The Business Times, 30 March 1990

Microfilm: NL16960
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 170/12/89 Friday March 30 1990 75*
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  • NEWS SUMMARY
    • Article
      Li Ka-shing firms chalk up impressive profits
      60 1 TWO KEY COMPANIES in the stable of Hongkong magnate Li Ka-shing reported handsome profits yesterday. Cheung Kong Holdings said its net profit rose by 33 per cent from a year earlier to HKS2.7B billion (US$356 million) in 1989. Hutchison Whampoa announced a 30
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    • Article
      NMP Bill passed
      22 1 THE NOMINATED MPs Bill, which aroused a lot of controversy among MPs, has been passed by Parliament. Page 2
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    • Article
      Trader wins PNG deal
      35 1 A LOCAL trading company has won a contract to market coffee from Papua New Guinea, a deal which would bolster its plans to qualify for Approved International Trader status Page 2
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    • Article
      Jakarta crackdown
      18 1 INDONESIA is getting tough on private companies which fail to pay the minimum wage Page 7
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    • Article
      Japanese seek raise
      32 1 JAPANESE WORKERS are hoping that a labour shortage and recent high profits will help them win bigger pay raises and other measures in next month's annual negotiations Page 8
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    • Article
      British plan approved
      29 1 BRITAIN'S plan to privatise its electricity industry has cleared a major hurdle. The European Commission has authorised London to aid its nuclear power sector Page 9
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    • Article
      Out on a limb
      39 1 AFTER NUMEROUS portrayals of handicapped people with the disposition of saints, along comes My Left Foot, a movie that isn't afraid to show that they can be just as nasty as normal people Page 19
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    • Article
      Joint venture forged
      27 1 TANK CONTAINER repair and maintenance firm Visualcraft Engineering has forged a joint venture with chemical waste treatment specialist Chem-Solv Technologies. Shipping Times Page One
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  • MARKETS SUMMARY
    • Article
      Dow Jones down
      27 1 Wall Street stocks opened lower early yesterday, with the Dow Jones industrial average down eight at 2735. Declining issues led gainers by almost two-to-one.
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    • Article
      Footsie down
      31 1 At about 1100 GMT yesterday, the Financial Times-Stock Exchange 100-share index was down 6.8 points, or 0.3 per cent, at 2,268.2, its session minimum. The morning peak was 2,276.3.
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    • Article
      Mixed fortunes
      24 1 HIGHER FUEL and labour costs caused profits to stagnate at SBS, but at rival Tibs they caused a slight dip Page 3
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    • Article
      Jurong Shipyard afloat
      22 1 WHILE IMPRESSIVE, Jurong Shipyard's performance was not as spectacular as those of its rivals Keppel and Sembawang. Page 3
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    • Article
      Boost for Bousteadco
      22 1 BOUSTEADCO's strategic shift towards higher valueadded areas resulted in a SI per cent increase in after-tax profits Page 3
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    • Article
      Prosecution possible
      35 1 AT LEAST half of the 21 firms raided by the Malaysian central bank in January for allegedly conducting illegal foreign exchange transactions are liable to be prosecuted, says Bank Negara's chief. Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 791.21 -6.68 Kuala Lumpur .3,071.83 -31.09 Hongkong 3,000 +10 Tokyo 31,026.16 -237.41 Sydney 1,545.8 -10.2 Wednesday Change New York 2,743.69 +6.75 London 2,275.0 +8.80
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    • Article
      CURRENCIES
      23 1 Exchange rates US$ S$ 1.8860 Yen (100) SS 1.2017 MS SS0.69I2 Money market rates Overnight 6 1/16% +2/16 3-month 6 5/16% unch
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    • Article
      COMMODITIES
      35 1 London GoM AM fix USS370.75 -US$2.55 Rubber S'pore April. 153.00*/kg unch M'sia April... 225.50*/kg -1.00 KL Tin Turnover 275tonnes +45 Spot M$17.44/kg +0.20 Crudo palm oil futures Turnover 1,599 lots 1202 April M$677/tonne -15
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  • Article, Illustration
    Daim endorses economic cooperation
    438 1  -  By Kenneth James MALAYSIAN Finance Minister Datuk Paduka Daim Zainuddin yesterday strongly endorsed Asean economic cooperation, saying this was necessary in the face of momentous political and economic changes worldwide, and could provide a common front against adverse effects of the economic influence of industrial countries.
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  • Article
    S'pore brokers stand 'better chance'
    194 1 MALAYSIAN Finance Minister Datuk Paduka Daim Zainuddin yesterday said Kuala Lumpur would consider applications by Singapore stockbrokers wanting to take a stake in KL broking firms. Such applications would not be ruled out, the minister said. In fact, Singapore companies stood a "better chance" than
    194 words
  • Article
    Local yard clinches $160 m tanker deals
    310 1  -  By Jean Foong ARGOS Engineering, a Singapore subsidiary of Hong-kong-listed Chung Wah Shipbuilding and Engineering Group, has clinched a blockbuster series of contracts worth about Ssl6o million to build nine tankers for foreign shipowners. Chung Wah, one of Hongkong's largest shipbuilders, bought the
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  • Article, Illustration
    Retired banker donates art collection to HK museum
    360 1  -  From Catherine Ong in HONGKONG A RETIRED Singaporean banker has donated what is considered the most important collection of Chinese paintings outside China and Taiwan, and valued at, at least HKS6OO million, to the Hongkong Museum of Art. In bequeathing the 400
    360 words
  • Article
    Lock icon Bank Negara voices inflation fear
    178 1 Reuter MALAYSIA can expect surging economic growth this year having weaned itself off a dependence on commodities and diversified into manufacturing, but inflation is causing concern, the central bank said yesterday. Gross domestic product (GDP) is expected to grow a real 8.3 per cent in
    Reuter  -  178 words
  • Article
    US dollar falls against yen in sharp reversal
    153 1 THE US DOLLAR yesterday suffered a sharp reversal during Asian trading hours, shedding two yen from Wednesday's New York close. Tokyo's volatile share market ended weaker but prices were well above the day's lowest levels. Intermittent US dollar sales by the Bank
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  • Article
    Lock icon Suharto orders share rules
    156 1 AFP INDONESIAN President Suharto yesterday summoned several cabinet ministers and ordered them to draw up rules to back up his call for businesses to give cooperatives part of their shares. Mr Suharto was quoted by State Secretary Murdiono as saying that he viewed the response of
    AFP  -  156 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      202 1 gag r Wedding Package m|| HB $220.00 nett per table SsH FREE FLOW of stout, beer, soft drinks etc. (Min. 10 tables) Hong Kong Dian Xin Ml No I Yuan Ching Road (above Jurong Bowl) Rl I \Singapore 2261 Tel: 268 4511 268 9906 HM JAPAN SET TO DO IT
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      Page 1 Advertisements Column 2
      10 1 Interview, Pg 13 More reports on Pgs 6 and 11
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      Page 1 Advertisements Column 3
      57 1 I IMFUiMQ) I I IU x —z u v s MINOLTA Quadruple Zoom-*-Auto Two-Color. Analysis, Pg 11 Warning on competition, Pg 16 More reports on Pg 7 and Back Page 1.-- <» r- VPHP AT A. TESTONI BOUTIQUES #01-15/16 Hilton Hotel Shopping Gallery Tel: *****55 #03-28/29 Mandarin Hotel Shopping Arcade
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Two sub-commissions for the PSC
        95 2 THE Public Service Commission will be expanded to 14 members, and two sub-commissions for education and police, civil defence, and defence will be created under the Constitution of the Republic of Singapore (Amendment No. 2) Bill, which passed a third reading in Parliament yesterday. Finance
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      • Article
        $76m for two parks
        94 2 SOME $76 million will be spent to develop the Botanic Gardens and Fort Canning into world-class educational and recreational parks, National Development Minister S Dhanabalan said yesterday. Speaking in Parliament on the National Parks Bill, which passed a third reading, Mr Dhanabalan said the government had
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      • Article
        Co-ops to contribute more
        120 2 COOPERATIVES will have to contribute a greater share of their surpluses to the Central Cooperative Fund or Singapore Labour Foundation under an amendment to the Cooperative Societies Act which Parliament passed yesterday. Under the Cooperative Societies (Amendment) Bill, 5 per cent of a cooperative's first $550,000
        120 words
      • Article
        Scottish trade mission due
        97 2 A TRADE MISSION from Scotland will visit Singapore next week. During the 13-member team's five-day stay, they will have discussions with their local counterparts in several industries including oil products, packaging machinery, printed circuits, textiles, diamonds, dairy produce and on-line databases. Members of the mission are
        97 words
      • Article
        Executives to make study trip
        85 2 SOME 40 chief executive officers and senior managers from Hongkong's electronics, plastics and metalworking industries will visit Singapore on a study mission. The mission, from April 8 to 14, aims to get first-hand knowledge of Singapore's manufacturing industry as well as to set up contacts
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    • Article
      NMPs: Goh ready to lift Whip
      420 2  -  By Martin Soong FIRST DEPUTY Prime Minister Goh Chok Tong told the House yesterday that he is prepared to lift the Whip in future Parliaments voting on resolutions to include nominated MPs, an assurance backbench leader Dr Arthur Beng welcomed as "magnanimous." Replying to
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    • Article
      Boiling Bros clinches coffee contract
      320 2  -  By Lilian Ang LOCAL trading company Boiling Brothers has clinched a contract to distribute and market coffee in this region for a Papua New Guineabased company, Panga Coffee Factory. The three-year contract is expected to add $50 million to $60 million in terms of annual
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    • Article, Illustration
      Rasa waits for the wreckers
      360 2 THE DEMOLITION of Rasa Singapura food centre will begin soon and its hawker stalls, popular with tourists and Singaporeans, will find a new home at the Bukit Turf Club (BTQ. Rasa Singapura and the adjoining Singapore Handicraft Centre, which will be levelled later, is owned
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    • Article
      Marina club meets good response
      240 2  -  By Walton Morais CLOSE TO 80 per cent of the 1,000 Raffles Marina memberships offered by invitations only have been taken up. Club officials said response to both the transferrable corporate and individual memberships in what will be Singapore's first marina and recreational club has
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      289 2 you drive, the only rCV lutK>narY new brakmg system our high-end thought more frightening than M e Anti-Skid Braking System, or ABS, lg an bringing harm to someone else. I Every time you apply the brakes, Nissan's ABS And it's not far-fetched imagine instantaneously monitors the rotation of your wheels,
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      MARKET SUMMARY 1
      286 3 Other indices Close Previous Net change Mar 29 Mar 28 BT Composite 1366.16 1373.24 -7.08 BT-MGA 791.21 797.89 -6.68 ST Industrials 1594.21 1605.16 -10.95 BT OB/OS -115 +31 -146 BT CADI -5472 -5384 -88 BT 10-day MA -5378 -5366 -12 BTOBV +*****09 *****51 -***** ST Finance 2631.47
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    • COMPANY BRIEFS
      • Article
        Ming Court proposes bonus
        56 3 MING COURT Hotel's group after-tax profit slipped 17.3 per cent to $2.36 million on a turnover of $19.71 million for the year ended Dec 31, 1989. EPS is 13.02 cents while NT A per share is $10.51. Directors recommended a one-for-five bonus issue and a final
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      • Article
        Central Properties profit down
        67 3 CENTRAL PROPERTIES posted a 13.8 per cent drop in group net profit after tax to $4.35 million on a 52.2 per cent decline in turnover to $3.76 million for the year ended Dec 31, 1989. Pre-tax profit decreased 13.7 per cent to $6.8 million. EPS is
        67 words
      • Article
        Singapore Re earnings up
        46 3 Singapore Re last year recorded a 28 per cent rise in after-tax profits to $5.9 million. Pre-tax profits climbed 26 per cent to $8.4 million while turnover grew 17 per cent to $54.2 million. A dividend of 10 per cent was declared.
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      • Article
        Little change at National Iron
        42 3 NATIONAL IRON and Steel Mills made a gain of 1.4 per cent in group after-tax profit to $41.41 million on a 16.2 per cent increase in turnover to $523.01 million for the year ended Dec 31, 1989.
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      • Article
        Wing Tai's interim results
        41 3 WING TAI Holdings made an interim gain of 0.4 per cent in group after-tax profit to $5.05 million on a 13.7 per cent rise in turnover to $63.94 million for the six months ended Dec 31, 1989.
