The Business Times, 21 December 1989

Total Pages: 40
1 40 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 170/12/89 THURSDAY, DECEMBER 21, 1989 75 CENTS
    11 words
  • 236 1 Footsie up LONDON share prices were sharply higher at mid-day yesterday, boosted by Wall Street s recovery on Tuesday. At about 12.15 pm (1215 GMT), the FT-SE 100-share index was up 20.8 points, or 0.9 per cent, at 2,362.9 points, compared with a morning low of 2,348.5
    236 words
  • 552 1  -  TICKETS IN SINGAPORE STILL RELATIVELY CHEAPER By JOHN TAN TRAVELLERS from Singapore will have to fork out more for airfares to several popular destinations next year. Sources said the Singapore National Intra-Orient Committee (SNIC), a grouping of 19 major airlines operating between Singapore
    552 words
  • 153 1 Reuter BRITAIN will grant full citizenship to 50,000 key Hongkong residents and their families, allowing a total of about 225,000 Hongkong Chinese the right to settle in the country, government sources in London said yesterday. Full British passports, immediately valid, would be issued
    Reuter  -  153 words
  • 535 1  -  By ELAINE KOH MAJOR OIL rig builders are involved in fierce competition for a plum contract in the market, believed to be in the region of $500 million-$6OO million, with names like Far East Levingston Shipbuilding and Promet Bhd said to be
    535 words
  • 144 1 IN THE absence of fresh factors, regional stock markets closed mixed yesterday. In Tokyo, the Nikkei Stock Average gained 72.90 points to end at 38,512.00. Turnover rose to an estimated one billion shares from 965.56 million shares on Tuesday. In Singapore, gains by indexlinked issues pushed
    144 words
  • 234 1  -  LIM MUI KHI HONGKONG shipper IMC Holdings staged a strong maiden appearance on the local stock exchange yesterday, auguring well for Singapore's renewed efforts to encourage more foreign listings here. Turnover of the company's shares reached nearly 2 million units, making it
    234 words
  • 558 1 Agencies THOUSANDS of US troops, supported by helicopters and warplanes, attacked Panamanian military bases throughout the country yesterday, leading to the closure of the Panama Canal for the first time in 75 years. Washington intervened in a bid to apprehend Panama's Defence Forces
    Agencies  -  558 words
  • 161 1 Reuter TAIWAN'S over-the-counter (OTC) stock market got off to a slow start as market makers withheld shares to let the stock price rise to its 7 per cent maximum daily limit. Thomas Tsai. vice-manager of the OTC division of the Taipei Securities
    Reuter  -  161 words
  • Page 1 Advertisements
    • 140 1 Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. 235 1333 Kuala lumper: Phone. 757 0233 Penang Phone 615 985/619 014 Jakarta: Phone 374 085/380 1472 t SfjCi* M'j&t y I|P Z < yfi .:'i ■Wp»»JK JpBJRft."BUK The OUB Housing Loan Scheme takes over many of
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    • 209 1 Full report, PAGE 20 Regional mkts, PAGE 22 World mkts, PAGE 23 [J CSM boss behind Commodities 19 Editorial Comment: 8 Satellites for China 7 purchase of 29 spc Palm on. Metals. The levy in perspective US approves export stake in AISB Produce. Rubber, Tin Company Meetings 20 Sale of
      209 words
    • 21 1 Cooperating with the comrades, PAGE 8 PM's visit to Kedah end Penang: Where dynamics at growth know no borders, PAGE 8
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    • 27 1 Excfcnfv 7066 C *W >VU jjkU *|fWI|TR KT^3 v f vlflfefewJP SSBP!S> S3 JlfekClß* SEIKO Man invented time. Seiko perfected it. INSIST ON SEIKO'S INTERNATIONAL GUARANTEE CEffHHCATE
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  • HOME NEWS
    • 390 2  -  By LEE HAN SHIH THE SINGAPORE Tourist Promotion Board (STPB) appears to have delayed its intended sale of a plot of land at Tanglin for development into a giant hotel and commercial complex. Following its rejection in late September of all
      390 words
    • 165 2 JAPAN'S Kobe Steel Ltd said yeaterday that it waa forming new subsidiaries in Singapore and Auatralia to strengthen its presence in the two countries snd promote inveetment in the Asia-Pacific region. The company plans to incorporate its Singapore office in January as Kobe
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    • 461 2  -  By LILIAN ANG CHINA NATIONAL Chemicals Import and Export Corp (Sinochem) has renewed contracte with three Singapore oil refiners to process 45,000 to 55,000 barrets per day (bpd) of Chineae crudes in 1990, industry sources said. "The yield package is unchanged and there
      461 words
    • 1013 2 ARRIVALS DEPARTURES Operator Service local From Operator Service Local For number Hme number Nme c StA Al/ 0*45 0a SU SO/ 0600 DXI/LHt SQ407 IAI22 IAC ICS35 0655 MAA TMA T***** 0630 MCK/SMJ/KY W SIA SQ491 0725 »WN NWA NW00S 0645 TYO/SEA S1A SQ411 0740 BOM MAS
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    • 160 3 SINGAPORE Airlines is investing $3 million more in a second diagnostic testing unit for avionics on its new Boeing 747-400 Megatop ultra long-haul jetliners. An SIA statement yesterday said the national carrier had officially signed an~order agreement with French aerospace conglomerate Aerospatiale
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    • 99 3 SINGAPOREANS are no more promiscuous, or careleA, than last year, according to the Ministry of Health's latest statistics on sexually-transmitted disA ministry statement yesterday said the 352 casta of infectious syphilis. 361 cases of gonorrhoea, antf two cases of Aids virus infection that it has been notified
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    • 155 3 SINGAPORE has been admitted as a member of the International Council of the Societies of Industrial Design. "The ICSID membership and the recognition by the international design fraternity mark another milestone in the Trade Development Board's design promotion effort which started in 1965."
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    • 92 3 REFLECTING a good year, the Shaw Foundation has nearly doubled its donation to charity, bringing the figure to $11 million. Last year's figure was $6 million. In a statement yesterday, the Foundation said the money will go to more than 300 charitable organisations. However, a
      92 words
    • 459 3  -  By SUZANNE SOH THE LATEST to jump on the bandwagon of landlords cash-ing-in on the strong demand for retail and office space in Orchard Road is listed Hong Fok Corporation. The property group, which now owns 95 per cent
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    • 481 3  -  By GENEVIEVE CUA DEMAND for office space along Alexandra Road, outside the Central Business District, is so strong that one landlord recently put a vacant unit up for tender. This move is most probably a first in a sector which of late
      481 words
  • Page 2 Advertisements
    • 112 2 :JH| jfl -^fasH -s» **a£^tiM S^H K A V ft "\jj%> 1 HPFy '^m.^^HH T *wegfc&fe* nl -y^^saßß^B^Mßa^BßM^M| wl j.; :4>aMiBimß^ESi&Bat&&m2&mßßaa£mU^^^^^^^^^^^ HHHHHHHHHHHIH^HHfIB^^ 1 __^M*22H| r-«l^ MITSUBISHI GALAMT 2 OGLS. HATCHBACK MITSUBISHI fiALANT 2 O SUPER SALOON ALLOV RIMS ARE OPTIONAI A COMPLIMENTARY GENTS' OR LADIES' ROLEX WATCH AND THE MITSUBISHI
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  • Page 3 Advertisements
    • 509 3 Computers and Communications NEC 90 YEARS A LEADER IN TECHNOLOGICAL DEVELOPMENTS A SPECIALIST IN COMPUTES AND COMMUNICATIONS UNWAVERING DEALER RACK OP SUPPOSED BY A REGIONAL SUPPORT CENTRE OFFERS THE WIDEST RANGE OF COMPUTER PRODUCTS AND PERPHERALS NOW. ABSOLUTELY NO EXCUSE TO SAY NO TO NEC It's the best-ever deal from
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  • Page 3 Miscellaneous
    • 160 3 2nd weather* forecast 6% Ma* Note OUTLOOK: Occasional CO toport for 24 hours prior A «o 7.30pm on Doc 20 at After doon 03/-1 Windy airport, A—toiduni 09/04 Windy "tin trmp Aihom 20/09 Sunny Assoc humidity tS Auckland 22/14 Cloudy MntMnp. 23.S longkok 32/20 Fair Assoc humMNy §7 Hhg -1/-8
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  • Page 4 Advertisements
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  • FOREIGN NEWS
    • 280 5 Reuter AFP THE UNITED STATES has firm information that a massacre of civilians took place in the Romanian city of Timisoara on Sunda*. a senior government official said. The official, who asked not to bfr; identified. said Washington had received many reports
      Reuter; AFP  -  280 words
    • 257 5 AP AMERICAN AIRLINES INC. which b4fcame the largest US domestic carrier this year, la taking advantage of the industry's weakness tepush (Or international expan*Py the middle of next year, tb* airline will have about 166 fHfhts weekly to 18 European citisfe
      AP  -  257 words
    • 366 5 AP Tfffi! EUROPEAN COMMUNITY unveiled yesterday a proposal to reduce, but not elihflnate, farm subsidies over a period of Hire years. 1 the plan, officials said on Tuesday, represents the EC position in crucial talM to reform agricultural trade in
      AP  -  366 words
    • 267 5 Reuter THE BRANDENBURG GATE, symbol of a divided Germany and Cold War confrontation, will reopen on Saturday as a Chrjstmas present for Germans yearn-ira-for national unity. *he opening of the 200-year-old nedtclassical arch along the Berlin Wall will mark the latest great leap forward
      Reuter  -  267 words
