The Business Times, 22 December 1989

Microfilm: NL16878
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 170/12/89 FRIDAY, DECEMBER 22, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL MARKETS SUMMARY
    250 1 Footsie down LONDON share prices were lower at mid-day yesterday, following falls earlier in Tokyo and on Wall Street on Wednesday. At about 12.15 pm (1215 GMT), the FT-SE 100-share index was down 8.2 points, or 0.3 per cent, at 2,352.5. AP Dow higher INTEREST in recently
    250 words
  • Article
    Economy looks set for 9 to 9.5 pc growth this year
    680 1  -  IMPACT OF COST INCREASES CLOSELY MONITORED: BG LEE By ANNA TEO PRELIMINARY fourth-quarter results so far indicate that the economy is on track towards the forecast 9-9.5 per cent growth this year, said Trade and Industry Minister Lee Hsien
    680 words
  • Article, Illustration
    ST index up 12.55 points to reach post-Crash high
    154 1 REGIONAL STOCKMARKETS closed mixed yesterday except in Singapore, where share prices rose to post-Crash highs. The Straits Times Industrials Index rose 12.55 points to a post-Crash high of 1,472.44, while the Business Times Composite Index gained 8.96 points to close at
    154 words
  • Article
    Lock icon Heavy fighting in suburb as search for Noriega goes on
    434 1 Agencies HEAVY FIGHTING erupted in a Panama City suburb yesterday as US troops searched for General Manuel Antonio Noriega, the target of a military assault that left Panama with a leadership vacuum. It was not clear whether Noriega, who was
    Agencies  -  434 words
  • Article
    S'pore expresses concern over loss of life
    150 1 SINGAPORE yesterday commented on the US action in Panama by reiterating the right of small states and expressing the hope that "foreign forces" would be withdrawn soon, while at the same time blaming Panamanian strongman General Manuel Antonio Noriega for declaring a "state
    150 words
  • Article, Illustration
    SML to invest $40m in marine-related activities
    438 1  -  By RAHITA ELIAS LISTED SEMBAWANG Maritime (SML) plans to invest more than $40 million next year in marinerelated activities to reduce further its dependence on salvage operations. While it will expand its shiprepairing, offshore contracting and harbour towage operations, further diversification is also
    438 words
  • Article, Illustration
    Shangri-La group gears for major expansion
    487 1  -  By WILLIAM CHIA THE SHANGRI-LA hotel group, which is represented in Singapore by listed flagship ShangriLa Hotel Ltd. is gearing up for a major expansion drive in Southeast Asia with a number of top level executive changes. Malaysian "Sugar King" Robert Kuok will step
    487 words
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      Page 1 Advertisements Column 1
      190 1 JArr Mlt ("ViU'lff )i l I rr] Open A Citibank Time Deposit Before December 31st And Celebrate With A Potent 5%. lust in time for Christmas. Citibank now has a unique offer on Singapore [Dollar Time Deposits For openers, you can kick off 1990 with a special 9 months tenure
      190 words
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      Page 1 Advertisements Column 2
      192 1 Full report, PAGE 18 Regional mkts, PAGE 20 World mkts, PAGE 21 COMPANY SERVICES fe?; ssr=i Editorial Comment Defence 6 sinoaoore a nTH.*' n Not a simple question Seoul picks McDonnell Douglas b in«m-<loll.72£(>«n, co'^yM^d.ia South Korea B Banking A Finance 17 N Japanese firm buys Crosswords 23 Can Seoul
      192 words
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      Page 1 Advertisements Column 3
      23 1 Maid tax relief a fairer system, PAGE 3 More stories on PAGE 4, BACK PAGE and Shipping Times PAGE EIGHTEEN Loader, PAGE 8
      23 words
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      4 1 Shipping Times, PAGE FOUR
      4 words
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      Page 1 Advertisements Column 5
      324 1 j© Quadruple Zoom*-Auto Two-Color. N you can identify the personality on PAGE 21. ST index update THE BREAK-UP of the Singapore and Malaysian stock exchanges is only a week away. Needless to say, market indices will have to be adjusted to retain their relevance So what is being done? See
      324 words
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  • HOME NEWS
    • Article, Illustration
      Suntec City project gets off the ground
      398 2  -  By LILIAN ANG THE GROUP of Hongkong tycoons developing the $1.5 billion Suntec City project will start selling at least one of the four office towers at the convention and exhibition centre next year. But prices may be pegged at a higher level
      398 words
    • Article
      Kobe Steel may set up regional HQ here
      460 2  -  -*r WALTON MORAIS KOBE STEEL Ltd's new wholly-owned subsidiary in Singapore may be the first step in the Japanese giant's move to set up a regional headquarters here. Kobe Steel may consider setting up the HQ either here or in Australia, where
      460 words
    • Article
      Myanmar Airways to resume flights here
      358 2 MYANMAR Airways is to resume flights to Singapore from next Thursday, after a break of more than a year. "This is part of our efforts to encourage more tourists to come to Myanmar," said Win Aung, Charge d'Affaires with the Myanmar (Burma) embassy here.
      358 words
    • Article
      Safra spending $8m-$l0m on upgrading facilities
      296 2 AS PART of a continuing programme. the Singapore Armed Forcee Reservist Association (Safra) will spend between $8 million and $10 million over the next few year to upgrade its facilities. This was disclosed by the chairman of the Safra Board of Governors, Or Yeo
      296 words
    • Article
      NCB expected to set up IT institute with Japan
      411 2  -  By JAYARAM MENON THE NATIONAL Computer Board (NCB) is expected to team up with Japan to set up an institute to train information technology professionals in artificial intelligence (Al). Negotiations are still going on with the Japan International Cooperation Agency (JICA).
      411 words
    • Article
      Shaw's Woodlands cinemas now multiplex movie houses
      179 2 THE SIXTH and latest of Shaw Brothers-owned cinemas to be converted into multiplex moviehouses opens in Woodlands today. A Shaw Brothers statement yesterday said its Woodlands 1 and 2 cinemas, renovated and converted into multiplex moviehouses at a cost of $2.5 million, include
      179 words
    • Article, Illustration
      PSA chief to recommend extra quarter month bonus
      400 2 CARGO HANDLING at the Port of Singapore Authority has risen by over a quarter in spite of a drop in its staff strength. Because of this, PSA chairman Lim Kim San is recommending to the authority's board the payment of an extra
      400 words
    • Article, Illustration
      Hotels, luxury goods' firms pay higher bonuses
      466 3  -  By SUZANNE SOH THE BOOMING tourism trade this year does not mean bulging bonus packages tor all of the sector's workers. Hotels, which have enjoyed high occupancy rates and better room tariffs, are paying bigger bonuses to their staff this year than last
      466 words
    • Article
      Asia footwear, leather exhibition will be held, coup or no coup
      314 3  -  By AL O LABITA COUP OR NO COUP, the "Asia footwear and leather fair 1991" will be held in the Philippines, a Singaporean businesswoman said in Manila yesterday. Dilys Yong, president of the Singapore-based HQ Link Pte Ltd, said
      314 words
    • Article
      Direct calls to Finland
      104 3 FINNISH nationals living or working in Singapore can pick up a telephone here and place direct calls in their native language from today. Under Telecom's Home Country Direct Service, available to Finland from today. Finns have direct access to their country's international operators, and can place
      104 words
    • Article
      Maid tax relief a fairer system, says BG Lee
      607 3  -  By ANNA TEO THE TAX RELIEF on the hirinQ of foreign maids to encourage women to continue working and raise families is a more equitable means towards the same end than a blanket ruling that only working women can hire maids,
      607 words
    • Article
      Shippers can look forward to buoyant year
      228 3 WITH THE opening of the East European market, Singapore's shipping industry can expect another good year ahead, said a senior industry official yesterday. Lua Cheng Eng, president of the Singapore National Shipping Association (SNSA), said trade between the Far East and Europe is
      228 words
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      191 2 WEATHERc^ Tnrr 'jwi II Vt*- 'JrTT** lor Dec 22 c .ty m«/ Not. 22 L S2i, 22T£ M,n morrow. Report for 24 Soon prior Aberdeen 03/-1 Windy 7 opm <*»«>* 21 at Amsterdam 07/03 Cloudy Max temp 31.7 Athens 20/10 Sonny Assoc humidtty <2 Auckland 22/15 Windy Mln ttmp 24.5
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      137 3 MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY lielpftd US MONDAY TUESD SWitCh CO,n nlter B J Jk hL j|L WL kk t<> B| onh making felV M ami other snack foods. But MM jl 1 to go IBM. fe-> ij Ik m j^j'" Ik&K Ji| up ~^jJ( j |;z: f z%:i'l bout
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  • Untitled
    • Article, Illustration
      Lock icon Bush: I did it to protect Americans
      611 4 WHITE HOUSE JUSTIFIES SENDING TROOPS TO PANAMA Agencies PRESIDENT George Bush decided to intervene militarily in Panama after he got word that Panamanian leader Manuel Antonio Noriega was considering an attack on Americans in Panama. Secretary of State James Baker said on Wednesday.
      Agencies  -  611 words
    • Article
      Lock icon US begins flushing out Noriega loyalists
      204 4 AP TOP MILITARY officials say most Panamanian troops have fled the capital and the US attack force are clearing the streets of Panama City of troops loyal to their fugitive leader, General Manuel Antonio Noriega. "It looks like the organised resistance is a thing
      AP  -  204 words
    • Article
      Lock icon Investors take military invasion in their stride
      444 4 AP AMERICAN BUSINESSES in Panama scrambled on Wednesday to assess the impact of the US military invasion, closing some offices and checking whether the fighting endangered their employees. Washington estimates 35,000 Americans live in Panama, many of whom work for US corporations. The
      AP  -  444 words
    • Article
      DAILY AICRAFT MOVEMENTS
      943 4 ARRIVALS Operator Sorvtco Local From number Mm* GtA GA902 1210 POG SU SQ69 1210 8KK TtY MI819 1215 MKT KIM KL844 1220 SYD/MEt MAS MH641 1230 KCM SAS SK971 1235 CPH/8KK S1A SQ1 1235 SFO/HKG StA SQ107 1305 KUL SU SQI53 1315 CGK StA SQ33 1315 •tU/VK/OXI
      943 words
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      Page 4 Advertisements Column 1
      28 4 IT EVEN TELLS YOU WHEN NOT TO SHAVE. brßud Designed To Per lain Better Sole Distributor Beste (S) Pte Ltd. 212 Tagore Lane Singapore 2678 lei 455 0005
      28 words
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      46 4 1 r r/^VD/^XTT^ > II I I II I II I Airport at 21:55 houn and arrhriK at Later B. I M M M Peanon International Airport the following day. CjUljo-t trsvrl tgent or Air CahmU 1 732 Mfff. A Breath Of Fresh Air VJV Air Canada
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  • FOREIGN NEWS
    • Article
      Lock icon Big fall expected in Soviet, East European surplus
      429 5 AFP THE OECD yesterday projected a substantial deterioration in the external balance of the Soviet Unjon and Eastern Europe over the next two years, with rising hard-currency deficits and debt constraints. Their overall surplus with the rest of the world, set at
      AFP  -  429 words
    • Article
      Lock icon Exodus of East Germans causes 2.5 pc fall in industrial output
      235 5 Reuter EAST GERMAN industrial output dropped last month and the number of unfilled targets have more than doubled, worsening consumer shortages and hurting export commitments, officisl figures published on Wednesdsy showed. The Communist Party dsily Neues Deutachland carried a
      Reuter  -  235 words
    • Article
      Lock icon West Germany's trade surplus concentrated in four countries
      237 5 AFP FOUR WESTERN European countries are bearing the brunt of the increase in West Germany's trade surplus, the Bundesbank said in a report published in Frankfurt on Wednesday. In the first 10 months of this year, West Germany's trade surplus reached a
      AFP  -  237 words
    • Article
      Lock icon Ceausescu declares state of emergency in Timis, rebuffs condemnation
      307 5 Reuter ROMANIAN President Nicolae Ceausescu. resisting protests against his rule, haa clamped a state of emergency on an area where foreign news reports said security forces killed up to 4,000 people last weekend. His hardline government, resisting a wave of demands
      Reuter  -  307 words
    • Article
      Lock icon EC to end subsidies on soybeans next year
      473 5 AFP THE UNITED STATES has won a 20-year fight with the Europesn Community over European soybean subsidies, the US Trade Representative, Carta Hills, said on Wednesday. American farmers have complained that the subsidies cost them hundreds of millions of dollars a year
      AFP  -  473 words
    • Article
      Lock icon Plan for reform of farm trade wins both praise and criticism
      330 5 Reuter FARM trading nations welcomed a European Community plan for reforming world agricultural trade on Wednesday but attacked aspects they said would hinder rather than help commerce, delegate sources said. The EC introduced its proposals earlier on Wednesday at
      Reuter  -  330 words
    • Article
      Lock icon Japan's economy expands for 37th straight month
      518 6 BRISK DOMESTIC DEMAND SPURS GROWTH Asahi JAPAN'S economy continued to expand in December tor the 37th consecutive month, supported by brisk domestic demand, increasing corporate profits and high employment, the Economic Planning Agency said on Wednesday in the government's montMy economic report. "The