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    • Article
      Bousteadco's strategy change pays off
      312 3 BOUSTEADCO Singapore Ltd's strategic shift towards areas of higher value-added and sustainable growth has resulted in improved annual results for 1989. Group profit after tax and minorities rose 51 per cent to $5.74 million for the vear ended Dec 31, 1989 from $3.80 million in
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    • Article
      Upgrading disruption pulls down UPP profits
      181 3 DUE TO a reduction in production capacity, paper manufacturer United Pulp and Paper Ltd's (UPP) profits were lower for the year ended Dec 31, 1989. UPP announced yesterday that profit attributable to shareholders declined by 23 per cent to $2.67 million while turnover fell
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    • Article
      OCBC's rights issue skewed against the small shareholder
      614 3  -  THE HOCK LOCK SIEW COLUMN By Amy Balan OCBC Bank shareholders yesterday responded to their company's latest cash call by selling its shares and warrants. It takes little to imagine why. Firstly, the $300 million cash call is a complex issue made
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    • Article
      SBS profits stagnate, Tibs' dip
      525 3  -  By Elaine Koh HAMPERED by higher fuel and labour costs, Singapore Bus Service managed to merely maintain its earnings last year with the help of investment income, while Trans-Island Bus Services showed a slight drop in net profit. SBS made a net profit of $49.93
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    • Article
      Jurong Shipyard posts 31pc rise in profits
      378 3  -  By Abdul Hadhi TAKING ADVANTAGE of the upturn in the ship»repair industry, Jurong Shipyard Ltd has turned in impressive but not spectacular results for 1989. Jurong's group after-tax profits for the year ended Dec 31, 1989 rose by 31 per cent to $33.89
      378 words
    • Article
      Profits up at S'pore National Printers
      313 3  -  By Magdalene Ng THANKS TO a strong Singapore dollar and lower interest charges, Singapore National Printers made a gain of 41;' per cent in group net after- tax profit at $4.67 million last year. Turnover grew 15 per cent to $46.5 million for the
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      194 3 «Mi j- CV j^gee^pipmij^gggQgaßßEßSßffiM^^^^g Qiw OMna. rift (W1687 Molar Ska*«M\fcfri When I won the Tchaikovsky competition, I was thrilled. Later came the Avery Fisher prize I was overjoyed. Now I play a Stradivarius on the concert stages of the world. And I've reached the point of Delirium. CONCORD. THE CONCORD
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  • REGIONAL COMPANY NEWS
    • Article
      MARKET SUMMARY 2
      182 4 HONGKONG hitM Close Opefl High Low Vohmte Change Hang Seng Index 3,000 2,990 3,008 2,980 +10 Hang Seng Spot 3,003 3,005 3,017 2,9% 435 +4 Close Previous Net C haage Mar 29 Mar 28 Hang Seng Finance 2,047.88 2,034.71 +13.17 Hang Seng Utilities 3,684.67 3,660.11 +24.56 Hang
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    • Article
      Lock icon Swire outlook for 1990 'reasonable'
      298 4 Reuter HONGKONG trading house Swire Pacific Ltd, which posted a modest 2.7 per cent rise in 1989 net profit to HKS3.OB billion, foresees a "reasonable" year ahead, chairman David Gledhill said. The company, which is in an awkward transition period as it waits for rentals
      Reuter  -  298 words
    • Article
      Lock icon M$2.1b paid for MAS, MISC stakes
      130 4 Reuter MALAYSIA'S central bank paid over M 52.16 billion when it purchased government stakes in the national carrier Malaysian Airlines System and Malaysian International Shipping Corp. The government stakes in the firms, held by the Finance Ministry, were sold in separate tranches over the
      Reuter  -  130 words
    • Article
      Lock icon SKS to propose bonus issue
      498 4 Bernama SYARIKAT Kumia Setia Bhd (SKS), which is seeking a listing on the Kuala Lumpur Stock Exchange (KLSE) probably by the year end, will propose a bonus issue and acquire a piece of plantation land to increase its paid-up capital to MS4S million. Chairman Haji
      Bernama  -  498 words
    • Article
      Hagemeyer buys Aussie operations
      157 4 DUTCH TRADING giant Hagemeyer is expanding its operations in Australia with an agreement to acquire Major Electrical Appliances Pte Ltd. In a press release yesterday, Hagemeyer said: The acquisition of Major Electrical Appliances would further strengthen its position as an important distributor of selected products in
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    • Article
      Lock icon Mycom planning one-for-one rights to reduce debt
      281 4 Bernama AILING Mycom Bhd has proposed a one-for-one rights issue of 12.50 million ordinary shares of Msl each to reduce group borrowings. Mycom said in a circular to shareholders that as at Dec 31, 1989, the group had total borrowings and contingent liabilities
      Bernama  -  281 words
    • Article
      Lock icon AMMB rights will help meet capital ratio
      315 4 Bernama ARAB-MALAYSIAN Merchant Bank Bhd (AMMB) will have adequate working capital for its present requirements, after taking into account the banking facilities available to the group and the amount to be raised from the company's proposed rights issue. AMMB has proposed a one-for-four
      Bernama  -  315 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      88 4 Lufthansa's Asian Commitment: Our fifth option to Frankfurt. J( Starting April 1, Lufthansa gives you yet another non-stop 8747-400 flight. From Singapore to the heart of the new Europe, Frankfurt. That means you can now fly three times a week non-stop, and twice a week direct. It's all part of
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      Page 4 Advertisements Column 2
      118 4 5-COURSE set menu f FOR LUWCH PINWER I j\ Soup of the Day 8> Toasted Garlic V JJ Bread Choice of Main Course AX Dessert Coffee or Tea* Fresh Orange Juice J CHOICE OF MAIN DISH Surf Turf (Ribeye Steak with Large Prawn) $1440++ Surf Diahea FHletofFtsh $1140+ GriHed Baby
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Europe: land of the rising tie-up
      300 5 AFP MERGER and acquisitions (M A) activity between Japan and Europe in 1989 was worth well in excess of US$7 billion last year, according to an estimate by M and A Japan, a new London publication focusing on Japanese merger and acquisition activity. The
      AFP  -  300 words
    • Article
      Lock icon US corporate profits down 3.2 per cent
      396 5 NYT PROFITS of American companies fell by 3.2 per cent in the final three months of last year mainly because of rising labour costs, the Commerce Department reported on Wednesday. For the full year, corporate profits from current production dropped by 8.3 per
      NYT  -  396 words
    • COMPANY BRIEFS
      • Article
        Lock icon UK to introduce new merger control rules
        111 5 Reuter SIMPLIFIED UK merger control rules will come into force on April 1 as part of last year's Companies Act, the British government said on Tuesday. It said the new system which is voluntary would help speed up the majority of proposed mergers.
        Reuter  -  111 words
      • Article
        Lock icon Harrisons to buy US company
        97 5 Reuter HARRISONS and Crosfield pic, a UK diversified trading group, said it has agreed in principle to acquire Pfizer Pigments Inc (PPI), a subsidiary of Pfizer Inc, for US$65 million. In 1989, PPI recorded sales of US$ll2 million and operating profit after depreciation charges of
        Reuter  -  97 words
      • Article
        Lock icon Turnaround for Kloeckner
        166 5 AFP WEST GERMAN trading house Kloeckner und Co, saved from bankruptcy in late 1988, said on Wednesday it had a record year last year, with net profit of more than 250 million Deutschemarks (US$l47 million). Kloeckner made a loss of 387 million Deutschemarks in 1988, largely due
        AFP  -  166 words
      • Article
        Lock icon Britain clears EC hurdle
        126 5 AFP BRITAIN'S plan to privatise its electricity industry cleared a major hurdle on Wednesday, as the European Commission authorised London to aid its nuclear power sector, considered to be the biggest drag on the package. The European Community's executive said the government would be allowed to
        AFP  -  126 words
      • Article
        Lock icon Two more posts for Wang chief
        94 5 NYT RICHARD MILLER, president of Wang Laboratories Inc, was named on Wednesday to the additional posts of chairman and chief executive. Mr Miller succeeded the company's founder, An Wang, who died last Saturday. "The board's unanimous decision reflects the confidence which the Wang family
        NYT  -  94 words
    • Article
      Lock icon European airlines plan purchase
      228 5 AFP FOUR European airlines are holding discussions with European aviation consortium Airbus Industrie and US competitor McDonnell Douglas on a multi-billion dollar combined order for 239 aircraft, Airbus said in Paris on Wednesday. The four European airlines, Swissair, Scandinavian Airlines System (SAS), Austrian Airlines and Finnair,
      AFP  -  228 words
    • Article, Illustration
      Lock icon UAL chief earns US$1.15m
      151 5 NYT UAL Corp has disclosed in proxy materials that Stephen M Wolf, its chairman, president and chief executive, was paid U*****,000 in salary and another U*****,000 in bonus for total compensation in 1989 of US$l.l5 million. The proxy materials also disclosed that John C Pope, chief
      NYT  -  151 words
    • Article
      Lock icon Deutsche Bank profit up
      102 5 Reuter TOTAL group operating profit for West Germany's leading private bank, Deutsche Bank AG, rose by 22.6 per cent in 1989, chief executive Hilmar Kopper said. According to a prepared statement, Mr Kopper said: "The operating result and partial operating result for the group are considerably
      Reuter  -  102 words
    • Article
      Lock icon AT&T outlines closures, axing plan
      201 5 NYT AMERICAN Telephone and Telegraph Co provided details on Wednesday of its planned dosing of some facilities and the elimination of 6,000 jobs, prompting an angry protest from its largest union, the Communications Workers of America. AT T had disclosed in December that it would
      NYT  -  201 words
    • Article
      MARKET SUMMARY 3
      89 5 NEW YORK *"28 Indie— Oow Prrrtow NdCtar Dow Jones 2,743.69 2,736.94 +6.75 NYSE Financial 187.77 187.40 +0.37 Standard Poor's 500 342.00 341.50 +0.50 Turnover (million) 142.3 131.6 +9.7 LONDON Financial Times 30 1,793.0 0,786.6 6.40 FTSE 100 2,275.0 2,266.2 +8.80 Turnover (million) 359.5 385.9 -26.4 FRANKFURT FAZ
      89 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      211 5 > i i i i i i i i i i I miss you too. To all our valued customers, the absence of Perrier in i Singapore during the past tew weeks lias caused great I inconvenience. Our sincere thanks to you for your j I patience, loyalty' and understanding.
      211 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Bonn reserves hit US$58.6b
        50 6 THE Bundesbank's monetary reserves rose 400 million West German marks (US$235 million) between March 19 and 23 to 99.7 billion marks (US$5B.6 billion), the West German central bank said yesterday. The bank's commitments abroad fell 100 million marks in the same period to 52.3 billion marks.
        50 words
      • Article
        Long-Term to open Paris unit
        103 6 THE Bank of France has given the Long-Term Credit Bank of Japan Ltd (LTCB) a licence to open a Paris branch office, an LTCB spokesman said. LTCB applied for a licence last year, but French authorities delayed approval pending the outcome of an application by
        103 words
      • Article
        US$63m loan for Indon firm
        89 6 FUJI Bank Ltd, Taiyo Kobe Bank Ltd, Mitsubishi Trust and Banking Corp and Yasuda Trust Banking Corp have agreed to grant Indonesia's PT Branta Mulia an 11-year US$63 million loan, Fuji Bank said. Proceeds will be used to finance the firm's new plants in Jakarta
        89 words
      • Article
        Plan to reduce Venezuela's debt
        102 6 VENEZUELA could save US$7OO million to US$BOO million annually in debt servicing costs over the next five years if a plan to buy back a big slice of its exposure is successful, monetary sources said on Wednesday. Venezuela is hoping to retire up to US$5
        102 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
        2 words
    • Article, Illustration
      M'sia forex raid: at least half liable to prosecution
      485 6 AT LEAST half of the 21 firms raided by the central bank in January for allegedly conducting illegal foreign exchange transactions are liable to be prosecuted, Bank Negara governor Tan Sri Jaffar Hussein said yesterday. He told reporters that the central
      485 words
    • Article
      Bank ownership under scrutiny
      189 6 LOCALLY-lncorporated banks whose foreign shareholdings have increased substantially especially public listed institutions may have to amend their articles of association to limit foreign ownership, Bank Negara governor Tan Sri Jaffar Hussein said yesterday. He dted the case of Public Bank Bhd which has included a clause
      189 words
    • Article
      Lock icon KL to provide more clout to Insurance Act
      330 6 Bernama THE soon-to-be-revamped Insurance Act will provide the authorities with more powers to supervise the Malaysian insurance industry, the director-general of insurance, Tan Sri Jaffar Hussein, said yesterday. He said the authorities were studying the various businesses carried out by the insurance
      Bernama  -  330 words
    • Article
      ICB chalks up 19pc rise in net profit
      209 6 INDUSTRIAL Commercial Bank yesterday announced a 19 per cent rise in group net after-tax profit to $24.5 million for 1989, a prelude to today's expected release of results by parent United Overseas Bank. Analysts are expecting full-year earnings of $220 million from
      209 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      208 6 Analysis, Pg 11 Nothing Gets Things Vforking Like Teamwork. BBs *s k M I V pSa B ill KJ^^^HI^BL £MKr h plh& W®"/ >:;I ®l^H? 1 V II 118 v x *WJm IF Wi J*!3?311 j V Safe./ v^^^l^^Bl^BklL. 111 Tl!i|t|ißßfcß^ J^mM Breakdowns at work can be a hassle. It
      208 words
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  • THE REGION
    • Article
      MAS eyeing Europe, North America stops
      356 7 MALAYSIA Airlines is eyeing eight new destinations in Europe and North America in what appears to be its most ambitious plan yet for footholds in the world's two most competitive air markets. The company's operating plan for fiscal year 1990/1991, effective April 1, listed
      356 words
    • Article
      Lock icon Indonesian military warns of communist agitation
      206 7 AFP INDONESIA'S armed forces, party to a recent land dispute, yesterday called for vigilance against the possibility of former communists using such conflicts to spark unrest. Defending an air force claim to disputed land in Majalengka, West Java, the armed forces' newspaper said such
      AFP  -  206 words
    • Article
      Lock icon UN team to study technical aspects of intervention
      391 7 AFP A UNITED NATIONS factfinding mission is soon to travel to Cambodia to look at the technical aspects of a UN intervention to end the fighting there, UN officials and the Phnom Penh government have said. The UN officials said in Bangkok
      AFP  -  391 words
    • Article
      Lock icon Hard for Indonesia to sustain boom: economist
      203 7 AFP INDONESIA'S current export boom may not last for more than Ave years as the country remains poorly equipped with industrial infrastructures, says a leading Indonesian economist. Infrastructure development, both physical and social, had trailed behind Indonesia's industrial export growth in recent years
      AFP  -  203 words
    • Article
      Lock icon Jakarta gets tough on minimum wages
      440 7 Reuter INDONESIA is for the first time taking private companies to court for failing to pay the minimum wage, and the trend could herald the dawn of greater labour rights, analysts say. Many bosses openly ignore minimum wage laws, secure in the knowledge that
      Reuter  -  440 words
    • NOTE BOOK
      • Article
        Lock icon Vietnamese Politburo member sacked
        129 7 Reuter THE Vietnamese Communist Party fired a Politburo membef for disciplinary reasons at the end of the general meeting of the Central Committee, Hanoi Radio reported on Wednesday.*Tran Xuan Bach was dismissed for "seriously violating the 7 party's organisational principles and discipline," a party communique quoted
        Reuter  -  129 words
      • Article
        Lock icon KL ex-minister to quit politics
        113 7 Bernama FORMER Malaysian Deputy Trade and Industry Minister* Datuk Kee Yong Wee said yesterday he will quit politics and spend more time with his family. Datuk Kee, who wa* released from Kajang Central Prison yesterday after serving a s 26-month prison term for criminal breach
        Bernama  -  113 words
      • Article
        Lock icon Sarawak tribesmen await ruling
        114 7 AFP A MALAYSIAN court reserved judgement on Wednesday an application by a group of jungle tribesmen for an order td halt logging in the timber-rich Baram basin in the east Malaysian state of Sarawak. Justice Haidar Mohamad Noor said after a three-day hearing that attracted tribesmen
        AFP  -  114 words
      • Article
        Lock icon Manglapus visits Guam
        76 7 AFP PHILIPPINE Foreign Secretary Raul Manglapus left ManiljC J yesterday for Guam, the first leg of his tour of the Micronesian island chain in the Western Pacific. Mr Manglapus is also scheduled to go to the Marshall Islands and the Com- monwealth of Northern Mariana Islands during
        AFP  -  76 words
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      81 7 =1 The Interhome Collection Forever Exclusive Forever Luxurious Fully Imported original from Italy Nat 651 Super soft Ist grade aniline leather Fibre fill filling. Anti-dust water repelling Outstanding design. Unparalleled comfort One of our many distinguished sofa collection Packing, Handling of documanta ft SMpmant for oviraaaa cuatomara can ba arrangad.
