The Business Times, 29 March 1990

Total Pages: 40
1 40 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Thursday March 29 1990 75*
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  • NEWS SUMMARY
    • 44 1 CHINA will reverse legislation allowing the nationalisation of joint-venture companies in a bid to attract more foreign investment. The New China News Agency said yesterday that statutes banning foreigners from heading joint ventures would also be revoked.
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    • 26 1 TWO NEW PROJECTS aimed at airline crew and tourists are on the drawing board to help ease the shortage of hotel rooms Page 2
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    • 41 1 HOTELIER Teo Lay Swee has put up his 170-room Duke Hotel for sale, hoping to reap a handsome profit in the bullish property market which would go towards developing his prize jewel, the Cockpit Hotel Page 2
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    • 30 1 INDONESIA imports logs from Malaysia in the name of helping a neighbour, but Jakarta's real intent is to deal a major blow to Japan's plywood industry Page 7
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    • 35 1 AMERICA'S East Asia strategy review, to be presented to Congress next week, will formalise plans to reduce by 10 per cent the 120,000 US troops now stationed in East Asia Page 8
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    • 36 1 HOW QUICKLY should the EC car market be opened up to Japanese car exports after 1993, is the question that will figure today in talks between Japan and the EC Page 10
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    • 23 1 SOME RECENTLY published letters suggest that the genius behind Albert Einstein's theories may have been his first wife Page 17
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    • 25 1 MALAYSIA is expected to come under tremendous pressure in the 1990s in its pursuit to become a maritime nation. Shipping Time* Page One
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  • MARKETS SUMMARY
    • 72 1 Share prices were higher in extremely light trading at midday yesterday, as strong buying in the stock index futures market, a steady pound and a good finish on Wall Street on Monday combined to pull the market upward. At 1100 GMT yesterday, the Financial Times-Stock Exchange 100-share index
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    • 20 1 NATIONAL CARRIER Neptune Orient Lines posts a 44 per cent increase in after-tax profits Page 3
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    • 43 1 CDL HOTELS International, the Hongkong-based hotel arm of City Developments, has announced a maiden profit of HK$2.2B million after tax, on a turnover of HK56.54 million for the period from June 2 to Dec 31 last year Page 3
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    • 28 1 BOND MEDIA Ltd is negotiating an extension of a A5367-million loan facility from a syndicate of banks led by National Australia Bank Ltd Page 4
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    • 9 1 OCBC, UOB closer to Taiwan Page 6
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    • Article, Illustration
      29 1 Wednesday Chance BT-MGA 797.89 -1.31 Kuala Lumpur .3,102.92 -16.16 Hongkong 2,990.70 -20.15 Tokyo 31,263.57 -562.39 Sydney 1,556.0 -2.4 Tmday Change New Yotk 2,736.93 29.27 London 3,266.2 -32.0
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    • 22 1 Exdiaitgs ritu USS SS 1.8843 Yen (100) SSl.1882 MS...... SJ0.6907 Money imlwt ntu Overnight 3 13/16% -1/16 3-montn 6 5/16% unch
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    • 34 1 London Md AM fix US$373.30 +USS3.55 S'pore April. 133.00*/kg -0.50 Vfsia April... 226.00/kg -0.30 KL Tin Turnover. 440tonne« -370 Spot MSl7.l2/kg -0.12 Cnidt palm 4 fntnrw Turnover 397 lot* +20 April M$692Aonne -7
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  • 519 1  -  By Amy Balan, Quak Hiang Whai OCBC BANK has announced another year of record profit and, with an eye on rising interest rates and its fast-expanding business, is raising some $300 million cash through an issue of rights shares with warrants. The group chalked
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  • 244 1 THE US DEPARTMENT of Commerce has ruled that a piece of Singapore software was not un&irly subsidised by the government. It has thus reversed an earlier decision to levy a countervailing duty on it. In response, the Trade Development Board has issued a statement
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  • 147 1 AFP ANY CANDIDATES for the presidency in Indonesia should not go on the campaign trail to promote their programmes as this would go against the country's Constitution, President Suharto has said. He said that under the Constitution, the President received his mandate from the
    AFP  -  147 words
  • 344 1 AP THE US ECONOMY posted a 1.1 per cent gain from October through December, the slimmest quarterly advance in three years, helping to slow the increase of goods and services to just 3 per cent last year. The US Commerce Department's final
    AP  -  344 words
  • 439 1 Reuter JAPANESE companies arc expected to continue to pour buckets of cash into overseas factories, firms and real estate despite the recent fall in the value of the yen, economists and officials in Tokyo said. And that, in turn, is likely to
    Reuter  -  439 words
  • 400 1  -  By Elaine Koh THE KEPPEL group has stepped up its involvement in the leisure industry by teaming up with an Indonesian group to develop a 150-berth marina and tourist complex in north-east Batam. The $30-million project, to be called the Nongsa Point Marina,
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  • 204 1 AFP THE SOVIET Communist Party is about to undergo a major shake-up with the general secretary's position, held by President Mikhail Gorbachev, replaced by a chairman and the Politburo turned into a Presidium of the Central Committee. The party newspaper Pravda yesterday published proposals for
    AFP  -  204 words
  • Page 1 Advertisements
    • 256 1 Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Smfjport Ptwie 235 1333 Kuala Lumpor Phone. 757 0233 Pman«: Ptiooe 615 985/*****4 Jakarta: Phone 374 065/380 1472 THROUGH THE EYE OF A NEEDLE 12 TOOLS OF WAR USED FOR DIPLOMACY 13 CJ MOVES BACK TO BASICS 14 Advertising
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    • 3 1 Leader, Pg 12
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    • 36 1 Menstocb Quality before your eyes I BOJ chief forecasts further growth, Back Pg Ballyalthe BALLY fes®%as 25 Scott* Pood *01-01 Royal Holiday tnn Shopping Centre Singapore 0923 Tel: 737 0503 Open Dalty; 10 am 9 pm
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  • HOME NEWS
    • NEWS ROUNDUP
      • 115 2 THE SETTING UP of Temasek Polytechnic will help to ease the demand for polytechnic places and help meet the manpower needs of a growing economy. In introducing the Temasek Polytechnic Bill in Parliament yesterday, Senior Minister of State (Education) Dr Tay Eng Soon said
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      • 112 2 VANDALS thinking of damaging or destroying property belonging to the Mass Rapid Transit property or equipment had better think again. With Parliament passing the Mass Rapid Transit Corporation (Amendment) Bill yesterday, the penalty for such an offence is a fine of up to $200,000 or imprisonment
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      • 78 2 SINGAPORE Telecom has introduced a Temporary Telephone Service which provides customers with telephones that can be "turned on". These telephones can be installed on certain premises where the service is only needed for a few days. To activate the service, a customer, who must already be
        78 words
      • 48 2 THE AMBASSADOR of the Somali Democratic Republic, Mr Mohamed Osman Omar, presented his credentials to President Wee Kim Wee yesterday. Like his predecessor, Mr Mohamed is resident in New Delhi. A career diplomat, his previous postings include China, Iran, Tanzania, Yugoslavia and Sudan.
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      • 76 2 CULTURAL ORGANISATIONS in the performing, visual and literary arts can apply for financial assistance under the Ministry of Community Development 1990 Grant Scheme. The scheme, introduced in 1985, is aimed at providing financial support to enable local cultural organisations to play a greater role in
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      • 74 2 UNDERSTANDING Japanese distribution channels will be the subject of a workshop organised by the National Productivity Board this Saturday. The speaker is Mr S Nagashima, president of the Central Productivity Institute in Tokyo. Mr Nagashima will give an overview of the Japanese market, its sales and
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    • 438 2  -  By Sangeeta Mulchand TWO PROJECTS aimed at quickly easing the current shortage of hotel rooms are on the drawing board. The National Association of Travel Agents Singapore (Natas) is eyeing the Ng Teng Fong-owned service apartments at Anthony Road for tourist accommodation, while
      438 words
    • 270 2 PRECISION optical instruments manufacturer Wild Leitz is investing 12 million in a new plant to produce more sophisticated optical lens for surveying and microscopes, said managing director Manfred Robert Schuetz. The company has invested $40 million since it began operations in Singapore
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    • 344 2  -  By Elaine Koh HOTELIER Teo Lay Swee has put up his 170-room Duke Hotel for sale, hoping to reap a handsome profit in the bullish property market which would go towards developing his prize jewel, the Cockpit Hotel. The Duke Hotel, built in
      344 words
    • 156 2 CONVICTED drunk drivers face stiffer penalties, including heftier fines and mandatory prison terms for repeat offenders, under the Road Traffic (Amendment) Bill which was passed yesterday in Parliament. In reading the bill the second time, Home Affairs Minister S Jayakumar said the bill was necessary in light
      156 words
    • 266 2 AMENDMENTS passed in Parliament yesterday to the Statistics and Census acts will give major government databases greater access to each other, but Minister of State for Communications and Information Mah Bow Tan assured that the legislation specifically preserves privacy and confidentiality. The Statistics
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  • Page 2 Advertisements

