The Business Times, 23 March 1990

Microfilm: NL16960
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Friday March 23 1990 75*
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  • NEWS SUMMARY
    • Article
      Moscow calls for Asian security conference
      60 1 THE SOVIET UNION wants a security conference organised in Asia to reduce military forces in the region. A Soviet embassy spokesman in Manila said yesterday that a meeting on Asian security could sign agreements on regional problems such as the war in Cambodia and
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    • Article
      CPF investment study
      30 1 THE CENTRAL Provident Fund Board will examine if CPF money should be allowed for investments like loan stocks, government bonds, government securities and bank deposits Page 2
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    • Article
      Fears over Europe
      18 1 ASIAN ECONOMIES are worried that Europe is placing too much emphasis on regionalism Page 9
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    • Article
      Call for end to pact
      32 1 THE INDONESIAN Textile Association has urged the government to end an agreement with the US regulating textile imports from Indonesia saying it has hampered exports Page 9
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    • Article
      Compromise at Gatt
      18 1 GATT NEGOTIATORS have reached a compromise on trade in products from natural resources Page 11
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    • Article
      Gorbachev gets tough
      20 1 SOVIET PRESIDENT Mikhail Gorbachev has used his new powers to harden resistance to Lithuanian independence Page 13
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    • Article
      Wanted: villains
      31 1 PERESTROIKA is dealing a deathly blow to spy thriller writers. Now that their favourite villains have become good guys, what are they going to write about now? Page 19
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    • Article
      Chemical blacklist
      37 1 THE INTERNATIONAL Federation of Oil, Seeds and Fats Association expects to approve by May 1 a list of 38 banned chemicals that parcel tankers should not carry as immediate previous cargoes. Shipping Times Page One
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  • MARKETS SUMMARY
    • Article
      Dow Jones up
      37 1 Blue chips turned higher on buying by professional traders on Wall Street yesterday. The Dow was up about three at 2731 after being off to 2719. Decliners, however, continued to outpace gainers by two-to-one.
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    • Article
      Footsie up
      35 1 At midday yesterday, Financial Times-Stock Exchange 100-share index was up 10.5 points, or 0.5 per cent, at 2,260.8 in modest trading, after being jolted upward by the release of favourable British trade figures.
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    • Article
      Guthrie raises stake
      20 1 GUTHRIE GTS has increased its stake in local contractor L&M in a possible takeover bid Page 3
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    • Article
      Magic from UEM unit
      25 1 A LITTLE-KNOWN subsidiary of United Engineers (M) Bhd is to be injected into listed Malaysian General Investment Corporation Bhd. Page 3
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    • Article
      Singland showdown?
      21 1 IS MASTER STRATEGIST Oei Hong Leong preparing for a duel with S P Tao over Singapore Land? Page 3
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    • Article
      An important factor
      16 1 SINGAPORE is now Asia's number three in terms of factoring volume Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 780.82 -0.98 Kuala Lumpur .3,067.32 -10.88 Hongkong 2,948.67 -*-21.75 Tokyo 29,843.34 -963.85 Sydney 1,567.2 -19.4 Wednesday Change New York 2,727.93 -10.81 London 2,250.4 -9.4
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    • Article
      CURRENCIES
      22 1 ExduMfi rata USS S$ 1.8850 Yen (100) SSl.2146 MS SS0.6901 Monty Market rata Overnight 6 3/8% 1/8 3-montn 6 3/8% unch
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    • Article
      COMMODITIES
      35 1 London Gold AM fix USS392.25 +USS2.35 Rubber S'pore April. lSS.SC/kg -1.75 April 228 Vkg +1.50 KL Tin Turnover 75 tonnes -15 Spot MSl7.01/kg +0.13 Crude pain oN Turnover 566 lots +41 April M$694/tonne -2
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  • Article
    Morgan launches US$ 80m fund
    447 1  -  From Catherine Ong in HONGKONG IN LINE with its ambition to become a regional merchant bank, Morgan Grenfell (Asia) has launched a US$BO million capital fund to invest in unlisted companies in Asean countries. The newly-created Asean Strategic Capital Fund is a joint-venture with the
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  • Article, Illustration
    Tokyo stocks dive, then recover partially
    270 1 THE JITTERY TOKYO market fell sharply in early trading but bargain hunting in the afternoon helped prices to close off the day's lows. The Nikkei Index was down 3.13 per cent or 963.85 points at the finish to end at 29,843.34 after grabbing back
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  • Article
    No response to Suharto's equity call
    250 1 NONE of the Indonesian businessmen who met President Suharto recently has responded to his call on them to sell part of the shares in their firms to cooperatives, according to Cooperatives Minister Bustanil Arifin. The Indonesian Observer quoted Mr Bustanil as having said that
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  • Article
    US may drop subsidy case against S'pore software firm
    338 1  -  By Jeffrey Tsang WHILE a final ruling on whether a Singapore-made software sold in the US has been unfairly subsidised by the government is expected early next week, the whole case could be thrown out at the last minute. The case
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  • Article
    Cement prices poised to rise by 7-8 per cent
    392 1  -  By Elaine Koh CEMENT PRICES are set to rise next month by 7-8 per cent in the first price increase this year after more than doubling last year, on the back of surging demand from the construction sector. Industry sources said
    392 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
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      Page 1 Advertisements Column 2
      7 1 Seoul, Taipei firms making advances, Back Page
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    • Advertisement
      Page 1 Advertisements Column 3
      101 1 diPiDll)© jt Quadruple Zoom+Auto Two-Color. rm MHI 4 I WELCOME TO THEKLASS THE A-CLASS is the mark of high ambition. For the individual who demands quality and timeless elegance. Etienne Aigner is the style. It's that certain A LEATHER FASHION TREASURE EYEWEAR ACCESSORIES ft,. Smgopore Et»enne Aigner Shops operated by
      101 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Ties with Malaysia good, says Kan Seng
        102 2 SINGAPORFs relations with Malaysia are good, despite some hiccups from time to time, said Foreign Minister Wong Kan 1 Seng. Last year, Singapore's investment there came to Ms9oo million, double the 1988 figure. A total of 2.4 million Singaporeans visited Malaysia last year,
        102 words
      • Article
        All ready for Soviet tax accord
        57 2 SINGAPORE IS READY to negotiate agreements with the Soviet Union and the East European countries on double .taxation avoidance and investment guarantee. Both Singapore r and the Soviet Union have agreed to explore the possibility of "bilateral cooperation in fields such as tourism, oil
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      • Article
        Diplomatic missions planned
        70 2 THE Ministry of Foreign Affairs plans to set up new missions < ,in Indochina when the Cambodian problem is settled. Singa--1 pore now has 28 overseas missions. Late last year, it set up an embassy in Seoul and three new roving ambassadors were appointed to Ghana, Iran,
        70 words
      • Article
        CPF minimum sum to be raised
        81 2 THE Central Provident Fund's minimum sum for old age .Will be raised from $30,900 to $31,600 from April 1, an increase of $700 or 2.4 per cent, in line with the inflation rate. With the adjustment, CPF members who reach 55 years of age
        81 words
      • Article
        Industrial relations code
        58 2 -THE Labour Ministry will work with the National Productivity Council to come up with a code of practice for good industrial relations practice. Labour Minister Lee Yock Suan said while the industrial relations climate has been harmonious, problems will occur from time to time because management and
        58 words
      • Article
        Funds for sports and culture
        70 2 A SUM OF $284 million has been set aside for the next five to 10 years for development projects in the areas of sports, culture and the arts. The Minister for Community Developv ment, Mr Wong Kan Seng, said these projects include the development of
        70 words
      • Article
        Corrections and clarifications
        44 2 IN OUR REPORT yesterday headlined "Jardine (Matheson Holdings) surprises investors with 42pc rise in net profit", we erroneously used the picture of Mr Simon Keswick, instead of that of the current chairman, Mr Henry Keswick. We are sorry for the error.
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    • Article
      New uses for CPF funds under study
      334 2  -  By Yong Pow Ang THE Central Provident Fund Board will study the possibility of allowing CPF savings to be used in fixed interest investments such as loan stocks, government bonds, government securities or even bank deposits. At present, investments using CPF money is
      334 words
    • Article, Illustration
      Another job for Hochstadt
      126 2 HERMAN Ronald Hochstadt, a former senior civil servant and now corporate executive, has been appointed Singapore's first High Commissioner to Mauritius. However, he will reside here. He is concurrently chairman of Inno-Pacific Holdings, Export Credit Insurance Corporation of Singapore and Neptune Orient Lines, and deputy chairman
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    • Article
      Guides to part-time employment being worked out
      280 2 A GENERAL guideline of the terms and conditions for part-time employment will be worked out by the Labour Ministry after consultation with employer organisations and the National Trades Union Congress. Essentially, the guideline will provide part-time workers with pro-rated fringe benefits in accordance
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    • Article
      Compensation for workers to be adjusted
      289 2 FROM May 1, the limits of compensation to workers for death and permanent total incapacity during work hours will be raised by 73 per cent. But the compensation to workers for losing a thumb, finger or toe will be adjusted downward in line with
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    • Article
      Dubai airline to fly to Singapore
      196 2 EMIRATES, the Dubai carrier, will start twice weekly flights to Singapore, Bangkok and Manila from June 17. The airline's cargo service division, Emirates Sky Cargo, will also begin operations from Singapore at that time, area manager Edward Lim said yesterday. Emirates will use its
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      Page 2 Advertisements Column 1
      223 2 sun; iui uiv viivi. i of c PP '^^^H N MAH M AVA chagos amcH Pm4w* **HDA SEA f f f CHrntm«« i iA»ii»iu Timor COCOS IS r OCEAN t WS TV V' Our international connections. The edge and our local agents will bring our service we have over other
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      Page 2 Advertisements Column 2
      260 2 v M 0 IB 7 HEALTH IS STRENGTH THE NATIONAL MOMI-MOMI MASSAGE LOUNGER PROVIDES THE LUXURY OF A SOOTHING, RELAXING MASSAGE RIGHT IN THE COMFORT OF YOUR OWN HOME. AND NOW, IN CELEBRATION OF SINGAPORE'S 25TH ANNIVERSARY, WE'RE OFFERING GENEROUS DISCOUNTS ON MOMI-MOMI LOUNGERS. SO NOW YOU CAN GET INTO
      260 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      MARKET SUMMARY 1
      283 3 Otfcer ladte— Close Previous Net change Mar 22 Mar 21 BT Composite 1355.33 1362.93 -7.60 BT-MGA 780.82 781.80 -0.98 ST Industrials 1569.91 1572.19 -2.28 BT OB/OS -94 -11 -83 BT CADI -5422 -5358 -64 BT 10-day MA -5389 -5380 -9 BTOBV +*****49 +*****25 -***** ST Finance 2613.91
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    • COMPANY BRIEFS
      • Article
        Kamunting lists new shares
        40 3 KAMUNTING CORP Bhd's 196,025 new shares of 50 sen each arising from the conversion of M$ 196,025 one per cent convertible redeemable loan notes (CRLN) 1989/1990 will be listed on the Kuala Lumpur Stock Exchange today.
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      • Article
        Ganda to sell Concord Papers
        62 3 GANDA HOLDINGS Bhd has proposed to dispose of the entire issued capital of paper tape manufacturer Concord Papers Industries Sdn Bhd for M 56.09 million. To be sold to Samanda Holdings Bhd, the sale price was arrived at after taking into account the earnings potential
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      • Article
        Golden Plus condo project in KL
        48 3 GOLDEN PLUS Holdings has entered into an agreement to acquire a piece of freehold property in Kuala Lumpur through its subsidiary, Goldbase Sdn Bhd, for M 52.13 million. Taking up approximately 33,440 sq ft, the property is to accommodate a condominium project.
        48 words
      • Article
        Temasek cuts Singmarine stake
        29 3 TEMASEK HOLDINGS has reduced its stake in Singmarine Industries from 60.71 per cent to 60.70 per cent with the sale of 12,000 shares for $50,242.51.
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      • Article
        Updyke reduces GSI stake
        33 3 UPDYKE ASSOCIATION and Updyke Investments have reduced their stakes in General Securities Investments Ltd from 1.37 million shares and 957,000 shares respectively to 1.33 million shares and 936,000 shares.
