The Business Times, 24 April 1990

Microfilm: NL16972
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Tuesday April 24 1990 75*
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  • NEWS SUMMARY
    • Article
      Bangkok Port workers drop plan to strike
      67 1 WORKERS at Bangkok Port have lifted a threat to strike this week after the Thai government took a tough stand against their attempt to block private companies from running the new deepsea port at Laem Chabang. The port's six unions do not have
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    • Article
      Singmarine sets date
      25 1 SINGMARINE Industries, aggressively gearing up for the leisure industry, plans to have its new shipyard in Jurong ready by 1993 Page 2
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    • Article
      Computers for Soviets
      34 1 A JOINT VENTURE between local trading giant Intraco and Soviet corporation Electronorgtechnika is evaluating a plan to assemble its own PCs in Singapore for export to the Soviet Union Page 2
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    • Article
      Indon growth to slow
      29 1 INDONESIA'S gross domestic product is expected to increase by about 6 per cent this year, slightly down from 6.5 per cent in 1989 Page 7
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    • Article
      Bracing for hard times
      28 1 LITHUANIAN leaders have urged their citizens to tighten their belts as the Kremlin's economic blockade of the breakaway republic started to bite Page 8
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    • Article
      High cost of austerity
      35 1 CHINA yesterday disclosed data showing that a tough austerity campaign squeezed the economy further in the first quarter of this year and may even have pushed it into recession Page 8
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    • Article
      Life after Drexel
      25 1 FOR EX-DREXEL employees in the US, just wearing the old company windbreaker around town is turning out to be hazardous Page 17
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    • Article
      Shift of control
      29 1 HAPAG-LLOYD is shifting control of its Asian operations from the head office in Hamburg to its new regional headquarters located in Singapore. Shipping Times Page One
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  • MARKETS SUMMARY
    • Article
      Dow Jones lower
      40 1 WALL STREET stocks showed steep losses on the recent fall in US bond prices, though bonds recovered. The Dow was down 18 at 2678 in early trading and decliners outran gainers by more than three to one.
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    • Article
      Footsie lower
      42 1 LONDON shares were sharply lower near the close in depressed trading after UK money data and a steep loss on Wall Street discouraged business. By 1556 GMT the FTSE 100 was 25.5 points, or 1.18 per cent, down at 2,161.4.
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    • Article
      Parkway's share swap
      22 1 PARKWAY has executed a series of completed share swap among its Hongkong associates to "rationalise their operations" Page 3
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    • Article
      New kid on the block
      14 1 A NEW FACE enters Malaysia's gambling scene. Page 3
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    • Article
      Rethink on Swire
      31 1 HONGKONG share analysts are reviewing their forecasts for blue-chip trading house Swire Pacific Ltd following a bullish prediction by Londonbased securities house Cazenove and Co Ltd Page 3
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    • Article
      Assets to be moved
      22 1 A GERMAN reinsurer is to transfer assets from its Munich headquarters to its new Singapore branch Page 6
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    • Article, Illustration
      STOCK INDICES
      30 1 Monday Change BT-MGA 755.05 -7.38 Kuala Lumpur ....532.12 -9.76 Hongkong 3,056.86 -10.44 Tokyo 29,679.07 -156.37 Sydney ..—.1,484. i -7.3 Friday Change New York 2,695.95 -15.98 London 2,187.1 +2.4
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    • Article
      CURRENCIES
      22 1 Exchange rates USS S$ 1.8750 Yen (100) S$1.I9I2 MS SS0.6898 Money market rate* Overnight 6 1/2 7/16 3-montn 6 11/16% 1/8
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    • Article
      COMMODITIES
      25 1 London Gold PM fix US$375.25 USS-0.75 Rubber S'pore May l57.50Vkg +0.25 M'sia May 229.00*/kg +18 KL Tin Turnover...... 140tonnes +50 Spot MS 17.31/kg -0.15
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  • Article, Illustration
    Keppel strengthens ACB management
    573 1  -  By Conrad Raj KEPPEL CORPORATION, which yesterday completed its takeover of Asia Commercial Bank, has moved quickly to beef up its management and also announced the merger of Keppel Finance with the finance subsidiary of ACB. At the same time, other financial services subsidiaries of Keppel
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  • Article
    'Scripless' accounts: SES sets deadlines
    331 1  -  By Magdalene Ng INVESTORS may be barred from applying for new mainboard share issues if they do not have a securities account with Central Depository Pte Ltd by April 27 for corporations and May 7 for individuals, said the Stock Exchange of Singapore (SES) yesterday.
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  • Article
    Turning point for Hongkong is 1992-93: risk analysis firm
    348 1  -  By Kenneth James HONGKONG BUSINESSES should distinguish quickly between business activities with "staying power" with rcspcct to China-related developments and those whose days arc numbered, and act accordingly, advises a Hong-kong-based risk analysis firm. The Political and Economic Risk Consultancy (Pcrc),
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  • Article
    Lock icon Lithuania stops exports
    221 1 Reuter LITHUANIA has halted exports to Soviet republics and foreign customers in the face of the Kremlin's crippling economic embargo, said Deputy Premier Romualdas Ozolas of the secessionist Baltic republic yesterday. The Baltic republic also began closing down its only oil refinery yesterday due to lack of
    Reuter  -  221 words
  • Article
    Lock icon Li Peng arrives in Moscow for talks
    99 1 Reuter PRIME MINISTER Li Peng, the highest-ranking Chinese leader to visit Moscow in 25 years, yesterday arrived for talks that could lead to troop cuts at the long-disputed frontier of the two Communist giants. Mr Li, welcomed by Pfime Minister Nikolai Ryzhkov and
    Reuter  -  99 words
  • Article
    Lock icon Taiwanese foreign investment at new high
    156 1 AFP TAIWAN approved a record U*****.7 million worth of overseas investment projects by local businessmen in the first quarter of this year. The Taiwanese Investment Commission announced in Taipei yesterday that the investment value of the 78 approved projects represented a whopping 595 per
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  • Article
    Lock icon Bonn agrees on 1-to-1 exchange rate for E Germans
    340 1 Reuter BONN yesterday yielded to East German pressure and agreed to convert East Germany's nearly worthless currency into West German marks at the highly favourable rate of one-to-one. The decision sent Franfurt share prices reeling. Within an hour of the announcement
    Reuter  -  340 words
  • Page 1 Advertisements
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      7 1 More stories on Pgs 8 and tl
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Automobile Association satisfied with results
        130 2 THE Automobile Association of Singapore (AAS) has said that it is both relieved and satisfied with the results of the first vehicle quota tender exercise. In a press statement yesterday, AAS said it is happy to note that motorists have exercised restraint, and have been
        130 words
      • Article
        UK educationists coming
        104 2 A GROUP of senior officials from Britain's polytechnics will be in Singapore between May 7 and May 11 to show educationists, industrialists and government representatives the range of courses they offer at their institutions. Comprising 29 members, the team is led by Professor Gerry Fowler, Rector of
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      • Article
        Human resource conference
        90 2 THE Singapore Institute of Management (SIM) is organising a conference which will look into the main concerns in human resource management. The conference Human Resource Management in the *****: Key Issues and Initiatives is to be held at the Shangri-La Hotel between July 18 and July 20
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      • Article
        Building exposition
        106 2 NEARLY 70 Italian manufacturers will take part in the South-East Asia International Building Exposition (Sibex), which will be held at the World Trade Centre between May 16 and May 19. The manufacturers, part of an Italian pavilion, will display building materials and products, ranging from granite and marble
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      • Article
        Works of Beijing artist
        79 2 PIDEMCO LAND and its tenant, Sin Hua Gallery, will jointly organise a solo exhibition featuring the work of Professor Wu Guanzhong, an eminent Beijing artist. The exhibition, on from May 5 to May 13, will comprise about 60 paintings which are being displayed outside China for
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    • Article, Illustration
      Singmarine wants own yard by 1993
      366 2  -  By Elaine Koh SINGMARINE Industries, which is now aggressively gearing up for the leisure industry, plans to have its new shipyard in Jurong ready by 1993. Part of the Kcppel group of companies, Singmarine has already alloted 5>76 million of its $114-million bond issue
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    • Article
      Asean can expect US$25b of building contracts annually
      238 2 THE fast-growing Asean region is likely to see about US$25 billion worth of construction contracts every year for the next 10 years. The contracts, which reflect the market potential in the region, will come from the infrastructure!, engineering and building sectors, said
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    • Article
      Intraco-Soviet tie-up studies PC production
      339 2  -  By Sangeeta Mulchand INT-ELORG, a joint venture between local trading giant Intraco and Soviet corporation Electronorgtechnika (Elorg), is evaluating a plan to assemble its own personal computers in Singapore for export to the Soviet Union. If the idea takes off, the operation will produce 2,000
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    • Article
      Standards pact signed
      165 2 AN AGREEMENT signed yesterday will lighten the tasks of local manufacturers wanting to export to Britain and, by extension, Europe. The agreement signed between the Singapore Institute of Standards and Industrial Research (Sisir) and British Standards Institution, Quality Assurance (BSI) gives mutual recognition to quality management systems
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      161 2 HOW HP FOLLOW ALEXANDER BELL'S SEARCH HBell was inventing the one from 1872-76, he hardly have envisaged uture of communicaI if such visionary mira as the instant comations network, linking rustomers with HP >nse Centres around orld. From pore to fef jXS. ?w ff||o 1 ,rnia > ta Georgia nnersh
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Tans of Parkway in HK share swap
      427 3  -  By Lee Han Shih THE TAN family, which controls Parkway Holdings and the IGB group, is pursuing a complicated share and property swap among its Hongkong interests. If it goes through, the swap will see the Tans reducing their stake in Hongkong in
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    • Article
      Trading in Cerebos shares suspended
      354 3  -  By William Chia THE Stock Exchange of Singapore (SES) has suspended trading in Cerebos Pacific Ltd following a weekend announcement that Suntory Pacific Ltd has received acceptances of 96.81 per cent of the issued capital of Cerebos at the close of its takeover offer last
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    • Article
      Lock icon Pengkalen to raise stake in Marco Shoe to 90pc
      422 3 Bernama PENGKALEN HOLDINGS Bhd has entered into an agreement to acquire an additional 3.6 million shares, or 60 per cent, of Marco Shoe Sdn Bhd to raise its stake in the company to 90 per cent. Pengkalen is buying the shares
      Bernama  -  422 words
    • Article
      Lock icon Shell does not expect repeat of 1989 results
      269 3 Bernama SHELL REFINING Company (Federation of Malaya) Bhd has cautioned shareholders not to expect a repeat of 1989's exceptional returns with the programmed maintenance shutdown in midyear. Shell reported an exceptional 186 per cent increase in net income after tax to MS
      Bernama  -  269 words
    • Article
      Krishnan deals a new hand to players in KL gaming business
      839 3  -  MARKET TALK By Ranjit Gill TRADITIONAL gaming operations, both the legal and illegal variety, have been the preserve of Chinese groups in Malaysia as well as other countries in the region where state-controlled gambling is tolerated. Those who remain
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    • Article
      Lock icon Southern Bank proposes M$175m loan stock issue
      389 3 Bernama SOUTHERN BANK Bhd has proposed a rights issue of MS 175.35 million loan stock which will result in a near doubling of its issued and paid-up capital to more than MS2OO million. It said the proposed issue of irredeemable convertible unsecured loan
      Bernama  -  389 words
    • COMPANY BRIEFS
      • Article
