The Business Times, 21 March 1990

Microfilm: NL16960
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 Buisness Times MCI (P) 170/12/89 Wednesday March 21 1990 75*
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  • NEWS SUMMARY
    • Article
      Switzerland passes Bill banning money laundering
      40 1 SWITZERLAND has passed a Bill which outlaws laundering of criminal proceeds and makes financial institutions check the identity of their customers. The Justice Ministry said yesterday that the Bill should become law in months.
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    • Article
      First at 'media park'
      31 1 THE US$l7.5 MILLION plant of America's largest printer, R R Donnelley Sons, will be the first tenant of the proposed 'media park' in Kampong Übi Page 2
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    • Article
      JTC steps up work
      33 1 STRONG DEMAND for industrial land has spurred the Jurong Town Corporation into stepping up its preparation work to develop new industrial estates, costing $20 million, this year Page 2
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    • Article
      Malaysian growth
      21 1 MALAYSIA saw real growth of 8.5 per cent last year and is poised to achieve further expansion Page 9
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    • Article
      US aviation tax plan
      43 1 THE WHITE HOUSE has sent Congress a US$22 billion five-year plan for commercial aviation to be funded by a new airport tax of up to US$l2 per round-trip and 25 per cent increases in other aviation taxes Page 10
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    • Article
      Mosbacher assured
      22 1 US COMMERCE Secretary Robert Mosbacher says Japan is convinced that US-Japanese trade disputes cannot be allowed to fester Page 10
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    • Article
      Polls result welcomed
      19 1 WEST GERMAN economic experts have welcomed the Conservative win in the East German polls Page 11
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    • Article
      Rising crime in Japan
      27 1 JAPAN'S once proud record of low divorce and crime rates is being tarnished by growing truancy, juvenile violence and child abuse Page 17
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    • Article
      Investment by haulier
      33 1 KONTENA Nasional, Malaysia's largest container haulage company, will invest Ms 27 million this year in new equipment and facilities to meet higher demand for its services. Shipping Times Page One
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  • MARKETS SUMMARY
    • Article
      Dow Jones down
      36 1 Prices of leading shares declined on Wall Street early yesterday, with the Dow Jones index of 30 blue-chip industrials standing at 2,750.90, a drop of 4.73 points, five minutes after the market opened.
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    • Article
      Footsie up
      35 1 At about 1215 GMT yesterday, the Financial Times-Stock Exchange 100-share index was up 9.2 points, or 0.4 per cent, at 2,247.2, above its morning low of 2,244.8 but below its peak of 2,251.6.
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    • Article
      SES application poser
      35 1 THE STOCKBROKING community is increasingly puzzled over the unusually long time the SES is taking to approve applications from aspiring dealers for a licence to trade in stocks and shares Page 3
      35 words
    • Article
      Tokyo firms get ready
      35 1 AT LEAST TWO of the Japanese Big Four securities houses are aggressively beefing up their local operations in anticipation of being awarded seats on the Stock Exchange of Singapore Page 3
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    • Article
      Firm expands abroad
      24 1 INTERNATIONAL Factors (S) Pte Ltd has set up a joint venture company in the Philippines to provide factoring services Page 8
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    • Article
      CURRENCIES
      21 1 Exchange rates US$ S$ 1.8730 Yen SSI.***** MS SS0.6889 Money market rates Overnight 6 1/2% 3/8 3-month 6 3/8% 1/8
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    • Article
      COMMODITIES
      37 1 London Gold AM fix US$400.80 -US$0.45 Rubber S'pore April. l57.25 4 /kg +0.25 M'sia April... 229.00«/kg +2.50 KL Tin Turnover 77 tonnes -22 Spot M$16.90/kg -0.14 Crude palm oil Turnover 471 Iocs -161 April M$696/tonne 5
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 779.71 -1.30 Kuala Lumpur .3,071.05 +10.10 Hongkong 2,880.03 +8.64 Tokyo 30,807.1 -456.05 Sydney 1,595.8 +1.1 Monday Change New York 2755.63 +14.41 London 2238.00 -25.92
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  • Article, Illustration
    Amcol trying to triple its Orchard Towers space
    504 1  -  By William Chia THE STRONG demand for prime office space has led Amcol Holdings Ltd to try and triple its office space at flagship building Orchard Towers through an innovative scheme. Amcol intends to buy up all the 56 apartments on the
    504 words
  • Article
    Legislation to fight computer crime expected next year
    293 1  -  By Shoeb Kagda SEPARATE OMNIBUS legislation to deal with the rising incidence of computer crime may be introduced sometime next year, said Law Minister Professor S Jayakumar yesterday. During the debate on the budget estimates for the Law Ministry, Professor Jayakumar said
    293 words
  • Article
    Lock icon Soaring oil imports jack up US deficit
    158 1 Reuter SOARING oil imports drove the US trade deficit up during January by 20.5 per cent to a seasonally adjusted U559.25 billion from a revised US$7.6B billion in December 1989, the Commerce Department said yesterday. The nation's total import bill rose 7.3 per
    Reuter  -  158 words
  • Article
    URA qualifies award of site to Hotel Marco Polo Ltd
    396 1  -  By Lee Han Shih THE URBAN Redevelopment Authority (URA) yesterday said it would award the Paterson Road site to Hotel Marco Polo Ltd for $308 million, on condition that it will make a second and better try to improve its
    396 words
  • Article
    Lock icon Tokyo discount rate rise fails to calm markets
    429 1 Agencies THE BANK of Japan finally raised its official discount rate a full percentage point to 5.25 per cent yesterday, but that did not stop Tokyo share prices from falling or the US dollar from rising against the Japanese yen. The key
    Agencies  -  429 words
  • Article
    MCA head denies DAP claims
    314 1 MALAYSIAN Chinese Association president Datuk Dr Ling Liong Sik yesterday described as baseless allegations by the Democratic Action Party that he had acted against the best interests of the members of the defunct Koperatif Serbaguna Malay-sia-Multi Purpose Investment Fund (KSMMPIF). He denied that he had
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      294 1 High fashion fabrics fivm holy Available at all leading tailors HAWKE: THE MAN AND HIS VISION 12 THE WORST AND THE BEST OF TIMES 13 Aircraft Schedule 25 Money Market 23 World Stock Markets 22 Commodities 24 Regional News 9 Cryptic Crossword 25 Regional Stock Markets 21 For market indices,
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      Page 1 Advertisements Column 2
      73 1 Available at alt leading tailors WF i H& fashionJ&rkx from holy j Too little, too late, Pg 23 PENTAX of auto focus zoom cameras. The super slim compact zoom with a full range functions from focus and exposure controls K An unrivalled compact zoom ft camera with great such as
      73 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Proposed law to seize traffickers' assets
        72 2 AN ASSET SEIZURE LAW to confiscate the ill-gotten wealth of drug traffickers is in the offing, said Minister for Home Affairs Professor S Jayakumar in Parliament yesterday. The proposed bill will, however, take some time to draft because of its many ramifications. Also, certain
        72 words
      • Article
        Academy on the move
        29 2 THE POLICE ACADEMY along Whitley Road will move to Yishun, thus releasing the big plot of land for "some other uses", said Professor S Jayakumar.
        29 words
      • Article
        SBC to extend evening news
        89 2 SINGAPORE Broadcasting Corporation's evening television news will be extended from 30 minutes to 45 minutes to include more news features, an interactive style of reporting and more news from wire agencies. Disclosing this, Minister of State for Communications and Information Mah Bow Tan said the
        89 words
      • Article
        QCs for specialist cases
        94 2 CHANGES will be made to ensure that the admission of Queen's Counsel in Singapore is for cases where the needed skills or the specialist knowledge is not readily available here. Professor S Jayakumar said he will consult the Judiciary, the Attorney-General Chamber and the Law Society
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      • Article
        More subordinate courts
        48 2 TWENTY-TWO additional subordinate courts are to be built, making a total of 54. Law Minister Professor S Jayakumar said the judiciary will submit the plan to the Ministry of Finance and Public Works Department. The Judiciary will build an annex to the present subordinate courts.
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      • Article
        Please do not waste water
        67 2 THE Public Utilities Board is appealing to the public to save water. The current dry spell has increased water consumption at a time when water stocks at Singapore reservoirs are falling and water levels in rivers in Johor are low. Two days ago, daily consumption
        67 words
      • Article
        Congratulatory messages
        33 2 PRESIDENT Wee Kim Wee and Prime Minister Lee Kuan Yew have sent congratulatory messages to President Mikhail Gorbachev on his election as President of the Union of the Soviet Socialist Republics.
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      • Article
        CPI up 0.1pc
        31 2 HIGHER housing costs, electricity rates and private medical bills pushed up the consumer price index last month by 0.1 per cent over January 1990, said the Statistics Department.
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    • Article, Illustration
      More JTC industrial estates
      288 2  -  By Suzanne Soh STRONG DEMAND for industrial land has spurred the Jurong Town Corporation into stepping up its preparation work to develop new industrial estates, costing $20 million, this year. The estates will cover about 350 hectares of virgin land, slightly larger than the size of
      288 words
    • Article, Illustration
      Murata to pump $38m more into Singapore
      326 2 TO KEEP PACE with the growing regional electronics market, Japanese components maker Murata has finalised plans for an extra $38 million investment in Singapore just as its new $50 million factory comes on stream. Murata Manufacturing executive vice-president Yasutaka Murata says the new
      326 words
    • Article
      R R Donnelley may be first tenant of 'media park'
      262 2 NORTH AMERICA'S largest printer, R R Donnelley Sons, is building a US$l7.5 million printing facility in Singapore. It will be partially operational by late this year. It is understood that the company will be the first tenant of the proposed
      262 words
    • Article
      Apple Far East cuts Macintosh prices
      304 2  -  From Catherine Ong in HONGKONG J APPLE FAR EAST yesterday announced across-the-board price cuts of up to 26 per cent for its Macintosh range of computers, and also un- veiled a new top-of-the-line Mac. The new pricing structure, which applies to the Singapore market,
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      267 2 It even tells the singles from the attached, >>li Epson's new low-end LX-850 I r 1: i 9-pin printer now comes with I <• ,-ty w some very clever top-end features. j I 4 Like the ever handy'paper park- ing' which easily switches between continuous paper to single sheet t
      267 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      MARKET SUMMARY
      284 3 SINGAPORE Other indices Close Previous Net change Mar 20 Mar 19 BT Composite 1357.27 1357.90 -0 63 RT-MGA 779.71 781.01 -1.30 ST Industrials 1564.05 1562 ?q V.'i? BT OB/OS 7 -'29 +122 BT CADI "5386 -5422 +36 BT 10-day MA -5379 -5378 BTOBV +*****57 +*****46 +***** ST Finance
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    • COMPANY BRIEFS
      • Article
        Selangor Dredging buys shares
        86 3 SELANGOR Dredging Bhd plans to acquire 3.4 million ordinary shares of M$ 1 each representing 43 per cent of the issued capital of Oriental Metal (M) Sdn Bhd. Malaysian International Merchant Bankers Bhd (MIMB) has been appointed as independent adviser to shareholders of Selangor Dredging in
        86 words
      • Article
        Wah-Chang replies to SES
        103 3 WAH-CHANG Electro-Plating Ltd has replied to the Stock Exchange of Singapore on the acquisition of Tong Aik Plastic (Factory) Pte Ltd. Wah-Chang said the group has no service contracts to be entered into with any directors or proposed directors of Tong Aik as a result of
        103 words
      • Article
        MBf Finance error
        68 3 MBf FINANCE Bhd has pointed out an error in its announcement dated March 12, relating to its proposed rights issue of 221.25 million shares at an issue price of 60 sen. It said the new shares will not be entitled to any dividend that may be declared
        68 words
    • Article
      Lock icon Mount Pleasure responds to KLSE
      154 3 Bernama MOUNT PLEASURE Holdings Bhd said yesterday it would be able to enjoy the synergies arising from operating the Princess Hotel and the City Square Shopping Complex, which it already owns, under one roof in Kuala Lumpur as well as the Ferringhi Beach Hotel in
      Bernama  -  154 words
    • Article
      Lock icon KFCH proposes bonus, rights issues
      266 3 Bernama KFC HOLDINGS (M) Bhd (KFCH) yesterday announced a bonus issue and rights issue, the proceeds of which totalling M 571.5 million would be used to reduce borrowings and to finance several of its major projects. The projects include the second phase of KFCH's integrated
      Bernama  -  266 words
    • Article
      What does the sphinx-like Ong Beng Seng have in mind?