    • 201 5 Reuter EAST GERMANY can expect over 10 billion marks (US$5.B billion) in credits from Bonn to help revive its crippled economy, West German officials said on Tuesday. feonn's Chancellor Helmut Kohl and Eatft German Prime Minister Hans Modrow discussed the package in their first
      Reuter  -  201 words
    • 217 5 AP US PRESIDENT George Bush on Tuesday signed a US$l4.7-billion deficit reduction bill for the current fiscal year, ending automatic across-the-board cuts that had been impoeed in October. Mr Bush's action put the final wraps on a federal budget for the year ending
      AP  -  217 words
    • 446 5 AFP Reuter ECONOMISTS on Tuesday described the US economy as stagnating after the announcement that growth last month in the US consumer price index (CPI) was 0.4 per cent. They said that when combined with a reported 4.7 per cent decline
      AFP; Reuter  -  446 words
    • 378 6 Bernama TWO MALAYSIAN companies are reviving 30 abandoned housing projects throughout the country worth more than Ms4so million. The companies are Coopers and Lybrand Malaysia (C&L). a leading accounting and consultancy firm and Credit Corporation (Malaysia) Berhad (CCM), a local finance company.
      Bernama  -  378 words
    • 301 6 Reuter .EADERS of the failed Philippine miliary coup may assassinate President Aquino if she refuses to tep down, according to the trancript of a US television interview eleased in Manila yesterday. Rebel leader Qregorio Honasan onfirmed the possibility in an interiew with
      Reuter  -  301 words
    • 172 6 Bernama THE MALAYSIAN Registrar of Societies has not approved the application of Angkatan representing Bemangat 46, PAS, Hamim and Berjasa because of non-compliance with registration procedures, Deputy Home Minister Oatuk Megat Junid Megat A yob said. "Its approval will take time because of
      Bernama  -  172 words
    • 160 6 Reuter TAIWAN has signed a memorandum of agreement with Vietnam under which it would establish an industrial zona in Dongnai Province, the Sino-Viatnam Industrial and Commarcial Association said. Association chairman Barnard Joai, who raturnad from a trip to Vietnam with 37
      Reuter  -  160 words
    • 256 6 AFP FLAG CARRIER Garuda Indonesia has ordered 12 new medium-sized twin-jet Fokker 100 airliners from the Dutch manufacturers, company apokeaman Sofyan Alty said. Delivery of the planes for short and medium haul routes will be made in two years starting in 1901. Mr Alty
      AFP  -  256 words
    • 461 6 AP US DEFENCE planners have suggested drastic cuts in US troop strength in the Pacific, including a possible two-thirds reduction in the US Army preeence in South Korea, according to a report published yesterday. The options for troop cuts were
      AP  -  461 words
    • 445 6 Reuter A LOWER NOVEMBER current account deficit should provide further evidence that the overheated Australian economy is slowing, economists said. Forecasts for the November deficit, to be released tomorrow range between Asl.3 billion and Asl.9 billion, down from the October shortfall of
      Reuter  -  445 words
    • 423 7 NYT WljflY Of further trade friction, #UN6 car makers want Tptyo to extend the so-called voluntary quota on car exports to tkt United States when the currtgit promise expires in March. >'Officials at Japan's major car Manufacturers say that
      NYT  -  423 words
    • 348 7 AFP JAPAN'S ruling Liberal Democratic Party (LDP) has adopted a package of tax reform proposals in what was seen aa a move to appease the public before general elections expected in February. The wide-ranging package cafis for a reviaion of the
      AFP  -  348 words
    • 209 7 AFP MAJOR INDEPENDENT Japanese labour unions have decided to seek 8-9 per cent wage increase for fiscal 1990, starting April, union sources said. The Japan Council of Metal Workers Unions (IMF-JC) will demand a wage increase of 8 per cent, up from
      AFP  -  209 words
    • 150 7 AP NINETY-NINE Japaneee construction companies paid tha Unitad States govarnmant U5532.7 million to settle bid-rig-ging charges (or construction of a US Navy base, the US Justice Department said. The bidding cartel of 140 companiea raised conatruction coats on the base
      AP  -  150 words
    • 127 7 Reuter THE US Commerce Department issued a final determination on Tuesday that South Korea was "dumping" small business telephone systems at lesa than fair value, paving the way for possible anti-dumping duties. The case now goee to the US
      Reuter  -  127 words
    • 312 7 NYT THE TOTAL VALUE of Japan's land rose 9.8 per cent in 1968 to 1,842 trillion yen (U5514.63 trillion), according to the Economic Planning Agency. The agency's annual National Accounts Report showed that land prices, which soared 24 per cent in 1986 and
      NYT  -  312 words
    • 681 7 Reuter PRESIDENT George Bush on Tuesday approved the export of three satellitea to China and lifted prohibitions on financing of US busineaa with China, removing a major part of sanctions imposed after the crackdown in Beijing laat June. The White House announcement
      Reuter  -  681 words
    • 140 7 AFP CHINA has relied too heavily on imports to meet its demand for photographic film and printing paper, the New China News Agency (NCNA) reported on Tuesday. It imported US$llO million worth of these goods between January and October thia year, an amount experts quoted
      AFP  -  140 words
  • Page 5 Advertisements
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  • Page 5 Miscellaneous
    • 56 5 Doonesbury by garry trudeau PHIL,/just Twkjusrrr. MhENILOOK,47T!€WOMAN PHL.THATS WHWTM S*/7W4751 MruNpe*r tm terms mfno&iHß just am! saw. but 1 andhahs atypical I STAtV. AFTER. OUXIDOtfT 600Pme6mX>COMt>NOT TH&&SNO Pg&UtA )CU INTRO- HRSHUV* A ALLMPVZ NRDTOB6 i THS UFB Itff AA64C* HAW+ OTHERMXP TROPHY MFC DUCGDHtRTO PtMARK! A BBNTHROUSH. BMUDB? FOR IT!
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  • Page 6 Advertisements
    • 166 6 jffiOUtrt OF LONDON l^^j v^^L^Jgk The Art of Giving...Perfected. Colibri of London. Maker of exquisite personal accessories since 1928. Today, the name Colibri is synonymous with unsurpassed perfection. Immaculate craftsmanship. In 60 years, Colibri has established a reputation for distinctive aesthetic appeal in a range of writing instruments, watches and
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  • Page 7 Advertisements
    • 224 7 THE COMPETITIVE EDGE IN MARKETING SEMINAR This is an annual event organised by MMS Consultancy (Asia) PL, for the marketing fraternity since 1986. Four independent marketing specialists come together to present THF. COMPETITIVE EDGE IN MARKETING. The seminar will be conducted at THE WESTIN STAMFORD A WESTIN PLAZA V.I.P. LOUNGE
      224 words
    • 42 7 INDIVIDUALITY. A MASCULINE FRAGRANCE OF SUBTLETY AND DISTINCTION DUNHILL EDITION A FULL RANGE OF MEN S GROOMING PRODUCTS FROM ALFRED DUNHILL ill VISIT ALFRED DUNHILL AT HILTON INTERNATIONAL HOTEL. CENTREPOINT, AND FRAGRANCE COUNTERS AT ISETAN ORCHARD SOCO, TANCS AND TANCS STUDIO I
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  • PERSPECTIVE
    • 466 8 HJSINESSTIMES THURSDAY, DECEMBER 21, 1989 EMPLOYERS' CRIES of concern over the impending increase in the foreign worker levy can easily be dismissed as a stock response, a familiar tirade perhaps, routinely used against any policy change that threatens to hurt their bottomline. But can we afford
      466 words
    • 1433 8  -  What does the Soviet Union have to offer the Singapore businessman? Plenty. But be warned. There are peculiarities and idiosyncracies of the Soviet approach to life and business that can make the best-laid business plan go awry. Jeffrey tsang, who accompanied a Trade Development Board mission
      1,433 words
    • 792 8 NYT EXPERTS try furiously to explain why the United States is in decline as a manufacturing centre while Japan and West Germany flourish. The blame has fallen heavily on the workforce (inadequately educated). consumers (wasteful spenders), and the government (lacks a trade
      NYT  -  792 words
    • 1223 9  -  Prime Minister Lee Kuan Yew made a private visit to Penang and Kedah last week but it was a highly profiled trip because it underscored the growing political and economic ties with Malaysia BOEY KIT YIN of the Foreign Desk, who covered the
      1,223 words
    • 475 9 AFP EXACTLY 10 years from yesterday. the tiny enclave of Macau will end 442 years of dependence on Portugal and become an autonomous part of China. Feverish planning for the handover in 1999, two years after the neighbouring British colony of Hongkong reverts to Chinese
      AFP  -  475 words
  • Page 8 Advertisements
    • 489 8 Sometimes people clam up when they need to speak up It happens to all of us. We find ourselves unable to speak up when we really need to. We remain in the ranks of the "silent majority" the people who are never heard from while others dominate both thinking and
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    • 16 8 sinqapore] a BUSINESS MO||THLY MAGAZINE 9F BUSINESS TRENDS I DECEMBER 1089 On target, CHARTPOINT every Saturday
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    • 46 8 uAL T Y CAR Al~ T H t BE S T PR/ C E V-l YEAR END BOOK CLOSING h nrttt AittT' PROMOTION! rwJWifM ONLY FOR DECEMBER 1989 c£WO-' ma, j GUARANTEED HIGH TRADE-IN y 24LENG KEE ROAD TEL *****11 fgK YQUR USED CAR/SCRAP CAR WKHtM
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  • Page 8 Miscellaneous

