The Business Times, 28 December 1989

Microfilm: NL16878
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 170/12/89 THURSDAY, DECEMBER 28, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL MARKETS SUMMARY
    239 1 Dow up WALL STREET stock prices rose early yesterday, helped by a recent softer trend in interest rates and prospects for further declines. The Dow Jones industrial average was up about two points to 2711. Reuter Footsie up LONDON share prices were sharply higher at mid-day yesterday,
    239 words
  • Article
    US$ steadier but sentiment remains bearish
    161 1 AFTER PLUNGING to a historic low of 551.8930 against the Singapore dollar on Tuesday, the American currency yesterday steadied against the local unit. But the US dollar s sentiment continues to be bearish, owing to general expectations of lower American interest rates. Trading on
    161 words
  • Article, Illustration
    Regional markets generally firmer
    152 1 REGIONAL STOCKMARKETS closed higher yesterday except for Singapore, where share prices fell on profit-taking. The Straits Times Industrials Index closed 4.36 points lower at 1,483.40 after falling 12.07 at midday. Losers led gainers by 164 to 73 while turnover dropped to 98.3 million shares from 128.9
    152 words
  • Article
    3-year permit holders gaining recognition as potential PRs
    429 1  -  By ANNA TEO VOCATIONALLY-SKILLED or academically-qualified foreigners with three-year work permits are now eligible for Skills Development Fund training grants, a development whose significance lies more in the growing recognition of such people as potential permanent residents. "We would like them to
    429 words
  • Article
    Lock icon Tokyo output to be 20pc of world's by year 2000
    194 1 AFP JAPAN's Gross National Product will account for nearly one-fifth of the world's total output by the year 2000, according to a forecast by the Mitsui Research Institute. Japan's projected 19 per cent share of world GNP compares with its
    AFP  -  194 words
  • Article
    SES to launch new set of indices following de-listing of KL shares
    294 1 THE Stock Exchange of Singapore is introducing a new set of indices on Jan 2 to replace the existing series when Malaysianincorporated companies are delisted from the local exchange. The current SES All-Share Index will be substituted by
    294 words
  • Article
    Lock icon Japan's surpluses to drop further
    114 1 Reuter JAPAN'S current account and trade surpluses are expected to keep falling in the coming months. A finance ministry official said yesterday exports were likely to remain weak while imports will stay robust. The November current account surplus fell 37.3 per cent from a year
    Reuter  -  114 words
  • Article
    Real estate project draws attention to new Thai town Ban Chang
    544 1 A 1 6-BILLION-BAHT real estate project is drawing attention to Ban Chang new town, in the east of Thailand, as an alternative centre to Bangkok for trade and investment. The Bangkok Post reported on Tuesday that the deal, signed
    544 words
  • Article
    New committee to map out S'pore's economic strategies
    509 1  -  PLAN TO BE COMPLETED IN 2-3 YEARS *r ANNA TEO AN ECONOMIC Planning Committee (EPC) headed by the Minister of State for Trade and Industry Mah Bow Tan and comprising senior civil servants and private sector representatives, has been formed to map
    509 words
  • Article, Illustration
    Dr Hu to make private visit to Batam
    337 1  -  By WALTON MORAIS AGAINST the backdrop of a step up in top level government contacts over Batam, Finance Minister Or Richard Hu will make a private visit to the Indonesian island on Saturday. No details on the trip are available but it
    337 words
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      85 1 rßurberrysl I < J < Reigns when it pours c Full report, PAGE 16 Regional mkts, PAGE 18 World mkts, PAGE 19 The best of Hunan and Sichuan awaits you today at the Cherry Garden. f JHL mfwUrx" HymPf I If IKs&f JO* :/i Let Chef Huang introduce you to
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      244 1 More forex fireworks in store next year See PAGE 8 r-V V r V r r M-vr w COMPANY SERVICES f|4 v TMS r NEWS 12 Aircraft Schedule 6 I 111 k I I k I I<* J 1 Better interim results Asian Market 14 w«l for OAF Commodities 15
      244 words
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      18 1 Deadline set for Ceausescu gunmen to surrender, Call for executed dictator's assets to be frozen See BACK PAGE
      18 words
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      108 1 BALLY Sote Agent S. G. Parrett Son (Pl*) Ltd.. Singapore I Wk m TOP-OF-THE- 1 B WORLD m Join us at the top. Enjoy the best Beijing uisines specially prepared by our master hef. All yours to savour, amidst the grand anorama of the city and southern islands, the cosy
      108 words
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  • HOME NEWS
    • Article
      1989 expected to record 4.8 m tourists
      352 2  -  HOTEL OCCUPANCY, TARIFFS ALSO UP By JOHN TAN THIS IS ONE MISTAKE which the Singapore Tourist Promotion Board would gladly make its conservative projection on the number of tourists expected to visit Singapore this year. With yesterday s release of figures for October,
      352 words
    • Article
      STPB changes way of keeping tabs on travel habits
      523 2 SINGAPOREANS" travel habits are now being tracked by the Singapore Tourist Promotion Board (STPB) by way of statistics gathered by foreign national tourist organisations. The STPB used to report on the travel pattern of Singaporeans using data gathered in the disembarkation
      523 words
    • Article, Illustration
      Lock icon Blue-collar, clerical workers likely to get lower pay rises
      507 2  -  By JAYARAM MENON WAGE INCREASES for blue-col-lar and clerical workers are expected to fall next year to 7.9 per cent, according to the latest survey by the Hay Management Consultants. Blue-collar and clerical workers saw their total pay packets grow by
      Source: Hay Management Consultants  -  507 words
    • Article
      Limit for money order remittance to Peninsular M'sia raised to M$ 1,000
      126 2 FROM next year, it will be possible to remit up to Msl,ooo to Peninsular Malaysia via ordinary or telegraphic money orders. At present, the amount allowed is Ms4oo. This is a result of a bilateral agreement between Malaysia
      126 words
    • Article
      More funds for training projects
      165 2 TRAINING institutes will soon have more funds to finance projects undertaken by their full-time and part-time trainees. They will be able to get the money from a grant of $100,000 allocated by the Singapore Totalisator Board (STB) to the Vocational and Industrial Training Board to
      165 words
    • Article, Illustration
      Furniture makers prepare for a slower growth
      457 3  -  DEMAND FROM UNITED STATES SLACKENING By JOHN TAN AFTER a banner year with exports worth about $400 million, local furniture makers are already bracing themselves for a slower year in 1990. Signs of sluggish demand have surfaced in the US their single largest
      457 words
    • Article
      Trade with Sweden expected to go up by half
      295 3  -  By MARTIN SOONG BILATERAL TRADE between Singapore and Sweden is expected to increase by half this year to $880 million, according to preliminary Stockholm estimates, said Swedish Ambassador to Singapore Finn Bergstrand. Mr Bergstrand told BT yesterday that total trade between
      295 words
    • Article
      Shell, Caltex raise diesel prices
      63 3 TWO MORE oil majors. Shell and Caltex. yesterday raised their diesel prices to match Mobil's new price. Market leader Shell's Formula Shell Diesel now costs 50.2 cents per litre. 2.5 cents more. Caltex also raised its price by the same margin. Now. only BP. Esso
      63 words
    • Article
      Corrections and clarifications
      43 3 IN THE What's In" list of CLOB International stocks published on Dec 23. Cycle and Carriage Bintang should replace CCM. CCM. or Chemical Co of Malaysia Bhd, will not be traded under CLOB International We are sorry for the error.
      43 words
    • Article
      MEMO PAD
      593 3 Camln.ni .nH 7 W U Cah 6re Jf *****13 Seminars and f Vf'f Tbc rs***** Courses I 6ron> Fax *****86 > Jon 4 *90 Talk to Win Six Steps SIM Management Hte Singapore Institute *****66 to o successful vocal Management image Jon 5 '90 Selling Competitively Hotel Equatorial
      593 words
    • Article, Illustration
      Towering support from Hong Leong and Fuji
      184 3 GOOD corporate citizens, the Hong Leong Group and Fuji are sponsoring the debut of the Celebration Tower, and a nine-month-long series of concerts leading up to Singapore's 25th anniversary, to the tune of some $750,000. At a press conference yesterday, James Fu. chairman
      184 words
    • Article
      More higher-educated mothers giving birth
      527 3  -  By ANNA TEO THE expected drop in the number of babies born in the Snake Year has occurred mainly among Chinese, and lower-educated mothers, going by birth figures for the first 10 months of 1969. Although the total number of new-borns from January to October
      527 words
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      122 2 Hongkongßank Does More Than Look After Mr Tan's Money. -£ji' BPHmA 'IP I rr— r 'jS&fU -frJt.lt-**- .'mlK?«!>-. gin i jiji Ku if I* When Mr Tan visits Hongkongßank, he's way of meeting them effectively. "We look at a customer's special require- known by his name. Not his account number.
