The Business Times, 12 April 1990

Total Pages: 42
1 42 The Business Times
  • 10 1 BUSINESS TIMES MCI (P) 170/12/89 Thursday April 12 1990 75*
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  • NEWS SUMMARY
    • 42 1 JAPAN and the US failed to reach an agreement for Japan to cut import tariffs on US lumber in a scheduled session in Tokyo yesterday. Both sides have decided to extend a scheduled three-day meeting until today.
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    • 32 1 GATT's director-general, Arthur Dunkel, warned yesterday that the Uruguay Round of talks to liberalise international commerce could run into trouble unless negotiators worked hard to resolve key issues.
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    • 25 1 AMERICAN businesses plan to increase spending on plant and equipment by a healthy 7.6 per cent this year, the US government said yesterday.
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    • 23 1 BUILDING CONTRACTS awarded in February fell just short of the $1-billion mark, the highest level in recent years Page 2
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    • 21 1 SISIR has spun off a subsidiary to provide companies with purchasing, quality management and engineering services Page 2
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    • 24 1 HONGKONG'S exports of electrical appliances plunged 42 per cent in January compared with the same month last year Page 8
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    • 32 1 THE JAPANESE government's promise to open up the economy to US companies could run into resistance from the opposition Socialists, owners of small businesses and corporate groups Page 10
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    • 31 1 US PRESIDENT George Bush has again warned Soviet President Mikhail Gorbachev not to use force in Lithuania, while praising the Soviet leader's commitment to peaceful change Page II
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    • 23 1 EAGLE LINER Shipping Agencies has tied up with the Hongkong operator of a Singa-pore-Manila service. Shipping Times Page One
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  • MARKETS SUMMARY
    • 37 1 NEW YORK stock market opened slightly higher yesterday, after the neutral trend of the past several sessions. The Dow Jones average of 30 industrials rose 7.66 to 2,738.74 in the first hour of trading.
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    • 39 1 LONDON Share prices fell on the London Stock Exchange yesterday with investors reluctant to buy ahead of the fourday Easter weekend. At midday, the FTSE 100-share index was down 4.9 points, or 0.22 per cent, at 2,212.6.
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    • 27 1 IPOH GARDENS Australia (IGA) is to sell half of its stake in the highly successfully restored Queen Victoria Building in Sydney Page 3
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    • 27 1 UE GOES FURTHER into the medical business by acquiring 4.9 million shares in Goodman Medical Supplies of Hongkong for HK$32 million Page 3
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    • 24 1 HOCK LOCK SIEW argues a case for a closed end investment firm to be converted into an open end fund Page 3
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    • 14 1 BANKERS get a revised set of international trade rules Page 7
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    • Article, Illustration
      29 1 Wednesday Change BT-MGA 765.60 +7.99 Kuala Lumpur .2,922.28 +86.53 Hongkong 2,959.98 Tokyo 29,440.28 -184.4 Sydney 1505.6 -5 4 Tuesday Change New York 2,731.08 +9X)I London 2,217.5 -10.2
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    • 21 1 Exchange rates USS SSI.8785 Yen (100) SSI.L855 MS SS0.6881 Money market rates Overnight 6 1/18% unch 3-montn 6 7/16% +1/16
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    • 36 1 London Gold AM fix US$374.50 -US$0.70 Rubber S'pore May l57.75'/kg +0.75 M'sia May 227.50«/kg +0.50 KL Tin Turnover 73 tonnes -36 Spot M$17.25/kg -0.10 Crado palm oil futures Turnover 1,461 lots +267 April M$669/tonne 15
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  • 525 1  -  By William Chia KAMUNTING Corporation Bhd and Malaysian Plantations Bhd, which hold substantial cross-holdings in each other, are planning to amalgamate into one company. The two companies announced in a joint statement yesterday that the new company, to be known as Kamunting Amalgamated
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  • 287 1 AFP JAPAN'S declining share prices and rising interest rates have forced the country's four biggest securities firms to revise downward their forecasts for economic growth in this fiscal year. But they also predict that the recent turmoil in Japan's financial markets will have minimal
    AFP  -  287 words
  • 132 1 AP TAIWAN'S booming economy shows signs of a slowdown that could help cool off rampant stock and real estate speculation and boost slackened industrial production, officials in Taipei said yesterday. But economists warn of an economic recession if the government fails to take quick
    AP  -  132 words
  • 107 1 JOIN BIN wine-and-dine contest tomorrow. The winner of this easy contest will receive a $200 dinner for two, courtesy of B I at one of Singapore's leading continental restaurants. Contest details and entrv forms will appear in tomorrow's BT. I here will be normal publication
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  • 476 1  -  By Conrad Raj METAL BOX Singapore (MBS) is taking advantage of the growing packaging market in China and the Far East by entering into a joint venture with its parent to buy Hongkong's third largest packaging company. Parent CMB
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  • 405 1  -  By John Tan THE OUTLOOK for tourism is so bright that even the Singapore Tourist Promotion Board, usually known for its conservative projections, has forecast growth in the number of visitors, of at least 10 per cent this year. Tourist board chief
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  • 111 1 Reuter CHINA and Japan yesterday opened in Beijing their highest level talks since Tokyo broke off such contacts in response to the bloody crackdown on China's prodemocracy movement last June. A Japanese embassy spokesman said Deputy Foreign Minister Hisashi Owada met his Chinese counterpart, Qi Huaiyuan.
    Reuter  -  111 words
  • Page 1 Advertisements
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    • 7 1 Hard battle on trade reforms, Pg 10
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    • 37 1 UE buys HK medical group for HKs32m, Pg 3 SEIKO'S NEW FUN a FASHIONABLE WATCHES ARE DEFINITELY MORE COLOURFUL THAN THIS ADVERTISEMENT! SEIKO Man invented time. Seiko perfected it. wik<mrmoc INSIST ON SEIKO'S INTERNATIONAL GUARANTEE CERTIFICATE. Cs^^
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  • HOME NEWS
    • NEWS ROUNDUP
      • 86 2 AN OIL SPILL was sighted yesterday morning at the Esso Single Buoy Mooring (SBM) located at Sinki Fairway. The oil was leaking from the ruptured underwater pipeline at the SBM. A Port of Singapore Authority spokesman said the spill was over an area
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      • 93 2 I'WO MISSIONS will be leaving for France next week to try to attract more French investments to Singapore and discuss opportunities for joint ventures. The first will be led by the French envoy to Singapore, Bernard de Montferrand. The other will be led by Foo Meng Tong,
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      • 76 2 SINGAPORE Telecom will expand the mobile telephone system's capacity to 45,000 by September. This was disclosed yesterday when the statutory board celebrated the 25,000 th mobile phone connection. The high number of such phones is a sign of the country's economic progress, said a Telecom official.
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      • 103 2 POLITICAL WILL and firm action are needed to fight the battle against drugs, said Dr Lee Boon Yang during the world ministerial summit to reduce the demand for drugs and combat the cocaine threat. The Senior Minister of State (National Development and Home Affairs) was
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      • 65 2 PRIZE-WINNING orchid blooms and singing birds are making heads turn at the Singapore Tourist Promotion Board's pavilion in Asia's largest horticultural show now on in Japan. The Republic won a bronze medal in an orchid competition during the pre-opening day of the Osaka International Garden and
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      • 58 2 THE retail industry has become the first service sector to introduce a structured training and certification scheme. The Retail Sales Assistant programme will be offered through the Singapore Retail Merchants Association Training Centre. The RSA programme is also the first course of its nature to be certified
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      • 80 2 DINERS at Pizza Hut restaurants in Singapore can now use NETS to pay their bills. In a press release yesterday, NETS said the portable terminal developed by its Information and Technical Services means customers at the 18 Pizza Hut outlets in Singapore can pay for
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      • 85 2 MOUNT ELIZABETH Hospital is starting a rehabilitation ward that is architecturally designed to promote independence. This is a new concept in the rehabilitation treatment of patients recovering from strokes, traumatic head injuries, spinal cord or neuromuscular disorders. The patient stays in the hospital for about three weeks
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    • 340 2  -  By Lee Han Shih BOOSTED BY the Lunar New Year and increased public spending, nearly 1 billion worth of building jobs were given out in February. The figure, the highest in at least Five years, was contained in the latest Monthly Bulletin
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    • 401 2 CHARTERING a vintage yacht, selling medical equipment and steel as well as doing demolition work are all part of a day's work for Japanese company Go-oo Shoji, which has plans to expand its operations in Singapore. The diversified Tokyobased group wants to develop its Singapore
      401 words
    • 349 2  -  By Teh Hooi Ling THE Singapore Institute of Standards and Industrial Research (Sisir) has spun off a subsidiary to provide local companies and multinationals with purchasing, quality management and engineering services. Novo Quality Services is 60 per cent-owned by Sisir commercial arm Novo
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    • 340 2 THE Public Works Department, due to construct an estimated $1.4 billion worth of road tunnels for Singapore, is sending engineers overseas to learn about underground transport infrastructure. A team of three PWD engineers is now in Japan and Taiwan for a two-week
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    • 292 2 REINFORCING a view gaining increasing acceptance, a just-released DBSBank study disregards as myth the notion that the political uncertainty clouding Hongkong's future will translate into substantive gains for Singapore's economy. Instead, the study, from the bank's economic research department, suggests that because
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 500 3  -  From Florence Chong in SYDNEY IPOH GARDENS Australia (IGA) is to sell half of its stake in the highly successfully restored Queen Victoria Building in the heart of the city. The move is to reduce its debt, totalling around As9o million. Agents
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    • 323 3  -  By Conrad Raj UNITED ENGINEERS Ltd is venturing further into the medical supplies field by acquiring Goodman Medical Supplies Ltd of Hongkong for HK$32 million (557.7 million) cash. An announcement from the company yesterday said it had acquired 4.9 million shares of HK$l
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    • 187 3 Bernama BANKER-tumed-business-man Wan Azmi and his family company Rohas Sdn Bhd have served notice to take over Juara Perkasa Corporation Bhd. Wan Azmi and Rohas, who together owned a 51 per cent stake, are making a general offer to acquire the remaining 3.8
      Bernama  -  187 words
    • 266 3 MBT MOST broking houses in Kuala Lumpur which offer margin trading are understood to be either winding down their positions or reducing their exposure as a result of new conditions set by Bank Negara. PB Securities executive director Abang Zainal Abidin confirmed that the
      MBT  -  266 words
    • 612 3  -  THE HOCK LOCK SIEW COLUMN By Rosie Tan A SHAREHOLDER'S public dissatisfaction with the price performance of Overseas Union Securities has raised the question of whether such listed investment companies, four of which are listed on the local stock exchange,
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    • 370 3 MBT MALAYSIAN stockbroking firms can now apply for a direct listing on the main board of the Kuala Lumpur Stock Exchange (KLSE) and will thus not be permitted to seek quotation on the second board. This is because the minimum
      MBT  -  370 words
    • COMPANY BRIEFS
      • 49 3 WEARNE BROTHERS Ltd said yesterday that an application has been made to the relevant authorities in the US for the listing of its 61 per cent subsidiary, Advanced Logic Research Inc (ALR), on the National Association of Securities Dealers Inc Automatic Quotation System (Nasdaq).
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      • 94 3 MALAYAN United Industries Bhd (MUI) says its proposal to establish a property trust is still under preliminary consideration. Replying to a KLSE query, MUI said it would therefore be premature for the company to make an announcement on the matter at this time. It was reported
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      • 88 3 APOLLO Enterprises Ltd announced that its shareholders have at an EGM held yesterday approved its proposed acquisition of 5.47 million shares in Apollo Centre Pte Ltd for $6.57 million to be satisfied by an issue of 2.2 million new Apollo shares at an issue price
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      • 38 3 COLD STORAGE Holdings Ltd announced yesterday that Mr Peter H Goodman has been appointed a director of the company to replace Mr Richard H Jeffrey who resigned from its board on April 6.
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      • 66 3 DIRECTORS of Asia Commercial Bank have appointed N M Rothschild Sons (Singapore) to advise the board with regard to Keppel's takeover offer for the bank. Holders of ACB shares are advised not to take any action until thefy receive the recommendation of ACB's independent directors together with
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      • 54 3 KUMPULAN Perangsang Selangor Bhd is now a substantial shareholder in Worldwide Holdings Bhd with a stake of 16 million shares acquired on March 29. KPS's subsidiary, Perangsang Hotel and Properties Sdn Bhd, also notified that it is now a substantial shareholder of Worldwide with 20 million shares
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      • 35 3 MATSUSHITA ELECTRIC Co (M) Bhd (Melcom) has made its initial shipment of 20,000 sets of Made-in-Malaysia electric fans to 15 countries. The major destinations are Saudi Arabia, Hongkong and Singapore.
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  • Page 3 Advertisements
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 100 4 »C ITOH and Co Ltd has set up an aircraft leasing subsidiary Iln Japan, a spokesman for the trading company said. C Itoh Finance Co Ltd, capitalised at 100 million yen, is -owned 95 per cent by C Itoh and five per cent
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      • 124 4 JTHE Japanese firm Sony Corp announced the establishment r of its fourth factory in France, where it will build components Jfor its other European plants. The factory in Bayonne, southJwest France, will produce components such as optical pick-up devices for compact disc players as well as
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      • 115 4 .AMERICAN oilman T Boone Pickens has appealed to the •fair Trade Commission, claiming that Japan's 11 motor are violating anti-trust rules through their interests Jn autoparts suppliers. Mr Pickens' Boone Co demanded that •Japan's anti-trust watchdog investigate allegations that the Jnotor companies use their advantage as
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    • 435 4 AFP JAPAN'S Mitsubishi Metal Corp and Mitsubishi Mining and Cement Co Ltd are to be merged irto a diversified metals and building-materials giant with annual sales of almost US$6 billion. The decision was prompted by "challenges of the operating environment" and "agreement that
      AFP  -  435 words
    • 145 4 AFP MITSUBISHI Heavy Industries jUd and two other Japanese companies are planning to join US aircraft maker project to develop a passenger airplane. VfHI officials said representatives from MHL Kawasaki Heavy Industries Ltd and Fuji Heavy Industries Ltd will leave for the
      AFP  -  145 words
    • 274 4 Reuter HARLIN HOLDINGS Ltd, the 55 per cent owner of Elders IXL Ltd still has the support of its lenders despite a sharp fall in Elders's share price, John Elliott, chairman of both companies, says. "The banks in Harlin are giving us great