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      341 7 lIM BMpJ jp JKH p z\ r ~bmm• I _,j*. *11 a magnificent gateway Bullion Park offers Hawaiian-style landscaping,fountains lagoon, jJKTiI footbridge, a magnificent gateway, country club facilities, breathtaking 'B*®* I reservoir scenery and close proximity to Ylo Chu Kant MET Station. 41 II Bullion ftrk luxurious condominium Phase Bullion
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  • THE WORLD 1
    • Article
      Lock icon House panel tops up Bush request for E Europe aid
      407 8 AP A US HOUSE of Representatives committee has moved to more than double President George Bush's request for aid to emerging democracies in Eastern Europe to soften the shocks of changing from communism to market economies. "It would be a
      AP  -  407 words
    • Article, Illustration
      Have truck will travel
      41 8 Peruvian workers squeeze into a cargo truck on their way to downtown Lima. The capital city s buses have ground to a halt in the face of an armed strike by the Maoist Shining Path terrorist group.
      41 words
    • Article
      Lock icon Japan's workers seeking more pay in annual talks
      506 8 AP JAPANESE WORKERS are hoping that a labour shortage and recent high profits will help them win bigger pay raises and other measures to cope with burdensome housing costs in next month's annual negotiations. Their employers say big raises are difficult at
      AP  -  506 words
    • Article
      Lock icon Hills optimistic about progress in trade talks
      339 8 Reuter US TRADE Representative Carla Hills is hopeful that America and Japan can agree on progress to end some structural trade barriers by a mid-April deadline. Speaking in Washington on Wednesday, she said that there was strong congressional pressure for protectionist legislation if
      Reuter  -  339 words
    • Article
      Lock icon Beijing evades E Bloc issue
      150 8 AFP CHINESE Foreign Minister Qian Qichen has betrayed a foreign policy still in disarray amid the sweeping changes in Eastern Europe and 10 months after the crushing of the Chinese pro-democracy movement. "The changes in Eastern Europe are taking place so fast that it is
      AFP  -  150 words
    • Article
      Lock icon Bush defends cautious approach to Lithuanian crisis
      265 8 AFP US PRESIDENT George Bush has defended his cautious approach to the crisis in the Soviet republic of Lithuania, where proindependence forces are seeking to secede from the Soviet Union. He told US lawmakers during a White House meeting on Wednesday that he
      AFP  -  265 words
    • Article
      Lock icon EC wants extension of drug patents
      308 9 AFP THE European Commission on Wednesday said it wants to extend patent protection for EC drugs companies by up to 10 years, in an effort to stimulate a sector where research costs are soaring and Japanese and US corporations are mounting a major challenge.
      AFP  -  308 words
    • Article
      Lock icon Hungarian economy slips
      157 9 Reuter HUNGARY'S gross domestic product shrank by 1.8 per cent and industrial output fell 3 per cent last year while the country's current account deteriorated sharply, the National Bank of Hungary (NBH) said. But NBH president Ferenc Bartha told a news conference: "Starting in 1989 a qualitative
      Reuter  -  157 words
    • Article
      Lock icon Britain clears privatisation hurdle
      425 9 AFP BRITAIN'S plan to privatise its electricity industry cleared a major hurdle on Wednesday, as the European Commission authorised London to aid its nuclear power sector, considered by stock analysts to be the biggest drag on the package. The European Community's executive said the government would
      AFP  -  425 words
    • Article
      Lock icon Romanian firms may sell shares
      158 9 AP PRIVATE businesses in Romania may soon be able to issue and sell their stock for the first time in almost half a century, sources said on Wednesday. Private firms also will be allowed to hire up to 100 employees in the future, according to
      AP  -  158 words
    • Article, Illustration
      A Collor-ful attraction
      40 9 The latest addition to the menu of this Rio de Janeiro restaurant is the frills-free "Collor" set lunch. This item, offering free dessert, is named after Brazil's new President who has imposed draconian measures to fight inflation.
      40 words
    • Article
      Lock icon Weizsaecker reassures EC's poorer members
      179 9 AP WEST GERMANY will not neglect the European Community (EC) and its poorer members while its attention is focused on German unification, West German President Richard von Weizsaecker said on Wednesday. In talks with Portuguese President Mario Soares and Prime Minister Anibal Cavaco Silva, Mr
      AP  -  179 words
    • WORLD WATCH
      • Article
        Lock icon All-German polls likely late next year: Kohl
        83 9 Reuter THE FIRST ELECTIONS for the Parliament of a united Germany will probably be held in late 1991. Speaking after talks with Irish Prime Minister Charles Haughey in Bonn on Wednesday, West German Chancellor Helmut Kohl said: "I expressed my expectation that in
        Reuter  -  83 words
      • Article
        Lock icon Car sales up 3.5 pc in W Europe
        77 9 Reuter NEW CAR SALES in West Germany, France and Italy rose strongly in the first two months of this year, but the average Western European growth was hit by low figures in Britain and Spain. An industry newsletter, Automotive Industry Data, said
        Reuter  -  77 words
      • Article
        Lock icon Brazilian trade at standstill
        86 9 AP BRAZILIAN FOREIGN TRADE has been paralysed since President Fernando Collor de Mello announced an emergency economic plan in mid-March, with a new floating exchange rate for the national currency wreaking havoc for exporters and importers short on cash. The president of the Brazilian Association of
        AP  -  86 words
      • Article
        Lock icon Dutch balance of payments up
        83 9 AFP THE DUTCH balance-of-payments surplus rose by 37.1 per cent last year over the 1988 level to 15.3 billion guilders (US$B billion). The Dutch Finance Ministry said on Wednesday that the balance of payments showed a surplus of 11.2 billion guilders in 1988. The surplus
        AFP  -  83 words
      • Article
        Lock icon Thatcher phones Gorbachev
        104 9 Reuter KREMLIN LEADER Mikhail Gorbachev discussed the crisis in Lithuania with British Prime Minister Margaret Thatcher on Wednesday, reiterating her call for "restraint on both sides". Mrs Thatcher had telephoned Mr Gorbachev to congratulate him on his recent elevation to the new post of Soviet President, the
        Reuter  -  104 words
      • Article
        Lock icon Zimbabwe polls run smoothly
        104 9 Reuter ZIMBABWE'S presidential and general elections went peacefully into their second day yesterday in spite of opposition < fears of violent intimidation by the ruling party. Election director Malcolm Thompson told journalists in Harare as Wednesday's voting ended that reports from around the country showed the
        Reuter  -  104 words
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      124 8 If you're a Royal First Class or Royal Executive Class passenger in transit at Thai's Royal Executive Class lounge in Bangkok, you 11 find that whiling the time away becomes so much more pleasant. Here you can relax in total comfort, in the spacious surroundings and soothing atmosphere. Not to
      124 words
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      87 9 Bf t St -B V ■K jUtit-- wB. ABK fj» Hp, wm jfjjt You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet And during your stay, you'll notice the many little things that get done quietly and efficiently. tome stay with us
      87 words
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      96 9 B pour femme homme I OPENS ON 9 APRIL I AT UNIT 03-06 THE PROMENADE B B TICKETS FOR THE JEAN-PAUL GAULTIER SHOW AT THE WAREHOUSE DISCOTHEQUE ON APRIL 6THII RM. ARE AVAILABLE AT GLAMOURETTE, B GLAMOURETTE SOHO, SONIA RYKIEL BOUTIQUES, EMANUEL UNGARO, KRIZIA AND PASSION HAIR SALON. PRICE $551-
      96 words
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  • Article
    Now for some lucky breaks
    458 10 EDITORIAL IF HUNG parliaments are a liability in ordinary times, they are nothing less than a disability in times of crisis. Theoretically, there is nothing wrong with them: they represent the liberal democratic principle carried to its logical, if inconvenient, extreme. A fragmented general will,
    458 words
  • WHAT THE OTHERS SAY
    • Article
      Man of the hour
      212 10 THE RECENT Presidential election in Taiwan has brought to a head conflicts which could lead to serious political upheavals. The Kuomintang (KMT), which has ruled Taiwan since 1949, is in danger of breaking up. Proof was in the run-up to the Presidential elections early this month.
      212 words
    • Article
      Helping hand for the poor
      172 10 IT IS heartening to note that Class 'C beds in government hospitals and all the necessary medical help for the poor came up for mention in the recent debate on budget allocations for the Health Minis- try. After all, low-income people form about 15 to
      172 words
    • Article
      Checkmated
      121 10 THE MOST serious problems facing Australia are economic in nature. Its foreign debts have risen from As 36 billion seven years ago to Asl36 billion today. Its balance of payment deficit is about A$ 18 billion. Inflation is running at 7.1 per cent, unemployment, 6.5 per cent; and interest
      121 words
  • REGIONAL VIEWPOINTS
    • Article
      A matter of ethics
      137 10 THE EXPRESSWAYS and Rapid Transit Authority of Thailand's handling of the bidding process for the Skytrain project left much to be desired, to put it mildly. The 40 billion baht project has become a national fiasco and the expressways authority is at the point of losing
      137 words
    • Article
      Cambodian doubt
      130 10 THAILAND'S Foreign Minister Siddhi Savetsila current visit to Beijing creates the impression that Bangkok seems to be serious in its effort to facilitate a triangle meeting on the Cambodian conflict that will include, besides itself, China and Vietnam. Another diplomatic conclave on that 11-year-old conflict after the Informal
      130 words
    • Article
      Gorbachev's dilemma
      184 10 MIKHAIL GORBACHEV wanted full dictatorial powers when he took over as the "executive president" of the Soviet Union and he got them. Now consider his problem. If he uses his powers, he's a new Stalin in the eyes of many. If he doesn't, possibly an equal number of
      184 words
  • Article, Illustration
    Lock icon We'll do it our way
    723 10 Japan, while acknowledging the need for socio-economic changes, refuses to take up 200 or so suggestions by the US Asahi SOME MEMBERS of Japan's ruling Liberal Democratic Party (LDP) are complaining that the US is trying to press economic changes on Tokyo without understanding the
    Asahi  -  723 words
  • Page 10 Advertisements
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      187 10 24.6 m street frontage with large 4735q.m. space in Shenton Way Here is a rare opportunity to lease valuable street frontage premises plus a self-contained third storey office space (1,1105q.m./11,9485q.ft.) Close to busy McCallum Street, with easy Generous parking facilities within buildpedestrian access to the opposite ing for tenants and
      187 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      47 10 POONESBURY \\MUteANASTWmN6TIJRiw FOR- 17L0N6 YEARS,H£ HAD BUT NOUJ, AS AIR FQRCB TUXpi \/N FACT. fT UASWST ZMTSKXP&RO, I6NOR3P, ON A DUSTY SHUF IN I WOW DOWN ON US. SOIL, IT I 1 Y ICAUYeXPUOT6A6 POLL. A CWLtANSOUVENIR STALL J SBMCD THE LITTie DOLL'S Sm\ m H58.H86-! FANDSACX
      47 words
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  • ANALYSIS
    • Article
      Lock icon Malaysia expects buoyant economy in 1990s
      740 11 In his foreword in Bank Negara's 1989 annual report, Tan Sri Jaffar Hussein adds words of caution to an otherwise optimistic overview of the 1990s Bemama THE MALAYSIAN economy will continue to enjoy buoyant growth in the *****, at least for the medium term,
      Bemama  -  740 words
    • Article, Illustration
      Lock icon A monetary policy that ensures liquidity
      961 11 Malaysia's banking system faces serious challenges this year Bemama MALAYSIA'S monetary policy this year will urgently address concerns of low domestic interest rates and the threat of inflationary pressures, according to Bank Negara in its |989 annual report. While doing this, it would ensure
      Bemama  -  961 words
    • Article, Illustration
      Lock icon Once again the year of the manufacturer
      694 11 KL posted double-digit growth rates for almost all manufactured items last year Bernama Manufactured products, which have replaced agricultural products as the export leader since 1985, accounted for more than half of Malaysia's total exports last year, said Bank Negara. This was made
      Bernama  -  694 words
  • Page 11 Advertisements
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      52 11 SSSSMi ORIGINAL ITALIAN FURNITURE An 3004 Conference Desk $1550 Cm 120 Round Base Black Marquinu Marble datt top 12 mm tfaidoiesi with Velvet edge Plaza Singapura 68 Orchard Road WMi, Singapore 092}. TeL 3396W3 (hnaiknr lla-V4 World Trade Centre 1 Maritime Square *02-50, Singapore 0409. Ttfc 27 ***** (Mmkartlaaa-lpa) Fac
      52 words
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      2989 12 NANYANG FINANCE LIMITED AND ITS SUBSIDIARY COMPANY BALANCE SHEETS AS AT 30 SEPTEMBER 1989 I 11. DEVELOPMENT PROPERTIES I GROUP COMPANY I I I I Percentage o> I GROUP Not* UN KM a***** I T T T IT Principal C CC I company actMUaa 1889 1989 I—o 1 F tEOASB£T
      2,989 words
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      Page 12 Advertisements Column 2
      878 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 KAIHATSU-KYOOOTAI RESEARCH SERVICES PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting ot the Company convened and held at 3301 Gloucester Tower. The Landmark. Hong Kong on March 21 1900 the following special resolution was duly passed "That the
      878 words
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      Page 12 Advertisements Column 3
      909 12 IN THE MATTER Of THE COMPANIES ACT CAP. SO AND IN THE MATTER Of ONG SIAH ENTERPRISES (PTE) LTD (Members' Voluntary Winding Up) At an Extiaoidinary General Meeting of Members and Dimetore of Ong Siah Entarpriaaa (Ptel Ltd duly convened and held on 23 MAR 1990 at 257 SeiegM Road.
