The Business Times, 9 April 1990

Total Pages: 40
1 40 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Monday April 9 1990 75*
    10 words
  • NEWS SUMMARY
    • 49 1 SOVIET PRESIDENT Mikhail Gorbachev expects his summit with US President George Bush to be dominated by talks on disarmament, German reunification and economic relations. "We have a good understanding with President George Bush," he was quoted as saying in yesterday's edition of Pravda.
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    • 31 1 CHOTEK APARTMENTS, the only high-rise apartment building in Nassim Road, is expected to fetch at least $27 million when it goes on the market this week Page 2
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    • 37 1 HONGKONG investments in Malaysia have surged in the past two years as the colony's companies take advantage of the country's low property prices, cheap labour supply, and good communications and infrastructure Page 7
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    • 40 1 THE US ECONOMY seems to have fallen back into a rut. Its burst of growth earlier this year has proven to be as short-lived as the warm winter weather it was founded on, say economists Page 8
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    • 38 1 TALKS on a US$l2 billion European bank to back mar-ket-economy reforms in Eastern Europe, delayed by US and Japanese insistence on stringent lending limits for the Soviet Union, now appear closer to conclusion. Page 9
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    • 32 1 THE SINGAPORE Youth Orchestra's 10th anniversary concert last Thursday was a poignant affair as the orchestra members said goodbye to music director and resident conductor Vivien Goh. Page 13
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    • 28 1 JARDINE PACIFIC, the trading and services arm of Jardine Matheson Holdings, is to substantially expand its operations in Indonesia this year. Shipping Times Page One
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  • MARKETS SUMMARY
    • 21 1 GUTHRIE GTS Ltd has reached an out-of-court settlement with Taras Holdings on its aborted Shahzan Tower deal Page 3
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    • 30 1 UPMARKET watch retailer The Hour Glass is continuing its diversification plans with a couple of moves that will expand its restaurant and leisure divisions Page 3
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    • 31 1 SEMBAWANG Engineering has clinched a $61 million deal to build fuel oil storage facilities for the Public Utilities Board's Pulau Seraya Power Station Stage 11 Development Page 3
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    • 30 1 MALAYAN UNITED Industries may inject the MUI Plaza and two other yet-to-be developed properties into the property trust that it is proposing to set up Page 4
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    • 32 1 SIMEX is likely to launch three new contracts Euroyen interest rate options. Euromark interest rate futures and crude oil futures in the second half of the year. Page 6
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    • 30 1 OCBC BANK has become the third of the Big Four local banks to raise its prime lending rate by half a point to 6.5 percent Page 6
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    • Article, Illustration
      27 1 Friday Change BT-MGA 755.41 -3.64 Kuala Lumpur .2,827.94 -43.06 Hongkong 2,956.12 -4.76 Tokyo 29,278.78 +1,029.72 Sydney 1,511.4 +7.0 New York 2,717.12 -4.05 London 2,221.1 -18.4
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    • 22 1 Exchange rates USS SS 1.8740 Yen (100) SS1.1906 MS SS0.6866 Money market rates Overnight 6 5/16% +9/16 3-month 6 3/8% +1/16
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    • 30 1 Rubber S'porc May 157.00«/kg +0.25 M'sia May 226.50«/kg unch KL Tin Turnover 70 tonnes -10 Spot M$l7.80/kg -0.15 Crude palm oil futures Turnover 556 lots -588 April M$664/tonne +1
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  • 387 1  -  By Loh Hui Yin SINGAPORE Petroleum Co's (SPC) plan to go public is likely to be speeded up following a decision by one of its major shareholders to sell its stake in the company. Amoco Oil of the US, which holds a
    387 words
  • 334 1  -  By Lilian Ang SINGAPORE Petroleum Company (SPC) is moving into the tank storage business in a big way. Within the next few days, the oil company is to formalise a deal which will see it leasing from the Port Of Singapore Authority (PSA) a slog
    334 words
  • 359 1 Agencies THE AILING Japanese yen, which has lost nearly 10 per cent against the US dollar since February, can expect a fresh dose of support from major central banks when currency markets re-open today. After almost eight hours of talks in Paris last
    Agencies  -  359 words
  • 283 1  -  From Loh Hui Yin in TAIPEI HOW TO foster economic cooperation with Taiwan is expected to figure prominently in discussions that Briga-dier-General (Res) Lee Hsien Loong will have today with his counterpart in Taiwan. The Trade and Industry Minister
    283 words
  • 358 1  -  From Walton Morais in KEDAH INVESTMENT in Kedah for the first two months of this year totalled Ms46o million, just Ms6o million short of the total for the whole of last year. The new investment brings the total investment in the state since 1986
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  • 238 1 Bernama A NEW Employees' Provident Fund (EPF) act is expected to be tabled during the next Malaysian parliament session in June, according to Deputy Finance Minister Datuk Loke Yuen Yow. Although the new act would "completely replace" the existing one, the original spirit
    Bernama  -  238 words
  • Page 1 Advertisements
    • 287 1 rj"*-" 1 ir~ xnK'VioTo bmct' 1033 /jy/u \.,!1,r,,1K,1i»1.r i m■£ > KAM POO LI I 1/ 'f/All* ILWLI l LKS fr' I M J2 <Hl|-0- I la/j Sin^jpuia ((•lounii M(nh) Singjpon-(N2) /f > M 336-1381 SEOUL AWAITING RICH HARVEST 10 DUAL-PURPOSE STRATEGY 11 CORPORATE CULTURES 11 Aircraft Schedule 23 Money
      287 words
    • 7 1 More reports, Pg 9 AnaUsis, Pg 10
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    • 119 1 KSTERLINCjI I HOME FURNISHINGS j The look of success, #03/319-323 Marina Square, 6 Raffles Boulevard, Singapore 0103 Tel: 338 8661 HEW LOOK. NEW SERVICE. SBiibß PHILOSOPHY The beauty of JAL's new livery is more than skin deep. Look beyond it and you'll discover a new spirit of change an< a
      119 words

  • HOME NEWS
    • NEWS ROUNDUP
      • 55 2 THE Central Provident Fund Board has sent out to 800,000 families an information leaflet on Medishield the government's health insurance scheme against serious illness. The Medishield scheme will take effect on July I. CPF members can call the Board at 226-2223 if they have
        55 words
      • 114 2 WATER consumption fell to 963,000 cubic metres on Saturday, the lowest figure since Feb 2. But it was still more than the consumption target of less than 950,000 cubic metres a day which the Public Utilities Board hopes to achieve. Total reservoir stock yesterday was 68 per
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      • 54 2 SINGAPORE will be hosting, for the first time, an international convention on recycling next month. The meeting in May will be the spring convention of the general assembly of BIR (Bureau International de la Recuperation) based in Brussels. The meeting will discuss recent developments in the international
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      • 54 2 Dr LEE Boon Yang, Senior Minister of State for Home Affairs and National Development, will be attending a world ministerial summit on reducing the demand for drugs and combating the cocaine threat. The summit will be held in London from today. It is being organised
        54 words
      • 63 2 THE general election in 1993 will have to be fought without Mr Lee Kuan Yew as the Secretary-General of the People's Action Party or as the Prime Minister, said First Deputy Prime Minister Goh Chok Tong on Saturday. This is the first indication that
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      • 66 2 THE Economic Development Board is pledging $1 million from its Economic Development Assistance Scheme to cover the cost of implementing the Movie Industry Development Programme. Together with Yarra Films and Video Headquarters, two Singapore-Australian joint ventures, the EDB also offers $300,000 worth of scholarship over a
        66 words
      • 62 2 THE mysterious deaths of Thai workers have nothing to do with their living conditions in Singapore, a Labour Ministry statement said. The statement was in response to what the Labour Ministry described as attempts by some Thai newspapers and politicians to link the mysterious deaths of
        62 words
    • 411 2  -  By Sangeeta Mulchand CHOTEK APARTMENTS, the only high rise apartment building in Nassim Road, is expected to fetch at least $27 million when it goes on the market this week. The 11-storey block, which stands on a freehold site at the corner
      411 words
    • 285 2  -  From Shoeb Kagda in NEW DELHI TIMBER TRADERS and manufacturers, in New Delhi as part of a Singapore business delegation to India, are confident of generating between US$lO million and US$l2 million in deals this year. Although no immediate deals have been clinched, the
      285 words
    • 234 2 BRIGADIER-GENERAL George Yeo will be in the Riau islands today to look into the details of getting water supply from Indonesia. Speaking to the press after his walkabout in Bukit Timah yesterday, the Minister of State for Finance and Foreign Affairs said
      234 words
    • 178 2 THE FIRST-EVER automation mission for the construction industry left for Japan yesterday. The mission, jointly organised by the Construction Industry Development Board (CIDB) and Singapore Contractors Association Limited (Seal), aims to speed up the use of automation technology in the construction industry. Among
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  • Page 2 Advertisements
    • 84 2 mo With three daily flights to Bangkok leaving at strategic times of the day, the only difficult choice you have to make is to decide whether you want breakfast, lunch or dinner on board. WorlJ Magazine I THAI FLIES TO BANGKOK #j!wi AT THE THREE MOST IMPORTANT TIMES ■wuulww >
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • MARKET SUMMARY 1
      • Article, Illustration
        264 3 Apr 2 Apr 3 Apr 4 Apr 5 Apr 6 BTCompI 1328.44 1331.29 1320.59 1304.20 1296.73 BT-MGA 6 768.75 771.14 767.52 759.05 755.41 STIndsl 1549.19 1555.92 1543.01 1528.37 1508.30 BT OB/OS 10 -220 -232 -341 -407 -521 BT CADI 11 -5642 -5618 -5699 -5829 -5896 BT 10-day av II
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      • 116 3 Apr 2 Apr 3 Apr 4 Apr 5 Apr 6 NST Industrial 1 2961.78 2961.31 2924.47 2871.00 2827.94 NST Finance 5 3920.74 3942.80 3922.03 3785.74 3702.02 NST Properties 3 1566.04 1564.26 1546.09 1501.76 1482.26 NST Tins 2 564.25 564.19 565.85 554.01 539.64 NST SRubbers 2 2529.00 2456.95 2468.52
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      • 59 3 Closing Week 1989/90 High 1989/90 Low BTComp 1296.73 1356.54 917.42(4/1/89) BT-MGA 755.41 785.34 813.60(6/2/90) 559.38(4/1/89) ST Industrials 1508.30 1581.08 1607.12(27/3/90) 1030.69(4/1/89) NST Industrials 2827.94 3052.24 3132.61 (16/2/90) 1811.16(4/1/89) Hang Seng 2956.12 2997.98 3309.64(15/5/89) 2706.69(3/1/89) Nikkei Average *****.78 *****.45 *****.87(29/12/89) *****.07(2/4/90) All Ords 1511.4 1534.6 1780.9(29/8/89) 1412.3(13/4/89) DowJooes 2717.11
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    • COMPANY BRIEFS
      • 52 3 PACIFIC FLEET Sdn Bhd has agreed to buy another 15 million Renong Bhd shares from Renong's executive chairman Dr Chan Chin Cheung. Bumiputra Merchant Bankers Bhd said the acquisition was pending approval from the relevant authorities. Pacific had earlier purchased 12 million Renong shares from
        52 words
      • 63 3 STOCKBROKING group Rashid Hussain Bhd, which was recently listed on the Kuala Lumpur Stock Exchange, plans to diversify into property investment to build up an asset base that is less reliant on its cyclical core business. It also expects to move into its own 12-storey building
        63 words
      • 68 3 THE 45 stockbroking firms in Malaysia reported a total revenue of M 5262.35 million in 1987, the statistics department said. In releasing its findings from the Census of Selected Service Industries, the department said their expenditure for the year under review was M 5226.16 million. Out
        68 words
    • 241 3 SINGAPORE LAND Ltd, facing a $2.6 billion all-cash bid from aggressive group United Industrial Corporation, has appointed merchant bankers Baring Brothers Co Ltd to advise its board of directors. Barings said within a period of 14 days from the date on which UIC issues its
      241 words
    • 668 3  -  THE HOCK LOCK SIEW COLUMN By Amy Balan IT TOOK UNITED Industrial Corporation just three months to take a crack at what Singapore Land chairman Tao Shing Pee took 17 years to build. UIC has made good use of the weak market to bid
      668 words
    • 399 3  -  By Abdul Hadhi GUTHRIE GTS Ltd has reached an out-of-court settlement with Taras Holdings on its aborted Shahzan Tower deal. Sources told BT that most of the details have been worked out and what remains is putting the signatures on the dotted line. The
      399 words
    • 195 3 SEMBAWANG Engineering, a member of the Sembawang group of companies, has clinched a $61 million deal to build fuel oil storage facilities for the Public Utilities Board's Pulau Seraya Power Station Stage 11 Development. The works will be managed by Sembawang Projects Engineering, a subsidiary
      195 words
    • 548 3  -  By Conrad Raj UPMARKET watch retailer The Hour Glass (HGL) is continuing its diversificaton plans with a couple of moves that will expand its restaurant and leisure divisions. Both moves involve companies in which HGL managing director Jannie Tay has a stake. HGL
      548 words
  • Page 3 Advertisements
    • 1003 3 Press Release BARINGS Tel: *****55 For Immediate Release 7th Apnl, 1990 (Incorporated in the Repubic of Singapore) The Directors of Sngspore land Limited ("Singapore Land") wish to inform Singapore Land shareholders and waranthoiders that United Industrie Coiporalon United (UIC) has amounoed its intention to make takeover otters tor tie entire
      1,003 words

