The Business Times, 8 February 1990
1990-02-08
1
38
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The Business Times
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Title Section11 1990-02-08 1 BUSINESS TIMES MCI (P) 170/12/89 THURSDAY, FEBRUARY 8, 1990 75 CENTS11 words
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FINANCIAL MARKETS SUMMARY
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Article29 1990-02-08 1 Reuter PROGRAMME-related selling, worry that demand will b« light at Treasury auctions yesterday and today, weighed down US stocks. The Dow was off 15 at 2592 ReuterReuter - 29 words
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Article43 1990-02-08 1 AP LONDON shares were slightly lower at midday yesterday, with little substantive news to steer the market in a confident direction. At 1200 GMT, the Financial Times-Stock Exchange 100-share index was 9.5 points, or 0.4 per cent, lower, at 2,311.6. APAP - 43 words
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Article43 1990-02-08 1 Tuesday ST Industrials Index 1,584.66 {+1.96 RT-MGA Index 808.81 (-4.79 NST Industrial Index 3,092.00 (-0.46 HK Hang Seng Index 2,844.89 52.00 Tokyo Nikkei Average 37,301.87 (-364.96 Sydney All-Ordinaries 1,645.6 (-21.3) Monday New York (Dow Jones) 2,606.30(-16.22 London (FT 30 Index) 1,835.6(-25.443 words
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Article12 1990-02-08 1 USs> 144.95y«n 1.***** M S$ 1.8590 £i US$l.7OOO Ms> 550.688112 words
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Article17 1990-02-08 1 Euro-$ (Mar) 91J9 DM (Mor) 0.6029 Y«n (Mar) 0.*****1 Pound (Mar) 1.6874 NMwl tnd«x (Mar) 37,73017 words
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Article11 1990-02-08 1 S'poro (buyer's quote) U*****.00 (-0.70 London (Morning fix U*****.901-1.50)11 words
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Article10 1990-02-08 1 S'por* February 161.50 cants/kg (-0.50 M'sia February 239.00Mcrt/kg 0.5010 words
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Article13 1990-02-08 1 Turnover: 1,*****t5(-1134 F*b M5654/tonm (-14 Mar M5659/tom« (-22 Apr M5665/tonn« (-1913 words
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Article37 1990-02-08 1 THE overnight rate on the Singapore money market was up 1/16 point at 1/8 per cent yesterday. One-month rate fell by 1/4 point to 6-1/4 while two and three month rates dropped 1/4 to 6-5/16.37 words
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Article, Illustration501 1990-02-08 1 CPL, Cold Storage, F&N and Robinsons counters suspended THE SUSPENSION of trading in the shares of four companies in the OCBC stable yesterday afternoon riveted market attention and sparked off conjecture relating to various deals between F&N and its associates. The suspended companies501 words
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601 1990-02-08 1 WILLIAM CHIA - By WILLIAM CHIA MALAYSIAN PLANTATIONS Bhd is the next counter in the Kamunting Corporation-Multi Purpose Holdings Bhd stable to be restructured. A source close to the group said that negotiations with several parties to sell off M Plant's plantation assets comprising about 9,600 hectares601 words
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378 1990-02-08 1 AP Reuter COMMUNIST PARTY leaders yesterday agreed to give up the monopoly on power guaranteed by the Soviet Constitution, an official said in Moscow. Svyatoslav Fyodorov. a famed eye surgeon and participant in the three-day party Central Committee meeting in the Kremlin, said partyAP; Reuter - 378 words
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393 1990-02-08 1 HONG LEE TIAM - By HONG LEE TIAM COMING in the wake of more expensive funds, two of the Big Four local banks OCBC Bank and DBS Bank will raise their prime lending rates by a quarter of one point with effect from today. OCBC393 words
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Article, Illustration202 1990-02-08 1 REGIONAL MARKETS generally closed lower yesterday except for Hongkong which rallied for the second consecutive day. Oespite uncertainty following overnight falls on Wall Street and a weakened Tokyo market, the Hongkong market proved its resilience, with almost no reaction to volatility on the two major markets.202 words
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674 1990-02-08 1 ANNA TEO - By ANNA TEO IN A RULING that upholds Singa- 1 pore's property tax system, the i Privy Council has dismissed with costs the appeal of former health minister Howe Yoon Chong against a 1976 reassessment of his Binjai Walk bungalow. The London674 words
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Page 1 Advertisements
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Advertisement151 1990-02-08 1 rßurberrysl < ,co X t < I i i Reigns when it pours GREAT B»CFIC AM) 5F5 HON/SMALL COMB\NIESTURN IDEAS INTO REALITY As the Small Industries Finance Scheme (SIFS) specialists, Great Pacific Finance can help small companies get big ideas off the ground. In fact, we've built our reputation by151 words
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Advertisement200 1990-02-08 1 China will not Wwm any opposition, BACK PAGE Lan fUU Oinm umtiao iiuim mmivi uoy «-»y »»w®»vw H^lssZT m g Lum Chang In separate Commodities 15 Editorial Comment 8 Advertising property deals Psim Oil. Metals, Share balloting Japanese politics Produce. Rubber. Tin MTiir Irrnm. 11 U GSI up 43.5 pc200 words
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Advertisement159 1990-02-08 1 Full report, PAGE 18 Regional mfcta, PAGE 18 World mfcta, PAGE 19 qi »|i Yfnwtt/ Tavilioti RESTAURANT (Chinese Swimming Club) Cantonese cuisine takes on a whole new dimension s L rv.-tiJ I w^*Irresistible Lunch Menu For 4 Persons) I 1. Poached Uve Prawns 4. Superior Beijing Roast Duck Uk a.159 words
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Advertisement9 1990-02-08 1 TOTAL TRANSPORTATION SERVICES tel: 265-3833 PtHM CROWN PACIFIC M9 words
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HOME NEWS
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567 1990-02-08 2 SHOEB KAGDA - Multitech, Technocom integrated in global drive B* SHOEB KAGDA IN A MOVE to gain global leverage. local contract manufacturer -Venture Manufacturing Singapore (VMS) has merged with two other contract manufacturing companies one in Singapore and the other in Malaysia to567 words
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316 1990-02-08 2 DEXTER LEE - By DEXTER LEE SAVINGS of Central Provident Fund members reached $36.1 billion at the end of last year, up by 11 pe' cent from $32.5 billion at end-1988. A CPF Board statement released yesterday also disclosed that members' contribution expanded by $1.6 billion316 words
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374 1990-02-08 2 TOTAL bank loans and advances grew by $4.6 billion to $53.8 billion in November even after adjusting for Hai Sun Hups public share offering at the end of that month. According to the latest figures published by the Monetary Authority374 words
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Article, Illustration347 1990-02-08 2 TRAVEL AGENTS (ear the rising cost of transportation, which they are likely to pass on to tourists, could help to make Singapore an unattractive destination. The president of the National Association of Travel Agents Singapore (Natas), PR Gopal, said last347 words
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Article, Illustration480 1990-02-08 2 SUZANNE SOH - By SUZANNE SOH SALES AT Changi Airport's shops, restaurants and service concessions, including money changing, are likely to have hit $1 billion last year, says the Civil Aviation Authority of Singapore (CAAS). This would be a 10 per cent480 words
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360 1990-02-08 2 TWO major conventions, which will draw thousands of delegates from all over the world to Singapore. promise to keep the cash tills in hotels ringing for the next few weeks. Occupancy rates, which exceeded 90 per cent late last year, look set to remain high.360 words
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304 1990-02-08 2 XUELING LIN - By XUELING LIN writing tor BT in Copenhagen SCANDINAVIAN investors are turning their sights on Singapore as sn investment target, and Swedish investment alone jumped by 50 per cent over 1988-89. Qunnar Wahlgren. Singapore's Consul-Gener-sl in Sweden, said st a forum held304 words
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175 1990-02-08 2 FIRST-TIME users of the Singapore-Finland videoconferencing service will be allowed a free half-hour trial session if they use the service before May 7. This was announced by Singapore Telecom's vice-president of business communications. Sin Hang Boon, at the official launch ceremony of the service yesterday. The175 words
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Page 2 Advertisements
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Advertisement144 1990-02-08 2 THE SHAPE OF BETTER THINGS TO COME A distinguished design, with excellent features to make this new phase another choicest investment per square foot. Statutory Land Grant (Estate In Perpetuity) Excellent links to Changi Airport cargo terminal via expressways Strategic and accessible location just five minutes drive Efficient road and144 words
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Advertisement33 1990-02-08 2 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! Complete facilities telex fax copier word processing secretarial services conference room answering service long snort tprm lease vou name it'33 words
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Page 2 Miscellaneous
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Miscellaneous174 1990-02-08 2 Global temperatures and weather forecast rifc OUTLOOK: Windy, w«t T* patting iho««r« In morning tnd sHornoon. Report for 24 hour* prior Abofdoon 04/01 CoM Airotordom 08/03 Shown Alhora 10/04 Sunny Amu 'huiiihiitj SS Auckland 26/19 Cloudy Mill Ump „Ki langkok 34/25 Fair Amoc ImtiddMy tl MpH -4/-12 Sunny Nr» o<174 words
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REGIONAL BUSINESS & POLITICS
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Article, Illustration594 1990-02-08 3 NYT THE question being asked these days among Chinese officials and business executives is: "Who is running the economy?" The State Planning Commission and other bureaucracies are managing daily decisionmaking, but Chinese economists and foreign analysts say there is a crucial shortage of trustedNYT - 594 words
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276 1990-02-08 3 Reuter FRANCE is shipping wheat to China, raising exporters' hopes that Beijing has lifted what French officials have called an unofficial ban on French grain purchases. Late last year, the president of the French National Cereals Office said China, usually a majorReuter - 276 words
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310 1990-02-08 3 Reuter VIETNAM could need tens of billions of dollars to improve its infrastructure if it were to reach the standard of its South-east Asian neighbours, Vo Van Kiet, a Vietnamese vice-premier, said on Tuesday. Vietnam's other main priorities were to boost theReuter - 310 words
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434 1990-02-08 3 INDONESIA'S deregulatory measures on credits introduced on Jan 29 are confusing because parts of it are inconsistent with the government's objective of invigorating the private sector's participation in economic development, The Jakarta Post reported on Tuesday. "Inconsistency in the government's deregulatory measures may affect the future434 words
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158 1990-02-08 3 Bernama MALAYSIA will always be a top draw for South Korean investors, according to its ambassador to Malaysia. Dr Sohn Jangnai said on Tuesday that although wages were higher in Malaysia than in Thailand or Indonesia, what attracted the Koreans toBernama - 158 words
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330 1990-02-08 3 MBT INOONESIA't Minister for Tourism. Post snd Telecommunication, Soesilo Soedsrman, said on Tuesday that the implementation of development projects under his ministry which were financed with foreign aid during the current 1969/90 fiscal year had not run as smoothly asMBT - 330 words
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153 1990-02-08 3 Bernards THE Malaysian Ministry of Trade and Industry is investigating the "sale" of permits to import used cars. Minister Dstuk Seri Rafidah Aziz said the permit holders charged about MS 15,000 for every vehicle imported by the third party. "We areBernards - 153 words