        All DBS Land warrants allocated
        95 3 DBS LAND announced yesterday that at the close of the offer for sale by DBS Bank of 161.14 million warrants to registered shareholders of the company, acceptances for 156.73 million warrants were received, representing 97.3 per cent of the total number of warrants offered. Excess
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      • Article
        Sim Lim gets SES nod
        56 3 SIM LIM Investments Ltd announced yesterday that it has obtained in-principle approval from the SES for the listing and quotation of all its rights shares, warrants and new shares to be issued upon the exercise of its warrants, subject to stockholders' approval at an EGM
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      • Article
        C&C issue oversubscribed
        75 3 CYCLE Carriage Ltd said yesterday that at the close of its 2-for-5 rights issue of 50 million new shares at $2.10 each on April 17, acceptances and excess rights share applications for a total of 52.02 million rights shares representing an over-subscription of 4 per cent have
        75 words
      • Article
        Worldwide offer well received
        109 3 WORLDWIDE Holdings Bhd's (WHB) offer for sale of 3.36 million shares of Msl each at par to the public has been oversubscribed by 48.74 times while its public offer for MS I million nominal value 6 per cent convertible unsecured loan stocks (CULs) was oversubscribed by
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      • Article
        650,000 Gadek shares bought
        86 3 SRI WANTO Sdn Bhd, a company from Sandakan, purchased 650,000 shares in Gadek (M) Bhd on April 12 from the open market. Under the same disclosure, Mr John Chia Sin Tet of Seremban said he had purchased 780,000 Gadek shares from the open market, also on
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      261 3 CHARTPOINT Every Saturday in Business Times It matters how you $wL f get there... V%| jj *^^TheBth S.E. Asian International Building Exposition 16 .19 May 1990. Halls 4& 5. World Trade Centra Singapore Just be there! Close to US$l55 biUion technology to help you keep your HrePLYCOUPON will be spent
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Suzuki plans Hungary venture
        79 4 SUZUKI MOTOR CO, the Japanese car and motorcycle manufacturer, said it had begun studying the possibility of building motorcycles in Hungary. Suzuki officials said the company had already reached a basic accord with the Hungarian authorities to start production of small cars in 1992 by establishing
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      • Article
        Nichimen to rebuild Cebu plant
        126 4 NICHIMEN CORP, a major Japanese trading house, said it had won a three-billion-yen (US$l9 million) order to reconstruct a power plant on the Philippine island of Cebu. Nichimen officials said the company will finance two-thirds of the project and the rest will be supplied by
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      • Article
        Tokyo sets share transfer rule
        114 4 THE JAPANESE Finance Ministry has decided to have securities companies inform it in advance of major transfers of stock ownership in a bid to protect small and mediumsized securities companies from becoming the target of unfriendly mergers and acquisitions, Jiji Press reported yesterday. Guidelines are
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    • Article
      Lock icon Report on Swire is making Hongkong analysts sit up
      511 4 Reuter HONGKONG stock analysts are reviewing their forecasts for blue-chip trading house, Swire Pacific Ltd, following a bullish prediction by Lon-don-based securities house Cazenove and Co Ltd. "The Cazenove report has to be taken seriously because they are so close to
      Reuter  -  511 words
    • Article
      Lock icon US film in tie-up to build hotels for budget travellers in India
      249 4 NYT DAYS INNS and an Indian corporation are planning to collaborate on a series of hotels in India aimed at travellers on modest budgets. Days Inns, the American operator of modestly priced hotels and motels, has an equity
      NYT  -  249 words
    • Article
      Lam Soon profits hit by China unrest
      169 4 DIVERSIFIED food group Lam Soon was affected by the political unrest in China last year and profits fell 40 per cent to HK566.01 million for the year ended Dec 31, 1989. I Despite the fall, directors offered a one-for-10 bonus issue, although the
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    • Article
      Lock icon Indon gold project promising: Ashton
      160 4 Reuter ASHTON MINING Ltd said early results from one of its five joint venture gold exploration projects in Indonesia were promising. Work at the project, owned equally by Ashton and PT Mercu Buana Raya Contractors, found alluvial gold mineralisation of about 20 million cubic metres
      Reuter  -  160 words
    • Article
      Lock icon Bidder for Avon unit reaffirms interest
      181 4 Reuter FRIENDS OF Freesia Co Ltd of Japan will not give up its plan to buy a majority stake in Avon Products Inc's Japanese subsidiary Avon Products Co Ltd, and both companies will continue talks, says a spokesman for Friends of Freesia. The Japanese
      Reuter  -  181 words
  • Page 4 Advertisements
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      252 4 J v.w ywlL a -w v ..a ■•>". >^r xi t" > < fl v I Now Open —f-f —~tii A»». «*> I ••"•<" After much careful planning and attention to detail, the New Park For relaxation, there's 181 Music Lounge. With a lively 7-piece band Hotel proudly opens its
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      Page 4 Advertisements Column 2
      33 4 SINGAPORE'S ONLY ColoniaL BUNGALOWS \f/c {W ARE MANAGED BY UDMC 1 Colombo Court #05-18/21 Singapore 0617 TEL: *****02, *****03, *****27 *****48 Ms Lim, Ms Tang, Mr Tan Mr Leong RENTAL ONLY (NO AGENTS)
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Milken case appears to be drawing to a close
      372 5 NYT MICHAEL R MILKEN, the financier who agreed last Friday to plead guilty to six felony charges and pay US$6OO million in fines, is not required to provide evidence of further wrongdoing to the US government as part of the settlement,
      NYT  -  372 words
    • Article
      Lock icon Mercedes and AEG slow Daimler profit
      158 5 Reuter DAIMLER-BENZ AG, West Germany's biggest firm, has suffered a drop in 1989 profits because of poor results from its Mercedes-Benz AG automotive and AEG AG electronics units. Yesterday's edition of the weekly Der Spiegel said Mercedes' profits had fallen drastically, cutting operating profits
      Reuter  -  158 words
    • COMPANY BRIEFS
      • Article
        Simon & Schuster withdraws bid for Grove Weidenfeld
        107 5 Simon Schuster withdraws bid for Grove Weidenfeld SIMON SCHUSTER, which had been expected to buy Grove Weidenfeld, has abruptly withdrawn its bid, according to executives in the New York publishing industry. Last week, Simon Schuster was involved in intense negotiations to buy Grove Weidenfeld, which was put up for auction
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      • Article
        Boost for Aquascutum shares
        106 5 UK quality clothing manufacturer and retailer Aquascutum Group pic said Renown Inc of Japan has made an agreed cash offer for the group which values Aquascutum at around £73.8 million. Japan's largest clothing manufacturer is offering 550p cash for each Aquascutum ordinary and 200p cash for
        106 words
      • Article
        Elf finalises BP deal
        101 5 FRENCH state-owned oil firm Societe Nationale Elf Aquitaine has finalised its previously-announced agreement to buy the exploration and production assets of BP France. It gave no price for the purchase. The assets consist of 28 exploration permits, of which nine are in Aquitaine, southern France and
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      • Article
        Sulzer expects marked growth
        90 5 SWISS engineering group Gebrueder Sulzer AG expects profit to grow significantly in 1990. "We again expect marked growth in group profit for this year," managing director Fritz Fahrni told the company's annual news conference. Sulzer recently reported 1989 profit rose to 121 million Swiss francs from
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    • Article
      Lock icon Blackstone gets into Europe
      434 5 Alliance with British firm offers access to merger market before 1992 NYT IN A SIGN of Europe's increasing importance in the merger business, the Blackstone Group a New York merchant banking concern is forming an alliance with a British mergers firm. Under the agreement, Blackstone will
      NYT  -  434 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      19 5 jwm ic warm cordial reception In Kuala Lumpur where else but the Shangri-La a SHANGRI-LA INTERNATIONAL: SINGAPORE 5)) 7174
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      Page 5 Advertisements Column 2
      90 5 Wall Street's scarlet letters, Pg 17 The power of SI A Cargo is row simply and efficiently at hand, thanks to our new advanced Freight Operations and Reservations System Computer (FORSC). Across 57 cities in 37 countries, we've got what it takes to ensure your cargo arrives at the right
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Parkway subsidiaries sign $68m loan deal
        86 6 GLENEAGLES Hospital Ltd and Gleneagles Medical Centre Ltd, which are wholly-owned subsidiaries of Parkway Holdings Ltd, yesterday signed two loan agreements worth a total of $68 million. The two subsidiaries will issue five-year floating rate notes which are severally guaranteed by the Mitsui Trust
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      • Article
        Bank gets restricted licence
        67 6 HONGKONG Financial Secretary Piers Jacobs has granted a restricted banking licence to the Bank of California, whollyowned by the Mitsubishi Trust and Banking Corp. A restricted licence means the bank can call itself a merchant or investment bank but it cannot accept deposits of less than
        67 words
      • Article
        Moody's downgrades Orix
        55 6 MOODY'S Investors Service Inc has cut its credit rating for Japan's Orix Corp, citing the company's exposure to rising Japanese interest rates, real estate and leveraged trans actions. The move, which reduces the credit rating of the country's biggest leasing company from "A-3" to "Baa-2", affects some
        55 words
      • Article
        Foreign ownership nears limit
        92 6 DEN NORSKE BANK (Dnß), Norway's biggest bank which was formed in a merger last week, said foreigners held close to the limit of 15 per cent of its share capital set by Norwegian authorities. A statement to the Oslo bourse said foreigners owned 14.7 per cent.
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    • Article, Illustration
      Frankona to shift some holdings to Singapore
      262 6  -  By Soh Tiang Keng FRANKONA Reinsurance Company, which opens its first Asian branch here today, will transfer a substantial portion of its Asian holdings in terms of premiums and assets from its Munich headquarters to Singapore soon. Dr Achim Kann, the company's visiting
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    • Article
      Lock icon Tokyo expected to approve Globex automated futures trading system
      334 6 Reuter GLOBEX, the automated futures trading system, is soon expected to be approved in Japan after a year and a half of negotiations. Leo Melamed, who is overseeing the birth of Globex for the Chicago Mercantile Exchange (CME), said only technical
      Reuter  -  334 words
    • Article
      Lock icon NZ plans sale of insurance group
      176 6 Reuter THE New Zealand government plans to sell State Insurance Office, the country's largest fire and general insurance group, by the end of June. State's general manager Lin Stirton said: 'The minister (Associate State-owned Enterprises Minister Peter Neilson) has indicated that he hoped the
      Reuter  -  176 words
    • Article
      Lock icon Tokyo banks may get securities okay
      299 6 Reuter AN ADVISORY body to the Japanese Finance Ministry is expected to recommend in June that commercial banks be allowed to enter the securities business by setting up wholly owned subsidiaries, securities industry sources said. The Securities Exchange Council is also expected to urge
      Reuter  -  299 words
    • Article
      Lock icon Banks can set up in Guangzhou
      154 6 Reuter FOREIGN banks will be allowed to set up offices in Guangzhou's Economic and Technological Development Zone, China News Service (CNS) quoted Mr Lei Yu, deputy mayor of the southern Chinese city, as saying. Allowing foreign banks, including Hongkong banks, to operate in the
      Reuter  -  154 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      128 6 A rare chance to own a fine example of German engineering —right now! The Audi 100 set the pace of innovation in German automotive design. This luxury limousine offers advanced aerodynamics for greater efficiency, full galvanisation for protection against rust and the exceptional roadholding and other advantages of front wheel
      128 words
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      Page 6 Advertisements Column 2
      150 6 m'* >" i"»jK ..»t "SPECIAL lyri Membership for Executives on the move" a regime anymore to keep fit Ait equipment and your own personal fitness counsellor Aerobic classes and Fitness seminars available Facilities include an out- lflHKT?fll door swimming pool, iHlra J saunas, massage and a fully Outside the CBD,
      150 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      31 6 f > c cvV.; "V\ "j,* ,%y ,V?> V- lr" rTT:-;'—V" N /J < *\<\*r«'*> Tak mxmk^vb "I'd realty like to help, but I'm just managing to keep my head above water myself."