      122 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      167 2 Global tamparaturaa and waathar foracaat IMffli 11 for Dac 28 —W»l— CHy iTlo N<>t OUTLOOK: CUMiy—> ■•port for 24 hours prior Abordoon 04/-1 Cloudy 27 Aimtofdom 06/04 Cloudy Alhons 16/10 Shower* Auckland 24/16 Windy jm Bangkok 32/24 Fair Amc humidity 16 tolling -3/-7 Sunny Hrt (I mmMm 6J6 MfaA 06/01
      167 words
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      46 3 -j '7 Jf ~JS||f V >lF .gjgMfrl,/ I®f W" r w t jESfrHLJß^K^M^^^^^^^^^HLjij^^': ijjfefS I 1111 F.T. BANK UPPO INDONESIA Hi w I Li l ippo Life Buikbog, Jalan H.R. Rasona Said, KAV. B. 10-11, Jakarta U9lO. (Mg4 LJJUyg Td No: *****36, TU: *****, fax; *****22
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  • FOREIGN NEWS
    • Article
      Lock icon Vietnam spurns E Europe-style reform
      178 4 Reuter VIETNAM, staunchly resisting Eastern European-style reforms which could threaten communist party rule, adopted a law yesterday reasserting strict control of the press. Hanoi radio, monitored in Bangkok. said the national assembly unanimously decided "it is not necessary to let the private sector operate newspapers,
      Reuter  -  178 words
    • Article
      Lock icon Communist fall sharpens fears in Asia of a dominant Japan
      720 4 IHT FEARS of declining Western interest in Asia have been sharpened by the collapse of most of the communist regimes in Europe, prompting concern that Japan, as it fills the gap, will become even more dominant in the region. Asian
      IHT  -  720 words
    • Article, Illustration
      Lock icon Romania will start with clean slate for foreign aid
      664 4 AFP ROMANIA is in dire financial strait* as a result of the economic policy of executed dictator Nicolae Ceausescu, but his obsession with repaying foreign debt could now help it to obtain new Western aid. Ceausescu decided in 1982 to speed
      AFP  -  664 words
    • Article
      Lock icon Japan to donate US$l million
      200 4 AP THE JAPANESE GOVERNMENT decided yesterday it would send US$l million in emergency assistance to Romania in the wake of the recent unrest there. The aid will be provided from the "humanitarian standpoint in consideration of the tragic situation" resulting in a large number of
      AP  -  200 words
    • Article
      Lock icon Yugoslavia freezes wages until June 1990
      252 4 AFP WORKERS' SALARIES in Yugoslavia will be frozen until June 1990 in a bid to bring the country's rampant inflation under control, the official Tanjug news agency reported yesterday. The measure to freeze wages was approved by the Federal Parliament late on Tuesday, with
      AFP  -  252 words
    • Article
      Lock icon Risk of a US recession greater in 1990
      889 6 ANALYSTS CONFIDENT OF FED AS A SAVING FACTOR IHT THE US ECONOMY in 1990 will tip closer towards recession than at any point in the last seven years but should, with the help of easier credit policies from the Federal Reserve, manage
      IHT  -  889 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1086 6 ARRIVALS Operator SonHco Local From number tkn* OAl OA472 0015 SYD/Mft MAS AAH623 0035 KUL SIA SQ011 0115 LAX/MKT UAL UA803 0120 SFO/HKG UAL UA097 0130 LAX/NUT KAl KB697 0220 SB. M1TANNU •Y767 0245 CMC/TSV SVA TL3518 0430 •rr/SMj/Kui SlY HM601 0450 SEZ SIA SQ409 0605 MAA
      1,086 words
    • Article, Illustration
      Lock icon American companies invest more overseas, especially in Europe
      556 6 Reuter AMERICAN COMPANIES are stepping up their investments overseas, particularly in Europe, where the growth opportunities look too good to miss, economists say. "Europe is a dynamic growth area," said Conference Board consultant James Greene. He said European investments were especially attractive
      Reuter  -  556 words
    • Article
      Lock icon Firm builds luxury houses for Hongkongers in NZ
      132 6 AFP FOR THE FIRST TIME since the 19th Century gold rush days. Chinese housing enclave is to be built in New Zealand, a construction company said. A Hong-kong-New Zealand company, New Island Developments, is building 37 luxury homes on a hill in
      AFP  -  132 words
    • Article
      Lock icon Cheap hotel rates a selling point for M'sia
      284 6 Bernama MALAYSIA'S relatively cheap hotel room rates and food prices, as compared to neighbouring countries, should be the "selling point" in attracting tourists. Malaysian Culture and Tourism Minister Datuk Sabbaruddin Chik said on Tuesday. He said hoteliers would lose in the long
      Bernama  -  284 words
    • Article
      Lock icon Afghanistan moves to shore up crumbling foreign reserves
      467 6 AFP AFGHANISTAN has announced sweeping measures to shore up its crumbling foreign reserves and exports that have sent hard currency prices rocketing on the money bazaar which virtually determines the country's economy. The "economic crackdown" comes amid alarming reports of intense buying
      AFP  -  467 words
    • Article, Illustration
      Lock icon Japan to sell new DAT players early next year
      315 6 NYT MAJOR JAPANESE electronic makers plan to begin selling digital audio tape (DAT) playera in Japan this spring that for the first time will allow uaera to make digital recordings from compact discs (CDs) or other OATa. Sony Corp will put
      NYT  -  315 words
    • Article
      Lock icon Japanese likely to buy 33pc more imported oars next year
      236 6 NYT SALES of imported care in Japan are expected to increaae by 33 per cent in 1990 to 240,000 vehicles, s Japanese car induatry aasociation said yesterday. Of the 4.2 million cars expected to be sold in Japan next year,
      NYT  -  236 words
    • Article
      Lock icon Soviet group signs 8 projects with China
      203 6 AFP A SOVIET trad* delegation has signed with China eight joint venture projects which also involve Taiwan interests. Newspaper reports, quoting official China News Service (CNS). said the agreements were signed in neighbouring Guangzhou on Tuesday between a seven-member trade delegation from Leningrad
      AFP  -  203 words
    • Article
      Lock icon Taiwanese assets in Australia to be granted – legal protection
      149 6 Taiwanese assets in Australia to be granted legal protection AFP TAIWANESE INVESTMENTS In' Australia would be granted legal protection from seizure by China under a law quietly propoeed last week by the Australian government. Industry Minister John Button introduced legislation into the Parliament late last week which would stop any
      AFP  -  149 words
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      Page 4 Advertisements Column 1
      727 4 GOOb IDEAS KEEP COMING UP Unlimited applications to suit every need. 4 SHARP A, 10 'OJA BB wmtrm |HjjM| gpplB 1 llflUU M||fl|aaM|ij|aMw&fe||H I, sharp a 0-705 A r~~ ~i r i r ~~i SSI IMC I HOIKS I I fin I Jt* S "jfc jjjjp jjj I Zuulm ?um—c|
      727 words
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      64 6 The businen perxm's choice every Tuesday, 1M m I m %IV I Thundiy, Saturday and Sunday. Leaving Changi I I II I I X I Airport at 21:55 noun and arriving at Logan I I M J I I t I International Airport the following day. C*U your trtvtl agent
      64 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      30 6 Doonesbury by garry trudeau MIKBY? IS THAT MARQA'S SHOPPIH67 u^uSS ££?2f?" Ifilj.J HOLD TT YOU7tMYISN7 OUT SHOP- WHAT FOR*, Wi/M/ wfjlGT MPAU6HTBZ PING, MRS. F&NBLOOM. uUUUf ANSUmNG F&NBLOOM. **OUU?I CAM£N~
      30 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Thomas Cook makes Singapore regional hub in expansion plan
      538 7 TRAVEL QIANT Thomas Cook Travel Services has singled out Singapore as the first area to expand its regional presence because it sees the Asia-Pacific shaping up aa the world's fastest growing travel market. The company has, therefore, gone ahead with its
      538 words
    • Article, Illustration
      Clampdown on tobacco publicity
      543 7  -  NEW SET OF RULES TAKES EFFECT NEXT WEEK By GENEVIEVE CUA MARKETING ACTIVITIES of Sin-gapore-based manufacturer* and distributors of tobacco products will be down to zero when a new set of regulations further restricting tobacco publicity takes effect next week. BT understands that a number of
      543 words
    • Article
      Lock icon Baseball cards printer moves into magazines
      497 7 NYT YOU CAN'T FLIP IT. Nor is it packaged with a brittle stick of stale bubble gum. But the Toppe Co is betting thst American children will flock to it the way they have to the baseball cards the company has printsd since 1051.
      NYT  -  497 words
    • Article
      Lock icon People-watching newest market research trend
      729 7 NYT EVEN as car shoppers look over new models in dealer showrooms, some of them are being sized up themselves. In Cadillac, Mercedes and BMW showrooms around the US, researchers hired by the Toyota Motor Corp discreetly watched prospective car buyers inspect the cars. The
      NYT  -  729 words
    • Article
      Lock icon Hard-sell ads work better on Americans
      239 7 NYT ARE British advertisements, which often entice consumers with entertainment and subtle humour, more effective than hard-sell American ones? Not to Americans, suggests a study of' two Hellmann's mayonnaise print ads one American, the other British. The British ad was a mock beach scene:
      NYT  -  239 words
  • Page 7 Advertisements
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      157 7 ■y,' p. a f' *-V r v v > m 0 v > > < > A a 1 t 1 A 'f V*• v" 1 t- v*.' yf J v V i.. ."r v j- 1- V o f' V 'i 1 'V'*- 1 ."*•>*' #y *r A ■<*
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  • PERSPECTIVE
    • Article
      Stock market: the challenge ahead
      510 8 AN AIR OF nonchalance seems to have replaced the initial fears that the delisting of Malaysian stocks from the Stock Exchange of Singapore will leave a big dent in the earnings of Singapore stockbrokers. That is because come Jan 2, investors can still trade in
      510 words
    • Article, Illustration
      Lock icon More forex fireworks in store next year
      1142 8  -  Currency traders will soon call their last deals for the year. Marked by high volume and volatile rates, these past twelve months have been eventful for the Singapore foreign exchange market. Financial Correspondent SOH TIANG KENG sums up the year's market-moving events and
      Source: Barclays Bank  -  1,142 words
    • Article, Illustration
      Lock icon Pop all set to sparkle again
      985 9  -  PHILIPPINE SOFT DRINKS INDUSTRY Although the recent coup attempt in Manila has somewhat dampened investor confidence, the soft drinks industry does not appear to be affected because of its domestic-oriented nature. DAVID CHEW of the Foreign Desk profiles some of the industry's expansion plans
      Source: Beverage Industry Association of the Philippines  -  985 words
    • Article
      Japanese less optimistic than Americans
      474 9 RELATIONS WITH SOVIETS JAPANESE are less optimistic than Americans concerning relations with the Soviet Union, according to the results of a poll conducted in Japan by Asahi Shimbun and in the United States by Louis Harris and Associates, several days after the US-Soviet summit in
      474 words
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      197 8 ■MH Cover the ■llm whole of nri *1 t I hailana with a $199 air ticket. is Thai's year operation. And period between January Ist, 1990 and December 31st r 1990 celebrate our birthday we've got a present for you. and that you purchase it before arriving in Thailand. A
      197 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      37 8 IsHe's TMg.TRLL sum f| DftnnN ijii l suppose VOU'VC H6Af?DI QNC WfW_ lmiSS£D OUT PGPt'rt! thfnT pqiss R&Rg op the. I coroe-To-B€D fcyes.y tn/Ping fbct is gctt.mg t- ::£S: s srr cta a iS^r" fuhicm one is
      37 words
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      114 9 J_ ■■I j»f MiTTTinrTiKS Which is not to say they aren't intelligent. They are. Compared to. perhaps. enjoy after hours air conditioning without having to Wan er o s r place ,hem alongs,de wr "Tr*- TrA-.^ r sfe&: VRV (or Variable Refrigerant Volume) is the first arid only j ther
      114 words
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  • SPORTS
    • Article, Illustration
      Lock icon Champion gets a peek outside Iron Curtain
      758 10 TENNIS AP THEY BECAME FRIENDS at a Soviet tennis tournament. He visited her in Prague, where they played for sodas. She left for fame and fortune in the West. He stayed in the East, an anonymous amateur trapped by the Iron Curtain. Martina
      AP  -  758 words
    • Article
      Lock icon Golarsa steers Italy to victory
      238 10 AFP ITALY'S Laura Golarsa, an nthhour replacement for the injured Raffaelle Reggi, steered her team to victory in the first round of the Hopman Cup in Perth on Tuesday. The Italians were on the back foot when Paolo Cane lost the first singles rubber to
      AFP  -  238 words
    • Article, Illustration
      Lock icon Ex-America's Cup skippers support NZ
      507 10 YACHTING Reuter SOME SKIPPERS who have won the prestigious America s Cup sailing competition are lending their support to New Zealand in its legal battle against a US court decision returning the trophy to San Diego. California. In a recent filing made with New York
      Reuter  -  507 words
    • Article
      Lock icon Charles Jourdan keeps in front
      133 10 AFP IN TIGHT RACING and strong winds the French yacht Charles Jourdan remained at the head of the fleet on the third leg of the Whitbread round-the-world race, officials at race headquarters in Auckland said yesterday. In the latest bulletin, the French yacht skippered by.