  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 276 3 OtJMr ladle** Close Previous Net change Mar 28 Mar 27 BT Composite 1373.24 1378.50 -5.26 BT-MGA 797.89 799.20 -1.31 ST Industrials 1605.16 1607.12 -1.96 BT OB/OS +31 +129 -98 BT CADI -5284 -5319 +35 BT 10-day MA -5366 -5370 +4 BTOBV +*****51 +*****78 -***** ST Finance 2638.54
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    • COMPANY BRIEFS
      • 69 3 UNITED INDUSTRIAL CORP has increased its stake in Singapore Land Ltd from 21.25 per cent to 22.46 per cent, just over 2.5 percentage points before it has to make a general offer for the rest of Sing Land shares under the Singapore Code on Mergers
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      • 46 3 AMBASSADOR COMMODITIES Pte Ltd, a wholly-owned subsidiary of Ambassador Holdings Ltd, has changed its name to I V Laboratory Pte Ltd. The principal activities of the company will be to manufacture, export, import and trade in all eye-care products, especially contact lens.
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      • 39 3 HARIMAU INVESTMENTS Ltd, one of the four closed-end investments funds, announced that its net tangible assets (NTA) backing per $1 share was $1.97, based on the group's unaudited accounts as at Feb 28, 1990.
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      • 63 3 TIN MINING and property leasing company, Selangor Dredging Berhad has been prospecting for gold at the Segama Valley in Lahad Datu, Sabah since September last year. "There is potential in the three areas (1,000 acres each) that are being explored," chairman Datuk Chan Keong Hon
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      • 55 3 ANTAH HOLDINGS Bhd plans to penetrate the European market in 1992 through its recently-acquired publicly-listed company, Unigroup pic of United Kingdom, said chairman Tunku Naquiyuddin Ibni Tunku Ja'afar. He told reporters after the company's EGM in Kuala Lumpur yesterday that "we will spearheaded a thrust into
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    • 179 3 HOTEL GRAND Central Ltd has achieved a post-tax profit of $5.17 million for the year ended Dec 31, 1989, an 89 per cent increase over 1988's results. Turnover rose 30 per cent to $12.95 million, while pretax profit improved 77 per cent to $7.41
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    • 176 3 JURONG Shipyard, which won another exclusive shiprepair contract yesterday, is expecting more ships to use its repair service this year. It said an estimated 300 ships are expected for repairs compared with 285 in 1989. The company declined to give an estimate
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    • 334 3 MARKET TALK MBT IT HAS BEEN two weeks since Kuala Lumpur Stock Exchange executive chairman Nik Mohamad Din bin Datuk Nik Yusoff came out with the official view on the extent of the "misplaced" scrip situation in the local stock market. However, since
      MBT  -  334 words
    • 455 3  -  By Abdul Hadhi NEPTUNE ORIENT LINES Ltd (NOL) has posted another record profit for the 1989 financial year on the back of a strong recovery in the shipping industry. The company announced yesterday a 44 per cent improvement in its group
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    • 483 3  -  By Andrea Borch EXTRAORDINARY ITEMS boosted the bottom-line result of Haw Par Brothers International by 24 per cent for the year ended Dec 31, 1989. Excluding that, Haw Par reported a 20 per cent drop in post-tax profit to $16.43 million from the $20.49 million
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    • 142 3 RIDING ON the recovery of the local construction industry last year, Ssangyong Cement Ltd returned to the black and is proposing a one-for-five bonus issue. The company posted a group profit after tax and minorities of $1.35 million for 1989, compared with a loss of $130,000 for
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    • 263 3  -  By Elaine Koh CDL HOTELS International, the Hongkong-based hotel arm of City Developments, has announced a maiden profit of HK$2.2B million after tax, on a turnover of HK56.54 million for the period from June 2 to Dec 31 last year. "Hie group, listed in
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  • Page 3 Advertisements
    • 145 3 Since 1735 there has never been a quartz Blancpain watch. And there never will be. UifrgßMl ■Aarl>n HE7£P^£n^^9QMpgMMaMMeq|H_jX^^a^^^ I O t^\. Model shown 0033^141 #-58 .1?. BlancpaiN Faithful to the traditional art of watchmaking, each watch is still assembled, polished and finished by hand by the individual watchmaker. In all,
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  • REGIONAL COMPANY NEWS
    • 188 4 HONGKONG Close Open High Low Vohaw Cfcuge Hang Seng Index 2,990 3,010 3,014 2,985 -20 Hang Seng Spot 2,999 3,013 3,013 2,999 388 -16 CVmc Previous Net Chaage Mar 28 Mar 27 Hani Seng Finance 2,034.71 2,034.09 -19.38 Hang Seng Utilities 3,660.11 3,637.21 +2.90 Hang Seng Property
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    • 100 4 Reuter OFFICIALS of the Philippines' two rival stock exchanges have met the Securities and Exchange Commission (SEC) to discuss further a proposal to merge the operations of the two bourses. SEC chairman Rosario Lopez told stockbrokers the Commission had drafted a framework around which merger tall«
      Reuter  -  100 words
    • 308 4 Reuter BOND MEDIA Ltd is negotiating an extension of a A 5367 million loan facility from a syndicate of banks led by National Australia Bank lid, a Bond spokesman said yesterday. Bond Media, a 51.6 per cent owned subsidiary of Alan Bond's
      Reuter  -  308 words
    • 230 4 Bernama CONSOLIDATED Plantations Bhd (Consplant) said it had entered into a sale and purchase agreement with Horizon Towers Sdn Bhd to sell 331 acres (about 134 hectares) of estate land. Consplant, the plantation arm of the Sime Darby group, added that the land,
      Bernama  -  230 words
    • 209 4 MALAYSIA'S Capital Issues Committee (CIQ is believed to have introduced stiffer penalties for merchant bankers, auditors and other parties who do not comply with its guidelines on reprimand. It is learnt that the purpose of the guidelines is to ensure that merchant banks, auditors and
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    • 294 4 AFP JAPAN'S Toyota Motor Corp said on Tuesday it plans to form a venture with Turkish conglomerate Sabanci and Japanese trading firm Mitsui and Co Ltd to produce cars in Turkey. The proposed venture aims to invest US$25O million in local facilities, with
      AFP  -  294 words
    • 197 4 AFP JAPANESE companies will likely be forced to suspend a total of over two trillion yen (U5512,658 billion) worth of equity financing in March because of recent turbulent Japanese stock prices, a Tokyo financial daily reported yesterday. The Nikon Keizai Shimbun, quoting
      AFP  -  197 words
  • Page 4 Advertisements
    • 308 4 It even tells the singles from the attached. Epson's new low-end LX-850 9-pin printer now comes with > some very clever top-end features. A -v-A ;*•*V A' A/ Like the ever handy 'paper park- V- I ;■"> -V' ing* which easily switches between continuous paper to single sheet printing, instantly.
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  • INTERNATIONAL COMPANY NEWS
    • 438 5 Reuter DAIMLER-BENZ AG's cooperation agreement with the aircraft engine-maker Pratt and Whitney is part of Daimler's attempt to forge a West German aircraft industry and bolster its global position, stock analysts said. "Daimler is trying to strengthen its international position in its new
      Reuter  -  438 words
    • 214 5 AFP FRENCH GROUP Compagnie Generate d'Electricite (CGE) is acquiring a 12 per cent stake in Framatome from construction group Dumez, giving it a majority stake in the world's largest nuclear generator maker. CGE already held a 40 per cent stake in Framatome, and the
      AFP  -  214 words
    • 340 5 NYT AMERICAN EXPRESS Co (Amex) has reached a final merger agreement with Shearson Lehman Hutton Inc to acquire all of the brokerage's common shares it does not own, the companies announced on Tuesday. The deal comes at a time when Shearson is expected to
      NYT  -  340 words
    • 193 5 AFP FRENCH COMPANY Spic Batignolles is taking a 14.7 per cent stake in British group Davy, the world's fourth largest industrial engineering concern. Spie Batignolles, part of the Schneider group, said it would be acquiring the stake in exchange for ceding to Davy
      AFP  -  193 words
    • 90 5 NEW YORK Mar 27 Close Niton N«t Chaagt Dow Jones 2,736.94 2,707.66 +29.28 NYSE Financial 187.40 115.60 180 Standard Poor-f 500 341.50 337.63 3.17 Turnover (million) 131.6 116 +15.6 LONDON Financial Timet 30 1,786.6 1,813.5 -26.9 FTSE 100 2,266.2 2,298.2 -32.0 Turnover (million) 385.9 353.3 32.6 FRANKFURT
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    • 95 5 AFP TIGHTER RULES governing the disclosure of stakeholdings in British quoted companies are to be introduced from May 31, British Corporate Affairs Minister John Redwood has said. The changes, which implement parts of the 1989 Companies Act, reduce the threshold for disclosure of interests in shares
      AFP  -  95 words
    • 156 5 NYT EASTERN AIRLINES told its creditors on Tuesday that its inability to win back business travellers had cut its revenues and that it could therefore no longer guarantee to pay them SO cents on the dollar as promised. In a meeting with unsecured creditors in Manhattan,
      NYT  -  156 words
  • Page 5 Advertisements
    • 215 5 In The Property Market, One Name Really Shapes Up. At Knight Frank Cheong Hock Chye and services like compulsory acquisition, property practical. You could say we keep our finger And with a 50-year track record on the Baillieu, it's our practice to work side by side tax and development charge.
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 93 6 THE' United Overseas Bank group yesterday announced a tie-up with JCB International, Japan's biggest credit card company, to process JCB's merchant business in Singapore. Thiy will allow the UOB group to handle JCB's merchant processing business here, providing services such as merchant account servicing,
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      • 53 6 BANK of Japan governor Yasushi Mieno said cooperation on currency maiicets between Japan and the US is not weakening. Mr Mieno told a news conference that Japan, in cooperation with other major nations, will continue strong currency intervention. He added that Japan's price stability is unlikely
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      • 86 6 THE Japanese government has provided a loan of about US$5l9 million to Thailand to be spent on 11 social and economic development projects, a Japanese Embassy spokesman. in Bangkok said yesterday. Tlie spokesman said an agreement to the 15th loan provided by Japan's Overseas Economic Cooperation
        86 words
      • 90 6 THi* International Monetary Fund is drawing closer to an agreement that would allow gold held by the IMF to serve as a guarantee for new funding to help countries repay delinquent loans, monetary sources said. Agreement on this complex issue could help pave the way
        90 words
    • 320 6  -  By Hong Lee Tiam NEW Taiwanese rules concerning foreign banks will give Singapore's OCBC Bank and United Overseas Bank a better chance of getting their long-awaited banking licences in Taiwan. The new rules, which were approved by the Taiwanese cabinet last week,
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    • 171 6 AFP GERMAN monetary union will be attained by August, but there is still disagreement within the West German coalition government over what exchange rate to apply for workers and pensioners, say political sources in Bonn. Representatives of the three coalition partners agreed during a meeting on Tuesday
      AFP  -  171 words
    • 303 6 Reuter TAIWAN has decided in principle to allow overseas Chinese and foreign individuals and companies to trade in financial instruments, including beneficiary certificates, and corporate and government bonds issued in Taipei, the country's Securities and Exchange Commission (SEC) said. The decision was a further step to liberalise and
      Reuter  -  303 words
    • 327 6 Reuter DUTCH analysts said a merger between Amsterdam- Rotterdam Bank and Algemene Bank Nederiand would cut the new bank's costs because it would have to trim its workforce to avoid dupli- cation. The two banks, the largest in the Netherlands, said on. Monday they
      Reuter  -  327 words
    • 220 6 Reuter LACK OF leveraged buyout activity contributed to a slug?ish US merger market in the irst quarter of this year, sending the value of announced activity for domestic target firms down by 60 per cent from the first quarter of 1989. The new
      Reuter  -  220 words
  • Page 6 Advertisements
    • 184 6 OUB Commercial Property Loan The first step to buying your own business premises At OUB, we understand the difficulties of starting your own business and the major decision you have made to finally purchase your very own premises. Which is why we can help you with the OUB Commercial Property
      184 words
    • 99 6 DUKE HOTEL 42/46 Meyer Road A freehold. 7-storey Hotel with total of 170 guest rooms comprising 5 suites. 124 double rooms &41 single J»/ 11 rooms. /rLJI/ /k A coffee house and a lounge are located on ground f floor and a Chinese restaurant with seaview on top mw*, /I
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  • Page 6 Miscellaneous