      579 3  -  THE HOCK LOCK SIEW COLUMN By Elaine Koh TAKEOVER jargon like "white knights" and "poison pills" are creeping into local market vocabulary but the predators have yet to strike. Five months after he took his first bite of Malayan Credit,
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    • Article
      Lengthy wait for dealer licences causing concern
      392 3  -  By Rosie Tan THE stockbroking community is increasingly puzzled over the unusually long time the Stock Exchange of Singapore is taking to approve applications from aspiring dealers for a licence to trade in stocks and shares. Several applicants who applied for licences a
      392 words
    • Article, Illustration
      Keppel delivers floating docks
      207 3 KEPPEL CORPORATION Ltd has delivered two floating docks to its joint venture shipyard Chokhani International Ltd in Madras, India, which is expected to begin operating in the middle of the year. The first of the two docks arrived last Friday. Called Bharat, the dock has a
      207 words
    • Article
      Daiwa, Nomura beef up ops in anticipation of SES seats
      518 3  -  By Magdalene Ng AT LEAST TWO of the Japanese Big Four securities houses Nomura Securities and Daiwa Securities groups are aggressively beefing up their local operations in anticipation of being awarded seats on the Stock Exchange of Singapore. Industry sources
      518 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      255 3 AT SHIBATON UTTIE THINGS MIAN A lOT AT SHiIATON UTTIE THINGS ME AN A lOT AT SHfIATON o Z < z x he could hardly of bed to the to us doctor. So our the Asia's panacea for It all happened one morning in May the captain was coerced into
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  • REGIONAL COMPANY NEWS
    • Article
      MARKET SUMMARY 2
      188 4 HONGKONG Indices Close Open High Low Volume Change Hang Seng Index 2,880 2,871 2,888 2,870 +9 Hang Seng Spot 2,910 2,913 2,923 2,902 416 +7 Close Previous Net Change Mar 20 Mar 19 Hang Seng Finance 2,009.84 2,024.89 -15.05 Hang Seng Utilities 3,556.00 3,545.25 +10.75 Hang Seng
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    • COMPANY BRIEFS
      • Article
        Bid to calm Tokyo market
        86 4 /MAJOR Japanese brokerage houses will propose that the finance Ministry relax some market regulations to stem growing anxiety over the decline of the stock market, an official !from a major brokerage firm said. The suggestions were decided upon at an emergency meeting yesterday of general
        86 words
      • Article
        Bond Brewing sues syndicate
        67 4 BOND BREWING Holdings Ltd launched legal action in Melbourne on Monday against a banking syndicate for the "calamitous harm" suffered after the brewer was forced into temporary receivership. Allan Myers, lawyer for BBH, told .the Full Bench of the Victorian Supreme Court that the order •to
        67 words
    • Article, Illustration
      Lock icon Koito acts to stay on exchange's first section
      371 4 Reuter JAPANESE autoparts maker Koito Manufacturing Co Ltd sold 1.4 million outstanding shares to raise shareholder numbers in a bid to remain on the first section of the Tokyo Stock Exchange (TSE), a company official said. Koito yesterday sold the shares to
      Reuter  -  371 words
    • Article
      Lock icon Jardine profit put at HK$ l.4b
      493 4 Reuter LAST YEAR'S earnings at diversified trading house Jardine Matheson Holdings Ltd, due today, will show strong but slower growth after two years of surges in net profits, stock analysts said. They forecast Jardine to post 1989 profits of HKSI.42 billion to HKS 1.48
      Reuter  -  493 words
    • Article
      Lock icon NZ govt may sell all of Telecom Corp
      195 4 Reuter THE New Zealand government might sell all of Telecom Corp of New Zealand Ltd in one deal, with a guarantee that at least NZ$5OO million of shares be floated to the New Zealand public, State Owned Enterprises Minister Richard Prebble said.
      Reuter  -  195 words
    • Article
      Lock icon Jardine Fleming may sell stake in brokerage house
      338 4 Reuter HONGKONG-BASED Jardine Fleming Holdings Ltd is reluctantly negotiating to sell its 10 per cent stake in a Taiwan brokerage house to the major Taiwanese shareholder, sources close to Jardine Fleming say. Jardine Fleming officials declined to comment, but a source dose
      Reuter  -  338 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      138 4 Murdo MacSween and his forte, Cuisine j Moderne, are back at Gordon Grill for his 2nd encore! »^T~" Britain's most decorated chef and TV personality, Murdo returns with new surprises. Asian condiments subtly blended into continental specialities using age-old Chinese cooking methods! For lunch dinner, savour specialities like Mussel Bisque
      138 words
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      Page 4 Advertisements Column 2
      214 4 EID FAIR present new opportunities The Sultanate of Oman is a market that is growing apace. An exciting. challenging market that shows great promise and potential. To establish an already existing product even more securely in this arena... Or. to make a successful new entry into this burgeoning market, you
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      304 5 to* ,>s "The Day I Made Sioo.ooo For The Company And Still Lost Money Over Lunch." ■Bk fefc M V j 9 t Xgß M .*B 7» «fc 4ft > M» «■> g II n today's business world, we know that it takes personal cash flow to tide between reimbursements
      304 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      MARLET SUMMARTY 3
      95 6 NEW YORK Mar 19 Indices Close Pre*ious Net Change Dow Jones 2755.63 2741.22 +14.41 NYSE Composite 188 66 187.92 +0.74 Standard Poor's 500 343.53 341.91 +1.62 Turnover (nearest '000) 142,300 222.000 -59,700 LONDON Financial Times 30 1759.90 1789.4 -29.5 FTSE 100 2238.00 2263.9 -25.9 Turnover (nearest '000)
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    • Article, Illustration
      Lock icon UAL's unions team up with Coniston to replace directors
      443 6 AP UAL's unions and biggest shareholder announced on Monday a joint effort to install new directors in a shareholder proxy fight and buy the airline company for more than US$3.B billion. The offer, which included a no-strike commitment, shattered a lull
      AP  -  443 words
    • Article
      Lock icon C&W to sell stake in HK unit to Citic
      173 6 Reuter TELECOMMUNICATIONS firm Cable and Wireless pic has signed an agreement with China International Trust and Investment Corporation Holdings (Hongkong) Ltd (Citic) for the sale of a 20 per cent stake in C&Ws Hongkong Telecommunications Ltd subsidiary to Citic for HKSIO
      Reuter  -  173 words
    • Article
      Lock icon Perkin-Elmer set to finalise sale of operation
      390 6 Reuter PERKIN-ELMER CORP is near to closing the sale of its optical lithography semiconductor equipment operation to Silicon Valley Group in an agreement backed by International Business Machines Corp, its major customer. Industry sources in New York said on Monday that the structure
      Reuter  -  390 words
    • COMPANY BRIEFS
      • Article
        Drexel sells Nabisco stake to Kohlberg
        137 6 DREXEL BURNHAM LAMBERT INC, which continues to sell its securities portfolio as it winds down business, has sold its 3.9 per cent stake in RJR Nabisco Inc to Kohlberg Kravis Roberts and Co. Ruth Pachman, a spokeswoman for Kohlberg Kravis, said on Monday that
        137 words
      • Article
        Mercedes, Porsche to team up
        63 6 WEST GERMANY'S most prestigious car makers, Mercedes Benz and Porsche, signed a cooperation agreement on Monday on developing a new Mercedes. A Porsche spokesman said that the agreement, the size of which was not revealed, called for Porsche to supply body and motor parts for
        63 words
      • Article
        UK panel clears Toyota deal
        98 6 TOYOTA MOTOR CORP's proposed acquisition of a 51 per cent stake in Toyota (GB) Ltd held by Inchcape pic will not be referred for investigation to the UK Monopolies and Mergers Commission (MMC), the Department of Trade and Industry said. The MMC routinely investigates takeovers
        98 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      213 6 Wardley Leading Asia Pacific in Financial Expertise 1989 net profit of US$67 million, up 10% on 1988 with return on shareholders' funds of 31%. Total assets exceeded US$4 billion at year end. Highlights of 1989 performance: Arranged Hong Kong Dollar lending and capital market transactions of US$3.l billion Advised and
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      219 7 mms limes, wwbqwj f %*>Wf MAZDA 929 I rDir^r^ixinnnfxt U _J n i r I 1 11 v i I J JLIJniJL ULJJUL > ■I i'" I B s i rsr m rssr mmmm i s I I 9 M mil 1 ll_w J I I "1 3 aE |g|
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        New chief for troubled DFC New Zealand Ltd
        92 8 THE New Zealand Reserve Bank has appointed Sandy Maier as statutory manager and chief executive of collapsed investment bank DFC New Zealand Ltd. Mr Maier currently heads Citibank NA's New Zealand branch. He will take up his new job on April 3
        92 words
      • Article
        April 7 date for Group of Seven
        46 8 A US Treasury spokesman said the Group of Seven industrial nations will meet in Paris on April 7 as scheduled and reports that the meeting would be delayed because of differences over the East European development bank were untrue.
        46 words
      • Article
        Finance houses foster ties
        80 8 THE Finance Houses Association of Singapore (FHAS) recently paid a social call on its Malaysian counterpart, Association of Finance Companies of Malaysia (AFCM). The head of the Singapore delegation, FHAS chairman Yeo Yong Siang said the visit, which was at the invitation of AFCM, reflected the
        80 words
      • Article
        Dresdner tie-up with Meiji
        60 8 DRESDNER Bank AG has planned its first cooperation with a Japanese insurer, Meiji Mutual Life Insurance Company. Dresdner will give Meiji investment advice in Europe in return for support for Dresdner's activities in the Far East. Meiji is Japan's fourth largest life insurer, with assets of
        60 words
      • Article
        The legal call of Kookaburra
        125 8 THE Kookaburra, the Australian bird with a distinctive laugh-like call, will feature on Australia's first legal tender silver bullion coin to be released in late April, GoldCorp Australia said. The one-ounce coin, 99.9 per cent pure, will be traded in line with international silver prices,
        125 words
      • Article
        Taipei's bid to ease squeeze
        110 8 TAIWAN'S Central Bank has repurchased commercial paper, treasury bills and certificates of deposit from banks to help ease the current credit squeeze, but bankers said the move would not push bank interest rates down. The bank bought over NT$B billion worth of government paper on
        110 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 8 Dollar$ Non$en$e
        2 words
    • Article
      ECICS factoring unit in Manila joint venture
      523 8  -  From Al 0 Labita Jr in MANILA INTERNATIONAL Factors (S) Pte Ltd, a subsidiary of the Export Credit Insurance Corporation of Singapore (ECICS), has set up a joint venture company in the Philippines to provide factoring services. Its partner is the United Coconut
      523 words
    • Article
      Lock icon Malaysian factoring industry catching up quickly with rest of Asia
      291 8 Bernama MALAYSIA'S factoring industry is fast catching up with the rest of Asia, which is the fastest growing region for the industry worldwide, an official of Factors Chain International (FCI) says. Secretary-general Jeroen Kohnstamm said on Monday that while the
      Bernama  -  291 words
    • Article
      Lock icon EMS entry would give UK 3b rise in exports: study
      193 8 AFP BRITAIN'S full entry into the European Monetary System (EMS) would result in an almost £3 billion rise in exports in the first year, according to a study published in London. Almost two thirds of companies questioned in the study
      AFP  -  193 words
    • Article
      Lock icon S Koreans seek lower bank rates
      186 8 Reuter SOUTH KOREAN businessmen have urged the government to lower bank rates and take other measures to halt a slowdown in the country's economy. A spokesman for the Federation of Korean Industries (FKI) told reporters in Seoul on Monday that urgent government action was
      Reuter  -  186 words
    • Article
      Pan Indon Bank to make debut with US$ 20m deal
      243 8 PAN INDONESIAN Bank (Panin Bank) will make its debut on the Singapore capital market this Friday when it signs an agreement to raise a US$2O million revolving credit facility. Proceeds from the facility, which was arranged by Singa-pore-based Asean Finance
      243 words
    • Article
      Lock icon Don't go overboard in regulating junk bonds, says SEC
      285 8 AP SECURITIES and Exchange Commission chairman Richard C Breeden says American federal regulators need to keep closer tabs on the junk bond market but cautioned against "overly intrusive" legislation. In a letter accompanying an SEC report on high yield "junk bonds"
      AP  -  285 words
    • Article
      Lock icon Bundesbank still sees need for minimum reserves
      209 8 Reuter THE Bundesbank has defended its minimum reserve requirements in view of monetary reforms in East Germany. In its March monthly report, the Bundesbank said East German acceptance of monetary union and the creation of a two-tier banking system in East Germany meant
      Reuter  -  209 words
    • Article
      Lock icon Hawke retracts falling interest rate forecast