  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 109 4 THE Kuwait Oil Tanker Company has put in an order for construction of two tankers and two methane carriers by Japanese and South Korean firms costing US$295 million, KOTC president Abdel Fattah al-Badr said. Mr Al-Badr said KOTC, the region's leading oil
        109 words
      • 75 4 THE Western Australian Supreme Court adjourned until May 2 a hearing of a petition by tycoon Kerry Packer to wind up Bond Media Ltd. After two brief hearings, the court ruled it would hold a full hearing next month on the petition filed by Mr Packer
        75 words
      • 64 4 SUMITOMO Corp has raised its forecast for parent company sales to 21.4 trillion yen for the year to March 31,1990 from a November estimate of 18.2 trillion and a May forecast of 15.3 trillion yen. The revision is due to an increase in trading of gold
        64 words
      • 87 4 STEELMAKER Sumitomo Metal Industries Ltd will start producing forged steel crankshafts in the US in 1992, a company spokesman said. Sumitomo is planning to set up a wholly owned subsidiary, International Crankshafts Inc, in Kentucky to produce the crankshafts. It will consider a joint venture if
        87 words
      • 86 4 ANZ Banking Group Ltd has no plans to seek 100 per cent control of the National Mutual Life Association of Australasia Ltd in the next decade, ANZ chief executive Will Bailey said. ANZ announced last week that it would spend A 53.4 billion for
        86 words
      • 37 4 Reuter PHILIP Morris Companies Inc and Turkey's Sabanci Hold ing Group and Tekel have agreed in principle to establish a joint venture to make Marlboro cigarettes in Turkey, a joint statement said. Reuter
        Reuter  -  37 words
    • 530 4 MBT MALAYAN UNITED Industries may inject the MUI Plaza and two other yet-to-be developed properties into the property trust that it is proposing to set up. After the company's extraordinary general meeting in Kuala Lumpur on Saturday, MUl's executive director Khet Kok Yin said
      MBT  -  530 words
    • 384 4 MBT MEGA First Corp (previously known as Everpeace Corp) has announced a boardroom reshuffle that will pave the way for the revival of the long-suspended company. The newly-appointed directors are Mr Michael Yee Kim Shing (chairman), Mr Lim Keng Guan (executive director) and
      MBT  -  384 words
    • 174 4 Reuter INCO Ltd's Indonesian subsidiary will offer 20 per cent of its shares on the Jakarta Stock Exchange at 9,800 rupiah each, president of PT International Nickel Indonesia James Guiry said. The offer will be made between April 10-20 and the shares will be listed
      Reuter  -  174 words
    • 68 4 MBT MULPHA International Trading Corp has slumped deeper into the red with a group pre-tax loss of M 520.62 million for the year ended December 31, 1989 against a loss of M 53.17 million previously. This was despite a 9 per cent rise in turnover to M583.55m.
      MBT  -  68 words
    • 442 4 Reuter SOGOSHOSHA, trading houses unique to Japan which handle a wide variety of goods ranging from missiles to mineral water are stepping up their efforts to win more business in both Western and Eastern Europe. Shosha sources in London said the unified European market after
      Reuter  -  442 words
  • Page 4 Advertisements
    • 246 4 CHOICE PROPERTY DEVELOPMENTS FROM UK Our philosophy is simple. Whatever we develop must be good value for investment. Which means absolute quality in workmanship, aesthetic appeal and uncommon attention to details and finishes. We now proudly present two of our prime projects for sale Only 15 walk-up apartments in the
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    • 725 4 THE HOUR GLASS LIMITED I (Incorporated in the Republic of Singapore) I NOTICE OF EXTRAORDINARY GENERAL MEETING I NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the I Company will he held at the Hilton International Singapore, Indonesia Room, 581 Orchard Road. Singapore (1923 on Wednesday. 25 April
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  • INTERNATIONAL COMPANY NEWS
    • 401 5 FT GENERAL Electric of the US is suing Daimler Benz for US$l.l5 billion (£7oom) in damages in a legal action which threatens a bitter row between two of the world's most powerful industrial companies which have cooperated for 25 years. GE alleges that the
      FT  -  401 words
    • 63 5 NEW YORK Apr 6 ImNcm CVmc Piw<— Net Ctap Dow Jones 2,717.12 2,721.17 -4.05 NYSE Composite NA 117.15 NA Standard A Poor 1 500 340.08 340.73 -0.65 Turnover (million) 137.5 144 -6.7 LONDON Financial Time# 30 1,740.2 1,756.3 -16.1 FTSE 100 2,239.5 -18.4 Turnover (million) 57S.6 499.5
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    • 245 5 FT GENERAL Motors of the US, the world's leading car maker, is to invest US$262 million to build an engine plant in the UK in a further step in the expansion of its operations in west and east Europe. In return for
      FT  -  245 words
    • 357 5 Reuter FIAT SPA is in talks with Ford Motor Co that could produce global accords in the sectors of tractors, agriculture and heavy industrial vehicles. "The respective product and market identities would be preserved, however," Fiat said in a statement. "The two
      Reuter  -  357 words
    • 211 5 Reuter COMPUTER makers Olivetti Co and NV Philips Gloeilampenfabrieken are said to be discussing a broad business combination rather than just industrial cooperation. Olivetti, whose share price shot up earlier last week on rumours of a possible equity link with Philips, has
      Reuter  -  211 words
  • Page 5 Advertisements
    • 89 5 hhv The power of SI A Cargo is now simply and efficiently at hand, thanks to our new advanced Freight Operations and Reservations Sys Computer (FORSC). Across 57 cities in 37 countries, we've got what it takes to ensure your cargo arrives at the right place, at the r time.
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 91 6 Reuter CITICORP'S Tokyo-based Citibank NA will join the automatic teller machine (ATM) online network operated by 12 major Japanese banks such as Dai-Ichi Kangyo Bank Ltd and Sumitomo Bank Ltd by early September. A Citibank spokeswoman said the change will enable Citibank's clients
        Reuter  -  91 words
      • 74 6 Reuter THE Soviet Foreign trade bank Vnesheconombank denied a report that it had announced it would suspend interest payments on credits from 1991. A statement issued to Radio Moscow's Interfax news service said it had made no such statement. All its payments were being made on
        Reuter  -  74 words
      • 67 6 Reuter IRAN plans to devalue the rial from a current official rate of 70 rials to the dollar to between 700 and 800 to the dollar, a senior Iranian official. Morteza Alviri, head of the Majlis (parliament) Plan and Budget Commission, said the government would
        Reuter  -  67 words
      • 94 6 Reuter CONCERN about rises in West German interest rates is unfounded, provided a solid and reasonable economic framework is set up for the introduction of German monetary union, Bundesbank president Karl Otto Poehl told a news conference. Speaking after a meeting of the Franco-German economic
        Reuter  -  94 words
    • 266 6  -  By Soh Tiang Keng THE SINGAPORE International Monetary Exchange (Simex) is likely to launch three new contracts Euroyen interest rate options, the Euromark interest rate futures and crude oil futures during the second half of this year. The introduction of Euroyen options
      266 words
    • 214 6 CITICORP, head of an international group of creditor banks negotiating with Brazil over its huge external debt, is seeking Japanese support for Brasilia's new economic reform plan. Citicorp chairman John Reed said Japanese banks, which hold 20 to 25 per cent of Brazil's
      214 words
    • 277 6 Bernama A TOTAL of 542 institutions have applied to Bank Negara to comply with the Banking and Financial Institutions Act, 1989 (Bafia), as at March 31 this year, the Malaysian central bank said. March 31 is the deadline for all scheduled institutions, which
      Bernama  -  277 words
    • 185 6 OCBC BANK has become the third of the Big Four local banks to raise its prime lending rate by half a point to 6.5 per cent. The new rate takes effect from today. OCBC thus follows the footsteps of United Overseas Bank and Overseas
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    • 351 6 Reuter BELGIAN central bank governor Alfons Verplaetse wants to press ahead quickly with reforms of domestic financial markets. "1990 should be the year of financial deregulation in Belgium," Mr Verplaetse, head of the National Bank of Belgium, said. Mr Verplaetse also
      Reuter  -  351 words
  • Page 6 Advertisements
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  • Page 6 Miscellaneous
    • 29 6 llar$ Non$en$e I A K'XaC O jf«V>N> XA •■< \rLwm Jt^ZX >AKHK<iVr% "I'm sorry, Mr. Wembly Is unable to pick up his phone right now—he's making money hand over fist."
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  • THE REGION
    • 399 7 HONGKONG investments in Malaysia have surged in the past two years as the British colony's companies take advantage of that country's low property prices, cheap labour supply, and good communications and infrastructure, according to the South China Morning Post. The territory ranks fifth in
      399 words
    • 396 7 TRADE FIGURES released recently by Statistics Canada show that Thai-Canadian trade in 1989 reached a record C 5765.3 million, an increase of 27 per cent over 1988, The Nation reported last Friday. "This is exciting news," said Robert Vanderloo, Canada's senior
      396 words
    • 146 7 AP A LACK of infrastructure and an inefficient delivery of basic services are discouraging new foreign investors from setting up business in the Philippines, says a US businessman. Bob Sears, vice-president of the American Chamber of Commerce, made the assessment during a news
      AP  -  146 words
    • 148 7 AP AFTER MONTHS of debate, the US has agreed in principle to sell a supercomputer to India that experts warn could be used to make nuclear arms, say sources in Washington. But the export licence for the Cray computer depended on India's
      AP  -  148 words
    • 316 7 THE THAI Finance Ministry aims to curtail the country's inflation rate to less than 6 per cent in its bid to achieve a balanced budget for the 1991 fiscal year, The Nation reported last Friday. According to the latest projection, the ministry has raised
      316 words
    • NOTE BOOK
      • 66 7 AP CHINA'S urban workforce declined by 1.5 million in the first two months of this year, with smaller collective firms showing the largest loss of workers. The official China Daily said yesterday that the drop in working people continued a yearlong slump in the labour market caused
        AP  -  66 words
      • 112 7 Reuter THE HEAD of South Korea's giant Hyundai Group left for the Soviet Union last Saturday to discuss boosting bilateral economic ties. Company officials in Seoul said Chung JuYung, Hyundai's founder and honorary chairman who is spearheading Seoul's drive to develop business contacts in the
        Reuter  -  112 words
      • 83 7 Reuter SOUTH KOREA'S Daewoo Motor Co Ltd plans to invest US$lO million in a bus manufacturing venture in the Philippines. G W Park, Daewoo executive director, said in Manila last Saturday that his company was still looking for a local partner in the planned project under
        Reuter  -  83 words
      • 74 7 AP TAIWANESE TRAVEL AGENCIES urged local travellers last Friday to suspend their boycott of visits to Hongkong pending a promise by the British colony to improve its treatment of Taiwan tourists. The agencies urged Taiwan tourists two weeks before to begin a boycott after 1,200
        AP  -  74 words
  • Page 7 Advertisements
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  • THE WORLD 1
    • 430 8 Reuter THE US ECONOMY seems to have fallen back into a mt as its burst of growth earlier this year has proven to be as short-lived as the warm winter weather it was founded on. Private economists in Washington said
      Reuter  -  430 words
    • 367 8 AP PEOPLE in Northern Europe, the US and other industrial nations are hurting their economies by failing to save enough, says the International Monetary Fund. The IMF predicts that the trend will continue as the world's population ages, because older people have less
      AP  -  367 words
    • 255 8 Asahi JAPANESE COMPANIES, particularly retailers and travel agents, are quickly moving to establish themselves in Spain as the integration of the European Community, the Barcelona Olympics and the Seville Expo draw near. In addition, the number of Japanese tourists who visited Spain last year increased
      Asahi  -  255 words
    • 307 8 AP THE US is becoming dangerously dependent on Japan and the solution lies with American rather than Japanese policies, according to a report by a group of American economists, industrialists and politicians. "Praising or blaming Japanese industries or policymakers will not solve
      AP  -  307 words
    • 174 9 Reuter WEST GERMANY'S gross national product will expand by 4 per cent this year, according to forecasts by five leading West German economic institutes, the Frankfurter Allgemeine Zeitung newspaper said last Saturday. Exports are to provide the main growth impulse. The GNP forecast was
      Reuter  -  174 words
    • 365 9 Reuter FINANCE MINISTERS of the leading industrial nations have signalled that they intend to intervene aggressively in the next few days to push the yen higher against the US dollar and West German mark. "They're going to have to spend a lot of money
      Reuter  -  365 words
    • 378 9 Reuter THE FOLLOWING is the full official text of the G-7 communique issued in Paris last Saturday: "The Finance Ministers and Central Bank Governors of Canada, France, West Germany, Italy, Japan, Britain and the United States met on April 7, 1990, in Paris for an
      Reuter  -  378 words
    • WORLD WATCH
      • 86 9 AFP A NEW ZEALAND trade mission has struck firm deals worth NZ$9.6 million (US$5.6 million) during a mission to fotir Eastern European countries. Radio New Zealand yesterday reported that the mission, headed by External Relations and Trade Minister Mike Moore, was also returning from
        AFP  -  86 words
      • 71 9 Reuter QUEEN ELIZABETH reinforced her position as Britain's richest person by increasing her personal fortune to £6.7 billion (US$ll billion) over the past year. According to a survey published in London yesterday by the Sunday Times newspaper, the £1.5 billion (US$2.5 billion) jump in her wealth
        Reuter  -  71 words
      • 81 9 Reuter US PRESIDENT George Bush has said that the next step in the process to cut the federal budget deficit is up to Congress and has expressed concern about recent congressional moves that would push up government spending. He told newspaper editors in Washington last Friday
        Reuter  -  81 words
      • 75 9 Asahi JAPANESE COSMETICS MAKERS are using biotechnology to produce fragrances that are rare in nature and thus extremely expensive. Kanebo Ltd, Japan's second largest cosmetics maker, says that it has succeeded for the first time in producing the fragrance of sweet violets using a tissue culture
        Asahi  -  75 words
    • 461 9 AFP TALKS on a US$l2 billion European bank to back mar-ket-economy reforms in Eastern Europe, delayed by US and Japanese insistence on stringent lending limits for the Soviet Union, now appear closer to conclusion. Founder members of the European Bank for Reconstruction and
      AFP  -  461 words
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    • 411 8 llljii w mmi II mi 'iliiilliillllillllllll;. EPSON LX BSD I I f 1 >n' l ■f WHOLE PICTURE FOR ABOUT 1 HALF THE PRICE Now the Package only EPSON PACKAGE USUAL SAVE NOW PC AX2 with ***** CPU (12 MHz) Floppy Drive SgßK] 40MBhUrdD.sk 3,080 2.580 2,500 Sl|kl| 1 101
      411 words
    • 157 8 BBzOSI KnW ,_i myJMI^JI «i FANTASY This exquisite 95 ft yacht fully airconditioned with 4T 2 bar*, promenade deck, dance floor, lounges, and all other comforts. Also available Pt'JA A classic elegant 90 ft yacht is fully airconditioned twith sun deck, lounge, dining room, and five staterooms. Add to the
      157 words