      AFP  -  133 words
    • Article
      Lock icon Heat succumbs to Knicks
      367 10 BASKETBALL AP CHARLES OAKLEY had 19 points and 12 rebounds as the New York Knicks overcame Patrick Ewing's worst scoring night of the season to win their seventh consecutive game. 100-94 over the Miami Heat. Ewing, third in the NBA at 29.0 points per game, was
      AP  -  367 words
    • Article
      Lock icon Paris-Dakar drivers get a respite in Marseille
      247 10 RALLY AFP SUN-BATHED BEACHES cheered up the Paris-Dakar drivers in Marseille on Tuesday, allowing them to forget the Paris mud bath which had reduced the event to a lottery. Tuesday's time-trial gave everyone an inkling of what they will have to cope with
      AFP  -  247 words
    • Article
      Lock icon San Francisco tipped to win another Super Bowl
      481 10 FOOTBALL AP THE CONFUSION and contingencies are over and the NFL playoff line-up is set with San Francisco the favourite to win yet another Super Bowl. The NFC ia looking as dominant as ever and teams like the Saints. Lions and Chiefs
      AP  -  481 words
  • Page 10 Advertisements
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      127 10 lIITO THE FUTURE Your new year starts on the pages of January's INTERSECT. In our cover story, CHILDREN IN THE 1990'5, we'll examine the fate of the next generation in Southeast H Asia. And to launch the new decade, we've added three new regular features. M BUSINESS AND WAR. Discover
      127 words
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      210 11 *c~ v I B tJIjMI Il^^SM »l A^»l^»^l IV IT BPPi fifHll ■LJjDdalilUllljJ^HlU^Ul The Situation (Desperate). You've been handed a major investment opportunity. You need more information to make the decision, immediately. But because your computers can't share information across departments, your decision will have to wait. The Solution (Welcome).
      210 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Costing-cutting moves pay off for QAF
      509 12  -  By WILLIAM CHIA REFLECTING the success of its cost-cutting measures, QAF Ltd has reported improved profitability in its interim results despite a decline in turnover. QAF yesterday announced a group profit after-tax and minority of $1.71 million for the six months ended Sep 30,
      509 words
    • Article
      UEL to build intelligent complex at River Valley site
      265 12 UNITED ENGINEERS Ltd. which is proposing to raise $82.27 million through a one-tor-two rights issue, has submitted plans for redeveloping its River Valley Road site into an intelligent com-mercial-cum-residential complex. UEL said in a circular to shareholders that the complex will
      265 words
    • Article
      Idris to take in new partner under restructure plan
      233 12 IDRIS HYDRAULIC (M) Bhd is hoping to finalise its restructuring plans, which will entail the entry of a new party into the company, by the middle of next year. "We have worked out our restructuring plan, which we hope would put
      233 words
    • Article
      Berjaya acquires Nagaria Complex for M$ 43.5m
      414 12 HOT ON the heels of its Shahzan Tower acquisition, diversified Berjaya Corp is believed to have snapped up another commercial complex in Kuala Lumpur for M 543.5 million. Market sources said the group signed the sale and purchase agreement to acquire Nagaria Complex
      414 words
    • Article
      KLSE okays sale of Island Traders to bumiputras, Smith New Court
      446 12 THE KUALA LUMPUR Stock Exchange (KLSE) has approved the sale of Penangbased stockbroking firm Island Traders Sdn Bhd to Smith New Court (Far East) Ltd of Hongkong and two bumiputeras. According to industry sources quoted by Business Star, the
      446 words
    • Article
      Intraco taking 25pc stake in Soviet diamond producer
      394 12  -  By ELAINE KOH INTERNATIONAL TRADING company Intraco Ltd has sewn up a rare deal with the Soviet Union's sole producer of diamonds to set up a regional trading base in Singapore. Intraco will take a 25 par cant stake in Russalmaz Asia
      394 words
    • Article
      Emas wins M$ 30m deal to build palm oil mills
      303 12 KUMPULAN EMAS Bhd (KEB) has secured a Ms3o-million contract to build two palm oil mills in Malaysia and one in Indonesia. Group managing director Lim Fung Chee said: "We received the news about three weeks ago. The mill in central
      303 words
    • Article
      DIVIDENDS ANNOUNCED
      504 12 S2, sr A I S S '2%W 27 [J AMD* 2%lb» No. U Nov 30 Ok 2% Amol Stool 8%TJIb» Nov 30 Ok U *.22 T J J* Avtmo '5%Tt M»» Mor '2 M« 15 2S%T* 8otv Kowon 17 5% *>n 18 '*>2 tab* 225% jtr t«" si
      504 words
    • BANKING AND FINANCE
      • Article
        UOB group to focus on staff training and computerisation
        232 13  -  By DEXTER LEE THE UOB GROUP has identified human resource development and computerisation as the key strategies for continued success in the *****. The United Overseas Bank s latest in-house newsletter says its management committee spent "a gruelling week" formulating future
        232 words
      • Article
        Lock icon Seoul opens low interest loans to East Europe
        261 13 AP THE SEOUL GOVERNMENT has revised regulations to add East European countries to those eligible for South Korea's low-interest, long-term development loans. Under the old regulations, the government's Economic Development Cooperation Fund (EDCF) limited its loans to only those developing countries that
        AP  -  261 words
      • Article
        Lock icon Another bad year for dealers in US government bonds
        400 13 NYT PRIMARY DEALERS of US government securities are winding up their worst year in a decade, and possibly longer, industry experts say. None of the 44 firms that have been designated by the Federal Reserve Board as primary dealers, those that
        NYT  -  400 words
      • Article
        Lock icon Mitsui Trust to set up US options house
        140 13 Reuter MITSUI Trust and Banking Corp is planning to set up a US options house next month to expand its options-re-lated businesses there. Mitsui spokesman said. MTB Options Inc, a wholly owned New York unit of Mitsui Trust's wholly owned Mitsui Trust
        Reuter  -  140 words
      • Article, Illustration
        Kamchorn dispels talk of resignation
        446 13 BANK OF THAILAND Governor Kamchorn Sathirakul said that he had never thought of resigning. nor was there any conflict between him and Finance Minister Pramual Sabhavasu, the Bangkok Post reported on Monday. The central bank governor returned on Sunday from the United States where he
        446 words
    • MONEY AND EXCHANGES
      • Article
        Lock icon Tokyo, Beijing to discuss new loans
        266 14 Reuter JAPAN will send a senior Foreign Ministry official to China early next year to discuss a possible resumption of official new credit to Beijing, Prime Minister Toshiki Kaifu told an opposition parliament member. "We are going to go ahead with planned new loans
        Reuter  -  266 words
      • Article
        Lock icon ANZ bank group sells French unit
        85 14 Reuter AUSTRALIA and New Zealand Banking Group Ltd said it has agreed to sell its French retail bank subsidiary Grindlays Bank SA to Italy's Monte Dei Paschi Oi Siena for an undisclosed price. ANZ said in a statement the 14-branch Grindlays Bank SA. part
        Reuter  -  85 words
      • Article
        Lock icon Forex markets
        1426 14 Reuter SINGAPORE: THE US dollar closed mixed yesterday, slightly higher against the yen and softer against most European currencies after quiet trading. Dealers said the dollar fell initially to around 1.6950 marks on selling by Singapore players for the mark which also pushed down the dollar against the
        Reuter  -  1,426 words
      • Article
        Lock icon Asian dollar market
        321 14 Reuter ASIAN dollar deposit rates ended sharply firmer yesterday. especially shortdates. from Tuesday levels, dealers said. They said strong year-end covering and bidding interest in day-to-day •rates by Japanese banks pushed rates sharply up. Higher US Federal funds rate, lower US bond J trices and a half-point
        Reuter  -  321 words
      • Article
        Lock icon Simex
        540 14 Reuter EURODOLLAR futures closed higher in active trade on short-covering and bargain-hunting yesterday after Chicago's fall overnight, dealers said. March Eurodollar rose to 92.00 from Chicago's 91.96 and June to 92.21 against 92.17 on turnover of 21.395 lots. Euroyen futures rose with March closing at 93.28 against TFEA's 93.27
        Reuter  -  540 words
      • Article
        Lock icon IMM
        292 14 Reuter SLUGGISH post-holiday activity left most IMM currency futures higher on Tuesday and in the top portion of session ranges. Although traders had anticipated Japan's half-point discount rate hike on Sunday, sentiment persisted that US interest rates are easing while overseas rates firm and continued to give support. Chart
        Reuter  -  292 words
      • Article
        Lock icon Malaysia's foreign debt totals M$ 23.6b
        105 14 AP MALAYSIA'S foreign debt stands at M 523.6 billion. Deputy Finance Minister Wan Abu Bakar told the Senate yesterday. Replying to questions in the Senate, Mr Abu Bakar said the United States was the biggest creditor at MsB.l billion. The second biggest creditor was
        AP  -  105 words
      • Article, Illustration
        World interest rates
        181 14 Indicates the avtragi oI the prime lending rates oI 12 ma|or bank* in Singapore Interbank markat rates (ofter/bld) on Dac 27 US$ DM SWFC Yw 7 4mrt 10 S/0—10 1/3 IS 1/4—IS 0 1/3 0 3/0 0 3/4 0 1/3 7 1/0 7 I 0 0 7/0
        181 words
      • Article
        Government securities market
        99 14 Treasury bills Period issue Yesterday's dosing Day's code Maturity MO OFFEt HK3H LOW 3 months 8Q*****X 22.03.90 4.65 460 470 4.52 6 mowrta BS*****V 18.01.90 4.65 460 1 y«or BY*****Z 18.10.90 4.63 458 4 JO 4.45 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's
        99 words
      • Article
        Money markets
        57 14 THE overnight rate on the Singapore money market was 1/4 point lower at 5 per cent yesterday. Short-term rates were unchanged. S$ Interbank rotas at tha dosa yesterday: OffH MO Our- +*> 3 4 7 I -menHi 3 S/l 3 1/2 2-monA S 3/« 3 1/3 3-monrti S
        57 words
      • Article
        Options
        1176 14 INDEX OPTIONS Twosday, Dpcm nb f 26, 1989 8 A P 100 MOCX (CM) it. Mea Jm Fob mm Jm Fa* Mm 290 2ft 3ft 293 l 2* 4ft 300 Ift 3* 3 303 1-11/1* 3ft 310 17 2-3/1* 4ft 6ft 313 13* l«ft 3ft 4 7 330 9*
        1,176 words
    • COMMODITIES
      • Article, Illustration
        Lock icon Rare battle for top post being waged at CBOT
        611 15 NYT A YEAR marked by scandal has led to a rare contested battle for the chairman's post at the Chicago Board of Trade (CBOT). the nation's oldest and largest futures exchange. Hoping to capitalise on a wave of discontent over the
        NYT  -  611 words
      • Article, Illustration
        Lock icon KL to spearhead forming of palm oil producers' association
        161 15 AP MALAYSIA, the world's biggest producer and exporter of palm oil, wants to form a grouping of palm oil producers. Primary Industries Minister Lim Keng Yaik said yesterday. Replying to questions in the Malaysian Senate, Dr Lim said such a grouping
        AP  -  161 words
      • Article
        Lock icon Taipei plans to process more crude oil abroad
        192 15 Reuter TAIWAN'S state-owned Chinese Petroleum Corp (CPC) is negotiating with Genera! Sekiyu K K of Okinawa to process about 500,000 barrels of crude from Oman in the third phase of a testing programme to find a regular processor, company spokesman Chang Yi-tsai
        Reuter  -  192 words
      • Article
        Lock icon Crude Oil and Products
        132 15 Telerate FUEL oil indications were steady to slightly firmer in the Singapore market yeterday. Sentiment was mixed as fundamentals showed a possible increased in availabilities for Janu- ary-February. Sell indications for January CSTIBO were pegged at $109 mt fob Sing. Bangchak's add PTT's tenders to buy
        Telerate  -  132 words
      • Article
        Lock icon KL Tin
        270 15 Bernama Reuter Tin dOMd on# cent hlphir on Km Kuala Lumpur Tin Marfcat (KLTM) at 10.04 ringglt a kg alter holding relatively steady, deslers said. European and local buying contlnuod In KL although tho London marfcat was still closod for tho Christmas holiday on Tuesday. Opanlng bids woro
        Bernama; Reuter  -  270 words
      • Article
        Lock icon Precious Metals
        406 15 Reuter HONGKONG: Gold closed higher yesterday on local short-covering and dealers said physical demand boosted by the slightly easier US dollar also helped the rise. "Buying orders from the Middle East in late trade pushed the gold price up to a day high of U*****.20/70," one dealer said.