      Asahi  -  518 words
    • Article
      Lock icon Tokyo's electronics sector at turning point
      371 6 AFP JAPAN'S electronics industry hss reached a turning point due to rocketing production abroad and growing competition from other Asian countries. The Electronic Industries Association of Japan said on Wednesday that the industry's output was expected to grow only 5.7 per cent to 24
      AFP  -  371 words
    • Article, Illustration
      Protecting Downing St from terrorists
      53 6 WORK NEARB completion on ths thraa-matra-Mgh sacurity railings with gates at tha antranca to London's Downing Street, which ara designed to prevent a terrorist attack. Tha straat, whara Prima Minister Margarat Thatchar haa har official residence, has baan a public right of way for tha
      53 words
    • Article
      Lock icon LDP proposes tax incentives to encourage imports
      445 6 NYT JAPAN'S ruling party haa revealed the outline of a tax-Incen-tive plan aimed at encouraging Japanese companies to increaae their imports. Japan has pledged to increase its imports in response to criticism from its trading partners over the country's enormous trade surplus. A
      NYT  -  445 words
    • Article
      Lock icon Seoul picks McDonnell Douglas fighter as combat aircraft
      373 6 AP SOUTH KOREA haa choeen the FA-18 Hornet jet-fighter produced by McDonnell Douglaa of the US aa ita mainstream combat aircraft, ending years of contest for a multi-billion-dollar fighter contract. Defence Miniater Lee Sang-Hoon aaid on Wedneaday. The announcement dropped the other
      AP  -  373 words
    • Article
      Lock icon Americans not put off by Philippine coup
      412 6 Bernama AFP THE RECENT coup attempt against Corazon Aquino's administration in the Philippines has not discouraged foreign businessmen from moving forward in their Investment plans in that country, a senior American official said on Wedneeday. Special Representative of the President for the Multilateral
      Bernama; AFP  -  412 words
    • Article
      Lock icon S Korean firms double overseas investment
      124 6 AP OVERSEAS INVESTMENT by private South Korean firms more than doubled in the first 11 months of 1989 compared with the previous year, the Finance Miniatry said on Thursday. The money invested In overseas ventures waa up 134 per cent, from US$lB2 million In
      AP  -  124 words
    • Article
      Lock icon US unlikely to leave East Asian bases
      241 6 AP US DEFENCE Department officials Mid on Wedneedsy that they war* not considering a major military withdrawal from Eaat Aala. although planners recently drafted a memorandum outlining auch a possibility The Asshi Shlmbun and Wuhingtoo Pout reported this week that Pentagon officials were
      AP  -  241 words
    • Article
      Lock icon Australia to explore shelf
      72 6 Reuter AUSTRALIA announced on Wedneeday that it will open up the country's hugs continental ehetf to mineral exploration. The exploration area will be extended to 200 nautical milee from the Australian ooest from the current three-mile limit. Resources Mlnistsr Pstsr Cook said In a statement "The
      Reuter  -  72 words
    • Article
      Lock icon Asean valuers secretariat to be set up in KL
      431 6 Bernama AN ASEAN valuer* secretariat will be set up in Malayaia in January, givan the availability of axpartiaa and advancement of the the property valuation profession in the country, the president of the Asean Valuera Association, Mr Ravindra Daaa, said on
      Bernama  -  431 words
    • Article
      Lock icon Paris says no date fixed for resuming talks on aid to China
      268 6 AFP THE French government Mid on Wednesday that no date had been fixed for resuming talks on financial aid to China, suspended in July following Beljing's bloody suppression of pro-democracy protects. "No date haa been set for a
      AFP  -  268 words
    • Article
      Lock icon Johor Chief Minister urges contractors to pool resources
      236 6 Bernama CONTRACTORS in Johor have been urged to set up a conaortium to pool their reaourcea to take advantage of the annual inflow of foreign inveetmenta to the state. Chief Miniater Tan Sri Haji Muhyiddin Yaasin said on Wedneaday that they could
      Bernama  -  236 words
    • Article
      Lock icon Taiwan to increase aid to Fiji
      136 6 AFP TAIWAN has agreed to Increase its aid package to Fiji following a. fresh round of talka in Buva, gov* ernment officiate aaid on:. Wedneeday. 7 A Foreign Mlniatry spokesman aaid Taiwan would now pro- vide US$6OO,OOO worth of sewing machines and equipment to
      AFP  -  136 words
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      158 5 5 .v' jpT pi v i t V■' ••A 'v. 4fe <* i I v s <-x *•*'/> "•»"••-> -v v v-'a v r ;/v. v:v ■>" -V- 'r: r > r r v i I iEv'v! Jk > ~v 1 v' L<k J ji* V. v i, "V,. """i'-"
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      48 5 Doonesbury by garry trudeau 7 7 USmfWL, HNZ, CUSTODY? UXKFMOP WELL. 1... THE BAHAMAS. THZONETHN6 MAR/LOU PHIL, MARK FAULT KJCKEPHMOUT HEY! M€RB POt/TTW NEHM&TO rOUCAN /532 ATHOM&. fSTHAT? A TOW/HZ. AGREE ON tS HMZ YEARS GOING* uecattuse cowiem ouv A £*k£P MARK AS A CUSTOM! j W NOUJ'
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      52 6 Exclusive Sunglasses H >RSCf DESIGN V 1 Folding Sunglasses ,■> ci t F r A 0 uhr ~1 p j 9 !#»»,*.•> r ■'?t» rj o'dp' a t e d PORSCHE DESIGN rAKJ*£RA b -t V A'i AP V o; N 1 >CNf RS Li At> IPT OM ETPI ST
      52 words
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      Page 6 Advertisements Column 2
      162 6 ft i A I You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our Z. personal touch and comfort. For
      162 words
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  • FOCUS
    • Article, Illustration
      Lock icon A believer in the value of tension
      1475 7  -  Makoto Utsumi, Japan's Vice-Minister of Finance for International Affairs, holds one of the most important and delicate posts in the Tokyo govt By IAN RODGER FT AT THE REGULAR press conference following the biennial United States-Japan financial discussions in Wsshington last month, Makoto
      FT  -  1,475 words
    • Article
      Lock icon Lessons in being endlessly cheerful from a monk
      278 7 FT ON A TABLE in Makoto Utsumi's spacious office in Tokyo's Ministry of Finsncs there is s framed photograph of two men in Buddhist monks' robes grinning broadly at the camera. One of them is the Ozeki Nangaku, who was the abbot
      FT  -  278 words
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      73 7 ITS ELECTRIC. -C ■>■■■■- |9MIkK% It takes a Ihcbon over 12 seconds for the XJ-S Vl2 Convert** to hijjgftg* altht of opcatop aeomsnaly jMgw{6elntodaiirarwndow legaliunka, touch more braking system Doe other seats, upholstered ki other electrifying shades m Malayan Mofors A Division ol Wesrnts International (Pt») LU Brunei Distributor PREMIER
      73 words
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  • PERSPECTIVE
    • Article
      Not a simple question
      453 8 OF THIS there is little doubt: General Antonio Manuel Noriega is getting the come uppance he so richly deserves. The Panamanian strongman is a man of many qualities. He terrorised the domestic political atmosphere well nigh impregnably. He ran a highly profitable and murderous drug ring.
      453 words
    • Article, Illustration
      The ST Index after the big split
      729 8 Come Jan 2, the Stock Exchange of Singapore will see the loss of more than half of its counters as a result of the split with the KL Stock Exchange. This will make necessary a radical revision of the widely-followed Straits Times Industrials
      729 words
    • Article
      Component stocks for other ST indices
      183 8 A more comprehensive index. Next week, BT will give details of the overhauled BT Composite Index. To be called the Business Times-Morgan Grenfell Index, it will incorporate changes that will make it a more sophisticated market barometer. V y THE FOLLOWING are the component
      183 words
    • Article
      How the component stocks were chosen
      773 8 SIMPLE CRITERIA were used in selecting the component stocks of the Straits Times Industrials Index. First, as in the past, the STII must keep abreast ot the latest trends in the economy and reflect the presence of all industries or sectors of growing importance.
      773 words
    • Article
      Lock icon A year of socialist chastity and reluctant solitude
      624 9 The 1980s have seen South Korea's economy developing spectacularly under Chun Doo-Hwan's authoritarian role. The North, however, moves furthur and furthur into economic stagnation as Pyongyang's former trading partners in Eastern Europe begin establishing ties with Seoul. NORTH KOREA AFP NORTH KOREA
      AFP  -  624 words
    • Article
      Lock icon Towards full democracy at the turn of the decade
      607 9 TAIWAN AFP TAIWAN took a giant stride towards full democracy at the turn of the decade with the ruling Nationalists set to share power with an opposition that scored unprecedented gains in elections earlier this month. .The opposition will be legally
      AFP  -  607 words
    • Article, Illustration
      Lock icon Can Seoul sustain the miracle?
      815 9 SOUTH KOREA AFP FOR SOUTH KOREA, the 1960s will go down in history as the decade the people won political democracy by battling dictatorship while working hard to elevate their country to the ranks of industrialised nations. But as the turbulent decade draws to a
      AFP  -  815 words
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      Page 8 Advertisements Column 1
      150 8 luh R t w%mm Sm 0 a asHßßraPPvf XmHbHSh f v-\'il wfe» HP^'• v,\ s h > <v\ I ifo v. \>>"4\\ i \Ww vV U*AJ\ l\fv* ft.'-'-; T* %T\\ i IkMe* #/1 Q> r-B\ 1 -W V Wo>tmaf4Set/r® V M The Sheaffer Connaisseur* v^\\ m is perceived by many
      150 words
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      99 8 FOR THE I VIEWS OF FINANCIAL EXPERTS Changoa in intaraet and exchange rata* rito yaur bMin— BANKING FINANCE bnngo to yon the financial centraa, from and Tokyo to London and New York, on a potior which tm (rttin* mora unprKhctabU and volatile Ftad out how imi»aiam to Hintapo«a and other
      99 words
  • Page 8 Miscellaneous
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      Page 9 Advertisements Column 1
      46 9 Top executlvee lay down tholr Retailers go electronic Seafood processors move up llm food chain Tha marketing executives who sold on sponsorship H#, P ,or restaurateurs a Chocolates are big business Investment Spotlight on Robinsons i) I and Trana-leland Bus Servlcee W\ irT i I. w
      46 words
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      Page 9 Advertisements Column 2
      123 9 M A S E R A/ T I I I I f i j j 77/ 1 1 f A moving experience of power and passion. The Maserati 220 r/i 7 i y j 2 litre 220 Manual/Auto complete with leather upholstery from $144,000 ARI jjjjF EAR S'^^L (for a
      123 words
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      157 10 -V»». ."I •T**-^TiMT H JJ»" MAZDA I [^l^irrnnnnrv I mmm IP f I I jfl^l iiiIBMHBBI l&i^f g§l^H9z|^^^^H| |ft|§§ LjwaHM I null—l I Defy Convention I I There are those who run on the rim of conventional thinking. Taking a wider perspective on issues and thus usually deciding on more
      157 words
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  • SPORTS
    • Article
      Lock icon Teenager signs US$ 3m contract with Diadora
      109 11 TENNIS AP THIRTEEN-YEAR-OLD tennis prodigy Jennifer Capriati has agreed to a multi-million-dollar endorsement contract three months before her first professional match. The five-year deal, worth an estimated US$3 million, calls for Capriati to endorse shoes and tennis apparel for the Italian firm Diadora.
      AP  -  109 words
    • Article
      Lock icon Report on future of Le Mans soon
      77 11 MOTOR-RACING AFP A REPORT on the future of the Le Mans 24 hour race is to be released on Jan 10, Jean-Marie Balestre, the president of the motor racing governing body FISA, said on Wednesday. "It should be pointed out that for 19
      AFP  -  77 words
    • Article, Illustration
      Lock icon Bird, McHale star in Celtics' victory over Jazz
      931 11 BASKETBALL AP LARRY BIRO scored 40 points and Kevin McHale had 13 of his 19 in the third period as the Boeton Celtics beat Utah Jazz for the 19th consecutive time in Boston Garden, 113-109. The Celtics outscored Utah 13-3 at the
      AP  -  931 words
    • Article, Illustration
      Lock icon Maradona faces possible action over draw remarks
      431 11 SOCCER AP ARGENTINE SOCCER STAR Diego Maradona could be fined or disqualified from Italian major league play because of his reported remarks that the World Cup draw was fixed, a spokesman for the Italian Federation said yesterday. The disciplinary commission of the Italian
      AP  -  431 words
    • Article
      Lock icon Nunn-Starling bout postponed
      154 11 BOXING AP A BACK INJURY suffered by Michael Nunn when he fell on steps in his Southern California home has forced the postponement of his scheduled Jan 27 IBF middleweight title defence against Marlon Starling, Nunn's manager said on Wednesday. Nunn suffered a badly bruised back in
      AP  -  154 words
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      Page 11 Advertisements Column 1
      451 11 A A Christmas Guide^tlK Lower Scores. At Lower Costs! usual NOW I Honma Superior Ex Correct Wood 250.00 150.00 each Hooma DCSOO US Irons 3-9 PS 1,650 00 800.00 V Honma Sunday Golf Bag 8* 150 00 65.00 Honma #705 Ladies Go# Bag 220.00 140.00 IWH3BBRB Honma Go« Shoe ******
      451 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Prudential Asset secures 30pc stake in Stamford Tyres
      545 12  -  By LIM MUI KHI PRUDENTIAL ASSET Management Aaia Ltd (PAMA), the investment arm of the giant Prudential Insurance Co of America, is injecting capital into Singapore's largest specialist tyre trading company and will help it obtain a public listing in due course.
