The Business Times, 26 March 1990

Total Pages: 40
1 40 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Monday March 26 1990 75*
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  • NEWS SUMMARY
    • 47 1 PHILIPPINE Planning Secretary Cayetano Paderanga said in Manila yesterday that he expects the Philippine economy to grow by at least 5 per cent this year in spite of the effects of a bloody coup attempt against President Corazon Aquino in December.
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    • 19 1 THE FORMER CHIEF of Singapore Shipping Corp is moving into the property and hotel sectors Page 2
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    • 34 1 ENTERTAINMENT promoter Michael Edgley, the Australian company which is bringing the Moscow State Circus to Singapore, is planning to make the Republic its regional base for the Pacific Rim Page 2
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    • 25 1 SINGAPORE, Asean's only newly industrialising economy, is fast shaping up as one of the Philippines' major sources of foreign investments. Page 7
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    • 23 1 THAI ARMY Commander in Chief General Chaovalit Yongchaiyudh is to hold talks with Vietnamese officials in Hanoi today Page 7
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    • 30 1 JAPAN will set guidelines to promote imports by eliminating traditional commercial practices regarded by the US as import barriers, a report said last Saturday Page 8
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    • 30 1 WEST GERMAN Chancellor Helmut Kohl has hit back at opposition critics by telling his countrymen that the price of unification will not be higher taxes Page 8
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    • 26 1 P Y VAN reviews Friday night's SSO performance with organist Nicolas Kynaston, and Wednesday night's piano recital by Antonio Sardi de Letto Page 13
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    • 27 1 REGIONAL CONTAINER Lines is boosting its shuttle service between Bangkok and Singapore with the addition of two new super-feeder ships. Shipping Times Page One
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  • MARKETS SUMMARY
    • 33 1 ACMA Electrical Industries, having sold its loss-making refrigerator and airconditioning business to OYL Industries, aims to boost its electronics business with regional acquisitions within the next six months Page 3
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    • 34 1 MALAYAN United Industries Bhd, which has interests in commercial banking and fi-nance-related services through MUI Bank Bhd and MUI Finance Bhd, is looking for a strong international banking partner Page 3
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    • 18 1 THE BUBBLE bursts as the world's largest and highestflying stock market comes tumbling down Page 4
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    • 35 1 AVON PRODUCTS, after becoming one of the biggest successes in Japan, decides to sell out. And this is only one instance of US companies cashing in on their Japanese investments PageS
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    • 34 1 THE ASSETS management arm of one of the largest investment groups in the UK is looking into expansion in the Asia-Pacific by setting up an office in Singapore Page 6
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    • Article, Illustration
      27 1 Friday Change BT-MGA 787.29 +6.47 Kuala Lumpur .3,075.56 +8.24 Hongkong 2,974.16 +25.49 Tokyo 30,372.16 +528.82 Sydney 1,567.4 +0.2 New York 2,704.28 +8.56 London 2,283.9 +25.0
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    • 23 1 Exchange rates US$ S$ 1.88 30 Yen (100) SSI.2I4I MS SS0.6905 Money market rates Overnight 5 15/16% -7/16 3-month 6 3/8% unch
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    • 29 1 Rubber S'pore April. l55.25*/kg -0.25 M'sia April... 227.50Vkg -0.50 KL Tin Turnover 149tonnes +47 Spot M$ 17.14/kg +0.13 Crude palm oil Turnover 291 lots -275 April M$700/tonne +6
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  • 518 1  -  By William Chia TWO OF Indonesia's largest business conglomerates, the Astra and the related Summa group, are planning a tie-up with Singapore's Keppel group in an effort to combine their resources and tap business opportunities in the region. Astra founder and chairman William Soeryadjaya,
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  • 445 1 Reuter POLITICAL uncertainty following last weekend's deadlocked election is likely to weaken sharply the Australian dollar, analysts and economists said yesterday. Australian Prime Minister Bob Hawke appeared yesterday to have performed a Houdini-style escape from defeat to clinch power after one of the closest
    Reuter  -  445 words
  • 391 1  -  By Jeffrey Tsang AGAINST earlier expectations, Singapore's total volume of trade continued to show strong growth in February. Latest figures from the Trade Development Board showed that total trade volume grew 19.3 per cent in February. Though lower than the phenomenal 23.7 per cent growth seen in
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  • Article, Illustration
    123 1 THE CHAIRMAN of US venture capital firm Walden International is a Malaysian with close ties to Singapore. Still in his early 30s, Tan Lip-Bu (right) has returned to this part of the world not only to make more money, but also to help local entrepreneurs go international. Pacven,
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  • 440 1  -  By Rosie Tan KEPPEL Corporation has received an out-of-court settlement for its US$l4 million (5526.32 million) suit against three members of the Austra-lian-based conglomerate, Elders Pica IXL, after more than 10 weeks of court hearings. A spokeswoman from Keppel has confirmed that the two
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  • 162 1 Reuter JAPAN will open its market for all non-experimental satellites to foreign competition in another concession to US demands, the Kyodo News Service reported yesterday. Washington has designated satellites as one of three key areas, along with forest products and supercomputers, for
    Reuter  -  162 words
  • Page 1 Advertisements
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    • 3 1 Interview, Pg 11
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    • 133 1 KSTERLINCh I HOMF. Fl IRNISHINGS I The look of success, #03/319-323 Marina Square, 6 Raffles Boulevard, Singapore 0103 Tel 338 8661 Analysis, Pg 10 IttiW LOOK. NEW SERVICE. ■Same PHILOSOPHY The beauty of JAL's new livery is more than skin deep. Look beyond it and you'll discover a new spirit
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    • 8 1 Tokyo set to remove import barriers, Pg 8
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  • HOME NEWS
    • NEWS ROUNDUP
      • 65 2 THE MALAYSIAN toll fee for using the proposed second link between Singapore and Johor is likely to be Ms 2, double the charge for travelling on the existing causeway. Malaysia's Deputy Works Minister Datuk Alex Lee also said on Saturday that he
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      • 103 2 SINGAPORE'S new concessionary tax rate of 10 per cent for multinationals which set up separate finance and treasury divisions in the republic will pose a serious threat to Hongkong as an international financial centre, says a Hongkong newspaper. The Hua Qiau Ri Bao said
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      • 82 2 NEIGHBOURHOOD schools those that serve new towns and housing estates have achieved striking improvements in their GCE 4 0' level pass rates, said Senior Minister of State (Education), Dr Tay Eng Soon. When compared with 1982, twice as many or 63.1 per cent obtained five
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      • 56 2 THE Minister for Foreign Affairs and Community Development, Mr Wong Kan Seng, called for more businesses to step forward and sponsor sculptures in public places. "Monumental works of sculpture installed outdoors are costly," he said on Saturday. 'Therefore, corporate support is critical if we are to have more
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      • 43 2 SINGAPORE has been picked by the International Air Transport Association as its Asia-Pacific regional training centre. More than 25 per cent of its training courses this year will be held here, it was reported on Saturday.
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      • 69 2 TWO SINGAPOREANS will leave for Japan in April for post-graduate studies in biotechnology under a scholarship programme set up by Ishihara Sangyo Kaisha, a leading Japanese chemical company. Mdm Ong Chye Sun will study gene expression at the Institute of Molecular and Cellular Biology at
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      • 69 2 VISA International has set up a new transaction processing centre in Yokohama, Japan, to support a fast growing volume in the Asia-Pacific. The new centre for the credit card company will handle the transactions of cardholders in 17 countries. When fully operational, the facility will handle
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    • 459 2  -  By Linda Chee FRESH out of a 20-year involvement in Singapore Shipping Corporation (SSC), Kua Phek Long is making a strong push into the property and hotel sectors. The founder and ex-chief of SSC will this year start on his first landed
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    • 323 2  -  By Sangeeta Mulchand ENTERTAINMENT promoter Michael Edgley, the Australian company which is bringing the Moscow State Circus to Singapore, is planning to make the Republic its regional base for the Pacific Rim. After studying the region over the last 16 months, the
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    • 233 2  -  By Lilian Ang SINGAPORE companies keen to penetrate markets in Europe and North America should take advantage of Northern Ireland's strategic position, using it as a gateway. Located between the two continents, the country is in the ideal position to serve as
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  • Page 2 Advertisements
    • 105 2 «Bf 31 jHH J V jJ|j^^H «#»rmHEfiii >i iib iff#fi §i.» > Bllii ■Ui fC-i^iii-.'-■ > The determination to excel, to achieve, to be the best. That's the spirit ot Korea. And the spirit ot Korean Air. Six times each week, one of our modern wide-bodied aircraft takes off on
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 385 3 Mar 19 Mar 20 Mar 21 Mar 22 Mar 23 St mga P 6 'Sol 'ttKI 'tKS "mil tRS CTIndsl 1562.86 1564.05 1572.19 1569.91 1585.42 B7 OB/OS 10 -129 -7 -11 94 -44 dt fADI 11 -5422 *5386 -5358 *5422 BT H)~dav av 11 -5378 -5379 -5380
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    • COMPANY BRIEFS
      • 87 3 THE REGENT of Kuala Lumpur expects a turnover of MSSO million for 1990, its first year of operations, and a further increase of 15 to 20 per cent in 1991, said its marketing and sales director, Mr Richard Myer. He said the hotel hopes to achieve an
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      • 120 3 LANDMARKS has turned around with a group pre-tax profit of M 53.16 million for the year ended Dec 31, 1989 against a loss of M 54.67 million previously. The earnings were before accounting for minority interest and extraordinary items and after interest on borrowings, depreciation and
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      • 102 3 CEMENT INDUSTRIES of Malaysia (Cima) reported a group pre-tax profit of M 57.86 million for the six months ended Dec 31, 1989. In the previous 12 months ended June 30 1989, group pre-tax profit totalled M 55.76 million. Cima said it changed its financial year to
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    • 155 3 KING'S HOTEL LTD made a strong turnaround in line with the booming tourist sector, showing an after-tax profit of $7.10 million for the year ended Dec 31, 1989, against a loss of $1.98 million the previous year. Turnover rose 48 per cent to $41.99 million,
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    • 156 3 Bernama IGB Corp Bhd, announcing robust growth in last year's profits, said over the weekend that it expected sustained growth in the housing and construction sector to fuel further profit gains this year. Its audited group pre-tax profit rose 67.52 per cent to M 543.86
      Bernama  -  156 words
    • 495 3 MARKET TALK MBT MALAYSIA Airlines, Malaysia's national flag carrier, is likely to undertake a rights-cum-bonus offering in 1991/92 in view of its massive financing requirements for its M55.5-billion fleet modernisation programme, says a stockbroking firm. K&N Kenanga said in its investment bulletin that
      MBT  -  495 words
    • 391 3  -  By Elaine Koh ACMA Electrical Industries, having sold its loss-making refrigerator and air-condi-tioning business to OYL Industries, aims to boost its electronics business with regional acquisitions within the next six months. These acquisitions would be around $25 million to $30 million, according to sources.
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    • 307 3 Bernama MALAYAN United Industries Bhd (MUI), which has interests in commercial banking and finance-related services through MUI Bank Bhd and MUI Finance Bhd, is looking for a strong international banking partner. Its senior executive director, Mr Khet Kok Yin, said after the company's EGM in
      Bernama  -  307 words
    • 346 3 MBT TAN CHONG Motor Holdings has turned in a set of sizzling results for the year ended Dec 31, 1989, with af-ter-tax profit rising over 200 per cent to M$ 106.68 million, against M 535.28 million previously, Group turnover was 75
      MBT  -  346 words
    • 182 3 Bernama MALAYAN United Industries Bhd (MUI) has yet to decide whether to go through with its proposed office tower project or change it to a "suite hotel", an official said in Kuala Lumpur over the weekend. MUI has proposed to set up
      Bernama  -  182 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 100 4 CHINA and Kuwait have signed a loan to fund a new airport in China's largest special economic zone of Shenzhen, according to the Ta Kung Pao last Friday. The US$2 billion loan agreement with the Kuwait Foundation was signed in Beijing last Tuesday. Kuwait
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      • 78 4 JAPAN'S top five steel companies said last Friday they will boost their investment in plant and equipment in fiscal 1990 by 30 per cent from the previous year to a total 681 billion yen (US$4.5 billion). Their plans for the year, starting April I, showed that they
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      • 106 4 OFFICE EQUIPMENT maker Ricoh of Japan is to open a research centre in Britain to improve the quality of components supplied by subcontractors, the company has announced. The centre, to be located in Telford, near the English Midlands city of Birmingham, will work with local
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      • 76 4 MITSUI Engineering and Shipbuilding Co has won a US$2OO million order for the construction of an ethylene plant in Saudi Arabia by 1992. The plant, with an annual production capacity of 500,000 tonnes of ethylene, will be built at the A 1 Jubail petrochemical complex
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      • 70 4 SAIPEM, the service company of Italian government-owned oil group ENI, has signed a joint venture agreement with India's Oil and Natural Gas Commission worth US$69 million. The job calls for installing four underwater pipelines with a total length of 180 km in the Bombay High Field
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    • 531 4 NYT "THIS has the feel," said the man from Nikko Securities, "of a bubble being burst." And so it did, as what had been the world's largest and highest-flying stock market came tumbling down. It was Japanese individual investors who had provided the last
      NYT  -  531 words
    • 273 4 Reuter TEXAS oilman and corporate raider T Boone Pickens will raise his stake in Japanese car parts maker Koito Manufacturing Co Ltd to 30 per cent from 26.4 per cent, a lawyer for Mr Pickens said. Mr Pickens is already
      Reuter  -  273 words
    • 513 4 AP SOUTHLAND CORP's plan to sell control to two Japanese companies could face strong opposition from creditors who must approve a restructuring of US$l.B billion in junk bonds and other debts, say American analysts. But the proposal by the owner