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    • Article
      FELS pays $20m for rig kits
      246 3 FAR EAST Levingston Shipyard, the Keppel group's rigbuilding arm, recently bought Marathon LeTourneau rig components for about $20 million in the hope that a rig order would turn up in which they can be used. FELS purchased one of two rig "kits" comprising components
      246 words
    • Article
      Hiap Moh records 12.3 pc rise in profits
      159 3 HIAP MOH Corporation Ltd Singapore's leading paper merchant and stockist has reported a modest growth of 12.3 per cent in group net after-tax profits to $2 million for the year ended Dec 31, 1989. Directors said yesterday the Sesdaq-listed group expects to
      159 words
    • Article
      Singland investors must be ready to sit out UIC's game
      654 3  -  THE HOCK LOCK SIEW COLUMN By Amy Balan SPEAK to 10 analysts or dealers and you have 10 different versions of what United Industrial Corporation is going to do to Singapore Land and vice versa. With so many rumours flying
      654 words
    • Article, Illustration
      Guthrie GTS raises stake in L&M to 20.2 pc
      506 3  -  By Rosie Tan GUTHRIE GTS has raised its stake in specialist contractors LAM Group Investments to 20.19 per cent yesterday, snapping up a total of 4.1 million shares at $2.40 each and two million warrants at $1.15 apiece. The fast moving
      506 words
    • Article
      Bousteadco buys 70pc of PEB
      242 3  -  By Abdul Hadhi BOUSTEADCO Singapore Ltd has acquired a 70 per cent stake in PEB Technologies (Asia) Pte Ltd for $578,000 as part of its diversification programme. An additional amount of no less than $225,000 in cash is payable if PEB achieves a post-tax profit
      242 words
    • Article
      Another bit of magic by MGIC
      375 3  -  From Ranjit Gill in KUALA LUMPUR A LITTLE-KNOWN subsidiary of giant United Engineers (M) Bhd, Pati Sdn Bhd, which has been awarded substantial contracts, is to be injected into listed Malaysian General Investment Corporation Bhd (MGIC) in a carefully planned and quietly executed corporate
      375 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      241 3 Shenton Way: 2,400 sq.m. your very own building within a building Here is a rare opportunity to lease a valuable fully self-contained street frontage address in prestigious UIC Building Three consecutive floors totalling 2,400 High ceiling of 4m (13 ft) for first storey sq.m. (25,000 sq.ft.) with internal stair- and
      241 words
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  • REGIONAL COMPANY NEWS
    • Article
      MARKET SUMMARY 2
      182 4 HONGKONG MfcM Close Open High Low Volume Change Hang Seng Index 2,948 2,926 2,956 2,913 +22 Hang Seng Spot 2,957 2,930 2,973 2,927 909 +2 Clow Previous Net Change Mar 22 Mar 21 Hang Seng Finance 2,041.68 2,028.86 +12.82 Hang Seng Utilities 3,643.57 3,589.76 +53.81 Hang Seng
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    • Article
      Lock icon Shell (M) to invest more upstream
      397 4 Bemama THE SHELL Companies in Malaysia plan to invest substantially in the upstream sector over the next five years despite uncertainties over prices of oil and oil products. "Living with uncertainty over oil and product prices and the judgment of the associated risks is
      Bemama  -  397 words
    • Article
      Lock icon Citic expected to consolidate acquisitions
      454 4 IHT CHINA'S state-owned investment unit is expected to lie low as it digests acquisitions made during a feeding frenzy among Hongkong's most strategic companies, according to analysts. China International Trust Investment Corp (Citic) on Tuesday formally announced its agreement to buy a 20 per cent
      IHT  -  454 words
    • Article
      Lock icon New World Hotels owners in joint bid
      196 4 Reuter A PRIVATE COMPANY identified only ai Newco, which is 64 per ceat owned by New World Development Co Ltd aad 36 per cent by Chow Tai Fook Enterprises lid, has bid for all the issaed capital of listed New World Hotels (Hoidiags)
      Reuter  -  196 words
    • Article
      Lock icon S Korean unit trust to be placed abroad
      268 4 Reuter A SOUTH KOREAN trust fund that gives foreign institutional investors access to the Seoul market will be placed in Asia, Europe and the United States on March 27, co-lead manager Hyundai Securities Co Ltd said. The 20-year unit trust fund, totalling
      Reuter  -  268 words
    • Article
      Indon group will place out excess EMS shares
      222 4 THE INDONESIAN PT Raja Garuda Mas (RGM) group, which is mounting a takeover bid for listed vid-eo-tape housing manufacturer Electro Magnetic (S) Ltd, intends to place out any shares it receives in excess of 60 per cent of EMS's issued capital. The
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    • COMPANY BRIEFS
      • Article
        Lock icon Pickens to buy more of Koito
        120 4 AFP INDUSTRIALIST T Boone Pickens said Wednesday he was buying five million more shares in the Japanese auto parts firm Koito Manufacturing to force the company to admit him to its board of directors. "We're going to apply as much pressure as we can"
        AFP  -  120 words
      • Article
        Lock icon Telecom privatisation opposed
        81 4 Reuter THE OPPOSITION National Party would seek to regain New Zealand's control of Telecom Corporation if key areas fell into foreign hands after privatisation, a party spokesman said on Thursday. "National rules out confiscation or nationalisation as the means of regaining New Zealand control over Telecom," said
        Reuter  -  81 words
      • Article
        Lock icon Ito-Yokado bids for Southland
        100 4 Reuter THE ITO-YOKADO Co Ltd group and subsidiary 7-Eleven Japan Co Ltd have made a conditional US$4OO million offer to buy 75 per cent of US convenience store chain operator Southland Corp, a senior Ito-Yokado official told a news conference. The official said the offer was
        Reuter  -  100 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      298 4 EC -Asean Seminar on Joint \fenture Management and Industrial Cooperation. Limited places available on this sponsored programme Under the sponsorship of the Commission of the Participation is limited to approximately five people European Communities, the Euro-Asia Centre of the from each ASEAN nation, so you are urged to apply international
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  • Page 5 Advertisements
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      304 5 Fast 7.5 colour copies per minute JHt zoom lens without shifting the projector A3 to B5 size (OHP film as well as Zoom from 25-inch to 100-inch picture plain paper) 91 step zoom from Compact and portable smaller and lighter than 64% to 154% Also copies in conven projectors v
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  • INTERNATIONAL COMPANY NEWS
    • Article
      MARLET SUMMARY 3
      95 6 NEW YORK Mar 2. Mfatt Close Previous Net Change Dow Jones 2727.93 2738.74 -10.81 NYSE Composite 186.82 187.71 -0.89 Standard A Poor's 500 339.74 341.57 -1.83 Turnover (nearest *000) 130,990 177,320 -46,330 LONDON Financial Times 30 1771.4 1777.6 -6.2 FTSE 100 2250.3 2259.7 -9.4 Turnover (nearest *000)
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    • Article
      Lock icon Boeing yet to reach deal with Japanese
      342 6 Reuter BOEING CO said it is continuing discussions with Japan's three largest aerospace companies, but no decision has been reached on whether the three will have an equity stake in developing its 777 jet. "There are discussions being held on what role they
      Reuter  -  342 words
    • Article
      Lock icon Digital Equipment gets set for a unified Germany
      237 6 AP DIGITAL EQUIPMENT Corp, the world's second largest computer company behind International Business Machines Corporation, said on Wednesday it had set up operations in West Berlin to prepare for ventures in a unified Germany. Several weeks ago Digital said it was planning
      AP  -  237 words
    • Article
      Lock icon James Capel CEO Quinnen resigns
      344 6 FT JAMES CAPEL, the UK's leading agency stockbroker, on Tuesday lost its chairman and chief executive, Peter Quinnen, over a disagreement about the ownership of the firm. Mr Quinnen, an accountant who had been with Capel for 18 years, is understood to have fallen out
      FT  -  344 words
    • Article, Illustration
      Lock icon USX Corp advises shareholders to vote against Icahn
      389 6 NYT USX CORP, in its first official response to a proposal by Carl C Icahn to spin off at least 80 per cent of the company's steel business, said in proxy material issued on Wednesday that the plan would hurt the company
      NYT  -  389 words
    • COMPANY BRIEFS
      • Article
        Lock icon Kodak to sell Verbatim Corp
        105 6 AFP EASTMAN KODAK Company on Wednesday announced plans to sell its Verbatim Corporation subsidiary to Mitsubishi Kasei Corporation for an undisclosed amount. Under the deal, subject to regulatory approval, Mitsubishi is to acquire' all Verbatim stock and obtain Verbatim's floppy disk and digital cassette businesses.
        AFP  -  105 words
      • Article
        Lock icon Straws in the UAL wind
        99 6 Reuter THE advisers to UAL Corp's board of directors were likely to present an analysis of the latest buyout proposal from the airline's unions as well as new net asset valuations for the company at a board meeting yesterday, a source familiar with the company
        Reuter  -  99 words
      • Article
        Lock icon Western Union's debt problem y
        89 6 Reuter WESTERN UNION Corp said it may be unable to meet a June IS debt payment and could be forced to file for bankruptcy protection unless it can restructure its debt terms, renegotiate contractual commitments, sell sufficient assets, or sell new debt or equity. Western
        Reuter  -  89 words
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      384 6 I V ~x t -m\* r vWpwWf 1 ■om*v- *IL*^n-'W-'lm-f.;f ¥?TW 3• -.<;«•» 4 *?.*?*V M *>«f?js /<*■ A futuristic interpretation of a legendary design: The Movado® Sapphire Museum® Watch. The famous Museum dot dial represents the quintessence of the modern design movement. Simple, functional, tasteful. Yet, the Movado Sapphire
      384 words
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  • Page 7 Advertisements
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      326 7 Does w'l f iu^ ~.*T 5i y° u both sa MasterCard,) allow you to use our -'z i Art^nro fp otYi F 1 money rather than your own, for up to 45 days. Interest' Jl Free. In fact, if you need a little more time to repay J m you
      326 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Indon team in Beijing for talks
        79 8 SENIOR officials left Jakarta on Wednesday for Beijing for talks on settling Indonesia's outstanding debts to China, one of the last obstacles to restoring diplomatic relations frozen more than 20 years ago, the official Antara news agency said. The delegation, expected to be in
        79 words
      • Article
        CBOT adjusts 'circuit breakers'
        130 8 THE Chicago Board of Trade (CBOT) said its board has authorised changes in the "circuit breakers," or regulations regarding price limits and trading halts on its Major Market Index stock index futures contract. Under the changes, the CBOT president would be authorised to suspend trading in
        130 words
      • Article
        Indosuez net profit up 25pc
        62 8 MR ANTOINE Jeancourt-Galignani, the president of French bank Indosuez, said 1989 had seen progress in implementing the bank's bid to become "a major European investment bank to face up to the major Japanese and US banks." He said this when announcing net consolidated profit for
        62 words
    • Article
      Bangkok Bank to step up regional operations
      217 8 BANGKOK BANK, the largest bank in South-east Asia, plans to step up its operations in the region, including reopening its branch in Ho Chi Minh city. Dr Amnuay Virawan, the executive chairman of Bangkok Bank, told BT yesterday that the proposed branch in
      217 words
    • Article, Illustration
      Factoring poised to grow by 10-20 pc
      327 8  -  By Quak Hiang Whai THE FACTORING industry in Singapore chalked up a volume of US$l.2 billion (552.2 billion) last year and is expected to grow by 10 to 20 per cent this year, figures released by Factor Chain International (FCI) show. This volume
      327 words
    • Article
      Lock icon Foreign banks file writ over Guilin hotel
      409 8 Reuter SEVEN foreign banks have filed a writ in Hongkong against the state-owned China International Travel Service (CITS) for payment of an outstanding debt on a hotel project in China, banking sources told Reuters on Wednesday. The writ, which also names a Hongkong
      Reuter  -  409 words
    • Article, Illustration
      Lock icon Citicorp property loan losses set to be higher than expected
      480 8 Reuter CITICORP will have higher than expected levels of losses from real estate loans in 1990, analysts said. "The emphasis of Citicorp's presentation to analysts yesterday was on loan quality," said County Nat est analyst Stephen Berman. "Its real estate
      Reuter  -  480 words
    • Article
      Lock icon Venezuela Vindicates US plan'
      148 8 AP A US TREASURY official said on Wednesday that an agreement between Venezuela and its creditor banks vindicates the United States' year-old plan for solving the developing world's debt crisis. Treasury Undersecretary David Mulford predicted that the Venezuelan agreement in principle, which was announced on Tuesday,
      AP  -  148 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      97 8 Lufthansa's Asian Commitment: Our fifth option to Frankfurt. JSlHmh_ *£r j! J^E^> (S 19& ,I, Sh ml Starting April 1, Lufthansa gives you yet another #C non-stop 8747-400 flight. From Singapore to the heart of the new Europe, Frankfurt. That means you can now fly three times a week non-stop,
      97 words
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      Page 8 Advertisements Column 2
      72 8 f liawAillMLSl Spedabsti in Fine Hand-knotted Carpets f-^3' GRAND AUCTION Mar. 25, 1990. PL Grand Ballroom Hilton International |j§ 100 Tribal And Fine Oriental Carpets Rugs Viewing: 10am Ipm 'J® Auction Sale: 1.30pm spm jOl All lots are guaranteed and backed by a full trade in value at our showroom
      72 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      35 8 DolIar$ Non$en$e |.i 3 I •:p 5H0ELA.ce CO. I A '-j a '> 111 mh "What do you mean, 'We can't cut capital spending to the bone'?—need I remind you what this company was started on?"