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Page 3 Advertisements
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Advertisement168 1990-02-08 3 Thanks To NTUC INCOME, Mr Back On His Feet to w Time. 1 ■EBMiEL, SB < NB Ki I I 1 m wok I 1.1 Jj mL J U I ir ii iiii I Recently Mr Chua broke a leg and found Fortunately, Mr Chua had accident For Mr Chua168 words
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WORLD BUSINESS & POLITICS
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479 1990-02-08 4 AP THE US TRADE DEFICIT with Japan is declining but higher US import prices may ba needed to bring the results wanted by Congress, said officials of the Japanese government and industry. "Congress wants a quick fix, so your demandAP - 479 words
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180 1990-02-08 4 Reuter THE US has asked Japan to allow foreign firms to take part in satellite development as main contractors. An official of Japan's Ministry of Posts and Telecommunications (MPT) said in Tokyo on Tuesday that the US had also asked Japan toReuter - 180 words
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Article, Illustration491 1990-02-08 4 Reuter THE BRITISH Chancellor of the Exchequer should raise UK taxes by a net £1 billion in fiscal 1990-91 (April/March) in his March 20 Budget, if he wants to get wage and price inflation moving decisively down, the Institute ofReuter - 491 words
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214 1990-02-08 4 Reuter HONGKONG, tha world's biggast taxtila and clothing axportar in tarma of valua, says it haa strong reservations about US proposals to phaaa out raatrictions in tha trada. Robart Footman, daputy di-rector-ganarsl of tha Britiah colony's Trada Oapartmant, aaid yastarday:Reuter - 214 words
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226 1990-02-08 4 Reuter A US OFFICIAL haa warned South Korea that its reported refusal to meet a Feb 7 deadline on aubmitting a timetable for lifting beef import barriers could lead to American retaliation. South Korea waa recently ordered by a panel ofReuter - 226 words
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312 1990-02-08 4 AP THE THREE major US Republican fund-raising committee# reaped mora than US$BO million in 1909 and enterad thia election year with more than US$l4 million on hand, nearly triple the combined war cheat of their Democratic counterpart. according to the Federal Election Commieeion.AP - 312 words
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185 1990-02-08 4 AP THE BUSH adminiatration haa sent Congreee a peckage of recommendations for new farm legislation but did not spell out how commodity programmes should be reduced in order to meet federal spending cutbacks next yeer. US Agriculture Secretary Clayton Yeutter aaid in Washington onAP - 185 words
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Article, Illustration383 1990-02-08 4 Reuter BUSINESSMEN believe the unbanning of the African National Congress (ANC) and the chances that its leader, Nelson Mandela, may soon be free could in time restore Pretoria's respectability in the world's political and financial community. "This might start a chain of eventsReuter - 383 words
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Article, Illustration474 1990-02-08 4 AP PRESIDENT QEORQE BUSH'S US$292 1 billion defence budget has been criticised for failing "to match the new political realities at home or abroad". The chairman of the US House of Repreeentatives Armed Services Committee. Democratic congressman Lee Aapin. said on TueedayAP - 474 words
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195 1990-02-08 4 Reuter THE AFRICAN NATIONAL Congress (ANC) guerilla movement says it is still drafting an economic blueprint for a free South Africa but favours a mixed economy. A top ANC official said a decision on whether to nationalise big firms would depend onReuter - 195 words
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Article1114 1990-02-08 4 ARRIVALS Operator Swln Local Prom OAl MAS AM HK SU UAl UAL KAl MHTANMA IDA TMA SfY SA OLM SU MC SA SU MAS MAS MAS ACA SU CAL CPA MAS SU cu MA SU GU OPA CU THA TtY SU PAL CU SU THA MAS SU1,114 words
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349 1990-02-08 5 Reuter USI SECRETARY of State James Baker haa proposed a political and financial aid package for Chechoslovakia but warned that Washington would sconomically isf late Eastern European nations wbich wavered in the transition to, democracy. In a speech prepared for delivery at Prague'sReuter - 349 words
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318 1990-02-08 5 Reuter CHECHOSLOVAKIA, burdened by fotr decades of economic misnllnagement under communist rule, could move to a Westerners markst economy within three years, said the country's leading economic specialist. First Deputy Prime Minister Vlaltr Komarek, outlining an economic programme prepared by ah expert commission, toldReuter - 318 words
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231 1990-02-08 5 AFP EUROPEAN COMMUNITY (EC) ministers are split over how they should open the post-1993 single market to Japanese car imports. The ministers agreed late on Monday that Japanese exports to the Community should be restrained during a transition period after 1993.AFP - 231 words
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Article, Illustration612 1990-02-08 5 Test of strength between government and Bundesbank AFP WEST GERMAN Chancellor Helmut Kohl and central bank governor Karl-Otto Poehl have differed aharply on whether Bonn should push for swift economic and monetary union with East Germany. Mr Kohl on Tuesday proposed to openAFP - 612 words
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524 1990-02-08 5 Reuter WEST GERMANY plans to spend nearly seven billion marks (US$4.2 billion) in its first budget for Eaat Germany to reecue the country from collapse, finance ministry sources in Bonn said on Tueeday. The budget, expected to be preeented on Feb 14 as aReuter - 524 words
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Page 4 Advertisements
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Advertisement118 1990-02-08 4 RESIDENTIAL DEVELOPMENT SITE FOR SALE BY TENDER j .ManLoyangßaaarSite CLOSING DATE 1 MAR 1990 4PM LEGAL DESCRIPTION Lot 310-16, 311-1 Mukim 31 AREA I Lot 310-16 35,604.95 sf (3307.7 sm) Lot 311 -1 4.121.63 sf (382.9 sm) Total 39.726.58 sf (3690.6 sm) GENERAL DESCRIPTION Zone Permanent Residential Potential of developing118 words
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Advertisement22 1990-02-08 4 BOSTON IwiMMliiMl Ahyrttk2 C*U your rrruri 4fmt or Atr CdOtdJU mt 732 #JJJ. A Breath Of Fresh Air VJv r Air Canada22 words
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Page 5 Advertisements
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Advertisement122 1990-02-08 5 I r warn -i '.ii. »uu .u.| ————ip—————— i I i Every day you make financial your company's future. To get ahead, you need accurate information as fast as possible: you Hexagon, Hongkongßank-s global electronic financial service system. Hexagon gives you direct access to FOREX infonnation, lending and deposit rates,122 words
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Page 5 Miscellaneous
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Miscellaneous53 1990-02-08 5 Doonesbury BY GARRY trudeau smrrur UHATSOPD I I ZONKOt, A MAR-ujmj Y 1 ANIMPKOBABOUT6OIN6 PJAG&&MORB £lsß I tUHBf&PO I ABI£TH£CW, TO Sleep fib THAN3LUPM6 cANiOU I )OU THINK I S S££ lAPMT.BUT soonaswj pom I AiexcAMt I WZR I M ow* &tkx>Bß» i AHoneß... I raw? I MWV I AR^53 words
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FOCUS
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Article, Illustration958 1990-02-08 6 The Japanese approach to elections is unique in many, ways. Focus features the advertising strategies of the JSP and the LDP while looking back in retrospect at an era when politicians struggled for power within the; LDP itself. The accompanying piece examines how talkNYT - 958 words
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Article, Illustration604 1990-02-08 6 Reuter FAR FROM the flag-waving crowds and loudspeaker vans of a noisy election campaign, some of Japan's best known politicians have quietly retired, stars of a bygone age of bitter feuds within the ruling party. For two decades, theReuter - 604 words
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Article, Illustration943 1990-02-08 6 Asahi IT IS OFTEN the case in any democratic country that candidates for public office intentionally do not try to clarify their beliefs, or they pledge themselves to policies that may go against their beliefs. The United States, a country regardedAsahi - 943 words
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Page 6 Advertisements
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Advertisement130 1990-02-08 6 v >#- f ~*§K t 'v" y ->7? t <1 K-v"' I jHf' lP|Wjs*p „> V- A BIGGER BANG FOR THE AEROSPACE BUCK jjr\ It pays to advertise in Business Times' h\ ASIAN k AERfSBACE'9O supplement *V the official business daily of the air show. 7 As in past years,130 words
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PERSPECTIVE
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Article, Illustration1228 1990-02-08 7 President Bush has laid bare the economic rationale behind many of the policies spelled out last month in the Budget and State of the Union Message. Though lacking in bold initiatives, he is singularly-minded about achieving high growth and a balanced budget by fiscalNYT - 1,228 words
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Article, Illustration1120 1990-02-08 7 FT THE BUSH ADMINISTRATION expects the US federal budget deficit to fall to US$63.l billion in the 1991 fiscal year starting this October from an estimated U*****.8 billion the current year. The drop reflects the expectation of higher revenue tQanks to economic growth andFT - 1,120 words
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Article535 1990-02-08 8 THE IDEA of subjecting all applications for new share issues to balloting, if adopted, could add another element of uncertainty to an already risky game. By itself, balloting applications for heavily subscribed share issues is not new. But the thought of forcing applications for535 words
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Article, Illustration1538 1990-02-08 8 ONG MING SEING - Having won a bitter battle over the issue of protecting Chinese students in the US, President George Bush now has to prove to Congress and the American people that his policy towards China is for the better of US international policies. ONG MING SEING,1,538 words
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Article, Illustration964 1990-02-08 8 NYT TWO YEARS into South Korea's first experiment with a freely elected democracy, the country's strife-weary leaders say they are planning to transform the government into a system that, at least on the surface, will strikingly resemble Japan's: parliamen-tary-style rule dominated by a single, conservative partyNYT - 964 words
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Page 7 Advertisements
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Advertisement390 1990-02-08 7 j— mi till *ni if IpF CELEBRATE LOVE jiP" AT THE MANDARIN SINGAPORE a 1 \rtS&P v '-> jSfc3 Moments, our complimentary cock- accompanied by a special cocktail, is Show at 10.30pm with models from e tail. It's altogether a night to bound to score points for you in the390 words
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Page 7 Miscellaneous
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Miscellaneous62 1990-02-08 7 i:AkJS.M;aB!Jt!B3SM HOLD ON R e*RTHDAV CARD... aJOUJ UJHAT A 'GET uJeLLICARD ft'UJCXCon^ Idi3PIP»Y OP chßisers CARDS 0 r t s (P^L!if'± > Home' CARD... -"■—v CASTeR CARD... R WEDDING fRPRIL\ card RNeMGAoemeNT CRRD... POOL J f\ Rex.RerneNT c*RD... 'FRom my \youj^J Xi^r^rr^ x% ~l PeT TO RET* card- fosrcNfo J62 words
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Page 8 Advertisements
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Advertisement113 1990-02-08 8 I FOR THE VIEWS 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 out113 words
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Advertisement71 1990-02-08 8 -7-T K tic *c ISIBi' Specialua m Fme Hand-knotted Carpets GRAND AUCTION' ***** frnmrrrw' giT Sunday, Feb. 11,1990. 111 j p* Grand Ballroom l|| Hilton International ra T gj|| Auction Sale: 1.30pm spm oa All lots are guaranteed and backed by £3 a full trade in value at our showroom71 words
