The Business Times, 27 April 1989

Microfilm: NL16529
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, APRIL 27, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    246 1 Dow stable US stocks were little changed as profit-taking mingled with light buying on a signal that inflation is slowing. The Gross National Product implicit price deflator, an inflation measure, came in lower than expected. The Dow was near its previous day's closing of 2387 and decliners
    246 words
  • Article, Illustration
    Tokyo stocks rise on active trade
    219 1 AMONG REGIONAL markets yesterday, Tokyo showed the most active trade as investors continued to respond to Prime Minister Takeshita's announcement to resign on Tuesday. Bargain-hunting pulled up Singapore's Straits Times Industrials Index 4.20 points to 1,250.31. The Business Times Composite Index gained 7.39 points
    219 words
  • Article
    Lock icon Court order to Umno
    101 1 Bernama THE High Court in Seremban yesterday made an order restraining Umno from holding its 43rd anniversary celebrations, scheduled to take place at Istana Besar in Johor Baru next month. The order by Justice Mustapha Hussein also restrains Umno secretary-general Datuk Mohamed Rahmat and the party's
    Bernama  -  101 words
  • Article
    Private sector endorses CIDB report
    548 1  -  Measures to improve cost competitiveness By LILIAN ANG THE PRIVATE sector has endorsed the Construction Industry Development Board's report on ways to improve the construction industry's cost competitiveness. In endorsing the report at a seminar yesterday, the private sector representatives, who came from the major
    548 words
  • Article
    CIDB compiling building materials price index
    373 1 AN IMPORTANT STEP has been taken to pave the way for more widespread use of the fluctuation clause in building contracts. Without the clause, contractors are at the mercy of rising building material costs. The situation has become quite urgent in the face of
    373 words
  • Article
    Lock icon American economy rises by 5.5pc in first quarter
    331 1 UPI THE US ECONOMY grew 5.5 per cent, US$54.B billion, in 1989 s first quarter. Nearly half of the increase was attributed to the farm sector's rebound from 1988's summer drought, the government said yesterday. Even without the farm recovery, real GNP
    UPI  -  331 words
  • Article
    Lock icon M'sian surplus falls 25pc
    100 1 Bernama MALAYSIA'S trade surplus fell 24.9 per cent to M 51.39 billion for the first two months of 1969 against a surplus of $1.85 billion during the same period last year. According to figures released by the Statistics Department, the lower surplus was due to a
    Bernama  -  100 words
  • Article
    Lock icon Five Phnom Penh officials to attend Bangkok symposium
    542 1 AFP FIVE Phnom Penh officials, including two Cabinet ministers, are to arrive in Bangkok today for a symposium on the economic potential of Indochina. Organisers yesterday said the two ministers would include a "number two" to Prime Minister Hun Sen of the
    AFP  -  542 words
  • Article
    Lock icon Political victory for Gorbachev as 110 Soviet Party officials resign
    326 1 UPI PRESIDENT Mikhail Gorbachev scored a major political victory when nearly one-third of the Communist Party Central Committee resigned, which will allow him to promote supporters of his reform policies. He described Tuesday's mass resignation as a "serious regrouping" made
    UPI  -  326 words
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      Page 1 Advertisements Column 1
      87 1 >o 1 Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; *****22 Kuala Lumpur Phone; *****33 Panang: Phone; *****5/*****1 Jakarta: Phone *****5 Full report, PAGE 18 Regional mfcts, PAGE 20 World mkts, PAGE 21 TEG NQLESOMWG4XX -V >v .</**■ a& V m' .jr-. 4V& >". The
      87 words
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      Page 1 Advertisements Column 2
      206 1 Editorial Comment: 10 Time now to study the students One Man's View 11 Physician heal thyself QCCs 2 Projects may save $4.2 m World arms market 3 Japan may soon be stiff competitor Capital gains tax 4 Bush renews appeal DBS Bank 7 Expanding its venture capital business Saatchi Saatchi
      206 words
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      Page 1 Advertisements Column 3
      249 1 Menstoch Quality before your eyes Singland examined Singapore Land, still remembered for its controversial ship deal eight years ago. is now at the centre of some considerable attention over its Gateway deal. In a special report a BT team takes a close look at the property giant, traces the Gateway
      249 words
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  • HOME NEWS
    • Article, Illustration
      QCC projects may save $4.2m
      536 2  -  Manufacturing industry stands to gain the most By TAN KEE WEE OUT OF the total $4.2 million savings expected from all the proposals submitted for this year's Quality Control Circle (QCC) projects, some 88 per cent or some $3.7 million will be due to the
      536 words
    • Article
      Thomson Medical Centre to upgrade computer system
      333 2 THOMSON Medical Centre is spending $700,000 to replace and upgrade its computer system to enhance the quality of health care for its patients. The contract was awarded to Hewlett-Packard Singapore which, together with ECS Computers (Asia) Pte Ltd, will adapt a health care
      333 words
    • Article
      30pc more display space for computer show
      247 2 A FOUR-DAY microcomputer exhibition, Comtec *89, will be held at World Trade Centre from Sep 7-10. Jointly organised by the Microcomputer Trade Association of Singapore (MTAS) and ITP Services (Pte) Ltd, it will have 30 per cent more display space than the one
      247 words
    • Article
      UOB group installs 100th ATM
      90 2 UNITED OVERSEAS Bank group will be launching its 100 th automated teller machine today. In a statement yesterday, the bank said the new ATM will be located at the World Trade Centre. The installation of more ATMs is part of the group s efforts to
      90 words
    • Article
      Times Printers publishing local edition of London Calling
      311 2 THE Singapore edition of the British Broadcasting Corporation (BBC) World Service monthly magazine, London Calling, was launched here yesterday. This is the first time the 28-36 page monthly, which has been sent to subscribers worldwide from London since September 1932, is published
      311 words
    • Article
      Local transport group upgrades operations
      181 2 A MAJOR home-grown transportation group, Poh Tiong Choon, has taken steps to fully computerise its operations by the end of next year. It is believed that PTC is the first in the industry to computerise its entire operations Under a contract valued at more than
      181 words
    • Article
      Singaporeans can use Telecom handphones in Hongkong
      143 2 FROM NEXT MONTH, Singapore's handphone subscribers can use their sets in Hongkong for a nominal usage charge. Called the "Roaming Service", it is a two-way arrangement between Hong Kong Hutchinson Telephone Co and Singapore Telecom. A subscriber to the service will be given
      143 words
    • Article
      MEMO PAD
      344 2 f Seminars and i 1 Courses I 1 < c EG CAHNERS EXPOSITION GROUP Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 J Apr 26-27 How to Prepore Strategic Marketing Plons Apr 29 Monoging Your Own Business Apr 29 Building Construction Industry: Strategies for the 1990s May 2
      344 words
    • Article, Illustration
      'Singapore SMEs should team up with Japanese'
      275 2  -  By SUZANNE SOH SINGAPORE'S small- and medi-um-sized enterprises (SMEs) could do well to team up with their Japanese counterparts for quicker access to new markets and technology. This is because Singapore SMEs could benefit from Japanese companies shifting to a global manufacturing network,
      275 words
    • Article
      Fair for local products to be revived after 7-year break
      207 2 AN INTERNATIONAL FAIR to showcase locally manufactured goods will be organised this year after a seven-year interval, said Robert Chua, president of the Singapore Manufacturers' Association. Called Singapore International Fair '89, the event will exhibit local products as well as
      207 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      151 2 JKre you growing as last as your competitors? In every industry, some companies always perform better than others. Sometimes it's because of better products or services or better management skills. Often, it s a combination of all these plus a good cashflow and an ability to hedge against bad debts.
      151 words
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      Page 2 Advertisements Column 2
      57 2 Managers must manage. BT shows you how every Monday. FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex fax copier word processing secretarial services conference room answering service long snort term lease you name it' Your inspection enquiries welcome WORLD-WIDE BUSINESS CENTRES (S) PTE LTD
      57 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Hongkong confident inflation will ease
      259 3 Reuter FACED WITH an inflation rate just short of double digits, most governments would be worried, but not tiny, laissez faire Hongkong. The British colonial government is confident its policy of "positive non-interventionism" will result in inflation easing towards the end of the year. Figures
      Reuter  -  259 words
    • Article
      Lock icon Hongkong relaxes entry control for China-bound Taiwanese businessmen
      207 3 AFP HONGKONG authorities are further relaxing immigration restrictions for China-bound Taiwanese businessmen. Immigration Department spokesman Stephen Chan said yesterday that more "flexible consideration" would be given in granting multiple-journey entry permits to Taiwanese businessmen stopping in Hongkong before entering China. The move
      AFP  -  207 words
    • Article, Illustration
      Lock icon Van Linh blames China for hampering restoration of good ties with Hanoi
      255 3 Reuter VIETNAMESE Communist leader Nguyen Van Linh was quoted on Tuesday as blaming China for hampering a restoration of friendly relations between Hanoi and Beijing. Saying Vietnam wished to restore "friendly relations with China in the fundamental and
      Reuter  -  255 words
    • Article
      Lock icon Laurel criticises new foreign loan package
      194 3 Reuter PHILIPPINE Vice-President Salvador Laurel sharply criticised a new US$l.3 billion foreign loan package for his country on Tuesday, saying it would cause economic hardship and fuel a Communist insurgency. "It's very hard to undo something that's been done," he said in an interview.