      35 words
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  • THE REGION
    • Article
      Lock icon Asian economies worried over EC integration
      294 9 AFP ASIA's newly-industrialising economies and Thailand and Malaysia expressed concern over European integration during a joint workshop that ended in Seoul on Wednesday, an official said. David de Pury, Swiss Ambassador to the Organisation for Economic Development and Cooperation (OECD), said representatives from the
      AFP  -  294 words
    • Article
      Lock icon Indon body wants US textile pact spiked
      153 9 AFP THE Indonesian Textile Association has urged the government to end an agreement with Washington regulating textile imports from Indonesia saying it has hampered export growth, the group's spokesman said on Thursday. Textile trade between Indonesia and the United States should be regulated,
      AFP  -  153 words
    • Article, Illustration
      Saigon hotel makes waves
      37 9 Floating luxury: A symbol of the new Vietnam, the Saigon Floating Hotel in Ho Chi Minh City caters to businessmen in search of deals in a country opening up to the outside world
      37 words
    • Article
      Bangkok seeks feedback on trade barriers
      255 9 THE THAI Commerce Ministry is inviting Thai companies to help compile a list of the worst trade barriers confronting their exports so that negotiators can better serve their interests in the current round of global trade liberalisation talks. The Nation reported. The lists will
      255 words
    • Article
      New twist to Thai Skytrain project
      221 9 THE CANADIAN Lavalin group is to be proposed to Thai Industry Minister Banharn Sitpa-archa as one of two consortiums to build the controversial Skytrain project in a shock move that has brought swift and bitter condemnation from its main rival, the Asia-Euro group. The
      221 words
    • NOTE BOOK
      • Article
        Lock icon Indonesia and Taiwan to cooperate in energy
        117 9 AFP INDONESIA AND TAIWAN have agreed to set up a joint committee to boost cooperation in the mining and energy sector, the Bisnis Indonesia daily reported yesterday. The agreement, reached during a meeting in Jakarta between Taiwan's Economic Minister Chen Li-an and Mines
        AFP  -  117 words
      • Article
        Lock icon US denies backing coup
        129 9 AFP THE AMERICAN government yesterday strongly denied that it backed last December's bloody coup attempt against President Corazon Aquino and said its support for her remained absolutely firm. Washington was responding to a sworn statement by Brigadier-General Alejandro Galido, a senior officer accused of sympathising with
        AFP  -  129 words
      • Article
        Lock icon HK tycoon expands venture
        93 9 AFP HONGKONG businessman Sun Sit will invest some seven million Fijian dollars to expand his textile and garment manufacturing operations in Fiji, a government statement said on Wednesday. The statement said the government had given Mr Sun approval to buy a textile factory on freehold property
        AFP  -  93 words
      • Article
        Lock icon KL minister rules out rivalry
        94 9 Bernama THERE IS NO competition between Malaysian manufacturers and foreign investors for the domestic market, Deputy 'Trade and Industry Minister Datuk Kok Wee Kiat said on Wednesday. He said that foreign investment in Malaysia was only concentrated on export-oriented projects involving the manufacture of electrical
        Bernama  -  94 words
      • Article
        Lock icon Thai move to scrap press law
        70 9 AFP THE THAI Government has decided to ask parliament to abrogate Decree 42, a 13-year-old law authorising the closing of newspapers if national security is threatened, officials said on Wednesday. The cabinet, which made the decision at its weekly meeting on Tuesday, also assigned
        AFP  -  70 words
  • Page 9 Advertisements
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      180 9 4 MIT S U B I S H I jflMr N I _tl I V YOU CAN'T OUTGROW THE SPACE WAGON g£X3£' S &**'«H^*' ■J|y| JS£ *.iJrarv .>, iff-18aB m 1 J|;>>- wiJ| «4 My •gMtffi»Mfijp r Tp|MMgUg^^BM Now here's a car that meets the growing needs of a growing
      180 words
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      467 10 Haie's Epson's solution In any situation and by all calculations, iIOCfJI ltl ATl\ St3ndard USer friend V featUreS twice the number of heads is always better. yJL vA A which has made Epson the world s leading Which is why the brains at Epson completely re-designed a revolutionary printer manufacturer.
      467 words
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  • THE WORLD 1
    • Article
      Lock icon Gatt compromise on commodities
      363 11 AFP Reuter GATT NEGOTIATORS have reached a compromise on trade in products from natural resources, including the thorny issues of subsidies to the coal industry and fishing. Sources in Geneva said on Wednesday that the negotiating group on natural resources products in the Uruguay Round of
      AFP; Reuter  -  363 words
    • Article
      Lock icon Bid to head off US-Japan trade tensions
      200 11 NYT A MEETING scheduled for today between US Treasury Secretary Nicholas Brady and his Japanese counterpart is intended to head off major trade disputes this summer and to consider moves to check the recent fall of the yen, US officials said on Wednesday.
      NYT  -  200 words
    • Article
      Lock icon US budget deficit still rising
      123 11 AFP THE US BUDGET deficit for the first five months of fiscal 1990 was US$97.B billion, or US$2.4B billion shy of the targeted debt for the entire year. The US Treasury Department said on Wednesday that the deficit for the first five months of fiscal
      AFP  -  123 words
    • Article
      Lock icon Debate over Japanese concessions
      179 11 AP A CAMPAIGN to make it easier to sell US products in Japan appears to be yielding some results, but is also triggering debate over how far Tokyo should go to meet American demands. Negotiators on both sides are racing to meet an early April deadline
      AP  -  179 words
    • Article, Illustration
      A guarded moment
      39 11 A former political prisoner, Czechoslovakia!! President Vaclav Havel is no stranger to guards. But these days, he's spending more time inspecting them, as he does here in London on Wednesday as part of his UK visit.
      39 words
    • Article
      Lock icon US trailing in key weapons fields, says Pentagon
      272 11 NYT THE PENTAGON has told the US Congress that the Soviet Union holds a significant lead in a weapons technology critical to national security and that Japan leads the US in five other strategic technologies. Moscow was holding the advantage in pulsed
      NYT  -  272 words
    • WORLD WATCH
      • Article
        Lock icon Israel slashes foreign debt by US$ 800m
        67 11 AFP ISRAEL'S foreign debt fell by US$BOO million last year and stood at U5523.7 billion by the end of the year. The Bank of Israel said on Wednesday that the decrease was due to a slowdown in the country's economic activity over the
        AFP  -  67 words
      • Article
        Lock icon Treaty to woo US investors
        99 11 AFP US INVESTORS in Poland will be allowed to send their profits home and enjoy protections and advantages under international investment regulations under a treaty signed in Washington on Wednesday by US President George Bush and Polish Prime Minister Tadeusz Mazowiecki, who is on a
        AFP  -  99 words
      • Article
        Lock icon Visa-for-investment offer
        65 11 Reuter SRI LANKA is considering luring foreign investors with the offer of permanent citizenship or long-term residence visas. A senior government official in Colombo said on Wednesday that many prospective investors from Hongkong had requested these conditions, but once approved they would benefit investors from all countries. Officials
        Reuter  -  65 words
      • Article
        Lock icon Brazilians get govt assurance
        106 11 AP THE BRAZILIAN government has promised workers job stability and threatened businessmen who it says are trying to undermine the radical economic reforms introduced last week by President Fernando Collor de Mello. The reforms, which include the introduction of a new currency and a partial freeze
        AP  -  106 words
      • Article
        Lock icon Mass protest in Buenos Aires
        69 11 Reuter TENS OF THOUSANDS of government employees marched through central Buenos Aires on Wednesday in the second mass protest against President Carlos Menem's economic policies in less than a week The protests went ahead in spite of a last-minute government offer of a US$2O bonus
        Reuter  -  69 words
      • Article
        Lock icon Rebel Aussie pilots relent
        86 11 Reuter REBEL AUSTRALIAN PILOTS, abandoned by domestic airlines and humbled by government intervention in a sevenmonth dispute, have finally given in and agreed to abide by a national industrial relations system. The Australian Federation of Air Pilots, whose 1,640 members resigned en masse last August and
        Reuter  -  86 words
    • Article, Illustration
      Lock icon Gorbachev orders Lithuanians to turn in private firearms
      458 13 NYT SOVIET PRESIDENT Mikhail Gorbachev made use of his new executive powers on Wednesday night to tighten Soviet resistance to Lithuanian independence, ordering civilians in Lithuania to surrender private firearms to representatives of the central government, and putting foreigners under stricter controls
      NYT  -  458 words
    • Article
      Lock icon Lithuania prepares for Soviet energy siege
      287 13 Reuter AFP LITHUANIA'S prime minister said her government was preparing a contingency plan in case Moscow cuts off energy supplies to the rebellious Baltic republic. Kazimiera Prunskiene, whose government voted last week to declare independence from the Soviet Union, said in an interview published
      Reuter; AFP  -  287 words
    • Article
      Lock icon Seoul ministers revise radical economic reforms
      448 13 AP SOUTH KOREA'S new economic ministers have decided to shelve or modify most of the radical economic reforms pushed by their predecessors, including a system calling for real names on financial transactions, South Korean officials said on Wednesday. The nation's largest opposition party warned
      AP  -  448 words
    • Article
      Lock icon Figures show continued slowdown in China
      165 13 AFP OFFICIAL ECONOMIC figures for the first two months of this year showed continuing stagnation as a result of China's 18-month-old austerity campaign. The State Statistical Bureau released figures in Beijing on Tuesday showing inflation in 35 major cities rising 3J per cent during
      AFP  -  165 words
    • Article
      Lock icon Nujoma commits new-born Namibia to mixed economy
      316 13 AFP NAMIBIAN President Sam Nujoma on Wednesday committed the new-born nation to a mixed economy with limited government intervention allaying fears that his Swapo government would move to nationalise mines and key industries. Delivering his first policy speech since being sworn in as
      AFP  -  316 words
    • Article
      Lock icon Moscow to introduce full market economy: paper
      388 13 Reuter A WELL-CONNECTED Moscow weekly said on Wednesday that the government had prepared a list of radical draft laws and decrees to be finalised in the next few weeks to open up the Soviet Union to a market economy. Commersanl, organ of the
      Reuter  -  388 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      508 11 Take a look at the shape you're driving in. ABS brakes as standard equipment on all our high-end cars. Until vou If you were your how you fare V. Then there's the backbone fitness or a marathon? of your car, its suspension. Unlike Odd as this sounds, when you examine
      508 words
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      740 12 rmm} ...j mmni **m •*<*£ FULL•SK K V I K BANKING I, < C WWO Stvunty IWA; N*>i»J Hank pi I fgftL f lss~~ I user jgga- ta)(nv«Fiii /J*** g-s- *■*> r **iM tty*r' l*BSr Asia# s= /Gz *ew»-jrL u na»T.a.«« -^-T G*i»_«fa,<Tw_« b J ss •*ZJ2?2' u «-*«<*— =i—
      740 words
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      Page 13 Advertisements Column 1
      438 13 ■m, Pearicofder 5930 The new Peartcorder 5930 from Olympus is the world's first microcassette recorder equipped with an Auto date/time memory. By pressing the Date button, the current time and date of the recording is automatically recorded onto the tape itself. The Date/Time function memorizes the date and time of
      438 words
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  • Article
    Think of the Pacific
    466 14 EDITORIAL ECONOMIC disputes between the US and Japan are often described as problems of success. That is true but, inately, the description does nothing to make solutions to the problems easier to find. Japan, a country whose war-shattered economy Washington helped rebuild as part of a
    466 words
  • WHAT THE OTHERS SAY
    • Article
      The vacuum seekers
      224 14 THE END of the Cold War is not benefiting the Asia-Pacific region as it does Europe. Fighting continues in Afghanistan and Cambodia, for example. Still, most Asian countries are experiencing unprecedented peace and prosperity. But this can all change if or when the US, as the regional
      224 words
    • Article
      The real winners
      130 14 THE EAST GERMAN parliamentary elections on Sunday attracted worldwide attention, not only because it was the first free election in 40 years but, more important, because it was an historic occasion to decide its future. While it is true that the decline of communism contributed greatly to
      130 words
    • Article
      Every drop counts
      155 14 THE DRY SPELL is upon us again. And if more come our way, not only Singapore will be affected, but also our water supplier, Johor. PUB figures indicate that water consumption in Singapore is continuing to rise, owing to economic expansion and population growth. Apart from the
      155 words
  • REGIONAL VIEWPOINTS
    • Article
      A gradual withdrawal
      168 14 THE CLOSER scheduled negotiations between the Philippines and the US regarding the status of Subic Naval Base and Clark Air Base draw, the more strident the statements made by both sides appear to become. Exploratory talks on the future of those two bases and four smaller facilities
      168 words
    • Article
      Wage rise for Thais
      194 14 ON THE SURFACE, the minimum wage rates that go into effect next month appear to represent a victory for the country's labourers. For Bangkok and five surrounding provinces, the designated increase from 78 baht a day to 90 baht constitutes a 15.4 per cent rise. And
      194 words
    • Article
      Cabinet reshuffle
      116 14 NOW IT IS CERTAIN that Prime Minister Chatichai Choonhavan has ruled out dissolving the House but will, instead, reshuffle the Cabinet before Parliament reconvenes in early-May in order to strengthen his trouble-plagued coalition government. General Chavalit helped clear some confusion by reiterating his intention to resign from the
      116 words
  • Article, Illustration
    Lock icon A slow boat named China
    932 14  -  Another deficit budget this week and a tottering economy have the net effect of shortening the fuse to the Chinese powder keg considerably. Kathy Wilhelm reports. Kathy Wilhelm AP IT IS THE Year of the Horse, but the turtle might be a more fitting symbol
    AP  -  932 words
  • Page 14 Advertisements
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      170 14 I PURCHASE OF ONGOING I EXPORT BUSINESS I I Our client, an established and reputable company who is a member of a I I multinational group, seeks acquisition/investment opportunities in existing I I export companies. I I The target company should be a Malaysian incorporated public or private I I
      170 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      67 14 DOONESBURY VDU MARX, ROCK IV ROLL I ACCEPT THAT. I PONT IND&P YOU ARB, JAMES AND SURE ITS A UTTLS UJA6OH6INALVt ABOUT 6MHG TKY TO TAP INTO IT IN THAT VtIN.HJHY POtTT M 0 R&G6AE NUMBER. wee to raw. uNPZoceetev an/morc. rrs unp&vfi£P cixxe ujfth yourlawst/mb about gum cx&Ase. SMOTIONS-Tm
      67 words
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  • ANALYSIS
    • Article
      Who'll bail out Australia's sinking economy?