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  • THE REGION
    • Article
      Lock icon Malacca draws steady stream of investors
      267 7 MBT MALACCA has become the most unlikely success story in terms of attracting investments. As one of the smallest states in Malaysia, Malacca lacks many facilities which traditionally attract investors; the state does not have an airport to speak of, it does not boast
      MBT  -  267 words
    • Article
      Lock icon ADB expects Indon growth to slow
      424 7 Agencies INDONESIA's gross domestic product is expected to increase by about 6 per cent this year, slightly down from 6.5 per cent in 1989, the Asian Development Bank has predicted. "Prospects for Indonesia remain good although the economy might lose momentum in 1990," the
      Agencies  -  424 words
    • Article
      Hanoi drafts new laws to woo foreign investment
      341 7 VIETNAM is drafting new laws to smooth the way for foreign investment, but firsttime investors should still tread warily, according to Nguyen Trung. Vietnam's ambassador to Thailand. "We plan to pass new laws, especially in the areas of finance and banking, to
      341 words
    • Article, Illustration
      Lock icon Power rationing threatens growth in Philippines
      428 7 Agencies THE GOVERNMENT cut power to 300 major buildings in Manila yesterday as part of a new energy rationing schcmc aimed at dealing with debilitating daily power shortages that arc undermining national economic development. The government's powersaving plan began one day after President Corazon
      Agencies  -  428 words
    • NOTE BOOK
      • Article
        Taiwan mission looking for Philippine plant sites
        78 7 A TAIWAN mission led by Economic Minister Chen Li-an is in the Philippines to scout possible sites for industrial estates, Trade and Industry Secretary Jose Concepcion said in Manila yesterday. "We are trying to encourage them to develop industrial estates in northern Mindanao
        78 words
      • Article
        Viet workers in Bulgaria complain
        67 7 VIETNAMESE workers in Bulgaria have been harassed by police, physically abused and saddled with such poor living conditions that they wish to return home, Radio Hanoi reported last Friday. The report by a Radio Hanoi correspondent who visited Bulgaria added that many Vietnamese workers had
        67 words
      • Article
        Fined for labour law violations
        91 7 AN INDONESIAN district court has sentenced a businessman to 30 days' jail for paying labour under the minimum wage level set by the government, the Kompas daily reported on Sunday. The East Jakarta court found Mulyadi, 41, a producer of neon lamps, guilty of violating
        91 words
      • Article
        Clearing of Thai border mines
        95 7 FORMER guerillas of the now-defunct Communist Party of Malaya (CPM) are to help Malaysian authorities to clear some 10,000 land mines on Malaysia's border with Thailand, a Thai army officer said on Sunday. The officer, attached to Thailand's southern 4th Army Region Command, said the
        95 words
      • Article
        Johor fishermen seek permission
        84 7 THE MALAYSIAN government will be requested to hold talks with the Singapore government to enable inshore fishermen in the Gelang Patah area near Johor Baru to fish in the waters of the island republic, Information Minister Datuk Mohamed Rah mat said in Johor Baru on Sunday.
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      • Article
        Filipino communists denounced
        60 7 EUROPEAN and Philippine business groups in Manila issued an open letter yesterday denouncing communist rebels for last month's killing of a senior local executive of the Swiss food giant Nestle. "This senseless violence must end," the European Chamber of Commerce and local business and professional associations said
        60 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      29 7 V yJ^i/A'i, l^m V V K Ba^ mr*~.-. J,,v.j^^-,«w&igißMHßH^^B^M ki j#. i gßßHW^sg^^^-tv >•• g£% fc'^i^fev- v J A W f ?.-> *1 r *y*s r (Be careful with the Kaminomoto)
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  • THE WORLD
    • WORLD WATCH
      • Article
        Sino-British group on HK starts meeting
        99 8 THE Sino-British Joint Liaison Group on the future of Hongkong opened a five-day meeting at the Diaoyutai State Guest House in Beijing yesterday. Diplomatic sources said its agenda was not made public, but observers expect that Britain's controversial plan to give passports to 225,(XX)
        99 words
      • Article
        DLP official to meet Kaifu
        94 8 PARK TAE-CHUN, co-leader of South Korea's ruling party, left yesterday on an unscheduled trip to Japan to iron out thorny bilateral issues ahead of President Roh Tae-Woo's expected trip in May. Officials said Mr Park, who acts as co-leader of the Democratic Liberal Party on
        94 words
      • Article
        Moscow will not capitulate
        104 8 THE Soviet Union is ready for dialogue but "will not capitulate" to Japan over its 45-year claim to four Soviet-occupied islands off Japan. The Soviet Communist Party daily Pravda said on Sunday that solving the dispute over the islands at the south of the Kurile chain
        104 words
      • Article
        UK pay outstrips productivity
        133 8 BRITISH salaries rose much faster during the first three months of 1990 than productivity, dealing a bjow to industry's competitiveness, the Confederation of British Industry said yesterday. The employers' organisation said that while salaries rose by 8.5 per cent, compared with 8.1 per cent for the
        133 words
      • Article
        Need to keep lead in high-tech
        78 8 WESTERN nations must upgrade their high-technology defence equipment despite the easing of tension between Nato and the Warsaw Pact. Authoritative British defence publication Jane's Military Communications Yearbook said as superpower arms accords bring a reduction in conventional forces and weapons, the West's military communications
        78 words
      • Article
        National assembly for Kuwait
        98 8 THE Emir of Kuwait said on Sunday that he had issued a decree to establish an interim national assembly in the oil-rich northern Gulf state. "I have issued an Emiri decree to set up a national assembly to serve during an interim period to evaluate our
        98 words
    • Article
      Lock icon Lithuania battens down as sanctions start to bite
      387 8 Reuter LITHUANIAN leaders yesterday urged their citizens to tighten their belts as the Kremlin's economic blockade of the breakaway republic started to bite. Many petrol stations in the capital Vilnius had no fuel on Sunday and Lithuania's president Vytautas Landsbergis urged people
      Reuter  -  387 words
    • Article, Illustration
      Lock icon India warns Pakistan against stirring up trouble on border
      313 8 Reuter PRIME MINISTER Vishwanath Singh of India on Sunday warned Pakistan against fomenting trouble on the border, a day after Indian and Pakistani troops clashed in Kashmir. Indian media said Mr Singh told a rally in the Himalayan state of Sikkim
      Reuter  -  313 words
    • Article
      Lock icon EC may set 'green' code for east and central Europe
      263 8 Reuter THE European Community may write codes of conduct for EC industries setting up in central and eastern Europe to ensure they run to high environmental standards. The idea is one of several that emerged at weekend talks between the
      Reuter  -  263 words
    • Article
      Lock icon Austerity drive may have squeezed China into a recession
      402 8 Reuter CHINA disclosed data yesterday showing that a tough austerity campaign squeezed the economy further in the first quarter of this year and may even have pushed it into recession. A problem of widespread debt defaults remained unresolved, despite a massive
      Reuter  -  402 words
    • Article
      Lock icon Reformist hits out at Gorbachev's policies
      163 8 AP SOVIET REFORMIST Yuri Afanasyev said on Sunday that President Mikhail Gorbachev's bids to restructure the Soviet Union's troubled economy have failed and called Moscow's treatment of Lithuania "imperialism". Mr Afanasyev, who has split from the Communist Party, said Mr Gorbachev's policy of perestroika
      AP  -  163 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      375 8 YOUR CHANCE TO EXPLORE THE LATEST SOLUTIONS TO AUTOMATE YOUR MANUFACTURING OPERATIONS ♦lA'9O Asia Pacific Industrial Automation Exhibition and Conference 23 26 May 1990. 11am 6pm daily. Changi International Exhibition and Convention Centre, Singapore If you're looking for ways to increase handling, production processes and I efficiency in your manufacturing
      375 words
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      Page 8 Advertisements Column 2
      57 8 Analysis, Pg 11 Seaf am ijj* iffi It's our endless variety of seafood fare that lures our jjß j I customers back. Arid with prices from $6, you're bound to get H V hooked too. Call for reservations today at 235-2336. H MJP Hi j 336 River Valley Road, #01
      57 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      245 9 MY COLLEAGUES CAN SELL YEN AGAINST MARKS AND MAKE DOLLARS. i t >1 -F s v > w WfJt i iW^mw r tJI HirL.- <« I is* jct'-'li^H v dfl Eft* /,t«r P 4K vSraV.:MBM nra3iHKtar JH Ks+ *n JUflB «*j9G^H <*3£- Ji Jr "Jg K .wyyaK mH HHKs2^->-' fl
      245 words
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  • Article
    Two constants in changing era
    474 10 EDITORIAL m i IRST Deputy Prime Minister Goh W4 Chok Tong is returning from a whirl- 1 wind tour of Washington and London with confidence-building reassurances that Singapore's new leadership its policies and politics is accepted and understood. The messages from both international powers one
    474 words
  • WHAT THE OTHERS SAY
    • Article
      Losers all?
      233 10 PRESIDENT AQUINO is still not saying anything concrete in spite of her latest statement that the US military would not be asked to leave the Philippines when its lease of the bases there expires next year. Manila's tactic seems to be one of using non-commitment as a bargaining
      233 words
    • Article
      Market forces not enough
      127 10 THE QUOTA PREMIUM for luxury cars over 2,000 cc costs only $528, a figure totally unexpected. The initial feeling was that people who can afford luxury cars would not mind paying more. However, it turned out to be very much lower than the 1,004 premium for
      127 words
    • Article
      No hot air, please
      122 10 EARTH DAY symbolises the global will and strategy to save this ailing planet from pollution by Man. While more environmental treaties are expected to be signed, saving the Earth should not be just mere rhetoric who is to blame, and who should underwrite the costly programmes.
      122 words
  • REGIONAL VIEWPOINTS
    • Article
      Merely play-acting?
      194 10 BOTH India and Pakistan insist they do not want a fourth war with each other. This assertion is about the only thing at the moment that both sides seem to agree on. All other statements contribute to a discordant chorus of warlike rhetoric, of charge and counter-charge, further
      194 words
    • Article
      Hopes for Cambodia
      179 10 AUSTRALIA'S Foreign Minister Gareth Evans, who has managed to keep his job as a result of the Labour party's close victory in the recent elections, apparently is determined to continue his country's active diplomacy in the search for a negotiated settlement of the 11-year-old Cambodian conflict. He
      179 words
    • Article
      Towards self-reliance
      132 10 MALAYSIA'S industrialisation strategy relies to a large extent on foreign investment and it is facing stiff competition from even within the region in luring this. It is in the best interest of the nation that it develops its own manpower to meet its own needs. The country has
      132 words
  • Article, Illustration
    Complete overhaul recommended
    796 10  -  Are the economic ways of the West best for the East bloc? Paul Samuelson thinks so Paul Samuelson Paul Samuelson is a Nobel prize-winning economist at the Massachusetts Institute of Technology Eastern europe is in a ferment. State socialism is at a discount. It has worked badly
    796 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      264 10 Brnadexit SB < 1 1 ■ETF"~~na2fi^ :3 0fa KJ| Visit BroadcastAsia9o, Asia's very first International Broadcasting Exhibition from 29 May-1 June 1990 for a complete update of the latest M equipment and technology for the sound, film and video industnes. m At BtoadcastAsia9o, you'll get a chance to source for
      264 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Stagflation gives way to slugflation
      891 11  -  A new term is needed to describe the sluggish growth marked by sluggishly rising prices in the US economy, writes Leonard Silk Leonard Silk NYT IS THE American economy on the verge of stagflation, that baleful mixture of stagnation and inflation from which it suffered
      NYT  -  891 words
    • Article, Illustration
      Lock icon Making an example of the Lithuanians
      972 11  -  President Gorbachev's brinksmanship in Lithuania is aimed at all restive republics, writes Francis Clines Francis Clines NYT IN CLOSING the energy tap on rebellious Lithuania, Soviet President Mikhail Gorbachev is struggling with a far larger sovereignty crisis than the one presented by the resilient
      NYT  -  972 words
    • Article, Illustration
      Lock icon Do not forsake me, oh my Britain!