      Reuter  -  194 words
    • Article
      Lock icon World Bank notes sharp increase in India's current account deficit
      403 3 FT A SHARP RISE in India's current account deficit, with the need for larger foreign borrowing, has been reported in the World Bank's annual review of the Indian economy. According to leaks in the Indian press, the bank forecast of
      FT  -  403 words
    • Article
      Lock icon Japanese-Thai economic ties less one-sided, say economists
      274 3 Reuter WHEN JAPANESE Prime Minister Noboru Takeshita visits Thailand this weekend, he will be asked for funds to build an elevated road in the heart of Bangkok's crowded business district. "The Japanese government should build the road as it is Japanese cars that
      Reuter  -  274 words
    • Article
      Lock icon Japan may soon be stiff competitor in arms market
      447 3 Reuter JAPAN could soon be challenging the share of the world arms market now held by US and European defence electronics, industries, the authoritative Janfe's Military Communications said in its annual review. Editor John Williamson said Japan's defence industry had been
      Reuter  -  447 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      270 3 Full Access To The Value Of Your House. _«.y- w N .V m. 11 V .1, > C-.v 3r--j i Ki- Fast. With Citibank's Mortgage Power. Mortgage Power is a unique idea from Citibank. It allows you to make the most of an asset you already own your house. Very
      270 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Bush renews capital gains tax appeal
      468 4 Lower rates would create new jobs Reuter president george bush has renewed his call for lower capital gains taxes, saying they would create new jobs and make the United States more competitive with economic dynamos like Japan. "Lower capital gains taxes will create jobs
      Reuter  -  468 words
    • Article
      Lock icon Modest rise in orders for US durable goods
      280 4 Reuter AMERICAN factory orders for durable goods edged up only 0.8 per cent last month and would have fallen if not for new aircraft orders, the US government said on Tuesday in a report that reflected a slowing economy. The March increase,
      Reuter  -  280 words
    • Article
      Lock icon Survey shows British economy slowing down
      440 4 FT THE BRITISH ECONOMY is slowing and industry faces a squeeze on margins because of the government's policy of combating inflation through high interest rates and a strong pound, according to the latest industrial trends survey from the Confederation of British Industry (CBI). For
      FT  -  440 words
    • Article
      Lock icon Canada to proceed with sales tax
      405 4 Reuter CANADA'S cash-strapped federal government will press ahead with a national sales tax that has angered consumers and could drive up the inflation rate. Prime Minister Brian Mulroney's Conservative government announced on Monday it would pursue alone plans to introduce a sweeping tax on
      Reuter  -  405 words
    • Article
      Lock icon Job losses, economic fears over cancelled contract
      320 4 NYT AMERICAN business leaders and elected officials on Long Island have warned that the Pentagon's decision to cancel a navy fighter programme could cost the island more than 15,000 jobs and have catastrophic consequences for its economy. Defence Secretary Dick Cheney's announcement on
      NYT  -  320 words
    • Article
      Lock icon Abolition of Bonn investment income tax takes analysts by surprise
      458 4 AFP A WEST GERMAN government decision to abolish tax on investment income has taken financial analysts in Europe by surprise. It was seen as a major setback to efforts within the Economic Community on harmonising capital gains taxes. But several
      AFP  -  458 words
    • Article
      Lock icon Stockholm acts on overheated economy
      140 4 FT THE SWEDISH government has announced short-term measures to cool the country's overheated economy. It said they were necessary to prevent a crisis of stagnation, high inflation and unemployment similar to that experienced by Sweden in the mid-*****. The main proposals affecting consumers involve a
      FT  -  140 words
    • Article
      Lock icon 'West helped S Africa evade arms embargo'
      305 4 Reuter WESTERN COUNTRIES, notably the US, Britain, France, West Germany and Israel, helped South Africa evade an international arms embargo and build up a powerful military industry, says a book published yesterday. The book, Embargo Disimplemented South Africa s Military Industry, by Signe
      Reuter  -  305 words
    • Article
      Lock icon Moscow seeks extra US grain supplies
      189 4 FT SOVIET agriculture officials yesterday began two-day talks in Washington, seeking extra sales of subsidised US wheat under the controversial Export Enhancement Programme. The talks have been officially billed as routine consultations, under the bilateral long-term grain sales agreement. It was widely assumed that
      FT  -  189 words
    • Article
      Lock icon Soviets begin withdrawal from Eastern bloc
      145 4 NYT THE SOVIET UNION has begun to carry out Mikhail Gorbachev's promise to withdraw some of its military forces from countries of the Warsaw Pact. Thirty-one heavy tanks of the 13th guards armoured division were loaded onto flatbed cars at a rail siding in
      NYT  -  145 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      783 4 ARRIVALS Operator g JtfVICt number Loaot Dm From S1A SQ151 1145 CGK GU GA940 11 SO MB PAL PR 504 1155 Km THA TG403 1155 8KK SU SQ191 1200 PW CIA GA900 1210 PKU SU SQ69 1210 IKK THA TG407 1225 IKK/HOY IAW IA011 1230 LHR/AUH SU
      783 words
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      Page 4 Advertisements Column 1
      35 4 The btumm pcrwa'i dwicc tnty Totaday, Thnruia*. Saturday ami Sanday. Leaving Cluni Airport a( 22:0S Konn ami arrm«| Heathrow eariy the MWwag iMmiaf. Ct&yow Travel Ago* or Air Cmmkat TJMSS. A BREATH OF FRESH AIR
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      60 4 Doonesbury ZONKBRtS RJ6H7- MY FIRST F&PONSMUTY tS TO I MY FAMILY. ICAN'T AF- x HNPioioseim l*a JOBRJ6HT NOW! 1 /'i PAMN... TT'S NOT HARP 70 RATTONAUZB MY MAY OUT OF THIS, OUTATIOHAT TBRRJBLE PFJCS TO MY PRINCIPLES f BY GARRY TRUDEAU I (WNP6R IF >500 TO THE CANCER SOCIETY COOULP
      60 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      104 4 Mil) (°C) 22/17 Fio* 08/04 Cloudy 26/11 Cleor 25/22 Cloudy 24/13 Clear 15/10 o*Cot» 25/18 Fin* 11/03 Cloudy 15/02 Cloudy 22/17 Cloudy 37/20 Cloudy 07/01 Cloudy 19/10 Fines 29/20 Cloudy 21/06 Cloudy 10/05 Cloudy 32/25 Showers 08-02 Rain 19/05 Cloudy 18/03 Cloudy 19/11 Cloudy 22/19 Cloudy 29/22 Cloudy 32/16 Claar
      104 words
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      Page 5 Advertisements Column 1
      154 5 BRITISH AIRWAYS FIRST CLASS HAS JUST BEEN RELAUNCHED. IN A FEW WEEKS WE'LL CHANGE THE CARPET AGAIN. wm -5 -Sy J. r' /J" '-jP' VW -s'r-V r-»- < A And we change it again every twelve weeks thereafter. Not that it isn't superb wool carpet. It's simply that we understand
      154 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1560 6 SINGAPORE: THE US dollar traded quietly in the morning session yesterday but moved up strongly in the afternoon to highs of D-mark 1.8718/ pound 1.6948/ Singapore dollar 1.9465 from lows seen at the start of the day at D-mark 1.8628/ pound 1.7018/ Singapore dollar 1 9437. The rally
      1,560 words
    • Article
      Asian dollar market
      268 6 ASIAN DOLLAR deposit rates closed unchanged from the morning in quiet trading yesterday. Dealers said they did not wish to take positions ahead of the publication of US GNP first-quarter figures. "A stronger dollar could contribute to ease the rates slightly over the next few days," one
      268 words
    • Article
      IMM
      266 6 IMM foreign currency futures ended mixed near session lows on Tuesday after eroding late on position squaring before yesterday's US Gross national product data. The market received a boost early from a smaller than expected 0.8 per cent rise in March US durable goods orders. But little follow-through buying
      266 words
    • Article
      Comex gold/silver futures
      161 6 Gold futures on Apr 25 1989 100 troy ounces. US$ per troy ounce Op«fl m«* Low s«w« Ape 89 386.30 386.80 385.70 385.70 -2.00 Moy tun 389.00 -2.20 389 50 390 70 3*8.60 388.80 -2.20 Aug 394.30 395.00 392.60 393.30 -2.30 Oct 399.70 400.00 399.40 398.60 -2.40
      161 words
    • Article
      Government Securities Market
      114 6 Treasury bills Day's Period Issue Yesterday's closing code Maturity BID OfFER high low 3 months BQ*****Z 27.07.89 4.18 4.13 4.18 4.11 6 months BS*****N 27.08.89 4.17 4.12 1 year BY*****H 23.11.89 4.15 4.10 4.13 4.11 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      114 words
    • Article
      Money markets
      58 6 THE OVERNIGHT RATE on the Singapore money market closed unchanged at 5 1/8 per cent yesterday. The short-term rates also remained unchanged across the board. S$ Interbank rates at the close yesterday: ow» wo Ownight 5 1/8 5 1-moMt. 3 3/16 3 1/16 2-mon* 3 1/4 3 1/8
      58 words
    • Article
      Simex
      451 6 JUNE Eurodollar futures opened 13 ticks higher at 8994 on a smaller than expected 0.8 per cent gain in US durable goods, reducing fears of an interest rate hike. The June contract ranged from 8993 to 9000 before settling at 8999. up 18 ticks. Currency futures opened slightly higher
      451 words
    • Article, Illustration
      World interest rates
      178 6 Indicates the average of the prime lending rate* of 12 ma for banks In S'pore Interbank market rates (offer/bid) on Apr 26 us$ DM SWFC Y«o 7 4o r > IS/14 13/1* 11 3/t II 1/4 3/1* l/l* 7/« S/« 4 ll/l* 4 */l* 1 10 t
      178 words
    • Article
      Options
      1357 6 CURRENCY FUTURES OPTIONS Wednesday, Apr 26, 1989 DEUTSCHE MARK (SIMEX) May M colla High Low See May 88 puta High Low Sae 52 53 54 55 80 18 1 CA8 5 43 126 Jun 88 calta High LOW 51 52 53 54 55 20 20 M Sea 17 3
      1,357 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      83 6 Knight Frank Cheong Hock Chye Baillieu Unique Investment Opportunity! Lucky Plaza Prime Investment For Sale n S3 19,795 sq ft freehold retail space Located In Orchard Road, near MRT Station With established anchor tenants McDonald's, Watson's and Pertama Audio on long leases with periodic rent review Gross return 553,600,000 p.a.
      83 words
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  • BANKING AND FINANCE
    • Article
      Insurers urged to use information technology
      362 7  -  -By Dexter Lee INSURANCE COMPANIES today should lower costs and be more efficient in the face of diminishing margins to ensure a fair rate of return. This was suggested by Phila-delphia-based Thomas Skelly. who heads Arthur Andersen's consulting practice for the insurance industry. Mr
      362 words
    • Article
      Lock icon CCB receivers to issue offer letters to retrenched staff
      485 7 Bernama THE RECEIVERS for the Cooperative Central Bank (CCB), Hanafiah Raslan and Mohamad (HRM), will issue offer letters to the 195 employees whose services were terminated on April 12, at the end of this week. HRM principal Eapen Thomas has said
      Bernama  -  485 words
    • Article
      Lock icon Currency appreciation fears push Taiwan dollar to record high
      313 7 Reuter THE Taiwan dollar hit a record high against the US dollar on Tuesday amid fears that Washington will call for renewed currency appreciation to stem Taipei's widening trade surplus. The local dollar, which has been stable for about a month,
      Reuter  -  313 words
    • Article
      DBS Bank expands its venture capital business
      306 7  -  By DEXTER LEE DBS BANK has expanded its venture capital business with a new investment of $5 million in the Morgan Stanley Emerging Growth Stock Institutional Portfolio. Emerging growth stocks are stocks belonging to listed or unlisted companies that are in the second
      306 words
    • Article
      Lock icon Taipei offshore banks' assets up 23pc
      136 7 AFP TAIWAN'S central bank said total assets of the country's offshore banking units rose 23 per cent from a year earlier to US$l3.5 billion in the first quarter. Claims on financial organisations accounted for 84 per cent of assets with loans to non-finan-cial institutions
      AFP  -  136 words
    • Article
      Lock icon Japanese calls for universal banking
      117 7 AFP A TOP Tokyo banker has said that he favours setting up a Eu-ropean-style universal banking system as a means to liberalise and internationalise Japan's financial and capital markets. Kuniji Miyazaki, speaking to the press after being elected chairman of the Federation of Bankers Associations
      AFP  -  117 words
    • Article
      Lock icon ADB approves US$7.6m in loans, aid, investments
      193 7 UPI THE Asian Development Bank (ADB) has approved US$7.6 million in loans, technical assistance and equity investments for various development projects. A statement on Tuesday said the Manila-based bank approved a US$l.2 million equity investment and a US$4.3 million loan without government guarantee
      UPI  -  193 words
    • Article
      Lock icon US banks could get green light on underwriting soon
      260 7 Reuter A DECISION to allow major US banks to begin underwriting and dealing in corporate debt securities could be made in the next month, Federal Reserve Board Governor Robert Heller said. The banks must have their business plans approved by the
      Reuter  -  260 words
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      Page 7 Advertisements Column 1
      57 7 Titfer. Enjoyed in the USA and in over 45 countries. Hill f- fi! ■V, ■m m-, ."'-V mm i.. iu .a* I* SvY cfel sss I v >/ 5* I> 5- V' A 1 i I a WT*: C, oo I) A S LI) A R() r N I) T
      57 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon US assured of quality of M'sian rubber
      533 8 Bernama MALAYSIAN Primary Industries Minister Datuk Seri Dr Lim Keng Yaik has assured American consumers that the quality of Malaysian natural rubber has not deteriorated although recent advances in tyre technology and fabrication have set new standards for raw materials. He said that
      Bernama  -  533 words
    • Article
      Nickel producer Inco's first-quarter profits up 119pc
      291 8 BUOYED BY soaring nickel prices, the world's largest nickel producer, Inco Limited, has reported its fifth consecutive quarter of record earnings. The Toronto-based company said in a statement that its net earnings for the first three months of this year hit U*****.3 million
      291 words
    • Article
      Lock icon Gulf ministers considering plan to increase oil output
      268 8 AP OIL MINISTERS of the six-nation Gulf Cooperation Council are considering a plan that would increase production levels while defending the US$lB-per-barrel price, informed sources said. Saudi Arabian Oil Minister Hisham Nazer and his counterparts from Kuwait, Qatar, the United Arab Emirates.