      545 words
    • Article
      Lock icon Public Bank proposes bonus and rights issues
      313 12 Bernama PUBLIC BANK Bhd has proposed a one-for-three bonus issue of 238.15 million new 50 sen-shares and a one-for-five rights issue of 142.89 million new 50-sen shares at 80 sen per share to enlarge its capital base. Chief executive officer Tan Sri Teh
      Bernama  -  313 words
    • Article, Illustration
      Kuok S'pore in billion-dollar league
      543 12  -  By ELAINE KOH THE KUOK GROUP in Singapore, the private company of "Sugar King" Robert Kuok operating from a modest office in Carpenter Street, has joined the exclusive list of companies with turnover exceeding one billion dollars. For the financial year ended Dec 31. 1988,
      543 words
    • Article
      Lock icon Benta makes M$ 46.5m plantation purchase
      617 12 Bernama. BENTA PLANTATIONS Bhd is expanding its core business with a proposed purchase of four estate companies costing M 546.48 million. This will substantially increase its plantation acreage to 28.293 acres from the present 10,520 acres. The company is also proposing a two-for-one bonus
      Bernama.  -  617 words
    • Article
      Lock icon YTL Corp submits plans for listing of subsidiaries
      222 12 MBT YTL CORP has submitted proposals to the authorities for the flotation and listing of three of its subsidiaries: Buildcon, Transportable Camps and Batu Tiga Quarry. In his latest annual statement, chairman Tan Sri Datuk Dr Yeoh Tiong Lay explains that such
      MBT  -  222 words
    • Article
      KLK turns in best results in five years
      341 12 PLANTATION giant Kuala Lumpur Kapong has turnad in its bast rasults in fivs yaars with a profit aftar tax and minoritias of M 5127.39 million, on tha back of strong commodity pricas. This was a 12 par cant incraasa from tha M
      341 words
    • Article
      HK govt may soon legalise short-selling by professionals
      409 12 THE HONGKONG authorities may soon legalise short-selling by professional traders in order to add liquidity to the market and make it perform more effectively. Short-selling, which involves selling shares in the market without first owning them, is not permitted in Hongkong. But
      409 words
    • COMPANY NEWS
      • Article, Illustration
        An untrodden path lies ahead
        1295 14  -  The words CLOB, split and OTC have grabbed the headlines for most of this year. ANDREA BORCH runs through the highlights which have made 1989 a most eventful one for the local securities industry and takes a look at what 1990 could offer. ANDREA BORCH
        1,295 words
      • Article
        Lock icon Smithkline Beecham sells Uhu adhesives
        184 14 NYT SMITHKLINE Beecham. the An-glo-American pharmaceuticals and consumer products company. yesterday announced the sale of its worldwide Uhu adhesives business for 200 million marks. It is being bought by HSGVermogenverwaltungs, a new Frankfurt-based consortium comprising the present management of Uhu. two industrial investors and Citicorp
        NYT  -  184 words
      • Article, Illustration
        Lock icon Japanese firm buys German fashion house Hugo Boss
        436 14 Reuter HUGO BOSS, the firm which helped push West German menswesr Into the glare of world fashion, is being taken over by Leyton House of Japan. Boas' owners, Jochen and Owe Holy, said they would sell a majority stake to Leyton House,
        Reuter  -  436 words
      • Article
        Lock icon Two German firms eyeing Nixdorf stake
        199 14 Reuter TWO GERMAN groupe are eyeing a minority stake in Nixdorf Computer AG as part of the computer company's restructuring plans. A Nixdorf spokesman yesterday said the company'a new management board chairman, Horst Nasko, would present his plans for restructuring the company at a
        Reuter  -  199 words
      • Article
        Lock icon Toyota's UK unit its first wholly-owned in Europe
        420 14 AFP TOYOTA Motor Corp. Japan's largest vehicle manufacturer, said yesterday that it has established in Derbyshire in Britain its first wholly-owned manufacturing subsidiary in Europe. The company said Toyota Motor Manufacturing (UK), capitalised at £250 million (US$4OO million), will be responsible for
        AFP  -  420 words
      • Article
        Lock icon Trump may buy Bloomingdale's
        143 14 Reuter NEW YORK multi-millionaire real estate tycoon Donald Trump is in the running to buy Bloomingdale's. the ritzy department store chain now owned by troubled Campeau Corporation of Toronto, a Trump spokeswoman said on Wednesday. Campeau has said there are five or six serious bidders for
        Reuter  -  143 words
      • Article
        Lock icon Securities body seeks single arbitration agency
        654 14 NYT THE US Securities Industry Association has called on Wall Street to set up a single industrywide agency to handle the arbitration of customer disputes, rather than continuing to maintain separate programmes at various exchanges and at the National Association of Securities Dealers. Edward
        NYT  -  654 words
    • COMMODITIES
      • Article
        Rubber
        291 15 SINGAPORE: Rubber prices closed quietly steady yesterday, with January 1 RSS buyer quoted at 161.00 cents a kg, half a cent higher than Wednesday's close Dealers said the afternoon market was very quiet due to a lack of interest as operators stayed on the sidelines ahead of the long
        291 words
      • Article
        RAS and MRELB
        333 15 RAS prices in S c*nl*/1ig, FOB In bate* NOON CLOSE Buyers Sellers Buyers Sellers Inf 1 RSS Prompt 159.00 160.00N 159.00 160.00 Int 1 RSS Jon 90 161.00 161.50 161.00 161.50 Int 1 RSS Feb 163.75 164.25 163.75 164.25 Int 2 RSS OP 157.50 159.50N 156.50 158JON
        333 words
      • Article
        Palm Oil
        584 15 MALAYSIAN CRUDE PALM OIL FUTURES on the Kuala Lumpur Commodity Exchange (KLCE) closed steadier yesterday on short-covering activity ahead of the Christmas holiday. Dealers said news of India and Egypt tenders yesterday helped to push up prices, discounting the overnight decline on the Chicago Board of Trade and
        584 words
      • Article
        Lock icon Wheat
        129 15 Reuter CBOT SOFT red winter (SRW) wheat futures eased late in the session on Wednesday to close lower. Prices came under pressure from professional liquidation after morning export enhancement programme wheat purchases by Egypt. Turkey and China failed to spark a sustainable rally. SRW wheat ended down 1-1/4 cents
        Reuter  -  129 words
      • Article
        Lock icon Soybean
        141 15 Reuter CBOT SOYBEAN futures eased on late Wednesday to close on or near the lows after coming under initial pressure from the aggressive selling by a commission house said to be acting for a closely watched large speculator. Additional restrictions on barge tows moving towards the Gulf have sharply
        Reuter  -  141 words
      • Article
        KL Tin
        205 15 THE Kuala Lumpur Tin Market (KLTM) price rose four sen to close at M 518.49 a kg yesterday alter holding steady on Thursday, dealers eald. "Prices have to go up became of strong coneunter Japanese and European buying Interest," one dealer said, adding that the market dtocounted a
        205 words
      • Article
        London markets
        193 15 London Commodity Exchange Buyer/Seller dosing prices on Dec 19 (£/tonne unless specified). Previous closing prices in parenthesis. CoH<l Jon 643/645 646/647 High/Low 646/633 Mar 640/642 647/649 645/645 Sato* (5643) Coco# Dtc 643/645 (643/645) 645/642 Mar (627/628) 627/628 Hfeh/Low 633/625 Solos (7088) Sugar No 6 FOB (US$/tonne) Mar 289.00/289.40
        193 words
      • Article
        Produce Prices
        194 15 Chinese Produce Exchange SoMori' nor doting pfkti on Dk 20 (SI/100 kg) Coconut oil Bulk FOB 81.00 Old drum FOB 91.00 Now drum FOB 95.00 Copra MJxod (loot*) 42.00 soNors P«ppmr 4A. "iWnO* WTwig FOB NtW 422.50 Sarawak wHto FOB foq NIW 412.50 Sarawak ipodal block FOB NLW
        194 words
      • Article
        Lock icon Crude Oil and Products
        131 15 Telerate Fuel oil prices in Singapore slipped yesterday on weak market sentiment. The actual number of deals done remained few. Players cited the fall in European prices and the feeling that the market had hit the top as bearish factors. CST3BO was heard sold at $103.75
        Telerate  -  131 words
      • Article
        Lock icon Producers to hold back 15pc of coffee
        241 15 Reuter CENTRAL AMERICAN coffee producers agreed to withhold 15 per cent of their exportable coffee until the end of next year and urged Colombia and Mexico to join them in lifting world prices. Costa Rica, El Salvador, Honduras, Guatemala and Nicaragua agreed to
        Reuter  -  241 words
    • MONEY AND EXCHANGES
      • Article
        Lock icon Speculation rife that Japan may lift discount rate soon
        345 16 NYT DESPITE a series of denials by Japanese government officials and reports of disputes within the government, speculation is mounting in Tokyo that a rise in Japan's key discount rate is imminent. A senior official at a leading Japanese bank, the
        NYT  -  345 words
      • Article
        Forex markets
        1108 16 SINGAPORE: The US dollar closed mixed yesterday after fluctuating within narrow ranges in thin and lacklustre pre-holiday trading, dealers said. The dollar eased to 143.70/80 yen from New York's 143.80/90 close but rose to 1.7315/25 marks against 1.7290/7300 marks. Dealers attributed the dollar's firmness against the mark to
        1,108 words
      • Article
        Asian dollar market
        269 16 ASIAN OOLLAR deposit rates closed lower yesterday compared with Wednesday s level, after a day of thin trade. Dealers said the US Fed s move to add reeerves into the banking system through overnight system repurchase agreements and a decline in US Federal funds rate contributed to
        269 words
      • Article
        Money markets
        56 16 THE overnight rate on the Singapore money market was 3/16 point lower at 5-1/8 per cent yesterday. Short-term rates were 1/16 point higher. S$ Interbank rates at the doM yesterdays cm* mo Ow- SI/I 5 M 3 5/1 3 1/3 3-awMh 9 3/1 3 1/3 3 —•*> 3
        56 words
      • Article
        Government securities market
        97 16 Treasury bills Period Issuo Y»st«rday's dosing Day's cod* Maturity MO OW» HCM LOW 3 months BQ*****X 22.03.90 6 momh» BS*****V 18.01.90 4A5 1 yor IY*****Z 18.10.90 4.03 4J8 Government notes end bonds Portod Issue Maturity Coupon Yostorday's dosing Day's cod* rat* W0 OFFEt HIGH LOW 2 years
        97 words
      • Article, Illustration
        World interest rates
        159 16 1? mSar binta"! «'por« Interbank market rates (offer/bid) on Dec 21 US$ DM SWFC Y«n 7 *»rt 3/4 S/« IS 3/1* 7 l/a 7 1/4 1/4 7J/I 3/t la* *13/1* ll/l* IS 1/1*—l/l* 1/4 IS/14— 13/1* 7 1/1* IS/I* 3 a* 1/3 —«3/* IS 3/1*—l/l* 3/t t
        159 words
      • Article
        Precious Metals
        313 16 HONGKONG: Gold yesterday closed slightly easier in quiet late trading on lack of market interest due to the upcoming holiday, dealers said. Gold found support US$4l2 despite early Japanese selling, but eased against New York's close. Bullion ended at U*****.10/60 an ounce against New York's U*****.40/90 close. The
        313 words
      • Article
        Comex gold/ silver futures
        171 16 Gold futures on Docomber 20, 1989 100 Hoy ouncw. US$ per troy ounct Of* Hlffi U» OK 413.00 414.80 412.00 4)3.40 >1.70 415.10 1.40 F«b 414.50 418.50 415.50 417.50 -M 40 Ap. 422.30 423.70 420.60 422.50 1.40 hn 426.40 428.50 426.00 427AO 1.40 Ayg 431.70 431.70
        171 words
      • Article
        Lock icon Simex
        587 16 Reuter SIMEX Eurodollar futures closed mostly higher on some buying and position squaring in quiet trading, dealers said. March closed steady at Chicago's 92.ig. while June rose to 92.43 from 92.42 on turnover of about 11,490 lots. Euroyen futures recovered in late trading on short-covering to close firmer sgainst
        Reuter  -  587 words
      • Article
        Lock icon IMM
        292 16 Reuter A SUDDEN RALLY wiped out the bulk of initial losses and left most IMM currsncy futures moderately higher on Wednesday. The swift rise catapulted all contracts at least briefly into positive territory on sentiment that the Federal Reserve has relaxed its grip on credit. The central bank added
        Reuter  -  292 words
      • Article
        Options
        1146 16 CURRENCY FUTURES OPTIONS Thursday December 21 1989 OCUTSCMCMAAK (MMEX) DMHCM OMMpmH Mm LOT Ml Mgft Lot Mi 32 5J 54 JAPANCM YEH (MUX) Om M cam Ornttpm 71 n 73 75 CURRENCY FUTURES OPTIONS IMM Wndnaadoy, Oac 20, 1989 MITMN POUND tllH. aanM pw t MM 1939 S-7« 4*4
        1,146 words
    • BANKING AND FINANCE
      • Article
        Lock icon Western US banks not harmed: Fed