      AP  -  513 words
    • 175 4 AFP JAPANESE EMPLOYERS will soon have at their disposal the latest weapon in the productivity arsenal: smells. In what might be the most powerful anti-stress tool since "muzak", the cosmetics giant Shiseido Co Ltd is leading the development of a new and promising science based
      AFP  -  175 words
    • 101 4 AFP SOUTH KOREA'S LuckyGoldStar Business Group has announced that it has linked up with the US Bechtel Corporation and a leading Soviet heavy industry firm for various development projects in Leningrad. Lucky Development Ltd, a subsidiary of LuckyGoldStar Group, signed an agreement in Seoul last
      AFP  -  101 words
  • Page 4 Advertisements
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    • 122 4 Tokyo fall puts squeeze on banks, Page 6 SHAH ALAM BATU TIGA. Shah Alam 1.3,4 V* 5- 100 acres 3-4V2 acres Price: $10.00 psf onwards Price: $15.00 psf BATU CAVES,KL BATU CAVES,KL (With main road frontage) (Industrial estate) 23 acres 1,3-5 acres Price: $15.00 psf Price: $25.00 psf onwards BELAKONG,
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  • INTERNATIONAL COMPANY NEWS
    • 591 5 NYT FOR NEARLY two decades, Avon Products Inc was one of America's biggest success stories in Tokyo, a company that spent years tailoring its products for Japanese women and learning how to outsmart 3 distribution system that has defeated many foreign companies. It paid
      NYT  -  591 words
    • 146 5 AFP ."FRENCH soft drinks and mineral water producer Perrier may sell its soft drinks business to British confectionery and soft drinks group Cadbury Schweppes, Perrier executives said. French business weekly Le [Nouvel Economiste reported last Friday that the two companies had already signed a
      AFP  -  146 words
    • 378 5 Reuter RTZ CORP pic, the world's biggest mining group, saw its net attributable profit rise by 38 per cent to £588 million (US$94l million) last year, giving it a platform for a major expansion. The British-based multinational, which last year bought British Petroleum
      Reuter  -  378 words
    • 125 5 NYT AFTER 25 years with Newsweek, Howard W Smith announced plans last Thursday to retire as the magazine's worldwide publisher at the end of the year. Peter W Eldredge is to join Newsweek on April 2 as publisher of the US edition. Eldredge, 45, is
      NYT  -  125 words
    • 63 5 NEW YORK Mar 23 lndk«S Clo»e Previous Nd Chaage Dow Jones 2704.28 2,695.72 +8.36 NYSE Composite unav 184.70 Standard A Poor s 500 337.22 335.69 +1.53 Turnover (million) 132.00 175.93 -43.93 LONDON Financial Times 30 1,795.1 1,779.1 +16 FTSE 100 2,283.9 2,258.9 +25 Turnover (million) 440.5 497.80
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    • COMPANY BRIEFS
      • 123 5 SWISS food group Nestle on Friday posted net consolidated profit of 2.412 billion Swiss francs (US$l,6OB billion) for last year, 17.2 per cent up from 1988. Profit per share was 656 Swiss francs, a 13.3 per cent increase. Nestle is to pay a dividend of 200 francs
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      • 89 5 BRITISH merchant bank Morgan Grenfell, acquired by Deutsche Bank last year, said last Thursday its taxable profit rose 57 per cent in 1989 over the 1988 level to £54.3 million (US$9O.5 million). The result was a distinct improvement over 1988's unusually poor performance and reflected
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      • 62 5 THE supervisory boards of Finland's Rauma-Repola Oy and United Paper Mills Ltd have recommended a plan to merge the two companies into a single industrial group. The companies said in a statement that approval for the merger plan, announced on March 6, will be sought at a
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      • 75 5 THE New York investment firm of Goldman, Sachs Co has purchased 6.5 per cent of the preferred stock of Avon Products Inc. In a filing with the Securities and Exchange Commission, Goldman, Sachs said it had purchased the shares as an investment. It said that between Dec
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  • Page 5 Advertisements
    • 95 5 "AFTER THE CONFERENCE, I DECIDED TO EXTEND MY STAY IN LONDON AND LOOK UP SOME OLD FRIENDS. I WAS CONFIDENT, KNOWING THE WORLD CARD WAS IN MY HAND." So naturally, some whom there was Hjk ha ve A with It even took care of my I to the to extend
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 104 6 FEDERAL Reserve Board nominee David Mullins said the current value of the dollar reflects fundamental economic conditions and it would be a mistake for the Fed to try to manage the dollar. Mr Mullins said that in general it is not wise
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      • 74 6 A MEMBER of the West German central bank's governing body has warned that monetary union with East Germany this summer involved immeasurable risks. Monetary union would not bring a marked improvement in East Germans' standard of living, and efforts should be made to strengthen the
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      • 66 6 A spokesman for the Bundesbank said the West German central bank was not permitted to finance government spending He was commenting on a suggestion from government sources in Bonn that the central bank might grant a credit to help East Germany cope with the effects of
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      • 68 6 NIGERIA'S naira currency has regained stable against the dollar for the past two weeks, raising speculation the floating currency of this oil-rich nation at last has found its level. The naira has held at 7.9400 to the dollar on foreign exchange markets for the first time in
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      • 34 6 GOVERNMENT negotiators and banking officials are working out a new long-term solution to Ecuador s US$6.5 billion debt with commercial banks, Monetary Board Chairman Abelardo Pachano said on Saturday.
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      • 2 6 Dollar$ Non$en$e
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    • 445 6  -  By Dexter Lee INTERNATIONAL FUND manager City Merchants Investment Management is considering setting up an office in Singapore as part of its expansion plans in the Asia-Pacific. City Merchants is a pri-vate-client assets management arm of Invesco MIM, one of the largest listed investment groups in
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    • 359 6 Reuter THE PLUNGE in Tokyo stock prices this year is threatening to force assetbloated Japanese banks onto a crash lending diet to accommodate tight capital adequacy limits, analysts in Tokyo said last Friday. "It depends on how much farther the market falls. It's certainly
      Reuter  -  359 words
    • 368 6 Bernama PERSISTENT intervention by Bank Negara in the foreign currency market during the week helped the ringgit reverse its decline against the US dollar at the close of the week. But the Malaysian currency still closed lower, shedding about 195 points against the greenback
      Bernama  -  368 words
    • 338 6 Reuter US TREASURY Secretary Nicholas Brady said failure by the United States to join a proposed European Development Bank could send the, wrong signals to East European countries struggling to re-' form their economies. He told a Senate Appro-, priations subcommittee on Thursday:
      Reuter  -  338 words
    • 269 6 Bernama THE EMPLOYEES Provident Fund (EPF), the largest social security institution in Malaysia, received a total income of M 52.65 billion in 1988, with income from investments accounting for M 52.62 billion, its chairman, Tan Sri Datuk Zain Azraai bin Zainal Abidin, said. He
      Bernama  -  269 words
    • 187 6 MALAYSIA will pre-pay its foreign loans as and when it is worth its while to do so, says the secretary-general to the Treasury. Tan Sri Zain Azraai. He said Malaysia could not just pre-pay its loans because some loans carried conditions prohibiting pre-paymcnts while
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    • 105 6 This announcement appears as a matter of record only PANtN BANK PAN INDONESIA BANK LTD. THE FIRST MERGER AND PUBLIC BANK IN INDONESIA U5520,000,000 REVOLVING CREDIT FACILITY Arranged By ASEAN FINANCE CORPORATION LIMITED Participating Banks Australia and New Zealand Banking Group Ltd, Singapore Branch Bank Brussels Lambert, Singapore Branch Banque
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  • THE REGION
    • 417 7  -  From Al 0 Labita Jr in MANILA SINGAPORE, Asean's only newly industrialising economy, is fast shaping up as one of the Philippines' major sources of foreign equity investments. Official figures show that last year, the Republic's equity infusion as approved
      417 words
    • 43 7 Rumpled hair is a small price to pay for Philippine President Cory Aquino, who is seen trying on an army metal helmet at the Fort Bonifacio army headquarters during the recent celebrations of the 93rd anniversary of the Philippine Army.
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    • 334 7 Bernama THE CLAIM by Spirit of '46 deputy president Datuk Rais Yatim that a Malaysian government gazette purportedly to dissolve Parliament has been withdrawn is totally without basis, says a source in the Attorney-General's Chambers in Kuala Lumpur. The gazette dated
      Bernama  -  334 words
    • 121 7 Reuter THE US may give the Philippines some of its surplus military hardware to make up for reduced financial aid, says a US State Department official. The two countries open exploratory talks on the future of US military bases in Manila in mid-April. The
      Reuter  -  121 words
    • 246 7 AFP THAI ARMY Commander in Chief General Chaovalit Yongchaiyudh is to meet Vietnamese officials in Hanoi today to discuss the war in Cambodia and business contacts. Vietnamese officials in Hanoi said last Saturday that Gen Chaovalit, the first Thai military officer of
      AFP  -  246 words
    • NOTE BOOK
      • 91 7 Bernama MALAYSIAN Deputy Trade and Industry Minister Datuk Kok Wee Kiat has suggested that a national quality policy be formulated to involve all levels of society to help build a solid foundation of quality work. Speaking after opening a conference in Petaling Jaya
        Bernama  -  91 words
      • 68 7 Bernama TRENGGANU has great potential in attracting Japanese investors, particularly in the tourism sector, says the Japanese ambassador to Malaysia. Speaking after attending a briefing on the development of the state in Kuala Trengganu last Saturday, Mr Noboru Nakahira said that Japanese entrepreneurs should be given in-depth information
        Bernama  -  68 words
      • 65 7 AFP MALAYSIA'S armed forces chief, General Tan Sri Hashim Bin Mohamed Ali, left Rangoon last Saturday for home after a three-day official visit to Burma. The official Rangoon Radio said the general and his delegation held talks with Burmese military leader Saw Maung and other
        AFP  -  65 words
      • 68 7 Bernama A SENSE of discipline and professionalism will enable the police force to discharge its responsibilities effectively, Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad has said. In a message marking the 183 rd anniversary of the <• country's police force, he said the police
        Bernama  -  68 words
      • 117 7 AFP A PEASANT and father of five has won a fortune of one billion rupiah (U*****,000) in the Indonesian national lottery, but is complaining of a surge in newly-found friends. Press reports in Jakarta last Saturday said that Suraji, 48, received his prize minus 200 million
        AFP  -  117 words
      • 77 7 AFP CAMBODIAN RESISTANCE FACTION leader Son Sann has blamed both the Khmer Rouge and the Vietnam-installed Phnom Penh government for failure to arrive at a settlement to the 11-year-old Cambodian conflict. Obstacles to a settlement "were all caused by the other two communist parties which have
        AFP  -  77 words
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  • THE WORLD
    • WORLD WATCH
      • 62 8 AFP SHENZHEN, China's main special economic zone, is to set up an office in Hongkong to attract more investors from the British colony. The new investment promotion centre would assist investors in all procedures, including obtaining commercial licences, said sources close to
        AFP  -  62 words
      • 68 8 AFP MAJOR BANGLADESHI opposition parties have reiterated their call for the resignation of President Hussain Mohammad Ershad, alleging his eight-year rule had destroyed democratic institutions and the economy. They also alleged last Saturday that the current 12-day nationwide local council elections were widely rigged and only
        AFP  -  68 words
      • 105 8 AP THE HEAD of the Latvian People's Front says the first act of the new Latvian Parliament will be a vote on independence. Dainis Ivans, president of the Latvian People s Front, said in Vilnius last Saturday that the move could come within six weeks, provided
        AP  -  105 words
      • 96 8 AFP SRI LANKAN President Ranasinghe Premadasa has thanked India for pulling its troops out of north-eastern Sri Lanka and said that their deployment in the island three years ago was the result of "short-sightedness". Speaking in Colombo ast Saturday, he described the pullout earlier in the
        AFP  -  96 words
      • 69 8 AFP IN A NEW BOOK, former US president Richard Nixon denies that he ordered the "Watergate" break-in of Democratic Party headquarters in 1972 that led to his resignation in disgrace in 1974 near the end of his second term. He also denies that he ordered widespread
        AFP  -  69 words
      • 109 8 Reuter FRENCH Finance Minister Pierre Beregovoy left for Moscow yesterday to try to carve out a share for France of the lucrative market that could open up if Soviet President Mikhail Gorbachev succeeds in pushing through his programme of radical economic reforms. French officials in
        Reuter  -  109 words
    • 458 8 Reuter JAPAN is to set guidelines to promote imports by eliminating traditional commercial practices regarded by the US as import barriers. An official advisory panel to International Trade and Industry Minister Kabun Muto would work out the guidelines, a report by Jiji Press last
      Reuter  -  458 words
    • 40 8 The Romanian army raised another iron curtain during the ethnic violence in Transylvania when tanks and armed troops were called to separate ethnic Hungarians (top of picture) from Romanians in the Tirgu Mures town centre.
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    • 223 8 Reuter DELEGATES from China's coastal province of Fujian have pressed the authorities in Beijing to ease their austerity policy and boost flagging trade with Taiwan, according to official reports last Saturday. Trade between China and Taiwan leaped by almost a third to US$3.5 billion in
      Reuter  -  223 words
    • 318 8 Reuter WEST GERMAN Chancellor Helmut Kohl has hit back at opposition critics by telling his countrymen that the price of unification will not be higher taxes. He also sought to reassure Nato allies that a single German state would remain in the Western
      Reuter  -  318 words
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  • ANALYSIS
    • 433 10  -  Florence Chong in Sydney looks at the still-inconclusive Aussie election outcome and its implications Florence Chong 808 HAWKE, 60, is now poised to enter a historic fourth term in office to become Australia's sec-ond-longest serving prime minister. But many pundits believe that this will definitely
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    • 842 10 AUSTRALIA has entered something of a political "limboland" when its 9.5 million voters failed to decide over the weekend which party they want to govern the country for the next three years. Although it is almost certain that the Labor Party will clinch the last
      842 words
    • 836 10 THE FATE of the high-technology city of the future, also known as a Multi-Functions Polis (MFP), in Australia is now in doubt, following the controversy which erupted during the campaign for last week's election. Federal Opposition leader Andrew Peacock touched on a
      836 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
    • 52 10 Doonesbury by garry trudeau \io/in6ly crafted by an anpzan mm te languished, unsold\ then, one my. ■an exquisitely carvep poll, I campesino, he mas first pla&p l for n yzars. nobopy, it I pwrosujck I FAIRLY 6UST3NINO IN HIS MUOI'M IN A LOCAL SOUVENIR SHOP IN 1773. SE&AED, WANTED AN
      52 words