  • THE REGION
    • 457 7 Reuter INDONESIA, which has more tropical forests than any other country except Brazil, is importing logs from Malaysia, saying it is lending its neighbour a helping hand. But trade sources say Jakarta's real aim is to deal a major blow to
      Reuter  -  457 words
    • 133 7 AP JAPAN is willing to extend its official development assistance (ODA) to promote consumer awareness in developing nations, a Japanese government official said. Shoichiro Aida, senior assistant to the director of the government-run Japan Consumer Information Center (JCIC) said ODA could henceforth be used for
      AP  -  133 words
    • 336 7  -  By Al O. Labita Jr IN MANILA PROTON SAGA, Malaysia's internationally known car, may be manufactured in the Philippines. At Manila's trade and industry department, economists are drawing up the blueprint for the possible assembly and manufacture of the Malaysian car in the Philippines. "We
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    • 259 7 AFP THERE are no grounds to question the Indonesian armed forces' special "dual function" as a defence and socio-political force, a senior military officer has said. The leading Kompas daily cited Major General Maulani as saying on Monday that past differences between political parties
      AFP  -  259 words
  • NOTE BOOK
    • 91 7 AP THERE ARE 12,286 foreign workers working legally in Malay* sia. Deputy Home Minister Megat Junid Megat Ayub said oa« Tuesday. Of the total, 5,258 are plantation workers and 4,028., are domestic helpers, he said in reply to questions in the Senate. Most of the
      AP  -  91 words
    • 96 7 Bernama THE APPLICATION by three Sarawak natives for an order to stop the felling of timber in the Uma Bawang village in the Baram Highlands involves the basic question of natives' rights, social protection and equality, the high court in Ku- ching was told on Tuesday.
      Bernama  -  96 words
    • 75 7 AFP VISITING Indonesian officials should not change place names in the former Portuguese colony of East Timor, a'> practice cutting the territory's links with its past, said proving cial governor Mario Viegas Carrascalao. "I know that many' officials visiting the province have renamed some villages and
      AFP  -  75 words
    • 96 7 Reuter PHILIPPINE Foreign Secretary Raul Manglapus has accused the Netherlands of granting political asylum to a left-wing Filipino activist without first checking the facts of the case. Activist Hilario Bustamante sought asylum in the Netherlands last year saying he feared for his life after accusing President
      Reuter  -  96 words
    • 95 7 AFP VIETNAM'S outgoing ambassador to Indonesia has said that the dose ties between Hanoi and Jakarta could not be undermined by anyone, the official Antara news agency said yesterday. The agency quoted ambassador Tran Huy Chong as saying on Monday that he believed no one would be
      AFP  -  95 words
    • 83 7 AFP CAMBODIAN Prime Minister Hun Sen yesterday accused resistance leader Prince Norodom Sihanouk of jeopardising peace efforts to end the war in Cambodia. "Prince Sihanouk is becoming another first-hand criminal of the genocidal policy in Cambodia," Mr Hun Sen said in a scathing reference
      AFP  -  83 words
  • Page 7 Advertisements
    • 564 7 WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) INTERIM RESULTS FOR THE HALF-YEAR ENDED 31 ST DECEMBER 1989 The Directors are pleased to announce that the unaudited consolidated profit after taxation, minority interests and extraordinary items for the six months ended 31 December 1989 was 555,842,000, an increase
      564 words
    • 228 7 i- ij*v Hi ?W' I >«^~-; < v %:y*-6u <?y§«HBHHMiBI I 111 r«wAl I r a ■iV^I I/I 9 .1 1 1 I■ 11 I CMUIiWI *K■ i 1k k Wli g t w k. L t v w y i 4 jgl: J; I v M BSBLeSB 'w-Nw- 9
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  • THE WORLD 1
    • 539 8 AFP THE PENTAGON is putting the final touches this week to US President George Bush's long-promised East Asia strategy review, and the report is expected to dismiss growing pressure to forge a European-style arms control deal in the region. The year-long policy review,
      AFP  -  539 words
    • 425 8 Asahi STATING THAT the time is near "to achieve decisions", the US ambassador to Japan has called for more specific proposals from the Japanese in the next round of Structural Impediments Initiative (SII) talks scheduled for Washington on April 2 and 3.
      Asahi  -  425 words
    • 390 8 Asahi JAPAN'S Ministry of International Trade and Industry (Miti) will instruct local governments to shorten the time required to open large stores to less than two years, Miti Minister Kabun Muto said on Tuesday. The move is an effort to
      Asahi  -  390 words
    • 266 8 Reuter THE US and Mexico are talking about negotiating a free trade agreement similar to the US-Canadian trade pact in a bid to create a unified North American market. "President Bush during the (1988 presidential) campaign indicated he would like to see free
      Reuter  -  266 words
    • 193 8 AFP CZECHOSLOVAKIA'S military expenses were made public for the first time on Tuesday, and will total 31.2 billion korunas (nearly US$2 billion) under this year's national budget proposal presented to Parliament. The budget was submitted by Finance Minister Vaclav Klaus at the start
      AFP  -  193 words
    • Article, Illustration
      39 8 Construction projects such as Tokyo's new city hall (above) are a major irritant in US-Japan ties. Although the US is pressing Japan to open its construction market, no foreign builder is involved in this US$l billion project.
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    • 116 8 Reuter A US congressional panel has approved a US$72O million aid package to help Nicaragua and Panama rebuild their shattered economies. It also approved aid for Soviet Jews settling in Israel. The money to the Central American nations, approved on Tuesday, was part of a
      Reuter  -  116 words
    • 380 10 AFP EUROPEAN Commissioner Frans Andriessen opens exploratory talks with the Japanese government today about how far and how quickly the EC car market should open up to Japanese car exports after 1993, sources in Brussels said on Tuesday. Facing one of the most
      AFP  -  380 words
    • WORLD WATCH
      • 109 10 AFP US PRESIDENT George Bush has told 36 visiting African businessmen that they are "on the right track in terms of investment". The delegation from the African Business Roundtable is in the US seeking foreign private investment as a means to resolve their countries' economic
        AFP  -  109 words
      • 102 10 Reuter ZIMBABWE'S voters are giving their verdict on 10 years of rule by President Robert Mugabe in polling which began yesterday in the country's first direct presidential elections. Mr Mugabe is seeking a mandate in the two-day polls to turn one of Africa's few multi-party democracies
        Reuter  -  102 words
      • 89 10 Reuter BRITAIN will use a points system to decide which Hongkong citizens will be granted British passports ahead of the colony's! handover to China in 1997, according to a British television report on Tuesday. The report said passports would be given to eight categories of
        Reuter  -  89 words
      • 67 10 Reuter SPANISH PRIME MINISTER Felipe Gonzalez yesterday said the West should avoid interfering with developments in Lithuania. "The West should be extremely cautious, without any interference that could put at risk a global solution of the problem," he said when asked by reporters in Madrid about
        Reuter  -  67 words
      • 80 10 AFP THE CUBAN GOVERNMENT has decided to repatriate 5,300 Cuban workers in Czechoslovakia before the end of the year. A government official in Prague said on Tuesday that some 1,000 had already left for home, and the others would follow "in the next few months". Cubans
        AFP  -  80 words
      • 66 10 AFP AFRICAN NATIONAL CONGRESS vice-president Nelson Mandela is to hold urgent talks with Zulu leader Mangosuthu Buthelezi and, separately, with Zulu king Goodwill Zwelithini. The ANC said on Tuesday that a date had still to be decided for the meetings which will focus on Zulu
        AFP  -  66 words
    • 171 10 Reuter AFTER several delays. East Germany's new parliament now looks set to meet next week with a new coalition government on the way soon. East Germany's Social Democrats (SPD) agreed to begin preliminary talks with the election-winning Christian Democrats (CDU) on forming the country's
      Reuter  -  171 words
    • 258 10 Reuter SOVIET President Mikhail Gorbachev called on Tuesday for a quick series of radical measures to invigorate the Soviet economy through a controlled transfer to a market economy. Mr Gorbachev, addressing the first session of the presidential council, said fast action was needed to
      Reuter  -  258 words
    • 154 10 AFP TWO PARTIES in Hungary have reached a pact for the second round of voting in parliamentary elections, threatening to weaken the front-runner's early lead. The liberal Alliance of Free Democrats and the ru-ral-based Smallholders' Party agreed to withdraw in favour of one another's candidates in two
      AFP  -  154 words
    • 256 10 Reuter THE URBAN Foundation, an influential development agency backed by big business. told the South African government on Tuesday to scrap racial segregation of cities now. without any negotiation. "Our position is that the Group Areas Act should be abolished and should be abolished
      Reuter  -  256 words
    • 47 10 West Berlin's graffiti artists have seen the writing on the wall and are caught in a race against time. They have been rushing to leave their mark on the Berlin Wall even as East Germany begins removing the barrier piece by piece.
      47 words
  • Page 8 Advertisements
    • 698 8 TIGER BALM LIMITED I A member of the Haw Par Group J (Incorporated in the Republic of Singapore) X>gfy RESULTS FOR THE YEAR ENDED 31 ST DECEMBER, 1989 The Directors wish to announce the following audited Group and Company results for the year ended 31 st December, 1989. The results
      698 words
    • 253 8 1 Money 90 Hoog Kong is Asia's definitive flnanoe and international Investment exhibition Celebrating 5 years of introducing financial advice to investors, it is the largest international financial forum in Hong Kong At thel99o Hong Kong Money Show, exhibitors will be divided into 3 financial centres Investment Opportunities. Financial Services
      253 words

  • Page 9 Advertisements
    • 311 9 DU9IHV33 —"J r -pv* 1 1 uia vou cnoose accident. Particularly in business. And especially t when it comes to financial tools, and which Corporate cards you should choose. vour J It's no accident, therefore, that our Corporate J Card System is a masterpiece of design. You can have N
      311 words

  • Page 10 Advertisements
    • 1264 10 r OoCBCH OVERSEAS-CHINESE BANKING CORPORATION LIMTIED (Incorporated in the Republic of Singapore) The Directors are pleased to announce the following:1989 1988 Increase The Group The Bank The Group The Bank The Group The Bank SS'OOO SS'OOO SS'OOO SS'OOO 1 AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1989 Net profit
      1,264 words

  • Page 11 Advertisements
    • 782 11 ui, p»jj t mm t t mm l a 't 7*7? T' FULL•SK H V I K BANK I N 5j J C tffMfcMrit I'aukt N*hiwiJ Hank i J 1 wttT /SST usssr fj ft*** +mm' fmm h O#k«* -**«*<*■* I A*5S Gcarii i u Mm fi !S!!L /Sir b
      782 words

  • 467 12 EDITORIAL U UNFAIR trading practices are the subject of many a negotiation. And many countries have erected measures against others who indulge in them. But the recent fracas over a Singapore company's pioneer software exports to the US shows just how such safeguards can in
    467 words
  • WHAT THE OTHERS SAY
    • 243 12 ARM-TWISTING Tokyo is more effective than appealing to its sense of fair play as the latest Japanese trade concessions show. The first allows US companies to sell supercomputers to Japanese universities and government agencies; the other opens the market for all non-experimental satellites to foreign competition.
      243 words
    • 104 12 THE GOVERNMENT is determined to curb car growth, but, at the same time, also hopes to accommodate people's wish to own cars. Proof of government's intention is ample. For example, the vehicle quota tender is based on the lowest successful bid, and that the government will give special
      104 words
    • 136 12 WESTERN COUNTRIES can prop up the Baltic republics with moral support now that Moscow is flexing its muscle. By sending a strong message to President Mikhail Gorbachev, the Kremlin may think twice about the possible repercussions from the West should force be used against the Lithuanians.
      136 words
  • REGIONAL VIEWPOINTS
    • 182 12 MEMORIES of October 1987 are fading, and Hongkong's business community is now doing its best to persuade the public that there should be no overreaction by the government to the bitter lessons of "Black Money". The cleansing spirit of reform, designed to restore respectability to the territory's financial
      182 words
    • 121 12 THE STRANGEST THING about the Thai-Malay-sian friendship is that it's never really that friendly. The neighbouring countries used to nag each other about silly things, such as the size of fish containers and other petty matters, that left their bilateral ties strained. But all that
      121 words
    • 182 12 THE PRIVATE SECTOR has so far not provided as much employment as it is expected to do for the handicapped. After chairing the inaugural meeting of the national committee for the promotion of employment of the disabled in the private sector on Monday, Human Resources Minister
      182 words
  • 831 12  -  mm Faced with possible liberalisation, the US cloth trade adopts a new defensive stance, writes Clyde Farnsworth Clyde Farnsworth NYT Afraid that the Bush Administration will give away too much during international negotiations, the US textile industry is preparing another legislative push during this
    NYT  -  831 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • 40 12 DOONESBURY |l ...AND PeORO, 7Hd ..AND ONTO Tb<6 AWAITING hi \.UHtF£ ITOONTINUeD To\ *ET S&VICS AGCNTPft£26a>\ LYEXPLICIT GAG DOLL MAS f AIR FORCS WO 1 SM&ARRA9? EVSR/ONE MA fU! DOLLARS INTO THCOU? I QU/CM SPIKITW OUT OFTOUN\ 4 i PMHiL
      40 words

