The Business Times, 9 March 1990

Total Pages: 40
1 40 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Friday March 9 1990 75*
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  • NEWS SUMMARY
    • 52 1 THE US yesterday strongly denied that President George Bush and Japanese Prime Minister Toshiki Kaifu discussed specific trade issues at last week's summit meeting. "Nor did the President and Prime Minister exchange views of any specific Japanese structural issues," the US embassy in
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    • 46 1 JAPANESE and US industry associations unveiled measures yesterday to improve foreign access to the Japanese semiconductor market. The plans were adopted after nine months of talks between the Electronic Industries Association of Japan and the Semiconductor Industry Association of the United States.
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    • 26 1 RIDING ON the booming rental market for condominiums, developer Malayan Credit Ltd is going after expatriates in a big way Page 2
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    • 22 1 LEADING Indonesian businessman Liem Sioe Liong plans to pull out of a troubled giant steel venture Page 7
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    • 28 1 THE US has 70 per cent of the world's computer software market but could lose its lead, according to a congressional study Page 8
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    • 28 1 MOST West Germans want Chancellor Helmut Kohl to slow the pace of German reunification. They fear that it will harm their living standards Page 9
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    • 29 1 THE TIMES of London feels that with the possible exception of Robert Dc Niro, France's Gerard Depardieu is 'the greatest screen actor in the world' Page 15
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    • 31 1 SHAPADU KONTENA, a Malaysian haulage company on the expansion trail, expects to launch its air freight service by the middle of this year. Shipping Times Page One
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  • MARKETS SUMMARY
    • 38 1 US SHARE PRICES opened mixed, but blue chips quickly turned higher in early trading yesterday. The market was supported by strength in bond prices and in the dollar. The Dow rose about six to 2,676.
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    • 30 1 SHARE prices were higher at mid-day yesterday. At about noon (1200 GMT), the Financial Times-Stock Exchange 100-sharc index was 18.7 points, or 0.8 per cent, higher at 2,249.2.
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    • 41 1 PACIFIC CAN Investment Holdings, the new entity created out of the assets of troubled Malayan Tin Printing, is planning to expand some of its production facilities overseas to be nearer to its customers' home base Page 3
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    • 30 1 ELDERS IXL Ltd is to sell or distribute to shareholders its non-brewing assets in order to become a brewing company renamed Foster's Brewing Group Ltd Page 4
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    • 24 1 MALAYSIA'S interbank interest rates have risen across the board since Monday following aggressive borrowing by the central bank Page 6
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    • 21 1 Exchange rates USS SSI.8725 Yen S$ 1.***** MS SS0.6921 Money market rates Overnight 5 3/4 -1/8 3-montn 6 1/8 -1/16
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    • 37 1 London Gold AM fix US$401.40 -US$1.20 Rubber S'porc Apr.... 160.75'/kg -I M'sia Apr M2l4 4 /kg -0.5 KL Tin Turnover 47 tonnes -120 Spot M$l6.82/kg -0.27 Crude palm oil Turnover 693 lots -935 Mar M$700/tonnc -9
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    • Article, Illustration
      30 1 Thursday Change BT-MGA 786.82 4-4.60 Kuala Lumpur ..3073.51 +16.75 Hongkong 2915.73 -10.72 Tokyo *****.89 +328 55 Sydney 1570.5 -12.6 Wednesday Change New York 2669.59 -7.21 London 2230.3 +14.3
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  • 476 1  -  By Rosie Tan STOCKBROKING FIRM Ong Co Ptc Ltd has started imposing restrictions on the purchase of shares quoted on Singapore's popular over-the-countcr market Clob International, which is guaranteed to lead to much unhappincss amongst its dealers, remisiers and clicnts. In a circular
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  • 438 1  -  By Lee Han Shih A DEAL struck earlier this week has consolidated all the former RJR Nabisco's biscuits and snacks operations in the Asia-Pacific into a new regional giant with an annual sale of US$4OO million and headquartered in Singapore. Arranged by former Nabisco
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  • 339 1 Agencies FIRST Deputy Prime Minister Goh Chok Tong, the named successor to Prime Minister Lee Kuan Yew, yesterday said he intends to build upon the achievements of the prime ministers of Malaysia and Singapore to pave the way for strengthened bilateral ties. Mr Goh said
    Agencies  -  339 words
  • 357 1  -  By Suzanne Soh SOME FROWNED, some took a while to get used to it, but most readers welcomed the new look that BT unveiled on March 1. A brighter, neater paper with an international look about it, rather like UK's Financial Times, was
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  • 460 1 AFP CENTRAL BANKERS from the US and West Germany appeared to be at odds yesterday over the future direction of exchange rates following the dollar's ascent against major currencies. Manuel Johnson, vicechairman of the US Federal Reserve Board, told a news
    AFP  -  460 words
  • Page 1 Advertisements
    • 260 1 K&* I art 70 I WEAR. I CO-OPS' FUTURE UNCERTAIN 10 TOKYO TO PUT HOUSE IN ORDER 11 BALANCING TWO RIVALGOALS 12 Aircraft Schedule 23 Money Changer Rates 23 World Stock Markets 20 Broker rates 21 Regional News 4 Commodities 22 Regional Stock Marketsl9 For market indices, editorial. Cryptic Crossword
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    • 85 1 I HlF'U'jP© o I Quadruple Zoom+Auto Two-Color. J BALLY of Switzerland •CE5S2q2?Sha» Centre Bo*v Boutique Sowes C ty Bony Boutique Royal HoWav kn r S*oe Co Chan-oi Branches Smgaoc-e Datmqru Dnen Bout que Euro Shoe c .hoc S> Hv-jnch 8> Branches jet V\md Department Store Le CkKSique Branch Me*wor 8.
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  • HOME NEWS
    • NEWS ROUNDUP
      • 77 2 DIGITAL EQUIPMENT Corporation will invest $13 million in a regional finance centre in Singapore over the next three years. The 550 sq m centre will serve the Far East market, and will act as a showcase of Digital's computing solutions, as well as application
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      • 63 2 THE Singapore Manufacturers' Association is organising a Business Development Delegation to visit Penang between April 4 and 7. Businessmen on the mission can explore joint ventures, investment and other forms of business cooperation with companies in Penang. They can also study the investment climate on the Malaysian
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      • 66 2 ENVIRONMENTAL care and hygiene services company Initial Services yesterday announced the launch of a training programme aimed at raising the standard of hygiene in Singapore hospitals. The "Proclean Training Programme" involves hospital housekeeping and cleaning staff in Singapore, and is approved by the Skills Development Fund.
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      • 67 2 THE VOCATIONAL and Industrial Training Board and eleven other training institutions and Approved Training Centres will participate in the first Joint Intake Exercise for GCE 'O' level school leavers this year. Together, they will offer 3,600 training places and 29 courses scheduled to commence in June/July.
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      • 100 2 APPLE SINGAPORE has announced price cuts of between 20 and 32 per cent for its line of personal computers, the Macintosh SE and Macintosh Plus family. This move is in line with the recent price reductions announced by Apple Computer Inc in the US for
        100 words
      • 43 2 THE CONSTRUCTION Industry Development Board says Mr Chow Kok Fong, who is joining Guthrie GTS to head its engineering and retrofitting divisions, remains general manager of the board until his last day of service on March 31.
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    • 400 2  -  By Lee Han Shih RIDING on the booming rental market for condominiums, developer Malayan Credit Ltd (MCL) is going after the expatriates in a big way. Most of its projects are currently targeted for the rental market, the upmarket end of
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    • 271 2 EXPATRIATES in Singapore were harder hit by price rises than their local counterparts last year. The increase in what they paid for goods and services was more than three times the rise in prices faced by the average Singaporean over a one-year period. The December
      271 words
    • 116 2 COUNTRIES in this region can right the imbalances in the flow of communication by making more effective use of today's technology. Parliamentary Secretary (Foreign Affairs) Mr Yatiman Yusof, declaring open the 6th World Communication Forum yesterday, said any discussion of imbalances in international communication should consider the
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    • 258 2  -  By Yong Pow Ang SENIOR officials of the Asia Pacific Economic Cooperation (Apec) have agreed to work on six projects for the benefit of its 12 member countries. But the issue of the participation of China,. Taiwan and Hongkong in the new regional
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    • 221 2 BEING ABLE to get in and out of tight corners is most probably Robopile 2000's best asset. The first locally-devel-oped construction robot can squeeze through a narrow doorway and do piling work in areas as small as 6 sq m. The robot weighs about 1.7
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  • Page 2 Advertisements
    • 142 2 -uVSK If you're a Royal First Class or Royal Executive Class passenger in transit at Thai's Royal Executive Class lounge in Bangkok you II find that whtling the time away becomes so much more pleasant. *99° Here you can re l a x ,n total comfort, in the spacious surroundings
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 265 3 Other indices Close Previous Net change Mar 8 Mar 7 BTXompositc 1373.14 1366.62 +6.52 BTiMGA 786.82 782.22 1-4.60 ST. Industrials >575.98 .568 93 +7.05 BT OB/OS -'53 -76 -7/ BTCADI -5328 -5347 +9 BT 10-dav MA -5332 -5317 BTOBV +*****48 +*****21 +***** ST financc 2644.93 2 +1.37
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    • COMPANY BRIEFS
      • 60 3 UMW HOLDINGS, which has not paid dividends since 1984, may declare one this year. The group is confident of meeting its forecast profit of M$ 123.4 million following encouraging sales from its heavy equipment and motor divisions. "It will be difficult not to' project a
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      • 43 3 SIME UEP Properties Bhd's additional 106,250 new shares of Msl each arising from the conversion of 106,250 9.5 per cent convertible cumulative preference shares will be granted a listing and quotation on the KLSE from March 13.
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      • 66 3 MWE HOLDINGS Bhd will pay a final dividend of 6 per cent for the year ended Dec 31, 1989, a company spokesman said. MWE Holdings reported an increased group pre-tax profit of MSB.BI million for the period under review, up by 57 per cent
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      • 62 3 AGRICULTURAL chemicals and herbicide manufacturer Ancom Bhd, which is seeking a listing on the Kuala Lumpur Stock Exchange on March 29, has achieved a group profit of M 53.3 million for the nine months ended Feb 28. "The result was right on target," said its
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      • 59 3 DR CHAN CHIN CHEUNG has disposed of a total of 35b,000 shares in Renong Bhd between Feb 20 and Feb 23. E£was stated in the Form 298 (Companies Act, 1965) that vwth the sale of the shares, which were registered under Ehvang and Company Sdn Bhd,
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    • 277 3 Bernama BOUSTEAD HOLDINGS Bhd has reported a more than 50 per cent drop in group pre-tax profit to M 520.41 million for the six months ended Dec 31, 1989, from $41.83 million in the 1988 corresponding period. Boustead, in releasing its interim
      Bernama  -  277 words
    • 137 3 DBS BANK has requested its shares be suspended from trading today pending the release of its results for the year ended Dec 31, 1989. DBS will be the first of the Big Four banks to announce year-end results. Analysts have predicted the
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    • 441 3 THE HOCK LOCK SIEW COLUMN SELANGOR Properties has suddenly oa'ight the market's fancy these past Jays, churning up large volumes over past three days. The activity appears to be fuelled by Both fundamental and speculative elerWnts. •-The talk is that
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    • 491 3  -  By William Chia PACIFIC CAN Investment Holdings (PCI), the new entity created out of the assets of the troubled Malaya Tin Printing Co (MTP), is planning to move some of its production facilities overseas to be nearer to its customers' home base.
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    • 356 3  -  By Conrad Raj HIGHER DUTY free sales and increased exports have helped to offset the decline in domestic sales caused by various anti-smoking campaigns and government legislation at cigarette manufacturers Rothmans Industries Ltd. Group profit after tax and minority interest at $17.91 million for
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    • 246 3 FOCAL FINANCE, the result of a merger between International Trust Financc and Forward Overseas Credit Ltd last January, has reported a 5.49 per cent drop in after-tax profit to $2.70 million for the year ended Dec 31, 1989. Focal more than doubled gross operating
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  • Page 3 Advertisements
    • 245 3 AIOT AT SHftATON IITTIC THINGS MIAN A lOT AT SHfIATON UTTIJ THINGS MIAN A lOT AT (g) m z < m m m > o z X We have recently renovated our t 2 Meet us ii conference venues, giving you a choice of 4 different conference areas. These RFFORF
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  • REGIONAL COMPANY NEWS
    • 187 4 Hunurvuwvi IndkM Close Open High Low Volume Change Hang Scn( Index 2,915 2,926 2.927 2,906 -II Hang Seng Spot 2.943 2,948 2,950 2,927 232 Close Previous Net Chasge Mar 8 Mar 7 Hang Seng Financc 2.039.20 2.057.17 -17.97 Hang Seng Utilit.es 3,654.60 3.657.57 -2.97 Hang Seng Property
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    • 475 4 AFP AUSTRALIA'S second largest company, Elders IXL Ltd, has announced a major restructuring plan to sell-off all but its brewing assets and change its name to that of its famous beer Foster's. Elders IXL said in Melbourne yesterday that it would sell its
      AFP  -  475 words
    • 368 4 MBT MALAYSIA made it to the world's top 10 national stock markets list last year in terms of percentage gain, according to Morgan Stanley Capital International's country indexes. An article in USA Today said Malaysia was in ninth position with a 52.6 per
      MBT  -  368 words
    • 175 4 Reuter MALAYSIA'S PROJEK Lebuhraya Utara-Selatan (PLUS), an associate of United Engineers Malaysia, has awarded a M$ 145.5 million road-works contract to a group of Indonesian and local firms. Konsorsium Citra Kontraktor Nusantara, a group of six Indonesian firms, will build a 20-km dual carriageway, two interchanges
      Reuter  -  175 words
    • 143 4 Reuter TOYOTA Motor Corp, Japan's biggest carmaker, is aiming for a bigger slice of the West European car market, the world's largest. It hoped to raise its share to 5 per cent by the end of the century from a current 3 per cent, Toyota said in Geneva
      Reuter  -  143 words
    • COMPANY BRIEFS
      • 110 4 TOP HONGKONG property concern Hongkong Land foldings Ltd has agreed to set up a joint venture with two Jfliai partners aimed at seeking commercial property investro<*nts mainly in Bangkok. The joint-venture, Land One Ltd, to be formed with Italthai Holdings Co Ltd
        110 words
      • 59 4 PT PUDJIADI Sons Estates Ltd the owner of the Jakarta Tower Hotel, the Cisarua Mountain Hometel Resort in West Java and the Anyer Beach Hometel Report in West Java will float two million shares, or 14.8 -per cent, of its common stock on the Jakarta
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      • 73 4 NISSAN Motor Deutschland GmbH, a unit of Nissan Motor Co Ltd, is studying the feasibility of setting up maintenance and repair facilities in Eastern Europe, a company spokeswoman said. It will finish the study by the second or third quarter of this year. Nissan vehicle sales
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      • 81 4 AUTOPARTS maker Koito Manufacturing Co Ltd said it asked that a lawsuit filed against it by Texas investor T Boone Pickens be dismissed. Mr Pickens filed the suit in late December after being barred from access to Koito's books for the years from April
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  • Page 4 Advertisements
    • 253 4 c< tl o How do you t follow a leader like j the HP LaserJet II? I t s I r Introducing the HP LaserJet lE. COME TO OUR FREE SEMINARS At the Sheraton Towers on 14th and 15th March 1990. SESSION 1 "The HP LaserJet 111. A Revolution on
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  • INTERNATIONAL COMPANY NEWS
    • 393 5 Pathe to buy MGM/UA for US$ l. 2b NYT PATHE Communications Corp has agreed to acquire MGM/UA Communications Co, the film and television studio controlled by the financier Kirk Kerkorian, for US$l.2 billion. deal comes five •injnths after the collapse of ua<plan for MGM/UA to be to Qintex Group of
      NYT  -  393 words
    • 443 5 Reuter LONRHO pic, headed by 1 "Tiny" Rowland, is seeking substantial damages over what it says was harm done •-to the company in its failed .1-takeover bid for stores group H/?use 0 f Fraser, parent of j London's Harrods department store. The UK
      Reuter  -  443 words
    • 306 5 FT BRITISH GAS plans to spend C$ I. I billion on the purchase of Consumers Gas, Canada's largest natural gas distributor, in what will be its biggest acquisition since privatisation in 1986. The proposed deal, which has to jump some potentially
      FT  -  306 words
    • 191 5 NYT SEVEN MONTHS after soliciting bids for all or part of the company, Hilton Hotels Corp has rejected two acquisition proposals and said it now intended to remain independent. It did not provide any details of the offers it rejected. A number of potential
      NYT  -  191 words
    • 90 5 NEW YORK Indices Clow Previous Net Chaafr Dow Jones 2,669.59 2,676.8 -7.21 NYSE Composite 185.77 186.17 -0.40 Standard Poor s 500 336.95 337.93 -0.98 Turnover (nearest *000) 164,000 144,000 +20,000 LONDON Financial Times 30 1,757.0 1,745.7 +11.3 FTSE 100 2,230.3 2,216.0 +14.3 Turnover (nearest'000) 415,000 404,000 +11,000
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    • 83 5 SHEARSON LEHMAN Hutton-Inc will lay off about 20 per cent of its highly-paid investment banking division by the end of next week in an overhaul of the Wall Street firm, executives said on Wednesday. The reductions are part of 2,000 layoffs Shearson announced last
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    • 63 5 SWISS AUTHORITIES are investigating possible insider trading in Rorer Group Inc before it announced merger talks with Rhone-Poulenc in January, a Justice Ministry spokeswoman said. Acting on a request for legal assistance from the US Securities and Exchange Commission, the Justice Ministry has asked the cantons
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    • 57 5 McDONALD's Corp is planning to further expand its fast-food empire in Eastern Europe. "We've been in Eastern Europe, so we're not reacting to recent political developments there," McDonald's spokesman Chuck Ebeling said on Wednesday. "East Germany and Czechoslovakia are likely for the next step
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  • Page 5 Advertisements
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    • 128 5 j? f i& wk 9Vi& tb sa\ >unng morsels of cooked, fresh lobsters, it s lobsters raw. Eaten as is, the taste of its I naturally sweet flesh is brought out to .v perfection, heightened only by flavourful o Japanese Sauces. Ask for Lobster Sashimi and you'll not A only
      128 words