      651 11  -  Britain is criticised for not developing democracy in Hongkong, reports Nicholas Knstof Nicholas Kristof NYT THE FEELING of betrayal is heavy in the Hongkong air, but when people there dissect the territory's crisis, they sometimes speak most bitterly not of hard-liners in Beijing
      NYT  -  651 words
  • Page 11 Advertisements
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      2292 12 Asia Commercial Bank Ltd (Incorporated in the Republic of Singapore) AND ITS SUBSIDIARY COMPANIES BALANCE SHEETS AS AT 31 ST DECEMBER, 1989 Th« Group Th« Bank The Group The Sank Pfc, ,w <M IM SHARE CAPITAL »'<*» St'OOO Ssooo MTOO *000 SSOOO ***** 3000 Authorised: Shares Of Ssl each 250,000
      2,292 words
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      Page 12 Advertisements Column 2
      123 12 NOTICE NOTICE IS HEREBY GIVEN lhal. I NAOMASA MURAI of No. 62 South Buona Vista Road #01-09 Vista Park Singapore 0511, have applied for a FIRST CLASS PUBLIC HOUSE LICENCEIicence in respect of premises at M/s 88 RESTAURANT (ODS NAGASAKI YA PTE LTD) at #12-00 Cable Car Towers, No. 3
      123 words
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      Page 12 Advertisements Column 3
      10 12 Keep your investment decisions on target CHARTPOINIfI EVERY SATURDAY X
      10 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon Grand hopes for a new Pillsbury
      744 13 Grand Metropolitan's commitment to cut bureaucracy ana take risks to rebuild Pillsbury Co has generated enthusiasm on Wall Street. NYT Four years ago, with the roof about to cave in on his head, Jay Morgan still could not get his bosses at the Pillsbury
      NYT  -  744 words
    • Article, Illustration
      India an attractive market for Singapore computer exporters
      527 14  -  The Indian computer industry is taking off. And Singapore firms will do well to gain a foothold before it is too late. Shoeb Kagda, who accompanied a recent trade mission to the sub-continent, reports. Shoeb Kagda WITH a revving economy, India is
      527 words
    • Article, Illustration
      How to keep tabs on your electricity bill
      347 14  -  INNOVATION By Genevieve Cua ONE TOUCH and coloured lines on a computer screen can show you just where and how you could save on your building's electricity bills. Homegrown energy management specialist Econoler has developed a computerbased system that monitors the performance
      347 words
    • Article
      Lock icon Programming made user-friendly
      245 14 NYT A VAST transformation is beginning in the way computer programs arc designed. The changc promises to allow software to be produced more quickly and to BUfcc carnpul£rs easier lo use. Like handcrafted furniture, software has traditionally been customised for a ta|k in a laborious process mcye
      NYT  -  245 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      1452 13 Asia Commercial Finance Lbd (incorporated in the Republic of Singapore) A wholly-owned subsidiary of Asia Commercial Bank Ltd BALANCE SHEET AS AT 31 ST DECEMBER, IW9 Not. 1900 1908 I S® 18 S s$ SS MM SHARE CAPITAL Authorised: FIXED ASSETS 6 1,02*000 1.014.560 Shares of Ssl each 2*000.000 25,000,000
      1,452 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      155 14 H^l Ei"'ij -Wt*"* JlJ* 3K5fcK& ~< ■F^S^r Jr v-L-'CS^^BKlt' »^%nWStw9&im" •f* m 'i Jggyf-' < *Js ybu make ttwfeelffi.M brand new. illS 3 Mt-P' The thirst for Perrier is finally over. Brand new stocks i•; > of the long awaited "champagne of water" have just arrived, jfip&m carrying labels that
      155 words
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      Page 14 Advertisements Column 2
      331 14 W/ I Straits Steamship Land Limited I (Incorporated irvthe Republic of Singapore) H I Notice of Annual General Meeting I I ALL MEMBERS ARE CORDIAL Y irSvTTED to attend the Annual I I General Meeting of Comeany which will be heldtn the Straits Room, 10 Colly«j Quay Oceaii Building, Singlpore
      331 words
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  • SPORTS
    • Article, Illustration
      Lock icon Langer captures Madrid Open
      308 15 AP BERNHARD LANGER of West Germany shot a 5-un-der-par 67 on Sunday to win the Madrid Open despite a course-record 61 by Brett Ogle of Australia. Langer's total of 18-un-der-par 271 gave him a onestroke victory over Australia's Rodger Davis, who knocked in a 60-foot putt
      AP  -  308 words
    • Article
      Lock icon Elkington breaks through
      212 15 AFP AUSTRALIAN Steve Elkington got his first victory on the US PGA Tour in memorable fashion on Sunday, shooting a six-under-par 66 to come from behind in the Greater Greensboro Open in North Carolina. "I came from a long way back," said the 27-year-old from Sydney. Elkington,
      AFP  -  212 words
    • Article
      Lock icon Leach, Pugh take WCT doubles title
      279 15 AP, AFP RICK LEACH and Jim Pugh strengthened their Davis Cup credentials on Sunday with a 7-6 (8-6), 4-6, 7-6 (7-4), 6-4 victory over Ken Flach and Robert Seguso in the US$3OO,OOO WCT World Doubles Championship in Dallas, Texas. Leach and Pugh, both from
      AP,; AFP  -  279 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      343 15 I EVERYTHING'S AUTO/ I I An exciting car accessory from Hertz that makes most things automatic. I I AUTO NAVIGATION I I AUTO PARKING I I r^r^ r K'^'cx 1 c\ I Qy A 8 a ;s\ < I I L —J w I I 6tS 0U tra^'C WhBre I
      343 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      233 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some like it hot. >r I >, T 'J*r- S y- |F^ Spicv Szechuan dishes served at lunch and dinner dailv in the cool, inviting atmosphere of Szechuan Court. Reservation, 330 8310 or 338
      233 words
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      Page 16 Advertisements Column 2
      381 16 mwtßegencyQsngapore Presents CAREER WOMEN OF THE 1990s BY RENE SALUD 23 to 25 April, 27 28 April 1990 (5 days) Crystal Ballroom $35 nett per person 12.00 NOON to ZOO PM inclusive of a local buffet menu and fashion show OutetandinQ models and beauty queens from the Phippnos and Imp
      381 words
    • Advertisement
      Page 16 Advertisements Column 3
      155 16 Monday to Thursday :6pm—2am •Friday. Saturday&PH Eve :6pm-3am Closed on Sunday HAPPY HOURS: 6 pm—B pm •Fntdnnkcturge after Bpm-J/5 nea ■WML0X M ltK? Sec^etaries Weekly Get away from the 'gnnd' at the office —to a delightful V,: k Evian mineral water. Vx'^v m Lucky secretaries can also get away for
      155 words
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      Page 16 Advertisements Column 4
      318 16 saviiurS k v An all consuming passion for Spain sweeps into The Belvedere this month It's an extraordinary, spread to be relished and savoured, along with specially imported Spanish wines. The Belvedere's Spanish Buffet It's worth '-v fighting a bull to get to. Spanish Buffet Lunch 1 30 April *90
      318 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      723 16 TELEVISION AND RADIO Heaven. Guest starring Ken 1.35 Malay Drana Bara. X" 1 SBCIg jf', Jenkins and David Wilson. 10.00 World How* At 10 (M). I 1 ItinO 10.3# T,m<U, Pr~tar. n-tar. HJO WWFWm#tafSM**t BBC, 00.0 «Hl li VHf (Mi 0 1 >***** IH ,s ourChoi 11.50 Tl» Fartval tkt
      723 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Wall Street's scarlet letters
      868 17  -  Is there life after Drexel Burnham Lambert? Deirdre Fanning looks at how former employees of the US securities firm, which filed tor bankruptcy in February, are coping Deirdre Fanning NYT TO WEAR a Drexel Burnham Lambert Inc windbreaker around town these days is to invite abuse.
      NYT  -  868 words
    • Article
      Music brings Israel, Soviet Union closer
      250 17 CHATTERBOX^ THE Israel Philharmonic s first tour of the Soviet Union will be a homecoming for nearly one-fourth of its musicians, who are Soviet emigrants. The three-city concert tour, which begins on Thursday, also is considered a sign of deepening cultural relations with the
      250 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      234 17 AND ENTERTAIN Add A Little Spice To Your Secs Life. SECRETARIES WEEK If.) -jMPBHBpik Jfek SPECIALS: APRIL 2} TO 25. 27 AND 21 I RESERVATIONS jk 712 1222 EXT IMX I PRICES ARE SUBJECT TO 10% SERVICE IP CHARGE AND 4% CESS. It's Secretaries' Week, April 23 to 28. So
      234 words
    • Advertisement
      Page 17 Advertisements Column 2
      284 17 FANTASY This exquisite 95 ft yacht fully airconditioned with 2 bars, promenade deck, dance floor, lounges, and all other comforts. Abo available PUJA A classic elegant 90 ft yacht is fully airconditioned with sun deck, lounge, dining room, and five staterooms. Add to the great memories of your life. Fantasy
      284 words
    • Advertisement
      Page 17 Advertisements Column 3
      87 17 If you're looking for a superb lunch in a quiet, pleasant ambience, come for our Business Banquet. Begin with our appetizer buffet that includes fresh oysters, salmon and pate. Then choose from 4 main courses daily, with U.S. Beef Tenderloin and Prawns with Crab Meat among others. Round off a
      87 words
    • Advertisement
      Page 17 Advertisements Column 4
      288 17 W itsSecretaries'Weekboss! f I (April 23,24,25,27 fc 28) Pi Impress your secretary with your generosity. B 111 Bring her to the finest continental restaurant with cosy and friendly ambience. H II OUR SPECIAL 5-COURSE SET LUNCH/ I m DINNER AT ONLY $38.00++ (PLUS SPECIAL 9 II FREE GIFT FOR THE
      288 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      2280 18 JL BANK OF INDIA (Government of India UniiH^ihii) BALANCE SHEET AS AT 31ST MARCH 1989 CAPITAL LIABILITIES INDIAN RUPEES PROPERTY A ASSETS INDIAN RUPEES PAID UP CAPITAL CASH-IN HAND AND WITH RESERVE BANK OF INDIA A (Wholly owned by the Central Govt) 1,190,000,000.00 STATE BANK OF INDIA (including foreign currency
      2,280 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Support expected at STII 1,500 level
      4308 19  -  By Lim Mui Khi SHARE PRICES in Singapore weakened further on little buying interest, and some selling. The Straits Times Industrials Index of 30 Singapore blue chips closed at 1,504.61, down 15.95 points, after falling 8.46 points on Friday. However, market observers are expecting
      4,308 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3729 20 Main Board Isetan 50" 960 +15 +1.6% Spore Land 1480 +10 +0.7% FELSWt 286 +7 +2.5% Saangyonj 50« 354 +6 +1.7% Shangri-La 985 +5 +0.5% Keppet Corpn 760 5 +0.7% FELS 50* 620 5 0 8% Roth Inds 50* 328 +4 +1.2% Amtek Eng 20*
    3,729 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks sink further in thin trading
      3635 21 Bernama, Reuter STOCK PRICES closed lower across the board, extending last week's declines on further liquidation and lack of fresh buying support, brokers said. The Kuala Lumpur Stock Exchange Composite Index fell 9.76 points to 532.12 while the New Straits Times Industrial Ordinary Share
      Bernama,; Reuter  -  3,635 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      38 21 The drive succeed. You W Hk tell by the look in A is W^&h- «4P £e^H Ir I I f -*-*><■.• i I FJM I I //ill u m ,,Nl ,i IJnt*lr7o7U X* Sm Ktrmmft Opticall\r. im to*« < > f >
      38 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      101 22 cMOT Data Yaar Nat Mt -mtag. Qrw' aM to (K«t1tyia»» (L) Hf dlyWand (•too) (c«tt») ■MB Apr 18 No* 89 I«S6.670(MIS6.6S1) 10.7(21) U Apr 17 Dec 89 $2,673(13.465) 2 8(3.6) 4<-) feu** Ape 16 ton 90 M$13,157(IW11.576) -<-) 12(~) S Apr 12 Dac 89 $250,338(8200.168) 58.1(47 8) 16(16)
      101 words
    • Article
      DIVIDENDS ANNOUNCED
      1299 22 tanwrt Ei Ort. T«Mfcr WWfcr WMX date cteM wtota jmt ImI yMr IdiM En| 6*TE0) Apr 11 Apr 17 Apr 28 J*TE 6*Tt A*no 15*TE Fab 28 tor 12 May 15 25*TE 25*TE BAT 909%(n) Apr 6 Apr 19 May 3 12Z7*(ii) J2* Bouataad 5%(l) Apr 18 Iky
      1,299 words
    • Article
      PROPOSED ISSUES
      335 22 Company Rights htm C-iii) bar Capital reductaw sdtamt to raduca par niu* oi shares from $1.00 to JO 60: ftyts nut of 3:2 SO 60 par share I v F K» Ow4wom WO 50 g» share j f+m Iter* Ont-tor-ont MS0.25 par share tobowad by a tfare swap
      335 words
    • Article
      PRELIMINARY RESULTS
      228 22 CMMNy Oat# Yur Grown pca-ta* Nat unliip «r*M im to pr*ftt/tMS (L) Hf »lwri <M4aad ('000) (caato) 8 Raya Ape 12 Oac 89 M$11.901 (M$6,626) 1.8(1.8) 2(1) MuKfta Intl Apr 10 Oac 89 M$20,6i6l($3.165l) Tat Laa Bank Aof 7 Oac 89 $22,579c($14,675c) 14.4(8 6a) S(6.5a) taronaEna Ape 6
      228 words
    • Article
      INTERIM RESULTS
      54 22 INTERIM RESULTS t«n *2*?* 222L mn ti pnlll/lMI (L) dhfUIiM Item Ox, Apr 12 Mar 90 MJ19.612(W13.783) m Apr 5 Feb 90 M$16.467(KI$13.742) 8(8) Fabtr Martin Mar 31 Oac 89 M$7,0551(822.3111) m Corpn Mar 31 Dec 89 MS8.58KS5.247) -<-> Emta Mar 30 Dk 89 M$41(J523) -<-> Swl mc
      54 words
    • Article
      RESULTS DUE
      569 22 Stefan Stocks Last F«l Ytar Cvapany NU JV. TMr MV> M M yav Cmt) 8MT term Jm 27 Ma 90 10.6 100.0 516 Ma FM Fab 28 Nw «9 391 10.0 11.78 ItoHM FmI Mv 27 Ok 89 3.4711 Law Mat Mm Mv 30 Ok 89 5381(1) MM*
      569 words
    • Article
      CORPORATE DEVELOPMENTS
      271 22 Apt 21 AmelgMuted StMl Mb Bhd has acquired 5,494,051 more Lion Corporation Bhd shares, bringing its shareholding in the company to 16,479,051 shares. tori 20 hp Offset Ptates Manufacturing has subscribed for 700,000 new shares m Fuji Printing Cylinder Pte Ltd at $1 per share. Apri It Hnht
      271 words
    • Article
      APPROVED ISSUES
      295 22 Ctwpmy Rtgfct* Htm Ow-to< orw |185 par jhar* Ei«t 23 Books One May 7 Atctpunca 4 Ppywant WYA MM Ona-tor tour MS2 40 P* *are Ei-Mr Mar I Books ctosa Mar 22 *cc«ptanci 4 fp|—t May 10 Dm Hm CapM tatrvctimni Sdwm (C«) nvotwm Hit crnMv o< 75
      295 words
    • Article
      BONDS, LOANS & WARRANTS
      621 22 BONDS, LOANS WARRANTS C-»—y Cmwata pmU4 Cwrarata *wtr mm iitairy Mn C—aray I— J M 2/10/19 to 20/10/94 1 warrant plus $1 a* or I warrant ptos f SI wound mwunt of loan dock O—taltaa Oh Mf II Mrcti 17 to 31/12/91 1.55 wrwb pto 11.56 cart. Qm Mq MM
      621 words
    • Article
      COMPANY MEETINGS
      234 22 (MM Owiw Land LMted: 27th AGM at the Board Room. 30th Storey, UOB Building, 1 Bonham Street, Singapore 0104 on Tuesday, Apr 24, at 12 noon. Bolton Properties Bhd: EGM at Room 502, sth Floor, Campbell Complex, iatan Dang Wangi, ***** Kuala Lumpur on Wednesday, Apr 25, at
      234 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      258 22 CmCORPO CITIBAN< Citicorp School of Finance Asia Pacific Banking Institute A Subsidiary of Citicorp presents 14 -17 May 1990 Singapore US $2,000 WHAT IS THE RATE RISK MANAGEMENT GAME? It is an intensive four-day course which provides a basic understanding of the functioning of the principal interest rate and exchange
      258 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Pre-holiday caution sends Nikkei lower
      2268 23 Reuter TOKYO STOCKS closed broadly down but off their lows in extremely thin trading as pre-holi-day caution and worries about Wall Street declines drove players to the sidelines yesterday. An early rebound is unlikely ahead of three market holidays in Japan next week, brokers said.
