The Business Times, 15 March 1990

Microfilm: NL16959
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday March 15 1990 75*
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  • NEWS SUMMARY
    • Article
      Kohl pledges one-for-one mark exchange
      62 1 WEST GERMAN Chancellor Helmut Kohl yesterday pledged a one-for-one exchange rate for East German personal savings after the two Germanys forge currency union. "We want savers to know that when the change in the currency comes, it will be at one to one for them,"
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    • Article
      Possible poll surprises
      34 1 THE INCUMBENTS face no challenge at next month's elections to the council of the Institute of Certified Public Accountants. But a few new faces may yet emerge through coopting Page 2
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    • Article
      New market for HK
      29 1 CHANGES in Eastern Europe are unfolding a market of immense potential for Hongkong, according to a report by the territory's Trade Development Council Page 10
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    • Article
      Golden opportunity
      28 1 THAILAND'S armed forces chief has proposed setting up a special economic development zone in the 'Golden Triangle' drug-producing region bordering Thailand, Burma and Laos Page 11
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    • Article
      Call for solution
      27 1 US COMMERCE Secretary Robert Mosbacher has called for a speedy solution of bilateral trade problems which threaten to damage the USJapan partnership Page 12
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    • Article
      The debt hole
      34 1 THE US current account deficit sank to a five-year low last year, but the imbalance still pushed the country deeper into the hole as the world's largest debtor nation Page 13
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    • Article
      Ustinov at new stage
      22 1 FOR MOST PERFORMERS, there is nothing more daunting than a one-man show. Not for Peter Ustinov Page 21
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    • Article
      Quota questions
      36 1 NOW THAT the whole quota system has been accepted by everyone, perhaps it is time to look at the plight of the commercial vehicles lumped under the 'goods vehicle' category. Shipping rimes Page 14
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  • MARKETS SUMMARY
    • Article
      Dow Jones up
      32 1 PRICES of leading US shares opened higher yesterday with the Dow Jones index of 30 leading industrials gaining 1.12 points to 2,675.67 in the first five minutes of trading.
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    • Article
      Footsie up
      47 1 LONDON share prices were higher at mid-day yesterday. The Financial Times-Stock Exchange 100-share index was up 10.7 points, or 0.5 per cent, at 2,235.2 at about 1215 GMT. Shares were lifted by a handful of good earnings reports and a shortage of some blue-chip stocks.
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    • Article
      More on scrip mystery
      32 1 THE KLSE has revealed details of missing scrip and has ordered brokers to top up their capital to Ms2o million to boost confidcnce in the market Page 3
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    • Article
      Multi-Purpose stake
      27 1 THREE Malaysian parties arc eyeing a strategic 19.7 per cent stake in Malaysia's Multipurpose Holdings Bhd held by failed cooperative Kopcratif Serbaguna Malaysia. Page 3
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    • Article
      New Chase offering
      27 1 CHASE MANHATTAN Bank has announced plans to offer investments in commodity funds to institutional investors like pension funds and to wealthy individuals. Page 9
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    • Article, Illustration
      STOCK INDICES
      31 1 Thursday Change BT-MGA 780.47 -1.39 Kuala Lumpur ..3029.29 -0.16 Hongkong 2881.23 -6.39 Tokyo *****.13 -268 44 Sydney 1558.7 -1.90 Wednesday Change New York 2674.55 -12.16 London 2224 5 +1.70
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SSI.***** Yen SSO.OI2332 MS SS0.69I4 Money market rates Overnight 5 1/2 -13/16 3-month 6 5/16% unch
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    • Article
      COMMODITIES
      36 1 London Gold AM fix US$398.80 US$1.45 Rubber S'pore April. l57.00Vkg -1.25 M'sia April... M211 Vkg -0.1 KLTin Turnover 77 tonnes -22 Spot M$ 17.04/kg +0.18 Crude palm oil Turnover 1,096 lots +381 Mar M$691/tonne -9
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  • Article
    S'pore-Thai venture bags $200 m worth of jobs
    425 1  -  From Ranjit Gill in BANGKOK THREE SINGAPORE construction groups have teamed up with a leading Thai company to secure projects in Thailand. The joint venture, known as Siam Syntech Construction, has already bagged some Ss2oo million worth of contracts, which include the
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  • Article, Illustration
    Accolade for Icahn
    50 1 Donald Trump (right) may have a lot to shout about, but the man of the moment in New York on Tuesday was Carl Icahn (left). Ihe IWA chairman received the Starlight Foundation's Man of the Year award from Mr I rump in recognition of his charity work.
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  • Article, Illustration
    OUB Securities' director to join Ongco as MD
    430 1  -  By Conrad Raj THE ONG FAMILY'S control of its namesake stockbroking firm appears to be further loosening with the hiring of an outsider to head Ong and Company. Sources say that the broking firm has roped in Toh Thian Ser, currently executive
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  • Article
    Lock icon BOJ may raise discount rate
    208 1 Reuter SPECULATION is intensifying that the Bank of Japan (BOJ) will raise its discount rate soon after governor Yasushi Mieno returns from Europe today. "It is quite possible that they will announce it right away," said Toshiaki Kakimoto, chief economist at Sumitomo Bank, in Tokyo
    Reuter  -  208 words
  • Article
    Lock icon Presidential polls plan rejected in Moscow
    173 1 Reuter THE SOVIET Parliament yesterday rejected a bid by radicals for national elections to choose the country's first executive-style president. It backed Kremlin leader Mikhail Gorbachev's plan to have the legislature choose the president. The vote of 1,542 to 368, with 76 abstentions, virtually
    Reuter  -  173 words
  • Article
    Lock icon Govt securities market turnover falls sharply
    386 1 Reuter SINGAPORE'S government securities market is in the doldrums, due to poor yields, rising interest rates and a lack of liquidity. Dealers estimate daily turnover on the two-year-old market has fallen sharply over the past few weeks to less than last year's low of
    Reuter  -  386 words
  • Article
    No national referendum on elected presidency
    224 1 LEGISLATION providing for an elected president will be introduced before year's end and put before a select committee, not a national referendum, First Deputy Prime Minister Goh Chok Tong said yesterday in Parliament. Asked by opposition MP Chiam See Tong to explain the $1.65
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  • Page 1 Advertisements
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      262 1 gggl Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone 235 1333 Kuala Lumper Phone 75? 0233 PtiwnQ: Phone 615 985/619 014 Jakarta Phone 374 085/380 1472 j OBSESSIVE DRIVE IN JAPAN 14 GOLKAR'S FUTURE AFTER SUHARTO 16 NEW FIRM FOR TAXI-TOP ADS 18 Aircraft Schedule
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      Page 1 Advertisements Column 2
      51 1 Menstoch Quality before your eyes Entrepreneur extraordinaire, Pg 15 He*! J I! m .M At least there are a couple of fashionable things in life that never go out of fashion. i m Hi r» I ill I SEIKO INSIST ON SEKOS INTERNATIONAL GUARANTEE CERTIFICATE Man invrnird timr Srtko prrfmrd
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      4 1 More stories, Pg 2
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  • HOME NEWS
    • PARLIAMENT ROUNDUP
      • Article
        Strict rules on use of facilities
        105 2 SINGAPORE is taking a hard line on rules and regulations that US military personnel being stationed here will have to observe. Trade and Industry Minister Brigadier-General (Res) Lee Hsien Loong, who is also Second Defence Minister (Services), said that while the government wanted to
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      • Article
        Joint naval exercise off
        55 2 MALAYSIA has called off a planned bilateral naval exercise with Singapore. BG Lee said a naval exercise with Malaysia, codenamed Malapura, had been scheduled for April at the Royal Malaysian Navy Lumut headquarters' Tactical Training Centre. But it had been cancelled at the request of the
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      • Article
        Longer passport validity
        48 2 PASSPORTS of National Servicemen and reservists will have their validity extended to two years from June I. If this greater latitude and flexibility is not abused, BG Lee said the Defence Ministry could even consider further liberalising travel conditions attached to active and reserve militia.
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      • Article
        Contributions of reservists
        82 2 A SPECIAL committee is being formed to study ways to recognise and reward the contributions of reservists. The committee, to be chaired by Minister of State for Foreign Affairs, and Finance, Brigadier-General (Res) George Yeo, will comprise MP from the Government Parliamentary Committee for Defence and Foreign
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      • Article
        Concept plan for land use
        69 2 THE SECOND PHASE of the Concept Plan for land use will be completed this year. Peter Sung, Minister of State for Foreign Affairs and National Development, said yesterday that traffic testing and modelling are currently being done for the second phase. This is to make
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      • Article
        Upgrading HDB rental flats
        64 2 THE HOUSING and Development Board will retain some of its rental flats, and these will be upgraded to ensure that they are not eyesores. National Development Minister S Dhanabalan said "the problem really arises on the question of which blocks should be retained". Flats of poorer
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      • Article
        Parking heavy goods vehicles
        44 2 OWNERS of heavy goods vehicles may soon be required to show proof that they have overnight parking facilities before their road licences can be renewed. Mr Dhanabalan said that he would discuss the matter with the Communications and Information Ministry.
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    • Article
      No contest in accounting society elections
      396 2  -  By Anna Teo THE ELECTION to the council of the Institute of Certified Public Accountants of Singapore (ICPAS) next month will, like in the past two years, be a no-contest affair. Six of the eight ICPAS council members retiring this year under the provisions
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    • Article, Illustration
      Low Chang Hian charged with HK$ 7m offence
      378 2  -  By Conrad Raj LOW CHANG HIAN of Ka Wah Bank notoriety was yesterday charged at the Subordinate Courts with corruptly asking for HK$7 million from Malaysian businessman Lim Guan Teik. He was alleged to have asked for the money as a reward
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    • Article
      Three offer recycling services
      126 2 THREE COMPANIES have joined forces to offer recycling services to the electronics sector which has been hardpressed by a worldwide move to reduce the use of ozonedepleting chemicals, or chlorofluorocarbons (CFC). They are local companies Technochem and Drex-Chem Trading and US-based Al-lied-Signal Inc, an engineering solvent
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    • Article
      HDB to focus on good public housing
      326 2 THE HOUSING and Development Board will be focusing more sharply on its core function building good public housing. National Development Minister S Dhanabalan said in Parliament yesterday that the HDB does not have new functions or directions. He was speaking in response to
      326 words
    • Article
      Navy to get new base at Tuas
      165 2 A NEW naval base is under construction at Tuas to help ease the Navy's strain of operating under growing industrial activity and sea traffic at and around its present Pulau Brani headquarters, Briga-dier-General (Res) Lee Hsien Loong said yesterday. But the Trade and
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      135 2 Now it's even easier to fly free. j&LXw tA *sf Fly Northwest round trip to America and we'll give you a free flight anywhere we fly in Asia. World Perks, the world's easiest free travel program, just got even That also means that if you're not already a World Perks
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      MARKET SUMMARY
      268 3 Other indices Close Previous Net change Mar 14 Mar 13 BT Composite 1364.79 1 "i'?o BT-MGA 780.47 781.86 -139 ST Industrials 1564.81 1565 68 0 BT OB/OS ->63 -99 -64 BT CADI 54, 5 -5448 33 BT 10-dav MA -5354 -5337 STOBV +*****65 +*****65 -*****0 ST Finance 2637.86
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    • COMPANY BRIEFS
      • Article
        Burwill gets S'pore listing
        88 3 BURWILL HOLDINGS Ltd said the Stock Exchange of Singapore (SES) has approved in principle an application to list its shares on the bourse. Admission to the SES official list will be through an introduction for the whole of the company's issued share capital, Burwill said in
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      • Article
        Hotel Negara profit up sharply
        73 3 HOTEL NEGARA has reported a sharp increase in after-tax profit to $755,955 ($231,145) on turnover of $2.65 million ($2 million) for the year ended Dec 31, 1989. Earnings per share came to 10.1 cents (3.1 cents) and net tangible asset backing per share stood at
        73 words
      • Article
        Lower Kumpulan Guthrie profit
        84 3 KUMPULAN GUTHRIE Bhd, the plantations group, reported a 28.9 per cent drop in group pre-tax profit to M$ 155.69 million for 1989, mainly due to a decline in commodity prices. Group turnover, however, rose by 13.3 per cent to M 5910.06 million while investment and other
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    • Article
      More details on C & C's issues
      233 3 More details on C C's issues CYCLE CARRIAGE, distributor of Mercedes-Benz and Mitsubishi motor vehicles, has given further details on its rights and bond issues in its prospectus to shareholders. The company is raising about $166.25 million from a two-for-five rights issue of 50 million new shares at $2.10 each
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    • Article
      J Ballas singles out Metro as a medium-term buy
      671 3  -  MARKET TALK By Abdul Hadhi THE RETAIL INDUSTRY is expected to continue to experience a squeeze in profit margins despite a positive outlook for sales growth. Retail sales are expected to grow at a slower rate which reflects the slowdown in
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    • Article, Illustration
      Lock icon KLSE orders brokers to raise paid-up capital
      627 3 Agencies THE KUALA LUMPUR Stock Exchange (KLSE) has ordered stock brokers to raise their paid-up capital to Ms2o million to boost confidence in the stock market, which has been shaken by problems over missing share scrip. Nik Mohamad Din Yusoflf, executive chairman of
      Agencies  -  627 words
    • Article
      Jurong Shipyard clinches contracts worth $20m
      182 3 JURONG SHIPYARD secured two contracts totalling $20.5 million recently for conversion and major repairs on containerships. According to Jurong Shipyard, the first contract, worth $16.5 million, is to jumboise three cellular container vessels owned by the Costamare Shipping Co, which is the largest containership
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    • Article
      Three eyeing KSM's stake in Multi-Purpose
      284 3 THREE Malaysian parties are eyeing a strategic 19.7 per cent stake in Multi-Purpose Holdings Bhd held by failed cooperative Koperatif Serbaguna Malaysia (KSM) which is expected to come on the market by end-June, KSM's receiver said. KSM, which holds the stake through an investment
      284 words
    • Article
      EMS interim profit up 41pc
      212 3 ELECTRO-MAGNETIC (S) Ltd's after-tax profit rose by 41 per cent at half-time. It said yesterday that group after-tax profit rose by 41 per cent to $3.58 million for the six months ended Jan 31, 1990, compared with $2.54 million previously. At the pre-tax level, group
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      137 3 Since 1735 there has never been a quartz Bi.anc pain watch. And there never will be. Model shown *****418 58 Blanc paiN Faithful to the traditional art of watchmaking, each watch is still assembled, polished and finished by hand by the individual watchmaker. In all, only four ladies' watches and
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  • REGIONAL COMPANY NEWS
    • Article
      MARKET SUMMARY 2
      186 4 HONGKONG Indices Close Open High Low Volume Change Hang Seng Index 2,881 2,885 2,885 2,873 -6 Hang Seng Spot 2,910 2,906 2,915 2,906 223 -5 Close Previous Net Change Mar 14 Mar 13 Hang Seng Finance 2,034.82 2,054.61 -19.79 Hang Seng Utilities 3,574.32 3,579.03 -4.71 Hang Seng
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    • Article, Illustration
      Lock icon Good profit expected for Jardine-controlled units
      625 4 Reuter DAIRY FARM International Holdings Ltd, Hongkong Land Holdings Ltd and Mandarin Oriental International Ltd are expected to report good growth in net profits for 1989. But only one of the three companies controlled by Jardine Matheson Holdings Ltd has long-term appeal, analysts said.