  • FINANCIAL NEWS
    • SMALL CHANGE
      • 49 6 WARDLEY Holdings Ltd, the wholly-owned merchant banking arm of Hongkong and Shanghai Banking Corp Ltd, posted a 10-per-cent net profit rise for 1989 to HK5521.7 million from HK5473.2 million in 1988. Wardley paid HK$37O million in dividends to its parent, Hongkongßank.
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      • 88 6 CANADA'S Royal Trust Co reported a 25 per cent rise in net income to C 5265 million for 1989, while earnings per share rose 15 cents to C 51.66 from C 51.44 the previous year. Total balance sheet assets rose to C 539.8 billion as
        88 words
      • 64 6 JAPANESE life insurance companies have decided to disclose more details of their operating accounts in a move aimed at paving the way for direct participation in the banking and brokerage businesses from which they are currently barred. Assets of the 25 Japanese life insurance companies
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      • 54 6 EAST Germany's first commercial bank will open on April 1 as part of moves towards a market economy. The new Deutsche Kreditbank AG, initially to be owned by state-con-trolled firms, will take over the central bank's role in financing industry, as well as providing banking
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      • 35 6 DUTCH NMB Postbank Groep is setting up a banking joint venture in Indonesia, the first Dutch bank to be granted a licence after the recent relaxation of Indonesian banking regulations.
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    • 387 6 Reuter MALAYSIA'S interbank interest rates have risen across the board since Monday following aggressive borrowing by the central bank, dealers said. Intervention by the central bank, Bank Negara, pushed rates up by about 0.4 percentage point across the board since early this week
      Reuter  -  387 words
    • 341 6  -  By Soh Tiang Keng THE Leasing Association of Singapore (LAS), while welcoming the simplified tax guidelines for financial leasing proposed in the Budget, has expressed some reservation about the practical implementation aspects. The concern centres on how to determine the market value of a
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    • 138 6 Reuter TAIWAN'S Central Bank may soon relax its current tight monetary policy by injecting billions of Taiwanese dollars into the banking system for short-term loans to small businessmen, a senior central bank official said. The Central Bank may repurchase short-term instruments from banks, including certificates
      Reuter  -  138 words
  • Page 6 Advertisements
    • 259 6 /S This announcement appears as a matter of record onty P.T. BANK UMUM NASIONAL U5515,000,000 REVOLVING CREDIT FACILITY Arranged by ifwfe ASEAN FINANCE CORPORATION LIMITED lAFCI NDC MERCHANT BANK LTD Mt3TW4KT BAWK Participating banks The Fuji Bank, Limited. Singapore Branch The Mitsubishi Bank, Limited, Singapore Branch ASEAN Finance Corporation Limited
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  • Page 6 Miscellaneous