      267 8 AFP AUSTRALIAN Prime Minister Bob Hawke predicted yesterday a two percentage-point interest rate fall if his government were re-elected, but withdrew his forecast within an hour. The back-off, which the local media described as a gaffe, came only four days before Saturday's general elections
      AFP  -  267 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      127 8 FOR SALE BY 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) V Freehold site area of 7,233.8 sq m (77,864 sq ft) vV Current
      127 words
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      Page 8 Advertisements Column 2
      33 8 World's first desktop colour Affordable* Fascinating Atectra Sole distributor South East Asia SPECTRA communication No. 8 Jalan Kilang Timor, #02-05 IVI^M systems PTE^tio J Kewalram House, Singapore 0315. Tel: *****11 Fax: *****48 Sa9fl
      33 words
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  • THE REGION
    • Article, Illustration
      Lock icon Malaysia records 8.5pc growth
      462 9 Bernama MALAYSIA saw real growth of 8.5 per cent last year and is poised for further expansion, said Malaysian Trade and Industry Minister Datuk Seri Rafidah Aziz yesterday. She added that what was most important was that the robust growth last year above the Treasury's forecast
      Bernama  -  462 words
    • Article
      Lock icon KL ministry may dangle R&D incentives
      278 9 Bernama THE MALAYSIAN Trade and Industry Ministry is proposing that certain incentives be provided to encourage companies to establish research operations in the country. Speaking to newsmen after opening an international factoring conference in Kuala Lumpur yesterday, Trade and Industry Minister Datuk Sen Rafidah
      Bernama  -  278 words
    • Article
      Lock icon KL's tyre plant plan found not feasible
      185 9 Bernama A PROPOSAL for establishing a tyre plant in Malaysia to supply the world market has been found not feasible. Trade and Industry Minister Datuk Seri Rafidah Aziz told newsmen after opening a one-day conference on international factoring in Kuala Lumpur yesterday that
      Bernama  -  185 words
    • NOTE BOOK
      • Article
        Lock icon Tourism projects to be retained
        72 9 Bernama SEVERAL POPULAR PROGRAMMES held in conjunction with Visit Malaysia Year 1990 will be continued next year to boost the country's tourism industry. Speaking in Penang yesterday, Malaysian Culture and Tourism Minister Datuk Sabbaruddin Chik said events such as the world boardsailing competition in Kuantan
        Bernama  -  72 words
      • Article
        Lock icon Move to develop Perak districts
        85 9 Bernama THE PERAK GOVERNMENT is preparing a project paper to set up a North Perak Regional Development Corporation to develop areas which had been left undeveloped due to the communist threat. Menteri Besar Tan Sri Ramli Ngah Talib said in Ipoh yesterday that a committee
        Bernama  -  85 words
      • Article
        Lock icon Erosion along M'sian coast
        73 9 Bernama ALMOST A THIRD of Malaysia's coastline, especially along the peninsular west coast is facing acute erosion. Speaking to reporters after chairing a meeting with state executive councillors in charge of the environment in Johor Baru yesterday, Malaysian Science, Technology and Environment Minister Datuk Amar Stephen
        Bernama  -  73 words
      • Article
        Lock icon ILO urged to be flexible
        79 9 Bernama THE INTERNATIONAL Labour Organisation's Committee on Monitoring Implementation of ILO Standards needs to be less rigid to avoid being seen as a policing body "poised to pounce" on developing countries for the slightest infringement. Making the call in Kuala Lumpur yesterday, Malaysian Human Resources
        Bernama  -  79 words
    • Article, Illustration
      Lock icon US refuses to pay shortfall in pledged aid to Manila
      263 9 AFP WASHINGTON has rejected Philippine demands for the payment of a US$96 million shortfall in compensation for two US military bases in the country. Philippine Foreign Secretary Raul Manglapus yesterday told reporters in Manila that the Philippines remained hopeful that
      AFP  -  263 words
    • Article
      Lock icon Philippine senator criticises Mahathir
      203 9 AFP A PHILIPPINE senator has said that Malaysian Prime Minister Mahathir Mohammad has no right to deport Filipino immigrants in Sabah since Manila still has a pending sovereignty claim on the East Malaysian state. "We have not waived our rightful claim to Sabah, and therefore the
      AFP  -  203 words
    • Article
      Lock icon Muslim rebels open to alliance idea
      200 9 AFP MUSLIM SEPARATISTS are willing to form an alliance with right-wing rebel soldiers who launched last December's bloody coup attempt against President Corazon Aquino. A spokesman for the Mora National Liberation Front (MNLF) yesterday said rebel soldiers vowed to recognise the 1976 Tripoli Agreement,
      AFP  -  200 words
  • Page 9 Advertisements
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      169 9 Build on the Fast, J Look to the Riture. Introducing the Hewlett-Packard ■PP Vectra 486 PC. It. You can now move to the future of the memory that relieves bottlenecks and highest-end of the multi-user market. PC market and take the past with you. speeds throughput. Take a giant step
      169 words
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  • THE WORLD 1
    • Article
      Lock icon White House to resist cuts in defence
      279 10 Reuter THE Bush administration said on Monday it would resist congressional demands for steep defence cuts right now, but admitted arms spending may be slashed sharply if the relaxation in East-West tensions continues. "We have presented a budget...We intend to stick with that
      Reuter  -  279 words
    • Article
      Lock icon Bush proposes new airport tax
      419 10 AP THE Bush administration on Monday sent Congress a US$22 billion, five-year plan for commercial aviation to be funded by a new airport tax of up to US$ 12 per roundtrip and 25 per cent increases in other aviation taxes. Federal Aviation Administrator James B
      AP  -  419 words
    • Article, Illustration
      Lock icon Roh wants new policy drafted
      284 10 AFP PRESIDENT Roh Tae-Woo yesterday urged his newly reshuffled cabinet to draft a comprehensive policy to overcome the slumping economy and stamp out rising crime. Mr Roh made the demands during his first cabinet meeting after reshuffling his government on Saturday. All ministers in charge
      AFP  -  284 words
    • Article
      Lock icon Japan to open bids for govt satellites
      331 10 Asahi BOWING to pressure from Washington, Japan will hold open bidding for government satellites that will serve commercial purposes, Japanese government sources said on Monday. The move is aimed at giving foreign companies increased access to Japan's government satellite market. The United States
      Asahi  -  331 words
    • Article
      Lock icon Tokyo ready to act on disputes, says Mosbacher
      368 10 Reuter US COMMERCE Secretary Robert Mosbacher says Japan is convinced that USJapanese trade disputes cannot be allowed to fester. Speaking on his return to Washington on Monday from a two-week trip to Tokyo, he said he believed that Japanese officials and businessmen
      Reuter  -  368 words
    • Article
      Lock icon Indian budget stresses agriculture, exports
      119 10 NYT INDIA'S 14-week-old centrist government on Monday made its first substantial economic statement with a budget that is pro-agriculture and pro-export. While the budget emohaKSA4 ptiiuiC panies, cars, television sets and gasoline. The budget represents a move away from capital-in-tensive development projects by shifting resources
      NYT  -  119 words
    • Article
      Lock icon A clear choice for economic reforms
      404 11 AFP WEST GERMAN economic experts have welcomed the conservative victory in Sunday's East German general election, saying it would ensure political stability and speed up the transition to a market economy. The Frankfurt stock market, a key barometer of investor sentiment, also reacted favourably
      AFP  -  404 words
    • Article
      Lock icon Tass: E German votes influenced by Bonn
      128 11 Reuter THE Soviet news agency Tass said on Monday that West German interference in the East German election campaign, particularly by conservative parties, had influenced the outcome. But Tass, in the first Soviet commentary on the runaway victory by conservatives in Sunday's East
      Reuter  -  128 words
    • Article, Illustration
      Lock icon Moscow warns Lithuania against taking over
      304 11 AP THE SOVIET government on Monday issued a strident warning that Lithuania would not be allowed to put up its own customs posts, introduce its own currency or take over Moscow-run factories without permission. The warning represented the first concrete steps taken by the
      AP  -  304 words
    • Article
      Lock icon Soviets warned of limits to Polish model
      231 11 AP THE SOVIET UNION'S reported consideration of Pol-ish-style radical economic reforms indicates an admission that perestroika so far has been insufficient, says one of the architects of Poland's plan. But Moscow must not follow the Polish strategy too closely, because there were substantial
      AP  -  231 words
    • Article, Illustration
      Lock icon Kohl throws down the gauntlet to E Europe
      357 11 Reuter EAST EUROPEAN nations were expected to respond yesterday to a challenge from the West to turn their backs on Stalinist economics and embrace free market principles. On the first day of a three-week conference in Bonn dedicated to reshaping the economic
      Reuter  -  357 words
    • WOLRD WATCH
      • Article
        Lock icon Poland, Soviet Union sign pact
        65 11 AFP POLAND and the Soviet Union signed a trade agreement for 1990 in Warsaw on Monday, after overcoming a deadlock that arose on Saturday in bilateral negotiations carried on within a mixed economic commission meeting, PAP news agency reported. The agency said the agreement was
        AFP  -  65 words
      • Article
        Lock icon Most-favoured nation status
        43 11 AP US President George Bush could grant the Soviet Union "most-favoured nation" trading status at the July economic summit in Houston if the Soviets enact, as expected, legisla- tion permitting free emigration, Commerce Secretary Robert Mosbacher said on Monday. AP >
        AP  -  43 words
      • Article
        Lock icon Equal chances for E Germans
        67 11 AFP THE leader of an East German businessmen's organisation has called for domestic firms to be given the same chances as foreigners setting up in East Germany. "We are for a market economy," Rudolf Stadermann, head of a small and medium sized businessmen's association set
        AFP  -  67 words
      • Article
        Lock icon Economy: Panama's peril
        74 11 AP THE biggest threat to Panama's President Guillermo Endara's new civilian government comes not from an opposition group or an enemy army, but from a collapsing economy. An estimated one-third of the country's workers are unemployed and the gross national product has plummeted. "We cannot sit and
        AP  -  74 words
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      118 10 From the hardiest machinery to the most delicate livestock, you can trust your cargo to Thai. Not because of our 5,300 scf. m. cargo handling warehouse, or our extensive network that spans 7i cities in 36 countries. But because of our personal attention to your needs, and because we handle
      118 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      263 11 Our Rotating Cassette can turn up big copier savings. 1 V- J I J CASSCTTI If We know how frustrating copying Non-Stop Copying for huge volumes. Other features include: Dual Pace Copy can be sometimes. Photo Mode 151-step zoom from 50% to Especially when you're changing the If the Rotating
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  • Article
    The German Revolution
    465 12 EDITORIAL WHEN a free election is said to be the first and presumably the last for a country, the statement appears to suggest the impending demise of democracy and perhaps the beginning of national fragmentation. In the case of East Germany, however, precisely the opposite is true.
    465 words
  • WHAT THE OTHERS SAY
    • Article
      Know thy neighbour
      186 12 THERE ARE incipient signs of young Singaporeans growing up without knowing enough about their fellow citizens of other races. Already, a warning has been sounded about the possibility of Special Assistance Plan schools unwittingly fostering the segregation of brighter students along racial lines. The differences between Singaporeans
      186 words
    • Article
      Funding town councils
      167 12 SINGAPOREANS living in HDB estates should be concerned about the lack of funds faced by town councils, an issue raised in the current parliamentary debate. The spectre of dirty housing estates was not what Singaporeans looked forward to when they opted for town councils to replace the
      167 words
    • Article
      NMPs' added role
      119 12 IT IS A far-sighted move to allow nominated MPs to assume ministerial or other government posts. At first glance, the proposal seems superfluous. Talent is not in short supply in parliament, is it? However, no one can tell how long the present situation will last. Besides, Singapore
      119 words
  • REGIONAL VIEWPOINTS
    • Article
      'On the take' in Manila
      181 12 FROM THE IMBROGLIO of Philippine politics there sometimes bubble up scenes that play like a television comedy series, featuring such stars as Cory Aquino and the Coup Plotters. One recent episode, for example, brought us the spectacle of President Aquino's press secretary, Tomas "Buddy" Gomez,
      181 words
    • Article
      What outside interference?