      899 15  -  The noose is tightening, and the Australian economy will be gasping for a while, no matter which party wins this weekend, asserts Lim Say Boon Lim Say Boon Lim Say Boon is a writer based in Melbourne. Australians face up to two years of
      899 words
    • Article, Illustration
      Lock icon Perestroika — Russian cocktail on the rocks
      949 15  - Perestroika Russian cocktail on the rocks While Lithuania cocks a snook at Mikhail Gorbachev, the economy continues to mock at his baby, perestroika. Leonard Silk reports. Leonard Silk NYT THE economic crisis in the Soviet Union is worsening and forcing President Mikhail Gorbachev towards a faster and more radical reorganisation
      NYT  -  949 words
    • Article, Illustration
      Lock icon S Korean trade going through sour period
      537 15  -  South Korea is far from immune to what ails the global economy. Choi Kyo reports Choi Kyo Reuter SOUTH KOREA'S new economic ministers face an end-of-the-month deadline in crafting an economic rescue package already discounted by sceptics as too little, too late. The
      Reuter  -  537 words
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      82 15 n mmt He Wb mm£ ml vJL IP K 1 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our
      82 words
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  • FOCUS
    • Article, Illustration
      Lock icon E Europe: no question of reverse gear
      840 16 The Conference on Security and Cooperation in Europe (CSCE) used to be a Cold War standoff on security or human rights. Now it is concentrating on Eastern Europe's transition to free markets and capitalism. Reuter SHORTLY AFTER communist tanks crushed an uprising of
      Reuter  -  840 words
    • Article
      Lock icon East Germans preparing for new era of capitalism
      701 16 Reuter SCHOOLED by an army of Western advisers and boosted by a landslide victory for conservative parties, East German entrepreneurs are getting ready for a new age of capitalism. A growing Small Business Association, already 20,000 strong, is pressing for swift measures
      Reuter  -  701 words
  • Page 16 Advertisements
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      213 16 I W 1 BANQUE^ f I I INTERNATIONALE I I A LUXEMBOURG I I BIL (ASIA) LTD. I I Bank of Singapore I I Bank of New Zealand I I COMMONWEALTH BANK OF AUSTRALIA I W/ti HB H I Copenhagen Handelsßank I I THE GULF BANKi I HNB Moscow Narodny
      213 words
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  • SPORTS
    • Article, Illustration
      Aiming for that Hole-in-One
      556 17  -  Charles Savage reports on the Ballantine competition Charles Savage "EVERY MORNING I wake up and start thinking who can I get to play today," says Tan Ngian Swee. "Golf is no exercise for me but it's very addictive." Tan, a 23-handicap 40-year-old executive director of Straits
      556 words
    • SIDS LINES
      • Article
        Toronto Maple Leafs end with a 5-5 tie
        119 17 DANIEL MAROIS scored his second goal of the hockey game on a power play with eight seconds remaining in the thitd period on Wednesday night, giving the Toronto Maple Leafs; a 5-5 tie with the rookie-studded New York Rangers. Marois scored from
        119 words
      • Article
        New course in Ryder Cup bid
        118 17 A NEW £52 million golf complex, designed by former Bntish Open champion Tom Weiskopf, on Wednesday officialy entered the running for the 1993 Ryder Cup. The course on the banks of Loch Lomond in Scotland is not due for completion until July 1991, but
        118 words
      • Article
        Robidoux makes dream start
        86 17 CANADA'S new snooker star Alain Robidoux made a dream debut for his country by getting them through to the semi-fi-nals of the World Cup at Bournemouth on Wednesday. Robidoux won three frames out of four against Scottish captain Stephen Hendry to clinch a 5-3 victory for
        86 words
      • Article
        Olympics too big
        95 17 THE OLYMPICS have become too big for their own good, according to Princess Anne, one of Britain's two International Olympic Committee (IOC) members. The princess, who also is president of both the British Olympic Association and the International Equestrian Federation, said the size of the Games is
        95 words
    • Article, Illustration
      Lock icon Upsets galore in Florida
      607 17 AP SPANIARDS Emilio Sanchez and Conchita Martinez led another wave of upsets at the International Players Championships on Wednesday in Key Biscayne, Florida, ousting top seeds Ivan Lendl and Gabriela Sabatini from the US$2.5-million tennis tournament. Sanchez, the 15th seed, stunned the world's top-rank-ed men's player
      AP  -  607 words
    • Article
      Lock icon Bullets beats New Jersey Nets 136-106
      278 17 AP LEDELL EACKLES, again filling in for injured JefT Malone, scored a career-high 40 points on Wednesday night and the Washington Bullets sent the New Jersey Nets to their 21st straight road loss, 136-106. New Jersey lost its eighth consecutive game. The Nets, who
      AP  -  278 words
    • Article
      Lock icon Mc Crory hopes to get back to heavyweight
      346 17 AP GLENN MCCRORY had his eyes on weightier things as he prepared to defend his International Boxing Federation cruiserweight championship against American Jeff Lampkin yesterday. McCrory, who was to fight in front of local fans in the north-east England city of Gateshead,
      AP  -  346 words
    • Article
      Lock icon Absent West Indian stars boost England's Test hopes
      466 17 AFP THE ABSENCE of Vivian Richards and Malcolm Marshall through injury will be a major psychological advantage for England when the third Test starts in Port of Spain today. For these two, more than any other West Indians, have embodied the West
      AFP  -  466 words
    • Article, Illustration
      Lock icon Dinsamo after a pot of gold
      315 17 AFP BELAYNEH DINSAMO has rejected other offers so that he can attempt to hit a quarter of a million dollar jackpot at next month's London Marathon. The 32-year-old Ethiopian who set the fastest time in history, 2hrs 6mins 50 sees, in Rotterdam two years
      AFP  -  315 words
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      Page 18 Advertisements Column 1
      204 18 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Didn't I see you at Scandals? If lb Every Monday: High Fashion Night. Every Thursday: ladies Night. Every Night The place to see and be seen. Scandals. Singapore's most sophisticated club and meeting place.
      204 words
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      Page 18 Advertisements Column 2
      319 18 iiiiiiniiiiiiuiiiiii I PLUM'S iiiiiiiin That old spiced magic from Thailand is coming to Plum's! March 12 25 only! Chefs from the famous Dusit Thani hotel in Bangkok. Thailand are coming, armed with traditional Thai receipes for the buffets at Plum's. Secret ingredients spice up the food and bring out the
      319 words
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      Page 18 Advertisements Column 3
      207 18 Ce£6r*£e' (feus' A/wgvC -€&c~ Sky Garden Poolslde Friday lo Sunday: 6.30 10.30 pm Adult: $11.90 Child: $8 Complimentary birthday cake for Plaza Hotel i a minimum of ten. Please make your »iwc*>o«c r»AIWCOIOUB>UI •IflVlTlMCl reservation 4 days In advance (mm im lira *4 hmini Feast on our Chef's Specialty Fish
      207 words
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      Page 18 Advertisements Column 4
      216 18 I If you enjoy Beijing cuu>g>kV'3u«ye probably heard jaßi of Smoked Prawns, Cnspy odyftg Duck, Shark's Fin ||p Soup with mince 4 Baked Tench. Now you can enjoy (fieim Beijing Buffet j|j|j Beijingl&iiffirt Lunch Jjf Marl An Adult: &2£j+ Sl4+ v|p c //amdmn S I li tW ri nftnr\ ja§
      216 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      697 18 TELEVISION AND RADIO A -a "corvi ,JS S»artln» Ina Scratch 5.30 Daafui*«» c ue ce rti DirvA a L SBCI2 Nothing but jhc Tooth. ..00 te*~l N~. <M). BUSINESS ON RADIO We I) OT I 3TIT 3SV 7.30 PM TM M» ™.p |J2 !?£*J2ZL Kiss ¥A BBC, 89.9 wtte in
      697 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Where have all the villains gone?
      1548 19  -  With glasnost and perestroika, the espionage novel has lost its ready-made Russian villains ana native traitors. It's now a whole new ball game with a new set of rules. Bruce Cook takes a look at how writers of spy fiction are adapting to the
      NYT  -  1,548 words
    • Article
      A chance to sleep on Lennon and Ono's bed
      277 19 CHATTERBOX ROCK MUSIC FANS will be able to sleep in the bed where John Lennon and Yoko Ono held their protest for world peace in 1969, the Hilton Hotel in Amsterdam said on Wednesday. For 1,500 guilders (US$793) a night, they'll
      277 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      280 19 AND ENTERTAIN High Fashion At High Tea. On Saturdays, High Tea is highly fashionable at the Fountain Lounge Over cups of delicate blends of tea, or coffee if you wish, and a generous spread of oven-fresh pastries, canapes and other afternoon delights, you'll be wowed by a fashion show featuring
      280 words
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      Page 19 Advertisements Column 2
      78 19 5268 <T«k 2 Sharks Fin with Chicken $163.80 3 c^'thSoyaßean (For 10 persons) 4 Prawn in Dried Red Chi* pC j 5 Stnng Beans with Minced Meat Cfl£E R° aS 6 Maple Leaf Deep Fried Bun PeKing 7 Braised Pu-Tten Bean Curd no iutk «rt* 8 Han-Chang Noodles in Hot
      78 words
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      Page 19 Advertisements Column 3
      74 19 IriKO I ■restaurant Frisco offer the finest continental cuisine with cosy, fy friendly ambience. EXCLUSIVE BUSINESS LUNCH 11.00 am to 2.30pm Set Lunch $28.00++ per person (menu changes daily) ROMANTIC DINNER 6.00pm to 10.00pm Candle-light Set Dinner 9 $25.00++ per person HAPPY HOURS 3pm to 10.00pm if All alcoholic beverages
      74 words
    • Advertisement
      Page 19 Advertisements Column 4
      291 19 I wr*A ■Hi* ,/a. ■I- ♦r»J7'W NteHna Restaurant I Marina Bay Golf* Country Club I 6 Marina Green Singapore oioi. I For Reservations Please Call man. I I I 11 it l\sd I Great Meals I lin an Intimate Setting I Hj For a delightful but informal meal, come to
      291 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares withstand sharp fall in Tokyo
      4456 20  -  By Lim Mui Khi THE SINGAPORE stock market yesterday proved resilient again to shocks from Tokyo. Share prices took a beating early in the morning but edged up later to finish off the day's lows. Caution, however, ruled the market, leading to its quiet
      4,456 words
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  • STOCK EXCHANGE OF SINGAPORE 2
    • Article
      CLOB INTERNATIONAL
      3030 21 Gr's Gr'» 1989/90 Id last Vol Day Last Quote Div Div YTd Net M Cap High Low Code Company Sale +or(W0) High Low Buyer Seller Or P/E Soiil vi HONGKONG STOCKS < 102 88% 1418 CDL Hotels Intl 91 636 91 88% 90% 91 1246 Cathay Pacific t«
      3,030 words
    • Article
      Market closes weaker on higher volume
      731 21  -  By Lim Mui Khi SHARES on Gob International took a beating yesterday, with prices closing lower on higher turnover. Volume on the over-the-counter market was up from Wednesday's 34.67 million units worth $62.24 million to 40.52 million units valued at $68.27 million yesterday. The
      731 words
  • Article
    BONDS, LOANS AND WARRANTS INFORMATION SERVICE
    923 21 Company hpir. maturity date Coupon Conversion period Interest payable C onversion term for one ordinary share Cauuway Loan 1994 6 Dec 31 Causeway Nt 1994 Oct 2. 1989 to Oct 20, 1994 1 warrant plus SI cash or 1 warrant plus SI nominal amount
    923 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks marginally lower
      3369 22 MBT THE Kuala Lumpur stock market stood up well to the sharp plunge in Tokyo yesterday to close only marginally weaker as a late bout of bargain hunting helped share prices recoup some of their earlier losses. Dealers said investors were generally cautious but there was hardly
      MBT  -  3,369 words
  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS DUE
      596 22 Singapore Stocks Last Full Y«ar Ca*a* NM Data Taa M EPS ftao I* mourtd end* (cads) <•» m« tot (T000) MT Mm Jan 27 Jun 90 169 6 100.0 516 MM CIS Fin* Fab 22 Oec 89 1.1171 Ma Final Fab 28 Nov 89 39.1 10.0 U.72S TamftOy
      596 words
    • Article
      DIVIDENDS ANNOUNCED
      674 22 Currant Ex leeks Data Tatai far Tetal far paymawt djtt cioM payable tfce year last year htm Find USlOC(b) Mir 7 Mar 19 Mar 26 US10C Maa 15%TE Feb 28 Mar 12 May IS 25%Tt 25%TE BAT 90.9*(n) Apr 6 Apr 19 May 3 122.71(a) 72% Bauriaad 5%
      674 words
    • Article
      APPROVED ISSUES
      312 22 Company Right* lift MB Qne-tortour 0 102.40 par share Ei<Wt Mar 8 Books doar Mar 22 Acceptance 4 dimwit NYA UC Two-tor We C 10 per share Thm warrants tor every 10 ensbnf Awes Md at 10.48 par warrant b-date Fab 7 Books dosr Fab 19 ksctl&tt 4
      312 words
    • Article
      COMPANY MEETINGS
      167 22 M*y» Urited Motrin Bated: EGM at Mil Plaza Conference Centre, Is* Floor, Mil Plaza, Jalan P Ramlee, ***** Kuala Lumpur on Saturday, Mar 24, at Ham. Sdavor Dredg* Berted: EGM at Tingkat 18, West Block, Wisma Setangor Dredging, 142-C ialan Ampang, ***** Kuala Lumpur on Wednesday, Mar 28,
      167 words
    • Article
      RECORD HIGHS AND LOWS
      137 22 BT Composite Index ST Industrie* Index 1990 N* 1402.22 (6/2/90) 1J* 2£/2 1990 tar 1307.35 (26/1/90) 990 tar 489*3 19*9 N* 1322.00 (28/12/89) J* «776 (26/12 »> 1909 1m: 917.42 (4/1/89) *9 Jr 030.J9 jWT 190t Mftr 1043 86 (8/8/88) *J J* 1988 br. 737.83 (4/1/88)
      137 words
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  • REGIONAL STOCK MARKETS
    • Hongkong shares firm up despite slide in Tokyo
      • Article, Illustration
        HONGKONG
        1090 23 HONGKONG share prices closed firmer yesterday on bullish sentiment, encouraged by the market's resilience to a slide in Tokyo share prices and the release of some positive corporate results, brokers said. The Hang Seng Index rose 21.75 points to close at 2,948.67 while the broader based Hongkong Index rose
        1,090 words
      • Article, Illustration
        TOKYO
        791 23 TOKYO share prices yesterday closed down sharply on a variety of negative factors but well off their lows for the day in moderately active trading. Bro- kers attributed a moderate afternoon rebound to mainly technical factors in addition to a recovery by the yen and bond prices. The key
        791 words
      • Article, Illustration
        SYDNEY
        494 23 AUSTRALIA'S sharemarket closed weaker but off the day's low after a sharp slide in Tokyo's Nikkei Index put the market under selling pressure, brokers said. The All Ordinaries Index closed 19.4 points lower at 1,567.2, after edging up from its morning low at 1,562.3. "The market remained very shaky
        494 words
      • Article
        BANGKOK
        242 23 THE THAI stockmarket appeared unruffled by plunging share prices in Tokyo and recorded slight gains with the cement sector leading the way. The official SET Index gained 4.31 points to dose at 796.50. Advances led declines 75 to 46. Most actively traded were CMIC, Capital Securities and Finance and
        242 words
      • Article
        SEOUL
        224 23 SEOUL stocks closed lower for the second day running as most institutional investors stayed on the sidelines. The Composite Index closed at 845.96, dropping 3.95 points from the previous session. Turnover was 256.3 billion won compared with 379.6 billion on Wednesday. Brokers said speculation about government plans to boost
        224 words
      • Article
        TAIPEI
        362 23 TAIWAN STOCKS ended sharply lower yesterday on investor concern that the market would continue to be rocked by political changes and follow Tokyo share prices down. "There's an underlying worry that Taiwan after the presidential election might move similarly to Tokyo after its election," said John Engle, head of
        362 words
      • Article
        MANILA
        96 23 PHILIPPINE shares dipped in a technical correction as the index followed the lead of the fall in Tokyo's Nikkei Index, brokers said. "The market more or less followed the move of Japan. It took the substantial drop in Tokyo as another excuse to correct itself," said Fe Paller, a
        96 words
      • Article
        NEW ZEALAND
        86 23 PRICES on the New Zealand share market fell to their lowest level this year in the face of a plunge by the Tokyo market. The Barclays Industrial Index sagged 20.32 points to 1,726.30 in sympathy with the Nikkei Index which was some 1,600 points (5.2 per cent) down
        86 words
      • Article
        Lock icon BOMBAY
        66 23 Reuter BOMBAY share prices rose sharply on heavy buying after trading rules were eased yesterday. Brokers are now allowed carry forward their transactions up to 30 million rupees against 25 million previously. "The decision was taken to improve liquidity in the market," a Bombay Stock Exchange (BSE) official said.