      909 words
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  • FOCUS 1
    • Article, Illustration
      Fabulous gift from the heart
      1363 13  -  A retired Singapore banker's donation of his life-time collection of Chinese paintings worth HK$6OO million to a Hongkong museum is not only a gesture that knows no bounds, it is singular in the annals of human passion. Catherine Ong reports. Catherine Ong LIVING in a
      1,363 words
    • Article, Illustration
      Asean nations warned against 'destructive competition'
      841 16  -  A World Bank study calls for the harmonisation of investment incentives within Asean in the face of the push to attract investors, reports Ai O Labita in Manila. Al O Labita ASEAN member-states may not realise that their fierce drive to lure foreign investments
      841 words
  • Page 13 Advertisements
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      34 13 Vietnamese Cuisine ENJOY A VARIETY OF 40 DIFFERENT DISHES AT $4 each f£| S® ?s" J TROriCALINN SEAFOOD I«B5TAO«A N T 82-01 Basement, Tanglin Shopping Centre. Tanglin Rd S'po'c 1024. g *****20 o *****63
      34 words
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      Page 13 Advertisements Column 2
      206 13 HENDERSON INDUSTRIAL PARK NEW PHASE WAREHOUSE TORY/ jm A distinguished design, with excellent features to I— j-r" 1 make this new phase another choicest investment per square foot. t, ti ergog EPlpffiS Flatted factory comprising 46 factory units (from 2000 to 5500 sq ft) and four 8$ 30 EOT™ I
      206 words
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      53 15 '«Sww mffaSb j|^ <*■ *881 j£&i£- >s%''- ®ft M<sBffi(W' -irrm.nm Sp '^^£^£3Kstf^r 3mi&&&K&s&& v -wWr :'*SP® $s& o'■-%' saiga* irirfnii A. *ajw .oij' Jf A 4PWPWiI^iIMHBWBMiMi^^M^ x y., 'IP r ,Jsr $&JHEp Km «M .^M-aaßte^-Ato^i^^... .jaMMMMBHI AiPU jfc.J/:- j J IBLT I 3gt Hft, l m, y^Pi&fe ■Hp i t
      53 words
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  • Page 16 Advertisements
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      969 16 ANNOUNCEMENT The Board of Directors is pleased to announce the audited results for the year ended 31 December 1989 THE GROUP THE COMPANY 1989 1988 1989 1988 $000 S'OOO $000 S'OOO TURNOVER 100,034 71,898 39.1 Investment other income 1,238 368 236.4 2,334 2,284 2 2 Operating profit 7,013 4,058 72.8
      969 words
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      Page 16 Advertisements Column 2
      796 16 1 UNITED PULP PAPER COMPANY LTD. I PRELIMINARY FINAL STATEMENT AND DIVIDEND ANNOUNCEMENT I Preliminary Final Statement on consolidated results (audited) for the year ended 31/12/1969. I Latest Previous I Year to Year to I 31/12/89 31/12/88 OR I Company Group Company Group Company Group I $-000 s*ooo I 1.
      796 words
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  • SPORTS
    • Article, Illustration
      Lock icon Grabb beats Ross in Volvo tourney
      239 17 AP FIFTH-SEEDED Jim Grabb beat longtime friend John Ross 6-7 (5-7), 7-6 (7-1), 6-3 in the second round of the Volvo Chicago tennis tournament. "I let him (Ross) back into the match in that first tiebreaker set when he broke me in the ninth
      AP  -  239 words
    • Article
      Lock icon Tennis' youngest star turns 14
      104 17 AP JENNIFER CAPRIATI is no longer America's most famous 13-year-old athlete. She turned 14 yesterday. "It's going to be awesome because I feel like I've been 13 forever," tennis' youngest star said. "Finally I'm 14." Players are permitted to turn professional during the month of
      AP  -  104 words
    • Article
      Lock icon England thwarted by rain and gamesmanship
      425 17 AFP A DESPERATE ATTEMPT by England to chase a victory target of 151 run?, in the third cricket Test in what turned out to be only 33 overs was foiled by bad light and a wretched over-rate by the West Indies after heavy rain
      AFP  -  425 words
    • Article, Illustration
      Lock icon Monica Seles beats local favourite
      143 17 AP MONICA SELES of Yugoslavia, ranked fourth in the world, overcame both her ailing tonsils and local favourite Anne Smith to win a first- round match on Wednesday at the US Women's Hardcourt Championships. Seles had to come back from a 5-3 deficit to close
      AP  -  143 words
    • SIDE LINES
      • Article
        Lock icon Philadelphia leads Boston
        59 17 AP PHILADELPHIA won its fifth straight game and opened a three-game lead over second-place Boston in the NBA's Atlantic Division by defeating the Celtics 122-104 on Wednesday night as Charles Barkley scored 22 points, one of four 76ers with 20 or more. Hersey Hawkins and Ron Anderson
        AP  -  59 words
      • Article
        Lock icon Champ Davis to meet Charlton
        86 17 AFP STEVE DAVIS, bidding to win the world snooker championship for the seventh time this year, will face Eddie Charlton in the first round at Sheffield next month. Davis was paired with the 60-year-old Australian when the draw for the first-round proper was made by
        AFP  -  86 words
      • Article
        Lock icon Islanders keeps hopes alive
        71 17 AP THE New York Islanders kept their hockey playoff hopes alive, getting consecutive goals from David Volek, Alan Kerr and Pat LaFontaine early in the third period on Wednesday night to beat the Toronto Maple Leafs 6-3. Brent Sutter, Pat Flatley and Don Maloney also scored
        AP  -  71 words
      • Article
        Lock icon Hill to fight Waters
        47 17 AP VIRGIL HILL was scheduled to defend his World Boxing Association light heavyweight title against Guy Waters of Australia after Tyrone Frazier withdrew from a bout with the champion because of a detached retina. Waters, the British Commonwealth champion, is ranked third. AP
        AP  -  47 words
      • Article
        Lock icon South American favourites lose
        95 17 AP SOUTH AMERICAN hopes of retaining soccer's World Cup were buffeted at opposite ends of Britain on Wednesday. In Glasgow, Stewart McKimmie, with no goals at any level of soccer in five seasons and just promoted from the reserve team, scored after 32 minutes to give
        AP  -  95 words
  • Page 17 Advertisements
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      181 17 Speedpost. On time. O^get On demand. You will be able to enjoy the benefits of a speedier and more secure posting of time-sensitive documents and parcels. Speedpost is a postal service specially tailored to deliver your urgent letters, documents, merchandise, etc., to over 700 cities worldwide in the shortest possible
      181 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      222 18 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... j Didn't I see you at Scandals? BP* a Everv Mondavi High Fashion Night. Everv Thursdav: ladies Night. J Everv Night: The place to see and be seen. Scandals. Singapore's most sophisticated club and
      222 words
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      Page 18 Advertisements Column 2
      320 18 ooimeGs TTWBfirsssr THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price! For starters, take your pick of our cold dishes prawns on ice, fresh oysters, smoked salmon, melon and dried ham, vegetable terrine, mixed seafood salad, cooked assorted vegetables and homemade dressings Select
      320 words
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      Page 18 Advertisements Column 3
      171 18 Wttefer -CfeSky Garden Poolslde Friday to Sunday: 6.30 10.30 pm Adult: $11.90 Child: $8 Complimentary birthday cake for Plaza Hotel a minimum of ten Please make your n i**.coi ouar reservation 4 days In advance h. .«i> k.u.i n.h»uh«" »7w th anon r^wri St#* Served nighUy from $15.00 Adult $1050
      171 words
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      Page 18 Advertisements Column 4
      276 18 1 FR/EN C H\|l|l 1 J%X46&£> J The accent is on France this month at the HI famed Belvedere Lunch Buffet. 67 tongueSuj twisting and mouth-watering French speciali- D ties await you at our tables. Come and savour. Jflj m French Buffet Lunch n Mar 1 31. Noon 2.30pm W
      276 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      668 18 TELEVISION AND RADIO CRno Buckins. Hanson is sus- 3.20 Egyptian Drama. BUSINESS ON RADICI 1 I pended from the police force 3.50 Oshin. I I 71APM M« Rutt»rftv Thk i« a Whe H S M f Cnd 4.25 M Dnm W 9 mltZ h VMF Bi d IVCCI IUVC 73#
      668 words
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  • LIFESTYLE
    • Article, Illustration
      The right, ordinary stuff
      439 19  -  After numerous portrayals of handicapped people with the disposition of saints, along comes a movie that isn't afraid to show that they can be just as nasty as normal people. Samuel Ee reviews Samuel Ee STRICKEN BY cerebral palsy, Christy Brown's entire body tenses up. Except
      439 words
    • Article, Illustration
      An evening of roses and enchantment
      685 19  -  P Y Van had a ball of a time on Tuesday at the Hall where waltz melodies filled the air and romance fed the soul P Y Van THE VIENNA Opera Ball Orchestra titillated the invited elegant on Tuesday evening with tales of a
      685 words
    • Article
      Lock icon When an Oscar winner can become a Brit
      283 19 CHATTERBOX Agencies ON THE basis of London newspaper headlines on Wednesday, an Oscar can turn an Irish or American actor into a local hero. "Brits grab Oscar glitz" said The Sun, the country's largest-circulation daily, in an article accompanied by photos of
      Agencies  -  283 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      240 19 AND ENTERTAIN Just Your Cup Of Tea. Teatime at Cafe-in-the-Park is a delight: a generous buffet spread of oven-fresh pastries, scones and other teatime treats, accompanied by exquisite blends of tea and coffee. Afternoon Tea: Monday to Friday. From 3pm to spm. $9.50 per person. fZ\ A© Century Park Sheralon
      240 words
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      Page 19 Advertisements Column 2
      136 19 9-COURSE DELICACIES kMX 9 BONUS ITEMS H>s jfeOH u Enjoy the following bonus Men jtems now! Va)jd tj 31/3/90 Free tea refreshment Free-now of stout beer jjj 1 ASSORTED COLD CUTS (3) Suntax 35mm camera 5 2 SHARK'S FIN W/CRAB MEAT jjj 3 rolls Konica 135 -35mm film |C 3
      136 words
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      Page 19 Advertisements Column 3
      89 19 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
      89 words
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      Page 19 Advertisements Column 4
      282 19 j^l 1 V/iTtw/IV\ Resskv I PRINCESS I I I I I Great Meals I lin an Intimate Setting I H For a delightful but informal meal, come to our 24-hour fM coffee house. M Savour Penang's best Ch&o Gu6 Tiio and Fu Ji&n Mian; Porridge. Hainanese Chicken Rice and more!