      138 12 THE COMPLAINT made recently by Jakarta's Deputy Governor for Governmental Affairs M Basofi that "too many hands" were trying to rule Jakarta, thus making it difficult for the city administration to properly carry out its carefully planned programmes, certainly deserves our attention. Without mentioning names, Mr Basofi
      138 words
    • Article
      Meaningless offer
      168 12 IT MAY SEEM churlish to be so dismissive of what looks like a generous gesture, but the offer by the US to take half of all new Vietnamese refugees is practically meaningless. Washington's announcement in London over the weekend won some easy publicity for a scheme which would
      168 words
  • Article, Illustration
    Lock icon Hawke: The man and his vision
    810 12  -  Peter Mackler profiles a fast-talking, hard-hitting radical fighter of a prime minister. Peter Mackler AFP Australian Prime Minister Bob Hawke is riding a political contradiction as he seeks a fourth term in office a Labour leader staking his future on patently conservative policies. For
    AFP  -  810 words
  • Page 12 Advertisements
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      90 12 '1 it n ii •i f (t ilviiyi^^H Vitamin E is important for good health Its positive influence on your skin complexion and blood circulation keeps you looking and feeling good And the Vitamin E in Golden Health is derived 100°/o from natural sources So if you re looking for
      90 words
  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article
      Christians in Beijing still bear a heavy cross
      921 13  -  The Church again is under attack in communist China. Louise Branson, writing for BT from Beijing, reports. Louise Branson IT LOOKED so normal. A late-19th Century neo-Gothic church. A choir practising easter hymns. Spring sunshine streaming down through stained-glass windows on devout
      921 words
    • Article, Illustration
      The worst and the best of times
      1252 13  -  Paul Samuelson peeks into the 1990s as an economist would, hedging his bets confidently though. Paul Samuelson WE ENTER the *****. How will the 20th Century end? The poet Eliot suspected "not with a bang but a whimper". The poet Frost gave us
      1,252 words
    • Article, Illustration
      Lock icon The German response to Japanese luxury cars
      873 13  -  What are the folks at Stuttgart and Munich doing about the new Lexus and Infiniti models from the Land of the Rising Sun? F Protzmann finds out. F Protzmann NYT WHEN Toyota Motor Corp and Nissan Motor Co began shaping plans to make
      NYT  -  873 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      69 13 specwiaa m Fine Hand-knooed Carpets p| Sunday, Mar. 25, 1990. SS I l*| Grand Ballroom pi Hilton International O 100 Tribal And Fine Oriental jpS Q Auction Sale: 1.30pm spm jkjjjj Q All lots are guaranteed and backed by a full trade in value at our showroom. jW Auctioneers: Cheonfl
      69 words
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  • SPORTS
    • SIDE LINES
      • Article
        Lock icon Taylor gets re-match against Chavez
        89 14 AP THE WORLD Boxing Association has decided that Meldrick Taylor will have a re-match against super-lightweight Mexican Julio Cesar Chavez. The organisation's lawyer, Gabriel Penagancano. said in Puerto Rico on Monday that no date has been set for the fight. Chavez was declared the winner
        AP  -  89 words
      • Article
        Lock icon Blackhawks land berth
        104 14 AP THE CHICAGO Blackhawks clinched a National Hockey League play-off berth on Monday by defeating the Toronto Maple Leafs 3-2 as Denis Savard scored two goals. The Blackhawks took a 1-0 lead just 1:38 into the game on Steve Thomas' 35th goal, equalling his career high. Savard
        AP  -  104 words
      • Article
        Lock icon Penske power
        108 14 AP THE PENSKE racing team entered eight cars for three former Indianapolis 500 winners on Monday, including defending champion Emerson Fittipaldi and three-time winner Rick Mears. The Indianapolis Motor Speedway opens for practice on Saturday, May 5, with qualifications scheduled for May 12-13 and May 19-20 for the
        AP  -  108 words
      • Article
        Lock icon Isabella makes her mark
        60 14 AFP ISABELLA DI GIOVANNI, 21, on Monday became the first female Italian football fan to appear before a court for hooliganism. She was given a three-month suspended sentence by a Rome court for taking part in fighting between fans of Lazio and AS Roma. Di Giovanni
        AFP  -  60 words
      • Article
        Lock icon Change in free kick rule
        130 14 AP CHILE'S pre-season soccer tournament opened in Santiago over the weekend with a change in the free kick rule that received cautious approval from players, coaches and referees. The change calls for the free kicks to be shot from the mouth of the large box
        AP  -  130 words
      • Article
        Lock icon A humbling encounter
        78 14 AP A FEW GROGGY football giants risk being brought back to earth with a bump today when they go into the closing matches of their European Cup competition quarter-finals. Reigning European Cup holders AC Milan have been dazed and confused in the past fortnight lumbering from defeat
        AP  -  78 words
      • Article
        Lock icon Moreau cycles to lead
        79 14 AP FRENCH RIDER Francis Moreau on Monday became the first overall leader in the 27th Catalonian Week cycling race following the opening leg. Moreau was first in the first event, an individual time trial over five kilometres. He completed an urban circuit in Torredembarra in six
        AP  -  79 words
      • Article
        Lock icon Skillman gets her chance
        85 14 Reuter OLYMPIAN Janet Evans stayed home, paving the way for Jane Skillman to win the 1000-yard freestyle event at the US swimming short course national championships in Tennessee on Monday. Without the threat from Evans, who holds the American short-course record at 9:25.49, Skillman, 16, shaved
        Reuter  -  85 words
      • Article
        Lock icon Back in squad
        50 14 AFP FIJI has brought back former national captain Salacieli Naivilawasa for its rugby union match against Tonga on Saturday. Front-rower Naivilawasa was recalled as one of four changes to the side beaten 21-12 by Queensland last week. Naivilawasa toured Europe with the Fijian team last year. AFP
        AFP  -  50 words
    • Article, Illustration
      Well-honed skills get a tiny boost from chance
      461 14  -  By Charles Savage TANAH MERAH flirted with Mexican Carlos Espinosa last year, teasing and enticing him during play. But on the last hole, she decided to stick with the familiar instead. Espinosa bogeyed his chance and 1983 winner Taiwan's Lu Chien Soon
      461 words
    • Article, Illustration
      Lock icon England in danger of humiliating defeat
      204 14 AP ENGLAND'S cricketers were in danger of a morale-shatter-ing defeat against the President's Eleven at the end of the third day of the four-day match in Pointe-A-Pierre, Trinidad, on Monday. The vital third Test against the West Indies starts in Port-Of-Spain on Friday. After
      AP  -  204 words
    • Article, Illustration
      Lock icon Edberg breezes to victory while Capriati tastes defeat
      492 14 AP Reuter NUMBER THREE SEED Stefan Edberg had an easy 6-2, 6-1 win over Amos Mansdorf on Monday in the third round of the International Players Championships in Key Biscayne, which was later postponed because of rain. Rising star Jennifer Capriati, meanwhile,
      AP; Reuter  -  492 words
    • Article
      Lock icon Davis helps to put Mavericks ahead of Hawks
      369 14 AP BRAD DAVIS made two 3point baskets to spark a 10point run and Sam Perkins scored 12 points in the fourth quarter, leading the Dallas Mavericks to a 117-110 victory over the Atlanta Hawks. Davis put the Mavericks ahead to stay at
      AP  -  369 words
    • Article
      Lock icon Who said anything about quality control?
      497 14 NYT IN TAKING so long to agree on their labour treaty, the club owners and the players in the US have invented microwave baseball. Put the pitchers and the hitters in spring training for less than three weeks, set the timer for only two
      NYT  -  497 words
    • Article
      Lock icon Date set for Douglas's heavyweight law suit
      170 14 AP A FEDERAL JUDGE on Monday set an April 9 trial date for heavyweight champion Buster Douglas, who wants to break his contract with promoter Don King and fight under a potential US$6O-million deal with The Mirage hotel-casino. US District Judge Howard McKibben
      AP  -  170 words
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  • Page 15 Advertisements
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      547 15 I I I I I Offices At The Heart Of Chinatown I I I H M In I M ~l lii 9 I I J h I Hi MrPE I *fe#f mm*.;• M uM T mi III'?'* BH I C "'V -'3HB|J' *****11 9n I I ***** Q D tMIT"
      547 words
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  • Page 16 Advertisements
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      886 16 AND ENTERTAIN... TO WINE, DINE... Some of our best advertising is by word-of-mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or 338 8585 ext *****/6. FALM GRILL A WESTIN Honu^Rtioms Neptune's International Feast 22-31 March 1990
      886 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      685 16 TELEVISION AND RADIO A A•£* j .1 r,nds herself extremely at- 8.00 National News (M). BUSINESS ON RADIO ¥TATI TAtlCh x. tracted to him. As Bo is obvi- 8.25 Telecast of the Opening e< the W V-; VCll I C 1 L 1M m Fashk,n ous,y n( l a very
      685 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Children: victims of social ills
      1195 17  -  The gradual weakening of the Japanese man's role in the family has deprived children of their fathers and wives of their husbands. Elaine Kurtenbach takes a look at how Japanese children are affected by the loosening of traditional family ties. Elaine Kurtenbach AP IN AN
      AP  -  1,195 words
    • Article
      Michener threatens to change publisher
      246 17 CHATTERBOX JAMES MICHENER, who has published more than 30 books with Random House, has threatened to leave the company for "some small house, obedient to the old traditions". Declaring himself "one of Random House's oldest and most loyal writers", Michener said on Monday he has
      246 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      260 17 AND ENTERTAIN A Yen For Fresh Japanese Food. Unkai is one of the few Japanese restaurants in town to fly in fresh ingredients daily from Japan. So you can feast on nothing less than the freshest and most exquisite of sushi, sashimi, teppanyaki and other Japanese specialties. Lunch: 12noon to
      260 words
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      Page 17 Advertisements Column 2
      141 17 9-COURSE DELICACIES I k*L% 9BONUSITEMS j our ii 1 Oft e Enjoy the following bonus items now! Valid till 31/3/90 (D Free tea refreshment [j£ns?s?s2s?s?nns?s2s?s2s?^«] (2) Free-flow of stout beer Jjj 1 ASSORTED COLD CUTS g) (3) Suntax 35mm camera 2 SHARK'S FIN W/CRAB MEAT 3 3 rolls Konica 135-35
      141 words
    • Advertisement
      Page 17 Advertisements Column 3
      74 17 Frisco ■restaurant Frisco ofTcr the finest continental amine with cosy, friendly ambience. EXCLUSIVE BUSINESS LUNCH 11.00 am to 2.30pm Set Lunch 0 $28.00♦♦ per person (menu changes daily) ROMANTIC DINNER 6.00pm to 10.00pm Candle-light Set Dinner $25.00++ per person HAPPY HOURS 3pm to 10.00pm All alcoholic beverages except wine are
      74 words
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      Page 17 Advertisements Column 4
      281 17 i TRADITIONAL Cantonese Cms 11 f j ;..l ,1_ ,>f Ji j BEST HONG KONG r DIAN XIN IN TOWN I China China Restaurant 1 Mawna Bay Golf* CouhihyQaw L V A 9 6 Mawna Gkien Singapore oioi FOR Rbctvattons PIAASE CALL mm I. W ri. Traditional Refined Sushi AOYAMA
      281 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market a big yawn as investors stay out
      4245 18  -  By Lim Mui Khi THE LOCAL MARKET yawned throughout the day yesterday. Not even the much touted discount rate hike announced at midday in Tokyo was able to shake investor lethargy. Said a senior analyst at a foreign broking house: "The market
      4,245 words
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  • STOCK EXCHANGE OF SINGAPORE 2
    • Article
      OTC market chalks up marginal gains
      3232 19  -  By Lim Mui Khi SHARE PRICES on Clob International, the over-the-counter market, closed marginally higher on increased volume yesterday. The UOB OTC Index rose 1.56 points to 983 but the Business Times Composite Index, which also tracks Singapore counters, fell 0.63 points to 1,357.27.