        Reuter  -  66 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      300 23 The Jakarta report was not available at press time NOTICES LOST 1 SHARE/WARRANT CERTIFICATES The toftowtng Share/Warrant (WRTS) mtlftcM— have been reported lost or deetroyed:AMCOL HOLDINGS LIMITED Certificate Wo. In toe name of No. of Sharea/WETS *****99 ChuaKimEng 1x 665 HONG FOK CORPORATION LIMITED *****47 Mr Ho Juan Yew 1*
      300 words
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  • WORLD STOCK MARKETS
    • Wall Street stocks edge lower in slow trading
      • Article, Illustration
        NEW YORK
        890 24 LATE-SESSION program selling, faltering bond prices and a renewed spate of profit-taking knocked US stock prices moderately lower on Wednesday. Trading was extremely slow, reflecting the lack of Japanese participation with the markets there closed for a holiday. The Dow Jones Industrial Average ended down 10.81 points to
        890 words
      • Article, Illustration
        LONDON
        815 24 LONDON share prices were higher in modest trading at midday yesterday, after being jolted upward by the release of favourable British trade figures. "The market's immediate reaction was one of relief," said one trader. Dealers marked prices up after the 1130 GMT release of the figures, which showed that
        815 words
      • Article
        AMSTERDAM
        215 24 DUTCH share prices extended earlier losses in lively midsession trade yester- day. Selling orders from the Amsterdam options exchange hurt stocks which had opened mostly easier on Tokyo's Thursday slump, traders said. Interest rate worries also continued to weigh on stocks. At 1200 GMT the CBS all-share index shed
        215 words
      • Article
        FRANKFURT
        190 24 WEST GERMAN shares tumbled in low volume trade yesterday, falling sharply from the near record highs seen early in the session, when prices had been boosted by heavy institutional buying. The DAX Index closed 19.01 points or one per cent lower at 1,918.98, after rising to 1,955.41 soon after
        190 words
      • Article
        ZURICH
        108 24 SWISS SHARES yesterday broadly lower, but above the 10w*.., reached earlier. A certain recovery came in the afternoon after BBC Brown Bo*eri said it will allow foreigners to buy its registered shares. But this news was not enough $6r overcome earlier selling prompted by k sharp decline in Tokyo
        108 words
      • Article
        MILAN
        118 24 ITALIAN stocks yesterday ignored another sharp price fall in Tokyo and opened stronger on good demand for chemical stocks Montedison and Enimont. The MIB was 0.8 per cent higher at 1000 GMT but then fell back to be unchanged at 1030 GMT. Milan Mar 21 Lire Ass Gen 3970
        118 words
      • Article
        PARIS
        109 24 FRENCH share prices were lower by midday yesterday as investors took profits on the last day of the account. Dealers said the recent spate of corporate results gave the market little support. The CAC-40 index was down 24.79 points at 1,912.39 by 1215 GMT. Paris Mar 21 Francs COME
        109 words
      • Article
        Untitled
        469 24 Brussels Mar 21 Fr««c» FORWARD MARKET Acec 4970 70 Artoed 5250 +110 Astur 1450 +62 Brascan 742 +10 Canpac Cock 214 +4 De Beers 786 -4 Ebes 4270 +110 Gb-lnno-Bm 1214 +14 Gevaert 8760 +10 Gr Bru Lamb 4010 +10 Hotook Petro ***** +100 Ryl Dutch 2680 +15 Sidro 1755
        469 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      299 24 EXCELLENT INVESTMENT OPPORTUNITIES medium size mj£Jr OFFICE BUILDINGS INVEST BEFORE YvN PRICES MOVE TO EVEN GREATER > HEIGHTS BY > END OF 1990 AND FORECASTED STILL 7 j. Ps\ HIGHER IN 1991 1. 5 storey individually designed intermediate building Vicinity of Cathay Cinema and Merlin Hotel Nett area 8,000 sq.
      299 words
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      Page 24 Advertisements Column 2
      172 24 N A well established locally headquartered shipping company requires highly experienced person for the position of Chief Financial Officer. Applicants, male or female of any age, must have thorough knowledge of voyage accounting system. Since the company has various staff options to fill this requirement salary and benefit package can
      172 words
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      Page 24 Advertisements Column 3
      88 24 IN THE MATTW Of TM COMPANIES ACT. CAP. «0 AND IN THE MATTW OP moiw (MMEX TKAOCR) PTE LTD On Voluntary liqiidatfon) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of tha Companies Act. Cap. 50 that the Final Meeting of mafrtws of the abovenamed Company wi ba hald on
      88 words
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      Page 24 Advertisements Column 4
      34 24 Blow A Gasket Without Blowing Your Cool. tour I I "Imm1 mm only $450 How to look after your car covering every popular make and model. Avaiabit ot tne/or bookshops end mw-rinA STP Distributors
      34 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Hefty BOJ selling, talk of Fed intervention stem rise of dollar
      1215 25 FOREX MARKET REPORTS THE US DOLLAR yesterday rose over 155 yen for the first time in Tokyo since February, 1987. But hefty Bank of Japan selling and news the US Federal Reserve might have sold in Singapore helped stem
      1,215 words
    • Article
      INTERBANK FOREX RATES
      390 25 Cross rates Mar 22 USS SS MS Dm Yen SFr A$ NZS OSS 1.8855 2.7290 1.7110 155.10 0.6274 1.5245 1.3514 1.7271 S$ 0.5304 1.4474 0.9075 0.8226 0.3327 0.8085 0.7167 0.9160 MS 0.3664 69.09 0.6270 0.5683 0.2299 0.5586 0.4952 0.6329 Dm 0.5845 1.1020 1.5950 90.65 0.3667 0.8910 0.7898
      390 words
    • Article
      MONEY MARKET
      567 25 Interbank rates gg- Bid Offer Overnight 6 3/8 6 1/2 1-month 6 5/16 6 7/16 2-ittonth 6 5/16 6 7/16 3-qionmth 6 3/8 6 1/2 Q«cmi|ht mode: 6-7/16 Uy Bid Offer 7 davs 8 7/16 8 9/16 1 month 8 5/16 8 7/16 2 months 8 3/8 8
      567 words
    • Article
      Lock icon UK budget moves could boost futures, options trade
      391 25 Reuter TURNOVER in the UK futures and options industry is set for a big boost due to measures in Chancellor John Major's debut financial budget directed at simplifying the taxation of derivatives, industry sources said. Chancellor Major proposed in his budget package
      Reuter  -  391 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1335 25 SIMLA eurodollar Open Htgh Low Sett Est Vol Op/lnt Vol Jun 90 91.28 9L30 9 L27 9L28 7375 ***** 2809 Sep 90 91.19 91.21 91.17 91.19 1481 4383 666 Dec 90 91.04 91.05 91.01 91.04 507 2581 187 Mar 91 90.98 90.98 90.98 90.99 2 212
      1,335 words
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  • COMMODITIES
    • Article
      Lock icon M'sia may have to buy natural rubber
      290 26 Reuter A SENIOR Malaysian rubber official said Malaysia may have to import natural rubber in the near future to meet local processing demand. There could soon be a shortage of raw materials to satisfy local use after exports, Malaysian Rubber Research and Development
      Reuter  -  290 words
    • Article
      Lock icon Market sours for Opec crudes
      302 26 Reuter OPECs high sulphur "sour" crudes remain out of favour compared to gasoline-rich "sweet" grades, and traders expect the price difference between them to widen. "I see no fundamental reason why it won't. It depends on how much sour crude comes from Opec the perception
      Reuter  -  302 words
    • Article
      Lock icon Inro buys more S'pore, KL rubber
      147 26 Reuter THE International Natural Rubber Organisation's (Inro) buffer stock manager (BSM) bought more rubber on the Malaysian and Singapore markets on Wednesday, local rubber brokers said. Brokers said the Inro BSM purchased SMR 20 at 212 and 214 cents a kg for April and
      Reuter  -  147 words
    • Article
      Firmer London helps tin price to rebound
      779 26 REPORTS THE TIN price on the Kuala Lumpur Tin Market (KLTM) rebounded 13 cents to 17.01 nnggit a kg at the close, after falling for the past three days, dealers said. "The rise was in line with a higher London market where fresh
      779 words
  • Article
    PRICES
    1376 26 Rubber Mar 22 US <hfc In S ccnta/kg Noon Cloae Int I RSS Prompt I53.7VI54.75N 152.54VI53.50 Int I RSS Apr 90 I56.7V157.25 1 55 50****** Int I RSS May I59.2VI59.75 l57.7VI5t.25 Int 2 RSS OR IS2.00/I54.00N 151 (MM 53.00N Int 3 RSS OP 146.50/I48.50N I45.50/I47.50N Int 4 RSS OP
    1,376 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      777 26 NOTICES IN THE MATTER OF THE COMPANIES ACT. (CHAPTER 50) PURSUANT TO SECTION 290(1)(b) RL LEASING (SINGAPORE) PTE LTD On the 20th day of March 1990. the following special resolutions set out below were deemed to be duly passed at an Extraordinary General Meeting of RL LEASING (SINGAPORE) PTE LTD
      777 words
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      Page 26 Advertisements Column 2
      909 26 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF CAMREX COATINGS PTE LTD (In Voluntary Liquidation) MEMBERS VOLUNTARY WINDING UP At an Extraordinary General Meeting of the abovenamed company duly convened and held at 212 Teiofc Kurau Road #04-218 Bright Centre Singapore 1542 on 19
      909 words
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      Page 26 Advertisements Column 3
      15 26 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
      1007 27 <*! FHW ETA FIHW ETP Aka DhaM SRI87 2000 GA890 2250 GA970 2335 SQ225 2215 t*mm RJ182 1445 RJ183 2320 flwilirlim KL835 1505 KL836 2150 SQ23 1810 SQ24 2230 QF16 1820 GA890 2250 AUmm SQ31 1720 0A471 2215 flTMinl TE25 1700 BA11 1225 TE25 1755 SQ325
      1,007 words
    • Article, Illustration
      Lock icon Head for the zoo for exotic meat
      571 27 LETTER FROM BEIJING AFP TUCKED between "lion mountain" and the aviary, around the corner from the "Protect the Wildlife" sign, awaits a succulent plate of soft-fried black bear. Welcome to the Beijing Zoo, probably the only one in the world where you can
      AFP  -  571 words
    • Article
      MONEY CHANGER RATES
      153 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.410 1.430 Canadian dollar 1.5820 1.6020 NZ dollar ***** I.I ISO Sterling pound 2.9950 3.0250 US dollar 1.8815 1.8915 Local dollars to 100 units of foreign currency Austrian schilling 15.30
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      100 27 Duration Title Venue Organiser Td Duration TiUe Venue OnM»ker Td Mar 25-28 Intern*.oral Munich Mode-Woche- <49*9/*****0 Apr *8 Housing and Bilbo* (34)4/*****00 Fashion Fair Munchen GmbH Spain hitwnaaonai Appliance de Bilbos Apr 3-8 International Helsinki The Finnish (35«)<VI5091 International Building Fair Fair Corporation Exhibition Apr 4-7 Light
      100 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      63 27 Tlk bunneu person's choice every Tueiday, I f ill# IIV I If m Thursday, Saturday and Sunday. Leaving Chanjti I I If\ I II I II I Airport at 21:55 hours and arriving at Le*er B. I I A JL >eano International Airport the following day. GUlynmr travtl *gcnl or
      63 words
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      Page 27 Advertisements Column 2
      125 27 If $§(11 A language research team which has worked for 7 years using extensive computer facilities to study and analyse the patterns of use in contemporary English, has developed a new kind of dictionary in the new Collins COBUILD English Language Dictionary. Coverage of over 70,000 references 90.000 examples taken
      125 words
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      Page 27 Advertisements Column 3
      350 27 JE^K^texcellent COMMERCIAL jgy LAND MNVEST BEFORE VSi .a PRICES MOVE TO r -|C\W* EVEN GREATER < HEIGHTS BY r END OF 1990 AND e^ FORECASTED r K \1 HIGHER IN 1991 AND Strategeally localM tor commercial development Dual frontages I Approved high plot ratio I Land area Approx 54.000 sq.