  • ANALYSIS
    • 820 13  -  With the prospects of reunification, fewer ana fewer East Germans are crossing over to West Germany, reports Serge Schmemann Serge Schmemann NYT THE NUMBER of East Germans moving to West Germany has dropped considerably since the East German election a week
      NYT  -  820 words
    • 1022 13  -  David Sanger reports on a surprising US-Japan military development David Sanger NYT IN A collaboration that re-' fleets Tokyo's growing skills in military technology, the US and Japan have reached a basic agreement to cooperate in research on three technologies critical to future
      NYT  -  1,022 words
    • 817 13  -  Can stores that provide no service at all survive in Tokyo? Yes, says Keiichi Suzuki Keiichi Suzuki Asahi ARE the Japanese ready to buy goods at stores that offer virtually no customer services? Will they patronise no-frills shops that are open only
      Asahi  -  817 words
  • Page 13 Advertisements
    • 56 13 Illustrated price list of EARLY MAPS, PRINTS, AND BOOKS available now from: H C ASIA PHILATELIC CO PTE LTD ®J (Bailey Co Pic Lid) 171 Trts Street #05-179 B Union Building, Singapore 0207 Tel: *****08/*****13 We are also keen to BUY early books, maps, photos, guides and other Singapore, Malayan
      56 words

  • FOCUS
    • 180 14 CADBURY Singapore has appointed The Ball WCRS Partnership to spearhead its $500,000 advertising and promotion programme in Singapore. With the appointment, from April 1, TBP will be handling the account in Singapore and Malaysia. SAATCHI Saatchi and The Oriental Singapore have announced a mutual agreement to end their
      180 words
    • 259 14 LOCAL company J Higby's is taking its franchise regional this year, marketing two concepts in fast food non-fat yogurt and sugar-free chocolates and candies. The master licence holder for the American J Higby's and Morrow chains in AsiaPacific will also start supplying
      259 words
    • 346 14  -  ADVERTISING MARKETING EDITED BY iOH HUI YIN By Suzanne Soh BACK TO BASICS that's what the new top management of French fashion house Charles Jourdan has mapped out for the 1990s to strengthen its position in the luxury goods market. "Too much and too fast
      346 words
    • 365 14  -  MARKETING MATTERS By Victor Kiu •Mr Kiu is regional media director (Asia), Ogilvy Mather Worldwide KNOW your target audience. That is the first rule of marketing. To create maximum impact and reach for your marketing messages, you must understand your audience as individuals, on what is
      365 words
    • 281 14 SIDEWALK cafes and Roman columns are just two items expected to fire the imagination of Singaporeans and tourists in a marketing blitz for the soft opening of Marina Village International (MVI) this May. Khamis Holdings will invest more than $1 million to
      281 words
    • 234 14 Reuter JAPAN'S Dentsu retained its ranking as the top grossing advertising agency in the world, according to a trade journal's annual ranking released on Tuesday. The Tokyo-based firm, which topped the Ad Age Top 100 for most of the 1980s, had gross income of
      Reuter  -  234 words
  • Page 14 Advertisements
    • 142 14 Eourchettes' presents its finest catch. THFoRI E N T A L SINGAPORE Fourchettes at The Oriental, Singapore is literally going to sea. Because from March 29th to April 27th, the freshest of seafoods will be presented by their French Chef. Take your tastebuds fishing, with a seafood menu flavoured by
      142 words
    • 169 14 r IW VWV| GP S«o Hawk automatic A watch for all situations Its essential lines and the tangible beauty faithfully reflect the movement, bringing the watch to life Originally conceived as a diving instrument, it withstands the roughest treatment to depths of up to 500 meters (1650 ft) The Sea-Hawk
      169 words

  • SPORTS
    • 472 15 AP LIKE MANY MOTHERS, top LPGA player Juli Inkster will try to juggle a career and parenthood. Her daughter, less than two months old, will be along today for Inkster's first day back on the job, in the Dinah Shore tournament in California. Grandparents
      AP  -  472 words
    • 328 15 AP JACK NICKLAUS goes to the Seniors Professional Golfers' Association Tour in a no-win situation. "He's the only man who has nothing to win and everything to lose," Chi Chi Rodriguez said. "If he wins, everybody will say, 'He's Jack Nicklaus. He's supposed to win,'
      AP  -  328 words
    • 106 15 AP ZINA GARRISON won a tough first-round match on Tuesday in the U*****,000 Virginia Slims of Houston tennis tournament, beating Natalia Zvereva of the Soviet Union 4-6, 6-3, 6-3. Garrison, the tournament's No 2 seed, next faces the winner of Tuesday's late match between Sandra
      AP  -  106 words
    • 617 15 AP ELEVEN of the 24 teams at this summer's World Cup finals were involved in important warm-up games across Europe yesterday as the build-up to the year's biggest sports festival intensifies. Defending champion Argentina, minus Diego Maradona but with six of its triumphant 1986
      AP  -  617 words
    • 188 15 AFP WORLD Formula One champion Alain Prost and International Auto Sports Federation president Jean Marie Balestre spoke out in Paris on Tuesday against EC plans to ban tobacco spokesmen in motor racing. They said the sport faced an uncertain future if the threatened
      AFP  -  188 words
    • SIDE LINES
      • 105 15 AP DAN GOLDIE rallied from double match point to defeat Sweden's Peter Lundgren 3-6, 7-6 (7-5), 6-4 on Tuesday in the opening round of the Volvo Chicago tournament. Goldie fell behind 5-3, 15-40 in the second set and was facing defeat before winning four straight
        AP  -  105 words
      • 66 15 AP ELNA REINACH of South Africa beat Annemarie Walson of the US 6-0, 6-1 in qualifying play on Tuesday at the US Women's hardcourt championships in San Antonio. Reinach is the top-seeded player in the qualifying group. She will meet Robin White, who beat Linda Harvey-Wild
        AP  -  66 words
      • 94 15 AP AS IF baseball didn't already have enough to worry about these days. Now, there's another controversy: the Great Glove Debate. It seems too many baseball executives thought too many gloves were too big. So the American and National leagues recently sent directives to all
        AP  -  94 words
      • 56 15 AP TERRY CUMMINGS scored 31 points to help the San Antonio Spurs clinch a playoff berth on Tuesday night, defeating the Seattle SuperSonics 115-103. Willie Anderson and David Robinson each had 22 points for the Spurs, who also broke their single-season basketball attendance record. Dale Ellis led
        AP  -  56 words
  • Page 15 Advertisements
    • 881 15 Haw Par Brothers International Limited I (incorporated in th« Republic of Singapore) I RESULTS FOR THE YEAR ENDED 31ST DECEMBER, 1989 I The Directors wish to announce the following audited Group and Company results tor the year ended 31st December, I 1989: I Group Company I 1989 1988 1989 1988
      881 words

  • Page 16 Advertisements
    • 1082 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, PINE... FASHIONABLY HYATT Join the fashion-conscious even Thursday and Friday (3 6pm) in The lounge Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and
      1,082 words
  • Page 16 Miscellaneous
    • 518 16 TELEVISION AND RADIO While trying to capture a ma- 2.00 Malay Movie Centaku Cer- oaniA r| 1 *1 J *1 O SBCI2 A>k jor drug dealer. Tubbs and ltamu BUSINESS ON RADIO I I*l Pk Or tn be 730 J Jfr; BBC, 89.9 mttz in VNF Band II V/l %/A
      518 words

  • LIFESTYLE
    • 646 17 Did E=mc 2 come from the Mrs? Some recently published letters suggest that the genius behind Albert Einstein's theories may have been his first wife NYT THE GENIUS behind Albert Einstein's theories of light, space and time may have been a little-known collaborator, his first wife, according to recent re-examinations
      NYT  -  646 words
    • 541 17 NYT. THERE IS only one Maggie Smith, but audiences get at least three of her in Lettice and Lovage, the Peter Shaffer comedy that has brought this spellbinding actress back to Broadway after an indecently long absence and that has the shrewd sense
      NYT.  -  541 words
    • 272 17 CHATIIRBOX ACTOR and comedian Richard Pryor, who suffered a mild heart attack last week, has been re-admitted to a Brisbane hospital and will remain there until he returns to the United States. A spokeswoman at Wesley Hospital, where Pryor, 49, was admitted early last week
      272 words
  • Page 17 Advertisements
    • 277 17 AND ENTERTAIN r The Happiest Hours In Town. Our early evening Happy Hours at The Fountain Lounge are designed to put you in high spirits. For every drink you order, you get the next one free. Plus, you get a whopping 25% off bottle purchases. And to make sure you're
      277 words
    • 74 17 frßco ■restaurant Frisco ofTcr the finest continental cuisine with cosy, friendly ambience. EXCLUSIVE BUSINESS LUNCH 11.00 am to 2.30pm Set Lunch $28.00++ per person (menu changes daily) ROMANTIC DINNER 6.00pm to 10.00pm Candle-light Set Dinner 9 $25.00++ per person HAPPY HOURS 3pm to 10.00pm ill:; All alcoholic beverages except wine
      74 words
    • 109 17 LUNCHING AT THE CARLTON BRASSERIE ALWAYS MAKES GOOD BUSINESS SENSE. 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
      109 words
    • 426 17 The art of doing business. Fourchettes Business Lunch..: m At Fourchcncs Grillroom, one of Singapore's finest business lunches awaits. The freshest oysters. Goose Rillettes and other appetizers. Main courses from the Grill, or Roast US Prime Rib from the Carvery. Accompanied by the most exquisite Desserts, Teas and Coffees. At
      426 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4320 18  -  By Lim Mui Khi THE Straits Times Industrials Index closed a couple points down from Tuesday's record 1,607.12 to 1,605.16 yesterday, as Tokyo's lower finish kept the less-than-brave investors on the sidelines. The Business Times-Morgan Grenfell Asia Index also closed lower, giving
      4,320 words