      Reuter  -  2,268 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market still dominated by cautious optimism
      2625 23 Reuter CONSOLIDATION after last week's strong performance kept Hongkong trading within a narrow range and the Hang Seng Index shed 10.44 points to 3,056.86 yesterday. Turnover was HK$l.32 billion against HK$l.55 billion last Friday. The key index had stayed little-changed in the morning session
      Reuter  -  2,625 words
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  • REGIONAL STOCK MARKETS
    • Australian prices close sharply lower
      • Article
        Untitled
        88 24 Apr 23 Apr 20 SYDNEY AH Ordinanoa Index 1,444.1 1,491.4 -7.3 All Induitrials Index 2.311.2 2,323.7 -13.9 All Kciourrcs Index 132.8 833.4 -2.6 Turnover (million) 62.67 16.2 -23.53 BANGKOK SET Index 844.33 840.36 3.99 Turnover (nearest TOO) 11.723 14.967 -3,244 JAKARTA Composite Index 643.91 641.49 +2.42 Turnover (nearest *000) 11,380
        88 words
      • Article
        Untitled
        300 24 la fecal eanaacy la SI la U8I day %ymt fey %ymt fey far Apr 20 Iafex chaaw cfeap chaags chaag» cfe—i cfe—i World 411.2 +0.3 -11.6 -0.2 -13.4 -0.2 -142 1EAFE 377.4 +0.2 -13.2 -0.1 -19.9 -0.2 -119 Europe 433.4 +0.3 -3.4 0.0 -2.9 0.0 -1.6 Pactfc 984.3 +0.1 -22.3
        300 words
      • Article
        SYDNEY
        1043 24 HEAVY SELLING in some leading industrial stocks pushed Australia's snare market to a sharply weaker close yesterday, brokers said. The All Ordinaries Index finished 7.3 points off at 1,484.1, only slightly up from its low at 1,483.2, while the All Industrials Index tumbled 13.9 points to 2,311.2. "The falls
        1,043 words
      • Article
        BANGKOK
        578 24 THE STOCK EXCHANGE of Thailand index closed 3.99 points hiaher at 844.55 on a turnover of 11,723,186 shares worth 1,516.01 million baht. The Bookclub Index finish 3.96 points higher at 734.66. Bangkok Baht VoHW) Alucon Manufact 514 14 85 American Stand* Asia Credit 91 5899 Asia Hotel 215 18
        578 words
      • Article
        NEW ZEALAND
        412 24 NEW ZEALAND SHARES closed slightly higher with some renewed interest in second line stocks yesterday, but brokers see a quiet week ahead due to the Anzac day holiday tomorrow. The Barclays index estimate finished up 6.40 points at 1,753.93 and turnover was light. Some players were quietly soaking
        412 words
      • Article
        TAIPEI
        340 24 TAIWAN STOCKS reversed early losses on investor bargain-hunting in the r wS33a y 5n < S B 62.70 points to end at 9,428.63 against Saturday's 9,365.93 finish. Turnover rose to NT5116.6 billion frorp NTSIIO billion. Dealers said periodic corrections would continue, but the near-term outlook might be improving. "Growing
        340 words
      • Article
        MANILA
        449 24 MANILA SHARES yesterday feil across the board in listless trading traced to the uncertain political situation and a power crisis that has forced the government to implement a power rationing programme. The Manila Stock Exchange Composite Index fell 12.46 points to close at 1,062,85. The combined volume at the
        449 words
      • Article
        JAKARTA
        418 24 THE JAKARTA stock index closed 2.42 points higher at 643.91 with sentiment generally bullish yesterday, brokers said. Strong demand for Bank Niaga and! United Tractors sent turnover up sharply to 11.58 million shares from 4.46 million on Friday. Bank Niaga was the most heavily traded at 6.65 million shares.
        418 words
      • Article
        SEOUL
        887 24 SEOUL'S stock market, which opened hours late due to a computer failure, faltered on disappointment when certain supportive rumours were proved wrong yesterday, broken said. The Composite Index closed at 774.40, shedding 5.64 points from the previous session. Turnover was low at 83.7 billion won, mainly due to the
        887 words
      • Article
        Lock icon BOMBAY
        116 24 Reuter BOMBAY share prices recovered from a weak start to finish selectively higher in dull trading yesterday. Broken said the market was concerned that the government may not raise administered prices of commodities such as steel and fertilisers because they might add to inflation. The Bombay Stock Exchange rote
        Reuter  -  116 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Bonn's exchange rate offer to East Germany firms dollar
      1122 25 FOREX MARKET REPORTS THE US DOLLAR moved up slightly during early trading in Europe yesterday following news that the West German government will offer to convert East German wages and much of the country's savings at a one-for-one rate into West
      1,122 words
    • Article
      INTERBANK FOREX RATES
      391 25 Cross rates Apr 23 USS SS MS Dm Yen SFr AJ NZS USS 1.8775 2.7195 1.6935 157.35 0.6109 1.4915 1.2979 1.7153 SS 0.5326 1.4485 0.9020 0.8381 0.3254 0.7944 0.6913 0.9136 MS 0.3677 69.04 0.6227 0.5786 0.2246 0.5484 0.4772 0.6307 Dm 0.5905 1.1087 1.6058 92.91 0.3607 0.8807 0.7664
      391 words
    • Article
      MONEY MARKET
      570 25 Interbank rates S$ Bid Offer Overnight 6 1/2 6 1/4 1-montn 6 1/2 6 5/8 2-month 6 5/8 6 3/4 3-month 6 11/16 6 13/16 Overnight mode: 6-3/8 US$ Bid Offer 7 days 8 3/8 8 1/2 1 month 8 3/8 8 1/2 2 months 8 7/16 8
      570 words
    • Article
      Lock icon Loans by UK clearing banks up £3.5b
      291 25 Reuter TOTAL clearing bank lending to the UK private sector in March, seasonally adjusted, rose by some £3.5 billion, the London Banking Information Service said. This compares with an increase of £3.6 billion in February. Most of this rise came from advances, which
      Reuter  -  291 words
    • Article, Illustration
      Lock icon NZ rates still too high: Palmer
      247 25 Reuter NEW ZEALAND Prime Minister Geoffrey Palmer yesterday welcomed a drop in consumer price inflation in the first quarter of 1990 but said interest rates were still too high. "That inflation figure means that the government's economic targets in that area are certainly being
      Reuter  -  247 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1303 25 MB HHODWIH Open High Low Sett Eat Vol Op/lnt Vol Jun 90 91.30 91.30 91.27 91.28 7855 ***** 4436 Sep 90 91.14 91.14 91.09 91.11 5566 6540 4052 Dec 90 90.91 90.91 90.89 90.90 940 2605 698 Mar 91 90 80 90.81 90.79 90.79 170 645
      1,303 words
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  • COMMODITIES
    • Article
      Lock icon Gas set to be Indonesia's chief export
      331 26 Bernama LIQUEFIED natural gas and petroleum gas are expected to become Indonesia's largest foreign exchange earner in the 1990s as the country's crude oil reserves dwindle, Mines and Energy Minister Ginandjar Kartasasmita said yesterday. Indonesia's proven gas reserves in excess of 90 trillion
      Bernama  -  331 words
    • Article
      Indonesia ready to help M'sian timber industry
      167 26 INDONESIA is ready to help Malaysia develop its timber processing industry in the areas of technology, skilled labour and finance. Executive director of the Indonesian Wood Panel Association (Apkindo), Mr Tjipto Wignjoprajitno, said Indonesia offered assistance to Malaysia since 1987 but there had
      167 words
    • Article
      Lock icon Jakarta fears effect of low oil price
      280 26 Reuter INDONESIA, worried that a new-look Eastern Europe may steal its aid, now appears to be in with a good chance for another record amount from donors. But it may not be able to use it all if oil prices fall much further
      Reuter  -  280 words
    • Article
      Gold closes easier in quiet and thin trade
      855 26 REPORTS HONGKONG: Gold closed easier on a softer silver price in quiet and thin trade. "Selling pressure on gold was stimulated by a local commission house selling silver which depressed the silver prices in late trade," one dealer said. A slightly firmer
      855 words
    • Article
      PRICES
      1357 26 Rubber Apr 20 >M(WliMi») S cents/kg Noon Close Int I RSS Prompt I54.2VI55.25N 154.50/155.50 Int I RSSMay 90 157.25/157.75 I57.5WI58.00 Int I RSS June I59.7VI60.25 *****/160.50 Int 2 RSS OP 152.00/154.00N 152.2 V154.25N Int 3 RSS OP 146.50/148 50N I46.7VI48.75N Int 4 RSS OP 142.50/144 50N I42.7V144.75N Int 5
      1,357 words
  • Page 26 Advertisements
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      1142 26 NOTICES OVERSEAS UNION BANK LIMITED (Incorporated In tho Republic of Singapore) USD 100,000,000 SUBORDINATED FLOATING RATE NOTES DUE 2011 (REDEEMABLE AT THE OPTION OF THE NOTEHOLDERS IN 1996 AND 2006) In accordance with the provisions of the notes, notice is hereby given that the rate of interest for the six
      1,142 words
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      Page 26 Advertisements Column 2
      16 26 Read Chartpoint, a guide to i investing in the stock market. Every Saturday in Business Times.