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COMPANIES & MARKETS
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493 1990-02-08 9 ABDUL HADHI - s ABDUL HADHI THE FIRST among the four closed-end listed investment funds to release its year-end results, General Securities Investments Ltd (GSI). which is managed by DBS Trustee, has ended 1989 with a substantial increase in earnings. Aided by a good493 words
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416 1990-02-08 9 PROPERTY-BASED Malaysian Resources Corporation Bhd (MRCB) is in the hands of a number of minority shareholders who individually own no more than 5 per cent equity interest in the company. Chief executive officer Subimal Sen Gupta said this when dismissing market416 words
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Article, Illustration511 1990-02-08 9 w Bernama OBMB SECURITIES Sdn Bhd, projecting hugely increased group turnovers ana pre-tax profits (or Tan Chong Motor Holdings Bhd for 1989 and 1990, has recommended the company's shares as a "long-term buy or hold". BBMB Securities said in the. latest issue of itsBernama - 511 words
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Article192 1990-02-08 9 LAST FULL YEAR fwlod Oat* YMX Nat EPS Grow Nat announced •ndlng (cant*) dW prof* 'off fix ($-000) S P Textile final Dec 5 Sep 89 28 61a) 11 7(a) 13.329 Berfoyo Corpo Interim Dec 6 Apr 90 9.1 77 29.47) Berjuntal Interim Dec 19 Apr192 words
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Article114 1990-02-08 9 LAST FULL YEAR Company Parted Dote Yaar Net EPS Oram Net omounctd ending (<•*>) dhr prof* km y«or ($■000) Wtomts Final Dec 14 Sep 89 1661a) 12.0(a) 14.980 Met a lock Interim Dec 19 Mar 90 14.5 80 3.482 Klnta KeMas Interim Jan 26 Mar 90114 words
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314 1990-02-08 9 HONGKONG MACAU Development (HMO), in which UIC boss Oei Hong Leong has a substantial stake, has acquired a 4 per cent share in Hongkong company Asean Resources for about HK$lO.B million. HMO has been diversifying its business activities following the entry314 words
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394 1990-02-08 9 ANDREA BORCH - By ANDREA BORCH WING TAI Holdings Ltd and Lum Chang Holdings Ltd announced separate property deals worth a total of $25.82 million yesterday. Wing Tai said its subsidiary Winwards Investment Pte Ltd had entered into an agreement to pay $17.82 million for394 words
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Article, Illustration589 1990-02-08 9 M 51.35 per share offer spells total of M537.34m INNOVEST BHD is expanding its interests in the food business through a proposed purchase of a major stake in Chocolate Products (M) Bhd currently held by Unico Holdings Bhd. The589 words
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Article52 1990-02-08 9 IN OUR Hock Lock Siew column 'Trustee stock status for SIA 200?' on Tuesday. Feb 6 we said SIA 200 shares are not included in the list of trustee stocks. The Central Provident Fund has pointed out that they in fact are trustee stocks. We apologise for52 words
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Article85 1990-02-08 9 MALAYSIAN General Investment Corporation (MGIC) has appointed Tunku Abdullah to its board of directors. The appointment took effect on Tuesday ARAB-MALAYSIAN First Property Trust announced that its share certificate number *****, representing 15.38 million units and registered in the name of Ar-ab-Malaysian Development Bhd, had been cancelled and85 words
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431 1990-02-08 9 KIM ENG HOLDINGS starts trading on the Stock Exchange of Singapore today under the "Finance" sector of the first trading section. In a statement yesterday, the Stock Exchange of Singapore said certain shareholders holding a total of 150 million Kim Eng shares have undertaken431 words
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COMPANY NEWS
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Article, Illustration725 1990-02-08 10 Government leaving decision to bank Reuter HONGKONG'S biggest bank, the Hongkong and Shanghai Banking Corporation, is coming under renewed pressure both at home and abroad to reveal the exact amount of its inner reserves, hitherto secret under the colony's banking laws. DavidReuter - 725 words
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493 1990-02-08 10 Bernama WHILE MOST INVESTORS may be thinking twice these days about investing in Hongkong in view of the uncertainties over its return to China in 1997, Public Bank Bhd views its entry into the territory as a "good and attractive" business opportunity. In itsBernama - 493 words
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Article, Illustration517 1990-02-08 10 Bernama THE REDIFFUSION GROUP of companies in Malaysia plans to obtain a listing on the Kuala Lumpur Stock Exchange (KLSE) within the next two years, said its chairman, Tan Sri Azman Hashim. To facilitate this, a revamp of its organisational structureBernama - 517 words
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372 1990-02-08 10 Bernama MALAYSIA AIRLINES (MAS) will run a fleet o! about 50 new modern-type aircraft by 1994 to upgrade its domestic and international services. Managing director Tan Sri Abdul Aziz Abdul Rahman said on Monday that the airline had placed advance orders for the aircraftBernama - 372 words
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259 1990-02-08 10 Bernama WORLDWIDE HOLDINGS Bhd (WHB) ho projected a pre-tax profit of Mss million for calender 1990 following the completion of its proposed restructuring and full conversion of its proposed loan stocks. In a circular released in Kuala Lumpur on Tuesday outlining details ofBernama - 259 words
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BANKING AND FINANCE
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Article, Illustration352 1990-02-08 11 SOH TIANG KENG - By SOH TIANG KENG Financial Correspondent THE REPUBLIC New York Corporation will continue to focus its attention and activity on "stable areas" like Singapore and Far East despite the new economic opportunities presented by Eastern Europe. Its chairman, Walter Weiner, yesterday352 words
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231 1990-02-08 11 Bernama BANK NEGARA's large gold and foreign exchange reserves of MS18.7 billion as at mid-Decem-ber last year should be sufficient to contain any drastic fall in the external value of the ringgit, Bank Buruh said. This is in view of the expected deficitBernama - 231 words
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580 1990-02-08 11 YONG POW ANG - By YONG POW ANG NTUC INCOME, which has accumulated $650 million worth of funds, is moving into corporate loan business to increase the returns from its investments. It has also decided to stop marketing its fund management services to trade unions in order to580 words
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Article, Illustration412 1990-02-08 11 DEXTER LEE - By DEXTER LEE INSURANCE COMMISSIONER Law Song Keng announced yesterday that measures will soon be implemented to regulate life insurance agencies and agents in Singapore. > Mr Law. who was delivering the opening address at the 12th LUA (Life Underwriters412 words
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279 1990-02-08 11 Reuter D THE STATUTORY managers of failed investment bank DFC New Zealand Ltd said a restructure through creditor management was the most favourable option for the company. They said in a report to creditors they did not favour the other possible options of liquidation, equityReuter - 279 words
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Article165 1990-02-08 11 Gold future* on Febuary 6, 1990 100 troy ounces; USS par troy ounce Ofw High Low SeMe M> 422.00 422.00 420.40 421.30 -1.10 Mor 423.00 423.00 423.00 423.40 1.20 427.00 427.40 425.30 424.40 •1.10 Jw 433.20 433.20 431.30 432.10 •1.20 Auf 438.10 438.50 437.10 437.30 •1.30 Oct165 words
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114 1990-02-08 11 Reuter HONGKONG has no intention at present of disclosing the total level of its secret Exchange Fund, said David Nendick, Hongkong's Secretary for Monetary Affairs. The size of the Exchange Fund, which holds the bulk of the government's financial assets andReuter - 114 words
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Article, Illustration673 1990-02-08 12 BT special advertising feature y a, iwrtJ With the increasing importance of the Pacific rim, Cathay Pacific is positioning itself as the international flag carrier of the area with its home base, Hong Kong, as the central hub. With this, Cathay Pacific has launched The New673 words
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MONEY AND EXCHANGES
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Article588 1990-02-08 14 SIMEX Eurodollar futures closed slightly lowor on profit-taking and liquidation In cautious trading aheed of the auction ol US$lO billion of US 10-year Treasury bills. March cloeed at 91.58 from Chicago's 01.62 and June at 01.45 against 01.48. Around 21,850 lots were traded. March yen was unchanged from Chicago's588 words
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Article1007 1990-02-08 14 IMM currency futures cloeed mixed after a choppy seeaion as participants awaited news from the meeting of Soviet Communist party leaders. Traders noted croea activity favouring the mark against the sale of Swiss franca, the yen and Canadian dollars. At settlement, March Japaneee yen futuree were off 0.*****7 at1,007 words
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Article63 1990-02-08 14 THE overnight rate on the Singapore money market was up 1/16 point at 1/8 per cent yesterday. One-month rate fell by 1/4 point to 6-1/4 while two and three month rates dropped 1/4 to 6-5/16. S$ Interbank ratM at th« ck>M yesterday: orm «o Ow nigM 1/i 063 words
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Article108 1990-02-08 14 Treasury Mils Period ltsu« Yesterdoy's dosing Day's cod* Maturity MO OMR MGH LOW 3 rnomtw BQ901Q5N 10.05.90 0.80 0l75 1.00 0.25 6 months 1 yeor BY*****Z 18.10.90 1.75 1.70 1.9* 1.10 Government notes end bonds Period Issuo Maturity Coupon Yesterday's dosing Day's cod* rat* M0 OFFtt MGH108 words
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Article, Illustration185 1990-02-08 14 •MnlMlwavM«i«l m« prim* tondbtg rate* of 12 major banks In t'por* f Interbank market rates (offar/bid) on Fab 7 US$ DM SWFC Y«n 7 4myt 9/9 1/4 IS 1/1* 14 IS/14 1/1* 7 IS/14 f l/t la* *S/I4 J/14 IS l/t —IS J/14 —1/14 t 11/14 —4/14185 words
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Article1047 1990-02-08 14 CURRENCY FUTURES OPTIONS IMM Tuesdoy, Fabuory 6, 1990 MITISH POUND m.W. aanM par t MM MM-c JIM p Ma P 1490 X9S U« 4 9* (MM 072 3 60 1*73 144 X9* 340 042 140 44* 1700 042 14* 24* 14* 170 *4* 1733 0.04 044 2.10 440 *4*1,047 words
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Article242 1990-02-08 14 ASIAN DOLLAR deposit rate* finished unchanged at opening levels, which differed little from Tuesday s cloeee. The overnight rate ended at 8-1/4 6-1/8 per cent against Tueeday's close of 8-5/18 8-3/16 per cent. Week-fixed, three, six and 12 month# were unchanged at 8-6/16 8-3/16 per cent 8-3/8242 words
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COMMODITIES
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Article328 1990-02-08 15 RAS prices m s <»««•*«, fob m NOON CLOSE feycr* Seller* fc»yor* Seller* M 1 RSS Prompt 159.25 160.25N 159.25 160.25 Int 1 RSS Mar 90 ***** 162.00 161 JO 162.00 bit 1 RSS Apr 163.25 ***** 163.50 164.00 bit 2 RSS Of 154.00 156.00N 154.00 156.00N328 words
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Article197 1990-02-08 15 ChJn«M Product ExchWQ# S*U*n' noon doting prkm on February 7 (S$/100 kg) Coconut oil Bulk FOB 79.00 Old drum FOB 93.00 Now drum FOB 89.00 Copra Mixod (loot*) 41.00 t*ll*n Poppor ,k|ta wipiw FOB NIW 382-50 Sarawak whit* FOB faq NIW 372.50 Sarawak ipodal block FOB NLW 325.00197 words
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Article197 1990-02-08 15 London Commodity Exchange Buyer/Seller dosing price* on Feb 6 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Mar 548/549 (565/566) Htgh/Low 564/548 May 555/557 (587/588) Hty/low 575/555 Salo* (4211) Cocoa Mar 619/620 (618/619) High/Law 623/618 May 630/631 (629/630) Kgh/Low 634/628 Solo* (6287) Sugar No 6 FOB (US$/tonne)197 words
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Article285 1990-02-08 15 SINGAPORE: Rubber prices closed slightly lower in Singapore with March 1 RSS buyer quoted at 161.50 cents a kg, down 0.50 cant from Tuesday's cloae. Dealers said prices held steady due to a lack of interest in quiet and featureless afternoon trading. Operators were reluctant to take up any285 words