  • THE REGION
    • 339 7 AFP Reuter INDONESIA'S leading businessman, Liem Sioe Liong, plans to pull out of a troubled giant steel plant which he set up with the government and a Luxembourgbased company in 1983, according to press reports yesterday. The Indonesian government was considering
      AFP; Reuter  -  339 words
    • 413 7 AP THE PHILIPPINES, host to six US military bases, should play an active role in helping shape the post-Cold War security arrangements in South-east Asia, says Manila's ambassador to Malaysia. In a report to the Philippine Department of Foreign Affairs obtained by a news
      AP  -  413 words
    • 241 7 MBT THE Malaysian cconomy is slowing down in pacc with the world cconomy but the decline is gradual and within control. This shows that the foundations of the nation's economy have been and are still strong, said Bank Buruh executive director Tan Sri R V
      MBT  -  241 words
    • 245 7 Reuter THAILAND'S new central bank governor has placed priority on deregulating and liberalising the country's foreign exchange controls. Mr Chavalit Thanachanan, named on Tuesday to succeed Kamchorn Sathirakul who was sacked by Finance Minister Pramual Sabhavasu, expects the Finance Minister to heed
      Reuter  -  245 words
    • NOTE BOOK
      • 88 7 AFP THAI PRIME MINISTER Chatichai Choonhavan left Bangkok on Wednesday for a six-day tour of Belgium, Denmark. Italy and Britain. A Thai government spokesman in Bangkok said Mr Chatichai would be briefing representatives ot the European Community (EC) and "sound out" their opinions on
        AFP  -  88 words
      • 85 7 AFP A SOVIET DELEGATION led by Deputy Prime Minister Vladimir Gusev was in Hanoi for talks with Vietnamese leaders. The Vietnamese Communist Party's Nhan Dan newspaper said on Wednesday that Mr Gusev met Vietnamese party chief Nguyen Van Linh and Foreign Minister Nguyen Co Thach
        AFP  -  85 words
      • 73 7 AFP VIETNAM is continuing to wage cross-border skirmishes .vith China in spite of the resumption of border trade between the two countries, a pro-Beijing newspaper reported in Hongkong yesterday. Ta Kung Pao, quoting a Guangzhou-based military official, said Vietnam took advantage of reopened boidei trade to
        AFP  -  73 words
      • 69 7 Reuter AUSTRALIAN PRIME MINISTER Bob Hawke, officially launching his Labor Party's bid for a record fourth successive term, yesterday told his countrymen that they must be realisr tic and work hard to improve the econoiry. "No longer content to be the lucky country, Australia must become
        Reuter  -  69 words
      • 93 7 AFP TONGA'S king wants to stop selling his country's passports to the middle classes and now wants them sold only to milionaires. The Times of Tonga reported yesterday that King Taufa'ahau Tupou IV said that he had decided to "more or less discontinue the sale of
        AFP  -  93 words
      • 96 7 Reuter NEW ZEALAND'S conservative opposition National Party extended its lead to 19 percentage points over the governing Labour Party, according to the latest New Zealand HeraldNational Research Bureau opinion poll. Among committed voters, National had 54 per cent support against Labour's 35. per cent. In
        Reuter  -  96 words
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  • THE WORLD 1
    • 365 8 AP THE United States has 70 per cent of the world's computer software market but could lose its lead without better legal protection as other countries develop their software, a congressional study says. With continued innovation, the United States can keep outshining its foreign competitors, the
      AP  -  365 words
    • 403 8 Reuter THE US Agriculture Secretary opened the door on Wednesday to increased US subsidies and credits for food exports to the Eastern bloc as relations improve and competition for markets increases. In an interview, Secretary Clayton Yeutter also said the US is unlikely to
      Reuter  -  403 words
    • 160 8 Reuter CURBS on exports of hightechnology US goods to Eastern Europe are expected to be cased significantly in the future, a Senate banking subcommittee has been told. The subcommittee is considering renewal of the Export Administration Act, which limits high-tech
      Reuter  -  160 words
    • 260 8 Reuter SOUTH KOREAN President Roh Tac-Woo's government is pushing for drastic land reform for the sake of the have-nots despite strong resistance from the nation's haves. Critics argue however that the reforms arc not strong enough to assure an equitable distribution of
      Reuter  -  260 words
    • 164 8 NYT CHINA has expressed deep concern over political battles in Taiwan that are taking place in advance of the presidential election there later this month, and strongly condemned the governing Nationalist Party for "creating political and social instabili- ty" The Chinese statement, made on
      NYT  -  164 words
    • 371 9 Reuter THE European Community's steel industry has regained its competitive edge after a major restructuring and the surviving companies should be able to take care of themselves, according to the European Commission. The modernisation drive, which involved huge job losses, had restored productivity
      Reuter  -  371 words
    • 130 9 AFP A WEST GERMAN parliamentary commission has asked Defence Minister Gerhard Stoltenberg to consider pulling out of the US$35 billion European Fighter Aircraft project. The money saved by withdrawing could then go towards the cost of German reunification, said a spokesman for
      AFP  -  130 words
    • 416 9 Reuter HONDA MOTORS Europe has said that nothing is stopping European carmakers from selling their products in Japan, but duties and quotas are impeding Japanese sales in Europe. "There are no obstacles (on Europeans into Japan)," said Osamu lida, president of
      Reuter  -  416 words
    • 306 9 Reuter MOST WEST GERMANS want Chancellor Helmut Kohl to slow down the rush to German unification because of fears that it will harm their high living standards. Just two months after Germans from both sides of the border celebrated New Year atop the Berlin
      Reuter  -  306 words
    • WORLD WATCH
      • 89 9 Reuter FRANCE is expected to continue to enjoy moderate growth with subdued inflation in the first half of this year, although the trade deficit will remain large and increased company borrowing could be a cause for future concern. The French National Statistics Institute
        Reuter  -  89 words
      • 68 9 Reuter TURKEY is prepared to scrap all customs barriers to imports from the European Community before achieving its goal of joining the bloc. A source at the EC Commission said on Wednesday that Ankara's readiness to create a customs union with the 12-nation EC was
        Reuter  -  68 words
      • 68 9 Reuter MINISTERS of the six European Free Trade Association (Efta) nations will meet next month to review talks on closer ties with the European Community. An Efta spokesman said the group's foreign trade ministers would meet in Geneva on April 3 to determine their strategy following
        Reuter  -  68 words
      • 65 9 AFP THE MOROCCAN GOVERNMENT has started drawing up an austerity plan which will probably lead to a new finance Act amending the 1990 budget. A source in Rabat said on Wednesday that ministers had already prepared a list of cost-cutting administrative moves since King Hassan 11
        AFP  -  65 words
      • 64 9 AFP THE YUGOSLAV GOVERNMENT is preparing fiscal reforms that will include the introduction of a profit tax, income tax and value added tax. The state Tanjug news agency said on Wednesday that the reforms would be carried out in three stages, with the aim from this
        AFP  -  64 words
      • 65 9 Reuter ANTI-APARTHEID PRESSURE has pushed a second South African tribal homeland into chaos, drawing a warning from President FWDe KJerk that a nationwide state of emergency may have to remain in force. Police said 14 people died on Wednesday in the fragmented homeland of
        Reuter  -  65 words
      • 42 9 AFP BUSINESS SECTORS previously reserved for Nigerians are being opened to foreigners provided they are prepared to invest at least 20 million naira (US$2.5 million), Industry Minister Mohammed Yahaya told a manufacturers' association meeting in Lagos on Wednesday. AFP
        AFP  -  42 words
  • Page 8 Advertisements
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      379 words
    • 203 8 I&oittty yfaltOK 9-31 MARCH 1990 ani jf(N/|f^ Our H sivasc J tion bound to i r >re*s. j or our fresh seafood sal K 'Can W todi mare the ever-far k us W* I rone soup Zuppa d rtxJ nil'. I elicious pasta -fofcjMwl tC i >onara sumptuov weal than
      203 words

  • Page 9 Advertisements
    • 186 9 111 I I tfifi <2 1: I t *f I- I i __j w i THE SSS RETURNS. f w V. Xfc i ■*£< .|A. > t .V? Y'« w < > < idrtu..- V* i s# INTRODUCING THE NEW BLUEBIRD HARDTOP SSS-X. 16-valve, twincam, 135 hp engine From the
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  • 475 10 EDITORIAL DISTANCE lends not just enchantment, but often a dispassionate clarity, to the view. "We should always carry in our minds the image of the earth as seen from space," Tommy Koh. Singapore's Ambassador to the US, told the preparatory committee ot the
    475 words
  • WHAT THE OTHERS SAY
    • 245 10 THE CULTURAL MONTHS, as part of the nation's anniversary celebration package, should be more than just festivals giving the old a sense of nostalgia and the young a better knowledge of their own culture. It is also a good time for each community to re-evaluate how effectively the
      245 words
    • 116 10 THE CHOICE of Professor Tommy Koh as head of the international conference on environmental pro- tection owes as much to his track record in chairing the Law of the Sea Conference as to the support of our Asean friends. It is a statement, and recognition, of our success
      116 words
    • 104 10 THE PRESENT STRATEGY of the US is to change the Japanese market structure completely. The Liberal Democratic Party, though conservative in outlook, will make use of such "foreign pressure" to force the ultra-conservatives within the country to face reality. Let Mr Kaifu satisfy the need for reform,
      104 words
  • REGIONAL VIEWPOINTS
    • 131 10 AFTER giving notice to the timber industry as early as September of its intention to impose a levy on the exports of various types of sawn timber from Peninsula Malaysia, in a move to promote downstream industries, it is to be hoped that the government is now
      131 words
    • 162 10 WHEN HE RISES to deliver his Budget address today, the Financial Secretary, Sir Piers Jacobs, will survey a much changed economic landscape compared with his vision of a year ago. Hongkong was due for an adjustment, after years of overheated growth that brought their own problems especially
      162 words
    • 143 10 THE SACKING of Bank of Thailand governor Kamchorn Sathirakul yesterday was not as surprising as it was deplorable. Whatever it may be, the appointment ot Thanachanan Chavalit may be the turning point for the better at the central bank, where morale has been low and
      143 words
  • 855 10  -  As new hope is placed on the multitude of cooperatives in Indonesia, long the buttress of rural folk, John Murray Brown takes a hard look at where these institutions are going. John Murray Brown FT Buried deep in the pages of the Indonesian constitution is a
    FT  -  855 words
  • Page 10 Advertisements
    • 175 10 Visit The Oriental, Singapore for a taste of traditional British cooking. THE ORIENTAL SINGAPORE If you find yourself reminiscing about Bubble and Squeak and Lancashire bangers and mash, roast beef and hot pot with traditional condiments shepherds pie, you'll be delighted like chutneys, mustards and relishes to hear that The
      175 words
  • Page 10 Miscellaneous
    • 42 10 DOONESBURY SOYOUREOUTOF I BESIDES, TOUCH WITH POP' I INTO THE- MUSIC, VOU6OTTA 60 PCIH McratrrNFV* I FORGET THE CUTE 316 PEAL' THE LISTW TO TT! MHENMSIHEIAST VJASHt ONE'ANP MUSIC POE6N7 TIME XXJ UJENTTO A ODNCEKT* THESMART PONTTiOU <.AW&&TSELF VEMHi MOPHEAP* PATRONIZE 'W
      42 words