        302 17 US REAL ESTATE LOANS PROBLEM Reuter ECONOMISTS at the Federal Reserve Bank of San Francisco said real estate problems plaguing some US banks have not materialised in the western section of the nation. Banks in the nine western states with heavy emphasis on real
        Reuter  -  302 words
      • Article
        Lock icon Canadian banks and analysts differ in views on share drop
        443 17 Reuter CANADIAN BANKS said their stocks have been unfairly marked down by investors nervous about a weakening US real estate market, but analysts said high consumer debt levels in both countries justify some of the markdowns. "We've been prudent and
        Reuter  -  443 words
      • Article
        Lock icon Dresdner buys Elders' treasury division
        158 17 Reuter ELDERS I XL Ltd subsidiary Elders Finance Group Ltd said it has sgreed to sell its Australian treasury division to Dresdner Bank of West Germany for an undisclosed sum. Elders Finance said in a statement from Sydney yesterday that the sale is the first
        Reuter  -  158 words
      • Article, Illustration
        DOLLAR$ AND NON$EN$E
        3 17
        3 words
      • Article
        Lock icon British student loans' plan hit by bank boycott
        171 17 Reuter BRITISH government plans to cut student grants and introduce repayable loans suffered a blow on Wednesday when leading banks withdrew support, fearing campus boycotts. Education Secretary John MacGregor said Barclays, National Westminster. Midland, the TSB and the Royal Bank of Scotland
        Reuter  -  171 words
      • Article
        Lock icon Tokyo dealers see Panama impact on dollar fading
        316 17 Reuter UNCERTAINTY over the situation in Panama triggered by US military intervention on Wednesday will soon lose its ability to move currency rates given the market's eagerness to take profits, dealers in Tokyo said. "You could say the initial impact on currencies
        Reuter  -  316 words
      • Article
        Lock icon BNZ sells its 9.9 pc stake in Advance Bank Australia
        202 17 Reuter BANK OF New Zealand Ltd said it sold its 9.9 per cent stake in Advance Bank Australia Ltd. A total of 6.49 million shares were traded on the Australian Stock Exchange yesterday at A 55.00 a share. Managing director
        Reuter  -  202 words
      • Article
        Lock icon Fed said to signal lower interest rates
        498 17 NYT THE Federal Reserve Board on Wednesday came through with a longawaited signal that analysts said clearly showed the central bank wanted shortterm interest rates to decline, but prices of Treasury notes and bonds were little changed on the development. The Fed added
        NYT  -  498 words
      • Article
        CPF may lower premiums, pay out bonuses under insurance scheme
        485 17  -  By SOH TIANG KENG THE Central Provident Fund (CPF) may lower premiums and pay out special bonuses in the next few years to insured members of its Dependents' Protection Insurance Scheme. The CPF also announced yesterday that all members who
        485 words
      • Article
        Lock icon Kuok insurance arm expects 22pc rise in premium income
        330 17 Bernama JERNEH INSURANCE Corporation Sdn Bhd. the insurance arm of the Kuok group of companies, has projected a 20 to 22 per cent rise in gross premium income to over Mssl million this year, given the better demand for insurance in
        Bernama  -  330 words
      • Article, Illustration
        Singaporean gets top job in Canadian bank
        434 17  -  Appointment by CIBC is a first By DEXTER LEE TORONTO-BASED Csnadian Imperial Bank of Commerce (CIBC) has sppointed a Singaporean. Mr Ng Teck Lea, head of its branch and merchant bank here. Mr Ng, who joined the bank in July 1966, is said
        434 words
      • Article
        Lock icon Five get more say in World Bank affiliate
        173 17 AFP THE INTERNATIONAL Finance Corp (IFC). the World Bank's private sector financing affiliate, has approved requests by five member countries for additional shares. The approval, which now goes to the IFC board of governors for final agreement, will give the five members
        AFP  -  173 words
      • Article
        Lock icon Price pressures mounting in Japan: BOJ
        116 17 Reuter UPWARD PRESSURE on prices in Japan is accelerating, according to a Bank of Japan official. The BOJ needs to be more cautious about prices due to continued softness of the yen against the US dollar and rising oil prices, the official said yesterday.
        Reuter  -  116 words
    • SES
      • Article, Illustration
        Tokyo, New York fall fails to dampen local market
        781 18  -  Bf ABDUL HADHI SHARE PRICES rose to postCrash highs yesterday, contradicting brokers' earlier expectations of a slower market ahead at the long weekend. Brokers attribute the market's good performance to investors accumulating their holdings ahead of the Christmas and New Year
        781 words
      • Article
        SINGAPORE STOCKS
        230 18 Rises KoppolFin50* 195 9.6% +17 OUSmitMM 185 +9.5% +16 FaS WrH 1994 164 9.3% +14 Gutfwto In 20* 18 +9.1% +1K ApoMo 290 8.6% +23 bwo-Poc Wrts 44 +8.6% +3% HMHoMi 200 +8.1% +15 Focal Flnaneo 183 +7.6% +13 Koppol C Wrts 372 6.9% +24 HNigara 490 6.5%
        230 words
      • Article
        MALAYSIAN STOCKS
        236 18 Rises Krone* 300 +50.0% +100 Ooyopi M 168 +27.3% +36 KHNnghoM 50* 250 22.0% +45 MCI HMgs 50# 147 +16.7% +21 Gondo HMgs 69 +12.2% 7fc Sanyo 160 +10.3% +15 Tbm Engrg 492 +9.3% +42 C I Holdings 215 +9.1% +18 Imas Mid 50# 44V4 +8.5% +3K UMW
        236 words
      • Article
        Unit trusts
        322 18 Monog«rs' pricw for Dk 22 Singapore Unit Trust fka Coaairca 124 131 Savinga Fund I 06 I 12 S'pera frog Fund 0 47 Oil S'pora Sac Food 07? 0.64 Vpo* kNMi Fund 0 83 086 S pan Equity Fund 0 54* 040* Aria Unit Trust Mrf lM«t Fund
        322 words
      • Article
        COMPANY MEETINGS
        52 18 BOUSTEAOCO SINGAPORE LIMITED: EGM at 15 Hoe Chiang Road. #12-00 Sanford Building. Singapore 0208, today at 12noon. CHUAN HUP HOLDINGS LTD: 19th AGM at 322 Jalan Ahmad Ibrahim, Singapore 2262. today at 10.30am CITY DEVELOPMENTS LIMITED: EGM at 16 Raffles Quay. #26-00. Hong Leong Building. Singapore 0104, today
        52 words
      • Article
        SES SHARE INFO ----- SESDAQ STOCKS
        303 18 SES SHARE INFO SESDAQ STOCKS Qr'« Qr's Tal Laat Vol Day Last Quota Mr Olv rid Not M Cap Law Codo Company Sala +or- (*000) High Low Buyor Solar C'vr P/E SmM DEC 21 8E8DAQ 17t* 90* t 4000 Amtak Eng 200 151 .1 94 152 1SI 151 152 6
        303 words
    • Article
      SES SHARE INFO – S'PORE STOCKS
      5376 18 SES SHARE INFO S'PORE STOCKS IMS t*i Loot vol Doy <*»*• S? S! High Low Codo Compony or- (*000) Mgh Low Bvyor SoSor Cm DEC 21 DEBENTURES, BONDS, LOANS 330 124 t 1543 CK Tang W1 1980 324 310 320 73* 88* 1546 CwMwiy Low 70 uncti 30 70 68
      5,376 words
    • KLSE
      • Article, Illustration
        Prices chalk up hefty gains
        3661 19 SPURRED by sharp gains, investors returned with renewed confidence to the Kuala Lumpur stock market yesterday, pushing prices to higher levels in ectlve trading. The better sentiment was evident in the 30counter New Straits Times Industrial Ordinary Share Index, which cloeed the day at 2794.97.
        3,661 words
    • REGIONAL MARKETS
      • Article, Illustration
        Prices ease in dull trade
        1230 20 Hongkong PRICES of blue chips on the Hongkong market hardly moved yesterday after a day of sluggish trading with the main stock index finishing just marginally lower. The Hang Seng Index gave up 0.8 of a point to 2,867.69 and the Hong Kong Index shed
        1,230 words
      • Article, Illustration
        Lock icon Rates fear mounting
        564 20 Tokyo Reuter MOUNTING fears a discount rat* rise could come as soon as today cauaed investors to yank cash out of the market yesterday, kicking share prices broadly down throughout the day of modest trade. Only electrical and service sectors poeted gains. Traders said confusion and anxiety
        Reuter  -  564 words
      • Article, Illustration
        Lock icon Slightly lower close
        483 20 Sydney Reuter AUSTRALIA'S share market ctoeed marginally lower yesterday. The All Ordinaries Index cioeed 0.1 point down at 1.838.2. Advance Bank waa a feature of trading aa 8.48 million shares, or about 10 per cent of its market capitaliaation. changed hands. Brokers said the Bank of New
        Reuter  -  483 words
      • Article
        Lock icon Time not on the side of Bell Resources: chairman
        300 20 Reuter AUSTRALIA'S Bell Resourcee, 56 per cent owned by Bond Corp, ie running out of time to obtain money or assets from Bond that would aave It from collapee, chairman Geoff Hill told ahareholdera yesterday. "Time ie a luxury that Bell
        Reuter  -  300 words
      • Article
        Lock icon Bangkok: Record close
        260 20 Reuter SPECULATIVE buying focused on selected mining end finance shares sent the Thai stock index to a new record in active trade yesterday, brokers said. The SET Index closed 3.34 points higher at 637.22. Declines led advances 68 to 50. Moet active were National Finance. RCI and
        Reuter  -  260 words
      • Article
        Lock icon Taipei: Investors get edgy
        417 20 Reuter THE TAIWAN stock index finished lower yesterday after uncertain investors sent prices swinging back and forth during a day of heavy trading, dealera said. The weighted index dropped 106.47, or 1.23 per cent, to close at 6,516.11. Turnover roee to NT5105.61 billion from NT500.35 billion.
        Reuter  -  417 words
      • Article
        Lock icon Jakarta: Turnover slumps
        86 20 Reuter TURNOVER on Ihe Jakarta stock exchange ymtorday slumped to 534,300 aharee from 1.53 million on Wedneaday. but the indax rota 1.73 points to 304.04. Broker* said ths market was bullish on plastic and cable maker Sucaco, with 121.200 shsras changing hands, but the share ended unchanged
        Reuter  -  86 words
      • Article
        Lock icon Bombay: Mixed closed
        211 20 Reuter BOMBAY SHARE pricee moved erratically to end mixed yesterday on alternate bouts of modeat buying and aelling. Trading volume was light with moat players on the sidelines ahead ol long Chrtetmaa holidays next week, brokers aaid. The Exchange Index dropped 2.03 pointa to 766.75, but the
        Reuter  -  211 words
      • Article
        Lock icon Manila: Third straight rise
        178 20 Reuter PHILIPPINE SHARES cloeed higher yeeterday, on a third coneecutive day of bargain-hunting. But the market remained nervous amid a volatile political setting, brokers said. The Manila Stock Exchange compoeite index edged 20.56 pointa higher from Wedneeday'a cloae to end at 1,046.66. "The market la still
        Reuter  -  178 words
      • Article
        Lock icon Seoul: Mixed trading
        176 20 Reuter SEOUL STOCKS fell in mixed trading yeeterday as a lack of poeitive news cauaed selling mainly by private investors. The composite index closed at 932.66. down 0.79 pointa from Wednesday. Turnover waa an active 711 billion won compared with 747.6 billion in the previous session. "The
        Reuter  -  176 words
      • Article
        Lock icon New Zealand: Higher close
        97 20 Reuter THE SELL-DOWN of Fletcher Chellenge aharea. inapired by its takeover of UK Peper pic, ended with bargain hunters buying up the stock at lower pricee. brokers seid. The resulting nine-cent rise in FCL'a share price to NZ54.24 helped the Barclays index finish 7.24 pointa higher
        Reuter  -  97 words
    • WORLD MARKETS
      • Article
        Selected indices
        1155 21 HONGKONG All Industrials kUMbnM |_j- v Thursday 2.3653 TK., f 1*513 Wednesday 2.5727 IE w 4 090 \.m 27 nev/ YORK Hang Seng Index Jooej T 2.«793 *****5 Tu#id v 2697 74 Week oflo 2 876/5 W e«liogo 2.7610» TOKYO Standard Poors Nikk*l Avwom Wednesday ***** niKKVi Average
        1,155 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        551 21 Reuter FRANKFURT: West German shares hit a new 1989 high in early bourse trade yesterday, but prices ended mixed amid scattered profit-taking. The OAX index of Germany's 30 biggest shares touched a new 1989 high of 1,680.70 early in the session, but it slipped back to close
        Reuter  -  551 words
      • Article, Illustration
        Lock icon Mixed opening in thin trade
        825 21 London Reuter SHARE PRICES on London market opened narrowly mixed in thin preChristmaa trading yeeterday. Around half the FTSE constituent stocks were unchanged from overnight levels. Wall Street, which closed lower amid concern about US military action in Panama, failed to provide a lead. A
        Reuter  -  825 words
      • Article, Illustration
        Lock icon Easier close in nervous trade
        877 21 New York Reuter US STOCKS closed mixed on Thursday. weighed down by sharp drops in some of Wall Street's favourite stocks. Concern over the l)S military action in Panama and whether the Federal Reserve is taking steps to ease credit made for a nervous market.