      Reuter  -  274 words
    • 214 4 AFP JAPANESE retail group Seibu is to take control of French couture house JeanLouis Scherrer. Seibu has been, for the past 10 years, the sole Japanese distributor of Scherrer products under licence. The Japanese group and French luxury goods maker Hermes, with
      AFP  -  214 words
    • 333 4 AP BANKING on an accelerating demand for luxury cars in Japan, Alfa Romeo announced Tuesday it has set up a subsidiary in Tokyo to promote sales and service. The subsidiary. Alfa Romeo Japan, will set up sales networks, expanding the outlets for
      AP  -  333 words
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  • Page 5 Advertisements
    • 184 5 The facts that everybody Britain's leading exporter of manufactured goods. should know about British Britain's largest exporter of cars. Aerospace are far more than Winners of 22 export and 8 technology Queens Awards to Industry. They are hard-won Comprehensive range of defence systems. credentials that show outstanding prime contractor for
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 67 6 THE WEST GERMAN Federal Cartel Office has approved Siemens AG's application to acquire 51 per cent of Nixdorf Computer AG. A spokesman for the office said Siemens' application had been approved without any conditions. The spokesman said Siemens and Nixdorf had been
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      • 116 6 FRENCH BUSINESSMAN Jean-Pierre Emden was on Tuesday charged with insider trading by a Paris court in connection with the takeover of US company American National Can (ANC) by French group Pechiney in 1988. The French courts are investigating alleged insider trading during negotiations between
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      • 100 6 WEST GERMAN food retailer Asko Deutsche Kaufhaus said on Tuesday it was holding talks with an unnamed British conglomerate which was interested in taking a stake in the West German company. The spokesman refused to confirm a West German newspaper report that the British
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      • 98 6 TWO BIG COMPANIES are interested in buying the lighter and match operations of Swedish Match just four months after the company was sold by its former owner Stora, Europe's biggest pulp and paper producer. Mr Massimo Rossi, president and chief executive of Swedish Match, said
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      • 89 6 THE EUROPEAN Commission has decided to open an enquiry into aid totalling more than US$3 million given by the Belgian government for six projects in the Brussels region by West German car maker Volkswagen. The Commission said that Belgium had not clearly demonstrated the
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      • 126 6 SOME 543 British companies went into receivership in the first quarter of this year, double the number in the same period last year, according to a study released on Tuesday. The study by auditors KPMG Peat Marwick McLintock said the main reason for the
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    • 122 6 AFP THE Pathe Communications group and Time Warner have announced an accord aimed at facilitating Pathe's acquisition of Metro-Goldwyn-May-er/United Artists (MGM/UA) for around US$l.2 billion. The agreement calls for Time Warner and its Warner Bros affiliate to arrange a US$65O million bank loan which would
      AFP  -  122 words
    • 613 6 Reuter TWO RECENT billion-dollar high technology mergers indicate major telecommunications firms and computer companies are targetting potentially undervalued allies in a bid to gain market share. Industry analysts said such takeovers will remain relatively rare, concentrating on strategic assets rather than the
      Reuter  -  613 words
    • 433 6 Reuter CALIFORNIA'S Insurance Department may have dealt a fatal blow to Sir James Goldsmith's Hoylake Investments Ltd bid for BAT Industries pic, analysts said. Hoylake's failure to get the go-ahead in California for its planned sale of BAT's Farmers Group Inc to France's
      Reuter  -  433 words
    • 723 6 NYT LOCKHEED CORP said on Tuesday that it had successfully beaten back an attempt by the Dallas financier Harold C Simmons to gain controlj>f the company. Lockheed, based in Calabasas, California, said that a preliminary tally of a proxy
      NYT  -  723 words
  • Page 6 Advertisements
    • 111 6 THE GATEWAY Singapore's Premier Office Development Is Available for Immediate Occupation! The Gateway is now complete and already has attracted more than 60 tenants, leasing over 600,000 sq ft. Located just outside the CBD and close to the Bugis Street MRT Station, the property offers tenants prestigious offices at competitive
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  • FINANCIAL NEWS
    • 486 7  -  By Charles Stephan Charles Stephan is Singapore's delegate to ICC's Commission of International Commercial Practices in Paris. THE Paris-based International Chamber of Commerce has refined its international rules for the interpretation of trade terms to keep pace with the increasing use of electronic data
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    • 176 7  -  By Quak Hiang Whai TWELVE financial institutions, including Singapore's Big Four local banks, are underwriting the international tranche of a US$6O million Jakarta Growth Fund. The closed-end fund, which was listed on the New York Stock Exchange on Tuesday, will invest primarily
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    • 127 7 THE Singapore branch of Standard Chartered Bank has installed a new computer system which will enable its dealers to tap multiple sources of information without having to leave their desks. The system comprises the Reuters CIS Triarch 2000 trading room system and the British Telecom integrated
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    • 279 7 NYT CS HOLDING, the parent company for Credit Suisse, is seeking majority control of Bank Leu, Switzerland's oldest and fifth-largest commercial bank, in what would be one of the biggest takeovers in Swiss banking history. Rainer Gut, CS Holdings' chairman, on Tuesday announced
      NYT  -  279 words
    • 178 7 AFP THE Japanese Finance Ministry may let local financial institutions join Globex, the electronic futures-trading system being promoted by the Chicago Mercantile Exchange, a Japanese ministry official said in Tokyo on Tuesday. The official said the ministry was considering a plan to allow institutions such
      AFP  -  178 words
    • SMALL CHANGE
      • 92 7 MITSUI Taiyo Kobe Bank Ltd announced plans on Tuesday to create a new company to specialise in interest-rate and currency swaps and options. The new company will have headquarters in New York, with other offices in London and Tokyo. It will be headed by two executives hired
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      • 81 7 THE Australian Nugget gold coin, minted in Western Australia, has achieved sales of one million ounces on the international market in less than three years, Goldcorp Australia said. Goldcorp said more than 90 per cent had been sold outside Australia, generating almost Ass3o million in
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      • 13 7 Dollar$ Non$en$e "All those In favor of eroticizing our annual report say 'aye.*
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    • 369 7 FT THE big European banks and credit card companies have drawn up a voluntary code of conduct to protect the owners of lost or stolen credit cards. Their action is a desperate attempt to forestall a commission initiative to introduce a
      FT  -  369 words
  • Page 7 Advertisements
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  • THE REGION
    • NOTE BOOK
      • 110 8 MALAYSIA'S trade surplus in January was M 5679.8 million (U*****.8 million), down M 5243.8 million (US$9O.3 million) from the previous year, according to figures released by the government yesterday. The figures represented a 26.4 per cent decrease from the M 5923.7 million (U*****.1 million) surplus marked
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      • 116 8 THE Khmer Rouge implicitly rebuffed Prince Norodom Sihanouk's latest peace plan for Cambodia by reiterating yesterday a demand for an interim government that would include its representatives. The demand came in a commentary of the clandestine radio, monitored in Bangkok, of the Marxist Khmer Rouge, the military
        116 words
    • 439 8 HONGKONG'S exports of electrical appliances plunged 42 per cent in January compared with the same month last year, the South China Morning Post reported on Tuesday. Exports of metal products and radios also suffered, with falls of 29 per cent and
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    • 378 8 AP PRESIDENT George Bush on Tuesday selected Richard L Armitage, a former Defence Department official and specialist on Asian affairs, to be US negotiator in long-delayed talks on the future of US military bases in the Philippines. US leases on Clark Air Base and Subic
      AP  -  378 words
    • 190 8 HONGKONG is the second biggest foreign investor in Indonesia with accumulated capital reaching U552.35 billion in 147 projects last year, according to figures from the Indonesian consulate in the territory. Second only to Japan in the foreign-investment league. Hongkong was ahead of West
      190 words
    • 171 8 AFP THE Philippine industrial sector loses as much as 100 million pesos (US$4.4 million) a day because of power failures, a business leader said in Manila yesterday. Raul Conception, head of a government-private sector coordinating committee on power, said blackouts would slow down the Philippines'
      AFP  -  171 words
    • 328 8 THE Thai Finance Ministry has raised the special investment budget for fiscal year 1991 by 29.4 per cent to 22 billion baht, Finance Minister Pramual Sabhavasu said on Monday. In his second press conference this month, the minister expressed confidence that a balanced
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    • 363 8 Reuter NEW ZEALAND'S newly deregulated television industry, which until last year offered only two state-owned channels, is set to grow rapidly but the small market could soon get overcrowded. Private channel TV3 Network, which broke Television New Zealand's monopoly last December, has
      Reuter  -  363 words
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  • Page 9 Advertisements
    • 46 9 usiness nines, »nui>ua> /\pm li. ivvu 4%A CHANGI. UTA, The French Airline, flies to Paris every Tuesday and Friday, non-stop. French cuisine, French wines, French stewardesses are all on board, so why wait 'till you get there? Now, Paris starts at Changi. UTA maai muhr 4
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  • THE WORLD 1
    • WORLD WATCH
      • 110 10 SOVIET FOREIGN MINISTER Eduard Shevardnadze has postponed his spring visit to Tokyo until December because of his busy schedule. The Soviet ambassador to Tokyo, Nikolai Soloviev, announced the postponement yesterday to the leader of the Japan Socialist Party (JSP), Takako Doi. Last September, Japanese
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      • 77 10 MONGOLIA has asked Japan for help in building a major copper refinery to earn foreign exchange and reduce its dependence on the Soviet trading bloc. A Japanese Foreign Ministry official in Tokyo said yesterday that because the Japanese government gave official aid only for basic human
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      • 51 10 CALIFORNIA has begun a multi-million-dollar anti-smoking advertising campaign that will be paid for by the smokers themselves through cigarette taxes. The sharp-edged, sometimes mocking advertisements will begin to appear in newspapers and on television and radio, one of the strongest blows in a nationwide anti-smoking
        51 words
      • 73 10 AID FOR ECONOMIC REFORMS in Eastern Europe will be debated at a meeting next month in Paris of the Organisation for Economic Cooperation and Development. OECD secretary general Jean-Claude Paye said in Paris on Tuesday, "We have been asked over the past months by
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      • 59 10 BULLISH FOREIUN SENTIMENT and a robust current account ensured a drainaiic turnaround in South Africa's balance of payments in the first two months ot this year. The Reserve Bank, South Africa's central bank, said in its latest quarterly report that net inflows ot foreign reserves for
        59 words
      • 67 10 Reuter DUTCH ELECTRONICS GIANI Philips plans to set up a joint venture in Poland to produce lighting equipment. Poland's official news PAP, said on Tuesday that N V Philips Gloeilampenfabrieken signed a letter of intent with a Polish company, Polam, which is based in the north-western
        Reuter  -  67 words
    • 328 10 AP SOME of the Japanese government's promises to make the economy more accessible to US companies face an uphill fight, and officials say it is hard to estimate how much the reforms will help trim a huge US trade deficit. "In the long
      AP  -  328 words
    • 92 10 NYT JAPANESE OFFICIALS have issued a set of basic guidelines to computer users nationwide just days before Friday the 13th the day on which "viruses" have been known to attack computer programs. The guidelines were announced on Tuesday by the Ministry of International Trade and
      NYT  -  92 words
    • 208 10 AP JAPAN'S rice market will become more efficient but will remain closed to virtually all imports under the goals of an annual report released on Tuesday by the Ministry of Agriculture, Forestry and Fisheries. The report also says domestic beef farmers will
      AP  -  208 words
    • 268 10 Reuter JAPANESE and South Korean companies arc hoping that instant noodles will soon join such staples as borscht and goulash on the dining tables of Eastern Europe and the Soviet Union. If successful, this would mark yet another conquest by a product dreamed up
      Reuter  -  268 words
    • 42 10 Mission control at the Kennedy Space Center froze the countdown clock and aborted the take-off four minutes before the scheduled launch of the US space shuttle Discovery on Tuesday owing to problems with the auxiliary' power units.
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    • 195 10 AP A JAPANESE-LED conglomerate is buying the posh Hotel des Indes, The Hague's foremost symbol of high-class Dutch hotel-keeping, the hotel's general manager confirmed on Tuesday. Saison Overseas BV, a Dutch-based holding company whose majority share is owned by the Saiso Group of Tokyo,
      AP  -  195 words
    • 513 11 AP US PRESIDENT George Bush has issued a fresh warning to Soviet President Mikhail Gorbachev to refrain from using force in Lithuania. But those words were coupled with praise for the Soviet leader's commitment to "peaceful change and the evolution of democracy". Mr Bush, on
      AP  -  513 words
    • 227 11 Reuter NEPALESE Foreign Minister Pasupati Rana has promised a free press in the Himalayan kingdom and has said a judicial committee will investigate "excesses" of the government. Speaking at a press conference in Kathmandu on Tuesday, he said: "The ban on all newspapers will be
      Reuter  -  227 words
    • 220 11 Reuter LECH WALESA, hero of Poland's arduous struggle towards democracy, has launched his long-awaited bid to claim the country's presidency. The Solidarity chairman confirmed in Warsaw on Tuesday that he would seek the post now held by General Wojciech Jaruzelski, who imposed martial law and
      Reuter  -  220 words
    • 43 11 Face to face with Soviet leader Mikhail Gorbachev (right) at the Kremlin, British Foreign Minister Douglas Hurd (left) was told on Tuesday that Lithuanians should play by Soviet rules if they wanted to secede from the Soviet Union.
      43 words
    • 104 11 AP THE European Commission is to allow the Italian government to pay nearly US$2.4 billion in aid to llva SpA, the state-owned steel company. The money will be used to reduce debts owed by Finsider SpA, Ilva's money-losing forerunner. The Commission said in Brussels
      AP  -  104 words
    • 270 11 Reuter CHINA slashed its imports by a fifth in the first quarter of this year, turning a trade deficit into a US$l.63 billion surplus, according to official figures released yesterday. Customs statistics quoted by the official China Daily showed that from January to
      Reuter  -  270 words
    • 209 11 Reuter THE ARMIES of Eastern Europe's newly independent nations are likely to start shopping in the world arms market, the head of France's restructured ordnance company Giat predicted on Tuesday. "The changes in the East show that concern for national independence is an
      Reuter  -  209 words
  • Page 10 Advertisements
    • 98 10 "'v.X t■.V V QOOD NEWS IHUFfLES FASZ. v •f\ V *V .K V /J* v 1 I f f .V 4 1 f V s*' ■> f\ For $30++, Chef Roland Mazere'S lunch buffets let you sample jhe finest perigordian cuisine at a price > v THAT'S LESS THAN A
      98 words
    • 224 10 EXECUTIVE OFFICER STRUCTURED/PROJECT FINANCE Expansion and success in the Structured/Project Finance Unit of a large and established foreign bank has created this position. The focus of this unit is on providing corporate clients with innovative financing products, limited recourse facilities and advisory roles for transactions' which tend to be greater
      224 words