      3,232 words
  • Article
    BONDS, LOANS AND WARRANTS INFORMATION SERVICE
    914 19 Cowvenfow period Interest Coavcnfcxi tern for omt ordinan 1* *»*>*>" P«y«W« r jB C—way Lot 19M "5 Dec 31 Cmiw) III Oct 2. 1989 to Oct 20. 1994 1 warrant plus $1 cash or 1 warrant plus {1 nominal amount of loan stock Omm
    914 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Second-liners gain ground
      3376 20 INVESTORS, undaunted by the 456point drop in Tokyo, went on a buying spree for attractively priced stocks, enabling the Kuala Lumpur stock market to close higher in moderate trading. Dealers said interest was focused on selected second-liners with most of them posting handsome gains. Cases in point
      3,376 words
  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS DUE
      666 20 Singapore Stocks Last Full Year Company Period Date Year Net EPS Gross Net anraxmced endnj (cents) dw profit last re» (J'000) MI Intenm Jan 27 )un 90 169.6 100 0 516 Guthrie GTS Final Feb 22 Dec 89 U17L hetan Final Feb 28 No* 89 391 10.0 11.728
      666 words
    • Article
      DIVIDENDS ANNOUNCED
      647 20 Current Ex Books Date Total for Total far payment date dose payable the year last year Asean Fund USlOC(b) Mar 7 Mai 19 Mar 26 US10C A vino 15%TE Feb 28 Mar 12 May 15 25%TE 25%TE BAT 90 9%(n) Apr 6 Apr 19 May 3 122 7%(n)
      647 words
    • Article
      APPROVED ISSUES
      374 20 Company Rights Issue MM One tor-tour M$2 40 per share F«date Mar 8 Books close Mar 22 Acceptance 4 Payment NYA C4C Two-tor five fe $2.10 per share Three warrants tor every 10 eiisbng shares held at $0 48 per warrant E»date Feb 7 Books dose Feb 19
      374 words
    • Article
      COMPANY MEETINGS
      122 20 Pacific Can Investment takings Limited: First AGM at No 1 Sixth Lok Yang Road, Singapore 2262 on Thursday, Mar 22, at 10.30 am. Malayan United Industries Berttad: EGM at MUI Plaza Conference Centre. Ist Floor, MUI Plaza, lalan P Ramlee, ***** Kuala Lumpur on Saturday, Mar 24, at
      122 words
    • Article
      RECORD HIGHS AND LOWS
      136 20 rt CnmnoOtp index ST Industrials Index BT Composite IWx im l595 40 (2Q/2/90) SSf X* /Sn/2 1990 *****3 (26/ l /90) SJSl rom m (26/12/89) 2SSf q?5S l S *****9 (4/l/89) 22 El (8/8/M) q2 Sf 5S5 !/w2 19 ***** (4/l/88) iSLMfr l2?W fi S 1595
      136 words
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  • REGIONAL STOCK MARKETS
    • Tokyo closes sharply lower after a volatile day
      • Article
        .HONGKONG
        1075 21 SHARE PRICES on the Hongkong stock exchange stood firm yesterday despite sharp loss on the Tokyo bourse, posing generally higher in moderate trading. v The Hang Seng Index, the market's Icey indicator of blue chips, advanced 9 points to finish at 2,880. Turnover expanded slightly to HK5932.32 million from
        1,075 words
      • Article
        TOKYO
        786 21 TOKYO PRICES closed sharply lower yesterday after a day of volatile trading during which the Bank of Japan raised ihe official discount rate a full percentage point to 5.25 per cent. Some index-linked buying helped pull some stocks off their lows. But caution prevailed amid nagging currency qualms and
        786 words
      • Article
        MANILA
        138 21 PHILIPPINE shares fell sharply yesterday ahead of planned petrol price increases and amid talk a nationwide transport strike would follow, brokers said. They added that the reaction caused massive profit-taking that shaved off a big portion of last week's gains. The Manila Stock Exchange composite index closed at 1,117.00,
        138 words
      • Article
        SEOUL
        214 21 SEOUL STOCKS rose yesterday in anticipation of measures to boost the economy from the new cabinet but brokers said the increase could be short-lived. The composite index closed at 849.98, firming 10.56 points from the previous close. Turnover picked up but was still a moderate 318.7 billion won compared
        214 words
      • Article
        TAIPEI
        389 21 TAIWANESE STOCKS rebounded to close higher yesterday after investors took heart on news that the ruling Nationalist Party had promised to call a national conference to discuss political reforms, dealers said. The weighted index rose 77.86 points, or 0.68 per cent, to finish at 11,447.55 against Monday's 11,369.69 close.
        389 words
      • Article
        JAKARTA
        70 21 BANK STOCKS surged in Jakarta yesterday, spurred by talk the government will allow foreign investors to buy bank shares from April 1, the start of the new financial year. Active trading in all seven of the listed bank shares pushed prices up. Most rose by between 1,200 and 1,700
        70 words
      • Article
        BOMBAY
        71 21 SHARE PRICES ended sharply up in Bombay yesterday but off their highs in heavy volatile trading, boosted by tax breaks for industry in the 1990/91 budget, brokers said. They said stocks of foreign companies were most sought after as they were expected to benefit substantially from a cut in
        71 words
      • Article
        BANGKOK
        200 21 THAI STOCKS declined broadly yesterday but closed off lows after cautious investors reacted to Tokyo's sharp setback on Monday, brokers said. The composite SET Index fell 3.67 points to close at 786.65. Declines led advances 87 to 38. CMIC, Siam City Cement and Tropical Canning topped the active list.
        200 words
      • Article
        SYDNEY
        508 21 AUSTRALIA'S sharemarket finished marginally weaker yesterday after drifting back up from its morning lows, but volume remained thin, brokers said. The All Ordinaries index was a whisker firmer at 1595.8 after falling to a low of 1591.9 earlier in the day. Brokers said Japan's volatile Nikkei index, which ended
        508 words
      • Article
        NEW ZEALAND
        64 21 NEW ZEALAND shares closed lower yesterday but brokers said the impact of the government's decision to sell Telecom of New Zealand was minimal. They said the impending sale had been built into the market, but perhaps more significant was the government's decision not to introduce a capital gains
        64 words
      • Article, Illustration
        Untitled
        0 21
        0 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      265 21 I I Money 90 Hong Kong is Asia's definitive finance and international Investment exhibition. Celebrating 5 years of introducing financial advice to investors, it is the largest international financial forum in Hong Kong New StnamliMd Foraiat At thel99o Hong Kong Money Show, exhibitors will be divided into 3 financial centres
      265 words
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  • Dow recoups early losses to close 14 points higher
    • Article, Illustration
      NEW YORK
      1024 22 THE NEW YORK stock market on Monday rebounded from steep early losses to close higher as investors bet on a US economy that would avoid recession and deliver profits to companies whose profits largely depend on a healthy economy. The Dow Jones industrial average, down as many as
      1,024 words
    • Article, Illustration
      LONDON
      770 22 UK SHARES yesterday held their opening gains at midsession in very dull trading ahead of Chancellor John Major's budget, due at 1530 GMT. But dealers said the budget was unlikely to bring surprises and many investors were looking ahead to February's trade data and a key parliamentary by-election, both
      770 words
    • Article
      AMSTERDAM
      216 22 DUTCFI shares yesterday retreated slightly from their highs in a very quiet market ahead of the release of a number of US economic indicators. The allshare index stood at 114.3 per cent, below a high of 114.4 per cent but still above Monday's close of 113.8 per cent. Other
      216 words
    • Article
      FRANKFURT
      194 22 WEST GERMAN shares yesterday closed mixed as a second day of heavy losses in Tokyo and slightly lower bond prices further unsettled an already cautious market. The 30-share DAX index ended 2.06 points higher at 1908.83. Dealers said the DAX rose on demand for selected blue chips in the
      194 words
    • Article
      MILAN
      133 22 ITALIAN blue chips yesterday were trading mixed to easier with FIAT slipping slightly and insurance companies holding their ground in early trading. At midmorning, the MIB index was un- changed at 996. Traders said the market was awaiting a lead from Frankfurt where shares appeared to have entered a
      133 words
    • Article
      ZURICH
      276 22 SELECTIVE trader buying pulled Swiw stocks back from earlier lower levels at mid-day yesterday but the bias reYnained on the downside. Dealers said, investors remained cautious about the* development in international markets. The heavy fall in Tokyo's Nikkei index and the one point rise in Japan's discount rate to
      276 words
    • Article
      Untitled
      539 22 Brussels Mar 19 Francs FORWARD MARKET Acec 4800 -100 Arbed 4920 -30 Astur 1375 +11 Brascan 716 -22 Canpac 720 -8 Cock 198 -2 De Beers 798 Ebes. 4195 +40 Gb-lnno-Bm 1214 -12 Gevaert .....8730 -70 Gr Bru Lamb 4010 -10 Hobok Pctro ***** -150 Ryl Dutch 2655 -30 Sidro
      539 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      285 22 LEADING FUTURES BROKING FIRM 1 Manager-Financial Futures $60,000-$lOO,OOO Our client is a well-established futures broking firm which is very active in all the major financial futures markets around the world. The r firm wishes to appoint an experienced manager who will take charge of its very active financial futures operations.
      285 words
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      Page 22 Advertisements Column 2
      78 22 t COMMERCIAL LAUNDRY FOR TAKEOVER We are a leading firm and one of the pioneers in this business sector with established track record of successful work carried out for numerous organisations Including, government bodies and hotels. We are seeking a local or an overseas party who may wish to acquire
      78 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      East German election results boost West German mark
      1200 23 FOREX MARKET REPORTS THE CONSERVATIVE party victory in East Germany and the sharp fall in Tokyo stock prices made their impact felt as the US dollar fell against the West German mark but gained against the Japanese yen on currency markets yesterday.
      1,200 words
    • Article
      INTERBANK FOREX RATES
      405 23 Cross rates Mar 20 USS S$ MS Dm Yen SFr AS NZJ USS 1.8730 2.7190 1.6850 153.15 0.6186 1.5075 1.3228 1.7123 SS 0.5339 1.4517 ***** 0.8177 0.3303 0.8049 0.7062 0.9142 MS ***** 68.89 0.6197 0.5633 0.2275 0.5544 0 4865 0.6298 Dm 0.5935 1.1116 1.6136 90.89 0.3671 *****
      405 words
    • Article
      MONEY MARKET
      564 23 Interbank rates S$ Bid Offer Overnight 6 1/2 6 5/8 1-month 6 1/4 6 3/8 2-month 6 5/16 6 7/16 3-monmth 6 3/8 6 1/2 Overnight mode: 6-5/16 US$ Bid Offer 7 days 8 1/4 8 3/8 1 month 8 3/8 8 1/2 2 months 8 3/8 8
      564 words
    • Article
      Lock icon Tokyo rate rise too little, too late, say dealers
      437 23 Reuter THE Bank of Japan's decision to boost the official discount rate (ODR) by a full percentage point to 5.25 per cent yesterday is too little and too late to otter much support to the embattled yen, dealers in Tokyo say.
      Reuter  -  437 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1372 23 SIMEX EUeOOOULA* I Open High Low Sett Est Vol Op/lnt Vol Jun 90 91.27 9L2I 9L25 9L28 7945 ***** 8820 Sep 90 91.15 91.17 91.14 91.17 962 4504 1123 Dec 90 91.00 91.02 91.00 91.01 195 2586 464 Mar 91 90.96 90.96 90.96 90.95 I 197
      1,372 words
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  • COMMODITIES
    • Article
      M'sia planning conglomerate to export palm oil
      334 24 MALAYSIA, the world's biggest producer and exporter of palm oil, is moving to group all of its palm oil exporters under a conglomerate in ef-. forts to stop price declines, a newspaper reported on Monday. Primary Industries Minister Lim Keng Yaik said the
      334 words
    • Article
      Lock icon Liquidation of cocoa buffer stock expected
      120 24 AFP THE EVENTUAL liquidation of the International Cocoa Organisation's buffer stock of cocoa is inevitable, given the depressed market and the state of the organisation's finances, London analysts say. Nevertheless, ahead of eight days of ICCO talks due to start in London today, most
      AFP  -  120 words
    • Article
      Lock icon Coffee, cocoa, sugar futures in disarray
      227 24 AFP THE coffee, cocoa and sugar futures markets, which had been rising recently, have been plunged into disarray by last Friday's announcement of an economic redressment programme in Brazil, London dealers said on Monday. Brazil is the world's largest coffee producer, the second largest
      AFP  -  227 words
    • Article
      Tin takes a 14 sen fall to finish below M$ l7
      816 24 REPORTS THE price of tin slipped 14 sen to M$ 16.90 per kg on the Kuala Lumpur tin market yesterday, following the downtrend on the London Metal Exchange overnight. Three-month tin closed at U556,465 per tonne, down US$B5, on
      816 words
  • Article
    PRICES
    1400 24 KllDOer Mar 20 MttfrHi W) ScentWt Noon Clot Int I RSS Prompt 155.00/156.00N I542VI55.25 Inl I RSS Apr 90 *****/158.50 I57.2VI57.75 Int I RSS May 160.30/161.00 I59.7VI60.25 Int 2 RSS OP I53.00/I55.00N I52 50M 54.50N Int 3 RSS OP I47.50/I49.50N I47.00/I49.00N Int 4 RSS OP 143 50/145 50N I43
    1,400 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      698 24 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. M AND EASTERN ARCHIPELAGO SEA TRANSPORT (PTE) LTD (IN VOLUNTARY LIQUIDATION NOTICE OF FINAL MEETING Notice Is hereby given pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the abovenamed Company will
      698 words
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      Page 24 Advertisements Column 2
      15 24 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      964 25 Oft FhW ETA FHfct ETO Ato Pfctot GA895 1235 BA12 2315 QF7 2025 SQ227 2215 Hmmm RJ182 1445 RJ183 2320 Amsterdam KL814 1725 GA895 1235 SQ24 2215 KL813 1525 QF15 2215 HHmm 0A471 0015 QF15 2215 ftallllHi SQ388 2025 fluili QF9 2230 niHinnn GA911 0600 524
      964 words
    • Article, Illustration
      Education in a state of flux
      772 25  -  LETTER FROM BERLIN By Rolf Schneider THE FORMER education system in East Germany was a Stalinist stronghold, exceeded in energy and radicalism only by the security forces. Education gave our former political leaders the key to the society's future. The post-1945 school reform marked
      772 words
    • Article
      MONEY CHANGER RATES
      151 25 As at 3pm yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4080 1.4280 Canadian dollar 1.5730 1.5930 NZ dollar 1.0820 1.1220 Sterling pound 3.0150 3.0350 US dollar 1.8700 1.8800 Local dollars to 100 units of foreign currency Austrian schilling 15.40 16.40
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      139 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Tej Mar 21-28 Hanover Fair Hanover Deutsche (49)511/89-0 Apr 3-8 Children'* Book Bologna. Ente Autonomo (39)*****2111 CeBIT Messe AG F ,r Italy Per Le Fiere Hanover Di Bologna Mar 25-28 International Munich Mode-Woche- (49)89/*****0 5-23 International Buenos Fundacion
      139 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      55 25 Mk The buitnen perwn'i choice every Tueiday, I I i\ Thunday, Saturday and Sunday. Leaving Changi I I L\ Airport at 21:5S hourt and arriving at II I I different citiei in the USA the following day. GUI yovr trruel agent or Air CMrmU *t 732 tW. A BREATH OF
      55 words