  • Page 9 Advertisements
    • 52 9 Construction Hoist Single or Double Cage 1 or 2 Ton Capacity 60 250 Lifting Height Also available: •Tower Crane tV. yf Concrete Vibrator ijjsJJ' lIIIIIIIIIH I jH Please Contact Herman Seet (Tel: *****76 DID/*****11) uj SUN METAL WORKS PTE LTD 17 Kallang Junction 2nd Storey Singapore 1233 Telex RS *****
      52 words
    • 323 9 \00D V S. VOyj Vv'A w V- vV *»>• An all consuming passion for Spain sweeps into The Belvedere this month It's an extraordinary spread to be relished like flamenco dances and bullfights. Jamon de York, Ostras and Cerdo Asado are among the palatepleasers, along with specially imported Spanish wines.
      323 words
    • 120 9 Yes! I want to increase my company's market share in four days! Please send immediately: Information on Exhibiting at: Internepcon/Semiconductor Asia /Pacifc '90 I Asia-Electronics '90 I Details on the Call-For-Papers at the Technical Conference. I/My principal might be interested in presenting a paper. I NAME: TITLE: LXn COMPANY:_ rTttnrh
      120 words

  • ANALYSIS
    • 881 10  - S Korea awaiting a rich economic harvest Seoul hopes freshly-established ties with East Europe will open economic frontiers. Paul Shin reports Paul Shin AP SOUTH KOREA, fresh from establishing ties with several East European nations in the past 14 months, is working hard to make the diplomatic thrust pay off.
      AP  -  881 words
    • 874 10  -  Loh Hui Yin outlines BG Lee's itinerary for his trade trips to Japan, Taiwan and South Korea Loh Hui Yin WHEN Trade and Industry Minister BrigadierGeneral (Reservist) Lee Hsien Loong set off on his first official trip to Japan four years ago, it was
      874 words
    • 487 10 GETTING a better reading of their economic policies and the people who shape them would be the thrust of BG Lee's visit to Taiwan and South Korea. This is especially so with South Korea, where a new economic team was installed last month
      487 words
  • Page 10 Advertisements
    • 69 10 12 14 MARGATE ROAD DISTRICT 1543 UNTBATTEN a flOAD a SUBJECT Lj2L_g road FOR SALE BY TENDER CLOSING DATE 24 APRIL 90 3PM Provisional planning permission granted for a 10 apartment block (36 units) with swimming pool. Freehold Site area: 3,233.3sm For further information, contact Sole Agent 225 5812/225 5884
      69 words
  • Page 10 Miscellaneous
    • 15 10 DOONESBURY Al*lmmm r.«, MK HM£~K)ffOOUR.AOKTt ffwc WVCXE XMKUeCmiCML MNim**M*S!a*mAlß> T-nm*nJ iuswn &****< enters*imTOUT' OR/OSIN in**™**,trST**TOG£T*nHT>€. "**<** "SK?
      15 words

  • FOCUS
    • 910 11  -  Strategy is not long-range planning, Chuang Peck Ming finds out MANAGEMENT RESOURCES EDITED BY CHUANG PECK MING Chuang Peck Ming SO OFTEN is "strategy" bandied about in management circles that most CEOs think they know what it is. The truth is that many
      910 words
    • 540 11  -  SPOTLIGHT ON MANAGEMENT By Yeo Jeu Nam Yeo Jeu Nam is a senior manager at Ernst Young Consultants Pie Ltd. This is the first of a two-part article CULTURE is a set of beliefs and expectations members of an organisation share, and which can determine
      540 words
    • 144 11 MORE ENTREPRENEURS and women now want to be good managers, going by the rising numbers who arc joining the Singapore Institute of Management. Last year, the institute saw its female members rose to make up a quarter of the total for individual membership, up from 16
      144 words
  • Page 11 Advertisements
    • 55 11 WL It's Bunnies Here, Bunnies There, Bunnies Everywhere! So Wiggle A Bobtail... f I Twitch A Nose... I I Bunnies Nite At Cheers! I 1 9-15 April... I 1 Hop On Down! I novotel orchid inn 214 DUNEARN ROAD, SINGAPORE 1129 TEL: *****22 TELEX: "NOVSIN RS *****" FACSIMILE: *****92 A
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    • 86 11 She can't wait for her *"> van fa v. V v <&jH i "BRUNO MAGLI UJlHU NO MAGLI Sole Agent: Marie* Marketing Pte Ltd Tel: 734 9696 Fax 737 6892 Boutiques: Centrepoint #01-30 Tel: 737 4509 Forum Galleria #01-46 Tel: 732 8961 Open Daily from 10 00am to 8 00pm
      86 words