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Article167 1990-02-08 15 TIN prlcee on Km Kuala Lumpur Tin Market (KLTM) closed unchanged at M 516.12 a kg, dealers said. "The market remains a t |n i n as iivtay in ivfiv wmi Mvioiff London cloolng and tho stronger US ttnttw against tho rlngglt," ono dealer Mid. Trading was quiet167 words
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Article395 1990-02-08 15 Reuter HONGKONG: Qold cloeed essisr on selling by Swiss traders in late trade following sarlier Jspsness and local profit-tak-ing at sbout tho US$42l sn ounde level. "The market was basically vary quiet ss peopls wars sidsiined shead of tho rssults of tho Soviet Union's central committee meeting onReuter - 395 words
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Article150 1990-02-08 15 Telerate FUEL oil was unchanged in Singapore. CSTIBO sellers remained at $96-7 mt fob Sing, with buyers at $94 mt level. Delta between CSTIBO and CST3BO was expected to widen due to the amount of uncommitted inbound CST3BO. Late February CST3BO was on offer at $92Telerate - 150 words
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Article, Illustration423 1990-02-08 15 Major players mainly M'sian refiners and dealers in Singapore Bernama FUTURES TRADING in refined, bleached and deodoriaed (RBD) palm olein atarted off with a "big bang" on the Kuala Lumpur Commodity Exchange on Tueaday, with brokera describing the debut performanceBernama - 423 words
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Article212 1990-02-08 15 Bernama THE CURRENT low price of tin is caused by traders "suppressing" the market on the London Metal Exchange and the lack of urflency by producing countries to tighten suppliee, Primary Industries Minister Datuk Seri Dr Lim Keng Yaik said. Tin producing countries, including top producersBernama - 212 words
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Article551 1990-02-08 15 MALAYSIAN CRUDE PALM Oft. FUTURES: cloaed lower in moderately active trading on the Kuala Lumpur Commodity Exchange (KLCE). Traders said the market was listless in the absence of fresh factors coupled with the fact that the market had already discounted the low production expected for January. The market551 words
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Article169 1990-02-08 15 CBOT soft red winter wheat closed lower on speculative selling pressure after Egypt's wheat purchase overnight and yesterday s Chinese purchases failed to attract follow-through buying, traders said. The generally good condition of the mid-West-ern SRW wheat crop pressured new crop values. although some sections of the western hard169 words
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Article167 1990-02-08 15 CBOT soybean futures closed quietly mixed, with talk that the steady flow of soybeans out of delivery elevators will continue and tighten available supplies, helping nearbys gain on deferreds. traders said. The lack of farmer selling added background support. However, the outlook for a further decline In the US167 words
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382 1990-02-08 15 Bernama MALAYSIAN palm oil has bean latching "ridiculous'' prices in world vegetable oil markets and "drastic changes" in marketing policies can be expected soon to remedy the situation, Malaysian Primary Industries Minister Datuk Sari Or Lim Keng Yaik said. He said afterBernama - 382 words
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SES
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Article, Illustration859 1990-02-08 16 LIM MUI KHI - -By LIM MUI KHI THE' SINGAPORE stock market clospd weaker yesterday but sha*s prices stood above their day's lows in moderate trade. However, as measured by the Straits Timee Industrials Index, the market roee a marginal 1.96 points to 1,584.66. The broader market as859 words
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Article237 1990-02-08 16 Rises Metro Hldg* 605 6.1% +35 Cold Stofog# H 452 +4.6% +20 M Crwft Wm 83% +4.4% +3% O C I C Fortlgn 1250 +4.2% +50 344 +4.2% +14 Marco Po»o 240 3.9% +9 tobiruon 326 3.8% +12 OCKWm 1994 420 3.4% +14 Toatow Ind 50* 103 +3.0%237 words
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Article224 1990-02-08 16 Rises AH Plantations 145 20.8% +25 t A S H 50# 146 +16.8% +21 FfWMt 99 +7.6% +7 ftaya 166 +7.1% +11 Magnum Corpn 525 6.3% +31 tarfaya Corpn 169 +5.6% +9 IH-Swloia 196 +5.4% +10 4 Holding* 280 +5.3% +14 foMax Corpn 197 +4.8% +9 Emo 50*224 words
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SES SHARE INFORMATION
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Article3121 1990-02-08 16 0r*8 Or*o Ittt/tQ Tol LMt Vol Ooy Uwt OMOto ON 0*» Nat M Cj»p High Low Cod* Company Solo +oc- 000) High Low Buyof Solloc vr FEB 07 SECTION TWO INDUSTRIAL COMMERCIAL 200 190 O 1142 Alex Hldga 50* 166 25 2 1§r as t 1160 Inno-Paciflc 1373,121 words
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Article2099 1990-02-08 17 Qr's Or't 1SS0/S0 Tol LmI Vol Day Um( Quote Ofv Mv Y*M Not M Cop High Low Codo Company Solo oc- ('000) High Low Buyor SoMor C*vr P/E SmH FEB 07 HOMO KONG STOCKS 1000 980 1739 Cheung Kong 1000 750 715 1341 HongkongBank 750 8 3.2 7502,099 words
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Article225 1990-02-08 17 t imr, _,.l, 143 .1 14 144 143 141 144 6.ON 6.6 0.6 16. t 190 70,4 4006 Fuji Oflaat 20* 114 +1 17 ion 300 300 302 40 OW 5.4 13 140 NtJ S° 3 5 S 1:2 ia5 !S S 2m So -9 3 i» ISO in225 words
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Article267 1990-02-08 17 6000 ASK Computer M 1975 1900 8001 Adolph Coora 1975 \£i 4937% 3475 6003 Apple Computer 3812V4 3WB 8005 Charming S 6007 Cipher Data III. 6010 Oalay Syatema 900 6011 Draadnar Bank ***** **"*****5000 5000 8012 Ericaaon Tel 5000 III3650 2325 8013 Intel Corpn 3775 3950 4050 8014 Intergraph267 words
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KLSE
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Article, Illustration2894 1990-02-08 17 THE KUALA LUMPUR stock market fluctuated within narrow margins to cloaa mixed yesterday after posting record highs in share prices and turnover for the previous two sessions Profit-taking waa noticeable among speculative counters and situational issues which had been commanding the bulk of investors' interest lately. In2,894 words
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Article299 1990-02-08 17 Monogn' prices Royal Trust Assei t Mgt UOB Management 140 Dotwa Japan fund J?*fc 6 1 Thai Mm Fund (fab 2 1 *9JOB US$17 9J3* for Feb 8 T S'por* Gr fund 112 1 18 Unifund 1 J4 I'ston* fr Fvnd _5»» IT Asio-Pnc Gr fund 1.14 120299 words
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REGIONAL MARKETS
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491 1990-02-08 18 Analysts expect competition for capital Reuter MANY STOCK MARKET analysts in South-east Asia say the prospering region could become locked in intense competition for capital with resurgent East Bloc economies. Ranjan Pal, director of forecasting services at Business International Asia-Pacific in Hongkong, predictsReuter - 491 words
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228 1990-02-08 18 Reuter "THE SECURITIES Exchange of Thailand is lifting a one-month suspension against sub-broker Chao Thai Securities Co Ltd. effective on lF*b 12. Exchange president Maruey Phadoongsidhi said the market's 35 .member brokers are permitted to Accept buy and sell orders from Chao Thai from Monday toReuter - 228 words
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294 1990-02-08 18 Reuter THE SHARE PRICE of pachinko machine maker Heiwa Corp continued a slide begun late last month as talk re-emerged that its over-the-counter (OTC) stock is at the centre of a new scandal involving politicians. Brokers in Tokyo yesterday cited rumours that NomuraReuter - 294 words
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Article, Illustration1222 1990-02-08 18 Hongkong Reuter HONGKONG STOCKS rallied for the second successive day yesterday, pushing tha Hang Sang index up 52 points or 1.9 par cant to 2,844.89 aftar Tuesday's 38-point gain. "Hongkong was waiting to go," ona broker said. "It's just that wa wara waiting for something whichReuter - 1,222 words
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514 1990-02-08 18 Tokyo Reuter TOKYO SHARES closed sharply lower yesterday as market uncertainties and recycled rumours chased skittish investors to the sidelines. Some index-linked buying by investment trust funds and buying related to February options expiry today were overpowered by widespread selling. "It's a nervous market,"Reuter - 514 words
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Article, Illustration441 1990-02-08 18 Australia Reuter AUSTRALIA'S share market dropped to a sharply weaker close yesterday under pressure from negative overseas news and mounting nervousness about the rising toll of corporate collapses. The All Ordinaries Index finished 21.3 points down at 1645.6. "There are a lot of worries about the earnings ofReuter - 441 words
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Article150 1990-02-08 18 Rautar MANILA ahare prtcea yeeterday roaa in thin trad*, sustaining a technical rally that atartad thraa daya ago. Thla ia a minor rally which I baliava would continua tor tha raat of tha waak. But I cant aay tha aama tor naxt waak ainca tha general trandRautar - 150 words
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Article107 1990-02-08 18 Reuter NEW ZEALAND aharaa yaatarday followed Wall Street'a lead to and lower on email turnover. The Barclaya Index ended 30.96 pointa down at 1,936.68. Fletcher Challenge ended 10 cents down at NZ$4.lB. "Fletcher waa one of the worst (falla) and tha raat of the stocks justReuter - 107 words
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Article237 1990-02-08 18 Reuter SEOUL STOCKS toll yesterday on profit-taking as individual investors steadily aoid stocks after several optimiatic rumours failed to materialise, brokers said. The compoeite index cloeed at 880.39. down 6.47 points from Tueeday'a cloee. Turnover waa a alight 150.4 billion won againet 241.2 billion on Tueeday.Reuter - 237 words
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Article116 1990-02-08 18 Reuter THAI aharee plunged acroas the board yestorday on freeh speculstion that the government ia planning to dieeolve the House of Repreeeotatives and call general elections soon, brokers said. They eetl mated the compoeite SET Index loet more than 32 points, or 4 per cent in theReuter - 116 words
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Article207 1990-02-08 18 Reuter BOMBAY share prices ended mixed in light trading yesterday. Brokers said investors kept to the sidelines watching events in Kashmir, troubled by separatist Muslim unrest The Bombay Stock Exchange gained 0.21 point to 674.47. The national index was up 0.67 to 376.02. Brokers said buying supportReuter - 207 words
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Article92 1990-02-08 18 Reuter THE Jsva Peletizing Factory (Japfa) dominated Jakarta stock trading yesterday with 1.49 million of its shsres chsnging hands, the exchange said. It closed 275 rupiah higher at 7,g75. Total turnover was 2.69 million shsres. up from Tuesdsy's 1.07 million and the msin index roee 2.13 pointsReuter - 92 words
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WORLD MARKETS
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Article, Illustration765 1990-02-08 19 New York Reuter APPREHENSION about the success of the US Treasury's US$3O billion quarterly refunding sapped interest in US stocks on Tuesday, allowing sellers to dominate the action. Share prices ended weaker, but above their lows. The Dow Jones Industrial Average cloaed downReuter - 765 words
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Article1484 1990-02-08 19 Reuter ZURICH: Swiss shares extended early losses to close weaker in moderately active trading yesterday depressed by lower international markets and higher local interest rates, dealers said. The Swiss Market Index of leading shares closed 18.6 points lower at 1,752.0. The all-share Swiss Performance Index shed 10.8Reuter - 1,484 words
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Article, Illustration806 1990-02-08 19 London Reuter LONDON SHARES started mostly lower yesterday following a 16-point fall on Wall Street overnight, but buainess was slack and the market lacked clear direction. Dealers said prices were marked lower as buyers failed to appear, and added that the market looked set to drift inReuter - 806 words