      AP  -  268 words
    • Article
      Lock icon Malaysian set to fight US palm oil labelling bills
      322 8 AP MALAYSIA is gearing up to fight bills being introduced in at least three states in the United States to label food packages as containing palm oil or palm kernel oil, an official said. High-level discussions are taking place in Washington
      AP  -  322 words
    • Article
      Lock icon Rumours send Merc petrol prices on record-breaking surge
      428 8 UPI US PETROL prices exploded at an all-time record rate of nearly four US cents a gallon on Tuesday as traders chased rumours and expectations on the New York Mercantile Exchange. Unleaded petrol zoomed 3 93 cents to close at 76.16 cents
      UPI  -  428 words
    • Article
      Precious Metals
      448 8 HONGKONG: Gold closed slightly lower in quiet trading yesterday on profit-taking by Japanese investors and a slightly firmer US dollar, dealers said. They said traders were sidelined ahead of yesterday night's US gross national product figures, with some investors expecting a big increase. Dealers expected the metal to
      448 words
    • Article
      London markets
      261 8 London Commodity Exchange Buyer/Seller closing prices on Apr 25 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London May 1165/1168 (1158/1160) High/Low 1184/1158 July 1110/1112 (1103/1104) High/Low 1125/1103 Sales (3650) Cocoa Moy 742/744 (737/739) High/Low 744/730 July 760/761 (753/755) High/Low 762/748
      261 words
    • Article
      KL Tin
      177 8 THE Kuala Lumpur Tin Market rose 21 cents to M 528.26 a kg yesterday, influenced by an initial demand of 360 tonnes against 62 offered. "The small rise was healthy and we are looking forward to breach the psychological bearier of MJ29.50, one broker said. Most of the
      177 words
    • Article
      RAS and MRELB
      282 8 RAS prices In S cent*/kg, FOB in balM NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 206.50 207.50N 206.50 207.50N lot 1 RSS May 89 207.00 208.00 207.00 208.00 Int 1 RSS Jun« 204.50 205.50 204.50 205.50 lot 2 RSS OP 199.50 201.50N 199.50 201.50N
      282 words
    • Article
      SSR and SMR
      81 8 (cents/kg) MAY 1989 JUNE 1989 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSB 20 178.00 180.00N 178 00 180.00N SSR 50 176.00 178OON 176.00 I78.00N MRELB Buyers Sellers Buyers Sellers SAAB CV 280.00 282.00N 282.00 284.00N SMR I 281 00 283.00N ***** 285.00N
      81 words
    • Article
      Rubber
      574 8 SINGAPORE: Rubber prices closed lower with May 1 RSS buyer quoted at 207.00 cents a kg yesterday. down 1.50 cents from Tuesday's close. Dealers said prices drifted a little lower in the afternoon on some selling of forward positions. Trading was thin and featureless as most operators remained on
      574 words
    • Article
      Lock icon Crude Oil and Products
      179 8 Telerate FUEL OIL prices remained steady in the Singapore market yesterday Prices were said to be supported by regional demand Thailand reportedly cancelled its tender to buy CST-180 HSFO in view of the lack of participation (only one offer was made) and the high price of
      Telerate  -  179 words
    • Article
      Soybean
      198 8 CHICAGO Board of Trade soybeans, pounded by active and heavy professional house selling from around mid-day. extended sharp losses at the close on Tuesday, traders said. Late moderate local and commission house selling put the finishing touches to a negative day for soybeans Forecasts for more rain across the
      198 words
    • Article
      Palm Oil
      221 8 Total o/p ai at llOOhr* 4295 eontroctv Turnow: 364 lon. Market ton* Wghrty stoodtor MALAYSIAN CRUDE PALM OIL FUTURES closed higher yesterday on light covering interest on the Kuala Lumpur Commodity Exchange with prices locked in a narrow range in the absence of fresh factors. Trading was quiet
      221 words
    • Article
      Produce Prices
      192 8 Chinese Produce API FOB NSW 380.00 (USS/tom, FOB) Exchange AP2 FOB NSW EK1 FOB NSW 330.00 345.00 White Rice a' 7 Sellers' noon doting prices on Robwsta 20/25% 100% 1st dots 3l5 295 Apr 26 (S$/100 kg) FOB NSW 305.00 100% 2nd dots 100% 3rd dots 290 Coconut
      192 words
    • Article
      Wheat
      217 8 CHICAGO Board of Trade soft red winter wheat futures closed steady to higher on Tuesday amid light professional and commission house buying, traders said. Old crop May was the only contract that closed lower, in the absence of major export business opportunities. New crop months were supported by forecasts
      217 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Caltex's drive to upgrade stations
      306 9  -  by Sangeeta Mulchand CALTEX (Asia) launched a major exercise this week to spruce up its 31 stations around Singapore, announcing at the same time its intention to build new stations. The sprucing-up includes the repainting, refurbishing and in some cases, rebuilding, of service stations. "Most
      306 words
    • Article
      A very special QE2 cruise for half the price
      335 9 WHEN luxury liner QE2 sails from Honolulu to New York in June, she will be carrying passengers who are paying less than half the normal price. She will sail east through the Pacific Ocean, through the Panama Canal and up the
      335 words
    • Article, Illustration
      Lock icon From US come hard-sell tactics
      58 9 Reuter A MOSCOW RESIDENT walking by an advertisement for "Seagull" television sets as Madison Avenue's hard-sell techniques become more and more common in the Soviet capital. The slogan reads "clear image, excellent sound". A basic black-and-white model would cost roughly what the average Muscovite might
      Reuter  -  58 words
    • Article
      Bista forecasts higher turnover
      283 9 BISTA TRADING is expecting turnover this year to surpass the $20-million mark with its recent appointment as the sole agent for Swiss watchmaker Vacheron Constantin in Singapore, Malaysia. Indonesia and Brunei. Vacheron Constantin is the fourth brand-name after Cross Pens. Elizabeth Arden. and Van Cleef and
      283 words
    • Article, Illustration
      Agfa takes over marketing of its pre-press equipment
      330 9  -  By GENEVIEVE CUA AGFA-GEVAERT, a specialist in the production of chemical and electronic imaging systems, has taken over the marketing and sale of its film, paper and other equipment for the printing industry. The takeover from its former agent, East Asiatic Company,
      330 words
    • Article, Illustration
      Switch in strategy to 'organic growth'
      620 9  -  SAATCHI SAATCHI ADVERTISING INTERNATIONAL By SANGEETA MULCHAND AN ANTICIPATED PLUNGE in Saatchi Saatchi's pre-tax profits this year the first in its 18-year history has caused the company to change its emphasis from aggressive acquisition to "organic growth". "We are looking for more profits out
      620 words
    • Article
      Lock icon The end of an expansive era
      331 9 NYT BRITISH ADVERTISING'S go-go years appear gone, in the wake of the Saatchi Saatchi Cos announcement last month that it expects its earnings to decline this year, for the first time in its expansive history. Finished, say advertising analysts and executives, is the strategy
      NYT  -  331 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      126 9 Ogilvy Mather Public Relations The Business We're In Public Relations means different things to different people. To Ogilvy Mather it is "a management resource using professional communicators to create the appropriate public climate for a business, its products or services." The Appointment Group Manager, reporting to Client Service Manager. The
      126 words
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      Page 9 Advertisements Column 2
      196 9 Tliey re also fashionable on the streets of Milan, -%w* i ft 1 V r 9*s»* V?. Unlike other footwear makers who slavishly follow the winds of change, we Timberland people take our inspiration from the winds that never change. Be they the mighty gales that hammer the Carolina coast,
      196 words
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  • PERSPECTIVE
    • Article, Illustration
      Singland in the limelight again
      2538 10  -  Eight years ago it was the highly controversial ship deal. Today Singapore Land is at it again this time in a tiff with the SES over the aborted Gateway Land share deal. A BT team comprising Property Correspondent LEE HAN SHIH and Companies reporters ELAINE
      2,538 words
    • Article
      Time now to study the students
      484 10 IN RESOLVING any problem, it is imperative to isolate, from among a host of underlying factors, those which are directly related to the situation. Two definitive factors may be pinpointed to be at work behind the headline-grabbing actions of the Chinese students and intellectuals
      484 words
    • Article, Illustration
      The way of Tao
      701 10 TAO Shing Pee, the 73-year-old chairman of Singapore Land, has been the prime mover behind the Republic s oldest listed property group for the past 16 years. Although the Taos' stake has been dwindling from 28 per cent to a perilously low level in the past
      701 words
    • Article, Illustration
      Putting a value to the twin towers project
      758 11 BY ONE estimate, it will only be worth the while of Singland in the Gateway deal if it can be assured that the project can be sold for an average $8,608 per sq m ($800). The breakeven point of $8,608 is calculated
      758 words
    • Article
      The assets of Singapore Land
      180 11 A value judgement" Property Use/ Lettable space Value ($psm/$psf) Total value ($mll) location (sq rrvsq ft) A B A B Shing Kwan Office/ 18,636/ 9,146/ 11,300/ 170 211 House Shenton Way 200,523 850 1,050 Clifford Office/ 25,470 10,222/ 13,450/ 260 343 Centre Raffles Place 274,057
      180 words
    • Article, Illustration
      Gateway to be ready by 1990
      710 11 SINCE IT left the drawing board of American architect IM Pei, the twin-tower Gateway project has been piling up with problems. Singapore Land first unveiled its plan to build the futuristic 37storey twin tower in November 1981. The Gateway, at the junction of Ophir
      710 words
    • Article
      The medical profession
      1022 11  -  ONE MflN'sVlEW By SEAH CHIANG NEE "I AM A big consumer of medical services. That's because I am an old man. But I must say I am very unhappy with the way many doctors are treating us patients." This was the introduction to a list of complaints
      1,022 words
  • Page 10 Advertisements