      Reuter  -  625 words
    • Article
      Lock icon Japanese companies still doing well, says survey
      209 4 Reuter JAPANESE companies are continuing to perform well as capital spending, current profits and sales keep expanding, the Finance Ministry said in its quarterly business survey. "The Japanese economy is not overheated and is expected to keep growing smoothly," a ministry official briefing
      Reuter  -  209 words
    • Article
      Lock icon Trouble at two NZ media companies
      266 4 AFP NEW ZEALAND'S only pri-vately-owned television channel, TV3, controlled by NBC of the United States, is facing a crisis with a director warning losses may exceed forecasts. And in an unrelated development on Wednesday, more than 100 staff on the major evening newspaper, the
      AFP  -  266 words
    • Article
      Lock icon NTT unveils ambitious five-year programme
      111 4 AFP JAPAN'S Nippon Telegraph and Telephone Corp (NTT) yesterday unveiled an ambitious five-year programme aimed at boosting sales by 16.5 per cent to 6.7 trillion yen (US$44.l billion) by fiscal 1994. Haruo Yamaguchi, president of the partly-privatised telecommunications giant, said capital investment in the five-year
      AFP  -  111 words
    • COMPANY BRIEFS
      • Article
        Tokyo licence for fund manager
        67 4 HONGKONG fund manager Thornton Management (Asia) Ltd said the Japanese Finance Ministry had granted its Tokyo branch a licence to conduct investment advisory services in Japan. The company, a unit of Dresdner Bank AG of West Germany, said the licence would enable the Tokyo branch
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      • Article
        Cooperation on super plane
        104 4 •rTf'. Mitsubishi Heavy Industries Ltd (MHI) plans to make active efforts to develop a 75-seat passenger plane and space projects with Dasa, the Daimler-Benz group's aerospace division, Kyodo News Service reported. Kyodo said MHI chairman Yotaro lida revealed the plan in an interview with the Japanese
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      • Article
        US plan could endanger firm
        101 4 A MOVE by two US Congressmen to hlock acquisition of a major stake in US Titanium producer Titanium Metals Corp of America (Timet) by a Japanese group could jeopardise the US firm, Japanese group officials said. The Japanese group consists of Toho Titanium Co Ltd,
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      • Article
        Sumitomo raises final dividend
        85 4 SUMITOMO Metal Mining Co Ltd said it will raise its parent final dividend for the year to March 31 to six yen and will also pay a one yen commemorative dividend. The previous forecast was five yen plus the commemorative, compared with a dividend of six
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      • Article
        More Toyota cars for Taiwan
        96 4 TOYOTA Motor Corp will increase exports this year of passenger cars made by its wholly and partially owned US units to meet higher Taiwan demand. Toyota hopes to increase exports of Camry cars mad; at its Toyota Motor Mfg USA Inc (TMM), in Georgetown, Kentucky,
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      88 4 Lufthansa's Asian Commitment: Our fifth option to Frankfurt. ifc* Starting April. 1, Lufthansa gives you yet another non-stop 8747-400 flight. From Singapore to the heart of the new Europe, Frankfurt. That means you can now fly three times a week non-stop, and twice a week direct. It's all part of
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      Page 4 Advertisements Column 2
      124 4 an area of potential for business and trade possibilities, the Department of Trade Development of Western Australia is JjfrOi'gMwng a series of 7-day fully-conducted Business k Investment Tours. /v Jo (intern /ittrfn?/<fo Wt V. Vy/ Highlights of the tour include presentations on the Business Investment Programme and Education opportunities. Tourism
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      298 5 You can bank on the advice given by our property investment experts. ■■■■■■■■■Vl' 9 JONES LANG all wootton g |Ma!l achievers Whether you're looking to sell or buy a ment Committee even comprises the managing tation as "The Achievers". And some of our property for investments, consulting the in- director
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  • INTERNATIONAL COMPANY NEWS
    • Article
      MARKET SUMMARY 3
      96 6 NEW YORK Mar 13 Indices Close Previous Net Change Dow Jones 2674.55 2686.71 -12.16 NYSE Composite 185.25 186.51 -1.26 Standard Poor's 500 336.00 338.67 -2.67 Turnover (nearest'000) 145,440 114,790 30,650 LONDON Financial Times 30 1,755.6 1,751.8 +3.8 FTSE 100 2,224.5 2,222.8 +1.7 Turnover (nearest 000) 317,600 297,700
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    • COMPANY BRIEFS
      • Article
        Michelin confident
        29 6 COMPAGNIE Generale des Etablissements Michelin co-pres-ident Francois Michelin said he remains very confident the US government will approve the company's proposed purchase of Uniroyal Goodrich Tire Co.
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      • Article
        Chrysler in Austrian venture
        58 6 CHRYSLER chief Lee lacocca and Austrian Chancellor Franz Vranitzky on Tuesday laid the foundation stone of a new plant to produce Chrysler cars in Graz in southeast Austria, officials said. The plant, being set up in cooperation with semi-state-owned Austrian concern Steyr-Daimler-Puch, will be producing some
        58 words
      • Article
        British Aerospace profit up
        41 6 BRITISH AEROSPACE achieved a 28 per cent increase in pre-tax profits to £333 million in 1989 compared with £259 million a year earlier. Analysts had forecast profits ranging between £300 million and £330 million for the group.
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    • Article, Illustration
      Lock icon Caterpillar expects earnings to be under pressure
      530 6 Reuter CONSTRUCTION equipment manufacturer Caterpillar Inc is expecting earnings to be under pressure this year, even though its fears of a recession have eased slightly- "I think we feel a little bit better now that we are about finished with the first quarter,
      Reuter  -  530 words
    • Article
      Lock icon BOC plans to run its health care business separately
      277 6 AFP BRITISH industrial gases, health care and vacuum products company BOC Group has announced plans to run the health care side of its business separately. A stock market flotation of an unspecified portion of the business will follow the establishment of
      AFP  -  277 words
    • Article
      Lock icon Move to review key New York exchange rule
      299 6 Reuter OWING TO increased volatility in the securities markets over the last decade, the investigative arm of Congress is seeking a review of a key New York Stock Exchange rule that limits trading in listed securities to the Big Board or one
      Reuter  -  299 words
    • Article
      Lock icon Digital caught in US industry slump
      184 6 Reuter DIGITAL Equipment Corp, the second-largest US computer maker, is still caught in an industrywide slump despite doing very good business in Japan and Europe, says the company's president. "Business is very good in Japan and Europe, and terrible in this country," Kenneth Olsen,
      Reuter  -  184 words
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      182 6 It even tells the singles from the attached. Epson's new low-end LX-850 I 19-pin printer now comes with > I some very clever top-end features. Like the ever handy'paper park- I I ing'which easily switches between I continuous paper to single sheet I printing, instantly. E You could also engage
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      361 7 Until you read this II f II you wo n't know II what parts you're missing. Take a look at the shape you're driving in. ABS brakes eqmpment on all our mi Then there's the backbone If you were your how would you tare in f" of your car, its
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      39 8 ftw CHANG). UTA, The French Airline, flies to Paris every Tuesday and Friday, non-stop. French cuisine, French wines, French stewardesses are all on board, so why wait 'till you get there? Now, Paris starts at Changi. ■■■■M FRItCM MIHUtB
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  • FINANCIAL NEWS
    • Article
      Lock icon India's exporters lambast commercial banks
      168 9 AFP INDIA'S exporters have sharply criticised the country's commercial banks, accusing them of being slow, unprofessional, inefficient and unable to cope with the country's growing exports. The criticism was aired at a free-for-all discussion organised in New Delhi by the Federation of Indian Export Organisations
      AFP  -  168 words
    • Article, Illustration
      Lock icon US computer company deals Standard a US$ 110m blow
      578 9 Reuter STANDARD Chartered pic's provision against its US$llO million exposure to a troubled US computer company will hit the bank's efforts to strengthen its capital base and to boost investor confidence, analysts said. "This is another blow to Standard as it
      Reuter  -  578 words
    • SMALL CHANGE
      • Article
        Marubeni, Yasuda in tie-up
        73 9 MARUBENI Corp and Yasuda Fire and Marine Insurance Co Ltd have formed a joint London insurance brokerage, a Marubeni official said. Marnix Central Insurance Service Ltd, capitalised at £200,000, is owned 90 per cent by Marubeni and 10 per cent by Yasuda. It is expected to
        73 words
      • Article
        Manila's reserves take a dip
        63 9 THE Philippine Central Bank said its gross international reserves fell to US$l.63 billion at the end of February from US$l.B7 billion a year earlier and US$l.72 billion at the end of January. The level, equivalent to less than two months' worth of imports, is well
        63 words
      • Article
        DG Bank vice-chairman quits
        70 9 THE DG Bank row claimed its first board member victim with the resignation yesterday of the vice-chairman and director in chaige of securities business at the Frankfurt bank. Mr Karl-Herbert Schneider-Gadicke, 58, said he was assuming "political responsibility" for the disputed securities trades and was resigning
        70 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 9 Dollar$ Non$en$e
        2 words
    • Article
      Lock icon Chase offers investment in commodity funds in the US
      542 9 NYT CHASE Manhattan Bank announced plans yesterday to offer investments in commodity funds to institutional investors like pension funds and to wealthy individuals. Chase officials said the bank was the first to propose entering the commodity-fund business. The step is another
      NYT  -  542 words
    • Article
      Malaysia's leasing has good potential
      142 9 LEASING in Malaysia has good potential for further growth considering that this form of financing currently accounts for only 2 per cent to 5 per cent of total gross capital formation against 30 per cent in the United States, 20 per cent in Britain and
      142 words
    • Article
      Lock icon Great Eastern top life insurance firm in Malaysia
      363 9 Bernama SINGAPORE-BASED Great Eastern Life Assurance Co Ltd (GE) was the top revenue generator among life insurance companies in Malaysia in 1988/89, according to the 1989 report of the directorgeneral of insurance (DGI). Gfc's total revenue of M$ 1.701 billion reported for
      Bernama  -  363 words
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      Page 9 Advertisements Column 1
      141 9 FOR SALE B Y TENDER UNION INDUSTRIAL BUILDING 37 JALAN PEMIMPIN, SINGAPORE PRIME FREEHOLD INDUSTRIAL BUILDING Tender Closing Date: 27 March 1990 7-storey flatted factory building complex with approx. gross floor area 23,186 sq m (249,574 sq ft) Freehold site area of 7,233 8 sq m (77,864 sq ft) Current
      141 words
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      Page 9 Advertisements Column 2
      465 9 FIRST COMMERCIAL BANK" (Incorporated with limited liability in Taipei,Taiwan,R O C.) BOARD OF DIRECTORS Chairman of the Board Hiiao-Ao Managing Director* Kuang-Rue» Htm, K.H. I J. P.C. Ld, TiwMio C hen. Directors Kenneth B.K. Tmh. Victor K. < hang. Tiyj-ln* CWn, W.P. T/rnf. P L l int. T V Wu.
