KARACHI MIDDLE
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      805 31 CCNI COHFANIA CHILENA OE ■1 Mi)) naveoacion m II m\'v inteaoceanica «a (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE ARI IQUIQUE VALPARAISO STO R llllltS IiIMS CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Agent NEPTUNE AGENCIES PTE LTD BOOKINGS: *****34, *****71, *****65 THONG LEE EXPRESS SHIPPING
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      251 31 n UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 Q IRAQI LINE *0 1 S'SM »*T(•»» !S( »0» ■iP 'I TRIMS'C* T EAST BOUND SERVICE ETA S PORE LOADING FOR *V ALWASITTI 7/4 S Korea. Japan THROUGH B/lt to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA
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      Page 32 Advertisements Column 1
      540 32 Hai Sun Hup Co (Pte) Lt TEL *****06 (20 Lines) TLX R*****1 R*****2 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! VESSEL VOY NO. Moji Tomakomai ASIAN CLIPPER 114 S'port Sailed P. Kelang Penang Hong Kong Yokohama Nagoya Osaka KOGGEGRACHT ASIAN ORCHID 1 1 •For Discharging Only NOTE: ALSO
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      Page 32 Advertisements Column 2
      813 32 Tri. nun vAkir iimc weekly express independent TMNU LlrlC FAR EAST/EUROPE FULLY CONTAINERISED SERVICE HANJIN TONGHAE «7W HANJIN ROTTERDAM 2W CHOYANC CHANCE 41W HANJIN HASAN 4(W Also accepting for Inland UK dwtinatiom Antwr p and Scandinavian porto FMG FLOTA MERCANTE GRANCOLOMBIANA saT'ON*. o» b. A EABTBOUND HANJIN HASAN 47E QUEEN
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      653 32 CP£ CALL US Af: P KEIANG PENANG J. BAHRU P GUDANG SINGAPORE K. LUMPUR 3685/53/368/111 04 *****2/4, 62/2*3 0/ *****8 0/ 5113/3, 5113/5, *****0, 5133/1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER I BUTANC W I BUTANC SB I. BUTANC SO I B BUTANC SO «M
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