  • Page 11 Advertisements
    • 455 11 gD you the only a revolutionary new braking system high-end thought more frightening than cars. It's called the Anti-Skid Braking System, or ABS, N 1 Sa. n yourself an and this is how it works. V\ that of bringing harm to someone else. Every time you apply the brakes, Nissans
      455 words

  • 482 12 EDITORIAL THE disturbing news is that India and Pakistan could go to war for the fourth time. Pakistan Prime Minister Benazir Bhutto's recent warcry to unleash a 1,000-year war over Kashmir was answered by Indian Prime Minister Vishwanath Pratap Singh, who warned that the Indian armed
    482 words
  • WHAT THE OTHERS SAY
    • 249 12 THE LATEST ROUND of pressure from America has prised open the Japanese markets a little wider. What kind of impact will the reforms have on the US trade deficit? There are those who think that a freer market will smooth out inefficiencies in Japan's economy and
      249 words
    • 130 12 NEPAL'S King Birendra has finally relented to the demands for political reforms. But what he would accept as a compromise and do to bring about change are still unclear and perhaps too early to tell. It would take considerable time to liberalise the country. But more
      130 words
    • 111 12 THE WORKING and living conditions of Thai workers in Singapore have nothing to do with their mysterious deaths of late. It is unfair to Singapore to make such a connection. By and large, their working conditions are satisfactory. Of course, there are employers a minority, we believe
      111 words
  • REGIONAL VIEWPOINTS
    • 97 12 TWENTY-SEVEN COMPANIES have committed themselves to selling a portion of their shares to cooperatives in a positive response to President Suharto's appeal to businessmen to help create a more equitable distribution of incomes through a corporate-equity sharing scheme. Companies should, however, realise that sharing a portion of
      97 words
    • 175 12 THE ADAGE has it that those who refuse to learn from history are bound to repeat its mistakes. Nepal's politicians seem unable to learn from current events. The response to demands for political reform from their citizens has ranged from mass arrests to ordering the army to
      175 words
    • 230 12 THE THREE-WEEK-LONG political deadlock in Israel seems to be coming to an end. The defection of former Likud Justice and Tourism Minister Avraham Sharir to the camp of Labour seems to be persuading the religious parties that Labour has the better chance of forming the
      230 words
  • 858 12  -  Should the US stay on in the Asia-Pacific region? Asad Latif looks at the latest round in the debate over the issue Asad Latif %Asad Latifis BT's Foreign Editor AS THE DEBATE over the US presence in Asia-Pacific waxes and wanes, it continues to weave
    858 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • 47 12 DOONESBURY A M,tS-IHISFOCP-MM>\ LBMMZS&.WHAT HAVE WU|^j I YEAH.POKXJRD&JVtFy GOT ThfffE> SAJ-FPEB, FAT-FRZZ, orw/y V& NA/W&DOONE&-1 50 OJhA7I? -E-L-\ GU&useBKE6QR VANS* QU&TmXF&Z, P&WW I BURY MIAvmjCP APART' I KJK POT HOUXFS BIKES 1 (j&AT'TPUKB 9J6AR FP&, AIAR-FRBB, I M&TT4&OKAY* THANKS 1 PINNtR* TO(XPfrSOVt6fOCmSi t O€MCALAPtmt-Ff&,^ TT) V J*"
      47 words

  • ANALYSIS
    • 909 13  -  Indecision plagues Moscow as deadline for an economic plan passes, reports Craig Whitney Craig Whitney NYT ON THE DAY he was to submit a package of "radical" economic proposals to Soviet President Mikhail Gorbachev, the deputy prime minister in charge of the programme was
      NYT  -  909 words
    • 1691 13  -  What do poll taxes, riots and the last straw have in common? Ray Heath finds out Ray Heath Ray Heath is Editor oj the London-based magazine Equity International, and writes occasionally for BT Rioting has a long tradition in the United Kingdom and one
      Source: Punch  -  1,691 words
  • Page 13 Advertisements
    • 366 13 It happens to all of us. We find ourselves unable to stimulate their genuine interest, whether speaking speak up when we really need to. We remain in the to one person or to a crowd. ranks of the "silent majority" the people who are Nql on y do lhese men
      366 words