  • STOCK EXCHANGE OF SINGAPORE 2
    • 2967 19 Gr's Gr's 1989/90 Tel Last Vol Day l ast Quote Div Div V'ld Net M C ap High Low Code Company Sale OT(TOO) High I/IM Buyer Seller S C\r P/F. Smil HONGKONG STOCKS 102 87 1418 CDL Hotels Intl 87V] V] 644 88V] 87 87'/i 88 1246 Cathay
      2,967 words
    • 660 19  -  By Lim Mui Khi SHARES ON Clob International hardly moved yesterday, but when they did, they went mainly down. Prices fell across the board; the UOB OTC Index dropped 6.36 points to 976.39, while the Business Times Composite Index lost 5.26 points to 1,373.24.
      660 words
  • 958 19 r «gft mtm SMf* i- WWta Wfcti-WW* C ompany Kxpiry/ Coupon Conversion period Interest Conversion term for one ordinary i —fity (S| payable share date Cai»«wjy Loan 1994 6 Dec 31 CauMway Wt 1994 Oct 2, 1989 to Oct 20. 1994 1 warrant plus
    958 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3329 20 MBT TRADING on the Kuala Lumpur stock market continued to be affected by sentiment on the Tokyo bourse yesterday, with prices closing broadly easier in another round of quiet trading. Dealers noted that there was a general feeling of lassitude on the Kuala Lumpur bourse as
      MBT  -  3,329 words
  • BT SHARE INFORMATION SERVICE
    • 474 20 a#pM Stocks Last Full Year COW Mod Mt V ear WEFS Gross Net amowcad mh( (cents) dv profit last year (7000) 8MT Intenm Jan 27 Jun 90 169.6 100.0 516 hataa Final Feb 28 Nov 89 391 10.0 11.728 Tawi ft CFinal Mar 3 Dec 89 1.7371 M*Cavt
      474 words
    • 795 20 Currant Ex Books Date Total for Total tor payment date dose payable the year last year Arino 15%TE Fet> 28 Iter 12 May 15 25%TE 25%TE BAT 90 9%(n) Apr 6 Ape 19 May 3 122 7%(n) 72% Boustead 5% (I) Apr 18 May 4 Jun 7 5%
      795 words
    • 315 20 Company Rights Issue MM One-tor tour fe M$2 40 per share Ei-date Mar 8 Books close: Mar 22 Acceptance Payment May 10 C4C Two-tor five to, S2 10 per share Three warrants tor every 10 existing shares held at 10 48 per warrant Ei4ate .Feb 7 Books dose:
      315 words
    • 178 20 General Secuities Investments Limited: 15th AGM at Function Room, The I Development Bank of Singapore Ltd. 45th Storey, DBS Building, 6 Shenton Way, i Singapore 0106 on Friday, Mar 30 at 11am. Van Der Horst Limited: AGM at 11. Pandan Crescent Singapore 0512 on Friday, Mar 30 at
      178 words
    • 143 20 BT Composite Index ST Industrials Index 1990 Neh 1402 22 (6/2/90) 1990 h h: 1607.12 (27/3/90) 1990 far 1307 35 26/1/90 1990 1489 53 26/1/90 > 1989 Mt *****0 (28 12 89 1989 1487 76 (26/12/89) \X 917 WlS) 1989 1 030.69 (4/1/89) 1988 *h: 1043
      143 words

  • REGIONAL STOCK MARKETS
    • Troubled yen, weaker bonds depress Tokyo shares
      • Article, Illustration
        1173 21 THE BUYING surge that drove Hongkong's main stocks indicator through the 3,000 level on Monday tailed off and the Hang Seng Index sagged 20.15 points to end at 2,990.70 yesterday. "Consolidation I don't think its much more than that, though it is a bit of a shame it dropped
        1,173 words
      • Article, Illustration
        457 21 AUSTRALIA'S sharemarket closed almost steady in extremely listless trade yesterday. The All Ordinaries Index finished 2.4 points off at 1,556.0 after trading in only a six-point range throughout the day. "It's been one of the dullest days for a while, basically in the absence of any factors that might
        457 words
      • Article, Illustration
        677 21 A DEEPLY troubled yen, which slipped below 158 to the dollar, and retreating bond prices depressed Tokyo share prices yesterday but they closed off their lows in rocky, relatively active trading. Sellers overwhelmed buyers despite some afternoon buying focused on electrical issues. "You get the feeling there was a
        677 words
      • 224 21 SEOUL STOCKS fell for the seventh straight session yesterday, with the index ending a quiet market day under 820 for the first time since November 1988. The Composite Index fell 8.88 points to 819.04 with volume sluggish at 181.8 billion won against 194.3 billion on Tuesday. Falls overwhelmed rises
        224 words
      • 94 21 MANILA share prices closed lower yesterday, pulled down by mining issues hurt by the plunge in world gold prices, and profit-taking The Manila Stock Exchange Composite Index fell 9.29 points to close at 1,120.31. The combined turnover at the two bourses dropped to 1.09 billion shares worth 102.30 million
        94 words
      • 231 21 EARLY GAINS on the Thai bourse yesterday were trimmed by selling in the second hour as bargain-hunters moved in to take profits on this week's sharp gains. The SET Index lost 1.72 points to close at 833.11. "The market opened strong but retreated on profit-taking in the second hour.
        231 words
      • 105 21 NEW ZEALAND shares ended slightly higher yesterday on improved turnover after a resurgence of local and overseas interest. The Barclays Index estimate closed at 1,759.34 points, up 7.69. Turnover was 6.13 million shares, worth NZ$ll.9B million from 4.79 million, worth NZ56.35 million, on Tuesday. "I'm sure it will
        105 words
      • 59 21 TURNOVER on the Jakarta Stock Exchange fell sharply yesterday to 2.56 million shares from 5.86 million on Monday, but the Composite Index roae 5.1S points to 601.88, the exchange said. The market was closed on Toesday. Brokers said trading was quiet on the first day of the Muslim fasting
        59 words
      • 68 21 SHARE PRICES in Bombay yesterday rose on expectations of good results by companies for the financial year ending on March 31, brokers said. "Dividend payouts by companies are expected to go up following a change in tax laws," a broker said. "Many companies are also expected to issue bonus
        68 words
      • 351 21 TAIWAN STOCKS closed slightly higher yesterday alter tailing in early trade, but dealers said they were not optimistic about the near-term outlook. The Weighted Index rose 41.56 points, or 0.4 per cent, to end at 10,447.87 compared with Tuesday's 10,406.3 lfia? ish. Turnover fell to NTSBS.7 billion from NTS9I.9
        351 words
  • Page 21 Advertisements
    • 126 21 EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but whtr we don't, you'll know you'll alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots in the dark. Pick
      126 words

  • Futures-related buying helps Wall Street advance
    • Article, Illustration
      947 22 MID-AFTERNOON futures-related buying shook Wall Street stocks out of a stupor and helped launch a late rally on Tuesday. Traders said the dollar's resilience and some residual end-of-quarter commitments by fund managers may have also played a role in the advance. IJd Laux, a senior vice-president at Kidder
      947 words
    • Article, Illustration
      813 22 LONDON share prices were higher in extremely light trading at midday yesterday, as strong buying in the stock index futures market, a steady pound and a good finish on Wall Street Monday combined to pull the market upward. Prices also were marked up following several favourable corporate results released
      813 words
    • 147 22 WEST GERMAN shares reversed early losses to close slightly higher yesterday, as buyers returned to the market to pick up shares cheaply at lower price levels. Early in the session, prices slipped as much as 1.1 per cent, as a wave of uncertainty washed across an already cautious market.
      147 words
    • 109 22 FRENCH share prices slipped lower by midday but trading was very quiet in the absence of fresh factors to stir up the market, dealers said. The CAC-40 index was down 8.59 points at 1,937.40 by 1100 GMT after starting this morninfc little changed at 1,944.22. -L Paris Mar 27
      109 words
    • 223 22 AMSTERDAM Dutch share prices were slightly firmer in thin midday trade, supported by a higher Wall Street close on Tuesday, while ignoring easier prices of Dutch state bonds, dealers said. At 1120 GMT, the CBS all-share index was 0.8 higher at 116.0 points. "Its a dull market, lacking any
      223 words
    • 110 22 ITALIAN shares ended a featureless session with prices little changed yesterday. The MIB Index ended one point down at 982. 'It is a depressing market, without ideas or precise direction,' Said one trader. Milan Mar 27 Lire Am Gen ***** unch Bast ogi 345.25 -1.75 Fiat. ***** -30 Finsider
      110 words
    • 284 22 ZURICH Swiss shares had recovered part of early losses at midsession yesterday but traded about half a per cent under Tuesday's close on what dealers' called a buyers' strike. Volume was low'* 1 and there was an almost complete lack of buying interest. The SMI Index of leading bearer
      284 words
    • 470 22 Brussels Mar 27 Francs FORWARO MARKET Acec 4830 -40 Arbed 5210 -160 Aatur 1480 -20 Brascan 724 -18 Can pec Cock 211 -2 De Beers 750 -12 B». 4220 -10 Gb-lnno-Bm 1256 +8 Gcvaeft 8400 -100 Gr Bru Lamb 3980 unch Hobok Petro ***** +150 Ryl Dutch 2665 -20 Sidro
      470 words
  • Page 22 Advertisements
    • 231 22 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER M AND IN THE MATTER OF PORTLAND PROPERTIES (PTE) LTD (Member*' Veintary UqaldadM) NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Chapter SO that a Final Meeting of the members of the abovenamed Company will be held
      231 words
    • 333 22 SOPAC INVESTMENTS PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company are required on or before the 23rd day of April 1990. to send their names and addresses, with particulars of their debts or claims, and the names and addresses of their solicitors
      333 words
    • 16 22 The Straits Times CLASSIFIED Where buyers and sellers meet Find a used furniture bargain. 1737-11** I
      16 words
    • 41 22 tarn2^ X-W What is the meaning 0f... ALPHABET? «fobcoefgh'jkimn j 1 opqrstuAvxyzl BANDAGE? Over 1,000 words with clear pictures to help your child understand the meaning of words. In the Purnell's Illustrated Children's Dictionary. Available at all good bookshops STP Distributors
      41 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1190 23 FOREX MARKET REPORTS THE US dollar yesterday closed higher against major currencies on Asian foreign exchange markets. But it finished off the day's highs against the yen owing to profit-taking and Bank of Japan intervention. The BOJ sold US dollars at
      1,190 words
    • 389 23 Cross rates Mar 28 USS SS MS Dm Yen SFr AS NZS USS 1.8845 2.7275 1.7140 158.40 0.6167 1.5190 1.3405 1.7301 SS 0.5306 1.4473 0.9095 0.8405 0.3273 0.8060 0.7113 0.9181 MS 0.3666 69.09 0.6284 0.5808 0.2261 0.5569 0.4915 0.6343 Dm 0.5834 1.0995 1.5913 92.42 0.3598 0.8862 0.7821
      389 words
    • 572 23 Interbank rites S$ Bid Offer Overnight 3 15/16 6 1/16 1-month 6 1/4 6 3/8 2-month 6 5/16 6 7/16 3-monmth 6 5/16 6 7/16 Overnight mode: 6 LSI Bid Offer 7 dayi 8 7/16 8 9/16 1 month 8 3/8 8 1/2 2 months 8 3/8 8
      572 words
    • 292 23 Reuter THE Swiss National Bank (SNB) said it sold a total of US$2.3 billion in currency market intervention last year, generally in coordination with other central banks. The intervention took place between January and June, between August and October, and in December, it added
      Reuter  -  292 words
    • 122 23 Reuter EUROPE cannot advance tar towards monetary union as long as sterling is not a full member of the European Monetary System (EMS), Bundesbank board member Claus Koehler said. Speaking at a financial seminar in Frankfurt, Mr Koehler said much still had to
      Reuter  -  122 words
    • 1421 23 a EX FVftftfffttUW Open High Low Sett Est Vol Op/lnt Vol Jun 9< 91.34 91.35 91.33 91.34 5880 ***** 5594 Sep 9( 91.24 91.25 91.23 91.24 1516 5068 1462 Dec 90 91.08 91.09 91.08 91.08 243 2535 121 Mar 9 1 91.04 91.05 91.04 91.04 16
      1,421 words