  • ANALYSIS
    • 706 11  -  The hard-liners are making things extremely difficult for businesses in China, threatening to knock the economy back by a few decades. William Kazer finds out how this has affected one state-run company. William Kazer Reuter CHINA'S hard-line communist rule's have denounced jwners
      Reuter  -  706 words
    • 775 11  -  It seems Japan is not as ready to take the driver's seat in international affairs as previously assumed. Linda Sieg explains. Linda sieg Reuter A HOST of economic and political problems are forcing Japan to turn inwards after a short-lived flirtation with
      Reuter  -  775 words
  • Page 11 Advertisements
    • 215 11 HENDERSON INDUSTRIAL PARK NEW PHASE WAREHOUSE TORY/ mMmMm A distinguished design, with excellent features to make this new phase another choicest investment iMßsaflSsiiip&Ofi cSfflEii. |i g Flatted factory comprising 46 factory units (from 2000 to 5500 sq ft) and four jßftrtteJ IhJ Jqj 5 Egm t Big® Jl liffl warehouse
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  • FOCUS
    • 902 12 IN 1985, after Singapore had long decided to phase out all guest workers by 1991, a panel at a human resources conference threw up the stark truth: foreign workers are here to stay, especially if the Republic aspires to become a high-technologi-cal society by the turn
      902 words
    • 646 12  -  The latest change in the foreign worker policy reflects a need to maintain the economic momentum. Anna Teo reports. Anna Teo WORK permits were introduced in the mid--1960s for foreigners earning less than $750 a month to control the number of unskilled
      646 words
  • Page 12 Advertisements
    • 281 12 ft* -I r f';A r* :A^\ itn -prj;, m r *ir. mw rf m J, !> 'V' 5r,Z1??> '>Sr V s v t Vv--J *Wh .->'*:•• f»\'iA Ki*u-4m t&£ <* «6 >• j V/ s?>& >?><** 3J* aT*-' >-r <- -Jr P"P- <, JwE^g-' > 4 P5" v Some companies
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  • SPORTS
    • 176 13 AP JENNIFER CAPRIATI upset 15th-seeded Claudia Porwik of West Germany 7-5, 0-6, 6-2 at the Virginia Slims of Florida on Wednesday for her second straight professional tennis victory. Seven seeded players advanced, but South African Amanda Coetzer beat No 16 Sylvia Hanika 6-1, 2-6, 6-2.
      AP  -  176 words
    • 337 13 AP BORIS BECKER rallied from a 4-2 deficit in the opening set to down Javier Sanchez 7-6 (7-4), 6-3 in their second-round match in the US$ 1 million Champions Cup in Indian Wells. Becker, the top seed, kept Sanchez off balance on Wednesday with a
      AP  -  337 words
    • 561 13  -  By Charles Savage HEAVY AFTERNOON rain cost Taiwan's Chou Hung Nan two bogeys, but he had already made eight birdies enough for a two-stroke first day lead in the Rolex Masters yesterday. Starting on the back nine, the 26-year-old former caddy
      561 words
    • SIDE LINES
      • 93 13 PAUL AZINGER withdrew from the Honda Classic and defending champion Blaine McCallister was no better than a probable starter for the US$ 1 million event that began yesterday. Azinger, the year's leading money-winner, had cut a finger while fishing and withdrew from the 144-man field
        93 words
      • 125 13 SPAIN'S Carlos Sainz, driving a Toyota Celica, snatched the lead of the 1990 Portuguese Port Wine Rally early yesterday, holding off the Lancia of World Champion Massimo Biasion on a rain-lashed first full day. Sainz clocked a total time of one hour, 53 minutes, 54
        125 words
      • 70 13 DALE HAWERCHUK had a goal and two assists as the Winnipeg Jets beat the Quebec Nordiques 6-3 to clinch a berth in the Smythe Division playoffs. The Jets, who had 45 shots on goal, are 7-1-2 in their last 10 home games and have won three
        70 words
      • 95 13 CARLISLE BESTs boundary-filled 100 led the West Indies to a victory by six wickets over England in the fourth cricket one-day international on Wednesday and a 2-0 lead in the five-match series. After England was confined to 188 for eight from 48 overs by steady bowling
        95 words
  • Page 13 Advertisements
    • 278 13 DIVIDEND ANNOUNCEMENT Golden Hope NOTICE IS HEREBY GIVEN that an Interim Dividend of 3 sen per share (less 35% tax) has been declared by the Directors of Golden Hope Plantations Berhad in respect of the financial year ending 31st March, 1990, payable on Friday, 4th May, 1990. Duly completed transfers
      278 words

  • Page 14 Advertisements
    • 1143 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Dkln t I see you at Scandals? ■HHP Everv Mondav: High Fashion Night Even Thursdav: l-jtlics Nighi Every Night: 1 he place to see and be seen. Scandals. Singapore's most sophisticated club and meeting
      1,143 words
  • Page 14 Miscellaneous
    • 698 14 TELEVISION AND RADIO C W ppf rPVPriDP SBCI2 SKr 1 BUSUCSSOWHAWO TT V AW T 7.30 PM Supersense Making SBCB J*' 645 BBC, $9.9 mHi in VHF Band II 805 Aaron's Wav 5.55 PM Little Memole (Q. 7.00 Cable News Network. 25 1 Vl 0 1 805 «ron S Way
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  • LIFESTYLE
    • 773 15  -  French actor Gerard Depardieu starred recently in Trop Belle Pour Toi (Too Beautiful for You), which won five Cesars on Sunday in France's equivalents of the Academy Awards. He tells Paul Chutkow what gives him such an insatiable drive for acting. Paul Chutkow NYT A LL
      NYT  -  773 words
    • 267 15 Holding hands to bring culture to Singapore, Straits Steamship Land and Mobil Oil Singapore are sponsoring the Houston Symphony in its two-day performance here for the Singapore Festival of Arts. During the performances on June 8-9 at the Victoria Concert Hall, the symphony will be
      267 words
    • 277 15 CHAiiiiiOX A SPECIAL "clcan-up" expedition will climb K2 in the Himalayas to try to rid the world's second highest mountain of the tonnes of rubbish left behind by other climbers. Mountain Wilderness, a worldwide association sponsoring the project, said on Wednesday that it would
      277 words
  • Page 15 Advertisements
    • 319 15 AND ENTERTAIN A Culinary Tribute To Fresh Rtver Salmon. From March 2 to 17, you can enjoy fresh river salmon, specially airflown from Norway, for dinner every night at Hubertus Grill. We offer thirteen sumptuous ways to enjoy this delicacy. So, make a reservation now and enjoy the best Salmon
      319 words
    • 75 15 *%r\ Sharks Fin with Chicken gQ QQ 3 Red-fish with Soya Bean (For 10 persons) 4 Prawn in Dried Red Chilli cted 5 String Beans with Minced Meat 6 Maple Leaf Deep Fried Bun p pking 7 Braised Pu-T»en Bean Curd ma <I"°* ,lh 8 Han-Chang Noodles in Hot Pot
      75 words
    • 72 15 piico restaurant Frisco ofTcr the finest continental cuisine with cosy, friendly ambience. EXCLUSIVE BUSINESS LUNCH 11.00 am to 2.30pm Set Lunch 0 $28.00++ per person (menu changes daily) ROMANTIC DINNER 6.00pm to 10.00pm Candle-light Set Dinner 9 $25.00++ per person HAPPY HOURS 3pm to 10.00pm All alcoholic beverages except wine
      72 words
    • 309 15 firm ■I* 'W f CLASSICAL JAPANESE FOOD PREPARED IN THE TRUE KAISEKI STYLE. Complete 7-8 course set Lunch/Dinner from $14.00 Set Sashimi Lunch from $18.00 Nishjki Restaurant Marina Bay Golf Country Club 6 Marina Green Singapore oioi. For Reservations Pleasf. Call *****11. i>mhcsf»vsH i ai.RR\( >i- > I Great Meals
      309 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4301 16  -  By Lim Mui Khi SHARE PRICES on the local bourse rose on thin volume in another day of dull trading. Brokers, however, said that overall sentiment was picking up. The market yesterday largely tailed Tokyo. The Nikkei Index rose 328.55 points or 0.98 per
      4,301 words

  • STOCK EXCHANGE OF SINGAPORE 2
    • 736 17  -  By Lim Mui Khi ACTIVITY on the over-the-counter market yesterday was centred on lowpriced Malaysian counters. A broker said: "Investors looked for bargains after the oversold situation of the last few days." The Business Times Composite Index rose 6.52 points to 1,373.14 while the
      736 words
    • 2865 17 Gr's Gf'i 1989/90 Tel Ijist Vol Day Last Quote Div Dii Y'Td Net VI Cap High Low Code Company Sale +or(*000) High Low Buyer Seller Cn S P/E (mil HONGKONG STOCKS 102 95 1418 CDL Holds Intl 95% 1658 96 95 95 95% 1246 Cathay Pacific .1000 980
      2,865 words
  • 908 17 Company Expiry/ Coupon Conversion period Interest C onversion term for one ordinary maturity payable share date Caiatway Low 1994 6 Dec 31 Causeway Wt 1994 Oct 2. 1989 to Oct 20. 1994 1 warrant plus $1 cash or 1 warrant plus {1 nominal amount
    908 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3410 18 IN SPITE OF an unencouraging start, share prices on the Kuala Lumpur stock market closed marginally higher yesterday on bargain hunting in another round of lacklustre trading. Dealers said that although some nibbling in blue chips by institutions was detected, the bulk of the action was still
      3,410 words
  • BT SHARE INFORMATION SERVICE
    • 594 18 Singapore Stocks Last Full Year Company Period Date Year Net EPS Gross Net jmouiced endrj (cents) <fv profit last year (WOO) BMT Interim Jan 27 Jun 90 169 6 100 0 516 G Secwities Final Feb 2 Dec 89 68(a) 768 Guthrie GTS Final Feb 22 Dec 89
      594 words
    • 479 18 Current Ex Books Date Total tor Total for payment date dose payable the year last year Asean Find USlOC(b) Mar 7 Mar 19 Mar 26 US10C A ram 151TE Feb 28 Mar 12 May 15 251TE 251TE BAT 9091(n) Ape 6 Apr 19 May 3 122 ?%(n) 721
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    • 281 18 Company Rights Issue AMnB One tor lour <a MJ? 40 per share E j date Mar 8 Books dose Mar 22 Acceptance Payment NYA Bousteadco On* tor ttiree (a SI 15 per share Ex date Ian 19 Books close Feb 1 Acceptance Payment Mar 19 CtC Two tor
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    • 364 18 Company Rights Issue Mwproes Three tor tour <a M$? 30 per share Apoto One tor one SI 85 per share Q Hokfcip Issue of 27m loan stocks m the ratio of 13 loan stock for every five ordinary shares held FAC8 One for one fe. MS) 60 per
      364 words
    • 185 18 1 Landmarks Berhad: EGM at Ledang I N. Carcosa Sen Negara, Taman tasik Perdana, ***** Kuala Lumpur on Monday. Mar 12, at 11.00am. Pacific Can Investment Hoidrgs Limited: First AGM at No 1 Sixth Lok Yang Road, Singapore 2262 on Thursday, Mar 22, at 10.30am. RECORD HIGHS AND
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  • REGIONAL STOCK MARKETS
    • Nikkei higher after moving in a 1,000-point range
      • Article, Illustration
        1085 19 SHARE PRICES closed easier in Hongkong yesterday after a quiet trading day. The Hang Seng index shed 10.72 points •tb 2,915.73. "All you've seen is bargain hunting. Every time the market approached 2,908 buyers came in again," a broker said. "After all the volatility we've seen in Tokyo and
        1,085 words
      • Article, Illustration
        691 19 SHARE PRICES closed broadly higher in Tokyo yesterday but off their peak after fighting back from a sharp drop in eariy trade. Arbitrageurs sold heavily at the morning and afternoon openings and then near the close to unwind futures positions at March contract expiry. Investment trust funds led buying.
        691 words
      • Article, Illustration
        498 19 THE Australian share market closed weaker yesterday, highlighted by investors marking down the price of Elders IXL after the announcement of its longawaited restructuring. Brokers said trading on the local market remained nervous despite a jump in the volatile Japanese market. The All Ordinaries index ended 12.6 points down
        498 words
      • 275 19 SEOUL stocks nudged up in irregular trading yesterday with the index influ- enced mainly by fluctuating movements in financial shares, brokers said. The composite index closed at 847.77 up 0.31 point from Wednesday's close. Turnover was a moderate 204.5 billion won against 178.7 billion in the previous session. The
        275 words
      • 368 19 THE Taiwan stock index ended slightly lower yesterday after a day of sluggish trading that saw many investors opting to remain on the sidelines, dealers said. The weighted index fell 42.24 points, or 0.3 per cent, to end at 11,373.32 against Wednesday's 11,415.56 close. Turnover was low at NT598.15
        368 words
      • 238 19 THAI stocks ended largely unchanged in thin and directionless trade as investors remained sidelined in the absence of fresh incentives yesterday. The official SET Index gained 1.46 points to close at 801.32. Declines led advances 68 to 42. Most active were Manager Company, CMIC Finance and Siam City Cement.
        238 words
      • 95 19 THE New Zealand share market closed lower on small volume, taking no comfort from the 7 per cent improvement in Brierley Investments' first half net profit. "It was pretty ho-hum really," a broker said of BlL's midday announcement of a NZ$lBB.2l million net, which was in line with
        95 words
      • 105 19 PHILIPPINE shares rose across the board as bargain-hunters continued to buy stocks yesterday, brokers said. Manila's composite index closed 3.15 points higher at 1,037.25. Combined volume on the two bourses rose to 673.2 million shares from Wednesday's 503.85 million but value eased to 114.2 million pesos from 140.51 million.
        105 words
      • 71 19 BEARISH sentiment slackened Jakarta stock trading yesterday, bringing turnover down to million shares from 3.1 million on Thursday, and the composite index fell 8.27 points to 577.63. Java Pelletizing Factory was again the most actively traded at 603,450 shares. It rose 600 rupiah to 11,300. Trading in the cement
        71 words
  • Page 19 Advertisements
    • 99 19 2 i 1 Bk LCi A 'TTTTT^ a i I mLv f a CVT; I mt II $4 A MONTHLY MAGAZINE OF BUSINESS TRENDS Singapore, Hongkong as region's stockmarkets? Special report: Japan's yen for Singapore The big business of celebrating Pick of the region's quality stocks Simex's agenda for the
      99 words