  • Page 9 Advertisements
    • 202 9 (^WjP^^^B®iB(RsjlPßPJ >•* m ~*v jyjfflj^^^^BoJH||^B|Hjß^^^B^''3Hßßjpr^^ijBS^^p^^^^^^ I aiv I■ K J ilk i I k < 4 1 FA 1H i j a M. The days when gigantic commercial aircons ruled the earth will soon them. Mammoth pumps and cooling toners? needs them. Colossi be but a memory. Thanks to a
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  • Page 10 Advertisements
    • 144 10 *3*. TRADE FINANCE 7'TTO C 1989 Security Pacific National Bank if your business is in the process of expanding into handle any of your trade finance and capital investment needs, new markets, you need a Lank you can count on. A Lank In fact, no other tank offers Asian businesses
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  • ADVERTISING & MARKETING
    • 557 11  -  Matters By JONATHAN BLUM THE GOLDEN RULE to managing crises is to control the situation before it controls you. A company must be prepared to handle any emergency situation before it happens so that action can be taken immediately and an atmoephere of calm, efficiency
      557 words
    • 223 11 MEDIA VETERAN Fred Kent is retiring with more than 40 years of advertising experience tucked under his belt. Mr Kent, who used to be media research director and regional media director at Bozell Advertising, has seen Singapore's media scene evolve from one of little competition
      223 words
    • 197 11 ROLF BENZ. hailing from West Germany's Nagold Valley, the home of pedigree names like BMW, Porsche and Mercedes Benz, aims to set up a regional showroom in Singapore to tap the South-east Asian market. But Rolf Benz is not related to the German carmaker; it
      197 words
    • 427 11  -  By SUZANNE SOH EVER HEARD of Absorba's enfants, Mikihouae and Osh Kosh B Gosh kids? Well if you haven't, you will by next year if three retailers have their way. To them, a child is a potential mon-ey-spinner from birth. With smaller families and growing
      427 words
    • 462 11  -  by Suzanne Soh BESIDES a $5 million face-lift for Shaw Centre, its owner is planning a new image for the complex to compete for a share of the shopping dollar. A major ad agency is working on an advertising concept for
      462 words
  • Page 11 Advertisements
    • 61 11 V /*^k? Jwt l\j 1 i T ---v l\» r V g». > s 'n -a i |i 1 %I FRATELLI ROSSETTI SINGAPORE MALAYSIA IwAHBuHH BOUTIQUES KJI-028 Shaw Centre. I Sconsßoad, Singapore 0922. Ist Stopping Arafc 1:1«B*^1 10 Jin PRamlee, ***** Kuala Lumpur Tan P HHHI^HHH^H^^II Levdl, 320 Orchard Road,
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  • SPORTS
    • 762 12 CRICKET AFP AUSTRALIA WORE DOWN a brave rear guard action by Sri Lanka in Hobart yesterday to win the second cricket Test by 173 runs with just half an hour to spare. Australia also won the series 1-0 alter the first Test in Brisbane ended
      AFP  -  762 words
    • 106 12 MOTOR-RACING AFP NICOLA LAP INI wrote off hia Ligier Formula One car during triata at the Le Caatellet circuit in France on Tuesday. Larini span on an oil slick and injured his neck aa hia car veered off the track. He had been following
      AFP  -  106 words
    • 192 12 HOCKEY AP WAYNE QRETZKY won his sacond national prize in aa many days on Tuaaday when ha recaivad tha 1089 Lou Marah Award aa Canada's outstanding athlete. It marks the fourth time the hockey superstar haa won the award, sponsored by the Toronto Star and named
      AP  -  192 words
    • 368 12 BASKETBALL AP PATRICK EWING, playing without front-court partner Charles Oakley. had 41 points and 15 rebounds as the New York Knicks stayed unbeaten at home with a 115-107 victory over the Utah Jazz. The Knicks. at 10-0 the only team in the NBA
      AP  -  368 words
    • 500 12 ATHLETICS AP TWENTY-YEAR-OLD records are Butch Reynolds' thing. In 1966. Reynolds smashed the world record in the men's 400 metres, clocking an astounding 43.29 seconds in Zurich, Switzerland, to erase the mark of 43.66 set by Lee Evans at the 1966 Olympics.
      AP  -  500 words
    • 353 12 BOXING AP MICHAEL OOKES and Razor Ruddock, who both wanted to challanga heavyweight champion Mika Tyson, will fight each other instead. The two boxers have signed contracts for a scheduled 12round bout in late March or early April at a site to be selected,
      AP  -  353 words
    • 242 12 AFP ROBERTO OURAN'a proposed defence of his World Boxing Council middleweight crown against British challenger Nigel Benn, pencilled in for London next May. was thrown into doubt on Tuesday. Britiah Boxing Board of Control officials expreaaed reservations about the multi-million -dollar ahowdown on technical
      AFP  -  242 words
    • 309 12 SOCCER AP ROWOY SOCCER FANS will not be a problem at the World Cup in Italy next year. FIFA preaident Joao Havelange aaid on Tuesday. "There will be three security checks within 100 metrea inside the stadiums.'' he said. "Also, everyone will watch
      AP  -  309 words
  • Page 12 Advertisements
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  • COMPANIES & MARKETS
    • 706 13 Bernama BANK BURUH BHD, one of the Malaysian commercial banks be- ing keenly eyed by several local and foreign banks, hss engaged a leading merchant bank to help it undertake a restructuring exer- cise. According to banking sources, Aseambankers Malaysia Bhd was recently engaged
      Bernama  -  706 words
    • 425 13  -  By WILLIAM CHIA SHIPPING-BASED Hai Sun Hup Group Ltd has reported favourable interim results which should enable the recently listed com..pany to comfortably meet its year-end forecasts. 1 In its interim reeults released Yesterday, Hai Sun Hup posted s "42.2
      425 words
    • 340 13 SIM LIM Investments Ltd (SLI) Ttas ended its latest interim periled with a substantial higher net loss due mainly to lower operating profit and high interest charges. For the six manths ended Sep •30, 1989, group loss after tax and minorities more
      340 words
    • 356 13 Bernama KUALA LUMPUR has the potential to become a leading financial centre in the Aaean region, Arab-Malaysian Merchant Bank Bhd (AMMB) executive chairman Tan Sri Azman Haahim aaid. "With the impending delisting of Malaysian incorporated companiee from the Stock Exchange
      Bernama  -  356 words
    • 310 13 Bernama INTRAOAQANQ Merchant Bankers (M) Bhd said it has taken slsps to strike out a petition by Supreme Finance Bhd (SFB) to wind up the letter's suspended parent company, Supreme Corporation Bhd. The merchant bank said it would be having further discussions with
      Bernama  -  310 words
    • 480 13 KHIDMAS Sdn Bhd, a bumiputra investment holding compsny controlled by Ssmsudin Abu Hsssan. chief executive of Cold Storage Malaysis (CSM), hss acquired a 29.5 per cent stake in Amalgamated Induatrial Steel Bhd (AISB) for M 574.88 million. The atake. comprising
      480 words
    • 171 13 Bernama THE NEW Straits Times Press (M) Bhd (NSTP) has reported an 18.9 per cent drop in group pretax operating profit to M 535.45 million for the year ended Aug 31, 1909. from M 843.89 million previously. The group attributed
      Bernama  -  171 words
    • 451 13 Bernama TEMERLOH Rubber Estates Bhd (TRE) has entered into conditional sale end purchase agreements to buy stakes in three companies for a total of MSB.BI million. It will acquire a 60 per cent stake in Metal Perforators (M) Sdn Bhd
      Bernama  -  451 words
    • COMPANY NEWS
      • 840 16  -  The Inter-Pacific Group, formerly Raleigh Bhd, has left the Malaysian business community gasping with its trail of aggressive dealings and acquisitions. RANJIT GILL, writing for BT from Kuala Lumpur, takes a look at the formidable duo behind the rejuvenated company. RANJIT GILL WITHOUT A DOUBT the
        840 words
      • 277 16 MBT STOCKBROKING GROUP Rashid Hussain is poised to exceed its projected pre-tax profit of M 512.7 million for the year ending May 29. 1990, thanks to bullish market sentiment. For the six months ended Nov 30, 1989, the group recorded pre-tax
        MBT  -  277 words
      • 203 16 MALAYSIAN QUARRYING group Dayapi Industries (M) Bhd. which it propoalng to changa its name to Golden Plus Holdings Bhd. Is selling a piece of land in Selangor for Ms 9 million. The property, measuring 200 acres, is situated in the mukim of
        203 words
      • 254 16 THE IMPROVED Malaysian economy, expansion of coverage, and the 1968 Summer Olympics have contributed to better year-end reaults for Sistem Televisyen Malaysia Bhd (STM), popularly known as TV3. The television company and operator of Malaysia's only commercial station, reported a
        254 words
      • 448 16 PLAN TO QUESTION GROUP'S BUYBACK SCHEME Reuter THREE DUTCH investment advisers. worried by the expoeure of their clients to the tottering Bond group, have promised to confront' directors with more tough questions at annual meetings in Perth later this week. The three said
        Reuter  -  448 words
      • 735 16 CurrtnK Kb •oofcs Mi t If t CtoM psysMo i A 1 S AMD* Amol Stool Avtmo ftolv Kowon larfuntol C A C C K Tang Cautoway Loan CtrabM Chin Tack Oty Dov land* I2%lbl 2%M 8%Ti(bt I5%TE •75% 2%l» H%m 3%» 6%»lln'l 77%n a% 55%IM Ok 27
        735 words
    • BANKING AND FINANCE
      • 134 17 AFP DAESONER BANK said on Tuesday that it would be opaning an office soon in Orasdan in Eaat Germany, the town where West Germany's second largest bank was founded more than a century ago. The announcement came as West German Chancellor Helmut Kohl
        AFP  -  134 words
      • 277 17 ASIAN DOLLAR deposit rates yesterday ended narrowly mixed compared with Tuesday's closing levels, after a day of light trading, dealers said. The market was looking to Thursday's release of US November personal income and personal spending and Friday's durable goods orders of the same month for some
        277 words
      • 297 17 IMM CURRENCY FUTURES held at moatty lower levels in calm initial trading on Tuesday that mustered no incentive from US Consumer Price Index (CPI) data. The 0.4 per cent gain in consumer prices last month, overall and minus the food and energy sectors, slightly exceeded forecasts for a 0.3
        297 words
      • 106 17 AFP THE TROUBLED Bsnk of New Zealand is to close its offices in Chile, Bahrain and South Korea in a restructuring move, the bank announced yesterday. The BNZ had its international credit ratings downgraded last month and in June reported a loss for
        AFP  -  106 words
      • 180 17 AP THE PRESIDENT of the National Bank of Poland has given American investors permission to set up a bank with foreign capital in Poland, which haa no international financial institutions, the state news agency reported on Tuesday. Developing a banking
        AP  -  180 words
      • 168 17 Reuter THE PHILIPPINE Central Bank's gross reserves fell to US$l.76 billion at endNovember from US$l.B3 billion in October, bank statistics showed. The level was higher than its yearago level of US$l.67 billion, but well below the revised end-1989 estimate of U552.45
        Reuter  -  168 words
      • 136 17 CHAN MUN SENG, vicepresident of the treasury department at DBS Bank, has been elected the new president of the Forex Association of Singapore. Mr Chan, who will serve a two-year term, takes over the residency from Edmund Tai. senior manager and chief dealer of NOC
        136 words
      • 246 17 AFP US BANKS, still reeling from the Third World debt crisis, enter the 1990s with a new headache a souring US real estate sector. The rapid slowdown in US economic growth has taken its toil on the real estate world
        AFP  -  246 words
      • 436 17  -  Peat Marwick annual survey of financial institutions By DEXTER LEE FOREIGN BANKS which led the way in the Peat Marwick Management Consultants' profitability rankings last year have indicated that their 1969 performance is likely to be even better. When contacted yesterday, bankers said
        436 words
      • 255 17  -  By HONG LEE TIAM THE UNCERTAIN political situation in China notwithstanding. United Overseas Bank has opened another representative office there. This office, in Guangzhou, complements the bank's other office in Beijing and its fulllicence branch in Xiamen. In a statement. UOB said that with
        255 words
      • 177 17 AFP THE BANK OF TOKYO is leading a consortium of institutions in a £40 million (US$64 million) deal to finance a major shop and office complex in Northern Ireland, officials said in Belfast yesterday. The 325,000-square-foot (30,000-square-metre) development, sited in central Belfast, is
        AFP  -  177 words
      • 289 17 Reuter MEMBERS of a Lloyd's of London insurance syndicate, including a former Britiah prime minister, said on Tuesday they were suing it for alleged negligence over huge losses from US asbestosis and pollution claims. Former prime minister Edward Heath, tennis star Virginia Wade and
        Reuter  -  289 words
      • 440 17 Reuter A HIGHLY LEVERAGED transaction that went sour on Bankers Trust New York Corp and forced a large charge will fan fears about more credit woes at banks with big portfolios of such loans, according to analysts. Bankers Trust said it would
        Reuter  -  440 words
    • MONEY AND EXCHANGES
      • 1164 18 SINGAPORE: Reports that President George Bush ordered US military forces into action in Panama helped push the US dollar higher against most currencies on late buying interest as a safe-haven currency, dealers said. "Players started buying back dollars in the afternoon when news of gunfire and explosions in
        1,164 words
      • 62 18 THE overnight rat* on the Singapore money market was 5/16 point higher at 5-5/16 per cent yesterday. Shortterm rates were 1/16 point lower. >„! m afc-> niL r nt m o) RMrPCMi roiti ot Ifw dos# yiitirdoyt orrta m> <>»•»• I9 9/1* s a/** S t/l* 9 7/1*
        62 words
      • 602 18 Reuter SIMEX Eurodollar closed higher yesterday after fairly active trading on speculative buying and position squaring, dealers said. Sentiment was underpinned by speculation that the Fed will ease credit soon despite its failure to do so after Tuesday's FOMC meeting, they said. The market will be watching closely the
        Reuter  -  602 words