        Reuter  -  406 words
      • Article
        RAS and MRELB
        318 15 RAS prices in s cmm* roa m mm NOON CLOSE S^tH^tn ln» 1 RSS Prompt 158.00 159.00N 158.00 159.00 Int 1 RSS Jon 90 160.00 161.00 159.75 160.75 Int 1 RSS Pob 163.00 163.50 163.00 163J0 fa* 2 RSS OF 154.00 156.00N 154.00 156.00N Int 3 RSS
        318 words
      • Article
        Lock icon Rubber
        336 15 Reuter SINGAPORE: Rubber price* closed lower yesterday with January 1 RSS buyer quoted at 150.75 cents a kg. down 1.25 cents from the last close on Friday. Trading in the afternoon session was quiet with prices hovering around weaker lunch-time levels, dealers said. "Activity will be scaled down over
        Reuter  -  336 words
      • Article
        Comex gold/silver futures
        170 15 Gold futures on December 26, 1969 100 toy ounces. USS par iroy ounca OPMI Mfk LM MM OK 403.00 ***** 403.00 ***** 6 40 km 90 407.40 -440 tab 416.30 416.30 400.30 4IOIO -440 A** ***** ***** 4)3.30 413.30 -450 jw» 434)0 ***** ***** 430.30 -440 Aug
        170 words
      • Article
        Taiwan to buy less US coal
        146 15 STATE-OWNED Taiwan Power Co. the island's top coal buyer, will further diversify coal imports away from the United States to other countries, including South Africa. Australia. Canada and Indonesia, company officials said in Taipei. The company's annual coal imports from the US fell to
        146 words
      • Article
        Lock icon Soybean
        80 15 Reuter CBOT soybean futures settled lower in all delivery months on Tuesday, after a session dominated by followthrough pressure and strong commission house selling. Early followthrough selling forced spot January through major technical support at US$5.7O, where the contract tottered on both side* of that level before collapsing through
        Reuter  -  80 words
      • Article
        Lock icon Wheat
        157 15 Reuter CHICAGO Board of Trade soft red winter (SRW) wheat futures ended lower on Tuesday on commission house selling in extremely thin holiday trading. A bearish tone hung over the market, with export business considered too minimal to generate support. Brokers expected trading to remain slow ahead of the
        Reuter  -  157 words
      • Article
        Lock icon Palm Oil
        368 15 Reuter MALAYSIAN CMJOE PALM OIL prices extended their gains at the close on light covering interest yesterday, reflecting a rise in palm oil futures and aided by palm oil enquiries from India and Pakistan, dealers said. Pakistan bought 6.000 tonnes of RBO palm oil for last half Jan
        Reuter  -  368 words
      • Article
        Lock icon China, Laos agree on joint investment
        212 15 AFP LAOS hat agreed to a joint investment with China to explore and exploit mineral ore deposits in northern Laos, the official Laotian news agency KPL said on Tuesday. The agreement was signed in Vientiane on Monday by Laotian Trade Minister Phao Bounnaphon and
        AFP  -  212 words
      • Article
        Produce Prices
        194 15 CHIimm Produce Exchange SiHin' non dotlnQ prlcti on Dk 27 (SI/100 kg) Coconut oil Mk FOB 81.00 OM drum FOB 91.00 N*w drum FO® 95.00 Copra Mlxad (loos*) 42.00 Milan Poppor la nti "WWW WTwfw FOB NtW 422JO Sarawak wMt* FOt foq NIW 412.50 Sarawak ipadal block FO#
        194 words
    • SES
      • Article, Illustration
        Absence of many foreign investors depresses prices
        779 16  -  •'I ABDUL HADHI WITH FOREIGN institutional interest mostly absent, share prices on the Singapore stock market fell over a broad front on profit-taking. Brokers say the market is due for a technical correction after the recent run-up. They add, however, that its bullish
        779 words
      • Article
        SINGAPORE STOCKS
        248 16 Rises J CMMI* 286 7.5% +20 Ew Van Sang Wt 140 +6.9% +9 Chuan Hup Wt 94 52% +6.1% +3 Ssangyong SOi 326 5.8% +18 FtLS Wrts 1994 169 5.6% +9 H N«gara 575 +4.5% +25 HTP Hldgs Wrts 58% +4.5% +2% Um Kah Ngom 208 4.5% +9
        248 words
      • Article
        MALAYSIAN STOCKS
        225 16 Rises Mt Ploowro 50# 49 +19.5% +8 Urn Ho* 44 +11.4% 4% Tengkoh Hid?* 157 9.0% +13 TOM 140 +8.5% +11 Sanyo 160 +5.3% +8 lomNod 50# 171 +4.9% +8 8 Raya 145 +3.6% +5 Dayapi Ind 240 +3.4% +8 IM Plantations 320 +3.2% +10 K L Ind
        225 words
      • Article
        Unit trusts
        296 16 Managers' prtc«s Royal Trust Asset Mgt for D*C 28 IT S'pora Gf Fund 0f75 I COS IT Aca Foe G' Fund I II I 17 jszr fc Tha Savings Fund 106 112 W. Copilot Fund S'pora frog Fund 048 052 So»arj Trujl Fund 107 112 S'oora W Fund
        296 words
      • Article
        COMPANY MEETINGS
        44 16 BENTA PLANTATIONS BERHAD: 67th AGM at the Pahang Room. Lower Lobby. Shangri-La Hotel, 11 Jalan Sultan Ismail. SO2SO Kuala Lumpur, today at 11am MBf HOLDINGS BHD: EGM at the Penthouse, 23rd Floor, Plaza MBf, Jalan Ampang, ***** Kuala Lumpur, today at 10am
        44 words
    • SES SHARE INFO – STOCKS
      • Article
        SES SHARE INFO ----- SESDAQ STOCKS
        6283 16 SES SHARE INFO SESDAQ STOCKS Or'a Qr'a 1M9 T«l Last Vol Day Laat Quote Olv Dhr VM Nat M Cap High Low Codo Company Sala +or- (*000) High Low Buyor SoHor C*vr PIE $mll DEC 27 8E8DAQ 179' 60* 4000 Amt«k Eng 20* 190 unch 166 150 149 149 190
        6,283 words
    • KLSE
      • Article, Illustration
        Profit-taking surfaces
        3673 17 AFTER the strong run-up in th« last three sessions, the Kuala Lumpur stock market finally gave in to profit-tak-ing and prices finished generally lower acroee the board yesterday. This is in spite of a record performance on the Tokyo stock market. Propelled by index-linked buying. the 225-shars Nikkei
        3,673 words
    • REGIONAL MARKETS
      • Article
        Lock icon Elders Resources plans merger with Mawson
        169 18 Reuter ELDERS RESOURCES LTD is planning to merge with '48 per cent-owned gold producer Mawson Pacific 'Ltd through the issue of new shares, Elders •Resources said yesterday. It will issue up to eight •million shares, equal to about 0.8 per cent of its .current
        Reuter  -  169 words
      • Article
        Lock icon Daiwa punished in warning to Japan's securities industry
        447 18 Reuter JAPAN'S Finance Ministry sent a clear warning to the country's free-wheeling securities industry on Tuesday when it punished the nation's number two broker for filing false reports. The ministry ordered Oaiwa Securities not to raise funds for itself in the market
        Reuter  -  447 words
      • Article
        Lock icon HK Telecom shares get Citic boost
        236 18 Reuter HONGKONG Telecommunications Ltd's share price has been rising following last week's announcement that China International Trust and Investment Corp (Citic) is negotiating with Cable and Wireless pic to buy a stake in HK Telecom. The shares jumped 20 HK cents to HK$5.6O and
        Reuter  -  236 words
      • Article
        Lock icon Nissho to buy Aussie mines for A$ 240m
        253 18 Asahi MAJOR JAPANESE trading company Nissho Iwai Corp has raachad an agreement with Pioneer International Ltd, an Australian cement and oil company, to buy its titanium and zircon mines for about As24o million. The mines involved are RZ Mines Group in Newcastle,
        Asahi  -  253 words
      • Article
        Lock icon Manila: Five-day rally ends
        180 18 Reuter SHARE prices Ml across the board yesterday in moderate trade as profittakers ended a five-day market rally, brokers said. The Manila Stock Exchange composite index fell 16.63 to end at 1,115.22 from Tueeday's 1,131.86. when the market poeted its biggest one-day gain since the recent
        Reuter  -  180 words
      • Article
        Lock icon New Zealand: Low volume
        104 18 Reuter MOST LEADING shares firmed a few cents each in featureless, holiday-affect-ed trade on the New Zealand share market yesterday. Brokers noted the absence of institutions and corporatee and they expect continued placid trading until Jan 8 or 15. The Barclays Index roee 5.40 poirtts to
        Reuter  -  104 words
      • Article
        Lock icon Taipei: Rally continues
        300 18 Reuter THE TAIWAN stock index yesterday logged solid gains for the third consecutive trading day in what dealers said was a year-end rally organised by the market's big players. The weighted index rose 190.68. or 2.18 per cent, at 9.346.06. while turnover was NT5110.36 billion against NTS
        Reuter  -  300 words
      • Article
        Lock icon Jakarta: Shares end mixed
        94 18 Reuter PRICES on the Jakarta •lock axchanga endad mixed yesterday The index climbed slightly to 396.88 from the reviaed 396.25 on Tueaday. Turnover roae to 549,068 shares from the previous 548.025. Detergent maker Unggul Indah poeted the biggest turnover of 199.110 shares, but it ended 100
        Reuter  -  94 words
      • Article
        Lock icon Bangkok: Fifth record high
        191 18 Reuter THAI STOCKS yeeterday roee to a fifth succeeeive high with moet intereet focused on finance and commerce counters, brokers said. Ths SET Index gained 11.63 to finieh at a new high of 661.84 in active trading. The previous record on Tueeday was 850.21. Winners led
        Reuter  -  191 words
      • Article, Illustration
        Lock icon Nikkei up 120.32
        501 18 Tokyo Reuter TOKYO ehare pricee ssiled shead yeeterday. propelled by index-linked buying and acattered buying by inveetment truet funds, arbitrageurs and individual investors. The index reached record traded highs in the afternoon before sliding back slightly, but still finished at a record ctoee. Both high-priced and bargain
        Reuter  -  501 words
      • Article, Illustration
        Prices slightly firmer
        1147 18 Hongkong PROFIT-TAKING pared most of the early morning gains with the main slock index ending only slightly firmer yesterday. The Hang Seng index ended 6.23 up at 2,929.25 after gaining about 41 in esrly morning trade. The Hongkong index added 4.25 to 1,922.96. Turnover waa at HK1780.71
        1,147 words
      • Article, Illustration
        Lock icon Stocks close higher
        503 18 Sydney Reuter OFFSHORE BUYING helped boost Australia's share market to Armor closs yostsrdsy in quist trading aftsr ths Christmas holiday break. Ths All Ordinariss Index dossd 5.9 points up at 1661.4. only slightly off ths day's high at 1663.2. Ona broker said. "Ths indox is continuing to