      282 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares decline under selling pressure
      4588 20  -  By Lim Mui Khi THE LOCAL MARKET reacted to OCBC's 21.5 per cent rise in after-tax profit yesterday by selling the bank's shares and warrants. Investors sold 36,000 OCBC Foreign shares, taking the price 50 cents, or 3.9 per cent, lower to $12.20. Its shares
      4,588 words
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  • STOCK EXCHANGE OF SINGAPORE 2
    • Article
      Late Kamunting buy order causes excitement
      3690 21  -  By Lim Mui Khi A LAST-MINUTE buy order yesterday for Kamunting shares created excitement on an otherwise quiet day for the over-the-counter market. Dealers were astonished when an order for 20,000 shares at $1.50 apiece went out since the counter had been trading 10
      3,690 words
  • Article
    BONDS, LOANS AND WARRANTS INFORMATION SERVICE
    922 21 C ompaay Expiry/ Coupon Conversion period Interest Conversion term for one ordinary amlwity payable share date Cwiy Lean W 6 Dec 31 C—m M 1994 Oct 2. 1989 to Oct 20. 1994 1 warrant plus SI cash or 1 warrant plus 11 nominal amount
    922 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Across-the-board decline
      3331 22 MBT A DEARTH of fresh factors caused the Kuala Lumpur stock market to drift broadly lower yesterday in another round of thin trading. Most dealers described the market as lifeless and featureless, with interest seemingly completely wiped out. Most of them were puzzled over the reason for the
      MBT  -  3,331 words
  • BT SHARE INFORMATION SERVICE
    • Article
      APPROVED ISSUES
      342 22 Company Righto Itw MM Ona-tof tour MJ2 40 V* than b-data- Mar 8 Books c>om Mar 22 ActapMnca 4 Paymant May 10 CM Two-tor-fKa 0 $2.10 par shara Thraa warrants tor wary 10 austmi sftaraa Md at SO 48 par warrant Ei-data: Fab 7 Books ctoaa: Fab 19
      342 words
    • Article
      DIVIDENDS ANNOUNCED
      879 22 Current Kx Books Otto Tatalfcr Total for ptjMit date dooo payaMo tho yoar last yoar Mm 15*TE Fib 28 Mv 12 Mi, 15 25*TE 25%TE MT 90.9%(n) Apr 6 Apr 19 May 3 122 7*(n) 72% BaaMd 5% (I) Apr li M*y 4 Jun 7 5% 15% Citayhcflc
      879 words
    • Article
      RESULTS DUE
      372 22 Singjport Stocks Latt Full Y#*r Carpa* NM Mi Taa MM ftw "J MTOTCtO W*H («m) M pa (WO) BMT Manm Jan 27 Jun 90 1696 100.0 516 Mai Final Fib 28 No* 89 391 10 0 1 721 Tarn ft Or Final Ma 3 Die 89 1 7
      372 words
    • Article
      PROPOSED ISSUES
      286 22 Company Rights Itww Apod Ona-tor-ona ft Sl-85 per stare. FAC8 Ona-tor-ona ft MW 50 per <w Fato kM Ona-tor«ne 0 MS0.25 followed by I stare map of Fabar Martin sham tor two new stares Haw Fabar r H Lean M Two-tor-ftva M$3 35 par lhara with 2806m TSfe
      286 words
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  • REGIONAL STOCK MARKETS
    • Tokyo finishes lower after wide fluctuations
      • Article, Illustration
        Untitled
        0 23
        0 words
      • Article
        HONGKONG
        959 23 HONGKONG'S Hang Seng index closed above the pyschologicallyimportant 3,000 level after a late burst of interest in heavily-weighted HK Telecom caused it to break out of its fairly narrow morning range yesterday. "Big institutions were sidelined most of the day ahead of the results due after the close and
        959 words
      • Article
        TOKYO
        687 23 SHARE prices closed down but off their lows, after a sudden rebound by the yen in Tokyo triggered heavy sales of export-intensive, blue chip electrical issues yesterday. Sympathetic selling of financial and other stocks heavily weighted in the indices worsened the slide. "A lot of people were surprised by
        687 words
      • Article
        SYDNEY
        504 23 AUSTRALIA'S sharemarket closed weaker in fairly dull trade as general market nervousness continued yesterday. The All Ordinaries index closed 10.2 points off at 1545.8, but up from its earlier low at 1540.9. "A spate of buying in the last 15 minutes of trading pushed the market off its lows,
        504 words
      • Article
        BANGKOK
        255 23 THAI shares yesterday moved sharply higher across the board in a positive response to Wednesday's news army chief General Chavalit Yongchaiyudh would join the government after weeks of intense speculation. The official SET Index gained 12.17 points to close at 845.28, with gains outnumbering losses 126 to 19. Most
        255 words
      • Article
        SEOUL
        198 23 SEOUL stocks recovered in moderate trading yesterday as investors began to buy on the belief the market may have bottomed out and was dropping too fast. The composite stock index, which had fallen about 30 points in seven straight sessions of drops, gained 5.55 points to 824.59. Volume was
        198 words
      • Article
        MANILA
        132 23 PHILIPPINE stocks slid further to close lower yesterday as investor interest veered away from the market towards safer government securities. The Manila Stock Exchange Composite Index ended at 1,098.18, down 22.13 points from Thursday's close. Combing trade on the two bourses rose in value but fell in volume to
        132 words
      • Article
        JAKARTA
        84 23 THE Jakarta stock exchange edged up but shares moved within narrow confines yesterday. The Jardine Nusantara index rose 0.94 to 139.91. Brokers said continued speculation that banking rules would change on or about the start of the new fiscal year on April 1 continued to nudge up bank stocks.
        84 words
      • Article
        BOMBAY
        86 23 SHARE PRICES in Bombay rose on Wednesday on expectations of good results by companies for the financial year ending on March 31. Yesterday's figures were not available at press-time. "Dividend payouts by companies are expected to go up following a change in tax laws," a broker said. "Many companies
        86 words
      • Article
        NEW ZEALAND
        135 23 NEW ZEALAND shares ended lower on small to moderate turnover yesterday. One broker said there was some manouevring in the Barclays Index futures contract, which closed out yesterday. Turnover was 8.23 million shares, worth NZ59.43 million. "The amount of business going through was very low and broker interest
        135 words
      • Article
        Untitled
        200 23 Hongkong SinoLand 0.485 -0.01 0.50 0.485 ***** San Miguel 4.175 +0.025 4.20 4.15 85 Shaw Brothers 3.90 +0.025 3.90 3.875 414 Summa Promet 0.149 +0.001 0.151 0.148 4980 Sino Realty 0.455 -0.005 0.465 0.45 4528 Sing Tao 2.10 -0.025 2.15 2.10 420 Stelux 3.275 +0.075 3.325 3.225 2349 Semi Tech
        200 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      14 23 LIVING IT UP r Each Weekend EXECUTIVE LIFESTYLE CHARTPOINT Every Saturday in Business Times
      14 words
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      Page 23 Advertisements Column 2
      123 23 A language research team which has worked for 7 years using extensive computer facilities to study and analyse the patterns of use in contemporary English, has developed a new kind of dictionary in the new Collins COBUILD English Language Dictionary. Coverage of over 70,000 references 90,000 examples taken from the
      123 words
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  • WORLD STOCK MARKETS
    • US stocks close narrowly mixed amid uncertainty
      • Article, Illustration
        NEW YORK
        863 24 UNCERTAINTY about the US economy and first quarter corporate profits kept most Wall Street stock investors at bay and trading volume thin on Wednesday. Share prices ended narrowly mixed, with blue chips slightly ahead. "There's no leadership from the bond market and earnings are continuing lower, which leaves
        863 words
      • Article
        AMSTERDAM
        225 24 DUTCH shares started higher in moderately active trade yesterday with NMB Postbank extending its gains in the wake of the ABN/Amro merger plan news. The CBS all-share index started 0.5 points higher at 116.5. NMB Postbank Group, itself the result of a 1989 merger between state-owned Postbank and NMB
        225 words
      • Article, Illustration
        LONDON
        969 24 UK SHARES closed below the day's highs on Wednesday with business dwindling to a trickle towards the finish. Dealers said thin volume and lack of real demand confined trading to a nar- row range during the session. "It's like a morgue," said one dealer, who added that the market
        969 words
      • Article
        FRANKFURT
        155 24 WEST GERMAN share prices surged in lively trade vesterday, sending the DAX index of 30 leading shares to a new record high of 1,961.77 points. But dealers said buying orders were not sufficient to sustain prices at these levels. The DAX index slipped back to close 25.29 points or
        155 words
      • Article
        PARIS
        112 24 FRENCH share prices were firmer by mid-day yesterday after a slow start but volume remained low, dealers said. The CAC-40 index was up 11.33 points at 1,950.77 after starting yesterday morning at 1,944.01. Shares in computer and electrical engineering group Ingenico rose sharply, adding 16.20 francs to 151.10. The
        112 words
      • Article
        ZURICH
        250 24 SWISS shares traded higher at mid-ses-sion yesterday, led by blue chips which averaged gains of more than one per cent. Volume was low. The all-shaie SPI index was 8.4 points or 0.79 per cent higher at 1,075.5. The SMI index of leading bearer shares rose 19.3 points or 1.19
        250 words
      • Article
        Untitled
        532 24 Brussels Mar 28 Fraac* FORWARD MARKET Aoec 4735 -95 Arbed 5180 -30 Ajtur 1450 -30 Brmscan 732 +8 Canpac 740 +12 Cock 210 -I De Beers 784 34 Ebet. 4210 -10 Gevaert *400 unch Gf Bru Lamb 3980 unch Hdbok Petro ***** -100 Ryt Dutch 2655 -10 Sidro. Soc Gen
        532 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      342 24 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND PEARL IMPORT EXPORT PTE LTD At an Extraordinary General Meeting of the Company held on 22 March 1990 at 10 Collyer Quay *21-01, Ocean BiMdlng, Singapore 0104 the following resolutions were pasead:1. SPECIAL RESOLUTIONWIN Dl NO-OP That Pearl Import A
      342 words
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      Page 24 Advertisements Column 2
      236 24 NOTICE TO CONTRIBUTORIES AND CREDITORS OF FIRST MEETING IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING UP NO. 143 of 1989 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF HOLIDAY, CUTLER, BATH A CO PTE LTD (IN LIQUIDATION) Under the Order
      236 words
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      Page 24 Advertisements Column 3
      316 24 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF STRATEGIC RECRUITMENT PTE LTD (IM MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) of the Companies Act. Chapter SO. that the Final General Meeting of the abovenamed Company will be held at
      316 words
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      Page 24 Advertisements Column 4
      52 24 GET THAT j^wer SEEKER S GUIDE provides you with comprehensive, practical, step by step guidance on the entire process of job hunting Features research on the prospective job and employer, r6sume, letter of application, job interviews, common questions asked and checklist for that big decision Available at all good bookshops
      52 words
Page thumbnail Page 25
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Intervention, profit-taking help yen recover against the US$
      1206 25 FOREX MARKET REPORTS FOLLOWING three consecutive days Qf decline against the US dollar, the Japanese yen yesterday recovered sharply with the help of heavy central bank intervention, profit-taking and stop-loss selling The US dollar closed at 156.65 yen and 1.7050 marks in
      1,206 words
    • Article
      INTERBANK FOREX RATES
      387 25 Cross rates Mar 29 US$ SS MS Dm Yen SFr Aj NZS USS 1.8860 2.7275 1.7060 157.30 0.6148 1.5125 1.3387 1.7316 SS 0.5302 1.4462 0.9046 0.8340 0.3260 0.8020 0.7098 0.9181 MS 0.3666 69.15 0.6255 0.5767 0.2254 0.5545 0.4908 0.6349 Dm 0.5862 1.1055 1.5988 92.20 0.3604 0.8866 0.7847
      387 words
    • Article
      MONEY MARKET
      565 25 Interbank rates S$ Bid Offer Overnight 6 1/16 6 3/16 1-month 6 1/4 6 3/8 2-month 6 5/16 6 7/16 3-monmth 6 5/16 6 7/16 Owight mode: 6 IS$ Bid Offer 7 days 8 1/4 8 3/8 1 month 8 1/4 8 3/8 2 months 8 5/16 8
      565 words
    • Article
      Lock icon Tokyo to seek G-7 currency cooperation
      304 25 Reuter FINANCE Minister Ryutaro Hashimoto said he will seek currency market cooperation during a meeting of the Group of Seven (G-7) industrial nations in Paris early next month. He told parliament he has received a formal invitation to the G-7 meeting and he wants
      Reuter  -  304 words
    • Article
      Lock icon UK inflation may breach 9pc, says BOE chief
      107 25 Reuter BRITAIN'S inflation, the scourge of Prime Minister Margaret Thatcher, will jump to an eight-year high of 9 per cent this summer from 7.5 per cent now, the country's central bank chief said on Wednesday. It could even go higher because of
      Reuter  -  107 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1389 25 SIMEX cmhhmh/W Open High Low Sett Est Vol Op/lnt Vol Jun 90 91.38 9L38 9L34 9L36 ***** ***** 6549 Sep 90 91.28 91.29 91.25 91.27 2094 5107 1642 Dec 90 91.11 91.12 91.08 91.11 158 2598 297 Mar 91 91.05 91.06B 91.04 91.06 28 355 18
      1,389 words
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  • COMMODITIES
    • Article