      • 98 18 Treasury bills Period tmM Yostordoy's dosing Day's cod# Maturity M0 OFFER MGH LOW 3 wmOw KM9149X 22.03.90 AJA AM 4J0 AM 6 nwiiii IS*****V 18.01.90 AJA 4.69 1 yar SY*****Z 18.10.90 443 4.58 Government notes and bondi I Parted Imuo Maturity Coupon Yesterday's dosing Day's cod* rato(%)
        98 words
      • 158 18 ■m prim iMint'tikH of 11 M|ar Mih fpoit Interbank market rata* (offar/bkl) on Dac 20 USS DM SWFC Y«n 7 4mn 4S/4 —4 1/3 IS 3/14—1/14 7 7/1 7 3/4 3/4 >/• 4 11/14 —t/14 la* IS/14—IS/14 IS 3/14— 1/14 1/4 l/« 4 11/14 f/14 7 4
        158 words
      • 1245 18 CURRENCY FUTURES OPTIONS 0KUT8CHUM V>dn» MK (M Joy 0*o HnbM 20 1989 Dm LMI 090 Dm M MM sa l<8« 93 94 JA0AMMB vfl Bin JArAHCK 111 Ml Dm Dm mpm 71 Lmi Ml liv n M_ MM n 79 CURRENCY FUTURES OPTIONS IMM T uMdoy, DK 19, 1989
        1,245 words
    • COMMODITIES
      • 602 19 MALAYSIAN CftUOE PALM (ML FUTURES on the Kuala Lumpur Commodity Exchange (KLCE) closed slightly easier yesterday on long liquidation and profit-taking ahead of the Christmas holiday. The decline in Chicago Board of Trade overnight and poor fundamentals also continued to depress market sentiment, dealers said. This was further
        602 words
      • 223 19 Reuter CBOT soft red winter (SRW) wheat futuree traded quietly at lower levels at midsession on Tuesday, under pressure from the lack of sizable tender interest going into the holiday period, traders said. The Soviets appear to be well covered for their immediate wheat needs after recent large purchases
        Reuter  -  223 words
      • 105 19 Reuter CBOT SOYBEAN futures traded lower at midsession on Tuesday, under pressure from the cloeing of the Mississippi River in the St Louis district due to low water levels and ice jama, traders said. "There were some barges that loaded out of Chicago yesterday, but they're not going anywhere.
        Reuter  -  105 words
      • 194 19 Chinese Produce Exchange StUift 1 non dosing pclcM on OK 20 (SI/100 kg) Coconut oil Mk FOt 81.00 OW dram FOt 91.00 N»w dram FOt 95.00 Copra Mixed (Ioom) 42.00 s#N#fs Poppor AAuntok while FOC NIW 422-50 wTwTw FO® foq NIW 412.50 Socowok spodol block FOi NLW 345.00
        194 words
      • 191 19 London Commodity Exchange Buyer/SoHor dosing prices on Dec 19 (£/tonne unless specified). Previous dosing prices in parenthesis. CONM Jon 643/645 646/647 hRgh/Low 646/633 Mar 640/642 647/649 High/low 645/645 Sotet (5643) Ok 643/645 (643/645) 645/642 Mar (627/628) 627/628 High/Low 633/625 Solas (7088) Sugar No 6 FOB (US$/tonna) Mar 300.40/300.60
        191 words
      • 291 19 SINGAPORE: Rub bsr prices closed slightly higher yssterdsy, with January 1 RSS buyer quotod st 100.50 cents s kg. half a cent higher than Tussdsy's dose. Oeelers said the afternoon market was firmer on some short-covering, with sentiment boosted by reports that PraskJent Bush orderad US military forcaa into
        291 words
      • 325 19 RAS prices in a km in moo NOON CLOSE tnf 1 RSS Prompt 158.00 159.00N 15*50 159.50 tat 1 RSS ion 90 160.00 160J0 160.50 161.00 hi KSFib 16X75 163.25 163.25 163^5 hit 2 RSS Of 1574)0 159.00N 157 JO 159 JON Ir* 3 RSS Of 1534)0
        325 words
      • 152 19 Gold futures on Docombor 19, 1989 100 My ouncM. USS pm tray own Opt* Lmm Mk Ok ***** 414.10 411 JO 411.90 *0.10 ***** Nfc 415.50 419 00 414.30 416.10 420 20 434.30 419.30 431.10 426 00 430.30 434.50 426 20 433.30 433.30 433.30 430.90 Oct *****
        152 words
      • 321 19 HONOKONQ: Gold cioeed firmer yeeterday on news that the United States had ordered Its military forces to apprehend Panamanian strongman General Noriega, but dealers described bade as quiet "The news ignited buying which offset the early Japanese aelling and pushed the gold price up to a day high
        321 words
      • 568 19 CENTRAL AMERICA TO WITHHOLD PART OF EXPORT CROP Reuter CENTRAL AMERICAN coffee producers were on the brink of agreement on late Tueeday to withhold a share of their coffee export crop to try to bolster world coffee prices, government officials said. "A
        Reuter  -  568 words
      • 147 19 Bernama A TOTAL of 177.500 hectaree of forest including protected foreet in Pahang has been classified as "damaged". stats forestry director Datuk Abdul Latif Nordin said on Tueeday. The damage was caused by both natural forces such aa eroelon and bush fires and
        Bernama  -  147 words
      • 113 19 Telerate Numbers lor fuel oil were unchanged in the Singapore market of light trade. Prompt cargoee continued commanding a $1-2 MT premium over late Jan BBLs. Bangladesh tendered to sail 15-20.000 MT tor early Feb cargoes. Prices os at 5.15pm on 20.12.89 Crudo (fob origin) US$/barr*l
        Telerate  -  113 words
      • 114 19 TIN PMCE en the Knala Lumpur Tin Market (KLTM) ended steady M Teeeday'a be!h < se«ore andhayeradT today's cloee, brokers saM. "The market Is stoady," enejsald^addtogjhat the renewed Jspsnses end EaTfcsKLTM price dMerenflto la LMK widened to US$OO a tonne dtocount Tin hrtvree finished sniMi higher en toe
        114 words
      • 111 19 Reuter TRADERS quoted North Sea Brent Blend, the world benchmark crude oil. at Its highest price since April on Tuesday in a rally in petroleum prices caused by bitterly cold weather in North America. Brent was quoted around U5519.66 per barrel in
        Reuter  -  111 words
      • 81 19 Reuter INDONESIAN state oil firm Pertamina and Exxon Corp subsidiary PT Stanvac Indonesia have had to sharply cut oil production in their Lirik fields in central Sumatra because of damage to an oil pipeline, a Pertamina spokesman said. Stanvac has cut output to 3.000 barrels
        Reuter  -  81 words
    • SES
      • 781 20  -  er ABDUL HADHI SHARE PRICES on the Singapore stock market closed mixed in moderate volume yesterday. Trading slackened in the afternoon as most investors stuck to the sidelines in the absence of positive leads from overseas stock markets and ahead of
        781 words
      • 238 20 Rises Sm Vtew 590 +9.3% +50 Apollo 267 +5.5% +14 Imo-Pac TSR 94 60 +5.3% +3 Gwfhrio Wrt* 63 +5.0% +3 Gulhrlo GTS 20* 90 +4.0% 3V4 tnno-Poc Wrtj 40Vi +3.8% +1% Ambassador 176 +3.5% +6 Fas 50* 468 3.5% +16 FEIS Wrt> 1994 150 3.4% +5 Soruhlno
        238 words
      • 224 20 Rises TOM 129 +12.2% +14 TwiwHoh 238 +8.2% +18 Gondo Hldgs 61% +7.0% +4 Prom#t 7214 +6.6% +4ft AJInonwto 200 6.4% +12 UMWCULS 382 +6.1% +22 Fab«r M«rlln 46 +5.7% 2)4 MCB Hldgs 504 126 +5.0% +6 UMW 420 +5.0% +20 Iraai Bhd 50* 41 +3.8% 1K PU«con
        224 words
      • 290 20 pric*s Royal Trust Asset Mgt for D«C 21 IT S'pora G» food 095 1.01 IT Atio-Pa< Gr Fund 106 112 Singapore Unit Trust lwt> n* coMwfc* 123 130 OCBC-S1MBL Investment THa $ovmh» Fund 106 112 So**" Capital fund 112 117 S'pora frag Fund 047 Oil *»"•<» T Fuod
        290 words
      • 53 20 BOUSTEADCO BMQAPOAE LIMITED: EQM at 15 Hoa Chiang Road, #12-00 Sanford Building, Singapora 0206, tomorrow at 12noon. CHUAN MOP HOLDINGS LTD: 19th AGM at 322 Jalan Ahmad Ibrahim. Singapora 2262, tomorrow at 10.30 am CITY DEVELOPMENTS LIMITED: EQM at 16 Rafflaa Quay. #26-00. Hong Laong Building. Singapora 0104.
        53 words
      • 258 20 SES SHARE INFO SESDAQ STOCKS Qr's Qr*» 1M9 T«l Last Vol Day Loot Ouolo Wv Dhr r« Not "Cop High Low Codo Company Solo +or- ('000) High Low Bwyor SoMor Cw P/t Imll DEC 20 SESDAQ 17»' 80* t 4000 Amtafc Eng 20* 152 +1 127 152 191 1» 152
        258 words
    • 5199 20 SES SHARE INFO S'PORE STOCKS iMa Qrt Qr*i Mi«h if? Vol Day La* Quota Olv Mr Y*M IM M Cap High Law Cad* Campany SMa +ar- (*000) HIih Low NyataUr Cn X Pit M DEC SO KMMTURES, RONO*. LOANS 330 124 1M3 CK Tang Wt 1M0 324 4-4 1 3M
      5,199 words
    • KLSE
      • 3611 21 WITH the holiday mood in the air. the pece at Kuala Lumpur slock market turned slower yesterday and shars pricee finished mixed ss buying site mated with profit-taking. The market sentiment was mirrored by the 30counter New Straits Times Industrial Ordinary Share Index which ended the day
        3,611 words
    • REGIONAL MARKETS
      • 1158 22 Hongkong SHARE prices on the Hongkong market yesterday ended eeeier in dull trade which brokers blamed on the holiday MMon and lack of fresh corporate news. The Hang Seng Index shed 10.93 points to 2,888.48 and the broader baaed Hong Kong index loet 7.77 to
        1,158 words
      • 453 22 Tokyo Reuter INTEREST RATES again dominated talk in the Tokyo market yesterday as rumours of a possible discount rate rise sent players chasing incentives or scurrying to the sidelines. Index-linked buying lifted the Nikkei at the cloee. but in the broader market losers outnumbered winners in active
        Reuter  -  453 words
      • 429 22 Sydney Reuter LOCAL and overseas demand for resources and quality industrial stocks pushed Australia's share market to a stronger close yesterday, brokers said. The All Ordinaries Index finished 0 points up at 1,638.3. Dealers said some afternoon selling, especially in the banking sector, brought the market indicator
        Reuter  -  429 words
      • 505 22 AFP THE French government is to finance a major new Citroen plant in China with public funds in breach of European Community economic sanctions against Beijing, reliable business sources said. France haa agreed in principal to financing the project at a time
        AFP  -  505 words
      • 432 22 Bernama THE READER'S Digest Association. Inc has filed a registration statement with the US Securities and Exchange Commission for an initial public offering of 25 million shares of class A non-voting common stock, which represents 21.2 per cent of the total
        Bernama  -  432 words
      • 229 22 Reuter THAI stocks advanced in heavy demand for cement and electrical issuee from, local investors, brokers said. The SET Index gained 6.04 pointa to cloae at 833.88 in active trade. Gains outnumbered tosses 91 to 30. Most active were National Finance, Siam Cement and Padaeng
        Reuter  -  229 words
      • 304 22 Reuter TAIWAN share prices finished lower el moot acroee the board yesterday despite a brief aurge of buying intereet in the final hour, dealers said. The weighted index dropped 83.88 points, or 0.08 per cent to ctoee at 8.822.58 compared with Tuesday's 8,708.24 finish. Turnover
        Reuter  -  304 words
      • 123 22 Reutor FLETCHER Challanga sharaa continued to dodins in vary thin trad* on tho Now Zoaland ohoro morfcot yoatorday. forcing tho Barclays indox down by 5.78 points to ond at 1,940.40. Tumovor was a miniacuia 5.00 million aharoa. worth NZSIO.O4 million. Flotchor'a announcod takoovor of UK Papor
        Reutor  -  123 words
      • 198 22 Reuter SEOUL locks firmed lor the second straight session in ectivo trading yesterday as strong Institutional buying offset individual selling, brokers said. The compoeite index cloeed at 933.46, up 6.63 points from Tueeday. Turnover was bullish at 747.6 billion won compared with 619.6 billion the day
        Reuter  -  198 words
      • 83 22 Reuter CEMENT producer Indocement egain dominated the Jakarta stock trading yeeterday. with 976.000 shares changing hands, and brokers said foreignbuying has pushed its price up by 25 rupiah to 10.050. Total turnover roee to 1.53 million shares from Tueeday'a 1.46 million. Brokers said prices ended mixed, bringing
        Reuter  -  83 words
      • 194 22 Reuter PHILIPPINE sharee doeed firmer yssterday in what analysts saw as a technical rally in reaction to government buying amid a relative political calm. "The amall buyera moved in alter seeing that the government was buying stocks acroae the board." Peregrine Securitiea Inc analyst Corazon Guidote said.
        Reuter  -  194 words
    • WORLD MARKETS
      • 353 23 Reuter FORD MOTOR Co of Canada Ltd and General Motors of Canada Ltd announced temporary layoffs of 20,430 Canadian workera next month, bringing the total of Canadian vehicle workera idle for one to three weeka in January to 23,630. General Motors of Canada said
        Reuter  -  353 words
      • 1346 23 Reuter AMSTERDAM: Dutch stock prices started firmer ecroes the board yesterday aa the market was underpinned by the dollar's gains on the back of news that US troopa moved to oust Panama's military strongman Manual Noriega, dealers said. The dollar roee 1-1/2 guilder cent to juet over
        Reuter  -  1,346 words
      • 490 23 AFP ITALIAN MOTORCAR manufacturer Fiat, which saw its negotiations with Swedish auto maker Saab overtaken by an approach by US General Motors, is expected to make further efforts to find other partners. Fiat declined to comment on Saab's decision to do a deal
        AFP  -  490 words
      • 253 23 NYT MERRILL LYNCH Co announced on Tuesday that it would sell off a large part of one of its divisions and lay off about 300 employees in the division within the next few months. Under the deal, the Merrill
        NYT  -  253 words
      • 759 23 London Reuter LONDON SHARE PRICES opanad mainly a faw panca highar, haartanad by Tuaaday'a racovary on Wall Straat Trading ramainad relatively thin. Oaalara said that London continuaa to hava a firm undartona. with axpactationa that shara prlcaa may aurga aarly In tha Naw Yaar. Ona
        Reuter  -  759 words
      • 261 23 Reuter THE ISRAELI parliament dealt a severe blow to the government's privatisation programme when the key finance committee voted againet the sale of a majority stake in larael Chemicals Ltd (ICL). Finance Minister Shimon Peree had hoped that ICL, Israel's most profitable public entorpriee. would
        Reuter  -  261 words
      • 317 23 New York Reuter BARGAIN-hunting among down-trod-den technology issuee slightly boosted the blue chip average on Wall Street on Tuesday. The general market was weighed down by selling in banks, insurance and other financial issues. Declining issues led advancers by two-to-one. The Dow Jones Industrial Average was
        Reuter  -  317 words
  • Page 13 Advertisements
    • 100 13 WATER DISPENSERS FOR INSTANT HOT AND COLD WATER FROM FRIGERIA AND PHILCO -J v*ji jljJffPf "fpl Get hot or cold water jii i- lj% mrlaill! instantly. With Frigeria Tpr I and water :dm They are compact and v easy to install, making Bb drinking water readily HP available where it
      100 words
    • 22 13 Jt »«l wßr I A *%s£* B f U fl y -*t x fi a, -irrir E-'k- 'V A v w»a ir'i
      22 words