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      Page 25 Advertisements Column 2
      358 25 Ffcnmunt ll H lift 14S0 803&65 X xrtti ygi Pjinullum Mhwifliny I (/UrtHjST (U Grty Sodo) (ItMHx) 1 J""*" B I I I 'J**!"' I I -Tsmi 100 Ml 4 TrT 200 MB I I 0* ■Ud I H VGA Monitor LT Parnlol Ports Pofl Drive A/C poond 7.5 k0
      358 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      203 25 ents about fifty (5) 23 Thanks to commercial 5 delivered in a case 24 Italian greeting conveyed backing, the facts are re- pr or t0 a (7) to American intelligence ealcd J- 4) 6 Relaxation in Battersea's by cipher (4) 26 A cavalier opponent (15) Edwardian homes (4) 25 A
      203 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      233 25 Singapore OUTLOOK: Fair except for showen over a few areas in the afternoon Report for 24 hours prior to 7.30pm on Mar 20 at the airport: Max temp 34.1 Assoc humidity 55 Min temp 24.9 Assoc humidity 93 Hrs of sunshine 10.95 Rainfall in mm Nil Rainfall this mth 91.2
      233 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      35 25 ISiLla&'.MigWllSlM "THR££. MOU?S hGO THe mv S€NS€S STiIL cu*r AT roe Goßotous miss Pedtv RceuNG SHC HT nit.... of <L ££MFsPHON€. SroiLeD At me lira Sjb C EVtWNO »TAWOAHO CO. LTD.. WM-1W I foc^.* l2o
      35 words
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  • Article
    Ramos to propose grouping of arms makers
    209 26 PHILIPPINE Defence Secretary Fidel Ramos is calling a meeting of Asian defence officials today to discuss a proposal to form a confederation of Asian arms makers. Informed sources told BT that Mr Ramos, who is initiating the proposal, will be meeting senior defence
    209 words
  • Article
    Lock icon Li Peng signals easing of austerity and credit squeeze
    447 26 Reuter CHINESE Premier Li Peng yesterday signalled an easing of a tough austerity programme that has starved industry of cash, put millions of people out of work and plunged the economy into stagnation. In his speech to the opening session of
    Reuter  -  447 words
  • Article, Illustration
    No aggressive intentions: Dr M
    387 26  -  From Martin Soong in KUALA LUMPUR MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday assured that Malaysia is not embarking on an arms build-up and has no wish to do so. But he acknowledged that its indigenous defence and services sector must modernise in
    387 words
  • Article
    Lock icon Taiwan's trade affected by China's austerity drive
    332 26 Reuter TAIWAN'S once-booming trade with China has run into a thicket of problems resulting from Beijing's economic austerity programme, and trade will continue to drop in the first quarter of 1990, officials said yesterday. But economists in Taipei said long-term trade prospects remain
    Reuter  -  332 words
  • Article
    Countertrade offers for KL
    147 26 MALAYSIA is considering countertrade proposals from Chile and Argentina for the sale of 35 Royal Malaysian Air Force A-4 fighters. Following a February trip to Chile and Argentina by senior officials from Airod, the semi-privatised Malaysian aircraft repair and overhaul company which has been appointed agent
    147 words
  • Article
    Lock icon Brady to stay, says Treasury
    114 26 Reuter A US TREASURY spokesman has denied a report in The Los Angeles Times that Treasury Secretary Nicholas Brady would step down or be asked to leave. "He is just not leaving," the spokesman said in Washington on Monday. The paper reported last Sunday that
    Reuter  -  114 words
  • Article
    Lock icon Regional plans worrying S'pore oil refiners
    445 26 Reuter SINGAPORE oil refiners, now in a dominant position to cater to neighbouring countries short of refining capacity, are increasingly worried by billion-dollar plans by some of their neighbours to build refineries that aim at oil product exports, industry sources said. "The next three
    Reuter  -  445 words
  • Article
    Lock icon Stanchart hard hit by huge loan provision
    191 26 AFP BRITISH bank Standard Chartered said yesterday that its taxable profit plunged almost 79 per cent in 1989 to £67.1 million (US$lll.B million) from £313.3 million (USSS22 million) the previous year. After tax, the bank showed a loss of £31.3 million against a
    AFP  -  191 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      83 26 I Incorporates heel and toe weighting £^£utters f \l\l V what do you do if some of your guests want to eat seafood and others prefer Vietnamese food? No problem!!! Bring them to MEKONG VILLAGE Vietnamese Seafood Restaurant. We serve Singapore's famous seafood and Vietnamese cuisines under one roof!!! I
      83 words
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      Page 26 Advertisements Column 2
      205 26 &p!ng* FYF2 nd .fUng«r». 1" Softer feel on Color-Coded b u r New clubheod Irons weighting HENDERSON INDUSTRIAL PARK NEW PHASE WAREHOUS^ TORY/ A distinguished design, with excellent features to IHSH A > 1 L. make this new phase another choicest investment IS ififeSrT per square foot lit tTtt ffft
      205 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Norway to be world's biggest liner
        102 27 Reuter A WEST GERMAN SHIPYARD is to renovate a luxury liner to make it the biggest in the world, yard officials said on Monday. The Norway, belonging to Norwegian Cruise Lines, will spend a month in Bremerhaven's Lloyd shipyard being fitted with 135 extra
        Reuter  -  102 words
      • Article
        Lock icon Stolt orders two tankers
        50 27 Reuter STOLT TANKERS AND TERMINALS Holdings has ordered two 5,000-deadweight-ton parcel tankers from Fukuoka Shipbuilding Co. The tankers, built with double bottoms and double skins throughout the cargo section, will be delivered in March and June 1992 for operation by the Stolt-Nielsen Inter Europe Service. Reuter
        Reuter  -  50 words
      • Article
        Lock icon Blast aboard ship shakes Quebec
        47 27 AP AN EXPLOSION ON a Norwegian container ship being loaded at a dock on Monday killed two people and injured at least seven, officials said. The blast rocked the town along the Saguenay River about 194 km north of Quebec City. AP
        AP  -  47 words
      • Article
        Lock icon Search for missing ships continues
        81 27 AP SEARCHES FOR A JAPANESE trawler and a Panamani-an-registered bulk carrier missing off the coast of western Australia continued on Monday without success. The Japanese-registered trawler Dahlia II placed an emergency radio call on Saturday that was picked up by Indonesian officials. The boat, with
        AP  -  81 words
      • Article
        Lock icon Unmanned steamer found grounded
        46 27 Reuter THE BESSEMER VICTORY, an unmanned cargo steamer that began drifting off north-west India last week, was found grounded on Friday, Lloyds Shipping Intelligence Service said. Tugs have been assessing any damage before trying to refloat the 7,600 gross ton vessel. Reuter
        Reuter  -  46 words
      • Article
        Lock icon Oil spills slow traffic In NY Harbour
        93 27 Reuter US FEDERAL SHIPPING LAWS are unlikely to change following recent oil spills in New York Harbour, but the incidents have affected daily activity in the waterway, according to sources familiar with its operations. The spills have slowed traffic in the harbour, forced
        Reuter  -  93 words
    • Article
      Lock icon S Korea to build two Kuwaiti tankers
      113 27 AFP SOUTH KOREAN shipyards are to construct two crude oil tankers costing US$BO million each for the Kuwait Oil Tanker Company (KOTC), the Middle East Economic Survey (Mees) reported on Monday. The Kuwaiti oil transpor- tation chief, Abdel Fattah alBadr, quoted by Mees,
      AFP  -  113 words
    • Article
      Index to advertisers
      1166 27 Column AtC C—W*w TWiooo S Accord s>pg Too 3-5 AAaxoi !<■>• So«o« 5 AHroO C To—I- tor*** 5 AAr la*r Fttoo" 5 AK In* 5 An J-J Aft fmnw I ArrfOvro la* Mw< W Arrow iMW N.n« S ASG J AMU b«>w S<« 4/5 A cWoroAoMM* Foortooo
      1,166 words
    • Article
      ANL's major box re-equipment programme
      245 27 AUSTRALIAN National Line has embarked on a major container re-equipment programme with the acquisition of 1,250 new generation refrigerated containers, 4,000 general purpose containers and 725 flat rack containers. The managing director of ANL Limited, John Bicknell, said the new equipment was part of ANL's
      245 words
    • Article
      TWRA members can cross-charter slots on each other's vessels
      156 27 MEMBERS of the Transpacific Westbound Rate Agreement (TWRA) have agreed to maximise the use of "scarce'' vessel space by allowing conference members to cross-charter slots on each other's vessels. The new agreement, on an "as needed" basis, will be filed with
      156 words
    • Article
      Kontena Nasional to invest M$ 27m in new equipment, facilities
      399 27  -  By OTHMAN ABU BAKAR KONTENA Nasional (KN), Malaysia's largest container haulage company, will invest Ms 27 million this year in new equipment and facilities to meet increased demand for its services. It plans to buy 30 new prime movers, 220
      399 words
    • Article
      Logistics offers HK exporters new service to USSR
      298 27 FINNISH forwarding company Logistics (Huolintakeskus) is offering Hongkong exporters a new shipping service to the Soviet Union, j The service, reports the South China Morning Post, offers a competitive alternative to the problems and high costs involved in transporting goods to Soviet
      298 words
    • Article
      Singaporean and Japanese groups bidding to construct container port in Cebu
      227 27  -  By AL O LABITA A HONGKONG company's offer to construct a "super container port" in the central Philippine city of Cebu, 500 km south of Manila, has sparked similar bids from Singaporean and Japanese business groups. Philippine Ports Authority
      227 words
    • Article
      Lock icon No more throwing garbage over the side
      1458 28 Throwing garbage into the sea is no longer the only answer to the problem of disposing shipboard waste. From Jan 1,1989, Annex V to Marpol came into force and introduced a legal framework for garbage disposal at sea. One year on, it is
      Fairplay  -  1,458 words
    • Article
      Lock icon Weekly freights
      804 28 AFP SHIPPING freight rates weakened over the past week, especially among Panamax (50,000-70,000 tonne carriers) operating in the time-charter sector, brokers said. The Baltic International Freight Futures Exchange (Biffex)'s Baltic Freight Index (BFI) gave up the gains it had registered since the beginning of the month, ending the
      AFP  -  804 words
    • Ships in Port
      • Article
        SINGAPORE
        1740 28 AT CONVENTIONAL WHARVES VmmI Voy No Barih Arrival Daparlura Kappat Wharvas Aro*tow 056 KI7 olongwdo 2103/0(00 Eng Tow 115 01 *28 olongiido 2003/ 1800 Homo ftgo 9E K33 oiorqtxi* 20 03/ 2300 Huonghwoquon I K29 olongtido 2103/ 0600 Kazakhstan 1/90 tn K35 along** 2003/2200 Kota Akbor £-841 K3I otongwta
        1,740 words
      • Article
        MALAYSIA
        314 28 Port Klang South Port Hoegh Drake berth 2; Million No 3 berth 4; Sri Arika berth 5; Megah Brooke No 1 berth 7A; Petro Mewah berth Shell jetty KCT: No 9 Donam berth 8; Kris Lemona berth 9; Bunga Penaga berth 9; Bunga Gelang berth 10 North Port KLO
        314 words
    • Article
      London Freights
      1014 29 DRY CARGO freight market business was active on Monday in most areas, and vessels for timecharter continued to attract heavy interest, brokers said. Far Eastern charterers booked tonnage for North Pacific trips at rates between US$B,3OO and U559,500 daily, while Soviet operators took four vessels from US$ll,OOO to
      1,014 words
    • Article, Illustration
      SHIPPING LIST where your ships are due...and when
      11759 34 AAMNUB LJ Bontang, D|a*ag*trl. March 1 MS. Ev*r Group. Ev*rgr**n. March 21. BmMir, Trtot. March 21(PK>. Kamakura. Trtot. March 22. Lata* M**rsk. Maarak Lin*. March 22 VMto da Jupitor. CM DAtfretement. March 29. Noraala Slnga. Noreela/SeaLand. Mirdt 23. Ever Given. Evergreen. March
      11,759 words
    • Article
      Lock icon OOCL's Hongkong cargo uplift doubles despite slowdown in China
      514 42 Cargonews Asia DESPITE the current slowdown in China and expected growth of only 2 per cent in the Trans-Pacific trade and 5 per cent in the Asia-Europe trade this year, OOCL's Hongkong cargo uplift in the early months of 1990 is
      Cargonews Asia  -  514 words
    • Article
      Lock icon Salzgitter expects to match 1988/89 profit at least
      278 42 Reuter STEEL AND ENGINEERING group Salzgitter AG, a unit of commodity group Preuaaag AG, aaid group net profit in the current 1989/90 year should at leaat reach last year's 340 million marks. Management board chairman Ernat Pieper did not expect business in
      Reuter  -  278 words
    • Article
      Lock icon Japan's foreign ship orders soared in February
      152 42 Reuter FOREIGN ORDERS received by Japanese shipyards in February jumped to 1,069,450 gross registered tons (grt) for 26 ships from 212,400 grt for five ships in January, the Japan Ship Exporters' Association said. Contracts topped one mil- lion grt in one month for
      Reuter  -  152 words
    • Article
      Lock icon Back to work
      49 42 Reuter VENEZUELAN port workers returned to work on Monday after a week-long strike to press for back pay and bonuses. They returned to work after accepting the government's offer to begin paying half of the US$2l million owed to them in back pay and bonuses. Reuter
      Reuter  -  49 words
    • Article
      Lock icon Courtaulds in Chinese joint venture
      145 42 AFP COURTAULDS. the industrial materials and chemicals company which on Monday demerged its textile business. has announced that it is entering into a joint venture with Chinese paint and shipbuilding concerns to manufacture marine and offshore coatings. Courtaulds Coatings, a subsidiary of Courtaulds, said on
      AFP  -  145 words
    • Article
      Sea Containers' shareholders approve recapitalisation plan
      271 42 SHAREHOLDERS of Sea Containers have approved its proposed recapitalisation plan to sell certain container and ferry assets to Tiphook pic and Stena AB, respectively. In a meeting last Thursday, they agreed that part of the proceeds would be used by the company and subsidiaries
      271 words
    • Article
      Lock icon Portuguese, Peruvian stoppages taking their toll
      173 42 Reuter PORTUGUESE port pilot* are extending until April 6 a partial atrike that haa affected the movementa of 180 ships in the paat week. The action, which began on March 12. waa originally due to end on March 23 but union officiate decided to
      Reuter  -  173 words
    • Article
      Change of anchorage for health/immigration clearance
      366 42 SINGAPORE'S Weatern Quarantine and Immigration Anchorage will no longer be uaed for health and immigration clearance, effective from March 28 at Bam. The Port of Singapore Authority aaye all vesaels arriving from the eaat or weet needing health and immigration clearance are to make
      366 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      29 27 ~K®3M~A~Hveiy PPS way with wm, wonfa Available at all i good bookahopa i-i-i-n—S F«d«r«l Publication* For advertising and circulation enquiries, please call Business *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD
      29 words
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      Page 27 Advertisements Column 2
      18 27 Lines and services represented by Members of the Registry of Accredited [.IfiQll'M Shipping Agents. Singapore National Shipping Association.