      Lock icon Cocoa body to drop US$30 trade levy
      409 26 Reuter A COUNCIL session of the International Cocoa Organisation (Icco) agreed to abolish a US$3O per tonne levy on cocoa trade and authorised the sale of 2,125 tonnes of the commodity held by the buffer stock. It also decided that the money needed
      Reuter  -  409 words
    • Article
      Lock icon Aquino urges higher rice production
      213 26 AFP PHILIPPINE President Corazon Aquino called on Wednesday for higher rice production, saying shortages of the country's staple grain would affect the people's confidence in the government. The agriculture department announced last week that it was buying 100,000 tonnes of rice from Indonesia to ease
      AFP  -  213 words
    • Article
      Lock icon Thai rice exports up by 26pc
      127 26 AFP THAILAND exported more than six million tons of rice earning 44.802 billion baht (US$l.79 billion) in 1989, according to a Commerce Ministry report. The report, presented during a cabinet meeting in Bangkok on Tuesday, said last year's rice exports showed a rise of
      AFP  -  127 words
    • Article
      Tin rises another 20 cents on buying support
      824 26 REPORTS THE price of tin rose another 20 sen to M$ 17.44 per kg on the Kuala Lumpur tin market yesterday on continued good buying support and sellers' reserve. At the opening, bids amounted to 417 tonnes against offers of only 89
      824 words
  • Article
    PRICES
    1386 26 mrnmmmmimmmmmmmmmmmmmmmmmvmmnmmmmmmmm Rubber Mar 29 m (W in ww) s cCTti/fcg Noon Cloae Int I RSSPrompt 149.50/I50.50N 150.00/151.00 Inl I RSS Apr 90 152.50/153.00N 153.00/153.50 Int I RSS May I54.7VI55.25 155.25/155.75 Inl 2 RSS OP I50.50/I52.50N 150.50/152.SON Int 3 RSS OP 145 00/147 OON 145.00/147.00N Int 4 RSS OP 141.00/143.00N
    1,386 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      870 26 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NORBELLA SHIPPING PTE LTD (In Members' Voluntary Liquidation) CERTIFICATE OF RESOLUTION DEEMED TO BE PASSED AT THE EXTRAORDINARY GENERAL MEETING on 18 March 1980 I. Or Aleidus Bosman, the duly appointed Corporate Representative of Credit
      870 words
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      Page 26 Advertisements Column 2
      884 26 FAR EAST DRILLING CONSULTANTS AND SUPPLIERS (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at Rm 1233 Star House 3 Salisbury Rd Tsimshatsui Kowtoon Hong Kong on 26 March 1990 ttte following Special Resolutions were duly passed
      884 words
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      Page 26 Advertisements Column 3
      15 26 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words
Page thumbnail Page 27
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      594 27 City Flight ETA Flight ETD Abu DkaM GA890 2250 GA970 2335 Amman RJ182 1445 RJ183 2320 >Msi»nUm QF16 1820 GA890 2250 Athoiw 0A471 2215 Bahrain QF10 1840 QF9 2225 Balikpapan GA911/ 0800 524 Bandar Sort BI421 1100 Bocawan BI422 1205 BI429 2030 BI430 2125 Binckok QF72
      594 words
    • Article, Illustration
      Spend your crowns, save your leftover lei
      636 27  -  GOING TO THE EAST BLOC By Brian F Hayes Concluding the roundup of current visa requirements and currency rules in Eastern Europe: CZECHOSLOVAKIA Czechoslovakia, which has been issuing most visas without much difficulty in recent years, has further simplified the process, especially for
      636 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.410 1.420 Canadian dollar I.S94 1.614 NZ dollar 1.078 1.118 Sterling pound 3.065 3.095 US dollar 1.8840 1.8920 Ixxal dollars to 100 units of foreign currency Austrian schilling 15.50 16.50
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      120 27 Duration Title Venue Onmiaer Td Duration Title Venue Otftniaer Td Mar 31- International Ban, Fiera Del (39)80/*****1 Apr 8 Fair for Leisure, Italy Levante Apr 5-8 Children'! Book Bologna, Ente Autonoroo (39)51/*****1 Sport*, Tourism' 'tdy Per Le Fiere Apr 3-8 International Helsinki The Finniih (358)0/***** K Bo4ocnl
      120 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      77 27 TF m T^S m Tht business person's choke every Tuesday, If 1I 3 I I Thursday, Saturday and Sunday. Leaving Chanci II I I I II I II I Airport at 21:55 hour) and arrivim al Lester B I I I J Pearson International Airport the following day. Call your
      77 words
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      Page 27 Advertisements Column 2
      213 27 SEND A CODPORY REPORT Mow and then, you send performance reports to your head office or The StraitsTimesj H I Make your report complete with a country report. But don't bother doing it yourself. Because there's The Straits pM,do«etote«n,taikutkK People—they're Times Weekly Overseas Edition. The «?nnreans must ma J° r
      213 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      203 27 money clcrical employment (8) 27 g 'n d fia'lon S (9) ome lfi(l0) YESTEROArS SOLUTION <y even in ncuon w 9 Corrupted but decent if (5) reformed (8) |AllAW*WcpM ß [A] o li|s|H| Aperson cm,tied to order cB i real chance (4) nique follow,n 8 stud y < 10 >
      203 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      219 27 Singapore OUTLOOK: Fair Report for 24 hours prior to 7.30pm on Mar 29 at the airport: Max temp 34.4 ASSOC SO Mia temp 25.9 Assoc humidity 90 Hrs of sunshine 10.95 Rainfall in mm NU Rainfall this mth 94.2 Rainy days this mth 4 Forecast for the rest of the
      219 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      23 27 LLi EM WFJ I U)cve thc u>holcT SONnftN p|?e A PI&OUT TvAOse Fiuisv-ieny I our »D£al I EVEN4MO STAMOARO CO LTO IM3-IMO —f
      23 words
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  • Article, Illustration
    Townerville will fetch at least $20.4m
    240 28  -  By Genevieve Cua THE URBAN Redevelopment Authority will rake in at least $20.4 million from the sale of Townerville, a residential project currently being restored. Townerville, fronting McNair Road, was built in the *****, and is being put up for sale by public tender
    240 words
  • Article
    Lock icon Medium-size Japanese firms scale down plans
    394 28 AP HIGHER interest rates and the sagging stock market appear to be cutting into investment plans by medium-size non-manufacturing companies, a major Japanese bank said yesterday. In general, investment remains strong in plant and equipment expansion, the Long-Term Credit Bank of Japan said in
    AP  -  394 words
  • Article
    Lock icon EC disputes panel upholds Japanese complaint
    246 28 Reuter A DISPUTES PANEL has found that EC duties on Japanese electronic products assembled at plants in the European Community are contrary to the rules of the Gatt trade forum and should be amended. Trade sources in Geneva said on Wednesday that in a
    Reuter  -  246 words
  • Article
    Lock icon Warning on Indon security
    86 28 AFP INDONESIA is likely to face internal threats stemming from the negative effects of its development efforts, former national security agency chief Sumitro has warned. "Future threats will come from within the state, as a consequence of the current development drive," the for- mer head of
    AFP  -  86 words
  • Article, Illustration
    Lock icon Hawke leads Labor to record 4th term
    355 28 Reuter AUSTRALIAN Prime Minister Bob Hawke yesterday led Labor to a record fourth successive term in government after Australia's closest election for 30 years. Conservative opposition leader Andrew Peacock had earlier formally conceded the Liberal-National Party coalition had lost the cliflhanger poll and
    Reuter  -  355 words
  • Article
    Lock icon Macau decision on Chinese illegals sparks mob scene
    236 28 AFP CHINESE NATIONALS who sneaked into Macau expressed joy and relief yesterday after receiving temporary authorisation to stay in the Portuguese enclave amid chaotic scenes outside a makeshift registration centre. "I have regained my freedom," said Chan Fei of Zhongsan, China, as
    AFP  -  236 words
  • Article
    Lock icon Group to promote investment in China
    163 28 Reuter A NEW ORGANISATION to promote Japanese investment in China was established yesterday. A spokesman for the Japanese Ministry of International Trade and Industry (Miti) said in Tokyo that 120 banks, trading companies, manufacturers and associations had jointly set up the Japan-China Investment Promotion
    Reuter  -  163 words
  • Article
    Steamers takes 30pc stake in Folec
    255 28  -  By Elaine Koh STEAMERS Maritime Holdings, part of the Keppel group, has diversified into the telecommunications field with an initial acquisition of a 30 per cent stake in Folec Communications Pte Ltd. Steamers, which runs a regional shipping service, will pay $4.25 million for
    255 words
  • Article
    Lock icon Chaovalit decision clears up confusion
    245 28 Reuter A DECISION by Thailand's army chief, General Chaovalit Yongchaiyudh, to accept two Cabinet posts ends months of intense speculation over his political ambitions. He said on Wednesday that he would accept the posts of defence minister and deputy prime minister in charge of national
    Reuter  -  245 words
  • Page 28 Advertisements
Page thumbnail Page 29
  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Amazon route for Asian goods proposed
        129 29 AFP PERU'S CONSERVATIVE PRESIDENTIAL candidate Mario Vargas Llosa is proposing a trade route involving the Amazon River as an alternative to the Panama Canal for Asian goods to reach the Atlantic, an aide said. Miguel Vega Alvear, candidate for senator for Vargas Llosa's pro-business
        AFP  -  129 words
      • Article
        Emery awarded US military contract
        68 29 EMERY WORLDWIDE has been awarded a US military airlift command contract for one-year. The contract stipulates that all US Department of Defence shipments weighing less than 45 kilos will be transported by Emery, including classified, sensitive and controlled cargo and explosives. Emery Worldwide will handle
        68 words
      • Article
        Lock icon Czechoslovakian airlines lose monopoly
        100 29 AFP STATE-OWNED CZECHOSLOVAK airlines Ceskoslovenske Aerolinie (CSA) and Slovair have lost their monopoly on the country's air services under a new law passed Wednesday, the CTK news agency said. But deputies rejected an amendment which would have allowed foreigners to run air services in the country.
        AFP  -  100 words
      • Article
        Lock icon Japan's vehicle exports fall again
        102 29 AFP JAPAN'S EXPORTS OF VEHICLES in February fell 3.1 per cent from January to 483,852 units for the sixth straight monthly decline, the Japan Automobile Manufacturers Association reported on Wednesday. The February exports were also down 6.9 per cent from a year earlier. The association
        AFP  -  102 words
      • Article
        Lock icon Swedish shipyard wins submarine order
        71 29 Reuter SWEDISH SHIPYARD Kockums Marine AB said it had won a 2.5 billion crown order for a new generation of Type Al9 submarines for the Swedish navy. It said the initial order for three vessels included an option for two more and a further option
        Reuter  -  71 words
    • Article
      Taipei freight forwarder sets up branch in Manila
      148 29  -  -By AL O LABITA MORE FOREIGN freight forwarders are going to the Philippines. Aempac System, Inc (AMI), a Taipei-based NVOCC, is the latest to set up a branch in Manila following the entry of Accord Container Line, a Philippine subsidiary of Singapore's
      148 words
    • Article
      Hongkong's ship finance market likely to be sluggish this year
      223 29 THE SHIP FINANCE market in Hongkong is expected to be sluggish in 1990, according to local banking sources. "Ship finance is slowing down. Owners are actively evaluating tonnage but not brave enough to order." Joseph Poon, deputy managing director of
      223 words
    • Article
      Index to advertisers
      1217 29 Fog* Column AtC Contowtartma TKirtaan 5 Accord SKpg Tan 3-5 AJboKtn Sao Air Sauan 5 AMrad C Toaplar Fourlaan AKrankial Unar fihaan 5 AKIm Eight I ATI «ua 3-5 AFS fourtaan I Aiiwo lin* Filtaan 4/5 Arrow linat Nina 5 ASG fiFtaan I Amu Exprati Six 4/5
      1,217 words
    • Article
      M'sian hauliers hampered by lack of information
      359 29  -  By OTHMAN ABU BAKAR THE THREE main container haulage companies in Malaysia Kontena Nasional, Shapadu Kontena and Konsortium Perkapalan are hampered by a lack of centrally coordinated information. One operator said that although they were capable of meeting customer demands, cases of ships
      359 words
    • Article, Illustration
      Visualcraft and Chem-Solv to form partnership
      340 29  -  By RAHITA ELIAS TANK CONTAINER repair and maintenance firm Visualcraft Engineering has forged a tie-up with chemical waste treatment specialist Chem-Solv Technologies. The 50-50 joint venture will merge Visualcraft's maintenance and repair services with Chem-Solv's tank container cleaning capability. Negotiations are likely to be
      340 words
    • Article
      Bangkok to invite Anera's HK officials for talks
      244 29 THAILAND'S Transport and Communications Ministry will take a direct role in negotiating with the Asia North America Eastbound Rate Agreement (Anera) over the unhappy problem of charges imposed on cargoes handled at private container yards (CYs) and container freight stations (CFSs). The
      244 words
    • Article, Illustration
      Lock icon Decade of the handy size bulker?