      350 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      269 27 6 Got less, but clinched the 8 The forward-thinking individual (4) IH H|| |H[ 9 A game of no great impor11 Knowing not all will appear LmJ ■BF^ lH 12 Exercise right through (3) 13 Just rise ought to be arranged (9) 16 Fly back to make a point pH
      269 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      236 27 Singapore OUTLOOK: Fair except for showers over some areas in the late morning and early afternoon Report for 24 hours prior to 7.30pm on Mar 22 at the airport: Max temp 31.7 Assoc humidity 67 Min temp 26.0 Assoc humidity 90 Hrs of sunshine 7.20 Rainfall in mm 3.0 Rainfall
      236 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      20 27 r rssjc t*4c"N rrs ei"tue* C*oojd of noc*>*jg Guoßtous {ca**.... .J ftrjJT 04 CH€SI,SR J MM >XAMDMD OOi LTDL, MMN
      20 words
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  • Article
    Lock icon Major shake-up for Aussie markets
    451 28 Reuter AFTER revelling in years of growth, Australia's financial markets are facing the biggest shake-up since deregulation in the early 1980s. Analysts say the industry is overcrowded and institutions, especially foreignowned banks and investment banks, are being squeezed by stiff competition and falling profits. "The
    Reuter  -  451 words
  • Article
    Asian firms hold competitive edge in E Bloc: economist
    256 28  -  By Hong Lee Tiam THE COMPETITIVENESS of many Asian countries gives them the edge over others when participating in the dynamic development of Eastern Europe, according to the former chief economist of Deutsche Bank, Dr FranzJosef Trouvain. Speaking at a breakfast
    256 words
  • Article, Illustration
    Shipping Times sets sail for revamp
    159 28 MORE THAN 200 guests from the shipping community turned out last night to celebrate the 12th anniversary of Shipping Times, a section of BT. During the cocktail reception held at the Marina Man- darin Hotel, Mr Denis Tay, the newly-appointed Chief Operating Officer of
    159 words
  • Article
    Lock icon Deal directly, KL tells China
    211 28 Bernama MALAYSIA has urged China to award Malaysian businessmen direct agency rights to distribute Chinese products in the country instead of going through a third country. Former Malaysian Trade Commissioner in China Sukandar Abdul LatifT said yesterday at present most of the agency distributorship rights
    Bernama  -  211 words
  • Article
    Japanese lower house clears budget
    190 28 JAPANESE legislators passed an extra budget yesterday, the first day of Parliament after a two-week deadlock that cast a shadow over Prime Minister Toshiki Kaifu's administration. Returning to the Lower House for the first time in two weeks, legislators approved a 5,900 billion yen supplementary
    190 words
  • Article
    Lock icon Seoul, Taipei firms advancing into Indonesia
    339 28 AFP JAPAN continued to lead Asian investment in Indonesia last year but South Korean and Taiwanese capital made spectacular advances at the expense of investment from Europe and North America. Indonesia absorbed U554.72 billion in foreign investment last year, more than triple the US$l.46
    AFP  -  339 words
  • Article
    Lock icon Support needed for KL privatisation :
    240 28 Support needed for KL privatisation Bernama THE MALAYSIAN government's privatisation programme will not succeed unless there is sufficient absorptive capacity in the private sector, deputy minister in the Prime Minister's Department Dr Ting Chew Peh said yesterday. He added that privatisation required a massive mobilisation of private-sector financial resources and
    Bernama  -  240 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      315 28 -—==-»=--===—-=============r Precision mastery since 1775 f Smrim A OKLAHOMA CITY UNIVERSITY W NPA, in conjunction with OCU, is pleased to announce that applications are now open for the OCU MBA programme offered entirely in Singapore through the distance learning mode. OCU, founded in 1904, has a long tradition of excellence.
      315 words
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      Page 28 Advertisements Column 2
      8 28 More stories on Pg 11 Leader, Pg 14
      8 words
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      Page 28 Advertisements Column 3
      127 28 &-"$!@<>=_/"$].,{"$^?;^<=/%!@}? I I fialtfhfiMCL I J FRENCH CfiUAtUQN J ASPARAGUS I Straight from the garden of France comes these unique French Cavaillon Asparagus. I Tender and succulent, you'll find this delightful vegetable at the I A wholesome vegetable of the white variety, you an now enjoy its rich nutrients. Simply
      127 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Trump may buy Amels of Makkum
        101 29 Reuter DONALD TRUMP said he might be interested in buying a builder of medium-sized luxury yachts. Queried about Dutch newspaper reports that he was interested in buying the shipyard Amels of Makkum in the northern Dutch province of Friesland, where the Trump Princess yacht
        Reuter  -  101 words
      • Article
        Hapag-Lloyd's Indonesian services
        81 29 WEST GERMAN CARRIER Hapag-Lloyd is restructuring its services to and from Indonesia to transport all containerised cargo through Singapore starting in June. It will offer fixed-day weekly sailings instead of the current 17-day sailings within the direct service to Indonesia. It has several options for on-transport: either
        81 words
      • Article
        Colombo's container handling plans
        97 29 THE PORT OF COLOMBO aims to double its container handling capacity to one million containers annually by 1995. Last year it handlod 565,610 containers and expects to cross the 700,000 mark this year. In January and February, the port handled 103,131 containers compared with 85,671 containers
        97 words
      • Article
        Lock icon Peru orders navy to break strike
        47 29 Reuter THE PERUVIAN GOVERNMENT ordered the navy to break a week-old port workers' strike by filling in for the strikers, Julio Gavilano, acting president of state port authority Enapu, said. The strike for wage increases has nearly halted Peru's exports. Reuter
        Reuter  -  47 words
      • Article
        Lock icon Liberian bulker towed off S'pore
        35 29 Reuter THE LIBERIAN-REGISTERED bulker Spiliada, 20,850 dwt, has been towed to a position off Singapore after a collision with the Tokachi, a Singaporean tanker, Lloyds Shipping Intelligence Service said. Reuter
        Reuter  -  35 words
      • Article
        Lock icon Fishermen missing after collision
        74 29 AFP THREE JAPANESE FISHERMEN were missing after their boat collided with a Bangladesh cargo ship in the East China Sea early yesterday. The Bangladesh ship was able to rescue five of the fishermen, but three remained missing about 420 km north-west of Naha, Japan. The 56-ton
        AFP  -  74 words
    • Article
      Lock icon Manila's international port crippled by strike
      148 29 AFP MANILA'S international port was virtually paralysed on Wednesday when about 3,000 stevedores and others went on strike to support the current managers of their firm over an ownership dispute, officials said. The government's Philip- pine Ports Authority (PPA) said it will arbitrate the
      AFP  -  148 words
    • Article
      Floating terminal may be deployed at the South Harbour
      240 29  -  By AL O LABITA THE STATE-RUN Philippine Ports Authority (PPA) is considering deploying a floating terminal to ease foreign cargo traffic at Manila's South Harbour, one of the country's premier and busiest ports. PPA's plan followed a feasibility study showing the
      240 words
    • Article
      Index to advertisers
      1063 29 Pog* Column AtC Cmmili'i TWtooo J Kuott S** J-i AJbo»o< SooA., !m« J AMrod C lotc*- foortoo* i I »0> F.llOO* S «K U*o Ww 5 All J-i An i A/KM Uo 'JW* s A/row llooo N*o i ASG 1 Ah* bprw S.« M A cW»Oo»t<g lowfoo*
      1,063 words
    • Article
      Cruise convention to be held in S'pore next year
      273 29 AN ASIA-PACIFIC convention, featuring South-east Asia's booming cruise market, will be held in Singapore in November next year, just in time for the opening of the Republic's new $40 million Singapore Cruise Centre. The Seatrade Asia-Pacific Cruise Convention, from Nov 26
      273 words
    • Article
      Fosfa expects to approve list of banned chemicals by May
      373 29  -  By OTHMAN ABU BAKAR THE INTERNATIONAL Federation of Oil, Seeds and Fats Association (Fosfa) expects to approve by May 1 a list of 38 banned chemicals that parcel tankers should not carry as immediate previous cargoes. These banned chemicals are
      373 words
    • Article
      Thai transport ministry seeks sole control of cold storage trucks
      230 29 THE THAI Transport and Telecommunications Ministry (TTM) has sought Cabinet permission for sole rights to one of its divisions to operate cold storage trucks from Thailand to Malaysia and Singapore. The Express Transport Organisation of Thailand (ETO) claims all its
      230 words
    • Article
      Consensus on the need for cooperation
      1063 30 A year on from its implementation, the Transpacific Stabilisation Agreement has proved its worth. But can its success be maintained? Today we publish the second of a three-part article from Lloyd's Shipping Economist. A NUMBER OF CARRIERS operating outside the Transpacific Stabilisation Agreement (TSA)
      1,063 words
    • Article
      Bunker market report
      510 30 KO/M** V/V M/M WU W* MOACtmac NmNa Spac E28 891 1.0 15.0 0.10 30* 0.W Sp*c Q36 001 1.0 10.0 0.16 30* 0.10* Nartharw Europe 100 Ava 000 0.3 12J 0.08 0 0.® 100 Max 007 4.4 17.0 0.14 130 OJB No above E28 2 7 24
      510 words
    • Ships in Port
      • Article
        SINGAPORE
        2002 30 AT CONVENTIONAL WHARVES JHSV, ««g SSSS Moloko Joyo MO M3A otongnda 23XXV 0600 vow No Berth Arrival Departure otw m2a otongwd* 220/2300 VHHI Embovy Qum *003 M48 23 0CV 1515 24 (XV 1300 Jorrb* 09/90 M2A 2303/ 1015 2403/ 1200 iofcxi 2 203a 90 M38 2303/ 2315 24 03/0100
        2,002 words
      • Article
        MALAYSIA
        250 30 Port Klang South Port Victoria Cob berth 2; Agamemnon SB berth 3; Million No 3 berth 4; Sri Arlka berth 5 KCT: TSK Chorus berth 8; Kota Machan berth 9; Perkasa berth 9; Tanto Utama berth 10; Maersk Tanto berth 10 North Port Fukuzaki Maru berth 12; Hock Hai
        250 words
    • Article
      London Freights
      824 31 RATES to ship grain out of the US were lower on the dry cargo freight market on Wednesday, maintaining a recent trend and leading to a sharp 20-polnt fall in the spot Baltic Freight Index (BFI), brokers said. Grain from the US Qulf to Japan waa fixed between
      824 words
    • Article
      SHIPPING LIST where your ships are due...and when
      12545 36 MHIIIB VHto d* Jupiter CM D'Affrelemont March 23. Noraala Slnga. Noraala/SaaLand. March 23 Ev*r Given, Evergreen March 28. Ming Progreaa. Yang Ming Una. JuHartola. ScanOutch. March 28. Oenavon. Trtot. March 26(PK). Tokto Expraaa. Trtot. March 28. Anna Maarak. Maarak Una. March 28
      12,545 words
    • Article
      Lock icon Lexmar's supertanker plans for La Ciotat
      363 44 AFP US-SWEDISH group Lexmar wants to build three or four supertankers a year at the La Ciotat shipyard in southern France, Lexmar president Adam Backstrom said in an interview published in Paris on Wednesday. Lexmar. backed by the regional authorities, wants to revive La
      AFP  -  363 words
    • Article
      Lock icon Fifty-one feared dead in accidents off W Australia
      148 44 AFP FIFTY-ONE seamen are feared to have perished in two disasters off the north-west coast of Western Australia, the Australian Federal Sea Safety Centre said on Thursday. Intense searches for the two vessels, the Japanese trawler Dahlia 11 and the Panamanian-regis-tered bulk
      AFP  -  148 words
    • Article
      MICT buys more container equipment costing US$ 46.9m
      234 44 THE Manila International Container Terminal (MICT) has acquired additional equipment in a bid to raise the efficiency of its container cargo-handling capability to world-class standards. The new equipment, unloaded recently, consists of 12 new tractors, each costing U5546.9 million. The government-owned MICT
      234 words
    • Article
      Lock icon Swissair says results below expectations
      73 44 Reuter SWISSAIR-SCHWEIZERISCHE Luftverkehr AG said results in January were below expectations, with gross revenues 8 per cent up from a year earlier and costs before depreciation up 19 per cent. It blamed the January result on a slowdown in demand, unfavourable foreign exchange developments. and
      Reuter  -  73 words
    • Article
      Lock icon Lufthansa's profit up 25pc to 124 m marks
      148 44 AFP WEST GERMAN AIRLINE Lufthansa said on Wednesday that its pre-tax profit rose by 25 per cent last year over the 1988 level to 124 million Deutschemarks (U5573.5 million). Operating profit was up 26 per cent at 260 million marks (US$l53 million).