  • FOCUS
    • 1213 11  -  He could have been a nuclear engineer, but Three Man Island made him drop the idea. Chuang Peck Ming profiles a dynamic venture capitalist with his eye on the region ENTERPRISE MANAGEMENT EDltO BY CHUANG PECK MING Chuang Peck Ming TAN LIP-BU is the name
      1,213 words
    • 609 11  -  SPOTUGHT ON MANAGEMENT By Yeo Jeu Nam The writer is a senior consulting manager at Ernst Young Consitltants Pie Ltd. ALL WORK and no play makes Jack a dull boy. In our present competitive environment, it is more appropriate to say: "More work and
      609 words
  • Page 11 Advertisements
    • 183 11 I r H Every day you make financial decisions that affect your company's future. To get ahead, you need accurate information as fast as possible: you need Hexagon, Hongkongßanks global electronic financial service system. Hexagon gives you direct access to FOREX information, lending and deposit rates, stock market information, and
      183 words

  • SPORTS
    • SIDE LINES
      • 65 12 AFP DUTCH biker Hans Spaan zoomed to victory in the opening I2scc event of the World Motorcycling Championship, the Japanese Grand Prix at Suzuka, yesterday. The 31-year-old, second overall in the category last year, covered the 16 laps on the 5.86-kilometre
        AFP  -  65 words
      • 104 12 AFP ITALIAN Luca Cadalora, riding a Yamaha, won the 250 cc race in the opening round yesterday of the World Motorcycling Championship at Suzuka. Riding a Honda, Carlos Cardus of Spain came in second, followed by Wilco Zeelenberg, on a Honda. Meanwhile, American Wayne Rainey,
        AFP  -  104 words
      • 82 12 AP NEAL BROTEN scored three goals and his brother, Aaron, had two as the Minnesota North Stars built a 6-2 lead in the second period and held on for a 7-6 victory over the Boston Bruins on Saturday. The loss was the seventh in 10
        AP  -  82 words
      • 88 12 AP PATRICK EWING scored a career-high 51 points but the Boston Celtics outscored New York 22-4 during the seven minutes he was out of the basketball game and defeated the Knicks 115-110 on Saturday night for their fifth consecutive victory. Reggie Lewis scored 31 points for
        AP  -  88 words
      • 71 12 Reuter ARGENTINA'S Juan Martin Coggi scored a comfortable points victory against veteran Mexican Jose Luis Ramirez in Ajaccio on Saturday to retain his World Boxing Association (WBA) junior welterweight boxing title in Ajaccio, Corsica. Coggi, in his fourth defence since winning the title in 1987, looked much
        Reuter  -  71 words
      • 55 12 AFP WORLD heavyweight champion James "Buster" Douglas has offered to meet promoter Don King in private to try to resolve their differences. "We're going to do that," Douglas said at a rowdy press conference on Saturday in Columbus, Ohio. "But not in public. I don't
        AFP  -  55 words
      • 103 12 AFP THE great John Ngugi's four-year domination of the world cross country championships was ended by a new Moroccan long distance find in Aix-les-Bains, France, on Saturday. Unknown Khalid Skah, 23, produced a stunning sprint finish to give Morocco their first ever men's cross country
        AFP  -  103 words
      • 61 12 AP PATRIK BODEN of Karlstadt, Sweden, set an unofficial world javelin record on Saturday with a throw of 89.070 metres, athletic officials said in Austin, Texas. "I felt it was going to be the best throw in my life when the javelin went up," said the 22-year-old
        AP  -  61 words
    • 503 12 AP MONICA SELES made it look easy, partly because it was. The 16-year-old Yugoslavian, capitalising on upsets that eliminated the other favourites, won her second tournament title on Saturday by beating Judith Wiesner 6-1, 6-2 in the finals of the International Players Championships in Key
      AP  -  503 words
    • 350 12 AP HOMETOWN favourite Ayrton Senna of Brazil on Saturday won the pole position for yesterday's Brazilian Formula 1 Grand Prix car race, the second of the season. Senna, the current leader, set an unofficial track record of 1 min, 17.277 sees in a
      AP  -  350 words
    • 128 12 AFP McLAREN Formtla One chief Ron Dennis sparked off the war with Ferrari again on Saturday by accusing the Italian team of poaching his top engineer. In a news conference reserved for the Italian press just before the Brazilian Grand Prix, Dennis said Ferrari
      AFP  -  128 words
    • 371 12 AP SCOTT Hoch double-bo-geyed the 17th hole to drop into a tie with Greg Norman and Curtis Strange for the lead after Saturday's third round of the Nestle Invitational in Orlando, Florida. Hoch, who led by a stroke at the start
      AP  -  371 words
  • Page 12 Advertisements
    • 222 12 WHERE ELSE COULD YOU MEET 7 KEY PROSPECTS INI MINUTE? It's true! Over the four A concurrent technical business-packed days of the last conference, "Electronics and Internepcon/Semiconductor Asia/ Semiconductor Production Pacific and Asia-Electronics Packaging Conference", focusing exhibitions in 198S, exhibiting on new technological developments companies met 14,885 qualified trade and
      222 words
    • 128 12 1 Yes! I want to increase my company's market share in four days! Please send immediately: Information on Exhibiting at: Internepcon/Semiconductor Asia /Pacifc '90 I Q Asia-Electronics '90 I Details on the Call-For-Papers at the Technical Conference. I/My principal might be interested in presenting a paper. I NAME: TITLE: I
      128 words