        Reuter  -  877 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      48 12 ■Kiyk:''; .V. dflr :^l INDIVIDUALITY. A MASCULINE FRAGRANCE OF SUBTLETY AND DISTINCTION DUNHILL EDITION A FULL RANGE OF MEN'S GROOMING PRODUCTS FROM ALFRED DUNHILL. JJ] I VISIT ALFRED DUNHILL AT HILTON INTERNATIONAL HOTEL, CENTRE POINT. AND FRAGRANC E COUNTERS AT ISETAN ORCHARD. SOGO. TANGS AND TANGS STUDIO i
      48 words
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      177 13 WmmKOßFt*- ■■> Wmufi iwAtaii i'ir n <l ;v\v' VAN GOGH'S -SUNFLOWERS'. SOLD TO A JAPANESE BUYER ON MARCH 30. 1987. FOR NEARLY TWENTY-FIVE MILLION POUNDS STERLING. IF A DUTCHMAN CAN GET THE JAPANESE TO PAY EIGHTY MILLION BUCKS FOR A VASE OF FLOWERS, MAYBE YOU SHOULD LET ONE HANDLE YOUR
      177 words
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      Page 14 Advertisements Column 1
      129 14 k?. > y^"' Pa ftltrGEß BANG FOR THE AEROSPACE BUCK It pays to advertise in Business Times' l\V ASIAN K aer4 srace'9o supplement the official business daily of the air show. y As in past years, Business Times will publish an aerospace supplement, on February 14, 1990V the very day
      129 words
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      Page 15 Advertisements Column 1
      64 15 BIRTH OF A NEW CLASSIC li L si* 1 V. x ytm/MKr ,n wr/W s IDFAS FROM MASSIMO OSTI JOIN A 20% DISCOUNT ON YOUR NEXT ITEM/S WITH EVERY FIRST APPAREL YOU BUY AT NORMAL PRICE. NOW TILL 31.12 89. (VALID FOR PER CASH BILL ONLY.) C.P. COMPANY BOUTIQUE TANGS
      64 words
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      Page 17 Advertisements Column 1
      176 17 PRECHJALIFICATION OF TENDER CITY SQUARE COMPLEX PRESTIGIOUS HIGH-RISE OFFICE TOWER ON LOT 129 SECTION 43 JALAN TUN RAZAK LOW YAT CONSTRUCTION SON BHD invites Class A /INTERNATIONAL Contractors with financial resources and proven technical and organisational abilities to submit an application for: a) Erection and completion of a 53-storey office
      176 words
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      Page 17 Advertisements Column 2
      24 17 Daiwa Merchant Bank (Singapore) Limited our on 22 December 1989 at 8 Shenton Way, #3001 Treasury Building, Singapore 0106 Jill Tel: 22m7* V SwMO
      24 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      304 20 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PA MANAGEMENT CONSULTANTS (PTE) LIMITED (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2)(b)) At an Extraordinary General Meeting of the Company held at 6 Battery Road #12-03, Standard Chartered Bank Building,
      304 words
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      Page 20 Advertisements Column 2
      332 20 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up) No. 358 of 1989 In the Matter of the Companies Act (Cap. 50) And In the Matter of PAPERO TRADING PTE LTD ADVERTISEMENT OF PETITION Notice is hereby given that a petition for the winding up of the
      332 words
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      Page 20 Advertisements Column 3
      387 20 THE COMPANIES ACT, CAP. 50 SINGA MULIA AGENCIES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of SINGA MULIA AGENCIES PTE LTD duly convened and held at 49 Shipyard Road, TW9, Jurong Marine Base, Singapore 2262 on Saturday, the 16th day of December 1989. the following special
      387 words
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      Page 20 Advertisements Column 4
      305 20 SINWA HOLDINGS PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 118-120 Paslr Panjang Road Singapore 0511 on 18 December 1989 the following Special Resolutions were duly passed:1. That the company be wound up voluntarily pursuant to Section
      305 words
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      Page 20 Advertisements Column 5
      413 20 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LOYANG-BATAM OFFSHORE SUPPLY BASE PTE LTD > (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE 18 HEREBY GIVEN that a Final Meeting of the members of the above- named company will be held at 400
      413 words
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      Page 20 Advertisements Column 6
      335 20 IN THE MATTER OF THE COMPANIES ACT CAP 90 AND IN THE MATTER OF BUSINESS EVALUATION SERVICES PTE LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (pursuant to Section 290) At an extraordinary general meeting of the members of the above-named Company, duly convened and held at 4 Shenton
      335 words
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      Page 20 Advertisements Column 7
      371 20 PAN ORIENTAL TRADERS (S) PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE Is hereby given that pursuant to Section 306 of the Companies Act, Chapter 50. a Final General Meeting of the Members of the abovenamed company will be held at the office of M/s. Gul Kim
      371 words
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      Page 20 Advertisements Column 8
      5 20 Seoul pricea were not available
      5 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      14 21 FOR WHO, whAT, WHERE and IN THE MARKET Every Thursday... ADVERTISING MARKETING In 737-1166
      14 words
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      Page 21 Advertisements Column 2
      273 21 FOR SALE HIGH SPEED PASSENGER CATAMARAHS (Due to fleet rationalisation) Flagship "CITY OF BRISBANE". LOA 20M B 6.5 M D 1.3 M Capacity 150 Pax speed 25 knots laden. This impressive vessel was designed to carry passengers in comfort, at high speed, during Brisbane's Expo and is now surplus to
      273 words
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      Page 21 Advertisements Column 3
      339 21 Be a 3-in-1 Contest winner 3 times and shop at SOGO on us Business Times will be published as usual on Christmas Day. If you do not receive your copy, please check with your vendor. Business Times will not be published on Boxing Day, Tuesday, HOW TO ENTER December 26,
      339 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      250 22 |[U#grefofHterfafri... U/fct?tv entertain... Where tv entertain... Where tv I Those who appreciate only the best in Japanese I cuisine have found a home in Singapore. Inagiku. I Reservations, *****10 or *****85 ext *****/6. I I ttUUMKU THt WISTIN PIA/A II ~w> WESTIN j HonuLßiuan I Looking for an affair with
      250 words
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      Page 22 Advertisements Column 2
      126 22 X'mas Goodies promotion! ChristmiiA turkey, lutm and other goodie# will Ix: on <wle from Dcc 12 ill l.hc Collcc l>oL tor telephone order, plciiao call *****33 ext 2115. IW KM ten* KM KW MR A WIMG OOUAT HOTEL No. 1 Tanglin Road Singapore 1024 Tel: *****33 Dine under the stars
      126 words
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      Page 22 Advertisements Column 3
      322 22 J <£Tkcsaf A Dazzling 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
      322 words
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      Page 22 Advertisements Column 4
      228 22 Sky Garden Poolside Fridays to Sundays 6.30 10.30pm Adults: $11.90++. Children: $8+ Plaza Hotel StHGA»Q«C TO A»W>(QtOUtfUl •IhVt TIWCI ARWH SOW! S*+t**T 0719 IN 2«lIM1 ft Aio^^^Ground J n r 24 hours daily Temptations served round the clock... Only at Cafe Excelsior A delightful selection of western and local favourites
      228 words
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      Page 22 Advertisements Column 5
      394 22 (fantasy (Sfunland >1* 4 V w I »\> On Christmas Day, our ballroom will be transformed into a magical Funland. We've hours of fun for everyone, games and prizes to be toon Join us on Dec 25. Call Til 44t i ext 72i today CHRISTMAS FUNLAND 11 .00am 3.00pm Adult:
      394 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      804 22 Arahian ninht sbciz 111 QUI Gill I lIUII I qBW 6.20 Programme Highlights. 1.30 Studio One Presents (C. L). J-g ial(cont d) AIIA1 730 AM Ooenina Announcement and The Adventures of Teddy Ruipin. 130 A Mother's Love (C. Ep 30) 100 J tot,oßa OUR CHOICE Highlights followed by I* N#W
      804 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The wizard behind Nintendo's success
      873 23 MARKETING NYT MEET THE MAN behind Nintendo, the video game maker that is the talk of America three Christmases running. To his admirers, Peter Main, vice-president of marketing for Nintendo of America, is a master seller of children's entertainment. They say he is a skilled
      NYT  -  873 words
    • Article, Illustration
      Lock icon Errol Flynn's fling as a schoolboy
      507 23 PERSONALITIES AP SIX LETTERS showing Hollywood actor Errol Flynn as a schoolboy Casanova were bought at auction in London on Wednesday by a woman who said they were a Christmas present for a "very special friend". Pamela Tuson secured the letters for £2,600 (U554,160)
      AP  -  507 words
    • Article
      Lock icon Very vocal tenant wins yellfest
      270 23 CONTESTS AP A TENANT behind in his payments pushed his vocal chords to the limit by shouting, "Hey landlord, wait three days more for my rent!" to win the annual Halls Year-End Loud Voice Contest in Japan on Wednesday. Hiroyuki Saito, 28, a company employee
      AP  -  270 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      175 23 entertain.... J| I Celebrate, I I Celebrate I I Amp I I Celebrate. I HI I From early December right into the I I New Year you U really be able to make the I most of this festive season. Each of our I restaurants and bars will be offering
      175 words
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      Page 23 Advertisements Column 2
      81 23 Ann*- 9} 1 Lobster Salad with Fresh Fruits -*w™o 2 Steamed Winter Melon Seed $188.80 3 Red Fish with Soya Bean I I (For 10 persons) 4 Prawns in Oned Red Chilli 5 Peking Pork Rib 6 Shredded Duck with Green <Tte<* Peppers (O® 5 7 Season Vegetable with Mushrooms
      81 words
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      Page 23 Advertisements Column 3
      158 23 1 Jjl- V I I :£>c /V > Traditional Cantonese Cuisine SERVED IN THE FINEST STYLE. Hong Kong Dian Xin served daily for lunch (from 8.00 am Sundays and Public Holidays). Set meals from: S$ 48.00 for 2 3 persons S$ 88.00 for 4 6 persons SslBB.oo for B—lo persons
      158 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      639 23 CRYPTIC PUZZLE 14 Notion (4) ACROSS 15 Crook d W 16 Aged (3) 4 Peter (the saint) is most 17 Mountain lake (4) reliable (6) 19 (4) 7 Omit because permla- ■mn lflsr (9) sion is not allowed? (5. *1 p er w 3) 23 Food fish (4) 8 Eager
      639 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      689 23 RADIO BBC Highlight Radio 5 Highlight Women on the Move, 3.30pm Afternoon Concert, 2.00pm In many countries of the world, women are getting a The works featured are: worse deal than men. Despite many governments' Chopin Piano Concert No 3. Cecile Licad commitment to equality, large numbers of women (piano)
      689 words
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  • Article
    Majority does not favour scheme
    515 24  -  BRITAIN'S PASSPORT PACKAGE FOR KEY HONGKONGERS By FOO CHOY PENG Hongkong Correspondent BRITAIN'S passport package for key Hongkongers won more brickbats than kudos from the colony's leaders yesterday. Except for a minority such as Governor David Wilson and the Honour Hongkong lobby group, most leaders
    515 words
  • Article
    Lock icon OECD sees growth of between 2.25 pc and 2.5 pc for US
    356 24 AFP THE UNITED STATES appears headed for moderate growth in the 2.25 to 2.5 per cent range over the next two years, with stable inflation but little further improvement in its external deficit, the Organisation for Economic Cooperation
    AFP  -  356 words
  • Article, Illustration
    Lock icon China plans new guarantees to woo foreign firms
    421 24 Reuter CHINA said yesterday that it planned new guarantees against confiscation of foreign property, and economists called it a bid to boost sagging investment since last June's political unrest. Businessmen applauded the news that Beijing would protect joint ventures with foreign firms
    Reuter  -  421 words
  • Article, Illustration
    Lock icon Asian reactions to US intervention in Panama mixed
    425 24 AFP REACTIONS to the US intervention in Panama were divided in Asia yesterday. Malaysian Foreign Minister Datuk Abu Hassan Omar said that Kuala Lumpur did not support the use of force by one country on another. "This is our policy. We do
    AFP  -  425 words
  • Article
    Lock icon More Perak exploration due to lifting of curfew
    389 24 Bernama PERAK will intensify exploration of precious metals, including gold, in forest areas in Hulu Perak district following the lifting of the curfew by the Federal government. Chief Minister Tan Sri Ramli Ngah Talib said yesterday. He said that there were indications
    Bernama  -  389 words
  • Article
    Lock icon Taipei to help businesses buy foreign firms
    224 24 Reuter TAIWAN plans to lend some of its massive foreign exchange reserves to local businessmen to buy overseas companies, the governor of the Central Bank said yesterday. "We will provide (loans) on a case-by-case basis but cannot discuss the amount now," Samuel Shieh
    Reuter  -  224 words
  • Article
    Lock icon World Bank expected to resume loans to China in 1990
    375 24 Reuter AFP THE WORLD BANK is likely to resume lending to China early next year, World Bank sources said yesterday. The bank suspended loans to China after the Tiananmen incident in June. "The resumption of loans to China will likely
    Reuter; AFP  -  375 words
  • Article
    Lock icon Malaysia-China trade hits M$ l.9b in eight months
    153 24 AP AFP TRADE between Malaysis snd China during the first eight months of this year was Msl.g33 billion, the Trsde and Industry Ministry's parliamentary secretary, Nijhar Singha, told the Malaysian Senate yesterdsy. He said imports amounted to M 51.131 billion and exports
    AP; AFP  -  153 words
  • Article
    Lock icon EC gets powers to vet cross-border mergers
    325 24 AFP THE EUROPEAN Community yesterday ended a 16-year-long battle by agreeing to establish centralised control over mergers between large companies in different EC states, diplomats said in Brussels. The accord was hailed as a giant step in the progress towards the common European
    AFP  -  325 words
  • Article
    Lock icon Comex gold
    59 24 Reuter COMEX gold futures posted small losses in the first hour yesterday, with the softness stemming partly from a lack of trading interest, as the market prepared for the extended Christmas holiday break. February gold dipped US$O.6O to U*****.90 an ounce after coasting between U*****.00 and U*****.70. which
    Reuter  -  59 words
  • LATE FILE
    • Article
      Lock icon Panama Canal reopens
      31 24 Reuter THE Panama Canal, cloeed on Wednesday for the first time in its 75-year history, wss reopened yesterday to limited daylight traffic, the Panama Canal Commission said. Reuter
      Reuter  -  31 words
    • Article
      Lock icon China may buy into HK Telecoms
      36 24 AFP CHINA'S official foreign investment arm is studying the poesible purchase of a "significant minority interest" in Hongkong Telecommunications Ltd, parent British company Cable and Wireless said ester day. AFP
      AFP  -  36 words
    • Article
      Lock icon Taiwan cuts tariff on 25 items
      43 24 AP TAIWAN'S Cabinet yesterday approved propoeed tariff cuts on 75 industrial items to widen imports and further reduce its trade surplus. The reductions of the items will become effective on Jan 1, officisls in Taipei said. AP
      AP  -  43 words
    • Article
      Lock icon Demos against Ceausescu spread
      35 24 AFP DEMONSTRATIONS against the government of Romanian President Nicoiae Ceauseecu spread to Bucharest yesterday with protesters chanting "Down with Ceauseecu" in the strsets of the capital, a diplomat in Vienna reported.