  • Page 14 Advertisements
    • 79 14 Today, opens above the razzle dazzle QidW Road y Hotel emerges from fiJMiVE^ new A Refreshing Difference at H of the an H°tel expanded menu a cosy with I Already hit with many, Winners' Bar the place to I tS I With your Station just records by our lots your
      79 words

  • Page 15 Advertisements
    • 171 15 Lan T7ie Phoenix Coffee House ■3E goes modern with a fresh pastel decor, and everything new —an expanded a h carte menu well a special menu for the kids. Local food enthusiasts will love our local fare. These favourites, including our famous Chicken Rice Luo Bo true to the This
      171 words

  • Page 16 Advertisements
    • 90 16 At $1,700. No more, No less. That's not all. For $1,700, the Uniden Car Phone with superb Japanese technology comes complete with: Memory Facility Electronic Lock Hands Free Operation and more 3 Months Telecom Subscription -12 Months Warranty Call *****55 for all the facts, or drive for immediate J(fF TECHNICS
      90 words
    • 45 16 lor only KB glass of "Wuit) Christmas £t* Christmas Day 9{fu> J tar <*[f W Jcar "Day For *****26 K Cairnhill Place W 15 Cairnhll Road Singapore 0922 tJHuI r (Behtnd Crown Pnnce Hotel) f Business Hours: 2 45pm 6 00pm 1C 30pm 1 JP.
      45 words

  • Page 17 Advertisements
    • 71 17 Office Choirs Filing and Storage Cabinets System Low Partitions Office Desks Computer System Furniture Office System Furniture a 1 MADE IN WEST W GERMANY PW-8100 60 $680 PW-8000 $750 LOW BACK LEATHER CHAIR HIGH BACK LEATHER CHAIR Ml Phil-Will Trading Co 1 MARITIME SQUARE *02-63/64 WORLD TRADE CENTRE SINGAPORE 0409
      71 words
    • 102 17 Ar* j, j£ For an ideal X'mas and New Year gift! J GUIDE/DIARY 199QJ SI MBfeaa* Handy guide packaged with lots of tips «*v nETtfSJL. and information on Singapore! I stuJUg Guide SB,.* m Arte and Crafts M" Where to cat Excellent as Corporate Gifts and W m Entertainment bulk
      102 words
  • Page 17 Miscellaneous

  • Page 18 Advertisements
    • 543 18 I THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD I (Incorporate in Malaysia) I I PROFIT AND DIVIDEND ANNOUNCEMENT I I The Directors are pleased to announce the unaudited results of the Company and of the Group for the H HI year ended 31st August 1989 as follows:- H II 1989
      543 words

  • Page 19 Advertisements
    • 460 19 I The New Straits Times Press (Malaysia) Bar had I H (Incorporated in Maleyeio) H I NOTICE OF ANNUAL GENERAL MEETING I I Notfoe hereto given that Sw eighteenth Annul General Meeting of the Company-fMklrtm Theetratte of I H jj* £onr»pjny. Baial Bertta. 31 Jaian Rtong, ***** Kuala Lumpur on
      460 words



  • Page 22 Advertisements
    • 392 22 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 80 AND COPHBFIELD AGENCIES PTE LTD (la Msasbsrs' Voluntary fHnHirt 1 NOTICE IS HEREBY GIVEN pursuant to Section SQt (2) of the Companies Act, Cap. 68, that the Final Meeting of the abovenamed oompeay will be held at 4, Rafflee Quay
      392 words
    • 292 22 PROJECT AND DESIGN CONSULTANTS PRIVATE LIMITED (In Voluntary Liquidation) (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN THAT pursuant to Section 3060f the Companies Act (Cap. SO) that the Rnal General Meeting of the Members of the abovenamed Company win be held at the office of M/s L C Loong
      292 words
    • 244 22 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Hong Lam Murine Pte Ltd. of 141 Middle Road. #06-07 OSM Building. Singapore 0718, hereby give notice that In consequence of the proposed change of name of the vessel, "Hoel Mara No. 15". previously owned by Houel Kajun Co.. Ltd. of
      244 words
    • 138 22 AMALGAMATED INDUSTRIAL STEEL BERHAD (Incorporated m Malaysia) NOTICE OF BOOKS CLOSURE NOTICE IS HEREBY GIVEN THAT the Share Transfer Books and Register of Members of the Company will be closed on 12 January 1990 for the purpose of determining shareholders' entitlement to the First and Final Dividend of 12% Gross
      138 words
    • 21 22 ■Mtoeel prtooe were H Bombay marital rtfwrl waa not avaNaMa Catch up on the latest in technology in BT every Tuesday
      21 words

  • Page 23 Advertisements
    • 8 23 Amsterdam, Toronto] and Stockholm prlcoa win not avaNoMo
      8 words
    • 124 23 *> ,-II f- v^l THE BUCK 'WT ;l y?* I* P a ys advertise in Business Times' AERfS«VCE'9O supplement f y the official business daily of the air show. X As in past years, Business Times will publish an aerospace supplement, on February 14, 1990- V the very day that
      124 words

  • Page 24 Advertisements
    • 263 24 tofwfcrtnfti...- U/fotrtoenfairtn...Wfoivto If you knew sushi. V J ov*. P^, Those who appreciate only the best in Japanese cuisine have found a home in Singapore. Inagiku. Reservations, *****10 or *****85 ext *****/6. INJMMKU THt WtsriNPiA/A s "v«" Ifllß WESTIN Hoiiullnnn I FESTIVE FM^INGS I Countdown Christmas Buffet I 15-23 December
      263 words
    • 277 24 X'mas Hve Dinner Dance Cheer* to Christmas '8V ami U-t th«- p»*l tinws roll with lun. niusn anil som>s! Dame with our <limo hjml, the Music force playing your fatouritr iihUxlk-s Ming Palace Restaurant Pritx: $500+ r tahk- only (10l arsons) •Novelties X'mas hve Set Dinner A traditional ian<lMight dinner
      277 words
    • 418 24 tt A Dd22ling star led the Three Kings to a humble shed where lay the new born King. In the following centuries after this Holy Event. Christianity spread, faltered, then flourished Now we are entering the final decade of the second thousand years after the Birth of Christ. The Light
      418 words
    • 333 24 Candlelight Dinner Dance Christmas Eve New Year's Eve $80 (inclusive of First Drink at Subway) Season's Special 4-Course Candlelight Dinner Christmas Day New Year's Day $30 All prices inciusivt.' of 10% «CA Dl a service change and 3% tax wflltw r«l I Plaza Hotel SINGAPORE ARM*COLOU«FUL*IIIV«TINC Hc.K'h koail 298(1011 iffltymuJo
      333 words
    • 219 24 (Sfantasy ffimlmcC V 4 r *"^o Oh Christmas Day. our ballroom will be transformed into a magical Funland We've hours of fun for everyone, games and prizes to be won Join us on Dec 25. Call Til 441 i ext 721 today CHRISTMAS FUNLAND 11 .OOam 3.00pm Adult: $43 nctt,
      219 words
  • Page 24 Miscellaneous
    • 846 24 Qnat 2 In\/P SRP. 12 500 ot the Moon (Last ep.sode). 6.45 One Plus Ont (C). 1.30 Tayangan Gambar Molayu KemUUCIUQI IUVu ollu 5.25 Mighty Mouse and Friends. 8.00 News at Eight (C). bar Siam. 1 7 pu ooen.no Announcement and 5.50 Arena Schleswic-Holstem Music 8.30 Studio One Presents (C.
      846 words