        Reuter  -  503 words
    • WORLD MARKETS
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        639 19 Reuter FRANKFURT: A massive flood of foreign orders for West German blue chips sent share prices soaring by more than 4 per cent yesterday and share indices leapt to new highs. The DAX index of 30 major shares surged to an historic high of 1,771.44, up 75.06
        Reuter  -  639 words
      • Article
        Lock icon Taiwan group buys shares of Wang unit
        104 19 AP A TAIWAN investment group announced yesterday it has agreed to acquire US$l6O million worth of shares of Wang Laboratories Inc's manufacturing subsidiary in Taiwan. Under the agreement, the Taiwanese group would buy 30 per cent of the shares of Wang Laboratories (Taiwan)
        AP  -  104 words
      • Article, Illustration
        Lock icon Stocks end mixed in thin trading
        745 19 New York Reuter US STOCK prices ended mixed on Tuesday in one of the slowest trading days of the year, giving up most of an early lead after US bond prices tumbled. The Dow Jones industrial average closed off about 2.14 to 2709.25. In
        Reuter  -  745 words
      • Article
        Lock icon London: Stocks open higher in quiet trading
        282 19 Reuter EQUITIES opened slightly firmer yesterday in quiet trading on a minor markup in reaction to Tokyo's record closing high and also helped by traditional year-end support, dealers said. "It generally goes a bit higher pre-New Year." one trader said. "The year-end squeeze
        Reuter  -  282 words
      • Article
        Lock icon McLucas named SEC chief enforcement officer
        561 19 NYT RICHARD C BREEDEN. the new chairman of the US Securities Exchange Commission, has named William R McLucas, who has been with the commission for 12 years, as the agency's chief enforcement officer and announced the formation of an enforcement unit to protect individual
        NYT  -  561 words
      • Article
        Lock icon Fanuc, Mitsui in joint venture with Soviets
        134 19 AFP JAPAN'S Fanuc Ltd and Mitsui and Co Ltd have agreed with four Soviet public corporations to form a joint venture company for maintenance and serivce of numerical control (NC) equipment for machine tools. Fanuc, the world's top manufacturer of NC equipment for
        AFP  -  134 words
      • Article
        Lock icon Oryx Energy forms independent unit
        295 19 NYT ORYX ENERGY Co, the US exploration and production group spun off by Sun Co. has established an independent subsidiary to develop most of the oil and gas properties it has agreed to acquire from British Petroleum Co for US$l.l billion. Robert L Keiser, an
        NYT  -  295 words
  • Page 12 Advertisements
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      159 13 If \<*i find our printers affordable; Iftmif —M 50; TTw LQ printer that offers unbeatable co« peifofmance (of home or office. IQ» TV chr*. ,n colour pnnrir, mm* LQ-1050: The printer that will meet all your demanding expectations for letter quality pnnnng. LQ-106& The 24-pin colour printer that adds impact
      159 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      81 15 The KL Crude poke oil futures report wee not IvIIIIM Ai30.000.000 Negotiable Floating Rate Australian Dollar Certificates off Deposit due 27th March, 1990 The Sanwa Bank Limited Singapore Branch In accordance with the provisions of the Certificates, notice is hereby given that for the three month interest period from 27th
      81 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      33 15 AND NON5EN5 -T i X ft "Thanks very much for the information about the urea formaldehyde foam Insulation, but I think the old wool sock still has a few seasons left In it."
      33 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      606 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GUAN HUP ELECTRICAL HARDWARE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTIONS (Pursuant to Section 290(2) (b)) At an Extraordinary General J Meeting of the Company duly convened and held at 27 31
      606 words
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      Page 18 Advertisements Column 2
      109 18 FORTH VEINS OF FINANCIAL EXPERTS exchange rates affect your business. BANKING FINANCE brings to you the views of experts in Singapore as well the other financial centres, from Hongkong and Tokyo to London and New York, on a sector which is getting more unpredictable and volatile. Find out how companies
      109 words
    • Advertisement
      Page 18 Advertisements Column 3
      22 18 The Bombay report and Sooul roport and prlcos were not available. Catch up on Mm latat In tachnolofy in BT •vary Tuttdiy
      22 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      107 19 FOR BITS AND BYTES. Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, the j TECHNOLOGY page provides news, I J reviews and features in the areas of V information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus
      107 words
    • Advertisement
      Page 19 Advertisements Column 2
      294 19 Other markets were dosed on Tuesday. Be a 3-in-1 Contest winner 3 times and shop at SOGO on us Business Times was published on Christmas Day. If you did not receive your copy, please check with your vendor. Business Times was not published on Boxing Day, Tuesday, December 26. 1989.
      294 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      900 20 Where to entertain... Where to entertain... Where to entertain... Where to jji"^ft/ For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, *****10 or *****85 ext *****/6. PALM V GRILL THtWtSr^PIAZA WESTIN Horns llUiolm Taiwan Fbrridge for lunch, dinner and supper.
      900 words
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      Page 20 Advertisements Column 2
      275 20 &Ke of (9fieer V k jK/< Raise a toast to the season of cheer at The Belvedere. We've festive buffets lined up all the way from the Ist to 31st Dec 1989, and gala dinners during the festive holidays. So celebrate the old year, ring in the new, with friends
      275 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      720 20 M/\+ 1 oinht SBC 12 6.» ProsnmL Highlights. 10.35 Centre Superstars of }J« S5 r1 WS (M) not a preiiy signi an. aw r °< sg^-q^^. Programme Highlights followed by 7.30 News (M). M IESKiJSI ™^??L^itsV?he wr choice iiiii.m mrr f -lifli n. way us T d*,,. MM BULL LOOKER,
      720 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Mahabharata passes an important test
      642 21 CINEMA NYT THE MAHABHARATA. the Indian religious and mythological epic about truth and deceit, love and war. divinity and mortality, has arrived in the land of its birth in an intense five-and-a-half-hour movie version by Peter Brook. For the director, India is the true test
      NYT  -  642 words
    • Article
      Lock icon Gourmet meals that are cooked by the car
      797 21 BOOKS IHT 'TIS THE SEASON to have heartburn while dashing from one holiday feast to another. Chris Maynard and Bill Scheller have come up with a solution: cooking dinner on the car's engine while you drive and arriving cool and collected with
      IHT  -  797 words
    • Article, Illustration
      Lock icon Enigmatic playwright of dark despair
      594 21 OBITUARY AP SAMUEL BECKETT refused to explain his work, leaving it to critics and audiences to interpret, puzzle over and argue about the writings of one of the 20th century's greatest playwrights. "I meant what I said," waa all he ever offered about a body
      AP  -  594 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      128 21 entertain..J I Celebhate, I Celebrate I And I Celebrate. H I A From early December right into the New Year you 'U really be able to make the mo st of this festive deacon. Each of our restaurants and bard will be offering a wide I choice of festive fare
      128 words
    • Advertisement
      Page 21 Advertisements Column 2
      208 21 J |l $20* I ClflQ HQ 2 Steamed Winter Melon Seed I (For 6 Persons) 3. Red Fish with Soya Bean j 5. Shredded Duck with Green H II MAPLE LEAF Sze-Chuan Restaurant I 380. ViOona St'Mi *01-01/08 GoMan Landmark HoMi I &ngapor*o7lB Te| *****15/6 J| All manner of Teochew
      208 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      586 21 cryptic puzzle pTTEpEpII]!! 3CDH 12 Swallowed up or taken 18 Has Larry just the man -_J-——|_ llfjfl 22 Measure the back door eminence (4) 24 The tyrants a fellow shoots (7) don t people ance (5) 26 Covered with crock- reading (6) 17 Written composition (5) er y? (6) 25
      586 words
    • Miscellaneous
      Page 21 Miscellaneous Column 2
      710 21 RADIO BSC Highlight Radio S Highlight The Magician's Nephew, 7.30pm The Temasek Ensemble, 10.15pm A story about a young girl. Digory. The Temasek Ensemble, led by Pavel who comes to live with her Uncle Prantl. in a concert recorded on Nov Andrew While playing in the attic 21 at the
      710 words
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  • Article, Illustration
    Lock icon Japan's discount rate hike not effective, say analysts
    645 22 CENTRAL BANK MOVE DOES LITTLE TO STRENGTHEN THE YEN AP THE LATEST MOVE by Japan's central bank to boost interest rates, aimed at curbing inflation, has done little so far to strengthen the yen and is unlikely to seriously discourage capital spending,
    AP  -  645 words
  • Article
    Lock icon Keidanren plans East Europe trip
    89 22 Reuter JAPAN'S leading business group may send an economic mission to Eastern European countries to help with economic reforms, the chairman of the Japan Federation of Economic Organisations (Keidanren) said. "It would be desirable to send the mission after elections in each country are expected
    Reuter  -  89 words
  • Article
    Pawnbrokers to phase out borrowings from public
    261 22 PAWNBROKERS have been given a one-year grace period to phase out their borrowings from the public. The Registrar of Pawnbrokers said in a statement yesterday that the action stems from a recent report of the Auditor-Gen-eral on the operations of the Pawnbrokers Registry.