  • SPORTS
    • SIDE LINES
      • 101 12 AP VIJAY SINGH of the Fiji Islands shot a two-over-par 74 on Saturday to retain a share of the lead after three rounds of the El Bosque Open golf tournament in Valencia. But Singh, who is seeking his first victory on the European
        AP  -  101 words
      • 105 12 AFP THE WORLD'S top two players will lead an elite field at the US$l.l5 million Japan Open, which makes its debut today as part of the Association of Tennis Professionals (ATP) tour. In addition to top-ranked Ivan Lendl of Czechoslovakia and defending Japan Open champion Stefan Edberg
        AFP  -  105 words
      • 92 12 AP THIRD-SEEDED Christo van Rensburg of South Africa defeated David Pate of the United States 6-7 (2-7), 6-3, 7-5 on Saturday and moved into the final of the U*****,000 Pnidential-Bache Securities Classic in Orlando, Florida. Van Rensburg will meet the winner of Saturday's other semifinal, which
        AP  -  92 words
      • 127 12 AP THIRD-SEEDED Spaniard Emilio Sanchez and Argentina's Franco Davin won their semi-final matches on Saturday to move into the finals of the U*****,000 ATP Men's Estoril Open tennis tournament in Estoril, Portugal. Davin, ranked 85th in the world and seeded 22nd in the Estoril tournament, beat
        AP  -  127 words
      • 67 12 AP SECOND-SEEDED Magnus Gustafson defeated Bruno Oresar 7-6, 6-1 Saturday to gain a spot in Sunday's championship of the US$2OO,OOO American Capital invitational in Houston, but the top seed wasn't so fortunate. Jim Courier, of the US, was overpowered by Richey Renenberg of the US, 6-1,
        AP  -  67 words
    • 515 12 AP RAY FLOYD had that old, winning gleam back in his eye and the Masters in his hand. Floyd, a 47-year-old Hall of Famer who captained the last US Ryder Cup team, shot a magnificent 31 over the back nine on
      AP  -  515 words
    • 265 12 AP MR FRISK, a 16-1 longshot, held off Durham Edition by three-quarters of a length on Saturday for a record-setting victory in the first Grand National steeplechase run over a course modified because of safety concerns. The 11-year-old gelding was ridden by Marcus
      AP  -  265 words
    • 424 12 AP TOP-SEEDED Martina Navratilova and teenage sensation Jennifer Capriati advanced to the finals of the Family Circle Magazine Cup women's tennis tournament on Saturday with straight set victories. Navratilova, who has won three titles in Hilton Head Island, South Carolina, beat Regina Rajchrtova
      AP  -  424 words
  • Page 12 Advertisements
    • 224 12 -i ~JL he American Express Corporate '^B A new look with the word Hr "Corporate" prominently featured r-%h distinguishing you as a key business .-s f *w person. Because you've proven you have "».TSllj|BIBK&V~ what takes to succeed in today's Cw&?s£ mk- >' competitive business world. ,5' -O'"- i. V
      224 words

  • THE ARTS 1
    • 875 13  -  The Singapore Youth Orchestra's 10th anniversary concert last Thursday was a poignant affair. With it, both orchestra members ana audience said goodbye to music director and resident conductor Vivien Goh. But the evening also featured a new work by Singapore composer
      875 words
    • 361 13  -  Malini Tambyah reviews last week's concert by the Wells Cathedral School Chamber Orchestra. Malini Tambyah THE JAPANESE few competitors like it when they buy up land, take over companies, or beat them at everything. But when a Japanese violinist in an English chamber orchestra
      361 words
    • 550 13  -  His playing was vigorous, big and large, writes P Y Van of Soviet pianist Yevgeni Mogilevsky, who gave a performance at the Singapore Conference Hall last Thursday evening. P Y Van ODESSA, a port which features regularly in thrillers, actually has a prominent cultural side
      550 words
    • 542 15  -  Acclaimed as one of the world's most exciting classical ballet companies, the Stuttgart Ballet will perform in Singapore later this week. Lisa Lee reports. Lisa Lee IN THE WORLD of ballet, Marcia Haydee's fame, while not quite synonymous with Natalia Makarova's or Margot
      542 words
    • 925 15  -  Michael Kimmelman takes a closer look at de-accessioning, the practice by museums of selling part of their collections to acquire other works of art. Michael Kimmelman NYT For as long as they have bought works of art, American museums have also sold them.
      NYT  -  925 words
  • Page 13 Advertisements
    • 17 13 I ivM BJjTi J ||r. Prime Office Building Brochures and Tender Documents From HENRY BUTCHER ssbkssss. zsssussss
      17 words
    • 57 13 It v^B flg- E i Ny |P Maurice Lac™ inspire you lo break free with .he Matt*, collection of spom watches in steel and fold with bracks or leather straps Sole Agent S A IW S,nga,.„e IV L,d 10 te Way •l."-0l/D2 MAS Bulking Singapore 020? Tel 220 3022 Fa*
      57 words

  • Page 14 Advertisements
    • 1074 14 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE... Some like it hot. j> 5 ,v Spicy S/cchuan dishes served at lunch and dinner daiU in the cool, inviting atmosphere of S/echuan Court. Reservation, MO 8310 or 338 8583 exl *****/6. u yzc
      1,074 words
  • Page 14 Miscellaneous
    • 641 14 TELEVISION AND RADIO p can* dog cats h,s lertovcr food 430 ArabUn Dra ,a BUSINESS ON RADIO lnn/\n 9.00 News at Nine. 5.25 Cookery Programme. I nan Ml n P T HCtiS 6.50 PM Adam Smith's Money TwHt of FMt (Debut, See Our 5.50 g99 mHz hi VHF Band II
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  • Page 15 Advertisements
    • 252 15 AND ENTERTAIN Spend An Eggceptional Easter With Us. 1- ,r Vfc M SETTunchus.. "N Jg* Mim r IHNNKR (foo» pi mm <v CHILDREN mm* jtmk JHHI si r dinnu. w•. Turn Easter into a weekend of non-stop eating. At Cafe-in-the-Park and Hubertus Grill. Freshly baked Easter goodies are also available
      252 words
    • 116 15 LUNCHING AT THE CARLTON BRASSERIE ALWAYS h MAKES GOOD BUSINESS SENSE. If you're looking for a superb lunch in a quiet, pleasant ambience, come for our Business Banquet. Begin with our appetizer buffet that includes fresh oysters, salmon and pate. Then choose from 4 main courses daily, with U.S. Beef
      116 words
    • 322 15 ■EAS'^^^DAYj ■Mffj MARINA BAY GOLF AND COUNTRY CLUB i* 'jM ■ry6| 6. MARINA GREEN SiNGAPORE 0101 Hkl FOR RESERVATIONS. 2JI-MII I TIENGOURT* I StCMUANCUISINE i; For a Wealth of Exotic H is Sichuan Delights! 'J Whether it's our mouth-watering steamboat prepared from the freshest ingredients in a rich, savoury stock
      322 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4712 16  -  Bv Lim Mui Khi THE TOKYO BOURSE continued to baffle local market players last week over its direction. Rather than follow in its wild gyrations, the Singapore market seemed to have turned conservative and to err on the side of caution. Last week,
      4,712 words

  • STOCK EXCHANGE OF SINGAPORE 2
    • 2824 17 1989/90 High Low Tel Code Company Last Sale +orVol (-000) Week High Low last Quote Buyer Seller Gr's Div Div C*t Gr"» YH Net M Cap P/E Smil HONGKONG STOCKS 102 87 1418 CDL Hotels 2000 88Vj +1 1256 91 87Vi 88'/ 2 89 1246 Cathay Pacific cd
      2,824 words
    • 634 17  -  By Lim Mui Khi WITH SENTIMENT among investors already weak, the market for low-priced Malaysian speculatives was particularly hard-hit last week. Dealers said investors, looking to fundamentals in the absence of positive news, have been going for Singapore counters. However, retail investors are expected to return to
      634 words
  • 911 17 r ompflny t xpirv/ oupnn on»tr*lon pvrtod Intvrwt C onvvralon t»rm for on* ordinary (*> payablr .Km Cauaawiy Lam 1994 6 Oac 31 CaMNf M 1994 Oct 2, 1969 to Oct 20, 1994 1 warrant plus fl cash or 1 warrant piua $1 nominal
    911 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3479 18 MBT IT WAS a nightmarish week for investors on the Kuala Lumpur stock market last week as prices tumbled like ten-pins across the board in thin and cautious trading. Reflecting the bearish mood, the 30counter New Straits Times Industrial Ordinary Share Index plummeted a massive 224.3
      MBT  -  3,479 words
  • BT SHARE INFORMATION SERVICE
    • 330 18 Singapore Stocks Last Full Year Company Period Data Year Net EPS Gross Net nomced endfcf (cents) Ar profit last year ($'000) BMT Interim Jan 27 Jun 90 1696 1000 516 betan Final Feb 28 Nov 89 391 100 11.728 Marco Polo Final Mar 27 Dec 89 3.4/11 Itoni
      330 words
    • 1257 18 Current Ex Books Date Total for Total tor payment date close payable the year last year Amtek En( 6%TE(I) Apr 11 Apr 17 Apr 28 6%(E 6%IE Ammo 15%TE Feb 28 Mar 12 May 15 25%TE 25%TE BAT 90 9*(n) Apr 6 Apr 19 May 3 122 7%(n)
      1,257 words
    • 707 18 CORPORATE DEVELOPMENTS Tka KiuU Law Stock Exchange p4ans to implement a broker depratory in ?y asa foreigner to scripiess trrting Member firm of the KLS tato bjcom limited liability companies by June 1, with a minimum paid-up capital of M*2om. Stockbroking firm J Balas I Co has acquired
      707 words

  • MARKET REVIEWS
    • 741 19 DBS Securities SHARE PRICES dropped during the past week in lacklustre trading, with the Hang Seng Index losing 41.86 points to 2,956.12. The one-percentage-point rise in the local prime rate was but part of the cause that softened the Hongkong stock market last Monday.
      DBS Securities  -  741 words
    • 801 19  - Looking for silver linings and apparently finding them LONDON By Ray Heath A PALL of smoke from the weekend rioting in the West End still metaphorically hung over the City of London when it opened for business last Monday morning, but for most of last week, dealers' eyes were focussed
      801 words
    • 205 19 JAKARTA~ AFP PT ASTRA International outdid all expectations to more than double in price on its First trading day last Wednesday, spurring the Jakarta Stock Exchange (JSE) to yet another record finish. The JSE index rose throughout the week in modest trading to close at
      AFP  -  205 words
    • 174 19 AFP THE PLUNGE on the Tokyo market dragged down Australian share prices last week, despite a drop in domestic interest rates, brokers said. The main market indicator, the All Ordinaries Index, shed 23.2 points during the week to finish at 1,511.4. The All Industrials Index was
      AFP  -  174 words
    • 117 19 AFP PRICES on Indian stock markets climbed to an all-time high last week, but then fell on profit-taking on Thursday and Friday. The Bombay Stock Exchange (BSE) sensitivity index rose to a record level of 805.9 points on Wednesday, the first time it had passed the
      AFP  -  117 words
    • 958 19 FT THE bull market seems to be approaching its third and possibly decisive climax. Last Thursday morning, the Tokyo stock market appeared to survive a cathartic sell-off similar to the one on Wall Street on Jan 25. As a result, stock markets around
      FT  -  958 words
    • 348 19 AFP JAPANESE share prices fell 2.3 per cent last week, with the Nikkei Stock Average down 701.67 yen from the previous week's close at 29,278.78. The average was down 1.3 per cent the previous week. The Tokyo Stock Price Index (Topix) of all common
      AFP  -  348 words
  • Page 19 Advertisements
    • 767 19 MITSUI TRUST \»y THE MITSUI TRUST BANKING CQ, LTD. Non-Consolidated Balance Sheet Statement! of Income (As of Morch 31. 1989 and 1988) YMrs ended Marth 31 1969 and l9BB BANKING ACCOUNT Yen in millions imnm» IM* 1988 Interest on toons and Bills Discounted 353.158 302.757 Interest and Dividends on Securities
      767 words