      AFP  -  35 words
    • Article
      Lock icon US plans cutback in Asia forces
      54 24 AFP PENTAGON officials in Washington hsve confirmed that defence planners rscently outlined s major military withdrawal from Eaat Asia but said the propoeals were not being sctivsly considered. The Washington Post said planners proposed options that included major cuts in US forces in South
      AFP  -  54 words
    • Article
      Lock icon Penang Port sees higher profits
      34 24 Bernama THE Penang Port Commision expects this year's operating profits to sxceed the Ms 7 million gained last year, its chairman Syed Mohamad Aidid Syed Murtaza said yesterday. Bernama
      Bernama  -  34 words
    • Article
      Lock icon VP Singh gets
      30 24 Reuter vote of confidence INDIAN Prime Minister Vishwsnath Prstap Singh's new minority government won a vote of confidence from parliament yesterday with only one voice of diaeent.
      Reuter  -  30 words
    • Article
      Lock icon KL wants foreign aid in crash probe
      39 24 Bernama The Malaysian Cabinet wants foreign experts to be appointed to assist in investigation into last Monday's Nuri helicopter craah in Sarawak which killed 16 people. Defence Minister Tengku Ahmad Rithauddeen said.
      Bernama  -  39 words
    • Article
      Lock icon US$ 215m IMF aid for Manila
      40 24 AFP THE International Monetary Fund has approved the release of US$2l5 million for use in. a programme to buy back part of the Philippines' foreign debt, a presidential statement said in Manila yesterday. AFP
      AFP  -  40 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      60 24 Big fall expected In Soviet, East European surplus, PAQE 5 r^^KCEIxnHHi" 1 i IS THE NUMBER TO CALL WHEN J i YOU WANT TO RENT M I A CAR WORTH YOUR WHILE^?*"^ I O®AB CAR RENTALS PTE. LTD. 19 LENG KEE ROAD SINGAPORE 0315 FAX: *****80 TELEX: RS ***** JEEVESJ
      60 words
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      Page 24 Advertisements Column 2
      126 24 The silver report was not available at pi ess lime. PRIME FREEHOLD INVESTMENT IN THE CLAYMORE AREA SINGAPORE THE ui HILTON WcLAYMORE o Wa^vMOHfcHlLL 9 1 5 AMERICAN 5 > < WM club i PATERSON ROAD SCOTTS ROAD r~ DYNASTY SCOTTS HYATT MR GOODWOOD g z hotel shopping regency east
      126 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Union Naval wins US$ 27sm order
        71 25 Reuter SPAIN'S Union Naval de Levante SA said it has won a US$275 million contract to build two luxury cruise liners for Swedish/Finnish group Eff|ohn International. It said the two ships, each of 17,500 tonnes and designed for 800 passengers, would be delivered in
        Reuter  -  71 words
      • Article
        Lock icon British ship damaged near Antwerp
        62 25 Reuter THE BRITISH bulk carrier, Unique Pioneer, 117,805 dwt, sustained heavy weather damage last Wednesday en route from Antwerp, Belgium, to Nouadhibou, Mauritania, Lloyd's Shipping Intelligence service said on Wednesday. The owners of the vessel, which set sail from Antwerp on Dec 9, have decided
        Reuter  -  62 words
      • Article
        Lock icon Mauritius October sugar exports up
        82 25 Reuter MAURITIUS exported 56.327 tonnes of sugar in October compared to 49,394 tonnes last October, the Chamber of Agriculture said in its latest monthly bulletin. But exports from January to October 1989 totalled 502,801 tonnes compared to 555,922 tonnes exported in the same period last
        Reuter  -  82 words
      • Article
        Lock icon Sven Salen agrees with UV deal
        104 25 Fairplay SVEN SALEN AB, a company controlled by Sweden's Salen shipping family interests, has agreed to trade a large part of its shipping activity for a tranche of shares in another Stockholm company, Uddevalla Shipping (UV)- UV's board decided to accept this proposal to
        Fairplay  -  104 words
      • Article
        Lock icon DCC wins France Telecom job
        83 25 Lloyd's Ship Manager FRANCE TELECOM has awarded a major contract to DCC Ltd of Milton Keynes, an operating division of Hughes Network Systems. Under the contract, DCC will provide Access Control and Signalling Equipment (ACSE) designed to function in Immarsat's new Standard-C service for low
        Lloyd's Ship Manager  -  83 words
    • Article
      Lock icon World shipping hit briefly by double canal closure
      177 25 Reuter THE shipping industry was hit on Wednesday by the first simultaneous closure of the world's two major canals Panama and Suez. Shipping has now resumed in the Suez Canal, a key route for transporting oil from the Gulf, after tugs refloated
      Reuter  -  177 words
    • Article
      Lock icon EC trims subsidies for shipbuilders
      177 25 AFP THE European Community is to make a one-quarter reduction in national subsidies to shipbuilders. as they have narrowed a gap with their rivals in Japan and South Korea. The EC's Executive Commission on Wednesday said it would lower the maximum authorised subsidy per ship
      AFP  -  177 words
    • Article
      Lock icon CMB to buy over shipping activities of Merzario
      113 25 Reuter STE GENERALE de Belgiques shipping subsidiary CMB said it had agreed to buy the shipping activities of family-owned Italian holding Andrea Merzario SpA. These include Compagnia di Navigazione Merzario SpA. which owns two 21.000-tonne roll-on roll-off vessels, some 30.000 twenty-feet equivalent
      Reuter  -  113 words
    • Article
      Index to advertisers
      1139 25 too* Column ABC Contomoriino Fihoon 5 Accord Shpg T«r«»«o 1* Albotrot Soo-Air Nmo 5 Alfred C Tooplor S»(M« 5 Aluonkiol I,nor St*W< 1 AfC l>n« N.<* S Ml s** 1 W AIS S«»«oon Arrow bW B* 1 i Avon Eaprott ftg** A cWoronoutmg S A Hot lino
      1,139 words
    • Article
      FASC reaffirms opposition to FEFC's rate restructuring
      354 25  -  By JEAN FOONG The Federation of Asean Shippers' Council (FASC) has reaffirmed that it opposes the Far Eastern Freight Conference's (FEFC) new tariff structure which is coming into place on Jan 1. The issue was discussed at the FASC's annual meeting in Taiwan
      354 words
    • Article, Illustration
      ICT gaining recognition as international port of origin
      576 25  -  By YUSMAN NAWAZIR THE IPOH Carflo Terminal (ICT) is slowly, but surely gaining recognition as an international port of origin, despite its inland and "dry" feature. The signs augur well as several conferences and liners are set to issue bills of lading
      576 words
    • Article
      Malaysia launches Fiata bill of lading
      314 25  -  lyvu by Yusman Nawazir THE Malaysian freight forwarding trade took a major step yesterday with the launching of its first International Federation of Freight Forwarders' Associations (Fiata) rough bill of lading (BL). Schenker Malaysia director Daud Daros presented the first Fiata BL to electronics
      314 words
    • Article, Illustration
      Lock icon Bunker market report
      544 28 Source: Sembawang Maritime Ltd Danalty Water Carbon Ash Aluminium Sediment Raaldua KG/M*3 V/V M/M M/M PPM M/M Exxon III9UIUO ISO/Clmac limits Spec E2S 991 1.0 15.0 0.10 30* 0.10* Spec G35 991 1.0 18.0 0.15 30* 0.10* Northern Europe 180 Ave 962 0.2 12.0 0.04 10 0.02
      Source: Sembawang Maritime Ltd  -  544 words
    • Article
      Changing face of Sembawang Maritime
      776 28  -  By RAHITA ELIAS "SHIPREPAIRING and offshore contracting are not meant to be in place of but rather additions to salvage," stresses Mr Lai Park On. Sembawang Maritime Limited (SML) managing director, commenting on the group's diversification exercise. He adds that the group will be "maintaining
      776 words
    • Article
      SHIPS IN PORT
      1931 28 AT CONVENTIONAL WHARVES VmmI v«f No MkAnM OopHwn Kippd WharvM Anno I I ft* Of otongado 21.12/ 1700 •wvMta* II US okxvMfe 2212/ IKS Oxoxxoo 2 J3Wb KI7 okwgad* 21 12/ 1300 31 m K20 alo.pm. 21 12/ 239* bmoNx 3 42/8W 00 okMVMt* 2212/ 1300 lb"
      1,931 words
    • Article
      Lock icon Sea search under way, more storms expected to hit Spain
      174 28 Reuter SPANISH navy vessels searched for 19 seamen missing after storms swept the country and more bad weather, with winds up to 125 kph. was forecast. Two destroyers were making for the wreck of the trawler Velaaco II in the
      Reuter  -  174 words
    • Article
      London Freights
      1113 29 THE DRY cargo freight market remained quiet on Wednesday despite the closure of the Panama Canal. Freight futures rose initially on the closure, the first in the canal's 75-year history, but it was generally thought that the waterway would be quickly re-opened, brokers said. However, if the closure
      1,113 words
    • Article
      SHIPPING LIST where your ships are due...and when
      11730 34 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 Singapore.
      11,730 words
    • Article
      Who acts for whom ...
      2859 41 Who acts for whom A —B Accord Shpg Accord Shpg Pte Ltd (S)/Accord Contr Line (M) Sdn Bhd (PK)/Accord Contr Line (PG) Sdn Bhd (PN) ABC CenMnerllne NV KYC Line (S)/Renown Shpg (PK/PN). Ahrenklei Liner Kim Shpg A Trdg (S). Aldrat See-Air Service Frete Shpg Pte Ltd (S). AMred C
      2,859 words
    • Article, Illustration
      Lock icon US shippers remain calm over closure
      504 42 PANAMA CANAL AP US SHIPPERS remained calm on Wednesday in the face of the first closing of the Panama Canal in its 75-year history, though a prolonged closure could delay exports of South American fruit, raise some prices in the United States and force
      AP  -  504 words
    • Article
      Lock icon Wartsila, Lohja merger plan welcomed
      367 42 Reuter A PLANNED merger between Finland's Wartsila Oy and Oy Lohja Ab was welcomed by analysts and shares in both companies rose in Helsinki. Wartsila said earlier it would issue shares to Lohja to give it a 20.2 per cent stake and the two aimed
      Reuter  -  367 words
    • Article
      Lock icon S Africa to hike transport and harbour tariffs
      116 42 AFP SOUTH AFRICAN Transport Services (Sats) has announced hikes in road, rail, pipeline and harbour tariffs, from Jan 1, four months earlier than expected. Sats chief marketing director Koos Meyer, who announced the hike late on Tuesday, blamed inflation and higher costs.