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518 1990-02-08 19 Reuter SWEDEN'S Te lefonaktiebolaget LM Ericsson will sn at Issst double profits for 1909 due to b« announced today but its growth boom is over and a slowdown can be expected after 1990. Analysts in Stockholm said yeeterdsy that they expect 1909 profits ofReuter - 518 words
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124 1990-02-08 19 AFP WEST GERMAN industrial group Daimler-Benz Mid on Tu—day it was abandoning Hi rota of madiator in aaiiing MBB'a naval shipbuilding acttvittee. A spokesman for Daim-lar-Banz's aaronauttca division Dautacha Aaroapaca (Daaa) said tha group had tha impression that "not all tha partlaa invoivadAFP - 124 words
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427 1990-02-08 19 NYT EASTMAN KOOAK CO on Tueeday reported a larger-than-expected charge in the fourth quarter from tailing operations and laying off employees, resulting in a loaa of USSOO million. In tha fourth quarter of 1988, Kodak had profita of US$3l2 million, or 96 cantsNYT - 427 words
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Article108 1990-02-08 19 HONGKONG Hongkong Indox Wednesdoy 1,867 47 Tuesdoy 1.834 25 Wnt ago 1.805 75 Hang Song indox Wednesday 2.***** Tuesdoy 2.***** WMkogo 2.***** All Industrials Wednesday ZS57 6 Tuesday Z586.6 Week ogo Z6I89 NEW YORK Dow Jonos Tuesday Z606.30 Monday 2.***** Week ogo Z***** TOKYO Nlkkol Avorogo Wednesday 37.XI108 words
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Page 9 Advertisements
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Advertisement78 1990-02-08 9 THE GATEWAY" Singapore's Premier Office Development is available for leasing now! The Gateway is almost completed. Close to CBD, outside the restricted zone, competitive rent. You can join our growing list of Fortune 500 tenants by calling Singapore Land or Richard Ellis today. Another Ouairtv Drvrlopmcm b* fO R FURTHER78 words
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Page 10 Advertisements
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Advertisement199 1990-02-08 10 c m l M yff 1§ 9 '.Ihf i IWII M, Kpg^^^^Ej^Eg: FOR SALE BY TENDER. NEW TECH PARK, SINGAPORE. A The ultimate. New Tech Path is Singapore's («52» mi. Sew I.* Ps.k teat™ aietd* cdun»lr<. leading high-tech indn.lri.l Und-maeh. «<~ «•<«» >K nrp«tidioiK v Vr^Wf—capacity ranging from 7.5 kN/sq.199 words
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Advertisement40 1990-02-08 10 INTHE MARKET In a tremendously competitive business where ignorance means you're out and where "market intelligence" is always a welcome edge. ADVERTISING MARKETING covers a vital sector of the economy comprising the country's communications muscle. Every Thursday... ADVERTISING MARKETING in40 words
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Page 11 Advertisements
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Advertisement150 1990-02-08 11 f T The best part J about Telepac service is that WW! »"VV IW UIM» And the good news doesnt just end here Because Telepac gives your local and international computer network uncompromised data integrity and at high transmission speeds. Telepac is a vital computer enhancement which allows users unlimited150 words
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Page 14 Advertisements
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Advertisement826 1990-02-08 14 "S J ANNOUNCEMENT f GENERAL SECURITIES INVESTMENTS LIMITED L (Incorporated in the Republic of Singapore) 'J The Board of Directors of General Securities Investments Limited wishes to make the following announcement. J I AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1989 JL 1989 1988 Or Company Group Company Group826 words
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Page 15 Advertisements
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Advertisement764 1990-02-08 15 I THE BANK OF EAST ASIA, LIMITED ANNOUNCEMENT The Directors of The Bank of East Asia, Limited announce that the consolidated profit of the Bank for the year ended 31st December, 1989 after providing for taxation, depreciation and making transfers to inner reserves was HK5333,382,000, representing an increase of 19.0%764 words
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Page 18 Advertisements
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Advertisement455 1990-02-08 18 NOTICES THE MUTTER Of THE A COMPANIES ACT, CAP 5* -i* AND 'MAGNA MAME LINES (S) s PTE LTD i (In Membsrs 1 Voluntary •ie Liquidation) jUr an Extraordinary General i Meeting of the Company duly Gn osnvened and held at 1 Colombo dln Court #84-06 Singapore 0617 gv m455 words
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Advertisement574 1990-02-08 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND X| IN THE MATTER OF SYSTEMS COMPUTER SERVICES PTE LTD (In Members' Voluntary 0 Liquidation) r< Special Resolutions o NOTICE IS HEREBY Si GIVEN that at an Extraor- r> dinary General Meeting of ti SYSTEMS COMPUTER SERVICES PTE LTD duly574 words
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Advertisement261 1990-02-08 18 PRMEWOfILD MANAGEMENT SERVICES PTE LTD to Mhiliiii' Votunknr MndtafrUp) NOTICE B HEREBY GNtH tut tw Final IMing o( Im Mwitan ol tw axMraiMd company «lbaM4al 38 Rotinaon Road. iOSOI City Houaa, Stopper* 0108. on FMay 9 March 1980 a lIjOO w».to punoaaa Ml out ki SacBon SOB 011« CompjrtaaAdCapSO PATRICK261 words
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Advertisement5 1990-02-08 18 Tokyo prlcaa woro not available5 words
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Page 19 Advertisements
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Advertisement326 1990-02-08 19 THE BANK OF EAST ASIA, LIMITED NOTICE SEVENTY—FIRST ANNUAL GENERAL MEETMG NOTICE IS HEREBY GIVEN that the Seventy—first Annual General Meeting of the members of the Bank will be held in the Con naught Rooms, Mandarin Oriental, 5 Con naught Road, Central, Hong Kong on Thursday, 29th March, 1990 at326 words
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Advertisement6 1990-02-08 19 m Stockholm prtCM war* no! available6 words
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Advertisement498 1990-02-08 19 THE BANK OF EAST ASIA, LIMITED i NOTICE EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting at the members of the Bank will be held in the Connaught Rooms. Mandarin; Oriental. 5 Connaught Road. Central. Hong Kong on Thursday. 29th March,. 1990 at 11:05 a.m. or498 words
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Page 20 Advertisements
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Advertisement275 1990-02-08 20 U/frere tv entertain... Where to entertain... Where to entertain... Where to Breathtaking I I Cll Add a little spice to your life! I f?nnrn Come 0 1 t^ie flavour of Sri I lanka at our bullet dinner specially I \SJOy/ prepared by Sri Lankan food I Level 2 expert Felicia275 words
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Advertisement164 1990-02-08 20 COVER UP Come and listen to our recording stars, the Cover Up. They bring you your favourite English, Chinese and Japanese pop songs and evergreens Nightly at mux lounge miMO COURT MOTCL SINGAPORE 1, Tanglin Road, Singapore 1024. Tel: *****33 Presenting THE HARLEQUINS V* THE HARLEQUINS will mt&iuin youJivilh a164 words
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Advertisement174 1990-02-08 20 I FASHIONABLY HYATT I Join the fashion-conscious every I Thursday and Friday (3 6 pm) H in The Lounge II Watch our models parade the latest I collections while you enjoy our tea I spread consisting of fine tea blends, I scones and cream, fresh pastries, I cakes and fruits174 words
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Advertisement246 1990-02-08 20 SUBWAY f f a vouh »ro* row music ownks a mom After I 6 I HAPPY HOURS: 6pm U) Bpm I Monday to Thursday: 6pm lam I Kriday. Saturday 6pm 3am I PI I Eve I DRINKS AT BAR PRICE I Closed on Sunday I Plaza Hotel I 1.11.1H1 3—Q"246 words
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Advertisement201 1990-02-08 20 CELEBRATE LCVE AT THE MANCARIN SINGAPORE t r is Va^cntinc s Day, we M have many ways to seal your love. Valentine L Dinners, cocktails, revue shows, special entertainment, door gifts, love ballads, a fashion show, games, Lucky Draw and even a contest! So give your sweetheart the invitation. Call201 words
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Page 20 Miscellaneous
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Miscellaneous638 1990-02-08 20 OOP 10 Married Yingqiao helps Guo Jin get a job 11$ Malaysia Indah Sainton. Dtnn hlintinn 655 Programme Highlights. a ,eak> US c I* 130 Hikayat Hang Sella. OKeieiOn nUlllll lU 7.30 PM Opening Announcemen, and 700 STSSrt I. The Girl From 1025 l^udj- .Excerpt FronuWo*/ 10.00 Programme Highlights followed**638 words
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LIFESTYLE
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Article, Illustration669 1990-02-08 21 FASHION Reuter THE 1900 men's autumn and winter collections sealed it the Japanese have added high fashion to their other Western conquests. And they have done it Japaneee style, with a combination of discipline and creative flair that has made four of them theReuter - 669 words
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Article, Illustration851 1990-02-08 21 SOUND SYSTEMS NYT IT MIGHT BE CALLEO Carnegie Hall on a chip. New electronics technology allows music played on a living-room or car stereo system to sound as if it is being played in a concert hall, stadium or basement jazz club. The products,NYT - 851 words
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Page 21 Advertisements
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Advertisement254 1990-02-08 21 fnterfain.,.. J I Prosperous Toss I Of Good Luck I "Yu Sheng". I Now you can toss up all the good I luck you want at Cafe-in-the-Park with I the traditional Lunar New Year dish of I "Yu Sheng" or Raw Fish. A delicious I combination of finely-shredded carrots, I254 words
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Advertisement288 1990-02-08 21 The art erf doing business. Iburchettes Business Lunch. Ai iburchettes Grillroom, one of Singapore's finest business lunches awaits The freshest oysters, Goose Rillettes and other appetizefs. Main courses fiom the Grill, or Roast US Prime Rib fiom the Canny. i Accompanied by the most exquisite Desserts, leas and CoAses. At288 words
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Page 21 Miscellaneous
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Miscellaneous599 1990-02-08 21 J CRYPTIC PUZZLE fi I I b 1 A bottle of character —HH H —U 7 RAF plane? Not entire- R3 foreigners (6) Lg let's presume (6) ■■23 P5 14 Orlnk a chap won't go pB_JBL 19 Sisterly group? That's 21 Being younger, is lees bH 22 Bird having a599 words
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Miscellaneous683 1990-02-08 21 RADIO Radio 5 Highlights sjwo" Youth ore**™. Sixty Minute Theatre. Vjvi6n tha orchestra in a 900pm concert given at the Victoria Concert HaM A Man of Mode by George Etherege is a December 09. The programme biting satire written in 1676 This is a a)BQ f eature< j g ues683 words
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SPORTS
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Article, Illustration472 1990-02-08 22 TENNIS AP WEST GERMAN Markus Zoecke beat sixth-seeded Jimmy Connors, who injured his wrist before a third-set tie-breaker, in a first-round match of the U*****,000 Milan indoor tennis tournament on Tuesday night. Zoecke, a qualifier in the first European tournament of the 1990 ATPAP - 472 words
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Article, Illustration439 1990-02-08 22 GOLF AP BOBBY WAOKINS displays a certain ambivalence when his playing record is discussed. At one point, he shrugs away that fact that he has yet to win an American title in 16 seasons on the PGA Tour. "I've seen a lot of good players comeAP - 439 words
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Article92 1990-02-08 22 AP PEBBLE BEACH. Spyglass Hill and Spanish Bay will play host to the first golf tournament of the Masters International Tour, the organisers said on Tuesday. After the opener at Pebble Beach, the tour will move to the other known golf meccas in San Diego. Florida.AP - 92 words
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373 1990-02-08 22 AFP TONY KNOWLES, rapidly losing touch with other leading players, scraped into the quarter-finals of the £275,000 Masters snooker tournament at the Wembley Conference Centre on Tuesday night and then warned that the game must be restructured if it is to survive. AfterAFP - 373 words