  • WORLD STOCK MARKETS
    • Late technical selling sends Dow slightly lower
      • Article, Illustration
        914 20 WALL STREET stocks closed slightly lower on Wednesday after technical factors triggered some selling in the last hour. Traders noted the pullback came 1 on moderate volume and breadth was not decisive since advances and declines 1 were closely matched. The Dow Jones Industrial Average fell 7.21 points
        914 words
      • Article, Illustration
        801 20 LONDON share prices were higher at midday yesterday, helped by scattered buying by institutions and a shortage of stock. Another round of good earnings reports helped and Tokyo's rise yesterday also helped boost the market. But because volume remained thin, traders said London would remain vulnerable to the slightest
        801 words
      • 156 20 WEST GERMAN share prices rose sharply yesterday, with the DAX Index of 30 leading shares ending 0.8 per cent higher in moderate trade. The DAX closed at 1,860.92 points, 16.20 above Wednesday's close, but below its intraday high of 1,863.52. Dealers said the sentiment in the market was positive,
        156 words
      • 241 20 DUTCH share prices were firmer in moderate business at mid-session yesterday, supported by a rising bond market and several favourable 1989 company results, dealers said. The EOE 25-share index gained 4.49 points to 277.19, a 1.6 per cent rise from Wednesday's close. A dealer said the market was still
        241 words
      • 121 20 ITALIAN share prices slipped in thin trading at midday yesterday ignoring the firmer trend in other European centres. The MIB Index was down 0.6 per cent at mid-session when around 50 per cent of the stocks had been given their official closing prices. Milan Mar 7 Lire 47Ass Gen
        121 words
      • 148 20 FRENCH share prices built on opening gains at midday yesterday, boosted by Tokyo's sharp gains, the favourable economic outlook for 1990 first half GDP growth in France and a firmer French bond market, dealers said. The CAC-40 Index was 27.36 points up at 1,907.93 at 1200 GMT. It opened
        148 words
      • 264 20 SWISS SHARES were generally firmer in moderate mid-session trading yesterday as gains in Tokyo and slightly lower short-term interest rates stimulated the market, dealers said. Many investors returned to shares after the bourse had been becalmed in recent days but they generally remained cautious in view of the slightly
        264 words
      • 455 20 Brussels Mar 7 Francs 47FORWARD MARKET Acec 4900 -20 Arbed 4940 +160 Astur 1281 +23 Brascan 736 +8 Canpac 730 +12 Cock 199 +4 De Beers 804 +128 Ebcs 4200 unch Gb-lnno-Bm. 1224 +20 Gevaeit...... 8600 +100 Gr Bru Lamb 3925 20 Hobok Petro ***** +175 Ryl Dutch 2660 35
        455 words
  • Page 20 Advertisements
    • 262 20 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singaporel Notice of Annual General Meeting To: All Shareholders NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of the shareholders of the Company will be held in the Function Room of The Development Bank of Singapore Ltd, 45th Storey,
      262 words
    • 37 20 Blow A Gasket Without Blowing Your Cool. telM] only $4.50 How to look after your car covering every popular make and model. Available wetkly at major bookshops and news-stands STP Distributors EH mSExfs The Employment Oowified Serfon
      37 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1170 21 FOREX MARKET REPORTS THE US dollar ended higher against major currencies in Asia's foreign exchange markets yesterday following official comments that policy coordination has its limits and that present exchange rates are not worrying. The comments were seen as a sign
      1,170 words
    • 396 21 Cross rates Mar 8 USS S$ MS Dm Yen SFr AS NZS USS 1.8725 2.7055 1 6940 150.00 0.6055 1.4965 1.3149 1.7007 S$ 0.5340 1.4449 0.9047 0.8011 0 3234 0.7992 0.7022 0.9082 MS 0.3696 69.21 0.6261 0.5544 0.2238 0.5531 0 4860 0.6286 Dm 0.5903 1.1054 1.5971 88.55
      396 words
    • 562 21 Interbank rates S$ Bid Offer Overnight 5 1/2 5 3/4 1-month 6 6 1/8 2-month 6 1/16 6 3/16 3-monmth 6 1/8 6 1/4 Overnight mode: 5-5/8 USS Bid Offer 7 days 8 1/4 8 3/8 1 month 8 5/16 8 7/16 2 months 8 5/16 8 7/16
      562 words
    • 260 21 Reuter OVER 30 federal regulators of futures markets from North America, Europe and the Asia-Pacific held an informal meeting to exchange ideas on ways the industry can be policed globally. Some of those who attended said they also discussed the need for adequate capitalisation
      Reuter  -  260 words
    • 88 21 Reuter THE resignation of Leo Melamed, long-time spokesman and defender of futures markets, leaves the Chicago Mercantile Exchange and the industry on the threshold of a global era without a larger-than-life leader. "When you have a titan step down or even throttle back it's hard to find
      Reuter  -  88 words
    • 1398 21 SIMEX EWOOOUA* Open High Low Sett Est Vol Op/lnt Vol Mar 90 91.58 91.57 9L58 989 8914 627 Jun 90 91.47 91.48 91 46 91 48 5341 ***** 8345 Sep 90 91.38 91.39 91.37 91.39 1161 3749 1139 Dec 90 91.19 91.19 91.16 91.19 572 1740
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  • COMMODITIES
    • 815 22  -  S D Verman, writing specially for BT from Kuala Lumpur, looks at the causes for the fast depletion of Malaysia's alluvial tin reserves S D Verman MALAYSIA'S alluvial tin reserves, which arc currently estimated at 500,000 tonnes, are expected to be depleted in
      815 words
    • 864 22 REPORTS TIN PRICES on the Kuala Lumpur Tin Market fell by 27 cents to close at 16.82 ringgit a kg due to the lower London close overnight, traders said. Turnover dropped to 47 tonnes from yesterday's 167 tonnes, the highest this year,
      864 words
  • 1371 22 Rubber m(W>lMl>) S cents/kg Noon Close Int I RSS Prompt 158 50/I59 50N 158 00/159.00 Int I RSS Apr 90 16I.2VI6I.7S I60.7VI61.2S Int 1 RSS May 163.2V163.75 162.75/163.25 Int 2 RSS OP 154.25/156 2SN 153 50/155.50N Int 3 RSS OP I48.7VI50.75N I48 00/I5000N Int 4 RSS OP 144.7V146.75N I44
    1,371 words
  • Page 22 Advertisements
    • 1201 22 notices In the Matter of The Companies Act, Cap, 5# and In the Matter of EL'RO-PACIFIC FINANCIAL PLANNING PTE LTD Nodce of Special Resolutions tar Members' Voluntary Winding-up (Pursuant to Section 2M) At an extraordinary General Meeting of the members of Euro-Pacific Financial Planning Pte Ltd duly convened and held
      1,201 words
    • 15 22 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words

  • THE TRAVEL PAGE
    • 992 23 C*y Flight HA FHdit ETD Htm MmW SR187 2000 GA890 2250 GA970 2335 SQ225 2215 rimnn RJ182 1445 RJ183 2320 Amtardaa KLB35 1505 KL836 2150 SQ23 1810 SQ24 2230 QF16 1820 GA890 2250 SQ31 1720 OM71 2215 AMWMMI TE25 1700 BA11 1225 TE25 1755 SQ325 2115
      992 words
    • 561 23  -  LETTER FROM HANOI By David Storey PURISTS and escapists may be disappointed, but Hanoi is showing serious signs of emerging into the late 20th century. Within sight of the mausoleum of Ho Chi Minh, author of Vietnam's austere communist aspirations, a walled social club has
      561 words
    • 153 23 Rates at at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4150 1.4350 Canadian dollar 1.5700 1.5900 NZ dollar 1.0900 1.1250 Sterling pound 3.0720 3.0920 US dollar 1.8700 1.8800 Local dollars to 100 units of foreign currency Austrian schilling 15.30
      153 words
    • 93 23 Duration Title Venue Organiser Td Duration Tide Venue Organiser Tel Mar 9-19 Nice Nice Foire (33)*****101 Mar 11-15 Agriculture, Riyadh Riyadh (966)1/*****41 International Internationale Irrigation EaMbitiom Fair de Nice Agn-Industry Mar 10-18 International Munich GHM Gesellschaft (49)89/***** Show Light Fur Industries Handwcrksauss- M,r ,7 20 International Paris
      93 words
  • Page 23 Advertisements
    • 68 23 "X T Th« bunnesi perion'i choice every Tuesday, I I ■L# m I|\ I I I Thurniiy, Saturday and Sunday. Leaving Changi It M I II I II I Airport al 21:55 hour* and arriving at Letter B JL H X JL P"" 00 International Airport the following day. CmII
      68 words
    • 34 23 GET THEM NOW! U tji JU cjj I u 11 Agi JH I JF From Your Newsvendor, Newsstand At Times The Bookshop I»l4*«fcad by T m FWAcob Ud A »»—n< #W S*H» T.«ft*« Gaoup
      34 words
    • 694 23 II MALAYAN UNITED INDUSTRIES BERHAD (Incorporated in Malaysia) 11 NOTICE OF EXTRAORDINARY I GENERAL MEETING 11 NOTICE IS HEREBY GIVEN that an Extraordinary General 11 Meeting of the Company will be held at MUI Plaza I Conference Centre, Ist Floor, MUI Plaza, Jalan P. Ramlee, 11 ***** Kuala Lumpur on
      694 words
  • Page 23 Miscellaneous
    • 182 23 30 Such a muscle requires no rest (6) 31 About fifty deciding to get t0 change in 24 (9) YESTERDAY'S SOLUTION going is most unexpected (9) Keeps going for brochures (UMani (9) DOWN 15 Looking put out about a sea- W?WV JpffTTßt 111^1^19 2 A little bit soft and con-
      182 words
    • 218 23 Singapore OUTLOOK: C lear Report for 24 hours prior to 7.30pm on Mar 8 at the airport: Max temp 33.6 Assoc humidity 56 Mia temp 22.7 Assoc humidity 93 llrs of saashiae 3.95 Rainfall in mm 40.7 Rainfall this mth 40.7 Rainy days this mth I Forecast for the rest
      218 words
    • 36 23 iLki&.MitMSßaraEl prospccts H€fie vm NOT IM THE FuD&e... rr i p< sS£?Jp^^° N wood ,e R£GK£*r H-IRT ,S !l e m ,c.T fV3K NOU TO FuToße D£CID£DLV «es«GNPCT.OM... &tefs<.... l Jsl EVEMHG STW.OAWG CO ITO ~»»21»»0
      36 words