      1323 30 In this article, Lloyd's Shipping Economist assesses the market potential for the handy size dry bulk carrier and considers whether small will be beautiful for shipowners in the *****. OF THE THREE major dry bulk carrier size ranges, the 10-39,999 dwt sector has arguably
      Source: LMS  -  1,323 words
    • Article
      Bunker market report
      541 30 DanaHy Water Carbon Aah AlumMum SadbMflt KQ/M*3 V/V M/M M/M PPM SUM WO/Ctmac HmMs Spac E25 901 1.0 15.0 0.10 30* 0.10* Spac 035 801 1.0 18.0 0.15 30* 0.10* Northam Europa 180 Ava 081 0.3 13.1 0.06 8 0.02 180 Max 007 4.4 17.8 0.14 130
      541 words
    • Ships in Port
      • Article
        MALAYSIA
        257 30 Port Klang South Port Hai Lang berth 2; Boxing Hai berth 3; Hong Hing berth 4; Swee Ann Satu berth 5; Thai Ho No 1 berth 7 A KCT: Perkaaa berth 8; Alaska Maru berth 9; Sea Leopard berth 10; Kabuki berth 10 North Port Alam Tenaga berth 12;
        257 words
      • Article
        SINGAPORE
        2022 30 AT CONVENTIONAL WHARVES VmmI Voy No Barth Arrival Dapartura K appal Wharves Azur I K33 olongsid* 5.04/ 2300 Sorlin Hdd 2,-90 K28 alongside 2903/ IS00 Eastern Gl 09€/90 KI8 atongsida 3003/ 0900 Jinttuquan 3 K30 alongside 3103/ 23S9 ICofa Agung E 844 K3I aiongs-d. 104/ 0400 Kom Bariiat 14/90
        2,022 words
    • Article
      London Freights
      833 31 DRY CARQO freight rates on Wednesday continued to drift lower in quiet conditions as the market continued to be depressed by the current lack of enquiry for tonnage a factor which has left the market oversupplied. Dealers said there were few significant fresh fixtures with a seven point
      833 words
    • Article
      SHIPPING LIST where your ships are due... and when
      9901 36 AARHU9 Tokio Express, Triot, March 29. Anna Meerak. Maerak Llna. March 29 Kutai. Djasagatrl. March 31/ April 4. Norasia Al Muntazah. Norasia/SeaLand, April 1. Evar Gallant, Evargraan. April 2. Ming Star, Yang Ming Llna, April 3. Korrigan. Scan Dutch, April 4.
      9,901 words
    • Article
      Lock icon Rich nations should take lead in spill prevention: Subroto
      488 44 Reuter THE SECRETARY-GENERAL of the Organisation of Petroleum Exporting Countries, in Alaska to tour the site of America's worst oil spill last year, said industrialised nations must assume primary responsibility for protecting the environment. "The pollution that takes place comes primarily
      Reuter  -  488 words
    • Article
      Lock icon Mutsu starts reactor tests
      60 44 AFP JAPAN'S only nuclearpowered ship, the Mutsu. began testing its reactor yesterday in the northern Japan port of Mutsu for the first time since a radiation leak caused it to be shut down 16 years ago. The tests, if successful. would pave the way for the
      AFP  -  60 words
    • Article
      Lock icon Study on refinery pollution
      78 44 Reuter AMOCO OIL CO said it will conduct an 18-month joint research project with the US Environmental Protection Agency (EPA) on refinery pollution prevention alternatives. The study at Amoco's Yorktown, Virginia, refinery will examine releases of pol- lutants to air, water and land, simulate and assess
      Reuter  -  78 words
    • Article
      Thai port authority and shipowners to meet on tariffs
      213 44 THE PORT AUTHORITY of Thailand will meat representatives of the Bangkok Shipowners and Agents Association next month to resume talks on sweeping adjustments in the port's proposed tariffs. The meeting, scheduled for April 11. follows disagreement in the first round of
      213 words
    • Article
      Lock icon World Bank sending team to study operations at Tacoma port
      342 44 Journal of Commerce THE WORLO BANK, which each year loans hundreds of millions of dollars to ports in developing countries, said it will be sending a team of its port executives to study the port of Tacoma. John R Lethbridge,
      Journal of Commerce  -  342 words
    • Article
      Lock icon Evergreen hinders pact to reduce capacity
      306 44 Seatrade Week STEAMSHIP LINES In the North Atlantic are trying to enact a capacity reduction agreement much like the year-old Transpacific Stabilisation Agreement, but it isn't working. Recent meetings in Frankfurt among carriers in the trade ended without any agreement. Speculation about why no
      Seatrade Week  -  306 words
    • Article
      Lock icon OIL Insurance Incurs net loss of US$238m for 1989
      106 44 LLoyd'a List OIL INSURANCE, the large Bermuda business that insures some of the world's major oil companies, has reported a net loss of US$23B million for 1989. Company president K Doyle Stephens said the loss was al- most entirely due to
      LLoyd'a List  -  106 words
  • Page 29 Advertisements
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      62 29 SSWEE HENG METAL CO PTE LTD 13 TVJAS AVE 14. SINGAPORE 2263 TELEX RS ***** SMMCPL TEL: 861 5855 (Snn»s) telefax: M« 29«« rr.— ConlmnmHtndlm* *nd StjtH Warehoue# Truck* S«d«kfl» Crwrmt P«f«t Trucks Alto buy. M«. rental A rapa> BRmSH DESIGN INNOVATION 6 GERMAN QUALITY ENGINEERING For advertising and circulation
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      Page 29 Advertisements Column 2
      18 29 Lines and services represented by Members of the Registry of Accredited (fifQaM Shipping Agents, Singapore National Shipping Association.
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      Page 29 Advertisements Column 3
      167 29 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vessel/Vov SIN MAA CCU METTE RIIS 02 03/4 10/4 INGER RIIS 01 09/4 16/4 CALL: 224*071 (Sm Pap 13 Column 4). NIPPON YUSEN KAISHA N.Y.K. LINE is pleased to announce that with effect from Ist APRIL 1990 N.Y.K. LINE will be represented in Singapore by
      167 words
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      Page 29 Advertisements Column 4
      144 29 INSIDE Handy size bulk carrier OF THE THREE major dry bulk carrier size ranges, the 10-39,999 dwt sector has arguably entered the 1990s in the best shape. Lloyd's Shipping Economist assesses the market potential for the handy size dry bulk carrier and considers whether small will be beautiful for shipowners
      144 words
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      2252 31 a AGENCIES \»l§## 200 C*nto«mtnt Roed #12 06 South point, Sinppore 020 V Tel *****11 TELEX NO RS ***** ITpXDQIVI TERMINAL,CFS Tel *****11 220 r*> 1 VMM I BOOKINGS TH *****34 235 J p f saka jardine shipping agencies son bho PORT KELANG TEL ***** IS TELEX NO MA*****/MA***** j.
      2,252 words
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      Page 31 Advertisements Column 2
      2279 31 Veeeel Voy ETA I ETO 'Port 'Penang DESTINATIONS Singapore Kelang Thw ana* Mart M Closing Tlma Feeder by cy v« 0400 M«a m rum a BM BBHI mam mbh CfS 2/4 1800 MRS M Tauro OAK LOB MOU MEM ATL MIA CMS BAL PHL MYC MOW TOW MARIT M 9004
      2,279 words
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      1061 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOLAGA BAY 09/540 4/4 8/4 24/4 28/4 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 8/5 HEIDELBERG EXPRESS 08/546 18/4 20/4 8/5 10/5 12/5
      1,061 words
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      Page 32 Advertisements Column 2
      678 32 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 S/t JOHOI E: V NORTHBOUND TO UKC I SPORE I ROM/A'OAM MBC HULL(U.K) IVYBANK V 26N 31/3 1/5 5/5 TAUSALA SAMOA
      678 words
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      Page 32 Advertisements Column 3
      1483 32 PS] VMABIA REGULAR INDEPENDENT FULL CONTAINER SERVICE Z WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA '1 (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MUNTAZAH 9004 3 01/04 05/04 17/04 21/04 23/04 25/04 26/04 27/04 21/04 29/04 3104 r NORASIA SAMANTHA 9005-3
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      Page 33 Advertisements Column 1
      1537 33 Steamers Maritime Holdings Ltd ferp&o IffmssuLtm Containers M l 1 Vper* S tan H'kurf B'taven R datn Left ACCEPTS 00E SAILS BiiMMM mm mm am m* wot zu* cargo TWtO EXPRESS 2*3 Z2* 17* IW W MERCURY PEARL VIBE Kuch. Bint. Miri Daily 31 Mar 01 Apr S 5 %SS
      1,537 words
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      Page 33 Advertisements Column 2
      1760 33 TO: EUROPE TO: FAR EAST SP LN ROM HAM BRE FIX STORE NK KAO BU HANJIN OAKLAND 007W 31/3 1«4 I*4 70/4 22/4 23/4 HANJIN TONGMAE 072E H/3 3/4 4/4 1«4 CHOYANG SUCCESS (WW 13/4 1/5 2/5 J/5 sft &/5 HANJIN ROTTERDAM 007E 2/4 V 4 1/4 12/4 HANJIN TONGHAE
      1,760 words
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      Page 33 Advertisements Column 3
      26 33 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 16/4 KARACHI A«M* IMMMAVA MEISHM N.T.V. TMMPORTATIOM CO. (PTQ LTD. T«t mu Ttc M mil te amn
      26 words
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      Page 33 Advertisements Column 4
      340 33 A.' BB^ STRUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL SEKI COSMIC AMBALIKA MATSUYAMA PIONEER VOY. NO VB3 4 54 Sport 31/3 31/3 10/4 P. Kelang 3/4 Penang Hong Kong 5/4 Yokohama 14/4 Nagoya 12/4 Osaka 10/4 Scnboku Kashima Funabashi •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE
      340 words
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      Page 34 Advertisements Column 1
      631 34 CR NBR **********0-0 EXPRESS SEW-CONTAINERSHIP SERVICE VSUVOY S PORE R DAM/ H BURG BRUKN ANTWERP ADAH KUTADHWB 11/3-4/4 4/5 1/5 13/5 S.PANJANG/2SWB 15-11/4 13/S 17/5 W Z2/5 MATARAJI/AWB 25-21/4 10 7* 1/1 12* FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERiSED CARGO Sutycct to Inducement. Also accepting cargo to CaMblmca, Port Said. Port
      631 words
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      Page 34 Advertisements Column 2
      711 34 SHIPPING yy J FULL CONTAINER SERVICE I»» I* a 'j,— yw,, r FQOU VSL SIN INK HAUI lAH OAH w w y &KSSS 14/4 2/5 3/5 ifi lli CMOYANC CHANCE MK *4 N RUNSAJI MIX 4/5 M 21)4 9/5 10*5 11/5 13/5 14/5 ITU 2M 16/5 17/5 11/5 2«5 21/5
      711 words
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      Page 34 Advertisements Column 3
      1419 34 J -I ■TJTTTTnKI Hat n 1 H n i^^ PKL SGP MnciuwiaoiiimuLUNMniniiKMi ever gentry an up m m MfiyMHi>DWSWWW CSI; EVER GATHER /K UK Wt IIK UK W KH 1*! EVER aua "5 K EVER GLEAMY 1W 17/4 2*4 W 27/4 M/ 4 6 7/5 1* M/l >» J EVER
      1,419 words
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      1142 35 a^ssjg a pacific international lines (pte) ltd flp mw/B PIL Building, 140 Cecil Street #0300, Singapore 0106. Djakarta I I Bangkok JOY SIN JICT SIN VESSEL VOY SIN BKK SIN OILTA MAS 148S 31/3 2/4 7/4 KOTA SINQA 05N 31/3 4/4 IS/4 J7M 2/4 4/4 KOTA JAM 22N 1/4 4/4
      1,142 words
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      Page 35 Advertisements Column 2
      1095 35 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. m Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT SP PK STON HAM B'HAVEN RDAM HAVRE Toiaaa Bay 4/4 6/4 24/4 27/4 28/4 26/4 25/4 Hamburg Express OMIT 30/4 24/4 26/4 23 4
      1,095 words
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      Page 35 Advertisements Column 3
      506 35 M MYANMA PS*. five star uwe (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kelang Penang Bangkok MERUJI V/*W 23/30 MAR PATHEIN V/100W 25 Mar 1 APR PAGAN V/S4W 31 MAlt/2 APR MYOMAr«A VI2SW 21/31 MAR HPAAN VI4SW 4/* Apr THE BANK LINE (A service of Andrew Weir Shipping) XhT
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      Page 36 Advertisements Column 1