  • FOCUS
    • 232 14 LOOI BOON BENG, creative director of Spenser/BBDO has been selected to sit on the panel of judges for the 1990 Creative Awards, the Hongkong ad industry's award night. He will join other well known names in international advertising on the panel such as Barry Owen from Ogilvy and
      232 words
    • 432 14  -  ADVERTISING MARKETING EDITED BY JEFFREY TSANG By Sangeeta Mulchand THANKS TO BENZENE, Ferrier has attained higher awareness levels in markets around the world than ever before. And thanks to that, it can expect to increase its worldwide following substantially, Perrier's regional chief Vincent Wan said confidently
      432 words
    • 188 14 SAATCHI Saatchi Advertising Singapore will have its work broadcast worldwide during "One World, One Voice", a two-hour musical spectacular aimed at raising awareness levels for environmental and other human welfare issues. The concert is expected to reach a television audience of 500 million,
      188 words
    • 147 14 EUROPEAN conference organiser, Expoconsult, will set up an office in Singapore by the end of the year, managing partner, Allard Hoogland told BT. The company, which was responsible for the three-day Food Ingredients Asia (FIA) conference and exhibition, plans to organise up to
      147 words
    • 434 14  -  MARKETING MATTERS By John Seifert %Mr Seifert, is country head and managing director, Ogilvy Mather Singapore AEROSOL cans, garbage bags and styrofoam containers: common everyday products that are causing an uncommon consumer outcry. These are just a few of the environmentally "unfriendly" products
      434 words
  • Page 14 Advertisements
    • 143 14 rJL he American Express® Corporate |<*n pib Jk: &£•.<*'&&-'| "^iCard has a new look. i^HK' A new look with the word '«&i^ "Corporate" prominently featured "'^^^inff^' :^ynn?ffiw^MMlßlMi^ *vdistinguishing you as a key business 'j| person. Because you've proven you have IIHH V v •.I^B^^^^M^BBfeife i --jagij^~ l J^ what takes
      143 words

  • SPORTS
    • 299 15 AP STEFFI GRAF felt fine and played even better on Tuesday when she ended a twomonth layoff from tennis with an impressive debut in the Bausch and Lomb Championships in Florida. The world's top-ranked player, sidelined since Feb 6 with a broken thumb, needed only
      AP  -  299 words
    • 484 15 AP PAYNE STEWART has not always liked what he has seen at Harbour Town Golf Links, but his perception of the golf course changed last year. The view from the top is always nice. In his second tournament on the course, Stewart
      AP  -  484 words
    • 286 15 AFP GANGLING fast bowler Curtly Ambrose destroyed England in Bridgetown, Barbados, on Tuesday at the end of a tense final day in the fourth Test increasingly soured by gamesmanship. West Indies won by 164 runs to square the series and must be favourites for the fifth
      AFP  -  286 words
    • 288 15 AFP WORLD NUMBER ONE Ivan Lendl ignored the cheers of local fans for his opponent, Japanese ace Shuzo Matsuoka, whom he blasted 6-4, 6-2 at the US$l.l5 million Japan Open in Tokyo yesterday. "I went into the game to win," said the
      AFP  -  288 words
    • SIDE LINES
      • 124 15 KEVIN McHALE had 24 points and 13 rebounds to led a balanced Boston attack and the Celtics continued their run at first place in the NBA's Atlantic Division by posting their fourth straight victory, a 112-96 decision over New Jersey. Reggie Lewis added 21 points, Larry
        124 words
      • 88 15 GARY LEEMAN, a 51 -goal scorer during the regular season, scored his first goal of the playoffs as the Toronto Maple Leafs beat the St Louis Blues 4-2 to remain alive in their Norris Division semi-final. The best-of-7 National Hockey League series moves back to St
        88 words
      • 106 15 JOSE CANSECO and Marie McGwire hit their first home runs of the season and Oakland stayed unbeaten, defeating Minnesota on Tuesday. The World Series champion Athletics defeated Minnesota for the sectond straight game. Winner Bob Welch (1-0) rebounded from Dan Gladden's leadoff home run and Dennis Eckersley
        106 words
      • 77 15 VETERAN HOOKER Philippe Dintrans will lead France against Romania next month in his last international rugby union appearance. The Paris-based rugby weekly Midi Olympique said on Tuesday that coach Jacques Fouroux had asked Dintrans, 33, to lead the French team against Romania in Auch on May
        77 words
      • 132 15 DENMARK won the European team badminton title for a record third successive time in Moscow on Tuesday. In a repeat of the final two years ago, the confident Danes thrashed Sweden 5-0. They experienced only a few moments of drama when Pernille Nedergaard was forced to
        132 words
  • Page 15 Advertisements
    • 271 15 To Succeed In Property Transactions, Here Are Four Points To Watch. Agency Services. We don't work tor our clients, but with them. This means understanding our clients' needs. Whether it be in sales, leasing, local or overseas investments or auctions. Our experienced team will continually provide sound advice to ensure
      271 words

  • Page 16 Advertisements
    • 252 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Didn't I see you at Scandals? Everv Thursday: Ladies Night Every Night: I he place to see and be seen. Scandals. Singapore's most sophisticated club ami meeting place. For details on membership, call 330
      252 words
    • 355 16 n IE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price! For staners, 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 your
      355 words
    • 274 16 First drink charge: Sun to Thurs $12++ Fri, Sat and Ewe of Public Holiday $15++ Happy Hours 6 Bpm: First drink charge inclusive of 2 drinks .SBff, Landmark Hotel presents HARLEQUINS will entertain !l you with a wide repertoire of musical mtk |H[ renditions in seven languages! IP®£"-■* LACHICA-GO, led
      274 words
    • 255 16 t kVi VCWt KUWiVWWrWMCIVV :>** EASTER FUN ICR THE FAMILY It's carnival time at Easter Funland Bring your children for fun and games, great food and prizes. It will be an eggstraordinary day! EASTER FUNLAND Mandarin Ballroom Sunday. April 15, "90 11.00 am to 3.00pm Adult: $40 nett. Child below
      255 words
  • Page 16 Miscellaneous
    • 681 16 TELEVISION AND RADIO nTI /4 V\n VIQ ***** IS !!»L*vtee oast epi Too sjs CHk>ytafHH. BUSINESS ON RADIO Wll UUUII dllU UallC i»22zl isSfs::r w bbc,.. Black Tide (See Our Choice). his old flame Valerie. Ricar- fi -mm**—* 7.10 am, 9.25 am, 1.30pm, 820 J pplau House: do Tubbs refuses
      681 words

  • LIFESTYLE
    • 1102 17  -  Frank Rich reviews Andrew Lloyd Webber's Aspects of Love, which opened recently at the Broadnurst in New York Frank Rich NYT Andrew Lloyd Webber, the composer who is second to none when writing musicals about cats, rollerskating trains and falling chandeliers, has made an earnest
      NYT  -  1,102 words
    • 269 17 SHATTER BQ)G THE CORRECT WAY to pronounce the first name of Fergje and Andy's new baby, Her Royal Highness Eugenie Victoria Helena, is U-jay-nay, says Buckingham Palace. People magazine says a telephone hotline set up by the British tabloid, the
      269 words
  • Page 17 Advertisements
    • 265 17 AND ENTERTAIN Spend An Eggceptional Easter With Us. Y/' V ...tf SET LUNt H \IS, BUFFET DINNER ihhh mm Jk 1,1 I fIV» CHILDREN I mm Jl SET DINNER Turn Easter into a weekend of non-stop eating. At Cafe-in-the-Park and Hubertus Grill. Freshly baked Easter goodies are also available at
      265 words
    • 75 17 [nsco ■restaurant Frisco offer the finest continental cuisine with coay, friendly ambience. EXCLUSIVE BUSINESS LUNCH 11.00 am to 2.30pm Set Lunch 0 $28.00++ per person (menu changes daily) ROMANTIC DINNER 6.00pm to 10.00pm Candle-light Set Dinner 9 $25.00++ per person HAPPY HOURS 3pm to 10.00pm All alcoholic beverages except wine
      75 words
    • 114 17 HiE CARLTON BRASSERIE AIMXSb MAKES GOOD BUSINESS SENSE. If you're looking for a superb lunch in a quiet, pleasant ambience, come for our Business Banquet. Begin with our appetizer buffet that includes fresh oysters, salmon and pate. Then choose from 4 main courses daily, with U.S. Beef Tenderloin and Prawns
      114 words
    • 421 17 The art of doing business. I Fourchettes Business Lunch. -< &5®H >yTsr<i v t'igYif«*a v At Fourchettes Grillroom, one of Singapore's finest business lunches awaits. The freshest oysters. Goose Rxllettes and other appetizers. Main courses from the Grill, or Roast US Prime Rib from the Carvrry. Accompanied by the most
      421 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4162 18  -  By Lim Mui Khi SHRUGGING off falls in Tokyo, investors picked up bargains on the local market yesterday and sent prices higher across the board. With attention again focused on Malaysian low-priced speculatives, trading was more active on the over-the-count-er market than the main
      4,162 words

  • 3912 19 Main Board DBS 1320 +40 +3.1% keppel C orpn 745 +25 +3.5% Sea V,e* 590 +25 +4.4% SIA '380 +20 +1.5% OCBC Foreign 1060 +20 +1.9% F&N 925 +20 +2.2% FELS 50* 605 20 3.4% Singmanne 50* 426 +16 +3.9% Jurong Ship 50" 775 +15
    3,912 words