  • 483 24 AP INFLATION speeded up among major industrial countries in 1989 for the third year in a row, the International Monetary Fund reported on Wednesday. Prices paid by consumers in seven big countries rose an average 4.4 per cent compared with 3.4 per cent
    AP  -  483 words
  • 251 24 AP CONSUMER PRICES in Japan would fall by nearly 6 per cent if the country liberalises farm imports, simplifies its complicated distribution system, and cuts petrol prices to the level of other petroleum products, a major Japanese business group said yesterday. The
    AP  -  251 words
  • 361 24  -  By Magdalene Ng SINGAPORE has been chosen as the first regional training centre by the International Air Transport Association (lata) with Singapore Airlines providing support in the form of training expertise and scholarships. lata's move should give an added boost to the local
    361 words
  • 155 24 AFP THE AVERAGE economic growth rate in the AsiaPacific region is expected to slow to 2.6 per cent in 1990 from 3.6 per cent last year, officials at Japan's Economic Planning Agency said in Tokyo on Wednesday. Speaking at the end of a two-day meeting
    AFP  -  155 words
  • 32 24 This is no Harrods salesman but Mr Mohamed Al Fayed, a central figure in a row involving Lonrho chief "Tiny" Rowland. Story on Page 5.
    32 words
  • 165 24 Bernama THE Malaysian government, concerned over the changes taking place in markets worldwide, wants traders to "get cracking" and establish the necessary tie-ups with their counterparts in the European Community before it is too late. Trade and Industry Minister Datuk Seri Rafidah Aziz
    Bernama  -  165 words
  • 157 24 Reuter THE FIVE permanent members of the UN Security Council are meeting in Paris next week for their third round of talks this year on a possible United Nations peace role in Cambodia. A French Foreign Ministry spokesman said on Wednesday that
    Reuter  -  157 words
  • 339 24 Bernama THE JOHOR government will continue developing Desaru as one of the leading tourist centres, through privatisation although there are certain people who are trying to sabotage the efforts, Mentri Besar. Tan Sri Haji Muhyiddin Yassin said yesterday. He said the
    Bernama  -  339 words
  • 160 24 AFP OPEC secretary-general Subroto has warned of a sharp surge in oil prices in the next five years unless producers expand capacity to meet growing demand. But in an interview yesterday with the United Arab Emirates newspaper Al-ltti-had, Mr Subroto said he expected the
    AFP  -  160 words
  • Page 24 Advertisements
    • 163 24 Gerald genfa BE THE ENVY OF CAR OWNERS Visitors/ VIPs in town? Vehicle under repair? Urgently require a car at short notice? At AB, we have just the vehicles for all your rental requirements. Sparkling clean vehicles Latest luxurious models Competitive rates Daily, weekly, monthly, yearly rental Self drive or
      163 words
    • 5 24 Precision v-'i mastery since 1775
      5 words

  • SHIPPING TIMES
    • PORT SIDES
      • 101 25 MEXICO WILL OPEN its air freight routes to private companies, allowing businesses to charter or run their own flights to export products. Communications and Transport Secretary Andres Caso Lombardo told the state-run news agency Notimex that "it is not a question of an 'open skies
        101 words
      • 84 25 AFP SYDNEY'S BONDI BEACH was closed on Wednesday after an oil spill five kilometres long and 500 metres wide left a blanket of stinking black sludge along its famous white sands. Nearby Tamarama and Bronte beaches were also closed after the slick was driven ashore
        AFP  -  84 words
      • 114 25 AP A TANKER SMASHED into a tug boat and dumped thousands of gallons of fuel oil on an environmental marine reserve along Brazil's south-east Atlantic coast, officials said on Wednesday. The spill occurred in the marine reserve of Angra dos Reis, 151 km south-west
        AP  -  114 words
      • 128 25 AP SIX SHIPWRECKED SURVIVORS plucked from a life raft in the Gulf of Aden on Feb 28 have arrived in a Malaysian port in good health, Bernama reported. The crew members, from Somalia and North Yemen, were brought on Wednesday to Port Klang,
        AP  -  128 words
      • 96 25 Seatrade Week "KOREAN-FLAG container operators boosted their share of Korean box trade to 41 per cent last year, carrying 803,798 TEUs of the 1.95 million TEUs in the trade an increase of 16.4 per cent on the previous year. Their highest share, 88.6 per
        Seatrade Week  -  96 words
      • 47 25 'K' LINE IS EXPANDING its 54,000 sq m Nava Nakorn distribution centre to meet increasing demand in Thailand. The centre was opened last May, 50 km north of Bangkok. A 3,400 sq m warehouse will be doubled in size by this summer.
        47 words
    • 986 25 Pog* CoIu*mi aK Co—i—*— Tww*« 5 A<c<xO s*es T«H 3-5 AJbot-M Sao Som« J MtfM C fow«M« 5 AlvwM IM< M«*a« 5 A#C IM S»«" 5 Aft f— 3-5 MS tairnw I A"«*0 I'M MM* */5 Afto« li«M N«M 5 AJG Itw J AM> tuna V« h
      986 words
    • 255 25 Bernama PACIFIC Risk Control Sdn Bhd will make a study to determine the safety of port installations and public facilities at Penang Port, including its ferry terminals, Penang Port Commission (PPC) chairman Syed Mohamed Aidid Syed Murtaza said yesterday. Pacific Risk Control
      Bernama  -  255 words
    • 383 25  -  By OTHMAN ABU BAKAR SHAPADU KONTENA, a Malaysian haulage company currently on the expansion trail, expects to launch its air freight service by the middle of this year. Its executive director, Haji Zaid Abdullah, told Shipping Times in Port Klang recently that
      383 words
    • 270 25  -  By/ AL 0 LABITA HONQKONQ International Terminals, Inc (HIT) of Hongkong plans to construct a multi-billion peso "super container port" in the central Philippine city of Cebu, transportation and communications secretary Oscar Orbos said on Wednesday. The plan, he said, was relayed
      270 words
    • 905 26 PORT DEVELOPMENT IN VIETNAM VIETNAM is the fastest growing economy in Asia. Exact economic figures are difficult to come by. but it has been estimated by the Asian Development Bank and the Hanoi government that the economy grew by well over 15 per
      905 words
    • 543 26 Danalty Water Carbon Aah AMm*n*u»n tiJtonnt RaaMua ..J KO/M*3 V/V M/M M/M PPM MM Exxon nil* ISO/Cimac Itmtta Spoc E28 991 1.0 15.0 0.10 30) 0.10] > Spoc Q3S 991 1.0 18.0 0.15 OT 0.10 Horteorn Europ* 180 Ava 980 0.2 12.8 0.04 8 002 180 Max
      543 words
    • Ships in Port
      • 176 26 Port Kolang South Port Phuket Navee berth 1; Matsukaze berth 2; Seng Leong berth 3; Melaka Jaya berth 4; Likas Venture berth 5; Kin Line No 1 berth 7A; Anson berth 8; Anro Fremantle berth 9 (S); Tanto Utama berth 9 (N); Hikawa berth 10 North Port Fuping berth
        176 words
      • 2033 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Tranatalner Schedules Blk Op Gdn Date/Time Time From Time To Booking Gale Ad Gonchorov AI5MF *****0 0100 09/1700 09/1759 Portnet 2 U4 00 fOI 10/0200 10/0229 NA 2 Al Shorn,oh 70A *****0 0700 09/1100 09/1159 Portnet 2 N5
        2,033 words
    • 934 27 CHARTERING activity on the dry cargo freight market on Wedneday remained routine and rates for grain business from the US Generally held steady, brokers said. Grain from the US Gulf to the Continent was fixed at U5514.60 or U5514.85, depending on final destination, against a BFI sub-index of
      934 words
    • 12204 32 AARHUS Kaluga 1. Triot. March 8. Ever Guttl Evergreen. March 8 Liverpool Bay. Trtot. March 9<P«). Ming Energy. Yang Ming Line. March 10. Noraaia Princeee, Noreeie/SeeLend. March 11. Villa da Venue. CM O'Affretement. March 11. Toyeme. ScenOutch. March 12 Evar Qanand Evergreen.
      12,204 words
    • 392 40 ASIA TERMINALS of Hongkong may invest in another container freight station (CFS), with expectations of good containerised cargo business from south China. ATL recently completed its HK$l.36 billion Phase 111 and IV CFS project. David Allen, managing director of
      392 words
    • 283 40 FOREIGN INVESTORS are reluctant to do business in Jambi mainly because of the lack of port facilities and the limited availability of other basic infrastructure, such as road networks and telephones, says an executive of a regional government in Sumatra. A Roni
      283 words
    • 237 40 AFP THE THIRD largest passenger cruiser ever built in Japan was launched at a Kobe shipyard yesterday in a ceremony attended by Princess Sayako. Emperor Akihito's daughter. shipyard officials said. The 22.000-tonne Nippon Maru. built by Mitsubishi Heavy Industries Ltd at its Kobe shipysrd.
      AFP  -  237 words
    • 347 40  -  By AL O LABITA THE AQUINO government is looking at a possible public listing of the state-owned National Shipping Corp of the Philippines (NSCP) to facilitate its privatisation. The proposed listing scheme followed last week's failure of a public bidding, the
      347 words
    • 70 40 NORWEGIAN ship services company Unitor has reported substantially higher profits following its acquisition of Swiss marine chemicals group Rochem last July. Unitor achieved operating profits of 116 million Norwe- gian kroner (US$lB million) for 1989, up 70.5 per cent from 68 million kroner the previous year.
      70 words
    • 123 40 KAWASAKI Kisen Kaisha ('K' Line) will start a new container service between Japan and Taiwan later this month. It will use one ship between Hiroshima on the Inland Sea of Japan and Keelung port in north Taiwan from March 20. The
      123 words
  • Page 25 Advertisements
    • 47 25 ■■SSS2SESSS9SHiHHHHHiHHHIHHHHHfIHHIH9ESS2 How to look after AvaiUbla ***kiy at STP Distributors bookshops and naws-stands Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National fJ*) Shipping Association. For advertising and circulation anqulrlaa, plaaaa call Bualnaaa Tlmaa, Tal: *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD
      47 words
    • 285 25 I BALTIC I MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vessel/Vov SIN MAA CCU ILOVIK 102N 11/3 18/3 T. RIVER 86 12/3 17/3 CALL: *****71 (Ses Pag# 13 Column 4). JT "**"<>*<* WE GIVE YOU THE WORLD |mTyjj Nedlloyd Lines pW fcsl.M»isN?c) <r S.ngaixxe since '888 We operate 34 separate services in a
      285 words
    • 184 25 INSIDE Big plans, no money VIETNAM desperately needs to remove bottlenecks in its ports. But finding foreign backers for development projects inside the country is not easy. Page Two Asia Terminals ASIA TERMINALS of Hongkong may invest in another container freight station, with expectations of good containerised cargo business from
      184 words