      540 36 lIIAiSISjIIHIII ftlftWfiliiijl'M^M IRANIAN SERVICE Singapore Loading tor IRAN TEYFOURI 2/4 Banda Abbas (National Una Of Maxlca) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKG LB ENSCNAOA L CARDCNAS S CRUZ MANZANILLO TOtUCA V-10 31/3 22,4 24/4 28,4 30/4 2/5 MTAL ¥24 1/4 2/S 13/5 QAXACA VU 11/4 13/S 14/5 11/5 20/5
      540 words
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      Page 36 Advertisements Column 2
      335 36 /HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUWD TO USA WESTBOUND FROM USA TO PSW SIM HKC IBM OAK St* FROM PSW LBH OAK SEA HKG SIN HYUNDAI EXPLORER 30E 30® 0504 2304 2*04 2504 HYUNDAI INNOVATOR W 0603 01/03 11/03 2503 0504 HYUNDAI COMMANDER 14E 0704 12/04 3004 0305 0105 HYUNDAI
      335 words
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      Page 36 Advertisements Column 3
      60 36 SOUTHBOUND VESSII *OY OS* H6O YOK HK6 [SIN |FRM OCT KAPITAN BABIYtYSKIY 11 2/4 30/3 29/3 64 11/4 1(21/4 22/4 KAPITAN SHIN II 17/4 11/4 12/4 22/4 Vl* 5«/5 9/5 NORTHBOUND YISStL YOY rRfM GTON SPOtt HKC OSA NAG YOK KAPITAN SILIN 10 SM SM 31/3 5/4 15-4 13/4 11/4
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      Page 36 Advertisements Column 4
      266 36 CCNH Compart la Chilena de Navcpcion Inirroceanica 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 MASBULDMGfIS43A7 10 SHENTON WAY. STORE
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      Page 37 Advertisements Column 1
      837 37 MSjBEs InterCoa mami i imi rrt: i.tii FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG 1/4 TOKYO 5/4 LE HAVRE 9/4 LAUTOKA —13/4 KEELUNG 1/4 YOKOHAMA 5/4 ROTTERDAM 9/4 SUVA —13/4 MANILA 2/4 KOBE 5/4 UK PORTS 9/4 BANGKOK 7/4 AUSTRALIA HAMBURG 9/4 FAST AFRICA BUSAN -7/4 GOTHENBURG 9/4
      837 words
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      Page 37 Advertisements Column 2
      584 37 I vEZ. [I EF z? 3? a s .r sr- sr zr-~" sr ar-™ sr"* 8 sr I N Rochester/9006 11 4 14,4 11/4 tl/4 13/4 18/4 1/5 *5 3B Jg 4fi liS 2W 22S 23fi I N toano/VO? 25/4 21/4 2*4 25/4 27/4 15/5 22/5 W W 19 5
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      Page 38 Advertisements Column 1
      1116 38 IUESSt VOY *INDO 'PK/PNG [sCP LB CMLS NFK NYC HFX I OOCL FAIR 19 2S/3 29/3 31/3 23/4 3/5 5/5 7/5 11/5 I RAINBOW BRIDGE 23 2/4 3/4 5/4 21/4 «/5 10/5 12/5 16/5 I OOCL FREEDOM 30 9/4 10/4 12/4 5/5 15/5 17/5 19/5 23/5 I OOCL FAITH 19
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      Page 38 Advertisements Column 2
      1570 38 IT, SIN MDAYt ♦(1 DAY) "I >(1 DAY) |M£NA 02/04/90 PORT KELANG PENANG BANGKOK VICTOR [TWICE/WKLY BOOKING. CONTACT 1 01/M/SIT HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY TWICE/WKLY g """L BUSAN 4fg"*<ifc jsEWENE/SITI [TWCE/MIY y, BOOKING. CONTACT S5$ M "°"L TnKYn mSr [nricEffrKir «ruyci BOOKING, CONTACT 0 E YOKOHAMA LOS ANGELES NEW
      1,570 words
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      Page 39 Advertisements Column 1
      1718 39 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings UK/EUROPE *****19, AUST/INDIA/PAK-*****18 M USA *****16, FAR EAST-*****48 Documentation: *****44/*****14 flVff Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4 rw- nd^ V 8E V 12/03 13/03 16/03 WO3 top* 06W
      1,718 words
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      Page 39 Advertisements Column 2
      1083 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** pt najic P- WLAMC MESSRS NAI THOHG SHIPfING 127 ySHAWCUWC SYSIM* CO fcjuuaSBm»rt» fr&ssi naa ts&r zzhz,
      1,083 words
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      338 40 DSR LINES VEB DEUTRACHT/SEEREEOEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TP EAST MEDITERRANEAN NORTH CONTINENT EUROPE E. THAELMANN 2/10 RUEBELANO lflO W. -ULBRICHT 4IK T. WEN DA 5* •ygh LAMACA ACCtrriM CARGO fOR -iMASSOt, BEIRUT, IATT AKIA, ALtXAAORIA, ISTANBUL TRIPOLI, MERSIN, PORT SAID, PIRAEUS, TMESSALORIKI. IZMIR. TO COLOMBO
      338 words
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      Page 40 Advertisements Column 2
      1027 40 UKC COWViWTWWAI agß Vmml P KIG PNC P C LoWin| fw TONGCHUAN I*3 R«t»rt»l*A.itw«r» YANCCHUAN 21/4 Rottwton/Antwwp WHMA niq CONTJUHKM WVKI VMMI PKL PNC SPORE BKK HKC SHA Q4N IYG WEI ME 27/3 2*3 31/3 *4 I*4 YANG FANC KOU US 31/3 2*3 *4 11/4 I*4 2*4 Acc«ptin« FCL C*fO
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      Page 40 Advertisements Column 3
      262 40 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INDAH In Port 2.4.90 PANJANG/PK BALAM NAGA JAYA 4 4.90 6.4.90 PANJANG LAMPUNG JAYA 6.4.90 8.4.90 SEMARANG/PANJANG PINANG JAYA 10.4.90 12.4.90 PANJANG/PK BALAM PERITA JAYA In Port 303.90 PANJANG/JAKARTA ABADI JAYA 5.4.90 6.4.90
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      Page 40 Advertisements Column 4
      522 40 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL ft CONVENTIONAL CARGOES I AFGHANISTAN!: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :'B/4, 13/4, 22/4, 29/4, 12/5, 16/5 [EUROPE I To all inland points: VIA VOSTOCHNY
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      Page 40 Advertisements Column 5
      476 40 ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) yam Iww 1 $muHM mmm <5} I SOI BHUM 441N Tlw Hi P! Sun ll*m m PIYA BHUM TUX S»t 31/3 T— 3Hm M JIM BHUM* tOW Sun 1/4 M* CHAIYA BHUM <■ S»t H/3 To IK "J Z MAMA
      476 words
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      956 41 EXPRESS FEEDER SERVICE (Fully Containerised) "L VESSEL SIN CAL CTQ A VSL 2/4 8 /4 A VSL 4/4 10 /4 A VSL 13/4 19/4 A VSL 11/4 1 7/4 I (Conventional Service) > ETA S'PORE LOADING FOR BANOLAR PROGOTI 14/4 S.KOREA/JAPAN BANGLAR MAYA 7/4 CTG/MONGLA ETA S PORE LOADING FOR
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      Page 41 Advertisements Column 2
      208 41 VESSEL VOY ETA LOADING FOW SPOWE miIF T TOWB MrtX OARESSALAAM MOMBASA. OJIBOUTI AWOINET IWWB A3SAB. MASSAWA MOOCIOAH ARRAY WCH2 24VW 26/06 DAfIESSALAAM MOMBASA. OHBOUTI ABBAY WONZ 24W8 ASSAB. MASSAWA HOOEIOAM Bl KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel
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      Page 41 Advertisements Column 3
      599 41 MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA t 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 PAJ SIN
      599 words
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      Page 41 Advertisements Column 4
      674 41 rrnai BAY OF BENGAL SERVICES MADRAS CALCUTTA ftiSEH WT sm sm MCTTE RIIS 02WO (B/4 10/4 17/4 METTE RIIS 03WO 17/4 24/4 01/5 MEETE RIIS 04W0 01/5 0«/5 15/5 METTE RIIS 05IW0 15/S 22/5 2S/5 MEETE RIIS OWrtO 2S/5 05/» U* METTE RIIS 07IW0 12* H/t VESSELS VOY SIN CCU
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      Page 41 Advertisements Column 5
      290 41 WITH EFFECT FROM IST APRIL, 1990, ABC CONTAINERLINE N.V. ~.j IS PLEASED TO ANNOUNCE j THE APPOINTMENT OF BELSIN SHIPPING AGENCIES PTE LTD, (A JOINT VENTURE COMPANY BETWEEN ASC CONTAINERLINE N.V. AND KIN YUEN CO. PTE ITO.) N AS ITS GENERAL AGENT IN SINGAPORE. fJ® FARGO LINES\ |'W Tel: *****22
      290 words
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      Page 42 Advertisements Column 1
      710 42 COMPANIA PERUANA oe vapores "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES■ TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Ptnang* P. Mlang Sin«apor« MURRAYEVERETT 2/4 Apr 5/7 Apr KAMALEVERETT 20/22 Apr 23/25 Apr THOMASEVERETT 26/28 Apr "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN
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      Page 42 Advertisements Column 2
      618 42 Wmt Coast. Caribbean,Eait Cimdi HAITI. Guatemala and Hondurai VSL IS PORE IMAINLINER |LAX [KST jSAV [NYC |HFX A VESSEL 31/3 ZIM HONGKONG 2M 7/5 10/5 12/5 14/5 ZIM SYDNEY 9/4 ZIM TOKYO */S 15/5 11/5 22/5 A VESSEL W ZIMPUSAN 15/5 24/5 27/5 2*5 Jl/5 A. VESSEL 13/4 ZIM PUSAN
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      Page 42 Advertisements Column 3
      752 42 MSING HWANG HANG MWmM TRANSPORTATION (FT*) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 4/4 7/4 JENWEL 30/3 1 I 2/4 VESSEL S PORE BANGKOK A VESSEL 3V3 3/4 A VESSEL 7/4 10/4 DESTINATIONS ETA SINGAPORE PORT KELANG 30 MAR MANILA 2 APR HONG KONG. ALL CHINA PORTS 31
      752 words
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      Page 42 Advertisements Column 4
      482 42 PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VQV SINGAPORE JAKARTA SURABAYA PtLOPOR 935 31/3 03/4 PRASETIA 81A 04/4 07/4 PELOPOR 936 7/4 10/4 1 PRASETIA 83A 11/4 14/4 TANTO UTAMA 65 04/4 07/4 TANTO UTAMA 67 11/4 14/4 TANTO UTAMA 69 18/4 21/4 TANTO UTAMA
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      Page 42 Advertisements Column 5
      462 42 111 FM EAST 1/4 KEELUNG/KAOHSIUNG r 1/4 BANGKOK r 1/4 MANILA 7/4 JAKARTA 6/4 PORT KELANG/PENANG 5/4 BUSAN 5/4 TOKYO/YOKO/KOBE 3/4 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuflttu/ Xtamen/Xingang/Shanghai SIM imn/u 8/4 LDN/FLX/LVP/SOU 8/4 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. S!N UIA/CAHADA 6/4 L.A./NYC/SFO 6/4 VANCOUVER/TORONTO/MONTREAL S!N AUSTRALIA/NEW
      462 words
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      Page 43 Advertisements Column 1
      137 43 -SINGAPORE SURABAYA/JAKARTA t CONTAINER SERVICE VCSSCUVOY SPORE SURABAYA JAKARTA PERMAI I "0033-033 2/4 5/4 7/4 PERMAI I 0034-034 10/4 13/4 15/4 PERMAI I 0035-035 18/4 21/4 23/4 PERMAI I 0036-036 26/4 29/4 1/5 CONFER (S.E.A.) i. ZgH SHIPPING PTE LTD t/KM TEL: *****68 FAX: *****45 DIRECT CONVENTIONAL SERVICE TO CALCUTTA/MADRAS
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      Page 43 Advertisements Column 2
      758 43 VSL DESTINATION ETA SIN PIYA BHUM V Zm BANGKOK 31/3 CHAIYA BHUM V.O2N BANGKOK M MAHA BHUM V (ON BANGKOK 4/4 SIHI BHUM V442N BANGKOK t/4 SO ORIENT 13R CtBU, MANILA 2/4 AKA BHUM 14S CEBU, MANILA V 4 VIRA BHUM V.71 CHITTAGONG, MONGLA 2/4 0 SINCERITY 22A KARACHI. BOMBAY
      758 words
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      Page 43 Advertisements Column 3
      725 43 V LCL/FCL TO/FROM a/2 KL: allied-LINK SINGAPORE: /fHj\ m04«***** 03-*****55 778 0522(22 LINESI pEES A# —H— 0«f N|«MMM CMmv ANM YNMMT YM IVCMCL MM m. om MY I LONOON BRIDGE VOYOBW 07/04 18AM 23AM SAM OMFU VOYOBW 19AM 30AM 06/06 OMIT ALS PROSPERITY VOYIOW 2AAM 10A* 2V06 OMIT AccapMnq FCL'
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      Page 44 Advertisements Column 1
      960 44 I^^h UK/CONTINENT (TRIO) TOLAGA BAY IjT "T IgT S" "T KSP?- H|HH ALASAKA MRU Nf4 11/4 *JJ JJ f I *i DuW>« ■*&ULI!L^H i *11 f iMB OSAKA BAY M/ 5 I|S IRfS 7/S I*S MEDITERRANEAN MED CLUB)* JEDDAH |J|flJIH 1 ST" S?"" ST"" ST ST TOLAGA BAY jft «jj
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      Page 44 Advertisements Column 2
      62 44 NOTICE VOT 1 Arrived Singapore Slat March. Conslfneea of all damaged cargo*! ax the captioned veaeel la hereby notified that a Oeneral Survey will be held on the 2nd April i960 (Monday) at Keppel Wharves Kl9 from 0000 hrs 1300 hrs. No further survey will be held thereafter Agents: "K"
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      Page 44 Advertisements Column 3
      42 44 IFB INTERNATIONAL FREIGHTBREDGE PTE LTD 70 Shenacm Way Manna House #13-02 Singapore 0207 Tel: *****80(3 tinea) Fax: (65) *****96 Tlx: RS *****1F851N By Sea or by Sea-Air We are the BEST to EUROPE Please call Tel: *****80 for details (Din Kay Hock/Clara/Kristy) ?•":>;
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  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      140 44 Weat^ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCH 30. LEGEND R Thunderstorm Temperature c J, y-, ower Weather Wind direction with speed m krvots R<Mn VAI A Cloudy Sky Wave height Surface winds ore indicated by orrows which fly with the wind One Ml circle represents cokn
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