  • BT SHARE INFORMATION SERVICE
    • 1309 20 Current Ex Books Date Total tec Total payment date close payable the year last year fcntek Eng 6%TE(I) Apr 11 Apr 17 Apr 28 6%Tl 6%TE Anno 151IE Fet> 28 Mar 12 May 15 25%TE 25%Tl BAT 909%(n) Apr 6 Apr 19 May 3 122 7%(n) 72% Boustead
      1,309 words
    • 75 20 C«mpjny Data Year Group Nat Nat aarniags Grass aan ta profit/lo«* (L) par share dividend ('000) (cants) Pacitic Chem Apr 4 Dec 89 M$484.490(MJ740.636) -(67) 50(30TE) D Kramat Apr 5 Jan 90 MJ7.533(MS4.001) 50(26) 44(34) Inch Kenneth Apr 6 Dec 89 MS3.153(J3,407) 76.4(82 6) 105(85) U01 Apr 6
      75 words
    • 229 20 Company Date Year Group pre-tax Nat earnings Gross ann to proflt/loss (L) per share dividend ('000) (cents) Muipha InO Apr 10 Dec 89 M$20.616L($3.165L) -<-) Tat Lee Bank Apr 7 Dec 89 $22.579c($14,675c> 14 4(86a) 8(65a) Jurone Eng Apr 6 Dec 89 $2,720l($5.049) -(15.1) 7.5(15) MBS Apr 5
      229 words
    • 525 20 Singapore Stocks Last Full Year Company Penod Date Year Net EPS Grow Net mouttd mine (c«b) <•» profit last year (TOOO) BMT Intenm ton 27 kin 90 1696 1000 516 Isetai Final Feb 28 No. 89 391 100 11.728 Marco Poto Final Mar 27 Dec 89 3.4711 leon(
      525 words
    • 48 20 Company Oat* Half-yMr Group pre-tax Interim «nn to profit/loss (L) divkdom COOO) TV3 Apr5 Feb 90 MJ16,467(M$13.742) 8(8) Fiber Merlin Mar 31 Dec 89 MJ7.055L ($22.3161) YTL Corpn Mar 31 Dec 89 MJ8.58KJ5.247) Emte* Mar 30 Dec 89 MJ4KJ523) Seal Inc Mar 30 Dec 89 M$5.892(J4,780)
      48 words
    • 704 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term for mm wiiity share Causeway Loan Causeway Wt 10.89 to 20/10/94 1 warrant plus SI cash or 1 warrant phn SI nominal amount of ban stock Chan Notes Chum Htf) Wt March 87 to 31/1? 91 1 55 warrants pius SI 55
      704 words
    • 330 20 Apr! 10 SincLand faces a paper loss of $21 million in its investment in a UK listed company Sing Land is the second largest shareholder, with a 14 9 per cent stake, in Rush Tompkins, a UK-based commercial developer and contractor whose share price had plunged to 63
      330 words
    • 335 20 Company Rights Issue MMB Of* tor tour (a M$? 40 per share Ex date Mar 8 Books close Mar 22 Acceptance t Payment May 10 C&C Two tor tree $210 per share Three warrants tor every 10 existing shares held at $048 per warrant Ei date Feb 7
      335 words
    • 358 20 British-American Tobacco Company (Singapore) Limited: 47th AGM at 57 Senoko Drive, Singapore on Thursday. Apr 12, at 11.30 am Bonvests Hokfrtgs Limited: EGM at 541, Orchard Road. #16-00, Liat Towers, Singapore 0923 on Monday, Apr 16, at 9.30 am. Pacific Chenicats Bhd: 21st AGM at the Regent IV
      358 words
    • 389 20 Company Rights Issue Apolo Onetor one SI 8"> per share Causeway kn Capital reduction scheme to reduce par value of shares from $1 00 to SO 60 Rights issue of 3 2 n SO GO per share f AC8 One knot* «<. MSO 50 pet share fiber Mcrfc
      389 words
  • Page 20 Advertisements
    • 396 20 uecwre Series K>t> \nves^ ent pattetie^'!J (a( i\ng 6*cra"9 e Nev Vor i *&£S& sst 2i -47 Ap^ TuesdaV- 0 7 .0O P 1^ 3 5.30 P m 10 S g T W s on NN3V 00 iBSASS^ w\ann 000^ \HST^ T£ te ch^ ol giCA £dm jsS on \s
      396 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3682 21 MBT Bernama SHARE PRICES on the Kuala Lumpur Stock Exchange closed broadly firmer on strong buying and followthrough support in moderate trading yesterday. Encouraged by the higher overnight Wall Street and early gains in Tokyo, dabblers in KL made their presence felt right from
      MBT; Bernama  -  3,682 words
  • Page 21 Advertisements
    • 212 21 NEW WORLD HARBOUR VIEW A deluxe class hotel set high atop l the Hong Kong Convention and Exhibition Centre. y Great Views Comfort Excellence S* A Glorious Beginning for the V demanding business traveller to mJBt j [M| AA relax m preparation for their day J A Rate is based
      212 words

  • TOKYO STOCK EXCHANGE
    • 2311 22 Reuter SHARES closed lower in Tokyo yesterday but were off their lows in thin trade as a yen decline against the dollar in the afternoon rattled nerves and triggered selling. Afternoon fluctuations were also attributed to option contract expiries on Thursday. There was a
      Reuter  -  2,311 words
  • STOCK EXCHANGE OF HONGKONG
    • 2569 22 SHARE PRICES closed firmer in Hongkong yesterday but brokers said there was generally little interest in trade ahead of the Easter holiday which starts on Friday. The Hang Seng index gained 17.65 points to 2,959.98 while the broader-based Hongkong index rose 11.49 to 1,945.89. "It's
      2,569 words

  • REGIONAL STOCK MARKETS
    • Elders IXL dominates Australian trading
      • 90 23 Close Previous Apr II Apr 10 SYDNEY All Ordinaries Index 1505.6 1,511.0 -5.4 All Industrials Index 2320.4 2,322.1 -1.7 All Resources Index 881.3 888.9 -7.6 Turnover (million) 74.26 62.18 +12.08 BANGKOK SET Index closed 842.13 Turnover (nearest '000) closed 9,280 JAKARTA Composite Index 634.70 632.09 2.61 Turnover (nearest'000) 2,750 2,880
        90 words
      • 347 23 la local currency In S$ la US$ da> S >ear day year day S jw Apr 9 Index change change change change change change Wor1d 410 9 -0.8 -11.6 -I.I -15.5 -1.3 -14.5 1EAFE 572.2 -0.8 -11.7 -1.8 -20.8 -2.0 1M7 -0 6 -3.5 -0.6 -3.4 -0.7 -2.3 Ewope q#,Q
        347 words
      • 1187 23 AUSTRALIAN shares closed weaker yesterday but were above their lows in a day dominated by trade in Elders IXL. The All Ordinaries index finished 5.4 points off at 1505.6, up from its low at 1502.7. "Overall it wasn't a bad performance given the weakness on Wall Street and the
        1,187 words
      • 419 23 PRICES on the Jakarta stock exchange ended mixed yesterday, with the index edging up 2.61 points to 634.70, and turnover slightly down to 2.75 million shares from the previous 2.88 million, the exchange said. United Tractors rose sharply to 38,000 rupiah from 34,000 on Tuesday's closing, with only 500
        419 words
      • 436 23 PHILIPPINE share prices closed strong across the board yesterday as bargainhunters and investors anticipating an improved market after the Easter holidays dominated trading. The Manila Stock Exchange composite index rose 15.90 to close at 1,094.54. The combined volume at the two bourses fell to 326.26 million shares worth 56.13
        436 words
      • 839 23 SHARE PRICES closed slightly higher in Seoul yesterday on a technical rebound from falls in the past three sessions but brokers said they did not expect a sudden turnaround in the market's trend. The composite index closed at 813.66, up 2.90 points from Tuesday's close of 810.76 which was
        839 words
      • 358 23 TAIWAN stocks closed slightly higher yesterday on the lowest turnover of the year as investors nervously kept out of the unstable market, dealers said. The weighted index rose 56.09 points, or 0.57 per cent, to end at 9,781.98. Turnover dropped to NT576.6 billion from 86 billion on Wednesday. Dealers
        358 words
      • 296 23 RECENT gains were pared by profittaking in leading stocks on the New Zealand share market yesterday, but turnover remained low. The Barclays index was estimated to have closed 27.94 points lower at 1,728.15, almost wiping out the gains of Monday and Tuesday. Wellington NZ Cents VoKXK)) Air NZ 175
        296 words
      • 701 23 THAI stocks moved slightly higher in thin trade yesterday, with moderate buying support in the real estate sector and profit-taking on speculative issues at the end of the session, brokers said. The official SET Index gained 2.67 points to finish at 844.80. Advances led gains 66 to 49. Most
        701 words
      • 29 23 THE Bombay Stock Exchange was closed yesterday to enable brokers to complete pending settlement work, exchange officials said. Trading will resume on Thursday for a brief one-hour session.
        29 words

  • WORLD STOCK MARKETS
    • Wall Street blue chips gain some ground
      • Article, Illustration
        1417 24 A SMATTERING of interest in some technology, financial service and consumer stocks helped US blue chips fight their way to a small closing gain on Tuesday. However, the broader market failed to keep up, stifled by investor wariness ahead of first quarter corporate results. "I think the crawl
        1,417 words
      • Article, Illustration
        786 24 SHARE PRICES fell on the London Stock Exchange at midday yesterday with investors reluctant to buy ahead of the four-day Easter weekend. Company reports indicating a weaker situation in the oil and real estate sectors also affected the market, traders said. At 1106 GMT, the Financial Times Stock Exchange
        786 words
      • 287 24 WEST GERMAN shares closed mixed in very thin trade yesterday, with most investors sidelined as the forthcoming Easter holidays took all impetus out of the market. "The market simply lacks drive," one dealer said. Dealers said volume remained low, as was the case earlier in the week. The market
        287 words
      • 265 24 DUTCH SHARES were mixed in quiet midday trading backed on the one hand by yesterday's higher Dutch bond market, but with a weaker dollar and a lack of activity ahead of the Easter break also weighing on stocks. "The interest issue has improved, but what is lacking here is
        265 words
      • 181 24 BELGIAN SHARES started moderate trading with more gains than losses yesterday as investors bought selected stocks but otherwise remained sidelined because of uncertainty over interest rates, dealers said. Most active stocks included holding company Societe Generale de Belgique, which is expected to announce a substantial rise in 1989 profit
        181 words
      • 158 24 MILAN share prices opened stable in fair volume yesterday ahead of today's closure of the April trading account, with stocks in the Carlo De Benedetti stable attracting investor interest, brokers said. The MIB Index was down 0.2 per cent at 0930 GMT after having ban unchanged at 0900 GMT.
        158 words
      • 164 24 THE PARIS CAC-40 Index hit a record high at midsession yesterday on fresh foreign buying that dealers said was spreading from blue chips like Suez, Lafarge and Peugeot to second tier stocks. The CAC-40 Index soared to 2,095.72 at 1137 GMT, up 20.30 [mints, against a previous ail-tirae high
        164 words
      • 286 24 SWISS SHARES traded mostly lower at midsession yesterday, dealers said. Attention centred on shares in Bank Leu and CS Holding. The all-share SPI Index was 1,072.2, marginally above the day's low, and 6.2 points under its previous close. The SMI Index of leading shares fell 11.7 points to 1,630.2.
        286 words
      • 343 24 JOHANNESBURG stocks were steady at opening levels in thin trading yesterday, as the gold price eased further to around US$374 an ounce levels, dealers said. Leaders continued to lose ground on the JSE on lack of direction and general lethargy ahead of the Easter holiday. Among the few gold
        343 words
      • 224 24 Stockholm Apr 10 kronor Alfa Laval B Free 212 -3 Asca B Free Astra Free 390 -7 Atlas Copco 100 unch Ericisson B Free 883 +3 Esab Free— 345 +10 S. E. Bankcn 72.50 Vt Sandvik B Free 275 -5 Skandia 170 -2 Skf B Free 150 +5 Volvo B
        224 words
      • 88 24 Clo*f Previous NEW YORK Dow Jones 2.731 08 2,722.07 +901 NYSE Financial 139.57 138 73 SAP 500 342.07 341.37 +0.70 Turnover (million) 136.0 114.9 +21.1 LONDON Financial Times 30 1,732.5 1.742.3 -9.8 FTSE 100 2,217.5 2.227.7 -102 Turnover (million) 367.6 304.6 6.3 AMSTERDAM CBS General 195.70 196 90 -120 BRUSSELS
        88 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1242 25 FOREX MARKET REPORTS THE US dollar, which lost nearly two pfennigs in New York on Tuesday, recovered some ground yesterday. At midsession in London yesterday, the US dollar had firmed to 1.6760 marks, up from a low of 1.6685
      1,242 words
    • 391 25 Cross rates Apr 11 I USS SS MS Dm Yen SFr AS NZS USS 1.8780 2.7290 1.6720 157.60 0.6086 1.4820 1.3106 1.7271 SS 0.5325 1.4531 0.8903 0.8392 0.3241 0.7891 0.6979 0.9197 MS 0.3664 68.82 0.6127 0.5775 0.2230 0.5431 0.4803 0.6329 Dm 0.5981 1.1232 1.6322 94.26 0.3640 0.8864
      391 words
    • 572 25 Interbank rates S$ Bid Offer Overnight 6 1/8 6 1/4 1-month 6 5/16 6 7/16 2-month 6 3/8 6 1/2 3-month 6 7/16 6 9/16 Overnight mode: 6-5/16 US$ Bid Offer 7 days 8 5/16 8 7/16 1 month 8 5/16 8 7/16 2 months 8 5/16 8
      572 words
    • 351 25 Reuter CANADIAN dollar futures, buoyed firmly by Bank of Canada, are likely to sail untroubled through a stormy Canadian constitutional debate, holding firm after the nearby contract set new highs on Monday, analysts said. To date, worried investors have demanded higher
      Reuter  -  351 words
    • 1376 25 EURODOLLAR 1 Open High Low Sett Est Vol Op/lnt Vol Jun 90 91.46 91.48 91.45 91.47 3244 ***** 1310 Sep 90 91.38 91.39 91.37 91.39 1702 5462 643 Dec 90 91.17 91.19 91.17 91.19 709 2615 46 Mar 91 91 04 91.07 91 04 91.07 51
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  • COMMODITIES
    • 394 26 AFP BASE metal prices should settle at attractive levels for producers in the early *****, as structural changes in the industry in the last decade have left it well positioned for the next. Analysts at Shearson Lehman Hutton made the forecast in the introduction to
      AFP  -  394 words
    • 181 26 Reuter MALAYSIAN and Thai natural rubber output may be hit by the prolonged drought in the two countries, the Malaysian Rubber Exchange and Licensing Board (MRELB) said. The drought, which has lasted three months from January, will cause a more severe wintering than
      Reuter  -  181 words
    • 164 26 Reuter CHINA'S production of natural rubber was 240,000 tonnes in 1989, the same as in 1988, the official People's Daily reported. This year's output target was 260,000 tonnes, the Chinese paper said, quoting the Chinese Agriculture Ministry. The ministry gave no reason for the failure to
      Reuter  -  164 words
    • 864 26 REPORTS HONGKONG: Gold closed easier on Japanese selling in lacklustre trade but buying on dips pulled the metal off its intra-day low late in the day. "Participants lacked trading interest in the absence of market-moving factors," one dealers said. Dealers said they expected gold
      864 words
    • 1453 26 Rubber A Pf 11 j HAS (Mi in Njg) S eents/kg Noon Close Int I RSS Prompt I5400/I5500N 154.75/155.75 Int I RSS May 90 157.00/157 50 157.75/158 25 Inl I RSS June I58.2VI5875 *****/159 50 Int 2 RSS OP 152 00/154.00N 152.75/154.75N Int 3 RSS OP 146 50/148 50N
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  • Page 26 Advertisements
    • 1447 26 NOTICES UNITED INDUSTRIAL CORPORATION LTD (Incorporated In the Republic of Singapore) LOST SHARE CERTIFICATES Applications have been made to the directors ot the abovenamed company to laaue duplicate share certificates In place of the following share certificates which have been reported lost or destroyed: Certificate Noe. Name Mo. of sfcaree
      1,447 words
    • 15 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words