      AFP  -  148 words
    • Article
      Lock icon Japanese railway workers continue strike against layoffs
      210 44 AP ABOUT 5,000 Japanese rail workers went on a 24-hour strike across the country on Wednesday, entering the third day of a walkout to protest against layoff notices to 1,406 former state-owned railway workers, s union officisl said. The National Railway Workers Union
      AP  -  210 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      97 29 SWEE HENG METAL CO PTE LTD I 13. TUAS AVE 1« SINGAPORE 2263 TELE* RS ***** SHMCPL TEL: 861 5855 (Si.n»»> telefax mi 2946 s£\ Hv FuM cmn Q* scut «aFwr>o» I (ork»rt» Tom 1 J I illf f lcnn«-50 tennaa I* pC"VCI 7 tZZZ-,* 1 Containar Mandtat* and S*iHa
      97 words
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      Page 29 Advertisements Column 2
      608 29 I BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vessel/Vov SIN MAA CCU METTE RIIS 02 1/4 7/4 INGER RIIS 01 25/3 1/4 CALL: *****71 (See Page 13 Column 4). INSIDE More on theTSA A YEAR ON from its implementation, the Transpacific Stabilisation Agreement has proved its worth. But can its success be
      608 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      44 30 NOTICE On a one-off basis, we have 1500 cu. m. of cargo space, available on our vessel which will be load ready in Singapore about 30th March. For enquiries, contact: Austen Maritime Services Re Ltd Tel: 535 0305 Fax: 533 2016 Telex: R*****9 Vessel
      44 words
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      Page 31 Advertisements Column 1
      1797 31 M. jAßfclNf SHIPPING AGENCIES A%||## 200 Cantonment Road #12 05 South potnt, Singapore (HOB All If/ Tel *****11 TELEX NO RS ■llllf TERMINAL,CFS TH *****11 220 IT KAMA rl bookings Tei *****34 235 Llgy J PCSAKA JARDINE SHIPPING AGENCIES SON BHD fO" 1 TEL *****11 TELEX NO MA*****/MA***** PtNANG TEL
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      Page 31 Advertisements Column 2
      2279 31 Vmmi Voy ETA I ETD 'Port 'Penang DESTINATIONS Singapore Katang TNa weak lada M Feeder by CY 2/T/90 0400 HAS M Faroo t M HH BB CFS 2W90 lIOOHW M Tan OAK LOB MOO MEM ATL MIA CHS BAL PH. MYC MOW TOW LEDA M 9004 27/3 28* Std >24/3
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      986 32 ROTTERDAM/ VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENAVON 99/537 5/3 30/3 17/4 18/4 21/4 22/4 24/4 TOKK) EXPRESS 92/536 2W3 MM IW4 1»4 18/4 22/4 TOLA OA BAY o#/540 4/4 6/4 24/4 28/4 28/4 28/4 1/5 HAMBURG EXPRESS 96/538 5/4 30/4 24/4 26/4 23/4
      986 words
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      Page 32 Advertisements Column 2
      646 32 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT BANGLAR MOOKH 26/3 6/4 9/4 16/4 22/4 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO BANGLAR MOOKH 26/3 2/5 4/5 7/5 10/5 Agents: £rfqISINGAPORE: *****00 BOOKINGS: *****08 VPENANG:^ JOHORE; <y7 *****^ NORTHBOUND TO UKC S PORE RDM/ADAM HBG HULL(U.K) IVYBANK V.2«N 27(3
      646 words
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      Page 32 Advertisements Column 3
      1384 32 P5l VMAWA MM REGULAR MOEP6NOENT FULL COHTANMB SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LMA ALG) HAM) ROT) NORASIA SINGA WB 3 23/03 27/03 09/04 14/04 16 04 1904 21/04 22/04 2304 24/04 SM NORASIA AL MUNTAZAH 9004-3 31/03 04/04 16/04 21/04
      1,384 words
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      Page 33 Advertisements Column 1
      1522 33 Steamers Maritime Holdings Ltd P&O *nm STRAITS SHIPPING Containers Cm-***™-S par* MUai Slen MW| B'luvw R'djn lak ACCEPTS DUE SAILS kiuiocr am nm woi um w u*) iw rr'L, KNAVON 2MB 30W3 V* «M 1W 22*4 24*4 CARGO TOWO cxmss 2MB 22/04 17*4 11*4 li*4 MAM RAJAH BROOKE VOX Mujrj.
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      Page 33 Advertisements Column 2
      1806 33 TO: EUROPE TO: FAR EAST SP LH ROM HAM MC OX SPOKE HK KAO BU CHOYANC PARK 007* 27/3 14/4 IV4 1M 11/4 I*4 CHO YANG SUCCESS 0071 8/3 »/3 30/3 31/3 HANJIN OAKLAND 007W 31/3 ll|4 19/4 20M 22/4 23/4 HANJIN TONCHAE 0721 29/3 1/4 2/4 1/4 CHOYANC SUCCESS
      1,806 words
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      Page 33 Advertisements Column 3
      340 33 1539 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASIAN SEKI COSMIC STAR MATSUYAMA PIONEER VOY. NO 111 VS3 4 Spore SW 21/3 30/3 P. Kelang In Pt 31/3 Penang Hong Kong 4/4 Yokohama 10/4 13/4 Nagoya 1/4 11/4 Osaka 6/4 9/4 S«flboku Kashima Funabashi •for Discharging Only
      340 words
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      Page 34 Advertisements Column 1
      599 34 d)mifilii»gMM IRANIAN SERVICE Singapore Loading for:IRAN TEYFOURI 270 Banda Abbas IRAN SOKAN In Pt Banda Abbas (National Um 01 Mtxlco) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKG LB ENStNADA L CARMNAS S CRUZ MAfUANILLO MONTERREY V-Ol 280 12/3 14/3 110 20(3 a/4 TO4.UCA VII 3tp 22,4 24)4 21/4 30/4 2/)
      599 words
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      Page 34 Advertisements Column 2
      758 34 I S port I Ltßj*r« R'dam H'burf I'havtn Fltowt FEEDCN ysi 5* UM KAIA LAX OA* CHOYANC PARK M7W 27/3 14/4 I*4 16/4 11/4 19/4 MANjIN TOM MAI VH Wl H PONANC«W V/ 4 HANJIN OAKLAND 00/W 1/4 19/4 20/4 21/4 23/4 24/4 HANJIN KOTTIHOAM K7l W M NHAK MS
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      Page 34 Advertisements Column 3
      1385 34 I -4 y i j-M-1 f«S mmtby 23 23 V, 1111 ii* m m w un vm u/s n/s n> I Iv V Srifl ,i£ 5/4 *4 1W1V414/411/522/S2l/SI4/5 25/527/5 IW4B levergrac!" ;;J £J S-J ffi 'S *8 Jff "Si I t««a£A«Y iswSial!S!J2U J !5j l B 9R B l g*jfiSS
      1,385 words
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      Page 35 Advertisements Column 1
      1338 35 PACIFIC INTERNATIONAL LINES (PTE) LTD *****55? Kt PIL Building, 140 Cecil Street #0300, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOYSIN J'KT SIM VESSEL VOY SIN OKK SM DELTA MAS 147S 24/3 20/3 31/3 KOTA SINOA 04M >4/) >7/3 SI/3 EDEN #007 20/3 30/3 4/3 PEGASUS PROGRESS MSN
      1,338 words
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      Page 35 Advertisements Column 2
      755 35 EXPRESS CONTAINER SERVICE TO UK/CONTINENT V PK HON HAH B'MAVfN ROAM HAm ImMr SM I* ft I*4 12/4 14/4 1W 17/4 •wmn an an v* m w* n» m* T«kw £i«rtu 2*l 23/4 UH I*4 I*4 22/4 Toijfi by 4/4 *4 24/4 27/4 M/ 4 2*4 Of* Hm*uti (HTM V
      755 words
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      Page 35 Advertisements Column 3
      510 35 DJASAGETRI A Joint Europe Service Of: F T. DJAKARTA LLOYD fX 6ESURI LLOYD P.T. SAMUKRA IHDOMESM P.T. TRIKOHA LLOYD CR NBR 11(*****000-0 EXPRESS SERRI-CONTAINERSMIP SERVICE VSL/VOY SPOKE ROAM/ HBURG BRUKN ANTWERP ADAM KUTAI/IMV 31/3-4/4 4/5 *5 10/5 13/5 S.PANJAM6/2SM IS-11/4 13/5 17/5 20 b MATARAM/XM 25-8/4 1/1 7/1 1/6 12/1
      510 words
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      Page 35 Advertisements Column 4
      493 35 iggk MYANMA pBBk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P Kelang Penang Bangkok MERGUI V/MM 23/27 MAR PATHEIN V 100W HOI MAR PAGAN VMM 31 MAR/2 APR MYOMAYWA VI2SW 21/31 MAR BANK LINE (A service <X Andrew Weir Shipping) SEMI-CONTAINER SERVICE VI HEAVY LIFT CAPABILITY
      493 words
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      Page 36 Advertisements Column 1
      339 36 f 1 WEEKLY STRAITS/MADRAS CONTAINER SERVICE f rST7 DAILY LCL RECEIVING AT OWN CFS I PENANG VESSEL P.KELANG SPORE MADRAS 7 (FEEDER) 23/3 MELITA V 9006 25/3 26/3 1/4 'MACOLINE 23/3 LEUVE 9121 29/3 3/4 3/4 MELITA V 9007 9/4 10/4 16/4 BOOKING: MACOLINE S'PORE *****11 PK A UAC-NELS AGENCIES
      339 words
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      Page 36 Advertisements Column 2
      365 36 /HYUNDAI MERCHAKT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG IBM OAK SU FROM PSW IBM OAK SEA HKC SIM HYUNDAI INNOVATOR ME 23* 2MB IMM 1»* 22* HYUNDAI CHALLENGER WH 2MB W* 2203 29® HYUNDAI EXPLORER 30E 30® W 23* JMH HYUNDAI INNOVATOR 3W
      365 words
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      Page 36 Advertisements Column 3
      99 36 CROWN<3? PACIFIC FREIGHT PTE LTD La 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 3 1/3 OTHER 31/3 CCNII Compart Chilciu de Navcgacion Intrroccanica S.A TO SOUTH
      99 words
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      Page 37 Advertisements Column 1
      779 37 ■J®EE== InterCoa XI AMI lIMI Pit I.TI> FCL/LCL TO: PFAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG 1/4 TOKYO —29/3 LE HAVRE 2/4 LAUTOKA —30/3 KEELUNG 1/4 YOKOHAMA —29/3 ROTTERDAM 2/4 SUVA —30/3 MANILA —30/3 KOBE —29/3 UK PORTS 2/4 BANGKOK 1/4 AUSTRALIA HAMBURG 2/4 BUSAN —29/3 7~— ir GOTHENBURG 2/4
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      Page 37 Advertisements Column 2
      689 37 Nedlloyd we give you the world Nedlloyd Lines l&upjw/ l VESSEL JM PK| 'Pen *6kk Sin Sbaya" Auckland FijKA) N Plymouth/A) Timanj Lytteltor»(B) Ounedin(B) CUpter Wellinjton/C) Tjurinp N Rouen 3005 28/3 31/3 *3 2*3 3*3 4/4 17/4 24/4 19/4 20/4 21/4 21/4 2J/4 24/4 25/4 N. Rochester*** 114 14/4 11/4
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      Page 38 Advertisements Column 1
      1151 38 IQSQQf VOY *INOO -PK/PNG fsCP L 8 CHLS NFK NYC HFX OOCL FAIR w 26/3 27/3 »/3 21/4 1/5 3/5 V 5 9/5 RAINBOW BRIOGE 23 2/4 3/4 5/4 2«/4 «/5 10/5 12/5 16/5 OOCL FREEDOM 30 9/4 10/4 12/4 5/5 15/5 17/5 15/5 23/5 OOCL FAITH 19 22/4 21/4
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      Page 38 Advertisements Column 2
      700 38 [ETD SIN (1 DAY) MIOAY) Ml MY) MENA 26/03/90 PORT KELANG PENANG BANGKOK VICTOR TWICE/WKLY i BOOKING. CONTACT w CTQ CIM (3 DAYS) (2 DAYS) 0 MY) '•■r 25/03/90 HONG KONG KAOHSIUNG KEELUNG |jOVCE/JUDY TWICE/WKLY ETD SIN (6 DAYS) 0 DAY) (♦DAYS) ccdcwc CITI TWICP/WKIV 25/03/90 MANILA NAGOYA [SERENE/SITI Jk.