      16 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    898 27 cny Fight ETA Fight ETB j CNy Fight ETA Fight ETP AhuDhahi GA893 1045 GA892 0110 Mta Iflaahahl MH631 1530 MH630 1020 GA974 2359 MH640 0810 MH602 0030 so226 2035 UF82 2200 MH630 0930 SO 102 0730 ili5 GAW2 OHO SQ103 0950 MH604 0700 S& 7
    898 words
  • THE TRAVEL PAGE
    • Article
      A British outpost in the heart of Africa
      839 27  -  LETTER FROM MUFINDI ?y Nicholas Woodsworth ON MY Michelin map of Africa it looked substantial enough: a thick red line running from Dar-cs-Salaam on the coast of Tanzania to the Zambian capital of Lusaka, high on the continent's southern plateau. The name,
      839 words
    • Article
      MONEY CHANGER RATES
      153 27 At at 3pm yesterday: Load dollars to oae unit of foreign currency Currencies Bid Offer Australian dollar 1.4370 I.4S70 Canadian dollar 1.3980 1.6180 NZ dollar 1.0783 I.I 183 Sterling pound 3.0540 3.0840 US dollar 1.8730 1.8830 Local dollars to 100 units of lorrign currency Austrian schilling 13.40
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      114 27 Duration Title Venue Organiser Tel Apr 21-26 International Motorcar Business and Aocenones Exhibition Barcelona Feria di Barcelona (34)3/*****01 Apr 24-21 Exhibition of the of Synthetic Materials A Composites Belgium Fouc Internationale De Bruxelles A.S.B.L (32)2/*****77 Apr 25May 1 Zimbabwe International Trade Fair Zimbabwe Zimbabwe International Trade Fair
      114 words
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      Page 27 Advertisements Column 1
      47 27 XTTTW VCiVY ttttSZzzisz l\l ill/ I IIY Iv Airport at 21:55 houri ind arrmn| it La y j[ V J[ \J[ X,, Gwardia or fitmui International Airports the following day Call yottr travel agent or Air Canada at 732 tiff. A BREATH OF FRESH AIR Air Canada
      47 words
    • Advertisement
      Page 27 Advertisements Column 2
      162 27 200.000 SQ. FT. OF OFFICE FLOOR AREA? e> r m preparing a quote on a major design project by including visual references. With Polaroid's Spectra Camera, estimating, bidding and designing N, £v become that much easier and more precise because you can bring worksites I back to the office and
      162 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      194 27 6 Leading character on the 10 Bound to hurt one's feelto do so in a cut- JR I |H HH— ting in a round (7) 24 Ship's company in a state tives (5) 29 Staunch supporter (4) character-forming styles (8) 30 Cries in the post very 4 $ce down chancy
      194 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      223 27 Singapore OUTLOOK: Showers over several areas in the enrty morning and Inte afternoon Report for 24 hours prior to 7.30pm on Apr 23 at the airport: Max leap 346 Assoc humidity 55 Mia imp 25J Assoc humidity 85 tin of sunshine 9.55 Raialall in mm trace Rainfall thbmth.™ 50.5 Forecast
      223 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      13 27 rve BCEM UP-D*T.WG DOI K*XO\ AjjvWS U>RONG Drift *>/ N5-^eT- unpublished IR&OUT stress ?J
      13 words
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  • Article
    Goh: Keep focus on Asia-Pacific
    385 28  -  IDPM's interview with Japanese TV By Martin Soong TOKYO should continue to focus its economic attention on the Asia-Pacific region, rather than follow the West in the drive to wean Eastern Europe from communism, First Deputy Prime Minister Goh Chok Tong told a Japanese audience
    385 words
  • Article
    Lock icon Violence flares up in Kathmandu
    207 28 Reuter SECURITY FORCES yesterday sealed off central Kathmandu and gunshots rang out after demonstrators surged through the streets venting their fury against the police and King Birendra. After hours of violent protests in the Nepalese capital, gunfire was heard as police drove back crowds from
    Reuter  -  207 words
  • Article
    Keep post-1992 trade doors open, urges Goh
    455 28  -  From Anna Teo in LONDON THE NEED to keep the doors of the proposed single European market open to international trade was conveyed by First Deputy Prime Minister Goh Chok Tong in his meeting yesterday with Conservative Party MP Michael Heseltine. Mr Heseltine,
    455 words
  • Article
    Lock icon S Korean economy picks up
    95 28 AFP SOUTH KOREA'S economy grew at an annual rate of 7.1 per cent in real terms during the first quarter of the year, showing a recovery, the central Bank of Korea (BOK) reported yesterday. The country's economic growth was 6.7 per cent last year, and
    AFP  -  95 words
  • Article, Illustration
    No go to Sogo? So where else do the new hotels go?
    662 28  -  77?e Bottom Line CONRAD RAJ CONRAD RAJ The writer is a senior correspondent on BT's Companies Desk THE RECENT DECISION by the Urban Redevelopment Authority to reject Sogo's application to build a hotel in the Cairnhill area once
    662 words
  • Article
    Lock icon Tokyo to widen copyright protection
    261 28 Reuter THE JAPANESE government is to submit a revision to the copyright law in the next regular session of Parliament to extend protection to records imported before 1978. The move, which was announced yesterday, was seen as an attempt to avoid being singled out for
    Reuter  -  261 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      573 28 DaupHiN l f® l °f your back fm\ Dauphin (SEA) Pte Lid =3 _L Tel: *****00 I |< til t I att 9 km OmkhtCmJ hm -1 *|THE SIM 1990 ANNUAL MANAGEMENT LECTURE THE TRANSFORMATIONAL LEADER Moulding Tomorrow's Corporate Winners by: Prof Noel Tichy Professor of Organisation Behaviour and Human
      573 words
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      Page 28 Advertisements Column 2
      232 28 DQUpHIN 9v —v For the life of your bock Dauphin (StA) Pit lid rr Tel: *****00 Hill I« Wf—l I CONSULTANTS I p Our client, the stockbroking arm of a well established financial institution is seeking to appoint a highly dynamic and top-notch y individual to the position of: ft
      232 words
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  • Shipping Times
    • Article
      Hapag-Lloyd shifts control of Asian operations to Singapore
      366 29  -  By Dexter Lee HAPAG-LLOYD, West Germany's largest shipping line, is shifting control of its Asian operations from the head office in Hamburg to its new regional headquarters in Singapore. Mr Olaf von Maydell, currently the president of New York-based Hapag-Lloyd (America), will
      366 words
    • Article, Illustration
      More lines may use Nhava Sheva port
      358 29  -  From Shirish Nadkarni IN BOMBAY AT LEAST five major international shipping lines are seriously considering the introduction of regular sailings from the port of Nhava Sheva in New Bombay, say senior port officials. At the same time, Soviet lines now calling at the
      358 words
    • Article
      Hearing on Indian Airlines crash that killed 90 begins
      367 29  -  From Julie Chatterjee IN BOMBAY A HEARING on the findings of a judicial inquiry into a February crash that killed 90 people in Bangalore starts today in India. After an Indian Airlines A-320 Airbus crashed in Bangalore last February, the Minister
      367 words
    • Article
      Increase of 12pc in HK's airborne merchandise trade
      326 29 HONGKONG'S air cargo traffic rose 12 per cent to HK5234.2 billion last year compared with 1988, with Taiwan as its fastest growing export market. The South China Morning Post reports that air transport moved 29 per cent of domestic exports, 20 per
      326 words
    • Article
      Thai port workers threaten to strike
      158 29 WORKERS at Bangkok Port have threatened to strike today or tomorrow in a renewed move to prevent the government from allowing private companies to run two piers at the new Laem Chabang port. A port union leader said about 800 workers have voted to
      158 words
    • Article
      Lock icon Japan to ask builders not to boost output
      334 29 Reuter THE JAPANESE Transport Ministry will soon instruct Japanese shipbuilders not to boost their production volumes to raise their combined world market share from the current level of around 50 per cent, a Tokyo financial newspaper reported Monday. The Nihon Keizai Shimbun,
      Reuter  -  334 words
    • Article
      Filipino firms assured of larger cargo share
      143 29  -  By Al O Labita THE STATE-RUN Philippine Shippers' Council (Shippercon) has assured Filipino shipping companies of a substantial market share in the shipment of the country's import and export cargoes. Under a presidential edict, Philippine-flagged vessels are given preference as carriers of government
      143 words
    • NEWS SUMMARY
      • Article
        Workers to stage slowdown at Hyundai
        54 29 THOUSANDS of workers at South Korea's largest shipyard staged a work slowdown yesterday and union leaden said they would call a general strike if four union members were not released from jail Union leaders at Hyundai Heavy Industries Co said about 20,000 workers joined
        54 words
      • Article
        Lock icon Aussie flights may be disrupted next week
        62 29 Reuter DOMESTIC and international flights in Australia may face disruption next week because of industrial action by aircraft engineers protesting at new Civil Aviation Authority (CAA) licensing proposals. Australian Licensed Aircraft Engineers Association industrial manager Brian Farnham said the association, which represents 2,300
        Reuter  -  62 words
      • Article
        It's time to accept the little black box
        61 29 FOR more than 40 years the little black box, or flight recorder, has been widely accepted in aviation. While it has not caught on in shipping, the fact that the black box can present a lot more than evidence after the accident
        61 words
      • Article
        Aquino vows to improve air services
        37 29 PRESIDENT Corazon Aquino has vowed to improve air transportation and the safety of domestic shipping in the Philippines, where the world's worst peacetime sea disaster occurred three years ago Back Page
        37 words
    • LOG BOOK
      • Article
        C Itoh forms new subsidiary
        122 30 JAPAN'S C Itoh Co has formed a new subsidiary to handle airplane leasing operations in Japan, the US and Europe. The subsidiary, based in Japan, is capitalised at 100 million yen, with C Itoh and Mitsui Trust Banking Co owning 95 per cent and 5
        122 words
      • Article
        Sino-Soviet rail link
        121 30 CHINA EXPECTS A new rail link with the Soviet Union to be finished in September, enabling shippers to slash the cost of moving goods between Europe and Asia by up to 20 per cent. The line through the far-west Xinjiang region will link up with Soviet tracks
        121 words
      • Article
        Mandatory piloting urged
        59 30 CALLS FOR PILOTING to be mandatory for all ships transiting the inside passage of Australia's Great Barrier Reef have been renewed following the grounding of a ship over the Easter holidays. The 3000-tonne Indonesian cargo ship Carakajayaniaga-3 was reportedly grounded on South Warden Reef, about 200 km
        59 words
      • Article
        Aussie sheep rejected again
        133 30 AUTHORITIES IN THE United Arab Emirates (UAE) are to ban the entry of two ships they believe are carrying Australian sheep, port officials in Ras A 1 Khaimah said on Sunday. They said the vessels, known to them only as the Unicef and Arwa, were expected
        133 words
      • Article
        Boat fair in Thailand
        62 30 A BOAT FAIR, bringing together the designs of Thai and Taiwanese producers, will be held in Thailand at Amphom Gardens from April 25 to May I. Boat Show '90 will feature Thailand's eight leading producers and distributors of Thai boats. These are Four Sea Marine, Euro-Thai
        62 words
    • Article, Illustration
      Lock icon Lessons from a little black box
      1021 30 In the world of aviation, planes have long accepted the need to carry a flight recorder. Commercial ships, however, have so far resisted being fitted with a similar recording device. Now things may be changing. Lloyd's Maritime Asia FOR upwards of 40 years, the
      Lloyd's Maritime Asia  -  1,021 words
    • Article
      TRANSPORT DIARY
      928 30 Feb 7-Jun 6: Sea Transport covers transport geography, liner and tnunp shipping, conducted by the Singapore Freight Forwarders Associatioa. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, tel ao: *****45 Feb 22-May 3: International Freight Forwarding L, contacted by the Singapore Freight Forwarders Association. The Manager,
      928 words
    • Article
      THE SHIPPING GUIDE
      12190 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,190 words
    • Article
      SHIPPING AGENTS
      3314 43 A. BC Coataiaeriiae NV: KYC Line (Syßenown Shpg (PK/PN). Accord Shpg: Accord Shpg Ptc Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkris Basiaess Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkid Liner Service; Kim Shpg A Trdg(S). Aibatros Sea-Air Service:
      3,314 words
    • Article
      COURIER SERVICES
      203 43 AkanCoakn Tet 345-4011, 448-6415. Ak Express Scrrtoc Tet 533-5771. Fix: *****44. Akknt Freight Corporation Tel: 542-8844. Fax: *****16, *****80 Clty-Liak lateraatkaal TeL 344-3377. Fax: *****50. Claater Uak Sappika A Services TeL 296-5720. DHL lateraatkaal Tet 344-8955, 344-8933. Fax. *****61. DPECMriar Tet 284-6611 (7 lines). Fax: *****88 Emtrj Worldwide
      203 words
    • Article
      AIR FORWARDERS
      1296 43 \bcx Lx|ress Freight Tet 542-7171. Fax: *****84. Actfak Farwwdar Tet 225-1833. Fax: *****42. Sl^porr Tet 542-7822. Fax: *****20. AaraMak KG FMgkt lateraatkaal Tet 545-5991 T* 542.5911. Fax: *****18. AkGaqgaNaaaEappaaa Tet 542-5454. Fax: *****06. Ak Expreaa lateraatkaal Tet 542-7666. Fax: *****74, *****50. Ak Market Expraaa Tet 542-5966. Fax: *****10.