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      91 11 GRANDMASTER GUITARIST A living legend. Ihe heir to the lale Andres Segovia ST. PAUL PRESS DISPATCH Mr Bream has won all the encomiums in the book and still deserves them' 1 new york times "Mastery of phrasing and extraordinary' range of instrumental colour' boston heraijj IN CONCERT FOR ONE PERFORMANCE
      91 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      34 11 BrigtOOTftanfr T3irfa»nfi 'V£- 6eeN THINkTiNO P\e>OL)T JO*N'NG THRT H6RLTH CLU& DOWN THE, STRCeT u)HY not P I've nothing to do p\ll dry.. r~ Vwn J m or CVCNINO ST A NOAH 0 CO. LTD.,
      34 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      227 12 RB2OE ENGINE WITH ECCS The 2-litre 6-cyUnder engine is managed by Nissan's Electronic Concentrated Engine Control System for a superb balance of power, fuel efficiency and quietness. DUET-SS SUPERSONIC SUSPENSION SYST£M The Duet-SS uses ultrasonic waves to determine road conditions and then automatically adjusts the power steering and shock absorbers
      227 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      240 13 lON SYST£M co determine r adjusts the power ccordingly DUET-EA MICROCOMPUTER-CONTROLLED ENGINE The Duet-EA engine pairs with Nissan's Full Range E-AT Auto Transmission to create a smoother and more fuel-efficient performance. W MULTI-LINK REAR SUSPENSION One of today's most advanced systems, it eliminates all roll, scuff, lift and squat for
      240 words
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  • LEISURE
    • Article
      Lock icon The 1787 vintage was a smash
      222 14 WINE Reuter BILL SOKOLIN doesn't usually cry over spilt milk, but this was a 202-year-old wine worth more than US$5OO,OOO dripping onto the carpet from the shattered bottle in his hand. "It was a disaster. Thank God it was broken by me and not
      Reuter  -  222 words
    • Article, Illustration
      Amiable Bette Davis
      478 14 PERSONALITIES AT THE AGE of 81. Bette Davis has been swathed in awards and tributes, from two Oscars to a prestigious New York gala in her honour on Monday night. But when you arrive at her hotel suite, Davis does not play the big star. She stands
      478 words
    • Article, Illustration
      Lock icon Paris's eccentric extravaganza
      474 15 CELEBRATIONS Reuter A GIGANTIC and bizarre two-hour "opera-ballet" with a cast of 8,000 people. 1,000 sheep and other assorted oddities is to crown celebrations marking the 200 th anniversary ot the French Revolution on July 14. French Culture Minister Jack Lang on Tuesday said the surreal show
      Reuter  -  474 words
    • Article
      Lock icon Satire on Iran-Contra scandal turned down by Kennedy Centre
      581 15 THEATRE NYT IS THERE ROOM at the Kennedy Centre in Washington for a play that asks the question: "What does the American President know, and does he have any idea that he knew it?" Apparently not. The play in question is
      NYT  -  581 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      852 14 !,.+}\-{$`;@>~(+-*`~(.:[,~+;\|_ MALAYSIAN HIGH TEA ONLY $7.00++ o Try Something Malaysian Style "HIGH TEA" From three to six every afternoon your choice of 15 Buffet spread of delicious Kueh Lapis. Kueh Dadah. Mee Siam, Kueh Kuchee, Agar Agar Gundil. Bubor Hitam, Gula Melaka and many more. Unlimited servings Time: 3.00—6.(Dpm Venue:
      852 words
    • Advertisement
      Page 14 Advertisements Column 2
      238 14 "Don't f< Secrets at The S April 2 r iiJ* ir V H i Treat your secretary to a delectable 4-course lunch V", and fashion spectacular as only The Stables can do it. There'll be gifts for one and\ all, plus a chance to win valuable prizes in our Lucky
      238 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      315 15 Cherry Blossom Festival April 5 to 29 The sweet promise ot spring comes to Ihe Unkoi vtften the Sokura blooms. Celebrate the charm of Ihe Cherry Blossom Festival with us in Ihe authentic Japanese way In honour of this lovely occasion, we will be offering Ihe Sakuia kaiseki, a special
      315 words
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      Page 15 Advertisements Column 2
      19 15 r/' I Z z V J. m V/, V/ X m I QUALITY GUARANTEED u fl THE SUPERB SCOTCH
      19 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      626 15 CRYPTIC PUZZLE ACROSS 1 Poor player, possibly punched (6) 7 Emma's place? (8) 8 Cartoon character or parts for young girls (4) 10 Like a vase one could contrive to save? (6) 11 A bit of publicity (6) 14 Fellow fashionable as a fowl (3) 16 Parts with a bad
      626 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1340 15 TV and RADIO The king of swing OUR CHOICE APPLAUSE Artie Shaw: Time Is All You've Got, 10.25pm, Channel 12 The king of clarinet and one of the greatest bandleaders of the Swing Era is featured in the first and only film made in which he agreed to be interviewed.
      1,340 words
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  • SPORTS
    • Article
      Lock icon Five top seeds advance to second round in Dunlop Masters
      284 16 TENNIS AP, AFP THE FIVE top seeds, led by Ramesh Krishnan of India, advanced into the second round but No 6 seed Chris Bailey of Britain was eliminated yesterday in the men's singles of the Dunlop Masters Tennis Tournament in
      AP,; AFP  -  284 words
    • Article, Illustration
      Lock icon Becker advances
      349 16 AP FOURTH-SEEDED Jakob Hlasek of Switzerland and three other seeded players were eliminated on Tuesday at the U*****,500 Monte Carlo Open tennis tournament. Argentine Martin Jaite, who lost in last year's finals to Ivan Lendl, beat Hlasek, 6-4, 6-1. The two top seeds advanced in rainy conditions. Mats
      AP  -  349 words
    • Article, Illustration
      Evernden wastes no time beating Saceanu
      346 16  -  By A SURENDREN A WRY Kelly Evernden of New Zealand had to put up with not so dry conditions in the second round of the Epson Singapore Super Tennis at Kaltang yesterday. With the threat of a rainstorm impending, Evernden sent out West German
      346 words
    • Article
      Lock icon Cunningham overcomes third seed Maleeva
      259 16 AP SIXTEEN-YEAR-OLD amateur Carrie Cunningham won a battle of service breaks 4-6. 7-5, 6-2 in the Virginia Slims of Houston tennis tournament on Tuesday over third-seeded Katerina Malee va, who served much of the final two sets underhanded. Maleeva, ranked No 11 in the world,
      AP  -  259 words
    • Article
      Lock icon Big names absent from Las Vegas
      239 16 GOLF AFP BABIES, AMATEURS and competition from other tournaments have conspired to keep many of golf's biggest names away from the troubled US$l.25 million Las Vegas Invitational, which started yesterday. "It's a combination of things." said defending champion Gary Koch. "It's in a tough
      AFP  -  239 words
    • Article
      Lock icon Hernandez takes second leg
      120 16 CYCLING AP JOAQUIN HERNANDEZ of Spain won the second leg of the 44th Tour of Spain cycling race on Tuesday and Benny van Brabant of Belgium became the overall leader. Hernandez took the leg. a 209.2 km stretch from La Coruna by out-pedalling fellow Spaniards Federico
      AP  -  120 words
    • Article, Illustration
      Mansell to race alone
      191 16 MOTOR-RACING BRITON Nigel Mansell will race alone for Ferrari at the Monaco Grand Prix after the crash which injured Austrian Gerhard Berger at the San Marino Grand Prix, Italy's top sports newspaper said on Tuesday. Gazzetta Dello Sport said Ferrari had decided not to replace Berger
      191 words
    • Article
      Lock icon Auroil charges back to regain lead
      279 16 Reuter OIOIER AURIOL of France in a Lancia Inttgrale charged back into the lead on the third stage of the Tour of Corsica rally on Tuesday, catching and passing upstart part-time driver Francois Chatriot wfo led after the second stage. Auriol took advantage of
      Reuter  -  279 words
    • Article
      Lock icon Top seedings for Pistons, Lakers
      241 16 BASKETBALL AFP THE DETROIT PISTONS and the defending champion Los Angeles Lakers will have the top seedings as the National Basketball Association (NBA) play-offs begin today. The Pistons, runners-up to the Lakers in 1988, compiled the best record in the NBA (63-19) this season and
      AFP  -  241 words
    • Article, Illustration
      Lock icon And here's some tips from 'Dr' Tyson
      243 16 BOXING AFP UNBEATEN world heavyweight boxing champion Mike Tyson received an honorary degree in Ohio on Tuesday and gave the predominantly black student body some tips for fighting against racism. "When you really think about it, this is a society which breeds racism,"
      AFP  -  243 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      45 16 V EPSON SINGAPORE SUPER TENNIS WET) LIKE TO SEE TOU IN COURT TODAY. From today to 30 April '89, the Epson Super Tennis Tournament will be held at the Kallang Tennis Centre. All matches begin at 5 pm. Come on down and have a ball!.
      45 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon Pac-Man tactic may do trick for Ranks Hovis McDougall
      754 17 amiq mm™ By HOCK LOCK SIEW A COMPANY under siege by an unwelcome predator can employ what is called Pac-Man defences by raiding the shares of the other company. That's exactly what British bakeries and food group Ranks Hovis McDougall (RHM)
      By HOCK LOCK SIEW  -  754 words
    • Article
      Uniphone looking for new export markets
      532 17 UNIPHONE Telecommunications Bhd (formerly known as Malayan Cables) is scouting for new international markets to boost its export of telecommunication equipment. Nearer home, the group is pursuing telecommunicationsrelated projects in South-east Asia and East Africa. In a statement accompanying its year-end results, which showed
      532 words
    • Article, Illustration
      Keppel aims to wipe out debt within two years
      624 17  -  Group seeking new businesses in several countries By ELAINE KOH KEPPEL CORPORATION Ltd. which was at one time bogged down by huge debts and interest expense, is working on wiping out its debts within the next two years In his latest
      624 words
    • Article, Illustration
      Far East Levingston well-poised for a better year
      707 17  -  By HERMAN PHUA WITH THE gradual pick-up in the shipbuilding and offshore rigbuilding industry, Far East Levingston Shipbuilding Ltd is well positioned with its modernised shipyard and increased capital equipment to tap the potential of the market and improve on its performance.