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  • THE REGION 1
    • Article
      East Bloc big potential market for HK
      392 10 THE RAPID political and economic changes in Eastern Europe are unfolding a market of immense potential for Hongkong, although the reforms may not eliminate foreign currency deficiencies in the short run, according to the latest research report published by the Hongkong Trade Development
      392 words
    • Article
      Lock icon Philippine trade deficit sharply higher in January
      394 10 Reuter THE PHILIPPINES' trade deficit swelled in January largely because of a poorer than expected performance by the export sector. The trade gap stood at U*****.60 million in January, more than double the year-earlier level of US$l2B.ll million and was sharply higher than
      Reuter  -  394 words
    • Article
      Lock icon 'Manila growth hurt by tax problem'
      214 10 AFP PHILIPPINE economic growth targets are threatened by the failure of Congress to enact laws aimed at raising tax revenue, Philippine Finance Secretary Jesus Estanislao said in Manila yesterday. Manila had banked on the approval of US$l billion in new money from commercial creditors
      AFP  -  214 words
    • Article
      Lock icon M'sian lessors given tips on survival
      203 10 Bernama THE MALAYSIAN leasing industry has been told that its continued survival depends on the leasing fraternity finding "sensible and pragmatic solutions" acceptable to the authorities to a cope with a number of problems plaguing the industry. In a paper presented at the ninth
      Bernama  -  203 words
    • Article
      Lock icon Indonesia gets Bonn loan
      103 10 AFP WEST GERMANY yesterday gave Indonesia 130 million deutschemarks (US$76 million) in soft loans. The Indonesian Foreign Ministry said in Jakarta that the aid was part of Bonn's commitment first pledged at the meeting of the InterGovernmental Group on Indonesia, a consortium of Western aid donor
      AFP  -  103 words
    • Article, Illustration
      The strong arm of the law
      38 10 Truncheon-wielding military police in Taipei fought assemblymen from the opposition Democratic Progressive Party who tried to enter the National Assembly on Tuesday after the politicians refused to take an oath of allegiance.
      38 words
    • Article
      Lock icon Malaysia's investments in US soar
      264 10 Bernama MALAYSIA'S investments in the US increased to US$B4 million in 1988 following a low US$9 million in 1987, said the Association for International Investment (AFII). AFII president Samuel Rosenblatt said in Washington on Tuesday that the decline in Malaysia's direct investment in the US
      Bernama  -  264 words
    • Article
      Lock icon Criterion for expansion
      118 10 Bernama NEW INVESTMENTS in the oleochemicals industry must be geared towards the production of downstream products or oleochemical derivatives and not basic oleochemicals, the Malaysian Ministry of Trade and Industry was told on Tuesday. Priority of expansion in basic oleochemicals should be given to existing manufacturers which
      Bernama  -  118 words
    • NOTE BOOK
      • Article
        Lock icon New Zealand foreign debt falls by NZ$ 800m
        83 11 AFP NEW ZEALAND owed NZ546.6 billion (U5527.4 billion) to foreign creditors on Sep 30, 1989, government statistician Steve Kuzmicich said in Wellington yesterday. His figures indicate that the figure has fallen by NZ$BOO million (US$47O million) against the revised December 1988 figure.
        AFP  -  83 words
      • Article
        Lock icon Shy tycoons in Malaysia
        68 11 Bernama ONLY TWO PEOPLE last year declared incomes of more than Msl million in Malaysia. Malaysian Finance Minister Datuk Paduka Daim Zainuddin told Parliament on Tuesday that the two were listed by tax officials as a businessman and a lawyer in Peninsular Malaysia. He said that
        Bernama  -  68 words
      • Article
        Lock icon Iran seeks KL help on tourism
        63 11 Bernama IRAN, in the midst of reconstructing its war-ravaged economy, is asking for Malaysia's help to rebuild its stagnant tourism industry. Iran's request for Malaysian collaboration in tourism was made by its visiting Deputy Culture and Islamic Guidance Minister A Haji to Malaysian Deputy
        Bernama  -  63 words
      • Article
        Lock icon Imelda Marcos to go on trial
        111 11 Reuter IMELDA MARCOS, wife of ousted Philippines president Ferdinand Marcos, will go on trial in New York on March 20, charged with turning her country's treasury into a personal treasure trove. The trial of Mrs Marcos also involves Saudi arms dealer and financier Adnan
        Reuter  -  111 words
      • Article
        Lock icon Rangoon promises clean polls
        67 11 AFP BURMA'S ruling State Law and Order Restoration Council leader, General Saw Maung, has said that his administration will organise "free and fair" general elections in May. General Saw Maung said in an interview in Rangoon on Tuesday that the ruling council's responsibility was to arrange
        AFP  -  67 words
    • Article, Illustration
      Lock icon Trade plan for Golden Triangle
      455 11 AFP THAILAND'S armed forces chief has proposed setting up a special economic development zone in the "Golden Triangle" drug-producing region bordering Thailand, Burma and Laos. General Chaovalit Yongchaiyudh, who made a one-day visit to Rangoon for talks with Burma's military leader General Saw Maung and
      AFP  -  455 words
    • Article
      Lock icon Bangkok launches relief drive for drought victims
      345 11 AFP THE THAI government has launched a large-scale relief operation to aid victims of drougHt besetting about 30 provinces in the country. Interior Ministry officials in Bangkok said on Tuesday that more than a thousand trucks carrying water were dispatched to areas where
      AFP  -  345 words
    • Article
      Lock icon New UN offer for Phnom Penh
      218 11 Reuter THE UNITED NATIONS Security Council has urged the various Cambodian groups to agree to set up a council that will effectively replace the present Phnom Penh government in the runup to elections. Diplomats close to the meeting in Paris on Tuesday said participation
      Reuter  -  218 words
    • Article
      Lock icon US urged NZ to rejoin alliance, says minister
      322 11 AFP US SECRETARY of State James Baker earlier this month urged New Zealand to rejoin its military alliance with the US and Australia. Replying to a question in Parliament from opposition leader Jim Bolger yesterday, New Zealand Foreign Minister Mike Moore disclosed
      AFP  -  322 words
    • Article
      Lock icon Joint probe into secret Korean tunnel
      157 11 Reuter THE US-LED United Nations Command yesterday accepted in principle a North Korean proposal for a joint investigation into a newly found "invasion" tunnel under the border dividing the Korean Peninsula. At a meeting of the Military Armistice Commission in Panmunjom, chief UNC delegate
      Reuter  -  157 words
    • Article
      Lock icon Chinese ships sent to Spratly waters
      175 11 AFP CHINA has for the first time sent trawlers to the rich fishing grounds in the disputed Spratly islands to demonstrate its claimed sovereignty in the South China Sea archipelago. A pro-Beijing newspaper in Hongkong said yesterday that four large fishing trawlers left on
      AFP  -  175 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      46 10 Leyland DAF proudly announce the appointment of REGENT MOTORS LTD as exclusive distributors for Leyland and DAF trucks, buses and spare parts in Singapore. Regent Motors Regent Motors Limited 475 Tanglin Halt Road, Singapore 0314. Telephone: *****88. Telex: RS 38 543 REMO. Fax. *****73. LEYLA^ 4
      46 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      74 11 We would like to thank Leyland DAF for the confidence they have expressed in Regent Motors. We are proud to be appointed as their exclusive distributor for the complete range of Leyland and DAF vehicles. ~'C W? Regent Motors A member of the Sime Darby Group 475 Tanglin Halt Road,
      74 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Quick solutions needed before relations are hurt: Mosbacher
      297 12 Reuter US SECRETARY of Commerce Robert Mosbacher yesterday called for speedy solution of bilateral trade problems which threaten to damage the US-Japan partnership. Mr Mosbacher, who arrived in Tokyo on Tuesday night for talks with senior Japanese government officials and private business
      Reuter  -  297 words
    • Article
      Lock icon Japanese firms join Boeing jet project
      155 12 NYT MITSUBISHI Heavy Industries Ltd said yesterday that it and two other major Japanese industrial firms plan to accept an invitation from the Boeing Co to assist in the development of a new passenger jet, the Boeing 777. Mitsubishi and the other two companies,
      NYT  -  155 words
    • Article
      Lock icon Indian business sector awaits policy clues
      355 12 AFP INDIA'S new government will present its first annual budget to Parliament next week, and the country's business sector is anxiously awaiting the clues it should provide to economic policies. The budget will be the first concrete indicator of the long-term policy objectives of
      AFP  -  355 words
    • Article
      Lock icon European c'wealth emerging, says UK don
      225 12 AFP SIR MICHAEL HOWARD, the head of the International Institute of Strategic Studies (1ISS) in London, said on Tuesday that a "European commonwealth" is emerging from the collapse of what he called the Soviet empire in central Europe. And if the North Atlantic Treaty
      AFP  -  225 words
    • Article
      Lock icon EC to present Gatt dispute proposal
      222 12 Reuter THE European Community executive approved a proposal to tighten disputes procedure in the world trade body Gatt at its weekly meeting in Strasbourg on Tuesday. The executive commission said its proposal would introduce an appeals procedure in disputes alleging violation of General Agreement
      Reuter  -  222 words
    • Article
      Lock icon Lithuania would be hard put cutting economic ties
      206 12 Reuter THE BALTIC REPUBLIC of Lithuania declared its political independence in an evening, but even if Moscow accepts the decision it will take much longer to cut economic ties with the Soviet Union. A recent Lithuanian parliamentary study showed the republic of
      Reuter  -  206 words
    • Article
      Lock icon US largest debtor with US$ 105b imbalance
      486 13 AFP THE US government said on Tuesday that the deficit in the broadest measure of US foreign trade sank to a fiveyear low last year, but the U*****.9 billion imbalance still pushed the country deeper into the hole as the world's largest debtor
      AFP  -  486 words
    • Article
      Lock icon Bush rejects key portions of deficit plan
      327 13 NYT PRESIDENT George Bush took issue on Tuesday with the main elements of Congressman Dan Rostenkowski's plan for cutting the deficit, those that would raise taxes and lower social security benefits. But at a news conference where he announced a proposal to give
      NYT  -  327 words
    • Article
      Lock icon Record investment
      170 13 AFP FOREIGN direct investment in the United States hit a record high last year the fourth consecutive annual record of U*****.1 billion, a US trade association said on Tuesday. Foreign ownership of US businesses, commercial real estate and other tangible assets rose by US$6l.3 billion in 1989, and
      AFP  -  170 words
    • Article, Illustration
      Hail to the new lady chief
      51 13 HAITI'S Commander for the Army, Ma-jor-General Herard Abrahams (left), shaking hands with new civilian President Ertha Pascal-Trouillot at her swearing in at the presidential palace. Mrs PascalTrouillot will run the government until new elections are held. She is the only woman in the Supreme
      51 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      447 12 GOOD IDEAS KEEP COMING UP Uh-0h... A fax message is coming in. In the middle of it all the paper jammed (or ran out) You're expecting an important call after office hours. How to let the caller know where he can reach you Your client dials your faxphone number and
      447 words
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  • WORLD WATCH
    • Article
      Britain records first invisible trade deficit
      65 13 BRITAIN, in the last three months of 1989, recorded its first quarterly deficit in so-called invisible trade since such data was first collated in 1955, the government said on Tuesday. Central Statistical Office figures showed payments in the last quarter of 1989 for invisibles,
      65 words
    • Article
      New Indian birth control plan
      78 13 PRODDED by social scientists' fears of impending demographic catastrophe, the Indian government is preparing to decentralise the administration of population control programmes, which have failed to curb runaway growth in the world's second-most-populous nation. In a recent closed-door meeting, Prime Minister V P Singh told
      78 words
    • Article
      Hawke is ahead, say polls
      89 13 PRIME MINISTER Bob Hawke's Labour Party has stretched its lead over the conservative opposition for Australia's March 24 general elections, according to two opinion polls published yesterday. A Morgan Gallup Poll in The Bulletin magazine showed support for Labour up one point to 43 per
      89 words
    • Article
      East Germany wants Schmidt
      65 13 EAST GERMANY'S Social Democratic Party, tipped to win the country's first free elections on Sunday, wants former West German Chancellor Helmut Schmidt to serve an an adviser to the new government that emerges from the vote. Ibrahim Boehme, the party's leader, made the announcement to journalists
      65 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      93 13 No.l EWART PARK, SINGAPORE Tender Closing on 28 Mar 1990 Freehold land area r 48,706 sq ft Existing bungalow J 6,000 sq ft built-up, nf^ in tenantable i t \C condition with a J W": swimming pool jl/ZT^-^s \V\ tennis court For sale in total or Entire site can be
      93 words
    • Advertisement
      Page 13 Advertisements Column 2
      206 13 MJ i If. rfcgpfc;- ff&J* kx fV%W y r 4 rBUB «BH^B55BlflH mb .wfc.♦ 1.» i fts i ®7Mo«» $**>**« vo* When I won the Tchaikovsky competition, I was thrilled. Later came the Avery Fisher prize. I was overjoyed. Now I play a Stradivarius on the concert stages of the
      206 words
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  • Article
    SES, KLSE must stop the game of one-upmanship
    480 14 EDITORIAL THE KUALA LUMPUR Stock Exchange may like to pretend that Clob International does not exist but it cannot ignore the problems that the split of the two exchanges has engendered. Neither can the Stock Exchange of Singapore. The problem of missing
    480 words
  • WHAT THE OTHERS SAY
    • Article
      The hand on the tiller
      250 14 IN THE past year, few followers of parliamentary proceedings could have failed to notice the new style and mood in the Chamber. Compared with previous parliaments, debates now are livelier, arguments better put, and members more vocal. Substance, there is too, thanks to the Government
      250 words
    • Article
      Wither US patience?