  • WORLD STOCK MARKETS
    • US stocks close 4 points easier after initial gains
      • Article, Illustration
        947 20 ENTHUSIASM over an economic report that suggested low inflationary pressures was doused by widespread weakness in financial stocks, uneasiness over the outcome of an economic summit and a listless bond market. US share prices ended slightly lower last Friday after posting early gains. "Banks, savings and loans, and
        947 words
      • 257 20 DUTCH share prices closed the week firmer but below highs as strong interest in selective stocks helped the market to shrug off lower bond prices and declines on the London and Frankfurt exchanges, dealers said. The CBS all-share trend index closed 0.9 point up at 117.9 last Friday. Insurer
        257 words
      • 193 20 WEST German shares closed 0.5 per cent lower on Friday, after prices looked set to challenge record levels early in the session. The DAX index of 30 leading shares slipped 10.55 points to close at 1,947.84. Earlier, the DAX had risen as high as 1,974.52, just two points below
        193 words
      • 258 20 SWISS shares closed firmer near the day's high in lively trading last Friday. Dealers said the strong recovery in Tokyo stocks supported sentiment and late buying balanced profit taking around midsession. The all-share SPI index closed 8.3 points higher at 1,084.2 but was little changed from previous Friday's 1,079.6
        258 words
      • Article, Illustration
        803 20 UK SHARES extended midsession losses to trade around the last day's lows in the late afternoon on Friday. Sentiment was further depressed by Wall Street's downtrend after an initially firmer opening today, dealers said. Volume was fairly high, boosted by the end of the account, and the first trading
        803 words
      • 621 20 Brussels Apr 6 Francs FORWARD MARKET Acec 4690 -10 Arbed 5170 4630 Astur 1480 +12 Bra scan 724 4 Canpac 720 -6 Cock 205 unch Dc Beers 728 -16 Ebes. 4280 unch Gb-Inno-Bm 1314 +24 Gcvacit 8390 -80 Gr Bru Lamb 3970 -5 Hobok Petro ***** unch Ryl Dutch 2650
        621 words
  • Page 20 Advertisements
    • 338 20 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF INABA MARKETING PTE LTD (In Mamb*r»' Voluntary Liquidation) At an Extraordinary Gonaral Mooting of the members of the above no mad Company duly convened and hald at 1 Colombo Court 009-10, Singapore 0617 on tho
      338 words
    • 97 20 IRAQI AIRWAYS Results of Lucky Draw held at 140 Robinson Road #02-00 Chow House, Singapore 0106 on 5 April 1990. Ist Prize One Round Trip Ticket No: ***** Economy to London I 2nd Prize One Round Trip Ticket No: ***** Economy to Hongkong 3rd Prize One Round Trip Ticket No:
      97 words
    • 52 20 What is the meaning 0f... ALPHABET? rySfi abcaefgh <jkimn Uf! opqrsUjvwxyzJ BANDAGE? Over 1,000 words with clear pictures to help your child understand the meaning of words In the Purnell's Illustrated Children's Dictionary. Available at all good bookshops STP Distributors Fijn^|K someone* overseas about Singapore. 4IV Straits Hn*^ Subscnbe now
      52 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 324 21 FOREX WEEKLY ROUND-UP LAST week's trading on world's currency markets was heavily glued to an event that was to take place only at the end of the week Saturday's Group of Seven (G7) finance ministers meeting. Traders also monitored talks between US and Japan
      Chart by TeleTrac  -  324 words
    • 568 21 ASIAN CURRENCIES AFP ASIAN currencies logged mixed results last week as the yen stopped its lengthy slide against the greenback to close on Friday at 157.47 yen to the dollar, up 0.18 yen from a week earlier. Intervention from Manila kept the
      AFP  -  568 words
    • 389 21 Cross rates Apr 6 USS SS M$ Dm Yen SFr AS NZS USS 1.8740 2.7275 1.6930 156.90 0.6083 1.4960 1.3046 1.7271 SS 0.5336 1.4554 0.9034 0.8372 0.3246 0.7983 0.6962 0.9216 MS 0.3666 68.71 0.6207 0.5753 0.2230 0.5485 0.4783 0.6332 Dm 0.5907 1.1069 1.6110 92.68 0.3593 0.8836 0.7706
      389 words
    • 622 21  -  The British pound has been rising of late, but Professor Alan Budd, (right) economic adviser to Barclays Bank pic, says there are some factors that may check its sterling rise. Alan Budd MARKET concern over the UK government's deteriorating popularity weakened the British
      Chart by TeleTrac  -  622 words
    • 347 21 GOLD REPORT SPOT gold opened at U*****.00/369.50 per troy oz last Monday and eased to U*****.50/368.00 on widespread expectations of further losses following the dramatic March 26 sell-off. The failure to break conclusively below this level attracted light technical buying which turned aggressive on Wednesday
      347 words
    • 306 21 IMM APT6 DEUTSCHE MARK Open High Low Sett Vol Op/lnt J un 90 0.5898 0.5913 0.5890 0.5900 ***** ***** Sep 90 0.5899 0.5908 0 5891 0 5896 EUR000LLAR Open High Low Sett Vol Op/lnt 9M2 9L55 9L42 9L48 *****2 *****9 Sep 90 91.33 91.46 91.32 91.40 JAPANESE YEN
      306 words
    • 434 21 ABN Bank 7V. Allied Irish Bank PLC 7V. American Express Bank 7V. Am'Dam R'terdam Bank 6V4 Arab Banking Corp 7V. Arab Bank Ltd 6V, 6V, ANZ Banking Group 7V, Ban Hin Lee Bank 7 Banca Commerciale 7V, Banco do Brasil 7 Bangkok Bank 7V. Bank Bumiputra IV,
      434 words
    • 566 21 Interbank rates S$ Bid Offer Overnight 6 5/16 6 7/16 1-month 6 1/4 6 3/8 2-month 6 5/16 6 7/16 3-month 6 3/8 6 1/2 Overnight mode: 6-3/8 USS High Iot 7 days 8 5/16 8 1/4 1 month 8 5/16 8 5/16 2 months 8 3/8 8
      566 words

  • COMMODITIES
    • 290 22 Reuter OPEC will have no need for quotas by the end of 1991 when demand should soak up members' output capacity, Indonesian Mines and Energy Minister Ginanjar Kartasasmita said. "I think this problem will be settled by the end of 1991 at the latest,
      Reuter  -  290 words
    • 154 22 Bernama THE Malayan Agricultural Producers Association (Mapa) and the National Union of Plantation Workers (NUPW) have finally reached an accord on two new collective agreements to end their negotiations over the past two months. The signing of the agreements was held at the Human
      Bernama  -  154 words
    • 287 22 Reuter THE Opec group of Saudi Arabia, Iraq and Kuwait are working for stable oil supply and prices and a united Opec, Iraqi Oil Minister Issam Abdul-Rahim al-Chalabi said. "We will be doing so because we are Arab countries, all in
      Reuter  -  287 words
    • 864 22 WEEKLY ROUND-UP AFP THE recovery among precious metals noted ahead of last weekend gathered pace this past week, distancing gold further from its fivemonth lows and silver from its three-and-a-half year lows. The recovery was sustained by rumours that the same Middle Eastern investors
      AFP  -  864 words
  • 1189 22 Rubber RAS (fob in bales) S cents/kg 156 01 156.75 Apr 6 157.00 MRELB (fob in bales) M cents/kg K U 1 RSS April Ck 226 n A pr 3 226 A pr 4 226 50 A 226 rm\ A so LONDON (Apr 6) pcncv/kg Clow Previous 1 RSS
    1,189 words
  • Page 22 Advertisements
    • 1076 22 NOTICES LOST SHARE/TRANSFERABLE SUBSCRIPTION RIGHT/WARRANT CERTIFICATES The following Share Transferable Subscription Right (TSR)/Warrant (WRTS)certlficates/* together with the relevant signed transfer deeds have been reported lost or destroyed:AMCOL HOLDINGS LIMITED No. of Shares/ Certificate No. In the name of TSR/WRTS *****30/31 Mr Harpal Singh 2x1,000 *****96/97 Mdm Mah Siew Leng 2
      1,076 words
    • 10 22 When people want quick results, they call CATS. C.A.T*. 717-I'**
      10 words
    • 15 22 Read Chartpoint, a guide to investing in the stoek market. I'.very Saturday in Business Times.
      15 words

  • THE TRAVEL PAGE
    • 1040 23 City Flight ETA Flight ETD Adelaide QF81 1840 SQ225 2215 SQ228 1915 Amman RJ182 1445 RJ183 2320 Amsterdam SQ23 0755 KL842 2035 GA893 1045 KL841 1055 Auckland TE25 1800 TE28 1920 SQ388 2025 Bandar Seri BI421 1100 SQ182 0915 Begawan SQ18I 1410 BI422 1205 BI429 2030
      1,040 words
    • 701 23  -  LETTER FROM ATLANTIC CITY By Paul Goldberger Perhaps the toughest job at the Trump Taj Mahal casino in Atlantic City is that of the telephone operators, who have been answering the thousands of incoming calls, "Thank you for calling the Trump Taj Majal, where wonders
      701 words
    • 152 23 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4290 1.4490 Canadian dollar 1.5900 1.6100 NZ dollar 1.0720 1.1120 Sterling pound 3.0640 3.0940 US dollar ***** ***** Ijocal dollars to 100 units of foreign currency Austrian schilling 15.40 16.40
      152 words
    • 76 23 Duration Title Venue OqVMMT Tel Duration Title Venue Organiser Tel Apr 5-23 International Buenos Fundacion (54)1/*****6) Apr 18-21 Home and Vienna Wiener Messen (43) Buenos Aires Aires El Libro Environmental und Congress 222/*****4-0 Exhibition Technology Fair GmbH Apr 7-12 International Brno, Foires El (42)5/*****11 /umuih.#. Consumer Goods
      76 words
  • Page 23 Advertisements
    • 64 23 T T T The busineu person! choice every T uevii>. 1(1 1% II I Thurtdav, Saturday and Sunday. Leaving I I II \I I II II I Changi Airport at 21:55 hour* and arriving at i Jf Al J J I \l Heathrow early the following morning. Call yotsr travel
      64 words
    • 274 23 PLAYTIME MEANS BUSINESS AT HONG KONG INTERNATIONAL TOYS GAMES FAIR '9 1 (El The most important event ot its kind in Asia, the Hong Kong International Toys Games Fair 91, provides manufacturers and exporters with the perfect showcase tor their products f3 The fair is to be held from 9-12
      274 words
  • Page 23 Miscellaneous
    • 233 23 8 Urinary disorder spread If round the hospital fast ~j|B 10 Look after your health: that l|H has to be right (5) JBBL_JBL_ 11 Eulogistic declaration that 1 old archbishop was a Con- UJ 13 O deliver reformed sinner frozen JlE—— 26 A warning of course was given, as stated
      233 words
    • 223 23 Singapore OUTLOOK: Fair with showers in the afternoon Report for 24 hours prior to 7 30pm on Apr 8 at the airport: Max temp, 33.7 Assoc humidity 59 Min '*"p 24.4 Assoc humidity- 97 Hrs of sunshine. 7JO Rainfall in mm Trace Rainfall this mth 33.2 Rainy days this mth
      223 words
    • 33 23 ISO h&ShoulD HC'SJUfeTI /W€.'S B6£» ftS'ceD TO fefeCceXi UJ.TH ISgJEgJ W,S UFeLONG JCLHKjNS P wcs UXDKihG "I r \FiNfrL TVUS P>lr7fc.RNQQhJ J pi£>sep nimse.LT. J j~~ O tVtMNO •TAMOAM CO LTD.. WWII B>4g
      33 words