      1,296 words
    • Article
      PORT CONDITIONS
      2053 44 ANGOLA Soyo; One vessel berthed, none anchored; 6 vessels due by April 30. Ijanda Seven vessels berthed of which 3 general, 2 bulkers, 2 reefers; no vessels anchored; 12 vessels due by April 30. ARGENTINA Labour working normally. Buenos Aires: Port busy; all general cargo berths occupied; no
      2,053 words
    • Article
      AIR FREIGHT SCHEDULE
      494 44 ARRIVALS DEPARTURES <>p Might Type ETA From Op Flight Type ETD To TODAY TODAY KAl KE697 B747F 0155 SEL RJA RJ025 B70F 0001 BOM/AMM NCA k/205 B747F 02J5 NRT FDX FM66 B747F 0200 BKK/HKG/ JAI J 1.617 B747F 0345 TYO NRT/ANC/ CLX CV7% B747F 2359 LUX/DXB/HKG ORD/LCK/
      494 words
    • Article
      SHIP SALES & TANKER RATES
      484 44 SHIP SALES TANKER RATES rHfc ROYAL Dutch/Shell group bought four tankers from the trustees of the estate of the late Christina Onassis and the Onassis group of companies. These are the Olympic Banner (268.889 dwt and built 1972), Olympic Bnlhancc (269.070 dwt and built 1973). Aristotle S. Onassis (273.900 dwt
      484 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        523 45 MM) laii ■a* Mm J— "Si K17 daapiia 23.04/ 1700 Kip Swim 03/90A C09 25.04/ 2200 Koto Mm 5 K30 itayato 25.04/ 0800 Hob Abai E-847 K31 dnr* 1 25.04/ 1830 Koto Mm 19/90 K32 ikwcadt 2104/ 0400 Nk Skaaka 8048 K1S itoapMi 23.04/ 1700 Pnyat 1
        523 words
      • Article
        CONTAINER SCHEDULE
        1498 45 Ji,l» JIM -IV 9# fey Nl frr Date TtM fim T« Bi M 1 k 0» Gdn Aca Concord OS/364 26.04.90 0700 24/1330 24/1429 Pi 25/0430 25/0459 rtnet 1 00 F05 Anaai *****N 25.04.90 0700 24/0000 24/0029 Pi 24/1300 24/1329 Pi 24/2100 24/2129 Dt rtnet rtnet ic tai
        1,498 words
      • Article
        IN MALAYSIAN PORTS
        299 45 Nrt W—t Souli Nrt: Gfaoa berth 1; Kobe J berth 2; Hong Soon I I. ,li 71, n«iin li .Hi I OkJI Dertn /A, retro vantap Denn J snal KCT: Anro Melbourne berth 8; Sea Leopard berth 8; Saudi Tabuk berth 9; Ocean Centaurus berth 10; Thana
        299 words
      • Article
        DAILY FREIGHTS
        987 45 THE RECENT fall in rates on the freight r market gathered momentum amid reports on S Friday of sharply easier levels in key grain routes. Dealers said there was a fixture on the US I Gulf? Japan grain run at U5523.75 and un- t confirmed talk that $23.50
        987 words
    • Article
      Lock icon Search for three missing seamen called off
      234 46 AFP THE SEARCH for three seamen missing and presumed dead since their cargo ship sank in a collision off Hongkong last Friday has been called off, a government spokesman said on Saturday. Meanwhile, another collision off China's Hainan island left an oil slick,
      AFP  -  234 words
    • Article, Illustration
      Lock icon Aquino pledges safer femes, more flights
      341 46 AFP PRESIDENT Corazon Aquino pledged on Sunday to improve air transportation and the safety of domestic shipping in the Philippines, where the world's worst peace-time sea disaster occurred three years ago. "Navigational facilities are being improved and present rules and regulations reviewed to ensure
      AFP  -  341 words
    • Article
      Indonesian firm to order Caraka III-type ships
      256 46 ANOTHER 24 Caraka Illtype ships will be ordered by Indonesia's National Mercantile Fleet Development Company (PT Pann) at local shipyards to meet the growing demand for merchant vessels, says company president W M Nayoan. Nayoan told Antara news agency recently that the purchase
      256 words
    • Article
      Lock icon Venezuela to choose partners for gas project
      302 46 Reuter VENEZUELA intends to choose its international partners within the next six weeks for a USS3 billion project to develop a vast offshore gas field in the Gulf of Paria, a top oil executive said. The newly appointed chairman of state oil company
      Reuter  -  302 words
    • Article
      Philippine ports handling more boxes
      165 46  -  By Al O Labita CONTAINERISED traffic at Philippine poets, especially in foreign boxed cargo, showed a marked improvement at the end of 1989. The Philippine Ports Authority said the number of boxes handled increased by 21.7 per cent to 1.3 million TEUs over the previous
      165 words
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      Page 29 Advertisements Column 1
      194 29 fSWB HENS MET* CO PIE LTD i x TU*e *v« i«. WNOAFoee tea tojex w iobts smmcm. TEL: Ml MM <SMM TMttW* wnwoeiiONwwvtTiowiawMMiowunwiwww WE GIVE YOU AUSTRALIA aSME'-St ?5 M—— Sailing every 8 days to the East Coast Every 14 days to the South West Coast Fast transit times WE
      194 words
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      Page 29 Advertisements Column 2
      40 29 MB ID MMrtnre 3 Staff* Go* 10.11 MrNnwfcn 15 Corar Strwcs 15 Sh*M|AfMtS Mr Fratftf SdwMt 16 Port CooMora 16 SMMh/T«M MM 16 r,ii<— SdwMi 17 (My Fn«Ms 17 Ship* Art 17 Sappora Titos 17 IMw mt SM Cotfbore -17
      40 words
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  • Page 30 Advertisements
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      128 30 SINGAPORE BUSINESS/SAMSONITE SUBSCRIPTION PROMOTION I i THIS MONTH'S LUCKY DRAW PRIZE W-*"•1 1 s?• r t*~? »S3 :V irktifp f nnrp.,rt nrfcit) ;■'M RM I SUBSCRIPTION/RENEWAL FORM I (Subscription/renewal orders received by 27th April'9o will be entitled to the lucky draw.which will be held on JOth April'9o)| Name: Address:— i
      128 words
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      2207 31 Im»I jardine shipping agencies 200 CMtonmwt Road #12 OS Singapore 0208 jBKU&w tm *****11 telex no rs 2*179 W Iff Hill! TCTMINAL/CFS Td *****11 220 Bmnin BOOKINGS Td *****34 23S J PESAKA J Alt DINE SNIPPING AGENCIES SON. MO. MM PORT KELANG TEL *****18 TELEX NO. MA*****/MA***** i: i.T PENANG
      2,207 words
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      Page 31 Advertisements Column 2
      994 31 MDEX TOfIDVERTCKS \'**t c®i w lAI 1 H I ABC ConUinerline 13 5 Nan-Shin Shpg 5 1/2 Accord Shpg 8 3-5 «Nantai Line 6 I Albatroa Sea-Air 14 S Nedlloyd Lines 9 3-3 APC Line 14 4 «NOL 7 1-3 APL 5 3-5 New Straits Shpg 14 5 Arrow Lines
      994 words
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      Page 31 Advertisements Column 3
      2091 31 y Vaaaai Voy ETA ETC -Port -Panang mmmm K»tanQ DESTINATIONS tum —n inn» m ciquh thw fwh. by nue—■■ t*t* o*oo HRS M Fwo* a CF9 BBM 1900 MRS M Tauro OAK LOB HOU MEM ATI MIA CHB BAL PHL NVC MOM TOM "MAftljoJ~~~ 9004 mPI M SU fad 124
      2,091 words
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      935 32 djf (sj/MBAIMI PTE LTD ON SATURDAY, 28 APRIL 1990, WE WILL BE MOVING TO: 17, UPPER CIRCULAR RD #02-00 JUTA BUILDING SINGAPORE 0105 OUR CONTACT NUMBERS ARE: TEL- 534-0456 221-0108 (SALES/ BOOKINGS) FAX: 534-0040 TELEX: RS ***** trans pacific service TJf WEEKLY FULL CONTAINER SERVICE TO IMA SIN HKG I
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      Page 32 Advertisements Column 2
      490 32 SOUTH PACIFIC SERVICE SIN ran LAE SUV PPT IRINI 6/5 8/5 15/5 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO IRINI 25/4 29/5 1/6 4/6 6/6 Singapore mmboo" BOOKINGS: 13I01M VPENANG= < JOHORK: wornwouMDTQUKC s-pore Irom/a'Qam nk nulku.k.) TAUSALA SAMOA V.I7W hi Pert MM N0 M/ 5 CLrOOAMK VJM
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      Page 32 Advertisements Column 3
      1068 32 H— laaia &xmm: REQULAR MOCPENOENT FULL CONT/UMER SERVICE WESTBOUND FOR EUROPE «L/VOY SIN CLM VLT PRS ALG BCL FEL HAM BRE ROT ANT LHA (VU (VIA (VIA VLT) HAM) MT) WRASIA SNARJAH 9000-3 MM 0W 14/05 1M» 19M5 21/05 23/05 25/05 21/06 27/05 WOS 29/06 DOR ASIA MUBARAK 9000-3 06/06
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      1487 33 SjjgSteainers Maritime Holdings Ltd > PJg.n I f STRAITS SHIPPING JL 19bv r SkMMaca ta Bmml East NWavsia. Containers Spare P.KImTI S'ton N'burf B Kawn R dam La* ACCEPTS DUE SAILS LAUGS BAY 2V04 27* M IMB 17/05 IMB W5 22,W CARGO MONTI ROSA nm M BINTANG SERIA V(*E Sibu.