      114 14 ONE CONSTANT in the Middle East equation over the last several years has been the question of how long American patience with Israeli intransigence can be stretched. The drama being played out this week within the Israeli coalition government over plans to hold talks with Palestinian representatives
      114 words
    • Article
      Lithuanians' signal
      110 14 WITH LITHUANIA declaring itself independent of the Soviet Union, two questions come to mind. First, how will Mikhail Gorbachev react? Secondly, which of the other Baltic republics is likely to follow suit? Of course, no Baltic republic will choose to stay within the Union. Take Latvia and Estonia
      110 words
  • REGIONAL VIEWPOINTS
    • Article
      Hussein hasn't changed
      151 14 THE PERSIAN GULF is not renowned for governments that are tolerant of opposition, but even in such undistinguished company, the regime of President Saddam Hussein of Iraq stands out. President Hussein has shown himself ruthless with those he perceives to be his enemies, and the death sentence
      151 words
    • Article
      Chavalit's border mission
      148 14 TOMORROW, Army chief General Chavalit Yongchaiyudh will lead a large delegation on an official visit to Rangoon. On Friday, he will lead another delegation on a similar visit to Vientiane. And later this month, he will visit Hanoi. This is rather unusual, given that General Chavalit has
      148 words
    • Article
      In pursuit of equity
      145 14 FINANCE MINISTER J B Sumarlin proposed another way to enhance equity development when he suggested last Friday that the success of a businessman or corporate manager in Indonesia also be measured by the number of jobs he creates and not only by the profits he makes.
      145 words
  • Article, Illustration
    Lock icon An obsessive drive takes hold in Japan
    847 14  -  Car imports in Japan are booming, but dark clouds line the horizon, says Mane O'Neill Mark O'Neill Reuter SHUJI ABE, 40, head of a Tokyo film production company, used to drive a Toyota Crown but has just bought his second BMW for a
    Reuter  -  847 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      177 14 Visit The Oriental, Singapore for a taste of traditional British cooking. t T H E O R I E NT A L SINCAPORE 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
      177 words
  • Page 14 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Real estate venture giving Amex a real headache
      740 15  -  Amex's foray into real estate has been a costly affair. Eric Berg examines whether an off-loading of its property lame-duck is on the cards. Eric Berg NYT American express Co's dabble into real estate in the 1980s is proving to be one
      NYT  -  740 words
    • Article, Illustration
      Entrepreneur extraordinaire
      1125 15  -  Ranjit Gill profiles Thailand's Man of Steel Ranjit Gill HIS spartanlyfurnished office overlooks a warehouse piled sky high with thousands of rolls of coiled steel plate, sufficient to reinforce several high-rise buildings with. But the cluttered view suits Asean's "King of Steel" Somsak Leeswadtrakul just fine, and according
      1,125 words
    • Article, Illustration
      Lock icon Western businessmen find the going tough in Moscow
      781 15  -  The business fever engendered by perestroika is in for a cooling-off period as Western investors discover. Stephen Jukes reports. Stephen Jukes Reuter FOUR WEEKS after McDonald's brought fast food to Moscow, the average queuing time for hamburgers is still about two hours
      Reuter  -  781 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      172 15 SINGAPORE DOLLAR DEPOSIT RATES OFFERED TO NON-RESIDENTS OF SINGAPORE 1 Month 5.875 p.a. 2 Month 5.875 p.a. 3 Month 6.0 p.a. 6 Month 6.0 p.a. Minimum Deposit 5GD250.000.00 Westpac Deposits for Australian and US dollar start as low as $10,000.00 for terms of 1.2.3,6.9 12 months. You can also place
      172 words
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  • FOCUS 1
    • Article, Illustration
      Indonesia: secularism works well
      1043 16  -  There is no economic development without political stability. In Indonesia, secularism provides the basis of that stability, says David Chew in a review of a recent book on the Indonesian political system. David Chew POLITICAL stability is a crucial factor in economic development. This has become
      1,043 words
    • Article
      What are Golkar's chances of survival after Suharto?
      552 16 Excerpts from the book IT IS quite clear that since 1971, Golkar has been transformed from a mere loose federation to counter the Partai Komunis Indonesia (PKI or Communist Party of Indonesia) to a political party which is used as an electoral
      552 words
    • Article
      Lock icon Aquino to advertisers: Women are not sex objects
      148 18 AFP PHILIPPINE President Corazon Aquino, the first woman president in Southeast Asia yesterday said that several advertisers portrayed women as sex objects to draw attention to their products. "I would like to point out to you that there are still several complaints
      AFP  -  148 words
    • Article, Illustration
      Scotts' Jumabhoys move into taxi-top ad business
      325 18  -  ADVERTISING MARKETING EDITED BY IQH HUI YIN By Sangeeta Mulchand ADVERTISERS who have been on the lookout for outdoor advertising opportunities will find an ally in Transit Ads, a company formed by Scotts Holdings' Jumabhoy family. The Jumabhoys' first for- ay into advertising,
      325 words
    • Article
      Lock icon Saatchis to take 30pc pay cut to help company
      360 18 Reuter NYT MAURICE and Charles Saatchi, who built a world advertising giant bearing their name, are to take a 30 per cent pay cut to help the company through tough times. But angry shareholders at the annual meeting of the giant
      Reuter; NYT  -  360 words
    • Article, Illustration
      First on the Wall
      45 18 DETHRONED as the world's biggest advertising agency, Saatchi Saatchi is determined to prove it can make it to No 1 in other ways. Its poster on the eastern side of the Berlin Wall, next to the Brandenberg Gate, says if all.
      45 words
    • Article
      LINESCOPY
      236 18 BRITISH Airways will launch a television ad here on Sunday that will surely catch the imagination of viewers. Made by Chariots of Fire director Hugh Hudson, the $40 million worldwide campaign depicts people coming together in creative ways to put across the message: "Every year from all around the
      236 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      149 16 H VALENTINO BOSS BENELLI SHOP UTI 188 1 ■> CLU. >. ""Y THf OICKSON SHOP v Vfk' jK Certainly arling, but ou'll have to ix for it first. j j GIANNI VERSACE c KRIZIA ST,AN O.OR GUCC. O F ITALY lEL FACCONABLE Membership Has Its Privileges". ■■■H If you're one
      149 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      132 17 i *-4f. t-.. ">&**< m s :v r*■ ®s H, v-'wi ICL DRS 6000 SPARC RISC UNIX' SYSTEM V RELEASE 4.0 V Take the latest SPARC/RISC technology and design a the market. So you get all the benefits of current UNIX powerful multiprocessor architecture. Combine it with the implementations in
      132 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      333 18 H3 BECTHfI CSItTII IIHJIHX IEMTITII CttP Advertisements in IZVESTIA are more than just advertisements. There's now a direct route for business wih the East. Advertisements in IZVESTIA, the largest daily paper n the Soviet Union, are directed at the most important decision makers r Soviet business and produce immediate inquiries.
      333 words
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  • SPORTS
    • SIDE LINES
      • Article
        Lock icon Japanese buying Palmer's golf facility
        121 19 AP A GROUP of Japanese investors is buying Arnold Palmer's Bay Hill Gub and various commercial services by the veteran golfer, including appearances and golf-course design. Palmer, who is majority owner of the exclusive Orlando golf facility and lodge, would not disclose details of the
        AP  -  121 words
      • Article
        Lock icon Ottey's real fast
        116 19 AFP JAMAICA'S Commonwealth Games double sprint champion Merlene Ottey ran the fastest women's 60 metres this year at an indoor meeting in Madrid on Tuesday. She zipped home in 7.oBsec, fifth fastest ever, while Moroccan stare Said Aouita and Brahim Boutayeb strolled to victory. Multi-world record holder
        AFP  -  116 words
      • Article
        Lock icon Phoenix for Super Bowl
        123 19 AP PHOENIX won out over Los Angeles and San Diego and was awarded the 1993 Super Bowl by the National Football League owners on Tuesday. Commissioner Paul Tagliabue said the owners voted in part to play football s annual championship game in Phoenix because of a
        AP  -  123 words
      • Article
        Lock icon New York beaten again
        116 19 AP SHAYNE CORSON scored twice, including the tie-breaking goal with 4:34 left, as the Montreal Canadiens beat New York 4-2 on Tuesday night and extended the Islanders' winless streak to 13 games in the National Hockey League. The Islanders, who have not won since a 4-3
        AP  -  116 words
      • Article
        Lock icon On the war path
        115 19 AP HUNDREDS of English and Dutch soccer hooligans are planning a campaign of violence at this summer's World Cup contest in Italy, the head of the British police's National Football Intelligence Unit said on Tuesday night. Police Superintendent Adrian Appleby told Britain's Independent Television News that
        AP  -  115 words
      • Article
        Lock icon Who's the best skipper?
        111 19 AP •TEN OF THE world's best match-race skippers are entered in !the 26th annual Congressional Cup series, which began yesterday off the coast of Long Beach, California. Among the top contenders are Peter Gilmour of Australia, the winner of the 1988 series, and Chris Dickson of
        AP  -  111 words
    • Article
      Lock icon Douglas is in no hurry to defend heavyweight title
      335 19 AFP •JAMES "Buster" Douglas, who knocked out Mike Tyson last month, will not defend his world heavyweight boxing championship before September whatever the outcome of promoter Don King's lawsuit. John Johnson, the boxer's manager, said in Washington on Tuesday that they
      AFP  -  335 words
    • Article
      Who will win the Epson S'pore Open?
      467 19  -  By Charles Savage LAST WEEK was certainly an impressive start to the bird-hunting season at the Singapore Island Country Club five golfers carded 66s in the Rolex Masters. Today, the curtain rises on the Epson Singapore Open but fickle Bukit has spurned her
      467 words
    • Article, Illustration
      Lock icon Schneider out of the running for world slalom title
      316 19 AP DISASTER STRUCK reigning women's World Cup champion Vreni Schneider of Switzerland some 15 seconds into the second of two slalom runs in Vemdalen, Sweden. Schneider lost her rhythm, fell and was out. Switzerland's head coach, Jan Tischhauser, said after Tuesday's
      AP  -  316 words
    • Article
      Lock icon Hadlee's last Test at home
      120 19 Reuter CHAMPION New Zealand pace bowler Richard Hadlee's last home Test will be a shortened affair, with torrential rain in Wellington over the past two days sure to delay the start of a one-off Test match against Australia today. Officials were earlier talking of abandoning
      Reuter  -  120 words
    • Article
      Lock icon James chalks up stylish victory
      253 19 AFP STEVE JAMES joined a select band of players who have reached the semi-finals of three consecutive world ranking snooker tournaments in Lyons on Tuesday night. The world number 16 earned his place in the last four of the £200,000 European Open with a stylish
      AFP  -  253 words
    • Article, Illustration
      Lock icon Roche out of Tour of Spain, Milan rallies
      300 19 Reuter STEPHEN ROCHFs racing programme has been cut so that he can save himself for an attempt on a second Tour de France triumph. The Irishman is out of Saturday's Milan-San Remo World Cup classic and will also miss next month's Tour
      Reuter  -  300 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      27 19 EPSON SINGAPORE OPEN GOLF CHAMPIONSHIP. I (AN EXCLUSIVE EVENT NOW OPEN TO THE PUBLIC). Bukit Giurse. Singapore Island G>untry Club. Tce-off at 7.15 am. Admission is free.