  • 441 24  -  By Lilian Ang THE FINANCE MINISTRY is to build an office block in Thomson Road to house the Inland Revenue Department (IRD), slated to be converted into a statutory board soon. The plans, which have already received in-principle approval, will see the department
    441 words
  • 338 24 Reuter THE SOVIET ECONOMY, its productivity collapsing amid ethnic and political unrest, chalked up a trade deficit of US$5.4 billion in 1989 the first in 14 years. The grim figures, revealed yesterday by the Communist Party weekly Ekonomika I Zhizn (Economics
    Reuter  -  338 words
  • 113 24 Bernama ABOUT 35 per cent of construction works on the causeway expansion project have been completed, chairman of the Johor works and public utilities committee Ahmad Abdullah said yesterday. He said the Ms 22 million project, designed to provide a smoother flow for incoming traffic, is expected to
    Bernama  -  113 words
  • 44 24 A 200,000-strong crowd at a pro-independence rally last Saturday in Vilnius, Lithuania, was showered with leaflets from a Soviet army helicopter. The leaflets bore an appeal from Soviet President Mikhail Gorbachev for Lithuania to be reasonable in its demands.
    44 words
  • 260 24 FT UAL, parent company of United Airlines, has agreed in principle to a U554.36 billion takeover offer from its employees, bringing close the end to a long fight by pilots and other staff for ownership of the second largest US carrier. United Employee
    FT  -  260 words
  • 105 24 Reuter CHINA will soon issue new regulations restricting pri-vate-sector businesses. The official China Daily newspaper yesterday said the government would prohibit private enterprises from doing business in such sectors as finance, foreign trade, the military, real estate, railways and ocean shipping. Manufacturing and dealing in dangerous
    Reuter  -  105 words
  • 205 24 Reuter TAIWAN expects to achieve its real gross national product growth target of 7.41 per cent for the the first quarter compared with the same period last year in spite of a lower-than-expected rise in exports. Economic officials in Taipei yesterday said that the
    Reuter  -  205 words
  • 362 24  -  By Genevieve Cua ORGANISATIONS in the public and private sectors are working double time to stage a multi-million-dollar megaexhibition, dubbed Singapore 2000 Global Technopolis, this June. The show, which is expected to draw about 400,000 visitors, will bring to life the vision for
    362 words
  • 87 24 AFP AN OFFICIAL has assured the Indonesian public that there will be no shortage of graft offenders for display on an anti-crime programme on state television. "There is an adequate stock of corruptors and smugglers," the Antara news agency yesterday quoted the Attorney General's Office spokesman
    AFP  -  87 words
  • Page 24 Advertisements
    • 406 24 —RENTAL I jJB I Hp.! SITE OFFICE I MM CA LL SOON LI CABIN IJJt *****67 r i i F SINGAPORE INSTITUTE OF MANAGEMENT Real Estate Investment Analysis June 21 22,1990 Fee: SSS9O SIM members/Ss69o non-members Objectives: To identify real estate opportunities, analyse risks and returns and perform a complete
      406 words
    • 148 24 SALE J&SiZi*,**- 542 5168 0 ■r J^ffi^g^SjSß^ JH^H| v r 7 >i^-: ■■v Dauphin Sitzkultur Your backbone is where you feel YOUR COMPANY'S ATTITUDES. Dauphm, one of West Germany's leading office chair manufacturers, has intensively studied the special requirements and activities widely varied fields of work The result: SyncroLine, a
      148 words

  • SHIPPING TIMES
    • PORTSIDES
      • 100 25 AFP CHINESE AUTHORITIES arrested 110 suspects and delivered a crushing blow to several gangs that pillaged trains, trucks and ships in eastern China, press reports in Hongkong said on Saturday. About 85 of those arrested were suspected members of several armed gangs that robbed trucks
        AFP  -  100 words
      • 99 25 AFP ITALIAN CARMAKER Fiat has emerged as the most likely candidate to build a car assembly plant in Iran after a joint commission agreed on Thursday on a reimbursement plan for a previous port project. The commission approved an agreement between Italy's Italstat
        AFP  -  99 words
      • 35 25 Reuter THE DAMAGED LIBERIAN oil/chemical tanker Owl Transporter is offloading in Dubai and will leave on or about April 15 for an unknown destination, Lloyds Shipping Intelligence Service said. Reuter
        Reuter  -  35 words
      • 73 25 Reuter THE EXXON CORPs oil tanker Exxon Long Beach, carrying 52.5 million gallons of Alaskan crude oil, was briefly aground on Thursday morning inside Long Beach Harbour, near Los Angeles, the US Coast Guard said. The supertanker ran aground on soft mud as it was leaving
        Reuter  -  73 words
      • 56 25 Reuter THE CYPRUS GRAIN COMMISSION has invited tenders for the import of one cargo of grain comprising 14,000 tonnes of maize and 8,000 tonnes of hard wheat. The closing date is April 11 for shipment between May 10 and 25 from America and May 20
        Reuter  -  56 words
      • 65 25 Reuter THE BOSPHORUS WATERWAY was closed to traffic for three hours last Friday because of heavy fog, Turkish maritime officials said. The Marmara outlet of the 19-mile strait opened at 0710 GMT, enabling 11 ships held up by the fog to begin navigating the waterway.
        Reuter  -  65 words
      • 38 25 Reuter THE DANISH OIL/CHEMICAL tanker Herta Maersk, 13,845 dwt, was in collision with a jetty while manoeuvring to berth at Canvey Island, UK, on Thursday, Lloyds Shipping Intelligence Service said. Reuter
        Reuter  -  38 words
    • 139 25 LLOYD'S Register (LR) will hold a half-day seminar in Singapore on Oil Tankers in the 1990s at the Omni Marco Polo Hotel on Friday, April 27. It has invited three experts from the Lloyd's Register headquarters in Lon- don to address the seminar.
      139 words
    • 222 25 HYUNDAI Merchant Marine has formed an intermodal subsidiary in the United States to operate stack train services. Hyundai Intermodal, Inc commenced operations on April 1, 1990, at Hyundai's corporate headquarters in Gardena, California, but will set up its own corporate headquarters at Torrance,
      222 words
    • 1257 25 Pog« CoIooh* AtC TWtM« 5 Accord S*pg T«* 3-5 AltOlrOI SOO A.r S«'«" 5 AJ«r#d C Toopfer f<v'#r S Ak'9*k'+t I *0' f h—A 5 AFC l«« I An fe» 3 5 AlS I 1,A« MtN" 4/5 Arrow l*OI N»ao 5 ASG M»OOa 3 Aw fiprMt S<i
      1,257 words
    • 375 25  -  By JEAN FOONG JARDINE PACIFIC, the trading and services arm of Hongkong-based Jardine Matheson Holdings, will substantially expand its operations in Indonesia this year. Although it is now restricted to providing general agency and protective agency functions, Jardines says it has plans to
      375 words
    • 385 25  -  By OTHMAN ABU BAKAR KONSORTIUM Perkapalan Bhd (KPB), one of Malaysia's largest container haulage companies, has taken delivery of 35 new prime movers and 245 trailers worth some Msll million. Its deputy general manager, IT Ooi, said the company's expansion path may
      385 words
    • 248 25 CARGO TRAFFIC in and out of the US increased for almost all ocean carriers last year, with US carrier SeaLand handling the most freight and Singapore's Neptune Orient 17th on the list. International container traffic grew 8 per cent in
      248 words
    • 948 26 Fairplay LENGTHENING drydocking intervals from two or three years up to an interval of five years is an attractive prospect for shipowners. It means fewer days' service lost, and drydocking costs roughly halved every five years. For the modern paint systems in use at
      Fairplay  -  948 words
    • 860 26 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
      860 words
    • Ships in Port
      • 1957 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtalner Schedules Blk Op Gdn Date/Time Time From Time To Booking Gate A Goncharov 22MF90 10 04 90 1600 09/1330 09/1359 Portnet 2 N2 00 F0I 09/2315 09/2344 NA 2 Al Mirqab 47 10 04 90 0130 09/1030
        1,957 words
      • 101 26 Penang Port On the way: Ceynowa, Alam Tangkas. Boxingchai, Hu Cai, San Mateo Victory, Fareast Pilot, Vinh Tra, Maenam Bridge, State Of Tripura Due on 07.04.90: Bunga Seroja. Sea Leopard, Indira Gandi, Success Star, Alam Tenteram, Maersk Farco Due on 08.04.90: Diwata, Isakaze. Lampung, Anson Kuantan Port On the
        101 words
    • 10497 32 AARHU6 Ming Propitious. Yang Ming Lino, April 9. Alaska Maru, Trlot. April 10(PK). Ned Delft, ScanOutch. April 11. Tokyo Bay. Trlot. April 12. Arild. Maersk Line. April 12. Noraaia Suaan. SeaLand/Norasia, April 13. Evar Glowing Evergreen April 14. Ming Sun. Yang Ming
      10,497 words
    • 365 40 COMPENSATION paid to passengers involved in maritime accidents is to be substantially increased, following the adoption of a new treaty by a conference which ended in London on March 30. The maximum compensation payable in the event of death or personal injury has been raised to
      365 words
    • 240 40 Reuter THE SUPPLY of tankers is expected to remain broadly in line with demand over the next few years, shipbrokers H Clarkson and Company said in a six-monthly report covering the prospects up to 1993. At the beginning of this
      Reuter  -  240 words
    • 395 40 FOUR ULTRA LARGE crude carriers (ULCCs) are believed to have been sold to a Middle-East concern for about US$25O million en-bloc. These are the Esso Atlantic, (516,895 dwt and built 1975), Esso Pacific, (516,423 dwt and built 1977), Esso Caribbean, (456,368 dwt and built 1976) and Esso Mediterranean, (457,062
      395 words
    • 147 40 Reuter THE PANAMANIAN ship registration authorities are working to win back the confidence of world shipowners, the head of the Panamanian maritime bureau said. Guillermo Marquez, director general of consular and maritime affairs, said in Tokyo that he is cracking down on abuses which
      Reuter  -  147 words
  • Page 25 Advertisements
    • 43 25 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vessel/Vov SIN MAA CCU INGER RI IS 02 13/4 20/4 SUPER EIGHT 01 23/4 30/4 CALL: *****71 (See Page 13 Column 4). For advertising and circulation anqulriaa, please call Business Times, Tel: *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD
      43 words
    • 18 25 Lines and services represented by Members of the Registry of Accredited [fffiCNwM Shipping Agents. Singapore National Shipping Association.
      18 words
    • 310 25 SHIP LASHING MATERIALS SPECIALIST KINTERMARINE SUPPLY CO (PTE) LTI T*l: *****33 (6 ItOM) TU IMCCO R*****8 F«x *****77 INSIDE Coating systems LENGTHENING drydocking intervals from two or three years up to an interval of five years is an attractive prospect for shipowners. It means fewer days' service lost, and drydocking
      310 words