      AFP  -  116 words
    • Article
      Lock icon Flow of Gulf oil expected to resume
      339 42 SUEZ CANAL Reuter THE FLOW of Gulf oil to the Wast through the Suez Canal was to resume yesterday after an accident blocked the waterway for 19 hours, officials in Cairo said on Wednesday. The north-bound Liberian-reg-istered 128,000-tonne Lauberhorn ran aground on Tuesday
      Reuter  -  339 words
    • Article
      Consortia
      156 42 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
    • Article
      Conferences
      173 42 THE MAJOR shipping conferences operating between the Far East and North America: Asia-North America Eastbound Rale Agreement (Far East (excluding Japan)/North America) American President Lines Sea-Land Neptune Orient Lines Maersk Line Nippon Yusen Kaisha Line Mitsui OSK Lines Nippon Liner system "K" Line Trans-Paclflc Westbound Rate Agreement (North America/Far
      173 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      30 25 How to look after AMilabk wttkty at major SIP Distributors bookshops and news-sttnds For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      30 words
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      Page 25 Advertisements Column 2
      17 25 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 25 Advertisements Column 3
      3 25 See Page Eighteen
      3 words
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      Page 25 Advertisements Column 4
      242 25 MjjOLjLijß A lively HIPIMV way with wrn wo b i«Mto af e§ 1 good bookshop* INSIDE SML diversifies to compete "SHIPREPAIRING and > offshore contracting are not meant to be in place of but rather additions to salvage." said Mr Lai Park On. Sembawang Maritime Limited (SML) managing director. 1*
      242 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      382 26 W«i lIS A bBSMBbM l av M j; 8 VXfIK 8 i i 111 T J {IIJ 1 I I i p*vTMg 1; I -l*»Zzi>*-» alf: V■* y V'x a NOSTRA Established in 1986 has expanded dynamically and ■^^H m V J > young"^^^^ 5 th^a^ m w^ 6 modem
      382 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      915 27 *si naste^i' I ifHs iii^ji^ l6^ m Mgm t *B| MHHpNHBMMHHHBMBNBB W > v v y^y PENANG TERUNA MARINE poktklang EAST WIND (FAR EAST) SDN. BHD. MARITIME AGENCIES SZSSSkersPTELIT, «jf/ V^ ©(Shipping, Forwarding Insurance Agents) A f roo7no.e. 3rd F,oo, li rrr"^ or? rf> sin seet trading co. s Tan
      915 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      105 28 NOTICE (SB 1 f IMPORTANT NOTICE I I TO: THE SHIPPING COMMUNITY OF SINGAPORE I I We would like to inform all members of the Shipping I Community in Singapore that with immediate effect the I following surveying organisations:- I I 1. PANAMA BUREAU OF SHIPPING I I 2. HORIZON
      105 words
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      Page 28 Advertisements Column 2
      78 28 Contact telephone numbers (Tan|owQ Psgaf Termlml) Sac Non 1 SacHon 2 SmNon 3 CI *****30/*****"92 C« *****34 CI 321 ISO CIN *****30 CS »ll 143/*****46 C 9 *****84 CIS 3211*2 CSN *****43 CM— *****70 a —*****51/*****53 CSS —*****45 CI3 *****5V*****43 C2N *****53 G4 *****39/*****41 CI2N *****42 C2S *****51 CAN *****39
      78 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1183 29 %lVlf# 200 Cantonment Road #12-06 Southporot. Singapwe 0208 All If/ fei *****11 TELEX NO RS ***** If BXnkH TERMINALS Tel *****18 220 r PQQQO *1 BOOKINGS T«i *****34 235 Vxy# A PCSAKA JAROINE SHIPPING ACENCIES SON BHO^ PORT KELANG TEL: *****18 Me, *±*^J***2L MMM PENANG TEL *****4 TELEX NO MA*****
      1,183 words
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      Page 29 Advertisements Column 2
      441 29 Hk' Jftaena6 eudtorttert&Jff mm a*td foiertcU jHr jS MAERSK VOY WO. i'WM P KEUWC SOUTHAMPTON HA-URC BtOMHAVW ■OTTOWW U NMWi LONDON EXPRESS 09/517 27.12 2112 14.1 {J* ®7 2L2 nJ CITY Of EDINBURGH 17/526 2112 j If! 25.1 2*- 1 OMENTAL MY 0/SO2 11 «-l 22.1 211 M KASUOA I
      441 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      989 30 Wishing All Our CCients, 'Business Associates friends a Very Merry Christmas a OJapvy 9few year. m wKj) Singapor* *****00 Bookings *****00 CFS *****40 JB 07-*****2 (C/r No **********0W) K Lumpur *****2S P. Koiang *****10 o CFS *****50 Ponang *****7, *****2 trans pacific service WEEKLY FULL CONTAINER SERVICE TO WA SIN
      989 words
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      Page 30 Advertisements Column 2
      644 30 I SOUTH PACIFIC SERVICE I SIN LAE SUV PPT I ISLA FLOREANA' 26/1 11/2 18/2 24/2 I I DIRECT CHILE SERVICE I I SIN ANF IQQ VAP I ISLA FLOREANA' 26/1 7/3 9/3 12/3 I Aownto: I I Singapore *****00 Booking*: *****08 I Joliore: 07-*****2 M NORTHBOUND TO UKC S'PORE
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      Page 30 Advertisements Column 3
      1203 30 El awtawa un REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL Fa HAM BRE ROT ANT LHA Sub W NORASIA SINGA 8939-3 23/12 27/12 IS/01 13/01 15/0? 17/U 11/01 19/ of 20/01 2123/01 NORASIA AL-MUNTA2AH 8940-3 30/12 03/01 16/01 21/01 23/01 25»1 27«1 29»1
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      Page 31 Advertisements Column 1
      1443 31 Jilll A 111VJ A liTlUkJy i liuaj) UVVVUIUVi A (WO Steamers Maritime Holdings Ltd P&O \B f STRAITS SHIPPING Containers M gJBS.T'** rpw* p.Kia* rtn irtoi rkm*r«M u* LONDON EXPRESS 27/12 2W IMI IMI 2M 21M 23/U ACCEPTS CARGO DUE SAILS CITY Of EDINBURGH *U 22*1 l«U 11*1 I*l 21*1
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      Page 31 Advertisements Column 2
      1417 31 TO: EUROPE TO: FAR EAST V LH ROM NAM ME FIX SPORE NK KAO tU CMOYANC CHANCE MM 21/12 Mfßl UjM 12/ M 14* 1«H NANJIN HASAN «1E Zifll l|U W fl|U QUEENSHAY RRIDCE «UW 31/12 17fl I*l W 21/1 22/1 CMOYANC PARK MH 01/1 4/1 Sfl 11/1 NANJIN LENAVM
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      Page 31 Advertisements Column 3
      335 31 STMITS/ JAPAN/ STRAITS SOVKE SPECIALIST IN RO-RO& HEAVY LIFTS VESSEL COSMIC SOU COSMIC TRADER MATSUYAMA PIONEER VOY. NO. 5 II 3 Sport 29/12 P. Kelang 4/1 10/1 Panang Hong Kong Yokohama Nagoya 21/1 2S/1 5/2 Osaka 19/1 25/1 Sanboku 2/2 Moji Funabathi •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE
      335 words
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      Page 32 Advertisements Column 1
      728 32 fiiigii "AMIAW 111 VICT I Singaport Loading for:- I IRAN IMAM f ***** B DCC UMM ABBAS B T*YO«»A\ i .Aill i fmk i v** iiikiAteUiyd OUAM/f*"**' nrnwrr Wlvim (B/BULK CONTAINER) ETA SPORE GUAM SAIPAN SPARKLE' V 4 2J-30 DEC 10-11 JAN 12 JAN SPARKLE' VS 24-25 JAN C-7 FEB
      728 words
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      Page 32 Advertisements Column 2
      777 32 (p) HANJIN SHIPPING FULL CONTAINER SERVICE I S port I loHavr* R tai H buf| B lu<«i Fstow* fcedcr «i SIN LIMI NAM LA* OAK CHOYANC CHANCE MM) 23/17 10/1 11/1 12/1 14/1 IS/1 A J? N «UII ?«U H KUNSAN MK N/1 H/t QUEEN S DAY BRIDGE 01JW 30(12
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      Page 32 Advertisements Column 3
      1502 32 k -J T -J 1 PKL SCP HKC KSC KLC PUS HKT OSK TTO BAL LHV ANN MB FIX JJ® fg£ I EVEB GUARO taPI 2*12 M/ 12 M/ 12 *1 VI *1 *1 VJ W W W £S.B EVER CIAUT -27/ujvu wwwww wiwagjw«g«g IVU GENTRY 2/1 VI 14/1 *1
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      Page 33 Advertisements Column 1
      1277 33 JgggDff PACIFIC INTERNATIONAL LINES (PTE) LTD -yiy gg Jf Bv pil Building, 140 Cecil Street #0300, Singapore 0106, Tel: *****33 VESSEL VOY SIN JKT SBV VOY HKQ VOK NQO KM MM ME KAO HKQ ""Vtu.T 4MB 3/01 VOl 5/01 SONS 10/01 23/01 24/01 20/01 20/01 1/02 3/02 5/02 OOWA MSB
      1,277 words
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      Page 33 Advertisements Column 2
      557 33 EXPRESS CONTAINER SERVICE TO UK/CONTINENT TFOM f WJUK STOW MM IHAtt* *DAJI MAVRt \jm*m Ivrmt VIV am an I*l W 2*l 2*l city i win a/12 aa an an I*l an OrtOTtH toy WW 2*l wi 2*l 25 KaMp i *1 an 2*l 2*l an an ■mi un un an
      557 words
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      Page 33 Advertisements Column 3
      324 33 A Joint Eurap* BwvM Ok p.t. Mnnt tun p.t. mm um P.T. MMNBM MMRBM P.T. TMMM U»tt VSL/VOY SPOKE ROM* H'BURG/ MEBEN ANTWERP ADAM S_ PAN J ANC/2<Tl a-2M 17/2 2M 2*2 21/2 SRIWIJATA/WTR M/ 2 2/3 7/3 I*3 14/3 FAST TRANSIT TIME ACCEPT»W BREAKBULK/CONTAMERISED CARGO WE WISH ALL OUR
      324 words
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      Page 33 Advertisements Column 4
      426 33 W MYANMA üß*. five star une 1 (Burmese National Lint) Loading for Yangon (Rangoon) Spore P.Kelang Penang Bangkok PINYA VIOSW 23/21 DEC AVA V/ 100 11/20 KC PAGAN VIWW 20/24 DEC MERGUI VMM 24/30 KC va% THE BANK UNE I EXPRESS TO PAPUA NEW GUINEA I MORAYBANK VISS 24/12* (CALLING
      426 words
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      Page 34 Advertisements Column 1
      290 34 m A fl| MAC-NELS AGENCIES PTE LTD., SINGAPORE TEL: *****02(1MP) *****22(EXP) PENANG TEL: (04) *****6 KK TEL: (088) *****0 hl\~/\"I PORTKELAN G TEL: (********** KUCHING TEL: 082)*****3 CJ\y \-=IJ J. BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 I freja lines, Denmark EAST MALAYSIA MONTHLY USA/EUROPE LINE Delivery To: PEN
      290 words
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      Page 34 Advertisements Column 2
      147 34 FCL7LCL Acceptance Weekly consol at our CFS to s*— ftrEjfc v Dtonglwlt, Hongkong, Keelung, KaoeNuna Mania, Tokyo, Ygfcotam* Kotoe Warehousing A Transportation (1988) Pta Lid Direct Tel: 861-5060, 861-5324 Reception: 861-1911 Tlx: RS ***** Fax: 861-2168/861-3197 WE HAVE CONSOLS TO USA PORTS/INLAND POINTS ON EVERY MONDAY AND THURSDAY ALSO ACCEPT
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      Page 34 Advertisements Column 3
      154 34 UTttW MUTIAHA SAMIDBA A6UM6 KUALA SIAK IV 27/12 BATAM (BATU AMPAR/SEKUPANG) KUALA SIAK II 23/12 PEKAN BARU/PERAWANG SAMUOERA 102 22/12 DUMAI/PERAWANG CIJARUK 24/12 SAMARIN DA/B ALIKP APAN 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM 8 SUMATRA PORTS Also accepting cargo for ports in Jawa 8 Kalimatan.