  • COMMODITIES
    • 388 24 Bernama ESSO Production Malaysia Inc (EPMI) is aiming to become Malaysia's number one gas producer given the fact that the country's gas reserves have been hardly tapped, its chairman Charlie Roxburgh said on Tuesday. He said Esso, Malaysia's largest crude oil
      Bernama  -  388 words
    • 109 24 Reuter THE United States says a Japanese plan to buy foreign rice for aid programmes to needy countries was welcome but Tokyo could not use it to keep its domestic rice market closed to imports. "We will be happy to have Japan
      Reuter  -  109 words
    • 245 24 Bernama MALAYSIA produced 2,958 tonnes of tin-in-concentrates in January this year, an increase of 134 tonnes or 4.7 per cent compared with January 1989's amount of 2,824 tonnes, the statistics department said yesterday. Compared with production in the previous month, this was an
      Bernama  -  245 words
    • 793 24 REPORTS gigou).; '>% Hongkong: GOLD closed higher on short-covering in moderately active trade following New York's firmer close. "More buying orders emerged after the European centres opened and further boosted the metal to touch a day high at U*****.50/376.00 in late trade," a
      793 words
  • 1366 24 WWtW- IWWW1I Rubber Mar 28 S cents/kg Noon Close Ini 1 RSS Prompt l50.Myi5l.50N 150 00/151 00 Int 1 RSS Apr 90 153.50/154 OON *****/153 50 Int 1 RSS May 155.50/156 00 155.00/155.50 Ini 2 RSS OP 150 50/152 50N 150 50/152.50N Int 3 RSS OP *****/147 OON 145.00/147
    1,366 words
  • Page 24 Advertisements

  • THE TRAVEL PAGE
    • 656 25 CHy ngt ETA Fight ETD NmUkM GA975 1135 GA894 2335 *555 QF82 2200 QF81 2045 ktakmim GA975 1135 GA894 2335 Mmm 0A472 0050 MHi QF5 2230 GA525/ 1755 910 S«ri Bagawaa ***** 1100 BI422 1205 BI301 2000 BJ430 2125 Bt429 2030 ■aacM QF62 1135 TG402 0630
      656 words
    • 641 25  -  GOING TO THE EAST BLOC By] Brian F Hayes FROM the East Berlin side of the Brandenburg Gate to Wenceslas Square in Prague, more travellers are discovering Eastern Europe, particularly as the changes in governments there have led to the loosening of visa and
      641 words
    • 152 25 As at 3Dm vesterdjv; Local dollars to oae uait of foreign currency Currencies Bid Offer Australian dollar 1.404 1.424 Canadian dollar 1.587 1.607 NZ dollar 1.075 1.115 Sterling pound 3.045 3.075 US dollar 1.8820 1.8900 Local dollars la 100 mMs of foreign CT«Tri>e> Austrian schilling 15.40 16.40
      152 words
    • 135 25 Duration Title Venue Orpniaer Tel Duration Tide Venue Organncr Td Mar 31. International Ban, Fm Del (39>«<V*****1 Apr 5.23 International Buenos Fundacion (54)1/*****65 Apr 8 Fair for Leisure, Italy Levante Buenos Aires Aires El Libro Sports, Tourism Apr 34 International Hebinlb The Finnish (35SJQM509I Fnt F imviiAiiti
      135 words
  • Page 25 Advertisements
    • 61 25 gk The business person's choice every Tuesday, C. f\ Thunday, Saturday and Sunday. Leaving Changi U Airport at 21:55 hours and arriving at II J different cities in the USA the following day. CmII your travel agent or Air C*tu*U a 732 tiff. A Breath Of Fresh Air Air Canada
      61 words
    • 176 25 SINGAPORE BUSINESS/SAMSONITE SUBSCRIPTION PROMOTION THIS MONTH'S SI LUCKY DRAW PRIZE: Silhouette 4000 Easy $595 each to won Subscribe or renew your subscription now. The first 55 subscribers will get a Samsonite Gentry Mate shoulder bag each worth $60. (For Singapore subscribers only). Subscription rates: "*b 12 issues of Singapore Business
      176 words
  • Page 25 Miscellaneous
    • 203 25 8A ll Rescues post and LmJ .avoids imminent disaster I I i 9 Play school syllabus is a 1 1 I 1 10 Remove the written round Jersey and Gueirn- Bb_^j|(|B|^ 20 Bounder in American in- ~~BB~"BB"~BB telligence unit finds an in- —jnJ LaJ 29 Officer involving everyone »saaa*-™ 31
      203 words
    • 217 25 Singapore OUTLOOK: Fair Report for 24 hour* prior to 7.30pm on Mar 28 at the airport: Max tff 33.6 —Z*25J Assoc humidity 89 Hrs of i—Mac 10.25 Rainfall in nun NO Rainfall this atfa 94J Raiay days thk mth 4 Forecast for the rest of the world: lala. Max/ ■T-Ls
      217 words
    • 26 25 iii",[i sThRTcp /noivms- 1[ OF coursc Nou roosr Be.THe CueL J Vgne wey cpuitessie Buwifeß. VOfcLL,U>€-U., V >*€JuO rPiCG.. J c WWtTAWPOWD eg LTP, IWHW DMA
      26 words

  • 425 26  -  By Anna Teo FROM APRIL, companies can apply for grants to offset the cost of hiring and relocating blue and white collar foreign skilled workers who become permanent residents. Aimed at easing the shortage of skilled workers, the company grant scheme announced yesterday by
    425 words
  • 260 26 AFP FOUR DECADES of multilateral negotiations have done virtually nothing to liberalise trade in farm commodities, says US Agricultural Secretary Clayton Yeutter. The General Agreement on Tariffs and Trade (Gatt) had resulted in substantial progress in freeing international trade of industrial goods,
    AFP  -  260 words
  • 133 26 AP SRI LANKAN President Ranasinahe Premadasa yesterday dissolved the Cabinet as a prelude to appointing a new Council of Ministers. Cabinet spokesman Ranjan Wijeratne said in Colombo that Prime Minister Dinpiri Wijetunga resigned earlier in the day, clearing the way for Mr Premadasa's action. Mr Wijeratne,
    AP  -  133 words
  • 55 26 Ted Mack (above) is no Frank Sinatra but the song M My Way" probably beat describes his philosophy. He is, after all, the first independent to be elected to Australia's Federal Parliament in a quarter of a century. But by the look of things, he
    55 words
  • 172 26 AFP THE ABOLITION of the most-favoured-nation status granted by the US to China in 1980 would greatly damage trade ties between the two countries, said Chinese Foreign Minister Qian Qichen yesterday. He was responding to a question at a press conference in Beijing on plans by
    AFP  -  172 words
  • 156 26 AP JAPAN'S economy will keep expanding in spite of recent stock market plunges and higher interest rates. Bank of Japan governor Yasushi Mieno yesterday described the Japanese economy as the strongest among the industrialised nations. Speaking in Tokyo, he said it was hard
    AP  -  156 words
  • 604 26  -  The Bottom Line Yong Pow Ang The writer is a correspondent on BTs Politics and Economics Desk Nobody can put a finger on the size of our underground economy the illegal food factories, the bookies, the unlicensed backyard car workshops, the hair salons or
    604 words
  • 220 26 Agencies THE LITHUANIAN police have pledged to back the people of the Baltic republic that declared independence on March 11 against the Red Army if need be. The deputy police chief in the central Lenin district of Vilnius, Algirdas Palacka, said yesterday: "If the
    Agencies  -  220 words
  • 128 26 Reuter ARMY COMMANDER-in-chicf General Chaovalit Yongchaiyudh, one of the most powerful men in Thailand, said yesterday that he will join the Cabinet after his early retirement. General Chaovalit, 58, announced his retirement as commander-in-chief of the army on Tuesday. He has been offered the post of
    Reuter  -  128 words
  • 140 26 Reuter INDONESIAN Foreign Minister Ali Alatas is expected to visit China soon, ending a 23-year break in relations. The official New China News Agency yesterday announced the planned visit after talks in Beijing on outstanding debts owed by Indonesia to China. It quoted Chinese Vice
    Reuter  -  140 words
  • Page 26 Advertisements
    • 79 26 SAzchh) (,ciitunc 11 uthei' Collection BR**!; 6ERRUTIIBBIITUM39 MEN'S BOUTIQUES 83U0ITUOa 2*U3M #01 -15 The Paragon. 290 Orchard Road Tel: 235 9655 #02-54/60 Wisma Arna. Orchard Road Tel: 734 9360 #01 -45 Forum Galleria, Orchard Road Tel: 733 1882 LADIES' BOUTIQUE aUpITUOfI '2HJCIAJ #02-61 Wisma Atna,Orchard Road Tel: 733 1886 Cerruti
      79 words
    • 137 26 (sACCWjT) (it iiiiiih < tiihi r "IU i lion A well established locally headquartered shipping company requires highly experienced person for the poeition of Chief Finencial Officer. Applicants, male or female of any age, muat have thorough knowledge of voyage accounting aystem. Since the company has various staff options to
      137 words