  • THE ARTS 1
    • 947 13  -  Joan of Arc, the maid of Orleans, has always posed a problem for composers of operas, as was the case for Tchaikovsky. Donal Henahan seeks to unravel her musical mystery Donal Henahan NYT WHAT IS IT about Joan of Arc that frustrates the efforts of
      NYT  -  947 words
    • 508 13  -  P Y Van reviews Friday night's SSO performance with organist Nicolas Kynaston, and Wednesday night's piano recital by Antonio Sardi de Letto P Y Van The rascally tui Eulenspiegel had a boisterous romp in the Victoria Concert Hall on Friday night when the Singapore Symphony
      508 words
    • 310 13 PAGANINI, that legendary wizard of the violin, held court in Singapore ISO years after his death at the La Salle College. Last Wednesday, young Italian pianist Antonio Sardi de Letto performed Brahms' Variations on a theme by Paganini Op 35, Dallapiccola's Sonatina Canonica in
      310 words
    • 429 15  -  Sports and horses are the inspiration behind Dutch painter Jan van Diemen's latest exhibition, to be held at The Oriental Singapore. Charles Savage reports. Charles Savage DUTCH painter Jan van Diemen's works may look as if they were all painted on one lazy afternoon. But
      429 words
    • 965 15  -  Feminist critics contend that the plays of William Shakespeare can be seen primarily as crucibles of sexual identity and conflict. However, an established male scholar has opened fire on this view. Richard Bernstein presents both sides of the argument Richard Bernstein NYT IN ONE
      NYT  -  965 words
  • Page 13 Advertisements
    • 64 13 T9&> We'd like to point out that on every one of the three daily flights to Bangkok you can e^ecUjJnruhrfJjospitaU^^ I I I BANGKOK THREE TIMES DAILY. I jj((H I For further information, contact your travel agent or Thai Airways International Ltd Ml Cecl Street. .111 02 #08.01 Keck Sens
      64 words

  • Page 14 Advertisements
    • 712 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... PLEASINGLY HYATT Discover the world of sensational Singaporean dishes in a buffet. Taste Singapore favourites and international specialities at Plum's, on Fridays and Saturdays. Dinner buffet only. Price: $22* ■MHMIIIIiIHMIN PLUM'S lllllllllllllllllllll! 'Plus 10%
      712 words
    • 282 14 I FREN C H J y'ccec-tyC B The accent is on France this month at the famed Belvedere Lunch Buffet. 67 tonguetwisting and mouth-watering French specialities await you at our tables. Come and savour. In French Buffet Lunch 88 Mar 1-31. Noon 2.30pm Adult: $36++, Child below 10: $18++ S
      282 words
  • Page 14 Miscellaneous
    • 744 14 TELEVISION AND RADIO rp 1 1 1 SBCI2 On Location Licence to I Jit US ESS®*" I BUSINESS ON RADIO l aming <3. CIIVOrCGCI SOI"0W 730 P* Sportsc...- Ull.male brtind-rtLSSS 6M Rwo'/alNwlM) BBC, 89.9 mHI in VHF B»«dll Yacht Race, 1989 (See Our to take a look at the making
      744 words

  • Page 15 Advertisements
    • 277 15 AND ENTERTAIN Set Your Heart On Our Set Meals. The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday, except Saturdays, we offer a Western and a local style set lunch and dinner. And unlike other restaurants, ours is a different menu each
      277 words
    • 242 15 If you're looking for a superb lunch in a quiet, pleasant ambience, come for our Business Banquet. Begin with our appetizer buffet that includes fresh oysters, salmon and pate. Then choose from 4 main courses daily, with U.S. Beef Tenderloin and Prawns with Crab Meat among others. Round off a
      242 words
    • 331 15 W W] TRADITIONAL CANTONESE 3. nMI CUISINE H BEST HONG KONG r DIAN XIN IN TOWN CHINA CHWA RESTAURANT 1 Marina Bay Golf ir Country Club k V M 9 6MawnaGreen Singaporeolol. for Reservations Please Call *****11. mm v I TIEN GOURT If tg SICHUAN CUISINE R For a Wealth
      331 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4803 16  -  By Lim Mui Khi INVESTORS seem to have stopped getting cold feet every time the Tokyo market plunges. At least, that is the conclusion if last week's performance on the Singapore market is anything to go by. Share prices bore up well although trading
      4,803 words

  • STOCK EXCHANGE OF SINGAPORE 2
    • 3811 17  -  By Lim Mui KHi PRICES ON Clob International, the over-the-counter market, closed lower last week, with turnover again falling below that of the main board. Tokyo's falls served only to dampen sentiment further, analysts said. With Malaysian brokers still having difficulties in clearing their backlog
      3,811 words
  • 782 17 Company Expiry/ C oupon emersion period Intern! C onversion term for one ordinary maturity payable 'hare date C—iniy Lmw 1994 6 Dec 31 Cimql 1994 Oct 2. 1989 to Oct 20. 1994 I warrant plus SI cash or 1 warrant plus SI nominal amount
    782 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3482 18 MBT SHARE PRICES on the Kuala Lumpur stock market drifted within a narrow range last week to close marginally firmer, with developments on the Tokyo stock market having a strong bearing on trading. Brokers had said that technically and fundamentally, the market was poised for an
      MBT  -  3,482 words
  • BT SHARE INFORMATION SERVICE
    • 570 18 Singapore Stocks La** Full Yoar Company Penod Date Year Net EPS Gross Net amnnced endhf (cenb) d* pro# last year ($*000) BMT Interim ian 27 Jun 90 1696 100.0 516 lutan Final Feb 28 Nov 89 391 10.0 11.728 Tom I Oy Final Mar 3 Dec 89 1.7371
      570 words
    • 727 18 Current Ex Books Date Total lor Total lor payment date doM payable Hm year last yar htm Find USlOC(b) Mar 7 Mar 19 Mar 26 US10C Avfcno 151TE Fab 28 Mar 12 May 15 25*TE 25*Tl BAT 90 9*(n) Apr 6 Apr 19 May 3 *****(a) 72% Butaad
      727 words
    • 204 18  -  Cowplkd by J JULIANA TAY Week ended Mar 23 Compiled by JULIANA TAY AUDITED RESULTS Own pan? Yaar to Group Mat Mot oaraiNgt Gross profit/loss (L) par sharo divMand COOO) (canto) BAT Dec 89 522.398(112.002) 24 9(13.3) 122.7c (72) PRELIMINARY RESULTS Caaipaiiy Ytar to Group pro-tax Nat timings
      204 words
    • 352 18 I -————i——' Company Rights Issue Apolo One tor one ft $185 per share a wt|> tout of 27m ban stocks m the rabo of S3 loan stock lor every foe ordmary shares held F ACS One tor-one ft MSO 60 per share Fater Merfc Onetorone ft MS025 per
      352 words
    • 225 18 The Cold Storage (roup has been given a site in Yishun New Town for J42m, and will spend another J4om to make its development one of the most expensive and modern commercial buildings in HOB estates. Far East Levngston Shipyard recently bought Marathon LeTourneau rig components tor about
      225 words

  • MARKET REVIEWS
    • 1135 19 DBS Securities SHARE PRICES rose significantly during the past week in active trading despite drops in overseas markets, with the barometer Hang Seng Index rising 87.7 points to close at 2,974.16 on Friday. Average daily turnover rose to HKSI.2S billion against the previous week's
      DBS Securities  -  1,135 words
    • 217 19 AFP THE Jakarta Stock Exchange (JSE) advanced in steady trading last week, buoyed by rumours that the government would allow foreign investors to buy shares in Indonesian banks. The JSE index closed at 591.849, just off its high for the week and up 1.7 per
      AFP  -  217 words
    • 210 19 AFP BULLS went crazy on the Indian stock market last week on feelings that the government of Viswanath Pratap Singh may not be so bad for industry after all. Investors on a buying spree pushed the Bombay Stock Exchange (BSE) sensitivity
      AFP  -  210 words
    • 620 19 AFP SHARE PRICES plunged 6.9 per cent in extremely volatile trading on the Tokyo Stock Exchange last week, with the Nikkei Stock Average ending on Friday at 30,372.16 yen for a whopping 2,244.28-yen weekly setback. The benchmark index had fallen
      AFP  -  620 words
    • 543 19 tdcur VftBIt WHW IV/fllV AP AFP WALL STREETS latest bull market may soon be driven away, at least for a while. After a vigorous run-up recently, the market rally stalled on Tuesday as traders fretted about corporate earnings at home and interest rates in
      AP; AFP  -  543 words
    • 273 19 AFP AUSTRALIAN share markets followed the lead of overseas exchanges and fell last week, with investors playing wait-and-see until after last Saturday's general elections, brokers said. The main market indicator, the All Ordinaries Index, shed 17.1 points during the week to finish at at 1567.4.
      AFP  -  273 words
    • 825 19  -  LONDON By Ray Heath ANYONE who thought that Mr John Major, the mild mannered, bespectacled successor to Nigel (The Hulk) Lawson, was going to pop into a convenient telephone booth, emerge as Super Chancellor, and (kapow!) flatten the inflation monster which threatens his
      825 words