  • Page 26 Advertisements
    • 41 26 Contact t«l*phon« numbor* (T«n|ong Pogar Terminal) S*ctt°n 1 S«Ctton atrrhTiliohnrn CI —*****30 3311 TO C 4 *****34 C 8 32 Sfc3 CIO 59M370 §£Hf' s S3jr~ ir-siST"" srS" 1 iiirrH? C3S —*****49 C/N Bill 17 CI4 —*****^/*****88 CI4N 32M47f CI4S J*****8
      41 words

  • Page 27 Advertisements
    • 2145 27 200 Cintonmwt Road #12 05 Southpcnnt, Singapore 0206 Alllf/ th *****11 TERMINAL, CfS T*l *****18 220 F 5583*1 BOOKINGS Tel *****34 235 L VA7 A PCSAKA JARDINE shipping agencies son bho PORT TEL *****18 NO MA***** MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 DfJicotcd K» C>t»oli»y Syvicc
      2,145 words
    • 2171 27 Vessel Voy ETA I ETO 'Port "Peneng DESTINATIONS Singapore Kelang TMe mh Leu M 9004 Feede< by CY '4/Mo MOO MRS M fmrco CFS 11V90 '800 MRS M Teuro OAK LOB HOU MEM ATL MIA CMS BAL PHL NYC MON TOW LEXA M 9004 14/3 IV3 StO 10/3 31/3 2/4
      2,171 words

  • Page 28 Advertisements
    • 1083 28 Page Foot ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE 7 7Z Z 2/4 27/3 20/3 26/3 UVEA POOL BAY 97/W8 9/3 10/3 29/3 3U3 2/4 3/4 SSSTC Eg ss r a a a BENALOER 9*534 213 23/3 »4 2/4 9/4 5/4 *< I 1
      1,083 words
    • 663 28 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT TBN 26/3 4/4 7/4 14/4 20/4 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO TBN 26/3 2/5 4/5 7/5 10/5 Ao«nta- SINGAPORE: *****00 BOOKINGS: *****08 S. JAYA: 03-*****25 JOHORE: 07-*****2 j NORTHBOUND TO UKC S PORE ROM/A OA* HBG HULL (U K.)
      663 words
    • 1349 28 El —ia»»a REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA QHA ALG) HAM) C C T NORASIA PRINCESS 9001-3 11/03 15/03 27/03 31/03 04/02 05/04 07/04 08/04 08/04 10/04 1104 NORTH SEA 002W 16/03 20/03 02/04
      1,349 words

  • Page 29 Advertisements
    • 1626 29 Steamers Maritime Holdings Ltdl ~-> PJg,A flt IV STRAITS SHIPPING! ***Vr w j siauNn t« Broad East Malaysia, I Containers feat ,i,t I S'pore P Klang S'tan H'burg B'haven to" L«* ACCEPTS DUE SAILS I iIWRPOOI BAY »«3 10(03 27/W 7*03 Jl/O 01W CARGO I SmSS 5S SSSSSSSS2S «NAIDC* a<n
      1,626 words
    • 2185 29 TO: EUROPE TO: FAR EAST I SP LN RDM HAM BRE FIX SPORE HK KAO BU P HANJIN LEHAVRE 006W U/3 29,3 30/3 11/3 2/4 3/4 HANJIN OAKLAND 12/3 IS/3 l(/3 22/3 I HANJIN FELIXSTOWE 001W 17/3 4/4 5/4 M 1/4 9/4 CHOYANG SUCCESS 007E 19/3 22/3 23/3 29/2 I
      2,185 words

  • Page 30 Advertisements
    • 587 30 W MppHpHipHMHaBBHHHHPHHH fti)wmiiiJi?jmM IRANIAN SERVICE Singapore Loading lor IRAN TEYFOURI 15/3 Banda Abbas IRAN SOKAN X/ 3 Banda Abbas ff* (National Line Of Mtxico) U.S. WEST COA3T/MEXICO/CHYTRAL AMERICA CONTAINER SERVICE HKG LB ENStNAOA L CARHNAS S CRUZ MAN2ANILLO COLIHA M 11* V* 'I* JW "ft ■ONTERRE* VOl 20fl 12/3 14/3
      587 words
    • 866 30 HANJIN SHIPPING I yy FULL CONTAINER SERVICE HANJIN IE HAVRE M6W 300** UT"" 'ST* I*3 SLS&MME jij HANJIN FELIXSTOWE 001W 17/3 4/4 5/4 6/4 1/4 5/4 23 S BUUN o5? S2 CHOYANC PARK 007* 24/3 11/4 12/4 13/4 15/4 IS/4 L_*L_ M USA a HANJIN OAKLAND 007* 31/3 18/4 19,4
      866 words
    • 1586 30 d T cT"T3TEr^Mk IPKL SGP HKC KSC KLC PUS HKT OSK TYO OAL LHV AWW ROM FIX HBC SCP I ever guard iw m na an jw 20/3 m 2/4 vi* o/s vs 10/s u/s u/s -m EVE* GIANT 21/3 22/3 27/3 20/3 #8 2/4 4/4 0/4 *4 4/5 IVS
      1,586 words

  • Page 31 Advertisements
    • 1338 31 SHIPPING TIMES, Friday March 9 \99% g«ialPff PACIFIC INTERNATIONAL LINES (PTE) LTD M g fg Jfai PH. Building, 140 Cecil Street #0300. Singapore 0106. riAKARTA I BANGKOK I ~7- VESSEL VOY SIN BKK SIN I VESSEL VOY SIN JKT SIN PEGASUS PROGRESS tOtN 10/3 13/3 17/3 DELTA MAS 145S 10/3
      1,338 words
    • 581 31 EXPRESS CONTAINER SERVICE TO UK/CONTINENT SP P* STOM HAM I MAW* RDAM MAWI i. n m a 9 iw w J5 J2 '7i w wan nn jm w ITU- J" 1" W M IJJ M m £iw 1M IV4 IW Hf3 IW IW IW *< 1M an Wi Ji2 !?2
      581 words
    • 524 31 DJASAQETRI A Joint Europe Service Of: P.T. OJ/UUUITA LLOYD P.T. 6ESURI LLOYD P.T. SAHUQERA IROOKESIA P.T. TDIKOIM LLOYD CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE I VSI/VOY SPORE R OAM; H'BURC BREMEN ANTWERP ADAM LJ. BONTANC 7WB II 21,3 20/4 24/4 IV4 24/4 KUTAI/19N8 27 3*3 23/4 2*4 1/S 4/5 1
      524 words
    • 507 31 MYANMA pßk FIVE STAR UWE (Burmese National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Penang Bangkok MYOMACWA V/ 124 t/ll MAR HPA-AN/VI47W 13/15 MAR HTONEYWA V2S3W IN PT/10 MAR PAGAN V/153W 13/15 MAR MCRCUI Vffl *27 MAR PATHEIN VIOOW 24/31 MAR THE BANK LINE (A service of Andrew Weir Shipping)
      507 words

  • Page 32 Advertisements
    • 346 32 •l— f WEEKLY STRAITS/MADRAS CONTAINER SERVICE 1 7/ DAILY LCL RECEIVING AT OWN CFS I PENANG VESSEL P.KELANG SPORE PK MADRAS (FEEDER) /.«a/«ammc 27/2 MELITA 9005 In Pt In Pt 11/3 16P3 MACOLINE 9 /3 LEUVE 9120 13/3 23/3 16/3 MELITA V 9006 21/3 22/3 23/3 29/3 BOOKING: MACOLINE S'PORE
      346 words
    • 368 32 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW sin MM lih oak sea FROM PSW iw oak sea hkc sin LALANOIA 30E Off 1W W W W HYUNDAI PIONEER m 1202 1502 1102 «03 1503 HYUNDAI CHALLENGER 32E IMB 2203 M» 1204 1504 LALAND4A IMB 22®
      368 words
    • 98 32 CROWN <3? PACIFIC FREIGHT PTE LTD 1 LCL CONSOLIDATION SERVICE USA ETC SIN j SEATTLE 16/3 PORTLAND 16/3 SAN FRANCISCO 16/3 LOS ANGELES 16/3 SAN DIEGO 16/3 OTHER 16/3 IflMiMi 17 3 HAMBURG 17/3 BREMEN 17/3 LE HAVRE 17/3 ANTWERP 17/3 FELIXSTOWE 17/3 OTHER 17/3 CCNI# Compart 1a Chifcni de
      98 words

  • Page 33 Advertisements
    • 842 33 BK9E_ Inter Con \i \NI i imi mi: i ii> Biweekly fcl/lcl to: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —18/3 TOKYO —15/3 LE HAVRE —19/3 LAUTOKA —16/3 KEELUNG —18/3 YOKOHAMA —15/3 ROTTERDAM —19/3 SUVA —16/3 MANILA —16/3 KOBE —15/3 UK PORTS —19/3 BANGKOK —18/3 AUSTRALIA HAMBURG —19/3 SSSUa =!gg
      842 words
    • 708 33 Nedlloyd WE GIVE YOU THE WORLD Nedlloyd Lines I WEW ZEALANDffUI VESSEL ikt PKg 'Pen *Bkk Sin Sbaya Auckland Fij*(A) N Timanj L*m«on<B) Oun«din<B) N«p««r IWlinfton(C) Ta«nfa N Rosarw/9004 14/3 17/3 14/3 14/3 16/3 «/3 3/4 I*4 *< *4 6/4 S/4 8/4 10M Ig4 N Rouen,3oos 3/3 31/3 28.3 21,-3
      708 words

  • Page 34 Advertisements
    • 1139 34 VQY |NDO *PKPNG [sCP LB CHLS NFK NYC HFX I OOCL FORTUNE 27 12/3 13/3 15/3 7/4 17/4 19/4 21/4 25/4 I AMBASSADOR BRIDGE 23 19/3 20/3 22/3 14/4 24/4 26/4 2«/4 2 5 I NEPTUNE GARNET 19 26/3 27/3 29/3 21/4 1 5 3/5 5/5 9£ 4 OOCL FAIR
      1,139 words
    • 1639 34 tJUII W w OAY) OAY) BOOKING CONTACT CHRISTINE/ —A®/*j 3HZZZZZH BOOKING CONTACT w I ~~1 ii ruvci i 2 OAVSI 0 OAY) lllMflO -> HONG KONG ».n«I"NG KCCIUNC IQTCEHUDY —A. TWICEfWKLY BOOKING CONTACT H limM BUSAN ""1. MANILA SCRtNt/SITI |»A' 'WICEfWKU r booking contact r —~~~"1 13WW I ITOKYO1 T0KY0
      1,639 words