  • SHIPPING TIMES
    • PORTSIDES
      • 81 27 CHINA MAY BE reflagging a considerable number of vessels to Cyprus if a bilateral shipping pact, to be negotiated early next month, proves successful. A Cypriot shipping delegation will visit Beijing in April to discuss a reflagging deal similar to what it had made
        81 words
      • 141 27 AFP BRITISH SHIPPING and construction conglomerate P and O said on Tuesday that its taxable profit rose 19 per cent last year over the 1988 level to £376 million. Turnover was up 35 per cent to £4.57 billion, Peninsular and Oriental Steam
        AFP  -  141 words
      • 90 27 Reuter THE US GULF Intracoastal Waterway was fully reopened to traffic on Tuesday morning after a wrecked barge that leaked 750 barrels of oil was removed from the shipping canal, a Coast Guard spokesman said. The waterway, which runs 600 miles along the Gulf of
        Reuter  -  90 words
      • 39 27 Reuter THE PANAMA CANAL COMMISSION, a US government agency, said in its daily operations report that there was a backlog of 32 ships waiting to enter the canal early on Tuesday. Reuter
        Reuter  -  39 words
      • 134 27 Reuter AN OIL SLICK in the North Sea two kilometres long and 100 metres wide was threatening the coast of the Netherlands and Belgium, a spokesman for the Dutch Water Authority said. The slick was centred 20 km off the coast of the western Dutch
        Reuter  -  134 words
    • 159 27 THE PORT of Singapore Authority (PSA) yesterday awarded a ***** million contract to a joint venture between Hyundai and Chuan Joo to construct Phase I of the new Brani Terminal. The South Korean construction company had tied up with locally-based Chuan Joo on
      159 words
    • 237 27  -  By AL O LABITA THE PHILIPPINES is availing itself of a US$4B.5 million loan from the Manila-based Asian Development Bank (ADB) to finance the rehabilitation this year of Manila's North and South Harbours, the country's premier ports. Five construction groups
      237 words
    • 933 27 Poge Column ABC Containerline Thirteen 5 Accord Shpg Ten 3-5 Albatrot Sea-Air Seven 5 A PC line Eight I API fi*e 3-5 AFS Thirteen 3 Arrow line* Nine 5 Asian Express Si* 4/5 ANl Three 1/2 ASCI five I Avont Shpg line Six 3/3 Bolt Canada line
      933 words
    • 302 27 THAI AIRWAYS International has started freight-only services to Hongkong, Nepal, Bangladesh, Scandinavia and South Korea. The move, said the Bangkok Post, is aimed at developing Bangkok's position as a leading cargo gateway to the sub-continent. IndoChina and South-east Asia. These services will provide a
      302 words
    • 435 27  -  By FAUZIAH ISMAIL MALAYSIA will come under tremendous pressure in the 1990s in its pursuit to become a maritime nation. This is because the shipping industry is expected to change drastically in line with changing transportation trends, trade patterns and unpredictable political
      435 words
    • 87 27 Reuter SHIPS WERE UNABLE to enter or leave ports in the Australian state of New South Wales when workers belonging to the Seamen's Union walked off the job for 24 hours. The strike was over the shedding of workers under a plan aimed to
      Reuter  -  87 words
    • 246 27 AP A BRITISH defence official said yesterday that there were no signs that pirates had plundered a British battleship and cruiser sunk by Japanese bombers off the Malaysian coast in World War 11. Lieutenant Commander John J Carter was commenting
      AP  -  246 words
    • 597 28 Seatrade Week AS THE MEDITERRANEAN season opens a new year and a new decade, expectations are high. Early bookings, on more and bigger ships than previously, point to another re-cord-breaking year, with further expansion anticipated in the next couple of years. Leading lights on the
      Seatrade Week  -  597 words
    • 335 28 International Transport Journal THE BUSH administration's j long-awaited report on US transport policy was pub- lished on March 8. It does not contain any i fundamentally new proposals on maritime policy. A i number of measures are en- visaged in order to reduce the operating costs
      International Transport Journal  -  335 words
    • 802 28 THIS twice weekly report compiled by Cockett Merine Oil Ltd. shows price rangee In US dollars inatead of single pricee for a more comprehensive description of the market. Pricee shown are baaed on averagesized stem. Market movements sre indicated. The Cockett Bunker Price Index change and the
      802 words
    • Ships in Port
      • 1799 28 AT CONVENTIONAL WHARVES VhmI Voy No Barih Arrival Dapartura Kaooal WhirvM AndoaoTpcn 06,-90 in <36 oiongixte 28 03, 1800 Atut I K32 oiong$>d« 05 04/ 2300 teriifl Had 2/90 K26 aio*gi*J« 2903/ 1500 WolMtwta 8 KI8 oiongnd* 29 03,0500 Jinhuquo* 3 00 along «>d« 31.03/ 1830 Koia Mom E-842
        1,799 words
      • 236 28 Port Klang South Port Tomoe 565 berth 1; Soon Hoe berth 2; Boxing Hai berth 3; Hong Hing berth 4; Seng Leong berth 5; Kin Line No 1 berth 7 A KCT: Ragna berth 8; Maersk Farco berth 9; Anaon berth 9; Eagle Dawn berth 10 North Port Jenwin
        236 words
    • 1009 29 DRY CARGO freight rates continued to fall on Tuesday and look set to remain on their downward trend in the near future unless the Soviet Union enter the market for a substantial tonnage. brokers said. Business included heavy grain from the US Gulf to Japan at US$26, basis
      1,009 words
    • 6111 34 AARHUB Toklo Enpreta Trior. March 29 Anna Maerak Maerak Line. March 28 Kutal. D|aaagetri. March 31/ April 4. Noraaia Al Muntazah. Nora•ia/SeaLand. April 1. Ever Gallant Evergreen. April 2. Ming star. Yang Ming Una. April 3 Korrlgan. ScanOutch. April 4. Villa da
      6,111 words
    • 3123 35 Who acts for whom A —B tow* Mn Accord Shpg PM Ltd (8)/Accord Contr Line (M) Sdn Bhd (PK)/Accord Cootr Line (PO) Sdn Bhd (PN) ABC OMalntfMl MV KYC Una (3)/Renown Shpg (PK/PN) Adkrie tmlwii CerporM*n MMpplna Cd**yrc* Mm A Trdg Pie IMA Ahranfcld Um> liwUi Kim Shpg A Trdg
      3,123 words
    • 302 40 HONGKONG'S shipping register will continue to maintain high standards for safety at sea and the protection of the marine environment, says the Director of Marine, Mr Michael Sze. According to the South China Morning Post, Mr Sze told a meeting of
      302 words
    • 202 40 Reuter PRAYERS, ROSEWATER and Pakistani Prime Ministsr Benazir Bhutto were not enough to get the You Yi-20 into the water on Tuesday. The 17,300 deadweight ton bulk carrier was built in Pakistan for China at a cost of U5544.5 million. With champagne
      Reuter  -  202 words
    • 96 40 MISS YU LEI SHA (above) from Kowloon became the first female graduate from the Seaman's Training Centre in Hongkong when she recently completed the four-month Seafarers Training Course. Having qualified as a Junior Motorman, Miss Yu, 22, left Hongkong on March 22 to join her first ship
      96 words
    • 245 40 THE CONTSHIP GROUP of the United Kingdom has announced the signing of a joint venture agreement with the Gallozzi Group to build a new container terminal in the port of Salerno, Italy. The investment cost of building the terminal
      245 words
    • 213 40 Reuter ON THE EVE of the spring opening of the St Lawrence Seaway on Tuesday, Canadian shippers were asking the government to parcel out some of the Coast Guard's functions to the private sector to help lower costs. Shipping groups said they
      Reuter  -  213 words
    • 558 40 Feb ft-Apr 20 SFFA Standard Trading Conditions gives an oversll perspective of those conditions, conductod by tha Blngapora Fralght Forwarders Association. Tha Manager, SFFA, 7800 A Baach Road, #13-314 Tha Plaza, tal no Ho<o<g Fab 7-Jun Saa Transport covers transport gaogrsphy, Knar sod tramp shipping, conducted by tha
      558 words
  • Page 27 Advertisements
    • 31 27 How to look after and model. Available wHy at mqjor STP Distributors bookshops and ntws-stands For advertising and circulation anqulrlaa, please call Business Times, Tel: *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD
      31 words
    • 19 27 Lines and services represented by Members of the Registry of Accredited [JifiCSg'M Shipping Agents, Singapore National VvRSsBP'/ Shipping Association.
      19 words
    • 315 27 \wm ords i Avmtobh at good bookshops ■II Federal PutoMcetlora [Inside Cruising the Mediterranean LEADING LIGHTS on the Mediterranean cruising scene believe that, after half a decade of ups and downs, cruising in Southern Europe and the Med has re-established itself. Indeed, there are confident predictions that by the end
      315 words

  • Page 28 Advertisements
    • 74 28 TO ALL OUR VALUED CUSTOMERS RIIS Shipping A/S Svendborg is a very specialised carrier for class one and any project cargoes. Having a total of 6 self-substained vessel (average, two years old each vessel). We can accept cargo to almost any destinations. For more details, please feel free to contact:Mr.
      74 words
    • 85 28 Contact talaphona numbers (Tan)ong Pagar Terminal) Wtlon 1 Section 2 Section 3 t.l«phon« Uf* t^phoo# CI *****30/*****93 C 4 32.1724 2 5115 3 CIN *****30 C 5 —*****43/3211.45 C» *****04 CIS ******2 C4N-311H43 C.O 321.370 C 2 *****51' *****63 CSS *****45 CI2 *****54/*****42 C2N *****53 a *****3» *****41 CI2N *****42
      85 words

  • Page 29 Advertisements
    • 2066 29 I ZT \lll#/ 200 Cintonment Road #12-05 Southpotnt. Sinppore Q2ol H TO *****11 TELEX NO RS ***** fMlliaij TERMINALCFS Tai *****18 220 I tMvMJ I BOOKINGS Tel *****34 235 L VAy PESAKA JAROINE SNIPPING AGENCIES SO* BHD PORT KELANG TEL *****1S TELEX NO MA*****/MA***** SSZS PENANG TEL *****4 TELEX NO
      2,066 words
    • 1949 29 Veeeei Voy I ETA ETD 'Port 'Peneng 1 DESTINATIONS Singapore Keiang nm Mar it M Ctoomg Tuna Feeder by 2^Z *2/4°^oo M OAK LOB MOO MEM ATL MIA CHB BAL PHL WYC MOW MARIT M 9004 3/4 4/4 tn Pi 131/3 21/4 2\* 26/4 27/4 104 i*~ 2/S 4/5 7*
      1,949 words

  • Page 30 Advertisements
    • 1076 30 ROTTERDAM/ VQY NO 3 PORE P KELANQ SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKKD EXPRESS 92/536 29/3 23/4 17/4 1«/4 18/4 22/4 TOLAGA BAY 08/540 4/4 8/4 24/4 2«/4 28/4 29/4 1/5 ALASKA MARU 10/543 10/4 12/4 30/4 2/5 4/5 5/5 7/5 TOKYO BAY 97/542 12/4 7/5 1/5 3/5 30/4
      1,076 words
    • 689 30 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT CAPE MALEAS 25/4 6/5 8/5 15/5 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO CAPE MALEAS 25/4 29/5 1/6 4/6 6/6 AfMflts: SINGAPORE: *****00 ci a v a BOOKINGS: *****08 NORTHBOUND TO UKC IS PORE I ROM/ADAM HBG MULL(U K.) IVYBANK
      689 words
    • 1431 30 H' »w*Amx& REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE T VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA W A ALG) HAM) ROT) NORASIA AL MUNTAZAH 9004-3 01/04 06/04 17/04 21/04 23/04 25/04 26/04 2704 2MJ4 29« M NORASIA SAMANTHA 9005-3 06/04 11/04
      1,431 words

  • Page 31 Advertisements
    • 1676 31 Steamers Maritime Holdings Ltd pjfc-0 fl| IV STRAITS SHIPPING M. ■——i «i-i 1MfSfili 18 DTiitfl, US! MlliyStS, WS^Containers MJw S port PKlanf S tall H'burf B'haven R dam Leh KNAVON 2MD 30C3 17,04 19/04 21*4 22/04 24/04 CARGO TONtO EXPRESS 2*03 1210* 17,04 U/04 14,04 21/04 MERCURY PEARL VQ2E Kuch.
      1,676 words
    • 1927 31 TO: EUROPE TO: FAR EAST SP LN ROM HAM BRE FIX SPORE HK KAO BU CHOYANG PARK 007W 2» 3 15/4 14,4 17/4 19 4 20 4 HANJIN TONGHAE 072E 31/3 3/4 4/4 10/4 HANJIN OAKLAND 007W 31/3 11/4 19/4 20/4 22/4 23/4 HANJIN ROTTERDAM 007E 2/4 5/4 4/4 121*
      1,927 words
    • 26 31 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 16/4 KARACHI «fMk SHIBUSAWA UEISHM N.T.Y TRANSPORTATtO* CO. (PTC) LTD. Tot 2231*22 tie M ***** Far 225*524
      26 words
    • 327 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL SEKI COSMIC AMBALIKA MATSUYAMA PIONEER VOY. NO VB3 4 54 Spore 31/3 31/3 10/4 P Kelang 3/4 Penang Hong Kong 5/4 Yokohama 14/4 Nagoya 12/4 Osaka 10/4 Senboku Kashima Funabashi •For Discharging Only VOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG.
      327 words

  • Page 32 Advertisements
    • 662 32 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD F.T. SAMUOCIIA INDONESIA P.T. TRIKOHA LLOYD 5 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSMIP SERVICE VSI./VOY S PORE R DAM/ H BURG BREMEN ANTWERP AOAM KUTAI IMB 31/3-4(4 4/S W 30/5 13/5 &PANJANC/25W8 15-H.4 13/5 17/5 20/5 22/5 MATARAM/2SWB g-2t,4
      662 words
    • 818 32 16ft HANJIN SHIPPING I yy FULL CONTAINER SERVICE SBftuu [Tl«S5b CHOYANG SUCCESS 00W 7/4 I 25/4 26/4 27/4 29/4 30,4 ffi'*JaZuSfteT M N KUNSAN H i M HANJIN TONC HAE 073W 14/4 2/5 3/5 4/5 6/5 7/5 CHOYANC CHANCE MK M M U,,SA 0511 4/5 M HANJIN ROTTERDAM IMW 21/4
      818 words
    • 60 32 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 Jeddah, Limassol F.S. SHAN 29/4 Alexandria, Tripoli/Lebanon F.Y. SHAN 09/5 Beirut. Lattakia S. SHAN 10/4 Lagos. Matadi LEUVE/9120E 30/3 Madras EXPRESS CONVENTIONAL SERVICE Vessel SIN Loading
      60 words
    • 1444 32 d IH I PKL SCP HKC KSC KL6 PUS NKT OSK TYO ML LMV ANM ROM FIX HtC «P I EVER GENTRY IW 31/3 4/4 4/4 7* U/4 1« IV l)/( 1« M M Si V WJJ I EVER GATHER 7* 11/4 I*4 14/4 17/4 U« W 1» »J t
      1,444 words