  • LIFESTYLE
    • 539 25 PERSONALITIES Reuter UNCERTAINTY about the health of reclusive playwright Samuel Beckett has evoked all the enigma that runs through the 83-year-old Irishman's work. Early this week, rumours that he was near death raced through Paris, where Beckett made his home in 1937, after
      Reuter  -  539 words
    • 848 25 CENTENNIALS AP VINCENT VAN GOGH died a penniless suicide, but the centennial of his death is big business. Organisers are making elaborate plans for the event next year and merchandisers are trying to cash in on the star-crossed artist's popularity by marketing items ranging
      AP  -  848 words
    • 300 25 AUCTIONS Reuter SOTHEBY'S, the world's largest art auctioneers, said Contemporary and Impressionist works helped to boost its worldwide sales to a record U552.93 billion this year. In a statement released in London on Tuesday, Sotheby's Holdings Inc said sales were
      Reuter  -  300 words
  • Page 25 Advertisements
    • 218 25 I Celebrate, I Celebrate 1 And I Celebrate. H I A fl From early December right into the New Year you 11 really be able to make tbe I most of this festive season. Each of our restaurants and bars will be offering a wide H choice of festive fare
      218 words
    • 180 25 saer (IRQ 00 2 Steamed Winter Melon Seed I (For 6 Persons) 3 Red Fish with Soya Bean 1 4. Maple Leaf Steam Bun I ed 5 Shredded Duck with Green I Pu-Tien Braised Noodles I I 7. Today's Special Desserts I MAPLE LEAF SieOaa RotanM I 390. VOtxn Sir—l
      180 words
  • Page 25 Miscellaneous
    • 647 25 RADIO BBC Highlights Food Plants, 3.30 am The Learning World, 5.30 am Modern techniques of refrigeration Students in many countries often and transportation have meant that have to borrow to study for a deonce exotic fruit and vegetables gree. John Turtle finds out how they can now be sold far
      647 words
    • 680 25 CRYPTIC PUZZLE Mil 2 1 Come ashore and do a I I I I chore (4, 2) 7 One of history's hard j 9 8 She may get picked as I r I Miss England (4) ""TBC "[""'""■■sMKS"" "1 I I 10 A racehorse that can _JH HK_ __U__L 1
      680 words

  • 563 26 RISING DEMAND BY LOCAL, FOREIGN INVESTORS Bernama THE MALAYSIAN GOVERNMENT has proposed the development of 35 new industrial estates covering an area of 3,905.95 hectares to meet the increasing demand for industrial land by both local and foreign investors. Chairman of the
    Bernama  -  563 words
  • 234 26 Bernama THE Johor State Economic Development Corporation (JSEDC) plans to expand existing industrial estates or open new areas in order to attract more investors to the state, a "Review of the industrial property market for 1989" said. The review, by Rahim and Co Chartered
    Bernama  -  234 words
  • 137 26 Bernama THE Malaysian property market has enjoyed a growth rate of between 10 and 15 per cent this year, given the tremendous confidence placed by domestic and foreign buyers, the director-gen-eral of the valuation department, Ravindra Oass, said in Kuala Lumpur yesterday. He
    Bernama  -  137 words
  • 217 26 Bernama SHELL MALAYSIA Trading Sdn Bhd has awarded shipping charter contracts totalling about Ms3oo million in a two-phase rationalisation programme. It said in a statement in Kuala Lumpur yesterday that the contracts were awarded to eight bumiputra shipping companies, involving the construction of eight
    Bernama  -  217 words
  • 184 26 Bernama AFP BP, the world's third largest oil company, is pleased to have been selected as one of the joint-venture partners in the multi-million ringgit ethylene and polyethylene project in Kerteh, Terengganu, a company official said in Kuala Lumpur yesterday. Mr
    Bernama; AFP  -  184 words
  • 281 26  -  By MARTIN SOONG THE Government Parliamentary Committee on Labour yesterday supported the government's forthcoming foreign worker levy hike, but said the first stage of the increase should become effective in April rather than February because the quantum may be higher than
    281 words
  • 154 26 Reuter JAPANESE BANKS are prepared to extend a US$2 billion credit line to China that was arranged four years ago, if it is formally requested by the Bank of China. bankers in Tokyo said yesterday. It would be the largest
    Reuter  -  154 words
  • 180 26 Bernama THE MALAYSIAN Home Ministry is willing to consider a proposal to set up a joint immigration checking centre for Malaysia and Singapore at the Johor Causeway if it is submitted at government level. Deputy Home Minister Datuk Megat Junid Megat Ayub said
    Bernama  -  180 words
  • 380 26 AFP THE OECO has forecast another two years of sound, albeit slower, economic growth in Western industrial countries and Japan, but says sustained and satisfactory activity could not be taken for granted. The Organisation for Cooperation and Development in Paris yesterday advised governments
    AFP  -  380 words
  • 502 26 Reuter THE OPENING YEARS of the past two decades. 1970 and 1960, were recession years in the US, and it is not just the pessimistic who wonder if 1990 will make it three in a row. The consensus among US
    Reuter  -  502 words
  • 122 26 Bernama A SINGAPORE-BASED firm dealing with aircraft repair work is interested in buying all the Royal Malaysian Air Force skyhawk jet fighters, Malaysian Defence Minister Tengku Ahmad Rithauddeen said yesterday. He said negotiations were still going on with the firm, which he declined
    Bernama  -  122 words
  • 80 26 Reuter COMEX gold futures yesterday posted modest gains initially on news of the US military invasion of Panama to apprehend Panamanian strongman Manuel Noriega. February gold gained US$l.5O to U*****.60 an ounce before retreating to Tuesday night's close of U*****.10 on profit tak- ing. The buying was scattered
    Reuter  -  80 words
  • LATE FILE
    • 39 26 THE US gross national product advancad at an annualised rata of 3 par cant in the third quarter of this year, compared to the 2.7 per cent predicted, the Commerce Department said. AFP
      39 words
    • 43 26 Reuter SOUTH Korean government will pledge to pump cheap funds into firms Med dry by pay increases, strikes and a stronger currency when it unveils the iggo economic agenda this week, government officials and analysts said yesterday. Reuter
      Reuter  -  43 words
    • 60 26 Reuter AFP THE CUSTOMS Tariff Council of the Japanese Finance Ministry yesterday proposed tariff cuts from April 1 on 1,000 types of manufactured products and abolishing tariffs on 1,004 items such aa some medicines, machinery tools, rubber products, sewing machines. television sets, cameras and
      Reuter; AFP  -  60 words
    • 46 26 Reuter THE GOVERNMENT and the New Zealand Council of Trade Uniona have agreed on a compact to bring uniona. employers and government together to discuss how to make the economy more competitive and create jobs, Prime Minister Geoffrey Palmer said. Reuter
      Reuter  -  46 words
    • 39 26 Reuter HUNGARIAN Prime Minister Miklos Nemeth resigned from the ruling Socialiat Party's Presidium yesterday after it refuaed to back his tough budget proposals but he did not step down as head of government. Reuter
      Reuter  -  39 words
    • 44 26 Reuter SHIPPING resumed in the Suez Canal yesterday after tugs refloated a grounded oil tanker which had blocked the waterway for more than 19 houra. The accident meant that both the world's major shipping canals were cioeed for several hours yesterday.
      Reuter  -  44 words
  • Page 26 Advertisements
    • 131 26 &w lpK vTI v WKSfIH ,-~B Bird Shoot NEW ZEALAND DUCKS (Paradise, Grey, Mallard, Spoonbill) GEESE (Greater Canada), SWAN (Black) UP LAND GAME (Quail, Pheasant, Chukor) For only US$4OO per day (Min. 2 Days) PRICE INCLUDES: Transport from Christchurch. 2 DAYS Shooting with accommodation. Meals. Liquor. Experienced Guide. All Licence/
      131 words
    • 2 26 Leader, PAGE
      2 words
    • 391 26 Th« iHrar report was not ««->-«- M M iviiiflOiv 81 prw®*»ini®. SIEMENS. THE TECHNOLOGICAL LEAD. AND EDGE. $1650 is a small price to pay for superlative entertainment, and the Siemens FS-967 stereo colour TV (U.P. $1,950). What's more, your purchase of the FS-967 entitles you to the privilege of purchasing
      391 words

  • SHIPPING TIMES
    • PORT SIDES
      • 62 27 Reuter THE US Coast Guard has closed the Mississippi River between Cairo (Illinois) and St Louis to all traffic, an Army Corps of Engineers spokesman said. Severe low water and icing on the river prompted the closing at 1800 CST on Monday, he said. Cairo
        Reuter  -  62 words
      • 131 27 Reuter A US$l9 million liquid bulk dock designed to handle a variety of chemical products will be build above New Orleans in Gramercy, if Formosa Plastics USA moves ahead with a US$2 billion petrochemical complex planned for the same area. The dock would also handle
        Reuter  -  131 words
      • 131 27 Lloyd's List THE DIVERSIFICATION of the Port of Dover in advance of the Channel Tunnel has taken a step forward with the announcement of a £3 million general cargo development for the port's Eastern Docks. Ships of up to 190 metres in length and drawing up
        Lloyd's List  -  131 words
      • 39 27 Reuter THE ITALIAN bulk carrier Massimiliano, 66,980 dwt, has run aground south-west of Akkaert Bank off the Belgian coast, Lloyd's Shipping Intelligence said. The vessel was bound for Ghent, Belgium, from Hay Point, Australia.
        Reuter  -  39 words
      • 68 27 Reuter THE BRITISH tanker Burmpac Bahamas arrived in Setubal, Portugal, on Sunday and will go to Setenave dockyard for steel repairs, Lloyd's Shipping Intelligence said. The 254,891 dwt vessel unloaded its cargo of crude oil at Ponta Delgada in the Azores a few weeks
        Reuter  -  68 words
    • 432 27  -  By RAHITA ELIAS THE Royal Bank of Scotland (RBS). a specialist in shipping banking, is poised to take advantage of Singapore's expected growth as a centre for shipowning. shipmanagement and shipbroking. If Singapore develops strongly in these areas, the offshore bank
      432 words
    • 476 27  -  By YUSMAN NAWAZIR THE MALAYSIAN Transport Ministry is pressing ahead post-haste with the development of a second inland cargo terminal, barely two months after the Ipoh cargo terminal was opened (ICT). Shipping executives say it is just a matter
      476 words
    • 295 27  -  By JULIE CHATTERJEE writing for Shipping Times from Bombay THE Indian government and shipping authorities are recasting shiprepair norms to make the country internationally competitive in shiprepairing by improving the standards of such facilities there. An inter-ministerial appraising committee ia working on a blueprint
      295 words
    • 1706 28  -  At the recent Halifax Port Days "Trade and Transportation" panel, PETER PIKE, operations director of Associated Container Transportation (Australia) Ltd, spoke on the trends and patterns of liner shipping. The following is an extract of his paper, which was published in Fairplay. PETER PIKE
      1,706 words
    • 835 28 1990 Jan 4-14 International boat show, Earls Court, London. Jan 9 Technical developments in marine refrigeration, technical meeting, Institute of Marine Engineers, 1730 hours (GMT), The Memorial Building, 76 Mark Lane, London EC3. Jan 9 Technical developments in marine refrigeration, technical meeting, Institute of Marine Engineers, 1730 hours
      835 words
    • 691 28 Reuter THE PORT OF ADEN, boasting one of the world's finest natural harbours, is trying to recapture some of its former glory. Sitting on Europe's main shipping lane to Asia, the sweeping harbour was once one of the British empire's busiest, and
      Reuter  -  691 words
    • 1926 28 AT CONVENTIONAL WHARVES 12 505 12/0,00 21l2/,ao Vaaaal Voy No Baf*Arrhral Dapartura SKi i& 22 2M*S& JoAon 2 213*1 MIA alofiid* 2012/ MOO Kappat Wharves Ko* w« 8089 mic *>3/ 239* Coh>*o'co2 HWI KI7 otoogMto 2112/0700 Bo«o» Mo*. *****7 MIC 21 12/ 1000 2212/0900 Eon*'" CI 1*t
      1,926 words
    • 737 29 LIMITED fixing was seen on the dry cargo freight market on Tuesday and new enquiry was fairly thin on the run-up to the Christmas holidays, brokers said The Baltic Freight Index declined seven points to 1,596 partly reflecting a mark-down on the US Gulf/Continent grain route to U5514.16
      737 words
    • 156 29 THE MAJOR shipping consortia operating between Far East/Europe. Far East/Persian Gulf, Straits ports/Australia. Straits/Japan, Far East/Mediterranean and Far East/South Africa: TRIO (Far East/Europe): Ben Line Containers Hapag-Lloyd Mitsui OSK Nippon Yusen Kaisha P O Containers Ltd ACE (Far East/Europe): "K" Line Neptune Orient Lines Orient Overseas Container Line OASIS
      156 words
    • 12179 34 mXSXM A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      12,179 words
    • 437 40 Reuter THE BALTIC EXCHANGE has proposed altering the make-up of its Baltic Freight index (BFI), the indicator of major international drybulk cargo freight rates, to include timecharters in the calculation. The exchange said timecharters account for a large proportion of fixtures. The
      Reuter  -  437 words
    • 138 40 Reuter STRIKING port workers at Venezuela's main port of La Guaira were expected to go back on the job yesterday, said a union spokesman said on Tuesday. "An assembly (of workers) approved going back to work at 7 am," said Leonardo Marcano,
      Reuter  -  138 words
    • 298 40 AP A LOAOEO OIL TANKER bound from Iran to Turkey ran aground in the Suez Canal on Tuesday, paralysing traffic, Egypt's Suez Canal officials said. The officials, speaking on condition of anonymity, said the Liberian-registered Lauberhorn was stalled in the waterway a few kilometres
      AP  -  298 words
    • 190 40 Reuter BRITISH container rental company Tiphook pic said it was deferring the second instalment of 315 p for its rights issue of convertible unsecured loan stock. The issue was partly to fund its joint bid with Sweden's Stena AB for ferry, port and
      Reuter  -  190 words
    • 192 40 AFP EXPLOSIONS aboard an Iranian super-tanker off the North African coast have triggered an oil spill that has spread for 54 km, the Spanish Cadena Ser radio said on Tuesday. Oil began pouring from openings in several oil tanks aboard the
      AFP  -  192 words
    • 948 40 Fog* CofcxM ABC Contoinarlina Thirtaan 5 Acco'd SKpg Tan 3/4 Alboi'oi Sm Air Som 5 APC In* S«v«n 5 API Fiva 3 5 AFS Thirtaan 3 Arrow Unas Nina 5 Ataon Eip'au Sii 4/5 AN! Thraa 1/2 ASCI Fiva I Bolt Conodo Ima Elavan 4/5 Bolt Oria«i
      948 words
  • Page 27 Advertisements
    • 62 27 llgßß lively HBsway with IDIOMS words Available at all good bookshops Federal Publications PORT OF SINGAPORE AUTHORITY 4#' a wt celebrating the handling of its J 4 millionth container (TEH) in 1989 aboard f|f|« M.V. "OOCL FRIENDSHIP" a £12, Tanjong tPagar Terminal, on 215t (December, 1989 As Agent: JARDINE SHIPPING
      62 words
    • 187 27 How to look after popular make jfl&pjSmfjSS and model. Available weekly at major STP Distributors bookshops end news-stands INSIDE Trends in liner shipping THE FUTURE of liner shipping, particularly in the next decade, will be primarily influenced by major factors which have not all been part of the previous parameters
      187 words

