The Business Times, 19 January 1990

Total Pages: 40
1 40 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 170/12/89 FRIDAY, JANUARY 19, 1990 75 CENTS
    11 words
  • FINANCIAL MARKETS SUMMARY
    • 51 1 Reuter TECHNICAL SUPPORT and bargain buying lifted blue chips much of the way back from early lows at the opening early yesterday. The general market improved as well, though it was still lower. The Dow was off 11 points to 2,648 after being down 18 points earlier.
      Reuter  -  51 words
    • 54 1 AP LONDON shares were sharply lower at midday yesterday, but above their worst levels. Worries about British inflation, interest rates and the bearish movements of world bond markets continued to plague British equities. At about 1215 GMT, the FTSE 100-share index was off 26.1 points, or 1.1 per
      AP  -  54 words
    • 150 1 Stock IndteM Thurtdoy ST Industrials Index 1532.82 (-0.22 BT-MGA Index 775.51 0.58 NST Industrial Index 2,916.85 (-3.37 HK Hang Seng Index 2,771.67 +16.83 Tokyo Nikkei Average *****.46 (-91.68 2) Sydney AH-Ordinaries 1,676.0 (-5.3 Wednesday New York (Dow Jones) 2,659.13(-33.49 London (FT 30 Index) 1,895.3( 19.6 Exchange rates US$. 145.60yen 1.*****M
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  • 575 1 MALAYSIAN FINANCE Minister Datuk Daim Zainuddin has asked the Kuala Lumpur Stock Exchange not to "react wrongly" to measures taken by the Stock Exchange of Singapore to overcome the loss of 182 Malaysian counters following the split between the two
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  • 154 1 Bernama FINANCE MINISTER Datuk Paduka Daim Zainuddin has disclosed that a number of people will be charged in court soon for insider trading on the Kuala Lumpur Stock Exchange (KLSE). The move, believed to be the first prosecution for such
    Bernama  -  154 words
  • 230 1 REGIONAL MARKETS, except for Hongkong, generally closed easier yesterday following Tokyo's lower close. Stocks in Tokyo finished broadly lower after another day of volatile trading with prices fluctuating within a range of almost 500 points. The Nikkei index sank 91.68 points or
    230 words
  • 169 1 AP UNITED STATES consumer prices rose moderate 0.4 per cent in December, despite a cold-weather jump in fuel oil costs, bringing inflation for 1989 to an eightyear high of 4.6 per cent, the US government said yesterday. The 1989 rise in the Labour
    AP  -  169 words
  • 516 1  -  By SOH TIANG KENG Financial Corraspondant THE INLAND Revenue Department (IRD) is giving taxpayers more time to submit their income tax returns this year. IRD officials told BT that for this year's tax returns, which will be dated Feb
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  • 566 1  -  Firm prices and projected strong demand By LILIAN ANG SINGAPORE'S OIL MAJORS, most of which operated their refineries flat out through moat of laat year, are bracing themselves for another busy year. Firm prices of petroleum products, and a projected strong and
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  • 256 1  -  By HONG LEE TIAM THE OVERNIGHT RATE on the Singapore dollar interbank money market soared to 20 per cent yesterday as cashier's orders used to apply for Kim Eng shares were being cleared. Dealers said when issue lead manager
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  • Page 1 Advertisements
    • 234 1 Of LONDON Writing Instruments Fashion Watches Pocket Lighters Executive Gift Sets Ring Ms Dolly Tan for a Free catalogue today. Anton ft Ifcn AQanclaa Pis Ltd TW: 272-1143 AV rCITIBANK TIME\ x Deposit And The Year In Xhe Year the Horse is almost upon us. and right now you can
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    • 220 1 Full report, PAGE 18 Regional Mkts, PAGE 20 World Mkts, PAGE 21 More stories, PAQE 14 |4 i\ Pl[j? HI 1 T? COMPANY SERVICES IKIMI kj J J NEWS 11 12 Aircraft Schedule 4 CityDev buys out L^Ef* 1 Editorial Comment: 6 Hongkong 5 Aussie partner in Re- 15 A
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    • 319 1 [HFifiMs) Quadruple Zoom+Auto Two-Color. A irßWl i t SteuiA&vz. LfrOyic, Club clats IT USED to be that if you had an 18-hole golf couraa, you could call yoursalf a country club and paopla would Una up to join you. Nowadays, If your club's public loos don't hava gold-plated bidats, you'ra
      319 words

  • HOME NEWS
    • 508 2  -  By JEFFREY TSANG,JOHN TAN INVESTMENTS in the chemical sector are expected to grow strongly in 1990, with major projects taking three to five years to implement, said a Economic Development Board report released yesterday. Last year, chemical companies committed $629.5 million,
      508 words
    • 321 2 MOUNT Elizabeth Hospital yesterday opened its $8 million oncology centre which promises cancer patients state-of-the-art radiation therapy. Also, the hospital, owned by US health-care group National Medical Enterprises, has set up a research fund. The NME Cancer Foundation will look into treatment research,
      321 words
    • 70 2 PRIMA, a locally-listed company, donated $1 million yesterday to the National University of Singapore for research into food technology and processing. The departments of Microbiology and Biochemistry at the university will use the money to fund research projects in food biotechnology fermentation,
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    • 343 2  -  *r SANGEETA MULCHAND COURIER GIANT DHL has projected that its turnover in the region will increase from $165 million last year to more than $270 million in 1992. Sales in Singapore are expected to increase by slmost 57 per cent
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    • 448 2  -  By SHOEB KAGDA THE Ministry of Defence (Mindef) will hook up its computers with those of other government bodies aa well aa the private sector in about three years' time, said Brigadier-General (Res) Lee Hsien Loong yesterday at the
      448 words
    • 80 2 HIGHER petrol price and taxi fares helped to push up the Consumer Price Index last month. It waa 3.3 per cent higher over the same month in 1968, or 0.2 per cent higher over November 1900. Taking laat year as a whole, the index roee 2.4
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    • 129 2 LOCAL company Flotronic Technology has won tha Canadian authorities' approval for ita range of electronic ballasts for fluorescent lampe a first for a Singapore company producing such a product "This is not an eaay task since each country has unique safety and performance
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    • 342 3  - BBDO in talks to acquire Spenser Friends by SANGEETA MULCHAND LOCAL advertising agency Spenser ft Friends is raising more than a few eyebrows in the industry by entering into talks on its possible acquisition by American giant BBDO. In a joint statement released yesterday, the two agencies confirmed thst the
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    • 423 3  -  By LILIAN ANG YANGTZE THEATRE, old and disused for the past few yesrs, will soon get s new lease of life as an office complex. The Hongkong-based Deacon Chiu group haa, through its subsidiary, Waldorf Holdinga, bought over the theatre
      423 words
    • 172 3 SINGAPORE will host an annual world communication forum in March, the first time the event is being held outside Japan. The Sixth World Communication Forum aims to put delegates from industrialised and developing countries together to try to solve communication problems. The forum
      172 words
    • 585 3  -  Agent seeks $16,140 per sq m By LEE HAN SHIH, Property Correspondent CONTINUING Its strategy of sloughing off some of its older properties, the listed United Oversees Lend (UOL) has put its namesake building up for sele. An advertisement inviting tenders for UOL Building appeared
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    • 174 3 HONQKONQ tycoon Sir Y K Pao's top hotel man in Aaia. Andreas L Hofer, is leaving his employment for Marina Centre Holdings (MCH), the company that owns the huge Marina Square complex. According to a statement from Omni Hotels Asia Pacific. Mr Hofer
      174 words
    • 164 3 THE Cambodian situation and regional security issues were on the sgends when s visiting Australian Permanent Secretary met Minister of State (Foreign Affairs snd National Development), Peter Sung, yesterday. According to a Ministry of Foreign Affairs statement Richard Woolcott, the Austrslisn Permanent
      164 words
  • Page 2 Advertisements
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      143 words
  • Page 2 Miscellaneous
    • 206 2 Qlobal temperatures and weather forecast lor Jan 19 city Max/ Note OUTLOOK: Occasional Un ahowara In Sw morning rC) and afternoon Report for 24 hours prior Aberdeen 06/03 Showers to 7.30pm on Jon 18 at Amsterdam 08/05 Showers <**»«'* Athens 13/05 dowdy temp........... Auckland 23/14 Foir Aaaoc humidHy ..SO Bangkok
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  • Page 3 Advertisements
    • 263 3 MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY ieii! <11 Mmk a-- < 9% l:dJiU K *m k ara 'v k I-a B9& A. v •ffeIBM helped us switch computer systems over a single weekend?' MONDAY Benny Tan Director. Finarwe/AdminislratMHi Peerless KimmIs. Singapore Pie. lid. No company looks forward lo changing computer systems.
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  • REGIONAL BUSINESS & POLITICS
    • 499 4 6.9 pc growth expected AFP SOUTH-EAST ASIAN economies are likely to grow 6.8 per cent this year, down from 7.4 per cent last yesr but outperforming North-east Asia for the second year in a row, according to Nomura Research Inetitute Inc. The
      AFP  -  499 words
    • 219 4 MBT MALAYSIA is likely to implement this year a proposal to lower the optional retirement age for government employees, which stands at 50 for men and 45 for women. The Public Services Department (PSD) is said to be concluding a report on
      MBT  -  219 words
    • 351 4 AfP CHINA, in its first officisl reaction to talks in Psris this week on Cambodia, on Wednesday welcomed what it called the "positive and realistic'' approach of the five permanent UN Security Council members to organise an end to the civil
      AfP  -  351 words
    • 217 4 AFP SOME 90 MEMBERS of Thailand's Lower House of Parliament have urged Prime Minister Chatichai Choonhavan to block foreign arms shipments to the Cambodian reaistance. Thai News Agency (TNA) said yesterday. The petition also demanded the rapid repatriation of some
      AFP  -  217 words
    • 89 4 Bernama FINANCIAL institutions, particularly banks, were yesterday urged to continue their efforts to help Malaysia's economic growth and avoid action that will jeopardise the economy. Making the call. Selangor Mentri Besar Tan Sri Muhammad Haji Muhammad Taib said such institu- tions should not adopt an
      Bernama  -  89 words
    • 359 5 NYT JAPAN will continue to abide by rts. voluntary restraints on car exports to the United States in fiscal 1990, which starts in April, the" Ministry of International 'Trade and Industry (Miti) announced on Wednesday. Miti officials said that the
      NYT  -  359 words
    • 429 5 Reuter US CARMAKERS said on Wednesday that Japan's decitipn to extend a voluntary ceilon car exports to the United States was not enough, jtfUJ General Motors and Chry•tfr calling the move an empty potHical gesture. Japanese Trade and Industry Minister Hikaru Matsunaga
      Reuter  -  429 words
    • 335 5 Asahi SHINTARO ABE, an influential faction leader of the ruling Liberal Democratic Party (LDP), said Japan should aggressively assist Soviet President Mikhail Gorbachev's policy of perestroika in a bid to resolve a long-time territorial dispute with the Soviet Union. His remark was made
      Asahi  -  335 words
    • 318 5 NYT JAPANESE Prime Minister Toshiki Kaifu said he would step down to take responsibility if his Liberal Democratic Party (LDP) fails to maintain its majority in the House of Representatives following forthcoming general elections. Resigning to take the blame
      NYT  -  318 words
    • 236 5 Reuter WASHINGTON and Beijing are working on a deal that could allow a top disaident to leave China in exchange for the resumption of much needed World Bank loans, diplomats and political analysts said in Tokyo on Wednesday. US diplomats declined to comment, but an
      Reuter  -  236 words
    • 274 5 Reuter JAPAN may contribute observational equipment to a Soviet space mission to Mars planned for 1904, Jun Nishimura, the di-rector-general of the Institute of Space and Astronautical Science (ISAS). said yesterday. Mr Nishimura said he proposed several types of instruments for
      Reuter  -  274 words
    • 645 5  -  Most forecasts range from 3pc to 4pc By FOO CHOY PENG, Hongkong Correspondent HONGKONG is likely to M 6 yet another year of slow growth this year, according to the colony's economists and leading banks. Their projections vary, but most
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    • 344 5  -  -by FOO CHOY PENG A MONTH after China devalued its currency, speculation that yet another cut is on the cards has surfaced in Hongkong. The talk is that Beijing will devalue the renminbi or yuan by between 10 per cent and 25 per cent
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  • 1074 4 ARRIVALS DEPARTURES Operator Sorvtc* local From Operator Sorvte* local For ~»> numbcr Mm* number Km* MAS MH640 0(30 KUl FOX PM66 0300 KUL/HKG/NtT/" SU SO403 0030 DMA MAS MM651 0900 PEN JPL MAS MH630 0920 KUl KAL KE686 0S10 SB. StA SO103 0950 KUl MUS fitlMVO <
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  • Page 4 Advertisements