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Article245 1990-02-08 22 CYCLING AFP GREG LeMONO. last year s sensational Tour de France winner and world champion, got his first taste ot East German cycling power in Spain on Tuesday. The American eased himself into his first race of 1990 while Olympic champion Olaf Ludwig got hisAFP - 245 words
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Article, Illustration616 1990-02-08 22 BASKETBALL AP BOSTON CAST-OFFS Brad Lohaus and Fred Roberta combined for 14 fourth-quarter points, leading the Milwaukee Bucka to a 119-106 victory over the Celtica. The Celtica led 88-87 with 9:02 left on Tueaday night before Milwaukee went on a 21-7 run keyed by Lohaua, whoAP - 616 words
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Article, Illustration385 1990-02-08 22 SKIING AFP PIRMIN ZURBRIGGEN. one of the few genuine all-rounders on the slopes today, is perfectly placed to equal Italian skiing great Gustavo Thoeni's record of four World Cupe in his last season on the circuit. The 26-year-old Swiss broke his 15-race duck in Tuesday'sAFP - 385 words
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226 1990-02-08 22 CRICKET AFP PAKISTAN and Australia watchsd ths stssdy rain falling yesterdsy on ths Sydney Cricket Ground as ths most disastrous Tsst st ths ground in 35 yssrs squslchsd towsrds a conclusion. Umpirss Pstsr McConnsll and Tony Crafter called off playAFP - 226 words
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392 1990-02-08 22 AP THE America's Cup, the most valued prize in yachting, aits in a moat unuaual trophy case a vault at tha Morgan Guaranty Trust Co in New York. New York's highest court will decide in the next several weeks whetherAP - 392 words
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ADVERTISING & MARKETING
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394 1990-02-08 23 JOHN TAN - By JOHN TAN TOOTHBRUSHES, petrol, creditcard purchases, beer and even fixed-depoeit accounts. This is the wide range of products and services travel agent Ken Air is using to boost the popularity of its Holiday Bonus Programme. Under this promotional scheme, introduced394 words
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Article, Illustration215 1990-02-08 23 THE UNITED Overseas Bank has gone prime time to convince clients to invest in its new unit trust using Central Provident Fund (CPF) savings. Through the "United Growth Fund", clients will have their savings invested in various blue chip shares by the investment215 words
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784 1990-02-08 23 JANE FITZGIBBON - •m m- Marketing Matters By JANE FITZGIBBON Jane Fitzgibbon is group director of OSM TrendSights Division (a division of The Ogilvy Group) THE 1990s promise to be an i era of unprecedented growth < snd change for both marketers and consumers around the784 words
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Article, Illustration338 1990-02-08 23 CONFIDENT that the frequent < Singapore traveller will consider Paris as an ideal first stop in Europe, French Airline UTA is Isunching s marketing blitz to raise the awareness of its new non-stop service. "Singapore is very important as an air centre and338 words
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COPY LINES
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Article110 1990-02-08 23 THE 1990 PRISM awards competition has received a total of 13 entries (or four categories, according to PRO, the newsletter of the Institute of Public Relations of Singapore (IPRS). The Prism (Public Relations in the Service of Mankind) awards competition recognises organisations which have successfully110 words
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Article63 1990-02-08 23 SOVIET state newspaper Izvestia, which previously restricted publication of Western ads to copies circulated in Moscow, Leningrad, and to key decision makers, will now publish these ads nationwide. Besides the business and advertising sections published every Tuesday, companies may also advertise in the actual paper63 words
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Article42 1990-02-08 23 BARRY FOX, ex-creative man of BSB Oorland. has joined BSB Singapore as creative director. He has more than 20 years experience in advertising in London and New York, and has won five gold Clios and six Cannes Advertising Film awards.42 words
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Article, Illustration448 1990-02-08 23 SANGEETA MULCHAND - Watchmaker spending $1.2 m on marketing campaign By SANGEETA MULCHAND SWISS DIAMOND watchmaker Piaget la targeting for a repeat ot 1980 s 50 per cent increaae in salea volume in Aaia this year. Aaia ia. at the moment, a bigger market448 words
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268 1990-02-08 23 MARKETLINK. a member of Sime Singapore, has boon appointed regional distributor (or the family-owned Scotch whisky distillers, William Grant Sons. Marfcetlink will be responsible for distributing two brands of Scotch whisky Qlenfiddich and William Grant in Singapore. Malaysis. Brunei and Indonesia. "William Grant Sons268 words
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Page 23 Advertisements
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Advertisement92 1990-02-08 23 It could be a controversial deal between two stock market stars, a thought-provoking report by university A researchers on the latest trans-European FOCUS zooms in on the news and 7 issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of92 words
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Article, Illustration518 1990-02-08 24 GENEVIEVE CUA - Forecast of 10-20 pc rise in rentals and sale prices By GENEVIEVE CUA MORE AND MORE owners of industrial buildings and warehouses will be putting these properties up for sale this year, hoping to make quick and big bucks from the growing demand for industrial518 words
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236 1990-02-08 24 Reuter INVESTORS gave a hearty reception to the US$lO billion in three-year notes the US Treasury auctioned on Tuesday, starting the first quarter s refunding on firm footing. However, most analysts and dealers stopped short of predicting a strong outcome for theReuter - 236 words
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629 1990-02-08 24 Reuter US PRESIDENT George Bush's economic advisers have praised the Federal Reserve Board for containing inflation and said prospects are excellent for a continuation of the nation s long economic expansion. In its annual report on the US Economy, theReuter - 629 words
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239 1990-02-08 24 AP SOUTH KOREA will negotiate with Indonesia and Malaysia to buy liquified natural gas (LNG) to meet growing domestic needs during 1992-95. According to the Energy and Resources Ministry yesterday, the state-run Korea Gas Corp plans to complete negotiations within this yearAP - 239 words
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103 1990-02-08 24 Reuter TAIWAN'S top government economic planning body has advised against allowing foreigners to buy stocks on the local bourse directly for the near future. "It will take years," Chang Lung-sheng, vicechairman of the Council of Economic Planning and Development, said in Taipei yesterday. TheReuter - 103 words
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204 1990-02-08 24 Reuter TAIWAN'S Hua Nan Commercial Bank is to set up branches in New York and London later this year and plans eventually to set up branches in Singapore and Thailand, according to Lin Tzu-Kuo, vice-president of the state-owned bank. The decision was part of aReuter - 204 words
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225 1990-02-08 24 Reuter THE PHILIPPINE Finance Secretary yesterday warned overseas banks which refuse to lend more money to the heavilyindebted country that it could affect their future business dealings with Manila. The Philippines cannot be taken for granted and those who are going to supportReuter - 225 words
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496 1990-02-08 24 CATHERINE ONG - By CATHERINE ONG Hongkong Correspondent HONGKONG'S first financial futures contract to be launched after the once-thriving exchange collapsed in the big crash of October 1987 made a promising debut yesterday. In a half-hour "ceremonial'' trading session starting at 3pm, an estimated 1,217 contracts496 words
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Article166 1990-02-08 24 Bernama ABDUL GHAFAR BABA has resigned as chairman of Kompleks Kewangan Malaysia Bhd (KKMB) after holding the post since 1973 when the state-owned banking and securities group was set up. "(I have) a lot of work," was his brief reply when asked why he wasBernama - 166 words
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423 1990-02-08 24 Reuter CHINA'S Communist Party will not abandon its leading role or tolerate any opposition, its central committee has declared, sending a strong signal to the Soviet Union where radical changes are under debate. A lengthy party document underlining communist determination to maintainReuter - 423 words
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Article50 1990-02-08 24 Reuter INDONESIA'S consumer price index rose 0.91 per cent in January after falling 0.04 per cent in December The index rose 6.38 per cent from January 1989. compared with December's 5.97 per cent year-on-year rise. The upmove was caused by increases in food, textile and housing prices. ReuterReuter - 50 words
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Article60 1990-02-08 24 COMEX gold futures dipped early yesterday morning on news the Soviet Communist Party's central committee adopted a platform relinquishing its claim to a monopoly on political power. Spot gold lost US$O.7O to U*****.60 an ounce. The April delivery fell US$O.3O to U*****.10. Analysts said the Soviet move implied60 words
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LATE FILE
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Article41 1990-02-08 24 Bernama MALAYSIAN motor vehicle sales are expected to grow 10 percent this year to reach 120,000 units against 100.357 units last year, Datuk Jaffar Ali. president of the Malaysian Motor Traders Association (MMTA) said yesterday.Bernama - 41 words
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Article34 1990-02-08 24 Bernama SABAH Finance Minister Datuk Bernard Dompok said yesterday that he was prepared to cooperate with the Anti-Corruption Agency if it wanted to inveetigate allegations of malpractices against him. BernamaBernama - 34 words
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Article39 1990-02-08 24 AFP TEN cities along China's eastern coast, which are in a 'superior position' tor development, have mapped out strategies to upgrade their exports and foreign investments, pro-Beijing paper Wen Wei Po reported yeeterday. AFPAFP - 39 words
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Article30 1990-02-08 24 Reuter FARMERS in China's breadbasket Jiangsu province, discouraged by low prices, are losing their interest in growing grain, the official Liberation Oaily reported yesterday. ReuterReuter - 30 words
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Article53 1990-02-08 24 Reuter US Defence Secretary Dick Cheney has instructed US military leaders to draw up new war plans for both the Gulf and South-east Asia in the light of a much reduced Soviet threat, published reports by Thm Washington Post and Ths New YorkReuter - 53 words
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Article33 1990-02-08 24 Reuter JAPAN'S International Telecom Japan Inc (ITJ) will launch international public switched telephone services between Japan and the Philippines tomorrow, the company said in a statement yesterday. ReuterReuter - 33 words
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Article28 1990-02-08 24 Reuter THE Saudi Arabian Marketing and Refining Co (SAMAREC) said it will cut its posted fuel oil and gas oil prices effective today.Reuter - 28 words
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Article29 1990-02-08 24 AFP THE West German cabinet yesterday approved a plan by Chancellor Helmut Kohl for immediate talks on monetary union with East Germany. AFPAFP - 29 words
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Page 24 Advertisements
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Advertisement189 1990-02-08 24 Big Game NEW ZEALAND Fallow Deer USS23OO Red Stag US$36OO Chamois US$2BOO Tahr US$3BOO FOR TOTAL ATTENTION ONLY 1 HUNTER IS BOOKED AT ONE TIME. PRICE INCLUDES: Transport from Christchurch. 2 DAYS Hunt with accommodation. Meals. Liquor. Experienced Guide. All License/ Permits rifle and preparation of Trophy V HUNTING SEASON189 words