      27 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      859 20 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... 1 1 DELICIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treaLs for all lovers of Italian food. SOL'P AND SALU) light eaters can now select from a variety of four homemade soups and help themselves to our ever
      859 words
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      Page 20 Advertisements Column 2
      285 20 I KIWI FARE I IS A GREAT AFFAIR I H The Mandarin Singapore presents the n In Favours of New Zealand from 7— 17 H Mar '90. Chef Anthony Smith from H H smw New Zealand will demonstrate the H N multi-cultural versatility of lamb in his award- H n
      285 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      565 20 TELEVISION AND RADIO a 1 11 sucft 280 A ,ay wsmsmm 21 .A. very lons W3.IK *,<*..».,<s« sisxt <«• **«>- mHz,n u u college's rival football teams 5.30 Lazar Tag. 7.10 am, 9.25M1, 1.30pm, n Wait Up ls about mascot and keep it until after 6.00 Regional News (M). 5.30pm,
      565 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Truth, Satan and Peter Ustinov
      1010 21 With the blood of many nations coursing through his veins, Peter Ustinov seems to be on several continents all at once IHT FOR MOST performers, there is nothing more daunting than a one-man show. For Peter Ustinov, the most protean of mortals, being only one
      IHT  -  1,010 words
    • Article
      Lock icon 'Smart' cars may change entire concept of driving
      539 21 Reuter SMART CARS packed with sophisticated radar systems, "automated chauffeurs" and "head-up" windscreen displays may make driving a car in the 21st century an entirely new experience. Engineers are beginning to design what they call intelligent vehicle highway systems "smart" cars and
      Reuter  -  539 words
    • Article
      New casino to open without its Trump card
      259 21 CHATTERBOX IT LOOKS as if the opening of Atlantic City's newest casino will have to do without an appearance by America's newest tabloid sensation as Maria Maples has pulled out. Maples, whose relationship with billionaire Donald Trump has been the subject of
      259 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      260 21 AND ENTERTAIN Just Your Cup Of Tea. Teatime at Cafe-in-the-Park is a delight: a generous buffet spread of oven-fresh pastries, scones and other teatime treats, accompanied by exquisite blends of tea and coffee. Afternoon Tea: Monday to Friday. From 3pm to spm. $9.50 per person. C enturv Park Sheraton Singapore
      260 words
    • Advertisement
      Page 21 Advertisements Column 2
      71 21 Frisco ■restaurant Frisco ofler the finest continental cuisine with cosy, friendly ambience. EXCLUSIVE BUSINESS LUNCH 11.00 am to 2.30pm Set Lunch $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 are
      71 words
    • Advertisement
      Page 21 Advertisements Column 3
      388 21 The art of doing business. Fourchettes Business Lunch. At Fourchettes Grillroom, one of Singapore's finest business lunches awaits. The freshest oysters. Goose Rillettes and other appetizers. Main courses from the Grill, or Roast US Prime Rib from the Canery. Accompanied by the most exquisite Desserts, Teas and Coffers At just
      388 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares fall marginally as investors remain passive
      3584 22  -  By Lim Mui Khi WITH NO HOPE in sight for a recovery in Tokyo share prices and little cheer from the Malaysian side on the missing scrip problem, the local market languished again yesterday. Dealers said most investors preferred not to increase their
      3,584 words
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  • STOCK EXCHANGE OF SINGAPORE 2
    • Article
      Bargain hunters pick up Malaysian blue chips
      2916 23  -  By Lim Mui Khi BARGAIN HUNTERS took advantage of the price falls of the last two days and picked up Malaysian blue chips and low-priced issues. Overall sentiment remained poor as uncertainty persisted over the weak Tokyo market and the unresolved problem of
      2,916 words
  • Article
    BONDS, LOANS AND WARRANTS INFORMATION SERVICE
    842 23 Company Expiry/ Coupon Conversion period Interest CoortrUon term for one ordinary aMtarity payable share date CjuMwiy Loan 1994 6 Dec 31 Cawoway M 1994 Oct 2, 1989 to Oct 20. 1994 1 warrant plus $1 cash or 1 warrant plus $1 nominal amount of
    842 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Investors still cautious
      3379 24 MBT THE KUALA LUMPUR stock market closed steadier yesterday as bargajphunting alternated with profit-taking amid directionless trading. Dealers said the developments in the Tokyo stock market continued to have a strong influence on the local bourse. Investors were also cautious while awaiting reports from the KLSE on
      MBT  -  3,379 words
  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS DUE
      730 24 Singapore Stocks Last Year Company Period Date Yea Net EPS Gross Net announced endtaf (cents) <h profit last year (TOO) 8MT Interim ten 27 Jun 90 169.6 100.0 516 Guthrie GTS Final Feb 22 Dec 89 U17L betan Final Feb 28 Nov 89 391 10.0 11.728 ICS Final
      730 words
    • Article
      DIVIDENDS ANNOUNCED
      472 24 Current Ei Books Date Total tor Total lor payment date dose payaNo the yoar last year Fund USlOC(b) Mar 7 Mar 19 Mar 26 US10( Attn, 151TE Feb 28 Mar 12 May 15 25%TE 25%TE BAT 909%(n) Apr 6 Apr 19 May 3 1227V") 7?% Barjaya Corpn 5*
      472 words
    • Article
      APPROVED ISSUES
      368 24 Company Rights Issue MM One tor tour Q M$2 40 per shaft Ei date Mar 8 Books dose Mar 22 Acceptance 4 Payment NYA Bousteadco One-tor three w, $115 per share Eidate Ian 19 Books dose Feb 1 Acceptance Payment Mar 19 ctc Tw&tor trve fe $210 per
      368 words
    • Article
      PROPOSED ISSUES
      287 24 Company Rights Issue EflUnrtw Three tor tour fe MS2 30 pet shaft Hp* Qnetor-one <& SI85 per shaft a Kti*ti Issue of 27m loan stocks m the ratio of S3 loan stock tor every five ordnary shares hek) F*C8 One-tor-one fe MS0 60 per share fiber Mertr One
      287 words
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  • Tokyo shares close broadly lower after fluctuating
    • Article
      HONGKONG
      1094 25 HONGKONG share prices ended easier in healthy turnover yesterday. The Hang Seng index fell 6.39 points to 2,881.23 and the broader-based Hongkong index 2.9 to 1,894.23. Turnover slid to HKSI.IS billion from HKSI.2S billion on Tuesday. Brokers said the Hang Seng's modest losses stemmed mainly from selling of index
      1,094 words
    • Article
      TOKYO
      850 25 SHARE PRICES closed broadly easier in Tokyo yesterday but off their lows in modest trade after zigzagging up and down for much of the day. Much of the selling pressure was futures-related with arbitrageurs unwinding cash index positions. Tokkin, or special money trusts, sold domestic demand-linked and other stocks
      850 words
    • Article
      SYDNEY
      521 25 AUSTRALIA'S sharemarket edged up from its lows earlier in the day led by demand for Elders IXL and short covering in the broad market yesterday, deal- ers said. But the All Ordinaries index still ended 1.9 points lower at 1558.7, after bottoming at 1553.6 earlier in the day. "Elders
      521 words
    • Article
      SEOUL
      204 25 SEOUL stocks closed below the 840-lev-el in anaemic trading yesterday, ending the day close to the year's lowest mark. The composite index closed at 838.19, down 3.37 points from Tuesday's close. Turnover was 180.7 billion won compared with 167.6 billion in the previous session. Falls led rises by 486
      204 words
    • Article
      TAIPEI
      375 25 THE Taiwan stock index fell slightly as financial shares weakened yesterday, dealers said. The weighted index lost 28.37 points to finish at 11,896.87 compared with Tuesday's 11,925.24. Turnover was NTS 147.4 billion against NTS 168.2 billion. Dealers said investors were cautious, believing that the market was in a correction
      375 words
    • Article
      BANGKOK
      244 25 THAI stocks closed off their lows on late selective bargain hunting yesterday after opening sharply lower, brokers said. The composite SET Index fell nearly 20 points in the first hour of trade but rallied to end the session 6.75 points down at 776.71. Declines led advances by four to
      244 words
    • Article
      MANILA
      68 25 BLUE CHIP stocks led the Philippine market to a strong close yesterday for the second day in a row, raising hopes of a sustainable rebound three months after a failed coup bid wiped out much of the market's gains. The Manila Stock Exchange compos- ite index rose 22.85 points
      68 words
    • Article
      NEW ZEALAND
      85 25 LEADING New Zealand shares were mixed in extremely low volume at the close yesterday, and brokers see little prospect of the market coming to life over the next few weeks. "It remains driven from offshore, with local buyers quiet and private clients sitting on their hands," said Rue
      85 words
    • Article
      JAKARTA
      64 25 SLOW TRADING on the Jakarta stock exchange pushed turnover down sharply to 997,403 shares yesterday from 2.67 million on Tuesday and the index fell 5.46 points to 581.72. Java Pelletizing Factory was the most actively traded at 296,800 shares, to close 250 firmer at 10,500. Pharmaceutical firm PGI gained
      64 words
    • Article, Illustration
      Untitled
      0 25
      0 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      71 25 The Bombay market report was not available at press-time. mi'.- g $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 1990s Cruises for everyone Investment spotlight
      71 words
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  • WORLD STOCK MARKETS
    • US stocks close lower on interest rate concerns
      • Article, Illustration
        NEW YORK
        901 26 HAMPERED by higher interest rates, US stocks fell in moderately active trading on Tuesday. Airline issues managed solid gains while drug stocks stood out as the weakest group, traders said. "Interest rates are weighing on stock prices now, that's your main depressant," said Newton Zinder, technical analyst at
        901 words
      • Article, Illustration
        LONDON
        828 26 SHARE prices finished slightly higher on London's Stock Exchange on Tuesday, with investors finding little reason to step off the sidelines. Dealers said the only remarkable feature was the extremely light volume. Volume likely will remain light until after next Tuesday's release of Britain's next fiscal budget, dealers said.
        828 words
      • Article
        AMSTERDAM
        223 26 DUTCH share prices firmed in early trade on Wednesday, backed by a crop of favourable company results. At 0945, the CBS all-share index was up 0.7 points at 114.0. "Although worries on interest rates persist, investors tend to look more and more at company results, rather than focusing on
        223 words
      • Article
        FRANKFURT
        184 26 WEST GERMAN shares more than reversed their early gains to close sligfttly lower yesterday, as news of an East German political leader's resignation unsettled the market shortly before the official close. The market had opened 0.9 per cent higher, confident that the March 18 East German election would produce
        184 words
      • Article
        PARIS
        123 26 FRENCH share prices recouped early losses by mid-day yesterday, but dealers said the market was featureless as most investors remained on the side- lines. The CAC-40 index rose 4.14 points to 1,928.44 by 1230 GMT in light volume, after opening down at 1,919.51. Dealers said despite modest gains on
        123 words
      • Article
        ZURICH
        242 26 SWISS shares opened slightly easier yesterday. Dealers said Wall Street's 12point loss and Tokyo's lower close weighed on the market. The SMI index of leading bearer shares was six points lower at 1,684.1 after about 10 minutes of trading. Banks were little changed, with Union Bank 10 lower at
        242 words
      • Article
        Untitled
        548 26 Brussels Mar 13 Krmncs FORWARD MARKET Acec 4890 +40 Arbcd 4765 -5 Aslur 1356 +26 Brascan 744 2 Canpac 736 f4 Cock 196 unch Dc Been 786 -24 Ebet. 4140 -20 Gb-lnno-Bm 1220 -8 Gevacrt 8830 -60 Gr Bru Lamb 3995 +5 Mobok Petro ***** +50 Ryl Dutch 2650 -15
        548 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      296 26 I J|L Warwick University MBA JIS through DISTANCE LEARNING THE MBA want to get ahead in today's competitive employment market. The Warwick University Distance Learning Programme offers you the flexibility to study when you choose, applying what you learn immediately in your own organisation be it small or large, public
      296 words
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      Page 26 Advertisements Column 2
      289 26 THE COMPANIES ACT. (CAP. 50) AND IN THE MATTER OF LESTINA ELECTRONICS MARKETING PTE LTD (Members Voluntary Liquidation) At an Extraordinary General Meeting of the members of Lestina Electronics Marketing Pte Ltd duly convened and held at 10 00 am on the 10 March 1990 the .following special resolution was
      289 words
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      Page 26 Advertisements Column 3
      9 26 The Milan market report was not available at press-time.