  • Page 5 Advertisements
    • 132 5 Dubcek urges help for pereatrolka, gals human rights prize, PAGE ASSOCIATE EDITOR MOTORING Singapore's leading motoring magazine seeks a dynamic business journalist with some knowledge of the automobile industry. An attractive package will be offered to the successful applicant who will be considered for the Editor's position within a year
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    • 166 5 SWISS MADE WELI.TIM It. SINGAPORE P T f LTD 435 Orchard Roac #12-01 Wtoma AM S-ngajxye 0923 1 Daalarm AM Watches Leather Pto Lid Tel *****73 •Am Welch Centre Pto Ltd Tel *****06 Chtw Oeong Watch Centre Tal *****87 CtoaaK Wale* CoPto Lid Tal *****61 Cortina Watch Canto Pla Ontre
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  • WORLD BUSINESS & POLITICS
    • 570 6 Manufacturing remained sluggish with 25,000 jobs lost AP AMERICA'S industrial production rose 0.4 per cent in December, the second consecutive monthly gain, as unseasonably cold weather fired up output by utilities, the US government said on Wednesday. However, manufacturing remained sluggish, partly because of the
      AP  -  570 words
    • 347 6 AFP SEVERAL Western firms have sold high-technology equipment and know-how to East Germany, breaching Cocom rules governing exports to the East bloc, a Munich magazine said on Wednesday. The Quick weekly said two West German electronics and computer companies, Siemens and
      AFP  -  347 words
    • 329 6 AFP WEST GERMAN Chancellor Helmut Kohl, in a landmark speech seeking to dispel fears of German reunification, said in Paris on Wednesday that his government was firmly committed to strengthening the EC. Western Europeans must "systematically and forcefully develop the European Community"
      AFP  -  329 words
    • 233 6 Reuter BRAZIL'S foreign debt totalled US$ll4.B billion last year, 5.3 per cent higher than it had eetimatsd, the Central Bank aald on Wedneeday. Four months ago, the bank estimated that foreign debt would total US$lOO billion, down 3.7 per cent from U*****.2 billion
      Reuter  -  233 words
    • 200 6 AP TURKISH President Turgut Ozal said his country will not interfere in the conflict raging in the Soviet Caucus. and took pains to distance Turkey from its ethnic ties to the Azerbaijani people. He also assured Syria and Iraq that his country's decision to divert
      AP  -  200 words
    • 438 6 Reuter THE SOVIET UNION, increasingly eager to get Western help lor its siting economy, is holding talks in Psris with the Organisation for Economic Cooperation and Development. The OECO ssid in s statement on Wednesday that Soviet officials. led by Deputy Foreign
      Reuter  -  438 words
    • 371 6 AP EUROPEAN COMMISSION President Jacques Delors called for a huge boost in economic eld by the European Community nations to the newly emerging democracies in Eastern Europe, saying the move was needed to show "solidarity". He said existing trade
      AP  -  371 words
    • 178 6 Reuter A SENIOR communist party official Mid on Wednesday that Cuba had been working to reform its economy and political system since 1966. well before change began sweeping through Eastern Europe, and called on other countries to respect this procees. Pedro Roes,
      Reuter  -  178 words
    • 276 6 Reuter ALEXANDER DUBCEK, who led the 1968 "Prague Spring" reform movement crushed by Soviet tanks, said on Wednesday that Europe should do all in its power to ensure the success of Soviet perestroika reforms. "The success of perestroika is important for
      Reuter  -  276 words
  • Page 6 Advertisements
    • 276 6 W AN x INCOME EDUCATION All parents wish their children to be one day. The Education Policy can help f you will be presented a parents realise this dream. J Golden Horse after payment of /jr three months' premium. Benefits en orse serve to The policy benefits are: tWMT n?
      276 words
    • 82 6 fe s(| .jk K M I Wg 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 tiling that get done quietly and efficiently. Come stay with us and experience our personal touch and
      82 words
  • Page 6 Miscellaneous
    • 67 6 Doonesbury by garry trudeau USI2N, COLONEL, AFfm tue W/YZGOTTOHNPAm/MENFOR %Sek)R A&XXJKJPON6T\ icsnicuiv CLEAR OUT OF HERB, YOU THE PUdUC FORCE HUHOmWT PROCONSUL, THEY LOME THEM! YOUSTJU CAN6OBACKTOYOUROUN IN THE PDF! EV&VONE THINKS Bin THE 92% OF THE Zinfrnui* PON76ET tUAYof keeping orderi but all neve pone is change people Panamanian
      67 words

  • FOCUS
    • 992 7  -  Soviet citizens have hailed President Mikhail Gorbachev's decision to use troops to quell the fighting in Azerbaijan. Indeed, the Soviet leader's popularity has risen because of his firm reaction to the crisis. ESTHER B FEIN of The New York Times reports from Moscow on the
      992 words
    • 602 7 Reuter THE BLOODSHED in Azerbaijan and Armenia followed a series of incidents of unreet in the Soviet Union since Mr Mikheil Gorbachev came to power in March 1966. The following were the major epieodee: December IM6. Clashes in the Central Aaian republic of
      Reuter  -  602 words
  • Page 7 Advertisements
    • 240 7 M m SB ii-,^— T— —*—'**^^SgBSHSE38 H ycsBasgaggg 1 i 01 jP^aeifcr^J^ H IT' I .1 i| jl ALL JAGUARS ARE CREATED EQUAL. s J -V' > i There's no such thing as 'a poor man's Jaguar'. credentials. The legendary handling is now served by of a new 4 litre
      240 words

  • PERSPECTIVE
    • 547 8 BUSINESS TIMES FRIDAY, JANUARY 19, 1990 REACTIONS following the recent introduction of legislation to maintain religious harmony in Singapore have ranged from unequivocal support to denying its neccessity. This continuing division of opinion, a trend which began almost as soon as the idea of legislation
      547 words
    • 1350 8  -  Singapore's seafood processors are upgrading their products and automating their plants to produce frozen foods for bigger markets. LIM SOON NEO reports. LIM SOON NEO A HOUSEWIFE in a typical Japanese supermarket picks up an attractively packed seafood "TV dinner". She checks to ensure that it
      1,350 words
    • 967 8 The Economist 'IT S A BIG WORLD, and There's Lois to be Done is a current Korean best-sell-er written by Kim Woo Choong, the man who built Daewoo Group into a US$l5 billion buainess in a mere two decades. His book's get-on-with-it title
      The Economist  -  967 words
    • 800 9 The wage gap between blue and white-collar workers in the US widens NYT "ARE YOU BETTER or worse off than you were four years ego?" asked Ronald Reagan in 1960. But George Bush's image-mak-ers chose not to press the rhetorical point in
      NYT  -  800 words
    • 969 9 Sino-Soviet relations IHT A Year AFTER China and the Soviet Union began to advance towards a historic reconciliation, diplomats and .'pdiicy analysts are now trying to calculate the impact of a new freeze in ties between the two communist powers that has
      IHT  -  969 words
  • Page 8 Advertisements
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  • Page 8 Miscellaneous
    • 31 8 f i think of nothing) evtfcY Time 11 I Looking FbKtortßD to \ccse p>u. ve/M?... .V ("think of it i gc-T \r I CHRISTrnptS D>HN£R And J Tonight Py T»-touGMT... CVW^
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  • Page 9 Advertisements
    • 219 9 MORE POWER UNDER YOUR BONNET MORE SPACE OVER YOUR HEAD wr w m- p m JM W W A mA Wf a >5f i V Hr EJ MIrAL fj^^yj&*'' ;s&|jB•* jfe!®*.* I A^fe kv' ****JBk Ny i Introducing the new Volvo 740 GLT. With everything you've come to expect from
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  • SPORTS
    • 554 10 TENNIS AP BORIS BECKER conquered American Scott Davis and sweltering heat yesterday to advance to the third round of the Australian Open tennis championships. The No 2-ranked player in the world, who has never made it past the quarter-finals in four previous attempts, downed
      AP  -  554 words
    • 382 10 SKIING AP IN A LAST-DITCH effort to save the 50th anniversary "Hahnenkamm" downhill ski race tomorrow, the race jury decided on Wednesday to hold a shortened version in two separate runs on the dreaded "Streif" track. The downhill will be run
      AP  -  382 words
    • 554 10 GOLF AP JOHN COOK, who was on the verge of withdrawing from the Bob Hope Ciaasic, fought off a case of flu on Wednesday and earned a share of a four-way tie for the lead after the first round of the tournsment
      AP  -  554 words
    • 574 10 BASKETBALL AP CHARLES BARKLEY scored 30 points, including s rebound basket and a dunk in the final 11 seconds, giving the Philadelphia 76ers a 112-106 victory over the Detroit Pistons. The 76ers led 66-76 early in the fourth quarter of Wedneaday night's game, but the Pistons
      AP  -  574 words
  • Page 10 Advertisements
    • 205 10 "AN NOU NO Nir THE 1990 FORD TELSTAR!" A smart buy with a smart nevStj j Push a button on the Tbar handle and reduce look, it's available in a 2 litre, the engine revs at cruising speeds by 80%. 12-valve Ghia sedan and an even fuel, engine wear, and
      205 words

  • COMPANIES & MARKETS
    • 438 11  -  By WILLIAM CHIA KAMUNTING CORPORATION has appointed the representative of a .1 Japanese property and leisure group to its board in what could Z be the beginning of a tie-up be- tween the two groups. Kamunting announced yesterday that Mr Yoshiharu Miyake, -&2,
      438 words
    • 446 11  -  -By MAGDALENE NG HAW PAR International Ltd has appointed Dr Hong Hai its president and chief executive officer to strengthen the management of the diversified group. His appointment takes effect from Feb 1. Charlie Phua will remain managing director of
      446 words
    • 138 11 AFP. THE KUALA LUMPUR Stock Exchange (KLSE) is to introduce fixed-day settlement for share transactions on Feb 5. KLSE executive chairman Nik Mohamed Din Yusoff said settlement would be fixed at five days after transaction so that "everybody can plan their cash flow".
      AFP.  -  138 words
    • 416 11 Bernama THE KUALA Lumpur Stock Exchange (KLSE) is spending Ms 4 million to enhance its securities clearing automated network service (Scans) in line with the upgrading of the semi-automated trading system which had sent business volume soaring, chairman Nik Mohamed Din Oatuk Nik
      Bernama  -  416 words
    • 549 11  -  $19.5 m purchase raises stake to 70pc By MAGDALENE NG CITY DEVELOPMENTS LTD has bought out its Australian partner in the multimillion dollar Republic Plaza project, bringing its interest in the prestigious building to 70 per cent. CityDev said in an announcement
      549 words
  • Page 11 Advertisements
    • 74 11 FOR IMPORTHIS AND EXPORTERS. 0 v>\ SHIPPING TIMES covers all aspects of local and international shipping (except, of course, the really technical aspects). The emphasis is on news that is likely to affect the Business Times reader. Covering the latest trends in the shipping markets, we also carry up-to-date news
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    • 177 11 fv« Vy HP^ ■c p fl East West-USI Insurance: a mark of strength Strength and service are vital qualities to excellent service service that has become consider in selecting your general insurance the traditional hallmark of East West-USI. company. When you choose East West-USI, XT Tir TTCI you get both.
      177 words