  • Page 26 Advertisements
    • 67 26 NOTICE ARRIVED MNGAPOBE M/l/M M.V. "ASIAN ANGEL" VOY 1 ARRIVED SINGAPORE fl/S/N Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a General Survey will be held on the 10th April (Tuesday) at Keppel Wharves K3O from 0000 hours 1200 hours No further survey will be
      67 words

  • Page 27 Advertisements
    • 4787 27 11/ A Will/ s s ,w <OT London «|Tjtw?rrnnf^^^^H ■IRlia TERMINAL/CFS Ttl *****18 220 I aMB k J Iml ~J 1 I Lwj I Freights PC" I «LANG TEL *****18 TELEX NO MA*****/MA***** V h7 SSnS PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 S DocluoK'd K> Qualify ,>'CVl<f
      4,787 words

  • Page 28 Advertisements
    • 1161 28 I ROTTEHOAM/ VOY NO S PORE P KELANQ SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE ALASKA MARU 1<V543 10/4 12/4 30/4 2/5 4/5 5/5 7/5 TOKYO BAY 97/542 18/4 3/5 5/5 7/5 8/5 10/5 HEIDELBERG EXPRESS OS/546 17/4 20/4 8/5 10/5 12/5 13/5 15/5 OSAKA BAY 93/545 19/4 14/5 8/5 10/5
      1,161 words
    • 599 28 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT TBN 25/4 6/5 8/5 15/5 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO TBN 25/4 29/5 1/6 4/6 6/6 AflMfltß: SINGAPORE: *****00 BOOKINGS: *****08 NORTHBOUND TO UKC IS'PORE IROM/ADAM HBC HULL(U.K) TAUSALA SAMOA V.I7H 23/4 ?0/5 24/5 21/5 CLYDEBANK V 28N
      599 words
    • 1322 28 R3 ar9BU£SM& MJtam HMiH REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALG) HAM) ROT) NORAS!A SUSAN 9006-3 13/04 17/04 29/04 04/06 06 05 06/05 10/05 11-05 12/05 13-05 14/05 ARABIAN SEA 007W 20/04 24/04
      1,322 words

  • Page 29 Advertisements
    • 1591 29 SjgSteamers Maritime Holdings Ltd W pjfcQ flf m STRAITS SHIPPING J. tm—ri tt Braul, East Malaysta, Containers S'por* P KlMf S tan M'buri B'Haven R darn Left ACCEPTS DUE SAILS ALASKA NADU 10(04 lljo4 »04 02.05 040S «05 0705 CARCO mcToclmJig express 11/04 IW4 «5s OW W» U/S U» STRAITS
      1,591 words
    • 1892 29 TO: EUROPE TO: FAR EAST SP LM ROM HAM BRE FIX SPORE HK RAO BU CHOYANC SUCCESS (WW 14/4 2/5 J/5 4/5 6,5 7/5 CNOVANC CHANCE 046E 12/4 IC/4 11/4 26,4 HANJIN TONCHAE 073W 21/4 J/5 10/5 11/5 13/5 14/5 QUEENSWAY BRIDGE 013E IS/4 11/4 20/4 2S/4 HAN JIN ROTTERDAM
      1,892 words
    • 349 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL AMSALIKA ASEAN ASIAN TRADER STAR VOY NO 54 1 112 S'pore 14/4 26/4 30/4 P. Kelang 29/4 2/5 Penang Hong Kong Yokohama 15/5 19/5 20/5 Nagoya 17/5 Osaka 11/5 15/5 Senboku Kashima Funabashi 'For Discharging Only NOTE: ALSO CALLING OTHER
      349 words

  • Page 30 Advertisements
    • 637 30 DJASAQETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD e FT. 6ESUHI LLOYD P.T. SAMUOERA MMMfSIA e P.T. TRIKORA LLOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSIJVOY SPOKE R OAM/ H'BURG BREMEN ANTWERP ADAM S.PANJANG/2SWB 22 25/4 23/5 27/5 1/6 3/6 MATARAM/2WB 30*4- 2/5 M 10/6 2/6 15/1 BAAB ULLAH/22W8
      637 words
    • 773 30 6ft H ANJIN SHIPPING yy FULL CONTAINER SERVICE CHOTAKG SUCCtSS WW PffiH T""S" "JT TT'tT j HANJIN TONC HAE 073W 21/4 9/5 10/5 11/5 13/5 14/5 n.\ 2 X?V.\ IS SS 22 HANJIN ROTTEROAM 00«W 2M 17/5 18/5 20/5 21/5 HANJIN LE HARVE 00IE TU4 H CHEIU HOC 18/5 9/5
      773 words
    • 61 30 TRI-CEL FREIGHT SERVICES PTE LTD 34A, Tanjong Pagar Road Tel: *****02/*****11 Fax: *****54 Tlx: RS ***** Contr Vessel SIN Loading for FY. SHAN 09/4 Jeddah, Limassol, Mersin F.S. SHAN 29/4 Alexandria, Tripoli/Lebanon FY. SHAN 09/5 Beirut, Lattakia, Piraeus L. SHAN 10/5 Lagos, Matadi MELITA/9007 11/4 Madras EXPRESS CONVENTIONAL SERVICE Vessel
      61 words
    • 1539 30 1-J -T-J I fl I I H I IPKL SCP HKC KSC KLG PUS HKT OSK TYO BAL LHV AN* ROM FIX HK I EVER GRACE 1/4 11/4 11/4 17/4 21/4 24/4 26/4 2*4 1/5 26/5 M 7/6 U M 1V» W U IVER GLEAMY li'« 17/4 Hl* 23/4 271*
      1,539 words

  • Page 31 Advertisements
    • 1304 31 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSi iV Jv fltai PIL Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOY SIN J'KT SIN VESSEL VOV SIN BKK SIN KOTA MELATI 04SB 11/4 13/4 IS/4 PEGASUS PIONEER 7SN 10/4 13/4 17/4 EDEN 9009 11/4 13/4 ISM
      1,304 words
    • 1097 31 BEN LINE CONTAINERS LTD A 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY SP PK STOW HAM BHAVEN ROAM HAVRE Alaska Man) 10/543 10/4 11/4 30/4 2/5 4/5 Tokyo Bay 97/542 16/4 3/5 7/5 5/5 Hetdelberg Exp
      1,097 words
    • 512 31 M MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Penang Bangkok MPAAN VI4IW 7/12 Apr PAGAN VISSW nm AW PATHEIN VlOl 24/30 APR MYOMAYWA VI2S 25/21 APR MERGUI V 99 15/20 HAY THE BAHK UNI (A service of Andrew Weir Shipping) \vr SEMI CONTAINER SERVICE
      512 words

  • Page 32 Advertisements
    • 560 32 IRANIAN SERVICE Singapore Loading for:A VSL MID Banda Abbas 'p&gngmß (National Line 01 Maxlco) U.S. WEST CO AST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKG LB ENStNAOA I CARMNAS S CRUZ MAHUAN'LLO TOIUCA VlO 30,3 22/4 24/4 2*4 30,4 2/5 Ml TAX. V 2« M 2/5 13/5 OAXACA Vl2 11/4 13/5 14/5 11/5
      560 words
    • 401 32 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HUG LWt OAK SEA FROM PSW LBH OAK StA HKC SIN HYUNDAI PIONEER 31E 13/04 1904 07 05 10/05 13/05 HYUNDAI EXPLORER 2*» 12,03 15/03 11U3 05/04 1204 LAIANDIA 31E 20/04 2S/04 14/05 17)05 20/06 HYUNOAI COMMANDER
      401 words
    • 288 32 SEE Pag« Nln* CCNIJ Compariia Chiieiu de Nixpctoa lntrroctanica S.A. TO SOUTH PACIFIC PORTS SIN POM LAE SUV PPT T.B.N. 25/4 7/5 10/5 17/5 22/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP T.B.N. 25/4 5/6 7/6 10/6 AGENTS B BORNEO SHIPPING PTE LTD MAS BULDMG H 5-03G7 nafffiMPH 10SHENTON WAY.
      288 words

  • Page 33 Advertisements
    • 836 33 BjKSE: in terCon m \hiiimi mrr. i.rn FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —15/4 TOKYO —12/4 LE HAVRE —16/4 LAUTOKA —13/4 KEELUNG —15/4 YOKOHAMA —12/4 ROTTERDAM —16/4 SUVA —13/4 MANILA —13/4 KOBE —12/4 UK PORTS —16/4 BANGKOK —14/4 AUSTRALIA HAMBURG —16/4 EAST AFRICA BUSAN —13/4 GOTHENBURG—I6/4 p
      836 words
    • 717 33 Nedlloyd WE GIVE YOU THE WORLD Nedlloyd Lines yUPffl NEW ZEALAND/FIJI -1 VESSEL Jkt PKg 'Pen *Bkk Sm S tu»a Auckland FijHA) N Ptymouth(A) Timaru LytWtor(B) Ounedin(B) Napier Wellin|ton(C) Tauranja N Rochester"*** 11/4 14? 11/8 11/4 13/4 W 1/5 1/5 3/5 3(5 4/5 4/5 tfi 7,5 8/5 N. 30/4 21/4
      717 words
    • 3 33 SEE Pag« Ftft^n
      3 words