    261 words
  • Article
    Lock icon Japanese-born US millionaire buys Europe's top hotel
    151 22 AFP JAPANESE-BORN American millionaire Rocky Aoki has bought West Germany's most prestigious hotel, the 175-bedroom Vierjahreszeiten (Four Seasons). The price he paid for the hotel on the edge of Lake Alster was not disclosed, although press reports in West Germany put it at
    AFP  -  151 words
  • Article
    Lock icon China blasts Gorbachev for undermining socialism in East Europe
    378 22 Reuter CHINA has blasted Soviet leader Mikhail Gorbachev for undermining socialism in Eastern Europe in an internal document which also tells Chinese officials what to think and say about the popular uprising in Romania. Officials said yesterday they had been ordered
    Reuter  -  378 words
  • Article
    Lock icon Surrender or die, Romania tells Ceausescu gunmen
    398 22 Reuter ROMANIAN government forces yesterday set a deadline for former secret police gunmen loyal to Nicolae Ceausescu to surrender, while the Romanian National Bank was asking banks around the world to freeze any assets the executed dictator held in accounts abroad. The National
    Reuter  -  398 words
  • Article
    Lock icon Vatican says it cannot hand over Noriega to US
    318 22 Reuter THE VATICAN said yesterday it could see no way of handing over deposed Panamanian leader General Manuel Antonio Noriega to the United States. Chief Vatican spokesman Joaquin Navarro-Valls said: "Based on my knowledge of international law and diplomatic procedures, I
    Reuter  -  318 words
  • Article
    Lock icon Jakarta expects another record investment year
    340 22 Reuter RECORD FOREIGN investment in Indonesia in 1989 should be surpassed next year as Asian nations. looking tor raw materials and a cheap labour force, continue to pour money into the country, officials said. As Western nations turn their attention to Eastern Europe, Indonesia
    Reuter  -  340 words
  • Article
    Lock icon Chinese must 'suffer' in 1990: Li Peng
    317 22 AFP THE CHINESE people must be ready to "suffer" in 1990 as Beijing continues its policy of tough economic austerity. Premier Li Peng was quoted as saying yesterday. In an article to be published in Seeking Truth, the Communist Party's theoretical journal, Mr
    AFP  -  317 words
  • Article
    Lock icon Comex gold and silver
    65 22 Reuter COMEX gold futures advanced in early trade yesterday. February gold was up US$2.2O an ounce at U*****.20 an ounce. February peaked at U*****.50 shortly alter the opening. The other months registered advances of between US$2.3O and US$l.lO. March silver was off 3.9 cents an ounce
    Reuter  -  65 words
  • LATE FILE
    • Article
      Lock icon New Chinese economic planner
      61 22 AFP CHINA'S top economic planner Yao Yilin has been replaced by a Soviet-trained specialist in heavy industry. The New China News Agency said yesterday that Mr Yao, 72. would be succeeded by Zou Jiahua, 63. a Shanghai native who since 1968 had been minister of machinebuilding
      AFP  -  61 words
    • Article
      Lock icon Mitsui in Indonesian order
      47 22 Reuter MJTSUI and Co Ltd, Toyo Engineering Corp and Toyo Menka Kaisha Ltd have won a fertiliser plant order worth 21.70 billion yen from from PT Pupuk Sriwidjaja, Indonesia's state public fertiliser company, and PT Rekayasa Industri, the state public engineering firm. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Chinese aid for Myanmar
      49 22 Reuter CHINA has given Myanmar an interest-free loan of US$lO.5 million for a rail and road project, Yangoon radio reported yesterday. The West and Japan have cut aid to Myanmar since the army seized power in September 1988 and killed more than 1,000 unarmed protesters.
      Reuter  -  49 words
    • Article
      Lock icon Charges against two ex-generals
      45 22 Reuter PHILIPPINE government lawyers yesterday filed rebellion charges against two retired army generals for their alleged role in this month's failed coup. A government prosecutor will decide if there is sufficient evidence to charge Felix Brawner and Jaime Echevarria in court.
      Reuter  -  45 words
    • Article
      Lock icon Khmer Rouge attack
      35 22 AFP KHMER Rouge guerillas have destroyed government defensive positions along the east bank of the Mekong river in eastern Cambodia near the Vietnamese border, the resistance group s radio said yesterday. AFP
      AFP  -  35 words
    • Article
      Lock icon Italy signs pact with Vietnam
      27 22 AP ITALIAN Foreign Minister Gianni de Michelis concluded an official visit to Vietnam yesterday after signing an agreement on economic cooperation. AP
      AP  -  27 words
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      119 22 w^sSSfkH^EA^^BH^k' A BIGGER BANG FOR THE AEROSPACE BUCK s* It pays to advertise in Business Times' h\ ASIAN AERSPACE'9O supplement y the official business daily of the air show. y As in past years, Business Times will publish an aerospace supplement, on February 14, 1990 the very day that ASIAN
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      120 22 Landsborough the primer riwer and wilderness Adventure 3 DAYS US3BO 00. Beginning in Mount Cook National Park drifting down miles of untouched forest, shooting many chaNanglng raptda. passing 10.000 foot mountains imposing glaciers PRICE INCLUDES: All meals. Experienced Gudes rafting equipment and Tents (OCT APRIL onlyL DAILY RAFTING DAY US$4O
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon MHI completes 28 ships in 1989
        99 23 AFP MITSUBISHI Heavy Industries Ltd (MHI), Japan s largest shipbuilder, said yesterday its three shipyards at Nagasaki, Kobe and Shimonoseki completed 28 vessels totalling 958,005 gross tonnes in 1989. The figure, including seven ships for export totalling 510,428 gross tonnes, compared with the previous
        AFP  -  99 words
      • Article
        Lock icon Brazil to boost juice exports
        106 23 Reuter A LEADING orange juice exporter said Brazil should be able to boost shipments to take advantage of a severe freeze in Florida on US output but added that more details were still needed. Jose Luiz Cutrale, president of Sucocitrico Cutrale, said: "It's going to
        Reuter  -  106 words
      • Article
        Lock icon Ship carrying scrap grounded
        45 23 Reuter THE St Vincent and Grenadines-registered Volga ran aground 55 miles off Kutubdia lighthouse, Bangladesh, on Dec 21, Lloyd's Shipping Intelligence Service said. By Christmas, it was listing approximately 25 degrees to starboard and gradually drifting on the high tide. Reuter
        Reuter  -  45 words
      • Article
        Lock icon Ore carrier anchored In River Plate
        89 23 Reuter THE ARGENTINE ore carrier Sudestada is at anchor at Kilometre 81 on the River Plate following damage to its steering gear sustained on Dec 9, Lloyd's Shipping Intelligence Service said in London. The 55,227 dwt vessel, which was bound for Campana with approximately
        Reuter  -  89 words
      • Article
        Lock icon Dover port sees more traffic
        95 23 Fairplay THE UNITED KINGDOM port of Dover has recorded its highest traffic throughput figures for October. Statistics issued by the Dover Harbour Board show that 153,727 motorists took their vehicles across the channel during the month, up 13.6 per cent over the same month last
        Fairplay  -  95 words
    • Article
      Lock icon South Korean shipyards receive record orders
      169 23 AFP SOUTH KOREAN shipyards took in orders worth a record US$3.3 billion in 1989 after years of sagging sales, government officials and business sources said. The country's four exporting shipyards received foreign orders this year as of Tuesday for 3.28 million tonnes of shipping
      AFP  -  169 words
    • Article
      Lock icon Panama Canal not operating 24 hours
      185 23 Reuter A PANAMA Canal Commission spokeswoman said on Tuesday that the canal was still operating just 16 hours a day following the US invasion and said a White House statement that it was open around the clock was wrong. "It operated 16 hours today
      Reuter  -  185 words
    • Article
      VDR passes two million grt mark
      95 23 THE West German second shipping register has passed the two million gross registered ton (grt) mark just six months after it started. The Hamburg-based Verband Deutscher Reeder (VDR) listed some 328 vessels totalling 2.2 million grt at the start of November. It said that
      95 words
    • Article
      Index to advertisers
      953 23 Pag. Column ABC Contoinerline Thirteen 5 Accord Shpg Ten 3/4 Albotros Sea Air Seven 5 ARC line S«*en 5 API Five 3-5 AfS Thirteen 3 Arrow lines Nine S Asian Express Six 4/5 ANl Three 1/2 ASCI Five I Bolt Canada line Eleven 4/5 Bolt Orient line
      953 words
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      Schenker to start warehousing, transportation services
      421 23  -  By YUSMAN NAWAZIR SCHENKER Malaysia will run its own warehouse and boost its road transportation fleet in a move to expand its freight forwarding business. It is a joint venture company between Schenker Co GmbH and Tujuan Utama Sdn Bhd. "We hope to introduce
      421 words
    • Article, Illustration
      Singapore Marine Containers doubles refurbishing capacity
      408 23  -  By RAHITA ELIAS SEA CONTAINERS' subsidiary, Singapore Marine Containers, has more than doubled its container refurbishing capacity with the completion of its second facility in Jurong. The new Ss2 million centre, completed last month, will "help ease the current capacity shortage in container refurbishing
      408 words
    • Article
      CGM orders new container ship
      328 23  -  By JEAN FOONG FRENCH CARRIER Compagnie Generate Maritime (CGM) is boosting its fleet with yet another newbuilding, to be delivered in March 1992. Sources say that the 50,900 deadweight tonne (dwt) ship costs some US$BO million. This vessel, which can carry some 4,425 twen-ty-foot containers,
      328 words
    • Article, Illustration
      A year to remember — or was it?
      1337 24 A year to remember or was it? 1989 saw many changes in the world shipping industry. This article from the Lloyd's Ship Manager takes a look at the performances of the various sectors over the last 12 months and will appear in two parts. The second part will continue tomorrow.