      9 words
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  • CURRENCY, MONEY & FUTURES MARKET
    • Article
      US$ finishes mixed against Asian currencies on low trade
      1144 27 FOREX MARKET REPORTS TRADING in the US dollar yesterday was marked by low and trendless activity with most of the dealers staying at the sidelines. Against both the yen and mark, the US dollar ended the day in the major Asian
      1,144 words
    • Article
      Lock icon Tokyo stock index futures ease in volatile trade
      257 27 Reuter STOCK index futures ended easier in volatile, active trading after dropping sharply in the last few days. The key June contracts opened easier and moved in a wide range all day due to a heated tug-of-war between sellers and buyers which
      Reuter  -  257 words
    • Article
      Lock icon Bonn call money edges up to 8pc
      111 27 Reuter WEST GERMAN call money edged higher to trade around the 8 per cent rate on the Bundesbank's emergency Lombard funding facility in nervous trade on Tuesday. Dealers said call money rose to 7.95/8.00 per cent from 7.90/95 per cent on Monday. Trade
      Reuter  -  111 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1454 27 S1MEX EURODOLLAR I Open High Low Sett Est Vol Op/lnt Vol Mar 90 91.42 91.43 9140 91.41 1771 9251 2755 Jun 90 91.21 91.21 91.17 91 20 ***** ***** 8109 Sep 90 91.11 91.11 91.05 91.08 2389 4611 1731 Dec 90 90.92 90.92 90.87 90.90 902
      1,454 words
    • Article
      INTERBANK FOREX RATES
      401 27 Cross rates Mar u USS S$ MS Dm Yen SFr AS NZS USS 1.8745 2.7110 1.7075 152.00 0.6207 1.5180 1 3089 1.7007 SS 0.5335 1 4463 0.9109 0.8109 0.3311 0.8098 0.6983 0.9073 MS 0.3689 69.14 0.6298 0.5607 0.2290 0.5599 0.4828 0.6273 Dm 0.5857 1.0978 1.5877 89.02 0.3635
      401 words
    • Article
      MONEY MARKET
      571 27 Interbank rates S$ Bid Offer Overnight 5 1/2 5 3/4 1-montn 6 3/16 6 5/16 2-month 6 1/4 6 3/8 3-monmth 6 5/16 6 7/16 Overnight mode: 6-3/8 LSS Bid Offer 7 days 8 1/4 8 3/8 1 month 8 7/16 8 9/16 2 months 8 7/16 8
      571 words
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  • COMMODITIES
    • Article
      Lock icon Big rise in Indian oilseed expected
      198 28 Bernama INDIA, which until recently was the biggest buyer of Malaysian palm oil, has reported that its campaign for self-suf-ficiency in oilseeds is paying off. The latest issue of Palmoil Update, a monthly bulletin of the Palm Oil Registration and Licensing Authority (Porla), said
      Bernama  -  198 words
    • Article
      Lock icon Jakarta calls for new way to set mineral prices
      166 28 AFP INDONESIA yesterday called for a new mechanism to set world prices of mineral commodities in order to allow Third World countries to develop their mining industries. Mines and Energy Minister Ginanjar Kartasasmita, addressing the Second AsiaPacific Mining Conference in Jakarta,
      AFP  -  166 words
    • Article
      Lock icon Hardwood importers offer a solution
      199 28 Bernama AMERICAN tropical hardwood product importers, concerned about the future of tropical forests worldwide, have unveiled a white paper on forestry management practices that they say will benefit the economies of the developing countries as well as the environment. The International Hardwood Products Association (IHPA),
      Bernama  -  199 words
    • Article
      Lock icon US$l8-US$20 level ideal, says Oteiba
      145 28 Reuter UNITED Arab Emirates (UAE) Oil Minister Mana Said al-Oteiba told an oil industry seminar that an oil price of US$ 18 to US$2O per barrel was ideal and he wanted this level to be kept until the end of 1991. Mr Oteiba also said
      Reuter  -  145 words
    • Article
      Tin closes higher on renewed buying support
      843 28 REPORTS rnmsitsmimtiidmmmiammmM TIN prices on the Kuala Lumpur Tin Market rose 18 cents yesterday to close at 17.04 ringgit a kg on renewed buying support, traders said. Slight gains in London overnight, aided by the sharply lower ringgit against the US dollar on
      843 words
  • Article
    PRICES
    1432 28 Rubber Mar 14 MS (to la Mm) S cents/kg Noon Close Inl 1 RSS Prompt 155 (XVI56 OON 154.00/155 00 Inl 1 RSS Apr 90 158 00/158 50 157 00/157 50 Inl 1 RSS May 160 50/161 00 159.50/160 00 Int 2 RSS OP 152.00/154.00N 151 50/153 50N Int
    1,432 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      814 28 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 and IN THE MATTER OF OAKLEY SEIKO ALUMINIUM INDUSTRIES PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of Oakley Seiko Aluminium Industrlaa Pte Ltd, duly held and convened at 36, Phillip Street
      814 words
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      Page 28 Advertisements Column 2
      654 28 IN THE MATTER OF THE COMPANIES ACT CAP M AND IN THE MATTES OF BEROB SINGAPORE PTE LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (paranaat to Sectton 2M) At an extraordinary general meeting of the members of the above-named Company, duly convened and held at 190 Middle Road
      654 words
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      Page 28 Advertisements Column 3
      15 28 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1014 29 City night ETA Flight ETD < Aha DhaM GA975 1135 GA894 2335 AMaidt SQ228 1905 QF82 2200 QF81 2045 Amsterdam SQ23 0755 SQ24 2l50 GA975 1135 GA894 2335 Atj| MB 0A472 0130 SQ32 2230 BA11 1445 SQ325 2115 Bahrain BAH 1325 QF5 2230 ffaWirff GA525/ 1755
      1,014 words
    • Article, Illustration
      Lock icon Signal honour for Monte Carlo chef
      608 29  -  LETTER FROM MONACO By Suzy Patterson AP MICHELIN giveth. And Michelin taketh away. Alain Ducasse, the 33-year-old chef at the Louis XV restaurant in Monte Carlo's Hotel de Paris, became the sole new winner of three stars in the 1990 edition of the gourmets'
      AP  -  608 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4230 1.4430 Canadian dollar 1.5800 1.6000 NZ dollar 1.0850 1.1350 Sterling pound 3.000 3.0400 US dollar 1.8710 1.8810 Local dollars to 100 units of foreign currency Austrian schilling 15.20 16.20
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      115 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Mar 9-19 Nice Nice Fare (33)*****101 Mar ntematlona Pans Comite Des (33)1/*****000 International Internationale p ur industries Expositions Fair de Nice Exhibition de Paris Mar 10-18 International Munich GHM Gesellschaft (49)89/***** UgjK p ur Mar 20-23 Sports
      115 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      61 29 \lk T T*" business person's choke every Tuesday, m I m I Thuriday. Saturday and Sunday. Leaving Changi I I II I I I Airport it 21:55 (lours and arriving at Logan I J M k J I B I International Airport the following <uy. Coil your travel agent or
      61 words
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      Page 29 Advertisements Column 2
      170 29 r fuKf/l INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF SINGAPORE I The relevance of management accounting in the management process. Practical application of strategic planning in the private sector. Practical application of strategic planning in the public sector. Strategic management VENUE IMPERIAL HOTEL 1 Jalan Rumbia (off River Valley Road) Singapore
      170 words
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      Page 29 Advertisements Column 3
      399 29 NOTICES PLAN WELL PRIVATE LIMITED (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap 50 that a Final Mooting ot the members oI the abovenamed company w* be held at 5001 Beech Roed #07-02 Golden Mile Complex Singapore
      399 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      176 29 was grown rusty." betng on the level (7) 26 Audition about half-a-doz- Shipping trade (5) 24 Reading about a member's en hardly worth consider- Citadel turning grain store advance (5) > n 8 over after a harvest (9) 27 Eastern characters can be -j j he unre liable senator's vccttdaivc
      176 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      220 29 Singapore OUTLOOK: Fair Report for 24 hours prior to 7.30pm on Mar 14 at the airport: Assoc humidity 54 Min temp 24.8 Assoc humidity 92 Mrs of simshine 10.75 Rainfall in mm Nil Rainfall this mth 89.3 Rainy days this mth 2 Forecast for the rest of the world: Asia-
      220 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      68 29 ,"J|;itne. exc»Ttr>eMT.. ?£fMJL7?uer s Sone3U»NO veuS roe. He's rJ' T —r\ thc. hint of Dfvcej? \vcp»u- mm omeJ?. J V ParKiHf; p\ cod so HO CO Do yoo U<E. YOUR M Tus CH*R*c.tf£ p—, r> TOU y NEJU)JO© AS A SCCXJRiTy I com»*G pT) I U*TH talons y. FfcoPlE. e>gwP<?€.)?y\fiu.
      68 words
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  • Article
    Lock icon UK admits selling Baltic states' gold deposits
    245 30 AFP BRITAIN has admitted selling nearly 13 tonnes of gold deposited by the three Baltic states in the Bank of England before World War 11. Earlier on Tuesday, the French central bank said that it had kept and could return to Lithuania more
    AFP  -  245 words
  • Article
    All poised for a chemicals boom
    319 30  -  By Lilian Ang THE CHEMICALS industry, fast playing a key role in the economy, will surge ahead this year to account for close to a third of the output in the manufacturing sector. This will place it second to electronics, which last year contributed
    319 words
  • Article, Illustration
    Quicker path to 'green" industries
    360 30  -  By Genevieve Cua BUILDING a centralised chemical waste treatment and disposal facility may help a developing country beat a quicker path to green, or environmentally sound, industries. Yoka Makkink, environmental engineer at Dames Moore International, called on developing countries to build a "small, general purpose"
    360 words
  • Article
    Lock icon KL firm gets refinery licence
    159 30 Bernama A MALAYSIAN company, Tri-Petro Corporation Sdn Bhd, has been issued with a refinery licence to process 100,000 barrels per stream day (bpsd) of light crude oil for export, industry sources said in Kuala Lumpur yesterday. The licence is believed to be the first to
    Bernama  -  159 words
  • Article
    Lock icon Korean bank in Jakarta
    100 30 AP THE KOREA Exchange Bank will establish a US$2B million joint-venture bank in Jakarta in July with Indonesia's P T Bank Danamon, the South Korean bank announced in Seoul yesterday. Officials said that a formal agreement would be signed in Jakarta tomorrow. They said that Korea
    AP  -  100 words
  • Article
    Lock icon Shelved Hainan deal back on track
    227 30 Reuter CHINA'S southern island province of Hainan is expected to reach agreement with a Hongkong-based company this month to start work on the development of a big new industrial park on June 1, the Ta Kung Pao newspaper said in Hongkong yesterday. The Yangpu
    Reuter  -  227 words
  • Article
    Lock icon Aussie execs told how to win Asian hearts
    205 30 Reuter AUSTRALIAN businessmen have been told that they can improve links with Asia by investing more, dispensing gifts and remembering names of contacts' relatives. The advice, to help Australia avoid a minor role of commodity supplier to Asia and end-market for its
    Reuter  -  205 words
  • Article
    Nurture the bright puppies, but don't forget the old dogs
    512 30  -  The Bottom Line By Yong Pow Ang The writer is a correspondent on BT's politics and economics desk. WINDS of change are blowing through the corridors of local enterprises. Emanating from the Economic Development Board, which coordinates the assistance schemes
    512 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      121 30 SAceffl* (ienuine Leather Collection Lithuania hard put to cut economic ties, Pg 12 Rodime AT Hard Disk Drive At 18m/s, 28m/s becomes obsolete! No other disk drive can access information as swiftly as the new Rodime AT Embedded Hard Disk Drive. It saves you time and money. Thus increasing your
      121 words
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      Page 30 Advertisements Column 2
      92 30 I 1 INVITATION Fremantle Landbridge Seminar Shangri La Hotel Singapore 9.00 am Friday, 16 March 1990 For further details and bookings, please telephone Ms Linda Ho in Singapore on 732 0200. FREMANTLE PORT AUTHORITY Gateway to Australia. INVITATION MYXHAM FTAkV tfSmgtiLCj J zfil $4 A MONTHLY MAGAZINE OF BOSINESS TRENDS
      92 words
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      Page 30 Advertisements Column 3
      73 30 sAcchi.,) (iennine Leather Collection SEICLENE HOUSE jZ^sIJH A PRIME .J' INDUSTRIAL ~h BUILDING Jt >0 FOR SALE pT 10 storey light industrial building comprising a total lettable area of 73,005 sq It Centrally located, just outside the Central Business District 99 years leasehold Contact *o4e morWmg ogent* rrnw **r*r*r r*rrr*
      73 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Spanish fishermen end last port blockade
        89 31 Reuter SPANISH FISHERMEN LIFTED a 13-day blockade of Algeciras, the last Spanish port affected by protests against a tenfold increase in fines imposed by Morocco for illegal fishing. But the city was still paralysed by a 24-hour general strike called in support of the
        Reuter  -  89 words
      • Article
        Lock icon Aker to sell stake in Petrojarl 1
        96 31 Reuter OFFSHORE AND ENGINEERING firm Aker A/S said it had decided to sell its 75 per cent stake in the mobile production ship Petrojarl 1 to Oet Nordenfjeldske Oamskipsselskap A/S. The deal, worth 360 million crowns, also included Aker selling its 21 per