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Advertisement12 1990-02-08 24 CkJAMjMkIAM Ufjll bkA flakA t wfiii Dw JUS* nitwi boys, PAGE 712 words
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Advertisement160 1990-02-08 24 The silver report was not available at press-time. FOR SALE BY TENDER CLOSING DATE: 19 FEB 1990 AT 3.00PM iH Excellent location in the Orchard Road Area Ml fronting Somerset Road, close to its junction Grange Road I a i6-storeybuildingonafreehottsitewith62.2lB mmm sf of net lettable office space and 8,304 sf160 words
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SHIPPING TIMES
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PORTSIDES
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Article83 1990-02-08 25 Reuter THE WORLD TONNAGE of oil tankers in lay-up, idle or under repair was unchanged at end-Jan-uary from December at three million dwt and the number of vessels was unchanged at 24, London shipbroker Howard Houlder said. Combination carriers laid-up at end-January showed no change fromReuter - 83 words
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Article46 1990-02-08 25 Reuter OIL TANKER/COMBINATION carrier tonnage sold for scrap in January fell to 1,660 long dwt (one vessel) compared with 4,965 long dwt (one) in December, said Howard Houlder. This compares with no sales reported in the same period last year. ReuterReuter - 46 words
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Article59 1990-02-08 25 Reuter SCOTCH WHISKY EXPORTS rose by 14 per cent to £1.46 billion in 1989, a new record figure, according to figures from the Scotch Whisky Association. Exports fell by one per cent in volume terms to 242.49 million litres of pure alcohol, due entirely toReuter - 59 words
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Article67 1990-02-08 25 Reuter STEVEDORES AT THE Brazilian sugar port of Recife resumed normal work after signing a settlement with merchant marine firms to end 10 days of go-slow measures, union officials said. Under the settlement, merchant marine firms agreed to a 65 per cent increase in the sumReuter - 67 words
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88 1990-02-08 25 Reuter THE OWNERS OF A British bulk carrier have declared general average on its cargo of coal and rice after an explosion in one of the holds, Lloyds Shipping Intelligence Service said. The 19,120 dwt Jay Bola was on a passage from Bangkok toReuter - 88 words
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Article68 1990-02-08 25 Reuter A SHIPWRECKED INDONESIAN seaman survived 10 days adrift on an oil drum by eating his clothes, the Kompas daily newspaper reported yesterday. Tarodji, 22, and 15 other crew members clung to oil drums after their 125-tonne cargo ship, Galiga, capsized last month in aReuter - 68 words
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157 1990-02-08 25 Reuter AN INTERNATIONAL consortium will set up a joint venture this month to build a cold storage warehouse in Thailand, a spokesman from Mitsui OSK Lines Ltd said. The new company, to be named Thai-Max Cold Storage Co Ltd and capitalised atReuter - 157 words
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294 1990-02-08 25 YUSMAN NAWAZIR - By YUSMAN NAWAZIR THE KELANG Container Terminal (KCT). happy with its recent success in lowering the container population in its yard before the Chinese New Year, will continue to maintain an outflow of between 450 and 500 boxes a day. This is the294 words
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Article914 1990-02-08 25 fog* Column ABC Contoinerline Thirteen 5 Accord Shpg Ten 3-5 Albotros Seo Air Seven 5 A PC line Seven 5 API Five 3-5 AFS TNiliw 3 Arrow lines Nina 5 Asian Express Six 4/5 ANl Three 1/2 ASCI fiv« 1 Avont Shpg line Six 2/3 Bolt Canada914 words
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385 1990-02-08 25 YAMIN VONG - By YAMIN VONG NEW PORT INVESTMENTS by the increasingly prosperous Malaysia and Thailand economies will soon put the pinch on Singapore's position as the hub of the regional container traffic, says a Bangkokbased United Nations consultant on transport and communications. But Singapore385 words
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Article, Illustration439 1990-02-08 25 JEAN FOONG - SingaPort'9o By JEAN FOONG SINGAPORE'S maritime industry has passed another milestone with the number of ships flagged in the Republic crossing eight million gross tons for the first time last year. Containerised traffic at the port hit a record439 words
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296 1990-02-08 25 RAHITA ELIAS - By RAHITA ELIAS TRANSPORTATION companies were yesterday urged to think global in order to seize upon opportunities in fast-changing world markets. Speaking at the SingaPort 90 conference, Mr Alex Mandl, chairman and chief executive officer of US shipping giant Sea-Land, predicted that the move296 words
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Article, Illustration767 1990-02-08 26 GARY ADERMAN - By GARY ADERMAN Journal of Commerce SEAPORTS SEEM MOST LIKELY to benefit from Vietnam's ambitious bid to boost its economy by enlisting foreign investors to improve the transport system. The programme also includes highway, bridge and aviation facilities. Roads and bridges are generally writtenJournal of Commerce - 767 words
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Article341 1990-02-08 26 JULIE CHATTERJEE - By JULIE CHATTERJEE By JULIE CHATTERJEE writing for Shipping Times from Bombay WHEN SsBso MILLION has been spent on the new Nhava Sheva port, it is no wonder that Indian shipping companies are unhappy that foreign lines have been given priority over their Indian counterparts for341 words
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Article893 1990-02-08 26 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges 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 the893 words
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Article1570 1990-02-08 26 AT CONVENTIONAL WHARVES *0*09.1 ?5*L Sm,2S!KR3E Ho« Hoi I D 9002 M3B 0802 0900 0902/ 1500 Veaael Voy No Berth Arrival Departure N1090 22 SJ3A M4B 06 02 2359 09 02 1200 Saotioso 03 90 M3A 06 02 0700 0902, 0600 Keppel Wharvaa Jurong Port Al-Rohmon 21,570 words
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Article1047 1990-02-08 27 ORV CARGO freight rates continued their recent downward trend on Tuesday and the Baltic Freight Index (BFI) fell 13 points following a 19 point fall on Monday. Business included 40,000 long tons of heavy grain, booked from the US Gulf to Rostock at US$lB 75. with an option1,047 words
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8938 1990-02-08 32 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 of8,938 words
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Article, Illustration382 1990-02-08 38 ORIENT Container and Warehousing Services (OCWS). a wholly-owned subsidiary of Neptune Orient Lines, will operate a fully automated refurbishing plant by the third quarter of this year to meet the growing demand for refurbishing business. The new 559.2 million plant, located at382 words
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342 1990-02-08 38 Lloyd's List STENA OFFSHORE, the Aberdeen-based oil and gas industry contractor, has put the diving support vessel Seahorse II up for sale in a move which could raise up to US$9 million. The divestment marks a further stage in the process ofLloyd's List - 342 words
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Article136 1990-02-08 38 THE 1990 EDITION of the Bimco Holiday Calendar is now available. First published in 1913, it lists general holidays in 140 countries, local holidays and working hours in more than 760 ports around the world, and provides answers to questions such as: Is a given day a136 words
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436 1990-02-08 38 AL O LABITA - By AL O LABITA writing for Shipping Times from Manila THE PHILIPPINE government has lined up a package of incentives for companies engaged in cargo handling and warehousing to ease the flow of domestic and international shipping trade. The move followed recent436 words
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77 1990-02-08 38 Reuter A FLURRY of strikes for better pay has brought chaos to shipping, industry and tranaport in Greece ahead of general electiona on April 8. Some 30,000 electricity workers began a two-day atrike on Tuesday, blacking out parts of Athens and northern Greece andReuter - 77 words
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Article523 1990-02-08 38 Jan 15-Sept 30 Diploma In Stopping A Port Management Conducted by Port ot Singapore Authority at Training Deportment, Tan|ung Pagar CompJax. Tal: 3211*25. Fab 7-10 Slngaport fO, Intarnatlonal exhibition and conteronce lor tha maritime Industry, World Trada Cantra, Slngapora. Fab 22 Climatic Changes How they affact tha Inauranca523 words
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Page 25 Advertisements
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Advertisement32 1990-02-08 25 How to look after covering every Available weekly at major STP Distributors bookshops and news-stands For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD32 words
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Advertisement18 1990-02-08 25 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National vXsiSfJ Shipping Association.18 words
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Advertisement593 1990-02-08 25 IGS&gjjS A lively gjgjjjgjjujS way with MIS 0 h AvmMabh af a* good bookshops mm PubMcattom INSIDE Vietnam's seaports SEAPORTS seem most likely to benefit from Vietnam's ambitious bid to boost its economy by enlisting foreign investors to improve the transport system. Page Two Refurbishing facility ORIENT Container and Warehousing593 words
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Page 26 Advertisements
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Advertisement111 1990-02-08 26 REEFER CONTAINERS FOR SALE Used 20' Finsam Units Newly refurbished Built 1982 Contact: Susie Lee *****88 NOTICE FAR EASTERN FREIGHT CONFERENCE SARAH. BRUNEI AND SARAWAK FREIGHT CONFERENCE Notice to Shippers Congestion Surcharge The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and111 words
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Advertisement90 1990-02-08 26 Contact telephone Section 1 Berth telephone CI *****20 *****92 CI N *****20 CIS *****92 C2 *****51 '*****53 C2N *****53 C2S *****51 C3 321IU9 *****51 C3N *****51 C3S *****49 numbers (Tanjong Pagar Terminal) Section 2 Berth telephone C4 *****24 C5 *****43 *****45 C5N *****43 C5S —*****45 C6 *****39/*****41 C6N *****39 C6S90 words
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Page 27 Advertisements
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Advertisement2082 1990-02-08 27 jHwrawn 200 Cantonment Road #12 05 Southpcnt. Sinppore 0208 Mlllf Tel *****11 TELEX NO RS ITffITTIVI TERMINAL,CFS Tel *****18 220 JS^&isss&'S^SS uTTr, t cjTcj»c,ii. y wmws* Ufctri MIVACf T155 TcM* ThF* TnYC |~MF* SCP VESSU/VOYACISCJ> LBH CMA _NM< NYC HFX I iwi mu ion u/i m u/i w oocl freedom2,082 words
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Advertisement2257 1990-02-08 27 Vassal Voy ETA I ETO 'Port "Pensng 1 DESTINATIONS S<ngapor« Keiang This C toeing Tim« Feeder by cr 13/2*o 0400 MRS M Ferco 4 HHI CFS 1800 MRS M Tauro OAK IGB MOU MEM ATI MIA CHS BAL PHL WYC MO* TO* LARS M 9004 13/2 I 14/2 In Pt2,257 words
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Advertisement1096 1990-02-08 28 II ROTTEROAM/I VOY NO S PORE P KEtANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKYO BAY 96/516 6/2 3/3 27/2 29/2 26/2 2/3 KAGA 11/516 11/2 13/2 27/2 1/3 3/3 4/3 6/3 ALASKA MARU 09/520 14/2 16/2 6/3 8/3 10/3 11/3 13/3 HEIDELBERG EXPRESS 05/519 15/2 12/3 6/3 6/3 5/31,096 words
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Advertisement693 1990-02-08 28 pom 3 I SOUTH PACIFIC SERVICE I II SIN POM LAE SUV PPT I AGIOS SPYRIDON 25/2 7/3 10/3 17/3 23/3 I DIRECT CHILE SERVICE I I SIN IQQ ANF VAP I AGIOS SPYRIDON 25/2 5/4 7/4 10/4 Aaants* Lsfzfifi/WH] SINGAPORE: *****00 1 Agenn. BOOK inGS: *****08 ft S. JAYA:693 words
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Advertisement1471 1990-02-08 28 —I——» Hwoa&smM M JIB i REGULAR INDEPENDENT FULL CQWTAIMER SERVICE WESTBOUND FOR EUROPE A I VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALG) HAM) PC) .-a MAAS'A AL-MANSOORAH 8946 3 12/02 16/02 01/03 06/03 08/03 10/03 12/03 13/03 14/03 15/03 16/03 *7*1,471 words