  • 342 12 A BT special feature THE DRUMS ROLL toniQht for Singapore's best corporate top cat at the sth Annual Businessman of the Year Awards. This evening, the creme de la creme of the local business fraternity attending the dinner award presentation at the Shangri-La Hotel will
    342 words
  • 334 12 THE ROAD TO HONOUR for winners of the Businessman of the Year and Enterprise awards is long and hard. They go through a rigorous selection process over several months, controlled by strictly enforced standards and criteria. When you're judging the best, there's no room for error. Top
    334 words
  • 91 12 Urn Choo Peng President, Stock Exchange of Singapore Koh Juan Kiat Executive Director, National Productivity Board Cheong Yip Seng Editor-in-Chief, The Straits Times Press (1975) Ud Keith Tay President, Institute of Certified Public Accountants of Singapore Stephen Lee President, Singapore National Employers Federation Ng Soo
    91 words

  • 502 13 THE LIST OF WINNERS of the Businessman of the Year award, though only four years old, is beginning to look like a Who's Who of > business in Singapore. And little wonder. The honour roll includes corporate chieftains such as Fraser Neave > chairman Michael
    502 words
  • Article, Illustration
    342 13 AS SINGAPORE'S leading daily business newspaper, Business Times records, anticipates, and analyses the pulse of the Republic's corporate life. It has become essential reading for local as well as expatriate businessmen as synonymous with starting their working day as the first cup of coffee. Business Times has always
    342 words
  • Article, Illustration
    263 13 THE OTHER SPONSOR of the Businessman of the Year and Enterprise awards. DHL Worldwide, is probably most recently remefrnbered for its part in air expressing movies from around the world for the Second Singapore Film Festival. Besides being the official air express company for the coming Asian Aerospace '90
    263 words

  • COMPANY NEWS
    • 701 14 Jump in KLSE turnover not the reason MBT MALAYSIAN STOCKBROKERS have refuted allegations that they have turned away orders from Singapore brokers because they cannot cope with the unprecedented increase in turnover on the Kuala Lumpur Stock Exchange (KLSE). A Kuala
      MBT  -  701 words
    • 440 14 Bernama MALAYSIAN STOCKBROKERS have defended its "payment-on-purchase" requirement, saying that it was a move to safeguard both the stockbroker and the investor in view of the current erratic movements of the stock market. "It's nothing new," a stockbroker said. "It's within the
      Bernama  -  440 words
    • 377 14 OYL INDUSTRIES Bhd can expand more aggressively with the financial muscle of the Hong Leong group, chairman Tun Omar Yoke Lin Ong told Business Star. He said OYL had too small a capital base (paidup capital is M 516.5 million)
      377 words
    • 394 14 Bernama MOUNT PLEASURE Holding# Bhd has forecast group pre-tax profit of M 511.84 million for the year ending Jan 31, 1991, if its rights issue and acquisition of City Square are completed on March 1, 1990. In a circular to shareholders on
      Bernama  -  394 words
    • 228 14 Bernama PUBLIC BANK Bhd said it paid United World Securities (HK) Ltd HK5162.50 million, being 90 per cent of the adjusted net asset value (NAV) of JCG Finance Company Ltd of HK$l25 million, plus a premium of HK$5O million. Replying to
      Bernama  -  228 words
    • 564 14 Reuter MITSUBISHI CORP's bid for Aristech Chemical Corp of the United States is the fruit of an aggressive drive by the trading house to expand in mergers and acquisitions (M&A) and could signal more
      Reuter  -  564 words
    • 565 14 Sana Reuter INVESTMENT ANALYSTS are lowering their profit horizon for Malaysia Airlines (MAS) as ongoing operational problems that have tarnished its "golden service" image work their way to the bottom line. The high costs of maintaining leased aircraft, expensive shortterm expatriate staff and the cost
      Reuter  -  565 words
  • Page 14 Advertisements
    • 212 14 AIM (gSI ASIAN INSTITUTE OF MANAGEMENT Pasao ae Roxas Makati. Metro-Manila. Philippines Now accepting applications to its masters programs, school year 1990-91 Since it's founding in 1968, the Asian Institute of Management has had one mission: to train professional managers for Asia. It seeks to accomplish this mission mainly through
      212 words
    • 120 14 FOUR CONTAINERS II LOAD OF GENUINE QING-DYNASTY ANTIQUE FURNITURE HAVE JUST ARRIVED. AVAILABLE ARE SOME VERY FINE AND RARE PIECES OF GREAT BEAUTY INVESTMENT VALUE. FOR TRADE A PUBLIC VIEWING AT: El MING CHING ANTIQUE HOUSE No. 5 Tank Road S'pore 0923 (Junction of River Valley Tank Roads) psiffiiNunmumA two-acre
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  • BANKING AND FINANCE
    • 387 15 Reuter CHINA has received advice from top Western central bankers on reforming its banking system and giving new muscle to its central bank. After three days of meetings with senior Chinese officials, Mr Paul Volcker, former chief of the US Federal Reserve,
      Reuter  -  387 words
    • 313 15 AFP REPRESENTATIVES of the Group of Seven (G-7) leading industrialised countries discussed ways to boost the resources of the International Monetary Fund (IMF) in Paris on Wednesday by raising its members' quotas. The increase would allow the fund to play a more
      AFP  -  313 words
    • 3 15
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    • 187 15 AFP MEXICO and its creditor banks are to sign a refinancing package on Feb 4 in Mexico City that will reduce its US$4B billion debt with the commercial banks. The agreement reached last week will reduce Mexico's debt to the banks by US$7.5 billion
      AFP  -  187 words
    • 181 15 Reuter FOREIGN EXCHANGE losses at the State Bank of Pakistan, the country's central bank, badly hit 1988/89 overall profits. Net profit was slashed to 149.8 million rupees (US$7 million) in 1988/89 (July/June) from Rp2.26 billion the year before, it said in its
      Reuter  -  181 words
    • 273 15 Reuter THE GROWING ROLE of the West German mark as a reserve currency could bring risks and has made the Bundesbank's emphasis on currency stability even more important, the central bank said in its monthly report. One danger waa that
      Reuter  -  273 words
    • 467 15 NYT THE government-owned ExportImport Bank of Japan, whose principal mission is to help heavily indebted Third World countries build their economies with low-interest loans, is contemplating its first loans to an industrialised country: the United States. The governors of Arkansas,
      NYT  -  467 words
    • 424 15 Reuter A PROTRACTED boardroom row at Spain's biggest bank. Banco Bilbao Vizcaya, was on the verge of being settled after Bank of Spain governor Mariano Rubio agreed to mediate in the dispute, BBV officials said. The bank has been gripped
      Reuter  -  424 words
    • 322 15 Japanese investments keeping Singapore currency strong: dealers THE SINGAPORE DOLLAR, which touched record highs against the US dollar and Malaysian ringgit this week, is expected to continue its surge against the currencies of its two major trading partners. Yesterday, the Malaysian ringgit
      322 words
    • 172 15 Reuter STANDARD CHARTERED PLC expects profit before charges and other exceptional items for the year to Dec 31, 1969. to be below the £313 million made in 1988. A Standard Chartered official said the lower profit figure, which he did not quantify, was a
      Reuter  -  172 words
  • Page 15 Advertisements
    • 53 15 Closer to You i -■SaM' *$§3? j** I PROVINCIAL by Name, INTERNATIONAL by Nature Now at: 1 Shenton Way 09-01/08 Robina House, Singapore 0106 Tel: *****11 Fax: *****60 Tlx: RS ***** PROSIN Where you can experience •Friendly service from a dedicated team •Efficient handling of all enquiries •Fast claims service
      53 words

  • MONEY AND EXCHANGES
    • 388 16 Reuter A STRONGER New Zealand dollar should leave scope for a fall in short-term interest rates, Reserve Bank governor Don Brash has said. "In general terms, a substantial strengthening in the currency would allow some reduction in short-term interest rates," he said.
      Reuter  -  388 words
    • 270 16 Reuter ASIAN DOLLAR deposit -rates closed little changed after a quiet day's trading. Dealers said the market was awaiting the release of US November housing starts and December consumer price index data for direction. The overnight, weekfixed and one month closed unchanged at Wednesday's level of 85/18
      Reuter  -  270 words
    • 1528 16 94NGAPORE: The US dollar closed higher against most currencies after cautious trading ahead of the release of US December consumer price index (CPI). Dealers said commercial buying on dips and ahort-covering supported the dollar, but Bank of Japfcn intervention capped its topside. It closed at 148.60/70 yen against
      1,528 words
    • 169 16 Gold futures on January 17, 1990 100 My ounca* USS par troy ounca Opw Mg) Im Mk Job 90 412.30 +1.70 Hk 41X00 413.90 410.10 ***** ♦1 JO «*m 41X30 411.30 41X30 414.30 1.50 A#r 417.40 4I9J0 413.70 419.10 I-JO km ***** 434.30 431.00 434.10 1.30 *-9
      169 words
    • 282 16 IMM currency futures ended mixed, after paring initial gains made on a much wider-than-expected US November trade gap. The November US trade deficit waa US$lO.5 billion against market expectations of a US$9.6 billion shortfall. "There was very little followthrough" on the initial rally, said John Bilson, an analyst at
      282 words
    • 43 16 THE overnight rat* on the Singapore money market was up 12-1/2 points at 20 per cent yesterday. Short-term rates were unchanged. S$ Interbank rat** at the dot* yastardayi orm no Ow 30 IS 1-rn* 2—o-k J 7/t Jhmi* S7/I mod* 9
      43 words
    • 97 16 Treasury bills Period Issue Yesterday's doting Day's code Maturity M0 OFFW MCH LOW 3«—ii» A IQ*****T 19.04.90 4.15 4.10 4.10 4.10 0 monmi 1 y*or •Y*****Z 1S.10.90 4.25 4.20 Qovsi rnmsnt n< >tss and bonds 1 Period Isso* Maturity Coupon Yesterday's dosing Day's cod* rat* M0 OFFER
      97 words
    • 153 16 'MnlMftimratifll Vm prim* Iwdhg ralM of 12 ma|ar tanks In t'porc Interbank marfcat rates (ofter/bld) on Jan 18 US$ DM SWFC Y«n 7 4mrt 1/4 lll/M-MIVM 7 13/1* ll/l* S/» 1/a S/t 1/a I a* 1/4 IS 3/1*—1/1* 1-7 7/1 11/14 —*/l* 4 11/14—11/14 la* *3/* 1/4
      153 words
    • 1301 16 CURRENCY FUTURES OPTIONS OUUT Thursday jam BCHEMARK (SM4CX) Mry 18 1990 On Dm iMpM S3 bOT Lm 0a0 S3 54 JAPAI MM VIM (M0 ■X) OM 1 MM 1 t 1 71 HN» Lw 0M MM! Lam OM 73 n 7% CURRENCY FUTURES OPTIONS IMM Wod wodoy, January 17,
      1,301 words
    • 660 16 SIMEX Eurodollar futures clooed lower on profit taking and liquidation in active afternoon trade, dealers said. "Traders are awaiting market direction from the release of US December consumer price index," said a house trader. March fell to 91.65 from Chicago's 91.80 and June to 91.60 from 91.76. Around 25,565
      660 words