  • WORLD STOCK MARKETS
    • Tokyo rebound brings some relief to Wall Street
      • Article, Illustration
        904 20 A REBOUND in Tokyo equity prices helped bolster Wall Street's sagging confidence last Friday, but nervousness in US bond and currency markets held a blue chip advance in check. Share prices closed with modest gains in a sluggish session, but ended lower for the week. The Dow Jones
        904 words
      • Article, Illustration
        913 20 SHARES in London ended on a high note on Friday on relief that a week with so many potential pitfalls had passed with relatively little damage done. "We've had a budget, trade figures and a by-election and the market's still gained on the week. That shows the market had
        913 words
      • 79 20 WEST GERMAN shares closed firmer in low volume trade last Friday, almost reversing the one per cent loss recorded in Thursday's trading session. Dealers predicted that prices would continue to edge higher next week, providing the market was not depressed by any unexpected bad news. The caution in Friday's
        79 words
      • 176 20 DUTCH share prices closed higher in a thin market on the back of favourable interest rate developments last Friday. Money market rates declined over the past few days, with one year funds trading below 9 per cent on Friday, while on the bond market prices gained 35 cents on
        176 words
      • 122 20 FRENCH share prices closed higher last Friday, continuing an upward path from Thursday when the bourse account ended, but volume fell back to recent weak levels after Thursday's spurt. The CAC--40 index rose 23.29 points to 1,937.40, a gain of 1.22 per cent. The broader CAC General Index finished
        122 words
      • 242 20 SWISS shares closed off lows in slow trading on Friday after selected buying emerged at the lower levels reached at midday. Wall Street's recovery also helped sentiment. The all-share SPI index fell 6.1 points to 1,078.4 and the SMI index of leading bearers was down 8.8 points to finish
        242 words
      • 440 20 Other markets in Europe, South Africa and Canada Amsterdam Mar 23 Fb ABN 40.10 unch Acgon 107.70 -0.3 Ahold 126.50 +1.5 Akzo 129.00 unch Alrcnta 152.50 unch AMEV 56.70 -0.2 AMRO 79.10 +0.4 Ass. Slad 46.60 +0.1 BOLS 166.50 -0.5 Borsumy 73.70 +0.2 Buehrman Tetterode.... 60.00 +0.6 CSM 80.00 -I
        440 words
  • Page 20 Advertisements
    • 109 20 FOR IMPORTERS AND EXPORTERS. < —-—> SHIPPING TIMES covers all aspects of local and international shipping (except, of h^y course, the really technical aspects). yY The emphasis is on news that is likely to affect the Business Times reader. j 1 Covering the latest trends in the shipping markets, we
      109 words
    • 2 20 MARCH 1990
      2 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 320 21 FOREX WEEKLY ROUND-UP THE DOLLAR broke through the 155 yen barrier on Wednesday in Tokyo but its rise was stemmed by heavy Bank of Japan (BOJ) selling and news that the US Federal Reserve might have sold in Singapore. The last time the
      Source: Telerate  -  320 words
    • 528 21 ASIAN CURRENCIES THE dollar continued its rise against most Asian currencies last week, with only the Philippine peso and Taiwan dollar strengthened as the result of government intervention. The yen plunged again despite intervention from the BOJ to close at 155.45, down from 152.50
      528 words
    • 394 21 Cross rates Mar 24 USS SS MS Dm Yen SFr AS NZS USS 1.8800 2.7225 1.7118 154.26 0.6244 1.5130 1.3387 1.7283 SS 0.5319 ***** 0.9105 0.8205 0.3321 0.8048 0.7121 0.9193 MS 0.3673 69.05 0.6288 0.5666 0.2294 0.5557 0.4917 0.6348 Dm 0.5842 1.0983 1.5904 90.12 0.3648 0.8839 0.7820
      394 words
    • 553 21 Interbank rates SS Bid Offer Overnight 5 15/16 6 1/16 1-month 6 5/16 6 7/16 2-month 6 3/8 6 1/2 3-monmth 6 3/8 6 1/2 Overnight mode: 6-7/16 USS High Ixm 7 days 8 7/16 8 3/16 1 month 8 3/8 8 5/16 2 months 8 7/16 8
      553 words
    • 618 21  -  With the election out of the way, lan Little, chief economist of the Australia and New Zealand Banking Group, examines other factors that could pull down the As. Ian Little MANY Euro-A$ securities issued in 1986-88 are now falling due. Payments of principal and
      Source: Telerate  -  618 words
    • 244 21 GOLD FINANCIAL FUTURES REPORT Source: Sin Huai Bullion TWO CUMULATIVE waves of selling wiped off US$ 10.50 per troy oz from gold's spot value last week. The first wave started at Monday's high of U*****.80/403.30 and comprised mainly of technical selling which gathered strength
      Source: Sin Huai Bullion  -  244 words
    • 312 21 Mar 23 DCUTSCMEMARK Open High Low Sett Vol Op/lnt Jun 90 0.5856 0.5877 0.5835 0.5840 ***** ***** Sep 90 0.5852 0 5870 0 5830 0.5836 EURODOLLAR Open High Low Sett Vol Op/lnt J un 90 91.35 91.40 91.32 91.35 *****8 *****0 Sep 90 91.25 91 30 91.22 91.24
      312 words
    • 493 21 BANKS ABN Bank 7V« Mlied Irish Bank PLC 7'/« American Express Bank 7V« \m'Dam R'terdam Bank 6% Arab Banking Corp 7">6 Arab Bank Ltd 6V1 Asia Commercial 6V1 ANZ Banking Group 7Vi Ban Hin Lee Bank 7 Banca Commcrciale Vt* Banco do Brasil 7 Bangkok Bank 7V«
      493 words

  • COMMODITIES
    • 239 22 Bernama TROPICAL timber producing countries in the Asia-Pa-cific should develop the downstream activities of their timber industry to meet their socio-economic development needs, says Primary Industries Minister Datuk Seri Dr Lim Keng Yaik. Speaking at the launch of the inaugural meeting of the Asia-Pacific
      Bernama  -  239 words
    • 132 22 Bernama A NEW collective agreement has been prepared for the 200,000 estate workers of companies owned by members of the Malayan Agricultural Producers Association (Mapa). The new agreement will provide higher wages and better benefits to the workers, say sources in Kuala Lumpur. Mapa
      Bernama  -  132 words
    • 294 22 THE Kuala Lumpur tin market closed unchanged last week despite persistent overseas buying demand in late trade. The price of the metal held steady at M 517.14 per kg while total turnover advanced by 566 tonnes against 389 tonnes last week. The market
      294 words
    • 864 22 WEEKLY ROUND-UP AFP THE COFFEE, cocoa, sugar and soya markets were plunged into uncertainty last week by austerity measures announced by new Brazilian president Fernando Collor de Mello aimed at curbing inflation. Fears of a wave of selling by Brazilian planters looking to get
      AFP  -  864 words
  • 1199 22 Rubber MS (fcb In fcatw) S cents/kg Int I RSS April Close Mar 19 157.00 Mar 20 157.25 Mar 21 157.25 Mar 22 >55.50 Mar 23 155.25 MRELB (lob In M ccnts/kg Int I RSS April Close Mar 19 226.50 Mar 20 229.00 Mar 21 229.50 Mar 22 228.00
    1,199 words
  • Page 22 Advertisements
    • 411 22 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50, ANO IN THE MATTER OF FREEMAN FOX CONSULTANTS PTE LTD (In Member* Voluntary Winding Up) At an Extraordinary General Meeting of the members of Freeman Fox Consultants Pte Ltd convened and held at 6 Battery Road. #27-01 Standard Chartered Bank
      411 words
    • 434 22 OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME We, Acmes Bunkering Services Pte Ltd of 80 Marine Parade Road, #09-05 Parkway Parade, Singapore 1544 hereby give notice that In consequence of our Intended purchase of the vessel MT FUKUHO, we have applied to the Registrar of Singapore Ships, under Section
      434 words
    • 9 22 Managers must manage. BT shows you how ovory Monday.
      9 words
    • 15 22 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words

  • THE TRAVEL PAGE
    • 613 23 Ctty Flight ETA Flight ETD I QF81 1840 RJ182 1445 RJ183 2320 Auckland Bahrahi BMteM 6(421 1100 ff+t—«« BI422 1205 6)429 2030 BI430 2125 BMCkok OF62 1135 TG402 0830 CI664 0840 RA408 0905 TG406 1525 CI663 2020 QF71 2110 TG401 2225 »!■>■> AI404 1715 gr*T k
      613 words
    • 612 23  -  POSTCARD FROM MOROCCO By Jonathan Clayton JUST CALL ME Charlie Brown," said the young Moroccan in a near-perfect cockney whine. "That's my mate, Mohamed Couscous," he grinned, gesturing towards the tall, lanky youth at his side. Eliciting no response, he quickly switched to a Texanstyle drawl.
      612 words
    • 153 23 As at 3pm yesterday: IxKal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3990 1.4190 Canadian dollar 1.5830 1.6030 NZ dollar ***** I.I 100 Sterling pound 2.9950 3.0250 US dollar 1.8780 1.8880 I>ocal dollars to 100 units of foreign currency Austrian schilling 15.20
      153 words
    • 69 23 Duration Title Venue Oryniaer Td Duration Title Venue Organiser Td Mar 25-28 International Munich Mode-Woche- (49)89/*****0 Apr 4-7 Light Industries Salzburg. Contact (43)*****5510 Fashion Fair Munchen GmbH F«r Austria Fachmessen Mar 31- International Ban, Fiera Dd (39)80/*****1 Apr 8 Fair for Leisure, Italy Levante Apr 4-8 Housing
      69 words
  • Page 23 Advertisements
    • 76 23 "W T r T Tht husmc person's 'ho*' Tuesday, I f I|\ II \m \l\ I Thursday, Saturday and Sundav. Leaving I I ll\ I I II 1I I Changi Airport at 21:55 hour* and arriving at IjYJf lAI Heathrow early the following morning. Call your travel agent or An
      76 words
    • 491 23 f\ n r ri f-LfLffiM-fl |ak uncorpofOTta in I AUDITED RESULTS FOR THE YEAR ENDED I 31 DECEMBER 1989 I Th© Directors are pleased fo announce the audited results of the Bonk and the Group for the year ended 31 December 1989 as follows:I THE BANK THE OROUP I fHI
      491 words
  • Page 23 Miscellaneous
    • 290 23 across pi mi Bring in a worker carrying great weight (9) knr vm| 8 Solicitors who married one _JH^H another's sisters? (8-2-3) I I 11 Dockside farewell anticipating to come? H| 12 Bet he's a chap who works n for payment (5) 13 Box wood rafter (4) fl| drawing depicting
      290 words
    • 223 23 Singapore OUTLOOK: Fair Report for 24 hours prior to 7.30pm on Mar 25 at the airport: Max temp 34.7 Assoc humidity, 57 Min temp 25.8 Assoc humidity 90 Hrs of sunshine 8.60 Rainfall in mm. Nil Rainfall this mth 94.2 Rainy days this mth 4 Report for the rest of
      223 words
    • 36 23 fcIiSLifMfaWBIEWB V KJt&jJ VOU'D Pfi* Ffe€S€KTWo>l •gQuj I r 1 Gi&oSs £2&?TCS« V^-H 09 Tne vojse, V j VD UKeMOufc HONesr y n 'K k V y "N c I—i>tTAKWMIO CO. LTD, IW-lIW TO fl r
      36 words