  • Page 33 Advertisements
    • 1258 33 PACIFIC INTERNATIONAL LINES (PTE) LTD mSSSSmm B U Jbv PIL Building, 140 Cecil Street #03-00, Singapore 0106. 1 JAKARTA I I BANGKOK I VESSEL VOV SIN J'KT SIM VESSEL VOV SIN BKK SIN DELTA MAS 1408 31/3 2/4 7/4 KOTA SINOA 00N 31/3 SM 7M HAI GUANG 2758 3/4 S/4
      1,258 words
    • 1129 33 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 RDAM HAVRE Benavon Sailed 29/3 17/4 19/4 21/4 22/4 24/4 Tokio Express 29/3 23/4 17/4 19/4 16/4 22/4 ToJaga Bay 5/4
      1,129 words
    • 516 33 tegfe MYANMA pik FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Penang Bangkok MERGUI V/9BW 23/30 MAR PATHEIN V/100W 25 Mar/1 APR PAGAN V/54W 31 MAR,7 APR MYOMA TWA VI2SW 21/31 MAR HPAAN VIUW 4/i Apr THE BANK LINE (A service of Andrew Weir Shipping) SEMI-CONTAINER
      516 words

  • Page 34 Advertisements
    • 553 34 11l J I k A Mlmml IRANIAN SERVICE Singapore Loading for:IRAN TEYFOURI 2/4 Banda Abbas (National Line 01 Mexico) U.S. WEST CO AST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKG LI ENSCNAOA L CAROCMAS S.CRU2 MAN2ANIILO TOLUCA VK 22J4 24/4 2114 2fi ■TAL V 24 M IIS 13/5 QAXACA «U ll|l W W
      553 words
    • 354 34 HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA USA 1 TO PSW SIN HKG IBH OAK SEA FROM PSW IBM OAK SCA HKG SIN HYUNDAI EXPLORER 30C !W OW 2W I*o4 2504 HYUNDAI CHALLENGER 31W 2W 0103 04*3 WO3 ?9«3 HYUNDAI COMMANDER ISC 07W 1W 30/01 W OMB HYUNDAI INNOVATOR
      354 words
    • 270 34 CCNI# Compart 1a Chiiena dt Navejacion inicrocranica S.A. TO SOUTH PACIFIC PORTS SIN POM LAE SUV PPT CAPE MALEAS 25/4 6/5 8/5 15/5 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO CAPE MALEAS 25/4 29/5 1/6 4/6 6/6 AGENTS B BORNEO SHIPPING PTE LTD MAS BULDMG 915-03X37 LMLLfMII 10SHENTONWAY.
      270 words

  • Page 35 Advertisements
    • 789 35 Th« compUt* Shipping List will b« published tomorrow MjßSßss InterCoa MANITIMK ITK I.TII FCL/LCL TO: TAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG 1/4 TOKYO 5/4 LE HAVRE 2/4 LAUTOKA —13/4 KEELUNG 1/4 YOKOHAMA 5/4 ROTTERDAM 2/4 SUVA —13/4 MANILA 2/4 KOBE 5/4 UK PORTS 2/4 BANGKOK 7/4 istrai IA HAMBURG
      789 words
    • 636 35 JT Nedlloyd we GIVE YOU THE WORLD Mj^Vfl Nedlloyd Lines vtlLj/^ I IST*"""? war ar S-, v°(r- ifr r""' r" -F ~~ir N Roch«s!ef'9oo6 11 4 14/4 11/4 11/4 13/4 11/4 1/S *5 W g *g Its 21* 22S 23/5 N Rouf-o-MO? 2S/4 21/4 2*4 27/4 2/5 15/S 22/S W
      636 words

  • Page 36 Advertisements
    • 1168 36 v N. AMERICA-ATLANTIC COAST laiiUllli VOY *INOO '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 BRIDCE 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
      1,168 words
    • 687 36 BOOKING CONTACT [yr NA H SS&" Ipn.r«..Nj." "!IJpENANQ BANGKOK [jT TW.CE/WKLY OOOKJNO CONTACT r— ————i w r— 8J8&" HONG KONG KAOHSIUNG KEELUNG IQYCEIJUOY -A, TWICE/WKLY Wsm feUSAN MANILA NACOYA ]§Sgjfc SERENE/SITI [J' f— ROOKING CONTATT f w B| W I.'°"'-?. I OSAKA I. "'"ll TOKYO 1 SITI/SERENE ™ICEJWKLY ,t ROOKING
      687 words
    • 216 36 (Continental Pacific Shipping r TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU SPORE PK LOADINC FOR TAIPAN Sid Sid RDM/ANT/FIU/UK ARTEMISION Sid SCTE/ROII/AIIT/FIU/UK BYRON V 7M 12/4 1W ROM/ANT/fIU/UK loads Sabih/lndonMia MULTIPORT AGENCIES (S) /On PTE. LTD. I V TEL: *****77 FAX: 225M31 lV P.K. MULTIPORT SON BHD TEL: 3M2MM TLX: MA
      216 words
    • 598 36 f GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23, Totofc Aytr Stroot SINGAPORE 0104 1 TEL: SM3M (10 LINES) Fax: *****04 STRAITS/PERSIAN GULF Sf R VICE: p K#(#nf I GOLMN HAVE* Cotanbo/KaracNi/Dutioi (N Apr GOLDEN MAM Catanto/Karacte/Outoai 2V21 Apr CHINA SERVICE A VESSEL Hdkm M« BAI TU» SMAN Huanpu/Furtov In
      598 words

  • Page 37 Advertisements
    • 1786 37 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Ss Bookings: UK/EUROPE *****19, AUST/INDIA/PAK *****18 X/V 0 USA-*****16, FAR EAST *****48 Documentation: *****44/*****14 Ml4l Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 /X NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang *****87, Penang-*****0, J.Bahru-*****3, *****4 WfDXSIWO. PCN P«<- MOTHER »SL/>Ot SO,
      1,786 words
    • 1203 37 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD I SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS 213 MRS ***** RS ***** 3ms HA! TWOWC SHIPfING 127 Street. Pwm, Mt(m &&vSSh Lu-,r y Bw<dw> WHtl Kitfil Lumpur
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  • Page 38 Advertisements
    • 771 38 r^nSR— L| E DSR LINES I VEB DEUTRACHT/SEEREEDEREI ROSTOCK I INTEGRATED CONTAINER SERVICE I SI MEMBER OF EACON SERVICE I Acc TO EAST MEDITERRANEAN I NORTH CONTINENT EUROPE I JJJ I HU OUTBOUND SIN *LCA ANT RDM HBG RST E. THAELMANN 2/90 04/04 14/04 27/0* 27/04 29/04 03/05 I 1
      771 words
    • 1027 38 UKC CONVIHTIONAI «VKI «mI P KLG PNC P C Loadiflf for INGCHUAN 30/3 Rottortom/Antwom kNCCHUAN 21/4 Rotterdam/ Antwp CHINA rULt COWTAD4— CTMVICE AMI PKL PNG SPORE BKK HKC SHA QIN LYC El HE SO 27(3 2V3 31/3 1/4 10/4 kNG FANG KOU 125 31/3 29/3 5/4 11/4 19/4 20/4 xoptini
      1,027 words
    • 272 38 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETO LOADING FOR DELI INDAH 29.3.90 30.3.90 PANJANG/PK BALAM NAGA JAYA 2.4.90 4.4 90 PANJANG LAMPUNG JAYA 4 4.90 5.4.90 SEMARANG/PANJANG PINANG JAYA In Port 29.3.90 PANJANG/PK BALAM PERITA JAYA In Port 30.3.90 PANJANG/JAKARTA ABADI JAYA 5.4.90
      272 words
    • 564 38 w i=Tl V£CA\ POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-I-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK o a <iaiETD SINGAPORE :'B/4, 13/4, 22/4, 29/4, 12/5, 16/5 I EUROPE j:
      564 words
    • 573 38 I Vfl 21 jci [I] g Fii CI fj kNiillil y»». ASEAN PORTS I Ngow Hock Agency Co Ltd BKK (Tel: *****80) [vera [vot 1 ntWAFOit 9*m*m Isißl BHUM 441N Thuf I In W Sun 1/4 J IPIYA BHUM agl Sat 31/3 Tut V* JIM BHUM 02N Sat 31/3 Tw
      573 words

  • Page 39 Advertisements
    • 844 39 SHIPPLNu T1M125, mnrawy ws»reu EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTQ 30/3 5/4 AVSL 2/4 8/4 AVSL 3/4 9/4 A VSL (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 A VSL 29/3 Port Suez/Port Said/Alexandra EAST MALAYSIA SHIPPING
      844 words
    • 214 39 :'4 tkM ACCEPTING FCL AND CONVENTIONAL VESSEL VOY 3^J, E LOADtNQ F ISoiwET "i»55 »W OARCSSALAAM .'i J,B<XJTI AMOINET WB assab massawa hooeioah yuou? 4WB daressalaam momsasa. W.BOOT, ABBAV WOW iUaAB massawa. hooeioah Q MEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL
      214 words
    • 594 39 tafc-P T. MASKAPAI PELAYARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDM SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTPSRE, INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SmOAPOftg IWOONBWA SWIVtCi VSL VOY SIN JKT PAJ SIN
      594 words
    • 649 39 ll'lfl BAY OF BENGAL SERVICES MADRAS CALCUTTA itmu wt tin METTE RIIS 02N* 01/4 07/4 13/4 METTE RIIS 03N» 13/4 10/4 25/4 MEETE RIIS 04W0 2S/4 31/4 00/S METTE RIIS 05N10 OS/5 12/5 11/5 MEETE RliS 06W0 11/5 25/5 02/6 METTE RIIS 07N0Q 025 6 16/6 VESSELS VOY SIN CCU
      649 words
    • 360 39 TO AUSTRALIA/NEW ZEALAND I ya. a"*"* ammu m »5 aS a* w* c vuouk m ai* w *5 jj* AirrwttnN w uH T55 an ®s v» tiit cxphess w H W w V Alto accepting cargo to:AUSTRALIA AdaUte. Bri*ban« NEW ZEALAND Rtotllntton, Nipwr, Christchurdi TO USA/CANADA «L |11. (MMMIOTHHWI jWrtw
      360 words

  • Page 40 Advertisements
    • 1079 40 Itatafr.. IVo, PNGIPIU |IMh«r Vaual |Voy SIM I LAX |0A« IWXJ IML IMI NO* MEM NYC SSSmIS'L Mom SERVICE CALLS bunga kemuninT v.m -w_ alligator prioe v ita* v* m* om_ m_ a/4_ »4_ »4_ SINGAPORE BUNGA KEHUNINC V.M2 1/4 ALLIGATOR FORTUNE V.332M 1/4 *4 3g _1/S_ _W_ 2/i _W_
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  • Page 40 Miscellaneous
    • 145 40 1 Sot not Regional Weather sr~ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCH 20. LEGEND R Thunderstorm Temperature c X\ Sho er Weother —Wind direction with speed m knots Ro,n Wove height Cloudy Sky Surface winds are indicated by arrows which fly with the wind Q One
      145 words