      707 words
    • Article
      Plans to redevelop Ming Court submitted
      424 17 MING COURT Hotel Ltd has already submitted plans for the redevelopment of its main asset, the Ming Court Hotel. In the company's latest annual report, chairman Dr Yeoh Ghim Seng said the plans have been submitted to the planning authorities for their approval, although
      424 words
    • Article
      Parkway to make $12m profit from sale of San Centre
      250 17 PARKWAY HOLDINGS Ltd will reap a $12-million net gain from the proposed sale of the SarQ Centre along Chin Swee Road for $39 million. This will be into the group s accounts in 1990. It entered into an agreement; to
      250 words
    • Article
      Malayan Flour plans M$50m rights issue
      184 17 MALAYAN FLOUR MILLS BHD (MFM) is proposing to raise almost Msso million from the market through a rights issue to finance its expansion and diversification into the feeds and poultry sector. For every four shares that shareholders hold, they will be able to subscribe
      184 words
    • SES
      • Article, Illustration
        Local market advances slightly amid lacklustre trading
        780 18 THE LOCAL MARKET could break out of its consolidation phase soon, dealers said, if nothing unexpected happens. Yesterday's four-point gain was a confirming step in that direction. The Straits Times Industrials Index climbed 4.20 points to 1,250.31, while the Business Times Composite Index
        780 words
      • Article
        COMPANY MEETINGS
        116 18 FEDERAL FLOUR MILLS BHD: 27th AGM at 19th Floor, Wisma Jerneh, 38 Jalan Sultan Ismail, ***** ftjala Lumpur, tomorrow at 10 00 am. PRIMA LTD: AGM at the Registered Office at 201 Keppel Road, Singapore o*o9, tomorrow at 3.00 pm. SELANGOR PROPERTIES BHD: 27th AGM at 4th Floor,
        116 words
      • Article
        APPROVED ISSUES
        128 18 Company RIGHTS ISSUE D C Bonk One-for two 10 75 p E* dote-. March 9 Bookj dose-. Morch 23 •r shore Acceptor* ft Payment: May 5 G«org« Town Three lor two $1 00 Ex dole: Morch 13 Books close Morch 26 per shore Acceptance ft Payment: May 12
        128 words
      • Article
        PROPOSED ISSUES
        340 18 Company RIGHTS ISSUE Ayer Hi torn Tin On* for on* $1 10 per tho'« Berjaya Corpn One-for one $1 00 por per shore C 1 Holdings 27 million loon stocks in the rotio ot $3 loon slock lor every five ordmory shares held Cousewoy Inv Hue of J7.2S2.93/
        340 words
      • Article
        Unit trusts
        323 18 Managers' prices for April 27 Singapore Unit Trust The Commerce 1.10 1.17 The Savings fund 0.95 1.01 S pore Prog fund 0.43 0.47 S'pore Sec fund 073 0.78 S pore Invest fund 077 082 S'pore Equity fund 052 0.56 Asia Unit Trust Mol Invest fund I 52 1
        323 words
    • Article
      SES SHARE INFORMATION
      6045 18 1989 High Low Tal Cod* Company Last Sale APR 26 crVol C000) Day Last Quota High Low Buyar Sailor Gr'a Dlv Dlv C'vr Gr'a Y'ld Nat PI E M Cap Smll 154 93 172 70% 86 100 101 82% 188 91% 95 135 100 87% SESDAQ 120
      6,045 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices close easier
        3566 19 MBT INVESTORS continued to ka«p to the sidelines and prices on the Kuala Lumpur stock market eaaed for the second consecutive session in moderate trading yesterday. Price changes were minimal either way. This was in spite of the fact that the Tokyo stock market closed on
        MBT  -  3,566 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon NZ commission likely to examine Ranks bid
        589 20 Reuter. NEW ZEALAND'S anti-trust body, the Commerce Commission, is expected to examine Ranks Hovis McDougall pic's proposed offer for Goodman Fielder Wattie Ltd, a commission spokesman said. "In terms of the Act (the 1986 Commerce Act), it is very likely to come before
        Reuter.  -  589 words
      • Article, Illustration
        Lock icon European investors still not too keen on Japanese shares
        533 20 Reuter JAPANESE Prime Minister Noboru Takeshita's decision to resign over the Recruit share scandal may not be enough to revive European interest in Japanese shares, brokers in London said. Britain and Continental Europe account for some SO per cent of total
        Reuter  -  533 words
      • Article
        Lock icon Taipei acts against illegal trades
        192 20 Reuter IN AN EFFORT to crack down on illegal stock trading and reduce soaring turnover, Taiwan's Securities and Exchange Commission will obtain greater power to investigate stock transactions. An SEC spokesman in Taipei said yesterday that regulations going into effect today aim at ending illegal
        Reuter  -  192 words
      • Article
        Lock icon Koito turns down Pickens' request
        220 20 Reuter JAPANESE motor-parts maker Koito Manufacturing yesterday rejected a request by US corporate raider T Boone Pickens for seats on the Koito board, saying it doubts he is the real owner of a controlling stake in the company. "There is growing speculation that your company
        Reuter  -  220 words
      • Article, Illustration
        Lock icon Record high close
        626 20 Tokyo Reuter SHARE prices on the Tokyo exchange rose in late trading yesterday, taking the Nikkei Index to both a record closing high and a record traded high on the back of strong investment trust buying in the afternoon. Trade was active on the first day of
        Reuter  -  626 words
      • Article, Illustration
        Lock icon Slightly easier close
        459 20 Australia Reuter THE AUSTRALIAN share market was slightly easier by the close of floor trading as sellers wiped off recent gains in the industrial sector, brokers said. The All Ordinaries Index ended down 3.2 points at 1,472.3. Brokers said the early positive market sentiment faded as soon
        Reuter  -  459 words
      • Article, Illustration
        Stocks finish marginally lower
        1355 20 Hongkong PRICES of blue chips on the Hongkong stock exchange closed virtually unchanged after a day of range trading with investors closely watching the latest political developments in Beijing. The Hang Seng Index ended 0.06 points lower at 3,118.67 after trading within a range of about
        1,355 words
      • Article
        Lock icon Taipei: Crack-down jitters
        477 20 Reuter TAIWAN share price* dropped almost across the board yesterday as investors reacted to news that the Securities and Exchange Commission (SEC) will crack-down on illegal same-day trading, dealers said. The index dropped 175.23 points, or 2.1 per cent, to finish at 7,927.16 against Tuesday's 8,102.39 close.
        Reuter  -  477 words
      • Article
        Lock icon Seoul: Fall over broad front
        87 20 Reuter SEOUL stocks yesterday (ell over a broad front in sluggish trading as bearish sentiment carried over from Tuesday's session, brokers said. The Composite Index shed 9.09 points to finish at 934.72. Trading picked up marginally to 291.5 billion won against the lacklustre 288.7 billion
        Reuter  -  87 words
      • Article
        Lock icon Bangkok: Index up
        157 20 Reuter The Securities Exchange of Thailand rose 9.11 points to 502.64 level yesterday on a turnover of 12,556,597 shares worth 1,141.74 million baht. AM BAHT Ao Kham Thai 426 4 Ayudhyi InvMlnwnl t. 38 50 -0.29 Bangkok Agro-tnd 73 +0.5 Bangkok Bank Bank 01 Ayudhya... Charoong Thai
        Reuter  -  157 words
      • Article
        Lock icon New Zealand: Easier close
        194 20 Reuter THE NEW ZEALAND share market eased on huge volume yesterday, largely because the price of Goodman Fielder Wattie fell. But brokers said sentiment remains buoyant. "The market is still well bid," one broker said. GFW fell 10 cents to NZ$3.l2 as the bidder for the
        Reuter  -  194 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Wall St down on profit-taking
        801 21 New York Reuter WALL STREET STOCKS sagged for the second consecutive day on Tuesday, weighed down by late profit-taking and position squaring before yesterday's report on first-quarter US gross national product growth. Blue chips failed to hold above 2400, a significant level for market psychology.