  • 423 24 NYT SOVIET PRESIDENT Mikhail Gorbachev has named his first Cabinet, balancing the choice of some of his closest partners-in-change with two figures who have been openly hostile to aspects of his ideas. The 10-member first Presidential Council, a new advisory body created in the recent
    NYT  -  423 words
  • 320 24 THAI ARMY CHIEF General Chaovalit Yongchaiyudh will stand for elections in a north-eastern Thai province after he steps down from his top military post, according to news reports from yesterday. Gen Chaovalit, 58, who is widely expected to resign later this week, has
    320 words
  • 152 24 Agencies THE TENSE STAND-OFF between Lithuania and the Kremlin continued yesterday but the Lithuanian capital was calm in spite of continued Soviet military activity around the city and the expiry of a deadline for Lithuanian deserters from the Red Army to return to barracks. Soviet
    Agencies  -  152 words
  • 219 24  -  By David Chew SENATOR Haji Shuaib Lazim of the Barisan Nasional won the Pantai Merdeka state by-election by defeating Datuk Haji Mohamed Muslim Othman of PAS by a 3,409-vote majority. Strong campaigning in non-Malay areas by national leaders of component members of Malaysia's ruling National Front
    219 words
  • 129 24 AFP THE ESTONIAN Communist Party yesterday voted to break in principle with the Soviet Communist Party. ViUo Silvi, a member of the ideological department of Estonia's communist party, said the final decision on whether to make a complete break with the Soviet Communist Party would be
    AFP  -  129 words
  • 443 24 Reuter US FEDERAL RESERVE executives are meeting this week to determine the course of American monetary policy, but recent data suggest that they will be in no position to change US interest rates. Although the danger of recession has eased, the American
    Reuter  -  443 words
  • 136 24 Bernama MALAYSIA and Thailand have overcome their differences and reached an agreement on a profit-sharing scheme to exploit mineral resources in their overlapping territorial waters off Kelantan, Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamed said yesterday. "Altogether, we had a very fruitful
    Bernama  -  136 words
  • Page 24 Advertisements
    • 137 24 —RENTAL pP SITE OFFICE SOON LI CABIN *****67 Talks in Hanoi, Pg 7 MMj |j Dauphin Sitzrultur Such a perfect back should be ADMIRED, NOT CAUSE PAIN! f V•'•■&*•» Receiving areas, visitors' rooms, f conference rooms, these are the areas which reflect the attitude of iL your company. The Dauphin
      137 words
    • 244 24 1^***** B JOIN US ASIA'S MOST TALKED ABOUT WT FOOD HOSPITALITY EVENT jftf] Food&HotelAsia9o I From) 6 April 1990, Food&HotelAsia returns bigger and better than ever before. jWjj/J,X More than 6CO exhibitors plus 24 National Groups will present an unprecedented yff/M A. Y.i l\ 24.000 sq metre of food, beverage,
      244 words

  • SHIPPING TIMES
    • PORT SIDES
      • 88 25 Reuter A GROUP OF DUTCH and Belgian dredging firms has won a 90 million guilder contract to dredge a 200-km track of North Sea seabed for a natural gas pipeline, builders and dredgers Koninklijke Volker Stevin NV said. The pipeline will link the Norwegian
        Reuter  -  88 words
      • 52 25 Reuter MITSUI ENGINEERING and Shipbuilding Co Ltd and trade house Nissho Iwai Corp jointly won a US$2OO million order to design and manage construction of a major Saudi Arabian ethylene plant complex, a Mitsui Engineering spokeswoman said. They won the contract from the Arabian Petrochemical
        Reuter  -  52 words
      • 55 25 Reuter SHIPPING AND TRAVEL GROUP Hapag-Lloyd AG said it would pay an unchanged dividend of eight marks on 1989 results. A company statement said the supervisory board had decided on the dividend level following a meeting. The dividend will be proposed to the annual shareholders'
        Reuter  -  55 words
      • 81 25 Reuter THE HAWAIIAN KING, a 91,007-dwt Panamanian tanker, was damaged after being in collision with a fishing vessel off western Malaysia on Tuesday, a salvage company spokesman in Singapore said. A tug was sent to the scene. In London, Lloyds Shipping Intelligence Service said
        Reuter  -  81 words
      • 64 25 Reuter WYOMING-CALIFORNIA PIPELINE Company, a subsidiary of the Coastal Corp, will hold an open season for shippers interest in contracting for natural gas transportation service on its yet-to-be-built pipeline, Wycal. The 45-day open season is from March 28 through May 11. Construction of the
        Reuter  -  64 words
      • 37 25 Reuter PERUVIAN PORT WORKERS lifted their nine-day-old strike which had nearly halted the nation's exports, union spokesmen said. Spokesmen for the state port authority Enapu were not immediately available for comment. Reuter
        Reuter  -  37 words
      • 59 25 Reuter THREE NORWEGIAN SALVAGE WORKERS were missing on Thursday night after a stricken South Korean ship loaded with iron ore sank off Norway as it was being towed to land, a Norwegian rescue worker said. A helicopter lifted the 24 crew of the 44,000-tonne Azalea to
        Reuter  -  59 words
    • 301 25 CONTAINERISED cargo handled at Singapore port grew by a robust 19.6 per cent to 5.92 million tonnes in Jan 1990 compared with the same month last year. In line with the rapid growth in containerised cargo, container throughput handled by the Port
      301 words
    • 157 25  -  -By YONG POW ANG DEALERS of heavy vehicles are appealing to the Ministry of Communications and Information against charging double the quota premium on lorries and coaches, saying this would not be equitable. It would also "increase the cost of business very substantially." This is one of
      157 words
    • 390 25  -  By JEAN FOONG LEADING feeder operator Regional Container Lines is boosting its Bangkok/Singapore shuttle service with the addition of two new superfeeder ships one this month and another in August. The 1,248 20-foot equivalent units (TEU) Maha Bhum will offer "sufficient capacity to
      390 words
    • 250 25  -  By A RACHEL THE JOHOR PORT Authority is coping well despite claims by some freight forwarders and shippers that an increase in cargo volume through the port was causing congestion and delays in clearance. Freight forwarders and shippers who have been using the
      250 words
    • 278 26 Today we conclude the three-part article on the Transpacific Stabilisation Agreement WITH REGARD TO facilities for refrigerated cargoes, Evergreen and Sea-Land have both been particularly bullish. Evergreen's decision to reorganise and retonnage its PNW service was made largely to improve reefer facilities on the route, while Sea-Land's
      278 words
    • 399 26 Operator' Porto o» call No. and capacity Total annual capacity service of vessel employed Westbound Eastbound TSA signatories American PSX Los Angeles-Oakland-Yokohama-Kobe-Hongkong- 5xC10 (4300 TELI) 223,600 223,600 President Lines Kaohsiung-Los Angelas PNX Seattle-Dutch Harbour- Hongkong 4xC8,1 Pacesetter (2000/ 97.800 97,800 Kaohsiung-Kobe-Yokohama Seattle. 1400 TEU)
      399 words
    • 1245 26 fog* Colvaw AiC TWma S Accord Sn>9 Ton 3 5 *ko»« Sm A<t $•<•« 5 Ailrod C 'oop'4- Fonriw 5 Aluon*ioF lino* ftllMn 5 APC lino tfhl I *n F.vo J 5 AFS roviM* i Ar«*uro lmo Fthw 4 5 Anoa Imoi Nino ASG fiFloon Avon ti«im
      1,245 words
    • Ships in Port
      • 2227 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtalner Schedules Blk Op Gdn Date/Time Time From Time To Booking Gale An He I5W *****0 0700 26/1330 26/1359 Portnet 2 H3 27/0130 27/0159 NA 2 Anno Ms 9004 29 03 90 0700 26/1830 26/1914 Portnef 2 F6
        2,227 words
      • 62 26 Kuantan Port On the way: Prima Dua, Iran Ekran, Viking Carrier, Eastern Pioneer. Tomoe 565, Azam 11, Saratorn, Sui Jiu 201, Tunda Zhongren, Kyo Kuei Maru 3, Tomoe 567, Shanti Due on 24.03.90: Petro Niaga, Sol Luna Due on 25.03.90: bonggaya 30, Sang Thai Forutne, Marine Trader, Kah Hong
        62 words
    • 843 27 DRY CARGO freight market activity was routine on Thursday with rates mostly stable and the spot BFI one point lower at 1,569, brokers said. Grain for the US Gulf to Rostock trip was covered at US$lB.BO, against recent business of US$l9 Iron ore for the Tubarao to Zeebrugge
      843 words
    • 9238 32 AARHUS Ever Given. Evergreen March 26 Ming Progress. Yang Ming Line. March 26 Jutlandia. ScanOutch. March 26 Benavon. Triot. March 28(PK). Tokio Express. Triot. March 29 Anna Maersk, Maersk Line. March 29 Norasia Al Muntazah, Norasia/SeaLand. March 30 Ming Star. Yang
      9,238 words
    • 291 40 Reuter STATE-OWNED China Merchants Holdings Co Ltd is bidding for development rights on a 20 sq km port project in northern Australia, said executive vicechairman Yuan Geng. "It will be the major step we are going to take this year
      Reuter  -  291 words
    • 288 40 Vessels sold for further trading Motor Vessels Valdora 21,546 dwt and built 1970, sold for some U552.45 million. OdyiMM H 19,079 dwt and built 1970, sold for US$2.B million. Glory Ocean 18,845 dwt and built 1977, sold for some US$5 million. Yue Man 10,187 dwt and built 1975, sold
      288 words
    • 215 40 HONGKONG'S cargo throughput fell 9.88 per cent in January while total container throughput eased 0.69 per cent to 364,085 TEUs (twenty-foot equivalent units), said a report in the South China Morning Post. But John Meredith, managing director of Hongkong International Terminals (HIT),
      215 words
    • 156 40 Lloyd's List CALIFORNIA'S US$75 billion deepwater port industry could find itself losing out to other Pacific coast ports, particularly in the Pacific north-west, because of growing landside traffic congestion. A new report by the California Transportation Commission recommends that US$B97 million be spent on improving
      Lloyd's List  -  156 words
    • 267 40 AP THE FRENCH company ETPM has received a letter of intent from the National Iranian Oil Company for a contract to rebuild Iran's war-damaged oil terminal on Kharg Island in the Persian Gulf. ETPM, a subsidiary of the French construction company GTM-Entrepose, said on
      AP  -  267 words
    • 893 40 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. show* price ranges in US dollar* instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated The Cockett Bunker Price Index change and the
      893 words
  • Page 25 Advertisements
    • 228 25 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vessel/Vov SIN MAA CCU METTE RI IS 02 1/4 7/4 INGER RIIS 01 27/3 2/4 CALL: *****71 (See Page 13 Column 4). News that makes waves ESS JWh> 'MAHA BHUM' J§ Latest newbuilding the biggest superfeeder in Asean, 1248 TEU inaugurates its weekly BangkokSingapore service.
      228 words
    • 9 25 The Index to Advertisers is on PAGE TWO today
      9 words
    • 189 25 «SH IP LASHING MATERIALS SPECIALIST KINTERMARINE SUPPLY CO (PTE) LTD T«l: *****33 Hdm| Tl. IMCCO R52 4328 Fax *****77 Ik pTW I r:r-T::Ti;s;B^|^^^BMlßL^^^^»^^^^^^M Romance is one of NYK's newest ventures. If ever a ship could make a traveler's dream come true with refinements for gratifying comfort, it is our new
      189 words
    • 164 25 INSIDE Acid test for TSA THE DEVELOPMENT of services on the transpacific will depend largely on the ability of the leading performers to generate revenue, and the success of the TSA in its first year of operation does give rise to optimism in this respect. But cooperation between rivals is
      164 words

  • Page 26 Advertisements
    • 103 26 For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD Contact telephone numbers (Tan|ong Pager Terminal) SKtton I S«ctlon 2 Section 3 B«rlfc t«l«phon« 6«r#i »*Wphor>« ••l«phoo« Cl— *****20 32H7V2 C4-BHW CI ******3 CIN *****30 C 5 —******3 ******5 C» 3211*»* CIS 3211T0 CSN
      103 words
    • 19 26 /JJrJX Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Vjj&giff*} Shipping Association.
      19 words