      18 words
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      Page 27 Advertisements Column 3
      428 27 I BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vessel/Vox SIN MAA CCU METTE RIIS 02 1/4 7/4 INGER RIIS 01 25(3 1/4 CALL: *****71 (Sm Page 13 Column 4). INSIDE Getting rid of garbage THROWING GARBAGE into the sea is no longer the only answer to the problem of disposing shipboard waste.
      428 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      85 28 Contact lil#phoo4 nunibtri (Tanjong Pagar Tacmlnal) Section 1 S«crion 2 SmMm 3 lf#i fWphow >flh ftephow >f* Whpl— CI *****20.*****T2 C 4 *****24 a ******3 CIN *****20 CS —*****43/*****4S C* —*****84 CIS ******2 CSN —*****43 CIO —*****70 C 2 *****51/***** S3 CSS —*****4S CI2 *****54/*****42 C2N ***** S3 a —321M3»/*****41
      85 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1887 29 e— %ll If 200 Cantonment Road #12 05 Southpomt. Singapore 020) All If# Te) *****11 TELEX NO RS ***** ■illllM TERMINAL,'CFS Tel *****18 220 |Tfigfifl7l BOOKINGS Tel *****34 235 L. \&rw M pesaka jaroine shipping agencies son bhd PORT KELANG TEL *****11 MA*****/MA***** p(NANG TEL *****4 TELEX NO MA***** CFS
      1,887 words
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      Page 29 Advertisements Column 2
      2289 29 Vmhi Voy ETA ETD 'Port 'Penang K«i«ng DESTINATIONS wm* L«d« M fhmi by 27/J/10 0400 MRS M F«'CO ft CFS WMO 1800 HRS M Tauro OAK LOB HOU MEM ATI. MIA CMS BAL PHL NYC MOM TO* LEOA M 9004 27/3 28ft 22/3 [24/3 14/4 16/4 19/4 20/4 23/4 24/4
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1136 30 I I I I II ROTTERDAM/ VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENALDER 94/534 21/3 23/3 10/4 12/4 14/4 IS/4 17/4 KURAMA 04/533 22/3 16/4 10/4 12/4 9/4 15/4 BENAVON 93/537 28/3 30/3 17/4 19/4 21/4 22/4 24/4 TOKKD EXPRESS 92/536 29/3 23/4 17/4
      1,136 words
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      Page 30 Advertisements Column 2
      648 30 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT BANGLAR MOOKH 23/3 3/4 6/4 13/4 19/4 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO BANGLAR MOOKH 23/3 3/4 6/4 13/4 19/4 AfMlTts: SINGAPORE: *****00 R iBOOKINGS: *****08 NORTHBOUND TO UKC I S PORE IRDM/A'DAM HBG HULL(U.K) IVYBANK V 26N 24/3 l*/4
      648 words
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      Page 30 Advertisements Column 3
      1442 30 Smawil &XMM REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SINGA 9003-3 23/03 27/03 09/04 14/04 16/04 19/04 21/04 HAH 23/04 24W »/04 NORASIA AL MUNTAZAH 9004-3 30/03 03/04 16/04 21/04
      1,442 words
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      1561 31 SgSteamers Maritime Holdings Ltd P&O STRAITS SHIPPING mn»»ri la Bphml, last Malaysia, wak Containers S port P.Klanf Ston M'burj B heven R dim Left ACCEPTS DUE SAILS ■enaider a/a am im* 12jot imb ivm i;,« cargo KUAAMA am iw WK w Mt l»t I- r> KNAVON 2MB 3QfO3 17/ M
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      Page 31 Advertisements Column 2
      1849 31 TO: EUROPE TO: FAR EAST SP LM ROM HAM BRE FIX SPORE HK KAO BU CHOYANG PARK 007W 27/3 14/4 15/4 16,4 11/4 19/4 CHOYANG SUCCISS 007 C 21/3 29/3 30/3 31/3 HANJIN OAKLAND 007W 31/3 l«/ 4 W/4 20/4 22/4 23/4 HANJIN TONCHAE 072E 29/3 1/4 2/4 1/4 CHOYANC
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      Page 31 Advertisements Column 3
      354 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASIAN SEKI COSMIC STAR MATSUYAMA PIONEER VOY NO 111 VS3 4 Sport Ski 29/3 30/3 P. Kelang In Pt 31/3 Penang Hong Kong 4/4 Yokohama 10/4 13/4 Nagoya 8/4 11/4 Osaka 6/4 9/4 S«nboku Kashima F una bash i •For
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      605 32 W _pHMpM|pBHHHHfBHHpapBMBH (U^iiiFW»mM IRANIAN SERVICE Singapore Loading (or:IRAN TEYFOURI »/3 Bandi Abbas IRAN SOKAN 20/3 Banda Abbas (National Una Of Mulct) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE i HKC Li ENSERAOA LC ARM MAS S.CRUZ MAIUANILLO MONTERREY VOl W3 12/3 14/3 11/3 20/3 22/4 TOLUCA V-M »3 22/4 24/4 »4
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      Page 32 Advertisements Column 2
      847 32 (2S HANJIN SHIPPING I yy FULL CONTAINER SERVICE I LaHivri R dam H bur* R'Hbvmi Fitowc FUOCR ¥SL SIM LI Mi HAUL LAX OAK runvAiar paik nil iu nu il* KAKUSAII H W N WiAl NM m* a* ****'"J" JM nanjin JomenAi am V mjun mk m* an SSmwnmSL 'S3!
      847 words
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      Page 32 Advertisements Column 3
      1451 32 i-J .T JTT^XITT^^ ever giant 22/3 23/3 27/3 2*3 3*3 v* v*n*n* www vnwrnvmu EVER GENTRY M »3 3/4 5/4 *4 *4 W WW UfinfinfiWWtyimW EVER GATHER M I*4 I*4 I*4 I*4 11/4 *4 23/4 I*s 2*5 2*5 »5 1* 23A EVER GRACE *4 I*4 I*4 I*4 20/4 23<4 ?V4
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      1310 33 OUli 1 vji ggjgPff PACIFIC INTERNATIONAL LINES (PTE) LTD *****55 mm JHV p,l Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOY Sin J*T sin vessel vovSIN BKK sm MAJAPAHIT SIASB 23/3 JS/3 HOT* StNQA 04N 2M 2M 2K3 DELTA MAS 147S 24/3 28/3
      1,310 words
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      Page 33 Advertisements Column 2
      711 33 EXPRESS CONTAINER SERVICE TO UK/CONTINENT [jf PK STON HAH (MAVEN »DA* HAVRE ma i iw w w w* v W IM »4 IW *J WJ »3 12 S2 22 Z 22 To* 10 u»roM iw 25 H5 22 Tout* 111 M W W Vl* an 22 NotSti Ciprnt *4 M|«
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      Page 33 Advertisements Column 3
      533 33 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. BESIIM LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD CR NBR **********0-0 EXPRESS SEMI-GONTAINERSNIP SERVICE VSLVOT S POKE R OAM/ H BURG BREMEN ANTWERP ADAM KUTAI/ItWS 11/1-4/4 4/S »/5 30rt 13/5 S PANJANC/2WB IS-11/4 13/5 17/S Wi Ofi MATARAM KWB 25
      533 words
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      Page 33 Advertisements Column 4
      475 33 MYANMA FIVE STAR UNE (Burmese National Line) Loading for Yangon (Rangoon) Spore P.Kelang Penang Bangkok MERGUI V/98W 23/27 MAR PATHEIN V/100W 24/29 MM PAGAN V/S4W 31 MAR/2 APR HPA-AN VI4BW 4/S APR THE BAHKUNI (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY IFXPRESS TO PAPUA NEW GUINEA
      475 words
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      Page 34 Advertisements Column 1
      443 34 fjy INTER FftCIFIC LINES OaLTD. Announces the new independent liner sen/ice to the South Pacific Islands.The first vessel Suhana will start its monthly service from Singapore on 29 March 1990. Pago Pago —v. 30/4 r —-rr 7 7C~[_ A I s. I r r\ JAPAN X N V HONG KONG
      443 words
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      Page 34 Advertisements Column 2
      354 34 I/HYUNDAI MERCHANT MARUE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC IBM OAK SLA FROM PSW LW OAK SEA HK6 Mil bBSSKXK" *«SSSS2S gS "3SSSSS |5 HYUNDAI COMMANDER 1»E OIW 1W W OW HYUNDAI INNOVATOR JO* WW 01/03 11/03 05/04 HYUNDAI PIONEER 31E 13/04 1W 07®
      354 words
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      Page 34 Advertisements Column 3
      99 34 CROWN&MCIFIC FREIGHT PTE LTD LCL CONSOLIDATION SERVICE USA ETO SIN SEATTLE 31/3 PORTLAND 31/3 SAN FRANCISCO 31/3 LOS ANGELES 31/3 SAN DIEGO 31/3 OTHER 31/3 31/3 HAMBURG 31/3 BREMEN 31/3 LE HAVRE 31/3 ANTWERP 31/3 FELIXSTOWE 31/3 OTHER 31/3 CCNI# Compart la Chilena de Navefacion Intcroccaiuca S.A. TO SOUTH PACIFIC
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      Page 35 Advertisements Column 1
      796 35 iimk m: i in WEEKLY FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —25/3 TOKYO —29/3 LE HAVRE —26/3 LAUTOKA 30/3 KEELUNG —25/3 YOKOHAMA —29/3 ROTTERDAM —26/3 SUVA —30/3 MANILA —30/3 KOBE —29/3 UK PORTS —26/3 BANGKOK 1/4 AUSTRALIA HAMBURG —26/3 HONGKONG MELBOURNE GOTHENBURG -26/3 AFR.CA HONGKUNu £&to SYDNEY
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      Page 35 Advertisements Column 2
      612 35 Nedlloyd Lines. mpW NEW ZEAIANO/fUI I I W-xr, 5r ft Sp"' I I iSSr g is aS ss w ..i 5 3 Accept** P Charters vtt Tnwm Cm T« Bt Fttdvcd to Sl* (A) T/S At AW. (B) T/S Al Tnwn. (C) T/S At H+m I i«AIT coast ausw: I
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      Page 36 Advertisements Column 1
      1182 36 M^^^^TSj^T~ANT|~COAST IESSSV VOY *INDO 'PK/PNG [sGP LB CHLS NFK NYC HFX 1 NEPTUNE GARNET 25 MP W 22/3 W 24/4 W W jg 1 RAINBOW "BRIDGE 23 ?/4 3/4 5/4 28/4 8/5 10/5 12/5 16/5 *J OOCL 2 10/4 112/4 5/5 22/5 24/5 26/5 30/5 -I VIA FEEDER 1831 VOY
      1,182 words
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      Page 36 Advertisements Column 2
      956 36 r~"f r\iyt BOOKING CONTACT iirtjA H ETD SIN (1 DAY) ♦(l DAY) (1 DAY) MENA H 23/03/90 PORT KELANG PENANG BANGKOK |VICTOR TWICE/WKLY BOOKING. CONTACT w H ETD SIN <3 DAYS) (2 DAYS) (1 DAY) H HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY —A, TWICE/WKLY g (6 DAYS) Ml DAY, ♦(4 DAYS)
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      Page 36 Advertisements Column 3
      639 36 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 1' jC N 4 23, Telok Ayer Street SINGAPORE *104 1 TEL: *****00 (10 LINES) Fax: *****04 STRAITS/PERSIAN GULF SERVICE S'pore P Ketont Penan* 001 OEM WON OCR Cotantoo/Karacfc/Dutoa. In Port GOLDEN HAVEN Cotanbo/KaradWDubai MA«r CHINA SERVICE A VESSEL H»kou Z2/24 Mar BAI