      700 words
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      Page 38 Advertisements Column 3
      217 38 Continental Pacific Shipping w "j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR TAIPAN Std SU RDM/ANT/FLU/UK ARTEMISION SU SETE/ROM/ANT/HU/UK BYRON V I*4 1M Zlfi RDM/ANT'FLU/NTS/UK Lopdi Sabah/lndonstia ®MULTIPORT A6ENCIES (S) PTE. LTD. TEL: *****77 FAX: 225M31 P.K. MULTVORT SON BHD TEL: M2M TLX: MA M 77*
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      Page 38 Advertisements Column 4
      618 38 /\v?>il GOLDEN LINE GUAN GUAN SHIPPING (PTE) ITO W?IC4 a. T«M Ayer Street SINGAPORE 0104 1 TEL SUM (10 LINES) Fax: *****04 STRAITS/PERSIAN GULF SERVICE: S port P. Ketone Pener* GOLDEN HON OCR CokxKxv'lUraciM/DuO* In Pert GOLDEN HAVEN Colombo. Kir»ch.t>uU M Apr CHINA SERVICE A VESSEL H»kou 2W» Ow Ml
      618 words
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      Page 39 Advertisements Column 1
      1777 39 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Boo*H. UK/EUROPE *****19, AUST/INDIA/PAK *****18 B USA *****16, FAR EAST *****48 Documentation: *****44/*****14 Terminal: *****22 CPS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L. *****33, P.Kelang *****87, Penang *****0, J.Bahru *****3, *****4 LKH CU BOM HAM MOTHKK VSL/VOV
      1,777 words
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      Page 39 Advertisements Column 2
      1302 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** KMMK f. BUM HUMS HAI TNOMC SNIPPING U7 Penan* Street, Pena* Malays M/S HANOUNG SYSTBi CO
      1,302 words
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      Page 40 Advertisements Column 1
      786 40 DSR LINES VEB DEUTRACHT/SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN I *LCA I ANT I RDM NBG I RST H. CEGIELSKI 7W HW 07/04 16/04 16/04 l«/ 04 20/04 E THAELMANN 2/90 04/04 11/04 27/04 27/04 29/04 <BA» RUEBELAND 2/90
      786 words
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      Page 40 Advertisements Column 2
      1211 40 WC COKYPmOHAI WIVKI Vmml P. KLG PNC P C Lsa*f)f tor TOMGCHUAN 30/3 ftottartfMvAntwp YANGCHUAN 28/4 RottKdjm/Antwp china rwx cowTAwn inwa Vnul PKL PNG SPORE BKK HKC SKA QIN LTC WEI HE 50 27/3 2S/J 31/3 M TANC FANC KOU 125 31y3 2*3 5/4 11/4 l«/ 4 2M Accaptinf FCL
      1,211 words
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      Page 40 Advertisements Column 3
      275 40 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETO LOADING FOR OELI I NOAH 24.3.90 25.3.90 PANJANG/PK. BALAM NAGA JAVA 28.3.90 31.3.90 PANJANG LAM PONG JAVA In Port 24.390 SEMARANG PANJANG PINANG JAYA In Port 25.3.90 PANJANG/PK BALAM PERITA JAYA 23.3.90 25.3.90 PANJANG/JAKARTA ABADI JAYA
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      Page 40 Advertisements Column 4
      541 40 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN!: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, 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: VIA VOSTOCHNY
      541 words
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      Page 40 Advertisements Column 5
      346 40 ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) NEWS FLASH 4 ANNOUNCING THE ARRIVAL OF RCL 4TH GENERATION FAST SPEED SUPER FEEDER MV MAHA DHUM 1240 TEUS THAI FLAG ETA SIN: 20/00/00 j |DASWANI Sdn jwat \*fi \vm |W*W| www fwmTM k KOIUWIWC MOW hi Pt Hl3 TMMift—
      346 words
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      Page 41 Advertisements Column 1
      1014 41 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTQ A VSL 27/3 2/4 A VSL 31/3 6/4 A VSL 3/4 9/4 y (Conventional Service) ETA S'PORE LOADING FOR BANGLAR PROGOTI 14/4 S.KOREA/JAPAN A VSL 30/4 CTG/MONGLA ETA S'PORE LOADING FOR IBN KHALDOON n pt UMMQASAR/BQD <s> il EAST MALAYSIA SHIPPING
      1,014 words
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      Page 41 Advertisements Column 2
      205 41 VESSEL I VOY ETA I LOADING FO« SPORE ANCHNET ISWB XVO4 OARESSALAAM. MOMBASA. OJIBOUTI ASSAB MASSAWA. MOOEIOAH ABBAY WON 2 24W8 2M6 OAWESSALAAM MOMBASA OJIOOUYI ASSAB MASSAWA HOOCCAH PQ KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy Spore P.
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      Page 41 Advertisements Column 3
      605 41 W-P.T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FE£DER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING La CARGO TO JKT, PKG, PNG r AND, BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SMOAPOM MOONCSU ttftVICS 'u MM -I■■m 1 Im■ VSL VOY
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      Page 41 Advertisements Column 4
      630 41 pmn BAY OF BENGAL SERVICES MADRAS CALCUTTA IBttll Iff SIM lA< tm METTE RIIS 07NM 1/4 7/4 13/4 METTE RIIS 03IM0 13/4 11/4 2S/4 METE RIIS 04NW 25/4 31/4 4/5 METTE RIIS OHO W5 12/5 U/5 VESSELS VOY SIN CCU SIN INGER RIIS 01 MB 2*3 1/4 1/4 INGER RIIS
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      Page 41 Advertisements Column 5
      347 41 TO AUSTRALIA/NEW ZEALAND I wustaM 15« aii S" H iw c voouk M~ aH M H 5» iw a/s umniKii xi w vn or. vn in m TUT DCMCS M 1* VM if S» 5i V 1* DATS TO SYDNEY! TO USA/CANADA 55! R. Ort— |C>»rt— [IMMm MM ms m
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      Page 42 Advertisements Column 1
      719 42 COMPANIA PERUANA TOEX DE VAPOREB "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* A OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Ptnang* P. Ktlang Singapore MURRAYEVERETT 31/2 Apr 3/5 Apr KAMALEVERETT 20/22 Apr THOMASEVERETT 26/28 Apr "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN
      719 words
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      Page 42 Advertisements Column 2
      599 42 We*t Coast. CarrMean.East Canada, HAITI Guatemala and Honduras VSL h'POtE hAINUNER |LAX IKST tSAV |NTC IMTX ZIN TRIESTE 170 2IM HONGKONG W* lfi I*s 12/5 lifi A. VESSEL 30(3 2Ht HONGKONG 21/4 7« 10/5 12/5 l«/ 5 ZIM BRISBANE 5/4 2IM TOKYO t/5 I*s 115 m 21,5 A. VESSEL 13/4
      599 words
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      Page 42 Advertisements Column 3
      747 42 SING KWANG HANGI HWWa TRAMMOMTATION (TTt) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 28/3 31/4 JENHOL 2S/3 28/3 VESSEL SPORE BANGKOK A VESSEL 3/4 A VESSEL 7/4 10/4 DE9TMATIOMS ETA SINGAPORE PORT KELANG 30 MAR MANILA 2 MAR HONG KONG, ALL CHINA PORTS 29 MAR KEELUNG. KAOHSIUNG 26
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      Page 42 Advertisements Column 4
      490 42 A PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PELOPOR 934 24/3 27/3 PRASETIA 79A 28/3 31/3 PELOPOR 935 31/3 03/4 PRASETIA 81A 04/4 07/4 TANTO UTAMA 638 27/3 30/3 TANTO UTAMA 65 04/4 07/4 TANTO UTAMA 67 11/4 14/4 TANTO
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      Page 42 Advertisements Column 5
      483 42 llfi fmeait 25/3 KEELUNG/KAOHSIUNG 1/4 BANGKOK i 1/4 MANILA 24/3 JAKARTA 30/3 PORT KELANG/PENANG 30/3 BUSAN 27/3 TOKYO/YOKO/KOBE 26/3 HONG KONG also accepting cargo to Huangpu Shenzhen Fuzhou; Xiamen/Xingang/Shangttai SIN EiitfE/HK 1/4 LDN/FLX/LVP/SOU 1/4 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN lU/CMAK 29/3 L.A./NYC/SFO 29/3 VANCOUVER/TORONTO/MONTREAL SIN USTIALU/NEW
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      Page 43 Advertisements Column 1
      222 43 Mmadkris business lP*i 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/BISLIG TBN 10-12 Apr MANILA/BISLIG M.V.'DAGOHOY' OS/SO 20TH-22ND APRIL MANILA/BISLIG TBN IST MAY MANILA/ILIGAN GENERAL ACT CALSOURCE SHIPPING 8 TRADING PTE LTD.
      222 words
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      Page 43 Advertisements Column 2
      355 43 SINGAPORE SURABAYA/JAKARTA CONTAINER SERVICE VESSEL/VOY SPORE SURABAYA JAKARTA PERM AI 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 PERM AI I 0035-035 18/4 21/4 23/4 KYC LINE STORE 22 TEL *****55 RS ***** ®P.T. PUNINAR JAYA/JKT TEL *****7/8 TLX *****
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      Page 43 Advertisements Column 3
      393 43 VSL DESTINATION ETA SIN PIYA BHUM 217R BANGKOK In Port •VIRA BHUM 01N BANGKOK 24/3 MAHA BHUM 02N BANGKOK 2«3 SIRI BHUM 441N BANGKOK A3 SO ORIENT 13R CEBU, MANILA 30/3 AKA BHUM 14S CEBU. MANILA t/4 INFINITY n CHITTAGONG MONGLA 27/3 0 SINCERITY 22A KARACHI. BOMBAY (S/4 KITI BHUM
      393 words
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      Page 43 Advertisements Column 4
      492 43 |T LCL/FCL SERVICE TO/FROM GenerM Agents: pfjO K*- allied-LINK SINGAPORE: /?T^\ 04-*****2 03-*****55 778 5522(22 lines) SEE® \J lOartM Owg Sum* NgACkrteMM CMw Alice Yeo/Mwr Yes I I Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY S'PORE JAKARTA EDEN 9006 21/03 24/03
      492 words
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      Page 43 Advertisements Column 5
      265 43 SM PTL MM MY I LONDON BRIDGE VOYOOW 07/04 18AM 23AM 26AM lOHFU VOYOOW 19AM 30AM 06/06 lALS PROSPERITY VOYIOW 28AM 10/06 25/06 30AJ6 I Accapßng 'FCL' tor Joftann—burg VESSEL MY DM m. MM ALS PROSPERITY VOYQ2E <»03 12AX3 23/03 CHOFU VOYOSE 18/03 I®AJ3 24/03 03AM ALS STRENGTH OSE 01/04
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      Page 44 Advertisements Column 1
      959 44 EXPORTTO: UK/CONTINENT (TRIO) "XX. IS'ptrt P.Rtianf |$tm Wburf B'b»t*s Mm Lfl* M&ki llalaA fcl KNAVOM 21/3 30f3 17M Mf4 21/4 2/4 24/4 *eltwiw .to Antwerp, AmeterxUm. Otio, Stoctho»w, HtU f\* ▼Amu) rvparec 7314 17/4 19/4 1M 22/4 Brsmsnftivwi lT# InMn TOLACA lAY 4/4 1(4 24/4 27/4 38/4 21/4 25/4 :It*H
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      Page 44 Advertisements Column 2
      53 44 NEW MONTHLY SERVICE OPERATING DIRECT MUMS FROM SINGAPORE AND RONG RONS TO PACIHC ISUNDS. MY SURiUM V.IS SINGAPORE 29/3 APIA (WESTERN SAMOA) 28/4 PAGO PAGO (AMERICAN SAMOA) 30/4 PAPEETE (TAHITI) 4/5 RAROTONGA (COOK ISLANDS) 7/5 NUKUALOFA (TONGA) 12/5 SAVU SAVU (FIJI) 15/5 AGENTS. BEN LINE AGENCIES (S) PTE LTD TEL:
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      Page 44 Advertisements Column 3
      142 44 notice I FAR EASTERN FREIGHT CONFERENCE SABAH. BRUNEI AND SARAWAK FREIGHT CONFERENCE NOTICE TO SHIPPERS NT 90 CURRENCY ADJUSTMENT FACTOR The Ist quarterly review of currency values has resulted in an upward adjustment of the Currency Adjustment Factor from Singapore/ Malaysia. The above Conferences, therefore, wish to announce that wtth
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  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      136 44 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCH 23. LEGEND: R Th.<nrf«t nm Temperature c Weather Wind direction with speed in knots R<Wl Wave height Cloudy Sky Surface winds are indicated by arrows which Hy with the wind One hi* circle represents calm or hght and variable winds
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