  • Page 27 Advertisements
    • 2297 27 %«ll## 200 Cantonment Road #12 05 Southpoint, Singapore 020 D All If/ Tet 221 ml telex no rs ■rcrmvi terminal,cfs t«i *****1s 220 F fmAI rl bookings th *****34 235 llgi A PESAM JAROINE SNIPPING AGENCIES PORT KELANG TEL *****18 NO MA*****'MA39/01 Sm= PENANG TEL *****4 TELEX NO MA***** CES
      2,297 words
    • 2343 27 VeaeelVoy I ETA I ETO 'Port 'Penang r DESTINATIONS Singapore Kelang ThM Leda U FmMi by CY ?"v» 0400 MRS Farc« BH CFS M/J/S0 IMO HRS M Tauro OAK LGB HOU MEM ATL MIA CMS BAL PHL NYC MOW TOW LEOA M 9004 271J Ml 3 SW fs»d 14/4 "t6/4
      2,343 words

  • Page 28 Advertisements
    • 1154 28 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP IE HAVRE BENAVON 93/537 28/3 3W3 17/4 19/4 21/4 22/4 24/4 TOKIO EXPRESS 92/536 29/3 23/4 17/4 19/4 16/4 22/4 TOLAGA BAY 09/540 4/4 6/4 24/4 26/4 28/4 29/4 1/5 HAMBURG EXPRESS 95/539 5/4 30/4 24/4 26/4 23/4 29/4
      1,154 words
    • 663 28 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 AfMflts: SINGAPORE: *****00 S lAVA-BOOKINGS: *****08 OHOREJT232«^ NORTHBOUND TO UKC IS PORE I ROM/A DAM HBG HULL(UK) IVYBANK V 26N
      663 words
    • 1350 28 BfIiSIBASIA *MW REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALG) NAM) ROT) NORASIA AL MUNTAZAH 9004 3 31/03 04/04 16/04 21/04 23 04 25/04 26/04 27/04 28/04 ?9/0l 30/04 NOR ASIA SAMANTHA 9005-3 06/04
      1,350 words

  • Page 29 Advertisements
    • 1571 29 §jSteamers Maritime Holdings Ltd (I STRAITS SHIPPING m. vfcv f~ Singapore t« Btmml, East Malaysia, Containers PHlx* Stm M buri Hum Ite led ACCEPTS DUE SAILS mnamm ajm am u« imm w ao< mm cargo IKST £im IB £2 STRAITS VENTURE VOK Muara. Lab. KK In Pt »*c NAMUW UP*ESS
      1,571 words
    • 1814 29 TO: EUROPE TO: FAR EAST SP LN ROM HAH BRE FLX SPORE HK KAO BU CHOYANG PARK 007W 27/3 14/4 15/4 16/4 11/4 19/4 CHOYANG SUCCESS 007E 26/3 29/3 30/3 31/3 HANJIN OAKLAND 007* 31/3 11/4 19/4 20/4 22/4 23/4 HANJIN TONGHAE 072E 29/3 1/4 2/4 1/4 CHOYANG SUCCESS (WW
      1,814 words
    • 26 29 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 16/4 KARACHI A«m* SHMUUVA MBSHM N.T.T. TWAMOPOWTATIOW CO. (PTC) LTD. Tot 223)022 Tic M JHII Foe 22S0CM
      26 words
    • 332 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL SEKI COSMIC AMBALIKA MATSUYAMA PIONEER VOY. NO VB3 4 54 Spore 31/3 30/3 10/4 P. Kelang 3/4 Penang Hong Kong 4/4 Yokohama 13/4 Nagoya 11/4 Osaka 9/4 Senboku Kashima Funabashi •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG,
      332 words

  • Page 30 Advertisements
    • 696 30 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA e P.T. TRIKORA LLOYD CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOV S TORE R OAM; H BURG BREMEN ANTWERP ADAM KUTAI/19WB 31/3-4/4 4/5 8/5 30/5 IJ/5 S.PANJANC 25*8 15-18/4 13/5 17/5 20/5 22/5 MATARAM/26W8 25-2S<4
      696 words
    • 833 30 /3S HANJIN SHIPPING Y*/ FULL CONTAINER SERVICE c-o,.ncp»,«™ pin sr- sr sr* sr-sr Ssr™ I 3 liSSr HANJIN OAKLANO 007W 1/4 19/4 20/4 21/4 23/4 24/4 CHO T ANG CM A NCfWM M H A T5 CHOYANG SUCCESS 008W I 7/4 I 25/4 26/4 27/4 29/4 30/4 !!I_l U SA
      833 words
    • 60 30 TRI-CEL FREIGHT SERVICES PTE LTD 34A, Tanjong Pagar Road Tel: *****02/*****11 Fax: *****54 Tlx: RS ***** Contr Vessel SIN Loading for F.Y SHAN 09/4 Aledandria, Tripoli/Lebanon F.S. SHAN 29/4 JEDDAH, Limassol FY. SHAN 09/5 Beirut, Lattakia S. SHAN iO/4 Lagos, Abid|an MELITA/9006 24/3 Madras EXPRESS CONVENTIONAL SERVICE Vessel SIN Loading
      60 words
    • 1497 30 i d T rT""T3"EP"^fc 1 A A H 111 IPKL SCP HKC KSC KLC PUS MKT OS* TYO BAI LMV AN« RON FLX HK SCP I EVER GENTRY 2*3 30/3 3/4 5/4 M 9/4 11/4 13/4 11/4 11/5 22/5 23/5 24/5 25/5 27/5 11* EVER GATHER M 10 4 12/4
      1,497 words

  • Page 31 Advertisements
    • 1339 31 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSi E Km iBV P,L Building, 140 Cecil Street #03-00, Singapore 0106. I J*KARTA- [JANGKOK VESSEL VOV SIN J'KT SIN VESSEL VOV SIN IKK W EDEN 9007 26/3 30/3 4/3 PEGASUS PIONEER 73N 27/3 30/3 3/4 '.DELTA MAS 1463 31/3 2/4 7/4 HAI HUI 7OH
      1,339 words
    • 1136 31 7 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT SP PK STON HAM BHAVEN ROAM HAVRE Benavon 28/3 30/3 17/4 19/4 21/4 22/4 24/4 Tofcn Express 29/3 23/4 17/4 19/4 16/4 22/4 Toiaga Bay 4/4
      1,136 words
    • 488 31 MYANMA jHttl RVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Penang Bangkok MERGUI V** 23/27 MAR PATHEIN V 10W* 24.29 MAR PAGAN VMM 31 MAR/2 APR MYOMAYWA VI2SW 21/31 MAR THE BANK LINE (A aervice of Andrew Weir Shipping) \f SEMI-CONTAINER SERVICE U HEAVY LIFT CAPABILITY
      488 words

  • Page 32 Advertisements
    • 555 32 jj^JPlP^^ (OiBHSBI IRANIAN SERVICE Singapore Loading for:IRAN TEYFOURI 27/3 Banda Abbas (National Una Of Maxlco) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKG LI ENSCNAOA ICAROCNAS S CRUZ NANZANILLO toluca v u mm mm m w* w« m WTAL V 24 MM— —13/5 OAXACA 11! 1M W W 11.5 ays 25.5
      555 words
    • 464 32 IPS INTER PACIFIC LINES CaLTC. Announces a new independent liner service to the South Pacific Islands.The first vessel Suhana will start its monthly service from Sinqapore on 29 March 1990 Pago Pago T 7 7T~I jS- 304 N. 4/5 V/\ hong kong I Monthly service to: \rv a Apia Western
      464 words
    • 60 32 SOUTHBOUND rtSSU VOY OS* NGO YOK HKG Isili In** GET KAPITAN BABIYEVSKIY U 30/03 29/03 IVO3 03fl« 080» 1619«4 20<H KAPITAN SHIN II 17/4 14/4 13/4 22/4 lII* 51/5 9/5 NORTHBOUND VESSEL VOY FRCM GTON SPOtt HKG OSA NAG YOK KAPITAN SHIN 10 SM SM 31X0 06W 16/0t 1«W 1204
      60 words
    • 276 32 CCNI# Compania Chilena dc Navegacion lnirruceanica S.A. TO SOUTH PACIFIC PORTS SIN POM LAE SUV PPT BANGLAR MOOKH In Pt 4/4 7/4 14/4 20/4 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO BANGLAR MOOKH In Pt 2/5 4/5 7/5 10/5 AGENTS I B BORNEO SHIPPING PTE LTD MAS BUI DING
      276 words

  • Page 33 Advertisements
    • 851 33 InterCoa MAklllMK mi Mil FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —29/3 TOKYO —29/3 LE HAVRE 2/4 LAUTOKA —30/3 KEELUNG —29/3 YOKOHAMA 1/4 ROTTERDAM 2/4 SUVA —30/3 MANILA —30/3 KOBE 1/4 UK PORTS 2/4 BANGKOK —29/3 AUSTRALIA HAMBURG 2/4 BUSAN —28/3 GOTHENBURG 2/4 HONGKONG 1/4 £9/3 AFRICA SYDNEY
      851 words
    • 760 33 Nedlloyd WE GIVE YOU THE WORLD Wfrw/ Nedlloyd Lines *mWW NEW ZEALANP/FUI H VESSEL JM PKg 'Pe n "Bx Sin S'baya Auckland Fiji(A) N Piyrnouth(A) Tinuru Lyttelton(B) Oun«din(B) Napier Wellington(C) Tjurinfi I N Rouen,"9oos 28/3 31/3 28/3 28,1 30/3 4/4 17/4 24/4 19/4 20/4 21/4 21/4 23/4 24/4 25/4 N
      760 words

  • Page 34 Advertisements
    • 1175 34 ESEQS VOY *INDO 'PK/PNG SGP LB CHLS NFK NYC HFX OOCL FAIR 19 28/3 29/3 31/3 23/4 3/5 5/5 7/5 11/5 RAINBOW BRIDGE 23 2/4 3/4 5/4 28/4 8/5 10/5 12/5 16/5 OOCL FREEDOM 30 9/4 10/4 12/4 5/5 15/5 17/5 19/5 23/5 OOCL FAITH 19 22/4 21/4 19/4 12/5
      1,175 words
    • 703 34 |c TD CIW (1 DAY) 0 DAY) ♦(1 DAY) NyJENA 26/03/90 PORT KELANG PENANG <^M BANGKOK VICTOR TWICE/WKLY BOOKING CONTACT w TtDSIN 13 VS P DAYS) DAY) HONG KONG KEELUNG |.iOYCE/JUDY —A. TWICE/WKLY [ETCTsiN (6 DAYS) HI day, (4 DAYS) 1 I I 25/03/90 MANILA NAGOYA ISERENE1 SERENE SITI TWICE/WKLY
      703 words
    • 214 34 Continental Pacific Shipping r TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PO*E PK IOADINC FOR TAIPAN SW Sid ROM/AHT/FLUfIJK ARTEMISiON SW SETI/KOM/AIIIT/FIUfIJK BYRON V 7/4 12/4 1M ROM/ANT/FLU/UK Loads Sabah/Indonesia MULTIPORT AGENCIES (S) A/t\ PTE. LTD. I i TEL: *****77 FAX: *****31 \ITJ/ PK. MULTIFONT SON BHD TEL: *****09 TLX:
      214 words
    • 677 34 GOLDEN LINE ~>V GUAN GUAN SHIPPING (PTE) LTD 23. Teloti Aycr Street SINGAPORE 0104 1 TEL. *****H (10 LINES) Fai: *****04 STRAITS/PERSIAN GULF SERVICE: S'pore P. Ketong P»n»nt GOLDEN WONDER Colombo/turadirDubd In Poet GOLDEN HAVEN Colombo. ftiradiiOuba M Apr CHINA SERVICE A VESSEL Haikou 21/21 Mar Ml TUN SMAN HuMpu/Fujftou
      677 words