  • Page 28 Advertisements
    • 19 28 Cockett bunker report It held over. The leteet available report, dtted Dec 15, wee carried In Monday'a Shipping Tiff.
      19 words
    • 87 28 Contact Wiphont nuinbcri (Tin|ong Psqat Twidlml) Section I S«cfton 2 Saclton 3 B«nh Mlaphon* B«r#i totophon* Bar* fltpham CI *****3Q/*****93 C 4 —*****34 <3 3211*3 CIN 3211(30 CS *****43/*****46 C 9 —****** CIS ******2 C4N *****43 CIO —*****70 Q *****51/*****53 CSS —*****4S CI2 *****54/*****42 C2N *****53 a *****39/*****41 CI2N *****4
      87 words

  • Page 29 Advertisements
    • 1898 29 p— T^=f«TIMIMI Ulimw MLRCM %«Vla# 200 Cjntonmwt Road #12 05 Southpomt. Sinpp«« 0201 TNMWMW T( l *****11 TELEX NO RS 2*179 Wtnr*H terminal/CFS T<H *****11 220 DQQQg *1 bookings TM *****34 23s A PESAKA JAROINE SHIPPING AGENCIES SON WO. ikfcWjiifl PORT KELANG TEL: *****18 I«rte« No. MA3M77MAWOI MMHI PENANG TEL
      1,898 words
    • 1986 29 END YEAR LOADER MAERSK OAKLAND V. 0002 ETA SIN 31/12/1000 CLOSING TIME CY 00/12 2000 HRS CFS 00/12 1300 HRS Veaaal Voy ETA I ETO 'Port "Penang DESTINATIONS Singapore Kslsnq Thw mm Mckinnsy M Closing Tim* FnN> by cv 20/12 0400 HRS M Farco 8 f CFS 28/12 1800 HRS
      1,986 words

  • Page 30 Advertisements
    • 908 30 ROTTERDAM/) VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE MONTE ROSA 05/524 21/12 15/1 9/1 11/1 8/1 14/1 LONDON EXPRESS 09/587 27/12 29/12 18/1 18/1 20/1 21/1 23/1 CITY OF EDINBURGH 87/526 28/12 22/1 18/1 18/1 15/1 21/1 ORIENTAL BAY 03/502 3/1 5/1 23/1 25/1 27/1
      908 words
    • 671 30 SOUTH PACIFIC SERVICE I SIN LAE SUV PPT I ISLA FLOREANA' 26/1 11/2 18/2 24/2 I DIRECT CHILE SERVICE I SIN ANF IQQ VAP I ISLA FLOREANA' 26/1 7/3 9/3 12/3 Agenle; I Singapore *****00 Boohing*: *****00 I NORTNPOUND TO UKC SPORE RDM/A'DAM HOC HULL (U.K.) CLYMBANK V-27N 31/12 1/2
      671 words
    • 1228 30 EH OTlflSlfl JWBWR REGULAR IWDEPCHDEHT FULL CONTAW6R SERVICE WESTBOUND FOR EUROPE c u T VSL/VOY SIN CLM PRS ALC BCL FEL HAM BBE HOT ART LMA (VIA (VIA OflA ALC) MAM) ROT) NORASIA SINGA *939-3 22/12 26/12 1/01 12/01 14/01 18/01 17/01 IS/01 19/01 20/01 22/01 NORASIA ALHUNTAZAH 8940-3 30/12
      1,228 words

  • Page 31 Advertisements
    • 1487 31 Steamers Maritime Holdings Ltd P&O pn|f STRAITS SHIPPING WSk Containers Q SSTJ EST Spor. P Kluif S ton H hif| B hevea R dim Lik irrtSTC ruic caiic MDMTE ROSA 21/12 15*1 Bffl 1W W1 14/01 ACCWTS CARGO Out SAILS LONOON express 27/12 2*12 1M» u/01 2*ol 2im 23/01 BINTANC
      1,487 words
    • 1417 31 KfMpPMjHiIM TO: EUROPE TO: FAR EAST SP IN ROM HAM Ml FIX SPORE HK KAO BU CHOYANC CHANCE MM ll|U Ml P UP 1M W HANJIN HASAN OSIE 2*12 WWW QUEENSWAY BRIDGE M2W 31/12 17/1 I*l 2*l 21/1 22/1 CHOYANC PARK OOSC 01/1 *1 *1 11/1 HANJIN LEHAVRE 009* o*l
      1,417 words
    • 26 31 REGULAR SERVICE TO KARACHI S POKE LOADING FOR TSR 20q KARACHI A«MNK SMMMAWA MCISHM N.T.Y. TRANSPORTATION CO. (FTE) LTD. t«i: tnmn tie m »m fu uwrn
      26 words
    • 356 31 ■SPECIALIST IN RO-RO& HEAVY LIFTS I VESSEL COSMIC SEKI COSMIC TRADER MATSUYAMA PIONEER I VOY. NO 5 U 3 I S pore 29/12 IP. Kelang 4/1 10/1 Penang I Hong Kong I Yokohama I Nagoya 21/1 28/1 5/2 I Osaka 19/1 25/1 I Senboku 2/2 I Moji I Funabashi 'For
      356 words

  • Page 32 Advertisements
    • 707 32 miig jiA 1 ■■■■■■■■■■pPWWPtBPBPWM «u> m—hbm niAMIAN SERVICE I Si np pore Loading lor:- I IRAN EKRAM PJL73O 22 DCC^^BANDA^BBA^^^^^^^^B u7H»I I.m 101 if' nIk I CUAM/SAIPAN DIRECT SERVICE (B/BULK CONTAINER) ETA SPORE GUAM SAIPAN SPARKLE' V 4 29-30 DEC 10-11 JAN 12 JAN SPARKLE' VS 24-25 JAN 6-7 FEB
      707 words
    • 716 32 HANJIN SHIPPING FULL CONTAINER SERVICE IS' port I LeHa»re Rdam H burg B'lMvm Fstowf fffDE* VSI 23/12 10/1 11/1 12/1 14/1 15/1 HANJIN MASAN h 04,1 w w 30/12 17/1 IS/1 19/1 21/1 22/1 CHOrANC PAR* 00M W M StOCII 10K 2M »1 6/1 24/1 25/1 26/1 21/1 29; 1
      716 words
    • 1441 32 Ijl▼ I 1 l l Mil SGP HKC KSC KLC PUS HKT OSK TYO ML UIV WW J" J* JJJ* I (viR guard mu aiu xiu mu «i viwiWJgMgWJWWiMiw H twin GIANT 17(12 Si/12 M HI 1/1 10 1 131 JS 25 H S J EVER GENTRY 2/1 3/1 .0.1
      1,441 words

  • Page 33 Advertisements
    • 1178 33 SHIPPING TIMES, Thursday, uecemper n, jjsssg'l PACIFIC INTERNATIONAL LINES (PTE) LTD JUu PIL Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 I FAR EAST —j S Z U !2. v T JSnitA MSB 12/01 15/01 17fl>1 S4NB 26/01 3/02 4/02 °/°2 11/02 11/02 15/01 HAIGUANG 2358 24/01 27/01 2°/°1
      1,178 words
    • 494 33 EXPRESS CONTAINER SERVICE TO UK/CONTINENT SPORE r UAK STOW HAH HA«M ROM! HA¥Rt Ljm It, S*<M 72/12 Uf W W "J Noma Sow H I*l il£l n i rjl London liprMt 77/12 7*12 I*l I*l 2*l JM JJ City 04 mu ail I*l MR «n Or>«Ul Bay la vi MR
      494 words
    • 363 33 I waasta DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDEM INDONESIA P.T. TttKOftA LLOYD EVm SIM-CMTAMfaSMP SBMK VSUVOV SPORE ROAM/ H'BURC/ BREMEN ANTWERP ADAM BAAB ULLAH/21WB »-M 2/2 7/2 I*2 I*2 S. PANJANC/24W8 M-21/1 17/2 22/2 25/2 2M FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED
      363 words
    • 455 33 iwgnyga W MYANMA \BS3L five STAR LINE I (BurmcM National Una) Loading for Yangon (Rangoon) S pore P.Kelang Penang Bangkok MYOMAYWA VI2IW 13/20 O€C PINYA VIOSW a/27 O€C AVA V/ 100 18/20 DEC PAGAN VI49W 20/23 O£C MERGUI V96W 24/30 O€C THE BANK LINE *rBBI.CONTAINER SERVICE HrAW LirT CAPABILITY I
      455 words