        Reuter  -  96 words
      • Article
        Lock icon S pore completes repairs on tanker
        56 31 Reuter REPAIRS TO THE PUMP ROOM of Malaysian tanker Pernas Duyong, which suffered an explosion and fire on March 4, have been completed in Singapore, Lloyds Shipping Intelligence Service said. Once the work has been approved, the 80,954 dwt vessel will discharge its cargo
        Reuter  -  56 words
    • Article
      Lock icon Yokkaichi opens new route through China
      180 31 AP YOKKAICHI Warehouse Co, a major Japanese warehousing firm, has opened a new route through China linking Japanese ports and Mongolia. The route will reduce by one-third the current required time for transportation and is the first freight route by sea and railway between
      AP  -  180 words
    • Article
      Lock icon Shares for new Stolt affiliate fully subscribed
      162 31 Reuter SHARES FOR Stolt Partner SA, a new company being launched on the Oslo Stock Exchange, have been fully subscribed, said Stolt Tankers and Terminals (Holdings). A unit of Stolt presubscribed one-third of the 10 million share issue and the remaining shares were
      Reuter  -  162 words
    • Article
      Keppel unit scholarships for Filipino seamen
      226 31  -  By AL O LABITA A PHILIPPINE subsidiary of Singapore's Keppel Corp has embarked on a long-term recruitment programme to assure itself of a sustained supply of manpower skilled in ship building and repair. Starting this year, Keppel Philippines Shipyard Inc (KPSI) will initially award
      226 words
    • Article
      Index to advertisers
      927 31 Page Column ABC Contoinerline Thirteen S Accord Shpg Ten 3-5 Albo'roj Seo-Air Seven 5 APC line Seven 5 API Five 35 AfS Thirteen 3 Arrow lines Nine 5 Asian Elpfttl Six 4/5 ANl Three ASCI Five t Avont Shpg line Six 2/3 Bolt Canodo l,ne Eleven «/5
      927 words
    • Article
      Anera to retain existing fuel adjustment factor
      174 31 THE ASIA North America Eastbound Rate Agreement (Anera), at owners' level meetings concluded this week, has voted to retain the existing fuel adjustment factor of US$l per revenue ton and $55 per FEU. with proportionate charges for other equipment sizes. At the meeting,
      174 words
    • Article, Illustration
      TT Club launches Stoploss 90 to reduce members' claims
      416 31  -  By JEAN FOONG THE THROUGH Transport Club (TT Club), a Bermudabased mutual insurance association, has launched a cash incentive programme to reduce claims by its members. The programme Stoploss 90 should be able to save millions of dollars for its members
      416 words
    • Article
      Panama makes strong bid to woo vessels back
      253 31  -  By VONNIE BISHOP writing for Shipping Times from Hongkong PANAMA is making a strong bid to woo back vessels which left the country's register after the US threat to ban Panamanian-registered ships. Or Eduardo de Alba, president of the Panamanian Maritime Law
      253 words
    • Article, Illustration
      Insuring 60pc of the world's containers
      661 32  -  By JEAN FOONG ESTABLISHED in 1968, the Through Transport Club is said to insure 60 per cent of the world's containers. Although it has "evolved in pace" to meet the changing insurance needs of the transport industry, the world still associates the Club with
      661 words
    • Article
      Cockett bunker report
      866 32 THIS twic« weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead ot single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
      866 words
    • Ships in Port
      • Article
        SINGAPORE
        1980 32 AT CONVENTIONAL WHARVES *7t SOI ol<x>9«J« 1503/ 0700 Sport ACT 2 $03 olong*de IS 08/ 0600 V—I Voy No BarthArrival Dapartura «003 sos uo ugao S~on Glo<v 01,90 S02 1503/ 1600 1803/ 0900 !^oGold*' ,an '**2 *34 olongs.de 1503/ 1500 *"«bo» WI2N M48 atongs.de 1403, 2300 Dade 1.90 *29
        1,980 words
      • Article
        MALAYSIA
        276 32 Port Kalang South Port Rich World berth 2; Alam Aman berth 3; Honfl Soon berth 4; New Man Hing berth 5; Pernaa Safari berth 7A; Eagle Dawn berth 8 North Port Taipan berth 11; Pacific Timur berth 12; Lian Hua Shan berth 13; Mercury berth 13; Trans Auto berth
        276 words
    • Article
      London Freights
      992 33 CHARTERING rates for grain out of the US Qulf were stsady in a fairly routine dry cargo freight market on Tueeday, brokers said. Grain for Holland was secured at U5514.25, unchanged from business transacted earlier this month. The BFI sub-Index on this key route was lowered slightly to
      992 words
    • Article
      SHIPPING LIST where your ships are due ...and when
      9805 38 AARHUS Reglna Mitrik Maerek Line. March 13 North Sea Noraaia/SaaLand. March it. Ming Prominence. Yang Ming Lin*. March IS LJ Bontang. Olaaagatri. March 18/21 8 Par mat ScanOutch. March IS Ever Group Evergreen. March 21 Beneider. Trlot. March 21(M). Kamakura. Trtot.
      9,805 words
    • Article, Illustration
      The plight of commercial vehicles under the quota system
      796 44  -  By CHARLES STEPHAN NOW THAT the whole quota system has been accepted (not necessarily understood) by everyone, perhaps it is time to look at the plight of the commercial vehicles that are being lumped under the "goods vehicle" category. From what
      796 words
    • Article
      Lock icon Venezuelan port workers go on nationwide strike
      137 44 Reuter PORT WORKERS IN VENEZUELA began a nationwide strike to demand overdue payments, port institute and union spokesmen said. "We do not have the money," Maria Asuncion Arteaga, spokeswoman of National Ports Institute (INP), said The indefinite strike, which began on Monday. affected
      Reuter  -  137 words
    • Article
      Lock icon Kawasaki to pay first dividend in five years
      113 44 NYT JAPANESE SHIPBUILDER Kawasaki Heavy Industries Ltd will pay shareholders their first dividends in five years in March. Kawasaki's announcement follows those by Mitsui Shipbuilding Engineering Co and Sumitomo Heavy Industries Ltd, both of which will pay dividends of four yen (2.6
      NYT  -  113 words
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      567 44 Feb 6-Apr 20 SFFA Standard Trading Conditions glvea an ovarall perspective of thoaa condition*, conducted by the Singapore Fralght Forwardara Association. Tha Manager, SFFA, 7500 A Baach Road, #13-314 Tha Plaza, tal no *****45 Fab 7-Jun 6 Saa Transport covers transport gaography, llnar and tramp shipping, conductad by
      567 words
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      33 31 ÜBSB A lively gjgjjjtfttsß way with mm words Avaltabte at all mm good bookahopa .__MwMBfiESSKB3& Fed«f»« Publlc«tlont For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD
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      18 31 Lines and services represented by Members of the Registry of Accredited [f'fQjJ'M Shipping Agents. Singapore National Shipping Association.
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      Page 31 Advertisements Column 3
      234 31 How to look after AttiUUt &t STP Distributors boekskopt nd nttm ttmds More on the TT Club, Pg Two SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Subscribe or renew your subscription now. Subscription rates: SINGAPORE BUSINESS 12 issues of Singapore Business 5548.00 gives you
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      126 31 INSIDE Th« TT Club ESTABLISHED In 1968, the TT Club is said to insure 60 per cent of the world's containers. Although It has 'evolved in pace' to meet the changing insurance needs of the transport industry, the world still associates the Club with 'boxes', says Mr Mark Holford, director
      126 words
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      74 32 TO ALL OUR VALUED CUSTOMERS RIIS Shipping A/3 Svendborg is a very specialised carrier for class one and any project cargoes. Having a total of 6 self-substained vessel (average, two years old each vessel). We can accept cargo to almost any destinations. For more details, please feel free to contact:Mr.
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      80 32 FAB FASTFRH FREIGHT CONFERENCE SAB AH. BRUNEI AND SARAWAK FREIGHT CONFEBENCE Notice to Shippers Congestion Surcharge The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following:Tripoli (Libya) Congestion surcharge of 5% to be reBenghazi introduced
      80 words
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      1930 33 i tillf# 200 Cantonment Road #12-05 Souttipo.nt, Siniapore (HOB I \lllfr t«i 221 nu ma no rs ***** IfffnTlW TERMINAL/CFS 220 j p bookings t*i *****34 235 L vCCQf J pcsaka jaroine shipping agencies son bmo I LXKJ PKLANG TEL ****** twx no TEL *****4 TELEX NO MA***** CFS TEI
      1,930 words
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      2070 33 Veeaal Voy ETA I ETC "Port 'Panang DESTINATIONS Singapore Kelang True m< McUnney M KKX Feeder by cv 20/3*o o*oo has Faroe HHi 888 818 CFS l*S/»0 W MRS M Tim oak lob moo mem ATL MIA CHS bal pml nyc mon tow MCKINNEY M 9004 ?0/3 21* IM 117/3
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      1052 34 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE rARntOAN BAY 94/530 15/3 I(V4 3/4 6/4 2/4 BENALDER <M>534 23/3 V ID ALIA 04/533 22/3 16/4 10/4 12/4 9/4 3/4 BENAVON 93/537 28/3 30/3 17/4 19/4 21/4 22/4 24/4 TOKtO EXPRESS 92/536 29/3 2*4 IjV4 IW4
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      Page 34 Advertisements Column 2
      639 34 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT TBN 25/3 3/4 6/4 13/4 19/4 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO TBN 25/3 1/5 3/5 6/5 9/5 AMnte: SINGAPORE: 2X***** BOOKINGS: moios NORTHBOUND TO UKC STORE ROM/A DAM HBG HULL(U K IVYBANK VHR 19/3 14/4 19/4 23/4 TAUSALA SAMOA
      639 words
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      1342 34 RSI ammMBXM &sms. REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE bdc T 4NT VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA 2j» HAM) ROT) mabtm UA M7W 16/03 20/03 02/04 ***** 09*04 12/04 14/04 15/04 16/04 17/04 18*04 KKS; STSMiKa ys SS sis SS SS
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      1495 35 HOPPING TIMES, Thursday March K IW r jb| 5s steamers Maritime Holdings Ltd| k-pjg.n ATM straits shipping! MflL WVr f— "-J ttwn ta Braaal East Malaysia, I Containers ■Jr***-'"- ACCEPTS DUE SAILS I S pan P KlMf S'too H fcurf B Heven R 4a« LeN CARGO I SSSTK ISS 51"
      1,495 words
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      Page 35 Advertisements Column 2
      1648 35 TO: EUROPE TO: FAR EAST SP LH ROM HAM BRE FIX SPORE HK KAO BU HANJIN FELIXSTOWE 001W 17/3 4/4 S/4 W M M CMOYABC SUCCESS 007E 2W »/3 »3 31/3 CHOYANC PARK 007W 2S/3 13/4 14/4 I*4 17/4 11/4 HANJIN TONGHAE 872E 21/3 1/4 2/4 1/4 HANJIN OAW.ANO 007W
      1,648 words
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      368 35 SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CEDAR ASIAN SEKI I TREE STAR MATSUYAMA IvOY. NO S U1 V*3 I Sport 17/3 19/3 27/3 I P. Kelang 20/3 22/3 30/3 I Yokohama 1/4 10/4 I Nagoya 6/4 8/4 Osaka 6/4 Senboku 4/4 I'For Discharging Only ■40TE: ALSO CALLING OTHER
      368 words
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      613 36 rage so. I— ppk; IRANIAN SERVICE Singapore Loading for:IRAN TEYFOURI 27/3 Banda Abbas IRAN SOKAN 20/3 Banda Abbas (National Um 01 Mules) U.l WEST COAST/ MEXICO CENTRAL AMERICA CONTAINER SERVICE HKG IB ENSENAOA I. CARDENAS S CRUZ MAfUANILLO ■ontermy aw up w u/3 2*3 22/4 TOLUCA V-10 30/3 22/4 24/4
      613 words
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      Page 36 Advertisements Column 2
      630 36 (3\ HANJIN SHIPPING I Z—~—— FULL CONTAINER SERVICE v tr'tr |jSL»„ nHSx z a CHOYANC PARK 007W 24/3 11/4 12/4 13/4 I*4 16/4 tmWRM 2W HANJIN OAKLAND 00AD 31/3 11/4 19/4 20/4 22/4 23/4 MANJI OTTtRDAM *U CHOYANG SUCCESS 00(N 7/4 25/4 26/4 27/4 29/4 30/4 T/S AT PUSAK H.Koof
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      58 36 SOON KIAT SHIPPING PTE LTD 3 SHENTON WAY #20-05/06 SHENTON HOUSE REGULAR SERVICE TO E. M SIA SPOK 4. Maju Yong Him Bintulu/Miri/K B«Uit Sri Pujut (IS/90 Bintutu/Mhri/K BtUit M/ 03 Swm Ann Situ 02/» Port Mlinf VIO •20 torn ton* hoaw lift rtthr e»r»« W t T«t: 22UM (5
      58 words
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      Page 36 Advertisements Column 4
      1220 36 —i fi_J T -j. j I PK. MP HKGKSG KLG PUS HKT OSK TTO BAL LMV AM ROM fLX HM SGP I I EVER guard w m w> WJ JW 2W w w IW gs tfi m IW w I EVER CIANT 22/3 23/3 273 21 3 30 3 2/4
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      1242 37 iHlrriwu hmm, inuraaay maron la istu PACIFIC INTERNATIONAL LINES (PTE) LTD mSSSSSS K B UKM pil Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I I BANGKOK I vessel voy SIN jkt sin vessel vox SIN bkk sm DELTA MAS 14«S 17/3 1M 24/3 PEGASUS PROGRESS ftOftN 17/3 20/3
      1,242 words
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      Page 37 Advertisements Column 2
      661 37 ffit*BE33!Eßtk EXPRESS CONTAINER SERVICE TO UK/CONTINENT SP M STON NAM B NAWN ROAH HA¥Rt Boat bprtw S4 IS,] W W W W Cjrdf* fa, 1W WWW WW briM 21/3 a/3 w 111* HK 1W Vl* Hur MM 22/3 UK IK UK W 1W Imm W W BK #K W W
      661 words
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      524 37 1 DJA3AGETRI A Joint Europe Service Of: P.T. tMKMTA LLOYD ft. BESUII LLOYD f.T. IMWO€U IROOMfSIA P.T. TBNCOM LLOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY S PORE R OA* H BURG BREMEN ANTWERP A'OAM LJ. BONTANWWRB 11-21/3 ID/4 24/4 1W 24/4 KUTAI/IWB 1-4/4 I*4 4/5 7/5 M/ 5 S.