        Reuter  -  801 words
      • Article, Illustration
        Lock icon Equities soar in early trade
        986 21 London Reuter, AFP LONDON SHARE PRICES opened mixed yesterday but with an easier bias in moderate trading. Dealers cited nervousness over March UK balance of payments data due at 1030 GMT and Wall Street's 15-point fall on Tuesday. At 0800 GMT the FTSE index was
        Reuter,; AFP  -  986 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1436 21 Reuter AMSTERDAM: Dutch shares remained weak yes- terday ahead of the US first quarter gross national product figure due yesterday and received little support from a smaller than expected UK March trade deficit. The weaker tone was set in the morning on the back of a lower
        Reuter  -  1,436 words
      • Article
        Goldsmith's UK tie-up
        82 21 SIR JAMES Goldsmith s joint British acquisition vehicle, to be set up jointly with Jacob Rothschild, is to be called "Anglo Group", a statement by the partners' Anglo Leasing company said. Anglo-French financier Goldsmith announced the link-up early in March with his old business associate and friend,
        82 words
      • Article, Illustration
        Lock icon Cons Gold bid: time running out for Minorco
        590 21 US court decision raises chances of failure Reuter SOUTH AFRICA-controlled Minerals and Resources Corp Ltd's £3.5 billion bid lor British-based diversified mining group Consolidated Gold Fields pic is not yet completely dead. But analysts in London said time was running out fast
        Reuter  -  590 words
      • Article
        Lock icon Exxon still assessing total costs of oil spill in Alaska
        297 21 Reuter EXXON CORP has already been sued, could be fined, and will (ace road blocks to further Alaskan oil exploration due to the spill by the Exxon Valdez oil tanker last month, company officials in New York said. "This will
        Reuter  -  297 words
      • Article
        Lock icon Mobil, Chevron results confirm downward trend in net earnings
        206 21 AFP TWO more US oil majors Mobil Oil and Chevron Corp have reported sharply lower first quarter net earnings Tuesday, confirming a trend started on Monday with Exxon Corp's first quarter results. Mobil, the US's second largest oil company after Exxon,
        AFP  -  206 words
    • Article
      SMRT loss below forecast
      373 22  -  System not fully operational yet; fare rise unlikely By JAYARAM MENON THE Singapore MRT Ltd (SMRT) has managed to reduce its projected toss for the first 14 months of its operation by 10 per cent to $30 million, said Minister of Communications and Information, Or Yeo
      373 words
    • Article, Illustration
      Lock icon Azlan Shah sworn in as Malaysia's king
      400 22 UPI SULTAN AZLAN SHAH, a former chief justice and avid sportsman, was sworn in yesterday as Malaysia's ninth monarch. Resplendent in the traditional white and silver robes, the 61-year-old Sultan Azlan took the oath of office for a five-year term in a colourful
      UPI  -  400 words
    • Article
      President Wee, PM Lee send congratulations
      216 22 PRESIDENT Wee Kim Wee and Prime Minister Lee Kuan Yew sent congratulatory messages to the ninth Malaysian monarch, Sultan Azlan Shah, who was sworn in yesterday. In his message, President Wee Kim Wee said the "Government and people of the Republic of Singapore join
      216 words
    • Article
      China agreeable to UK rights for HK residents
      361 22  -  By FOO CHOY PENG BEIJING has told a British parliamentary team visiting China that it would not object to any move by London to grant Hongkong residents the right of abode. The message, according to reports in China, was conveyed to the
      361 words
    • Article
      Lock icon Takeshita's aide kills himself
      218 22 UPI A FORMER top aide to Prime Minister Noboru Takeshita, who announced on Tuesday that he would resign amid Japan's worst post-war political scandal, committed suicide yesterday. Authorities said Ihei Aoki, 58. whose involvement in the "Recruit-gate" bribery scheme was the first indication of Mr Takeshita's
      UPI  -  218 words
    • Article
      Takeshita's resignation will affect ties: Sudomo
      285 22  -  By DAVID CHEW INDONESIA'S Minister Coordinator for Political and Security Affairs. Admiral Sudomo, says that the resignation of Japanese Prime Minister Noboru Takeshita will affect his country's economic ties with Japan. "The economic relationship will change, especially in economic cooperation," Admiral Sudomo told a
      285 words
    • Article
      Lock icon Beijing calls for 'grave struggle' against unrest
      267 22 NYT IN ITS STRONGEST public comment so far on the pro-democra-cy student demonstrations of the past 10 days, the Chinese Communist Party on Tuesday night called for a grave political struggle against student unrest. The harshness of the message. which charged that the
      NYT  -  267 words
    • Article
      Lock icon Comex silver
      74 22 Reuter COMEX silver futures came down early yesterday on commission house selling linked to the upcoming first notices in spot May contract, but the pressure levelled off above last week's contract lows. May silver lost 4.5 cents at U555.75 an ounce, placing it just on top of the
      Reuter  -  74 words
    • Article
      Lock icon Quayle discusses Soviet military role with Aussies
      203 22 UPI AMERICAN Vice-President Oan Quayle held talks with Australian leaders yesterday on Soviet military expansion in the Pacific and reaffirmed bilateral defence arrangements following a break with alliance partner New Zealand. Mr Quayle arrived in Canberra yesterday on the first leg of an
      UPI  -  203 words
    • Article
      S'pore welcomes Takeshita's decision to go ahead with tour
      464 22 SINGAPORE yesterday welcomed Japanese Prime Minister Noboru Takeshita's decision to carry on with his scheduled visit to the Republic and other countries in the>region. A Ministry of Foreign Affairs statement said that Singapore was "pleased with Mr Takeshita's commitment to ensure
      464 words
    • Article
      Lock icon Place Japan on list of nations that have hurt US interests: Gephardt
      476 22 AP. UPI WHILE calling for a free trade agreement between the US and a Western Europe moving towards unification, Congressman Richard A Gephardt said Japan should be placed on a list of nations that have damaged US economic
      AP.; UPI  -  476 words
    • LATE FILE
      • Article
        Lock icon Tarumizu to be new ADB chief
        36 22 AP JAPAN will formally nominate Kimimasa Tarumizu, a former senior official of the Finance Ministry, to serve as president of the Asian Development Bank, a ministry official said yesterday. AP
        AP  -  36 words
      • Article
        Lock icon LDP to push budget through
        40 22 AFP JAPAN'S ruling Liberal Democratic Party (LDP) is likely to force passage of the government's fiscal 1989 budget through the Lower House of Parliament by the end of the week, political sources said yesterday. AFP
        AFP  -  40 words
      • Article
        Lock icon Date fixed for contempt hearing
        35 22 AP THE MALAYSIAN Supreme Court has fixed tomorrow to hear the Malaysian Bar Council's allegations that the country's highest-ranking judge, Lord President Abdul Hamid Omar, committed contempt of court. AP
        AP  -  35 words
      • Article
        Lock icon Cheney cuts defence spending
        42 22 UPI US DEFENCE Secretary Dick Cheney brought the Administration's proposed US$lO billion cut in the defence budget to Congress, seeking a reduction in the armed forces by 16,800 and a US$l billion slice out of "Star Wars". UPI
        UPI  -  42 words
      • Article
        Lock icon NZ to focus on Asia for growth
        36 22 AFP NEW ZEALAND'S future security and economic growth could be imperilled unless it pays sufficient attention to Asian nations, Foreign Affairs Minister Russell Marshall said in Wellington yesterday. AFP
        AFP  -  36 words
      • Article
        Lock icon Taipei to tighten money supply
        35 22 Reuter TAIWAN'S latest anti-inflation drive has failed to control the growth of money supply and bankers said yesterday that the government would adopt new steps to tighten credit further. Reuter
        Reuter  -  35 words
      • Article
        Lock icon Chun returns wealth
        38 22 AFP FORMER President Chun Doo-Hwan has turned in 14,012,938,481 won (about US$2l million) to the state in accordance with his public announcement made last November to renounce all his personal assets, officials said yesterday. AFP
        AFP  -  38 words
      • Article
        Lock icon Lucille Ball dead
        39 22 Reuter COMEDIENNE Lucille Ball, known worldwide as a dizzy, redheaded housewife in television's Love Lucy, died in Los Angeles yesterday. She was 77. Ball was admitted last week to Cedars-Sinai Medical Centre for heart surgery. Reuter
        Reuter  -  39 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      97 17 fif uya w OVERSEAS UNION BANK LIMITED (Incorporated in the Republic of Singapore) USD 100,000,000 SUBORDINATED FLOATING RATE NOTES DUE 2011 (REDEEMABLE AT THE OPTION OF THE NOTEHOLDERS IN 1996 AND 2006) In accordance with the provisions of th< notes, notice is hereby given that the rate o interest for
      97 words
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      Page 17 Advertisements Column 2
      144 17 CURRENCY INVESTMENT AMI'KK I \|>K| ss H\\k TEL: 321 3333 PROPERTIES AT AUCTION Is Pleased To Announce Its First Real Estate Auction May 25th, 1989 10:00 AM Chestnut Park Hotel, Toronto, Canada Properties featured in this Auction: ♦TORONTO: 2-Storey Retail/Apt. Building on Bloor at Christie TORONTO: 2-Storey Retail/Apt, Building on
      144 words
  • Page 17 Miscellaneous
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      287 21 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Perfect Shipbuilder Pte Ltd of Blk 86. #04-301 Marine Parade Central, Singapore 1544 hereby give notice that in consequence of our Intention to change the name of the motor tug "PERFECT ANGEL" we have applied to the Registrar of Singapore Shipe
      287 words
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      Page 21 Advertisements Column 2
      417 21 NOTICES INTERSTAR (PTE) LTD (Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Chapter 50 that a Final Meeting of the members of the abovenamed Company will be held at M/s Low Kok Kim Company, Tan Boon Liat Building, 315 Outram Road, #15-06. Singapore
      417 words
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      Page 21 Advertisements Column 3
      477 21 NOTICE NOTICE IS HEREBY GIVEN that, I THNAY GER SENG of Blk 4, Teck Whye Avenue, #09-226 Singapore 2368, have applied for a PUBLIC HOUSE, FIRST CLASS licence in respect of premises at M/s VINCENT'S LOUNGE at 304, Orchard Road, Lucky Plaza #06-06 Singapore 0823. and that this application will
      477 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      203 22 mm Date: Sunday, 30 April, 1989 Time: 10.amto6pm VenuerMarina Mandarin Ballroom, level 1 Marina Mandarin,6 Raffles Boulevard Marina Square. Singapore 0103 Viewii»g:loam-lpm Auction Sale:!.3opm AoctiMMrs: 35 Taha, lushton I Bailey /TO Constants Pit. lid. ym I f j n r=^3SSBH I W- 7 7><vu &vtfiet (fatlencf "Pte.^td. 6 Raffles Boulevard/
      203 words
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      Page 22 Advertisements Column 2
      274 22 Leader, PAGE 10 Tho gold report was not ■Tillibli at pron Him INTRODUCING SCAT II HOVERCRAFT .&i Flies Over Water Swamp Land Hire Purchase Available iiiugimm i m Water Sport Vehicle of the 21st Century for FREE Demo Ride and information Call Union Alloy (Pte) Ltd 440 Serangoon Road, Singapore
      274 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        HMM appeals against tariffs
        95 23 THE EUROPEAN COURT of Justice has received an official complaint from Hyundai Merchant Marine (HMM) over the European Community's decision to impose tariff restrictions on its Europe-to-Australia liner servie. The court is likely to grant a hearing within the next 18 months with a judgement expected
        95 words
      • Article
        Lock icon UK group sells off shipping interests
        70 23 Lloyd's List BRITISH PROPERTY GROUP Mountleigh has withdrawn from ship ownership, just 20 months after acquiring one of the oldest names in the business, Boston Steam Shipping. Yorkshirebased Mountleigh will hand over its remaining three vessels to Danish interests, understood to be a company
        Lloyd's List  -  70 words
      • Article
        Lock icon Greeks bullish on shipbuilding
        112 23 AFP PROSPECTS for the world shipbuilding industry over the next 10 years are good, and the Greek industry is in a good position to take advantage of them, the Greek Technology and Industry Ministry said in a statement on Tuesday. The statement said orders currently under
        AFP  -  112 words
      • Article
        Lock icon Coast Guard frees Taiwanese vessel
        70 23 UPI THE US COAST GUARD has released a Taiwanese fishing vessel that it chased for three days and detained for five. But the investigation into suspected illegal fishing by its crew continued, US officials said on Tuesday. The Taiwanese shrimp fishing vessel was suspected of
        UPI  -  70 words
      • Article
        Lock icon Crew abandons freighter
        70 23 Reuter A SPANISH FREIGHTER carrying 500 cars to France was ablaze and drifting off north-west Spain on Tuesday, the maritime radio Onda Pesquera said. It said the 21-man crew of the 6,017dwt Spanish roro vessel Velazquez abandoned ship after trying to return to port in Vigo and
        Reuter  -  70 words
      • Article
        Lock icon Salvage operations over
        72 23 Reuter SALVAGE WORKERS have ended an operation to recover toxic chemicals from an Indonesian freighter that sank in the English Channel last month, the British Department of Transport said on Tuesday. A spokesman in London said naval and private salvage workers had recovered 28 of the 32
        Reuter  -  72 words
    • Article
      Index to advertisers
      683 23 AB Shpg VH ABC Contotnerline XI Accord Shpg VIII Arrow lines XI ANl Ml A PC Ima VH API V ASCI V Austrosio lin« VII Bolt Conodo lirve IX Bolt-Orient line IX Boltic Orient Shpg XI Bonglodesh Shpg VII Bonk line VH BBS IV Ben line Coot
      683 words
    • Article
      Cargo firm expected to chalk up $30m in sales
      505 23  -  Results mark 15pc growth for Yusen Air and Sea Service (S) By RAHITA ELIAS REFLECTING the buoyant airfreight industry, Yusen Air and Sea Service (S) is expected to chalk up more than $30 million in sales this year, up 15 per
      505 words
    • Article
      Line adds fourth ship to Bangladesh route
      306 23  -  By JEAN FOONG MENG HORNG SHIPPING will boost its Singapore-Bangladesh service with a fourth vessel next month. There is also a possibility that this service could be extended to Bombay, Madras and Calcutta, said Mr S T Tan, its operations manager. The impending
      306 words
    • Article
      Lock icon Work resumes at Rotterdam
      123 23 Reuter ROTTERDAM'S two main grain terminals resumed work on Tuesday after a one-day stoppage as agreement was reached on a new pay deal and a major restructuring of the operating company, GEM. Managing director Dick Buhrmann said that after an all-night negotiating session, the two sides
      Reuter  -  123 words
    • Article
      Philippine Congress approves bill to aid shipping industry
      254 23  -  By AL O LABITA JR THE PHILIPPINE CONGRESS approved yesterday a widelybacked bill seeking to spur the development of the country's overseas shipping industry. Under the bill, the foreign exchange requirements for various items needed by the Philippine shipping enterprises shall be
      254 words
    • Article
      Med Club beefs up service with new schedule and vessels
      276 23 THE MED CLUB will enhance its current 10-day Mediterranean-Far East service to a fixed day weekly sailing in July. The service will be boosted by the addition of two vessels, the 1675-TEU Lloydiana and the 1446TEU Nippon tea by Lloyd
      276 words
    • Article, Illustration
      Hazy prospects for coal in Asia
      1135 24 Mixed bag of forecasts for imports THE BULK of the increase in Far East coal demand last year came from the major consumer*, Japanese demand for power confounded most expectatby growing 5.5 per cent, ing coal requirements, ail the signs indicating ir rates this
      1,135 words
    • Article, Illustration
      Lock icon Seattle building on-dock railyard
      259 24 Cargonews Asia THE PORT of Seattle has broken ground for the construction of a US$3.5 million on-dock intermodal railyard at its 52-hectare Terminal 18 on Elliot Bay. According to a port spokesperson, the new yard will be capable of accommodating 28 double-stack 40-ft or 45-ft container
      Cargonews Asia  -  259 words
    • Article
      Consortia
      160 24 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and member lines: '(Far East/Europe): VK ,T Line Korean Shipping Corporation (feptune Orient Lines Orient Overseas Container Line Sfe#-Yang Shipping ARfVD (Straits/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd filOoyd Lines Orient Lines
      160 words
    • Article
      Lock icon What Jakarta hopes from liberalisation
      614 24 Lloyd's Maritime Asia THE PREAMBLES to the decree ordering the Indonesian government's latest, sudden liberalisation of its shipping industries look like the usual bland and unimpeachable objectives any government would want for its shipping industry. In six points, the Jakarta government states that it wants
      Lloyd's Maritime Asia  -  614 words
    • Article
      Who acts for whom ...