  • COMMODITIES
    • 353 17 RAS pricos In S cente/kg, FOB in bilM NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 154.00 155.00N 154.00 155.00 let 1 RSS Feb 90 157.00 157.50 157.00 157.50 Int 1 RSS Mar 160.00 160.50 160.00 160.50 Int 2 RSS OP 151.50 153J0N 151.50 153J0N
      353 words
    • 179 17 Chlnoaa Produce Coconut oil (mS/100Ii«) Exchange n*w drum 122.00 e 2nd hand drums 116.00 noon ciosinQ pncfi on m January 18 (SI/100 kg) £Toi m bu* iXS! 79.00 Copra (MS/100fcg) 89 00 6200 00 No 2 (wnoMhoidort) 57.00 Copro Bangkok Mixed (Ioom) 41.00 v ••ilort Closing prfcos on
      179 words
    • 191 17 London sememe** Commodity T Exchange m (us$/tonn#) «uy«/S.lt.r do** price. Colh M4S/666S on Jan 17 (£/tonne unless (6710/6730) specified). Previous closing 3 montHl 6760/6770 prices In parenthesis. (6830/6840) Con— Settlement 6570(6735) ,565/567) W_ S (I 080 High/Low 575/565 L«Ad Mar 595/597 Cosh 436/428 1415/417) -w. co4/«.i 3-nwmh. 419/420
      191 words
    • 318 17 BINGAPORE: Rubber prices closed slightly easier with February 1 RSS buyer quoted at 157.00 cents a kg, down 0.25 cent from Wednesday's close. Dealers said the market was quiet and featureless throughout the afternoon with prices little changed from the morning s levels. On the TSR-20 Award market, prices
      318 words
    • 159 17 THE Kuala Lumpur Tin Market (KLTM) roaa far— cants to ctoaa at MSI7.M a KQ ■fi#f noKJing rtiaiivviy ttaady on Wadnaaday. Tha rlaa waa attolbutad to a lowar contribution of matal aftar mlnara aold fairly subetantlalty In recent daya for tha approaching wvuntvf niw Iwww ivfiivv niton, dtiitri
      159 words
    • 298 17 HONGKONG: Gold closed firmer on technical buying following a high close in New York on Wednesday. The bullion ia expected to move between US$4O6 to US$4l6 later in New York. Bullion ended at U*****.70/U*****.20 up from New York'a U*****.20/70 cloae. Local gold rose HK$29 to close at HK53,832
      298 words
    • 167 17 Telerate FUEL oil prices opened slightly lower in the morning but came back up in noon trade. Traders attributed this to slightly firmer crude prices in the afternoon. Hsfo futures traded at just over $100 mt after opening more than $1 mt lower from previous day's
      Telerate  -  167 words
    • 534 17 MALAYSIAN CRUDE PALM OIL FUTURES: came under selling pressure on the Kusla Lumpur Commodity Exchange to finish slightly lower. Dealers said the market opened steadier on news that India had bought 18,000 tonnes but prices soon gave way to selling pressure and profit-taking. News that India might only
      534 words
    • 243 17 CBOT soft red winter wheat futures retraced some of the recent losses on light commission house and local buying to cloee 3-1/4 cents to 1/2 cent per buehel higher In moderately light dealings. The market was technically oversold and was vulnerable to a short-covering rally, traders said. The Mexican
      243 words
    • 229 17 CBOT soybean futures eased from midday highs to close lower, pressured by a report that favourable weather helped Argentine farmers complete record soybean sowings with a near doubling in production expected. Traders said the Brazilian soybean crop is also in excellent shape, so soybean rallies will be difficult to
      229 words
    • 289 17 Reuter JAPAN'S crude steel output slould remain over 100 trillion tonnes In 1990, but nay be below 1969's level 01 107.9 million, Industry sources and analysts said. "It will decline to round 105 million tonnes ir 1990 due to an expected dop In exports
      Reuter  -  289 words
    • 110 17 AFP ALGERIA'S Minister' for Mines Sadek Bousopna has replaced Mr Rihftftnu Lukman of NiQeri**«a president of the Organisation of Petroleum Exporting Countries (Opec). a spokesman for the organisation said. Mr Bousaena, who-twd been the organisation's vice-president, took ovist at the beginning of January in
      AFP  -  110 words
    • 357 17 NYT AMERICA'S oil production suffered its biggest single-yesr decline ever in 198, falling by more than half a million btrrela a day, the American Petroleum Irstitute reported on Wednesday Imports surged to make up for the diop in domestic oil production. As
      NYT  -  357 words
  • Page 17 Advertisements
    • 135 17 m A I 5% Singaport '90 a BT special supplement Following a successful debut last year, Business Times' second maritime supplement will be published on February 7,1990 the very day that the Singaport '90 conference and exhibition begins. The supplement will feature exclusive articles written by industry experts on the
      135 words

  • SES
    • 802 18  -  -1, WILLIAM CHIA SHARE PRICES on the Singapore stock exchange were actively traded but closed narrowly mixed as the market alternated between bargain hunting and profit-taking yesterday. Although Wall Street suffered overnight falls, prices on the local bourse opened firmer following an early
      802 words
    • 247 18 Rises ApoMo 324 +12.9% +37 Fas wm 1994 245 5.2% +12 OBS 1200 +40 U« Kim Tah 50# 150 +2.7% +4 Oman Hup 123 +2.5% +3 Imo-Fac TS« 94 64 2.4% +1H LAM 50# 217 +2.4% +5 Fadfk Can 50# 93% +2.2% +2 Stoanwn 20# 162 +1.9% +3
      247 words
    • 222 18 Rites AM 57 +14.0% 7 Sri Horfomoi 64)4 +11.2% 6H Prom* 91H +10.9% +9 Johon Hdgs 50* 79%+104%+7H General Corp 108 9.6% +9% M ftanlariora 106 +8.0% +8 Pegi Maki 92 +7.6% 6* InwH 8hd 5Qf 64% +7.5% +4H SMI 910 +5.8% +50 76 +5.6% +4 MUpho M
      222 words
  • SES SHARE INFORMATION
    • 3228 18 Or*« Qr*a 1tM/tO Td Last Vol Day LmI Quote Dtv Ohr VW Hal U Cap Mgh Low Coda Company Sola +or- fOW) High Low Bayar SaHar C*vr P/E Imll JAN IS SECTION TWO INDUSTRIAL ft COMMERCIAL 200 180 a 1142 Aim Hldga 90* 100 111 M 2J 1.8
      3,228 words
    • 2027 19 Qr'e Qr*» 19M/90 Tel Loot Vol Day Loot Quote W* 01* YTd NH M Cop High Low Codo Company Solo +or- ('000) High Low Buyer SoHor C*vr PIE tmll JAN It HONG KONG STOCKS 960 900 1730 Cheung Kong 900 7 50 720 1341 Hongkong Bank 720 unch
      2,027 words
    • 245 19 17T 52* t 4000 Amtak Eng 200 137 -1 28 138 136 136 138 6.0N 0 6 0.9 174 116 3 150 70* 4008 Fuji Offaat 20t 110 -4 12 110 110 106 111 10.0N 4.6 1J 121 363 330 136 4001 QB HkJga 10* 299 296 296 400N
      245 words
    • 261 19 8000 ASK Computer 1975 1900 9001 Adolf* Coora 1975 4837% 3475 8003 Apple Computer 3812% 3300 3400 8006 Charming S 6007 Cipher Date 6010 Daley Syatema 900. 6011 Dreedner Bank ***** ***** ***** 5000 5000 6012 Erlceeon Tel 5000 ***** ***** 3080 2325 6013 Intel Corpn 3175 3775 3860
      261 words

  • KLSE
    • 472 19 MBT SHARE PRICES failed to sustain a higher opening due to lack of followthrough support and fell back to close mixed on the Kuala Lumpur stock market yesterday. The performance of the market could be considered creditable in view of weaker leads from overseas bourses. Wall Street
      MBT  -  472 words
    • 2547 19 1M0 Laat Vol Day Nat Cap imo Last" Vol Day Nat Cap High Low Company Sala ('000) High Low P/E tmO Htoh Low Company Sala (*000) High Low P/E SmM INDUSTRIALS FINANCE 324 285 AIS8 50# 304 -4 503 314 302 36 6 311.8 1000 796 AMMB 986 10 20
      2,547 words
    • 269 19 Monogers' pric»i Royal Trust Asset Mgt (JOB Management P*"? ""J* .JCffl! for Jan 19 H S'por* Gr Fund 10T .075 iw- 130 2* IT AsnPoc Gr Kind 1.13 I.If Uwbond 1.015* 1.04' Singapore Unit Trust MARA-RomJputra Funds (US$) ThoCo—ore. 130 1 37 OCBC-Asset Mgt F.r« rpujro 674 Ml
      269 words

  • REGIONAL MARKETS
    • 1200 20 Hongkong Reuter HONGKONG stock* surprised many analysts yesterday by recovering from a late morning tumble to end higher in a day of volatile trade that saw the Hang Seng index fluctuate in a 27-point arc. The Hang Seng Index, which had shadowed the Nikkei's
      Reuter  -  1,200 words
    • 539 20 Tokyo Reuter TOKYO share prices cloMd broadly lower yesterday after another day of volatile trading in which pricee fluctuated in a range of almost 500 points. Late Index-baying by foreign brokeragee lifted the Nikkei off its earlier lows, dealers said. The key 225-share Nikkei Index sank gi.M
      Reuter  -  539 words
    • 482 20 Australia peuter AUSTRALIA'S share market ended weaker yeeterday after another day of volatile trading, with a sell-off in heavyweight BHP accelerating the slide, brokers said. The All Ordinaries Index closed 5.3 points down at 1676.0. BHP finished 12 cents down at 9.66 but off its low at
      peuter  -  482 words
    • 441 20 Reuter STATE-OWNED China International Trust and Investment Corp Hong Kong (Holdings) Ltd (Citic) has made a general offer of HKJI.2O each for all the issued shares in Hongkong listed investment company Tylfull Co Lid. Tylfull has also announced that the company will acquire
      Reuter  -  441 words
    • 290 20 NYT FUJI Heavy Industries Ltd, the Japanese maker of Subaru cars, has offered to buy the half of Subaru of America it doea not own. Fuji offered to pay US$6 a share in cash, or about US$l49 million. Analysts viewed
      NYT  -  290 words
    • 262 20 Reuter SEOUL stocks yesterday ended the day aimoet unchsngsd in moderate trade after opening strong in s very short-term technicsl rebound, brokers said. The compoeite index edged up 0.40 point to 874.81. Volume was still thin but up slightly from Wedneeday at 182.8 billion won sgainst 141.8
      Reuter  -  262 words
    • 210 20 Reuter THAI stocks recovered to dose mixed yesterday after sharp early setback which saw the official SET Index falling 11 points during the first half hour of trading, brokers said. They estimated the official indicator shad 1.91 points to close at 963.06 in moderate trading. Losers ted
      Reuter  -  210 words
    • 377 20 Reuter TAIWAN shares rose yesterday to allow the weighted index to finish above 11,000 tor the first time as ths heavily-weighted financial sector pulled the market higher despite weakneee in other sectors, dealers said. The index roee 317.38 points, or 2.03 per cent to end
      Reuter  -  377 words
    • 148 20 Reuter SELECTED Philippine shares firmed in moderate trade yeelerday aa investors cautioualy bought prime commercial Isauss. brokers said. "People are alowly buying back on fundamentals," said Prudenck) Somera of R Coyiuto Securities Inc. "Trading was moderately active." he added. The Manila Stock Exchange compoaite index cloaed at
      Reuter  -  148 words
    • 101 20 Reuter NEW ZEALAND aharea were lower yesterday in line with falls on Wall Street and in Tokyo on Wedneaday. with moat second line stocks bearing the brunt of selling preesure. brokers said. The Barclaya index cloeed 14.22 pointa lower at 1.876.71 after riaing 12.68 pointa on
      Reuter  -  101 words
    • 199 20 Reuter BOMBAY share prices drifted lower yesterday for the fourth day as end-ac-count considerations kept most market players to the sidelines, brokers said. "There wasn't much selling as in the last few days but there wasn't any buying either," one broker said. Fears of heavy taxation
      Reuter  -  199 words
  • Page 20 Advertisements
    • 528 20 NOTICES In The Matters of the Companies Act Cap 50 CHAI KIANQ PTE LTD (In members' voluntary liquidation) NOTICE IS HEREBY GIVEN THAT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DULY HELD AND CONVENED ON 12TH JANUARY 1990 AT 563-C BALESTIER ROAD SINGAPORE 1232. THE FOLLOWING SPECIAL RESOLUTIONS WERE DULY
      528 words
    • 407 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 HONG LONG FARMS PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on the 13th January 1990 the following special resolution was duly passed: "That the Company be wound up voluntarily and that
      407 words
    • 390 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LEREN PRIVATE LIMITED Special Resolutions At an Extraordinary General Meeting of the members of Leren Private Limited duly convened and held at ill North Bridge Road #12-01 Peninsula Plaza, Singapore 0617 on 16th January 1990 the
      390 words
    • 349 20 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) ANO IN THE MATTER OF MOON BUN PRINTING INDUSTRIES PTE LTD (In Members' Voluntary Winding-up) At an Extraordinary Ganaral Meeting of tha abovenamed company duly oonvanad and hakj at 101-A Uppar Croat Straat, #11-22 People's Park Cantra, Singapore 0106 on Friday,
      349 words
    • 472 20 MTX MATTER OF THE COMPANES ACT, CHAPTER 50 AND MTHE MATTER OF ALLFOOO PACXAOMG NDUSTRES PTE LTD I li i V UqutMonl NOTICE OF RESOLUTIONS NOTICE IS HEREBY OVEN that the creditors of the atx*e-named company, which is being voluntarily wound up. art required on or before 19th February 1990
      472 words
    • 6 20 Jakarta market report was not aiaWahls
      6 words