      1,337 words
    • Article
      Cockett bunker report
      1019 24 THIS twice weekly report, complied by Cockett Marine Oil Ltd. shows price rangee in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
      1,019 words
    • Article
      Lock icon Colombo Port bounces back from strikes
      590 24 Reuter COLOMBO PORT it buzzing with activity again after rebel-inspired strikes paralysed business earlier this year, and Sri Lankan authorities are pressing ahead with ambitious expansion plans. The port one of south Asia's busiest and a major trans-shipment centre for regional trade, was crippled
      Reuter  -  590 words
    • Article
      SHIPS IN PORTS
      1423 24 AT CONVENTIONAL WHARVES Vtml Voy No i Arrival (tartar. Atlontij A IA K34 alongside 31.12/ 0600 Beihe 6 K3I alongside 02.01/0600 Devo OC-134 KI8 alongside 26.12/2300 Equotor Groc 19/89E K20 alongside 26.12/0400 Fuji Mom 1 (PI K36 olongside 29.12/ 1600 Hoifeng 2/89 K29 alongside 29.12/2300 Jocek Mokze
      1,423 words
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      Shipping diary
      889 25 1990 Jan 4-14 International boat show, Earls Court, London. Jan 9 Technical developments in marine refrigeration, technical meeting, Institute of Marine Engineers, 1730 hours (GMT), The Memorial Building, 76 Mark Lane, London EC3. Jan 15-Sept 30 Diploma In Shipping A Port Management: Conducted by Port of Singapore Authority
      889 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8756 30 spurns 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
      8,756 words
    • Article, Illustration
      HK losing transhipment cargoes to Singapore
      528 36 HONGKONG is losing transhipment cargoes to Singapore due to the colony's port pricing policy, says a senior Hongkong marine official. In a South China Morning Post report, Mr lan Strachan, Hongkong's Deputy Director of Marine, said: "It's touch and go whether Singapore will catch
      528 words
    • Article
      Lock icon Repair work at record low for Japanese yards
      253 36 Lloyd's List TWO THOUSANO and two ships totalling 21,769.000 tons gross were repaired in Japan in the first half of the current financial year, according to a survey by the Shipbuilders' Association of Japan. The total number of ships and tonnage repaired
      Lloyd's List  -  253 words
    • Article
      Lock icon NYK chief expects gain in cargo traffic on Pacific routes
      331 36 The Journal of Commerce FREIGHT TRAFFIC on trans-Pacific routes to North America will expand by 5 per cent eastbound and by 7 per cent on westbound routes next year, the president of a major Japanese shipping line predicted. Jiro Nemoto,
      The Journal of Commerce  -  331 words
    • Article
      Encouraging throughput growth
      94 36 ALTHOUGH Hongkong port is not matching up to its outstanding performance in the past, the colony's outgoing director of marine said the port can expect to reach ia throughput of 4.2 m TEUs compared with some 4.1 m TEUs last year. "This is very encouraging growth in
      94 words
    • Article
      Thailand sets new rules tor salvage of sunken vessels
      401 36 THE THAI Harbour Department has introduced new regulstions for the salvage of sunken vessels to stop the clogging up of the nation's vital waterways, says director-general Amphon Teyaporn. A Bangkok Post report says that the department can now put up for
      401 words
    • Article, Illustration
      Lock icon Portland experiences growth of 146 pc in intermodal moves
      289 36 Containerisation International THE PORT of Portland in the US has experienced growth of 146 per cent in intermodal moves during the third quarter of 1969 compared with 1988. Until end-September, the port handled inbound and outbound rail movements of 20.178 units,
      Containerisation International  -  289 words
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      31 23 fcSpißiijjJ A lively ■HISS way with mm Available at all good bookshops Federal Publications For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
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      17 23 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
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      Page 23 Advertisements Column 3
      71 23 How to look after @15 covering every popular make Availabit uxtkiy at mqjor STP Distributors bookshops **d news-stands ON SALE SOON I w i Tk iI C i I n I K >1 MMffi 1 M/V W «i 1,1 mifiy w 9n^ijpi i k IRlSm^w m kuZttifl nflJf W Moving
      71 words
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      Page 23 Advertisements Column 4
      165 23 INSIDE 1989 a year to remember? WITH PROMISES of better rates, secure employment, a marine industry at last emerging from the morass, the last year of the decade was one to look forward to. It was a year with high expectations but, as is often the case, it was to
      165 words
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      87 24 Contact telephone numbers (Tanjong Pagar Terminal) Section 1 Section 2 Section 3 Berth telephone Berth telephone Berth telephone CI *****20/*****92 C 4 —*****24 CS —*****63 CIN *****20 C 5 *****43/*****45 C 9 —*****84 CIS *****92 C5N—*****43 ClO *****70 C 2 *****51/*****53 CSS *****45 Cl 2 —*****54/*****42 C2N —*****53 C 6
      87 words
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      2204 25 jAAOIN< SHIMHfi A«HCIES \lllf/ 200 Cantonment Road #12 05 Southpomt, Singapore 0208 "Ww Tet *****11 TELEX NO RS ***** WffTTTlll TERMINAI/CFS Trl *****18 220 1 EWffl I BOOKIN6S Tel *****34 23S PESAKA J Alt 01 HE SHIPPING AGENCIES SON BHD WVM PORT KELANG TEL *****18 Tele« No. MA*****/*A3970l 1. I
      2,204 words
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      Page 25 Advertisements Column 2
      2264 25 Veaeel Voy ETA I ETD "Port 'Penang 1 Kfog DESTINATIONS J;' Th» week M Oakland M Closing Time Feeder by |BBnSnBBHEEE&HE9QE&ttI9H9fidMdQffIfIBEHfIHHIHi xy 12 2300 HRS M Fare© CFS 30/12 1300 MRS M TaufO OAK LQB MOU MEM ATI MIA CMS BAL PHL NYC MOM JOB M OAKLAND 9002 31'12 31/12
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      1085 26 rottbvmmH VOY WO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE CITY OF EDINBURGH 87/526 28/12 22/1 18/1 18/1 15/1 21/1 ORIENTAL BAY 03/502 3/1 5/1 23/1 25/1 27/1 28/1 30/1 KASUGA 1 07/501 4/1 20/1 23/1 25/1 22/1 28/1 BONN EXPRESS 05/505 11/1 12/1 30/1 2/2 472
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      Page 26 Advertisements Column 2
      681 26 [SOUTH PACIFIC SERVICE I SIN LAE SUV PPT I ISLA FLOREANA' 26/1 7/2 14/2 20/2 DIRECT CHILE SERVICE I SIN ANF IQQ VAP I ISLA FLOREANA' 26/1 S/3 6/3 11/3 Agents: I Singapore 2X***** Bookings: *****06 I Johore: 07-*****2 NORTHBOUND TO UKC tTW RDM/ADAM HBG NULL (U.K.) CLYOCBANK V-27N 3VU
      681 words
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      Page 26 Advertisements Column 3
      1297 26 BOllgIA &XMM t REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CUB PfiS ALC BCL FEL HAM BRE ROT ANT LMA (VIA (VIA (VIA ALG) HAM) feOT) NORASIA AL-MUNTA2AH 8940-3 30/12 03/01 14/01 21/01 23/01 25/01 27/01 28/01 29/01 30/01 31/01 NORASIA SUSAN BMI-3 05/01 09/01 22/01 27/01
      1,297 words
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      1384 27 iuuuvi) Auutdunjf A#vvviuw& Bg Steamers Maritime Holdings Ltd P&o Pi STRAITS SHIPPIMG| 11 fSSfev Containers mm S aor, P Klant S tan H'kwi I'hnwi R'taa La* 10*00* UPttSS XT »U >u>. M* W! n» 2W ACCEPTS CARGO DUE SAILS CITY Of Edinburgh aiu W M W Wj 'STRAITS VENTURE VOIE
      1,384 words
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      Page 27 Advertisements Column 2
      1515 27 TQ: EVRQRS TO: FAR EAST QUEENSWAY BRIDGE 012W 3*17 I*l 5T ST 5f SJ W 1M 12/1 I*l sanr s ss si s si si SrEr? s s a 3 CHOYANC PARK ORM 2*l 07/2 o*2 o*2 11/2 12/2 "iK" 2S 12 HAJIN OAKLAND OMR 17/1 I*l I*2 If# I*2
      1,515 words
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      Page 27 Advertisements Column 3
      337 27 STINTS/ JAMR/ STOUTS SONNE SPECIALIST IN RO-RO& HEAVY LIFTS VESSEL COSMIC SEKI COSm S^ TRADER MATSUYAMA PIONEER VOY. NO. 5 U 3 Spore 30/12 7/1 P. Kelang 4/1 VI Ponang Hong Konc Yokohama 24/1 Nagoya 22/1 21/1 4/2 Osaka 25/1 Senboku 1/2 Moji Funabashi *For Discharging Only MOTE: ALSO CALLING
      337 words
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      754 28 tj ■■■■■ippv i p vvnvpvPßfl (HDUHMta IRANIAN SERVICE I Singapore Loading for:- M IRAN EKRAM PJL73O SLO BANDAR ABBAS TTtOWAV A IVf '1 B| Ikl Wmk Kil^MiUAyd C»AM/»"»"' «MOTP» (B/BULK CONTAINER) ETA SPORE GUAM SAIPAN SPARKLE' V 4 29-30 DEC 10-11 JAN 12 JAN SPARKLE V 5 22-23 JAN 3-4
      754 words
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      840 28 I (3) HANJIN SHIPPING FULL CONTAINER SERVICE I S par* I LtHjvrt R'dim H'kyrf I'havM Fttow* rilDf« VS. UN 11* MAIN. LAX OAK 30/1? 17/1 11/1 19/1 21/1 22/1 CMOVANC PAD* OOK 1/1 N ttOUl MK Xfl M 6/1 24/1 25/1 2C/I »1 Till NANJIN OAKLANO NH 1/1 N HOMO
      840 words
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      1412 28 —k f i —I T »J ■TPT^TT^^k W. SGP HKC KSC KLC PUS HKT OSK TTO ML LHV MM ROM FIX NK JBP" ®"J"I 2! w w www VII wanwvitnn www t!cl ww wwwwtwwwwv V 9 JB 9&*fl J* A vn nnwtw vji annnTkviWWWWW w*t| li d w m wi
      1,412 words
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      1283 29 PACIFIC INTERNATIONAL LINES (PTE) LTD J mIHV p,l Building, 140 Cecil Street #0300. Singapore 0106, Tel: *****33 SBY VOY HKQ~ VOK MOO KOB BUS KEE KAO HKQ S**?-.™-. lis Srtn 7/01 I<Wl 90NB IWI nm mOl 2781 20/01 2/02 *m tm JtUff S3SB 12/01 18/01 17/01 54M8 2881 W W
      1,283 words
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      Page 29 Advertisements Column 2
      586 29 V# Vm "f \/"7 I EXPRESS CONTAINER SERVICE TO UK/CONTINENT rraM P AIAMC (TON HAH I'HAVtN ROAM MVRf jmtm im~* *pi aw w an an an an mn- an an an an an m Mm vi vi an an an an r u>«» i vi an an an an an
      586 words