  • Page 34 Advertisements
    • 305 34 A m mac-nels agencies pte ltd., Singapore tel: *****02(imp) *****22(exp) BJBJIPENANG TEL: (04) *****6 KK TEL: (088) *****0 I 1 PORTKELANG TEL: (03) *****77 KUCHING TEL:(082)*****3 V2J J. BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 FREJA LINES, DENMARK ll^ST' "B-™ 1 MONTHLY US A/EUROPE BREAK BULK/SEMI CONT LINE To;
      305 words
    • 165 34 FCL/LCL Acceptance Weekly consol at our CFS to tatafeSydney, Melbourne, Fremantle, Brisbane, Adelaide Mm ZnMs All Ports ISA: AM Ports Eertft/BIL All Major Ports Far last Bangkok. Hongkong, Keeiung. KaoshKing, Manila, Tokyo, Yokohama. Kobe Warehousing Transportation (1988) Pte Ltd Direct Tel: 861-5060, 861-5324 Reception: 861-1911 Tlx: RS ***** Fax: 861-2168/861-3197
      165 words
    • 142 34 nLkum XJ* MUTIARA SAMUDRA AGUN6 KUALA SIAK IV 27/12 BATAM (BATU AMPAR/SEKUPANIi) KUALA SIAK II 23/12 PEKAN BARU/PERAWANG SAMUOERA 102 22/12 DUMAI/PERAWANG CIJARUK 22/12 SAMARINDA/BALIKPAPAN 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for ports in Jawa Kalimatan. We specialise in project
      142 words
    • 68 34 CR NO. *****M0000G BANGKOK VESSEL/VOY SIN BKK Piya Bhum 205N 22-23/12 25-26/12 Sirt Bhum 429N 24-25/12 27-28/12 Jaru Bhum 53N 26-27/12 29-30/12 Ratana Bhum 30N 24-25/12 28-29/12 CEBU/MANILA VESSEL/VOY SIN CEBU MANILA Sd Asia 952E 22/12 28/12 30/12 Aka Bhum 51E 29/12 4/1 6/1 ACCEPTING FCL CONTAINERS AND CONVENTIONAL CARGO
      68 words

  • Page 35 Advertisements
    • 786 35 InterCoa MA MIT IMF PTE Mil FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —24/12 TOKYO —20/12 LE HAVRE —25/12 LAUTOKA —28/12 KEELUNG —24/12 YOKOHAMA —20/12 ROTTERDAM —25/12 SUVA —28/12 MANILA —22/12 KOBE —20/12 UK PORTS —25/12 BANGKOK —23/12 HAMBURG —25/12 BUSAN —20/12 GOTHENBURG —25/12 HONGKONG —20/12 ■Jllulzj iTiTTTiTTrmHBBM
      786 words
    • 793 35 AWedoyd fast transit to a wide 1 mm Nedlloyd Lines range of CARIBBEAN ports EXPORT 1 IMPORT I NEW ZEALAND/FIJI NEW ZEALAND VESSEL \~M FSi *P«i *Bwi sin S'baya Auckland FijKA) NPlymouth(A) Timaru Lytte)ton(B) £>un«din<B) Njpter N«llin|ton(C) Tauranea VESSEL Eta S'poro Pk« N *0wr.0,8922 27/12 29/12 27/12 27/12 28/12 2/1
      793 words

  • Page 36 Advertisements
    • 1042 36 VOY *INDO *PK/PNG [sGP LB CHLS NFK NYC HFX 17 18/12 I*l2 21/12 13/1 23/1 25/1 27/1 31/1 OOCL FRIENDSHIP JJ* W(1 ao/1 1/2 3/2 2/2 NEPTUNE J.OE ill 1W MB OOCL FORTUNE J l >\ U/1 J/2 13/2 15/2 17/2 21/2 AMBASSADOR BRIDGE 26 8/1 VIA FEEDER VOY LB
      1,042 words
    • 748 36 FS2!S AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P *elang Penang Loading tor: Mother Ysl Br Feeder By tfdti TUISIDAS V 45 30 Dcc 24 Dec Dec fiem KWb Sydn AdH KALIOAS *47 31 Jan 25 Jan AUn Frem MeßVSydn, Add TUISIDAS ¥46 21 Feb IS Feb IS Feb
      748 words
    • 629 36 GOLDEN LINE A I(SLV\ GUAN GUAN SHIPPING (PTE) LTD N 23 Ttloa Ayer Street SINGAPORE 0104 TEL *****44 (10 LIMES) Fai *****04 STRAITS/PERSIAN GULF SERVICE: Spore P Kelani Penang GOLDEN HAVEN Colombo.Karachi/Dubai 22/24 Dec GOLDEN BEAR Colombo, Karadii Dubai If Jan CHINA UIVICt OAI TUN SHAN Huengpu Futf»u 24/25 Ok
      629 words
    • 664 36 I VESSEL I ETA SINGAPORE [DESTINATION I TIN VIM i(l OUBAI. OMMMI. KUNAIT, I wistMsr i sssssls^ 11 I TIN WU N.KONG, KOBE, TOKYO, HUM 120/12 KAOKSIUNG, MANILA, BANGKOK, BUSAN JAKARTA I TBN 22/12. WU COLOMO. KARACHI, BOMBAY, 130/12 HAMAS. CALCUTTA TBN 27/12 CNITTAGONG I lEAir/war iwca/mb. Fa 10l anug
      664 words

  • Page 37 Advertisements
    • 1659 37 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****53, *****19, AUST/INDIA/PAK-*****18 KR JV USA *****42/*****16, FAR EAST-*****48 Documentation: *****44/*****14 .Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****0, *****1 H FDB VSL/VOY PKN PEG SGP MOTH KB VSL/VOY SGP
      1,659 words
    • 954 37 SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD I SINSOV BUILDING 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** I fjjgjw p filmy I jgy, 127 PomngStrMt, Pona* Materia M/S HANOI IMC SYSTEM 00
      954 words

  • Page 38 Advertisements
    • 807 38 1 DSR LINES VEB DEUTRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE VLMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT ROM HBG RST H CEGIELSKI SM 29,12 13,01 2201 22,01 23/01 29,01 E THAELMANN 889 06 01 >0/01 3001 30 01 01,<02 02/02 W ULBRICHT 1,90
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    • 1181 38 Vessel P KLC PNG PC Lo*tin( tor lONGCHUAN 30/11 Rotterdam/ Antwerp JIANGCHUAN 30/12 Rottefdim, Antwerp CHINA mil COWTAIWKM HRVia Vessel Pklg Png Spore Bkk Hkg Slui QinfdM SHANG CHENG VUS 21/11 23/11 27/11 03/12 07/12 YANG FANG KOU VU7 30/11 21/11 4/12 11/12 16/12 Accepting FCL Cargo for all othor
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    • 269 38 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU VSL ETA ETD LOADING FOR DELI I NOAH 21.12.89 22.1289 PANJANG/PK. BALAM NAGA JAVA 25.12.89 26 12 89 PANJANG LAMPUNG JAYA 26.1289 27.12 89 SEMARANG/PANJANG PINANG JAYA 2/ 12 89 28.12.89 PANJANG PK. BALAM PERITA JAYA 28.12.89 29.12 89
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    • 531 38 r r—mca\ POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES AFGHANISTAN tJ air to Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka IRAN :D)ulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :25/12, 27/12, 04/01, 19/01 EUROPE ,:To all inland points: VIA VOSTOCHNY Poland, Bulgaria, Czech,
      531 words
    • 549 38 ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) I™ J «wwg I MOAN* PACIFIC 11N Thur IN PT Sun 2*112 PIYA BHUM 205N Ffi 22/12 Mon 25/12 iENLINK 136W Sat 23/12 2tju~ SIRI BHUM 429N Sun 24/12 Wed~ 27/12 RATANA BHUM 30N Sun 21/12 Thur 21/12 JABU BHUM
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  • Page 39 Advertisements
    • 889 39 I VESSEL VOY SINGAPORE KHF/OUBAI KARACHI LANKA SRIMATHI 72W 22/12 02/1 03/1 LANKA SRIMANI 73W 26/12 08/1 16/1 LANKA SIRI 132W 28/12 12/1 16/1 LANKA RUWAN 2W 10/1 22/1 01/2 LANKA SIRI 133W 10/1 22/1 01/2 ALSO ACCEPTING CARGO (FCL/LCL) FOR:A) INDIAN PORTS MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY B) ARABIAN
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    • 244 39 ACCEPTING FCL AND CONVENTIONAL PCN/PKQ ETA LOAONQ TO« ASSAY WONZ JWIJ OAMaSALAAM. MOMBASA. OJISOOTI VOY 23W8 ASSAB. MASSAWA. MOOtIOAH ANOMCT IVI OAMCSBALAAM. MOMSASA DJIBOUTI VOY ISWB ASSAB. MASSAWA. MOOCIOAH ASVOT W1 DAMCSSALAAM. MOMBASA. DJIBOUTI VOY 20WB ASSAB. MASSAWA. HOOCIOAH fj KIEW HUNG UNI FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS
      244 words
    • 686 39 jsjrnESKAPA^ PULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER SERVICE I TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE PORTS OF S'PORE, INDONESIA, MALAYSIA A THAILAND I ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO I FORWARDING AT TEL: *****55 sinoapoiw inpohmia service I VSL VOY
      686 words
    • 417 39 [VESSELS m SIM MA* CAL Cil HT~I SUPANYA 31W In Pt 2/1 TIGER RIVER 81CNB 22/12 27/12 I. YAMBURENKO *****9 22/12 28/12 SUSAK 92N 24/12 2/1 ILOVIK 91N 29/12 5/1 VERMILLION BAY W 27/12 10/1 PAITOON 31W 27/12 10/1 TIGER RIVER 82CNB 5/1 11/1 SUSAK 93N 6/1 13/1 LEUVE 9116
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    • 211 39 TO AUSTRALIA/NEW ZEALAND VSI S*n(apor« Fr«»»Mle S»**r A«il»n< OuMin ■russcl n v\ iil "iii »i c verouk z» iTi "im ~nh wi w 2 antmrkn t*t I*l Ci m iw W TNT EXPRESS M 2 Hii 4/3 1M M/J B/J W Alto accepting cargo to AUSTRALIA AdeUKfc, Brisbane NEW ZEALAND
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  • Page 40 Advertisements
    • 793 40 OUR YEAR END LOADER WILL GET YOUR GOODS TO THE U.S.A. AHEAD OF EVERYBODY "ALLIGATOR FORTUNE" VOY: ***** ETA SIN: 31/12/89 0800 HRS ETD SIN: 31/12/89 2000 HRS ETA LAX: 20/1/90 AM FCL CLOSING: 30/12/89 2400 HRS LCL CLOSING: 30/12/89 1500 HRS 5u snvKt tqi ra Mm jm and cmna
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    • 113 40 Lines and services represented by A'XDBBii&S Members of the Registry of Accredited Shipping Agents. Singapore National vXsZ&ij Shipping Association. For advertising and circulation enquiries, please cell Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD A C.B. SHIPPING MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Accepting FCL containers (GP
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  • Page 40 Miscellaneous
    • 142 40 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON DEC 21,1009. LEGEND R Thunderstorm Temperature c X\ Tt Shower Weather Wind direction with speed in knots Ram >— e cioud, st» w h 9h Surfoce winds ore indicated by arrows which fly with the wind One full circle represents calm
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