  • WORLD MARKETS
    • 983 21 New York Reuter US STOCK prices crumbled under the pressure of sell progrsmmes on Wednesdsy, following weakness in several key blue chips and technical selling. The Dow Jones industrial average closed down 33.49 points at 2,659.13. Decliners led gainers by about four to three. News that
      Reuter  -  983 words
    • 819 21 London Reuter LONDON shares were marked down sharply yesterday morning after Wall Street surrendered early gains to end about 33 points weaker. Tokyo followed suit, closing 91.68 points down after a strong start, and world bond markets continued a downward slide. By 1027 GMT, the FTSE
      Reuter  -  819 words
    • 190 21 AFP JAPAN'S biggest bearing maker, Nippon Seiko K K, is buying all the shares of British counterpart United Precision Industries for £145 million by the end of February. A Nippon Seiko spokesman said the company would get six seats on the board
      AFP  -  190 words
    • 739 21 Earnings decline reflects USs2.4b charge NYT ENDING a difficult year on a disappointing note, International Business Machines Corp has reported that its fourth-qusrter net income fell 74.8 per cent from the comparable period a year earlier. The earnings decline reflected a US$2.4 billion
      NYT  -  739 words
    • 470 21 Reuter MORE THAN TWO YEARS after the col laps* of world stock msrkst prices prompted s wave of redundancies, London's securities industry 1s still seen aa suffering from overcapacity, with more job losses to come. "There will undoubtedly be more
      Reuter  -  470 words
    • 287 21 AFP BRITISH group Grand Metropolitan has said it is to take a minority stake in French cognac maker Remy Martin and liqueur manufacturer Cointreau. Grand Met said that the Cointreau family had agreed to cede its 49 per cent stake in Remy
      AFP  -  287 words
    • 1629 21 Reuter AMSTERDAM: Dutch share prices traded quietly lower at midsession yesterday as traders paused ahead of the US CPI data for December due at 1330 GMT, dealers said. All eyes will focus on the figure, forecast to rise 0.4 per cent, in an attempt to gauge trends
      Reuter  -  1,629 words
  • Page 21 Advertisements
    • 495 21 NOTICE IN THE MATTES 0* THE COMPANIES ACT, CAP. 80 AND IN THE MATTER OF HUP CHEOffG (PRIVATE) LIMITED (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of HUP CHEOtiG (PRIVATE) LIMITED dhly convened and held at 1 Maritime Square #02-If/17 World Trade
      495 words

  • Page 22 Advertisements
    • 248 22 Where tv entertain... Where tv entertain... Where tv entertain... Where to 4" BHBBfc^Ep 3B 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. MLM WESTIN Monuilnani have A Sidewalk SffMr n <%>ap <«9^ Looking for
      248 words
    • 204 22 mfg\\4 /*Wj COFERIf Come and listen to our recording stars, the Cover Up. They bring you your favourite English, Chinese and Japanese pop songs and evergreens Nighdy at dftDf LOUNGE 0b niMO COUfVT MOTCi. SINGAPORE 1, Tangiin Road, Singapore 1024. Tel: *****33 ■I 15 r?afifty Auho/i Kecv Ifcari 0 January
      204 words
    • 220 22 Yu Shen at Ruyi RAINBOW raw fish salad, otherwise known as "Yu Shen" will be available at the Hyatf s premier Chinese restaurant during Chinese New Ytear which falls on January 27 and 28. 1990. Exquisite bite-size pieces, better known as Tim Sum. are ideal luncheon buffet food for executives
      220 words
    • 177 22 fifve w/o-pur/PtmfeudL. JBiwlraM JHf Sky Garden Poolside Fridays to Sundays, 6.30 10.30pm Adults: $11.90++. Children: $8+ Plaza Hotel SINCOOII I WAtWeCOIOUtr OieifviTlNCl Hurt tod f *****H *****1! n Lier*\ Ground I Hoor 24 hours daily 1; Temptations served round the clock... Only at Cafe Excelsior A delightful selection of western
      177 words
    • 226 22 I II iHHHHHI i To those who've yet to discover the true flavour of Hungarian Cuisine Unravel the delights of Hortobagyi Husos Palacsinta, Esterhazy Rostelyos and over 60 Hungarian favourites. Hungary, anyone? HUNGARIAN BUFFET LUNCH 2 31 January "90 noon 2.30pm Adult: $36+ child below 10: $18+ We serve the
      226 words
  • Page 22 Miscellaneous
    • 782 22 I I inoiin \sil\esr SBC 12 490 Corner. too News at Eight (C). 100 Regional News (M). LLII IHLIL K H| 5.00 Kids Corner. 130 Studio One Presents (C.L). 6.30 Muqaddam. taViiiMiiV ixiiiwi 7.30 All Opening Announcement and Warisan Kits (M. r). 9.30 When Dawn Breaks (C. Ep 15) Lie
      782 words

  • LIFESTYLE
    • 335 23 ENTERTAINMENT Reuter NINTENDO, the Japanese company that built a videogame empire, announced on Wednesday that it would try to put its winning formula on paper with a line of comic books featuring its video characters. Company officials say the Nintendo characters have
      Reuter  -  335 words
    • Article, Illustration
      918 23  -  FASHION By SUZY MENKES IHT ITALIAN menswear has gone green. The designers who gave the fashion world the yuppie suit have switched from macho to ecological. In a root-and-branch change of image, sharp shoulders are now sloping, fabrica are brushed and colours are drawn from nature. Here
      IHT  -  918 words
  • Page 23 Advertisements
    • 115 23 fnferfafti.... J I Afternoon I I Be Served I I In The Park J 9 Tea-time at Cafe- in The-Park is deLghtfuL M I You U enjoy exquisite teas as well as a tOc*ty H buffet spread of oven-fresh pastries, scones and H I other Miaous afternoon delights. B Afternoon
      115 words
    • 81 23 tUMT I I -5200 2. Steamed Winter Melon Seed £4QQ Qn 3. Red Fish with Soya Bean 5 100.OU Crumbs (For 10 persons) 4 Prawns in Dried Red ChiHi 5. Peking Pork Rib 6 Shredded Duck with Green r" e( J Peppers fO®C*uC* 7 Season Vegetable with Mushrooms 8 Pu-Tien
      81 words
    • 199 23 1 wr L i IK\l)lI K I < >\I s| I IM\| Bis I I k )\c k( )\c m w \i\ i\ i < >\\ \i I sz.nn ri k nisi i I J I Traditional Refined Sushi I AOYAMA O-ZUSHI U 'IgHWHI ]ji &7f'lß IV I a -I
      199 words
  • Page 23 Miscellaneous
    • 628 23 CRYPTIC PUZZLE EASY PUZZLE ACROSS ACROSS 1 Fishy ministry at pres- 1 Golfing iron (6) •nt (6) 7 Recover (8) 7 Music finished as soon 8 Sign (4) as it starts!(B) 10 Bottle (6) Bln Ireland, a girl gets n Posture (6) •ove (4) 14 insect (3) 10 Agreed afresh
      628 words
    • 590 23 RADIO BBC Highlights Radio 5 Highlights The Flight From Communism, 3.30pm Talking About Music, 8.30pm Eastern Europe continues to be in a state of flux ,n this edition of Talking About Music, the spotwith political reforms sweeping through the coun- I'Qht falls on the music director of the Cleveland tries.
      590 words