  • Page 35 Advertisements
    • 1583 35 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Sy Bookings: UK/EUROPE *****19, AUST/INDIA/PAK *****18 /VI USA *****16, FAR EAST-*****48 Documentation: *****44/*****14 MW Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 r V*' NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang *****87, Penang *****0, J.Bahru-*****3, *****4 I OPE UK (VIA SUEZ)
      1,583 words
    • 1292 35 SINSOV^I 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 Tele* Numbers RS *****JJS ***** RS ***** KSSRS MAI TNOMG SHIffINC 12/ Strfrt. Mjtayw JITS MAIMJMC SYSTEM CO SDN BHD CaWn IAYAPOM PfNANG, Tel 6229*4£22
      1,292 words

  • Page 36 Advertisements
    • 761 36 IHdsr^RES^^ DSR LINES VEB OEUTRACHT/SEEREEDEMI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT RDM HBG RST E. THAELMANN 2/» 04/04 11/04 27/04 2704 29/04 03/05 RUEBELAND 2/» 14/0T 30/04 10/05 10/05 12/05 13/05 W ULBRICHT 4/90 01/05 15/05 24/05 24/05
      761 words
    • 1162 36 UKC COWVKWTIOMAI. mvni Vmml P. KLG PNC P C Lu*n( for TONGCHUAN 30/3 Rotterttom/Antwerp YANGCHUAN 21/4 Rotterdan^Antwerp china noi coHTAPimm mkmvick Vessel PKL PNC SPORE BKK HKC SHA QIN LYC WEI HE 50 27/3 25/3 Jl/3 1/4 1»4 YANG FANC KOU 125 31/3 21/3 5/4 11/4 11/4 20/4 Accepting FCL
      1,162 words
    • 262 36 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR OELI I NOAH 29 3.90 30.3 90 PANJANG/PK BALAM NAGA JAVA 28.3.90 31.3.90 PANJANG LAMPUNG JAVA 29 3.90 30 390 SEMARANG/PANJANG PINANG JAVA In Pod 29 390 PANJANG/PK BALAM PERITA JAYA In Port 30.3.90
      262 words
    • 561 36 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-I-Sharif, Mashad, Kushka IRAN :Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :29/3, 8/4, 13/4, 22/4, 29/4, 12/5 I EUROPE I:To all inland points: VIA VOSTOCHNY Poland, Bulgaria, Czech,
      561 words
    • 514 36 ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) fvo» |ww 1 mm**™ mmm' MAMA BHUII B2W WN B/3 Sat H/3 MCKHAWIK KUBAKO (OK Wad 2%Q Sat 31/11 SIBI BHUM 441W Fri 1 30/3 Man 2H" WYA BHUM n«W Sat I 31/3 Tin 3/4 jim bmuit aan s«t n/3
      514 words

  • Page 37 Advertisements
    • 1094 37 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTG A VSL 28/3 3/4 A VSL 31/3 6/4 A VSL 3/4 9/4 (Conventional Service) ETA S'PORE LOADING FOR BANGLAR PROGOTI 14/4 S.KOREA/JAPAN BANGLAR MAYA 7/4 CTG/MONGLA ETA S'PORE LOADING FOR IBN KHALDOON SLD UMMQASAR/BQD ~"^n^inrrTirA3?*ciir EAST MALAYSIA SHIPPING ENT. (PTE) LTD
      1,094 words
    • 185 37 VESSEL I VOY ETA lOACHNG FOR SPOfIE ANOINET 8001 ABBAY WOUZ H MIEN HUNG~UNE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy Spore P Louis Durban Johannesburg POOLGRACHT P6O2S 27/03 05/04 10/04 13/04 EXCELLENCE CNTR EO3S 08/04 18/04 23/04 26/04 DILIGENCE CNTR
      185 words
    • 603 37 taa.PT. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT
      603 words
    • 643 37 I 1! 1 HUB 1 BAY OF BENGAL SERVICES MADRAS CALCUTTA KSULS WT SIM MAA SIM METTE RIIS 02N» 1/4 7/4 13/4 METTE RIIS 03IW0 13/4 18/4 25/4 MEETE RIIS 04N* 25/4 31/4 6/5 METTE RIIS OSmO 6/5 12/5 18/5 VESSELS VOY SIN CCU SIN INGER RIIS 01IW0 77/3 2/4
      643 words
    • 235 37 WITH EFFECT FROM IST APRIL, 1990, ABC CONTAINERIZE N.V. IS PLEASED TO ANNOUNCE THE APPOINTMENT OF BaSIN SHIPPING AGENCIES PTE LTD, A JOINT VENTURE COMPANY BETWEEN ABC CONTAINERLINE N.V. AND KIN YUEN CO. PTE LTD. AS ITS GENERAL AGENT IN SINGAPORE. r (j&FARGO LINES\ I <|V Tel: *****22 DESTINATION ETA
      235 words

  • Page 38 Advertisements
    • 731 38 mmiMitmi V|%n«v COMPANIA PERUANA p Ml OE VAPORES ii "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS' WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore h MURRAYEVERETT 3/5 Apr 6/7 Apr KAMALEVERETT 20/22 Apr U THOMASEVERETT 26/28 Apr "EVERETT
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    • 597 38 lest Coast. Carribbean.Eait Canada, HAITI. Guatemala and HonAiras VSL [S PORE jMAINLINER [LAX |KST [SAW [NYC [HfX~[ IM TRIESTE 127/3 JIM HONGKONG 2S/4 7/S 10/5 12/S 14/5 L VESSEL pi/3 2IM HONGKONG 21/4 7/S 10/S 112/5 14/5 111 BRISBANE 9/4 ZIM TOKYO C/S 15/5 11/5 20,5 22/5 k. VESSEL 113/4
      597 words
    • 766 38 M" SING KWANG HANGI SHWMMQ TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 4/4 7/4 JENWEL 30/3 1 I 2/4 VESSEL SPORE BANGKOK A VESSEL 31/3 3/4 A VESSEL 71* W* DESTINATIONS ETA SINGAPORE PORT KELANG 30 MAR MANILA 2 MAR HONG KONG. ALL CHINA PORTS
      766 words
    • 490 38 PERINTIS LINE 111 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOV SINGAPORE JAKARTA SURABAYA PRASE TIA 79A 28/3 31/3 PELOPOfI 935 31/3 03/4 PRASETIA 81A 04/4 07/4 PELOPOR 936 7/4 10/4 TANTO UTAMA 638 27/3 30/3 TANTO UTAMA 65 04/4 07/4 TANTO UTAMA 67 11/4 14/4 TANTO
      490 words
    • 454 38 SIN FAB EAST 1/4 KEELUNG/KAOHSIUNG 1/4 BANGKOK 1/4 MANILA 31/3 JAKARTA 30/3 PORT KELANG/PENANG 30/3 BUSAN 27/3 TOKYO/YOKO/KOBE 2/4 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN ElllliPt/BK 1/4 LDN/FLX/LVP/SOU 1/4 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. UN IIU/CANADA 29/3 L.A./NYC/SFO 29/3 VANCOUVER/TORONTO/MONTREAL SIN MSTIUU.IA/NEW ZEALAND 28/3
      454 words

  • Page 39 Advertisements
    • 169 39 Wry-j f (j Egyptian International Shipping Company*"! SERVING DIRECT TO/fROM PORT SUEZ, ALEXANDRIA, AND PORT SAID 8Y EGYPTIAN FLAG VESSELS tASTKHJWD m ICYPT NILE V 204 ETA SPORE 15/4/90 [wUTKHJNO TO KYPT PYRAMIDS V 205 ETA SPORE 2S/3/90 ACCEPTING CONTAINER AND CONVENTIONAL CARGOES S PORE AGENT: KAWASAKI S PORE (PTE)
      169 words
    • 156 39 SINGAPORE SURABAYA/JAKARTA CONTAINER SERVICE VESSEL/VOY SPORE SURABAYA JAKARTA PERM AI I 0033-033 2/4 5/4 7/4 PERM AI I 0034 -034 10/4 13/4 15/4 PERMAI I 0035-035 18/4 21/4 23/4 PERM AI I 0036-036 26/4 29/4 1/5 VESSEL SPORE INDONESIA DESTINATION Christina V 6/90 ETD 2/4 PalembanejPontianak Marina I V 7/90
      156 words
    • 452 39 VSL DESTINATION ETA SIN MAHA BHUM 02N BANGKOK 21/3 SIRI BHUM 441N BANGKOK 30/3 •JIRA BHUM 02N BANGKOK 31/3 PIVA BHUM 21IM BANGKOK 31/3 SO ORIENT 13R CEBU. MANILA 30/3 AKA BHUM 14S CEBU. MANILA «/4 INFINITY MM CHITTAGONG MONGLA 27/3 0 SINCERITY 22A KARACHI. BOMBAY 05/4 KITI BHUM 34S
      452 words
    • 755 39 a/) KL: ALLICD-LINK SINGAPORE: /7Ts\ SaSr 04-*****2 09-*****55 778 6522(22 linesi SETA Ktacfcw On® >«Mn Ng/CftrMlna Chtow Aitca Y««UMf Vac >^4^ I S Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY SPORE JAKARTA EDEN 9007 28/03 31/03 DELTA MAS 1475/148N 01/04 05/04
      755 words

  • Page 40 Advertisements
    • 1019 40 EXPORT TO: UK/CONTINENT (TRIO) '^JT^'TcZL*..M^H issrsma ir "tTB ST STST S ;s&*^^"^* ||JHH TOLAGA BAY 4/4 M W 27/4 SO 21/4 2S/4 S#uUui*»»on :to *11 UK *t»tiwl«or», Belfast and Mlin HAMBURG EXPRESS 5.4 30/4 24,4 24,4 23,4 2*4 ALASAKAIOARU 10/4 U/4 2/5 Jfi ■||^^H TOKYO BAY U/4 W 2/5 3/5
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  • Page 40 Miscellaneous
    • 142 40 Weq er SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCH 28. LEGEND K Thunderstorm Temperature c X\ Shower Weather Wind direction with speed m knots n Wove height Cloudy Sky Surface winds are indicated by arrows which Hy with the wind One full circle represents calm or light
      142 words