      2261 24 Who acts for whom A B AB Shipping Boustaad Shpg Agencies <S) ABBS Line SMS PM LM (S)/Tun*s Saba (PK/KL) ABC Conteinerline NV Fargo Shpg Co (S). Accord Shpg Accord Shpg (SVAccord Container Line (PK/PN). Ahr*nki*t Liner Kim Shpg (S) Alfred C ToepMr Oceanua Shipping Agency (S)/Multiport Sdn Bhd (PK)
      2,261 words
    • Article
      Lock icon Port strike hurts India's revenues
      307 25 Reuter A SUCCESSFUL STRIKE by more than 300,000 Indian dockworkers, which ended last Sunday, affected about nine billion rupees (US$6OO million) worth of foreign trade, of which exports accounted for four billion (US$27O million), trade sources said. Spokesmen for the Port Trust said the revenue
      Reuter  -  307 words
    • Article
      London Freights
      819 25 DRY cargo freight chartering remained thin in ail areas of the market on Tuesday, although firmer time-charter rates continued to appear, brokers said. Business included a 103,000 tonner being booked from the Continent for a trans-Atlantic round voyage at a firm US$2O,OOO daily and a 32,000 tonner fetching
      819 words
    • Article
      SHIPPING LIST where your ships are due...and when
      6222 32 AARHUS Woensdrecht, Nor aaia Lina. April 27. M. Rotterdam. Maarak Una. April 27. London Expraaa. Triot. April 27(PK). Palembang o|asage(ri April 27/29. Oiu He. China Ocaan Shpg. April 27. Evar Garland. Evergreen. April 28 Ming Propitioua, Yang Ming. April 29 Villa de
      6,222 words
    • Article
      SHIPS IN PORT
      1328 34 AT CONVENTIONAL WHARVES VmmI B«r1 h Arrival 0«par1u KEPPEL WHARVES Arrow Prince CIO alongside 2704/1500 Blue Ocean 1 KI5 alongside 28.04/1500 Cherry K32 alongside 29 04/1500 Dong Zartna KI9 alongside 27 04/0600 Eastern Glory KI8 alongside 27 04/1800 Golden Haven K35 alongside 2804/1500 Ko Heng K30 alongside
      1,328 words
    • Article
      Lock icon Acomarit revamps operations Acomarit revamps operations
      256 34 Fairplay SHIPMANAGEMENT company Acomarit has recently been restructuring its operations. Last month, a new office was opened in Glasgow, Scotland. This followed on from the takeover of Lyle Ship Management in July 1987. With its headquarters in Geneva and another office in Hongkong, Acomarit
      Fairplay  -  256 words
    • Article
      Lock icon Swiss fleet in danger of near extinction
      276 34 Fairplay SWITZERLAND'S already very small national fleet is dwindling still further and is in danger of near extinction. In percentage terms, the contribution to the maritime sector made by Swiss-owned and flagged fleets is minimal. The Swiss-flagged fleet at the moment totals only
      Fairplay  -  276 words
    • Article
      Shipping events
      440 34 April 22-28 International Association of Ports and Harbours conference, Miami. Details: Port of Miami-lAPH, 1015 North America. Miami, Florida. April 25-27 Marine cargo liabilities, practical maritime studies seminar. Ramada Hotel 10 Berners St. London Wl. May 2 Shore testing of Type 23 propulsion plant, technical meeting, 1730 hrs,
      440 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      25 23 I fH| bps STP Distributors Lines and services represented by /*A Members of the Registry of Accredited (tm, Shipping Agents. Singapore National \V£ Shipping Association.
      25 words
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      Page 23 Advertisements Column 2
      595 23 THE SPECIALIST IN: Wire Rope Sfings Lashing INSIDE v V 11* I Itmr What's in More for coal trade THE BULK of the increase in Far East coal demand last year came from the major consumers. Japanese demand for power confounded moet expectations by growing 5.5 j per cent, boosting
      595 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1156 25 OOCL JAROINE SKIPPING AGENCIES 200 Canton*** to* #12 06 SoutHpo*!. S«n»on 08W r«t 22i«ni teiix no as win TERMINATES Tai *****11 220 BOOKINGS T«4 3208)4 235 KMKA JAROINE POUT HUANG Til XMIII Tatoa No. MA*****/MA3BJOI t■> i. I. 1.. ■UJnHPJH FUMW m 04W TtliX *0 wwn«s ill Utiilicatt'd h» C/MtM»y
      1,156 words
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      Page 25 Advertisements Column 2
      1249 25 MAERSK LINE DESTINATIONS MARfT M MARCHEN M LEISE M LOUIS M MARGRETHE M LARS M LAURA M REGINA M Thle MM Mart CY 1/5 2300 M CFS I* 1300 I MARIT M UARCHEN M LEISE M LOUS M MARGRETHE M LARS M LAURA M. RE GIN A M 9804 2/5
      1,249 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      825 26 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT EXPfIESS AMBURG EXPRESS SEINE ENALOER NAVON PPONCA JAY BAY P KELANG SOUTHAMPTON 17/5 20/5 8/5 23/5 5/6 13/5 30/5 20/5 6/6 21/6 27/6 12/6 3/6 20/6 HAMBURG BREMERHAVEN 18/5 20/5 AUOACCiPTIM CARGO TO: AIL UK INLANO DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG, MALMO. HELSINKI, OSLO, CONTAINER SERVICE
      825 words
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      Page 26 Advertisements Column 2
      466 26 COLUMBUS LINE REEDERE! GMBH A SERVICE QF HAMBURG-SUD >S S£MKOWTA*£F t C TAMAITAI SAMOA V-15N FORTHBANK V24N IVY BANK V-24N 'Um AccapUni Fa li Aatwwi SPOKE ROM/A'l In Pt 24/5 17/5 15/6 12/6 11/7 HBC HULL (UJL) a/5 12/6 1* 22/6 15/7 11/7 ji! -irij.'j.M:. v r.» .1* Lae, Ratuul.
      466 words
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      Page 26 Advertisements Column 3
      717 26 TO EUROPE (VIA FEEDER) WOENSORECHT VKOt-3 24/5 Si »JJ NORASIA MUBARAK VBO7-3 2/5 3/5 NORASIA AL-MANSOORAH VMM-310/5 li s i JAPAH SEA 009-3 li/5 l% $s aSJ?S?SS&* U K DWt,nJtWra (Aarhus, Bremen via Hamburg TO MEDITERRANEAN/RED SEA PEN PKL SIN PIR ALG/fi WOENSORECHT VUOS-3 24/5 25/4 27/4 14/5 11/5 NORASIA
      717 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      811 27 Steamers Maritime Holdings Ltd P&O Arnnt Containers STRAITS SHIPPING CONTAINER SERVICE TO UK CONTINENT CONTAINERSHIP SERVICES TO/FROM BANGKOK LONDON EXPRESS BONN EXPKSS NMMK EXPRESS KM VON wmmu OSAKA MY TOUGA BAT Pt CASUS PROGRESS VMM Pt CASUS PIONEER vm S*PONE B'KOK 30-01 Miy 0345 May BANGKOK BORNEO AGENCIES LTD. BANGKOK
      811 words
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      Page 27 Advertisements Column 2
      1210 27 TSkCHO VANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST'EUROPE FULLT CONTAINERISED SERVICE m MONTHLY LASH LINER SERVICE TO New York, Norfolk, Baltimore, Philadelphia Charleston, Savannah, New Orleans, Mobile Pascagoula, Houston, Galveston, Beaumont Camden, Jacksonville FROM: Port Sudan, Karachi, Jamnagar, Bombay Cochin, Madras, Calcutta, Chittagong to S'pore I Port Kelang VH. ■x
      1,210 words
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      461 28 mSINOSE m MARITIME PTE LTD ISLAMIC RIPUBLIC OF IRAN SHIPPING LINKS m IRAN ME LAO PJLBI Singapore Loading for:Sid BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA HIBISCUS V.36 KYOWA VIOtET V.2S LOAD FOR: VILA, NMA. LTK, SUVA, PAGO, APIA GUAM. SAIPAN, NRA, VILA. NMA. LTK. SVA. PAGO.