  • Page 35 Advertisements
    • 1557 35 J NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) VW Bookings: UK/EUROPE *****19, AUST/INDIA/PAK *****18 USA *****16, FAR EAST *****48 W V Documentation: *****44/*****14 K Terminal: *****22 CPS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 5 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P. Kelang *****87, Penang *****0, J.Bahru *****3, *****4 H
      1,557 words
    • 1213 35 W SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: JMU4I/2 Cable Address SINSOV SINGAPORE Telei Numbers RS 2UBOJJS ***** RS ***** gggggS MMS. Wr S Srr»imi 2*bß™jL bmd «wussßSwau h skc *A. rtn Mcftnti Mmh WHORE BWjRU y.,
      1,213 words

  • Page 36 Advertisements
    • 738 36 ige tmeive ISK-LIHFSM^ DSR LINES VEB OEUTRACHT/SEEREEDEWI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT ROM HBG RST ARNSTAOT 1/90 17/03 09/04 09/04 11/04 13/04 H CEGIELSKI 7W 2W 08/04 IVO4 15/04 17/04 19/04 E. THAELMANN 2/90 04/04 11/04 27/04
      738 words
    • 1081 36 UKC CONVPmONAI WOIVICK Vessel P KLC PNC PC Loading for PINC AN CHENG 25/2 Rotterdam; Antwerp HANCHUAN 2/3 Rotterdam/Antwerp CHINA FULL CONTAIN** MKVICK Vessel PKLC PNG SPORE BKK HKC S HAI Q OAO YANG FANC KOU V *****/2 25/2 1/3 1/3 14/3 WEI HE 41 20/2 22/2 TM 5/3 9/3
      1,081 words
    • 260 36 FAST DIRECT REGULAR SERVICE TO INDONESIAI P PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETO LOADING FOR OELI INDAH 12.3.90 13.3.90 PANJANG/PK BALAM f NAGA JAYA In Port 10.390 PANJANG LAMPUNG JAYA ***** 16.3.90 SEMARANG/PANJANG PINANG JAYA 14.390 15.390 PANJANG/PK BALAM I PERITA JAYA 10.3.90 11.3.90 PANJANG/JAKARTA ABADI JAYA 14
      260 words
    • 1068 36 II OSEIDON CONTAINER TRANSPORT GMBH HAMBURG RANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-I-Sharif, Mashad, Kushka IRAN I:Djulfa, Astara MA ILYICHEVSK TD SINGAPORE 16/03, 22/03, 29/03, 4/4 EUROPE I :To all inland points: fIA VOSTOCHNY Poland, Bulgaria, Czech, Hungary,
      1,068 words

  • Page 37 Advertisements
    • 1091 37 VESSEL VOY SINGAPORE KHF/OUBAI JEDOAHB I LANKA SRIMANI 75W In Pt 24/3 31/3 I LANKA RUWAN 4W 26/3 8/4 16/4 LANKA SRIMATHI 74W 11/4 23/4 3/5 I. ALSO ACCEPTING CARGO (FCL/LCL) FOR: I ■A) INDIAN PORTS MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY Is ARABIAN GULF PORTS SHARJAH; DUBAI; BAHRAIN; DAMMAM; KUWAIT;
      1,091 words
    • 223 37 ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA [LOAWNGIFOn SPOWE ANO4NET 19WB l»04 DARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA MOOEIOAM ABBAY WOH2 24W8 IVOS DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOOEIOAH PJ *'EN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy Spore P.
      223 words
    • 601 37 a_kj_P.T. MASKAPAI PELAYARAN vSapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
      601 words
    • 713 37 BA^^ENGA^ervices MADRAS CALCUTTA VESSELS WT sm m CCU HY vtCA 11A I*3 2«/3 TIGER RIVER KCNB 12/3 17/3 ILOVIK 102N 11/3 11/3 P STAROSTIN 04SI* 13/3 20/3 LEUVE 1120 13/3 21/3 EAGLE CIOUO V 2» 15/3 25/3 OCEAN STRENGTH 21A 17/3 31/3 SUSAK 103N 17/3 24/3 VERMILION BAY 17W MP
      713 words
    • 350 37 TO AUSTRALIA/NEW ZEALAND WL |s.n»nn [f r—Mitw U«c*la«e £><■**« i 55cm US an Si Hi Ti* *5 musmi 146 1m 55 55 55 Hi u/» C VCtOUK Mi BM M H I« 5« 2M ANT***** M 7 Mrt wis OA m w w 1* DATS TO STDNET! TO USA/CANADA *51
      350 words

  • Page 38 Advertisements
    • 709 38 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO MATARANI ILO* 4 OTHER PERUVIAN PORTS WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore JOHNEVERETT U/13 Mar 14/16 Mar MURRAYEVERETT *5/27 MAR n x A P f KAMALEVERETT w 2l "EVERETT ORIENT
      709 words
    • 605 38 West Coast. Carnbbtin.Eitt C*fud» HAITI. Guatemala and Honduras VSL IS PORE IMAINLINER [LAX |KST |SAV [NYC |HFX 2IM SINGAPORE 10/3 2IN HAIFA 1M 12/4 15/4 UP MJJ A VESSEL lin 21* MONTREAL 11/4 20/4 23/4 25/4 27/4 2IM OSAKA 22/3 2IM SAVANNAH 1914 21/4 1/5 3/5 5/5 A VESSEL 30/3
      605 words
    • 745 38 WSING KWANG HANG SHIPPMG ft TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENWEL 14/3 17/3 JENHOL 11/3 14/3 VESSEL S PORE BANGKOK A VESSEL 17/3 27/2 A VESSEL 24/3 6/2 DESTINATIONS ETA SINGAPORE PORT KELANG 16 MAR MANILA 11 MAR HONG KONG. ALL CHINA PORTS 11
      745 words
    • 484 38 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PELOPOR 93? 10/3 11/3 13/3 14/3 PRASETIA 75A 14/3 15/3 17/3 18/3 PELOPOR 933 17/3 18/3 20/3 23/3 SURABAYA TANTO PERMAI H 05 13/3 13/3 16/3 17/3
      484 words
    • 389 38 SiN FM EAST 18/3 KEELUNG/KAOHSIUNG 17/3 BANGKOK 13/3 MANILA 17/3 JAKARTA 16/3 PORT KELANG/PENANG 15/3 BUSAN 14/3 TOKYO/YOKO/KOBE 12/3 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingangj Shanghai SHI EUROPE/UK 17/3 LDN/FLX/LVP/SOU 17/3 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN MSA/CANADA 15/3 L.A./NYC/SFO 15/3 VANCOUVER/TORONTO/MONTREAL SIN AUSTRALIA/NEW ZEALAND
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  • Page 39 Advertisements
    • 146 39 /fetf ADKRIS BUSINESS PSf CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME. M.V. 'DAGOHOY' 03/90 In Port TABACO/BISLIG M.V. 'DAGOHOY' 04/90 28th Mar MANILA/BISLIG j TBN 15TH MAR MANILA TBN 6TH APRIL MANILA/BISLIG GENERAL ACT CALSOURCE SHIPPING A
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    • 308 39 KASING In Port MANILA LIAN SENG HIN 15-17/3 KUCHING/MUARA TBN 10-13/3 BKK JUNIOR 20-25/3 BKK TBN 29- 2/4 HONGKONG/HUANGPU THE NATIONAL SHIPPING COMPANY Of SAOOI ARABIA REGULAR RO-RO SERVICE TO MIDDLE EAST VESSEL SINGAPORE P KELANG DAMMAM DUBAI JEDDAH SAUDI ABHA VOY 046 29 MAR 31 MAR 09 APR 12
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    • 427 39 VSL DESTINATION ETA SIN DCJA BHUM DSN BANGKOK 12/3 SIR) BHUM 439N BANGKOK 13/3 PIYA BHUM 21tN BANGKOK 14,3 JENLINK 14tN BANGKOK ISi3 SO ASIA UK Cf BU. MANILA 1(0 AKA BHUM 10S CEOU. MANILA In ft INFINITY 507 CHITTAGONG MONCLA 10/3 VEGA 11A KARACHI BOMBAY 10 3 KITI BHUM
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    • 510 39 VWTZAVAe— PENANG KL: allied-LINK SINGAPORE: /9T^\ S(Mr 04-*****2 03-*****55 778 6522(22 lines) Marina Ong Sumo Chtmm Altca Yao/CaMtar Yao transintra sh«ppMi( (Singapore) private limited Cargo bookings Tel: *****8 (5 LINES) I DAGOHOY 9-11 MAR BISLIG, MANILA I I TBN MID MAR Hongkong, Shanghai, Busan I FROM ALL UNITED KINGDOM CITIES/PORTS
      510 words
    • 259 39 IVESStL SM PTL DMN MY ALS STRENGTH VOYOSW 11/03 22/03 27/03 01/04 ALS ENOtAVOCIR VOYO6W 20/03 31/03 05/04 LONDON BRIDGE VOYOOW 07/04 18/04 23/04 26/04 Accepting FCL' lor Johannesburg VCOOCL RIY DSN PTL SM LONDON BRIDGE VOY36E 11/02 16/02 21/02 03/03 OHFU VOY 01E 24/02 25/02 02/03 12/03 ALS PROSPERITY
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  • Page 40 Advertisements
    • 1000 40 EXPORT TO: UK/CONTINENT (TRIO) uwm«Y I'B" laf ®"T" "a" S SSS-. I HMPH KTIS,"" 0 !S S3 £IjS I HttjjjH KAMAKURA HP MEDITERRANEAN (MED CLUB)* JEDDAH cm j£o fix*™ "jT"I*'1*' M M ST*" LIVERPOOL BAY »f3 MP Uji||jufl K™' 0 gf lQf4 12/4 BONN EXPRESS W 2Sfl s, m m
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    • 107 40 NOTICE ARRIVED SINGAPORE Consignees of all damaged I cargoes ex The Captioned Vessel Is hereby notified that a general survey will be held on the 13th March 1990 (Monday) at Keppel wharves Kl9 from 0900 hrs-1200 hrs. No further survey will be entertained thereafter. Ageat: "K" Uae Klakal ShippUc Agearie*
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    • 48 40 r ten Iro INTERNATIONAL FREIGHTBRIDGE PTE LTD 70 S hen ton Way Marina House #13-02 Singapore 0207 Tel: *****80(3 lines) Fax: (65) *****96 Tlx: RS *****1F851N 1 Our FORTE is EUROPE V- > Best freight rates for LCL/FCL Conference, Non-conference. Please call Tel: 226 1880 (Clara/Daljit) I\ r J\
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  • Page 40 Miscellaneous
    • 140 40 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCH LEGEND Rri i Temperature c V i nunoerstorm Weather Wind direction with speed m knots Shower Rom Wave height Cloudy Sky Surface winds ore indicated by orrows which fly with the wmd One full circle represents calm or light ond
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