  • 944 27 City Flight ETA Flight ETD City Flight ETA Flight ETD AQQ ooc K 7ft4n 91 is MH630 0930 SQ104 0830 Abo Dhabi GA887 225 KL840 2M5 3 MH606 0940 MH605 1020 SQ106 1045 KL839 1415 so 105 1050 SQ108 1145 Adelaide SQ228 2015 UF82 2200 SQ107
    944 words
  • THE TRAVEL PAGE
    • 535 27  -  LETTER FROM FRANKFURT By Richard E Smith Berlin, a hopeful symbol for many of a new era of German unity, may soon strip Bonn of its role as political capital but Frankfurt seems serenely self-confident that it will remain the country's financial centre.
      535 words
    • 153 27 As at 3pm yesterday: Ixjcal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4280 1.4480 Canadian dollar 1.600 1.6200 NZ dollar 1.*****1.***** Sterling pound 3 0700 3 0900 US dollar 1.8730 1.8830 lixil dollars to 100 units of foreign currency Austrian schilling 15.50
      153 words
    • 81 27 Duration Tillc Venue Organiser Tel Apr 5-23 International Buenos Aires Exhibition Buenos Aires Fundacion El Libra (54)1/*****65 Apr 17-22 International Days of Tourism Zagreb. Yugoslavia Zagrebacii Vclesajam (38)41/*****6 Apr 18-21 Home and Environmental Technology Fair Vienna Wiener Mcssen und Congress GmbH (43) 222/*****4-0 Duration Title Venue Organiser
      81 words
  • Page 27 Advertisements
    • 65 27 T The bujinew pcrion'i choice every Tuesday, m I a %IV I Thursday, Saturday and Sunday. Leaving Changi I I II I I V I Airport at 21:55 houn and arriving at Logan I 1% Ma j I MI International Airport the folio* ing day. Call your travel agent or
      65 words
    • 47 27 Dlfrfil fdil\j 35 culinary gems, uncovered from six major MIL) provinces of China. Authentic treasures from 35th floor Jiangsu, Beijing, Yunnan, Sichuan, Guangdong and Shanghai. In a sumptuous buffet lunch. Only at the Pine Court Adult: $26++, Child below 10: $14++. From April I—3o, noon to 2.30pm.
      47 words
  • Page 27 Miscellaneous
    • 277 27 ACROSS 1 They bring food, leaving one speechless (4-7) P j P I P I P 10 Driven round a Wild West show M M H 8 9 11 Tried to break the camel's 16 back in a way and sueceeded iHb"""" 12 To develop is tearing me 13 Opera
      277 words
    • 227 27 Singapore OUTLOOK: Showers over many areas in the afternoon. Report for 24 Hour prior to 7.30pm on Apr 11 at the airport: Max temp 32.8 Assoc humidity 67 Min temp 25J Assoc humidity Hrs of sunshine 5.70 Rainfall in nun trace Rainfall this mth 33.2 J Rainy days this mth
      227 words
    • 38 27 ST\U_ ru-TeLLYouToroofceow U>+=>J CONGRf\TouMoNS,rn«. €>R\STooO\ UNpeRSTpsND WOu) TW£ R£ Pu^V NOO£ PiFTH CONSeCUTiVC. I rruSSGD THPTT VON ViDGO Desk: top Foo"Tg>ru. titu£.. 1 1 y U you toeee J -t-ir-C EVE NINO STANDARD CO. LTD., IM2-IMO for-L 0146
      38 words

  • 449 28  -  By Rosie Tan and Lilian Ang BERGER, the paints and coatings specialist with roots in the English firm of Lewis Berger Sons, is shifting its headquarters from London to Singapore to capitalise on the high growth potential of the Pacific Rim. In what is
    449 words
  • 374 28  -  From Loh Hui Yin in TAIPEI USING Singapore as a regional base and setting up a fund to invest in the Asean countries are how some Taiwan entrepreneurs think they can broaden their activities in South-east Asia. The 54 businessmen, mostly in their early
    374 words
  • 219 28 AFP FORMER US defence secretary Caspar Weinberger says Soviet leader Mikhail Gorbachev has too many enemies within the system and will probably not be in power by December. The model for what might happen in the crisis-torn Soviet Union was not Eastern Europe,
    AFP  -  219 words
  • 620 28  -  The Bottom Line CATHERINE ONG CATHERINE ONG Catherine Ong is BT's Hongkong Correspondent This is a strange world. In Singapore, a senior banker ruins his entire career by lying to the securities regulator. In Hongkong, insider traders get away with
    620 words
  • Page 28 Advertisements
    • 89 28 sflcchi®) (ienuine Leather Collection o \i f »Hi ill ;!rp JI! m y l W' (SERRUTIIBBIITUM3S) LADIES' BOUTIQUE JUyiTUOH fcHCJAJ #02-61 Wisma Atria, Orchard Road Tel 7H 1886 MEN S BOUTIQUES g3UyiTUOB ?MMA #01-15 The Pardon. Orchard Road Tel 2*5 %55 #02-54/60 Wtsma Atria. Orchard Road Tel: 7M 9J60 #01-45
      89 words
    • 102 28 Genuine Leather Collection Bush repeats warning on Lithuania, Pg 11 YOUR WINDOW TO AN EXCLUSIVE LIFESTYLE k hßf Water The Key To Life Images of life giving water in its many forms. 1 —y*~l What On Earth Can We Do? I- 8 "B 3'm j The Bodyshop is one of
      102 words