      154 words
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      Page 34 Advertisements Column 4
      107 34 BANGKOK 1 VESSEL/VOY SIN BKK Jaru Bhum 53H 26-27/12 29-30/12 Ratana Bhum 30N 24-25/12 28-29/12 Slri Bhum 429N 24-25/12 27-28/12 Piya Bhum 206N 29-30/12 1-2/1 CEBU/MANILA VESSEL/VOY SIN CEBU MANILA Aka Bhum 51E 29/12 4/1 6/1 S.D. Asia 954E 5/1 11/1 13/1 ACCEPT**) FCL COWT/MWEIW AMD CONVENTIONAL CAWQO SOUTHBOUND VESSEL
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      Page 35 Advertisements Column 1
      820 35 Inter Con makm imi in i i.rn BE^ 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
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      Page 35 Advertisements Column 2
      596 35 Ji Nedßoyd fast transit to a wide mm Nedlloyd Lines range of Caribbean ports EXPORT I NEW ZEALAND/FIJI VESSEL Tjit P~K« *P«n *Bkk S<n Sbaya Auckland FijKA) N Plymouth<A) Timaru lytt«lton<B) Dur*din(B) Napter «Wlinfton(C) Tauranga N tosono/8922 27/12 2»/l2 27/12 27/12 28/12 2/1 15/1 23/1 22/1 18/1 N touen/8920 2/1
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      Page 35 Advertisements Column 3
      170 35 IMPORT NEW ZEALAND VESSEL Eta S port Pk| N «OMf.O/8922N 28/12 29/12 N *ocW«r/8924N 11/ l 12/1 N 8920N 4/1 6/1 AUSTRALIA VESSEL EU S pore Pk« Ptn A Asia/***** 25/12 38/12 A Ad«lo*J«/***** 27/12 29/12 K S/l «/l A Awstralio/3634 10/1 '2/1 A fr«*on»to/***** 10/1 12/1 A. Melbourne <*****
      170 words
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      Page 36 Advertisements Column 1
      1080 36 BBSBBI VOY •INOO *PK/PNG [sGP LB CHLS NFK NYC HFX rviis NEPTUNE JAOE 22 25/ li K/12 2»/li 20fl 3*l Vj W W «U OOCL FORTUNE II IA 2/1 4A 27A g g Mg JJg AMBASSADOR BRIDGE 81,1 '"'iSSSSS NEPTUNE GARNET 24 15/1 MA IMA l|f2 *fl 22/2 24/2 28/2
      1,080 words
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      Page 36 Advertisements Column 2
      643 36 a (3 if AUSTRALIA EXPRESS CONTAINER SERVICE FCUFCt Cowtlwy Tiwpnri P.IUIMf PtMH| iMtfwi tar Moth* M By fm4m By fmtm IDAS V 45 JO Ok 24 Ok 24 Ok Fraa/Mt/SyiA/AM OAS ¥4/ 31 Jan 25 tan 25 tan FrM/IM*3y*A/A*l IDAS 21 F«b 15 F«k 15 F* Fiwi/Ma/Il>taH»<* DAS V a
      643 words
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      Page 36 Advertisements Column 3
      574 36 /\S?Ni GOLDEN LINE I %>&£✓% GUAN GUAN SHIPPING (PTE) LTD I W tTt/T .r-J 23. T«M> Af«r St'Ml I SINGAPORE 01M Til 534JM (M LIN(S) Fji JJ4»te STRAITS/PERSIAN GULF SERVICE: S por. t. *<*** P«an| I GOLDEN HAVEN 22)24 OK GOLDEN KAI CotontxvMradM/Outai M tea CHINA SERVICE DAI VIM MAN
      574 words
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      Page 36 Advertisements Column 4
      667 36 I VESSEL I ETA SINCAPONE [DESTINATION TBN 27/12,1/1 DUBAI. OAMMN, KUWAIT, ffifcSß'JßF 1 I SSK&aSS" 1 I 7 sr* ssas^k^ I BUSAN. JAKARTA <■ 22/12. 21/12 COLOMBO. KARACHI. BOMAY, a 3*02 HAMAS, CALCUTTA TBN Vju CHITTACONG I I EAST/WEST MMCA Ml Ftt > Ift —I I ■ItSS fa/U MOMBASA, DARESSALAM
      667 words
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      Page 37 Advertisements Column 1
      623 37 JH» /'^<M> &JK J& MEPPY A' MA6 ff*" A VEPY HAPPY NEW J YEAR TO ALL |&rf .1® -jffim- OUP EPIEND&, CUcsTOMEPS A% SU6INES6 m A6SOCIATE&! «isr .C^OG^O. EIHEUNG-A shipping Bjj&M Korean Flag Vessels Visul'i Nam* ETD BS S PORE PKLG KEE BUSAN MO JI NO 7 DONAM/917N 07 A
      623 words
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      Page 37 Advertisements Column 2
      1049 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****1/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** WMHB p KELAMG kssrswu tnomsmppmc wrwwgstmt. fw* nuurw a/s hanoling system co son mo 96-A, Jin MraKi
      1,049 words
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      Page 38 Advertisements Column 1
      774 38 DSR LINES I VEB DEUTRACHT/SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT ROM HBC RST H. CECIELSKI SW M/1J 13/01 22/01 22/01 23/01 29/01 E. THAELMANN g/» 06/01 20/01 30/01 30/01 01/02 02/02 W. ULBRICHT 1/90 4/02 11/02 21/02
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      Page 38 Advertisements Column 2
      1066 38 wc cowvnmowAL mi vicm Vmml P. KLC PNC PC Lojdirn tor JIANOCHUAN 2*12 Rolttrdjm/ABtiwrp cnNArMxcowTAwn am VICT Vmml Pklg Pi* Sport Bkk Hk( S'M Qinefeo YANC FANC KOU VIW 3*12 2*ll *01 11/ M 1W SHANC CHEN Vllt 21/01 23/01 27/ M 03 U.' 1702 Acc«ptinj FCL Cargo tor *11
      1,066 words
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      Page 38 Advertisements Column 3
      257 38 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU VSL ETA ETD LOADING FOR DELI INDAH 25.12.89 26.12.89 PANJANG/PK. BALAM NAGA JAYA 25.12.89 26.12.89 PANJANG LAMPUNG JAYA 26.12.89 27.12.89 SEMARANG/PANJANG PINANG JAYA 27.12.89 28.12.89 PANJANG/PK. BALAM PERITA JAYA 28.12.89 29.12.89 PANJANG/JAKARTA ABADI JAYA 30.12.89 31.12.89 PANJANG PERITA INTAN
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      Page 38 Advertisements Column 4
      404 38 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES AFGHANISTAN f! air to J]' Tour|hundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka IRAN Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 25/12, 27/12, 04/01, 19/01 EUROPE "J :To all inland points: VIA VOSTOCHNY Poland, Bulgaria, Czech,
      404 words
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      Page 38 Advertisements Column 5
      393 38 B agl IH FT 22/12 mm 0(12 B taw sx 23/12 t- a/u B OW Sun 21/12 Wtd 27/12 Biuiii m Sun 21/12 nwr MP Bi S3* w* 27/12 s* am B an Pri aqj l/i B 43QN S»1 3»12 Tut 2/1 BiuM 31N Sun 31/12 Tliur yi B 137N
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      Page 39 Advertisements Column 1
      887 39 !«n VOY SINGAPORE KHF/DUBAI KARACHI I NKASRIMANI 73W 26/12 08/j Jjjj I NKA SIRI 132W 26/12 10 JJg I iNKA RUWAN 2W 10/1 gg Olg I iNKA SIRI 133W 10/1 22/1 01/2 LSO ACCEPTING CARGO (FCL/LCL) FOR:- I COCHIN; MANGALORE; BOMBAY I SSSSST OAMMAM; KUWAIT; MUSCAT I RED SEA PORTS
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      Page 39 Advertisements Column 2
      255 39 ACCEPTING FCL AND CONVENTIONAL PCMKO CTA LOAOMQ FOR ASSAY WONZ 2W12 OAfIESSALAAM MOMBASA DJIBOUTI VOY 22W8 ASSAS MASBAMA. HOOC ID AM ANOtNCT IS/1 DARESSALAAM. MOMBASA. DJIBOUTI VOY ISWB ASSAB. MASSAWA. HOOCIOAM ABYOT 1M OAMESBALAAM. MOMBASA. DJIBOUTI VOY 20WB ASSAS. MASBAWA. HOOCIOAM H WEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE
      255 words
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      Page 39 Advertisements Column 3
      759 39 E!J!!^RT^sssis^^ IP& PULAU LAUT I I FULLY CONTAINERISED REGIONAL FEEDER SERVICE I I TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE PORTS OF S PORE. INDONESIA, I ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG I AND, BKK. FOR BOOKINGS CALL SPECARGO I I FORWARDING AT TEL: 222Q255 I MOOHBHA I
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      Page 39 Advertisements Column 4
      345 39 Inula wt sin mm cal cm m~~| SUPANYA 31W SLD 2/li TIGER RIVER 81CNB IN PT 27/12 I. YAMBURENKO *****9 IN PT 28/12 SUSAK 92N 24/12 31/12 VERMILLION BAY W 27/12 10/1 PAITHOON 31W 27/12 10/1 ILOVIK 91N 29/12 5/1 LEUVE 9116 4/1 9/1 13/1 TIGER RIVER 82CNB 5/1 11/1
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      Page 39 Advertisements Column 5
      206 39 TO AUSTRALIA/NEW ZEALAND VB. *i«POW»| fr—Bij ■i>»wi *l+m~ A»M—•tussa m v\ ~w Mfl c verouk m iin ~nh ~vH w v W MrnKRKN M ~Bfl w W uff W TNT EXPRESS M 2 "iff S3 "»W W °P 1* DATS TO SYDNEY! TO USA/CANADA wI lTimmn In. Ort—iw|Cl»«rt»«t»i> iMliiiljlii NaMu
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      Page 40 Advertisements Column 1
      721 40 f A IKSI DEVAPORES I f "PERUVIAN STATE LINE" 1 V ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM f S CALLAO, MATARANI, ILO* A OTHER PERUVIAN PORTS* 2| 2 WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. R Penang* P. Kelang Singapore 5 MURRAYEVERETT 1/3 Jan 4/5 Jan M KAMALEVERETT 21/23
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      Page 40 Advertisements Column 2
      570 40 FULL CONTAINER SERVICE acceptlnf FCL/LCL cargo** to USA Em( i «eet Coert, Carrttfceew.laet Canada. HAITI, uianmala and Honduras VSL [SPORE fcIAINLINER [LAX INST |SAV |WTC [HfX ZIM YOKOHAMA B/12 It* TOKYO 12/1 31/1 1/2 5/2 7/2 ZIM KOPER 27/12 ZIM TOKYO 22/1 31/1 1/2 5/2 7/2 zinslncapoke m z!5 California
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      Page 40 Advertisements Column 3
      699 40 SING KWANG HANG I MWPPIO A TRAMSPOftTATIOM (PTE) LTD WEEKLY LCL/FCL SERVICE [vessel Is pore Lakarta |slirabaya HERMES ACE 26/12 30/12 IJENHOL PO/12 I— |02/01 [Vessel Is pore Bangkok "I A VESSEL 30/12 2/1 IA VESSEL 6/01 9/1 DESTINATIONS ETA SINGAPORE PORT KELANG 29 DEC MANILA 29 DEC HONG KONG.
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      Page 40 Advertisements Column 4
      448 40 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRASETIA 52-S3A 23/12 24/12 26/12 26/12 54-55 A 30/12 31/12 2/1 3/1 56-57 A 6/1 7/1 9/1 10/1 SURABAYA TANTO UTAMA 48 49 In Port In Port
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      Page 40 Advertisements Column 5
      447 40 SIN FM FAIT 24/12 KEELUNG/KAOHSIUNG 30/12 BANGKOK 9/1 MANILA 30/12 JAKARTA 29/12 PORT KELANG/PENANG 25/12 BUSAN 26/12 TOKYO/YOKO/KOBE 25/12 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EHPE/H .30/12 LDN/FLX/LVP/SOU 30/12 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgana/Czech. SIN HIA/CAHAIA 28/12 L.A./NYC/SFO 25/12 VANCOUVER/TORONTO/MONTREAL SIN AiSTEMJA/NEW ZEAUMM 26/12
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      Page 41 Advertisements Column 1
      60 41 S.E.A. CARRIERS (DARWIN) PTY LTD Conventional/container service for DARWIN Skvbird eta Sin 28/12 eta Darwin 4/1 (M. Hed/ To«nwvill«/Pt Elmj/Lie Sub) to Ind.) Agent Bakk« Slm« Darby Shpg. T«l: *****68/*****26 W EAST/WETMM SHMCES Vessel Eta S'pwe Loading For MV. PIONEER OF OKHI 30/12 Madras/Calcutta QEN. AGENT: GOLDEN ANCHOR BMPPO AOENCEB
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      Page 41 Advertisements Column 2
      155 41 C— ..ll* UU THE NATIONAL StUrftNO COMPANY OF SAUOI ARABIA REGULAR WO-WO SERVICE TO MIDDLE EAST VESSEL SINGAPORE P KELANC DAMMAM DUBA. JEPOAH SAUDi HOfUF VOY W1 Mi** SLJ*!! SAUDI RIYADH VOY 001 11 FEB M_FE| £111 SAUDI DtRIVAH VOV 0M PW 0> MAR L Accepting Broafcbulfc. Ro/Wo. Containers and
      155 words
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      Page 41 Advertisements Column 3
      854 41 ---.j "i£f ':•<&" 1 LCL/FCL SERVICE TO/FROM j QfJfi PENANG KL: allied-LINK SINGAPORE: /tT^N m&pr 04-*****2 09-*****55 778 6522(22 linesi WpS V Marine Ong Simmi No/ChrtaMna CMm Alice VmMmt V« > mm m. mm net I ALS ENOEAVOUR VOY34W 02/01 IVOI 15/01 OMIT I ARABELLA VOY3SW 05/01 IWOI 24/01 OMIT
      854 words
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      Page 42 Advertisements Column 1
      952 42 |^^MjK®SjM^2l^Z!^23^^3^^o^^P^^P^^P^^B EXPORT TO: UK/CONTINENT (TRIO) LONDON EXPRESS Z$T So 2* m)T Sm* 1 {W »1 jjjjjj* j*, SkKkltolm M ,i wtor* t m ss as l£=sr WW kasuca i 1 4fl [ad w w w MEDITERRANEAN (MED CLUB)* JEDDAH Smmporel P. KtUnf B'mJobj VutltaGanoa Tri«t» u) Jlfl2 ■ONT HANC HAHU
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  • Page 42 Miscellaneous
    • Miscellaneous
      Page 42 Miscellaneous Column 1
      146 42 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON DEC 22,1989. LEGEND P Temperature c 2 Thund rstorm Weather Wind direction with speed in knots Shower C j Rain Wave height Cloudy Sky Surface winds are indicoted by arrows which fly with the wind One tu4l circle represents calm or
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