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      Page 33 Advertisements Column 2
      1792 33 TO: EUROPE TO: FAR EAST SP LH ROM HAM B'HVN FIX SPORE HK KAO KOB BU HANJIN ROTTERDAM 00IW 21/4 16/5 17/5 11/5 20/5 21)5 HANJIN FELIXSTOWE 001E 30/4 3/5 4/5 7/5 10/5 CHOVANG CHANCE 047W 5/5 23/5 24/5 25/5 27/5 21/5 CHOYANC PARK 007E 7/5 11)5 12/5 15/5 17/5
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      Page 33 Advertisements Column 3
      27 33 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 7/5 KARACHI Ago* »MuaiW> ICHt N.T.Y DttMPOHTATON 00. pre) LID. Tot BMB Ttc m 2WII Fac 2298 M
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      Page 33 Advertisements Column 4
      326 33 SINGAPORE CALCUTTA AND SINGAPORE CHITTAGONG CONVENTIONAL SERVICE EASTERN CAR LINER LTD IS PLEASED TO ANNOUNCE THE LAUNCHING OF OUR NEW AND DEDICATED CONVENTIONAL SERVICE TO CALCUTTA AND CHITTAGONG M.V. ASIAN STAR V.No. 113 ETA SPORE 13.6.90 WE WELCOME YOUR ENQUIRY IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK
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      628 34 A Joint Europe Service 01: P.T. MKMTt um M. KtM um P.T. SUMKM HHHHKSU e P.T. THIKOM LLOYD > CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSLyVOY S PORE R DAM/ H BURG BREMEN ANTWERP ADAM MATARAM/HWB O/4-ljS i/f 10/6 2/t 15/6 BAAB ULLAH/22W8 2S-21/S 25/6 1/7 4/7 7/7 FAST TRANSIT
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      863 34 16?) HANJIN SHIPPING I yy <9 FULL container service IS'pore I LeHavre R'dam H'bw| B'havw f«tow« FEEDER VSL SIN LINE HAUL LAX OAK 28/4 16/5 17/5 18/5 20/5 21/5 HANJIN FELIXSTOWE «1E 30/4 H. SUSAN 100E Tift 27/5 5/5 23/5 24/5 25/5 27/5 28/5 CHOYANC PARK «7t 7/5 H. POHANC
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      Page 34 Advertisements Column 3
      62 34 SOON KIAT SHIPPING PTE LTD 3 SHENTON WAY #20-05/06 SHENTON HOUSE REGULAR SERVICE TO SARAWAK BRUNEI SPORE Maju Yonf Hua 08/90 Bintulu/*iri/K Belait Mffi Sri Pujut 07/90 Bintulu/Miri/K Wait ***** S wee Ann Situ 02/91 Port Kelanf 30/04 Receiving cargo at Patir Panjang P2 Accepting fCL and reefer container and
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      Page 34 Advertisements Column 4
      1545 34 T J d T rT"TETEPI^^ IPKL SCP HKG KSG KLC PUS MKT 0» TTO ML UN AM IK (U HN I EVER GROWTH 21/42*4 102*4 4/5 7/5 *0110 140 1/6 1* *6 21/6 22/5 M/ 5 17/7 EVER GOING 4/5 9 b 10,5 U/5 14/5 16/5 110 21/5 150 26/5
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      1740 35 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) BOOKINGS/ENQUIRIES: UK/EUROPE SERVICE *****19 AUST/INDIA/PAK SERVICE *****18 B K USA SERVICE *****16 FAR EAST SERVICE *****48 K DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CPS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4 jlr.rsr as ss ss.
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      Page 35 Advertisements Column 2
      1197 35 SMSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND ytSSELS VOYAGE |STOW [MANILA HKONt~ VOTACE SWM HUANG MUM O'HAVEN TItWOT ROTT AJITWEK? n. noaovsKir
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      1066 36 -JfE^fcfc^-■ jfc I^lB?Jfc A A A MWCnivM-M I LMW lIV* VVA9I IllliUiSlilH VOY *INDO 'PK/PNG |~SGP LB CNLS NFK NYC HFX I OOCL FRIENDSHIP 19 23/4 24/4 26/4 19/5 29/5 31/5 2/6 6/6 I NEPTUNE JADE 24 30/4 1/5 3/5 26/5 5/6 7/6 9/6 13/6 OOCL FORTUNE 20 7/5 8/5
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      Page 36 Advertisements Column 2
      710 36 ETD SIN (1 DAY) ♦(1 DAY) ♦(1 DAY) BOOKING CONTACT fe. H 27/04/90 KFt Awn PPMAWr RAMftKnK ITACQUELINE 1 TWICE/WKLY ETD SIN (3 DAYS) *(2 DAYS) +(1 DAY) I I 1— HnWR KnWC KAnHSmNG KEELUWG gSS 1 JOYCE/JUDY TWICE/WKLY ETD SIN (6 DAYS) ♦(1 DAY) f~ ♦(•DAYS) I"" MONMOCONTACT w
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      Page 36 Advertisements Column 3
      304 36 Confine"fa# Pacific Shipping wr TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR ARTEWSION Sid STTE/ROK/ANT^LU/UK BYRON V Sid Ski 2C/4 SETE/RDlty ANT/FLU/UK ARBELA SM SETE/RO^ANT/FLUfUK Loads Sabah/lnbonetia ®MULTIPORT AGENCIES (S) PTE. LTD. TEL: *****77 FAX: 2233*31 P.K. MULTTPORT SON BHD. TEL: 3442*09 TLX: MA M77C MULTRA PNO
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      Page 36 Advertisements Column 4
      597 36 /\y?Sl GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD S. Tttok Ay«r Street SINGAPORE 01M 1 TEL *****H (10 LINES) Fa*: *****04 (CR No HUISaOOOM) STRAITS/PERSIAN GULF SERVICE: S*pore P. Ketor* Penan« QOLDEN BEAR Cotomtxx K**Sii'oub»i MO May GOLDEN HARVEST Cotanbo/Karadti/Outoi 2W» War CHINA SERVICE DAI TUN SHAN 21/21 Apr CASABLANCA
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      Page 37 Advertisements Column 1
      1651 37 PACIFIC INTERNATIONAL LINES (PTE) LTD c ':'-o D mM tm iBV P,L Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I I BANGKOK 1 VESSEL VOY JUT SIN VESSEL VOY SIN BKK SIN EO«N 8011 28/4 27/4 2/5 KOTA SINGA (MM 28/4 28/4 Ti DELTA MAS IS2S 29/4 2/8
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      Page 37 Advertisements Column 2
      1103 37 r BEN LINE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** tf*EXPRESS CONTAINER SERVICE TO UK/CONTMBHH VESSEL |VOY SPO«E PKLANG SHAMPTON HAMBURG BHAVEN ROAM LHAVRE Largs Bay 20/549 25/4 27/4 15/5 19/5 21/5 17/5 23/5 Monte Rosa* 07/548 26/4 21/5 15/5
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      Page 37 Advertisements Column 3
      285 37 M MYANMA W FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen Bkok PAGAN VISSW 21/2S APt PATHEIN VIOIW 24/30 APR MYOMArWA VI26W »APRfI MAY 25-21 AMI 21-24 APR MERGUI V 99* 2t APR/1 BAY DISCHG ONLY HPA-AN Vl49# 2/C HAY <2* THE BANK LINE (A
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      725 40 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO UNITED KINGDOM NORTH CONTINENT EUROPE OUTBOUND SIN ftX BRE RDM ANT HBC RST W. ULBRICHT 4/tt 01/5 W 24/5 26/5 27/5 PANAMA SEN WFOU 12/S 05/6 06/6 00* W 05/6 T. WEND* 5W 23/5 16/6 16/6 l(/5 AMERICAN SEN WFOli 2*5 21*
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      Page 40 Advertisements Column 2
      1403 40 we cownprnowu —gSI Vmml P KLG PNC PC. Loa*m tar TONGCHUAN 30/3 Ro«»f<*»/AJrtwwp YANGCHUAN 21/4 RcttorOam/AnhMro CHINA rvu. COWTAOTI MKMVKJt Vmml PKL PNG SPORE BKK HKG SHA QIN LYG WEI HE 50 27/3 25/3 31/3 *4 10/4 YANG FANG KOU 125 31/3 25/3 5/4 11/4 I*4 20/4 Accepting FCL Carp
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      Page 40 Advertisements Column 3
      604 40 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-I-Sharif, Mashad, Kushka II RAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :25/4, 2/5, 12/5, 17/5, 23/5, 28/5, 5/6 I EUROPE 1 To all inland points:
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      Page 40 Advertisements Column 4
      502 40 ASEAN Ngow~Hock maxa BMUM WW 9* an s«t W s MEKHAWIK KUBAKO WW fri 27/4 Mw 3»4 SIBI Won 444W fri VH Urn m JHA BHUtr 05W Sat 21/4 Tin Iff PIYA BHUM as M H< T" V* MAMA BHUM 07W Tlw 3/5 Sat MEKHAWIK KUBAKO dh Fri 4/5 Wow
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      1113 41 (Conventional Service) ETA S'PORE LOADING FOR BANGLAR PROGOTI Sid S.KOREA/JAPAN BANGLAR SWAPNA 10/5 CTG, MONGLA FAR EAST/MEDITERRANEAN SERVICE ETA S PORE LOADING FOR BISKRA Sid S. Korea, Japan ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heavy Lift 100 tons available On Inducement can call Indonesia East Malayats Ports <g>
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      Page 41 Advertisements Column 2
      199 41 ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA I LOADING FOR SPORE ANOtNET 19WB OA/OS DARESSALAAM. MOMBASA DJIBOUTI ASSAB MASSAWA HOOEIOAM ABYOT 21WB 1VO« DARESSALAAM MOMBASA OJWOUTI ASSAB. MA3SAWA. HOPE >0 AH KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel
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      617 41 MASKAPAI PELAYARAN LAUT FULLY CONTAINERISED REGIONAL FEEDCR SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OHFPORE. INDONESIA. MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN WASPADA 22S 27/4
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      Page 41 Advertisements Column 4
      667 41 rnnHi BAY OF BENGAL SERVICES MADRAS CALCUTTA VESSELS WY SIM MAA SIR INGER RMS 03M90 29/4 06/5 13/5 INGER RIIS 04N90 13/5 20/5 27/5 INGER RIIS 05N90 27/5 <0/R 10/6 INGER RIIS 06N90 10/6 17/0 24/6 DANISM FLAG YEAR BUILD 1909 VESSELS VOY SIN CCU SIN SUPER EIGHT 02N90 2W
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      Page 41 Advertisements Column 5
      305 41 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: M.V. "C. VEROLME" V 246 ETA 26/4/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vtl Hit Fli Ham Ant Fot/lUr Li* S pore C VEROLME 18/3 2Z/3 30/3 27/3~
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      Page 42 Advertisements Column 1
      1178 42 MAC-NELS SINGAPORE 1 worn tel. *****22 jjjjjjf tel *****02 TEL: (04) *****6 y K K TEL: (088) *****0 TAWAU TEL: (089) *****9 KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 ~l\ /\"r BAHRU TEL: (07) *****2 siBU TEL: (084) *****2 LABUAN TEL: (087) *****9 JAKARTA TEL:
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      Page 42 Advertisements Column 2
      361 42 ffrgfc blue star line I SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIY AUCK LYT PROSPECT OSS 2« Apr 13 Hay Via NPI
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      Page 42 Advertisements Column 3
      1061 42 /m THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH miia |m leti [kit una wi in libt KIM SOON U 17/90E 29 APR PENANG JENHOL 3/90E 24 APR
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      Page 44 Advertisements Column 1
      36 44 Banking, Finance and Insurance Supplement BT's biggest and more established annual supplement will be distributed free with your copy of Business l imes on May 24. Book your advertising space now. Call Joe lleng on 351)0554.
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  • Page 45 Miscellaneous
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      407 45 TIDES AND WEATHER TODAY'S IPCS (height nwtrg) NM MM IIM em «3M om «M 0 MM I7M MN UN UMIIM un UMI4HI9M MM 17M UN 19M 2M aM 2M ZM II UUUUUUUIIUU2IUU22IIIIUUIIJIIU24UU Pf 2.4 IJ L 4 03 0£ Oi 0.1 1-0 L 7 14 23 23 25 22 15
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      274 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -Or SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG SHALAMAR 13-15/4/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA ft JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 2-6/4
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      Page 46 Advertisements Column 2
      306 46 4HYUNDAI MERCHANT MARIE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA FROM PSW LBN OAK SEA NKG SIN HYUNDAI CHALLENGER BE 27/ M <8* 21*5 24* 27* HYUNDAI COMMANDER UN IMB 22*3 25*3 12*4 IJ*4 HYUNDAI INNOVATOR J2E W 1W W W W
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      Page 46 Advertisements Column 3
      10 46 Mid-Career H Moves? H Read H BUSINESS TIMES Every Saturday
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      Page 46 Advertisements Column 4
      437 46 CHARTPOINT Every Saturday in Business Times [SP |SH.|UK|O-<|«oU|oM|«V|-«|«.|»TC| mm*Mmm*s~ Tm~ W />uj6ato« new 75T ~7ff SINGAPORE mmummmm in *u.»c*Tt» timw vjm _vw z» W w w W w W W DIRECT EVERY ■uMumauiwc wjm -us aujcato kmtmk vjm an JW_ j*_ Hs_ j*Li*Li*L MONDAY A ouwca namwiT vjb -an «tggg_wgt
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