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Advertisement1578 1990-02-08 29 ;Sg Steamers Maritime Holdings Ltd P&O IP MV STRAITS SHIPPINGI Containers 2STJ SIT MM mjj i|||jM~j_wfniTj_i ILJnTTTnH idm»i|lVSHß7i^iJ'YtflWivit>lVV|^lTH«H»Ti]|mTbl ll'lillilllHiriiHlHl'lTiTiril'llllllllM HWIM«WMifrmOT.W*I,OT>HI S'por* P Klinj S ton H'bur( B hjy»n R dim Left ACCEPTS CARCO DUE SAILS I SZ 25 Z K STRAITS HOPE VO2E KK, Skan. Taw In Port Feb alasha1,578 words
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Advertisement1532 1990-02-08 29 TO: EUROPE TO:FAR EAST I SP LH ROM HAM BRE ax SPORE HK KM IU f HANJIN TONCHAt 077W 10/2 2M 1/3 W 1* W QUEENSWAY BRIDCE 012E M W 1712 23/2 HANJIN ROTTERDAM 007W 17/2 7/3 $13 913 U/3 12/3 HANJIN LEMAVRE 005E W2 22/2 23/2 1/3 CHOYANG CHANCE1,532 words
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Advertisement28 1990-02-08 29 SERVICE TO KARACHI f S PORE LOADING FOR TBN 28/2/90 KARACHI I Ha Til SHMUtAWA MEtSMW N.T.Y. TAAMSPORTATIOM CO. (FTC) LTD. T«fc Z23M23 Tlx: RS 11(11 Fir 225M3428 words
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Advertisement356 1990-02-08 29 STRAITS/ JAPAN/ STRAITS SERVICE I PECIALIST IN RO-RO HEAVY LIFTS (ESSEL COSMIC TANJUNG SEKI I TRADER EMAS MATSUVAMA I fOY. NO 6 6 82 I i'pore 12/2 12/2 U/2 I Kelang 15/2 15/2 21/2 I 'enang I ■long Kong I Yokohama I Nagoya 4/3 I }saka I Senboku 2/3 H356 words
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Advertisement625 1990-02-08 30 I^HHIHHBIBfIPPOTyPOTMPOTHH ftl ft ■BfiWM^W IRANIAN SERVICE I Singapore Loading for:- I IRAN EKRAN ETA 10 FEB BANDAR ABBAS I I f^EgggMrt (tattoaal Um Of Mtxfca) U.l WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SBIVICE HKG LB ENSENADA L CARDENAS SAUNA CRUZ MANZANILIO MTU V-23 10,2 4,3 M 10(3 12/3 IJ/3 QAXACA V-U 18/2625 words
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Advertisement857 1990-02-08 30 Q) HANJIN SHIPPING I J FULL CONTAINER SERVICE II rrru, t|N I| H( MAUI LAX OAR S port leHavra R (Urn M burg B haven Fltowt FUKII «L Jgg M 11/3 10'2 28'2 1/3 2/3 «/3 5/3 MB H BUSAN OK 1W 18/3 UI7 7/3 1/3 9/3 U/3 12/3 "HA«■«857 words
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Advertisement1229 1990-02-08 30 *5 I EVER GOING M 14/2 12/2 JM 1W 22tf 22fl *V 2 Q4 u jJ iy 11/4 1V« I EVER GIFTED 15/2 M 21/2 »/2 *W 2W*£ JX u,« I*4 »<4 22>* l*i I EVER GREET 21/2 22/2 2*2 27 2 20 W J£ mMIMMSS^XXS I EVER GOLDEN W1,229 words
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Advertisement1149 1990-02-08 31 I PACIFIC INTERNATIONAL LINES (PTE) LTD J PIL Building, 140 Cecil Street #03-00, Singapore 0106. Tel: *****33 J X°. Y S'pt '',1, S£. Y ZZ Si £S Si 35> ">"> rsss s »ii «is ss s: ss :ss ss ss ss ss ss n ACCEPTING MURORAN/TOMAKOMAI/HITACHI/TOYAMA CARGO VU HKG JAKARTA1,149 words
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Advertisement741 1990-02-08 31 EXPRESS CONTAINER SERVICE TO UK/CONTINENT S POUt P KLANG STOH HAM I HAVEN ROAM HAVtC Tot»o 111 til S3 m 1/3 SI M >iii iu 111 o 13 an Ainu Haru i» if,; m m t,j *n m Htidxiwi (iprtu 15.7 12/3 fcl 11 VI 113 Urr Bit a/7 22/7741 words
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Advertisement554 1990-02-08 31 1 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUOERA INDONESIA P.T. TRIKORA LLOYD s i CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOT S PORE R DAM H BURG BREMEN ANTWERP A DAM SRIWIJAYA/2tWB 22-202 20/3 2*3 30/3 J/4 L J BONTANC 2WB 12 IV3554 words
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Advertisement393 1990-02-08 31 W-» MYANMA \&Bk FIVE STAR UNE (Burmese National Line) Loading for Yangon (Rangoon) Spore P.Kelang Penang Bangkok MCRGUI V/97W 4/7 FEB 12/ M HB HTONEYWA V253W 12/14 FEB PAGAN V/152W 11/21 FEB PINYA V/107W 22/27 FEB 21 Feb/3 Mar MYOMAYWA V/ 123 6/13 Feb 14/17 Feb MERGUI V/ 97 22/25393 words
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Advertisement331 1990-02-08 32 I WEEKLY STRAITS/MADRAS CONTAINER SERVICE 1 1 DAILY LCL RECEIVING AT OWN CFS I PENANG VESSEL Ip- KELANG ISPOREI AUKAS (Ft 6p ß> LEUVE 9118 JJjg 1?'? JE 6 2 MELITA 9004 W W 16/2 n A x j 2 LEUVE 9119 "I 2 I 2,3 BOOKING: MACOLIWE S'PORE *****11331 words
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Advertisement230 1990-02-08 32 MANILA/SAIPAN/GUAM direct service (BREAK-BULK/CONTAINER) VESSEL SPORE MANILA SAIPAN GUAM SPARKLE V 5 SAILED 10/2 }'(2 SPARKLE V 6 2/3 9/3 }W M SPARKLEV7 29/3 5/4 lU* (MICRONESIA PORTS DIRECT CALL SUBJECT TO INDUCEMENT) miAM/SAIPAN SERVICE (VIA HK) FEEDER SPORE MOTHER S PAN TBN 14/2 0 EXPRESS 43 2W W 6,7230 words
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Advertisement347 1990-02-08 32 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC LBH OAK SEA FROM PSW LBH OAK SEA HKC SIN MviiNnfti innovator jQf 09/02 15/02 OS/03 01/03 11/03 LALANWA 2SW 0&J01 11/01 14/01 01/02 WK HYUNDAI EXPLORER 29€ lfc/02 22/02 12/03 15/03 11/03 HYUNDAI CHALLENGER 30*347 words
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Advertisement805 1990-02-08 33 InterCoa MAHITIMK ITi: I.TI> WEWr FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —18/2 TOKYO —15/2 LE HAVRE —19/2 LAUTOKA 16/2 KEELUNG -18/2 YOKOHAMA -15/2 ROTTERDAM -19/2 SUVA -16/2 MANILA -16/2 KOBE -15/2 UK PORTS -19/2 BANGKOK —17/2 HAMBURG —19/2 BUSAN -15/2 GOTHENBURG -19/2 HONGKONG —15/2 MWHIM. PKLAMQ UMAMO805 words
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Advertisement603 1990-02-08 33 A I VISIT US AT SINGAPORT 1990 ■F STAND 3E 9/10/11 JSeT •Bkl TtaTl Auckland F,,.(A) H Timaru Lyttelton(B) Dyned,n(B) Nap.er tMlin«ton(C) Taunnfi I I a i ii i i f 9 i ps I I S jCITS_AI Nap.ef H I VESSEL S.n JM P\t Brisbane Melbourne Burn.e B I603 words
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Advertisement1177 1990-02-08 34 i—~sss^— —r N. AMERICA-ATLANTIC COAST VOY *INOO 'PK/PNG SGP LB CMLS NFK NYC HFX OOCL FREEDOM 29 5/2 6/2 8/2 3/3 13/3 15/3 17/3 21/3 OOCL FAITH 18 12/2 13/2 15/2 10/3 20/3 22/3 24/3 4/4 I OOCL FRIENDSHIP 18 19/2 20/2 22/2 17/3 27/3 29/3 31/3 4/4 NEPTUNE JADE1,177 words
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Advertisement731 1990-02-08 34 MHI^!T^SfSTTf7WP7riSTIHWSTgJ3FSTTT»yrfyTTI3^^MS^BI ETD SIN (1 DAY) (1 DAY) (1 DAY) CHRISTINE/ 12/02/90 PORT KELANG PENANG BANGKOK VICTOR TWICE/WKLY [USIS 1 o~»S I 1 .pmys, I 1 Mtwr, I cornST, llAgffO —~_»i- Knur. KONr. KtOHSiiini; Kffinm; jOYCEfJUDY TWICE/WKLY ETD SIN (6 DAYS) (1 DAY) t (4 DAYS) BOOKJN^ONTACT 11/07/qn BUSAN MANILA NAGOYA731 words
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Advertisement291 1990-02-08 34 Continental Pacific Shipping y TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR HERUVIM SW SETE'RDHANT FLU/UK CAPTAIN GEORGE SW SM SETEiRDM/ANT/FLU/UK MARIA K Sid 10/2 13/2 SETE/ROM/ANT/FLU/UK TAIPAN 21/2 3/3 RDM/ANT/FLU/UK Lojds Sibih lndormia ATK MULTIPORT AGENCIES (S) PTE. LTD. f TEL: *****77 FAX: 22UU1 IP K291 words
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Advertisement637 1990-02-08 34 fX&A GOLDEN LINE A GUAN GUAN SHIPPING (PTE) LTD 2i Tetot kff J SINCAPORF 0104 Til U4JW (10 LIMCS) Fa. U4»0( STRAITS/PERSIAN GULF SERVICE: S-porc P. KPtna* GOLDEN HARVEST Colombo Harachi DuC* 1170 Fed GOLDEN PONOER Ctkmto KvadM'OuiM) (10 Mar CHINA SERVICE DAI YUN SHAN Snanftu, 22/24 Fafe CHINA OCEAN637 words
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Page 35 Advertisements
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Advertisement1726 1990-02-08 35 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****53, *****19, AUST/INDIA/PAK-*****18 mm USA *****42/*****16. FAR EAST *****48 Documentation: *****44/*****14 Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L *****33. P.Kelang *****87, Penang-*****0, J.Bahru-*****3, *****4 E9 FDR VSL/VOY PEN PK(. St.P MOTHER VSL/VO*1,726 words
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Advertisement1292 1990-02-08 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/tf Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** IPENANC p KEIANC MESSRS NAI THONG SHIPPING 127 PmMStrart. Penjoj. MUUysu M/S NANDLINC SYSTEM CO SON WO1,292 words
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Page 36 Advertisements
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Advertisement749 1990-02-08 36 DSR LINES VEB DEUTRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OP EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT RDM HBG RST FAHRLAND 2'90 In Pt 24/02 6/03 6/03 8/03 11/03 T WENDA V4W 23/02 09/03 18/03 18/03 19/03 22/03 I 0 GROTEWOHL 2« 07/03 21/03749 words
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Advertisement1032 1990-02-08 36 UKC CONVENTIONAL IMVICI Vessel P KLG PNC PC Loading lor JIANGCHUAN 26/12 Rotterdam/Antwerp CHINA rVLL CONTAINED WKYICK Vessel PMg P»g Spore Bkk Hkg S'hai Qingdao YANC FANG KOU Vll9 »/12 21/11 4/01 11/01 1601 SHANG CHEN Vll6 21/01 2301 27/01 03/02 07/02 Accepting FCL Cargo (or all other Chinese ports1,032 words
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Advertisement200 1990-02-08 36 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU VSL ETA ETD LOADING FOR DELI INDAH In Port 122.90 PANJANG PK BALAM NAGA JAYA In Port 12.2.90 PANJANG LAMPUNG JAYA 10.2.90 12.2.90 SEMARANG PANJANG PINANG JAYA 12.2.90 13.2.90 PANJANG/PK. BALAM PERITA JAYA 15.2.90 16.2.90 PANJANG'JAKARTA ABADI JAYA 15.2.90200 words
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Advertisement495 1990-02-08 36 \lca\ 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-I-Sharif, Mashad, Kushka IRAN I Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 8/02, 19/02, 24/02, 2/03, 11/03 EUROPE |:To all inland points: VIA VOSTOCHNY Poland, Bulgaria,495 words
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Advertisement515 1990-02-08 36 ujuuyjfliiiSH ASEAN PORT^-rr^— vtaa Iwr imsMtm 1 mmmTJ RATANA BHUM In Pt 117 Mon UP SIR! BHUM «3SW Fri 9? Hon 12/2 JENLINK 142W Sat 10/2 Tut W OCEAN CROWN 12N Tue 13/2 Fri tf/2 PIYA BHUM 212N Wed 14/2 S»t 1712 SIRI BHUM 4feM Fri IV? Mon W JENLINK515 words
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Page 37 Advertisements
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Advertisement1115 1990-02-08 37 onirrinvj i imcio, 1 «ui JUOJ ixuiuaij u, VESSEL VOY SINGAPORE KHF/DUBAI JEDDAHI LANKA RUWAN 3W 18/2 05/3 20/3 I LANKA SRIMANI 75W 3/3 13/3 20/3 f LANKA SRIMATHI 74W 8/3 13/3 20/3 I ALSO ACCEPTING CARGO (FCL/LCL) FOR:- I A) INDIAN PORTS I MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY I1,115 words
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Advertisement229 1990-02-08 37 1 mm \r (National L*m of Etbwpia) ACCEPTING FCL AND CONVENTIONAL PEN/PKQ ETA LOADING FOR SPORE ABB AY WON 2 IS/03 OARESSALAAM MOMBASA DJIBOUTI VOY 23W8 ASSAB MASS A* A HOOEIOAH n KIEN HUNS LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel229 words
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Advertisement655 1990-02-08 37 JJjj^rT^rSKAPAITELAYARAN P&PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-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 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN PUL SENTOSA655 words
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Advertisement581 1990-02-08 37 inn BAY OF BENGAL SERVICES KMELS WT SIM MAA CCD »IT TIGER RIVER MCNB 9/2 14/2 LEUVE 9111 10 2 IV2 ILOVIK 9tN 12/2 19/2 SUPANYA J3W 14/2 »2 IZVESTIA ***** C 19/2 26/2 SUSAK »N 20 2 27/2 VERMILION BAY UW 20/2 «/3 TIGER RIVER ISCNB 22/2 2*7 LEUVE581 words
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Advertisement258 1990-02-08 37 TO AUSTRALIA/NEW ZEALAND 55 s.i«wt| Frtawrtltj ■tikmn* Sf*wy AacfclM* >. tiit »ma mi ~nh in "5/5 »n 22/j t MM H3 wi an in n/i m c wussu Hi 55 "55 "5m 55 m w c veoook m "55 i/5 w "u3s 5 Alto *ccaptin( cargo to AUSTRALIA Adelaidr Briibant258 words
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Page 38 Advertisements
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Advertisement1025 1990-02-08 38 sSSTVS3 sr ~o«~T«r~sepvice CALLS «UWCA RUTANC VW T~ ~W ALLIGATOR FOTTUHt V.322*1 12/2 3/3 M W M W W W W SINGAPORE BUNGA tUTANC VBW lflff ALLIGATOR PRIDt VIS2B W W W W W.._ jff_ iff iff iff niDCPT PX/PDV BUNGA KUTANG V.E3M 17/2 ALLIGATOR CLOUT V.3128 2t/2 17/3 13/31,025 words
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Page 38 Miscellaneous
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Miscellaneous143 1990-02-08 38 IQS TOOfes 110E>t SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON FEB 8, IMO. LEGEND P Temperature °p IV Thunderstorm Weather Wind direction w.th speed m knots Shower Ram Wave height 0 Cloudy Sky Surface winds ore indicoted by arrows which fly with the wind One full circle represents143 words
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