  • 355 24  -  By LILIAN ANG SINGAPORE companies pumped in over Ms9oo million worth of investments in Malaysia last year, ranking third in the country's list of main foreign investors. Mr Yeow Teck Chai, deputy director of the Malaysian Industrial Development Authority's (Mida) industrial
    355 words
  • 408 24 Bernama DATUK SERI Dr Mahathir Mohamad yesterday reminded Sabahans about the dangers of harping on religious and -racial issues for political gain. "Sabah is a multi-racial and multi-religious state and to harp on racial and religious sentiments is
    Bernama  -  408 words
  • 352 24 Bernama BANK NEGARA will carry out more raids on companies suspected to be conducting illegal dealings in foreign exchange, if necessary, to prevent the public from being cheated. It was learnt yesterday the Malaysian central bank would continue to monitor
    Bernama  -  352 words
  • 321 24 Reuter SOVIET PRESIDENT Mikhail Gorbachev, facing insurrection In the south, separatist fever in the north and a crumbling economy nationWHw, OviufXJOO 019 iWlOfniS on Thursday and blaated his conservative critics aa "rabble". Ha told a Kremlin conference of workers, peasants and specialists
    Reuter  -  321 words
  • 350 24 Reuter, AFP SOUTH KOREA is studying setting up industrial estates in China and South-east Asia to enable hard-hit Korean exporters to take advantage of lower local labour costs, says Trade Minister Han Seung-soo. In a report to President Roh Tie-woo, Mr Han said
    Reuter,; AFP  -  350 words
  • 125 24 AFP CHINA'S inflation rate should be slightly higher than 18 per cent for 1989 or about the same level as the previous year when inflation hit a record 18.5 per cent, the New China News Agency (NCNA) has reported. However. Western obeervers
    AFP  -  125 words
  • 160 24 AFP US AMBASSADOR to Thailand Daniel O'Donohue dismissed fears thst chsnges in Esstern Europe would lead to reduced Western investment in the Fsr East. Mr O'Donohue, in a speech to a symposium on "Asia-Pacific Cooperation: The Changing Scene"
    AFP  -  160 words
  • 196 24 Reuter CHINA, which has said it will forbid holders of foreign passports from obtaining key portions in Hongkong's government after 1997, will extend the ban to more posts, a Chinese official said yeeterday. Xiao Waiyan, a Chinese member of the committee
    Reuter  -  196 words
  • 99 24 Reuter COMEX gold futures yesterday rose early on nervous buying ahead of the opening of Wall Street stocks. A 0.4 per cent increase in US consumer prices for December was as expected and had little effect. "Investors are feeling some anxieties after yesterday s drop in New York
    Reuter  -  99 words
  • LATE FILE
    • 34 24 AFP PRINCE Norodom Sihanouk said yesterday that he would not serve on a "Supreme National Council", a proposed body to represent Cambodian sovereignty during UN adminstration of the country.
      AFP  -  34 words
    • 42 24 Reuter THE EUROPEAN Community has placed punitive duties on a wide range of compact disc players from Japan and South Korea after EC makers complained that the machines were being sold at unfairly low prices. Reuter
      Reuter  -  42 words
    • 33 24 Reuter JAPANESE life insurers plan to expand their overseas investments in the *****, particularly in Europe, Takahide Sakurai, chairman of the Life Insurance Association of Japan, said yesterday.
      Reuter  -  33 words
    • 39 24 AP SAUDI ARABIA yesterday affirmed its adherence to production and pricing decisions made by the Organisation of Petroleum Exporting Countries and urged all producers to cooperate in the interests of stable oil prices. AP
      AP  -  39 words
    • 40 24 Reuter AT LEAST one person died and several were wounded after Indonesian troops broke up a demonstration during a visit by the US Ambassador to the province of East Timor, diplomats in Jakarta said yesterday. Reuter
      Reuter  -  40 words
    • 39 24 Reuter THE US UNDERLINED its support yesterday for President Corazon Aquino in the face of renewed threats of a fresh coup attempt in the Philippines, according to Robert Gates, an envoy for President George Bush.
      Reuter  -  39 words
  • Page 24 Advertisements
    • 123 24 /Void Zip gives L instant A boiling =3 water every minute of the day... 3 JUST TURN ON THE TAP. "ZIP > < OUT-DATES URNS, KETTLES, COFFEE S <T BARS AMD JUGS. MODELS TO SUIT EVERY KITCHEN, OFFICE, FACTORY HOSPITAL AMD SCHOOL ZIP IS FULLY y\ /v /Nl AUTOMATIC AMD
      123 words
    • 87 24 W- do you do if some of your guests want to eat seafood and others prefer Vietnamese food? No problem!!! Bring them to MEKONG VILLAGE Vietnamese Seafood Restaurant. We serve Singapore's famous seafood and Vietnamese cuisines under one roof!!! SET LUNCH SPECIAL Enjoy a delicious 6-course Vietnamese Set Lunch at
      87 words
    • 166 24 I [for sale by tender 0 l building I mm PRIME I mitm P FREEHOLD COMMERCIAL I INVESTMENT I m Excellent location the Orchard Road Area I F fronting Somerset Road, close to its junction with I E PI Grange I I (I ®BB B B 1 16-storey building on
      166 words

  • SHIPPING TIMES
    • PORTSIDES
      • 93 25 SINGAPORE'S MARINE DEPARTMENT has announced that ships 24 metres long and above built before July 18, 1982, are required to be re-meaaured before July 18, 1994. This is to comply with the International Convention on Tonnage Meaaurements of Ships, 1969. The department said that auch ships, except
        93 words
      • 93 25 Reuter THE AP MOELLER GROUP will spend 200 million crowns on building a ship container factory in Tinglev, south Jutland, with output capacity of about 20,000 containers a year. The shipping, oil and gaa group said in a statement the plant will uae latest
        Reuter  -  93 words
      • 77 25 Reuter HEAVY SEAS IN THE mid-Atlantic have delayed the unloading of the holed Iranian tanker Kharg-5 which spilled oil off Morocco last month, a spokesman for Spain's Merchant Marine said on Wednesday. The supertanker was expected to start transferring its remaining 210,000-tonr>e cargo of crude onto a
        Reuter  -  77 words
      • 90 25 AFP MYANMAR PLANS TO EXPORT timber and semi-finished timber products to Malaysia, its Minister for Agriculture and Forestry, Major General Chit Swe, said in Kuala Lumpur on Wednesday. He said Myanmar possessed a vast supply of high quality timber and its semi-fin-ished products were
        AFP  -  90 words
      • 66 25 AFP A MAURITIAN TRADE and shipping ministry delegation on Wednesday left Rangoon for home after concluding a five-day official visit to Myanmar, Radio Rangoon said in a report monitored in Bangkok. The delegation held talks with Myanmar Trade Minister Colonel David Abel and signed an
        AFP  -  66 words
    • 133 25 Reuter SIGNIFICANT delays have developed on the Ohio and the Illi-nois-Chicago rivers, but only minor delays were reported on the Mississippi River. On the Illinois-Chicago, mile 158, Peoria had a delay of 12.5 hours and mile 80. LaGrange had 13.5 hours. A total 15.5 hours
      Reuter  -  133 words
    • 1182 25 Poge Column Ate Contamertine Thirteen 5 Accord Shpg Ten 3-S Albo»fo» Seo-Air Stwi 5 AIM C Toepter Fourteen S Ahrenkiel Uner Fifteen 5 APC Une 5f*tn S AH Ffce J-S AfS Fourteen I Aranuro Une Fifteen 4/5 A/row Unet Nina 5 Am Eipreti Sa 4/S A cWorehouting
      1,182 words
    • 369 25  -  By JEAN FOONG SHIPPING LINES outside the Far Eastern Freight Conference (FEFC) have mixed feelings about the FEFC's new tariffs (NT9O) which came into effect on Jan 1. "We hope the FEFC's new tariff rates will be successful as it will help restore
      369 words
    • 389 25  -  By JEAN FOONG NATIONAL CARRIER Neptune Orient Lines (NOL) has introduced an on-dock train facility in the US jointly with Nippon Liner System, a fellow member of the Trans-Pacific Agreement (TPA) Consortium. The facility, in Seattle, is for cargoes bound for Chicago and
      389 words
    • 330 25 PLANS ARE firming up for the development of Thailand's overland transhipment route or "land bridge" with 10 international consultancy firms shortlisted to submit masterplan proposals for the project. The 10 firms shortlisted for the Southern Seaboard Development Programme in southern
      330 words
    • 305 25  -  By AL O LABITA By AL O LAB IT A, writing for Shipping Times from Manila STATE-OWNED but privately-run Manila International Container Terminal (MICT) hat embarked on an equipment acquiettion programme to beef up its cargo-handling capability. Two giant transtainers, built by Japan's Mitsubishi
      305 words
    • 825 26  -  Exxon Corp has charged that Alaskan state government bureaucrats made the Exxon Valdez oil spill of last March worse by preventing the company from using large amounts of a chemical dispersant after the accident. But a survey of dispersant experts
      825 words
    • 1707 26 AT CONVENTIONAL WHARVES SMUmwmq HMM CTS-23 SOS ilj ,il<i MM/OTX W VowMi* laiiiinM n-n-rti-. SWO S® 'I'JfjLL 22'2£ Toy no MfWIAITtVM DtpMllfl A/*io« Voy I MOI/OHO 22M/ 2300 HoihxM JO SOI MOI/0030 1101/ .<30 stcMo oo !fo!/ cooo ESS* oitow mic <*»**, mm/2300 Co.**— loot KI7 3001/0600
      1,707 words
    • 542 26 Density Water Carbon Aah Aluminium Sadlman Residue KQ/M*3 V/V M/M M/M PPM M/M Exxon Mill II ll rn#u»oo 180/Clmac limit* Spec E25 991 1.0 15.0 0.10 30* 0.10* Spec 035 991 1.0 18.0 0.15 30* 0.10* Northern Europe 180 Ave 980 0.2 12.0 0.04 10 0.02 180
      542 words
    • 980 27 Rates in the dry cargo freight market were little changed amid increasing concern that the seasonal climb anticipated at this time of year may not materialise, dealers said. The recent, albeit slow, climb in the Baltic Freight Index (BFI) came to a halt at 1,663 with a downward
      980 words
    • 7927 32 A guide to ships loading at Singapore lor 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.
      7,927 words
    • 2911 39 Who acts for whom A-B Accord Shpg Accord Shpg Pte Ltd (S)/Accord Contr Lino (M) Sdn Bhd (PK)/Accord Contr Lino (PO) Sdn Bhd (PN). ABC Contalnartlna NV KYC Llna (S)/Ranown Shpg (PK/PN). AhroukM Unar Kim Shpg 8 Trdg (S). Aftstroo Saa-Ak Service Frata Shpg Pta Lid (S). AMred C Taeptsr
      2,911 words
    • 434 40  -  By JUUE CHATTERJEE BOMBAY PORT will be upgrading its facilities with a Ss7o million loan from the Asian Development Bank (ADB) to cope with the expected rise in cargo traffic. This major Indian port will also be self-financing another ***** million
      434 words
    • 390 40 AFP THE ZANZIBAR government has approved the formation of a pri-vately-owned airline and other transport companies in an attempt to boost its tourism industry and to sofvs the perennial transport problem, Radio Zanzibar reported in Dar ee Salaam on Wednesday.
      AFP  -  390 words
    • 300 40 Reuter ABU DHABI CO for Onshore Oil Operations (Adco), producer of sweet Murban crude oil, will expand the capacity of its Bab Field and tanker loading terminal at Jebel Dhanna, Adco General Manager Terry Adams said. Oil industry sources in the Gulf
      Reuter  -  300 words
    • 135 40 Reuter BRAZIL'S 10 OIL REFINERIES were paralysed on Wednesday on the second day of an indefinite strike by oil workers at the national oil company, Petrobras. The paralysis at petroleum production rigs was about 50 per cent, a company spokesman said. Petrobras has been
      Reuter  -  135 words
    • 154 40 THE MAJOR shipping consortia operating between Far East/Europe, Fa.* 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
      154 words
    • 174 40 THE MAJOR shipping conferences operating between the Far East and North America: Asia-North America Eastbound Rate Agreement (Far Eaat (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 Transpacific Westbound Rate Agreement (North America/Far
      174 words
  • Page 25 Advertisements
    • 53 25 ISQI A lively ■HP" way with IDIOMS words aaiiaHH MMMHaa Avmimbte at all good bookahopa FMarai Publications Lines and services represented by /yjgW&V Members of the Registry of Accredited [JH/SSgM Shipping Agents, Singapore National Shipping Association. For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx:
      53 words
    • 123 25 How to look after STP Distributor* •jj»»Porr»V Singaport '90 a BT special supplement Following a successful debut last year, Business Times' second maritime supplement will be published on February 7,1990 the very day that the Singaport '90 conference and exhibition begins. The supplement will feature exclusive articles written by industry
      123 words
    • 163 25 INSIDE Chemical dlspersants EXXON CORP has charged that Alaskan state government bureaucrats made the Exxon Vmktaz oil spill of last March worse by preventing the company from using large amounts of a chemical dtspersant after the accident. But a survey of dispersant experts has uncovered widespread doubt about the effectiveness
      163 words

  • Page 26 Advertisements
    • 111 26 CCNI# Chllena de Navegarion Interoceanlca S.A f B ANNOUNCES WF SEASPAC SERVICE STARTING JANUARY 1990 40 DAYS TRANSIT TIME TO JNi Ap Q»l®'£^ hH NEW J^fTOFAOASTA CALEDON,A s s s W^wweo' DIRECT MONTHLY SERVICE fPr*«p FROM SINGAPORE TO VBT -T SOUTH PACIFIC CHILE *9 M PAPUA NEW GUINEA IQUIQUE |P
      111 words
    • 63 26 NOTICE r KXnCE TO CREDITORS OF P.T. PULAU MTAN SARI The above company is undertaking a reconstructs and requires all creditors to confirm all amounts outstanding in order that provision can be made for payment. Please direct your reply to: P.T. Pulau intan Sari cJo FreeMll, HoHlngdale ft Page Suite
      63 words