  • SHIPPING TIMES
    • PORTSIDES
      • 84 29 AFP JAPANESE HARBOUR WORKERS yesterday called off their planned half-day strike and indefinite boycott of container cargoes after reaching agreement with the port management authorities on wage increases and working conditions, union leaders said. The agreement was reached at a meeting between the 30,000-member Japan Council
        AFP  -  84 words
      • 69 29 Reuter DANISH SHIPYARD OWNER Burmeister Wain Holding A/S plans to seek listing on the Copenhagen and Oslo stock markets this spring. The company said the listing would coincide with the issue of 500,000 shares with a face value of 100 Danish crowns at the end
        Reuter  -  69 words
      • 102 29 AP THE GDANSK SHIPYARD where the Solidarity trade union was founded will be sold to shareholders under new rules for creating private firms from state-owned enterprises, workers were told on Tuesday. The shares will be sold to the public for 10,000 zlotys (US$l.O5) each, with
        AP  -  102 words
      • 141 29 AP AN INTER-ISLAND passenger ship with more than 600 people aboard ran aground off Palawan island after the captain reported the vesel was sinking, the Philippine coast guard said yesterday. The 1,500-ton vessel, Palawan Princess, was owned by Sulpicio Lines, whose ships have been involved in
        AP  -  141 words
      • 74 29 AFP FIREMEN HAVE RETRIEVED 133 bodies from the wreck of the Scandinavian Star ferry, bringing to 208 the still incomplete death toll in the fire which swept through the ship on Saturday, the fire service said on Tuesday. The other 75 who perished
        AFP  -  74 words
    • 141 29 Reuter THE UNITED NATIONS on Tuesday honoured a Danish shipping company, the Maersk Line, saying its ships had rescued some 7,000 Vietnamese boat people in distress at sea over the past 15 years. UN High Commissioner for Refugees (UNHCR) Thorvald Stoltenberg presented
      Reuter  -  141 words
    • 278 29 THAILAND'S six labour unions under the Port Authority of Thailand will meet the government on April 16 to negotiate a compromise on operating Laem Chabang deep-sea port. The government team will be led by Deputy Prime Minister General Thienchai Sirisamphan.
      278 words
    • 924 29 Poo* Column ABC Containerize Thirteen S Accord Shpg Ten 3-5 Albotros Sea-Air Seven 5 APC line Eight I API Five 3-5 Arrow lines Nine 5 Aston Express Six 4/5 ANl Three 1/2 ASCI Five I Avant Shpg line Six 2/3 Bolt Canada line Eleven 4/5 Bolt Orient
      924 words
    • 408 29  -  By JEAN FOONG SINGAPORE'S Eagle Liner Shipping Agencies has tied up with the Hongkong operator of a Singapore-Manila shuttle service, which will be upgraded this month. This is Eagle s first direct involvement in a shipping service since the company
      408 words
    • 373 29  -  By DEXTER LEE TWO VESSELS, the Sea Dragon and the Sunrise, have become the latest victims of armed robbery in regional waters. The masters of both ships said armed robbers boarded their vessels in international waters and escaped
      373 words
    • 237 29  -  By JEAN FOONG THE SINGAPORE National Shipping Association (SNSA) of Accredited Shipping Agents has launched two new courses on container management and marine insurance. These courses, which started earlier this month, are being conducted at the Singapore Port Institute. They comprise six lectures,
      237 words
    • 980 30 NYT CONOCO INC. a large American oil company, said on Tuesday that it was ordering two new oil tankers designed to reduce the likelihood of oil spills like that of the Exxon Valdez last year. The Conoco move represents a break with the stance of most
      NYT  -  980 words
    • 784 30 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
      784 words
    • Ships in Port
      • 2206 30 AT CONVENTIONAL WHARVES f"ily Mohkoto Exp 9007 *****0 M4A M38 1204/0800 1204/ 1000 12 04/ 2300 1204/ 1800 Mondotoy 32 M38 1204/ 1815 1204/ 23S9 VmmI Voy No m 1 < i Dapartura She'o'on 0490 M46 1204/ oeoo 1304/ 1500 Jurong Port 12 04/ 2300 Abodi Joyo jt alongside
        2,206 words
      • 309 30 Port Klang South Port Alam Aman berth 3; Sri Arika berth 4; Melaka Jaya berth 5; New Line No 1 berth 7A KCT: Eagle Dwan berth 8 North Port Pravdinsk berth 11; Mulpha Taiping berth 12; Tuhobic berth 13; Kohfu Maru berth 14; Kai Heng berth 16; Haewoo No
        309 words
    • 9519 36 AARHUS Nad Oaltt. ScanOutch April 12 Arild. Maersk Lina, April 12 Norasla Susan. SeaLand/Noraaia. April 13. Ming Sun. Yang Ming Lina. April 14. Tokyo Bay. Trlot. April 16 Nihon. ScanOutch. April 16 Villa da Marcura. CM O'Abatement. April 16 S Panjang. Djasagetri
      9,519 words
    • 313 42 Lloyd's List LEADING Japanese shipbuilding group Kawasaki Heavy Industries plans to resume the construction of merchant ships at its Kobe shipyard for the first time in four years. This summer it will begin building two liquefied petroleum gas carriers, each
      Lloyd's List  -  313 words
    • 289 42 Tokio Marine Fire to score a first with Hungarian deal TOKIO MARINE Fire Insurance Co will become the first Japanese insurance or financial company to enter an East European country on a full scale under a recent agreement reached with a Hungarian state-run insurance company. According to the agreement, which
      289 words
    • 389 42 Feb 6-Apr 20 SFFA Standard Trading Conditions glvaa an overall perspective of these conditions, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, tel no *****45 Feb 7-Jun 6 Sea Transport covers transport geography, liner and tramp shipping, conducted by
      389 words
    • 657 42 FT THE LOSS of the Danish ferry Scandinavian Star has lent weight to a longstanding campaign by maritime trade unions for a ban on the use of flags of convenience by passenger ships But as the official inquiry into the disaster
      FT  -  657 words
  • Page 29 Advertisements
    • 56 29 How to look after Available weakly at major STP Distributors bookshops and news-stands Are flag of convenience ships unsafe? BACK PAGE Lines and services represented by Members of the Registry of Accredited [fBpSwM Shipping Agents. Singapore National VvKSw// Shipping Association. For advertising and circulation enquiries, please call Business Times, Tel:
      56 words
    • 174 29 ■IgkL-JH A lively Sway with WW jmg- AMtoM good bookthop* i F*d«ra< PubMcattom SINGAPORE BUSINESS/SAMSONITE SUBSCRIPTION PROMOTION THIS MONTH'S LUCKY DRAW PRIZE Pieces of^Samsonite 12 issues of Singapore Business 5548.00 12 issues of Singapore Business *East Malaysia *****.00 tgisleted second I •Overseas -5594.00 'NOTE: Oversea subscription includes J yearbook 90.
      174 words
    • 152 29 INSIDE Double hulls for Conoco CONOCO INC. a large American oil company, said on Tuesday that it was ordering two new oil tankers designed to reduce the likelihood of oil spills like that of the Exxon Vatdez last year. The Conoco move represents a break with the stance of most
      152 words

  • Page 30 Advertisements
    • 75 30 TO ALL OUR VALUED CUSTOMERS RIIS Shipping A/S Svendborg is a very specialised carrier for class one and any project cargoes. Having a total of 6 self-substained vessel (average, two years old each vessel). We can accept cargo to almost any destinations. For more details, please feel free to contact:Mr.
      75 words

  • Page 31 Advertisements
    • 2295 31 —r™" JARDINI SNIPfING AGENCIES %MummM 200 Cantonment Road #1205 Southpoint. Sinppore 0208 Alllf/ 221 ml telex ■VCTmVB TERMINAL T«t *****18 220 If BAAflr| bookings t«« *****34 23s L. \Ww A PESAKA JAROINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 TELEX NO MA*****/MA3S7OI SnLS PENANG TEL *****4 TELEX NO MA*****
      2,295 words
    • 986 31 London Freights J DRY CARGO freight rates showed conflicting trends on Tuesday with a firmer fixture in the Atlantic and weakening prices in the Pacific. A heavy grain fixture from the US North Pacific range to South Korea was reported at U5512.50 and the rate for the US North Pacific/Japan
      986 words
    • 2149 31 VMHI Voy ETA I ETD 'Port 'Penang DESTINATIONS Singapore Kelang Th,« MM M CMMing Time Fm<M' trT~~K^E CY 17/4 MOO MRS M Farco A CFS I*4 1600 HAS M Tauro OAK IG6 MOO MEM ATL MIA CHS BAL PHL NYC MOM "OH MATMtIDE M 9004 17/4 18/4 12/4 114/4 5*
      2,149 words

  • Page 32 Advertisements
    • 1193 32 m »gc r—i ROTTEROAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKYO BAY 97/542 18/4 3/5 5/5 7/5 8/5 10/5 HEIDELBERG EXPRESS 0«/54« 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 7/5 13/5 LARGS BAY 20/549 25/4 27/4 15/5
      1,193 words
    • 607 32 —1 SOUTH PACIFIC SERVICE SIN POH 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 Aaents G&I&HAfiMI SINGAPORE: *****00 BOOKINGS: *****06 VS. JAYA: 03-*****25 JOHORE: 07-*****2 A PENANG: 04-*****7 NORTHBOUND TO UKC S TORE ROM/A DAM
      607 words
    • 1498 32 KJJ snmsußMik MR REGULAR INP€PENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALG) NMQ ROT) NORASIA SUSAN 9006-3 13/04 17/04 29/04 04/05 06 05 06/05 10/05 11 05 12/05 13 05 14/06 ARABIAN SEA 007W 20/04
      1,498 words

  • Page 33 Advertisements
    • 1568 33 Steamers Maritime Holdings Ltd] PJ?,n I MTV STRAITS SHIPPING! A OuVJ j 9mmm t* BpmmL East Malaysia, I iMkContainers miF"-"*™-Spare PKlang S tan Mburg »'heven R'iaei le* ACCEPTS DUE SAILS I TOKYO MV IMM M/ 05 07« 0M» WO5 CARGO I HCIKLKK EXPRESS 11/04 2" {j£ RAJAH BROOKE VOSt Mw».
      1,568 words
    • 1717 33 TO: EUROPE TO: FAR EAST SP LH ROM HAM BRE FIX SWRt HK KAO BU CHOYANC SUCCESS OMW 14/4 2/5 3/5 4/5 W f CMOYANC CMANCE 04M 12/4 1W MR X/ 4 HAN JIN TONCHAE 073W 21/4 5/5 10/5 11/5 13/5 14/5 QUEENSWAY BRIDGE 013E 16/4 I*4 2W 2*4 HANJIN
      1,717 words
    • 378 33 I STRAITS/ JAPAN/ STRAUS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I VESSEL AMBALIKA ASEAN ASIAN I TRADER STAR |VOY NO 54 1 112 I S'pore 13/4 26/4 30/4 I P. Kelang 29/4 2/5 I Penang I Hong Kong Yokohama 14/5 19/5 20/5 I Nagoya 10/5 17/5 I Osaka 4/5
      378 words

  • Page 34 Advertisements
    • 656 34 ttaa-ta DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD F T. BESUHI LLOYD P.T SAMUDERA IHOONESIA P.T. TRIKORALLOYD CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOY SPORE R OAM/ H'BURG BREMEN ANTWERP AOAM S PANJANC/25W8 17 20/4 14/5 18/5 22/5 25/5 MATARAM/2MKB 30/4- 2/5 5/6 10/6 2/6 15/6 BAAB ULLAH
      656 words
    • 827 34 (3\ HANJIN SHIPPING Yy FULL CONTAINER SERVICE CHOYANG SUCCESS 008W VT l SSSFiS IB Eg HANJIN TONG HAE 073W 21/4 9(5 10(5 11/5 13/5 14/5 ?V»!SFSL iSi u mJ2 HANJIN ROTTERDAM 008W 28,4 16/5 17/5 18/5 20/5 21/5 HANJIN LE HARVE 006E 23/4 H. CHEJU 060E 18/5 20/5 CHOYANG CHANCE
      827 words
    • 62 34 TRI-CEL FREIGHT SERVICES PTE LTD 34A, Tanjong Pagar Road Tel: *****02/*****11 Fax: *****54 Tlx: RS ***** Contr Vessel SIN Loading for F.S. SHAN 29/4 Jeddah. Limassol, Mersm FY. SHAN 09/5 Alexandria, Tripoli/Lebanon F.Y. SHAN 29/5 Beirut, Lattakia. Piraeus L SHAN 10/5 Lagos, Matadi LEUYE/9122 17/1 Madras EXPRESS CONVENTIONAL SERVICE Vessel
      62 words
    • 1560 34 i -J T I PKLSCP HKG KSCKLCPUSNKTOSKTYO OAL LHVMiI ROMFUHOC» I EVER CD ACE 1/4 13/4 21/4 I*4 TM 21/4 2M »4 3/5 21/5 M M 1M 11* LM 1/7 EVER CLEAMY 14/4 17/4 25/4 21/4 27/4 W* 1/5 4/5 7/5 1/4 10/4 12* 1* Hi W EVER GROWTH 73/4
      1,560 words