      524 words
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      495 37 M MYANMA yBBk FIVE STAR UWE (Burmese National Line) Loading for Yangon (Rangoon) S pore P.Kelang Penang Bangkok HPA-AN.VI47W 13A5 **R PAGAN V/iSW llflS MAR MERGUI V/9W» m* MAR PATHEIN V/100W 24/31 MAR THE BANK LINE (A Mnrict of Andrew W«if Shipping) \\T SEMI-CONTAINER SERVICE VI HEAVY LIFT CAPABILITY I
      495 words
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      314 38 j 7 WEEKLY STRAITS/MADRAS CONTAINER SERVICE Irjjjjfcl I DAILY LCL RECEIVING AT OWN CFS I j PENANG VESSEL P.KELANG SPORE MADRAS iyc r LEUVE 9120 Sid 21/3 MACOLINE 23/3 MELITA V 9006 25/3 26/3 3/4 23/3 LEUVE 9121 26/3 31/3 BOOKING: MACOLINE S'PORE *****11 PK (03) *****77 PEN (04) *****6
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      Page 38 Advertisements Column 2
      272 38 HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUNO TO USA WESTBOUND FROM USA TO PSW SIK HKC LBH OAK SEA FROM PSW LtH OAK SEA HKC SM NYUNOAI CHALLENGER WUJWJ SSSSSSS S5 SS SSSiSSn* «S£S£3s 2S 35 HYUNDAI cmauekm SS 2S 22 58 SS SS SSS2SSS. sSSSSSS 52 3» S-gjto. 3= sg
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      Page 38 Advertisements Column 3
      97 38 CROWN PACIFIC FREIGHT PTE LTD LCL CONSOLIDATION SERVICE USA ETD SIN SEATTLE 23/3 PORTLAND 23/3 SAN FRANCISCO 23/3 LOS ANGELES 23/3 SAN DIEGO 23/3 OTHER 23/3 kSTIDSP 24/3 HAMBURG 24/3 BREMEN 24/3 LE HAVRE 24/3 ANTWERP 24/3 FELIXSTOWE 24/3 OTHER 24/3 CCNI# Compart ia Chilena de Nivtfoo* tolcroctinica S.A. TO
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      684 39 ■BEss InterGon M AMI lIMK m: I.TII FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG -25/3 TOKYO -22/3 LE HAVRE -26/3 LALJTOKA -30/3 KEELUNG —25/3 YOKOHAMA —22/3 ROTTERDAM —26/3 SUVA JO/3 MANILA -23/3 KOBE -22/3 UK PORTS -26/3 BANGKOK -22/3 AUSTRALIA rrvTHENBURG —26/3 BUSAN —22/3 MFI BOURNE —23/3 GOTHENBURG
      684 words
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      Page 39 Advertisements Column 2
      598 39 b' < NecHloyd WE GIVE YOU THE WORLD i Nedlloyd Lines M ffl EXPORT IMPQ RX 11 1 I I gMflßjW 1 ;f 8 BP .^Ep I N. Rwano/9004 Is Pt 17/f 14/3 14/3 1W 2W ,3jJ 1M Jg 2$ 2$ M N. RouenflOOS 21/3 31/3 21/3 21/3 30/3 4/4
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      11 39 Th« compel* Ship- 6 ping List will b« pub-* listed tomorrow
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      1157 40 I ***** VOV *INDO 'PK/PNG fsGP LB CHLS NFK NYC HFX I I AMBASSADOR BRIDGE 27 12/3 13/3 15/3 7/4 17/4 I I I NEPTUNE GARNET 23 19/3 2*3 W UJ 24 4 4 I I nnri fair 19 26/3 27/3 29/3 21/4 1/5 3/S V B I SSleoll BRIDCt
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      Page 40 Advertisements Column 2
      751 40 Ic Tn SIN (1 DAY) (1 DAY) ♦(1 DAY) BOOJQNGCON^C 17/03$) PORT KELANG PENANG BANGKOK VICTOR TWICE/WKLY BOOKING. CONTACT w H Pin SIN (3 DAYS) (2 DAYS) (1 DAY) 18/03/90 HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY TWICE/WKLY l~ v& BOOKING. CONTACT H FTO SIN (6 DAYSI 1 DAY) (4 DAYS) W/03/S0
      751 words
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      Page 40 Advertisements Column 3
      266 40 Continental Pacific Shipping r J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR TAIPAN SM In Pt tOU/AKT/FLU/UK ARTEMISION SW SfTE/RDH/ANT/fLU/LW Loath Sabah,lnbon*»u ®MULTIPORT A6ENCIES (S) PTE. LTO. TEL: *****77 FAX: *****31 P.K. MULTIFONT SON BHD. TEL: IIIIIM TLX: MA 3577S MULTftA PNG SCA-CONTNANS Sdn Shd *****2
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      Page 40 Advertisements Column 4
      636 40 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD s a. Tatok Ayar SM SINGAPORE 01W TEL 5343 M (10 LINO) Fax: SSOSM STRAITS PERSIAN GULF SERVICE: S port P Kaiant Pentng GOLDEN HARVEST Cotomtof Karadh/DuOai la Part GOLDEN WONDER Catanta/Karacfa/Dutiai JUV Har CHINA SERVICE A VESSEL HaAou &?4 Mar Ml TUN
      636 words
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      1199 41 Shlrrinu limiu), 1 nursuaj mutn i» NEPTUNE AGENCIES PTE LTD SINGAPORE &m O^ 12^740G00 UK/EUROPt *****19, AUST/INDIA/PAK *****18 M USA *****16, FAR EAST *****48 Documentation: *****44/*****14 rn Mf Ter mi nal- *****22 CPS: M 2 IMPORT: *****69/*****50 EXPORT: *****53(*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang *****0, J.Bahru *****3, *****4
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      1102 41 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Marfet Strwt Sinppoc 0104 T.I: > Ji™™' OW**" 24l 2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** WMS MAI TMOMC MffWC 127 JK?L2*»S SLS"s£l SS&JSSn "KVBB 35° or g- Te?o3 K n£47vsrTttv MA 8814 HSKUL (REGULAR INDEPENDENT_SERyiCE}^^^__^_
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      751 42 ROC AWVSTV DSR LINES I VEB DEUTRACHT/SEEREEDEREI ROSTOCK I INTEGRATED CONTAINER SERVICE I MEMBER OF EACON SERVICE I TO EAST MEDITERRANEAN I NORTH CONTINENT EUROPE I OUTBOUND SIN *LCA ANT RDM HBG RST I ARNSTADT 1 /SO IMB "MM 10/04 12/04 14/04~| H CEGIELSKI 7W 24/03 07/04 16y04 16/04 11/04
      751 words
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      1144 42 WC COMVWnONAI 9MMVKM Vouol FTlCFfic PC Loodlnt for PING AN CHENG 25/2 Rottortom/Antws HANCHUAN 2/3 Rottortorn/Antworp CHINA WjU COKTAOtII Vouol PRCS PNG SPORE BKK HKG VHAI QOAO YANG FANG KOU V *****/2 25/2 3/3 1/3 14/3 WEI HE 40 20/2 22/2 20/2 5/3 9/3 Actoctinf FCL Cirfo for all otter
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      253 42 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL eta ETD loading for DELI INOAH 223.90 23.3 90 PANJANG/PK BALAM NAGA JAYA 20.3.90 21 3.90 PAN JANG LAMPUNGJAYA 18.3.90 193.90 SEMARANG/PANJANG PINANGJAYA 17.3.90 183.90 PANJANG/PK BALAM PCRITA JAYA 18 3.90 20.3.90 PANJANG/JAKARTA ABADI JAYA 18.3.90 19.3.90 PANJANG
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      Page 42 Advertisements Column 4
      536 42 v 11 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE J SOTRA GENERAL AGENTS J ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN! Hairaton, Tourghundi, Kabul, Herat, Mazar-I-Sharif, Mashad, Kushka I IRAN I:Diulfa. Astara VIA ILYICHEVSK ETD SINGAPORE :20/03, 22/03, 29/03, 8/4, 13/4 EUROPE I :To all inland points: i
      536 words
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      Page 42 Advertisements Column 5
      480 42 ASEAN PORTS PIT* BHUM ntK In Pt IV3 to I IW JENLINK IIW Frl HI Man Hfl PDA MUM ttW Sun U/3 W* Zlfl SHI BHUM MOW QUO 21/3 S«t W MEKHANIK KUBAKO 01S W«d 21/3 S«t H/3 I VIBA BHUM* BIN Thur 22/3 Sun 2»fl PIYA SWUM MM H
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      1086 43 SHIPPING TIMES, Thursday Marcn la iw ag| VESSEL VOY SINGAPORE KHF/DUBAI JEDOAH LANKA RUWAN 4W 26/3 8/4 16/4 LANKA SRIMATHI 74W 11/4 23/4 3/5 LANKA SRIMANI 76W 20/4 8/5 17/5 ALSO ACCEPTING CARGO (FCL/LCL) FOR: A) INDIAN PORTS MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY B) ARABIAN GULF PORTS SHARJAH; DUBAI; BAHRAIN;
      1,086 words
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      Page 43 Advertisements Column 2
      221 43 nßft tllHOrlW iWI (National Lines of Etfwpio) ACCEPTING FCL AND CONVENTIONAL vessel I VOY ETA LOAtXNQ FOR S*»ORE *MT»NfT >«WB >VO4 OAWESSALAAM MOMBASA OJSOUTI ANOtNET WO ASSAB MASSAWA MOPE CAM ARHAY WOMZ 24W8 IVO6 OAMESSALAAM MOMOASA OJWOUTI ABBAY wvru ASSAB MASSAWA HOOEIOAH p] KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER
      221 words
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      620 43 maskapai pelayaranl WPULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER SERVICE I TWCE-WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE PORTS ofTPORE, INDONESIA. I MALAYSIA 8 THAILAND I ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG I AND. BKK. FOR BOOKINGS CALL SPECARGO I FORWARDING AT TEL: *****55 I SINGAPORE INDONESIA SERVId
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      Page 43 Advertisements Column 4
      657 43 FFHB BAY OF BENGAL SERVICES MADRAS CALCUTTA HI3ELS HI II lAA CO »IT TIGER RIVER HCNB SM 17/3 EAGLE CLOUO V2O IV3 2V3 OCEAN STRENGTH 21A 17/3 31/3 SUSAK 103* 17/3 24/3 f. STAROSTIN (RSI* 200 27/3 TICER RIVER 07CNB 2V3 31/3 ILOVIK MM »/3 1/4 A CONCH AROV *****0
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      353 43 TO AUSTRALIA/NEW ZEALAND Smpun fi■—»m ■l»nrm Sr**T A«cM»«6 0-JiUin 1 e NUDW Ml 15/ i »i BO »M J* I; ttussa ms "5w dm aS C VEMUK Ml aw W l*S ttrt a/s Mmmi hT m w ws W >* Also accepting cargo to:- AUSTRALIA Adelaide, Brwtone NEW ZEALAND —Wellington.
      353 words
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      1059 44 \f—*l from |Voy PNG PKL Hothrf Vnul [Voy SIN LAX [OAK |HOU [DAL CHI| NOR KM "YC OUR NEW USA m»» SERVICE CALLS BUNGA BUTANC V S3» 10/3 ALLIGATOR TRIUMPH V HS» 1»* 7 *>* W U;4 ll 1114 iSL SINGAPORE BUHGA BUTANC VUI 17/3 ALLIGATOR HOPE V ***** 20/3
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      61 44 SPORE/EAST AFRICA-RED SEA CONSOLIDATION FOR BEIRA/DARESSALAAM/MOGADISHO OTHER PORTS SUBJ TO INDUCEMENT TBN-3 ETA SPORE END MARCH 1990 NOTICE Please be informed that with effect from 10th April 1989, M/S Malose Maritime Sdn Bhd has ceased to be our Malaysian Agents. They are therefore not authorised to transact any business or
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  • Page 44 Miscellaneous
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      Page 44 Miscellaneous Column 1
      143 44 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCH 15 LEGEND: 0 T emperoture Op IV Thunderstorm Weather Wmd direction with speed m knots Shower ee Rom Wave height e Cloudy Sky Surface winds are indicated by arrows which Hy with the wmd One tut circle represents colm or
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