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      Page 37 Advertisements Column 1
      1745 37 y NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****19, AUST/INOIA/PAK *****18 MB USA *****16, FAR EAST *****48 Documentation: *****44/*****14 Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L. *****33, P.Kelang *****87, Penang *****0, J.Bahru *****3, *****4 If FDR VSL/VOY PEN PKG
      1,745 words
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      Page 37 Advertisements Column 2
      1264 37 SINSOVi SINGAPORE SOVIET SHIPPING CO PRIVATE LTD j SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/1 .Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PfNAMG P* "HAM WSSRS NAi TNOMG SNIPPING 127 PwweStrwt. Pw* MMtysii y HAMOUMG as SSE Tnsawnf
      1,264 words
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      Page 38 Advertisements Column 1
      731 38 age rweive i DSR LINES I VEB DEUTRACHT/SEEREEOEREt ROSTOCK I INTEGRATED CONTAINER SERVICE I MEMBER Of EACON SERVICE I TO EAST MEDITERRANEAN I NORTH CONTINENT EUROPE I v OUTBOUND SIN *LCA ANT RDM HBG RST 1 [J N. CECIELSKI 7* ***** 97/04 18/04 16/04 11/04 20/04 1 E THAELMANN 2/»
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      Page 38 Advertisements Column 2
      1146 38 UKC CONYPmOWAI WBlYiqi /MMI P KLG PNG P C Lojdint tor rONGCHUAN 31/3 Rott«rd»«/AM»wp fANGCHUAN 21/4 Rottwiim/A/rtwp aro«A rou COWTAIWKB MKMYIOI /MMI PKL PNG SPORE BKK HKG SHA QIN LYC WEI Hi 50 27/3 2S/3 3U3 (M 1«4 rANG FANG KOU *****/3 29/3 5/411/4 I*4 20/4 tccapting Fa Ctff tar
      1,146 words
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      Page 38 Advertisements Column 3
      242 38 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETO LOADING FOR DELI INDAH 24.3.90 25.3.90 PANJANG/PK BALAM NAGA JAVA 28.390 31.3.90 PANJANG LAMPUNG JAVA In Port 24.3.90 SEMARANG/PANJANG PINANGJAYA In Port 25.3.90 PANJANG/PK. BALAM PERITA JAVA 23.3.90 25.3.90 PANJANG/JAKARTA ABADI JAYA In Port 26.3.90 PANJANG
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      Page 38 Advertisements Column 4
      528 38 r 1 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES AFGHANISTAN!: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, I Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 29/3, 8/4, 13/4, 22/4, 29/4, 12/5 1 EUROPE I :To all inland points:
      528 words
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      Page 38 Advertisements Column 5
      509 38 ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: 28/2380) [rose. Ivor wwoot mwa>K Sim BHUM 440* Wed In Port S»t 24/3 MEKHANIK KURAKO 01S W«d In Port Sit 24/3 VIM BHUM* BIW Thur 22/3 Sun 25/3 PIVA BHUM am fri 23/3 Won W MAMA BHUM 02N W«d 21/3 Sat
      509 words
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      Page 39 Advertisements Column 1
      1193 39 gggmgmjEEgfk I VESSEL VOY SINGAPORE KHF/DUBAI JEDOAHI LANKA RUWAN 4W 26/3 8/4 16/4 LANKA SRIMATHI 74W 13/4 25/4 5/5 LANKA SRIMANI 76W 20/4 8/5 17/5 I ALSO ACCEPTING CARGO (FCL/LCL) FOR:- I E A) INDIAN PORTS I I MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY I B) ARABIAN GULF PORTS I SHARJAH;
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      Page 39 Advertisements Column 2
      218 39 {Rational Lhm of ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA I LOADING FOR SPORE ano«net iewe 7io« oabessalaam mombasa Djibouti ASSAB MASSAWA. HOOEIOAM ABBAY WONZ 24W8 IVOS OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA HOOEIOAH P| KIEN HUNG~UNE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL
      218 words
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      Page 39 Advertisements Column 3
      600 39 4 MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDCR SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT
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      Page 39 Advertisements Column 4
      635 39 EHZ3B BAY OF BENGAL SERVICES MADRAS CALCUTTA KSIELS W SW HAA >W METTE RIIS OIMO SLO 24/3 1/4 METTE RIIS 02N* 1/4 7 l* W METTE RIIS 03MO 13/4 IS/4 25/4 MEETE RIIS 04N0C 25/4 31/4 4/5 VESSELS VOY SIN CCU SIN INCER RIIS 01N» 2S/3 1/4 1/4 INCER RIIS
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      Page 39 Advertisements Column 5
      354 39 TO AUSTRALIA/NEW ZEALAND •mam. m 1m m m "5i liji c vuouk mjw "S Hi Si mi Hfl antwoi wMA vn 55 Prt "15 I nramutm 1$ m m S» S» w U DATS TO MBLBOUBNBS TO USA/CANADA r~si |tlipiiri |M Ort»—» [ClM.i»i>M |N*Mm J wusm M ~»a a 7»
      354 words
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      Page 40 Advertisements Column 1
      746 40 COMPANIA PERUANA TOQL DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Pwiang* P. Ktlang Singapore MURRAYEVERETT 31/2 Apr 3/5 Ap< KAMALEVERETT 20/22 Apr THOMASEVERETT 26/28 Apr "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE
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      Page 40 Advertisements Column 2
      601 40 Wetl Coast. Carribtean.EaU Canada, HAITI Guatemala and Honduras VSL [SPORE hIAINLINER [LAX [KST [SAV [NYC [HEX ZIM OSAKA 23/3 ZIM SAVANNAH 5/4 Qtli 1A ifi I*S ZIM TRIESTE 27/3 ZIM HONGKONG 21/4 \lli OOli Ufi Q4/S A VESSEL 30/3 ZIM HONGKONC 21/4 7fl lOrt 12 5 04/5 A. VESSEL 1H
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      Page 40 Advertisements Column 3
      753 40 WSING KWANG HANG Wm« TRAIMMMTATION (PTi) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 28/3 31/4 JENHOL 28/3 26/3 VESSEL SPORE BANGKOK A VESSEL 24/3 27/3 A VESSEL 31/3 3/4 DESTINATIONS ETA SINGAPORE PORT KELANG 23 MAR MANILA 23 MAR HONG KONG. ALL CHINA PORTS 24 MAR KEELUNG.
      753 words
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      Page 40 Advertisements Column 4
      500 40 PERINTIS LINE 11 WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRASETIA 77A In Port 22/3 24/3 25/3 PELOPOR 934 24/3 25/3 27/3 28/3 PRASETIA 79A 28/3 29/3 31/3 1/4 PELOPOR 935 31/3 1/4 3/4 4/4 SURABAYA
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      Page 40 Advertisements Column 5
      464 40 sm FJMI EAST 25/3 KEELUNG/KAOHSIUNG 24/3 BANGKOK 23/3 MANILA 24/3 JAKARTA 23/3 PORT KELANG/PENANG 23/3 BUSAN 24/3 TOKYO/YOKO/KOBE 26/3 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EIHMPE/M 24/3 LDN/FLX/LVP/SOU 24/3 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 29/3 L.A./NYC/SFO 29/3 VANCOUVER/TORONTO/MONTREAL fjN AUSTRALIA/NEW ZEALAND 26/3
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      Page 41 Advertisements Column 1
      136 41 /fegADKRIS BUSINESS CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT. ALL HEAVY LIFT WELCOME. M.V. 'DAGOHOY' 04/90 30th Mar MANILA/BISUG TBN 10-12 Apr MANILA/BISUG M.V.'DAGOHOY' 05/90 20TH-22ND APRIL MANILA/BISLIG TBN IST MAY MANILA/ILIGAN GENERAL ACT CALSOURCE SHIPPING ft TRADING PTE LTD. S3
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      Page 41 Advertisements Column 2
      137 41 SINGAPORE SURABAYA/JAKARTA CONTAINER SERVICE VESSEL/VOY SPORE SURABAYA JAKARTA PERMAI I 0032 032 25/3 28/3 30/3 PERM AI I 0033-033 2/4 5/4 7/4 PERMAI I 0034-034 10/4 13/4 15/4 PERMAI I 0035-035 18/4 21/4 23/4 ii |i w S'PORE DEST. LUNG YING 20-25/3 BKK ANLI 29- 2/4 HONGKONG/HUANGPU BALSA 27- 2/4
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      Page 41 Advertisements Column 3
      493 41 VSL DESTINATION ETA SIN •VIRA BHUM 01N BANGKOK 22/3 PIYA BHUM 217N BANGKOK 23/3 SIRI BHUM 441N BANGKOK X/ 3 MAHA BHUM 02N BANGKOK SO ORIENT 13R CEBU. MANILA 30/3 AKA BHUM 12S CEBU. MANILA 23/3 INFINITY SOB CNITTAGONC, MONGLA 24f3 0 SINCERITY 22A KARACHI BOMBAY 03/4 KITI BHUM 33S
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      Page 41 Advertisements Column 4
      753 41 /J LCL/FCL SERVICE TO/FROM 7B4VS-Z//M! rt/2 KL: allied-LINK SINGAPORE: m 04-*****2 *****8055 778 ****** LINESI SEEL Mmrinm Ong Susan Ng/ChrtaMna CMn AMea TM/Mm> Yao SM PTI DM MY I ALS ENOEAVOUR VOYO6W 20/03 31/03 06/04 I LONDON BRIDGE VQYOBW 07AM 18AM 23AM 28AM I OHFU VOYOOW 19AM 30AM 06AK I
      753 words
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      Page 42 Advertisements Column 1
      941 42 UK/CONTINENT (TRIO) HI^H knaldck iff p «-isr sr st" sr g gg.. a KK^H Si 2W *3 1$ S Bp S SR Southii«|>ton :»o ill UK dntinatiom. B*Mnt tnd bibiin toSKTSPUKS lag lag Uf» w W a* ||||||||H MEDITERRANEAN (MED CLUB)* JEDDAH jinMporil Pintm ICwIIm Ctnoa Tr»«ftt •cuAinrt 213 1/4
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      Page 42 Advertisements Column 2
      64 42 NEW MONTHLY SaviGE OPERATING I DIRECT MHJNGS FROM SINGAPORE I AND HONG KONG TO PACIRC ISLANDS.! MV SMHANA V.IS I SINGAPORE 29/3 I APIA (WESTERN SAMOA) 28/4 PAGO PAGO (AMERICAN SAMOA) 30/4 I PAPEETE (TAHITI) 4/5 I RAROTONGA (COOK ISLANDS) 7/5 I NUKUALOFA (TONGA) 12/5 I SAVU SAVU (FIJI) 15/5
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  • Page 42 Miscellaneous
    • Miscellaneous
      Page 42 Miscellaneous Column 1
      139 42 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCH 21. LEGEND: R Thunderstorm Temperature c X\ Weather -V Wind direction with speed n knots ,n Wove height Cloudy Sky Surfoce winds ore indicated by arrows which fly with the wind One Ml circle represents cofcn or light ond variable
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