  • Page 35 Advertisements
    • 1320 35 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSSf ml PIL Building, 140 Cecil Street *0300. Singapore 0106. I JAKARTA J I BANGKOK "1 VESSEL VOY SIN J'KT SIN VESSEL VOY SIN BKK SIN DELTA MAS IMS 19/4 It/4 22/4 KOTA NAOA 01 AH 13/4 IS/4 21/4 GOWA S9SB 17/4 IS/4 KOTA JADE
      1,320 words
    • 1095 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT SB VESSEL VOY SP PK STON HAM BHAVEN RDAM HAVRE Tokyo Bay 97/542 16/4 3/5 7/5 5/5 Heidelberg Exp 06/546 17/4 19/4 8/5 11/5 12/5 9/5 13/5
      1,095 words
    • 496 35 MYANMA Ipßßk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P Kelang Penang Bangkok HPAAN VI«W 7/14 Aar PAGAN VISSW Z3/2S AW PATNEIN ¥101 24,10 APR MYOMAYWA V 126 2V2» APR NERCUI V* 15/20 MAY THE BANK LINE (A tervice of Andrew Weir Shipping) \Vr SEMI-CONTAINER SERVICE
      496 words

  • Page 36 Advertisements
    • 543 36 (OlßiHiHl IRANIAN SERVICE Singapore Loading for:A VSI MID Banda Abbas (National Una Of Maxlca) U.S. WEST COAST/MEXICO/CENTML AMERICA CONTAINER SERVICE HKG LB ENStNAOA L CARMNAS S.CRUZ MANZANILLO MTAL ¥24 M 2/5 13,5 OAXACA *11 W iji W itfi m 25,5 MORtLOS VU 27/4 22,5 24,5 21/5 30/5 2 6 COLIHA
      543 words
    • 366 36 JkHYUNDAI MERCHANT MARINE CO. LTD, EASTBOUNO TO USA WESTBOUND FROM USA TO PSW SIN HUG IBH OAK SEA FROM PSW LBH OAK SCA HKC SIN HYUNDAI PIONEER 31E 13/04 1904 0705 1(M» 13/05 HYUNDAI EXPLORER 29* 12/03 15/03 11/03 05/04 12/04 LALANDIA 31E 20/04 21/04 1405 17/05 20/05 HYUNDAI COMMANDER
      366 words
    • 284 36 CCNI# Compartta Chikna d( Navigation Interoceanica S.A. TO SOUTH PACIFIC PORTS SIN POM LAE SUV PPT T.B.N. 25/4 4/5 7/5 13/5 19/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP jT.B.N. 25/4 1/6 2/6 5/6 AGENTS B BORNEO SHIPPING PTE LTD MAS BULDMG fl &43A7 10 SHENTON WAY, STORE 0207 linTTfchlll
      284 words

  • Page 37 Advertisements
    • 870 37 HSE= InterCoa M \miiMi Pit; i.in FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —22/4 TOKYO —19/4 LE HAVRE —16/4 LAUTOKA —26/4 KEELUNG —22/4 YOKOHAMA —19/4 ROTTERDAM —16/4 SUVA —26/4 MANILA —20/4 KOBE —19/4 UK PORTS —16/4 BANGKOK —22/4 amctda.lA HAMBURG —16/4 EAST AFRICA BUSAN -21/4 ypi ROIJRNF 17/4
      870 words
    • 691 37 3Nedlloyd WE GIVE YOU THE WORLD M^Ufi Nedlloyd Lines I HEW ZEALAND/FUI A I m 7% *B" 5n Auckland FjJKA) N Plymouth A) T«*ru LfMt*!) o=p*i) **r MlHtfMtf) T|«np iBS 8» Sg SB 31 SI 1 A 5 4 I I W p'&mer,„ C,A Be fSL to ffi WT Al
      691 words

  • Page 38 Advertisements
    • 1102 38 lUiSiill! VOY *INDO 'PK/PNG SGP LB CHIS NFK NYC HFX OOCL FREEDOM 30 9/4 10/4 12/4 5/5 W 17/5 11/5 73/5 OOCL FAITH 19 72/4 71/4 19/4 12/5 22/5 24/5 2«/5 30/5 OOCL FRIENDSHIP 19 23/4 24/4 »/4 19/5 79/5 31/5 2/1 6/6 NEPTUNE JADE 24 30/4 1/5 3/5 76/5
      1,102 words
    • 693 38 lfcJ hav\ 4 1« fMvt BOOKING CONTACT yriji 14/05/90 (10AY L» PORT KELANG PENANG BANGKOK VICTOR TWICE/WKLY BOOKING CONTACT w 15/W^0 N HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY JET TWICE/WKLY S BUSAN MANILA NAGOYA SERENE/SITI TWICE/WKLY ETD SIN <8 DAYS) P MVS) ♦< 1 WV TrtKvn BOOMTCXONTACT ~~1 17/04/90 KOBE OSAKA
      693 words
    • 319 38 Continental Pacific TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FO« ARTEMISION SM SETE/RDM/ANT/FtUfUK BYRON V In Pt 22/4 SETE/RDM/ANT/FLU/U* ARBELA IV SM SETE/RDM/ANT fFLU/UK Lo*h Satoh/lndonMU MULTIPORT A6ENCIES (S) /ON PTE. LTD. I W Y ll *****77 FAX: *****31 \Jfy >JL MULTIPOWT SOW BHD TEL: 3M2MS TLX:
      319 words
    • 590 38 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 3, Tatak Avar Strort SINGAPORE 0104 1 TEL ***** M (M LINES) Fu: S3CSO4 STRAITS/PERSIAN GULF SERVICE: S port P. K«tMf PWM| GOLDEN HAVEN CotonfttfKjradM/Dutai I*2l Apr OOLDEN BEAR C«fc>moo-J-**, Out» Apr CHINA S£RVtCE YU QINC Hutmu Sh*n(h» IVI4 Apr DAI YUN SHAN
      590 words

  • Page 39 Advertisements
    • 1599 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 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 ■I PKU SUP MOTHER VSL/VOV 9GP LEH FU RDM HAM MOTH
      1,599 words
    • 1080 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 220K 1/2 Cable Address SINSOV SINGAPORE Telex Numbers RS *****JRS ***** RS ***** ■ton HA I TNOMC SHIPPING tf; PmncStrwi. Ptntnt JJS NAMOUM6 SYSTEM COMW tt&ssusm- sfrsas-" T?03 R 3D*»l3rT«tw
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  • Page 40 Advertisements
    • 737 40 DSR LINES VEB DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT RDM HBG RST RUEBELANO 2/90 14/oT 30/04 10/05 10/05 12/05 13/05 N. ULBRICHT 4/90 01/05 15/05 24/05 24/05 26/05 27/05 T. WEN OA 5W 23/oT 07/06 16/06 16/06
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    • 1196 40 vkc comnomoHAt «mvic» Vessel P KLG PNC P G Loading tor TONGCHUAN 30/3 Rotterdam/An twerp YANCCHUAN 21/4 Rotterdam, Antwerp CHINA rvu. CONTAIN** —VICT Vessel PKL PNC SPORE BKK HKC SHA QIN LVC WEI HE 50 27/3 25/3 31/3 6/4 10/4 YANC FANC KOU 125 31/3 21/3 5/4 11/4 10/4 20/4
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    • 277 40 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU vsl eta eto loading for DELI INOAH In Port 14.4.90 PK BALAM NAGA JAYA 13.4 90 15.4.90 PANJANG LAMPUNG JAYA 19 490 21.4.90 PANJANG PINANG JAYA In PORT 16.4.90 PANJANG/PK. BALAM PERITA JAYA IN PORT 13.4.90 PANJANG/JAKARTA ABACI JAYA
      277 words
    • 541 40 V POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 26/4, 2/5, 12/5, 18/5, 23/5, 29/5 1 EUROPE ~1 :To all inland points: VIA
      541 words
    • 496 40 ASEAN PORTS 5 Ngow Hock A p^ Co Ltd BKK < ?*****0) MEKHANIK KURAKO 04W Fri I 13/4 Man 10/4 piya muM aow s*t I*l* tm vh r CHAIYA BHUM 0«W Sun 15/4 10/4 'Z JIM BHUIT 04W Tm 17/4 Fri W MAMA BHUM 05* U/4 Sat 21/4 SHI HUM
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  • Page 41 Advertisements
    • 1124 41 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTG A VSL 16/4 23/4 A VSL 21/4 27/4 A VSL 24/4 30/4 (Conventional Service) ETA S PORE LOADING FOR BANGLAR PROGOTI 14/4 S.KOREA/JAPAN BANGLAR MAYA 13/4 CTG/MONGLA ETA S PORE LOADING FOR A VSL 15/< P» rt Suez/Port Said/Alexandra EAST MALAYSIA
      1,124 words
    • 200 41 ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FO« SPORE ANCHNET IMB OM6 DARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA HOPE IP AH ABYOT JIWB IVOe DARESSALAAM MOMBASA OJIBOUTI ASSAB MASSAWA HOOEIOAM H KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel
      200 words
    • 607 41 toa|j-P.T. MASKAPAI PELAYARAN I PapULAU LAUT I E FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG. PNG AND, BKK. FOR BOOKINGS CALL SPCCARGO FORWARDING AT TEL: *****55 1 SINGAPORE INDONESIA SERVICE VSL
      607 words
    • 690 41 rmg BAY OF BENGAL SERVICES MADRAS CALCUTTA rtSSELS YOT SIM MAA SIM INGER RIIS 02N90 1M 23/4 30/4 KTTE RIIS 03N90 19/4 2t/4 03/5 DANISH FLAG INGER RMS 03N90 30/4 07/5 14/5 YEAR BUILD 1909 IKETE RIIS 04N90 03/5 10/5 17/5 INGER RIIS 04N90 14/5 210 21/5 MEETE RIIS 05N90
      690 words
    • 370 41 TO AUSTRALIA/NEW ZEALAND wi S<>nip»r» FrwtMW |ll«l>«Mr»»|Sr*»»> VSSSVSimim SS ms ~m* aS am w wi c vcrouh m> ma s? ma na w Us wi aji Si M S TUT EXPHS M Mil M S« *P Also accepting cargo to:AUSTRALIA Adelaide Bhabano NEW ZEALAND Wellington Naptor, Chrittchurci) TO USA/CANADA VS.
      370 words

  • Page 42 Advertisements
    • 1110 42 iFMtarfro* PNCIPKL iMrtfer M [v£l SIN I LAX |OAK MOCI OAL CHI/ MO* KM NVC l e Malaysia toi SERVICE CALLS BUNGA KEMUNING V.W4 jjT ALLICATOR VICTORY VICOI 1W >S Ifi l)i IH l(i l|i 11/5 SINGAPORE BUNGA KEMUNING V.HI I*4 ALLIGATOR GLORY V.***** 23/4 12/5 14/5 15/5 I*s «jrt_
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  • Page 42 Miscellaneous
    • 230 42 Regional Weather <1^ 10S SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON APRIL 12. LEGEND R Thunderstorm Temperature c X\ A Weather Wind direction with speed m knots Ra,n Wave height Cloudy Sky Surface winds are indicated by arrows which My with the wind One full circle represents calm
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