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      363 29 CW/^SAGET^^ A Joint Europe Service Of: rxi«MwtiAiMwn»* rpxnmi iuw r S Unas kmhimmp mm VSL/VOV SPORE R'DAM/ H'BURQ BREMEN ANTWERP A'OAM S PANJANO24WB 20-23/1 17/2 22/2 2S/2 2*2 SRIWIJATA(2M»B IS-11/2 14/3 11/] 21/3 2*3 FAST TRANSIT TUNE ACCEPTMO BREAK BULK/CONTAINERISEO CARGO to Indwmoni Also accopMng cargo to Pmhliwf I. Port
      363 words
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      432 29 Waft MYANMA ttßßk HVE STAR LINE t (Burmese National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Penang Bangkok PINYA VMSW 23/21 DEC MERGUI vmr 24/30 DEC HPA-AN VI47W 1012 JAN PAGAN VISOW 14/14 JAN THE BANK LINE I EXPRESS TO PAPUA NEW GUINEA I COLUMBUS SINGAPORE V4S Ml* MORAYBANK VI6S
      432 words
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      307 30 1 a fli MAC-NELS AGENCIES PTE LTD., SINGAPORE TEL: *****02(1MP) *****22(EXP) PENANG TEL: (04) *****6 KK TEL: (088) *****0 UrTTTTTj PORT KELANG TEL: m *****77 KUCHING TEL: (082) *****3 LJ\y VzJ J. BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 FREJA LINES. DENMARK "~EAST MALAYSIA MONTHLY USA/EUROPE BREAKBULK/SEMI-CONT LINE Door-to-door
      307 words
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      Page 30 Advertisements Column 2
      170 30 FCL/LCL Acceptance Weekly consol at our CFS to AkMbi Sydney, Melbourne, Remantte, Brisbane, Adelaide Mm ZsaMc ai Ports ISfe Afi Ports fan*/*: AH Major Ports fir East: Bangkok, Hongkong, Keeking, Kaoshiung, Manila, Tokyo, Yokohama, Kobe Warehousing A Transportation (1988) Pta Ltd Direct Tel: 861-5060. 861-5324 Reception. 861-1911 Tlx. RS *****
      170 words
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      Page 30 Advertisements Column 3
      145 30 PT. PELAVARAN MUTIABA SAMUPBA A6UN6 KUALA SIAK IV 03/01 BAT All (BATU AMPAR/SEKUPANG) KUALA SIAK II 05/01 PEKAN BARU/PERAWANG SAMUDERA 102 10/01 DUMAI/PERAWANG PALMA SEJATI lljoi SAMARINDA/BALIKPAPAN 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUHAI 3 vessels (weeklv) to BATAM 8 SUMATRA PORTS Also accepting cargo for ports in Jawa Kalimatan. We
      145 words
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      Page 30 Advertisements Column 4
      68 30 CH NO. **********10 BANGKOK VESSEL/VOY SIN BKK Piya Bhum 206H 29-30/12 1-2/1 Ratana Bhum 31N 1-2/1 5-6/1 Sin Bhum 430N 30-31/12 2-3/1 Jaru Bhum 54N 4-5/1 7-8/1 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 ACCEPTING FCL COMTAMERB AND COWVEWTIOWAL CARGO
      68 words
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      812 31 InterCoa MAUI ll\ll IT I IT II FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG 7/1 TOKYO 4/1 LE HAVRE 8/1 LAUTOKA 4/1 KEELUNG 7/1 YOKOHAMA 4/1 ROTTERDAM 8/1 SUVA 4/1 MANILA 5/1 KOBE 4/1 UK PORTS 8/1 BANGKOK 6/1 HAMBURG 8/1 BUSAN 4/1 GOTHENBURG 8/1 HONGKONG 4/1 CTTLTTLJLiB^ffIHI^H
      812 words
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      Page 31 Advertisements Column 2
      502 31 ANedtojfd NEDLLOYD OFFERS YOU MORE SAILINGS MORE OFTEN N *ST NecMovd Lines T0 worldwide destinations EXPORT I .mport I NEW ZEALAND NEW ZEALAND/FIJI z—; VESSEL Eb S'port Pkg VtSSEL [~i« *Bkk Sin Stay* Auckland FijKA)N Ptymouth(A) Timaru Lyttelton<B) Dun«din(B) NapMf «Wltnftoo(C) T»urant» n lc)i0flo/W22N 29/,2 30/12 N loMro/8972 Std 30/12
      502 words
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      1119 32 age v-ii ISUSttll VOY *INDO 'PK/PNG [sGP LB CHLS NFK NYC HFX I NEPTUNE JAOE 22 25/12 26/12 21/12 20/1 30/1 1/2 3/2 7/2 I OOCL FORTUNE II 1/1 2/1 4/1 27/1 6/2 1/2 10/2 14/2 AMBASSADOR BRIDGE 26 8/1 9/1 11/1 3/2 13/2 15/2 17/2 21/2 NEPTUNE GARNET 24
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      745 32 AUSTRALIA EXPRESS CONTAINER SERVICE Accapflng FCL/FCL Contains* Singapore P Kttanf Pananf Loadmi lor Mothar Wsl By r~6* By Faadar TULSIOAS V.45 31 Ok Fram/Nalb/Sydn/AiM KALI DAS v.47 31 Jan Jin 25 Jan FramMatbrSydn/Adal TULSIOAS V.46 21 Fab 15 Fab IS Fab Fram/tMb/Sydn/AM KALI OAS V.« 71 Mai 22 Mar 22
      745 words
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      Page 32 Advertisements Column 3
      568 32 GOLDEN LINE 1 GUAN GUAN SHIPPING (PTE) LTD Tatot Av#f SINCAPORE 0104 TEL 534J180 (10 LINES) fai U43M4 STRAITS/PERSIAN GULF SERVICE: S pore P KaUnf Ponang COLDtN BUR Colombo. Karadu, Dubai 1/10 Jan GOLDEN HARVEST Cotombo/Karacki/Oubai 21/20 Jan CHINA SERVICE DAI YlfN SHAN Huanatu/Fufiou In Port Vl~n cu'PP'Mr- rn ocumr.
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      663 32 I VESSEL I ETA SINGAPORE DESTINATION I TIN 0/1 DUIAI. DAMMAR, KUWAIT. 112 A. a/1 DOHA. MUSCAT, BAHRAIN ABU DHABI SHARJAH ITBN Vim JEDOAH (LCL) WEEKLY AQABA, HODEIDAH I TBN a/12.4/1. H.KONC, KOOE. TOKYO, KEELUM6, 111/1 KAOWNG, MANILA. BANGKOK. BUSAN. JAKARTA I TBN 30/12. VI. 7/1 COLOMBO, KARACHI, BOMBAY. I_
      663 words
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      Page 33 Advertisements Column 1
      1720 33 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****53, *****19, AUST/INOIA/PAK-*****18 'MM KM KB USA-*****42/*****16, FAR EAST-*****48 Documentation: *****44/*****14 ZZg Mm fIV Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****0, *****1 .yp* mi> v p M FDB VSL/VOY
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      Page 33 Advertisements Column 2
      1004 33 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 ***** rIRAIIC MMjUM WUft NM TNON6 SNIPPING 127 Poesse Sfcost, Pnm lUhm MS NANOUNG SYSTEM 00 Ml. MO.
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      717 34 DSR LINES I VEB OEUTRACHT/SEEREEDEREI ROSTOCK I INTEGRATED CONTAINER SERVICE I MEMBER OF EACON SERVICE I TO EAST MEDITERRANEAN I NORTH CONTINENT EUROPE I OUTBOUND SIN ICA ANT ROM HBG RST I H. CEGIELSKI SW 29/12 13/01 22/01 22/01 23/01 29/01 E THAELMANN 6*9 06/01 20/01 30*11 30/01 01/02 02/02
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      Page 34 Advertisements Column 2
      1016 34 UtCCONWimONAI6nVICi VMMI P. KLC PNG PC Lending to JIANGCHUAN 26/12 Ro«tar4an/Aflhnrp qpwA rwx cowTAiHKa wa vcb Vmml Plilg Pnj S«on Bkk Hkf Slui Qin«6M YANG FANG KOU Vll9 36/12 JB/U 4/H 11/U 16/61 SNANG CHEN VU6 21/61 23/61 27/61 63/62 67/62 Acmrlmh FCL Cirjo tar all oMwr Chirm* parts all
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      Page 34 Advertisements Column 3
      251 34 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU VSL ETA ETO LOADING FOR OELI INDAH 5.1.90 6.1.90 PANJANG/PK. BALAM NAGA JAYA 15.1.90 16.1.90 PANJANG LAMPUNG JAYA 10.1.90 11.1.90 SEMARANG/PANJANG PINANG JAYA 12.1.90 13.1.90 PANJANG/PK. BALAM PERITA JAYA In Port 3.1.90 PANJANG/JAKARTA ABAOI JAYA 15.1.90 16.1.90 PANJANG PERITA
      251 words
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      Page 34 Advertisements Column 4
      492 34 ir 1 ICA POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES (AFGHANISTAN Hairaton, Tourghundi, Kabul, 1 Herat, Mazar-I-Sharif, J Mashad, Kushka IRAN rDjulfa, Astara J VIA ILYICHEVSK ETD SINGAPORE 29/12, 05/01, 12/01 [EUROPE 7" :To all inland points: VIA VOSTOCHNY Poland,
      492 words
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      Page 34 Advertisements Column 5
      485 34 IBiidIUJJJIJIIJ.IJ.MJJNIIJJ ASEAN PORTS Ngow Hoc* Agency Co Ltd BKK (Tel: *****80) JABU BHUM TNur 21/12 Su» lg PITA BMUM W 2*12 Mmi 1/1 SHI BHUM 438W Sun fl/1 MX 3/1 JEWLIWK 137W Tm 2/1 Fri VI MM BHUM S4W Thur 4/1 Sun 7/1 PITA MUM 2C7N Fri VI W SIRI
      485 words
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      Page 35 Advertisements Column 1
      1004 35 I VESSEL VOY SINGAPORE KHF/DUBAI KARACHI 1 LANKA RUWAN 2W 10/1 22/1 01/2 I LANKA SIRI 133W 26/1 12/1 16/1 .1 LANKA SRIMANI 74W 25/1 22/2 15/2 -I LANKA SRIMATHI 73W 02/2 22/2 15/2 I ALSO ACCEPTING CARGO (FCL/LCL) FOR:- I A) INDIAN FONTS 1 MAMAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY
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      Page 35 Advertisements Column 2
      237 35 ACCEPTING Fa ANO CONVENTIONAL mtra CTA UMW POM VOM ASSAY WONZ aVtt OAMMALAAM. MCttISAaA. OJWOUTI VOY mm MMH MA—W*. HOOKBAH AMOMET IVI PAW—AtAAM. OJMOUTI VOY* I|MB ASBAO, MASBAWA, HOOGOAH ASYOT Wt DAfItSSALAAM MOMSASA. OJMOUTI VOY: JOWB AMAS. MAMAMA. HOOCOAH H KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS
      237 words
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      Page 35 Advertisements Column 3
      675 35 EJJTRT^SaskapaHSLA^ P* PULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER SERVICE I TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE PORTS OF S'PORE. INDONESIA. MALAYSIA THAILAND I ALSO ACCEPTING LCL CARGO TO JKT. PKG. PNG U AND. BKK. FOR BOOKINGS CALL SPECARGO U FORWARDING AT TEL: *****55 I VSL VOY SIN JKT
      675 words
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      Page 35 Advertisements Column 4
      426 35 IEIIELI lit W 111 CH Ml H~T~ PAITHOON 31W SLD 10/1 VERMILION BAY 9H IN PT 10/1 ILOVIK 91N 30/12 6/1 P STAROSTIN ISI9O 1/1 8/1 MO JI 16* 2H 19/1 TIGER RIVER 82CNB 6/1 lift SUSAK 93N 7/1 14/1 ILOVIK 94N 13/1 20/1 A GONCHAROV ***** 13/1 10/1 SUPANYA
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      Page 35 Advertisements Column 5
      199 35 TO AUSTRALIA/NEW ZEALAND BBS m Hi ~ua US ~nH oh mi c. venous m~ ~0/\ a/i ~vh ~m/i w 5 Aimwroi «i~ ao *a w "55 55 TUT EXPRCSS W~ ~Bff M W "55 B» W Alto accepting cJf|D to;AUSTRALIA AdaUMt. Mm NEW ZEALAND Wellii«ton. Naptar. CkrMdMreh TO USA/CANADA Wl
      199 words
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      Page 36 Advertisements Column 1
      773 36 OUR YEAR END LOADER WILL GET YOUR GOODS TO THE U.S.A. AHEAD OF EVERYBODY "ALLIGATOR FORTUNE" VOY: ***** ETA SIN: 31/12/89 0800 HRS ETD SIN: 31/12/89 2000 HRS ETA LAX: 20/1/90 AM 4 FCL CLOSING: 30/12/89 2400 HRS LCL CLOSING: 30/12/89 1500 HRS r «anv»raTQf FHNWJrNMDCMMVMMWfIM WW' mm. ~wr ton
      773 words
  • Page 36 Miscellaneous
    • Miscellaneous
      Page 36 Miscellaneous Column 1
      142 36 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON DEC 28,1880. LEGEND P Temperature V J m Weather Wind d.rection w.th speed m knots Shower M ee Ram Wave height Cloudy Sky Surface winds ore indicated by arrows which fly with the wind Q One full circle represents calm or
      142 words