  • Page 27 Advertisements
    • 2103 27 JAR DINE JHR IMU AGENCIES \lllf/ 200 CjntcnoNnt Road #12-06 Southpo.nl. Singapore OK* Wit Mr rn 221 ml telex no rs ***** WfTTTlll TERMINAL/CfS T«l *****18 220 V^GoAAfl 7 BOOKINGS T«l *****34 235 A PESAKA JAR DINE SHIPPING *«NCItSSDNBHa PORT KELANG TEL: 3654U1 T *£,!£35 7 15^22L PENAN6 TEL *****4
      2,103 words
    • 2217 27 Vmm) Voy ETA I ETD 'Port *Panang 1 DESTINATIONS Singapore Katang Thd aaak AAaawkSa M Faadaf by CV 2J/1 0400 MRS M Faro CFS 22/1 1K» MRS M Tauro OAK LQB HOU MEM ATL MIA CHS BAL PML NYC MOW TOW MATHM.DC M 9002 23/1 24/1 ISM T»7i 10/2 IV2
      2,217 words

  • Page 28 Advertisements
    • 1049 28 ROTTERDAM/I VOY WO S PORE P KELANQ SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENAVON 82/511 24/1 20/1 13/2 15/2 12/2 IS/2 20/2 TOKIO EXPRESS 91/810 25/1 1«/2 13/2 IS/2 12/2 TOLAQA BAY 08/514 31/1 2/2 20/2 22/2 24/2 25/2 27/2 HAMBURG EXPRESS 94/513 1/2 28/2 20/2 22/2 19/2 25/2 TOKYO
      1,049 words
    • 615 28 IgnyTHPACincsEßVTC^^^^ I SIN LAE SUV PPT fl ISLA FLOREANA 23/1 8/2 15/2 20/2 AGIOS SPYRIDON 25/2 9/3 17/3 23/3 I DIRECT CHILE SERVICE I SIN IQQ ANF VAP ISLA FLOREANA 23/1 5/3 7/3 9/3 AGIOS SPYRIDON 25/2 5/4 7/4 10/4 I AoMnts: Singapore *****00 Bookings: *****08 Jobore: 07-*****2 NORTHBOUND TO
      615 words
    • 1357 28 Q IflAHi ÜBS REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE r uam Mr IHA VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ART LHA ALG) HAM) ROT) ARABIAN SLA 943W IS/01 23/01 05/02 10/02 12 02 14/K W}2 17JB NORASIA MUBARAK D4S-3 30/01 OS/0: W/02 24/02 26/02
      1,357 words

  • Page 29 Advertisements
    • 1527 29 S5 Steamers Maritime Holdings Ltd p&o gm STRAITS SHIPPINGI Wgk Containers .gJßtf"** S port P.Klm| Ylm Hl*| I'hann R'4mi Lth ACCEPTS CARGO DUE SAILS knalkr w i« mm mm vtm um am RURAMA urn um mm mm mm iw KNAVON Mi 2MI 13*2 15* vm um 2M2 BINTANC PERAK VWQ2E
      1,527 words
    • 1523 29 r*fp SPORE HK UO Ml rMnyANC "L J*" 5 [H HANJIN TONGHAE OTE 22/1 2*l 2*l 1/2 CMOYANO PMK 00W 23/1 I<V2 11/2 Uf2 14/2 IS/2 HANJIN ROTTERDAM 00t£ 2S/1 1/2 2/2 1/2 MAJIN OAKLAND OOCH 27/1 14/7 I*l I*2 11/? I*2 ONOrMM OMmEMSE W 1/7 1/2 15/7 CMOYANC SUCCESS
      1,523 words
    • 30 29 I■II I I I REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 10/2 KARACHI Aomm: SHHUSAVA MCMMM M.T.V. TRANSPORTATION CO. (PTC) LTD. tat iiiiiii TUc M mil tac 11
      30 words
    • 307 29 mum/ Japan/ mum semice SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASIAN CHAMPION COSMIC CLIPPER TRADER TRADER VOY. NO. IB S 6 Spore 25/1 1/2 12/2 P. Keiang 27/1 4/2 15/2 Penang i Hont Kong Yokohama fegoya 14/2 11/2 4/3 Osaka 12/2 Sentoku 1/3 Kashima 11/2 Funabashi 20/2 *For Discharging Only
      307 words

  • Page 30 Advertisements
    • 636 30 m—w HUUWIANg^ Sinfaport Loading for* I IRAN FEYFOURI PJC733 ETA I*l BANDAR ABBAS I (MMUiIfMM Li WEST CUST/MDOCt/CamUU. MMiM cirhw sbmce HKG LI ENSENAOA I.CAMCNAS SAUNA CRUZ IMIUAMIUO LoocMTv-aanu/2 un nn up toiuca m an mi 2*12 W V} V? ■tla v-a la 1? w m w w OAXACA V-U
      636 words
    • 839 30 (g) HANJIN SMPPINgj Ul I I S'par* I L«Hjyt» R'dan H'kvrf B'teavw F«to»« fUDU VS. I I i£j UW CHOYANC PARK 00M 22/1 W 9/2 UW 12/2 11/2 MAIUIB T0« HAimi W «*A»6 Ml W W HAN JIN OAKLAND OMW 27/1 14/2 IV2 W l«/ 2 19/2 "AKM" Mi J
      839 words
    • 1346 30 ill I I V A "f H 1 IB I I |B flft 2 SM§y«|2HSmW*tiMmllil"M3 PKL SCP HKC KSC KLG PUS HKT OSK TTO RAL LHV AM RM FU| 2? X< ssssss. s H H f S 1 H 5 H|;sass r« i 5 is is 1 i 1 1
      1,346 words

  • Page 31 Advertisements
    • 1346 31 "Km mm PACIFIC INTERNATIONAL LINES (PTE) LTD J Jf H PIL Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 VOY SIN JKT set VOY mkg tok NOO KOS Bus kee kao mko HAI GUAMG 2MB 24/01 27/01 20/01 24N8 7/02 14/02 15/02 10/02 14/02 21/02 23/02 2S/02 •MJAPAHfT 51
      1,346 words
    • 663 31 'SUSS CONTAINER SERVICE TO UK/CONTINENT VPOUt P KLANC STON MAM i'HAVCN *DAH NAVM W W l»! 1» M TokM CxpraM 'an W I* I* H0 in* an an 20 an on an an on NMtoiun* 10 an an on nn w t«*t« iif m in on in an *n up
      663 words
    • 322 31 r .T. rXMBM lim r CR NBR 11ttTSIOOQO-O PRE LINAR NEW TEAR LSASERS FOR AMSTERDAM/ROTTERDAM, HAMBURG, BREMEN, ANTWERP ■V 1 PUNJABI VST 24/WI LSABINS STORE IS JAN 21 JAN MV BAAS SLLAI VST 21/VB LQABIN6 STORE 29 JAN 27 JAN i ACCEPTING CONTAINER CARGO AS WELL AS CONVENTIONAL CARGO iiiiil
      322 words
    • 456 31 W MYANMA \BBt FIVE STAR LINE 1 (Burmese National Lint) Loading for Yangon (Rangoon) S pore P.KaUng Parung Bangkok LAWK) VIU 17/11 JAN MVA VHM ma JAM PAGAN VISIW am iAN HPA-AN VI47W ill FEB OERGUI V/I7W 15/17 FEB 11/11 Fa* THE BANK LINE I EXPRESS TO PAPUA NEW GUINEA
      456 words

  • Page 32 Advertisements
    • 249 32 j I WEEKLY STRAITS/MADRAS CONTAINER SERVICE^ J l~&L 7/ 1 DAILY LCL RECEIVING AT OWN CFS LBSSJ PENANG I VESSEL 'P. KELANG |SPORE| PK MADRAS A T- J (FEEDER) /MACOLINE m J|_ 3* S BOOKINGS: S PORE *****22 PK 03) *****77 PEW (04) *****6 mMAC-NELS AGENCIES PTE LTD.,SINGAPORE TEL: *****02(1MP)
      249 words
    • 187 32 MAN ILA/SAI PAN/GUAM DIRECT SERVICE (BREAK-BULK/CONTAINER) VESSEL SPORE MANILA SAIPAN GUAM SPARKLE V 5 31/1 7/2 14/2 15/2 SPARKLE V 6 27/2 </3 IX3 M SPARKLEV7 26/3 2/4 9/4 10*4 (MICRONESIA PORTS DIRECT CALL SUBJECT TO INDUCEMENT) GUAM/SAIPAN SERVICE (VIA HK) FEEDER SPORE MOTHER H/K GUAM SAIPAN TBN 13/2 0.
      187 words
    • 315 32 JkHYUNDAI MERCHANT MARINE CO. LTD. EASTBOUNP TO USA WESTBOUND FROM USA TO PSW SIN HKC IBM OAK SEA FROM PBW UN OAK MA NKG HYUNDAI PIONEER IMI Off U* W 1W UlfillSJl 5212?5jL e W SU M tW M LALANDIA 29E 27/01 0102 1902 2202 2502 HYUNDAI CMB6ANOCR U» W2
      315 words
    • 52 32 SOUTHBOUND VOY OS* mo YOK HKG [sin IFUM SfT JJJj™,, Wl SIO mm 2WI IMB BABIYEVSKIY 10 UAB IQAB OMB 17/0? a*B B-0503 OMB NORTHBOUND MMTM Y rRf 6TO SPOW MRS OSA HAfi YOK MmS*"'* 08 ltWl W1 2101 02AB 12/02 10)02 OMB SIL OMMB IMB 17/02 22/02 27/02 01/03
      52 words

  • Page 33 Advertisements
    • 1390 33 ■Weekly fcl/lcl to: FAR EAST JAPAN EUROPE FUI ISLAND KAOHSIUNG —28/1 TOKYO —25/1 LE HAVRE —22/1 LAUTOKA 2/2 KEELUNG —28/1 YOKOHAMA —25/1 ROTTERDAM —22/1 SUVA 2/2 MANILA —26/1 KOBE —25/1 UK PORTS —22/1 BANGKOK —28/1 HAMBURG —22/1 BUSAN —23/1 GOTHENBURG —22/1 HONGKONG —25/1 ■prrrn ScanDutchg I TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA)
      1,390 words