      461 words
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      Page 28 Advertisements Column 2
      576 28 HANJIN SHIPPING CO., LTD FROM EUROPE VIA SUEZ HANJIN OAKLAND Otli 5/4 6/4 CHOYANG SUCCESS OCE 12/4 13/4 HANJIN TONG HAE Ot7E 19/4 20/4 HANJIN ROTTERDAM 002E 26/4 27/4 H'burg B'haven FUom 4 9/4 IQ/4 14/4 16/4 17/4 21/4 23/4 24/4 2«/4 30/4 1/5 CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL
      576 words
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      Page 28 Advertisements Column 3
      263 28 INTEROCEAN UNE 78, 2nd Hoor, Mm 2/71, Taman Tun Or. In—M, MM KL. Tal: *****J4, *****94, *****26 TLX. NO. MA-37M3 FAX: 0»-7173t11 Panang Olt T«fc *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS LOADING FOR SYD. MELB. AD€ BRtS. FREM LE HVE. HBG. BREMEN. R DAM. GENOA. ANTWERP. UK PORTS
      263 words
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      Page 28 Advertisements Column 4
      1116 28 I m EVERGREEN Full Corns'ne' Servict Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GATHER EVER GOVERN 10/05 1105 IMB 1/05 UOS 7205 MOS n« W 2% SS SE S EVER GRAND 13« lt/ft 19/05 o;a S !K Z- 7 »1 ever grootth am am urn an o« «Si» ®S vw u£ So;
      1,116 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      724 29 K m w PACIFIC INTERNATIONAL LINES \v\ PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES SURABAYA/SEMARANG I BELAWAN/STRAITS VESSEL SKA GLORY SEA GLORY SEA QLORY VOY SIN BLW PEN PKL SM MM SLD IN PT 20/4 29/4 1/5 MM 1/5 4/5 5/5 0/5 1/5 MIS 0/0
      724 words
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      Page 29 Advertisements Column 2
      243 29 kkIMORBULK AjJMfr NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES y CON t men ®OP"S *0 INOIA OA"':S T AN »0 C 'S O'HEP SERVICES SPORE MARATHON UNITED AGENCY PTE LTD TEL 22MM* KUPK S P YEO SHPO 4 TRDQ KL 'W9M4 PK JM4IOI SABAH TRANSPAC KK TEL
      243 words
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      Page 29 Advertisements Column 3
      344 29 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT S'POM PKUU Lonion Ciprou 21* 2*4 Hwhiri Lirou 4ft %/i B«niMof 1W 12/S U Soino 12/5 tamo* 111 a/i Wpp—li i Mft Ouk< by Oli 22/S ToUfi li* W 34 HnMtarf Ciprou 2/t M AMI* Ifaru 1« 1M ■onto Rom 1*» Urpl*
      344 words
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      Page 29 Advertisements Column 4
      484 29 DJASAGETRI A Joint Europe Service Of: P.T. OJNMITA lira P.T. OESIHH LLOYD P.T. SMWKM IWOKSU P.T. TMKOM LIOTI EXPRESS SEMI CONTAINERSRIP SERVICES A I iLiii VSL/VOY KUTAI/17WB S. PANJANG/22 WB Roil Said Port Alexandria, Gonoa, Tri«sta ™^L££itl INC CONTAINERS. COtaNTIONAI CARGO VIA T/S TOUK TOTO. HULL, L£ HAVRE. OSLO, COPENHAGEN.
      484 words
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      Page 29 Advertisements Column 5
      342 29 BOUSTEAD SHIPPING AGENCIES "f PA-AN VI37W PAGAN VI4IW MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok BANK LINE £□301 nn NORTHBOUND TO UKC SPORE ROAM HMBG HULL TAMATAI SAMOA VISN In Pt 24/5 28/5 12/1 FORTHBANK V24N 17/5 15/1 19/6 22/1 IVY BANK V24N
      342 words
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      Page 30 Advertisements Column 1
      707 30 \NL Mi K LINE KAWASAKI K1 SI N KAISIIA. I I I). AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE VIA FEEDER VOY LB 21 25/3 VOY *INDO 'PK/PNG |SGP mm m amwrica FEEDER VESSEL VOY TRANSWORLD BRIDGE 47E NEPTUNE RUBY 3E
      707 words
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      Page 30 Advertisements Column 2
      63 30 NEW LINE No.l V 4/89 SWEE ANN SATU V 7/89 SANTOS V 2/89 4 ,«K GOLDENWAY MARITIME SDN. BHD. ETA ETD Loading For 11 V 4/89 W 10/5 Labuan/Miri *TU V7 6 /5 10/5 Kuching/Bmtulu/KK V 2/89 7/5 10/5 Tawau 6A, Lorong Cempemng, off, Jin. Berangan, Port Klang, *****, Selangor.
      63 words
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      Page 30 Advertisements Column 3
      411 30 AUSTRALIA EXPRESS CONTAINER SERVICE Acc*p«ng FCL/FCL Contain*™ s-nvor. MWmi Pmto, Loa** hr Ml IDAS y V ruisioAS MI ML I OAS 43 TULSIOAS *42 B, fmtm Br fmtm 11 May Sib, 5 May frwi/tMb/Sydn/AM I 1"* 26 Ma, F«MMMAM 31 Jww II Jim* Frw/M*/Sy*i/Adal n 21 Fram/IM>/Sr<ki/A<M "i II 4qn
      411 words
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      Page 30 Advertisements Column 4
      315 30 IN THE DARK. ABOUT YOUR SHIPMENT TO THE FAR EAST. LET US SHOW YOU THE WAY OUR GUARANTEED CONSOL NOW LOADING FOR... HONG KONG KEELUNG BUSAN YOKOHAMA TOKYO ETA 29/4 ETA 30/4 ETA 27/4 ETA 27/4 ETA 27/4 BOOK NOW! CALL CUSTOMER SERVICE AT *****11 (12 lines) *****55 (12 lines)
      315 words
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      Page 30 Advertisements Column 5
      544 30 to PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD "07-12 AFRO-ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 VESSEL iACT/FM EAST FCL ft LCL ETA SINGAPORE If •Hi MB." M■ <1 Iff i 1 i :a <il 1 Vrj ""I NEW CD* TRUST CMITTAGONG EACT/WEIT AfUCA/MB. FCL
      544 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      751 31 S pore IttPTUNI AGINCIS PTC. LTD. Bortwwj Soofcutu f( (IMMISr IPA/SIA mora rumtrvjl CFS n\2oa *****5J t NEPTUNE WQHL NIPtMI SONBHO EXPORT IMPORT »1,. in 'i I jti i.-Trrr: Ijll;/ VillV 'LV.'.'i,' nTTTTTTv J Mi JILH I 'vi t\l I FEEDER VSL N. Ivory 12N N. Emerald 08N N. Ivory
      751 words
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      Page 31 Advertisements Column 2
      183 31 to JE CONTAINER LINE f TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) AR EAST 3fi 3014 4 2/5 27/4 4 2/5 |2/S4 VS Bit ys g/54 *s 2f14 *5 T* 2E NEW ZEALAND/ AUSTRALIA m Kfl WrP 'in 3 NOW LOADING JAPAN NEW ZEALAND JE
      183 words
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      Page 31 Advertisements Column 3
      438 31 CO*am HEUNG-A SNIPPING Korean Flag Vessels SEM ■CONTAINER'S.:: OtOEC* SEPVCE *C c K E„4 N G PENA NG *> EE- U N G BJ'3 A 'i :N0 H 0 Vowel's Name ETD BS SPOKE PKLC KEE SUSAN MO JI NO I DON AM/VMM 11/04 2J-02/Q5 02-04/05 11-11/05 14-16/06 15/05 «ORAGNET/»4N
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      Page 31 Advertisements Column 4
      892 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office- *****41/2 CaWe Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** Ft VIANG p kELANC MAN[K ,C SYSTE CO SON BHD MEM#"*- ssgswuMßia T* *****1/*****1 Tl« MA *****
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      385 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. ftl m liHliH {14 |*M 1) FAX iuix us a/h s.si;ma. hs mwi a/h sscaij r DSR-LINES "cpaohT POS'OO i *LCA I ANT INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND 0. GftOTEWOHL VW RUEBELANO 4/88 E. THAELMANN 4/89
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      Page 32 Advertisements Column 2
      80 32 T.S.K. LINE weekly containerised service rvirn PIXEO OA' ARRIVAL EXPORTS TO TAIWAN JAPAN HAKUSAN II VS CONTINENT V2l KABUKI 21 HERMES ACE V7l HAKUSAN II W CONTINENT V 2? IMPORTS FROM JAPAN TAIWAN HAKUSAN II VS CONTINENT V2l KABUKI V2l HERMES ACE 71 HAKUSAN II W CONTINENT V 22 EXPORTS
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      144 32 Regional Wnrtbef V kv >a K w r J SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AM. April 27, IMS <V~t- -«h speed knoH W h^h W«cl mdi arc indicated by ffowl sfacfc Hy witfc tfce wmd On* hjl arde represents catm or kght and variable w*vh i_ On* haH
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      702 33 UNIPACIFIC TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX; *****76 j Q IRAQI LINE ao' S'STI 'SI »0« ■4«lT»«f T«*»s»0«T EAST BOUND SERVICE ETA S PORE LOADING FOR MV SINDBAD 5/5 S. Korea, Japan THROUGH 8/1* to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABAA BAGHDAD REEFER SPACE AVAILABLE UPTO
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      Page 33 Advertisements Column 2
      940 33 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE 6. HON KADI (BC*» 3/5 11/5 TIGER BAY (SN C/ 5 12/5 LUCVE OM 6/5 11/5 SUSAK 64N 7/5 12/5 A. GORCHAROV 07SW Iff f. STAROSTIN 07SI» 11fi TIGER BAY C7N 20/5 *ff LEUVE on 21ff 2Sff WW 21/5 28/5 VIETNAM
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      175 34 ROCO CARRIERS NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES ci n ,fw»i erV .l Ce 2 acc ®PA ing FCL containers (GP and reefer) and breakbulk cargo for both north and southbound. Heavylift capacity upto 60 tons. Vessel S'pore Penang T'ville Loading For "ANKE" VISB in Port Sailed 12/5 Townsville, Port Moresby
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      Page 34 Advertisements Column 2
      643 34 f Sfa '£■0 M ftsci QSKJLines JLtd CONNECTING AT ITO oouaiE stack tsa EXPORTS TO PSW s m ft BKi aaaaaaaa gSS ■rrrn aarjacirriri LL»JI*gJ L"..'||| iIDU EJETJUnTJf L'JfJ HHH 1111 ilg~3El LILILJIJUI Li—liOEJ r," iii i iiiZ3B Sg31'."" 1 1 ™nicaiaiE»3iE2eai PHH .ii .irrr~i aceaaaiaaa cancan-■■ mgpujDmaMra rm —f
      643 words