  • Page 34 Advertisements
    • 1099 34 N. AMERICA-ATLANTIC COAST HaMilll VOY *INOO 'PK/PNG fsGP LB CHLS NFK NYC HFX OOCL FREEDOM 30 9/4 10/4 12/4 5/5 15/5 17/5 19/5 23/5 OOCL FAITH 19 22/4 21/4 19/4 12/5 22/5 24/5 26/5 30/5 OOCL FRIENDSHIP 19 23/4 24/4 26/4 19/5 29/5 31/5 2/6 6/6 NEPTUNE JADE 24 30/4
      1,099 words
    • 1032 34 ETD SIN (1 DAY) +(1 DAY) I ~~1 ♦(1 DAY) ny, £NA ~~1 11/04/90 PORT KELANC PENANG BANGKOK VICTOR TWICE/WKLY BOOKING CONTACT w f SIN (3 DAYS) (2 DAYS) (1 DAY) 12/04/90 HONG KONG KAOHSIUNG KEELUNG JOYCE JUDY TWICE/WKLY ETD SIN (6 DAYS) MIOAY) (4 DAYS) WQMH&CONTACT 11/04/90 BUSAN MANILA
      1,032 words
    • 689 34 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTO 23, Tctok Aym Street SINGAPORE 0104 TEL *****H (10 LINES) Fax *****04 STRAITS/PERSIAN GULF SERVICE: S pore P Ketone Pew* GOLOtN HAVEN CotomboK«achi.<Ouba. 14 U Apr GOLDEN MAM Colombo/ KarjcKOwba. 2S/20 Apr CHINA SERVICE VU QINC Hiontpu-ShmOu. 15/lt Apr DAI VUN SHAN HuMCPu/Fuftou
      689 words

  • Page 35 Advertisements
    • 1851 35 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****19, AUST/INDIA/PAK-*****18 USA *****16, FAR EAST-*****48 Documentation: *****44/*****14 Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru *****3, *****4 MHTHK VSL/VOY PtSN PKU HUP MOTHER VSL/VOY SGP I.KH TLX RDM HAM
      1,851 words
    • 1305 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 220*241/2 .Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PCNAMC P KtLANC MESSRS HA! TNONG SNIPPING 127 Ptwwg Strtrt. Paw*. Malay** «*S HANOUNG SYSTEM CO SOKBHO
      1,305 words

  • Page 36 Advertisements
    • 741 36 DSR LINES VEB DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE [OUTBOUND SIN *LCA ANT ROM HBG RST >UEBELAND 2/90 wT 30/04 10/06 10/05 12/05 13/05 > ULBRICHT 4/90 01/05 15/05 24/05 24/05 26/05 27/05 X WENDA 5W 16/05 31/05 09/06 09/06 10/06
      741 words
    • 1456 36 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETO LOAOIN6 FOR DELI I NOAH 10.4.90 12.4 90 PANJANG/PK BALAM NAGA JAYA 13.4.90 15.4 90 PANJANG LAMPUNG JAYA IN PORT 10.4.90 PANJANG PINANG JAYA IN PORT 12.4.90 PANJANG/PK BALAM PERITA JAYA In Port 104.90 PANJANG/JAKARTA ABAOI
      1,456 words
    • 573 36 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES 1 AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka IRAN I:Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 13/4, 26/4, 29/4, 12/5, 16/5 [EUROPE I :To all inland points: VIA VOSTOCHNY Poland, Bulgaria, Czech,
      573 words
    • 552 36 ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) jVfStO. VOY smwow iAWCKOH JIK A BHUM* 03W Hon |In Pt Thur U/4 MAMA BHUM WW Wad 11/4 Sat 14/4 MEKHANIK KURAKO 04N Fri 13/4 Men 1M PIYA BHUM 220N Sit 14/4 lm 17/4 CHAIYA BHUM 04W Sun 15/4 Wad
      552 words

  • Page 37 Advertisements
    • 1076 37 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTG A VSL 9/4 16/4 A VSL 11/4 17/4 A VSL 18/4 23/4 (Conventional Service) ETA S'PORE LOADING FOR BANGLAR PROGOTI 14/4 S.KOREA/JAP AN BANGLAR MAYA 7/4 CTG/MONGLA EAST BOUND SERVICE ETA S'PORE LOADING FOR A VSL 30/4 Ummqasr/Baghdad £i)h 1k 1:
      1,076 words
    • 191 37 VESSEL I VOY ETA LOADING FOB SPO«E ANOtNET 1»WB ABBAY WOHZ M B MEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel fvoy Spore P Lours Durban Johannesburg EXCELLENCE CNTR EO3S In Pt 18/04 23/04 26/04 DILIGENCE CNTR 003S 23/04 03/05
      191 words
    • 599 37 te|_P.T. maskapai pelayaran LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK FOR BOOKINGS CALL SPCCARGO FORWARDING AT TEL: 222Q255 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN
      599 words
    • 690 37 MADRAS CALCUTTA KHELI m >H MAA SIM INGER RIIS 02N90 13/4 20/4 27/4 Km RIIS (QMS) 19/4 2t/4 03/5 DANISH FLAG INGER RIIS (BNW 27/4 04/5 11/5 YEAR BUILD I*S NEETE RIIS 04N10 03/S 10/S 17/S INGER RIIS 04N90 11/5 11/5 25/5 MEETE RIIS OSN9O 17/S 24/5 31/5 INGER RIIS
      690 words
    • 379 37 TO AUSTRALIA/NEW ZEALAND V& linpnn Fi——» ME— i|*n) Imtlml DlM** 55E ms 1m zm Si uyi c vuouk 5 sm lis m Off ivi n/5 antwciwn w ujj art ivs si? w* I TKT 55 Ml ~/ii IM W* 5* IM 5? 7 DATS TO FAEMANTLE! TO USA/CANADA I VSL
      379 words

  • Page 38 Advertisements
    • 688 38 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore KAMALEVERETT 21/73 Apr 24/26 Apr THOMASEVERETT 29/ 1 May SHAPUEVERETT 15/17 May "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE
      688 words
    • 666 38 FULL CONTAINER SERVICE accepting FCL/LCL cargoes to USA East A West Coast. Carribbean.East Canada. HAITI Guatemala and Honduras VSL [S PORE MAINLINER |LAX [KST [SAV [NYC |HFX ZIM SYDNEY 10/4 ZIM TOKYO ffi ISfi llfi 20/5 22,5 ZIM BRISBANE 12/4 ZIM PUSAN lift 24/5 17/5 29/5 n/S ZIM KOPER 19/4
      666 words
    • 702 38 SING KWANG HANGI mmrma a transportation (rr*> ltd WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAY>T~| JENLINK 4/4 7/4 JENWEL 30/3 I I 2/4 I VESSEL SPORE BANGKOK A VESSEL 31/3 3/4 A VESSEL 7/4 10/4 DESTINATIONS ETA SINGAPORE PORT KELANG 30 MAR MANILA 2 APR HONG KONG. ALL CHINA PORTS
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    • 481 38 A PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PHASETIA 83A 11/4 14/4 PELOPOR 937 14/4 17/4 PRASETIA 85A 18/4 21/4 PELOPOR 938 21/4 24/4 TANTO UTAMA 67 11/4 14/4 TANTO UTAMA 69 18/4 21/4 TANTO UTAMA 71 25/4 28/4 TANTO
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    • 354 38 15/4 KEELUNG/KAOHSIUNG 15/4 BANGKOK 13/4 MANILA 14/4 JAKARTA 13/4 PORT KELANG/PENANG 10/4 BUSAN 13/4 TOKYO/YOKO/KOBE 12/4 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuztiou/ Xiamen/Xingang/Shanghai lis 15/4 LDN/FLX/LVP/SOU 15/4 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgana/Czech. S!N USA/CAMA»A 12/4 L.A./NYC/SFO 12/4 VANCOUVER/TORONTO/MONTREAL SIN AMTmiA/NEW ZEALAND 13/4 SYD/MELB/ADEL/FREM 10/4 AUCKLAND/WELLINGTON SIN
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  • Page 39 Advertisements
    • 134 39 grpi r (jr csa Egyptian International Shipping Company -•*«> SERVING DIRECT TO/FROM PORT SUEZ, ALEXANDRIA, AND PORT SAIO BY EGYPTIAN fIAG VESSELS j tASTKXJUD m ICYPT WLI V 204 IT A SPORE IS/4/M WUTMUNO TO fCYPT NILE VJOS fTA SPORE 31/S/tO I ACCEPTING CONTAINER AND CONVENTIONAL CARGOES S PORE AGENT:
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    • 120 39 SPORE DEST. ANU SLO HONGKONG/HUANGPU BALSA 6- 9/4 MANILA Y. CHENG 10-15/4 RANGOON SOL LUNA 10-15/4 BANGKOK TBN 14-16/4 HKONG/HUANGPU VSL ETA LDG FOR YE XING 7-10/4 BANGKOK VISAKHA 17-19/4 BANGKOK TEL: *****83 TLX: ***** JNMARI FAX: *****36 Koala Express/Joon Liner Services BV FULL CONTAINER SERVICE FROM SINGAPORE TO UK/CONTINENT
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    • 521 39 VSL DESTINATION ETA SIN BANGKOK MAHA BHUM V MM BANGKOK 11/4 SIR) BHUM V 443 ft BANGKOK 12 4 PIYA BHUM V 220 ft BANGKOK 14 4 SO ORIENT ISR CEBU MANILA 13/4 AKA BHUM ItS CEBU. MANILA 20 4 INFINITY SOS CMITTAGONG. MONGLA 114 VEGA VI2A KARACHI. BOMBAY 114
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    • 508 39 G***** Agtflti: TOAAjm/Aar rt/7 PENANG KL: aluco-LMK SINGAPORE: /fH^\ 04-*****2 *****8955 778 6522(22 lines) (StFA) V Mw«m 0n« Sumo Ne/ChrMtoe CMnr Alto* YnMnt Yao m Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY S'PORE JAKARTA EDEN 9008 06/04 09/04 DELTA MAS 148N/149S
      508 words
    • 260 39 SM FTL OBM MY lOHFU VOYOOW 19/04 30/04 05/06 OMIT I ALS PROSPERITY VOYIOW 29/04 10/06 15/06 OMIT ICHOfU VOYIIW 08.'06 IWO6 24/05 29/06 Accepting FCL lor Johannesburg VESSEL RBY DBM PTL SM ALS STRENGTH VOYO6E 03/04 06/04 11/04 21/04 ALS ENDEAVOUR VOYO6E 10/04 13/04 ISAM 01/06 ALS TRUST VOYOSE
      260 words

  • Page 40 Advertisements
    • 1071 40 Jan 1989 235 212 23 IMSISE ,r Jan 1991 248 223 25 Jan 1993 27i 238 33 (AA available tonnage, E/d effective demand, E/s effective surplus. UK/CONTINENT (TRIO) IP^I IS'ooro P K*tjrw S'ton H'buri iMm Retain Leh HelunAi HMMH MARU m I*4 30,4 2/5 4/5 Rrftofdaw :to Artwerp Amtarda* Ooto.
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    • 180 40 V dK.-C9K *sw** Globe-trotting Aigator Mitsui O.S.K. Lines' Alligator container service spans oceans and crosses continents by ship, rail and truck. RjH||Kfi^^SpH| Our Alligators provide Asian shippers with fast and frequent sailings to the world's principal markets in the Americas, Europe, the Middle East and Oceania. For dependable delivery and
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  • Page 40 Miscellaneous
    • 140 40 Regional Weather 10S 100E 110E SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON APRIL S. LEGEND R Thunderstorm Temperate c 2. Weather Wind direction with speed in knots Ro,n Cloudy Sky Wovehe-ght Surface winds are indicated by arrows which fly with the wind One fuH circle represents colm or
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