  • Page 34 Advertisements
    • 1065 34 *r ,|Jb AfcJUBPtPgAsTATftA fcWfM* J%A l^ i wl^^r^y "-rl"- yr' TO WHfHiPII lllliWliV v 5 VOV 'INDO 'PK/PNG [sGP LB CHLS NFK NYC HFX OOCL FAIR IS 22/1 23/1 25/1 17/2 27/2 1/3 3/3 7/3 RAINBOW BRIDGE 22 29/1 30/1 1/2 24/2 C/ 3 1/3 10/3 14/3 OOCL FREEDOM 29
      1,065 words
    • 776 34 ETD SIN (1 DAY) I ♦(1 DAY) -f (1 DAY) CHRISTINE/ P 22/01/90 PORT KELANG PtNANG BANGKOK VICTOR TWICE/WKLY 1 >H I I 1 .OOAV, I 1. 121/01/90 HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY TWICE/WKLY ETD SIN (6 DAYS) *(10AY) +(4 DAYS) WOKING, CONTACT 22/01/90 BUSAN MANILA NAGOYA SERENE/SITI TWICE/WKLY ETD
      776 words
    • 378 34 GOLDEN LINE A GUAN GUAN SHIPPING (PTE) LTD N 23. TtM Ajar Straat w SINCAPOBi OMB Til U43W (10 lINCS) Ft. VMSB4 STRAITS/PERSIAN GULF SERVICE: S-pora P. Kate* Pm, QOCDCA BtAR CotoffbtfKaradM/Duba. 22/24 ian eOUKN HABVEST Caftafto/Kareda/Ogba. 4* Fa* CHMA MMX BAI YIM SHAM HyMQtt/fujfcOM 24/21 Jan »r ruiMA nrPAM
      378 words
    • 575 34 Continental Racifio snipping r j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOACH NC FOR HERUVIM SU SETE/ROM/ANT/FLU/UK CAPTAIN GEORGE SW Sid SETE/RDMf ANT/FLU/UK ■ARIA K In Pt 24/1 3/2 SETE/RO^ANT/FIU/UK Siteli/tNtiiiiMis /tr-K MULT I PORT A6ENCIES (S) PTE. LTO. TEL: *****77 *AX: 2253C31 V R.K. aMILTWONT RON
      575 words

  • Page 35 Advertisements
    • 1645 35 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****$ *****19, AUST/INOIA/PAK-2790U8 Mk mm M USA-*****42/279W16 FAR EAST-*****48 Documentation: *****44 *****14 t Terminal: *****22 CFS: K IMPORT: *****69/*****50 T EXPORT: *****53/*****04 m m NEPLINE SDN BHD MALAYSIA r K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4 SUEZ) ~ftfl fdr vsl/voy rn
      1,645 words
    • 1267 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 1M241/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** KMM p. NHJMK MESSRS MAI TNONC SNtffING 127 PenmStreeL Meitpa «S HANDLING SYSTEM CO SON. MO (MMc
      1,267 words

  • Page 36 Advertisements
    • 649 36 jhiiimiii mft DSR LINES VEB DEUTRACHT/SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN I NORTH CONTINENT EUROPE j OUTBOUND SIN ICA AWT RDM HI B RST ULMICNT 2*o VU W" 27/B2 27*2 1* J|B FAHRIAND 2/00 W W W I*3 11*3 T WIN OA VOW 23*T
      649 words
    • 1135 36 roccßonnimomionvKi Vhhl P KLC PNC PC Lm4h« tar JIANQCHUAN 21/12 RMtardan/Anhnrf qroiA rxnx coohtawkm »i»vk» Vttul Pt>l( Pnj Sport Rkk Hk( S'hal Qingdja YANG FANG KOU VIM 31/12 ||U M lljl 1W SHANC CHEN Vlll 21/11 23/01 27«1 83*2 07/02 Acctptinc FCL Cjrfo tar *11 ottMT CMmm parti <11 inUnd
      1,135 words
    • 309 36 I FAST DIRECT REGULAR SERVICE .TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU VSL ETA ETD LOAOING FOR DELI INOAH 20.1.90 21.1.90 PANJANG/PK. BALAM NAGA JAYA 22.1.90 23.1.90 PANJANG LAMPUNG JAYA 24.1.90 25.1.90 SEMARANG/PANJANG PINANG JAYA 20.1.90 25.1.90 PANJANG/PK. BALAM PERITA JAYA 22.1.90 24.1.90 PANJANG/JAKARTA ABADI JAYA 22.1.90 23.1.90 PANJANG PERITA
      309 words
    • 430 36 r POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN I Tourghundi, Kabul, 1 Herat, Mazar-1-Sharif, Mashad, Kushka [Iran l:Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 28/01, 1/02, 6/02, 9/02, 19/02 EUROPE .-To all inland points: VIA VOSTOCHNY Poland, Bulgaria, Czech,
      430 words
    • 465 36 ASEAN PORTS Nqow HodtApancy CoUd BKK (Ta^2B723Bo)__ ii at aha mi m s* m tw an WYA HUM aw SMW 21/1 a/1 jmciwn um w* t*n s* vn sim hum am a* m «t Vfl SIAM PACTKA W W W HYA HUM am Sun «fl IM 31/1 sim bhum am
      465 words

  • Page 37 Advertisements
    • 1105 37 I VESSEL .VOY SINGAPORE KHF/DUBAI KARACHI I LANKA SRIMANI 74W 27/1 22/2 15/2 I LANKA SRIMATHI 73W 05/2 22/2 19/2 I LANKA RUWAN 3W 15/2 I I ALSO ACCEPTING CARGO (FCL/LCL) FOR;- I IA) INDIAN PORTS 1 I MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY fl IB) ARABIAN GULF PORTS I SHARJAH;
      1,105 words
    • 226 37 ETHMnAII ÜBS IliwlPwMPw ACCEPTING FCL AND CONVENTIONAL PCN/PKQ ETA LOAOMQ FOR ANCMNE T V 2 DARESSAIAAM MOMBASA OJWOUTI VOY I«we ASSAB MASSAWA. MOOCtOAM ASSAY WOH2 S/3 DAfIESSALAAM MOMBASA OJWOUTI VOY 23W8 ASSAB. MASSAWA. HOOEIOAH H KIEN HUNG LIME FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH
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    • 639 37 PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWCE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 INDONESIA IMYICt VSL VOY SIN JKT PAJ SIN PUL SENTOSA 21S
      639 words
    • 527 37 Email BAY OF BENGAL SERVICES KlttLl WY IM Ml ca in 1 EAGLE SEA VOO» 55 27/1 Z SUSAK fUi 22/1 2*l LEUVE <117 22/1 20/1 TIGER RIVER tXNB 22/1 20/1 VERMILION BAY 10 22/1 PAITMOON 32W 20/1 S ILOVIK «N 27/1 J/2 I YANBURENKO 02SNO 27/1 1/2 MM im
      527 words
    • 236 37 TO AUSTRALIA/NEW ZEALAND j *«no«ii Mi ~m ~w "S5 off m tut mot w~ m w ufl an t nuomm 1» "55 a 5 "55 5» mna m> 15i ~m ~aji "55 w i 1* DATS TO •TDiam TO USA/CANADA vs. Itlnnin W- Ortoom Oortmlw *****5S ItWrtu "SnwifßTli an ~m
      236 words

  • Page 38 Advertisements
    • 736 38 t TEfjk DE VAPOREB 4 0 "PERUVIAN STATE LINE" V ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM f 2 CALLAO MATARANI, ILO* 1 OTHER PERUVIAN PORTS' 2 E WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING, j 5 Nnang* P. Sinf»port B J kamaleverett 21/23 Jan j V thokasevebett W r
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    • 588 38 FULL CONTAINER SERVICE accepting F CIA CI cargeee to USA Cast ft Meet Ceeet Carrifeboeti.Eaet Canada. HAITI. Guatemala and Hondura* VSI |S PORE MAINLINER |LAX |KST |SAV |NTC [NTX I tin OSAKA 23/1 ZIM LIVORNO 0/2 2/3 S/3 7/3 *3 A. VESSEL 27/1 ZMI LIVORNO 21/2 2/3 S3 70 IQ
      588 words
    • 686 38 Msing kwang hang iiiwiio a thammomtatiom (pt*j ltd WEEKLY LCL/FCL SERVICE [vIsSSL Is PORE [JAKARTA |SURAMAYa"I JENWEL 24/1 27/1 IJENHOL 82/1 b7/1 [VESSEL [SPORE [BANGKOK A VESSEL 27/1 30/1 |A VESSEL 3 2 J 6.2 __J DESTINATIONS ETA SN4OAPONE PORT KELANQ 20 JAN MANILA 22 JAN HONG KONG. ALL CHINA
      686 words
    • 488 38 PERINTIS LINE I WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRASETIA 60-61 A 20/1 21/1 23/1 24/1 62-63 A 27/1 28/1 30/1 31/1 64-65 A 3/2 4/2 6/2 7/2 SURABAYA TANTO UTAMA 56-57 23/1 23/1 26/1
      488 words
    • 435 38 li^lMiiiUffil SIN FM EAIT 28/1 KEELUNG/KAOHSIUNG 27/1 BANGKOK 26/1 MANILA 27/1 JAKARTA 26/1 PORT KELANG/PENANG 25/1 BUSAN 21/1 TOKYO/YOKO/KOBE 25/1 HONG KONG also accepting cargo to Huanmu/Shenzhen/Fuznou/ Xiamen/Xingang/Shanghai SIN EIMPE/NK 27/1 LDN/FLX/LVP/SOU 27/1 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. M— l/MMili ▼Y* v 25/1 L.A./NYC/SFO 25/1 VANCOUVER/TORONTO/MONTREAL Maistialia/new
      435 words

  • Page 39 Advertisements
    • 224 39 i 1 the NATIONAL SHIPPING COMPANY Of SAUOt ARABIA REGULAR RO-RO SERVICE TO MIDDLE EAST VESSEL SINGAPORE P KELANG DAMMAM DUBAI J EDO AX SAUDI RIYADH VOY 049 10 FEB 12 FEB 20 FEB 22 FEB 01 MAR SAUDI DIRIVAH VOY 044 03 MAR 06 MAR 17 MAR 19 MAR
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    • 358 39 fMMMIMtTCMTM hmLm flflt Talac MUM T«t 222 «mi tac am mm CONTAINER SERVICE SIN-JKT-BIN VOY ETA SIN ETA JKT M.V. PELOPOR 925 20/1 23/1 M.V. PELOPOR 92fl 27/1 30/1 M.V. PELOPOR 927 3/2 ft/2 M.V. PELOPOR 928 10/2 13/2 CONVENTIONAL SERVICE MN JKT UPQ DARPO TUJUH V2O 17/1 23/1 26/1
      358 words
    • 461 39 fti} PENANG KL: allied-LINK SINGAPORE: /t7^\ 04-*****2 *****8955 778 6522(22 lines) WW V Marina Ong Swan Ng/ChrMlna CMw Alice VnMwt Yap transintra shipping (Singapore) povatt'lifTMtad Cargo bookings Tel: *****8 (5 LINES) IDAGOHOY 6-8 Fab MNL BISLIG TBN 3-6 Mar MNL I PATRAIKOS 5/2 Hongkong, Shanghai, Busan FROM ALL UNITED KINGDOM
      461 words
    • 248 39 ID m. MM HBV I LONDON BRIDGE VOY3BW 20/01 SI/01 06/02 08/02 I OHFU VOY 01W 2WOI 06/02 IVO2 20/02 I ALS PROSPERITY VOYO2W 07/02 18/02 23/02 OMfT I Accepting FCL" lor Johannaaburg vmorl my don m. mm ALS STRENGTH VOY33E 12/01 15/01 20/01 01/09 ALB ENOEAVOUR VOY34E OMIT 2&/01
      248 words

  • Page 40 Advertisements
    • 1000 40 UtyCCWTINENT (TRIO) Sport P Kalmf IS'ton Hlw| I'lwn Rdw Ltfi 'MM BENAVON 2*l 2*l I*2 I*2 17/2 I*2 2*2 MMa :to WwnAntotfca. Otto. Stockholm, IMi«ki TOKIO EXPRESS 2*l I*2 138 U/2 12/2 I*2 Br»—nfti»«r :T« hM TOUCA BAY a/1 2B 2*2 22/2 24/2 2*2 27/2 :to*H UK MliiMn. MM m*
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  • Page 40 Miscellaneous
    • 144 40 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0790 HOURS ON JAN 10,1900. LEGEND R Thunderstorm Temperature o c X\ A Weather Wind direction with speed in knots Ra,n Wave height Cloudy Sky Surface winds ore indicated by orrows which fly with the wind One full circle represents calm or light and
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